{ "ticker": { "uuid": "f2e04120-3775-4c9d-9668-5bdebef45250", "symbol": "ELGIEQUIP", "name": "Elgi Equipments 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 40.057, "architecture_energy": 23.185, "architecture_maturity": 44.067, "architecture_confidence": 96, "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": 42.59, "rotation_up": 28.99, "upward_expansion": 54.88, "deceleration": 89.22, "rotation_down": 25.89, "downward_expansion": 18.55 }, "activity_lines": [ 579.148295, 582.986541, 576.428447, 560.068576 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 588.450012, "trend_reference": 534.611213, "distance_from_trend": 0.100706, "trend_direction": "Improving", "fair_value": 552.387905, "distance_from_fair_value": 0.065284, "fair_value_direction": "Improving", "relative_strength": 15.095408, "relative_strength_direction": "Weakening", "price_momentum": 0.212299, "excess_performance": 0.256008, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100706, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.070168, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.065284, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.04519, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.150954, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.003205, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.212299, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.756432, "read": "Demand-led" } ], "volume": { "latest": 1333888, "relative_activity": 0.769051, "balance": 2.756432, "dry_up": 0.685565, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.059846, "annualized_volatility": 0.288519, "from_high_reference": -0.071626, "from_low_reference": 0.441396 }, "levels": { "trend_reference": 534.611213, "fair_value_reference": 552.387905, "structural_low": 455.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.013356, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.015037, "regime_survival": 0.428571, "best_return": 0.197417, "worst_return": -0.178497, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.062781, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.001506, "regime_survival": 0.0, "best_return": 0.293069, "worst_return": -0.037445, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.085111, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.052328, "regime_survival": 0.0, "best_return": 0.633932, "worst_return": 0.053714, "sufficient": false }, { "horizon": "Full cycle", 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579.153145, 585.961499, 571.548792, 553.585291 ] }, { "date": "2026-07-31", "close": 569.0, "volume": 618732, "typical_volume": 1750426.8, "trend": 529.899546, "fair_value": 551.825703, "relative_strength": 12.448754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.85739, "energy": 18.816984, "activity_lines": [ 574.834192, 582.786292, 573.299333, 556.291126 ] }, { "date": "2026-08-07", "close": 588.450012, "volume": 1333888, "typical_volume": 1734460.35, "trend": 534.611213, "fair_value": 552.387905, "relative_strength": 15.095408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.057139, "energy": 23.185399, "activity_lines": [ 579.148295, 582.986541, 576.428447, 560.068576 ] } ], "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." } } }