{ "ticker": { "uuid": "8ed85b70-b753-4c4e-abf6-860d0e74aa50", "symbol": "ISCD", "name": "Isracard Ltd.", "exchange": "TLV", "country": "IL", "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": "2026-09-04", "benchmark": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -46.843, "architecture_energy": 39.263, "architecture_maturity": 92.573, "architecture_confidence": 92.658, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 21.93, "rotation_up": 27.91, "upward_expansion": 19.67, "deceleration": 46.92, "rotation_down": 37.4, "downward_expansion": 69.67 }, "activity_lines": [ 112040.0, 109925.454545, 114416.666667, 122095.913978 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 116700.0, "trend_reference": 132563.333333, "distance_from_trend": -0.119666, "trend_direction": "Weakening", "fair_value": 142476.3228, "distance_from_fair_value": -0.180917, "fair_value_direction": "Weakening", "relative_strength": -22.949681, "relative_strength_direction": "Improving", "price_momentum": -0.278739, "excess_performance": -0.257255, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.119666, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.098965, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.180917, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.048713, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.229497, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.068014, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.278739, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.755206, "read": "Supply-led" } ], "volume": { "latest": 5771003, "relative_activity": 1.231291, "balance": 0.755206, "dry_up": 1.738694, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.062026, "annualized_volatility": 0.316967, "from_high_reference": -0.318341, "from_low_reference": 0.163509 }, "levels": { "trend_reference": 132563.333333, "fair_value_reference": 142476.3228, "structural_low": 100300.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.001474, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.000405, "regime_survival": 0.833333, "best_return": 0.157952, "worst_return": -0.230008, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.007326, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.074209, "regime_survival": 0.571429, "best_return": 0.201476, "worst_return": -0.195783, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.046748, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.138167, "regime_survival": 0.0, "best_return": 0.192674, "worst_return": -0.157296, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.050527, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.257822, "regime_survival": 0.333333, "best_return": 0.243339, "worst_return": -0.186813, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-27", "end": "2023-11-03", "tenure": "New", "return": -0.031705, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-10", "end": "2024-03-15", "tenure": "Established", "return": -0.011152, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-22", "end": "2024-03-29", "tenure": "New", "return": 0.103311, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2024-04-05", "end": "2024-05-03", "tenure": "Developing", "return": -0.088028, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-10-25", "tenure": "Established", "return": 0.041877, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-06-13", "tenure": "Extended", "return": 0.12374, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.201923, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-07-18", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": -0.054983, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-12-05", "tenure": "Established", "return": 0.060073, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-12-12", "end": "2026-02-06", "tenure": "Developing", "return": 0.042757, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.124551, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-05-29", "tenure": "Developing", "return": -0.124232, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-09-04", "tenure": "Established", "return": -0.075277, "active": true } ], "chart_path": [ { "date": "2023-09-15", "close": 151843.2617, "volume": 1520499, "typical_volume": 1623129.4, "trend": 143672.76659, "fair_value": 122982.185032, "relative_strength": 17.716892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.401402, "energy": 77.266042, "activity_lines": [ 150662.005347, 148850.361009, 148040.674917, 146852.809652 ] }, { "date": "2023-09-22", "close": 153587.4735, "volume": 592228, "typical_volume": 1448657.2, "trend": 144654.640697, "fair_value": 123471.201963, "relative_strength": 16.995758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.319305, "energy": 82.437528, "activity_lines": [ 151875.56492, 149897.032958, 148604.120184, 147492.468162 ] }, { "date": "2023-09-29", "close": 152618.4722, "volume": 514809, "typical_volume": 1398355.7, "trend": 145619.995623, "fair_value": 123936.329397, "relative_strength": 16.230554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.011035, "energy": 76.122404, "activity_lines": [ 152340.688053, 150649.757165, 149040.339579, 148006.263743 ] }, { "date": "2023-10-06", "close": 153587.4735, "volume": 462380, "typical_volume": 1364718.05, "trend": 146497.717263, "fair_value": 124366.202118, "relative_strength": 16.793909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.434744, "energy": 73.086797, "activity_lines": [ 152947.930753, 151490.681444, 149547.622621, 148520.294574 ] }, { "date": "2023-10-13", "close": 149711.4565, "volume": 1508199, "typical_volume": 1366956.25, "trend": 147220.989033, "fair_value": 124742.160746, "relative_strength": 20.436524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.935719, "energy": 45.817462, "activity_lines": [ 151985.386787, 151467.398205, 149659.469541, 148727.632589 ] }, { "date": "2023-10-20", "close": 144381.9258, "volume": 1164269, "typical_volume": 1327052.65, "trend": 147337.149677, "fair_value": 125102.404897, "relative_strength": 18.101672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.928351, "energy": 9.949155, "activity_lines": [ 149356.152893, 150358.297838, 149249.535172, 148544.467219 ] }, { "date": "2023-10-27", "close": 113083.0208, "volume": 3915078, "typical_volume": 1473351.8, "trend": 146327.169787, "fair_value": 125256.023528, "relative_strength": -4.277527, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -60.302577, "energy": 60.476139, "activity_lines": [ 136791.37306, 143580.287522, 145874.476293, 146334.523421 ] }, { "date": "2023-11-03", "close": 109497.7019, "volume": 9399532, "typical_volume": 1880578.15, "trend": 145165.817023, "fair_value": 125391.998324, "relative_strength": -12.066286, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.962972, "energy": 96.660059, "activity_lines": [ 125731.783773, 136770.817635, 142325.000336, 143958.428718 ] }, { "date": "2023-11-10", "close": 130331.3361, "volume": 3515856, "typical_volume": 2025925.65, "trend": 144743.52673, "fair_value": 125625.335539, "relative_strength": 2.905573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.861577, "energy": 86.560609, "activity_lines": [ 124491.45724, 134483.964098, 140939.243023, 143001.365433 ] }, { "date": "2023-11-17", "close": 140021.3963, "volume": 1863363, "typical_volume": 2064373.6, "trend": 144695.218733, "fair_value": 125897.059638, "relative_strength": 8.542018, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.110732, "energy": 80.488907, "activity_lines": [ 128031.559933, 134306.020096, 140554.883101, 142696.711857 ] }, { "date": "2023-11-24", "close": 141281.0956, "volume": 763523, "typical_volume": 2053178.4, "trend": 144717.5772, "fair_value": 126138.299281, "relative_strength": 4.305487, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.364747, "energy": 47.149261, "activity_lines": [ 132637.566407, 134563.246236, 140327.437717, 142476.445848 ] }, { "date": "2023-12-01", "close": 141184.2002, "volume": 1165310, "typical_volume": 2080742.7, "trend": 144548.715003, "fair_value": 126414.511167, "relative_strength": 4.981272, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.941768, "energy": 24.883303, "activity_lines": [ 137417.996427, 134994.894415, 140123.984736, 142248.486042 ] }, { "date": "2023-12-08", "close": 143412.9127, "volume": 785786, "typical_volume": 2047147.0, "trend": 144390.41835, "fair_value": 126697.890984, "relative_strength": 4.374192, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.603206, "energy": 26.616792, "activity_lines": [ 141067.918653, 136057.277107, 140161.0099, 142175.208474 ] }, { "date": "2023-12-15", "close": 121610.2772, "volume": 5511281, "typical_volume": 2240921.85, "trend": 143508.553327, "fair_value": 126843.289953, "relative_strength": -12.769134, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.309845, "energy": 26.650965, "activity_lines": [ 135189.28166, 133322.918064, 138142.386685, 140705.521948 ] }, { "date": "2023-12-22", "close": 128393.3098, "volume": 2214986, "typical_volume": 2110958.45, "trend": 142897.396997, "fair_value": 127060.644578, "relative_strength": -9.616515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.511829, "energy": 31.606157, "activity_lines": [ 132153.05946, 132403.241244, 136880.271113, 139730.344946 ] }, { "date": "2023-12-29", "close": 124420.3856, "volume": 1722792, "typical_volume": 2131730.4, "trend": 142121.947227, "fair_value": 127214.565551, "relative_strength": -12.837227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.657758, "energy": 44.670743, "activity_lines": [ 128567.73496, 131148.817236, 135310.703291, 138538.279695 ] }, { "date": "2024-01-05", "close": 131687.9308, "volume": 1163494, "typical_volume": 2100799.8, "trend": 141572.817843, "fair_value": 127374.734265, "relative_strength": -9.178703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.978993, "energy": 45.005701, "activity_lines": [ 128528.97286, 131578.702178, 134534.047121, 137865.117345 ] }, { "date": "2024-01-12", "close": 128393.3098, "volume": 1073551, "typical_volume": 2079054.25, "trend": 140945.73039, "fair_value": 127471.664892, "relative_strength": -10.837381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.47488, "energy": 38.237771, "activity_lines": [ 128025.088387, 131071.294029, 133517.512774, 137014.826503 ] }, { "date": "2024-01-19", "close": 125970.8066, "volume": 914505, "typical_volume": 2063242.8, "trend": 140250.637807, "fair_value": 127521.625817, "relative_strength": -11.670192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.924007, "energy": 36.908856, "activity_lines": [ 127715.009707, 129779.874245, 132372.70169, 136048.702388 ] }, { "date": "2024-01-26", "close": 126552.2027, "volume": 6786967, "typical_volume": 2327920.4, "trend": 139543.06246, "fair_value": 127594.296879, "relative_strength": -10.841399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.126427, "energy": 34.003628, "activity_lines": [ 127308.027767, 128673.445198, 131394.928101, 135164.932381 ] }, { "date": "2024-02-02", "close": 125970.8066, "volume": 5985135, "typical_volume": 2551152.2, "trend": 138800.175733, "fair_value": 127678.664723, "relative_strength": -10.98965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.388251, "energy": 36.186022, "activity_lines": [ 126829.9876, 127706.202198, 130479.909923, 134289.302971 ] }, { "date": "2024-02-09", "close": 127618.1112, "volume": 2430033, "typical_volume": 2643042.45, "trend": 138150.434083, "fair_value": 127805.032902, "relative_strength": -10.505773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.835881, "energy": 39.854289, "activity_lines": [ 126797.687567, 127316.838016, 129844.980065, 133567.879452 ] }, { "date": "2024-02-16", "close": 124614.1882, "volume": 2363911, "typical_volume": 2735497.55, "trend": 137378.258253, "fair_value": 127926.975728, "relative_strength": -13.966447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.654402, "energy": 44.911627, "activity_lines": [ 126035.401173, 126627.96218, 129047.625932, 132694.573266 ] }, { "date": "2024-02-23", "close": 124614.1882, "volume": 2443600, "typical_volume": 2834558.55, "trend": 136704.856857, "fair_value": 128052.477897, "relative_strength": -16.197514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.501881, "energy": 38.813084, "activity_lines": [ 125525.05622, 126280.881335, 128383.625533, 131871.084876 ] }, { "date": "2024-03-01", "close": 135467.0524, "volume": 1531173, "typical_volume": 2835707.25, "trend": 136444.19789, "fair_value": 128247.54971, "relative_strength": -10.391698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.976687, "energy": 15.074799, "activity_lines": [ 128722.773893, 127852.431962, 128891.199273, 131791.226524 ] }, { "date": "2024-03-08", "close": 131397.2328, "volume": 1104025, "typical_volume": 2832695.05, "trend": 135971.40803, "fair_value": 128396.363463, "relative_strength": -12.677521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.086871, "energy": 15.106459, "activity_lines": [ 129969.56172, 128555.401887, 129079.001642, 131465.615873 ] }, { "date": "2024-03-15", "close": 128877.8223, "volume": 1159903, "typical_volume": 2694936.3, "trend": 135360.470993, "fair_value": 128551.569517, "relative_strength": -11.712316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.901207, "energy": 17.292831, "activity_lines": [ 130014.7843, 128673.445409, 129088.692025, 131007.965181 ] }, { "date": "2024-03-22", "close": 133916.6432, "volume": 1368878, "typical_volume": 2293403.6, "trend": 134827.517127, "fair_value": 128737.296142, "relative_strength": -12.426633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.1916, "energy": 14.230169, "activity_lines": [ 131655.633107, 129758.731067, 129503.056773, 130914.815 ] }, { "date": "2024-03-29", "close": 147751.732, "volume": 6413944, "typical_volume": 2438308.0, "trend": 134771.88291, "fair_value": 128987.980273, "relative_strength": -3.906845, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.425841, "energy": 45.949173, "activity_lines": [ 137288.014513, 133259.063173, 131118.768352, 131748.635315 ] }, { "date": "2024-04-05", "close": 139871.6368, "volume": 2800554, "typical_volume": 2485167.55, "trend": 134388.978767, "fair_value": 129170.354326, "relative_strength": -6.464992, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.08227, "energy": 47.576702, "activity_lines": [ 138751.1946, 134930.633871, 131901.040409, 132077.651695 ] }, { "date": "2024-04-12", "close": 136128.5969, "volume": 1836692, "typical_volume": 2538826.0, "trend": 133865.156607, "fair_value": 129310.344626, "relative_strength": -8.132181, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.436275, "energy": 47.570104, "activity_lines": [ 138673.05576, 135679.480331, 132327.545615, 132189.885123 ] }, { "date": "2024-04-19", "close": 139576.1371, "volume": 1117481, "typical_volume": 2536434.55, "trend": 133398.11206, "fair_value": 129481.332867, "relative_strength": -4.560397, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.481957, "energy": 49.301994, "activity_lines": [ 139428.672713, 136870.465185, 133106.923691, 132558.335477 ] }, { "date": "2024-04-26", "close": 140856.6517, "volume": 474559, "typical_volume": 2520873.2, "trend": 133006.051377, "fair_value": 129663.49569, "relative_strength": -4.129315, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.900027, "energy": 44.767935, "activity_lines": [ 139897.90688, 138076.852224, 134015.912982, 133039.531583 ] }, { "date": "2024-05-03", "close": 127558.9984, "volume": 11553924, "typical_volume": 2823005.35, "trend": 132138.43554, "fair_value": 129763.976491, "relative_strength": -13.486071, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 23.248715, "energy": 12.972799, "activity_lines": [ 135471.922713, 136570.166598, 133670.631773, 132688.10881 ] }, { "date": "2024-05-10", "close": 136424.0966, "volume": 3621693, "typical_volume": 2893340.7, "trend": 131695.523543, "fair_value": 129921.284844, "relative_strength": -10.110899, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.657366, "energy": 16.061674, "activity_lines": [ 135347.15352, 136621.775005, 134141.318387, 132964.603072 ] }, { "date": "2024-05-17", "close": 129233.5166, "volume": 733554, "typical_volume": 2843878.8, "trend": 131190.57657, "fair_value": 129975.550378, "relative_strength": -13.597481, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.304789, "energy": 14.186511, "activity_lines": [ 133055.36034, 135348.604427, 133888.946016, 132805.763915 ] }, { "date": "2024-05-24", "close": 123126.4433, "volume": 2716048, "typical_volume": 2921506.5, "trend": 131525.35732, "fair_value": 129987.701921, "relative_strength": -16.663603, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.105881, "energy": 25.402795, "activity_lines": [ 129187.54808, 133004.39718, 133032.027945, 132285.497252 ] }, { "date": "2024-05-31", "close": 126278.4839, "volume": 1519814, "typical_volume": 2943819.65, "trend": 132084.71672, "fair_value": 130014.719946, "relative_strength": -15.387004, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.450046, "energy": 30.795065, "activity_lines": [ 127467.062273, 131337.858751, 132516.073205, 131946.989289 ] }, { "date": "2024-06-07", "close": 123126.4433, "volume": 3078870, "typical_volume": 3052037.9, "trend": 131844.553627, "fair_value": 129994.244279, "relative_strength": -15.632269, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.439277, "energy": 51.007606, "activity_lines": [ 125667.77412, 129237.097655, 131709.994721, 131369.036166 ] }, { "date": "2024-06-14", "close": 132779.5606, "volume": 1892134, "typical_volume": 2807296.25, "trend": 131603.159103, "fair_value": 130070.647748, "relative_strength": -9.694855, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.951187, "energy": 30.758205, "activity_lines": [ 127381.695407, 129339.181316, 131836.80533, 131429.359196 ] }, { "date": "2024-06-21", "close": 126179.98, "volume": 2005534, "typical_volume": 2608316.2, "trend": 131099.788583, "fair_value": 130104.746213, "relative_strength": -12.937113, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.552306, "energy": 21.85328, "activity_lines": [ 127138.72556, 128370.288073, 131305.430368, 131079.476673 ] }, { "date": "2024-06-28", "close": 124012.9544, "volume": 806197, "typical_volume": 2527124.4, "trend": 130527.413723, "fair_value": 130128.512833, "relative_strength": -14.282885, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.255374, "energy": 23.376054, "activity_lines": [ 126376.982953, 127188.274118, 130566.675951, 130622.261565 ] }, { "date": "2024-07-05", "close": 128938.0169, "volume": 733043, "typical_volume": 2445581.0, "trend": 130044.917197, "fair_value": 130227.748724, "relative_strength": -12.222787, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.910366, "energy": 10.413728, "activity_lines": [ 127197.827107, 127184.693031, 130314.142519, 130519.719834 ] }, { "date": "2024-07-12", "close": 135143.582, "volume": 1483669, "typical_volume": 2397584.45, "trend": 130496.027357, "fair_value": 130374.475754, "relative_strength": -9.946131, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.78358, "energy": 5.444677, "activity_lines": [ 129909.89076, 128526.098958, 130632.025627, 130848.665951 ] }, { "date": "2024-07-19", "close": 137113.6118, "volume": 753390, "typical_volume": 2358695.3, "trend": 130786.70409, "fair_value": 130526.119304, "relative_strength": -7.208042, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.600137, "energy": 16.145913, "activity_lines": [ 132477.488433, 130087.790602, 131087.39065, 131275.606882 ] }, { "date": "2024-07-26", "close": 133961.5713, "volume": 1413899, "typical_volume": 2374189.0, "trend": 131104.743613, "fair_value": 130649.252331, "relative_strength": -9.135509, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.206721, "energy": 18.367898, "activity_lines": [ 133705.469193, 131063.847333, 131234.72058, 131480.437025 ] }, { "date": "2024-08-02", "close": 128051.5059, "volume": 1781345, "typical_volume": 2405261.1, "trend": 130983.52945, "fair_value": 130729.754604, "relative_strength": -10.084079, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.730329, "energy": 14.871571, "activity_lines": [ 132444.6554, 130879.382087, 130806.976003, 131283.453947 ] }, { "date": "2024-08-09", "close": 129627.5201, "volume": 1003838, "typical_volume": 2387009.1, "trend": 131024.669793, "fair_value": 130801.969697, "relative_strength": -9.693105, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.123583, "energy": 8.959154, "activity_lines": [ 131439.942907, 130891.918285, 130533.262857, 131195.969472 ] }, { "date": "2024-08-16", "close": 128347.0056, "volume": 1342642, "typical_volume": 2133444.0, "trend": 131103.876427, "fair_value": 130819.111778, "relative_strength": -12.300036, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.87102, "energy": 16.903969, "activity_lines": [ 129962.425367, 130610.742098, 130158.020345, 131023.216944 ] }, { "date": "2024-08-23", "close": 127953.002, "volume": 1104568, "typical_volume": 2048644.7, "trend": 131150.569737, "fair_value": 130840.393798, "relative_strength": -11.948174, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.207485, "energy": 25.026449, "activity_lines": [ 128806.678387, 130163.009578, 129837.657139, 130819.934723 ] }, { "date": "2024-08-30", "close": 127066.491, "volume": 784333, "typical_volume": 1996026.75, "trend": 131187.09255, "fair_value": 130852.996213, "relative_strength": -13.834683, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.352058, "energy": 34.853141, "activity_lines": [ 127966.13506, 129641.848851, 129489.619718, 130556.445772 ] }, { "date": "2024-09-06", "close": 134257.071, "volume": 813832, "typical_volume": 1980844.3, "trend": 131408.39121, "fair_value": 130912.291487, "relative_strength": -7.573056, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.816661, "energy": 13.087843, "activity_lines": [ 129982.123753, 130411.947924, 129869.552325, 130754.508898 ] }, { "date": "2024-09-13", "close": 132484.0489, "volume": 1045880, "typical_volume": 2009410.35, "trend": 131670.7199, "fair_value": 130934.449327, "relative_strength": -7.566489, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -12.816105, "energy": 7.105887, "activity_lines": [ 130993.40074, 130673.422676, 130105.954571, 130823.906168 ] }, { "date": "2024-09-20", "close": 127558.9984, "volume": 1441670, "typical_volume": 1503797.65, "trend": 131768.88024, "fair_value": 130916.645493, "relative_strength": -7.623584, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.079145, "energy": 12.810271, "activity_lines": [ 130172.558973, 129974.960393, 129913.173925, 130558.633813 ] }, { "date": "2024-09-27", "close": 130809.5308, "volume": 631809, "typical_volume": 1354303.45, "trend": 131613.62952, "fair_value": 130948.44701, "relative_strength": -9.56711, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.71295, "energy": 13.31295, "activity_lines": [ 130487.76182, 130005.40552, 130029.967794, 130496.740301 ] }, { "date": "2024-10-04", "close": 135340.5898, "volume": 1220189, "typical_volume": 1378635.2, "trend": 131745.074753, "fair_value": 131036.863805, "relative_strength": -5.827658, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.422914, "energy": 17.92162, "activity_lines": [ 132122.882413, 130974.299211, 130605.027119, 130737.189351 ] }, { "date": "2024-10-11", "close": 137310.6076, "volume": 2173174, "typical_volume": 1351491.5, "trend": 132026.167597, "fair_value": 131118.729874, "relative_strength": -3.8732, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.488664, "energy": 34.564786, "activity_lines": [ 133863.06902, 132276.304893, 131338.625885, 131096.255987 ] }, { "date": "2024-10-18", "close": 137015.1079, "volume": 620473, "typical_volume": 1306524.45, "trend": 132129.449753, "fair_value": 131213.086017, "relative_strength": -5.446692, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.393793, "energy": 46.88474, "activity_lines": [ 135301.18662, 133356.236053, 131976.538184, 131418.123103 ] }, { "date": "2024-10-25", "close": 142137.1662, "volume": 1173873, "typical_volume": 1211274.6, "trend": 131942.29756, "fair_value": 131363.650404, "relative_strength": -2.611739, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.082898, "energy": 71.411176, "activity_lines": [ 138144.586387, 135233.130762, 133051.138778, 132063.782229 ] }, { "date": "2024-11-01", "close": 142826.6695, "volume": 1688320, "typical_volume": 1201083.9, "trend": 132040.79865, "fair_value": 131494.660823, "relative_strength": -4.292465, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.999604, "energy": 76.377872, "activity_lines": [ 140245.942733, 136984.659515, 134100.8791, 132765.999773 ] }, { "date": "2024-11-08", "close": 136916.604, "volume": 4708027, "typical_volume": 1336208.55, "trend": 132067.065553, "fair_value": 131579.395369, "relative_strength": -8.933571, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.279013, "energy": 68.075325, "activity_lines": [ 139576.134667, 137391.200585, 134539.912667, 133080.56786 ] }, { "date": "2024-11-15", "close": 139379.1293, "volume": 3339252, "typical_volume": 1462861.3, "trend": 132060.498627, "fair_value": 131669.126906, "relative_strength": -8.313765, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.129923, "energy": 62.159218, "activity_lines": [ 139622.100753, 138066.380565, 135162.345671, 133552.313908 ] }, { "date": "2024-11-22", "close": 141841.6666, "volume": 3273838, "typical_volume": 1589901.05, "trend": 132093.332457, "fair_value": 131762.057756, "relative_strength": -5.909511, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.545907, "energy": 47.658605, "activity_lines": [ 140351.01116, 139096.166267, 135946.133776, 134183.357003 ] }, { "date": "2024-11-29", "close": 144796.6993, "volume": 2503938, "typical_volume": 1640914.5, "trend": 132667.922487, "fair_value": 131848.159215, "relative_strength": -3.583841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.020113, "energy": 46.265028, "activity_lines": [ 141743.161887, 140493.092138, 136949.907615, 135002.929058 ] }, { "date": "2024-12-06", "close": 147554.7242, "volume": 2192613, "typical_volume": 1712875.65, "trend": 133038.943407, "fair_value": 131938.155342, "relative_strength": -3.894918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.450179, "energy": 65.988084, "activity_lines": [ 143877.35204, 142078.064338, 138170.383268, 135963.367878 ] }, { "date": "2024-12-13", "close": 155237.8237, "volume": 5493771, "typical_volume": 1916869.25, "trend": 133905.753643, "fair_value": 132036.047175, "relative_strength": 0.657844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.345197, "energy": 85.085153, "activity_lines": [ 148257.371713, 144755.505658, 140072.863099, 137395.553703 ] }, { "date": "2024-12-20", "close": 155336.3156, "volume": 3207307, "typical_volume": 1988167.35, "trend": 134979.416053, "fair_value": 132120.785388, "relative_strength": -0.538324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.429062, "energy": 89.434035, "activity_lines": [ 151448.807373, 147089.086707, 141883.407624, 138778.170604 ] }, { "date": "2024-12-27", "close": 159079.3674, "volume": 2180837, "typical_volume": 2047017.3, "trend": 136072.778837, "fair_value": 132220.527288, "relative_strength": 1.207648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.331756, "energy": 91.889546, "activity_lines": [ 154824.114547, 149775.482484, 143920.505607, 140333.006175 ] }, { "date": "2025-01-03", "close": 157601.8451, "volume": 2171434, "typical_volume": 2088456.9, "trend": 137221.958897, "fair_value": 132223.892606, "relative_strength": -1.024707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.879925, "energy": 88.274654, "activity_lines": [ 156557.734233, 151792.069487, 145676.640289, 141721.978192 ] }, { "date": "2025-01-10", "close": 157306.3454, "volume": 3988587, "typical_volume": 2232657.85, "trend": 138039.51839, "fair_value": 132153.442038, "relative_strength": -2.524632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.268456, "energy": 83.277524, "activity_lines": [ 157339.177633, 153473.753293, 147265.323383, 143017.745063 ] }, { "date": "2025-01-17", "close": 159374.8671, "volume": 2740952, "typical_volume": 2330488.8, "trend": 139146.014627, "fair_value": 132108.238154, "relative_strength": -4.031833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.30447, "energy": 68.993821, "activity_lines": [ 158160.020187, 155268.265118, 148911.230718, 144394.219173 ] }, { "date": "2025-01-24", "close": 158882.3597, "volume": 1428289, "typical_volume": 2361211.65, "trend": 140308.328137, "fair_value": 132083.25171, "relative_strength": -3.86289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.283209, "energy": 62.612955, "activity_lines": [ 158540.890713, 156564.898087, 150356.383176, 145667.531758 ] }, { "date": "2025-01-31", "close": 162428.4037, "volume": 1976189, "typical_volume": 2407727.1, "trend": 141424.674363, "fair_value": 132057.621779, "relative_strength": 1.141671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.684991, "energy": 65.109112, "activity_lines": [ 159867.372967, 158151.66214, 152021.99083, 147094.633408 ] }, { "date": "2025-02-07", "close": 164201.4258, "volume": 5744189, "typical_volume": 2622853.05, "trend": 142393.269157, "fair_value": 132049.35084, "relative_strength": -0.056446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.434187, "energy": 66.596858, "activity_lines": [ 161561.5935, 159686.489536, 153713.865567, 148564.101242 ] }, { "date": "2025-02-14", "close": 164595.4293, "volume": 1778712, "typical_volume": 2680198.2, "trend": 143309.32974, "fair_value": 132058.589264, "relative_strength": 0.569132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.118231, "energy": 69.786703, "activity_lines": [ 162947.176487, 160940.140724, 155268.776697, 149996.498671 ] }, { "date": "2025-02-21", "close": 171392.0058, "volume": 5424466, "typical_volume": 2890412.05, "trend": 144557.01089, "fair_value": 132150.353049, "relative_strength": 3.992612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.875066, "energy": 87.780932, "activity_lines": [ 166112.346047, 163119.702091, 157310.095596, 151808.284223 ] }, { "date": "2025-02-28", "close": 171687.5175, "volume": 1815272, "typical_volume": 2872516.95, "trend": 146011.54461, "fair_value": 132253.600698, "relative_strength": 6.070097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.664335, "energy": 88.745771, "activity_lines": [ 168574.876927, 165059.280456, 159207.885057, 153558.639488 ] }, { "date": "2025-03-07", "close": 169421.988, "volume": 1147234, "typical_volume": 2898855.0, "trend": 147338.026873, "fair_value": 132369.29628, "relative_strength": 4.751072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.25821, "energy": 78.982787, "activity_lines": [ 169428.55412, 166289.649787, 160726.210233, 155068.990675 ] }, { "date": "2025-03-14", "close": 172278.5168, "volume": 4093221, "typical_volume": 3044822.4, "trend": 148802.41058, "fair_value": 132503.902342, "relative_strength": 4.649288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.209168, "energy": 81.948754, "activity_lines": [ 170768.168627, 167851.340344, 162362.267294, 156678.054541 ] }, { "date": "2025-03-21", "close": 167600.0, "volume": 2433906, "typical_volume": 3082101.7, "trend": 150123.97718, "fair_value": 132591.13684, "relative_strength": 2.20111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.618213, "energy": 62.193499, "activity_lines": [ 170009.8048, 168295.542905, 163409.221085, 157890.802246 ] }, { "date": "2025-03-28", "close": 166300.0, "volume": 1435011, "typical_volume": 2918450.9, "trend": 151431.760813, "fair_value": 132709.594965, "relative_strength": 3.269861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.84593, "energy": 53.543255, "activity_lines": [ 168617.802927, 168316.224475, 164214.397112, 158934.416621 ] }, { "date": "2025-04-04", "close": 169000.0, "volume": 1296324, "typical_volume": 2816304.5, "trend": 152589.858447, "fair_value": 132783.028536, "relative_strength": 5.587809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.176803, "energy": 45.193841, "activity_lines": [ 168465.268107, 168701.903627, 165136.795063, 160067.851407 ] }, { "date": "2025-04-11", "close": 169400.0, "volume": 1236454, "typical_volume": 2714435.3, "trend": 153820.39015, "fair_value": 132845.84063, "relative_strength": 7.197216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.450897, "energy": 37.505968, "activity_lines": [ 168625.234453, 168976.352956, 165956.236487, 161152.376669 ] }, { "date": "2025-04-18", "close": 176000.0, "volume": 588299, "typical_volume": 2618653.35, "trend": 155435.090203, "fair_value": 132907.208112, "relative_strength": 8.187074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.360428, "energy": 52.813778, "activity_lines": [ 170986.666667, 170324.045989, 167273.01918, 162583.31924 ] }, { "date": "2025-04-25", "close": 172300.0, "volume": 1269037, "typical_volume": 2572474.55, "trend": 156818.105843, "fair_value": 132998.798906, "relative_strength": 5.359624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.237332, "energy": 47.431506, "activity_lines": [ 171866.666667, 170784.492218, 168088.833775, 163671.377936 ] }, { "date": "2025-05-02", "close": 171400.0, "volume": 423409, "typical_volume": 2318956.45, "trend": 158020.086183, "fair_value": 133139.760381, "relative_strength": 4.27902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.8597, "energy": 45.438123, "activity_lines": [ 172133.333333, 170941.21898, 168701.099438, 164612.145301 ] }, { "date": "2025-05-09", "close": 174000.0, "volume": 4079777, "typical_volume": 2362579.95, "trend": 159243.06593, "fair_value": 133322.561107, "relative_strength": 1.177272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.534609, "energy": 46.376668, "activity_lines": [ 172926.666667, 171570.527665, 169484.021403, 165643.107483 ] }, { "date": "2025-05-16", "close": 175100.0, "volume": 2013520, "typical_volume": 2354214.1, "trend": 160512.562333, "fair_value": 133522.002601, "relative_strength": 2.031392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.699733, "energy": 42.804476, "activity_lines": [ 173753.333333, 172357.791215, 170282.830586, 166666.135488 ] }, { "date": "2025-05-23", "close": 168400.0, "volume": 1638909, "typical_volume": 2327587.85, "trend": 161387.990127, "fair_value": 133738.430103, "relative_strength": -0.592934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.655471, "energy": 30.752599, "activity_lines": [ 171966.666667, 171823.636364, 170367.255804, 167175.002434 ] }, { "date": "2025-05-30", "close": 165900.0, "volume": 1477595, "typical_volume": 2202038.25, "trend": 162157.101143, "fair_value": 133953.815665, "relative_strength": -5.928913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.319364, "energy": 16.161191, "activity_lines": [ 169853.333333, 170905.454545, 170162.165999, 167466.099845 ] }, { "date": "2025-06-06", "close": 166400.0, "volume": 796018, "typical_volume": 2104791.55, "trend": 163139.88101, "fair_value": 134196.380217, "relative_strength": -6.742344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.98188, "energy": 13.88447, "activity_lines": [ 168333.333333, 170109.090909, 169963.773077, 167739.835255 ] }, { "date": "2025-06-13", "close": 160500.0, "volume": 1243103, "typical_volume": 2095532.25, "trend": 163843.910033, "fair_value": 134444.277163, "relative_strength": -8.48996, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -6.296809, "energy": 18.394364, "activity_lines": [ 165180.0, 168238.181818, 169170.022379, 167569.520351 ] }, { "date": "2025-06-20", "close": 166400.0, "volume": 1465690, "typical_volume": 2070007.3, "trend": 164662.521147, "fair_value": 134753.968557, "relative_strength": -9.677657, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.177051, "energy": 17.719497, "activity_lines": [ 164893.333333, 167594.545455, 168930.473393, 167734.429381 ] }, { "date": "2025-06-27", "close": 170600.0, "volume": 1781156, "typical_volume": 1871855.65, "trend": 165522.63117, "fair_value": 135101.371309, "relative_strength": -9.534806, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.636072, "energy": 14.456921, "activity_lines": [ 166586.666667, 167769.090909, 169072.012045, 168117.492533 ] }, { "date": "2025-07-04", "close": 177300.0, "volume": 2380514, "typical_volume": 1901945.75, "trend": 166514.140363, "fair_value": 135521.690179, "relative_strength": -9.656089, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.662773, "energy": 19.639499, "activity_lines": [ 170366.666667, 169260.0, 169821.176533, 168877.32278 ] }, { "date": "2025-07-11", "close": 200000.0, "volume": 5618435, "typical_volume": 1911644.2, "trend": 168006.212907, "fair_value": 136089.919169, "relative_strength": 0.961851, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 83.924512, "energy": 74.347952, "activity_lines": [ 180953.333333, 174787.272727, 172671.747828, 171037.700821 ] }, { "date": "2025-07-18", "close": 210700.0, "volume": 6896459, "typical_volume": 2165703.55, "trend": 169851.669053, "fair_value": 136857.695226, "relative_strength": 7.980974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.225897, "energy": 90.645547, "activity_lines": [ 192866.666667, 181740.0, 176405.138198, 173792.138698 ] }, { "date": "2025-07-25", "close": 145500.0, "volume": 6579074, "typical_volume": 2437295.55, "trend": 169399.023473, "fair_value": 137161.073228, "relative_strength": -25.720115, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 25.330819, "energy": 32.328773, "activity_lines": [ 179700.0, 176170.909091, 173743.231032, 172221.063275 ] }, { "date": "2025-08-01", "close": 139400.0, "volume": 16231650, "typical_volume": 3044217.0, "trend": 168792.295303, "fair_value": 137440.332292, "relative_strength": -27.964953, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -26.611387, "energy": 17.350322, "activity_lines": [ 165893.333333, 170030.909091, 170614.285714, 170285.642406 ] }, { "date": "2025-08-08", "close": 134000.0, "volume": 5713830, "typical_volume": 3208213.2, "trend": 168015.417123, "fair_value": 137661.002037, "relative_strength": -28.48233, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.971457, "energy": 44.084659, "activity_lines": [ 152366.666667, 163436.363636, 167127.619048, 168040.978193 ] }, { "date": "2025-08-15", "close": 137500.0, "volume": 3579303, "typical_volume": 3315427.8, "trend": 167286.254887, "fair_value": 137867.482518, "relative_strength": -27.03853, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.408952, "energy": 60.484441, "activity_lines": [ 142893.333333, 158058.181818, 164134.285714, 166072.241605 ] }, { "date": "2025-08-22", "close": 136500.0, "volume": 2417248, "typical_volume": 3371474.0, "trend": 166540.17623, "fair_value": 138062.090181, "relative_strength": -27.962366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.143231, "energy": 81.186121, "activity_lines": [ 137253.333333, 153023.636364, 161182.857143, 164086.031612 ] }, { "date": "2025-08-29", "close": 134600.0, "volume": 2347942, "typical_volume": 3427048.4, "trend": 165612.562773, "fair_value": 138250.587919, "relative_strength": -30.30384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.407495, "energy": 81.181902, "activity_lines": [ 135926.666667, 148080.0, 158205.238095, 162025.375081 ] }, { "date": "2025-09-05", "close": 134500.0, "volume": 2728571, "typical_volume": 3534062.0, "trend": 164622.515247, "fair_value": 138487.607617, "relative_strength": -29.342967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.451255, "energy": 74.402567, "activity_lines": [ 135293.333333, 143696.363636, 155383.809524, 160018.112966 ] }, { "date": "2025-09-12", "close": 137100.0, "volume": 2917257, "typical_volume": 3616473.0, "trend": 163706.000937, "fair_value": 138738.866126, "relative_strength": -28.597978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.479098, "energy": 52.177635, "activity_lines": [ 135853.333333, 140441.818182, 153007.619048, 158242.466822 ] }, { "date": "2025-09-19", "close": 130300.0, "volume": 3894687, "typical_volume": 3790036.9, "trend": 162336.26741, "fair_value": 138965.350433, "relative_strength": -30.089815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.438693, "energy": 52.271861, "activity_lines": [ 133940.0, 136681.818182, 150151.428571, 156087.240955 ] }, { "date": "2025-09-26", "close": 127600.0, "volume": 1199943, "typical_volume": 3646045.2, "trend": 160866.683493, "fair_value": 139188.486917, "relative_strength": -31.395289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.986865, "energy": 52.431092, "activity_lines": [ 131606.666667, 133698.181818, 147233.809524, 153846.191444 ] }, { "date": "2025-10-03", "close": 133800.0, "volume": 2880547, "typical_volume": 3689396.55, "trend": 159679.283893, "fair_value": 139446.450684, "relative_strength": -31.273021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.524325, "energy": 47.361559, "activity_lines": [ 131933.333333, 133352.727273, 145127.619048, 152099.9538 ] }, { "date": "2025-10-10", "close": 141300.0, "volume": 1987660, "typical_volume": 3706834.1, "trend": 158646.666667, "fair_value": 139752.552082, "relative_strength": -28.596279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.357532, "energy": 39.271985, "activity_lines": [ 134813.333333, 134583.636364, 143932.380952, 150914.193548 ] }, { "date": "2025-10-17", "close": 140700.0, "volume": 2723706, "typical_volume": 3769139.65, "trend": 157750.0, "fair_value": 140032.957078, "relative_strength": -26.998476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.921794, "energy": 32.434889, "activity_lines": [ 137040.0, 135670.909091, 142809.047619, 149756.344086 ] }, { "date": "2025-10-24", "close": 139000.0, "volume": 6118287, "typical_volume": 4035253.1, "trend": 156840.0, "fair_value": 140286.683878, "relative_strength": -27.088813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.020911, "energy": 45.967244, "activity_lines": [ 138460.0, 136327.272727, 141643.809524, 148546.666667 ] }, { "date": "2025-10-31", "close": 138900.0, "volume": 3276906, "typical_volume": 4136943.25, "trend": 155836.666667, "fair_value": 140536.734871, "relative_strength": -28.277879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.970795, "energy": 40.204281, "activity_lines": [ 139266.666667, 136938.181818, 140599.52381, 147389.247312 ] }, { "date": "2025-11-07", "close": 137800.0, "volume": 9123320, "typical_volume": 4519824.75, "trend": 154783.333333, "fair_value": 140756.670554, "relative_strength": -29.720026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.943861, "energy": 39.074847, "activity_lines": [ 138953.333333, 137305.454545, 139553.333333, 146225.591398 ] }, { "date": "2025-11-14", "close": 140600.0, "volume": 2642749, "typical_volume": 4562904.4, "trend": 153603.333333, "fair_value": 141058.284772, "relative_strength": -29.873594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.388982, "energy": 34.506063, "activity_lines": [ 139306.666667, 138123.636364, 138910.0, 145310.537634 ] }, { "date": "2025-11-21", "close": 135500.0, "volume": 3710134, "typical_volume": 4629385.4, "trend": 152376.666667, "fair_value": 141263.476866, "relative_strength": -30.396223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.101125, "energy": 36.623812, "activity_lines": [ 138006.666667, 137903.636364, 137923.809524, 144142.580645 ] }, { "date": "2025-11-28", "close": 140200.0, "volume": 2271103, "typical_volume": 4462018.8, "trend": 151336.666667, "fair_value": 141477.553769, "relative_strength": -28.107289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.667157, "energy": 26.694037, "activity_lines": [ 138620.0, 138567.272727, 137584.285714, 143356.989247 ] }, { "date": "2025-12-05", "close": 144700.0, "volume": 3789882, "typical_volume": 4306689.95, "trend": 150360.0, "fair_value": 141739.292366, "relative_strength": -27.711003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.551114, "energy": 12.634503, "activity_lines": [ 140653.333333, 139869.090909, 137958.095238, 142928.817204 ] }, { "date": "2025-12-12", "close": 156700.0, "volume": 7260568, "typical_volume": 4340764.65, "trend": 149746.666667, "fair_value": 142107.087705, "relative_strength": -23.815961, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 22.857679, "energy": 28.870922, "activity_lines": [ 146300.0, 143041.818182, 139789.047619, 143337.849462 ] }, { "date": "2025-12-19", "close": 152500.0, "volume": 4594773, "typical_volume": 3758920.8, "trend": 149216.666667, "fair_value": 142446.74604, "relative_strength": -25.856381, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.439868, "energy": 50.933117, "activity_lines": [ 149286.666667, 145034.545455, 141166.666667, 143515.483871 ] }, { "date": "2025-12-26", "close": 151500.0, "volume": 1981059, "typical_volume": 3572282.25, "trend": 148736.666667, "fair_value": 142797.595695, "relative_strength": -24.509821, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.038697, "energy": 55.6286, "activity_lines": [ 151146.666667, 146641.818182, 142386.666667, 143662.795699 ] }, { "date": "2026-01-02", "close": 158500.0, "volume": 2691897, "typical_volume": 3527911.95, "trend": 148473.333333, "fair_value": 143170.253006, "relative_strength": -22.386246, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.691988, "energy": 69.845363, "activity_lines": [ 154273.333333, 149325.454545, 144190.0, 144292.688172 ] }, { "date": "2026-01-09", "close": 155900.0, "volume": 2728848, "typical_volume": 3543491.95, "trend": 148320.0, "fair_value": 143401.211648, "relative_strength": -26.264303, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.259158, "energy": 68.258421, "activity_lines": [ 155313.333333, 151181.818182, 145645.714286, 144771.827957 ] }, { "date": "2026-01-16", "close": 151000.0, "volume": 3020504, "typical_volume": 3577120.05, "trend": 147806.666667, "fair_value": 143676.02205, "relative_strength": -30.018023, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.147572, "energy": 43.25629, "activity_lines": [ 153973.333333, 151838.181818, 146542.380952, 144944.731183 ] }, { "date": "2026-01-23", "close": 153500.0, "volume": 4365563, "typical_volume": 3658969.65, "trend": 147236.666667, "fair_value": 143965.037239, "relative_strength": -28.499328, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.013499, "energy": 36.387575, "activity_lines": [ 153846.666667, 152709.090909, 147599.047619, 145312.043011 ] }, { "date": "2026-01-30", "close": 147400.0, "volume": 3362211, "typical_volume": 3681217.35, "trend": 146240.0, "fair_value": 144202.203886, "relative_strength": -30.904603, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.424421, "energy": 18.789106, "activity_lines": [ 151620.0, 152236.363636, 147984.285714, 145322.580645 ] }, { "date": "2026-02-06", "close": 163400.0, "volume": 7060517, "typical_volume": 3839508.85, "trend": 145020.0, "fair_value": 144456.354496, "relative_strength": -23.62258, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.639534, "energy": 40.837894, "activity_lines": [ 155000.0, 154456.363636, 149844.285714, 146429.677419 ] }, { "date": "2026-02-13", "close": 167000.0, "volume": 3518100, "typical_volume": 3955416.7, "trend": 143563.333333, "fair_value": 144709.910851, "relative_strength": -23.435417, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.488617, "energy": 49.497534, "activity_lines": [ 159253.333333, 156909.090909, 151889.52381, 147847.741935 ] }, { "date": "2026-02-20", "close": 162800.0, "volume": 1801014, "typical_volume": 3901440.05, "trend": 144140.0, "fair_value": 144957.787452, "relative_strength": -25.640722, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.922876, "energy": 49.779171, "activity_lines": [ 161366.666667, 158192.727273, 153347.142857, 149088.817204 ] }, { "date": "2026-02-27", "close": 149100.0, "volume": 3214813, "typical_volume": 3962797.7, "trend": 144463.333333, "fair_value": 145120.878321, "relative_strength": -29.308955, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.051146, "energy": 38.851862, "activity_lines": [ 158126.666667, 156874.545455, 153361.904762, 149408.817204 ] }, { "date": "2026-03-06", "close": 161800.0, "volume": 2330496, "typical_volume": 3943137.2, "trend": 145390.0, "fair_value": 145342.315345, "relative_strength": -26.434662, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.532238, "energy": 37.860065, "activity_lines": [ 159413.333333, 157927.272727, 154549.047619, 150527.311828 ] }, { "date": "2026-03-13", "close": 147000.0, "volume": 2735418, "typical_volume": 3773993.75, "trend": 145706.666667, "fair_value": 145464.024938, "relative_strength": -29.399467, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.693562, "energy": 13.660091, "activity_lines": [ 154806.666667, 156101.818182, 154226.190476, 150631.182796 ] }, { "date": "2026-03-20", "close": 146200.0, "volume": 6884741, "typical_volume": 3954385.5, "trend": 146030.0, "fair_value": 145498.017846, "relative_strength": -31.122156, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.446523, "energy": 15.481959, "activity_lines": [ 151026.666667, 154340.0, 153789.047619, 150663.010753 ] }, { "date": "2026-03-27", "close": 146500.0, "volume": 5377769, "typical_volume": 3767107.95, "trend": 146426.666667, "fair_value": 145518.002349, "relative_strength": -26.46796, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.909048, "energy": 12.369945, "activity_lines": [ 148733.333333, 152809.090909, 153345.714286, 150693.333333 ] }, { "date": "2026-04-03", "close": 145000.0, "volume": 3316119, "typical_volume": 3800776.45, "trend": 146776.666667, "fair_value": 145522.244113, "relative_strength": -27.786879, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.065498, "energy": 15.203444, "activity_lines": [ 147026.666667, 151087.272727, 152718.095238, 150601.290323 ] }, { "date": "2026-04-10", "close": 152700.0, "volume": 1833164, "typical_volume": 3706927.95, "trend": 147296.666667, "fair_value": 145584.423312, "relative_strength": -27.25593, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.433855, "energy": 12.806029, "activity_lines": [ 148160.0, 150920.0, 152802.857143, 150983.44086 ] }, { "date": "2026-04-17", "close": 158500.0, "volume": 3364171, "typical_volume": 3761581.35, "trend": 148236.666667, "fair_value": 145693.585901, "relative_strength": -22.769855, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.600988, "energy": 12.465839, "activity_lines": [ 151833.333333, 151710.909091, 153358.095238, 151706.236559 ] }, { "date": "2026-04-24", "close": 153300.0, "volume": 1680691, "typical_volume": 3656121.8, "trend": 149093.333333, "fair_value": 145774.929865, "relative_strength": -23.491392, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.065259, "energy": 12.446397, "activity_lines": [ 153006.666667, 151645.454545, 153330.952381, 152032.903226 ] }, { "date": "2026-05-01", "close": 152000.0, "volume": 1987827, "typical_volume": 3392484.75, "trend": 149700.0, "fair_value": 145811.788415, "relative_strength": -24.142017, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.764813, "energy": 15.958786, "activity_lines": [ 153273.333333, 151592.727273, 153139.047619, 152220.430108 ] }, { "date": "2026-05-08", "close": 151000.0, "volume": 13349066, "typical_volume": 3830199.4, "trend": 150023.333333, "fair_value": 145829.981926, "relative_strength": -25.097631, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.973901, "energy": 14.346938, "activity_lines": [ 152840.0, 151554.545455, 152874.285714, 152304.301075 ] }, { "date": "2026-05-15", "close": 142500.0, "volume": 4307116, "typical_volume": 3946502.25, "trend": 150083.333333, "fair_value": 145794.300978, "relative_strength": -26.126792, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.312025, "energy": 19.915673, "activity_lines": [ 149173.333333, 149936.363636, 151807.142857, 151818.924731 ] }, { "date": "2026-05-22", "close": 130600.0, "volume": 6308129, "typical_volume": 4127313.85, "trend": 149803.333333, "fair_value": 145690.916365, "relative_strength": -31.381372, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.948156, "energy": 49.569224, "activity_lines": [ 142220.0, 146505.454545, 149649.52381, 150561.935484 ] }, { "date": "2026-05-29", "close": 128300.0, "volume": 3751094, "typical_volume": 4178426.15, "trend": 149450.0, "fair_value": 145566.660732, "relative_strength": -32.559432, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.090256, "energy": 72.775983, "activity_lines": [ 136360.0, 142954.545455, 147405.714286, 149174.623656 ] }, { "date": "2026-06-05", "close": 126200.0, "volume": 3289000, "typical_volume": 4191850.95, "trend": 149063.333333, "fair_value": 145425.879884, "relative_strength": -29.751078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.405525, "energy": 79.901524, "activity_lines": [ 131466.666667, 139347.272727, 145093.333333, 147674.623656 ] }, { "date": "2026-06-12", "close": 124000.0, "volume": 3650512, "typical_volume": 4156098.4, "trend": 148510.0, "fair_value": 145277.123901, "relative_strength": -31.20375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.222979, "energy": 83.615572, "activity_lines": [ 127560.0, 135709.090909, 142689.52381, 146057.634409 ] }, { "date": "2026-06-19", "close": 120900.0, "volume": 3570124, "typical_volume": 4166494.05, "trend": 148023.333333, "fair_value": 145110.947079, "relative_strength": -28.721508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.032393, "energy": 85.809814, "activity_lines": [ 124420.0, 131889.090909, 140130.952381, 144276.344086 ] }, { "date": "2026-06-26", "close": 113200.0, "volume": 3055316, "typical_volume": 3966234.0, "trend": 147123.333333, "fair_value": 144889.283854, "relative_strength": -30.340278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.779976, "energy": 91.066976, "activity_lines": [ 120153.333333, 127247.272727, 136965.238095, 142029.677419 ] }, { "date": "2026-07-03", "close": 119700.0, "volume": 2615412, "typical_volume": 3921099.6, "trend": 146290.0, "fair_value": 144706.223544, "relative_strength": -27.021566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.882657, "energy": 83.300279, "activity_lines": [ 119213.333333, 124610.909091, 134657.619048, 140260.430108 ] }, { "date": "2026-07-10", "close": 108000.0, "volume": 2763925, "typical_volume": 3969245.15, "trend": 144666.666667, "fair_value": 144455.516104, "relative_strength": -31.762462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.571232, "energy": 88.609759, "activity_lines": [ 114946.666667, 120458.181818, 131460.952381, 137790.107527 ] }, { "date": "2026-07-17", "close": 108000.0, "volume": 619966, "typical_volume": 3839502.8, "trend": 143183.333333, "fair_value": 144200.519546, "relative_strength": -31.683368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.676604, "energy": 88.279741, "activity_lines": [ 111893.333333, 117105.454545, 128525.238095, 135424.516129 ] }, { "date": "2026-07-24", "close": 107400.0, "volume": 876849, "typical_volume": 3766820.45, "trend": 141713.333333, "fair_value": 143960.671917, "relative_strength": -33.097757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.868943, "energy": 84.916179, "activity_lines": [ 109706.666667, 114425.454545, 125728.095238, 133115.913978 ] }, { "date": "2026-07-31", "close": 107000.0, "volume": 405833, "typical_volume": 3650341.2, "trend": 139996.666667, "fair_value": 143728.064087, "relative_strength": -30.963714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.264111, "energy": 84.066387, "activity_lines": [ 108286.666667, 112310.909091, 123151.904762, 130876.344086 ] }, { "date": "2026-08-07", "close": 104500.0, "volume": 8911475, "typical_volume": 3751677.9, "trend": 138283.333333, "fair_value": 143464.724801, "relative_strength": -32.172904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.13618, "energy": 82.94603, "activity_lines": [ 106446.666667, 110170.909091, 120528.095238, 128586.236559 ] }, { "date": "2026-08-14", "close": 102200.0, "volume": 10064706, "typical_volume": 3986024.75, "trend": 136656.666667, "fair_value": 143176.225228, "relative_strength": -33.43415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.859151, "energy": 77.526379, "activity_lines": [ 104853.333333, 108045.454545, 117883.809524, 126258.27957 ] }, { "date": "2026-08-21", "close": 111000.0, "volume": 13359195, "typical_volume": 4488178.55, "trend": 135240.0, "fair_value": 142926.832541, "relative_strength": -26.437452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.262301, "energy": 63.69606, "activity_lines": [ 106580.0, 107956.363636, 116288.571429, 124603.010753 ] }, { "date": "2026-08-28", "close": 113800.0, "volume": 3401783, "typical_volume": 4566609.5, "trend": 134120.0, "fair_value": 142698.494346, "relative_strength": -23.919239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.740977, "energy": 53.879105, "activity_lines": [ 109040.0, 108612.727273, 115121.904762, 123219.784946 ] }, { "date": "2026-09-04", "close": 116700.0, "volume": 5771003, "typical_volume": 4686951.1, "trend": 132563.333333, "fair_value": 142476.3228, "relative_strength": -22.949681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.842503, "energy": 39.262816, "activity_lines": [ 112040.0, 109925.454545, 114416.666667, 122095.913978 ] } ], "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." } } }