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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": 54.984, "architecture_energy": 37.924, "architecture_maturity": 39.373, "architecture_confidence": 72.507, "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": 32.94, "rotation_up": 44.18, "upward_expansion": 76.25, "deceleration": 67.01, "rotation_down": 24.96, "downward_expansion": 5.25 }, "activity_lines": [ 64.605999, 64.29709, 62.277952, 59.663333 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 64.639999, "trend_reference": 57.344999, "distance_from_trend": 0.127212, "trend_direction": "Improving", "fair_value": 67.086756, "distance_from_fair_value": -0.036472, "fair_value_direction": "Improving", "relative_strength": 6.621113, "relative_strength_direction": "Improving", "price_momentum": 0.109509, "excess_performance": 0.153218, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.127212, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005406, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.036472, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.120151, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.066211, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.112582, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.109509, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.630008, "read": "Demand-led" } ], "volume": { "latest": 1591724, "relative_activity": 0.551937, "balance": 3.630008, "dry_up": 0.778884, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.079505, "annualized_volatility": 0.509763, "from_high_reference": -0.16701, "from_low_reference": 0.651929 }, "levels": { "trend_reference": 57.344999, "fair_value_reference": 67.086756, "structural_low": 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"upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.713226, "energy": 41.454309, "activity_lines": [ 63.963999, 63.930726, 60.904047, 58.676817 ] }, { "date": "2026-07-31", "close": 64.889999, "volume": 1397919, "typical_volume": 2881606.9, "trend": 57.152999, "fair_value": 67.065001, "relative_strength": 7.845038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.761138, "energy": 37.064353, "activity_lines": [ 64.371999, 64.154363, 61.648047, 59.180301 ] }, { "date": "2026-08-07", "close": 64.639999, "volume": 1591724, "typical_volume": 2883885.1, "trend": 57.344999, "fair_value": 67.086756, "relative_strength": 6.621113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.983946, "energy": 37.923718, "activity_lines": [ 64.605999, 64.29709, 62.277952, 59.663333 ] } ], "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." } } }