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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 74.823, "architecture_energy": 53.365, "architecture_maturity": 30.056, "architecture_confidence": 84.994, "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": 13.12, "rotation_up": 62.02, "upward_expansion": 80.18, "deceleration": 57.45, "rotation_down": 19.22, "downward_expansion": 6.84 }, "activity_lines": [ 111.102666, 109.308861, 106.07557, 101.791877 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 115.830002, "trend_reference": 95.549411, "distance_from_trend": 0.212252, "trend_direction": "Improving", "fair_value": 95.295338, "distance_from_fair_value": 0.215484, "fair_value_direction": "Improving", "relative_strength": 26.347309, "relative_strength_direction": "Improving", "price_momentum": 0.468247, "excess_performance": 0.511956, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.212252, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.084477, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.215484, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.072947, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.263473, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.035886, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.468247, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.089311, "read": "Demand-led" } ], "volume": { "latest": 540882, "relative_activity": 0.894863, "balance": 1.089311, "dry_up": 0.584016, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.064069, "annualized_volatility": 0.331256, "from_high_reference": -0.043597, "from_low_reference": 0.542754 }, "levels": { "trend_reference": 95.549411, "fair_value_reference": 95.295338, "structural_low": 75.080002, 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} ], "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." } } }