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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": 60.304, "architecture_energy": 38.758, "architecture_maturity": 72.728, "architecture_confidence": 70.355, "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": 17.21, "rotation_up": 44.34, "upward_expansion": 74.57, "deceleration": 68.49, "rotation_down": 27.27, "downward_expansion": 10.24 }, "activity_lines": [ 281.184953, 280.203665, 269.230337, 255.226431 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 285.600006, "trend_reference": 239.047265, "distance_from_trend": 0.194743, "trend_direction": "Improving", "fair_value": 246.9586, "distance_from_fair_value": 0.156469, "fair_value_direction": "Improving", "relative_strength": 18.465761, "relative_strength_direction": "Improving", "price_momentum": 0.254778, "excess_performance": 0.298487, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.194743, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.066353, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.156469, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.070358, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.184658, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.122792, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.254778, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.229693, "read": "Demand-led" } ], "volume": { "latest": 1939105, "relative_activity": 2.224329, "balance": 2.229693, "dry_up": 0.916493, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.086415, "annualized_volatility": 0.419414, "from_high_reference": -0.098769, "from_low_reference": 0.674091 }, "levels": { "trend_reference": 239.047265, "fair_value_reference": 246.9586, "structural_low": 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277.602477, 267.194484, 250.691075, 239.488377 ] }, { "date": "2026-07-10", "close": 295.731781, "volume": 1429016, "typical_volume": 796369.8, "trend": 230.95639, "fair_value": 243.096183, "relative_strength": 23.970492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.07806, "energy": 84.661213, "activity_lines": [ 285.673745, 273.308446, 256.542626, 243.810492 ] }, { "date": "2026-07-17", "close": 270.346222, "volume": 430200, "typical_volume": 806667.85, "trend": 232.317264, "fair_value": 243.95735, "relative_strength": 12.946094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.914542, "energy": 67.386251, "activity_lines": [ 281.798374, 274.246456, 259.546258, 246.351771 ] }, { "date": "2026-07-24", "close": 263.450012, "volume": 201376, "typical_volume": 804722.75, "trend": 233.460598, "fair_value": 244.793327, "relative_strength": 12.849368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.98293, "energy": 46.894778, "activity_lines": [ 275.603853, 273.687951, 261.569126, 248.360335 ] }, { "date": "2026-07-31", "close": 290.75, "volume": 625205, "typical_volume": 810381.6, "trend": 236.464932, "fair_value": 245.894552, "relative_strength": 21.494295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.90512, "energy": 48.804001, "activity_lines": [ 279.552745, 277.831262, 265.88466, 252.056426 ] }, { "date": "2026-08-07", "close": 285.600006, "volume": 1939105, "typical_volume": 871770.85, "trend": 239.047265, "fair_value": 246.9586, "relative_strength": 18.465761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.304274, "energy": 38.758424, "activity_lines": [ 281.184953, 280.203665, 269.230337, 255.226431 ] } ], "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." } } }