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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 49.742, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 17.839, "architecture_energy": 15.458, "architecture_maturity": 68.406, "architecture_confidence": 77.698, "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": 46.14, "rotation_up": 22.68, "upward_expansion": 55.74, "deceleration": 88.17, "rotation_down": 36.87, "downward_expansion": 21.74 }, "activity_lines": [ 102.767657, 104.244111, 103.520013, 102.553997 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 101.03, "trend_reference": 100.614565, "distance_from_trend": 0.004129, "trend_direction": "Improving", "fair_value": 82.728599, "distance_from_fair_value": 0.221222, "fair_value_direction": "Weakening", "relative_strength": -4.998465, "relative_strength_direction": "Weakening", "price_momentum": 0.089959, "excess_performance": -0.035666, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004129, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.062158, "read": "Rising" 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"stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.420732, "energy": 43.887973, "activity_lines": [ 106.596144, 105.698377, 103.913745, 102.473479 ] }, { "date": "2026-07-31", "close": 100.086531, "volume": 7453097, "typical_volume": 5772559.95, "trend": 100.160683, "fair_value": 82.52316, "relative_strength": -2.745955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.109568, "energy": 15.765339, "activity_lines": [ 104.258207, 104.859533, 103.6674, 102.497912 ] }, { "date": "2026-08-07", "close": 101.03, "volume": 6629132, "typical_volume": 5778634.85, "trend": 100.614565, "fair_value": 82.728599, "relative_strength": -4.998465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.839326, "energy": 15.457899, "activity_lines": [ 102.767657, 104.244111, 103.520013, 102.553997 ] } ], "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." } } }