{ "ticker": { "uuid": "8046772d-55d5-4299-903f-05209ae663bb", "symbol": "ITRK", "name": "Intertek Group plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 70.219, "architecture_energy": 87.076, "architecture_maturity": 59.784, "architecture_confidence": 93.627, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 0.0, "rotation_up": 60.98, "upward_expansion": 99.95, "deceleration": 39.01, "rotation_down": 29.95, "downward_expansion": 21.95 }, "activity_lines": [ 5831.333333, 5811.818182, 5588.039456, 5269.320384 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 5840.0, "trend_reference": 4929.114152, "distance_from_trend": 0.184797, "trend_direction": "Improving", "fair_value": 4720.78222, "distance_from_fair_value": 0.237083, "fair_value_direction": "Improving", "relative_strength": 11.078983, "relative_strength_direction": "Improving", "price_momentum": 0.304408, "excess_performance": 0.253173, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.184797, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.079035, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.237083, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.169616, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.11079, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.115416, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.304408, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.396042, "read": "Demand-led" } ], "volume": { "latest": 6648700, "relative_activity": 1.344231, "balance": 1.396042, "dry_up": 1.198256, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.026382, "annualized_volatility": 0.504218, "from_high_reference": -0.002562, "from_low_reference": 0.65969 }, "levels": { "trend_reference": 4929.114152, "fair_value_reference": 4720.78222, "structural_low": 3518.728724, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.013432, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.028963, "regime_survival": 0.625, "best_return": 0.08653, "worst_return": -0.086673, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.057881, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.073704, "regime_survival": 0.142857, "best_return": 0.109966, "worst_return": -0.118657, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.039297, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.030332, "regime_survival": 0.0, "best_return": 0.094009, "worst_return": -0.106299, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.022224, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.020376, "regime_survival": 0.333333, "best_return": 0.128569, "worst_return": -0.134628, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-08-09", "tenure": "Developing", "return": -0.019393, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-09-27", "tenure": "Developing", "return": 0.105605, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": -0.09252, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": 0.017647, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-01-24", "tenure": "Developing", "return": 0.069763, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.040118, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": -0.068696, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.12988, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.089192, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-10-24", "tenure": "Established", "return": 0.068035, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-12", "tenure": "Developing", "return": -0.126555, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-04-10", "tenure": "Established", "return": -0.184503, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-29", "tenure": "Developing", "return": 0.070847, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.070577, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4051.42041, "volume": 1516903, "typical_volume": 1953201.95, "trend": 4201.329362, "fair_value": 4938.200227, "relative_strength": 2.546266, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.243297, "energy": 12.642169, "activity_lines": [ 4198.090853, 4200.379661, 4208.604567, 4191.480632 ] }, { "date": "2023-08-25", "close": 4129.351563, "volume": 1182713, "typical_volume": 1950184.65, "trend": 4195.624788, "fair_value": 4927.06143, "relative_strength": 3.353435, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.570783, "energy": 13.322999, "activity_lines": [ 4166.385547, 4184.12132, 4203.055952, 4186.836903 ] }, { "date": "2023-09-01", "close": 4140.342285, "volume": 1827910, "typical_volume": 1965327.85, "trend": 4182.861019, "fair_value": 4916.274705, "relative_strength": 1.83712, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.024932, "energy": 17.607675, "activity_lines": [ 4141.874023, 4174.675213, 4197.837286, 4183.27029 ] }, { "date": "2023-09-08", "close": 4201.288086, "volume": 1394134, "typical_volume": 1940996.1, "trend": 4177.356624, "fair_value": 4903.945726, "relative_strength": 3.080297, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.830518, "energy": 13.992961, "activity_lines": [ 4153.79681, 4178.580873, 4198.077222, 4184.459133 ] }, { "date": "2023-09-15", "close": 4229.644043, "volume": 1781937, "typical_volume": 1936041.55, "trend": 4168.834912, "fair_value": 4889.978563, "relative_strength": 0.600287, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.816446, "energy": 11.14377, "activity_lines": [ 4178.968197, 4188.732102, 4200.610082, 4187.832515 ] }, { "date": "2023-09-22", "close": 4077.764404, "volume": 1835138, "typical_volume": 1907443.95, "trend": 4159.013289, "fair_value": 4875.434669, "relative_strength": -2.649162, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.782105, "energy": 9.769245, "activity_lines": [ 4154.753239, 4166.992969, 4188.306791, 4181.956998 ] }, { "date": "2023-09-29", "close": 4108.740723, "volume": 2194042, "typical_volume": 1952897.85, "trend": 4156.817293, "fair_value": 4860.551666, "relative_strength": -0.94244, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.418819, "energy": 8.199598, "activity_lines": [ 4139.107454, 4152.205322, 4179.600366, 4178.713607 ] }, { "date": "2023-10-06", "close": 4161.697754, "volume": 1371346, "typical_volume": 1884210.6, "trend": 4158.018156, "fair_value": 4847.621133, "relative_strength": 1.773672, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.512613, "energy": 10.768853, "activity_lines": [ 4142.48807, 4148.383754, 4175.961013, 4179.028475 ] }, { "date": "2023-10-13", "close": 4197.669434, "volume": 2247680, "typical_volume": 1849895.3, "trend": 4165.546012, "fair_value": 4835.17722, "relative_strength": 1.156392, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.81017, "energy": 7.711334, "activity_lines": [ 4156.435547, 4155.110312, 4175.58074, 4181.586622 ] }, { "date": "2023-10-20", "close": 3994.830322, "volume": 1555431, "typical_volume": 1787023.25, "trend": 4168.077393, "fair_value": 4822.405978, "relative_strength": -1.195203, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.168275, "energy": 30.169302, "activity_lines": [ 4103.011231, 4126.058265, 4156.128054, 4170.572707 ] }, { "date": "2023-10-27", "close": 3752.022949, "volume": 2294177, "typical_volume": 1799866.7, "trend": 4158.186393, "fair_value": 4810.792205, "relative_strength": -5.730403, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.3384, "energy": 68.532749, "activity_lines": [ 3984.305371, 4057.467001, 4114.833724, 4143.730485 ] }, { "date": "2023-11-03", "close": 3870.928467, "volume": 3429998, "typical_volume": 1840136.55, "trend": 4154.589803, "fair_value": 4798.353251, "relative_strength": -4.427108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.657206, "energy": 71.644742, "activity_lines": [ 3926.950781, 4015.938512, 4087.393216, 4125.197715 ] }, { "date": "2023-11-10", "close": 3803.981689, "volume": 2269834, "typical_volume": 1860263.55, "trend": 4145.798104, "fair_value": 4783.833753, "relative_strength": -5.237047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.922613, "energy": 79.019354, "activity_lines": [ 3863.134749, 3966.936483, 4056.0682, 4102.577837 ] }, { "date": "2023-11-17", "close": 3805.980225, "volume": 2118308, "typical_volume": 1847617.9, "trend": 4135.474675, "fair_value": 4768.930218, "relative_strength": -6.925433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.552204, "energy": 80.539791, "activity_lines": [ 3823.832633, 3924.413472, 4027.129948, 4080.654103 ] }, { "date": "2023-11-24", "close": 3985.837402, "volume": 1988935, "typical_volume": 1850835.25, "trend": 4129.947754, "fair_value": 4759.263314, "relative_strength": -2.30011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.319077, "energy": 61.36134, "activity_lines": [ 3870.595524, 3921.779181, 4017.48883, 4071.000085 ] }, { "date": "2023-12-01", "close": 4030.802246, "volume": 2420415, "typical_volume": 1898592.6, "trend": 4123.85516, "fair_value": 4748.886126, "relative_strength": -1.701597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.673823, "energy": 33.270159, "activity_lines": [ 3932.946224, 3931.753165, 4012.171188, 4064.603601 ] }, { "date": "2023-12-08", "close": 4048.787842, "volume": 1514141, "typical_volume": 1879758.95, "trend": 4121.691919, "fair_value": 4737.561702, "relative_strength": -1.559108, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.166966, "energy": 20.264689, "activity_lines": [ 3982.706836, 3945.851114, 4009.135654, 4059.760548 ] }, { "date": "2023-12-15", "close": 4085.758057, "volume": 1780041, "typical_volume": 1873556.25, "trend": 4120.328158, "fair_value": 4726.167028, "relative_strength": -0.954599, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.138329, "energy": 22.731735, "activity_lines": [ 4032.933561, 3967.760973, 4010.256887, 4057.442234 ] }, { "date": "2023-12-22", "close": 4184.679688, "volume": 1319376, "typical_volume": 1869503.9, "trend": 4118.175977, "fair_value": 4716.123352, "relative_strength": -0.184994, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.479996, "energy": 20.093893, "activity_lines": [ 4097.349073, 4009.037305, 4022.210513, 4061.593946 ] }, { "date": "2023-12-29", "close": 4242.633789, "volume": 383385, "typical_volume": 1821292.2, "trend": 4117.456022, "fair_value": 4707.168061, "relative_strength": 0.702303, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.299522, "energy": 33.163443, "activity_lines": [ 4155.835987, 4061.086923, 4040.033852, 4069.623482 ] }, { "date": "2024-01-05", "close": 4208.661133, "volume": 1217256, "typical_volume": 1806309.85, "trend": 4114.970882, "fair_value": 4696.791653, "relative_strength": 0.469477, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.284243, "energy": 38.620382, "activity_lines": [ 4185.878923, 4102.454177, 4054.648429, 4075.507683 ] }, { "date": "2024-01-12", "close": 4350.54834, "volume": 2052302, "typical_volume": 1849789.3, "trend": 4113.518587, "fair_value": 4689.001786, "relative_strength": 4.643647, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.331805, "energy": 58.409914, "activity_lines": [ 4251.360335, 4161.316593, 4082.027309, 4090.706229 ] }, { "date": "2024-01-19", "close": 4290.595703, "volume": 1435279, "typical_volume": 1830157.75, "trend": 4114.364063, "fair_value": 4680.69959, "relative_strength": 5.368172, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.703265, "energy": 59.872416, "activity_lines": [ 4276.740169, 4200.558168, 4102.643096, 4102.130559 ] }, { "date": "2024-01-26", "close": 4454.46582, "volume": 1501606, "typical_volume": 1835531.35, "trend": 4120.805094, "fair_value": 4673.9343, "relative_strength": 6.799527, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.360129, "energy": 81.834271, "activity_lines": [ 4343.087532, 4260.746782, 4138.150067, 4124.072607 ] }, { "date": "2024-02-02", "close": 4461.459961, "volume": 1371225, "typical_volume": 1814995.75, "trend": 4136.371411, "fair_value": 4666.304939, "relative_strength": 7.191932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.781876, "energy": 84.062907, "activity_lines": [ 4393.780534, 4310.416411, 4173.11754, 4146.050341 ] }, { "date": "2024-02-09", "close": 4463.458984, "volume": 1586459, "typical_volume": 1802561.8, "trend": 4146.808944, "fair_value": 4657.549049, "relative_strength": 7.713005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.912419, "energy": 81.397917, "activity_lines": [ 4430.551465, 4351.801815, 4207.17151, 4167.152765 ] }, { "date": "2024-02-16", "close": 4426.487793, "volume": 2208815, "typical_volume": 1803300.45, "trend": 4154.948381, "fair_value": 4649.477882, "relative_strength": 4.843759, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.546561, "energy": 74.920894, "activity_lines": [ 4438.012142, 4378.598699, 4235.867773, 4185.196562 ] }, { "date": "2024-02-23", "close": 4641.317871, "volume": 1841772, "typical_volume": 1826821.75, "trend": 4163.588045, "fair_value": 4644.947292, "relative_strength": 9.826653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.90873, "energy": 81.455633, "activity_lines": [ 4512.020215, 4437.588326, 4283.510963, 4216.575238 ] }, { "date": "2024-03-01", "close": 4584.362793, "volume": 1891629, "typical_volume": 1809019.2, "trend": 4174.458895, "fair_value": 4639.961997, "relative_strength": 8.543118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.185181, "energy": 71.047049, "activity_lines": [ 4543.661784, 4476.121396, 4323.445954, 4243.721996 ] }, { "date": "2024-03-08", "close": 4958.065918, "volume": 2754232, "typical_volume": 1868959.25, "trend": 4198.119523, "fair_value": 4637.781878, "relative_strength": 17.269567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.847678, "energy": 87.098097, "activity_lines": [ 4691.211263, 4575.333523, 4397.130322, 4294.277288 ] }, { "date": "2024-03-15", "close": 4842.158203, "volume": 2397496, "typical_volume": 1874125.2, "trend": 4224.47745, "fair_value": 4634.167476, "relative_strength": 13.188871, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.879626, "energy": 87.493924, "activity_lines": [ 4767.017773, 4640.463663, 4455.189024, 4335.828171 ] }, { "date": "2024-03-22", "close": 4909.10498, "volume": 2839687, "typical_volume": 1844609.65, "trend": 4250.46923, "fair_value": 4629.804479, "relative_strength": 11.461629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.664032, "energy": 87.471395, "activity_lines": [ 4839.893262, 4706.247816, 4514.432489, 4379.997689 ] }, { "date": "2024-03-29", "close": 4981.047852, "volume": 1803648, "typical_volume": 1821300.35, "trend": 4278.492749, "fair_value": 4625.121762, "relative_strength": 12.413473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.879295, "energy": 88.80873, "activity_lines": [ 4904.575228, 4774.956916, 4575.583959, 4427.131793 ] }, { "date": "2024-04-05", "close": 4838.161621, "volume": 2012037, "typical_volume": 1815986.8, "trend": 4299.721867, "fair_value": 4617.38524, "relative_strength": 9.391658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.615191, "energy": 66.933145, "activity_lines": [ 4898.979785, 4805.133026, 4617.522139, 4463.239463 ] }, { "date": "2024-04-12", "close": 4800.191406, "volume": 1808398, "typical_volume": 1806959.95, "trend": 4318.740112, "fair_value": 4609.123684, "relative_strength": 7.079511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.129336, "energy": 59.834105, "activity_lines": [ 4863.807682, 4821.429173, 4650.928959, 4495.52782 ] }, { "date": "2024-04-19", "close": 4902.11084, "volume": 2319118, "typical_volume": 1801895.1, "trend": 4346.218327, "fair_value": 4600.875383, "relative_strength": 10.352314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.626191, "energy": 56.93994, "activity_lines": [ 4873.133691, 4850.097372, 4690.164515, 4533.164641 ] }, { "date": "2024-04-26", "close": 4944.07666, "volume": 2314526, "typical_volume": 1841914.35, "trend": 4374.062858, "fair_value": 4593.28014, "relative_strength": 7.668041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.251034, "energy": 54.17485, "activity_lines": [ 4892.451465, 4878.420233, 4729.247727, 4571.736146 ] }, { "date": "2024-05-03", "close": 4952.070801, "volume": 1342005, "typical_volume": 1820012.55, "trend": 4400.408626, "fair_value": 4585.403303, "relative_strength": 6.651899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.426196, "energy": 52.556496, "activity_lines": [ 4912.102507, 4898.785866, 4764.829006, 4609.026981 ] }, { "date": "2024-05-10", "close": 4996.036133, "volume": 1785683, "typical_volume": 1843327.9, "trend": 4427.02085, "fair_value": 4579.77973, "relative_strength": 4.567991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.253971, "energy": 55.128408, "activity_lines": [ 4948.340462, 4921.495144, 4800.472161, 4647.454563 ] }, { "date": "2024-05-17", "close": 4950.072754, "volume": 1930502, "typical_volume": 1920683.75, "trend": 4458.862264, "fair_value": 4574.091952, "relative_strength": 3.575625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.339566, "energy": 51.228506, "activity_lines": [ 4958.732324, 4928.362473, 4827.874249, 4681.199847 ] }, { "date": "2024-05-24", "close": 5021.016602, "volume": 2038620, "typical_volume": 1961751.95, "trend": 4501.162052, "fair_value": 4571.530068, "relative_strength": 6.189806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.380097, "energy": 52.428857, "activity_lines": [ 4982.780046, 4948.274015, 4858.664137, 4717.467869 ] }, { "date": "2024-05-31", "close": 4772.944336, "volume": 3547157, "typical_volume": 2036494.7, "trend": 4531.229248, "fair_value": 4568.069353, "relative_strength": 1.402422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.878849, "energy": 33.435391, "activity_lines": [ 4916.209961, 4919.829537, 4861.959735, 4735.002209 ] }, { "date": "2024-06-07", "close": 4836.90332, "volume": 3795356, "typical_volume": 2154498.55, "trend": 4565.659969, "fair_value": 4564.365671, "relative_strength": 3.06462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.305879, "energy": 25.447127, "activity_lines": [ 4882.368359, 4905.489613, 4869.335256, 4754.723117 ] }, { "date": "2024-06-14", "close": 4740.964844, "volume": 2210899, "typical_volume": 2189963.2, "trend": 4596.826123, "fair_value": 4559.291606, "relative_strength": 2.21761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.035746, "energy": 17.942072, "activity_lines": [ 4824.225098, 4876.32714, 4864.972314, 4766.033109 ] }, { "date": "2024-06-21", "close": 4774.943359, "volume": 1895867, "typical_volume": 2216195.3, "trend": 4623.129655, "fair_value": 4554.268907, "relative_strength": 1.787775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.391166, "energy": 17.911911, "activity_lines": [ 4794.41276, 4855.109792, 4862.481141, 4777.524544 ] }, { "date": "2024-06-28", "close": 4790.933105, "volume": 1876523, "typical_volume": 2230698.5, "trend": 4648.46735, "fair_value": 4549.259085, "relative_strength": 2.976158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.848377, "energy": 14.959068, "activity_lines": [ 4781.605631, 4837.258727, 4860.020022, 4788.350573 ] }, { "date": "2024-07-05", "close": 4740.964844, "volume": 2004607, "typical_volume": 2220488.1, "trend": 4671.539917, "fair_value": 4543.788125, "relative_strength": 1.313912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.337037, "energy": 13.111354, "activity_lines": [ 4767.481315, 4812.343936, 4851.24062, 4794.318153 ] }, { "date": "2024-07-12", "close": 4856.891113, "volume": 1543716, "typical_volume": 2205585.3, "trend": 4697.244352, "fair_value": 4539.341952, "relative_strength": 3.069846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.050153, "energy": 9.879188, "activity_lines": [ 4794.131055, 4812.199592, 4852.004306, 4806.276295 ] }, { "date": "2024-07-19", "close": 4635.033203, "volume": 1180714, "typical_volume": 2170039.55, "trend": 4712.256136, "fair_value": 4533.255958, "relative_strength": -0.541668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.453961, "energy": 12.234183, "activity_lines": [ 4745.495638, 4773.447985, 4830.612128, 4802.262672 ] }, { "date": "2024-07-26", "close": 5011.791504, "volume": 2186368, "typical_volume": 2141646.35, "trend": 4737.894727, "fair_value": 4532.376178, "relative_strength": 5.72972, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.544077, "energy": 17.839171, "activity_lines": [ 4829.508431, 4809.761577, 4844.860405, 4821.587535 ] }, { "date": "2024-08-02", "close": 4880.875488, "volume": 2073739, "typical_volume": 2125458.5, "trend": 4760.301872, "fair_value": 4529.786579, "relative_strength": 4.246405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.421377, "energy": 17.516978, "activity_lines": [ 4854.092676, 4821.150098, 4846.384654, 4830.8121 ] }, { "date": "2024-08-09", "close": 4649.023926, "volume": 1626329, "typical_volume": 2064790.6, "trend": 4770.251058, "fair_value": 4526.197264, "relative_strength": -0.640482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.25987, "energy": 5.725511, "activity_lines": [ 4795.396908, 4792.931809, 4825.643434, 4823.632878 ] }, { "date": "2024-08-16", "close": 4736.967285, "volume": 1275782, "typical_volume": 2038397.3, "trend": 4785.130111, "fair_value": 4522.954037, "relative_strength": -0.546761, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.141505, "energy": 8.453702, "activity_lines": [ 4772.144987, 4782.956321, 4814.516253, 4821.485537 ] }, { "date": "2024-08-23", "close": 4764.949707, "volume": 843229, "typical_volume": 1979956.9, "trend": 4795.479574, "fair_value": 4520.018218, "relative_strength": -0.188039, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.295785, "energy": 15.982167, "activity_lines": [ 4766.215462, 4779.885565, 4807.216353, 4820.183576 ] }, { "date": "2024-08-30", "close": 4946.833496, "volume": 1217195, "typical_volume": 1950396.75, "trend": 4811.658691, "fair_value": 4517.492931, "relative_strength": 2.89437, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.121158, "energy": 7.396689, "activity_lines": [ 4812.252767, 4809.4485, 4817.587346, 4829.948345 ] }, { "date": "2024-09-06", "close": 4938.838867, "volume": 1191813, "typical_volume": 1894031.5, "trend": 4827.504687, "fair_value": 4514.32745, "relative_strength": 5.030485, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.560534, "energy": 14.440314, "activity_lines": [ 4859.955729, 4834.43259, 4826.498651, 4838.153518 ] }, { "date": "2024-09-13", "close": 5042.318848, "volume": 1185068, "typical_volume": 1837558.6, "trend": 4848.032389, "fair_value": 4512.501698, "relative_strength": 5.827886, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.288615, "energy": 36.155842, "activity_lines": [ 4938.287793, 4875.542028, 4845.090297, 4852.012496 ] }, { "date": "2024-09-20", "close": 4997.342285, "volume": 1483063, "typical_volume": 1844611.5, "trend": 4859.89987, "fair_value": 4511.796075, "relative_strength": 5.164475, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.722521, "energy": 41.415302, "activity_lines": [ 4975.408008, 4902.994744, 4858.930641, 4861.645392 ] }, { "date": "2024-09-27", "close": 5237.214355, "volume": 1893893, "typical_volume": 1850022.0, "trend": 4881.661589, "fair_value": 4514.20939, "relative_strength": 8.68619, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.392193, "energy": 71.116904, "activity_lines": [ 5075.127246, 4971.506907, 4895.400365, 4885.988262 ] }, { "date": "2024-10-04", "close": 5077.299805, "volume": 1941818, "typical_volume": 1850587.8, "trend": 4885.636051, "fair_value": 4515.072643, "relative_strength": 5.676012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.571587, "energy": 64.879734, "activity_lines": [ 5090.057324, 4999.994948, 4915.491664, 4898.610083 ] }, { "date": "2024-10-11", "close": 5032.32373, "volume": 1487704, "typical_volume": 1823042.0, "trend": 4891.974902, "fair_value": 4515.410721, "relative_strength": 4.881898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.467449, "energy": 54.813746, "activity_lines": [ 5081.297624, 5019.114462, 4930.693685, 4908.073804 ] }, { "date": "2024-10-18", "close": 5112.28125, "volume": 1547548, "typical_volume": 1723061.55, "trend": 4898.747445, "fair_value": 4516.216532, "relative_strength": 4.965106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.213542, "energy": 53.22492, "activity_lines": [ 5092.958105, 5050.018102, 4953.456864, 4922.287117 ] }, { "date": "2024-10-25", "close": 4781.45752, "volume": 3108934, "typical_volume": 1688740.45, "trend": 4892.094434, "fair_value": 4515.52907, "relative_strength": -0.737292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.680005, "energy": 13.011383, "activity_lines": [ 4989.67985, 5012.349112, 4943.097131, 4914.720025 ] }, { "date": "2024-11-01", "close": 4719.490234, "volume": 2364497, "typical_volume": 1696420.35, "trend": 4888.138721, "fair_value": 4513.247213, "relative_strength": -1.345516, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -11.638008, "energy": 16.122207, "activity_lines": [ 4880.138151, 4962.60443, 4927.099779, 4903.58427 ] }, { "date": "2024-11-08", "close": 4607.549805, "volume": 1970212, "typical_volume": 1700137.6, "trend": 4881.717334, "fair_value": 4509.991704, "relative_strength": -2.607868, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -33.711078, "energy": 34.187986, "activity_lines": [ 4767.797917, 4893.333478, 4900.543694, 4885.481759 ] }, { "date": "2024-11-15", "close": 4417.650879, "volume": 2422380, "typical_volume": 1727430.45, "trend": 4865.568669, "fair_value": 4504.725043, "relative_strength": -6.644564, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.314853, "energy": 69.258505, "activity_lines": [ 4623.474707, 4795.704244, 4856.699109, 4855.541988 ] }, { "date": "2024-11-22", "close": 4495.609375, "volume": 1589789, "typical_volume": 1706689.55, "trend": 4850.619759, "fair_value": 4498.639306, "relative_strength": -7.315557, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.813685, "energy": 78.433835, "activity_lines": [ 4546.115853, 4721.725426, 4822.056678, 4831.673646 ] }, { "date": "2024-11-29", "close": 4713.493164, "volume": 3212364, "typical_volume": 1790121.95, "trend": 4842.667171, "fair_value": 4493.899043, "relative_strength": -3.224959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.672128, "energy": 71.474559, "activity_lines": [ 4582.496387, 4697.302015, 4809.333443, 4822.826769 ] }, { "date": "2024-12-06", "close": 4823.435059, "volume": 3353375, "typical_volume": 1898755.0, "trend": 4836.913802, "fair_value": 4488.25023, "relative_strength": -1.365482, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.206067, "energy": 43.749958, "activity_lines": [ 4660.055176, 4698.028933, 4807.763711, 4821.585988 ] }, { "date": "2024-12-13", "close": 4783.456543, "volume": 2009506, "typical_volume": 1889911.9, "trend": 4831.359928, "fair_value": 4483.407879, "relative_strength": -2.2035, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.978318, "energy": 21.953548, "activity_lines": [ 4717.358138, 4699.01029, 4801.489351, 4818.137132 ] }, { "date": "2024-12-20", "close": 4657.522949, "volume": 1838931, "typical_volume": 1878171.5, "trend": 4819.243473, "fair_value": 4477.271708, "relative_strength": -2.341071, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.32256, "energy": 21.004389, "activity_lines": [ 4720.95612, 4682.437234, 4784.308624, 4806.921843 ] }, { "date": "2024-12-27", "close": 4677.512207, "volume": 350428, "typical_volume": 1814376.45, "trend": 4816.062402, "fair_value": 4471.212457, "relative_strength": -2.786806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.629809, "energy": 19.187659, "activity_lines": [ 4715.225716, 4676.313148, 4770.09522, 4797.777891 ] }, { "date": "2025-01-03", "close": 4631.536621, "volume": 698979, "typical_volume": 1785536.3, "trend": 4809.216846, "fair_value": 4464.948112, "relative_strength": -4.660032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.463779, "energy": 23.859253, "activity_lines": [ 4682.043262, 4669.734757, 4751.367529, 4785.873002 ] }, { "date": "2025-01-10", "close": 4783.456543, "volume": 3113693, "typical_volume": 1899059.5, "trend": 4810.633236, "fair_value": 4461.258124, "relative_strength": -1.855105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.96508, "energy": 20.60109, "activity_lines": [ 4704.964551, 4693.504004, 4747.610454, 4784.211047 ] }, { "date": "2025-01-17", "close": 4935.375, "volume": 2552547, "typical_volume": 1965827.1, "trend": 4815.980957, "fair_value": 4458.477948, "relative_strength": -1.811212, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.912252, "energy": 9.495327, "activity_lines": [ 4781.19056, 4743.731765, 4758.233675, 4792.258902 ] }, { "date": "2025-01-24", "close": 5042.318848, "volume": 1831531, "typical_volume": 1997813.0, "trend": 4824.360482, "fair_value": 4456.780234, "relative_strength": 0.318032, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.858147, "energy": 26.085796, "activity_lines": [ 4882.936621, 4807.443404, 4779.096589, 4806.861347 ] }, { "date": "2025-01-31", "close": 5107.283691, "volume": 3113160, "typical_volume": 2094217.6, "trend": 4836.57111, "fair_value": 4455.985513, "relative_strength": -0.409265, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.31069, "energy": 51.330277, "activity_lines": [ 4980.68457, 4871.609233, 4805.653869, 4825.114457 ] }, { "date": "2025-02-07", "close": 5037.321289, "volume": 2793089, "typical_volume": 2159718.9, "trend": 4842.585449, "fair_value": 4454.972789, "relative_strength": -2.039385, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.800856, "energy": 57.016482, "activity_lines": [ 5026.460286, 4911.933274, 4825.238707, 4838.066082 ] }, { "date": "2025-02-14", "close": 5312.175293, "volume": 3545246, "typical_volume": 2242286.55, "trend": 4865.156852, "fair_value": 4455.990828, "relative_strength": 2.812299, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.179639, "energy": 83.103884, "activity_lines": [ 5136.801693, 4996.342986, 4870.80974, 4868.362201 ] }, { "date": "2025-02-21", "close": 5252.207031, "volume": 1155904, "typical_volume": 2202990.85, "trend": 4873.170703, "fair_value": 4456.240336, "relative_strength": 2.495596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.500474, "energy": 80.745468, "activity_lines": [ 5191.905762, 5060.963192, 4910.312553, 4893.33318 ] }, { "date": "2025-02-28", "close": 5132.270508, "volume": 1866072, "typical_volume": 2221909.25, "trend": 4881.550537, "fair_value": 4457.641625, "relative_strength": -1.50834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.850572, "energy": 72.531548, "activity_lines": [ 5185.908854, 5095.254022, 4937.559949, 4910.049296 ] }, { "date": "2025-03-07", "close": 5212.228027, "volume": 3148529, "typical_volume": 2301958.3, "trend": 4900.324007, "fair_value": 4459.965193, "relative_strength": 1.676598, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.312071, "energy": 61.682297, "activity_lines": [ 5200.567676, 5135.450808, 4971.94641, 4931.383328 ] }, { "date": "2025-03-14", "close": 4883.40332, "volume": 2129456, "typical_volume": 2252984.4, "trend": 4905.205208, "fair_value": 4458.157873, "relative_strength": -4.022239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.405085, "energy": 28.233664, "activity_lines": [ 5098.621972, 5106.139178, 4974.540295, 4930.291671 ] }, { "date": "2025-03-21", "close": 4891.399414, "volume": 2073941, "typical_volume": 2238456.6, "trend": 4909.420199, "fair_value": 4456.91397, "relative_strength": -3.85912, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.743221, "energy": 18.324946, "activity_lines": [ 5009.602832, 5073.701989, 4977.410256, 4929.400974 ] }, { "date": "2025-03-28", "close": 5017.331543, "volume": 2397379, "typical_volume": 2259814.95, "trend": 4911.770133, "fair_value": 4455.696281, "relative_strength": -1.370543, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.41625, "energy": 19.952905, "activity_lines": [ 4990.612793, 5062.198952, 4991.455139, 4936.362997 ] }, { "date": "2025-04-04", "close": 4537.586914, "volume": 3269046, "typical_volume": 2302148.25, "trend": 4898.395068, "fair_value": 4451.78743, "relative_strength": -3.962196, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.964753, "energy": 27.993833, "activity_lines": [ 4827.366243, 4961.979501, 4957.858715, 4912.222144 ] }, { "date": "2025-04-11", "close": 4365.678223, "volume": 7098435, "typical_volume": 2577580.55, "trend": 4875.840381, "fair_value": 4447.237547, "relative_strength": -6.387008, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.985782, "energy": 46.913719, "activity_lines": [ 4646.46237, 4839.680868, 4907.31891, 4877.853315 ] }, { "date": "2025-04-18", "close": 4549.580566, "volume": 3243934, "typical_volume": 2579159.05, "trend": 4860.91499, "fair_value": 4443.559224, "relative_strength": -5.895947, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.692922, "energy": 55.493929, "activity_lines": [ 4583.295931, 4764.302761, 4874.912335, 4856.804295 ] }, { "date": "2025-04-25", "close": 4591.558105, "volume": 4789996, "typical_volume": 2650990.1, "trend": 4839.393115, "fair_value": 4440.931035, "relative_strength": -6.412842, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.909966, "energy": 55.264486, "activity_lines": [ 4556.376855, 4705.424947, 4847.284156, 4839.426431 ] }, { "date": "2025-05-02", "close": 4637.53418, "volume": 1816558, "typical_volume": 2641342.7, "trend": 4824.734261, "fair_value": 4439.141738, "relative_strength": -7.273028, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.101937, "energy": 52.351979, "activity_lines": [ 4564.772559, 4668.008549, 4825.138828, 4826.403274 ] }, { "date": "2025-05-09", "close": 4735.481934, "volume": 1720174, "typical_volume": 2635404.85, "trend": 4814.839534, "fair_value": 4437.807456, "relative_strength": -4.731838, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.005394, "energy": 25.046462, "activity_lines": [ 4631.137337, 4659.576705, 4813.016725, 4820.645059 ] }, { "date": "2025-05-16", "close": 4955.364746, "volume": 1752757, "typical_volume": 2705521.3, "trend": 4809.608984, "fair_value": 4438.20918, "relative_strength": -1.742038, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.927279, "energy": 6.665127, "activity_lines": [ 4757.603385, 4698.337891, 4821.464609, 4829.711202 ] }, { "date": "2025-05-23", "close": 4755.471191, "volume": 3108547, "typical_volume": 2825999.7, "trend": 4808.742773, "fair_value": 4438.75901, "relative_strength": -5.885565, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.586551, "energy": 9.475581, "activity_lines": [ 4778.125814, 4705.425035, 4809.551904, 4826.218441 ] }, { "date": "2025-05-30", "close": 4784.477051, "volume": 2404671, "typical_volume": 2790548.6, "trend": 4810.909001, "fair_value": 4440.243917, "relative_strength": -5.800687, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.077777, "energy": 10.764931, "activity_lines": [ 4794.59082, 4720.112012, 4799.811498, 4824.652911 ] }, { "date": "2025-06-06", "close": 4740.491211, "volume": 3532092, "typical_volume": 2839525.85, "trend": 4815.340381, "fair_value": 4442.605808, "relative_strength": -7.203583, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.758504, "energy": 9.53292, "activity_lines": [ 4783.532617, 4728.745605, 4785.877104, 4820.109828 ] }, { "date": "2025-06-13", "close": 4760.484863, "volume": 2820660, "typical_volume": 2888982.3, "trend": 4826.76818, "fair_value": 4445.864219, "relative_strength": -6.809295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.652806, "energy": 13.013937, "activity_lines": [ 4772.275163, 4746.047869, 4774.774886, 4816.570762 ] }, { "date": "2025-06-20", "close": 4644.521484, "volume": 2884452, "typical_volume": 2877546.9, "trend": 4831.731917, "fair_value": 4447.943874, "relative_strength": -8.138869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.900565, "energy": 24.341277, "activity_lines": [ 4720.696387, 4738.213192, 4753.970603, 4804.812911 ] }, { "date": "2025-06-27", "close": 4792.474609, "volume": 2073629, "typical_volume": 2841573.9, "trend": 4834.364632, "fair_value": 4451.381737, "relative_strength": -5.340095, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.285976, "energy": 16.995914, "activity_lines": [ 4739.158203, 4752.209206, 4749.460723, 4802.280181 ] }, { "date": "2025-07-04", "close": 4832.461914, "volume": 1609693, "typical_volume": 2744796.25, "trend": 4834.665527, "fair_value": 4455.11435, "relative_strength": -4.713824, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.468965, "energy": 12.025415, "activity_lines": [ 4768.482226, 4769.059384, 4749.925095, 4802.157425 ] }, { "date": "2025-07-11", "close": 4880.446777, "volume": 1197906, "typical_volume": 2746896.35, "trend": 4837.898535, "fair_value": 4458.443821, "relative_strength": -4.904098, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.945591, "energy": 6.498882, "activity_lines": [ 4810.602213, 4790.254013, 4757.243803, 4805.111054 ] }, { "date": "2025-07-18", "close": 4886.444824, "volume": 1116750, "typical_volume": 2709430.25, "trend": 4845.529264, "fair_value": 4460.844897, "relative_strength": -5.248184, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.952068, "energy": 17.26067, "activity_lines": [ 4845.391178, 4808.122603, 4766.904041, 4808.243073 ] }, { "date": "2025-07-25", "close": 4910.437012, "volume": 1838667, "typical_volume": 2643937.15, "trend": 4853.293424, "fair_value": 4464.302586, "relative_strength": -5.911692, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.917459, "energy": 33.329907, "activity_lines": [ 4879.780208, 4827.608629, 4780.019847, 4812.430669 ] }, { "date": "2025-08-01", "close": 4608.533203, "volume": 2108101, "typical_volume": 2642869.4, "trend": 4852.526644, "fair_value": 4467.015952, "relative_strength": -10.926945, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.658737, "energy": 13.756385, "activity_lines": [ 4795.806934, 4793.019922, 4765.82001, 4796.639687 ] }, { "date": "2025-08-08", "close": 4698.504395, "volume": 2009707, "typical_volume": 2639657.7, "trend": 4849.694906, "fair_value": 4470.049935, "relative_strength": -9.297739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.065771, "energy": 16.073331, "activity_lines": [ 4754.086817, 4777.461213, 4761.497763, 4786.702768 ] }, { "date": "2025-08-15", "close": 4646.520508, "volume": 1410883, "typical_volume": 2590332.9, "trend": 4840.066422, "fair_value": 4472.456144, "relative_strength": -10.539486, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.712024, "energy": 26.978499, "activity_lines": [ 4703.969238, 4754.014027, 4753.143218, 4773.594742 ] }, { "date": "2025-08-22", "close": 4758.485352, "volume": 1312511, "typical_volume": 2492506.15, "trend": 4830.605306, "fair_value": 4477.212844, "relative_strength": -9.989649, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.405312, "energy": 31.363363, "activity_lines": [ 4706.76836, 4752.632644, 4757.217757, 4768.331447 ] }, { "date": "2025-08-29", "close": 4688.507813, "volume": 1017051, "typical_volume": 2188436.95, "trend": 4816.64611, "fair_value": 4481.943568, "relative_strength": -9.773377, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.855416, "energy": 37.14829, "activity_lines": [ 4694.772266, 4738.564427, 4753.575872, 4759.163867 ] }, { "date": "2025-09-05", "close": 4694.505371, "volume": 1982018, "typical_volume": 2125341.15, "trend": 4805.218913, "fair_value": 4486.424603, "relative_strength": -9.574497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.207712, "energy": 32.033966, "activity_lines": [ 4699.570638, 4724.786923, 4748.967899, 4751.28382 ] }, { "date": "2025-09-12", "close": 4669.087891, "volume": 1543906, "typical_volume": 1963036.65, "trend": 4783.782666, "fair_value": 4491.40006, "relative_strength": -10.466319, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.572149, "energy": 24.780349, "activity_lines": [ 4690.165039, 4708.169318, 4741.249096, 4742.501173 ] }, { "date": "2025-09-19", "close": 4635.094727, "volume": 3781812, "typical_volume": 2061299.35, "trend": 4763.212256, "fair_value": 4497.028494, "relative_strength": -10.155084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.634069, "energy": 29.124716, "activity_lines": [ 4671.389486, 4688.341575, 4729.923659, 4732.908403 ] }, { "date": "2025-09-26", "close": 4589.103516, "volume": 2275622, "typical_volume": 2089071.75, "trend": 4745.106689, "fair_value": 4502.707905, "relative_strength": -11.287067, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.106205, "energy": 39.199866, "activity_lines": [ 4638.045248, 4664.61274, 4714.229723, 4721.675581 ] }, { "date": "2025-10-03", "close": 4947.033691, "volume": 2443063, "typical_volume": 2123587.05, "trend": 4736.266878, "fair_value": 4510.534458, "relative_strength": -6.150668, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.851478, "energy": 5.678067, "activity_lines": [ 4735.30319, 4711.368324, 4733.321415, 4734.703129 ] }, { "date": "2025-10-10", "close": 4885.045898, "volume": 2199199, "typical_volume": 2078119.65, "trend": 4736.321631, "fair_value": 4518.533569, "relative_strength": -6.402807, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.94247, "energy": 22.757923, "activity_lines": [ 4794.663476, 4746.188006, 4746.549179, 4744.301776 ] }, { "date": "2025-10-17", "close": 4823.058105, "volume": 2066500, "typical_volume": 2061211.1, "trend": 4734.043587, "fair_value": 4525.751111, "relative_strength": -6.558548, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.212162, "energy": 31.457649, "activity_lines": [ 4820.658463, 4764.709677, 4753.256322, 4749.897677 ] }, { "date": "2025-10-24", "close": 5079.007813, "volume": 1395557, "typical_volume": 1954384.35, "trend": 4736.099463, "fair_value": 4534.244352, "relative_strength": -4.391541, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.224466, "energy": 62.523589, "activity_lines": [ 4921.705338, 4827.503045, 4784.155908, 4772.153434 ] }, { "date": "2025-10-31", "close": 5064.010742, "volume": 2256739, "typical_volume": 1926188.3, "trend": 4753.646924, "fair_value": 4542.545404, "relative_strength": -5.191776, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.03485, "energy": 75.909665, "activity_lines": [ 4988.158984, 4879.706268, 4812.015218, 4793.309 ] }, { "date": "2025-11-07", "close": 4953.032715, "volume": 1578659, "typical_volume": 1860898.65, "trend": 4773.225407, "fair_value": 4548.444525, "relative_strength": -6.743903, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.279804, "energy": 68.822676, "activity_lines": [ 4985.959473, 4906.17666, 4827.859831, 4806.1726 ] }, { "date": "2025-11-14", "close": 4927.037598, "volume": 1091313, "typical_volume": 1811782.85, "trend": 4785.807308, "fair_value": 4554.900611, "relative_strength": -7.254986, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.828808, "energy": 63.194426, "activity_lines": [ 4974.694987, 4923.111124, 4839.759617, 4816.095967 ] }, { "date": "2025-11-21", "close": 4833.056152, "volume": 1653168, "typical_volume": 1813956.6, "trend": 4793.857243, "fair_value": 4560.094686, "relative_strength": -7.388687, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.694451, "energy": 32.807985, "activity_lines": [ 4929.303906, 4918.730194, 4842.068013, 4819.144279 ] }, { "date": "2025-11-28", "close": 4625.09668, "volume": 2800316, "typical_volume": 1894077.1, "trend": 4793.44266, "fair_value": 4563.296127, "relative_strength": -12.736911, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 8.278118, "energy": 12.031605, "activity_lines": [ 4813.926465, 4873.557209, 4824.567915, 4808.256501 ] }, { "date": "2025-12-05", "close": 4589.103516, "volume": 1630711, "typical_volume": 1919775.15, "trend": 4788.563379, "fair_value": 4566.587017, "relative_strength": -12.610681, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -17.032173, "energy": 24.872257, "activity_lines": [ 4716.812044, 4822.021795, 4804.85585, 4795.07333 ] }, { "date": "2025-12-12", "close": 4423.13623, "volume": 2812709, "typical_volume": 1968477.25, "trend": 4770.822428, "fair_value": 4569.691298, "relative_strength": -15.260359, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -50.084828, "energy": 45.711502, "activity_lines": [ 4596.035677, 4740.310511, 4770.753288, 4771.497385 ] }, { "date": "2025-12-19", "close": 4671.087891, "volume": 3581251, "typical_volume": 2042134.75, "trend": 4768.009652, "fair_value": 4574.03282, "relative_strength": -12.4318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.123954, "energy": 56.981324, "activity_lines": [ 4593.236296, 4713.206756, 4762.585649, 4765.062899 ] }, { "date": "2025-12-26", "close": 4657.090332, "volume": 624672, "typical_volume": 1972883.0, "trend": 4763.763428, "fair_value": 4578.054088, "relative_strength": -12.137856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.962984, "energy": 59.1783, "activity_lines": [ 4602.834375, 4687.448136, 4752.78703, 4757.906814 ] }, { "date": "2026-01-02", "close": 4553.11084, "volume": 772041, "typical_volume": 1940940.9, "trend": 4757.517415, "fair_value": 4580.128113, "relative_strength": -14.470064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.634992, "energy": 57.152506, "activity_lines": [ 4589.503678, 4645.801749, 4733.282813, 4744.316324 ] }, { "date": "2026-01-09", "close": 4617.098145, "volume": 2277899, "typical_volume": 1989210.3, "trend": 4752.737858, "fair_value": 4582.317744, "relative_strength": -14.372993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.285431, "energy": 33.149337, "activity_lines": [ 4602.30114, 4625.351181, 4720.317432, 4735.257017 ] }, { "date": "2026-01-16", "close": 4581.105469, "volume": 2077897, "typical_volume": 2042252.6, "trend": 4750.623991, "fair_value": 4584.219024, "relative_strength": -15.554753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.037893, "energy": 33.910472, "activity_lines": [ 4601.234733, 4606.482173, 4704.597449, 4724.183959 ] }, { "date": "2026-01-23", "close": 4533.114746, "volume": 1442830, "typical_volume": 2015293.2, "trend": 4741.978662, "fair_value": 4585.710216, "relative_strength": -15.232844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.925647, "energy": 39.225885, "activity_lines": [ 4573.640137, 4585.649894, 4684.818362, 4710.151105 ] }, { "date": "2026-01-30", "close": 4463.128418, "volume": 2022257, "typical_volume": 2039210.75, "trend": 4729.667546, "fair_value": 4585.324787, "relative_strength": -16.733022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.801355, "energy": 45.930637, "activity_lines": [ 4531.914974, 4559.25506, 4659.142436, 4692.160766 ] }, { "date": "2026-02-06", "close": 4477.125488, "volume": 2590816, "typical_volume": 1979660.95, "trend": 4716.223503, "fair_value": 4586.034438, "relative_strength": -17.203207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.433319, "energy": 55.903524, "activity_lines": [ 4507.786296, 4542.131108, 4635.780325, 4675.86773 ] }, { "date": "2026-02-13", "close": 4449.130859, "volume": 2148253, "typical_volume": 1973292.5, "trend": 4701.646371, "fair_value": 4585.802614, "relative_strength": -17.771049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.290493, "energy": 61.546338, "activity_lines": [ 4479.391764, 4522.607608, 4610.504292, 4658.635947 ] }, { "date": "2026-02-20", "close": 4545.112305, "volume": 2107134, "typical_volume": 1956496.05, "trend": 4689.46888, "fair_value": 4586.90966, "relative_strength": -17.331251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.743354, "energy": 47.353317, "activity_lines": [ 4494.188867, 4523.080238, 4595.035886, 4648.536975 ] }, { "date": "2026-02-27", "close": 4721.078125, "volume": 2264511, "typical_volume": 1959761.65, "trend": 4693.220378, "fair_value": 4590.412593, "relative_strength": -15.417436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.854918, "energy": 18.86078, "activity_lines": [ 4570.040788, 4553.328906, 4598.240041, 4650.576281 ] }, { "date": "2026-03-06", "close": 4033.212402, "volume": 5436845, "typical_volume": 2128278.9, "trend": 4671.043978, "fair_value": 4589.819904, "relative_strength": -22.739376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.899928, "energy": 48.723692, "activity_lines": [ 4404.073242, 4457.602166, 4536.713974, 4607.995121 ] }, { "date": "2026-03-13", "close": 3733.270996, "volume": 3897752, "typical_volume": 2253388.65, "trend": 4640.602328, "fair_value": 4588.290656, "relative_strength": -27.768096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.702254, "energy": 83.623022, "activity_lines": [ 4166.786295, 4318.68386, 4450.383229, 4547.493639 ] }, { "date": "2026-03-20", "close": 3591.298584, "volume": 4587683, "typical_volume": 2369935.85, "trend": 4601.696102, "fair_value": 4586.190718, "relative_strength": -27.54954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.544711, "energy": 95.389533, "activity_lines": [ 3931.765511, 4168.858567, 4356.939572, 4479.796623 ] }, { "date": "2026-03-27", "close": 3619.293213, "volume": 3334471, "typical_volume": 2457726.45, "trend": 4566.055615, "fair_value": 4583.437771, "relative_strength": -26.734591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.61711, "energy": 92.50713, "activity_lines": [ 3763.265088, 4042.774108, 4273.174985, 4416.415791 ] }, { "date": "2026-04-03", "close": 3735.270508, "volume": 2410053, "typical_volume": 2523663.45, "trend": 4534.08112, "fair_value": 4581.876516, "relative_strength": -27.203914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.60945, "energy": 87.486083, "activity_lines": [ 3695.145036, 3955.263925, 4206.806995, 4362.816752 ] }, { "date": "2026-04-10", "close": 3809.256104, "volume": 3013121, "typical_volume": 2591661.1, "trend": 4505.42006, "fair_value": 4580.219615, "relative_strength": -26.368164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.411484, "energy": 85.647815, "activity_lines": [ 3717.407357, 3895.711927, 4153.160334, 4316.053848 ] }, { "date": "2026-04-17", "close": 4968.029785, "volume": 6770929, "typical_volume": 2790191.75, "trend": 4516.517896, "fair_value": 4585.683376, "relative_strength": -4.256373, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -12.854091, "energy": 16.392921, "activity_lines": [ 4140.857992, 4058.734641, 4214.74831, 4345.899637 ] }, { "date": "2026-04-24", "close": 4809.060547, "volume": 5633647, "typical_volume": 2990338.55, "trend": 4523.849797, "fair_value": 4589.897578, "relative_strength": -4.432988, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 1.173758, "energy": 21.233148, "activity_lines": [ 4429.001628, 4183.928325, 4259.563343, 4364.773356 ] }, { "date": "2026-05-01", "close": 4803.062012, "volume": 6122221, "typical_volume": 3155814.15, "trend": 4519.050741, "fair_value": 4593.676309, "relative_strength": -4.123068, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.502915, "energy": 36.129234, "activity_lines": [ 4633.961621, 4301.487189, 4302.759673, 4382.787047 ] }, { "date": "2026-05-08", "close": 4909.041016, "volume": 5292973, "typical_volume": 3241400.25, "trend": 4519.850578, "fair_value": 4598.774744, "relative_strength": -0.462651, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.131056, "energy": 43.711026, "activity_lines": [ 4795.33003, 4433.624969, 4354.240071, 4407.94771 ] }, { "date": "2026-05-15", "close": 5613.903809, "volume": 10801349, "typical_volume": 3750234.1, "trend": 4546.212101, "fair_value": 4608.308289, "relative_strength": 14.341356, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.842862, "energy": 69.463359, "activity_lines": [ 5113.401335, 4690.502113, 4471.717148, 4478.53179 ] }, { "date": "2026-05-22", "close": 5478.930176, "volume": 5453634, "typical_volume": 3984313.75, "trend": 4559.542847, "fair_value": 4616.190885, "relative_strength": 8.799492, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.477086, "energy": 73.892172, "activity_lines": [ 5266.171582, 4894.098753, 4571.783339, 4538.707149 ] }, { "date": "2026-05-29", "close": 5320.0, "volume": 6780121, "typical_volume": 4209424.85, "trend": 4568.075822, "fair_value": 4622.958626, "relative_strength": 6.367885, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.271688, "energy": 78.817301, "activity_lines": [ 5331.905078, 5037.059739, 4652.30466, 4587.768901 ] }, { "date": "2026-06-05", "close": 5455.0, "volume": 806340, "typical_volume": 4145847.0, "trend": 4584.808065, "fair_value": 4630.470066, "relative_strength": 9.545411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.075069, "energy": 83.963717, "activity_lines": [ 5408.575944, 5173.135245, 4742.335971, 4644.989816 ] }, { "date": "2026-06-12", "close": 5660.0, "volume": 4393001, "typical_volume": 4293355.55, "trend": 4609.240145, "fair_value": 4638.5847, "relative_strength": 12.525783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.748121, "energy": 83.667424, "activity_lines": [ 5510.117611, 5313.106991, 4847.72969, 4714.357038 ] }, { "date": "2026-06-19", "close": 5805.0, "volume": 3322440, "typical_volume": 4358364.7, "trend": 4641.638273, "fair_value": 4648.455011, "relative_strength": 16.471871, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.207696, "energy": 83.366233, "activity_lines": [ 5609.928678, 5444.447292, 4961.566812, 4791.502835 ] }, { "date": "2026-06-26", "close": 5810.0, "volume": 704725, "typical_volume": 4264060.15, "trend": 4681.135051, "fair_value": 4658.382992, "relative_strength": 14.929048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.94831, "energy": 84.255806, "activity_lines": [ 5698.666667, 5540.410432, 5069.49026, 4866.881011 ] }, { "date": "2026-07-03", "close": 5820.0, "volume": 338351, "typical_volume": 4173565.05, "trend": 4722.164933, "fair_value": 4670.085105, "relative_strength": 13.295697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.331217, "energy": 79.400126, "activity_lines": [ 5768.666667, 5622.883203, 5172.019067, 4940.356169 ] }, { "date": "2026-07-10", "close": 5810.0, "volume": 10037823, "typical_volume": 4570099.5, "trend": 4768.393726, "fair_value": 4680.723996, "relative_strength": 15.02363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.481177, "energy": 76.069103, "activity_lines": [ 5802.0, 5685.157076, 5267.067546, 5010.539076 ] }, { "date": "2026-07-17", "close": 5820.0, "volume": 5189583, "typical_volume": 4716353.1, "trend": 4806.690796, "fair_value": 4691.222043, "relative_strength": 14.075324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.220964, "energy": 85.868964, "activity_lines": [ 5815.0, 5730.941167, 5357.04513, 5078.384642 ] }, { "date": "2026-07-24", "close": 5820.0, "volume": 6332217, "typical_volume": 4761121.7, "trend": 4845.454452, "fair_value": 4700.439171, "relative_strength": 12.615834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.788811, "energy": 85.001978, "activity_lines": [ 5817.333333, 5760.162367, 5441.789753, 5143.75943 ] }, { "date": "2026-07-31", "close": 5840.0, "volume": 5536280, "typical_volume": 4843048.1, "trend": 4888.350757, "fair_value": 4710.578676, "relative_strength": 11.50146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.132622, "energy": 85.096343, "activity_lines": [ 5825.333333, 5789.272727, 5519.930626, 5207.923659 ] }, { "date": "2026-08-07", "close": 5840.0, "volume": 6648700, "typical_volume": 4946098.95, "trend": 4929.114152, "fair_value": 4720.78222, "relative_strength": 11.078983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.219031, "energy": 87.075786, "activity_lines": [ 5831.333333, 5811.818182, 5588.039456, 5269.320384 ] } ], "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." } } }