{ "ticker": { "uuid": "8ce7d728-97ae-41b8-a98d-ca98b15bac24", "symbol": "TTML", "name": "Tata Teleservices (Maharashtra) 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": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -35.791, "architecture_energy": 53.363, "architecture_maturity": 6.929, "architecture_confidence": 64.661, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 35.9, "rotation_up": 17.03, "upward_expansion": 19.12, "deceleration": 43.76, "rotation_down": 67.75, "downward_expansion": 60.79 }, "activity_lines": [ 39.775333, 40.991091, 42.039142, 41.821398 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 39.369999, "trend_reference": 41.955, "distance_from_trend": -0.061614, "trend_direction": "Weakening", "fair_value": 68.524615, "distance_from_fair_value": -0.425462, "fair_value_direction": "Weakening", "relative_strength": -15.472416, "relative_strength_direction": "Weakening", "price_momentum": -0.100525, "excess_performance": -0.056816, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.061614, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.062116, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.425462, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.045434, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.154724, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.0183, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.100525, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.123274, "read": "Demand-led" } ], "volume": { "latest": 4589335, "relative_activity": 0.216122, "balance": 2.123274, "dry_up": 0.51624, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.070925, "annualized_volatility": 0.371069, "from_high_reference": -0.353424, "from_low_reference": 0.261051 }, "levels": { "trend_reference": 41.955, "fair_value_reference": 68.524615, "structural_low": 31.219999, "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": 2, "median_return": -0.022674, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": 0.002955, "regime_survival": 0.0, "best_return": -0.011373, "worst_return": -0.033974, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.081999, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.096378, "regime_survival": 0.0, "best_return": 0.074021, "worst_return": -0.238018, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.167351, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.23048, "regime_survival": 0.0, "best_return": -0.149487, "worst_return": -0.185215, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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43.357636, 42.794, 42.585161 ] }, { "date": "2026-07-17", "close": 40.279999, "volume": 4817280, "typical_volume": 21317833.1, "trend": 42.886, "fair_value": 69.27718, "relative_strength": -14.699401, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.355542, "energy": 28.28809, "activity_lines": [ 41.638666, 42.77709, 42.652142, 42.396408 ] }, { "date": "2026-07-24", "close": 39.380001, "volume": 22337305, "typical_volume": 21887237.95, "trend": 42.527333, "fair_value": 69.02609, "relative_strength": -13.915735, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.279632, "energy": 49.41274, "activity_lines": [ 40.678666, 42.102363, 42.430809, 42.170215 ] }, { "date": "2026-07-31", "close": 39.950001, "volume": 12105477, "typical_volume": 21986095.2, "trend": 42.199333, "fair_value": 68.771603, "relative_strength": -14.230679, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -31.560782, "energy": 48.527916, "activity_lines": [ 40.229334, 41.579091, 42.266666, 42.003935 ] }, { "date": "2026-08-07", "close": 39.369999, "volume": 4589335, "typical_volume": 21234966.0, "trend": 41.955, "fair_value": 68.524615, "relative_strength": -15.472416, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.790569, "energy": 53.363282, "activity_lines": [ 39.775333, 40.991091, 42.039142, 41.821398 ] } ], "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." } } }