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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "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": 49.529, "architecture_energy": 33.604, "architecture_maturity": 96.099, "architecture_confidence": 80.204, "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": 22.85, "rotation_up": 41.3, "upward_expansion": 68.48, "deceleration": 82.6, "rotation_down": 26.75, "downward_expansion": 16.14 }, "activity_lines": [ 845.8, 851.435893, 821.421148, 778.651415 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 862.0, "trend_reference": 724.71489, "distance_from_trend": 0.189433, "trend_direction": "Improving", "fair_value": 532.426033, "distance_from_fair_value": 0.619004, "fair_value_direction": "Improving", "relative_strength": 25.789766, "relative_strength_direction": "Weakening", "price_momentum": 0.390323, "excess_performance": 0.339087, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.189433, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.165306, "read": "Rising" }, { 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71.457275, "energy": 64.031209, "activity_lines": [ 867.23516, 842.704744, 783.63918, 740.272462 ] }, { "date": "2026-07-17", "close": 875.0, "volume": 4077226, "typical_volume": 1597064.55, "trend": 694.548223, "fair_value": 525.477836, "relative_strength": 34.384766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.32744, "energy": 61.052166, "activity_lines": [ 875.14554, 852.27844, 797.284672, 752.680104 ] }, { "date": "2026-07-24", "close": 885.0, "volume": 2522604, "typical_volume": 1663328.25, "trend": 706.481557, "fair_value": 528.054651, "relative_strength": 32.944402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.518163, "energy": 62.117093, "activity_lines": [ 883.26202, 861.415773, 810.734926, 764.967315 ] }, { "date": "2026-07-31", "close": 771.0, "volume": 3325039, "typical_volume": 1768559.8, "trend": 714.41489, "fair_value": 529.916689, "relative_strength": 13.729308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.882614, "energy": 42.05645, "activity_lines": [ 848.876833, 847.934924, 812.104228, 769.129795 ] }, { "date": "2026-08-07", "close": 862.0, "volume": 3160585, "typical_volume": 1875994.55, "trend": 724.71489, "fair_value": 532.426033, "relative_strength": 25.789766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.529244, "energy": 33.60429, "activity_lines": [ 845.8, 851.435893, 821.421148, 778.651415 ] } ], "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." } } }