{ "ticker": { "uuid": "9171295c-a8f3-4d1b-a52d-8cd01f8db81f", "symbol": "BHANDARI", "name": "Bhandari Hosiery Exports 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": -62.377, "architecture_energy": 56.173, "architecture_maturity": 17.905, "architecture_confidence": 90.58, "architecture_tenure": "Developing", "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": 16.87, "rotation_up": 13.24, "upward_expansion": 10.66, "deceleration": 40.77, "rotation_down": 66.8, "downward_expansion": 86.32 }, "activity_lines": [ 2.876667, 2.923636, 3.030381, 3.049376 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 2.86, "trend_reference": 3.17361, "distance_from_trend": -0.098818, "trend_direction": "Weakening", "fair_value": 5.736276, "distance_from_fair_value": -0.501419, "fair_value_direction": "Weakening", "relative_strength": -23.120584, "relative_strength_direction": "Weakening", "price_momentum": -0.307506, "excess_performance": -0.263797, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.098818, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.117284, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.501419, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.099725, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.231206, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.066229, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.307506, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.147497, "read": "Supply-led" } ], "volume": { "latest": 345496, "relative_activity": 0.213874, "balance": 0.147497, "dry_up": 0.262033, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.066971, "annualized_volatility": 0.607789, "from_high_reference": -0.468541, "from_low_reference": 0.43 }, "levels": { "trend_reference": 3.17361, "fair_value_reference": 5.736276, "structural_low": 2.0, "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": 28, "median_return": -0.025825, "positive_rate": 0.357143, "directional_follow_through": 0.607143, "median_excess_return": -0.034554, "regime_survival": 0.785714, "best_return": 0.457778, "worst_return": -0.290404, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.046726, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.062763, "regime_survival": 0.5, "best_return": 0.053764, "worst_return": -0.242376, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.163934, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.194557, "regime_survival": 0.4, "best_return": -0.04206, "worst_return": -0.309211, "sufficient": true }, { "horizon": "Full cycle", 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"2025-01-10", "end": "2025-01-31", "tenure": "New", "return": -0.004695, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-06-06", "tenure": "Established", "return": -0.101124, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.021583, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.048148, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": -0.00866, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-09-12", "tenure": "New", "return": -0.029644, "active": false }, { "regime": "deceleration", "label": 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"direction": -42.769478, "energy": 37.942555, "activity_lines": [ 3.026667, 3.104909, 3.093135, 3.179293 ] }, { "date": "2026-07-10", "close": 2.94, "volume": 571708, "typical_volume": 2373525.55, "trend": 3.33161, "fair_value": 5.777292, "relative_strength": -23.482779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.670293, "energy": 48.707676, "activity_lines": [ 2.994, 3.062545, 3.084238, 3.151555 ] }, { "date": "2026-07-17", "close": 2.9, "volume": 455577, "typical_volume": 1991754.8, "trend": 3.29361, "fair_value": 5.76795, "relative_strength": -23.927902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.538518, "energy": 51.479695, "activity_lines": [ 2.96, 3.016545, 3.074143, 3.123709 ] }, { "date": "2026-07-24", "close": 2.89, "volume": 485020, "typical_volume": 1878564.2, "trend": 3.257277, "fair_value": 5.75885, "relative_strength": -21.465592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.318177, "energy": 50.610983, "activity_lines": [ 2.929333, 2.979818, 3.062667, 3.09767 ] }, { "date": "2026-07-31", "close": 2.86, "volume": 407078, "typical_volume": 1791580.4, "trend": 3.211277, "fair_value": 5.749558, "relative_strength": -23.376516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.599897, "energy": 52.376705, "activity_lines": [ 2.898, 2.948727, 3.047238, 3.072039 ] }, { "date": "2026-08-07", "close": 2.86, "volume": 345496, "typical_volume": 1615416.4, "trend": 3.17361, "fair_value": 5.736276, "relative_strength": -23.120584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.377037, "energy": 56.172791, "activity_lines": [ 2.876667, 2.923636, 3.030381, 3.049376 ] } ], "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." } } }