{ "ticker": { "uuid": "ac955452-8caf-4d38-bd5e-e0d642c47916", "symbol": "UINC", "name": "First Trust US Equity Income UCITS ETF", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "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": "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": 74.132, "architecture_energy": 72.063, "architecture_maturity": 38.117, "architecture_confidence": 74.844, "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": 1.9, "rotation_up": 79.26, "upward_expansion": 91.86, "deceleration": 46.06, "rotation_down": 12.07, "downward_expansion": 13.86 }, "activity_lines": [ 3054.333333, 3019.722878, 2954.078103, 2911.287042 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 3073.0, "trend_reference": 2854.73438, "distance_from_trend": 0.076457, "trend_direction": "Improving", "fair_value": 2600.197542, "distance_from_fair_value": 0.181833, "fair_value_direction": "Improving", "relative_strength": 3.727025, "relative_strength_direction": "Improving", "price_momentum": 0.089812, "excess_performance": 0.038576, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076457, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048915, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.181833, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.080791, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.03727, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.027011, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.089812, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.081644, "read": "Demand-led" } ], "volume": { "latest": 83902, "relative_activity": 0.961337, "balance": 3.081644, "dry_up": 0.6967, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.023991, "annualized_volatility": 0.102185, "from_high_reference": -0.032735, "from_low_reference": 0.266104 }, "levels": { "trend_reference": 2854.73438, "fair_value_reference": 2600.197542, "structural_low": 2716.762404, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.003863, "positive_rate": 0.516129, "directional_follow_through": 0.516129, "median_excess_return": -0.00204, "regime_survival": 0.677419, "best_return": 0.09538, "worst_return": -0.10131, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.030252, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": 0.014448, "regime_survival": 0.5, "best_return": 0.089624, "worst_return": -0.162358, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.002204, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.009222, "regime_survival": 0.285714, "best_return": 0.119175, "worst_return": -0.126369, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.040962, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.007161, "regime_survival": 0.25, "best_return": 0.145512, "worst_return": -0.054861, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-01", "tenure": "New", "return": 0.028932, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-06-14", "tenure": "Established", "return": -0.017852, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-10-18", "tenure": "Established", "return": 0.069745, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-12-20", "tenure": "Developing", "return": -0.015593, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-03-14", "tenure": "Developing", "return": -0.029733, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.098242, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-07-11", "tenure": "Established", "return": 0.108858, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.036771, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.008804, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": -0.028234, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-05", "tenure": "Developing", "return": 0.056756, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-04-03", "tenure": "Established", "return": 0.061101, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": 0.001255, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.092122, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2302.051025, "volume": 43125, "typical_volume": 62997.7, "trend": 2294.384107, "fair_value": 2199.299757, "relative_strength": 1.398531, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.952976, "energy": 57.397579, "activity_lines": [ 2346.946842, 2297.284331, 2251.298292, 2255.676975 ] }, { "date": "2023-08-25", "close": 2297.305908, "volume": 35424, "typical_volume": 61621.05, "trend": 2288.496476, "fair_value": 2204.550669, "relative_strength": 0.280935, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.556458, "energy": 47.338947, "activity_lines": [ 2331.393424, 2304.463765, 2257.395522, 2255.865479 ] }, { "date": "2023-09-01", "close": 2380.484619, "volume": 26347, "typical_volume": 60091.85, "trend": 2281.152539, "fair_value": 2210.26279, "relative_strength": 2.294994, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.968494, "energy": 37.373146, "activity_lines": [ 2343.349756, 2324.973051, 2271.20645, 2261.800197 ] }, { "date": "2023-09-08", "close": 2362.500244, "volume": 40076, "typical_volume": 60316.7, "trend": 2275.39021, "fair_value": 2215.778039, "relative_strength": 1.489952, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.0279, "energy": 31.035649, "activity_lines": [ 2347.879232, 2337.821227, 2282.93114, 2267.048436 ] }, { "date": "2023-09-15", "close": 2393.474365, "volume": 45958, "typical_volume": 57561.4, "trend": 2270.726937, "fair_value": 2221.396609, "relative_strength": -0.148485, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.564318, "energy": 47.112001, "activity_lines": [ 2363.6993, 2353.008398, 2297.138356, 2274.666769 ] }, { "date": "2023-09-22", "close": 2315.488281, "volume": 45875, "typical_volume": 56605.0, "trend": 2265.062459, "fair_value": 2227.129632, "relative_strength": -2.813962, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.808607, "energy": 42.991383, "activity_lines": [ 2353.140983, 2349.956081, 2303.178559, 2277.554598 ] }, { "date": "2023-09-29", "close": 2361.453857, "volume": 44933, "typical_volume": 49997.35, "trend": 2260.230908, "fair_value": 2232.92852, "relative_strength": 0.282893, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.196983, "energy": 39.152627, "activity_lines": [ 2357.008707, 2352.600706, 2312.755859, 2283.773398 ] }, { "date": "2023-10-06", "close": 2252.536621, "volume": 47870, "typical_volume": 49751.25, "trend": 2256.19751, "fair_value": 2237.36686, "relative_strength": -2.657086, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.850215, "energy": 17.069651, "activity_lines": [ 2320.294157, 2334.216828, 2310.828081, 2283.276992 ] }, { "date": "2023-10-13", "close": 2320.484619, "volume": 48665, "typical_volume": 48453.2, "trend": 2259.798494, "fair_value": 2242.247164, "relative_strength": -0.849384, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.443802, "energy": 19.9733, "activity_lines": [ 2314.758805, 2330.122896, 2315.009135, 2287.424547 ] }, { "date": "2023-10-20", "close": 2275.018555, "volume": 40921, "typical_volume": 46686.95, "trend": 2262.959847, "fair_value": 2246.717627, "relative_strength": 0.001798, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.149451, "energy": 17.481082, "activity_lines": [ 2296.869141, 2318.78975, 2314.155093, 2288.406487 ] }, { "date": "2023-10-27", "close": 2220.061523, "volume": 44438, "typical_volume": 42035.8, "trend": 2261.483618, "fair_value": 2251.373368, "relative_strength": -0.680233, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.887373, "energy": 21.255546, "activity_lines": [ 2268.557519, 2299.513698, 2307.676083, 2285.638853 ] }, { "date": "2023-11-03", "close": 2327.97876, "volume": 55661, "typical_volume": 42778.2, "trend": 2263.96263, "fair_value": 2256.477701, "relative_strength": 2.525546, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.82696, "energy": 14.942062, "activity_lines": [ 2282.580094, 2301.34968, 2311.497876, 2289.928862 ] }, { "date": "2023-11-10", "close": 2255.28418, "volume": 86452, "typical_volume": 45285.1, "trend": 2262.403369, "fair_value": 2260.223296, "relative_strength": 0.329182, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.999439, "energy": 11.690977, "activity_lines": [ 2274.602816, 2289.410778, 2307.780574, 2289.368962 ] }, { "date": "2023-11-17", "close": 2340.469482, "volume": 34150, "typical_volume": 45847.75, "trend": 2264.940739, "fair_value": 2264.361362, "relative_strength": 2.260397, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.29617, "energy": 11.734115, "activity_lines": [ 2294.837467, 2295.236483, 2311.622269, 2294.405485 ] }, { "date": "2023-11-24", "close": 2302.248047, "volume": 105596, "typical_volume": 47427.35, "trend": 2267.078231, "fair_value": 2267.731248, "relative_strength": 0.967315, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.162966, "energy": 14.89293, "activity_lines": [ 2300.999316, 2294.513397, 2311.066371, 2296.812409 ] }, { "date": "2023-12-01", "close": 2356.956543, "volume": 89940, "typical_volume": 49853.35, "trend": 2274.344539, "fair_value": 2271.232643, "relative_strength": 2.875706, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.835907, "energy": 22.504767, "activity_lines": [ 2323.582031, 2305.395969, 2315.091832, 2302.611009 ] }, { "date": "2023-12-08", "close": 2414.162842, "volume": 227682, "typical_volume": 58835.15, "trend": 2284.02557, "fair_value": 2274.942354, "relative_strength": 5.008142, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.653545, "energy": 46.722955, "activity_lines": [ 2356.107178, 2325.925719, 2323.671262, 2311.631545 ] }, { "date": "2023-12-15", "close": 2523.080078, "volume": 227725, "typical_volume": 67817.7, "trend": 2295.580518, "fair_value": 2279.69979, "relative_strength": 9.302823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.281927, "energy": 73.863427, "activity_lines": [ 2419.192464, 2365.300257, 2342.051838, 2327.054417 ] }, { "date": "2023-12-22", "close": 2505.284668, "volume": 151020, "typical_volume": 73826.05, "trend": 2306.675488, "fair_value": 2284.275953, "relative_strength": 6.750815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.624476, "energy": 79.586224, "activity_lines": [ 2458.492887, 2396.520295, 2357.956296, 2340.583717 ] }, { "date": "2023-12-29", "close": 2528.768555, "volume": 30959, "typical_volume": 73640.85, "trend": 2317.870573, "fair_value": 2289.105056, "relative_strength": 7.188103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.594061, "energy": 83.498557, "activity_lines": [ 2494.633594, 2428.650129, 2375.486382, 2354.912302 ] }, { "date": "2024-01-05", "close": 2527.269775, "volume": 91032, "typical_volume": 76036.2, "trend": 2327.950057, "fair_value": 2293.09894, "relative_strength": 7.661399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.831129, "energy": 84.290702, "activity_lines": [ 2515.17334, 2455.893821, 2392.202109, 2368.421927 ] }, { "date": "2024-01-12", "close": 2459.066406, "volume": 94598, "typical_volume": 78994.9, "trend": 2336.630249, "fair_value": 2296.505223, "relative_strength": 5.590298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.131769, "energy": 73.341529, "activity_lines": [ 2501.624414, 2465.151296, 2401.349807, 2376.881047 ] }, { "date": "2024-01-19", "close": 2439.579834, "volume": 47287, "typical_volume": 80041.9, "trend": 2346.650667, "fair_value": 2300.116195, "relative_strength": 6.928109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.914873, "energy": 47.816755, "activity_lines": [ 2478.586393, 2468.482346, 2407.871353, 2383.522955 ] }, { "date": "2024-01-26", "close": 2501.536865, "volume": 80710, "typical_volume": 82073.6, "trend": 2357.321769, "fair_value": 2304.514731, "relative_strength": 7.095563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.569127, "energy": 43.711521, "activity_lines": [ 2481.767399, 2479.727481, 2420.012163, 2393.515613 ] }, { "date": "2024-02-02", "close": 2450.57251, "volume": 69978, "typical_volume": 83274.6, "trend": 2366.668742, "fair_value": 2308.039365, "relative_strength": 5.232339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.728762, "energy": 28.492346, "activity_lines": [ 2468.21014, 2478.777872, 2426.637145, 2399.53179 ] }, { "date": "2024-02-09", "close": 2417.844727, "volume": 85954, "typical_volume": 85278.55, "trend": 2374.958089, "fair_value": 2311.239005, "relative_strength": 4.430619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.773807, "energy": 22.019108, "activity_lines": [ 2448.95669, 2469.180948, 2429.8733, 2402.833467 ] }, { "date": "2024-02-16", "close": 2491.794189, "volume": 55160, "typical_volume": 85789.9, "trend": 2381.549276, "fair_value": 2314.832679, "relative_strength": 5.639337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.226931, "energy": 28.622952, "activity_lines": [ 2461.648063, 2471.922323, 2439.66485, 2410.37128 ] }, { "date": "2024-02-23", "close": 2481.300781, "volume": 74196, "typical_volume": 87106.2, "trend": 2385.625846, "fair_value": 2318.131884, "relative_strength": 5.225037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.179946, "energy": 25.33254, "activity_lines": [ 2468.659782, 2471.344327, 2447.836358, 2416.806861 ] }, { "date": "2024-03-01", "close": 2487.796875, "volume": 98942, "typical_volume": 89620.05, "trend": 2389.319458, "fair_value": 2321.210329, "relative_strength": 5.771241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.643708, "energy": 32.328313, "activity_lines": [ 2475.055469, 2472.707062, 2455.53719, 2423.39854 ] }, { "date": "2024-03-08", "close": 2521.773682, "volume": 131172, "typical_volume": 94132.6, "trend": 2393.787614, "fair_value": 2323.711365, "relative_strength": 7.38048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.541828, "energy": 43.800825, "activity_lines": [ 2493.692757, 2480.565359, 2465.677182, 2431.943974 ] }, { "date": "2024-03-15", "close": 2526.270508, "volume": 49285, "typical_volume": 94374.95, "trend": 2401.261597, "fair_value": 2326.374862, "relative_strength": 6.460513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.387227, "energy": 59.035131, "activity_lines": [ 2509.082243, 2489.368439, 2475.070419, 2440.491257 ] }, { "date": "2024-03-22", "close": 2591.435547, "volume": 98401, "typical_volume": 96511.95, "trend": 2411.065918, "fair_value": 2329.432088, "relative_strength": 6.18937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.014845, "energy": 74.93204, "activity_lines": [ 2538.965023, 2510.037877, 2489.211713, 2452.760544 ] }, { "date": "2024-03-29", "close": 2646.9021, "volume": 100710, "typical_volume": 97224.85, "trend": 2419.946501, "fair_value": 2332.920072, "relative_strength": 7.922562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.015273, "energy": 84.764578, "activity_lines": [ 2580.693897, 2538.385432, 2507.380979, 2467.975782 ] }, { "date": "2024-04-05", "close": 2599.43042, "volume": 79380, "typical_volume": 99486.35, "trend": 2427.844173, "fair_value": 2335.761326, "relative_strength": 6.293261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.931518, "energy": 78.42554, "activity_lines": [ 2595.558789, 2554.332276, 2519.164286, 2479.55539 ] }, { "date": "2024-04-12", "close": 2587.9375, "volume": 99131, "typical_volume": 99163.1, "trend": 2434.326278, "fair_value": 2338.533707, "relative_strength": 4.503223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.010115, "energy": 72.648622, "activity_lines": [ 2599.150472, 2566.409615, 2528.619881, 2489.883991 ] }, { "date": "2024-04-19", "close": 2581.941162, "volume": 56627, "typical_volume": 97497.45, "trend": 2443.20804, "fair_value": 2341.293254, "relative_strength": 5.310256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.140607, "energy": 54.917504, "activity_lines": [ 2596.332454, 2574.899166, 2536.143971, 2499.407532 ] }, { "date": "2024-04-26", "close": 2622.416748, "volume": 76003, "typical_volume": 89913.5, "trend": 2451.906803, "fair_value": 2344.153849, "relative_strength": 3.513795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.982644, "energy": 50.089373, "activity_lines": [ 2603.294922, 2587.764342, 2546.451523, 2510.969384 ] }, { "date": "2024-05-03", "close": 2591.435547, "volume": 61880, "typical_volume": 81621.25, "trend": 2463.203434, "fair_value": 2346.601434, "relative_strength": 1.119844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.613716, "energy": 43.374206, "activity_lines": [ 2597.864909, 2592.621618, 2552.816799, 2519.971239 ] }, { "date": "2024-05-10", "close": 2644.40332, "volume": 86285, "typical_volume": 78384.5, "trend": 2474.000724, "fair_value": 2349.406156, "relative_strength": 0.246171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.104925, "energy": 48.797417, "activity_lines": [ 2613.78859, 2605.106947, 2563.901123, 2531.661554 ] }, { "date": "2024-05-17", "close": 2629.912354, "volume": 89745, "typical_volume": 81323.8, "trend": 2485.830518, "fair_value": 2352.252396, "relative_strength": -0.337874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.342557, "energy": 48.491622, "activity_lines": [ 2621.883757, 2612.110165, 2572.942885, 2541.720369 ] }, { "date": "2024-05-24", "close": 2549.460693, "volume": 61213, "typical_volume": 79832.85, "trend": 2496.81049, "fair_value": 2354.691727, "relative_strength": -2.323706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.251549, "energy": 31.107854, "activity_lines": [ 2600.363379, 2602.519651, 2573.840947, 2545.825541 ] }, { "date": "2024-05-31", "close": 2555.956787, "volume": 61211, "typical_volume": 78163.5, "trend": 2504.409758, "fair_value": 2357.047889, "relative_strength": -1.699549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.490852, "energy": 23.842342, "activity_lines": [ 2583.17373, 2593.688605, 2575.252014, 2549.641431 ] }, { "date": "2024-06-07", "close": 2527.474121, "volume": 78175, "typical_volume": 79707.9, "trend": 2513.482756, "fair_value": 2359.280679, "relative_strength": -2.514859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.003429, "energy": 15.839225, "activity_lines": [ 2560.920524, 2580.323961, 2573.489063, 2551.129455 ] }, { "date": "2024-06-14", "close": 2476.754883, "volume": 78433, "typical_volume": 79594.05, "trend": 2518.025602, "fair_value": 2361.659654, "relative_strength": -3.412582, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -7.36462, "energy": 21.367715, "activity_lines": [ 2526.025, 2559.909055, 2566.477164, 2548.759915 ] }, { "date": "2024-06-21", "close": 2527.973389, "volume": 72004, "typical_volume": 79695.35, "trend": 2525.54978, "fair_value": 2364.144527, "relative_strength": -2.622179, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.306655, "energy": 24.076406, "activity_lines": [ 2519.378874, 2551.037069, 2564.461227, 2549.401707 ] }, { "date": "2024-06-28", "close": 2545.674072, "volume": 105326, "typical_volume": 80663.95, "trend": 2531.840365, "fair_value": 2366.608445, "relative_strength": -1.190042, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.739795, "energy": 21.640165, "activity_lines": [ 2525.428906, 2546.473646, 2563.762494, 2550.700049 ] }, { "date": "2024-07-05", "close": 2483.706787, "volume": 104607, "typical_volume": 83136.3, "trend": 2534.158496, "fair_value": 2368.831961, "relative_strength": -4.084609, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.807603, "energy": 37.663645, "activity_lines": [ 2511.075618, 2531.302845, 2556.553404, 2547.594657 ] }, { "date": "2024-07-12", "close": 2557.168457, "volume": 167887, "typical_volume": 87820.85, "trend": 2535.294775, "fair_value": 2371.519982, "relative_strength": -1.942045, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.189172, "energy": 11.533337, "activity_lines": [ 2526.026221, 2532.010711, 2556.379175, 2549.07917 ] }, { "date": "2024-07-19", "close": 2634.62793, "volume": 107604, "typical_volume": 88253.95, "trend": 2539.606217, "fair_value": 2374.784547, "relative_strength": 2.085054, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.60669, "energy": 23.390953, "activity_lines": [ 2564.817025, 2547.425155, 2563.220764, 2555.487761 ] }, { "date": "2024-07-26", "close": 2684.102295, "volume": 335572, "typical_volume": 98473.95, "trend": 2544.784009, "fair_value": 2378.359859, "relative_strength": 2.262457, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.52087, "energy": 40.21114, "activity_lines": [ 2609.574414, 2572.012673, 2574.075001, 2564.810089 ] }, { "date": "2024-08-02", "close": 2563.665039, "volume": 149518, "typical_volume": 103485.6, "trend": 2545.997184, "fair_value": 2381.006315, "relative_strength": -0.996107, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.407059, "energy": 34.459626, "activity_lines": [ 2603.777458, 2573.717236, 2572.686031, 2566.02822 ] }, { "date": "2024-08-09", "close": 2566.163574, "volume": 111955, "typical_volume": 104163.3, "trend": 2549.56709, "fair_value": 2383.417557, "relative_strength": -0.800445, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.941952, "energy": 30.758348, "activity_lines": [ 2597.613949, 2575.617818, 2571.356946, 2567.329277 ] }, { "date": "2024-08-16", "close": 2600.645752, "volume": 93668, "typical_volume": 103811.2, "trend": 2554.935954, "fair_value": 2386.072239, "relative_strength": -1.176309, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.939726, "energy": 29.794406, "activity_lines": [ 2597.44738, 2583.602308, 2573.432222, 2570.624674 ] }, { "date": "2024-08-23", "close": 2614.638184, "volume": 58281, "typical_volume": 102756.25, "trend": 2558.705998, "fair_value": 2388.755811, "relative_strength": -0.845802, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.157826, "energy": 21.409283, "activity_lines": [ 2599.046468, 2592.800484, 2577.060378, 2574.476431 ] }, { "date": "2024-08-30", "close": 2626.632324, "volume": 65693, "typical_volume": 101084.35, "trend": 2564.574658, "fair_value": 2391.721091, "relative_strength": -0.939122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.464335, "energy": 25.396899, "activity_lines": [ 2605.976253, 2601.672443, 2581.758416, 2578.858775 ] }, { "date": "2024-09-06", "close": 2555.169434, "volume": 40539, "typical_volume": 100279.95, "trend": 2569.152148, "fair_value": 2394.508312, "relative_strength": -1.314667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.230997, "energy": 13.684541, "activity_lines": [ 2592.916406, 2595.757351, 2579.466203, 2578.251986 ] }, { "date": "2024-09-13", "close": 2558.66748, "volume": 69835, "typical_volume": 99971.55, "trend": 2571.381258, "fair_value": 2397.342805, "relative_strength": -2.267137, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.582166, "energy": 9.723373, "activity_lines": [ 2581.588949, 2590.305624, 2577.634621, 2577.575556 ] }, { "date": "2024-09-20", "close": 2597.147461, "volume": 48885, "typical_volume": 99321.8, "trend": 2575.242814, "fair_value": 2400.206324, "relative_strength": -0.363961, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.624875, "energy": 13.437365, "activity_lines": [ 2583.587891, 2590.487336, 2579.771368, 2579.237892 ] }, { "date": "2024-09-27", "close": 2568.3479, "volume": 100171, "typical_volume": 100016.1, "trend": 2577.927848, "fair_value": 2402.744404, "relative_strength": -2.533844, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 5.118228, "energy": 6.857776, "activity_lines": [ 2576.220198, 2584.705873, 2579.1381, 2578.793059 ] }, { "date": "2024-10-04", "close": 2635.317627, "volume": 95560, "typical_volume": 100306.85, "trend": 2581.712646, "fair_value": 2405.423726, "relative_strength": 0.385219, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.640767, "energy": 18.820827, "activity_lines": [ 2594.261767, 2592.305815, 2585.24507, 2582.495625 ] }, { "date": "2024-10-11", "close": 2685.29541, "volume": 84010, "typical_volume": 101446.7, "trend": 2587.013477, "fair_value": 2408.548244, "relative_strength": 2.497996, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 58.99943, "energy": 43.417871, "activity_lines": [ 2628.383577, 2609.879621, 2596.086089, 2589.178384 ] }, { "date": "2024-10-18", "close": 2704.286865, "volume": 86022, "typical_volume": 102687.25, "trend": 2590.775187, "fair_value": 2411.546456, "relative_strength": 1.831193, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.199247, "energy": 60.323764, "activity_lines": [ 2660.160807, 2628.694957, 2608.088986, 2596.744409 ] }, { "date": "2024-10-25", "close": 2682.796387, "volume": 132399, "typical_volume": 105398.45, "trend": 2591.971663, "fair_value": 2414.528533, "relative_strength": 2.234569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.502387, "energy": 64.194848, "activity_lines": [ 2675.066585, 2641.091602, 2617.338837, 2602.68126 ] }, { "date": "2024-11-01", "close": 2660.806152, "volume": 131313, "typical_volume": 108042.45, "trend": 2594.017521, "fair_value": 2416.851156, "relative_strength": 2.213027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.733183, "energy": 64.587946, "activity_lines": [ 2676.932357, 2647.996373, 2623.75475, 2607.122195 ] }, { "date": "2024-11-08", "close": 2771.256592, "volume": 136160, "typical_volume": 111250.25, "trend": 2600.128158, "fair_value": 2419.712161, "relative_strength": 7.598126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.390324, "energy": 72.833013, "activity_lines": [ 2709.451058, 2674.143626, 2639.813318, 2618.556974 ] }, { "date": "2024-11-15", "close": 2839.226318, "volume": 86037, "typical_volume": 110285.8, "trend": 2608.704329, "fair_value": 2423.29372, "relative_strength": 10.090569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.418343, "energy": 79.993805, "activity_lines": [ 2755.563737, 2710.019478, 2661.186702, 2633.982662 ] }, { "date": "2024-11-22", "close": 2938.681396, "volume": 196936, "typical_volume": 114902.25, "trend": 2619.246484, "fair_value": 2427.564023, "relative_strength": 10.88773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.888842, "energy": 90.040904, "activity_lines": [ 2824.566048, 2758.813401, 2690.634131, 2655.271505 ] }, { "date": "2024-11-29", "close": 2904.697021, "volume": 178240, "typical_volume": 115419.9, "trend": 2629.688533, "fair_value": 2431.501254, "relative_strength": 9.027178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.288008, "energy": 89.212568, "activity_lines": [ 2866.613932, 2794.519003, 2714.678406, 2673.687668 ] }, { "date": "2024-12-06", "close": 2802.242676, "volume": 110118, "typical_volume": 115545.6, "trend": 2634.949845, "fair_value": 2434.57849, "relative_strength": 4.800945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.39574, "energy": 81.172192, "activity_lines": [ 2859.716992, 2806.004732, 2727.310227, 2684.820194 ] }, { "date": "2024-12-13", "close": 2758.917236, "volume": 129632, "typical_volume": 105248.6, "trend": 2639.250008, "fair_value": 2437.258604, "relative_strength": 3.287686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.152277, "energy": 55.303065, "activity_lines": [ 2828.949137, 2805.360476, 2735.01765, 2692.81809 ] }, { "date": "2024-12-20", "close": 2640.963135, "volume": 106469, "typical_volume": 103096.15, "trend": 2642.300089, "fair_value": 2439.312234, "relative_strength": 1.502408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.934351, "energy": 20.34867, "activity_lines": [ 2759.685872, 2781.022754, 2731.135088, 2692.928614 ] }, { "date": "2024-12-27", "close": 2655.95752, "volume": 72831, "typical_volume": 101139.95, "trend": 2645.633447, "fair_value": 2441.327548, "relative_strength": 1.268766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.862213, "energy": 22.892787, "activity_lines": [ 2708.638281, 2760.217325, 2728.312476, 2693.809739 ] }, { "date": "2025-01-03", "close": 2708.437012, "volume": 46769, "typical_volume": 98795.0, "trend": 2651.665544, "fair_value": 2443.192751, "relative_strength": 2.333899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.422672, "energy": 26.018892, "activity_lines": [ 2693.932113, 2749.832338, 2730.06032, 2697.861582 ] }, { "date": "2025-01-10", "close": 2731.427979, "volume": 59349, "typical_volume": 98848.4, "trend": 2660.154647, "fair_value": 2445.182927, "relative_strength": 2.842956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.883873, "energy": 23.04034, "activity_lines": [ 2699.973601, 2743.161333, 2733.484489, 2703.007545 ] }, { "date": "2025-01-17", "close": 2859.37793, "volume": 54184, "typical_volume": 98272.95, "trend": 2671.201465, "fair_value": 2448.548628, "relative_strength": 4.353458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.387888, "energy": 21.647187, "activity_lines": [ 2753.386052, 2758.469922, 2748.538225, 2715.86066 ] }, { "date": "2025-01-24", "close": 2801.400391, "volume": 97074, "typical_volume": 101099.7, "trend": 2679.725675, "fair_value": 2451.653107, "relative_strength": 2.25995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.805421, "energy": 30.973615, "activity_lines": [ 2780.775277, 2761.634935, 2756.961979, 2724.260591 ] }, { "date": "2025-01-31", "close": 2804.89917, "volume": 68943, "typical_volume": 101055.1, "trend": 2690.432088, "fair_value": 2454.695194, "relative_strength": 0.352639, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.313597, "energy": 37.775052, "activity_lines": [ 2798.634945, 2766.123833, 2764.546422, 2732.3363 ] }, { "date": "2025-02-07", "close": 2737.925293, "volume": 116317, "typical_volume": 104426.7, "trend": 2696.457316, "fair_value": 2457.050295, "relative_strength": -2.315051, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.632496, "energy": 32.880771, "activity_lines": [ 2784.240544, 2760.868067, 2764.579868, 2735.400378 ] }, { "date": "2025-02-14", "close": 2747.921631, "volume": 105039, "typical_volume": 104670.1, "trend": 2700.233773, "fair_value": 2459.85517, "relative_strength": -2.268421, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.85308, "energy": 20.182504, "activity_lines": [ 2771.21237, 2760.46203, 2764.894975, 2738.720656 ] }, { "date": "2025-02-21", "close": 2753.919434, "volume": 92630, "typical_volume": 104523.6, "trend": 2702.561011, "fair_value": 2462.626477, "relative_strength": -1.204941, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.62651, "energy": 10.929845, "activity_lines": [ 2759.083887, 2762.134158, 2764.926189, 2742.184248 ] }, { "date": "2025-02-28", "close": 2723.930908, "volume": 77780, "typical_volume": 104212.1, "trend": 2707.903206, "fair_value": 2465.021508, "relative_strength": -3.863899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.382623, "energy": 10.484484, "activity_lines": [ 2743.989795, 2758.444696, 2761.536583, 2743.562951 ] }, { "date": "2025-03-07", "close": 2606.976807, "volume": 114923, "typical_volume": 105657.15, "trend": 2709.263648, "fair_value": 2466.57081, "relative_strength": -6.454142, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.118645, "energy": 29.180094, "activity_lines": [ 2695.075635, 2731.982347, 2746.824512, 2737.05157 ] }, { "date": "2025-03-14", "close": 2576.988525, "volume": 144390, "typical_volume": 106256.7, "trend": 2708.475073, "fair_value": 2467.925373, "relative_strength": -6.861902, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.618837, "energy": 51.663996, "activity_lines": [ 2649.360205, 2700.958141, 2729.719795, 2728.517691 ] }, { "date": "2025-03-21", "close": 2612.974609, "volume": 144714, "typical_volume": 106926.75, "trend": 2708.419621, "fair_value": 2469.166504, "relative_strength": -5.580508, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.985466, "energy": 61.330011, "activity_lines": [ 2626.369254, 2678.866832, 2716.546172, 2722.356371 ] }, { "date": "2025-03-28", "close": 2591.197754, "volume": 71634, "typical_volume": 103700.45, "trend": 2707.238468, "fair_value": 2470.498513, "relative_strength": -6.309207, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.321751, "energy": 66.418731, "activity_lines": [ 2605.11582, 2654.969793, 2701.526331, 2714.79367 ] }, { "date": "2025-04-04", "close": 2356.270264, "volume": 88268, "typical_volume": 103812.0, "trend": 2700.608496, "fair_value": 2470.217342, "relative_strength": -8.216966, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.440916, "energy": 90.169093, "activity_lines": [ 2516.401335, 2593.234668, 2664.989867, 2692.15056 ] }, { "date": "2025-04-11", "close": 2274.79541, "volume": 74043, "typical_volume": 97667.35, "trend": 2691.146094, "fair_value": 2469.508321, "relative_strength": -10.174203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.345438, "energy": 94.019321, "activity_lines": [ 2425.039274, 2524.779208, 2622.993684, 2664.678748 ] }, { "date": "2025-04-18", "close": 2336.776611, "volume": 59657, "typical_volume": 91738.2, "trend": 2682.467065, "fair_value": 2469.001363, "relative_strength": -10.95958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.043789, "energy": 91.10247, "activity_lines": [ 2376.48304, 2477.231308, 2590.061834, 2641.8162 ] }, { "date": "2025-04-25", "close": 2343.773926, "volume": 97402, "typical_volume": 91102.4, "trend": 2674.981266, "fair_value": 2468.64809, "relative_strength": -11.941312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.883934, "energy": 88.354472, "activity_lines": [ 2346.273372, 2438.249259, 2560.500778, 2619.96503 ] }, { "date": "2025-05-02", "close": 2360.019287, "volume": 55463, "typical_volume": 87393.95, "trend": 2665.804655, "fair_value": 2468.034042, "relative_strength": -12.982157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.510249, "energy": 84.23042, "activity_lines": [ 2339.425537, 2409.569052, 2534.670083, 2599.644902 ] }, { "date": "2025-05-09", "close": 2384.761719, "volume": 134356, "typical_volume": 88788.3, "trend": 2655.786865, "fair_value": 2467.569003, "relative_strength": -11.454528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.570662, "energy": 61.249946, "activity_lines": [ 2356.237077, 2392.54929, 2513.095325, 2581.5131 ] }, { "date": "2025-05-16", "close": 2451.740967, "volume": 80339, "typical_volume": 89163.7, "trend": 2647.368669, "fair_value": 2468.17511, "relative_strength": -10.163434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.703879, "energy": 48.851896, "activity_lines": [ 2393.475602, 2393.874285, 2499.11955, 2568.348849 ] }, { "date": "2025-05-23", "close": 2339.775635, "volume": 98079, "typical_volume": 91729.2, "trend": 2635.934644, "fair_value": 2467.300055, "relative_strength": -14.394776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.506316, "energy": 43.606177, "activity_lines": [ 2381.59598, 2377.664418, 2475.452869, 2548.504137 ] }, { "date": "2025-05-30", "close": 2369.516113, "volume": 147674, "typical_volume": 96145.45, "trend": 2626.224976, "fair_value": 2466.72768, "relative_strength": -13.638995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.639288, "energy": 37.461946, "activity_lines": [ 2379.429915, 2371.174871, 2456.374146, 2531.315845 ] }, { "date": "2025-06-06", "close": 2388.76001, "volume": 94481, "typical_volume": 98160.3, "trend": 2613.47509, "fair_value": 2466.792418, "relative_strength": -13.389844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.538381, "energy": 36.287575, "activity_lines": [ 2381.962337, 2372.610733, 2440.851564, 2515.995524 ] }, { "date": "2025-06-13", "close": 2440.244385, "volume": 81615, "typical_volume": 97387.35, "trend": 2600.175692, "fair_value": 2468.148134, "relative_strength": -11.495779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.153235, "energy": 34.270223, "activity_lines": [ 2399.740169, 2387.088077, 2432.473293, 2504.81935 ] }, { "date": "2025-06-20", "close": 2444.243164, "volume": 85073, "typical_volume": 98193.85, "trend": 2583.694417, "fair_value": 2468.969277, "relative_strength": -10.427343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.440678, "energy": 25.321671, "activity_lines": [ 2415.152083, 2400.765669, 2426.19565, 2494.759187 ] }, { "date": "2025-06-27", "close": 2391.204346, "volume": 155206, "typical_volume": 100138.3, "trend": 2566.577995, "fair_value": 2469.487242, "relative_strength": -12.395062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.895471, "energy": 22.81936, "activity_lines": [ 2413.384245, 2401.718972, 2416.5841, 2482.340472 ] }, { "date": "2025-07-04", "close": 2472.935303, "volume": 122105, "typical_volume": 100991.6, "trend": 2555.601082, "fair_value": 2470.209006, "relative_strength": -9.521204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.198265, "energy": 16.375097, "activity_lines": [ 2435.431478, 2416.542853, 2416.407502, 2476.299008 ] }, { "date": "2025-07-11", "close": 2522.424316, "volume": 84467, "typical_volume": 100583.45, "trend": 2547.717985, "fair_value": 2471.251208, "relative_strength": -8.773493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.337143, "energy": 12.723194, "activity_lines": [ 2467.080436, 2438.016349, 2422.253603, 2474.158572 ] }, { "date": "2025-07-18", "close": 2501.428711, "volume": 73834, "typical_volume": 100386.15, "trend": 2543.066838, "fair_value": 2472.021173, "relative_strength": -9.794277, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.96691, "energy": 15.771231, "activity_lines": [ 2482.819906, 2452.719642, 2427.20248, 2471.172167 ] }, { "date": "2025-07-25", "close": 2520.924316, "volume": 104292, "typical_volume": 99854.6, "trend": 2538.565731, "fair_value": 2472.848888, "relative_strength": -10.102614, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.517399, "energy": 26.858547, "activity_lines": [ 2500.978955, 2468.846373, 2435.067615, 2469.743617 ] }, { "date": "2025-08-01", "close": 2467.436523, "volume": 66397, "typical_volume": 95954.95, "trend": 2530.532381, "fair_value": 2473.231292, "relative_strength": -11.277961, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.102761, "energy": 22.154342, "activity_lines": [ 2496.196663, 2473.990172, 2438.248449, 2465.154636 ] }, { "date": "2025-08-08", "close": 2477.68457, "volume": 68036, "typical_volume": 92121.05, "trend": 2522.074268, "fair_value": 2473.083969, "relative_strength": -10.941659, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.181969, "energy": 13.248797, "activity_lines": [ 2489.748242, 2478.676145, 2442.926964, 2461.7451 ] }, { "date": "2025-08-15", "close": 2512.426514, "volume": 210929, "typical_volume": 99085.8, "trend": 2510.50922, "fair_value": 2472.715988, "relative_strength": -9.904607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.869963, "energy": 11.661757, "activity_lines": [ 2494.563851, 2487.712136, 2451.558473, 2461.122664 ] }, { "date": "2025-08-22", "close": 2593.407715, "volume": 136516, "typical_volume": 101498.2, "trend": 2503.576131, "fair_value": 2473.33929, "relative_strength": -8.615563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.069867, "energy": 32.875287, "activity_lines": [ 2527.039714, 2509.2235, 2468.277579, 2466.470954 ] }, { "date": "2025-08-29", "close": 2611.903564, "volume": 66529, "typical_volume": 101122.5, "trend": 2497.142944, "fair_value": 2474.191594, "relative_strength": -6.447452, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.985377, "energy": 58.277984, "activity_lines": [ 2559.548926, 2531.312957, 2485.628968, 2473.459821 ] }, { "date": "2025-09-05", "close": 2603.905273, "volume": 60136, "typical_volume": 101146.45, "trend": 2492.67561, "fair_value": 2474.838974, "relative_strength": -6.771408, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.763897, "energy": 66.005779, "activity_lines": [ 2583.326758, 2548.899809, 2500.613338, 2480.347713 ] }, { "date": "2025-09-12", "close": 2592.407959, "volume": 82653, "typical_volume": 100409.0, "trend": 2487.491821, "fair_value": 2476.003299, "relative_strength": -7.75835, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.546454, "energy": 66.05094, "activity_lines": [ 2594.174235, 2560.52895, 2513.230685, 2486.782058 ] }, { "date": "2025-09-19", "close": 2588.908936, "volume": 71152, "typical_volume": 101193.45, "trend": 2481.991471, "fair_value": 2477.228434, "relative_strength": -7.012384, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.818196, "energy": 68.561108, "activity_lines": [ 2596.207145, 2569.349676, 2524.33082, 2493.325098 ] }, { "date": "2025-09-26", "close": 2585.106934, "volume": 70403, "typical_volume": 97995.8, "trend": 2477.364006, "fair_value": 2478.80377, "relative_strength": -7.652165, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.847859, "energy": 52.898221, "activity_lines": [ 2591.873893, 2576.270317, 2533.978909, 2499.977708 ] }, { "date": "2025-10-03", "close": 2563.610352, "volume": 50963, "typical_volume": 96527.0, "trend": 2475.918457, "fair_value": 2480.014004, "relative_strength": -10.136573, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.039773, "energy": 40.031804, "activity_lines": [ 2580.9285, 2577.761066, 2540.625679, 2505.541989 ] }, { "date": "2025-10-10", "close": 2512.118164, "volume": 70665, "typical_volume": 95156.3, "trend": 2473.756112, "fair_value": 2480.86374, "relative_strength": -11.010396, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.542175, "energy": 24.413462, "activity_lines": [ 2556.038591, 2569.11349, 2541.83572, 2507.877454 ] }, { "date": "2025-10-17", "close": 2475.123535, "volume": 242107, "typical_volume": 99877.95, "trend": 2469.161076, "fair_value": 2481.565976, "relative_strength": -11.301772, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.589673, "energy": 17.541809, "activity_lines": [ 2524.936279, 2552.927224, 2538.701785, 2507.965674 ] }, { "date": "2025-10-24", "close": 2535.614502, "volume": 105501, "typical_volume": 100428.95, "trend": 2467.308301, "fair_value": 2482.24138, "relative_strength": -11.519689, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.80715, "energy": 21.14794, "activity_lines": [ 2521.816585, 2547.78588, 2540.826001, 2512.252992 ] }, { "date": "2025-10-31", "close": 2517.617188, "volume": 70192, "typical_volume": 99857.8, "trend": 2472.686532, "fair_value": 2482.508476, "relative_strength": -12.420049, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.728111, "energy": 17.472748, "activity_lines": [ 2516.250749, 2538.950697, 2540.53688, 2515.498727 ] }, { "date": "2025-11-07", "close": 2515.617676, "volume": 101831, "typical_volume": 100695.7, "trend": 2480.71394, "fair_value": 2482.514639, "relative_strength": -11.696719, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.360519, "energy": 14.896304, "activity_lines": [ 2514.517725, 2531.129976, 2539.688888, 2518.268478 ] }, { "date": "2025-11-14", "close": 2555.611572, "volume": 117976, "typical_volume": 98834.2, "trend": 2488.008439, "fair_value": 2483.135744, "relative_strength": -9.917362, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.29786, "energy": 10.550273, "activity_lines": [ 2529.315511, 2532.331525, 2542.30996, 2523.100583 ] }, { "date": "2025-11-21", "close": 2561.610596, "volume": 78657, "typical_volume": 96661.8, "trend": 2495.269661, "fair_value": 2483.590402, "relative_strength": -7.674754, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.773602, "energy": 18.332045, "activity_lines": [ 2543.213412, 2535.501873, 2544.719476, 2527.84911 ] }, { "date": "2025-11-28", "close": 2596.105225, "volume": 84867, "typical_volume": 96681.8, "trend": 2503.139193, "fair_value": 2484.512702, "relative_strength": -7.662519, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.794533, "energy": 32.012596, "activity_lines": [ 2562.843718, 2545.503924, 2549.991931, 2534.35463 ] }, { "date": "2025-12-05", "close": 2615.602295, "volume": 53474, "typical_volume": 95663.8, "trend": 2510.833879, "fair_value": 2486.067419, "relative_strength": -6.037495, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.394378, "energy": 52.844329, "activity_lines": [ 2584.940332, 2558.920055, 2556.770388, 2541.610314 ] }, { "date": "2025-12-12", "close": 2638.769287, "volume": 64171, "typical_volume": 93657.75, "trend": 2517.068156, "fair_value": 2488.185455, "relative_strength": -4.653283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.926502, "energy": 64.783175, "activity_lines": [ 2608.226937, 2575.993905, 2565.211542, 2549.864211 ] }, { "date": "2025-12-19", "close": 2606.771973, "volume": 62773, "typical_volume": 93476.55, "trend": 2525.968034, "fair_value": 2489.827825, "relative_strength": -7.782095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.2323, "energy": 62.315279, "activity_lines": [ 2612.637663, 2585.883536, 2570.044166, 2555.651554 ] }, { "date": "2025-12-26", "close": 2568.775391, "volume": 12618, "typical_volume": 90705.65, "trend": 2532.61001, "fair_value": 2491.140179, "relative_strength": -8.475884, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.989373, "energy": 47.238289, "activity_lines": [ 2600.972168, 2587.143719, 2570.594566, 2558.413319 ] }, { "date": "2026-01-02", "close": 2575.774658, "volume": 13523, "typical_volume": 80835.35, "trend": 2538.843831, "fair_value": 2491.943486, "relative_strength": -8.531918, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.026987, "energy": 29.677239, "activity_lines": [ 2591.162109, 2587.973735, 2571.377797, 2561.198135 ] }, { "date": "2026-01-09", "close": 2649.768311, "volume": 32329, "typical_volume": 75626.0, "trend": 2545.827962, "fair_value": 2493.125056, "relative_strength": -7.078404, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.75495, "energy": 35.057914, "activity_lines": [ 2607.371973, 2601.526958, 2578.906385, 2568.354553 ] }, { "date": "2026-01-16", "close": 2675.766113, "volume": 83687, "typical_volume": 76483.9, "trend": 2553.545394, "fair_value": 2494.833484, "relative_strength": -6.705311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.367528, "energy": 44.011608, "activity_lines": [ 2629.970036, 2617.404306, 2588.64257, 2576.73766 ] }, { "date": "2026-01-23", "close": 2653.767822, "volume": 98278, "typical_volume": 78391.0, "trend": 2562.29751, "fair_value": 2495.986259, "relative_strength": -6.19717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.71882, "energy": 56.930548, "activity_lines": [ 2642.76888, 2626.370175, 2595.979572, 2583.203623 ] }, { "date": "2026-01-30", "close": 2643.768799, "volume": 232173, "typical_volume": 85867.0, "trend": 2567.99196, "fair_value": 2496.261683, "relative_strength": -6.866837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.42917, "energy": 62.232432, "activity_lines": [ 2649.10166, 2631.733381, 2602.126846, 2588.459835 ] }, { "date": "2026-02-06", "close": 2819.753418, "volume": 80266, "typical_volume": 86322.7, "trend": 2577.90293, "fair_value": 2498.084653, "relative_strength": -1.777834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.439112, "energy": 84.35241, "activity_lines": [ 2709.096419, 2667.600004, 2624.789985, 2604.70251 ] }, { "date": "2026-02-13", "close": 2818.753418, "volume": 68531, "typical_volume": 86229.1, "trend": 2588.48042, "fair_value": 2499.914017, "relative_strength": -2.228057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.79616, "energy": 90.033739, "activity_lines": [ 2752.492594, 2699.218479, 2646.258625, 2620.241251 ] }, { "date": "2026-02-20", "close": 2827.752686, "volume": 96331, "typical_volume": 88497.5, "trend": 2598.708032, "fair_value": 2502.108441, "relative_strength": -3.764938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.414809, "energy": 91.871601, "activity_lines": [ 2787.622852, 2728.779528, 2667.471737, 2635.678171 ] }, { "date": "2026-02-27", "close": 2817.753662, "volume": 68496, "typical_volume": 88389.05, "trend": 2610.38527, "fair_value": 2504.104295, "relative_strength": -5.73551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.953716, "energy": 88.761623, "activity_lines": [ 2809.287663, 2753.08651, 2686.47474, 2649.810147 ] }, { "date": "2026-03-06", "close": 2833.752197, "volume": 94107, "typical_volume": 80989.05, "trend": 2622.254191, "fair_value": 2507.054382, "relative_strength": 0.743484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.50434, "energy": 86.901728, "activity_lines": [ 2825.35293, 2776.466286, 2705.546005, 2664.220917 ] }, { "date": "2026-03-13", "close": 2765.758057, "volume": 74693, "typical_volume": 79448.65, "trend": 2630.698576, "fair_value": 2510.601196, "relative_strength": -1.246331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.611305, "energy": 59.612234, "activity_lines": [ 2806.087923, 2782.665732, 2716.433883, 2673.479231 ] }, { "date": "2026-03-20", "close": 2740.760254, "volume": 92890, "typical_volume": 80583.55, "trend": 2635.610327, "fair_value": 2514.194672, "relative_strength": 1.429187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.570467, "energy": 47.799394, "activity_lines": [ 2782.090007, 2780.865878, 2723.845096, 2680.579984 ] }, { "date": "2026-03-27", "close": 2799.0, "volume": 106069, "typical_volume": 80795.45, "trend": 2641.846875, "fair_value": 2517.621926, "relative_strength": 3.208553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.483182, "energy": 39.598075, "activity_lines": [ 2782.704883, 2788.00067, 2735.740366, 2691.121253 ] }, { "date": "2026-04-03", "close": 2800.0, "volume": 155178, "typical_volume": 82655.55, "trend": 2648.383366, "fair_value": 2521.124437, "relative_strength": -1.224208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.623872, "energy": 33.398737, "activity_lines": [ 2785.569938, 2793.076665, 2746.381434, 2701.324681 ] }, { "date": "2026-04-10", "close": 2789.0, "volume": 103444, "typical_volume": 83894.9, "trend": 2654.936434, "fair_value": 2524.245834, "relative_strength": -2.981532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.976494, "energy": 32.530333, "activity_lines": [ 2785.951904, 2793.493892, 2754.811128, 2710.396722 ] }, { "date": "2026-04-17", "close": 2792.5, "volume": 106564, "typical_volume": 84979.75, "trend": 2661.722803, "fair_value": 2527.631421, "relative_strength": -3.329633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.173908, "energy": 35.195717, "activity_lines": [ 2790.484017, 2791.906916, 2762.491349, 2719.271791 ] }, { "date": "2026-04-24", "close": 2813.787598, "volume": 79522, "typical_volume": 86282.15, "trend": 2669.345492, "fair_value": 2531.321577, "relative_strength": 0.167582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.984655, "energy": 40.767081, "activity_lines": [ 2800.329199, 2794.685929, 2771.263748, 2729.082422 ] }, { "date": "2026-05-01", "close": 2839.785645, "volume": 75094, "typical_volume": 86828.3, "trend": 2678.551335, "fair_value": 2535.814002, "relative_strength": 1.245142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.032524, "energy": 44.435039, "activity_lines": [ 2813.971908, 2802.282147, 2781.568411, 2740.078561 ] }, { "date": "2026-05-08", "close": 2796.788818, "volume": 135393, "typical_volume": 90459.3, "trend": 2688.040357, "fair_value": 2540.12847, "relative_strength": 1.025895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.667826, "energy": 41.013781, "activity_lines": [ 2810.563298, 2801.841979, 2786.820917, 2747.706786 ] }, { "date": "2026-05-15", "close": 2806.788086, "volume": 398357, "typical_volume": 109746.25, "trend": 2699.095842, "fair_value": 2544.169216, "relative_strength": 1.812717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.938713, "energy": 38.136532, "activity_lines": [ 2810.701856, 2803.601039, 2792.120893, 2755.36793 ] }, { "date": "2026-05-22", "close": 2871.783203, "volume": 105340, "typical_volume": 114337.1, "trend": 2710.301465, "fair_value": 2548.652214, "relative_strength": 1.430812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.106478, "energy": 46.905554, "activity_lines": [ 2831.31958, 2817.667649, 2802.477486, 2766.50905 ] }, { "date": "2026-05-29", "close": 2856.784424, "volume": 61897, "typical_volume": 115815.5, "trend": 2721.607039, "fair_value": 2552.907781, "relative_strength": 1.422324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.332722, "energy": 44.636611, "activity_lines": [ 2841.652165, 2827.079479, 2809.996059, 2775.959564 ] }, { "date": "2026-06-05", "close": 2870.1806, "volume": 10564, "typical_volume": 112159.35, "trend": 2733.425804, "fair_value": 2557.044289, "relative_strength": 2.255293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.818215, "energy": 52.4931, "activity_lines": [ 2853.583686, 2836.817447, 2817.804668, 2785.544955 ] }, { "date": "2026-06-12", "close": 2951.5621, "volume": 24259, "typical_volume": 108458.4, "trend": 2746.624155, "fair_value": 2561.870581, "relative_strength": 4.068886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.049855, "energy": 81.585603, "activity_lines": [ 2890.616044, 2860.057858, 2832.438112, 2799.618264 ] }, { "date": "2026-06-19", "close": 2895.9845, "volume": 20313, "typical_volume": 97865.4, "trend": 2757.769951, "fair_value": 2566.723255, "relative_strength": 3.170822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.793469, "energy": 70.946221, "activity_lines": [ 2898.804317, 2870.437577, 2840.360383, 2809.254415 ] }, { "date": "2026-06-26", "close": 2994.0, "volume": 8419, "typical_volume": 94273.05, "trend": 2771.033111, "fair_value": 2571.932205, "relative_strength": 5.095648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.085479, "energy": 86.245772, "activity_lines": [ 2933.717995, 2896.693123, 2856.416437, 2824.495064 ] }, { "date": "2026-07-03", "close": 2965.0, "volume": 3496, "typical_volume": 91021.3, "trend": 2782.679701, "fair_value": 2577.027312, "relative_strength": 2.430288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.258643, "energy": 83.242066, "activity_lines": [ 2950.81722, 2914.012305, 2868.880841, 2837.009056 ] }, { "date": "2026-07-10", "close": 2964.0, "volume": 108397, "typical_volume": 91624.6, "trend": 2793.520724, "fair_value": 2582.122412, "relative_strength": 4.16634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.135165, "energy": 70.956216, "activity_lines": [ 2960.36874, 2928.400353, 2880.553594, 2848.70714 ] }, { "date": "2026-07-17", "close": 3054.5, "volume": 62361, "typical_volume": 91317.85, "trend": 2808.444992, "fair_value": 2586.997037, "relative_strength": 6.227663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.358891, "energy": 83.111333, "activity_lines": [ 2993.8323, 2956.984503, 2900.196598, 2865.544513 ] }, { "date": "2026-07-24", "close": 3063.0, "volume": 49918, "typical_volume": 89108.4, "trend": 2824.919146, "fair_value": 2591.509834, "relative_strength": 5.109648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.308712, "energy": 81.186819, "activity_lines": [ 3023.266667, 2982.42845, 2919.521763, 2881.967417 ] }, { "date": "2026-07-31", "close": 3047.0, "volume": 47041, "typical_volume": 87725.8, "trend": 2840.626657, "fair_value": 2595.804779, "relative_strength": 3.231075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.250933, "energy": 65.582534, "activity_lines": [ 3036.233333, 3000.304908, 2936.231461, 2896.295214 ] }, { "date": "2026-08-07", "close": 3073.0, "volume": 83902, "typical_volume": 87276.4, "trend": 2854.73438, "fair_value": 2600.197542, "relative_strength": 3.727025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.132326, "energy": 72.062804, "activity_lines": [ 3054.333333, 3019.722878, 2954.078103, 2911.287042 ] } ], "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." } } }