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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": "Established expansion", "architecture_gate": "up", "architecture_direction": 47.385, "architecture_energy": 37.77, "architecture_maturity": 100.0, "architecture_confidence": 59.927, "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": 19.66, "rotation_up": 40.32, "upward_expansion": 67.46, "deceleration": 65.49, "rotation_down": 26.72, "downward_expansion": 17.46 }, "activity_lines": [ 166.476004, 167.763456, 157.736, 148.010323 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 159.240005, "trend_reference": 134.849333, "distance_from_trend": 0.180874, "trend_direction": "Improving", "fair_value": 112.197539, "distance_from_fair_value": 0.419283, "fair_value_direction": "Improving", "relative_strength": 31.306276, "relative_strength_direction": "Weakening", "price_momentum": 0.543023, "excess_performance": 0.586732, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.180874, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.182879, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.419283, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.055948, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.313063, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.042681, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.543023, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.804296, "read": "Supply-led" } ], "volume": { "latest": 22683123, "relative_activity": 1.081342, "balance": 0.804296, "dry_up": 1.714464, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.097183, "annualized_volatility": 0.45828, "from_high_reference": -0.210706, "from_low_reference": 0.635747 }, "levels": { "trend_reference": 134.849333, "fair_value_reference": 112.197539, "structural_low": 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"2026-07-24", "close": 172.570007, "volume": 25090956, "typical_volume": 21511100.3, "trend": 131.095999, "fair_value": 111.044362, "relative_strength": 49.860718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.419942, "energy": 66.62051, "activity_lines": [ 177.357334, 169.611272, 155.185952, 144.684515 ] }, { "date": "2026-07-31", "close": 156.300003, "volume": 60824282, "typical_volume": 21731411.35, "trend": 132.894, "fair_value": 111.632041, "relative_strength": 31.081507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.493959, "energy": 56.054868, "activity_lines": [ 171.356669, 168.568, 156.405476, 146.31058 ] }, { "date": "2026-08-07", "close": 159.240005, "volume": 22683123, "typical_volume": 20976819.15, "trend": 134.849333, "fair_value": 112.197539, "relative_strength": 31.306276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.384999, "energy": 37.770306, "activity_lines": [ 166.476004, 167.763456, 157.736, 148.010323 ] } ], "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." } } }