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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "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": 17.748, "architecture_energy": 23.531, "architecture_maturity": 90.673, "architecture_confidence": 94.428, "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": 43.29, "rotation_up": 21.96, "upward_expansion": 51.3, "deceleration": 88.29, "rotation_down": 46.65, "downward_expansion": 28.63 }, "activity_lines": [ 90.612002, 97.085092, 96.744492, 93.284836 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 92.910004, "trend_reference": 88.831827, "distance_from_trend": 0.045909, "trend_direction": "Improving", "fair_value": 48.241747, "distance_from_fair_value": 0.925925, "fair_value_direction": "Weakening", "relative_strength": 21.390117, "relative_strength_direction": "Weakening", "price_momentum": 0.198057, "excess_performance": 0.190658, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045909, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.183623, "read": 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"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." } } }