{ "ticker": { "uuid": "556b9dab-b7bb-4ebe-8c44-7d4450d39ecb", "symbol": "FCSSOFT", "name": "FCS Software Solutions 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.928, "architecture_energy": 32.798, "architecture_maturity": 20.063, "architecture_confidence": 92.974, "architecture_tenure": "New", "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": 28.73, "rotation_up": 18.54, "upward_expansion": 3.07, "deceleration": 54.54, "rotation_down": 51.84, "downward_expansion": 76.4 }, "activity_lines": [ 1.510667, 1.527091, 1.567762, 1.573398 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 1.47, "trend_reference": 1.588, "distance_from_trend": -0.074307, "trend_direction": "Weakening", "fair_value": 2.897244, "distance_from_fair_value": -0.492621, "fair_value_direction": "Weakening", "relative_strength": -19.076946, "relative_strength_direction": "Weakening", "price_momentum": -0.196721, "excess_performance": -0.153012, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.074307, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.082081, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.492621, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.06467, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.190769, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.021632, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.196721, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.47607, "read": "Supply-led" } ], "volume": { "latest": 6767792, "relative_activity": 1.289934, "balance": 0.47607, "dry_up": 1.201383, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.075877, "annualized_volatility": 0.56865, "from_high_reference": -0.432432, "from_low_reference": 0.4 }, "levels": { "trend_reference": 1.588, "fair_value_reference": 2.897244, "structural_low": 1.05, "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": 37, "median_return": -0.04, "positive_rate": 0.405405, "directional_follow_through": 0.567568, "median_excess_return": -0.029375, "regime_survival": 0.864865, "best_return": 0.235294, "worst_return": -0.166667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.066207, "positive_rate": 0.083333, "directional_follow_through": 0.833333, "median_excess_return": -0.107964, "regime_survival": 0.666667, "best_return": 0.116667, "worst_return": -0.193237, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.154985, "positive_rate": 0.0, "directional_follow_through": 0.833333, "median_excess_return": -0.166784, "regime_survival": 0.5, "best_return": 0.0, "worst_return": -0.270531, "sufficient": true }, { "horizon": "Full 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"balance", "label": "Balance", "color": "blue", "start": "2022-12-09", "end": "2023-01-27", "tenure": "Developing", "return": -0.15, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-02-03", "end": "2023-07-07", "tenure": "Established", "return": -0.14, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-07-14", "end": "2023-09-15", "tenure": "Developing", "return": 0.170213, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-22", "end": "2024-03-01", "tenure": "Established", "return": 0.867925, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-08", "end": "2024-05-17", "tenure": "Developing", "return": -0.180851, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-24", "end": "2025-06-20", 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"relative_strength": -13.55515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.356101, "energy": 44.915168, "activity_lines": [ 1.539333, 1.558909, 1.585667, 1.588968 ] }, { "date": "2026-07-31", "close": 1.5, "volume": 6549707, "typical_volume": 5367478.85, "trend": 1.599, "fair_value": 2.902885, "relative_strength": -17.620883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.01662, "energy": 36.96595, "activity_lines": [ 1.529333, 1.545636, 1.57819, 1.58172 ] }, { "date": "2026-08-07", "close": 1.47, "volume": 6767792, "typical_volume": 5246618.35, "trend": 1.588, "fair_value": 2.897244, "relative_strength": -19.076946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.927516, "energy": 32.798155, "activity_lines": [ 1.510667, 1.527091, 1.567762, 1.573398 ] } ], "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." } } }