{ "ticker": { "uuid": "2d7b0ba5-4e66-4f01-b732-1683bba44346", "symbol": "NELCO", "name": "Nelco 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 66.714, "architecture_energy": 62.398, "architecture_maturity": 34.142, "architecture_confidence": 89.675, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 12.05, "rotation_up": 65.41, "upward_expansion": 84.53, "deceleration": 58.74, "rotation_down": 17.58, "downward_expansion": 11.2 }, "activity_lines": [ 952.010014, 921.219622, 837.836012, 780.977684 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 958.900024, "trend_reference": 719.450869, "distance_from_trend": 0.332822, "trend_direction": "Improving", "fair_value": 844.497206, "distance_from_fair_value": 0.135469, "fair_value_direction": "Improving", "relative_strength": 26.322258, "relative_strength_direction": "Improving", "price_momentum": 0.520615, "excess_performance": 0.564324, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.332822, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044987, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.135469, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.265511, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.263223, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.312849, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.520615, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.896223, "read": "Demand-led" } ], "volume": { "latest": 2289694, "relative_activity": 1.531695, "balance": 2.896223, "dry_up": 1.354623, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.086899, "annualized_volatility": 0.531078, "from_high_reference": -0.0654, "from_low_reference": 0.917417 }, "levels": { "trend_reference": 719.450869, "fair_value_reference": 844.497206, "structural_low": 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"date": "2026-07-31", "close": 1015.650024, "volume": 3383047, "typical_volume": 1400010.7, "trend": 711.119202, "fair_value": 843.260602, "relative_strength": 35.061798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.992337, "energy": 75.795926, "activity_lines": [ 941.410006, 902.222771, 817.797086, 764.991824 ] }, { "date": "2026-08-07", "close": 958.900024, "volume": 2289694, "typical_volume": 1494875.6, "trend": 719.450869, "fair_value": 844.497206, "relative_strength": 26.322258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.714289, "energy": 62.398478, "activity_lines": [ 952.010014, 921.219622, 837.836012, 780.977684 ] } ], "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." } } }