{ "ticker": { "uuid": "ef39107f-4a0d-44ce-9199-e74fd6f65ff9", "symbol": "NTPC", "name": "NTPC 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": 71.503, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.343, "architecture_energy": 65.94, "architecture_maturity": 7.654, "architecture_confidence": 88.204, "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": 16.56, "rotation_up": 15.86, "upward_expansion": 14.2, "deceleration": 40.47, "rotation_down": 64.38, "downward_expansion": 87.53 }, "activity_lines": [ 344.756669, 348.098182, 361.120237, 366.386894 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 342.5, "trend_reference": 368.545473, "distance_from_trend": -0.070671, "trend_direction": "Improving", "fair_value": 332.131303, "distance_from_fair_value": 0.031219, "fair_value_direction": "Weakening", "relative_strength": -2.194443, "relative_strength_direction": "Weakening", "price_momentum": -0.061772, "excess_performance": -0.018063, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.070671, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.02311, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.031219, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.238136, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.021944, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.229223, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.061772, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.385852, "read": "Supply-led" } ], "volume": { "latest": 48308107, "relative_activity": 1.230974, "balance": 0.385852, "dry_up": 1.206304, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.041965, "annualized_volatility": 0.191098, "from_high_reference": -0.173504, "from_low_reference": 0.093601 }, "levels": { "trend_reference": 368.545473, "fair_value_reference": 332.131303, "structural_low": 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"typical_volume": 42533733.35, "trend": 367.467652, "fair_value": 329.290619, "relative_strength": -1.003429, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.058743, "energy": 67.464267, "activity_lines": [ 348.446665, 355.991815, 369.085711, 370.714708 ] }, { "date": "2026-07-24", "close": 347.200012, "volume": 43238839, "typical_volume": 41832423.7, "trend": 368.318605, "fair_value": 330.274899, "relative_strength": 2.729819, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.471079, "energy": 61.54309, "activity_lines": [ 346.800004, 352.80909, 366.413093, 369.407119 ] }, { "date": "2026-07-31", "close": 347.25, "volume": 51694431, "typical_volume": 40263113.85, "trend": 368.244883, "fair_value": 331.212504, "relative_strength": -0.002744, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.094156, "energy": 68.488567, "activity_lines": [ 346.410004, 350.509091, 363.904284, 368.047854 ] }, { "date": "2026-08-07", "close": 342.5, "volume": 48308107, "typical_volume": 39243813.05, "trend": 368.545473, "fair_value": 332.131303, "relative_strength": -2.194443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.342982, "energy": 65.939855, "activity_lines": [ 344.756669, 348.098182, 361.120237, 366.386894 ] } ], "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." } } }