{ "ticker": { "uuid": "f5bf1d30-2ecb-4efd-b23d-5e949ef9c758", "symbol": "XHB", "name": "State Street SPDR S&P Homebuilders ETF", "exchange": "MEX", "country": "MX", "assetType": "etf" }, "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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 48.82, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 39.872, "architecture_energy": 78.225, "architecture_maturity": 10.512, "architecture_confidence": 62.782, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 20.0, "rotation_up": 76.21, "upward_expansion": 60.99, "deceleration": 17.8, "rotation_down": 14.0, "downward_expansion": 33.65 }, "activity_lines": [ 1902.408, 1866.216573, 1815.917181, 1820.72297 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 1910.0, "trend_reference": 1851.84443, "distance_from_trend": 0.031404, "trend_direction": "Weakening", "fair_value": 1893.744693, "distance_from_fair_value": 0.008584, "fair_value_direction": "Improving", "relative_strength": -2.989421, "relative_strength_direction": "Improving", "price_momentum": -0.043652, "excess_performance": 0.011015, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.031404, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.023616, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.008584, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.079435, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.029894, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.170591, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.043652, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.007694, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.007694, "dry_up": 0.001424, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.011283, "annualized_volatility": 0.294852, "from_high_reference": -0.144536, "from_low_reference": 0.140139 }, "levels": { "trend_reference": 1851.84443, "fair_value_reference": 1893.744693, "structural_low": 1675.234253, "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": 9, "median_return": 0.0, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.034744, "regime_survival": 0.444444, "best_return": 0.053152, "worst_return": -0.165933, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.064691, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.077424, "regime_survival": 0.0, "best_return": 0.053321, "worst_return": -0.142719, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.05347, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.014467, "regime_survival": 0.333333, "best_return": 0.107881, "worst_return": -0.015075, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.159299, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.107243, "regime_survival": 0.0, "best_return": 0.159299, "worst_return": 0.159299, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-03-07", "tenure": "Developing", "return": -0.037086, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-08-08", "tenure": "Established", "return": -0.094636, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.011792, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-10", "tenure": "New", "return": -0.053757, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-11-14", "tenure": "Developing", "return": -0.019305, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.04365, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": -0.005964, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": 0.049895, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-13", "end": "2026-03-13", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.000911, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-07-10", "tenure": "Established", "return": 0.042268, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1386.40979, "volume": 20, "typical_volume": 1.65, "trend": 1289.21932, "fair_value": 1322.997611, "relative_strength": 8.859193, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.333171, "energy": 68.566525, "activity_lines": [ 1398.786686, 1358.476975, 1323.072037, 1308.211365 ] }, { "date": "2023-08-25", "close": 1386.40979, "volume": 0, "typical_volume": 1.65, "trend": 1295.069772, "fair_value": 1325.4627, "relative_strength": 8.859277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.998699, "energy": 88.096731, "activity_lines": [ 1399.585181, 1368.770068, 1331.052195, 1314.481718 ] }, { "date": "2023-09-01", "close": 1370.200073, "volume": 50, "typical_volume": 4.15, "trend": 1300.379899, "fair_value": 1327.82388, "relative_strength": 7.766553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.920637, "energy": 67.911411, "activity_lines": [ 1387.594246, 1374.09828, 1336.960136, 1319.328834 ] }, { "date": "2023-09-08", "close": 1416.573364, "volume": 71, "typical_volume": 7.7, "trend": 1305.090414, "fair_value": 1329.739528, "relative_strength": 12.694998, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.162927, "energy": 74.296828, "activity_lines": [ 1394.337622, 1386.138306, 1346.833335, 1326.825187 ] }, { "date": "2023-09-15", "close": 1416.573364, "volume": 0, "typical_volume": 7.7, "trend": 1309.800928, "fair_value": 1331.624757, "relative_strength": 15.018448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.154812, "energy": 72.390835, "activity_lines": [ 1401.265991, 1395.615487, 1356.034463, 1334.017635 ] }, { "date": "2023-09-22", "close": 1351.96521, "volume": 252, "typical_volume": 20.3, "trend": 1312.357837, "fair_value": 1332.909926, "relative_strength": 8.913057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.293763, "energy": 54.367383, "activity_lines": [ 1386.843302, 1390.782888, 1358.410363, 1336.737912 ] }, { "date": "2023-09-29", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1314.914746, "fair_value": 1334.195095, "relative_strength": 10.462074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.746629, "energy": 47.13211, "activity_lines": [ 1374.716919, 1384.562138, 1360.42185, 1339.293226 ] }, { "date": "2023-10-06", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1317.471655, "fair_value": 1335.480264, "relative_strength": 12.865476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.437011, "energy": 30.352909, "activity_lines": [ 1364.886841, 1376.953238, 1362.068924, 1341.683579 ] }, { "date": "2023-10-13", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1320.028565, "fair_value": 1336.765433, "relative_strength": 13.23609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.461968, "energy": 35.876755, "activity_lines": [ 1356.27242, 1370.569485, 1363.351585, 1343.908969 ] }, { "date": "2023-10-20", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1322.579456, "fair_value": 1338.050601, "relative_strength": 15.398392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.669261, "energy": 29.677309, "activity_lines": [ 1351.96521, 1365.410878, 1364.269832, 1345.969398 ] }, { "date": "2023-10-27", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1325.130347, "fair_value": 1339.33577, "relative_strength": 13.370736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.386765, "energy": 33.18518, "activity_lines": [ 1351.96521, 1361.477417, 1364.823667, 1347.865253 ] }, { "date": "2023-11-03", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1327.681238, "fair_value": 1340.620939, "relative_strength": 7.960806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.869575, "energy": 26.570526, "activity_lines": [ 1351.96521, 1358.170222, 1365.013089, 1349.596535 ] }, { "date": "2023-11-10", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1330.232129, "fair_value": 1341.906108, "relative_strength": 7.612322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.794534, "energy": 19.744389, "activity_lines": [ 1351.96521, 1355.489291, 1364.838098, 1351.163242 ] }, { "date": "2023-11-17", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1332.78302, "fair_value": 1343.191276, "relative_strength": 4.415758, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.565159, "energy": 32.991289, "activity_lines": [ 1351.96521, 1353.139904, 1364.299543, 1352.565377 ] }, { "date": "2023-11-24", "close": 1351.96521, "volume": 0, "typical_volume": 20.3, "trend": 1335.333911, "fair_value": 1344.476445, "relative_strength": 3.643345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.554617, "energy": 18.254487, "activity_lines": [ 1351.96521, 1351.96521, 1363.397425, 1353.802937 ] }, { "date": "2023-12-01", "close": 1403.565796, "volume": 29, "typical_volume": 21.75, "trend": 1339.604822, "fair_value": 1346.159743, "relative_strength": 5.478439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.338436, "energy": 48.460083, "activity_lines": [ 1369.165405, 1361.347135, 1367.046086, 1358.204994 ] }, { "date": "2023-12-08", "close": 1501.89502, "volume": 17, "typical_volume": 22.6, "trend": 1347.153373, "fair_value": 1348.473357, "relative_strength": 11.533206, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 94.149086, "energy": 97.544175, "activity_lines": [ 1415.70197, 1387.668908, 1379.450155, 1368.67533 ] }, { "date": "2023-12-15", "close": 1501.89502, "volume": 0, "typical_volume": 21.95, "trend": 1354.701925, "fair_value": 1350.78697, "relative_strength": 6.033672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.580128, "energy": 98.435962, "activity_lines": [ 1452.243213, 1411.264684, 1390.776709, 1378.658662 ] }, { "date": "2023-12-22", "close": 1502.082275, "volume": 0, "typical_volume": 21.95, "trend": 1362.256718, "fair_value": 1353.10103, "relative_strength": 5.52201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.305346, "energy": 98.356858, "activity_lines": [ 1478.851554, 1432.16851, 1401.728016, 1388.167072 ] }, { "date": "2023-12-29", "close": 1632.372681, "volume": 10, "typical_volume": 22.45, "trend": 1374.154525, "fair_value": 1356.250284, "relative_strength": 14.223543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.62229, "energy": 99.517136, "activity_lines": [ 1538.882227, 1474.0321, 1424.693963, 1405.593908 ] }, { "date": "2024-01-05", "close": 1632.372681, "volume": 0, "typical_volume": 21.45, "trend": 1386.052332, "fair_value": 1359.399539, "relative_strength": 16.143521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.951787, "energy": 99.632763, "activity_lines": [ 1580.219068, 1510.797372, 1446.645507, 1422.253144 ] }, { "date": "2024-01-12", "close": 1572.469116, "volume": 13, "typical_volume": 22.1, "trend": 1395.953353, "fair_value": 1362.164796, "relative_strength": 12.568472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.66363, "energy": 88.929314, "activity_lines": [ 1586.334261, 1531.57277, 1461.720699, 1434.280033 ] }, { "date": "2024-01-19", "close": 1572.469116, "volume": 0, "typical_volume": 19.6, "trend": 1405.848425, "fair_value": 1364.430314, "relative_strength": 12.374542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.328032, "energy": 68.554815, "activity_lines": [ 1587.744515, 1548.339005, 1475.909893, 1445.668147 ] }, { "date": "2024-01-26", "close": 1572.469116, "volume": 0, "typical_volume": 16.05, "trend": 1415.743498, "fair_value": 1366.582066, "relative_strength": 9.138369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.934583, "energy": 67.943017, "activity_lines": [ 1584.449829, 1561.096078, 1489.135902, 1456.417869 ] }, { "date": "2024-02-02", "close": 1572.469116, "volume": 0, "typical_volume": 16.05, "trend": 1425.63857, "fair_value": 1368.666387, "relative_strength": 6.197916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.078552, "energy": 66.208938, "activity_lines": [ 1576.462687, 1569.84399, 1501.619549, 1466.529199 ] }, { "date": "2024-02-09", "close": 1572.469116, "volume": 0, "typical_volume": 3.45, "trend": 1435.533643, "fair_value": 1370.750707, "relative_strength": 7.609031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.101745, "energy": 61.038754, "activity_lines": [ 1572.469116, 1574.582739, 1513.360836, 1476.002137 ] }, { "date": "2024-02-16", "close": 1572.469116, "volume": 0, "typical_volume": 3.45, "trend": 1445.428715, "fair_value": 1372.835028, "relative_strength": 7.667153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.955973, "energy": 58.623241, "activity_lines": [ 1572.469116, 1576.250519, 1524.052105, 1484.836684 ] }, { "date": "2024-02-23", "close": 1665.729004, "volume": 8, "typical_volume": 3.85, "trend": 1453.641406, "fair_value": 1375.517169, "relative_strength": 14.555788, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 89.289585, "energy": 73.295616, "activity_lines": [ 1603.555745, 1593.591477, 1542.575249, 1499.049606 ] }, { "date": "2024-03-01", "close": 1744.422485, "volume": 10, "typical_volume": 4.35, "trend": 1464.477214, "fair_value": 1378.249967, "relative_strength": 21.676672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.476972, "energy": 77.087965, "activity_lines": [ 1654.656209, 1622.261541, 1567.098897, 1517.809676 ] }, { "date": "2024-03-08", "close": 1744.422485, "volume": 0, "typical_volume": 4.35, "trend": 1475.313021, "fair_value": 1380.982765, "relative_strength": 22.313964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.132351, "energy": 97.55786, "activity_lines": [ 1694.293115, 1646.525419, 1589.7537, 1535.870661 ] }, { "date": "2024-03-15", "close": 1761.155396, "volume": 50, "typical_volume": 6.85, "trend": 1487.804541, "fair_value": 1383.822826, "relative_strength": 20.04754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.471808, "energy": 96.306592, "activity_lines": [ 1728.0441, 1671.794376, 1612.133271, 1554.312104 ] }, { "date": "2024-03-22", "close": 1761.323486, "volume": 0, "typical_volume": 6.85, "trend": 1500.301664, "fair_value": 1386.21578, "relative_strength": 18.64135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.605426, "energy": 92.50416, "activity_lines": [ 1749.27203, 1694.75239, 1632.580325, 1571.958488 ] }, { "date": "2024-03-29", "close": 1761.323486, "volume": 0, "typical_volume": 6.85, "trend": 1513.339111, "fair_value": 1388.313106, "relative_strength": 16.47148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.427289, "energy": 91.049013, "activity_lines": [ 1757.909668, 1714.276689, 1651.078053, 1588.798605 ] }, { "date": "2024-04-05", "close": 1761.323486, "volume": 0, "typical_volume": 6.85, "trend": 1524.830782, "fair_value": 1390.271406, "relative_strength": 14.479964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.498596, "energy": 90.020604, "activity_lines": [ 1760.174341, 1730.367272, 1667.626457, 1604.797597 ] }, { "date": "2024-04-12", "close": 1761.323486, "volume": 0, "typical_volume": 6.85, "trend": 1536.322453, "fair_value": 1392.187457, "relative_strength": 16.914191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.018508, "energy": 89.50486, "activity_lines": [ 1761.31228, 1743.024139, 1682.225536, 1620.055191 ] }, { "date": "2024-04-19", "close": 1761.323486, "volume": 0, "typical_volume": 5.4, "trend": 1549.967729, "fair_value": 1393.98596, "relative_strength": 17.706829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.661083, "energy": 89.019433, "activity_lines": [ 1761.323486, 1752.24729, 1694.875289, 1634.571387 ] }, { "date": "2024-04-26", "close": 1761.323486, "volume": 0, "typical_volume": 4.55, "trend": 1563.613004, "fair_value": 1395.498744, "relative_strength": 13.101277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.310125, "energy": 68.510209, "activity_lines": [ 1761.323486, 1758.036725, 1705.821435, 1648.207242 ] }, { "date": "2024-05-03", "close": 1785.546753, "volume": 50, "typical_volume": 7.05, "trend": 1578.065723, "fair_value": 1397.166806, "relative_strength": 15.396452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.528476, "energy": 75.481085, "activity_lines": [ 1769.397908, 1764.796675, 1717.839184, 1662.525549 ] }, { "date": "2024-05-10", "close": 1785.546753, "volume": 0, "typical_volume": 7.05, "trend": 1592.518441, "fair_value": 1398.82317, "relative_strength": 13.608167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.91973, "energy": 73.108902, "activity_lines": [ 1775.857446, 1769.37812, 1728.506211, 1675.911421 ] }, { "date": "2024-05-17", "close": 1785.546753, "volume": 0, "typical_volume": 6.55, "trend": 1606.971159, "fair_value": 1401.000669, "relative_strength": 13.273042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.44781, "energy": 70.789758, "activity_lines": [ 1780.7021, 1773.211852, 1737.823408, 1688.364861 ] }, { "date": "2024-05-24", "close": 1785.546753, "volume": 0, "typical_volume": 6.55, "trend": 1621.423877, "fair_value": 1403.050074, "relative_strength": 17.000731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.679886, "energy": 89.975008, "activity_lines": [ 1783.931869, 1776.297869, 1746.411204, 1699.885867 ] }, { "date": "2024-05-31", "close": 1785.546753, "volume": 0, "typical_volume": 5.9, "trend": 1635.876595, "fair_value": 1404.933543, "relative_strength": 16.811544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.333333, "energy": 88.566667, "activity_lines": [ 1785.546753, 1778.940407, 1754.269599, 1710.47444 ] }, { "date": "2024-06-07", "close": 1810.798584, "volume": 76, "typical_volume": 9.7, "trend": 1651.171041, "fair_value": 1407.477454, "relative_strength": 22.470491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.979472, "energy": 99.292284, "activity_lines": [ 1793.96403, 1785.733765, 1763.518276, 1721.759729 ] }, { "date": "2024-06-14", "close": 1900.123413, "volume": 71, "typical_volume": 13.25, "trend": 1669.442981, "fair_value": 1410.59396, "relative_strength": 29.199481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.660957, "energy": 99.52401, "activity_lines": [ 1830.472795, 1807.868453, 1780.139176, 1737.821173 ] }, { "date": "2024-06-21", "close": 1907.721802, "volume": 50, "typical_volume": 15.75, "trend": 1687.968201, "fair_value": 1413.701035, "relative_strength": 27.263992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.537176, "energy": 79.487603, "activity_lines": [ 1861.875912, 1828.861031, 1795.923475, 1753.194 ] }, { "date": "2024-06-28", "close": 1839.856323, "volume": 62, "typical_volume": 18.85, "trend": 1702.511218, "fair_value": 1416.373075, "relative_strength": 22.617857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.319669, "energy": 68.539541, "activity_lines": [ 1862.512199, 1834.852643, 1803.647953, 1762.993234 ] }, { "date": "2024-07-05", "close": 1795.420288, "volume": 58, "typical_volume": 21.75, "trend": 1712.295394, "fair_value": 1418.57489, "relative_strength": 19.049159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.721729, "energy": 67.624652, "activity_lines": [ 1844.715837, 1831.337107, 1805.867155, 1768.987367 ] }, { "date": "2024-07-12", "close": 1857.331055, "volume": 66, "typical_volume": 24.65, "trend": 1724.143262, "fair_value": 1421.423892, "relative_strength": 16.499496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.46827, "energy": 66.885739, "activity_lines": [ 1846.898161, 1838.458132, 1812.920948, 1778.344507 ] }, { "date": "2024-07-19", "close": 2030.083008, "volume": 115, "typical_volume": 29.9, "trend": 1741.743286, "fair_value": 1425.181092, "relative_strength": 29.154581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.704147, "energy": 74.304408, "activity_lines": [ 1903.562305, 1875.683434, 1835.514918, 1798.082555 ] }, { "date": "2024-07-26", "close": 2166.207275, "volume": 30, "typical_volume": 31.4, "trend": 1759.537773, "fair_value": 1429.810883, "relative_strength": 38.673546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.569397, "energy": 78.049616, "activity_lines": [ 1996.937231, 1933.212489, 1869.712816, 1825.467328 ] }, { "date": "2024-08-02", "close": 2126.944092, "volume": 60, "typical_volume": 31.9, "trend": 1776.023486, "fair_value": 1433.728738, "relative_strength": 36.385155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.251923, "energy": 94.330251, "activity_lines": [ 2059.992065, 1976.681683, 1898.162863, 1849.170962 ] }, { "date": "2024-08-09", "close": 2099.982422, "volume": 124, "typical_volume": 38.1, "trend": 1793.607263, "fair_value": 1437.326735, "relative_strength": 31.507446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.784585, "energy": 89.676907, "activity_lines": [ 2094.920492, 2009.041531, 1922.303282, 1870.071538 ] }, { "date": "2024-08-16", "close": 2049.674805, "volume": 10, "typical_volume": 38.6, "trend": 1809.514119, "fair_value": 1440.781234, "relative_strength": 24.962322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.50342, "energy": 88.01513, "activity_lines": [ 2092.77557, 2026.537527, 1940.039837, 1886.592025 ] }, { "date": "2024-08-23", "close": 2049.674805, "volume": 0, "typical_volume": 38.6, "trend": 1825.420976, "fair_value": 1443.705168, "relative_strength": 25.373166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.544143, "energy": 66.868911, "activity_lines": [ 2077.807731, 2039.690319, 1956.403291, 1902.086263 ] }, { "date": "2024-08-30", "close": 2266.742676, "volume": 20, "typical_volume": 39.6, "trend": 1848.563428, "fair_value": 1448.340181, "relative_strength": 38.67538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.476499, "energy": 74.692873, "activity_lines": [ 2133.88973, 2089.59088, 1992.066774, 1930.55863 ] }, { "date": "2024-09-06", "close": 2255.109619, "volume": 20, "typical_volume": 40.6, "trend": 1871.318111, "fair_value": 1452.900623, "relative_strength": 41.395234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.652533, "energy": 73.417361, "activity_lines": [ 2179.391683, 2130.848688, 2024.215589, 1956.787417 ] }, { "date": "2024-09-13", "close": 2255.109619, "volume": 0, "typical_volume": 40.6, "trend": 1894.072795, "fair_value": 1457.697582, "relative_strength": 37.522358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.942664, "energy": 74.416069, "activity_lines": [ 2216.349268, 2164.556437, 2054.013041, 1981.548159 ] }, { "date": "2024-09-20", "close": 2368.806641, "volume": 40, "typical_volume": 40.1, "trend": 1917.508716, "fair_value": 1463.35704, "relative_strength": 42.306291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.831781, "energy": 92.226877, "activity_lines": [ 2280.864046, 2210.578383, 2092.287419, 2012.176149 ] }, { "date": "2024-09-27", "close": 2376.242188, "volume": 40, "typical_volume": 42.1, "trend": 1938.569373, "fair_value": 1468.968268, "relative_strength": 39.61041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.636553, "energy": 93.789719, "activity_lines": [ 2326.581885, 2248.65269, 2128.492515, 2041.771857 ] }, { "date": "2024-10-04", "close": 2303.662842, "volume": 309, "typical_volume": 57.55, "trend": 1957.210718, "fair_value": 1474.114244, "relative_strength": 34.450911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.320721, "energy": 85.203558, "activity_lines": [ 2326.335449, 2267.23695, 2154.972458, 2065.326275 ] }, { "date": "2024-10-11", "close": 2336.766846, "volume": 897, "typical_volume": 102.4, "trend": 1976.397766, "fair_value": 1479.309796, "relative_strength": 35.562199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.922896, "energy": 68.273784, "activity_lines": [ 2334.662338, 2289.340927, 2182.137944, 2089.813767 ] }, { "date": "2024-10-18", "close": 2336.766846, "volume": 0, "typical_volume": 102.4, "trend": 1995.579211, "fair_value": 1484.377427, "relative_strength": 32.701197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.790989, "energy": 80.224936, "activity_lines": [ 2337.54541, 2307.629945, 2206.678572, 2113.063385 ] }, { "date": "2024-10-25", "close": 2336.766846, "volume": 0, "typical_volume": 98.6, "trend": 2014.760657, "fair_value": 1489.364831, "relative_strength": 34.521939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.457465, "energy": 74.117258, "activity_lines": [ 2334.984668, 2321.613792, 2228.594342, 2135.07549 ] }, { "date": "2024-11-01", "close": 2306.808594, "volume": 10, "typical_volume": 95.55, "trend": 2032.943494, "fair_value": 1493.677541, "relative_strength": 34.366601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.798013, "energy": 62.092454, "activity_lines": [ 2324.573828, 2324.930829, 2245.152335, 2153.917293 ] }, { "date": "2024-11-08", "close": 2306.808594, "volume": 0, "typical_volume": 93.05, "trend": 2051.126331, "fair_value": 1497.833629, "relative_strength": 29.863302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.60629, "energy": 59.603314, "activity_lines": [ 2318.791895, 2323.572705, 2259.773731, 2171.586009 ] }, { "date": "2024-11-15", "close": 2361.952148, "volume": 75, "typical_volume": 93.7, "trend": 2071.147286, "fair_value": 1501.710319, "relative_strength": 34.990674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.350367, "energy": 62.546811, "activity_lines": [ 2331.181429, 2331.512212, 2277.746482, 2191.639287 ] }, { "date": "2024-11-22", "close": 2361.952148, "volume": 0, "typical_volume": 90.8, "trend": 2091.168241, "fair_value": 1505.510294, "relative_strength": 33.518712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.882909, "energy": 63.850701, "activity_lines": [ 2341.891943, 2337.509126, 2293.233061, 2210.400891 ] }, { "date": "2024-11-29", "close": 2361.952148, "volume": 0, "typical_volume": 87.5, "trend": 2110.381755, "fair_value": 1509.376563, "relative_strength": 33.607732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.743319, "energy": 68.651228, "activity_lines": [ 2350.923437, 2341.56345, 2306.02187, 2227.870821 ] }, { "date": "2024-12-06", "close": 2436.628906, "volume": 1338, "typical_volume": 148.65, "trend": 2132.084493, "fair_value": 1513.54656, "relative_strength": 32.286323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.219619, "energy": 74.585714, "activity_lines": [ 2383.168164, 2359.319993, 2323.519794, 2248.919024 ] }, { "date": "2024-12-13", "close": 2436.628906, "volume": 0, "typical_volume": 147.15, "trend": 2153.787231, "fair_value": 1517.716557, "relative_strength": 30.132861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.103983, "energy": 87.836508, "activity_lines": [ 2406.758203, 2375.978595, 2339.081785, 2268.567051 ] }, { "date": "2024-12-20", "close": 2436.628906, "volume": 0, "typical_volume": 144.15, "trend": 2175.48997, "fair_value": 1522.340147, "relative_strength": 33.84248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.41546, "energy": 92.758409, "activity_lines": [ 2421.693554, 2390.219633, 2353.356053, 2286.814901 ] }, { "date": "2024-12-27", "close": 2436.807617, "volume": 0, "typical_volume": 137.95, "trend": 2197.198665, "fair_value": 1526.82372, "relative_strength": 33.190593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.737177, "energy": 86.596404, "activity_lines": [ 2431.710026, 2402.67749, 2366.172653, 2303.674104 ] }, { "date": "2025-01-03", "close": 2436.807617, "volume": 0, "typical_volume": 137.45, "trend": 2218.065633, "fair_value": 1531.59499, "relative_strength": 32.672893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.93927, "energy": 89.140661, "activity_lines": [ 2436.736133, 2413.316424, 2377.385322, 2319.132746 ] }, { "date": "2025-01-10", "close": 2436.807617, "volume": 0, "typical_volume": 137.45, "trend": 2235.955107, "fair_value": 1536.366259, "relative_strength": 29.577161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.920299, "energy": 89.201375, "activity_lines": [ 2436.771875, 2422.136434, 2386.754503, 2333.245132 ] }, { "date": "2025-01-17", "close": 2193.126953, "volume": 5798, "typical_volume": 426.35, "trend": 2245.468612, "fair_value": 1539.575472, "relative_strength": 14.909056, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 9.120385, "energy": 16.380222, "activity_lines": [ 2355.568815, 2384.287251, 2371.072511, 2330.482025 ] }, { "date": "2025-01-24", "close": 2193.126953, "volume": 0, "typical_volume": 425.35, "trend": 2257.244299, "fair_value": 1544.056936, "relative_strength": 10.900243, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -26.531846, "energy": 44.554167, "activity_lines": [ 2290.599219, 2348.505007, 2355.74107, 2327.105144 ] }, { "date": "2025-01-31", "close": 2193.126953, "volume": 0, "typical_volume": 425.35, "trend": 2270.501188, "fair_value": 1548.653478, "relative_strength": 10.348393, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.659188, "energy": 61.327792, "activity_lines": [ 2241.863086, 2315.792312, 2340.704785, 2322.968541 ] }, { "date": "2025-02-07", "close": 2193.126953, "volume": 0, "typical_volume": 423.35, "trend": 2281.694385, "fair_value": 1553.403457, "relative_strength": 6.246519, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.951675, "energy": 58.220584, "activity_lines": [ 2209.372331, 2286.149165, 2325.963655, 2317.976655 ] }, { "date": "2025-02-14", "close": 2193.126953, "volume": 0, "typical_volume": 421.35, "trend": 2287.129183, "fair_value": 1558.155417, "relative_strength": 3.109447, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.967455, "energy": 78.606357, "activity_lines": [ 2193.126953, 2259.575568, 2312.059096, 2312.262627 ] }, { "date": "2025-02-21", "close": 2111.793213, "volume": 7, "typical_volume": 406.25, "trend": 2285.315381, "fair_value": 1562.950017, "relative_strength": -0.568992, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -66.70851, "energy": 88.182722, "activity_lines": [ 2166.015706, 2222.641326, 2291.280443, 2300.950629 ] }, { "date": "2025-02-28", "close": 2111.793213, "volume": 0, "typical_volume": 361.4, "trend": 2284.810352, "fair_value": 1567.744617, "relative_strength": 1.673389, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.220304, "energy": 85.812056, "activity_lines": [ 2144.326709, 2191.613188, 2271.415455, 2289.75565 ] }, { "date": "2025-03-07", "close": 2111.793213, "volume": 0, "typical_volume": 361.4, "trend": 2285.204045, "fair_value": 1572.539217, "relative_strength": 0.28555, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.288927, "energy": 93.759404, "activity_lines": [ 2128.059961, 2166.491153, 2252.62177, 2278.593254 ] }, { "date": "2025-03-14", "close": 2111.793213, "volume": 0, "typical_volume": 361.4, "trend": 2287.274658, "fair_value": 1577.333818, "relative_strength": 0.532045, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.508306, "energy": 90.648745, "activity_lines": [ 2117.215462, 2147.278471, 2234.899388, 2267.405459 ] }, { "date": "2025-03-21", "close": 2111.793213, "volume": 0, "typical_volume": 360.9, "trend": 2289.345272, "fair_value": 1581.919417, "relative_strength": -0.257408, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.267298, "energy": 88.373839, "activity_lines": [ 2111.793213, 2133.975142, 2218.24831, 2256.084075 ] }, { "date": "2025-03-28", "close": 2112.105957, "volume": 0, "typical_volume": 360.9, "trend": 2284.190715, "fair_value": 1586.980175, "relative_strength": -1.6063, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.132327, "energy": 87.34558, "activity_lines": [ 2111.897461, 2126.638028, 2202.555661, 2244.649281 ] }, { "date": "2025-04-04", "close": 2112.105957, "volume": 0, "typical_volume": 357.15, "trend": 2279.423926, "fair_value": 1592.494901, "relative_strength": 1.166227, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.51238, "energy": 66.919984, "activity_lines": [ 2111.980859, 2120.774023, 2187.790167, 2233.547038 ] }, { "date": "2025-04-11", "close": 2112.105957, "volume": 0, "typical_volume": 357.15, "trend": 2274.657137, "fair_value": 1598.207843, "relative_strength": 0.604681, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.716478, "energy": 65.338367, "activity_lines": [ 2112.043408, 2116.383128, 2174.214417, 2222.752331 ] }, { "date": "2025-04-18", "close": 1772.939941, "volume": 5, "typical_volume": 357.4, "trend": 2254.794914, "fair_value": 1601.746643, "relative_strength": -18.045049, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.637512, "energy": 96.273352, "activity_lines": [ 1999.029769, 2051.798793, 2129.526886, 2190.383479 ] }, { "date": "2025-04-25", "close": 1772.939941, "volume": 0, "typical_volume": 290.5, "trend": 2234.684839, "fair_value": 1605.285443, "relative_strength": -23.422397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.610388, "energy": 98.11193, "activity_lines": [ 1908.606347, 1994.854221, 2087.644174, 2159.296062 ] }, { "date": "2025-05-02", "close": 1772.939941, "volume": 0, "typical_volume": 290.5, "trend": 2216.994075, "fair_value": 1608.824244, "relative_strength": -22.195262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.228504, "energy": 97.979893, "activity_lines": [ 1840.773144, 1945.549414, 2048.921887, 2129.506068 ] }, { "date": "2025-05-09", "close": 1772.939941, "volume": 0, "typical_volume": 290.5, "trend": 2198.199845, "fair_value": 1612.363044, "relative_strength": -23.227284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.058942, "energy": 94.070622, "activity_lines": [ 1795.551009, 1902.405575, 2013.360022, 2100.857414 ] }, { "date": "2025-05-16", "close": 1954.419067, "volume": 6, "typical_volume": 290.8, "trend": 2185.454919, "fair_value": 1617.065172, "relative_strength": -17.569207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.318855, "energy": 68.533793, "activity_lines": [ 1833.432983, 1898.41891, 1998.242308, 2085.129622 ] }, { "date": "2025-05-23", "close": 1935.301392, "volume": 5, "typical_volume": 291.05, "trend": 2172.072738, "fair_value": 1621.644751, "relative_strength": -19.001643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.160128, "energy": 68.151761, "activity_lines": [ 1875.454858, 1893.817651, 1983.600951, 2068.990685 ] }, { "date": "2025-05-30", "close": 1935.301392, "volume": 0, "typical_volume": 291.05, "trend": 2159.689164, "fair_value": 1626.173177, "relative_strength": -18.247555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.397475, "energy": 58.658471, "activity_lines": [ 1906.652637, 1892.425335, 1971.34772, 2053.715114 ] }, { "date": "2025-06-06", "close": 1935.301392, "volume": 0, "typical_volume": 1.15, "trend": 2147.305591, "fair_value": 1630.701603, "relative_strength": -18.524436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.694283, "energy": 36.785453, "activity_lines": [ 1927.026319, 1894.241961, 1961.482613, 2039.238484 ] }, { "date": "2025-06-13", "close": 1774.937866, "volume": 18, "typical_volume": 2.05, "trend": 2127.738448, "fair_value": 1634.202058, "relative_strength": -24.270212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.190794, "energy": 61.025584, "activity_lines": [ 1883.121395, 1870.116211, 1937.572529, 2015.21476 ] }, { "date": "2025-06-20", "close": 1774.937866, "volume": 0, "typical_volume": 2.05, "trend": 2108.171305, "fair_value": 1637.701628, "relative_strength": -22.522523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.59639, "energy": 71.442079, "activity_lines": [ 1839.083276, 1852.12079, 1915.653823, 1992.453432 ] }, { "date": "2025-06-27", "close": 1775.088989, "volume": 0, "typical_volume": 2.05, "trend": 2088.6092, "fair_value": 1641.202167, "relative_strength": -23.887859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.974084, "energy": 71.308295, "activity_lines": [ 1807.060946, 1840.283174, 1895.740886, 1970.96425 ] }, { "date": "2025-07-04", "close": 1775.088989, "volume": 0, "typical_volume": 2.05, "trend": 2066.557869, "fair_value": 1644.702706, "relative_strength": -24.525653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.794106, "energy": 69.522075, "activity_lines": [ 1785.719442, 1828.406485, 1877.818606, 1950.73714 ] }, { "date": "2025-07-11", "close": 1775.088989, "volume": 0, "typical_volume": 1.7, "trend": 2044.506539, "fair_value": 1648.203246, "relative_strength": -22.590491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.57954, "energy": 76.159436, "activity_lines": [ 1775.058764, 1816.490723, 1861.886983, 1931.932696 ] }, { "date": "2025-07-18", "close": 1911.941406, "volume": 31, "typical_volume": 3.25, "trend": 2027.016955, "fair_value": 1652.581044, "relative_strength": -15.994864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.553384, "energy": 64.782824, "activity_lines": [ 1820.696386, 1829.418144, 1860.592276, 1923.380107 ] }, { "date": "2025-07-25", "close": 1911.941406, "volume": 0, "typical_volume": 3.25, "trend": 2009.521415, "fair_value": 1656.958842, "relative_strength": -17.231786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.182836, "energy": 42.615497, "activity_lines": [ 1857.200439, 1839.818266, 1860.249245, 1915.955878 ] }, { "date": "2025-08-01", "close": 1911.941406, "volume": 0, "typical_volume": 3.25, "trend": 1992.025875, "fair_value": 1661.33664, "relative_strength": -16.332442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.74117, "energy": 35.872222, "activity_lines": [ 1884.570923, 1850.990709, 1860.85789, 1909.660393 ] }, { "date": "2025-08-08", "close": 1911.941406, "volume": 0, "typical_volume": 3.25, "trend": 1974.530334, "fair_value": 1665.714438, "relative_strength": -17.756076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.215212, "energy": 31.593593, "activity_lines": [ 1902.817912, 1862.587879, 1862.418209, 1904.493653 ] }, { "date": "2025-08-15", "close": 2097.741455, "volume": 42, "typical_volume": 5.35, "trend": 1971.350818, "fair_value": 1671.283263, "relative_strength": -10.067673, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.937881, "energy": 64.319515, "activity_lines": [ 1973.874756, 1908.391604, 1882.625447, 1912.442758 ] }, { "date": "2025-08-22", "close": 2097.741455, "volume": 0, "typical_volume": 5.35, "trend": 1968.171301, "fair_value": 1676.852087, "relative_strength": -11.318296, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.041144, "energy": 85.302853, "activity_lines": [ 2023.421435, 1951.241872, 1902.901087, 1920.596992 ] }, { "date": "2025-08-29", "close": 2097.741455, "volume": 0, "typical_volume": 5.35, "trend": 1964.991785, "fair_value": 1682.420911, "relative_strength": -10.23072, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.076628, "energy": 83.50896, "activity_lines": [ 2060.581445, 1988.222985, 1923.245129, 1928.956357 ] }, { "date": "2025-09-05", "close": 2097.741455, "volume": 0, "typical_volume": 5.1, "trend": 1961.812268, "fair_value": 1687.989735, "relative_strength": -12.459112, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.103118, "energy": 82.861636, "activity_lines": [ 2085.354785, 2019.334941, 1943.657574, 1937.520852 ] }, { "date": "2025-09-12", "close": 2149.975342, "volume": 35, "typical_volume": 6.85, "trend": 1960.373881, "fair_value": 1694.176229, "relative_strength": -11.828062, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.299918, "energy": 87.118626, "activity_lines": [ 2115.152751, 2054.077559, 1967.498001, 1949.660405 ] }, { "date": "2025-09-19", "close": 2072.848389, "volume": 850, "typical_volume": 49.35, "trend": 1959.07572, "fair_value": 1700.408232, "relative_strength": -13.674921, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.444475, "energy": 71.210489, "activity_lines": [ 2103.372803, 2067.980979, 1982.197597, 1956.916825 ] }, { "date": "2025-09-26", "close": 2073.005615, "volume": 0, "typical_volume": 49.35, "trend": 1957.7828, "fair_value": 1706.641243, "relative_strength": -14.710644, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.57924, "energy": 66.79617, "activity_lines": [ 2093.304801, 2076.499179, 1995.484031, 1964.267141 ] }, { "date": "2025-10-03", "close": 2073.005615, "volume": 0, "typical_volume": 49.05, "trend": 1956.48988, "fair_value": 1712.874254, "relative_strength": -13.827284, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.999451, "energy": 63.363861, "activity_lines": [ 2084.885856, 2082.088938, 2007.341582, 1971.700871 ] }, { "date": "2025-10-10", "close": 1961.567139, "volume": 39, "typical_volume": 50.75, "trend": 1951.482344, "fair_value": 1718.392916, "relative_strength": -16.046016, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.122848, "energy": 29.68751, "activity_lines": [ 2040.969808, 2064.488716, 2008.021246, 1972.028436 ] }, { "date": "2025-10-17", "close": 1963.834961, "volume": 10, "typical_volume": 51.25, "trend": 1946.550403, "fair_value": 1723.926115, "relative_strength": -17.041377, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.310836, "energy": 39.27307, "activity_lines": [ 2006.887988, 2046.39854, 2008.791818, 1972.825379 ] }, { "date": "2025-10-24", "close": 1963.834961, "volume": 0, "typical_volume": 51.25, "trend": 1941.608036, "fair_value": 1729.170174, "relative_strength": -15.679312, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.659082, "energy": 36.765776, "activity_lines": [ 1985.215527, 2027.364844, 2009.426517, 1973.940512 ] }, { "date": "2025-10-31", "close": 1925.922729, "volume": 5, "typical_volume": 50.6, "trend": 1935.401929, "fair_value": 1734.171205, "relative_strength": -18.836196, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.786274, "energy": 39.613131, "activity_lines": [ 1958.173218, 2003.872678, 2006.314652, 1972.928556 ] }, { "date": "2025-11-07", "close": 1925.922729, "volume": 0, "typical_volume": 50.6, "trend": 1929.195821, "fair_value": 1739.172237, "relative_strength": -19.032514, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -17.105465, "energy": 41.225018, "activity_lines": [ 1940.936434, 1983.50449, 2002.483812, 1972.316995 ] }, { "date": "2025-11-14", "close": 1925.922729, "volume": 0, "typical_volume": 50.6, "trend": 1934.295247, "fair_value": 1744.173268, "relative_strength": -16.995532, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.121818, "energy": 72.373838, "activity_lines": [ 1933.505175, 1966.260278, 1997.933996, 1972.105828 ] }, { "date": "2025-11-21", "close": 1925.922729, "volume": 0, "typical_volume": 50.6, "trend": 1939.394674, "fair_value": 1749.174299, "relative_strength": -15.705902, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.947452, "energy": 74.964933, "activity_lines": [ 1928.450211, 1952.140043, 1992.665924, 1971.565666 ] }, { "date": "2025-11-28", "close": 1925.922729, "volume": 0, "typical_volume": 50.6, "trend": 1944.4941, "fair_value": 1753.75905, "relative_strength": -17.246582, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.93077, "energy": 72.010038, "activity_lines": [ 1925.922729, 1942.093492, 1986.679597, 1970.696508 ] }, { "date": "2025-12-05", "close": 2009.988647, "volume": 19, "typical_volume": 50.0, "trend": 1952.395723, "fair_value": 1758.882684, "relative_strength": -12.613961, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.446712, "energy": 18.362638, "activity_lines": [ 1953.944702, 1950.003029, 1987.981291, 1974.921962 ] }, { "date": "2025-12-12", "close": 2009.988647, "volume": 0, "typical_volume": 50.0, "trend": 1954.248043, "fair_value": 1764.006319, "relative_strength": -13.676652, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.991692, "energy": 34.645082, "activity_lines": [ 1976.36228, 1959.058329, 1988.816094, 1978.637635 ] }, { "date": "2025-12-19", "close": 2009.988647, "volume": 0, "typical_volume": 50.0, "trend": 1956.737618, "fair_value": 1769.128706, "relative_strength": -11.83633, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.914735, "energy": 53.272807, "activity_lines": [ 1993.175463, 1969.259392, 1989.184005, 1982.233803 ] }, { "date": "2025-12-26", "close": 2010.168335, "volume": 0, "typical_volume": 50.0, "trend": 1959.233183, "fair_value": 1774.252245, "relative_strength": -13.189834, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.253895, "energy": 56.059064, "activity_lines": [ 2004.444148, 1978.612735, 1989.102138, 1985.680946 ] }, { "date": "2026-01-02", "close": 2010.168335, "volume": 0, "typical_volume": 47.9, "trend": 1961.728747, "fair_value": 1779.375784, "relative_strength": -10.264745, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 43.529337, "energy": 57.522162, "activity_lines": [ 2010.09646, 1987.123652, 1988.552523, 1988.967085 ] }, { "date": "2026-01-09", "close": 1998.179199, "volume": 12, "typical_volume": 48.5, "trend": 1969.170125, "fair_value": 1784.42247, "relative_strength": -12.484004, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.37299, "energy": 77.754554, "activity_lines": [ 2006.136019, 1992.612302, 1987.278101, 1991.318727 ] }, { "date": "2026-01-16", "close": 1998.179199, "volume": 0, "typical_volume": 48.5, "trend": 1976.611503, "fair_value": 1789.469155, "relative_strength": -13.206246, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.953008, "energy": 66.774245, "activity_lines": [ 2002.962874, 1996.787198, 1986.477785, 1993.19028 ] }, { "date": "2026-01-23", "close": 1998.179199, "volume": 0, "typical_volume": 48.5, "trend": 1984.047843, "fair_value": 1794.515841, "relative_strength": -13.900573, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.15797, "energy": 45.357406, "activity_lines": [ 2000.577026, 1999.64834, 1986.151574, 1994.581744 ] }, { "date": "2026-01-30", "close": 1902.266724, "volume": 250, "typical_volume": 59.25, "trend": 1988.287101, "fair_value": 1798.947703, "relative_strength": -16.618451, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -47.216833, "energy": 61.020594, "activity_lines": [ 1967.00765, 1983.757096, 1977.164949, 1989.305543 ] }, { "date": "2026-02-06", "close": 1997.180176, "volume": 125, "typical_volume": 23.0, "trend": 1995.690141, "fair_value": 1803.57541, "relative_strength": -15.788374, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -29.322566, "energy": 33.009953, "activity_lines": [ 1972.269531, 1985.552952, 1978.397264, 1989.87929 ] }, { "date": "2026-02-13", "close": 2066.117432, "volume": 384, "typical_volume": 42.2, "trend": 2000.829342, "fair_value": 1808.645022, "relative_strength": -13.116131, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.441028, "energy": 18.107734, "activity_lines": [ 2001.376376, 1998.587265, 1986.555358, 1994.422986 ] }, { "date": "2026-02-20", "close": 2066.117432, "volume": 0, "typical_volume": 42.2, "trend": 2005.968542, "fair_value": 1813.714634, "relative_strength": -12.540215, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.906835, "energy": 38.750991, "activity_lines": [ 2025.954004, 2010.601054, 1994.746252, 1998.635121 ] }, { "date": "2026-02-27", "close": 2066.117432, "volume": 0, "typical_volume": 40.25, "trend": 2011.107743, "fair_value": 1818.784246, "relative_strength": -11.917372, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.399822, "energy": 60.241988, "activity_lines": [ 2046.002417, 2021.594321, 2002.969947, 2002.515695 ] }, { "date": "2026-03-06", "close": 2066.117432, "volume": 0, "typical_volume": 39.75, "trend": 2016.246944, "fair_value": 1823.853858, "relative_strength": -6.052502, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.452609, "energy": 80.692363, "activity_lines": [ 2061.521615, 2031.567063, 2010.695783, 2006.064707 ] }, { "date": "2026-03-13", "close": 2066.117432, "volume": 0, "typical_volume": 39.75, "trend": 2015.19281, "fair_value": 1828.923471, "relative_strength": -3.170841, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.24425, "energy": 78.919821, "activity_lines": [ 2066.117432, 2040.52255, 2017.934561, 2009.282158 ] }, { "date": "2026-03-20", "close": 1721.711304, "volume": 37273, "typical_volume": 1903.15, "trend": 2002.658472, "fair_value": 1831.784194, "relative_strength": -16.754246, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.297857, "energy": 47.239466, "activity_lines": [ 1951.315389, 1985.841484, 1991.885695, 1990.347867 ] }, { "date": "2026-03-27", "close": 1723.280029, "volume": 0, "typical_volume": 1903.15, "trend": 1990.176424, "fair_value": 1834.654973, "relative_strength": -19.196805, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.39397, "energy": 94.472938, "activity_lines": [ 1859.996664, 1936.47233, 1966.958667, 1972.323451 ] }, { "date": "2026-04-03", "close": 1723.280029, "volume": 0, "typical_volume": 1903.15, "trend": 1977.694377, "fair_value": 1837.525752, "relative_strength": -21.927015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.224312, "energy": 94.676268, "activity_lines": [ 1791.533765, 1892.101343, 1942.996604, 1955.104329 ] }, { "date": "2026-04-10", "close": 1723.280029, "volume": 0, "typical_volume": 1903.15, "trend": 1963.471199, "fair_value": 1840.396531, "relative_strength": -21.503428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.508033, "energy": 92.049547, "activity_lines": [ 1745.926693, 1852.728522, 1919.999506, 1938.6905 ] }, { "date": "2026-04-17", "close": 1723.280029, "volume": 0, "typical_volume": 1903.15, "trend": 1951.818921, "fair_value": 1843.26731, "relative_strength": -20.856179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.311024, "energy": 88.53095, "activity_lines": [ 1723.175447, 1816.610005, 1897.967374, 1923.194295 ] }, { "date": "2026-04-24", "close": 1720.624268, "volume": 0, "typical_volume": 1902.2, "trend": 1940.072876, "fair_value": 1846.121066, "relative_strength": -19.982545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.537707, "energy": 89.173103, "activity_lines": [ 1722.394775, 1784.988625, 1876.647277, 1908.278511 ] }, { "date": "2026-05-01", "close": 1720.624268, "volume": 0, "typical_volume": 1902.2, "trend": 1928.326831, "fair_value": 1848.974821, "relative_strength": -18.03886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.243495, "energy": 88.413909, "activity_lines": [ 1721.686572, 1759.648939, 1856.705106, 1894.120537 ] }, { "date": "2026-05-08", "close": 1720.624268, "volume": 0, "typical_volume": 1902.2, "trend": 1920.295402, "fair_value": 1851.828576, "relative_strength": -20.048525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.969834, "energy": 87.938527, "activity_lines": [ 1721.15542, 1740.590947, 1838.14086, 1880.720371 ] }, { "date": "2026-05-15", "close": 1675.234253, "volume": 34834, "typical_volume": 3643.9, "trend": 1910.675378, "fair_value": 1854.391369, "relative_strength": -19.550865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.063986, "energy": 95.358394, "activity_lines": [ 1705.671314, 1719.561919, 1816.631681, 1864.909975 ] }, { "date": "2026-05-22", "close": 1675.234253, "volume": 0, "typical_volume": 3643.9, "trend": 1901.055355, "fair_value": 1856.954163, "relative_strength": -19.53584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.363593, "energy": 93.316711, "activity_lines": [ 1693.390259, 1705.639857, 1796.717427, 1849.720225 ] }, { "date": "2026-05-29", "close": 1793.351929, "volume": 258, "typical_volume": 3656.2, "trend": 1896.636328, "fair_value": 1860.274121, "relative_strength": -13.783902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.749271, "energy": 61.316629, "activity_lines": [ 1723.684815, 1720.300704, 1789.647399, 1842.771617 ] }, { "date": "2026-06-05", "close": 1793.351929, "volume": 0, "typical_volume": 3656.2, "trend": 1892.217301, "fair_value": 1863.594079, "relative_strength": -10.241129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.6768, "energy": 52.214627, "activity_lines": [ 1749.13086, 1733.658993, 1783.55274, 1836.108107 ] }, { "date": "2026-06-12", "close": 1793.351929, "volume": 0, "typical_volume": 3656.2, "trend": 1887.798275, "fair_value": 1866.914037, "relative_strength": -12.38446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.2398, "energy": 37.488476, "activity_lines": [ 1769.728394, 1745.743249, 1778.433448, 1829.729696 ] }, { "date": "2026-06-19", "close": 1793.351929, "volume": 0, "typical_volume": 3643.7, "trend": 1883.379248, "fair_value": 1870.232851, "relative_strength": -11.777069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.824443, "energy": 57.464505, "activity_lines": [ 1785.477417, 1756.553469, 1774.289524, 1823.636383 ] }, { "date": "2026-06-26", "close": 1796.119995, "volume": 0, "typical_volume": 3637.45, "trend": 1879.05249, "fair_value": 1873.569409, "relative_strength": -10.770123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.528062, "energy": 73.008209, "activity_lines": [ 1794.274618, 1766.59294, 1770.927868, 1818.006754 ] }, { "date": "2026-07-03", "close": 1796.119995, "volume": 0, "typical_volume": 3618.25, "trend": 1871.923535, "fair_value": 1876.905967, "relative_strength": -10.329132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.153768, "energy": 64.854717, "activity_lines": [ 1795.012769, 1775.308048, 1768.52364, 1812.65627 ] }, { "date": "2026-07-10", "close": 1796.119995, "volume": 0, "typical_volume": 3618.25, "trend": 1864.79458, "fair_value": 1880.242525, "relative_strength": -9.313789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.460435, "energy": 57.793717, "activity_lines": [ 1795.566382, 1782.650506, 1767.405115, 1807.765719 ] }, { "date": "2026-07-17", "close": 1910.0, "volume": 10, "typical_volume": 3618.75, "trend": 1861.461625, "fair_value": 1884.309083, "relative_strength": -3.432686, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 36.59945, "energy": 54.521369, "activity_lines": [ 1833.895459, 1809.32577, 1778.418007, 1810.682198 ] }, { "date": "2026-07-24", "close": 1910.0, "volume": 0, "typical_volume": 3618.75, "trend": 1858.122681, "fair_value": 1887.454286, "relative_strength": -2.779033, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.562735, "energy": 64.181374, "activity_lines": [ 1864.447998, 1832.557839, 1790.174315, 1813.813706 ] }, { "date": "2026-07-31", "close": 1910.0, "volume": 0, "typical_volume": 3618.75, "trend": 1854.783736, "fair_value": 1890.59949, "relative_strength": -3.264757, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.126597, "energy": 79.266173, "activity_lines": [ 1887.223999, 1851.52144, 1802.67404, 1817.16063 ] }, { "date": "2026-08-07", "close": 1910.0, "volume": 0, "typical_volume": 1755.1, "trend": 1851.84443, "fair_value": 1893.744693, "relative_strength": -2.989421, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.871907, "energy": 78.225281, "activity_lines": [ 1902.408, 1866.216573, 1815.917181, 1820.72297 ] } ], "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." } } }