{ "ticker": { "uuid": "114bd0ae-e4a8-4a7b-8212-59795fdfe93d", "symbol": "MPHASIS", "name": "Mphasis Limited", "exchange": "NSI", "country": "IN", "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": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 45.861, "architecture_energy": 52.169, "architecture_maturity": 15.017, "architecture_confidence": 63.21, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 38.58, "rotation_up": 65.82, "upward_expansion": 56.92, "deceleration": 25.54, "rotation_down": 17.32, "downward_expansion": 17.58 }, "activity_lines": [ 2381.253353, 2329.872594, 2287.803366, 2281.565421 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 2475.0, "trend_reference": 2328.957381, "distance_from_trend": 0.062707, "trend_direction": "Weakening", "fair_value": 2540.206412, "distance_from_fair_value": -0.02567, "fair_value_direction": "Improving", "relative_strength": -1.310359, "relative_strength_direction": "Improving", "price_momentum": -0.051906, "excess_performance": -0.008197, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.062707, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.071349, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.02567, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.092726, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.013104, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.115198, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.051906, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.224611, "read": "Demand-led" } ], "volume": { "latest": 2314120, "relative_activity": 0.987526, "balance": 2.224611, "dry_up": 1.370428, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.053021, "annualized_volatility": 0.324382, "from_high_reference": -0.185105, "from_low_reference": 0.229508 }, "levels": { "trend_reference": 2328.957381, "fair_value_reference": 2540.206412, "structural_low": 2013.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.017002, "positive_rate": 0.588235, "directional_follow_through": 0.588235, "median_excess_return": 0.020074, "regime_survival": 0.411765, "best_return": 0.208206, "worst_return": -0.198997, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.022261, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.031982, "regime_survival": 0.3, "best_return": 0.376291, "worst_return": -0.197326, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.029109, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.105722, "regime_survival": 0.0, "best_return": 0.294795, "worst_return": -0.231494, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.027818, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.031884, "regime_survival": 0.0, "best_return": 0.249761, "worst_return": -0.316499, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-10-11", "tenure": "Developing", "return": 0.03641, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-12-20", "tenure": "Developing", "return": -0.046887, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-02-14", "tenure": "Developing", "return": -0.114322, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-05-23", "tenure": "Established", "return": -0.010185, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-20", "tenure": "New", "return": 0.053658, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-07-25", "tenure": "Developing", "return": -0.043767, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": -0.022304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.047202, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-24", "tenure": "Developing", "return": 0.011083, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-12-12", "tenure": "Developing", "return": 0.053646, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": -0.04754, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.108953, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-20", "end": "2026-07-03", "tenure": "Established", "return": -0.057782, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.065937, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2198.661865, "volume": 1997831, "typical_volume": 2672497.5, "trend": 1877.383211, "fair_value": 2029.777426, "relative_strength": 9.445164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.550757, "energy": 86.021957, "activity_lines": [ 2200.619433, 2102.500018, 1966.12491, 1908.647054 ] }, { "date": "2023-08-25", "close": 2295.636719, "volume": 3451211, "typical_volume": 2796838.7, "trend": 1889.340568, "fair_value": 2037.803216, "relative_strength": 14.453741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.860712, "energy": 73.139354, "activity_lines": [ 2232.285449, 2156.033432, 2006.840781, 1935.631151 ] }, { "date": "2023-09-01", "close": 2335.079346, "volume": 3124571, "typical_volume": 2871037.95, "trend": 1902.148478, "fair_value": 2046.205258, "relative_strength": 15.198702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.225632, "energy": 68.58641, "activity_lines": [ 2273.180355, 2206.607542, 2048.3663, 1964.388491 ] }, { "date": "2023-09-08", "close": 2366.700439, "volume": 2326660, "typical_volume": 2858455.25, "trend": 1913.952685, "fair_value": 2054.750301, "relative_strength": 14.345135, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.208713, "energy": 68.348466, "activity_lines": [ 2312.91722, 2251.590308, 2089.666151, 1994.359586 ] }, { "date": "2023-09-15", "close": 2392.611816, "volume": 1529324, "typical_volume": 2784534.75, "trend": 1924.028581, "fair_value": 2062.066019, "relative_strength": 13.235874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.454496, "energy": 67.915712, "activity_lines": [ 2348.335612, 2290.456232, 2129.996571, 2025.24082 ] }, { "date": "2023-09-22", "close": 2385.750244, "volume": 806450, "typical_volume": 2743497.35, "trend": 1935.078312, "fair_value": 2070.059572, "relative_strength": 15.62242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.174091, "energy": 68.810579, "activity_lines": [ 2371.006347, 2317.332355, 2166.355498, 2055.029314 ] }, { "date": "2023-09-29", "close": 2280.761963, "volume": 1838597, "typical_volume": 2744825.4, "trend": 1946.327995, "fair_value": 2076.891065, "relative_strength": 10.696094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.710986, "energy": 57.596075, "activity_lines": [ 2346.208431, 2317.853223, 2189.454906, 2077.331485 ] }, { "date": "2023-10-06", "close": 2390.548584, "volume": 1913613, "typical_volume": 2751164.0, "trend": 1962.491186, "fair_value": 2084.272769, "relative_strength": 15.78026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.231377, "energy": 54.635302, "activity_lines": [ 2358.997705, 2337.537021, 2220.393468, 2105.990878 ] }, { "date": "2023-10-13", "close": 2280.37793, "volume": 2243350, "typical_volume": 2757069.25, "trend": 1979.734587, "fair_value": 2091.194503, "relative_strength": 9.880026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.786321, "energy": 40.874296, "activity_lines": [ 2331.365479, 2332.990785, 2237.941078, 2126.4997 ] }, { "date": "2023-10-20", "close": 2082.253174, "volume": 3647765, "typical_volume": 2774508.2, "trend": 1995.015796, "fair_value": 2096.609139, "relative_strength": 1.442041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.011264, "energy": 20.417811, "activity_lines": [ 2243.446501, 2290.458021, 2234.549309, 2133.113803 ] }, { "date": "2023-10-27", "close": 2029.039185, "volume": 2571712, "typical_volume": 2756331.2, "trend": 2006.705359, "fair_value": 2101.701889, "relative_strength": 1.343107, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.66464, "energy": 18.067339, "activity_lines": [ 2158.480103, 2241.040017, 2225.15379, 2135.30886 ] }, { "date": "2023-11-03", "close": 2121.072021, "volume": 1213209, "typical_volume": 2732666.15, "trend": 2021.514087, "fair_value": 2107.634288, "relative_strength": 4.763408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.638898, "energy": 22.136857, "activity_lines": [ 2127.972054, 2211.439304, 2223.109274, 2142.687355 ] }, { "date": "2023-11-10", "close": 2113.394531, "volume": 1712662, "typical_volume": 2719960.0, "trend": 2036.785002, "fair_value": 2113.633424, "relative_strength": 3.232659, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.575125, "energy": 24.543923, "activity_lines": [ 2105.550838, 2183.616588, 2218.511552, 2148.615125 ] }, { "date": "2023-11-17", "close": 2231.626221, "volume": 2986708, "typical_volume": 2724873.6, "trend": 2056.34279, "fair_value": 2120.388445, "relative_strength": 7.048875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.516398, "energy": 17.206484, "activity_lines": [ 2141.017122, 2181.321176, 2223.259468, 2161.185526 ] }, { "date": "2023-11-24", "close": 2225.868408, "volume": 1531657, "typical_volume": 2680615.3, "trend": 2074.01075, "fair_value": 2127.104549, "relative_strength": 6.201348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.103014, "energy": 8.593281, "activity_lines": [ 2177.81425, 2180.434783, 2225.266326, 2172.122663 ] }, { "date": "2023-12-01", "close": 2279.418213, "volume": 1783663, "typical_volume": 2536660.2, "trend": 2093.290796, "fair_value": 2134.053712, "relative_strength": 6.128155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.233982, "energy": 23.952454, "activity_lines": [ 2222.886963, 2192.316417, 2230.353737, 2185.374757 ] }, { "date": "2023-12-08", "close": 2329.17749, "volume": 2483864, "typical_volume": 2241339.9, "trend": 2113.221647, "fair_value": 2141.430044, "relative_strength": 4.624291, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.086292, "energy": 35.853892, "activity_lines": [ 2267.854167, 2215.178502, 2238.783345, 2200.593254 ] }, { "date": "2023-12-15", "close": 2551.677979, "volume": 4817467, "typical_volume": 2337834.3, "trend": 2138.882186, "fair_value": 2149.906335, "relative_strength": 11.590515, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 82.423079, "energy": 70.520559, "activity_lines": [ 2373.114502, 2277.614939, 2267.963854, 2228.880759 ] }, { "date": "2023-12-22", "close": 2627.97168, "volume": 3213880, "typical_volume": 2372080.55, "trend": 2164.961133, "fair_value": 2157.828995, "relative_strength": 15.040436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.120108, "energy": 82.425502, "activity_lines": [ 2474.587175, 2350.993333, 2302.543407, 2260.43492 ] }, { "date": "2023-12-29", "close": 2629.267578, "volume": 2169133, "typical_volume": 2368166.35, "trend": 2189.745199, "fair_value": 2165.901456, "relative_strength": 12.686114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.663615, "energy": 85.886163, "activity_lines": [ 2550.068783, 2418.287458, 2335.076831, 2290.390175 ] }, { "date": "2024-01-05", "close": 2531.188965, "volume": 2185024, "typical_volume": 2377526.0, "trend": 2216.38173, "fair_value": 2172.717238, "relative_strength": 8.331582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.290771, "energy": 80.397849, "activity_lines": [ 2565.964242, 2457.803391, 2356.395325, 2312.418805 ] }, { "date": "2024-01-12", "close": 2571.543213, "volume": 2969652, "typical_volume": 2353448.05, "trend": 2244.151546, "fair_value": 2179.629542, "relative_strength": 8.91086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.247263, "energy": 74.787263, "activity_lines": [ 2578.5264, 2495.526465, 2379.97362, 2335.332449 ] }, { "date": "2024-01-19", "close": 2446.257568, "volume": 3641867, "typical_volume": 2379312.85, "trend": 2268.648649, "fair_value": 2186.131933, "relative_strength": 4.756131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.40765, "energy": 47.0943, "activity_lines": [ 2533.168962, 2502.279945, 2390.306107, 2348.371547 ] }, { "date": "2024-01-26", "close": 2420.682373, "volume": 1062899, "typical_volume": 2316124.8, "trend": 2290.299381, "fair_value": 2192.858986, "relative_strength": 4.908297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.48851, "energy": 30.311511, "activity_lines": [ 2486.314486, 2498.331334, 2397.673442, 2358.180174 ] }, { "date": "2024-02-02", "close": 2456.958008, "volume": 4878379, "typical_volume": 2483577.55, "trend": 2312.138367, "fair_value": 2199.570316, "relative_strength": 3.979879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.567453, "energy": 23.164558, "activity_lines": [ 2465.371175, 2497.540909, 2408.238542, 2368.932344 ] }, { "date": "2024-02-09", "close": 2484.884766, "volume": 2933470, "typical_volume": 2589928.55, "trend": 2328.764726, "fair_value": 2206.048235, "relative_strength": 5.480301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.3099, "energy": 19.479229, "activity_lines": [ 2465.224089, 2497.626447, 2421.156923, 2380.077273 ] }, { "date": "2024-02-16", "close": 2688.959229, "volume": 3936084, "typical_volume": 2694802.9, "trend": 2343.834802, "fair_value": 2213.592377, "relative_strength": 12.695472, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.700412, "energy": 37.623682, "activity_lines": [ 2536.18877, 2531.080678, 2453.038898, 2403.315628 ] }, { "date": "2024-02-23", "close": 2617.607666, "volume": 2615386, "typical_volume": 2729891.55, "trend": 2359.101615, "fair_value": 2220.918499, "relative_strength": 8.85123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.263502, "energy": 39.680283, "activity_lines": [ 2575.541862, 2545.02041, 2476.181689, 2420.978393 ] }, { "date": "2024-03-01", "close": 2511.70752, "volume": 2746704, "typical_volume": 2755059.25, "trend": 2370.412984, "fair_value": 2227.635805, "relative_strength": 3.821412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.367437, "energy": 36.395034, "activity_lines": [ 2568.171566, 2538.506849, 2488.157519, 2430.823935 ] }, { "date": "2024-03-08", "close": 2392.324219, "volume": 1518587, "typical_volume": 2648600.35, "trend": 2375.63363, "fair_value": 2233.688859, "relative_strength": -1.74004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.705277, "energy": 25.593027, "activity_lines": [ 2514.938493, 2512.401128, 2487.66194, 2432.237563 ] }, { "date": "2024-03-15", "close": 2387.525635, "volume": 2974835, "typical_volume": 2668756.5, "trend": 2381.929089, "fair_value": 2239.428738, "relative_strength": 0.062205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.577048, "energy": 12.620083, "activity_lines": [ 2464.414811, 2489.730997, 2485.232825, 2433.004789 ] }, { "date": "2024-03-22", "close": 2293.045654, "volume": 2533135, "typical_volume": 2734752.8, "trend": 2381.842721, "fair_value": 2244.741209, "relative_strength": -4.351603, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.986475, "energy": 16.641731, "activity_lines": [ 2388.888412, 2452.494749, 2472.098539, 2427.270374 ] }, { "date": "2024-03-29", "close": 2291.75, "volume": 1455241, "typical_volume": 2721881.75, "trend": 2380.398409, "fair_value": 2249.399323, "relative_strength": -5.490972, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.291977, "energy": 28.706592, "activity_lines": [ 2339.324365, 2420.086519, 2458.021934, 2421.457941 ] }, { "date": "2024-04-05", "close": 2409.358398, "volume": 1303640, "typical_volume": 2637728.35, "trend": 2381.820341, "fair_value": 2254.497639, "relative_strength": -1.66973, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.022775, "energy": 30.110549, "activity_lines": [ 2350.686963, 2411.870863, 2454.296818, 2423.326327 ] }, { "date": "2024-04-12", "close": 2347.50708, "volume": 2108734, "typical_volume": 2666582.2, "trend": 2380.31685, "fair_value": 2259.739905, "relative_strength": -4.410753, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.589954, "energy": 33.137514, "activity_lines": [ 2348.255729, 2392.615403, 2443.834756, 2421.112568 ] }, { "date": "2024-04-19", "close": 2188.345215, "volume": 2235822, "typical_volume": 2689190.15, "trend": 2373.736682, "fair_value": 2264.029636, "relative_strength": -9.480828, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.478964, "energy": 43.139503, "activity_lines": [ 2295.75835, 2346.411439, 2417.63519, 2408.727302 ] }, { "date": "2024-04-26", "close": 2205.42749, "volume": 3779278, "typical_volume": 2753960.85, "trend": 2371.225533, "fair_value": 2268.036817, "relative_strength": -9.95616, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.646361, "energy": 40.086518, "activity_lines": [ 2262.233756, 2308.704972, 2393.496188, 2397.868644 ] }, { "date": "2024-05-03", "close": 2199.477295, "volume": 1593576, "typical_volume": 2592766.3, "trend": 2364.85649, "fair_value": 2271.53861, "relative_strength": -10.481056, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.581245, "energy": 50.288471, "activity_lines": [ 2232.566976, 2278.708136, 2369.379786, 2386.788112 ] }, { "date": "2024-05-10", "close": 2141.225098, "volume": 1363616, "typical_volume": 2500253.1, "trend": 2360.218062, "fair_value": 2274.996189, "relative_strength": -11.22972, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.040152, "energy": 60.250805, "activity_lines": [ 2189.63431, 2245.722363, 2341.392703, 2372.360281 ] }, { "date": "2024-05-17", "close": 2218.383057, "volume": 2475011, "typical_volume": 2515547.0, "trend": 2364.755725, "fair_value": 2278.964442, "relative_strength": -9.726633, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.570765, "energy": 61.109854, "activity_lines": [ 2190.296517, 2233.501354, 2323.071837, 2363.209635 ] }, { "date": "2024-05-24", "close": 2294.533203, "volume": 1648272, "typical_volume": 2488709.4, "trend": 2373.605526, "fair_value": 2282.55953, "relative_strength": -8.627787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.091615, "energy": 43.714791, "activity_lines": [ 2224.950374, 2238.288392, 2313.959959, 2358.67915 ] }, { "date": "2024-05-31", "close": 2191.991943, "volume": 2054377, "typical_volume": 2442945.65, "trend": 2375.969523, "fair_value": 2285.650278, "relative_strength": -10.989463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.879083, "energy": 37.677176, "activity_lines": [ 2218.344613, 2226.122337, 2296.209179, 2346.962145 ] }, { "date": "2024-06-07", "close": 2372.266846, "volume": 3917757, "typical_volume": 2456740.15, "trend": 2384.5986, "fair_value": 2289.320899, "relative_strength": -6.950179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.891288, "energy": 17.414624, "activity_lines": [ 2272.726188, 2248.570876, 2297.434824, 2346.723262 ] }, { "date": "2024-06-14", "close": 2311.711426, "volume": 40203021, "typical_volume": 4413746.25, "trend": 2387.268107, "fair_value": 2292.470748, "relative_strength": -10.100844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.088382, "energy": 19.545963, "activity_lines": [ 2295.40332, 2258.545397, 2293.245623, 2342.020864 ] }, { "date": "2024-06-21", "close": 2331.768555, "volume": 3466526, "typical_volume": 4343153.6, "trend": 2390.798112, "fair_value": 2295.552281, "relative_strength": -9.577389, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.602685, "energy": 17.765041, "activity_lines": [ 2313.400407, 2273.942068, 2291.485534, 2338.440248 ] }, { "date": "2024-06-28", "close": 2357.488037, "volume": 3809467, "typical_volume": 4386953.45, "trend": 2393.40044, "fair_value": 2298.2947, "relative_strength": -10.612128, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.306701, "energy": 14.237079, "activity_lines": [ 2332.411621, 2294.301163, 2292.77106, 2336.29121 ] }, { "date": "2024-07-05", "close": 2522.887451, "volume": 5681511, "typical_volume": 4474224.8, "trend": 2399.857438, "fair_value": 2301.670591, "relative_strength": -5.746232, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.312491, "energy": 27.083179, "activity_lines": [ 2402.358984, 2341.657555, 2310.415562, 2344.645211 ] }, { "date": "2024-07-12", "close": 2637.988281, "volume": 5542320, "typical_volume": 4620571.5, "trend": 2402.734448, "fair_value": 2304.860723, "relative_strength": -2.268304, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.731706, "energy": 53.189899, "activity_lines": [ 2488.61359, 2404.169371, 2339.812866, 2360.008491 ] }, { "date": "2024-07-19", "close": 2817.256348, "volume": 7452935, "typical_volume": 4855883.05, "trend": 2409.043937, "fair_value": 2308.396679, "relative_strength": 4.222517, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.69176, "energy": 71.070389, "activity_lines": [ 2616.909456, 2491.302455, 2386.186269, 2386.75184 ] }, { "date": "2024-07-26", "close": 2970.445313, "volume": 7143607, "typical_volume": 5137134.05, "trend": 2420.416528, "fair_value": 2312.515103, "relative_strength": 8.361615, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.936577, "energy": 92.500035, "activity_lines": [ 2762.565316, 2593.9966, 2445.694102, 2422.971283 ] }, { "date": "2024-08-02", "close": 2720.931152, "volume": 3665670, "typical_volume": 5171675.8, "trend": 2426.741268, "fair_value": 2314.48934, "relative_strength": -0.248891, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.850528, "energy": 82.474781, "activity_lines": [ 2782.471338, 2637.650675, 2478.685725, 2442.359324 ] }, { "date": "2024-08-09", "close": 2667.20459, "volume": 3454158, "typical_volume": 5217726.95, "trend": 2429.929981, "fair_value": 2315.779359, "relative_strength": -0.716083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.530622, "energy": 76.229477, "activity_lines": [ 2760.238965, 2663.783594, 2504.972886, 2457.873086 ] }, { "date": "2024-08-16", "close": 2853.923584, "volume": 2748056, "typical_volume": 5282367.7, "trend": 2443.518848, "fair_value": 2317.725864, "relative_strength": 5.437926, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.383512, "energy": 65.029151, "activity_lines": [ 2790.625114, 2715.225191, 2547.2611, 2485.227512 ] }, { "date": "2024-08-23", "close": 2938.925049, "volume": 3638316, "typical_volume": 5399101.5, "trend": 2460.793604, "fair_value": 2319.948609, "relative_strength": 7.359063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.626316, "energy": 55.460297, "activity_lines": [ 2834.949398, 2773.364205, 2594.967675, 2517.189203 ] }, { "date": "2024-08-30", "close": 3044.123047, "volume": 3702682, "typical_volume": 5478798.9, "trend": 2480.365772, "fair_value": 2322.515933, "relative_strength": 9.374006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.697688, "energy": 61.587259, "activity_lines": [ 2906.228434, 2839.226243, 2650.17136, 2554.82336 ] }, { "date": "2024-09-06", "close": 2991.720215, "volume": 2849734, "typical_volume": 5509494.5, "trend": 2497.260287, "fair_value": 2324.510272, "relative_strength": 9.132529, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.721058, "energy": 77.189451, "activity_lines": [ 2955.128011, 2882.608594, 2697.067081, 2587.81397 ] }, { "date": "2024-09-13", "close": 3084.515869, "volume": 2700071, "typical_volume": 5455534.15, "trend": 2510.445508, "fair_value": 2325.541333, "relative_strength": 10.218909, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.813769, "energy": 81.342464, "activity_lines": [ 3016.906869, 2931.331388, 2748.974887, 2625.701427 ] }, { "date": "2024-09-20", "close": 2969.023682, "volume": 5049651, "typical_volume": 5628337.9, "trend": 2522.159375, "fair_value": 2324.962198, "relative_strength": 4.416686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.992802, "energy": 65.891887, "activity_lines": [ 3012.367578, 2948.844176, 2785.697303, 2655.287115 ] }, { "date": "2024-09-27", "close": 3022.210938, "volume": 2172869, "typical_volume": 5668800.55, "trend": 2539.176156, "fair_value": 2326.578735, "relative_strength": 4.724602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.8503, "energy": 53.178012, "activity_lines": [ 3017.884033, 2970.00855, 2823.820665, 2687.548506 ] }, { "date": "2024-10-04", "close": 2790.834229, "volume": 2956972, "typical_volume": 5692898.6, "trend": 2552.459823, "fair_value": 2325.413016, "relative_strength": 1.386465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.247681, "energy": 37.200312, "activity_lines": [ 2940.722526, 2945.377983, 2835.712979, 2703.784511 ] }, { "date": "2024-10-11", "close": 2820.001465, "volume": 4235433, "typical_volume": 5822256.65, "trend": 2566.875684, "fair_value": 2324.323076, "relative_strength": 2.697452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.409392, "energy": 25.901218, "activity_lines": [ 2890.169353, 2929.316207, 2847.657167, 2721.045262 ] }, { "date": "2024-10-18", "close": 3035.103271, "volume": 9003038, "typical_volume": 6169689.7, "trend": 2591.610938, "fair_value": 2324.681817, "relative_strength": 10.719648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.488322, "energy": 30.273456, "activity_lines": [ 2922.764697, 2950.562571, 2877.585012, 2751.253494 ] }, { "date": "2024-10-25", "close": 2981.474854, "volume": 3308521, "typical_volume": 6139227.9, "trend": 2614.601766, "fair_value": 2324.807682, "relative_strength": 11.465547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.231441, "energy": 26.256351, "activity_lines": [ 2940.778076, 2955.369247, 2898.390573, 2776.406004 ] }, { "date": "2024-11-01", "close": 2837.452637, "volume": 2079351, "typical_volume": 4233044.4, "trend": 2628.871574, "fair_value": 2323.536232, "relative_strength": 5.423657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.451112, "energy": 24.463695, "activity_lines": [ 2909.953972, 2931.670952, 2902.578741, 2790.78348 ] }, { "date": "2024-11-08", "close": 2802.354004, "volume": 3794103, "typical_volume": 4249423.25, "trend": 2644.033138, "fair_value": 2321.823867, "relative_strength": 4.66105, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.244731, "energy": 20.895213, "activity_lines": [ 2879.747542, 2903.43604, 2900.920653, 2801.975895 ] }, { "date": "2024-11-15", "close": 2783.677246, "volume": 2104512, "typical_volume": 4164175.5, "trend": 2663.877539, "fair_value": 2320.075392, "relative_strength": 6.586718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.699062, "energy": 12.58773, "activity_lines": [ 2842.547542, 2876.201154, 2895.242943, 2810.985192 ] }, { "date": "2024-11-22", "close": 2827.060303, "volume": 2998676, "typical_volume": 4030033.75, "trend": 2684.598633, "fair_value": 2320.247627, "relative_strength": 6.444906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.12259, "energy": 16.087826, "activity_lines": [ 2822.230176, 2860.636697, 2891.667481, 2821.513112 ] }, { "date": "2024-11-29", "close": 2916.277588, "volume": 3071664, "typical_volume": 3906500.95, "trend": 2708.491976, "fair_value": 2320.82953, "relative_strength": 8.627831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.320926, "energy": 13.767721, "activity_lines": [ 2845.521436, 2865.974574, 2895.14046, 2836.460142 ] }, { "date": "2024-12-06", "close": 2994.12207, "volume": 1850619, "typical_volume": 3626385.15, "trend": 2736.921875, "fair_value": 2321.63437, "relative_strength": 8.863766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.878888, "energy": 20.163682, "activity_lines": [ 2899.10734, 2886.425013, 2904.702013, 2854.88789 ] }, { "date": "2024-12-13", "close": 3132.801025, "volume": 3001326, "typical_volume": 3419271.1, "trend": 2767.402474, "fair_value": 2322.5698, "relative_strength": 13.341931, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.131896, "energy": 48.433317, "activity_lines": [ 2988.474935, 2932.600515, 2926.628867, 2880.42848 ] }, { "date": "2024-12-20", "close": 2892.796875, "volume": 2460869, "typical_volume": 3359031.05, "trend": 2787.344596, "fair_value": 2322.231661, "relative_strength": 9.90663, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.453096, "energy": 38.723952, "activity_lines": [ 2975.811344, 2928.92132, 2924.925061, 2888.518441 ] }, { "date": "2024-12-27", "close": 2827.452393, "volume": 1094365, "typical_volume": 3241041.4, "trend": 2808.526611, "fair_value": 2320.426119, "relative_strength": 6.44631, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.205322, "energy": 20.723995, "activity_lines": [ 2934.091618, 2912.037757, 2916.179562, 2891.106041 ] }, { "date": "2025-01-03", "close": 2813.040527, "volume": 2316104, "typical_volume": 3219443.8, "trend": 2823.219067, "fair_value": 2319.446462, "relative_strength": 5.048677, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.734456, "energy": 5.681155, "activity_lines": [ 2887.541797, 2896.309326, 2905.29842, 2891.397261 ] }, { "date": "2025-01-10", "close": 2857.894287, "volume": 2860664, "typical_volume": 3180561.2, "trend": 2841.425163, "fair_value": 2318.61644, "relative_strength": 9.249593, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.768795, "energy": 13.750028, "activity_lines": [ 2862.8257, 2891.798566, 2898.883746, 2893.634372 ] }, { "date": "2025-01-17", "close": 2762.01001, "volume": 2171921, "typical_volume": 3104023.15, "trend": 2855.766545, "fair_value": 2318.574702, "relative_strength": 6.514801, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.715589, "energy": 27.079052, "activity_lines": [ 2815.230029, 2869.482635, 2883.723097, 2888.510814 ] }, { "date": "2025-01-24", "close": 2950.346924, "volume": 6577999, "typical_volume": 3290436.4, "trend": 2875.528508, "fair_value": 2319.653999, "relative_strength": 14.042253, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.353635, "energy": 11.73808, "activity_lines": [ 2855.132731, 2882.143306, 2887.842692, 2894.612774 ] }, { "date": "2025-01-31", "close": 2811.765869, "volume": 4219138, "typical_volume": 3366389.75, "trend": 2885.157788, "fair_value": 2319.771318, "relative_strength": 6.629939, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.564278, "energy": 22.583472, "activity_lines": [ 2845.005078, 2866.577064, 2878.961107, 2890.499056 ] }, { "date": "2025-02-07", "close": 2812.305176, "volume": 2387776, "typical_volume": 3233296.0, "trend": 2890.968351, "fair_value": 2320.187232, "relative_strength": 6.320599, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.765847, "energy": 28.190346, "activity_lines": [ 2836.102962, 2851.386958, 2871.429695, 2885.798887 ] }, { "date": "2025-02-14", "close": 2504.211426, "volume": 2369643, "typical_volume": 3243134.7, "trend": 2880.533521, "fair_value": 2318.508489, "relative_strength": -2.509439, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.511414, "energy": 53.311778, "activity_lines": [ 2724.551953, 2782.070215, 2835.302298, 2860.846827 ] }, { "date": "2025-02-21", "close": 2517.250977, "volume": 1283689, "typical_volume": 3159470.55, "trend": 2865.427043, "fair_value": 2316.746401, "relative_strength": -1.302871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.775487, "energy": 71.560722, "activity_lines": [ 2640.926319, 2724.031765, 2802.883429, 2837.409244 ] }, { "date": "2025-02-28", "close": 2203.225586, "volume": 2572173, "typical_volume": 3076307.55, "trend": 2848.170191, "fair_value": 2312.168945, "relative_strength": -10.797504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.103697, "energy": 86.814204, "activity_lines": [ 2468.942822, 2620.089609, 2741.860156, 2794.686569 ] }, { "date": "2025-03-07", "close": 2257.148193, "volume": 2442262, "typical_volume": 2748268.75, "trend": 2834.501644, "fair_value": 2307.357728, "relative_strength": -10.250866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.45832, "energy": 88.421056, "activity_lines": [ 2364.741618, 2538.489222, 2688.909398, 2756.556118 ] }, { "date": "2025-03-14", "close": 2161.950195, "volume": 1939940, "typical_volume": 2679839.7, "trend": 2811.435864, "fair_value": 2302.986556, "relative_strength": -13.262362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.753829, "energy": 91.507919, "activity_lines": [ 2265.782259, 2449.949276, 2630.596712, 2713.165702 ] }, { "date": "2025-03-21", "close": 2382.346436, "volume": 2870412, "typical_volume": 2719392.75, "trend": 2792.883244, "fair_value": 2299.017499, "relative_strength": -8.294088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.111651, "energy": 83.92076, "activity_lines": [ 2283.645313, 2413.31938, 2597.176643, 2685.482513 ] }, { "date": "2025-03-28", "close": 2451.220215, "volume": 3030300, "typical_volume": 2681202.6, "trend": 2773.119816, "fair_value": 2295.109136, "relative_strength": -6.346187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.486054, "energy": 56.822974, "activity_lines": [ 2332.590625, 2397.858314, 2572.483153, 2663.439737 ] }, { "date": "2025-04-04", "close": 2185.529297, "volume": 1935951, "typical_volume": 2672774.55, "trend": 2746.246786, "fair_value": 2290.5708, "relative_strength": -14.08351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.443372, "energy": 56.638274, "activity_lines": [ 2297.374349, 2339.740532, 2524.157832, 2625.530671 ] }, { "date": "2025-04-11", "close": 2118.224121, "volume": 2947994, "typical_volume": 2670240.45, "trend": 2714.037061, "fair_value": 2286.2485, "relative_strength": -16.286477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.102196, "energy": 54.580927, "activity_lines": [ 2240.902767, 2283.29122, 2472.270818, 2585.01308 ] }, { "date": "2025-04-18", "close": 2229.157471, "volume": 1985056, "typical_volume": 2615910.05, "trend": 2689.374854, "fair_value": 2283.546486, "relative_strength": -15.60286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.586862, "energy": 50.323083, "activity_lines": [ 2230.670573, 2259.621458, 2434.324296, 2553.730526 ] }, { "date": "2025-04-25", "close": 2488.868164, "volume": 7157117, "typical_volume": 2881234.95, "trend": 2671.596761, "fair_value": 2282.818208, "relative_strength": -6.589587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.63147, "energy": 40.417953, "activity_lines": [ 2302.528125, 2293.774507, 2424.384125, 2540.79461 ] }, { "date": "2025-05-02", "close": 2409.650879, "volume": 2661698, "typical_volume": 2864253.55, "trend": 2658.890649, "fair_value": 2282.45727, "relative_strength": -10.721619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.299966, "energy": 31.67189, "activity_lines": [ 2340.878467, 2313.803383, 2409.305422, 2523.894876 ] }, { "date": "2025-05-09", "close": 2340.531982, "volume": 2034217, "typical_volume": 2842920.95, "trend": 2642.908333, "fair_value": 2283.122199, "relative_strength": -12.065283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.202863, "energy": 21.561849, "activity_lines": [ 2358.960465, 2323.221551, 2391.08754, 2503.355607 ] }, { "date": "2025-05-16", "close": 2549.457275, "volume": 2658454, "typical_volume": 2921125.4, "trend": 2626.720133, "fair_value": 2285.036326, "relative_strength": -8.139643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.148101, "energy": 21.460956, "activity_lines": [ 2436.350716, 2368.129656, 2395.397137, 2497.326506 ] }, { "date": "2025-05-23", "close": 2491.613037, "volume": 2329869, "typical_volume": 2921813.65, "trend": 2610.391406, "fair_value": 2286.432382, "relative_strength": -9.626637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.928543, "energy": 16.015945, "activity_lines": [ 2465.710677, 2397.205917, 2395.521545, 2488.609919 ] }, { "date": "2025-05-30", "close": 2508.672363, "volume": 2079632, "typical_volume": 2882762.05, "trend": 2599.432064, "fair_value": 2287.445504, "relative_strength": -8.695629, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.26496, "energy": 14.283823, "activity_lines": [ 2483.260042, 2423.390003, 2398.801258, 2482.047401 ] }, { "date": "2025-06-06", "close": 2495.338623, "volume": 4023510, "typical_volume": 2975341.5, "trend": 2589.198218, "fair_value": 2288.72638, "relative_strength": -10.065511, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.744647, "energy": 16.170926, "activity_lines": [ 2495.044547, 2444.852938, 2402.474052, 2475.331695 ] }, { "date": "2025-06-13", "close": 2592.39917, "volume": 3829655, "typical_volume": 2837924.3, "trend": 2582.822282, "fair_value": 2292.475951, "relative_strength": -5.596242, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.7601, "energy": 17.654501, "activity_lines": [ 2533.470052, 2483.161093, 2416.660572, 2475.538208 ] }, { "date": "2025-06-20", "close": 2643.282715, "volume": 1880585, "typical_volume": 2720996.65, "trend": 2576.696362, "fair_value": 2296.15564, "relative_strength": -5.351675, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.946981, "energy": 35.946965, "activity_lines": [ 2572.065592, 2523.323167, 2437.397657, 2479.438881 ] }, { "date": "2025-06-27", "close": 2745.147217, "volume": 2658970, "typical_volume": 2734556.35, "trend": 2570.992017, "fair_value": 2300.602725, "relative_strength": -3.866363, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.590038, "energy": 53.684789, "activity_lines": [ 2638.360938, 2572.459539, 2468.638424, 2490.306678 ] }, { "date": "2025-07-04", "close": 2866.914063, "volume": 2022462, "typical_volume": 2717197.3, "trend": 2566.75175, "fair_value": 2305.603263, "relative_strength": 0.940257, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.124926, "energy": 70.997878, "activity_lines": [ 2728.342953, 2634.353707, 2511.795833, 2509.398423 ] }, { "date": "2025-07-11", "close": 2838.800049, "volume": 2153495, "typical_volume": 2760687.6, "trend": 2556.951717, "fair_value": 2310.970279, "relative_strength": 1.096138, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.670834, "energy": 72.976826, "activity_lines": [ 2785.07085, 2684.262673, 2550.548562, 2526.949926 ] }, { "date": "2025-07-18", "close": 2832.699951, "volume": 1576969, "typical_volume": 2710927.4, "trend": 2554.948486, "fair_value": 2315.489982, "relative_strength": 1.636401, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.091396, "energy": 71.943702, "activity_lines": [ 2816.867953, 2725.259819, 2587.189143, 2544.740135 ] }, { "date": "2025-07-25", "close": 2625.0, "volume": 3307027, "typical_volume": 2754165.65, "trend": 2548.200073, "fair_value": 2318.53838, "relative_strength": -5.089937, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.194859, "energy": 69.226422, "activity_lines": [ 2763.411686, 2719.544829, 2601.051279, 2549.259587 ] }, { "date": "2025-08-01", "close": 2757.399902, "volume": 4148287, "typical_volume": 2864583.0, "trend": 2546.345386, "fair_value": 2321.866033, "relative_strength": 0.761908, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.23275, "energy": 45.518037, "activity_lines": [ 2755.307568, 2736.529044, 2625.771254, 2562.75635 ] }, { "date": "2025-08-08", "close": 2695.899902, "volume": 1406165, "typical_volume": 2791370.65, "trend": 2540.945573, "fair_value": 2324.924672, "relative_strength": -0.688966, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.495266, "energy": 32.413209, "activity_lines": [ 2725.886605, 2737.498952, 2641.798612, 2572.405029 ] }, { "date": "2025-08-15", "close": 2720.199951, "volume": 1456501, "typical_volume": 2712680.7, "trend": 2539.551904, "fair_value": 2328.018059, "relative_strength": -0.78384, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.244621, "energy": 25.981217, "activity_lines": [ 2715.966601, 2739.482915, 2658.647148, 2583.969827 ] }, { "date": "2025-08-22", "close": 2848.600098, "volume": 1549643, "typical_volume": 2693365.3, "trend": 2536.160343, "fair_value": 2333.301111, "relative_strength": 2.970369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.204063, "energy": 38.709076, "activity_lines": [ 2756.75332, 2760.72397, 2686.443414, 2603.90842 ] }, { "date": "2025-08-29", "close": 2788.0, "volume": 2531404, "typical_volume": 2672535.8, "trend": 2535.368148, "fair_value": 2338.75408, "relative_strength": 2.723824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.030514, "energy": 37.1563, "activity_lines": [ 2776.279997, 2766.288627, 2705.310762, 2620.15614 ] }, { "date": "2025-09-05", "close": 2797.399902, "volume": 2240951, "typical_volume": 2685330.55, "trend": 2534.871305, "fair_value": 2343.83594, "relative_strength": 1.890395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.437815, "energy": 39.394646, "activity_lines": [ 2788.073307, 2770.931134, 2721.88393, 2637.061415 ] }, { "date": "2025-09-12", "close": 2904.199951, "volume": 2447165, "typical_volume": 2449832.95, "trend": 2548.204256, "fair_value": 2350.372283, "relative_strength": 4.317884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.063652, "energy": 47.01337, "activity_lines": [ 2832.799967, 2794.041783, 2745.922614, 2660.889069 ] }, { "date": "2025-09-19", "close": 2993.800049, "volume": 1984470, "typical_volume": 2415971.55, "trend": 2564.089225, "fair_value": 2357.464413, "relative_strength": 6.574626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.140442, "energy": 58.354716, "activity_lines": [ 2893.506657, 2832.765434, 2776.516871, 2689.637185 ] }, { "date": "2025-09-26", "close": 2642.399902, "volume": 2900394, "typical_volume": 2459280.4, "trend": 2578.728369, "fair_value": 2361.89538, "relative_strength": -3.23072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.934629, "energy": 31.307871, "activity_lines": [ 2818.839958, 2804.779967, 2770.862785, 2694.689487 ] }, { "date": "2025-10-03", "close": 2736.899902, "volume": 1742209, "typical_volume": 2413468.15, "trend": 2594.720093, "fair_value": 2366.747588, "relative_strength": -0.706399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.315614, "energy": 24.598834, "activity_lines": [ 2789.419938, 2797.436319, 2772.771232, 2704.894102 ] }, { "date": "2025-10-10", "close": 2783.199951, "volume": 1998722, "typical_volume": 2396910.8, "trend": 2615.428418, "fair_value": 2371.972978, "relative_strength": -0.538528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.292465, "energy": 17.398113, "activity_lines": [ 2778.839941, 2796.476318, 2778.196624, 2717.054093 ] }, { "date": "2025-10-17", "close": 2693.699951, "volume": 1451090, "typical_volume": 2365483.7, "trend": 2625.806868, "fair_value": 2377.000597, "relative_strength": -5.040154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.826829, "energy": 17.338771, "activity_lines": [ 2739.373275, 2778.774498, 2773.709697, 2722.103869 ] }, { "date": "2025-10-24", "close": 2818.899902, "volume": 891358, "typical_volume": 2208876.1, "trend": 2638.062858, "fair_value": 2383.400541, "relative_strength": -0.712542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.387836, "energy": 15.34334, "activity_lines": [ 2755.673258, 2783.876305, 2780.265491, 2734.561484 ] }, { "date": "2025-10-31", "close": 2764.399902, "volume": 2859706, "typical_volume": 2160378.65, "trend": 2657.358545, "fair_value": 2389.319619, "relative_strength": -2.197126, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.732558, "energy": 8.16174, "activity_lines": [ 2765.466585, 2777.274476, 2780.090041, 2742.712261 ] }, { "date": "2025-11-07", "close": 2736.0, "volume": 1419710, "typical_volume": 2137334.9, "trend": 2677.951074, "fair_value": 2394.716048, "relative_strength": -2.180011, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.556775, "energy": 7.538584, "activity_lines": [ 2757.659944, 2767.039941, 2776.390788, 2747.785903 ] }, { "date": "2025-11-14", "close": 2772.100098, "volume": 2321550, "typical_volume": 2120463.9, "trend": 2696.049162, "fair_value": 2400.8115, "relative_strength": -2.293774, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.372579, "energy": 9.021168, "activity_lines": [ 2761.946663, 2764.314515, 2775.688128, 2753.860034 ] }, { "date": "2025-11-21", "close": 2747.100098, "volume": 9907982, "typical_volume": 2514739.9, "trend": 2704.656893, "fair_value": 2406.501357, "relative_strength": -3.544152, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.99842, "energy": 8.877852, "activity_lines": [ 2758.640039, 2757.503631, 2772.476168, 2757.153643 ] }, { "date": "2025-11-28", "close": 2811.399902, "volume": 3638323, "typical_volume": 2588981.3, "trend": 2718.048527, "fair_value": 2411.598071, "relative_strength": -1.55936, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.454371, "energy": 12.611397, "activity_lines": [ 2773.206673, 2765.239981, 2775.958542, 2764.040288 ] }, { "date": "2025-12-05", "close": 2953.600098, "volume": 2773823, "typical_volume": 2648824.0, "trend": 2738.484131, "fair_value": 2418.565213, "relative_strength": 3.641037, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.20963, "energy": 38.831945, "activity_lines": [ 2835.673373, 2802.147279, 2793.114269, 2779.237164 ] }, { "date": "2025-12-12", "close": 2912.699951, "volume": 1829022, "typical_volume": 2574923.75, "trend": 2750.59222, "fair_value": 2425.774333, "relative_strength": 3.02011, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.701949, "energy": 49.004253, "activity_lines": [ 2871.893343, 2825.960001, 2805.799029, 2790.476894 ] }, { "date": "2025-12-19", "close": 2890.199951, "volume": 1534841, "typical_volume": 2444251.45, "trend": 2763.87845, "fair_value": 2432.801479, "relative_strength": 2.747754, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.515152, "energy": 54.113966, "activity_lines": [ 2888.833317, 2842.485449, 2814.970932, 2799.483845 ] }, { "date": "2025-12-26", "close": 2850.600098, "volume": 1880347, "typical_volume": 2467960.55, "trend": 2775.276042, "fair_value": 2439.25515, "relative_strength": 1.211223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.982261, "energy": 55.367052, "activity_lines": [ 2884.700016, 2849.86547, 2819.739039, 2805.07879 ] }, { "date": "2026-01-02", "close": 2807.199951, "volume": 999734, "typical_volume": 2445122.2, "trend": 2785.671419, "fair_value": 2445.401257, "relative_strength": -1.227794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.029721, "energy": 30.487649, "activity_lines": [ 2859.2, 2846.501824, 2819.637131, 2807.138397 ] }, { "date": "2026-01-09", "close": 2838.199951, "volume": 1643704, "typical_volume": 2449825.25, "trend": 2793.864779, "fair_value": 2451.40129, "relative_strength": 2.581278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.173156, "energy": 17.289692, "activity_lines": [ 2844.313314, 2848.987269, 2822.073319, 2810.527334 ] }, { "date": "2026-01-16", "close": 2886.5, "volume": 2090381, "typical_volume": 2427774.1, "trend": 2801.972021, "fair_value": 2457.774445, "relative_strength": 4.406927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.006528, "energy": 17.969804, "activity_lines": [ 2853.219987, 2858.912722, 2829.159035, 2816.5038 ] }, { "date": "2026-01-23", "close": 2752.800049, "volume": 3992107, "typical_volume": 2515331.9, "trend": 2802.227116, "fair_value": 2463.00447, "relative_strength": 2.464796, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.660777, "energy": 11.628606, "activity_lines": [ 2819.306673, 2841.792729, 2823.042376, 2813.331415 ] }, { "date": "2026-01-30", "close": 2759.0, "volume": 1929200, "typical_volume": 2489433.65, "trend": 2798.62998, "fair_value": 2468.18497, "relative_strength": 1.786656, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.157585, "energy": 7.661466, "activity_lines": [ 2796.620003, 2826.15091, 2817.728568, 2810.542569 ] }, { "date": "2026-02-06", "close": 2610.5, "volume": 3275999, "typical_volume": 2554010.1, "trend": 2791.019979, "fair_value": 2472.017828, "relative_strength": -4.786298, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.840166, "energy": 31.380357, "activity_lines": [ 2730.540007, 2783.292729, 2798.963331, 2798.405151 ] }, { "date": "2026-02-13", "close": 2458.399902, "volume": 4209864, "typical_volume": 2619483.6, "trend": 2778.54331, "fair_value": 2474.377218, "relative_strength": -9.342828, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -78.644906, "energy": 70.825735, "activity_lines": [ 2626.873307, 2716.43271, 2767.537609, 2776.945791 ] }, { "date": "2026-02-20", "close": 2373.800049, "volume": 2682363, "typical_volume": 2666491.3, "trend": 2770.169979, "fair_value": 2476.425563, "relative_strength": -12.527413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.023173, "energy": 82.020137, "activity_lines": [ 2520.32666, 2643.19454, 2728.930949, 2750.833322 ] }, { "date": "2026-02-27", "close": 2296.5, "volume": 4132247, "typical_volume": 2773167.55, "trend": 2754.806649, "fair_value": 2478.689848, "relative_strength": -13.925738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.035816, "energy": 87.781146, "activity_lines": [ 2422.193327, 2565.699996, 2684.691426, 2720.273969 ] }, { "date": "2026-03-06", "close": 2214.800049, "volume": 1996793, "typical_volume": 2800452.7, "trend": 2738.769987, "fair_value": 2480.671561, "relative_strength": -14.367925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.904246, "energy": 92.17649, "activity_lines": [ 2327.24668, 2484.145459, 2634.988574, 2685.434833 ] }, { "date": "2026-03-13", "close": 2114.800049, "volume": 2342423, "typical_volume": 2873005.95, "trend": 2718.58999, "fair_value": 2482.926203, "relative_strength": -13.563804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.964134, "energy": 93.548413, "activity_lines": [ 2235.246696, 2395.969105, 2578.042389, 2645.178708 ] }, { "date": "2026-03-20", "close": 2091.100098, "volume": 2916846, "typical_volume": 2875862.95, "trend": 2693.33999, "fair_value": 2485.921608, "relative_strength": -14.216708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.570171, "energy": 91.222395, "activity_lines": [ 2168.393392, 2316.072758, 2522.191921, 2604.695489 ] }, { "date": "2026-03-27", "close": 2117.0, "volume": 2972683, "typical_volume": 2953511.6, "trend": 2670.973324, "fair_value": 2488.733452, "relative_strength": -11.847837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.515708, "energy": 86.937326, "activity_lines": [ 2134.660042, 2254.469119, 2472.014301, 2567.512264 ] }, { "date": "2026-04-03", "close": 2209.899902, "volume": 2413684, "typical_volume": 2958118.3, "trend": 2651.38999, "fair_value": 2492.150694, "relative_strength": -7.579692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.687851, "energy": 63.972216, "activity_lines": [ 2149.01333, 2223.747279, 2433.631909, 2537.765592 ] }, { "date": "2026-04-10", "close": 2326.699951, "volume": 4222092, "typical_volume": 2673823.8, "trend": 2632.13999, "fair_value": 2496.454751, "relative_strength": -8.172627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.401826, "energy": 52.944938, "activity_lines": [ 2208.073307, 2224.132724, 2409.050475, 2516.817847 ] }, { "date": "2026-04-17", "close": 2462.199951, "volume": 2199201, "typical_volume": 2601867.7, "trend": 2614.419987, "fair_value": 2501.693901, "relative_strength": -4.167409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.174395, "energy": 32.85647, "activity_lines": [ 2304.839958, 2257.014533, 2399.375709, 2505.853974 ] }, { "date": "2026-04-24", "close": 2175.800049, "volume": 2605115, "typical_volume": 2593432.3, "trend": 2598.866659, "fair_value": 2504.770635, "relative_strength": -13.503156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.403521, "energy": 30.269411, "activity_lines": [ 2282.97998, 2240.519997, 2364.087619, 2477.555913 ] }, { "date": "2026-05-01", "close": 2276.699951, "volume": 3436794, "typical_volume": 2673820.9, "trend": 2583.52666, "fair_value": 2508.460911, "relative_strength": -9.80006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.279016, "energy": 22.999927, "activity_lines": [ 2289.106641, 2247.509078, 2342.112852, 2456.770965 ] }, { "date": "2026-05-08", "close": 2214.199951, "volume": 2117893, "typical_volume": 2702973.5, "trend": 2564.559993, "fair_value": 2511.556731, "relative_strength": -12.830193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.136358, "energy": 28.687575, "activity_lines": [ 2263.753304, 2244.899978, 2317.214276, 2432.943435 ] }, { "date": "2026-05-15", "close": 2083.199951, "volume": 2702490, "typical_volume": 2744080.65, "trend": 2544.209993, "fair_value": 2513.488386, "relative_strength": -15.927676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.608989, "energy": 49.592474, "activity_lines": [ 2194.446631, 2219.969061, 2283.058558, 2401.887948 ] }, { "date": "2026-05-22", "close": 2222.399902, "volume": 2825722, "typical_volume": 2835380.05, "trend": 2524.32666, "fair_value": 2515.903749, "relative_strength": -10.488859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.659046, "energy": 41.3467, "activity_lines": [ 2187.773275, 2222.739955, 2265.814264, 2381.126007 ] }, { "date": "2026-05-29", "close": 2271.399902, "volume": 2031630, "typical_volume": 2854776.35, "trend": 2507.893327, "fair_value": 2518.375892, "relative_strength": -7.765807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.502757, "energy": 37.731311, "activity_lines": [ 2213.419922, 2232.463578, 2256.021398, 2364.808152 ] }, { "date": "2026-06-05", "close": 2269.164551, "volume": 341938, "typical_volume": 2767354.2, "trend": 2492.332145, "fair_value": 2521.818658, "relative_strength": -7.096668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.161422, "energy": 31.866812, "activity_lines": [ 2231.948128, 2238.502597, 2248.71469, 2349.406295 ] }, { "date": "2026-06-12", "close": 2211.120605, "volume": 179663, "typical_volume": 2576732.0, "trend": 2473.632829, "fair_value": 2524.848606, "relative_strength": -10.268745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.287128, "energy": 23.125065, "activity_lines": [ 2231.630713, 2231.221542, 2238.81968, 2331.263615 ] }, { "date": "2026-06-19", "close": 2208.296387, "volume": 1187118, "typical_volume": 2539627.9, "trend": 2455.672705, "fair_value": 2528.034195, "relative_strength": -11.622946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.689978, "energy": 21.766939, "activity_lines": [ 2230.577181, 2223.404798, 2231.235122, 2314.145135 ] }, { "date": "2026-06-26", "close": 2204.303467, "volume": 0, "typical_volume": 2375827.95, "trend": 2435.436157, "fair_value": 2530.810753, "relative_strength": -11.688038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.663206, "energy": 24.334025, "activity_lines": [ 2219.852913, 2217.014861, 2225.892685, 2297.927765 ] }, { "date": "2026-07-03", "close": 2236.636719, "volume": 1356520, "typical_volume": 2233160.75, "trend": 2411.537378, "fair_value": 2533.598242, "relative_strength": -10.848022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.370767, "energy": 26.956681, "activity_lines": [ 2221.112826, 2221.192725, 2225.563874, 2285.101995 ] }, { "date": "2026-07-10", "close": 2321.899902, "volume": 3428913, "typical_volume": 2270488.25, "trend": 2391.844043, "fair_value": 2535.750844, "relative_strength": -6.911284, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.200679, "energy": 9.800067, "activity_lines": [ 2253.111344, 2239.766863, 2234.411382, 2279.318932 ] }, { "date": "2026-07-17", "close": 2394.199951, "volume": 2310126, "typical_volume": 2179382.2, "trend": 2375.31071, "fair_value": 2536.759453, "relative_strength": -4.245994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.31394, "energy": 10.936047, "activity_lines": [ 2305.694189, 2270.664648, 2250.391751, 2279.470926 ] }, { "date": "2026-07-24", "close": 2288.100098, "volume": 3930753, "typical_volume": 2276080.2, "trend": 2356.56071, "fair_value": 2537.583151, "relative_strength": -6.141392, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.096001, "energy": 16.668199, "activity_lines": [ 2310.705127, 2278.998824, 2255.802136, 2273.844435 ] }, { "date": "2026-07-31", "close": 2342.300049, "volume": 4290587, "typical_volume": 2373488.4, "trend": 2341.064046, "fair_value": 2538.672469, "relative_strength": -6.060894, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.421035, "energy": 17.888396, "activity_lines": [ 2328.462468, 2293.462078, 2266.025372, 2272.924392 ] }, { "date": "2026-08-07", "close": 2475.0, "volume": 2314120, "typical_volume": 2343352.1, "trend": 2328.957381, "fair_value": 2540.206412, "relative_strength": -1.310359, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.860883, "energy": 52.168897, "activity_lines": [ 2381.253353, 2329.872594, 2287.803366, 2281.565421 ] } ], "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." } } }