{ "ticker": { "uuid": "27fd00c5-590d-4cce-9461-a3844141154d", "symbol": "KSM-F210", "name": "Ksm Mutual Funds LTD - KSM Index World Value 4D ETF", "exchange": "TLV", "country": "IL", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.219, "architecture_energy": 66.888, "architecture_maturity": 93.0, "architecture_confidence": 73.092, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.71, "rotation_up": 29.91, "upward_expansion": 16.5, "deceleration": 61.0, "rotation_down": 47.74, "downward_expansion": 73.83 }, "activity_lines": [ 66.319333, 173.619455, 2001.114143, 3125.247032 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 66.81, "trend_reference": 4344.266333, "distance_from_trend": -0.984621, "trend_direction": "Weakening", "fair_value": 5102.788397, "distance_from_fair_value": -0.986907, "fair_value_direction": "Weakening", "relative_strength": -98.789796, "relative_strength_direction": "Weakening", "price_momentum": -0.988867, "excess_performance": -1.030154, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.984621, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.278469, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.986907, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.18084, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.987898, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.831006, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.988867, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.730273, "read": "Demand-led" } ], "volume": { "latest": 12739, "relative_activity": 0.472347, "balance": 2.730273, "dry_up": 1.633617, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 7.648325, "annualized_volatility": 6.322388, "from_high_reference": -0.989675, "from_low_reference": 0.080893 }, "levels": { "trend_reference": 4344.266333, "fair_value_reference": 5102.788397, "structural_low": 61.81, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.017888, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.02057, "regime_survival": 0.8, "best_return": 0.048, "worst_return": -0.001165, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.072053, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.000592, "regime_survival": 0.0, "best_return": 0.072053, "worst_return": 0.072053, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.039037, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.259098, "regime_survival": 0.0, "best_return": 0.039037, "worst_return": 0.039037, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.126432, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.52763, "regime_survival": 0.0, "best_return": 0.126432, "worst_return": 0.126432, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-06-21", "tenure": "New", "return": -0.025915, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-10-04", "tenure": "Established", "return": 0.020906, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.022748, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": -0.024876, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-13", "end": "2025-03-07", "tenure": "Developing", "return": 0.034764, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-05-02", "tenure": "Developing", "return": -0.036051, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-08-01", "tenure": "Developing", "return": 0.037016, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.008293, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": -0.012232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-05-08", "tenure": "Established", "return": 0.078693, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": -0.033654, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.054118, "active": true } ], "chart_path": [ { "date": "2023-06-23", "close": 4579.0, "volume": 112314, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-06-30", "close": 4670.0, "volume": 161953, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-07-07", "close": 4730.0, "volume": 2280, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-07-14", "close": 4702.0, "volume": 168109, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-07-21", "close": 4705.0, "volume": 209686, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 4768.0, "volume": 41514, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 4816.0, "volume": 218652, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 4770.0, "volume": 59038, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 4783.0, "volume": 117980, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 4921.0, "volume": 142469, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 4915.0, "volume": 27, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 4916.0, "volume": 6909, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 5009.0, "volume": 182892, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 4894.0, "volume": 88649, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 4801.0, "volume": 2043, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 5066.0, "volume": 116003, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 5141.0, "volume": 750, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 5052.0, "volume": 20087, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 4979.0, "volume": 126650, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 4924.0, "volume": 5625, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 4854.0, "volume": 98, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 4864.0, "volume": 323489, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 4906.0, "volume": 199512, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 4881.0, "volume": 44843, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 5004.0, "volume": 224320, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 4960.0, "volume": 84166, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 5055.0, "volume": 140877, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 5140.0, "volume": 308610, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 5028.0, "volume": 501747, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 5029.0, "volume": 462424, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 5015.0, "volume": 41193, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 4968.0, "volume": 14439, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 4916.0, "volume": 4598, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 5091.0, "volume": 207577, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 4931.0, "volume": 202830, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 5058.0, "volume": 237809, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 5196.0, "volume": 106742, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 5197.0, "volume": 168997, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 5397.0, "volume": 10363, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 5509.0, "volume": 16438, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 5482.0, "volume": 146330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 5387.0, "volume": 215061, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 5472.0, "volume": 462, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 5394.0, "volume": 43983, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 5438.0, "volume": 155370, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 5507.0, "volume": 225566, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 5486.0, "volume": 146481, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 5414.0, "volume": 110092, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 5518.0, "volume": 140867, "typical_volume": 132881.1, "trend": 5167.366667, "fair_value": 4804.3625, "relative_strength": 3.280719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.969747, "energy": 58.621995, "activity_lines": [ 5477.066667, 5462.963636, 5375.8, 5285.903226 ] }, { "date": "2024-06-14", "close": 5402.0, "volume": 3148, "typical_volume": 109917.3, "trend": 5183.3, "fair_value": 4811.740741, "relative_strength": -0.094588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.440103, "energy": 46.060987, "activity_lines": [ 5453.533333, 5452.290909, 5388.347619, 5301.04086 ] }, { "date": "2024-06-21", "close": 5375.0, "volume": 279734, "typical_volume": 121844.35, "trend": 5200.666667, "fair_value": 4818.609756, "relative_strength": 0.25836, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.13998, "energy": 31.868969, "activity_lines": [ 5423.4, 5438.654545, 5396.547619, 5313.408602 ] }, { "date": "2024-06-28", "close": 5453.0, "volume": 571906, "typical_volume": 149717.7, "trend": 5220.3, "fair_value": 4826.253012, "relative_strength": 1.132788, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.627408, "energy": 34.610076, "activity_lines": [ 5428.066667, 5441.145455, 5410.461905, 5329.688172 ] }, { "date": "2024-07-05", "close": 5463.0, "volume": 842, "typical_volume": 149529.9, "trend": 5238.866667, "fair_value": 4833.833333, "relative_strength": -0.841655, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.214621, "energy": 32.966216, "activity_lines": [ 5438.266667, 5444.254545, 5423.019048, 5345.346237 ] }, { "date": "2024-07-12", "close": 5390.0, "volume": 277678, "typical_volume": 153034.95, "trend": 5255.833333, "fair_value": 4840.376471, "relative_strength": -4.596194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.12498, "energy": 26.263105, "activity_lines": [ 5420.866667, 5434.254545, 5426.019048, 5355.096774 ] }, { "date": "2024-07-19", "close": 5433.0, "volume": 294383, "typical_volume": 157612.6, "trend": 5270.133333, "fair_value": 4847.267442, "relative_strength": -2.611249, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.891514, "energy": 28.645461, "activity_lines": [ 5426.333333, 5432.145455, 5431.690476, 5366.526882 ] }, { "date": "2024-07-26", "close": 5336.0, "volume": 225590, "typical_volume": 157001.65, "trend": 5282.666667, "fair_value": 4852.885057, "relative_strength": -4.463943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.303048, "energy": 10.335964, "activity_lines": [ 5397.4, 5412.490909, 5425.733333, 5370.776344 ] }, { "date": "2024-08-02", "close": 5590.0, "volume": 119680, "typical_volume": 157648.55, "trend": 5300.5, "fair_value": 4861.261364, "relative_strength": 3.021238, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.609733, "energy": 35.145261, "activity_lines": [ 5455.733333, 5442.127273, 5442.642857, 5390.604301 ] }, { "date": "2024-08-09", "close": 5369.0, "volume": 5726, "typical_volume": 149485.0, "trend": 5308.133333, "fair_value": 4866.966292, "relative_strength": -2.226824, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.932706, "energy": 16.459382, "activity_lines": [ 5431.266667, 5429.690909, 5436.628571, 5395.023656 ] }, { "date": "2024-08-16", "close": 5344.0, "volume": 188788, "typical_volume": 158406.25, "trend": 5318.666667, "fair_value": 4872.266667, "relative_strength": -5.044766, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.767581, "energy": 4.93825, "activity_lines": [ 5404.733333, 5413.527273, 5427.414286, 5397.337634 ] }, { "date": "2024-08-23", "close": 5441.0, "volume": 275700, "typical_volume": 171369.35, "trend": 5332.4, "fair_value": 4878.516484, "relative_strength": -3.166926, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.46546, "energy": 13.30936, "activity_lines": [ 5413.6, 5418.163636, 5427.690476, 5405.230108 ] }, { "date": "2024-08-30", "close": 5433.0, "volume": 184463, "typical_volume": 173276.0, "trend": 5346.333333, "fair_value": 4884.543478, "relative_strength": -5.240594, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.560817, "energy": 10.880325, "activity_lines": [ 5419.266667, 5420.636364, 5427.528571, 5411.72043 ] }, { "date": "2024-09-06", "close": 5373.0, "volume": 186794, "typical_volume": 171862.65, "trend": 5359.833333, "fair_value": 4889.795699, "relative_strength": -5.282305, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.82395, "energy": 8.207824, "activity_lines": [ 5398.466667, 5411.145455, 5421.885714, 5413.44086 ] }, { "date": "2024-09-13", "close": 5343.0, "volume": 5202, "typical_volume": 172099.65, "trend": 5374.066667, "fair_value": 4894.617021, "relative_strength": -4.950471, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.503599, "energy": 7.072689, "activity_lines": [ 5382.133333, 5397.654545, 5413.452381, 5412.354839 ] }, { "date": "2024-09-20", "close": 5565.0, "volume": 545550, "typical_volume": 197178.0, "trend": 5389.866667, "fair_value": 4901.673684, "relative_strength": 2.140384, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.354055, "energy": 22.312313, "activity_lines": [ 5441.533333, 5426.709091, 5426.77619, 5424.673118 ] }, { "date": "2024-09-27", "close": 5525.0, "volume": 7698, "typical_volume": 189794.4, "trend": 5409.666667, "fair_value": 4908.166667, "relative_strength": -3.701191, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.579013, "energy": 36.638607, "activity_lines": [ 5472.866667, 5445.309091, 5435.47619, 5433.391398 ] }, { "date": "2024-10-04", "close": 5567.0, "volume": 125941, "typical_volume": 184813.15, "trend": 5426.633333, "fair_value": 4914.958763, "relative_strength": -2.867612, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.321186, "energy": 51.919756, "activity_lines": [ 5512.6, 5469.872727, 5447.761905, 5443.541935 ] }, { "date": "2024-10-11", "close": 5583.0, "volume": 4861, "typical_volume": 177732.15, "trend": 5439.533333, "fair_value": 4921.77551, "relative_strength": -2.621938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.173022, "energy": 59.941014, "activity_lines": [ 5548.733333, 5493.145455, 5461.285714, 5453.630108 ] }, { "date": "2024-10-25", "close": 5554.0, "volume": 1245, "typical_volume": 172289.8, "trend": 5451.433333, "fair_value": 4928.161616, "relative_strength": -5.655724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.494775, "energy": 61.011825, "activity_lines": [ 5561.2, 5511.272727, 5471.585714, 5461.015054 ] }, { "date": "2024-11-01", "close": 5385.0, "volume": 365370, "typical_volume": 183514.95, "trend": 5451.033333, "fair_value": 4932.73, "relative_strength": -10.13982, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.994889, "energy": 25.965255, "activity_lines": [ 5503.266667, 5495.309091, 5465.12381, 5456.729032 ] }, { "date": "2024-11-08", "close": 5522.0, "volume": 274727, "typical_volume": 197093.9, "trend": 5451.466667, "fair_value": 4938.564356, "relative_strength": -8.494586, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.406555, "energy": 22.419489, "activity_lines": [ 5503.0, 5503.509091, 5472.342857, 5461.307527 ] }, { "date": "2024-11-15", "close": 5456.0, "volume": 144, "typical_volume": 183114.4, "trend": 5450.6, "fair_value": 4943.637255, "relative_strength": -10.740831, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.391082, "energy": 17.017339, "activity_lines": [ 5480.933333, 5498.236364, 5472.704762, 5461.6 ] }, { "date": "2024-11-22", "close": 5427.0, "volume": 371569, "typical_volume": 173097.55, "trend": 5451.933333, "fair_value": 4948.330097, "relative_strength": -10.564884, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.609297, "energy": 18.118727, "activity_lines": [ 5456.6, 5487.272727, 5469.919048, 5460.077419 ] }, { "date": "2024-11-29", "close": 5339.0, "volume": 5899, "typical_volume": 173350.4, "trend": 5447.5, "fair_value": 4952.086538, "relative_strength": -11.786822, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.466512, "energy": 26.385531, "activity_lines": [ 5413.333333, 5459.327273, 5458.87619, 5452.791398 ] }, { "date": "2024-12-06", "close": 5292.0, "volume": 472500, "typical_volume": 183091.5, "trend": 5444.1, "fair_value": 4955.32381, "relative_strength": -14.609505, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.1314, "energy": 60.499325, "activity_lines": [ 5368.733333, 5422.909091, 5443.947619, 5442.75914 ] }, { "date": "2024-12-13", "close": 5149.0, "volume": 489327, "typical_volume": 192838.7, "trend": 5434.466667, "fair_value": 4957.150943, "relative_strength": -16.958067, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.902086, "energy": 83.453245, "activity_lines": [ 5282.666667, 5365.454545, 5415.866667, 5423.72043 ] }, { "date": "2024-12-20", "close": 4995.0, "volume": 501169, "typical_volume": 206617.65, "trend": 5417.4, "fair_value": 4957.504673, "relative_strength": -20.190273, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.43304, "energy": 94.759366, "activity_lines": [ 5170.133333, 5286.836364, 5374.471429, 5395.367742 ] }, { "date": "2024-12-27", "close": 5076.0, "volume": 390, "typical_volume": 200653.15, "trend": 5403.733333, "fair_value": 4958.601852, "relative_strength": -19.060461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.755095, "energy": 91.948084, "activity_lines": [ 5115.333333, 5233.345455, 5342.414286, 5373.341935 ] }, { "date": "2025-01-03", "close": 5131.0, "volume": 99758, "typical_volume": 205354.75, "trend": 5394.3, "fair_value": 4960.183486, "relative_strength": -19.025623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.202317, "energy": 88.274817, "activity_lines": [ 5102.266667, 5199.072727, 5318.042857, 5355.746237 ] }, { "date": "2025-01-17", "close": 5143.0, "volume": 292493, "typical_volume": 210540.0, "trend": 5381.8, "fair_value": 4961.845455, "relative_strength": -22.012701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.572589, "energy": 86.817246, "activity_lines": [ 5107.066667, 5174.672727, 5295.947619, 5339.533333 ] }, { "date": "2025-01-24", "close": 5111.0, "volume": 293500, "typical_volume": 211430.0, "trend": 5372.1, "fair_value": 4963.189189, "relative_strength": -21.840489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.845949, "energy": 81.711738, "activity_lines": [ 5111.133333, 5148.854545, 5271.761905, 5322.062366 ] }, { "date": "2025-01-31", "close": 5198.0, "volume": 195935, "typical_volume": 212003.6, "trend": 5366.2, "fair_value": 4965.285714, "relative_strength": -17.89794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.708619, "energy": 49.462202, "activity_lines": [ 5146.733333, 5146.327273, 5257.433333, 5310.830108 ] }, { "date": "2025-02-07", "close": 5200.0, "volume": 5200, "typical_volume": 202923.9, "trend": 5357.766667, "fair_value": 4967.362832, "relative_strength": -19.407817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.102067, "energy": 44.798434, "activity_lines": [ 5169.466667, 5148.854545, 5244.414286, 5300.107527 ] }, { "date": "2025-02-14", "close": 5235.0, "volume": 195851, "typical_volume": 212456.35, "trend": 5350.166667, "fair_value": 4969.710526, "relative_strength": -18.172106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.684553, "energy": 34.247451, "activity_lines": [ 5195.6, 5161.872727, 5235.552381, 5292.187097 ] }, { "date": "2025-02-21", "close": 5251.0, "volume": 190811, "typical_volume": 194719.4, "trend": 5345.533333, "fair_value": 4972.156522, "relative_strength": -18.035726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.321433, "energy": 32.977656, "activity_lines": [ 5220.133333, 5179.690909, 5228.728571, 5285.789247 ] }, { "date": "2025-02-28", "close": 5234.0, "volume": 3935, "typical_volume": 194531.25, "trend": 5338.9, "fair_value": 4974.413793, "relative_strength": -16.485529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.112474, "energy": 28.259324, "activity_lines": [ 5231.8, 5195.163636, 5221.780952, 5278.593548 ] }, { "date": "2025-03-07", "close": 5328.0, "volume": 7585, "typical_volume": 188613.45, "trend": 5338.633333, "fair_value": 4977.435897, "relative_strength": -14.573736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.830538, "energy": 19.518907, "activity_lines": [ 5266.6, 5226.181818, 5225.171429, 5277.890323 ] }, { "date": "2025-03-14", "close": 5367.0, "volume": 2145, "typical_volume": 188477.65, "trend": 5331.2, "fair_value": 4980.737288, "relative_strength": -15.197393, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 14.840306, "energy": 29.32199, "activity_lines": [ 5305.733333, 5258.236364, 5233.414286, 5279.72043 ] }, { "date": "2025-03-21", "close": 5520.0, "volume": 2544, "typical_volume": 188542.6, "trend": 5336.233333, "fair_value": 4985.268908, "relative_strength": -12.190495, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.959202, "energy": 53.958854, "activity_lines": [ 5384.733333, 5312.818182, 5257.257143, 5291.901075 ] }, { "date": "2025-03-28", "close": 5587.0, "volume": 35, "typical_volume": 170275.85, "trend": 5344.333333, "fair_value": 4990.283333, "relative_strength": -9.327757, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.448633, "energy": 83.814983, "activity_lines": [ 5467.066667, 5372.509091, 5287.642857, 5308.07957 ] }, { "date": "2025-04-04", "close": 5544.0, "volume": 34136, "typical_volume": 158246.3, "trend": 5347.766667, "fair_value": 4994.859504, "relative_strength": -9.301016, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.373505, "energy": 79.389617, "activity_lines": [ 5512.666667, 5416.309091, 5312.971429, 5320.96129 ] }, { "date": "2025-04-11", "close": 5182.0, "volume": 8888, "typical_volume": 158683.5, "trend": 5339.4, "fair_value": 4996.393443, "relative_strength": -13.769567, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 3.630513, "energy": 41.449014, "activity_lines": [ 5416.933333, 5386.418182, 5303.719048, 5310.266667 ] }, { "date": "2025-04-18", "close": 5247.0, "volume": 7815, "typical_volume": 140495.8, "trend": 5335.2, "fair_value": 4998.430894, "relative_strength": -14.765484, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -7.101443, "energy": 14.198484, "activity_lines": [ 5352.6, 5368.636364, 5301.961905, 5304.305376 ] }, { "date": "2025-04-25", "close": 5412.0, "volume": 33427, "typical_volume": 141872.2, "trend": 5337.5, "fair_value": 5001.766129, "relative_strength": -12.196294, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.022175, "energy": 15.108141, "activity_lines": [ 5351.266667, 5380.0, 5316.77619, 5309.260215 ] }, { "date": "2025-05-02", "close": 5321.0, "volume": 2213, "typical_volume": 118357.85, "trend": 5329.366667, "fair_value": 5004.32, "relative_strength": -13.575548, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -0.155402, "energy": 18.328921, "activity_lines": [ 5326.8, 5371.6, 5322.57619, 5308.195699 ] }, { "date": "2025-05-09", "close": 5295.0, "volume": 793, "typical_volume": 93931.15, "trend": 5321.7, "fair_value": 5006.626984, "relative_strength": -17.310738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.262328, "energy": 12.484153, "activity_lines": [ 5311.4, 5357.2, 5325.761905, 5305.978495 ] }, { "date": "2025-05-16", "close": 5339.0, "volume": 17705, "typical_volume": 69757.95, "trend": 5314.1, "fair_value": 5009.244094, "relative_strength": -15.913617, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.224739, "energy": 3.887873, "activity_lines": [ 5327.266667, 5349.690909, 5332.442857, 5307.094624 ] }, { "date": "2025-05-23", "close": 5346.0, "volume": 9, "typical_volume": 69738.9, "trend": 5306.2, "fair_value": 5011.875, "relative_strength": -14.199182, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.885441, "energy": 14.561648, "activity_lines": [ 5335.0, 5343.254545, 5338.152381, 5309.152688 ] }, { "date": "2025-05-30", "close": 5355.0, "volume": 88, "typical_volume": 64755.4, "trend": 5299.566667, "fair_value": 5014.534884, "relative_strength": -16.95569, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.991349, "energy": 14.586737, "activity_lines": [ 5339.133333, 5338.836364, 5343.433333, 5312.301075 ] }, { "date": "2025-06-13", "close": 5390.0, "volume": 555, "typical_volume": 50158.5, "trend": 5299.733333, "fair_value": 5017.423077, "relative_strength": -15.641605, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.762509, "energy": 22.915858, "activity_lines": [ 5358.733333, 5343.781818, 5350.980952, 5318.135484 ] }, { "date": "2025-06-27", "close": 5317.0, "volume": 102217, "typical_volume": 40594.35, "trend": 5292.9, "fair_value": 5019.709924, "relative_strength": -22.266989, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.815482, "energy": 16.288575, "activity_lines": [ 5349.4, 5339.036364, 5350.4, 5319.249462 ] }, { "date": "2025-07-04", "close": 5350.0, "volume": 68583, "typical_volume": 34226.75, "trend": 5289.366667, "fair_value": 5022.212121, "relative_strength": -24.317595, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.000925, "energy": 18.05187, "activity_lines": [ 5349.6, 5344.418182, 5351.980952, 5322.933333 ] }, { "date": "2025-07-11", "close": 5323.0, "volume": 19605, "typical_volume": 34947.0, "trend": 5285.9, "fair_value": 5024.473684, "relative_strength": -24.793005, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.298451, "energy": 11.226869, "activity_lines": [ 5340.066667, 5341.836364, 5350.266667, 5325.103226 ] }, { "date": "2025-07-18", "close": 5331.0, "volume": 18800, "typical_volume": 26094.45, "trend": 5285.633333, "fair_value": 5026.761194, "relative_strength": -22.853347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.927839, "energy": 9.57605, "activity_lines": [ 5334.733333, 5339.327273, 5348.728571, 5328.012903 ] }, { "date": "2025-07-25", "close": 5398.0, "volume": 55600, "typical_volume": 19333.9, "trend": 5289.166667, "fair_value": 5029.511111, "relative_strength": -21.948052, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.713164, "energy": 21.492891, "activity_lines": [ 5353.333333, 5350.472727, 5353.114286, 5335.262366 ] }, { "date": "2025-08-01", "close": 5491.0, "volume": 73000, "typical_volume": 22787.15, "trend": 5300.566667, "fair_value": 5032.904412, "relative_strength": -19.469629, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.204508, "energy": 59.349376, "activity_lines": [ 5402.4, 5377.127273, 5365.657143, 5348.283871 ] }, { "date": "2025-08-08", "close": 5547.0, "volume": 82, "typical_volume": 22412.0, "trend": 5318.966667, "fair_value": 5036.656934, "relative_strength": -15.944735, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.258577, "energy": 87.263745, "activity_lines": [ 5458.533333, 5410.4, 5382.309524, 5364.182796 ] }, { "date": "2025-08-15", "close": 5564.0, "volume": 71981, "typical_volume": 25903.8, "trend": 5335.233333, "fair_value": 5040.478261, "relative_strength": -16.019108, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.133027, "energy": 94.987821, "activity_lines": [ 5507.2, 5442.981818, 5399.538095, 5379.991398 ] }, { "date": "2025-08-22", "close": 5646.0, "volume": 18899, "typical_volume": 26721.55, "trend": 5352.4, "fair_value": 5044.834532, "relative_strength": -15.147079, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.308621, "energy": 97.445946, "activity_lines": [ 5567.133333, 5486.509091, 5423.638095, 5400.04086 ] }, { "date": "2025-08-29", "close": 5541.0, "volume": 40594, "typical_volume": 28749.5, "trend": 5365.666667, "fair_value": 5048.378571, "relative_strength": -17.993563, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.306702, "energy": 88.451293, "activity_lines": [ 5571.066667, 5505.654545, 5437.138095, 5412.208602 ] }, { "date": "2025-09-05", "close": 5623.0, "volume": 1221, "typical_volume": 27103.75, "trend": 5382.733333, "fair_value": 5052.453901, "relative_strength": -15.489276, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.733429, "energy": 91.680969, "activity_lines": [ 5592.8, 5536.963636, 5458.666667, 5428.810753 ] }, { "date": "2025-09-12", "close": 5600.0, "volume": 37498, "typical_volume": 28534.25, "trend": 5396.133333, "fair_value": 5056.309859, "relative_strength": -16.497508, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.054703, "energy": 66.71533, "activity_lines": [ 5598.066667, 5558.527273, 5477.628571, 5442.827957 ] }, { "date": "2025-09-19", "close": 5613.0, "volume": 35747, "typical_volume": 29930.85, "trend": 5409.9, "fair_value": 5060.202797, "relative_strength": -13.728258, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.048762, "energy": 63.02231, "activity_lines": [ 5604.133333, 5577.909091, 5495.838095, 5456.819355 ] }, { "date": "2025-10-03", "close": 5585.0, "volume": 72224, "typical_volume": 31870.7, "trend": 5421.566667, "fair_value": 5063.847222, "relative_strength": -18.305562, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.201115, "energy": 58.875461, "activity_lines": [ 5597.6, 5586.927273, 5509.638095, 5468.116129 ] }, { "date": "2025-10-10", "close": 5480.0, "volume": 751, "typical_volume": 31797.6, "trend": 5429.2, "fair_value": 5066.717241, "relative_strength": -21.04548, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.205694, "energy": 39.772411, "activity_lines": [ 5560.133333, 5572.236364, 5512.614286, 5471.886022 ] }, { "date": "2025-10-17", "close": 5593.0, "volume": 71500, "typical_volume": 35332.95, "trend": 5441.166667, "fair_value": 5070.321918, "relative_strength": -17.151446, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.548817, "energy": 36.718847, "activity_lines": [ 5564.4, 5576.6, 5525.595238, 5482.453763 ] }, { "date": "2025-10-24", "close": 5641.0, "volume": 106953, "typical_volume": 39795.35, "trend": 5451.6, "fair_value": 5074.204082, "relative_strength": -15.331194, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.078203, "energy": 39.296442, "activity_lines": [ 5586.666667, 5587.836364, 5541.728571, 5495.346237 ] }, { "date": "2025-10-31", "close": 5570.0, "volume": 73233, "typical_volume": 43456.55, "trend": 5458.366667, "fair_value": 5077.554054, "relative_strength": -17.583914, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.872172, "energy": 29.873962, "activity_lines": [ 5582.533333, 5584.454545, 5549.661905, 5502.984946 ] }, { "date": "2025-11-07", "close": 5572.0, "volume": 15966, "typical_volume": 44250.45, "trend": 5460.1, "fair_value": 5080.872483, "relative_strength": -18.346856, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.274358, "energy": 37.683724, "activity_lines": [ 5581.933333, 5581.327273, 5556.719048, 5510.316129 ] }, { "date": "2025-11-14", "close": 5693.0, "volume": 19033, "typical_volume": 45174.35, "trend": 5463.633333, "fair_value": 5084.953333, "relative_strength": -18.185568, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.991208, "energy": 51.780778, "activity_lines": [ 5622.533333, 5601.545455, 5574.266667, 5525.341935 ] }, { "date": "2025-11-21", "close": 5629.0, "volume": 19090, "typical_volume": 41018.0, "trend": 5466.466667, "fair_value": 5088.556291, "relative_strength": -16.589004, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.272443, "energy": 41.413275, "activity_lines": [ 5627.6, 5607.363636, 5584.27619, 5536.010753 ] }, { "date": "2025-11-28", "close": 5730.0, "volume": 17659, "typical_volume": 38471.8, "trend": 5484.733333, "fair_value": 5092.776316, "relative_strength": -15.267767, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.882122, "energy": 65.103519, "activity_lines": [ 5663.933333, 5631.436364, 5602.419048, 5553.012903 ] }, { "date": "2025-12-05", "close": 5730.0, "volume": 218, "typical_volume": 37502.45, "trend": 5500.833333, "fair_value": 5096.941176, "relative_strength": -17.394677, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.320336, "energy": 79.273339, "activity_lines": [ 5694.333333, 5653.145455, 5618.752381, 5568.836559 ] }, { "date": "2025-12-12", "close": 5732.0, "volume": 17966, "typical_volume": 37460.75, "trend": 5511.5, "fair_value": 5101.064935, "relative_strength": -19.569478, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.236468, "energy": 79.368593, "activity_lines": [ 5714.733333, 5673.090909, 5633.338095, 5583.750538 ] }, { "date": "2025-12-19", "close": 5742.0, "volume": 17539, "typical_volume": 35557.7, "trend": 5525.533333, "fair_value": 5105.2, "relative_strength": -19.426714, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.273144, "energy": 85.1233, "activity_lines": [ 5727.8, 5692.181818, 5646.966667, 5598.621505 ] }, { "date": "2025-12-26", "close": 5752.0, "volume": 20, "typical_volume": 31908.7, "trend": 5540.766667, "fair_value": 5109.346154, "relative_strength": -17.355301, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.247789, "energy": 84.550504, "activity_lines": [ 5740.933333, 5708.327273, 5659.909524, 5613.232258 ] }, { "date": "2026-01-02", "close": 5760.0, "volume": 18602, "typical_volume": 32834.7, "trend": 5554.8, "fair_value": 5120.628205, "relative_strength": -18.715638, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.779706, "energy": 76.539932, "activity_lines": [ 5748.533333, 5723.036364, 5672.371429, 5627.376344 ] }, { "date": "2026-01-09", "close": 5800.0, "volume": 144200, "typical_volume": 36445.65, "trend": 5569.933333, "fair_value": 5131.115385, "relative_strength": -21.040806, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.388603, "energy": 73.998182, "activity_lines": [ 5767.466667, 5742.854545, 5687.628571, 5643.195699 ] }, { "date": "2026-01-16", "close": 5880.0, "volume": 20198, "typical_volume": 36510.6, "trend": 5587.433333, "fair_value": 5142.121795, "relative_strength": -21.752418, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.179492, "energy": 89.55359, "activity_lines": [ 5808.4, 5773.036364, 5709.380952, 5663.2 ] }, { "date": "2026-01-23", "close": 5914.0, "volume": 1705, "typical_volume": 34566.15, "trend": 5604.9, "fair_value": 5153.089744, "relative_strength": -21.069437, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.902687, "energy": 94.676161, "activity_lines": [ 5850.8, 5803.8, 5733.257143, 5684.268817 ] }, { "date": "2026-01-30", "close": 6001.0, "volume": 101923, "typical_volume": 39601.25, "trend": 5627.7, "fair_value": 5164.275641, "relative_strength": -19.734729, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.138807, "energy": 97.7841, "activity_lines": [ 5910.733333, 5846.363636, 5763.642857, 5709.823656 ] }, { "date": "2026-02-06", "close": 6135.0, "volume": 100670, "typical_volume": 42759.85, "trend": 5653.866667, "fair_value": 5176.403846, "relative_strength": -18.480018, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.842856, "energy": 99.052851, "activity_lines": [ 5998.733333, 5906.527273, 5804.990476, 5742.552688 ] }, { "date": "2026-02-13", "close": 6193.0, "volume": 163179, "typical_volume": 49131.45, "trend": 5682.866667, "fair_value": 5189.179487, "relative_strength": -19.591006, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.071981, "energy": 98.541512, "activity_lines": [ 6081.066667, 5969.872727, 5849.314286, 5777.335484 ] }, { "date": "2026-02-20", "close": 6356.0, "volume": 167024, "typical_volume": 53871.45, "trend": 5717.033333, "fair_value": 5202.435897, "relative_strength": -18.15227, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.459906, "energy": 99.429091, "activity_lines": [ 6191.533333, 6054.436364, 5906.4, 5820.763441 ] }, { "date": "2026-02-27", "close": 6471.0, "volume": 361608, "typical_volume": 71914.3, "trend": 5752.8, "fair_value": 5216.282051, "relative_strength": -14.122025, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.262142, "energy": 99.382057, "activity_lines": [ 6308.6, 6148.563636, 5970.766667, 5869.406452 ] }, { "date": "2026-03-06", "close": 6173.0, "volume": 2562, "typical_volume": 68467.4, "trend": 5775.533333, "fair_value": 5227.782051, "relative_strength": -21.811915, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.541586, "energy": 68.772177, "activity_lines": [ 6289.2, 6175.254545, 6002.033333, 5896.516129 ] }, { "date": "2026-03-13", "close": 6114.0, "volume": 116002, "typical_volume": 68919.85, "trend": 5794.433333, "fair_value": 5239.346154, "relative_strength": -18.700233, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.685145, "energy": 67.206357, "activity_lines": [ 6238.666667, 6183.563636, 6024.919048, 5918.352688 ] }, { "date": "2026-03-20", "close": 6189.0, "volume": 134484, "typical_volume": 71982.4, "trend": 5815.266667, "fair_value": 5250.673077, "relative_strength": -19.715565, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.536599, "energy": 62.64877, "activity_lines": [ 6214.533333, 6199.072727, 6052.695238, 5943.808602 ] }, { "date": "2026-03-27", "close": 6243.0, "volume": 10183, "typical_volume": 71693.25, "trend": 5835.166667, "fair_value": 5261.967949, "relative_strength": -14.205153, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.064225, "energy": 46.031399, "activity_lines": [ 6208.666667, 6217.327273, 6082.666667, 5971.404301 ] }, { "date": "2026-04-03", "close": 6327.0, "volume": 83842, "typical_volume": 74933.7, "trend": 5861.366667, "fair_value": 5274.089744, "relative_strength": -14.319622, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.522473, "energy": 49.900885, "activity_lines": [ 6238.333333, 6244.254545, 6117.442857, 6003.135484 ] }, { "date": "2026-04-10", "close": 6398.0, "volume": 2806, "typical_volume": 74119.5, "trend": 5887.2, "fair_value": 5285.846154, "relative_strength": -17.620412, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.606966, "energy": 62.382077, "activity_lines": [ 6301.266667, 6276.581818, 6155.961905, 6037.756989 ] }, { "date": "2026-04-17", "close": 6235.0, "volume": 2801, "typical_volume": 73376.6, "trend": 5908.366667, "fair_value": 5296.25, "relative_strength": -18.278238, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.652022, "energy": 52.199707, "activity_lines": [ 6294.866667, 6272.054545, 6175.295238, 6060.195699 ] }, { "date": "2026-04-24", "close": 6289.0, "volume": 16637, "typical_volume": 74197.55, "trend": 5930.9, "fair_value": 5307.237179, "relative_strength": -15.973815, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.717809, "energy": 49.762904, "activity_lines": [ 6298.4, 6275.527273, 6197.366667, 6084.752688 ] }, { "date": "2026-05-01", "close": 6350.0, "volume": 21957, "typical_volume": 74397.1, "trend": 5956.4, "fair_value": 5318.557692, "relative_strength": -15.68922, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.985363, "energy": 48.857415, "activity_lines": [ 6315.6, 6288.345455, 6222.585714, 6111.791398 ] }, { "date": "2026-05-08", "close": 6141.0, "volume": 26642, "typical_volume": 74852.25, "trend": 5978.433333, "fair_value": 5330.294872, "relative_strength": -19.398911, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.531998, "energy": 26.738774, "activity_lines": [ 6256.0, 6263.272727, 6224.957143, 6123.701075 ] }, { "date": "2026-05-15", "close": 6240.0, "volume": 6166, "typical_volume": 75159.55, "trend": 6000.0, "fair_value": 5342.128205, "relative_strength": -14.950334, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.232622, "energy": 23.908744, "activity_lines": [ 6241.8, 6262.2, 6234.857143, 6140.576344 ] }, { "date": "2026-05-22", "close": 6268.0, "volume": 17337, "typical_volume": 75096.3, "trend": 6020.9, "fair_value": 5353.762821, "relative_strength": -14.068828, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.651557, "energy": 22.345335, "activity_lines": [ 6247.466667, 6265.0, 6245.1, 6157.866667 ] }, { "date": "2026-05-29", "close": 6030.0, "volume": 10797, "typical_volume": 68426.15, "trend": 6036.233333, "fair_value": 5363.5, "relative_strength": -17.868314, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.922272, "energy": 11.430014, "activity_lines": [ 6171.6, 6221.727273, 6230.257143, 6158.453763 ] }, { "date": "2026-06-12", "close": 63.38, "volume": 1983, "typical_volume": 67515.4, "trend": 5852.612667, "fair_value": 5333.874231, "relative_strength": -99.093071, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.511226, "energy": 96.430609, "activity_lines": [ 4124.126667, 5096.505455, 5646.069524, 5773.108387 ] }, { "date": "2026-06-19", "close": 63.71, "volume": 2875, "typical_volume": 67573.9, "trend": 5664.969667, "fair_value": 5304.0775, "relative_strength": -99.020548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.597025, "energy": 98.096774, "activity_lines": [ 2495.871333, 4083.700364, 5089.611524, 5399.630796 ] }, { "date": "2026-06-26", "close": 63.11, "volume": 971, "typical_volume": 62526.3, "trend": 5479.44, "fair_value": 5275.174359, "relative_strength": -98.977243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.191416, "energy": 97.966576, "activity_lines": [ 1272.568667, 3184.664182, 4560.954905, 5038.220495 ] }, { "date": "2026-07-03", "close": 62.57, "volume": 18355, "typical_volume": 58410.55, "trend": 5290.525667, "fair_value": 5246.376731, "relative_strength": -98.984196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.142225, "energy": 94.099754, "activity_lines": [ 460.878667, 2400.709636, 4060.522524, 4688.745011 ] }, { "date": "2026-07-10", "close": 63.75, "volume": 5324, "typical_volume": 50517.8, "trend": 5101.650667, "fair_value": 5217.612308, "relative_strength": -98.922386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.666549, "energy": 89.033069, "activity_lines": [ 63.277333, 1729.195636, 3589.118857, 4351.533677 ] }, { "date": "2026-07-17", "close": 64.55, "volume": 2447, "typical_volume": 42288.95, "trend": 4912.735667, "fair_value": 5188.968397, "relative_strength": -98.906009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.33212, "energy": 88.562303, "activity_lines": [ 63.692667, 1171.013455, 3146.978286, 4026.559441 ] }, { "date": "2026-07-24", "close": 64.55, "volume": 16, "typical_volume": 24209.35, "trend": 4723.487333, "fair_value": 5160.600128, "relative_strength": -98.909578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.992327, "energy": 82.542505, "activity_lines": [ 64.03, 727.112182, 2734.797, 3713.773269 ] }, { "date": "2026-07-31", "close": 68.56, "volume": 161030, "typical_volume": 32132.75, "trend": 4534.039333, "fair_value": 5131.616538, "relative_strength": -98.783411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.627368, "energy": 67.537788, "activity_lines": [ 65.648, 394.420909, 2353.504524, 3413.455376 ] }, { "date": "2026-08-07", "close": 66.81, "volume": 12739, "typical_volume": 26969.6, "trend": 4344.266333, "fair_value": 5102.788397, "relative_strength": -98.789796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.218836, "energy": 66.888226, "activity_lines": [ 66.319333, 173.619455, 2001.114143, 3125.247032 ] } ], "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." } } }