{ "ticker": { "uuid": "1f4e127e-a74f-4a0b-8305-c44ac8243e88", "symbol": "GAW", "name": "Games Workshop Group PLC", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 86.801, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 16.547, "architecture_energy": 13.304, "architecture_maturity": 17.225, "architecture_confidence": 75.971, "architecture_tenure": "New", "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": 55.43, "rotation_up": 21.2, "upward_expansion": 52.57, "deceleration": 89.27, "rotation_down": 35.14, "downward_expansion": 20.9 }, "activity_lines": [ 19418.666667, 19905.698758, 19903.103161, 19498.06664 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 18880.0, "trend_reference": 18923.22246, "distance_from_trend": -0.002284, "trend_direction": "Improving", "fair_value": 13926.923215, "distance_from_fair_value": 0.355648, "fair_value_direction": "Weakening", "relative_strength": -2.750388, "relative_strength_direction": "Weakening", "price_momentum": 0.110031, "excess_performance": 0.058795, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.002284, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.028708, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.355648, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.13106, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.027504, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.115744, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.110031, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.31303, "read": "Supply-led" } ], "volume": { "latest": 1007317, "relative_activity": 2.645993, "balance": 0.31303, "dry_up": 1.602068, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.113981, "annualized_volatility": 0.278357, "from_high_reference": -0.139781, "from_low_reference": 0.342124 }, "levels": { "trend_reference": 18923.22246, "fair_value_reference": 13926.923215, "structural_low": 16378.59537, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.012779, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.02046, "regime_survival": 0.5, "best_return": 0.160849, "worst_return": -0.186628, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.014158, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.005035, "regime_survival": 0.2, "best_return": 0.062861, "worst_return": -0.082355, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.067072, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.000943, "regime_survival": 0.25, "best_return": 0.278226, "worst_return": -0.345211, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.121771, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.04724, "regime_survival": 0.333333, "best_return": 0.711506, "worst_return": -0.42383, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-29", "end": "2024-06-28", "tenure": "Established", "return": 0.062861, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-05", "end": "2025-01-10", "tenure": "Extended", "return": 0.273968, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.070422, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": -0.031525, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.176426, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-07-25", "tenure": "Developing", "return": -0.005049, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": -0.088762, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": 0.094157, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": 0.05098, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.034097, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": -0.049571, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-04-17", "tenure": "Established", "return": 0.124045, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-31", "tenure": "Established", "return": -0.017472, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 10879.489258, "volume": 241013, "typical_volume": 295914.35, "trend": 9946.733301, "fair_value": 9305.114865, "relative_strength": 27.683932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.572804, "energy": 48.082985, "activity_lines": [ 11226.198698, 11166.321396, 10696.211537, 10353.61498 ] }, { "date": "2023-08-25", "close": 10609.748047, "volume": 280512, "typical_volume": 299006.35, "trend": 9989.769987, "fair_value": 9314.14527, "relative_strength": 22.26374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.027467, "energy": 30.502241, "activity_lines": [ 10991.949284, 11086.754031, 10722.931055, 10396.390125 ] }, { "date": "2023-09-01", "close": 10709.652344, "volume": 213111, "typical_volume": 295514.1, "trend": 10029.977669, "fair_value": 9328.389993, "relative_strength": 20.43706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.494937, "energy": 21.428351, "activity_lines": [ 10841.524805, 11026.41685, 10753.094169, 10442.834148 ] }, { "date": "2023-09-08", "close": 10509.845703, "volume": 278244, "typical_volume": 293132.2, "trend": 10072.680534, "fair_value": 9330.830729, "relative_strength": 17.241798, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.657744, "energy": 23.573308, "activity_lines": [ 10689.67168, 10924.823278, 10759.22719, 10473.793376 ] }, { "date": "2023-09-15", "close": 11478.910156, "volume": 503399, "typical_volume": 304074.2, "trend": 10142.025846, "fair_value": 9339.800043, "relative_strength": 23.17815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.511624, "energy": 25.130882, "activity_lines": [ 10910.791732, 11006.664293, 10853.507492, 10564.517868 ] }, { "date": "2023-09-22", "close": 10689.672852, "volume": 284898, "typical_volume": 305284.75, "trend": 10192.720703, "fair_value": 9344.573787, "relative_strength": 14.208451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.01716, "energy": 16.684066, "activity_lines": [ 10861.506315, 10932.813104, 10865.147484, 10599.849933 ] }, { "date": "2023-09-29", "close": 10560.305664, "volume": 216574, "typical_volume": 305053.6, "trend": 10241.600195, "fair_value": 9346.183218, "relative_strength": 12.971892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.841572, "energy": 9.949408, "activity_lines": [ 10781.75293, 10842.681215, 10860.036719, 10623.565092 ] }, { "date": "2023-10-06", "close": 9835.969727, "volume": 213416, "typical_volume": 304128.25, "trend": 10274.991341, "fair_value": 9342.189866, "relative_strength": 6.032396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.735997, "energy": 10.826424, "activity_lines": [ 10463.850391, 10635.529972, 10782.412928, 10597.395384 ] }, { "date": "2023-10-13", "close": 9696.097656, "volume": 285828, "typical_volume": 303064.0, "trend": 10313.541471, "fair_value": 9336.276305, "relative_strength": 2.464234, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.995958, "energy": 35.410295, "activity_lines": [ 10157.569336, 10436.607191, 10690.770192, 10560.047404 ] }, { "date": "2023-10-20", "close": 9786.013672, "volume": 305906, "typical_volume": 308451.8, "trend": 10336.278288, "fair_value": 9329.915559, "relative_strength": 5.461465, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.17981, "energy": 50.628521, "activity_lines": [ 9935.510156, 10282.451385, 10606.398619, 10526.013353 ] }, { "date": "2023-10-27", "close": 9870.938477, "volume": 252921, "typical_volume": 307495.5, "trend": 10344.36722, "fair_value": 9326.850066, "relative_strength": 7.277516, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.821672, "energy": 54.223729, "activity_lines": [ 9854.619011, 10172.518288, 10529.084408, 10495.991429 ] }, { "date": "2023-11-03", "close": 10420.433594, "volume": 234813, "typical_volume": 290113.6, "trend": 10380.554427, "fair_value": 9320.333865, "relative_strength": 10.400424, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.727191, "energy": 37.048272, "activity_lines": [ 10011.475196, 10180.830682, 10501.407417, 10500.898937 ] }, { "date": "2023-11-10", "close": 10490.368164, "volume": 362877, "typical_volume": 292620.5, "trend": 10408.251172, "fair_value": 9324.5977, "relative_strength": 11.318508, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.194773, "energy": 16.438136, "activity_lines": [ 10200.967708, 10205.300533, 10481.571489, 10507.983695 ] }, { "date": "2023-11-17", "close": 10540.323242, "volume": 372127, "typical_volume": 295623.45, "trend": 10438.279102, "fair_value": 9328.829897, "relative_strength": 9.024245, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.023026, "energy": 7.61509, "activity_lines": [ 10363.485352, 10242.84011, 10466.246754, 10516.504473 ] }, { "date": "2023-11-24", "close": 10939.958008, "volume": 136865, "typical_volume": 284219.65, "trend": 10472.637988, "fair_value": 9337.671024, "relative_strength": 12.643619, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.00168, "energy": 18.422753, "activity_lines": [ 10602.932878, 10352.486417, 10490.733808, 10548.870854 ] }, { "date": "2023-12-01", "close": 10710.166992, "volume": 266882, "typical_volume": 286681.75, "trend": 10504.331641, "fair_value": 9343.151899, "relative_strength": 8.956128, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.348592, "energy": 16.897792, "activity_lines": [ 10688.853776, 10430.151669, 10492.70864, 10564.195306 ] }, { "date": "2023-12-08", "close": 9126.621094, "volume": 411738, "typical_volume": 294504.65, "trend": 10481.242708, "fair_value": 9336.338711, "relative_strength": -7.772261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.335925, "energy": 26.514529, "activity_lines": [ 10190.977474, 10219.526864, 10345.668336, 10475.310755 ] }, { "date": "2023-12-15", "close": 9781.020508, "volume": 657425, "typical_volume": 311684.75, "trend": 10484.295638, "fair_value": 9329.238181, "relative_strength": -1.641403, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.57739, "energy": 35.808254, "activity_lines": [ 9997.488477, 10153.950764, 10271.623117, 10430.135129 ] }, { "date": "2023-12-22", "close": 9980.836914, "volume": 329400, "typical_volume": 308235.85, "trend": 10502.832813, "fair_value": 9321.115328, "relative_strength": -1.448, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.196739, "energy": 45.872799, "activity_lines": [ 9917.894792, 10125.703995, 10225.685342, 10397.653921 ] }, { "date": "2023-12-29", "close": 9860.945313, "volume": 114584, "typical_volume": 298126.65, "trend": 10512.54554, "fair_value": 9312.6718, "relative_strength": -3.261324, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.556159, "energy": 52.347124, "activity_lines": [ 9835.636328, 10070.481676, 10174.416388, 10356.241824 ] }, { "date": "2024-01-05", "close": 9421.350586, "volume": 924820, "typical_volume": 332317.0, "trend": 10516.428809, "fair_value": 9298.339431, "relative_strength": -7.108927, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.516111, "energy": 57.158493, "activity_lines": [ 9678.780469, 9933.97065, 10088.462551, 10285.84215 ] }, { "date": "2024-01-12", "close": 9801.00293, "volume": 410453, "typical_volume": 338814.05, "trend": 10487.516732, "fair_value": 9292.646553, "relative_strength": -2.667026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.192782, "energy": 40.228527, "activity_lines": [ 9734.396485, 9874.661648, 10045.609598, 10239.685641 ] }, { "date": "2024-01-19", "close": 9742.228516, "volume": 344214, "typical_volume": 345369.2, "trend": 10464.303776, "fair_value": 9287.408604, "relative_strength": -1.323391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.76891, "energy": 33.749036, "activity_lines": [ 9725.46224, 9815.928764, 10001.010249, 10191.602531 ] }, { "date": "2024-01-26", "close": 9927.081055, "volume": 300011, "typical_volume": 346457.55, "trend": 10431.603027, "fair_value": 9284.955053, "relative_strength": -1.874809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.40268, "energy": 28.711938, "activity_lines": [ 9780.731641, 9804.407973, 9978.622684, 10156.943 ] }, { "date": "2024-02-02", "close": 9857.135742, "volume": 201551, "typical_volume": 331365.15, "trend": 10399.900488, "fair_value": 9284.484275, "relative_strength": -2.445202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.941475, "energy": 20.427192, "activity_lines": [ 9816.269662, 9791.319709, 9952.348731, 10119.880595 ] }, { "date": "2024-02-09", "close": 9747.225586, "volume": 202819, "typical_volume": 327261.2, "trend": 10355.211133, "fair_value": 9280.365961, "relative_strength": -3.149837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.029073, "energy": 21.012149, "activity_lines": [ 9815.424935, 9777.935458, 9923.329878, 10077.772537 ] }, { "date": "2024-02-16", "close": 9677.28125, "volume": 181074, "typical_volume": 325486.2, "trend": 10298.867155, "fair_value": 9279.030161, "relative_strength": -5.68936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.079715, "energy": 20.986491, "activity_lines": [ 9769.54043, 9769.342081, 9892.137505, 10034.035125 ] }, { "date": "2024-02-23", "close": 9717.24707, "volume": 244178, "typical_volume": 327024.3, "trend": 10233.200195, "fair_value": 9280.189772, "relative_strength": -5.36645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.348753, "energy": 24.916412, "activity_lines": [ 9745.225976, 9758.003214, 9868.956278, 9996.511248 ] }, { "date": "2024-03-01", "close": 9492.426758, "volume": 253145, "typical_volume": 325390.15, "trend": 10174.310384, "fair_value": 9278.660657, "relative_strength": -7.391536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.572454, "energy": 31.021521, "activity_lines": [ 9647.636849, 9706.947443, 9824.928939, 9948.719414 ] }, { "date": "2024-03-08", "close": 9602.339844, "volume": 217664, "typical_volume": 320978.05, "trend": 10115.421224, "fair_value": 9277.036396, "relative_strength": -6.193807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.401463, "energy": 38.903231, "activity_lines": [ 9615.66237, 9684.756055, 9792.339374, 9911.818089 ] }, { "date": "2024-03-15", "close": 9962.052734, "volume": 556716, "typical_volume": 336167.8, "trend": 10084.840007, "fair_value": 9279.797257, "relative_strength": -3.705602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.369788, "energy": 24.771155, "activity_lines": [ 9720.578581, 9732.668928, 9794.882817, 9901.923347 ] }, { "date": "2024-03-22", "close": 10261.814453, "volume": 419222, "typical_volume": 345388.25, "trend": 10073.24222, "fair_value": 9282.877272, "relative_strength": -3.442789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.25237, "energy": 7.792159, "activity_lines": [ 9911.093555, 9825.252983, 9825.541118, 9913.341053 ] }, { "date": "2024-03-29", "close": 10031.998047, "volume": 142702, "typical_volume": 334379.5, "trend": 10050.653744, "fair_value": 9282.820601, "relative_strength": -5.862599, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.986853, "energy": 13.755059, "activity_lines": [ 9986.03418, 9867.673846, 9835.067471, 9910.680139 ] }, { "date": "2024-04-05", "close": 9793.222656, "volume": 136151, "typical_volume": 322580.7, "trend": 10026.766309, "fair_value": 9278.418194, "relative_strength": -7.664824, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.459493, "energy": 15.974239, "activity_lines": [ 9960.399609, 9861.412464, 9824.036026, 9894.071682 ] }, { "date": "2024-04-12", "close": 9843.19043, "volume": 233158, "typical_volume": 327395.35, "trend": 9972.242318, "fair_value": 9272.224753, "relative_strength": -8.178609, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.821878, "energy": 12.388201, "activity_lines": [ 9931.367904, 9866.669922, 9821.321038, 9882.228077 ] }, { "date": "2024-04-19", "close": 9518.414063, "volume": 438674, "typical_volume": 335984.95, "trend": 9933.200358, "fair_value": 9264.333277, "relative_strength": -10.070943, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.796671, "energy": 19.376983, "activity_lines": [ 9778.020703, 9813.130682, 9792.89767, 9852.948835 ] }, { "date": "2024-04-26", "close": 9593.364258, "volume": 355025, "typical_volume": 333149.3, "trend": 9900.968978, "fair_value": 9256.410407, "relative_strength": -11.977085, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.577823, "energy": 24.978332, "activity_lines": [ 9679.232813, 9777.37896, 9777.28743, 9831.023925 ] }, { "date": "2024-05-03", "close": 9473.444336, "volume": 232452, "typical_volume": 311900.65, "trend": 9888.884798, "fair_value": 9247.590858, "relative_strength": -13.731875, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.55895, "energy": 38.877673, "activity_lines": [ 9585.034961, 9721.349379, 9748.033659, 9803.44169 ] }, { "date": "2024-05-10", "close": 9918.137695, "volume": 187467, "typical_volume": 304804.0, "trend": 9896.286133, "fair_value": 9240.790152, "relative_strength": -11.927217, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.680688, "energy": 23.850521, "activity_lines": [ 9676.305143, 9750.605913, 9762.596284, 9805.328974 ] }, { "date": "2024-05-17", "close": 9878.166016, "volume": 131619, "typical_volume": 305655.75, "trend": 9899.357878, "fair_value": 9230.726124, "relative_strength": -12.045256, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.107481, "energy": 15.75601, "activity_lines": [ 9745.923763, 9764.85467, 9773.650651, 9804.159934 ] }, { "date": "2024-05-24", "close": 9703.286133, "volume": 154882, "typical_volume": 267158.85, "trend": 9893.769466, "fair_value": 9216.530743, "relative_strength": -12.448402, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.543847, "energy": 12.319369, "activity_lines": [ 9754.917383, 9742.292063, 9767.967787, 9791.510144 ] }, { "date": "2024-05-31", "close": 9978.09668, "volume": 200280, "typical_volume": 256650.2, "trend": 9879.024902, "fair_value": 9204.352883, "relative_strength": -9.441506, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.341782, "energy": 12.195781, "activity_lines": [ 9843.189714, 9774.399858, 9787.114807, 9796.950609 ] }, { "date": "2024-06-07", "close": 9928.130859, "volume": 156545, "typical_volume": 247266.75, "trend": 9860.283659, "fair_value": 9194.67001, "relative_strength": -9.532742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.619671, "energy": 11.090682, "activity_lines": [ 9889.157943, 9802.581463, 9800.659873, 9800.118735 ] }, { "date": "2024-06-14", "close": 9393.5, "volume": 207930, "typical_volume": 242662.7, "trend": 9822.056218, "fair_value": 9183.223577, "relative_strength": -13.064437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.467846, "energy": 18.422165, "activity_lines": [ 9726.603451, 9735.445952, 9762.402465, 9770.003661 ] }, { "date": "2024-06-21", "close": 10612.657227, "volume": 386094, "typical_volume": 251889.85, "trend": 9811.146191, "fair_value": 9178.952424, "relative_strength": -2.707871, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.104304, "energy": 37.504749, "activity_lines": [ 10005.410547, 9897.243075, 9842.796131, 9821.010177 ] }, { "date": "2024-06-28", "close": 10662.623047, "volume": 301821, "typical_volume": 256839.95, "trend": 9809.561393, "fair_value": 9173.082063, "relative_strength": -1.164334, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.472455, "energy": 51.63236, "activity_lines": [ 10251.906836, 10054.134588, 9924.350726, 9875.944168 ] }, { "date": "2024-07-05", "close": 10552.696289, "volume": 195000, "typical_volume": 257536.25, "trend": 9857.097233, "fair_value": 9167.466778, "relative_strength": -2.369307, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.331658, "energy": 53.86174, "activity_lines": [ 10397.805078, 10170.235618, 9991.077069, 9923.888355 ] }, { "date": "2024-07-12", "close": 10672.616211, "volume": 166023, "typical_volume": 253628.5, "trend": 9886.81709, "fair_value": 9162.684207, "relative_strength": -1.561315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.866177, "energy": 63.05204, "activity_lines": [ 10545.369987, 10290.697869, 10065.055715, 9976.502482 ] }, { "date": "2024-07-19", "close": 10182.955078, "volume": 165717, "typical_volume": 249257.1, "trend": 9893.554362, "fair_value": 9151.563627, "relative_strength": -4.630617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.804521, "energy": 51.330323, "activity_lines": [ 10480.082161, 10300.327699, 10087.850591, 9995.608159 ] }, { "date": "2024-07-26", "close": 10402.802734, "volume": 153766, "typical_volume": 246062.2, "trend": 9911.616276, "fair_value": 9145.499349, "relative_strength": -3.727695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.347168, "energy": 31.531467, "activity_lines": [ 10435.446549, 10345.114968, 10128.295108, 10028.462893 ] }, { "date": "2024-08-02", "close": 9983.092773, "volume": 235750, "typical_volume": 230013.9, "trend": 9930.341016, "fair_value": 9134.118734, "relative_strength": -5.986944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.011429, "energy": 17.571762, "activity_lines": [ 10264.897916, 10304.052486, 10124.95552, 10033.07428 ] }, { "date": "2024-08-09", "close": 10024.058594, "volume": 251638, "typical_volume": 221634.7, "trend": 9937.776204, "fair_value": 9123.512608, "relative_strength": -5.126309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.110773, "energy": 15.457951, "activity_lines": [ 10153.306575, 10265.350941, 10125.417248, 10039.120575 ] }, { "date": "2024-08-16", "close": 10253.920898, "volume": 153024, "typical_volume": 222150.8, "trend": 9954.832617, "fair_value": 9114.379958, "relative_strength": -4.247723, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.115611, "energy": 14.445037, "activity_lines": [ 10153.578515, 10267.606871, 10148.902795, 10059.517007 ] }, { "date": "2024-08-23", "close": 10453.803711, "volume": 119543, "typical_volume": 221320.4, "trend": 9972.390039, "fair_value": 9106.272674, "relative_strength": -2.29569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.431885, "energy": 15.32549, "activity_lines": [ 10248.391081, 10300.281676, 10190.368025, 10091.70869 ] }, { "date": "2024-08-30", "close": 10453.803711, "volume": 164249, "typical_volume": 217874.95, "trend": 9992.278971, "fair_value": 9097.205604, "relative_strength": -2.592581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.218175, "energy": 21.09695, "activity_lines": [ 10325.14707, 10313.678231, 10228.68763, 10122.767637 ] }, { "date": "2024-09-06", "close": 9949.103516, "volume": 170012, "typical_volume": 204441.85, "trend": 9999.008236, "fair_value": 9084.263409, "relative_strength": -4.814116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.763848, "energy": 11.723543, "activity_lines": [ 10230.269596, 10238.199361, 10216.032868, 10119.982124 ] }, { "date": "2024-09-13", "close": 10443.808594, "volume": 178104, "typical_volume": 195595.8, "trend": 10024.559147, "fair_value": 9079.611241, "relative_strength": -0.849858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.170966, "energy": 21.74596, "activity_lines": [ 10302.559766, 10265.63995, 10248.441974, 10148.678921 ] }, { "date": "2024-09-20", "close": 10503.774414, "volume": 408805, "typical_volume": 204413.45, "trend": 10050.776725, "fair_value": 9077.454991, "relative_strength": 0.415927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.127957, "energy": 24.661306, "activity_lines": [ 10366.855208, 10305.963193, 10282.512374, 10179.596035 ] }, { "date": "2024-09-27", "close": 10813.588867, "volume": 149634, "typical_volume": 202521.8, "trend": 10094.815462, "fair_value": 9083.265838, "relative_strength": 2.386672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.33061, "energy": 38.979337, "activity_lines": [ 10517.765234, 10405.686186, 10341.18258, 10228.809722 ] }, { "date": "2024-10-04", "close": 10993.484375, "volume": 213649, "typical_volume": 206623.3, "trend": 10141.186947, "fair_value": 9091.989508, "relative_strength": 4.571213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.270911, "energy": 60.627559, "activity_lines": [ 10704.654753, 10526.651385, 10412.721638, 10286.788361 ] }, { "date": "2024-10-11", "close": 11373.259766, "volume": 273166, "typical_volume": 212537.5, "trend": 10188.227181, "fair_value": 9099.180445, "relative_strength": 8.368677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.138269, "energy": 72.435654, "activity_lines": [ 10982.157357, 10705.926989, 10515.118741, 10366.27693 ] }, { "date": "2024-10-18", "close": 11882.956055, "volume": 464900, "typical_volume": 225768.5, "trend": 10242.265234, "fair_value": 9107.783047, "relative_strength": 11.640072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.307763, "energy": 84.886513, "activity_lines": [ 11334.614974, 10952.598882, 10658.106092, 10475.614277 ] }, { "date": "2024-10-25", "close": 11873.801758, "volume": 508615, "typical_volume": 243372.0, "trend": 10303.658691, "fair_value": 9122.181778, "relative_strength": 12.888878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.839174, "energy": 86.700526, "activity_lines": [ 11588.077995, 11163.808221, 10791.150846, 10580.874698 ] }, { "date": "2024-11-01", "close": 12033.719727, "volume": 193153, "typical_volume": 242633.15, "trend": 10378.341927, "fair_value": 9136.389868, "relative_strength": 15.294874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.172986, "energy": 90.217278, "activity_lines": [ 11803.511849, 11374.641176, 10930.160784, 10692.491539 ] }, { "date": "2024-11-08", "close": 11913.783203, "volume": 257316, "typical_volume": 236194.25, "trend": 10447.361686, "fair_value": 9150.948893, "relative_strength": 15.539478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.458185, "energy": 86.647649, "activity_lines": [ 11897.624805, 11534.941744, 11045.175721, 10791.552266 ] }, { "date": "2024-11-15", "close": 11823.829102, "volume": 155772, "typical_volume": 228891.8, "trend": 10524.208854, "fair_value": 9165.315211, "relative_strength": 14.685625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.469721, "energy": 78.219072, "activity_lines": [ 11900.399805, 11652.341939, 11145.427762, 10880.356616 ] }, { "date": "2024-11-22", "close": 13722.836914, "volume": 307153, "typical_volume": 234499.45, "trend": 10661.857943, "fair_value": 9194.02792, "relative_strength": 29.517649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.501284, "energy": 89.437053, "activity_lines": [ 12506.139453, 12080.930362, 11421.008138, 11086.719716 ] }, { "date": "2024-11-29", "close": 14122.62793, "volume": 675579, "typical_volume": 259977.25, "trend": 10816.830729, "fair_value": 9224.919452, "relative_strength": 32.326649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.815073, "energy": 92.179258, "activity_lines": [ 13122.48405, 12522.589365, 11719.567941, 11309.995199 ] }, { "date": "2024-12-06", "close": 14132.625, "volume": 358928, "typical_volume": 269637.8, "trend": 10957.313639, "fair_value": 9254.755252, "relative_strength": 31.115865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.573456, "energy": 93.50868, "activity_lines": [ 13592.239258, 12900.268679, 12002.651219, 11523.91741 ] }, { "date": "2024-12-13", "close": 13912.738281, "volume": 420914, "typical_volume": 282995.2, "trend": 11091.799382, "fair_value": 9280.813909, "relative_strength": 28.471367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.688838, "energy": 89.04215, "activity_lines": [ 13848.771875, 13177.622479, 12245.984952, 11714.589968 ] }, { "date": "2024-12-20", "close": 12993.216797, "volume": 1798208, "typical_volume": 361118.1, "trend": 11201.463737, "fair_value": 9300.338304, "relative_strength": 22.620317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.323466, "energy": 77.220389, "activity_lines": [ 13665.533659, 13234.71321, 12385.031232, 11837.262059 ] }, { "date": "2024-12-27", "close": 13163.130859, "volume": 163794, "typical_volume": 356725.9, "trend": 11307.631543, "fair_value": 9320.919909, "relative_strength": 22.618328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.283708, "energy": 60.244853, "activity_lines": [ 13460.974284, 13293.243643, 12525.925879, 11963.821228 ] }, { "date": "2025-01-03", "close": 13233.094727, "volume": 149516, "typical_volume": 356550.5, "trend": 11417.797005, "fair_value": 9342.365923, "relative_strength": 21.477061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.299827, "energy": 45.674067, "activity_lines": [ 13317.049935, 13341.218874, 12658.535789, 12088.044659 ] }, { "date": "2025-01-10", "close": 13443.799805, "volume": 308922, "typical_volume": 366019.45, "trend": 11552.806999, "fair_value": 9373.833183, "relative_strength": 22.432464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.5487, "energy": 38.624531, "activity_lines": [ 13302.662826, 13402.789702, 12797.026307, 12218.754517 ] }, { "date": "2025-01-17", "close": 13363.834961, "volume": 411483, "typical_volume": 378381.15, "trend": 11644.512923, "fair_value": 9407.183325, "relative_strength": 17.579768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.510661, "energy": 36.724728, "activity_lines": [ 13307.542448, 13424.183647, 12913.663049, 12335.595031 ] }, { "date": "2025-01-24", "close": 14304.947266, "volume": 397896, "typical_volume": 389775.35, "trend": 11765.923731, "fair_value": 9449.349988, "relative_strength": 25.212641, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.29766, "energy": 52.20113, "activity_lines": [ 13662.719727, 13590.324343, 13106.072243, 12507.235957 ] }, { "date": "2025-01-31", "close": 14554.860352, "volume": 527494, "typical_volume": 407244.85, "trend": 11899.329199, "fair_value": 9491.070845, "relative_strength": 24.197852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.417562, "energy": 58.141283, "activity_lines": [ 14013.75267, 13756.792543, 13301.540569, 12687.167351 ] }, { "date": "2025-02-07", "close": 14284.955078, "volume": 535476, "typical_volume": 413578.4, "trend": 12019.740495, "fair_value": 9531.5095, "relative_strength": 20.913028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.640135, "energy": 56.716184, "activity_lines": [ 14182.035222, 13859.059357, 13451.727195, 12841.078698 ] }, { "date": "2025-02-14", "close": 14564.856445, "volume": 303779, "typical_volume": 421285.65, "trend": 12165.803874, "fair_value": 9576.142184, "relative_strength": 22.116174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.025756, "energy": 67.359932, "activity_lines": [ 14373.494206, 14009.265927, 13610.565472, 13005.279728 ] }, { "date": "2025-02-21", "close": 14145.003906, "volume": 211683, "typical_volume": 421187.35, "trend": 12290.543913, "fair_value": 9620.259324, "relative_strength": 18.973097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.018352, "energy": 66.576703, "activity_lines": [ 14350.265234, 14075.276918, 13711.554613, 13132.970052 ] }, { "date": "2025-02-28", "close": 14294.951172, "volume": 309101, "typical_volume": 422984.1, "trend": 12434.272526, "fair_value": 9668.601372, "relative_strength": 17.545778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.463348, "energy": 51.726721, "activity_lines": [ 14324.940755, 14164.328036, 13811.817211, 13262.28665 ] }, { "date": "2025-03-07", "close": 14464.892578, "volume": 344921, "typical_volume": 416985.15, "trend": 12582.300326, "fair_value": 9718.704734, "relative_strength": 20.031499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.341464, "energy": 48.275342, "activity_lines": [ 14356.929818, 14260.609695, 13914.351888, 13393.294395 ] }, { "date": "2025-03-14", "close": 14894.739258, "volume": 393198, "typical_volume": 411214.3, "trend": 12736.994271, "fair_value": 9767.91584, "relative_strength": 23.533452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.757636, "energy": 50.555599, "activity_lines": [ 14538.198958, 14411.3769, 14045.529409, 13542.484003 ] }, { "date": "2025-03-21", "close": 14434.902344, "volume": 336506, "typical_volume": 418381.95, "trend": 12869.697559, "fair_value": 9814.947209, "relative_strength": 18.904203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.747273, "energy": 44.738551, "activity_lines": [ 14525.536849, 14448.325675, 14118.527521, 13652.02646 ] }, { "date": "2025-03-28", "close": 14096.013672, "volume": 268557, "typical_volume": 418944.0, "trend": 12991.104557, "fair_value": 9858.45793, "relative_strength": 15.371331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.2646, "energy": 37.490613, "activity_lines": [ 14408.575456, 14405.638281, 14147.816318, 13731.143628 ] }, { "date": "2025-04-04", "close": 13146.28125, "volume": 388015, "typical_volume": 430556.15, "trend": 13097.677149, "fair_value": 9894.088607, "relative_strength": 15.046887, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.283852, "energy": 10.873396, "activity_lines": [ 13978.302604, 14176.959925, 14076.262835, 13741.155028 ] }, { "date": "2025-04-11", "close": 13756.109375, "volume": 862955, "typical_volume": 458346.25, "trend": 13208.087175, "fair_value": 9933.372443, "relative_strength": 20.942691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.916139, "energy": 17.496388, "activity_lines": [ 13827.883789, 14080.226065, 14056.49083, 13783.634526 ] }, { "date": "2025-04-18", "close": 14525.889648, "volume": 303427, "typical_volume": 439738.65, "trend": 13342.157682, "fair_value": 9978.582773, "relative_strength": 22.000336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.830009, "energy": 20.484733, "activity_lines": [ 13981.310612, 14137.975, 14109.872791, 13868.654041 ] }, { "date": "2025-04-25", "close": 15115.723633, "volume": 706722, "typical_volume": 457128.35, "trend": 13485.562175, "fair_value": 10028.054099, "relative_strength": 23.825949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.231106, "energy": 25.850998, "activity_lines": [ 14355.938737, 14298.585849, 14217.509124, 13983.07765 ] }, { "date": "2025-05-02", "close": 15465.625977, "volume": 400740, "typical_volume": 456119.65, "trend": 13634.633561, "fair_value": 10081.976403, "relative_strength": 22.970657, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.141209, "energy": 54.564874, "activity_lines": [ 14801.812891, 14512.799538, 14353.788067, 14110.823702 ] }, { "date": "2025-05-09", "close": 15675.56543, "volume": 274779, "typical_volume": 379948.2, "trend": 13778.04375, "fair_value": 10137.020461, "relative_strength": 24.174688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.937144, "energy": 72.70166, "activity_lines": [ 15226.359375, 14741.172727, 14502.666541, 14242.496726 ] }, { "date": "2025-05-16", "close": 15415.639648, "volume": 388483, "typical_volume": 391182.65, "trend": 13895.79987, "fair_value": 10191.198333, "relative_strength": 19.354288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.096812, "energy": 71.583261, "activity_lines": [ 15395.644987, 14897.184606, 14614.01709, 14348.148074 ] }, { "date": "2025-05-23", "close": 15425.636719, "volume": 339219, "typical_volume": 400667.8, "trend": 14014.194369, "fair_value": 10244.320284, "relative_strength": 18.053928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.819561, "energy": 67.84722, "activity_lines": [ 15457.627604, 15037.727823, 14715.593508, 14446.847226 ] }, { "date": "2025-05-30", "close": 15325.665039, "volume": 271110, "typical_volume": 398777.2, "trend": 14123.925879, "fair_value": 10296.321386, "relative_strength": 15.757556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.519413, "energy": 52.013666, "activity_lines": [ 15426.30319, 15150.44169, 14797.208138, 14531.458237 ] }, { "date": "2025-06-06", "close": 16125.438477, "volume": 201035, "typical_volume": 388254.8, "trend": 14264.314388, "fair_value": 10356.90527, "relative_strength": 19.947347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.367776, "energy": 49.143556, "activity_lines": [ 15647.573828, 15392.373225, 14946.030404, 14660.588082 ] }, { "date": "2025-06-13", "close": 16525.324219, "volume": 153968, "typical_volume": 376058.4, "trend": 14421.030892, "fair_value": 10423.636556, "relative_strength": 21.647228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.626217, "energy": 59.424687, "activity_lines": [ 15958.152214, 15670.112624, 15119.786533, 14806.459684 ] }, { "date": "2025-06-20", "close": 16295.390625, "volume": 227368, "typical_volume": 361052.1, "trend": 14506.782682, "fair_value": 10487.229896, "relative_strength": 20.136074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.468416, "energy": 64.157161, "activity_lines": [ 16135.435482, 15844.608771, 15261.071001, 14927.386118 ] }, { "date": "2025-06-27", "close": 16125.438477, "volume": 245870, "typical_volume": 346571.8, "trend": 14573.543034, "fair_value": 10546.853766, "relative_strength": 17.784482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.84163, "energy": 64.957433, "activity_lines": [ 16197.417969, 15942.035778, 15377.881311, 15031.815524 ] }, { "date": "2025-07-04", "close": 15875.507813, "volume": 283140, "typical_volume": 345539.85, "trend": 14631.639128, "fair_value": 10603.563511, "relative_strength": 14.91481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.586139, "energy": 55.249433, "activity_lines": [ 16129.436784, 15964.938139, 15462.124493, 15115.813252 ] }, { "date": "2025-07-11", "close": 16056.307617, "volume": 184673, "typical_volume": 344189.35, "trend": 14703.091439, "fair_value": 10661.720231, "relative_strength": 13.983502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.334282, "energy": 45.172482, "activity_lines": [ 16085.066016, 16006.898935, 15557.345508, 15207.727348 ] }, { "date": "2025-07-18", "close": 16236.265625, "volume": 497154, "typical_volume": 353592.0, "trend": 14811.193066, "fair_value": 10716.6465, "relative_strength": 13.833297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.344528, "energy": 37.608869, "activity_lines": [ 16105.289974, 16070.839702, 15660.603934, 15306.641812 ] }, { "date": "2025-07-25", "close": 15596.413086, "volume": 241446, "typical_volume": 348418.25, "trend": 14892.302474, "fair_value": 10767.055141, "relative_strength": 7.219316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.79855, "energy": 24.602345, "activity_lines": [ 15931.500326, 16008.249095, 15693.679669, 15357.301168 ] }, { "date": "2025-08-01", "close": 16326.245117, "volume": 342505, "typical_volume": 345883.6, "trend": 14995.407487, "fair_value": 10822.264411, "relative_strength": 12.093821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.712697, "energy": 28.037257, "activity_lines": [ 16047.586523, 16075.06843, 15790.875023, 15449.813596 ] }, { "date": "2025-08-08", "close": 15566.419922, "volume": 276774, "typical_volume": 342897.0, "trend": 15066.161491, "fair_value": 10874.075186, "relative_strength": 5.944308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.138248, "energy": 19.755956, "activity_lines": [ 15897.010547, 15987.363033, 15808.889379, 15486.653108 ] }, { "date": "2025-08-15", "close": 15676.394531, "volume": 536442, "typical_volume": 356291.25, "trend": 15143.24681, "fair_value": 10926.206881, "relative_strength": 5.583064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.711132, "energy": 15.489502, "activity_lines": [ 15803.698633, 15915.275657, 15831.989328, 15526.022982 ] }, { "date": "2025-08-22", "close": 15896.34375, "volume": 169001, "typical_volume": 345340.55, "trend": 15196.293359, "fair_value": 10982.116796, "relative_strength": 4.412036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.246337, "energy": 16.288488, "activity_lines": [ 15809.030664, 15891.343484, 15868.511198, 15574.609881 ] }, { "date": "2025-08-29", "close": 15446.987305, "volume": 131974, "typical_volume": 308791.5, "trend": 15226.030925, "fair_value": 11035.530267, "relative_strength": 2.41888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.170538, "energy": 11.155243, "activity_lines": [ 15687.238672, 15797.146147, 15849.141681, 15590.783684 ] }, { "date": "2025-09-05", "close": 15337.007813, "volume": 163789, "typical_volume": 301809.6, "trend": 15261.099349, "fair_value": 11085.838448, "relative_strength": 0.927382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.615803, "energy": 10.248063, "activity_lines": [ 15538.748568, 15698.378054, 15811.246126, 15597.943483 ] }, { "date": "2025-09-12", "close": 14797.113281, "volume": 222265, "typical_volume": 277586.75, "trend": 15268.841244, "fair_value": 11135.150078, "relative_strength": -3.784961, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.906973, "energy": 19.091217, "activity_lines": [ 15276.242774, 15515.782422, 15718.069578, 15568.008898 ] }, { "date": "2025-09-19", "close": 14877.098633, "volume": 827748, "typical_volume": 298937.15, "trend": 15293.244401, "fair_value": 11190.479117, "relative_strength": -2.946515, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.456483, "energy": 36.013306, "activity_lines": [ 15091.685873, 15367.336754, 15634.027874, 15542.735182 ] }, { "date": "2025-09-26", "close": 14557.161133, "volume": 214609, "typical_volume": 295928.65, "trend": 15301.984733, "fair_value": 11246.69986, "relative_strength": -6.02173, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.302012, "energy": 47.393046, "activity_lines": [ 14853.769531, 15182.160796, 15522.318443, 15495.245938 ] }, { "date": "2025-10-03", "close": 14347.201172, "volume": 268948, "typical_volume": 289951.9, "trend": 15298.061686, "fair_value": 11301.030608, "relative_strength": -9.584132, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.864916, "energy": 56.957011, "activity_lines": [ 14635.145378, 14989.339471, 15395.93856, 15433.646999 ] }, { "date": "2025-10-10", "close": 14467.178711, "volume": 253693, "typical_volume": 285675.6, "trend": 15283.809668, "fair_value": 11354.690198, "relative_strength": -8.376094, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.6273, "energy": 52.46725, "activity_lines": [ 14529.832813, 14841.045188, 15286.072912, 15380.041646 ] }, { "date": "2025-10-17", "close": 14677.989258, "volume": 348101, "typical_volume": 289525.15, "trend": 15291.912565, "fair_value": 11409.2502, "relative_strength": -6.47481, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.007012, "energy": 55.072223, "activity_lines": [ 14552.779037, 14764.881303, 15200.848545, 15340.956458 ] }, { "date": "2025-10-24", "close": 15297.90625, "volume": 317834, "typical_volume": 295365.1, "trend": 15331.975651, "fair_value": 11465.799548, "relative_strength": -5.624098, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.140159, "energy": 29.963294, "activity_lines": [ 14790.305859, 14817.582884, 15177.748061, 15341.343147 ] }, { "date": "2025-10-31", "close": 15927.819336, "volume": 465361, "typical_volume": 310934.75, "trend": 15424.693587, "fair_value": 11527.539081, "relative_strength": -2.649672, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -14.749219, "energy": 14.858142, "activity_lines": [ 15209.74987, 14991.695721, 15218.579929, 15379.784675 ] }, { "date": "2025-11-07", "close": 15297.90625, "volume": 592808, "typical_volume": 329206.75, "trend": 15476.086816, "fair_value": 11577.846902, "relative_strength": -6.276003, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.137722, "energy": 23.966915, "activity_lines": [ 15327.845638, 15050.706623, 15202.265337, 15371.604847 ] }, { "date": "2025-11-14", "close": 16077.798828, "volume": 565266, "typical_volume": 345176.55, "trend": 15527.817123, "fair_value": 11634.146281, "relative_strength": -1.872725, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 17.666192, "energy": 27.649508, "activity_lines": [ 15642.52526, 15254.22674, 15264.976153, 15410.424977 ] }, { "date": "2025-11-21", "close": 18767.431641, "volume": 612847, "typical_volume": 361661.9, "trend": 15649.540723, "fair_value": 11705.958471, "relative_strength": 16.043678, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 54.489971, "energy": 69.158584, "activity_lines": [ 16746.374479, 15933.302078, 15584.069331, 15619.432365 ] }, { "date": "2025-11-28", "close": 19407.341797, "volume": 455702, "typical_volume": 375213.35, "trend": 15780.93125, "fair_value": 11782.992917, "relative_strength": 17.379072, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.995753, "energy": 95.146455, "activity_lines": [ 17790.897591, 16656.537109, 15950.335268, 15861.871144 ] }, { "date": "2025-12-05", "close": 19747.294922, "volume": 269335, "typical_volume": 363822.4, "trend": 15916.655566, "fair_value": 11862.622653, "relative_strength": 19.63386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.601044, "energy": 96.383492, "activity_lines": [ 18674.776042, 17359.213743, 16333.020387, 16117.765575 ] }, { "date": "2025-12-12", "close": 19457.335938, "volume": 555065, "typical_volume": 379503.35, "trend": 16051.378776, "fair_value": 11933.06389, "relative_strength": 17.646169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.099828, "energy": 91.124064, "activity_lines": [ 19207.369792, 17914.804492, 16671.371178, 16346.196566 ] }, { "date": "2025-12-19", "close": 19458.332031, "volume": 533867, "typical_volume": 389071.45, "trend": 16185.801953, "fair_value": 12003.543526, "relative_strength": 14.239472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.427687, "energy": 88.576125, "activity_lines": [ 19463.000261, 18377.664808, 16991.431487, 16566.000002 ] }, { "date": "2025-12-26", "close": 18878.382813, "volume": 71011, "typical_volume": 378783.3, "trend": 16304.225879, "fair_value": 12069.72938, "relative_strength": 10.766275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.63276, "energy": 84.360564, "activity_lines": [ 19299.945443, 18644.33157, 17241.343839, 16739.714896 ] }, { "date": "2026-01-02", "close": 18438.419922, "volume": 167550, "typical_volume": 360338.7, "trend": 16381.325261, "fair_value": 12129.606114, "relative_strength": 7.020162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.593168, "energy": 62.610678, "activity_lines": [ 18982.839584, 18754.634286, 17433.58371, 16877.404835 ] }, { "date": "2026-01-09", "close": 18758.392578, "volume": 1064591, "typical_volume": 405118.2, "trend": 16455.760872, "fair_value": 12189.517459, "relative_strength": 6.747276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.625244, "energy": 50.269185, "activity_lines": [ 18836.986068, 18866.013601, 17643.144666, 17030.764016 ] }, { "date": "2026-01-16", "close": 18768.392578, "volume": 826122, "typical_volume": 439825.6, "trend": 16538.194271, "fair_value": 12251.245192, "relative_strength": 5.342725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.921621, "energy": 40.647337, "activity_lines": [ 18760.392708, 18927.746129, 17840.029199, 17179.966062 ] }, { "date": "2026-01-23", "close": 17828.472656, "volume": 266697, "typical_volume": 444971.0, "trend": 16594.962077, "fair_value": 12305.795354, "relative_strength": 0.889979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.376882, "energy": 30.10087, "activity_lines": [ 18416.422266, 18755.484375, 17931.581334, 17263.209829 ] }, { "date": "2026-01-30", "close": 17048.537109, "volume": 421758, "typical_volume": 454945.65, "trend": 16634.063053, "fair_value": 12354.161477, "relative_strength": -4.268502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.679217, "energy": 22.272459, "activity_lines": [ 17921.130599, 18409.585724, 17936.989774, 17292.472734 ] }, { "date": "2026-02-06", "close": 17008.541016, "volume": 541650, "typical_volume": 440640.75, "trend": 16665.804167, "fair_value": 12404.03187, "relative_strength": -5.838805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.314049, "energy": 22.694976, "activity_lines": [ 17534.496615, 18087.667685, 17927.867997, 17316.632603 ] }, { "date": "2026-02-13", "close": 16488.585938, "volume": 473983, "typical_volume": 453609.45, "trend": 16674.214844, "fair_value": 12449.480813, "relative_strength": -9.297071, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.306551, "energy": 28.545255, "activity_lines": [ 17069.869531, 17714.826918, 17859.076963, 17305.199168 ] }, { "date": "2026-02-20", "close": 17349.023438, "volume": 398515, "typical_volume": 460087.8, "trend": 16732.635189, "fair_value": 12501.917969, "relative_strength": -6.701151, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.027626, "energy": 27.447544, "activity_lines": [ 17043.375391, 17557.678587, 17863.035096, 17348.735207 ] }, { "date": "2026-02-27", "close": 17888.992188, "volume": 410909, "typical_volume": 467948.6, "trend": 16784.726758, "fair_value": 12558.296631, "relative_strength": -5.787425, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.271099, "energy": 19.248029, "activity_lines": [ 17291.495443, 17537.039347, 17904.124433, 17423.338884 ] }, { "date": "2026-03-06", "close": 17159.033203, "volume": 454612, "typical_volume": 473274.15, "trend": 16837.813867, "fair_value": 12611.66072, "relative_strength": -4.13514, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.639862, "energy": 13.477135, "activity_lines": [ 17292.261198, 17412.213743, 17859.399517, 17447.487687 ] }, { "date": "2026-03-13", "close": 17259.027344, "volume": 381884, "typical_volume": 476476.65, "trend": 16890.568294, "fair_value": 12667.554525, "relative_strength": -3.308252, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.906673, "energy": 6.727621, "activity_lines": [ 17318.991927, 17336.829794, 17812.383357, 17474.66275 ] }, { "date": "2026-03-20", "close": 17389.019531, "volume": 609348, "typical_volume": 483676.0, "trend": 16940.324154, "fair_value": 12720.664207, "relative_strength": 0.694744, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.774217, "energy": 12.115525, "activity_lines": [ 17372.354297, 17306.52429, 17768.408733, 17506.820894 ] }, { "date": "2026-03-27", "close": 17798.998047, "volume": 587465, "typical_volume": 483408.85, "trend": 17018.724512, "fair_value": 12773.040665, "relative_strength": 2.382639, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.840372, "energy": 11.83609, "activity_lines": [ 17502.347266, 17375.658026, 17756.521587, 17562.21921 ] }, { "date": "2026-04-03", "close": 17649.005859, "volume": 332837, "typical_volume": 471787.4, "trend": 17095.791113, "fair_value": 12826.336745, "relative_strength": -3.104482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.705364, "energy": 13.210996, "activity_lines": [ 17552.344531, 17435.14581, 17718.439509, 17602.882523 ] }, { "date": "2026-04-10", "close": 19013.929688, "volume": 378165, "typical_volume": 460053.3, "trend": 17236.35166, "fair_value": 12886.301257, "relative_strength": 2.696988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.122005, "energy": 31.388009, "activity_lines": [ 18073.315495, 17746.064595, 17802.868239, 17726.633399 ] }, { "date": "2026-04-17", "close": 20040.0, "volume": 470837, "typical_volume": 460810.05, "trend": 17408.448372, "fair_value": 12952.971223, "relative_strength": 7.412245, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.245035, "energy": 65.834899, "activity_lines": [ 18812.65013, 18207.807209, 17983.84415, 17907.513937 ] }, { "date": "2026-04-24", "close": 19460.0, "volume": 791496, "typical_volume": 486918.1, "trend": 17571.876335, "fair_value": 13014.194355, "relative_strength": 7.110063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.686122, "energy": 70.934188, "activity_lines": [ 19173.253255, 18508.977841, 18106.569308, 18039.872106 ] }, { "date": "2026-05-01", "close": 20069.162109, "volume": 281023, "typical_volume": 473216.0, "trend": 17762.608366, "fair_value": 13080.282846, "relative_strength": 10.458264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.503592, "energy": 79.779946, "activity_lines": [ 19598.845052, 18866.87951, 18288.677976, 18200.987317 ] }, { "date": "2026-05-08", "close": 19539.183594, "volume": 374302, "typical_volume": 465237.75, "trend": 17931.675195, "fair_value": 13142.589863, "relative_strength": 8.823967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.303391, "energy": 74.164428, "activity_lines": [ 19696.433073, 19078.964382, 18417.399042, 18315.605074 ] }, { "date": "2026-05-15", "close": 19389.189453, "volume": 356716, "typical_volume": 479523.0, "trend": 18088.715202, "fair_value": 13204.767791, "relative_strength": 8.237567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.919999, "energy": 57.890506, "activity_lines": [ 19618.011198, 19233.774112, 18531.449944, 18409.638252 ] }, { "date": "2026-05-22", "close": 20559.140625, "volume": 404055, "typical_volume": 491348.25, "trend": 18264.089681, "fair_value": 13276.142271, "relative_strength": 11.560103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.226223, "energy": 50.346517, "activity_lines": [ 19904.555729, 19560.753942, 18754.492355, 18569.020537 ] }, { "date": "2026-05-29", "close": 19859.169922, "volume": 458748, "typical_volume": 461056.1, "trend": 18395.134701, "fair_value": 13342.101287, "relative_strength": 8.161988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.217039, "energy": 37.614321, "activity_lines": [ 19923.167318, 19700.464311, 18900.772219, 18671.92894 ] }, { "date": "2026-06-05", "close": 18900.6968, "volume": 27072, "typical_volume": 421103.6, "trend": 18515.227719, "fair_value": 13403.613109, "relative_strength": 3.352591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.656187, "energy": 25.763356, "activity_lines": [ 19595.676538, 19620.995015, 18950.527132, 18704.54585 ] }, { "date": "2026-06-12", "close": 19707.313, "volume": 112374, "typical_volume": 413387.45, "trend": 18636.211525, "fair_value": 13461.555082, "relative_strength": 6.679943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.711376, "energy": 24.090357, "activity_lines": [ 19614.955511, 19668.152323, 19076.472615, 18781.454577 ] }, { "date": "2026-06-19", "close": 20274.9299, "volume": 151686, "typical_volume": 399883.85, "trend": 18686.461467, "fair_value": 13524.608369, "relative_strength": 10.780639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.950271, "energy": 27.805364, "activity_lines": [ 19812.231491, 19781.088938, 19247.529992, 18887.178344 ] }, { "date": "2026-06-26", "close": 21848.3298, "volume": 62717, "typical_volume": 375937.2, "trend": 18767.827733, "fair_value": 13594.738024, "relative_strength": 17.418455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.814114, "energy": 40.228009, "activity_lines": [ 20474.924741, 20157.170985, 19553.071203, 19091.169849 ] }, { "date": "2026-07-03", "close": 21140.0, "volume": 51608, "typical_volume": 354818.45, "trend": 18814.251236, "fair_value": 13660.967435, "relative_strength": 11.574087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.725881, "energy": 48.969285, "activity_lines": [ 20815.562113, 20371.587072, 19768.10582, 19244.213221 ] }, { "date": "2026-07-10", "close": 20060.0, "volume": 333204, "typical_volume": 351552.9, "trend": 18834.340038, "fair_value": 13718.480857, "relative_strength": 7.572292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.970085, "energy": 42.638392, "activity_lines": [ 20710.810813, 20359.094068, 19858.133704, 19324.584109 ] }, { "date": "2026-07-17", "close": 20260.0, "volume": 317610, "typical_volume": 346887.95, "trend": 18861.062304, "fair_value": 13775.483417, "relative_strength": 7.465217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.557736, "energy": 35.980176, "activity_lines": [ 20595.4393, 20383.131285, 19954.299794, 19416.562171 ] }, { "date": "2026-07-24", "close": 19940.0, "volume": 712336, "typical_volume": 359774.15, "trend": 18896.449543, "fair_value": 13828.385623, "relative_strength": 4.264061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.646692, "energy": 23.373484, "activity_lines": [ 20336.55532, 20335.88093, 20008.69918, 19486.171055 ] }, { "date": "2026-07-31", "close": 19120.0, "volume": 402336, "typical_volume": 360796.75, "trend": 18919.168879, "fair_value": 13878.775873, "relative_strength": -1.193216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.688657, "energy": 14.085075, "activity_lines": [ 19826.666667, 20129.524929, 19971.760629, 19500.593665 ] }, { "date": "2026-08-07", "close": 18880.0, "volume": 1007317, "typical_volume": 380695.2, "trend": 18923.22246, "fair_value": 13926.923215, "relative_strength": -2.750388, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.54665, "energy": 13.303615, "activity_lines": [ 19418.666667, 19905.698758, 19903.103161, 19498.06664 ] } ], "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." } } }