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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "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": "Early expansion", "architecture_gate": "up", "architecture_direction": 85.639, "architecture_energy": 89.244, "architecture_maturity": 26.0, "architecture_confidence": 83.357, "architecture_tenure": "New", "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": 7.3, "rotation_up": 84.1, "upward_expansion": 98.57, "deceleration": 39.36, "rotation_down": 9.97, "downward_expansion": 20.57 }, "activity_lines": [ 365.4, 343.290909, 307.2, 290.477419 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 394.5, "trend_reference": 280.05, "distance_from_trend": 0.408677, "trend_direction": "Improving", "fair_value": 334.903846, "distance_from_fair_value": 0.17795, "fair_value_direction": "Improving", "relative_strength": 32.528355, "relative_strength_direction": "Improving", "price_momentum": 0.365052, "excess_performance": 0.313817, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.408677, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.081344, "read": "Rising" }, { "label": "Price vs 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reclamation", "gate": "mixed", "direction": 58.010998, "energy": 69.069187, "activity_lines": [ 316.1, 295.272727, 270.12381, 267.875269 ] }, { "date": "2026-07-17", "close": 345.5, "volume": 2265231, "typical_volume": 1885969.0, "trend": 271.85, "fair_value": 336.057693, "relative_strength": 18.763366, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.860286, "energy": 80.451703, "activity_lines": [ 329.966667, 307.754545, 278.461905, 272.776344 ] }, { "date": "2026-07-24", "close": 347.5, "volume": 1261371, "typical_volume": 1897335.5, "trend": 274.466667, "fair_value": 335.628205, "relative_strength": 18.516367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.735086, "energy": 82.947069, "activity_lines": [ 340.366667, 318.272727, 286.704762, 277.656989 ] }, { "date": "2026-07-31", "close": 355.5, "volume": 1556767, "typical_volume": 1881633.65, "trend": 276.816667, "fair_value": 335.092949, "relative_strength": 19.855807, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.330822, "energy": 84.970856, "activity_lines": [ 348.533333, 328.254545, 295.388095, 282.884946 ] }, { "date": "2026-08-07", "close": 394.5, "volume": 1618309, "typical_volume": 1735048.95, "trend": 280.05, "fair_value": 334.903846, "relative_strength": 32.528355, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.639147, "energy": 89.244165, "activity_lines": [ 365.4, 343.290909, 307.2, 290.477419 ] } ], "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." } } }