{ "ticker": { "uuid": "054c0ba1-2e1e-45d2-8fb3-8f0a688fa804", "symbol": "TTD", "name": "Trade Desk Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -82.944, "architecture_energy": 62.465, "architecture_maturity": 100.0, "architecture_confidence": 81.87, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.05, "rotation_up": 16.35, "upward_expansion": 8.94, "deceleration": 46.99, "rotation_down": 68.69, "downward_expansion": 82.28 }, "activity_lines": [ 16.649333, 17.618364, 19.153381, 20.526946 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 13.8, "trend_reference": 22.986333, "distance_from_trend": -0.399643, "trend_direction": "Weakening", "fair_value": 68.749038, "distance_from_fair_value": -0.79927, "fair_value_direction": "Weakening", "relative_strength": -63.602283, "relative_strength_direction": "Weakening", "price_momentum": -0.489645, "excess_performance": -0.677099, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.399643, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.232518, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.79927, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.112672, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.636023, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.042347, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.489645, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.295017, "read": "Supply-led" } ], "volume": { "latest": 278473086, "relative_activity": 2.815511, "balance": 0.295017, "dry_up": 1.259082, "accumulation_observations": 0, "distribution_observations": 6 }, "risk": { "range_context": 0.200647, "annualized_volatility": 0.633331, "from_high_reference": -0.756914, "from_low_reference": 0.075604 }, "levels": { "trend_reference": 22.986333, "fair_value_reference": 68.749038, "structural_low": 12.83, "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": 25, "median_return": -0.047772, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.040043, "regime_survival": 0.8, "best_return": 0.390645, "worst_return": -0.287629, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.136748, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.109602, "regime_survival": 0.555556, "best_return": 0.358688, "worst_return": -0.444531, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.100567, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.073743, "regime_survival": 0.2, "best_return": 0.722507, "worst_return": -0.548579, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.149688, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.024828, "regime_survival": 0.333333, "best_return": 0.96956, "worst_return": -0.548914, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-03", "end": "2023-11-10", "tenure": "New", "return": -0.190567, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-11-17", "end": "2023-12-01", "tenure": "New", "return": 0.077178, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-08", "end": "2023-12-22", "tenure": "New", "return": 0.039643, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-29", "end": "2024-01-19", "tenure": "New", "return": -0.071012, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-26", "end": "2024-02-09", "tenure": "New", "return": 0.048522, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-02-16", "end": "2024-03-22", "tenure": "Developing", "return": -0.043517, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2025-01-03", "tenure": "Extended", "return": 0.393731, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": -0.01271, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": -0.122754, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": 0.100909, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.26751, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-01", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-08", "end": "2025-09-19", "tenure": "Developing", "return": -0.179974, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-08-07", "tenure": "Extended", "return": -0.707255, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 72.18, "volume": 16945679, "typical_volume": 20223074.3, "trend": 67.194667, "fair_value": 67.080064, "relative_strength": 3.407328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.874912, "energy": 29.308336, "activity_lines": [ 78.597333, 80.254182, 76.904286, 72.842559 ] }, { "date": "2023-08-25", "close": 75.91, "volume": 14924336, "typical_volume": 20449834.1, "trend": 67.993333, "fair_value": 67.255321, "relative_strength": 6.982888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.078603, "energy": 24.787653, "activity_lines": [ 76.817333, 79.511636, 77.198952, 73.404839 ] }, { "date": "2023-09-01", "close": 79.93, "volume": 13106614, "typical_volume": 20528217.35, "trend": 68.887667, "fair_value": 67.484833, "relative_strength": 8.571892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.946108, "energy": 27.11016, "activity_lines": [ 76.927333, 79.509455, 77.804762, 74.174946 ] }, { "date": "2023-09-08", "close": 83.89, "volume": 13073492, "typical_volume": 20599833.6, "trend": 70.061, "fair_value": 67.754231, "relative_strength": 15.416961, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.559069, "energy": 23.377302, "activity_lines": [ 79.058667, 80.160182, 78.696095, 75.142839 ] }, { "date": "2023-09-15", "close": 83.38, "volume": 15700261, "typical_volume": 20411375.0, "trend": 70.830333, "fair_value": 68.009391, "relative_strength": 15.155996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.656641, "energy": 35.150505, "activity_lines": [ 81.083333, 80.596909, 79.435524, 76.002129 ] }, { "date": "2023-09-22", "close": 76.35, "volume": 16400632, "typical_volume": 20218179.75, "trend": 71.543, "fair_value": 68.1955, "relative_strength": 9.062432, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.036891, "energy": 29.043319, "activity_lines": [ 80.180667, 79.617636, 79.414762, 76.358237 ] }, { "date": "2023-09-29", "close": 78.15, "volume": 14806364, "typical_volume": 18881469.2, "trend": 72.238333, "fair_value": 68.339744, "relative_strength": 11.597815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.714785, "energy": 22.266022, "activity_lines": [ 79.6, 79.177455, 79.500429, 76.784495 ] }, { "date": "2023-10-06", "close": 82.15, "volume": 15672886, "typical_volume": 18840910.95, "trend": 73.198333, "fair_value": 68.473327, "relative_strength": 15.096817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.596635, "energy": 21.549587, "activity_lines": [ 80.203333, 79.573818, 79.891571, 77.423957 ] }, { "date": "2023-10-13", "close": 80.24, "volume": 17889507, "typical_volume": 19070671.1, "trend": 73.922667, "fair_value": 68.599865, "relative_strength": 11.97513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.396629, "energy": 15.318791, "activity_lines": [ 80.022, 79.773818, 80.02781, 77.878258 ] }, { "date": "2023-10-20", "close": 74.06, "volume": 19868663, "typical_volume": 19137692.45, "trend": 74.376333, "fair_value": 68.677231, "relative_strength": 6.455935, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.925331, "energy": 5.365265, "activity_lines": [ 78.024, 78.933818, 79.515619, 77.887118 ] }, { "date": "2023-10-27", "close": 66.86, "volume": 24554610, "typical_volume": 19421896.95, "trend": 74.574667, "fair_value": 68.742712, "relative_strength": -1.320844, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.828687, "energy": 31.331904, "activity_lines": [ 74.247333, 76.794909, 78.318571, 77.402194 ] }, { "date": "2023-11-03", "close": 79.08, "volume": 19644476, "typical_volume": 19686077.4, "trend": 75.182333, "fair_value": 68.724417, "relative_strength": 9.186024, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.679864, "energy": 15.763363, "activity_lines": [ 75.176667, 76.974545, 78.322095, 77.69286 ] }, { "date": "2023-11-10", "close": 64.01, "volume": 64937079, "typical_volume": 22317649.0, "trend": 75.293, "fair_value": 68.663731, "relative_strength": -14.104297, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.718611, "energy": 49.598165, "activity_lines": [ 71.020667, 74.356545, 76.877762, 76.972065 ] }, { "date": "2023-11-17", "close": 66.47, "volume": 38237770, "typical_volume": 23530524.8, "trend": 75.435667, "fair_value": 68.559692, "relative_strength": -12.538756, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.439932, "energy": 53.684833, "activity_lines": [ 68.894, 72.475273, 75.725952, 76.402839 ] }, { "date": "2023-11-24", "close": 67.27, "volume": 15005849, "typical_volume": 23805418.1, "trend": 75.533333, "fair_value": 68.431231, "relative_strength": -12.269443, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.19089, "energy": 48.399888, "activity_lines": [ 67.952, 71.056182, 74.701524, 75.876022 ] }, { "date": "2023-12-01", "close": 71.6, "volume": 25684712, "typical_volume": 22298229.65, "trend": 75.83, "fair_value": 68.310859, "relative_strength": -6.689773, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.553571, "energy": 56.461463, "activity_lines": [ 68.906, 70.717273, 74.130095, 75.622258 ] }, { "date": "2023-12-08", "close": 70.63, "volume": 20351299, "typical_volume": 21614024.45, "trend": 76.107667, "fair_value": 68.169936, "relative_strength": -8.56156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.360942, "energy": 37.232797, "activity_lines": [ 69.220667, 70.288364, 73.544381, 75.286774 ] }, { "date": "2023-12-15", "close": 74.89, "volume": 23846885, "typical_volume": 21747934.3, "trend": 76.376667, "fair_value": 68.040064, "relative_strength": -6.336881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.724377, "energy": 20.814516, "activity_lines": [ 71.518667, 70.770727, 73.42881, 75.208215 ] }, { "date": "2023-12-22", "close": 73.43, "volume": 20439166, "typical_volume": 22030387.6, "trend": 76.568667, "fair_value": 67.913481, "relative_strength": -9.123292, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.546278, "energy": 18.404626, "activity_lines": [ 72.604667, 71.119636, 73.248286, 75.018108 ] }, { "date": "2023-12-29", "close": 71.96, "volume": 12542004, "typical_volume": 21181614.2, "trend": 76.492667, "fair_value": 67.861301, "relative_strength": -11.290457, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.370021, "energy": 17.233817, "activity_lines": [ 72.736667, 71.325091, 72.982095, 74.720774 ] }, { "date": "2024-01-05", "close": 67.64, "volume": 17272132, "typical_volume": 21197936.85, "trend": 76.261333, "fair_value": 67.784756, "relative_strength": -14.032892, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.444487, "energy": 19.214885, "activity_lines": [ 71.116, 70.783273, 72.317143, 74.149634 ] }, { "date": "2024-01-12", "close": 66.96, "volume": 27035580, "typical_volume": 21803499.05, "trend": 75.945667, "fair_value": 67.710551, "relative_strength": -17.518576, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.551856, "energy": 31.351964, "activity_lines": [ 69.532667, 70.103636, 71.609048, 73.549548 ] }, { "date": "2024-01-19", "close": 66.85, "volume": 22918598, "typical_volume": 22294098.25, "trend": 75.632667, "fair_value": 67.617949, "relative_strength": -19.897963, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.685721, "energy": 44.211727, "activity_lines": [ 68.157333, 69.624364, 70.933095, 72.962731 ] }, { "date": "2024-01-26", "close": 68.01, "volume": 20127543, "typical_volume": 22646800.8, "trend": 75.325667, "fair_value": 67.562891, "relative_strength": -18.887057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.391425, "energy": 48.764286, "activity_lines": [ 67.704667, 69.304364, 70.429905, 72.470946 ] }, { "date": "2024-02-02", "close": 70.0, "volume": 24416404, "typical_volume": 23082607.95, "trend": 75.132333, "fair_value": 67.463494, "relative_strength": -17.433636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.658754, "energy": 42.55653, "activity_lines": [ 68.276667, 69.318182, 70.191857, 72.127355 ] }, { "date": "2024-02-09", "close": 71.31, "volume": 21971694, "typical_volume": 23361161.05, "trend": 74.576, "fair_value": 67.366763, "relative_strength": -17.432402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.369896, "energy": 27.412089, "activity_lines": [ 69.416, 69.520545, 70.142286, 71.880753 ] }, { "date": "2024-02-16", "close": 88.93, "volume": 55390829, "typical_volume": 25390384.3, "trend": 74.735, "fair_value": 67.357756, "relative_strength": 4.468757, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.710754, "energy": 36.098526, "activity_lines": [ 76.184, 72.931818, 71.79481, 72.806817 ] }, { "date": "2024-02-23", "close": 81.44, "volume": 27624052, "typical_volume": 25987942.6, "trend": 74.434667, "fair_value": 67.363532, "relative_strength": -5.660868, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.07402, "energy": 46.334137, "activity_lines": [ 78.990667, 74.648545, 72.682667, 73.239398 ] }, { "date": "2024-03-01", "close": 83.89, "volume": 23004556, "typical_volume": 26243695.05, "trend": 74.403, "fair_value": 67.481949, "relative_strength": -4.709208, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.308708, "energy": 59.907719, "activity_lines": [ 81.641333, 76.691636, 73.807238, 73.849419 ] }, { "date": "2024-03-08", "close": 81.59, "volume": 16385695, "typical_volume": 26069546.65, "trend": 74.635333, "fair_value": 67.52341, "relative_strength": -5.927688, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.051241, "energy": 63.940826, "activity_lines": [ 82.466667, 78.126364, 74.695381, 74.313097 ] }, { "date": "2024-03-15", "close": 76.72, "volume": 18658033, "typical_volume": 25774717.8, "trend": 74.786667, "fair_value": 67.545199, "relative_strength": -10.362374, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.228539, "energy": 46.617223, "activity_lines": [ 80.896, 78.500545, 75.083857, 74.447591 ] }, { "date": "2024-03-22", "close": 85.06, "volume": 20682485, "typical_volume": 25826618.25, "trend": 75.091667, "fair_value": 67.660192, "relative_strength": -3.469983, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.685015, "energy": 49.3175, "activity_lines": [ 81.744667, 80.226, 76.219667, 75.110387 ] }, { "date": "2024-03-29", "close": 87.42, "volume": 14002159, "typical_volume": 23279872.25, "trend": 75.341333, "fair_value": 67.798244, "relative_strength": -0.318817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.138082, "energy": 48.769047, "activity_lines": [ 83.638, 82.051455, 77.551762, 75.905763 ] }, { "date": "2024-04-05", "close": 85.83, "volume": 11633081, "typical_volume": 21949637.8, "trend": 75.406, "fair_value": 67.904487, "relative_strength": -1.366999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.982616, "energy": 46.486944, "activity_lines": [ 84.602667, 83.213818, 78.620952, 76.582452 ] }, { "date": "2024-04-12", "close": 86.37, "volume": 10608842, "typical_volume": 21729787.45, "trend": 75.505667, "fair_value": 67.997333, "relative_strength": -0.29959, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.766235, "energy": 58.201093, "activity_lines": [ 85.618, 84.150364, 79.649381, 77.289806 ] }, { "date": "2024-04-19", "close": 77.3, "volume": 13597633, "typical_volume": 21125433.5, "trend": 75.537333, "fair_value": 68.027147, "relative_strength": -5.582651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.289793, "energy": 36.693643, "activity_lines": [ 83.291333, 83.140182, 79.723048, 77.40557 ] }, { "date": "2024-04-26", "close": 84.73, "volume": 19539055, "typical_volume": 21084821.3, "trend": 75.756667, "fair_value": 68.102782, "relative_strength": -0.392532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.296108, "energy": 32.637291, "activity_lines": [ 83.402667, 83.372, 80.47719, 77.998645 ] }, { "date": "2024-05-03", "close": 88.59, "volume": 15477978, "typical_volume": 20666375.95, "trend": 75.971333, "fair_value": 68.246673, "relative_strength": 2.994031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.661102, "energy": 35.92475, "activity_lines": [ 84.822667, 84.382, 81.53181, 78.826602 ] }, { "date": "2024-05-10", "close": 87.26, "volume": 28154262, "typical_volume": 21052130.75, "trend": 76.205333, "fair_value": 68.474308, "relative_strength": -0.105454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.777763, "energy": 33.131637, "activity_lines": [ 85.721333, 85.020182, 82.394524, 79.554903 ] }, { "date": "2024-05-17", "close": 94.78, "volume": 29221174, "typical_volume": 21886089.25, "trend": 76.896, "fair_value": 68.735897, "relative_strength": 6.071337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.353803, "energy": 68.641893, "activity_lines": [ 89.031333, 86.964364, 83.907571, 80.753269 ] }, { "date": "2024-05-24", "close": 94.75, "volume": 12983844, "typical_volume": 21671674.85, "trend": 77.825667, "fair_value": 68.966256, "relative_strength": 4.488917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.635601, "energy": 77.664796, "activity_lines": [ 91.770667, 88.663273, 85.309095, 81.90514 ] }, { "date": "2024-05-31", "close": 92.78, "volume": 9894898, "typical_volume": 20814640.75, "trend": 78.282333, "fair_value": 69.192571, "relative_strength": 4.009242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.919995, "energy": 74.814463, "activity_lines": [ 92.69, 89.676182, 86.393905, 82.869935 ] }, { "date": "2024-06-07", "close": 94.17, "volume": 14744617, "typical_volume": 20405941.7, "trend": 79.287667, "fair_value": 69.411731, "relative_strength": 2.857839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.67142, "energy": 73.886897, "activity_lines": [ 93.536, 90.801455, 87.488143, 83.894946 ] }, { "date": "2024-06-14", "close": 95.66, "volume": 19506409, "typical_volume": 20374885.0, "trend": 80.260667, "fair_value": 69.634679, "relative_strength": 1.039624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.486415, "energy": 61.637986, "activity_lines": [ 94.506667, 92.074909, 88.59419, 84.951226 ] }, { "date": "2024-06-21", "close": 97.71, "volume": 12938779, "typical_volume": 19801003.75, "trend": 81.275333, "fair_value": 69.773718, "relative_strength": 3.071577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.049717, "energy": 55.113445, "activity_lines": [ 95.600667, 93.542364, 89.76381, 86.076989 ] }, { "date": "2024-06-28", "close": 97.67, "volume": 17362743, "typical_volume": 19570556.2, "trend": 82.144333, "fair_value": 69.908654, "relative_strength": 3.160211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.937354, "energy": 54.176465, "activity_lines": [ 96.486, 94.796364, 90.797667, 87.13471 ] }, { "date": "2024-07-05", "close": 99.9, "volume": 9249975, "typical_volume": 17263513.5, "trend": 83.12, "fair_value": 70.049359, "relative_strength": 1.959585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.323796, "energy": 59.033573, "activity_lines": [ 97.92, 96.085455, 91.918381, 88.280237 ] }, { "date": "2024-07-12", "close": 99.48, "volume": 17109752, "typical_volume": 16737798.5, "trend": 83.939667, "fair_value": 70.234359, "relative_strength": 2.131165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.139697, "energy": 54.284624, "activity_lines": [ 98.739333, 97.022364, 92.946857, 89.33572 ] }, { "date": "2024-07-19", "close": 96.01, "volume": 16011464, "typical_volume": 16388143.9, "trend": 84.692333, "fair_value": 70.329615, "relative_strength": 2.866625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.168072, "energy": 46.914117, "activity_lines": [ 98.048, 97.130364, 93.558952, 90.114452 ] }, { "date": "2024-07-26", "close": 92.43, "volume": 23106948, "typical_volume": 16724206.55, "trend": 85.374667, "fair_value": 70.397051, "relative_strength": 2.033695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.669301, "energy": 32.177232, "activity_lines": [ 96.14, 96.428364, 93.772381, 90.613656 ] }, { "date": "2024-08-02", "close": 83.08, "volume": 19011188, "typical_volume": 16741864.3, "trend": 85.889333, "fair_value": 70.390897, "relative_strength": -4.966188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.832491, "energy": 13.132997, "activity_lines": [ 91.467333, 94.069091, 93.043714, 90.465613 ] }, { "date": "2024-08-09", "close": 99.3, "volume": 33357202, "typical_volume": 17375600.15, "trend": 86.967333, "fair_value": 70.508782, "relative_strength": 12.998146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.020096, "energy": 23.303977, "activity_lines": [ 93.174, 94.871091, 93.829524, 91.330817 ] }, { "date": "2024-08-16", "close": 101.43, "volume": 18454826, "typical_volume": 17598233.5, "trend": 88.12, "fair_value": 70.664231, "relative_strength": 9.325777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.872067, "energy": 21.830163, "activity_lines": [ 95.630667, 95.941818, 94.750381, 92.263892 ] }, { "date": "2024-08-23", "close": 105.0, "volume": 10737890, "typical_volume": 17553473.95, "trend": 89.353, "fair_value": 70.820769, "relative_strength": 11.905135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.523813, "energy": 38.210503, "activity_lines": [ 99.147333, 97.529636, 95.944524, 93.352925 ] }, { "date": "2024-08-30", "close": 104.53, "volume": 10873635, "typical_volume": 17566713.6, "trend": 90.504, "fair_value": 70.989551, "relative_strength": 12.206822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.765705, "energy": 64.686959, "activity_lines": [ 101.908, 98.862182, 97.002619, 94.332086 ] }, { "date": "2024-09-06", "close": 100.31, "volume": 11908395, "typical_volume": 17482251.7, "trend": 91.470667, "fair_value": 71.166026, "relative_strength": 14.330987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.253465, "energy": 62.062425, "activity_lines": [ 102.455333, 99.303455, 97.572333, 94.964731 ] }, { "date": "2024-09-13", "close": 106.06, "volume": 14393065, "typical_volume": 17224952.2, "trend": 92.041667, "fair_value": 71.380641, "relative_strength": 14.144174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.905787, "energy": 64.889347, "activity_lines": [ 103.770667, 100.742182, 98.580095, 95.905978 ] }, { "date": "2024-09-20", "close": 109.51, "volume": 14646974, "typical_volume": 17183402.0, "trend": 92.977333, "fair_value": 71.5925, "relative_strength": 15.979915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.165024, "energy": 62.834458, "activity_lines": [ 105.785333, 102.696182, 99.814857, 97.032968 ] }, { "date": "2024-09-27", "close": 109.45, "volume": 11622901, "typical_volume": 16356833.95, "trend": 93.829333, "fair_value": 71.842692, "relative_strength": 14.67032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.248194, "energy": 55.393318, "activity_lines": [ 107.241333, 104.456909, 100.944286, 98.09572 ] }, { "date": "2024-10-04", "close": 113.0, "volume": 11373903, "typical_volume": 15464470.4, "trend": 94.876333, "fair_value": 72.111923, "relative_strength": 18.192229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.100616, "energy": 64.023289, "activity_lines": [ 109.584, 106.618727, 102.306143, 99.332538 ] }, { "date": "2024-10-11", "close": 117.9, "volume": 11806460, "typical_volume": 15405601.2, "trend": 96.249, "fair_value": 72.364744, "relative_strength": 21.595469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.419839, "energy": 74.427597, "activity_lines": [ 112.995333, 109.297455, 104.047905, 100.817935 ] }, { "date": "2024-10-18", "close": 118.76, "volume": 10545875, "typical_volume": 15438150.05, "trend": 97.372333, "fair_value": 72.651923, "relative_strength": 21.851072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.75385, "energy": 77.619246, "activity_lines": [ 115.520667, 111.499455, 105.761333, 102.270258 ] }, { "date": "2024-10-25", "close": 119.47, "volume": 11207243, "typical_volume": 15261281.35, "trend": 98.440667, "fair_value": 72.937564, "relative_strength": 21.819514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.810534, "energy": 81.399148, "activity_lines": [ 117.436, 113.476727, 107.418667, 103.695914 ] }, { "date": "2024-11-01", "close": 119.19, "volume": 15496884, "typical_volume": 15060805.1, "trend": 99.552667, "fair_value": 73.262179, "relative_strength": 23.166383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.633542, "energy": 80.942079, "activity_lines": [ 118.594, 115.075091, 108.928857, 105.034581 ] }, { "date": "2024-11-08", "close": 125.13, "volume": 31704794, "typical_volume": 15999105.85, "trend": 100.844667, "fair_value": 73.421154, "relative_strength": 21.725696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.786001, "energy": 87.99737, "activity_lines": [ 121.082667, 117.495455, 110.892714, 106.684731 ] }, { "date": "2024-11-15", "close": 118.15, "volume": 22065784, "typical_volume": 16234257.9, "trend": 102.206333, "fair_value": 73.487564, "relative_strength": 18.267832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.79359, "energy": 61.530251, "activity_lines": [ 120.436, 118.272182, 112.061238, 107.801204 ] }, { "date": "2024-11-22", "close": 129.7, "volume": 22489300, "typical_volume": 16896224.15, "trend": 103.705333, "fair_value": 73.652436, "relative_strength": 26.464855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.479752, "energy": 63.295417, "activity_lines": [ 123.622667, 120.824545, 114.232238, 109.574989 ] }, { "date": "2024-11-29", "close": 128.55, "volume": 13987974, "typical_volume": 16740135.25, "trend": 105.037333, "fair_value": 73.902692, "relative_strength": 23.583295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.471406, "energy": 61.130024, "activity_lines": [ 125.696667, 122.738, 116.15181, 111.177871 ] }, { "date": "2024-12-06", "close": 139.11, "volume": 19528405, "typical_volume": 16915982.3, "trend": 106.765667, "fair_value": 74.191474, "relative_strength": 28.479382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.405968, "energy": 67.890538, "activity_lines": [ 130.685333, 126.225273, 118.938667, 113.376108 ] }, { "date": "2024-12-13", "close": 132.42, "volume": 16966935, "typical_volume": 16608981.65, "trend": 108.020333, "fair_value": 74.463462, "relative_strength": 20.649742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.223433, "energy": 72.557485, "activity_lines": [ 132.116, 127.956909, 120.883143, 115.031226 ] }, { "date": "2024-12-20", "close": 125.01, "volume": 24415057, "typical_volume": 16879175.1, "trend": 109.029, "fair_value": 74.649103, "relative_strength": 15.855173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.710025, "energy": 54.303756, "activity_lines": [ 130.590667, 127.988182, 121.931476, 116.127333 ] }, { "date": "2024-12-27", "close": 121.39, "volume": 7633394, "typical_volume": 15592984.7, "trend": 109.982667, "fair_value": 74.839808, "relative_strength": 10.91418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.81699, "energy": 43.993113, "activity_lines": [ 127.401333, 127.232, 122.435381, 116.924817 ] }, { "date": "2025-01-03", "close": 121.84, "volume": 9666380, "typical_volume": 15153562.4, "trend": 110.905, "fair_value": 75.114808, "relative_strength": 11.52994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.180984, "energy": 25.269006, "activity_lines": [ 124.916, 126.509818, 122.876952, 117.689806 ] }, { "date": "2025-01-10", "close": 118.8, "volume": 13825914, "typical_volume": 15307963.6, "trend": 111.676333, "fair_value": 75.392564, "relative_strength": 10.485625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.128787, "energy": 24.011657, "activity_lines": [ 121.864667, 125.191818, 122.93181, 118.199161 ] }, { "date": "2025-01-17", "close": 124.42, "volume": 14602918, "typical_volume": 15494427.75, "trend": 112.566667, "fair_value": 75.809038, "relative_strength": 11.686948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.712401, "energy": 21.214692, "activity_lines": [ 122.040667, 124.902727, 123.45619, 119.021333 ] }, { "date": "2025-01-24", "close": 119.96, "volume": 17976809, "typical_volume": 15797848.45, "trend": 113.309667, "fair_value": 76.170321, "relative_strength": 5.461099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.764376, "energy": 17.625367, "activity_lines": [ 121.263333, 123.815636, 123.461095, 119.498323 ] }, { "date": "2025-01-31", "close": 118.68, "volume": 18004808, "typical_volume": 15978435.6, "trend": 113.935667, "fair_value": 76.462885, "relative_strength": 5.20769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.545911, "energy": 11.451514, "activity_lines": [ 120.396, 122.462909, 123.250524, 119.844796 ] }, { "date": "2025-02-07", "close": 117.29, "volume": 22151246, "typical_volume": 16353649.2, "trend": 114.529333, "fair_value": 76.725641, "relative_strength": 3.296816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.005644, "energy": 9.407845, "activity_lines": [ 119.246, 121.057818, 122.847476, 120.061204 ] }, { "date": "2025-02-14", "close": 80.16, "volume": 98007317, "typical_volume": 20672870.0, "trend": 114.001, "fair_value": 76.739167, "relative_strength": -31.042188, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -51.173748, "energy": 60.687669, "activity_lines": [ 106.022667, 113.106545, 118.87119, 117.843828 ] }, { "date": "2025-02-21", "close": 72.06, "volume": 57116405, "typical_volume": 22959995.1, "trend": 113.322, "fair_value": 76.665, "relative_strength": -36.301113, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -65.628675, "energy": 83.388563, "activity_lines": [ 92.675333, 104.754364, 114.262952, 115.137957 ] }, { "date": "2025-02-28", "close": 70.32, "volume": 52205201, "typical_volume": 24979932.15, "trend": 112.896667, "fair_value": 76.630769, "relative_strength": -35.353594, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.829133, "energy": 95.534001, "activity_lines": [ 82.238667, 97.183273, 109.683952, 112.363634 ] }, { "date": "2025-03-07", "close": 64.91, "volume": 56723876, "typical_volume": 27288832.2, "trend": 111.750333, "fair_value": 76.682756, "relative_strength": -38.033614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.369807, "energy": 95.088118, "activity_lines": [ 73.308, 89.622909, 104.816286, 109.26772 ] }, { "date": "2025-03-14", "close": 53.94, "volume": 85162581, "typical_volume": 30986599.1, "trend": 110.167333, "fair_value": 76.587436, "relative_strength": -46.89032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.876367, "energy": 95.940936, "activity_lines": [ 64.305333, 81.094909, 99.160286, 105.538022 ] }, { "date": "2025-03-21", "close": 56.31, "volume": 56160046, "typical_volume": 33019757.2, "trend": 108.544333, "fair_value": 76.528846, "relative_strength": -44.316974, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.911723, "energy": 92.425513, "activity_lines": [ 60.316, 74.232364, 94.042048, 102.063355 ] }, { "date": "2025-03-28", "close": 55.85, "volume": 46602904, "typical_volume": 33764662.7, "trend": 106.921667, "fair_value": 76.423205, "relative_strength": -43.042072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.198079, "energy": 90.451703, "activity_lines": [ 57.763333, 68.422364, 89.179429, 98.66372 ] }, { "date": "2025-04-04", "close": 46.24, "volume": 58691277, "typical_volume": 35595937.35, "trend": 105.119333, "fair_value": 76.285064, "relative_strength": -47.260101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.567525, "energy": 89.19375, "activity_lines": [ 53.088, 62.111818, 83.731476, 94.748774 ] }, { "date": "2025-04-11", "close": 49.78, "volume": 61776551, "typical_volume": 37560299.9, "trend": 103.243333, "fair_value": 76.196603, "relative_strength": -46.74919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.54695, "energy": 69.353135, "activity_lines": [ 51.198, 57.785273, 78.963095, 91.178495 ] }, { "date": "2025-04-18", "close": 50.26, "volume": 41476449, "typical_volume": 38934723.65, "trend": 101.268333, "fair_value": 76.137756, "relative_strength": -44.603594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.780875, "energy": 68.014116, "activity_lines": [ 50.476667, 54.798727, 74.621, 87.760215 ] }, { "date": "2025-04-25", "close": 53.97, "volume": 36917240, "typical_volume": 39804165.4, "trend": 99.419, "fair_value": 76.106026, "relative_strength": -43.653685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.499256, "energy": 66.317295, "activity_lines": [ 51.237333, 53.705455, 71.005048, 84.70871 ] }, { "date": "2025-05-02", "close": 54.09, "volume": 35948563, "typical_volume": 40753246.8, "trend": 97.455333, "fair_value": 76.139167, "relative_strength": -44.916635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.976561, "energy": 63.062126, "activity_lines": [ 52.194, 53.110182, 67.805952, 81.784258 ] }, { "date": "2025-05-09", "close": 71.04, "volume": 105266264, "typical_volume": 44795807.15, "trend": 95.893333, "fair_value": 76.261731, "relative_strength": -27.158186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.452049, "energy": 46.706309, "activity_lines": [ 58.918, 55.923455, 66.594143, 80.080043 ] }, { "date": "2025-05-16", "close": 76.31, "volume": 74639600, "typical_volume": 48146117.45, "trend": 94.478333, "fair_value": 76.413462, "relative_strength": -26.327733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.045792, "energy": 35.922263, "activity_lines": [ 65.745333, 59.681818, 66.141238, 78.816602 ] }, { "date": "2025-05-23", "close": 73.89, "volume": 25707876, "typical_volume": 48948192.25, "trend": 92.959, "fair_value": 76.550641, "relative_strength": -26.496479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.574884, "energy": 38.666407, "activity_lines": [ 69.997333, 62.792909, 65.672524, 77.488323 ] }, { "date": "2025-05-30", "close": 75.22, "volume": 23484625, "typical_volume": 49431127.8, "trend": 91.493333, "fair_value": 76.704936, "relative_strength": -26.148624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.389793, "energy": 33.92712, "activity_lines": [ 73.117333, 65.783091, 65.55881, 76.343871 ] }, { "date": "2025-06-06", "close": 71.46, "volume": 34448916, "typical_volume": 50423427.7, "trend": 89.704333, "fair_value": 76.847179, "relative_strength": -30.798034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.462812, "energy": 29.226673, "activity_lines": [ 73.567333, 67.745818, 65.294524, 75.051398 ] }, { "date": "2025-06-13", "close": 67.96, "volume": 29193282, "typical_volume": 50984251.35, "trend": 88.031333, "fair_value": 76.986026, "relative_strength": -33.344963, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.035125, "energy": 21.853529, "activity_lines": [ 71.692667, 68.788364, 64.949095, 73.648538 ] }, { "date": "2025-06-20", "close": 68.23, "volume": 30867814, "typical_volume": 51627401.65, "trend": 85.982333, "fair_value": 77.106154, "relative_strength": -32.55948, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.962173, "energy": 14.352892, "activity_lines": [ 70.113333, 69.485091, 64.877, 72.371032 ] }, { "date": "2025-06-27", "close": 69.33, "volume": 36946721, "typical_volume": 52367175.4, "trend": 84.008333, "fair_value": 77.283526, "relative_strength": -33.682753, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.819809, "energy": 20.358125, "activity_lines": [ 69.439333, 70.046364, 65.149905, 71.296688 ] }, { "date": "2025-07-04", "close": 74.41, "volume": 24197994, "typical_volume": 48676709.25, "trend": 81.851667, "fair_value": 77.468013, "relative_strength": -29.374735, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.237658, "energy": 12.771522, "activity_lines": [ 70.762667, 71.184545, 66.135, 70.677441 ] }, { "date": "2025-07-11", "close": 75.38, "volume": 27113711, "typical_volume": 47176574.55, "trend": 79.950333, "fair_value": 77.674936, "relative_strength": -27.7078, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.139636, "energy": 11.345793, "activity_lines": [ 72.463333, 72.127455, 67.239857, 70.259914 ] }, { "date": "2025-07-18", "close": 80.21, "volume": 197329823, "typical_volume": 54432805.65, "trend": 78.457, "fair_value": 77.88609, "relative_strength": -23.572686, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.176255, "energy": 24.103662, "activity_lines": [ 75.512667, 73.561455, 68.788905, 70.276667 ] }, { "date": "2025-07-25", "close": 86.14, "volume": 38363324, "typical_volume": 53514778.05, "trend": 77.282, "fair_value": 78.149808, "relative_strength": -18.253717, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 52.727751, "energy": 61.590821, "activity_lines": [ 79.722, 75.906909, 70.855619, 70.772344 ] }, { "date": "2025-08-01", "close": 86.08, "volume": 41534065, "typical_volume": 51333352.25, "trend": 76.09, "fair_value": 78.363269, "relative_strength": -16.202161, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.603403, "energy": 67.992752, "activity_lines": [ 82.717333, 78.062727, 72.815524, 71.339957 ] }, { "date": "2025-08-08", "close": 54.23, "volume": 152806096, "typical_volume": 56165654.75, "trend": 73.937667, "fair_value": 78.233397, "relative_strength": -48.426186, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -12.053875, "energy": 14.862112, "activity_lines": [ 73.979333, 74.206, 71.589048, 69.929634 ] }, { "date": "2025-08-15", "close": 52.12, "volume": 134201428, "typical_volume": 60545580.95, "trend": 71.527667, "fair_value": 78.14641, "relative_strength": -50.018826, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -48.869035, "energy": 32.512407, "activity_lines": [ 65.883333, 70.347273, 70.171524, 68.522043 ] }, { "date": "2025-08-22", "close": 53.2, "volume": 56100808, "typical_volume": 60416057.5, "trend": 69.302333, "fair_value": 78.080962, "relative_strength": -47.798541, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.188933, "energy": 52.273917, "activity_lines": [ 59.698, 67.036545, 68.874619, 67.339613 ] }, { "date": "2025-08-29", "close": 54.66, "volume": 43604981, "typical_volume": 59507479.0, "trend": 67.168333, "fair_value": 78.03859, "relative_strength": -45.483571, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.411252, "energy": 49.267475, "activity_lines": [ 55.8, 64.259636, 67.683619, 66.394946 ] }, { "date": "2025-09-05", "close": 52.07, "volume": 37652545, "typical_volume": 59316283.8, "trend": 64.994333, "fair_value": 77.943654, "relative_strength": -47.809515, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.883849, "energy": 68.105249, "activity_lines": [ 53.137333, 61.258545, 66.222714, 65.42086 ] }, { "date": "2025-09-12", "close": 45.15, "volume": 113379819, "typical_volume": 63139412.75, "trend": 63.827333, "fair_value": 77.836346, "relative_strength": -54.823767, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.840455, "energy": 75.777944, "activity_lines": [ 50.435333, 57.313091, 64.094143, 64.140581 ] }, { "date": "2025-09-19", "close": 44.47, "volume": 132346064, "typical_volume": 67959287.8, "trend": 62.907667, "fair_value": 77.751538, "relative_strength": -55.675413, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.077933, "energy": 83.369416, "activity_lines": [ 48.112, 53.776, 61.94281, 62.89172 ] }, { "date": "2025-09-26", "close": 47.14, "volume": 82552371, "typical_volume": 66823593.15, "trend": 62.135, "fair_value": 77.670705, "relative_strength": -51.992474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.835272, "energy": 76.139403, "activity_lines": [ 47.188667, 51.286364, 60.091571, 61.874452 ] }, { "date": "2025-10-03", "close": 51.55, "volume": 87827035, "typical_volume": 67482964.9, "trend": 61.689667, "fair_value": 77.637115, "relative_strength": -47.219234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.370632, "energy": 59.798336, "activity_lines": [ 48.139333, 50.199818, 58.774143, 61.191548 ] }, { "date": "2025-10-10", "close": 52.36, "volume": 63672612, "typical_volume": 69381201.7, "trend": 61.637, "fair_value": 77.648397, "relative_strength": -44.141236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.30472, "energy": 48.745469, "activity_lines": [ 49.567333, 49.889455, 57.651762, 60.589634 ] }, { "date": "2025-10-17", "close": 49.98, "volume": 43664296, "typical_volume": 70390185.25, "trend": 61.426, "fair_value": 77.603846, "relative_strength": -46.9358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.211372, "energy": 38.715169, "activity_lines": [ 50.182667, 49.759455, 56.405238, 59.83757 ] }, { "date": "2025-10-24", "close": 52.0, "volume": 46483525, "typical_volume": 70991915.7, "trend": 61.297667, "fair_value": 77.592885, "relative_strength": -44.894322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.471832, "energy": 30.773064, "activity_lines": [ 51.149333, 50.074, 55.471286, 59.229441 ] }, { "date": "2025-10-31", "close": 50.28, "volume": 47100189, "typical_volume": 71887261.05, "trend": 61.432333, "fair_value": 77.618718, "relative_strength": -46.617135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.447637, "energy": 29.189739, "activity_lines": [ 51.040667, 50.078, 54.46619, 58.518624 ] }, { "date": "2025-11-07", "close": 43.0, "volume": 86513325, "typical_volume": 74669536.6, "trend": 61.206333, "fair_value": 77.581731, "relative_strength": -51.821413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.970703, "energy": 71.64639, "activity_lines": [ 48.296, 48.811455, 52.851952, 57.329441 ] }, { "date": "2025-11-14", "close": 41.93, "volume": 67719581, "typical_volume": 76208179.6, "trend": 60.928667, "fair_value": 77.531474, "relative_strength": -51.875426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.12514, "energy": 83.919576, "activity_lines": [ 45.764667, 47.562364, 51.255952, 56.085806 ] }, { "date": "2025-11-21", "close": 39.65, "volume": 66720635, "typical_volume": 78334311.65, "trend": 60.451333, "fair_value": 77.469038, "relative_strength": -51.808744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.233926, "energy": 90.079799, "activity_lines": [ 43.168667, 46.083091, 49.573286, 54.712989 ] }, { "date": "2025-11-28", "close": 39.56, "volume": 46412237, "typical_volume": 79299237.95, "trend": 59.967, "fair_value": 77.373333, "relative_strength": -52.953263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.814348, "energy": 89.665958, "activity_lines": [ 41.231333, 44.687455, 48.047571, 53.365161 ] }, { "date": "2025-12-05", "close": 40.05, "volume": 57728385, "typical_volume": 72319166.05, "trend": 58.934, "fair_value": 77.32359, "relative_strength": -51.458999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.684719, "energy": 85.923637, "activity_lines": [ 40.286667, 43.470182, 46.739095, 52.080194 ] }, { "date": "2025-12-12", "close": 36.65, "volume": 63831258, "typical_volume": 73592562.75, "trend": 57.612, "fair_value": 77.262692, "relative_strength": -53.422965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.040374, "energy": 89.161088, "activity_lines": [ 38.890667, 41.763636, 45.298048, 50.642516 ] }, { "date": "2025-12-19", "close": 37.26, "volume": 119120045, "typical_volume": 77471861.75, "trend": 56.391, "fair_value": 77.213846, "relative_strength": -51.590207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.652593, "energy": 78.841014, "activity_lines": [ 38.121333, 40.438909, 44.150762, 49.329484 ] }, { "date": "2025-12-26", "close": 38.31, "volume": 31861373, "typical_volume": 71424625.6, "trend": 55.160667, "fair_value": 77.172051, "relative_strength": -49.496779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.935838, "energy": 65.464609, "activity_lines": [ 38.013333, 39.579636, 43.335952, 48.162968 ] }, { "date": "2026-01-02", "close": 37.68, "volume": 35404649, "typical_volume": 66484786.65, "trend": 54.034667, "fair_value": 77.1425, "relative_strength": -48.018662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.338241, "energy": 65.127224, "activity_lines": [ 37.784667, 38.818, 42.536952, 47.035183 ] }, { "date": "2026-01-09", "close": 37.29, "volume": 59905148, "typical_volume": 66675003.65, "trend": 53.012333, "fair_value": 77.080064, "relative_strength": -48.184881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.372572, "energy": 63.14944, "activity_lines": [ 37.551333, 38.245818, 41.769571, 45.954882 ] }, { "date": "2026-01-16", "close": 35.48, "volume": 56699325, "typical_volume": 67329720.85, "trend": 51.920667, "fair_value": 77.015385, "relative_strength": -48.704106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.782052, "energy": 65.034861, "activity_lines": [ 36.898667, 37.580727, 40.905571, 44.823763 ] }, { "date": "2026-01-23", "close": 36.55, "volume": 34692390, "typical_volume": 67181713.1, "trend": 50.828, "fair_value": 76.916667, "relative_strength": -45.696393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.141651, "energy": 60.759038, "activity_lines": [ 36.680667, 37.246909, 40.23481, 43.832108 ] }, { "date": "2026-01-30", "close": 30.33, "volume": 81829860, "typical_volume": 65604215.15, "trend": 49.358667, "fair_value": 76.770705, "relative_strength": -53.386566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.706181, "energy": 72.248929, "activity_lines": [ 34.436667, 35.88, 39.045571, 42.509656 ] }, { "date": "2026-02-06", "close": 27.04, "volume": 99084757, "typical_volume": 63941149.8, "trend": 47.747333, "fair_value": 76.631923, "relative_strength": -56.150605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.849925, "energy": 94.642462, "activity_lines": [ 31.628, 34.084364, 37.613571, 41.069742 ] }, { "date": "2026-02-13", "close": 25.81, "volume": 61286776, "typical_volume": 62877870.05, "trend": 45.934, "fair_value": 76.410833, "relative_strength": -56.728917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.510998, "energy": 95.828037, "activity_lines": [ 29.118667, 32.292727, 36.147429, 39.65443 ] }, { "date": "2026-02-20", "close": 25.1, "volume": 66498292, "typical_volume": 61811432.9, "trend": 43.899333, "fair_value": 76.219359, "relative_strength": -57.60203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.092063, "energy": 94.568154, "activity_lines": [ 27.138, 30.630909, 34.715238, 38.310301 ] }, { "date": "2026-02-27", "close": 23.82, "volume": 132768578, "typical_volume": 65266231.2, "trend": 41.824, "fair_value": 76.004808, "relative_strength": -58.85089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.411813, "energy": 93.081018, "activity_lines": [ 25.422667, 28.946364, 33.287095, 37.01486 ] }, { "date": "2026-03-06", "close": 29.28, "volume": 174328036, "typical_volume": 71799418.2, "trend": 40.992333, "fair_value": 75.850513, "relative_strength": -47.901718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.656602, "energy": 67.046379, "activity_lines": [ 26.376, 28.498909, 32.514857, 36.20557 ] }, { "date": "2026-03-13", "close": 27.34, "volume": 69924198, "typical_volume": 72971451.85, "trend": 40.166333, "fair_value": 75.650705, "relative_strength": -50.174741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.288832, "energy": 64.329064, "activity_lines": [ 26.752667, 27.862909, 31.656429, 35.324774 ] }, { "date": "2026-03-20", "close": 24.11, "volume": 129172528, "typical_volume": 77075068.8, "trend": 39.196667, "fair_value": 75.417756, "relative_strength": -54.458211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.294806, "energy": 64.037103, "activity_lines": [ 26.032667, 26.827636, 30.60781, 34.288882 ] }, { "date": "2026-03-27", "close": 21.28, "volume": 90579277, "typical_volume": 77278366.4, "trend": 38.084, "fair_value": 75.163718, "relative_strength": -57.733265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.299304, "energy": 64.785023, "activity_lines": [ 24.482667, 25.517455, 29.414286, 33.132968 ] }, { "date": "2026-04-03", "close": 22.05, "volume": 92596270, "typical_volume": 78522200.85, "trend": 37.083333, "fair_value": 74.915, "relative_strength": -57.216854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.600483, "energy": 64.356288, "activity_lines": [ 23.444, 24.605455, 28.397524, 32.098516 ] }, { "date": "2026-04-10", "close": 20.09, "volume": 84364363, "typical_volume": 79404387.25, "trend": 36.248, "fair_value": 74.654744, "relative_strength": -62.044502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.887935, "energy": 68.499574, "activity_lines": [ 21.87, 23.600727, 27.288762, 31.002172 ] }, { "date": "2026-04-17", "close": 22.47, "volume": 79850215, "typical_volume": 81076286.15, "trend": 35.514667, "fair_value": 74.400128, "relative_strength": -59.305319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.786728, "energy": 62.144544, "activity_lines": [ 21.702, 23.214909, 26.49981, 30.113269 ] }, { "date": "2026-04-24", "close": 23.97, "volume": 86612205, "typical_volume": 82520477.15, "trend": 34.742333, "fair_value": 74.141346, "relative_strength": -56.75656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.788086, "energy": 55.422839, "activity_lines": [ 22.358667, 23.184909, 25.935095, 29.368452 ] }, { "date": "2026-05-01", "close": 24.24, "volume": 78500608, "typical_volume": 83253944.65, "trend": 33.832, "fair_value": 73.894808, "relative_strength": -56.177599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.384265, "energy": 48.94089, "activity_lines": [ 23.114667, 23.237455, 25.472667, 28.690882 ] }, { "date": "2026-05-08", "close": 23.08, "volume": 131817297, "typical_volume": 83888807.25, "trend": 32.856, "fair_value": 73.643397, "relative_strength": -59.367543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.021184, "energy": 37.500141, "activity_lines": [ 23.286667, 23.094727, 24.958857, 27.997204 ] }, { "date": "2026-05-15", "close": 21.15, "volume": 89019025, "typical_volume": 86746689.85, "trend": 31.895, "fair_value": 73.350641, "relative_strength": -61.561293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.218794, "energy": 40.216878, "activity_lines": [ 22.746667, 22.614545, 24.328762, 27.241978 ] }, { "date": "2026-05-22", "close": 22.38, "volume": 88501954, "typical_volume": 89401555.1, "trend": 30.907667, "fair_value": 73.060321, "relative_strength": -58.641115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.036915, "energy": 36.342398, "activity_lines": [ 22.546, 22.505818, 23.897524, 26.628108 ] }, { "date": "2026-05-29", "close": 21.56, "volume": 104180620, "typical_volume": 91615328.7, "trend": 29.950333, "fair_value": 72.722628, "relative_strength": -60.094538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.113911, "energy": 43.890706, "activity_lines": [ 22.078, 22.338182, 23.461048, 26.025032 ] }, { "date": "2026-06-05", "close": 19.95, "volume": 100473962, "typical_volume": 93804060.55, "trend": 29.182, "fair_value": 72.372436, "relative_strength": -60.213804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.214707, "energy": 52.884191, "activity_lines": [ 21.234, 21.924182, 22.946143, 25.379849 ] }, { "date": "2026-06-12", "close": 19.28, "volume": 113844644, "typical_volume": 97761673.25, "trend": 28.427, "fair_value": 72.00609, "relative_strength": -61.344121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.317771, "energy": 59.561156, "activity_lines": [ 20.452667, 21.412545, 22.441381, 24.741011 ] }, { "date": "2026-06-19", "close": 18.51, "volume": 110799163, "typical_volume": 99210138.4, "trend": 27.722333, "fair_value": 71.636026, "relative_strength": -62.766757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.047916, "energy": 75.390284, "activity_lines": [ 19.668, 20.811273, 21.945524, 24.101204 ] }, { "date": "2026-06-26", "close": 18.37, "volume": 101196467, "typical_volume": 99315723.9, "trend": 27.016, "fair_value": 71.258782, "relative_strength": -60.156382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.094135, "energy": 77.978346, "activity_lines": [ 19.012667, 20.213273, 21.492619, 23.497828 ] }, { "date": "2026-07-03", "close": 19.1, "volume": 74685748, "typical_volume": 99985672.5, "trend": 26.317667, "fair_value": 70.895321, "relative_strength": -57.583164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.056098, "energy": 64.832322, "activity_lines": [ 18.868, 19.822545, 21.150524, 22.987118 ] }, { "date": "2026-07-10", "close": 19.53, "volume": 52986525, "typical_volume": 99310084.15, "trend": 25.747, "fair_value": 70.45641, "relative_strength": -55.930087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.271203, "energy": 50.684154, "activity_lines": [ 19.030667, 19.598545, 20.881333, 22.549204 ] }, { "date": "2026-07-17", "close": 18.59, "volume": 58652726, "typical_volume": 95604291.55, "trend": 25.124667, "fair_value": 70.03609, "relative_strength": -54.56098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.251513, "energy": 48.675615, "activity_lines": [ 18.908, 19.289273, 20.549143, 22.087462 ] }, { "date": "2026-07-24", "close": 17.29, "volume": 73319958, "typical_volume": 90553887.65, "trend": 24.424, "fair_value": 69.567115, "relative_strength": -55.18721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.111066, "energy": 50.131746, "activity_lines": [ 18.398, 18.825273, 20.118048, 21.582 ] }, { "date": "2026-07-31", "close": 18.04, "volume": 87681000, "typical_volume": 91441727.75, "trend": 23.769333, "fair_value": 69.13891, "relative_strength": -51.345681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.800179, "energy": 45.409714, "activity_lines": [ 18.219333, 18.567818, 19.815476, 21.170129 ] }, { "date": "2026-08-07", "close": 13.8, "volume": 278473086, "typical_volume": 98906755.65, "trend": 22.986333, "fair_value": 68.749038, "relative_strength": -63.602283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.943516, "energy": 62.464743, "activity_lines": [ 16.649333, 17.618364, 19.153381, 20.526946 ] } ], "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." } } }