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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": "2a", "phase_label": "Stage 2A \u00b7 Early 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": 72.225, "architecture_energy": 51.186, "architecture_maturity": 77.354, "architecture_confidence": 61.104, "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": 19.19, "rotation_up": 46.66, "upward_expansion": 74.88, "deceleration": 71.45, "rotation_down": 28.22, "downward_expansion": 12.88 }, "activity_lines": [ 768.287333, 766.121409, 727.198739, 688.099661 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 799.349976, "trend_reference": 646.299857, "distance_from_trend": 0.23681, "trend_direction": "Weakening", "fair_value": 711.299892, "distance_from_fair_value": 0.123788, "fair_value_direction": "Improving", "relative_strength": 15.203138, "relative_strength_direction": "Improving", "price_momentum": 0.355865, "excess_performance": 0.399574, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.23681, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.00135, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.123788, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.148945, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.152031, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.181773, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.355865, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.730482, "read": "Supply-led" } ], "volume": { "latest": 595131, "relative_activity": 0.098993, "balance": 0.730482, "dry_up": 0.136968, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.065287, "annualized_volatility": 0.40473, "from_high_reference": -0.099831, "from_low_reference": 0.745687 }, "levels": { "trend_reference": 646.299857, "fair_value_reference": 711.299892, 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"direction": 61.301139, "energy": 53.791845, "activity_lines": [ 752.881885, 748.205811, 704.081798, 669.383732 ] }, { "date": "2026-07-31", "close": 771.099976, "volume": 760532, "typical_volume": 6003643.15, "trend": 641.30819, "fair_value": 709.92345, "relative_strength": 12.08481, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.147111, "energy": 47.964197, "activity_lines": [ 756.210238, 755.775882, 714.892054, 677.903417 ] }, { "date": "2026-08-07", "close": 799.349976, "volume": 595131, "typical_volume": 6011875.95, "trend": 646.299857, "fair_value": 711.299892, "relative_strength": 15.203138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.225268, "energy": 51.185649, "activity_lines": [ 768.287333, 766.121409, 727.198739, 688.099661 ] } ], "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." } } }