{ "ticker": { "uuid": "e679bdb7-875d-4a82-9ae2-f12bc90e0174", "symbol": "SHEL1N", "name": "Shell plc", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "up", "architecture_direction": 69.384, "architecture_energy": 56.772, "architecture_maturity": 18.169, "architecture_confidence": 61.269, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 26.04, "rotation_up": 79.51, "upward_expansion": 73.18, "deceleration": 59.2, "rotation_down": 8.67, "downward_expansion": 14.18 }, "activity_lines": [ 1528.596663, 1483.29818, 1480.043061, 1488.50307 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 1570.98999, "trend_reference": 1473.911291, "distance_from_trend": 0.065865, "trend_direction": "Improving", "fair_value": 1299.893324, "distance_from_fair_value": 0.208553, "fair_value_direction": "Improving", "relative_strength": 8.541294, "relative_strength_direction": "Improving", "price_momentum": 0.143745, "excess_performance": 0.198412, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065865, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.029266, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.208553, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.0677, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.085413, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.142966, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.143745, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.186862, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.186862, "dry_up": 0.015277, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.028837, "annualized_volatility": 0.284529, "from_high_reference": -0.072189, "from_low_reference": 0.25812 }, "levels": { "trend_reference": 1473.911291, "fair_value_reference": 1299.893324, "structural_low": 1336.588013, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.022304, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.036061, "regime_survival": 0.428571, "best_return": 0.074271, "worst_return": -0.045984, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.019704, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.026368, "regime_survival": 0.0, "best_return": 0.109988, "worst_return": -0.005378, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.025293, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.075579, "regime_survival": 0.0, "best_return": 0.167051, "worst_return": -0.02766, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.172304, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.207966, "regime_survival": 0.0, "best_return": 0.254734, "worst_return": 0.089874, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.021053, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.018387, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-09-26", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.021538, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.008578, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": -0.034729, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": -0.031297, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": -0.02974, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": 0.032282, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.061512, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": 0.037109, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-06-26", "tenure": "Developing", "return": -0.059499, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": 0.124583, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1041.673828, "volume": 2002, "typical_volume": 12637.45, "trend": 1057.54763, "fair_value": 910.085531, "relative_strength": -4.902756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.106644, "energy": 18.315037, "activity_lines": [ 1040.989266, 1033.665553, 1035.643149, 1044.270635 ] }, { "date": "2023-08-25", "close": 990.409363, "volume": 5903, "typical_volume": 12928.6, "trend": 1054.503491, "fair_value": 912.27574, "relative_strength": -9.298409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.819829, "energy": 31.300133, "activity_lines": [ 1024.904199, 1026.362002, 1030.402286, 1039.939134 ] }, { "date": "2023-09-01", "close": 990.409363, "volume": 0, "typical_volume": 12868.55, "trend": 1051.06238, "fair_value": 914.65763, "relative_strength": -8.85525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.480925, "energy": 48.462538, "activity_lines": [ 1012.333394, 1019.768699, 1025.503391, 1035.804029 ] }, { "date": "2023-09-08", "close": 1103.426025, "volume": 2026, "typical_volume": 12963.35, "trend": 1051.388491, "fair_value": 917.960743, "relative_strength": 2.911936, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 10.164809, "energy": 6.965967, "activity_lines": [ 1039.127747, 1034.75619, 1031.881208, 1039.182328 ] }, { "date": "2023-09-15", "close": 1090.135254, "volume": 2494, "typical_volume": 6242.15, "trend": 1049.995489, "fair_value": 921.292841, "relative_strength": 4.078037, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.070582, "energy": 34.256937, "activity_lines": [ 1057.206734, 1045.632888, 1037.014574, 1041.68212 ] }, { "date": "2023-09-22", "close": 1112.869873, "volume": 466, "typical_volume": 5987.35, "trend": 1052.22984, "fair_value": 924.750364, "relative_strength": 5.653625, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.450989, "energy": 67.007285, "activity_lines": [ 1080.426436, 1059.226999, 1044.28708, 1045.738531 ] }, { "date": "2023-09-29", "close": 1115.35498, "volume": 57, "typical_volume": 5987.4, "trend": 1052.424493, "fair_value": 928.564399, "relative_strength": 7.63593, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.386854, "energy": 76.941775, "activity_lines": [ 1099.728104, 1071.462946, 1051.603313, 1049.811121 ] }, { "date": "2023-10-06", "close": 1162.57373, "volume": 352, "typical_volume": 5493.9, "trend": 1054.193105, "fair_value": 932.457449, "relative_strength": 14.830683, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.790702, "energy": 95.033694, "activity_lines": [ 1126.439648, 1090.970817, 1063.164266, 1056.917523 ] }, { "date": "2023-10-13", "close": 1181.95813, "volume": 3051, "typical_volume": 4683.45, "trend": 1056.622097, "fair_value": 936.638448, "relative_strength": 17.255746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.110684, "energy": 95.734741, "activity_lines": [ 1148.135034, 1111.334574, 1076.000697, 1065.160428 ] }, { "date": "2023-10-20", "close": 1181.95813, "volume": 0, "typical_volume": 4683.45, "trend": 1062.09637, "fair_value": 940.819447, "relative_strength": 19.620218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.773895, "energy": 93.430043, "activity_lines": [ 1164.594946, 1129.101808, 1088.138874, 1073.246624 ] }, { "date": "2023-10-27", "close": 1197.863525, "volume": 947, "typical_volume": 4699.2, "trend": 1067.85756, "fair_value": 945.050674, "relative_strength": 19.15983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.279348, "energy": 93.718669, "activity_lines": [ 1180.235132, 1147.426654, 1101.093596, 1082.005795 ] }, { "date": "2023-11-03", "close": 1173.01123, "volume": 2728, "typical_volume": 1333.75, "trend": 1071.550521, "fair_value": 949.090538, "relative_strength": 11.27608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.216626, "energy": 86.957724, "activity_lines": [ 1181.924975, 1158.393089, 1110.74825, 1088.789903 ] }, { "date": "2023-11-10", "close": 1179.761108, "volume": 163, "typical_volume": 1309.3, "trend": 1074.269694, "fair_value": 952.661897, "relative_strength": 11.681507, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.292474, "energy": 74.112328, "activity_lines": [ 1182.021028, 1167.266741, 1120.362234, 1095.771231 ] }, { "date": "2023-11-17", "close": 1143.841919, "volume": 23114, "typical_volume": 2449.0, "trend": 1075.467537, "fair_value": 955.733113, "relative_strength": 5.270818, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.696506, "energy": 59.381297, "activity_lines": [ 1168.998193, 1166.166872, 1125.924034, 1100.259762 ] }, { "date": "2023-11-24", "close": 1094.109863, "volume": 16, "typical_volume": 2248.45, "trend": 1075.782454, "fair_value": 958.098161, "relative_strength": 0.272676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.821083, "energy": 30.713402, "activity_lines": [ 1141.939087, 1155.289977, 1126.11325, 1101.462493 ] }, { "date": "2023-12-01", "close": 1094.109863, "volume": 0, "typical_volume": 2245.85, "trend": 1076.507776, "fair_value": 960.321595, "relative_strength": -1.381604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.219576, "energy": 29.556416, "activity_lines": [ 1120.736531, 1144.340816, 1125.912641, 1102.644906 ] }, { "date": "2023-12-08", "close": 1129.111328, "volume": 719, "typical_volume": 2278.15, "trend": 1078.732438, "fair_value": 962.733265, "relative_strength": 1.004547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.421234, "energy": 36.329801, "activity_lines": [ 1118.118042, 1140.096648, 1128.66079, 1106.038684 ] }, { "date": "2023-12-15", "close": 1098.088379, "volume": 8, "typical_volume": 2269.3, "trend": 1080.577519, "fair_value": 964.947594, "relative_strength": -6.227963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.229037, "energy": 28.15029, "activity_lines": [ 1108.085229, 1129.96183, 1128.044906, 1107.287454 ] }, { "date": "2023-12-22", "close": 1098.088379, "volume": 6, "typical_volume": 2214.95, "trend": 1082.669641, "fair_value": 967.41435, "relative_strength": -6.294183, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.526037, "energy": 24.917733, "activity_lines": [ 1103.497266, 1120.999472, 1127.037189, 1108.417187 ] }, { "date": "2023-12-29", "close": 1079.995972, "volume": 4205, "typical_volume": 2412.85, "trend": 1084.158683, "fair_value": 969.788943, "relative_strength": -7.543751, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.114184, "energy": 30.846117, "activity_lines": [ 1095.928735, 1110.27249, 1124.025724, 1108.244692 ] }, { "date": "2024-01-05", "close": 1079.995972, "volume": 0, "typical_volume": 2312.75, "trend": 1086.762044, "fair_value": 971.61264, "relative_strength": -5.32586, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -19.509492, "energy": 47.179927, "activity_lines": [ 1089.301131, 1101.399365, 1120.888434, 1107.97613 ] }, { "date": "2024-01-12", "close": 1079.995972, "volume": 0, "typical_volume": 2017.6, "trend": 1088.446142, "fair_value": 973.487141, "relative_strength": -4.217416, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.470482, "energy": 66.232114, "activity_lines": [ 1083.614453, 1094.669287, 1117.568658, 1107.539609 ] }, { "date": "2024-01-19", "close": 1061.077515, "volume": 9, "typical_volume": 2018.05, "trend": 1088.90918, "fair_value": 975.526136, "relative_strength": -5.510548, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.730148, "energy": 71.401434, "activity_lines": [ 1074.89598, 1086.190676, 1112.020522, 1105.773891 ] }, { "date": "2024-01-26", "close": 1056.16394, "volume": 474, "typical_volume": 1940.45, "trend": 1090.439974, "fair_value": 977.533508, "relative_strength": -8.168002, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.123962, "energy": 72.590586, "activity_lines": [ 1067.007039, 1078.976571, 1105.667911, 1103.661295 ] }, { "date": "2024-02-02", "close": 1056.16394, "volume": 0, "typical_volume": 1815.75, "trend": 1091.90388, "fair_value": 979.536434, "relative_strength": -10.151105, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.098163, "energy": 77.49951, "activity_lines": [ 1061.913061, 1073.356612, 1099.540357, 1101.449938 ] }, { "date": "2024-02-09", "close": 1084.063843, "volume": 9686, "typical_volume": 2276.75, "trend": 1094.262014, "fair_value": 981.622759, "relative_strength": -6.158601, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.070298, "energy": 59.279985, "activity_lines": [ 1067.707853, 1073.499288, 1096.231705, 1100.944129 ] }, { "date": "2024-02-16", "close": 1084.748535, "volume": 0, "typical_volume": 2273.9, "trend": 1095.649522, "fair_value": 983.467721, "relative_strength": -5.592876, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.802345, "energy": 48.652033, "activity_lines": [ 1073.459684, 1073.949108, 1093.125434, 1100.330357 ] }, { "date": "2024-02-23", "close": 1056.393311, "volume": 9, "typical_volume": 2256.75, "trend": 1097.002519, "fair_value": 984.775915, "relative_strength": -7.187259, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -55.613238, "energy": 64.348948, "activity_lines": [ 1069.442936, 1070.050029, 1087.46441, 1097.797698 ] }, { "date": "2024-03-01", "close": 1064.942627, "volume": 202, "typical_volume": 2114.3, "trend": 1097.862292, "fair_value": 985.770376, "relative_strength": -4.424253, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.7741, "energy": 47.466101, "activity_lines": [ 1068.588241, 1068.463463, 1083.123227, 1095.729318 ] }, { "date": "2024-03-08", "close": 1072.904907, "volume": 489, "typical_volume": 2138.75, "trend": 1098.506693, "fair_value": 986.803237, "relative_strength": -2.518601, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.962942, "energy": 53.680363, "activity_lines": [ 1069.802393, 1068.927235, 1080.097574, 1094.119164 ] }, { "date": "2024-03-15", "close": 1088.829102, "volume": 1812, "typical_volume": 2182.0, "trend": 1100.078536, "fair_value": 987.896562, "relative_strength": -3.160213, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.877603, "energy": 44.891916, "activity_lines": [ 1075.208545, 1072.415243, 1079.107811, 1093.494803 ] }, { "date": "2024-03-22", "close": 1089.535767, "volume": 5, "typical_volume": 2045.85, "trend": 1103.382749, "fair_value": 989.493508, "relative_strength": -3.747826, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.232449, "energy": 28.145357, "activity_lines": [ 1080.532569, 1075.871134, 1078.704562, 1092.814624 ] }, { "date": "2024-03-29", "close": 1146.54541, "volume": 463, "typical_volume": 2060.85, "trend": 1108.587284, "fair_value": 991.4559, "relative_strength": -0.143711, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 27.926888, "energy": 42.890264, "activity_lines": [ 1104.540658, 1089.518963, 1084.128305, 1095.599312 ] }, { "date": "2024-04-05", "close": 1169.446289, "volume": 20, "typical_volume": 906.15, "trend": 1110.78796, "fair_value": 993.96876, "relative_strength": 0.555819, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.897862, "energy": 74.442039, "activity_lines": [ 1130.172233, 1105.776627, 1091.891253, 1099.5257 ] }, { "date": "2024-04-12", "close": 1186.365967, "volume": 25, "typical_volume": 906.6, "trend": 1113.99565, "fair_value": 996.572673, "relative_strength": 4.68232, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.636823, "energy": 84.404191, "activity_lines": [ 1154.47679, 1123.050917, 1101.143675, 1104.4017 ] }, { "date": "2024-04-19", "close": 1186.365967, "volume": 0, "typical_volume": 906.6, "trend": 1116.44552, "fair_value": 999.215911, "relative_strength": 5.919832, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.329194, "energy": 85.733874, "activity_lines": [ 1171.217277, 1137.957897, 1109.956781, 1109.070753 ] }, { "date": "2024-04-26", "close": 1231.700684, "volume": 6000, "typical_volume": 1170.65, "trend": 1120.32371, "fair_value": 1002.149756, "relative_strength": 6.054894, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 68.826232, "energy": 89.048275, "activity_lines": [ 1196.566878, 1159.247514, 1122.648164, 1116.50657 ] }, { "date": "2024-05-03", "close": 1223.489746, "volume": 700, "typical_volume": 1205.25, "trend": 1122.354244, "fair_value": 1005.030968, "relative_strength": 6.442872, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.482369, "energy": 94.854693, "activity_lines": [ 1209.701839, 1176.372377, 1134.069033, 1123.162443 ] }, { "date": "2024-05-10", "close": 1258.214844, "volume": 1613, "typical_volume": 1285.6, "trend": 1124.896134, "fair_value": 1008.134775, "relative_strength": 8.103919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.622928, "energy": 98.043346, "activity_lines": [ 1229.28221, 1196.772776, 1148.199905, 1131.927643 ] }, { "date": "2024-05-17", "close": 1197.796265, "volume": 3234, "typical_volume": 1237.05, "trend": 1125.424072, "fair_value": 1010.851285, "relative_strength": 2.997229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.417527, "energy": 68.481124, "activity_lines": [ 1222.805152, 1202.673939, 1155.814119, 1136.630877 ] }, { "date": "2024-05-24", "close": 1175.061768, "volume": 77, "typical_volume": 1240.9, "trend": 1124.664014, "fair_value": 1013.42206, "relative_strength": 4.795344, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.997893, "energy": 65.483908, "activity_lines": [ 1207.987907, 1202.170805, 1160.702189, 1139.833309 ] }, { "date": "2024-05-31", "close": 1175.86853, "volume": 8, "typical_volume": 1241.3, "trend": 1124.759257, "fair_value": 1015.998007, "relative_strength": 5.12586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.573493, "energy": 54.659258, "activity_lines": [ 1194.193197, 1200.246489, 1165.2144, 1143.136826 ] }, { "date": "2024-06-07", "close": 1175.86853, "volume": 0, "typical_volume": 1240.85, "trend": 1124.629504, "fair_value": 1018.573954, "relative_strength": 9.100244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.486838, "energy": 37.759149, "activity_lines": [ 1184.12063, 1196.752486, 1169.270074, 1146.434199 ] }, { "date": "2024-06-14", "close": 1324.434204, "volume": 5, "typical_volume": 1217.4, "trend": 1130.649247, "fair_value": 1022.102245, "relative_strength": 23.887977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.172327, "energy": 65.339691, "activity_lines": [ 1226.744702, 1219.737276, 1186.928237, 1159.324825 ] }, { "date": "2024-06-21", "close": 1324.434204, "volume": 0, "typical_volume": 1217.4, "trend": 1138.326725, "fair_value": 1025.630536, "relative_strength": 21.935496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.892238, "energy": 80.435044, "activity_lines": [ 1264.95415, 1239.904104, 1203.308922, 1171.82708 ] }, { "date": "2024-06-28", "close": 1272.651611, "volume": 351, "typical_volume": 750.65, "trend": 1144.278117, "fair_value": 1028.826887, "relative_strength": 17.354965, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.195262, "energy": 84.422469, "activity_lines": [ 1277.460205, 1248.145583, 1213.480454, 1180.493202 ] }, { "date": "2024-07-05", "close": 1272.651611, "volume": 0, "typical_volume": 750.65, "trend": 1149.062793, "fair_value": 1032.023238, "relative_strength": 16.991906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.433202, "energy": 86.650014, "activity_lines": [ 1283.46027, 1254.818233, 1222.753949, 1188.775363 ] }, { "date": "2024-07-12", "close": 1301.530396, "volume": 43, "typical_volume": 752.35, "trend": 1155.844194, "fair_value": 1035.40471, "relative_strength": 13.434526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.426101, "energy": 88.844398, "activity_lines": [ 1292.634391, 1265.997008, 1233.883028, 1198.611982 ] }, { "date": "2024-07-19", "close": 1291.572266, "volume": 15050, "typical_volume": 1494.75, "trend": 1162.293656, "fair_value": 1038.722348, "relative_strength": 14.749426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.328427, "energy": 64.463015, "activity_lines": [ 1290.111678, 1273.946294, 1242.896394, 1207.368632 ] }, { "date": "2024-07-26", "close": 1273.856567, "volume": 158, "typical_volume": 1478.2, "trend": 1168.755676, "fair_value": 1041.926423, "relative_strength": 14.425135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.85833, "energy": 61.10947, "activity_lines": [ 1283.874528, 1278.068044, 1249.143362, 1214.566239 ] }, { "date": "2024-08-02", "close": 1273.856567, "volume": 0, "typical_volume": 1387.6, "trend": 1175.217696, "fair_value": 1045.130498, "relative_strength": 15.149643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.409896, "energy": 56.038982, "activity_lines": [ 1281.00922, 1280.80688, 1254.433417, 1221.346942 ] }, { "date": "2024-08-09", "close": 1314.485962, "volume": 229, "typical_volume": 1398.8, "trend": 1183.034029, "fair_value": 1048.595018, "relative_strength": 16.482218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.553077, "energy": 61.559435, "activity_lines": [ 1291.606714, 1289.13661, 1262.711855, 1230.331991 ] }, { "date": "2024-08-16", "close": 1312.780029, "volume": 37, "typical_volume": 1377.5, "trend": 1191.424113, "fair_value": 1052.048603, "relative_strength": 13.628894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.236839, "energy": 65.837993, "activity_lines": [ 1298.846606, 1294.635853, 1269.756632, 1238.702701 ] }, { "date": "2024-08-23", "close": 1339.083496, "volume": 39, "typical_volume": 1378.45, "trend": 1200.854765, "fair_value": 1055.6708, "relative_strength": 16.51743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.206442, "energy": 68.706993, "activity_lines": [ 1314.104346, 1302.428245, 1278.514908, 1248.229113 ] }, { "date": "2024-08-30", "close": 1339.083496, "volume": 0, "typical_volume": 1377.2, "trend": 1210.285417, "fair_value": 1059.292997, "relative_strength": 17.089767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.494893, "energy": 80.943888, "activity_lines": [ 1326.194669, 1309.954286, 1286.465388, 1257.147095 ] }, { "date": "2024-09-06", "close": 1339.083496, "volume": 0, "typical_volume": 1377.2, "trend": 1218.786072, "fair_value": 1062.915193, "relative_strength": 20.726131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.80692, "energy": 77.482109, "activity_lines": [ 1333.936531, 1317.213976, 1293.688641, 1265.456649 ] }, { "date": "2024-09-13", "close": 1305.198242, "volume": 1632, "typical_volume": 1158.8, "trend": 1226.134395, "fair_value": 1066.320177, "relative_strength": 15.165624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.848094, "energy": 67.294059, "activity_lines": [ 1326.034847, 1317.104858, 1296.957501, 1271.031627 ] }, { "date": "2024-09-20", "close": 1295.234863, "volume": 198, "typical_volume": 1133.7, "trend": 1234.09578, "fair_value": 1069.661292, "relative_strength": 13.577212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.649411, "energy": 52.092787, "activity_lines": [ 1315.431217, 1314.59246, 1298.927479, 1275.489722 ] }, { "date": "2024-09-27", "close": 1338.077148, "volume": 14, "typical_volume": 1053.75, "trend": 1243.200264, "fair_value": 1073.277038, "relative_strength": 15.678319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.596909, "energy": 54.443039, "activity_lines": [ 1320.278027, 1319.984033, 1304.636032, 1282.198197 ] }, { "date": "2024-10-04", "close": 1325.124756, "volume": 252, "typical_volume": 904.65, "trend": 1251.607593, "fair_value": 1076.809756, "relative_strength": 14.745814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.081849, "energy": 36.748351, "activity_lines": [ 1320.874463, 1322.175082, 1308.730726, 1287.483649 ] }, { "date": "2024-10-11", "close": 1313.178955, "volume": 436, "typical_volume": 922.6, "trend": 1259.085921, "fair_value": 1080.265898, "relative_strength": 14.063711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.785889, "energy": 33.451106, "activity_lines": [ 1318.419547, 1321.262018, 1311.081399, 1291.455994 ] }, { "date": "2024-10-18", "close": 1330.106445, "volume": 363, "typical_volume": 940.35, "trend": 1267.104944, "fair_value": 1083.830549, "relative_strength": 14.097674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.174669, "energy": 41.066109, "activity_lines": [ 1323.334098, 1322.711727, 1314.386513, 1296.037964 ] }, { "date": "2024-10-25", "close": 1311.803833, "volume": 2384, "typical_volume": 1059.55, "trend": 1272.613558, "fair_value": 1087.277876, "relative_strength": 15.141, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.592011, "energy": 27.765718, "activity_lines": [ 1320.487231, 1320.54968, 1315.214055, 1298.921763 ] }, { "date": "2024-11-01", "close": 1359.996338, "volume": 810, "typical_volume": 1099.8, "trend": 1278.965226, "fair_value": 1091.03413, "relative_strength": 21.687068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.431266, "energy": 41.91227, "activity_lines": [ 1332.599935, 1327.167656, 1319.984049, 1304.559362 ] }, { "date": "2024-11-08", "close": 1355.014771, "volume": 5, "typical_volume": 1100.05, "trend": 1284.586853, "fair_value": 1094.75845, "relative_strength": 18.061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.766312, "energy": 46.904053, "activity_lines": [ 1341.590837, 1332.499658, 1324.110264, 1309.465784 ] }, { "date": "2024-11-15", "close": 1327.524536, "volume": 4806, "typical_volume": 1322.8, "trend": 1289.292139, "fair_value": 1098.306551, "relative_strength": 18.346648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.868763, "energy": 35.906082, "activity_lines": [ 1339.425659, 1332.543777, 1325.472739, 1312.235957 ] }, { "date": "2024-11-22", "close": 1327.524536, "volume": 1229, "typical_volume": 1384.25, "trend": 1292.486267, "fair_value": 1101.854651, "relative_strength": 17.862214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.646005, "energy": 38.114822, "activity_lines": [ 1336.30411, 1332.798058, 1326.573915, 1314.702563 ] }, { "date": "2024-11-29", "close": 1327.524536, "volume": 0, "typical_volume": 1382.1, "trend": 1295.954093, "fair_value": 1105.402752, "relative_strength": 18.673941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.887014, "energy": 28.068308, "activity_lines": [ 1333.354687, 1332.646407, 1327.413792, 1316.963097 ] }, { "date": "2024-12-06", "close": 1327.524536, "volume": 0, "typical_volume": 629.6, "trend": 1298.264416, "fair_value": 1108.950853, "relative_strength": 14.623589, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.912658, "energy": 15.866776, "activity_lines": [ 1329.357218, 1331.90767, 1328.129886, 1318.9999 ] }, { "date": "2024-12-13", "close": 1327.524536, "volume": 0, "typical_volume": 621.7, "trend": 1302.588692, "fair_value": 1112.498954, "relative_strength": 13.393835, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.431148, "energy": 15.020226, "activity_lines": [ 1327.524536, 1331.3608, 1328.67478, 1320.887649 ] }, { "date": "2024-12-20", "close": 1327.524536, "volume": 0, "typical_volume": 621.7, "trend": 1307.670784, "fair_value": 1116.047055, "relative_strength": 17.287044, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.400716, "energy": 13.454086, "activity_lines": [ 1327.524536, 1330.770297, 1328.964111, 1322.496413 ] }, { "date": "2024-12-27", "close": 1327.524536, "volume": 0, "typical_volume": 610.25, "trend": 1312.725985, "fair_value": 1119.595155, "relative_strength": 17.189512, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.945396, "energy": 12.732325, "activity_lines": [ 1327.524536, 1329.918965, 1328.997881, 1323.777301 ] }, { "date": "2025-01-03", "close": 1327.524536, "volume": 0, "typical_volume": 608.4, "trend": 1317.781185, "fair_value": 1123.143256, "relative_strength": 17.212937, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.856305, "energy": 13.051615, "activity_lines": [ 1327.524536, 1329.114577, 1328.969563, 1324.732046 ] }, { "date": "2025-01-10", "close": 1344.719727, "volume": 15, "typical_volume": 607.2, "trend": 1318.457369, "fair_value": 1126.801583, "relative_strength": 16.455788, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.284944, "energy": 29.33341, "activity_lines": [ 1333.256266, 1331.150757, 1330.508669, 1326.470016 ] }, { "date": "2025-01-17", "close": 1348.208618, "volume": 225, "typical_volume": 618.45, "trend": 1319.249849, "fair_value": 1130.482274, "relative_strength": 15.205189, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.181954, "energy": 57.904117, "activity_lines": [ 1339.004614, 1334.099037, 1332.353212, 1328.389452 ] }, { "date": "2025-01-24", "close": 1374.375366, "volume": 3870, "typical_volume": 811.95, "trend": 1322.640641, "fair_value": 1134.3307, "relative_strength": 13.440177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.84706, "energy": 84.440957, "activity_lines": [ 1352.096273, 1341.928655, 1336.646373, 1331.945937 ] }, { "date": "2025-01-31", "close": 1374.375366, "volume": 0, "typical_volume": 730.35, "trend": 1326.031433, "fair_value": 1138.179127, "relative_strength": 12.966406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.884068, "energy": 96.026303, "activity_lines": [ 1362.064543, 1348.906441, 1340.771478, 1335.283661 ] }, { "date": "2025-02-07", "close": 1374.375366, "volume": 0, "typical_volume": 720.45, "trend": 1328.459599, "fair_value": 1139.882789, "relative_strength": 8.899918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.575371, "energy": 93.347117, "activity_lines": [ 1368.909424, 1355.032393, 1344.567168, 1338.402624 ] }, { "date": "2025-02-14", "close": 1376.335449, "volume": 447, "typical_volume": 742.1, "trend": 1331.285038, "fair_value": 1141.621886, "relative_strength": 5.962607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.735556, "energy": 93.601978, "activity_lines": [ 1373.284277, 1360.66289, 1348.172672, 1341.491389 ] }, { "date": "2025-02-21", "close": 1383.317017, "volume": 202, "typical_volume": 739.6, "trend": 1334.93372, "fair_value": 1143.75515, "relative_strength": 6.566783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.939148, "energy": 95.382496, "activity_lines": [ 1377.878605, 1366.675293, 1352.260906, 1344.848291 ] }, { "date": "2025-02-28", "close": 1383.317017, "volume": 0, "typical_volume": 717.8, "trend": 1338.582401, "fair_value": 1145.863002, "relative_strength": 8.81551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.700194, "energy": 93.122555, "activity_lines": [ 1380.132373, 1371.673287, 1356.072034, 1347.969794 ] }, { "date": "2025-03-07", "close": 1383.317017, "volume": 0, "typical_volume": 699.65, "trend": 1340.87677, "fair_value": 1147.970855, "relative_strength": 7.193011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.227476, "energy": 90.938586, "activity_lines": [ 1381.790031, 1375.656872, 1359.549171, 1350.855898 ] }, { "date": "2025-03-14", "close": 1355.391235, "volume": 904, "typical_volume": 625.65, "trend": 1342.297143, "fair_value": 1150.020404, "relative_strength": 5.204983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.496729, "energy": 60.960691, "activity_lines": [ 1373.542985, 1373.548633, 1360.113325, 1351.792315 ] }, { "date": "2025-03-21", "close": 1438.609741, "volume": 162, "typical_volume": 593.25, "trend": 1345.614685, "fair_value": 1152.603406, "relative_strength": 10.566817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.211481, "energy": 75.232526, "activity_lines": [ 1394.30105, 1386.064364, 1368.395493, 1358.006031 ] }, { "date": "2025-03-28", "close": 1438.609741, "volume": 0, "typical_volume": 593.0, "trend": 1348.932227, "fair_value": 1154.85745, "relative_strength": 8.926468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.026018, "energy": 77.041644, "activity_lines": [ 1410.907495, 1396.873005, 1376.303312, 1364.005712 ] }, { "date": "2025-04-04", "close": 1327.405762, "volume": 110, "typical_volume": 358.2, "trend": 1348.542969, "fair_value": 1156.759368, "relative_strength": 3.412965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.377698, "energy": 32.087643, "activity_lines": [ 1386.759766, 1385.819083, 1373.222203, 1362.616908 ] }, { "date": "2025-04-11", "close": 1242.691284, "volume": 3140, "typical_volume": 453.75, "trend": 1346.459403, "fair_value": 1157.673536, "relative_strength": -3.508443, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -39.69567, "energy": 32.504186, "activity_lines": [ 1338.101294, 1360.216522, 1362.073615, 1355.787767 ] }, { "date": "2025-04-18", "close": 1242.691284, "volume": 0, "typical_volume": 453.75, "trend": 1344.707951, "fair_value": 1158.250996, "relative_strength": -6.432597, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.620896, "energy": 59.897144, "activity_lines": [ 1298.817871, 1337.008216, 1351.328995, 1349.09305 ] }, { "date": "2025-04-25", "close": 1242.691284, "volume": 0, "typical_volume": 453.75, "trend": 1341.528422, "fair_value": 1158.828457, "relative_strength": -12.579868, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.296266, "energy": 65.001866, "activity_lines": [ 1267.047778, 1316.194167, 1340.988343, 1342.511329 ] }, { "date": "2025-05-02", "close": 1272.77124, "volume": 16, "typical_volume": 454.55, "trend": 1339.783305, "fair_value": 1159.598738, "relative_strength": -9.103949, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.806148, "energy": 87.915755, "activity_lines": [ 1258.365568, 1303.279095, 1333.916416, 1338.075382 ] }, { "date": "2025-05-09", "close": 1290.264648, "volume": 140, "typical_volume": 461.55, "trend": 1339.019495, "fair_value": 1160.481156, "relative_strength": -9.129897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.656251, "energy": 87.433127, "activity_lines": [ 1266.570394, 1295.554565, 1328.771258, 1334.88063 ] }, { "date": "2025-05-16", "close": 1301.650757, "volume": 603, "typical_volume": 491.7, "trend": 1338.070972, "fair_value": 1161.433384, "relative_strength": -10.710686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.211709, "energy": 58.558422, "activity_lines": [ 1281.046663, 1291.592099, 1324.88792, 1332.469744 ] }, { "date": "2025-05-23", "close": 1291.352417, "volume": 144, "typical_volume": 498.9, "trend": 1337.389258, "fair_value": 1162.402224, "relative_strength": -12.119665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.682976, "energy": 40.015017, "activity_lines": [ 1288.159521, 1287.242048, 1320.146995, 1329.455643 ] }, { "date": "2025-05-30", "close": 1291.352417, "volume": 0, "typical_volume": 498.15, "trend": 1335.101127, "fair_value": 1163.286402, "relative_strength": -11.324503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.916202, "energy": 32.108726, "activity_lines": [ 1292.028304, 1284.056339, 1315.578319, 1326.485524 ] }, { "date": "2025-06-06", "close": 1291.352417, "volume": 0, "typical_volume": 486.9, "trend": 1332.979049, "fair_value": 1163.937454, "relative_strength": -11.663139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.987353, "energy": 30.506679, "activity_lines": [ 1292.653011, 1283.548036, 1311.263773, 1323.663027 ] }, { "date": "2025-06-13", "close": 1325.590332, "volume": 949, "typical_volume": 340.85, "trend": 1332.914575, "fair_value": 1165.939296, "relative_strength": -8.177661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.450934, "energy": 21.394659, "activity_lines": [ 1303.451611, 1291.942214, 1310.480724, 1323.186336 ] }, { "date": "2025-06-20", "close": 1325.590332, "volume": 0, "typical_volume": 340.85, "trend": 1332.850102, "fair_value": 1168.14452, "relative_strength": -6.152093, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.478673, "energy": 23.918551, "activity_lines": [ 1311.895166, 1300.3694, 1309.929986, 1322.713804 ] }, { "date": "2025-06-27", "close": 1313.226196, "volume": 700, "typical_volume": 375.85, "trend": 1332.37349, "fair_value": 1169.793809, "relative_strength": -8.75592, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.689487, "energy": 20.666778, "activity_lines": [ 1314.62137, 1305.041306, 1308.43402, 1321.447745 ] }, { "date": "2025-07-04", "close": 1322.207397, "volume": 375, "typical_volume": 372.25, "trend": 1332.196252, "fair_value": 1171.928791, "relative_strength": -8.955212, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.812162, "energy": 20.823962, "activity_lines": [ 1318.883056, 1310.063705, 1308.084593, 1320.791868 ] }, { "date": "2025-07-11", "close": 1322.207397, "volume": 0, "typical_volume": 362.15, "trend": 1332.019014, "fair_value": 1174.207665, "relative_strength": -6.705519, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.77627, "energy": 21.21967, "activity_lines": [ 1321.087744, 1313.640356, 1307.992919, 1320.147426 ] }, { "date": "2025-07-18", "close": 1322.207397, "volume": 19, "typical_volume": 363.1, "trend": 1331.841776, "fair_value": 1176.422983, "relative_strength": -6.133932, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.381644, "energy": 16.168832, "activity_lines": [ 1321.235433, 1316.318168, 1308.192243, 1319.514419 ] }, { "date": "2025-07-25", "close": 1322.207397, "volume": 0, "typical_volume": 363.1, "trend": 1331.664538, "fair_value": 1178.31416, "relative_strength": -7.778308, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.192971, "energy": 24.903526, "activity_lines": [ 1321.60865, 1318.415203, 1308.682565, 1318.892846 ] }, { "date": "2025-08-01", "close": 1343.162964, "volume": 5, "typical_volume": 318.15, "trend": 1332.185819, "fair_value": 1180.225265, "relative_strength": -5.563641, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 22.915396, "energy": 46.608302, "activity_lines": [ 1329.192586, 1323.948584, 1311.459653, 1319.63468 ] }, { "date": "2025-08-08", "close": 1327.196777, "volume": 185, "typical_volume": 319.3, "trend": 1331.601721, "fair_value": 1182.090587, "relative_strength": -8.431026, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.36878, "energy": 32.611607, "activity_lines": [ 1329.458675, 1325.637011, 1312.774382, 1319.312806 ] }, { "date": "2025-08-15", "close": 1327.911621, "volume": 342, "typical_volume": 336.4, "trend": 1330.925154, "fair_value": 1183.960491, "relative_strength": -8.669101, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 3.625122, "energy": 30.697835, "activity_lines": [ 1329.63042, 1326.803695, 1314.68773, 1319.074735 ] }, { "date": "2025-08-22", "close": 1355.867676, "volume": 210, "typical_volume": 341.4, "trend": 1330.308231, "fair_value": 1186.009601, "relative_strength": -8.01944, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 47.124592, "energy": 59.433566, "activity_lines": [ 1338.740568, 1332.388585, 1319.790693, 1320.68393 ] }, { "date": "2025-08-29", "close": 1355.867676, "volume": 0, "typical_volume": 184.4, "trend": 1329.691309, "fair_value": 1187.963901, "relative_strength": -7.05116, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.314413, "energy": 62.13941, "activity_lines": [ 1345.606698, 1337.422978, 1324.758123, 1322.332926 ] }, { "date": "2025-09-05", "close": 1355.867676, "volume": 0, "typical_volume": 184.4, "trend": 1329.074386, "fair_value": 1189.9182, "relative_strength": -9.506979, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.664268, "energy": 68.722214, "activity_lines": [ 1350.228809, 1341.906874, 1329.186618, 1324.021724 ] }, { "date": "2025-09-12", "close": 1330.93689, "volume": 300, "typical_volume": 199.4, "trend": 1327.5611, "fair_value": 1191.712687, "relative_strength": -12.826497, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.797168, "energy": 59.545954, "activity_lines": [ 1345.693677, 1341.0826, 1330.701816, 1324.141886 ] }, { "date": "2025-09-19", "close": 1330.93689, "volume": 0, "typical_volume": 198.6, "trend": 1325.815096, "fair_value": 1193.758408, "relative_strength": -11.762875, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.923112, "energy": 32.387935, "activity_lines": [ 1340.909204, 1340.099607, 1331.796798, 1324.359679 ] }, { "date": "2025-09-26", "close": 1330.93689, "volume": 0, "typical_volume": 191.6, "trend": 1324.069092, "fair_value": 1195.80413, "relative_strength": -13.059489, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.757328, "energy": 49.017815, "activity_lines": [ 1335.923047, 1338.957897, 1332.614801, 1324.690117 ] }, { "date": "2025-10-03", "close": 1297.95874, "volume": 20, "typical_volume": 162.45, "trend": 1321.223816, "fair_value": 1197.511278, "relative_strength": -14.488084, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -10.857476, "energy": 34.84744, "activity_lines": [ 1321.606226, 1331.661441, 1330.09835, 1323.005578 ] }, { "date": "2025-10-10", "close": 1297.95874, "volume": 0, "typical_volume": 155.25, "trend": 1319.309399, "fair_value": 1199.30109, "relative_strength": -12.239259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.549155, "energy": 68.313741, "activity_lines": [ 1311.15, 1324.805871, 1327.59948, 1321.504606 ] }, { "date": "2025-10-17", "close": 1325.914673, "volume": 200, "typical_volume": 165.25, "trend": 1315.552897, "fair_value": 1201.252811, "relative_strength": -11.804423, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.287848, "energy": 43.598466, "activity_lines": [ 1313.873014, 1323.855092, 1327.731621, 1321.930752 ] }, { "date": "2025-10-24", "close": 1396.803345, "volume": 21, "typical_volume": 166.3, "trend": 1314.159351, "fair_value": 1203.472762, "relative_strength": -5.99508, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.878648, "energy": 35.182501, "activity_lines": [ 1340.5604, 1335.816473, 1334.450482, 1327.172717 ] }, { "date": "2025-10-31", "close": 1384.822144, "volume": 7, "typical_volume": 119.2, "trend": 1316.07323, "fair_value": 1205.450585, "relative_strength": -8.865823, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 84.200519, "energy": 82.9683, "activity_lines": [ 1358.862956, 1344.346877, 1339.526129, 1331.731607 ] }, { "date": "2025-11-07", "close": 1388.815796, "volume": 2055, "typical_volume": 221.95, "trend": 1320.944047, "fair_value": 1207.495401, "relative_strength": -9.173691, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.300575, "energy": 89.395508, "activity_lines": [ 1374.904378, 1353.076956, 1344.700068, 1336.424675 ] }, { "date": "2025-11-14", "close": 1387.534302, "volume": 20, "typical_volume": 187.95, "trend": 1325.772148, "fair_value": 1209.474746, "relative_strength": -7.434256, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.912665, "energy": 89.139844, "activity_lines": [ 1384.461499, 1360.974978, 1349.450885, 1340.720821 ] }, { "date": "2025-11-21", "close": 1352.571167, "volume": 32, "typical_volume": 170.8, "trend": 1329.43481, "fair_value": 1211.08486, "relative_strength": -8.78284, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.49761, "energy": 82.933538, "activity_lines": [ 1376.392538, 1361.94031, 1350.518033, 1342.44979 ] }, { "date": "2025-11-28", "close": 1348.575317, "volume": 36, "typical_volume": 172.6, "trend": 1331.961613, "fair_value": 1212.573363, "relative_strength": -11.122961, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.791339, "energy": 48.425102, "activity_lines": [ 1365.214526, 1361.785773, 1351.060034, 1343.684661 ] }, { "date": "2025-12-05", "close": 1340.583862, "volume": 30, "typical_volume": 173.15, "trend": 1333.63892, "fair_value": 1213.933662, "relative_strength": -11.007868, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.128588, "energy": 18.577608, "activity_lines": [ 1354.587899, 1359.857546, 1350.715382, 1344.240935 ] }, { "date": "2025-12-12", "close": 1340.583862, "volume": 0, "typical_volume": 173.15, "trend": 1334.93669, "fair_value": 1215.510258, "relative_strength": -12.487958, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.786448, "energy": 26.682179, "activity_lines": [ 1346.91049, 1357.753919, 1350.283223, 1344.688996 ] }, { "date": "2025-12-19", "close": 1301.225342, "volume": 24, "typical_volume": 174.1, "trend": 1335.265788, "fair_value": 1216.777301, "relative_strength": -13.616606, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.786055, "energy": 36.703919, "activity_lines": [ 1329.329036, 1347.719196, 1346.015127, 1342.51407 ] }, { "date": "2025-12-26", "close": 1298.628052, "volume": 24, "typical_volume": 166.05, "trend": 1335.508309, "fair_value": 1217.786016, "relative_strength": -15.488415, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.698791, "energy": 46.16507, "activity_lines": [ 1316.63575, 1337.152845, 1341.699373, 1340.150346 ] }, { "date": "2026-01-02", "close": 1343.580566, "volume": 470, "typical_volume": 172.45, "trend": 1337.249247, "fair_value": 1219.082888, "relative_strength": -10.069338, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.449757, "energy": 36.203796, "activity_lines": [ 1322.522843, 1335.255799, 1341.800853, 1340.671136 ] }, { "date": "2026-01-09", "close": 1285.641968, "volume": 32, "typical_volume": 163.55, "trend": 1335.917635, "fair_value": 1220.23286, "relative_strength": -15.918788, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.363719, "energy": 53.628069, "activity_lines": [ 1309.430054, 1323.79215, 1336.309756, 1337.341634 ] }, { "date": "2026-01-16", "close": 1303.622803, "volume": 215, "typical_volume": 174.3, "trend": 1335.185384, "fair_value": 1221.502549, "relative_strength": -15.580665, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.499786, "energy": 42.177755, "activity_lines": [ 1305.993669, 1317.401019, 1332.865529, 1335.258097 ] }, { "date": "2026-01-23", "close": 1303.622803, "volume": 0, "typical_volume": 174.3, "trend": 1334.865271, "fair_value": 1222.924916, "relative_strength": -16.350764, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.601225, "energy": 46.742386, "activity_lines": [ 1305.021354, 1312.558851, 1329.670086, 1333.221801 ] }, { "date": "2026-01-30", "close": 1330.594482, "volume": 36, "typical_volume": 161.1, "trend": 1335.144841, "fair_value": 1224.443838, "relative_strength": -13.345342, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.545289, "energy": 38.492223, "activity_lines": [ 1312.879769, 1314.146289, 1329.29216, 1332.946267 ] }, { "date": "2026-02-06", "close": 1373.54895, "volume": 59, "typical_volume": 164.05, "trend": 1336.856226, "fair_value": 1226.238109, "relative_strength": -14.122293, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.137374, "energy": 10.28139, "activity_lines": [ 1332.925244, 1323.943206, 1333.006766, 1335.423951 ] }, { "date": "2026-02-13", "close": 1346.577515, "volume": 78, "typical_volume": 167.95, "trend": 1337.668563, "fair_value": 1227.614084, "relative_strength": -16.12471, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.505929, "energy": 15.196959, "activity_lines": [ 1341.982349, 1328.38216, 1333.949749, 1336.051131 ] }, { "date": "2026-02-20", "close": 1384.281982, "volume": 8, "typical_volume": 167.35, "trend": 1339.737716, "fair_value": 1229.783588, "relative_strength": -13.252513, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.547508, "energy": 35.365656, "activity_lines": [ 1359.545239, 1339.567496, 1338.409155, 1339.058448 ] }, { "date": "2026-02-27", "close": 1429.408691, "volume": 4165, "typical_volume": 375.6, "trend": 1342.612573, "fair_value": 1231.834187, "relative_strength": -9.888066, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 83.736685, "energy": 77.08634, "activity_lines": [ 1386.773087, 1358.163177, 1346.755279, 1344.843673 ] }, { "date": "2026-03-06", "close": 1487.018799, "volume": 427, "typical_volume": 386.95, "trend": 1347.939974, "fair_value": 1234.25408, "relative_strength": -0.203945, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.169106, "energy": 92.634678, "activity_lines": [ 1424.818579, 1384.902816, 1359.962129, 1354.160203 ] }, { "date": "2026-03-13", "close": 1579.180908, "volume": 40124, "typical_volume": 2392.1, "trend": 1356.315617, "fair_value": 1237.267494, "relative_strength": 8.835784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.779235, "energy": 98.619406, "activity_lines": [ 1483.156486, 1424.973917, 1381.179159, 1369.078973 ] }, { "date": "2026-03-20", "close": 1622.158691, "volume": 440, "typical_volume": 2413.75, "trend": 1365.191984, "fair_value": 1241.142037, "relative_strength": 14.638377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.419092, "energy": 98.560773, "activity_lines": [ 1542.111523, 1468.575517, 1405.620847, 1386.230139 ] }, { "date": "2026-03-27", "close": 1673.621948, "volume": 211, "typical_volume": 2321.55, "trend": 1375.783793, "fair_value": 1245.299692, "relative_strength": 13.945516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.830518, "energy": 98.095324, "activity_lines": [ 1599.848901, 1515.415587, 1433.833624, 1406.128847 ] }, { "date": "2026-04-03", "close": 1641.44873, "volume": 108, "typical_volume": 2325.95, "trend": 1385.303162, "fair_value": 1249.012681, "relative_strength": 7.12937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.475657, "energy": 91.678135, "activity_lines": [ 1627.572542, 1549.678724, 1457.626065, 1423.26852 ] }, { "date": "2026-04-10", "close": 1664.136841, "volume": 35068, "typical_volume": 4077.75, "trend": 1396.409827, "fair_value": 1252.640572, "relative_strength": 8.146187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.011098, "energy": 92.230002, "activity_lines": [ 1648.722884, 1581.924682, 1482.370162, 1441.25779 ] }, { "date": "2026-04-17", "close": 1504.219849, "volume": 40, "typical_volume": 4077.95, "trend": 1402.185925, "fair_value": 1255.181041, "relative_strength": -1.806854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.896397, "energy": 67.340059, "activity_lines": [ 1604.759692, 1579.030418, 1490.400423, 1448.213275 ] }, { "date": "2026-04-24", "close": 1504.219849, "volume": 0, "typical_volume": 4076.45, "trend": 1407.962024, "fair_value": 1257.870512, "relative_strength": -0.946645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.651867, "energy": 53.825528, "activity_lines": [ 1565.793905, 1573.760318, 1497.68952, 1454.796109 ] }, { "date": "2026-05-01", "close": 1542.200195, "volume": 1004, "typical_volume": 4126.65, "trend": 1416.103406, "fair_value": 1260.882371, "relative_strength": 3.615433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.472987, "energy": 38.887592, "activity_lines": [ 1547.350822, 1572.529512, 1507.816574, 1463.456636 ] }, { "date": "2026-05-08", "close": 1441.252441, "volume": 10, "typical_volume": 4125.95, "trend": 1420.879862, "fair_value": 1263.311095, "relative_strength": -5.755348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.787517, "energy": 35.225971, "activity_lines": [ 1504.019938, 1550.073329, 1507.369478, 1465.079154 ] }, { "date": "2026-05-15", "close": 1478.233276, "volume": 130, "typical_volume": 4131.25, "trend": 1425.957149, "fair_value": 1266.102745, "relative_strength": -0.603879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.289637, "energy": 33.419816, "activity_lines": [ 1486.362418, 1534.125592, 1509.77757, 1468.779374 ] }, { "date": "2026-05-22", "close": 1507.0, "volume": 73, "typical_volume": 4111.4, "trend": 1429.630371, "fair_value": 1269.126304, "relative_strength": 0.805891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.407954, "energy": 26.702009, "activity_lines": [ 1490.687378, 1523.567906, 1514.070088, 1474.007945 ] }, { "date": "2026-05-29", "close": 1456.0, "volume": 2927, "typical_volume": 4256.15, "trend": 1432.002966, "fair_value": 1271.822941, "relative_strength": -2.872967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.12569, "energy": 19.121815, "activity_lines": [ 1477.826994, 1505.049873, 1512.727275, 1475.709212 ] }, { "date": "2026-06-05", "close": 1479.5, "volume": 0, "typical_volume": 4245.4, "trend": 1435.025773, "fair_value": 1274.88451, "relative_strength": 2.333586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.954911, "energy": 16.796437, "activity_lines": [ 1476.0146, 1493.825635, 1512.811329, 1478.773537 ] }, { "date": "2026-06-12", "close": 1483.0, "volume": 0, "typical_volume": 4245.4, "trend": 1438.207963, "fair_value": 1277.791735, "relative_strength": -0.050897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.792746, "energy": 14.153213, "activity_lines": [ 1479.548885, 1486.76725, 1512.391205, 1481.868648 ] }, { "date": "2026-06-19", "close": 1425.0, "volume": 0, "typical_volume": 4243.6, "trend": 1440.622257, "fair_value": 1280.213617, "relative_strength": -3.392628, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -14.743584, "energy": 27.864736, "activity_lines": [ 1460.966667, 1472.044296, 1505.593095, 1481.016521 ] }, { "date": "2026-06-26", "close": 1355.5, "volume": 0, "typical_volume": 4240.65, "trend": 1440.85308, "fair_value": 1282.426821, "relative_strength": -7.226461, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.618734, "energy": 63.908126, "activity_lines": [ 1422.766667, 1449.032921, 1491.726387, 1475.524763 ] }, { "date": "2026-07-03", "close": 1348.5, "volume": 0, "typical_volume": 4236.75, "trend": 1441.116951, "fair_value": 1284.582291, "relative_strength": -7.256462, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.928233, "energy": 73.822176, "activity_lines": [ 1392.333333, 1427.452816, 1477.27896, 1469.5665 ] }, { "date": "2026-07-10", "close": 1430.0, "volume": 235, "typical_volume": 4248.1, "trend": 1444.097489, "fair_value": 1287.253317, "relative_strength": -0.652798, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.525975, "energy": 61.101304, "activity_lines": [ 1396.233333, 1423.522164, 1470.584283, 1468.849277 ] }, { "date": "2026-07-17", "close": 1530.0, "volume": 53, "typical_volume": 4042.5, "trend": 1451.723311, "fair_value": 1290.374322, "relative_strength": 6.124658, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.51347, "energy": 22.78936, "activity_lines": [ 1436.766667, 1439.813332, 1473.19571, 1474.391374 ] }, { "date": "2026-07-24", "close": 1506.0, "volume": 11, "typical_volume": 4021.7, "trend": 1458.63571, "fair_value": 1293.516608, "relative_strength": 4.890251, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 7.665111, "energy": 11.907983, "activity_lines": [ 1466.166667, 1450.127273, 1473.042417, 1477.893096 ] }, { "date": "2026-07-31", "close": 1516.5, "volume": 58, "typical_volume": 2018.4, "trend": 1464.399691, "fair_value": 1296.576547, "relative_strength": 4.83636, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 21.198347, "energy": 31.516553, "activity_lines": [ 1493.666667, 1461.845455, 1473.798737, 1481.626276 ] }, { "date": "2026-08-07", "close": 1570.98999, "volume": 0, "typical_volume": 1996.4, "trend": 1473.911291, "fair_value": 1299.893324, "relative_strength": 8.541294, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 69.383696, "energy": 56.771685, "activity_lines": [ 1528.596663, 1483.29818, 1480.043061, 1488.50307 ] } ], "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." } } }