{ "ticker": { "uuid": "c15851ba-31e2-421f-9a7e-3d37b6734d64", "symbol": "KSM-F225", "name": "KSM Mutual Funds Ltd. - KSM ETF (Stock Market)", "exchange": "TLV", "country": "IL", "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": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -66.772, "architecture_energy": 67.206, "architecture_maturity": 95.0, "architecture_confidence": 92.983, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.88, "rotation_up": 29.74, "upward_expansion": 12.0, "deceleration": 60.84, "rotation_down": 56.02, "downward_expansion": 85.33 }, "activity_lines": [ 118.68, 119.518182, 3019.821429, 4774.805376 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 122.6, "trend_reference": 6726.366667, "distance_from_trend": -0.981773, "trend_direction": "Weakening", "fair_value": 7699.412162, "distance_from_fair_value": -0.984077, "fair_value_direction": "Weakening", "relative_strength": -98.622201, "relative_strength_direction": "Weakening", "price_momentum": -0.98669, "excess_performance": -1.01559, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.981773, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.322603, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.984077, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.380215, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.986222, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.916728, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.98669, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.989559, "read": "Supply-led" } ], "volume": { "latest": 30102, "relative_activity": 2.218611, "balance": 0.989559, "dry_up": 2.074963, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 8.877525, "annualized_volatility": 6.38779, "from_high_reference": -0.990231, "from_low_reference": 0.1055 }, "levels": { "trend_reference": 6726.366667, "fair_value_reference": 7699.412162, "structural_low": 110.9, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.026362, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.001829, "regime_survival": 0.6, "best_return": 0.173141, "worst_return": -0.048107, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.358087, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.454057, "regime_survival": 0.5, "best_return": 0.270429, "worst_return": -0.986604, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.393078, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.103856, "regime_survival": 0.0, "best_return": 0.393078, "worst_return": 0.393078, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.464886, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.304308, "regime_survival": 0.0, "best_return": 0.464886, "worst_return": 0.464886, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.157978, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.084786, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-28", "tenure": "Established", "return": 0.072123, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": 0.000612, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-01-30", "tenure": "Developing", "return": 0.002355, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.027033, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.055479, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.018424, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": 0.117647, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.055743, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.033123, "active": true } ], "chart_path": [ { "date": "2023-10-13", "close": 6121.0, "volume": 2379, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 6030.0, "volume": 476, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 5787.0, "volume": 2938, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 6019.0, "volume": 3654, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 6271.0, "volume": 3253, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 6504.0, "volume": 7426, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 6592.0, "volume": 12069, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 6626.0, "volume": 7745, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 6504.0, "volume": 671, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 6807.0, "volume": 29173, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 6835.0, "volume": 2793, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 6885.0, "volume": 5868, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 6576.0, "volume": 3281, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 6786.0, "volume": 4163, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 6889.0, "volume": 1755, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 7275.0, "volume": 3501, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 7095.0, "volume": 2774, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 7305.0, "volume": 7720, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 7246.0, "volume": 4564, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 7251.0, "volume": 13246, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 7293.0, "volume": 8647, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 7327.0, "volume": 1785, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 7382.0, "volume": 6189, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 7467.0, "volume": 4425, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 7371.0, "volume": 3978, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 7372.0, "volume": 7457, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 7242.0, "volume": 7679, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 7025.0, "volume": 4231, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 6947.0, "volume": 4991, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 6903.0, "volume": 1582, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 7209.0, "volume": 5965, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 7520.0, "volume": 1344, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 7549.0, "volume": 8397, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 7483.0, "volume": 2174, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 7608.0, "volume": 7845, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 7974.0, "volume": 14890, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 8195.0, "volume": 13980, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 7945.0, "volume": 1245, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 8163.0, "volume": 8944, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 8336.0, "volume": 6395, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 8223.0, "volume": 3050, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 7432.0, "volume": 13280, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 7670.0, "volume": 18512, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 7037.0, "volume": 36567, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 7545.0, "volume": 9009, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 7911.0, "volume": 1691, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 7706.0, "volume": 13200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 7261.0, "volume": 1737, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 7601.0, "volume": 1694, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 7759.0, "volume": 3778, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 7941.0, "volume": 10706, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 7860.0, "volume": 7329, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 7965.0, "volume": 10234, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 8119.0, "volume": 252, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 8025.0, "volume": 8055, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 7802.0, "volume": 11335, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 8143.0, "volume": 1335, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 8172.0, "volume": 2522, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 7997.0, "volume": 5342, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 8093.0, "volume": 6992, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 8331.0, "volume": 3645, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 8273.0, "volume": 3096, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 8110.0, "volume": 13582, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 8300.0, "volume": 14476, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 8124.0, "volume": 2597, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 8093.0, "volume": 9191, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 8105.0, "volume": 6956, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 8302.0, "volume": 7942, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 7999.0, "volume": 2560, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 8107.0, "volume": 8705, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 8155.0, "volume": 804, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 8365.0, "volume": 1934, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 7906.0, "volume": 5019, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 7485.0, "volume": 14597, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 7231.0, "volume": 15189, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 7349.0, "volume": 9847, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 7448.0, "volume": 2931, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 6853.0, "volume": 19762, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 6711.0, "volume": 34691, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 6963.0, "volume": 4330, "typical_volume": 9092.7, "trend": 7877.566667, "fair_value": 7452.3375, "relative_strength": -21.06269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.154939, "energy": 79.65669, "activity_lines": [ 6964.2, 7196.018182, 7563.038095, 7725.993548 ] }, { "date": "2025-04-25", "close": 6934.0, "volume": 56961, "typical_volume": 11758.5, "trend": 7844.0, "fair_value": 7445.938272, "relative_strength": -21.545174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.496299, "energy": 65.844436, "activity_lines": [ 6920.6, 7102.818182, 7479.561905, 7665.11828 ] }, { "date": "2025-05-02", "close": 7096.0, "volume": 1542, "typical_volume": 11680.8, "trend": 7818.533333, "fair_value": 7441.670732, "relative_strength": -19.739803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.917568, "energy": 58.496039, "activity_lines": [ 6958.666667, 7061.272727, 7418.166667, 7616.860215 ] }, { "date": "2025-05-09", "close": 7482.0, "volume": 2478, "typical_volume": 11125.6, "trend": 7802.433333, "fair_value": 7442.156627, "relative_strength": -18.829882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.011049, "energy": 38.834775, "activity_lines": [ 7148.866667, 7112.981818, 7399.138095, 7595.148387 ] }, { "date": "2025-05-16", "close": 7966.0, "volume": 6950, "typical_volume": 10749.3, "trend": 7797.333333, "fair_value": 7448.392857, "relative_strength": -12.995775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.183351, "energy": 18.354344, "activity_lines": [ 7458.466667, 7260.4, 7429.195238, 7605.701075 ] }, { "date": "2025-05-23", "close": 7835.0, "volume": 7888, "typical_volume": 11013.85, "trend": 7791.0, "fair_value": 7452.941176, "relative_strength": -12.857943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.57386, "energy": 24.147274, "activity_lines": [ 7640.733333, 7375.254545, 7448.366667, 7608.131183 ] }, { "date": "2025-05-30", "close": 8063.0, "volume": 8815, "typical_volume": 10995.05, "trend": 7799.7, "fair_value": 7460.034884, "relative_strength": -13.537783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.142133, "energy": 40.600299, "activity_lines": [ 7840.866667, 7520.581818, 7490.628571, 7625.67957 ] }, { "date": "2025-06-06", "close": 8091.0, "volume": 1848, "typical_volume": 10739.65, "trend": 7797.966667, "fair_value": 7467.287356, "relative_strength": -13.853876, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.470097, "energy": 44.875431, "activity_lines": [ 7975.066667, 7658.018182, 7535.7, 7644.473118 ] }, { "date": "2025-06-13", "close": 8176.0, "volume": 9158, "typical_volume": 10800.45, "trend": 7798.1, "fair_value": 7475.340909, "relative_strength": -11.142694, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.980813, "energy": 63.32073, "activity_lines": [ 8071.266667, 7799.218182, 7588.933333, 7668.862366 ] }, { "date": "2025-06-20", "close": 8185.0, "volume": 3953, "typical_volume": 10870.1, "trend": 7804.366667, "fair_value": 7483.314607, "relative_strength": -14.835906, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.062684, "energy": 65.180307, "activity_lines": [ 8124.2, 7918.0, 7643.62381, 7693.823656 ] }, { "date": "2025-06-27", "close": 8543.0, "volume": 1428, "typical_volume": 10506.25, "trend": 7819.366667, "fair_value": 7495.088889, "relative_strength": -12.731388, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.748132, "energy": 69.942337, "activity_lines": [ 8281.866667, 8075.072727, 7731.52381, 7741.477419 ] }, { "date": "2025-07-04", "close": 8726.0, "volume": 9440, "typical_volume": 10938.05, "trend": 7832.533333, "fair_value": 7508.615385, "relative_strength": -13.909328, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.965023, "energy": 81.330115, "activity_lines": [ 8453.333333, 8236.690909, 7834.77619, 7799.969892 ] }, { "date": "2025-07-11", "close": 8777.0, "volume": 1987, "typical_volume": 10940.7, "trend": 7849.333333, "fair_value": 7522.402174, "relative_strength": -13.635393, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.574428, "energy": 94.089662, "activity_lines": [ 8597.6, 8375.0, 7940.166667, 7860.903226 ] }, { "date": "2025-07-18", "close": 8846.0, "volume": 7442, "typical_volume": 11061.85, "trend": 7873.866667, "fair_value": 7536.634409, "relative_strength": -10.99786, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.956676, "energy": 93.187614, "activity_lines": [ 8719.133333, 8495.290909, 8050.166667, 7925.204301 ] }, { "date": "2025-07-25", "close": 8874.0, "volume": 2694, "typical_volume": 10466.7, "trend": 7893.0, "fair_value": 7550.861702, "relative_strength": -11.155678, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.691367, "energy": 91.867209, "activity_lines": [ 8805.333333, 8595.872727, 8158.357143, 7989.729032 ] }, { "date": "2025-08-01", "close": 9133.0, "volume": 12377, "typical_volume": 10326.1, "trend": 7926.633333, "fair_value": 7567.515789, "relative_strength": -7.498242, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.833045, "energy": 95.638089, "activity_lines": [ 8931.933333, 8727.036364, 8284.6, 8069.729032 ] }, { "date": "2025-08-08", "close": 9014.0, "volume": 8721, "typical_volume": 10269.8, "trend": 7957.333333, "fair_value": 7582.583333, "relative_strength": -6.001099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.619697, "energy": 89.462915, "activity_lines": [ 8979.533333, 8812.963636, 8390.452381, 8139.88172 ] }, { "date": "2025-08-15", "close": 9116.0, "volume": 7231, "typical_volume": 10484.8, "trend": 7991.033333, "fair_value": 7598.391753, "relative_strength": -5.612904, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.92166, "energy": 91.641524, "activity_lines": [ 9041.933333, 8900.145455, 8498.090476, 8214.634409 ] }, { "date": "2025-08-22", "close": 8805.0, "volume": 3188, "typical_volume": 9656.1, "trend": 8007.8, "fair_value": 7610.704082, "relative_strength": -9.29753, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.950126, "energy": 67.357824, "activity_lines": [ 8978.066667, 8912.145455, 8568.166667, 8267.148387 ] }, { "date": "2025-08-29", "close": 8967.0, "volume": 103413, "typical_volume": 13092.2, "trend": 8040.066667, "fair_value": 7624.40404, "relative_strength": -9.425159, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.80904, "energy": 64.968322, "activity_lines": [ 8970.933333, 8942.163636, 8644.37619, 8329.032258 ] }, { "date": "2025-09-05", "close": 8837.0, "volume": 1045, "typical_volume": 12927.95, "trend": 8064.4, "fair_value": 7636.53, "relative_strength": -9.686947, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.577756, "energy": 56.992451, "activity_lines": [ 8914.266667, 8934.327273, 8697.461905, 8380.447312 ] }, { "date": "2025-09-12", "close": 9200.0, "volume": 13136, "typical_volume": 10736.7, "trend": 8099.233333, "fair_value": 7652.009901, "relative_strength": -6.962033, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.729088, "energy": 64.675657, "activity_lines": [ 8998.333333, 8987.145455, 8776.195238, 8453.711828 ] }, { "date": "2025-09-19", "close": 9290.0, "volume": 3790, "typical_volume": 10849.1, "trend": 8130.066667, "fair_value": 7668.068627, "relative_strength": -3.363866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.482294, "energy": 68.642963, "activity_lines": [ 9100.0, 9047.709091, 8852.709524, 8530.535484 ] }, { "date": "2025-09-26", "close": 9314.0, "volume": 2649, "typical_volume": 10857.65, "trend": 8177.0, "fair_value": 7684.048544, "relative_strength": -3.106532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.249916, "energy": 69.148987, "activity_lines": [ 9198.066667, 9103.309091, 8921.061905, 8606.91828 ] }, { "date": "2025-10-03", "close": 9494.0, "volume": 3514, "typical_volume": 10685.85, "trend": 8243.966667, "fair_value": 7701.451923, "relative_strength": -5.868783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.073278, "energy": 82.055323, "activity_lines": [ 9322.2, 9183.127273, 8997.833333, 8691.886022 ] }, { "date": "2025-10-10", "close": 9843.0, "volume": 255, "typical_volume": 10304.2, "trend": 8331.033333, "fair_value": 7721.847619, "relative_strength": -4.203296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.252451, "energy": 94.306127, "activity_lines": [ 9527.533333, 9315.127273, 9100.566667, 8795.049462 ] }, { "date": "2025-10-17", "close": 9700.0, "volume": 3223, "typical_volume": 10024.6, "trend": 8409.4, "fair_value": 7740.509434, "relative_strength": -3.235498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.395501, "energy": 86.065635, "activity_lines": [ 9618.133333, 9408.218182, 9180.119048, 8883.369892 ] }, { "date": "2025-10-24", "close": 9710.0, "volume": 1792, "typical_volume": 10021.8, "trend": 8484.8, "fair_value": 7758.915888, "relative_strength": -2.364392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.595458, "energy": 74.357545, "activity_lines": [ 9678.733333, 9490.654545, 9252.828571, 8967.27957 ] }, { "date": "2025-10-31", "close": 10210.0, "volume": 12981, "typical_volume": 10212.95, "trend": 8596.7, "fair_value": 7781.611111, "relative_strength": 0.593945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.96183, "energy": 80.721402, "activity_lines": [ 9878.0, 9653.2, 9365.447619, 9078.582796 ] }, { "date": "2025-11-07", "close": 9950.0, "volume": 2475, "typical_volume": 10139.05, "trend": 8704.666667, "fair_value": 7801.504587, "relative_strength": -3.403628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.044661, "energy": 68.577007, "activity_lines": [ 9930.866667, 9742.927273, 9443.619048, 9165.892473 ] }, { "date": "2025-11-14", "close": 9922.0, "volume": 4243, "typical_volume": 10279.8, "trend": 8803.3, "fair_value": 7820.781818, "relative_strength": -6.014278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.783942, "energy": 67.205665, "activity_lines": [ 9944.0, 9809.690909, 9510.719048, 9244.430108 ] }, { "date": "2025-11-21", "close": 9400.0, "volume": 8489, "typical_volume": 10232.25, "trend": 8885.5, "fair_value": 7835.009009, "relative_strength": -8.549946, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.18784, "energy": 59.006467, "activity_lines": [ 9777.866667, 9761.818182, 9521.538095, 9282.926882 ] }, { "date": "2025-11-28", "close": 9484.0, "volume": 1138, "typical_volume": 10189.8, "trend": 8965.1, "fair_value": 7849.732143, "relative_strength": -8.135241, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.292468, "energy": 36.374716, "activity_lines": [ 9659.733333, 9725.581818, 9537.147619, 9321.539785 ] }, { "date": "2025-12-05", "close": 9800.0, "volume": 5770, "typical_volume": 10106.2, "trend": 9042.366667, "fair_value": 7866.99115, "relative_strength": -7.746329, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.673207, "energy": 30.247388, "activity_lines": [ 9662.0, 9743.272727, 9579.485714, 9375.404301 ] }, { "date": "2025-12-12", "close": 9879.0, "volume": 7202, "typical_volume": 10331.6, "trend": 9106.133333, "fair_value": 7884.640351, "relative_strength": -9.73721, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.026269, "energy": 30.092378, "activity_lines": [ 9717.933333, 9766.490909, 9624.804762, 9429.380645 ] }, { "date": "2025-12-19", "close": 9520.0, "volume": 72134, "typical_volume": 13319.45, "trend": 9162.3, "fair_value": 7898.86087, "relative_strength": -13.266438, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.116017, "energy": 24.750389, "activity_lines": [ 9658.933333, 9717.436364, 9631.147619, 9456.08172 ] }, { "date": "2025-12-26", "close": 9806.0, "volume": 37809, "typical_volume": 14773.85, "trend": 9220.4, "fair_value": 7915.301724, "relative_strength": -8.76676, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.224768, "energy": 32.697935, "activity_lines": [ 9722.066667, 9726.254545, 9662.885714, 9497.610753 ] }, { "date": "2026-01-02", "close": 9767.0, "volume": 4262, "typical_volume": 14625.4, "trend": 9276.266667, "fair_value": 7931.128205, "relative_strength": -10.975431, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.285566, "energy": 33.799291, "activity_lines": [ 9745.133333, 9726.054545, 9687.138095, 9532.875269 ] }, { "date": "2026-01-09", "close": 9780.0, "volume": 12132, "typical_volume": 15072.6, "trend": 9329.733333, "fair_value": 7946.79661, "relative_strength": -14.184639, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.225568, "energy": 31.031841, "activity_lines": [ 9753.666667, 9727.181818, 9709.528571, 9565.374194 ] }, { "date": "2026-01-16", "close": 9760.0, "volume": 10607, "typical_volume": 10432.3, "trend": 9382.233333, "fair_value": 7962.033613, "relative_strength": -16.411877, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.178698, "energy": 33.740558, "activity_lines": [ 9756.866667, 9732.490909, 9725.371429, 9593.133333 ] }, { "date": "2026-01-23", "close": 9750.0, "volume": 3462, "typical_volume": 10553.15, "trend": 9422.466667, "fair_value": 7976.933333, "relative_strength": -16.33967, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.454319, "energy": 28.953193, "activity_lines": [ 9764.666667, 9739.436364, 9736.485714, 9616.860215 ] }, { "date": "2026-01-30", "close": 9790.0, "volume": 6738, "typical_volume": 10233.25, "trend": 9457.933333, "fair_value": 7991.917355, "relative_strength": -15.899519, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.629295, "energy": 29.674749, "activity_lines": [ 9770.466667, 9756.781818, 9747.061905, 9640.572043 ] }, { "date": "2026-02-06", "close": 9211.0, "volume": 22885, "typical_volume": 11188.0, "trend": 9472.4, "fair_value": 8001.909836, "relative_strength": -21.315577, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.181717, "energy": 11.369248, "activity_lines": [ 9584.333333, 9661.763636, 9699.685714, 9624.64086 ] }, { "date": "2026-02-13", "close": 9585.0, "volume": 28052, "typical_volume": 12458.15, "trend": 9497.033333, "fair_value": 8014.780488, "relative_strength": -19.930396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.765704, "energy": 15.581726, "activity_lines": [ 9559.933333, 9639.709091, 9688.304762, 9631.905376 ] }, { "date": "2026-02-20", "close": 9443.0, "volume": 9678, "typical_volume": 12766.35, "trend": 9516.0, "fair_value": 8026.298387, "relative_strength": -21.69559, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.97944, "energy": 22.152279, "activity_lines": [ 9501.2, 9595.745455, 9662.109524, 9628.419355 ] }, { "date": "2026-02-27", "close": 9460.0, "volume": 16805, "typical_volume": 13593.85, "trend": 9526.9, "fair_value": 8037.768, "relative_strength": -19.086361, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.853012, "energy": 27.60962, "activity_lines": [ 9469.266667, 9562.8, 9637.77619, 9624.806452 ] }, { "date": "2026-03-06", "close": 9445.0, "volume": 12438, "typical_volume": 14054.6, "trend": 9541.266667, "fair_value": 8048.936508, "relative_strength": -22.995505, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.155253, "energy": 29.733356, "activity_lines": [ 9451.666667, 9528.218182, 9613.838095, 9619.522581 ] }, { "date": "2026-03-13", "close": 9185.0, "volume": 13413, "typical_volume": 14635.65, "trend": 9543.566667, "fair_value": 8057.88189, "relative_strength": -21.539759, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.051748, "energy": 46.400572, "activity_lines": [ 9370.4, 9452.927273, 9566.352381, 9596.537634 ] }, { "date": "2026-03-20", "close": 9188.0, "volume": 18275, "typical_volume": 14900.35, "trend": 9556.333333, "fair_value": 8066.710938, "relative_strength": -23.569949, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.570549, "energy": 52.529688, "activity_lines": [ 9291.866667, 9388.763636, 9521.652381, 9573.597849 ] }, { "date": "2026-03-27", "close": 8921.0, "volume": 23732, "typical_volume": 15963.2, "trend": 9554.8, "fair_value": 8073.333333, "relative_strength": -21.461655, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.429771, "energy": 76.56741, "activity_lines": [ 9150.8, 9286.818182, 9456.390476, 9532.608602 ] }, { "date": "2026-04-03", "close": 9010.0, "volume": 5575, "typical_volume": 16029.8, "trend": 9560.566667, "fair_value": 8080.538462, "relative_strength": -22.015992, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.859642, "energy": 73.707873, "activity_lines": [ 9074.2, 9216.309091, 9404.504762, 9497.460215 ] }, { "date": "2026-04-10", "close": 9176.0, "volume": 301, "typical_volume": 15620.4, "trend": 9559.766667, "fair_value": 8088.900763, "relative_strength": -24.744846, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.40148, "energy": 65.330459, "activity_lines": [ 9082.933333, 9189.436364, 9372.771429, 9472.649462 ] }, { "date": "2026-04-17", "close": 10200.0, "volume": 5029, "typical_volume": 15814.95, "trend": 9590.1, "fair_value": 8104.893939, "relative_strength": -15.360942, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -7.516412, "energy": 6.435998, "activity_lines": [ 9450.933333, 9359.909091, 9439.628571, 9513.954839 ] }, { "date": "2026-04-24", "close": 10510.0, "volume": 5296, "typical_volume": 15791.25, "trend": 9629.966667, "fair_value": 8122.977444, "relative_strength": -11.690057, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.973457, "energy": 38.579141, "activity_lines": [ 9854.6, 9568.763636, 9532.6, 9573.303226 ] }, { "date": "2026-05-01", "close": 10570.0, "volume": 47455, "typical_volume": 17803.9, "trend": 9665.833333, "fair_value": 8141.238806, "relative_strength": -12.176072, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.69492, "energy": 55.558283, "activity_lines": [ 10190.133333, 9771.709091, 9627.904762, 9633.950538 ] }, { "date": "2026-05-08", "close": 11400.0, "volume": 15710, "typical_volume": 14982.7, "trend": 9717.733333, "fair_value": 8165.377778, "relative_strength": -6.949419, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.062158, "energy": 96.535693, "activity_lines": [ 10692.4, 10105.072727, 9798.966667, 9745.832258 ] }, { "date": "2026-05-15", "close": 11840.0, "volume": 5959, "typical_volume": 13390.2, "trend": 9789.066667, "fair_value": 8192.397059, "relative_strength": -0.250638, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.588112, "energy": 97.946243, "activity_lines": [ 11182.0, 10483.163636, 10002.980952, 9882.752688 ] }, { "date": "2026-05-22", "close": 11640.0, "volume": 8247, "typical_volume": 13589.45, "trend": 9853.4, "fair_value": 8217.562044, "relative_strength": -1.881274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.068265, "energy": 93.581719, "activity_lines": [ 11427.333333, 10781.345455, 10178.261905, 10002.167742 ] }, { "date": "2026-05-29", "close": 12500.0, "volume": 24393, "typical_volume": 14202.5, "trend": 9929.733333, "fair_value": 8248.594203, "relative_strength": 4.02219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.582786, "energy": 97.987125, "activity_lines": [ 11863.333333, 11191.254545, 10426.528571, 10172.916129 ] }, { "date": "2026-06-05", "close": 126.8, "volume": 157, "typical_volume": 13680.0, "trend": 9602.293333, "fair_value": 8190.164029, "relative_strength": -98.874809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.617746, "energy": 55.179602, "activity_lines": [ 8042.266667, 9291.272727, 9483.442857, 9540.468817 ] }, { "date": "2026-06-12", "close": 121.4, "volume": 1861, "typical_volume": 13599.95, "trend": 9275.606667, "fair_value": 8132.53, "relative_strength": -98.917808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.852382, "energy": 75.854859, "activity_lines": [ 4915.613333, 7550.203636, 8585.715238, 8928.79828 ] }, { "date": "2026-06-19", "close": 125.1, "volume": 5933, "typical_volume": 13559.7, "trend": 8966.443333, "fair_value": 8075.739716, "relative_strength": -98.805772, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.10656, "energy": 95.24002, "activity_lines": [ 2542.1, 5971.418182, 7734.190476, 8338.443011 ] }, { "date": "2026-06-26", "close": 120.1, "volume": 561, "typical_volume": 12443.5, "trend": 8654.313333, "fair_value": 8019.714085, "relative_strength": -98.793833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.092644, "energy": 92.625494, "activity_lines": [ 947.913333, 4556.285455, 6928.212857, 7767.711183 ] }, { "date": "2026-07-03", "close": 120.7, "volume": 94, "typical_volume": 11045.6, "trend": 8331.67, "fair_value": 7964.476224, "relative_strength": -98.789049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.354337, "energy": 88.570269, "activity_lines": [ 121.92, 3324.532727, 6165.582381, 7217.155484 ] }, { "date": "2026-07-10", "close": 122.5, "volume": 8444, "typical_volume": 10983.9, "trend": 8006.453333, "fair_value": 7910.018056, "relative_strength": -98.721327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.653411, "energy": 89.001056, "activity_lines": [ 121.813333, 2282.003636, 5448.191429, 6687.531613 ] }, { "date": "2026-07-17", "close": 114.2, "volume": 14753, "typical_volume": 10881.3, "trend": 7692.926667, "fair_value": 7856.253793, "relative_strength": -98.804075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.728388, "energy": 87.716345, "activity_lines": [ 119.226667, 1427.92, 4774.393333, 6178.353978 ] }, { "date": "2026-07-24", "close": 118.1, "volume": 8764, "typical_volume": 10697.6, "trend": 7369.996667, "fair_value": 7803.25274, "relative_strength": -98.766195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.52054, "energy": 68.665721, "activity_lines": [ 118.42, 779.741818, 4145.470476, 5689.655484 ] }, { "date": "2026-07-31", "close": 115.5, "volume": 58993, "typical_volume": 12976.6, "trend": 7048.28, "fair_value": 7750.955102, "relative_strength": -98.730682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.317284, "energy": 68.109492, "activity_lines": [ 117.213333, 344.216364, 3560.71381, 5221.623441 ] }, { "date": "2026-08-07", "close": 122.6, "volume": 30102, "typical_volume": 13567.95, "trend": 6726.366667, "fair_value": 7699.412162, "relative_strength": -98.622201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.771858, "energy": 67.205976, "activity_lines": [ 118.68, 119.518182, 3019.821429, 4774.805376 ] } ], "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." } } }