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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "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": 55.148, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 32.908, "architecture_energy": 23.668, "architecture_maturity": 93.894, "architecture_confidence": 42.297, "architecture_tenure": "Extended", "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": 39.49, "rotation_up": 36.3, "upward_expansion": 64.01, "deceleration": 64.18, "rotation_down": 27.3, "downward_expansion": 16.34 }, "activity_lines": [ 95.422906, 95.789886, 94.94207, 93.078915 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 92.0, "trend_reference": 90.978228, "distance_from_trend": 0.011231, "trend_direction": "Improving", "fair_value": 72.356681, "distance_from_fair_value": 0.271479, "fair_value_direction": "Weakening", "relative_strength": -3.476476, "relative_strength_direction": "Weakening", "price_momentum": 0.052591, "excess_performance": -0.06783, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.011231, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.071535, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.271479, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.053016, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034765, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.093545, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.052591, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.618525, "read": "Supply-led" } ], "volume": { "latest": 424700, "relative_activity": 1.185402, "balance": 0.618525, "dry_up": 1.017166, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.045775, "annualized_volatility": 0.226811, "from_high_reference": -0.090804, "from_low_reference": 0.261184 }, "levels": { "trend_reference": 90.978228, "fair_value_reference": 72.356681, "structural_low": 78.643619, 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"2026-07-31", "close": 96.209999, "volume": 281000, "typical_volume": 373375.0, "trend": 90.733199, "fair_value": 72.186645, "relative_strength": 4.149144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.238531, "energy": 43.322603, "activity_lines": [ 97.130283, 96.55179, 94.988634, 92.997186 ] }, { "date": "2026-08-07", "close": 92.0, "volume": 424700, "typical_volume": 358275.0, "trend": 90.978228, "fair_value": 72.356681, "relative_strength": -3.476476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.907873, "energy": 23.667702, "activity_lines": [ 95.422906, 95.789886, 94.94207, 93.078915 ] } ], "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." } } }