{ "ticker": { "uuid": "0182381b-fcb3-445e-8ad7-4fd0a7e2890c", "symbol": "NET", "name": "Cloudflare, Inc.", "exchange": "MEX", "country": "MX", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 91.319, "architecture_energy": 95.037, "architecture_maturity": 40.0, "architecture_confidence": 80.686, "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": 3.12, "rotation_up": 87.27, "upward_expansion": 99.86, "deceleration": 39.04, "rotation_down": 9.34, "downward_expansion": 21.86 }, "activity_lines": [ 4829.4, 4599.138361, 4270.067713, 4064.24417 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 5183.0, "trend_reference": 3785.152661, "distance_from_trend": 0.369297, "trend_direction": "Improving", "fair_value": 2550.793654, "distance_from_fair_value": 1.031917, "fair_value_direction": "Improving", "relative_strength": 32.87686, "relative_strength_direction": "Improving", "price_momentum": 0.780794, "excess_performance": 0.83546, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.369297, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.075831, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.031917, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.546639, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.328769, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.480721, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.780794, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 29.771845, "read": "Demand-led" } ], "volume": { "latest": 2773, "relative_activity": 2.358796, "balance": 29.771845, "dry_up": 0.73941, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.059152, "annualized_volatility": 0.71501, "from_high_reference": -0.009933, "from_low_reference": 0.788475 }, "levels": { "trend_reference": 3785.152661, "fair_value_reference": 2550.793654, "structural_low": 2898.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.027273, "positive_rate": 0.608696, "directional_follow_through": 0.608696, "median_excess_return": 0.020519, "regime_survival": 0.782609, "best_return": 0.24504, "worst_return": -0.291139, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.033022, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": 0.014138, "regime_survival": 0.5, "best_return": 0.423226, "worst_return": -0.259392, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.015089, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.007959, "regime_survival": 0.0, "best_return": 0.287097, "worst_return": -0.064979, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.952622, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.844193, "regime_survival": 0.5, "best_return": 1.580645, "worst_return": 0.324599, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-30", "end": "2024-09-27", "tenure": "Developing", "return": -0.010291, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-03-14", "tenure": "Established", "return": 0.47871, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.111272, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.137934, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.247169, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-11-14", "tenure": "Established", "return": 0.146121, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.067536, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": 0.022576, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": -0.068736, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-03-27", "tenure": "Developing", "return": 0.284984, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-03", "end": "2026-04-03", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.214631, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-29", "tenure": "Developing", "return": 0.127476, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.195725, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 996.530029, "volume": 345, "typical_volume": 1852.35, "trend": 1098.504667, "fair_value": 1665.104123, "relative_strength": -9.413274, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.129226, "energy": 20.508954, "activity_lines": [ 1141.078011, 1138.823096, 1115.998431, 1105.91198 ] }, { "date": "2023-08-25", "close": 1049.829956, "volume": 179, "typical_volume": 1861.3, "trend": 1100.198999, "fair_value": 1660.67769, "relative_strength": -3.857919, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.750566, "energy": 9.950005, "activity_lines": [ 1107.96866, 1123.098724, 1111.491093, 1102.771676 ] }, { "date": "2023-09-01", "close": 1037.51001, "volume": 75, "typical_volume": 1833.25, "trend": 1095.515999, "fair_value": 1656.226493, "relative_strength": -4.311434, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.504746, "energy": 19.109566, "activity_lines": [ 1076.097331, 1107.155635, 1106.125523, 1098.727225 ] }, { "date": "2023-09-08", "close": 1037.51001, "volume": 0, "typical_volume": 1823.95, "trend": 1093.099666, "fair_value": 1651.838433, "relative_strength": -2.390789, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.466569, "energy": 35.824994, "activity_lines": [ 1049.009334, 1092.348728, 1101.462286, 1094.984903 ] }, { "date": "2023-09-15", "close": 1115.0, "volume": 36, "typical_volume": 1810.0, "trend": 1091.266333, "fair_value": 1648.05788, "relative_strength": 7.676524, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.418548, "energy": 32.772029, "activity_lines": [ 1062.250667, 1093.426183, 1104.609952, 1096.397828 ] }, { "date": "2023-09-22", "close": 977.0, "volume": 120, "typical_volume": 1810.1, "trend": 1086.833, "fair_value": 1643.365168, "relative_strength": -5.760668, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.621193, "energy": 49.837173, "activity_lines": [ 1038.825334, 1068.778183, 1094.429048, 1089.025806 ] }, { "date": "2023-09-29", "close": 1110.0, "volume": 12, "typical_volume": 1760.35, "trend": 1086.566333, "fair_value": 1639.661243, "relative_strength": 9.175309, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.213356, "energy": 14.223832, "activity_lines": [ 1061.035335, 1071.275637, 1096.000524, 1090.520451 ] }, { "date": "2023-10-06", "close": 1060.0, "volume": 44, "typical_volume": 1565.8, "trend": 1086.166333, "fair_value": 1635.663579, "relative_strength": 7.40004, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.241579, "energy": 9.438569, "activity_lines": [ 1062.567334, 1065.045819, 1091.524381, 1088.806494 ] }, { "date": "2023-10-13", "close": 1108.0, "volume": 321, "typical_volume": 1014.65, "trend": 1087.099666, "fair_value": 1632.049445, "relative_strength": 12.820422, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.847901, "energy": 7.882517, "activity_lines": [ 1078.6, 1068.438909, 1091.562524, 1090.215118 ] }, { "date": "2023-10-20", "close": 1167.0, "volume": 80, "typical_volume": 830.9, "trend": 1090.699666, "fair_value": 1628.885844, "relative_strength": 21.409932, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.972227, "energy": 21.730955, "activity_lines": [ 1109.6, 1085.232, 1097.091143, 1095.369978 ] }, { "date": "2023-10-27", "close": 1000.0, "volume": 53, "typical_volume": 363.0, "trend": 1086.833, "fair_value": 1624.636615, "relative_strength": 2.783241, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.481624, "energy": 9.022234, "activity_lines": [ 1081.466667, 1073.261455, 1087.062619, 1089.518387 ] }, { "date": "2023-11-03", "close": 1108.0, "volume": 3979, "typical_volume": 543.6, "trend": 1086.566333, "fair_value": 1621.169255, "relative_strength": 8.201149, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.74501, "energy": 6.916197, "activity_lines": [ 1087.8, 1080.864182, 1087.705524, 1090.884 ] }, { "date": "2023-11-10", "close": 1108.030029, "volume": 563, "typical_volume": 570.8, "trend": 1084.000667, "fair_value": 1617.748327, "relative_strength": 8.063237, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 25.574872, "energy": 12.302783, "activity_lines": [ 1094.276676, 1087.414733, 1088.60367, 1092.268754 ] }, { "date": "2023-11-17", "close": 1245.069946, "volume": 207, "typical_volume": 570.7, "trend": 1087.902999, "fair_value": 1615.280258, "relative_strength": 17.458566, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.651154, "energy": 41.076071, "activity_lines": [ 1143.231323, 1117.599449, 1102.514998, 1102.660321 ] }, { "date": "2023-11-24", "close": 1231.209961, "volume": 100, "typical_volume": 526.25, "trend": 1093.076664, "fair_value": 1612.75348, "relative_strength": 14.972733, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 72.339114, "energy": 66.536235, "activity_lines": [ 1178.427978, 1141.490352, 1114.588137, 1111.905931 ] }, { "date": "2023-12-01", "close": 1306.0, "volume": 580, "typical_volume": 467.4, "trend": 1110.443331, "fair_value": 1610.748555, "relative_strength": 19.124973, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.681257, "energy": 77.325477, "activity_lines": [ 1234.273983, 1176.866535, 1133.064566, 1125.642921 ] }, { "date": "2023-12-08", "close": 1374.0, "volume": 463, "typical_volume": 427.65, "trend": 1128.243331, "fair_value": 1609.211227, "relative_strength": 23.512878, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.540047, "energy": 85.012417, "activity_lines": [ 1292.386654, 1218.624536, 1157.226709, 1142.646577 ] }, { "date": "2023-12-15", "close": 1470.01001, "volume": 125, "typical_volume": 379.45, "trend": 1142.310331, "fair_value": 1608.313154, "relative_strength": 25.049138, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.45303, "energy": 92.378826, "activity_lines": [ 1364.769328, 1273.038903, 1189.370758, 1164.69604 ] }, { "date": "2023-12-22", "close": 1429.599976, "volume": 123, "typical_volume": 370.25, "trend": 1153.93033, "fair_value": 1607.167557, "relative_strength": 20.457707, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.977132, "energy": 90.771478, "activity_lines": [ 1399.549992, 1312.651263, 1215.948375, 1183.230856 ] }, { "date": "2023-12-29", "close": 1436.119995, "volume": 78, "typical_volume": 374.15, "trend": 1160.467664, "fair_value": 1606.51448, "relative_strength": 20.088591, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.969395, "energy": 89.640035, "activity_lines": [ 1424.201994, 1347.601809, 1242.315517, 1201.436641 ] }, { "date": "2024-01-05", "close": 1370.0, "volume": 108, "typical_volume": 362.3, "trend": 1170.100997, "fair_value": 1605.040121, "relative_strength": 15.960075, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.488493, "energy": 85.685359, "activity_lines": [ 1413.153329, 1365.637447, 1261.523042, 1214.954856 ] }, { "date": "2024-01-12", "close": 1350.0, "volume": 45, "typical_volume": 355.6, "trend": 1176.400997, "fair_value": 1603.565762, "relative_strength": 14.54058, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.57714, "energy": 66.246802, "activity_lines": [ 1391.17133, 1373.309448, 1277.047376, 1226.561243 ] }, { "date": "2024-01-19", "close": 1350.0, "volume": 0, "typical_volume": 351.85, "trend": 1184.73433, "fair_value": 1601.674737, "relative_strength": 13.982008, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.65299, "energy": 50.049274, "activity_lines": [ 1370.789331, 1376.58145, 1291.142328, 1237.761179 ] }, { "date": "2024-01-26", "close": 1450.0, "volume": 169, "typical_volume": 360.3, "trend": 1195.192664, "fair_value": 1601.097814, "relative_strength": 18.626501, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.940547, "energy": 56.189358, "activity_lines": [ 1391.741333, 1393.635815, 1313.273043, 1254.875093 ] }, { "date": "2024-02-02", "close": 1450.0, "volume": 0, "typical_volume": 358.5, "trend": 1207.522664, "fair_value": 1599.572173, "relative_strength": 15.512458, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.002296, "energy": 66.543172, "activity_lines": [ 1411.333333, 1406.96418, 1333.439519, 1271.314276 ] }, { "date": "2024-02-09", "close": 1400.0, "volume": 78, "typical_volume": 356.4, "trend": 1216.189331, "fair_value": 1597.713198, "relative_strength": 12.949211, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.063276, "energy": 60.973806, "activity_lines": [ 1413.333333, 1407.223635, 1347.248853, 1283.732169 ] }, { "date": "2024-02-16", "close": 1820.0, "volume": 149, "typical_volume": 363.25, "trend": 1239.189331, "fair_value": 1598.482429, "relative_strength": 46.023771, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.932201, "energy": 96.295135, "activity_lines": [ 1553.333333, 1482.137635, 1399.043901, 1322.687696 ] }, { "date": "2024-02-23", "close": 1650.0, "volume": 47, "typical_volume": 363.4, "trend": 1257.213997, "fair_value": 1599.208903, "relative_strength": 32.546792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.732825, "energy": 89.245736, "activity_lines": [ 1605.333333, 1518.033454, 1431.267521, 1349.19161 ] }, { "date": "2024-03-01", "close": 1677.0, "volume": 51, "typical_volume": 349.9, "trend": 1271.280664, "fair_value": 1601.017877, "relative_strength": 36.300164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.949059, "energy": 90.228947, "activity_lines": [ 1646.333333, 1555.565818, 1463.253045, 1376.274578 ] }, { "date": "2024-03-08", "close": 1681.410034, "volume": 50, "typical_volume": 348.4, "trend": 1285.494332, "fair_value": 1601.699993, "relative_strength": 36.927555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.885978, "energy": 89.422928, "activity_lines": [ 1673.670011, 1589.401824, 1492.949048, 1402.734537 ] }, { "date": "2024-03-15", "close": 1527.0, "volume": 279, "typical_volume": 359.7, "trend": 1303.176664, "fair_value": 1602.100505, "relative_strength": 20.833764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.805409, "energy": 65.364841, "activity_lines": [ 1634.109342, 1590.70346, 1505.489763, 1418.315548 ] }, { "date": "2024-03-22", "close": 1594.209961, "volume": 161, "typical_volume": 168.8, "trend": 1321.322664, "fair_value": 1603.698005, "relative_strength": 24.438871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.625276, "energy": 58.657791, "activity_lines": [ 1608.485327, 1601.370543, 1521.921902, 1437.09189 ] }, { "date": "2024-03-29", "close": 1655.0, "volume": 118, "typical_volume": 146.55, "trend": 1341.905664, "fair_value": 1604.999608, "relative_strength": 26.599776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.063619, "energy": 52.23034, "activity_lines": [ 1618.177327, 1618.65018, 1541.828284, 1458.61946 ] }, { "date": "2024-04-05", "close": 1586.349976, "volume": 977, "typical_volume": 185.05, "trend": 1360.20033, "fair_value": 1606.104351, "relative_strength": 19.188731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.031769, "energy": 38.110885, "activity_lines": [ 1604.652653, 1617.902539, 1552.591949, 1474.39006 ] }, { "date": "2024-04-12", "close": 1569.650024, "volume": 1045, "typical_volume": 232.3, "trend": 1375.35533, "fair_value": 1606.627749, "relative_strength": 20.510727, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.080941, "energy": 36.52397, "activity_lines": [ 1591.604663, 1611.639453, 1560.139999, 1487.902944 ] }, { "date": "2024-04-19", "close": 1440.0, "volume": 301, "typical_volume": 218.35, "trend": 1390.788664, "fair_value": 1605.345698, "relative_strength": 11.486741, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.375403, "energy": 15.385283, "activity_lines": [ 1542.790666, 1579.62818, 1553.728809, 1492.073568 ] }, { "date": "2024-04-26", "close": 1506.0, "volume": 7, "typical_volume": 195.55, "trend": 1403.988664, "fair_value": 1604.038005, "relative_strength": 12.015497, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.815494, "energy": 22.457789, "activity_lines": [ 1521.776668, 1558.889635, 1552.965237, 1499.506557 ] }, { "date": "2024-05-03", "close": 1257.300049, "volume": 588, "typical_volume": 218.7, "trend": 1410.565332, "fair_value": 1602.919929, "relative_strength": -5.939684, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.642761, "energy": 32.413585, "activity_lines": [ 1423.743351, 1498.642008, 1527.887385, 1490.042776 ] }, { "date": "2024-05-10", "close": 1239.98999, "volume": 1775, "typical_volume": 301.3, "trend": 1414.964998, "fair_value": 1602.462749, "relative_strength": -8.636678, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -44.364627, "energy": 48.790114, "activity_lines": [ 1346.453345, 1442.387096, 1502.17386, 1479.037915 ] }, { "date": "2024-05-17", "close": 1254.040039, "volume": 471, "typical_volume": 320.95, "trend": 1417.866333, "fair_value": 1600.745121, "relative_strength": -7.572088, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.381452, "energy": 76.289641, "activity_lines": [ 1296.937353, 1396.632375, 1478.70134, 1468.655659 ] }, { "date": "2024-05-24", "close": 1242.0, "volume": 74, "typical_volume": 319.25, "trend": 1425.933, "fair_value": 1598.229865, "relative_strength": -5.061103, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.330843, "energy": 81.498419, "activity_lines": [ 1264.448682, 1356.45892, 1454.949197, 1457.309444 ] }, { "date": "2024-05-31", "close": 1242.0, "volume": 0, "typical_volume": 317.0, "trend": 1430.399666, "fair_value": 1595.699031, "relative_strength": -4.597653, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.193739, "energy": 78.929581, "activity_lines": [ 1245.16001, 1321.467283, 1431.806577, 1445.442799 ] }, { "date": "2024-06-07", "close": 1230.0, "volume": 325, "typical_volume": 333.25, "trend": 1434.465332, "fair_value": 1591.710249, "relative_strength": -1.863412, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.824075, "energy": 87.789867, "activity_lines": [ 1239.471338, 1290.697645, 1408.035386, 1432.513788 ] }, { "date": "2024-06-14", "close": 1385.0, "volume": 3550, "typical_volume": 502.3, "trend": 1439.129667, "fair_value": 1587.158967, "relative_strength": 11.614161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.562116, "energy": 55.79887, "activity_lines": [ 1287.269336, 1295.837098, 1399.597529, 1429.322477 ] }, { "date": "2024-06-21", "close": 1461.0, "volume": 5404, "typical_volume": 772.5, "trend": 1446.789335, "fair_value": 1583.32948, "relative_strength": 15.816148, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.723569, "energy": 28.03066, "activity_lines": [ 1350.733333, 1318.455642, 1398.70729, 1430.733466 ] }, { "date": "2024-06-28", "close": 1506.030029, "volume": 651, "typical_volume": 801.15, "trend": 1453.457003, "fair_value": 1579.278391, "relative_strength": 19.45897, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.611416, "energy": 26.182457, "activity_lines": [ 1415.41001, 1351.236918, 1402.053245, 1434.555446 ] }, { "date": "2024-07-05", "close": 1572.48999, "volume": 54, "typical_volume": 796.4, "trend": 1460.073336, "fair_value": 1575.319993, "relative_strength": 23.992433, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 27.416914, "energy": 41.753461, "activity_lines": [ 1484.638004, 1394.901278, 1411.223815, 1442.234994 ] }, { "date": "2024-07-12", "close": 1460.0, "volume": 100, "typical_volume": 799.05, "trend": 1459.739669, "fair_value": 1571.555891, "relative_strength": 9.168937, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.163898, "energy": 35.296073, "activity_lines": [ 1494.33667, 1416.904004, 1410.859672, 1442.230262 ] }, { "date": "2024-07-19", "close": 1431.0, "volume": 46, "typical_volume": 798.8, "trend": 1459.786336, "fair_value": 1566.18275, "relative_strength": 9.057196, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.044618, "energy": 32.745518, "activity_lines": [ 1479.035335, 1429.948548, 1408.638386, 1440.37609 ] }, { "date": "2024-07-26", "close": 1438.0, "volume": 165, "typical_volume": 804.55, "trend": 1459.849003, "fair_value": 1560.272494, "relative_strength": 10.759702, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.493906, "energy": 23.208286, "activity_lines": [ 1463.000667, 1440.792911, 1408.255195, 1438.97052 ] }, { "date": "2024-08-02", "close": 1400.0, "volume": 70, "typical_volume": 794.1, "trend": 1460.849003, "fair_value": 1554.150699, "relative_strength": 8.721916, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -23.678891, "energy": 14.785862, "activity_lines": [ 1435.832666, 1441.383456, 1405.412052, 1435.109294 ] }, { "date": "2024-08-09", "close": 1460.0, "volume": 2143, "typical_volume": 893.2, "trend": 1464.51567, "fair_value": 1547.822494, "relative_strength": 11.309159, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.126524, "energy": 15.219892, "activity_lines": [ 1435.733333, 1450.010365, 1408.887956, 1435.05452 ] }, { "date": "2024-08-16", "close": 1529.25, "volume": 4890, "typical_volume": 1131.8, "trend": 1470.49067, "fair_value": 1542.486533, "relative_strength": 13.520989, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 1.259602, "energy": 9.412206, "activity_lines": [ 1466.216667, 1467.264546, 1419.598194, 1439.230928 ] }, { "date": "2024-08-23", "close": 1565.0, "volume": 590, "typical_volume": 1112.45, "trend": 1474.324003, "fair_value": 1536.467302, "relative_strength": 16.605314, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.72925, "energy": 40.587184, "activity_lines": [ 1504.0, 1485.577819, 1434.312003, 1445.328304 ] }, { "date": "2024-08-30", "close": 1652.0, "volume": 333, "typical_volume": 1076.85, "trend": 1481.057336, "fair_value": 1530.358328, "relative_strength": 23.32495, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.59492, "energy": 66.724591, "activity_lines": [ 1561.85, 1516.436546, 1457.413193, 1456.791272 ] }, { "date": "2024-09-06", "close": 1500.0, "volume": 113, "typical_volume": 1067.45, "trend": 1484.39067, "fair_value": 1523.307046, "relative_strength": 15.149419, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.308959, "energy": 53.860322, "activity_lines": [ 1554.766667, 1516.186182, 1465.64605, 1458.013379 ] }, { "date": "2024-09-13", "close": 1505.0, "volume": 85, "typical_volume": 1071.35, "trend": 1473.89067, "fair_value": 1516.031405, "relative_strength": 12.845663, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.627351, "energy": 50.142564, "activity_lines": [ 1542.683333, 1516.954545, 1474.069382, 1459.343013 ] }, { "date": "2024-09-20", "close": 1595.0, "volume": 893, "typical_volume": 1086.6, "trend": 1472.057336, "fair_value": 1509.557046, "relative_strength": 18.163045, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.784507, "energy": 47.274227, "activity_lines": [ 1557.6, 1535.313636, 1491.068906, 1467.156519 ] }, { "date": "2024-09-27", "close": 1635.0, "volume": 9431, "typical_volume": 1469.4, "trend": 1470.657336, "fair_value": 1505.140379, "relative_strength": 18.967303, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.696222, "energy": 48.571624, "activity_lines": [ 1581.466667, 1558.490909, 1510.269858, 1477.668948 ] }, { "date": "2024-10-04", "close": 1550.0, "volume": 116, "typical_volume": 1451.65, "trend": 1466.277002, "fair_value": 1496.906084, "relative_strength": 12.468822, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.236514, "energy": 40.509891, "activity_lines": [ 1572.333333, 1562.504545, 1519.494572, 1482.78783 ] }, { "date": "2024-10-11", "close": 1800.290039, "volume": 9977, "typical_volume": 1946.8, "trend": 1475.38667, "fair_value": 1486.81179, "relative_strength": 30.02614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.677352, "energy": 81.535091, "activity_lines": [ 1653.430013, 1609.989098, 1551.147099, 1504.337058 ] }, { "date": "2024-10-18", "close": 1805.0, "volume": 325, "typical_volume": 1963.05, "trend": 1482.413005, "fair_value": 1475.433584, "relative_strength": 27.894923, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.822325, "energy": 89.416992, "activity_lines": [ 1716.077344, 1651.052006, 1580.589671, 1525.602434 ] }, { "date": "2024-10-25", "close": 1821.0, "volume": 124, "typical_volume": 1953.0, "trend": 1487.946338, "fair_value": 1461.433584, "relative_strength": 30.733033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.266124, "energy": 92.011002, "activity_lines": [ 1764.058008, 1688.751278, 1608.875099, 1547.446757 ] }, { "date": "2024-11-01", "close": 1769.910034, "volume": 240, "typical_volume": 1787.5, "trend": 1494.065006, "fair_value": 1447.741918, "relative_strength": 28.752794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.478655, "energy": 87.10516, "activity_lines": [ 1779.942017, 1711.85692, 1629.48053, 1565.637963 ] }, { "date": "2024-11-08", "close": 1825.0, "volume": 524, "typical_volume": 1543.5, "trend": 1502.576672, "fair_value": 1433.364418, "relative_strength": 28.393976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.366807, "energy": 86.923816, "activity_lines": [ 1805.195345, 1741.253283, 1653.49972, 1586.988608 ] }, { "date": "2024-11-15", "close": 1800.0, "volume": 668, "typical_volume": 1544.35, "trend": 1514.576672, "fair_value": 1416.537495, "relative_strength": 28.998392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.552025, "energy": 60.887371, "activity_lines": [ 1803.782007, 1762.958736, 1673.404625, 1606.177209 ] }, { "date": "2024-11-22", "close": 2129.5, "volume": 913, "typical_volume": 1587.3, "trend": 1535.360006, "fair_value": 1402.864356, "relative_strength": 50.742471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.239388, "energy": 73.521401, "activity_lines": [ 1912.221338, 1839.118734, 1723.290624, 1645.849682 ] }, { "date": "2024-11-29", "close": 2042.97998, "volume": 339, "typical_volume": 1599.25, "trend": 1561.549337, "fair_value": 1393.828393, "relative_strength": 44.742558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.483458, "energy": 70.596237, "activity_lines": [ 1970.187329, 1888.193275, 1762.284194, 1678.599358 ] }, { "date": "2024-12-06", "close": 2268.5, "volume": 265, "typical_volume": 1610.2, "trend": 1595.833004, "fair_value": 1389.396343, "relative_strength": 53.935825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.249997, "energy": 90.656782, "activity_lines": [ 2088.527995, 1970.126365, 1819.979765, 1724.209078 ] }, { "date": "2024-12-13", "close": 2289.0, "volume": 386, "typical_volume": 1621.25, "trend": 1630.331669, "fair_value": 1386.120638, "relative_strength": 52.60829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.298851, "energy": 94.601202, "activity_lines": [ 2180.462663, 2044.268546, 1875.639622, 1768.929529 ] }, { "date": "2024-12-20", "close": 2206.0, "volume": 491, "typical_volume": 1642.3, "trend": 1662.465002, "fair_value": 1382.312945, "relative_strength": 51.151045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.928541, "energy": 87.084714, "activity_lines": [ 2213.797331, 2089.883454, 1919.342336, 1806.069422 ] }, { "date": "2024-12-27", "close": 2206.0, "volume": 0, "typical_volume": 1535.15, "trend": 1694.598336, "fair_value": 1378.825766, "relative_strength": 50.122417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.894997, "energy": 85.698427, "activity_lines": [ 2220.065332, 2128.121817, 1959.206954, 1841.136196 ] }, { "date": "2025-01-03", "close": 2206.0, "volume": 0, "typical_volume": 1290.65, "trend": 1727.131669, "fair_value": 1378.992432, "relative_strength": 49.154925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.1425, "energy": 71.93522, "activity_lines": [ 2221.233333, 2159.069272, 1995.519192, 1874.129852 ] }, { "date": "2025-01-10", "close": 2286.300049, "volume": 80, "typical_volume": 1265.15, "trend": 1757.175004, "fair_value": 1380.309228, "relative_strength": 50.500709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.796003, "energy": 69.383041, "activity_lines": [ 2238.300016, 2197.616735, 2036.256435, 1910.205231 ] }, { "date": "2025-01-17", "close": 2468.419922, "volume": 1383, "typical_volume": 1317.65, "trend": 1790.755668, "fair_value": 1384.529869, "relative_strength": 58.867531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.868687, "energy": 74.065908, "activity_lines": [ 2314.886654, 2259.887993, 2090.903665, 1956.092 ] }, { "date": "2025-01-24", "close": 2520.0, "volume": 356, "typical_volume": 1329.8, "trend": 1824.554667, "fair_value": 1389.978587, "relative_strength": 55.449899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.202894, "energy": 84.872694, "activity_lines": [ 2396.705322, 2319.838903, 2146.57557, 2003.140021 ] }, { "date": "2025-01-31", "close": 2810.0, "volume": 185, "typical_volume": 1334.8, "trend": 1865.805001, "fair_value": 1393.888907, "relative_strength": 70.721987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.097431, "energy": 93.110899, "activity_lines": [ 2554.257324, 2419.426176, 2225.009379, 2066.717139 ] }, { "date": "2025-02-07", "close": 3516.0, "volume": 893, "typical_volume": 1334.8, "trend": 1934.338334, "fair_value": 1402.655061, "relative_strength": 102.016528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.304976, "energy": 98.131978, "activity_lines": [ 2906.875993, 2635.004359, 2364.466998, 2173.181333 ] }, { "date": "2025-02-14", "close": 3484.810059, "volume": 8943, "typical_volume": 1310.4, "trend": 2002.798669, "fair_value": 1412.230831, "relative_strength": 91.909186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.008777, "energy": 98.906275, "activity_lines": [ 3161.764681, 2818.129461, 2491.806527, 2273.211767 ] }, { "date": "2025-02-21", "close": 3137.5, "volume": 361, "typical_volume": 1322.65, "trend": 2059.448669, "fair_value": 1418.259677, "relative_strength": 71.007379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.64883, "energy": 88.944876, "activity_lines": [ 3220.982682, 2915.992552, 2577.260289, 2346.418304 ] }, { "date": "2025-02-28", "close": 2995.0, "volume": 1379, "typical_volume": 892.75, "trend": 2112.615336, "fair_value": 1424.007178, "relative_strength": 65.133486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.274522, "energy": 86.102523, "activity_lines": [ 3188.095345, 2972.519278, 2641.583098, 2406.776455 ] }, { "date": "2025-03-07", "close": 2515.0, "volume": 259, "typical_volume": 889.45, "trend": 2147.782003, "fair_value": 1427.590575, "relative_strength": 36.037042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.151924, "energy": 64.006542, "activity_lines": [ 2963.541341, 2927.427823, 2654.502526, 2432.736756 ] }, { "date": "2025-03-14", "close": 2292.0, "volume": 1536, "typical_volume": 960.05, "trend": 2173.207003, "fair_value": 1430.680319, "relative_strength": 23.691638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.051516, "energy": 28.51207, "activity_lines": [ 2684.320671, 2836.172732, 2642.802907, 2442.041142 ] }, { "date": "2025-03-21", "close": 2406.0, "volume": 396, "typical_volume": 967.85, "trend": 2201.240336, "fair_value": 1430.225191, "relative_strength": 28.157215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.573874, "energy": 36.682357, "activity_lines": [ 2524.7, 2764.081277, 2639.717574, 2457.060045 ] }, { "date": "2025-03-28", "close": 2441.679932, "volume": 188, "typical_volume": 951.05, "trend": 2227.563, "fair_value": 1430.171857, "relative_strength": 27.657609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.505232, "energy": 35.104087, "activity_lines": [ 2448.893311, 2696.300719, 2637.001329, 2472.572277 ] }, { "date": "2025-04-04", "close": 1995.0, "volume": 314, "typical_volume": 933.35, "trend": 2244.063, "fair_value": 1428.61096, "relative_strength": 7.134475, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -24.98383, "energy": 40.48529, "activity_lines": [ 2270.581315, 2547.79181, 2588.807567, 2457.568213 ] }, { "date": "2025-04-11", "close": 2138.280029, "volume": 8869, "typical_volume": 1331.15, "trend": 2265.172335, "fair_value": 1427.067883, "relative_strength": 13.892436, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.623911, "energy": 41.670437, "activity_lines": [ 2206.695996, 2434.87927, 2553.330951, 2450.743505 ] }, { "date": "2025-04-18", "close": 2170.600098, "volume": 1132, "typical_volume": 1370.8, "trend": 2284.359005, "fair_value": 1427.423461, "relative_strength": 11.40897, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.164769, "energy": 40.903155, "activity_lines": [ 2178.698698, 2340.056197, 2520.890627, 2444.64207 ] }, { "date": "2025-04-25", "close": 2235.0, "volume": 895, "typical_volume": 1402.3, "trend": 2304.359005, "fair_value": 1428.191859, "relative_strength": 6.483432, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.44434, "energy": 39.224075, "activity_lines": [ 2180.261361, 2281.404013, 2493.975913, 2441.457619 ] }, { "date": "2025-05-02", "close": 2470.0, "volume": 108, "typical_volume": 1388.4, "trend": 2335.025671, "fair_value": 1435.588078, "relative_strength": 18.227417, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.905929, "energy": 23.45539, "activity_lines": [ 2271.557357, 2288.202921, 2489.601674, 2452.144134 ] }, { "date": "2025-05-09", "close": 2547.370117, "volume": 4294, "typical_volume": 1578.55, "trend": 2359.928341, "fair_value": 1443.532758, "relative_strength": 18.897762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 3.981309, "energy": 8.23677, "activity_lines": [ 2386.755387, 2321.205487, 2491.734113, 2465.843776 ] }, { "date": "2025-05-16", "close": 3057.0, "volume": 1861, "typical_volume": 1671.6, "trend": 2401.661674, "fair_value": 1456.167373, "relative_strength": 36.999592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.405718, "energy": 43.094988, "activity_lines": [ 2635.005371, 2455.006756, 2540.77716, 2510.816141 ] }, { "date": "2025-05-23", "close": 3051.75, "volume": 133, "typical_volume": 1678.25, "trend": 2442.686674, "fair_value": 1468.486284, "relative_strength": 33.778817, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.688991, "energy": 55.305813, "activity_lines": [ 2820.257357, 2577.998935, 2585.267826, 2552.757323 ] }, { "date": "2025-05-30", "close": 3177.0, "volume": 2113, "typical_volume": 1779.9, "trend": 2489.589673, "fair_value": 1482.050834, "relative_strength": 38.428942, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.475326, "energy": 85.490448, "activity_lines": [ 2988.516016, 2709.950204, 2637.659682, 2600.132377 ] }, { "date": "2025-06-06", "close": 3380.01001, "volume": 479, "typical_volume": 1734.7, "trend": 2541.42334, "fair_value": 1497.57654, "relative_strength": 44.270105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.636691, "energy": 95.092382, "activity_lines": [ 3161.644678, 2864.794203, 2705.144396, 2657.57885 ] }, { "date": "2025-06-13", "close": 3257.0, "volume": 1325, "typical_volume": 1783.15, "trend": 2589.990007, "fair_value": 1513.070129, "relative_strength": 38.534295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.962625, "energy": 89.449323, "activity_lines": [ 3233.102669, 2980.212198, 2756.572967, 2703.745086 ] }, { "date": "2025-06-20", "close": 3486.0, "volume": 2153, "typical_volume": 1881.55, "trend": 2635.206673, "fair_value": 1528.941924, "relative_strength": 48.968885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.270883, "energy": 93.535676, "activity_lines": [ 3333.585335, 3114.321103, 2826.301537, 2761.552183 ] }, { "date": "2025-06-27", "close": 3600.0, "volume": 401, "typical_volume": 1856.95, "trend": 2687.107341, "fair_value": 1546.127822, "relative_strength": 48.485131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.767487, "energy": 93.463599, "activity_lines": [ 3443.468001, 3244.65328, 2903.668202, 2823.796913 ] }, { "date": "2025-07-04", "close": 3446.0, "volume": 219, "typical_volume": 1420.75, "trend": 2726.357341, "fair_value": 1561.146476, "relative_strength": 38.838611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.87984, "energy": 83.404475, "activity_lines": [ 3465.467334, 3320.996369, 2965.968201, 2872.75773 ] }, { "date": "2025-07-11", "close": 3390.0, "volume": 267, "typical_volume": 1416.05, "trend": 2763.057341, "fair_value": 1576.88622, "relative_strength": 37.858564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.97052, "energy": 65.60174, "activity_lines": [ 3450.866667, 3365.139458, 3023.119677, 2915.573386 ] }, { "date": "2025-07-18", "close": 3600.0, "volume": 70, "typical_volume": 1350.6, "trend": 2809.524007, "fair_value": 1592.674681, "relative_strength": 44.839473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.666057, "energy": 67.32541, "activity_lines": [ 3505.6, 3430.737092, 3099.068771, 2969.569686 ] }, { "date": "2025-07-25", "close": 3690.0, "volume": 2025, "typical_volume": 1438.9, "trend": 2858.990674, "fair_value": 1610.008014, "relative_strength": 43.422205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.157001, "energy": 67.32478, "activity_lines": [ 3567.466667, 3493.559637, 3180.708341, 3026.374589 ] }, { "date": "2025-08-01", "close": 3935.939941, "volume": 1137, "typical_volume": 1418.95, "trend": 2916.655339, "fair_value": 1625.52045, "relative_strength": 51.370515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.272966, "energy": 72.168035, "activity_lines": [ 3697.713314, 3589.589444, 3280.175525, 3095.855187 ] }, { "date": "2025-08-08", "close": 3828.0, "volume": 3518, "typical_volume": 1575.05, "trend": 2968.045337, "fair_value": 1640.231988, "relative_strength": 41.958861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.421916, "energy": 80.377222, "activity_lines": [ 3769.583984, 3649.917627, 3361.53443, 3154.651617 ] }, { "date": "2025-08-15", "close": 3660.0, "volume": 67, "typical_volume": 1569.0, "trend": 3007.764673, "fair_value": 1654.975578, "relative_strength": 33.243463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.222345, "energy": 82.594174, "activity_lines": [ 3759.987988, 3667.863991, 3420.121905, 3199.293853 ] }, { "date": "2025-08-22", "close": 3531.600098, "volume": 382, "typical_volume": 1572.4, "trend": 3041.484676, "fair_value": 1669.243207, "relative_strength": 25.053604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.327266, "energy": 61.046021, "activity_lines": [ 3689.592025, 3657.374192, 3460.679295, 3233.089687 ] }, { "date": "2025-08-29", "close": 3867.0, "volume": 1181, "typical_volume": 1188.0, "trend": 3076.718009, "fair_value": 1686.345771, "relative_strength": 36.231458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.437189, "energy": 58.301052, "activity_lines": [ 3735.556022, 3702.873464, 3525.862388, 3286.34874 ] }, { "date": "2025-09-05", "close": 3948.0, "volume": 145, "typical_volume": 1138.65, "trend": 3091.118009, "fair_value": 1703.223976, "relative_strength": 33.111039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.078856, "energy": 60.653789, "activity_lines": [ 3796.72002, 3756.172736, 3590.527768, 3342.560481 ] }, { "date": "2025-09-12", "close": 4225.0, "volume": 3382, "typical_volume": 1263.0, "trend": 3115.791008, "fair_value": 1722.564553, "relative_strength": 37.286638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.802663, "energy": 70.439239, "activity_lines": [ 3949.413346, 3853.508372, 3673.110291, 3415.714158 ] }, { "date": "2025-09-19", "close": 4063.0, "volume": 4434, "typical_volume": 1479.3, "trend": 3146.641008, "fair_value": 1741.538912, "relative_strength": 31.4948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.549404, "energy": 73.249925, "activity_lines": [ 4021.640007, 3907.225826, 3730.788052, 3476.824416 ] }, { "date": "2025-09-26", "close": 4071.0, "volume": 19, "typical_volume": 1265.55, "trend": 3182.507674, "fair_value": 1760.250451, "relative_strength": 27.741487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.980553, "energy": 80.648725, "activity_lines": [ 4069.666667, 3950.161461, 3781.642004, 3536.46048 ] }, { "date": "2025-10-03", "close": 4000.0, "volume": 644, "typical_volume": 1204.7, "trend": 3232.007674, "fair_value": 1777.917182, "relative_strength": 24.524995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.254985, "energy": 66.579877, "activity_lines": [ 4058.066667, 3971.62437, 3818.47867, 3589.20192 ] }, { "date": "2025-10-10", "close": 4118.0, "volume": 175, "typical_volume": 1206.8, "trend": 3292.874341, "fair_value": 1798.032566, "relative_strength": 29.577449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.644294, "energy": 61.278944, "activity_lines": [ 4076.933333, 4008.90546, 3862.062956, 3646.362715 ] }, { "date": "2025-10-17", "close": 3807.26001, "volume": 6731, "typical_volume": 1437.7, "trend": 3339.583008, "fair_value": 1815.482951, "relative_strength": 16.341998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.728771, "energy": 41.384445, "activity_lines": [ 3980.88667, 3986.378187, 3870.975576, 3679.548887 ] }, { "date": "2025-10-24", "close": 4036.0, "volume": 1276, "typical_volume": 1477.55, "trend": 3392.72701, "fair_value": 1834.2009, "relative_strength": 23.160644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.8823, "energy": 37.756816, "activity_lines": [ 3988.936003, 4005.817094, 3898.671718, 3724.479016 ] }, { "date": "2025-10-31", "close": 4655.740234, "volume": 1734, "typical_volume": 1498.0, "trend": 3481.418351, "fair_value": 1858.801286, "relative_strength": 36.477127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.674844, "energy": 61.901286, "activity_lines": [ 4205.365413, 4131.09968, 3982.266978, 3805.96374 ] }, { "date": "2025-11-07", "close": 4152.0, "volume": 411, "typical_volume": 1410.9, "trend": 3548.54235, "fair_value": 1878.725068, "relative_strength": 19.265759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.594498, "energy": 46.895329, "activity_lines": [ 4214.89873, 4144.354221, 4011.22631, 3849.227072 ] }, { "date": "2025-11-14", "close": 3873.899902, "volume": 688, "typical_volume": 1425.25, "trend": 3605.31901, "fair_value": 1897.739682, "relative_strength": 12.107914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.657564, "energy": 40.929686, "activity_lines": [ 4121.598681, 4101.86329, 4010.52849, 3870.217882 ] }, { "date": "2025-11-21", "close": 3376.0, "volume": 2080, "typical_volume": 1518.3, "trend": 3643.352344, "fair_value": 1913.553785, "relative_strength": -2.007502, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 4.206102, "energy": 5.983123, "activity_lines": [ 3878.605338, 3970.192378, 3961.107346, 3855.423107 ] }, { "date": "2025-11-28", "close": 3604.0, "volume": 153, "typical_volume": 1512.6, "trend": 3681.152344, "fair_value": 1930.592246, "relative_strength": 1.234609, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -5.189038, "energy": 23.562058, "activity_lines": [ 3740.362663, 3895.412376, 3933.733822, 3852.884246 ] }, { "date": "2025-12-05", "close": 3647.649902, "volume": 4778, "typical_volume": 1748.0, "trend": 3717.828337, "fair_value": 1947.691925, "relative_strength": 2.343655, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.239328, "energy": 33.588525, "activity_lines": [ 3645.469954, 3836.914173, 3909.498383, 3850.722798 ] }, { "date": "2025-12-12", "close": 3730.0, "volume": 93, "typical_volume": 1651.4, "trend": 3740.26167, "fair_value": 1965.481733, "relative_strength": 2.033237, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.236382, "energy": 34.909524, "activity_lines": [ 3645.233301, 3801.085991, 3892.878906, 3851.508067 ] }, { "date": "2025-12-19", "close": 3543.570068, "volume": 2335, "typical_volume": 1711.3, "trend": 3756.655672, "fair_value": 1982.312182, "relative_strength": -2.300235, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.900564, "energy": 49.183178, "activity_lines": [ 3610.98667, 3736.270548, 3858.313722, 3838.818286 ] }, { "date": "2025-12-26", "close": 3615.399902, "volume": 1153, "typical_volume": 1593.05, "trend": 3771.269002, "fair_value": 1999.844297, "relative_strength": -3.194128, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.864013, "energy": 29.390073, "activity_lines": [ 3622.705306, 3694.959255, 3832.457902, 3829.705011 ] }, { "date": "2026-01-02", "close": 3493.0, "volume": 82, "typical_volume": 1593.8, "trend": 3775.035335, "fair_value": 2017.350707, "relative_strength": -4.594593, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.587166, "energy": 32.010071, "activity_lines": [ 3577.663981, 3634.8818, 3795.95733, 3811.752172 ] }, { "date": "2026-01-09", "close": 3301.129883, "volume": 1174, "typical_volume": 1633.4, "trend": 3776.506331, "fair_value": 2033.223335, "relative_strength": -12.571456, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.342489, "energy": 50.144176, "activity_lines": [ 3476.06595, 3549.791597, 3741.978652, 3781.177627 ] }, { "date": "2026-01-16", "close": 3300.0, "volume": 163, "typical_volume": 1582.5, "trend": 3770.306331, "fair_value": 2048.896412, "relative_strength": -13.997265, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.823618, "energy": 68.456517, "activity_lines": [ 3397.192627, 3489.12524, 3688.989843, 3750.435283 ] }, { "date": "2026-01-23", "close": 3112.879883, "volume": 653, "typical_volume": 1607.9, "trend": 3754.068994, "fair_value": 2062.446924, "relative_strength": -20.035726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.448709, "energy": 80.592605, "activity_lines": [ 3284.612598, 3409.927952, 3620.88007, 3708.020673 ] }, { "date": "2026-01-30", "close": 3082.0, "volume": 1637, "typical_volume": 1520.65, "trend": 3741.935661, "fair_value": 2074.652052, "relative_strength": -19.880234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.468439, "energy": 82.308621, "activity_lines": [ 3190.451953, 3338.952868, 3553.806119, 3664.661383 ] }, { "date": "2026-02-06", "close": 2910.5, "volume": 191, "typical_volume": 1308.5, "trend": 3725.952327, "fair_value": 2086.193719, "relative_strength": -27.14216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.197358, "energy": 90.569013, "activity_lines": [ 3074.684635, 3242.14142, 3475.841691, 3611.020373 ] }, { "date": "2026-02-13", "close": 3390.0, "volume": 4737, "typical_volume": 1544.4, "trend": 3718.952327, "fair_value": 2100.424488, "relative_strength": -15.443091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.757244, "energy": 67.936848, "activity_lines": [ 3157.583984, 3245.120881, 3449.032025, 3589.346029 ] }, { "date": "2026-02-20", "close": 3050.0, "volume": 1222, "typical_volume": 1573.3, "trend": 3697.618994, "fair_value": 2112.860385, "relative_strength": -23.467025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.190442, "energy": 63.543494, "activity_lines": [ 3121.225326, 3190.966704, 3393.084265, 3546.187814 ] }, { "date": "2026-02-27", "close": 3000.0, "volume": 5, "typical_volume": 1564.8, "trend": 3666.420996, "fair_value": 2124.924488, "relative_strength": -24.2919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.617374, "energy": 58.518785, "activity_lines": [ 3084.866667, 3140.085254, 3336.898408, 3501.180137 ] }, { "date": "2026-03-06", "close": 3455.719971, "volume": 1290, "typical_volume": 1292.75, "trend": 3654.011662, "fair_value": 2140.204744, "relative_strength": -7.609321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.058026, "energy": 32.136724, "activity_lines": [ 3207.93999, 3181.945073, 3329.438264, 3487.586523 ] }, { "date": "2026-03-13", "close": 3685.0, "volume": 2439, "typical_volume": 1350.9, "trend": 3654.844995, "fair_value": 2156.903462, "relative_strength": 0.584893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.287024, "energy": 15.01711, "activity_lines": [ 3382.525326, 3268.395441, 3345.488313, 3489.585771 ] }, { "date": "2026-03-20", "close": 4000.0, "volume": 1160, "typical_volume": 1322.2, "trend": 3670.458325, "fair_value": 2175.756026, "relative_strength": 11.121395, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.916514, "energy": 27.941187, "activity_lines": [ 3610.477328, 3408.627628, 3393.20979, 3511.853835 ] }, { "date": "2026-03-27", "close": 4000.0, "volume": 0, "typical_volume": 1301.65, "trend": 3674.891658, "fair_value": 2194.243206, "relative_strength": 6.358296, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.027634, "energy": 45.922098, "activity_lines": [ 3797.762663, 3536.153085, 3444.05384, 3533.114589 ] }, { "date": "2026-04-03", "close": 4000.0, "volume": 0, "typical_volume": 1267.25, "trend": 3676.624992, "fair_value": 2212.730385, "relative_strength": 1.113999, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.757167, "energy": 62.433082, "activity_lines": [ 3921.714665, 3650.95127, 3495.621699, 3554.08932 ] }, { "date": "2026-04-10", "close": 2898.0, "volume": 1532, "typical_volume": 1239.85, "trend": 3632.391658, "fair_value": 2223.711154, "relative_strength": -27.075787, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -28.324947, "energy": 27.238779, "activity_lines": [ 3611.666667, 3549.256361, 3441.636701, 3503.85545 ] }, { "date": "2026-04-17", "close": 3407.0, "volume": 396, "typical_volume": 1252.0, "trend": 3610.524992, "fair_value": 2238.320129, "relative_strength": -14.253219, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -22.798163, "energy": 11.757089, "activity_lines": [ 3508.466667, 3543.452362, 3438.404084, 3489.314053 ] }, { "date": "2026-04-24", "close": 3520.0, "volume": 2189, "typical_volume": 1122.55, "trend": 3592.158325, "fair_value": 2253.986795, "relative_strength": -10.991528, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -27.30714, "energy": 19.764114, "activity_lines": [ 3461.466667, 3549.166544, 3446.871467, 3483.47373 ] }, { "date": "2026-05-01", "close": 3708.0, "volume": 685, "typical_volume": 1152.15, "trend": 3582.424992, "fair_value": 2272.723975, "relative_strength": -4.674628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.048716, "energy": 15.506906, "activity_lines": [ 3509.133333, 3586.698908, 3473.851468, 3490.947387 ] }, { "date": "2026-05-08", "close": 3400.0, "volume": 6032, "typical_volume": 1337.0, "trend": 3558.491659, "fair_value": 2289.134231, "relative_strength": -15.195242, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.153869, "energy": 15.670608, "activity_lines": [ 3473.6, 3556.267636, 3471.602898, 3479.178033 ] }, { "date": "2026-05-15", "close": 3449.0, "volume": 5695, "typical_volume": 1564.1, "trend": 3546.549658, "fair_value": 2304.525257, "relative_strength": -11.536304, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.789828, "energy": 9.214874, "activity_lines": [ 3494.4, 3527.472727, 3474.704662, 3472.114055 ] }, { "date": "2026-05-22", "close": 3665.189941, "volume": 1484, "typical_volume": 1634.2, "trend": 3534.189323, "fair_value": 2321.090577, "relative_strength": -6.525892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.529933, "energy": 11.344926, "activity_lines": [ 3550.52998, 3538.107262, 3499.188324, 3479.768266 ] }, { "date": "2026-05-29", "close": 4180.680176, "volume": 836, "typical_volume": 1617.3, "trend": 3518.353988, "fair_value": 2339.941091, "relative_strength": 6.011327, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.189625, "energy": 48.557509, "activity_lines": [ 3761.277376, 3642.827477, 3571.946343, 3521.477354 ] }, { "date": "2026-06-05", "close": 4334.609863, "volume": 272, "typical_volume": 1622.75, "trend": 3524.440983, "fair_value": 2360.797564, "relative_strength": 13.701565, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.377918, "energy": 72.339541, "activity_lines": [ 3979.289323, 3772.249813, 3655.175996, 3574.139023 ] }, { "date": "2026-06-12", "close": 3940.0, "volume": 202, "typical_volume": 1600.2, "trend": 3526.64432, "fair_value": 2378.611667, "relative_strength": 0.550113, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.292247, "energy": 66.973163, "activity_lines": [ 4023.990657, 3823.841087, 3695.897045, 3600.949282 ] }, { "date": "2026-06-19", "close": 4021.0, "volume": 0, "typical_volume": 1518.35, "trend": 3548.14432, "fair_value": 2397.336026, "relative_strength": 3.083194, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.792103, "energy": 69.710554, "activity_lines": [ 4059.691992, 3891.250541, 3740.393712, 3632.843197 ] }, { "date": "2026-06-26", "close": 3991.0, "volume": 57, "typical_volume": 1511.65, "trend": 3561.04432, "fair_value": 2415.635705, "relative_strength": 3.159367, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.046218, "energy": 60.075754, "activity_lines": [ 4047.259993, 3932.787269, 3777.561807, 3661.414531 ] }, { "date": "2026-07-03", "close": 4200.0, "volume": 0, "typical_volume": 1274.8, "trend": 3579.45599, "fair_value": 2435.635065, "relative_strength": 8.713534, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.064493, "energy": 42.408002, "activity_lines": [ 4082.773991, 4001.705815, 3829.489426, 3702.637478 ] }, { "date": "2026-07-10", "close": 4655.0, "volume": 655, "typical_volume": 1246.45, "trend": 3610.289323, "fair_value": 2458.167116, "relative_strength": 21.105069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.833111, "energy": 70.473645, "activity_lines": [ 4268.666667, 4140.987997, 3920.893236, 3772.027415 ] }, { "date": "2026-07-17", "close": 4807.0, "volume": 507, "typical_volume": 1271.55, "trend": 3652.403654, "fair_value": 2481.737629, "relative_strength": 24.462126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.92847, "energy": 85.221451, "activity_lines": [ 4483.866667, 4290.688361, 4019.130379, 3849.234555 ] }, { "date": "2026-07-24", "close": 4579.0, "volume": 153, "typical_volume": 1214.7, "trend": 3684.523657, "fair_value": 2503.979552, "relative_strength": 18.825405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.122806, "energy": 81.465633, "activity_lines": [ 4565.266667, 4373.352361, 4087.048475, 3909.014964 ] }, { "date": "2026-07-31", "close": 4630.0, "volume": 44, "typical_volume": 1094.95, "trend": 3722.423657, "fair_value": 2525.614167, "relative_strength": 19.155062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.073279, "energy": 83.196661, "activity_lines": [ 4626.466667, 4444.743635, 4154.47476, 3970.013438 ] }, { "date": "2026-08-07", "close": 5183.0, "volume": 2773, "typical_volume": 1175.6, "trend": 3785.152661, "fair_value": 2550.793654, "relative_strength": 32.87686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.318613, "energy": 95.037338, "activity_lines": [ 4829.4, 4599.138361, 4270.067713, 4064.24417 ] } ], "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." } } }