{ "ticker": { "uuid": "81230922-c60e-44c2-a528-cc6e51372215", "symbol": "DEN", "name": "DEN Networks 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 77.946, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -6.145, "architecture_energy": 19.145, "architecture_maturity": 23.506, "architecture_confidence": 68.32, "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": 58.39, "rotation_up": 12.77, "upward_expansion": 20.24, "deceleration": 77.3, "rotation_down": 59.98, "downward_expansion": 35.57 }, "activity_lines": [ 27.436667, 28.330909, 28.255095, 28.008172 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 27.32, "trend_reference": 27.921667, "distance_from_trend": -0.021548, "trend_direction": "Weakening", "fair_value": 41.204808, "distance_from_fair_value": -0.336971, "fair_value_direction": "Improving", "relative_strength": -8.742875, "relative_strength_direction": "Improving", "price_momentum": -0.058256, "excess_performance": -0.014547, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.021548, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.032144, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.336971, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.000706, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.087429, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.026929, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.058256, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.729008, "read": "Supply-led" } ], "volume": { "latest": 1388810, "relative_activity": 0.597473, "balance": 0.729008, "dry_up": 0.956458, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.079711, "annualized_volatility": 0.420665, "from_high_reference": -0.279726, "from_low_reference": 0.213144 }, "levels": { "trend_reference": 27.921667, "fair_value_reference": 41.204808, "structural_low": 22.52, "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": 19, "median_return": -0.058108, "positive_rate": 0.157895, "directional_follow_through": 0.157895, "median_excess_return": -0.048234, "regime_survival": 0.578947, "best_return": 0.049409, "worst_return": -0.212946, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.135983, "positive_rate": 0.111111, "directional_follow_through": 0.111111, "median_excess_return": -0.121509, "regime_survival": 0.444444, "best_return": 0.006803, "worst_return": -0.21861, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.204239, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.246205, "regime_survival": 0.0, "best_return": -0.17415, "worst_return": -0.233184, 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0.088204, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-10", "end": "2024-06-07", "tenure": "Developing", "return": 0.019527, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-10-25", "tenure": "Established", "return": -0.202826, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-06-27", "tenure": "Extended", "return": -0.227647, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": -0.004499, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-08-15", "tenure": "New", "return": -0.020752, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-10-17", "tenure": "Developing", "return": -0.090335, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": -0.020402, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-06-12", "tenure": "Extended", "return": -0.145014, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": -0.174123, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.005891, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.200001, "volume": 8257011, "typical_volume": 6907445.8, "trend": 32.82, "fair_value": 44.948397, "relative_strength": 18.355739, "stage": 2, "regime": 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"activity_lines": [ 29.209334, 29.079818, 28.399857, 28.179226 ] }, { "date": "2026-07-24", "close": 27.16, "volume": 2279638, "typical_volume": 2467575.85, "trend": 28.174667, "fair_value": 41.391795, "relative_strength": -7.321803, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.737067, "energy": 13.029841, "activity_lines": [ 28.224667, 28.820728, 28.34081, 28.104108 ] }, { "date": "2026-07-31", "close": 27.41, "volume": 964441, "typical_volume": 2377646.2, "trend": 28.042334, "fair_value": 41.305321, "relative_strength": -8.249318, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.684289, "energy": 15.595718, "activity_lines": [ 27.718, 28.588182, 28.304953, 28.054774 ] }, { "date": "2026-08-07", "close": 27.32, "volume": 1388810, "typical_volume": 2324473.75, "trend": 27.921667, "fair_value": 41.204808, "relative_strength": -8.742875, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.145355, "energy": 19.144889, "activity_lines": [ 27.436667, 28.330909, 28.255095, 28.008172 ] } ], "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." } } }