{ "ticker": { "uuid": "5e0aea3f-c37d-4001-b93a-8e0d709a5458", "symbol": "VSTL", "name": "Vibhor Steel Tubes 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": -74.857, "architecture_energy": 70.222, "architecture_maturity": 12.988, "architecture_confidence": 86.112, "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": 12.18, "rotation_up": 11.04, "upward_expansion": 14.72, "deceleration": 37.55, "rotation_down": 76.12, "downward_expansion": 92.72 }, "activity_lines": [ 110.016002, 112.222729, 115.743144, 116.375721 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 107.010002, "trend_reference": 117.252667, "distance_from_trend": -0.087355, "trend_direction": "Weakening", "fair_value": 183.799225, "distance_from_fair_value": -0.417789, "fair_value_direction": "Weakening", "relative_strength": -16.259553, "relative_strength_direction": "Weakening", "price_momentum": -0.08679, "excess_performance": -0.04308, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.087355, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.053032, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.417789, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.090754, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.162596, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.115577, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.08679, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.106095, "read": "Supply-led" } ], "volume": { "latest": 111778, "relative_activity": 1.487922, "balance": 0.106095, "dry_up": 0.855261, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.056429, "annualized_volatility": 0.327853, "from_high_reference": -0.428488, "from_low_reference": 0.061607 }, "levels": { "trend_reference": 117.252667, "fair_value_reference": 183.799225, 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119.869505 ] }, { "date": "2026-06-26", "close": 116.370003, "volume": 0, "typical_volume": 106335.5, "trend": 121.159666, "fair_value": 187.323577, "relative_strength": -10.965825, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.718562, "energy": 28.176765, "activity_lines": [ 117.414669, 119.162183, 119.409714, 119.523957 ] }, { "date": "2026-07-03", "close": 113.900002, "volume": 14733, "typical_volume": 104637.55, "trend": 120.611666, "fair_value": 186.731452, "relative_strength": -13.187447, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.827415, "energy": 31.103345, "activity_lines": [ 116.334002, 117.812547, 118.980524, 119.055591 ] }, { "date": "2026-07-10", "close": 114.470001, "volume": 42792, "typical_volume": 102992.55, "trend": 120.200333, "fair_value": 186.15336, "relative_strength": -11.846414, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.902315, "energy": 35.567187, "activity_lines": [ 115.587335, 116.797274, 118.631619, 118.659355 ] }, { "date": "2026-07-17", "close": 111.910004, "volume": 39894, "typical_volume": 101349.8, "trend": 119.472666, "fair_value": 185.564127, "relative_strength": -13.498371, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.545386, "energy": 56.086716, "activity_lines": [ 114.004003, 115.576547, 118.050239, 118.124495 ] }, { "date": "2026-07-24", "close": 111.139999, "volume": 39309, "typical_volume": 96606.5, "trend": 118.756, "fair_value": 184.97811, "relative_strength": -11.391214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.702549, "energy": 63.459707, "activity_lines": [ 112.728001, 114.524002, 117.41862, 117.586903 ] }, { "date": "2026-07-31", "close": 110.870003, "volume": 66020, "typical_volume": 88582.55, "trend": 117.897333, "fair_value": 184.399141, "relative_strength": -13.236285, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.447083, "energy": 62.409413, "activity_lines": [ 111.832002, 113.639093, 116.757001, 117.078129 ] }, { "date": "2026-08-07", "close": 107.010002, "volume": 111778, "typical_volume": 75123.55, "trend": 117.252667, "fair_value": 183.799225, "relative_strength": -16.259553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.857073, "energy": 70.222413, "activity_lines": [ 110.016002, 112.222729, 115.743144, 116.375721 ] } ], "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." } } }