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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 86.326, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 36.021, "architecture_energy": 19.68, "architecture_maturity": 61.336, "architecture_confidence": 82.998, "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": 36.49, "rotation_up": 33.53, "upward_expansion": 63.46, "deceleration": 83.57, "rotation_down": 27.5, "downward_expansion": 15.79 }, "activity_lines": [ 228.558667, 230.405455, 227.841429, 223.738386 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 224.720001, "trend_reference": 218.259332, "distance_from_trend": 0.029601, "trend_direction": "Improving", "fair_value": 211.164306, "distance_from_fair_value": 0.064195, "fair_value_direction": "Weakening", "relative_strength": 5.041552, "relative_strength_direction": "Weakening", "price_momentum": 0.054974, "excess_performance": 0.098683, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.029601, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037355, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.064195, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.080357, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.050416, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.090589, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.054974, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.000519, "read": "Demand-led" } ], "volume": { "latest": 1352309, "relative_activity": 0.420839, "balance": 1.000519, "dry_up": 0.529463, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.054683, "annualized_volatility": 0.324655, "from_high_reference": -0.089686, "from_low_reference": 0.273923 }, "levels": { "trend_reference": 218.259332, "fair_value_reference": 211.164306, 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"typical_volume": 3368724.6, "trend": 217.456332, "fair_value": 210.822623, "relative_strength": 12.652004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.845366, "energy": 59.950899, "activity_lines": [ 235.974666, 232.083819, 227.725714, 222.977418 ] }, { "date": "2026-07-31", "close": 222.25, "volume": 1233782, "typical_volume": 3306415.25, "trend": 217.718665, "fair_value": 210.934593, "relative_strength": 4.678055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.305895, "energy": 31.166478, "activity_lines": [ 231.622667, 231.07691, 227.75719, 223.286687 ] }, { "date": "2026-08-07", "close": 224.720001, "volume": 1352309, "typical_volume": 3213362.8, "trend": 218.259332, "fair_value": 211.164306, "relative_strength": 5.041552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.02067, "energy": 19.67994, "activity_lines": [ 228.558667, 230.405455, 227.841429, 223.738386 ] } ], "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." } } }