{ "ticker": { "uuid": "8ab9781d-6265-42d1-a1bb-fb8715c75cba", "symbol": "RIO", "name": "Rio Tinto Group", "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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 9.251, "architecture_energy": 7.167, "architecture_maturity": 23.05, "architecture_confidence": 57.817, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 58.25, "rotation_up": 26.53, "upward_expansion": 30.5, "deceleration": 71.53, "rotation_down": 37.94, "downward_expansion": 23.17 }, "activity_lines": [ 7143.2, 7124.254545, 7296.795238, 7249.437482 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 7528.0, "trend_reference": 7143.771924, "distance_from_trend": 0.053785, "trend_direction": "Improving", "fair_value": 5434.858668, "distance_from_fair_value": 0.385133, "fair_value_direction": "Weakening", "relative_strength": 10.507996, "relative_strength_direction": "Weakening", "price_momentum": 0.100396, "excess_performance": 0.04916, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.053785, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.07994, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.385133, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.083158, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.10508, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.202312, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.100396, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.256778, "read": "Demand-led" } ], "volume": { "latest": 21574367, "relative_activity": 2.007071, "balance": 2.256778, "dry_up": 1.500621, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.106985, "annualized_volatility": 0.285435, "from_high_reference": -0.17429, "from_low_reference": 0.697286 }, "levels": { "trend_reference": 7143.771924, "fair_value_reference": 5434.858668, "structural_low": 5629.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": -0.015917, "positive_rate": 0.315789, "directional_follow_through": 0.315789, "median_excess_return": -0.00785, "regime_survival": 0.526316, "best_return": 0.114764, "worst_return": -0.160386, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.054923, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.054293, "regime_survival": 0.111111, "best_return": 0.221566, "worst_return": -0.192226, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.068841, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.061088, "regime_survival": 0.166667, "best_return": 0.500349, "worst_return": -0.145848, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.042028, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.148908, "regime_survival": 0.5, "best_return": 0.057237, "worst_return": -0.207151, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-12", "end": "2024-05-03", "tenure": "New", "return": 0.017116, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-10", "end": "2024-06-14", "tenure": "Developing", "return": -0.068867, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-07-19", "tenure": "Developing", "return": -0.060757, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-10-04", "tenure": "Developing", "return": 0.052108, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": -0.079345, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.061516, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": -0.035434, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-07-25", "tenure": "Established", "return": 0.104034, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.033633, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": 0.032151, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2026-03-20", "tenure": "Established", "return": 0.267018, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.137968, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-03", "tenure": "Developing", "return": -0.042135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.114764, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4593.437012, "volume": 13216292, "typical_volume": 15223044.45, "trend": 5283.964421, "fair_value": 5338.982801, "relative_strength": -9.831845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.47718, "energy": 61.290778, "activity_lines": [ 4813.801139, 4923.388317, 4983.100921, 5080.874808 ] }, { "date": "2023-08-25", "close": 4738.214355, "volume": 11258303, "typical_volume": 15236540.1, "trend": 5232.650146, "fair_value": 5339.771447, "relative_strength": -7.896531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.699113, "energy": 64.25302, "activity_lines": [ 4755.90651, 4877.654945, 4954.73949, 5045.665126 ] }, { "date": "2023-09-01", "close": 4964.865723, "volume": 12214906, "typical_volume": 15194110.1, "trend": 5194.312712, "fair_value": 5342.39276, "relative_strength": -5.173013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.531909, "energy": 58.478393, "activity_lines": [ 4799.726855, 4883.170526, 4950.569559, 5028.388712 ] }, { "date": "2023-09-08", "close": 4827.077637, "volume": 17512546, "typical_volume": 15407551.2, "trend": 5156.737581, "fair_value": 5341.472362, "relative_strength": -7.937684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.729915, "energy": 40.709876, "activity_lines": [ 4807.674121, 4863.590501, 4935.597112, 5004.696126 ] }, { "date": "2023-09-15", "close": 5280.879883, "volume": 22332565, "typical_volume": 15722417.2, "trend": 5129.765479, "fair_value": 5343.365206, "relative_strength": -2.395279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.118372, "energy": 8.852031, "activity_lines": [ 4978.47819, 4929.23608, 4965.246887, 5012.705307 ] }, { "date": "2023-09-22", "close": 5175.042969, "volume": 21966420, "typical_volume": 16249152.4, "trend": 5113.767985, "fair_value": 5346.32851, "relative_strength": -4.031371, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.531679, "energy": 17.908905, "activity_lines": [ 5076.527539, 4968.824237, 4983.669185, 5015.626435 ] }, { "date": "2023-09-29", "close": 5166.056152, "volume": 15417709, "typical_volume": 16233930.6, "trend": 5081.604688, "fair_value": 5349.483136, "relative_strength": -3.164804, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.507136, "energy": 20.609703, "activity_lines": [ 5132.807552, 5007.278596, 5000.320873, 5018.999866 ] }, { "date": "2023-10-06", "close": 5000.311035, "volume": 17936139, "typical_volume": 16495173.85, "trend": 5060.822168, "fair_value": 5350.895523, "relative_strength": -4.706057, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.827986, "energy": 19.451041, "activity_lines": [ 5105.316406, 5014.954315, 4999.961263, 5013.755114 ] }, { "date": "2023-10-13", "close": 5065.210938, "volume": 11441039, "typical_volume": 16286945.25, "trend": 5054.979769, "fair_value": 5353.70689, "relative_strength": -4.738105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.692641, "energy": 14.659564, "activity_lines": [ 5097.09554, 5036.528178, 5005.493164, 5014.03826 ] }, { "date": "2023-10-20", "close": 4922.930176, "volume": 16859530, "typical_volume": 16254262.95, "trend": 5044.294873, "fair_value": 5356.043435, "relative_strength": -4.88384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.39274, "energy": 11.297299, "activity_lines": [ 5025.572201, 5031.063858, 4996.764335, 5005.518932 ] }, { "date": "2023-10-27", "close": 5192.016113, "volume": 16170501, "typical_volume": 16477650.1, "trend": 5035.093083, "fair_value": 5361.5155, "relative_strength": 1.624616, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.267863, "energy": 4.035663, "activity_lines": [ 5067.607487, 5070.811772, 5014.319308, 5015.049334 ] }, { "date": "2023-11-03", "close": 5321.816895, "volume": 14183133, "typical_volume": 15792876.65, "trend": 5036.306917, "fair_value": 5366.128164, "relative_strength": 2.297204, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.750074, "energy": 22.461445, "activity_lines": [ 5151.778158, 5123.276572, 5043.872898, 5033.547645 ] }, { "date": "2023-11-10", "close": 5250.925781, "volume": 13851358, "typical_volume": 15696390.5, "trend": 5029.601139, "fair_value": 5369.584285, "relative_strength": 1.780829, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.304915, "energy": 39.90102, "activity_lines": [ 5201.934408, 5152.241122, 5066.525316, 5047.394023 ] }, { "date": "2023-11-17", "close": 5437.638672, "volume": 16973144, "typical_volume": 16016733.9, "trend": 5040.132454, "fair_value": 5373.975583, "relative_strength": 3.390113, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.105045, "energy": 61.33108, "activity_lines": [ 5297.620638, 5209.952379, 5105.586403, 5073.719025 ] }, { "date": "2023-11-24", "close": 5477.577637, "volume": 14271283, "typical_volume": 16101069.95, "trend": 5054.723438, "fair_value": 5377.668667, "relative_strength": 4.331783, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.584578, "energy": 66.230114, "activity_lines": [ 5381.791341, 5263.824157, 5146.255127, 5101.941295 ] }, { "date": "2023-12-01", "close": 5590.403809, "volume": 15433947, "typical_volume": 16063422.2, "trend": 5074.971859, "fair_value": 5378.718043, "relative_strength": 5.883478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.715551, "energy": 70.398996, "activity_lines": [ 5466.594271, 5334.633461, 5194.947835, 5136.501319 ] }, { "date": "2023-12-08", "close": 5574.428223, "volume": 16615438, "typical_volume": 16003871.45, "trend": 5097.166602, "fair_value": 5379.052249, "relative_strength": 5.348218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.538544, "energy": 70.639648, "activity_lines": [ 5519.512826, 5394.986098, 5240.272147, 5168.72431 ] }, { "date": "2023-12-15", "close": 5689.251953, "volume": 22855660, "typical_volume": 16150417.15, "trend": 5122.157324, "fair_value": 5379.433162, "relative_strength": 7.245288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.296738, "energy": 74.536563, "activity_lines": [ 5593.865202, 5468.790829, 5294.418976, 5206.923365 ] }, { "date": "2023-12-22", "close": 5830.035645, "volume": 12767259, "typical_volume": 16008364.0, "trend": 5152.622754, "fair_value": 5381.227164, "relative_strength": 8.224117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.913518, "energy": 77.942732, "activity_lines": [ 5685.923731, 5555.666398, 5359.242622, 5252.592934 ] }, { "date": "2023-12-29", "close": 5833.030273, "volume": 3786199, "typical_volume": 15353168.55, "trend": 5178.363428, "fair_value": 5383.70418, "relative_strength": 7.845451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.041338, "energy": 79.109855, "activity_lines": [ 5752.820671, 5629.18054, 5420.403295, 5296.490194 ] }, { "date": "2024-01-05", "close": 5691.249023, "volume": 13670047, "typical_volume": 15375856.3, "trend": 5197.548063, "fair_value": 5379.910745, "relative_strength": 5.951841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.892565, "energy": 71.564447, "activity_lines": [ 5748.760351, 5660.368999, 5462.754864, 5329.579587 ] }, { "date": "2024-01-12", "close": 5477.577637, "volume": 23098886, "typical_volume": 15967885.45, "trend": 5203.787549, "fair_value": 5377.070979, "relative_strength": 3.045701, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.40429, "energy": 47.385458, "activity_lines": [ 5666.753223, 5643.631152, 5479.529102, 5347.646011 ] }, { "date": "2024-01-19", "close": 5370.741699, "volume": 22345346, "typical_volume": 16474407.45, "trend": 5217.395996, "fair_value": 5373.993167, "relative_strength": 3.465835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.956411, "energy": 28.685049, "activity_lines": [ 5555.59082, 5604.636577, 5482.60771, 5358.417246 ] }, { "date": "2024-01-26", "close": 5540.480957, "volume": 18121530, "typical_volume": 16504856.65, "trend": 5236.196582, "fair_value": 5373.835305, "relative_strength": 4.553785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.122276, "energy": 24.042043, "activity_lines": [ 5522.242187, 5594.325213, 5499.91922, 5379.261437 ] }, { "date": "2024-02-02", "close": 5400.695313, "volume": 13138119, "typical_volume": 16045134.35, "trend": 5252.683399, "fair_value": 5372.583515, "relative_strength": 2.361716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.750752, "energy": 25.687552, "activity_lines": [ 5461.601986, 5556.728418, 5500.520652, 5389.874259 ] }, { "date": "2024-02-09", "close": 5335.79541, "volume": 18645678, "typical_volume": 15879097.25, "trend": 5257.124837, "fair_value": 5368.91148, "relative_strength": 1.848089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.424375, "energy": 20.31679, "activity_lines": [ 5408.150814, 5508.729501, 5494.370592, 5395.236324 ] }, { "date": "2024-02-16", "close": 5506.532715, "volume": 14605688, "typical_volume": 15838496.2, "trend": 5269.65319, "fair_value": 5363.665884, "relative_strength": 3.345606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.500277, "energy": 14.593995, "activity_lines": [ 5435.308984, 5496.402974, 5503.715739, 5411.327155 ] }, { "date": "2024-02-23", "close": 5189.020508, "volume": 13127664, "typical_volume": 15598072.45, "trend": 5272.096875, "fair_value": 5357.438126, "relative_strength": -2.424561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.913937, "energy": 16.717884, "activity_lines": [ 5354.699414, 5427.581419, 5481.200312, 5406.125046 ] }, { "date": "2024-03-01", "close": 5119.128418, "volume": 25373308, "typical_volume": 16294685.9, "trend": 5276.037207, "fair_value": 5352.871116, "relative_strength": -3.156883, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.452163, "energy": 33.855681, "activity_lines": [ 5262.907227, 5355.147328, 5451.129878, 5396.256114 ] }, { "date": "2024-03-08", "close": 4863.976563, "volume": 26366128, "typical_volume": 16770015.8, "trend": 5280.878304, "fair_value": 5347.364561, "relative_strength": -7.475137, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.634378, "energy": 61.971418, "activity_lines": [ 5114.15459, 5249.247577, 5396.502518, 5369.671556 ] }, { "date": "2024-03-15", "close": 4856.484863, "volume": 39280364, "typical_volume": 17925508.95, "trend": 5289.646566, "fair_value": 5343.559667, "relative_strength": -8.205977, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.14066, "energy": 72.297492, "activity_lines": [ 4998.68597, 5159.604856, 5341.442395, 5342.291334 ] }, { "date": "2024-03-22", "close": 4991.331543, "volume": 15661930, "typical_volume": 17999448.8, "trend": 5298.083805, "fair_value": 5340.223264, "relative_strength": -7.874304, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.061521, "energy": 67.414464, "activity_lines": [ 4960.12028, 5109.657244, 5300.82258, 5323.045203 ] }, { "date": "2024-03-29", "close": 5011.30957, "volume": 16702329, "typical_volume": 18141997.35, "trend": 5299.631934, "fair_value": 5337.353365, "relative_strength": -7.533197, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.585075, "energy": 63.518791, "activity_lines": [ 4962.560677, 5072.182839, 5263.679174, 5304.54364 ] }, { "date": "2024-04-05", "close": 4968.85791, "volume": 18433014, "typical_volume": 18214990.85, "trend": 5304.357943, "fair_value": 5333.042756, "relative_strength": -7.694366, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.573237, "energy": 57.672843, "activity_lines": [ 4962.697917, 5033.52508, 5223.633782, 5283.20338 ] }, { "date": "2024-04-12", "close": 5368.90332, "volume": 22340883, "typical_volume": 18618470.85, "trend": 5307.292057, "fair_value": 5328.79973, "relative_strength": -1.256654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.368677, "energy": 23.242892, "activity_lines": [ 5106.20166, 5077.995996, 5223.920243, 5287.367598 ] }, { "date": "2024-04-19", "close": 5373.897461, "volume": 20897950, "typical_volume": 18891671.0, "trend": 5313.92054, "fair_value": 5324.173647, "relative_strength": -0.011361, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.480009, "energy": 18.29192, "activity_lines": [ 5217.708333, 5123.952974, 5225.199833, 5291.664721 ] }, { "date": "2024-04-26", "close": 5446.814453, "volume": 18876079, "typical_volume": 19004703.05, "trend": 5323.27915, "fair_value": 5320.289563, "relative_strength": -1.771322, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.475148, "energy": 19.345867, "activity_lines": [ 5319.026497, 5182.474822, 5234.45488, 5300.238522 ] }, { "date": "2024-05-03", "close": 5460.799316, "volume": 9964631, "typical_volume": 18360151.6, "trend": 5338.62876, "fair_value": 5313.564093, "relative_strength": -2.469538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 14.400873, "energy": 28.03578, "activity_lines": [ 5394.640755, 5244.62516, 5245.649505, 5309.11079 ] }, { "date": "2024-05-10", "close": 5598.642578, "volume": 15914046, "typical_volume": 18517490.95, "trend": 5356.409814, "fair_value": 5310.276508, "relative_strength": -2.704207, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.883252, "energy": 37.909102, "activity_lines": [ 5486.236784, 5326.896475, 5271.059928, 5325.885876 ] }, { "date": "2024-05-17", "close": 5778.437988, "volume": 17225575, "typical_volume": 19189459.75, "trend": 5384.926742, "fair_value": 5309.041842, "relative_strength": 0.441341, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.375031, "energy": 59.413879, "activity_lines": [ 5595.778971, 5433.139426, 5314.695596, 5353.1135 ] }, { "date": "2024-05-24", "close": 5648.585938, "volume": 12494110, "typical_volume": 19130662.9, "trend": 5400.145736, "fair_value": 5306.527795, "relative_strength": -0.70006, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.084808, "energy": 58.364058, "activity_lines": [ 5634.734831, 5499.146342, 5346.224365, 5370.12377 ] }, { "date": "2024-05-31", "close": 5469.788574, "volume": 19463493, "typical_volume": 18948893.25, "trend": 5405.078125, "fair_value": 5301.87782, "relative_strength": -3.341258, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.051747, "energy": 45.123667, "activity_lines": [ 5595.779004, 5518.242809, 5360.927971, 5374.616857 ] }, { "date": "2024-06-07", "close": 5345.928711, "volume": 17697341, "typical_volume": 18716493.0, "trend": 5408.244889, "fair_value": 5297.07245, "relative_strength": -5.111292, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.772785, "energy": 20.655531, "activity_lines": [ 5514.004948, 5506.120082, 5363.872491, 5370.800765 ] }, { "date": "2024-06-14", "close": 5213.080078, "volume": 11029631, "typical_volume": 18361898.05, "trend": 5400.759603, "fair_value": 5293.395048, "relative_strength": -6.212438, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -17.318622, "energy": 13.777026, "activity_lines": [ 5395.606055, 5463.759073, 5354.282917, 5358.209487 ] }, { "date": "2024-06-21", "close": 5228.063477, "volume": 28137455, "typical_volume": 19111864.85, "trend": 5392.442464, "fair_value": 5288.198111, "relative_strength": -6.899867, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.709426, "energy": 20.999198, "activity_lines": [ 5307.905794, 5419.681916, 5347.679385, 5347.067802 ] }, { "date": "2024-06-28", "close": 5195.100586, "volume": 11129478, "typical_volume": 18736054.85, "trend": 5379.26569, "fair_value": 5283.466759, "relative_strength": -6.588501, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.151138, "energy": 32.119261, "activity_lines": [ 5245.909538, 5372.17223, 5338.758587, 5334.336068 ] }, { "date": "2024-07-05", "close": 5253.035156, "volume": 17400916, "typical_volume": 18875816.25, "trend": 5368.552588, "fair_value": 5278.148926, "relative_strength": -5.91007, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.314687, "energy": 29.445174, "activity_lines": [ 5233.457161, 5338.446955, 5336.025342, 5326.192162 ] }, { "date": "2024-07-12", "close": 5254.033691, "volume": 10098498, "typical_volume": 18724357.95, "trend": 5354.045312, "fair_value": 5273.954997, "relative_strength": -6.283701, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.942991, "energy": 29.825813, "activity_lines": [ 5235.787858, 5308.426491, 5334.594327, 5318.803846 ] }, { "date": "2024-07-19", "close": 4910.424316, "volume": 12629075, "typical_volume": 18087146.3, "trend": 5323.391601, "fair_value": 5267.590373, "relative_strength": -11.199378, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.622378, "energy": 52.606008, "activity_lines": [ 5129.708431, 5219.690971, 5300.129022, 5290.183137 ] }, { "date": "2024-07-26", "close": 5031.286133, "volume": 12968460, "typical_volume": 17417262.9, "trend": 5296.666797, "fair_value": 5260.882997, "relative_strength": -10.294579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.67866, "energy": 51.151007, "activity_lines": [ 5084.093327, 5165.443386, 5278.168197, 5271.337623 ] }, { "date": "2024-08-02", "close": 4943.885742, "volume": 12149742, "typical_volume": 16060731.8, "trend": 5271.754687, "fair_value": 5254.049598, "relative_strength": -10.512765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.161512, "energy": 59.165582, "activity_lines": [ 5022.463249, 5108.8894, 5247.086812, 5248.577555 ] }, { "date": "2024-08-09", "close": 4908.925781, "volume": 22292179, "typical_volume": 16392244.25, "trend": 5252.799626, "fair_value": 5249.413912, "relative_strength": -11.007532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.194211, "energy": 64.700037, "activity_lines": [ 4965.927506, 5058.791788, 5212.259712, 5225.169238 ] }, { "date": "2024-08-16", "close": 4737.932129, "volume": 12364458, "typical_volume": 16175350.7, "trend": 5231.705973, "fair_value": 5246.391445, "relative_strength": -15.43797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.84511, "energy": 67.962425, "activity_lines": [ 4875.334505, 4987.801926, 5161.539911, 5191.95198 ] }, { "date": "2024-08-23", "close": 4757.414551, "volume": 13183025, "typical_volume": 15912851.25, "trend": 5205.60376, "fair_value": 5242.356455, "relative_strength": -15.077247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.646683, "energy": 65.571058, "activity_lines": [ 4825.642415, 4931.408807, 5113.977376, 5161.352534 ] }, { "date": "2024-08-30", "close": 4765.907227, "volume": 9705184, "typical_volume": 15281066.3, "trend": 5184.444157, "fair_value": 5238.350342, "relative_strength": -15.188082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.496736, "energy": 67.4045, "activity_lines": [ 4788.981869, 4884.844638, 5068.230541, 5132.985016 ] }, { "date": "2024-09-06", "close": 4512.125488, "volume": 10748987, "typical_volume": 14773618.15, "trend": 5156.988493, "fair_value": 5233.637586, "relative_strength": -17.567412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.274701, "energy": 77.315977, "activity_lines": [ 4685.419336, 4800.541175, 5001.185426, 5089.609618 ] }, { "date": "2024-09-13", "close": 4752.918945, "volume": 15449481, "typical_volume": 14602288.25, "trend": 5131.868034, "fair_value": 5233.244798, "relative_strength": -13.856581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.72035, "energy": 57.7488, "activity_lines": [ 4690.905306, 4772.436071, 4961.176697, 5063.540614 ] }, { "date": "2024-09-20", "close": 4798.379883, "volume": 16925458, "typical_volume": 14950329.6, "trend": 5118.84668, "fair_value": 5233.137038, "relative_strength": -12.348568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.991905, "energy": 43.957817, "activity_lines": [ 4721.945378, 4761.689613, 4928.801846, 5042.02525 ] }, { "date": "2024-09-27", "close": 5304.445313, "volume": 20487638, "typical_volume": 15179009.2, "trend": 5125.023909, "fair_value": 5236.417061, "relative_strength": -4.04649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.241828, "energy": 15.079054, "activity_lines": [ 4917.644076, 4851.239666, 4947.778081, 5053.999355 ] }, { "date": "2024-10-04", "close": 5293.45459, "volume": 11460132, "typical_volume": 14890737.05, "trend": 5139.339844, "fair_value": 5238.85345, "relative_strength": -3.702592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.674395, "energy": 16.851899, "activity_lines": [ 5073.210482, 4931.627388, 4967.108519, 5064.865851 ] }, { "date": "2024-10-11", "close": 5093.625977, "volume": 12293141, "typical_volume": 14880688.6, "trend": 5147.244547, "fair_value": 5239.312378, "relative_strength": -6.90267, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.455424, "energy": 20.50545, "activity_lines": [ 5126.997526, 4970.915936, 4969.717106, 5061.916569 ] }, { "date": "2024-10-18", "close": 4991.213867, "volume": 13036701, "typical_volume": 14559349.0, "trend": 5147.240625, "fair_value": 5241.450339, "relative_strength": -9.738278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.37518, "energy": 20.16321, "activity_lines": [ 5107.880501, 4988.86155, 4965.214825, 5051.850074 ] }, { "date": "2024-10-25", "close": 5017.691406, "volume": 9838223, "typical_volume": 14166393.1, "trend": 5147.453353, "fair_value": 5244.473705, "relative_strength": -7.776671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.174281, "energy": 14.352699, "activity_lines": [ 5081.702995, 5010.125115, 4965.513142, 5043.492059 ] }, { "date": "2024-11-01", "close": 5021.687988, "volume": 8947533, "typical_volume": 14062288.2, "trend": 5149.214355, "fair_value": 5248.391721, "relative_strength": -6.613696, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.752184, "energy": 7.768074, "activity_lines": [ 5042.236914, 5027.0288, 4967.75512, 5035.378165 ] }, { "date": "2024-11-08", "close": 4941.756836, "volume": 13701463, "typical_volume": 13340488.6, "trend": 5134.976139, "fair_value": 5250.915546, "relative_strength": -6.630716, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.296807, "energy": 15.381975, "activity_lines": [ 4994.977604, 5024.594576, 4963.295998, 5021.993809 ] }, { "date": "2024-11-15", "close": 4800.37793, "volume": 12131335, "typical_volume": 13390581.45, "trend": 5115.858822, "fair_value": 5253.220018, "relative_strength": -8.857318, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.988535, "energy": 24.338044, "activity_lines": [ 4924.038509, 4993.25783, 4946.735584, 5000.406828 ] }, { "date": "2024-11-22", "close": 4940.757324, "volume": 12602143, "typical_volume": 13150642.8, "trend": 5098.990251, "fair_value": 5255.865234, "relative_strength": -8.084506, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.277306, "energy": 21.585118, "activity_lines": [ 4919.442415, 4982.203658, 4945.424268, 4989.109957 ] }, { "date": "2024-11-29", "close": 4932.264648, "volume": 11803704, "typical_volume": 13235903.1, "trend": 5081.372428, "fair_value": 5258.225974, "relative_strength": -8.121435, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.598463, "energy": 21.538908, "activity_lines": [ 4915.379199, 4966.190119, 4944.791162, 4978.353466 ] }, { "date": "2024-12-06", "close": 4919.775391, "volume": 12402494, "typical_volume": 13224574.05, "trend": 5058.743522, "fair_value": 5259.385216, "relative_strength": -8.191734, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.720014, "energy": 20.652632, "activity_lines": [ 4912.848014, 4945.471538, 4944.500837, 4967.927851 ] }, { "date": "2024-12-13", "close": 4895.795898, "volume": 11899704, "typical_volume": 13171136.25, "trend": 5029.322119, "fair_value": 5259.611175, "relative_strength": -8.106497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.3509, "energy": 21.391366, "activity_lines": [ 4909.117838, 4927.387047, 4941.882222, 4957.415101 ] }, { "date": "2024-12-20", "close": 4663.995117, "volume": 18322139, "typical_volume": 13479756.1, "trend": 4996.502425, "fair_value": 5258.411937, "relative_strength": -9.633022, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.72533, "energy": 40.264128, "activity_lines": [ 4831.184798, 4874.387118, 4917.832533, 4933.845617 ] }, { "date": "2024-12-27", "close": 4689.473145, "volume": 3113230, "typical_volume": 12520808.65, "trend": 4970.491911, "fair_value": 5257.213075, "relative_strength": -9.377971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.106647, "energy": 55.758068, "activity_lines": [ 4770.836621, 4833.831028, 4897.542136, 4914.037276 ] }, { "date": "2025-01-03", "close": 4693.969727, "volume": 4959403, "typical_volume": 12150555.9, "trend": 4948.759945, "fair_value": 5253.998257, "relative_strength": -9.646035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.903396, "energy": 61.408806, "activity_lines": [ 4728.739584, 4799.578693, 4878.724998, 4896.197135 ] }, { "date": "2025-01-10", "close": 4813.866699, "volume": 15956725, "typical_volume": 12289240.9, "trend": 4935.452832, "fair_value": 5250.401815, "relative_strength": -7.232753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.32344, "energy": 58.183005, "activity_lines": [ 4742.494531, 4793.011657, 4871.535963, 4887.494345 ] }, { "date": "2025-01-17", "close": 5036.674805, "volume": 15373607, "typical_volume": 12572662.05, "trend": 4929.07321, "fair_value": 5247.818291, "relative_strength": -5.499998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.995397, "energy": 14.821579, "activity_lines": [ 4837.579427, 4830.733754, 4885.297928, 4894.024795 ] }, { "date": "2025-01-24", "close": 4982.72168, "volume": 16142032, "typical_volume": 12842314.3, "trend": 4921.993913, "fair_value": 5245.342598, "relative_strength": -6.079076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.982177, "energy": 13.566966, "activity_lines": [ 4905.288021, 4856.92041, 4892.632131, 4897.485987 ] }, { "date": "2025-01-31", "close": 4886.803711, "volume": 12616606, "typical_volume": 12700670.55, "trend": 4909.786198, "fair_value": 5242.373454, "relative_strength": -9.301835, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.573223, "energy": 13.488091, "activity_lines": [ 4919.775521, 4862.352095, 4888.590355, 4895.215651 ] }, { "date": "2025-02-07", "close": 5010.697266, "volume": 12059918, "typical_volume": 12457393.55, "trend": 4901.674984, "fair_value": 5237.904513, "relative_strength": -6.914725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.68325, "energy": 21.097785, "activity_lines": [ 4962.405502, 4891.290856, 4895.710419, 4901.726043 ] }, { "date": "2025-02-14", "close": 5049.663574, "volume": 13311146, "typical_volume": 12098568.95, "trend": 4906.316292, "fair_value": 5234.126261, "relative_strength": -6.138434, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.084728, "energy": 30.09485, "activity_lines": [ 4996.909082, 4925.888352, 4905.530525, 4911.273694 ] }, { "date": "2025-02-21", "close": 5077.640137, "volume": 9649339, "typical_volume": 12008029.3, "trend": 4907.861426, "fair_value": 5230.463448, "relative_strength": -4.562576, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.662592, "energy": 42.824693, "activity_lines": [ 5025.018392, 4963.210893, 4919.228311, 4922.326845 ] }, { "date": "2025-02-28", "close": 4789.886719, "volume": 22051354, "typical_volume": 12495939.95, "trend": 4902.728125, "fair_value": 5222.649289, "relative_strength": -11.166068, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.561991, "energy": 15.757294, "activity_lines": [ 4954.478874, 4944.908372, 4906.548698, 4914.715574 ] }, { "date": "2025-03-07", "close": 4800.102539, "volume": 19947138, "typical_volume": 12841461.8, "trend": 4899.100684, "fair_value": 5217.844004, "relative_strength": -9.411958, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.106052, "energy": 4.698961, "activity_lines": [ 4900.200293, 4926.174334, 4896.288398, 4908.094568 ] }, { "date": "2025-03-14", "close": 4815.594727, "volume": 20223363, "typical_volume": 13360718.8, "trend": 4901.689437, "fair_value": 5212.773582, "relative_strength": -8.414712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.444465, "energy": 11.097632, "activity_lines": [ 4856.865853, 4908.245615, 4888.413598, 4902.707087 ] }, { "date": "2025-03-21", "close": 4754.625, "volume": 12606325, "typical_volume": 13543658.4, "trend": 4901.596452, "fair_value": 5205.368609, "relative_strength": -9.4988, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.832632, "energy": 31.482434, "activity_lines": [ 4806.215007, 4877.020126, 4875.694522, 4893.219059 ] }, { "date": "2025-03-28", "close": 4713.645508, "volume": 9873259, "typical_volume": 13352248.2, "trend": 4899.854395, "fair_value": 5195.782793, "relative_strength": -10.16029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.542913, "energy": 48.53889, "activity_lines": [ 4761.573568, 4839.420943, 4860.344366, 4881.093191 ] }, { "date": "2025-04-04", "close": 4236.883301, "volume": 13165078, "typical_volume": 13403935.35, "trend": 4890.679655, "fair_value": 5183.697081, "relative_strength": -12.910764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.704091, "energy": 74.759736, "activity_lines": [ 4582.277702, 4721.010982, 4800.67453, 4838.320863 ] }, { "date": "2025-04-11", "close": 4301.351563, "volume": 19342389, "typical_volume": 13740947.65, "trend": 4875.627409, "fair_value": 5171.551486, "relative_strength": -10.201915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.222501, "energy": 77.69323, "activity_lines": [ 4461.338151, 4627.883221, 4749.827837, 4800.299696 ] }, { "date": "2025-04-18", "close": 4395.804688, "volume": 8004743, "typical_volume": 13550999.6, "trend": 4862.208236, "fair_value": 5163.515165, "relative_strength": -11.260323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.773443, "energy": 75.886316, "activity_lines": [ 4405.133041, 4562.57334, 4711.021468, 4769.343391 ] }, { "date": "2025-04-25", "close": 4547.728027, "volume": 14656313, "typical_volume": 13663690.55, "trend": 4836.984326, "fair_value": 5156.184176, "relative_strength": -9.341357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.680059, "energy": 70.821837, "activity_lines": [ 4427.555046, 4536.065749, 4689.23856, 4749.054345 ] }, { "date": "2025-05-02", "close": 4499.752441, "volume": 11406048, "typical_volume": 13639007.75, "trend": 4810.527588, "fair_value": 5150.246401, "relative_strength": -11.785064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.305044, "energy": 46.411513, "activity_lines": [ 4447.77832, 4509.961426, 4664.658203, 4727.297449 ] }, { "date": "2025-05-09", "close": 4494.255371, "volume": 15402676, "typical_volume": 13493034.6, "trend": 4790.548568, "fair_value": 5145.04064, "relative_strength": -11.065225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.676789, "energy": 35.970893, "activity_lines": [ 4480.428776, 4493.364684, 4641.440237, 4706.89279 ] }, { "date": "2025-05-16", "close": 4673.665527, "volume": 14338386, "typical_volume": 14054292.4, "trend": 4779.963623, "fair_value": 5140.16015, "relative_strength": -8.455879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.447222, "energy": 21.059258, "activity_lines": [ 4555.724479, 4514.763086, 4636.117236, 4699.351949 ] }, { "date": "2025-05-23", "close": 4560.222168, "volume": 10633986, "typical_volume": 14338021.55, "trend": 4764.714648, "fair_value": 5132.934824, "relative_strength": -10.563626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.540342, "energy": 18.530277, "activity_lines": [ 4568.384798, 4517.834277, 4620.065381, 4685.175081 ] }, { "date": "2025-05-30", "close": 4399.802246, "volume": 16285134, "typical_volume": 14354442.0, "trend": 4743.985124, "fair_value": 5124.323111, "relative_strength": -13.793058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.997578, "energy": 25.227707, "activity_lines": [ 4516.610644, 4496.381348, 4589.372331, 4661.632345 ] }, { "date": "2025-06-06", "close": 4353.325684, "volume": 16389688, "typical_volume": 14405246.05, "trend": 4724.370752, "fair_value": 5115.848251, "relative_strength": -14.897644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.864176, "energy": 34.27035, "activity_lines": [ 4459.206022, 4472.929457, 4556.224677, 4636.42851 ] }, { "date": "2025-06-13", "close": 4286.358887, "volume": 12131364, "typical_volume": 14204712.65, "trend": 4707.236784, "fair_value": 5110.22414, "relative_strength": -15.892219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.329879, "energy": 54.199644, "activity_lines": [ 4389.240918, 4443.853054, 4519.953276, 4608.16968 ] }, { "date": "2025-06-20", "close": 4146.429199, "volume": 20003160, "typical_volume": 14574040.35, "trend": 4680.75918, "fair_value": 5104.969025, "relative_strength": -17.487457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.574161, "energy": 72.044336, "activity_lines": [ 4286.49235, 4388.435334, 4473.671252, 4571.988546 ] }, { "date": "2025-06-27", "close": 4279.362305, "volume": 12984598, "typical_volume": 14620274.35, "trend": 4658.995768, "fair_value": 5101.48995, "relative_strength": -14.646478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.420179, "energy": 65.499745, "activity_lines": [ 4263.203906, 4360.004039, 4443.575116, 4546.091973 ] }, { "date": "2025-07-04", "close": 4264.369629, "volume": 11917563, "typical_volume": 14550595.2, "trend": 4637.14891, "fair_value": 5097.911568, "relative_strength": -14.725092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.069259, "energy": 66.902463, "activity_lines": [ 4253.641895, 4330.963938, 4415.533654, 4520.632222 ] }, { "date": "2025-07-11", "close": 4454.774902, "volume": 14662436, "typical_volume": 14801250.05, "trend": 4622.44821, "fair_value": 5097.190549, "relative_strength": -11.680482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.094365, "energy": 42.50724, "activity_lines": [ 4316.577148, 4341.694949, 4409.365523, 4508.866157 ] }, { "date": "2025-07-18", "close": 4485.259766, "volume": 10637696, "typical_volume": 14230567.15, "trend": 4616.490365, "fair_value": 5095.430936, "relative_strength": -11.268022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.862433, "energy": 22.134519, "activity_lines": [ 4382.910742, 4358.786435, 4409.066736, 4500.01529 ] }, { "date": "2025-07-25", "close": 4677.663086, "volume": 15139540, "typical_volume": 13990187.25, "trend": 4616.096696, "fair_value": 5093.929625, "relative_strength": -8.467065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.885802, "energy": 14.470641, "activity_lines": [ 4500.118718, 4411.023899, 4428.54268, 4503.961917 ] }, { "date": "2025-08-01", "close": 4489.757324, "volume": 15713548, "typical_volume": 13764696.5, "trend": 4609.289616, "fair_value": 5091.204609, "relative_strength": -11.309265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.029244, "energy": 22.340854, "activity_lines": [ 4519.275846, 4429.023997, 4430.705883, 4495.81099 ] }, { "date": "2025-08-08", "close": 4570.716797, "volume": 22906809, "typical_volume": 14279720.7, "trend": 4601.184619, "fair_value": 5089.518721, "relative_strength": -9.672579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.618628, "energy": 18.506189, "activity_lines": [ 4551.393132, 4463.025178, 4442.131118, 4493.322421 ] }, { "date": "2025-08-15", "close": 4512.795898, "volume": 15957173, "typical_volume": 14583916.4, "trend": 4583.721989, "fair_value": 5087.02977, "relative_strength": -11.004219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.150017, "energy": 17.202892, "activity_lines": [ 4543.780306, 4483.387749, 4448.91583, 4487.619923 ] }, { "date": "2025-08-22", "close": 4599.772949, "volume": 10342248, "typical_volume": 14442774.9, "trend": 4570.957031, "fair_value": 5084.660191, "relative_strength": -10.824486, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.841256, "energy": 12.006962, "activity_lines": [ 4561.291764, 4516.66487, 4464.940497, 4488.655469 ] }, { "date": "2025-08-29", "close": 4640.761719, "volume": 8286461, "typical_volume": 13889978.5, "trend": 4562.755632, "fair_value": 5084.34123, "relative_strength": -8.513677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.781798, "energy": 24.224707, "activity_lines": [ 4584.831934, 4551.696058, 4483.140811, 4493.158997 ] }, { "date": "2025-09-05", "close": 4679.751465, "volume": 8406147, "typical_volume": 13910048.7, "trend": 4551.724105, "fair_value": 5083.251934, "relative_strength": -7.815457, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.500222, "energy": 29.79892, "activity_lines": [ 4623.828776, 4584.828427, 4503.438195, 4500.707115 ] }, { "date": "2025-09-12", "close": 4600.772461, "volume": 9186891, "typical_volume": 13636577.6, "trend": 4536.761068, "fair_value": 5082.132916, "relative_strength": -9.856282, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.929826, "energy": 29.538506, "activity_lines": [ 4623.833008, 4596.321174, 4514.861642, 4503.871525 ] }, { "date": "2025-09-19", "close": 4597.773438, "volume": 23897084, "typical_volume": 14261129.4, "trend": 4520.765511, "fair_value": 5081.685509, "relative_strength": -8.99612, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.390931, "energy": 24.943054, "activity_lines": [ 4620.833854, 4601.152228, 4525.746875, 4507.807807 ] }, { "date": "2025-09-26", "close": 4830.211426, "volume": 19973475, "typical_volume": 14489669.35, "trend": 4522.109668, "fair_value": 5081.330429, "relative_strength": -4.704649, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.027662, "energy": 51.734968, "activity_lines": [ 4689.648861, 4645.644762, 4558.302293, 4527.77206 ] }, { "date": "2025-10-03", "close": 4929.68457, "volume": 14119630, "typical_volume": 14478731.55, "trend": 4526.429069, "fair_value": 5080.52556, "relative_strength": -4.454703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.721678, "energy": 64.46492, "activity_lines": [ 4776.259017, 4701.951474, 4598.731552, 4554.067215 ] }, { "date": "2025-10-10", "close": 4982.170898, "volume": 12513813, "typical_volume": 14572722.9, "trend": 4531.981608, "fair_value": 5082.068888, "relative_strength": -2.478079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.722203, "energy": 73.967173, "activity_lines": [ 4861.103092, 4763.218945, 4642.940372, 4583.469913 ] }, { "date": "2025-10-17", "close": 5048.652832, "volume": 9404991, "typical_volume": 14228715.75, "trend": 4541.782536, "fair_value": 5083.696164, "relative_strength": -0.203125, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.012821, "energy": 80.628044, "activity_lines": [ 4947.946517, 4827.621067, 4691.471524, 4616.803541 ] }, { "date": "2025-10-24", "close": 5323.57959, "volume": 16308459, "typical_volume": 14224654.3, "trend": 4562.113672, "fair_value": 5089.126321, "relative_strength": 2.261621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.010432, "energy": 91.387651, "activity_lines": [ 5096.573503, 4933.320126, 4763.096412, 4667.24206 ] }, { "date": "2025-10-31", "close": 5484.536621, "volume": 8641348, "typical_volume": 14050153.5, "trend": 4603.702116, "fair_value": 5092.108474, "relative_strength": 4.761629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.812481, "energy": 95.44453, "activity_lines": [ 5250.465755, 5053.542578, 4845.430285, 4726.753218 ] }, { "date": "2025-11-07", "close": 5224.605957, "volume": 13770959, "typical_volume": 13738543.45, "trend": 4634.477262, "fair_value": 5091.070444, "relative_strength": 0.414461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.357979, "energy": 86.073313, "activity_lines": [ 5274.092773, 5110.418297, 4897.303248, 4766.811531 ] }, { "date": "2025-11-14", "close": 5392.561035, "volume": 11019372, "typical_volume": 13640282.15, "trend": 4667.702474, "fair_value": 5091.192201, "relative_strength": 3.619316, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.776343, "energy": 87.571481, "activity_lines": [ 5334.043392, 5187.215953, 4960.037758, 4815.720161 ] }, { "date": "2025-11-21", "close": 5306.583984, "volume": 11520640, "typical_volume": 13620436.0, "trend": 4692.997672, "fair_value": 5090.801204, "relative_strength": 3.818848, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.736113, "energy": 60.942362, "activity_lines": [ 5337.975651, 5235.421245, 5009.283031, 4856.938323 ] }, { "date": "2025-11-28", "close": 5420.553711, "volume": 13387549, "typical_volume": 13556691.65, "trend": 4723.691048, "fair_value": 5089.829468, "relative_strength": 4.216418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.84801, "energy": 58.505173, "activity_lines": [ 5362.702409, 5291.515367, 5064.419638, 4903.877422 ] }, { "date": "2025-12-05", "close": 5498.533203, "volume": 11138667, "typical_volume": 13581740.2, "trend": 4757.166976, "fair_value": 5087.752044, "relative_strength": 6.389955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.733408, "energy": 59.092909, "activity_lines": [ 5406.957389, 5346.827938, 5122.383917, 4953.867239 ] }, { "date": "2025-12-12", "close": 5587.509277, "volume": 12657745, "typical_volume": 13457650.45, "trend": 4787.628434, "fair_value": 5087.671434, "relative_strength": 8.355141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.597751, "energy": 59.137257, "activity_lines": [ 5479.937956, 5406.166672, 5183.996996, 5007.43771 ] }, { "date": "2025-12-19", "close": 5836.442871, "volume": 19998705, "typical_volume": 13671908.3, "trend": 4830.169124, "fair_value": 5087.932811, "relative_strength": 10.29117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.4725, "energy": 68.68295, "activity_lines": [ 5611.702832, 5498.805611, 5264.985435, 5075.103157 ] }, { "date": "2025-12-26", "close": 5980.404297, "volume": 5837494, "typical_volume": 12818442.55, "trend": 4882.855859, "fair_value": 5089.180977, "relative_strength": 13.193273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.136372, "energy": 88.931595, "activity_lines": [ 5761.862728, 5602.087136, 5353.271698, 5149.311878 ] }, { "date": "2026-01-02", "close": 5984.40332, "volume": 5383040, "typical_volume": 12289735.9, "trend": 4937.225114, "fair_value": 5088.791651, "relative_strength": 12.230361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.513907, "energy": 89.735012, "activity_lines": [ 5868.434277, 5689.154821, 5435.226023, 5220.379456 ] }, { "date": "2026-01-09", "close": 6004.397949, "volume": 14490832, "typical_volume": 12497165.1, "trend": 4994.493083, "fair_value": 5087.500635, "relative_strength": 10.638173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.539632, "energy": 87.916232, "activity_lines": [ 5944.080729, 5767.842915, 5512.076944, 5289.229317 ] }, { "date": "2026-01-16", "close": 6345.307129, "volume": 18620377, "typical_volume": 13013860.9, "trend": 5067.789014, "fair_value": 5088.433315, "relative_strength": 15.540227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.310757, "energy": 91.037179, "activity_lines": [ 6099.639258, 5899.062473, 5614.706715, 5376.37861 ] }, { "date": "2026-01-23", "close": 6574.246094, "volume": 18481281, "typical_volume": 13517617.6, "trend": 5144.28514, "fair_value": 5090.33462, "relative_strength": 20.525263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.345066, "energy": 88.404286, "activity_lines": [ 6280.990918, 6051.530913, 5731.023314, 5473.569389 ] }, { "date": "2026-01-30", "close": 6736.202637, "volume": 19396370, "typical_volume": 14028091.55, "trend": 5226.679574, "fair_value": 5094.31676, "relative_strength": 22.109776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.946764, "energy": 88.786396, "activity_lines": [ 6467.141211, 6211.960813, 5853.742943, 5576.273744 ] }, { "date": "2026-02-06", "close": 6841.174805, "volume": 21538467, "typical_volume": 13910160.7, "trend": 5306.226237, "fair_value": 5100.001653, "relative_strength": 21.898931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.272276, "energy": 86.439196, "activity_lines": [ 6637.895671, 6365.483496, 5976.291206, 5680.434727 ] }, { "date": "2026-02-13", "close": 7185.083008, "volume": 19072688, "typical_volume": 13865121.35, "trend": 5396.220345, "fair_value": 5107.02114, "relative_strength": 26.59528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.081664, "energy": 88.924798, "activity_lines": [ 6866.168099, 6555.705469, 6120.909768, 5801.651293 ] }, { "date": "2026-02-20", "close": 7120.100586, "volume": 13459417, "typical_volume": 13832110.7, "trend": 5477.634928, "fair_value": 5116.413017, "relative_strength": 22.281479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.947916, "energy": 82.553568, "activity_lines": [ 6994.067383, 6703.447914, 6248.125853, 5912.869373 ] }, { "date": "2026-02-27", "close": 7333.043457, "volume": 15722242, "typical_volume": 13992532.15, "trend": 5572.411133, "fair_value": 5124.118712, "relative_strength": 22.799964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.976899, "energy": 70.674637, "activity_lines": [ 7141.294727, 6862.041948, 6385.19166, 6032.573149 ] }, { "date": "2026-03-06", "close": 6749.0, "volume": 16055950, "typical_volume": 14325080.1, "trend": 5645.020573, "fair_value": 5131.331618, "relative_strength": 19.463236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.873464, "energy": 60.925206, "activity_lines": [ 7043.254427, 6887.235343, 6455.439648, 6108.482108 ] }, { "date": "2026-03-13", "close": 6665.0, "volume": 20729842, "typical_volume": 14546149.25, "trend": 5716.76071, "fair_value": 5140.463138, "relative_strength": 17.869386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.172023, "energy": 49.817377, "activity_lines": [ 6916.36097, 6883.181543, 6509.590746, 6174.287232 ] }, { "date": "2026-03-20", "close": 6246.0, "volume": 17530448, "typical_volume": 14990604.25, "trend": 5771.634945, "fair_value": 5146.889567, "relative_strength": 13.960647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.282875, "energy": 29.665452, "activity_lines": [ 6661.545833, 6790.57144, 6517.449365, 6208.431703 ] }, { "date": "2026-03-27", "close": 6545.0, "volume": 21886384, "typical_volume": 15396375.5, "trend": 5835.109554, "fair_value": 5153.792966, "relative_strength": 18.365295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.252352, "energy": 24.305833, "activity_lines": [ 6569.002897, 6747.932209, 6550.158159, 6258.326222 ] }, { "date": "2026-04-03", "close": 7102.0, "volume": 13279212, "typical_volume": 15509367.5, "trend": 5915.851172, "fair_value": 5165.437826, "relative_strength": 22.014307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.730963, "energy": 24.328012, "activity_lines": [ 6700.466667, 6802.934925, 6629.626981, 6340.06109 ] }, { "date": "2026-04-10", "close": 7345.0, "volume": 11205929, "typical_volume": 15493631.95, "trend": 6007.325423, "fair_value": 5177.571806, "relative_strength": 23.583323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.558645, "energy": 36.399521, "activity_lines": [ 6928.333333, 6892.523935, 6724.098475, 6432.26424 ] }, { "date": "2026-04-17", "close": 7448.0, "volume": 9319179, "typical_volume": 15290213.45, "trend": 6102.332975, "fair_value": 5192.48399, "relative_strength": 23.818784, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.853786, "energy": 48.467119, "activity_lines": [ 7150.8, 6989.771174, 6818.672749, 6525.210987 ] }, { "date": "2026-04-24", "close": 7381.0, "volume": 8667440, "typical_volume": 15166652.1, "trend": 6187.359261, "fair_value": 5207.491374, "relative_strength": 25.385614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.20648, "energy": 63.771087, "activity_lines": [ 7298.733333, 7063.803409, 6897.211565, 6607.705634 ] }, { "date": "2026-05-01", "close": 7391.0, "volume": 10215679, "typical_volume": 15044548.8, "trend": 6269.403109, "fair_value": 5222.927584, "relative_strength": 24.936007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.804935, "energy": 66.148492, "activity_lines": [ 7374.333333, 7136.091699, 6967.738635, 6685.359875 ] }, { "date": "2026-05-08", "close": 7695.0, "volume": 7138847, "typical_volume": 14401555.9, "trend": 6359.830745, "fair_value": 5240.789213, "relative_strength": 30.739205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.302514, "energy": 70.228157, "activity_lines": [ 7494.866667, 7258.727273, 7058.630034, 6777.333868 ] }, { "date": "2026-05-15", "close": 7766.0, "volume": 14154742, "typical_volume": 14817418.3, "trend": 6450.408984, "fair_value": 5258.907608, "relative_strength": 31.450835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.904059, "energy": 63.810806, "activity_lines": [ 7599.533333, 7387.690909, 7147.433066, 6868.054465 ] }, { "date": "2026-05-22", "close": 7777.0, "volume": 13267680, "typical_volume": 15211650.3, "trend": 6532.189665, "fair_value": 5277.246886, "relative_strength": 27.300551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.144056, "energy": 57.598882, "activity_lines": [ 7679.8, 7500.163636, 7228.78088, 6953.640982 ] }, { "date": "2026-05-29", "close": 7968.0, "volume": 14548730, "typical_volume": 15214545.2, "trend": 6614.971777, "fair_value": 5295.882719, "relative_strength": 30.010737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.94372, "energy": 52.233108, "activity_lines": [ 7801.8, 7627.145455, 7319.782996, 7046.273907 ] }, { "date": "2026-06-05", "close": 7604.0, "volume": 2085595, "typical_volume": 14387806.1, "trend": 6694.284912, "fair_value": 5311.833296, "relative_strength": 23.592338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.026797, "energy": 44.450283, "activity_lines": [ 7763.333333, 7656.636364, 7366.767959, 7110.082179 ] }, { "date": "2026-06-12", "close": 7814.0, "volume": 2581272, "typical_volume": 13592805.65, "trend": 6774.999544, "fair_value": 5328.010263, "relative_strength": 24.690761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.386026, "energy": 42.529693, "activity_lines": [ 7780.666667, 7705.054545, 7427.759147, 7182.321862 ] }, { "date": "2026-06-19", "close": 7394.0, "volume": 6796398, "typical_volume": 12962807.05, "trend": 6844.580078, "fair_value": 5343.596877, "relative_strength": 18.306858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.658432, "energy": 30.020691, "activity_lines": [ 7650.066667, 7664.163636, 7442.846745, 7222.257376 ] }, { "date": "2026-06-26", "close": 7168.0, "volume": 1495945, "typical_volume": 11960680.95, "trend": 6902.828288, "fair_value": 5357.645189, "relative_strength": 12.409597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.665221, "energy": 17.282493, "activity_lines": [ 7468.933333, 7581.290909, 7433.278165, 7243.123177 ] }, { "date": "2026-07-03", "close": 7070.0, "volume": 773732, "typical_volume": 11045733.15, "trend": 6955.210514, "fair_value": 5371.516401, "relative_strength": 8.482972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.690157, "energy": 16.373552, "activity_lines": [ 7295.733333, 7485.690909, 7412.81994, 7253.908449 ] }, { "date": "2026-07-10", "close": 6753.0, "volume": 13045040, "typical_volume": 11025014.3, "trend": 6994.060205, "fair_value": 5381.455169, "relative_strength": 4.932752, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.816177, "energy": 18.701042, "activity_lines": [ 7076.733333, 7338.109091, 7362.719255, 7240.862609 ] }, { "date": "2026-07-17", "close": 6726.0, "volume": 16724393, "typical_volume": 11075121.85, "trend": 7023.712109, "fair_value": 5391.681566, "relative_strength": 3.058005, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.382394, "energy": 28.018647, "activity_lines": [ 6905.466667, 7197.218182, 7311.795238, 7223.568402 ] }, { "date": "2026-07-24", "close": 6869.0, "volume": 14323728, "typical_volume": 10988510.75, "trend": 7053.331966, "fair_value": 5402.920604, "relative_strength": 3.507506, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.886339, "energy": 22.470563, "activity_lines": [ 6854.4, 7099.945455, 7277.380952, 7213.586976 ] }, { "date": "2026-07-31", "close": 7174.0, "volume": 11899313, "typical_volume": 10546984.3, "trend": 7092.985189, "fair_value": 5416.850614, "relative_strength": 6.246063, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.745061, "energy": 17.568178, "activity_lines": [ 6940.0, 7074.436364, 7271.442857, 7221.37201 ] }, { "date": "2026-08-07", "close": 7528.0, "volume": 21574367, "typical_volume": 10749180.25, "trend": 7143.771924, "fair_value": 5434.858668, "relative_strength": 10.507996, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.250524, "energy": 7.167115, "activity_lines": [ 7143.2, 7124.254545, 7296.795238, 7249.437482 ] } ], "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." } } }