{ "ticker": { "uuid": "009fe632-8034-4137-bf87-60f93ed145bb", "symbol": "MTZ", "name": "MasTec Inc", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 57.571, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -40.295, "architecture_energy": 63.758, "architecture_maturity": 16.155, "architecture_confidence": 85.762, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 24.67, "rotation_up": 14.11, "upward_expansion": 27.65, "deceleration": 49.78, "rotation_down": 72.77, "downward_expansion": 54.99 }, "activity_lines": [ 297.352667, 327.648182, 352.01981, 347.617806 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 272.46, "trend_reference": 331.033333, "distance_from_trend": -0.176941, "trend_direction": "Improving", "fair_value": 166.964872, "distance_from_fair_value": 0.63184, "fair_value_direction": "Weakening", "relative_strength": -11.50863, "relative_strength_direction": "Weakening", "price_momentum": 0.05132, "excess_performance": -0.074305, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.176941, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.153666, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.63184, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.199718, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.115086, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.731543, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.05132, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.56185, "read": "Supply-led" } ], "volume": { "latest": 7992381, "relative_activity": 1.433865, "balance": 0.56185, "dry_up": 1.370405, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.156782, "annualized_volatility": 0.506908, "from_high_reference": -0.382779, "from_low_reference": 0.625075 }, "levels": { "trend_reference": 331.033333, "fair_value_reference": 166.964872, "structural_low": 252.4501, "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": 5, "median_return": -0.047098, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.046022, "regime_survival": 0.4, "best_return": -0.009457, "worst_return": -0.25127, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.026285, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.024984, "regime_survival": 0.0, "best_return": 0.34534, "worst_return": -0.275888, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.006976, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.038673, "regime_survival": 0.0, "best_return": 0.574819, "worst_return": -0.044201, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.06017, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.079368, "regime_survival": 0.0, "best_return": 1.406839, "worst_return": -0.107928, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-12", "end": "2024-03-01", "tenure": "Developing", "return": 0.18044, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-08", "end": "2024-03-22", "tenure": "New", "return": -0.02717, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-07-05", "tenure": "Established", "return": 0.078606, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-08-16", "tenure": "Developing", "return": 0.02974, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-23", "end": "2025-03-07", "tenure": "Extended", "return": 0.031443, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.119678, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.204223, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.064431, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.063299, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-11-07", "tenure": "Established", "return": 0.22436, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.142025, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-06-05", "tenure": "Established", "return": 0.646487, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-31", "tenure": "Developing", "return": -0.275147, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 94.16, "volume": 2269564, "typical_volume": 3273665.8, "trend": 99.649, "fair_value": 86.388077, "relative_strength": -5.745965, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.084514, "energy": 31.115295, "activity_lines": [ 99.646, 105.748545, 105.310238, 102.497763 ] }, { "date": "2023-08-25", "close": 96.37, "volume": 2236569, "typical_volume": 3276283.7, "trend": 99.640333, "fair_value": 86.706731, "relative_strength": -4.366903, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.814515, "energy": 38.7891, "activity_lines": [ 97.132667, 103.470545, 104.799238, 102.286215 ] }, { "date": "2023-09-01", "close": 99.47, "volume": 2472205, "typical_volume": 3298316.75, "trend": 99.667333, "fair_value": 87.056346, "relative_strength": -3.87436, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.000706, "energy": 36.815207, "activity_lines": [ 96.874, 102.004727, 104.540238, 102.275226 ] }, { "date": "2023-09-08", "close": 91.74, "volume": 2509597, "typical_volume": 3325451.25, "trend": 99.570667, "fair_value": 87.369231, "relative_strength": -10.213505, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.71975, "energy": 54.82273, "activity_lines": [ 95.208667, 99.334727, 103.492286, 101.763785 ] }, { "date": "2023-09-15", "close": 84.39, "volume": 5355109, "typical_volume": 3466679.45, "trend": 99.169333, "fair_value": 87.631603, "relative_strength": -17.143587, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.960182, "energy": 63.087039, "activity_lines": [ 91.614667, 95.805273, 101.717857, 100.784387 ] }, { "date": "2023-09-22", "close": 76.6, "volume": 3902712, "typical_volume": 3460911.3, "trend": 98.483333, "fair_value": 87.853077, "relative_strength": -22.377061, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.627484, "energy": 75.774633, "activity_lines": [ 86.072667, 91.429636, 99.222571, 99.328301 ] }, { "date": "2023-09-29", "close": 71.97, "volume": 5635489, "typical_volume": 3572800.4, "trend": 97.476, "fair_value": 88.041282, "relative_strength": -26.491776, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.807353, "energy": 85.089988, "activity_lines": [ 80.158, 86.912909, 96.346952, 97.617763 ] }, { "date": "2023-10-06", "close": 68.89, "volume": 5207560, "typical_volume": 3647164.2, "trend": 96.571667, "fair_value": 88.183205, "relative_strength": -29.838853, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.156031, "energy": 94.096837, "activity_lines": [ 74.843333, 82.612909, 93.287619, 95.773505 ] }, { "date": "2023-10-13", "close": 63.79, "volume": 5621421, "typical_volume": 3748887.05, "trend": 95.795, "fair_value": 88.283333, "relative_strength": -35.081101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.601165, "energy": 94.78719, "activity_lines": [ 69.867333, 78.260727, 89.875714, 93.658559 ] }, { "date": "2023-10-20", "close": 61.16, "volume": 4892520, "typical_volume": 3827752.4, "trend": 94.784333, "fair_value": 88.348141, "relative_strength": -35.913815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.855037, "energy": 93.309044, "activity_lines": [ 65.878, 74.080727, 86.377381, 91.424043 ] }, { "date": "2023-10-27", "close": 59.15, "volume": 4529964, "typical_volume": 3880680.35, "trend": 93.608, "fair_value": 88.409103, "relative_strength": -36.128497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.254534, "energy": 91.963946, "activity_lines": [ 62.767333, 70.134545, 82.899381, 89.125054 ] }, { "date": "2023-11-03", "close": 51.58, "volume": 14703844, "typical_volume": 4440316.7, "trend": 92.417667, "fair_value": 88.400321, "relative_strength": -46.856899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.154169, "energy": 95.60131, "activity_lines": [ 58.296667, 65.448545, 78.942619, 86.41357 ] }, { "date": "2023-11-10", "close": 49.26, "volume": 7122281, "typical_volume": 4657841.55, "trend": 91.113333, "fair_value": 88.370897, "relative_strength": -49.352712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.036941, "energy": 94.510571, "activity_lines": [ 54.412, 61.155091, 75.043286, 83.629204 ] }, { "date": "2023-11-17", "close": 53.37, "volume": 5241695, "typical_volume": 4758600.7, "trend": 90.019667, "fair_value": 88.353462, "relative_strength": -45.79134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.383559, "energy": 86.799648, "activity_lines": [ 53.206, 58.521818, 71.82719, 81.194151 ] }, { "date": "2023-11-24", "close": 57.18, "volume": 4642415, "typical_volume": 4901271.3, "trend": 88.965333, "fair_value": 88.349423, "relative_strength": -41.966673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.762655, "energy": 72.438595, "activity_lines": [ 53.964667, 57.278909, 69.281571, 79.075462 ] }, { "date": "2023-12-01", "close": 63.12, "volume": 7039443, "typical_volume": 5077952.95, "trend": 88.091667, "fair_value": 88.352821, "relative_strength": -36.00998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.783049, "energy": 63.027515, "activity_lines": [ 56.968667, 57.610727, 67.580571, 77.408022 ] }, { "date": "2023-12-08", "close": 66.43, "volume": 5987884, "typical_volume": 5257922.05, "trend": 87.139667, "fair_value": 88.343077, "relative_strength": -32.308111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.72162, "energy": 48.624341, "activity_lines": [ 60.811333, 58.789455, 66.442524, 76.010495 ] }, { "date": "2023-12-15", "close": 72.89, "volume": 6911364, "typical_volume": 5447184.65, "trend": 86.341, "fair_value": 88.386731, "relative_strength": -26.998096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.384196, "energy": 33.257374, "activity_lines": [ 65.817333, 61.243455, 66.149524, 75.091161 ] }, { "date": "2023-12-22", "close": 73.09, "volume": 3638085, "typical_volume": 5264720.8, "trend": 85.502667, "fair_value": 88.407372, "relative_strength": -26.99644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.860145, "energy": 36.223909, "activity_lines": [ 69.314667, 63.661091, 66.085714, 74.236258 ] }, { "date": "2023-12-29", "close": 75.72, "volume": 2387082, "typical_volume": 5115340.15, "trend": 84.505667, "fair_value": 88.455705, "relative_strength": -24.169835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.883868, "energy": 30.324989, "activity_lines": [ 72.374, 66.387818, 66.398429, 73.605118 ] }, { "date": "2024-01-05", "close": 70.31, "volume": 3020584, "typical_volume": 5152891.15, "trend": 83.182333, "fair_value": 88.41641, "relative_strength": -27.885251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.459712, "energy": 26.390315, "activity_lines": [ 72.394, 67.866182, 66.283524, 72.689269 ] }, { "date": "2024-01-12", "close": 71.88, "volume": 4080040, "typical_volume": 5245064.7, "trend": 81.910333, "fair_value": 88.356603, "relative_strength": -26.962477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.286766, "energy": 22.28884, "activity_lines": [ 72.458, 69.427091, 66.431714, 71.960086 ] }, { "date": "2024-01-19", "close": 63.16, "volume": 7132219, "typical_volume": 5478065.4, "trend": 80.331, "fair_value": 88.23391, "relative_strength": -35.911685, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.241338, "energy": 16.561824, "activity_lines": [ 69.252, 69.033455, 65.866048, 70.750387 ] }, { "date": "2024-01-26", "close": 64.95, "volume": 6223478, "typical_volume": 5663759.45, "trend": 78.563667, "fair_value": 88.155705, "relative_strength": -34.095066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.756962, "energy": 24.95848, "activity_lines": [ 67.291333, 68.712545, 65.643762, 69.758065 ] }, { "date": "2024-02-02", "close": 70.71, "volume": 4206855, "typical_volume": 5606346.75, "trend": 77.062333, "fair_value": 88.067436, "relative_strength": -28.579107, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.872771, "energy": 20.446384, "activity_lines": [ 67.793333, 69.228364, 66.097619, 69.251376 ] }, { "date": "2024-02-09", "close": 70.89, "volume": 3116523, "typical_volume": 5567037.3, "trend": 75.587333, "fair_value": 87.966923, "relative_strength": -28.7323, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.578295, "energy": 19.44089, "activity_lines": [ 68.689333, 69.530909, 66.633762, 68.853161 ] }, { "date": "2024-02-16", "close": 71.08, "volume": 4554196, "typical_volume": 5512972.65, "trend": 74.133667, "fair_value": 87.872051, "relative_strength": -27.611395, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.063671, "energy": 9.209315, "activity_lines": [ 69.61, 69.726727, 67.21519, 68.562366 ] }, { "date": "2024-02-23", "close": 70.91, "volume": 3190125, "typical_volume": 5412100.9, "trend": 72.596667, "fair_value": 87.770513, "relative_strength": -28.2028, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.883378, "energy": 11.969332, "activity_lines": [ 70.527333, 69.807091, 67.784667, 68.354387 ] }, { "date": "2024-03-01", "close": 84.85, "volume": 8188015, "typical_volume": 5540430.6, "trend": 72.106333, "fair_value": 87.719615, "relative_strength": -14.151347, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 55.681737, "energy": 57.866343, "activity_lines": [ 75.574667, 72.458, 69.672143, 69.144925 ] }, { "date": "2024-03-08", "close": 92.38, "volume": 5873128, "typical_volume": 5589461.0, "trend": 72.048333, "fair_value": 87.677628, "relative_strength": -5.647544, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 64.927852, "energy": 77.839695, "activity_lines": [ 81.805333, 76.264182, 72.176476, 70.452903 ] }, { "date": "2024-03-15", "close": 84.41, "volume": 4387994, "typical_volume": 5582362.5, "trend": 71.723333, "fair_value": 87.626859, "relative_strength": -13.207494, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.392706, "energy": 73.544628, "activity_lines": [ 83.934667, 78.318364, 73.773095, 71.25043 ] }, { "date": "2024-03-22", "close": 89.87, "volume": 3277949, "typical_volume": 5011067.75, "trend": 71.506667, "fair_value": 87.625192, "relative_strength": -9.041558, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.183553, "energy": 89.073185, "activity_lines": [ 86.982667, 81.108909, 75.769429, 72.421183 ] }, { "date": "2024-03-29", "close": 93.25, "volume": 2704283, "typical_volume": 4790167.85, "trend": 71.299333, "fair_value": 87.615321, "relative_strength": -5.421125, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.46268, "energy": 90.637924, "activity_lines": [ 89.904667, 84.186909, 77.905333, 73.823978 ] }, { "date": "2024-04-05", "close": 93.39, "volume": 3196574, "typical_volume": 4687911.8, "trend": 71.354333, "fair_value": 87.575385, "relative_strength": -4.076202, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.914338, "energy": 85.702321, "activity_lines": [ 91.384, 86.743273, 79.845095, 75.249183 ] }, { "date": "2024-04-12", "close": 87.96, "volume": 3333329, "typical_volume": 4622457.5, "trend": 71.473333, "fair_value": 87.487628, "relative_strength": -7.886248, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.963592, "energy": 64.719167, "activity_lines": [ 90.484, 87.795273, 81.077143, 76.320516 ] }, { "date": "2024-04-19", "close": 84.42, "volume": 3638020, "typical_volume": 4452386.35, "trend": 71.734, "fair_value": 87.377244, "relative_strength": -8.399805, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.285735, "energy": 52.821262, "activity_lines": [ 88.698667, 87.89, 81.825476, 77.155785 ] }, { "date": "2024-04-26", "close": 89.04, "volume": 2882699, "typical_volume": 4297127.1, "trend": 72.303, "fair_value": 87.279038, "relative_strength": -5.472191, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.035113, "energy": 42.675852, "activity_lines": [ 88.452667, 88.578727, 82.912381, 78.272301 ] }, { "date": "2024-05-03", "close": 101.8, "volume": 6475182, "typical_volume": 4275318.0, "trend": 73.4, "fair_value": 87.218269, "relative_strength": 7.663235, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.978239, "energy": 55.185274, "activity_lines": [ 92.515333, 91.260909, 85.106857, 80.175333 ] }, { "date": "2024-05-10", "close": 108.07, "volume": 5316220, "typical_volume": 4359224.75, "trend": 74.876, "fair_value": 87.151987, "relative_strength": 12.510579, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.03344, "energy": 65.656506, "activity_lines": [ 98.098, 94.521455, 87.76081, 82.412108 ] }, { "date": "2024-05-17", "close": 107.33, "volume": 3219734, "typical_volume": 4400857.35, "trend": 76.415, "fair_value": 87.096282, "relative_strength": 10.29113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.595993, "energy": 85.063893, "activity_lines": [ 102.455333, 97.225273, 90.177714, 84.505914 ] }, { "date": "2024-05-24", "close": 112.21, "volume": 3425491, "typical_volume": 4421102.7, "trend": 78.183667, "fair_value": 87.069872, "relative_strength": 15.614704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.200975, "energy": 91.503143, "activity_lines": [ 107.148, 100.544545, 92.908857, 86.815269 ] }, { "date": "2024-05-31", "close": 112.25, "volume": 2756004, "typical_volume": 4354900.9, "trend": 80.206, "fair_value": 87.023718, "relative_strength": 16.569589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.487124, "energy": 90.666754, "activity_lines": [ 110.001333, 103.365636, 95.444286, 89.013097 ] }, { "date": "2024-06-07", "close": 107.07, "volume": 3968979, "typical_volume": 4196738.9, "trend": 82.133, "fair_value": 86.958654, "relative_strength": 10.495722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.490148, "energy": 84.519075, "activity_lines": [ 109.580667, 104.838, 97.294143, 90.746258 ] }, { "date": "2024-06-14", "close": 107.71, "volume": 2353279, "typical_volume": 4003228.95, "trend": 83.944333, "fair_value": 87.006731, "relative_strength": 9.997396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.528378, "energy": 72.726599, "activity_lines": [ 109.022, 106.175455, 98.995857, 92.396387 ] }, { "date": "2024-06-21", "close": 111.63, "volume": 3789219, "typical_volume": 3982347.15, "trend": 85.759333, "fair_value": 87.032051, "relative_strength": 13.923077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.743625, "energy": 64.328689, "activity_lines": [ 109.794, 107.965273, 100.867286, 94.182559 ] }, { "date": "2024-06-28", "close": 106.99, "volume": 4092221, "typical_volume": 4031132.05, "trend": 87.221667, "fair_value": 87.040256, "relative_strength": 10.108199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.723875, "energy": 53.289145, "activity_lines": [ 108.732667, 108.481091, 102.101952, 95.55228 ] }, { "date": "2024-07-05", "close": 100.58, "volume": 3858771, "typical_volume": 3996360.8, "trend": 88.36, "fair_value": 87.017372, "relative_strength": 2.519737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.304198, "energy": 39.280592, "activity_lines": [ 105.882667, 107.421091, 102.554238, 96.414108 ] }, { "date": "2024-07-12", "close": 107.6, "volume": 3923144, "typical_volume": 4033011.75, "trend": 89.517, "fair_value": 87.071346, "relative_strength": 9.433182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.354764, "energy": 35.849228, "activity_lines": [ 106.150667, 107.427636, 103.534619, 97.655398 ] }, { "date": "2024-07-19", "close": 105.14, "volume": 4234685, "typical_volume": 3835345.25, "trend": 90.585333, "fair_value": 87.101603, "relative_strength": 9.86427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.726601, "energy": 26.905081, "activity_lines": [ 105.563333, 106.881455, 104.106, 98.663333 ] }, { "date": "2024-07-26", "close": 109.58, "volume": 3049828, "typical_volume": 3694180.25, "trend": 91.714, "fair_value": 87.155128, "relative_strength": 16.209875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.143913, "energy": 30.563961, "activity_lines": [ 106.627333, 107.195818, 105.003619, 99.888796 ] }, { "date": "2024-08-02", "close": 102.18, "volume": 7225905, "typical_volume": 3836075.8, "trend": 92.776333, "fair_value": 87.205962, "relative_strength": 11.130935, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.676596, "energy": 27.074257, "activity_lines": [ 105.361333, 106.123818, 105.114571, 100.564022 ] }, { "date": "2024-08-09", "close": 106.65, "volume": 5092257, "typical_volume": 3926791.2, "trend": 93.935333, "fair_value": 87.292115, "relative_strength": 16.155074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.5927, "energy": 23.824797, "activity_lines": [ 105.906, 106.046909, 105.566619, 101.459097 ] }, { "date": "2024-08-16", "close": 110.8, "volume": 2723129, "typical_volume": 3927733.5, "trend": 95.523333, "fair_value": 87.428782, "relative_strength": 16.278345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.105042, "energy": 34.553037, "activity_lines": [ 107.429333, 106.826364, 106.334, 102.54714 ] }, { "date": "2024-08-23", "close": 111.95, "volume": 2284840, "typical_volume": 3882146.8, "trend": 97.09, "fair_value": 87.548462, "relative_strength": 16.149219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.967066, "energy": 36.312448, "activity_lines": [ 109.122667, 107.747091, 107.127333, 103.606925 ] }, { "date": "2024-08-30", "close": 113.13, "volume": 2360122, "typical_volume": 3833486.45, "trend": 98.504, "fair_value": 87.685128, "relative_strength": 17.351648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.044847, "energy": 42.972101, "activity_lines": [ 110.755333, 108.805273, 107.944667, 104.641763 ] }, { "date": "2024-09-06", "close": 97.26, "volume": 4246611, "typical_volume": 3863916.0, "trend": 99.383, "fair_value": 87.739231, "relative_strength": 5.585644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.74664, "energy": 11.649634, "activity_lines": [ 106.861333, 106.950727, 107.130714, 104.561505 ] }, { "date": "2024-09-13", "close": 112.28, "volume": 3756969, "typical_volume": 3907629.5, "trend": 100.756333, "fair_value": 87.884551, "relative_strength": 17.09735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.244235, "energy": 28.043464, "activity_lines": [ 108.302, 108.004, 107.686095, 105.39357 ] }, { "date": "2024-09-20", "close": 126.14, "volume": 6909613, "typical_volume": 3929351.05, "trend": 102.597333, "fair_value": 88.135769, "relative_strength": 29.105459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.444774, "energy": 43.290209, "activity_lines": [ 113.987333, 111.364545, 109.45081, 107.031226 ] }, { "date": "2024-09-27", "close": 122.8, "volume": 3447383, "typical_volume": 3835909.2, "trend": 103.862333, "fair_value": 88.350513, "relative_strength": 24.363337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.916047, "energy": 50.292265, "activity_lines": [ 117.536667, 113.780727, 110.781524, 108.334624 ] }, { "date": "2024-10-04", "close": 127.13, "volume": 3465062, "typical_volume": 3848175.6, "trend": 105.020667, "fair_value": 88.601474, "relative_strength": 27.566956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.95963, "energy": 75.387191, "activity_lines": [ 121.806, 116.663091, 112.454476, 109.835763 ] }, { "date": "2024-10-11", "close": 127.39, "volume": 3467663, "typical_volume": 3850284.2, "trend": 106.453333, "fair_value": 88.865128, "relative_strength": 25.402191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.682567, "energy": 77.365489, "activity_lines": [ 125.228667, 119.273636, 114.057905, 111.278946 ] }, { "date": "2024-10-18", "close": 127.15, "volume": 3374114, "typical_volume": 3881189.7, "trend": 107.696, "fair_value": 89.112628, "relative_strength": 23.143068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.942334, "energy": 73.827271, "activity_lines": [ 126.562667, 121.382182, 115.56619, 112.614215 ] }, { "date": "2024-10-25", "close": 121.95, "volume": 2535650, "typical_volume": 3809523.25, "trend": 108.652667, "fair_value": 89.323013, "relative_strength": 18.40584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.119709, "energy": 58.475298, "activity_lines": [ 125.172, 122.172545, 116.508286, 113.533828 ] }, { "date": "2024-11-01", "close": 130.0, "volume": 6070204, "typical_volume": 3995369.5, "trend": 109.873, "fair_value": 89.554808, "relative_strength": 26.521238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.070002, "energy": 48.15887, "activity_lines": [ 126.744, 124.223818, 118.14619, 114.911075 ] }, { "date": "2024-11-08", "close": 144.89, "volume": 5084873, "typical_volume": 4060152.2, "trend": 111.770667, "fair_value": 89.870385, "relative_strength": 32.783393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.849611, "energy": 65.227644, "activity_lines": [ 132.799333, 128.654182, 121.096048, 117.170237 ] }, { "date": "2024-11-15", "close": 135.32, "volume": 4814969, "typical_volume": 4096289.6, "trend": 113.467333, "fair_value": 90.090513, "relative_strength": 25.181605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.478607, "energy": 55.955742, "activity_lines": [ 134.480667, 130.767091, 122.976095, 118.689548 ] }, { "date": "2024-11-22", "close": 142.15, "volume": 4007555, "typical_volume": 4103728.8, "trend": 115.237667, "fair_value": 90.375321, "relative_strength": 27.860277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.904402, "energy": 73.641234, "activity_lines": [ 137.91, 133.429818, 125.371714, 120.540043 ] }, { "date": "2024-11-29", "close": 144.06, "volume": 3603526, "typical_volume": 4087747.9, "trend": 116.646333, "fair_value": 90.727949, "relative_strength": 26.762045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.482044, "energy": 75.405156, "activity_lines": [ 140.976, 135.896727, 127.751286, 122.399548 ] }, { "date": "2024-12-06", "close": 141.92, "volume": 3840245, "typical_volume": 4068025.9, "trend": 117.774667, "fair_value": 91.048269, "relative_strength": 22.707474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.877305, "energy": 62.949895, "activity_lines": [ 141.854667, 137.648727, 129.753429, 124.030108 ] }, { "date": "2024-12-13", "close": 137.78, "volume": 4196419, "typical_volume": 4125355.45, "trend": 118.789667, "fair_value": 91.376859, "relative_strength": 18.980876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.358623, "energy": 53.100684, "activity_lines": [ 140.558667, 138.300364, 131.186143, 125.320774 ] }, { "date": "2024-12-20", "close": 136.56, "volume": 6400010, "typical_volume": 4084060.7, "trend": 119.601333, "fair_value": 91.667051, "relative_strength": 19.242197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.639795, "energy": 45.791027, "activity_lines": [ 139.33, 138.536545, 132.368381, 126.467247 ] }, { "date": "2024-12-27", "close": 135.73, "volume": 1496668, "typical_volume": 3904281.25, "trend": 120.384, "fair_value": 91.945577, "relative_strength": 16.97335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.331836, "energy": 33.183164, "activity_lines": [ 137.742, 138.455091, 133.307857, 127.507806 ] }, { "date": "2025-01-03", "close": 146.69, "volume": 3186855, "typical_volume": 3927467.55, "trend": 121.704667, "fair_value": 92.28359, "relative_strength": 25.88525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.724555, "energy": 41.713888, "activity_lines": [ 140.235333, 140.210364, 135.152667, 129.204968 ] }, { "date": "2025-01-10", "close": 144.6, "volume": 3352740, "typical_volume": 3980862.55, "trend": 122.934333, "fair_value": 92.592308, "relative_strength": 25.361214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.56107, "energy": 41.072917, "activity_lines": [ 141.856667, 141.135818, 136.627524, 130.682086 ] }, { "date": "2025-01-17", "close": 155.0, "volume": 4000855, "typical_volume": 4062899.2, "trend": 124.38, "fair_value": 93.016346, "relative_strength": 28.952263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.092957, "energy": 51.722416, "activity_lines": [ 146.766, 143.686727, 138.937381, 132.750839 ] }, { "date": "2025-01-24", "close": 159.75, "volume": 3393645, "typical_volume": 4020250.9, "trend": 126.138667, "fair_value": 93.494679, "relative_strength": 29.055905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.052051, "energy": 72.08775, "activity_lines": [ 152.110667, 146.917455, 141.500238, 135.032774 ] }, { "date": "2025-01-31", "close": 145.09, "volume": 8091278, "typical_volume": 4236966.35, "trend": 127.622333, "fair_value": 93.880897, "relative_strength": 17.344041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.952198, "energy": 53.023274, "activity_lines": [ 151.022667, 147.038545, 142.369333, 136.255441 ] }, { "date": "2025-02-07", "close": 144.81, "volume": 4544786, "typical_volume": 4118725.0, "trend": 128.862667, "fair_value": 94.238077, "relative_strength": 16.258154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.1292, "energy": 43.790322, "activity_lines": [ 149.217333, 147.055273, 143.055524, 137.364323 ] }, { "date": "2025-02-14", "close": 135.78, "volume": 3848739, "typical_volume": 4138792.8, "trend": 129.884, "fair_value": 94.521923, "relative_strength": 6.6348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.609582, "energy": 22.94382, "activity_lines": [ 144.527333, 145.416545, 142.79281, 137.810602 ] }, { "date": "2025-02-21", "close": 126.51, "volume": 3566204, "typical_volume": 4143849.9, "trend": 130.448333, "fair_value": 94.826154, "relative_strength": 0.329286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 4.167809, "energy": 14.795455, "activity_lines": [ 137.335333, 142.204, 141.585429, 137.592925 ] }, { "date": "2025-02-28", "close": 130.59, "volume": 9244011, "typical_volume": 4432667.3, "trend": 131.395333, "fair_value": 95.183141, "relative_strength": 4.071719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -0.349129, "energy": 19.108479, "activity_lines": [ 133.402667, 139.938182, 140.769571, 137.602065 ] }, { "date": "2025-03-07", "close": 115.47, "volume": 7785773, "typical_volume": 4653250.25, "trend": 131.689333, "fair_value": 95.376026, "relative_strength": -5.212687, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -38.708978, "energy": 39.032429, "activity_lines": [ 126.374, 135.031818, 138.498476, 136.574624 ] }, { "date": "2025-03-14", "close": 120.49, "volume": 7163913, "typical_volume": 4884663.4, "trend": 132.012333, "fair_value": 95.580705, "relative_strength": 0.782156, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.245565, "energy": 49.544375, "activity_lines": [ 122.993333, 131.406545, 136.761095, 135.852086 ] }, { "date": "2025-03-21", "close": 124.03, "volume": 8397753, "typical_volume": 5001040.85, "trend": 132.415, "fair_value": 95.814038, "relative_strength": 2.797259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.608927, "energy": 49.616086, "activity_lines": [ 122.414, 128.901273, 135.36781, 135.337097 ] }, { "date": "2025-03-28", "close": 115.25, "volume": 5155218, "typical_volume": 5004558.1, "trend": 132.485667, "fair_value": 95.991282, "relative_strength": -3.283085, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.325026, "energy": 53.236114, "activity_lines": [ 119.691333, 125.173636, 133.166762, 134.229677 ] }, { "date": "2025-04-04", "close": 106.07, "volume": 7584596, "typical_volume": 5143039.45, "trend": 132.779333, "fair_value": 96.16109, "relative_strength": -2.352403, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.470222, "energy": 62.965753, "activity_lines": [ 114.659333, 120.499636, 130.232571, 132.525441 ] }, { "date": "2025-04-11", "close": 116.98, "volume": 7152129, "typical_volume": 5300268.15, "trend": 132.936, "fair_value": 96.399744, "relative_strength": 1.504764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.702686, "energy": 44.41596, "activity_lines": [ 114.898667, 118.785273, 128.476714, 131.506129 ] }, { "date": "2025-04-18", "close": 116.36, "volume": 3144660, "typical_volume": 5277324.85, "trend": 132.61, "fair_value": 96.660192, "relative_strength": 1.971416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.394649, "energy": 45.128387, "activity_lines": [ 114.830667, 117.469273, 126.781667, 130.43671 ] }, { "date": "2025-04-25", "close": 125.11, "volume": 3387018, "typical_volume": 5254663.5, "trend": 132.687, "fair_value": 97.000577, "relative_strength": 4.353905, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.205357, "energy": 33.792558, "activity_lines": [ 117.954667, 118.261455, 126.051857, 129.952839 ] }, { "date": "2025-05-02", "close": 140.87, "volume": 5797270, "typical_volume": 5334706.05, "trend": 133.145, "fair_value": 97.409808, "relative_strength": 13.686166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.738814, "energy": 14.392608, "activity_lines": [ 126.26, 122.113091, 126.903048, 130.480774 ] }, { "date": "2025-05-09", "close": 148.22, "volume": 4376916, "typical_volume": 5233551.35, "trend": 133.839333, "fair_value": 97.861603, "relative_strength": 19.578388, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.262513, "energy": 23.268328, "activity_lines": [ 135.307333, 127.04, 128.439524, 131.453355 ] }, { "date": "2025-05-16", "close": 157.77, "volume": 4662903, "typical_volume": 5391863.1, "trend": 134.86, "fair_value": 98.358526, "relative_strength": 20.252612, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.304276, "energy": 40.472106, "activity_lines": [ 144.728, 133.382727, 130.83, 132.997269 ] }, { "date": "2025-05-23", "close": 152.45, "volume": 4267428, "typical_volume": 5445891.75, "trend": 135.876667, "fair_value": 98.795513, "relative_strength": 18.722766, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.313799, "energy": 53.061566, "activity_lines": [ 149.656, 137.989091, 132.608857, 134.132108 ] }, { "date": "2025-05-30", "close": 155.93, "volume": 3234679, "typical_volume": 5439988.7, "trend": 136.741, "fair_value": 99.274872, "relative_strength": 18.809842, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.957025, "energy": 60.821116, "activity_lines": [ 153.338, 142.647091, 134.691714, 135.425871 ] }, { "date": "2025-06-06", "close": 163.7, "volume": 3296321, "typical_volume": 5404762.0, "trend": 137.368, "fair_value": 99.795769, "relative_strength": 21.961197, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.62276, "energy": 70.313507, "activity_lines": [ 157.555333, 148.137818, 137.460619, 137.165161 ] }, { "date": "2025-06-13", "close": 162.1, "volume": 3272905, "typical_volume": 5398725.0, "trend": 138.260667, "fair_value": 100.39, "relative_strength": 20.472319, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.363178, "energy": 74.929362, "activity_lines": [ 159.717333, 152.456727, 140.035714, 138.760774 ] }, { "date": "2025-06-20", "close": 163.71, "volume": 3755703, "typical_volume": 5181946.25, "trend": 138.979333, "fair_value": 100.967821, "relative_strength": 21.164505, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.101966, "energy": 72.461878, "activity_lines": [ 161.490667, 156.049636, 142.752952, 140.402667 ] }, { "date": "2025-06-27", "close": 171.99, "volume": 3945364, "typical_volume": 5151975.15, "trend": 139.910333, "fair_value": 101.608269, "relative_strength": 22.188377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.108888, "energy": 79.232729, "activity_lines": [ 165.628, 160.298364, 146.170095, 142.532387 ] }, { "date": "2025-07-04", "close": 171.89, "volume": 4568841, "typical_volume": 5187980.25, "trend": 140.909333, "fair_value": 102.244423, "relative_strength": 19.16673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.112203, "energy": 80.061102, "activity_lines": [ 168.429333, 163.517455, 149.448286, 144.595591 ] }, { "date": "2025-07-11", "close": 170.24, "volume": 3705714, "typical_volume": 5194955.75, "trend": 141.991333, "fair_value": 102.877308, "relative_strength": 17.579289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.952762, "energy": 80.65618, "activity_lines": [ 169.616667, 165.586, 152.397381, 146.487892 ] }, { "date": "2025-07-18", "close": 177.67, "volume": 4087034, "typical_volume": 4937106.9, "trend": 143.361667, "fair_value": 103.551346, "relative_strength": 21.042255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.685929, "energy": 84.295409, "activity_lines": [ 172.844667, 168.471455, 155.845857, 148.789742 ] }, { "date": "2025-07-25", "close": 186.19, "volume": 3775554, "typical_volume": 4736595.95, "trend": 145.043667, "fair_value": 104.23891, "relative_strength": 24.048889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.378126, "energy": 86.250614, "activity_lines": [ 177.874667, 172.370545, 159.881571, 151.55286 ] }, { "date": "2025-08-01", "close": 174.05, "volume": 8543603, "typical_volume": 4805580.45, "trend": 145.955667, "fair_value": 104.833526, "relative_strength": 18.002557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.018425, "energy": 58.546561, "activity_lines": [ 177.359333, 173.545636, 162.424333, 153.424237 ] }, { "date": "2025-08-08", "close": 181.3, "volume": 5105393, "typical_volume": 4640962.45, "trend": 147.179, "fair_value": 105.462692, "relative_strength": 19.144064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.167558, "energy": 59.761038, "activity_lines": [ 179.123333, 175.646182, 165.402524, 155.704516 ] }, { "date": "2025-08-15", "close": 177.8, "volume": 4126334, "typical_volume": 4589518.25, "trend": 147.939, "fair_value": 106.076026, "relative_strength": 15.022222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.392919, "energy": 54.004666, "activity_lines": [ 179.093333, 176.649091, 167.774667, 157.680065 ] }, { "date": "2025-08-22", "close": 176.97, "volume": 4376967, "typical_volume": 4429136.8, "trend": 148.513, "fair_value": 106.67359, "relative_strength": 13.493829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.368129, "energy": 46.376924, "activity_lines": [ 178.282667, 177.244727, 169.769905, 159.553032 ] }, { "date": "2025-08-29", "close": 181.69, "volume": 4273816, "typical_volume": 4285221.15, "trend": 149.733, "fair_value": 107.3325, "relative_strength": 15.844296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.752389, "energy": 46.830258, "activity_lines": [ 179.092, 178.428182, 171.877048, 161.693484 ] }, { "date": "2025-09-05", "close": 178.0, "volume": 3549594, "typical_volume": 4305467.85, "trend": 150.839333, "fair_value": 107.944615, "relative_strength": 12.283553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.44666, "energy": 39.813462, "activity_lines": [ 178.971333, 178.613818, 173.324619, 163.517161 ] }, { "date": "2025-09-12", "close": 189.75, "volume": 4962507, "typical_volume": 4384242.3, "trend": 152.638333, "fair_value": 108.642308, "relative_strength": 17.050118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.927537, "energy": 47.015673, "activity_lines": [ 182.504, 180.826545, 175.597714, 166.027527 ] }, { "date": "2025-09-19", "close": 200.96, "volume": 5280285, "typical_volume": 4358393.05, "trend": 155.12, "fair_value": 109.462949, "relative_strength": 21.713017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.348471, "energy": 56.254962, "activity_lines": [ 189.21, 184.752727, 178.630619, 169.145054 ] }, { "date": "2025-09-26", "close": 208.12, "volume": 4140707, "typical_volume": 4346582.6, "trend": 157.704333, "fair_value": 110.39, "relative_strength": 25.466986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.336934, "energy": 75.541446, "activity_lines": [ 196.758667, 189.422182, 182.059286, 172.564409 ] }, { "date": "2025-10-03", "close": 215.81, "volume": 3778316, "typical_volume": 4302353.25, "trend": 161.049, "fair_value": 111.353333, "relative_strength": 27.706747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.85985, "energy": 87.276651, "activity_lines": [ 204.794, 194.936182, 185.935095, 176.313161 ] }, { "date": "2025-10-10", "close": 195.6, "volume": 5501772, "typical_volume": 4364070.45, "trend": 163.552667, "fair_value": 112.171538, "relative_strength": 17.924872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.618793, "energy": 70.715152, "activity_lines": [ 203.818, 196.237091, 187.609762, 178.542258 ] }, { "date": "2025-10-17", "close": 201.86, "volume": 4462191, "typical_volume": 4425446.05, "trend": 166.147, "fair_value": 112.982821, "relative_strength": 18.863104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.227622, "energy": 52.960978, "activity_lines": [ 203.755333, 198.284364, 189.675143, 181.013699 ] }, { "date": "2025-10-24", "close": 211.88, "volume": 4594555, "typical_volume": 4490357.75, "trend": 169.368, "fair_value": 113.849231, "relative_strength": 21.483006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.425168, "energy": 53.055361, "activity_lines": [ 206.225333, 201.779636, 192.476095, 183.964215 ] }, { "date": "2025-10-31", "close": 204.16, "volume": 7243818, "typical_volume": 4688903.4, "trend": 172.637667, "fair_value": 114.6025, "relative_strength": 15.636079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.234796, "energy": 42.782657, "activity_lines": [ 205.394, 203.251636, 194.312381, 186.20886 ] }, { "date": "2025-11-07", "close": 200.44, "volume": 4530182, "typical_volume": 4727627.35, "trend": 175.419667, "fair_value": 115.273974, "relative_strength": 14.947918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.901622, "energy": 37.730636, "activity_lines": [ 203.586667, 203.552909, 195.594095, 188.002559 ] }, { "date": "2025-11-14", "close": 192.22, "volume": 3297002, "typical_volume": 4695209.25, "trend": 177.948333, "fair_value": 115.906154, "relative_strength": 9.652446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.142195, "energy": 26.394341, "activity_lines": [ 200.064, 202.018727, 195.918048, 189.086452 ] }, { "date": "2025-11-21", "close": 193.08, "volume": 5028309, "typical_volume": 4718182.65, "trend": 180.214, "fair_value": 116.561667, "relative_strength": 11.875267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.49467, "energy": 17.061398, "activity_lines": [ 197.053333, 200.382364, 196.227571, 190.062688 ] }, { "date": "2025-11-28", "close": 213.88, "volume": 2054933, "typical_volume": 4635643.6, "trend": 182.647667, "fair_value": 117.372756, "relative_strength": 18.890015, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.290736, "energy": 24.576844, "activity_lines": [ 201.561333, 202.467273, 198.417143, 192.234688 ] }, { "date": "2025-12-05", "close": 219.52, "volume": 3924294, "typical_volume": 4627506.6, "trend": 185.024333, "fair_value": 118.213974, "relative_strength": 20.875637, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.206581, "energy": 35.144879, "activity_lines": [ 207.816, 205.342727, 200.936048, 194.613548 ] }, { "date": "2025-12-12", "close": 221.01, "volume": 5170246, "typical_volume": 4697241.2, "trend": 187.132333, "fair_value": 119.082628, "relative_strength": 21.573297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.257498, "energy": 48.907253, "activity_lines": [ 213.543333, 208.281818, 203.397571, 196.935204 ] }, { "date": "2025-12-19", "close": 218.18, "volume": 4875861, "typical_volume": 4513854.1, "trend": 189.323333, "fair_value": 119.936346, "relative_strength": 19.127701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.766646, "energy": 58.544245, "activity_lines": [ 216.956, 210.611818, 205.423762, 198.93828 ] }, { "date": "2025-12-26", "close": 224.4, "volume": 1598745, "typical_volume": 4338521.7, "trend": 191.605667, "fair_value": 120.827821, "relative_strength": 19.990156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.042574, "energy": 64.005902, "activity_lines": [ 220.711333, 213.662182, 207.83219, 201.20129 ] }, { "date": "2026-01-02", "close": 227.65, "volume": 1869227, "typical_volume": 4225666.35, "trend": 193.737333, "fair_value": 121.699808, "relative_strength": 22.28393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.929735, "energy": 61.604311, "activity_lines": [ 223.462, 216.893636, 210.344905, 203.526731 ] }, { "date": "2026-01-09", "close": 218.91, "volume": 7796483, "typical_volume": 4396642.15, "trend": 195.631, "fair_value": 122.474615, "relative_strength": 15.227078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.356562, "energy": 43.273623, "activity_lines": [ 222.381333, 218.249273, 211.787857, 205.150774 ] }, { "date": "2026-01-16", "close": 242.31, "volume": 4088456, "typical_volume": 4387374.15, "trend": 198.251, "fair_value": 123.417564, "relative_strength": 27.202803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.659463, "energy": 54.618697, "activity_lines": [ 229.141333, 223.591273, 215.259667, 208.162323 ] }, { "date": "2026-01-23", "close": 241.8, "volume": 2393006, "typical_volume": 4329544.75, "trend": 200.578, "fair_value": 124.348141, "relative_strength": 26.631116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.934663, "energy": 59.476284, "activity_lines": [ 234.311333, 228.079273, 218.394238, 210.971935 ] }, { "date": "2026-01-30", "close": 240.48, "volume": 3227834, "typical_volume": 4242811.1, "trend": 202.864333, "fair_value": 125.257244, "relative_strength": 24.545323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.558482, "energy": 62.020354, "activity_lines": [ 237.466667, 231.425818, 221.099286, 213.546258 ] }, { "date": "2026-02-06", "close": 259.16, "volume": 5385652, "typical_volume": 4248079.45, "trend": 205.828333, "fair_value": 126.311859, "relative_strength": 33.275257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.974215, "energy": 78.099245, "activity_lines": [ 245.776667, 237.306909, 225.34181, 217.178237 ] }, { "date": "2026-02-13", "close": 269.53, "volume": 3938589, "typical_volume": 4237973.55, "trend": 208.890333, "fair_value": 127.421474, "relative_strength": 38.799502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.290053, "energy": 84.912888, "activity_lines": [ 255.442667, 244.250182, 230.29481, 221.288022 ] }, { "date": "2026-02-20", "close": 283.86, "volume": 3468207, "typical_volume": 4222468.1, "trend": 212.146, "fair_value": 128.618141, "relative_strength": 42.640035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.60572, "energy": 91.991818, "activity_lines": [ 266.510667, 252.889636, 236.320143, 226.124774 ] }, { "date": "2026-02-27", "close": 298.02, "volume": 6615051, "typical_volume": 4278132.05, "trend": 216.278333, "fair_value": 129.873462, "relative_strength": 48.409463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.495571, "energy": 94.335134, "activity_lines": [ 279.528667, 262.960909, 243.37, 231.665032 ] }, { "date": "2026-03-06", "close": 285.61, "volume": 5312902, "typical_volume": 4320667.6, "trend": 219.755333, "fair_value": 131.088782, "relative_strength": 43.023182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.020432, "energy": 87.049411, "activity_lines": [ 284.662, 269.324182, 248.750238, 236.138043 ] }, { "date": "2026-03-13", "close": 290.0, "volume": 5609291, "typical_volume": 4371404.4, "trend": 223.495333, "fair_value": 132.389487, "relative_strength": 45.351374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.448755, "energy": 80.377657, "activity_lines": [ 288.25, 275.372727, 254.149762, 240.669957 ] }, { "date": "2026-03-20", "close": 300.58, "volume": 5223675, "typical_volume": 4270397.25, "trend": 227.615667, "fair_value": 133.729872, "relative_strength": 51.097873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.891579, "energy": 67.584545, "activity_lines": [ 293.308667, 282.211273, 260.184905, 245.643161 ] }, { "date": "2026-03-27", "close": 316.01, "volume": 4761215, "typical_volume": 4281948.9, "trend": 232.093, "fair_value": 135.150192, "relative_strength": 59.594357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.413882, "energy": 68.1423, "activity_lines": [ 301.440667, 290.370364, 267.230429, 251.346022 ] }, { "date": "2026-04-03", "close": 336.25, "volume": 4158930, "typical_volume": 4325045.3, "trend": 237.368, "fair_value": 136.74609, "relative_strength": 61.204926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.873556, "energy": 70.801554, "activity_lines": [ 314.176, 300.869455, 275.653238, 258.065828 ] }, { "date": "2026-04-10", "close": 361.22, "volume": 3397773, "typical_volume": 4243518.5, "trend": 243.083667, "fair_value": 138.495, "relative_strength": 64.077631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.720415, "energy": 84.990653, "activity_lines": [ 332.686, 314.191273, 285.768286, 266.05628 ] }, { "date": "2026-04-17", "close": 370.89, "volume": 3532653, "typical_volume": 4317404.5, "trend": 248.748, "fair_value": 140.320064, "relative_strength": 58.383794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.128814, "energy": 93.12296, "activity_lines": [ 349.378667, 327.076, 296.003619, 274.301849 ] }, { "date": "2026-04-24", "close": 376.12, "volume": 3083679, "typical_volume": 4275373.75, "trend": 254.348, "fair_value": 142.161795, "relative_strength": 57.042161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.523743, "energy": 92.030793, "activity_lines": [ 362.422, 338.880182, 305.989381, 282.519398 ] }, { "date": "2026-05-01", "close": 417.41, "volume": 6423614, "typical_volume": 4338042.15, "trend": 261.068, "fair_value": 144.264872, "relative_strength": 69.474577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.538909, "energy": 95.796724, "activity_lines": [ 384.192667, 356.253636, 319.16181, 293.039527 ] }, { "date": "2026-05-08", "close": 414.29, "volume": 4880882, "typical_volume": 4338293.2, "trend": 268.357667, "fair_value": 146.311667, "relative_strength": 61.645664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.29842, "energy": 91.901867, "activity_lines": [ 398.163333, 370.631636, 331.101857, 302.924817 ] }, { "date": "2026-05-15", "close": 414.9, "volume": 5464699, "typical_volume": 4531590.9, "trend": 275.459, "fair_value": 148.350449, "relative_strength": 58.968561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.68105, "energy": 79.731092, "activity_lines": [ 407.134667, 383.006545, 342.166143, 312.379161 ] }, { "date": "2026-05-22", "close": 382.11, "volume": 5094014, "typical_volume": 4692830.25, "trend": 281.133333, "fair_value": 150.170128, "relative_strength": 43.214438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.500328, "energy": 66.635428, "activity_lines": [ 401.597333, 387.068909, 349.200429, 319.259871 ] }, { "date": "2026-05-29", "close": 378.37, "volume": 7599682, "typical_volume": 4682990.2, "trend": 286.940333, "fair_value": 151.918462, "relative_strength": 38.054981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.393358, "energy": 61.503024, "activity_lines": [ 394.065333, 388.776545, 355.143, 325.533204 ] }, { "date": "2026-06-05", "close": 363.89, "volume": 5150576, "typical_volume": 4736096.2, "trend": 292.388667, "fair_value": 153.545897, "relative_strength": 34.628602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.836844, "energy": 45.545805, "activity_lines": [ 381.556667, 386.437091, 358.94719, 330.497699 ] }, { "date": "2026-06-12", "close": 362.97, "volume": 5393434, "typical_volume": 4886117.6, "trend": 298.080333, "fair_value": 155.167244, "relative_strength": 32.040199, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.236353, "energy": 30.142343, "activity_lines": [ 372.309333, 383.059818, 362.08481, 335.051333 ] }, { "date": "2026-06-19", "close": 379.66, "volume": 4118534, "typical_volume": 4930652.6, "trend": 304.299667, "fair_value": 156.892372, "relative_strength": 35.230734, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.337788, "energy": 26.462971, "activity_lines": [ 372.046667, 382.231273, 366.234952, 340.314538 ] }, { "date": "2026-06-26", "close": 396.25, "volume": 7469367, "typical_volume": 5034838.35, "trend": 310.378667, "fair_value": 158.676218, "relative_strength": 42.67346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.694624, "energy": 32.139246, "activity_lines": [ 379.663333, 384.083818, 371.302333, 346.246817 ] }, { "date": "2026-07-03", "close": 373.43, "volume": 5188899, "typical_volume": 5097353.85, "trend": 315.509, "fair_value": 160.328013, "relative_strength": 30.138245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.66652, "energy": 28.01977, "activity_lines": [ 378.730667, 381.326182, 373.543571, 350.314645 ] }, { "date": "2026-07-10", "close": 372.89, "volume": 5207705, "typical_volume": 5184328.75, "trend": 320.571667, "fair_value": 161.980256, "relative_strength": 26.820025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.266034, "energy": 26.673526, "activity_lines": [ 377.947333, 378.519273, 375.238619, 354.016645 ] }, { "date": "2026-07-17", "close": 329.59, "volume": 7916856, "typical_volume": 5249419.0, "trend": 324.285333, "fair_value": 163.357821, "relative_strength": 12.975246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.902835, "energy": 6.145613, "activity_lines": [ 362.130667, 368.649091, 372.385905, 354.598473 ] }, { "date": "2026-07-24", "close": 337.84, "volume": 4180324, "typical_volume": 5192790.1, "trend": 328.066667, "fair_value": 164.773333, "relative_strength": 15.570651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.767748, "energy": 12.906049, "activity_lines": [ 351.289333, 361.818909, 370.168571, 355.472968 ] }, { "date": "2026-07-31", "close": 263.1, "volume": 10465053, "typical_volume": 5435578.2, "trend": 329.248333, "fair_value": 165.821667, "relative_strength": -11.271089, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.559652, "energy": 44.342479, "activity_lines": [ 318.322667, 342.800727, 360.584429, 351.28157 ] }, { "date": "2026-08-07", "close": 272.46, "volume": 7992381, "typical_volume": 5574013.5, "trend": 331.033333, "fair_value": 166.964872, "relative_strength": -11.50863, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.295123, "energy": 63.757988, "activity_lines": [ 297.352667, 327.648182, 352.01981, 347.617806 ] } ], "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." } } }