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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.538, "architecture_energy": 91.46, "architecture_maturity": 24.0, "architecture_confidence": 82.467, "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": 17.93, "rotation_up": 83.43, "upward_expansion": 97.67, "deceleration": 41.83, "rotation_down": 8.01, "downward_expansion": 22.0 }, "activity_lines": [ 588.49999, 521.378175, 461.707375, 441.256877 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 606.299988, "trend_reference": 420.931664, "distance_from_trend": 0.440376, "trend_direction": "Weakening", "fair_value": 470.500113, "distance_from_fair_value": 0.288629, "fair_value_direction": "Improving", "relative_strength": 34.886469, "relative_strength_direction": "Improving", "price_momentum": 0.594477, "excess_performance": 0.638186, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.440376, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.019988, "read": "Falling" 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"activity_lines": [ 410.273326, 389.866358, 391.262138, 395.028169 ] }, { "date": "2026-07-17", "close": 574.400024, "volume": 410872088, "typical_volume": 57469291.5, "trend": 410.974999, "fair_value": 462.503103, "relative_strength": 29.687093, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.000967, "energy": 75.71198, "activity_lines": [ 470.790002, 424.827272, 408.513331, 405.764299 ] }, { "date": "2026-07-24", "close": 573.549988, "volume": 112684845, "typical_volume": 62455863.55, "trend": 413.721665, "fair_value": 465.06537, "relative_strength": 32.543627, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.068409, "energy": 95.391307, "activity_lines": [ 515.713332, 456.909089, 424.901187, 416.253008 ] }, { "date": "2026-07-31", "close": 612.599976, "volume": 153291767, "typical_volume": 69472115.75, "trend": 417.618331, "fair_value": 467.904332, "relative_strength": 37.777172, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.987993, "energy": 95.493321, "activity_lines": [ 560.983325, 492.081812, 444.160471, 429.083867 ] }, { "date": "2026-08-07", "close": 606.299988, "volume": 128489787, "typical_volume": 75253711.0, "trend": 420.931664, "fair_value": 470.500113, "relative_strength": 34.886469, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.537987, "energy": 91.460351, "activity_lines": [ 588.49999, 521.378175, 461.707375, 441.256877 ] } ], "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." } } }