{ "ticker": { "uuid": "632a332e-7881-4693-90d5-b835d7029018", "symbol": "YATRA", "name": "Yatra Online 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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -31.563, "architecture_energy": 19.776, "architecture_maturity": 26.233, "architecture_confidence": 65.111, "architecture_tenure": "Developing", "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": 50.4, "rotation_up": 19.89, "upward_expansion": 20.69, "deceleration": 57.46, "rotation_down": 43.96, "downward_expansion": 54.69 }, "activity_lines": [ 107.728, 109.166, 107.530095, 109.137591 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 107.029999, "trend_reference": 115.928999, "distance_from_trend": -0.076763, "trend_direction": "Weakening", "fair_value": 126.455, "distance_from_fair_value": -0.153612, "fair_value_direction": "Improving", "relative_strength": -19.799689, "relative_strength_direction": "Weakening", "price_momentum": -0.273684, "excess_performance": -0.229974, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.076763, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.154926, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.153612, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.003889, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.197997, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.049803, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.273684, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.550772, "read": "Supply-led" } ], "volume": { "latest": 3681455, "relative_activity": 0.500835, "balance": 0.550772, "dry_up": 0.465783, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.081149, "annualized_volatility": 0.626777, "from_high_reference": -0.470149, "from_low_reference": 0.190545 }, "levels": { "trend_reference": 115.928999, "fair_value_reference": 126.455, "structural_low": 89.900002, "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": 6, "median_return": -0.018017, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.035962, "regime_survival": 0.5, "best_return": 0.61751, "worst_return": -0.271888, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.143547, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.166175, "regime_survival": 0.0, "best_return": 0.502863, "worst_return": -0.21577, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.250585, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.251716, "regime_survival": 0.5, "best_return": 0.750543, "worst_return": -0.249373, "sufficient": false }, { "horizon": 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109.166, 107.530095, 109.137591 ] } ], "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." } } }