{ "ticker": { "uuid": "064912ca-d6b6-48dc-9b48-900d3c25bbae", "symbol": "XD5E", "name": "Xtrackers MSCI EMU UCITS ETF 1D", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "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": "^FTSE", "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": 80.762, "architecture_energy": 55.517, "architecture_maturity": 53.966, "architecture_confidence": 70.31, "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": 22.32, "rotation_up": 50.74, "upward_expansion": 79.3, "deceleration": 68.71, "rotation_down": 27.37, "downward_expansion": 8.3 }, "activity_lines": [ 5967.6, 5951.672727, 5863.92381, 5771.292168 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 6109.5, "trend_reference": 5677.915169, "distance_from_trend": 0.076011, "trend_direction": "Improving", "fair_value": 4767.947178, "distance_from_fair_value": 0.281369, "fair_value_direction": "Improving", "relative_strength": 2.345412, "relative_strength_direction": "Improving", "price_momentum": 0.091335, "excess_performance": 0.0401, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076011, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034282, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.281369, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.066105, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.023454, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.022991, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.091335, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.618188, "read": "Demand-led" } ], "volume": { "latest": 10165, "relative_activity": 0.408393, "balance": 2.618188, "dry_up": 1.24155, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.021106, "annualized_volatility": 0.173554, "from_high_reference": -0.001033, "from_low_reference": 0.236987 }, "levels": { "trend_reference": 5677.915169, "fair_value_reference": 4767.947178, "structural_low": 5146.881836, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": 0.014128, "positive_rate": 0.606061, "directional_follow_through": 0.606061, "median_excess_return": 0.0029, "regime_survival": 0.727273, "best_return": 0.105932, "worst_return": -0.101466, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.045825, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": 0.001717, "regime_survival": 0.454545, "best_return": 0.082387, "worst_return": -0.071504, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.094172, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.010511, "regime_survival": 0.5, "best_return": 0.130436, "worst_return": 0.031948, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.131873, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.001368, "regime_survival": 0.25, "best_return": 0.213235, "worst_return": -0.150322, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-08-02", "tenure": "Developing", "return": -0.036649, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-09-06", "tenure": "Developing", "return": -0.017371, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-01-10", "tenure": "Established", "return": 0.016572, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.016196, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.052215, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.097607, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-09-05", "tenure": "Established", "return": 0.01205, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-03", "tenure": "New", "return": 0.047744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-11-21", "tenure": "Developing", "return": 0.005129, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": 0.01975, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": -0.012474, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.090009, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-22", "tenure": "Developing", "return": 0.004281, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.05309, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3939.698242, "volume": 26079, "typical_volume": 147518.45, "trend": 4066.919458, "fair_value": 3801.39168, "relative_strength": 6.088585, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.202547, "energy": 9.776415, "activity_lines": [ 4054.318848, 4067.936275, 4072.284907, 4070.173757 ] }, { "date": "2023-08-25", "close": 3889.645264, "volume": 13199, "typical_volume": 138281.35, "trend": 4063.41779, "fair_value": 3804.998227, "relative_strength": 3.372918, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.106154, "energy": 47.388981, "activity_lines": [ 3987.409945, 4035.636976, 4053.754468, 4058.736712 ] }, { "date": "2023-09-01", "close": 3934.368164, "volume": 9607, "typical_volume": 138495.75, "trend": 4055.637012, "fair_value": 3809.269101, "relative_strength": 2.577279, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.155071, "energy": 59.323876, "activity_lines": [ 3953.266699, 4015.090541, 4040.340231, 4050.41093 ] }, { "date": "2023-09-08", "close": 3900.888428, "volume": 184257, "typical_volume": 141310.9, "trend": 4051.287557, "fair_value": 3812.08523, "relative_strength": 1.322218, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.991569, "energy": 68.360924, "activity_lines": [ 3924.42207, 3989.203249, 4024.809574, 4040.42715 ] }, { "date": "2023-09-15", "close": 3959.103027, "volume": 120869, "typical_volume": 133967.4, "trend": 4045.531405, "fair_value": 3815.607364, "relative_strength": -0.431966, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.714228, "energy": 63.593786, "activity_lines": [ 3928.077474, 3977.639879, 4016.118948, 4034.479761 ] }, { "date": "2023-09-22", "close": 3922.625, "volume": 52738, "typical_volume": 131127.3, "trend": 4041.864884, "fair_value": 3819.927774, "relative_strength": -1.145962, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.330565, "energy": 52.048573, "activity_lines": [ 3927.372266, 3959.245747, 4004.756309, 4026.550315 ] }, { "date": "2023-09-29", "close": 3874.154541, "volume": 18890, "typical_volume": 128023.95, "trend": 4033.660124, "fair_value": 3823.687849, "relative_strength": -1.543159, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.943623, "energy": 49.23981, "activity_lines": [ 3911.648454, 3935.301305, 3989.624765, 4015.730293 ] }, { "date": "2023-10-06", "close": 3811.192627, "volume": 91680, "typical_volume": 129176.4, "trend": 4026.379118, "fair_value": 3826.37385, "relative_strength": -1.820592, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.711199, "energy": 59.376428, "activity_lines": [ 3875.970052, 3905.061262, 3969.52384, 4001.377552 ] }, { "date": "2023-10-13", "close": 3805.196289, "volume": 4996, "typical_volume": 93939.2, "trend": 4025.101359, "fair_value": 3829.135025, "relative_strength": -3.431702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.772922, "energy": 70.828546, "activity_lines": [ 3846.504574, 3880.45922, 3950.42249, 3987.107692 ] }, { "date": "2023-10-20", "close": 3726.244141, "volume": 2114, "typical_volume": 93892.9, "trend": 4019.318424, "fair_value": 3831.698929, "relative_strength": -3.003206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.670983, "energy": 82.306872, "activity_lines": [ 3797.101188, 3846.813508, 3925.156063, 3967.826581 ] }, { "date": "2023-10-27", "close": 3724.245117, "volume": 213849, "typical_volume": 101022.25, "trend": 4007.732007, "fair_value": 3835.808589, "relative_strength": -1.69128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.806932, "energy": 84.720877, "activity_lines": [ 3762.555387, 3819.165061, 3901.272378, 3948.789593 ] }, { "date": "2023-11-03", "close": 3857.664551, "volume": 306943, "typical_volume": 100269.05, "trend": 4000.66783, "fair_value": 3839.294939, "relative_strength": -0.046099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.193667, "energy": 67.731397, "activity_lines": [ 3785.708057, 3819.692023, 3891.428161, 3939.107822 ] }, { "date": "2023-11-10", "close": 3889.895264, "volume": 448273, "typical_volume": 122293.9, "trend": 3991.680518, "fair_value": 3841.645359, "relative_strength": 1.486223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.439113, "energy": 44.91896, "activity_lines": [ 3820.70363, 3826.660582, 3885.754293, 3931.961205 ] }, { "date": "2023-11-17", "close": 4027.311768, "volume": 134958, "typical_volume": 128261.85, "trend": 3986.824146, "fair_value": 3844.761439, "relative_strength": 2.924606, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.404954, "energy": 15.766977, "activity_lines": [ 3896.257862, 3859.422559, 3893.574965, 3934.259995 ] }, { "date": "2023-11-24", "close": 4024.563477, "volume": 12602, "typical_volume": 119533.7, "trend": 3983.391561, "fair_value": 3847.272638, "relative_strength": 2.914004, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.982362, "energy": 24.670168, "activity_lines": [ 3956.088298, 3889.38624, 3901.511259, 3936.694791 ] }, { "date": "2023-12-01", "close": 4030.060059, "volume": 42990, "typical_volume": 121219.4, "trend": 3981.041431, "fair_value": 3849.71026, "relative_strength": 2.322141, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.384148, "energy": 40.013658, "activity_lines": [ 3997.862972, 3919.159109, 3909.607359, 3939.705662 ] }, { "date": "2023-12-08", "close": 4113.509277, "volume": 17721, "typical_volume": 118228.05, "trend": 3981.830981, "fair_value": 3852.572402, "relative_strength": 3.891278, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.098559, "energy": 61.943888, "activity_lines": [ 4047.06639, 3962.151199, 3925.993873, 3948.251974 ] }, { "date": "2023-12-15", "close": 4152.486328, "volume": 307276, "typical_volume": 129961.55, "trend": 3982.21285, "fair_value": 3855.561181, "relative_strength": 4.362821, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.90287, "energy": 73.408205, "activity_lines": [ 4092.205843, 4007.878121, 3946.302042, 3959.261997 ] }, { "date": "2023-12-22", "close": 4157.982422, "volume": 47423, "typical_volume": 116044.15, "trend": 3984.493164, "fair_value": 3858.764412, "relative_strength": 2.673404, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.665619, "energy": 74.244715, "activity_lines": [ 4121.671257, 4048.398992, 3967.270599, 3970.601969 ] }, { "date": "2023-12-29", "close": 4183.217285, "volume": 2343, "typical_volume": 102940.35, "trend": 3988.713721, "fair_value": 3861.996588, "relative_strength": 2.651491, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.850233, "energy": 80.662649, "activity_lines": [ 4150.836914, 4087.093728, 3990.353588, 3983.42288 ] }, { "date": "2024-01-05", "close": 4093.77124, "volume": 4824, "typical_volume": 101877.6, "trend": 3991.701278, "fair_value": 3863.978523, "relative_strength": 0.913307, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.938733, "energy": 70.195842, "activity_lines": [ 4139.610303, 4101.216943, 4004.407747, 3990.200784 ] }, { "date": "2024-01-12", "close": 4099.518555, "volume": 125662, "typical_volume": 107500.75, "trend": 3992.057772, "fair_value": 3866.598965, "relative_strength": 1.809718, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.236927, "energy": 61.870627, "activity_lines": [ 4126.052051, 4109.666468, 4018.27559, 3997.156738 ] }, { "date": "2024-01-19", "close": 4066.28833, "volume": 1460507, "typical_volume": 180045.75, "trend": 3995.086768, "fair_value": 3868.943984, "relative_strength": 3.044795, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.010961, "energy": 43.111178, "activity_lines": [ 4102.349772, 4107.676789, 4027.979252, 4001.945806 ] }, { "date": "2024-01-26", "close": 4186.964844, "volume": 12359, "typical_volume": 171450.85, "trend": 3997.766992, "fair_value": 3872.920262, "relative_strength": 3.568118, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.67451, "energy": 48.257345, "activity_lines": [ 4124.619531, 4124.421147, 4048.547724, 4014.325037 ] }, { "date": "2024-02-02", "close": 4182.21875, "volume": 5642, "typical_volume": 165689.5, "trend": 4005.567904, "fair_value": 3876.05003, "relative_strength": 3.635205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.959745, "energy": 54.737543, "activity_lines": [ 4143.375098, 4137.399796, 4067.301918, 4026.22515 ] }, { "date": "2024-02-09", "close": 4214.44873, "volume": 113688, "typical_volume": 168737.0, "trend": 4009.314111, "fair_value": 3879.191181, "relative_strength": 4.853857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.669146, "energy": 72.936664, "activity_lines": [ 4172.94056, 4153.371981, 4088.063179, 4039.701333 ] }, { "date": "2024-02-16", "close": 4273.662598, "volume": 10505, "typical_volume": 168317.75, "trend": 4013.185677, "fair_value": 3882.916728, "relative_strength": 4.265684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.56332, "energy": 92.474211, "activity_lines": [ 4214.198812, 4176.757804, 4113.074219, 4056.756074 ] }, { "date": "2024-02-23", "close": 4321.09082, "volume": 2034, "typical_volume": 163835.45, "trend": 4017.847168, "fair_value": 3887.400752, "relative_strength": 5.31042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.829244, "energy": 93.679119, "activity_lines": [ 4259.656868, 4205.85506, 4140.699813, 4076.620922 ] }, { "date": "2024-03-01", "close": 4346.076172, "volume": 18193, "typical_volume": 164495.3, "trend": 4026.139176, "fair_value": 3892.025735, "relative_strength": 6.066482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.021726, "energy": 94.083234, "activity_lines": [ 4296.456543, 4236.429572, 4168.276878, 4097.796986 ] }, { "date": "2024-03-08", "close": 4370.062988, "volume": 9754, "typical_volume": 164877.3, "trend": 4035.938477, "fair_value": 3895.975591, "relative_strength": 6.775045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.726431, "energy": 93.58907, "activity_lines": [ 4330.644401, 4267.945437, 4195.562782, 4119.985619 ] }, { "date": "2024-03-15", "close": 4415.037598, "volume": 14151, "typical_volume": 154892.4, "trend": 4051.783122, "fair_value": 3900.183339, "relative_strength": 6.746817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.446349, "energy": 94.454745, "activity_lines": [ 4367.300846, 4304.241309, 4224.06618, 4144.443627 ] }, { "date": "2024-03-22", "close": 4483.25, "volume": 656825, "typical_volume": 172386.5, "trend": 4071.569946, "fair_value": 3904.770743, "relative_strength": 5.468098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.762411, "energy": 95.580284, "activity_lines": [ 4413.322168, 4347.098229, 4255.776508, 4172.2802 ] }, { "date": "2024-03-29", "close": 4511.733887, "volume": 643, "typical_volume": 150005.0, "trend": 4090.81547, "fair_value": 3909.1983, "relative_strength": 5.720406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.858508, "energy": 93.968939, "activity_lines": [ 4454.865625, 4388.157102, 4287.220609, 4200.677874 ] }, { "date": "2024-04-05", "close": 4469.507813, "volume": 9772, "typical_volume": 143745.7, "trend": 4109.76945, "fair_value": 3912.743912, "relative_strength": 5.131023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.430038, "energy": 82.668149, "activity_lines": [ 4469.624186, 4413.439498, 4311.682043, 4225.109638 ] }, { "date": "2024-04-12", "close": 4412.289551, "volume": 2927, "typical_volume": 143261.95, "trend": 4124.875667, "fair_value": 3915.532299, "relative_strength": 2.603547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.689209, "energy": 67.159365, "activity_lines": [ 4457.081218, 4423.181428, 4328.588423, 4244.627063 ] }, { "date": "2024-04-19", "close": 4401.295898, "volume": 62016, "typical_volume": 144213.25, "trend": 4140.831364, "fair_value": 3918.245413, "relative_strength": 3.528703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.964443, "energy": 63.573275, "activity_lines": [ 4438.058594, 4426.741406, 4342.601474, 4262.460627 ] }, { "date": "2024-04-26", "close": 4492.744629, "volume": 27746, "typical_volume": 144714.5, "trend": 4161.451034, "fair_value": 3922.009756, "relative_strength": 2.412539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.688733, "energy": 65.369298, "activity_lines": [ 4450.434994, 4443.531206, 4363.556138, 4285.164708 ] }, { "date": "2024-05-03", "close": 4460.262695, "volume": 27971, "typical_volume": 130749.25, "trend": 4183.086703, "fair_value": 3925.228196, "relative_strength": 0.702785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.663498, "energy": 55.304263, "activity_lines": [ 4451.351107, 4450.431889, 4379.611403, 4304.44288 ] }, { "date": "2024-05-10", "close": 4626.42041, "volume": 32341, "typical_volume": 129995.15, "trend": 4210.46084, "fair_value": 3929.772617, "relative_strength": 1.649127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.275343, "energy": 69.252131, "activity_lines": [ 4511.084538, 4485.012669, 4410.025609, 4333.045055 ] }, { "date": "2024-05-17", "close": 4614.427246, "volume": 540982, "typical_volume": 156927.1, "trend": 4240.066943, "fair_value": 3934.158536, "relative_strength": 1.49695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.259872, "energy": 71.626753, "activity_lines": [ 4556.359407, 4512.315705, 4437.066953, 4359.107404 ] }, { "date": "2024-05-24", "close": 4579.196777, "volume": 187236, "typical_volume": 166047.7, "trend": 4268.565332, "fair_value": 3938.009739, "relative_strength": 1.913558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.255191, "energy": 70.54379, "activity_lines": [ 4576.414941, 4528.770215, 4458.699633, 4380.986748 ] }, { "date": "2024-05-31", "close": 4541.217773, "volume": 9081, "typical_volume": 160218.65, "trend": 4291.350439, "fair_value": 3941.468647, "relative_strength": 1.527632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.779201, "energy": 68.252088, "activity_lines": [ 4571.950748, 4535.334739, 4474.403714, 4398.577228 ] }, { "date": "2024-06-07", "close": 4577.447266, "volume": 6056, "typical_volume": 87496.1, "trend": 4314.26884, "fair_value": 3944.95174, "relative_strength": 2.616231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.475783, "energy": 59.426714, "activity_lines": [ 4576.33151, 4547.432484, 4491.454894, 4417.035087 ] }, { "date": "2024-06-14", "close": 4360.318848, "volume": 896, "typical_volume": 86922.95, "trend": 4325.369076, "fair_value": 3947.295851, "relative_strength": -1.070227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.27848, "energy": 23.977703, "activity_lines": [ 4500.523828, 4518.857546, 4485.393087, 4420.006056 ] }, { "date": "2024-06-21", "close": 4411.040527, "volume": 8911, "typical_volume": 87086.4, "trend": 4338.251644, "fair_value": 3949.622612, "relative_strength": -1.032087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.548698, "energy": 22.464052, "activity_lines": [ 4459.363477, 4501.489986, 4483.336421, 4425.533246 ] }, { "date": "2024-06-28", "close": 4404.293945, "volume": 7705, "typical_volume": 81787.25, "trend": 4350.726107, "fair_value": 3952.085374, "relative_strength": -0.272128, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.954056, "energy": 21.600371, "activity_lines": [ 4429.513379, 4482.918484, 4479.547596, 4429.79404 ] }, { "date": "2024-07-05", "close": 4475.754395, "volume": 5536, "typical_volume": 81538.8, "trend": 4362.800944, "fair_value": 3955.127845, "relative_strength": 0.848914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.864098, "energy": 21.235229, "activity_lines": [ 4435.14362, 4477.285281, 4481.660503, 4437.860381 ] }, { "date": "2024-07-12", "close": 4511.483887, "volume": 53143, "typical_volume": 84094.25, "trend": 4374.767529, "fair_value": 3958.618607, "relative_strength": 1.068749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.170204, "energy": 15.550162, "activity_lines": [ 4457.047917, 4478.457262, 4486.213876, 4447.452829 ] }, { "date": "2024-07-19", "close": 4361.567383, "volume": 24129, "typical_volume": 84391.05, "trend": 4381.553695, "fair_value": 3960.681048, "relative_strength": -1.098145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.262354, "energy": 11.775682, "activity_lines": [ 4433.377604, 4451.440403, 4475.582854, 4446.601207 ] }, { "date": "2024-07-26", "close": 4388.552734, "volume": 74640, "typical_volume": 87635.35, "trend": 4388.39821, "fair_value": 3963.026899, "relative_strength": -1.999587, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.247717, "energy": 9.341807, "activity_lines": [ 4418.619173, 4434.145481, 4467.448098, 4447.052757 ] }, { "date": "2024-08-02", "close": 4249.380371, "volume": 42346, "typical_volume": 89045.1, "trend": 4393.585181, "fair_value": 3964.082114, "relative_strength": -3.744145, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.935311, "energy": 50.163067, "activity_lines": [ 4358.969141, 4395.653303, 4445.970784, 4438.083865 ] }, { "date": "2024-08-09", "close": 4286.609863, "volume": 3862, "typical_volume": 56396.95, "trend": 4399.821558, "fair_value": 3964.931069, "relative_strength": -2.763749, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.855319, "energy": 63.346113, "activity_lines": [ 4322.05651, 4369.926784, 4428.827981, 4431.182231 ] }, { "date": "2024-08-16", "close": 4406.29248, "volume": 54490, "typical_volume": 59089.3, "trend": 4411.155029, "fair_value": 3966.880103, "relative_strength": -1.729032, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.01233, "energy": 50.899031, "activity_lines": [ 4337.647721, 4370.589977, 4424.019903, 4431.59971 ] }, { "date": "2024-08-23", "close": 4335.606445, "volume": 47201, "typical_volume": 60960.75, "trend": 4416.109749, "fair_value": 3968.151967, "relative_strength": -3.463544, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.94397, "energy": 46.908291, "activity_lines": [ 4336.689681, 4361.513068, 4412.981924, 4426.725608 ] }, { "date": "2024-08-30", "close": 4363.847656, "volume": 1, "typical_volume": 60814.45, "trend": 4422.164046, "fair_value": 3969.54565, "relative_strength": -3.379698, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.415384, "energy": 24.16987, "activity_lines": [ 4346.876106, 4358.020241, 4405.27121, 4423.35386 ] }, { "date": "2024-09-06", "close": 4212.146484, "volume": 1945, "typical_volume": 57810.9, "trend": 4422.087305, "fair_value": 3970.296576, "relative_strength": -4.491419, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.85171, "energy": 43.325157, "activity_lines": [ 4308.14248, 4327.803435, 4383.343441, 4409.80434 ] }, { "date": "2024-09-13", "close": 4298.119629, "volume": 53491, "typical_volume": 59098.15, "trend": 4422.902539, "fair_value": 3971.888285, "relative_strength": -3.642108, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.019518, "energy": 47.808555, "activity_lines": [ 4300.548828, 4316.711701, 4370.504301, 4401.806425 ] }, { "date": "2024-09-20", "close": 4287.622559, "volume": 228257, "typical_volume": 69112.45, "trend": 4421.78693, "fair_value": 3973.139035, "relative_strength": -3.410144, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.324997, "energy": 54.102621, "activity_lines": [ 4288.688835, 4306.941131, 4357.592227, 4393.078685 ] }, { "date": "2024-09-27", "close": 4417.330566, "volume": 7835, "typical_volume": 67887.15, "trend": 4424.162077, "fair_value": 3976.013448, "relative_strength": -1.650012, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.468843, "energy": 28.493937, "activity_lines": [ 4327.976172, 4324.824041, 4357.855392, 4392.791177 ] }, { "date": "2024-10-04", "close": 4340.355469, "volume": 11167, "typical_volume": 41396.4, "trend": 4423.171826, "fair_value": 3978.328815, "relative_strength": -2.948744, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.868459, "energy": 20.059026, "activity_lines": [ 4336.156869, 4327.697603, 4351.783261, 4387.384299 ] }, { "date": "2024-10-11", "close": 4372.095215, "volume": 65, "typical_volume": 32037.85, "trend": 4421.740413, "fair_value": 3980.407525, "relative_strength": -2.02161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.875512, "energy": 18.229089, "activity_lines": [ 4356.483626, 4337.218342, 4350.039067, 4384.089034 ] }, { "date": "2024-10-18", "close": 4357.350098, "volume": 15961, "typical_volume": 32381.85, "trend": 4417.54375, "fair_value": 3982.183664, "relative_strength": -3.635471, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.500043, "energy": 19.863047, "activity_lines": [ 4361.232097, 4341.826971, 4347.876774, 4379.93482 ] }, { "date": "2024-10-25", "close": 4310.864746, "volume": 5253, "typical_volume": 32341.7, "trend": 4410.848112, "fair_value": 3983.490574, "relative_strength": -3.438546, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.425378, "energy": 17.387331, "activity_lines": [ 4346.536751, 4336.697532, 4342.162865, 4373.052304 ] }, { "date": "2024-11-01", "close": 4285.623047, "volume": 25146, "typical_volume": 33554.2, "trend": 4404.71862, "fair_value": 3983.611414, "relative_strength": -3.177279, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.152836, "energy": 27.800014, "activity_lines": [ 4321.878027, 4328.713743, 4335.314425, 4364.973267 ] }, { "date": "2024-11-08", "close": 4193.152344, "volume": 158274, "typical_volume": 41022.35, "trend": 4397.414046, "fair_value": 3983.150696, "relative_strength": -4.005732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.407734, "energy": 61.91294, "activity_lines": [ 4275.176237, 4304.825888, 4320.014946, 4351.32383 ] }, { "date": "2024-11-15", "close": 4209.647949, "volume": 276989, "typical_volume": 54486.55, "trend": 4391.025781, "fair_value": 3983.282244, "relative_strength": -3.472801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.850924, "energy": 71.40415, "activity_lines": [ 4243.786523, 4287.040785, 4307.32404, 4339.209888 ] }, { "date": "2024-11-22", "close": 4193.902344, "volume": 58459, "typical_volume": 57132.7, "trend": 4381.064372, "fair_value": 3984.455555, "relative_strength": -6.044557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.019007, "energy": 76.787503, "activity_lines": [ 4217.978093, 4266.438272, 4294.060438, 4326.492247 ] }, { "date": "2024-11-29", "close": 4211.646484, "volume": 475133, "typical_volume": 78232.2, "trend": 4372.777165, "fair_value": 3985.757014, "relative_strength": -5.843329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.550357, "energy": 72.767119, "activity_lines": [ 4208.980892, 4250.956827, 4283.828906, 4315.562061 ] }, { "date": "2024-12-06", "close": 4328.858887, "volume": 15001, "typical_volume": 77775.8, "trend": 4362.858447, "fair_value": 3987.05604, "relative_strength": -3.390098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.436784, "energy": 38.119419, "activity_lines": [ 4245.669043, 4258.168111, 4286.188258, 4312.728624 ] }, { "date": "2024-12-13", "close": 4325.110352, "volume": 255377, "typical_volume": 86812.65, "trend": 4353.214551, "fair_value": 3988.716736, "relative_strength": -3.284107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.297011, "energy": 19.448766, "activity_lines": [ 4278.225293, 4266.306419, 4288.346361, 4310.293263 ] }, { "date": "2024-12-20", "close": 4225.642578, "volume": 102502, "typical_volume": 89820.45, "trend": 4341.429411, "fair_value": 3989.282103, "relative_strength": -2.926669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.973607, "energy": 20.260772, "activity_lines": [ 4268.828418, 4256.636861, 4281.33345, 4302.062813 ] }, { "date": "2024-12-27", "close": 4248.634766, "volume": 18937, "typical_volume": 90574.2, "trend": 4331.676644, "fair_value": 3989.98365, "relative_strength": -3.111398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.435029, "energy": 20.44824, "activity_lines": [ 4266.029297, 4253.810476, 4276.623307, 4296.076062 ] }, { "date": "2025-01-03", "close": 4246.635254, "volume": 21295, "typical_volume": 88914.45, "trend": 4320.649577, "fair_value": 3990.737995, "relative_strength": -3.975818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.934527, "energy": 21.077159, "activity_lines": [ 4258.914844, 4252.597186, 4271.903569, 4290.58952 ] }, { "date": "2025-01-10", "close": 4369.346191, "volume": 71405, "typical_volume": 90124.65, "trend": 4320.950488, "fair_value": 3992.50141, "relative_strength": -1.466595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.677612, "energy": 5.580234, "activity_lines": [ 4290.371452, 4274.862784, 4279.630859, 4293.731237 ] }, { "date": "2025-01-17", "close": 4536.79248, "volume": 206477, "typical_volume": 100448.45, "trend": 4325.14222, "fair_value": 3995.727099, "relative_strength": -0.737437, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.404554, "energy": 47.340712, "activity_lines": [ 4374.944336, 4326.050923, 4303.14475, 4307.656527 ] }, { "date": "2025-01-24", "close": 4578.778809, "volume": 26412, "typical_volume": 101671.8, "trend": 4330.958382, "fair_value": 3999.91811, "relative_strength": 0.24955, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.085442, "energy": 73.360643, "activity_lines": [ 4459.400521, 4378.624938, 4329.833791, 4324.020178 ] }, { "date": "2025-01-31", "close": 4610.269043, "volume": 31463, "typical_volume": 100570.4, "trend": 4335.442204, "fair_value": 4004.075721, "relative_strength": -0.995271, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.546723, "energy": 90.514756, "activity_lines": [ 4530.811035, 4430.212979, 4357.776035, 4342.040221 ] }, { "date": "2025-02-07", "close": 4614.267578, "volume": 17923, "typical_volume": 90053.7, "trend": 4338.868327, "fair_value": 4008.078117, "relative_strength": -1.118431, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.038448, "energy": 90.480986, "activity_lines": [ 4579.445443, 4474.957724, 4384.612665, 4360.028955 ] }, { "date": "2025-02-14", "close": 4753.723145, "volume": 19658, "typical_volume": 90644.85, "trend": 4351.940186, "fair_value": 4013.533004, "relative_strength": 1.53244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.577556, "energy": 95.483476, "activity_lines": [ 4650.056218, 4537.737642, 4423.175326, 4386.793782 ] }, { "date": "2025-02-21", "close": 4678.003418, "volume": 3768, "typical_volume": 90274.9, "trend": 4361.588542, "fair_value": 4019.056251, "relative_strength": 0.832768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.968495, "energy": 87.894335, "activity_lines": [ 4669.801953, 4579.025533, 4452.924714, 4407.830119 ] }, { "date": "2025-02-28", "close": 4677.253418, "volume": 221, "typical_volume": 90282.7, "trend": 4375.850977, "fair_value": 4027.354614, "relative_strength": -0.779498, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.392991, "energy": 78.814637, "activity_lines": [ 4679.883626, 4613.760822, 4480.994827, 4428.195595 ] }, { "date": "2025-03-07", "close": 4785.974609, "volume": 20397, "typical_volume": 90504.5, "trend": 4392.496468, "fair_value": 4035.319239, "relative_strength": 3.116023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.943016, "energy": 76.909233, "activity_lines": [ 4719.640723, 4660.052495, 4517.966204, 4454.655184 ] }, { "date": "2025-03-14", "close": 4753.483398, "volume": 2001, "typical_volume": 90341.9, "trend": 4404.069499, "fair_value": 4041.764849, "relative_strength": 3.0574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.849545, "energy": 65.109739, "activity_lines": [ 4736.853711, 4690.666859, 4549.802111, 4477.944664 ] }, { "date": "2025-03-21", "close": 4753.233398, "volume": 2102, "typical_volume": 89189.7, "trend": 4417.990397, "fair_value": 4048.530541, "relative_strength": 2.936886, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.974478, "energy": 63.451561, "activity_lines": [ 4744.702311, 4712.020348, 4579.506501, 4500.471367 ] }, { "date": "2025-03-28", "close": 4665.256836, "volume": 6538, "typical_volume": 81602.9, "trend": 4428.03737, "fair_value": 4054.141724, "relative_strength": 0.994281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.086036, "energy": 55.473924, "activity_lines": [ 4723.25804, 4710.398331, 4598.605455, 4516.42404 ] }, { "date": "2025-04-04", "close": 4373.334473, "volume": 3560, "typical_volume": 67931.45, "trend": 4433.410303, "fair_value": 4058.408147, "relative_strength": 1.853527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.396626, "energy": 15.878723, "activity_lines": [ 4605.356087, 4653.363805, 4587.654162, 4512.894821 ] }, { "date": "2025-04-11", "close": 4396.578125, "volume": 36738, "typical_volume": 66845.4, "trend": 4436.692253, "fair_value": 4063.062027, "relative_strength": 3.561509, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.0408, "energy": 20.067207, "activity_lines": [ 4515.463281, 4604.290749, 4578.137091, 4510.518552 ] }, { "date": "2025-04-18", "close": 4505.799316, "volume": 44256, "typical_volume": 45301.55, "trend": 4443.964811, "fair_value": 4068.094363, "relative_strength": 2.187046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.427844, "energy": 28.212813, "activity_lines": [ 4487.937305, 4578.961381, 4578.056915, 4514.977072 ] }, { "date": "2025-04-25", "close": 4670.255371, "volume": 53483, "typical_volume": 47225.65, "trend": 4452.395638, "fair_value": 4074.889688, "relative_strength": 4.148348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.013185, "energy": 25.703075, "activity_lines": [ 4531.742285, 4585.505264, 4592.238493, 4529.576463 ] }, { "date": "2025-05-02", "close": 4802.470215, "volume": 24542, "typical_volume": 35683.9, "trend": 4467.799463, "fair_value": 4082.849492, "relative_strength": 4.781507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.581475, "energy": 29.120243, "activity_lines": [ 4625.150749, 4617.605806, 4617.386263, 4552.161919 ] }, { "date": "2025-05-09", "close": 4825.714355, "volume": 48856, "typical_volume": 33001.6, "trend": 4482.920101, "fair_value": 4090.793421, "relative_strength": 5.741396, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.530674, "energy": 61.773259, "activity_lines": [ 4717.1597, 4651.669522, 4642.474619, 4575.253203 ] }, { "date": "2025-05-16", "close": 4898.944336, "volume": 25516, "typical_volume": 33330.55, "trend": 4500.973242, "fair_value": 4099.480503, "relative_strength": 5.680354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.043627, "energy": 79.366382, "activity_lines": [ 4803.419987, 4696.348491, 4671.679773, 4602.093476 ] }, { "date": "2025-05-23", "close": 4847.958008, "volume": 31235, "typical_volume": 33827.55, "trend": 4518.876351, "fair_value": 4106.797053, "relative_strength": 4.159005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.730992, "energy": 77.060527, "activity_lines": [ 4839.19375, 4729.703223, 4692.932375, 4624.47959 ] }, { "date": "2025-05-30", "close": 4910.691406, "volume": 55158, "typical_volume": 33015.2, "trend": 4539.711963, "fair_value": 4114.736647, "relative_strength": 4.810925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.796355, "energy": 78.796668, "activity_lines": [ 4873.068066, 4772.746307, 4717.296145, 4649.75798 ] }, { "date": "2025-06-06", "close": 4958.178223, "volume": 22714, "typical_volume": 23827.05, "trend": 4565.212825, "fair_value": 4123.88187, "relative_strength": 5.017999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.022514, "energy": 79.240124, "activity_lines": [ 4906.742253, 4821.560485, 4743.604634, 4676.755804 ] }, { "date": "2025-06-13", "close": 4892.946289, "volume": 2529, "typical_volume": 22632.9, "trend": 4587.989437, "fair_value": 4133.521373, "relative_strength": 3.422013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.08649, "energy": 58.679909, "activity_lines": [ 4908.291927, 4853.188468, 4761.693959, 4697.899898 ] }, { "date": "2025-06-20", "close": 4867.703125, "volume": 8104, "typical_volume": 21464.95, "trend": 4610.449463, "fair_value": 4142.507628, "relative_strength": 3.706507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.382087, "energy": 49.72382, "activity_lines": [ 4896.945085, 4870.779297, 4775.883138, 4715.945943 ] }, { "date": "2025-06-27", "close": 4959.178223, "volume": 41528, "typical_volume": 22645.2, "trend": 4635.367188, "fair_value": 4152.438832, "relative_strength": 5.273423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.908036, "energy": 50.817364, "activity_lines": [ 4918.172689, 4896.436053, 4797.558354, 4738.444572 ] }, { "date": "2025-07-04", "close": 4994.918945, "volume": 52787, "typical_volume": 24301.65, "trend": 4657.569189, "fair_value": 4162.664776, "relative_strength": 5.665638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.336578, "energy": 53.912968, "activity_lines": [ 4943.899186, 4920.347869, 4820.995017, 4761.64146 ] }, { "date": "2025-07-11", "close": 5080.146484, "volume": 5460, "typical_volume": 24386.25, "trend": 4682.737061, "fair_value": 4173.507481, "relative_strength": 5.966016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.046806, "energy": 77.095837, "activity_lines": [ 4992.419694, 4953.852628, 4851.400037, 4788.904511 ] }, { "date": "2025-07-18", "close": 5072.647949, "volume": 589, "typical_volume": 24404.65, "trend": 4710.970573, "fair_value": 4183.6282, "relative_strength": 5.098914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.612519, "energy": 84.485587, "activity_lines": [ 5030.309472, 4980.945357, 4879.175944, 4814.060052 ] }, { "date": "2025-07-25", "close": 5131.632813, "volume": 56929, "typical_volume": 26231.25, "trend": 4740.403841, "fair_value": 4193.778061, "relative_strength": 4.702679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.900655, "energy": 90.176443, "activity_lines": [ 5075.880762, 5014.272905, 4910.686626, 4841.199552 ] }, { "date": "2025-08-01", "close": 4966.676758, "volume": 4871, "typical_volume": 26374.75, "trend": 4764.405225, "fair_value": 4202.721639, "relative_strength": 1.813244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.795338, "energy": 74.051348, "activity_lines": [ 5048.871387, 5013.377743, 4924.841216, 4855.797804 ] }, { "date": "2025-08-08", "close": 5103.140137, "volume": 29567, "typical_volume": 27748.0, "trend": 4788.865023, "fair_value": 4212.649865, "relative_strength": 4.163964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.500863, "energy": 59.395585, "activity_lines": [ 5066.849903, 5035.135582, 4950.977111, 4877.65167 ] }, { "date": "2025-08-15", "close": 5163.624023, "volume": 369, "typical_volume": 27439.55, "trend": 4809.759408, "fair_value": 4223.146735, "relative_strength": 4.769899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.454944, "energy": 62.209348, "activity_lines": [ 5097.774967, 5064.391424, 4981.207154, 4901.82967 ] }, { "date": "2025-08-22", "close": 5110.716309, "volume": 4234, "typical_volume": 27473.25, "trend": 4827.490658, "fair_value": 4234.105021, "relative_strength": 1.565995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.813865, "energy": 55.028912, "activity_lines": [ 5105.498958, 5080.292303, 5004.025191, 4921.246244 ] }, { "date": "2025-08-29", "close": 4978.723633, "volume": 23, "typical_volume": 25637.5, "trend": 4839.772477, "fair_value": 4244.095514, "relative_strength": 0.312196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.021287, "energy": 44.094307, "activity_lines": [ 5066.6875, 5068.235059, 5010.761154, 4931.00321 ] }, { "date": "2025-09-05", "close": 4957.975098, "volume": 14067, "typical_volume": 24128.05, "trend": 4851.229395, "fair_value": 4253.730444, "relative_strength": -0.416218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.999387, "energy": 32.382534, "activity_lines": [ 5031.153809, 5050.386799, 5012.748944, 4938.629186 ] }, { "date": "2025-09-12", "close": 5019.22168, "volume": 3737, "typical_volume": 21640.75, "trend": 4860.079346, "fair_value": 4264.039782, "relative_strength": -0.076747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.845374, "energy": 22.785076, "activity_lines": [ 5016.615755, 5043.696156, 5018.416525, 4949.467398 ] }, { "date": "2025-09-19", "close": 5091.717285, "volume": 10629, "typical_volume": 20945.1, "trend": 4873.869808, "fair_value": 4275.537552, "relative_strength": 1.984908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.832653, "energy": 26.709819, "activity_lines": [ 5031.837468, 5049.744665, 5029.326704, 4964.411781 ] }, { "date": "2025-09-26", "close": 5128.715332, "volume": 7781, "typical_volume": 18891.35, "trend": 4888.918538, "fair_value": 4287.699993, "relative_strength": 1.894745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.015259, "energy": 36.431107, "activity_lines": [ 5064.185645, 5062.309712, 5042.38314, 4980.853427 ] }, { "date": "2025-10-03", "close": 5258.85791, "volume": 5430, "typical_volume": 17887.05, "trend": 4904.681315, "fair_value": 4300.390863, "relative_strength": 2.09886, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.637858, "energy": 67.03776, "activity_lines": [ 5138.714746, 5097.51764, 5066.391246, 5004.720484 ] }, { "date": "2025-10-10", "close": 5166.713379, "volume": 10096, "typical_volume": 16830.1, "trend": 4918.455648, "fair_value": 4312.750446, "relative_strength": 0.923178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.081627, "energy": 70.828253, "activity_lines": [ 5163.853385, 5113.658834, 5079.909808, 5021.625778 ] }, { "date": "2025-10-17", "close": 5214.210449, "volume": 49716, "typical_volume": 16558.0, "trend": 4933.82155, "fair_value": 4324.814071, "relative_strength": 2.513712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.193809, "energy": 76.765546, "activity_lines": [ 5190.908496, 5134.798828, 5096.434017, 5040.706733 ] }, { "date": "2025-10-24", "close": 6062.333496, "volume": 2073, "typical_volume": 15525.95, "trend": 4980.390771, "fair_value": 4341.954125, "relative_strength": 15.161031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.856809, "energy": 98.403275, "activity_lines": [ 5487.672038, 5308.123553, 5192.286521, 5113.513955 ] }, { "date": "2025-10-31", "close": 5311.705078, "volume": 28525, "typical_volume": 16825.75, "trend": 5011.669792, "fair_value": 4353.348996, "relative_strength": 0.078013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.57201, "energy": 72.22481, "activity_lines": [ 5469.518359, 5328.630211, 5211.392722, 5134.889072 ] }, { "date": "2025-11-07", "close": 5239.708984, "volume": 41133, "typical_volume": 18477.2, "trend": 5039.774154, "fair_value": 4363.204789, "relative_strength": -1.000324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.141571, "energy": 54.844035, "activity_lines": [ 5415.166666, 5332.392329, 5221.648063, 5149.601278 ] }, { "date": "2025-11-14", "close": 5366.702148, "volume": 56942, "typical_volume": 19247.9, "trend": 5068.470915, "fair_value": 4373.877837, "relative_strength": 1.12253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.671761, "energy": 51.079316, "activity_lines": [ 5404.422623, 5354.498926, 5242.226535, 5170.693407 ] }, { "date": "2025-11-21", "close": 5193.211914, "volume": 34048, "typical_volume": 18310.95, "trend": 5085.902799, "fair_value": 4383.416357, "relative_strength": -0.646996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.160887, "energy": 20.802124, "activity_lines": [ 5322.515918, 5337.630442, 5244.341536, 5178.741213 ] }, { "date": "2025-11-28", "close": 5316.205078, "volume": 1267, "typical_volume": 18101.3, "trend": 5103.027295, "fair_value": 4393.735287, "relative_strength": -0.321087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.982361, "energy": 20.720719, "activity_lines": [ 5283.006836, 5339.960893, 5257.225921, 5193.599425 ] }, { "date": "2025-12-05", "close": 5345.703125, "volume": 11517, "typical_volume": 18647.7, "trend": 5120.360254, "fair_value": 4404.448255, "relative_strength": 0.673886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.370598, "energy": 18.399652, "activity_lines": [ 5303.072331, 5343.573029, 5271.795554, 5209.25593 ] }, { "date": "2025-12-12", "close": 5381.201172, "volume": 11452, "typical_volume": 16373.85, "trend": 5136.435482, "fair_value": 4415.757035, "relative_strength": 1.401468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.405304, "energy": 20.255767, "activity_lines": [ 5332.703971, 5349.694123, 5288.445691, 5226.084376 ] }, { "date": "2025-12-19", "close": 5421.199219, "volume": 19292, "typical_volume": 17094.9, "trend": 5155.543522, "fair_value": 4426.969963, "relative_strength": -0.495862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.648003, "energy": 31.987097, "activity_lines": [ 5366.235482, 5360.863166, 5307.716746, 5244.45623 ] }, { "date": "2025-12-26", "close": 5387.201172, "volume": 353, "typical_volume": 15634.2, "trend": 5171.427181, "fair_value": 4437.804841, "relative_strength": -0.937062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.569005, "energy": 32.688849, "activity_lines": [ 5384.801172, 5361.22373, 5321.585498, 5259.401885 ] }, { "date": "2026-01-02", "close": 5457.697266, "volume": 1894, "typical_volume": 15710.45, "trend": 5188.077816, "fair_value": 4448.02686, "relative_strength": -0.562935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.417743, "energy": 37.777437, "activity_lines": [ 5413.932943, 5371.256481, 5340.815492, 5277.870923 ] }, { "date": "2026-01-09", "close": 5571.190918, "volume": 6774, "typical_volume": 15837.45, "trend": 5210.68597, "fair_value": 4458.097375, "relative_strength": -0.30599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.540411, "energy": 53.673051, "activity_lines": [ 5471.463119, 5412.917827, 5369.454057, 5302.587897 ] }, { "date": "2026-01-16", "close": 5585.689941, "volume": 15440, "typical_volume": 16608.3, "trend": 5234.618864, "fair_value": 4468.691539, "relative_strength": -1.169988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.000387, "energy": 59.735438, "activity_lines": [ 5518.793783, 5452.497434, 5397.280745, 5326.781702 ] }, { "date": "2026-01-23", "close": 5519.693848, "volume": 37675, "typical_volume": 17788.7, "trend": 5253.302718, "fair_value": 4478.467171, "relative_strength": -1.472209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.493266, "energy": 69.151995, "activity_lines": [ 5530.493164, 5473.787189, 5415.931775, 5345.173636 ] }, { "date": "2026-01-30", "close": 5522.693359, "volume": 22127, "typical_volume": 18708.2, "trend": 5270.895199, "fair_value": 4487.152439, "relative_strength": -2.220629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.517845, "energy": 79.632408, "activity_lines": [ 5536.626074, 5492.840643, 5432.193622, 5362.553677 ] }, { "date": "2026-02-06", "close": 5598.189453, "volume": 14841, "typical_volume": 18918.8, "trend": 5288.163298, "fair_value": 4497.19614, "relative_strength": -2.314661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.134273, "energy": 80.571964, "activity_lines": [ 5558.891536, 5519.630087, 5453.248089, 5383.669436 ] }, { "date": "2026-02-13", "close": 5613.188477, "volume": 43839, "typical_volume": 20721.7, "trend": 5306.181315, "fair_value": 4506.6923, "relative_strength": -2.747334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.088338, "energy": 80.787076, "activity_lines": [ 5576.790527, 5544.019638, 5473.319262, 5404.638802 ] }, { "date": "2026-02-20", "close": 5731.0, "volume": 29004, "typical_volume": 21900.4, "trend": 5326.160221, "fair_value": 4517.579347, "relative_strength": -2.927314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.449327, "energy": 92.02786, "activity_lines": [ 5631.160189, 5584.966096, 5502.303564, 5432.046459 ] }, { "date": "2026-02-27", "close": 5785.0, "volume": 4034, "typical_volume": 21597.3, "trend": 5353.437663, "fair_value": 4528.250518, "relative_strength": -4.019333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.055894, "energy": 94.131924, "activity_lines": [ 5693.842513, 5629.370756, 5534.182429, 5461.649026 ] }, { "date": "2026-03-06", "close": 5403.0, "volume": 64275, "typical_volume": 22325.25, "trend": 5363.432992, "fair_value": 4537.054218, "relative_strength": -4.8164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.063218, "energy": 45.294382, "activity_lines": [ 5611.504427, 5597.706312, 5526.736119, 5464.846596 ] }, { "date": "2026-03-13", "close": 5320.0, "volume": 18658, "typical_volume": 23154.5, "trend": 5368.645524, "fair_value": 4546.518775, "relative_strength": -5.95752, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.498439, "energy": 13.812049, "activity_lines": [ 5509.479232, 5550.663707, 5510.486049, 5462.044467 ] }, { "date": "2026-03-20", "close": 5149.5, "volume": 51048, "typical_volume": 24280.65, "trend": 5369.938314, "fair_value": 4554.530108, "relative_strength": -5.72403, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -40.433191, "energy": 39.447211, "activity_lines": [ 5369.166667, 5475.124689, 5481.532806, 5447.906046 ] }, { "date": "2026-03-27", "close": 5163.0, "volume": 11680, "typical_volume": 22808.0, "trend": 5376.080859, "fair_value": 4561.524738, "relative_strength": -5.874164, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.758729, "energy": 49.896979, "activity_lines": [ 5264.266667, 5409.707324, 5454.637681, 5434.555187 ] }, { "date": "2026-04-03", "close": 5380.0, "volume": 28011, "typical_volume": 21361.45, "trend": 5390.148356, "fair_value": 4569.924803, "relative_strength": -6.234995, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.906357, "energy": 41.091238, "activity_lines": [ 5269.566667, 5391.429776, 5448.774505, 5434.808035 ] }, { "date": "2026-04-10", "close": 5613.0, "volume": 31597, "typical_volume": 21238.9, "trend": 5409.940967, "fair_value": 4579.242017, "relative_strength": -3.613486, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.328601, "energy": 18.994004, "activity_lines": [ 5379.533333, 5418.055753, 5465.038481, 5449.185561 ] }, { "date": "2026-04-17", "close": 5723.0, "volume": 49682, "typical_volume": 23659.65, "trend": 5430.983724, "fair_value": 4589.177896, "relative_strength": -2.315443, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.440806, "energy": 27.707542, "activity_lines": [ 5512.166667, 5463.03979, 5489.779657, 5469.382918 ] }, { "date": "2026-04-24", "close": 5553.0, "volume": 46543, "typical_volume": 25410.95, "trend": 5445.126546, "fair_value": 4598.315453, "relative_strength": -2.51441, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.792192, "energy": 33.4916, "activity_lines": [ 5561.266667, 5474.845455, 5496.393238, 5477.254935 ] }, { "date": "2026-05-01", "close": 5574.0, "volume": 9845, "typical_volume": 25330.6, "trend": 5455.631283, "fair_value": 4607.760556, "relative_strength": -1.930649, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.458926, "energy": 37.604916, "activity_lines": [ 5590.466667, 5491.563636, 5504.019692, 5485.569352 ] }, { "date": "2026-05-08", "close": 5611.5, "volume": 63704, "typical_volume": 27551.2, "trend": 5470.457503, "fair_value": 4617.514897, "relative_strength": 0.04627, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.30981, "energy": 41.349369, "activity_lines": [ 5604.766667, 5517.954545, 5514.299484, 5495.625398 ] }, { "date": "2026-05-15", "close": 5617.0, "volume": 23140, "typical_volume": 28690.55, "trend": 5483.883822, "fair_value": 4626.976242, "relative_strength": 0.561064, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.40366, "energy": 43.780545, "activity_lines": [ 5605.466667, 5548.5, 5524.196891, 5505.079753 ] }, { "date": "2026-05-22", "close": 5747.5, "volume": 65553, "typical_volume": 31873.5, "trend": 5473.389372, "fair_value": 4637.603979, "relative_strength": 0.258541, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.775502, "energy": 49.16269, "activity_lines": [ 5649.4, 5598.881818, 5545.42859, 5522.087248 ] }, { "date": "2026-05-29", "close": 5801.5, "volume": 12131, "typical_volume": 32141.35, "trend": 5489.715869, "fair_value": 4648.789232, "relative_strength": 1.763426, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.081121, "energy": 57.413469, "activity_lines": [ 5709.7, 5651.309091, 5570.423133, 5543.255676 ] }, { "date": "2026-06-05", "close": 5782.0, "volume": 6612, "typical_volume": 31699.95, "trend": 5507.792236, "fair_value": 4660.185741, "relative_strength": 1.836348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.412437, "energy": 67.397916, "activity_lines": [ 5746.933333, 5688.336364, 5592.463823, 5562.112716 ] }, { "date": "2026-06-12", "close": 5896.0, "volume": 5405, "typical_volume": 30086.45, "trend": 5525.435498, "fair_value": 4671.770204, "relative_strength": 2.779991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.147914, "energy": 79.942862, "activity_lines": [ 5808.3, 5734.836364, 5624.426846, 5587.158378 ] }, { "date": "2026-06-19", "close": 6029.5, "volume": 19, "typical_volume": 28981.05, "trend": 5553.311768, "fair_value": 4684.937394, "relative_strength": 6.105778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.345423, "energy": 88.114468, "activity_lines": [ 5895.2, 5796.227273, 5667.312221, 5619.678669 ] }, { "date": "2026-06-26", "close": 5927.0, "volume": 5441, "typical_volume": 28511.05, "trend": 5573.671598, "fair_value": 4696.606893, "relative_strength": 2.864156, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.588668, "energy": 81.377552, "activity_lines": [ 5920.433333, 5831.409091, 5698.022326, 5643.787587 ] }, { "date": "2026-07-03", "close": 6044.0, "volume": 7725, "typical_volume": 26705.35, "trend": 5596.948161, "fair_value": 4710.041563, "relative_strength": 3.215642, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.325097, "energy": 89.433802, "activity_lines": [ 5972.7, 5884.154545, 5738.309524, 5674.131355 ] }, { "date": "2026-07-10", "close": 5882.5, "volume": 7107, "typical_volume": 25610.5, "trend": 5613.658122, "fair_value": 4721.454624, "relative_strength": 2.224444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.191191, "energy": 76.98628, "activity_lines": [ 5954.966667, 5898.609091, 5761.164286, 5692.554054 ] }, { "date": "2026-07-17", "close": 5823.0, "volume": 51799, "typical_volume": 27998.75, "trend": 5627.051481, "fair_value": 4732.130806, "relative_strength": 0.258348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.7567, "energy": 51.144009, "activity_lines": [ 5910.7, 5896.636364, 5777.630952, 5706.059982 ] }, { "date": "2026-07-24", "close": 5892.0, "volume": 38585, "typical_volume": 26714.25, "trend": 5643.878109, "fair_value": 4743.097177, "relative_strength": 0.211953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.515177, "energy": 42.70401, "activity_lines": [ 5894.3, 5903.363636, 5800.488095, 5723.153435 ] }, { "date": "2026-07-31", "close": 5940.5, "volume": 23061, "typical_volume": 26934.4, "trend": 5659.971533, "fair_value": 4754.91246, "relative_strength": -0.185593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.207736, "energy": 36.569349, "activity_lines": [ 5903.233333, 5913.909091, 5825.635714, 5742.290331 ] }, { "date": "2026-08-07", "close": 6109.5, "volume": 10165, "typical_volume": 24890.25, "trend": 5677.915169, "fair_value": 4767.947178, "relative_strength": 2.345412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.762308, "energy": 55.516924, "activity_lines": [ 5967.6, 5951.672727, 5863.92381, 5771.292168 ] } ], "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." } } }