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Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 4.2, "rotation_up": 17.64, "upward_expansion": 10.81, "deceleration": 56.46, "rotation_down": 68.17, "downward_expansion": 86.47 }, "activity_lines": [ 22.067333, 22.694217, 24.99268, 26.370936 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 23.07, "trend_reference": 28.041174, "distance_from_trend": -0.177281, "trend_direction": "Weakening", "fair_value": 27.006145, "distance_from_fair_value": -0.14575, "fair_value_direction": "Weakening", "relative_strength": -22.770308, "relative_strength_direction": "Weakening", "price_momentum": -0.226358, "excess_performance": -0.233758, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.177281, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.072747, "read": "Falling" }, 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10975397, "typical_volume": 7646401.4, "trend": 28.041174, "fair_value": 27.006145, "relative_strength": -22.770308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.148754, "energy": 61.912838, "activity_lines": [ 22.067333, 22.694217, 24.99268, 26.370936 ] } ], "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." } } }