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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^SSMI", "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": 83.989, "architecture_energy": 71.678, "architecture_maturity": 35.94, "architecture_confidence": 81.067, "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": 3.85, "rotation_up": 68.43, "upward_expansion": 87.67, "deceleration": 55.57, "rotation_down": 22.89, "downward_expansion": 12.0 }, "activity_lines": [ 245.06667, 243.207275, 236.746906, 232.320216 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 248.600006, "trend_reference": 228.156668, "distance_from_trend": 0.089602, "trend_direction": "Improving", "fair_value": 203.64164, "distance_from_fair_value": 0.220772, "fair_value_direction": "Improving", "relative_strength": 0.903471, "relative_strength_direction": "Improving", "price_momentum": 0.121588, "excess_performance": 0.01872, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089602, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035703, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.220772, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.098522, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.009035, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.006754, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.121588, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.634144, "read": "Demand-led" } ], "volume": { "latest": 6316, "relative_activity": 0.976462, "balance": 2.634144, "dry_up": 1.030882, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.018798, "annualized_volatility": 0.153152, "from_high_reference": -0.003208, "from_low_reference": 0.239647 }, "levels": { "trend_reference": 228.156668, "fair_value_reference": 203.64164, "structural_low": 201.300003, 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"relative_strength": 0.593784, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.877579, "energy": 90.770632, "activity_lines": [ 241.639999, 236.732727, 230.048095, 227.564839 ] }, { "date": "2026-07-17", "close": 244.100006, "volume": 4917, "typical_volume": 6112.15, "trend": 225.961667, "fair_value": 202.362288, "relative_strength": 0.331424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.539947, "energy": 90.454881, "activity_lines": [ 243.146668, 238.781819, 231.779286, 228.791183 ] }, { "date": "2026-07-24", "close": 242.350006, "volume": 11942, "typical_volume": 6458.15, "trend": 226.655001, "fair_value": 202.778172, "relative_strength": -0.225114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.049255, "energy": 87.385845, "activity_lines": [ 243.323337, 240.129093, 233.275477, 229.848495 ] }, { "date": "2026-07-31", "close": 243.699997, "volume": 3497, "typical_volume": 6395.5, "trend": 227.333334, "fair_value": 203.182999, "relative_strength": 0.245173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.496913, "energy": 75.12805, "activity_lines": [ 243.473335, 241.368183, 234.84381, 230.948173 ] }, { "date": "2026-08-07", "close": 248.600006, "volume": 6316, "typical_volume": 6468.25, "trend": 228.156668, "fair_value": 203.64164, "relative_strength": 0.903471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.989087, "energy": 71.678032, "activity_lines": [ 245.06667, 243.207275, 236.746906, 232.320216 ] } ], "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." } } }