{ "ticker": { "uuid": "07d2d336-8c2b-4fc9-a1dd-20d76766467a", "symbol": "MCOV-B", "name": "Medicover AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 58.747, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 72.32, "architecture_energy": 43.985, "architecture_maturity": 32.525, "architecture_confidence": 61.839, "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": 25.5, "rotation_up": 53.07, "upward_expansion": 78.76, "deceleration": 64.25, "rotation_down": 22.65, "downward_expansion": 5.43 }, "activity_lines": [ 228.166667, 226.381818, 218.714278, 213.991383 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 238.0, "trend_reference": 209.800227, "distance_from_trend": 0.134412, "trend_direction": "Weakening", "fair_value": 197.840252, "distance_from_fair_value": 0.202991, "fair_value_direction": "Improving", "relative_strength": -6.583559, "relative_strength_direction": "Improving", "price_momentum": 0.170648, "excess_performance": 0.109154, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.134412, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002987, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.202991, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.152617, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.065836, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.154531, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.170648, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.844915, "read": "Supply-led" } ], "volume": { "latest": 774458, "relative_activity": 2.131487, "balance": 0.844915, "dry_up": 0.989925, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.059858, "annualized_volatility": 0.293478, "from_high_reference": -0.144607, "from_low_reference": 0.327909 }, "levels": { "trend_reference": 209.800227, "fair_value_reference": 197.840252, "structural_low": 179.229143, "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": 22, "median_return": -0.003112, "positive_rate": 0.409091, "directional_follow_through": 0.409091, "median_excess_return": -0.016737, "regime_survival": 0.636364, "best_return": 0.321428, "worst_return": -0.285135, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.042254, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.008061, "regime_survival": 0.555556, "best_return": 0.397059, "worst_return": -0.414135, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.044534, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.005977, "regime_survival": 0.333333, "best_return": 0.338028, "worst_return": -0.588865, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.030109, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.143469, "regime_survival": 0.25, "best_return": 0.39404, "worst_return": -0.449889, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2024-12-20", "tenure": "Developing", "return": 0.093182, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": 0.022869, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.070686, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.076191, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-05-02", "tenure": "Developing", "return": 0.19583, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-06-20", "tenure": "Developing", "return": -0.033195, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.031558, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-05", "tenure": "Developing", "return": 0.032755, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-11-07", "tenure": "Developing", "return": -0.111742, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": -0.048218, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-05-08", "tenure": "Established", "return": -0.074289, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-26", "tenure": "Developing", "return": 0.139651, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": -0.031579, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.069663, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 152.642227, "volume": 93557, "typical_volume": 164852.2, "trend": 171.784835, "fair_value": 189.639935, "relative_strength": -3.847714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.317229, "energy": 51.730395, "activity_lines": [ 156.486556, 158.463136, 163.281706, 166.613907 ] }, { "date": "2023-08-25", "close": 151.345276, "volume": 95441, "typical_volume": 159639.75, "trend": 170.761586, "fair_value": 189.905299, "relative_strength": -4.876589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.69348, "energy": 56.707413, "activity_lines": [ 154.305003, 156.83604, 161.730505, 165.295226 ] }, { "date": "2023-09-01", "close": 155.036606, "volume": 240437, "typical_volume": 162693.5, "trend": 169.465926, "fair_value": 190.173896, "relative_strength": -4.28543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.755178, "energy": 52.220372, "activity_lines": [ 154.025652, 156.19572, 160.629564, 164.280711 ] }, { "date": "2023-09-08", "close": 154.138718, "volume": 102837, "typical_volume": 157665.75, "trend": 168.396219, "fair_value": 190.389496, "relative_strength": -4.340347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.079808, "energy": 47.652387, "activity_lines": [ 153.752956, 155.50824, 159.578356, 163.291859 ] }, { "date": "2023-09-15", "close": 143.962585, "volume": 153587, "typical_volume": 155504.05, "trend": 166.645022, "fair_value": 190.495175, "relative_strength": -11.341186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.538651, "energy": 59.85834, "activity_lines": [ 150.454026, 153.137435, 157.681374, 161.715495 ] }, { "date": "2023-09-22", "close": 150.946213, "volume": 810104, "typical_volume": 186266.9, "trend": 165.505453, "fair_value": 190.668604, "relative_strength": -5.910407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.389887, "energy": 41.527075, "activity_lines": [ 150.294403, 152.342934, 156.567319, 160.702669 ] }, { "date": "2023-09-29", "close": 143.363983, "volume": 360878, "typical_volume": 195292.95, "trend": 164.269331, "fair_value": 190.752572, "relative_strength": -10.232885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.170707, "energy": 50.947345, "activity_lines": [ 147.720438, 150.320402, 154.896949, 159.274187 ] }, { "date": "2023-10-06", "close": 136.280594, "volume": 143598, "typical_volume": 198877.05, "trend": 162.930023, "fair_value": 190.777088, "relative_strength": -14.565275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.735561, "energy": 67.72332, "activity_lines": [ 143.317429, 147.338303, 152.703994, 157.468462 ] }, { "date": "2023-10-13", "close": 125.007004, "volume": 238050, "typical_volume": 204786.2, "trend": 161.517337, "fair_value": 190.680818, "relative_strength": -22.681339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.310622, "energy": 80.929319, "activity_lines": [ 136.406957, 142.73092, 149.617419, 155.021816 ] }, { "date": "2023-10-20", "close": 121.714722, "volume": 261221, "typical_volume": 202241.75, "trend": 160.064694, "fair_value": 190.583874, "relative_strength": -20.443617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.827315, "energy": 89.401919, "activity_lines": [ 130.341172, 138.154374, 146.432028, 152.453905 ] }, { "date": "2023-10-27", "close": 122.512856, "volume": 283631, "typical_volume": 209243.4, "trend": 158.565545, "fair_value": 190.583975, "relative_strength": -18.600772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.207205, "energy": 89.311051, "activity_lines": [ 126.024623, 134.348749, 143.560663, 150.031206 ] }, { "date": "2023-11-03", "close": 134.085724, "volume": 438933, "typical_volume": 199868.05, "trend": 157.299294, "fair_value": 190.581653, "relative_strength": -14.099245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.846814, "energy": 74.707497, "activity_lines": [ 127.461254, 133.195089, 142.010486, 148.451862 ] }, { "date": "2023-11-10", "close": 140.370987, "volume": 799948, "typical_volume": 235700.6, "trend": 155.863712, "fair_value": 190.661756, "relative_strength": -9.384051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.39752, "energy": 47.518845, "activity_lines": [ 131.611523, 133.498013, 141.223758, 147.359714 ] }, { "date": "2023-11-17", "close": 142.366318, "volume": 444924, "typical_volume": 251694.15, "trend": 154.607628, "fair_value": 190.744435, "relative_strength": -11.414631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.292743, "energy": 29.056444, "activity_lines": [ 136.15421, 134.430373, 140.727303, 146.488914 ] }, { "date": "2023-11-24", "close": 148.35228, "volume": 351173, "typical_volume": 263683.9, "trend": 153.929217, "fair_value": 190.822075, "relative_strength": -8.730431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.780064, "energy": 22.401957, "activity_lines": [ 141.534929, 136.665134, 140.900705, 146.085343 ] }, { "date": "2023-12-01", "close": 142.865143, "volume": 405741, "typical_volume": 278339.4, "trend": 152.499235, "fair_value": 190.849218, "relative_strength": -12.890271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.019359, "energy": 23.408571, "activity_lines": [ 143.310766, 137.82242, 140.610908, 145.371532 ] }, { "date": "2023-12-08", "close": 141.169128, "volume": 302476, "typical_volume": 291445.9, "trend": 151.361901, "fair_value": 190.892303, "relative_strength": -16.062863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.069499, "energy": 20.030029, "activity_lines": [ 143.164445, 138.818268, 140.237497, 144.640557 ] }, { "date": "2023-12-15", "close": 144.561157, "volume": 395338, "typical_volume": 306607.15, "trend": 150.377541, "fair_value": 190.840942, "relative_strength": -16.479742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.853015, "energy": 13.192584, "activity_lines": [ 143.676574, 140.470756, 140.283578, 144.2018 ] }, { "date": "2023-12-22", "close": 150.048309, "volume": 1245870, "typical_volume": 362725.45, "trend": 149.709107, "fair_value": 190.773682, "relative_strength": -12.884214, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.42803, "energy": 8.944206, "activity_lines": [ 145.738408, 142.970352, 140.923982, 144.180559 ] }, { "date": "2023-12-29", "close": 149.749039, "volume": 129260, "typical_volume": 364850.2, "trend": 148.97749, "fair_value": 190.686629, "relative_strength": -13.692733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.221638, "energy": 11.995455, "activity_lines": [ 147.188353, 144.960239, 141.581491, 144.183135 ] }, { "date": "2024-01-05", "close": 149.349945, "volume": 123734, "typical_volume": 366359.05, "trend": 148.338986, "fair_value": 190.557437, "relative_strength": -11.516432, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.407365, "energy": 25.681521, "activity_lines": [ 148.41215, 146.367848, 142.231396, 144.207164 ] }, { "date": "2024-01-12", "close": 161.621185, "volume": 1125305, "typical_volume": 417852.25, "trend": 148.102872, "fair_value": 190.536273, "relative_strength": -4.882379, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.729936, "energy": 50.887398, "activity_lines": [ 153.29404, 149.518644, 144.065668, 145.06408 ] }, { "date": "2024-01-19", "close": 155.036606, "volume": 214811, "typical_volume": 416570.95, "trend": 147.890037, "fair_value": 190.492052, "relative_strength": -6.021541, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.780712, "energy": 43.412377, "activity_lines": [ 154.617599, 150.9716, 145.223904, 145.511418 ] }, { "date": "2024-01-26", "close": 169.20343, "volume": 424118, "typical_volume": 432635.0, "trend": 148.086244, "fair_value": 190.568011, "relative_strength": -0.251345, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.487843, "energy": 61.351899, "activity_lines": [ 159.965071, 154.733695, 147.731362, 146.886476 ] }, { "date": "2024-02-02", "close": 170.001541, "volume": 312510, "typical_volume": 440581.15, "trend": 148.392194, "fair_value": 190.624826, "relative_strength": 0.657416, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.317432, "energy": 70.530361, "activity_lines": [ 164.301571, 158.152953, 150.243093, 148.300366 ] }, { "date": "2024-02-09", "close": 155.23616, "volume": 581452, "typical_volume": 429148.55, "trend": 148.259173, "fair_value": 190.424837, "relative_strength": -7.013197, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.482216, "energy": 58.842081, "activity_lines": [ 162.36611, 158.493973, 151.224603, 148.741912 ] }, { "date": "2024-02-16", "close": 148.252533, "volume": 1286077, "typical_volume": 475408.5, "trend": 147.820202, "fair_value": 190.213278, "relative_strength": -12.668363, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.436392, "energy": 36.116993, "activity_lines": [ 157.71036, 157.340315, 151.520577, 148.741484 ] }, { "date": "2024-02-23", "close": 142.865143, "volume": 482351, "typical_volume": 492346.15, "trend": 147.261511, "fair_value": 189.877808, "relative_strength": -16.181238, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.472097, "energy": 14.028835, "activity_lines": [ 152.150056, 155.078343, 151.280187, 148.421802 ] }, { "date": "2024-03-01", "close": 142.166794, "volume": 378830, "typical_volume": 499385.15, "trend": 146.679542, "fair_value": 189.58255, "relative_strength": -16.963509, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.674621, "energy": 20.275939, "activity_lines": [ 147.1684, 152.720235, 150.941933, 148.093111 ] }, { "date": "2024-03-08", "close": 138.475433, "volume": 440863, "typical_volume": 508367.25, "trend": 146.090921, "fair_value": 189.266183, "relative_strength": -19.418376, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.681853, "energy": 29.628986, "activity_lines": [ 142.758733, 149.83427, 150.170408, 147.563814 ] }, { "date": "2024-03-15", "close": 135.582199, "volume": 1058015, "typical_volume": 547086.45, "trend": 145.522254, "fair_value": 188.928715, "relative_strength": -21.952882, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.19255, "energy": 36.559506, "activity_lines": [ 139.486395, 146.627238, 149.043524, 146.885832 ] }, { "date": "2024-03-22", "close": 135.183151, "volume": 497665, "typical_volume": 550023.05, "trend": 144.983516, "fair_value": 188.583583, "relative_strength": -21.636977, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.145785, "energy": 47.466043, "activity_lines": [ 137.391305, 143.597974, 147.8164, 146.218793 ] }, { "date": "2024-03-29", "close": 137.677307, "volume": 1178284, "typical_volume": 568939.85, "trend": 144.404873, "fair_value": 188.253162, "relative_strength": -19.210631, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.999474, "energy": 43.806871, "activity_lines": [ 136.998893, 141.502885, 146.821588, 145.747424 ] }, { "date": "2024-04-05", "close": 138.275925, "volume": 383363, "typical_volume": 565861.8, "trend": 143.876113, "fair_value": 187.843585, "relative_strength": -17.873216, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.785258, "energy": 32.834813, "activity_lines": [ 137.151876, 139.832258, 145.896616, 145.352008 ] }, { "date": "2024-04-12", "close": 135.482468, "volume": 540835, "typical_volume": 575344.9, "trend": 143.593443, "fair_value": 187.269269, "relative_strength": -18.964959, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.997103, "energy": 28.97319, "activity_lines": [ 136.633097, 138.216049, 144.725077, 144.810483 ] }, { "date": "2024-04-19", "close": 130.893204, "volume": 651959, "typical_volume": 587655.8, "trend": 142.925009, "fair_value": 186.617654, "relative_strength": -20.921208, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.307644, "energy": 31.688935, "activity_lines": [ 134.784095, 136.393048, 143.177751, 143.991113 ] }, { "date": "2024-04-26", "close": 160.623535, "volume": 984177, "typical_volume": 621740.85, "trend": 143.500327, "fair_value": 186.101905, "relative_strength": -4.751906, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 16.948282, "energy": 10.763433, "activity_lines": [ 143.157803, 140.418161, 144.518894, 145.132953 ] }, { "date": "2024-05-03", "close": 181.110809, "volume": 822607, "typical_volume": 643104.3, "trend": 144.994668, "fair_value": 185.762185, "relative_strength": 8.509316, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.601297, "energy": 48.441719, "activity_lines": [ 156.664577, 147.943305, 147.718566, 147.559436 ] }, { "date": "2024-05-10", "close": 190.695526, "volume": 394119, "typical_volume": 600516.75, "trend": 147.184285, "fair_value": 185.582887, "relative_strength": 10.623617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.553135, "energy": 88.669078, "activity_lines": [ 170.47069, 156.515749, 151.657022, 150.507878 ] }, { "date": "2024-05-17", "close": 194.888824, "volume": 576403, "typical_volume": 622873.9, "trend": 149.623422, "fair_value": 185.341066, "relative_strength": 14.211059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.763835, "energy": 94.729333, "activity_lines": [ 182.179928, 164.96827, 155.801282, 153.58559 ] }, { "date": "2024-05-24", "close": 189.098053, "volume": 245395, "typical_volume": 628956.95, "trend": 151.842929, "fair_value": 185.052547, "relative_strength": 9.966529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.453465, "energy": 89.106737, "activity_lines": [ 187.998486, 171.342227, 159.179088, 156.132341 ] }, { "date": "2024-05-31", "close": 196.486267, "volume": 436629, "typical_volume": 594523.15, "trend": 153.922947, "fair_value": 184.817773, "relative_strength": 15.139285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.705477, "energy": 91.738196, "activity_lines": [ 192.399459, 178.086479, 163.071258, 159.012556 ] }, { "date": "2024-06-07", "close": 199.681168, "volume": 367246, "typical_volume": 602144.9, "trend": 155.899953, "fair_value": 184.514078, "relative_strength": 16.04313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.463749, "energy": 90.588953, "activity_lines": [ 195.474549, 184.29702, 167.101679, 161.964699 ] }, { "date": "2024-06-14", "close": 196.286591, "volume": 486339, "typical_volume": 605255.95, "trend": 157.697295, "fair_value": 184.198201, "relative_strength": 16.694291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.127981, "energy": 71.062748, "activity_lines": [ 196.180091, 188.763022, 170.596214, 164.570289 ] }, { "date": "2024-06-21", "close": 191.094879, "volume": 385238, "typical_volume": 608892.35, "trend": 159.122048, "fair_value": 183.941639, "relative_strength": 13.003204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.630982, "energy": 64.465789, "activity_lines": [ 194.782323, 191.230338, 173.467333, 166.724972 ] }, { "date": "2024-06-28", "close": 190.096466, "volume": 341627, "typical_volume": 596901.1, "trend": 160.696426, "fair_value": 183.592467, "relative_strength": 12.493796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.595684, "energy": 57.500832, "activity_lines": [ 193.304681, 192.504989, 176.14292, 168.723321 ] }, { "date": "2024-07-05", "close": 196.685944, "volume": 282286, "typical_volume": 546711.55, "trend": 162.546986, "fair_value": 183.266378, "relative_strength": 16.79922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.734105, "energy": 53.504987, "activity_lines": [ 193.956971, 193.901303, 179.280075, 171.045226 ] }, { "date": "2024-07-12", "close": 202.17717, "volume": 388073, "typical_volume": 541997.65, "trend": 164.46752, "fair_value": 183.010612, "relative_strength": 16.474147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.677212, "energy": 54.853801, "activity_lines": [ 196.426358, 195.640343, 182.709569, 173.602012 ] }, { "date": "2024-07-19", "close": 198.882431, "volume": 106260, "typical_volume": 528369.15, "trend": 166.095324, "fair_value": 182.535763, "relative_strength": 17.082311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.815989, "energy": 52.154904, "activity_lines": [ 197.631099, 196.397314, 185.54284, 175.822329 ] }, { "date": "2024-07-26", "close": 190.296158, "volume": 257133, "typical_volume": 519182.65, "trend": 167.446895, "fair_value": 182.159135, "relative_strength": 11.578351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.062907, "energy": 47.80751, "activity_lines": [ 195.800692, 195.444292, 187.288296, 177.383673 ] }, { "date": "2024-08-02", "close": 186.102829, "volume": 255154, "typical_volume": 479039.6, "trend": 168.671991, "fair_value": 181.765206, "relative_strength": 13.956617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.682432, "energy": 37.395396, "activity_lines": [ 192.625757, 193.81235, 188.387622, 178.587281 ] }, { "date": "2024-08-09", "close": 182.708267, "volume": 313977, "typical_volume": 469855.2, "trend": 169.374894, "fair_value": 181.403796, "relative_strength": 12.148191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.043344, "energy": 22.886417, "activity_lines": [ 188.585544, 191.617673, 188.923083, 179.492848 ] }, { "date": "2024-08-16", "close": 179.713058, "volume": 180856, "typical_volume": 419983.8, "trend": 170.197442, "fair_value": 180.946556, "relative_strength": 7.071436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.986723, "energy": 24.461544, "activity_lines": [ 184.478773, 189.128921, 188.946975, 180.159826 ] }, { "date": "2024-08-23", "close": 185.304123, "volume": 239527, "typical_volume": 412792.0, "trend": 170.734132, "fair_value": 180.537928, "relative_strength": 9.211004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.830533, "energy": 20.336546, "activity_lines": [ 183.733298, 188.019784, 189.303179, 181.134451 ] }, { "date": "2024-08-30", "close": 187.50061, "volume": 251635, "typical_volume": 398332.0, "trend": 171.317434, "fair_value": 179.993311, "relative_strength": 8.902251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.889961, "energy": 16.966776, "activity_lines": [ 184.625205, 187.509689, 189.644629, 182.216159 ] }, { "date": "2024-09-06", "close": 188.6987, "volume": 799510, "typical_volume": 405709.55, "trend": 172.432852, "fair_value": 179.501076, "relative_strength": 14.503188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.167919, "energy": 12.090091, "activity_lines": [ 186.102846, 187.282779, 189.852477, 183.337531 ] }, { "date": "2024-09-13", "close": 199.481491, "volume": 163455, "typical_volume": 364673.45, "trend": 174.140484, "fair_value": 179.046031, "relative_strength": 18.467803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.706164, "energy": 29.97015, "activity_lines": [ 191.001693, 189.04179, 190.811993, 185.082604 ] }, { "date": "2024-09-20", "close": 190.096466, "volume": 278513, "typical_volume": 337468.75, "trend": 175.714862, "fair_value": 178.537212, "relative_strength": 10.404057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.031537, "energy": 24.677021, "activity_lines": [ 191.653982, 189.043605, 190.692659, 186.112022 ] }, { "date": "2024-09-27", "close": 189.697113, "volume": 155402, "typical_volume": 325532.9, "trend": 177.299205, "fair_value": 178.198252, "relative_strength": 7.489235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.403898, "energy": 23.147937, "activity_lines": [ 191.480927, 189.19246, 190.492503, 187.014103 ] }, { "date": "2024-10-04", "close": 187.300949, "volume": 190161, "typical_volume": 306220.8, "trend": 178.926723, "fair_value": 177.879055, "relative_strength": 7.317103, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.325658, "energy": 18.42202, "activity_lines": [ 190.216285, 189.072654, 190.068896, 187.659377 ] }, { "date": "2024-10-11", "close": 183.507004, "volume": 115018, "typical_volume": 299701.95, "trend": 180.524216, "fair_value": 177.414206, "relative_strength": 5.338666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.257872, "energy": 5.222118, "activity_lines": [ 187.700305, 188.317498, 189.320093, 187.954879 ] }, { "date": "2024-10-18", "close": 189.497421, "volume": 236507, "typical_volume": 289695.85, "trend": 182.334692, "fair_value": 176.907933, "relative_strength": 8.096664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.595971, "energy": 8.986055, "activity_lines": [ 187.527244, 188.698706, 189.168429, 188.533795 ] }, { "date": "2024-10-25", "close": 184.305725, "volume": 117277, "typical_volume": 277197.4, "trend": 183.888972, "fair_value": 176.435431, "relative_strength": 4.879007, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.837002, "energy": 6.556429, "activity_lines": [ 186.289222, 188.01253, 188.555599, 188.660959 ] }, { "date": "2024-11-01", "close": 180.911133, "volume": 540930, "typical_volume": 279926.95, "trend": 185.310146, "fair_value": 175.711277, "relative_strength": 4.131341, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.428707, "energy": 24.418395, "activity_lines": [ 184.305719, 186.625652, 187.692691, 188.46884 ] }, { "date": "2024-11-08", "close": 178.714645, "volume": 278536, "typical_volume": 274591.85, "trend": 186.751219, "fair_value": 174.960272, "relative_strength": 2.704562, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.63879, "energy": 36.064101, "activity_lines": [ 182.175785, 184.919285, 186.69381, 188.043324 ] }, { "date": "2024-11-15", "close": 175.719421, "volume": 220844, "typical_volume": 268552.7, "trend": 188.245426, "fair_value": 174.21561, "relative_strength": 2.791646, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.326178, "energy": 54.124858, "activity_lines": [ 179.619864, 182.828077, 185.468623, 187.331595 ] }, { "date": "2024-11-22", "close": 176.318481, "volume": 175902, "typical_volume": 263233.5, "trend": 188.768591, "fair_value": 173.576962, "relative_strength": 2.869262, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.733431, "energy": 54.425152, "activity_lines": [ 177.782801, 181.081776, 184.368951, 186.562115 ] }, { "date": "2024-11-29", "close": 175.51976, "volume": 136168, "typical_volume": 250638.25, "trend": 188.582222, "fair_value": 172.914036, "relative_strength": 2.230871, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.591914, "energy": 55.039456, "activity_lines": [ 176.558094, 179.611399, 183.290199, 185.707352 ] }, { "date": "2024-12-06", "close": 178.714645, "volume": 194315, "typical_volume": 255041.0, "trend": 188.18286, "fair_value": 172.134294, "relative_strength": -0.112793, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.897323, "energy": 44.00738, "activity_lines": [ 176.98408, 178.986941, 182.642661, 185.070734 ] }, { "date": "2024-12-13", "close": 185.304123, "volume": 234207, "typical_volume": 253894.7, "trend": 187.86337, "fair_value": 171.281846, "relative_strength": 5.563896, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.352205, "energy": 25.439942, "activity_lines": [ 179.752991, 179.760251, 182.71873, 184.885009 ] }, { "date": "2024-12-20", "close": 192.093277, "volume": 286265, "typical_volume": 255450.25, "trend": 187.963211, "fair_value": 170.396287, "relative_strength": 12.586743, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.282652, "energy": 11.106467, "activity_lines": [ 184.345654, 181.804258, 183.465157, 185.157906 ] }, { "date": "2024-12-27", "close": 192.093277, "volume": 71347, "typical_volume": 243318.75, "trend": 187.816778, "fair_value": 169.264871, "relative_strength": 11.427367, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.594267, "energy": 16.027832, "activity_lines": [ 187.846727, 183.692152, 184.183057, 185.424362 ] }, { "date": "2025-01-03", "close": 196.486267, "volume": 97486, "typical_volume": 239150.25, "trend": 187.710281, "fair_value": 168.401086, "relative_strength": 12.563301, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.517205, "energy": 29.578935, "activity_lines": [ 191.760478, 186.331573, 185.274647, 185.983684 ] }, { "date": "2025-01-10", "close": 192.093277, "volume": 259777, "typical_volume": 240162.75, "trend": 187.570504, "fair_value": 167.754998, "relative_strength": 9.28267, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.759213, "energy": 33.956238, "activity_lines": [ 192.812131, 187.950805, 185.867985, 186.266458 ] }, { "date": "2025-01-17", "close": 200.180374, "volume": 394856, "typical_volume": 247323.8, "trend": 187.873354, "fair_value": 167.221417, "relative_strength": 9.534849, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.876002, "energy": 49.788148, "activity_lines": [ 195.667574, 190.837106, 187.199193, 187.079998 ] }, { "date": "2025-01-24", "close": 207.169205, "volume": 318324, "typical_volume": 223264.5, "trend": 188.442445, "fair_value": 166.860354, "relative_strength": 10.947706, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.544567, "energy": 58.840988, "activity_lines": [ 199.860878, 194.603818, 189.135624, 188.324891 ] }, { "date": "2025-01-31", "close": 205.6716, "volume": 180198, "typical_volume": 224101.65, "trend": 188.741967, "fair_value": 166.400289, "relative_strength": 9.95443, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.096303, "energy": 68.969312, "activity_lines": [ 202.549918, 197.526423, 190.841472, 189.43645 ] }, { "date": "2025-02-07", "close": 209.665222, "volume": 307527, "typical_volume": 225552.35, "trend": 188.991568, "fair_value": 165.94028, "relative_strength": 12.979675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.754747, "energy": 73.153562, "activity_lines": [ 205.664943, 200.641449, 192.898187, 190.786337 ] }, { "date": "2025-02-14", "close": 206.670013, "volume": 420327, "typical_volume": 238798.6, "trend": 189.251154, "fair_value": 165.780366, "relative_strength": 7.771992, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.825406, "energy": 67.070418, "activity_lines": [ 206.902969, 202.591065, 194.57646, 191.926882 ] }, { "date": "2025-02-21", "close": 201.178787, "volume": 330884, "typical_volume": 245834.75, "trend": 189.613909, "fair_value": 165.658689, "relative_strength": 4.197379, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.431274, "energy": 49.462216, "activity_lines": [ 205.338804, 203.033996, 195.650936, 192.696407 ] }, { "date": "2025-02-28", "close": 208.666824, "volume": 355887, "typical_volume": 257878.2, "trend": 190.366042, "fair_value": 165.66803, "relative_strength": 7.50902, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.285656, "energy": 43.768306, "activity_lines": [ 206.20409, 204.549759, 197.372473, 193.925627 ] }, { "date": "2025-03-07", "close": 210.663635, "volume": 288904, "typical_volume": 260498.05, "trend": 191.297888, "fair_value": 165.671013, "relative_strength": 7.732439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.408789, "energy": 42.012017, "activity_lines": [ 207.635139, 206.127241, 199.164374, 195.235149 ] }, { "date": "2025-03-14", "close": 193.69072, "volume": 402400, "typical_volume": 274754.2, "trend": 191.76381, "fair_value": 165.475792, "relative_strength": 0.278677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.235748, "energy": 22.642312, "activity_lines": [ 203.075747, 204.281095, 199.239016, 195.389525 ] }, { "date": "2025-03-21", "close": 202.17717, "volume": 333948, "typical_volume": 264405.1, "trend": 192.326245, "fair_value": 165.517609, "relative_strength": 6.115552, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.085898, "energy": 22.418622, "activity_lines": [ 202.410138, 204.028769, 200.0772, 196.061355 ] }, { "date": "2025-03-28", "close": 193.291367, "volume": 181040, "typical_volume": 259530.3, "trend": 192.51927, "fair_value": 165.457764, "relative_strength": 4.319592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.669777, "energy": 15.366813, "activity_lines": [ 199.082118, 201.977498, 199.967851, 196.123621 ] }, { "date": "2025-04-04", "close": 196.486267, "volume": 305949, "typical_volume": 263785.55, "trend": 192.778855, "fair_value": 165.473318, "relative_strength": 16.939005, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.4339, "energy": 18.75567, "activity_lines": [ 197.344893, 200.632373, 200.093365, 196.379556 ] }, { "date": "2025-04-11", "close": 200.679581, "volume": 373727, "typical_volume": 273676.8, "trend": 192.818792, "fair_value": 165.552152, "relative_strength": 18.87995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.047428, "energy": 11.579637, "activity_lines": [ 197.817476, 200.243904, 200.519352, 196.889281 ] }, { "date": "2025-04-18", "close": 214.657257, "volume": 167084, "typical_volume": 275222.6, "trend": 193.637485, "fair_value": 165.770396, "relative_strength": 21.724736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.804936, "energy": 25.166289, "activity_lines": [ 203.614888, 202.487595, 202.160541, 198.298214 ] }, { "date": "2025-04-25", "close": 210.663635, "volume": 247745, "typical_volume": 277894.1, "trend": 194.336369, "fair_value": 166.074647, "relative_strength": 15.235674, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.933644, "energy": 33.021464, "activity_lines": [ 206.683323, 203.914408, 203.235016, 199.396675 ] }, { "date": "2025-05-02", "close": 241.769531, "volume": 480772, "typical_volume": 290222.35, "trend": 196.151988, "fair_value": 166.614722, "relative_strength": 29.452396, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.700793, "energy": 73.326585, "activity_lines": [ 219.554626, 210.924228, 207.11982, 202.456879 ] }, { "date": "2025-05-09", "close": 240.770477, "volume": 682237, "typical_volume": 310020.95, "trend": 198.060771, "fair_value": 167.080652, "relative_strength": 28.790953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.511674, "energy": 81.97478, "activity_lines": [ 228.861034, 217.014387, 210.640593, 205.335491 ] }, { "date": "2025-05-16", "close": 249.26239, "volume": 773223, "typical_volume": 345114.75, "trend": 200.052936, "fair_value": 167.579928, "relative_strength": 27.608626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.374718, "energy": 88.302696, "activity_lines": [ 238.045799, 224.064828, 214.738323, 208.638822 ] }, { "date": "2025-05-23", "close": 235.275711, "volume": 354136, "typical_volume": 357947.25, "trend": 201.751936, "fair_value": 167.942254, "relative_strength": 22.877647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.405775, "energy": 81.271792, "activity_lines": [ 239.329483, 227.870441, 217.231754, 210.911259 ] }, { "date": "2025-05-30", "close": 238.772385, "volume": 280256, "typical_volume": 358971.2, "trend": 203.680644, "fair_value": 168.44714, "relative_strength": 23.260196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.319663, "energy": 76.420857, "activity_lines": [ 240.404162, 231.555723, 219.873491, 213.299675 ] }, { "date": "2025-06-06", "close": 239.271912, "volume": 376171, "typical_volume": 358036.95, "trend": 205.69922, "fair_value": 169.058118, "relative_strength": 21.703973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.835482, "energy": 58.986669, "activity_lines": [ 239.771433, 234.666459, 222.34052, 215.595886 ] }, { "date": "2025-06-13", "close": 239.271912, "volume": 665906, "typical_volume": 375416.05, "trend": 207.817636, "fair_value": 169.745784, "relative_strength": 24.134482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.634121, "energy": 48.811884, "activity_lines": [ 239.305212, 236.941186, 224.621398, 217.761866 ] }, { "date": "2025-06-20", "close": 232.778107, "volume": 254893, "typical_volume": 379150.8, "trend": 209.699624, "fair_value": 170.320887, "relative_strength": 20.762261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.975244, "energy": 38.809609, "activity_lines": [ 236.774293, 237.2573, 226.13095, 219.372219 ] }, { "date": "2025-06-27", "close": 253.258575, "volume": 952593, "typical_volume": 411404.1, "trend": 212.290917, "fair_value": 171.087987, "relative_strength": 27.450247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.016503, "energy": 50.278715, "activity_lines": [ 242.16915, 240.713526, 229.461943, 222.182474 ] }, { "date": "2025-07-04", "close": 261.250946, "volume": 340806, "typical_volume": 407428.05, "trend": 215.042127, "fair_value": 171.889703, "relative_strength": 30.284949, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 77.84417, "energy": 63.142845, "activity_lines": [ 249.029272, 244.921069, 233.346527, 225.341185 ] }, { "date": "2025-07-11", "close": 259.252869, "volume": 269001, "typical_volume": 404333.9, "trend": 217.507086, "fair_value": 172.671582, "relative_strength": 26.87192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.960821, "energy": 78.570773, "activity_lines": [ 253.724799, 247.845555, 236.780909, 228.193491 ] }, { "date": "2025-07-18", "close": 260.751434, "volume": 495742, "typical_volume": 411326.65, "trend": 219.795691, "fair_value": 173.384462, "relative_strength": 26.762935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.62919, "energy": 85.584099, "activity_lines": [ 257.587783, 250.724629, 240.081468, 230.983449 ] }, { "date": "2025-07-25", "close": 285.228088, "volume": 567245, "typical_volume": 425243.7, "trend": 222.900185, "fair_value": 174.236349, "relative_strength": 34.350078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.962739, "energy": 92.626189, "activity_lines": [ 268.177683, 257.690713, 245.465115, 235.204894 ] }, { "date": "2025-08-01", "close": 268.743805, "volume": 424121, "typical_volume": 426329.75, "trend": 225.308769, "fair_value": 175.000462, "relative_strength": 29.28428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.874999, "energy": 83.035564, "activity_lines": [ 269.776158, 261.005733, 248.923762, 238.162547 ] }, { "date": "2025-08-08", "close": 267.744781, "volume": 659495, "typical_volume": 442607.1, "trend": 227.830486, "fair_value": 175.737081, "relative_strength": 24.536766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.167823, "energy": 69.73519, "activity_lines": [ 270.009275, 263.530602, 251.929867, 240.900354 ] }, { "date": "2025-08-15", "close": 271.241425, "volume": 273085, "typical_volume": 447209.35, "trend": 230.199188, "fair_value": 176.508257, "relative_strength": 23.4479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.307832, "energy": 61.793128, "activity_lines": [ 270.975018, 266.164453, 254.95676, 243.70106 ] }, { "date": "2025-08-22", "close": 272.240479, "volume": 345549, "typical_volume": 449189.35, "trend": 232.36823, "fair_value": 177.41429, "relative_strength": 20.856072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.388646, "energy": 57.015229, "activity_lines": [ 271.474542, 268.398687, 257.70761, 246.413401 ] }, { "date": "2025-08-29", "close": 264.248108, "volume": 410625, "typical_volume": 451034.25, "trend": 234.32078, "fair_value": 178.256309, "relative_strength": 19.373021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.97476, "energy": 44.334769, "activity_lines": [ 268.544007, 268.580333, 259.336547, 248.470168 ] }, { "date": "2025-09-05", "close": 267.744781, "volume": 315119, "typical_volume": 458436.0, "trend": 236.256766, "fair_value": 179.060669, "relative_strength": 20.199409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.527454, "energy": 38.807991, "activity_lines": [ 268.177694, 268.825557, 260.995794, 250.626555 ] }, { "date": "2025-09-12", "close": 263.748566, "volume": 211573, "typical_volume": 456627.4, "trend": 238.159384, "fair_value": 179.91738, "relative_strength": 17.453789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.160628, "energy": 31.774927, "activity_lines": [ 266.545911, 268.080811, 262.021651, 252.400219 ] }, { "date": "2025-09-19", "close": 262.749542, "volume": 359609, "typical_volume": 450569.25, "trend": 240.211743, "fair_value": 180.849487, "relative_strength": 15.850622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.41088, "energy": 24.613414, "activity_lines": [ 264.847534, 267.109012, 262.699577, 253.986681 ] }, { "date": "2025-09-26", "close": 258.253815, "volume": 364833, "typical_volume": 434699.05, "trend": 241.864642, "fair_value": 181.739994, "relative_strength": 13.289585, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.53728, "energy": 19.133274, "activity_lines": [ 262.216707, 265.256233, 262.849435, 255.150686 ] }, { "date": "2025-10-03", "close": 254.757141, "volume": 274989, "typical_volume": 409787.35, "trend": 243.334426, "fair_value": 182.602335, "relative_strength": 7.786345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.683228, "energy": 17.467464, "activity_lines": [ 259.352767, 262.813106, 262.583021, 255.98246 ] }, { "date": "2025-10-10", "close": 260.751434, "volume": 319792, "typical_volume": 408070.15, "trend": 245.569783, "fair_value": 183.450697, "relative_strength": 10.57323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.309988, "energy": 13.650043, "activity_lines": [ 259.119655, 262.013868, 262.861327, 257.106138 ] }, { "date": "2025-10-17", "close": 257.254761, "volume": 171914, "typical_volume": 402653.05, "trend": 247.405703, "fair_value": 184.262586, "relative_strength": 8.803794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.620282, "energy": 12.117731, "activity_lines": [ 258.187209, 260.724187, 262.685304, 257.860007 ] }, { "date": "2025-10-24", "close": 262.749542, "volume": 395124, "typical_volume": 403600.7, "trend": 249.720975, "fair_value": 185.055376, "relative_strength": 7.172936, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.854212, "energy": 10.11659, "activity_lines": [ 259.519277, 260.624284, 262.944582, 258.849932 ] }, { "date": "2025-10-31", "close": 258.753326, "volume": 204349, "typical_volume": 380522.85, "trend": 251.796544, "fair_value": 185.881983, "relative_strength": 5.772482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.303134, "energy": 7.144876, "activity_lines": [ 259.519273, 259.952195, 262.71147, 259.432665 ] }, { "date": "2025-11-07", "close": 234.276672, "volume": 698054, "typical_volume": 402680.9, "trend": 252.916447, "fair_value": 186.370192, "relative_strength": -3.376694, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.084944, "energy": 41.467626, "activity_lines": [ 251.327083, 255.075026, 260.054479, 258.30235 ] }, { "date": "2025-11-14", "close": 238.272858, "volume": 444706, "typical_volume": 377286.55, "trend": 253.703634, "fair_value": 186.933866, "relative_strength": -2.929686, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.455345, "energy": 53.235827, "activity_lines": [ 245.83232, 251.469371, 257.770941, 257.357603 ] }, { "date": "2025-11-21", "close": 225.78476, "volume": 445449, "typical_volume": 382518.7, "trend": 254.207671, "fair_value": 187.351663, "relative_strength": -6.322084, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.742722, "energy": 72.192217, "activity_lines": [ 237.673429, 246.129007, 254.369421, 255.556385 ] }, { "date": "2025-11-28", "close": 235.275711, "volume": 539129, "typical_volume": 396025.1, "trend": 253.99121, "fair_value": 187.975369, "relative_strength": -5.776152, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.321826, "energy": 68.16178, "activity_lines": [ 234.776189, 243.20452, 252.040688, 254.334968 ] }, { "date": "2025-12-05", "close": 226.783813, "volume": 405654, "typical_volume": 391520.7, "trend": 253.524988, "fair_value": 188.479454, "relative_strength": -10.653022, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.752879, "energy": 82.205825, "activity_lines": [ 230.879905, 239.235577, 249.01738, 252.579652 ] }, { "date": "2025-12-12", "close": 219.290955, "volume": 383810, "typical_volume": 382348.95, "trend": 252.52594, "fair_value": 188.965544, "relative_strength": -13.530364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.651899, "energy": 85.776485, "activity_lines": [ 226.617303, 234.476478, 245.442216, 250.371005 ] }, { "date": "2025-12-19", "close": 219.290955, "volume": 336813, "typical_volume": 377983.55, "trend": 251.993115, "fair_value": 189.492535, "relative_strength": -14.138794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.787147, "energy": 81.340878, "activity_lines": [ 223.353748, 230.362218, 242.181039, 248.226812 ] }, { "date": "2025-12-26", "close": 218.791428, "volume": 84904, "typical_volume": 349254.0, "trend": 251.327083, "fair_value": 190.002265, "relative_strength": -14.563176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.407326, "energy": 82.001601, "activity_lines": [ 221.189144, 226.910962, 239.107778, 246.084768 ] }, { "date": "2026-01-02", "close": 211.798096, "volume": 136653, "typical_volume": 342432.4, "trend": 250.411289, "fair_value": 190.376417, "relative_strength": -18.132687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.206754, "energy": 83.802357, "activity_lines": [ 217.159652, 222.887525, 235.601596, 243.534511 ] }, { "date": "2026-01-09", "close": 218.291916, "volume": 331216, "typical_volume": 341715.75, "trend": 249.711956, "fair_value": 190.744905, "relative_strength": -18.224465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.91798, "energy": 68.553002, "activity_lines": [ 216.859941, 220.971172, 232.996937, 241.462293 ] }, { "date": "2026-01-16", "close": 211.298569, "volume": 326680, "typical_volume": 337518.5, "trend": 248.995972, "fair_value": 190.905602, "relative_strength": -22.408361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.429436, "energy": 63.742277, "activity_lines": [ 214.795241, 218.518963, 229.983143, 238.98401 ] }, { "date": "2026-01-23", "close": 204.804764, "volume": 410096, "typical_volume": 342267.35, "trend": 247.380845, "fair_value": 191.051512, "relative_strength": -24.000365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.916544, "energy": 66.005278, "activity_lines": [ 211.098764, 215.303846, 226.603032, 236.132965 ] }, { "date": "2026-01-30", "close": 202.307144, "volume": 313836, "typical_volume": 347380.5, "trend": 245.416051, "fair_value": 191.105363, "relative_strength": -25.084294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.63353, "energy": 64.870571, "activity_lines": [ 207.535494, 212.243128, 223.284766, 233.224984 ] }, { "date": "2026-02-06", "close": 203.306198, "volume": 300876, "typical_volume": 344443.85, "trend": 243.551162, "fair_value": 191.214826, "relative_strength": -26.754009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.04782, "energy": 82.099393, "activity_lines": [ 205.404194, 209.790921, 220.354227, 230.508219 ] }, { "date": "2026-02-13", "close": 208.800949, "volume": 792578, "typical_volume": 365831.1, "trend": 241.819479, "fair_value": 191.293688, "relative_strength": -24.608825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.480486, "energy": 63.266602, "activity_lines": [ 205.670604, 208.919024, 218.230061, 228.26627 ] }, { "date": "2026-02-20", "close": 217.292862, "volume": 387461, "typical_volume": 371454.7, "trend": 239.554972, "fair_value": 191.499839, "relative_strength": -22.947818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.302959, "energy": 50.889008, "activity_lines": [ 209.400383, 209.918072, 217.150138, 226.683907 ] }, { "date": "2026-02-27", "close": 217.292862, "volume": 529895, "typical_volume": 381959.85, "trend": 237.83994, "fair_value": 191.736026, "relative_strength": -23.807577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.477836, "energy": 34.768913, "activity_lines": [ 212.730543, 210.953449, 216.248617, 225.247642 ] }, { "date": "2026-03-06", "close": 208.301437, "volume": 489656, "typical_volume": 397846.95, "trend": 235.858496, "fair_value": 191.940139, "relative_strength": -22.386977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.185872, "energy": 30.333048, "activity_lines": [ 212.231021, 210.39035, 214.697715, 223.341932 ] }, { "date": "2026-03-13", "close": 206.303329, "volume": 305952, "typical_volume": 393388.35, "trend": 233.693892, "fair_value": 192.189599, "relative_strength": -22.561317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.240517, "energy": 30.318643, "activity_lines": [ 210.665843, 209.654687, 213.189628, 221.435147 ] }, { "date": "2026-03-20", "close": 188.820007, "volume": 376380, "typical_volume": 401989.9, "trend": 230.91321, "fair_value": 192.340407, "relative_strength": -25.1339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.131009, "energy": 52.241347, "activity_lines": [ 203.073083, 205.840142, 210.285255, 218.540058 ] }, { "date": "2026-03-27", "close": 185.023621, "volume": 404701, "typical_volume": 387322.25, "trend": 228.272394, "fair_value": 192.452819, "relative_strength": -26.436015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.945164, "energy": 70.911763, "activity_lines": [ 195.546924, 201.871198, 207.352336, 215.579439 ] }, { "date": "2026-04-03", "close": 187.421341, "volume": 463345, "typical_volume": 388254.2, "trend": 225.594946, "fair_value": 192.551204, "relative_strength": -27.680197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.603181, "energy": 77.140248, "activity_lines": [ 190.971287, 198.81593, 204.88231, 212.943888 ] }, { "date": "2026-04-10", "close": 193.615433, "volume": 431519, "typical_volume": 387557.7, "trend": 223.257175, "fair_value": 192.616441, "relative_strength": -28.346832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.964683, "energy": 74.380806, "activity_lines": [ 190.451782, 197.202922, 203.244348, 210.880693 ] }, { "date": "2026-04-17", "close": 203.805725, "volume": 1077933, "typical_volume": 414497.9, "trend": 221.292381, "fair_value": 192.768729, "relative_strength": -25.843172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.344696, "energy": 46.377872, "activity_lines": [ 194.308109, 197.600726, 202.730077, 209.625761 ] }, { "date": "2026-04-24", "close": 196.612579, "volume": 299332, "typical_volume": 409181.8, "trend": 219.237673, "fair_value": 192.947626, "relative_strength": -26.20623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.79657, "energy": 35.928922, "activity_lines": [ 195.933226, 196.681603, 201.680602, 208.033516 ] }, { "date": "2026-05-01", "close": 207.5, "volume": 612885, "typical_volume": 420635.55, "trend": 217.662435, "fair_value": 193.086956, "relative_strength": -20.546741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.97868, "energy": 17.556597, "activity_lines": [ 200.66798, 197.963617, 201.811696, 207.276247 ] }, { "date": "2026-05-08", "close": 203.0, "volume": 417859, "typical_volume": 424687.85, "trend": 215.737387, "fair_value": 193.264589, "relative_strength": -22.036641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.34272, "energy": 18.462245, "activity_lines": [ 202.404308, 198.605502, 201.570367, 206.330283 ] }, { "date": "2026-05-15", "close": 200.5, "volume": 168357, "typical_volume": 428860.5, "trend": 213.845562, "fair_value": 193.433872, "relative_strength": -21.482681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.08004, "energy": 15.837326, "activity_lines": [ 202.268726, 199.052712, 201.168518, 205.347226 ] }, { "date": "2026-05-22", "close": 210.0, "volume": 460448, "typical_volume": 445050.25, "trend": 212.087244, "fair_value": 193.689632, "relative_strength": -20.115632, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.89149, "energy": 12.804893, "activity_lines": [ 204.840839, 201.369038, 201.758533, 205.099125 ] }, { "date": "2026-05-29", "close": 209.0, "volume": 614068, "typical_volume": 459192.85, "trend": 210.428799, "fair_value": 193.92875, "relative_strength": -19.755662, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.726764, "energy": 9.798175, "activity_lines": [ 206.666667, 203.436334, 202.261872, 204.899948 ] }, { "date": "2026-06-05", "close": 208.5, "volume": 35938, "typical_volume": 444655.75, "trend": 209.569577, "fair_value": 194.185128, "relative_strength": -18.864309, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.736446, "energy": 10.770906, "activity_lines": [ 207.5, 205.045813, 202.76184, 204.775509 ] }, { "date": "2026-06-12", "close": 214.0, "volume": 50580, "typical_volume": 426679.95, "trend": 208.760482, "fair_value": 194.475483, "relative_strength": -16.089673, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.585876, "energy": 22.774427, "activity_lines": [ 210.1, 207.228448, 203.798943, 205.061343 ] }, { "date": "2026-06-19", "close": 206.0, "volume": 397387, "typical_volume": 430857.5, "trend": 208.10099, "fair_value": 194.761242, "relative_strength": -20.312864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.196896, "energy": 22.392024, "activity_lines": [ 209.3, 207.473289, 204.030355, 204.883247 ] }, { "date": "2026-06-26", "close": 228.5, "volume": 64843, "typical_volume": 419055.85, "trend": 207.875133, "fair_value": 195.179081, "relative_strength": -10.299388, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.752291, "energy": 48.029029, "activity_lines": [ 215.633333, 211.583865, 206.387039, 206.199313 ] }, { "date": "2026-07-03", "close": 237.5, "volume": 34819, "typical_volume": 381167.9, "trend": 208.232339, "fair_value": 195.670599, "relative_strength": -8.780821, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.352187, "energy": 65.547061, "activity_lines": [ 223.733333, 216.881818, 209.480896, 208.110594 ] }, { "date": "2026-07-10", "close": 230.0, "volume": 294095, "typical_volume": 376499.6, "trend": 208.589307, "fair_value": 196.124274, "relative_strength": -9.093455, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.689446, "energy": 72.248903, "activity_lines": [ 227.433333, 220.072727, 211.723804, 209.51496 ] }, { "date": "2026-07-17", "close": 222.5, "volume": 175634, "typical_volume": 358786.55, "trend": 208.696275, "fair_value": 196.515802, "relative_strength": -10.511103, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.530304, "energy": 71.673705, "activity_lines": [ 227.2, 221.490909, 213.191917, 210.412424 ] }, { "date": "2026-07-24", "close": 218.5, "volume": 243748, "typical_volume": 346491.15, "trend": 208.686561, "fair_value": 196.8932, "relative_strength": -12.69237, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.31906, "energy": 57.90496, "activity_lines": [ 225.066667, 221.827273, 214.254282, 211.044922 ] }, { "date": "2026-07-31", "close": 225.5, "volume": 244884, "typical_volume": 343437.75, "trend": 209.143291, "fair_value": 197.31547, "relative_strength": -10.401187, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.456961, "energy": 38.488034, "activity_lines": [ 224.433333, 223.109091, 215.934748, 212.12966 ] }, { "date": "2026-08-07", "close": 238.0, "volume": 774458, "typical_volume": 363341.65, "trend": 209.800227, "fair_value": 197.840252, "relative_strength": -6.583559, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.319914, "energy": 43.984767, "activity_lines": [ 228.166667, 226.381818, 218.714278, 213.991383 ] } ], "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." } } }