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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 81.816, "architecture_energy": 73.142, "architecture_maturity": 28.0, "architecture_confidence": 90.0, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 25.48, "rotation_up": 62.55, "upward_expansion": 83.21, "deceleration": 54.73, "rotation_down": 17.24, "downward_expansion": 14.54 }, "activity_lines": [ 832.77, 811.833652, 777.46281, 742.292597 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 889.71, "trend_reference": 702.731785, "distance_from_trend": 0.266073, "trend_direction": "Improving", "fair_value": 603.715941, "distance_from_fair_value": 0.473723, "fair_value_direction": "Improving", "relative_strength": 8.716775, "relative_strength_direction": "Improving", "price_momentum": 0.239679, "excess_performance": 0.114054, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.266073, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033133, "read": "Rising" }, { "label": "Price vs current 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"deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.826506, "energy": 49.882643, "activity_lines": [ 799.548667, 793.913288, 761.77292, 729.858536 ] }, { "date": "2026-08-07", "close": 889.71, "volume": 743671, "typical_volume": 551241.8, "trend": 702.731785, "fair_value": 603.715941, "relative_strength": 8.716775, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.815823, "energy": 73.142197, "activity_lines": [ 832.77, 811.833652, 777.46281, 742.292597 ] } ], "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." } } }