{ "ticker": { "uuid": "2de13431-8a91-47dd-904d-6c427ab67df8", "symbol": "SUBEXLTD", "name": "Subex 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 90.485, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 77.32, "architecture_energy": 73.398, "architecture_maturity": 30.0, "architecture_confidence": 90.677, "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": 13.78, "rotation_up": 67.52, "upward_expansion": 88.56, "deceleration": 48.29, "rotation_down": 16.9, "downward_expansion": 15.23 }, "activity_lines": [ 13.035333, 12.591455, 11.744619, 11.026086 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 13.74, "trend_reference": 10.327667, "distance_from_trend": 0.330407, "trend_direction": "Improving", "fair_value": 21.130321, "distance_from_fair_value": -0.34975, "fair_value_direction": "Improving", "relative_strength": 23.311684, "relative_strength_direction": "Improving", "price_momentum": 0.412127, "excess_performance": 0.455837, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.330407, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.007086, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.34975, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.139047, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.233117, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.215739, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.412127, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.461725, "read": "Demand-led" } ], "volume": { "latest": 11688144, "relative_activity": 1.407459, "balance": 1.461725, "dry_up": 0.732305, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.085153, "annualized_volatility": 0.605378, "from_high_reference": -0.057613, "from_low_reference": 1.078669 }, "levels": { "trend_reference": 10.327667, "fair_value_reference": 21.130321, "structural_low": 6.61, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.036443, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.057644, "regime_survival": 0.555556, "best_return": 0.088365, "worst_return": -0.204134, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.112147, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.122766, "regime_survival": 0.0, "best_return": -0.075802, "worst_return": -0.21559, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.157505, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.263896, "regime_survival": 0.25, "best_return": 0.12828, "worst_return": -0.266152, "sufficient": false }, { "horizon": 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"activity_lines": [ 12.706, 12.133273, 11.25381, 10.662194 ] }, { "date": "2026-07-31", "close": 12.33, "volume": 3487726, "typical_volume": 8319187.5, "trend": 10.225, "fair_value": 21.257949, "relative_strength": 11.752175, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.981691, "energy": 68.893632, "activity_lines": [ 12.656, 12.245818, 11.44181, 10.799312 ] }, { "date": "2026-08-07", "close": 13.74, "volume": 11688144, "typical_volume": 8304427.45, "trend": 10.327667, "fair_value": 21.130321, "relative_strength": 23.311684, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.320319, "energy": 73.397761, "activity_lines": [ 13.035333, 12.591455, 11.744619, 11.026086 ] } ], "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." } } }