{ "ticker": { "uuid": "af1231ed-7ae5-4201-b6d0-913f988da9ae", "symbol": "XDNG", "name": "Xtrackers MSCI Japan Screened UCITS ETF 2D GBP Hedged", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 58.715, "architecture_energy": 35.684, "architecture_maturity": 60.833, "architecture_confidence": 79.253, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 20.3, "rotation_up": 41.53, "upward_expansion": 68.94, "deceleration": 82.65, "rotation_down": 27.2, "downward_expansion": 16.61 }, "activity_lines": [ 4085.666667, 4096.036364, 4030.878571, 3947.213608 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 4171.5, "trend_reference": 3848.398437, "distance_from_trend": 0.083957, "trend_direction": "Improving", "fair_value": 2881.232455, "distance_from_fair_value": 0.447818, "fair_value_direction": "Improving", "relative_strength": 7.498262, "relative_strength_direction": "Weakening", "price_momentum": 0.111574, "excess_performance": 0.060339, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083957, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.064799, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.447818, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.022192, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.074983, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.044635, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.111574, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.760471, "read": "Demand-led" } ], "volume": { "latest": 2614, "relative_activity": 0.586013, "balance": 2.760471, "dry_up": 0.803638, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.031873, "annualized_volatility": 0.206974, "from_high_reference": -0.010705, "from_low_reference": 0.403595 }, "levels": { "trend_reference": 3848.398437, "fair_value_reference": 2881.232455, "structural_low": 3429.346924, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.027002, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.013735, "regime_survival": 0.125, "best_return": 0.069681, "worst_return": -0.028701, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.043636, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.036554, "regime_survival": 0.166667, "best_return": 0.170304, "worst_return": -0.094385, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.101089, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.088697, "regime_survival": 0.0, "best_return": 0.234637, "worst_return": -0.049839, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.027266, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.019352, "regime_survival": 0.0, "best_return": 0.338307, "worst_return": -0.056888, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-07-26", "tenure": "Developing", "return": -0.003976, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-09-06", "tenure": "Developing", "return": 0.022636, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.044032, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2025-01-03", "tenure": "Established", "return": 0.022623, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-10", "end": "2025-03-07", "tenure": "Developing", "return": -0.006208, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.00358, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.019326, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.067404, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.019776, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.029224, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2026-03-20", "tenure": "Extended", "return": 0.258185, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.096705, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-31", "tenure": "Established", "return": 0.07073, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2059.334961, "volume": 1446, "typical_volume": 17795.1, "trend": 1934.104309, "fair_value": 1757.841395, "relative_strength": 15.578559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.841531, "energy": 47.411851, "activity_lines": [ 2100.483366, 2100.793865, 2065.450187, 2008.001395 ] }, { "date": "2023-08-25", "close": 2077.489746, "volume": 9181, "typical_volume": 16220.75, "trend": 1943.711174, "fair_value": 1761.882049, "relative_strength": 14.957872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.163112, "energy": 36.597222, "activity_lines": [ 2090.108919, 2096.30728, 2071.844986, 2017.252068 ] }, { "date": "2023-09-01", "close": 2147.963623, "volume": 512, "typical_volume": 16092.1, "trend": 1955.558887, "fair_value": 1766.358448, "relative_strength": 16.395431, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.33258, "energy": 43.985645, "activity_lines": [ 2105.313981, 2105.571653, 2083.535962, 2030.429646 ] }, { "date": "2023-09-08", "close": 2164.957764, "volume": 2562, "typical_volume": 16152.6, "trend": 1968.508781, "fair_value": 1770.730841, "relative_strength": 16.638119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.804733, "energy": 50.57254, "activity_lines": [ 2126.072608, 2116.600675, 2095.342915, 2043.939251 ] }, { "date": "2023-09-15", "close": 2220.937012, "volume": 345, "typical_volume": 15913.35, "trend": 1983.25802, "fair_value": 1775.506905, "relative_strength": 15.580327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.223052, "energy": 76.629448, "activity_lines": [ 2161.514763, 2137.06408, 2110.991793, 2060.224943 ] }, { "date": "2023-09-22", "close": 2186.949463, "volume": 11128, "typical_volume": 16107.85, "trend": 1997.299154, "fair_value": 1780.132345, "relative_strength": 13.804695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.265106, "energy": 79.640785, "activity_lines": [ 2179.119043, 2148.827712, 2121.73225, 2073.366326 ] }, { "date": "2023-09-29", "close": 2152.462402, "volume": 15647, "typical_volume": 16792.75, "trend": 2008.57476, "fair_value": 1784.504693, "relative_strength": 12.751212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.84599, "energy": 72.840912, "activity_lines": [ 2176.720003, 2152.15973, 2127.736865, 2083.376859 ] }, { "date": "2023-10-06", "close": 2108.728027, "volume": 13453, "typical_volume": 10118.4, "trend": 2018.584147, "fair_value": 1788.465404, "relative_strength": 11.79644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.549171, "energy": 47.255823, "activity_lines": [ 2154.744661, 2146.746418, 2128.441479, 2089.83836 ] }, { "date": "2023-10-13", "close": 2131.720215, "volume": 4964, "typical_volume": 10201.85, "trend": 2032.067065, "fair_value": 1792.680773, "relative_strength": 11.160317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.211317, "energy": 28.25767, "activity_lines": [ 2143.049088, 2146.196564, 2130.685328, 2097.137461 ] }, { "date": "2023-10-20", "close": 2083.737305, "volume": 3311, "typical_volume": 9842.85, "trend": 2043.517411, "fair_value": 1796.596565, "relative_strength": 11.217885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.870222, "energy": 18.722092, "activity_lines": [ 2117.575049, 2136.442441, 2127.68745, 2100.471025 ] }, { "date": "2023-10-27", "close": 2073.741211, "volume": 4145, "typical_volume": 9106.8, "trend": 2051.852462, "fair_value": 1800.637205, "relative_strength": 12.01748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.201112, "energy": 18.852561, "activity_lines": [ 2097.915625, 2125.590288, 2123.514267, 2102.420947 ] }, { "date": "2023-11-03", "close": 2219.187744, "volume": 12143, "typical_volume": 9346.0, "trend": 2066.485079, "fair_value": 1805.193918, "relative_strength": 17.267604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.812629, "energy": 22.600681, "activity_lines": [ 2134.285596, 2140.921027, 2133.101926, 2113.216772 ] }, { "date": "2023-11-10", "close": 2180.202148, "volume": 7053, "typical_volume": 9356.05, "trend": 2078.077283, "fair_value": 1809.177306, "relative_strength": 15.625678, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.394715, "energy": 27.933471, "activity_lines": [ 2153.212012, 2146.587149, 2138.547462, 2120.553357 ] }, { "date": "2023-11-17", "close": 2228.934326, "volume": 9004, "typical_volume": 9728.55, "trend": 2090.635852, "fair_value": 1813.316176, "relative_strength": 15.451795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.838617, "energy": 54.005294, "activity_lines": [ 2183.617545, 2160.527512, 2148.133566, 2130.28607 ] }, { "date": "2023-11-24", "close": 2239.18042, "volume": 8097, "typical_volume": 9372.05, "trend": 2102.944552, "fair_value": 1817.206917, "relative_strength": 15.743377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.465381, "energy": 71.292399, "activity_lines": [ 2210.957503, 2175.167591, 2158.196069, 2139.86959 ] }, { "date": "2023-12-01", "close": 2216.188965, "volume": 8681, "typical_volume": 7961.3, "trend": 2114.078723, "fair_value": 1820.988701, "relative_strength": 13.407211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.528569, "energy": 68.518238, "activity_lines": [ 2220.270768, 2185.295708, 2165.32198, 2147.175681 ] }, { "date": "2023-12-08", "close": 2171.455566, "volume": 4187, "typical_volume": 7802.7, "trend": 2122.655587, "fair_value": 1824.563787, "relative_strength": 10.332841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.670016, "energy": 56.111288, "activity_lines": [ 2205.176383, 2186.758851, 2167.482292, 2150.877413 ] }, { "date": "2023-12-15", "close": 2162.208984, "volume": 6088, "typical_volume": 6940.1, "trend": 2128.99176, "fair_value": 1827.981935, "relative_strength": 9.154863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.255885, "energy": 31.759404, "activity_lines": [ 2190.18195, 2186.195468, 2168.463679, 2153.429245 ] }, { "date": "2023-12-22", "close": 2188.449219, "volume": 31729, "typical_volume": 8058.95, "trend": 2135.586214, "fair_value": 1831.654749, "relative_strength": 8.287091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.977525, "energy": 19.885096, "activity_lines": [ 2185.133805, 2189.430655, 2171.868362, 2157.26521 ] }, { "date": "2023-12-29", "close": 2223.186523, "volume": 889, "typical_volume": 7728.25, "trend": 2141.797591, "fair_value": 1835.334093, "relative_strength": 9.005841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.849278, "energy": 23.215251, "activity_lines": [ 2194.363769, 2197.950279, 2178.185479, 2162.916843 ] }, { "date": "2024-01-05", "close": 2257.174072, "volume": 9288, "typical_volume": 8120.35, "trend": 2148.55048, "fair_value": 1838.928702, "relative_strength": 10.698586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.451248, "energy": 39.588613, "activity_lines": [ 2215.989176, 2210.114018, 2187.263888, 2170.360487 ] }, { "date": "2024-01-12", "close": 2358.636719, "volume": 7024, "typical_volume": 8012.5, "trend": 2156.203247, "fair_value": 1843.224947, "relative_strength": 15.868663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.658575, "energy": 79.651418, "activity_lines": [ 2268.703125, 2237.390367, 2205.063315, 2183.914438 ] }, { "date": "2024-01-19", "close": 2377.879395, "volume": 5295, "typical_volume": 8251.65, "trend": 2166.296631, "fair_value": 1847.636539, "relative_strength": 18.570776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.880584, "energy": 89.770053, "activity_lines": [ 2315.352555, 2265.629949, 2223.356582, 2198.216125 ] }, { "date": "2024-01-26", "close": 2378.879395, "volume": 3208, "typical_volume": 8283.95, "trend": 2174.790731, "fair_value": 1852.227456, "relative_strength": 15.260506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.302555, "energy": 91.316824, "activity_lines": [ 2347.957292, 2290.457218, 2240.650251, 2211.931142 ] }, { "date": "2024-02-02", "close": 2409.368164, "volume": 5452, "typical_volume": 8539.3, "trend": 2185.692171, "fair_value": 1856.631157, "relative_strength": 16.297493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.176278, "energy": 93.635819, "activity_lines": [ 2378.029606, 2318.101625, 2259.828938, 2227.06517 ] }, { "date": "2024-02-09", "close": 2434.858887, "volume": 7477, "typical_volume": 8356.75, "trend": 2197.918091, "fair_value": 1860.930882, "relative_strength": 17.39564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.336872, "energy": 93.638518, "activity_lines": [ 2404.186719, 2347.286386, 2280.538021, 2243.140442 ] }, { "date": "2024-02-16", "close": 2503.08374, "volume": 2265, "typical_volume": 7687.65, "trend": 2211.060449, "fair_value": 1865.623117, "relative_strength": 17.662257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.10313, "energy": 96.674164, "activity_lines": [ 2441.239795, 2384.899849, 2306.564188, 2262.828548 ] }, { "date": "2024-02-23", "close": 2535.754395, "volume": 3345, "typical_volume": 7182.25, "trend": 2224.042383, "fair_value": 1870.883416, "relative_strength": 18.415282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.438043, "energy": 96.157342, "activity_lines": [ 2479.553288, 2422.423828, 2334.032221, 2283.776545 ] }, { "date": "2024-03-01", "close": 2576.242432, "volume": 7130, "typical_volume": 7290.55, "trend": 2239.739982, "fair_value": 1876.38084, "relative_strength": 19.791185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.608791, "energy": 95.186108, "activity_lines": [ 2520.837793, 2460.517534, 2363.322798, 2306.499128 ] }, { "date": "2024-03-08", "close": 2571.743896, "volume": 16746, "typical_volume": 7962.3, "trend": 2254.687891, "fair_value": 1881.5084, "relative_strength": 19.100515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.198889, "energy": 91.707387, "activity_lines": [ 2547.465251, 2490.742538, 2390.068171, 2327.918736 ] }, { "date": "2024-03-15", "close": 2529.256592, "volume": 12827, "typical_volume": 8396.4, "trend": 2270.351945, "fair_value": 1886.053, "relative_strength": 15.383751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.379303, "energy": 76.31745, "activity_lines": [ 2549.105225, 2506.905171, 2410.443293, 2345.632846 ] }, { "date": "2024-03-22", "close": 2661.717285, "volume": 11125, "typical_volume": 8345.5, "trend": 2289.826196, "fair_value": 1891.502742, "relative_strength": 17.509276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.263832, "energy": 75.756757, "activity_lines": [ 2588.605583, 2542.204612, 2441.264598, 2370.882222 ] }, { "date": "2024-03-29", "close": 2640.223633, "volume": 9116, "typical_volume": 8448.65, "trend": 2306.234863, "fair_value": 1896.880348, "relative_strength": 15.518688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.143769, "energy": 71.579426, "activity_lines": [ 2610.36582, 2568.08556, 2467.931606, 2393.488509 ] }, { "date": "2024-04-05", "close": 2588.23877, "volume": 43443, "typical_volume": 10170.6, "trend": 2320.34423, "fair_value": 1901.955139, "relative_strength": 13.101118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.282917, "energy": 66.171589, "activity_lines": [ 2607.833154, 2579.74482, 2487.457095, 2411.682309 ] }, { "date": "2024-04-12", "close": 2595.237061, "volume": 19503, "typical_volume": 10740.9, "trend": 2332.820898, "fair_value": 1907.089201, "relative_strength": 11.529157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.112231, "energy": 66.107731, "activity_lines": [ 2606.833496, 2588.869962, 2505.938115, 2429.41733 ] }, { "date": "2024-04-19", "close": 2525.757568, "volume": 14430, "typical_volume": 11028.35, "trend": 2344.114502, "fair_value": 1912.029249, "relative_strength": 9.29388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.653306, "energy": 55.320863, "activity_lines": [ 2581.107796, 2581.983035, 2516.106533, 2441.864857 ] }, { "date": "2024-04-26", "close": 2579.741455, "volume": 3518, "typical_volume": 10994.9, "trend": 2358.357137, "fair_value": 1917.573174, "relative_strength": 7.723377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.216637, "energy": 45.49498, "activity_lines": [ 2573.609994, 2583.258656, 2529.942136, 2457.066596 ] }, { "date": "2024-05-03", "close": 2581.740967, "volume": 3704, "typical_volume": 10875.7, "trend": 2374.124235, "fair_value": 1922.931357, "relative_strength": 6.336592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.092476, "energy": 39.912412, "activity_lines": [ 2572.24375, 2583.504048, 2542.023951, 2471.478456 ] }, { "date": "2024-05-10", "close": 2600.735107, "volume": 4460, "typical_volume": 9512.25, "trend": 2389.758065, "fair_value": 1928.659497, "relative_strength": 3.904934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.552996, "energy": 39.288653, "activity_lines": [ 2581.107731, 2586.366801, 2553.916961, 2486.098513 ] }, { "date": "2024-05-17", "close": 2624.228516, "volume": 6285, "typical_volume": 9782.05, "trend": 2407.774438, "fair_value": 1934.453369, "relative_strength": 4.622413, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.497347, "energy": 51.320943, "activity_lines": [ 2596.969759, 2593.055762, 2566.084172, 2501.225639 ] }, { "date": "2024-05-24", "close": 2640.223633, "volume": 19548, "typical_volume": 10295.05, "trend": 2426.657186, "fair_value": 1940.090363, "relative_strength": 6.172951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.112611, "energy": 55.147399, "activity_lines": [ 2616.230729, 2601.69866, 2577.865003, 2516.222361 ] }, { "date": "2024-05-31", "close": 2655.719238, "volume": 19673, "typical_volume": 10927.5, "trend": 2441.208236, "fair_value": 1945.765838, "relative_strength": 6.974826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.242669, "energy": 58.479048, "activity_lines": [ 2633.02583, 2611.141357, 2589.297561, 2531.000558 ] }, { "date": "2024-06-07", "close": 2659.718018, "volume": 6660, "typical_volume": 10995.75, "trend": 2457.192098, "fair_value": 1951.486162, "relative_strength": 7.1761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.385885, "energy": 63.884675, "activity_lines": [ 2646.088672, 2621.420162, 2599.696276, 2545.097963 ] }, { "date": "2024-06-14", "close": 2624.728516, "volume": 4778, "typical_volume": 11074.25, "trend": 2470.385238, "fair_value": 1957.204775, "relative_strength": 6.747539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.394101, "energy": 51.851016, "activity_lines": [ 2642.289877, 2624.982795, 2605.42057, 2555.906764 ] }, { "date": "2024-06-21", "close": 2624.228516, "volume": 2408, "typical_volume": 10922.05, "trend": 2483.220174, "fair_value": 1962.681591, "relative_strength": 5.279296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.114203, "energy": 48.799265, "activity_lines": [ 2636.724854, 2627.791069, 2609.926534, 2565.832137 ] }, { "date": "2024-06-28", "close": 2742.693359, "volume": 9715, "typical_volume": 11033.95, "trend": 2500.770321, "fair_value": 1969.012271, "relative_strength": 10.644659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.420083, "energy": 60.182088, "activity_lines": [ 2670.648112, 2651.611288, 2624.691719, 2582.572342 ] }, { "date": "2024-07-05", "close": 2797.67749, "volume": 18840, "typical_volume": 11862.7, "trend": 2521.644385, "fair_value": 1975.725839, "relative_strength": 11.931913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.28483, "energy": 78.250023, "activity_lines": [ 2716.068099, 2681.484335, 2643.22761, 2601.727644 ] }, { "date": "2024-07-12", "close": 2821.17041, "volume": 5545, "typical_volume": 11972.7, "trend": 2543.609766, "fair_value": 1982.700492, "relative_strength": 11.752559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.571275, "energy": 91.1642, "activity_lines": [ 2759.855176, 2711.666349, 2662.598095, 2621.051903 ] }, { "date": "2024-07-19", "close": 2755.189697, "volume": 5433, "typical_volume": 11887.85, "trend": 2562.501115, "fair_value": 1989.148107, "relative_strength": 10.006334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.878567, "energy": 85.332922, "activity_lines": [ 2770.885189, 2725.498606, 2674.325578, 2634.702221 ] }, { "date": "2024-07-26", "close": 2629.726807, "volume": 10655, "typical_volume": 11583.3, "trend": 2576.052458, "fair_value": 1994.990032, "relative_strength": 3.101462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.404344, "energy": 50.58862, "activity_lines": [ 2731.396826, 2713.711164, 2673.252085, 2639.039363 ] }, { "date": "2024-08-02", "close": 2338.062744, "volume": 38582, "typical_volume": 12871.05, "trend": 2578.748747, "fair_value": 1998.821403, "relative_strength": -7.133504, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -8.502231, "energy": 18.685063, "activity_lines": [ 2594.320557, 2648.793923, 2644.124952, 2623.685188 ] }, { "date": "2024-08-09", "close": 2353.557861, "volume": 109221, "typical_volume": 17775.85, "trend": 2578.579452, "fair_value": 2002.623998, "relative_strength": -6.477217, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.329786, "energy": 45.980812, "activity_lines": [ 2489.3847, 2592.187811, 2617.383992, 2609.156744 ] }, { "date": "2024-08-16", "close": 2545.751221, "volume": 75349, "typical_volume": 21087.5, "trend": 2584.175179, "fair_value": 2008.0285, "relative_strength": -0.725093, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.509195, "energy": 38.514307, "activity_lines": [ 2478.121273, 2576.019789, 2610.414588, 2607.038793 ] }, { "date": "2024-08-23", "close": 2563.950684, "volume": 19460, "typical_volume": 19888.35, "trend": 2590.344222, "fair_value": 2013.274243, "relative_strength": -0.36621, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.130453, "energy": 39.850648, "activity_lines": [ 2491.285612, 2565.232884, 2605.628334, 2605.733987 ] }, { "date": "2024-08-30", "close": 2590.444824, "volume": 22620, "typical_volume": 20044.2, "trend": 2596.380111, "fair_value": 2018.09574, "relative_strength": -0.056767, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.46169, "energy": 27.71685, "activity_lines": [ 2526.030599, 2560.368146, 2603.48099, 2605.740477 ] }, { "date": "2024-09-06", "close": 2390.987549, "volume": 16795, "typical_volume": 20162.45, "trend": 2594.917733, "fair_value": 2021.318406, "relative_strength": -5.568428, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.201641, "energy": 36.151361, "activity_lines": [ 2496.908626, 2519.852699, 2582.360534, 2592.489344 ] }, { "date": "2024-09-13", "close": 2435.228271, "volume": 23641, "typical_volume": 21168.6, "trend": 2592.655884, "fair_value": 2024.802248, "relative_strength": -4.923545, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.6253, "energy": 35.62413, "activity_lines": [ 2479.005241, 2493.77567, 2566.095243, 2582.186799 ] }, { "date": "2024-09-20", "close": 2543.455078, "volume": 11649, "typical_volume": 21565.85, "trend": 2592.912573, "fair_value": 2029.034296, "relative_strength": -0.32937, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.377228, "energy": 30.030551, "activity_lines": [ 2491.732764, 2493.966229, 2560.825424, 2579.012553 ] }, { "date": "2024-09-27", "close": 2542.455078, "volume": 37686, "typical_volume": 23227.15, "trend": 2591.786328, "fair_value": 2033.78676, "relative_strength": -1.593934, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.78507, "energy": 27.046653, "activity_lines": [ 2504.280029, 2499.024339, 2555.642682, 2575.757231 ] }, { "date": "2024-10-04", "close": 2629.436768, "volume": 25519, "typical_volume": 24188.85, "trend": 2593.709424, "fair_value": 2039.19768, "relative_strength": 2.038168, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.624512, "energy": 12.412533, "activity_lines": [ 2547.254232, 2523.765203, 2559.021433, 2578.186291 ] }, { "date": "2024-10-11", "close": 2624.437744, "volume": 1218, "typical_volume": 23272.35, "trend": 2596.882129, "fair_value": 2044.19865, "relative_strength": 1.940073, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.208252, "energy": 15.707894, "activity_lines": [ 2585.96263, 2547.602428, 2561.899286, 2580.168764 ] }, { "date": "2024-10-18", "close": 2595.944092, "volume": 1240, "typical_volume": 22350.7, "trend": 2594.689689, "fair_value": 2049.201117, "relative_strength": -0.606748, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.601355, "energy": 11.420454, "activity_lines": [ 2599.609798, 2561.052171, 2562.138629, 2580.108245 ] }, { "date": "2024-10-25", "close": 2543.455078, "volume": 21435, "typical_volume": 23089.45, "trend": 2591.464071, "fair_value": 2053.844699, "relative_strength": -1.468813, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.835211, "energy": 14.074237, "activity_lines": [ 2585.04624, 2560.551434, 2557.663661, 2576.802786 ] }, { "date": "2024-11-01", "close": 2588.945313, "volume": 4596, "typical_volume": 23080.35, "trend": 2591.487622, "fair_value": 2058.510866, "relative_strength": 1.063354, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.1037, "energy": 10.469831, "activity_lines": [ 2585.646094, 2568.363397, 2558.07473, 2576.640286 ] }, { "date": "2024-11-08", "close": 2631.436035, "volume": 16823, "typical_volume": 23801.1, "trend": 2592.694255, "fair_value": 2063.457416, "relative_strength": 3.865758, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.088103, "energy": 14.760197, "activity_lines": [ 2597.310173, 2583.446498, 2562.702931, 2579.217603 ] }, { "date": "2024-11-15", "close": 2594.444092, "volume": 5604, "typical_volume": 23595.55, "trend": 2594.983805, "fair_value": 2068.176446, "relative_strength": 2.362309, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.734158, "energy": 11.636243, "activity_lines": [ 2596.510319, 2591.058496, 2563.773768, 2579.330496 ] }, { "date": "2024-11-22", "close": 2610.440674, "volume": 13787, "typical_volume": 23342.9, "trend": 2596.007113, "fair_value": 2073.584092, "relative_strength": 0.415011, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.876038, "energy": 20.389952, "activity_lines": [ 2603.042236, 2597.879754, 2567.074037, 2580.327713 ] }, { "date": "2024-11-29", "close": 2599.443115, "volume": 15333, "typical_volume": 23832.3, "trend": 2596.597184, "fair_value": 2078.927646, "relative_strength": -0.429708, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.893812, "energy": 17.607069, "activity_lines": [ 2604.941862, 2599.515776, 2570.218524, 2580.54939 ] }, { "date": "2024-12-06", "close": 2653.931152, "volume": 5715, "typical_volume": 23846.4, "trend": 2598.370386, "fair_value": 2084.38189, "relative_strength": 1.199246, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.345091, "energy": 24.876725, "activity_lines": [ 2621.271631, 2610.040749, 2579.608193, 2584.248356 ] }, { "date": "2024-12-13", "close": 2666.428467, "volume": 3328, "typical_volume": 23480.05, "trend": 2599.777051, "fair_value": 2089.871408, "relative_strength": 1.555593, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.032083, "energy": 34.993946, "activity_lines": [ 2637.434782, 2620.811124, 2590.670265, 2588.6392 ] }, { "date": "2024-12-20", "close": 2641.933838, "volume": 8768, "typical_volume": 21989.35, "trend": 2599.834058, "fair_value": 2095.213518, "relative_strength": 3.041211, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.444225, "energy": 34.379195, "activity_lines": [ 2643.100228, 2626.455353, 2599.224745, 2591.358993 ] }, { "date": "2024-12-27", "close": 2713.418701, "volume": 1133, "typical_volume": 16584.95, "trend": 2601.757373, "fair_value": 2101.020268, "relative_strength": 4.694046, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.766298, "energy": 52.677169, "activity_lines": [ 2669.427978, 2644.77872, 2613.140303, 2598.687034 ] }, { "date": "2025-01-03", "close": 2688.923828, "volume": 425, "typical_volume": 12838.75, "trend": 2602.7309, "fair_value": 2106.652385, "relative_strength": 2.605487, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.771882, "energy": 59.983709, "activity_lines": [ 2680.72557, 2656.512571, 2623.009392, 2604.310677 ] }, { "date": "2025-01-10", "close": 2624.937744, "volume": 8420, "typical_volume": 12286.75, "trend": 2602.737874, "fair_value": 2111.9544, "relative_strength": -0.187243, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.320036, "energy": 50.078081, "activity_lines": [ 2664.729085, 2653.967702, 2626.102795, 2605.743376 ] }, { "date": "2025-01-17", "close": 2640.434326, "volume": 7188, "typical_volume": 11515.15, "trend": 2603.278068, "fair_value": 2117.63758, "relative_strength": -2.579976, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.581679, "energy": 36.374447, "activity_lines": [ 2655.831022, 2653.585986, 2630.381648, 2608.175405 ] }, { "date": "2025-01-24", "close": 2725.916016, "volume": 16327, "typical_volume": 11491.75, "trend": 2602.718823, "fair_value": 2124.280252, "relative_strength": 0.55221, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.63562, "energy": 40.285491, "activity_lines": [ 2677.159798, 2668.58279, 2642.563568, 2616.087531 ] }, { "date": "2025-01-31", "close": 2731.414795, "volume": 8264, "typical_volume": 10722.9, "trend": 2600.510067, "fair_value": 2130.671541, "relative_strength": -1.229396, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.466287, "energy": 45.204695, "activity_lines": [ 2694.722689, 2682.188974, 2653.674285, 2624.390497 ] }, { "date": "2025-02-07", "close": 2660.429932, "volume": 11644, "typical_volume": 10722.65, "trend": 2595.152051, "fair_value": 2136.452474, "relative_strength": -3.998053, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.625348, "energy": 39.256247, "activity_lines": [ 2687.424219, 2680.689289, 2656.614126, 2628.256295 ] }, { "date": "2025-02-14", "close": 2704.420654, "volume": 8948, "typical_volume": 9285.75, "trend": 2593.459749, "fair_value": 2142.721967, "relative_strength": -2.680785, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.662592, "energy": 51.040526, "activity_lines": [ 2696.688916, 2686.079066, 2663.186537, 2635.305882 ] }, { "date": "2025-02-21", "close": 2649.635742, "volume": 12062, "typical_volume": 8612.9, "trend": 2594.123381, "fair_value": 2148.680306, "relative_strength": -3.713127, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.263045, "energy": 29.646065, "activity_lines": [ 2682.393115, 2680.589959, 2663.770073, 2638.93014 ] }, { "date": "2025-02-28", "close": 2625.13916, "volume": 3187, "typical_volume": 8711.35, "trend": 2603.692594, "fair_value": 2154.936383, "relative_strength": -6.018403, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.546555, "energy": 15.528479, "activity_lines": [ 2659.318359, 2670.95225, 2661.924415, 2640.931158 ] }, { "date": "2025-03-07", "close": 2608.641357, "volume": 12891, "typical_volume": 9293.9, "trend": 2612.195378, "fair_value": 2161.230821, "relative_strength": -5.009591, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.824305, "energy": 13.677657, "activity_lines": [ 2637.462793, 2658.620299, 2658.504198, 2641.250433 ] }, { "date": "2025-03-14", "close": 2653.635254, "volume": 4151, "typical_volume": 8429.7, "trend": 2615.791512, "fair_value": 2167.067478, "relative_strength": -2.720679, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.696778, "energy": 14.845066, "activity_lines": [ 2638.790088, 2656.374099, 2659.308651, 2643.923973 ] }, { "date": "2025-03-21", "close": 2695.629395, "volume": 8085, "typical_volume": 8604.15, "trend": 2620.180802, "fair_value": 2172.82745, "relative_strength": -1.203449, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.099066, "energy": 15.037601, "activity_lines": [ 2654.568408, 2662.404807, 2663.587878, 2649.074804 ] }, { "date": "2025-03-28", "close": 2644.136475, "volume": 21888, "typical_volume": 8857.4, "trend": 2621.970524, "fair_value": 2178.347009, "relative_strength": -3.068819, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.495704, "energy": 6.74828, "activity_lines": [ 2653.768506, 2657.787864, 2662.454998, 2650.620331 ] }, { "date": "2025-04-04", "close": 2315.181641, "volume": 16014, "typical_volume": 9377.9, "trend": 2619.443661, "fair_value": 2182.014092, "relative_strength": -8.54305, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -58.513565, "energy": 60.56979, "activity_lines": [ 2543.68361, 2593.293639, 2629.932608, 2630.8275 ] }, { "date": "2025-04-11", "close": 2359.925781, "volume": 18147, "typical_volume": 9595.9, "trend": 2616.933577, "fair_value": 2185.998421, "relative_strength": -5.549294, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.944435, "energy": 78.791728, "activity_lines": [ 2469.177263, 2544.40261, 2603.001386, 2614.084411 ] }, { "date": "2025-04-18", "close": 2484.658447, "volume": 18024, "typical_volume": 9730.45, "trend": 2614.97369, "fair_value": 2190.807939, "relative_strength": -4.184821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.385286, "energy": 73.277408, "activity_lines": [ 2452.829508, 2524.944593, 2589.142393, 2605.550532 ] }, { "date": "2025-04-25", "close": 2588.644043, "volume": 2900, "typical_volume": 9589.7, "trend": 2616.513322, "fair_value": 2196.322348, "relative_strength": -1.774662, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.774971, "energy": 68.571992, "activity_lines": [ 2482.40874, 2527.588894, 2585.733385, 2603.851845 ] }, { "date": "2025-05-02", "close": 2652.135498, "volume": 7021, "typical_volume": 9774.35, "trend": 2617.269946, "fair_value": 2202.352659, "relative_strength": -1.450395, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.641656, "energy": 26.406849, "activity_lines": [ 2540.284147, 2543.882124, 2588.682072, 2606.15005 ] }, { "date": "2025-05-09", "close": 2679.631592, "volume": 3563, "typical_volume": 9514.1, "trend": 2619.109741, "fair_value": 2208.749811, "relative_strength": 0.025652, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.971676, "energy": 16.431586, "activity_lines": [ 2606.79165, 2565.129195, 2594.317497, 2610.173382 ] }, { "date": "2025-05-16", "close": 2707.62793, "volume": 6456, "typical_volume": 9780.25, "trend": 2622.832536, "fair_value": 2215.315215, "relative_strength": -0.440621, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.306265, "energy": 25.601986, "activity_lines": [ 2658.334603, 2590.475737, 2602.439726, 2615.884233 ] }, { "date": "2025-05-23", "close": 2661.634033, "volume": 1970, "typical_volume": 9857.5, "trend": 2626.771834, "fair_value": 2221.3904, "relative_strength": -2.434133, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.72583, "energy": 23.534078, "activity_lines": [ 2671.366113, 2605.659996, 2606.20916, 2618.387555 ] }, { "date": "2025-05-30", "close": 2732.624512, "volume": 3333, "typical_volume": 9603.15, "trend": 2631.561141, "fair_value": 2227.784519, "relative_strength": -0.395422, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.044741, "energy": 34.798675, "activity_lines": [ 2696.262744, 2633.606183, 2616.869543, 2625.21676 ] }, { "date": "2025-06-06", "close": 2737.123779, "volume": 3754, "typical_volume": 9431.45, "trend": 2635.084066, "fair_value": 2234.306776, "relative_strength": -0.892419, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.214914, "energy": 42.410556, "activity_lines": [ 2713.060433, 2661.697781, 2627.445633, 2632.027253 ] }, { "date": "2025-06-13", "close": 2726.625244, "volume": 8334, "typical_volume": 9031.8, "trend": 2639.490104, "fair_value": 2241.247001, "relative_strength": -1.32858, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.821987, "energy": 33.594387, "activity_lines": [ 2720.692725, 2686.189875, 2636.561437, 2637.933135 ] }, { "date": "2025-06-20", "close": 2712.627197, "volume": 5694, "typical_volume": 8903.3, "trend": 2642.896322, "fair_value": 2247.809219, "relative_strength": -0.928546, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.19976, "energy": 33.581537, "activity_lines": [ 2720.52609, 2700.656077, 2644.340717, 2642.651658 ] }, { "date": "2025-06-27", "close": 2817.112793, "volume": 3055, "typical_volume": 8473.85, "trend": 2650.151978, "fair_value": 2255.210979, "relative_strength": 2.704408, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.840283, "energy": 53.361652, "activity_lines": [ 2754.854704, 2727.706907, 2662.16047, 2653.89143 ] }, { "date": "2025-07-04", "close": 2776.618408, "volume": 319, "typical_volume": 8042.4, "trend": 2654.241553, "fair_value": 2262.029648, "relative_strength": 1.116862, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.928387, "energy": 59.470205, "activity_lines": [ 2765.319938, 2741.350497, 2675.377506, 2662.050554 ] }, { "date": "2025-07-11", "close": 2763.620117, "volume": 13324, "typical_volume": 8105.5, "trend": 2657.481274, "fair_value": 2268.789017, "relative_strength": -0.485617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.765551, "energy": 67.709103, "activity_lines": [ 2768.519482, 2749.213046, 2687.012812, 2669.107236 ] }, { "date": "2025-07-18", "close": 2779.11792, "volume": 2850, "typical_volume": 8088.65, "trend": 2662.054077, "fair_value": 2275.378672, "relative_strength": -0.317625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.252171, "energy": 72.511376, "activity_lines": [ 2775.118538, 2757.866384, 2699.581315, 2676.954762 ] }, { "date": "2025-07-25", "close": 2902.101074, "volume": 5202, "typical_volume": 7704.2, "trend": 2668.34349, "fair_value": 2282.791915, "relative_strength": 2.625152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.796164, "energy": 84.047941, "activity_lines": [ 2819.212467, 2787.071453, 2723.129268, 2692.441665 ] }, { "date": "2025-08-01", "close": 2833.610352, "volume": 21102, "typical_volume": 8551.75, "trend": 2673.166374, "fair_value": 2289.743693, "relative_strength": 0.609358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.618797, "energy": 75.175418, "activity_lines": [ 2827.844564, 2800.287789, 2738.756867, 2703.104043 ] }, { "date": "2025-08-08", "close": 2991.588623, "volume": 19772, "typical_volume": 9136.1, "trend": 2685.38807, "fair_value": 2297.636571, "relative_strength": 5.635392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.180284, "energy": 90.172877, "activity_lines": [ 2888.036247, 2839.100604, 2768.572992, 2723.647414 ] }, { "date": "2025-08-15", "close": 3064.578613, "volume": 4517, "typical_volume": 8267.55, "trend": 2699.526213, "fair_value": 2305.925255, "relative_strength": 7.508386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.540243, "energy": 95.521238, "activity_lines": [ 2958.226579, 2886.475888, 2803.931215, 2748.11132 ] }, { "date": "2025-08-22", "close": 3032.827393, "volume": 6931, "typical_volume": 7813.4, "trend": 2709.756592, "fair_value": 2314.154561, "relative_strength": 4.199148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.312503, "energy": 91.058011, "activity_lines": [ 2997.769271, 2922.124498, 2834.263407, 2769.614622 ] }, { "date": "2025-08-29", "close": 2968.331055, "volume": 9103, "typical_volume": 7361.2, "trend": 2717.6538, "fair_value": 2322.100167, "relative_strength": 3.383679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.034278, "energy": 87.347463, "activity_lines": [ 2998.899219, 2940.47919, 2855.035729, 2786.296845 ] }, { "date": "2025-09-05", "close": 3008.828613, "volume": 11917, "typical_volume": 7055.85, "trend": 2729.26709, "fair_value": 2330.151608, "relative_strength": 4.334729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.250866, "energy": 82.07198, "activity_lines": [ 3009.113021, 2961.547914, 2876.767794, 2805.082317 ] }, { "date": "2025-09-12", "close": 3080.824707, "volume": 6385, "typical_volume": 7230.1, "trend": 2741.813892, "fair_value": 2338.898412, "relative_strength": 5.723513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.154622, "energy": 69.477158, "activity_lines": [ 3031.644303, 2992.221094, 2902.860582, 2827.763453 ] }, { "date": "2025-09-19", "close": 3090.323975, "volume": 2134, "typical_volume": 6985.75, "trend": 2756.503499, "fair_value": 2348.024847, "relative_strength": 6.644308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.077254, "energy": 67.485815, "activity_lines": [ 3051.392936, 3019.09039, 2927.514344, 2850.247975 ] }, { "date": "2025-09-26", "close": 3106.823242, "volume": 1768, "typical_volume": 6896.0, "trend": 2772.559635, "fair_value": 2357.348343, "relative_strength": 6.238488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.782395, "energy": 68.934458, "activity_lines": [ 3074.924967, 3043.019482, 2951.652853, 2872.849249 ] }, { "date": "2025-10-03", "close": 3127.822021, "volume": 3949, "typical_volume": 6770.65, "trend": 2789.865658, "fair_value": 2366.550176, "relative_strength": 4.552885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.300254, "energy": 71.140124, "activity_lines": [ 3100.523535, 3064.808256, 2975.757, 2895.769403 ] }, { "date": "2025-10-10", "close": 3106.823242, "volume": 43465, "typical_volume": 8845.4, "trend": 2804.971924, "fair_value": 2375.652636, "relative_strength": 4.479962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.111289, "energy": 63.98133, "activity_lines": [ 3108.489778, 3078.675053, 2995.860339, 2916.218279 ] }, { "date": "2025-10-17", "close": 3175.819336, "volume": 53677, "typical_volume": 11362.6, "trend": 2820.978255, "fair_value": 2385.223008, "relative_strength": 7.443159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.509509, "energy": 67.438011, "activity_lines": [ 3132.921745, 3100.119087, 3020.414786, 2940.143919 ] }, { "date": "2025-10-24", "close": 3251.244873, "volume": 7809, "typical_volume": 11565.35, "trend": 2841.215202, "fair_value": 2395.067052, "relative_strength": 6.490279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.124545, "energy": 72.452298, "activity_lines": [ 3176.162581, 3131.927206, 3050.042165, 2967.903055 ] }, { "date": "2025-10-31", "close": 3323.310791, "volume": 19636, "typical_volume": 12130.45, "trend": 2874.819507, "fair_value": 2405.288169, "relative_strength": 7.881094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.306811, "energy": 84.546914, "activity_lines": [ 3232.697331, 3173.444287, 3084.08477, 2999.005996 ] }, { "date": "2025-11-07", "close": 3267.813965, "volume": 35697, "typical_volume": 13630.6, "trend": 2905.082446, "fair_value": 2414.900467, "relative_strength": 6.385418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.917278, "energy": 88.301694, "activity_lines": [ 3256.300635, 3199.58952, 3110.000603, 3024.360478 ] }, { "date": "2025-11-14", "close": 3365.80835, "volume": 14861, "typical_volume": 14220.9, "trend": 2934.45411, "fair_value": 2425.116911, "relative_strength": 9.229631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.715881, "energy": 93.952282, "activity_lines": [ 3303.235938, 3238.106769, 3142.605489, 3054.084729 ] }, { "date": "2025-11-21", "close": 3276.313477, "volume": 3840, "typical_volume": 14396.95, "trend": 2957.376424, "fair_value": 2434.47777, "relative_strength": 7.914548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.8442, "energy": 77.869326, "activity_lines": [ 3303.073942, 3253.861683, 3164.074216, 3076.140172 ] }, { "date": "2025-11-28", "close": 3361.308594, "volume": 9859, "typical_volume": 14223.7, "trend": 2981.015527, "fair_value": 2444.756665, "relative_strength": 8.444291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.787491, "energy": 69.930517, "activity_lines": [ 3324.544043, 3281.515914, 3191.258217, 3102.200312 ] }, { "date": "2025-12-05", "close": 3368.80835, "volume": 7418, "typical_volume": 14452.1, "trend": 3003.988086, "fair_value": 2455.014762, "relative_strength": 9.096516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.210527, "energy": 68.846982, "activity_lines": [ 3341.176481, 3305.606743, 3216.310345, 3127.219204 ] }, { "date": "2025-12-12", "close": 3391.806885, "volume": 11913, "typical_volume": 14787.65, "trend": 3026.794051, "fair_value": 2465.6221, "relative_strength": 9.846007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.44563, "energy": 68.014096, "activity_lines": [ 3362.441927, 3329.115758, 3240.744759, 3152.239772 ] }, { "date": "2025-12-19", "close": 3422.805176, "volume": 13932, "typical_volume": 14429.15, "trend": 3052.166423, "fair_value": 2476.676407, "relative_strength": 7.944321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.646164, "energy": 69.477617, "activity_lines": [ 3385.773942, 3353.461102, 3265.79946, 3177.788877 ] }, { "date": "2025-12-26", "close": 3401.306396, "volume": 3510, "typical_volume": 13616.05, "trend": 3074.455819, "fair_value": 2487.692209, "relative_strength": 7.481356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.556265, "energy": 65.131511, "activity_lines": [ 3398.139909, 3368.15245, 3286.000967, 3200.314036 ] }, { "date": "2026-01-02", "close": 3430.304688, "volume": 3269, "typical_volume": 13553.65, "trend": 3097.561849, "fair_value": 2498.869871, "relative_strength": 7.407515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.140477, "energy": 66.751351, "activity_lines": [ 3411.839111, 3384.016451, 3307.01318, 3223.272028 ] }, { "date": "2026-01-09", "close": 3604.794678, "volume": 9617, "typical_volume": 13687.95, "trend": 3126.834163, "fair_value": 2511.135626, "relative_strength": 10.686049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.299855, "energy": 75.178285, "activity_lines": [ 3479.101904, 3428.350271, 3342.901935, 3255.996727 ] }, { "date": "2026-01-16", "close": 3645.79248, "volume": 6529, "typical_volume": 13559.25, "trend": 3157.939673, "fair_value": 2523.268568, "relative_strength": 10.432116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.382723, "energy": 89.635198, "activity_lines": [ 3544.29821, 3475.020348, 3379.971588, 3289.477908 ] }, { "date": "2026-01-23", "close": 3585.795898, "volume": 4726, "typical_volume": 13199.7, "trend": 3183.562443, "fair_value": 2534.784671, "relative_strength": 9.384262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.108239, "energy": 86.750758, "activity_lines": [ 3572.563281, 3503.909619, 3408.101274, 3317.081536 ] }, { "date": "2026-01-30", "close": 3566.796875, "volume": 7421, "typical_volume": 13251.5, "trend": 3209.901725, "fair_value": 2546.158162, "relative_strength": 7.734362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.012875, "energy": 83.701246, "activity_lines": [ 3583.629297, 3525.344749, 3431.674066, 3341.806338 ] }, { "date": "2026-02-06", "close": 3752.786377, "volume": 8518, "typical_volume": 13570.7, "trend": 3242.873934, "fair_value": 2558.826915, "relative_strength": 11.38176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.189256, "energy": 82.841942, "activity_lines": [ 3645.659114, 3575.314635, 3470.645991, 3376.831154 ] }, { "date": "2026-02-13", "close": 3840.281494, "volume": 10017, "typical_volume": 13983.15, "trend": 3278.246053, "fair_value": 2572.043721, "relative_strength": 12.756266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.087969, "energy": 79.510149, "activity_lines": [ 3715.355192, 3634.074947, 3514.796202, 3415.373577 ] }, { "date": "2026-02-20", "close": 3770.0, "volume": 6295, "typical_volume": 14100.45, "trend": 3307.176017, "fair_value": 2584.891699, "relative_strength": 7.90388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.092946, "energy": 75.572175, "activity_lines": [ 3745.924984, 3671.484566, 3548.760278, 3447.099638 ] }, { "date": "2026-02-27", "close": 3867.0, "volume": 7387, "typical_volume": 12296.55, "trend": 3341.622339, "fair_value": 2598.05071, "relative_strength": 8.052171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.730037, "energy": 84.996326, "activity_lines": [ 3800.547607, 3719.65431, 3588.90446, 3483.217315 ] }, { "date": "2026-03-06", "close": 3560.5, "volume": 13166, "typical_volume": 10271.0, "trend": 3360.586051, "fair_value": 2609.281823, "relative_strength": 5.259731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.584567, "energy": 60.716942, "activity_lines": [ 3734.256624, 3704.020512, 3596.238275, 3497.338454 ] }, { "date": "2026-03-13", "close": 3563.5, "volume": 3668, "typical_volume": 10063.95, "trend": 3377.216764, "fair_value": 2621.052767, "relative_strength": 5.345115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.131872, "energy": 39.735487, "activity_lines": [ 3669.385433, 3686.03774, 3602.025993, 3510.429676 ] }, { "date": "2026-03-20", "close": 3493.5, "volume": 19009, "typical_volume": 10032.6, "trend": 3392.572518, "fair_value": 2632.291697, "relative_strength": 6.59455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.701581, "energy": 22.815067, "activity_lines": [ 3593.8, 3652.905961, 3599.660114, 3517.931821 ] }, { "date": "2026-03-27", "close": 3505.5, "volume": 9094, "typical_volume": 8702.45, "trend": 3410.478149, "fair_value": 2643.072532, "relative_strength": 6.147588, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.899038, "energy": 26.882585, "activity_lines": [ 3545.333333, 3623.979541, 3597.626668, 3525.217465 ] }, { "date": "2026-04-03", "close": 3628.0, "volume": 8813, "typical_volume": 8400.05, "trend": 3431.117196, "fair_value": 2654.917345, "relative_strength": 4.555695, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.299048, "energy": 23.338498, "activity_lines": [ 3555.333333, 3619.87662, 3606.128051, 3539.251133 ] }, { "date": "2026-04-10", "close": 3756.0, "volume": 9804, "typical_volume": 8698.25, "trend": 3453.623039, "fair_value": 2667.247883, "relative_strength": 6.211503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.145783, "energy": 21.877026, "activity_lines": [ 3623.933333, 3638.279079, 3625.571377, 3560.211313 ] }, { "date": "2026-04-17", "close": 3844.5, "volume": 6327, "typical_volume": 8521.65, "trend": 3478.76224, "fair_value": 2680.019183, "relative_strength": 7.656954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.40531, "energy": 41.239961, "activity_lines": [ 3709.0, 3669.332391, 3651.159054, 3585.429182 ] }, { "date": "2026-04-24", "close": 3732.5, "volume": 3531, "typical_volume": 8327.3, "trend": 3499.618132, "fair_value": 2691.958802, "relative_strength": 7.105933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.141953, "energy": 46.946798, "activity_lines": [ 3738.0, 3678.354545, 3663.779153, 3601.79936 ] }, { "date": "2026-05-01", "close": 3729.0, "volume": 4140, "typical_volume": 7938.65, "trend": 3519.657398, "fair_value": 2703.797496, "relative_strength": 6.848545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.734293, "energy": 53.216057, "activity_lines": [ 3749.9, 3688.7, 3674.334053, 3616.59819 ] }, { "date": "2026-05-08", "close": 3872.5, "volume": 4048, "typical_volume": 7444.45, "trend": 3545.179956, "fair_value": 2716.351023, "relative_strength": 11.961751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.239564, "energy": 64.472003, "activity_lines": [ 3794.733333, 3725.881818, 3696.949938, 3639.362229 ] }, { "date": "2026-05-15", "close": 3898.0, "volume": 5690, "typical_volume": 7553.45, "trend": 3569.252645, "fair_value": 2728.696384, "relative_strength": 12.663461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.644353, "energy": 61.067706, "activity_lines": [ 3831.766667, 3767.6, 3719.852991, 3662.124813 ] }, { "date": "2026-05-22", "close": 3933.0, "volume": 8120, "typical_volume": 7796.0, "trend": 3591.977816, "fair_value": 2741.147566, "relative_strength": 10.292337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.628797, "energy": 64.701217, "activity_lines": [ 3871.0, 3809.545455, 3743.72417, 3685.592384 ] }, { "date": "2026-05-29", "close": 3990.0, "volume": 432, "typical_volume": 7336.75, "trend": 3614.200789, "fair_value": 2753.667789, "relative_strength": 12.049329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.212594, "energy": 75.155318, "activity_lines": [ 3923.333333, 3855.136364, 3770.630133, 3711.271234 ] }, { "date": "2026-06-05", "close": 3997.5, "volume": 8689, "typical_volume": 7444.75, "trend": 3638.523657, "fair_value": 2766.122357, "relative_strength": 12.227481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.930415, "energy": 78.907722, "activity_lines": [ 3961.0, 3893.063636, 3796.41607, 3736.000216 ] }, { "date": "2026-06-12", "close": 4025.5, "volume": 1361, "typical_volume": 7276.5, "trend": 3660.513379, "fair_value": 2778.279064, "relative_strength": 11.419325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.106355, "energy": 81.84544, "activity_lines": [ 3990.1, 3927.136364, 3823.193877, 3760.966431 ] }, { "date": "2026-06-19", "close": 4209.5, "volume": 272, "typical_volume": 6919.05, "trend": 3691.619596, "fair_value": 2791.961257, "relative_strength": 17.097432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.365792, "energy": 91.809961, "activity_lines": [ 4070.333333, 3987.436364, 3865.401664, 3796.384923 ] }, { "date": "2026-06-26", "close": 4102.5, "volume": 1478, "typical_volume": 6567.05, "trend": 3716.325977, "fair_value": 2804.643588, "relative_strength": 12.112835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.929716, "energy": 85.140685, "activity_lines": [ 4094.133333, 4020.036364, 3894.358483, 3822.893336 ] }, { "date": "2026-07-03", "close": 4156.5, "volume": 1277, "typical_volume": 6130.05, "trend": 3742.582365, "fair_value": 2817.939581, "relative_strength": 11.31163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.481502, "energy": 87.831221, "activity_lines": [ 4124.633333, 4057.763636, 3926.792857, 3851.29166 ] }, { "date": "2026-07-10", "close": 4166.5, "volume": 1798, "typical_volume": 5905.2, "trend": 3768.405469, "fair_value": 2831.390983, "relative_strength": 12.965182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.897769, "energy": 85.531053, "activity_lines": [ 4147.366667, 4089.6, 3958.67381, 3878.641185 ] }, { "date": "2026-07-17", "close": 3998.0, "volume": 3744, "typical_volume": 5723.05, "trend": 3787.57863, "fair_value": 2843.501157, "relative_strength": 6.943836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.37172, "energy": 56.197172, "activity_lines": [ 4102.666667, 4082.845455, 3972.619048, 3893.453736 ] }, { "date": "2026-07-24", "close": 4093.0, "volume": 1647, "typical_volume": 5147.1, "trend": 3810.635083, "fair_value": 2855.980026, "relative_strength": 7.729897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.823814, "energy": 50.323876, "activity_lines": [ 4091.466667, 4091.081818, 3994.988095, 3913.15834 ] }, { "date": "2026-07-31", "close": 3996.5, "volume": 6334, "typical_volume": 5280.4, "trend": 3829.50826, "fair_value": 2868.10301, "relative_strength": 3.602205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.443678, "energy": 33.608669, "activity_lines": [ 4055.866667, 4078.227273, 4005.630952, 3925.149625 ] }, { "date": "2026-08-07", "close": 4171.5, "volume": 2614, "typical_volume": 4460.65, "trend": 3848.398437, "fair_value": 2881.232455, "relative_strength": 7.498262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.714784, "energy": 35.683971, "activity_lines": [ 4085.666667, 4096.036364, 4030.878571, 3947.213608 ] } ], "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." } } }