{ "ticker": { "uuid": "b708808e-1936-4d92-b4a0-f17ba683ea7d", "symbol": "BEL", "name": "Bharat Electronics 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 53.513, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.704, "architecture_energy": 61.417, "architecture_maturity": 10.37, "architecture_confidence": 90.462, "architecture_tenure": "New", "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": 27.22, "rotation_up": 13.42, "upward_expansion": 14.04, "deceleration": 38.04, "rotation_down": 60.45, "downward_expansion": 85.04 }, "activity_lines": [ 400.343337, 405.760912, 412.984526, 418.714809 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 401.0, "trend_reference": 424.169788, "distance_from_trend": -0.054624, "trend_direction": "Improving", "fair_value": 309.531047, "distance_from_fair_value": 0.295508, "fair_value_direction": "Weakening", "relative_strength": -2.722516, "relative_strength_direction": "Weakening", "price_momentum": -0.062709, "excess_performance": -0.019, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.054624, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.001861, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.295508, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.246006, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.027225, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.134969, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.062709, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.188071, "read": "Supply-led" } ], "volume": { "latest": 62249029, "relative_activity": 1.273693, "balance": 0.188071, "dry_up": 1.256875, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.043823, "annualized_volatility": 0.247344, "from_high_reference": -0.153026, "from_low_reference": 0.114915 }, "levels": { "trend_reference": 424.169788, "fair_value_reference": 309.531047, "structural_low": 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423.932764 ] }, { "date": "2026-07-24", "close": 405.0, "volume": 33415238, "typical_volume": 48756387.15, "trend": 425.151996, "fair_value": 306.094837, "relative_strength": 1.718357, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.137094, "energy": 39.199771, "activity_lines": [ 410.043337, 411.755457, 418.178097, 422.650354 ] }, { "date": "2026-07-31", "close": 387.850006, "volume": 111267988, "typical_volume": 49774580.15, "trend": 424.698963, "fair_value": 307.784681, "relative_strength": -5.121439, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.488772, "energy": 65.864834, "activity_lines": [ 402.356671, 407.301822, 414.832383, 420.243774 ] }, { "date": "2026-08-07", "close": 401.0, "volume": 62249029, "typical_volume": 48872860.15, "trend": 424.169788, "fair_value": 309.531047, "relative_strength": -2.722516, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.704065, "energy": 61.417, "activity_lines": [ 400.343337, 405.760912, 412.984526, 418.714809 ] } ], "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." } } }