{ "ticker": { "uuid": "54f77f18-42ab-4588-a5ec-33532e290d8d", "symbol": "GLENMARK", "name": "Glenmark Pharmaceuticals 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.586, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 40.518, "architecture_energy": 20.77, "architecture_maturity": 20.877, "architecture_confidence": 73.33, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 45.85, "rotation_up": 45.45, "upward_expansion": 66.32, "deceleration": 54.63, "rotation_down": 18.44, "downward_expansion": 9.66 }, "activity_lines": [ 2247.826693, 2231.492734, 2239.652376, 2221.984079 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 2279.100098, "trend_reference": 2177.846655, "distance_from_trend": 0.046492, "trend_direction": "Improving", "fair_value": 1549.967619, "distance_from_fair_value": 0.470418, "fair_value_direction": "Weakening", "relative_strength": 9.707787, "relative_strength_direction": "Weakening", "price_momentum": 0.177951, "excess_performance": 0.22166, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.046492, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042132, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.470418, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.194834, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.097078, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.13793, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.177951, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.95437, "read": "Supply-led" } ], "volume": { "latest": 3134538, "relative_activity": 1.294551, "balance": 0.95437, "dry_up": 1.141121, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.046688, "annualized_volatility": 0.189202, "from_high_reference": -0.078779, "from_low_reference": 0.271394 }, "levels": { "trend_reference": 2177.846655, "fair_value_reference": 1549.967619, "structural_low": 1941.400024, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.023269, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": -0.003098, "regime_survival": 0.454545, "best_return": 0.174387, "worst_return": -0.073953, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.087613, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.000452, "regime_survival": 0.0, "best_return": 0.320362, "worst_return": -0.106117, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.195677, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.180152, "regime_survival": 0.2, "best_return": 0.414737, "worst_return": -0.262597, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.305133, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.209031, "regime_survival": 0.0, "best_return": 1.145513, "worst_return": -0.180488, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-11-08", "tenure": "Extended", "return": 0.954314, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": 0.066767, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": -0.059415, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-05-23", "tenure": "Established", "return": -0.022708, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.091346, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.024732, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-29", "tenure": "Developing", "return": 0.051082, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.017422, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": -0.015176, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2026-01-02", "tenure": "Developing", "return": 0.108814, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": -0.019679, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-27", "tenure": "Developing", "return": 0.059924, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-06-12", "tenure": "Established", "return": 0.023254, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.02959, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 761.004333, "volume": 3462319, "typical_volume": 6651185.4, "trend": 568.165877, "fair_value": 492.834781, "relative_strength": 44.361641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.997224, "energy": 70.558565, "activity_lines": [ 781.17985, 751.535281, 695.005829, 641.156192 ] }, { "date": "2023-08-25", "close": 734.43573, "volume": 3965598, "typical_volume": 6607311.4, "trend": 580.024912, "fair_value": 494.448323, "relative_strength": 37.999736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.302681, "energy": 64.245505, "activity_lines": [ 766.231929, 753.859423, 703.736464, 651.883279 ] }, { "date": "2023-09-01", "close": 751.916321, "volume": 4316545, "typical_volume": 6694554.8, "trend": 592.315994, "fair_value": 496.282296, "relative_strength": 38.329327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.359539, "energy": 55.632545, "activity_lines": [ 758.018009, 757.610177, 712.914752, 662.973048 ] }, { "date": "2023-09-08", "close": 771.582031, "volume": 5751229, "typical_volume": 6565149.95, "trend": 604.779235, "fair_value": 498.189083, "relative_strength": 37.546188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.82313, "energy": 48.574815, "activity_lines": [ 759.120475, 762.696357, 722.704103, 674.538598 ] }, { "date": "2023-09-15", "close": 850.691956, "volume": 10727078, "typical_volume": 6527739.05, "trend": 618.702509, "fair_value": 500.438175, "relative_strength": 46.752334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.328852, "energy": 61.805318, "activity_lines": [ 788.360844, 780.344957, 738.773203, 690.403935 ] }, { "date": "2023-09-22", "close": 799.690308, "volume": 12602077, "typical_volume": 6945330.8, "trend": 630.839648, "fair_value": 502.526235, "relative_strength": 39.844957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.020514, "energy": 53.434132, "activity_lines": [ 796.948922, 785.700242, 748.59899, 702.080567 ] }, { "date": "2023-09-29", "close": 852.186157, "volume": 14705947, "typical_volume": 7081681.0, "trend": 645.45832, "fair_value": 504.89729, "relative_strength": 47.269939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.322498, "energy": 60.916117, "activity_lines": [ 820.456551, 798.739292, 762.222349, 716.360987 ] }, { "date": "2023-10-06", "close": 790.525879, "volume": 4658436, "typical_volume": 6870344.25, "trend": 657.617741, "fair_value": 506.865216, "relative_strength": 34.976596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.856583, "energy": 52.43145, "activity_lines": [ 815.560726, 798.673867, 768.814289, 725.720185 ] }, { "date": "2023-10-13", "close": 795.257507, "volume": 4107164, "typical_volume": 6462880.0, "trend": 669.530973, "fair_value": 508.872288, "relative_strength": 33.590054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.647888, "energy": 44.600079, "activity_lines": [ 809.66814, 799.519786, 775.045148, 734.60017 ] }, { "date": "2023-10-20", "close": 778.124207, "volume": 2468210, "typical_volume": 6389251.55, "trend": 681.374669, "fair_value": 510.803844, "relative_strength": 30.662322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.855776, "energy": 33.516796, "activity_lines": [ 796.486088, 797.302259, 778.654417, 741.606185 ] }, { "date": "2023-10-27", "close": 740.271362, "volume": 2654515, "typical_volume": 5979455.05, "trend": 690.665421, "fair_value": 512.559807, "relative_strength": 26.221219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.468903, "energy": 18.849112, "activity_lines": [ 775.524272, 788.525881, 777.857993, 745.405971 ] }, { "date": "2023-11-03", "close": 743.707947, "volume": 2106613, "typical_volume": 5909348.1, "trend": 699.494658, "fair_value": 514.104846, "relative_strength": 24.388274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.120033, "energy": 18.658827, "activity_lines": [ 759.669246, 780.7513, 776.872031, 748.82807 ] }, { "date": "2023-11-10", "close": 774.836853, "volume": 4099272, "typical_volume": 5912315.0, "trend": 709.091702, "fair_value": 516.008404, "relative_strength": 26.921533, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.642176, "energy": 17.883477, "activity_lines": [ 761.422404, 778.467933, 778.347801, 753.688857 ] }, { "date": "2023-11-17", "close": 772.944336, "volume": 9315730, "typical_volume": 6094285.55, "trend": 717.918821, "fair_value": 517.929422, "relative_strength": 23.36654, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.303893, "energy": 12.858377, "activity_lines": [ 763.590658, 775.423736, 778.947477, 757.808381 ] }, { "date": "2023-11-24", "close": 783.851929, "volume": 6179423, "typical_volume": 6068616.6, "trend": 725.392914, "fair_value": 519.986155, "relative_strength": 23.459356, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.743418, "energy": 9.351723, "activity_lines": [ 770.88232, 774.337968, 780.102504, 762.06213 ] }, { "date": "2023-12-01", "close": 789.529785, "volume": 3358499, "typical_volume": 5965493.3, "trend": 733.468453, "fair_value": 521.878754, "relative_strength": 20.307151, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.015016, "energy": 19.070589, "activity_lines": [ 779.684753, 775.499811, 781.325536, 766.199993 ] }, { "date": "2023-12-08", "close": 792.866821, "volume": 9254676, "typical_volume": 6100102.8, "trend": 739.60423, "fair_value": 523.64101, "relative_strength": 15.787457, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.985437, "energy": 21.221689, "activity_lines": [ 786.315637, 777.453125, 782.427377, 770.032146 ] }, { "date": "2023-12-15", "close": 820.808167, "volume": 6791591, "typical_volume": 6035073.65, "trend": 746.29562, "fair_value": 525.652263, "relative_strength": 16.083538, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.293102, "energy": 34.282911, "activity_lines": [ 798.983045, 785.565217, 785.976851, 775.271109 ] }, { "date": "2023-12-22", "close": 836.048889, "volume": 7461895, "typical_volume": 6111222.2, "trend": 754.584263, "fair_value": 527.887449, "relative_strength": 17.786559, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.089236, "energy": 52.9902, "activity_lines": [ 813.665938, 795.897762, 790.846991, 781.061643 ] }, { "date": "2023-12-29", "close": 850.642212, "volume": 3026292, "typical_volume": 6050655.45, "trend": 762.606156, "fair_value": 530.175887, "relative_strength": 16.664611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.602718, "energy": 67.069674, "activity_lines": [ 829.006303, 808.141977, 796.926267, 787.25893 ] }, { "date": "2024-01-05", "close": 889.242065, "volume": 7339701, "typical_volume": 6244524.55, "trend": 771.189665, "fair_value": 532.617004, "relative_strength": 20.866484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.987433, "energy": 79.305463, "activity_lines": [ 852.7606, 826.085838, 806.421117, 795.428988 ] }, { "date": "2024-01-12", "close": 865.584045, "volume": 4326506, "typical_volume": 6262569.95, "trend": 778.772683, "fair_value": 534.941411, "relative_strength": 15.594563, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.28447, "energy": 74.605899, "activity_lines": [ 861.981404, 837.019682, 813.052167, 801.518948 ] }, { "date": "2024-01-19", "close": 875.744507, "volume": 6444676, "typical_volume": 6368976.5, "trend": 787.007247, "fair_value": 537.437666, "relative_strength": 17.270957, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.124649, "energy": 72.626921, "activity_lines": [ 869.741215, 847.584954, 820.026364, 807.775195 ] }, { "date": "2024-01-26", "close": 887.648193, "volume": 2793384, "typical_volume": 6221084.25, "trend": 794.214988, "fair_value": 540.158815, "relative_strength": 19.037196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.074942, "energy": 69.733297, "activity_lines": [ 877.806498, 858.479848, 827.544587, 814.268159 ] }, { "date": "2024-02-02", "close": 882.269165, "volume": 5150953, "typical_volume": 5942278.0, "trend": 800.804759, "fair_value": 542.646212, "relative_strength": 14.41102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.952173, "energy": 48.665115, "activity_lines": [ 880.638818, 866.311213, 833.997826, 819.949074 ] }, { "date": "2024-02-09", "close": 839.834167, "volume": 4410885, "typical_volume": 5532718.4, "trend": 805.5546, "fair_value": 544.855924, "relative_strength": 8.303444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.91481, "energy": 38.550738, "activity_lines": [ 867.217676, 864.637718, 836.259269, 822.4671 ] }, { "date": "2024-02-16", "close": 868.871277, "volume": 17023134, "typical_volume": 5648577.75, "trend": 809.582216, "fair_value": 547.389339, "relative_strength": 9.8282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.963636, "energy": 30.324258, "activity_lines": [ 866.769429, 867.329074, 841.09499, 826.552047 ] }, { "date": "2024-02-23", "close": 896.613281, "volume": 8309829, "typical_volume": 5831147.4, "trend": 813.024874, "fair_value": 550.20164, "relative_strength": 11.535466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.439022, "energy": 35.336355, "activity_lines": [ 875.349369, 873.68253, 848.493353, 832.166955 ] }, { "date": "2024-03-01", "close": 916.735107, "volume": 6567222, "typical_volume": 5954150.3, "trend": 816.979346, "fair_value": 553.131909, "relative_strength": 12.348593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.987217, "energy": 39.285513, "activity_lines": [ 889.245333, 882.316226, 857.302903, 838.857937 ] }, { "date": "2024-03-08", "close": 951.549744, "volume": 5072404, "typical_volume": 6084360.0, "trend": 822.167143, "fair_value": 556.217351, "relative_strength": 14.734252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.034186, "energy": 60.097087, "activity_lines": [ 912.807047, 895.812834, 868.849667, 847.539899 ] }, { "date": "2024-03-15", "close": 922.911133, "volume": 7457763, "typical_volume": 6324522.4, "trend": 827.564036, "fair_value": 559.247652, "relative_strength": 12.698841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.950814, "energy": 59.578532, "activity_lines": [ 922.203853, 902.267739, 876.843109, 854.039511 ] }, { "date": "2024-03-22", "close": 947.316223, "volume": 3852585, "typical_volume": 6411821.0, "trend": 834.660052, "fair_value": 562.483505, "relative_strength": 14.236069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.330325, "energy": 66.50406, "activity_lines": [ 934.197225, 912.547768, 886.291132, 861.765459 ] }, { "date": "2024-03-29", "close": 954.737366, "volume": 1956371, "typical_volume": 6304675.95, "trend": 841.420754, "fair_value": 565.561048, "relative_strength": 13.007549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.641365, "energy": 64.249587, "activity_lines": [ 943.434648, 922.691057, 895.476367, 869.512382 ] }, { "date": "2024-04-05", "close": 1013.459045, "volume": 3474885, "typical_volume": 6012633.7, "trend": 849.483321, "fair_value": 568.722876, "relative_strength": 17.895866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.707745, "energy": 71.590417, "activity_lines": [ 968.371025, 942.07478, 909.397475, 880.611627 ] }, { "date": "2024-04-12", "close": 1047.725708, "volume": 3981090, "typical_volume": 5902717.05, "trend": 856.051113, "fair_value": 571.838353, "relative_strength": 20.683424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.451653, "energy": 81.612598, "activity_lines": [ 998.28136, 965.401336, 925.436765, 893.401458 ] }, { "date": "2024-04-19", "close": 1022.424194, "volume": 2914636, "typical_volume": 5880523.9, "trend": 863.475576, "fair_value": 574.871286, "relative_strength": 18.722774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.726551, "energy": 79.265517, "activity_lines": [ 1013.346126, 981.119316, 937.809846, 904.135205 ] }, { "date": "2024-04-26", "close": 1075.168945, "volume": 3717923, "typical_volume": 5603686.25, "trend": 870.908335, "fair_value": 578.131831, "relative_strength": 22.300636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.076563, "energy": 86.573411, "activity_lines": [ 1039.358272, 1003.107432, 954.097216, 917.792842 ] }, { "date": "2024-05-03", "close": 1049.219971, "volume": 2564424, "typical_volume": 5392327.9, "trend": 879.531472, "fair_value": 581.133484, "relative_strength": 18.10249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.975304, "energy": 78.302759, "activity_lines": [ 1048.197245, 1016.626686, 966.568958, 929.296818 ] }, { "date": "2024-05-10", "close": 1019.983643, "volume": 2079933, "typical_volume": 5123229.8, "trend": 887.022343, "fair_value": 583.841952, "relative_strength": 16.265625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.50761, "energy": 56.114473, "activity_lines": [ 1040.991935, 1022.055576, 975.168614, 938.358249 ] }, { "date": "2024-05-17", "close": 1015.600586, "volume": 2614010, "typical_volume": 5102615.7, "trend": 894.938222, "fair_value": 586.528933, "relative_strength": 13.039716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.946745, "energy": 51.783683, "activity_lines": [ 1031.890633, 1024.810302, 982.474955, 946.653619 ] }, { "date": "2024-05-24", "close": 1031.986938, "volume": 1993834, "typical_volume": 4835322.35, "trend": 904.662075, "fair_value": 589.318752, "relative_strength": 11.697843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.824893, "energy": 44.605421, "activity_lines": [ 1030.393123, 1029.379803, 990.556386, 955.495472 ] }, { "date": "2024-05-31", "close": 1155.855103, "volume": 15394947, "typical_volume": 5388744.4, "trend": 918.400313, "fair_value": 592.859784, "relative_strength": 26.362051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.215584, "energy": 58.559433, "activity_lines": [ 1069.547485, 1054.487592, 1009.755047, 971.701474 ] }, { "date": "2024-06-07", "close": 1189.524292, "volume": 5188989, "typical_volume": 5325960.05, "trend": 932.223228, "fair_value": 596.374247, "relative_strength": 24.794962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.946564, "energy": 66.031518, "activity_lines": [ 1114.545833, 1081.925436, 1030.778054, 989.193343 ] }, { "date": "2024-06-14", "close": 1232.35791, "volume": 3548539, "typical_volume": 5363717.8, "trend": 947.537014, "fair_value": 600.241984, "relative_strength": 27.208845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.466705, "energy": 90.694745, "activity_lines": [ 1164.468433, 1112.882358, 1054.386264, 1008.556871 ] }, { "date": "2024-06-21", "close": 1225.83313, "volume": 2781371, "typical_volume": 5245238.7, "trend": 962.26972, "fair_value": 604.030119, "relative_strength": 25.266009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.229598, "energy": 90.626013, "activity_lines": [ 1198.057821, 1138.672976, 1075.731592, 1026.511459 ] }, { "date": "2024-06-28", "close": 1225.733521, "volume": 2504799, "typical_volume": 5149934.4, "trend": 976.809845, "fair_value": 607.714991, "relative_strength": 21.695296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.816221, "energy": 88.054909, "activity_lines": [ 1217.598503, 1161.207167, 1095.431414, 1043.509124 ] }, { "date": "2024-07-05", "close": 1332.966553, "volume": 4802507, "typical_volume": 4538903.05, "trend": 994.813169, "fair_value": 612.070884, "relative_strength": 29.486499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.740437, "energy": 93.575352, "activity_lines": [ 1259.96709, 1199.541739, 1123.50629, 1066.486976 ] }, { "date": "2024-07-12", "close": 1376.148682, "volume": 6496851, "typical_volume": 4448254.15, "trend": 1013.32452, "fair_value": 616.566646, "relative_strength": 31.482441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.390683, "energy": 91.557674, "activity_lines": [ 1304.92229, 1241.040379, 1153.483772, 1091.089267 ] }, { "date": "2024-07-19", "close": 1407.476807, "volume": 3536752, "typical_volume": 4296730.65, "trend": 1032.372117, "fair_value": 621.497127, "relative_strength": 33.149712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.237682, "energy": 90.870986, "activity_lines": [ 1347.878573, 1282.290883, 1184.161383, 1116.518447 ] }, { "date": "2024-07-26", "close": 1432.828247, "volume": 3765185, "typical_volume": 4231369.7, "trend": 1051.778318, "fair_value": 626.857386, "relative_strength": 32.862499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.448557, "energy": 90.328681, "activity_lines": [ 1387.610742, 1321.105409, 1214.916552, 1142.354326 ] }, { "date": "2024-08-02", "close": 1437.460205, "volume": 3225446, "typical_volume": 4019753.85, "trend": 1070.052256, "fair_value": 632.316593, "relative_strength": 32.907689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.120484, "energy": 86.646576, "activity_lines": [ 1415.087223, 1353.176152, 1243.821057, 1167.237029 ] }, { "date": "2024-08-09", "close": 1467.244385, "volume": 3249955, "typical_volume": 3989622.35, "trend": 1090.107601, "fair_value": 638.175753, "relative_strength": 36.456948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.734597, "energy": 79.565489, "activity_lines": [ 1438.376652, 1383.289959, 1273.111917, 1192.862327 ] }, { "date": "2024-08-16", "close": 1559.734741, "volume": 8893767, "typical_volume": 4336492.15, "trend": 1112.907275, "fair_value": 644.775758, "relative_strength": 42.532423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.293344, "energy": 74.090004, "activity_lines": [ 1483.544344, 1424.558572, 1308.735534, 1223.160853 ] }, { "date": "2024-08-23", "close": 1680.116577, "volume": 6342679, "typical_volume": 4479881.85, "trend": 1139.322888, "fair_value": 652.293195, "relative_strength": 49.878154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.00914, "energy": 79.840273, "activity_lines": [ 1556.600244, 1480.983691, 1352.943148, 1259.755001 ] }, { "date": "2024-08-30", "close": 1725.04187, "volume": 4940948, "typical_volume": 4527874.75, "trend": 1167.415312, "fair_value": 659.990637, "relative_strength": 49.480335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.337596, "energy": 94.285164, "activity_lines": [ 1626.455257, 1537.43598, 1398.254802, 1297.543322 ] }, { "date": "2024-09-06", "close": 1696.10437, "volume": 4970209, "typical_volume": 4630653.4, "trend": 1195.957652, "fair_value": 667.544869, "relative_strength": 47.424624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.364363, "energy": 91.931734, "activity_lines": [ 1667.183529, 1579.550382, 1437.585188, 1331.652294 ] }, { "date": "2024-09-13", "close": 1749.408936, "volume": 4635957, "typical_volume": 4676555.1, "trend": 1225.308907, "fair_value": 675.476854, "relative_strength": 47.388606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.461249, "energy": 93.112301, "activity_lines": [ 1708.437044, 1622.804326, 1478.784199, 1367.358828 ] }, { "date": "2024-09-20", "close": 1632.745117, "volume": 6924727, "typical_volume": 4894570.25, "trend": 1249.846635, "fair_value": 682.728997, "relative_strength": 33.995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.116608, "energy": 73.215206, "activity_lines": [ 1691.99165, 1637.274987, 1505.661703, 1393.645035 ] }, { "date": "2024-09-27", "close": 1681.575317, "volume": 8350766, "typical_volume": 5208111.9, "trend": 1275.341309, "fair_value": 690.262209, "relative_strength": 34.813456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.747508, "energy": 65.032086, "activity_lines": [ 1686.955631, 1655.958476, 1534.411011, 1421.498499 ] }, { "date": "2024-10-04", "close": 1658.631592, "volume": 3580289, "typical_volume": 5256425.85, "trend": 1298.910704, "fair_value": 697.560099, "relative_strength": 37.713756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.237778, "energy": 61.908135, "activity_lines": [ 1674.174455, 1665.48677, 1557.824766, 1446.226904 ] }, { "date": "2024-10-11", "close": 1786.268555, "volume": 4882010, "typical_volume": 5400834.65, "trend": 1327.689284, "fair_value": 705.690725, "relative_strength": 46.776115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.13317, "energy": 65.592667, "activity_lines": [ 1708.366284, 1694.116269, 1590.33237, 1477.669346 ] }, { "date": "2024-10-18", "close": 1734.196289, "volume": 2804125, "typical_volume": 4771293.55, "trend": 1353.91862, "fair_value": 713.687768, "relative_strength": 41.457453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.595508, "energy": 59.350798, "activity_lines": [ 1719.189746, 1706.936113, 1614.288893, 1503.895605 ] }, { "date": "2024-10-25", "close": 1659.729004, "volume": 2151829, "typical_volume": 4619435.55, "trend": 1377.418341, "fair_value": 721.139453, "relative_strength": 37.555866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.337428, "energy": 52.575214, "activity_lines": [ 1706.204956, 1701.36278, 1628.399289, 1523.625307 ] }, { "date": "2024-11-01", "close": 1686.164185, "volume": 2473780, "typical_volume": 4565697.6, "trend": 1399.841846, "fair_value": 728.63724, "relative_strength": 37.410378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.977767, "energy": 48.468422, "activity_lines": [ 1700.232967, 1698.777766, 1642.78825, 1543.544394 ] }, { "date": "2024-11-08", "close": 1662.422363, "volume": 4287563, "typical_volume": 4641007.2, "trend": 1420.331734, "fair_value": 735.980306, "relative_strength": 34.864265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.036871, "energy": 34.059165, "activity_lines": [ 1686.041113, 1691.7661, 1652.755103, 1560.485072 ] }, { "date": "2024-11-15", "close": 1529.947266, "volume": 3006692, "typical_volume": 4666101.85, "trend": 1437.24917, "fair_value": 742.734798, "relative_strength": 26.135534, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.786115, "energy": 18.600781, "activity_lines": [ 1627.438176, 1661.80659, 1648.026284, 1567.557042 ] }, { "date": "2024-11-22", "close": 1474.583008, "volume": 3111001, "typical_volume": 4581526.55, "trend": 1450.562972, "fair_value": 748.820628, "relative_strength": 18.688647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.452052, "energy": 17.551064, "activity_lines": [ 1567.468571, 1624.801889, 1636.576042, 1569.965677 ] }, { "date": "2024-11-29", "close": 1524.90979, "volume": 2188471, "typical_volume": 4366107.55, "trend": 1466.419299, "fair_value": 755.438768, "relative_strength": 20.519861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.89913, "energy": 21.127864, "activity_lines": [ 1541.582113, 1601.944347, 1629.244462, 1574.762245 ] }, { "date": "2024-12-06", "close": 1524.360962, "volume": 2404991, "typical_volume": 4309519.5, "trend": 1483.231877, "fair_value": 761.884173, "relative_strength": 16.781269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.127224, "energy": 24.634828, "activity_lines": [ 1524.500659, 1580.947661, 1621.152227, 1578.500417 ] }, { "date": "2024-12-13", "close": 1514.435303, "volume": 6514515, "typical_volume": 4446986.0, "trend": 1499.859701, "fair_value": 768.538913, "relative_strength": 14.642874, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.337084, "energy": 22.428872, "activity_lines": [ 1514.897534, 1561.004752, 1611.5581, 1580.513541 ] }, { "date": "2024-12-20", "close": 1537.87793, "volume": 2515939, "typical_volume": 4411510.65, "trend": 1516.722734, "fair_value": 775.263272, "relative_strength": 21.108342, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.487236, "energy": 22.259508, "activity_lines": [ 1522.974422, 1547.94589, 1603.807999, 1582.96633 ] }, { "date": "2024-12-27", "close": 1582.069336, "volume": 2555636, "typical_volume": 4376794.7, "trend": 1530.929875, "fair_value": 782.061206, "relative_strength": 22.21503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.143559, "energy": 10.378165, "activity_lines": [ 1545.253068, 1547.438022, 1599.788423, 1587.18224 ] }, { "date": "2025-01-03", "close": 1632.096802, "volume": 2836278, "typical_volume": 4073920.25, "trend": 1545.682292, "fair_value": 789.293062, "relative_strength": 23.889871, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.6118, "energy": 14.812349, "activity_lines": [ 1577.041781, 1558.792001, 1599.986583, 1593.709139 ] }, { "date": "2025-01-10", "close": 1537.927612, "volume": 1554309, "typical_volume": 3834501.75, "trend": 1555.867949, "fair_value": 795.887427, "relative_strength": 18.51377, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.90035, "energy": 9.718051, "activity_lines": [ 1570.294963, 1553.526714, 1590.871667, 1593.208837 ] }, { "date": "2025-01-17", "close": 1464.507813, "volume": 2604889, "typical_volume": 3717698.8, "trend": 1563.823771, "fair_value": 802.220221, "relative_strength": 13.078419, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.74354, "energy": 14.642315, "activity_lines": [ 1538.170435, 1537.607582, 1575.44148, 1587.314635 ] }, { "date": "2025-01-24", "close": 1446.55188, "volume": 1455655, "typical_volume": 3541971.1, "trend": 1571.184383, "fair_value": 808.408498, "relative_strength": 11.419986, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.805798, "energy": 36.876318, "activity_lines": [ 1503.389095, 1522.022181, 1559.541842, 1579.748706 ] }, { "date": "2025-01-31", "close": 1449.644165, "volume": 1792348, "typical_volume": 3399790.65, "trend": 1575.073637, "fair_value": 814.595089, "relative_strength": 8.888247, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.545948, "energy": 61.138535, "activity_lines": [ 1475.726921, 1508.515294, 1545.125052, 1571.907402 ] }, { "date": "2025-02-07", "close": 1536.38147, "volume": 2441326, "typical_volume": 3175620.6, "trend": 1580.41473, "fair_value": 821.347178, "relative_strength": 14.117936, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.626455, "energy": 53.303485, "activity_lines": [ 1485.805526, 1511.23226, 1540.39641, 1569.411133 ] }, { "date": "2025-02-14", "close": 1319.812744, "volume": 3873673, "typical_volume": 2951765.95, "trend": 1577.492594, "fair_value": 826.832462, "relative_strength": 0.117188, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.160766, "energy": 72.012905, "activity_lines": [ 1430.075578, 1474.364518, 1515.501049, 1552.598102 ] }, { "date": "2025-02-21", "close": 1297.61731, "volume": 4893815, "typical_volume": 3017442.25, "trend": 1572.985563, "fair_value": 832.290914, "relative_strength": -1.536039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.24648, "energy": 77.135405, "activity_lines": [ 1381.488143, 1437.1803, 1490.214517, 1534.541632 ] }, { "date": "2025-02-28", "close": 1275.820679, "volume": 2755311, "typical_volume": 2911107.3, "trend": 1567.597579, "fair_value": 837.768741, "relative_strength": -0.801698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.620226, "energy": 80.026766, "activity_lines": [ 1336.761198, 1399.975204, 1464.57123, 1515.369704 ] }, { "date": "2025-03-07", "close": 1400.963745, "volume": 2098131, "typical_volume": 2875807.6, "trend": 1565.388224, "fair_value": 843.881763, "relative_strength": 6.166215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.889768, "energy": 71.751505, "activity_lines": [ 1345.130689, 1390.288071, 1453.277035, 1504.619134 ] }, { "date": "2025-03-14", "close": 1401.711914, "volume": 2142916, "typical_volume": 2875361.95, "trend": 1560.120797, "fair_value": 850.059361, "relative_strength": 6.237448, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.662169, "energy": 54.335638, "activity_lines": [ 1356.99493, 1384.029796, 1443.640915, 1494.059372 ] }, { "date": "2025-03-21", "close": 1511.043701, "volume": 1981742, "typical_volume": 2850760.05, "trend": 1554.485034, "fair_value": 856.851139, "relative_strength": 9.071146, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.628388, "energy": 25.812089, "activity_lines": [ 1414.281071, 1401.838845, 1445.646, 1490.893107 ] }, { "date": "2025-03-28", "close": 1537.279419, "volume": 4880144, "typical_volume": 2880389.1, "trend": 1548.226286, "fair_value": 863.843989, "relative_strength": 9.366627, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.286106, "energy": 18.732821, "activity_lines": [ 1467.563721, 1424.906823, 1450.983631, 1489.783068 ] }, { "date": "2025-04-04", "close": 1496.180054, "volume": 2238912, "typical_volume": 2842000.1, "trend": 1541.562142, "fair_value": 870.403849, "relative_strength": 8.59071, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.814209, "energy": 21.334409, "activity_lines": [ 1491.169108, 1439.179068, 1453.002956, 1486.425246 ] }, { "date": "2025-04-11", "close": 1374.727905, "volume": 2674439, "typical_volume": 2820172.0, "trend": 1529.072774, "fair_value": 876.193709, "relative_strength": -0.328742, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.545447, "energy": 23.132774, "activity_lines": [ 1459.599821, 1430.466775, 1443.616206, 1475.661747 ] }, { "date": "2025-04-18", "close": 1339.115356, "volume": 2343362, "typical_volume": 2827916.55, "trend": 1519.285116, "fair_value": 881.971945, "relative_strength": -7.36951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.843112, "energy": 21.162104, "activity_lines": [ 1417.90874, 1416.641586, 1431.313285, 1463.40643 ] }, { "date": "2025-04-25", "close": 1357.370483, "volume": 6525906, "typical_volume": 3033962.3, "trend": 1508.478288, "fair_value": 887.892504, "relative_strength": -7.090692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.600781, "energy": 33.512621, "activity_lines": [ 1386.475805, 1409.722168, 1421.633683, 1452.960325 ] }, { "date": "2025-05-02", "close": 1366.647827, "volume": 2175772, "typical_volume": 2817025.15, "trend": 1498.745496, "fair_value": 894.054718, "relative_strength": -7.911957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.291024, "energy": 47.540942, "activity_lines": [ 1368.3802, 1403.806672, 1413.63283, 1443.809972 ] }, { "date": "2025-05-09", "close": 1394.778809, "volume": 4007220, "typical_volume": 2891589.2, "trend": 1485.695837, "fair_value": 900.504166, "relative_strength": -5.045503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.79094, "energy": 45.486328, "activity_lines": [ 1371.037028, 1401.750799, 1409.014868, 1437.102444 ] }, { "date": "2025-05-16", "close": 1445.05542, "volume": 2628464, "typical_volume": 2895230.6, "trend": 1476.057809, "fair_value": 907.189552, "relative_strength": -5.972043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.043558, "energy": 25.046063, "activity_lines": [ 1397.212809, 1406.673253, 1409.866579, 1434.480482 ] }, { "date": "2025-05-23", "close": 1416.724976, "volume": 2572053, "typical_volume": 2882019.35, "trend": 1467.957674, "fair_value": 913.754061, "relative_strength": -7.546155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.689558, "energy": 15.187006, "activity_lines": [ 1409.256608, 1405.643051, 1408.6726, 1430.652557 ] }, { "date": "2025-05-30", "close": 1453.53479, "volume": 5730554, "typical_volume": 3090831.6, "trend": 1460.203361, "fair_value": 920.609882, "relative_strength": -4.971443, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.154838, "energy": 12.598581, "activity_lines": [ 1428.396371, 1411.032577, 1412.009898, 1429.722048 ] }, { "date": "2025-06-06", "close": 1586.30896, "volume": 8273828, "typical_volume": 3374278.55, "trend": 1457.666248, "fair_value": 928.321247, "relative_strength": 2.268612, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.202368, "energy": 30.325571, "activity_lines": [ 1485.383236, 1441.608478, 1428.394226, 1437.857893 ] }, { "date": "2025-06-13", "close": 1665.814087, "volume": 4474368, "typical_volume": 3525214.2, "trend": 1462.195142, "fair_value": 936.705784, "relative_strength": 8.131568, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.245567, "energy": 64.987922, "activity_lines": [ 1554.227734, 1485.748411, 1451.770464, 1451.286786 ] }, { "date": "2025-06-20", "close": 1632.69519, "volume": 5179147, "typical_volume": 3694554.15, "trend": 1467.465548, "fair_value": 944.741698, "relative_strength": 3.907639, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.761428, "energy": 70.539462, "activity_lines": [ 1593.963582, 1520.782471, 1470.948417, 1462.286789 ] }, { "date": "2025-06-27", "close": 1707.012939, "volume": 6577107, "typical_volume": 3901343.2, "trend": 1473.535653, "fair_value": 953.191065, "relative_strength": 5.905461, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.268898, "energy": 87.42664, "activity_lines": [ 1645.962695, 1564.638534, 1496.332578, 1477.74146 ] }, { "date": "2025-07-04", "close": 1825.921387, "volume": 3135655, "typical_volume": 3864442.3, "trend": 1483.587667, "fair_value": 962.444417, "relative_strength": 13.482224, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.762023, "energy": 95.54961, "activity_lines": [ 1718.245426, 1623.425269, 1532.228823, 1500.476023 ] }, { "date": "2025-07-11", "close": 2175.763428, "volume": 22886386, "typical_volume": 4764070.85, "trend": 1505.631938, "fair_value": 973.984627, "relative_strength": 35.645425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.353833, "energy": 98.634907, "activity_lines": [ 1882.316398, 1737.300539, 1599.033316, 1545.132524 ] }, { "date": "2025-07-18", "close": 2220.054688, "volume": 11297109, "typical_volume": 5191160.75, "trend": 1528.371163, "fair_value": 985.84671, "relative_strength": 38.099236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.559852, "energy": 98.173638, "activity_lines": [ 2021.854159, 1844.517574, 1665.874377, 1591.224314 ] }, { "date": "2025-07-25", "close": 2140.051025, "volume": 6457959, "typical_volume": 5409152.15, "trend": 1546.970553, "fair_value": 997.155781, "relative_strength": 32.698472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.873641, "energy": 92.085104, "activity_lines": [ 2097.774658, 1922.183472, 1720.599688, 1630.687531 ] }, { "date": "2025-08-01", "close": 2062.740479, "volume": 5602343, "typical_volume": 5582123.5, "trend": 1561.325342, "fair_value": 1007.985718, "relative_strength": 28.337876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.508188, "energy": 88.462948, "activity_lines": [ 2114.101253, 1973.156623, 1764.442628, 1663.96301 ] }, { "date": "2025-08-08", "close": 2014.658447, "volume": 2808864, "typical_volume": 5623479.6, "trend": 1577.21637, "fair_value": 1018.440699, "relative_strength": 25.556304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.744094, "energy": 76.052666, "activity_lines": [ 2090.685335, 2003.64185, 1800.558571, 1693.210307 ] }, { "date": "2025-08-15", "close": 2039.59729, "volume": 2382918, "typical_volume": 5498618.3, "trend": 1596.386019, "fair_value": 1029.071043, "relative_strength": 25.024791, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.069267, "energy": 63.665329, "activity_lines": [ 2062.999894, 2028.459164, 1836.651476, 1723.041335 ] }, { "date": "2025-08-22", "close": 1932.559814, "volume": 5292217, "typical_volume": 5651283.55, "trend": 1612.586283, "fair_value": 1039.070284, "relative_strength": 16.985608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.749952, "energy": 49.52881, "activity_lines": [ 2008.713037, 2025.573513, 1860.158346, 1744.729967 ] }, { "date": "2025-08-29", "close": 1919.192627, "volume": 2401907, "typical_volume": 5637656.95, "trend": 1628.237899, "fair_value": 1049.034445, "relative_strength": 17.935885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.462611, "energy": 38.836137, "activity_lines": [ 1969.136776, 2015.407542, 1880.314152, 1764.511021 ] }, { "date": "2025-09-05", "close": 2046.87915, "volume": 3520871, "typical_volume": 5696532.4, "trend": 1645.254488, "fair_value": 1059.69502, "relative_strength": 23.668119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.714761, "energy": 39.544594, "activity_lines": [ 1986.846582, 2023.248258, 1910.03789, 1791.520134 ] }, { "date": "2025-09-12", "close": 2127.281982, "volume": 4238505, "typical_volume": 5582162.35, "trend": 1672.170129, "fair_value": 1070.963317, "relative_strength": 26.047662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.597388, "energy": 45.815894, "activity_lines": [ 2032.414754, 2039.528285, 1944.048737, 1822.618682 ] }, { "date": "2025-09-19", "close": 2082.539307, "volume": 3493501, "typical_volume": 5648048.8, "trend": 1698.334196, "fair_value": 1081.863624, "relative_strength": 21.699634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.318081, "energy": 48.965205, "activity_lines": [ 2055.560465, 2042.193996, 1970.132131, 1849.094113 ] }, { "date": "2025-09-26", "close": 1969.184082, "volume": 3753744, "typical_volume": 5635375.0, "trend": 1721.446309, "fair_value": 1092.012147, "relative_strength": 17.689766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.153202, "energy": 44.393734, "activity_lines": [ 2038.058301, 2025.944651, 1982.010783, 1866.568299 ] }, { "date": "2025-10-03", "close": 1980.199951, "volume": 1800996, "typical_volume": 5594001.6, "trend": 1740.754183, "fair_value": 1102.171437, "relative_strength": 16.771274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.211618, "energy": 38.617353, "activity_lines": [ 2021.786475, 2016.259475, 1992.203302, 1883.262082 ] }, { "date": "2025-10-10", "close": 1939.300049, "volume": 2466855, "typical_volume": 5588741.7, "trend": 1758.673787, "fair_value": 1112.114388, "relative_strength": 12.427331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.187221, "energy": 26.317484, "activity_lines": [ 1987.814193, 2002.044336, 1995.952284, 1896.071493 ] }, { "date": "2025-10-17", "close": 1861.900024, "volume": 3347501, "typical_volume": 5469589.05, "trend": 1770.368998, "fair_value": 1121.51439, "relative_strength": 6.078907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.487807, "energy": 18.565728, "activity_lines": [ 1935.213843, 1976.000837, 1989.841383, 1902.73125 ] }, { "date": "2025-10-24", "close": 1818.800049, "volume": 1443143, "typical_volume": 5128054.8, "trend": 1779.753019, "fair_value": 1130.62856, "relative_strength": 3.226278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.953789, "energy": 25.642365, "activity_lines": [ 1885.938965, 1944.898404, 1977.681127, 1905.855834 ] }, { "date": "2025-10-31", "close": 1891.199951, "volume": 3767276, "typical_volume": 5092700.2, "trend": 1792.920349, "fair_value": 1140.06899, "relative_strength": 7.514642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.586696, "energy": 24.128975, "activity_lines": [ 1878.380005, 1930.974086, 1971.308998, 1913.045959 ] }, { "date": "2025-11-07", "close": 1811.5, "volume": 2138798, "typical_volume": 4940682.75, "trend": 1807.479419, "fair_value": 1149.047866, "relative_strength": 3.847266, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -12.230109, "energy": 33.240693, "activity_lines": [ 1849.453337, 1903.310864, 1956.273132, 1914.244646 ] }, { "date": "2025-11-14", "close": 1895.599976, "volume": 6300000, "typical_volume": 4926827.4, "trend": 1826.028906, "fair_value": 1158.58972, "relative_strength": 6.672126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.647821, "energy": 20.196888, "activity_lines": [ 1859.806657, 1892.896595, 1948.395336, 1919.929843 ] }, { "date": "2025-11-21", "close": 1844.199951, "volume": 11065698, "typical_volume": 5323329.55, "trend": 1842.256555, "fair_value": 1167.697035, "relative_strength": 2.888707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.838332, "energy": 17.401271, "activity_lines": [ 1855.939974, 1875.887398, 1934.724266, 1921.102169 ] }, { "date": "2025-11-28", "close": 1946.199951, "volume": 5241379, "typical_volume": 4441079.2, "trend": 1861.574959, "fair_value": 1177.403441, "relative_strength": 7.687003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.710915, "energy": 15.224258, "activity_lines": [ 1887.253296, 1882.570601, 1930.680441, 1927.808194 ] }, { "date": "2025-12-05", "close": 1968.199951, "volume": 3557644, "typical_volume": 4054105.95, "trend": 1880.688997, "fair_value": 1187.237821, "relative_strength": 8.567586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.443188, "energy": 15.774794, "activity_lines": [ 1917.406624, 1895.732701, 1929.825014, 1934.687226 ] }, { "date": "2025-12-12", "close": 1975.0, "volume": 2850961, "typical_volume": 3873756.05, "trend": 1898.353817, "fair_value": 1197.238034, "relative_strength": 9.081316, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.039932, "energy": 21.285762, "activity_lines": [ 1944.693302, 1910.149068, 1930.816518, 1940.771807 ] }, { "date": "2025-12-19", "close": 1992.099976, "volume": 1967345, "typical_volume": 3692006.15, "trend": 1917.532983, "fair_value": 1207.275598, "relative_strength": 10.016456, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.238156, "energy": 29.89265, "activity_lines": [ 1966.779972, 1927.769065, 1934.222549, 1946.819946 ] }, { "date": "2025-12-26", "close": 2010.599976, "volume": 2895589, "typical_volume": 3696342.4, "trend": 1936.101823, "fair_value": 1217.463587, "relative_strength": 10.386692, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.568755, "energy": 40.664506, "activity_lines": [ 1988.599976, 1947.7927, 1939.726868, 1952.824268 ] }, { "date": "2026-01-02", "close": 2064.5, "volume": 3599252, "typical_volume": 3757159.1, "trend": 1952.041524, "fair_value": 1228.00441, "relative_strength": 11.79324, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 43.871618, "energy": 50.482668, "activity_lines": [ 2017.293319, 1974.912704, 1950.383849, 1961.108021 ] }, { "date": "2026-01-09", "close": 2007.199951, "volume": 2716626, "typical_volume": 3628379.55, "trend": 1963.421053, "fair_value": 1238.196071, "relative_strength": 11.040025, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.513076, "energy": 41.107435, "activity_lines": [ 2018.999976, 1987.147246, 1955.465098, 1964.66663 ] }, { "date": "2026-01-16", "close": 2000.699951, "volume": 2062679, "typical_volume": 3611418.15, "trend": 1975.687878, "fair_value": 1248.36039, "relative_strength": 10.188799, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.100135, "energy": 29.785599, "activity_lines": [ 2015.939966, 1996.090878, 1959.57187, 1967.07172 ] }, { "date": "2026-01-23", "close": 1967.699951, "volume": 2187126, "typical_volume": 3544730.9, "trend": 1984.377445, "fair_value": 1258.546513, "relative_strength": 10.685576, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.103863, "energy": 14.925413, "activity_lines": [ 2000.166626, 1995.594511, 1960.147655, 1966.55637 ] }, { "date": "2026-01-30", "close": 2015.900024, "volume": 1703481, "typical_volume": 3417979.7, "trend": 1990.710067, "fair_value": 1269.012643, "relative_strength": 11.635782, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.482056, "energy": 7.838659, "activity_lines": [ 2002.086645, 2002.550885, 1965.690966, 1968.590084 ] }, { "date": "2026-02-06", "close": 1934.800049, "volume": 3304026, "typical_volume": 3408505.95, "trend": 1982.677954, "fair_value": 1278.865945, "relative_strength": 5.302482, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.031303, "energy": 8.657941, "activity_lines": [ 1976.620003, 1991.63999, 1964.040861, 1964.982987 ] }, { "date": "2026-02-13", "close": 1997.599976, "volume": 2430978, "typical_volume": 3342367.65, "trend": 1975.262797, "fair_value": 1288.895473, "relative_strength": 9.05858, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.770193, "energy": 6.167176, "activity_lines": [ 1980.733333, 1992.354534, 1969.075221, 1965.945698 ] }, { "date": "2026-02-20", "close": 2043.199951, "volume": 1866055, "typical_volume": 3345620.6, "trend": 1972.034428, "fair_value": 1299.200753, "relative_strength": 10.432606, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.212681, "energy": 11.170965, "activity_lines": [ 2000.686654, 2000.825437, 1978.317123, 1970.32874 ] }, { "date": "2026-02-27", "close": 2136.699951, "volume": 2254537, "typical_volume": 3335004.7, "trend": 1974.499744, "fair_value": 1310.246099, "relative_strength": 16.445173, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.994242, "energy": 50.358704, "activity_lines": [ 2048.973307, 2025.056341, 1996.163786, 1980.952322 ] }, { "date": "2026-03-06", "close": 2124.399902, "volume": 1685856, "typical_volume": 3251922.45, "trend": 1978.157792, "fair_value": 1321.134924, "relative_strength": 18.448851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.061156, "energy": 63.316773, "activity_lines": [ 2081.893278, 2044.421782, 2011.899017, 1990.6233 ] }, { "date": "2026-03-13", "close": 2170.699951, "volume": 4292451, "typical_volume": 3394387.85, "trend": 1982.527881, "fair_value": 1332.242869, "relative_strength": 26.786837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.129416, "energy": 69.079035, "activity_lines": [ 2123.013273, 2070.136324, 2030.793777, 2003.045375 ] }, { "date": "2026-03-20", "close": 2180.100098, "volume": 3247739, "typical_volume": 3368411.0, "trend": 1990.779224, "fair_value": 1343.507528, "relative_strength": 26.563133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.761665, "energy": 70.728761, "activity_lines": [ 2151.53999, 2095.629075, 2048.908075, 2015.791969 ] }, { "date": "2026-03-27", "close": 2170.5, "volume": 2139822, "typical_volume": 3368462.2, "trend": 1999.156136, "fair_value": 1354.462343, "relative_strength": 26.661694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.710642, "energy": 63.456693, "activity_lines": [ 2164.7, 2116.232715, 2064.732363, 2027.386858 ] }, { "date": "2026-04-03", "close": 2091.800049, "volume": 3179926, "typical_volume": 3212458.5, "trend": 2000.653499, "fair_value": 1364.801889, "relative_strength": 21.806287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.272961, "energy": 39.126463, "activity_lines": [ 2143.140023, 2119.439999, 2071.351893, 2033.363885 ] }, { "date": "2026-04-10", "close": 2163.199951, "volume": 2797001, "typical_volume": 2799023.65, "trend": 2001.850765, "fair_value": 1375.547238, "relative_strength": 18.066235, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.442565, "energy": 36.597591, "activity_lines": [ 2148.37334, 2133.372718, 2083.837129, 2043.850753 ] }, { "date": "2026-04-17", "close": 2249.5, "volume": 2141006, "typical_volume": 2644005.0, "trend": 2007.416121, "fair_value": 1386.709862, "relative_strength": 20.150426, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.743664, "energy": 40.645087, "activity_lines": [ 2179.78667, 2160.318175, 2103.022368, 2059.828123 ] }, { "date": "2026-04-24", "close": 2299.5, "volume": 3527842, "typical_volume": 2642514.9, "trend": 2018.426652, "fair_value": 1397.86288, "relative_strength": 23.930037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.28012, "energy": 44.770691, "activity_lines": [ 2222.61333, 2190.632724, 2125.525227, 2078.672244 ] }, { "date": "2026-05-01", "close": 2406.300049, "volume": 3410309, "typical_volume": 2670482.3, "trend": 2032.629989, "fair_value": 1409.77978, "relative_strength": 27.751016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.115792, "energy": 69.757184, "activity_lines": [ 2293.080013, 2234.876372, 2156.6219, 2103.696334 ] }, { "date": "2026-05-08", "close": 2366.399902, "volume": 3606576, "typical_volume": 2752443.85, "trend": 2046.86665, "fair_value": 1421.046488, "relative_strength": 23.500765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.814164, "energy": 73.000832, "activity_lines": [ 2334.526644, 2265.263627, 2181.864749, 2125.229877 ] }, { "date": "2026-05-15", "close": 2325.899902, "volume": 3825737, "typical_volume": 2798951.25, "trend": 2062.333313, "fair_value": 1431.981317, "relative_strength": 22.910419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.220239, "energy": 67.966975, "activity_lines": [ 2344.166618, 2284.110884, 2201.468074, 2143.232022 ] }, { "date": "2026-05-22", "close": 2259.100098, "volume": 4234066, "typical_volume": 2830691.95, "trend": 2077.009981, "fair_value": 1442.69741, "relative_strength": 17.91553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.810497, "energy": 46.402627, "activity_lines": [ 2320.693327, 2287.149086, 2213.208086, 2155.926653 ] }, { "date": "2026-05-29", "close": 2274.899902, "volume": 3174510, "typical_volume": 2853586.15, "trend": 2089.79998, "fair_value": 1453.369939, "relative_strength": 18.536194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.563745, "energy": 34.954396, "activity_lines": [ 2301.846631, 2291.452703, 2225.526173, 2168.693745 ] }, { "date": "2026-06-05", "close": 2166.199951, "volume": 512882, "typical_volume": 2776096.3, "trend": 2101.623311, "fair_value": 1463.206241, "relative_strength": 12.966886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.961516, "energy": 18.129456, "activity_lines": [ 2248.406624, 2274.269061, 2226.217122, 2173.622775 ] }, { "date": "2026-06-12", "close": 2173.800049, "volume": 500898, "typical_volume": 2691784.9, "trend": 2110.896647, "fair_value": 1473.050514, "relative_strength": 11.490261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.593441, "energy": 18.985133, "activity_lines": [ 2213.506657, 2258.545437, 2226.843795, 2178.279339 ] }, { "date": "2026-06-19", "close": 2213.600098, "volume": 954063, "typical_volume": 2654314.0, "trend": 2123.209985, "fair_value": 1483.210081, "relative_strength": 10.984191, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.006514, "energy": 18.065085, "activity_lines": [ 2204.713363, 2248.567276, 2230.27952, 2184.905368 ] }, { "date": "2026-06-26", "close": 2154.399902, "volume": 0, "typical_volume": 2489112.7, "trend": 2130.149984, "fair_value": 1492.716389, "relative_strength": 7.252874, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.552699, "energy": 12.959597, "activity_lines": [ 2183.673324, 2226.909078, 2227.135702, 2186.917621 ] }, { "date": "2026-07-03", "close": 2211.0, "volume": 632010, "typical_volume": 2399164.3, "trend": 2138.243319, "fair_value": 1502.501158, "relative_strength": 8.611415, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.163912, "energy": 12.147407, "activity_lines": [ 2188.479997, 2217.270898, 2228.336656, 2192.133751 ] }, { "date": "2026-07-10", "close": 2282.899902, "volume": 2737870, "typical_volume": 2442755.05, "trend": 2148.506649, "fair_value": 1512.66501, "relative_strength": 12.239007, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.320066, "energy": 11.592203, "activity_lines": [ 2221.513297, 2222.31452, 2235.369029, 2201.466434 ] }, { "date": "2026-07-17", "close": 2235.5, "volume": 2432994, "typical_volume": 2451677.9, "trend": 2156.619983, "fair_value": 1522.199992, "relative_strength": 9.259358, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.174704, "energy": 13.600066, "activity_lines": [ 2230.966634, 2220.983616, 2236.745697, 2207.078908 ] }, { "date": "2026-07-24", "close": 2192.0, "volume": 3128887, "typical_volume": 2523829.45, "trend": 2162.66665, "fair_value": 1531.165803, "relative_strength": 9.53653, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.060575, "energy": 13.724843, "activity_lines": [ 2221.806641, 2214.123619, 2233.509032, 2209.36149 ] }, { "date": "2026-07-31", "close": 2248.0, "volume": 2355718, "typical_volume": 2426992.8, "trend": 2168.783317, "fair_value": 1540.460027, "relative_strength": 9.291033, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.864971, "energy": 18.794992, "activity_lines": [ 2232.75332, 2219.879985, 2235.283795, 2214.866867 ] }, { "date": "2026-08-07", "close": 2279.100098, "volume": 3134538, "typical_volume": 2421332.75, "trend": 2177.846655, "fair_value": 1549.967619, "relative_strength": 9.707787, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.518335, "energy": 20.770291, "activity_lines": [ 2247.826693, 2231.492734, 2239.652376, 2221.984079 ] } ], "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." } } }