In the reliability analysis of multicomponent stress-strength models, it is typically assumed that strengths are either independent or dependent on a common stress factor. However, this assumption may not hold true in certain scenarios. Therefore, accurately estimating the reliability of the stress-strength model becomes a significant concern when strengths exhibit interdependence with both each other and the common stress factor. To address this issue, we propose an Archimedean copula (AC)-based hierarchical dependence approach to effectively model these interdependencies. We employ four distinct semi-parametric methods to comprehensively estimate the reliability of the multicomponent stress-strength model and determine associated dependence parameters. Furthermore, we derive asymptotic properties of our estimator and demonstrate its effectiveness through both Monte Carlo simulations and real-life datasets. The main original contribution of this study is the first attempt to evaluate the reliability problem under dependent strengths and stress using a hierarchical AC approach.