{ "ticker": { "uuid": "cd2b0115-4f7e-4168-87c3-020428a7b7c7", "symbol": "MARATHON", "name": "Marathon Nextgen Realty 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": -65.155, "architecture_energy": 64.952, "architecture_maturity": 25.98, "architecture_confidence": 91.725, "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": 8.7, "rotation_up": 13.85, "upward_expansion": 13.6, "deceleration": 39.48, "rotation_down": 68.87, "downward_expansion": 89.27 }, "activity_lines": [ 388.723338, 396.283641, 418.695954, 426.688281 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 386.100006, "trend_reference": 441.13, "distance_from_trend": -0.124748, "trend_direction": "Weakening", "fair_value": 512.312458, "distance_from_fair_value": -0.246358, "fair_value_direction": "Weakening", "relative_strength": -22.258539, "relative_strength_direction": "Weakening", "price_momentum": -0.220236, "excess_performance": -0.176527, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.124748, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.098152, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.246358, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.26015, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.222585, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.182747, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.220236, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.236112, "read": "Supply-led" } ], "volume": { "latest": 355527, "relative_activity": 1.266117, "balance": 0.236112, "dry_up": 1.144955, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.079503, "annualized_volatility": 0.418766, "from_high_reference": -0.436679, "from_low_reference": 0.04833 }, "levels": { "trend_reference": 441.13, "fair_value_reference": 512.312458, 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"volume": 368290, "typical_volume": 291617.6, "trend": 444.886666, "fair_value": 512.201877, "relative_strength": -21.645814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.507008, "energy": 56.239459, "activity_lines": [ 393.416671, 400.224549, 423.159287, 430.480968 ] }, { "date": "2026-08-07", "close": 386.100006, "volume": 355527, "typical_volume": 280801.0, "trend": 441.13, "fair_value": 512.312458, "relative_strength": -22.258539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.155259, "energy": 64.952027, "activity_lines": [ 388.723338, 396.283641, 418.695954, 426.688281 ] } ], "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." } } }