{ "ticker": { "uuid": "013f0bda-309f-4f4d-a875-bba7eea9e6db", "symbol": "WM", "name": "Waste Management, Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 52.495, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 58.644, "architecture_energy": 48.919, "architecture_maturity": 7.418, "architecture_confidence": 64.795, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 30.76, "rotation_up": 65.47, "upward_expansion": 80.64, "deceleration": 52.06, "rotation_down": 11.43, "downward_expansion": 7.3 }, "activity_lines": [ 202.770005, 201.29273, 196.787424, 196.552507 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 199.350006, "trend_reference": 195.87787, "distance_from_trend": 0.017726, "trend_direction": "Improving", "fair_value": 185.764816, "distance_from_fair_value": 0.073131, "fair_value_direction": "Improving", "relative_strength": -15.058109, "relative_strength_direction": "Improving", "price_momentum": 0.040738, "excess_performance": -0.133509, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.017726, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026999, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.073131, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059156, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.150581, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.04033, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.040738, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.741627, "read": "Demand-led" } ], "volume": { "latest": 364, "relative_activity": 2.792482, "balance": 2.741627, "dry_up": 1.54392, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.039941, "annualized_volatility": 0.241541, "from_high_reference": -0.073652, "from_low_reference": 0.182807 }, "levels": { "trend_reference": 195.87787, "fair_value_reference": 185.764816, "structural_low": 180.828583, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": -0.007834, "positive_rate": 0.464286, "directional_follow_through": 0.464286, "median_excess_return": -0.004479, "regime_survival": 0.678571, "best_return": 0.102306, "worst_return": -0.057632, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.013389, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": -0.003346, "regime_survival": 0.416667, "best_return": 0.22479, "worst_return": -0.093985, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.042026, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.04066, "regime_survival": 0.285714, "best_return": 0.249814, "worst_return": -0.13149, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.168323, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.011857, "regime_survival": 0.5, "best_return": 0.27196, "worst_return": -0.066266, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": -0.04197, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-05-16", "tenure": "Developing", "return": -0.031398, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-04", "tenure": "Developing", "return": -0.072943, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-11", "end": "2025-08-08", "tenure": "Developing", "return": 0.044419, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.010153, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2025-12-19", "tenure": "Established", "return": -0.027651, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": 0.016365, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-20", "tenure": "Developing", "return": 0.00657, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-04-10", "tenure": "Developing", "return": -0.026238, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-17", "end": "2026-05-22", "tenure": "Developing", "return": -0.01558, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": 0.047215, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": 0.068133, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.062359, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.045259, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 139.865112, "volume": 4, "typical_volume": 42.15, "trend": 141.348315, "fair_value": 124.869686, "relative_strength": -3.046097, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.408922, "energy": 34.400512, "activity_lines": [ 140.482488, 142.751807, 144.013446, 143.26954 ] }, { "date": "2023-08-25", "close": 140.628876, "volume": 0, "typical_volume": 28.55, "trend": 141.631361, "fair_value": 125.220461, "relative_strength": -1.539674, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.286852, "energy": 45.37886, "activity_lines": [ 140.113333, 142.090453, 143.658881, 143.223124 ] }, { "date": "2023-09-01", "close": 139.101318, "volume": 0, "typical_volume": 28.55, "trend": 141.872946, "fair_value": 125.570368, "relative_strength": -4.358394, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.550531, "energy": 46.574365, "activity_lines": [ 139.725077, 141.224265, 143.16796, 143.059896 ] }, { "date": "2023-09-08", "close": 140.828598, "volume": 7, "typical_volume": 25.5, "trend": 142.06809, "fair_value": 125.919252, "relative_strength": -1.911804, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.557383, "energy": 29.50647, "activity_lines": [ 140.10989, 140.812732, 142.860657, 142.992519 ] }, { "date": "2023-09-15", "close": 145.24147, "volume": 0, "typical_volume": 22.1, "trend": 142.374397, "fair_value": 126.283981, "relative_strength": 0.311096, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.008106, "energy": 6.922833, "activity_lines": [ 141.863237, 141.383908, 142.985875, 143.197253 ] }, { "date": "2023-09-22", "close": 142.171661, "volume": 0, "typical_volume": 22.1, "trend": 142.623135, "fair_value": 126.629205, "relative_strength": -0.501126, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.922445, "energy": 7.06698, "activity_lines": [ 142.209433, 141.45888, 142.805892, 143.184173 ] }, { "date": "2023-09-29", "close": 139.293671, "volume": 65, "typical_volume": 23.85, "trend": 142.814395, "fair_value": 126.959877, "relative_strength": -2.21721, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.87062, "energy": 12.104338, "activity_lines": [ 141.442528, 141.027664, 142.369433, 142.969369 ] }, { "date": "2023-10-06", "close": 139.485535, "volume": 0, "typical_volume": 23.85, "trend": 142.968349, "fair_value": 127.287592, "relative_strength": -0.158164, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.603425, "energy": 21.575415, "activity_lines": [ 140.828592, 140.789268, 141.994334, 142.754604 ] }, { "date": "2023-10-13", "close": 143.226883, "volume": 69, "typical_volume": 25.65, "trend": 143.183661, "fair_value": 127.629812, "relative_strength": 2.031351, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.936165, "energy": 18.743253, "activity_lines": [ 141.436157, 141.277942, 142.003701, 142.771283 ] }, { "date": "2023-10-20", "close": 142.459442, "volume": 0, "typical_volume": 25.15, "trend": 143.403169, "fair_value": 127.975195, "relative_strength": 5.637413, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.980324, "energy": 18.850222, "activity_lines": [ 141.628023, 141.555543, 141.9399, 142.724559 ] }, { "date": "2023-10-27", "close": 148.119446, "volume": 73, "typical_volume": 26.3, "trend": 143.586438, "fair_value": 128.385411, "relative_strength": 10.412256, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.775637, "energy": 23.9169, "activity_lines": [ 143.892026, 142.808123, 142.435072, 143.028835 ] }, { "date": "2023-11-03", "close": 150.421814, "volume": 69, "typical_volume": 29.55, "trend": 143.848987, "fair_value": 128.762704, "relative_strength": 6.318181, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.878696, "energy": 57.906189, "activity_lines": [ 146.526965, 144.329236, 143.126577, 143.469827 ] }, { "date": "2023-11-10", "close": 153.203842, "volume": 0, "typical_volume": 26.15, "trend": 144.185264, "fair_value": 129.146549, "relative_strength": 7.566958, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.584264, "energy": 72.453128, "activity_lines": [ 149.347371, 146.17812, 144.055499, 144.073366 ] }, { "date": "2023-11-17", "close": 150.134018, "volume": 0, "typical_volume": 22.75, "trend": 144.40971, "fair_value": 129.516764, "relative_strength": 3.125306, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.010372, "energy": 79.66427, "activity_lines": [ 150.229949, 147.212444, 144.661726, 144.457157 ] }, { "date": "2023-11-24", "close": 150.517761, "volume": 69, "typical_volume": 25.7, "trend": 144.675458, "fair_value": 129.900313, "relative_strength": 4.011726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.468221, "energy": 78.561644, "activity_lines": [ 150.779965, 148.14735, 145.307428, 144.851225 ] }, { "date": "2023-12-01", "close": 152.840195, "volume": 0, "typical_volume": 25.7, "trend": 144.90775, "fair_value": 130.314878, "relative_strength": 3.669277, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.267952, "energy": 78.12232, "activity_lines": [ 151.566905, 149.408584, 146.165412, 145.377982 ] }, { "date": "2023-12-08", "close": 153.900223, "volume": 0, "typical_volume": 24.7, "trend": 145.093018, "fair_value": 130.745478, "relative_strength": 4.27335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.737036, "energy": 65.33221, "activity_lines": [ 152.39247, 150.668577, 147.078023, 145.958141 ] }, { "date": "2023-12-15", "close": 154.092972, "volume": 69, "typical_volume": 24.9, "trend": 145.382908, "fair_value": 131.167723, "relative_strength": 2.931812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.205577, "energy": 63.193058, "activity_lines": [ 153.050392, 151.698042, 147.9808, 146.538784 ] }, { "date": "2023-12-22", "close": 155.24939, "volume": 30, "typical_volume": 26.4, "trend": 145.784202, "fair_value": 131.599428, "relative_strength": 2.573169, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.740044, "energy": 68.016836, "activity_lines": [ 154.034511, 152.672174, 148.936416, 147.175331 ] }, { "date": "2023-12-29", "close": 154.863922, "volume": 79, "typical_volume": 26.7, "trend": 146.058214, "fair_value": 132.033223, "relative_strength": 1.496739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.405874, "energy": 67.277208, "activity_lines": [ 154.549115, 153.357631, 149.779335, 147.761119 ] }, { "date": "2024-01-05", "close": 156.116699, "volume": 0, "typical_volume": 26.5, "trend": 146.485367, "fair_value": 132.470604, "relative_strength": 2.353402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.953246, "energy": 63.819783, "activity_lines": [ 155.191568, 154.045329, 150.668325, 148.410054 ] }, { "date": "2024-01-12", "close": 158.525909, "volume": 0, "typical_volume": 26.5, "trend": 146.948275, "fair_value": 132.932902, "relative_strength": 4.630013, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.482786, "energy": 73.414659, "activity_lines": [ 156.418657, 155.025661, 151.709375, 149.186863 ] }, { "date": "2024-01-19", "close": 162.958862, "volume": 73, "typical_volume": 30.15, "trend": 147.485753, "fair_value": 133.425254, "relative_strength": 8.888257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.838196, "energy": 86.834819, "activity_lines": [ 158.815018, 156.664638, 153.087386, 150.219804 ] }, { "date": "2024-01-26", "close": 164.886215, "volume": 0, "typical_volume": 29.8, "trend": 147.957, "fair_value": 133.945107, "relative_strength": 6.24117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.593265, "energy": 95.249836, "activity_lines": [ 161.262771, 158.476678, 154.535348, 151.342414 ] }, { "date": "2024-02-02", "close": 167.488174, "volume": 63, "typical_volume": 32.95, "trend": 148.584991, "fair_value": 134.465031, "relative_strength": 7.935081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.235597, "energy": 96.471597, "activity_lines": [ 163.935389, 160.493579, 156.116556, 152.60249 ] }, { "date": "2024-02-09", "close": 168.451859, "volume": 0, "typical_volume": 32.95, "trend": 149.429682, "fair_value": 134.999787, "relative_strength": 10.68356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.216936, "energy": 94.93646, "activity_lines": [ 166.087618, 162.377143, 157.683606, 153.884224 ] }, { "date": "2024-02-16", "close": 179.630569, "volume": 126, "typical_volume": 36.0, "trend": 150.484696, "fair_value": 135.613043, "relative_strength": 15.695442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.502283, "energy": 99.295098, "activity_lines": [ 171.14374, 166.009352, 160.190151, 155.832668 ] }, { "date": "2024-02-23", "close": 184.352631, "volume": 0, "typical_volume": 36.0, "trend": 151.894419, "fair_value": 136.253061, "relative_strength": 18.728654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.849423, "energy": 99.146188, "activity_lines": [ 176.366905, 170.032293, 162.954337, 158.017696 ] }, { "date": "2024-03-01", "close": 182.136139, "volume": 63, "typical_volume": 35.7, "trend": 153.322548, "fair_value": 136.837351, "relative_strength": 16.726815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.102107, "energy": 94.626941, "activity_lines": [ 179.424988, 173.102059, 165.293774, 159.968775 ] }, { "date": "2024-03-08", "close": 183.870789, "volume": 10, "typical_volume": 36.2, "trend": 154.802133, "fair_value": 137.420985, "relative_strength": 17.09478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.526149, "energy": 93.287376, "activity_lines": [ 181.911293, 175.998367, 167.613135, 161.939629 ] }, { "date": "2024-03-15", "close": 186.235809, "volume": 0, "typical_volume": 32.55, "trend": 156.347823, "fair_value": 138.01284, "relative_strength": 16.977842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.748257, "energy": 93.593081, "activity_lines": [ 184.093763, 178.79728, 169.960538, 163.967608 ] }, { "date": "2024-03-22", "close": 188.944672, "volume": 0, "typical_volume": 29.1, "trend": 157.95835, "fair_value": 138.581481, "relative_strength": 15.220994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.561435, "energy": 91.07528, "activity_lines": [ 185.993591, 181.541094, 172.384423, 166.070631 ] }, { "date": "2024-03-29", "close": 190.686081, "volume": 0, "typical_volume": 29.1, "trend": 159.677842, "fair_value": 139.157816, "relative_strength": 14.639584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.651445, "energy": 77.972647, "activity_lines": [ 187.852949, 184.048459, 174.790713, 168.182097 ] }, { "date": "2024-04-05", "close": 184.881363, "volume": 110, "typical_volume": 34.6, "trend": 161.146267, "fair_value": 139.679886, "relative_strength": 9.864568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.392867, "energy": 68.386131, "activity_lines": [ 187.355171, 184.99629, 176.465686, 169.808131 ] }, { "date": "2024-04-12", "close": 187.880447, "volume": 51, "typical_volume": 33.7, "trend": 162.567566, "fair_value": 140.221181, "relative_strength": 11.611027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.282802, "energy": 68.14217, "activity_lines": [ 187.674072, 186.125861, 178.260823, 171.532917 ] }, { "date": "2024-04-19", "close": 187.37738, "volume": 0, "typical_volume": 33.7, "trend": 164.074424, "fair_value": 140.761603, "relative_strength": 11.469768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.315114, "energy": 66.157775, "activity_lines": [ 187.557974, 186.793196, 179.830131, 173.13355 ] }, { "date": "2024-04-26", "close": 191.034378, "volume": 363, "typical_volume": 51.85, "trend": 165.799114, "fair_value": 141.317529, "relative_strength": 12.822841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.035634, "energy": 68.418975, "activity_lines": [ 188.584771, 187.78134, 181.583261, 174.872902 ] }, { "date": "2024-05-03", "close": 185.558563, "volume": 112, "typical_volume": 54.0, "trend": 167.334882, "fair_value": 141.8163, "relative_strength": 8.011229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.860995, "energy": 61.061101, "activity_lines": [ 187.646982, 187.566538, 182.638057, 176.147705 ] }, { "date": "2024-05-10", "close": 190.183029, "volume": 244, "typical_volume": 64.7, "trend": 168.900086, "fair_value": 142.344422, "relative_strength": 7.620854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.066461, "energy": 62.746963, "activity_lines": [ 188.592516, 188.170623, 183.983441, 177.621779 ] }, { "date": "2024-05-17", "close": 186.467972, "volume": 5, "typical_volume": 61.0, "trend": 170.367037, "fair_value": 142.858138, "relative_strength": 3.564948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.725602, "energy": 54.91645, "activity_lines": [ 187.946253, 187.952936, 184.80866, 178.755191 ] }, { "date": "2024-05-24", "close": 186.48732, "volume": 0, "typical_volume": 61.0, "trend": 171.645967, "fair_value": 143.373154, "relative_strength": 3.526962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.604082, "energy": 46.886548, "activity_lines": [ 187.400605, 187.691545, 185.485226, 179.795209 ] }, { "date": "2024-05-31", "close": 184.861984, "volume": 51, "typical_volume": 63.55, "trend": 172.793972, "fair_value": 143.876693, "relative_strength": 4.118036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.088258, "energy": 40.957821, "activity_lines": [ 186.372516, 187.130066, 185.862376, 180.647855 ] }, { "date": "2024-06-07", "close": 181.739471, "volume": 204, "typical_volume": 70.1, "trend": 173.74516, "fair_value": 144.359035, "relative_strength": 3.011338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.741711, "energy": 22.476785, "activity_lines": [ 184.715082, 186.075088, 185.816734, 181.224984 ] }, { "date": "2024-06-14", "close": 183.235336, "volume": 0, "typical_volume": 70.1, "trend": 174.848537, "fair_value": 144.845054, "relative_strength": 7.235058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.470216, "energy": 19.157923, "activity_lines": [ 183.810875, 185.454751, 185.824124, 181.837254 ] }, { "date": "2024-06-21", "close": 189.529694, "volume": 0, "typical_volume": 66.95, "trend": 176.148935, "fair_value": 145.372014, "relative_strength": 8.948896, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.796737, "energy": 20.605888, "activity_lines": [ 185.467968, 186.00877, 186.3436, 182.784425 ] }, { "date": "2024-06-28", "close": 193.551071, "volume": 0, "typical_volume": 66.95, "trend": 177.505964, "fair_value": 145.904064, "relative_strength": 10.45356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.451344, "energy": 43.286715, "activity_lines": [ 188.261404, 187.263962, 187.141104, 183.907144 ] }, { "date": "2024-07-05", "close": 187.781265, "volume": 0, "typical_volume": 60.65, "trend": 178.635332, "fair_value": 146.396174, "relative_strength": 4.176258, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.862956, "energy": 40.575126, "activity_lines": [ 188.660656, 187.35785, 187.269583, 184.570066 ] }, { "date": "2024-07-12", "close": 190.054214, "volume": 0, "typical_volume": 60.65, "trend": 179.83404, "fair_value": 146.883054, "relative_strength": 5.251091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.03757, "energy": 49.880345, "activity_lines": [ 189.622938, 187.924149, 187.575721, 185.306768 ] }, { "date": "2024-07-19", "close": 199.175201, "volume": 51, "typical_volume": 60.05, "trend": 181.298234, "fair_value": 147.424264, "relative_strength": 10.980931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.232778, "energy": 75.205548, "activity_lines": [ 193.071233, 190.06707, 188.723373, 186.554585 ] }, { "date": "2024-07-26", "close": 177.057556, "volume": 272, "typical_volume": 73.15, "trend": 182.038022, "fair_value": 147.819558, "relative_strength": -1.497313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.390646, "energy": 13.619618, "activity_lines": [ 188.084322, 188.025107, 187.683445, 186.280993 ] }, { "date": "2024-08-02", "close": 182.069717, "volume": 10, "typical_volume": 73.65, "trend": 182.903122, "fair_value": 148.238706, "relative_strength": 5.109874, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.50539, "energy": 5.885085, "activity_lines": [ 185.599607, 187.065544, 187.15331, 186.283038 ] }, { "date": "2024-08-09", "close": 182.885666, "volume": 651, "typical_volume": 106.2, "trend": 183.715114, "fair_value": 148.657469, "relative_strength": 4.274703, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.784443, "energy": 12.391605, "activity_lines": [ 184.152299, 186.334656, 186.720722, 186.281912 ] }, { "date": "2024-08-16", "close": 182.516541, "volume": 134, "typical_volume": 112.9, "trend": 184.367037, "fair_value": 149.055249, "relative_strength": 1.95982, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.3818, "energy": 25.589278, "activity_lines": [ 182.908322, 185.572587, 186.281832, 186.204584 ] }, { "date": "2024-08-23", "close": 182.283417, "volume": 0, "typical_volume": 107.4, "trend": 184.946944, "fair_value": 149.45242, "relative_strength": -0.048683, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.286519, "energy": 35.069784, "activity_lines": [ 182.089149, 184.754004, 185.859642, 186.070157 ] }, { "date": "2024-08-30", "close": 184.167847, "volume": 7, "typical_volume": 105.2, "trend": 185.502933, "fair_value": 149.853819, "relative_strength": -0.319708, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.096243, "energy": 26.990716, "activity_lines": [ 183.024238, 184.295352, 185.629293, 186.019893 ] }, { "date": "2024-09-06", "close": 180.418427, "volume": 51, "typical_volume": 107.75, "trend": 185.901818, "fair_value": 150.235635, "relative_strength": 1.482579, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.688433, "energy": 38.106138, "activity_lines": [ 182.235501, 183.252475, 185.059536, 185.69186 ] }, { "date": "2024-09-13", "close": 183.116562, "volume": 102, "typical_volume": 94.7, "trend": 186.018018, "fair_value": 150.637121, "relative_strength": 2.18357, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.690325, "energy": 26.580697, "activity_lines": [ 182.456229, 182.938943, 184.779882, 185.512166 ] }, { "date": "2024-09-20", "close": 177.830612, "volume": 49, "typical_volume": 91.55, "trend": 185.800617, "fair_value": 150.997303, "relative_strength": -1.273946, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.348038, "energy": 35.73553, "activity_lines": [ 180.89958, 181.749143, 184.034507, 184.983947 ] }, { "date": "2024-09-27", "close": 180.405304, "volume": 0, "typical_volume": 79.35, "trend": 185.742923, "fair_value": 151.390314, "relative_strength": -0.943153, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.291417, "energy": 39.714041, "activity_lines": [ 180.513557, 181.249715, 183.571141, 184.635862 ] }, { "date": "2024-10-04", "close": 184.423431, "volume": 91, "typical_volume": 83.65, "trend": 185.761344, "fair_value": 151.782071, "relative_strength": 2.095082, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.075337, "energy": 25.556129, "activity_lines": [ 181.592117, 181.822128, 183.537015, 184.550733 ] }, { "date": "2024-10-11", "close": 188.461044, "volume": 55, "typical_volume": 86.4, "trend": 185.835519, "fair_value": 152.178933, "relative_strength": 3.905665, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.124029, "energy": 9.165043, "activity_lines": [ 183.999509, 182.994726, 183.897159, 184.724907 ] }, { "date": "2024-10-18", "close": 191.445374, "volume": 0, "typical_volume": 83.85, "trend": 185.918876, "fair_value": 152.574445, "relative_strength": 4.947875, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.631435, "energy": 20.233506, "activity_lines": [ 186.865504, 184.593724, 184.532126, 185.086834 ] }, { "date": "2024-10-25", "close": 188.480545, "volume": 0, "typical_volume": 73.65, "trend": 185.845358, "fair_value": 152.964011, "relative_strength": 4.457229, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.754051, "energy": 27.16047, "activity_lines": [ 188.187968, 185.498031, 184.853379, 185.252103 ] }, { "date": "2024-11-01", "close": 192.869247, "volume": 111, "typical_volume": 79.2, "trend": 186.11162, "fair_value": 153.376367, "relative_strength": 8.234248, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.029265, "energy": 51.2336, "activity_lines": [ 190.263337, 187.091848, 185.560504, 185.705257 ] }, { "date": "2024-11-08", "close": 204.660278, "volume": 242, "typical_volume": 91.3, "trend": 186.670948, "fair_value": 153.841748, "relative_strength": 13.728077, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.207614, "energy": 85.091198, "activity_lines": [ 195.43812, 190.637018, 187.344708, 186.901944 ] }, { "date": "2024-11-15", "close": 202.709747, "volume": 114, "typical_volume": 97.0, "trend": 187.182027, "fair_value": 154.27741, "relative_strength": 11.989406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.229426, "energy": 85.985465, "activity_lines": [ 198.613603, 193.454957, 188.871096, 187.936706 ] }, { "date": "2024-11-22", "close": 209.63414, "volume": 10, "typical_volume": 97.5, "trend": 187.802019, "fair_value": 154.761614, "relative_strength": 16.002552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.294551, "energy": 92.335374, "activity_lines": [ 203.147304, 197.12658, 191.013338, 189.385229 ] }, { "date": "2024-11-29", "close": 211.633453, "volume": 0, "typical_volume": 97.5, "trend": 188.671182, "fair_value": 155.256358, "relative_strength": 16.290335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.063349, "energy": 93.398983, "activity_lines": [ 207.134858, 200.679577, 193.24193, 190.922741 ] }, { "date": "2024-12-06", "close": 206.947662, "volume": 0, "typical_volume": 94.95, "trend": 189.230003, "fair_value": 155.715402, "relative_strength": 11.828885, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.590446, "energy": 86.340161, "activity_lines": [ 208.016954, 202.766014, 194.921497, 192.101869 ] }, { "date": "2024-12-13", "close": 199.90097, "volume": 0, "typical_volume": 81.35, "trend": 189.67777, "fair_value": 156.129274, "relative_strength": 5.7638, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.77472, "energy": 63.784493, "activity_lines": [ 205.611592, 203.088646, 195.892939, 192.790318 ] }, { "date": "2024-12-20", "close": 193.823196, "volume": 220, "typical_volume": 91.85, "trend": 189.922299, "fair_value": 156.517598, "relative_strength": 3.887801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.718494, "energy": 39.952099, "activity_lines": [ 201.497593, 202.024819, 196.176767, 193.057765 ] }, { "date": "2024-12-27", "close": 191.572189, "volume": 55, "typical_volume": 62.05, "trend": 190.145973, "fair_value": 156.870333, "relative_strength": 1.235582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.410529, "energy": 24.63305, "activity_lines": [ 197.225694, 200.454224, 196.190245, 193.164209 ] }, { "date": "2025-01-03", "close": 191.944092, "volume": 0, "typical_volume": 55.35, "trend": 190.486127, "fair_value": 157.249293, "relative_strength": 0.604075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.628662, "energy": 28.757738, "activity_lines": [ 194.281894, 198.948942, 196.197777, 193.280217 ] }, { "date": "2025-01-10", "close": 198.041443, "volume": 84, "typical_volume": 59.55, "trend": 190.979663, "fair_value": 157.70191, "relative_strength": 3.492035, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.290137, "energy": 27.001735, "activity_lines": [ 194.683167, 198.489296, 196.741117, 193.767657 ] }, { "date": "2025-01-17", "close": 202.152008, "volume": 52, "typical_volume": 61.8, "trend": 191.400407, "fair_value": 158.190413, "relative_strength": 1.858302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.115481, "energy": 24.257089, "activity_lines": [ 197.048377, 198.682985, 197.600901, 194.488453 ] }, { "date": "2025-01-24", "close": 194.723633, "volume": 0, "typical_volume": 59.25, "trend": 191.439493, "fair_value": 158.660505, "relative_strength": -3.639021, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.985167, "energy": 10.593697, "activity_lines": [ 196.787393, 197.571666, 197.667582, 194.702855 ] }, { "date": "2025-01-31", "close": 208.954025, "volume": 208, "typical_volume": 64.55, "trend": 192.145251, "fair_value": 159.244764, "relative_strength": 2.687381, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.046154, "energy": 41.63509, "activity_lines": [ 201.209844, 199.192892, 199.021418, 195.832825 ] }, { "date": "2025-02-07", "close": 213.602875, "volume": 57, "typical_volume": 64.95, "trend": 192.930207, "fair_value": 159.862401, "relative_strength": 4.377053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.422489, "energy": 73.439446, "activity_lines": [ 206.023122, 201.67173, 200.694966, 197.217188 ] }, { "date": "2025-02-14", "close": 214.04332, "volume": 52, "typical_volume": 67.55, "trend": 193.425811, "fair_value": 160.480178, "relative_strength": -0.632152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.010065, "energy": 82.074435, "activity_lines": [ 209.539297, 204.194841, 202.240117, 198.579324 ] }, { "date": "2025-02-21", "close": 213.015656, "volume": 77, "typical_volume": 66.85, "trend": 194.624414, "fair_value": 161.081832, "relative_strength": -0.186467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.831106, "energy": 85.03277, "activity_lines": [ 211.646125, 206.402092, 203.527214, 199.843185 ] }, { "date": "2025-02-28", "close": 217.126251, "volume": 156, "typical_volume": 71.9, "trend": 195.792965, "fair_value": 161.626686, "relative_strength": -0.63598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.096668, "energy": 88.446295, "activity_lines": [ 214.398908, 209.118275, 205.069643, 201.294916 ] }, { "date": "2025-03-07", "close": 203.669022, "volume": 156, "typical_volume": 79.7, "trend": 196.485744, "fair_value": 162.101668, "relative_strength": -9.666302, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.07985, "energy": 55.504295, "activity_lines": [ 211.17244, 208.963998, 205.193931, 201.803049 ] }, { "date": "2025-03-14", "close": 201.395187, "volume": 33, "typical_volume": 81.35, "trend": 197.115032, "fair_value": 162.554047, "relative_strength": -10.568799, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.761571, "energy": 30.68138, "activity_lines": [ 207.540361, 208.176353, 205.043454, 202.119787 ] }, { "date": "2025-03-21", "close": 204.637955, "volume": 52, "typical_volume": 78.4, "trend": 197.860183, "fair_value": 163.020326, "relative_strength": -8.111452, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.610113, "energy": 19.500476, "activity_lines": [ 205.80305, 207.806465, 205.140315, 202.605137 ] }, { "date": "2025-03-28", "close": 208.126358, "volume": 59, "typical_volume": 69.25, "trend": 198.6588, "fair_value": 163.494716, "relative_strength": -4.528018, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.64227, "energy": 24.795108, "activity_lines": [ 205.855564, 207.950895, 205.513363, 203.267471 ] }, { "date": "2025-04-04", "close": 206.455872, "volume": 552, "typical_volume": 91.15, "trend": 199.526715, "fair_value": 163.906302, "relative_strength": 4.986248, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.768794, "energy": 19.587203, "activity_lines": [ 205.677204, 207.682975, 205.710812, 203.770508 ] }, { "date": "2025-04-11", "close": 194.310257, "volume": 995, "typical_volume": 140.4, "trend": 199.899838, "fair_value": 164.261468, "relative_strength": 0.07012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.525896, "energy": 10.539219, "activity_lines": [ 202.161663, 204.993449, 204.733697, 203.433962 ] }, { "date": "2025-04-18", "close": 199.921204, "volume": 331, "typical_volume": 156.95, "trend": 200.636191, "fair_value": 164.656195, "relative_strength": -2.226362, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.688363, "energy": 12.935212, "activity_lines": [ 201.140356, 203.590345, 204.363928, 203.435341 ] }, { "date": "2025-04-25", "close": 194.939133, "volume": 394, "typical_volume": 176.65, "trend": 201.120652, "fair_value": 164.948567, "relative_strength": -7.879964, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.062363, "energy": 27.814792, "activity_lines": [ 198.556624, 201.530168, 203.57545, 203.067789 ] }, { "date": "2025-05-02", "close": 202.967438, "volume": 178, "typical_volume": 185.55, "trend": 201.738786, "fair_value": 165.33827, "relative_strength": -5.362855, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.592433, "energy": 24.688121, "activity_lines": [ 199.295581, 201.277031, 203.608755, 203.186936 ] }, { "date": "2025-05-09", "close": 203.262222, "volume": 122, "typical_volume": 180.65, "trend": 202.232158, "fair_value": 165.733216, "relative_strength": -9.267315, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -12.777522, "energy": 16.998355, "activity_lines": [ 200.476728, 201.260186, 203.655533, 203.285222 ] }, { "date": "2025-05-16", "close": 201.591705, "volume": 379, "typical_volume": 196.85, "trend": 202.570369, "fair_value": 166.16392, "relative_strength": -12.456099, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.63623, "energy": 5.408537, "activity_lines": [ 201.313946, 201.191685, 203.498266, 203.243903 ] }, { "date": "2025-05-23", "close": 204.637955, "volume": 254, "typical_volume": 209.55, "trend": 203.10895, "fair_value": 166.586488, "relative_strength": -9.92618, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.85008, "energy": 9.265126, "activity_lines": [ 202.681151, 201.714816, 203.583406, 203.377295 ] }, { "date": "2025-05-30", "close": 207.143723, "volume": 144, "typical_volume": 212.55, "trend": 203.584766, "fair_value": 167.027588, "relative_strength": -9.602444, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.079291, "energy": 15.229562, "activity_lines": [ 204.569162, 202.634582, 203.846744, 203.637603 ] }, { "date": "2025-06-06", "close": 205.347549, "volume": 32, "typical_volume": 211.55, "trend": 203.607675, "fair_value": 167.475698, "relative_strength": -10.716589, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.944301, "energy": 15.309385, "activity_lines": [ 205.044809, 203.182211, 203.895673, 203.751331 ] }, { "date": "2025-06-13", "close": 203.719772, "volume": 0, "typical_volume": 211.55, "trend": 203.641342, "fair_value": 167.973517, "relative_strength": -9.343526, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.987966, "energy": 13.893994, "activity_lines": [ 204.819189, 203.484405, 203.77436, 203.758563 ] }, { "date": "2025-06-20", "close": 200.760178, "volume": 79, "typical_volume": 205.1, "trend": 203.345543, "fair_value": 168.409181, "relative_strength": -10.023232, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.171858, "energy": 4.210696, "activity_lines": [ 203.576535, 203.298238, 203.328341, 203.572682 ] }, { "date": "2025-06-27", "close": 192.571899, "volume": 247, "typical_volume": 214.6, "trend": 202.710158, "fair_value": 168.756993, "relative_strength": -15.019312, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.49199, "energy": 31.322805, "activity_lines": [ 199.65989, 201.506022, 202.141504, 202.877608 ] }, { "date": "2025-07-04", "close": 189.710968, "volume": 104, "typical_volume": 217.2, "trend": 202.135602, "fair_value": 169.067941, "relative_strength": -15.388638, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.274007, "energy": 64.065448, "activity_lines": [ 195.594004, 199.32726, 200.782346, 202.03895 ] }, { "date": "2025-07-11", "close": 189.671494, "volume": 55, "typical_volume": 216.1, "trend": 201.794619, "fair_value": 169.379839, "relative_strength": -16.991262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.331872, "energy": 76.467374, "activity_lines": [ 192.677144, 197.236379, 199.535296, 201.234814 ] }, { "date": "2025-07-18", "close": 192.571899, "volume": 52, "typical_volume": 210.9, "trend": 201.752909, "fair_value": 169.698662, "relative_strength": -15.403883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.17208, "energy": 75.627366, "activity_lines": [ 191.772157, 195.914589, 198.675638, 200.6398 ] }, { "date": "2025-07-25", "close": 193.045441, "volume": 104, "typical_volume": 208.3, "trend": 201.802018, "fair_value": 169.960858, "relative_strength": -16.67357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.265113, "energy": 72.234032, "activity_lines": [ 191.768208, 194.873266, 197.978005, 200.078028 ] }, { "date": "2025-08-01", "close": 195.393402, "volume": 62, "typical_volume": 209.75, "trend": 201.916995, "fair_value": 170.219702, "relative_strength": -13.163612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.90658, "energy": 54.862218, "activity_lines": [ 193.061228, 194.414233, 197.554576, 199.664569 ] }, { "date": "2025-08-08", "close": 198.096527, "volume": 129, "typical_volume": 213.6, "trend": 201.918831, "fair_value": 170.484327, "relative_strength": -16.582224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.382241, "energy": 26.955473, "activity_lines": [ 195.067191, 194.614759, 197.417167, 199.418087 ] }, { "date": "2025-08-15", "close": 190.440994, "volume": 0, "typical_volume": 210.65, "trend": 201.528464, "fair_value": 170.6591, "relative_strength": -21.54956, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -54.950646, "energy": 32.747633, "activity_lines": [ 193.962271, 193.587864, 196.581809, 198.677582 ] }, { "date": "2025-08-22", "close": 192.374619, "volume": 0, "typical_volume": 183.05, "trend": 201.450163, "fair_value": 170.849757, "relative_strength": -19.477523, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -45.177559, "energy": 28.523845, "activity_lines": [ 193.450593, 193.183567, 196.014822, 198.087011 ] }, { "date": "2025-08-29", "close": 190.401535, "volume": 0, "typical_volume": 133.3, "trend": 200.831747, "fair_value": 171.043885, "relative_strength": -17.074058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.028068, "energy": 38.499568, "activity_lines": [ 192.294373, 192.626802, 195.326976, 197.374196 ] }, { "date": "2025-09-05", "close": 185.330734, "volume": 193, "typical_volume": 126.4, "trend": 199.889342, "fair_value": 171.186071, "relative_strength": -18.672088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.547773, "energy": 64.101395, "activity_lines": [ 189.624145, 191.336412, 194.17481, 196.374131 ] }, { "date": "2025-09-12", "close": 184.632721, "volume": 443, "typical_volume": 128.85, "trend": 198.908989, "fair_value": 171.346965, "relative_strength": -19.509856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.263036, "energy": 72.04354, "activity_lines": [ 187.392092, 190.050768, 193.025644, 195.389833 ] }, { "date": "2025-09-19", "close": 183.146301, "volume": 202, "typical_volume": 130.05, "trend": 197.913344, "fair_value": 171.494346, "relative_strength": -19.523835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.243139, "energy": 76.964558, "activity_lines": [ 185.562152, 188.587198, 191.783993, 194.372885 ] }, { "date": "2025-09-26", "close": 185.980392, "volume": 52, "typical_volume": 126.55, "trend": 196.875149, "fair_value": 171.686337, "relative_strength": -18.423782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.669391, "energy": 74.234242, "activity_lines": [ 185.163222, 187.757557, 190.906641, 193.603017 ] }, { "date": "2025-10-03", "close": 185.782196, "volume": 45, "typical_volume": 109.85, "trend": 196.278921, "fair_value": 171.916538, "relative_strength": -19.88863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.336072, "energy": 65.835377, "activity_lines": [ 185.124508, 187.011726, 190.092709, 192.887343 ] }, { "date": "2025-10-10", "close": 186.792953, "volume": 0, "typical_volume": 97.15, "trend": 195.79218, "fair_value": 172.14875, "relative_strength": -17.503942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.326106, "energy": 45.652635, "activity_lines": [ 185.73067, 186.581728, 189.450322, 192.275345 ] }, { "date": "2025-10-17", "close": 182.86882, "volume": 226, "typical_volume": 101.25, "trend": 195.066542, "fair_value": 172.339147, "relative_strength": -17.257766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.741467, "energy": 45.504442, "activity_lines": [ 184.931306, 185.594623, 188.519184, 191.44158 ] }, { "date": "2025-10-24", "close": 184.236328, "volume": 65, "typical_volume": 102.9, "trend": 194.270208, "fair_value": 172.56789, "relative_strength": -17.779245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.367457, "energy": 41.54815, "activity_lines": [ 184.705371, 185.133023, 187.83388, 190.742856 ] }, { "date": "2025-10-31", "close": 171.829712, "volume": 765, "typical_volume": 141.15, "trend": 193.116002, "fair_value": 172.725676, "relative_strength": -25.011101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.191306, "energy": 62.6752, "activity_lines": [ 180.271229, 182.528487, 186.067523, 189.295082 ] }, { "date": "2025-11-07", "close": 172.424271, "volume": 182, "typical_volume": 146.3, "trend": 192.38647, "fair_value": 172.907557, "relative_strength": -23.234947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.546816, "energy": 82.221129, "activity_lines": [ 176.978652, 180.405597, 184.509649, 187.960132 ] }, { "date": "2025-11-14", "close": 176.665512, "volume": 195, "typical_volume": 143.7, "trend": 191.61128, "fair_value": 173.098756, "relative_strength": -22.302781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.782305, "energy": 79.536114, "activity_lines": [ 175.99035, 179.3807, 183.490634, 186.945877 ] }, { "date": "2025-11-21", "close": 186.178589, "volume": 327, "typical_volume": 154.85, "trend": 191.319262, "fair_value": 173.337656, "relative_strength": -16.317926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.894329, "energy": 59.58842, "activity_lines": [ 178.848237, 180.243004, 183.453372, 186.59538 ] }, { "date": "2025-11-28", "close": 186.277679, "volume": 378, "typical_volume": 171.0, "trend": 190.762936, "fair_value": 173.556811, "relative_strength": -19.203887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.806974, "energy": 28.974733, "activity_lines": [ 181.518503, 181.095217, 183.442368, 186.270117 ] }, { "date": "2025-12-05", "close": 184.021896, "volume": 74, "typical_volume": 172.1, "trend": 190.121592, "fair_value": 173.775932, "relative_strength": -20.599436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.966963, "energy": 22.486841, "activity_lines": [ 183.300751, 181.480353, 183.232689, 185.835211 ] }, { "date": "2025-12-12", "close": 182.489029, "volume": 20, "typical_volume": 167.9, "trend": 189.484836, "fair_value": 174.020868, "relative_strength": -20.955482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.698623, "energy": 23.679491, "activity_lines": [ 183.75923, 181.622396, 182.917736, 185.342788 ] }, { "date": "2025-12-19", "close": 185.136688, "volume": 54, "typical_volume": 167.5, "trend": 188.834794, "fair_value": 174.303265, "relative_strength": -21.197493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.628828, "energy": 18.595098, "activity_lines": [ 184.429279, 182.305706, 182.90521, 185.062262 ] }, { "date": "2025-12-26", "close": 186.112137, "volume": 0, "typical_volume": 161.05, "trend": 188.133741, "fair_value": 174.596521, "relative_strength": -20.3833, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.795039, "energy": 9.56361, "activity_lines": [ 184.859733, 183.196485, 183.034426, 184.886607 ] }, { "date": "2026-01-02", "close": 185.216324, "volume": 152, "typical_volume": 168.65, "trend": 187.4627, "fair_value": 174.881247, "relative_strength": -21.707033, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.554711, "energy": 9.243816, "activity_lines": [ 184.996012, 183.86542, 183.135394, 184.698386 ] }, { "date": "2026-01-09", "close": 188.043137, "volume": 115, "typical_volume": 174.4, "trend": 186.940146, "fair_value": 175.226524, "relative_strength": -20.598286, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.167023, "energy": 11.471644, "activity_lines": [ 186.14532, 185.030502, 183.530462, 184.735834 ] }, { "date": "2026-01-16", "close": 189.157928, "volume": 9, "typical_volume": 174.85, "trend": 186.553404, "fair_value": 175.594343, "relative_strength": -20.447687, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.662896, "energy": 27.779939, "activity_lines": [ 187.398141, 186.103485, 184.052327, 184.878917 ] }, { "date": "2026-01-23", "close": 193.935654, "volume": 30, "typical_volume": 166.7, "trend": 186.598863, "fair_value": 175.990485, "relative_strength": -18.601848, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.864001, "energy": 48.302354, "activity_lines": [ 189.798945, 187.740896, 185.035135, 185.355191 ] }, { "date": "2026-01-30", "close": 184.32048, "volume": 541, "typical_volume": 171.6, "trend": 186.41918, "fair_value": 176.32681, "relative_strength": -23.094974, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.027836, "energy": 31.094513, "activity_lines": [ 188.408093, 187.316091, 185.061237, 185.208198 ] }, { "date": "2026-02-06", "close": 191.546799, "volume": 93, "typical_volume": 166.15, "trend": 186.48169, "fair_value": 176.689454, "relative_strength": -20.172248, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.396628, "energy": 37.729775, "activity_lines": [ 189.545458, 188.238946, 185.777046, 185.539013 ] }, { "date": "2026-02-13", "close": 196.981445, "volume": 0, "typical_volume": 163.55, "trend": 186.628675, "fair_value": 177.080026, "relative_strength": -16.622359, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.811528, "energy": 51.833483, "activity_lines": [ 192.07234, 190.054117, 186.970438, 186.216416 ] }, { "date": "2026-02-20", "close": 195.209717, "volume": 164, "typical_volume": 169.5, "trend": 186.700817, "fair_value": 177.467848, "relative_strength": -19.300809, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.032715, "energy": 59.031506, "activity_lines": [ 193.412758, 191.311527, 187.942709, 186.770032 ] }, { "date": "2026-02-27", "close": 200.465195, "volume": 318, "typical_volume": 185.4, "trend": 186.869877, "fair_value": 177.896754, "relative_strength": -14.916243, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.098624, "energy": 77.371686, "activity_lines": [ 196.10155, 193.293193, 189.370608, 187.658056 ] }, { "date": "2026-03-06", "close": 211.065781, "volume": 252, "typical_volume": 186.7, "trend": 187.302186, "fair_value": 178.385208, "relative_strength": -5.104621, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.451751, "energy": 90.29124, "activity_lines": [ 201.888568, 196.923538, 191.742981, 189.219082 ] }, { "date": "2026-03-13", "close": 209.100006, "volume": 115, "typical_volume": 189.2, "trend": 187.924153, "fair_value": 178.848878, "relative_strength": -3.154754, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.9396, "energy": 89.293161, "activity_lines": [ 205.237308, 199.742767, 193.793865, 190.625393 ] }, { "date": "2026-03-20", "close": 200.800003, "volume": 0, "typical_volume": 150.95, "trend": 188.204999, "fair_value": 179.265069, "relative_strength": -5.36061, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.286327, "energy": 79.618149, "activity_lines": [ 204.649166, 200.618656, 194.935875, 191.456093 ] }, { "date": "2026-03-27", "close": 198.160004, "volume": 28, "typical_volume": 143.25, "trend": 188.463614, "fair_value": 179.621086, "relative_strength": -7.417118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.633426, "energy": 54.979259, "activity_lines": [ 202.926454, 200.782602, 195.688503, 192.098352 ] }, { "date": "2026-04-03", "close": 202.916031, "volume": 323, "typical_volume": 149.65, "trend": 189.049791, "fair_value": 180.008077, "relative_strength": -7.663282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.767265, "energy": 43.804303, "activity_lines": [ 202.592398, 201.647606, 196.771534, 193.030766 ] }, { "date": "2026-04-10", "close": 195.205322, "volume": 0, "typical_volume": 133.3, "trend": 189.402211, "fair_value": 180.341986, "relative_strength": -15.864187, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.775204, "energy": 23.56925, "activity_lines": [ 199.524717, 200.947384, 196.99521, 193.427897 ] }, { "date": "2026-04-17", "close": 188.390045, "volume": 245, "typical_volume": 126.65, "trend": 189.577002, "fair_value": 180.63038, "relative_strength": -20.015639, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.336164, "energy": 17.910947, "activity_lines": [ 195.242641, 198.810114, 196.526828, 193.362596 ] }, { "date": "2026-04-24", "close": 195.702774, "volume": 156, "typical_volume": 130.75, "trend": 189.901082, "fair_value": 180.971133, "relative_strength": -13.377676, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.096737, "energy": 20.265685, "activity_lines": [ 194.778805, 198.059826, 196.744836, 193.757807 ] }, { "date": "2026-05-01", "close": 196.598221, "volume": 210, "typical_volume": 140.25, "trend": 190.261616, "fair_value": 181.296304, "relative_strength": -12.941172, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.038454, "energy": 20.924175, "activity_lines": [ 194.953267, 197.495596, 196.992503, 194.18988 ] }, { "date": "2026-05-08", "close": 184.062103, "volume": 81, "typical_volume": 141.6, "trend": 190.170588, "fair_value": 181.525278, "relative_strength": -19.091111, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.631039, "energy": 21.093206, "activity_lines": [ 191.053142, 194.626826, 195.979066, 193.789912 ] }, { "date": "2026-05-15", "close": 188.589035, "volume": 29, "typical_volume": 143.05, "trend": 190.361262, "fair_value": 181.802155, "relative_strength": -16.21398, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.520936, "energy": 21.920983, "activity_lines": [ 189.918923, 192.879373, 195.401884, 193.687876 ] }, { "date": "2026-05-22", "close": 185.455002, "volume": 52, "typical_volume": 138.05, "trend": 190.401884, "fair_value": 182.072952, "relative_strength": -18.658926, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.290504, "energy": 36.517158, "activity_lines": [ 188.181112, 190.970763, 194.514427, 193.371343 ] }, { "date": "2026-05-29", "close": 181.624527, "volume": 0, "typical_volume": 132.3, "trend": 190.728378, "fair_value": 182.297189, "relative_strength": -21.810298, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.2742, "energy": 52.386341, "activity_lines": [ 185.362145, 188.795613, 193.261026, 192.805062 ] }, { "date": "2026-06-05", "close": 190.800003, "volume": 50, "typical_volume": 134.35, "trend": 191.340902, "fair_value": 182.601663, "relative_strength": -16.356746, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.216591, "energy": 32.39078, "activity_lines": [ 186.54022, 188.637376, 192.912045, 192.809683 ] }, { "date": "2026-06-12", "close": 190.199997, "volume": 0, "typical_volume": 132.85, "trend": 191.792052, "fair_value": 182.893723, "relative_strength": -18.257945, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.381013, "energy": 24.195013, "activity_lines": [ 187.904841, 188.503865, 192.498101, 192.736076 ] }, { "date": "2026-06-19", "close": 186.399994, "volume": 0, "typical_volume": 105.8, "trend": 191.799432, "fair_value": 183.147348, "relative_strength": -22.478715, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.251677, "energy": 23.262584, "activity_lines": [ 187.593602, 187.910645, 191.740041, 192.388201 ] }, { "date": "2026-06-26", "close": 199.100006, "volume": 150, "typical_volume": 108.65, "trend": 192.226843, "fair_value": 183.457291, "relative_strength": -15.073321, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 13.278618, "energy": 14.126185, "activity_lines": [ 191.661635, 189.786615, 192.181603, 192.859206 ] }, { "date": "2026-07-03", "close": 199.649994, "volume": 10, "typical_volume": 109.15, "trend": 192.747779, "fair_value": 183.784224, "relative_strength": -16.345247, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.173498, "energy": 22.316898, "activity_lines": [ 195.003332, 191.567857, 192.639578, 193.338119 ] }, { "date": "2026-07-10", "close": 202.800003, "volume": 468, "typical_volume": 124.35, "trend": 193.424812, "fair_value": 184.166845, "relative_strength": -13.458359, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.80049, "energy": 37.388419, "activity_lines": [ 198.193333, 193.850059, 193.384846, 193.98665 ] }, { "date": "2026-07-17", "close": 212.100006, "volume": 75, "typical_volume": 112.2, "trend": 194.323589, "fair_value": 184.57787, "relative_strength": -7.309601, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.083972, "energy": 73.20131, "activity_lines": [ 203.683335, 197.710412, 194.979685, 195.191501 ] }, { "date": "2026-07-24", "close": 208.800003, "volume": 208, "typical_volume": 110.0, "trend": 195.079851, "fair_value": 185.005684, "relative_strength": -9.561068, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.903829, "energy": 78.721802, "activity_lines": [ 206.613336, 200.460984, 196.204833, 196.125463 ] }, { "date": "2026-07-31", "close": 197.850006, "volume": 158, "typical_volume": 112.15, "trend": 195.500974, "fair_value": 185.381055, "relative_strength": -13.718449, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.117093, "energy": 65.08336, "activity_lines": [ 204.400004, 200.853175, 196.397914, 196.304183 ] }, { "date": "2026-08-07", "close": 199.350006, "volume": 364, "typical_volume": 130.35, "trend": 195.87787, "fair_value": 185.764816, "relative_strength": -15.058109, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.644197, "energy": 48.918682, "activity_lines": [ 202.770005, 201.29273, 196.787424, 196.552507 ] } ], "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." } } }