{ "ticker": { "uuid": "deb204ec-7372-41ab-9113-5ab7476bd3c8", "symbol": "TEGA", "name": "Tega 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -58.993, "architecture_energy": 61.398, "architecture_maturity": 7.545, "architecture_confidence": 79.908, "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": 23.43, "rotation_up": 10.28, "upward_expansion": 13.16, "deceleration": 37.69, "rotation_down": 69.92, "downward_expansion": 88.83 }, "activity_lines": [ 1577.519987, 1624.709084, 1660.884283, 1677.686451 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 1625.699951, "trend_reference": 1701.073336, "distance_from_trend": -0.044309, "trend_direction": "Weakening", "fair_value": 1559.761536, "distance_from_fair_value": 0.042275, "fair_value_direction": "Weakening", "relative_strength": -8.891952, "relative_strength_direction": "Weakening", "price_momentum": -0.094065, "excess_performance": -0.050356, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.044309, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.046726, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.042275, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.066127, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.08892, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.045529, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.094065, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.754857, "read": "Demand-led" } ], "volume": { "latest": 998941, "relative_activity": 2.580764, "balance": 2.754857, "dry_up": 1.416583, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.07689, "annualized_volatility": 0.338695, "from_high_reference": -0.234965, "from_low_reference": 0.103666 }, "levels": { "trend_reference": 1701.073336, "fair_value_reference": 1559.761536, 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1715.876365, 1709.871908, 1718.230541 ] }, { "date": "2026-07-17", "close": 1622.199951, "volume": 242919, "typical_volume": 413178.2, "trend": 1737.843335, "fair_value": 1549.249399, "relative_strength": -9.055134, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.445313, "energy": 34.613038, "activity_lines": [ 1664.913322, 1700.669083, 1700.813808, 1710.051398 ] }, { "date": "2026-07-24", "close": 1560.300049, "volume": 300890, "typical_volume": 414019.05, "trend": 1725.160002, "fair_value": 1553.020057, "relative_strength": -10.217342, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.739949, "energy": 52.756467, "activity_lines": [ 1621.006673, 1674.93091, 1686.791431, 1698.596993 ] }, { "date": "2026-07-31", "close": 1485.0, "volume": 650527, "typical_volume": 419394.2, "trend": 1709.653337, "fair_value": 1556.229821, "relative_strength": -16.35962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.985359, "energy": 71.986069, "activity_lines": [ 1567.640007, 1635.956365, 1666.471431, 1683.102799 ] }, { "date": "2026-08-07", "close": 1625.699951, "volume": 998941, "typical_volume": 387071.85, "trend": 1701.073336, "fair_value": 1559.761536, "relative_strength": -8.891952, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.992669, "energy": 61.397874, "activity_lines": [ 1577.519987, 1624.709084, 1660.884283, 1677.686451 ] } ], "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." } } }