{ "ticker": { "uuid": "27ca4e32-85de-4dc5-9db6-e3e0fff96b02", "symbol": "NEULANDLAB", "name": "Neuland Laboratories Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 93.513, "architecture_energy": 74.455, "architecture_maturity": 38.513, "architecture_confidence": 77.104, "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": 8.05, "rotation_up": 74.82, "upward_expansion": 85.33, "deceleration": 59.09, "rotation_down": 15.67, "downward_expansion": 12.0 }, "activity_lines": [ 20156.200391, 19332.742152, 18145.277111, 16976.457136 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 22855.0, "trend_reference": 15599.33125, "distance_from_trend": 0.465127, "trend_direction": "Improving", "fair_value": 11543.131737, "distance_from_fair_value": 0.979965, "fair_value_direction": "Improving", "relative_strength": 47.267552, "relative_strength_direction": "Improving", "price_momentum": 0.754029, "excess_performance": 0.797738, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.465127, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052274, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.979965, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.261941, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.472676, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.184146, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.754029, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.467953, "read": "Demand-led" } ], "volume": { "latest": 1384955, "relative_activity": 5.549921, "balance": 2.467953, "dry_up": 1.799433, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.057673, "annualized_volatility": 0.467878, "from_high_reference": -0.027447, "from_low_reference": 0.987391 }, "levels": { "trend_reference": 15599.33125, "fair_value_reference": 11543.131737, "structural_low": 11500.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.037601, "positive_rate": 0.612903, "directional_follow_through": 0.612903, "median_excess_return": 0.036124, "regime_survival": 0.806452, "best_return": 0.425622, "worst_return": -0.179957, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.258568, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.238117, "regime_survival": 0.5, "best_return": 0.647766, "worst_return": -0.252277, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.570162, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.495767, "regime_survival": 0.166667, "best_return": 0.98284, "worst_return": -0.108906, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 1.714659, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 1.56584, "regime_survival": 0.666667, "best_return": 2.4792, "worst_return": 0.156897, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-05-24", "tenure": "Developing", "return": -0.091756, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-07-05", "tenure": "Developing", "return": 0.287133, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-12-27", "tenure": "Established", "return": 0.696192, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": -0.201732, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-03-14", "tenure": "New", "return": 0.043314, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-06-06", "tenure": "Developing", "return": 0.104897, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.043841, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": 0.006299, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-12-12", "tenure": "Established", "return": 0.21095, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": -0.121977, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-23", "end": "2026-02-20", "tenure": "Developing", "return": -0.046261, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.169825, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": -0.026492, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.320106, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3753.390869, "volume": 225924, "typical_volume": 397263.05, "trend": 2421.033708, "fair_value": 1685.606557, "relative_strength": 74.291758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.636384, "energy": 84.99397, "activity_lines": [ 3763.977099, 3488.25008, 3147.596192, 2836.772649 ] }, { "date": "2023-08-25", "close": 3932.233154, "volume": 192038, "typical_volume": 392137.55, "trend": 2504.128658, "fair_value": 1704.731255, "relative_strength": 78.799819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.452123, "energy": 83.797717, "activity_lines": [ 3856.49694, 3606.749254, 3251.684814, 2934.269388 ] }, { "date": "2023-09-01", "close": 3782.31665, "volume": 261693, "typical_volume": 392753.0, "trend": 2582.804586, "fair_value": 1722.713428, "relative_strength": 67.02901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.690824, "energy": 70.370346, "activity_lines": [ 3855.801985, 3679.255375, 3332.518263, 3016.733129 ] }, { "date": "2023-09-08", "close": 3690.103027, "volume": 136010, "typical_volume": 386246.35, "trend": 2658.880534, "fair_value": 1740.052309, "relative_strength": 56.720173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.333643, "energy": 58.11763, "activity_lines": [ 3798.907698, 3716.589155, 3396.380014, 3088.171738 ] }, { "date": "2023-09-15", "close": 3674.592529, "volume": 201053, "typical_volume": 385224.65, "trend": 2727.799447, "fair_value": 1756.05495, "relative_strength": 50.49835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.960688, "energy": 50.672626, "activity_lines": [ 3739.878792, 3735.170246, 3450.564567, 3153.701544 ] }, { "date": "2023-09-22", "close": 3637.487549, "volume": 132234, "typical_volume": 386933.75, "trend": 2796.132601, "fair_value": 1772.580609, "relative_strength": 50.375214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.247892, "energy": 38.784422, "activity_lines": [ 3696.86556, 3736.296444, 3493.842722, 3212.391099 ] }, { "date": "2023-09-29", "close": 3678.881836, "volume": 117796, "typical_volume": 305701.9, "trend": 2864.667659, "fair_value": 1788.712891, "relative_strength": 49.832547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.725154, "energy": 33.072652, "activity_lines": [ 3675.377311, 3732.636759, 3533.468501, 3269.342663 ] }, { "date": "2023-10-06", "close": 3920.762451, "volume": 123086, "typical_volume": 216123.45, "trend": 2939.72137, "fair_value": 1805.872627, "relative_strength": 56.800941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.292467, "energy": 39.084446, "activity_lines": [ 3751.406022, 3765.76831, 3590.831811, 3337.477811 ] }, { "date": "2023-10-13", "close": 3848.89624, "volume": 90417, "typical_volume": 208084.45, "trend": 3013.146586, "fair_value": 1823.260453, "relative_strength": 50.738978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.104794, "energy": 40.907929, "activity_lines": [ 3794.249609, 3776.372048, 3636.083777, 3396.134254 ] }, { "date": "2023-10-20", "close": 4044.894531, "volume": 141759, "typical_volume": 202260.9, "trend": 3092.982483, "fair_value": 1841.587175, "relative_strength": 57.244234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.863444, "energy": 48.72624, "activity_lines": [ 3891.839746, 3820.552566, 3694.901441, 3462.698637 ] }, { "date": "2023-10-27", "close": 3783.962646, "volume": 108950, "typical_volume": 197288.35, "trend": 3159.339433, "fair_value": 1858.271298, "relative_strength": 48.408406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.199579, "energy": 42.48605, "activity_lines": [ 3877.765787, 3818.29925, 3722.864377, 3507.278003 ] }, { "date": "2023-11-03", "close": 3856.626709, "volume": 91209, "typical_volume": 189224.95, "trend": 3219.6611, "fair_value": 1875.285866, "relative_strength": 47.318813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.774628, "energy": 39.569509, "activity_lines": [ 3878.148177, 3828.701731, 3753.024028, 3552.264279 ] }, { "date": "2023-11-10", "close": 5357.434082, "volume": 795383, "typical_volume": 220975.0, "trend": 3329.491146, "fair_value": 1902.635925, "relative_strength": 97.605475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.846211, "energy": 82.064949, "activity_lines": [ 4366.950032, 4113.352943, 3921.570826, 3690.185116 ] }, { "date": "2023-11-17", "close": 5379.078613, "volume": 174183, "typical_volume": 225249.65, "trend": 3443.190389, "fair_value": 1930.587536, "relative_strength": 90.722038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.532354, "energy": 95.064306, "activity_lines": [ 4767.188623, 4373.301025, 4079.85777, 3822.416566 ] }, { "date": "2023-11-24", "close": 5073.760742, "volume": 115924, "typical_volume": 217606.8, "trend": 3541.437459, "fair_value": 1956.577865, "relative_strength": 75.518793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.184183, "energy": 89.747015, "activity_lines": [ 4963.642431, 4547.02812, 4196.851258, 3927.614653 ] }, { "date": "2023-12-01", "close": 5356.935547, "volume": 182246, "typical_volume": 216700.55, "trend": 3651.915218, "fair_value": 1983.824627, "relative_strength": 76.94306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.176897, "energy": 91.159177, "activity_lines": [ 5185.896761, 4746.802122, 4331.346453, 4044.743562 ] }, { "date": "2023-12-08", "close": 5151.062988, "volume": 243309, "typical_volume": 212748.45, "trend": 3738.078947, "fair_value": 2009.936689, "relative_strength": 61.158486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.273229, "energy": 85.421475, "activity_lines": [ 5234.662044, 4877.882058, 4434.822288, 4141.462773 ] }, { "date": "2023-12-15", "close": 5146.125, "volume": 307593, "typical_volume": 218032.2, "trend": 3815.792969, "fair_value": 2036.206212, "relative_strength": 54.465544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.143203, "energy": 63.126992, "activity_lines": [ 5195.485579, 4981.297248, 4528.935127, 4232.304454 ] }, { "date": "2023-12-22", "close": 5102.437012, "volume": 202151, "typical_volume": 207683.85, "trend": 3893.283301, "fair_value": 2062.060737, "relative_strength": 51.123077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.426447, "energy": 57.164329, "activity_lines": [ 5155.833724, 5054.489848, 4610.574205, 4315.313747 ] }, { "date": "2023-12-29", "close": 5277.887695, "volume": 219958, "typical_volume": 203145.8, "trend": 3976.41158, "fair_value": 2088.985778, "relative_strength": 50.796418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.081606, "energy": 53.553214, "activity_lines": [ 5193.108203, 5136.790922, 4702.414296, 4404.643063 ] }, { "date": "2024-01-05", "close": 5558.918457, "volume": 209182, "typical_volume": 202308.7, "trend": 4068.64248, "fair_value": 2117.666684, "relative_strength": 56.03985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.578985, "energy": 56.135773, "activity_lines": [ 5310.451139, 5247.770441, 4815.411912, 4506.74028 ] }, { "date": "2024-01-12", "close": 5524.20752, "volume": 198916, "typical_volume": 202652.6, "trend": 4156.056722, "fair_value": 2145.34075, "relative_strength": 50.956274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.108833, "energy": 53.015701, "activity_lines": [ 5402.758236, 5320.166957, 4916.505973, 4600.647702 ] }, { "date": "2024-01-19", "close": 5896.504395, "volume": 205633, "typical_volume": 199849.6, "trend": 4260.274398, "fair_value": 2174.544145, "relative_strength": 59.708444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.115551, "energy": 60.016212, "activity_lines": [ 5594.287989, 5429.934162, 5045.47605, 4712.934649 ] }, { "date": "2024-01-26", "close": 6080.233398, "volume": 121110, "typical_volume": 199104.6, "trend": 4369.155176, "fair_value": 2205.351985, "relative_strength": 63.038323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.961718, "energy": 65.163113, "activity_lines": [ 5797.035449, 5563.305362, 5181.876566, 4830.351359 ] }, { "date": "2024-02-02", "close": 6129.807129, "volume": 218934, "typical_volume": 199998.65, "trend": 4470.62797, "fair_value": 2235.144936, "relative_strength": 57.123279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.580438, "energy": 63.598977, "activity_lines": [ 5951.121061, 5692.941699, 5311.616817, 4943.941807 ] }, { "date": "2024-02-09", "close": 6752.762207, "volume": 240036, "typical_volume": 205388.75, "trend": 4597.042676, "fair_value": 2265.963969, "relative_strength": 69.438404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.804008, "energy": 91.173771, "activity_lines": [ 6256.063737, 5916.641753, 5488.994624, 5091.176274 ] }, { "date": "2024-02-16", "close": 7131.791504, "volume": 266139, "typical_volume": 212805.9, "trend": 4725.315934, "fair_value": 2297.990877, "relative_strength": 72.606963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.952436, "energy": 92.324978, "activity_lines": [ 6607.759928, 6183.877557, 5687.635819, 5254.708457 ] }, { "date": "2024-02-23", "close": 6983.92041, "volume": 231442, "typical_volume": 218223.7, "trend": 4844.766789, "fair_value": 2329.923918, "relative_strength": 63.959739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.609603, "energy": 88.636666, "activity_lines": [ 6802.99349, 6388.214462, 5855.751625, 5400.424874 ] }, { "date": "2024-03-01", "close": 7249.939453, "volume": 184510, "typical_volume": 222928.35, "trend": 4961.910229, "fair_value": 2364.008228, "relative_strength": 65.391435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.243005, "energy": 90.787208, "activity_lines": [ 7014.405664, 6607.504004, 6034.616112, 5555.597304 ] }, { "date": "2024-03-08", "close": 6512.826172, "volume": 121749, "typical_volume": 221927.85, "trend": 5042.326017, "fair_value": 2392.880887, "relative_strength": 44.804711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.745971, "energy": 64.704975, "activity_lines": [ 6902.133008, 6653.72745, 6127.08389, 5655.656398 ] }, { "date": "2024-03-15", "close": 5896.703613, "volume": 572319, "typical_volume": 245096.3, "trend": 5113.769775, "fair_value": 2418.241825, "relative_strength": 31.732503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.984724, "energy": 43.579333, "activity_lines": [ 6558.951562, 6565.475186, 6149.121274, 5710.777533 ] }, { "date": "2024-03-22", "close": 6368.446289, "volume": 182352, "typical_volume": 249653.45, "trend": 5194.97688, "fair_value": 2446.262147, "relative_strength": 39.283621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.763239, "energy": 32.654923, "activity_lines": [ 6430.088249, 6556.85277, 6206.02586, 5791.724405 ] }, { "date": "2024-03-29", "close": 6306.005859, "volume": 49166, "typical_volume": 212342.6, "trend": 5279.099853, "fair_value": 2472.841923, "relative_strength": 34.261011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.252521, "energy": 25.300122, "activity_lines": [ 6331.301139, 6521.527752, 6245.022693, 5863.403694 ] }, { "date": "2024-04-05", "close": 6351.589355, "volume": 86562, "typical_volume": 207961.55, "trend": 5367.816064, "fair_value": 2498.429701, "relative_strength": 32.107066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.744416, "energy": 23.854091, "activity_lines": [ 6292.902832, 6487.045161, 6283.843803, 5932.596565 ] }, { "date": "2024-04-12", "close": 6648.379395, "volume": 220689, "typical_volume": 213199.8, "trend": 5466.942293, "fair_value": 2525.681448, "relative_strength": 36.045488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.949238, "energy": 25.458521, "activity_lines": [ 6413.324544, 6501.590652, 6346.299628, 6015.213554 ] }, { "date": "2024-04-19", "close": 7349.883301, "volume": 287891, "typical_volume": 218482.05, "trend": 5590.688818, "fair_value": 2556.917156, "relative_strength": 50.00225, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.234024, "energy": 43.875515, "activity_lines": [ 6758.54401, 6634.25372, 6468.067164, 6136.693619 ] }, { "date": "2024-04-26", "close": 6955.592773, "volume": 132245, "typical_volume": 212928.85, "trend": 5699.912516, "fair_value": 2585.531282, "relative_strength": 37.918886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.286902, "energy": 42.418434, "activity_lines": [ 6875.454655, 6684.370854, 6542.792994, 6224.751938 ] }, { "date": "2024-05-03", "close": 7538.550781, "volume": 118780, "typical_volume": 203488.2, "trend": 5820.505461, "fair_value": 2616.875926, "relative_strength": 46.324662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.704755, "energy": 63.528878, "activity_lines": [ 7147.541536, 6843.683966, 6664.445636, 6343.373762 ] }, { "date": "2024-05-10", "close": 7121.468262, "volume": 93779, "typical_volume": 198069.6, "trend": 5929.591195, "fair_value": 2649.382145, "relative_strength": 38.737925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.824754, "energy": 60.993958, "activity_lines": [ 7198.43125, 6917.079705, 6734.983629, 6427.306846 ] }, { "date": "2024-05-17", "close": 6244.562988, "volume": 318645, "typical_volume": 203003.95, "trend": 6002.913476, "fair_value": 2675.565207, "relative_strength": 18.22455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.382688, "energy": 30.518148, "activity_lines": [ 6905.693945, 6833.373961, 6712.392399, 6447.627607 ] }, { "date": "2024-05-24", "close": 6317.376465, "volume": 186415, "typical_volume": 201865.6, "trend": 6087.360604, "fair_value": 2702.004685, "relative_strength": 15.860164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.980763, "energy": 16.467136, "activity_lines": [ 6664.148893, 6767.784544, 6692.132571, 6467.915541 ] }, { "date": "2024-05-31", "close": 6027.069824, "volume": 115221, "typical_volume": 197680.85, "trend": 6159.708708, "fair_value": 2727.377058, "relative_strength": 11.568334, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.38753, "energy": 15.013784, "activity_lines": [ 6394.66875, 6641.763503, 6640.612786, 6464.025814 ] }, { "date": "2024-06-07", "close": 6274.73584, "volume": 150960, "typical_volume": 194947.2, "trend": 6190.285433, "fair_value": 2754.455189, "relative_strength": 11.302942, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.93747, "energy": 19.467115, "activity_lines": [ 6269.645475, 6566.979492, 6610.285658, 6471.446919 ] }, { "date": "2024-06-14", "close": 6472.280273, "volume": 165734, "typical_volume": 197178.4, "trend": 6226.725488, "fair_value": 2783.220307, "relative_strength": 12.857599, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.421587, "energy": 16.470738, "activity_lines": [ 6294.724674, 6528.681197, 6596.971184, 6489.640135 ] }, { "date": "2024-06-21", "close": 6554.918945, "volume": 88188, "typical_volume": 190641.1, "trend": 6276.097428, "fair_value": 2812.505972, "relative_strength": 12.965748, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.840127, "energy": 12.332666, "activity_lines": [ 6390.629297, 6503.213734, 6589.66017, 6510.813906 ] }, { "date": "2024-06-28", "close": 7465.786621, "volume": 292069, "typical_volume": 193242.75, "trend": 6346.392464, "fair_value": 2846.416172, "relative_strength": 24.342001, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.195296, "energy": 25.389369, "activity_lines": [ 6769.466081, 6645.057857, 6667.074116, 6587.568047 ] }, { "date": "2024-07-05", "close": 7757.63916, "volume": 157883, "typical_volume": 187829.95, "trend": 6433.278337, "fair_value": 2882.176915, "relative_strength": 25.995178, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.959586, "energy": 51.980496, "activity_lines": [ 7169.026367, 6837.858745, 6768.888188, 6678.616221 ] }, { "date": "2024-07-12", "close": 8071.615723, "volume": 163328, "typical_volume": 184424.25, "trend": 6530.794694, "fair_value": 2919.967777, "relative_strength": 28.403131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.079973, "energy": 73.076413, "activity_lines": [ 7557.874219, 7073.163619, 6897.624563, 6784.315408 ] }, { "date": "2024-07-19", "close": 8123.172852, "volume": 165486, "typical_volume": 183473.05, "trend": 6631.485889, "fair_value": 2958.181137, "relative_strength": 27.496499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.438508, "energy": 80.205936, "activity_lines": [ 7844.115788, 7308.150426, 7026.091639, 6887.049482 ] }, { "date": "2024-07-26", "close": 8370.018555, "volume": 84981, "typical_volume": 181634.65, "trend": 6734.556917, "fair_value": 2999.219841, "relative_strength": 28.206732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.974057, "energy": 84.317394, "activity_lines": [ 8102.579753, 7569.80546, 7173.909575, 6999.21288 ] }, { "date": "2024-08-02", "close": 11068.583984, "volume": 689679, "typical_volume": 187502.65, "trend": 6918.212435, "fair_value": 3059.409167, "relative_strength": 67.208959, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.739686, "energy": 97.89255, "activity_lines": [ 9139.558887, 8283.464107, 7569.889969, 7278.82753 ] }, { "date": "2024-08-09", "close": 11507.070313, "volume": 631959, "typical_volume": 209983.0, "trend": 7117.641195, "fair_value": 3122.3817, "relative_strength": 73.08509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.945421, "energy": 98.040428, "activity_lines": [ 10082.51364, 8990.46195, 7983.002965, 7574.882877 ] }, { "date": "2024-08-16", "close": 11655.498047, "volume": 110358, "typical_volume": 213042.6, "trend": 7309.60765, "fair_value": 3186.932903, "relative_strength": 70.70141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.633478, "energy": 96.577931, "activity_lines": [ 10824.982227, 9624.810281, 8385.782296, 7867.647835 ] }, { "date": "2024-08-23", "close": 12188.255859, "volume": 117939, "typical_volume": 214611.45, "trend": 7513.208398, "fair_value": 3254.443961, "relative_strength": 73.044572, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.8713, "energy": 95.306422, "activity_lines": [ 11506.111263, 10258.191628, 8813.826695, 8182.399332 ] }, { "date": "2024-08-30", "close": 12491.855469, "volume": 103600, "typical_volume": 208757.0, "trend": 7725.276676, "fair_value": 3324.235556, "relative_strength": 70.973344, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.066257, "energy": 93.51494, "activity_lines": [ 12017.434635, 10842.846076, 9242.991692, 8503.602369 ] }, { "date": "2024-09-06", "close": 12894.171875, "volume": 150118, "typical_volume": 201868.35, "trend": 7929.990332, "fair_value": 3395.647047, "relative_strength": 75.33077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.780778, "energy": 93.236545, "activity_lines": [ 12388.074349, 11392.704661, 9682.646461, 8837.079479 ] }, { "date": "2024-09-13", "close": 12507.192383, "volume": 117982, "typical_volume": 201155.2, "trend": 8109.170361, "fair_value": 3465.574709, "relative_strength": 63.38103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.379033, "energy": 68.376966, "activity_lines": [ 12508.015039, 11773.505424, 10059.044666, 9132.382837 ] }, { "date": "2024-09-20", "close": 12760.532227, "volume": 72379, "typical_volume": 198835.15, "trend": 8301.724089, "fair_value": 3537.618087, "relative_strength": 60.710242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.998789, "energy": 68.694101, "activity_lines": [ 12645.727539, 12114.012465, 10433.134287, 9432.470699 ] }, { "date": "2024-09-27", "close": 12779.916992, "volume": 285589, "typical_volume": 208425.65, "trend": 8486.056673, "fair_value": 3609.871384, "relative_strength": 55.643961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.93867, "energy": 66.701905, "activity_lines": [ 12716.232682, 12372.79098, 10784.203497, 9721.38637 ] }, { "date": "2024-10-04", "close": 12067.006836, "volume": 89441, "typical_volume": 196965.45, "trend": 8671.196029, "fair_value": 3677.690848, "relative_strength": 51.179843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.538767, "energy": 62.197595, "activity_lines": [ 12509.657031, 12417.281392, 11040.431508, 9952.415413 ] }, { "date": "2024-10-11", "close": 14235.861328, "volume": 289959, "typical_volume": 202142.65, "trend": 8949.167952, "fair_value": 3757.376775, "relative_strength": 74.758155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.396762, "energy": 67.656249, "activity_lines": [ 13054.35612, 12788.891016, 11475.491167, 10311.426077 ] }, { "date": "2024-10-18", "close": 14072.996094, "volume": 325391, "typical_volume": 212651.15, "trend": 9205.986279, "fair_value": 3837.233774, "relative_strength": 69.927118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.958969, "energy": 62.345586, "activity_lines": [ 13455.320833, 13073.301918, 11857.33278, 10641.995635 ] }, { "date": "2024-10-25", "close": 13791.829102, "volume": 216625, "typical_volume": 215934.4, "trend": 9455.513721, "fair_value": 3915.047308, "relative_strength": 67.573993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.776798, "energy": 58.243239, "activity_lines": [ 13658.176302, 13259.938352, 12174.08265, 10937.856462 ] }, { "date": "2024-11-01", "close": 14548.801758, "volume": 76998, "typical_volume": 211497.6, "trend": 9728.754134, "fair_value": 3997.594261, "relative_strength": 72.004289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.170628, "energy": 66.09489, "activity_lines": [ 14044.602865, 13545.363796, 12527.129471, 11266.45569 ] }, { "date": "2024-11-08", "close": 13781.137695, "volume": 402688, "typical_volume": 227222.6, "trend": 9966.512744, "fair_value": 4075.498205, "relative_strength": 61.352804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.809568, "energy": 55.669829, "activity_lines": [ 14057.215755, 13648.29494, 12768.605804, 11527.899791 ] }, { "date": "2024-11-15", "close": 15577.350586, "volume": 361782, "typical_volume": 230708.25, "trend": 10240.761654, "fair_value": 4164.629536, "relative_strength": 83.273849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.762195, "energy": 57.802912, "activity_lines": [ 14554.290885, 14054.36875, 13146.739465, 11889.889329 ] }, { "date": "2024-11-22", "close": 14892.617188, "volume": 79593, "typical_volume": 226793.75, "trend": 10505.329134, "fair_value": 4249.4258, "relative_strength": 69.170338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.334667, "energy": 53.439266, "activity_lines": [ 14733.688932, 14287.160512, 13421.033926, 12190.009041 ] }, { "date": "2024-11-29", "close": 16695.474609, "volume": 164371, "typical_volume": 226845.9, "trend": 10810.559928, "fair_value": 4345.105633, "relative_strength": 83.786519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.106633, "energy": 60.052123, "activity_lines": [ 15459.398047, 14804.373171, 13833.053009, 12589.373265 ] }, { "date": "2024-12-06", "close": 17581.441406, "volume": 221852, "typical_volume": 229664.2, "trend": 11159.2257, "fair_value": 4446.922536, "relative_strength": 84.844036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.918993, "energy": 66.034503, "activity_lines": [ 16286.85306, 15411.126296, 14288.383887, 13026.204328 ] }, { "date": "2024-12-13", "close": 15252.369141, "volume": 1191698, "typical_volume": 285000.05, "trend": 11459.485905, "fair_value": 4534.452244, "relative_strength": 56.82931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.933682, "energy": 52.445287, "activity_lines": [ 16135.774675, 15507.111293, 14476.858984, 13290.278099 ] }, { "date": "2024-12-20", "close": 13879.65625, "volume": 358637, "typical_volume": 268447.95, "trend": 11711.561898, "fair_value": 4613.570194, "relative_strength": 47.337509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.889694, "energy": 42.638367, "activity_lines": [ 15429.043229, 15295.596449, 14501.826423, 13446.418121 ] }, { "date": "2024-12-27", "close": 13691.011719, "volume": 121660, "typical_volume": 242933.0, "trend": 11967.026628, "fair_value": 4691.529645, "relative_strength": 41.690757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.74986, "energy": 25.848136, "activity_lines": [ 14772.609896, 15056.259055, 14495.441657, 13574.124561 ] }, { "date": "2025-01-03", "close": 13762.802734, "volume": 103639, "typical_volume": 242597.05, "trend": 12216.628857, "fair_value": 4769.711989, "relative_strength": 39.205013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.425753, "energy": 22.86475, "activity_lines": [ 14220.213932, 14836.919744, 14485.49441, 13689.981084 ] }, { "date": "2025-01-10", "close": 14032.928711, "volume": 165699, "typical_volume": 244985.05, "trend": 12468.650472, "fair_value": 4848.939057, "relative_strength": 43.094078, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.150308, "energy": 23.118021, "activity_lines": [ 13953.371419, 14667.221999, 14491.238663, 13807.16172 ] }, { "date": "2025-01-17", "close": 13639.705078, "volume": 187809, "typical_volume": 249195.5, "trend": 12704.81001, "fair_value": 4926.529645, "relative_strength": 38.448134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.478867, "energy": 15.9679, "activity_lines": [ 13792.021875, 14435.408558, 14450.748889, 13882.71363 ] }, { "date": "2025-01-24", "close": 13770.945313, "volume": 219399, "typical_volume": 252659.55, "trend": 12914.981966, "fair_value": 5005.43803, "relative_strength": 38.49758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.988394, "energy": 13.64222, "activity_lines": [ 13781.930013, 14230.02848, 14417.292234, 13951.496553 ] }, { "date": "2025-01-31", "close": 14111.663086, "volume": 179326, "typical_volume": 255726.75, "trend": 13126.782764, "fair_value": 5087.622808, "relative_strength": 37.448466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.397332, "energy": 10.161143, "activity_lines": [ 13892.658138, 14119.44082, 14412.10978, 14028.701786 ] }, { "date": "2025-02-07", "close": 14235.560547, "volume": 136788, "typical_volume": 258947.2, "trend": 13332.247591, "fair_value": 5171.727097, "relative_strength": 36.582377, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.014352, "energy": 8.03757, "activity_lines": [ 14016.641992, 14045.579137, 14411.086747, 14100.235837 ] }, { "date": "2025-02-14", "close": 11815.46582, "volume": 297254, "typical_volume": 259530.45, "trend": 13455.324023, "fair_value": 5240.33636, "relative_strength": 15.518317, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.744957, "energy": 30.629421, "activity_lines": [ 13302.410417, 13576.425941, 14172.554557, 14002.378948 ] }, { "date": "2025-02-21", "close": 10986.402344, "volume": 263094, "typical_volume": 268213.1, "trend": 13542.536816, "fair_value": 5304.057184, "relative_strength": 7.266262, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.762454, "energy": 51.281264, "activity_lines": [ 12459.655208, 13061.369851, 13859.656566, 13843.093679 ] }, { "date": "2025-02-28", "close": 10602.219727, "volume": 277917, "typical_volume": 267611.0, "trend": 13526.991341, "fair_value": 5364.811183, "relative_strength": 5.954264, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.839842, "energy": 66.543293, "activity_lines": [ 11665.725977, 12554.025409, 13515.31549, 13653.395802 ] }, { "date": "2025-03-07", "close": 12083.893555, "volume": 244081, "typical_volume": 263545.5, "trend": 13546.218783, "fair_value": 5434.577377, "relative_strength": 17.243066, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.028186, "energy": 61.862726, "activity_lines": [ 11576.936393, 12375.665963, 13329.389263, 13560.292719 ] }, { "date": "2025-03-14", "close": 11061.439453, "volume": 174235, "typical_volume": 261426.0, "trend": 13526.416829, "fair_value": 5498.101555, "relative_strength": 7.048346, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.931774, "energy": 72.777757, "activity_lines": [ 11282.513412, 12040.626101, 13055.558371, 13399.984375 ] }, { "date": "2025-03-21", "close": 11783.192383, "volume": 114801, "typical_volume": 263316.15, "trend": 13512.914714, "fair_value": 5566.67335, "relative_strength": 8.400302, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.363585, "energy": 58.743897, "activity_lines": [ 11440.282813, 11885.929741, 12863.467708, 13287.518282 ] }, { "date": "2025-03-28", "close": 12061.561523, "volume": 316740, "typical_volume": 259018.75, "trend": 13498.571582, "fair_value": 5637.105069, "relative_strength": 9.125472, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.600332, "energy": 36.075417, "activity_lines": [ 11692.99349, 11822.750249, 12711.057961, 13193.882592 ] }, { "date": "2025-04-04", "close": 11429.685547, "volume": 297522, "typical_volume": 255805.75, "trend": 13449.755371, "fair_value": 5702.094511, "relative_strength": 5.250641, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.31039, "energy": 36.001376, "activity_lines": [ 11663.401562, 11673.377734, 12506.658008, 13060.406074 ] }, { "date": "2025-04-11", "close": 11743.724609, "volume": 221420, "typical_volume": 262897.1, "trend": 13424.306445, "fair_value": 5768.344182, "relative_strength": 7.545829, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.403181, "energy": 26.932272, "activity_lines": [ 11683.324935, 11623.671591, 12351.917322, 12950.339573 ] }, { "date": "2025-04-18", "close": 12810.391602, "volume": 149968, "typical_volume": 262176.95, "trend": 13425.968425, "fair_value": 5841.703347, "relative_strength": 11.363173, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.12563, "energy": 20.472166, "activity_lines": [ 12081.481901, 11810.958327, 12313.758696, 12910.732164 ] }, { "date": "2025-04-25", "close": 12289.822266, "volume": 225948, "typical_volume": 262381.75, "trend": 13409.631934, "fair_value": 5912.073872, "relative_strength": 5.160753, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.834196, "energy": 17.668902, "activity_lines": [ 12189.518945, 11929.508256, 12244.522433, 12837.432411 ] }, { "date": "2025-05-02", "close": 11898.146484, "volume": 103430, "typical_volume": 207968.35, "trend": 13404.003255, "fair_value": 5980.081496, "relative_strength": -0.081818, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.860419, "energy": 16.90937, "activity_lines": [ 12133.22207, 11968.219744, 12163.181901, 12739.917221 ] }, { "date": "2025-05-09", "close": 12418.71582, "volume": 209894, "typical_volume": 200531.2, "trend": 13343.431738, "fair_value": 6053.083752, "relative_strength": 4.958925, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.058482, "energy": 16.748863, "activity_lines": [ 12261.342643, 12085.003036, 12147.39189, 12676.35029 ] }, { "date": "2025-05-16", "close": 11046.851563, "volume": 385982, "typical_volume": 213747.3, "trend": 13242.560254, "fair_value": 6117.394479, "relative_strength": -10.979461, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.058832, "energy": 27.68642, "activity_lines": [ 11866.239779, 11919.329261, 12007.904999, 12528.183827 ] }, { "date": "2025-05-23", "close": 11146.769531, "volume": 231566, "typical_volume": 220143.65, "trend": 13154.391602, "fair_value": 6182.390438, "relative_strength": -10.175607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.025825, "energy": 34.141652, "activity_lines": [ 11550.901107, 11790.677699, 11890.525344, 12392.971522 ] }, { "date": "2025-05-30", "close": 11493.482422, "volume": 172990, "typical_volume": 220508.2, "trend": 13052.547624, "fair_value": 6249.362726, "relative_strength": -7.698148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.297583, "energy": 38.046651, "activity_lines": [ 11462.041536, 11723.513388, 11818.623265, 12285.816091 ] }, { "date": "2025-06-06", "close": 13019.21875, "volume": 636176, "typical_volume": 242926.55, "trend": 13027.150326, "fair_value": 6326.131875, "relative_strength": 2.514782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.099811, "energy": 16.535453, "activity_lines": [ 11934.850065, 11939.023136, 11904.12201, 12283.665841 ] }, { "date": "2025-06-13", "close": 13182.083984, "volume": 515591, "typical_volume": 257736.15, "trend": 12947.308106, "fair_value": 6403.973266, "relative_strength": 3.978087, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.738405, "energy": 6.04103, "activity_lines": [ 12387.208854, 12166.732795, 12008.086426, 12293.661561 ] }, { "date": "2025-06-20", "close": 12234.868164, "volume": 279831, "typical_volume": 262761.4, "trend": 12858.716471, "fair_value": 6475.731657, "relative_strength": -5.742886, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.748537, "energy": 14.572713, "activity_lines": [ 12472.937825, 12190.359606, 12024.643913, 12247.697694 ] }, { "date": "2025-06-27", "close": 12109.97168, "volume": 165636, "typical_volume": 264203.8, "trend": 12705.866374, "fair_value": 6545.837287, "relative_strength": -9.162501, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.423725, "energy": 15.445408, "activity_lines": [ 12437.833529, 12182.348082, 12038.243615, 12199.391578 ] }, { "date": "2025-07-04", "close": 11989.071289, "volume": 228540, "typical_volume": 260768.1, "trend": 12519.454037, "fair_value": 6614.029292, "relative_strength": -9.950933, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.094886, "energy": 10.646039, "activity_lines": [ 12298.215625, 12165.089577, 12050.450846, 12153.146734 ] }, { "date": "2025-07-11", "close": 12290.821289, "volume": 335383, "typical_volume": 264382.55, "trend": 12420.735775, "fair_value": 6684.859385, "relative_strength": -7.08665, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.937226, "energy": 6.865768, "activity_lines": [ 12226.141797, 12208.162908, 12090.56948, 12138.396234 ] }, { "date": "2025-07-18", "close": 14263.0, "volume": 2316826, "typical_volume": 366328.0, "trend": 12433.5139, "fair_value": 6767.857581, "relative_strength": 7.66063, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.835828, "energy": 30.325751, "activity_lines": [ 12860.020703, 12602.674645, 12312.303139, 12257.251991 ] }, { "date": "2025-07-25", "close": 13760.0, "volume": 248740, "typical_volume": 366560.95, "trend": 12435.813509, "fair_value": 6847.77128, "relative_strength": 3.598619, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.873368, "energy": 44.034882, "activity_lines": [ 13254.171875, 12872.199396, 12468.699749, 12342.831739 ] }, { "date": "2025-08-01", "close": 13017.0, "volume": 552207, "typical_volume": 385459.55, "trend": 12410.953418, "fair_value": 6924.229034, "relative_strength": -1.203305, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.843299, "energy": 43.587446, "activity_lines": [ 13298.980924, 12957.303267, 12546.352995, 12380.327642 ] }, { "date": "2025-08-08", "close": 13099.0, "volume": 342779, "typical_volume": 396858.45, "trend": 12379.822461, "fair_value": 7001.243015, "relative_strength": 0.008964, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.260624, "energy": 55.311231, "activity_lines": [ 13310.654753, 13023.312038, 12622.503571, 12424.717744 ] }, { "date": "2025-08-15", "close": 13278.0, "volume": 120346, "typical_volume": 387038.75, "trend": 12367.765625, "fair_value": 7079.201805, "relative_strength": 0.043078, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.762644, "energy": 43.622285, "activity_lines": [ 13308.0, 13092.675036, 12709.436017, 12482.664682 ] }, { "date": "2025-08-22", "close": 13888.0, "volume": 335260, "typical_volume": 388925.65, "trend": 12371.667448, "fair_value": 7160.648713, "relative_strength": 3.385638, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.228229, "energy": 34.470378, "activity_lines": [ 13442.866667, 13268.24201, 12848.671136, 12580.744319 ] }, { "date": "2025-08-29", "close": 13455.0, "volume": 113102, "typical_volume": 383509.75, "trend": 12349.778678, "fair_value": 7238.819786, "relative_strength": 1.777537, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.881876, "energy": 30.219631, "activity_lines": [ 13458.4, 13352.246875, 12934.9619, 12650.636742 ] }, { "date": "2025-09-05", "close": 14459.0, "volume": 249636, "typical_volume": 388493.15, "trend": 12357.22666, "fair_value": 7323.807796, "relative_strength": 7.732285, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.561284, "energy": 46.918175, "activity_lines": [ 13828.933333, 13596.612979, 13108.722782, 12786.715537 ] }, { "date": "2025-09-12", "close": 16049.0, "volume": 420589, "typical_volume": 398225.2, "trend": 12498.344466, "fair_value": 7418.620455, "relative_strength": 17.197441, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.546482, "energy": 72.193657, "activity_lines": [ 14633.333333, 14087.360387, 13426.061719, 13024.894462 ] }, { "date": "2025-09-19", "close": 15467.0, "volume": 328036, "typical_volume": 409455.5, "trend": 12647.697721, "fair_value": 7508.966711, "relative_strength": 11.541263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.221831, "energy": 74.445033, "activity_lines": [ 15047.066667, 14398.472727, 13670.071238, 13216.420625 ] }, { "date": "2025-09-26", "close": 13966.0, "volume": 203388, "typical_volume": 409130.2, "trend": 12759.82373, "fair_value": 7589.805228, "relative_strength": 3.179594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.329097, "energy": 63.271467, "activity_lines": [ 14814.533333, 14378.927273, 13754.133836, 13301.472385 ] }, { "date": "2025-10-03", "close": 15210.0, "volume": 240722, "typical_volume": 401867.2, "trend": 12864.027279, "fair_value": 7677.86176, "relative_strength": 10.789837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.996375, "energy": 55.933165, "activity_lines": [ 14991.466667, 14590.963636, 13949.304604, 13459.548274 ] }, { "date": "2025-10-10", "close": 16316.0, "volume": 224765, "typical_volume": 401527.15, "trend": 13039.179297, "fair_value": 7772.7213, "relative_strength": 16.702395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.671617, "energy": 49.79825, "activity_lines": [ 15420.066667, 14977.727273, 14229.984189, 13682.256191 ] }, { "date": "2025-10-17", "close": 16281.0, "volume": 183086, "typical_volume": 402031.95, "trend": 13189.106217, "fair_value": 7867.543497, "relative_strength": 14.262894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.813762, "energy": 52.21739, "activity_lines": [ 15713.2, 15298.145455, 14482.715058, 13891.405914 ] }, { "date": "2025-10-24", "close": 16088.0, "volume": 75518, "typical_volume": 373999.05, "trend": 13323.320833, "fair_value": 7961.262324, "relative_strength": 12.32719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.331026, "energy": 64.6042, "activity_lines": [ 15926.533333, 15525.618182, 14694.267271, 14078.431319 ] }, { "date": "2025-10-31", "close": 16473.0, "volume": 175978, "typical_volume": 357018.4, "trend": 13491.431315, "fair_value": 8057.271962, "relative_strength": 15.175125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.98464, "energy": 72.525207, "activity_lines": [ 16226.8, 15772.0, 14927.872907, 14281.636427 ] }, { "date": "2025-11-07", "close": 17837.0, "volume": 329661, "typical_volume": 359509.9, "trend": 13694.540495, "fair_value": 8160.200597, "relative_strength": 25.277111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.039219, "energy": 80.74877, "activity_lines": [ 16814.6, 16219.381818, 15275.712277, 14561.995697 ] }, { "date": "2025-11-14", "close": 17461.0, "volume": 708749, "typical_volume": 386665.55, "trend": 13849.560775, "fair_value": 8260.682018, "relative_strength": 20.609341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.15074, "energy": 64.808067, "activity_lines": [ 17101.933333, 16518.727273, 15561.065304, 14804.993084 ] }, { "date": "2025-11-21", "close": 16598.0, "volume": 187552, "typical_volume": 384616.15, "trend": 13993.166699, "fair_value": 8355.789092, "relative_strength": 13.898938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.784552, "energy": 51.121142, "activity_lines": [ 17025.266667, 16606.581818, 15738.746768, 14982.311744 ] }, { "date": "2025-11-28", "close": 17288.0, "volume": 267455, "typical_volume": 381219.75, "trend": 14172.828483, "fair_value": 8455.739151, "relative_strength": 18.154004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.176719, "energy": 50.063302, "activity_lines": [ 17157.466667, 16809.909091, 15960.195238, 15194.881634 ] }, { "date": "2025-12-05", "close": 16887.0, "volume": 601844, "typical_volume": 295470.65, "trend": 14321.771289, "fair_value": 8553.679425, "relative_strength": 15.755454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.110634, "energy": 42.254464, "activity_lines": [ 17076.0, 16907.218182, 16119.657143, 15369.989474 ] }, { "date": "2025-12-12", "close": 16079.0, "volume": 323097, "typical_volume": 299188.5, "trend": 14489.50957, "fair_value": 8645.983027, "relative_strength": 10.801378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.281265, "energy": 29.179926, "activity_lines": [ 16697.6, 16804.509091, 16189.671429, 15483.359068 ] }, { "date": "2025-12-19", "close": 16044.0, "volume": 288285, "typical_volume": 285992.4, "trend": 14652.750586, "fair_value": 8738.627456, "relative_strength": 10.790558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.27465, "energy": 23.022246, "activity_lines": [ 16424.733333, 16679.636364, 16245.309524, 15583.648774 ] }, { "date": "2025-12-26", "close": 14978.0, "volume": 253342, "typical_volume": 281520.55, "trend": 14768.901172, "fair_value": 8824.018645, "relative_strength": 3.12718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.866004, "energy": 16.373876, "activity_lines": [ 15891.0, 16365.890909, 16185.009524, 15604.632607 ] }, { "date": "2026-01-02", "close": 15276.0, "volume": 144003, "typical_volume": 282703.4, "trend": 14844.127214, "fair_value": 8910.673662, "relative_strength": 4.010813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.578164, "energy": 16.674145, "activity_lines": [ 15564.6, 16130.018182, 16144.142857, 15637.34866 ] }, { "date": "2026-01-09", "close": 14774.0, "volume": 216489, "typical_volume": 276764.85, "trend": 14897.191081, "fair_value": 8994.604871, "relative_strength": 3.204194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.991072, "energy": 20.927145, "activity_lines": [ 15205.0, 15817.636364, 16045.952381, 15632.824324 ] }, { "date": "2026-01-16", "close": 14087.0, "volume": 157463, "typical_volume": 278982.9, "trend": 14958.928809, "fair_value": 9075.084833, "relative_strength": -1.502657, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.606391, "energy": 42.074973, "activity_lines": [ 14757.266667, 15411.236364, 15878.114286, 15580.553931 ] }, { "date": "2026-01-23", "close": 13251.0, "volume": 211025, "typical_volume": 277052.35, "trend": 14996.963086, "fair_value": 9150.800316, "relative_strength": -4.738048, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.697022, "energy": 59.973771, "activity_lines": [ 14163.666667, 14921.018182, 15627.647619, 15470.364976 ] }, { "date": "2026-01-30", "close": 13251.0, "volume": 161480, "typical_volume": 264096.9, "trend": 15039.027376, "fair_value": 9226.62699, "relative_strength": -5.509564, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.825435, "energy": 63.711811, "activity_lines": [ 13756.266667, 14507.345455, 15382.933333, 15357.722196 ] }, { "date": "2026-02-06", "close": 13030.0, "volume": 121355, "typical_volume": 253762.85, "trend": 15063.666667, "fair_value": 9301.128114, "relative_strength": -8.124749, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.786255, "energy": 69.557899, "activity_lines": [ 13390.333333, 14114.345455, 15130.495238, 15228.107527 ] }, { "date": "2026-02-13", "close": 13056.0, "volume": 385913, "typical_volume": 262889.1, "trend": 15023.433333, "fair_value": 9374.518979, "relative_strength": -7.128093, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.122579, "energy": 70.376335, "activity_lines": [ 13182.8, 13803.490909, 14892.138095, 15098.580645 ] }, { "date": "2026-02-20", "close": 12638.0, "volume": 222589, "typical_volume": 261982.45, "trend": 14986.033333, "fair_value": 9445.355563, "relative_strength": -10.491863, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.655825, "energy": 79.365051, "activity_lines": [ 12950.466667, 13486.290909, 14618.304762, 14944.68172 ] }, { "date": "2026-02-27", "close": 12825.0, "volume": 412637, "typical_volume": 271376.05, "trend": 14979.633333, "fair_value": 9517.164344, "relative_strength": -7.84792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.589485, "energy": 73.515715, "activity_lines": [ 12877.066667, 13265.654545, 14374.528571, 14805.260215 ] }, { "date": "2026-03-06", "close": 13034.0, "volume": 103392, "typical_volume": 267391.35, "trend": 14977.466667, "fair_value": 9590.01594, "relative_strength": -3.547743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.379853, "energy": 64.797114, "activity_lines": [ 12901.733333, 13141.545455, 14167.280952, 14679.735484 ] }, { "date": "2026-03-13", "close": 12152.0, "volume": 171988, "typical_volume": 272214.85, "trend": 14939.933333, "fair_value": 9657.361197, "relative_strength": -5.129955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.96812, "energy": 65.987235, "activity_lines": [ 12646.866667, 12892.418182, 13891.495238, 14497.447312 ] }, { "date": "2026-03-20", "close": 11995.0, "volume": 136246, "typical_volume": 270228.25, "trend": 14876.833333, "fair_value": 9723.676469, "relative_strength": -6.254008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.531452, "energy": 69.124387, "activity_lines": [ 12398.2, 12671.545455, 13619.5, 14307.451613 ] }, { "date": "2026-03-27", "close": 12067.0, "volume": 135329, "typical_volume": 260511.65, "trend": 14830.566667, "fair_value": 9789.533814, "relative_strength": -4.525485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.468114, "energy": 69.242195, "activity_lines": [ 12244.266667, 12514.290909, 13375.685714, 14126.172043 ] }, { "date": "2026-04-03", "close": 12433.0, "volume": 88238, "typical_volume": 229486.1, "trend": 14763.033333, "fair_value": 9856.110887, "relative_strength": -1.33416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.02979, "energy": 56.133966, "activity_lines": [ 12250.4, 12460.309091, 13194.204762, 13971.490323 ] }, { "date": "2026-04-10", "close": 14951.0, "volume": 403079, "typical_volume": 240262.45, "trend": 14726.433333, "fair_value": 9938.729267, "relative_strength": 11.635055, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.416031, "energy": 20.993431, "activity_lines": [ 13122.0, 12879.018182, 13276.47619, 13983.617204 ] }, { "date": "2026-04-17", "close": 15295.0, "volume": 142045, "typical_volume": 233991.95, "trend": 14720.7, "fair_value": 10024.158105, "relative_strength": 12.429804, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.395011, "energy": 17.034726, "activity_lines": [ 13980.466667, 13329.363636, 13399.352381, 14020.298925 ] }, { "date": "2026-04-24", "close": 14405.0, "volume": 139035, "typical_volume": 210851.5, "trend": 14735.333333, "fair_value": 10102.867408, "relative_strength": 7.567359, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.43367, "energy": 24.945852, "activity_lines": [ 14332.733333, 13576.709091, 13446.957143, 13999.931183 ] }, { "date": "2026-05-01", "close": 15003.0, "volume": 93703, "typical_volume": 199381.8, "trend": 14728.433333, "fair_value": 10185.946877, "relative_strength": 11.047685, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.442847, "energy": 33.055289, "activity_lines": [ 14723.666667, 13908.254545, 13563.333333, 14017.2 ] }, { "date": "2026-05-08", "close": 17666.0, "volume": 532782, "typical_volume": 211606.65, "trend": 14773.433333, "fair_value": 10282.740781, "relative_strength": 28.852981, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.746345, "energy": 69.494763, "activity_lines": [ 15806.533333, 14680.981818, 13938.452381, 14206.72043 ] }, { "date": "2026-05-15", "close": 16590.0, "volume": 849650, "typical_volume": 241422.05, "trend": 14783.733333, "fair_value": 10371.043958, "relative_strength": 22.648861, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.553815, "energy": 66.086699, "activity_lines": [ 16181.866667, 15170.054545, 14203.371429, 14323.91828 ] }, { "date": "2026-05-22", "close": 16693.0, "volume": 213844, "typical_volume": 244914.1, "trend": 14803.9, "fair_value": 10460.244425, "relative_strength": 21.969367, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.226579, "energy": 69.816133, "activity_lines": [ 16482.266667, 15613.2, 14470.42381, 14447.096774 ] }, { "date": "2026-05-29", "close": 17088.0, "volume": 186199, "typical_volume": 243399.6, "trend": 14824.4, "fair_value": 10551.936481, "relative_strength": 24.679267, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.052824, "energy": 72.358563, "activity_lines": [ 16821.133333, 16045.6, 14768.347619, 14594.458065 ] }, { "date": "2026-06-05", "close": 16811.0, "volume": 13332, "typical_volume": 236193.05, "trend": 14790.2, "fair_value": 10641.801921, "relative_strength": 22.802204, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.351509, "energy": 58.225718, "activity_lines": [ 16888.8, 16335.036364, 15028.871429, 14722.625806 ] }, { "date": "2026-06-12", "close": 17198.0, "volume": 35209, "typical_volume": 227402.25, "trend": 14781.433333, "fair_value": 10733.444355, "relative_strength": 23.477386, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.634995, "energy": 68.070713, "activity_lines": [ 16964.933333, 16608.581818, 15313.280952, 14877.967742 ] }, { "date": "2026-06-19", "close": 17313.003906, "volume": 26662, "typical_volume": 220661.35, "trend": 14805.266797, "fair_value": 10826.668905, "relative_strength": 21.357873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.735938, "energy": 65.065875, "activity_lines": [ 17110.601302, 16816.40071, 15589.847991, 15041.294876 ] }, { "date": "2026-06-26", "close": 17927.867188, "volume": 0, "typical_volume": 214593.6, "trend": 14826.595703, "fair_value": 10923.553886, "relative_strength": 24.345269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.98328, "energy": 65.62562, "activity_lines": [ 17413.023438, 17093.067401, 15905.630562, 15242.752965 ] }, { "date": "2026-07-03", "close": 18909.054688, "volume": 75135, "typical_volume": 199054.7, "trend": 14893.997526, "fair_value": 11024.986139, "relative_strength": 28.716782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.092438, "energy": 80.559193, "activity_lines": [ 17960.183594, 17500.261506, 16291.536384, 15506.137416 ] }, { "date": "2026-07-10", "close": 19470.017578, "volume": 260500, "typical_volume": 200950.25, "trend": 15007.031445, "fair_value": 11130.817527, "relative_strength": 31.566161, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.772597, "energy": 91.047829, "activity_lines": [ 18572.927735, 17927.55696, 16702.995554, 15801.364516 ] }, { "date": "2026-07-17", "close": 18399.994141, "volume": 133770, "typical_volume": 187006.9, "trend": 15085.564583, "fair_value": 11227.717529, "relative_strength": 22.969461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.914204, "energy": 82.650738, "activity_lines": [ 18651.729558, 18079.084198, 16980.014314, 16020.265335 ] }, { "date": "2026-07-24", "close": 18546.0, "volume": 97065, "typical_volume": 186690.55, "trend": 15204.497917, "fair_value": 11324.804742, "relative_strength": 26.009493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.230055, "energy": 76.717378, "activity_lines": [ 18699.067057, 18243.812607, 17244.390802, 16243.519233 ] }, { "date": "2026-07-31", "close": 19040.0, "volume": 180368, "typical_volume": 187109.55, "trend": 15329.964583, "fair_value": 11422.909638, "relative_strength": 25.12184, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.538023, "energy": 61.65658, "activity_lines": [ 18828.871484, 18462.795561, 17529.56729, 16490.97098 ] }, { "date": "2026-08-07", "close": 22855.0, "volume": 1384955, "typical_volume": 249545.0, "trend": 15599.33125, "fair_value": 11543.131737, "relative_strength": 47.267552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.513228, "energy": 74.454958, "activity_lines": [ 20156.200391, 19332.742152, 18145.277111, 16976.457136 ] } ], "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." } } }