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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": 68.373, "architecture_energy": 47.755, "architecture_maturity": 81.468, "architecture_confidence": 70.386, "architecture_tenure": "Established", "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": 15.53, "rotation_up": 48.98, "upward_expansion": 75.9, "deceleration": 67.04, "rotation_down": 27.73, "downward_expansion": 11.57 }, "activity_lines": [ 263.823332, 262.721637, 252.456174, 238.894612 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 271.399994, "trend_reference": 219.751189, "distance_from_trend": 0.235033, "trend_direction": "Improving", "fair_value": 235.853183, "distance_from_fair_value": 0.150716, "fair_value_direction": "Improving", "relative_strength": 33.586638, "relative_strength_direction": "Improving", "price_momentum": 0.458624, "excess_performance": 0.502333, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.235033, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.172823, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.150716, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.080378, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.335866, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.060633, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.458624, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.884879, "read": "Supply-led" } ], "volume": { "latest": 7127073, "relative_activity": 0.742341, "balance": 0.884879, "dry_up": 0.875478, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.070902, "annualized_volatility": 0.466264, "from_high_reference": -0.027066, "from_low_reference": 0.790199 }, "levels": { "trend_reference": 219.751189, "fair_value_reference": 235.853183, 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"Established expansion", "gate": "up", "direction": 60.360445, "energy": 47.946705, "activity_lines": [ 261.120001, 260.180002, 249.108703, 235.322788 ] }, { "date": "2026-08-07", "close": 271.399994, "volume": 7127073, "typical_volume": 9600810.8, "trend": 219.751189, "fair_value": 235.853183, "relative_strength": 33.586638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.372991, "energy": 47.754635, "activity_lines": [ 263.823332, 262.721637, 252.456174, 238.894612 ] } ], "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." } } }