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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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 79.023, "architecture_energy": 75.537, "architecture_maturity": 22.0, "architecture_confidence": 96, "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": 19.2, "rotation_up": 63.59, "upward_expansion": 86.9, "deceleration": 51.04, "rotation_down": 18.9, "downward_expansion": 15.9 }, "activity_lines": [ 1310.265137, 1258.284721, 1171.21934, 1065.534222 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 1411.199951, "trend_reference": 937.84434, "distance_from_trend": 0.504727, "trend_direction": "Improving", "fair_value": 684.980458, "distance_from_fair_value": 1.060205, "fair_value_direction": "Improving", "relative_strength": 61.560842, "relative_strength_direction": "Improving", "price_momentum": 0.861373, "excess_performance": 0.905082, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.504727, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.142835, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.060205, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.218054, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.615608, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.043662, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.861373, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.646754, "read": "Demand-led" } ], "volume": { "latest": 852150, "relative_activity": 1.039506, "balance": 4.646754, "dry_up": 0.835468, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.094902, "annualized_volatility": 0.653447, "from_high_reference": -0.043254, "from_low_reference": 1.45 }, "levels": { "trend_reference": 937.84434, "fair_value_reference": 684.980458, "structural_low": 576.0, 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816242.3, "trend": 918.841007, "fair_value": 678.869398, "relative_strength": 59.848487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.963716, "energy": 52.372325, "activity_lines": [ 1243.169287, 1221.246189, 1134.369727, 1033.769129 ] }, { "date": "2026-08-07", "close": 1411.199951, "volume": 852150, "typical_volume": 819764.2, "trend": 937.84434, "fair_value": 684.980458, "relative_strength": 61.560842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.023346, "energy": 75.537305, "activity_lines": [ 1310.265137, 1258.284721, 1171.21934, 1065.534222 ] } ], "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." } } }