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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 71.462, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 59.644, "architecture_energy": 46.497, "architecture_maturity": 50.126, "architecture_confidence": 68.869, "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": 16.65, "rotation_up": 56.19, "upward_expansion": 79.66, "deceleration": 61.18, "rotation_down": 20.85, "downward_expansion": 6.33 }, "activity_lines": [ 517.3, 509.742856, 488.935401, 463.808225 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 512.0, "trend_reference": 431.209999, "distance_from_trend": 0.187357, "trend_direction": "Improving", "fair_value": 444.954603, "distance_from_fair_value": 0.150679, "fair_value_direction": "Improving", "relative_strength": -10.496175, "relative_strength_direction": "Improving", "price_momentum": 0.464903, "excess_performance": 0.023531, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.187357, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.119409, "read": "Rising" }, 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"close": 542.0, "volume": 21403622, "typical_volume": 24011917.0, "trend": 426.272483, "fair_value": 444.013549, "relative_strength": -2.808428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.54195, "energy": 49.974079, "activity_lines": [ 516.466667, 507.253138, 483.710287, 458.277418 ] }, { "date": "2026-08-14", "close": 512.0, "volume": 15416277, "typical_volume": 23567621.5, "trend": 431.209999, "fair_value": 444.954603, "relative_strength": -10.496175, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.644157, "energy": 46.496532, "activity_lines": [ 517.3, 509.742856, 488.935401, 463.808225 ] } ], "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." } } }