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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": "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": 78.459, "architecture_energy": 61.964, "architecture_maturity": 18.789, "architecture_confidence": 86.665, "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": 20.77, "rotation_up": 65.53, "upward_expansion": 84.11, "deceleration": 50.0, "rotation_down": 15.99, "downward_expansion": 10.78 }, "activity_lines": [ 464.232935, 453.715684, 444.916619, 428.895198 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 492.899994, "trend_reference": 407.403089, "distance_from_trend": 0.209858, "trend_direction": "Improving", "fair_value": 467.011487, "distance_from_fair_value": 0.055434, "fair_value_direction": "Improving", "relative_strength": 21.026816, "relative_strength_direction": "Improving", "price_momentum": 0.392176, "excess_performance": 0.435885, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.209858, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048594, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.055434, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.060537, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.210268, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.052018, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.392176, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.337352, "read": "Demand-led" } ], "volume": { "latest": 840158, "relative_activity": 3.994684, "balance": 1.337352, "dry_up": 1.566052, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.062447, "annualized_volatility": 0.468395, "from_high_reference": -0.074279, "from_low_reference": 0.564762 }, "levels": { "trend_reference": 407.403089, "fair_value_reference": 467.011487, 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"direction": 47.801838, "energy": 26.323793, "activity_lines": [ 436.892299, 438.179058, 433.721312, 418.607317 ] }, { "date": "2026-07-31", "close": 471.25, "volume": 215535, "typical_volume": 189112.45, "trend": 403.604757, "fair_value": 466.608875, "relative_strength": 16.740773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.937428, "energy": 38.637738, "activity_lines": [ 447.822782, 444.335554, 438.603489, 423.134215 ] }, { "date": "2026-08-07", "close": 492.899994, "volume": 840158, "typical_volume": 210319.0, "trend": 407.403089, "fair_value": 467.011487, "relative_strength": 21.026816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.45885, "energy": 61.964402, "activity_lines": [ 464.232935, 453.715684, 444.916619, 428.895198 ] } ], "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." } } }