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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FCHI", "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": 64.658, "architecture_energy": 63.385, "architecture_maturity": 37.784, "architecture_confidence": 86.783, "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": 5.76, "rotation_up": 66.91, "upward_expansion": 87.84, "deceleration": 48.61, "rotation_down": 17.39, "downward_expansion": 12.17 }, "activity_lines": [ 104.51, 103.560909, 101.517722, 99.758278 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 104.300003, "trend_reference": 97.267257, "distance_from_trend": 0.072303, "trend_direction": "Improving", "fair_value": 73.818826, "distance_from_fair_value": 0.412919, "fair_value_direction": "Improving", "relative_strength": 5.357242, "relative_strength_direction": "Weakening", "price_momentum": 0.136151, "excess_performance": 0.08284, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.072303, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054641, "read": "Rising" }, { 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96.792653, "fair_value": 73.433042, "relative_strength": 9.276903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.772635, "energy": 73.294806, "activity_lines": [ 104.383332, 103.133454, 101.008524, 99.273932 ] }, { "date": "2026-08-07", "close": 104.300003, "volume": 955022, "typical_volume": 1158809.45, "trend": 97.267257, "fair_value": 73.818826, "relative_strength": 5.357242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.657685, "energy": 63.384974, "activity_lines": [ 104.51, 103.560909, 101.517722, 99.758278 ] } ], "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." } } }