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"stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.628248, "energy": 77.868517, "activity_lines": [ 27.63492, 27.186791, 26.73487, 26.596607 ] }, { "date": "2026-07-03", "close": 28.4077, "volume": 200654, "typical_volume": 327677.75, "trend": 26.475331, "fair_value": 25.534443, "relative_strength": -0.775392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.414287, "energy": 82.524543, "activity_lines": [ 27.997693, 27.448251, 26.916161, 26.72721 ] }, { "date": "2026-07-10", "close": 28.19, "volume": 112293, "typical_volume": 310995.6, "trend": 26.55674, "fair_value": 25.55639, "relative_strength": -2.673744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.707457, "energy": 80.582201, "activity_lines": [ 28.17272, 27.644355, 27.070779, 26.837834 ] }, { "date": "2026-07-17", "close": 28.4118, "volume": 53184, "typical_volume": 308984.1, "trend": 26.654467, "fair_value": 25.579795, "relative_strength": -0.234464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.967708, "energy": 82.24066, "activity_lines": [ 28.309473, 27.854267, 27.241839, 26.957515 ] }, { "date": "2026-07-24", "close": 28.0702, "volume": 42968, "typical_volume": 306104.0, "trend": 26.73414, "fair_value": 25.600042, "relative_strength": -0.709886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.630604, "energy": 68.521095, "activity_lines": [ 28.258907, 27.972778, 27.373274, 27.048853 ] }, { "date": "2026-07-31", "close": 28.47, "volume": 55964, "typical_volume": 303194.0, "trend": 26.83708, "fair_value": 25.623187, "relative_strength": -0.257576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.822424, "energy": 54.946662, "activity_lines": [ 28.31026, 28.125931, 27.532403, 27.160844 ] }, { "date": "2026-08-07", "close": 29.2334, "volume": 70234, "typical_volume": 303367.65, "trend": 26.93086, "fair_value": 25.652068, "relative_strength": -0.950825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.904418, "energy": 62.339673, "activity_lines": [ 28.61808, 28.383884, 27.74871, 27.315445 ] } ], "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." } } }