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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": "2a", "phase_label": "Stage 2A \u00b7 Early 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": "Early expansion", "architecture_gate": "up", "architecture_direction": 91.752, "architecture_energy": 91.101, "architecture_maturity": 25.116, "architecture_confidence": 80.263, "architecture_tenure": "New", "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": 7.3, "rotation_up": 85.72, "upward_expansion": 98.47, "deceleration": 39.32, "rotation_down": 9.71, "downward_expansion": 20.47 }, "activity_lines": [ 93.358666, 90.101221, 85.775675, 82.958118 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 100.0, "trend_reference": 80.71351, "distance_from_trend": 0.23895, "trend_direction": "Improving", "fair_value": 85.947448, "distance_from_fair_value": 0.163502, "fair_value_direction": "Improving", "relative_strength": 13.730874, "relative_strength_direction": "Improving", "price_momentum": 0.268392, "excess_performance": 0.21508, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.23895, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005808, "read": "Rising" }, { "label": "Price 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84.872478, 82.999002, 79.971897, 79.384971 ] }, { "date": "2026-07-10", "close": 87.160004, "volume": 2444411, "typical_volume": 2827934.1, "trend": 80.186844, "fair_value": 85.31823, "relative_strength": 3.882867, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.940432, "energy": 56.978514, "activity_lines": [ 85.661584, 84.096724, 80.865301, 79.834035 ] }, { "date": "2026-07-17", "close": 87.699997, "volume": 3870404, "typical_volume": 2833580.85, "trend": 80.148177, "fair_value": 85.456318, "relative_strength": 4.575187, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.996733, "energy": 60.756948, "activity_lines": [ 86.39652, 85.088573, 81.747942, 80.318755 ] }, { "date": "2026-07-24", "close": 88.419998, "volume": 2490679, "typical_volume": 2767203.3, "trend": 80.15951, "fair_value": 85.584603, "relative_strength": 5.032189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.144889, "energy": 67.802541, "activity_lines": [ 87.24287, 86.030855, 82.640678, 80.85242 ] }, { "date": "2026-07-31", "close": 93.139999, "volume": 3403935, "typical_volume": 2760527.2, "trend": 80.342177, "fair_value": 85.741477, "relative_strength": 8.772185, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.789616, "energy": 78.289378, "activity_lines": [ 89.499999, 87.564701, 83.923224, 81.689871 ] }, { "date": "2026-08-07", "close": 100.0, "volume": 3754974, "typical_volume": 2666980.65, "trend": 80.71351, "fair_value": 85.947448, "relative_strength": 13.730874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.752387, "energy": 91.100617, "activity_lines": [ 93.358666, 90.101221, 85.775675, 82.958118 ] } ], "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." } } }