{ "ticker": { "uuid": "b7b436ee-3a7b-44ca-8a93-27a328472da6", "symbol": "SALSTEEL", "name": "S.A.L. Steel 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": 94.422, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 61.159, "architecture_energy": 31.963, "architecture_maturity": 42.965, "architecture_confidence": 65.203, "architecture_tenure": "Developing", "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": 38.55, "rotation_up": 43.93, "upward_expansion": 69.41, "deceleration": 67.0, "rotation_down": 23.31, "downward_expansion": 7.41 }, "activity_lines": [ 58.104, 57.407273, 57.287476, 54.756236 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 61.75, "trend_reference": 51.245333, "distance_from_trend": 0.204988, "trend_direction": "Improving", "fair_value": 28.338077, "distance_from_fair_value": 1.179047, "fair_value_direction": "Weakening", "relative_strength": 41.631241, "relative_strength_direction": "Weakening", "price_momentum": 0.357441, "excess_performance": 0.40115, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.204988, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.12367, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.179047, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.086355, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.416312, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.321078, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.357441, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.165683, "read": "Demand-led" } ], "volume": { "latest": 1739291, "relative_activity": 2.715548, "balance": 2.165683, "dry_up": 1.187412, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.101651, "annualized_volatility": 0.495021, "from_high_reference": -0.086403, "from_low_reference": 3.297147 }, "levels": { "trend_reference": 51.245333, "fair_value_reference": 28.338077, "structural_low": 33.650002, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": -0.05, "positive_rate": 0.421053, "directional_follow_through": 0.421053, "median_excess_return": -0.02823, "regime_survival": 0.631579, "best_return": 0.384181, "worst_return": -0.184685, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.052326, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.110363, "regime_survival": 0.285714, "best_return": 0.298039, "worst_return": -0.218341, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.017778, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.060313, "regime_survival": 0.2, "best_return": 0.525606, "worst_return": -0.355787, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, 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"blue", "start": "2024-06-28", "end": "2024-09-13", "tenure": "Developing", "return": 0.40726, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-11-01", "tenure": "Developing", "return": -0.031086, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.145888, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": -0.032167, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-08-29", "tenure": "Extended", "return": -0.087532, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-12", "tenure": "New", "return": 0.426252, 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30.807333, "energy": 20.39852, "activity_lines": [ 55.332667, 56.773636, 55.765047, 53.093763 ] }, { "date": "2026-07-24", "close": 56.709999, "volume": 304312, "typical_volume": 554580.05, "trend": 50.101667, "fair_value": 27.795705, "relative_strength": 39.85048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.205861, "energy": 17.845856, "activity_lines": [ 55.594666, 56.577272, 56.147333, 53.552709 ] }, { "date": "2026-07-31", "close": 57.560001, "volume": 715740, "typical_volume": 579884.25, "trend": 50.553667, "fair_value": 28.051218, "relative_strength": 35.770781, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.351785, "energy": 17.551164, "activity_lines": [ 56.193333, 56.604545, 56.554333, 54.033892 ] }, { "date": "2026-08-07", "close": 61.75, "volume": 1739291, "typical_volume": 640493.55, "trend": 51.245333, "fair_value": 28.338077, "relative_strength": 41.631241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.159383, "energy": 31.962911, "activity_lines": [ 58.104, 57.407273, 57.287476, 54.756236 ] } ], "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." } } }