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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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 73.736, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 62.623, "architecture_energy": 59.14, "architecture_maturity": 5.749, "architecture_confidence": 86.546, "architecture_tenure": "New", "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": 29.91, "rotation_up": 64.2, "upward_expansion": 85.92, "deceleration": 46.0, "rotation_down": 15.02, "downward_expansion": 14.92 }, "activity_lines": [ 363.294104, 359.727389, 355.410611, 352.352212 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 367.0, "trend_reference": 350.570545, "distance_from_trend": 0.046865, "trend_direction": "Improving", "fair_value": 393.178979, "distance_from_fair_value": -0.066583, "fair_value_direction": "Weakening", "relative_strength": 4.691475, "relative_strength_direction": "Improving", "price_momentum": -0.005217, "excess_performance": 0.038492, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.046865, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005932, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.066583, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.023349, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.046915, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.013873, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.005217, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.306391, "read": "Demand-led" } ], "volume": { "latest": 18313185, "relative_activity": 0.779567, "balance": 1.306391, "dry_up": 0.944739, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.03554, "annualized_volatility": 0.240437, "from_high_reference": -0.052781, "from_low_reference": 0.207038 }, "levels": { "trend_reference": 350.570545, "fair_value_reference": 393.178979, "structural_low": 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"Upper balance after advance", "gate": "mixed", "direction": 24.936062, "energy": 21.513745, "activity_lines": [ 354.54798, 353.116921, 351.42486, 349.799072 ] }, { "date": "2026-07-31", "close": 372.950012, "volume": 27586035, "typical_volume": 24860668.0, "trend": 350.196375, "fair_value": 392.090293, "relative_strength": 7.19212, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.94831, "energy": 50.451797, "activity_lines": [ 360.327171, 357.290338, 353.807335, 351.268107 ] }, { "date": "2026-08-07", "close": 367.0, "volume": 18313185, "typical_volume": 23491469.95, "trend": 350.570545, "fair_value": 393.178979, "relative_strength": 4.691475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.623069, "energy": 59.140439, "activity_lines": [ 363.294104, 359.727389, 355.410611, 352.352212 ] } ], "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." } } }