{ "ticker": { "uuid": "72289590-bc17-425e-b7b2-897f6346ef5c", "symbol": "GLAXO", "name": "GlaxoSmithKline 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 74.408, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 47.048, "architecture_energy": 71.623, "architecture_maturity": 12.84, "architecture_confidence": 67.125, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 17.94, "rotation_up": 78.45, "upward_expansion": 68.1, "deceleration": 18.07, "rotation_down": 16.23, "downward_expansion": 24.1 }, "activity_lines": [ 2567.386637, 2484.047261, 2401.310862, 2393.308018 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 2599.699951, "trend_reference": 2394.924154, "distance_from_trend": 0.085504, "trend_direction": "Weakening", "fair_value": 2383.225927, "distance_from_fair_value": 0.090832, "fair_value_direction": "Improving", "relative_strength": 4.828351, "relative_strength_direction": "Improving", "price_momentum": 0.046578, "excess_performance": 0.090287, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085504, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.015079, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.090832, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039028, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.048284, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.120116, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.046578, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.751999, "read": "Supply-led" } ], "volume": { "latest": 315702, "relative_activity": 1.010958, "balance": 0.751999, "dry_up": 1.174215, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.043921, "annualized_volatility": 0.259388, "from_high_reference": -0.098391, "from_low_reference": 0.245007 }, "levels": { "trend_reference": 2394.924154, "fair_value_reference": 2383.225927, "structural_low": 2088.100098, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.035104, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.007228, "regime_survival": 0.333333, "best_return": 0.048621, "worst_return": 0.003199, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.175122, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.089454, "regime_survival": 0.0, "best_return": 0.255911, "worst_return": 0.094333, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.161416, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.03596, "regime_survival": 0.0, "best_return": 0.265503, "worst_return": 0.057328, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.412519, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.268375, "regime_survival": 0.0, "best_return": 0.901, "worst_return": -0.075962, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-03-01", "tenure": "Established", "return": 0.279445, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-08", "end": "2024-05-24", "tenure": "Developing", "return": 0.18581, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-09-20", "tenure": "Established", "return": 0.037147, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-11-15", "tenure": "Developing", "return": -0.084925, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": -0.065428, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-20", "end": "2025-03-07", "tenure": "Developing", "return": 0.20899, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": 0.093686, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-07-18", "tenure": "Established", "return": 0.134377, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-22", "tenure": "Developing", "return": -0.109853, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-29", "end": "2025-10-03", "tenure": "Developing", "return": -0.014075, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-10", "end": "2026-02-20", "tenure": "Established", "return": -0.06161, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.121364, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-07-17", "tenure": "Established", "return": 0.089028, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.033966, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1368.605957, "volume": 157618, "typical_volume": 322953.45, "trend": 1268.68599, "fair_value": 1343.402332, "relative_strength": 0.396489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.20586, "energy": 45.369199, "activity_lines": [ 1372.35529, 1366.01183, 1331.933839, 1303.369083 ] }, { "date": "2023-08-25", "close": 1378.505127, "volume": 322690, "typical_volume": 335344.55, "trend": 1274.68678, "fair_value": 1343.341525, "relative_strength": 1.574421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.556885, "energy": 46.038727, "activity_lines": [ 1375.917074, 1369.067873, 1339.990057, 1310.454189 ] }, { "date": "2023-09-01", "close": 1395.877197, "volume": 423430, "typical_volume": 350497.5, "trend": 1281.832825, "fair_value": 1343.439848, "relative_strength": 2.117662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.701393, "energy": 51.528512, "activity_lines": [ 1383.842895, 1374.704239, 1349.010918, 1318.272925 ] }, { "date": "2023-09-08", "close": 1418.392822, "volume": 383543, "typical_volume": 357958.6, "trend": 1289.492163, "fair_value": 1343.118812, "relative_strength": 1.87544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.555719, "energy": 53.541626, "activity_lines": [ 1396.485327, 1383.463485, 1359.212648, 1327.083248 ] }, { "date": "2023-09-15", "close": 1553.050537, "volume": 876524, "typical_volume": 385663.5, "trend": 1301.972213, "fair_value": 1343.531986, "relative_strength": 9.507498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.596646, "energy": 86.318146, "activity_lines": [ 1450.138118, 1416.063654, 1381.088699, 1344.087014 ] }, { "date": "2023-09-22", "close": 1514.521484, "volume": 419584, "typical_volume": 381836.65, "trend": 1310.944336, "fair_value": 1344.565352, "relative_strength": 9.60066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.824775, "energy": 87.81522, "activity_lines": [ 1480.68317, 1438.132959, 1397.511548, 1357.79987 ] }, { "date": "2023-09-29", "close": 1502.584106, "volume": 262849, "typical_volume": 379817.6, "trend": 1319.127909, "fair_value": 1345.379166, "relative_strength": 9.012141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.36999, "energy": 84.85076, "activity_lines": [ 1497.521395, 1454.976505, 1411.229968, 1370.163726 ] }, { "date": "2023-10-06", "close": 1509.135132, "volume": 470891, "typical_volume": 391763.25, "trend": 1328.390198, "fair_value": 1346.298199, "relative_strength": 9.39278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.717554, "energy": 82.955062, "activity_lines": [ 1508.271362, 1470.366078, 1424.182929, 1382.422256 ] }, { "date": "2023-10-13", "close": 1482.688843, "volume": 195927, "typical_volume": 389591.6, "trend": 1337.091996, "fair_value": 1347.275598, "relative_strength": 6.97583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.983146, "energy": 57.947547, "activity_lines": [ 1502.655371, 1478.127472, 1433.261929, 1392.377008 ] }, { "date": "2023-10-20", "close": 1480.262573, "volume": 451855, "typical_volume": 383818.05, "trend": 1345.679712, "fair_value": 1348.311066, "relative_strength": 7.864613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.903261, "energy": 49.204791, "activity_lines": [ 1491.944222, 1483.221742, 1440.964345, 1401.613819 ] }, { "date": "2023-10-27", "close": 1392.092285, "volume": 303254, "typical_volume": 387599.1, "trend": 1350.180225, "fair_value": 1349.002772, "relative_strength": 4.085567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.551274, "energy": 25.791172, "activity_lines": [ 1456.695508, 1470.808998, 1439.505936, 1404.608179 ] }, { "date": "2023-11-03", "close": 1363.704834, "volume": 366231, "typical_volume": 381596.45, "trend": 1354.515763, "fair_value": 1349.873311, "relative_strength": 0.979172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.632864, "energy": 18.740934, "activity_lines": [ 1420.146256, 1452.807875, 1434.886973, 1405.480734 ] }, { "date": "2023-11-10", "close": 1428.38916, "volume": 903695, "typical_volume": 414379.75, "trend": 1362.343831, "fair_value": 1351.002257, "relative_strength": 4.565415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.702234, "energy": 22.714955, "activity_lines": [ 1414.417065, 1446.836634, 1436.347456, 1410.24676 ] }, { "date": "2023-11-17", "close": 1530.146484, "volume": 1060568, "typical_volume": 457397.5, "trend": 1374.120516, "fair_value": 1352.244811, "relative_strength": 9.999256, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.611892, "energy": 24.550861, "activity_lines": [ 1447.990047, 1458.775599, 1447.090019, 1421.072737 ] }, { "date": "2023-11-24", "close": 1596.237793, "volume": 1474772, "typical_volume": 516628.5, "trend": 1388.046468, "fair_value": 1353.746642, "relative_strength": 14.003992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.176907, "energy": 39.733845, "activity_lines": [ 1500.429622, 1480.699281, 1463.426611, 1435.402884 ] }, { "date": "2023-12-01", "close": 1628.652832, "volume": 801521, "typical_volume": 521212.5, "trend": 1402.8236, "fair_value": 1355.464129, "relative_strength": 13.217348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.834845, "energy": 70.103322, "activity_lines": [ 1555.942529, 1507.731383, 1481.72133, 1450.925875 ] }, { "date": "2023-12-08", "close": 1640.250366, "volume": 778903, "typical_volume": 532058.5, "trend": 1417.138037, "fair_value": 1357.261018, "relative_strength": 9.914179, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.562092, "energy": 79.418378, "activity_lines": [ 1599.550578, 1534.797012, 1499.776888, 1466.243731 ] }, { "date": "2023-12-15", "close": 1721.578613, "volume": 844594, "typical_volume": 554257.5, "trend": 1433.706356, "fair_value": 1359.235014, "relative_strength": 12.42816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.972895, "energy": 89.451419, "activity_lines": [ 1651.831673, 1574.146573, 1524.229684, 1485.885059 ] }, { "date": "2023-12-22", "close": 1702.314087, "volume": 604933, "typical_volume": 571528.25, "trend": 1449.045772, "fair_value": 1361.534561, "relative_strength": 11.478704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.608929, "energy": 86.170569, "activity_lines": [ 1678.145296, 1606.130884, 1545.097618, 1503.21459 ] }, { "date": "2023-12-29", "close": 1842.163818, "volume": 2004518, "typical_volume": 655395.0, "trend": 1466.454728, "fair_value": 1364.286596, "relative_strength": 18.019714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.066234, "energy": 92.464823, "activity_lines": [ 1739.597656, 1659.549232, 1577.655744, 1528.577044 ] }, { "date": "2024-01-05", "close": 2086.148682, "volume": 3045863, "typical_volume": 799807.25, "trend": 1492.788855, "fair_value": 1368.740329, "relative_strength": 32.818516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.710874, "energy": 97.469477, "activity_lines": [ 1865.983236, 1750.748442, 1631.340599, 1568.557299 ] }, { "date": "2024-01-12", "close": 2190.429443, "volume": 2383087, "typical_volume": 902827.1, "trend": 1520.913098, "fair_value": 1374.243004, "relative_strength": 37.153587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.125975, "energy": 97.429712, "activity_lines": [ 1996.629346, 1848.288583, 1691.540085, 1613.56637 ] }, { "date": "2024-01-19", "close": 2228.376465, "volume": 1630629, "typical_volume": 963187.05, "trend": 1550.443001, "fair_value": 1379.99708, "relative_strength": 39.986754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.401915, "energy": 95.947744, "activity_lines": [ 2103.245858, 1937.696826, 1751.487267, 1659.209168 ] }, { "date": "2024-01-26", "close": 2128.560059, "volume": 566996, "typical_volume": 972359.7, "trend": 1575.29279, "fair_value": 1385.40383, "relative_strength": 34.297047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.464253, "energy": 88.41559, "activity_lines": [ 2142.803711, 1994.411408, 1797.963843, 1696.507042 ] }, { "date": "2024-02-02", "close": 2239.440186, "volume": 725511, "typical_volume": 964809.05, "trend": 1604.636011, "fair_value": 1391.721706, "relative_strength": 36.766188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.372337, "energy": 87.881744, "activity_lines": [ 2190.905209, 2060.405766, 1851.618681, 1739.355261 ] }, { "date": "2024-02-09", "close": 2312.373291, "volume": 1027644, "typical_volume": 995212.05, "trend": 1636.832503, "fair_value": 1398.53801, "relative_strength": 40.257296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.302056, "energy": 71.424793, "activity_lines": [ 2236.83265, 2127.9661, 1908.951008, 1785.015731 ] }, { "date": "2024-02-16", "close": 2192.516113, "volume": 1169463, "typical_volume": 1040542.75, "trend": 1664.679529, "fair_value": 1404.439598, "relative_strength": 30.31062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.458072, "energy": 64.464792, "activity_lines": [ 2227.726058, 2161.302939, 1951.069071, 1820.866287 ] }, { "date": "2024-02-23", "close": 2106.771973, "volume": 590889, "typical_volume": 1046542.65, "trend": 1689.770321, "fair_value": 1409.736186, "relative_strength": 23.512371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.764564, "energy": 59.212264, "activity_lines": [ 2189.898975, 2169.008738, 1981.735635, 1849.38838 ] }, { "date": "2024-03-01", "close": 2083.770996, "volume": 921874, "typical_volume": 1082840.0, "trend": 1713.887366, "fair_value": 1414.415216, "relative_strength": 20.814005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.415802, "energy": 46.36145, "activity_lines": [ 2152.511865, 2165.529026, 2007.36574, 1874.807778 ] }, { "date": "2024-03-08", "close": 1989.486328, "volume": 595131, "typical_volume": 1090003.8, "trend": 1733.567586, "fair_value": 1419.015331, "relative_strength": 14.049851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.631109, "energy": 30.435871, "activity_lines": [ 2086.682471, 2137.971067, 2021.154056, 1892.588356 ] }, { "date": "2024-03-15", "close": 1869.726196, "volume": 985012, "typical_volume": 1124091.7, "trend": 1750.271594, "fair_value": 1422.953409, "relative_strength": 9.108752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.035006, "energy": 24.52341, "activity_lines": [ 1997.596623, 2085.959948, 2021.111771, 1901.372783 ] }, { "date": "2024-03-22", "close": 1905.149536, "volume": 980878, "typical_volume": 1154824.05, "trend": 1767.826408, "fair_value": 1427.266649, "relative_strength": 10.422725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.589715, "energy": 23.95439, "activity_lines": [ 1949.828361, 2044.32439, 2022.16869, 1911.364908 ] }, { "date": "2024-03-29", "close": 1889.184814, "volume": 503354, "typical_volume": 1134807.0, "trend": 1784.269995, "fair_value": 1431.328057, "relative_strength": 8.043998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.265207, "energy": 19.252527, "activity_lines": [ 1915.896297, 2004.973062, 2019.126851, 1919.194483 ] }, { "date": "2024-04-05", "close": 1880.887085, "volume": 532271, "typical_volume": 1108392.15, "trend": 1799.68647, "fair_value": 1435.258156, "relative_strength": 6.325823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.400927, "energy": 19.959161, "activity_lines": [ 1893.704134, 1970.280178, 2013.100488, 1925.427843 ] }, { "date": "2024-04-12", "close": 1825.907837, "volume": 525091, "typical_volume": 1060908.1, "trend": 1808.781714, "fair_value": 1438.7001, "relative_strength": 2.836008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.343981, "energy": 22.085751, "activity_lines": [ 1866.711149, 1930.094212, 2000.167812, 1927.119544 ] }, { "date": "2024-04-19", "close": 1816.008667, "volume": 372644, "typical_volume": 1039464.25, "trend": 1818.831287, "fair_value": 1442.181154, "relative_strength": 3.613576, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.217362, "energy": 30.355935, "activity_lines": [ 1847.323673, 1895.627166, 1985.198691, 1927.585799 ] }, { "date": "2024-04-26", "close": 2065.865234, "volume": 1042480, "typical_volume": 1052643.1, "trend": 1837.607324, "fair_value": 1447.224792, "relative_strength": 15.67789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.419909, "energy": 13.840123, "activity_lines": [ 1914.802889, 1915.613399, 1993.133263, 1943.523473 ] }, { "date": "2024-05-03", "close": 2033.547363, "volume": 386719, "typical_volume": 1029749.35, "trend": 1855.087732, "fair_value": 1452.02333, "relative_strength": 12.906961, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.673581, "energy": 15.285131, "activity_lines": [ 1960.795101, 1932.026398, 1995.963205, 1956.164766 ] }, { "date": "2024-05-10", "close": 1914.126831, "volume": 423862, "typical_volume": 1020695.8, "trend": 1869.468998, "fair_value": 1455.840258, "relative_strength": 7.768694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.112182, "energy": 16.025756, "activity_lines": [ 1957.356299, 1928.05793, 1985.934198, 1959.97374 ] }, { "date": "2024-05-17", "close": 2219.544678, "volume": 1491496, "typical_volume": 995044.7, "trend": 1894.111735, "fair_value": 1461.850757, "relative_strength": 21.762018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.407243, "energy": 39.996382, "activity_lines": [ 2053.507463, 1982.704419, 2003.983972, 1982.559268 ] }, { "date": "2024-05-24", "close": 2359.151855, "volume": 1288853, "typical_volume": 907194.2, "trend": 1926.347054, "fair_value": 1468.382721, "relative_strength": 25.592446, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.761788, "energy": 70.935935, "activity_lines": [ 2169.951896, 2058.551152, 2033.532616, 2012.561856 ] }, { "date": "2024-05-31", "close": 2573.790283, "volume": 1786468, "typical_volume": 877363.25, "trend": 1966.683236, "fair_value": 1476.408594, "relative_strength": 38.214628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.842968, "energy": 86.472908, "activity_lines": [ 2321.732926, 2164.524405, 2082.223001, 2054.332387 ] }, { "date": "2024-06-07", "close": 2463.932861, "volume": 1045818, "typical_volume": 848122.7, "trend": 2001.201359, "fair_value": 1483.677142, "relative_strength": 26.938194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.747205, "energy": 83.241078, "activity_lines": [ 2403.033146, 2238.366477, 2118.625246, 2086.413008 ] }, { "date": "2024-06-14", "close": 2608.722656, "volume": 920180, "typical_volume": 865781.9, "trend": 2037.153898, "fair_value": 1491.872987, "relative_strength": 32.183689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.085587, "energy": 87.795708, "activity_lines": [ 2503.904264, 2328.084002, 2167.695298, 2125.607931 ] }, { "date": "2024-06-21", "close": 2493.51001, "volume": 366149, "typical_volume": 847813.8, "trend": 2067.062972, "fair_value": 1499.343777, "relative_strength": 25.176753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.718222, "energy": 80.993197, "activity_lines": [ 2520.064779, 2383.620399, 2203.506228, 2155.050261 ] }, { "date": "2024-06-28", "close": 2604.939697, "volume": 803383, "typical_volume": 836600.75, "trend": 2099.605867, "fair_value": 1507.52324, "relative_strength": 26.946881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.617935, "energy": 69.950716, "activity_lines": [ 2555.104167, 2447.278518, 2248.719654, 2189.751985 ] }, { "date": "2024-07-05", "close": 2494.689209, "volume": 505400, "typical_volume": 803397.6, "trend": 2128.087162, "fair_value": 1515.101907, "relative_strength": 19.1436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.077173, "energy": 54.004429, "activity_lines": [ 2537.007536, 2476.546893, 2282.039859, 2215.241233 ] }, { "date": "2024-07-12", "close": 2526.034668, "volume": 526960, "typical_volume": 800201.15, "trend": 2154.902364, "fair_value": 1522.429655, "relative_strength": 18.852753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.588671, "energy": 47.652073, "activity_lines": [ 2534.632796, 2503.717642, 2316.906427, 2240.915265 ] }, { "date": "2024-07-19", "close": 2528.442139, "volume": 425054, "typical_volume": 775360.15, "trend": 2182.439966, "fair_value": 1529.002858, "relative_strength": 17.928773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.771775, "energy": 43.170696, "activity_lines": [ 2528.920427, 2522.3718, 2350.005789, 2265.014606 ] }, { "date": "2024-07-26", "close": 2660.261475, "volume": 1765098, "typical_volume": 833858.5, "trend": 2209.709888, "fair_value": 1536.845001, "relative_strength": 21.536973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.79436, "energy": 46.071651, "activity_lines": [ 2572.49987, 2553.823739, 2393.541892, 2295.8418 ] }, { "date": "2024-08-02", "close": 2771.249023, "volume": 728574, "typical_volume": 821036.6, "trend": 2232.546566, "fair_value": 1545.180042, "relative_strength": 26.041019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.241449, "energy": 52.17794, "activity_lines": [ 2641.958398, 2597.442201, 2444.45407, 2332.070131 ] }, { "date": "2024-08-09", "close": 2825.096924, "volume": 761919, "typical_volume": 810088.65, "trend": 2253.702148, "fair_value": 1554.08484, "relative_strength": 29.110657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.34153, "energy": 61.068346, "activity_lines": [ 2718.278939, 2643.358514, 2496.201653, 2370.299186 ] }, { "date": "2024-08-16", "close": 2855.361572, "volume": 465179, "typical_volume": 808179.9, "trend": 2274.601652, "fair_value": 1563.43543, "relative_strength": 28.320732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.724254, "energy": 76.828914, "activity_lines": [ 2782.660514, 2690.208279, 2546.450882, 2409.115923 ] }, { "date": "2024-08-23", "close": 2892.848633, "volume": 994871, "typical_volume": 831309.9, "trend": 2300.077938, "fair_value": 1573.296159, "relative_strength": 27.31376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.587181, "energy": 78.318252, "activity_lines": [ 2837.58265, 2736.756987, 2595.669466, 2449.002825 ] }, { "date": "2024-08-30", "close": 2697.404541, "volume": 533051, "typical_volume": 831707.9, "trend": 2315.343416, "fair_value": 1581.928676, "relative_strength": 15.916729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.610727, "energy": 61.588951, "activity_lines": [ 2803.062988, 2742.604479, 2621.455462, 2474.6368 ] }, { "date": "2024-09-06", "close": 2782.401855, "volume": 446777, "typical_volume": 835414.55, "trend": 2331.011035, "fair_value": 1591.016102, "relative_strength": 20.401362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.157521, "energy": 50.529647, "activity_lines": [ 2794.39956, 2760.198855, 2651.186457, 2504.769602 ] }, { "date": "2024-09-13", "close": 2854.624756, "volume": 337736, "typical_volume": 800177.35, "trend": 2353.081323, "fair_value": 1600.498321, "relative_strength": 20.183135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.251217, "energy": 50.417939, "activity_lines": [ 2809.066911, 2787.698082, 2683.19395, 2538.551133 ] }, { "date": "2024-09-20", "close": 2669.399902, "volume": 326696, "typical_volume": 797176.2, "trend": 2371.835587, "fair_value": 1609.02637, "relative_strength": 9.893475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.74499, "energy": 32.563162, "activity_lines": [ 2760.024121, 2774.975781, 2693.804983, 2558.958783 ] }, { "date": "2024-09-27", "close": 2650.631836, "volume": 273746, "typical_volume": 789670.4, "trend": 2390.730949, "fair_value": 1617.599967, "relative_strength": 6.963272, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.482629, "energy": 27.663252, "activity_lines": [ 2717.122754, 2756.234464, 2699.600713, 2576.945638 ] }, { "date": "2024-10-04", "close": 2703.546143, "volume": 240082, "typical_volume": 727099.7, "trend": 2414.532943, "fair_value": 1626.397891, "relative_strength": 13.455506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.439226, "energy": 22.396417, "activity_lines": [ 2708.007275, 2744.892298, 2706.928733, 2597.127263 ] }, { "date": "2024-10-11", "close": 2735.088379, "volume": 430995, "typical_volume": 684206.8, "trend": 2443.378349, "fair_value": 1635.441836, "relative_strength": 14.21541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.912291, "energy": 18.833939, "activity_lines": [ 2708.996436, 2738.498091, 2714.956007, 2617.808259 ] }, { "date": "2024-10-18", "close": 2613.095215, "volume": 567473, "typical_volume": 623257.05, "trend": 2466.976538, "fair_value": 1643.793146, "relative_strength": 8.962818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.836566, "energy": 15.566468, "activity_lines": [ 2672.47544, 2710.580775, 2709.574711, 2628.757734 ] }, { "date": "2024-10-25", "close": 2543.623779, "volume": 487089, "typical_volume": 595320.6, "trend": 2488.79117, "fair_value": 1651.482284, "relative_strength": 8.325914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.926145, "energy": 8.334762, "activity_lines": [ 2628.899268, 2673.886865, 2697.38992, 2633.702718 ] }, { "date": "2024-11-01", "close": 2685.613281, "volume": 472262, "typical_volume": 572924.7, "trend": 2515.615377, "fair_value": 1659.289002, "relative_strength": 12.906322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.685674, "energy": 10.878791, "activity_lines": [ 2641.038004, 2668.677188, 2698.34846, 2646.400918 ] }, { "date": "2024-11-08", "close": 2528.187988, "volume": 489372, "typical_volume": 579085.85, "trend": 2539.024715, "fair_value": 1666.258168, "relative_strength": 6.324215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.398403, "energy": 13.636232, "activity_lines": [ 2598.369547, 2638.612646, 2683.947968, 2647.212054 ] }, { "date": "2024-11-15", "close": 2425.526367, "volume": 257748, "typical_volume": 551804.1, "trend": 2559.341972, "fair_value": 1672.412558, "relative_strength": 4.15554, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.387933, "energy": 37.866126, "activity_lines": [ 2533.171094, 2592.95902, 2659.605046, 2639.88958 ] }, { "date": "2024-11-22", "close": 2380.760254, "volume": 477302, "typical_volume": 550399.2, "trend": 2569.838472, "fair_value": 1677.913616, "relative_strength": 0.262449, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.861646, "energy": 49.485823, "activity_lines": [ 2473.68807, 2545.654745, 2631.853033, 2628.368179 ] }, { "date": "2024-11-29", "close": 2412.94043, "volume": 570212, "typical_volume": 552561.8, "trend": 2582.484908, "fair_value": 1683.463981, "relative_strength": 0.293706, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.661199, "energy": 58.321245, "activity_lines": [ 2440.420768, 2512.81713, 2607.708318, 2618.245725 ] }, { "date": "2024-12-06", "close": 2312.993652, "volume": 503319, "typical_volume": 556475.05, "trend": 2595.780469, "fair_value": 1687.505431, "relative_strength": -6.27075, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.310336, "energy": 65.474937, "activity_lines": [ 2382.550098, 2466.470272, 2574.583407, 2600.859192 ] }, { "date": "2024-12-13", "close": 2224.990967, "volume": 334718, "typical_volume": 484956.05, "trend": 2595.962012, "fair_value": 1691.515273, "relative_strength": -10.331812, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.949933, "energy": 79.85409, "activity_lines": [ 2320.186507, 2410.261803, 2534.103232, 2576.937289 ] }, { "date": "2024-12-20", "close": 2246.658447, "volume": 418890, "typical_volume": 469471.85, "trend": 2592.212231, "fair_value": 1696.018348, "relative_strength": -5.208313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.530054, "energy": 79.502543, "activity_lines": [ 2285.258545, 2366.693879, 2497.759344, 2554.401575 ] }, { "date": "2024-12-27", "close": 2245.177734, "volume": 151507, "typical_volume": 438951.25, "trend": 2581.25848, "fair_value": 1700.346649, "relative_strength": -6.339927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.353312, "energy": 77.818659, "activity_lines": [ 2261.76154, 2331.737278, 2463.772485, 2532.012253 ] }, { "date": "2025-01-03", "close": 2212.207764, "volume": 462590, "typical_volume": 438821.8, "trend": 2572.867643, "fair_value": 1704.526051, "relative_strength": -8.382135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.020944, "energy": 73.17142, "activity_lines": [ 2236.313379, 2297.475546, 2429.40715, 2508.202529 ] }, { "date": "2025-01-10", "close": 2162.209473, "volume": 347385, "typical_volume": 406447.5, "trend": 2557.98387, "fair_value": 1708.296151, "relative_strength": -8.125613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.052345, "energy": 74.887747, "activity_lines": [ 2207.581299, 2260.148961, 2393.342709, 2481.708454 ] }, { "date": "2025-01-17", "close": 2036.745361, "volume": 426144, "typical_volume": 401102.15, "trend": 2542.758382, "fair_value": 1711.449332, "relative_strength": -12.348755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.628526, "energy": 80.783165, "activity_lines": [ 2147.080127, 2209.527153, 2348.80854, 2448.080163 ] }, { "date": "2025-01-24", "close": 2072.528809, "volume": 915188, "typical_volume": 424522.7, "trend": 2525.011353, "fair_value": 1715.615623, "relative_strength": -10.208768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.176305, "energy": 81.227634, "activity_lines": [ 2111.056478, 2174.346746, 2310.828315, 2417.742771 ] }, { "date": "2025-01-31", "close": 1951.704102, "volume": 1028660, "typical_volume": 459068.9, "trend": 2506.911849, "fair_value": 1719.113671, "relative_strength": -16.628436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.945888, "energy": 90.550072, "activity_lines": [ 2046.366569, 2123.616349, 2264.721322, 2380.755206 ] }, { "date": "2025-02-07", "close": 2179.730957, "volume": 4353772, "typical_volume": 660422.7, "trend": 2495.368392, "fair_value": 1724.094338, "relative_strength": -6.846109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.158096, "energy": 58.501851, "activity_lines": [ 2077.250521, 2122.1464, 2244.630794, 2359.646762 ] }, { "date": "2025-02-14", "close": 1992.02832, "volume": 540667, "typical_volume": 673768.75, "trend": 2477.487931, "fair_value": 1727.882956, "relative_strength": -12.312265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.418243, "energy": 58.692431, "activity_lines": [ 2047.732048, 2090.788872, 2208.995582, 2327.173209 ] }, { "date": "2025-02-21", "close": 2476.412842, "volume": 9672991, "typical_volume": 1145414.2, "trend": 2471.359644, "fair_value": 1735.065345, "relative_strength": 9.355011, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.193313, "energy": 20.744076, "activity_lines": [ 2191.020492, 2153.33699, 2222.628437, 2327.103848 ] }, { "date": "2025-02-28", "close": 2443.492188, "volume": 1861874, "typical_volume": 1216958.15, "trend": 2460.434416, "fair_value": 1742.207142, "relative_strength": 10.806586, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.90955, "energy": 18.510429, "activity_lines": [ 2294.024219, 2205.328227, 2234.207578, 2325.305948 ] }, { "date": "2025-03-07", "close": 2716.187012, "volume": 1267728, "typical_volume": 1251970.9, "trend": 2456.804085, "fair_value": 1750.77129, "relative_strength": 20.094887, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.318466, "energy": 36.301166, "activity_lines": [ 2463.195329, 2303.321547, 2273.146208, 2341.806115 ] }, { "date": "2025-03-14", "close": 2623.594238, "volume": 578425, "typical_volume": 1256537.7, "trend": 2449.078508, "fair_value": 1758.586063, "relative_strength": 16.087553, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.401324, "energy": 40.823805, "activity_lines": [ 2550.536654, 2375.916011, 2302.775565, 2352.56677 ] }, { "date": "2025-03-21", "close": 2897.868164, "volume": 550402, "typical_volume": 1260444.7, "trend": 2449.245825, "fair_value": 1768.328582, "relative_strength": 22.107568, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.302939, "energy": 65.389965, "activity_lines": [ 2699.711735, 2490.898708, 2358.145437, 2381.520942 ] }, { "date": "2025-03-28", "close": 2843.280029, "volume": 481819, "typical_volume": 1260067.05, "trend": 2454.108341, "fair_value": 1777.054608, "relative_strength": 18.135873, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.392044, "energy": 69.243865, "activity_lines": [ 2770.301448, 2582.580677, 2407.305701, 2406.942503 ] }, { "date": "2025-04-04", "close": 2703.99585, "volume": 411538, "typical_volume": 1267756.55, "trend": 2451.494808, "fair_value": 1785.12955, "relative_strength": 14.621502, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.136275, "energy": 59.722126, "activity_lines": [ 2770.00529, 2634.273984, 2441.700367, 2423.064278 ] }, { "date": "2025-04-11", "close": 2715.693359, "volume": 458630, "typical_volume": 1266822.95, "trend": 2446.863761, "fair_value": 1793.093856, "relative_strength": 14.68895, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.122458, "energy": 41.287865, "activity_lines": [ 2756.24139, 2676.612891, 2475.883037, 2440.109346 ] }, { "date": "2025-04-18", "close": 2869.389404, "volume": 489588, "typical_volume": 1262791.75, "trend": 2453.530078, "fair_value": 1802.323829, "relative_strength": 15.16406, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.277604, "energy": 47.421291, "activity_lines": [ 2793.742415, 2733.005819, 2523.108505, 2467.369064 ] }, { "date": "2025-04-25", "close": 2766.62915, "volume": 2372724, "typical_volume": 1356262.0, "trend": 2457.396655, "fair_value": 1811.058071, "relative_strength": 9.70935, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.901484, "energy": 38.332293, "activity_lines": [ 2780.603678, 2758.175821, 2558.373716, 2487.569005 ] }, { "date": "2025-05-02", "close": 2818.453369, "volume": 803168, "typical_volume": 1379684.5, "trend": 2461.226896, "fair_value": 1820.381181, "relative_strength": 9.844332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.189168, "energy": 37.840246, "activity_lines": [ 2793.488948, 2778.684757, 2596.414398, 2510.862986 ] }, { "date": "2025-05-09", "close": 2724.379883, "volume": 546431, "typical_volume": 1386061.55, "trend": 2460.869946, "fair_value": 1829.290025, "relative_strength": 7.154047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.94637, "energy": 34.991881, "activity_lines": [ 2776.671501, 2775.870503, 2622.669689, 2527.840598 ] }, { "date": "2025-05-16", "close": 2792.196045, "volume": 1338749, "typical_volume": 1445423.65, "trend": 2466.839974, "fair_value": 1838.352866, "relative_strength": 5.135732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.079703, "energy": 31.705915, "activity_lines": [ 2781.100505, 2780.279412, 2653.108798, 2549.216476 ] }, { "date": "2025-05-23", "close": 2982.020996, "volume": 1619405, "typical_volume": 1503264.4, "trend": 2481.453214, "fair_value": 1848.776333, "relative_strength": 12.684605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.435338, "energy": 43.078605, "activity_lines": [ 2843.704313, 2817.819966, 2699.021625, 2582.453961 ] }, { "date": "2025-05-30", "close": 3298.600098, "volume": 2129910, "typical_volume": 1592390.65, "trend": 2501.886108, "fair_value": 1861.325972, "relative_strength": 24.734564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.920939, "energy": 69.056314, "activity_lines": [ 3004.325716, 2906.403507, 2771.419065, 2635.173115 ] }, { "date": "2025-06-06", "close": 3438.5, "volume": 956483, "typical_volume": 1618907.6, "trend": 2532.229842, "fair_value": 1874.50343, "relative_strength": 27.981567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.850408, "energy": 85.018076, "activity_lines": [ 3176.11569, 3013.137358, 2851.728921, 2695.599817 ] }, { "date": "2025-06-13", "close": 3295.0, "volume": 610027, "typical_volume": 1603649.55, "trend": 2561.212297, "fair_value": 1886.912261, "relative_strength": 23.562438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.277009, "energy": 82.212953, "activity_lines": [ 3258.735889, 3082.958119, 2911.697089, 2744.810795 ] }, { "date": "2025-06-20", "close": 3213.5, "volume": 570970, "typical_volume": 1580765.05, "trend": 2588.970288, "fair_value": 1898.919252, "relative_strength": 18.155985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.086445, "energy": 80.121913, "activity_lines": [ 3276.148079, 3127.215168, 2958.08206, 2786.893873 ] }, { "date": "2025-06-27", "close": 3439.600098, "volume": 941888, "typical_volume": 1410170.85, "trend": 2623.192277, "fair_value": 1912.365863, "relative_strength": 23.315523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.918507, "energy": 77.856999, "activity_lines": [ 3340.840039, 3203.530296, 3019.991822, 2841.773215 ] }, { "date": "2025-07-04", "close": 3283.699951, "volume": 533572, "typical_volume": 1409816.1, "trend": 2655.549154, "fair_value": 1924.324177, "relative_strength": 17.992939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.081608, "energy": 52.801172, "activity_lines": [ 3323.06001, 3241.132475, 3061.054575, 2884.386614 ] }, { "date": "2025-07-11", "close": 3243.800049, "volume": 321653, "typical_volume": 942249.2, "trend": 2689.509456, "fair_value": 1935.933656, "relative_strength": 17.466317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.166904, "energy": 47.74208, "activity_lines": [ 3292.973356, 3262.07884, 3092.166519, 2922.338284 ] }, { "date": "2025-07-18", "close": 3138.399902, "volume": 279773, "typical_volume": 863144.15, "trend": 2719.234172, "fair_value": 1946.895779, "relative_strength": 14.023623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.279663, "energy": 37.947125, "activity_lines": [ 3240.733317, 3256.127965, 3109.586129, 2951.298958 ] }, { "date": "2025-07-25", "close": 3144.199951, "volume": 352510, "typical_volume": 817383.25, "trend": 2749.201579, "fair_value": 1958.496669, "relative_strength": 14.449865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.638386, "energy": 28.410388, "activity_lines": [ 3200.866634, 3243.704008, 3124.249041, 2978.716105 ] }, { "date": "2025-08-01", "close": 2936.5, "volume": 599276, "typical_volume": 818425.8, "trend": 2773.344653, "fair_value": 1968.752766, "relative_strength": 7.932254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.993168, "energy": 19.841229, "activity_lines": [ 3096.386637, 3187.116353, 3117.092848, 2990.799875 ] }, { "date": "2025-08-08", "close": 2651.0, "volume": 536086, "typical_volume": 817710.0, "trend": 2789.637671, "fair_value": 1976.969488, "relative_strength": -1.631628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.597776, "energy": 23.868135, "activity_lines": [ 2930.27998, 3079.447261, 3081.256151, 2982.906671 ] }, { "date": "2025-08-15", "close": 2769.600098, "volume": 736088, "typical_volume": 830423.45, "trend": 2814.066162, "fair_value": 1985.762462, "relative_strength": 1.720091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.06578, "energy": 27.500732, "activity_lines": [ 2845.886686, 3005.116371, 3057.890265, 2981.613924 ] }, { "date": "2025-08-22", "close": 2798.800049, "volume": 580988, "typical_volume": 838895.95, "trend": 2838.275203, "fair_value": 1994.759039, "relative_strength": 1.876452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.664608, "energy": 36.154455, "activity_lines": [ 2802.840039, 2948.256379, 3037.656183, 2980.629014 ] }, { "date": "2025-08-29", "close": 2785.0, "volume": 529501, "typical_volume": 842439.5, "trend": 2866.051733, "fair_value": 2003.890393, "relative_strength": 3.085776, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.06454, "energy": 49.744635, "activity_lines": [ 2777.833366, 2897.909104, 3015.656362, 2977.191904 ] }, { "date": "2025-09-05", "close": 2770.300049, "volume": 499773, "typical_volume": 842948.75, "trend": 2885.73737, "fair_value": 2012.957322, "relative_strength": 1.239389, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.324301, "energy": 49.205144, "activity_lines": [ 2771.873373, 2852.68002, 2991.926514, 2971.014376 ] }, { "date": "2025-09-12", "close": 2774.0, "volume": 342758, "typical_volume": 741450.45, "trend": 2911.803092, "fair_value": 2022.030328, "relative_strength": -0.094157, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.519713, "energy": 34.462712, "activity_lines": [ 2778.226693, 2820.292747, 2969.020896, 2963.805513 ] }, { "date": "2025-09-19", "close": 2741.100098, "volume": 484894, "typical_volume": 725536.75, "trend": 2920.626001, "fair_value": 2031.059715, "relative_strength": -2.189905, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.209792, "energy": 34.320161, "activity_lines": [ 2765.413379, 2791.190945, 2942.946855, 2952.792417 ] }, { "date": "2025-09-26", "close": 2672.399902, "volume": 450528, "typical_volume": 720741.6, "trend": 2928.256258, "fair_value": 2039.526148, "relative_strength": -2.162271, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.602737, "energy": 42.940406, "activity_lines": [ 2731.6, 2758.738197, 2910.698288, 2936.77783 ] }, { "date": "2025-10-03", "close": 2745.800049, "volume": 241355, "typical_volume": 665871.9, "trend": 2929.243359, "fair_value": 2048.641624, "relative_strength": -0.480731, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.379469, "energy": 47.883233, "activity_lines": [ 2730.680013, 2748.103658, 2885.687734, 2925.006462 ] }, { "date": "2025-10-10", "close": 2767.399902, "volume": 329512, "typical_volume": 601377.25, "trend": 2934.036881, "fair_value": 2057.995319, "relative_strength": -1.247336, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.357517, "energy": 46.005097, "activity_lines": [ 2739.573307, 2748.639999, 2862.955242, 2914.564948 ] }, { "date": "2025-10-17", "close": 2742.899902, "volume": 241798, "typical_volume": 506971.65, "trend": 2928.871273, "fair_value": 2067.330042, "relative_strength": -3.763557, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.821989, "energy": 39.749415, "activity_lines": [ 2740.493278, 2747.796342, 2838.911422, 2902.23353 ] }, { "date": "2025-10-24", "close": 2758.100098, "volume": 153087, "typical_volume": 466801.85, "trend": 2926.031942, "fair_value": 2076.647238, "relative_strength": -3.57921, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.867515, "energy": 29.774056, "activity_lines": [ 2748.55332, 2748.04545, 2818.961432, 2891.216035 ] }, { "date": "2025-10-31", "close": 2618.600098, "volume": 391382, "typical_volume": 455869.6, "trend": 2923.185417, "fair_value": 2085.246907, "relative_strength": -8.057374, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.84798, "energy": 44.396195, "activity_lines": [ 2708.980029, 2723.140012, 2788.965726, 2871.381723 ] }, { "date": "2025-11-07", "close": 2587.899902, "volume": 480908, "typical_volume": 451366.5, "trend": 2918.925635, "fair_value": 2093.774477, "relative_strength": -8.265576, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.264532, "energy": 63.723895, "activity_lines": [ 2662.759993, 2695.929084, 2759.267144, 2849.750399 ] }, { "date": "2025-11-14", "close": 2479.399902, "volume": 551281, "typical_volume": 431836.15, "trend": 2905.925985, "fair_value": 2101.642728, "relative_strength": -13.417648, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.775779, "energy": 83.044247, "activity_lines": [ 2590.899967, 2652.574521, 2722.214278, 2821.3939 ] }, { "date": "2025-11-21", "close": 2497.899902, "volume": 400150, "typical_volume": 425165.05, "trend": 2896.968343, "fair_value": 2109.542282, "relative_strength": -13.243864, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.47335, "energy": 86.788816, "activity_lines": [ 2544.406608, 2617.872687, 2691.495697, 2795.069637 ] }, { "date": "2025-11-28", "close": 2569.5, "volume": 429640, "typical_volume": 430564.4, "trend": 2888.669897, "fair_value": 2117.885907, "relative_strength": -11.186311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.556638, "energy": 79.825365, "activity_lines": [ 2538.113281, 2601.209055, 2671.338079, 2773.942647 ] }, { "date": "2025-12-05", "close": 2545.600098, "volume": 531134, "typical_volume": 443132.45, "trend": 2882.710571, "fair_value": 2126.103395, "relative_strength": -12.010336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.025596, "energy": 74.08346, "activity_lines": [ 2536.42666, 2583.319988, 2652.115232, 2751.809111 ] }, { "date": "2025-12-12", "close": 2600.800049, "volume": 512574, "typical_volume": 451135.65, "trend": 2876.330705, "fair_value": 2134.597477, "relative_strength": -9.778195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.421218, "energy": 49.180254, "activity_lines": [ 2558.00669, 2577.772727, 2640.97238, 2733.621336 ] }, { "date": "2025-12-19", "close": 2529.0, "volume": 327527, "typical_volume": 437548.2, "trend": 2861.230005, "fair_value": 2142.656852, "relative_strength": -12.029618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.153018, "energy": 44.5254, "activity_lines": [ 2554.793359, 2561.807275, 2625.579046, 2711.212903 ] }, { "date": "2025-12-26", "close": 2464.300049, "volume": 178387, "typical_volume": 419663.25, "trend": 2833.420003, "fair_value": 2150.431958, "relative_strength": -14.535131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.401233, "energy": 49.83714, "activity_lines": [ 2526.706706, 2538.41274, 2605.964288, 2685.604519 ] }, { "date": "2026-01-02", "close": 2483.800049, "volume": 751043, "typical_volume": 420411.0, "trend": 2801.596672, "fair_value": 2158.440947, "relative_strength": -14.827667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.338728, "energy": 47.877014, "activity_lines": [ 2507.360042, 2523.629111, 2589.095721, 2663.048393 ] }, { "date": "2026-01-09", "close": 2372.100098, "volume": 370944, "typical_volume": 409908.8, "trend": 2770.833342, "fair_value": 2165.710491, "relative_strength": -16.615586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.03917, "energy": 57.548971, "activity_lines": [ 2456.493392, 2493.523673, 2562.950015, 2635.338937 ] }, { "date": "2026-01-16", "close": 2345.399902, "volume": 218536, "typical_volume": 394360.55, "trend": 2741.896672, "fair_value": 2172.903165, "relative_strength": -17.639686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.282815, "energy": 72.549701, "activity_lines": [ 2408.293343, 2463.045472, 2536.293338, 2607.891618 ] }, { "date": "2026-01-23", "close": 2313.399902, "volume": 399553, "typical_volume": 389349.55, "trend": 2704.356665, "fair_value": 2180.050078, "relative_strength": -16.706951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.303393, "energy": 70.292875, "activity_lines": [ 2366.453304, 2431.158181, 2508.682377, 2580.246665 ] }, { "date": "2026-01-30", "close": 2401.600098, "volume": 308721, "typical_volume": 387647.7, "trend": 2674.953337, "fair_value": 2187.871259, "relative_strength": -14.63529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.884386, "energy": 58.682428, "activity_lines": [ 2368.38667, 2418.325471, 2491.647148, 2560.713983 ] }, { "date": "2026-02-06", "close": 2484.0, "volume": 327391, "typical_volume": 379772.55, "trend": 2649.626668, "fair_value": 2196.175024, "relative_strength": -13.050921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.461937, "energy": 45.832154, "activity_lines": [ 2401.966667, 2422.225466, 2484.232863, 2548.394413 ] }, { "date": "2026-02-13", "close": 2594.399902, "volume": 680903, "typical_volume": 391291.3, "trend": 2631.493335, "fair_value": 2205.25035, "relative_strength": -8.629596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.619611, "energy": 20.01156, "activity_lines": [ 2472.333301, 2447.752717, 2488.557139, 2544.831396 ] }, { "date": "2026-02-20", "close": 2596.899902, "volume": 262678, "typical_volume": 392357.45, "trend": 2613.25, "fair_value": 2213.914081, "relative_strength": -8.788368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.245966, "energy": 18.059233, "activity_lines": [ 2528.713281, 2472.847243, 2493.49094, 2542.599562 ] }, { "date": "2026-02-27", "close": 2571.600098, "volume": 237414, "typical_volume": 387752.55, "trend": 2601.08667, "fair_value": 2222.340512, "relative_strength": -8.136798, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.884397, "energy": 22.508482, "activity_lines": [ 2559.893327, 2493.412717, 2496.724284, 2539.912471 ] }, { "date": "2026-03-06", "close": 2517.300049, "volume": 237804, "typical_volume": 387552.85, "trend": 2596.630005, "fair_value": 2230.584317, "relative_strength": -7.117466, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.274026, "energy": 18.205981, "activity_lines": [ 2555.76001, 2503.330908, 2495.718574, 2534.506883 ] }, { "date": "2026-03-13", "close": 2424.300049, "volume": 245942, "typical_volume": 392195.6, "trend": 2585.120003, "fair_value": 2238.293709, "relative_strength": -5.324478, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.483974, "energy": 14.585824, "activity_lines": [ 2512.913363, 2495.376372, 2486.930007, 2523.388821 ] }, { "date": "2026-03-20", "close": 2384.800049, "volume": 183210, "typical_volume": 381787.0, "trend": 2571.320003, "fair_value": 2245.74351, "relative_strength": -6.378898, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.207905, "energy": 24.682388, "activity_lines": [ 2460.880046, 2481.321835, 2475.969059, 2510.464953 ] }, { "date": "2026-03-27", "close": 2259.5, "volume": 251398, "typical_volume": 370311.5, "trend": 2553.803337, "fair_value": 2252.169299, "relative_strength": -9.807252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.00174, "energy": 57.717066, "activity_lines": [ 2381.053369, 2444.254563, 2454.188107, 2490.347533 ] }, { "date": "2026-04-03", "close": 2254.120117, "volume": 309047, "typical_volume": 358199.8, "trend": 2536.597339, "fair_value": 2258.710847, "relative_strength": -9.301214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.228823, "energy": 69.346252, "activity_lines": [ 2321.926725, 2407.770947, 2433.458594, 2471.013132 ] }, { "date": "2026-04-10", "close": 2334.572266, "volume": 228974, "typical_volume": 349641.0, "trend": 2521.949748, "fair_value": 2266.02511, "relative_strength": -10.945399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.748307, "energy": 67.208825, "activity_lines": [ 2310.782796, 2386.992809, 2421.463951, 2457.979256 ] }, { "date": "2026-04-17", "close": 2392.985352, "volume": 201811, "typical_volume": 338249.55, "trend": 2510.345923, "fair_value": 2273.820876, "relative_strength": -9.500778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.353514, "energy": 58.105183, "activity_lines": [ 2331.291748, 2378.05392, 2415.81021, 2449.658973 ] }, { "date": "2026-04-24", "close": 2410.635986, "volume": 240410, "typical_volume": 323713.35, "trend": 2501.620459, "fair_value": 2281.719445, "relative_strength": -6.860704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.669855, "energy": 32.706334, "activity_lines": [ 2359.771891, 2373.979048, 2412.678027, 2443.226074 ] }, { "date": "2026-05-01", "close": 2278.4021, "volume": 449938, "typical_volume": 320581.55, "trend": 2486.040527, "fair_value": 2288.72626, "relative_strength": -12.009874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.349485, "energy": 33.092374, "activity_lines": [ 2342.451677, 2349.202814, 2397.594828, 2428.824889 ] }, { "date": "2026-05-08", "close": 2415.414307, "volume": 485608, "typical_volume": 328485.6, "trend": 2474.307674, "fair_value": 2296.448036, "relative_strength": -7.183217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.258929, "energy": 18.645587, "activity_lines": [ 2369.542058, 2355.12876, 2397.095638, 2424.268359 ] }, { "date": "2026-05-15", "close": 2378.260254, "volume": 356106, "typical_volume": 337371.55, "trend": 2462.153019, "fair_value": 2303.843749, "relative_strength": -6.367886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.490584, "energy": 17.984024, "activity_lines": [ 2373.494808, 2357.139165, 2393.598851, 2418.071751 ] }, { "date": "2026-05-22", "close": 2249.634277, "volume": 518815, "typical_volume": 325760.15, "trend": 2445.204159, "fair_value": 2310.3021, "relative_strength": -11.315804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.576112, "energy": 33.984616, "activity_lines": [ 2331.659701, 2338.291025, 2378.261685, 2404.360865 ] }, { "date": "2026-05-29", "close": 2210.199951, "volume": 751004, "typical_volume": 344763.15, "trend": 2431.59082, "fair_value": 2316.009182, "relative_strength": -11.609174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.553051, "energy": 44.521524, "activity_lines": [ 2286.236556, 2315.448748, 2360.283944, 2389.199303 ] }, { "date": "2026-06-05", "close": 2164.100098, "volume": 28741, "typical_volume": 335273.4, "trend": 2417.46416, "fair_value": 2321.573126, "relative_strength": -12.067064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.018538, "energy": 66.25978, "activity_lines": [ 2238.809196, 2287.399228, 2338.686693, 2371.941837 ] }, { "date": "2026-06-12", "close": 2121.5, "volume": 357494, "typical_volume": 333170.45, "trend": 2405.534163, "fair_value": 2326.539778, "relative_strength": -14.050361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.271611, "energy": 76.991443, "activity_lines": [ 2184.801937, 2253.338778, 2313.895623, 2352.847375 ] }, { "date": "2026-06-19", "close": 2332.0, "volume": 251981, "typical_volume": 330333.45, "trend": 2400.004167, "fair_value": 2332.882859, "relative_strength": -6.526708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.544218, "energy": 59.034545, "activity_lines": [ 2220.555632, 2259.962331, 2310.065981, 2348.103235 ] }, { "date": "2026-06-26", "close": 2354.800049, "volume": 0, "typical_volume": 313963.9, "trend": 2392.847502, "fair_value": 2339.111921, "relative_strength": -5.144271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.136694, "energy": 32.361262, "activity_lines": [ 2266.993359, 2270.778116, 2308.739201, 2345.186841 ] }, { "date": "2026-07-03", "close": 2395.5, "volume": 57138, "typical_volume": 282775.65, "trend": 2387.844165, "fair_value": 2345.755232, "relative_strength": -3.816418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.956836, "energy": 13.518457, "activity_lines": [ 2319.986686, 2289.68817, 2311.903845, 2345.35797 ] }, { "date": "2026-07-10", "close": 2438.199951, "volume": 290398, "typical_volume": 284161.65, "trend": 2382.424162, "fair_value": 2352.753446, "relative_strength": -1.320779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.660144, "energy": 20.964929, "activity_lines": [ 2374.859993, 2316.637052, 2320.082293, 2348.60673 ] }, { "date": "2026-07-17", "close": 2454.800049, "volume": 409752, "typical_volume": 292778.55, "trend": 2379.95083, "fair_value": 2359.789951, "relative_strength": -0.704819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.17354, "energy": 33.145418, "activity_lines": [ 2416.993343, 2343.698717, 2330.597417, 2353.276142 ] }, { "date": "2026-07-24", "close": 2514.300049, "volume": 325271, "typical_volume": 297151.9, "trend": 2381.617497, "fair_value": 2367.227462, "relative_strength": 4.539213, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.529123, "energy": 53.348021, "activity_lines": [ 2456.740023, 2380.86246, 2347.335398, 2361.943834 ] }, { "date": "2026-07-31", "close": 2655.399902, "volume": 416010, "typical_volume": 305655.3, "trend": 2387.337492, "fair_value": 2375.529644, "relative_strength": 7.833976, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.573939, "energy": 70.692822, "activity_lines": [ 2531.36665, 2441.207271, 2377.525746, 2379.607215 ] }, { "date": "2026-08-07", "close": 2599.699951, "volume": 315702, "typical_volume": 312279.9, "trend": 2394.924154, "fair_value": 2383.225927, "relative_strength": 4.828351, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.047648, "energy": 71.623409, "activity_lines": [ 2567.386637, 2484.047261, 2401.310862, 2393.308018 ] } ], "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." } } }