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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": "2c", "phase_label": "Stage 2C \u00b7 Late 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 49.525, "architecture_energy": 47.442, "architecture_maturity": 95.826, "architecture_confidence": 60.624, "architecture_tenure": "Developing", "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": 21.08, "rotation_up": 40.92, "upward_expansion": 68.08, "deceleration": 68.33, "rotation_down": 27.17, "downward_expansion": 20.42 }, "activity_lines": [ 2001.259554, 2007.642327, 1833.429875, 1694.297032 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 1957.699951, "trend_reference": 1519.737488, "distance_from_trend": 0.288183, "trend_direction": "Improving", "fair_value": 1248.999623, "distance_from_fair_value": 0.567414, "fair_value_direction": "Improving", "relative_strength": 33.450483, "relative_strength_direction": "Improving", "price_momentum": 0.611408, "excess_performance": 0.655117, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.288183, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.159954, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.567414, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.267079, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.334505, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.239987, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.611408, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.409686, "read": "Demand-led" } ], "volume": { "latest": 1808001, "relative_activity": 0.883523, "balance": 1.409686, "dry_up": 1.518508, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.08805, "annualized_volatility": 0.441527, "from_high_reference": -0.129143, "from_low_reference": 0.89516 }, "levels": { "trend_reference": 1519.737488, "fair_value_reference": 1248.999623, 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"close": 1977.199951, "volume": 3818573, "typical_volume": 2073465.45, "trend": 1494.440824, "fair_value": 1239.763214, "relative_strength": 36.576496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.59784, "energy": 62.782679, "activity_lines": [ 2035.434855, 1998.74642, 1803.211425, 1664.409346 ] }, { "date": "2026-08-07", "close": 1957.699951, "volume": 1808001, "typical_volume": 2046353.55, "trend": 1519.737488, "fair_value": 1248.999623, "relative_strength": 33.450483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.525108, "energy": 47.442041, "activity_lines": [ 2001.259554, 2007.642327, 1833.429875, 1694.297032 ] } ], "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." } } }