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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "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": 83.275, "architecture_energy": 57.793, "architecture_maturity": 51.565, "architecture_confidence": 68.988, "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": 17.83, "rotation_up": 55.59, "upward_expansion": 76.76, "deceleration": 71.95, "rotation_down": 21.86, "downward_expansion": 8.09 }, "activity_lines": [ 361.525333, 356.746727, 338.595602, 328.628467 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 392.23, "trend_reference": 318.626406, "distance_from_trend": 0.231003, "trend_direction": "Improving", "fair_value": 235.166047, "distance_from_fair_value": 0.667885, "fair_value_direction": "Improving", "relative_strength": 16.618253, "relative_strength_direction": "Improving", "price_momentum": 0.233183, "excess_performance": 0.107558, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.231003, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.083799, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.667885, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.329699, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.166183, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.214998, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.233183, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.648505, "read": "Demand-led" } ], "volume": { "latest": 1309350, "relative_activity": 0.82584, "balance": 3.648505, "dry_up": 0.654745, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.056518, "annualized_volatility": 0.265845, "from_high_reference": -0.005855, "from_low_reference": 0.516949 }, "levels": { "trend_reference": 318.626406, "fair_value_reference": 235.166047, "structural_low": 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347.548494, 331.583038, 323.652253 ] }, { "date": "2026-08-07", "close": 392.23, "volume": 1309350, "typical_volume": 1585477.35, "trend": 318.626406, "fair_value": 235.166047, "relative_strength": 16.618253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.274585, "energy": 57.793082, "activity_lines": [ 361.525333, 356.746727, 338.595602, 328.628467 ] } ], "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." } } }