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"gate": "up", "direction": 47.308676, "energy": 18.651724, "activity_lines": [ 12.179553, 12.154338, 12.150912, 12.148697 ] }, { "date": "2026-07-24", "close": 12.62, "volume": 1295507, "typical_volume": 2076379.85, "trend": 12.08627, "fair_value": 10.168446, "relative_strength": -17.825874, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.763343, "energy": 42.712228, "activity_lines": [ 12.348376, 12.232137, 12.196625, 12.186663 ] }, { "date": "2026-07-31", "close": 13.05, "volume": 2040344, "typical_volume": 2001127.0, "trend": 12.154061, "fair_value": 10.196696, "relative_strength": -13.587909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.669268, "energy": 73.918862, "activity_lines": [ 12.623812, 12.384481, 12.28138, 12.248839 ] }, { "date": "2026-08-07", "close": 13.4, "volume": 2950178, "typical_volume": 2048720.9, "trend": 12.233517, "fair_value": 10.227797, "relative_strength": -13.101548, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.018267, "energy": 87.878133, "activity_lines": [ 12.930345, 12.587189, 12.393869, 12.329222 ] } ], "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." } } }