{ "ticker": { "uuid": "9242dd47-965f-4ed9-968e-f7584960ed26", "symbol": "R3NK", "name": "RENK Group AG", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": -28.435, "architecture_energy": 14.439, "architecture_maturity": 54.083, "architecture_confidence": 75.445, "architecture_tenure": "Developing", "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": 46.35, "rotation_up": 27.29, "upward_expansion": 15.28, "deceleration": 42.71, "rotation_down": 27.86, "downward_expansion": 60.61 }, "activity_lines": [ 47.22, 46.379532, 47.571497, 48.920031 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 49.990002, "trend_reference": 51.120076, "distance_from_trend": -0.022106, "trend_direction": "Weakening", "fair_value": 42.649437, "distance_from_fair_value": 0.172114, "fair_value_direction": "Improving", "relative_strength": -17.557471, "relative_strength_direction": "Improving", "price_momentum": -0.070214, "excess_performance": -0.134854, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.022106, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056418, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.172114, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043927, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.175575, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.058202, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.070214, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.025402, "read": "Demand-led" } ], "volume": { "latest": 3063578, "relative_activity": 1.31451, "balance": 2.025402, "dry_up": 0.969828, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.113317, "annualized_volatility": 0.566759, "from_high_reference": -0.440214, "from_low_reference": 0.205159 }, "levels": { "trend_reference": 51.120076, "fair_value_reference": 42.649437, "structural_low": 41.48, "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": 8, "median_return": -0.018455, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.020398, "regime_survival": 1.0, "best_return": 0.146565, "worst_return": -0.174249, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.004034, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.011626, "regime_survival": 1.0, "best_return": 0.077354, "worst_return": -0.069287, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.002707, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.027712, "regime_survival": 1.0, "best_return": 0.002707, "worst_return": 0.002707, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": 0.330656, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.247852, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": -0.233166, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-04-24", "tenure": "Established", "return": 0.042352, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": -0.186585, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.031431, "active": true } ], "chart_path": [ { "date": "2024-02-09", "close": 19.051559, "volume": 8615996, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 24.650383, "volume": 7108014, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 25.427998, "volume": 3084597, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 26.244493, "volume": 1296303, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 24.203255, "volume": 1358502, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 27.352592, "volume": 1202618, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 27.294273, "volume": 1223125, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 35.828598, "volume": 5574150, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 29.471594, "volume": 4625536, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 30.730358, "volume": 4376016, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 27.512978, "volume": 2209748, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 27.721962, "volume": 1461785, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 28.076748, "volume": 1283341, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 27.721962, "volume": 1387523, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 25.661282, "volume": 3315589, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 25.729322, "volume": 1649899, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 25.748762, "volume": 1969154, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 25.014891, "volume": 1093845, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 23.347881, "volume": 1917538, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 26.633301, "volume": 1321999, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 24.855047, "volume": 868157, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 24.948471, "volume": 702272, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 24.879631, "volume": 1052380, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 24.260101, "volume": 1284845, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 24.432192, "volume": 500233, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 24.638704, "volume": 865971, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 25.272987, "volume": 727485, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 24.948471, "volume": 1607755, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 24.486279, "volume": 1033477, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 26.551388, "volume": 1743122, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 23.261965, "volume": 1420025, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 22.51951, "volume": 1874176, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 22.785025, "volume": 3023070, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 22.199909, "volume": 1439609, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 20.655994, "volume": 3680511, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 18.07461, "volume": 3597643, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 18.487633, "volume": 2166832, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 19.008827, "volume": 1759916, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 18.141481, "volume": 1303806, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 19.476917, "volume": 2090688, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 18.552534, "volume": 3080393, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 19.716862, "volume": 2760725, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 19.559521, "volume": 4073349, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 20.611744, "volume": 2483834, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 19.294008, "volume": 2996902, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 18.011673, "volume": 2145904, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 18.005774, "volume": 773657, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 18.86722, "volume": 772291, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 20.842838, "volume": 2251313, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 22.273663, "volume": 1976367, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 22.485092, "volume": 2545298, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 24.151928, "volume": 4051257, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 22.072069, "volume": 2866606, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 24.633787, "volume": 5933584, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 27.141418, "volume": 10274026, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 29.373701, "volume": 6295420, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 34.919987, "volume": 13136721, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 39.556648, "volume": 7895242, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 41.321827, "volume": 17337767, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 42.496967, "volume": 7796856, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 40.682625, "volume": 7018696, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 44.571911, "volume": 7485504, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 49.120068, "volume": 4428424, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 48.539871, "volume": 4223046, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 54.489346, "volume": 3940638, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 57.046146, "volume": 6392241, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 58.885075, "volume": 8055518, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 67.951881, "volume": 9958362, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 77.07769, "volume": 9580337, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 77.696907, "volume": 12765658, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 70.579636, "volume": 9629712, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 68.711357, "volume": 6941527, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 65.182373, "volume": 6350116, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 65.152718, "volume": 3829512, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 71.152977, "volume": 6271023, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 70.520325, "volume": 7038611, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 70.035957, "volume": 4118479, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 67.218704, "volume": 4765631, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 60.704418, "volume": 4357273, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 60.299129, "volume": 5321001, "typical_volume": 6623565.45, "trend": 51.792418, "fair_value": 34.210221, "relative_strength": 42.799583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.987226, "energy": 16.136786, "activity_lines": [ 63.770778, 65.825083, 65.850019, 60.623536 ] }, { "date": "2025-08-22", "close": 57.798199, "volume": 6181702, "typical_volume": 6581715.75, "trend": 52.969521, "fair_value": 34.501431, "relative_strength": 35.26761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.18674, "energy": 15.618833, "activity_lines": [ 61.118275, 64.160072, 65.42309, 61.011005 ] }, { "date": "2025-08-29", "close": 61.7127, "volume": 4153764, "typical_volume": 6415128.75, "trend": 54.221547, "fair_value": 34.833276, "relative_strength": 45.337154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.511119, "energy": 20.231402, "activity_lines": [ 60.618748, 63.439178, 65.287468, 61.575081 ] }, { "date": "2025-09-05", "close": 65.815018, "volume": 3059098, "typical_volume": 6346662.45, "trend": 55.679646, "fair_value": 35.20655, "relative_strength": 54.464824, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.04563, "energy": 14.971767, "activity_lines": [ 62.041544, 63.591409, 65.46092, 62.323047 ] }, { "date": "2025-09-12", "close": 69.778938, "volume": 3333960, "typical_volume": 6302208.15, "trend": 57.184484, "fair_value": 35.618126, "relative_strength": 60.101584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.714315, "energy": 20.973268, "activity_lines": [ 64.879226, 64.452849, 65.932388, 63.232679 ] }, { "date": "2025-09-19", "close": 69.185837, "volume": 4194685, "typical_volume": 6314910.5, "trend": 58.585965, "fair_value": 36.01304, "relative_strength": 56.340481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.69302, "energy": 31.156892, "activity_lines": [ 66.914239, 65.12234, 66.246232, 64.00696 ] }, { "date": "2025-09-26", "close": 80.237381, "volume": 5018257, "typical_volume": 6246211.3, "trend": 60.281421, "fair_value": 36.527277, "relative_strength": 76.488598, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 79.91679, "energy": 68.166907, "activity_lines": [ 72.040654, 67.836969, 67.542621, 65.403825 ] }, { "date": "2025-10-03", "close": 87.423851, "volume": 5323395, "typical_volume": 6109605.15, "trend": 62.031549, "fair_value": 37.112295, "relative_strength": 82.656827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.901699, "energy": 86.742153, "activity_lines": [ 78.066612, 71.681555, 69.413001, 67.15495 ] }, { "date": "2025-10-10", "close": 75.344254, "volume": 3910830, "typical_volume": 5807228.55, "trend": 63.22447, "fair_value": 37.546749, "relative_strength": 55.007887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.263338, "energy": 75.158179, "activity_lines": [ 78.351962, 73.013707, 69.997044, 68.013834 ] }, { "date": "2025-10-17", "close": 61.989479, "volume": 4537274, "typical_volume": 5555075.4, "trend": 63.913391, "fair_value": 37.821386, "relative_strength": 27.695476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.716507, "energy": 44.649448, "activity_lines": [ 73.550438, 71.769981, 69.274002, 67.934157 ] }, { "date": "2025-10-24", "close": 65.755699, "volume": 4334553, "typical_volume": 5133520.15, "trend": 64.688682, "fair_value": 38.131767, "relative_strength": 31.021395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.161671, "energy": 18.68779, "activity_lines": [ 70.523617, 71.187658, 68.981497, 68.053016 ] }, { "date": "2025-10-31", "close": 65.034096, "volume": 2391253, "typical_volume": 4771597.2, "trend": 65.500398, "fair_value": 38.427397, "relative_strength": 28.983327, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.064281, "energy": 18.351139, "activity_lines": [ 67.484938, 70.374923, 68.67713, 68.075301 ] }, { "date": "2025-11-07", "close": 63.699608, "volume": 2002155, "typical_volume": 4524628.6, "trend": 66.137988, "fair_value": 38.702095, "relative_strength": 26.466311, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.694463, "energy": 23.125665, "activity_lines": [ 65.014982, 69.187993, 68.272076, 67.959121 ] }, { "date": "2025-11-14", "close": 64.520065, "volume": 3340755, "typical_volume": 4374160.55, "trend": 66.651321, "fair_value": 38.979708, "relative_strength": 24.50478, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.917825, "energy": 18.499214, "activity_lines": [ 64.400128, 68.114111, 67.969027, 67.854738 ] }, { "date": "2025-11-21", "close": 50.275635, "volume": 5320107, "typical_volume": 4448690.3, "trend": 66.70918, "fair_value": 39.099877, "relative_strength": -0.703826, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -53.201295, "energy": 57.212511, "activity_lines": [ 59.758743, 64.473877, 66.312519, 66.798243 ] }, { "date": "2025-11-28", "close": 49.870346, "volume": 4368190, "typical_volume": 4353548.65, "trend": 66.555213, "fair_value": 39.213251, "relative_strength": -5.490487, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.724195, "energy": 75.15, "activity_lines": [ 55.763185, 61.11456, 64.688255, 65.711866 ] }, { "date": "2025-12-05", "close": 51.115868, "volume": 3913220, "typical_volume": 4197279.1, "trend": 66.357537, "fair_value": 39.337236, "relative_strength": -4.824402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.190501, "energy": 75.481835, "activity_lines": [ 53.241824, 58.332892, 63.283959, 64.715779 ] }, { "date": "2025-12-12", "close": 53.794731, "volume": 4516055, "typical_volume": 4217157.9, "trend": 66.187859, "fair_value": 39.486283, "relative_strength": -1.575037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.270972, "energy": 73.595607, "activity_lines": [ 52.5413, 56.567772, 62.227194, 63.905276 ] }, { "date": "2025-12-19", "close": 52.756794, "volume": 3240341, "typical_volume": 4140893.4, "trend": 65.681356, "fair_value": 39.621696, "relative_strength": -4.90388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.777709, "energy": 66.073956, "activity_lines": [ 52.155122, 55.225375, 61.148918, 63.038755 ] }, { "date": "2025-12-26", "close": 52.18346, "volume": 692824, "typical_volume": 3957670.95, "trend": 64.851549, "fair_value": 39.748583, "relative_strength": -7.10906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.569393, "energy": 53.359734, "activity_lines": [ 52.36205, 54.189416, 60.084904, 62.167923 ] }, { "date": "2026-01-02", "close": 54.921635, "volume": 1265429, "typical_volume": 3754892.35, "trend": 64.092373, "fair_value": 39.900313, "relative_strength": -4.060255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.058056, "energy": 40.972871, "activity_lines": [ 53.354515, 53.829599, 59.322245, 61.527284 ] }, { "date": "2026-01-09", "close": 63.442593, "volume": 4034713, "typical_volume": 3647542.9, "trend": 63.854472, "fair_value": 40.133405, "relative_strength": 6.357857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.278072, "energy": 21.851263, "activity_lines": [ 56.850547, 55.21603, 59.396713, 61.485363 ] }, { "date": "2026-01-16", "close": 61.564423, "volume": 4140812, "typical_volume": 3646895.3, "trend": 63.61624, "fair_value": 40.343513, "relative_strength": 1.928723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.46802, "energy": 22.44682, "activity_lines": [ 58.89874, 56.289911, 59.26543, 61.337617 ] }, { "date": "2026-01-23", "close": 58.766937, "volume": 3944410, "typical_volume": 3691160.9, "trend": 63.402392, "fair_value": 40.522381, "relative_strength": -2.185304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.343701, "energy": 23.431642, "activity_lines": [ 59.496459, 56.893981, 58.868425, 61.024759 ] }, { "date": "2026-01-30", "close": 53.428982, "volume": 2407479, "typical_volume": 3644836.85, "trend": 63.011601, "fair_value": 40.646483, "relative_strength": -10.518777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.495475, "energy": 24.640712, "activity_lines": [ 57.914183, 56.632115, 57.996606, 60.381313 ] }, { "date": "2026-02-06", "close": 53.765076, "volume": 3529567, "typical_volume": 3611580.95, "trend": 62.432005, "fair_value": 40.771422, "relative_strength": -11.434346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.056681, "energy": 26.183669, "activity_lines": [ 56.360904, 56.374024, 57.234653, 59.784763 ] }, { "date": "2026-02-13", "close": 56.878883, "volume": 2611922, "typical_volume": 3491264.2, "trend": 61.97729, "fair_value": 40.923379, "relative_strength": -7.889933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.578637, "energy": 27.964967, "activity_lines": [ 55.922664, 56.611267, 56.842685, 59.426497 ] }, { "date": "2026-02-20", "close": 60.091541, "volume": 2278224, "typical_volume": 3339005.65, "trend": 61.645809, "fair_value": 41.102521, "relative_strength": -4.87646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.114143, "energy": 21.645197, "activity_lines": [ 56.992891, 57.327847, 56.867916, 59.304836 ] }, { "date": "2026-02-27", "close": 56.275894, "volume": 2104186, "typical_volume": 3248673.45, "trend": 61.281049, "fair_value": 41.243015, "relative_strength": -11.626974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.662565, "energy": 20.232537, "activity_lines": [ 56.889428, 57.236185, 56.659905, 58.95839 ] }, { "date": "2026-03-06", "close": 55.069908, "volume": 5346397, "typical_volume": 3289129.6, "trend": 61.093232, "fair_value": 41.369867, "relative_strength": -7.888212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.530072, "energy": 18.63619, "activity_lines": [ 56.550039, 56.86127, 56.42784, 58.557671 ] }, { "date": "2026-03-13", "close": 53.685997, "volume": 3820625, "typical_volume": 3263433.2, "trend": 60.872794, "fair_value": 41.481832, "relative_strength": -10.040788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.143815, "energy": 22.701126, "activity_lines": [ 55.639951, 56.182253, 56.096925, 58.079785 ] }, { "date": "2026-03-20", "close": 51.145527, "volume": 4064828, "typical_volume": 3347111.95, "trend": 60.651039, "fair_value": 41.568892, "relative_strength": -10.536007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.954573, "energy": 43.192173, "activity_lines": [ 53.888312, 55.0638, 55.581535, 57.45222 ] }, { "date": "2026-03-27", "close": 46.469868, "volume": 4656944, "typical_volume": 3479851.4, "trend": 60.142944, "fair_value": 41.612651, "relative_strength": -18.542752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.620359, "energy": 61.824292, "activity_lines": [ 50.960343, 53.318809, 54.68698, 56.537305 ] }, { "date": "2026-04-03", "close": 53.270821, "volume": 2887868, "typical_volume": 3457207.05, "trend": 59.724804, "fair_value": 41.715821, "relative_strength": -10.338463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.468595, "energy": 52.140476, "activity_lines": [ 51.207471, 53.084801, 54.522181, 56.093943 ] }, { "date": "2026-04-10", "close": 51.679317, "volume": 2565109, "typical_volume": 3319457.15, "trend": 59.121484, "fair_value": 41.80322, "relative_strength": -15.330155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.986152, "energy": 48.315676, "activity_lines": [ 51.124435, 52.661359, 54.259378, 55.574879 ] }, { "date": "2026-04-17", "close": 54.377949, "volume": 2544459, "typical_volume": 3228270.6, "trend": 58.627887, "fair_value": 41.912565, "relative_strength": -14.074462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.243613, "energy": 30.51986, "activity_lines": [ 52.166983, 52.760389, 54.246904, 55.268844 ] }, { "date": "2026-04-24", "close": 53.280708, "volume": 2533438, "typical_volume": 3159281.5, "trend": 57.729331, "fair_value": 42.010567, "relative_strength": -13.824757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.495176, "energy": 17.105018, "activity_lines": [ 52.797653, 52.648778, 54.108466, 54.923865 ] }, { "date": "2026-05-01", "close": 53.349903, "volume": 1406384, "typical_volume": 3003797.95, "trend": 56.593533, "fair_value": 42.107484, "relative_strength": -14.187592, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.758689, "energy": 15.14468, "activity_lines": [ 53.309043, 52.615169, 53.966308, 54.641321 ] }, { "date": "2026-05-08", "close": 47.557232, "volume": 4189311, "typical_volume": 3051246.45, "trend": 55.667299, "fair_value": 42.153668, "relative_strength": -23.377697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.757347, "energy": 29.602339, "activity_lines": [ 51.430874, 51.650922, 53.274587, 54.058334 ] }, { "date": "2026-05-15", "close": 43.395603, "volume": 4073749, "typical_volume": 3220292.7, "trend": 55.047503, "fair_value": 42.164105, "relative_strength": -28.591447, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.911505, "energy": 56.556101, "activity_lines": [ 48.546401, 50.088537, 52.211279, 53.266612 ] }, { "date": "2026-05-22", "close": 48.46666, "volume": 3264642, "typical_volume": 3320253.35, "trend": 54.471202, "fair_value": 42.216626, "relative_strength": -22.708765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.264512, "energy": 55.060903, "activity_lines": [ 47.904528, 49.660422, 51.672776, 52.842041 ] }, { "date": "2026-05-29", "close": 56.196808, "volume": 3220390, "typical_volume": 3279537.2, "trend": 54.176626, "fair_value": 42.332165, "relative_strength": -10.487777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.56766, "energy": 29.610127, "activity_lines": [ 50.233457, 50.732685, 51.901216, 52.953371 ] }, { "date": "2026-06-05", "close": 51.254257, "volume": 245815, "typical_volume": 3084787.35, "trend": 53.761781, "fair_value": 42.405297, "relative_strength": -16.49723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.279008, "energy": 24.044211, "activity_lines": [ 50.720462, 50.814462, 51.69344, 52.764831 ] }, { "date": "2026-06-12", "close": 46.209999, "volume": 680963, "typical_volume": 2921615.0, "trend": 53.151445, "fair_value": 42.436229, "relative_strength": -23.670657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.805992, "energy": 25.600848, "activity_lines": [ 49.665758, 49.892111, 51.054355, 52.277619 ] }, { "date": "2026-06-19", "close": 47.994999, "volume": 1350516, "typical_volume": 2868766.85, "trend": 53.075424, "fair_value": 42.481058, "relative_strength": -21.204374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.369866, "energy": 22.732284, "activity_lines": [ 49.295869, 49.422685, 50.645065, 51.944945 ] }, { "date": "2026-06-26", "close": 42.209999, "volume": 702271, "typical_volume": 2727402.05, "trend": 52.820079, "fair_value": 42.478889, "relative_strength": -29.259458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.285722, "energy": 57.436681, "activity_lines": [ 46.691021, 47.968428, 49.710698, 51.24395 ] }, { "date": "2026-07-03", "close": 46.799999, "volume": 414458, "typical_volume": 2617528.85, "trend": 52.676217, "fair_value": 42.513184, "relative_strength": -24.383043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.951886, "energy": 58.556841, "activity_lines": [ 46.033283, 47.569952, 49.268499, 50.855558 ] }, { "date": "2026-07-10", "close": 43.459999, "volume": 2834309, "typical_volume": 2645333.1, "trend": 52.331726, "fair_value": 42.520639, "relative_strength": -27.083755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.035996, "energy": 61.747076, "activity_lines": [ 44.888666, 46.682034, 48.556199, 50.260963 ] }, { "date": "2026-07-17", "close": 43.855, "volume": 1998060, "typical_volume": 2640026.8, "trend": 52.034999, "fair_value": 42.531064, "relative_strength": -25.031881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.128034, "energy": 61.591677, "activity_lines": [ 44.395333, 46.045752, 47.960716, 49.714077 ] }, { "date": "2026-07-24", "close": 45.259998, "volume": 1736195, "typical_volume": 2459516.7, "trend": 51.804217, "fair_value": 42.552218, "relative_strength": -22.769951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.746768, "energy": 40.898404, "activity_lines": [ 44.527332, 45.732236, 47.558189, 49.276981 ] }, { "date": "2026-07-31", "close": 47.85, "volume": 2243235, "typical_volume": 2380647.2, "trend": 51.568496, "fair_value": 42.592971, "relative_strength": -19.374058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.805469, "energy": 30.523104, "activity_lines": [ 45.704999, 45.855732, 47.449043, 49.02187 ] }, { "date": "2026-08-07", "close": 49.990002, "volume": 3063578, "typical_volume": 2330584.7, "trend": 51.120076, "fair_value": 42.649437, "relative_strength": -17.557471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.435411, "energy": 14.438743, "activity_lines": [ 47.22, 46.379532, 47.571497, 48.920031 ] } ], "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." } } }