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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "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": 84.782, "architecture_energy": 68.788, "architecture_maturity": 80.991, "architecture_confidence": 72.26, "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": 13.12, "rotation_up": 55.18, "upward_expansion": 83.0, "deceleration": 71.18, "rotation_down": 28.46, "downward_expansion": 12.0 }, "activity_lines": [ 107.034667, 106.536273, 104.914305, 102.740181 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 109.160004, "trend_reference": 100.205121, "distance_from_trend": 0.089366, "trend_direction": "Improving", "fair_value": 84.752541, "distance_from_fair_value": 0.287985, "fair_value_direction": "Improving", "relative_strength": 3.947593, "relative_strength_direction": "Weakening", "price_momentum": 0.14238, "excess_performance": 0.07774, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089366, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041758, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.287985, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.04192, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.039476, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.048195, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.14238, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.502893, "read": "Demand-led" } ], "volume": { "latest": 48201, "relative_activity": 1.256064, "balance": 1.502893, "dry_up": 1.394423, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.017296, "annualized_volatility": 0.107804, "from_high_reference": -0.002011, "from_low_reference": 0.242591 }, "levels": { "trend_reference": 100.205121, "fair_value_reference": 84.752541, "structural_low": 90.987999, 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"typical_volume": 35775.85, "trend": 99.42294, "fair_value": 84.214982, "relative_strength": 6.657702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.513319, "energy": 64.772423, "activity_lines": [ 106.331332, 105.893636, 103.798747, 101.747316 ] }, { "date": "2026-07-31", "close": 105.445, "volume": 90960, "typical_volume": 38817.6, "trend": 99.792664, "fair_value": 84.470391, "relative_strength": 3.370996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.274112, "energy": 60.237612, "activity_lines": [ 106.077999, 105.888454, 104.204681, 102.135836 ] }, { "date": "2026-08-07", "close": 109.160004, "volume": 48201, "typical_volume": 38374.65, "trend": 100.205121, "fair_value": 84.752541, "relative_strength": 3.947593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.781858, "energy": 68.787755, "activity_lines": [ 107.034667, 106.536273, 104.914305, 102.740181 ] } ], "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." } } }