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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 64.009, "architecture_energy": 76.959, "architecture_maturity": 26.351, "architecture_confidence": 80.64, "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": 15.68, "rotation_up": 72.23, "upward_expansion": 91.61, "deceleration": 44.95, "rotation_down": 10.57, "downward_expansion": 18.27 }, "activity_lines": [ 175.809468, 169.170774, 161.115753, 153.343148 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 175.639999, "trend_reference": 145.833518, "distance_from_trend": 0.204387, "trend_direction": "Weakening", "fair_value": 217.950944, "distance_from_fair_value": -0.194131, "fair_value_direction": "Improving", "relative_strength": 7.15395, "relative_strength_direction": "Improving", "price_momentum": 0.227994, "excess_performance": 0.271703, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.204387, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.023406, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.194131, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.076586, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.071539, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.09206, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.227994, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.567973, "read": "Supply-led" } ], "volume": { "latest": 6917481, "relative_activity": 1.301217, "balance": 0.567973, "dry_up": 2.745741, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.07852, "annualized_volatility": 0.441088, "from_high_reference": -0.271203, "from_low_reference": 0.632342 }, "levels": { "trend_reference": 145.833518, "fair_value_reference": 217.950944, 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"volume": 6917481, "typical_volume": 5316161.5, "trend": 145.833518, "fair_value": 217.950944, "relative_strength": 7.15395, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.009355, "energy": 76.959365, "activity_lines": [ 175.809468, 169.170774, 161.115753, 153.343148 ] } ], "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." } } }