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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": "Established expansion", "architecture_gate": "up", "architecture_direction": 60.694, "architecture_energy": 48.534, "architecture_maturity": 64.081, "architecture_confidence": 80.815, "architecture_tenure": "Established", "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": 15.78, "rotation_up": 57.25, "upward_expansion": 80.01, "deceleration": 66.71, "rotation_down": 20.91, "downward_expansion": 6.68 }, "activity_lines": [ 208.080293, 205.573426, 196.740471, 188.491228 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 206.77, "trend_reference": 178.11334, "distance_from_trend": 0.16089, "trend_direction": "Improving", "fair_value": 126.853886, "distance_from_fair_value": 0.629986, "fair_value_direction": "Improving", "relative_strength": 25.543559, "relative_strength_direction": "Weakening", "price_momentum": 0.271531, "excess_performance": 0.145906, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.16089, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.190587, "read": "Rising" 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.288508, "energy": 60.013165, "activity_lines": [ 200.165338, 195.061379, 185.812062, 178.465322 ] }, { "date": "2026-07-17", "close": 221.771423, "volume": 1648385, "typical_volume": 1358991.9, "trend": 170.111886, "fair_value": 124.645643, "relative_strength": 44.083876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.597958, "energy": 75.789324, "activity_lines": [ 207.741202, 200.687472, 190.042463, 182.008131 ] }, { "date": "2026-07-24", "close": 210.182773, "volume": 1573593, "typical_volume": 1348159.55, "trend": 172.967972, "fair_value": 125.412672, "relative_strength": 35.93795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.057892, "energy": 60.068165, "activity_lines": [ 210.132087, 203.496511, 192.902647, 184.593349 ] }, { "date": "2026-07-31", "close": 202.217448, "volume": 1306505, "typical_volume": 1323162.1, "trend": 175.602362, "fair_value": 126.113496, "relative_strength": 28.227448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.326551, "energy": 52.472343, "activity_lines": [ 208.605013, 204.306349, 194.730428, 186.480412 ] }, { "date": "2026-08-07", "close": 206.77, "volume": 2023245, "typical_volume": 1325205.4, "trend": 178.11334, "fair_value": 126.853886, "relative_strength": 25.543559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.693686, "energy": 48.534047, "activity_lines": [ 208.080293, 205.573426, 196.740471, 188.491228 ] } ], "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." } } }