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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": "2c", "phase_label": "Stage 2C \u00b7 Late 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": 85.517, "architecture_energy": 94.352, "architecture_maturity": 36.0, "architecture_confidence": 79.178, "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": 0.0, "rotation_up": 88.06, "upward_expansion": 99.95, "deceleration": 39.01, "rotation_down": 8.08, "downward_expansion": 21.95 }, "activity_lines": [ 52.670667, 47.032, 40.165065, 36.808593 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 56.6, "trend_reference": 33.554987, "distance_from_trend": 0.686784, "trend_direction": "Improving", "fair_value": 50.550205, "distance_from_fair_value": 0.119679, "fair_value_direction": "Improving", "relative_strength": 52.135102, "relative_strength_direction": "Improving", "price_momentum": 0.578535, "excess_performance": 0.45291, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.686784, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.165084, "read": "Rising" }, { "label": "Price vs 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"volume": 12443627, "typical_volume": 5765581.55, "trend": 31.188203, "fair_value": 50.837252, "relative_strength": 47.618437, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.31554, "energy": 94.852614, "activity_lines": [ 42.590667, 38.395766, 34.269921, 32.644545 ] }, { "date": "2026-07-24", "close": 51.33, "volume": 7355455, "typical_volume": 5790546.6, "trend": 31.926145, "fair_value": 50.717196, "relative_strength": 45.60987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.706367, "energy": 95.339172, "activity_lines": [ 46.394667, 41.346691, 36.148711, 33.944016 ] }, { "date": "2026-07-31", "close": 52.42, "volume": 7706885, "typical_volume": 5864969.75, "trend": 32.692918, "fair_value": 50.618724, "relative_strength": 46.543309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.88176, "energy": 93.140853, "activity_lines": [ 49.376667, 44.024604, 38.022489, 35.2662 ] }, { "date": "2026-08-07", "close": 56.6, "volume": 4813069, "typical_volume": 5818525.75, "trend": 33.554987, "fair_value": 50.550205, "relative_strength": 52.135102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.517377, "energy": 94.351638, "activity_lines": [ 52.670667, 47.032, 40.165065, 36.808593 ] } ], "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." } } }