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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^SET.BK", "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": 48.332, "architecture_energy": 46.628, "architecture_maturity": 100.0, "architecture_confidence": 88.237, "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": 29.0, "rotation_up": 38.25, "upward_expansion": 69.09, "deceleration": 88.33, "rotation_down": 27.89, "downward_expansion": 21.42 }, "activity_lines": [ 6.763333, 6.854545, 6.556615, 6.14815 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 6.45, "trend_reference": 5.543128, "distance_from_trend": 0.163603, "trend_direction": "Improving", "fair_value": 5.992877, "distance_from_fair_value": 0.076278, "fair_value_direction": "Improving", "relative_strength": 13.239976, "relative_strength_direction": "Improving", "price_momentum": 0.582344, "excess_performance": 0.390019, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.163603, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.225055, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.076278, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.147845, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.1324, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.042662, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.582344, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.784118, "read": "Demand-led" } ], "volume": { "latest": 656600, "relative_activity": 0.815379, "balance": 1.784118, "dry_up": 0.499429, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.054711, "annualized_volatility": 0.38403, "from_high_reference": -0.097902, "from_low_reference": 1.013892 }, "levels": { "trend_reference": 5.543128, "fair_value_reference": 5.992877, "structural_low": 3.979178, "invalidation": "A 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"date": "2026-07-17", "close": 6.85, "volume": 636600, "typical_volume": 899700.0, "trend": 5.244968, "fair_value": 6.026815, "relative_strength": 19.155322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.550838, "energy": 66.76008, "activity_lines": [ 6.953333, 6.821589, 6.341069, 5.873831 ] }, { "date": "2026-07-24", "close": 6.9, "volume": 217000, "typical_volume": 847135.0, "trend": 5.348799, "fair_value": 6.016164, "relative_strength": 19.380392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.359325, "energy": 64.301366, "activity_lines": [ 6.926667, 6.884752, 6.438045, 5.980607 ] }, { "date": "2026-07-31", "close": 6.95, "volume": 98500, "typical_volume": 830370.0, "trend": 5.454297, "fair_value": 6.005833, "relative_strength": 21.261337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.264279, "energy": 62.811813, "activity_lines": [ 6.926667, 6.926364, 6.527354, 6.083911 ] }, { "date": "2026-08-07", "close": 6.45, "volume": 656600, "typical_volume": 805270.0, "trend": 5.543128, "fair_value": 5.992877, "relative_strength": 13.239976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.332049, "energy": 46.628473, "activity_lines": [ 6.763333, 6.854545, 6.556615, 6.14815 ] } ], "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." } } }