{ "ticker": { "uuid": "d290c1a7-db9a-438c-afd2-31e030d1c9d9", "symbol": "ZUARIIND", "name": "Zuari Industries 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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 3.249, "architecture_energy": 4.342, "architecture_maturity": 32.14, "architecture_confidence": 55.736, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 66.98, "rotation_up": 27.16, "upward_expansion": 26.93, "deceleration": 60.44, "rotation_down": 32.51, "downward_expansion": 24.59 }, "activity_lines": [ 259.853335, 260.720001, 259.352287, 257.328883 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 259.350006, "trend_reference": 257.492667, "distance_from_trend": 0.007213, "trend_direction": "Weakening", "fair_value": 281.095529, "distance_from_fair_value": -0.07736, "fair_value_direction": "Weakening", "relative_strength": -8.159826, "relative_strength_direction": "Weakening", "price_momentum": -0.010303, "excess_performance": 0.033406, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.007213, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.069206, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.07736, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.082643, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.081598, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.053251, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.010303, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.101224, "read": "Demand-led" } ], "volume": { "latest": 58725, "relative_activity": 0.308431, "balance": 1.101224, "dry_up": 0.538071, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.056651, "annualized_volatility": 0.336743, "from_high_reference": -0.376562, "from_low_reference": 0.235 }, "levels": { "trend_reference": 257.492667, "fair_value_reference": 281.095529, "structural_low": 210.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.017294, "positive_rate": 0.384615, "directional_follow_through": 0.384615, "median_excess_return": -0.031432, "regime_survival": 0.538462, "best_return": 0.163716, "worst_return": -0.182713, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.121937, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.045666, "regime_survival": 0.333333, "best_return": 0.31693, "worst_return": -0.191852, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.061238, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.078963, "regime_survival": 0.0, "best_return": 0.191243, "worst_return": -0.195121, 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"typical_volume": 206286.6, "trend": 258.629334, "fair_value": 280.392398, "relative_strength": -7.951683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.077228, "energy": 10.540605, "activity_lines": [ 260.876666, 260.662728, 258.962429, 257.282388 ] }, { "date": "2026-08-07", "close": 259.350006, "volume": 58725, "typical_volume": 190399.25, "trend": 257.492667, "fair_value": 281.095529, "relative_strength": -8.159826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.249133, "energy": 4.34238, "activity_lines": [ 259.853335, 260.720001, 259.352287, 257.328883 ] } ], "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." } } }