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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "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": 62.34, "architecture_energy": 52.784, "architecture_maturity": 57.154, "architecture_confidence": 76.014, "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": 12.72, "rotation_up": 57.98, "upward_expansion": 81.38, "deceleration": 66.39, "rotation_down": 21.69, "downward_expansion": 8.05 }, "activity_lines": [ 226.502667, 224.785823, 216.973311, 210.567315 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 222.91, "trend_reference": 202.73795, "distance_from_trend": 0.099498, "trend_direction": "Improving", "fair_value": 156.648411, "distance_from_fair_value": 0.422996, "fair_value_direction": "Improving", "relative_strength": 4.165731, "relative_strength_direction": "Improving", "price_momentum": 0.14157, "excess_performance": 0.015945, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099498, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.076092, "read": "Rising" 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"activity_lines": [ 221.364, 216.091979, 208.141516, 203.144893 ] }, { "date": "2026-07-17", "close": 228.7, "volume": 7077639, "typical_volume": 8743303.95, "trend": 198.145609, "fair_value": 154.266669, "relative_strength": 12.378757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.263872, "energy": 78.529148, "activity_lines": [ 224.124667, 219.253359, 210.696491, 205.218908 ] }, { "date": "2026-07-24", "close": 229.78, "volume": 6818284, "typical_volume": 8711761.6, "trend": 199.683798, "fair_value": 155.05449, "relative_strength": 13.117508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.74425, "energy": 68.384823, "activity_lines": [ 226.601333, 222.089217, 213.214913, 207.259837 ] }, { "date": "2026-07-31", "close": 229.37, "volume": 6617880, "typical_volume": 8584165.25, "trend": 201.33028, "fair_value": 155.873752, "relative_strength": 11.244135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.990064, "energy": 59.491369, "activity_lines": [ 227.711333, 224.271227, 215.507714, 209.175075 ] }, { "date": "2026-08-07", "close": 222.91, "volume": 8206047, "typical_volume": 8516488.65, "trend": 202.73795, "fair_value": 156.648411, "relative_strength": 4.165731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.340018, "energy": 52.783682, "activity_lines": [ 226.502667, 224.785823, 216.973311, 210.567315 ] } ], "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." } } }