{ "ticker": { "uuid": "9222b9a9-7e2b-4a64-afb7-cf5e01af9725", "symbol": "SANSTAR", "name": "SANSTAR 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 33.315, "architecture_energy": 21.246, "architecture_maturity": 72.502, "architecture_confidence": 96, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 43.93, "rotation_up": 20.54, "upward_expansion": 53.47, "deceleration": 93.83, "rotation_down": 29.16, "downward_expansion": 19.47 }, "activity_lines": [ 111.296001, 113.423091, 110.754095, 105.100581 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 113.410004, "trend_reference": 98.951, "distance_from_trend": 0.146123, "trend_direction": "Improving", "fair_value": 102.514953, "distance_from_fair_value": 0.106278, "fair_value_direction": "Improving", "relative_strength": 18.808526, "relative_strength_direction": "Improving", "price_momentum": 0.274127, "excess_performance": 0.317836, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.146123, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.082927, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.106278, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.16012, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.188085, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.099537, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.274127, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.700048, "read": "Demand-led" } ], "volume": { "latest": 2832486, "relative_activity": 1.390456, "balance": 4.700048, "dry_up": 0.770486, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.089519, "annualized_volatility": 0.32123, "from_high_reference": -0.09301, "from_low_reference": 0.52638 }, "levels": { "trend_reference": 98.951, "fair_value_reference": 102.514953, "structural_low": 74.300003, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-20", "tenure": "New", "return": -0.028417, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.016622, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-05-08", "tenure": "Developing", "return": 0.136564, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.175897, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-07-17", "tenure": "Developing", "return": -0.087572, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.040745, "active": true } ], "chart_path": [ { "date": "2024-07-26", "close": 115.07, "volume": 89682149, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 120.239998, "volume": 38307399, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 113.739998, "volume": 14200802, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, 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108.970001, "volume": 823725, "typical_volume": 1942408.75, "trend": 97.739333, "fair_value": 102.323238, "relative_strength": 19.214171, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.684997, "energy": 26.033671, "activity_lines": [ 111.831333, 114.556909, 108.762761, 103.218537 ] }, { "date": "2026-07-31", "close": 111.75, "volume": 1670979, "typical_volume": 1938584.65, "trend": 98.249, "fair_value": 102.41217, "relative_strength": 18.613985, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.651378, "energy": 24.625754, "activity_lines": [ 110.844, 113.793272, 109.745476, 104.122451 ] }, { "date": "2026-08-07", "close": 113.410004, "volume": 2832486, "typical_volume": 2037091.2, "trend": 98.951, "fair_value": 102.514953, "relative_strength": 18.808526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.314627, "energy": 21.245838, "activity_lines": [ 111.296001, 113.423091, 110.754095, 105.100581 ] } ], "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." } } }