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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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.77, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 93.2, "architecture_energy": 89.25, "architecture_maturity": 22.0, "architecture_confidence": 77.367, "architecture_tenure": "New", "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": 13.97, "rotation_up": 82.02, "upward_expansion": 92.39, "deceleration": 46.93, "rotation_down": 9.02, "downward_expansion": 19.06 }, "activity_lines": [ 311.233329, 293.448093, 266.453503, 256.057119 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 354.850006, "trend_reference": 249.626417, "distance_from_trend": 0.421524, "trend_direction": "Weakening", "fair_value": 220.687026, "distance_from_fair_value": 0.607933, "fair_value_direction": "Improving", "relative_strength": 38.848651, "relative_strength_direction": "Improving", "price_momentum": 0.321109, "excess_performance": 0.364819, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.421524, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.00118, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.607933, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.580829, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.388487, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.526424, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.321109, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.38021, "read": "Demand-led" } ], "volume": { "latest": 106550862, "relative_activity": 4.819376, "balance": 4.38021, "dry_up": 2.471742, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.066765, "annualized_volatility": 0.564952, "from_high_reference": -0.015809, "from_low_reference": 0.854843 }, "levels": { "trend_reference": 249.626417, "fair_value_reference": 220.687026, 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"energy": 75.946689, "activity_lines": [ 277.137795, 263.320169, 245.096015, 243.318254 ] }, { "date": "2026-07-24", "close": 259.049988, "volume": 5815463, "typical_volume": 17885072.45, "trend": 245.396416, "fair_value": 218.247629, "relative_strength": 6.278689, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.135013, "energy": 59.700288, "activity_lines": [ 271.126343, 264.916636, 247.365812, 244.173538 ] }, { "date": "2026-07-31", "close": 321.649994, "volume": 96008573, "typical_volume": 17839265.35, "trend": 246.908083, "fair_value": 219.337455, "relative_strength": 27.898342, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.46401, "energy": 72.879734, "activity_lines": [ 287.026658, 277.121912, 255.536085, 249.093124 ] }, { "date": "2026-08-07", "close": 354.850006, "volume": 106550862, "typical_volume": 22108851.7, "trend": 249.626417, "fair_value": 220.687026, "relative_strength": 38.848651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.200385, "energy": 89.249541, "activity_lines": [ 311.233329, 293.448093, 266.453503, 256.057119 ] } ], "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." } } }