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Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "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": 75.354, "architecture_energy": 84.893, "architecture_maturity": 14.751, "architecture_confidence": 68.505, "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": 22.56, "rotation_up": 84.52, "upward_expansion": 97.21, "deceleration": 39.0, "rotation_down": 8.1, "downward_expansion": 19.21 }, "activity_lines": [ 55.029332, 53.032383, 51.333549, 50.900604 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 55.759998, "trend_reference": 50.261895, "distance_from_trend": 0.109389, "trend_direction": "Improving", "fair_value": 44.039366, "distance_from_fair_value": 0.26614, "fair_value_direction": "Improving", "relative_strength": -0.264076, "relative_strength_direction": "Improving", "price_momentum": 0.082285, "excess_performance": -0.091961, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.109389, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.061136, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.26614, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.193263, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002641, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.061455, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.082285, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.432836, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.432836, "dry_up": 0.0, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.043714, "annualized_volatility": 0.246705, "from_high_reference": -0.083648, "from_low_reference": 0.56685 }, "levels": { "trend_reference": 50.261895, "fair_value_reference": 44.039366, "structural_low": 46.522757, "invalidation": "A 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48.882635, 48.988444, 49.590266, 49.215631 ] }, { "date": "2026-06-19", "close": 46.749889, "volume": 0, "typical_volume": 137.7, "trend": 48.272371, "fair_value": 43.856699, "relative_strength": -15.155484, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.845947, "energy": 26.872523, "activity_lines": [ 48.17951, 48.528109, 49.296455, 49.134594 ] }, { "date": "2026-06-26", "close": 49.761871, "volume": 0, "typical_volume": 55.35, "trend": 48.555696, "fair_value": 43.852881, "relative_strength": -7.814795, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.675421, "energy": 6.918075, "activity_lines": [ 48.554115, 48.675227, 49.284437, 49.23069 ] }, { "date": "2026-07-03", "close": 50.299999, "volume": 0, "typical_volume": 55.35, "trend": 48.769423, "fair_value": 43.856053, "relative_strength": -8.868866, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.582452, "energy": 10.478829, "activity_lines": [ 49.16274, 48.93888, 49.332045, 49.343226 ] }, { "date": "2026-07-10", "close": 50.169998, "volume": 124, "typical_volume": 61.55, "trend": 48.985799, "fair_value": 43.871162, "relative_strength": -7.79024, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.501205, "energy": 14.459977, "activity_lines": [ 49.567726, 49.17217, 49.368473, 49.433586 ] }, { "date": "2026-07-17", "close": 54.189999, "volume": 0, "typical_volume": 60.85, "trend": 49.290378, "fair_value": 43.897604, "relative_strength": 1.535436, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 76.863345, "energy": 55.533473, "activity_lines": [ 51.253574, 50.143671, 49.790191, 49.769341 ] }, { "date": "2026-07-24", "close": 54.549999, "volume": 0, "typical_volume": 60.85, "trend": 49.615239, "fair_value": 43.940234, "relative_strength": 0.777547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.293814, "energy": 75.802412, "activity_lines": [ 52.692124, 51.053342, 50.23626, 50.108671 ] }, { "date": "2026-07-31", "close": 56.110001, "volume": 0, "typical_volume": 60.35, "trend": 49.979801, "fair_value": 43.992865, "relative_strength": 3.497722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.856774, "energy": 86.842313, "activity_lines": [ 54.130666, 52.12494, 50.813745, 50.527688 ] }, { "date": "2026-08-07", "close": 55.759998, "volume": 0, "typical_volume": 60.25, "trend": 50.261895, "fair_value": 44.039366, "relative_strength": -0.264076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.353715, "energy": 84.893024, "activity_lines": [ 55.029332, 53.032383, 51.333549, 50.900604 ] } ], "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." } } }