{ "ticker": { "uuid": "464262c1-ac3f-4e19-9f8a-3238ff20cfbc", "symbol": "LTTS", "name": "L&T Technology Services 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": 70.051, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 32.477, "architecture_energy": 27.88, "architecture_maturity": 10.523, "architecture_confidence": 74.059, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 43.06, "rotation_up": 61.2, "upward_expansion": 43.34, "deceleration": 40.18, "rotation_down": 22.46, "downward_expansion": 17.67 }, "activity_lines": [ 3505.213314, 3420.650888, 3410.165282, 3405.497834 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 3598.699951, "trend_reference": 3440.634432, "distance_from_trend": 0.045941, "trend_direction": "Weakening", "fair_value": 4424.214992, "distance_from_fair_value": -0.18659, "fair_value_direction": "Weakening", "relative_strength": -3.765231, "relative_strength_direction": "Weakening", "price_momentum": -0.056154, "excess_performance": -0.012445, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045941, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.086069, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.18659, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.029768, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.037652, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.010852, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.056154, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.329651, "read": "Demand-led" } ], "volume": { "latest": 520290, "relative_activity": 0.927494, "balance": 4.329651, "dry_up": 2.186659, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.06034, "annualized_volatility": 0.344603, "from_high_reference": -0.229945, "from_low_reference": 0.209063 }, "levels": { "trend_reference": 3440.634432, "fair_value_reference": 4424.214992, "structural_low": 2976.437224, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": -0.01519, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.024761, "regime_survival": 0.6, "best_return": 0.148084, "worst_return": -0.167904, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.013243, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.013346, "regime_survival": 0.0, "best_return": 0.063305, "worst_return": -0.380615, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.053745, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.043456, "regime_survival": 0.5, "best_return": 0.384269, 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"active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": 0.120623, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-03-07", "tenure": "Developing", "return": -0.112134, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-06-20", "tenure": "Established", "return": 0.009163, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-08-15", "tenure": "Developing", "return": -0.052855, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": 0.003626, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-12-05", "tenure": "Developing", "return": 0.057677, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": -0.034388, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-01-23", "tenure": "Developing", "return": -0.150588, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-07-31", "tenure": "Extended", "return": -0.034197, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4109.037109, "volume": 631171, "typical_volume": 1350155.35, "trend": 3611.125187, "fair_value": 3344.403811, "relative_strength": 8.374835, "stage": 2, "regime": 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4430.580718, "relative_strength": -6.075464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.378671, "energy": 16.478387, "activity_lines": [ 3354.740023, 3336.44909, 3371.96617, 3392.66645 ] }, { "date": "2026-07-31", "close": 3555.399902, "volume": 609447, "typical_volume": 609314.9, "trend": 3464.238949, "fair_value": 4427.370413, "relative_strength": -4.465224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.136182, "energy": 11.740843, "activity_lines": [ 3430.52666, 3375.850892, 3389.393216, 3396.822931 ] }, { "date": "2026-08-07", "close": 3598.699951, "volume": 520290, "typical_volume": 560962.95, "trend": 3440.634432, "fair_value": 4424.214992, "relative_strength": -3.765231, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.477015, "energy": 27.880121, "activity_lines": [ 3505.213314, 3420.650888, 3410.165282, 3405.497834 ] } ], "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." } } }