{ "ticker": { "uuid": "f4f8e4a8-d9b3-4d21-ad34-a2d814f09821", "symbol": "JSL", "name": "Jindal Stainless 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": 65.181, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -14.704, "architecture_energy": 17.313, "architecture_maturity": 65.636, "architecture_confidence": 64.465, "architecture_tenure": "Developing", "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": 51.7, "rotation_up": 42.55, "upward_expansion": 28.28, "deceleration": 37.95, "rotation_down": 16.34, "downward_expansion": 46.28 }, "activity_lines": [ 729.546679, 719.413647, 721.54715, 728.086672 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 734.650024, "trend_reference": 740.602423, "distance_from_trend": -0.008037, "trend_direction": "Weakening", "fair_value": 678.41167, "distance_from_fair_value": 0.082897, "fair_value_direction": "Weakening", "relative_strength": -1.824451, "relative_strength_direction": "Weakening", "price_momentum": -0.064021, "excess_performance": -0.020312, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.008037, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.027776, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.082897, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.083513, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018245, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.067005, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.064021, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.13594, "read": "Demand-led" } ], "volume": { "latest": 2769943, "relative_activity": 1.200133, "balance": 1.13594, "dry_up": 1.012241, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.042281, "annualized_volatility": 0.217651, "from_high_reference": -0.167919, "from_low_reference": 0.093836 }, "levels": { "trend_reference": 740.602423, "fair_value_reference": 678.41167, "structural_low": 674.150024, "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": 15, "median_return": 0.049583, "positive_rate": 0.733333, "directional_follow_through": 0.266667, "median_excess_return": 0.022591, "regime_survival": 0.8, "best_return": 0.214575, "worst_return": -0.177233, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.097231, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.031283, "regime_survival": 0.666667, "best_return": 0.369135, "worst_return": -0.156618, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.115912, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.08033, "regime_survival": 0.333333, "best_return": 0.497456, "worst_return": -0.043778, 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"direction": -30.848358, "energy": 19.492355, "activity_lines": [ 715.623344, 708.48728, 721.543814, 731.518844 ] }, { "date": "2026-07-24", "close": 714.25, "volume": 2011708, "typical_volume": 2500470.95, "trend": 745.833695, "fair_value": 674.087329, "relative_strength": -1.111171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.970441, "energy": 19.125108, "activity_lines": [ 717.453341, 709.255461, 720.193337, 729.31598 ] }, { "date": "2026-07-31", "close": 733.950012, "volume": 1770518, "typical_volume": 2367876.2, "trend": 741.820607, "fair_value": 676.305137, "relative_strength": -1.043363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.533999, "energy": 18.483028, "activity_lines": [ 724.680009, 714.246371, 720.900005, 728.549291 ] }, { "date": "2026-08-07", "close": 734.650024, "volume": 2769943, "typical_volume": 2308029.55, "trend": 740.602423, "fair_value": 678.41167, "relative_strength": -1.824451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.703746, "energy": 17.313319, "activity_lines": [ 729.546679, 719.413647, 721.54715, 728.086672 ] } ], "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." } } }