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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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 61.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 31.902, "architecture_energy": 16.757, "architecture_maturity": 41.612, "architecture_confidence": 79.934, "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": 46.38, "rotation_up": 30.53, "upward_expansion": 57.99, "deceleration": 81.37, "rotation_down": 29.61, "downward_expansion": 19.32 }, "activity_lines": [ 181.0, 182.618182, 181.019048, 178.270538 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 180.0, "trend_reference": 177.363992, "distance_from_trend": 0.014862, "trend_direction": "Improving", "fair_value": 143.126614, "distance_from_fair_value": 0.257628, "fair_value_direction": "Improving", "relative_strength": -6.016921, "relative_strength_direction": "Improving", "price_momentum": -0.026925, "excess_performance": -0.07816, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.014862, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02676, "read": "Rising" 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175.657143, 175.483725 ] }, { "date": "2026-07-03", "close": 188.0, "volume": 65670, "typical_volume": 617845.9, "trend": 175.810957, "fair_value": 139.925199, "relative_strength": -0.969536, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.367225, "energy": 30.888975, "activity_lines": [ 183.6, 183.309091, 177.121429, 176.349719 ] }, { "date": "2026-07-10", "close": 189.5, "volume": 626578, "typical_volume": 621762.8, "trend": 176.878174, "fair_value": 140.667344, "relative_strength": 1.962197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.864223, "energy": 33.161356, "activity_lines": [ 185.4, 185.036364, 178.714286, 177.232883 ] }, { "date": "2026-07-17", "close": 190.5, "volume": 210500, "typical_volume": 590903.35, "trend": 177.528771, "fair_value": 141.348019, "relative_strength": 1.489358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.631555, "energy": 36.759995, "activity_lines": [ 187.566667, 186.518182, 180.309524, 178.11171 ] }, { "date": "2026-07-24", "close": 175.5, "volume": 793382, "typical_volume": 576156.85, "trend": 177.44606, "fair_value": 141.923576, "relative_strength": -7.415907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.17015, "energy": 23.943958, "activity_lines": [ 184.166667, 184.681818, 180.316667, 177.980822 ] }, { "date": "2026-07-31", "close": 179.5, "volume": 431678, "typical_volume": 559703.35, "trend": 177.563342, "fair_value": 142.528615, "relative_strength": -6.227738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.305318, "energy": 19.563073, "activity_lines": [ 182.533333, 183.536364, 180.664286, 178.113334 ] }, { "date": "2026-08-07", "close": 180.0, "volume": 1711257, "typical_volume": 617323.05, "trend": 177.363992, "fair_value": 143.126614, "relative_strength": -6.016921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.902098, "energy": 16.7567, "activity_lines": [ 181.0, 182.618182, 181.019048, 178.270538 ] } ], "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." } } }