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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "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": 72.743, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 78.268, "architecture_energy": 78.752, "architecture_maturity": 7.765, "architecture_confidence": 67.832, "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": 16.01, "rotation_up": 78.82, "upward_expansion": 92.56, "deceleration": 43.6, "rotation_down": 9.84, "downward_expansion": 16.9 }, "activity_lines": [ 9.732, 9.590316, 9.333228, 9.254727 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 9.88, "trend_reference": 9.215888, "distance_from_trend": 0.072062, "trend_direction": "Improving", "fair_value": 8.70313, "distance_from_fair_value": 0.135224, "fair_value_direction": "Improving", "relative_strength": -3.113241, "relative_strength_direction": "Improving", "price_momentum": 0.051399, "excess_performance": -0.074226, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.072062, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.011646, "read": "Rising" }, { "label": "Price vs 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8.671225, "relative_strength": -1.551251, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.733782, "energy": 72.820449, "activity_lines": [ 9.554, 9.326888, 9.15318, 9.150593 ] }, { "date": "2026-07-24", "close": 9.56, "volume": 65068, "typical_volume": 112529.3, "trend": 9.184872, "fair_value": 8.679872, "relative_strength": -2.067981, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.72643, "energy": 69.934365, "activity_lines": [ 9.597333, 9.398488, 9.199649, 9.175352 ] }, { "date": "2026-07-31", "close": 9.735, "volume": 93121, "typical_volume": 108426.0, "trend": 9.199811, "fair_value": 8.69122, "relative_strength": -1.25259, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.791547, "energy": 79.334623, "activity_lines": [ 9.654333, 9.488878, 9.261324, 9.210844 ] }, { "date": "2026-08-07", "close": 9.88, "volume": 75071, "typical_volume": 105223.7, "trend": 9.215888, "fair_value": 8.70313, "relative_strength": -3.113241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.267908, "energy": 78.751782, "activity_lines": [ 9.732, 9.590316, 9.333228, 9.254727 ] } ], "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." } } }