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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": "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": 60.512, "architecture_energy": 51.171, "architecture_maturity": 47.694, "architecture_confidence": 72.199, "architecture_tenure": "Developing", "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": 11.73, "rotation_up": 50.31, "upward_expansion": 79.33, "deceleration": 68.5, "rotation_down": 25.1, "downward_expansion": 8.33 }, "activity_lines": [ 598.446667, 594.655777, 565.556534, 542.120353 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 588.900024, "trend_reference": 515.843974, "distance_from_trend": 0.141624, "trend_direction": "Improving", "fair_value": 463.864922, "distance_from_fair_value": 0.269551, "fair_value_direction": "Improving", "relative_strength": 14.983728, "relative_strength_direction": "Improving", "price_momentum": 0.171474, "excess_performance": 0.215183, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.141624, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043834, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.269551, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071487, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.149837, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.073873, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.171474, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.799652, "read": "Supply-led" } ], "volume": { "latest": 2879947, "relative_activity": 2.567949, "balance": 0.799652, "dry_up": 1.429247, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.062657, "annualized_volatility": 0.255272, "from_high_reference": -0.072452, "from_low_reference": 0.429369 }, "levels": { "trend_reference": 515.843974, "fair_value_reference": 463.864922, "structural_low": 412.0, 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"volume": 1102619, "typical_volume": 996418.35, "trend": 511.89564, "fair_value": 461.884259, "relative_strength": 17.152177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.675422, "energy": 71.2119, "activity_lines": [ 604.456657, 592.533404, 559.882337, 537.152328 ] }, { "date": "2026-08-07", "close": 588.900024, "volume": 2879947, "typical_volume": 1121496.75, "trend": 515.843974, "fair_value": 463.864922, "relative_strength": 14.983728, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.512391, "energy": 51.170609, "activity_lines": [ 598.446667, 594.655777, 565.556534, 542.120353 ] } ], "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." } } }