{ "ticker": { "uuid": "db2c687f-2793-427f-9416-e7bab6b9f9b3", "symbol": "9G2", "name": "$ SAM Holdings", "exchange": "SES", "country": "SG", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^STI", "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": -61.123, "architecture_energy": 53.192, "architecture_maturity": 66.103, "architecture_confidence": 95.649, "architecture_tenure": "Established", "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": 15.52, "rotation_up": 26.23, "upward_expansion": 8.99, "deceleration": 54.02, "rotation_down": 49.89, "downward_expansion": 79.99 }, "activity_lines": [ 0.028267, 0.029, 0.033267, 0.036403 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 0.029, "trend_reference": 0.040952, "distance_from_trend": -0.291852, "trend_direction": "Weakening", "fair_value": 0.059381, "distance_from_fair_value": -0.51163, "fair_value_direction": "Weakening", "relative_strength": -44.329322, "relative_strength_direction": "Weakening", "price_momentum": -0.431373, "excess_performance": -0.586208, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.291852, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.21626, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.51163, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.281261, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.443293, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.472568, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.431373, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.58134, "read": "Supply-led" } ], "volume": { "latest": 4393600, "relative_activity": 0.463542, "balance": 0.58134, "dry_up": 0.548011, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.170255, "annualized_volatility": 0.788916, "from_high_reference": -0.674157, "from_low_reference": 0.16 }, "levels": { "trend_reference": 0.040952, "fair_value_reference": 0.059381, "structural_low": 0.025, "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": 4, "median_return": -0.086434, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.13737, "regime_survival": 0.75, "best_return": 0.137931, "worst_return": -0.189189, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.42903, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.330769, "regime_survival": 0.5, "best_return": 1.206897, "worst_return": -0.348837, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.586207, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.406433, "regime_survival": 0.0, "best_return": 0.586207, "worst_return": 0.586207, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.206897, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": 0.030303, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": -0.078947, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-01-16", "tenure": "Developing", "return": 0.096154, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": -0.275862, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": 0.166667, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.095238, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": -0.325581, "active": true } ], "chart_path": [ { "date": "2024-02-16", "close": 0.19, "volume": 6296800, "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": 0.108, "volume": 4078000, "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": 0.105, "volume": 3000500, "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": 0.1, "volume": 105000, "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": 0.104, "volume": 22700, "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": 0.109, "volume": 16700, "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": 0.115, "volume": 94700, "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": 0.112, "volume": 150000, "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": 0.1, "volume": 58300, "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": 0.095, "volume": 291400, "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": 0.092, "volume": 77600, "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": 0.09, "volume": 338300, "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": 0.1, "volume": 2100, "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": 0.1, "volume": 100000, "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": 0.1, "volume": 11000, "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": 0.101, "volume": 258100, "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": 0.118, "volume": 100000, "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": 0.102, "volume": 261200, "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": 0.108, "volume": 273100, "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": 0.101, "volume": 120200, "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": 0.1, "volume": 253400, "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": 0.1, "volume": 10000, "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": 0.11, "volume": 61100, "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": 0.1, "volume": 103900, "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": 0.09, "volume": 215000, "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": 0.077, "volume": 35000, "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": 0.088, "volume": 148600, "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": 0.088, "volume": 0, "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": 0.084, "volume": 11000, "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": 0.083, "volume": 197000, "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": 0.08, "volume": 78200, "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": 0.085, "volume": 125000, "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": 0.09, "volume": 27000, "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": 0.085, "volume": 120900, "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": 0.084, "volume": 169600, "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": 0.079, "volume": 21600, "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": 0.075, "volume": 423300, "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": 0.064, "volume": 500, "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": 0.065, "volume": 30000, "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": 0.065, "volume": 252200, "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": 0.065, "volume": 0, "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": 0.08, "volume": 191700, "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": 0.082, "volume": 50000, "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": 0.06, "volume": 309600, "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": 0.055, "volume": 306800, "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": 0.055, "volume": 10000, "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": 0.054, "volume": 710100, "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": 0.058, "volume": 259900, "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": 0.033, "volume": 226400, "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": 0.049, "volume": 92500, "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": 0.05, "volume": 25100, "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": 0.05, "volume": 2000, "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": 0.041, "volume": 258700, "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": 0.045, "volume": 416400, "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": 0.051, "volume": 118700, "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": 0.042, "volume": 64700, "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": 0.049, "volume": 16600, "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": 0.049, "volume": 0, "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": 0.045, "volume": 363500, "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": 0.037, "volume": 7100, "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": 0.037, "volume": 0, "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": 0.033, "volume": 61700, "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": "2025-04-25", "close": 0.035, "volume": 2800, "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": "2025-05-02", "close": 0.034, "volume": 56000, "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": "2025-05-09", "close": 0.031, "volume": 271400, "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": "2025-05-16", "close": 0.035, "volume": 458300, "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": "2025-05-23", "close": 0.04, "volume": 200900, "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": "2025-05-30", "close": 0.03, "volume": 527000, "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": "2025-06-06", "close": 0.03, "volume": 1407300, "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": "2025-06-13", "close": 0.029, "volume": 200000, "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": "2025-06-20", "close": 0.029, "volume": 10000, "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": "2025-06-27", "close": 0.029, "volume": 184500, "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": "2025-07-04", "close": 0.029, "volume": 682000, "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": "2025-07-11", "close": 0.029, "volume": 136500, "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": "2025-07-18", "close": 0.03, "volume": 320000, "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": "2025-07-25", "close": 0.026, "volume": 448800, "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": "2025-08-01", "close": 0.028, "volume": 6034200, "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": "2025-08-08", "close": 0.029, "volume": 2119300, "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": "2025-08-15", "close": 0.029, "volume": 425000, "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": "2025-08-22", "close": 0.029, "volume": 210000, "typical_volume": 687785.0, "trend": 0.036, "fair_value": 0.068913, "relative_strength": -48.879595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.166994, "energy": 36.347235, "activity_lines": [ 0.028667, 0.028636, 0.029686, 0.032073 ] }, { "date": "2025-08-29", "close": 0.029, "volume": 672600, "typical_volume": 721415.0, "trend": 0.0353, "fair_value": 0.06842, "relative_strength": -47.753113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.360029, "energy": 35.376602, "activity_lines": [ 0.028933, 0.028691, 0.02949, 0.031622 ] }, { "date": "2025-09-05", "close": 0.029, "volume": 830000, "typical_volume": 759830.0, "trend": 0.0346, "fair_value": 0.067939, "relative_strength": -46.846748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.306002, "energy": 29.367392, "activity_lines": [ 0.029, 0.028745, 0.029333, 0.031215 ] }, { "date": "2025-09-12", "close": 0.035, "volume": 2163200, "typical_volume": 867850.0, "trend": 0.0344, "fair_value": 0.067542, "relative_strength": -34.97692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 10.409862, "energy": 14.99621, "activity_lines": [ 0.031, 0.029891, 0.029767, 0.031241 ] }, { "date": "2025-09-19", "close": 0.033, "volume": 400000, "typical_volume": 885050.0, "trend": 0.034, "fair_value": 0.067131, "relative_strength": -36.546681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.874364, "energy": 16.857808, "activity_lines": [ 0.031933, 0.030564, 0.03001, 0.031151 ] }, { "date": "2025-09-26", "close": 0.033, "volume": 0, "typical_volume": 871480.0, "trend": 0.0334, "fair_value": 0.066729, "relative_strength": -34.172671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.168117, "energy": 22.727292, "activity_lines": [ 0.0326, 0.031164, 0.030257, 0.031086 ] }, { "date": "2025-10-03", "close": 0.034, "volume": 3489200, "typical_volume": 1023025.0, "trend": 0.033133, "fair_value": 0.066349, "relative_strength": -32.661261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.902394, "energy": 29.313247, "activity_lines": [ 0.033333, 0.031891, 0.03059, 0.031125 ] }, { "date": "2025-10-10", "close": 0.038, "volume": 330300, "typical_volume": 1029495.0, "trend": 0.032767, "fair_value": 0.066023, "relative_strength": -23.066953, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.05676, "energy": 51.46334, "activity_lines": [ 0.035067, 0.0332, 0.03131, 0.031439 ] }, { "date": "2025-10-17", "close": 0.035, "volume": 1056100, "typical_volume": 1055950.0, "trend": 0.0323, "fair_value": 0.06567, "relative_strength": -25.792657, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.99404, "energy": 41.316118, "activity_lines": [ 0.0352, 0.033782, 0.031752, 0.031583 ] }, { "date": "2025-10-24", "close": 0.034, "volume": 50000, "typical_volume": 988085.0, "trend": 0.031933, "fair_value": 0.065315, "relative_strength": -27.752323, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.305989, "energy": 31.626559, "activity_lines": [ 0.035, 0.034073, 0.032076, 0.031692 ] }, { "date": "2025-10-31", "close": 0.035, "volume": 256400, "typical_volume": 990905.0, "trend": 0.031867, "fair_value": 0.064978, "relative_strength": -24.354731, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.344992, "energy": 47.084116, "activity_lines": [ 0.035067, 0.034455, 0.032476, 0.03189 ] }, { "date": "2025-11-07", "close": 0.052, "volume": 41364800, "typical_volume": 3058645.0, "trend": 0.032367, "fair_value": 0.064835, "relative_strength": 12.007283, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.031249, "energy": 63.317175, "activity_lines": [ 0.040667, 0.037818, 0.034467, 0.033189 ] }, { "date": "2025-11-14", "close": 0.048, "volume": 10531700, "typical_volume": 3576005.0, "trend": 0.032867, "fair_value": 0.064652, "relative_strength": 3.476295, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.584306, "energy": 72.863601, "activity_lines": [ 0.043733, 0.040036, 0.035967, 0.034198 ] }, { "date": "2025-11-21", "close": 0.064, "volume": 60941200, "typical_volume": 6588965.0, "trend": 0.033833, "fair_value": 0.064645, "relative_strength": 41.149705, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.804373, "energy": 85.129071, "activity_lines": [ 0.051467, 0.044818, 0.0389, 0.036206 ] }, { "date": "2025-11-28", "close": 0.076, "volume": 64334600, "typical_volume": 9798870.0, "trend": 0.035233, "fair_value": 0.064766, "relative_strength": 67.039037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.177551, "energy": 91.501709, "activity_lines": [ 0.061267, 0.051255, 0.04281, 0.038927 ] }, { "date": "2025-12-05", "close": 0.065, "volume": 18855400, "typical_volume": 10725640.0, "trend": 0.036367, "fair_value": 0.064768, "relative_strength": 44.635865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.417542, "energy": 81.739938, "activity_lines": [ 0.0646, 0.054909, 0.045448, 0.040847 ] }, { "date": "2025-12-12", "close": 0.069, "volume": 22219600, "typical_volume": 11814180.0, "trend": 0.0375, "fair_value": 0.064813, "relative_strength": 51.89917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.562155, "energy": 81.986683, "activity_lines": [ 0.067267, 0.058709, 0.0483, 0.042953 ] }, { "date": "2025-12-19", "close": 0.067, "volume": 17928800, "typical_volume": 12408910.0, "trend": 0.0384, "fair_value": 0.064835, "relative_strength": 48.069918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.20306, "energy": 69.501703, "activity_lines": [ 0.068133, 0.061509, 0.050757, 0.044856 ] }, { "date": "2025-12-26", "close": 0.062, "volume": 6571800, "typical_volume": 12631535.0, "trend": 0.039467, "fair_value": 0.064806, "relative_strength": 35.376351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.910021, "energy": 51.568638, "activity_lines": [ 0.066067, 0.062873, 0.052552, 0.046378 ] }, { "date": "2026-01-02", "close": 0.073, "volume": 28522500, "typical_volume": 14036410.0, "trend": 0.0409, "fair_value": 0.064889, "relative_strength": 58.256788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.060031, "energy": 52.192509, "activity_lines": [ 0.0678, 0.065745, 0.055238, 0.048542 ] }, { "date": "2026-01-09", "close": 0.067, "volume": 22062100, "typical_volume": 15129015.0, "trend": 0.042167, "fair_value": 0.06491, "relative_strength": 42.853831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.849682, "energy": 43.682913, "activity_lines": [ 0.067733, 0.066818, 0.057143, 0.050226 ] }, { "date": "2026-01-16", "close": 0.057, "volume": 39593500, "typical_volume": 17075060.0, "trend": 0.0431, "fair_value": 0.064832, "relative_strength": 18.203054, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.046915, "energy": 30.527698, "activity_lines": [ 0.0642, 0.065491, 0.057914, 0.051183 ] }, { "date": "2026-01-23", "close": 0.058, "volume": 28617100, "typical_volume": 18464415.0, "trend": 0.044067, "fair_value": 0.064765, "relative_strength": 19.471757, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.444259, "energy": 24.893101, "activity_lines": [ 0.0618, 0.064255, 0.058648, 0.052144 ] }, { "date": "2026-01-30", "close": 0.053, "volume": 14240900, "typical_volume": 19068300.0, "trend": 0.044867, "fair_value": 0.06465, "relative_strength": 9.32607, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.932651, "energy": 19.120392, "activity_lines": [ 0.058333, 0.061927, 0.058767, 0.05272 ] }, { "date": "2026-02-06", "close": 0.051, "volume": 10147100, "typical_volume": 19555655.0, "trend": 0.0456, "fair_value": 0.064519, "relative_strength": 5.110732, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.357908, "energy": 20.690966, "activity_lines": [ 0.0548, 0.059436, 0.05861, 0.053116 ] }, { "date": "2026-02-13", "close": 0.052, "volume": 11129200, "typical_volume": 20112115.0, "trend": 0.046333, "fair_value": 0.0644, "relative_strength": 7.107551, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.801385, "energy": 15.89362, "activity_lines": [ 0.053067, 0.057582, 0.058462, 0.053529 ] }, { "date": "2026-02-20", "close": 0.046, "volume": 7896800, "typical_volume": 20332495.0, "trend": 0.047, "fair_value": 0.064226, "relative_strength": -6.340098, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.769773, "energy": 21.634754, "activity_lines": [ 0.050333, 0.054873, 0.057652, 0.053508 ] }, { "date": "2026-02-27", "close": 0.042, "volume": 27519200, "typical_volume": 21691940.0, "trend": 0.047467, "fair_value": 0.064019, "relative_strength": -13.301031, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.82961, "energy": 52.672859, "activity_lines": [ 0.047, 0.051855, 0.056405, 0.053185 ] }, { "date": "2026-03-06", "close": 0.036, "volume": 10464800, "typical_volume": 22162375.0, "trend": 0.0477, "fair_value": 0.063759, "relative_strength": -22.931238, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.506771, "energy": 66.023467, "activity_lines": [ 0.042733, 0.0482, 0.054567, 0.052445 ] }, { "date": "2026-03-13", "close": 0.048, "volume": 71959000, "typical_volume": 25757825.0, "trend": 0.048333, "fair_value": 0.063615, "relative_strength": 3.476144, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.652955, "energy": 52.827852, "activity_lines": [ 0.0436, 0.0472, 0.053867, 0.052465 ] }, { "date": "2026-03-20", "close": 0.044, "volume": 21926900, "typical_volume": 26841350.0, "trend": 0.048833, "fair_value": 0.063436, "relative_strength": -6.516594, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.530032, "energy": 42.853102, "activity_lines": [ 0.043333, 0.045927, 0.052719, 0.052185 ] }, { "date": "2026-03-27", "close": 0.042, "volume": 18129400, "typical_volume": 25679580.0, "trend": 0.049267, "fair_value": 0.063243, "relative_strength": -9.337612, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.333301, "energy": 31.980727, "activity_lines": [ 0.042933, 0.044709, 0.051338, 0.051744 ] }, { "date": "2026-04-03", "close": 0.042, "volume": 7012400, "typical_volume": 25503615.0, "trend": 0.0497, "fair_value": 0.063054, "relative_strength": -10.025166, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.951356, "energy": 28.453565, "activity_lines": [ 0.0428, 0.043764, 0.050005, 0.051275 ] }, { "date": "2026-04-10", "close": 0.049, "volume": 18904000, "typical_volume": 23401755.0, "trend": 0.050167, "fair_value": 0.062929, "relative_strength": 4.240376, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.452653, "energy": 18.760158, "activity_lines": [ 0.045, 0.044382, 0.049367, 0.05123 ] }, { "date": "2026-04-17", "close": 0.049, "volume": 15277400, "typical_volume": 20948895.0, "trend": 0.0507, "fair_value": 0.062807, "relative_strength": 3.864686, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.403036, "energy": 13.798185, "activity_lines": [ 0.046333, 0.045073, 0.0488, 0.051155 ] }, { "date": "2026-04-24", "close": 0.046, "volume": 11430100, "typical_volume": 20577630.0, "trend": 0.051133, "fair_value": 0.062661, "relative_strength": -1.04597, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -36.996011, "energy": 19.304186, "activity_lines": [ 0.0466, 0.045255, 0.048076, 0.050852 ] }, { "date": "2026-05-01", "close": 0.043, "volume": 2840400, "typical_volume": 19608670.0, "trend": 0.051433, "fair_value": 0.062491, "relative_strength": -7.291109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.237005, "energy": 21.963445, "activity_lines": [ 0.045733, 0.045, 0.047157, 0.050327 ] }, { "date": "2026-05-08", "close": 0.048, "volume": 16496500, "typical_volume": 19537055.0, "trend": 0.051767, "fair_value": 0.062368, "relative_strength": 2.927461, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.163856, "energy": 17.925958, "activity_lines": [ 0.046467, 0.045709, 0.046838, 0.050105 ] }, { "date": "2026-05-15", "close": 0.046, "volume": 14269600, "typical_volume": 19921945.0, "trend": 0.052133, "fair_value": 0.062229, "relative_strength": -2.736949, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.059345, "energy": 18.867258, "activity_lines": [ 0.046133, 0.045945, 0.046419, 0.049733 ] }, { "date": "2026-05-22", "close": 0.035557, "volume": 11620223, "typical_volume": 19076831.15, "trend": 0.052185, "fair_value": 0.062005, "relative_strength": -25.493887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.554814, "energy": 38.115174, "activity_lines": [ 0.042519, 0.044101, 0.045082, 0.048664 ] }, { "date": "2026-05-29", "close": 0.037, "volume": 2487292, "typical_volume": 18098090.75, "trend": 0.052252, "fair_value": 0.061796, "relative_strength": -21.946922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.501424, "energy": 47.892264, "activity_lines": [ 0.040282, 0.042746, 0.04406, 0.047684 ] }, { "date": "2026-06-05", "close": 0.035, "volume": 434000, "typical_volume": 16140115.75, "trend": 0.051685, "fair_value": 0.061575, "relative_strength": -26.23822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.704439, "energy": 66.031886, "activity_lines": [ 0.037978, 0.041154, 0.042991, 0.046571 ] }, { "date": "2026-06-12", "close": 0.035, "volume": 616500, "typical_volume": 14740085.75, "trend": 0.051252, "fair_value": 0.061357, "relative_strength": -25.815287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.78825, "energy": 75.259651, "activity_lines": [ 0.036208, 0.039689, 0.042026, 0.045495 ] }, { "date": "2026-06-19", "close": 0.037, "volume": 16520600, "typical_volume": 14854070.75, "trend": 0.050352, "fair_value": 0.061159, "relative_strength": -24.043556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.098131, "energy": 67.792561, "activity_lines": [ 0.03597, 0.038715, 0.041361, 0.044575 ] }, { "date": "2026-06-26", "close": 0.03, "volume": 11985600, "typical_volume": 14945995.75, "trend": 0.048819, "fair_value": 0.060908, "relative_strength": -38.207949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.843026, "energy": 73.79334, "activity_lines": [ 0.034, 0.036687, 0.040106, 0.043262 ] }, { "date": "2026-07-03", "close": 0.028, "volume": 3057000, "typical_volume": 14542385.75, "trend": 0.047585, "fair_value": 0.060644, "relative_strength": -42.6831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.541229, "energy": 76.190206, "activity_lines": [ 0.031733, 0.034641, 0.038761, 0.041919 ] }, { "date": "2026-07-10", "close": 0.026, "volume": 17708500, "typical_volume": 15032970.75, "trend": 0.046152, "fair_value": 0.06037, "relative_strength": -48.718909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.669085, "energy": 79.97327, "activity_lines": [ 0.0294, 0.032558, 0.037339, 0.040526 ] }, { "date": "2026-07-17", "close": 0.027, "volume": 9039800, "typical_volume": 14109000.75, "trend": 0.044819, "fair_value": 0.060107, "relative_strength": -46.885522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.611707, "energy": 81.355349, "activity_lines": [ 0.028, 0.030966, 0.036108, 0.039291 ] }, { "date": "2026-07-24", "close": 0.029, "volume": 3902000, "typical_volume": 13780860.75, "trend": 0.043719, "fair_value": 0.059864, "relative_strength": -43.64951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.854757, "energy": 77.133684, "activity_lines": [ 0.0278, 0.030119, 0.035139, 0.03827 ] }, { "date": "2026-07-31", "close": 0.028, "volume": 3441500, "typical_volume": 10354985.75, "trend": 0.042219, "fair_value": 0.059617, "relative_strength": -45.780875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.985568, "energy": 66.949998, "activity_lines": [ 0.0278, 0.0294, 0.034107, 0.037256 ] }, { "date": "2026-08-07", "close": 0.029, "volume": 4393600, "typical_volume": 9478320.75, "trend": 0.040952, "fair_value": 0.059381, "relative_strength": -44.329322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.12269, "energy": 53.191666, "activity_lines": [ 0.028267, 0.029, 0.033267, 0.036403 ] } ], "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." } } }