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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 94.452, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 31.812, "architecture_energy": 18.468, "architecture_maturity": 71.633, "architecture_confidence": 74.307, "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": 44.05, "rotation_up": 29.41, "upward_expansion": 57.83, "deceleration": 84.95, "rotation_down": 32.32, "downward_expansion": 19.16 }, "activity_lines": [ 46.248363, 47.025, 46.688264, 45.412448 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 47.400002, "trend_reference": 42.954449, "distance_from_trend": 0.103495, "trend_direction": "Improving", "fair_value": 35.982175, "distance_from_fair_value": 0.317319, "fair_value_direction": "Improving", "relative_strength": -9.644277, "relative_strength_direction": "Improving", "price_momentum": 0.449913, "excess_performance": 0.008541, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.103495, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.12995, "read": "Rising" }, 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"date": "2026-07-31", "close": 42.950001, "volume": 8445141, "typical_volume": 21310144.4, "trend": 41.898016, "fair_value": 35.82827, "relative_strength": -13.64559, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.554808, "energy": 13.804488, "activity_lines": [ 46.121674, 46.995942, 46.319907, 44.730925 ] }, { "date": "2026-08-07", "close": 47.5, "volume": 4830121, "typical_volume": 18202507.6, "trend": 42.438378, "fair_value": 35.904985, "relative_strength": -6.574578, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.02835, "energy": 20.097338, "activity_lines": [ 45.99246, 47.01262, 46.520731, 45.092343 ] }, { "date": "2026-08-14", "close": 47.400002, "volume": 5454347, "typical_volume": 16486322.0, "trend": 42.954449, "fair_value": 35.982175, "relative_strength": -9.644277, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.812384, "energy": 18.467664, "activity_lines": [ 46.248363, 47.025, 46.688264, 45.412448 ] } ], "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." } } }