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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 82.978, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 79.793, "architecture_energy": 70.645, "architecture_maturity": 22.958, "architecture_confidence": 77.327, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 12.01, "rotation_up": 67.47, "upward_expansion": 87.79, "deceleration": 46.4, "rotation_down": 15.22, "downward_expansion": 14.46 }, "activity_lines": [ 769.140006, 762.505806, 752.7717, 745.880288 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 785.799988, "trend_reference": 739.941589, "distance_from_trend": 0.061976, "trend_direction": "Improving", "fair_value": 628.601749, "distance_from_fair_value": 0.250076, "fair_value_direction": "Improving", "relative_strength": -1.09784, "relative_strength_direction": "Improving", "price_momentum": 0.050254, "excess_performance": -0.01124, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.061976, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033802, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.250076, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.047633, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.010978, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0028, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.050254, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.152711, "read": "Demand-led" } ], "volume": { "latest": 121022, "relative_activity": 0.874649, "balance": 1.152711, "dry_up": 0.655558, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.023481, "annualized_volatility": 0.163369, "from_high_reference": -0.007327, "from_low_reference": 0.261316 }, "levels": { "trend_reference": 739.941589, "fair_value_reference": 628.601749, "structural_low": 660.0, 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"typical_volume": 138366.4, "trend": 739.941589, "fair_value": 628.601749, "relative_strength": -1.09784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.793107, "energy": 70.645377, "activity_lines": [ 769.140006, 762.505806, 752.7717, 745.880288 ] } ], "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." } } }