{ "ticker": { "uuid": "271a7d5a-9f45-456a-af15-5572572ad0ea", "symbol": "EMAMILTD", "name": "Emami 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": -46.619, "architecture_energy": 26.066, "architecture_maturity": 100.0, "architecture_confidence": 73.191, "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": 46.39, "rotation_up": 22.93, "upward_expansion": 6.88, "deceleration": 57.44, "rotation_down": 38.21, "downward_expansion": 66.55 }, "activity_lines": [ 407.889994, 408.350905, 411.860711, 418.417868 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 412.549988, "trend_reference": 433.269892, "distance_from_trend": -0.047822, "trend_direction": "Weakening", "fair_value": 538.29028, "distance_from_fair_value": -0.233592, "fair_value_direction": "Weakening", "relative_strength": -12.815875, "relative_strength_direction": "Weakening", "price_momentum": -0.172217, "excess_performance": -0.128508, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.047822, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.077158, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.233592, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.083458, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.128159, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.038562, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.172217, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.623064, "read": "Supply-led" } ], "volume": { "latest": 5181196, "relative_activity": 2.342413, "balance": 0.623064, "dry_up": 1.535554, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.058426, "annualized_volatility": 0.292272, "from_high_reference": -0.336621, "from_low_reference": 0.077013 }, "levels": { "trend_reference": 433.269892, "fair_value_reference": 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419.946972 ] }, { "date": "2026-08-07", "close": 412.549988, "volume": 5181196, "typical_volume": 2211905.25, "trend": 433.269892, "fair_value": 538.29028, "relative_strength": -12.815875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.61865, "energy": 26.066361, "activity_lines": [ 407.889994, 408.350905, 411.860711, 418.417868 ] } ], "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." } } }