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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 54.909, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": 12.909, "architecture_energy": 31.383, "architecture_maturity": 56.814, "architecture_confidence": 48.358, "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": 45.13, "rotation_up": 50.29, "upward_expansion": 34.21, "deceleration": 43.18, "rotation_down": 16.69, "downward_expansion": 51.54 }, "activity_lines": [ 9806.333333, 9568.911293, 9423.208761, 9702.152369 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 10009.0, "trend_reference": 10056.563346, "distance_from_trend": -0.00473, "trend_direction": "Improving", "fair_value": 9048.708512, "distance_from_fair_value": 0.106125, "fair_value_direction": "Improving", "relative_strength": 3.275248, "relative_strength_direction": "Improving", "price_momentum": -0.066559, "excess_performance": -0.011893, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.00473, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.025181, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.106125, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.130125, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.032752, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.188352, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.066559, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 70.851064, "read": "Demand-led" } ], "volume": { "latest": 123, "relative_activity": 0.134913, "balance": 70.851064, "dry_up": 0.114621, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.033641, "annualized_volatility": 0.352417, "from_high_reference": -0.15831, "from_low_reference": 0.285111 }, "levels": { "trend_reference": 10056.563346, "fair_value_reference": 9048.708512, 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10009.0, "volume": 123, "typical_volume": 911.7, "trend": 10056.563346, "fair_value": 9048.708512, "relative_strength": 3.275248, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 12.909104, "energy": 31.383202, "activity_lines": [ 9806.333333, 9568.911293, 9423.208761, 9702.152369 ] } ], "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." } } }