{ "ticker": { "uuid": "f0fffc01-64a6-41f8-932e-1d96c9ca2f0b", "symbol": "IRCON", "name": "Ircon International 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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.387, "architecture_energy": 67.827, "architecture_maturity": 83.242, "architecture_confidence": 93.254, "architecture_tenure": "Extended", "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": 10.58, "rotation_up": 13.98, "upward_expansion": 15.09, "deceleration": 38.27, "rotation_down": 68.81, "downward_expansion": 90.75 }, "activity_lines": [ 128.562666, 130.447455, 134.947428, 136.659675 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 131.25, "trend_reference": 140.45279, "distance_from_trend": -0.065522, "trend_direction": "Weakening", "fair_value": 182.176075, "distance_from_fair_value": -0.279543, "fair_value_direction": "Weakening", "relative_strength": -12.454362, "relative_strength_direction": "Weakening", "price_momentum": -0.136396, "excess_performance": -0.092687, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.065522, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.066312, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.279543, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.169749, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.124544, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.118318, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.136396, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.191705, "read": "Supply-led" } ], "volume": { "latest": 9005332, "relative_activity": 0.713579, "balance": 0.191705, "dry_up": 0.46062, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.048041, "annualized_volatility": 0.351944, "from_high_reference": -0.301916, "from_low_reference": 0.146288 }, "levels": { "trend_reference": 140.45279, "fair_value_reference": 182.176075, 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-75.495493, "energy": 74.030834, "activity_lines": [ 129.612668, 132.204001, 136.491667, 138.432204 ] }, { "date": "2026-07-31", "close": 125.989998, "volume": 4191757, "typical_volume": 13051855.55, "trend": 141.493341, "fair_value": 181.966526, "relative_strength": -15.670573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.87858, "energy": 76.163659, "activity_lines": [ 127.938666, 130.712001, 135.459, 137.320536 ] }, { "date": "2026-08-07", "close": 131.25, "volume": 9005332, "typical_volume": 12619952.25, "trend": 140.45279, "fair_value": 182.176075, "relative_strength": -12.454362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.387364, "energy": 67.82749, "activity_lines": [ 128.562666, 130.447455, 134.947428, 136.659675 ] } ], "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." } } }