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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": "2c", "phase_label": "Stage 2C \u00b7 Late 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.73, "architecture_energy": 59.861, "architecture_maturity": 96.728, "architecture_confidence": 62.809, "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": 23.06, "rotation_up": 46.95, "upward_expansion": 74.5, "deceleration": 74.23, "rotation_down": 29.27, "downward_expansion": 14.83 }, "activity_lines": [ 425.213332, 422.779091, 395.200455, 363.371441 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 461.5, "trend_reference": 325.118018, "distance_from_trend": 0.419485, "trend_direction": "Improving", "fair_value": 283.061718, "distance_from_fair_value": 0.630386, "fair_value_direction": "Improving", "relative_strength": 52.779659, "relative_strength_direction": "Improving", "price_momentum": 0.709788, "excess_performance": 0.753497, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.419485, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.174719, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.630386, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.438778, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.527797, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.312206, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.709788, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.13401, "read": "Demand-led" } ], "volume": { "latest": 3797439, "relative_activity": 1.905447, "balance": 4.13401, "dry_up": 0.973308, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.070725, "annualized_volatility": 0.41915, "from_high_reference": -0.013889, "from_low_reference": 1.186132 }, "levels": { "trend_reference": 325.118018, "fair_value_reference": 283.061718, "structural_low": 211.103439, 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413.226364, 377.814921, 348.02788 ] }, { "date": "2026-07-31", "close": 408.5, "volume": 1582947, "typical_volume": 1833029.45, "trend": 318.491258, "fair_value": 281.554555, "relative_strength": 37.941123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.439414, "energy": 45.10486, "activity_lines": [ 409.089998, 413.499091, 384.356088, 354.145071 ] }, { "date": "2026-08-07", "close": 461.5, "volume": 3797439, "typical_volume": 1992938.35, "trend": 325.118018, "fair_value": 283.061718, "relative_strength": 52.779659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.730289, "energy": 59.861214, "activity_lines": [ 425.213332, 422.779091, 395.200455, 363.371441 ] } ], "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." } } }