{ "ticker": { "uuid": "883968be-9fb4-4d5a-81e7-510f2d79a27b", "symbol": "HIKAL", "name": "Hikal 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 60.322, "architecture_energy": 41.783, "architecture_maturity": 32.994, "architecture_confidence": 78.254, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 27.66, "rotation_up": 51.42, "upward_expansion": 79.17, "deceleration": 65.13, "rotation_down": 22.48, "downward_expansion": 5.84 }, "activity_lines": [ 225.036665, 222.087817, 211.795952, 204.264138 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 227.139999, "trend_reference": 197.900189, "distance_from_trend": 0.14775, "trend_direction": "Weakening", "fair_value": 293.948758, "distance_from_fair_value": -0.22728, "fair_value_direction": "Improving", "relative_strength": 5.693343, "relative_strength_direction": "Improving", "price_momentum": 0.266471, "excess_performance": 0.31018, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.14775, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.026706, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.22728, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.073136, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.056933, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.191156, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.266471, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.292433, "read": "Demand-led" } ], "volume": { "latest": 5151825, "relative_activity": 2.432518, "balance": 2.292433, "dry_up": 1.251874, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.085484, "annualized_volatility": 0.491478, "from_high_reference": -0.226362, "from_low_reference": 0.553094 }, "levels": { "trend_reference": 197.900189, "fair_value_reference": 293.948758, "structural_low": 146.25, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.010504, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.015231, "regime_survival": 0.722222, "best_return": 0.200117, "worst_return": -0.176303, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.026871, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.062006, "regime_survival": 0.285714, "best_return": 0.144177, "worst_return": -0.204703, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.03612, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.099313, "regime_survival": 0.2, "best_return": 0.29131, "worst_return": -0.404342, 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"direction": 64.528277, "energy": 76.975547, "activity_lines": [ 228.272001, 215.952546, 204.431287, 199.591523 ] }, { "date": "2026-07-24", "close": 217.399994, "volume": 1711213, "typical_volume": 2028926.45, "trend": 197.686785, "fair_value": 294.773536, "relative_strength": 3.123947, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.491629, "energy": 71.702516, "activity_lines": [ 226.379999, 217.460363, 206.644143, 200.828167 ] }, { "date": "2026-07-31", "close": 221.309998, "volume": 807560, "typical_volume": 1977944.05, "trend": 197.505669, "fair_value": 294.323451, "relative_strength": 3.172786, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.650642, "energy": 60.693824, "activity_lines": [ 224.949332, 219.389272, 209.058857, 202.352245 ] }, { "date": "2026-08-07", "close": 227.139999, "volume": 5151825, "typical_volume": 2117898.1, "trend": 197.900189, "fair_value": 293.948758, "relative_strength": 5.693343, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.32178, "energy": 41.782633, "activity_lines": [ 225.036665, 222.087817, 211.795952, 204.264138 ] } ], "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." } } }