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      },
      {
        "date": "2026-07-31",
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        "relative_strength": -6.487135,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.694683,
        "energy": 84.276951,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
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        "trend": 52.465917,
        "fair_value": 51.515211,
        "relative_strength": -9.338952,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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    "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."
    }
  }
}