{ "ticker": { "uuid": "9c8c9741-830d-447d-ba91-ab2a1b647df3", "symbol": "WPM", "name": "Wheaton Precious Metals Corp.", "exchange": "LSE", "country": "GB", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 80.372, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -24.658, "architecture_energy": 19.97, "architecture_maturity": 40.125, "architecture_confidence": 49.635, "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": 42.24, "rotation_up": 25.93, "upward_expansion": 16.38, "deceleration": 62.82, "rotation_down": 35.0, "downward_expansion": 64.04 }, "activity_lines": [ 8732.0, 8627.272727, 8957.003632, 9290.444575 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 9960.0, "trend_reference": 9707.788216, "distance_from_trend": 0.02598, "trend_direction": "Improving", "fair_value": 6128.355387, "distance_from_fair_value": 0.625232, "fair_value_direction": "Weakening", "relative_strength": 2.533814, "relative_strength_direction": "Weakening", "price_momentum": 0.004074, "excess_performance": -0.047162, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.02598, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.007974, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.625232, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.120901, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.025338, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.090824, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.004074, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.646041, "read": "Supply-led" } ], "volume": { "latest": 66935, "relative_activity": 1.570896, "balance": 0.646041, "dry_up": 1.038009, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.102541, "annualized_volatility": 0.597203, "from_high_reference": -0.226376, "from_low_reference": 0.486695 }, "levels": { "trend_reference": 9707.788216, "fair_value_reference": 6128.355387, "structural_low": 7596.5088, "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": 7, "median_return": -0.020276, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": 0.009244, "regime_survival": 0.714286, "best_return": 0.13233, "worst_return": -0.077273, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.054031, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.08727, "regime_survival": 0.0, "best_return": 0.08915, "worst_return": 0.018913, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.176786, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.149577, "regime_survival": 0.0, "best_return": 0.305589, "worst_return": 0.047984, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.300003, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.251282, "regime_survival": 0.5, "best_return": 0.376148, "worst_return": 0.223858, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-07-28", "end": "2023-09-08", "tenure": "Developing", "return": 0.008753, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-15", "end": "2023-12-01", "tenure": "Developing", "return": 0.155853, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-02-02", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-09", "end": "2024-02-23", "tenure": "New", "return": -0.143662, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-01", "end": "2024-03-29", "tenure": "Developing", "return": 0.143283, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-04-19", "tenure": "New", "return": 0.082802, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-12-20", "tenure": "Extended", "return": 0.075339, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": 0.19469, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-10-24", "tenure": "Extended", "return": 0.383871, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-12-05", "tenure": "Developing", "return": 0.112035, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-20", "tenure": "Established", "return": 0.003421, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-06-05", "tenure": "Developing", "return": -0.049106, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.009281, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.131818, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3273.809814, "volume": 25602, "typical_volume": 26496.2, "trend": 3623.234969, "fair_value": 3238.505152, "relative_strength": 0.19729, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.044332, "energy": 30.051998, "activity_lines": [ 3407.094564, 3401.036222, 3502.44934, 3575.6458 ] }, { "date": "2023-08-25", "close": 3373.922363, "volume": 22140, "typical_volume": 24859.45, "trend": 3614.419295, "fair_value": 3239.420133, "relative_strength": 1.769726, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.324365, "energy": 31.150678, "activity_lines": [ 3393.482519, 3397.06475, 3477.69121, 3559.561116 ] }, { "date": "2023-09-01", "close": 3473.890137, "volume": 23261, "typical_volume": 24534.4, "trend": 3610.601807, "fair_value": 3240.993757, "relative_strength": 2.585995, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.799035, "energy": 23.113734, "activity_lines": [ 3415.182422, 3412.266171, 3465.260889, 3550.494718 ] }, { "date": "2023-09-08", "close": 3473.890137, "volume": 24863, "typical_volume": 24599.2, "trend": 3607.617285, "fair_value": 3242.5464, "relative_strength": 2.094112, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.101146, "energy": 24.150282, "activity_lines": [ 3434.872852, 3425.919917, 3455.661398, 3541.67461 ] }, { "date": "2023-09-15", "close": 3528.872314, "volume": 28368, "typical_volume": 24072.6, "trend": 3609.963965, "fair_value": 3244.442598, "relative_strength": 0.290774, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.453434, "energy": 15.433436, "activity_lines": [ 3465.549805, 3447.47749, 3453.557936, 3536.59429 ] }, { "date": "2023-09-22", "close": 3563.861572, "volume": 21066, "typical_volume": 23710.15, "trend": 3614.809684, "fair_value": 3246.544038, "relative_strength": 1.312077, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.09291, "energy": 12.786931, "activity_lines": [ 3511.878011, 3470.123113, 3456.736994, 3533.619942 ] }, { "date": "2023-09-29", "close": 3388.91748, "volume": 27106, "typical_volume": 24482.35, "trend": 3609.992277, "fair_value": 3247.474584, "relative_strength": -2.744134, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.065909, "energy": 13.445633, "activity_lines": [ 3480.554736, 3459.231219, 3445.680906, 3519.046251 ] }, { "date": "2023-10-06", "close": 3119.003662, "volume": 23491, "typical_volume": 24633.0, "trend": 3600.842367, "fair_value": 3246.640357, "relative_strength": -9.096906, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.584851, "energy": 34.949078, "activity_lines": [ 3358.260514, 3399.533998, 3411.821001, 3487.369566 ] }, { "date": "2023-10-13", "close": 3578.856934, "volume": 44887, "typical_volume": 25207.6, "trend": 3596.358944, "fair_value": 3248.78369, "relative_strength": 2.565126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.880057, "energy": 15.062595, "activity_lines": [ 3412.909814, 3429.350905, 3425.111914, 3485.951151 ] }, { "date": "2023-10-20", "close": 3638.837646, "volume": 24454, "typical_volume": 25256.95, "trend": 3590.038175, "fair_value": 3251.284036, "relative_strength": 6.715334, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.92605, "energy": 5.75281, "activity_lines": [ 3480.554899, 3466.162855, 3444.495337, 3488.691713 ] }, { "date": "2023-10-27", "close": 3508.87915, "volume": 33133, "typical_volume": 25289.55, "trend": 3577.552865, "fair_value": 3251.680263, "relative_strength": 4.12365, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.590536, "energy": 6.276172, "activity_lines": [ 3497.549463, 3478.434299, 3451.715203, 3483.455647 ] }, { "date": "2023-11-03", "close": 3573.858398, "volume": 22801, "typical_volume": 25448.2, "trend": 3564.56792, "fair_value": 3249.963122, "relative_strength": 3.926119, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.988299, "energy": 13.859073, "activity_lines": [ 3539.869271, 3498.246165, 3465.384641, 3483.217294 ] }, { "date": "2023-11-10", "close": 3438.901367, "volume": 26922, "typical_volume": 25903.75, "trend": 3543.585815, "fair_value": 3249.350351, "relative_strength": 0.657253, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.267279, "energy": 12.690882, "activity_lines": [ 3524.874007, 3489.885187, 3465.510054, 3475.109774 ] }, { "date": "2023-11-17", "close": 3688.821289, "volume": 39367, "typical_volume": 27134.5, "trend": 3534.932772, "fair_value": 3252.32512, "relative_strength": 5.530885, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.995298, "energy": 28.330445, "activity_lines": [ 3571.85887, 3527.600355, 3489.198634, 3484.479805 ] }, { "date": "2023-11-24", "close": 3763.797852, "volume": 36864, "typical_volume": 28013.45, "trend": 3529.11215, "fair_value": 3257.47862, "relative_strength": 7.578408, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.312294, "energy": 40.630212, "activity_lines": [ 3636.504964, 3575.039786, 3518.456208, 3499.245294 ] }, { "date": "2023-12-01", "close": 4078.859375, "volume": 36843, "typical_volume": 27991.95, "trend": 3529.295378, "fair_value": 3264.04167, "relative_strength": 15.402071, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.676123, "energy": 71.4546, "activity_lines": [ 3797.840885, 3675.491757, 3575.219759, 3534.712857 ] }, { "date": "2023-12-08", "close": 3668.974121, "volume": 33945, "typical_volume": 28505.45, "trend": 3518.31477, "fair_value": 3266.19984, "relative_strength": 3.246796, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.678398, "energy": 60.323596, "activity_lines": [ 3784.549707, 3692.05554, 3590.041284, 3543.724389 ] }, { "date": "2023-12-15", "close": 3868.918213, "volume": 93053, "typical_volume": 31638.4, "trend": 3519.825041, "fair_value": 3270.296226, "relative_strength": 8.19632, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.416951, "energy": 61.671417, "activity_lines": [ 3831.565511, 3739.880855, 3622.642192, 3566.343966 ] }, { "date": "2023-12-22", "close": 3883.914063, "volume": 25820, "typical_volume": 31860.55, "trend": 3527.333187, "fair_value": 3275.113233, "relative_strength": 6.615038, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.316987, "energy": 58.631936, "activity_lines": [ 3854.912142, 3776.797878, 3654.646656, 3589.83358 ] }, { "date": "2023-12-29", "close": 4103.853516, "volume": 11936, "typical_volume": 31296.1, "trend": 3541.339616, "fair_value": 3281.362525, "relative_strength": 11.693332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.96314, "energy": 53.643109, "activity_lines": [ 3938.565739, 3848.1574, 3705.120893, 3627.02844 ] }, { "date": "2024-01-05", "close": 3783.942139, "volume": 24575, "typical_volume": 31244.75, "trend": 3548.680876, "fair_value": 3285.410582, "relative_strength": 3.461342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.044446, "energy": 40.724369, "activity_lines": [ 3892.911833, 3852.896382, 3722.674242, 3642.680216 ] }, { "date": "2024-01-12", "close": 3858.921387, "volume": 21175, "typical_volume": 31196.5, "trend": 3563.0198, "fair_value": 3290.592595, "relative_strength": 6.225254, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.066607, "energy": 37.975558, "activity_lines": [ 3891.912159, 3866.26681, 3744.939271, 3662.695733 ] }, { "date": "2024-01-19", "close": 3673.972656, "volume": 11083, "typical_volume": 30587.6, "trend": 3572.526619, "fair_value": 3295.040598, "relative_strength": 3.237392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.990004, "energy": 25.523443, "activity_lines": [ 3816.599756, 3840.827233, 3747.280615, 3669.853981 ] }, { "date": "2024-01-26", "close": 3608.991211, "volume": 21937, "typical_volume": 30441.3, "trend": 3580.867033, "fair_value": 3298.255401, "relative_strength": -0.905571, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.201027, "energy": 17.526384, "activity_lines": [ 3732.623242, 3799.298824, 3742.480477, 3672.206536 ] }, { "date": "2024-02-02", "close": 3668.974121, "volume": 40715, "typical_volume": 31058.65, "trend": 3595.20542, "fair_value": 3302.933966, "relative_strength": 0.888231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.078332, "energy": 17.250822, "activity_lines": [ 3686.969222, 3770.127854, 3742.749658, 3677.890864 ] }, { "date": "2024-02-09", "close": 3549.008057, "volume": 38532, "typical_volume": 31931.95, "trend": 3597.881055, "fair_value": 3306.276668, "relative_strength": -1.923247, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.149226, "energy": 13.795976, "activity_lines": [ 3630.318473, 3720.868941, 3730.926349, 3674.910389 ] }, { "date": "2024-02-16", "close": 3509.018799, "volume": 20824, "typical_volume": 31617.85, "trend": 3601.389591, "fair_value": 3311.153247, "relative_strength": -4.86536, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.894325, "energy": 23.07659, "activity_lines": [ 3576.000244, 3673.972914, 3715.365269, 3669.17734 ] }, { "date": "2024-02-23", "close": 3039.150146, "volume": 31062, "typical_volume": 31996.4, "trend": 3587.902995, "fair_value": 3313.373327, "relative_strength": -17.415229, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.733493, "energy": 54.361258, "activity_lines": [ 3388.38597, 3544.554501, 3654.482883, 3632.903828 ] }, { "date": "2024-03-01", "close": 3349.063965, "volume": 43305, "typical_volume": 31917.3, "trend": 3587.412557, "fair_value": 3318.095644, "relative_strength": -8.679869, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.363188, "energy": 49.915014, "activity_lines": [ 3346.397803, 3486.570748, 3623.496354, 3617.494858 ] }, { "date": "2024-03-08", "close": 3409.046875, "volume": 82278, "typical_volume": 34808.5, "trend": 3581.424292, "fair_value": 3322.541142, "relative_strength": -6.794266, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.069313, "energy": 54.350722, "activity_lines": [ 3341.732422, 3449.217525, 3599.316735, 3605.987394 ] }, { "date": "2024-03-15", "close": 3359.060791, "volume": 28742, "typical_volume": 34588.95, "trend": 3584.265991, "fair_value": 3325.178641, "relative_strength": -8.702517, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.25976, "energy": 49.507819, "activity_lines": [ 3337.733496, 3415.408771, 3571.470779, 3591.641362 ] }, { "date": "2024-03-22", "close": 3524.015137, "volume": 33213, "typical_volume": 35109.55, "trend": 3589.269084, "fair_value": 3330.365134, "relative_strength": -6.402209, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -50.330059, "energy": 29.533732, "activity_lines": [ 3401.382503, 3419.316832, 3560.048181, 3587.75421 ] }, { "date": "2024-03-29", "close": 3828.929443, "volume": 26920, "typical_volume": 35109.45, "trend": 3601.103727, "fair_value": 3336.654297, "relative_strength": 1.531454, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 13.570213, "energy": 11.681347, "activity_lines": [ 3565.669857, 3484.753063, 3577.902389, 3603.216169 ] }, { "date": "2024-04-05", "close": 3924.061768, "volume": 67941, "typical_volume": 36538.15, "trend": 3616.109448, "fair_value": 3341.631673, "relative_strength": 4.66629, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.198952, "energy": 22.482724, "activity_lines": [ 3709.016032, 3564.668683, 3602.959542, 3624.052172 ] }, { "date": "2024-04-12", "close": 4288.975098, "volume": 52547, "typical_volume": 37322.3, "trend": 3641.446208, "fair_value": 3349.236482, "relative_strength": 13.102087, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.994817, "energy": 46.172485, "activity_lines": [ 3935.666797, 3705.203627, 3661.650154, 3667.462859 ] }, { "date": "2024-04-19", "close": 4248.983398, "volume": 58148, "typical_volume": 38387.55, "trend": 3664.283602, "fair_value": 3356.648987, "relative_strength": 13.282159, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.054917, "energy": 63.671183, "activity_lines": [ 4090.325114, 3827.194607, 3714.031187, 3706.658806 ] }, { "date": "2024-04-26", "close": 4318.966309, "volume": 49248, "typical_volume": 39152.7, "trend": 3695.28523, "fair_value": 3365.022528, "relative_strength": 11.561289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.289035, "energy": 70.502291, "activity_lines": [ 4208.982894, 3949.182928, 3772.267146, 3748.8964 ] }, { "date": "2024-05-03", "close": 4019.039063, "volume": 28288, "typical_volume": 35914.45, "trend": 3725.28641, "fair_value": 3370.544681, "relative_strength": 3.025586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.034223, "energy": 62.719178, "activity_lines": [ 4174.668181, 4001.912704, 3798.843404, 3769.783745 ] }, { "date": "2024-05-10", "close": 4328.96582, "volume": 34063, "typical_volume": 36326.6, "trend": 3750.290039, "fair_value": 3377.893406, "relative_strength": 8.081891, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.83627, "energy": 52.943881, "activity_lines": [ 4230.988412, 4093.176638, 3854.221634, 3808.730803 ] }, { "date": "2024-05-17", "close": 4593.901855, "volume": 39512, "typical_volume": 37705.4, "trend": 3782.125513, "fair_value": 3385.850647, "relative_strength": 14.636097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.491732, "energy": 49.160913, "activity_lines": [ 4348.627051, 4214.794363, 3932.712574, 3863.157372 ] }, { "date": "2024-05-24", "close": 4413.944336, "volume": 37916, "typical_volume": 38372.45, "trend": 3812.294352, "fair_value": 3392.718368, "relative_strength": 11.276181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.303993, "energy": 41.466471, "activity_lines": [ 4385.9514, 4282.14972, 3991.73114, 3903.919877 ] }, { "date": "2024-05-31", "close": 4619.057617, "volume": 24695, "typical_volume": 38548.45, "trend": 3847.134326, "fair_value": 3400.708753, "relative_strength": 16.69299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.863053, "energy": 50.745351, "activity_lines": [ 4480.649446, 4367.618701, 4067.284292, 3955.96912 ] }, { "date": "2024-06-07", "close": 4399.102051, "volume": 48473, "typical_volume": 40417.95, "trend": 3879.141016, "fair_value": 3407.064968, "relative_strength": 11.261923, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.401884, "energy": 40.524373, "activity_lines": [ 4482.022884, 4393.185898, 4118.2696, 3991.579941 ] }, { "date": "2024-06-14", "close": 4154.151855, "volume": 13401, "typical_volume": 39991.15, "trend": 3894.652035, "fair_value": 3412.843861, "relative_strength": 6.076296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.287714, "energy": 31.860865, "activity_lines": [ 4376.408724, 4363.84992, 4142.47332, 4009.322575 ] }, { "date": "2024-06-21", "close": 4204.141602, "volume": 18277, "typical_volume": 38869.25, "trend": 3909.33016, "fair_value": 3419.039289, "relative_strength": 5.931269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.576619, "energy": 22.698878, "activity_lines": [ 4299.112077, 4339.419531, 4168.841965, 4029.289644 ] }, { "date": "2024-06-28", "close": 4204.141602, "volume": 26674, "typical_volume": 38276.35, "trend": 3913.506234, "fair_value": 3425.266739, "relative_strength": 6.59271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.457959, "energy": 17.459038, "activity_lines": [ 4247.799447, 4316.53157, 4192.662194, 4048.309737 ] }, { "date": "2024-07-05", "close": 4319.117676, "volume": 16679, "typical_volume": 38069.1, "trend": 3935.177686, "fair_value": 3432.583526, "relative_strength": 8.629938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.504304, "energy": 17.682119, "activity_lines": [ 4248.799024, 4315.363654, 4224.312842, 4074.478217 ] }, { "date": "2024-07-12", "close": 4539.07373, "volume": 27639, "typical_volume": 37897.95, "trend": 3957.516203, "fair_value": 3440.733783, "relative_strength": 13.109776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.535661, "energy": 23.288537, "activity_lines": [ 4343.113281, 4354.184996, 4273.054071, 4113.439253 ] }, { "date": "2024-07-19", "close": 4594.0625, "volume": 74009, "typical_volume": 39433.15, "trend": 3981.187817, "fair_value": 3449.172476, "relative_strength": 15.301082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.534567, "energy": 35.115965, "activity_lines": [ 4446.425684, 4393.549121, 4319.889833, 4154.506756 ] }, { "date": "2024-07-26", "close": 4654.049805, "volume": 39729, "typical_volume": 37305.7, "trend": 3999.527694, "fair_value": 3457.931644, "relative_strength": 14.459779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.053446, "energy": 48.460456, "activity_lines": [ 4540.406478, 4439.000089, 4366.510107, 4197.917206 ] }, { "date": "2024-08-02", "close": 4629.055176, "volume": 55600, "typical_volume": 38648.6, "trend": 4027.698128, "fair_value": 3467.075069, "relative_strength": 14.843747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.118076, "energy": 51.544404, "activity_lines": [ 4596.061849, 4478.81298, 4404.821355, 4238.531883 ] }, { "date": "2024-08-09", "close": 4289.125, "volume": 57566, "typical_volume": 39866.25, "trend": 4042.038249, "fair_value": 3474.07148, "relative_strength": 6.29666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.435162, "energy": 34.447301, "activity_lines": [ 4510.07959, 4452.909277, 4404.710709, 4255.398133 ] }, { "date": "2024-08-16", "close": 4424.097656, "volume": 47658, "typical_volume": 40903.15, "trend": 4067.042415, "fair_value": 3482.573666, "relative_strength": 7.410493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.666247, "energy": 26.322897, "activity_lines": [ 4471.087728, 4457.544833, 4413.81122, 4280.047127 ] }, { "date": "2024-08-23", "close": 4604.209473, "volume": 61053, "typical_volume": 40558.75, "trend": 4100.216357, "fair_value": 3491.781073, "relative_strength": 11.161513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.496996, "energy": 26.883742, "activity_lines": [ 4499.79821, 4494.473526, 4437.231104, 4314.703066 ] }, { "date": "2024-08-30", "close": 4744.186035, "volume": 24088, "typical_volume": 39135.8, "trend": 4136.056755, "fair_value": 3500.892847, "relative_strength": 13.430886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.467922, "energy": 29.925225, "activity_lines": [ 4574.491081, 4548.669638, 4470.74329, 4356.249497 ] }, { "date": "2024-09-06", "close": 4529.222168, "volume": 31504, "typical_volume": 37803.6, "trend": 4168.730558, "fair_value": 3508.946939, "relative_strength": 10.494572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.41427, "energy": 27.321035, "activity_lines": [ 4571.520247, 4553.96242, 4481.615055, 4381.615007 ] }, { "date": "2024-09-13", "close": 4729.188477, "volume": 42366, "typical_volume": 37459.5, "trend": 4209.402881, "fair_value": 3520.044495, "relative_strength": 13.598377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.110629, "energy": 35.927762, "activity_lines": [ 4641.860384, 4589.702157, 4510.196761, 4417.773582 ] }, { "date": "2024-09-20", "close": 4899.15918, "volume": 53894, "typical_volume": 38739.8, "trend": 4271.403182, "fair_value": 3532.936259, "relative_strength": 17.706075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.828192, "energy": 44.590499, "activity_lines": [ 4739.519857, 4648.889826, 4553.012714, 4462.273989 ] }, { "date": "2024-09-27", "close": 4729.188477, "volume": 92763, "typical_volume": 41674.8, "trend": 4317.407332, "fair_value": 3545.827476, "relative_strength": 11.859656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.010516, "energy": 33.060466, "activity_lines": [ 4748.85166, 4670.626723, 4575.449933, 4491.808524 ] }, { "date": "2024-10-04", "close": 4689.195313, "volume": 69008, "typical_volume": 43149.6, "trend": 4360.078947, "fair_value": 3557.725642, "relative_strength": 10.822481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.873353, "energy": 31.597179, "activity_lines": [ 4736.520476, 4682.635299, 4592.172456, 4515.794845 ] }, { "date": "2024-10-11", "close": 4684.196289, "volume": 63695, "typical_volume": 44438.55, "trend": 4404.25013, "fair_value": 3568.470727, "relative_strength": 10.662814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.972229, "energy": 26.620217, "activity_lines": [ 4726.188998, 4693.095952, 4607.965104, 4536.705642 ] }, { "date": "2024-10-18", "close": 4964.147949, "volume": 49033, "typical_volume": 45655.45, "trend": 4452.254557, "fair_value": 3580.914283, "relative_strength": 15.366286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.863609, "energy": 29.871532, "activity_lines": [ 4798.843132, 4753.454341, 4649.132901, 4572.828082 ] }, { "date": "2024-10-25", "close": 5159.114746, "volume": 73237, "typical_volume": 46893.65, "trend": 4496.594067, "fair_value": 3594.927927, "relative_strength": 20.838002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.426311, "energy": 37.637397, "activity_lines": [ 4920.822233, 4836.988095, 4707.225677, 4618.431965 ] }, { "date": "2024-11-01", "close": 5139.117676, "volume": 116997, "typical_volume": 52073.45, "trend": 4537.095931, "fair_value": 3608.396999, "relative_strength": 20.765481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.941217, "energy": 49.803316, "activity_lines": [ 5018.805273, 4903.52207, 4759.794862, 4659.885101 ] }, { "date": "2024-11-08", "close": 4984.14502, "volume": 37807, "typical_volume": 53049.95, "trend": 4560.268262, "fair_value": 3619.367263, "relative_strength": 17.989297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.583937, "energy": 51.355374, "activity_lines": [ 5037.802149, 4932.153596, 4792.914432, 4688.726977 ] }, { "date": "2024-11-15", "close": 4659.200195, "volume": 50913, "typical_volume": 54261.9, "trend": 4573.942155, "fair_value": 3628.189535, "relative_strength": 10.06841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.840144, "energy": 29.7036, "activity_lines": [ 4928.820768, 4897.341353, 4791.372575, 4695.109683 ] }, { "date": "2024-11-22", "close": 5079.290527, "volume": 26943, "typical_volume": 54775.1, "trend": 4599.286296, "fair_value": 3640.281253, "relative_strength": 16.630593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.748123, "energy": 29.253601, "activity_lines": [ 4961.535905, 4936.545934, 4827.672375, 4727.712804 ] }, { "date": "2024-11-29", "close": 4904.314941, "volume": 58160, "typical_volume": 56301.15, "trend": 4628.795492, "fair_value": 3652.500543, "relative_strength": 12.065688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.578551, "energy": 17.840788, "activity_lines": [ 4928.249674, 4937.57128, 4843.687963, 4747.392071 ] }, { "date": "2024-12-06", "close": 4999.30127, "volume": 21540, "typical_volume": 53677.7, "trend": 4651.140007, "fair_value": 3664.688099, "relative_strength": 13.463855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.161829, "energy": 18.714092, "activity_lines": [ 4943.612207, 4955.773127, 4867.010624, 4771.29567 ] }, { "date": "2024-12-13", "close": 4819.32666, "volume": 38810, "typical_volume": 53631.75, "trend": 4658.654167, "fair_value": 3675.465725, "relative_strength": 9.211436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.963772, "energy": 18.483297, "activity_lines": [ 4908.304297, 4936.341175, 4871.263137, 4782.146421 ] }, { "date": "2024-12-20", "close": 4644.351563, "volume": 50136, "typical_volume": 53358.55, "trend": 4666.334408, "fair_value": 3685.762335, "relative_strength": 7.781786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.588975, "energy": 11.043887, "activity_lines": [ 4825.659245, 4882.729546, 4858.064323, 4781.223673 ] }, { "date": "2024-12-27", "close": 4519.368652, "volume": 9693, "typical_volume": 50964.9, "trend": 4663.011442, "fair_value": 3694.424969, "relative_strength": 3.952749, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.286367, "energy": 9.97816, "activity_lines": [ 4702.343132, 4807.1182, 4832.889535, 4771.742011 ] }, { "date": "2025-01-03", "close": 4649.350586, "volume": 42868, "typical_volume": 50725.4, "trend": 4671.35306, "fair_value": 3705.938774, "relative_strength": 5.698539, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.581188, "energy": 17.107817, "activity_lines": [ 4659.682454, 4763.226829, 4818.99758, 4770.860666 ] }, { "date": "2025-01-10", "close": 4699.34375, "volume": 132589, "typical_volume": 54302.2, "trend": 4689.526123, "fair_value": 3717.5168, "relative_strength": 6.274639, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.57096, "energy": 18.562393, "activity_lines": [ 4650.683789, 4737.693564, 4808.794245, 4772.666517 ] }, { "date": "2025-01-17", "close": 4749.336426, "volume": 27265, "typical_volume": 54461.05, "trend": 4707.699284, "fair_value": 3728.16608, "relative_strength": 3.917373, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.533574, "energy": 17.861364, "activity_lines": [ 4678.346517, 4729.245765, 4802.899098, 4776.525246 ] }, { "date": "2025-01-24", "close": 4759.335449, "volume": 27793, "typical_volume": 54275.5, "trend": 4726.205746, "fair_value": 3740.513038, "relative_strength": 3.84682, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.563118, "energy": 7.275648, "activity_lines": [ 4714.008268, 4726.885218, 4797.931713, 4779.856611 ] }, { "date": "2025-01-31", "close": 5119.284668, "volume": 46052, "typical_volume": 54459.8, "trend": 4752.877979, "fair_value": 3754.302523, "relative_strength": 9.069121, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.858901, "energy": 22.457922, "activity_lines": [ 4861.9875, 4788.149343, 4826.149428, 4805.216542 ] }, { "date": "2025-02-07", "close": 5399.245605, "volume": 67647, "typical_volume": 55147.45, "trend": 4781.550374, "fair_value": 3769.758509, "relative_strength": 14.067673, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.41189, "energy": 46.753434, "activity_lines": [ 5063.292643, 4899.58829, 4879.172489, 4846.917679 ] }, { "date": "2025-02-14", "close": 5419.242676, "volume": 32600, "typical_volume": 52139.3, "trend": 4809.05638, "fair_value": 3783.773156, "relative_strength": 13.406915, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.708782, "energy": 65.598472, "activity_lines": [ 5221.270475, 5005.664329, 4931.718669, 4888.059118 ] }, { "date": "2025-02-21", "close": 5439.240723, "volume": 29908, "typical_volume": 50184.3, "trend": 4835.229411, "fair_value": 3798.268345, "relative_strength": 13.851002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.922376, "energy": 72.849051, "activity_lines": [ 5337.921061, 5107.741078, 4982.883452, 4928.716172 ] }, { "date": "2025-02-28", "close": 5139.281738, "volume": 64042, "typical_volume": 50201.65, "trend": 4852.236963, "fair_value": 3808.470418, "relative_strength": 5.196573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.79762, "energy": 66.033851, "activity_lines": [ 5308.591699, 5144.008665, 5001.909068, 4948.332451 ] }, { "date": "2025-03-07", "close": 5449.23877, "volume": 61864, "typical_volume": 50843.2, "trend": 4890.907422, "fair_value": 3819.922681, "relative_strength": 12.496225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.999654, "energy": 61.293457, "activity_lines": [ 5357.251595, 5227.633345, 5048.287328, 4986.848697 ] }, { "date": "2025-03-14", "close": 5719.201172, "volume": 35947, "typical_volume": 48978.7, "trend": 4934.077539, "fair_value": 3833.329692, "relative_strength": 17.795645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.062196, "energy": 57.09163, "activity_lines": [ 5473.902018, 5343.435369, 5118.066337, 5040.287003 ] }, { "date": "2025-03-21", "close": 5769.194336, "volume": 65286, "typical_volume": 46393.15, "trend": 4972.910368, "fair_value": 3846.415551, "relative_strength": 17.728963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.932633, "energy": 54.198989, "activity_lines": [ 5585.886458, 5448.875231, 5189.939521, 5094.165506 ] }, { "date": "2025-03-28", "close": 5959.16748, "volume": 40451, "typical_volume": 46525.35, "trend": 5013.409749, "fair_value": 3860.783258, "relative_strength": 20.589719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.107883, "energy": 75.087261, "activity_lines": [ 5737.865169, 5569.403835, 5276.90502, 5157.794997 ] }, { "date": "2025-04-04", "close": 5679.36377, "volume": 50878, "typical_volume": 46523.6, "trend": 5051.747803, "fair_value": 3872.876864, "relative_strength": 22.679752, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.230664, "energy": 65.547551, "activity_lines": [ 5761.914193, 5617.062109, 5332.579583, 5200.759773 ] }, { "date": "2025-04-11", "close": 6319.29248, "volume": 41878, "typical_volume": 47270.35, "trend": 5104.75127, "fair_value": 3888.33583, "relative_strength": 36.881789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.049352, "energy": 72.658042, "activity_lines": [ 5963.267318, 5764.343271, 5444.341815, 5282.536849 ] }, { "date": "2025-04-18", "close": 6279.297363, "volume": 29026, "typical_volume": 45813.65, "trend": 5150.755876, "fair_value": 3903.890775, "relative_strength": 29.944629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.346737, "energy": 70.410746, "activity_lines": [ 6093.285156, 5882.534268, 5546.390218, 5358.314016 ] }, { "date": "2025-04-25", "close": 6099.316406, "volume": 49322, "typical_volume": 47202.75, "trend": 5196.426807, "fair_value": 3919.701422, "relative_strength": 23.337433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.7316, "energy": 51.158355, "activity_lines": [ 6125.969596, 5952.000515, 5624.750042, 5419.51147 ] }, { "date": "2025-05-02", "close": 6139.3125, "volume": 23109, "typical_volume": 46417.7, "trend": 5244.764046, "fair_value": 3936.633324, "relative_strength": 20.643099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.95678, "energy": 55.305247, "activity_lines": [ 6149.97793, 6016.373801, 5701.68085, 5480.342805 ] }, { "date": "2025-05-09", "close": 6409.282227, "volume": 18037, "typical_volume": 44812.75, "trend": 5302.266911, "fair_value": 3956.609129, "relative_strength": 25.59814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.941389, "energy": 58.850949, "activity_lines": [ 6251.966504, 6117.103915, 5798.037414, 5555.47301 ] }, { "date": "2025-05-16", "close": 5899.338867, "volume": 102827, "typical_volume": 49469.45, "trend": 5333.439941, "fair_value": 3972.898663, "relative_strength": 13.388522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.046432, "energy": 39.925561, "activity_lines": [ 6135.312728, 6102.026136, 5837.423512, 5593.993781 ] }, { "date": "2025-05-23", "close": 6409.282227, "volume": 43358, "typical_volume": 49493.95, "trend": 5375.112191, "fair_value": 3992.008592, "relative_strength": 21.917601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.922497, "energy": 42.219106, "activity_lines": [ 6216.636979, 6171.481694, 5918.804357, 5663.402961 ] }, { "date": "2025-05-30", "close": 6379.449219, "volume": 30697, "typical_volume": 44399.35, "trend": 5416.456576, "fair_value": 4011.696097, "relative_strength": 19.950903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.35689, "energy": 41.658557, "activity_lines": [ 6279.351237, 6222.96614, 5988.963337, 5728.198899 ] }, { "date": "2025-06-06", "close": 6589.431641, "volume": 44468, "typical_volume": 45259.5, "trend": 5469.96613, "fair_value": 4032.441337, "relative_strength": 22.159155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.371168, "energy": 43.175923, "activity_lines": [ 6393.384115, 6301.533665, 6071.120141, 5803.874709 ] }, { "date": "2025-06-13", "close": 6809.412598, "volume": 28826, "typical_volume": 45311.15, "trend": 5541.639876, "fair_value": 4056.006202, "relative_strength": 25.033978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.811226, "energy": 59.849422, "activity_lines": [ 6550.736035, 6408.638379, 6165.465153, 5890.29061 ] }, { "date": "2025-06-20", "close": 6679.423828, "volume": 25176, "typical_volume": 44267.35, "trend": 5594.977653, "fair_value": 4079.250346, "relative_strength": 22.745673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.543012, "energy": 59.826426, "activity_lines": [ 6638.083008, 6471.562429, 6237.668011, 5963.696027 ] }, { "date": "2025-06-27", "close": 6419.446289, "volume": 61019, "typical_volume": 43935.95, "trend": 5645.482031, "fair_value": 4101.052202, "relative_strength": 16.86592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.488485, "energy": 44.337719, "activity_lines": [ 6586.765137, 6480.669993, 6277.681869, 6016.887552 ] }, { "date": "2025-07-04", "close": 6719.42041, "volume": 27351, "typical_volume": 43673.5, "trend": 5702.819336, "fair_value": 4125.385612, "relative_strength": 21.116978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.025664, "energy": 44.478766, "activity_lines": [ 6634.761035, 6541.770144, 6341.406592, 6086.173899 ] }, { "date": "2025-07-11", "close": 6739.418457, "volume": 31907, "typical_volume": 43773.45, "trend": 5766.822396, "fair_value": 4150.103484, "relative_strength": 19.129172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.188547, "energy": 42.717975, "activity_lines": [ 6666.758203, 6595.231685, 6400.844569, 6153.051261 ] }, { "date": "2025-07-18", "close": 6569.433594, "volume": 28618, "typical_volume": 42002.25, "trend": 5830.991797, "fair_value": 4174.564594, "relative_strength": 14.881721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.270687, "energy": 34.66362, "activity_lines": [ 6632.094629, 6606.87587, 6437.902188, 6204.832629 ] }, { "date": "2025-07-25", "close": 6989.396973, "volume": 44451, "typical_volume": 41131.6, "trend": 5913.326074, "fair_value": 4201.621673, "relative_strength": 19.766455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.17444, "energy": 43.470906, "activity_lines": [ 6753.417448, 6691.96519, 6508.146073, 6279.568447 ] }, { "date": "2025-08-01", "close": 6989.396973, "volume": 26944, "typical_volume": 40681.45, "trend": 5991.327621, "fair_value": 4228.806888, "relative_strength": 19.713629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.059939, "energy": 42.797666, "activity_lines": [ 6854.075391, 6757.235272, 6571.055871, 6348.992376 ] }, { "date": "2025-08-08", "close": 7539.349609, "volume": 34794, "typical_volume": 39156.85, "trend": 6085.994482, "fair_value": 4259.677609, "relative_strength": 27.590627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.882788, "energy": 57.840248, "activity_lines": [ 7100.054167, 6911.949201, 6680.293559, 6448.864762 ] }, { "date": "2025-08-15", "close": 6999.396484, "volume": 44937, "typical_volume": 39381.15, "trend": 6160.996484, "fair_value": 4287.087092, "relative_strength": 17.083287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.814002, "energy": 57.847296, "activity_lines": [ 7111.386621, 6947.400737, 6729.67783, 6507.793923 ] }, { "date": "2025-08-22", "close": 7099.556152, "volume": 41344, "typical_volume": 38904.45, "trend": 6239.003841, "fair_value": 4315.297863, "relative_strength": 15.723342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.87586, "energy": 52.242308, "activity_lines": [ 7138.773763, 6993.609215, 6783.647645, 6568.34616 ] }, { "date": "2025-08-29", "close": 7399.537598, "volume": 21559, "typical_volume": 37888.5, "trend": 6315.012272, "fair_value": 4345.6238, "relative_strength": 21.524747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.911117, "energy": 54.448102, "activity_lines": [ 7230.813216, 7089.084437, 6859.4243, 6643.219306 ] }, { "date": "2025-09-05", "close": 7839.509766, "volume": 52860, "typical_volume": 39080.2, "trend": 6396.354411, "fair_value": 4377.296435, "relative_strength": 27.357907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.69139, "energy": 60.253881, "activity_lines": [ 7442.16735, 7251.461621, 6971.959043, 6741.573983 ] }, { "date": "2025-09-12", "close": 7859.508789, "volume": 49525, "typical_volume": 39090.35, "trend": 6477.696615, "fair_value": 4409.545764, "relative_strength": 25.655816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.696534, "energy": 66.595721, "activity_lines": [ 7603.513639, 7391.655655, 7078.968871, 6835.971039 ] }, { "date": "2025-09-19", "close": 7919.504883, "volume": 42576, "typical_volume": 40063.7, "trend": 6560.372087, "fair_value": 4442.980578, "relative_strength": 26.576257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.979724, "energy": 68.592437, "activity_lines": [ 7763.514681, 7522.02919, 7183.310745, 6928.990927 ] }, { "date": "2025-09-26", "close": 8119.492188, "volume": 32443, "typical_volume": 40784.0, "trend": 6659.712435, "fair_value": 4475.80726, "relative_strength": 27.713221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.652693, "energy": 74.61383, "activity_lines": [ 7928.837598, 7667.307937, 7298.221922, 7029.579321 ] }, { "date": "2025-10-03", "close": 8199.487305, "volume": 75552, "typical_volume": 39420.25, "trend": 6751.387386, "fair_value": 4509.274873, "relative_strength": 25.119683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.790635, "energy": 62.685727, "activity_lines": [ 8052.829818, 7798.948367, 7412.607824, 7128.919635 ] }, { "date": "2025-10-10", "close": 7899.505859, "volume": 51858, "typical_volume": 39845.25, "trend": 6824.064209, "fair_value": 4542.261132, "relative_strength": 20.45076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.808594, "energy": 48.499022, "activity_lines": [ 8023.498242, 7854.045073, 7487.470978, 7202.991795 ] }, { "date": "2025-10-17", "close": 7799.512207, "volume": 48254, "typical_volume": 40723.1, "trend": 6891.741471, "fair_value": 4573.805517, "relative_strength": 19.063436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.47486, "energy": 41.004182, "activity_lines": [ 7956.83571, 7874.413681, 7545.714623, 7265.923924 ] }, { "date": "2025-10-24", "close": 7499.53125, "volume": 65339, "typical_volume": 41766.65, "trend": 6943.08693, "fair_value": 4603.715265, "relative_strength": 10.568435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.623408, "energy": 26.345292, "activity_lines": [ 7794.179297, 7835.510068, 7568.626449, 7305.136168 ] }, { "date": "2025-10-31", "close": 7409.536621, "volume": 31952, "typical_volume": 41922.95, "trend": 7000.759359, "fair_value": 4632.022985, "relative_strength": 8.039515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.561481, "energy": 17.662158, "activity_lines": [ 7629.522917, 7771.150435, 7578.63355, 7335.229696 ] }, { "date": "2025-11-07", "close": 7359.540039, "volume": 24607, "typical_volume": 41894.5, "trend": 7035.434277, "fair_value": 4658.632687, "relative_strength": 7.278107, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.116037, "energy": 17.985008, "activity_lines": [ 7495.53138, 7692.064506, 7581.021338, 7358.376837 ] }, { "date": "2025-11-14", "close": 7919.504883, "volume": 69811, "typical_volume": 42334.1, "trend": 7090.107861, "fair_value": 4690.176464, "relative_strength": 14.510366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.92231, "energy": 18.252053, "activity_lines": [ 7604.191276, 7715.517596, 7633.500463, 7415.41365 ] }, { "date": "2025-11-21", "close": 7649.685059, "volume": 19052, "typical_volume": 41919.15, "trend": 7141.786816, "fair_value": 4718.64507, "relative_strength": 11.884472, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.141919, "energy": 13.832978, "activity_lines": [ 7621.577962, 7688.458079, 7653.139325, 7451.515405 ] }, { "date": "2025-11-28", "close": 8339.65625, "volume": 25118, "typical_volume": 41579.7, "trend": 7215.131608, "fair_value": 4751.408419, "relative_strength": 18.858428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.236358, "energy": 28.784077, "activity_lines": [ 7878.943522, 7790.662846, 7734.059898, 7528.797304 ] }, { "date": "2025-12-05", "close": 8239.661133, "volume": 34588, "typical_volume": 41878.2, "trend": 7276.144238, "fair_value": 4783.370587, "relative_strength": 17.299889, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.782794, "energy": 36.971765, "activity_lines": [ 8046.969043, 7867.047568, 7797.836947, 7594.895983 ] }, { "date": "2025-12-12", "close": 8769.638672, "volume": 31847, "typical_volume": 41248.0, "trend": 7371.820899, "fair_value": 4819.434865, "relative_strength": 24.000348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.441995, "energy": 52.341228, "activity_lines": [ 8336.31211, 8037.606951, 7904.134582, 7691.250462 ] }, { "date": "2025-12-19", "close": 8759.639648, "volume": 30900, "typical_volume": 41445.8, "trend": 7450.166146, "fair_value": 4854.634118, "relative_strength": 19.774405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.460866, "energy": 59.735656, "activity_lines": [ 8528.315592, 8195.981942, 8001.002588, 7780.787156 ] }, { "date": "2025-12-26", "close": 8979.629883, "volume": 18651, "typical_volume": 40638.65, "trend": 7536.838835, "fair_value": 4891.46782, "relative_strength": 21.986922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.789762, "energy": 61.19616, "activity_lines": [ 8737.640169, 8378.716362, 8110.392318, 7879.462235 ] }, { "date": "2026-01-02", "close": 8499.649414, "volume": 41534, "typical_volume": 40468.5, "trend": 7600.51276, "fair_value": 4922.950094, "relative_strength": 13.686891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.786165, "energy": 51.957601, "activity_lines": [ 8698.308268, 8452.72492, 8167.211144, 7941.579047 ] }, { "date": "2026-01-09", "close": 9499.608398, "volume": 43452, "typical_volume": 40573.9, "trend": 7690.185954, "fair_value": 4960.52199, "relative_strength": 23.717344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.425192, "energy": 57.757558, "activity_lines": [ 8981.629818, 8690.360236, 8312.120099, 8064.101346 ] }, { "date": "2026-01-16", "close": 10099.583984, "volume": 39474, "typical_volume": 41469.65, "trend": 7804.191292, "fair_value": 5002.003956, "relative_strength": 28.710524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.554793, "energy": 67.626318, "activity_lines": [ 9380.946745, 8999.080717, 8502.740764, 8219.54638 ] }, { "date": "2026-01-23", "close": 10749.556641, "volume": 74745, "typical_volume": 42563.9, "trend": 7948.528304, "fair_value": 5047.588341, "relative_strength": 36.52274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.457945, "energy": 77.278157, "activity_lines": [ 9908.258203, 9376.159064, 8742.406224, 8409.569951 ] }, { "date": "2026-01-30", "close": 10149.582031, "volume": 147630, "typical_volume": 47469.15, "trend": 8062.867025, "fair_value": 5089.647106, "relative_strength": 26.62999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.892831, "energy": 70.863225, "activity_lines": [ 10102.916992, 9592.695632, 8911.073879, 8551.573418 ] }, { "date": "2026-02-06", "close": 9919.591797, "volume": 105311, "typical_volume": 50605.9, "trend": 8168.872803, "fair_value": 5130.39176, "relative_strength": 21.017045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.379509, "energy": 61.086092, "activity_lines": [ 10142.91556, 9721.963121, 9046.932592, 8671.362113 ] }, { "date": "2026-02-13", "close": 10649.560547, "volume": 43852, "typical_volume": 51176.35, "trend": 8304.877035, "fair_value": 5176.488482, "relative_strength": 27.730353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.847788, "energy": 55.72712, "activity_lines": [ 10331.574219, 9955.226101, 9242.787914, 8831.406483 ] }, { "date": "2026-02-20", "close": 10849.552734, "volume": 29157, "typical_volume": 48856.6, "trend": 8433.548893, "fair_value": 5224.123499, "relative_strength": 26.025181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.141563, "energy": 49.659397, "activity_lines": [ 10510.233463, 10181.034943, 9445.642167, 8995.579109 ] }, { "date": "2026-02-27", "close": 12099.501953, "volume": 62002, "typical_volume": 49363.8, "trend": 8603.885726, "fair_value": 5279.034155, "relative_strength": 35.956761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.104625, "energy": 63.487515, "activity_lines": [ 11055.544531, 10596.29066, 9754.919843, 9232.09221 ] }, { "date": "2026-03-06", "close": 11099.542969, "volume": 91193, "typical_volume": 51510.75, "trend": 8722.558838, "fair_value": 5328.43186, "relative_strength": 30.916227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.448972, "energy": 54.737263, "activity_lines": [ 11177.539583, 10769.010884, 9948.963349, 9393.102354 ] }, { "date": "2026-03-13", "close": 10649.560547, "volume": 79293, "typical_volume": 52208.45, "trend": 8844.230973, "fair_value": 5372.894686, "relative_strength": 24.804976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.827515, "energy": 46.639837, "activity_lines": [ 11086.209766, 10821.372248, 10084.436954, 9517.425045 ] }, { "date": "2026-03-20", "close": 8799.637695, "volume": 110699, "typical_volume": 56145.8, "trend": 8900.900358, "fair_value": 5404.761205, "relative_strength": 6.150472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.546885, "energy": 22.660004, "activity_lines": [ 10329.574414, 10498.294709, 10028.72729, 9514.548059 ] }, { "date": "2026-03-27", "close": 9359.614258, "volume": 141628, "typical_volume": 61996.85, "trend": 8966.236247, "fair_value": 5439.864896, "relative_strength": 11.704687, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.447562, "energy": 17.837745, "activity_lines": [ 9882.926107, 10289.75783, 10019.729199, 9544.142505 ] }, { "date": "2026-04-03", "close": 10199.792969, "volume": 59777, "typical_volume": 61495.15, "trend": 9044.912354, "fair_value": 5479.841731, "relative_strength": 15.542975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.247504, "energy": 19.502098, "activity_lines": [ 9815.666602, 10247.434712, 10081.223965, 9623.726809 ] }, { "date": "2026-04-10", "close": 10699.782227, "volume": 52304, "typical_volume": 63157.75, "trend": 9139.588135, "fair_value": 5522.350819, "relative_strength": 18.746488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.568786, "energy": 20.610671, "activity_lines": [ 10041.717448, 10306.014435, 10179.478241, 9730.492608 ] }, { "date": "2026-04-17", "close": 11249.771484, "volume": 46675, "typical_volume": 64235.6, "trend": 9250.597021, "fair_value": 5569.154402, "relative_strength": 23.240197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.397495, "energy": 26.548336, "activity_lines": [ 10477.748763, 10454.588565, 10315.588174, 9866.633469 ] }, { "date": "2026-04-24", "close": 10299.791016, "volume": 40577, "typical_volume": 64535.05, "trend": 9323.273649, "fair_value": 5609.932444, "relative_strength": 15.276404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.025387, "energy": 27.176071, "activity_lines": [ 10557.10586, 10406.253889, 10347.366085, 9934.323404 ] }, { "date": "2026-05-01", "close": 9239.8125, "volume": 40828, "typical_volume": 64984.1, "trend": 9357.951156, "fair_value": 5643.050712, "relative_strength": 3.155942, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.223295, "energy": 13.127377, "activity_lines": [ 10183.126563, 10171.555291, 10268.383519, 9928.938814 ] }, { "date": "2026-05-08", "close": 9919.798828, "volume": 97129, "typical_volume": 68295.55, "trend": 9425.294255, "fair_value": 5681.008446, "relative_strength": 11.616259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.817656, "energy": 8.403733, "activity_lines": [ 10043.796159, 10089.758576, 10251.922633, 9965.187051 ] }, { "date": "2026-05-15", "close": 9699.802734, "volume": 48160, "typical_volume": 69771.0, "trend": 9488.637272, "fair_value": 5718.676348, "relative_strength": 8.8884, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.50911, "energy": 11.646052, "activity_lines": [ 9849.8, 10007.593537, 10208.98517, 9982.897275 ] }, { "date": "2026-05-22", "close": 9359.80957, "volume": 50786, "typical_volume": 70233.6, "trend": 9550.646549, "fair_value": 5755.222116, "relative_strength": 1.994949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.595468, "energy": 13.16653, "activity_lines": [ 9609.138086, 9889.061381, 10130.238011, 9974.58581 ] }, { "date": "2026-05-29", "close": 9820.0, "volume": 29055, "typical_volume": 69513.75, "trend": 9630.995329, "fair_value": 5794.557625, "relative_strength": 7.087937, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.876437, "energy": 15.494768, "activity_lines": [ 9647.870443, 9877.650231, 10091.222512, 9991.963452 ] }, { "date": "2026-06-05", "close": 8900.0, "volume": 16843, "typical_volume": 68382.2, "trend": 9682.343994, "fair_value": 5828.764648, "relative_strength": -2.798447, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.493131, "energy": 32.974204, "activity_lines": [ 9411.9222, 9680.414311, 9963.062291, 9944.802463 ] }, { "date": "2026-06-12", "close": 8620.0, "volume": 10956, "typical_volume": 65192.75, "trend": 9705.693831, "fair_value": 5862.041869, "relative_strength": -6.896942, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.652094, "energy": 45.918663, "activity_lines": [ 9105.294792, 9440.625923, 9813.947707, 9876.264141 ] }, { "date": "2026-06-19", "close": 8960.0, "volume": 3956, "typical_volume": 58009.05, "trend": 9749.370996, "fair_value": 5897.754894, "relative_strength": -2.431771, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.994649, "energy": 45.588153, "activity_lines": [ 8998.653971, 9291.379226, 9707.354822, 9828.154862 ] }, { "date": "2026-06-26", "close": 8700.0, "volume": 6874, "typical_volume": 53087.2, "trend": 9761.382454, "fair_value": 5931.993491, "relative_strength": -6.766595, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.095179, "energy": 65.463342, "activity_lines": [ 8854.666667, 9126.492205, 9581.664709, 9760.453507 ] }, { "date": "2026-07-03", "close": 8800.0, "volume": 2233, "typical_volume": 51006.25, "trend": 9780.060417, "fair_value": 5967.642065, "relative_strength": -7.330371, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.517888, "energy": 62.517816, "activity_lines": [ 8788.0, 9026.146484, 9471.305985, 9698.428833 ] }, { "date": "2026-07-10", "close": 8180.0, "volume": 27492, "typical_volume": 50923.0, "trend": 9760.405794, "fair_value": 5997.842456, "relative_strength": -12.416622, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.86184, "energy": 65.742436, "activity_lines": [ 8582.666667, 8840.342418, 9310.707073, 9595.199128 ] }, { "date": "2026-07-17", "close": 7720.0, "volume": 46619, "typical_volume": 50153.85, "trend": 9725.751139, "fair_value": 6025.510644, "relative_strength": -18.141713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.666782, "energy": 66.642276, "activity_lines": [ 8272.0, 8590.171307, 9119.010793, 9463.560045 ] }, { "date": "2026-07-24", "close": 8360.0, "volume": 44323, "typical_volume": 47810.35, "trend": 9705.09681, "fair_value": 6057.025079, "relative_strength": -12.500076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.936311, "energy": 54.579735, "activity_lines": [ 8234.666667, 8496.360174, 9009.121666, 9375.447068 ] }, { "date": "2026-07-31", "close": 8120.0, "volume": 19039, "typical_volume": 44797.65, "trend": 9692.441829, "fair_value": 6087.513688, "relative_strength": -16.000672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.30107, "energy": 53.883572, "activity_lines": [ 8157.333333, 8383.272727, 8889.420838, 9273.182758 ] }, { "date": "2026-08-07", "close": 9960.0, "volume": 66935, "typical_volume": 42609.45, "trend": 9707.788216, "fair_value": 6128.355387, "relative_strength": 2.533814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.658195, "energy": 19.9697, "activity_lines": [ 8732.0, 8627.272727, 8957.003632, 9290.444575 ] } ], "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." } } }