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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "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": 69.38, "architecture_energy": 71.84, "architecture_maturity": 16.637, "architecture_confidence": 90.555, "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": 7.3, "rotation_up": 71.11, "upward_expansion": 93.82, "deceleration": 41.24, "rotation_down": 16.6, "downward_expansion": 15.82 }, "activity_lines": [ 858.003373, 847.076165, 831.786657, 815.972703 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 862.0, "trend_reference": 795.961865, "distance_from_trend": 0.082966, "trend_direction": "Improving", "fair_value": 658.755441, "distance_from_fair_value": 0.308528, "fair_value_direction": "Weakening", "relative_strength": 12.872004, "relative_strength_direction": "Weakening", "price_momentum": 0.145135, "excess_performance": 0.188844, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.082966, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044074, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.308528, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.004673, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.12872, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.039854, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.145135, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.040709, "read": "Demand-led" } ], "volume": { "latest": 11740471, "relative_activity": 1.583356, "balance": 1.040709, "dry_up": 1.243896, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.030437, "annualized_volatility": 0.152899, "from_high_reference": -0.03048, "from_low_reference": 0.248732 }, "levels": { "trend_reference": 795.961865, "fair_value_reference": 658.755441, "structural_low": 723.549988, 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"2026-07-24", "close": 851.705139, "volume": 8162036, "typical_volume": 7251032.45, "trend": 788.635199, "fair_value": 654.807996, "relative_strength": 16.218703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.156349, "energy": 64.010261, "activity_lines": [ 843.768103, 834.619106, 820.265284, 806.293912 ] }, { "date": "2026-07-31", "close": 869.0, "volume": 9741525, "typical_volume": 7191743.3, "trend": 792.343532, "fair_value": 656.806479, "relative_strength": 15.102219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.769718, "energy": 71.431197, "activity_lines": [ 853.617712, 841.888999, 826.636922, 811.478737 ] }, { "date": "2026-08-07", "close": 862.0, "volume": 11740471, "typical_volume": 7414926.55, "trend": 795.961865, "fair_value": 658.755441, "relative_strength": 12.872004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.379676, "energy": 71.839752, "activity_lines": [ 858.003373, 847.076165, 831.786657, 815.972703 ] } ], "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." } } }