{ "ticker": { "uuid": "d8bf29ca-c0b1-4b11-8bc5-0d196dc69bf6", "symbol": "7220", "name": "Musashi Seimitsu Industry Co., Ltd.", "exchange": "JPX", "country": "JP", "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": "2026-08-21", "benchmark": "^N225", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 54.06, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -21.604, "architecture_energy": 23.431, "architecture_maturity": 26.37, "architecture_confidence": 78.113, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 40.05, "rotation_up": 22.28, "upward_expansion": 20.68, "deceleration": 66.23, "rotation_down": 50.69, "downward_expansion": 39.02 }, "activity_lines": [ 3367.333333, 3414.636364, 4212.642857, 4170.875252 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 3300.0, "trend_reference": 3919.739925, "distance_from_trend": -0.158107, "trend_direction": "Improving", "fair_value": 2649.418117, "distance_from_fair_value": 0.245557, "fair_value_direction": "Weakening", "relative_strength": -20.939402, "relative_strength_direction": "Weakening", "price_momentum": 0.399521, "excess_performance": 0.237787, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.158107, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.078773, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.245557, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.056233, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.209394, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.552814, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.399521, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.62594, "read": "Demand-led" } ], "volume": { "latest": 3399000, "relative_activity": 0.54039, "balance": 1.62594, "dry_up": 0.824298, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.334033, "annualized_volatility": 1.441831, "from_high_reference": -0.651163, "from_low_reference": 0.500844 }, "levels": { "trend_reference": 3919.739925, "fair_value_reference": 2649.418117, "structural_low": 2328.101727, "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": -0.048182, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.035925, "regime_survival": 0.4, "best_return": 0.239884, "worst_return": -0.246405, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.052924, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.074006, "regime_survival": 0.0, "best_return": 0.086579, "worst_return": -0.084829, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.334038, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.125823, "regime_survival": 0.0, "best_return": 2.306101, "worst_return": -0.196276, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.035932, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.236823, "regime_survival": 0.0, "best_return": 0.056041, "worst_return": -0.127904, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": -0.179153, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-25", "tenure": "Developing", "return": -0.150572, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-30", "tenure": "Developing", "return": 0.126278, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.16807, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-07-11", "end": "2025-08-08", "tenure": "Developing", "return": -0.028846, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-10-17", "tenure": "Developing", "return": -0.063953, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.183511, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-26", "tenure": "Developing", "return": -0.102921, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-03-06", "tenure": "Developing", "return": 0.110415, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-17", "tenure": "Developing", "return": 0.088957, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": -0.114583, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-06-26", "tenure": "Developing", "return": -0.26107, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.266667, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-21", "tenure": "New", "return": 0.023256, "active": true } ], "chart_path": [ { "date": "2023-09-01", "close": 1611.028076, "volume": 1085000, "typical_volume": 1198900.0, "trend": 1657.591549, "fair_value": 1595.014708, "relative_strength": -12.179521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.156206, "energy": 23.201427, "activity_lines": [ 1614.362866, 1622.061812, 1637.462968, 1647.65094 ] }, { "date": "2023-09-08", "close": 1596.871582, "volume": 1226900, "typical_volume": 1200505.0, "trend": 1656.637069, "fair_value": 1598.857972, "relative_strength": -12.419844, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.851556, "energy": 38.272651, "activity_lines": [ 1607.693522, 1616.141761, 1632.087932, 1643.733523 ] }, { "date": "2023-09-15", "close": 1594.040283, "volume": 1369300, "typical_volume": 1197350.0, "trend": 1652.647538, "fair_value": 1602.963035, "relative_strength": -14.744816, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.015255, "energy": 37.690678, "activity_lines": [ 1599.702897, 1610.92526, 1626.753347, 1639.695021 ] }, { "date": "2023-09-22", "close": 1546.851318, "volume": 1328000, "typical_volume": 1249545.0, "trend": 1647.898421, "fair_value": 1607.234088, "relative_strength": -14.088446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.558923, "energy": 46.938379, "activity_lines": [ 1581.959871, 1598.295796, 1617.49983, 1632.869458 ] }, { "date": "2023-09-29", "close": 1547.812744, "volume": 1697200, "typical_volume": 1287410.0, "trend": 1644.244995, "fair_value": 1610.926525, "relative_strength": -12.330838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.732159, "energy": 51.725075, "activity_lines": [ 1567.557405, 1586.699119, 1609.27716, 1626.412318 ] }, { "date": "2023-10-06", "close": 1438.275146, "volume": 1854400, "typical_volume": 1311320.0, "trend": 1635.250997, "fair_value": 1613.222087, "relative_strength": -15.943665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.094582, "energy": 69.82321, "activity_lines": [ 1520.542187, 1557.142385, 1591.404241, 1613.12394 ] }, { "date": "2023-10-13", "close": 1464.94519, "volume": 793500, "typical_volume": 1283910.0, "trend": 1631.61958, "fair_value": 1616.124958, "relative_strength": -17.550804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.396416, "energy": 72.022213, "activity_lines": [ 1493.933846, 1536.073344, 1577.262485, 1602.136469 ] }, { "date": "2023-10-20", "close": 1392.555298, "volume": 953300, "typical_volume": 1268670.0, "trend": 1623.917126, "fair_value": 1618.15041, "relative_strength": -18.639494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.865058, "energy": 81.268258, "activity_lines": [ 1451.990633, 1504.138208, 1557.088371, 1586.712967 ] }, { "date": "2023-10-27", "close": 1399.222778, "volume": 1058400, "typical_volume": 1255455.0, "trend": 1611.823458, "fair_value": 1620.878866, "relative_strength": -17.200451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.335873, "energy": 81.848713, "activity_lines": [ 1425.702246, 1478.708864, 1538.70645, 1572.216557 ] }, { "date": "2023-11-03", "close": 1427.797607, "volume": 1407600, "typical_volume": 1240235.0, "trend": 1604.520321, "fair_value": 1622.711106, "relative_strength": -17.623586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.11358, "energy": 75.099952, "activity_lines": [ 1418.780704, 1461.982759, 1524.023081, 1560.343922 ] }, { "date": "2023-11-10", "close": 1590.675171, "volume": 3571700, "typical_volume": 1337745.0, "trend": 1602.174544, "fair_value": 1624.869756, "relative_strength": -9.679166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.148045, "energy": 36.61846, "activity_lines": [ 1474.152694, 1478.116426, 1526.191782, 1559.450686 ] }, { "date": "2023-11-17", "close": 1544.002686, "volume": 1273800, "typical_volume": 1334580.0, "trend": 1598.241561, "fair_value": 1626.545498, "relative_strength": -14.590586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.34903, "energy": 22.138057, "activity_lines": [ 1503.807186, 1486.13424, 1524.22363, 1555.697663 ] }, { "date": "2023-11-24", "close": 1531.619995, "volume": 1282800, "typical_volume": 1345355.0, "trend": 1592.134098, "fair_value": 1627.251945, "relative_strength": -14.983769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.563122, "energy": 21.591262, "activity_lines": [ 1524.063615, 1492.861907, 1521.647017, 1551.399498 ] }, { "date": "2023-12-01", "close": 1532.572754, "volume": 1095200, "typical_volume": 1347490.0, "trend": 1585.083162, "fair_value": 1627.556857, "relative_strength": -14.071237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.032816, "energy": 22.638578, "activity_lines": [ 1535.36665, 1500.897718, 1519.763986, 1547.55683 ] }, { "date": "2023-12-08", "close": 1417.320313, "volume": 1414500, "typical_volume": 1379970.0, "trend": 1575.260091, "fair_value": 1627.570802, "relative_strength": -17.361797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.677329, "energy": 20.832935, "activity_lines": [ 1499.362207, 1488.23815, 1507.197234, 1536.733421 ] }, { "date": "2023-12-15", "close": 1345.882568, "volume": 1408400, "typical_volume": 1400205.0, "trend": 1563.842236, "fair_value": 1626.834001, "relative_strength": -22.64312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.528928, "energy": 40.428952, "activity_lines": [ 1440.243669, 1464.962491, 1488.960532, 1521.934871 ] }, { "date": "2023-12-22", "close": 1340.16748, "volume": 1446400, "typical_volume": 1397495.0, "trend": 1553.649552, "fair_value": 1626.026117, "relative_strength": -23.012504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.266953, "energy": 64.542498, "activity_lines": [ 1395.539608, 1442.32759, 1471.572466, 1507.504241 ] }, { "date": "2023-12-29", "close": 1438.275146, "volume": 1206400, "typical_volume": 1382450.0, "trend": 1547.073177, "fair_value": 1625.85287, "relative_strength": -17.703964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.104209, "energy": 60.762452, "activity_lines": [ 1397.127116, 1439.799132, 1464.723422, 1500.060731 ] }, { "date": "2024-01-05", "close": 1466.850342, "volume": 550500, "typical_volume": 1339395.0, "trend": 1542.487459, "fair_value": 1625.099188, "relative_strength": -15.466433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.583067, "energy": 52.02755, "activity_lines": [ 1414.462679, 1441.634894, 1461.764511, 1494.885065 ] }, { "date": "2024-01-12", "close": 1519.237549, "volume": 1343500, "typical_volume": 1368340.0, "trend": 1536.156006, "fair_value": 1625.301394, "relative_strength": -17.446391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.956124, "energy": 17.68451, "activity_lines": [ 1453.642139, 1451.766011, 1464.391535, 1493.38507 ] }, { "date": "2024-01-19", "close": 1538.28772, "volume": 994100, "typical_volume": 1363795.0, "trend": 1532.252742, "fair_value": 1626.354877, "relative_strength": -16.829231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.056107, "energy": 14.684016, "activity_lines": [ 1492.377173, 1463.698251, 1469.247489, 1493.5226 ] }, { "date": "2024-01-26", "close": 1603.057617, "volume": 1522600, "typical_volume": 1378580.0, "trend": 1530.225338, "fair_value": 1628.110623, "relative_strength": -12.311934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.624404, "energy": 27.507152, "activity_lines": [ 1539.875163, 1488.359335, 1480.618388, 1498.090657 ] }, { "date": "2024-02-02", "close": 1596.390015, "volume": 1425500, "typical_volume": 1381390.0, "trend": 1528.164437, "fair_value": 1628.560515, "relative_strength": -13.115597, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.693695, "energy": 32.123031, "activity_lines": [ 1567.62461, 1510.734402, 1491.324819, 1502.359346 ] }, { "date": "2024-02-09", "close": 1599.247681, "volume": 2862500, "typical_volume": 1458115.0, "trend": 1528.338017, "fair_value": 1627.845994, "relative_strength": -14.20424, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.100113, "energy": 54.864928, "activity_lines": [ 1585.78562, 1532.451407, 1502.29222, 1506.945361 ] }, { "date": "2024-02-16", "close": 1578.292725, "volume": 2209600, "typical_volume": 1483735.0, "trend": 1525.768254, "fair_value": 1627.232544, "relative_strength": -18.1631, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.00635, "energy": 55.1045, "activity_lines": [ 1588.135157, 1549.146149, 1511.014404, 1510.168246 ] }, { "date": "2024-02-23", "close": 1584.960083, "volume": 1411000, "typical_volume": 1461565.0, "trend": 1523.986995, "fair_value": 1627.316356, "relative_strength": -18.44543, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.62569, "energy": 46.577765, "activity_lines": [ 1588.770134, 1564.126367, 1520.226432, 1513.987073 ] }, { "date": "2024-03-01", "close": 1577.34021, "volume": 1513600, "typical_volume": 1497570.0, "trend": 1523.524707, "fair_value": 1626.800146, "relative_strength": -19.87449, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.432543, "energy": 31.643269, "activity_lines": [ 1583.753662, 1573.37429, 1528.014258, 1517.429216 ] }, { "date": "2024-03-08", "close": 1506.85498, "volume": 1851800, "typical_volume": 1542495.0, "trend": 1517.629903, "fair_value": 1625.114431, "relative_strength": -22.338996, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.074009, "energy": 12.046137, "activity_lines": [ 1556.956608, 1565.494485, 1528.553991, 1516.35375 ] }, { "date": "2024-03-15", "close": 1523.047729, "volume": 3062900, "typical_volume": 1642720.0, "trend": 1515.326408, "fair_value": 1623.153582, "relative_strength": -18.933031, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 32.339224, "energy": 17.13706, "activity_lines": [ 1541.526139, 1559.31191, 1530.091606, 1516.703287 ] }, { "date": "2024-03-22", "close": 1624.012695, "volume": 2762400, "typical_volume": 1710460.0, "trend": 1515.916516, "fair_value": 1622.10979, "relative_strength": -17.529862, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.02651, "energy": 23.297147, "activity_lines": [ 1564.830656, 1570.46483, 1540.65529, 1523.715306 ] }, { "date": "2024-03-29", "close": 1630.129883, "volume": 1488800, "typical_volume": 1606315.0, "trend": 1516.553243, "fair_value": 1621.519176, "relative_strength": -15.396359, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.482919, "energy": 31.96418, "activity_lines": [ 1587.126237, 1580.824964, 1550.867205, 1531.08391 ] }, { "date": "2024-04-05", "close": 1556.648315, "volume": 1359200, "typical_volume": 1610585.0, "trend": 1515.212467, "fair_value": 1619.196122, "relative_strength": -15.679272, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.035646, "energy": 29.374644, "activity_lines": [ 1581.916642, 1576.154956, 1553.892996, 1533.670689 ] }, { "date": "2024-04-12", "close": 1621.428101, "volume": 1090900, "typical_volume": 1600990.0, "trend": 1516.125395, "fair_value": 1617.35776, "relative_strength": -12.739159, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.619993, "energy": 49.191509, "activity_lines": [ 1599.679769, 1584.106896, 1563.028073, 1540.52331 ] }, { "date": "2024-04-19", "close": 1554.714478, "volume": 1530200, "typical_volume": 1622740.0, "trend": 1516.3875, "fair_value": 1615.971256, "relative_strength": -10.190962, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.459647, "energy": 29.107783, "activity_lines": [ 1587.566813, 1579.473848, 1565.381814, 1543.012929 ] }, { "date": "2024-04-26", "close": 1562.449463, "volume": 1411200, "typical_volume": 1622575.0, "trend": 1516.875391, "fair_value": 1614.941006, "relative_strength": -11.138145, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.953323, "energy": 17.58005, "activity_lines": [ 1575.92107, 1577.056856, 1568.366784, 1545.984668 ] }, { "date": "2024-05-03", "close": 1576.952515, "volume": 695600, "typical_volume": 1586935.0, "trend": 1521.49797, "fair_value": 1613.633406, "relative_strength": -10.329056, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.03298, "energy": 17.429126, "activity_lines": [ 1573.213892, 1577.564842, 1572.041906, 1549.860612 ] }, { "date": "2024-05-10", "close": 1607.891968, "volume": 845100, "typical_volume": 1556870.0, "trend": 1526.262862, "fair_value": 1611.893434, "relative_strength": -7.92961, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.176831, "energy": 22.063106, "activity_lines": [ 1584.365023, 1583.843775, 1577.563309, 1555.434418 ] }, { "date": "2024-05-17", "close": 1710.379395, "volume": 2778300, "typical_volume": 1635465.0, "trend": 1536.856999, "fair_value": 1610.631057, "relative_strength": -3.033576, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.804699, "energy": 44.694366, "activity_lines": [ 1626.262386, 1608.201299, 1591.57054, 1567.312904 ] }, { "date": "2024-05-24", "close": 1665.903687, "volume": 1086300, "typical_volume": 1662255.0, "trend": 1545.746362, "fair_value": 1608.360298, "relative_strength": -4.8019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.148504, "energy": 54.623487, "activity_lines": [ 1647.404427, 1620.771886, 1600.046256, 1575.638497 ] }, { "date": "2024-05-31", "close": 1663.969971, "volume": 956100, "typical_volume": 1642885.0, "trend": 1553.618774, "fair_value": 1604.682659, "relative_strength": -4.169512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.912681, "energy": 58.415403, "activity_lines": [ 1660.489283, 1630.393508, 1607.389935, 1583.265826 ] }, { "date": "2024-06-07", "close": 1584.687256, "volume": 1143700, "typical_volume": 1650365.0, "trend": 1553.419177, "fair_value": 1600.635667, "relative_strength": -8.857628, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.955307, "energy": 43.970489, "activity_lines": [ 1640.378532, 1624.873595, 1606.493678, 1585.270245 ] }, { "date": "2024-06-14", "close": 1808.032471, "volume": 2624100, "typical_volume": 1705440.0, "trend": 1562.22017, "fair_value": 1598.604788, "relative_strength": 3.821306, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.307734, "energy": 57.918616, "activity_lines": [ 1694.200537, 1660.788133, 1626.647443, 1601.696909 ] }, { "date": "2024-06-21", "close": 1829.303467, "volume": 2052200, "typical_volume": 1736775.0, "trend": 1572.142953, "fair_value": 1596.282079, "relative_strength": 5.776913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.455935, "energy": 69.127548, "activity_lines": [ 1741.770174, 1695.999503, 1647.850946, 1618.928089 ] }, { "date": "2024-06-28", "close": 1820.601685, "volume": 1567500, "typical_volume": 1672025.0, "trend": 1581.743917, "fair_value": 1593.33075, "relative_strength": 2.832466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.652519, "energy": 72.333586, "activity_lines": [ 1778.510946, 1725.849179, 1667.116597, 1634.957685 ] }, { "date": "2024-07-05", "close": 1840.905884, "volume": 1622500, "typical_volume": 1642670.0, "trend": 1595.863436, "fair_value": 1591.45852, "relative_strength": 0.869843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.930329, "energy": 79.520794, "activity_lines": [ 1811.706584, 1754.556215, 1687.261914, 1651.677812 ] }, { "date": "2024-07-12", "close": 1907.619385, "volume": 2021900, "typical_volume": 1673215.0, "trend": 1614.587997, "fair_value": 1590.042872, "relative_strength": 3.949043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.136142, "energy": 80.522034, "activity_lines": [ 1855.344328, 1790.330134, 1712.510359, 1671.791099 ] }, { "date": "2024-07-19", "close": 1848.640625, "volume": 1202100, "typical_volume": 1657640.0, "trend": 1631.537101, "fair_value": 1588.254942, "relative_strength": 3.797171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.483811, "energy": 67.24548, "activity_lines": [ 1857.793677, 1809.368517, 1730.605306, 1686.891268 ] }, { "date": "2024-07-26", "close": 1960.796753, "volume": 4685100, "typical_volume": 1799305.0, "trend": 1648.954488, "fair_value": 1587.724083, "relative_strength": 16.995283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.56048, "energy": 65.074762, "activity_lines": [ 1894.921192, 1844.421675, 1758.089883, 1708.133827 ] }, { "date": "2024-08-02", "close": 1824.468994, "volume": 2394900, "typical_volume": 1765905.0, "trend": 1660.87511, "fair_value": 1586.59128, "relative_strength": 14.121474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.904222, "energy": 46.251835, "activity_lines": [ 1877.839901, 1850.134926, 1770.429236, 1719.457343 ] }, { "date": "2024-08-09", "close": 1787.728394, "volume": 4032100, "typical_volume": 1829390.0, "trend": 1669.824805, "fair_value": 1585.755296, "relative_strength": 14.687848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.000614, "energy": 33.349214, "activity_lines": [ 1848.253923, 1846.285061, 1777.834145, 1727.641426 ] }, { "date": "2024-08-16", "close": 2003.338745, "volume": 2073700, "typical_volume": 1858635.0, "trend": 1685.326506, "fair_value": 1588.268754, "relative_strength": 18.16049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.534579, "energy": 43.717265, "activity_lines": [ 1894.083228, 1879.386925, 1804.993775, 1749.158454 ] }, { "date": "2024-08-23", "close": 2012.040405, "volume": 2041200, "typical_volume": 1892735.0, "trend": 1698.959265, "fair_value": 1590.351947, "relative_strength": 17.656863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.765884, "energy": 43.331847, "activity_lines": [ 1936.431795, 1906.459064, 1831.204949, 1770.23677 ] }, { "date": "2024-08-30", "close": 1996.570679, "volume": 983300, "typical_volume": 1887355.0, "trend": 1712.298621, "fair_value": 1591.537474, "relative_strength": 15.775509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.601443, "energy": 45.346634, "activity_lines": [ 1962.730469, 1927.009291, 1853.774282, 1789.437507 ] }, { "date": "2024-09-06", "close": 1883.447754, "volume": 1572300, "typical_volume": 1889460.0, "trend": 1721.771956, "fair_value": 1591.928418, "relative_strength": 15.848357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.315114, "energy": 48.031686, "activity_lines": [ 1948.936572, 1923.950491, 1863.78361, 1800.479386 ] }, { "date": "2024-09-13", "close": 1800.297729, "volume": 1922000, "typical_volume": 1915000.0, "trend": 1729.172123, "fair_value": 1591.815281, "relative_strength": 10.078442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.571248, "energy": 26.64789, "activity_lines": [ 1903.494084, 1904.630848, 1864.308491, 1805.545565 ] }, { "date": "2024-09-20", "close": 1901.818237, "volume": 1106000, "typical_volume": 1935520.0, "trend": 1739.734062, "fair_value": 1592.561221, "relative_strength": 12.635518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.235472, "energy": 19.473457, "activity_lines": [ 1891.053808, 1904.50781, 1873.369381, 1816.684024 ] }, { "date": "2024-09-27", "close": 2030.813477, "volume": 1119500, "typical_volume": 1949240.0, "trend": 1754.849837, "fair_value": 1594.525792, "relative_strength": 13.799296, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.178611, "energy": 28.404731, "activity_lines": [ 1928.37998, 1927.943928, 1893.168553, 1835.463341 ] }, { "date": "2024-10-04", "close": 1908.47522, "volume": 1124700, "typical_volume": 1866560.0, "trend": 1768.237179, "fair_value": 1595.397158, "relative_strength": 10.107307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.897162, "energy": 18.969261, "activity_lines": [ 1923.675195, 1925.824492, 1899.30255, 1845.374656 ] }, { "date": "2024-10-11", "close": 1919.240967, "volume": 814200, "typical_volume": 1852955.0, "trend": 1781.44362, "fair_value": 1595.165728, "relative_strength": 7.871453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.062513, "energy": 25.711965, "activity_lines": [ 1928.432023, 1926.613765, 1905.518543, 1855.116836 ] }, { "date": "2024-10-18", "close": 1912.390137, "volume": 797400, "typical_volume": 1845020.0, "trend": 1791.056201, "fair_value": 1595.053619, "relative_strength": 8.996683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.52387, "energy": 25.392275, "activity_lines": [ 1928.519027, 1924.434306, 1909.875708, 1863.564999 ] }, { "date": "2024-10-25", "close": 1878.135498, "volume": 1164000, "typical_volume": 1846035.0, "trend": 1799.323055, "fair_value": 1594.651971, "relative_strength": 9.853214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.430934, "energy": 14.527954, "activity_lines": [ 1909.71499, 1913.760154, 1909.787573, 1869.183018 ] }, { "date": "2024-11-01", "close": 1861.497437, "volume": 1633700, "typical_volume": 1796515.0, "trend": 1809.484693, "fair_value": 1595.169729, "relative_strength": 8.284894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.924757, "energy": 9.051805, "activity_lines": [ 1886.943783, 1902.337323, 1906.717489, 1873.194268 ] }, { "date": "2024-11-08", "close": 2148.258057, "volume": 2644200, "typical_volume": 1826115.0, "trend": 1827.045691, "fair_value": 1597.863829, "relative_strength": 20.105661, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.311762, "energy": 39.901736, "activity_lines": [ 1971.047185, 1945.789931, 1930.703344, 1895.050614 ] }, { "date": "2024-11-15", "close": 3092.70874, "volume": 11841100, "typical_volume": 2339795.0, "trend": 1878.312166, "fair_value": 1605.755107, "relative_strength": 74.224915, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 89.594675, "energy": 87.070168, "activity_lines": [ 2353.981958, 2158.202892, 2043.118053, 1976.706295 ] }, { "date": "2024-11-22", "close": 3386.320557, "volume": 6025400, "typical_volume": 2559940.0, "trend": 1939.10787, "fair_value": 1616.263077, "relative_strength": 89.156966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.91967, "energy": 96.824699, "activity_lines": [ 2756.556153, 2402.013257, 2177.438138, 2073.997159 ] }, { "date": "2024-11-29", "close": 3234.621094, "volume": 4968400, "typical_volume": 2707265.0, "trend": 1994.363489, "fair_value": 1626.369944, "relative_strength": 78.197135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.018544, "energy": 93.837479, "activity_lines": [ 3010.301831, 2589.405123, 2289.951539, 2157.578657 ] }, { "date": "2024-12-06", "close": 3723.973633, "volume": 9366500, "typical_volume": 3115485.0, "trend": 2064.899544, "fair_value": 1639.730284, "relative_strength": 96.434391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.654559, "energy": 95.826069, "activity_lines": [ 3336.73265, 2841.537398, 2442.750887, 2269.166408 ] }, { "date": "2024-12-13", "close": 4007.798096, "volume": 5044000, "typical_volume": 3133430.0, "trend": 2141.480168, "fair_value": 1654.845882, "relative_strength": 104.451708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.234917, "energy": 96.323679, "activity_lines": [ 3633.606543, 3114.489391, 2613.65098, 2394.514702 ] }, { "date": "2024-12-20", "close": 4037.159668, "volume": 3447200, "typical_volume": 3186045.0, "trend": 2220.522034, "fair_value": 1669.694965, "relative_strength": 104.966971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.265426, "energy": 92.865994, "activity_lines": [ 3816.298291, 3354.610345, 2777.599787, 2516.816605 ] }, { "date": "2024-12-27", "close": 3939.288818, "volume": 7341400, "typical_volume": 3351510.0, "trend": 2296.365995, "fair_value": 1683.782583, "relative_strength": 88.257603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.638685, "energy": 69.362484, "activity_lines": [ 3903.403027, 3538.428986, 2921.690938, 2627.704785 ] }, { "date": "2025-01-03", "close": 3875.672852, "volume": 717300, "typical_volume": 3283690.0, "trend": 2372.732182, "fair_value": 1697.106783, "relative_strength": 83.400352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.900584, "energy": 67.39047, "activity_lines": [ 3932.437891, 3673.828385, 3049.477901, 2729.59555 ] }, { "date": "2025-01-10", "close": 3660.35791, "volume": 4217000, "typical_volume": 3392480.0, "trend": 2434.476363, "fair_value": 1708.765095, "relative_strength": 73.136938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.086188, "energy": 63.645781, "activity_lines": [ 3846.964323, 3733.760751, 3147.842801, 2812.668177 ] }, { "date": "2025-01-17", "close": 3606.528809, "volume": 3075800, "typical_volume": 3497105.0, "trend": 2493.717208, "fair_value": 1720.649678, "relative_strength": 70.763249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.028472, "energy": 50.422797, "activity_lines": [ 3747.78877, 3751.199454, 3233.23199, 2888.284464 ] }, { "date": "2025-01-24", "close": 3665.251221, "volume": 4082300, "typical_volume": 3622605.0, "trend": 2555.205526, "fair_value": 1734.420628, "relative_strength": 64.406939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.564191, "energy": 41.530506, "activity_lines": [ 3694.93864, 3752.800946, 3316.547322, 2963.867304 ] }, { "date": "2025-01-31", "close": 3004.625488, "volume": 7839400, "typical_volume": 3918475.0, "trend": 2593.996179, "fair_value": 1743.303849, "relative_strength": 34.526054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.289767, "energy": 23.636482, "activity_lines": [ 3446.673828, 3623.878804, 3328.461139, 2992.86214 ] }, { "date": "2025-02-07", "close": 2917.520752, "volume": 6103500, "typical_volume": 4168350.0, "trend": 2627.659558, "fair_value": 1751.203126, "relative_strength": 31.839495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.154114, "energy": 22.621641, "activity_lines": [ 3231.684994, 3486.059348, 3326.344373, 3013.734693 ] }, { "date": "2025-02-14", "close": 3092.70874, "volume": 13892300, "typical_volume": 4806990.0, "trend": 2669.128495, "fair_value": 1759.863948, "relative_strength": 36.711728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.386899, "energy": 24.196414, "activity_lines": [ 3138.968962, 3385.857715, 3336.075499, 3043.737866 ] }, { "date": "2025-02-21", "close": 2644.46167, "volume": 6045900, "typical_volume": 5053050.0, "trend": 2691.917326, "fair_value": 1766.426767, "relative_strength": 16.943601, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.529962, "energy": 25.050519, "activity_lines": [ 2934.680518, 3215.634158, 3298.059783, 3042.146458 ] }, { "date": "2025-02-28", "close": 2480.039307, "volume": 5002600, "typical_volume": 5262470.0, "trend": 2713.76967, "fair_value": 1772.990806, "relative_strength": 13.440042, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.56418, "energy": 30.161317, "activity_lines": [ 2739.722428, 3040.30356, 3240.880097, 3028.476908 ] }, { "date": "2025-03-07", "close": 2466.337402, "volume": 5820300, "typical_volume": 5513615.0, "trend": 2736.38997, "fair_value": 1780.568862, "relative_strength": 12.570831, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.939671, "energy": 55.044224, "activity_lines": [ 2619.211165, 2890.792987, 3179.725, 3012.513536 ] }, { "date": "2025-03-14", "close": 2721.779541, "volume": 6301100, "typical_volume": 5770470.0, "trend": 2760.337996, "fair_value": 1789.282995, "relative_strength": 22.32275, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.86147, "energy": 52.826319, "activity_lines": [ 2619.733154, 2814.507373, 3140.259881, 3011.570928 ] }, { "date": "2025-03-21", "close": 2764.842529, "volume": 3781000, "typical_volume": 5877835.0, "trend": 2785.431401, "fair_value": 1797.98168, "relative_strength": 20.896943, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.717983, "energy": 42.676734, "activity_lines": [ 2647.658887, 2767.031272, 3100.878647, 3011.861543 ] }, { "date": "2025-03-28", "close": 2555.008545, "volume": 5634900, "typical_volume": 6027370.0, "trend": 2804.045996, "fair_value": 1805.456643, "relative_strength": 12.384235, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.452708, "energy": 29.830176, "activity_lines": [ 2627.497705, 2697.685636, 3037.21158, 2996.995552 ] }, { "date": "2025-04-04", "close": 1995.791748, "volume": 5872200, "typical_volume": 5728925.0, "trend": 2807.790796, "fair_value": 1810.660386, "relative_strength": -4.11113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.374654, "energy": 41.848947, "activity_lines": [ 2426.894466, 2545.782768, 2918.348864, 2944.850117 ] }, { "date": "2025-04-11", "close": 2051.120605, "volume": 6586000, "typical_volume": 5756955.0, "trend": 2816.151559, "fair_value": 1816.195027, "relative_strength": -1.496992, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.159258, "energy": 52.589978, "activity_lines": [ 2277.01735, 2434.293501, 2809.978977, 2896.032685 ] }, { "date": "2025-04-18", "close": 2139.053955, "volume": 2916200, "typical_volume": 5654345.0, "trend": 2824.059416, "fair_value": 1821.895133, "relative_strength": -1.26167, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.51526, "energy": 61.338686, "activity_lines": [ 2184.132471, 2356.128569, 2716.34179, 2852.348969 ] }, { "date": "2025-04-25", "close": 2311.956543, "volume": 4050400, "typical_volume": 5388540.0, "trend": 2833.430851, "fair_value": 1828.816514, "relative_strength": 3.055357, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.881098, "energy": 69.394648, "activity_lines": [ 2187.730159, 2323.554412, 2644.388502, 2819.310074 ] }, { "date": "2025-05-02", "close": 2511.535889, "volume": 4047100, "typical_volume": 5338695.0, "trend": 2853.532874, "fair_value": 1836.737908, "relative_strength": 7.644274, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.318849, "energy": 55.094838, "activity_lines": [ 2288.046696, 2341.462904, 2598.166662, 2798.542657 ] }, { "date": "2025-05-09", "close": 2543.152344, "volume": 1650900, "typical_volume": 5248880.0, "trend": 2874.329919, "fair_value": 1844.921406, "relative_strength": 6.214076, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.596553, "energy": 31.540604, "activity_lines": [ 2401.800228, 2367.536674, 2562.080971, 2778.518107 ] }, { "date": "2025-05-16", "close": 2810.904785, "volume": 8145100, "typical_volume": 5289065.0, "trend": 2904.280408, "fair_value": 1854.714283, "relative_strength": 15.56138, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.930222, "energy": 24.400589, "activity_lines": [ 2568.313867, 2441.145197, 2558.609833, 2774.426162 ] }, { "date": "2025-05-23", "close": 2742.731689, "volume": 4468700, "typical_volume": 5476635.0, "trend": 2933.100281, "fair_value": 1864.307892, "relative_strength": 13.518536, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.094619, "energy": 27.346586, "activity_lines": [ 2661.450863, 2496.09375, 2554.019277, 2764.003664 ] }, { "date": "2025-05-30", "close": 2828.688721, "volume": 3482400, "typical_volume": 5439905.0, "trend": 2965.33999, "fair_value": 1873.84033, "relative_strength": 13.54459, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.117678, "energy": 19.665626, "activity_lines": [ 2742.99502, 2566.289906, 2563.010062, 2757.267435 ] }, { "date": "2025-06-06", "close": 2698.270996, "volume": 2969000, "typical_volume": 5434565.0, "trend": 2983.673755, "fair_value": 1882.667514, "relative_strength": 7.984833, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.995065, "energy": 19.93491, "activity_lines": [ 2746.61779, 2611.612908, 2563.540441, 2740.037177 ] }, { "date": "2025-06-13", "close": 2577.73291, "volume": 2116200, "typical_volume": 5336260.0, "trend": 2966.507894, "fair_value": 1891.571932, "relative_strength": 2.26812, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.549803, "energy": 14.553474, "activity_lines": [ 2697.612191, 2632.415123, 2556.91604, 2713.847445 ] }, { "date": "2025-06-20", "close": 2651.834229, "volume": 2165000, "typical_volume": 5052540.0, "trend": 2942.025016, "fair_value": 1900.333239, "relative_strength": 3.005307, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.848998, "energy": 10.817078, "activity_lines": [ 2671.00166, 2656.109557, 2562.527566, 2693.545918 ] }, { "date": "2025-06-27", "close": 3102.369141, "volume": 5033000, "typical_volume": 4999015.0, "trend": 2937.616618, "fair_value": 1912.368915, "relative_strength": 14.235628, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.375508, "energy": 16.566211, "activity_lines": [ 2805.174138, 2750.797363, 2612.727137, 2703.890701 ] }, { "date": "2025-07-04", "close": 3151.77002, "volume": 3948800, "typical_volume": 4501840.0, "trend": 2918.543164, "fair_value": 1924.317109, "relative_strength": 15.919326, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.919952, "energy": 45.13914, "activity_lines": [ 2931.837744, 2836.952326, 2666.751323, 2717.707049 ] }, { "date": "2025-07-11", "close": 3082.608887, "volume": 2221800, "typical_volume": 4310635.0, "trend": 2887.703524, "fair_value": 1935.649602, "relative_strength": 13.060998, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.935667, "energy": 55.203961, "activity_lines": [ 3013.908887, 2895.263202, 2713.907491, 2728.291935 ] }, { "date": "2025-07-18", "close": 3211.051025, "volume": 2398600, "typical_volume": 4180435.0, "trend": 2860.166569, "fair_value": 1947.365626, "relative_strength": 15.91804, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.687595, "energy": 66.842021, "activity_lines": [ 3113.17155, 2966.544048, 2771.209827, 2749.153064 ] }, { "date": "2025-07-25", "close": 3299.972412, "volume": 2017800, "typical_volume": 3990310.0, "trend": 2838.856022, "fair_value": 1960.073643, "relative_strength": 13.55896, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.593153, "energy": 69.258622, "activity_lines": [ 3199.853467, 3041.848806, 2833.499859, 2777.527634 ] }, { "date": "2025-08-01", "close": 3230.811523, "volume": 2094200, "typical_volume": 3779965.0, "trend": 2817.360645, "fair_value": 1971.946054, "relative_strength": 12.095531, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.572265, "energy": 63.682671, "activity_lines": [ 3220.272542, 3095.686719, 2885.23345, 2802.815086 ] }, { "date": "2025-08-08", "close": 2993.6875, "volume": 5924800, "typical_volume": 3887155.0, "trend": 2795.138298, "fair_value": 1981.715982, "relative_strength": 0.769271, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.125642, "energy": 47.856427, "activity_lines": [ 3153.087451, 3097.536994, 2911.959838, 2814.191012 ] }, { "date": "2025-08-15", "close": 3225.871338, "volume": 2389400, "typical_volume": 3724880.0, "trend": 2782.449715, "fair_value": 1992.290768, "relative_strength": 4.072845, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.388119, "energy": 46.840525, "activity_lines": [ 3173.835807, 3138.602535, 2959.709234, 2841.98024 ] }, { "date": "2025-08-22", "close": 3112.249268, "volume": 2663700, "typical_volume": 3564455.0, "trend": 2764.016317, "fair_value": 2002.1907, "relative_strength": 1.599762, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.188258, "energy": 33.970156, "activity_lines": [ 3147.15931, 3149.416784, 2993.442897, 2863.257631 ] }, { "date": "2025-08-29", "close": 3275.271973, "volume": 2012500, "typical_volume": 3335780.0, "trend": 2773.037866, "fair_value": 2013.058383, "relative_strength": 5.998905, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.310296, "energy": 39.878542, "activity_lines": [ 3181.410498, 3180.153045, 3037.386067, 2896.241867 ] }, { "date": "2025-09-05", "close": 3136.949707, "volume": 1687300, "typical_volume": 3274335.0, "trend": 2780.352165, "fair_value": 2022.777874, "relative_strength": 0.249554, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.492193, "energy": 33.89, "activity_lines": [ 3171.20096, 3174.404572, 3062.326395, 2919.72005 ] }, { "date": "2025-09-12", "close": 3630.957764, "volume": 5966800, "typical_volume": 3370155.0, "trend": 2798.293799, "fair_value": 2036.175219, "relative_strength": 10.570291, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.032676, "energy": 50.433327, "activity_lines": [ 3331.918229, 3257.847008, 3129.563226, 2974.597831 ] }, { "date": "2025-09-19", "close": 3690.238525, "volume": 2531000, "typical_volume": 3294350.0, "trend": 2833.153027, "fair_value": 2049.798041, "relative_strength": 10.767785, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.420243, "energy": 70.840392, "activity_lines": [ 3469.911068, 3343.35526, 3196.164884, 3032.142652 ] }, { "date": "2025-09-26", "close": 3561.796631, "volume": 2002300, "typical_volume": 3311920.0, "trend": 2869.211605, "fair_value": 2063.268997, "relative_strength": 5.428526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.680017, "energy": 74.417196, "activity_lines": [ 3534.132129, 3394.462629, 3244.921112, 3079.151916 ] }, { "date": "2025-10-03", "close": 3581.694824, "volume": 2038300, "typical_volume": 3006580.0, "trend": 2906.390186, "fair_value": 2076.235813, "relative_strength": 4.280427, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.960347, "energy": 77.221628, "activity_lines": [ 3575.016097, 3442.810658, 3290.721719, 3125.118576 ] }, { "date": "2025-10-10", "close": 3362.813477, "volume": 2568300, "typical_volume": 2911560.0, "trend": 2927.757983, "fair_value": 2087.895803, "relative_strength": -7.324227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.571078, "energy": 53.372143, "activity_lines": [ 3522.511426, 3446.239853, 3312.006055, 3154.56524 ] }, { "date": "2025-10-17", "close": 3019.567871, "volume": 2200900, "typical_volume": 2847485.0, "trend": 2936.248828, "fair_value": 2097.535983, "relative_strength": -16.205209, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.065482, "energy": 20.537769, "activity_lines": [ 3340.533968, 3384.86072, 3297.647562, 3160.488458 ] }, { "date": "2025-10-24", "close": 3258.347412, "volume": 2257100, "typical_volume": 2811890.0, "trend": 2959.693457, "fair_value": 2108.526318, "relative_strength": -13.094376, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.810809, "energy": 19.92444, "activity_lines": [ 3278.909017, 3366.425497, 3305.12103, 3181.269012 ] }, { "date": "2025-10-31", "close": 3472.25415, "volume": 2623900, "typical_volume": 2837275.0, "trend": 3008.90887, "fair_value": 2120.472738, "relative_strength": -13.267611, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.709547, "energy": 23.030595, "activity_lines": [ 3317.379053, 3386.291934, 3330.299537, 3214.337444 ] }, { "date": "2025-11-07", "close": 3238.449219, "volume": 1846100, "typical_volume": 2821330.0, "trend": 3048.486491, "fair_value": 2130.74594, "relative_strength": -15.885039, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.997912, "energy": 19.395079, "activity_lines": [ 3283.88361, 3357.102841, 3328.951284, 3229.146499 ] }, { "date": "2025-11-14", "close": 2908.137207, "volume": 5004900, "typical_volume": 2819925.0, "trend": 3074.122599, "fair_value": 2138.847612, "relative_strength": -24.190048, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.73848, "energy": 10.507742, "activity_lines": [ 3163.167204, 3268.526523, 3293.351338, 3220.091706 ] }, { "date": "2025-11-21", "close": 2660.40332, "volume": 3557100, "typical_volume": 2800340.0, "trend": 3085.737492, "fair_value": 2145.295071, "relative_strength": -27.533689, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.537115, "energy": 35.753088, "activity_lines": [ 2990.184586, 3139.067907, 3235.082603, 3193.40014 ] }, { "date": "2025-11-28", "close": 2861.376221, "volume": 2856000, "typical_volume": 2832050.0, "trend": 3097.398836, "fair_value": 2153.361704, "relative_strength": -24.048125, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.172126, "energy": 43.832789, "activity_lines": [ 2908.13724, 3063.796262, 3198.293986, 3178.925219 ] }, { "date": "2025-12-05", "close": 2905.152588, "volume": 3412600, "typical_volume": 2882750.0, "trend": 3109.465511, "fair_value": 2161.690905, "relative_strength": -22.49952, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.983616, "energy": 48.036027, "activity_lines": [ 2867.146761, 3011.554181, 3166.728036, 3166.522235 ] }, { "date": "2025-12-12", "close": 2984.74585, "volume": 4064200, "typical_volume": 2985070.0, "trend": 3115.260213, "fair_value": 2170.716819, "relative_strength": -20.028923, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.516561, "energy": 49.358258, "activity_lines": [ 2890.494141, 2985.722585, 3144.199055, 3158.475805 ] }, { "date": "2025-12-19", "close": 2624.586426, "volume": 7186700, "typical_volume": 3239695.0, "trend": 3111.322038, "fair_value": 2178.228145, "relative_strength": -26.807017, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.160141, "energy": 43.849584, "activity_lines": [ 2810.701937, 2905.261075, 3088.870256, 3126.819432 ] }, { "date": "2025-12-26", "close": 2566.881348, "volume": 2889900, "typical_volume": 3087950.0, "trend": 3102.595125, "fair_value": 2185.267293, "relative_strength": -29.283258, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.242864, "energy": 56.316871, "activity_lines": [ 2730.578093, 2827.730043, 3030.932521, 3091.694226 ] }, { "date": "2026-01-02", "close": 2541.013428, "volume": 1367000, "typical_volume": 3036830.0, "trend": 3097.353206, "fair_value": 2192.182735, "relative_strength": -28.527607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.73197, "energy": 64.648188, "activity_lines": [ 2648.066407, 2753.726416, 2972.563585, 3055.463149 ] }, { "date": "2026-01-09", "close": 2650.454102, "volume": 3373100, "typical_volume": 3072300.0, "trend": 3099.777246, "fair_value": 2199.75159, "relative_strength": -26.903098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.776471, "energy": 66.654095, "activity_lines": [ 2623.392465, 2712.66353, 2927.878798, 3026.630949 ] }, { "date": "2026-01-16", "close": 2756.910156, "volume": 2469300, "typical_volume": 3095140.0, "trend": 3103.279777, "fair_value": 2207.503519, "relative_strength": -25.910184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.215122, "energy": 58.966052, "activity_lines": [ 2651.183773, 2705.898109, 2895.531708, 3004.510491 ] }, { "date": "2026-01-23", "close": 2781.782959, "volume": 4489600, "typical_volume": 3235255.0, "trend": 3092.593571, "fair_value": 2214.783196, "relative_strength": -24.270722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.727273, "energy": 38.817291, "activity_lines": [ 2702.455062, 2712.410272, 2868.021846, 2983.768761 ] }, { "date": "2026-01-30", "close": 2701.194824, "volume": 2971800, "typical_volume": 3085505.0, "trend": 3077.574398, "fair_value": 2221.377832, "relative_strength": -25.209162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.938041, "energy": 29.048086, "activity_lines": [ 2716.38387, 2706.567396, 2834.528194, 2958.517229 ] }, { "date": "2026-02-06", "close": 2926.045654, "volume": 4468800, "typical_volume": 3182395.0, "trend": 3072.355623, "fair_value": 2229.714625, "relative_strength": -19.889311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.395087, "energy": 19.88977, "activity_lines": [ 2796.308724, 2740.864826, 2826.876349, 2948.741181 ] }, { "date": "2026-02-13", "close": 2216.671143, "volume": 11039700, "typical_volume": 3634265.0, "trend": 3039.209627, "fair_value": 2232.938631, "relative_strength": -41.506604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.338391, "energy": 44.739785, "activity_lines": [ 2614.106592, 2645.009264, 2755.30404, 2893.535731 ] }, { "date": "2026-02-20", "close": 2357.949219, "volume": 4523300, "typical_volume": 3758515.0, "trend": 3007.808854, "fair_value": 2237.224685, "relative_strength": -37.166442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.376925, "energy": 59.225998, "activity_lines": [ 2507.916016, 2587.35847, 2703.592146, 2849.583446 ] }, { "date": "2026-02-27", "close": 3109.110107, "volume": 8038000, "typical_volume": 4032000.0, "trend": 3003.75214, "fair_value": 2246.530419, "relative_strength": -19.674536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.849622, "energy": 18.895432, "activity_lines": [ 2678.709798, 2677.678684, 2729.246744, 2856.119011 ] }, { "date": "2026-03-06", "close": 2821.57959, "volume": 7745300, "typical_volume": 4309220.0, "trend": 2998.01521, "fair_value": 2253.66814, "relative_strength": -22.504977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.159404, "energy": 22.535558, "activity_lines": [ 2731.838265, 2706.911102, 2728.725594, 2844.365943 ] }, { "date": "2026-03-13", "close": 2874.310059, "volume": 5508800, "typical_volume": 4471805.0, "trend": 2986.296501, "fair_value": 2262.004181, "relative_strength": -17.931265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.372997, "energy": 11.6167, "activity_lines": [ 2794.517904, 2741.1, 2734.169195, 2836.384966 ] }, { "date": "2026-03-20", "close": 2673.337158, "volume": 3051900, "typical_volume": 4493205.0, "trend": 2971.666097, "fair_value": 2268.73308, "relative_strength": -22.496633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.873048, "energy": 17.882956, "activity_lines": [ 2793.655615, 2732.688432, 2722.30127, 2816.19404 ] }, { "date": "2026-03-27", "close": 2935.0, "volume": 8506300, "typical_volume": 4826215.0, "trend": 2960.323698, "fair_value": 2276.2521, "relative_strength": -14.559689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.352548, "energy": 9.800711, "activity_lines": [ 2849.569873, 2771.435871, 2739.157981, 2813.828486 ] }, { "date": "2026-04-03", "close": 2772.0, "volume": 4247300, "typical_volume": 4788335.0, "trend": 2948.158708, "fair_value": 2283.464333, "relative_strength": -18.758125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.161264, "energy": 8.502742, "activity_lines": [ 2812.680745, 2777.308949, 2741.935879, 2801.67857 ] }, { "date": "2026-04-10", "close": 3160.0, "volume": 4550800, "typical_volume": 4838020.0, "trend": 2932.460116, "fair_value": 2293.072997, "relative_strength": -13.425979, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.564808, "energy": 12.062446, "activity_lines": [ 2927.598958, 2853.905353, 2782.314431, 2815.34575 ] }, { "date": "2026-04-17", "close": 3130.0, "volume": 2861100, "typical_volume": 4838275.0, "trend": 2913.785498, "fair_value": 2302.483303, "relative_strength": -16.321129, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.53732, "energy": 27.148857, "activity_lines": [ 3009.955811, 2916.7053, 2817.456808, 2828.090259 ] }, { "date": "2026-04-24", "close": 4800.0, "volume": 15998500, "typical_volume": 5467570.0, "trend": 2955.058944, "fair_value": 2322.259945, "relative_strength": 25.072445, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 61.569093, "energy": 70.676439, "activity_lines": [ 3631.933333, 3279.43335, 3010.367643, 2949.781517 ] }, { "date": "2026-05-01", "close": 4250.0, "volume": 7365000, "typical_volume": 5632610.0, "trend": 2977.335783, "fair_value": 2338.323401, "relative_strength": 11.012065, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.108648, "energy": 82.506606, "activity_lines": [ 3928.8, 3495.191784, 3141.874443, 3033.326101 ] }, { "date": "2026-05-08", "close": 5420.0, "volume": 7874600, "typical_volume": 5667005.0, "trend": 3045.908667, "fair_value": 2362.092552, "relative_strength": 33.60458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.258043, "energy": 93.342302, "activity_lines": [ 4528.0, 3889.276567, 3378.784795, 3190.917341 ] }, { "date": "2026-05-15", "close": 5440.0, "volume": 17273300, "typical_volume": 6386175.0, "trend": 3126.589738, "fair_value": 2386.141153, "relative_strength": 36.372922, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.62468, "energy": 90.82497, "activity_lines": [ 4957.333333, 4244.981534, 3604.288415, 3345.374846 ] }, { "date": "2026-05-22", "close": 5550.0, "volume": 9423200, "typical_volume": 6788985.0, "trend": 3202.978158, "fair_value": 2411.167128, "relative_strength": 34.342032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.434294, "energy": 87.612493, "activity_lines": [ 5271.333333, 4573.078857, 3826.586708, 3501.723895 ] }, { "date": "2026-05-29", "close": 9460.0, "volume": 18801400, "typical_volume": 7560400.0, "trend": 3402.569686, "fair_value": 2461.323753, "relative_strength": 114.357978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.45067, "energy": 98.238082, "activity_lines": [ 6727.333333, 5563.436364, 4406.937447, 3905.402724 ] }, { "date": "2026-06-05", "close": 8190.0, "volume": 2557600, "typical_volume": 7564815.0, "trend": 3567.621379, "fair_value": 2503.538998, "relative_strength": 82.14834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.005127, "energy": 92.39338, "activity_lines": [ 7449.333333, 6199.490909, 4833.909395, 4214.269196 ] }, { "date": "2026-06-12", "close": 4885.0, "volume": 4321600, "typical_volume": 7556415.0, "trend": 3633.516805, "fair_value": 2523.896811, "relative_strength": 9.39629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.394144, "energy": 61.489109, "activity_lines": [ 6807.0, 6139.090909, 4920.247582, 4299.261365 ] }, { "date": "2026-06-19", "close": 4600.0, "volume": 3109500, "typical_volume": 7563300.0, "trend": 3698.170028, "fair_value": 2542.772544, "relative_strength": -4.425664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.320772, "energy": 51.609, "activity_lines": [ 6105.333333, 5988.454545, 4969.427593, 4361.615119 ] }, { "date": "2026-06-26", "close": 4005.0, "volume": 1706500, "typical_volume": 7425185.0, "trend": 3736.29082, "fair_value": 2557.779725, "relative_strength": -14.043732, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.359094, "energy": 21.166417, "activity_lines": [ 5261.333333, 5703.454545, 4952.899007, 4381.410601 ] }, { "date": "2026-07-03", "close": 4125.0, "volume": 1289200, "typical_volume": 6937660.0, "trend": 3776.952401, "fair_value": 2573.592436, "relative_strength": -11.447058, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.547579, "energy": 28.872691, "activity_lines": [ 4560.333333, 5424.363636, 4942.661115, 4406.488613 ] }, { "date": "2026-07-10", "close": 3640.0, "volume": 1163800, "typical_volume": 6769685.0, "trend": 3798.794206, "fair_value": 2586.707563, "relative_strength": -19.934627, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.065456, "energy": 26.291203, "activity_lines": [ 4053.333333, 5069.363636, 4877.145467, 4397.652974 ] }, { "date": "2026-07-17", "close": 3030.0, "volume": 2547700, "typical_volume": 6495170.0, "trend": 3812.307992, "fair_value": 2595.519193, "relative_strength": -28.066188, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.981836, "energy": 34.541711, "activity_lines": [ 3646.333333, 4614.545455, 4747.429577, 4348.053348 ] }, { "date": "2026-07-24", "close": 3025.0, "volume": 4215200, "typical_volume": 6318665.0, "trend": 3827.578613, "fair_value": 2604.407669, "relative_strength": -28.016283, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.47029, "energy": 36.484307, "activity_lines": [ 3361.333333, 4202.272727, 4617.614211, 4297.259284 ] }, { "date": "2026-07-31", "close": 3225.0, "volume": 8561300, "typical_volume": 6471290.0, "trend": 3850.378166, "fair_value": 2614.880689, "relative_strength": -22.291823, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.886551, "energy": 43.265246, "activity_lines": [ 3248.0, 3870.272727, 4505.877796, 4258.383245 ] }, { "date": "2026-08-07", "close": 3345.0, "volume": 5973700, "typical_volume": 6617380.0, "trend": 3873.529696, "fair_value": 2625.530054, "relative_strength": -20.440738, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.295762, "energy": 40.645584, "activity_lines": [ 3226.666667, 3602.363636, 4403.9, 4225.778202 ] }, { "date": "2026-08-14", "close": 3625.0, "volume": 2805000, "typical_volume": 6332315.0, "trend": 3902.466024, "fair_value": 2638.561127, "relative_strength": -17.142362, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.903639, "energy": 32.491998, "activity_lines": [ 3350.666667, 3496.545455, 4325.390476, 4209.744028 ] }, { "date": "2026-08-21", "close": 3300.0, "volume": 3399000, "typical_volume": 6289900.0, "trend": 3919.739925, "fair_value": 2649.418117, "relative_strength": -20.939402, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.603643, "energy": 23.431156, "activity_lines": [ 3367.333333, 3414.636364, 4212.642857, 4170.875252 ] } ], "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." } } }