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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "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": 70.766, "architecture_energy": 85.121, "architecture_maturity": 38.075, "architecture_confidence": 79.603, "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": 5.55, "rotation_up": 82.49, "upward_expansion": 98.56, "deceleration": 39.07, "rotation_down": 8.75, "downward_expansion": 20.56 }, "activity_lines": [ 354.31333, 344.938181, 334.641174, 328.856493 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 355.600006, "trend_reference": 322.996902, "distance_from_trend": 0.100939, "trend_direction": "Improving", "fair_value": 260.456884, "distance_from_fair_value": 0.365293, "fair_value_direction": "Improving", "relative_strength": 5.809241, "relative_strength_direction": "Improving", "price_momentum": 0.070478, "excess_performance": 0.008984, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100939, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068031, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.365293, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.060483, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.058092, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.013865, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.070478, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.384401, "read": "Demand-led" } ], "volume": { "latest": 13078261, "relative_activity": 1.043938, "balance": 1.384401, "dry_up": 1.097774, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.036255, "annualized_volatility": 0.278082, "from_high_reference": -0.050467, "from_low_reference": 0.511084 }, "levels": { "trend_reference": 322.996902, "fair_value_reference": 260.456884, "structural_low": 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"2026-07-31", "close": 364.299988, "volume": 14177919, "typical_volume": 13060846.65, "trend": 321.050592, "fair_value": 259.409409, "relative_strength": 10.596774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.284991, "energy": 90.298592, "activity_lines": [ 351.299994, 341.030908, 331.509972, 326.627498 ] }, { "date": "2026-08-07", "close": 355.600006, "volume": 13078261, "typical_volume": 12527819.9, "trend": 322.996902, "fair_value": 260.456884, "relative_strength": 5.809241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.76599, "energy": 85.120501, "activity_lines": [ 354.31333, 344.938181, 334.641174, 328.856493 ] } ], "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." } } }