{ "ticker": { "uuid": "2687f3b4-ecbb-45e9-a939-3c2ff774d89c", "symbol": "RELINFRA", "name": "Reliance Infrastructure Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -64.889, "architecture_energy": 57.787, "architecture_maturity": 99.335, "architecture_confidence": 80.181, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 15.98, "rotation_up": 16.33, "upward_expansion": 8.31, "deceleration": 54.58, "rotation_down": 69.57, "downward_expansion": 83.97 }, "activity_lines": [ 67.689333, 70.403637, 72.828619, 76.625097 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 76.559998, "trend_reference": 86.471, "distance_from_trend": -0.114616, "trend_direction": "Weakening", "fair_value": 208.104807, "distance_from_fair_value": -0.632108, "fair_value_direction": "Improving", "relative_strength": -44.24897, "relative_strength_direction": "Improving", "price_momentum": -0.362584, "excess_performance": -0.318875, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.114616, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.26201, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.632108, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.019869, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.44249, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.185948, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.362584, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.832319, "read": "Supply-led" } ], "volume": { "latest": 4075248, "relative_activity": 2.137243, "balance": 0.832319, "dry_up": 1.254965, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.076642, "annualized_volatility": 0.715273, "from_high_reference": -0.747327, "from_low_reference": 0.27515 }, "levels": { "trend_reference": 86.471, "fair_value_reference": 208.104807, 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"activity_lines": [ 71.284001, 73.976183, 75.562096, 81.672366 ] }, { "date": "2026-07-24", "close": 63.189999, "volume": 2332100, "typical_volume": 2726515.3, "trend": 92.613, "fair_value": 209.595513, "relative_strength": -55.252554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.381154, "energy": 91.883301, "activity_lines": [ 67.746667, 72.026364, 74.188334, 79.537527 ] }, { "date": "2026-07-31", "close": 60.040001, "volume": 2206582, "typical_volume": 2470093.8, "trend": 89.129666, "fair_value": 208.703782, "relative_strength": -57.138889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.887406, "energy": 94.540745, "activity_lines": [ 64.383334, 69.645819, 72.661191, 77.436043 ] }, { "date": "2026-08-07", "close": 76.559998, "volume": 4075248, "typical_volume": 1906778.4, "trend": 86.471, "fair_value": 208.104807, "relative_strength": -44.24897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.888657, "energy": 57.787443, "activity_lines": [ 67.689333, 70.403637, 72.828619, 76.625097 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }