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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.323, "architecture_energy": 46.24, "architecture_maturity": 65.609, "architecture_confidence": 53.125, "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": 31.55, "rotation_up": 45.66, "upward_expansion": 74.61, "deceleration": 73.21, "rotation_down": 25.85, "downward_expansion": 5.94 }, "activity_lines": [ 180.19592, 179.874267, 176.483724, 173.089901 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 185.3392, "trend_reference": 169.881754, "distance_from_trend": 0.090989, "trend_direction": "Improving", "fair_value": 133.74863, "distance_from_fair_value": 0.385728, "fair_value_direction": "Improving", "relative_strength": 1.177995, "relative_strength_direction": "Improving", "price_momentum": 0.055865, "excess_performance": -0.131588, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090989, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060632, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.385728, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.025369, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01178, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.045728, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.055865, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.210856, "read": "Demand-led" } ], "volume": { "latest": 17464, "relative_activity": 0.847744, "balance": 1.210856, "dry_up": 1.153161, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.035181, "annualized_volatility": 0.200597, "from_high_reference": -0.009146, "from_low_reference": 0.351626 }, "levels": { "trend_reference": 169.881754, "fair_value_reference": 133.74863, "structural_low": 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"fair_value": 132.73299, "relative_strength": 2.787622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.808217, "energy": 43.719513, "activity_lines": [ 178.968573, 178.389826, 174.412272, 171.484134 ] }, { "date": "2026-07-31", "close": 176.8383, "volume": 19372, "typical_volume": 20518.95, "trend": 169.054093, "fair_value": 133.211143, "relative_strength": 1.546923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.462009, "energy": 31.276295, "activity_lines": [ 177.893347, 178.440681, 175.101986, 172.039249 ] }, { "date": "2026-08-07", "close": 185.3392, "volume": 17464, "typical_volume": 20600.55, "trend": 169.881754, "fair_value": 133.74863, "relative_strength": 1.177995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.322883, "energy": 46.240008, "activity_lines": [ 180.19592, 179.874267, 176.483724, 173.089901 ] } ], "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." } } }