{ "ticker": { "uuid": "bd25a311-084d-4713-9e93-6104dc967fd8", "symbol": "MHRIL", "name": "Mahindra Holidays & Resorts India 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -57.319, "architecture_energy": 45.806, "architecture_maturity": 83.068, "architecture_confidence": 93.264, "architecture_tenure": "Extended", "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": 28.16, "rotation_up": 18.93, "upward_expansion": 5.93, "deceleration": 48.74, "rotation_down": 55.47, "downward_expansion": 76.93 }, "activity_lines": [ 224.059336, 227.642183, 230.801333, 238.501677 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": -0.5 }, "latest_close": 229.660004, "trend_reference": 251.915667, "distance_from_trend": -0.088346, "trend_direction": "Weakening", "fair_value": 349.919679, "distance_from_fair_value": -0.343678, "fair_value_direction": "Weakening", "relative_strength": -18.843469, "relative_strength_direction": "Improving", "price_momentum": -0.218046, "excess_performance": -0.174337, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.088346, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.101042, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.343678, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.014674, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.188435, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.030536, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.218046, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.126624, "read": "Supply-led" } ], "volume": { "latest": 820247, "relative_activity": 1.002234, "balance": 0.126624, "dry_up": 1.16748, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.059566, "annualized_volatility": 0.278585, "from_high_reference": -0.377446, "from_low_reference": 0.104666 }, "levels": { "trend_reference": 251.915667, "fair_value_reference": 349.919679, 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"close": 218.850006, "volume": 1535576, "typical_volume": 793854.95, "trend": 257.406666, "fair_value": 351.415063, "relative_strength": -21.442108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.931401, "energy": 46.957614, "activity_lines": [ 227.063334, 228.960363, 233.540189, 242.614924 ] }, { "date": "2026-07-31", "close": 218.410004, "volume": 711920, "typical_volume": 807160.55, "trend": 254.418667, "fair_value": 350.625704, "relative_strength": -22.881889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.080251, "energy": 60.448379, "activity_lines": [ 222.964669, 227.274364, 231.526142, 240.09901 ] }, { "date": "2026-08-07", "close": 229.660004, "volume": 820247, "typical_volume": 818418.75, "trend": 251.915667, "fair_value": 349.919679, "relative_strength": -18.843469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.319041, "energy": 45.805913, "activity_lines": [ 224.059336, 227.642183, 230.801333, 238.501677 ] } ], "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." } } }