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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-28", "benchmark": "^GDAXI", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 73.014, "architecture_energy": 78.144, "architecture_maturity": 21.106, "architecture_confidence": 76.708, "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": 15.31, "rotation_up": 77.68, "upward_expansion": 92.99, "deceleration": 44.47, "rotation_down": 10.35, "downward_expansion": 17.33 }, "activity_lines": [ 56.650667, 55.439657, 53.079646, 52.205214 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 57.26, "trend_reference": 51.408252, "distance_from_trend": 0.113829, "trend_direction": "Improving", "fair_value": 44.198148, "distance_from_fair_value": 0.295529, "fair_value_direction": "Improving", "relative_strength": 12.188458, "relative_strength_direction": "Improving", "price_momentum": 0.100036, "excess_performance": 0.049185, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.113829, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06207, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.295529, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.190718, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.121885, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.051606, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.100036, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.567526, "read": "Supply-led" } ], "volume": { "latest": 2349, "relative_activity": 0.418456, "balance": 0.567526, "dry_up": 2.14955, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.039909, "annualized_volatility": 0.245124, "from_high_reference": -0.064226, "from_low_reference": 0.612151 }, "levels": { "trend_reference": 51.408252, "fair_value_reference": 44.198148, "structural_low": 46.897283, 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"up", "direction": 86.804882, "energy": 87.312498, "activity_lines": [ 54.129334, 52.155719, 50.97995, 50.682068 ] }, { "date": "2026-08-07", "close": 55.830002, "volume": 35481, "typical_volume": 5632.75, "trend": 50.38879, "fair_value": 44.065147, "relative_strength": 12.211371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.949684, "energy": 85.277232, "activity_lines": [ 55.064001, 53.057383, 51.488603, 51.051458 ] }, { "date": "2026-08-14", "close": 55.040001, "volume": 4962, "typical_volume": 5585.05, "trend": 50.633282, "fair_value": 44.100314, "relative_strength": 9.605767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.321776, "energy": 80.492484, "activity_lines": [ 55.351334, 53.683047, 51.889822, 51.351536 ] }, { "date": "2026-08-21", "close": 57.630001, "volume": 5474, "typical_volume": 5680.05, "trend": 51.02471, "fair_value": 44.150417, "relative_strength": 15.413761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.201046, "energy": 84.601813, "activity_lines": [ 56.179334, 54.676447, 52.51652, 51.802937 ] }, { "date": "2026-08-28", "close": 57.26, "volume": 2349, "typical_volume": 5613.5, "trend": 51.408252, "fair_value": 44.198148, "relative_strength": 12.188458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.014127, "energy": 78.144195, "activity_lines": [ 56.650667, 55.439657, 53.079646, 52.205214 ] } ], "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." } } }