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"gate": "up", "direction": 40.709248, "energy": 31.826195, "activity_lines": [ 2768.6, 2770.527273, 2747.985714, 2735.869892 ] }, { "date": "2026-07-31", "close": 2844.0, "volume": 26, "typical_volume": 22392.45, "trend": 2737.783333, "fair_value": 2441.893717, "relative_strength": -13.080984, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.220157, "energy": 37.660429, "activity_lines": [ 2790.733333, 2784.018182, 2760.42381, 2742.947312 ] }, { "date": "2026-08-07", "close": 2898.0, "volume": 56051, "typical_volume": 25163.65, "trend": 2741.216667, "fair_value": 2444.914288, "relative_strength": -12.399774, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.409821, "energy": 62.120116, "activity_lines": [ 2825.4, 2805.8, 2777.028571, 2753.283871 ] } ], "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." } } }