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"typical_volume": 846859.15, "trend": 1643.273324, "fair_value": 1395.810708, "relative_strength": 29.215271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.391402, "energy": 65.008654, "activity_lines": [ 1876.133317, 1844.621802, 1781.338557, 1718.403213 ] }, { "date": "2026-08-07", "close": 1978.400024, "volume": 814049, "typical_volume": 859615.1, "trend": 1657.866659, "fair_value": 1401.155564, "relative_strength": 28.485114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.611464, "energy": 82.003572, "activity_lines": [ 1917.079997, 1874.821808, 1805.69618, 1740.02429 ] } ], "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." } } }