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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.348, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.004, "architecture_energy": 53.78, "architecture_maturity": 48.486, "architecture_confidence": 82.178, "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": 21.58, "rotation_up": 55.77, "upward_expansion": 80.71, "deceleration": 59.75, "rotation_down": 24.93, "downward_expansion": 7.37 }, "activity_lines": [ 754.182667, 749.009504, 741.425122, 726.638127 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 773.26, "trend_reference": 709.93733, "distance_from_trend": 0.089195, "trend_direction": "Improving", "fair_value": 580.426207, "distance_from_fair_value": 0.332228, "fair_value_direction": "Improving", "relative_strength": 0.0, "relative_strength_direction": "Stable", "price_momentum": 0.125625, "excess_performance": 0.0, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089195, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034004, "read": "Rising" }, { "label": 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"2026-07-17", "close": 743.29, "volume": 232062310, "typical_volume": 312524315.65, "trend": 703.183156, "fair_value": 574.277151, "relative_strength": 0.0, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.064112, "energy": 45.159715, "activity_lines": [ 745.020667, 743.627769, 730.832042, 717.351932 ] }, { "date": "2026-07-24", "close": 738.93, "volume": 217802101, "typical_volume": 299466622.2, "trend": 704.925746, "fair_value": 576.192163, "relative_strength": 0.0, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.497623, "energy": 43.926033, "activity_lines": [ 743.414, 742.889952, 733.378742, 719.65818 ] }, { "date": "2026-07-31", "close": 747.03, "volume": 288737823, "typical_volume": 290968654.05, "trend": 707.175076, "fair_value": 578.221533, "relative_strength": 0.0, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.97143, "energy": 43.04231, "activity_lines": [ 745.028, 743.595054, 736.363002, 722.374583 ] }, { "date": "2026-08-07", "close": 773.26, "volume": 255774636, "typical_volume": 277452195.3, "trend": 709.93733, "fair_value": 580.426207, "relative_strength": 0.0, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.004282, "energy": 53.780053, "activity_lines": [ 754.182667, 749.009504, 741.425122, 726.638127 ] } ], "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." } } }