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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": 92.245, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 38.638, "architecture_energy": 22.151, "architecture_maturity": 76.183, "architecture_confidence": 88.774, "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": 45.04, "rotation_up": 30.75, "upward_expansion": 61.94, "deceleration": 88.14, "rotation_down": 25.73, "downward_expansion": 14.27 }, "activity_lines": [ 479.103329, 480.79636, 472.587618, 463.405591 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 473.299988, "trend_reference": 449.675001, "distance_from_trend": 0.052538, "trend_direction": "Improving", "fair_value": 405.567179, "distance_from_fair_value": 0.167008, "fair_value_direction": "Weakening", "relative_strength": 6.596698, "relative_strength_direction": "Weakening", "price_momentum": 0.085301, "excess_performance": 0.129011, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.052538, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046405, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.167008, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.035078, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.065967, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.096433, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.085301, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.845825, "read": "Supply-led" } ], "volume": { "latest": 16068860, "relative_activity": 1.221013, "balance": 0.845825, "dry_up": 1.43485, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.053146, "annualized_volatility": 0.294842, "from_high_reference": -0.096756, "from_low_reference": 0.263987 }, "levels": { "trend_reference": 449.675001, "fair_value_reference": 405.567179, 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"2026-07-10", "close": 520.299988, "volume": 38527235, "typical_volume": 10989415.15, "trend": 440.131669, "fair_value": 403.89859, "relative_strength": 19.961528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.495753, "energy": 84.417536, "activity_lines": [ 492.559998, 475.785454, 465.257381, 454.725915 ] }, { "date": "2026-07-17", "close": 492.149994, "volume": 19951021, "typical_volume": 11525626.35, "trend": 443.005002, "fair_value": 404.450833, "relative_strength": 12.492579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.588588, "energy": 76.842362, "activity_lines": [ 496.999996, 479.91818, 468.885, 458.081936 ] }, { "date": "2026-07-24", "close": 462.549988, "volume": 19147453, "typical_volume": 12230457.95, "trend": 444.848335, "fair_value": 404.839936, "relative_strength": 7.978582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.215307, "energy": 68.824828, "activity_lines": [ 488.129993, 478.431814, 469.413808, 459.342903 ] }, { "date": "2026-07-31", "close": 481.950012, "volume": 20364712, "typical_volume": 12914537.0, "trend": 447.430002, "fair_value": 405.232243, "relative_strength": 9.399772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.215223, "energy": 41.769223, "activity_lines": [ 485.629999, 480.712726, 471.6, 461.736559 ] }, { "date": "2026-08-07", "close": 473.299988, "volume": 16068860, "typical_volume": 13160271.35, "trend": 449.675001, "fair_value": 405.567179, "relative_strength": 6.596698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.638475, "energy": 22.151153, "activity_lines": [ 479.103329, 480.79636, 472.587618, 463.405591 ] } ], "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." } } }