{ "ticker": { "uuid": "eb24082a-9f9b-4605-b0a0-a56e4429f2e8", "symbol": "JMFINANCIL", "name": "JM Financial 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": 82.169, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -45.135, "architecture_energy": 27.325, "architecture_maturity": 16.21, "architecture_confidence": 89.724, "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": 36.01, "rotation_up": 23.27, "upward_expansion": 7.76, "deceleration": 41.42, "rotation_down": 48.32, "downward_expansion": 76.43 }, "activity_lines": [ 124.346668, 124.803337, 126.592373, 127.004332 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 127.459999, "trend_reference": 127.795386, "distance_from_trend": -0.002624, "trend_direction": "Weakening", "fair_value": 116.50698, "distance_from_fair_value": 0.094012, "fair_value_direction": "Weakening", "relative_strength": -9.313123, "relative_strength_direction": "Weakening", "price_momentum": 0.042703, "excess_performance": 0.086412, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.002624, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.052519, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.094012, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.185077, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.093131, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.100392, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.042703, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.287907, "read": "Demand-led" } ], "volume": { "latest": 44045117, "relative_activity": 4.121065, "balance": 1.287907, "dry_up": 1.615614, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.061368, "annualized_volatility": 0.326569, "from_high_reference": -0.355791, "from_low_reference": 0.138036 }, "levels": { "trend_reference": 127.795386, "fair_value_reference": 116.50698, 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127.089626, 127.496511 ] }, { "date": "2026-07-31", "close": 122.160004, "volume": 5937615, "typical_volume": 9380100.1, "trend": 128.176053, "fair_value": 116.14622, "relative_strength": -12.747109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.590608, "energy": 41.741932, "activity_lines": [ 123.442003, 124.255184, 126.597476, 127.050529 ] }, { "date": "2026-08-07", "close": 127.459999, "volume": 44045117, "typical_volume": 10687800.3, "trend": 127.795386, "fair_value": 116.50698, "relative_strength": -9.313123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.134641, "energy": 27.325032, "activity_lines": [ 124.346668, 124.803337, 126.592373, 127.004332 ] } ], "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." } } }