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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 83.216, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.336, "architecture_energy": 55.206, "architecture_maturity": 86.035, "architecture_confidence": 49.973, "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": 26.65, "rotation_up": 46.53, "upward_expansion": 76.29, "deceleration": 71.5, "rotation_down": 29.57, "downward_expansion": 14.29 }, "activity_lines": [ 63.242, 63.20088, 62.218082, 60.762792 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 64.25, "trend_reference": 59.056618, "distance_from_trend": 0.087939, "trend_direction": "Improving", "fair_value": 48.755071, "distance_from_fair_value": 0.317812, "fair_value_direction": "Improving", "relative_strength": -1.273769, "relative_strength_direction": "Improving", "price_momentum": 0.141997, "excess_performance": 0.021576, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.087939, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035795, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.317812, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.033729, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.012738, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.024226, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.141997, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.301606, "read": "Supply-led" } ], "volume": { "latest": 5000, "relative_activity": 0.784929, "balance": 0.301606, "dry_up": 0.698587, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.021505, "annualized_volatility": 0.115337, "from_high_reference": -0.010625, "from_low_reference": 0.219396 }, "levels": { "trend_reference": 59.056618, "fair_value_reference": 48.755071, "structural_low": 52.689999, 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58.216506, "fair_value": 48.035757, "relative_strength": 0.964212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.946284, "energy": 91.46967, "activity_lines": [ 63.566595, 62.875852, 60.943529, 59.602716 ] }, { "date": "2026-07-17", "close": 62.549999, "volume": 7300, "typical_volume": 6445.0, "trend": 58.398976, "fair_value": 48.213152, "relative_strength": -1.313903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.102599, "energy": 65.437242, "activity_lines": [ 63.298001, 62.937415, 61.272375, 59.882296 ] }, { "date": "2026-07-24", "close": 62.599998, "volume": 1500, "typical_volume": 6380.0, "trend": 58.568373, "fair_value": 48.388674, "relative_strength": -1.39322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.617742, "energy": 62.52095, "activity_lines": [ 63.044, 62.953582, 61.57518, 60.153329 ] }, { "date": "2026-07-31", "close": 62.580002, "volume": 4000, "typical_volume": 6385.0, "trend": 58.814953, "fair_value": 48.566843, "relative_strength": -0.862549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.362406, "energy": 50.199888, "activity_lines": [ 62.859334, 62.934138, 61.836813, 60.412144 ] }, { "date": "2026-08-07", "close": 64.25, "volume": 5000, "typical_volume": 6370.0, "trend": 59.056618, "fair_value": 48.755071, "relative_strength": -1.273769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.335807, "energy": 55.206409, "activity_lines": [ 63.242, 63.20088, 62.218082, 60.762792 ] } ], "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." } } }