{ "ticker": { "uuid": "4e808881-f287-4776-94a8-17dbb64052f7", "symbol": "LEMERITE", "name": "LE MERITE EXPORTS 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": -65.937, "architecture_energy": 65.237, "architecture_maturity": 100.0, "architecture_confidence": 96, "architecture_tenure": "Established", "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": 10.65, "rotation_up": 29.83, "upward_expansion": 12.0, "deceleration": 60.92, "rotation_down": 54.39, "downward_expansion": 85.33 }, "activity_lines": [ 22.34, 22.856, 36.958286, 49.885721 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 23.41, "trend_reference": 65.201, "distance_from_trend": -0.640956, "trend_direction": "Weakening", "fair_value": 48.458442, "distance_from_fair_value": -0.516906, "fair_value_direction": "Weakening", "relative_strength": -68.65149, "relative_strength_direction": "Weakening", "price_momentum": -0.750373, "excess_performance": -0.706664, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.640956, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.275362, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.516906, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.407685, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.686515, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.777381, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.750373, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.343396, "read": "Supply-led" } ], "volume": { "latest": 1948278, "relative_activity": 0.602622, "balance": 0.343396, "dry_up": 0.736942, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.351691, "annualized_volatility": 0.99305, "from_high_reference": -0.782374, "from_low_reference": 0.199283 }, "levels": { "trend_reference": 65.201, "fair_value_reference": 48.458442, "structural_low": 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-72.576484, "energy": 86.45865, "activity_lines": [ 23.668001, 31.035273, 51.747191, 62.599592 ] }, { "date": "2026-07-17", "close": 20.389999, "volume": 2823402, "typical_volume": 3121725.05, "trend": 72.257001, "fair_value": 48.208914, "relative_strength": -73.299861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.938963, "energy": 70.611494, "activity_lines": [ 22.308667, 26.984, 47.415476, 59.080753 ] }, { "date": "2026-07-24", "close": 20.5, "volume": 2058448, "typical_volume": 3161618.7, "trend": 69.928334, "fair_value": 48.279277, "relative_strength": -72.208901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.056509, "energy": 69.319665, "activity_lines": [ 21.364667, 24.180909, 43.430048, 55.741592 ] }, { "date": "2026-07-31", "close": 23.27, "volume": 2700011, "typical_volume": 3233560.0, "trend": 67.517667, "fair_value": 48.368601, "relative_strength": -68.932652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.849529, "energy": 67.074292, "activity_lines": [ 21.795333, 23.218, 40.033572, 52.731377 ] }, { "date": "2026-08-07", "close": 23.41, "volume": 1948278, "typical_volume": 3233002.65, "trend": 65.201, "fair_value": 48.458442, "relative_strength": -68.65149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.936977, "energy": 65.23744, "activity_lines": [ 22.34, 22.856, 36.958286, 49.885721 ] } ], "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." } } }