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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "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": 64.337, "architecture_energy": 74.572, "architecture_maturity": 33.754, "architecture_confidence": 94.167, "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": 10.52, "rotation_up": 63.45, "upward_expansion": 87.85, "deceleration": 52.39, "rotation_down": 17.86, "downward_expansion": 16.85 }, "activity_lines": [ 176.800001, 173.472728, 165.181071, 156.740678 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 176.0, "trend_reference": 147.043891, "distance_from_trend": 0.196922, "trend_direction": "Improving", "fair_value": 121.681113, "distance_from_fair_value": 0.446404, "fair_value_direction": "Improving", "relative_strength": 8.016418, "relative_strength_direction": "Improving", "price_momentum": 0.307554, "excess_performance": 0.24606, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.196922, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057975, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.446404, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.156729, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.080164, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.108415, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.307554, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.416413, "read": "Demand-led" } ], "volume": { "latest": 283847, "relative_activity": 0.973541, "balance": 2.416413, "dry_up": 1.055886, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.050393, "annualized_volatility": 0.27481, "from_high_reference": -0.049676, "from_low_reference": 0.556721 }, "levels": { "trend_reference": 147.043891, "fair_value_reference": 121.681113, "structural_low": 113.058175, 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] }, { "date": "2026-07-24", "close": 179.800003, "volume": 152202, "typical_volume": 299753.2, "trend": 144.494965, "fair_value": 120.442399, "relative_strength": 14.414367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.389386, "energy": 87.038855, "activity_lines": [ 175.520001, 170.25091, 160.63302, 152.773612 ] }, { "date": "2026-07-31", "close": 175.800003, "volume": 235292, "typical_volume": 301950.2, "trend": 145.815508, "fair_value": 121.058657, "relative_strength": 10.151755, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.469238, "energy": 70.363134, "activity_lines": [ 176.426668, 172.058183, 163.021965, 154.793291 ] }, { "date": "2026-08-07", "close": 176.0, "volume": 283847, "typical_volume": 291561.3, "trend": 147.043891, "fair_value": 121.681113, "relative_strength": 8.016418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.336865, "energy": 74.571997, "activity_lines": [ 176.800001, 173.472728, 165.181071, 156.740678 ] } ], "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." } } }