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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 77.269, "architecture_energy": 55.942, "architecture_maturity": 85.904, "architecture_confidence": 59.027, "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": 24.92, "rotation_up": 47.81, "upward_expansion": 75.98, "deceleration": 71.44, "rotation_down": 29.21, "downward_expansion": 13.98 }, "activity_lines": [ 141.814001, 141.527531, 139.201713, 135.809849 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 144.699997, "trend_reference": 131.989443, "distance_from_trend": 0.0963, "trend_direction": "Improving", "fair_value": 108.250726, "distance_from_fair_value": 0.336712, "fair_value_direction": "Improving", "relative_strength": 0.196577, "relative_strength_direction": "Improving", "price_momentum": 0.145319, "excess_performance": 0.024898, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.0963, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039936, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.336712, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.030228, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.001966, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.017169, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.145319, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.579767, "read": "Demand-led" } ], "volume": { "latest": 125900, "relative_activity": 0.928569, "balance": 2.579767, "dry_up": 1.228565, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.023862, "annualized_volatility": 0.133664, "from_high_reference": -0.010463, "from_low_reference": 0.24656 }, "levels": { "trend_reference": 131.989443, "fair_value_reference": 108.250726, "structural_low": 117.550003, 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107.435075, "relative_strength": -0.696458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.589136, "energy": 59.386103, "activity_lines": [ 140.924669, 140.698859, 137.565778, 134.348661 ] }, { "date": "2026-07-31", "close": 140.380005, "volume": 182100, "typical_volume": 136235.0, "trend": 131.470242, "fair_value": 107.829585, "relative_strength": 0.290583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.330745, "energy": 46.89671, "activity_lines": [ 140.673337, 140.748327, 138.223456, 134.956316 ] }, { "date": "2026-08-07", "close": 144.699997, "volume": 125900, "typical_volume": 135585.0, "trend": 131.989443, "fair_value": 108.250726, "relative_strength": 0.196577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.268526, "energy": 55.941952, "activity_lines": [ 141.814001, 141.527531, 139.201713, 135.809849 ] } ], "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." } } }