{ "ticker": { "uuid": "9e16b4ec-0db5-44b8-9d71-825abdff220f", "symbol": "TBCG", "name": "TBC Bank Group PLC", "exchange": "LSE", "country": "GB", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 68.833, "architecture_energy": 62.089, "architecture_maturity": 11.586, "architecture_confidence": 81.351, "architecture_tenure": "New", "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": 23.64, "rotation_up": 73.21, "upward_expansion": 90.27, "deceleration": 40.29, "rotation_down": 11.2, "downward_expansion": 12.27 }, "activity_lines": [ 4823.2, 4724.218182, 4658.556166, 4602.599048 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 4936.0, "trend_reference": 4508.459684, "distance_from_trend": 0.094831, "trend_direction": "Improving", "fair_value": 3653.352304, "distance_from_fair_value": 0.351088, "fair_value_direction": "Improving", "relative_strength": 4.113955, "relative_strength_direction": "Improving", "price_momentum": 0.158322, "excess_performance": 0.107087, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094831, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054968, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.351088, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.010451, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.04114, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.043381, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.158322, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.42618, "read": "Demand-led" } ], "volume": { "latest": 1076514, "relative_activity": 2.860122, "balance": 2.42618, "dry_up": 1.484151, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.057876, "annualized_volatility": 0.332771, "from_high_reference": -0.050542, "from_low_reference": 0.366764 }, "levels": { "trend_reference": 4508.459684, "fair_value_reference": 3653.352304, "structural_low": 3911.637412, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.005294, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.002288, "regime_survival": 0.833333, "best_return": 0.315961, "worst_return": -0.158333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.058479, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": 0.048476, "regime_survival": 0.5, "best_return": 0.286385, "worst_return": -0.068301, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.065339, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.00377, "regime_survival": 0.571429, "best_return": 0.447537, "worst_return": -0.178603, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.223761, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.113818, "regime_survival": 0.5, "best_return": 0.57389, "worst_return": 0.08078, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-10-04", "tenure": "New", "return": -0.081415, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": 0.064516, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-15", "tenure": "New", "return": 0.042484, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-04-11", "tenure": "Established", "return": 0.276995, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.098131, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-08-15", "tenure": "Established", "return": 0.042626, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-24", "tenure": "Developing", "return": -0.070701, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-01-30", "tenure": "Established", "return": -0.02399, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": 0.093787, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.165281, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.267289, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": -0.075343, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": 0.087711, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.025769, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2807.750244, "volume": 165478, "typical_volume": 303565.85, "trend": 2415.647925, "fair_value": 1584.338245, "relative_strength": 30.183012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.93025, "energy": 77.517635, "activity_lines": [ 2657.804102, 2579.884064, 2510.929179, 2459.163968 ] }, { "date": "2023-08-25", "close": 2792.788818, "volume": 213809, "typical_volume": 302262.1, "trend": 2430.306852, "fair_value": 1596.443822, "relative_strength": 26.931427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.276899, "energy": 81.345703, "activity_lines": [ 2721.306787, 2626.128285, 2543.960086, 2483.495639 ] }, { "date": "2023-09-01", "close": 2817.724365, "volume": 494013, "typical_volume": 312034.35, "trend": 2441.642619, "fair_value": 1608.728395, "relative_strength": 24.791771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.257754, "energy": 85.428098, "activity_lines": [ 2773.83776, 2671.919118, 2576.868109, 2508.490317 ] }, { "date": "2023-09-08", "close": 2738.696533, "volume": 188307, "typical_volume": 303524.35, "trend": 2452.670557, "fair_value": 1620.219087, "relative_strength": 20.220639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.338748, "energy": 76.842727, "activity_lines": [ 2777.750325, 2697.719411, 2599.372103, 2527.655086 ] }, { "date": "2023-09-15", "close": 2863.40918, "volume": 352318, "typical_volume": 299281.45, "trend": 2462.039494, "fair_value": 1632.100627, "relative_strength": 20.883502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.234973, "energy": 72.008561, "activity_lines": [ 2807.888867, 2741.193679, 2631.275985, 2554.154352 ] }, { "date": "2023-09-22", "close": 2923.271973, "volume": 394649, "typical_volume": 303012.2, "trend": 2481.546379, "fair_value": 1644.519125, "relative_strength": 22.788653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.775485, "energy": 59.270625, "activity_lines": [ 2847.621582, 2786.56072, 2666.426925, 2583.911286 ] }, { "date": "2023-09-29", "close": 2978.145264, "volume": 204269, "typical_volume": 301052.95, "trend": 2498.894198, "fair_value": 1657.199994, "relative_strength": 25.172894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.848386, "energy": 60.357401, "activity_lines": [ 2897.943946, 2834.454501, 2704.397021, 2615.949924 ] }, { "date": "2023-10-06", "close": 2858.421387, "volume": 213066, "typical_volume": 281280.25, "trend": 2515.408529, "fair_value": 1669.215552, "relative_strength": 20.96697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.114712, "energy": 55.040552, "activity_lines": [ 2896.001254, 2851.951034, 2727.873612, 2639.145226 ] }, { "date": "2023-10-13", "close": 2743.685547, "volume": 248713, "typical_volume": 278210.9, "trend": 2534.080583, "fair_value": 1680.763762, "relative_strength": 13.727106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.749137, "energy": 46.094559, "activity_lines": [ 2853.100147, 2841.771342, 2738.638056, 2653.872776 ] }, { "date": "2023-10-20", "close": 2668.857422, "volume": 195306, "typical_volume": 274980.6, "trend": 2551.255412, "fair_value": 1691.70462, "relative_strength": 12.92107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.38639, "energy": 27.93909, "activity_lines": [ 2784.923731, 2813.710853, 2740.586232, 2662.568056 ] }, { "date": "2023-10-27", "close": 2613.983643, "volume": 244160, "typical_volume": 266536.2, "trend": 2563.942334, "fair_value": 1702.593783, "relative_strength": 11.670921, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.228285, "energy": 20.012952, "activity_lines": [ 2711.426172, 2776.385139, 2736.117369, 2666.615039 ] }, { "date": "2023-11-03", "close": 2763.639404, "volume": 260023, "typical_volume": 256350.25, "trend": 2580.454574, "fair_value": 1714.154986, "relative_strength": 15.510814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.582118, "energy": 21.618367, "activity_lines": [ 2708.433089, 2769.792592, 2745.114264, 2679.498721 ] }, { "date": "2023-11-10", "close": 2723.730957, "volume": 274944, "typical_volume": 251218.4, "trend": 2597.464445, "fair_value": 1724.400578, "relative_strength": 14.21932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.285296, "energy": 19.005072, "activity_lines": [ 2706.437581, 2756.473953, 2749.14301, 2688.742358 ] }, { "date": "2023-11-17", "close": 2678.834473, "volume": 306068, "typical_volume": 242497.25, "trend": 2612.811589, "fair_value": 1733.566723, "relative_strength": 9.777067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.564165, "energy": 11.366596, "activity_lines": [ 2698.455941, 2736.701287, 2747.8711, 2693.992037 ] }, { "date": "2023-11-24", "close": 2748.67334, "volume": 196763, "typical_volume": 245033.95, "trend": 2626.166178, "fair_value": 1743.448691, "relative_strength": 12.371185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.29106, "energy": 8.216941, "activity_lines": [ 2718.077328, 2730.714999, 2752.225769, 2702.757312 ] }, { "date": "2023-12-01", "close": 2743.685547, "volume": 661584, "typical_volume": 272568.15, "trend": 2637.028068, "fair_value": 1753.43914, "relative_strength": 11.068949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.304481, "energy": 11.25104, "activity_lines": [ 2730.715055, 2725.907946, 2754.296888, 2710.339206 ] }, { "date": "2023-12-08", "close": 2773.616211, "volume": 624196, "typical_volume": 288442.2, "trend": 2651.849056, "fair_value": 1763.621452, "relative_strength": 11.417073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.884515, "energy": 14.390627, "activity_lines": [ 2744.682878, 2729.808039, 2758.122472, 2719.151345 ] }, { "date": "2023-12-15", "close": 2788.582031, "volume": 306950, "typical_volume": 299130.1, "trend": 2662.015544, "fair_value": 1773.835858, "relative_strength": 11.203206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.724142, "energy": 18.678473, "activity_lines": [ 2762.974186, 2740.1479, 2762.087272, 2727.972827 ] }, { "date": "2023-12-22", "close": 2868.398682, "volume": 376786, "typical_volume": 313117.9, "trend": 2678.001107, "fair_value": 1784.408684, "relative_strength": 12.071387, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.263694, "energy": 31.070431, "activity_lines": [ 2803.54764, 2766.269687, 2772.201303, 2741.287868 ] }, { "date": "2023-12-29", "close": 2823.501953, "volume": 189795, "typical_volume": 305559.85, "trend": 2691.492676, "fair_value": 1794.527719, "relative_strength": 9.419464, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.135141, "energy": 35.96063, "activity_lines": [ 2816.517904, 2781.96092, 2776.325762, 2750.675019 ] }, { "date": "2024-01-05", "close": 2783.593262, "volume": 187697, "typical_volume": 306670.8, "trend": 2702.656535, "fair_value": 1803.918493, "relative_strength": 8.008581, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.479638, "energy": 32.175071, "activity_lines": [ 2811.196696, 2787.584309, 2776.09942, 2756.616993 ] }, { "date": "2024-01-12", "close": 2848.444092, "volume": 177677, "typical_volume": 304864.2, "trend": 2713.654769, "fair_value": 1813.827128, "relative_strength": 10.865206, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.172048, "energy": 36.903033, "activity_lines": [ 2824.831917, 2801.914946, 2782.164381, 2766.022642 ] }, { "date": "2024-01-19", "close": 2953.202881, "volume": 185365, "typical_volume": 289431.8, "trend": 2728.477433, "fair_value": 1824.77758, "relative_strength": 16.765509, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.280589, "energy": 43.535915, "activity_lines": [ 2868.39821, 2833.750733, 2797.941345, 2781.477359 ] }, { "date": "2024-01-26", "close": 2778.60498, "volume": 320674, "typical_volume": 296050.15, "trend": 2738.97631, "fair_value": 1834.813113, "relative_strength": 7.000218, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.645116, "energy": 25.155604, "activity_lines": [ 2842.790478, 2829.669229, 2796.444801, 2784.711394 ] }, { "date": "2024-02-02", "close": 2903.317871, "volume": 159909, "typical_volume": 286429.7, "trend": 2756.79078, "fair_value": 1845.124577, "relative_strength": 11.663163, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.385452, "energy": 35.952927, "activity_lines": [ 2864.739958, 2846.448788, 2806.635635, 2795.314075 ] }, { "date": "2024-02-09", "close": 2933.248779, "volume": 160066, "typical_volume": 274700.55, "trend": 2770.78208, "fair_value": 1856.189721, "relative_strength": 12.932579, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.001799, "energy": 42.393749, "activity_lines": [ 2891.345345, 2865.858611, 2819.486991, 2806.698462 ] }, { "date": "2024-02-16", "close": 2848.444092, "volume": 139144, "typical_volume": 271444.3, "trend": 2782.279036, "fair_value": 1867.132607, "relative_strength": 7.407853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.632806, "energy": 26.069672, "activity_lines": [ 2879.705469, 2866.402796, 2824.214201, 2811.708915 ] }, { "date": "2024-02-23", "close": 3047.984619, "volume": 179692, "typical_volume": 269775.6, "trend": 2801.092277, "fair_value": 1879.737654, "relative_strength": 14.380876, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.427977, "energy": 53.959196, "activity_lines": [ 2934.579101, 2901.86657, 2848.562895, 2828.85121 ] }, { "date": "2024-03-01", "close": 3157.732178, "volume": 432440, "typical_volume": 278961.95, "trend": 2822.732585, "fair_value": 1892.752536, "relative_strength": 18.197464, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.023606, "energy": 67.351945, "activity_lines": [ 3019.716471, 2952.568035, 2882.461056, 2851.860236 ] }, { "date": "2024-03-08", "close": 3292.422363, "volume": 301289, "typical_volume": 284261.1, "trend": 2842.21307, "fair_value": 1906.70743, "relative_strength": 22.758192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.600005, "energy": 79.952686, "activity_lines": [ 3124.475423, 3022.498016, 2927.215203, 2882.162802 ] }, { "date": "2024-03-15", "close": 3227.571533, "volume": 598293, "typical_volume": 301967.75, "trend": 2856.207113, "fair_value": 1920.540288, "relative_strength": 18.504845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.863748, "energy": 80.430598, "activity_lines": [ 3181.677132, 3072.111111, 2962.823723, 2907.024639 ] }, { "date": "2024-03-22", "close": 3137.778076, "volume": 496508, "typical_volume": 313792.0, "trend": 2867.706755, "fair_value": 1934.078454, "relative_strength": 11.613435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.597923, "energy": 75.124684, "activity_lines": [ 3189.326172, 3097.32579, 2986.958639, 2925.190507 ] }, { "date": "2024-03-29", "close": 3207.617432, "volume": 458998, "typical_volume": 322994.7, "trend": 2880.70319, "fair_value": 1948.128151, "relative_strength": 13.107076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.947734, "energy": 68.980195, "activity_lines": [ 3200.966064, 3129.977916, 3015.963309, 2947.120229 ] }, { "date": "2024-04-05", "close": 3182.674805, "volume": 494329, "typical_volume": 332407.75, "trend": 2895.502466, "fair_value": 1961.698745, "relative_strength": 12.153762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.164989, "energy": 46.907102, "activity_lines": [ 3193.649561, 3153.4693, 3040.28827, 2966.602268 ] }, { "date": "2024-04-12", "close": 3067.938965, "volume": 468882, "typical_volume": 346013.7, "trend": 2902.320125, "fair_value": 1974.201872, "relative_strength": 6.384681, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.22794, "energy": 32.223168, "activity_lines": [ 3146.424935, 3148.752899, 3051.286768, 2977.727204 ] }, { "date": "2024-04-19", "close": 3057.961914, "volume": 497430, "typical_volume": 337806.0, "trend": 2906.80979, "fair_value": 1987.036868, "relative_strength": 6.768677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.151606, "energy": 25.325403, "activity_lines": [ 3110.840186, 3139.229377, 3059.814758, 2987.768609 ] }, { "date": "2024-04-26", "close": 3442.078125, "volume": 394281, "typical_volume": 326310.25, "trend": 2922.274219, "fair_value": 2002.883195, "relative_strength": 15.814343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.653615, "energy": 44.362254, "activity_lines": [ 3214.601481, 3197.277655, 3103.42869, 3022.30205 ] }, { "date": "2024-05-03", "close": 2988.122803, "volume": 539112, "typical_volume": 337918.35, "trend": 2926.597599, "fair_value": 2015.347116, "relative_strength": -0.639069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.221936, "energy": 19.270373, "activity_lines": [ 3146.757666, 3161.995255, 3100.62563, 3026.550346 ] }, { "date": "2024-05-10", "close": 2993.111328, "volume": 769075, "typical_volume": 357532.8, "trend": 2934.911792, "fair_value": 2027.600411, "relative_strength": -3.349891, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.832074, "energy": 13.642855, "activity_lines": [ 3095.209668, 3128.708256, 3097.347474, 3030.841554 ] }, { "date": "2024-05-17", "close": 2653.891846, "volume": 1574052, "typical_volume": 426745.65, "trend": 2934.412939, "fair_value": 2037.78137, "relative_strength": -14.143699, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -11.900853, "energy": 14.667337, "activity_lines": [ 2943.226074, 3036.738095, 3061.16883, 3012.711235 ] }, { "date": "2024-05-24", "close": 2653.891846, "volume": 412746, "typical_volume": 437998.1, "trend": 2935.743213, "fair_value": 2047.387746, "relative_strength": -13.110324, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.859877, "energy": 36.102628, "activity_lines": [ 2818.845622, 2956.377579, 3025.797854, 2994.6131 ] }, { "date": "2024-05-31", "close": 2544.144531, "volume": 672996, "typical_volume": 462764.05, "trend": 2928.426717, "fair_value": 2056.737513, "relative_strength": -16.232606, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.058208, "energy": 60.066753, "activity_lines": [ 2684.820736, 2866.493546, 2980.592378, 2969.348669 ] }, { "date": "2024-06-07", "close": 2519.20166, "volume": 340136, "typical_volume": 470502.6, "trend": 2921.609074, "fair_value": 2065.863546, "relative_strength": -16.67231, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.145113, "energy": 69.367696, "activity_lines": [ 2602.343799, 2782.867782, 2934.460436, 2942.947052 ] }, { "date": "2024-06-14", "close": 2375.740234, "volume": 796603, "typical_volume": 494299.05, "trend": 2911.505933, "fair_value": 2073.955039, "relative_strength": -20.309002, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.725205, "energy": 81.310435, "activity_lines": [ 2503.307796, 2685.674774, 2876.732174, 2907.729708 ] }, { "date": "2024-06-21", "close": 2560.40918, "volume": 1235391, "typical_volume": 548073.15, "trend": 2905.230461, "fair_value": 2083.192003, "relative_strength": -14.947846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.364976, "energy": 71.675981, "activity_lines": [ 2506.986182, 2636.729474, 2838.509834, 2885.078305 ] }, { "date": "2024-06-28", "close": 2565.400635, "volume": 443679, "typical_volume": 562253.8, "trend": 2899.28763, "fair_value": 2092.180054, "relative_strength": -13.955463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.53889, "energy": 55.379482, "activity_lines": [ 2518.560563, 2597.919527, 2802.395769, 2863.1538 ] }, { "date": "2024-07-05", "close": 2750.069092, "volume": 552661, "typical_volume": 582929.65, "trend": 2898.502726, "fair_value": 2102.556173, "relative_strength": -8.251529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.284597, "energy": 39.140882, "activity_lines": [ 2597.590511, 2601.641322, 2785.620835, 2853.526797 ] }, { "date": "2024-07-12", "close": 2939.729492, "volume": 419314, "typical_volume": 594910.75, "trend": 2903.540975, "fair_value": 2113.790546, "relative_strength": -2.59925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.213891, "energy": 17.753484, "activity_lines": [ 2726.112288, 2652.428809, 2787.377247, 2856.186589 ] }, { "date": "2024-07-19", "close": 2984.648682, "volume": 438415, "typical_volume": 595209.5, "trend": 2907.415975, "fair_value": 2125.32563, "relative_strength": -0.138683, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.09328, "energy": 18.863703, "activity_lines": [ 2841.57194, 2712.263299, 2793.927179, 2861.419344 ] }, { "date": "2024-07-26", "close": 3019.585938, "volume": 391931, "typical_volume": 599741.6, "trend": 2913.952108, "fair_value": 2136.93145, "relative_strength": -0.771754, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 11.765722, "energy": 24.322644, "activity_lines": [ 2928.083448, 2778.603884, 2804.628675, 2868.656116 ] }, { "date": "2024-08-02", "close": 2799.980225, "volume": 610219, "typical_volume": 600337.9, "trend": 2914.49834, "fair_value": 2146.580492, "relative_strength": -6.792134, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.116733, "energy": 20.453533, "activity_lines": [ 2910.781267, 2798.367174, 2795.714563, 2861.303091 ] }, { "date": "2024-08-09", "close": 2794.98877, "volume": 521158, "typical_volume": 601570.4, "trend": 2912.716496, "fair_value": 2156.18477, "relative_strength": -6.796668, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.732744, "energy": 15.181414, "activity_lines": [ 2876.176628, 2814.566775, 2788.361223, 2853.592796 ] }, { "date": "2024-08-16", "close": 3034.55957, "volume": 541146, "typical_volume": 605677.8, "trend": 2915.428385, "fair_value": 2166.633061, "relative_strength": -0.440341, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.850456, "energy": 21.565838, "activity_lines": [ 2918.434278, 2869.763898, 2805.456479, 2861.45364 ] }, { "date": "2024-08-23", "close": 3009.604248, "volume": 159628, "typical_volume": 588942.75, "trend": 2923.128361, "fair_value": 2177.330075, "relative_strength": -1.354374, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.25206, "energy": 18.007161, "activity_lines": [ 2946.051481, 2911.053547, 2820.999124, 2867.529502 ] }, { "date": "2024-08-30", "close": 3144.362061, "volume": 208658, "typical_volume": 575931.55, "trend": 2931.163167, "fair_value": 2188.380055, "relative_strength": 2.473504, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.930344, "energy": 38.758285, "activity_lines": [ 3016.924251, 2965.319816, 2850.199991, 2881.802644 ] }, { "date": "2024-09-06", "close": 2834.917236, "volume": 262224, "typical_volume": 564171.25, "trend": 2927.885449, "fair_value": 2197.3187, "relative_strength": -5.310003, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.46239, "energy": 24.098693, "activity_lines": [ 2976.330339, 2952.706064, 2849.566003, 2875.593229 ] }, { "date": "2024-09-13", "close": 2819.943848, "volume": 205745, "typical_volume": 554744.45, "trend": 2926.935441, "fair_value": 2206.378476, "relative_strength": -6.703636, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -3.469869, "energy": 8.275144, "activity_lines": [ 2928.416162, 2932.469576, 2848.568096, 2868.629254 ] }, { "date": "2024-09-20", "close": 2750.069092, "volume": 389789, "typical_volume": 547278.3, "trend": 2917.004924, "fair_value": 2215.232999, "relative_strength": -8.315538, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.888259, "energy": 17.604408, "activity_lines": [ 2855.546729, 2898.258137, 2843.877994, 2857.218522 ] }, { "date": "2024-09-27", "close": 2700.158936, "volume": 814241, "typical_volume": 549536.6, "trend": 2901.752482, "fair_value": 2223.346121, "relative_strength": -10.646237, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.205313, "energy": 30.300081, "activity_lines": [ 2785.006608, 2858.420495, 2835.568133, 2843.228459 ] }, { "date": "2024-10-04", "close": 2526.172852, "volume": 299741, "typical_volume": 485821.05, "trend": 2876.210832, "fair_value": 2230.152374, "relative_strength": -15.657068, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.744154, "energy": 48.636117, "activity_lines": [ 2677.100814, 2792.12156, 2812.08318, 2818.997515 ] }, { "date": "2024-10-11", "close": 2631.013916, "volume": 607219, "typical_volume": 495544.7, "trend": 2856.325578, "fair_value": 2237.451882, "relative_strength": -11.671914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.387016, "energy": 55.326361, "activity_lines": [ 2645.354655, 2753.855784, 2799.191276, 2803.178359 ] }, { "date": "2024-10-18", "close": 2775.794434, "volume": 473894, "typical_volume": 485589.6, "trend": 2844.259457, "fair_value": 2245.270776, "relative_strength": -7.837828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.412605, "energy": 45.733382, "activity_lines": [ 2675.462224, 2744.985853, 2800.196936, 2797.982801 ] }, { "date": "2024-10-25", "close": 2865.657959, "volume": 594930, "typical_volume": 498329.3, "trend": 2832.860807, "fair_value": 2253.614633, "relative_strength": -3.533977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.973114, "energy": 21.603396, "activity_lines": [ 2738.467595, 2752.803733, 2808.657931, 2799.36335 ] }, { "date": "2024-11-01", "close": 2800.756836, "volume": 861542, "typical_volume": 501576.25, "trend": 2820.130208, "fair_value": 2261.427513, "relative_strength": -4.740263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.407923, "energy": 11.425445, "activity_lines": [ 2772.133333, 2751.892347, 2809.288076, 2797.292126 ] }, { "date": "2024-11-08", "close": 3055.37085, "volume": 615276, "typical_volume": 470570.5, "trend": 2819.711271, "fair_value": 2270.795904, "relative_strength": 5.221269, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.974832, "energy": 20.624023, "activity_lines": [ 2883.963884, 2801.071644, 2832.143285, 2812.468941 ] }, { "date": "2024-11-15", "close": 3185.174316, "volume": 443260, "typical_volume": 470549.55, "trend": 2823.951685, "fair_value": 2281.08577, "relative_strength": 9.588338, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 70.29145, "energy": 55.60961, "activity_lines": [ 3003.782389, 2875.469594, 2865.003769, 2836.047202 ] }, { "date": "2024-11-22", "close": 3190.166504, "volume": 326784, "typical_volume": 459255.7, "trend": 2815.554631, "fair_value": 2291.637527, "relative_strength": 7.014293, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.678344, "energy": 69.483446, "activity_lines": [ 3088.320931, 2944.406903, 2895.388396, 2859.673965 ] }, { "date": "2024-11-29", "close": 3025.41626, "volume": 490135, "typical_volume": 462796.75, "trend": 2816.797746, "fair_value": 2300.813901, "relative_strength": 1.175517, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.485428, "energy": 65.600147, "activity_lines": [ 3090.31792, 2976.658301, 2907.986822, 2873.213425 ] }, { "date": "2024-12-06", "close": 3060.363525, "volume": 683801, "typical_volume": 475066.05, "trend": 2819.039486, "fair_value": 2310.418643, "relative_strength": 2.07538, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.870981, "energy": 62.489005, "activity_lines": [ 3093.313444, 3010.257435, 2923.505527, 2888.927346 ] }, { "date": "2024-12-13", "close": 3095.310303, "volume": 327397, "typical_volume": 471839.35, "trend": 2833.753434, "fair_value": 2319.991968, "relative_strength": 3.317504, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.449445, "energy": 43.514274, "activity_lines": [ 3090.650781, 3043.661355, 2941.991949, 2906.75127 ] }, { "date": "2024-12-20", "close": 3090.317871, "volume": 462884, "typical_volume": 464472.6, "trend": 2848.300969, "fair_value": 2329.494976, "relative_strength": 5.848781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.03619, "energy": 33.687796, "activity_lines": [ 3083.661344, 3065.809606, 2959.64231, 2923.303814 ] }, { "date": "2024-12-27", "close": 3050.378418, "volume": 142497, "typical_volume": 445539.55, "trend": 2865.175431, "fair_value": 2338.512071, "relative_strength": 3.59431, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.503636, "energy": 26.995711, "activity_lines": [ 3069.68252, 3072.345157, 2972.106352, 2936.341069 ] }, { "date": "2025-01-03", "close": 3105.295166, "volume": 101005, "typical_volume": 423532.5, "trend": 2884.711882, "fair_value": 2348.136632, "relative_strength": 4.421173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.786424, "energy": 27.594259, "activity_lines": [ 3083.328483, 3083.873136, 2988.58442, 2951.832665 ] }, { "date": "2025-01-10", "close": 3020.423828, "volume": 234803, "typical_volume": 427291.25, "trend": 2906.201335, "fair_value": 2357.370405, "relative_strength": 1.305372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.815807, "energy": 22.546656, "activity_lines": [ 3063.35874, 3075.612922, 2996.642668, 2960.588274 ] }, { "date": "2025-01-17", "close": 3065.355957, "volume": 575232, "typical_volume": 445619.95, "trend": 2923.032894, "fair_value": 2367.530785, "relative_strength": -0.102698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.259237, "energy": 20.217363, "activity_lines": [ 3061.02902, 3071.52824, 3008.928644, 2970.856314 ] }, { "date": "2025-01-24", "close": 3195.158936, "volume": 530127, "typical_volume": 459015.1, "trend": 2944.024837, "fair_value": 2379.008559, "relative_strength": 4.095896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.04952, "energy": 31.003083, "activity_lines": [ 3103.963916, 3090.862553, 3033.953027, 2988.412833 ] }, { "date": "2025-01-31", "close": 3334.947021, "volume": 618755, "typical_volume": 479665.6, "trend": 2963.520768, "fair_value": 2391.152523, "relative_strength": 6.482271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.514679, "energy": 51.154788, "activity_lines": [ 3186.505436, 3135.431343, 3070.575126, 3013.633619 ] }, { "date": "2025-02-07", "close": 3534.644775, "volume": 251695, "typical_volume": 472760.9, "trend": 2983.351278, "fair_value": 2403.593183, "relative_strength": 12.401531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.803299, "energy": 77.757991, "activity_lines": [ 3316.641634, 3213.676443, 3123.763661, 3050.480329 ] }, { "date": "2025-02-14", "close": 4033.888184, "volume": 1910007, "typical_volume": 527549.2, "trend": 3018.325928, "fair_value": 2419.872702, "relative_strength": 27.180946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.517701, "energy": 92.17436, "activity_lines": [ 3584.568994, 3373.434371, 3220.763114, 3118.256904 ] }, { "date": "2025-02-21", "close": 4103.782715, "volume": 1150575, "typical_volume": 570090.9, "trend": 3054.46582, "fair_value": 2438.388294, "relative_strength": 29.937496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.825075, "energy": 95.98855, "activity_lines": [ 3808.230241, 3528.199947, 3318.068097, 3188.286374 ] }, { "date": "2025-02-28", "close": 4293.495605, "volume": 1961082, "typical_volume": 637784.05, "trend": 3104.249666, "fair_value": 2459.780309, "relative_strength": 33.089395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.162583, "energy": 96.587683, "activity_lines": [ 4025.900667, 3699.122914, 3425.928546, 3268.223779 ] }, { "date": "2025-03-07", "close": 4393.34375, "volume": 836593, "typical_volume": 655919.0, "trend": 3157.528166, "fair_value": 2481.403684, "relative_strength": 37.669251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.500314, "energy": 95.081032, "activity_lines": [ 4203.631364, 3866.32413, 3535.381763, 3351.39114 ] }, { "date": "2025-03-14", "close": 4368.381836, "volume": 811509, "typical_volume": 666747.95, "trend": 3201.988908, "fair_value": 2502.637157, "relative_strength": 37.008568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.740826, "energy": 90.987473, "activity_lines": [ 4302.481641, 4004.569265, 3634.755039, 3429.510731 ] }, { "date": "2025-03-21", "close": 4403.328613, "volume": 2078628, "typical_volume": 727602.25, "trend": 3248.446387, "fair_value": 2524.196821, "relative_strength": 37.062333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.716653, "energy": 86.989501, "activity_lines": [ 4357.398372, 4126.203147, 3730.300751, 3507.016519 ] }, { "date": "2025-03-28", "close": 4248.563477, "volume": 846831, "typical_volume": 739180.0, "trend": 3285.253101, "fair_value": 2544.355708, "relative_strength": 31.465998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.644218, "energy": 66.810025, "activity_lines": [ 4336.097363, 4194.55419, 3803.475632, 3571.540202 ] }, { "date": "2025-04-04", "close": 3674.433105, "volume": 492178, "typical_volume": 741625.9, "trend": 3313.236963, "fair_value": 2560.578839, "relative_strength": 21.886358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.499796, "energy": 48.090634, "activity_lines": [ 4113.767513, 4137.005029, 3816.289561, 3596.648589 ] }, { "date": "2025-04-11", "close": 4073.827881, "volume": 1173768, "typical_volume": 783975.1, "trend": 3355.033097, "fair_value": 2578.902413, "relative_strength": 35.783772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.979899, "energy": 34.64496, "activity_lines": [ 4065.840088, 4143.359024, 3864.811284, 3645.718971 ] }, { "date": "2025-04-18", "close": 4273.525391, "volume": 299589, "typical_volume": 774447.8, "trend": 3405.814974, "fair_value": 2598.046319, "relative_strength": 36.18081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.270635, "energy": 32.129978, "activity_lines": [ 4105.779557, 4172.58746, 3928.143906, 3704.976538 ] }, { "date": "2025-04-25", "close": 4543.117188, "volume": 555940, "typical_volume": 768054.75, "trend": 3467.246916, "fair_value": 2619.109953, "relative_strength": 41.530339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.122354, "energy": 42.075843, "activity_lines": [ 4241.906722, 4237.398393, 4011.20856, 3778.350875 ] }, { "date": "2025-05-02", "close": 4692.890137, "volume": 574582, "typical_volume": 780414.0, "trend": 3539.470825, "fair_value": 2641.542365, "relative_strength": 41.814259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.076623, "energy": 55.217338, "activity_lines": [ 4418.638965, 4320.182062, 4101.476573, 3857.424631 ] }, { "date": "2025-05-09", "close": 4378.366211, "volume": 716815, "typical_volume": 793110.55, "trend": 3597.715902, "fair_value": 2661.077353, "relative_strength": 31.919017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.045321, "energy": 48.286409, "activity_lines": [ 4460.908122, 4335.068519, 4154.182403, 3911.546914 ] }, { "date": "2025-05-16", "close": 4533.132324, "volume": 424178, "typical_volume": 807194.6, "trend": 3656.293831, "fair_value": 2681.706605, "relative_strength": 33.175615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.555336, "energy": 55.521371, "activity_lines": [ 4507.837109, 4376.551168, 4215.4943, 3971.896361 ] }, { "date": "2025-05-23", "close": 4573.072266, "volume": 442202, "typical_volume": 824254.45, "trend": 3713.207642, "fair_value": 2701.480747, "relative_strength": 32.498391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.115636, "energy": 50.978899, "activity_lines": [ 4537.459115, 4422.754013, 4273.549268, 4031.043356 ] }, { "date": "2025-05-30", "close": 4458.245605, "volume": 1533234, "typical_volume": 889176.0, "trend": 3768.457267, "fair_value": 2720.927515, "relative_strength": 27.130529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.57029, "energy": 40.134558, "activity_lines": [ 4508.835775, 4444.357639, 4313.678948, 4079.110322 ] }, { "date": "2025-06-06", "close": 4504.67041, "volume": 292851, "typical_volume": 875056.95, "trend": 3816.767253, "fair_value": 2740.837909, "relative_strength": 26.262227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.789527, "energy": 38.118756, "activity_lines": [ 4501.345475, 4473.403649, 4351.383268, 4126.607944 ] }, { "date": "2025-06-13", "close": 4469.711914, "volume": 304586, "typical_volume": 863779.9, "trend": 3859.585173, "fair_value": 2761.082499, "relative_strength": 23.843583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.88413, "energy": 34.571492, "activity_lines": [ 4494.750325, 4491.437078, 4378.904329, 4168.733406 ] }, { "date": "2025-06-20", "close": 4409.782715, "volume": 440174, "typical_volume": 854850.85, "trend": 3900.239046, "fair_value": 2780.98126, "relative_strength": 22.135585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.916825, "energy": 26.104099, "activity_lines": [ 4462.089062, 4484.114675, 4394.648548, 4204.230021 ] }, { "date": "2025-06-27", "close": 4574.587891, "volume": 1085124, "typical_volume": 896522.3, "trend": 3951.878101, "fair_value": 2802.485884, "relative_strength": 25.148652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.497763, "energy": 27.808141, "activity_lines": [ 4492.586165, 4500.64858, 4420.970232, 4247.736399 ] }, { "date": "2025-07-04", "close": 4784.339844, "volume": 314024, "typical_volume": 816723.15, "trend": 4009.343978, "fair_value": 2825.283963, "relative_strength": 29.291669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.875123, "energy": 39.000024, "activity_lines": [ 4592.899544, 4549.845339, 4462.316183, 4301.443608 ] }, { "date": "2025-07-11", "close": 4894.209473, "volume": 364168, "typical_volume": 777402.8, "trend": 4069.307284, "fair_value": 2849.105765, "relative_strength": 29.378213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.97027, "energy": 60.28576, "activity_lines": [ 4708.096517, 4614.632529, 4510.552329, 4358.531704 ] }, { "date": "2025-07-18", "close": 4859.251465, "volume": 398234, "typical_volume": 699260.4, "trend": 4128.271737, "fair_value": 2872.281829, "relative_strength": 26.720841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.676031, "energy": 68.294846, "activity_lines": [ 4785.67155, 4669.403365, 4551.695203, 4409.495845 ] }, { "date": "2025-07-25", "close": 4829.286621, "volume": 807258, "typical_volume": 697793.65, "trend": 4187.568677, "fair_value": 2894.422514, "relative_strength": 23.251617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.948389, "energy": 69.325194, "activity_lines": [ 4827.288998, 4709.982679, 4587.290208, 4454.722612 ] }, { "date": "2025-08-01", "close": 4734.398926, "volume": 264680, "typical_volume": 670452.2, "trend": 4241.872135, "fair_value": 2915.034985, "relative_strength": 20.549914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.121433, "energy": 59.386627, "activity_lines": [ 4809.310287, 4727.925062, 4611.77237, 4490.001983 ] }, { "date": "2025-08-08", "close": 4804.315918, "volume": 612907, "typical_volume": 597166.15, "trend": 4301.335205, "fair_value": 2935.290678, "relative_strength": 20.966509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.701604, "energy": 41.788793, "activity_lines": [ 4803.983171, 4755.646413, 4641.170356, 4526.288678 ] }, { "date": "2025-08-15", "close": 4564.998047, "volume": 482018, "typical_volume": 578925.5, "trend": 4351.323275, "fair_value": 2953.117875, "relative_strength": 13.724275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.369521, "energy": 26.255182, "activity_lines": [ 4717.551693, 4733.563237, 4645.866699, 4543.299184 ] }, { "date": "2025-08-22", "close": 4584.976074, "volume": 1321108, "typical_volume": 620372.0, "trend": 4397.650513, "fair_value": 2971.418121, "relative_strength": 11.349532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.970344, "energy": 17.430294, "activity_lines": [ 4659.726986, 4714.015563, 4650.958881, 4558.373558 ] }, { "date": "2025-08-29", "close": 4370.211914, "volume": 427902, "typical_volume": 583078.7, "trend": 4432.159343, "fair_value": 2988.303344, "relative_strength": 7.214813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.419994, "energy": 13.875808, "activity_lines": [ 4548.599251, 4653.324148, 4631.261414, 4556.603326 ] }, { "date": "2025-09-05", "close": 4290.298828, "volume": 354381, "typical_volume": 585818.3, "trend": 4457.347811, "fair_value": 3003.7819, "relative_strength": 4.474619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.817476, "energy": 26.587636, "activity_lines": [ 4441.438802, 4578.82255, 4602.541825, 4547.451035 ] }, { "date": "2025-09-12", "close": 4435.140137, "volume": 346729, "typical_volume": 575357.75, "trend": 4470.722876, "fair_value": 3021.129771, "relative_strength": 6.499303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.077775, "energy": 22.975881, "activity_lines": [ 4412.165462, 4535.824627, 4587.536772, 4546.018282 ] }, { "date": "2025-09-19", "close": 4465.10791, "volume": 1239657, "typical_volume": 608611.5, "trend": 4482.767049, "fair_value": 3038.861482, "relative_strength": 7.302275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.466934, "energy": 22.387367, "activity_lines": [ 4417.493099, 4504.624476, 4575.89997, 4545.656026 ] }, { "date": "2025-09-26", "close": 4380.200195, "volume": 330070, "typical_volume": 589274.25, "trend": 4485.657202, "fair_value": 3056.279001, "relative_strength": 3.838501, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.110418, "energy": 27.243581, "activity_lines": [ 4401.177506, 4465.788405, 4557.261396, 4539.038809 ] }, { "date": "2025-10-03", "close": 4490.080078, "volume": 549118, "typical_volume": 595521.25, "trend": 4488.881746, "fair_value": 3073.953486, "relative_strength": 3.392236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.141233, "energy": 12.616149, "activity_lines": [ 4435.140267, 4455.640518, 4549.078839, 4539.324156 ] }, { "date": "2025-10-10", "close": 4445.129395, "volume": 370989, "typical_volume": 591960.6, "trend": 4491.439998, "fair_value": 3091.518782, "relative_strength": 2.392542, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.830367, "energy": 6.44502, "activity_lines": [ 4446.128255, 4443.487172, 4536.820275, 4536.501424 ] }, { "date": "2025-10-17", "close": 4110.496094, "volume": 493219, "typical_volume": 539959.85, "trend": 4481.678914, "fair_value": 3106.044211, "relative_strength": -5.0035, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.59357, "energy": 29.288606, "activity_lines": [ 4335.249772, 4375.750852, 4493.301125, 4511.924398 ] }, { "date": "2025-10-24", "close": 4260.812012, "volume": 1224052, "typical_volume": 586519.9, "trend": 4482.087199, "fair_value": 3121.251986, "relative_strength": -4.873446, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.156815, "energy": 29.897008, "activity_lines": [ 4296.119531, 4347.959606, 4465.753727, 4497.67492 ] }, { "date": "2025-10-31", "close": 4350.724121, "volume": 420557, "typical_volume": 592318.45, "trend": 4504.630233, "fair_value": 3135.304077, "relative_strength": -4.001107, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.523869, "energy": 43.153707, "activity_lines": [ 4300.57972, 4342.046671, 4447.930618, 4489.199883 ] }, { "date": "2025-11-07", "close": 3826.239258, "volume": 1187909, "typical_volume": 629705.2, "trend": 4496.377279, "fair_value": 3145.962133, "relative_strength": -15.329522, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.653899, "energy": 72.692303, "activity_lines": [ 4132.176693, 4245.031978, 4380.723177, 4445.432723 ] }, { "date": "2025-11-14", "close": 3756.308105, "volume": 1447325, "typical_volume": 647815.25, "trend": 4479.136703, "fair_value": 3156.107999, "relative_strength": -16.986128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.802737, "energy": 78.669421, "activity_lines": [ 3984.719336, 4145.192942, 4309.634405, 4397.686325 ] }, { "date": "2025-11-21", "close": 3756.308105, "volume": 587544, "typical_volume": 661491.25, "trend": 4452.909733, "fair_value": 3166.253866, "relative_strength": -15.631679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.053473, "energy": 81.854027, "activity_lines": [ 3883.183398, 4055.062828, 4242.442204, 4351.052222 ] }, { "date": "2025-11-28", "close": 4075.993896, "volume": 722783, "typical_volume": 679422.0, "trend": 4432.346525, "fair_value": 3178.321173, "relative_strength": -10.354587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.421965, "energy": 74.53717, "activity_lines": [ 3911.821923, 4035.399805, 4210.591657, 4326.735071 ] }, { "date": "2025-12-05", "close": 4031.038086, "volume": 461193, "typical_volume": 682569.95, "trend": 4420.768921, "fair_value": 3190.164213, "relative_strength": -11.030633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.859548, "energy": 57.189041, "activity_lines": [ 3937.796386, 4014.637797, 4178.35587, 4300.844204 ] }, { "date": "2025-12-12", "close": 3996.072266, "volume": 428517, "typical_volume": 663632.9, "trend": 4402.866919, "fair_value": 3202.038764, "relative_strength": -11.78706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.414087, "energy": 40.616594, "activity_lines": [ 3973.427978, 3993.86677, 4146.733877, 4273.44442 ] }, { "date": "2025-12-19", "close": 4036.033203, "volume": 547519, "typical_volume": 677774.85, "trend": 4384.965617, "fair_value": 3213.849913, "relative_strength": -13.231766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.777619, "energy": 27.574138, "activity_lines": [ 4011.057682, 3989.343328, 4122.885376, 4249.777729 ] }, { "date": "2025-12-26", "close": 4011.057861, "volume": 74687, "typical_volume": 650863.85, "trend": 4370.059359, "fair_value": 3225.053573, "relative_strength": -13.648761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.80297, "energy": 26.628072, "activity_lines": [ 4021.713932, 3987.717028, 4099.983822, 4225.654648 ] }, { "date": "2026-01-02", "close": 3976.092285, "volume": 637071, "typical_volume": 658616.5, "trend": 4352.440088, "fair_value": 3236.448527, "relative_strength": -15.169273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.457286, "energy": 27.233225, "activity_lines": [ 4003.731673, 3981.541317, 4077.529632, 4200.237417 ] }, { "date": "2026-01-09", "close": 3911.637695, "volume": 719275, "typical_volume": 628524.85, "trend": 4333.837614, "fair_value": 3247.462269, "relative_strength": -18.042058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.933127, "energy": 30.072451, "activity_lines": [ 3970.924658, 3968.823313, 4051.741222, 4171.798553 ] }, { "date": "2026-01-16", "close": 3986.573242, "volume": 739588, "typical_volume": 644109.15, "trend": 4319.730631, "fair_value": 3258.445062, "relative_strength": -17.473296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.274803, "energy": 31.756309, "activity_lines": [ 3971.056185, 3977.713343, 4036.295905, 4149.3944 ] }, { "date": "2026-01-23", "close": 4041.525879, "volume": 681389, "typical_volume": 660459.55, "trend": 4301.961898, "fair_value": 3269.268811, "relative_strength": -15.655534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.811981, "energy": 28.037296, "activity_lines": [ 3990.138525, 3993.679599, 4027.911023, 4131.445706 ] }, { "date": "2026-01-30", "close": 4246.350098, "volume": 668172, "typical_volume": 676531.7, "trend": 4284.028906, "fair_value": 3280.606624, "relative_strength": -12.185655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.722436, "energy": 7.250868, "activity_lines": [ 4077.129427, 4041.700843, 4040.217843, 4127.857848 ] }, { "date": "2026-02-06", "close": 4261.336914, "volume": 689272, "typical_volume": 649012.45, "trend": 4262.933154, "fair_value": 3292.487896, "relative_strength": -13.135536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.146887, "energy": 12.814933, "activity_lines": [ 4153.429785, 4083.537109, 4054.850979, 4126.393849 ] }, { "date": "2026-02-13", "close": 4246.350098, "volume": 445222, "typical_volume": 654770.05, "trend": 4242.503109, "fair_value": 3303.154621, "relative_strength": -13.881628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.917268, "energy": 18.894606, "activity_lines": [ 4205.718229, 4119.278627, 4069.027137, 4125.323974 ] }, { "date": "2026-02-20", "close": 4660.993652, "volume": 583047, "typical_volume": 656466.5, "trend": 4236.893343, "fair_value": 3318.045186, "relative_strength": -7.457282, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.571391, "energy": 60.959853, "activity_lines": [ 4373.907031, 4226.495117, 4123.330538, 4152.323364 ] }, { "date": "2026-02-27", "close": 4805.869141, "volume": 468028, "typical_volume": 661318.45, "trend": 4239.275684, "fair_value": 3333.097484, "relative_strength": -6.358051, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 61.140763, "energy": 77.390469, "activity_lines": [ 4545.426302, 4347.963126, 4190.617732, 4189.03148 ] }, { "date": "2026-03-06", "close": 4311.293945, "volume": 456467, "typical_volume": 659480.85, "trend": 4222.841618, "fair_value": 3345.586603, "relative_strength": -10.565378, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.083447, "energy": 63.046611, "activity_lines": [ 4501.130957, 4365.511355, 4209.084717, 4193.677819 ] }, { "date": "2026-03-13", "close": 4206.384277, "volume": 337157, "typical_volume": 615136.1, "trend": 4210.887825, "fair_value": 3358.553656, "relative_strength": -12.19469, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.663937, "energy": 45.420777, "activity_lines": [ 4417.536133, 4358.526261, 4216.604125, 4192.616055 ] }, { "date": "2026-03-20", "close": 4011.551758, "volume": 913234, "typical_volume": 639769.95, "trend": 4191.773682, "fair_value": 3370.463523, "relative_strength": -12.991091, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -3.928627, "energy": 8.48453, "activity_lines": [ 4272.660644, 4311.929945, 4205.827234, 4179.755664 ] }, { "date": "2026-03-27", "close": 4086.487305, "volume": 340190, "typical_volume": 597384.0, "trend": 4182.316195, "fair_value": 3382.342442, "relative_strength": -11.507051, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.908366, "energy": 17.802525, "activity_lines": [ 4168.416895, 4277.141655, 4203.802169, 4172.962995 ] }, { "date": "2026-04-03", "close": 4313.966309, "volume": 431873, "typical_volume": 546611.4, "trend": 4183.105111, "fair_value": 3395.455865, "relative_strength": -10.61946, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.377016, "energy": 12.652758, "activity_lines": [ 4178.299903, 4281.896564, 4222.202495, 4181.45655 ] }, { "date": "2026-04-10", "close": 4714.870117, "volume": 466100, "typical_volume": 540539.2, "trend": 4192.429443, "fair_value": 3411.490707, "relative_strength": -3.558696, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.974945, "energy": 26.102489, "activity_lines": [ 4354.611035, 4354.589613, 4276.12862, 4215.76397 ] }, { "date": "2026-04-17", "close": 5178.759277, "volume": 359239, "typical_volume": 522362.0, "trend": 4216.217822, "fair_value": 3430.46724, "relative_strength": 5.399647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.506919, "energy": 68.946514, "activity_lines": [ 4658.64681, 4503.107599, 4369.670085, 4279.398153 ] }, { "date": "2026-04-24", "close": 4868.833496, "volume": 197088, "typical_volume": 509156.75, "trend": 4232.505599, "fair_value": 3446.6262, "relative_strength": 2.148131, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.378788, "energy": 73.172784, "activity_lines": [ 4794.548991, 4578.595037, 4428.443544, 4321.50239 ] }, { "date": "2026-05-01", "close": 4764.858398, "volume": 173182, "typical_volume": 496390.0, "trend": 4241.664876, "fair_value": 3461.671262, "relative_strength": 0.475849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.274439, "energy": 73.292933, "activity_lines": [ 4838.64069, 4623.860032, 4473.325112, 4355.847732 ] }, { "date": "2026-05-08", "close": 4660.883301, "volume": 586857, "typical_volume": 498356.9, "trend": 4248.856673, "fair_value": 3476.619317, "relative_strength": -0.224174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.434768, "energy": 67.04255, "activity_lines": [ 4802.849284, 4648.332013, 4504.643402, 4382.894082 ] }, { "date": "2026-05-15", "close": 4576.90332, "volume": 507016, "typical_volume": 519973.35, "trend": 4264.403581, "fair_value": 3490.038009, "relative_strength": -1.356062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.087799, "energy": 34.601219, "activity_lines": [ 4715.936751, 4660.171014, 4524.988123, 4404.058382 ] }, { "date": "2026-05-22", "close": 4384.0, "volume": 402378, "typical_volume": 508238.7, "trend": 4268.509847, "fair_value": 3502.827549, "relative_strength": -7.546312, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.667939, "energy": 16.788754, "activity_lines": [ 4573.920898, 4632.107422, 4524.266597, 4411.77428 ] }, { "date": "2026-05-29", "close": 4502.0, "volume": 826252, "typical_volume": 513587.55, "trend": 4273.552376, "fair_value": 3516.181684, "relative_strength": -4.230143, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.491662, "energy": 18.345119, "activity_lines": [ 4524.222331, 4622.268998, 4532.840748, 4426.83816 ] }, { "date": "2026-06-05", "close": 4378.0, "volume": 85587, "typical_volume": 480887.5, "trend": 4291.944401, "fair_value": 3528.549136, "relative_strength": -6.148413, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.254617, "energy": 17.243813, "activity_lines": [ 4457.645996, 4580.96788, 4526.794127, 4433.576717 ] }, { "date": "2026-06-12", "close": 4532.0, "volume": 109301, "typical_volume": 452283.1, "trend": 4317.800797, "fair_value": 3541.456207, "relative_strength": -3.510369, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.601206, "energy": 16.942792, "activity_lines": [ 4468.193555, 4562.36653, 4533.550235, 4449.064175 ] }, { "date": "2026-06-19", "close": 4530.0, "volume": 385387, "typical_volume": 438143.85, "trend": 4343.590527, "fair_value": 3554.414393, "relative_strength": -2.269919, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.772871, "energy": 12.958112, "activity_lines": [ 4486.666667, 4539.437296, 4537.780276, 4462.754446 ] }, { "date": "2026-06-26", "close": 4468.0, "volume": 71167, "typical_volume": 407238.6, "trend": 4356.657397, "fair_value": 3567.262863, "relative_strength": -4.546198, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.312198, "energy": 8.612887, "activity_lines": [ 4487.6, 4508.596609, 4534.754841, 4470.780864 ] }, { "date": "2026-07-03", "close": 4608.0, "volume": 87696, "typical_volume": 389362.3, "trend": 4375.889461, "fair_value": 3581.616172, "relative_strength": -2.666195, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.101463, "energy": 14.837981, "activity_lines": [ 4529.6, 4516.133363, 4544.07863, 4486.996515 ] }, { "date": "2026-07-10", "close": 4662.0, "volume": 263973, "typical_volume": 373408.6, "trend": 4398.087052, "fair_value": 3595.388545, "relative_strength": 0.629743, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.9513, "energy": 20.338584, "activity_lines": [ 4582.533333, 4538.230726, 4556.823133, 4505.45526 ] }, { "date": "2026-07-17", "close": 4736.0, "volume": 267512, "typical_volume": 363382.8, "trend": 4421.419279, "fair_value": 3609.699216, "relative_strength": 1.647412, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.803973, "energy": 38.225978, "activity_lines": [ 4641.2, 4575.652788, 4576.610463, 4527.256095 ] }, { "date": "2026-07-24", "close": 4762.0, "volume": 347549, "typical_volume": 357936.9, "trend": 4446.450684, "fair_value": 3624.304425, "relative_strength": 1.293647, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.487652, "energy": 52.512219, "activity_lines": [ 4694.933333, 4616.436364, 4599.206694, 4549.229045 ] }, { "date": "2026-07-31", "close": 4812.0, "volume": 542888, "typical_volume": 368223.45, "trend": 4474.314274, "fair_value": 3639.070303, "relative_strength": 1.46835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.556407, "energy": 58.763014, "activity_lines": [ 4749.866667, 4662.945455, 4624.41861, 4572.812872 ] }, { "date": "2026-08-07", "close": 4936.0, "volume": 1076514, "typical_volume": 376387.45, "trend": 4508.459684, "fair_value": 3653.352304, "relative_strength": 4.113955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.832938, "energy": 62.089223, "activity_lines": [ 4823.2, 4724.218182, 4658.556166, 4602.599048 ] } ], "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." } } }