{ "ticker": { "uuid": "9daa516a-fd06-4414-98b2-3c70ad8dfea3", "symbol": "ONTO", "name": "ONTO INNOVATION INC", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 38.947, "architecture_energy": 53.647, "architecture_maturity": 90.946, "architecture_confidence": 87.516, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 25.91, "rotation_up": 50.74, "upward_expansion": 77.17, "deceleration": 59.76, "rotation_down": 30.62, "downward_expansion": 24.83 }, "activity_lines": [ 5236.641341, 5269.896396, 4989.525414, 4676.888608 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 4520.0, "trend_reference": 4307.534351, "distance_from_trend": 0.049324, "trend_direction": "Improving", "fair_value": 3477.66079, "distance_from_fair_value": 0.299724, "fair_value_direction": "Weakening", "relative_strength": 27.418668, "relative_strength_direction": "Weakening", "price_momentum": 0.280453, "excess_performance": 0.33512, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049324, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.235527, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.299724, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.185, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.274187, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.372942, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.280453, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.0, "dry_up": 0.178147, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.045448, "annualized_volatility": 0.633602, "from_high_reference": -0.192857, "from_low_reference": 1.31202 }, "levels": { "trend_reference": 4307.534351, "fair_value_reference": 3477.66079, "structural_low": 3530.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.019547, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.06892, "regime_survival": 0.714286, "best_return": 0.373159, "worst_return": -0.089437, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.24858, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.226241, "regime_survival": 1.0, "best_return": 0.250347, "worst_return": 0.246813, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.558949, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.515352, "regime_survival": 1.0, "best_return": 0.558949, "worst_return": 0.558949, "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": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-11-28", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.33065, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": -0.020913, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": 0.019547, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.255904, "active": true } ], "chart_path": [ { "date": "2024-02-23", "close": 3061.0, "volume": 10, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3061.0, "volume": 0, "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": 3825.889893, "volume": 3008, "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": 3825.889893, "volume": 0, "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": 3858.899902, "volume": 722, "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": 3858.899902, "volume": 0, "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": 3858.899902, "volume": 0, "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": 3858.899902, "volume": 0, "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": 4008.27002, "volume": 1200, "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": 4008.27002, "volume": 0, "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": 4008.27002, "volume": 0, "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": 4008.27002, "volume": 0, "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": 4008.27002, "volume": 0, "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": 4008.27002, "volume": 0, "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": 4008.27002, "volume": 0, "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": 4008.27002, "volume": 0, "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": 4124.450195, "volume": 400, "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": 4124.450195, "volume": 0, "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": 4124.450195, "volume": 0, "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": 4124.450195, "volume": 0, "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": 3911.939941, "volume": 446, "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": 3911.939941, "volume": 0, "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": 3911.939941, "volume": 0, "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": 3911.939941, "volume": 0, "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": 3911.939941, "volume": 0, "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": 4135.0, "volume": 120, "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": 3637.5, "volume": 35, "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": 3637.5, "volume": 0, "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": 3323.0, "volume": 1155, "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": 3323.0, "volume": 0, "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": 3323.0, "volume": 0, "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": 3323.0, "volume": 0, "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": 3323.0, "volume": 0, "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": 3323.0, "volume": 0, "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": 3323.0, "volume": 0, "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": 3465.0, "volume": 17, "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": 3465.0, "volume": 0, "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": 4480.919922, "volume": 3498, "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": 4480.919922, "volume": 0, "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": 4480.919922, "volume": 0, "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": 4291.370117, "volume": 200, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 4291.370117, "volume": 0, "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": 1980.0, "volume": 79, "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": 1996.22998, "volume": 2377, "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": 1996.22998, "volume": 0, "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": 1996.22998, "volume": 0, "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": 1996.22998, "volume": 0, "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": 1910.0, "volume": 8, "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": 1910.0, "volume": 0, "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": 1910.0, "volume": 0, "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": 1910.0, "volume": 0, "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": 1951.0, "volume": 35, "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": 1951.0, "volume": 0, "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": 1951.0, "volume": 0, "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": 1951.0, "volume": 0, "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": 1951.0, "volume": 0, "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": 1970.0, "volume": 8, "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": "2025-08-22", "close": 1955.0, "volume": 35, "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": "2025-08-29", "close": 2032.0, "volume": 26, "typical_volume": 128.4, "trend": 2970.157715, "fair_value": 3401.144141, "relative_strength": -44.572069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.999998, "energy": 83.549996, "activity_lines": [ 1982.866667, 1966.909091, 2025.524763, 2415.69002 ] }, { "date": "2025-09-05", "close": 2032.0, "volume": 0, "typical_volume": 128.4, "trend": 2894.845377, "fair_value": 3384.241126, "relative_strength": -45.402398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.999935, "energy": 63.549842, "activity_lines": [ 2002.933333, 1981.236364, 1999.091285, 2355.163716 ] }, { "date": "2025-09-12", "close": 2032.0, "volume": 10, "typical_volume": 128.9, "trend": 2819.53304, "fair_value": 3367.750381, "relative_strength": -45.78151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.999995, "energy": 60.399987, "activity_lines": [ 2017.6, 1993.345455, 1983.416713, 2299.496272 ] }, { "date": "2025-09-19", "close": 2032.0, "volume": 0, "typical_volume": 128.9, "trend": 2744.220703, "fair_value": 3351.657003, "relative_strength": -44.516539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.999274, "energy": 60.398233, "activity_lines": [ 2026.866667, 2003.236364, 1978.501046, 2248.687689 ] }, { "date": "2025-09-26", "close": 2395.0, "volume": 68, "typical_volume": 128.35, "trend": 2681.008366, "fair_value": 3340.268229, "relative_strength": -35.021448, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 16.959588, "energy": 40.534599, "activity_lines": [ 2153.0, 2077.654545, 2018.915713, 2226.157321 ] }, { "date": "2025-10-03", "close": 2395.0, "volume": 0, "typical_volume": 9.5, "trend": 2617.796029, "fair_value": 3329.147426, "relative_strength": -33.915874, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 40.018718, "energy": 58.68983, "activity_lines": [ 2249.8, 2144.0, 2057.35419, 2207.705168 ] }, { "date": "2025-10-10", "close": 2395.0, "volume": 0, "typical_volume": 9.5, "trend": 2554.583691, "fair_value": 3318.285247, "relative_strength": -31.581172, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 39.895532, "energy": 58.956479, "activity_lines": [ 2322.4, 2202.272727, 2093.893762, 2193.331231 ] }, { "date": "2025-10-17", "close": 2395.0, "volume": 0, "typical_volume": 9.5, "trend": 2491.371354, "fair_value": 3307.672773, "relative_strength": -32.092715, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 28.417873, "energy": 54.945804, "activity_lines": [ 2370.8, 2252.472727, 2128.534428, 2183.035509 ] }, { "date": "2025-10-24", "close": 2395.0, "volume": 0, "typical_volume": 9.5, "trend": 2428.159017, "fair_value": 3297.301491, "relative_strength": -30.475889, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 13.331393, "energy": 69.451024, "activity_lines": [ 2395.0, 2294.6, 2161.27619, 2176.818002 ] }, { "date": "2025-10-31", "close": 2395.0, "volume": 0, "typical_volume": 9.1, "trend": 2364.94668, "fair_value": 3287.163272, "relative_strength": -31.486185, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.318671, "energy": 78.87548, "activity_lines": [ 2395.0, 2329.0, 2192.119048, 2174.678711 ] }, { "date": "2025-11-07", "close": 2395.0, "volume": 0, "typical_volume": 9.1, "trend": 2301.734342, "fair_value": 3277.250347, "relative_strength": -31.375247, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.92421, "energy": 58.465721, "activity_lines": [ 2395.0, 2355.4, 2220.652381, 2176.617635 ] }, { "date": "2025-11-14", "close": 2395.0, "volume": 0, "typical_volume": 9.1, "trend": 2238.522005, "fair_value": 3267.555288, "relative_strength": -29.547395, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.456577, "energy": 57.672249, "activity_lines": [ 2395.0, 2375.2, 2246.87619, 2182.634774 ] }, { "date": "2025-11-21", "close": 2395.0, "volume": 0, "typical_volume": 9.1, "trend": 2175.309668, "fair_value": 3258.070992, "relative_strength": -28.346598, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.921541, "energy": 66.164834, "activity_lines": [ 2395.0, 2388.4, 2270.790476, 2192.730129 ] }, { "date": "2025-11-28", "close": 2395.0, "volume": 0, "typical_volume": 7.35, "trend": 2112.097331, "fair_value": 3248.790659, "relative_strength": -29.555382, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.22101, "energy": 82.69354, "activity_lines": [ 2395.0, 2395.0, 2292.395238, 2206.903698 ] }, { "date": "2025-12-05", "close": 2886.560059, "volume": 208, "typical_volume": 17.75, "trend": 2142.315999, "fair_value": 3244.937142, "relative_strength": -14.212778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.129137, "energy": 77.210543, "activity_lines": [ 2558.853353, 2484.374556, 2358.700958, 2256.869036 ] }, { "date": "2025-12-12", "close": 2886.560059, "volume": 0, "typical_volume": 17.75, "trend": 2171.993669, "fair_value": 3241.164751, "relative_strength": -15.374957, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.244194, "energy": 77.955546, "activity_lines": [ 2689.936035, 2564.811657, 2420.55163, 2304.884781 ] }, { "date": "2025-12-19", "close": 2886.560059, "volume": 0, "typical_volume": 17.75, "trend": 2201.671338, "fair_value": 3237.470952, "relative_strength": -13.700061, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.415537, "energy": 95.100518, "activity_lines": [ 2788.248047, 2636.311302, 2477.947254, 2350.985839 ] }, { "date": "2025-12-26", "close": 2865.0, "volume": 50, "typical_volume": 20.25, "trend": 2230.630339, "fair_value": 3233.631046, "relative_strength": -15.787086, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.433149, "energy": 92.451602, "activity_lines": [ 2846.602702, 2694.95348, 2528.834491, 2393.781236 ] }, { "date": "2026-01-02", "close": 2865.0, "volume": 0, "typical_volume": 19.85, "trend": 2259.589339, "fair_value": 3229.869504, "relative_strength": -12.981315, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.333328, "energy": 88.566654, "activity_lines": [ 2873.624024, 2745.050204, 2575.369348, 2434.708311 ] }, { "date": "2026-01-09", "close": 2865.0, "volume": 0, "typical_volume": 18.1, "trend": 2291.422673, "fair_value": 3226.183954, "relative_strength": -14.664947, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.333206, "energy": 88.566357, "activity_lines": [ 2869.312012, 2786.601474, 2617.642299, 2473.767064 ] }, { "date": "2026-01-16", "close": 3841.0, "volume": 8, "typical_volume": 17.2, "trend": 2355.789339, "fair_value": 3232.332114, "relative_strength": 13.970193, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.302328, "energy": 79.003521, "activity_lines": [ 3191.770671, 2997.061834, 2748.534298, 2573.739794 ] }, { "date": "2026-01-23", "close": 3666.679932, "volume": 39, "typical_volume": 19.15, "trend": 2414.345337, "fair_value": 3236.632588, "relative_strength": 8.508075, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.681623, "energy": 78.467427, "activity_lines": [ 3392.493311, 3149.536728, 2854.210101, 2658.313381 ] }, { "date": "2026-01-30", "close": 3590.0, "volume": 33, "typical_volume": 20.3, "trend": 2470.345337, "fair_value": 3240.096974, "relative_strength": 8.62584, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.301247, "energy": 73.095746, "activity_lines": [ 3515.647982, 3264.948362, 2944.798862, 2734.162069 ] }, { "date": "2026-02-06", "close": 3530.0, "volume": 33, "typical_volume": 21.95, "trend": 2522.97867, "fair_value": 3242.911567, "relative_strength": 3.242435, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.996311, "energy": 68.092586, "activity_lines": [ 3570.46932, 3347.723633, 3022.25429, 2802.526886 ] }, { "date": "2026-02-13", "close": 3821.0, "volume": 102, "typical_volume": 23.65, "trend": 2585.312004, "fair_value": 3248.470109, "relative_strength": 11.860832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.182889, "energy": 75.077464, "activity_lines": [ 3677.957324, 3462.771631, 3120.29067, 2886.270198 ] }, { "date": "2026-02-20", "close": 3599.0, "volume": 5, "typical_volume": 23.9, "trend": 2640.245337, "fair_value": 3251.808489, "relative_strength": 6.689559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.032499, "energy": 67.861325, "activity_lines": [ 3647.711995, 3520.466175, 3190.393718, 2951.669423 ] }, { "date": "2026-02-27", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 2695.17867, "fair_value": 3255.083881, "relative_strength": 8.127493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.296476, "energy": 66.442699, "activity_lines": [ 3633.6, 3565.207267, 3254.763431, 3013.524563 ] }, { "date": "2026-03-06", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 2750.112004, "fair_value": 3258.29805, "relative_strength": 16.02932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.157006, "energy": 66.413667, "activity_lines": [ 3624.0, 3596.994904, 3313.399812, 3071.835616 ] }, { "date": "2026-03-13", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 2804.412004, "fair_value": 3261.452698, "relative_strength": 20.324313, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.592369, "energy": 59.833112, "activity_lines": [ 3613.8, 3615.437087, 3366.302859, 3126.602584 ] }, { "date": "2026-03-20", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 2859.212004, "fair_value": 3264.549462, "relative_strength": 24.497205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.938818, "energy": 58.337495, "activity_lines": [ 3599.0, 3620.533816, 3413.472573, 3177.866325 ] }, { "date": "2026-03-27", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 2911.445337, "fair_value": 3267.589921, "relative_strength": 21.116518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.755544, "energy": 56.004721, "activity_lines": [ 3599.0, 3612.28509, 3454.908953, 3225.594583 ] }, { "date": "2026-04-03", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 2963.67867, "fair_value": 3270.575598, "relative_strength": 17.48621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.704255, "energy": 53.875458, "activity_lines": [ 3599.0, 3608.436364, 3490.612, 3269.952949 ] }, { "date": "2026-04-10", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 3015.912004, "fair_value": 3273.507959, "relative_strength": 18.604222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.572993, "energy": 51.264405, "activity_lines": [ 3599.0, 3605.818182, 3520.581714, 3310.941422 ] }, { "date": "2026-04-17", "close": 3599.0, "volume": 0, "typical_volume": 23.9, "trend": 3068.145337, "fair_value": 3276.388419, "relative_strength": 20.511825, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.589265, "energy": 79.33242, "activity_lines": [ 3599.0, 3603.036364, 3544.818094, 3348.560002 ] }, { "date": "2026-04-24", "close": 3599.0, "volume": 0, "typical_volume": 13.5, "trend": 3108.27867, "fair_value": 3279.218345, "relative_strength": 22.85592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.48555, "energy": 82.682937, "activity_lines": [ 3599.0, 3599.0, 3563.321141, 3382.80869 ] }, { "date": "2026-05-01", "close": 3599.0, "volume": 0, "typical_volume": 13.5, "trend": 3148.412004, "fair_value": 3281.999055, "relative_strength": 26.714383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.467362, "energy": 82.712526, "activity_lines": [ 3599.0, 3599.0, 3578.431617, 3414.46813 ] }, { "date": "2026-05-08", "close": 4893.490234, "volume": 313, "typical_volume": 29.15, "trend": 3231.695011, "fair_value": 3295.891221, "relative_strength": 64.712823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.638915, "energy": 95.425441, "activity_lines": [ 4030.496745, 3834.361861, 3713.434306, 3527.053823 ] }, { "date": "2026-05-15", "close": 4942.0, "volume": 93, "typical_volume": 31.3, "trend": 3316.595011, "fair_value": 3309.960526, "relative_strength": 68.035659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.504069, "energy": 97.465211, "activity_lines": [ 4391.864062, 4055.007493, 3843.500163, 3637.39608 ] }, { "date": "2026-05-22", "close": 4942.0, "volume": 0, "typical_volume": 31.3, "trend": 3401.495011, "fair_value": 3323.791369, "relative_strength": 64.370921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.129646, "energy": 97.94426, "activity_lines": [ 4663.698047, 4251.234943, 3963.675543, 3742.260918 ] }, { "date": "2026-05-29", "close": 4942.0, "volume": 0, "typical_volume": 31.3, "trend": 3486.395011, "fair_value": 3337.389761, "relative_strength": 61.117864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.289732, "energy": 94.151338, "activity_lines": [ 4845.998698, 4423.044212, 4073.960447, 3841.648337 ] }, { "date": "2026-06-05", "close": 4500.0, "volume": 0, "typical_volume": 30.9, "trend": 3556.561678, "fair_value": 3347.07818, "relative_strength": 49.963863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.325163, "energy": 88.548455, "activity_lines": [ 4791.432682, 4490.071662, 4132.259637, 3907.042207 ] }, { "date": "2026-06-12", "close": 4500.0, "volume": 0, "typical_volume": 28.95, "trend": 3626.728345, "fair_value": 3356.606459, "relative_strength": 43.950893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.212989, "energy": 68.287181, "activity_lines": [ 4676.8, 4540.717294, 4187.420731, 3967.909195 ] }, { "date": "2026-06-19", "close": 4500.0, "volume": 0, "typical_volume": 27.3, "trend": 3696.895011, "fair_value": 3365.978538, "relative_strength": 42.542996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.815986, "energy": 65.266691, "activity_lines": [ 4588.4, 4574.981108, 4238.613635, 4024.249302 ] }, { "date": "2026-06-26", "close": 5549.620117, "volume": 0, "typical_volume": 25.65, "trend": 3802.049015, "fair_value": 3383.731721, "relative_strength": 73.518386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.474053, "energy": 73.999492, "activity_lines": [ 4879.340039, 4783.703125, 4385.437026, 4143.779954 ] }, { "date": "2026-07-03", "close": 5549.620117, "volume": 0, "typical_volume": 20.55, "trend": 3890.817684, "fair_value": 3401.198563, "relative_strength": 70.513396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.050453, "energy": 76.193386, "activity_lines": [ 5129.77207, 4956.959322, 4522.643178, 4256.526477 ] }, { "date": "2026-07-10", "close": 5549.620117, "volume": 0, "typical_volume": 20.3, "trend": 3979.586353, "fair_value": 3418.385936, "relative_strength": 68.686532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.995863, "energy": 74.123717, "activity_lines": [ 5339.696094, 5094.749698, 4651.617806, 4363.545989 ] }, { "date": "2026-07-17", "close": 5600.0, "volume": 15, "typical_volume": 21.05, "trend": 4070.034351, "fair_value": 3435.700333, "relative_strength": 66.666661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.105521, "energy": 90.296382, "activity_lines": [ 5496.438737, 5206.234233, 4776.101851, 4468.088805 ] }, { "date": "2026-07-24", "close": 5600.0, "volume": 0, "typical_volume": 21.05, "trend": 4161.201017, "fair_value": 3452.742063, "relative_strength": 64.146425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.515883, "energy": 89.058395, "activity_lines": [ 5579.848047, 5304.873136, 4891.057324, 4566.796266 ] }, { "date": "2026-07-31", "close": 5600.0, "volume": 0, "typical_volume": 21.05, "trend": 4252.367684, "fair_value": 3469.517515, "relative_strength": 59.835566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.66589, "energy": 76.382101, "activity_lines": [ 5589.924023, 5391.548402, 4996.484226, 4659.622007 ] }, { "date": "2026-08-07", "close": 4520.0, "volume": 0, "typical_volume": 21.05, "trend": 4307.534351, "fair_value": 3477.66079, "relative_strength": 27.418668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.947353, "energy": 53.647467, "activity_lines": [ 5236.641341, 5269.896396, 4989.525414, 4676.888608 ] } ], "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." } } }