{ "ticker": { "uuid": "f4069a1f-fdc3-4a1c-93a3-bda75abd3a45", "symbol": "HCLTECH", "name": "HCL Technologies 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 52.367, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "down", "architecture_direction": 24.809, "architecture_energy": 44.095, "architecture_maturity": 17.841, "architecture_confidence": 67.582, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 38.72, "rotation_up": 57.8, "upward_expansion": 40.36, "deceleration": 41.9, "rotation_down": 14.0, "downward_expansion": 46.36 }, "activity_lines": [ 1302.915698, 1234.644081, 1210.067868, 1239.816957 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 1356.599976, "trend_reference": 1308.843852, "distance_from_trend": 0.036487, "trend_direction": "Weakening", "fair_value": 1436.388569, "distance_from_fair_value": -0.055548, "fair_value_direction": "Improving", "relative_strength": -1.331053, "relative_strength_direction": "Improving", "price_momentum": -0.132477, "excess_performance": -0.088768, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.036487, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.091569, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.055548, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.101959, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.013311, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.149355, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.132477, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 6.638753, "read": "Demand-led" } ], "volume": { "latest": 14090262, "relative_activity": 0.833334, "balance": 6.638753, "dry_up": 1.208141, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.047496, "annualized_volatility": 0.338157, "from_high_reference": -0.223318, "from_low_reference": 0.255681 }, "levels": { "trend_reference": 1308.843852, "fair_value_reference": 1436.388569, "structural_low": 1080.370286, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.047792, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.052622, "regime_survival": 0.333333, "best_return": 0.09534, "worst_return": -0.128549, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.003638, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.011022, "regime_survival": 0.0, "best_return": 0.173963, "worst_return": -0.18399, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.019683, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.003974, "regime_survival": 0.25, "best_return": 0.149436, "worst_return": -0.326582, "sufficient": false }, { 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"downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 20.424808, "energy": 34.152906, "activity_lines": [ 1257.490682, 1201.595903, 1197.572963, 1237.299069 ] }, { "date": "2026-08-07", "close": 1356.599976, "volume": 14090262, "typical_volume": 16908307.45, "trend": 1308.843852, "fair_value": 1436.388569, "relative_strength": -1.331053, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 24.808733, "energy": 44.094627, "activity_lines": [ 1302.915698, 1234.644081, 1210.067868, 1239.816957 ] } ], "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." } } }