{ "ticker": { "uuid": "b6980319-9fe4-461b-be39-33a6730278e2", "symbol": "FCNCA", "name": "First Citizens BancShares, Inc.", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 73.192, "architecture_energy": 69.069, "architecture_maturity": 11.997, "architecture_confidence": 76.897, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 11.31, "rotation_up": 74.16, "upward_expansion": 92.41, "deceleration": 40.75, "rotation_down": 12.94, "downward_expansion": 14.41 }, "activity_lines": [ 2177.19, 2141.786364, 2085.301449, 2044.543682 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 2218.49, "trend_reference": 2016.883419, "distance_from_trend": 0.099959, "trend_direction": "Improving", "fair_value": 1829.312904, "distance_from_fair_value": 0.212745, "fair_value_direction": "Improving", "relative_strength": -1.719267, "relative_strength_direction": "Improving", "price_momentum": 0.028828, "excess_performance": -0.158625, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099959, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019548, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.212745, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.108008, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017193, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.147786, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.028828, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.105626, "read": "Demand-led" } ], "volume": { "latest": 265072, "relative_activity": 0.707924, "balance": 5.105626, "dry_up": 1.049026, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.04765, "annualized_volatility": 0.229051, "from_high_reference": -0.031223, "from_low_reference": 0.370753 }, "levels": { "trend_reference": 2016.883419, "fair_value_reference": 1829.312904, "structural_low": 1757.415916, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.006528, "positive_rate": 0.304348, "directional_follow_through": 0.304348, "median_excess_return": -0.029044, "regime_survival": 0.652174, "best_return": 0.264074, "worst_return": -0.123303, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.000948, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": 0.042242, "regime_survival": 0.545455, "best_return": 0.41993, "worst_return": -0.12838, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.035893, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.041744, "regime_survival": 0.285714, "best_return": 0.340435, "worst_return": -0.224185, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.227372, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.192792, "regime_survival": 0.75, "best_return": 0.572402, "worst_return": -0.01839, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.121116, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.148487, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.116296, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": -0.112464, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": 0.068818, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": 0.012567, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.09459, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": 0.011077, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-02-06", "tenure": "Developing", "return": -0.006528, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-13", "tenure": "Developing", "return": -0.117592, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.091835, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-12", "tenure": "Developing", "return": 0.039738, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-07-24", "tenure": "Developing", "return": 0.042976, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.014561, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1378.467656, "volume": 284006, "typical_volume": 629586.95, "trend": 1057.959576, "fair_value": 788.2318, "relative_strength": 27.991597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.542197, "energy": 81.41158, "activity_lines": [ 1415.82566, 1373.20984, 1307.731049, 1203.042759 ] }, { "date": "2023-08-25", "close": 1345.947767, "volume": 322829, "typical_volume": 596080.55, "trend": 1077.510776, "fair_value": 794.335111, "relative_strength": 22.113975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.765281, "energy": 63.46538, "activity_lines": [ 1394.69597, 1375.191764, 1318.611113, 1221.622642 ] }, { "date": "2023-09-01", "close": 1354.076192, "volume": 339895, "typical_volume": 578165.3, "trend": 1097.049695, "fair_value": 800.521561, "relative_strength": 17.765338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.446062, "energy": 50.067177, "activity_lines": [ 1376.528796, 1377.237388, 1328.554783, 1239.465572 ] }, { "date": "2023-09-08", "close": 1311.935311, "volume": 229441, "typical_volume": 544097.6, "trend": 1115.64248, "fair_value": 806.665927, "relative_strength": 15.064273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.299717, "energy": 33.505381, "activity_lines": [ 1348.227367, 1368.718173, 1332.632872, 1253.32916 ] }, { "date": "2023-09-15", "close": 1303.350874, "volume": 376904, "typical_volume": 521402.2, "trend": 1134.037606, "fair_value": 812.890358, "relative_strength": 14.369796, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.421826, "energy": 25.500231, "activity_lines": [ 1326.472492, 1357.850629, 1334.517989, 1265.439379 ] }, { "date": "2023-09-22", "close": 1355.055292, "volume": 324455, "typical_volume": 489477.0, "trend": 1154.877939, "fair_value": 819.617487, "relative_strength": 22.347976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.434645, "energy": 21.581457, "activity_lines": [ 1331.905736, 1355.778148, 1339.858787, 1279.698585 ] }, { "date": "2023-09-29", "close": 1364.905636, "volume": 296617, "typical_volume": 434362.05, "trend": 1177.258807, "fair_value": 826.293293, "relative_strength": 22.468217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.771462, "energy": 23.231883, "activity_lines": [ 1342.183252, 1354.541906, 1344.406723, 1293.248759 ] }, { "date": "2023-10-06", "close": 1339.191886, "volume": 272087, "typical_volume": 401420.8, "trend": 1201.608496, "fair_value": 832.691689, "relative_strength": 17.587171, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.240532, "energy": 21.783678, "activity_lines": [ 1342.625661, 1348.354761, 1345.821304, 1303.696054 ] }, { "date": "2023-10-13", "close": 1336.402933, "volume": 240278, "typical_volume": 376822.9, "trend": 1229.392548, "fair_value": 838.784092, "relative_strength": 16.852239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.664635, "energy": 22.597198, "activity_lines": [ 1343.130705, 1342.998258, 1346.736872, 1312.392469 ] }, { "date": "2023-10-20", "close": 1294.252163, "volume": 314493, "typical_volume": 367890.0, "trend": 1253.35164, "fair_value": 844.035921, "relative_strength": 16.147794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.573624, "energy": 8.453575, "activity_lines": [ 1327.954318, 1332.09894, 1343.263293, 1316.576961 ] }, { "date": "2023-10-27", "close": 1333.67332, "volume": 440448, "typical_volume": 364160.15, "trend": 1265.764445, "fair_value": 849.67504, "relative_strength": 22.149476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.641893, "energy": 9.287116, "activity_lines": [ 1326.524897, 1331.247076, 1343.490686, 1321.759004 ] }, { "date": "2023-11-03", "close": 1419.181429, "volume": 314138, "typical_volume": 344699.5, "trend": 1280.179276, "fair_value": 855.644804, "relative_strength": 21.484166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.63105, "energy": 24.158559, "activity_lines": [ 1355.023644, 1346.756584, 1351.559093, 1331.656874 ] }, { "date": "2023-11-10", "close": 1389.996322, "volume": 203112, "typical_volume": 334164.65, "trend": 1294.341751, "fair_value": 861.14264, "relative_strength": 15.067115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.112688, "energy": 24.877476, "activity_lines": [ 1370.175636, 1355.628187, 1356.128849, 1338.741845 ] }, { "date": "2023-11-17", "close": 1444.034757, "volume": 368913, "typical_volume": 327687.85, "trend": 1308.372918, "fair_value": 866.962599, "relative_strength": 16.476817, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.466165, "energy": 53.664504, "activity_lines": [ 1399.953478, 1373.671867, 1364.913802, 1348.399458 ] }, { "date": "2023-11-24", "close": 1419.596805, "volume": 237450, "typical_volume": 327880.75, "trend": 1322.527627, "fair_value": 872.639553, "relative_strength": 12.921976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.967501, "energy": 58.323868, "activity_lines": [ 1414.40988, 1384.870475, 1370.536029, 1355.575193 ] }, { "date": "2023-12-01", "close": 1471.102801, "volume": 324521, "typical_volume": 323803.6, "trend": 1338.512807, "fair_value": 878.27378, "relative_strength": 16.193692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.843008, "energy": 64.977535, "activity_lines": [ 1437.678638, 1403.320247, 1380.351392, 1365.160688 ] }, { "date": "2023-12-08", "close": 1432.171483, "volume": 325631, "typical_volume": 321178.95, "trend": 1345.545987, "fair_value": 883.646372, "relative_strength": 11.870476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.401578, "energy": 56.294575, "activity_lines": [ 1438.808325, 1412.581643, 1385.656353, 1371.203183 ] }, { "date": "2023-12-15", "close": 1416.587075, "volume": 603801, "typical_volume": 332255.05, "trend": 1349.759613, "fair_value": 889.043311, "relative_strength": 6.523709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.134541, "energy": 35.187879, "activity_lines": [ 1433.877205, 1417.786495, 1389.084571, 1375.786479 ] }, { "date": "2023-12-22", "close": 1417.092033, "volume": 406370, "typical_volume": 324335.35, "trend": 1355.072769, "fair_value": 894.393952, "relative_strength": 5.140667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.157568, "energy": 30.890518, "activity_lines": [ 1427.341688, 1421.675972, 1392.542688, 1380.130506 ] }, { "date": "2023-12-29", "close": 1404.943324, "volume": 217985, "typical_volume": 322168.7, "trend": 1359.136441, "fair_value": 899.785425, "relative_strength": 3.532405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.176674, "energy": 19.849644, "activity_lines": [ 1418.552783, 1421.889519, 1395.015041, 1383.347962 ] }, { "date": "2024-01-05", "close": 1370.546732, "volume": 300221, "typical_volume": 322979.45, "trend": 1362.483865, "fair_value": 904.669454, "relative_strength": 3.92202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.007685, "energy": 13.849499, "activity_lines": [ 1399.275246, 1413.836573, 1394.438706, 1384.084109 ] }, { "date": "2024-01-12", "close": 1379.606284, "volume": 346500, "typical_volume": 324163.0, "trend": 1366.19851, "fair_value": 909.53288, "relative_strength": 1.083753, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.692774, "energy": 14.091045, "activity_lines": [ 1389.721297, 1406.760392, 1394.762904, 1385.188782 ] }, { "date": "2024-01-19", "close": 1395.745156, "volume": 234638, "typical_volume": 318900.15, "trend": 1372.909384, "fair_value": 914.496927, "relative_strength": -0.847877, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.212169, "energy": 14.553896, "activity_lines": [ 1389.05132, 1403.3381, 1396.463859, 1387.095017 ] }, { "date": "2024-01-26", "close": 1475.449405, "volume": 528287, "typical_volume": 333842.45, "trend": 1379.803645, "fair_value": 920.203652, "relative_strength": 3.626928, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.709385, "energy": 23.262398, "activity_lines": [ 1416.338886, 1414.302966, 1405.55727, 1393.710502 ] }, { "date": "2024-02-02", "close": 1504.628091, "volume": 688324, "typical_volume": 349413.45, "trend": 1387.623412, "fair_value": 925.673442, "relative_strength": 3.811901, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.66156, "energy": 48.636563, "activity_lines": [ 1449.46219, 1430.001871, 1416.650966, 1401.763692 ] }, { "date": "2024-02-09", "close": 1480.033637, "volume": 367933, "typical_volume": 351587.35, "trend": 1393.539697, "fair_value": 930.54517, "relative_strength": -0.247684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.612481, "energy": 56.102258, "activity_lines": [ 1467.741691, 1439.683035, 1424.44387, 1407.725642 ] }, { "date": "2024-02-16", "close": 1500.014155, "volume": 292292, "typical_volume": 351371.1, "trend": 1398.548722, "fair_value": 935.351871, "relative_strength": 2.058995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.63147, "energy": 64.767793, "activity_lines": [ 1485.382237, 1452.834641, 1433.544545, 1414.594962 ] }, { "date": "2024-02-23", "close": 1519.430308, "volume": 293937, "typical_volume": 352463.6, "trend": 1402.104174, "fair_value": 940.447377, "relative_strength": 1.361616, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.839566, "energy": 66.740547, "activity_lines": [ 1501.467644, 1468.282953, 1443.851004, 1422.393774 ] }, { "date": "2024-03-01", "close": 1553.778804, "volume": 447851, "typical_volume": 362842.25, "trend": 1405.461606, "fair_value": 945.502612, "relative_strength": 0.944734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.688276, "energy": 68.226956, "activity_lines": [ 1520.756872, 1488.10657, 1456.57047, 1432.179234 ] }, { "date": "2024-03-08", "close": 1539.853124, "volume": 468144, "typical_volume": 370524.8, "trend": 1408.368359, "fair_value": 949.951573, "relative_strength": 0.765609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.261471, "energy": 64.835977, "activity_lines": [ 1530.182247, 1502.913031, 1466.928558, 1440.849654 ] }, { "date": "2024-03-15", "close": 1529.247802, "volume": 449425, "typical_volume": 370973.65, "trend": 1413.394363, "fair_value": 954.497171, "relative_strength": 0.214623, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.828243, "energy": 59.228558, "activity_lines": [ 1533.724179, 1513.338346, 1475.107087, 1448.648328 ] }, { "date": "2024-03-22", "close": 1586.070523, "volume": 423932, "typical_volume": 376463.35, "trend": 1421.398455, "fair_value": 959.282766, "relative_strength": -0.017875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.684573, "energy": 62.89756, "activity_lines": [ 1552.926074, 1531.209591, 1487.765996, 1459.788726 ] }, { "date": "2024-03-29", "close": 1620.532864, "volume": 215121, "typical_volume": 377063.8, "trend": 1430.280344, "fair_value": 964.407857, "relative_strength": 2.348423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.941349, "energy": 65.835601, "activity_lines": [ 1577.878325, 1551.59282, 1502.912323, 1472.636107 ] }, { "date": "2024-04-05", "close": 1580.460605, "volume": 420541, "typical_volume": 379645.2, "trend": 1439.231187, "fair_value": 969.169393, "relative_strength": 0.368109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.239102, "energy": 55.811157, "activity_lines": [ 1582.732985, 1560.603135, 1513.144451, 1482.325156 ] }, { "date": "2024-04-12", "close": 1555.285354, "volume": 355114, "typical_volume": 385528.4, "trend": 1447.629003, "fair_value": 973.742091, "relative_strength": -1.000581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.322783, "energy": 45.34782, "activity_lines": [ 1577.417109, 1563.126838, 1520.329289, 1489.812521 ] }, { "date": "2024-04-19", "close": 1553.49137, "volume": 321082, "typical_volume": 385356.45, "trend": 1454.243539, "fair_value": 978.126452, "relative_strength": 4.242075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.053554, "energy": 38.198989, "activity_lines": [ 1570.474422, 1564.40332, 1526.697136, 1496.642352 ] }, { "date": "2024-04-26", "close": 1738.97548, "volume": 493913, "typical_volume": 393770.55, "trend": 1466.712534, "fair_value": 983.810777, "relative_strength": 11.706169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.000382, "energy": 53.816158, "activity_lines": [ 1623.743534, 1598.068591, 1550.33781, 1515.012154 ] }, { "date": "2024-05-03", "close": 1694.869234, "volume": 457742, "typical_volume": 386467.6, "trend": 1478.568446, "fair_value": 989.276292, "relative_strength": 7.295519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.288216, "energy": 56.873274, "activity_lines": [ 1652.116901, 1619.369793, 1568.316917, 1529.731941 ] }, { "date": "2024-05-10", "close": 1721.531212, "volume": 343358, "typical_volume": 383317.0, "trend": 1491.406055, "fair_value": 994.834476, "relative_strength": 7.297369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.663492, "energy": 76.713157, "activity_lines": [ 1684.421835, 1642.328828, 1587.510108, 1545.406958 ] }, { "date": "2024-05-17", "close": 1751.900097, "volume": 381133, "typical_volume": 391474.4, "trend": 1506.660986, "fair_value": 1000.703777, "relative_strength": 6.835265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.875256, "energy": 84.50323, "activity_lines": [ 1717.445024, 1667.759436, 1608.145862, 1562.213026 ] }, { "date": "2024-05-24", "close": 1765.488785, "volume": 399670, "typical_volume": 396446.85, "trend": 1521.054835, "fair_value": 1006.598246, "relative_strength": 6.08434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.008056, "energy": 82.716699, "activity_lines": [ 1741.890126, 1691.805314, 1628.423602, 1578.911593 ] }, { "date": "2024-05-31", "close": 1685.027098, "volume": 672171, "typical_volume": 412730.4, "trend": 1529.916357, "fair_value": 1011.916317, "relative_strength": 2.823359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.447404, "energy": 63.902631, "activity_lines": [ 1725.381505, 1696.926504, 1639.157649, 1589.490449 ] }, { "date": "2024-06-07", "close": 1675.473092, "volume": 402475, "typical_volume": 421122.25, "trend": 1539.43225, "fair_value": 1017.254429, "relative_strength": -0.471418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.580545, "energy": 48.231111, "activity_lines": [ 1709.284774, 1698.511392, 1647.527404, 1598.881206 ] }, { "date": "2024-06-14", "close": 1618.952662, "volume": 316853, "typical_volume": 410550.55, "trend": 1545.262847, "fair_value": 1022.525188, "relative_strength": -7.041353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.371662, "energy": 29.59956, "activity_lines": [ 1675.640976, 1688.820924, 1649.182224, 1604.011555 ] }, { "date": "2024-06-21", "close": 1633.129895, "volume": 293299, "typical_volume": 390799.3, "trend": 1552.380616, "fair_value": 1027.53497, "relative_strength": -6.464733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.989522, "energy": 24.087441, "activity_lines": [ 1653.561492, 1681.00828, 1651.503908, 1609.680397 ] }, { "date": "2024-06-28", "close": 1670.324048, "volume": 411981, "typical_volume": 393001.7, "trend": 1559.021324, "fair_value": 1033.092878, "relative_strength": -4.289053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.022022, "energy": 21.706988, "activity_lines": [ 1651.798073, 1678.542854, 1656.755979, 1617.289651 ] }, { "date": "2024-07-05", "close": 1679.193499, "volume": 300524, "typical_volume": 393413.3, "trend": 1567.255392, "fair_value": 1038.83379, "relative_strength": -7.034622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.844384, "energy": 19.536721, "activity_lines": [ 1659.335453, 1675.565824, 1661.946615, 1625.042694 ] }, { "date": "2024-07-12", "close": 1735.098822, "volume": 213338, "typical_volume": 389383.35, "trend": 1577.87245, "fair_value": 1045.096269, "relative_strength": -3.703126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.265411, "energy": 31.41613, "activity_lines": [ 1685.896847, 1683.840344, 1671.608332, 1635.871303 ] }, { "date": "2024-07-19", "close": 1818.326817, "volume": 411400, "typical_volume": 387560.8, "trend": 1591.246943, "fair_value": 1051.879911, "relative_strength": 4.958412, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.804658, "energy": 52.580387, "activity_lines": [ 1736.225857, 1706.51578, 1688.169531, 1651.384488 ] }, { "date": "2024-07-26", "close": 2093.795705, "volume": 691318, "typical_volume": 398719.5, "trend": 1614.208689, "fair_value": 1060.36755, "relative_strength": 23.532432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.948607, "energy": 92.444513, "activity_lines": [ 1865.08622, 1777.516548, 1729.706111, 1683.806989 ] }, { "date": "2024-08-02", "close": 1942.211424, "volume": 672122, "typical_volume": 409854.35, "trend": 1633.264178, "fair_value": 1067.407793, "relative_strength": 17.975103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.871541, "energy": 87.10454, "activity_lines": [ 1912.707436, 1814.740254, 1754.168271, 1704.968455 ] }, { "date": "2024-08-09", "close": 1958.571296, "volume": 501294, "typical_volume": 413722.45, "trend": 1652.563012, "fair_value": 1074.56167, "relative_strength": 18.310427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.937265, "energy": 86.34617, "activity_lines": [ 1947.656116, 1851.725343, 1778.22202, 1725.956011 ] }, { "date": "2024-08-16", "close": 2032.126231, "volume": 512345, "typical_volume": 428583.65, "trend": 1673.775715, "fair_value": 1082.245247, "relative_strength": 16.147052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.920195, "energy": 89.490332, "activity_lines": [ 1988.497923, 1897.110526, 1807.507188, 1750.443961 ] }, { "date": "2024-08-23", "close": 1999.14854, "volume": 365951, "typical_volume": 425854.15, "trend": 1691.232352, "fair_value": 1089.417191, "relative_strength": 12.818788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.683728, "energy": 64.312232, "activity_lines": [ 1998.545338, 1930.015162, 1831.691655, 1771.435756 ] }, { "date": "2024-08-30", "close": 2016.302098, "volume": 378903, "typical_volume": 427043.6, "trend": 1708.288153, "fair_value": 1096.737239, "relative_strength": 14.307187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.973063, "energy": 61.109984, "activity_lines": [ 2002.255824, 1959.125975, 1855.516042, 1792.407998 ] }, { "date": "2024-09-06", "close": 1884.642248, "volume": 287657, "typical_volume": 425372.35, "trend": 1721.775106, "fair_value": 1103.369673, "relative_strength": 13.02632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.43258, "energy": 49.327928, "activity_lines": [ 1967.245934, 1957.331866, 1864.606078, 1803.785681 ] }, { "date": "2024-09-13", "close": 1819.686084, "volume": 514277, "typical_volume": 426390.55, "trend": 1732.430837, "fair_value": 1109.864839, "relative_strength": 2.858466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.953964, "energy": 29.997073, "activity_lines": [ 1914.421934, 1939.83085, 1865.932904, 1810.102519 ] }, { "date": "2024-09-20", "close": 1951.246643, "volume": 441737, "typical_volume": 425590.3, "trend": 1746.824715, "fair_value": 1117.048052, "relative_strength": 8.538347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.555419, "energy": 25.011224, "activity_lines": [ 1914.710469, 1943.695526, 1879.40497, 1824.219667 ] }, { "date": "2024-09-27", "close": 1832.444975, "volume": 624427, "typical_volume": 439643.75, "trend": 1756.113588, "fair_value": 1123.356733, "relative_strength": 0.92307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.258209, "energy": 23.246155, "activity_lines": [ 1880.79042, 1922.029938, 1880.341747, 1829.743555 ] }, { "date": "2024-10-04", "close": 1936.29342, "volume": 429521, "typical_volume": 442063.15, "trend": 1769.328264, "fair_value": 1130.345295, "relative_strength": 6.366411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.50986, "energy": 20.527413, "activity_lines": [ 1892.60009, 1918.989192, 1890.640692, 1841.36806 ] }, { "date": "2024-10-11", "close": 2006.770164, "volume": 327930, "typical_volume": 438476.15, "trend": 1785.245676, "fair_value": 1137.823145, "relative_strength": 8.673517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.86181, "energy": 30.581213, "activity_lines": [ 1933.23592, 1931.626077, 1906.773644, 1856.686893 ] }, { "date": "2024-10-18", "close": 2100.014331, "volume": 305662, "typical_volume": 420150.7, "trend": 1802.377136, "fair_value": 1145.960313, "relative_strength": 13.135162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.773031, "energy": 41.640972, "activity_lines": [ 1996.811278, 1960.042652, 1930.638034, 1876.994548 ] }, { "date": "2024-10-25", "close": 1868.487604, "volume": 639286, "typical_volume": 431991.25, "trend": 1810.642294, "fair_value": 1152.806264, "relative_strength": 0.549223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.323757, "energy": 31.938474, "activity_lines": [ 1964.52251, 1943.791766, 1930.476129, 1881.259739 ] }, { "date": "2024-11-01", "close": 1913.108974, "volume": 448105, "typical_volume": 438553.85, "trend": 1821.730573, "fair_value": 1159.703204, "relative_strength": 4.596009, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.167815, "energy": 29.252476, "activity_lines": [ 1952.624802, 1938.629105, 1933.644762, 1887.870493 ] }, { "date": "2024-11-08", "close": 2150.295287, "volume": 612093, "typical_volume": 454493.55, "trend": 1841.564238, "fair_value": 1168.213315, "relative_strength": 11.180621, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.595163, "energy": 46.526365, "activity_lines": [ 2014.411598, 1978.155584, 1958.001824, 1909.068216 ] }, { "date": "2024-11-15", "close": 2184.85848, "volume": 416710, "typical_volume": 454730.0, "trend": 1862.609808, "fair_value": 1177.052669, "relative_strength": 16.58714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.682862, "energy": 46.95442, "activity_lines": [ 2073.452667, 2021.53004, 1983.187926, 1931.216232 ] }, { "date": "2024-11-22", "close": 2336.396386, "volume": 467219, "typical_volume": 463064.75, "trend": 1882.523838, "fair_value": 1186.754852, "relative_strength": 21.811217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.130246, "energy": 75.994457, "activity_lines": [ 2171.133818, 2086.998365, 2020.356045, 1961.783108 ] }, { "date": "2024-11-29", "close": 2280.664355, "volume": 379840, "typical_volume": 471389.85, "trend": 1902.050342, "fair_value": 1196.39987, "relative_strength": 17.581243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.961597, "energy": 78.215557, "activity_lines": [ 2234.47882, 2132.938861, 2049.086815, 1987.469593 ] }, { "date": "2024-12-06", "close": 2182.879007, "volume": 420877, "typical_volume": 471863.7, "trend": 1917.428602, "fair_value": 1205.289115, "relative_strength": 8.703728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.72092, "energy": 72.317692, "activity_lines": [ 2237.750257, 2155.11079, 2065.906763, 2005.587571 ] }, { "date": "2024-12-13", "close": 2073.874182, "volume": 427943, "typical_volume": 458694.95, "trend": 1928.161072, "fair_value": 1213.75081, "relative_strength": 2.285784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.43613, "energy": 50.469743, "activity_lines": [ 2186.702084, 2151.092132, 2070.609336, 2015.680834 ] }, { "date": "2024-12-20", "close": 2117.201836, "volume": 592870, "typical_volume": 454732.35, "trend": 1939.88484, "fair_value": 1221.869939, "relative_strength": 6.493612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.852137, "energy": 32.993195, "activity_lines": [ 2155.191202, 2152.449761, 2079.533217, 2027.877013 ] }, { "date": "2024-12-27", "close": 2119.119781, "volume": 164886, "typical_volume": 437911.95, "trend": 1954.354596, "fair_value": 1230.219067, "relative_strength": 5.307248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.557664, "energy": 19.626977, "activity_lines": [ 2128.830078, 2152.148259, 2087.806471, 2039.440557 ] }, { "date": "2025-01-03", "close": 2137.18622, "volume": 211952, "typical_volume": 422892.3, "trend": 1969.745034, "fair_value": 1238.203051, "relative_strength": 6.675835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.471952, "energy": 20.040151, "activity_lines": [ 2122.976207, 2154.784192, 2097.035823, 2051.236146 ] }, { "date": "2025-01-10", "close": 2050.908538, "volume": 299713, "typical_volume": 419580.4, "trend": 1984.143563, "fair_value": 1245.634352, "relative_strength": 4.328018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.546903, "energy": 16.364474, "activity_lines": [ 2097.928318, 2136.847844, 2097.547966, 2056.472501 ] }, { "date": "2025-01-17", "close": 2175.266855, "volume": 322384, "typical_volume": 416754.45, "trend": 2002.214795, "fair_value": 1254.337593, "relative_strength": 7.123974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.660346, "energy": 18.302297, "activity_lines": [ 2123.131232, 2139.016653, 2109.657283, 2068.803036 ] }, { "date": "2025-01-24", "close": 2211.101607, "volume": 403712, "typical_volume": 422557.2, "trend": 2020.240714, "fair_value": 1263.775848, "relative_strength": 6.91117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.049407, "energy": 28.015268, "activity_lines": [ 2153.519553, 2147.246842, 2124.422458, 2082.279604 ] }, { "date": "2025-01-31", "close": 2190.918473, "volume": 400220, "typical_volume": 416854.35, "trend": 2037.298213, "fair_value": 1272.857432, "relative_strength": 7.072414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.224511, "energy": 28.356699, "activity_lines": [ 2170.920177, 2151.330223, 2135.710861, 2093.291073 ] }, { "date": "2025-02-07", "close": 2204.542834, "volume": 271289, "typical_volume": 408331.95, "trend": 2052.946346, "fair_value": 1282.126087, "relative_strength": 7.182641, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.755693, "energy": 41.042631, "activity_lines": [ 2188.075675, 2160.535814, 2146.52905, 2104.081048 ] }, { "date": "2025-02-14", "close": 2128.11325, "volume": 257346, "typical_volume": 389977.9, "trend": 2063.272561, "fair_value": 1290.898879, "relative_strength": 0.317794, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.793633, "energy": 32.018174, "activity_lines": [ 2175.264205, 2157.229144, 2148.862058, 2108.930526 ] }, { "date": "2025-02-21", "close": 2036.449424, "volume": 249365, "typical_volume": 380970.1, "trend": 2061.361018, "fair_value": 1299.016961, "relative_strength": -1.978419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.838883, "energy": 6.449572, "activity_lines": [ 2126.751145, 2138.252065, 2141.057234, 2107.200001 ] }, { "date": "2025-02-28", "close": 2037.204677, "volume": 289834, "typical_volume": 379065.3, "trend": 2064.52746, "fair_value": 1307.590134, "relative_strength": 1.266655, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.955813, "energy": 10.956952, "activity_lines": [ 2087.744331, 2120.092755, 2132.847405, 2105.641527 ] }, { "date": "2025-03-07", "close": 1859.690568, "volume": 394765, "typical_volume": 383520.45, "trend": 2061.231436, "fair_value": 1315.033791, "relative_strength": -4.595697, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.540252, "energy": 42.60496, "activity_lines": [ 2001.159277, 2071.112647, 2107.586544, 2092.426244 ] }, { "date": "2025-03-14", "close": 1797.909769, "volume": 598118, "typical_volume": 381462.05, "trend": 2053.42422, "fair_value": 1321.873556, "relative_strength": -5.525736, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.953899, "energy": 63.941057, "activity_lines": [ 1916.062483, 2015.61656, 2077.586197, 2075.437749 ] }, { "date": "2025-03-21", "close": 1841.388093, "volume": 512733, "typical_volume": 384693.45, "trend": 2048.165539, "fair_value": 1329.346838, "relative_strength": -3.600007, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.258857, "energy": 68.219971, "activity_lines": [ 1872.567335, 1974.194286, 2052.062727, 2061.757999 ] }, { "date": "2025-03-28", "close": 1825.373428, "volume": 486305, "typical_volume": 378404.05, "trend": 2041.80125, "fair_value": 1336.893067, "relative_strength": -2.260346, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.727218, "energy": 69.196235, "activity_lines": [ 1842.848975, 1933.669718, 2025.355579, 2047.384315 ] }, { "date": "2025-04-04", "close": 1562.882123, "volume": 692552, "typical_volume": 392196.15, "trend": 2031.075912, "fair_value": 1342.908342, "relative_strength": -7.193746, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.311982, "energy": 86.496609, "activity_lines": [ 1739.705247, 1851.781156, 1975.196506, 2016.486307 ] }, { "date": "2025-04-11", "close": 1648.704813, "volume": 805448, "typical_volume": 409107.6, "trend": 2025.376537, "fair_value": 1349.45066, "relative_strength": -8.95935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.629204, "energy": 78.071655, "activity_lines": [ 1696.790586, 1797.282529, 1936.172815, 1991.817203 ] }, { "date": "2025-04-18", "close": 1707.521407, "volume": 299184, "typical_volume": 405074.8, "trend": 2017.252362, "fair_value": 1356.424608, "relative_strength": -3.55989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.657544, "energy": 71.62971, "activity_lines": [ 1687.547174, 1763.336258, 1906.025426, 1971.310421 ] }, { "date": "2025-04-25", "close": 1769.829396, "volume": 490929, "typical_volume": 408577.4, "trend": 2015.165176, "fair_value": 1363.73377, "relative_strength": -5.918293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.463782, "energy": 58.776902, "activity_lines": [ 1705.098981, 1749.755465, 1884.541383, 1955.347649 ] }, { "date": "2025-05-02", "close": 1821.613463, "volume": 350174, "typical_volume": 404688.95, "trend": 2011.342511, "fair_value": 1371.297747, "relative_strength": -6.302911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.686871, "energy": 42.999678, "activity_lines": [ 1744.682725, 1752.104209, 1869.956059, 1942.860442 ] }, { "date": "2025-05-09", "close": 1831.838976, "volume": 534007, "typical_volume": 401745.8, "trend": 2005.511471, "fair_value": 1378.96262, "relative_strength": -5.535978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.189814, "energy": 28.372533, "activity_lines": [ 1787.925636, 1760.218246, 1857.545835, 1931.279568 ] }, { "date": "2025-05-16", "close": 1943.225449, "volume": 358186, "typical_volume": 411410.8, "trend": 2000.285175, "fair_value": 1387.406525, "relative_strength": -6.157083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.611136, "energy": 22.469956, "activity_lines": [ 1850.366916, 1792.318291, 1857.102718, 1927.261115 ] }, { "date": "2025-05-23", "close": 1812.611431, "volume": 291005, "typical_volume": 415363.45, "trend": 1998.422636, "fair_value": 1394.643265, "relative_strength": -10.216808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.013983, "energy": 21.853229, "activity_lines": [ 1849.63548, 1799.151516, 1845.057762, 1915.153132 ] }, { "date": "2025-05-30", "close": 1841.020054, "volume": 439428, "typical_volume": 422349.2, "trend": 1996.019672, "fair_value": 1402.120413, "relative_strength": -10.450168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.932744, "energy": 19.530432, "activity_lines": [ 1851.367584, 1810.882643, 1837.263983, 1904.998126 ] }, { "date": "2025-06-06", "close": 1848.388595, "volume": 320657, "typical_volume": 422262.85, "trend": 1985.956116, "fair_value": 1409.920573, "relative_strength": -11.860342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.254628, "energy": 17.301253, "activity_lines": [ 1850.809824, 1823.960195, 1831.17144, 1895.473541 ] }, { "date": "2025-06-13", "close": 1810.94844, "volume": 425618, "typical_volume": 423358.15, "trend": 1973.492448, "fair_value": 1417.625442, "relative_strength": -13.176439, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.263324, "energy": 15.386928, "activity_lines": [ 1835.987004, 1829.81199, 1823.06973, 1884.182723 ] }, { "date": "2025-06-20", "close": 1862.368909, "volume": 355833, "typical_volume": 421138.8, "trend": 1957.691532, "fair_value": 1425.33899, "relative_strength": -10.738255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.059868, "energy": 15.485894, "activity_lines": [ 1839.697042, 1840.502664, 1821.770699, 1877.013463 ] }, { "date": "2025-06-27", "close": 1948.54101, "volume": 490764, "typical_volume": 432112.55, "trend": 1946.620754, "fair_value": 1433.581299, "relative_strength": -10.351877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.790584, "energy": 6.364391, "activity_lines": [ 1877.52155, 1862.976191, 1830.243057, 1876.423106 ] }, { "date": "2025-07-04", "close": 2079.850406, "volume": 294577, "typical_volume": 433974.1, "trend": 1943.186467, "fair_value": 1442.606149, "relative_strength": -5.862646, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.568463, "energy": 42.516537, "activity_lines": [ 1950.053885, 1904.941979, 1852.440127, 1885.018568 ] }, { "date": "2025-07-11", "close": 2108.617589, "volume": 382873, "typical_volume": 440649.5, "trend": 1944.34458, "fair_value": 1451.815215, "relative_strength": -4.341805, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.261312, "energy": 63.973321, "activity_lines": [ 2016.253257, 1946.501418, 1877.606753, 1895.691543 ] }, { "date": "2025-07-18", "close": 2114.562209, "volume": 333375, "typical_volume": 442826.55, "trend": 1944.256593, "fair_value": 1460.926204, "relative_strength": -5.242161, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.955522, "energy": 67.455566, "activity_lines": [ 2067.08557, 1983.92344, 1902.995875, 1906.673326 ] }, { "date": "2025-07-25", "close": 2087.129329, "volume": 410030, "typical_volume": 443589.8, "trend": 1943.190245, "fair_value": 1469.525684, "relative_strength": -6.926984, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.042101, "energy": 70.383663, "activity_lines": [ 2088.532671, 2011.217244, 1925.403972, 1915.890922 ] }, { "date": "2025-08-01", "close": 1904.508998, "volume": 504891, "typical_volume": 438928.45, "trend": 1935.434337, "fair_value": 1476.687585, "relative_strength": -12.768435, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.43747, "energy": 48.304225, "activity_lines": [ 2034.122301, 2002.690917, 1929.336615, 1913.395357 ] }, { "date": "2025-08-08", "close": 1820.358267, "volume": 976024, "typical_volume": 462093.0, "trend": 1927.749328, "fair_value": 1483.026576, "relative_strength": -19.147273, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -6.946324, "energy": 9.827414, "activity_lines": [ 1954.597155, 1977.193592, 1924.747288, 1905.971095 ] }, { "date": "2025-08-15", "close": 1863.39453, "volume": 613442, "typical_volume": 468449.85, "trend": 1917.353584, "fair_value": 1489.666959, "relative_strength": -17.199239, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -11.535612, "energy": 19.544386, "activity_lines": [ 1906.716905, 1959.896711, 1924.356794, 1901.819172 ] }, { "date": "2025-08-22", "close": 1979.538671, "volume": 781747, "typical_volume": 472909.6, "trend": 1909.634819, "fair_value": 1497.216147, "relative_strength": -10.892791, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.409412, "energy": 18.648379, "activity_lines": [ 1913.899573, 1963.444111, 1934.846594, 1905.831113 ] }, { "date": "2025-08-29", "close": 1977.417726, "volume": 788837, "typical_volume": 472079.05, "trend": 1902.518128, "fair_value": 1504.840162, "relative_strength": -10.392572, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.580558, "energy": 22.085626, "activity_lines": [ 1929.376829, 1963.540608, 1943.150321, 1910.204204 ] }, { "date": "2025-09-05", "close": 1918.959656, "volume": 451233, "typical_volume": 479681.5, "trend": 1892.998689, "fair_value": 1511.79278, "relative_strength": -13.512292, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.069945, "energy": 13.898138, "activity_lines": [ 1932.682168, 1950.916569, 1944.321312, 1911.264948 ] }, { "date": "2025-09-12", "close": 1968.337538, "volume": 709602, "typical_volume": 490615.15, "trend": 1887.672831, "fair_value": 1519.186177, "relative_strength": -12.674176, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.476544, "energy": 19.906847, "activity_lines": [ 1951.483424, 1947.808169, 1949.188111, 1916.125519 ] }, { "date": "2025-09-19", "close": 1860.770702, "volume": 1074801, "typical_volume": 526846.5, "trend": 1881.816874, "fair_value": 1526.000708, "relative_strength": -18.803157, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.59887, "energy": 5.583357, "activity_lines": [ 1924.563784, 1927.169669, 1942.865172, 1914.389898 ] }, { "date": "2025-09-26", "close": 1844.324698, "volume": 1017698, "typical_volume": 551031.05, "trend": 1875.387541, "fair_value": 1532.783445, "relative_strength": -18.876298, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.602253, "energy": 10.501849, "activity_lines": [ 1892.337063, 1908.047294, 1934.789483, 1911.971048 ] }, { "date": "2025-10-03", "close": 1756.911693, "volume": 947494, "typical_volume": 580496.45, "trend": 1871.961579, "fair_value": 1538.827425, "relative_strength": -23.226267, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.747178, "energy": 40.375474, "activity_lines": [ 1839.98694, 1877.945054, 1918.329291, 1904.327444 ] }, { "date": "2025-10-10", "close": 1696.16115, "volume": 701860, "typical_volume": 601039.2, "trend": 1868.569958, "fair_value": 1544.327389, "relative_strength": -23.692167, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.717036, "energy": 58.205933, "activity_lines": [ 1782.087037, 1842.801218, 1896.970542, 1892.985481 ] }, { "date": "2025-10-17", "close": 1689.453173, "volume": 655483, "typical_volume": 611841.95, "trend": 1863.505461, "fair_value": 1549.807168, "relative_strength": -25.248734, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.815545, "energy": 64.162849, "activity_lines": [ 1736.804376, 1810.225892, 1875.527462, 1881.42956 ] }, { "date": "2025-10-24", "close": 1769.400689, "volume": 717517, "typical_volume": 631684.95, "trend": 1861.639703, "fair_value": 1556.044905, "relative_strength": -23.016235, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.689728, "energy": 59.623092, "activity_lines": [ 1736.763178, 1794.566572, 1862.420179, 1875.358284 ] }, { "date": "2025-10-31", "close": 1818.848342, "volume": 600822, "typical_volume": 640445.15, "trend": 1870.17191, "fair_value": 1562.520234, "relative_strength": -21.945667, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.331906, "energy": 47.398903, "activity_lines": [ 1759.295865, 1789.606712, 1854.398328, 1872.597551 ] }, { "date": "2025-11-07", "close": 1812.887911, "volume": 365012, "typical_volume": 640904.1, "trend": 1875.64468, "fair_value": 1568.881513, "relative_strength": -19.218661, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.031852, "energy": 34.76001, "activity_lines": [ 1781.540166, 1786.48478, 1845.771199, 1868.901809 ] }, { "date": "2025-11-14", "close": 1839.261322, "volume": 386112, "typical_volume": 635671.5, "trend": 1880.036011, "fair_value": 1575.684186, "relative_strength": -17.319128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.589019, "energy": 19.613509, "activity_lines": [ 1808.843855, 1791.149465, 1839.891448, 1866.554496 ] }, { "date": "2025-11-21", "close": 1862.375434, "volume": 558646, "typical_volume": 648874.95, "trend": 1883.120879, "fair_value": 1582.487199, "relative_strength": -12.932324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.484762, "energy": 21.613996, "activity_lines": [ 1834.312238, 1801.465776, 1836.73342, 1865.415104 ] }, { "date": "2025-11-28", "close": 1873.8378, "volume": 388467, "typical_volume": 649154.65, "trend": 1884.86169, "fair_value": 1589.345272, "relative_strength": -15.867449, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.071453, "energy": 19.429026, "activity_lines": [ 1852.073258, 1815.792738, 1835.70264, 1864.816195 ] }, { "date": "2025-12-05", "close": 1967.565114, "volume": 389710, "typical_volume": 651971.4, "trend": 1889.385894, "fair_value": 1597.039805, "relative_strength": -12.058308, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.158372, "energy": 26.183424, "activity_lines": [ 1894.114242, 1846.923446, 1844.716271, 1870.1519 ] }, { "date": "2025-12-12", "close": 2051.084502, "volume": 449545, "typical_volume": 653947.15, "trend": 1892.981196, "fair_value": 1605.571789, "relative_strength": -6.257485, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.649618, "energy": 46.703957, "activity_lines": [ 1954.08057, 1890.998762, 1862.384115, 1880.584068 ] }, { "date": "2025-12-19", "close": 2130.383018, "volume": 563181, "typical_volume": 656861.65, "trend": 1903.573583, "fair_value": 1614.476466, "relative_strength": -2.833165, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.41898, "energy": 69.225214, "activity_lines": [ 2024.599965, 1944.143394, 1887.775841, 1895.900315 ] }, { "date": "2025-12-26", "close": 2175.774857, "volume": 214107, "typical_volume": 618765.8, "trend": 1914.732076, "fair_value": 1623.626315, "relative_strength": -1.663898, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.313421, "energy": 79.823382, "activity_lines": [ 2090.841859, 1997.646144, 1916.415009, 1913.461688 ] }, { "date": "2026-01-02", "close": 2153.981985, "volume": 270856, "typical_volume": 601636.5, "trend": 1924.918522, "fair_value": 1632.448583, "relative_strength": -0.599892, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.508012, "energy": 89.370851, "activity_lines": [ 2128.926168, 2038.344341, 1941.286205, 1928.897166 ] }, { "date": "2026-01-09", "close": 2170.496272, "volume": 370340, "typical_volume": 581066.15, "trend": 1936.90345, "fair_value": 1641.111397, "relative_strength": -1.679264, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.465521, "energy": 89.349836, "activity_lines": [ 2153.838961, 2075.052749, 1966.346441, 1944.740891 ] }, { "date": "2026-01-16", "close": 2164.668874, "volume": 394021, "typical_volume": 561325.35, "trend": 1946.980116, "fair_value": 1649.944224, "relative_strength": -0.709927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.407405, "energy": 87.204923, "activity_lines": [ 2163.280543, 2104.308031, 1989.942364, 1959.435435 ] }, { "date": "2026-01-23", "close": 2012.208572, "volume": 701847, "typical_volume": 573856.05, "trend": 1949.102368, "fair_value": 1657.974973, "relative_strength": -7.430208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.938078, "energy": 53.385524, "activity_lines": [ 2114.329733, 2099.447241, 1998.126586, 1963.643722 ] }, { "date": "2026-01-30", "close": 2065.104184, "volume": 544162, "typical_volume": 565584.05, "trend": 1948.610827, "fair_value": 1666.290329, "relative_strength": -4.395506, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.723808, "energy": 39.689672, "activity_lines": [ 2090.889091, 2101.05934, 2010.904444, 1971.12771 ] }, { "date": "2026-02-06", "close": 2156.326914, "volume": 494434, "typical_volume": 536565.7, "trend": 1950.201138, "fair_value": 1675.278631, "relative_strength": 2.224811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.850734, "energy": 37.965933, "activity_lines": [ 2105.234069, 2115.571412, 2031.909386, 1984.528748 ] }, { "date": "2026-02-13", "close": 2001.541639, "volume": 602474, "typical_volume": 515804.5, "trend": 1946.433785, "fair_value": 1683.291737, "relative_strength": -3.546563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.285057, "energy": 23.860509, "activity_lines": [ 2067.827628, 2096.804541, 2036.765464, 1987.841039 ] }, { "date": "2026-02-20", "close": 2012.228528, "volume": 358914, "typical_volume": 486375.5, "trend": 1943.937092, "fair_value": 1691.512143, "relative_strength": -3.814986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.709708, "energy": 20.31352, "activity_lines": [ 2045.247125, 2079.362986, 2041.890688, 1992.085861 ] }, { "date": "2026-02-27", "close": 1896.149551, "volume": 569035, "typical_volume": 479734.25, "trend": 1943.658444, "fair_value": 1699.221565, "relative_strength": -8.673322, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.135133, "energy": 13.565365, "activity_lines": [ 1994.13632, 2041.522634, 2034.744978, 1989.002794 ] }, { "date": "2026-03-06", "close": 1890.445569, "volume": 586127, "typical_volume": 476266.45, "trend": 1945.994687, "fair_value": 1707.437875, "relative_strength": -7.465873, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.172371, "energy": 21.781189, "activity_lines": [ 1948.861455, 2006.903985, 2026.103705, 1985.569705 ] }, { "date": "2026-03-13", "close": 1766.176673, "volume": 673078, "typical_volume": 474044.5, "trend": 1942.754092, "fair_value": 1715.535922, "relative_strength": -12.278208, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.112452, "energy": 44.110966, "activity_lines": [ 1873.807533, 1954.878797, 2004.670192, 1973.968543 ] }, { "date": "2026-03-20", "close": 1820.469394, "volume": 526275, "typical_volume": 470317.15, "trend": 1937.451783, "fair_value": 1723.516627, "relative_strength": -7.39163, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.6716, "energy": 54.238973, "activity_lines": [ 1842.8612, 1919.776018, 1988.422768, 1966.079207 ] }, { "date": "2026-03-27", "close": 1833.735398, "volume": 546640, "typical_volume": 479398.55, "trend": 1932.662372, "fair_value": 1729.109231, "relative_strength": -3.248266, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.432118, "energy": 56.032482, "activity_lines": [ 1828.408352, 1893.449365, 1973.431053, 1959.387828 ] }, { "date": "2026-04-03", "close": 1904.620614, "volume": 355003, "typical_volume": 477843.1, "trend": 1932.184404, "fair_value": 1734.993104, "relative_strength": -3.102065, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.140882, "energy": 42.383323, "activity_lines": [ 1849.483451, 1886.027905, 1965.091037, 1957.578682 ] }, { "date": "2026-04-10", "close": 1987.653014, "volume": 369403, "typical_volume": 468380.95, "trend": 1932.828253, "fair_value": 1741.547789, "relative_strength": -2.977027, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.183179, "energy": 9.702779, "activity_lines": [ 1897.671279, 1895.65939, 1964.347634, 1961.157302 ] }, { "date": "2026-04-17", "close": 2028.020426, "volume": 290367, "typical_volume": 463475.95, "trend": 1938.403244, "fair_value": 1747.989588, "relative_strength": -6.374341, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.459452, "energy": 11.236266, "activity_lines": [ 1952.834415, 1914.038608, 1966.852186, 1967.298733 ] }, { "date": "2026-04-24", "close": 1929.90394, "volume": 446031, "typical_volume": 466292.0, "trend": 1941.255885, "fair_value": 1753.982848, "relative_strength": -12.394645, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.780423, "energy": 12.429889, "activity_lines": [ 1957.835805, 1916.91131, 1959.278109, 1966.750391 ] }, { "date": "2026-05-01", "close": 1983.297609, "volume": 304733, "typical_volume": 459051.4, "trend": 1948.802082, "fair_value": 1760.340221, "relative_strength": -10.930327, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.991201, "energy": 15.839822, "activity_lines": [ 1973.339448, 1930.794455, 1956.968481, 1969.46276 ] }, { "date": "2026-05-08", "close": 1949.872872, "volume": 266138, "typical_volume": 444199.25, "trend": 1957.25914, "fair_value": 1765.011354, "relative_strength": -16.497848, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.119633, "energy": 11.009119, "activity_lines": [ 1967.730699, 1939.126392, 1951.798341, 1969.531843 ] }, { "date": "2026-05-15", "close": 1926.357681, "volume": 274289, "typical_volume": 447208.35, "trend": 1965.155957, "fair_value": 1769.089427, "relative_strength": -16.738499, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.208014, "energy": 3.15773, "activity_lines": [ 1951.266735, 1942.206052, 1945.24823, 1967.538201 ] }, { "date": "2026-05-22", "close": 1989.451117, "volume": 318073, "typical_volume": 449569.2, "trend": 1972.490971, "fair_value": 1773.780156, "relative_strength": -14.640875, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.839378, "energy": 7.354523, "activity_lines": [ 1959.920272, 1956.104298, 1945.894718, 1969.10563 ] }, { "date": "2026-05-29", "close": 1990.51, "volume": 295624, "typical_volume": 445833.4, "trend": 1978.213026, "fair_value": 1778.315264, "relative_strength": -16.57148, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.266029, "energy": 6.776906, "activity_lines": [ 1971.498058, 1966.135533, 1947.425534, 1970.268148 ] }, { "date": "2026-06-05", "close": 2075.1, "volume": 346336, "typical_volume": 443449.15, "trend": 1986.953429, "fair_value": 1783.475366, "relative_strength": -8.621115, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.971904, "energy": 29.700333, "activity_lines": [ 2007.232106, 1988.455121, 1957.869617, 1976.518921 ] }, { "date": "2026-06-12", "close": 2108.61, "volume": 412215, "typical_volume": 428967.55, "trend": 1995.931718, "fair_value": 1788.862822, "relative_strength": -8.955119, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.149856, "energy": 49.387278, "activity_lines": [ 2048.015994, 2012.478989, 1971.931647, 1984.367732 ] }, { "date": "2026-06-19", "close": 2071.62, "volume": 529952, "typical_volume": 428257.05, "trend": 2002.906537, "fair_value": 1794.485906, "relative_strength": -12.487156, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.45725, "energy": 48.930175, "activity_lines": [ 2065.887408, 2026.068504, 1982.011765, 1989.250847 ] }, { "date": "2026-06-26", "close": 2078.93, "volume": 424721, "typical_volume": 424771.4, "trend": 2009.742944, "fair_value": 1799.68019, "relative_strength": -7.693893, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.071499, "energy": 50.315676, "activity_lines": [ 2076.511333, 2039.460438, 1992.757046, 1994.155586 ] }, { "date": "2026-07-03", "close": 2082.99, "volume": 341757, "typical_volume": 411735.55, "trend": 2013.59044, "fair_value": 1804.89144, "relative_strength": -7.841306, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.780816, "energy": 47.134955, "activity_lines": [ 2082.523333, 2052.664925, 2004.257551, 1998.881203 ] }, { "date": "2026-07-10", "close": 2092.59, "volume": 396258, "typical_volume": 413602.75, "trend": 2014.973957, "fair_value": 1809.95583, "relative_strength": -8.545852, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.824873, "energy": 32.712323, "activity_lines": [ 2085.57, 2064.831483, 2016.284492, 2003.977949 ] }, { "date": "2026-07-17", "close": 2122.13, "volume": 456566, "typical_volume": 407979.3, "trend": 2014.698856, "fair_value": 1814.907027, "relative_strength": -2.797003, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.829658, "energy": 31.578844, "activity_lines": [ 2097.297333, 2080.381817, 2030.742093, 2010.891242 ] }, { "date": "2026-07-24", "close": 2160.65, "volume": 528182, "typical_volume": 405082.05, "trend": 2014.194694, "fair_value": 1819.70115, "relative_strength": 0.907191, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.336566, "energy": 50.036078, "activity_lines": [ 2120.963333, 2099.803838, 2047.792167, 2020.307445 ] }, { "date": "2026-07-31", "close": 2186.65, "volume": 321350, "typical_volume": 387495.65, "trend": 2015.283628, "fair_value": 1824.403677, "relative_strength": 1.733911, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.066804, "energy": 60.098529, "activity_lines": [ 2147.360667, 2119.693273, 2066.031745, 2031.433593 ] }, { "date": "2026-08-07", "close": 2218.49, "volume": 265072, "typical_volume": 374435.5, "trend": 2016.883419, "fair_value": 1829.312904, "relative_strength": -1.719267, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.191965, "energy": 69.068673, "activity_lines": [ 2177.19, 2141.786364, 2085.301449, 2044.543682 ] } ], "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." } } }