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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 58.596, "architecture_energy": 54.316, "architecture_maturity": 9.322, "architecture_confidence": 82.381, "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": 27.38, "rotation_up": 65.4, "upward_expansion": 80.58, "deceleration": 51.14, "rotation_down": 14.71, "downward_expansion": 14.25 }, "activity_lines": [ 142.563332, 138.375671, 137.326637, 135.850659 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 145.309998, "trend_reference": 133.125076, "distance_from_trend": 0.09153, "trend_direction": "Improving", "fair_value": 130.456364, "distance_from_fair_value": 0.113859, "fair_value_direction": "Improving", "relative_strength": 9.558771, "relative_strength_direction": "Improving", "price_momentum": 0.203495, "excess_performance": 0.258162, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09153, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035606, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.113859, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.032189, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.095588, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.119544, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.203495, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.871166, "read": "Demand-led" } ], "volume": { "latest": 1374983, "relative_activity": 0.939605, "balance": 2.871166, "dry_up": 0.94788, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.067558, "annualized_volatility": 0.365878, "from_high_reference": -0.080316, "from_low_reference": 0.284792 }, "levels": { "trend_reference": 133.125076, "fair_value_reference": 130.456364, "structural_low": 119.0, 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"Recompressing", "gate": "up", "direction": 1.692301, "energy": 2.604691, "activity_lines": [ 133.037464, 134.158588, 135.155597, 133.167547 ] }, { "date": "2026-07-10", "close": 126.290001, "volume": 1123437, "typical_volume": 1618932.15, "trend": 129.899743, "fair_value": 130.063515, "relative_strength": -5.051955, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.42844, "energy": 10.630659, "activity_lines": [ 130.563872, 132.603456, 134.415395, 132.946787 ] }, { "date": "2026-07-17", "close": 133.839996, "volume": 1228132, "typical_volume": 1561972.95, "trend": 130.526076, "fair_value": 130.121936, "relative_strength": 0.92696, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.070223, "energy": 17.637771, "activity_lines": [ 130.772562, 132.535465, 134.418146, 133.200997 ] }, { "date": "2026-07-24", "close": 141.630005, "volume": 1447287, "typical_volume": 1543953.65, "trend": 131.280409, "fair_value": 130.199773, "relative_strength": 7.509378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.814402, "energy": 14.919111, "activity_lines": [ 133.868001, 133.98519, 135.167993, 133.917379 ] }, { "date": "2026-07-31", "close": 148.259995, "volume": 1497968, "typical_volume": 1533380.35, "trend": 132.323742, "fair_value": 130.323294, "relative_strength": 11.672278, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.028541, "energy": 43.896248, "activity_lines": [ 139.213332, 136.577301, 136.454172, 135.012836 ] }, { "date": "2026-08-07", "close": 145.309998, "volume": 1374983, "typical_volume": 1463362.3, "trend": 133.125076, "fair_value": 130.456364, "relative_strength": 9.558771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.596215, "energy": 54.316405, "activity_lines": [ 142.563332, 138.375671, 137.326637, 135.850659 ] } ], "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." } } }