{ "ticker": { "uuid": "ef952048-ec01-4096-8442-bac986389ef1", "symbol": "TEJASNET", "name": "Tejas Networks 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 81.326, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 23.918, "architecture_energy": 28.302, "architecture_maturity": 67.75, "architecture_confidence": 91.433, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 49.33, "rotation_up": 17.8, "upward_expansion": 53.39, "deceleration": 93.97, "rotation_down": 40.7, "downward_expansion": 21.72 }, "activity_lines": [ 516.526674, 545.54273, 532.875954, 505.416023 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 513.450012, "trend_reference": 462.830001, "distance_from_trend": 0.109371, "trend_direction": "Improving", "fair_value": 801.667734, "distance_from_fair_value": -0.359523, "fair_value_direction": "Improving", "relative_strength": 4.619138, "relative_strength_direction": "Improving", "price_momentum": 0.524722, "excess_performance": 0.568431, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.109371, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06656, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.359523, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.012089, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.046191, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.036531, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.524722, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.022532, "read": "Demand-led" } ], "volume": { "latest": 5563781, "relative_activity": 0.3001, "balance": 2.022532, "dry_up": 0.48379, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.097118, "annualized_volatility": 0.649185, "from_high_reference": -0.206414, "from_low_reference": 0.746429 }, "levels": { "trend_reference": 462.830001, "fair_value_reference": 801.667734, "structural_low": 312.450012, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.025515, "positive_rate": 0.357143, "directional_follow_through": 0.357143, "median_excess_return": -0.038804, "regime_survival": 0.714286, "best_return": 0.151166, "worst_return": -0.172192, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.054559, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": 0.001198, "regime_survival": 0.333333, "best_return": 0.118147, "worst_return": -0.355181, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.037738, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.029205, "regime_survival": 0.0, "best_return": 0.327227, "worst_return": -0.278997, "sufficient": false }, { 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"2026-07-31", "close": 513.0, "volume": 12352105, "typical_volume": 20788382.7, "trend": 459.62, "fair_value": 803.580758, "relative_strength": 5.131815, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.710533, "energy": 27.371073, "activity_lines": [ 525.746671, 555.026364, 531.805715, 501.943119 ] }, { "date": "2026-08-07", "close": 513.450012, "volume": 5563781, "typical_volume": 18539786.35, "trend": 462.830001, "fair_value": 801.667734, "relative_strength": 4.619138, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.917651, "energy": 28.301975, "activity_lines": [ 516.526674, 545.54273, 532.875954, 505.416023 ] } ], "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." } } }