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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "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": 87.181, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 85.824, "architecture_energy": 90.803, "architecture_maturity": 20.573, "architecture_confidence": 69.67, "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": 2.42, "rotation_up": 84.55, "upward_expansion": 99.14, "deceleration": 39.29, "rotation_down": 9.98, "downward_expansion": 21.14 }, "activity_lines": [ 146.678947, 144.642776, 141.565827, 139.686177 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 149.2769, "trend_reference": 137.943674, "distance_from_trend": 0.082158, "trend_direction": "Improving", "fair_value": 115.85781, "distance_from_fair_value": 0.288449, "fair_value_direction": "Improving", "relative_strength": -3.521141, "relative_strength_direction": "Improving", "price_momentum": 0.071084, "excess_performance": -0.11637, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.082158, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024424, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.288449, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.060487, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.035211, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.093087, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.071084, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.009056, "read": "Demand-led" } ], "volume": { "latest": 152998, "relative_activity": 1.142494, "balance": 6.009056, "dry_up": 1.304046, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.021717, "annualized_volatility": 0.12001, "from_high_reference": -0.009772, "from_low_reference": 0.200789 }, "levels": { "trend_reference": 137.943674, "fair_value_reference": 115.85781, "structural_low": 128.2964, 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"stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.824438, "energy": 83.238252, "activity_lines": [ 143.890207, 142.056299, 139.58332, 138.29832 ] }, { "date": "2026-07-31", "close": 146.977, "volume": 379505, "typical_volume": 132310.2, "trend": 137.565209, "fair_value": 115.485946, "relative_strength": -0.272958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.763859, "energy": 87.254616, "activity_lines": [ 145.08516, 143.239182, 140.505154, 138.930584 ] }, { "date": "2026-08-07", "close": 149.2769, "volume": 152998, "typical_volume": 133915.75, "trend": 137.943674, "fair_value": 115.85781, "relative_strength": -3.521141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.823535, "energy": 90.803325, "activity_lines": [ 146.678947, 144.642776, 141.565827, 139.686177 ] } ], "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." } } }