{ "ticker": { "uuid": "3bebed9a-508e-4c69-a5ba-6051e049decd", "symbol": "SANDUMA", "name": "The Sandur Manganese & Iron Ores 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 63.211, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -15.568, "architecture_energy": 26.653, "architecture_maturity": 3.381, "architecture_confidence": 48.244, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 44.08, "rotation_up": 21.63, "upward_expansion": 20.56, "deceleration": 52.96, "rotation_down": 53.18, "downward_expansion": 45.56 }, "activity_lines": [ 203.897329, 205.224542, 210.452856, 209.215139 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 205.369995, "trend_reference": 208.978667, "distance_from_trend": -0.017268, "trend_direction": "Weakening", "fair_value": 165.861124, "distance_from_fair_value": 0.238205, "fair_value_direction": "Weakening", "relative_strength": 1.405236, "relative_strength_direction": "Weakening", "price_momentum": -0.034008, "excess_performance": 0.009702, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.017268, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.020368, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.238205, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.254019, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014052, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.293264, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.034008, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.833813, "read": "Supply-led" } ], "volume": { "latest": 4142462, "relative_activity": 0.618658, "balance": 0.833813, "dry_up": 0.62101, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.063147, "annualized_volatility": 0.37776, "from_high_reference": -0.247729, "from_low_reference": 0.45669 }, "levels": { "trend_reference": 208.978667, "fair_value_reference": 165.861124, "structural_low": 170.509995, 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6876485.2, "trend": 209.625334, "fair_value": 165.601197, "relative_strength": 6.341054, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -22.476139, "energy": 30.815842, "activity_lines": [ 203.229996, 206.077452, 210.795428, 209.489677 ] }, { "date": "2026-08-07", "close": 205.369995, "volume": 4142462, "typical_volume": 6695884.55, "trend": 208.978667, "fair_value": 165.861124, "relative_strength": 1.405236, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.567894, "energy": 26.652568, "activity_lines": [ 203.897329, 205.224542, 210.452856, 209.215139 ] } ], "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." } } }