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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": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.298, "architecture_energy": 67.841, "architecture_maturity": 76.444, "architecture_confidence": 85.839, "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": 9.26, "rotation_up": 60.71, "upward_expansion": 85.33, "deceleration": 68.21, "rotation_down": 25.01, "downward_expansion": 12.0 }, "activity_lines": [ 2282.84668, 2214.267283, 1964.601917, 1750.84216 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 2451.800049, "trend_reference": 1517.88667, "distance_from_trend": 0.615272, "trend_direction": "Improving", "fair_value": 969.156412, "distance_from_fair_value": 1.529829, "fair_value_direction": "Improving", "relative_strength": 79.924826, "relative_strength_direction": "Improving", "price_momentum": 1.05309, "excess_performance": 1.096799, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.615272, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.264895, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.529829, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.622846, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.799248, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.377056, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.05309, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.768641, "read": "Demand-led" } ], "volume": { "latest": 1031491, "relative_activity": 1.136765, "balance": 1.768641, "dry_up": 0.855762, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.097708, "annualized_volatility": 0.633703, "from_high_reference": -0.04969, "from_low_reference": 1.884471 }, "levels": { "trend_reference": 1517.88667, "fair_value_reference": 969.156412, "structural_low": 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2086.212731, 1819.589532, 1633.634415 ] }, { "date": "2026-07-31", "close": 2283.0, "volume": 644728, "typical_volume": 889350.5, "trend": 1476.243335, "fair_value": 955.956411, "relative_strength": 72.118513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.259416, "energy": 63.969652, "activity_lines": [ 2203.166667, 2143.363639, 1887.15477, 1687.903017 ] }, { "date": "2026-08-07", "close": 2451.800049, "volume": 1031491, "typical_volume": 907391.45, "trend": 1517.88667, "fair_value": 969.156412, "relative_strength": 79.924826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.298101, "energy": 67.841417, "activity_lines": [ 2282.84668, 2214.267283, 1964.601917, 1750.84216 ] } ], "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." } } }