{"ticker": {"uuid": "100ad4da-872c-4f48-a00a-085016cecb43", "symbol": "THERMAX", "name": "Thermax Limited", "exchange": "NSI", "asset_type": "equity"}, "latest_week": "2026-08-07", "summary": "THERMAX closed the latest completed week at 4,060 INR. The 4-week return is -15.6% and the 12-week return is -9.4%. The trend backdrop is active, with activity pressure at -0.37.", "description": "Thermax Limited provides energy, environmental, and chemical solutions in India and internationally. It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, water & waste recycling, including associated services and engineering, procurement and construction. The Industrial Infra segment provides engineering, procurement, and construction (EPC) of power plants, infra projects, and flue gas desulphurisation projects, along with associated services and manufacturing, installation, sales and services related to boiler and heater plants. The Green solutions segment builds, owns and operates BOO models, energy management solutions, oil and gas-fired, green hydrogen projects and renewable energy (Solar/Wind). The Chemical segment offers manufacturing, installation, sales and services related to ion exchange resins, performance chemicals, construction chemicals, water treatment chemicals, oil field chemicals, paper and construction chemicals, and related services. It also operates cogeneration, waste heat recovery power, captive power, and independent power plants, as well as offers operation and maintenance services. In addition, the company offers steam boilers; waste heat recovery units; fired heaters and process furnaces; thermic fluid, hot air, and hot water heaters; and waste heat recovery. It serves automobiles, cement, chemicals and fertilizers, commercial/construction, dairy, distillery, paper and pulp, pharmaceuticals, plywood, power generation, food, refineries and petrochemicals, soft beverages, metals, sugar, textiles, and tyre industries. Thermax Limited was incorporated in 1966 and is headquartered in Pune, India. Thermax Limited is a subsidiary of RDA Holdings Private Limited.", "setup_signature": "Balanced read", "composite_score": "52", "kpis": [{"label": "Latest Close", "value": "4,060 INR", "hint": "2026-08-07"}, {"label": "1W Return", "value": "-5.7%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "-15.6%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-9.4%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "36.5%", "hint": "19 of 52 weeks active"}, {"label": "Volume Ratio", "value": "1.5x", "hint": "vs 13-week average"}], "classification": {"exchange": "NSI", "country": "IN", "sector": "Industrials", "industry": "Conglomerates", "currency": "INR", "market_cap": "561.3B"}, "price": {"trend_line": "3,909 INR", "fair_value": "3,778 INR", "vs_trend": "3.9%", "vs_fair_value": "7.5%", "high_52": "5,054 INR", "low_52": "2,743 INR", "drawdown": "-19.7%", "range_position": "57.0%", "markers": [{"label": "Close", "value": 4059.899902, "value_label": "4,060", "position": 56.980756592876126, "left": "57.0%", "tone": "positive"}, {"label": "Trend", "value": 3908.748275, "value_label": "3,909", "position": 50.44208791150733, "left": "50.4%", "tone": "positive"}, {"label": "Fair", "value": 3777.62084, "value_label": "3,778", "position": 44.76964581134574, "left": "44.8%", "tone": "neutral"}], "insights": [{"label": "Range location", "value": "57.0%", "detail": "Shows where the latest close sits between the 52-week low and high.", "tone": "neutral"}, {"label": "Trend distance", "value": "3.9%", "detail": "Price premium or discount versus the weekly Trend Line.", "tone": "positive"}, {"label": "Fair-value gap", "value": "7.5%", "detail": "Premium demand or model discount versus Sharemaestro Fair Value.", "tone": "positive"}, {"label": "High-water gap", "value": "-19.7%", "detail": "Distance from the latest 52-week high.", "tone": "neutral"}]}, "momentum": {"returns": [{"label": "1W", "value": -5.715283279145376, "value_label": "-5.7%", "tone": "negative", "width": 16.329380797558215}, {"label": "4W", "value": -15.577045082137655, "value_label": "-15.6%", "tone": "negative", "width": 44.50584309182187}, {"label": "12W", "value": -9.419577402468699, "value_label": "-9.4%", "tone": "negative", "width": 26.91307829276771}, {"label": "26W", "value": 41.331886217877596, "value_label": "41.3%", "tone": "positive", "width": 100}, {"label": "52W", "value": 24.053532642351303, "value_label": "24.1%", "tone": "positive", "width": 68.72437897814659}], "trend_streak": 18, "active_weeks": 19, "active_breadth": "36.5%", "peer": {"scope": "IN Industrials", "count": 476, "rank": 453, "percentile": 4.842105263157892, "avg_weekly_return": 2.4637538124819303}}, "setup": {"scores": [{"label": "Trend", "value": 65.09615384615384, "value_label": "65", "width": 65.09615384615384, "tone": "neutral", "description": "Persistence of the active trend backdrop over the last year and current streak."}, {"label": "Momentum", "value": 5.695176648861567, "value_label": "6", "width": 5.695176648861567, "tone": "negative", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Activity Pressure", "value": 30.788855769014837, "value_label": "31", "width": 30.788855769014837, "tone": "negative", "description": "Latest activity pressure and whether pressure has improved over four weeks."}, {"label": "Relative Leadership", "value": 86.06448621963352, "value_label": "86", "width": 86.06448621963352, "tone": "positive", "description": "Relative leadership and short-term leadership change."}, {"label": "Next-Week Expectancy", "value": 50, "value_label": "50", "width": 50, "tone": "neutral", "description": "Historical one-week follow-through read for the latest completed-week setup state."}, {"label": "Volume", "value": 63.30306372745307, "value_label": "63", "width": 63.30306372745307, "tone": "neutral", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Smart Money", "value": 78.26416666666667, "value_label": "78", "width": 78.26416666666667, "tone": "positive", "description": "Activity pressure and recent smart-money signal balance."}, {"label": "Risk Control", "value": 38.29651405162604, "value_label": "38", "width": 38.29651405162604, "tone": "neutral", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "24 Apr", "return": -3.257350296812754, "return_label": "-3.3%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 27.14458580677295}, {"week": "1 May", "return": 1.3606490453013855, "return_label": "1.4%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 11.338742044178213}, {"week": "8 May", "return": 14.712080715880175, "return_label": "14.7%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 100}, {"week": "15 May", "return": -3.786215795530455, "return_label": "-3.8%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 31.551798296087124}, {"week": "22 May", "return": -1.0176778661475328, "return_label": "-1.0%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 8.480648884562774}, {"week": "29 May", "return": 11.85516523338478, "return_label": "11.9%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 98.79304361153983}, {"week": "5 Jun", "return": -3.022464763280671, "return_label": "-3.0%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 25.18720636067226}, {"week": "12 Jun", "return": -2.1895338262932653, "return_label": "-2.2%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 18.246115219110546}, {"week": "19 Jun", "return": -0.505679918291613, "return_label": "-0.5%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 4.213999319096775}, {"week": "26 Jun", "return": 2.687997144055123, "return_label": "2.7%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 22.39997620045936}, {"week": "3 Jul", "return": -4.193221807743413, "return_label": "-4.2%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 34.94351506452844}, {"week": "10 Jul", "return": 4.373304395008139, "return_label": "4.4%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 36.444203291734496}, {"week": "17 Jul", "return": -3.056768558951965, "return_label": "-3.1%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 25.47307132459971}, {"week": "24 Jul", "return": -3.1746031746031744, "return_label": "-3.2%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 26.455026455026452}, {"week": "31 Jul", "return": -4.60788657509969, "return_label": "-4.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 38.39905479249742}, {"week": "7 Aug", "return": -5.715283279145376, "return_label": "-5.7%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 47.6273606595448}]}, "groups": {"sector": {"scope": "IN Industrials", "count": 100, "avg_weekly_return": 3.0334632070863456, "avg_four_week_return": 0.778068081932989, "avg_twelve_week_return": 6.51873926049197, "trend_breadth": 62.0, "positive_md_breadth": 43.0, "positive_rs_breadth": 60.0, "week_rank": 97, "four_week_rank": 98, "twelve_week_rank": 91, "rank_percentile": 2.020202020202022, "current": {"id": 18323, "symbol": "THERMAX", "name": "Thermax Limited", "exchange": "NSI", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/report/", "weekly_return": -5.715283279145376, "weekly_return_label": "-5.7%", "weekly_return_tone": "negative", "four_week_return": -15.577045082137655, "four_week_return_label": "-15.6%", "four_week_return_tone": "negative", "twelve_week_return": -9.419577402468699, "twelve_week_return_label": "-9.4%", "twelve_week_return_tone": "negative", "trend_active": true, "positive_md": false, "positive_rs": true, "four_week_width": 51.92348360712552}, "breadth_bars": [{"label": "Trend", "value": 62.0, "value_label": "62.0%", "tone": "positive", "description": "active weekly trend signals"}, {"label": "MD", "value": 43.0, "value_label": "43.0%", "tone": "negative", "description": "positive activity pressure"}, {"label": "RS", "value": 60.0, "value_label": "60.0%", "tone": "positive", "description": "positive relative leadership"}], "top_peers": [{"id": 13644, "symbol": "HEG", "name": "HEG Limited", "exchange": "NSI", "url": "/terminal/e6c2078d-1fff-42ac-a65a-09fa7767cb62/report/", "weekly_return": 2.900763358778626, "weekly_return_label": "2.9%", "weekly_return_tone": "positive", "four_week_return": 24.357310487397207, "four_week_return_label": "24.4%", "four_week_return_tone": "positive", "twelve_week_return": 7.909065945913523, "twelve_week_return_label": "7.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 81.1910349579907}, {"id": 16453, "symbol": "RRKABEL", "name": "R R Kabel Limited", "exchange": "NSI", "url": "/terminal/cfc885cf-d499-4350-aab3-0f078010701f/report/", "weekly_return": 6.134615384615385, "weekly_return_label": "6.1%", "weekly_return_tone": "positive", "four_week_return": 23.983468605467923, "four_week_return_label": "24.0%", "four_week_return_tone": "positive", "twelve_week_return": 41.59361390152484, "twelve_week_return_label": "41.6%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 79.94489535155974}, {"id": 13621, "symbol": "HAPPYFORGE", "name": "HAPPY FORGINGS LIMITED", "exchange": "NSI", "url": "/terminal/1d5dba32-4eef-448d-b9dc-e4db452558e8/report/", "weekly_return": 14.157377833446219, "weekly_return_label": "14.2%", "weekly_return_tone": "positive", "four_week_return": 20.773017060873787, "four_week_return_label": "20.8%", "four_week_return_tone": "positive", "twelve_week_return": 37.4729542761798, "twelve_week_return_label": "37.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 69.24339020291262}, {"id": 17990, "symbol": "SWANDEF", "name": "SWAN DEFENCE N HEVY IND L", "exchange": "NSI", "url": "/terminal/1babd208-f0b7-401c-9f1b-fd4e6415f8ae/report/", "weekly_return": 8.942068778817712, "weekly_return_label": "8.9%", "weekly_return_tone": "positive", "four_week_return": 20.685172503358714, "four_week_return_label": "20.7%", "four_week_return_tone": "positive", "twelve_week_return": 40.51305429255264, "twelve_week_return_label": "40.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 68.95057501119571}, {"id": 12957, "symbol": "APARINDS", "name": "APAR Industries Limited", "exchange": "NSI", "url": "/terminal/29b59caa-19ff-40a8-9bd1-3276c2c24b4b/report/", "weekly_return": 15.911625313632562, "weekly_return_label": "15.9%", "weekly_return_tone": "positive", "four_week_return": 18.3027457675345, "four_week_return_label": "18.3%", "four_week_return_tone": "positive", "twelve_week_return": 31.470355731225297, "twelve_week_return_label": "31.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 61.009152558448335}], "laggards": [{"id": 13207, "symbol": "CEMPRO", "name": "Cemindia Projects Limited", "exchange": "NSI", "url": "/terminal/97e5ef34-7dc7-4505-8989-be9a5838876b/report/", "weekly_return": -10.907081415929206, "weekly_return_label": "-10.9%", "weekly_return_tone": "negative", "four_week_return": -22.893800215856388, "four_week_return_label": "-22.9%", "four_week_return_tone": "negative", "twelve_week_return": 34.6441681729433, "twelve_week_return_label": "34.6%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false, "four_week_width": 76.31266738618795}, {"id": 14170, "symbol": "KSB", "name": "KSB Limited", "exchange": "NSI", "url": "/terminal/6290d56e-456e-4aaf-b6f9-0dcc9a53d792/report/", "weekly_return": -8.371307628331136, "weekly_return_label": "-8.4%", "weekly_return_tone": "negative", "four_week_return": -16.59133209252858, "four_week_return_label": "-16.6%", "four_week_return_tone": "negative", "twelve_week_return": -7.854538583608181, "twelve_week_return_label": "-7.9%", "twelve_week_return_tone": "negative", "trend_active": true, "positive_md": false, "positive_rs": false, "four_week_width": 55.3044403084286}, {"id": 18323, "symbol": "THERMAX", "name": "Thermax Limited", "exchange": "NSI", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/report/", "weekly_return": -5.715283279145376, "weekly_return_label": "-5.7%", "weekly_return_tone": "negative", "four_week_return": -15.577045082137655, "four_week_return_label": "-15.6%", "four_week_return_tone": "negative", "twelve_week_return": -9.419577402468699, "twelve_week_return_label": "-9.4%", "twelve_week_return_tone": "negative", "trend_active": true, "positive_md": false, "positive_rs": true, "four_week_width": 51.92348360712552}]}, "industry": {"scope": "IN Conglomerates", "count": 29, "avg_weekly_return": 2.924833357682552, "avg_four_week_return": -0.44212543909303337, "avg_twelve_week_return": 5.062973570296199, "trend_breadth": 48.275862068965516, "positive_md_breadth": 48.275862068965516, "positive_rs_breadth": 44.827586206896555, "week_rank": 29, "four_week_rank": 29, "twelve_week_rank": 26, "rank_percentile": 0.0, "current": {"id": 18323, "symbol": "THERMAX", "name": "Thermax Limited", "exchange": "NSI", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/report/", "weekly_return": -5.715283279145376, "weekly_return_label": "-5.7%", "weekly_return_tone": "negative", "four_week_return": -15.577045082137655, "four_week_return_label": "-15.6%", "four_week_return_tone": "negative", "twelve_week_return": -9.419577402468699, "twelve_week_return_label": "-9.4%", "twelve_week_return_tone": "negative", "trend_active": true, "positive_md": false, "positive_rs": true, "four_week_width": 51.92348360712552}, "breadth_bars": [{"label": "Trend", "value": 48.275862068965516, "value_label": "48.3%", "tone": "negative", "description": "active weekly trend signals"}, {"label": "MD", "value": 48.275862068965516, "value_label": "48.3%", "tone": "negative", "description": "positive activity pressure"}, {"label": "RS", "value": 44.827586206896555, "value_label": "44.8%", "tone": "negative", "description": "positive relative leadership"}], "top_peers": [{"id": 17301, "symbol": "SIGIND", "name": "Signet Industries Limited", "exchange": "NSI", "url": "/terminal/79f3e1a7-f790-44de-b8c9-d72f67a3123b/report/", "weekly_return": 29.59281151609996, "weekly_return_label": "29.6%", "weekly_return_tone": "positive", "four_week_return": 43.22839242643599, "four_week_return_label": "43.2%", "four_week_return_tone": "positive", "twelve_week_return": 37.81256836374403, "twelve_week_return_label": "37.8%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 100}, {"id": 15880, "symbol": "PVP", "name": "PVP Ventures Limited", "exchange": "NSI", "url": "/terminal/fd6b67cc-bc57-4177-8c35-a576c1780d85/report/", "weekly_return": 29.772140455734018, "weekly_return_label": "29.8%", "weekly_return_tone": "positive", "four_week_return": 25.869572463768097, "four_week_return_label": "25.9%", "four_week_return_tone": "positive", "twelve_week_return": 28.428847631380677, "twelve_week_return_label": "28.4%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": false, "positive_rs": true, "four_week_width": 86.23190821256033}, {"id": 13852, "symbol": "JSWHL", "name": "JSW Holdings Limited", "exchange": "NSI", "url": "/terminal/722d8213-75f6-4f77-9b44-e189903894e8/report/", "weekly_return": 6.82242160433508, "weekly_return_label": "6.8%", "weekly_return_tone": "positive", "four_week_return": 6.907894736842106, "four_week_return_label": "6.9%", "four_week_return_tone": "positive", "twelve_week_return": -2.875373556255553, "twelve_week_return_label": "-2.9%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false, "four_week_width": 23.026315789473685}, {"id": 12824, "symbol": "3MINDIA", "name": "3M India Limited", "exchange": "NSI", "url": "/terminal/db56fa6d-d8d5-4f6c-bf83-4c034f05d56b/report/", "weekly_return": 4.102267802975589, "weekly_return_label": "4.1%", "weekly_return_tone": "positive", "four_week_return": 3.3555925070478825, "four_week_return_label": "3.4%", "four_week_return_tone": "positive", "twelve_week_return": 15.330452872459594, "twelve_week_return_label": "15.3%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true, "four_week_width": 11.185308356826274}, {"id": 14210, "symbol": "LANDSMILL", "name": "Landsmill Green Limited", "exchange": "NSI", "url": "/terminal/f10ff2da-fa5f-4f37-8d76-e3027c2af7f6/report/", "weekly_return": -1.234567901234569, "weekly_return_label": "-1.2%", "weekly_return_tone": "negative", "four_week_return": 2.5641025641025665, "four_week_return_label": "2.6%", "four_week_return_tone": "positive", "twelve_week_return": -8.045977011494248, "twelve_week_return_label": "-8.0%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false, "four_week_width": 8.547008547008556}], "laggards": [{"id": 18323, "symbol": "THERMAX", "name": "Thermax Limited", "exchange": "NSI", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/report/", "weekly_return": -5.715283279145376, "weekly_return_label": "-5.7%", "weekly_return_tone": "negative", "four_week_return": -15.577045082137655, "four_week_return_label": "-15.6%", "four_week_return_tone": "negative", "twelve_week_return": -9.419577402468699, "twelve_week_return_label": "-9.4%", "twelve_week_return_tone": "negative", "trend_active": true, "positive_md": false, "positive_rs": true, "four_week_width": 51.92348360712552}, {"id": 14803, "symbol": "MSTCLTD", "name": "MSTC Limited", "exchange": "NSI", "url": "/terminal/d38d65ed-21ee-47f7-a17a-53bf3c8c2c68/report/", "weekly_return": -4.359432461479799, "weekly_return_label": "-4.4%", "weekly_return_tone": "negative", "four_week_return": -11.83926357393227, "four_week_return_label": "-11.8%", "four_week_return_tone": "negative", "twelve_week_return": 40.023682652457076, "twelve_week_return_label": "40.0%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 39.46421191310757}, {"id": 15035, "symbol": "NIBE", "name": "Nibe Limited", "exchange": "NSI", "url": "/terminal/470ce7a6-9dc8-456d-899f-da7433682ad6/report/", "weekly_return": 2.9006526468455403, "weekly_return_label": "2.9%", "weekly_return_tone": "positive", "four_week_return": -11.753731343283583, "four_week_return_label": "-11.8%", "four_week_return_tone": "negative", "twelve_week_return": 40.81571728710072, "twelve_week_return_label": "40.8%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true, "four_week_width": 39.17910447761194}]}}, "dynamics": {"activity_pressure": "-0.37", "activity_pressure_tone": "negative", "activity_pressure_change_4w": null, "activity_pressure_points": "0.00,15.74 1.96,19.94 3.92,23.94 5.88,25.92 7.84,27.74 9.80,29.01 11.76,30.65 13.73,31.30 15.69,31.80 17.65,32.48 19.61,32.88 21.57,33.36 23.53,33.92 25.49,34.18 27.45,35.54 29.41,36.90 31.37,38.72 33.33,40.18 35.29,41.00 37.25,39.00 39.22,34.85 41.18,29.91 43.14,25.69 45.10,24.27 47.06,25.09 49.02,25.94 50.98,24.82 52.94,20.47 54.90,15.57 56.86,12.72 58.82,9.66 60.78,8.98 62.75,9.70 64.71,8.39 66.67,6.43 68.63,5.29 70.59,3.29 72.55,3.05 74.51,3.00 76.47,3.64 78.43,4.68 80.39,3.95 82.35,6.54 84.31,9.17 86.27,11.22 88.24,14.26 90.20,16.44 92.16,17.54 94.12,19.57 96.08,23.43 98.04,25.59 100.00,29.72", "relative_leadership": "13.75", "relative_leadership_tone": null, "relative_leadership_change_4w": null, "relative_leadership_points": "0.00,38.83 1.96,39.16 3.92,38.89 5.88,38.17 7.84,38.28 9.80,38.30 11.76,38.25 13.73,38.36 15.69,38.16 17.65,39.36 19.61,37.39 21.57,37.58 23.53,37.12 25.49,39.63 27.45,41.00 29.41,40.37 31.37,40.92 33.33,39.97 35.29,39.40 37.25,37.22 39.22,37.16 41.18,35.92 43.14,36.35 45.10,35.73 47.06,36.49 49.02,36.98 50.98,36.29 52.94,32.49 54.90,32.13 56.86,29.96 58.82,26.24 60.78,25.98 62.75,25.69 64.71,23.75 66.67,21.51 68.63,14.86 70.59,15.98 72.55,15.73 74.51,7.70 76.47,9.37 78.43,10.72 80.39,3.00 82.35,5.37 84.31,8.28 86.27,10.32 88.24,9.29 90.20,13.23 92.16,10.77 94.12,13.48 96.08,14.37 98.04,19.02 100.00,23.03", "expectancy": "Undecided", "expectancy_probability": "53.56%", "expectancy_score": 50, "expectancy_tone": "neutral", "expectancy_bars": [{"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 60.0178, "value_label": "60.02", "height": 60.0178, "tone": "positive"}, {"value": 58.9676, "value_label": "58.97", "height": 58.9676, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 57.9219, "value_label": "57.92", "height": 57.9219, "tone": "positive"}, {"value": 56.833, "value_label": "56.83", "height": 56.833, "tone": "positive"}, {"value": 55.587, "value_label": "55.59", "height": 55.58700000000001, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 55.3523, "value_label": "55.35", "height": 55.3523, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 55.0865, "value_label": "55.09", "height": 55.08650000000001, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 58.5332, "value_label": "58.53", "height": 58.533199999999994, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 55.6478, "value_label": "55.65", "height": 55.64779999999999, "tone": "positive"}, {"value": 56.9613, "value_label": "56.96", "height": 56.9613, "tone": "positive"}, {"value": 58.9358, "value_label": "58.94", "height": 58.93580000000001, "tone": "positive"}, {"value": 55.7206, "value_label": "55.72", "height": 55.7206, "tone": "positive"}, {"value": 59.4087, "value_label": "59.41", "height": 59.4087, "tone": "positive"}, {"value": 59.2459, "value_label": "59.25", "height": 59.2459, "tone": "positive"}, {"value": 61.4715, "value_label": "61.47", "height": 61.4715, "tone": "positive"}, {"value": 58.0024, "value_label": "58.00", "height": 58.0024, "tone": "positive"}, {"value": 58.119, "value_label": "58.12", "height": 58.119, "tone": "positive"}, {"value": 61.4715, "value_label": "61.47", "height": 61.4715, "tone": "positive"}, {"value": 60.4257, "value_label": "60.43", "height": 60.425700000000006, "tone": "positive"}, {"value": 57.2458, "value_label": "57.25", "height": 57.2458, "tone": "positive"}, {"value": 60.3806, "value_label": "60.38", "height": 60.38060000000001, "tone": "positive"}, {"value": 59.2561, "value_label": "59.26", "height": 59.2561, "tone": "positive"}, {"value": 59.0398, "value_label": "59.04", "height": 59.0398, "tone": "positive"}, {"value": 56.4051, "value_label": "56.41", "height": 56.4051, "tone": "positive"}, {"value": 58.7479, "value_label": "58.75", "height": 58.747899999999994, "tone": "positive"}, {"value": 56.1557, "value_label": "56.16", "height": 56.15570000000001, "tone": "positive"}, {"value": 58.0823, "value_label": "58.08", "height": 58.0823, "tone": "positive"}, {"value": 57.0703, "value_label": "57.07", "height": 57.07030000000001, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}], "insights": [{"label": "Pressure", "value": "-0.37", "detail": "Latest activity-pressure read.", "tone": "negative"}, {"label": "Pressure change", "value": "-156.3%", "detail": "Four-week change in activity pressure.", "tone": "negative"}, {"label": "Leadership", "value": "13.75", "detail": "Latest relative-leadership reading.", "tone": "positive"}, {"label": "RS change", "value": "-64.9%", "detail": "Four-week change in relative leadership.", "tone": "negative"}]}, "indicators": {"available": true, "activity_pressure_latest": "0.90", "activity_pressure_average": "0.93", "activity_pressure_positive_count": 12, "activity_pressure_bars": [{"value": 0.075, "value_label": "0.07", "height": 7.5, "tone": "negative"}, {"value": 0.103, "value_label": "0.10", "height": 10.299999999999999, "tone": "negative"}, {"value": 0.137, "value_label": "0.14", "height": 13.700000000000001, "tone": "negative"}, {"value": 0.171, "value_label": "0.17", "height": 17.1, "tone": "negative"}, {"value": 0.214, "value_label": "0.21", "height": 21.4, "tone": "negative"}, {"value": 0.2625, "value_label": "0.26", "height": 26.25, "tone": "negative"}, {"value": 0.307, "value_label": "0.31", "height": 30.7, "tone": "negative"}, {"value": 0.368, "value_label": "0.37", "height": 36.8, "tone": "negative"}, {"value": 0.432, "value_label": "0.43", "height": 43.2, "tone": "negative"}, {"value": 0.498, "value_label": "0.50", "height": 49.8, "tone": "neutral"}, {"value": 0.571, "value_label": "0.57", "height": 57.099999999999994, "tone": "positive"}, {"value": 0.6385, "value_label": "0.64", "height": 63.849999999999994, "tone": "positive"}, {"value": 0.703, "value_label": "0.70", "height": 70.3, "tone": "positive"}, {"value": 0.765, "value_label": "0.77", "height": 76.5, "tone": "positive"}, {"value": 0.815, "value_label": "0.81", "height": 81.5, "tone": "positive"}, {"value": 0.8575, "value_label": "0.86", "height": 85.75, "tone": "positive"}, {"value": 0.905, "value_label": "0.91", "height": 90.5, "tone": "positive"}, {"value": 0.9395, "value_label": "0.94", "height": 93.95, "tone": "positive"}, {"value": 0.9635, "value_label": "0.96", "height": 96.35000000000001, "tone": "positive"}, {"value": 0.9815, "value_label": "0.98", "height": 98.15, "tone": "positive"}, {"value": 0.9855, "value_label": "0.99", "height": 98.55000000000001, "tone": "positive"}, {"value": 0.9865, "value_label": "0.99", "height": 98.65, "tone": "positive"}, {"value": 0.982, "value_label": "0.98", "height": 98.2, "tone": "positive"}, {"value": 0.968, "value_label": "0.97", "height": 96.8, "tone": "positive"}, {"value": 0.9385, "value_label": "0.94", "height": 93.85, "tone": "positive"}, {"value": 0.8955, "value_label": "0.90", "height": 89.55, "tone": "positive"}], "activity_pressure_points": "0.00,32.59 1.96,32.38 3.92,32.41 5.88,32.41 7.84,32.57 9.80,32.84 11.76,34.04 13.73,35.54 15.69,37.19 17.65,38.54 19.61,39.32 21.57,39.92 23.53,40.22 25.49,40.43 27.45,40.63 29.41,40.80 31.37,40.92 33.33,40.98 35.29,41.00 37.25,40.84 39.22,40.73 41.18,40.57 43.14,40.39 45.10,40.30 47.06,39.92 49.02,39.36 50.98,38.65 52.94,37.56 54.90,36.23 56.86,34.90 58.82,33.22 60.78,31.32 62.75,29.58 64.71,27.19 66.67,24.69 68.63,22.11 70.59,19.25 72.55,16.61 74.51,14.09 76.47,11.66 78.43,9.71 80.39,8.05 82.35,6.19 84.31,4.84 86.27,3.90 88.24,3.20 90.20,3.04 92.16,3.00 94.12,3.18 96.08,3.72 98.04,4.88 100.00,6.56", "expectancy_points": "0.00,41.00 1.96,3.90 3.92,4.55 5.88,41.00 7.84,41.00 9.80,5.19 11.76,5.87 13.73,6.64 15.69,41.00 17.65,6.78 19.61,41.00 21.57,41.00 23.53,41.00 25.49,41.00 27.45,41.00 29.41,41.00 31.37,41.00 33.33,41.00 35.29,41.00 37.25,41.00 39.22,41.00 41.18,41.00 43.14,41.00 45.10,6.95 47.06,41.00 49.02,41.00 50.98,41.00 52.94,41.00 54.90,4.82 56.86,41.00 58.82,6.60 60.78,5.79 62.75,4.57 64.71,6.56 66.67,4.28 68.63,4.38 70.59,3.00 72.55,5.14 74.51,5.07 76.47,3.00 78.43,3.65 80.39,5.61 82.35,3.67 84.31,4.37 86.27,4.50 88.24,6.13 90.20,4.68 92.16,6.29 94.12,5.10 96.08,5.72 98.04,41.00 100.00,41.00", "expectancy_bars": [{"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 60.0178, "value_label": "60.02", "height": 60.0178, "tone": "positive"}, {"value": 58.9676, "value_label": "58.97", "height": 58.9676, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 57.9219, "value_label": "57.92", "height": 57.9219, "tone": "positive"}, {"value": 56.833, "value_label": "56.83", "height": 56.833, "tone": "positive"}, {"value": 55.587, "value_label": "55.59", "height": 55.58700000000001, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 55.3523, "value_label": "55.35", "height": 55.3523, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 55.0865, "value_label": "55.09", "height": 55.08650000000001, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 58.5332, "value_label": "58.53", "height": 58.533199999999994, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 55.6478, "value_label": "55.65", "height": 55.64779999999999, "tone": "positive"}, {"value": 56.9613, "value_label": "56.96", "height": 56.9613, "tone": "positive"}, {"value": 58.9358, "value_label": "58.94", "height": 58.93580000000001, "tone": "positive"}, {"value": 55.7206, "value_label": "55.72", "height": 55.7206, "tone": "positive"}, {"value": 59.4087, "value_label": "59.41", "height": 59.4087, "tone": "positive"}, {"value": 59.2459, "value_label": "59.25", "height": 59.2459, "tone": "positive"}, {"value": 61.4715, "value_label": "61.47", "height": 61.4715, "tone": "positive"}, {"value": 58.0024, "value_label": "58.00", "height": 58.0024, "tone": "positive"}, {"value": 58.119, "value_label": "58.12", "height": 58.119, "tone": "positive"}, {"value": 61.4715, "value_label": "61.47", "height": 61.4715, "tone": "positive"}, {"value": 60.4257, "value_label": "60.43", "height": 60.425700000000006, "tone": "positive"}, {"value": 57.2458, "value_label": "57.25", "height": 57.2458, "tone": "positive"}, {"value": 60.3806, "value_label": "60.38", "height": 60.38060000000001, "tone": "positive"}, {"value": 59.2561, "value_label": "59.26", "height": 59.2561, "tone": "positive"}, {"value": 59.0398, "value_label": "59.04", "height": 59.0398, "tone": "positive"}, {"value": 56.4051, "value_label": "56.41", "height": 56.4051, "tone": "positive"}, {"value": 58.7479, "value_label": "58.75", "height": 58.747899999999994, "tone": "positive"}, {"value": 56.1557, "value_label": "56.16", "height": 56.15570000000001, "tone": "positive"}, {"value": 58.0823, "value_label": "58.08", "height": 58.0823, "tone": "positive"}, {"value": 57.0703, "value_label": "57.07", "height": 57.07030000000001, "tone": "positive"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}, {"value": 0.0, "value_label": "0.00", "height": 4, "tone": "neutral"}], "confirmation": [{"label": "Trend active", "value": "12/12", "detail": "Active trend-backdrop weeks in the latest 12-week window.", "tone": "positive"}, {"label": "Positive pressure", "value": "10/12", "detail": "Weeks with constructive activity pressure in the latest 12-week window.", "tone": "positive"}, {"label": "Positive leadership", "value": "12/12", "detail": "Weeks with positive relative leadership in the latest 12-week window.", "tone": "positive"}, {"label": "Activity pressure", "value": "0.90", "detail": "Current proprietary activity-pressure read.", "tone": "positive"}, {"label": "Buy signals", "value": "0", "detail": "Accumulation signal count in the latest 12 weeks.", "tone": "neutral"}, {"label": "Reversal markers", "value": "0", "detail": "No reversal markers", "tone": "positive"}], "trend_backdrop_weeks": 12, "positive_activity_weeks": 10, "positive_leadership_weeks": 12, "accumulation_signal_count": 0, "window_count": 12, "smart_money": {"support_count": 0, "risk_count": 0, "recent_count": 0, "score": 50, "support_label": "No recent accumulation markers", "risk_label": "No reversal markers"}}, "volume": {"latest": "1.8M", "average_13": "1.2M", "average_52": "942.5K", "ratio_13": "1.5x", "ratio_52": "1.9x", "confirmation": [{"week": "13 Feb", "return": null, "return_label": "-", "return_tone": "neutral", "volume_height": 21.32104494302966, "volume": "942.4K"}, {"week": "20 Feb", "return": 9.183500277130115, "return_label": "9.2%", "return_tone": "positive", "volume_height": 15.714529082667003, "volume": "694.6K"}, {"week": "27 Feb", "return": -1.0787486347932347, "return_label": "-1.1%", "return_tone": "negative", "volume_height": 15.605640315947102, "volume": "689.8K"}, {"week": "6 Mar", "return": 1.4144541762434288, "return_label": "1.4%", "return_tone": "positive", "volume_height": 8.17432700158616, "volume": "361.3K"}, {"week": "13 Mar", "return": 1.8691324783120817, "return_label": "1.9%", "return_tone": "positive", "volume_height": 12.517683395447216, "volume": "553.3K"}, {"week": "20 Mar", "return": 0.19869301459174513, "return_label": "0.2%", "return_tone": "positive", "volume_height": 41.62141323728136, "volume": "1.8M"}, {"week": "27 Mar", "return": -0.9450331823180429, "return_label": "-0.9%", "return_tone": "negative", "volume_height": 9.746279897749082, "volume": "430.8K"}, {"week": "3 Apr", "return": 3.0904955434541455, "return_label": "3.1%", "return_tone": "positive", "volume_height": 19.485569014505757, "volume": "861.3K"}, {"week": "10 Apr", "return": 10.537975366799401, "return_label": "10.5%", "return_tone": "positive", "volume_height": 31.241732383401576, "volume": "1.4M"}, {"week": "17 Apr", "return": 13.681029426297012, "return_label": "13.7%", "return_tone": "positive", "volume_height": 34.81454181991522, "volume": "1.5M"}, {"week": "24 Apr", "return": -3.257350296812754, "return_label": "-3.3%", "return_tone": "negative", "volume_height": 22.46708054805008, "volume": "993.1K"}, {"week": "1 May", "return": 1.3606490453013855, "return_label": "1.4%", "return_tone": "positive", "volume_height": 15.422432081395316, "volume": "681.7K"}, {"week": "8 May", "return": 14.712080715880175, "return_label": "14.7%", "return_tone": "positive", "volume_height": 100, "volume": "4.4M"}, {"week": "15 May", "return": -3.786215795530455, "return_label": "-3.8%", "return_tone": "negative", "volume_height": 42.25680509544226, "volume": "1.9M"}, {"week": "22 May", "return": -1.0176778661475328, "return_label": "-1.0%", "return_tone": "negative", "volume_height": 25.56639465967679, "volume": "1.1M"}, {"week": "29 May", "return": 11.85516523338478, "return_label": "11.9%", "return_tone": "positive", "volume_height": 59.958322275908706, "volume": "2.7M"}, {"week": "5 Jun", "return": -3.022464763280671, "return_label": "-3.0%", "return_tone": "negative", "volume_height": 4.594006434685857, "volume": "203.1K"}, {"week": "12 Jun", "return": -2.1895338262932653, "return_label": "-2.2%", "return_tone": "negative", "volume_height": 5.392086662155464, "volume": "238.3K"}, {"week": "19 Jun", "return": -0.505679918291613, "return_label": "-0.5%", "return_tone": "negative", "volume_height": 4, "volume": "74.2K"}, {"week": "26 Jun", "return": 2.687997144055123, "return_label": "2.7%", "return_tone": "positive", "volume_height": 4, "volume": "0"}, {"week": "3 Jul", "return": -4.193221807743413, "return_label": "-4.2%", "return_tone": "negative", "volume_height": 6.1739908106296975, "volume": "272.9K"}, {"week": "10 Jul", "return": 4.373304395008139, "return_label": "4.4%", "return_tone": "positive", "volume_height": 22.26742474786244, "volume": "984.2K"}, {"week": "17 Jul", "return": -3.056768558951965, "return_label": "-3.1%", "return_tone": "negative", "volume_height": 30.995132018297294, "volume": "1.4M"}, {"week": "24 Jul", "return": -3.1746031746031744, "return_label": "-3.2%", "return_tone": "negative", "volume_height": 18.16200377049696, "volume": "802.8K"}, {"week": "31 Jul", "return": -4.60788657509969, "return_label": "-4.6%", "return_tone": "negative", "volume_height": 96.38411468319659, "volume": "4.3M"}, {"week": "7 Aug", "return": -5.715283279145376, "return_label": "-5.7%", "return_tone": "negative", "volume_height": 41.10463841712429, "volume": "1.8M"}], "insights": [{"label": "Participation", "value": "1.5x", "detail": "Latest volume versus the 13-week average.", "tone": "positive"}, {"label": "Baseline", "value": "1.2M", "detail": "13-week average volume.", "tone": "neutral"}, {"label": "One-year base", "value": "942.5K", "detail": "52-week average volume.", "tone": "neutral"}]}, "risk": {"volatility_13": "4.6%", "volatility_52": "4.5%", "downside_weeks": 30, "upside_weeks": 22, "downside_breadth": "57.7%", "average_gain": "4.2%", "average_loss": "-2.2%", "distribution_scale": "15%", "return_callouts": [{"label": "Weeks higher", "value": "13 of 26", "detail": "13 weeks finished lower.", "tone": "negative"}, {"label": "Best week", "value": "+14.7%", "detail": "Week of 8 May.", "tone": "positive"}, {"label": "Worst week", "value": "-5.7%", "detail": "Week of 7 Aug.", "tone": "negative"}, {"label": "Latest week", "value": "-5.7%", "detail": "Week of 7 Aug.", "tone": "negative"}], "buckets": [{"label": "Strong gains", "count": 6, "share": 23.076923076923077, "share_label": "23.1%", "tone": "positive"}, {"label": "Modest gains", "count": 7, "share": 26.923076923076923, "share_label": "26.9%", "tone": "positive"}, {"label": "Flat weeks", "count": 0, "share": 0.0, "share_label": "0.0%", "tone": "neutral"}, {"label": "Modest losses", "count": 10, "share": 38.46153846153847, "share_label": "38.5%", "tone": "negative"}, {"label": "Sharp losses", "count": 3, "share": 11.538461538461538, "share_label": "11.5%", "tone": "negative"}], "insights": [{"label": "Recent vol", "value": "4.6%", "detail": "13-week weekly-return volatility.", "tone": "neutral"}, {"label": "Base vol", "value": "4.5%", "detail": "52-week weekly-return volatility.", "tone": "neutral"}, {"label": "Up/down split", "value": "22/30", "detail": "Count of positive and negative weeks in the 52-week window.", "tone": "negative"}, {"label": "Average skew", "value": "4.2% / -2.2%", "detail": "Average positive week versus average negative week.", "tone": "neutral"}]}, "signals": [{"label": "Trend backdrop", "value": "Active", "tone": "positive"}, {"label": "Activity pressure", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "3.9%", "tone": "positive"}, {"label": "Volume", "value": "1.5x", "tone": "positive"}], "opportunities": ["The trend backdrop is active with a 18-week active streak.", "Price is above the Trend Line, keeping the weekly tape constructive.", "Price is above Fair Value, showing premium demand versus the model.", "Volume is elevated versus the 13-week average, confirming attention.", "Activity pressure is constructive, supporting the smart-money activity read."], "risks": ["Activity pressure is negative, which weakens the current setup.", "The latest week was a sharp negative move.", "Latest weekly return ranks in the weaker part of its sector group."], "watch_points": ["Trend Line remains the key weekly regime level.", "Activity pressure is the gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-08-07", "close": "4,060 INR", "return": null, "return_tone": null, "trend_line": "3,909 INR", "fair_value": "3,778 INR", "activity_pressure": "-0.37", "relative_leadership": "13.75", "volume": "1.8M", "trend_backdrop": null}, {"week": "2026-07-31", "close": "4,306 INR", "return": null, "return_tone": null, "trend_line": "3,874 INR", "fair_value": "3,768 INR", "activity_pressure": "-0.02", "relative_leadership": "22.07", "volume": "4.3M", "trend_backdrop": null}, {"week": "2026-07-24", "close": "4,514 INR", "return": null, "return_tone": null, "trend_line": "3,832 INR", "fair_value": "3,756 INR", "activity_pressure": "0.16", "relative_leadership": "31.68", "volume": "802.8K", "trend_backdrop": null}, {"week": "2026-07-17", "close": "4,662 INR", "return": null, "return_tone": null, "trend_line": "3,781 INR", "fair_value": "3,743 INR", "activity_pressure": "0.49", "relative_leadership": "33.53", "volume": "1.4M", "trend_backdrop": null}, {"week": "2026-07-10", "close": "4,809 INR", "return": null, "return_tone": null, "trend_line": "3,722 INR", "fair_value": "3,729 INR", "activity_pressure": "0.66", "relative_leadership": "39.14", "volume": "984.2K", "trend_backdrop": null}, {"week": "2026-07-03", "close": "4,608 INR", "return": null, "return_tone": null, "trend_line": "3,657 INR", "fair_value": "3,713 INR", "activity_pressure": "0.76", "relative_leadership": "34.06", "volume": "272.9K", "trend_backdrop": null}, {"week": "2026-06-26", "close": "4,809 INR", "return": null, "return_tone": null, "trend_line": "3,598 INR", "fair_value": "3,698 INR", "activity_pressure": "0.94", "relative_leadership": "42.22", "volume": "0", "trend_backdrop": null}, {"week": "2026-06-19", "close": "4,683 INR", "return": null, "return_tone": null, "trend_line": "3,535 INR", "fair_value": "3,682 INR", "activity_pressure": "1.20", "relative_leadership": "40.08", "volume": "74.2K", "trend_backdrop": null}, {"week": "2026-06-12", "close": "4,707 INR", "return": null, "return_tone": null, "trend_line": "3,476 INR", "fair_value": "3,666 INR", "activity_pressure": "1.37", "relative_leadership": "44.30", "volume": "238.3K", "trend_backdrop": null}, {"week": "2026-06-05", "close": "4,812 INR", "return": null, "return_tone": null, "trend_line": "3,419 INR", "fair_value": "3,651 INR", "activity_pressure": "1.60", "relative_leadership": "50.32", "volume": "203.1K", "trend_backdrop": null}, {"week": "2026-05-29", "close": "4,962 INR", "return": null, "return_tone": null, "trend_line": "3,365 INR", "fair_value": "3,635 INR", "activity_pressure": "1.82", "relative_leadership": "55.24", "volume": "2.7M", "trend_backdrop": null}, {"week": "2026-05-22", "close": "4,436 INR", "return": null, "return_tone": null, "trend_line": "3,307 INR", "fair_value": "3,618 INR", "activity_pressure": "1.75", "relative_leadership": "39.25", "volume": "1.1M", "trend_backdrop": null}, {"week": "2026-05-15", "close": "4,482 INR", "return": null, "return_tone": null, "trend_line": "3,268 INR", "fair_value": "3,604 INR", "activity_pressure": "1.84", "relative_leadership": "42.04", "volume": "1.9M", "trend_backdrop": null}, {"week": "2026-05-08", "close": "4,658 INR", "return": null, "return_tone": null, "trend_line": "3,223 INR", "fair_value": "3,589 INR", "activity_pressure": "1.90", "relative_leadership": "45.50", "volume": "4.4M", "trend_backdrop": null}], "intelligence": {"rating": "Neutral", "rating_tone": "neutral", "overall_score": "55", "primary_driver": {"label": "Indicator analysis", "score": 86.31944444444444, "score_label": "86", "tone": "positive", "summary": "Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 12/12.", "detail": "Activity pressure 0.90; No reversal markers", "metric": "86/100", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.45}, "primary_conflict": {"label": "SVQF", "score": 35.74603174603175, "score_label": "36", "tone": "negative", "summary": "Value and quality alignment from the Sharemaestro SVQF framework.", "detail": "Composite rank 1013.0 of 1576", "metric": "36/100", "url": "/svqf/screener/?exchange=NSI", "available": true, "weight": 0.8}, "options_tone": "neutral", "options": null, "evidence": [{"label": "Weekly tape", "score": 59.07646340973656, "score_label": "59", "tone": "neutral", "summary": "Trend, activity pressure, participation, and risk combine to a 59/100 tape read.", "detail": "", "metric": "59/100", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.6}, {"label": "Indicator analysis", "score": 86.31944444444444, "score_label": "86", "tone": "positive", "summary": "Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 12/12.", "detail": "Activity pressure 0.90; No reversal markers", "metric": "86/100", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.45}, {"label": "Factors", "score": 43.31884057971014, "score_label": "43", "tone": "neutral", "summary": "O'Shaughnessy factor stack blends value, quality, momentum, and confidence.", "detail": "Buyback Yield rank 61", "metric": "43/100", "url": "/factors/ticker/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.2}, {"label": "SVQF", "score": 35.74603174603175, "score_label": "36", "tone": "negative", "summary": "Value and quality alignment from the Sharemaestro SVQF framework.", "detail": "Composite rank 1013.0 of 1576", "metric": "36/100", "url": "/svqf/screener/?exchange=NSI", "available": true, "weight": 0.8}, {"label": "Patient Capital", "score": 48.0, "score_label": "48", "tone": "neutral", "summary": "Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.", "detail": "No recent buy signal", "metric": "Quiet", "url": "/patient-capital/", "available": true, "weight": 1}, {"label": "Sentiment", "score": 40.0, "score_label": "40", "tone": "negative", "summary": "Weighted news tone is negative across 15 relevant articles.", "detail": "Thermax Consolidated June 2026 Net Sales at Rs 2,302.73 crore, up 7.09% Y-o-Y", "metric": "40/100", "url": "/sentiment/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 0.95}, {"label": "Insiders", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No recent insider transaction evidence is stored.", "detail": "", "metric": "50/100", "url": "/insider-activity/", "available": false, "weight": 0}, {"label": "Earnings", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No stored earnings event is currently attached to this ticker.", "detail": "", "metric": "50/100", "url": "/earnings-calendar/", "available": false, "weight": 0}], "positives": [{"label": "Indicator analysis", "score": 86.31944444444444, "score_label": "86", "tone": "positive", "summary": "Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 12/12.", "detail": "Activity pressure 0.90; No reversal markers", "metric": "86/100", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.45}], "negatives": [{"label": "SVQF", "score": 35.74603174603175, "score_label": "36", "tone": "negative", "summary": "Value and quality alignment from the Sharemaestro SVQF framework.", "detail": "Composite rank 1013.0 of 1576", "metric": "36/100", "url": "/svqf/screener/?exchange=NSI", "available": true, "weight": 0.8}, {"label": "Sentiment", "score": 40.0, "score_label": "40", "tone": "negative", "summary": "Weighted news tone is negative across 15 relevant articles.", "detail": "Thermax Consolidated June 2026 Net Sales at Rs 2,302.73 crore, up 7.09% Y-o-Y", "metric": "40/100", "url": "/sentiment/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 0.95}], "conclusion": ["The strongest supporting evidence is indicator analysis: Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 12/12.", "The main constraint is svqf: Value and quality alignment from the Sharemaestro SVQF framework.", "The combined read is balanced, making the next change in trend, sentiment, or options pressure especially important."], "weekly_changes": [{"label": "Price follow-through", "value": "-5.7%", "detail": "Latest completed week; four-week move -15.6%.", "tone": "negative", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/"}, {"label": "Indicator stack", "value": "65/31", "detail": "Trend and activity pressure are weighted against the latest 12-week confirmation window.", "tone": "negative", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/"}, {"label": "Trend backdrop", "value": "Active", "detail": "The trend backdrop defines the current weekly regime.", "tone": "positive", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/"}, {"label": "Patient Capital", "value": "Quiet", "detail": "Activity-pressure buy-signal status for institutional accumulation timing.", "tone": "neutral", "url": "/patient-capital/"}, {"label": "News sentiment", "value": "40/100", "detail": "15 relevant articles in the latest sentiment read.", "tone": "negative", "url": "/sentiment/100ad4da-872c-4f48-a00a-085016cecb43/"}]}, "investor_view": {"stance": "Mixed setup", "stance_tone": "neutral", "setup_score": "52", "bottom_line": "The weekly trend is active. Price is 3.9% above the Trend Line and sits at 57.0% of its 52-week range. The latest completed week returned -5.7%, after a -15.6% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is expensive relative to peers. The latest news-sentiment score is 40/100.", "price_summary": "The weekly trend is active. Price is 3.9% above the Trend Line and sits at 57.0% of its 52-week range. The latest completed week returned -5.7%, after a -15.6% four-week move.", "volume_summary": "Latest weekly volume is 1.5x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.", "momentum_summary": "Performance is -15.6% over four weeks, -9.4% over 12 weeks, and 24.1% over one year. The current trend has remained active for 18 consecutive weeks.", "fundamentals": {"available": true, "summary": "The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is expensive relative to peers.", "week_end": "2026-08-09", "financials_period_end": "2026-03-31", "coverage": "91%", "confidence": "85%", "url": "", "rank_scores": [{"label": "Overall factor strength", "value": "27/100", "width": 27.0, "tone": "neutral", "detail": "Blend of value, momentum, and quality. Underlying universe rank 74; rank 1 is best."}, {"label": "Value", "value": "10/100", "width": 10.0, "tone": "negative", "detail": "Relative valuation strength. Underlying universe rank 91; rank 1 is best."}, {"label": "Quality", "value": "61/100", "width": 61.0, "tone": "neutral", "detail": "Profitability and accounting quality. Underlying universe rank 40; rank 1 is best."}, {"label": "Momentum", "value": "84/100", "width": 84.0, "tone": "positive", "detail": "Medium-term price momentum. Underlying universe rank 17; rank 1 is best."}, {"label": "Growth", "value": "28/100", "width": 28.0, "tone": "neutral", "detail": "Revenue and earnings growth. Underlying universe rank 73; rank 1 is best."}], "groups": [{"title": "Valuation", "summary": "How much investors are paying for earnings, sales, and cash flow.", "metrics": [{"label": "P/E", "value": "63.5x", "detail": "Price divided by trailing earnings.", "tone": "neutral"}, {"label": "Price / sales", "value": "4.3x", "detail": "Market value relative to trailing revenue.", "tone": "neutral"}, {"label": "EV / EBITDA", "value": "35.0x", "detail": "Enterprise value relative to operating cash earnings.", "tone": "neutral"}, {"label": "Free-cash-flow yield", "value": "-0.9%", "detail": "Free cash flow as a share of enterprise value.", "tone": "neutral"}]}, {"title": "Business quality", "summary": "Margins and the return generated on invested capital.", "metrics": [{"label": "Gross margin", "value": "47.7%", "detail": "Gross profit retained from each unit of revenue.", "tone": "neutral"}, {"label": "Operating margin", "value": "12.0%", "detail": "Operating profit retained from revenue.", "tone": "neutral"}, {"label": "Free-cash-flow margin", "value": "-3.9%", "detail": "Free cash flow generated from revenue.", "tone": "neutral"}, {"label": "Return on invested capital", "value": "13.2%", "detail": "Operating return generated on invested capital.", "tone": "neutral"}]}, {"title": "Growth and financial strength", "summary": "Recent business growth and accounting strength.", "metrics": [{"label": "Revenue growth", "value": "3.6%", "detail": "Latest one-year revenue growth.", "tone": "neutral"}, {"label": "EPS growth", "value": "13.6%", "detail": "Latest one-year earnings-per-share growth.", "tone": "neutral"}, {"label": "Free-cash-flow growth", "value": "-332.0%", "detail": "Latest one-year free-cash-flow growth.", "tone": "neutral"}, {"label": "Piotroski F-score", "value": "3/9", "detail": "Nine-point accounting-strength checklist.", "tone": "neutral"}]}, {"title": "Shareholder return and balance sheet", "summary": "Cash returned to owners and financial leverage.", "metrics": [{"label": "Dividend yield", "value": "0.5%", "detail": "Cash dividends relative to market value.", "tone": "neutral"}, {"label": "Buyback yield", "value": "0.0%", "detail": "Net share repurchases relative to market value.", "tone": "neutral"}, {"label": "Shareholder yield", "value": "0.5%", "detail": "Dividend yield plus net buyback yield.", "tone": "neutral"}, {"label": "Net debt / EBITDA", "value": "1.3x", "detail": "Balance-sheet debt relative to operating cash earnings.", "tone": "neutral"}]}]}, "weekly_change": [{"label": "Price follow-through", "value": "-5.7%", "detail": "Latest completed week; four-week move -15.6%.", "tone": "negative", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/"}, {"label": "Indicator stack", "value": "65/31", "detail": "Trend and activity pressure are weighted against the latest 12-week confirmation window.", "tone": "negative", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/"}, {"label": "Trend backdrop", "value": "Active", "detail": "The trend backdrop defines the current weekly regime.", "tone": "positive", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/"}, {"label": "Patient Capital", "value": "Quiet", "detail": "Activity-pressure buy-signal status for institutional accumulation timing.", "tone": "neutral", "url": "/patient-capital/"}, {"label": "News sentiment", "value": "40/100", "detail": "15 relevant articles in the latest sentiment read.", "tone": "negative", "url": "/sentiment/100ad4da-872c-4f48-a00a-085016cecb43/"}], "strengths": ["The trend backdrop is active with a 18-week active streak.", "Price is above the Trend Line, keeping the weekly tape constructive.", "Price is above Fair Value, showing premium demand versus the model.", "Volume is elevated versus the 13-week average, confirming attention."], "risks": ["Activity pressure is negative, which weakens the current setup.", "The latest week was a sharp negative move.", "Latest weekly return ranks in the weaker part of its sector group."], "watch_points": ["Trend Line remains the key weekly regime level.", "Activity pressure is the gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "evidence": {"weekly_tape": {"label": "Weekly tape", "score": 59.07646340973656, "score_label": "59", "tone": "neutral", "summary": "Trend, activity pressure, participation, and risk combine to a 59/100 tape read.", "detail": "", "metric": "59/100", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.6}, "indicator_analysis": {"label": "Indicator analysis", "score": 86.31944444444444, "score_label": "86", "tone": "positive", "summary": "Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 12/12.", "detail": "Activity pressure 0.90; No reversal markers", "metric": "86/100", "url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.45}, "factors": {"label": "Factors", "score": 43.31884057971014, "score_label": "43", "tone": "neutral", "summary": "O'Shaughnessy factor stack blends value, quality, momentum, and confidence.", "detail": "Buyback Yield rank 61", "metric": "43/100", "url": "/factors/ticker/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 1.2}, "svqf": {"label": "SVQF", "score": 35.74603174603175, "score_label": "36", "tone": "negative", "summary": "Value and quality alignment from the Sharemaestro SVQF framework.", "detail": "Composite rank 1013.0 of 1576", "metric": "36/100", "url": "/svqf/screener/?exchange=NSI", "available": true, "weight": 0.8}, "patient_capital": {"label": "Patient Capital", "score": 48.0, "score_label": "48", "tone": "neutral", "summary": "Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.", "detail": "No recent buy signal", "metric": "Quiet", "url": "/patient-capital/", "available": true, "weight": 1}, "sentiment": {"label": "Sentiment", "score": 40.0, "score_label": "40", "tone": "negative", "summary": "Weighted news tone is negative across 15 relevant articles.", "detail": "Thermax Consolidated June 2026 Net Sales at Rs 2,302.73 crore, up 7.09% Y-o-Y", "metric": "40/100", "url": "/sentiment/100ad4da-872c-4f48-a00a-085016cecb43/", "available": true, "weight": 0.95}, "insiders": {"label": "Insiders", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No recent insider transaction evidence is stored.", "detail": "", "metric": "50/100", "url": "/insider-activity/", "available": false, "weight": 0}, "earnings": {"label": "Earnings", "score": 50.0, "score_label": "50", "tone": "neutral", "summary": "No stored earnings event is currently attached to this ticker.", "detail": "", "metric": "50/100", "url": "/earnings-calendar/", "available": false, "weight": 0}}, "section_nav": [{"id": "overview", "label": "Overview"}, {"id": "price-action", "label": "Price"}, {"id": "volume-demand", "label": "Volume"}, {"id": "momentum", "label": "Momentum"}, {"id": "fundamentals", "label": "Fundamentals"}, {"id": "ownership-flow", "label": "Ownership & Flow"}, {"id": "catalysts-risk", "label": "Catalysts & Risk"}, {"id": "peer-context", "label": "Peer Context"}, {"id": "weekly-data", "label": "Weekly Data"}]}, "chart_url": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/", "api_path": "/terminal/100ad4da-872c-4f48-a00a-085016cecb43/report/api/"}