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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "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": 65.815, "architecture_energy": 57.427, "architecture_maturity": 72.868, "architecture_confidence": 91.486, "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": 8.22, "rotation_up": 50.13, "upward_expansion": 84.16, "deceleration": 63.85, "rotation_down": 29.41, "downward_expansion": 10.83 }, "activity_lines": [ 432.100004, 431.321819, 414.049047, 389.416614 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 434.950012, "trend_reference": 361.769244, "distance_from_trend": 0.202286, "trend_direction": "Improving", "fair_value": 382.247082, "distance_from_fair_value": 0.137877, "fair_value_direction": "Improving", "relative_strength": 25.005546, "relative_strength_direction": "Improving", "price_momentum": 0.275139, "excess_performance": 0.318848, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.202286, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.106192, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.137877, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.114105, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.250055, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.042775, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.275139, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.234823, "read": "Demand-led" } ], "volume": { "latest": 707366, "relative_activity": 1.327197, "balance": 3.234823, "dry_up": 1.199121, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.049431, "annualized_volatility": 0.295858, "from_high_reference": -0.023352, "from_low_reference": 0.692083 }, "levels": { "trend_reference": 361.769244, "fair_value_reference": 382.247082, 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382.311347, "relative_strength": 30.870345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.077767, "energy": 61.237528, "activity_lines": [ 434.369997, 429.767269, 404.069759, 380.0863 ] }, { "date": "2026-07-31", "close": 422.850006, "volume": 344030, "typical_volume": 509653.95, "trend": 358.095452, "fair_value": 382.256452, "relative_strength": 22.912207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.55928, "energy": 55.504421, "activity_lines": [ 430.8, 429.719998, 408.82476, 384.458255 ] }, { "date": "2026-08-07", "close": 434.950012, "volume": 707366, "typical_volume": 532977.5, "trend": 361.769244, "fair_value": 382.247082, "relative_strength": 25.005546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.815421, "energy": 57.427493, "activity_lines": [ 432.100004, 431.321819, 414.049047, 389.416614 ] } ], "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." } } }