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112.183514 ] }, { "date": "2026-08-07", "close": 116.0, "volume": 4000, "typical_volume": 53161.0, "trend": 110.41677, "fair_value": 116.383387, "relative_strength": -25.98326, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.814628, "energy": 41.510434, "activity_lines": [ 115.484849, 114.765403, 114.176626, 112.566487 ] }, { "date": "2026-08-14", "close": 115.0, "volume": 11175, "typical_volume": 53004.1, "trend": 110.736291, "fair_value": 116.371252, "relative_strength": -28.111107, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.879032, "energy": 38.443915, "activity_lines": [ 115.466667, 114.907091, 114.368588, 112.86218 ] } ], "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." } } }