{ "ticker": { "uuid": "078ee834-a7c8-42ec-944c-ab1c86f5f6ec", "symbol": "P1GR34", "name": "The Progressive Corporation", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 49.056, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 47.614, "architecture_energy": 28.893, "architecture_maturity": 55.712, "architecture_confidence": 76.21, "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": 41.38, "rotation_up": 36.61, "upward_expansion": 65.9, "deceleration": 85.5, "rotation_down": 25.4, "downward_expansion": 15.9 }, "activity_lines": [ 53.948199, 54.113648, 52.106204, 51.336499 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 54.549999, "trend_reference": 50.660131, "distance_from_trend": 0.076784, "trend_direction": "Weakening", "fair_value": 51.986312, "distance_from_fair_value": 0.049315, "fair_value_direction": "Improving", "relative_strength": -1.980422, "relative_strength_direction": "Improving", "price_momentum": 0.105628, "excess_performance": 0.162677, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076784, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.010053, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.049315, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.124158, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.019804, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.298577, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.105628, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.381675, "read": "Demand-led" } ], "volume": { "latest": 896, "relative_activity": 0.658896, "balance": 1.381675, "dry_up": 0.508696, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.051412, "annualized_volatility": 0.296822, "from_high_reference": -0.127824, "from_low_reference": 0.187977 }, "levels": { "trend_reference": 50.660131, "fair_value_reference": 51.986312, "structural_low": 45.91839, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.023784, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": 0.031089, "regime_survival": 0.880952, "best_return": 0.194614, "worst_return": -0.10398, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.126318, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": 0.127333, "regime_survival": 0.714286, "best_return": 0.31776, "worst_return": -0.123662, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.263093, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.270559, "regime_survival": 0.75, "best_return": 0.549124, "worst_return": -0.172398, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.428422, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.447386, "regime_survival": 0.5, "best_return": 1.035573, "worst_return": 0.016584, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-06-02", "end": "2023-06-16", "tenure": "New", "return": -0.052486, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-06-23", "end": "2023-07-07", "tenure": "New", "return": 0.120539, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-07-14", "end": "2023-08-25", "tenure": "Developing", "return": -0.048111, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-09-01", "end": "2023-09-22", "tenure": "New", "return": 0.043936, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-29", "end": "2023-12-22", "tenure": "Established", "return": 0.13714, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-12-29", "end": "2024-01-12", "tenure": "New", "return": 0.074683, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-12-27", "tenure": "Extended", "return": 0.8129, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-28", "tenure": "Developing", "return": 0.103824, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": -0.039185, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": -0.020527, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": -0.026096, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-01", "end": "2026-06-19", "tenure": "Extended", "return": -0.156732, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-17", "tenure": "New", "return": -0.031824, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.059655, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.066997, "volume": 0, "typical_volume": 6776.5, "trend": 24.30974, "fair_value": 16.075775, "relative_strength": 1.244987, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.239483, "energy": 17.045297, "activity_lines": [ 23.926508, 23.968198, 23.889954, 24.102238 ] }, { "date": "2023-08-25", "close": 24.066997, "volume": 0, "typical_volume": 6776.5, "trend": 24.333378, "fair_value": 16.166706, "relative_strength": 0.470207, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.380599, "energy": 11.931469, "activity_lines": [ 24.021804, 24.021039, 23.88666, 24.086577 ] }, { "date": "2023-09-01", "close": 26.604376, "volume": 15850, "typical_volume": 7552.5, "trend": 24.423088, "fair_value": 16.272978, "relative_strength": 8.534269, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.20443, "energy": 57.717155, "activity_lines": [ 24.91279, 24.507001, 24.136913, 24.233093 ] }, { "date": "2023-09-08", "close": 26.604376, "volume": 0, "typical_volume": 6121.5, "trend": 24.48281, "fair_value": 16.37925, "relative_strength": 10.346827, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.665099, "energy": 76.476746, "activity_lines": [ 25.589424, 24.918608, 24.379675, 24.373821 ] }, { "date": "2023-09-15", "close": 26.655051, "volume": 4000, "typical_volume": 5952.5, "trend": 24.538923, "fair_value": 16.485846, "relative_strength": 6.859966, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.755825, "energy": 83.267371, "activity_lines": [ 26.113792, 25.279645, 24.621472, 24.513966 ] }, { "date": "2023-09-22", "close": 27.77327, "volume": 770, "typical_volume": 4241.0, "trend": 24.635675, "fair_value": 16.597048, "relative_strength": 13.212578, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.847609, "energy": 95.659479, "activity_lines": [ 26.838362, 25.818062, 24.961783, 24.722633 ] }, { "date": "2023-09-29", "close": 28.078167, "volume": 12730, "typical_volume": 3127.5, "trend": 24.715193, "fair_value": 16.710204, "relative_strength": 13.135475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.338159, "energy": 94.841542, "activity_lines": [ 27.41748, 26.366645, 25.306561, 24.944729 ] }, { "date": "2023-10-06", "close": 29.553972, "volume": 0, "typical_volume": 2216.0, "trend": 24.857296, "fair_value": 16.83275, "relative_strength": 20.652991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.792452, "energy": 98.723522, "activity_lines": [ 28.221121, 27.096961, 25.773236, 25.256909 ] }, { "date": "2023-10-13", "close": 32.679002, "volume": 300, "typical_volume": 2205.5, "trend": 25.125394, "fair_value": 16.975329, "relative_strength": 30.324995, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.385566, "energy": 99.672657, "activity_lines": [ 29.869799, 28.283376, 26.513886, 25.761535 ] }, { "date": "2023-10-20", "close": 33.542568, "volume": 3930, "typical_volume": 2402.0, "trend": 25.411522, "fair_value": 17.123443, "relative_strength": 35.270513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.15195, "energy": 99.697163, "activity_lines": [ 31.401358, 29.470221, 27.294319, 26.304578 ] }, { "date": "2023-10-27", "close": 33.542568, "volume": 0, "typical_volume": 2377.5, "trend": 25.704404, "fair_value": 17.271558, "relative_strength": 33.84929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.779094, "energy": 97.821203, "activity_lines": [ 32.473749, 30.484783, 28.028178, 26.829162 ] }, { "date": "2023-11-03", "close": 33.142458, "volume": 4040, "typical_volume": 2574.5, "trend": 25.92367, "fair_value": 17.413185, "relative_strength": 25.605363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.529148, "energy": 90.734153, "activity_lines": [ 33.028149, 31.254314, 28.675726, 27.309036 ] }, { "date": "2023-11-10", "close": 33.142458, "volume": 0, "typical_volume": 2574.5, "trend": 26.194047, "fair_value": 17.56137, "relative_strength": 22.140999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.663919, "energy": 89.026478, "activity_lines": [ 33.244931, 31.858837, 29.272667, 27.774765 ] }, { "date": "2023-11-17", "close": 32.281385, "volume": 6660, "typical_volume": 2856.5, "trend": 26.423816, "fair_value": 17.704035, "relative_strength": 14.190911, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.267063, "energy": 68.406837, "activity_lines": [ 32.935456, 32.187927, 29.736992, 28.167496 ] }, { "date": "2023-11-24", "close": 33.24249, "volume": 3740, "typical_volume": 3043.5, "trend": 26.699285, "fair_value": 17.852861, "relative_strength": 16.542913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.723996, "energy": 70.066729, "activity_lines": [ 32.972857, 32.588546, 30.250161, 28.607411 ] }, { "date": "2023-12-01", "close": 33.209146, "volume": 630, "typical_volume": 3024.0, "trend": 27.052468, "fair_value": 18.007401, "relative_strength": 13.489348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.634763, "energy": 69.587252, "activity_lines": [ 33.019148, 32.86333, 30.721994, 29.027402 ] }, { "date": "2023-12-08", "close": 32.942407, "volume": 3580, "typical_volume": 2881.0, "trend": 27.345209, "fair_value": 18.160231, "relative_strength": 12.902762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.950402, "energy": 65.561711, "activity_lines": [ 32.998754, 32.990782, 31.130681, 29.407398 ] }, { "date": "2023-12-15", "close": 31.548689, "volume": 220, "typical_volume": 2872.5, "trend": 27.57722, "fair_value": 18.304127, "relative_strength": 5.260229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.518029, "energy": 57.103948, "activity_lines": [ 32.527125, 32.77639, 31.36079, 29.67859 ] }, { "date": "2023-12-22", "close": 31.928797, "volume": 240, "typical_volume": 2834.5, "trend": 27.849446, "fair_value": 18.45046, "relative_strength": 4.032533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.127718, "energy": 51.636811, "activity_lines": [ 32.28845, 32.59484, 31.588245, 29.959337 ] }, { "date": "2023-12-29", "close": 32.055497, "volume": 500, "typical_volume": 2859.5, "trend": 28.125896, "fair_value": 18.597605, "relative_strength": 2.901599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.334115, "energy": 43.572594, "activity_lines": [ 32.115513, 32.449968, 31.79033, 30.230695 ] }, { "date": "2024-01-05", "close": 33.07577, "volume": 2890, "typical_volume": 3004.0, "trend": 28.447772, "fair_value": 18.741219, "relative_strength": 7.654211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.117913, "energy": 46.129683, "activity_lines": [ 32.361801, 32.517637, 32.051543, 30.550042 ] }, { "date": "2024-01-12", "close": 34.449482, "volume": 180, "typical_volume": 3013.0, "trend": 28.845593, "fair_value": 18.891411, "relative_strength": 12.514652, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 87.81837, "energy": 70.451986, "activity_lines": [ 33.074884, 32.843559, 32.400687, 30.937249 ] }, { "date": "2024-01-19", "close": 35.434387, "volume": 2060, "typical_volume": 2323.5, "trend": 29.276244, "fair_value": 19.049602, "relative_strength": 18.004063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.57321, "energy": 90.087992, "activity_lines": [ 34.015798, 33.324791, 32.794191, 31.362332 ] }, { "date": "2024-01-26", "close": 36.749655, "volume": 6260, "typical_volume": 2636.5, "trend": 29.724023, "fair_value": 19.219645, "relative_strength": 20.360297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.390684, "energy": 97.006625, "activity_lines": [ 35.136087, 34.003491, 33.270911, 31.844488 ] }, { "date": "2024-02-02", "close": 36.71704, "volume": 240, "typical_volume": 2448.5, "trend": 30.106965, "fair_value": 19.389478, "relative_strength": 21.268655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.105035, "energy": 94.954125, "activity_lines": [ 35.924114, 34.59502, 33.696213, 32.29565 ] }, { "date": "2024-02-09", "close": 37.96291, "volume": 410, "typical_volume": 2430.5, "trend": 30.529615, "fair_value": 19.569307, "relative_strength": 23.885461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.723143, "energy": 96.267143, "activity_lines": [ 36.816662, 35.349897, 34.192256, 32.802485 ] }, { "date": "2024-02-16", "close": 39.299079, "volume": 470, "typical_volume": 1817.5, "trend": 31.062403, "fair_value": 19.756615, "relative_strength": 26.765925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.804207, "energy": 96.933821, "activity_lines": [ 37.82879, 36.261281, 34.767031, 33.368257 ] }, { "date": "2024-02-23", "close": 39.693739, "volume": 820, "typical_volume": 1858.5, "trend": 31.605891, "fair_value": 19.946182, "relative_strength": 26.627397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.805185, "energy": 95.800562, "activity_lines": [ 38.649165, 37.128846, 35.32596, 33.925118 ] }, { "date": "2024-03-01", "close": 38.788193, "volume": 1160, "typical_volume": 1901.5, "trend": 32.096597, "fair_value": 20.12636, "relative_strength": 23.44903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.523138, "energy": 70.651079, "activity_lines": [ 38.883735, 37.683675, 35.750361, 34.388492 ] }, { "date": "2024-03-08", "close": 41.097636, "volume": 260, "typical_volume": 1718.0, "trend": 32.664285, "fair_value": 20.318294, "relative_strength": 32.141079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.184745, "energy": 76.357426, "activity_lines": [ 39.752216, 38.533686, 36.365618, 34.969204 ] }, { "date": "2024-03-15", "close": 42.810912, "volume": 620, "typical_volume": 1749.0, "trend": 33.289083, "fair_value": 20.524313, "relative_strength": 36.971697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.060311, "energy": 86.134327, "activity_lines": [ 40.899749, 39.530799, 37.108068, 35.623825 ] }, { "date": "2024-03-22", "close": 43.170454, "volume": 3030, "typical_volume": 1698.5, "trend": 33.925864, "fair_value": 20.7309, "relative_strength": 36.8802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.001402, "energy": 75.910778, "activity_lines": [ 41.84393, 40.416281, 37.840625, 36.261333 ] }, { "date": "2024-03-29", "close": 43.496561, "volume": 760, "typical_volume": 1736.5, "trend": 34.488937, "fair_value": 20.935017, "relative_strength": 35.737522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.025709, "energy": 89.96616, "activity_lines": [ 42.638721, 41.202492, 38.556487, 36.878797 ] }, { "date": "2024-04-05", "close": 44.641415, "volume": 20610, "typical_volume": 2434.0, "trend": 35.090172, "fair_value": 21.146395, "relative_strength": 39.798407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.919297, "energy": 93.781435, "activity_lines": [ 43.561609, 42.050274, 39.332078, 37.533796 ] }, { "date": "2024-04-12", "close": 43.767341, "volume": 2400, "typical_volume": 2367.0, "trend": 35.660582, "fair_value": 21.351193, "relative_strength": 36.815165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.504662, "energy": 68.659476, "activity_lines": [ 43.802925, 42.595646, 39.965567, 38.093613 ] }, { "date": "2024-04-19", "close": 46.694032, "volume": 3930, "typical_volume": 2532.0, "trend": 36.291274, "fair_value": 21.576055, "relative_strength": 45.491652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.171728, "energy": 76.450749, "activity_lines": [ 44.841823, 43.544956, 40.827669, 38.805449 ] }, { "date": "2024-04-26", "close": 44.761024, "volume": 2390, "typical_volume": 2472.5, "trend": 36.847369, "fair_value": 21.788799, "relative_strength": 36.748466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.911632, "energy": 67.604215, "activity_lines": [ 44.977511, 43.984063, 41.441462, 39.351884 ] }, { "date": "2024-05-03", "close": 44.24411, "volume": 12870, "typical_volume": 3105.0, "trend": 37.33704, "fair_value": 21.997305, "relative_strength": 31.817254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.942164, "energy": 65.690608, "activity_lines": [ 44.834856, 44.229878, 41.949746, 39.829093 ] }, { "date": "2024-05-10", "close": 46.510012, "volume": 5880, "typical_volume": 3387.0, "trend": 37.798074, "fair_value": 22.220118, "relative_strength": 38.113754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.774628, "energy": 70.969388, "activity_lines": [ 45.397665, 44.80494, 42.613375, 40.420898 ] }, { "date": "2024-05-17", "close": 44.730075, "volume": 12560, "typical_volume": 3990.0, "trend": 38.170991, "fair_value": 22.433405, "relative_strength": 31.044171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.857741, "energy": 61.327058, "activity_lines": [ 45.242589, 44.915981, 43.038053, 40.868124 ] }, { "date": "2024-05-24", "close": 44.234062, "volume": 1810, "typical_volume": 3936.0, "trend": 38.527374, "fair_value": 22.643512, "relative_strength": 32.247512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.779956, "energy": 51.765772, "activity_lines": [ 44.857993, 44.870794, 43.355136, 41.25929 ] }, { "date": "2024-05-31", "close": 46.000623, "volume": 2310, "typical_volume": 4042.5, "trend": 38.955979, "fair_value": 22.869609, "relative_strength": 38.377923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.841187, "energy": 58.306308, "activity_lines": [ 45.226248, 45.120924, 43.787328, 41.741435 ] }, { "date": "2024-06-07", "close": 47.472746, "volume": 105890, "typical_volume": 9234.0, "trend": 39.433656, "fair_value": 23.108024, "relative_strength": 42.438878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.170406, "energy": 61.751257, "activity_lines": [ 46.002571, 45.587255, 44.304717, 42.290904 ] }, { "date": "2024-06-14", "close": 45.822458, "volume": 15650, "typical_volume": 9703.5, "trend": 39.885025, "fair_value": 23.337009, "relative_strength": 36.912278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.769997, "energy": 53.741107, "activity_lines": [ 46.013556, 45.681239, 44.60761, 42.703084 ] }, { "date": "2024-06-21", "close": 47.772191, "volume": 3160, "typical_volume": 9849.5, "trend": 40.369348, "fair_value": 23.578935, "relative_strength": 38.811324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.430554, "energy": 61.502175, "activity_lines": [ 46.720289, 46.108247, 45.052988, 43.211934 ] }, { "date": "2024-06-28", "close": 48.513274, "volume": 2880, "typical_volume": 9973.0, "trend": 40.879486, "fair_value": 23.820691, "relative_strength": 36.252443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.855209, "energy": 63.344884, "activity_lines": [ 47.471242, 46.597181, 45.516302, 43.737348 ] }, { "date": "2024-07-05", "close": 47.946406, "volume": 9100, "typical_volume": 10404.5, "trend": 41.379619, "fair_value": 24.049929, "relative_strength": 30.678332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.864654, "energy": 55.520083, "activity_lines": [ 47.747957, 46.949972, 45.875388, 44.193279 ] }, { "date": "2024-07-12", "close": 48.526244, "volume": 5310, "typical_volume": 10629.0, "trend": 41.945538, "fair_value": 24.287663, "relative_strength": 28.18845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.891205, "energy": 57.137264, "activity_lines": [ 48.088234, 47.350272, 46.24852, 44.654351 ] }, { "date": "2024-07-19", "close": 51.584389, "volume": 2430, "typical_volume": 10692.5, "trend": 42.600724, "fair_value": 24.544708, "relative_strength": 35.765474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.002682, "energy": 64.684964, "activity_lines": [ 49.377659, 48.228741, 46.870843, 45.276213 ] }, { "date": "2024-07-26", "close": 50.904991, "volume": 3690, "typical_volume": 10864.0, "trend": 43.22904, "fair_value": 24.79786, "relative_strength": 32.35788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.334319, "energy": 62.916307, "activity_lines": [ 50.056489, 48.891421, 47.367529, 45.811972 ] }, { "date": "2024-08-02", "close": 51.771811, "volume": 17560, "typical_volume": 11711.0, "trend": 43.852242, "fair_value": 25.055454, "relative_strength": 34.56244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.743129, "energy": 74.505577, "activity_lines": [ 50.815405, 49.599435, 47.900066, 46.363118 ] }, { "date": "2024-08-09", "close": 50.98782, "volume": 29460, "typical_volume": 13032.5, "trend": 44.40352, "fair_value": 25.305949, "relative_strength": 26.213212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.036706, "energy": 71.493993, "activity_lines": [ 51.095756, 50.027854, 48.315267, 46.823478 ] }, { "date": "2024-08-16", "close": 54.059354, "volume": 1810, "typical_volume": 13085.0, "trend": 45.024352, "fair_value": 25.573979, "relative_strength": 28.918437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.356619, "energy": 75.526246, "activity_lines": [ 52.19719, 50.924058, 48.985769, 47.446435 ] }, { "date": "2024-08-23", "close": 55.218196, "volume": 11170, "typical_volume": 12613.0, "trend": 45.63997, "fair_value": 25.8517, "relative_strength": 28.500652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.57212, "energy": 77.346664, "activity_lines": [ 53.316031, 51.911204, 49.716339, 48.104103 ] }, { "date": "2024-08-30", "close": 59.916273, "volume": 29000, "typical_volume": 13943.0, "trend": 46.413278, "fair_value": 26.159537, "relative_strength": 37.238062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.795992, "energy": 92.800631, "activity_lines": [ 55.758644, 53.581714, 50.843978, 49.025154 ] }, { "date": "2024-09-06", "close": 58.33491, "volume": 9600, "typical_volume": 14226.5, "trend": 47.092344, "fair_value": 26.457237, "relative_strength": 33.417113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.843085, "energy": 90.631814, "activity_lines": [ 57.073384, 54.743902, 51.744112, 49.794292 ] }, { "date": "2024-09-13", "close": 59.681996, "volume": 2730, "typical_volume": 14243.5, "trend": 47.771775, "fair_value": 26.763572, "relative_strength": 34.449288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.201005, "energy": 91.299419, "activity_lines": [ 58.399612, 55.972439, 52.717107, 50.606528 ] }, { "date": "2024-09-20", "close": 59.406721, "volume": 4180, "typical_volume": 13809.0, "trend": 48.428874, "fair_value": 27.070256, "relative_strength": 36.026811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.628959, "energy": 88.451822, "activity_lines": [ 59.054471, 56.937553, 53.592833, 51.357169 ] }, { "date": "2024-09-27", "close": 57.155151, "volume": 2670, "typical_volume": 13648.5, "trend": 49.041106, "fair_value": 27.362902, "relative_strength": 27.82985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.942127, "energy": 65.466989, "activity_lines": [ 58.602315, 57.295463, 54.181921, 51.920155 ] }, { "date": "2024-10-04", "close": 60.028705, "volume": 7130, "typical_volume": 13377.0, "trend": 49.672142, "fair_value": 27.673885, "relative_strength": 33.711349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.432582, "energy": 67.560502, "activity_lines": [ 58.97888, 58.07455, 54.99399, 52.629032 ] }, { "date": "2024-10-11", "close": 61.041031, "volume": 3460, "typical_volume": 13459.5, "trend": 50.279813, "fair_value": 27.991358, "relative_strength": 36.406941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.37473, "energy": 65.368707, "activity_lines": [ 59.685391, 58.871812, 55.82962, 53.362509 ] }, { "date": "2024-10-18", "close": 61.607453, "volume": 7420, "typical_volume": 13715.0, "trend": 50.894379, "fair_value": 28.305875, "relative_strength": 35.805179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.648809, "energy": 67.029829, "activity_lines": [ 60.400302, 59.603528, 56.639161, 54.093324 ] }, { "date": "2024-10-25", "close": 60.076912, "volume": 3660, "typical_volume": 8603.5, "trend": 51.447058, "fair_value": 28.610426, "relative_strength": 31.83511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.56982, "energy": 61.553564, "activity_lines": [ 60.476668, 59.863879, 57.228619, 54.685746 ] }, { "date": "2024-11-01", "close": 61.523091, "volume": 6420, "typical_volume": 8142.0, "trend": 52.00978, "fair_value": 28.924248, "relative_strength": 35.393751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.850221, "energy": 61.96993, "activity_lines": [ 60.990415, 60.277762, 57.895788, 55.335813 ] }, { "date": "2024-11-08", "close": 64.876853, "volume": 2030, "typical_volume": 8085.5, "trend": 52.71343, "fair_value": 29.259568, "relative_strength": 41.315622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.095716, "energy": 66.691345, "activity_lines": [ 62.330887, 61.186785, 58.807599, 56.165946 ] }, { "date": "2024-11-15", "close": 64.048743, "volume": 3430, "typical_volume": 8113.0, "trend": 53.291921, "fair_value": 29.58958, "relative_strength": 37.76027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.362721, "energy": 63.978555, "activity_lines": [ 63.072112, 61.855051, 59.55909, 56.897257 ] }, { "date": "2024-11-22", "close": 66.21716, "volume": 3450, "typical_volume": 7830.5, "trend": 54.007125, "fair_value": 29.933492, "relative_strength": 39.1289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.428985, "energy": 72.343474, "activity_lines": [ 64.335628, 62.813686, 60.44312, 57.731143 ] }, { "date": "2024-11-29", "close": 69.133636, "volume": 8380, "typical_volume": 7984.0, "trend": 54.836776, "fair_value": 30.295123, "relative_strength": 47.022362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.2998, "energy": 86.800452, "activity_lines": [ 66.26399, 64.183769, 61.517905, 58.707047 ] }, { "date": "2024-12-06", "close": 66.317883, "volume": 14710, "typical_volume": 8598.0, "trend": 55.497039, "fair_value": 30.638704, "relative_strength": 38.815523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.590058, "energy": 71.151424, "activity_lines": [ 66.649985, 64.865043, 62.226393, 59.447764 ] }, { "date": "2024-12-13", "close": 65.919323, "volume": 8860, "typical_volume": 8856.5, "trend": 56.203347, "fair_value": 30.973012, "relative_strength": 37.460519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.017518, "energy": 58.611868, "activity_lines": [ 66.583475, 65.307257, 62.826763, 60.120169 ] }, { "date": "2024-12-20", "close": 63.318769, "volume": 6400, "typical_volume": 8298.5, "trend": 56.839504, "fair_value": 31.290649, "relative_strength": 32.905144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.341905, "energy": 48.36256, "activity_lines": [ 65.580615, 65.169541, 63.107965, 60.579229 ] }, { "date": "2024-12-27", "close": 64.238991, "volume": 2640, "typical_volume": 6957.5, "trend": 57.447449, "fair_value": 31.614185, "relative_strength": 34.928325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.942242, "energy": 32.912896, "activity_lines": [ 64.93316, 65.157724, 63.421821, 61.056615 ] }, { "date": "2025-01-03", "close": 64.720189, "volume": 9090, "typical_volume": 7321.5, "trend": 58.022364, "fair_value": 31.931441, "relative_strength": 35.978092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.809837, "energy": 25.228404, "activity_lines": [ 64.577983, 65.185552, 63.718405, 61.525824 ] }, { "date": "2025-01-10", "close": 62.888426, "volume": 6120, "typical_volume": 7069.0, "trend": 58.59123, "fair_value": 32.231763, "relative_strength": 30.112186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.617629, "energy": 18.369449, "activity_lines": [ 63.906448, 64.795909, 63.78977, 61.839763 ] }, { "date": "2025-01-17", "close": 64.916122, "volume": 4200, "typical_volume": 5829.0, "trend": 59.162694, "fair_value": 32.548215, "relative_strength": 28.929608, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.990547, "energy": 18.50005, "activity_lines": [ 64.139442, 64.750113, 64.017723, 62.247821 ] }, { "date": "2025-01-24", "close": 60.962772, "volume": 3490, "typical_volume": 5523.5, "trend": 59.577677, "fair_value": 32.840329, "relative_strength": 19.790085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.420204, "energy": 12.403051, "activity_lines": [ 63.121533, 63.984813, 63.845358, 62.363955 ] }, { "date": "2025-01-31", "close": 63.27827, "volume": 4530, "typical_volume": 5613.5, "trend": 60.088739, "fair_value": 33.147287, "relative_strength": 19.526599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.073032, "energy": 11.352117, "activity_lines": [ 63.032523, 63.696621, 63.881003, 62.602703 ] }, { "date": "2025-02-07", "close": 63.35851, "volume": 15420, "typical_volume": 6175.5, "trend": 60.583148, "fair_value": 33.456909, "relative_strength": 19.969321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.640219, "energy": 9.967477, "activity_lines": [ 63.034308, 63.476452, 63.907165, 62.813656 ] }, { "date": "2025-02-14", "close": 65.718489, "volume": 3690, "typical_volume": 6226.5, "trend": 61.054285, "fair_value": 33.78166, "relative_strength": 19.817233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.576073, "energy": 15.445187, "activity_lines": [ 63.913531, 63.790373, 64.139269, 63.144968 ] }, { "date": "2025-02-21", "close": 67.010993, "volume": 2640, "typical_volume": 6002.0, "trend": 61.591152, "fair_value": 34.11967, "relative_strength": 22.013231, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.564567, "energy": 26.33443, "activity_lines": [ 65.034918, 64.350192, 64.453691, 63.529272 ] }, { "date": "2025-02-28", "close": 71.439668, "volume": 17640, "typical_volume": 6711.0, "trend": 62.246747, "fair_value": 34.486347, "relative_strength": 32.995986, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.256557, "energy": 62.841405, "activity_lines": [ 67.492871, 65.695377, 65.156642, 64.16466 ] }, { "date": "2025-03-07", "close": 70.670453, "volume": 10960, "typical_volume": 6888.0, "trend": 62.902835, "fair_value": 34.848094, "relative_strength": 27.852201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.630652, "energy": 71.215757, "activity_lines": [ 68.99596, 66.753051, 65.736817, 64.708125 ] }, { "date": "2025-03-14", "close": 70.768124, "volume": 5300, "typical_volume": 6970.0, "trend": 63.459794, "fair_value": 35.210466, "relative_strength": 23.006129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.90868, "energy": 74.609592, "activity_lines": [ 70.038794, 67.711548, 66.283137, 65.215563 ] }, { "date": "2025-03-21", "close": 68.361044, "volume": 2900, "typical_volume": 6794.0, "trend": 63.897889, "fair_value": 35.557409, "relative_strength": 14.905303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.973152, "energy": 68.089551, "activity_lines": [ 69.785294, 68.122432, 66.549301, 65.531773 ] }, { "date": "2025-03-28", "close": 70.206478, "volume": 2040, "typical_volume": 6794.5, "trend": 64.240896, "fair_value": 35.916181, "relative_strength": 17.435327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.797546, "energy": 55.144669, "activity_lines": [ 69.970767, 68.769347, 66.958659, 65.938778 ] }, { "date": "2025-04-04", "close": 66.010815, "volume": 10960, "typical_volume": 7171.0, "trend": 64.496759, "fair_value": 36.235104, "relative_strength": 13.644848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.591386, "energy": 27.973461, "activity_lines": [ 68.544655, 68.557227, 66.943051, 66.052967 ] }, { "date": "2025-04-11", "close": 69.993968, "volume": 16460, "typical_volume": 7821.5, "trend": 64.840491, "fair_value": 36.57956, "relative_strength": 19.093297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.948994, "energy": 27.188551, "activity_lines": [ 68.808183, 68.977533, 67.297447, 66.407625 ] }, { "date": "2025-04-18", "close": 67.70928, "volume": 1310, "typical_volume": 7468.0, "trend": 65.117243, "fair_value": 36.909371, "relative_strength": 12.754995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.601143, "energy": 20.65073, "activity_lines": [ 68.355248, 68.860337, 67.416269, 66.592709 ] }, { "date": "2025-04-25", "close": 65.511832, "volume": 1050, "typical_volume": 6785.0, "trend": 65.395799, "fair_value": 37.225095, "relative_strength": 4.401052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.044148, "energy": 15.573931, "activity_lines": [ 67.373753, 68.264501, 67.332593, 66.618166 ] }, { "date": "2025-05-02", "close": 69.720929, "volume": 18510, "typical_volume": 7267.5, "trend": 65.718874, "fair_value": 37.569124, "relative_strength": 10.004278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.272136, "energy": 19.67684, "activity_lines": [ 67.985238, 68.437713, 67.653622, 66.897207 ] }, { "date": "2025-05-09", "close": 70.682255, "volume": 4660, "typical_volume": 7180.5, "trend": 66.040248, "fair_value": 37.921649, "relative_strength": 9.705849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.244378, "energy": 25.67909, "activity_lines": [ 68.949534, 68.736439, 68.048103, 67.217425 ] }, { "date": "2025-05-16", "close": 70.747677, "volume": 10000, "typical_volume": 7548.5, "trend": 66.344922, "fair_value": 38.274968, "relative_strength": 7.002706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.374759, "energy": 29.093544, "activity_lines": [ 69.624209, 69.060832, 68.41375, 67.52113 ] }, { "date": "2025-05-23", "close": 68.749991, "volume": 4060, "typical_volume": 7297.0, "trend": 66.634024, "fair_value": 38.611606, "relative_strength": 4.405293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.442179, "energy": 28.989479, "activity_lines": [ 69.582741, 69.020605, 68.558148, 67.676296 ] }, { "date": "2025-05-30", "close": 70.70756, "volume": 3350, "typical_volume": 7158.5, "trend": 66.940173, "fair_value": 38.959522, "relative_strength": 7.40064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.883355, "energy": 36.399894, "activity_lines": [ 70.124416, 69.372992, 68.869791, 67.939104 ] }, { "date": "2025-06-06", "close": 67.901204, "volume": 5350, "typical_volume": 7216.0, "trend": 67.040985, "fair_value": 39.288657, "relative_strength": 3.401011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.843118, "energy": 22.665786, "activity_lines": [ 69.384256, 69.17247, 68.876929, 68.001106 ] }, { "date": "2025-06-13", "close": 64.683102, "volume": 3170, "typical_volume": 7200.0, "trend": 67.06213, "fair_value": 39.596601, "relative_strength": -2.640436, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.450504, "energy": 5.989867, "activity_lines": [ 67.692711, 68.428752, 68.563366, 67.848985 ] }, { "date": "2025-06-20", "close": 62.900887, "volume": 1530, "typical_volume": 7050.0, "trend": 66.951588, "fair_value": 39.89369, "relative_strength": -5.500123, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.875355, "energy": 27.501841, "activity_lines": [ 65.807038, 67.385135, 68.062352, 67.580517 ] }, { "date": "2025-06-27", "close": 63.355376, "volume": 7670, "typical_volume": 6662.5, "trend": 66.758979, "fair_value": 40.184864, "relative_strength": -4.912302, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.397456, "energy": 38.15043, "activity_lines": [ 64.59598, 66.553118, 67.60642, 67.348504 ] }, { "date": "2025-07-04", "close": 64.04109, "volume": 35110, "typical_volume": 8233.5, "trend": 66.683086, "fair_value": 40.47483, "relative_strength": -7.283558, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.58655, "energy": 46.388367, "activity_lines": [ 63.973135, 65.924937, 67.215809, 67.173156 ] }, { "date": "2025-07-11", "close": 60.934423, "volume": 5830, "typical_volume": 8393.0, "trend": 66.516923, "fair_value": 40.747551, "relative_strength": -8.609339, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.045054, "energy": 62.760524, "activity_lines": [ 62.759165, 64.758649, 66.537312, 66.802275 ] }, { "date": "2025-07-18", "close": 61.943979, "volume": 3270, "typical_volume": 7674.5, "trend": 66.471097, "fair_value": 41.030864, "relative_strength": -5.365174, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.75107, "energy": 57.779282, "activity_lines": [ 62.346166, 63.935672, 65.9839, 66.507246 ] }, { "date": "2025-07-25", "close": 62.369867, "volume": 930, "typical_volume": 7173.0, "trend": 66.408792, "fair_value": 41.319589, "relative_strength": -5.06818, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.131513, "energy": 60.853458, "activity_lines": [ 62.257738, 63.349006, 65.516266, 66.24265 ] }, { "date": "2025-08-01", "close": 59.931151, "volume": 2540, "typical_volume": 7035.0, "trend": 66.249158, "fair_value": 41.591249, "relative_strength": -8.179109, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.478547, "energy": 69.420845, "activity_lines": [ 61.391806, 62.471261, 64.8559, 65.824738 ] }, { "date": "2025-08-08", "close": 60.251233, "volume": 1270, "typical_volume": 6953.5, "trend": 66.161251, "fair_value": 41.861294, "relative_strength": -10.235021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.55267, "energy": 61.962074, "activity_lines": [ 60.86085, 61.812055, 64.277623, 65.437775 ] }, { "date": "2025-08-15", "close": 60.114055, "volume": 17590, "typical_volume": 7731.0, "trend": 66.001182, "fair_value": 42.122798, "relative_strength": -10.850169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.247415, "energy": 68.739142, "activity_lines": [ 60.536825, 61.318023, 63.724899, 65.047634 ] }, { "date": "2025-08-22", "close": 60.374963, "volume": 830, "typical_volume": 7224.5, "trend": 65.981589, "fair_value": 42.391003, "relative_strength": -11.623615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.417758, "energy": 67.346048, "activity_lines": [ 60.35446, 61.013014, 63.245083, 64.684652 ] }, { "date": "2025-08-29", "close": 59.796665, "volume": 2040, "typical_volume": 6503.5, "trend": 65.865535, "fair_value": 42.655598, "relative_strength": -14.549077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.475209, "energy": 64.260825, "activity_lines": [ 60.083931, 60.681189, 62.737028, 64.285624 ] }, { "date": "2025-09-05", "close": 59.504377, "volume": 1130, "typical_volume": 6494.5, "trend": 65.737064, "fair_value": 42.914385, "relative_strength": -15.639354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.621492, "energy": 62.952714, "activity_lines": [ 59.887518, 60.352661, 62.249694, 63.875227 ] }, { "date": "2025-09-12", "close": 59.770671, "volume": 930, "typical_volume": 6488.5, "trend": 65.538804, "fair_value": 43.17522, "relative_strength": -14.968699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.233772, "energy": 55.237084, "activity_lines": [ 59.808323, 60.142568, 61.826794, 63.490298 ] }, { "date": "2025-09-19", "close": 58.069843, "volume": 1540, "typical_volume": 5640.0, "trend": 65.240765, "fair_value": 43.429129, "relative_strength": -19.249908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.429716, "energy": 66.527247, "activity_lines": [ 59.194222, 59.700878, 61.269248, 63.00843 ] }, { "date": "2025-09-26", "close": 58.103022, "volume": 840, "typical_volume": 5449.0, "trend": 64.79621, "fair_value": 43.684741, "relative_strength": -18.873049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.720104, "energy": 64.011252, "activity_lines": [ 58.727461, 59.317304, 60.770343, 62.54793 ] }, { "date": "2025-10-03", "close": 59.14691, "volume": 2180, "typical_volume": 5058.0, "trend": 64.412092, "fair_value": 43.934237, "relative_strength": -16.554257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.710055, "energy": 51.702606, "activity_lines": [ 58.760126, 59.193363, 60.430758, 62.183459 ] }, { "date": "2025-10-10", "close": 59.492198, "volume": 7460, "typical_volume": 5228.0, "trend": 64.036228, "fair_value": 44.190282, "relative_strength": -13.808982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.916779, "energy": 47.54001, "activity_lines": [ 58.951204, 59.190801, 60.179299, 61.866047 ] }, { "date": "2025-10-17", "close": 54.689595, "volume": 1940, "typical_volume": 5157.5, "trend": 63.580513, "fair_value": 44.413533, "relative_strength": -21.991885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.545518, "energy": 59.414935, "activity_lines": [ 57.542226, 58.323019, 59.514534, 61.263038 ] }, { "date": "2025-10-24", "close": 52.876174, "volume": 2020, "typical_volume": 4991.0, "trend": 63.002836, "fair_value": 44.613059, "relative_strength": -25.714864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.708132, "energy": 70.123306, "activity_lines": [ 55.867512, 57.226646, 58.753338, 60.572436 ] }, { "date": "2025-10-31", "close": 49.774884, "volume": 4500, "typical_volume": 5057.5, "trend": 62.461639, "fair_value": 44.803521, "relative_strength": -31.246724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.458712, "energy": 93.698491, "activity_lines": [ 53.50528, 55.697999, 57.768329, 59.719019 ] }, { "date": "2025-11-07", "close": 51.747942, "volume": 4120, "typical_volume": 5187.0, "trend": 61.853438, "fair_value": 44.998187, "relative_strength": -30.144025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.58601, "energy": 88.4982, "activity_lines": [ 52.355944, 54.720818, 57.042222, 59.027813 ] }, { "date": "2025-11-14", "close": 53.662706, "volume": 1440, "typical_volume": 4875.5, "trend": 61.385219, "fair_value": 45.202515, "relative_strength": -28.78842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.986602, "energy": 84.436667, "activity_lines": [ 52.338126, 54.238117, 56.551582, 58.499379 ] }, { "date": "2025-11-21", "close": 55.391824, "volume": 430, "typical_volume": 3141.5, "trend": 61.047885, "fair_value": 45.414761, "relative_strength": -24.613648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.284625, "energy": 58.927401, "activity_lines": [ 53.285314, 54.176014, 56.271776, 58.112708 ] }, { "date": "2025-11-28", "close": 54.762237, "volume": 2070, "typical_volume": 2953.5, "trend": 60.549262, "fair_value": 45.625302, "relative_strength": -26.876309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.301071, "energy": 45.247406, "activity_lines": [ 53.975824, 54.079055, 55.973196, 57.707183 ] }, { "date": "2025-12-05", "close": 54.549685, "volume": 1130, "typical_volume": 2846.5, "trend": 60.01151, "fair_value": 45.837361, "relative_strength": -25.826747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.000494, "energy": 30.473108, "activity_lines": [ 54.469747, 54.003589, 55.683765, 57.320113 ] }, { "date": "2025-12-12", "close": 56.90121, "volume": 600, "typical_volume": 2830.0, "trend": 59.549961, "fair_value": 46.06399, "relative_strength": -23.714605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.288905, "energy": 23.54893, "activity_lines": [ 55.42919, 54.420279, 55.653499, 57.119449 ] }, { "date": "2025-12-19", "close": 55.74787, "volume": 1590, "typical_volume": 2782.5, "trend": 59.116557, "fair_value": 46.288214, "relative_strength": -23.651602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.011192, "energy": 20.368464, "activity_lines": [ 55.660636, 54.668101, 55.539433, 56.874152 ] }, { "date": "2025-12-26", "close": 56.45638, "volume": 1740, "typical_volume": 2806.0, "trend": 58.641517, "fair_value": 46.51698, "relative_strength": -23.259209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.466513, "energy": 19.075878, "activity_lines": [ 55.989241, 55.112823, 55.512764, 56.702528 ] }, { "date": "2026-01-02", "close": 54.035174, "volume": 2960, "typical_volume": 2074.5, "trend": 58.179316, "fair_value": 46.709016, "relative_strength": -25.732387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.05529, "energy": 20.249052, "activity_lines": [ 55.439807, 55.085201, 55.273575, 56.405345 ] }, { "date": "2026-01-09", "close": 54.233481, "volume": 850, "typical_volume": 2075.5, "trend": 57.830996, "fair_value": 46.907654, "relative_strength": -26.133589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.455181, "energy": 25.683889, "activity_lines": [ 55.004946, 55.072563, 55.082219, 56.150775 ] }, { "date": "2026-01-16", "close": 50.46563, "volume": 3150, "typical_volume": 2131.0, "trend": 57.416487, "fair_value": 47.088151, "relative_strength": -31.20137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.650395, "energy": 55.55424, "activity_lines": [ 53.335215, 54.293796, 54.561265, 55.67559 ] }, { "date": "2026-01-23", "close": 51.120422, "volume": 1830, "typical_volume": 2166.0, "trend": 57.008655, "fair_value": 47.266116, "relative_strength": -35.192947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.108899, "energy": 74.827295, "activity_lines": [ 52.312787, 53.657396, 54.147106, 55.269392 ] }, { "date": "2026-01-30", "close": 51.068973, "volume": 4190, "typical_volume": 2329.0, "trend": 56.576251, "fair_value": 47.440192, "relative_strength": -35.533707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.892144, "energy": 78.192483, "activity_lines": [ 51.581705, 53.057865, 53.767971, 54.886187 ] }, { "date": "2026-02-06", "close": 49.338455, "volume": 14260, "typical_volume": 2965.0, "trend": 56.189719, "fair_value": 47.597408, "relative_strength": -37.602273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.209838, "energy": 86.793837, "activity_lines": [ 50.632945, 52.222292, 53.265461, 54.419232 ] }, { "date": "2026-02-13", "close": 49.706074, "volume": 1320, "typical_volume": 2989.0, "trend": 55.781789, "fair_value": 47.755962, "relative_strength": -37.639504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.012012, "energy": 82.305933, "activity_lines": [ 50.119839, 51.552174, 52.839541, 54.000932 ] }, { "date": "2026-02-20", "close": 48.932488, "volume": 460, "typical_volume": 2903.0, "trend": 55.333876, "fair_value": 47.910204, "relative_strength": -39.181839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.714933, "energy": 82.05872, "activity_lines": [ 49.650698, 50.829468, 52.379931, 53.559042 ] }, { "date": "2026-02-27", "close": 51.105454, "volume": 420, "typical_volume": 2551.0, "trend": 55.039687, "fair_value": 48.073107, "relative_strength": -34.972088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.308852, "energy": 55.470261, "activity_lines": [ 50.008088, 50.646734, 52.175911, 53.286241 ] }, { "date": "2026-03-06", "close": 51.704116, "volume": 1610, "typical_volume": 2534.5, "trend": 54.754783, "fair_value": 48.242423, "relative_strength": -29.85704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.189081, "energy": 44.078608, "activity_lines": [ 50.566031, 50.657254, 52.068842, 53.071042 ] }, { "date": "2026-03-13", "close": 51.217705, "volume": 1550, "typical_volume": 2511.0, "trend": 54.458238, "fair_value": 48.412818, "relative_strength": -28.981712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.770327, "energy": 31.667462, "activity_lines": [ 50.919493, 50.665741, 51.929666, 52.842844 ] }, { "date": "2026-03-20", "close": 50.992271, "volume": 500, "typical_volume": 2311.0, "trend": 54.145481, "fair_value": 48.5797, "relative_strength": -27.943499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.511082, "energy": 22.897599, "activity_lines": [ 51.072528, 50.684467, 51.776917, 52.619233 ] }, { "date": "2026-03-27", "close": 48.734177, "volume": 1860, "typical_volume": 2198.0, "trend": 53.776732, "fair_value": 48.733405, "relative_strength": -32.303811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.409276, "energy": 34.034943, "activity_lines": [ 50.387118, 50.351561, 51.403314, 52.270117 ] }, { "date": "2026-04-03", "close": 47.513805, "volume": 30, "typical_volume": 2127.5, "trend": 53.377046, "fair_value": 48.867696, "relative_strength": -35.445575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.289545, "energy": 55.522332, "activity_lines": [ 49.308138, 49.82825, 50.927837, 51.866057 ] }, { "date": "2026-04-10", "close": 47.031401, "volume": 10960, "typical_volume": 2654.0, "trend": 52.952404, "fair_value": 49.008723, "relative_strength": -38.162114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.383357, "energy": 72.965605, "activity_lines": [ 48.3078, 49.282805, 50.435697, 51.456661 ] }, { "date": "2026-04-17", "close": 49.4812, "volume": 100, "typical_volume": 2555.5, "trend": 52.666115, "fair_value": 49.163165, "relative_strength": -33.518822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.001254, "energy": 68.023996, "activity_lines": [ 48.435576, 49.256188, 50.216682, 51.232712 ] }, { "date": "2026-04-24", "close": 49.838641, "volume": 40, "typical_volume": 2501.0, "trend": 52.390636, "fair_value": 49.322525, "relative_strength": -30.496549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.504174, "energy": 56.991478, "activity_lines": [ 48.798266, 49.291964, 50.056858, 51.050294 ] }, { "date": "2026-05-01", "close": 49.303929, "volume": 90, "typical_volume": 2475.5, "trend": 52.062537, "fair_value": 49.493616, "relative_strength": -29.067264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.831215, "energy": 38.549907, "activity_lines": [ 49.059628, 49.22811, 49.868542, 50.851152 ] }, { "date": "2026-05-08", "close": 45.91839, "volume": 470, "typical_volume": 2419.5, "trend": 51.610076, "fair_value": 49.633092, "relative_strength": -31.838169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.122858, "energy": 48.599698, "activity_lines": [ 48.154493, 48.54195, 49.393971, 50.454755 ] }, { "date": "2026-05-15", "close": 49.126662, "volume": 2110, "typical_volume": 2438.0, "trend": 51.424645, "fair_value": 49.790389, "relative_strength": -23.33731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.709261, "energy": 35.943562, "activity_lines": [ 48.425143, 48.533423, 49.271757, 50.294535 ] }, { "date": "2026-05-22", "close": 48.228692, "volume": 2220, "typical_volume": 2401.0, "trend": 51.269729, "fair_value": 49.947227, "relative_strength": -23.361974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.103346, "energy": 38.81053, "activity_lines": [ 48.256785, 48.408491, 49.098926, 50.088344 ] }, { "date": "2026-05-29", "close": 46.920975, "volume": 1630, "typical_volume": 2440.0, "trend": 51.174599, "fair_value": 50.095682, "relative_strength": -23.385941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.612481, "energy": 53.951818, "activity_lines": [ 47.736023, 48.100138, 48.8292, 49.80778 ] }, { "date": "2026-06-05", "close": 46.822167, "volume": 50, "typical_volume": 2285.0, "trend": 51.010406, "fair_value": 50.245699, "relative_strength": -20.42664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.390997, "energy": 45.716981, "activity_lines": [ 47.376835, 47.847843, 48.584885, 49.526978 ] }, { "date": "2026-06-12", "close": 49.817331, "volume": 240, "typical_volume": 2205.5, "trend": 50.882227, "fair_value": 50.420715, "relative_strength": -15.541066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.805913, "energy": 27.66602, "activity_lines": [ 48.181486, 48.174888, 48.643174, 49.450005 ] }, { "date": "2026-06-19", "close": 50.53803, "volume": 1580, "typical_volume": 2075.0, "trend": 50.720434, "fair_value": 50.600351, "relative_strength": -12.241295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.642388, "energy": 10.783814, "activity_lines": [ 48.966441, 48.591086, 48.776306, 49.427799 ] }, { "date": "2026-06-26", "close": 55.427933, "volume": 2900, "typical_volume": 1507.0, "trend": 50.742624, "fair_value": 50.806194, "relative_strength": -5.610896, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.313634, "energy": 42.862822, "activity_lines": [ 51.287272, 49.832601, 49.377671, 49.731508 ] }, { "date": "2026-07-03", "close": 57.198002, "volume": 20, "typical_volume": 1442.0, "trend": 50.830901, "fair_value": 51.011125, "relative_strength": -2.450462, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.82486, "energy": 76.849202, "activity_lines": [ 53.718177, 51.287824, 50.118616, 50.147984 ] }, { "date": "2026-07-10", "close": 58.507999, "volume": 130, "typical_volume": 1425.5, "trend": 50.884461, "fair_value": 51.224104, "relative_strength": -1.56933, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.958048, "energy": 86.563899, "activity_lines": [ 55.900613, 52.847422, 50.948648, 50.643281 ] }, { "date": "2026-07-17", "close": 53.664001, "volume": 1530, "typical_volume": 1481.0, "trend": 50.814999, "fair_value": 51.418646, "relative_strength": -6.726189, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.596563, "energy": 85.795728, "activity_lines": [ 55.689327, 53.358946, 51.271749, 50.822606 ] }, { "date": "2026-07-24", "close": 51.479, "volume": 300, "typical_volume": 1415.5, "trend": 50.649086, "fair_value": 51.598709, "relative_strength": -9.795261, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.825894, "energy": 70.750194, "activity_lines": [ 54.493263, 53.332368, 51.37457, 50.865445 ] }, { "date": "2026-07-31", "close": 54.049999, "volume": 41, "typical_volume": 1340.05, "trend": 50.64958, "fair_value": 51.790908, "relative_strength": -6.579987, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.752068, "energy": 42.738949, "activity_lines": [ 54.091467, 53.730474, 51.723321, 51.084859 ] }, { "date": "2026-08-07", "close": 54.549999, "volume": 896, "typical_volume": 1359.85, "trend": 50.660131, "fair_value": 51.986312, "relative_strength": -1.980422, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.613675, "energy": 28.893123, "activity_lines": [ 53.948199, 54.113648, 52.106204, 51.336499 ] } ], "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." } } }