{ "ticker": { "uuid": "143cc3b7-725e-4e94-b009-1d6f11bc96ec", "symbol": "XBI", "name": "State Street SPDR S&P Biotech ETF", "exchange": "MEX", "country": "MX", "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": "^MXX", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 58.729, "architecture_energy": 49.982, "architecture_maturity": 67.229, "architecture_confidence": 62.272, "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": 28.41, "rotation_up": 43.6, "upward_expansion": 73.16, "deceleration": 74.32, "rotation_down": 27.38, "downward_expansion": 13.49 }, "activity_lines": [ 2641.56333, 2632.525093, 2520.179456, 2442.875784 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 2637.26001, "trend_reference": 2351.589014, "distance_from_trend": 0.12148, "trend_direction": "Improving", "fair_value": 1812.968361, "distance_from_fair_value": 0.454664, "fair_value_direction": "Improving", "relative_strength": 17.884138, "relative_strength_direction": "Improving", "price_momentum": 0.229492, "excess_performance": 0.284159, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.12148, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057515, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.454664, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.12119, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.178841, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.115167, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.229492, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.598792, "read": "Demand-led" } ], "volume": { "latest": 200, "relative_activity": 0.636132, "balance": 1.598792, "dry_up": 1.401081, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.045709, "annualized_volatility": 0.274319, "from_high_reference": -0.084285, "from_low_reference": 0.655978 }, "levels": { "trend_reference": 2351.589014, "fair_value_reference": 1812.968361, "structural_low": 2137.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.020459, "positive_rate": 0.684211, "directional_follow_through": 0.684211, "median_excess_return": 0.010788, "regime_survival": 0.789474, "best_return": 0.129032, "worst_return": -0.050885, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.071974, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.096681, "regime_survival": 0.666667, "best_return": 0.26342, "worst_return": -0.054457, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.16946, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.168546, "regime_survival": 0.666667, "best_return": 0.238822, "worst_return": 0.04722, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.224682, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.324069, "regime_survival": 0.0, "best_return": 0.224682, "worst_return": 0.224682, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-04-05", "tenure": "Developing", "return": 0.004932, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-05-24", "tenure": "Developing", "return": 0.0158, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-06-14", "tenure": "New", "return": 0.143232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-12-13", "tenure": "Established", "return": 0.168257, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-02-07", "tenure": "Developing", "return": 0.046625, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-07-04", "tenure": "Established", "return": -0.103344, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": 0.043175, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-09-19", "tenure": "Developing", "return": 0.10148, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2026-02-06", "tenure": "Established", "return": 0.199131, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": 0.024709, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-06-05", "tenure": "Developing", "return": 0.014299, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.002926, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1334.449463, "volume": 39, "typical_volume": 269.7, "trend": 1464.655994, "fair_value": 2071.47395, "relative_strength": -15.565953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.622757, "energy": 98.93456, "activity_lines": [ 1367.722705, 1389.838765, 1420.920228, 1432.075591 ] }, { "date": "2023-08-25", "close": 1333.452759, "volume": 17, "typical_volume": 267.4, "trend": 1453.128735, "fair_value": 2064.69116, "relative_strength": -15.001759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.317036, "energy": 96.854152, "activity_lines": [ 1351.830184, 1375.882735, 1411.287101, 1423.610867 ] }, { "date": "2023-09-01", "close": 1329.466431, "volume": 174, "typical_volume": 274.6, "trend": 1439.766064, "fair_value": 2058.377867, "relative_strength": -14.530908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.329575, "energy": 94.842771, "activity_lines": [ 1339.591903, 1363.611841, 1401.446535, 1415.632653 ] }, { "date": "2023-09-08", "close": 1385.874146, "volume": 901, "typical_volume": 228.8, "trend": 1432.942761, "fair_value": 2052.836253, "relative_strength": -9.25723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.373211, "energy": 68.40832, "activity_lines": [ 1351.404965, 1364.423622, 1397.457439, 1412.155755 ] }, { "date": "2023-09-15", "close": 1385.874146, "volume": 0, "typical_volume": 199.8, "trend": 1426.21912, "fair_value": 2047.294639, "relative_strength": -6.635583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.341105, "energy": 64.095887, "activity_lines": [ 1364.174773, 1366.021813, 1393.917988, 1409.119071 ] }, { "date": "2023-09-22", "close": 1385.874146, "volume": 0, "typical_volume": 196.4, "trend": 1421.322579, "fair_value": 2040.380957, "relative_strength": -6.6813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.339663, "energy": 47.128722, "activity_lines": [ 1374.858358, 1368.025893, 1390.541778, 1406.516169 ] }, { "date": "2023-09-29", "close": 1290.598999, "volume": 1544, "typical_volume": 270.1, "trend": 1414.711873, "fair_value": 2033.271757, "relative_strength": -11.100981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.328966, "energy": 65.89303, "activity_lines": [ 1350.355249, 1353.113106, 1378.568201, 1398.08239 ] }, { "date": "2023-10-06", "close": 1309.933105, "volume": 6808, "typical_volume": 584.75, "trend": 1410.20732, "fair_value": 2025.360233, "relative_strength": -6.970615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.682628, "energy": 69.882014, "activity_lines": [ 1335.15376, 1343.853775, 1369.408828, 1391.322469 ] }, { "date": "2023-10-13", "close": 1269.421265, "volume": 3070, "typical_volume": 738.25, "trend": 1403.270728, "fair_value": 2017.054871, "relative_strength": -8.775921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.114182, "energy": 90.298929, "activity_lines": [ 1307.750545, 1329.01529, 1357.241226, 1382.239498 ] }, { "date": "2023-10-20", "close": 1228.809692, "volume": 10, "typical_volume": 719.95, "trend": 1399.25118, "fair_value": 2009.230182, "relative_strength": -9.218914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.709726, "energy": 96.543579, "activity_lines": [ 1274.573665, 1309.171138, 1342.248809, 1370.983947 ] }, { "date": "2023-10-27", "close": 1202.898071, "volume": 5869, "typical_volume": 1013.4, "trend": 1393.807153, "fair_value": 2001.86542, "relative_strength": -11.874159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.94048, "energy": 96.635445, "activity_lines": [ 1243.230542, 1286.90253, 1325.91809, 1358.316005 ] }, { "date": "2023-11-03", "close": 1105.74939, "volume": 1650, "typical_volume": 1095.9, "trend": 1385.01156, "fair_value": 1992.053816, "relative_strength": -21.993527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -98.425701, "energy": 99.225025, "activity_lines": [ 1191.70293, 1249.362369, 1301.587974, 1339.731633 ] }, { "date": "2023-11-10", "close": 1245.751953, "volume": 337, "typical_volume": 1106.55, "trend": 1378.865934, "fair_value": 1984.324956, "relative_strength": -11.640891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.181467, "energy": 71.790597, "activity_lines": [ 1199.166146, 1241.417281, 1292.306909, 1330.747142 ] }, { "date": "2023-11-17", "close": 1245.751953, "volume": 0, "typical_volume": 1061.1, "trend": 1371.047677, "fair_value": 1976.596096, "relative_strength": -13.611997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.352141, "energy": 66.656358, "activity_lines": [ 1210.908105, 1234.994274, 1284.164816, 1322.159143 ] }, { "date": "2023-11-24", "close": 1245.751953, "volume": 0, "typical_volume": 1056.7, "trend": 1365.234253, "fair_value": 1967.781281, "relative_strength": -13.598021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.455829, "energy": 61.247561, "activity_lines": [ 1224.228019, 1231.118943, 1276.895937, 1314.075548 ] }, { "date": "2023-12-01", "close": 1325.330811, "volume": 1399, "typical_volume": 1126.65, "trend": 1359.880941, "fair_value": 1959.08692, "relative_strength": -9.273636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.673725, "energy": 25.447713, "activity_lines": [ 1262.944735, 1244.260172, 1277.97955, 1311.501133 ] }, { "date": "2023-12-08", "close": 1373.815308, "volume": 830, "typical_volume": 1168.15, "trend": 1355.8448, "fair_value": 1949.828206, "relative_strength": -6.404505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.143718, "energy": 23.599433, "activity_lines": [ 1309.660767, 1267.317552, 1284.075339, 1312.400124 ] }, { "date": "2023-12-15", "close": 1458.42688, "volume": 150, "typical_volume": 1175.15, "trend": 1354.844303, "fair_value": 1940.715816, "relative_strength": -4.97512, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.527424, "energy": 49.654577, "activity_lines": [ 1366.709595, 1304.24583, 1298.3931, 1319.018323 ] }, { "date": "2023-12-22", "close": 1487.442017, "volume": 100, "typical_volume": 1174.9, "trend": 1354.810978, "fair_value": 1931.232249, "relative_strength": -3.027635, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.624147, "energy": 58.197678, "activity_lines": [ 1419.251807, 1343.749701, 1315.235023, 1327.573014 ] }, { "date": "2023-12-29", "close": 1534.033447, "volume": 110, "typical_volume": 1150.4, "trend": 1357.078809, "fair_value": 1922.060311, "relative_strength": 0.306248, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 54.478526, "energy": 83.474458, "activity_lines": [ 1471.211825, 1387.760727, 1336.098907, 1339.135754 ] }, { "date": "2024-01-05", "close": 1520.828369, "volume": 154, "typical_volume": 1156.15, "trend": 1358.90647, "fair_value": 1912.957117, "relative_strength": 1.810556, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.119864, "energy": 83.424951, "activity_lines": [ 1499.551383, 1423.821307, 1354.850628, 1349.700242 ] }, { "date": "2024-01-12", "close": 1556.706421, "volume": 271, "typical_volume": 1168.85, "trend": 1361.930066, "fair_value": 1904.090298, "relative_strength": 5.47756, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.216294, "energy": 93.863199, "activity_lines": [ 1526.817122, 1460.624618, 1376.131788, 1362.461529 ] }, { "date": "2024-01-19", "close": 1489.315796, "volume": 1477, "typical_volume": 1234.0, "trend": 1362.076046, "fair_value": 1893.833292, "relative_strength": 1.417606, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.178726, "energy": 87.49964, "activity_lines": [ 1519.426579, 1476.97587, 1389.93168, 1370.679963 ] }, { "date": "2024-01-26", "close": 1519.831787, "volume": 290, "typical_volume": 1203.45, "trend": 1365.099548, "fair_value": 1883.816559, "relative_strength": 1.228955, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.075522, "energy": 67.201659, "activity_lines": [ 1520.148771, 1494.44705, 1405.87667, 1380.857753 ] }, { "date": "2024-02-02", "close": 1487.043335, "volume": 103, "typical_volume": 1208.6, "trend": 1367.727726, "fair_value": 1872.08901, "relative_strength": -2.828605, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.68485, "energy": 62.757549, "activity_lines": [ 1507.782161, 1500.973424, 1418.061057, 1388.725094 ] }, { "date": "2024-02-09", "close": 1510.762817, "volume": 128, "typical_volume": 1215.0, "trend": 1371.146554, "fair_value": 1860.787572, "relative_strength": 0.560873, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.375791, "energy": 57.023552, "activity_lines": [ 1506.45472, 1507.425315, 1432.022684, 1397.953164 ] }, { "date": "2024-02-16", "close": 1519.831787, "volume": 15, "typical_volume": 1138.55, "trend": 1374.86768, "fair_value": 1849.633707, "relative_strength": 1.727939, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.700097, "energy": 57.649065, "activity_lines": [ 1508.821305, 1512.154619, 1446.253314, 1407.54576 ] }, { "date": "2024-02-23", "close": 1615.506226, "volume": 192, "typical_volume": 807.75, "trend": 1381.777954, "fair_value": 1840.12167, "relative_strength": 9.079682, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.869443, "energy": 70.270066, "activity_lines": [ 1545.537679, 1531.62443, 1468.504211, 1423.070827 ] }, { "date": "2024-03-01", "close": 1676.00061, "volume": 1887, "typical_volume": 748.6, "trend": 1390.970463, "fair_value": 1832.192039, "relative_strength": 15.224796, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.727134, "energy": 90.39079, "activity_lines": [ 1594.006152, 1559.237231, 1495.061368, 1442.052934 ] }, { "date": "2024-03-08", "close": 1660.354004, "volume": 254, "typical_volume": 760.8, "trend": 1401.162903, "fair_value": 1823.393912, "relative_strength": 15.155365, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.772985, "energy": 90.235417, "activity_lines": [ 1626.847835, 1580.576858, 1518.192279, 1459.432517 ] }, { "date": "2024-03-15", "close": 1553.816406, "volume": 1598, "typical_volume": 547.25, "trend": 1408.475134, "fair_value": 1814.017937, "relative_strength": 5.352682, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.660864, "energy": 70.152131, "activity_lines": [ 1612.622941, 1580.249274, 1529.12178, 1469.281131 ] }, { "date": "2024-03-22", "close": 1594.278564, "volume": 195, "typical_volume": 474.5, "trend": 1417.169328, "fair_value": 1805.624893, "relative_strength": 7.162825, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.323643, "energy": 64.749233, "activity_lines": [ 1609.015193, 1586.678664, 1542.23378, 1481.268449 ] }, { "date": "2024-03-29", "close": 1548.085571, "volume": 11, "typical_volume": 458.2, "trend": 1424.456633, "fair_value": 1797.788598, "relative_strength": 2.559094, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.428561, "energy": 49.841724, "activity_lines": [ 1585.046663, 1584.026198, 1548.620118, 1489.714658 ] }, { "date": "2024-04-05", "close": 1496.660522, "volume": 779, "typical_volume": 497.15, "trend": 1428.149512, "fair_value": 1789.622655, "relative_strength": -2.094131, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.870832, "energy": 27.638403, "activity_lines": [ 1548.43116, 1570.955182, 1548.669149, 1494.372973 ] }, { "date": "2024-04-12", "close": 1494.916382, "volume": 553, "typical_volume": 524.8, "trend": 1431.784253, "fair_value": 1782.818988, "relative_strength": 0.418518, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.751612, "energy": 27.271951, "activity_lines": [ 1523.190283, 1557.988345, 1547.357268, 1498.680513 ] }, { "date": "2024-04-19", "close": 1408.211426, "volume": 796, "typical_volume": 494.65, "trend": 1432.528829, "fair_value": 1774.565201, "relative_strength": -4.066889, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -20.499027, "energy": 34.392438, "activity_lines": [ 1480.076929, 1529.113825, 1536.601275, 1497.159686 ] }, { "date": "2024-04-26", "close": 1336.654541, "volume": 836, "typical_volume": 494.95, "trend": 1434.064014, "fair_value": 1765.852716, "relative_strength": -11.873885, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -49.796175, "energy": 53.322528, "activity_lines": [ 1422.818278, 1489.093532, 1518.635671, 1490.974248 ] }, { "date": "2024-05-03", "close": 1523.319946, "volume": 1821, "typical_volume": 578.5, "trend": 1441.176908, "fair_value": 1759.743348, "relative_strength": 1.689809, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.537779, "energy": 26.966201, "activity_lines": [ 1444.956364, 1486.3429, 1518.62468, 1496.732695 ] }, { "date": "2024-05-10", "close": 1496.909668, "volume": 461, "typical_volume": 596.55, "trend": 1448.759855, "fair_value": 1753.292131, "relative_strength": -0.989898, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.161804, "energy": 22.020083, "activity_lines": [ 1459.942065, 1480.466513, 1515.789411, 1500.328357 ] }, { "date": "2024-05-17", "close": 1497.976074, "volume": 662, "typical_volume": 624.15, "trend": 1457.732068, "fair_value": 1746.635912, "relative_strength": -0.585013, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.751093, "energy": 13.507798, "activity_lines": [ 1475.266626, 1478.040217, 1513.010619, 1503.503597 ] }, { "date": "2024-05-24", "close": 1518.536011, "volume": 2330, "typical_volume": 732.95, "trend": 1468.253332, "fair_value": 1740.173966, "relative_strength": 4.737261, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.091847, "energy": 22.084382, "activity_lines": [ 1497.240519, 1482.304417, 1512.361619, 1507.426432 ] }, { "date": "2024-05-31", "close": 1479.967529, "volume": 2184, "typical_volume": 828.6, "trend": 1480.72727, "fair_value": 1733.240104, "relative_strength": 2.563911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.482157, "energy": 10.921676, "activity_lines": [ 1499.00328, 1480.197627, 1508.050346, 1508.182187 ] }, { "date": "2024-06-07", "close": 1658.759521, "volume": 1569, "typical_volume": 833.2, "trend": 1494.494189, "fair_value": 1726.56045, "relative_strength": 19.344642, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.20677, "energy": 40.938631, "activity_lines": [ 1550.809171, 1512.676855, 1521.132305, 1519.668138 ] }, { "date": "2024-06-14", "close": 1691.946533, "volume": 1100, "typical_volume": 873.7, "trend": 1509.367342, "fair_value": 1719.869939, "relative_strength": 22.97996, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 82.405778, "energy": 76.950118, "activity_lines": [ 1604.648095, 1549.177832, 1536.568058, 1532.406999 ] }, { "date": "2024-06-21", "close": 1691.946533, "volume": 0, "typical_volume": 868.55, "trend": 1524.240495, "fair_value": 1713.466906, "relative_strength": 21.289353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.902661, "energy": 85.455659, "activity_lines": [ 1645.484562, 1582.128154, 1551.184216, 1544.186302 ] }, { "date": "2024-06-28", "close": 1644.917969, "volume": 303, "typical_volume": 877.3, "trend": 1534.8934, "fair_value": 1706.681148, "relative_strength": 18.299783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.283676, "energy": 81.4351, "activity_lines": [ 1657.713476, 1602.945461, 1560.345733, 1551.971945 ] }, { "date": "2024-07-05", "close": 1666.047607, "volume": 2179, "typical_volume": 985.5, "trend": 1544.634477, "fair_value": 1700.559224, "relative_strength": 19.568765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.944073, "energy": 81.045132, "activity_lines": [ 1668.56014, 1623.300766, 1570.880763, 1560.433507 ] }, { "date": "2024-07-12", "close": 1737.808594, "volume": 1240, "typical_volume": 1037.9, "trend": 1553.9472, "fair_value": 1695.744161, "relative_strength": 18.308399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.224512, "energy": 85.10172, "activity_lines": [ 1690.921794, 1650.714557, 1587.553907, 1572.896353 ] }, { "date": "2024-07-19", "close": 1741.695435, "volume": 2562, "typical_volume": 1071.65, "trend": 1562.422314, "fair_value": 1690.252882, "relative_strength": 20.847338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.686542, "energy": 81.893515, "activity_lines": [ 1709.309123, 1674.935254, 1604.014834, 1585.009143 ] }, { "date": "2024-07-26", "close": 1741.695435, "volume": 0, "typical_volume": 1058.95, "trend": 1569.344381, "fair_value": 1685.989468, "relative_strength": 22.16979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.249901, "energy": 87.621863, "activity_lines": [ 1724.379859, 1694.7053, 1620.162929, 1596.57515 ] }, { "date": "2024-08-02", "close": 1741.695435, "volume": 0, "typical_volume": 979.05, "trend": 1576.706616, "fair_value": 1681.138311, "relative_strength": 22.871349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.662507, "energy": 89.090303, "activity_lines": [ 1736.134001, 1710.044085, 1635.923683, 1607.694573 ] }, { "date": "2024-08-09", "close": 1793.522827, "volume": 321, "typical_volume": 985.35, "trend": 1584.600496, "fair_value": 1676.794743, "relative_strength": 23.86339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.905516, "energy": 94.609197, "activity_lines": [ 1758.71211, 1730.748589, 1655.725718, 1621.682716 ] }, { "date": "2024-08-16", "close": 1820.931396, "volume": 190, "typical_volume": 994.3, "trend": 1595.65435, "fair_value": 1672.585667, "relative_strength": 22.614632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.671171, "energy": 93.234788, "activity_lines": [ 1781.92806, 1750.735463, 1677.18931, 1636.929871 ] }, { "date": "2024-08-23", "close": 1820.931396, "volume": 0, "typical_volume": 955.35, "trend": 1605.691003, "fair_value": 1667.427584, "relative_strength": 23.199406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.1352, "energy": 90.055047, "activity_lines": [ 1799.60249, 1767.773757, 1697.353636, 1651.463874 ] }, { "date": "2024-08-30", "close": 1820.931396, "volume": 0, "typical_volume": 927.7, "trend": 1616.820605, "fair_value": 1662.033454, "relative_strength": 23.734537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.528144, "energy": 70.2131, "activity_lines": [ 1811.994523, 1782.466872, 1715.973816, 1665.350351 ] }, { "date": "2024-09-06", "close": 1820.931396, "volume": 0, "typical_volume": 887.9, "trend": 1627.159558, "fair_value": 1656.610574, "relative_strength": 27.352673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.36743, "energy": 89.500459, "activity_lines": [ 1819.104158, 1794.814808, 1733.041543, 1678.518789 ] }, { "date": "2024-09-13", "close": 1820.931396, "volume": 0, "typical_volume": 846.1, "trend": 1637.196212, "fair_value": 1651.187694, "relative_strength": 24.382158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.475236, "energy": 88.551972, "activity_lines": [ 1820.931396, 1803.9625, 1748.143936, 1691.020198 ] }, { "date": "2024-09-20", "close": 1968.439941, "volume": 15235, "typical_volume": 1516.8, "trend": 1648.960669, "fair_value": 1646.876477, "relative_strength": 33.020092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.444804, "energy": 97.702989, "activity_lines": [ 1870.100911, 1837.113858, 1774.988683, 1712.390761 ] }, { "date": "2024-09-27", "close": 1918.820068, "volume": 520, "typical_volume": 1519.75, "trend": 1657.054651, "fair_value": 1643.363824, "relative_strength": 27.274565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.363378, "energy": 92.688227, "activity_lines": [ 1892.896565, 1857.050124, 1794.988108, 1729.801045 ] }, { "date": "2024-10-04", "close": 1855.829468, "volume": 1509, "typical_volume": 1562.1, "trend": 1663.5705, "fair_value": 1638.905708, "relative_strength": 22.754648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.88211, "energy": 67.570089, "activity_lines": [ 1888.169442, 1862.313106, 1806.979331, 1742.625226 ] }, { "date": "2024-10-11", "close": 1853.83606, "volume": 157, "typical_volume": 1453.45, "trend": 1673.571155, "fair_value": 1634.115391, "relative_strength": 22.332137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.547359, "energy": 67.140535, "activity_lines": [ 1880.45131, 1865.138485, 1817.076642, 1754.900424 ] }, { "date": "2024-10-18", "close": 1863.802856, "volume": 11, "typical_volume": 1344.8, "trend": 1682.555298, "fair_value": 1630.020463, "relative_strength": 20.746263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.536424, "energy": 62.718488, "activity_lines": [ 1873.8618, 1867.737089, 1826.526505, 1767.173437 ] }, { "date": "2024-10-25", "close": 1929.085815, "volume": 67, "typical_volume": 1269.7, "trend": 1695.255306, "fair_value": 1625.94889, "relative_strength": 26.911675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.969642, "energy": 66.545281, "activity_lines": [ 1886.175179, 1880.927503, 1840.366005, 1783.078632 ] }, { "date": "2024-11-01", "close": 1929.085815, "volume": 0, "typical_volume": 1214.7, "trend": 1709.669482, "fair_value": 1620.802073, "relative_strength": 28.433046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.444175, "energy": 67.293964, "activity_lines": [ 1901.112166, 1892.151473, 1852.918237, 1798.164471 ] }, { "date": "2024-11-08", "close": 2093.040527, "volume": 27, "typical_volume": 1216.05, "trend": 1729.606954, "fair_value": 1617.2768, "relative_strength": 34.659776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.185961, "energy": 76.579713, "activity_lines": [ 1970.016341, 1931.218947, 1879.955969, 1822.898087 ] }, { "date": "2024-11-15", "close": 2093.040527, "volume": 0, "typical_volume": 1200.9, "trend": 1752.434591, "fair_value": 1614.528557, "relative_strength": 36.766656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.136135, "energy": 97.799627, "activity_lines": [ 2023.106445, 1965.338982, 1905.08373, 1846.345414 ] }, { "date": "2024-11-22", "close": 1878.753174, "volume": 79, "typical_volume": 1095.9, "trend": 1770.504545, "fair_value": 1610.685343, "relative_strength": 21.800214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.235319, "energy": 66.689581, "activity_lines": [ 1988.820467, 1955.550242, 1907.669254, 1854.495 ] }, { "date": "2024-11-29", "close": 2037.226196, "volume": 200, "typical_volume": 1043.9, "trend": 1787.634753, "fair_value": 1608.820403, "relative_strength": 32.353793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.461689, "energy": 67.516884, "activity_lines": [ 2006.362142, 1973.523473, 1924.334563, 1871.702848 ] }, { "date": "2024-12-06", "close": 2003.338989, "volume": 100, "typical_volume": 920.8, "trend": 1804.515731, "fair_value": 1606.96886, "relative_strength": 25.186749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.274216, "energy": 53.542037, "activity_lines": [ 2005.398722, 1984.084734, 1936.346721, 1885.619251 ] }, { "date": "2024-12-13", "close": 1976.62793, "volume": 10, "typical_volume": 921.3, "trend": 1820.470793, "fair_value": 1604.946093, "relative_strength": 21.909088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.324944, "energy": 38.137038, "activity_lines": [ 1990.581405, 1988.252732, 1944.569047, 1896.723264 ] }, { "date": "2024-12-20", "close": 1906.859741, "volume": 54, "typical_volume": 924.0, "trend": 1833.414917, "fair_value": 1601.70948, "relative_strength": 21.499124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.183084, "energy": 32.808462, "activity_lines": [ 1960.268864, 1977.539269, 1945.028058, 1902.296744 ] }, { "date": "2024-12-27", "close": 1845.546387, "volume": 629, "typical_volume": 939.4, "trend": 1845.600879, "fair_value": 1598.533413, "relative_strength": 17.532865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.162327, "energy": 16.309922, "activity_lines": [ 1921.930591, 1954.713856, 1938.861205, 1903.07942 ] }, { "date": "2025-01-03", "close": 1904.669678, "volume": 20, "typical_volume": 930.9, "trend": 1853.797884, "fair_value": 1597.327065, "relative_strength": 21.25731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.230846, "energy": 23.406608, "activity_lines": [ 1905.513867, 1942.970068, 1938.07741, 1906.89031 ] }, { "date": "2025-01-10", "close": 1904.669678, "volume": 0, "typical_volume": 930.9, "trend": 1860.888655, "fair_value": 1596.53597, "relative_strength": 18.951823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.362568, "energy": 21.163941, "activity_lines": [ 1897.934245, 1931.67021, 1936.894861, 1910.172361 ] }, { "date": "2025-01-17", "close": 1823.937988, "volume": 35, "typical_volume": 932.65, "trend": 1865.288371, "fair_value": 1596.409228, "relative_strength": 12.477353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.860863, "energy": 26.93258, "activity_lines": [ 1870.022013, 1906.135793, 1927.624827, 1907.788447 ] }, { "date": "2025-01-24", "close": 1868.78894, "volume": 714, "typical_volume": 968.35, "trend": 1872.750736, "fair_value": 1596.748868, "relative_strength": 11.427544, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.532088, "energy": 26.446961, "activity_lines": [ 1867.239429, 1893.648868, 1922.611994, 1908.01429 ] }, { "date": "2025-01-31", "close": 1912.643311, "volume": 350, "typical_volume": 985.85, "trend": 1880.970593, "fair_value": 1596.935213, "relative_strength": 13.581515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.688905, "energy": 14.216192, "activity_lines": [ 1881.613021, 1893.212766, 1921.547875, 1910.588005 ] }, { "date": "2025-02-07", "close": 1995.76709, "volume": 50, "typical_volume": 226.6, "trend": 1889.56921, "fair_value": 1597.060274, "relative_strength": 14.145915, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.588371, "energy": 17.968666, "activity_lines": [ 1919.221411, 1907.273895, 1927.963584, 1917.99423 ] }, { "date": "2025-02-14", "close": 1818.954712, "volume": 100, "typical_volume": 205.6, "trend": 1892.144519, "fair_value": 1597.02297, "relative_strength": 1.195494, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.317824, "energy": 8.367126, "activity_lines": [ 1891.819181, 1889.94112, 1917.409888, 1913.438456 ] }, { "date": "2025-02-21", "close": 1853.938354, "volume": 210, "typical_volume": 140.65, "trend": 1895.88595, "fair_value": 1597.931814, "relative_strength": 3.434516, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.144168, "energy": 14.161405, "activity_lines": [ 1881.792497, 1882.321449, 1910.663518, 1910.973542 ] }, { "date": "2025-02-28", "close": 1818.954712, "volume": 314, "typical_volume": 148.5, "trend": 1898.461259, "fair_value": 1597.070399, "relative_strength": 3.948468, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.126697, "energy": 38.53166, "activity_lines": [ 1858.104574, 1870.571835, 1900.594377, 1906.010237 ] }, { "date": "2025-03-07", "close": 1750.721436, "volume": 15221, "typical_volume": 909.0, "trend": 1897.034546, "fair_value": 1596.947066, "relative_strength": -1.089402, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.467178, "energy": 80.616977, "activity_lines": [ 1814.994507, 1848.014444, 1884.192931, 1896.478635 ] }, { "date": "2025-03-14", "close": 1754.170044, "volume": 120, "typical_volume": 911.65, "trend": 1894.809167, "fair_value": 1597.163922, "relative_strength": -0.554054, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.953829, "energy": 83.207866, "activity_lines": [ 1783.828768, 1827.808163, 1868.658407, 1887.261571 ] }, { "date": "2025-03-21", "close": 1754.9375, "volume": 1290, "typical_volume": 976.15, "trend": 1892.609371, "fair_value": 1596.735416, "relative_strength": -1.157505, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.562762, "energy": 86.877548, "activity_lines": [ 1769.025317, 1810.477777, 1854.029906, 1878.237592 ] }, { "date": "2025-03-28", "close": 1754.942749, "volume": 0, "typical_volume": 974.8, "trend": 1890.409749, "fair_value": 1596.294168, "relative_strength": -2.422781, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.522102, "energy": 87.968238, "activity_lines": [ 1758.491431, 1795.870748, 1840.231182, 1869.355875 ] }, { "date": "2025-04-04", "close": 1436.480103, "volume": 250, "typical_volume": 987.3, "trend": 1877.594706, "fair_value": 1593.907317, "relative_strength": -17.560416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.931116, "energy": 98.519325, "activity_lines": [ 1648.403036, 1724.615878, 1797.712672, 1840.070091 ] }, { "date": "2025-04-11", "close": 1436.480103, "volume": 0, "typical_volume": 983.35, "trend": 1864.779663, "fair_value": 1591.935717, "relative_strength": -17.702812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -97.03185, "energy": 98.646023, "activity_lines": [ 1563.812948, 1661.221169, 1758.32064, 1811.611084 ] }, { "date": "2025-04-18", "close": 1436.480103, "volume": 0, "typical_volume": 973.35, "trend": 1847.047668, "fair_value": 1590.452836, "relative_strength": -20.147126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.37476, "energy": 96.576944, "activity_lines": [ 1500.172282, 1606.483974, 1721.034671, 1783.978855 ] }, { "date": "2025-04-25", "close": 1436.480103, "volume": 0, "typical_volume": 968.35, "trend": 1830.96967, "fair_value": 1590.097518, "relative_strength": -25.451857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.521611, "energy": 92.469509, "activity_lines": [ 1457.710946, 1561.915632, 1686.609397, 1757.490625 ] }, { "date": "2025-05-02", "close": 1590.219604, "volume": 375, "typical_volume": 986.6, "trend": 1822.116008, "fair_value": 1591.163337, "relative_strength": -16.217344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.495486, "energy": 88.097845, "activity_lines": [ 1487.726603, 1552.254011, 1669.525309, 1741.958362 ] }, { "date": "2025-05-09", "close": 1529.341919, "volume": 32, "typical_volume": 985.5, "trend": 1811.299536, "fair_value": 1592.661813, "relative_strength": -20.527796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.599933, "energy": 66.871444, "activity_lines": [ 1508.431242, 1536.318606, 1648.483385, 1723.069711 ] }, { "date": "2025-05-16", "close": 1529.341919, "volume": 0, "typical_volume": 954.05, "trend": 1800.150838, "fair_value": 1593.630621, "relative_strength": -22.51155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.418552, "energy": 64.300086, "activity_lines": [ 1522.945093, 1525.648888, 1629.239166, 1704.878897 ] }, { "date": "2025-05-23", "close": 1529.341919, "volume": 0, "typical_volume": 953.05, "trend": 1786.826042, "fair_value": 1594.551132, "relative_strength": -23.019901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.896024, "energy": 52.961839, "activity_lines": [ 1531.268156, 1519.004253, 1611.500681, 1687.407354 ] }, { "date": "2025-05-30", "close": 1516.185303, "volume": 249, "typical_volume": 965.5, "trend": 1773.062691, "fair_value": 1595.403086, "relative_strength": -22.905293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.014051, "energy": 56.075171, "activity_lines": [ 1529.014893, 1514.055289, 1594.296461, 1669.946661 ] }, { "date": "2025-06-06", "close": 1516.185303, "volume": 0, "typical_volume": 963.75, "trend": 1753.834184, "fair_value": 1596.133658, "relative_strength": -22.970605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.425931, "energy": 58.897724, "activity_lines": [ 1521.447949, 1513.447275, 1578.942167, 1653.373927 ] }, { "date": "2025-06-13", "close": 1614.63855, "volume": 410, "typical_volume": 948.55, "trend": 1737.887451, "fair_value": 1597.66061, "relative_strength": -16.877016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.382682, "energy": 46.20688, "activity_lines": [ 1551.634375, 1535.080895, 1574.429861, 1644.393563 ] }, { "date": "2025-06-20", "close": 1550.601196, "volume": 75, "typical_volume": 934.8, "trend": 1726.949052, "fair_value": 1597.828061, "relative_strength": -18.299546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.22524, "energy": 36.867312, "activity_lines": [ 1554.788574, 1541.832116, 1565.028999, 1632.310579 ] }, { "date": "2025-06-27", "close": 1569.794922, "volume": 38, "typical_volume": 934.2, "trend": 1711.36801, "fair_value": 1598.314548, "relative_strength": -18.726149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.074699, "energy": 26.120784, "activity_lines": [ 1562.923397, 1549.998176, 1559.180122, 1622.171603 ] }, { "date": "2025-07-04", "close": 1569.794922, "volume": 0, "typical_volume": 929.2, "trend": 1696.916541, "fair_value": 1597.40196, "relative_strength": -19.328558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.156906, "energy": 30.467776, "activity_lines": [ 1568.361353, 1555.74033, 1555.359683, 1613.037855 ] }, { "date": "2025-07-11", "close": 1569.794922, "volume": 0, "typical_volume": 918.7, "trend": 1683.35544, "fair_value": 1596.66825, "relative_strength": -17.171173, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -27.293116, "energy": 28.200195, "activity_lines": [ 1570.225334, 1559.058578, 1552.72572, 1604.836461 ] }, { "date": "2025-07-18", "close": 1637.570068, "volume": 62, "typical_volume": 906.1, "trend": 1674.379118, "fair_value": 1596.356219, "relative_strength": -12.936112, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 7.437628, "energy": 19.396098, "activity_lines": [ 1591.107056, 1575.070938, 1557.899596, 1601.882566 ] }, { "date": "2025-07-25", "close": 1637.570068, "volume": 0, "typical_volume": 145.05, "trend": 1667.446574, "fair_value": 1596.352431, "relative_strength": -14.313139, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 14.42368, "energy": 28.768839, "activity_lines": [ 1610.46001, 1589.115514, 1563.937209, 1599.507788 ] }, { "date": "2025-08-01", "close": 1637.570068, "volume": 0, "typical_volume": 139.05, "trend": 1658.543254, "fair_value": 1594.967139, "relative_strength": -13.448423, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": 20.499245, "energy": 57.168217, "activity_lines": [ 1624.015039, 1601.192305, 1570.513638, 1597.580272 ] }, { "date": "2025-08-08", "close": 1592.569336, "volume": 223, "typical_volume": 85.7, "trend": 1648.139909, "fair_value": 1593.598365, "relative_strength": -17.217386, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 8.664027, "energy": 48.357828, "activity_lines": [ 1618.051481, 1603.11936, 1573.35952, 1593.32389 ] }, { "date": "2025-08-15", "close": 1592.569336, "volume": 0, "typical_volume": 85.7, "trend": 1640.42762, "fair_value": 1592.691221, "relative_strength": -17.267172, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 4.966253, "energy": 36.171161, "activity_lines": [ 1610.569629, 1603.657615, 1576.978585, 1589.738692 ] }, { "date": "2025-08-22", "close": 1681.424805, "volume": 3249, "typical_volume": 235.65, "trend": 1634.182149, "fair_value": 1592.443103, "relative_strength": -13.701768, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 32.670057, "energy": 41.053428, "activity_lines": [ 1631.187972, 1618.962609, 1589.833282, 1592.383671 ] }, { "date": "2025-08-29", "close": 1681.424805, "volume": 25, "typical_volume": 236.9, "trend": 1626.474866, "fair_value": 1592.424969, "relative_strength": -12.647567, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.730595, "energy": 54.117217, "activity_lines": [ 1648.882666, 1633.053307, 1601.521575, 1595.431585 ] }, { "date": "2025-09-05", "close": 1722.289307, "volume": 36, "typical_volume": 238.7, "trend": 1617.35894, "fair_value": 1592.668787, "relative_strength": -12.777752, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.190347, "energy": 80.988137, "activity_lines": [ 1677.275212, 1652.195304, 1615.935323, 1601.613161 ] }, { "date": "2025-09-12", "close": 1722.289307, "volume": 0, "typical_volume": 238.7, "trend": 1614.13676, "fair_value": 1592.784836, "relative_strength": -14.279255, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.106376, "energy": 85.504071, "activity_lines": [ 1700.019808, 1668.564675, 1628.988074, 1608.382862 ] }, { "date": "2025-09-19", "close": 1754.183472, "volume": 332, "typical_volume": 236.55, "trend": 1610.811597, "fair_value": 1593.680297, "relative_strength": -11.36311, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.497471, "energy": 97.311578, "activity_lines": [ 1724.747795, 1687.960361, 1643.717368, 1617.418134 ] }, { "date": "2025-09-26", "close": 1788.795776, "volume": 1207, "typical_volume": 295.3, "trend": 1609.806299, "fair_value": 1594.884833, "relative_strength": -10.814193, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.213116, "energy": 98.634936, "activity_lines": [ 1750.238941, 1710.296673, 1660.962293, 1628.900985 ] }, { "date": "2025-10-03", "close": 1899.510498, "volume": 303, "typical_volume": 310.45, "trend": 1614.765934, "fair_value": 1596.510001, "relative_strength": -4.537146, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 99.501783, "energy": 99.760717, "activity_lines": [ 1805.476929, 1750.013377, 1687.515981, 1647.591578 ] }, { "date": "2025-10-10", "close": 1946.575073, "volume": 842, "typical_volume": 352.55, "trend": 1621.179435, "fair_value": 1598.919832, "relative_strength": 0.309303, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.713367, "energy": 99.483053, "activity_lines": [ 1861.864062, 1793.524723, 1716.789303, 1668.998619 ] }, { "date": "2025-10-17", "close": 1969.001099, "volume": 6128, "typical_volume": 646.5, "trend": 1628.314889, "fair_value": 1601.626743, "relative_strength": -0.270913, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.268456, "energy": 98.601485, "activity_lines": [ 1910.774154, 1835.495255, 1746.211612, 1691.438727 ] }, { "date": "2025-10-24", "close": 1974.483032, "volume": 799, "typical_volume": 686.45, "trend": 1635.632898, "fair_value": 1603.819387, "relative_strength": 1.287698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.352751, "energy": 93.237788, "activity_lines": [ 1945.064103, 1871.618288, 1773.999745, 1713.772155 ] }, { "date": "2025-10-31", "close": 2091.098145, "volume": 1730, "typical_volume": 752.45, "trend": 1657.453499, "fair_value": 1606.364119, "relative_strength": 4.798045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.071083, "energy": 93.542784, "activity_lines": [ 2003.53912, 1922.000184, 1810.711708, 1743.15701 ] }, { "date": "2025-11-07", "close": 1973.486328, "volume": 909, "typical_volume": 794.15, "trend": 1675.353707, "fair_value": 1608.41909, "relative_strength": -1.49328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.584734, "energy": 68.845723, "activity_lines": [ 2002.656706, 1943.549507, 1833.953691, 1763.546225 ] }, { "date": "2025-11-14", "close": 2090.998291, "volume": 5811, "typical_volume": 1082.8, "trend": 1697.17098, "fair_value": 1611.697216, "relative_strength": 6.640465, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.920198, "energy": 75.012684, "activity_lines": [ 2036.013224, 1981.154432, 1866.373551, 1790.362004 ] }, { "date": "2025-11-21", "close": 2152.894043, "volume": 634, "typical_volume": 1114.5, "trend": 1721.051445, "fair_value": 1615.37211, "relative_strength": 10.764724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.943421, "energy": 76.558539, "activity_lines": [ 2080.373446, 2023.309331, 1902.206323, 1819.763492 ] }, { "date": "2025-11-28", "close": 2239.60791, "volume": 706, "typical_volume": 1149.8, "trend": 1742.697721, "fair_value": 1619.360101, "relative_strength": 12.50199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.220459, "energy": 77.206359, "activity_lines": [ 2141.37876, 2073.40121, 1943.520897, 1853.218748 ] }, { "date": "2025-12-05", "close": 2236.019775, "volume": 213, "typical_volume": 1157.35, "trend": 1766.25365, "fair_value": 1623.574239, "relative_strength": 12.968084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.122829, "energy": 74.590284, "activity_lines": [ 2183.513037, 2114.014802, 1981.304157, 1885.045977 ] }, { "date": "2025-12-12", "close": 2211.699951, "volume": 112, "typical_volume": 1162.95, "trend": 1788.998918, "fair_value": 1627.632481, "relative_strength": 9.714329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.815425, "energy": 75.997057, "activity_lines": [ 2207.879264, 2142.075262, 2013.921484, 1913.784448 ] }, { "date": "2025-12-19", "close": 2214.690186, "volume": 1087, "typical_volume": 1217.3, "trend": 1811.84386, "fair_value": 1631.70031, "relative_strength": 11.405964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.387779, "energy": 68.403668, "activity_lines": [ 2217.361328, 2165.003229, 2044.089643, 1941.248401 ] }, { "date": "2025-12-26", "close": 2260.0, "volume": 55, "typical_volume": 1208.9, "trend": 1836.637683, "fair_value": 1636.058586, "relative_strength": 11.000501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.506101, "energy": 70.656923, "activity_lines": [ 2233.700537, 2191.294525, 2075.824831, 1970.1617 ] }, { "date": "2026-01-02", "close": 2206.570068, "volume": 138, "typical_volume": 1215.8, "trend": 1859.650509, "fair_value": 1640.074363, "relative_strength": 11.21277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.258281, "energy": 66.06626, "activity_lines": [ 2225.089372, 2202.580398, 2099.293213, 1994.028306 ] }, { "date": "2026-01-09", "close": 2260.0, "volume": 439, "typical_volume": 1075.3, "trend": 1881.162557, "fair_value": 1644.193072, "relative_strength": 10.882084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.19739, "energy": 67.332221, "activity_lines": [ 2236.490706, 2219.36104, 2124.926347, 2019.857305 ] }, { "date": "2026-01-16", "close": 2260.0, "volume": 1845, "typical_volume": 1166.3, "trend": 1904.809184, "fair_value": 1648.337335, "relative_strength": 9.295917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.709265, "energy": 65.510562, "activity_lines": [ 2246.293359, 2233.070739, 2147.804361, 2044.298431 ] }, { "date": "2026-01-23", "close": 2231.840088, "volume": 2229, "typical_volume": 1275.95, "trend": 1926.877356, "fair_value": 1651.879448, "relative_strength": 6.509287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.343836, "energy": 60.11697, "activity_lines": [ 2243.489372, 2236.451114, 2165.245358, 2065.397199 ] }, { "date": "2026-01-30", "close": 2182.169922, "volume": 789, "typical_volume": 1315.4, "trend": 1947.289856, "fair_value": 1654.775751, "relative_strength": 5.39166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.905283, "energy": 51.992896, "activity_lines": [ 2222.985335, 2228.23979, 2175.529432, 2081.867687 ] }, { "date": "2026-02-06", "close": 2145.0, "volume": 650, "typical_volume": 1331.3, "trend": 1966.463359, "fair_value": 1658.329769, "relative_strength": -0.63326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.892675, "energy": 40.346193, "activity_lines": [ 2195.279997, 2212.73801, 2180.083605, 2094.62318 ] }, { "date": "2026-02-13", "close": 2145.0, "volume": 0, "typical_volume": 1270.95, "trend": 1983.37769, "fair_value": 1661.902953, "relative_strength": -1.337882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.979384, "energy": 29.179926, "activity_lines": [ 2171.679329, 2198.956374, 2182.776747, 2106.141673 ] }, { "date": "2026-02-20", "close": 2137.0, "volume": 40, "typical_volume": 1257.8, "trend": 2000.025354, "fair_value": 1665.776219, "relative_strength": -1.361787, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.830101, "energy": 31.579024, "activity_lines": [ 2153.078662, 2185.375098, 2183.011773, 2116.05279 ] }, { "date": "2026-02-27", "close": 2182.080078, "volume": 503, "typical_volume": 1240.85, "trend": 2018.175688, "fair_value": 1670.219552, "relative_strength": 1.031675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.436925, "energy": 23.70102, "activity_lines": [ 2157.704687, 2181.34838, 2186.409238, 2127.798256 ] }, { "date": "2026-03-06", "close": 2210.0, "volume": 230, "typical_volume": 945.95, "trend": 2038.75671, "fair_value": 1675.122951, "relative_strength": 8.565914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.738372, "energy": 21.138603, "activity_lines": [ 2174.954687, 2182.990922, 2191.344291, 2140.174018 ] }, { "date": "2026-03-13", "close": 2198.0, "volume": 73, "typical_volume": 909.65, "trend": 2058.937732, "fair_value": 1679.741419, "relative_strength": 10.710157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.657533, "energy": 29.223324, "activity_lines": [ 2186.349349, 2183.360738, 2193.988873, 2150.447779 ] }, { "date": "2026-03-20", "close": 2198.0, "volume": 0, "typical_volume": 823.15, "trend": 2076.156905, "fair_value": 1685.181188, "relative_strength": 13.254976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.063114, "energy": 35.433945, "activity_lines": [ 2194.210677, 2183.886373, 2195.569088, 2159.419538 ] }, { "date": "2026-03-27", "close": 2216.0, "volume": 136, "typical_volume": 784.5, "trend": 2093.976078, "fair_value": 1690.628502, "relative_strength": 9.798976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.967182, "energy": 38.88421, "activity_lines": [ 2204.538672, 2188.812007, 2198.354533, 2168.441673 ] }, { "date": "2026-04-03", "close": 2161.02002, "volume": 28, "typical_volume": 495.35, "trend": 2108.600435, "fair_value": 1695.701598, "relative_strength": 2.240853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.63138, "energy": 22.959893, "activity_lines": [ 2191.27334, 2184.541282, 2194.748962, 2172.767089 ] }, { "date": "2026-04-10", "close": 2276.669922, "volume": 17, "typical_volume": 464.5, "trend": 2127.079789, "fair_value": 1701.128195, "relative_strength": 6.904883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.522268, "energy": 46.19183, "activity_lines": [ 2217.961979, 2202.585449, 2201.82423, 2183.610281 ] }, { "date": "2026-04-17", "close": 2370.399902, "volume": 1525, "typical_volume": 505.45, "trend": 2147.620337, "fair_value": 1706.833966, "relative_strength": 11.139258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.317486, "energy": 82.671367, "activity_lines": [ 2271.449284, 2235.953249, 2217.236755, 2199.308353 ] }, { "date": "2026-04-24", "close": 2302.629395, "volume": 13, "typical_volume": 495.45, "trend": 2164.748124, "fair_value": 1712.490855, "relative_strength": 8.348949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.460722, "energy": 81.196096, "activity_lines": [ 2290.853093, 2252.900959, 2225.572126, 2209.308937 ] }, { "date": "2026-05-01", "close": 2330.600586, "volume": 75, "typical_volume": 493.6, "trend": 2179.117794, "fair_value": 1717.905409, "relative_strength": 11.474432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.456368, "energy": 88.38375, "activity_lines": [ 2312.605339, 2272.068351, 2236.254232, 2220.009096 ] }, { "date": "2026-05-08", "close": 2297.644531, "volume": 193, "typical_volume": 448.9, "trend": 2190.820109, "fair_value": 1723.05121, "relative_strength": 6.367389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.555824, "energy": 83.025563, "activity_lines": [ 2315.732194, 2281.723722, 2243.231472, 2227.655983 ] }, { "date": "2026-05-15", "close": 2369.051025, "volume": 174, "typical_volume": 454.85, "trend": 2204.155107, "fair_value": 1728.696141, "relative_strength": 12.113722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.125418, "energy": 75.49819, "activity_lines": [ 2333.552913, 2302.26092, 2256.61431, 2239.154751 ] }, { "date": "2026-05-22", "close": 2279.163574, "volume": 63, "typical_volume": 451.1, "trend": 2214.311125, "fair_value": 1733.764871, "relative_strength": 6.822524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.552769, "energy": 44.818079, "activity_lines": [ 2315.252409, 2303.563108, 2260.917148, 2243.994007 ] }, { "date": "2026-05-29", "close": 2372.557617, "volume": 1191, "typical_volume": 488.7, "trend": 2223.693107, "fair_value": 1739.576147, "relative_strength": 10.218778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.911326, "energy": 50.227101, "activity_lines": [ 2334.165674, 2320.37033, 2273.768973, 2254.203458 ] }, { "date": "2026-06-05", "close": 2247.686035, "volume": 30, "typical_volume": 397.95, "trend": 2232.833097, "fair_value": 1744.586964, "relative_strength": 7.760238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.867213, "energy": 28.44301, "activity_lines": [ 2306.793196, 2311.299853, 2274.192278, 2255.751389 ] }, { "date": "2026-06-12", "close": 2322.608887, "volume": 35, "typical_volume": 288.25, "trend": 2240.553451, "fair_value": 1750.078056, "relative_strength": 7.981567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.97367, "energy": 24.381092, "activity_lines": [ 2309.92264, 2315.275604, 2281.809731, 2261.543376 ] }, { "date": "2026-06-19", "close": 2322.608887, "volume": 0, "typical_volume": 248.8, "trend": 2246.210612, "fair_value": 1755.447752, "relative_strength": 7.936615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.224834, "energy": 26.486402, "activity_lines": [ 2311.387793, 2316.313374, 2288.994951, 2266.837275 ] }, { "date": "2026-06-26", "close": 2645.0, "volume": 0, "typical_volume": 216.3, "trend": 2259.723682, "fair_value": 1763.241811, "relative_strength": 22.903463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.657307, "energy": 64.298313, "activity_lines": [ 2423.412793, 2375.132457, 2326.21533, 2292.565622 ] }, { "date": "2026-07-03", "close": 2750.0, "volume": 0, "typical_volume": 216.3, "trend": 2276.856356, "fair_value": 1771.843106, "relative_strength": 27.034637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.623669, "energy": 95.174921, "activity_lines": [ 2546.048698, 2448.04972, 2371.054756, 2324.196353 ] }, { "date": "2026-07-10", "close": 2837.189941, "volume": 1046, "typical_volume": 266.6, "trend": 2297.706022, "fair_value": 1781.003311, "relative_strength": 31.009563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.879251, "energy": 97.111601, "activity_lines": [ 2672.585091, 2528.685689, 2421.317034, 2360.346906 ] }, { "date": "2026-07-17", "close": 2715.0, "volume": 205, "typical_volume": 251.7, "trend": 2314.383016, "fair_value": 1789.380247, "relative_strength": 24.253114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.443226, "energy": 88.733215, "activity_lines": [ 2719.091243, 2577.894589, 2456.607937, 2387.269099 ] }, { "date": "2026-07-24", "close": 2652.0, "volume": 234, "typical_volume": 251.9, "trend": 2327.449683, "fair_value": 1797.353336, "relative_strength": 21.020897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.937691, "energy": 87.856676, "activity_lines": [ 2718.437988, 2608.060662, 2483.361126, 2409.05084 ] }, { "date": "2026-07-31", "close": 2553.48999, "volume": 1123, "typical_volume": 304.4, "trend": 2339.01368, "fair_value": 1804.746059, "relative_strength": 14.934314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.059424, "energy": 62.983163, "activity_lines": [ 2662.988655, 2615.171298, 2498.627647, 2423.634085 ] }, { "date": "2026-08-07", "close": 2637.26001, "volume": 200, "typical_volume": 314.4, "trend": 2351.589014, "fair_value": 1812.968361, "relative_strength": 17.884138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.729432, "energy": 49.98188, "activity_lines": [ 2641.56333, 2632.525093, 2520.179456, 2442.875784 ] } ], "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." } } }