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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": 81.336, "architecture_energy": 78.825, "architecture_maturity": 48.0, "architecture_confidence": 86.242, "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": 5.76, "rotation_up": 76.08, "upward_expansion": 92.57, "deceleration": 42.96, "rotation_down": 12.33, "downward_expansion": 16.9 }, "activity_lines": [ 567.543327, 547.150909, 523.829763, 501.795485 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 599.099976, "trend_reference": 472.575, "distance_from_trend": 0.267735, "trend_direction": "Improving", "fair_value": 545.597714, "distance_from_fair_value": 0.098062, "fair_value_direction": "Improving", "relative_strength": 29.588228, "relative_strength_direction": "Improving", "price_momentum": 0.37645, "excess_performance": 0.420159, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.267735, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.085872, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.098062, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.132565, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.295882, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.123322, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.37645, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.778314, "read": "Demand-led" } ], "volume": { "latest": 781953, "relative_activity": 1.212446, "balance": 5.778314, "dry_up": 1.588329, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.069123, "annualized_volatility": 0.369383, "from_high_reference": -0.004487, "from_low_reference": 0.5976 }, "levels": { "trend_reference": 472.575, "fair_value_reference": 545.597714, "structural_low": 375.0, 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461.216668, "fair_value": 544.285725, "relative_strength": 24.651605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.438586, "energy": 59.756356, "activity_lines": [ 534.640008, 523.024551, 505.973099, 486.235486 ] }, { "date": "2026-07-31", "close": 569.5, "volume": 1019710, "typical_volume": 627507.45, "trend": 466.203335, "fair_value": 545.016348, "relative_strength": 24.675488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.700157, "energy": 65.85475, "activity_lines": [ 548.580005, 533.213641, 513.920956, 493.221508 ] }, { "date": "2026-08-07", "close": 599.099976, "volume": 781953, "typical_volume": 644938.65, "trend": 472.575, "fair_value": 545.597714, "relative_strength": 29.588228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.336389, "energy": 78.825228, "activity_lines": [ 567.543327, 547.150909, 523.829763, 501.795485 ] } ], "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." } } }