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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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 62.926, "architecture_energy": 58.162, "architecture_maturity": 28.575, "architecture_confidence": 79.505, "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": 17.27, "rotation_up": 64.09, "upward_expansion": 80.29, "deceleration": 61.74, "rotation_down": 15.54, "downward_expansion": 9.29 }, "activity_lines": [ 54.162334, 53.537899, 52.029907, 50.862042 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 52.889999, "trend_reference": 49.051445, "distance_from_trend": 0.078256, "trend_direction": "Improving", "fair_value": 35.425925, "distance_from_fair_value": 0.492974, "fair_value_direction": "Improving", "relative_strength": 5.35206, "relative_strength_direction": "Improving", "price_momentum": 0.217928, "excess_performance": 0.097506, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078256, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.086269, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.492974, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.056592, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053521, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.004486, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.217928, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.403134, "read": "Demand-led" } ], "volume": { "latest": 3185800, "relative_activity": 1.311393, "balance": 1.403134, "dry_up": 1.267224, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.036634, "annualized_volatility": 0.175704, "from_high_reference": -0.062443, "from_low_reference": 0.469943 }, "levels": { "trend_reference": 49.051445, "fair_value_reference": 35.425925, "structural_low": 42.683306, 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51.326467, 50.140921 ] }, { "date": "2026-07-31", "close": 55.242664, "volume": 4071900, "typical_volume": 2418050.0, "trend": 48.699193, "fair_value": 35.26586, "relative_strength": 13.841214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.54615, "energy": 78.124719, "activity_lines": [ 54.479261, 53.488516, 51.806584, 50.591667 ] }, { "date": "2026-08-07", "close": 52.889999, "volume": 3185800, "typical_volume": 2429325.0, "trend": 49.051445, "fair_value": 35.425925, "relative_strength": 5.35206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.925807, "energy": 58.161687, "activity_lines": [ 54.162334, 53.537899, 52.029907, 50.862042 ] } ], "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." } } }