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"activity_lines": [ 1127.975325, 1126.610924, 1114.534902, 1097.111982 ] }, { "date": "2026-08-07", "close": 1161.839966, "volume": 10382, "typical_volume": 2792.8, "trend": 1081.442696, "fair_value": 1033.380571, "relative_strength": 5.489452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.709682, "energy": 83.205074, "activity_lines": [ 1139.065316, 1133.064269, 1120.865854, 1102.470356 ] } ], "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." } } }