{ "ticker": { "uuid": "0c688019-e679-427d-bc39-87a31577cb9e", "symbol": "VCR", "name": "VANGUARD WORLD FUND VANGUARD CONSUMER DISCRETIONARY ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 87.219, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 58.655, "architecture_energy": 23.215, "architecture_maturity": 27.256, "architecture_confidence": 67.386, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 55.06, "rotation_up": 41.22, "upward_expansion": 65.72, "deceleration": 81.98, "rotation_down": 26.5, "downward_expansion": 12.72 }, "activity_lines": [ 391.685333, 391.335833, 390.994882, 387.742044 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 403.04, "trend_reference": 386.480599, "distance_from_trend": 0.042847, "trend_direction": "Weakening", "fair_value": 342.787488, "distance_from_fair_value": 0.175772, "fair_value_direction": "Weakening", "relative_strength": -7.505515, "relative_strength_direction": "Weakening", "price_momentum": 0.034514, "excess_performance": -0.091111, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042847, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.001255, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.175772, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.019406, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.075055, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.004993, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.034514, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.660364, "read": "Demand-led" } ], "volume": { "latest": 279897, "relative_activity": 0.94801, "balance": 1.660364, "dry_up": 0.953379, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.038576, "annualized_volatility": 0.208039, "from_high_reference": -0.025193, "from_low_reference": 0.163242 }, "levels": { "trend_reference": 386.480599, "fair_value_reference": 342.787488, "structural_low": 346.48, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.013922, "positive_rate": 0.6875, "directional_follow_through": 0.6875, "median_excess_return": -0.007121, "regime_survival": 0.5625, "best_return": 0.08475, "worst_return": -0.133573, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.086487, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.011193, "regime_survival": 0.0, "best_return": 0.216298, "worst_return": -0.130755, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.102047, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.064084, "regime_survival": 0.2, "best_return": 0.220547, "worst_return": -0.107781, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.135383, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.037021, "regime_survival": 0.0, "best_return": 0.310232, "worst_return": 0.023607, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2025-01-10", "tenure": "Established", "return": 0.107808, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.014233, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.140788, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.042961, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.143982, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.02592, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": -0.02674, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.042674, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-19", "tenure": "Developing", "return": 0.023712, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-02-27", "tenure": "Developing", "return": -0.045267, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.031506, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.112344, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.03742, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.028018, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 268.581392, "volume": 314989, "typical_volume": 352832.85, "trend": 255.313595, "fair_value": 267.500507, "relative_strength": 1.188959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.861648, "energy": 44.03215, "activity_lines": [ 277.382585, 278.508585, 270.731011, 263.431201 ] }, { "date": "2023-08-25", "close": 270.14547, "volume": 386138, "typical_volume": 357348.3, "trend": 256.161347, "fair_value": 267.750641, "relative_strength": 1.062413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.449117, "energy": 30.04432, "activity_lines": [ 274.313084, 277.16396, 271.459723, 264.388096 ] }, { "date": "2023-09-01", "close": 279.813422, "volume": 265515, "typical_volume": 358534.3, "trend": 257.127071, "fair_value": 268.104903, "relative_strength": 2.148149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.174148, "energy": 27.889727, "activity_lines": [ 275.18636, 277.584434, 272.96141, 265.914037 ] }, { "date": "2023-09-08", "close": 277.183817, "volume": 263557, "typical_volume": 357442.25, "trend": 258.24089, "fair_value": 268.469667, "relative_strength": 2.587138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.79934, "energy": 23.738846, "activity_lines": [ 275.495917, 277.335071, 274.035842, 267.20802 ] }, { "date": "2023-09-15", "close": 280.644338, "volume": 277906, "typical_volume": 357684.3, "trend": 259.307273, "fair_value": 268.857165, "relative_strength": 4.097359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.936708, "energy": 33.417856, "activity_lines": [ 277.351304, 277.708672, 275.282337, 268.653404 ] }, { "date": "2023-09-22", "close": 263.928263, "volume": 257937, "typical_volume": 353808.5, "trend": 260.165372, "fair_value": 269.141983, "relative_strength": 0.941238, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.799534, "energy": 16.944418, "activity_lines": [ 273.569495, 274.96105, 274.764925, 268.951532 ] }, { "date": "2023-09-29", "close": 264.030586, "volume": 311234, "typical_volume": 358968.35, "trend": 260.891336, "fair_value": 269.379827, "relative_strength": 1.77446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.499949, "energy": 9.817467, "activity_lines": [ 270.132003, 272.630517, 274.15957, 269.200901 ] }, { "date": "2023-10-06", "close": 261.540934, "volume": 336183, "typical_volume": 362541.1, "trend": 261.985376, "fair_value": 269.543293, "relative_strength": 0.420777, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.448367, "energy": 18.282276, "activity_lines": [ 266.272286, 270.154898, 273.222275, 269.242811 ] }, { "date": "2023-10-13", "close": 259.306128, "volume": 240737, "typical_volume": 362756.05, "trend": 262.877482, "fair_value": 269.693046, "relative_strength": -0.822594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.864665, "energy": 28.830294, "activity_lines": [ 262.8858, 267.690491, 272.012118, 269.069956 ] }, { "date": "2023-10-20", "close": 249.435734, "volume": 223269, "typical_volume": 361694.8, "trend": 263.410259, "fair_value": 269.78486, "relative_strength": -2.160859, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.52747, "energy": 60.585705, "activity_lines": [ 257.401028, 263.863513, 269.810078, 268.202746 ] }, { "date": "2023-10-27", "close": 245.730661, "volume": 1571534, "typical_volume": 427948.85, "trend": 263.387974, "fair_value": 269.95554, "relative_strength": -1.10071, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.198342, "energy": 66.390876, "activity_lines": [ 252.761805, 259.91254, 267.289312, 267.062127 ] }, { "date": "2023-11-03", "close": 264.481468, "volume": 346866, "typical_volume": 423896.2, "trend": 264.233651, "fair_value": 270.136139, "relative_strength": 0.54738, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.503418, "energy": 49.65979, "activity_lines": [ 255.586025, 259.786274, 266.634364, 267.132675 ] }, { "date": "2023-11-10", "close": 264.951954, "volume": 248456, "typical_volume": 427497.55, "trend": 264.975982, "fair_value": 270.325761, "relative_strength": -0.614162, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.8383, "energy": 29.373252, "activity_lines": [ 258.537015, 259.848532, 266.053105, 267.179017 ] }, { "date": "2023-11-17", "close": 275.665301, "volume": 348780, "typical_volume": 430444.55, "trend": 266.027943, "fair_value": 270.54501, "relative_strength": 1.007435, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 7.509046, "energy": 8.443791, "activity_lines": [ 264.831719, 262.128879, 266.512719, 267.868651 ] }, { "date": "2023-11-24", "close": 278.017729, "volume": 243291, "typical_volume": 424896.25, "trend": 267.143684, "fair_value": 270.706391, "relative_strength": 0.796575, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.189943, "energy": 26.648423, "activity_lines": [ 270.819954, 264.864551, 267.201975, 268.642185 ] }, { "date": "2023-12-01", "close": 283.928203, "volume": 773902, "typical_volume": 428358.6, "trend": 268.494165, "fair_value": 270.898855, "relative_strength": 2.01372, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.049986, "energy": 40.008564, "activity_lines": [ 276.872881, 268.72261, 268.445182, 269.725058 ] }, { "date": "2023-12-08", "close": 286.93735, "volume": 228660, "typical_volume": 395930.65, "trend": 269.921536, "fair_value": 271.124401, "relative_strength": 2.7325, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.505228, "energy": 63.884258, "activity_lines": [ 281.382354, 272.764152, 269.984102, 270.91494 ] }, { "date": "2023-12-15", "close": 297.768318, "volume": 281038, "typical_volume": 392749.95, "trend": 271.549283, "fair_value": 271.362429, "relative_strength": 3.94052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.47154, "energy": 79.632558, "activity_lines": [ 288.005091, 278.358474, 272.526019, 272.711507 ] }, { "date": "2023-12-22", "close": 299.934477, "volume": 409778, "typical_volume": 384539.65, "trend": 273.266471, "fair_value": 271.615016, "relative_strength": 3.522754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.767958, "energy": 87.83599, "activity_lines": [ 293.162123, 283.687964, 275.211081, 274.54281 ] }, { "date": "2023-12-29", "close": 299.080102, "volume": 190183, "typical_volume": 375997.65, "trend": 274.682325, "fair_value": 271.84533, "relative_strength": 2.662196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.02447, "energy": 87.203243, "activity_lines": [ 296.416418, 288.123415, 277.73446, 276.208205 ] }, { "date": "2024-01-05", "close": 288.110722, "volume": 336557, "typical_volume": 377076.05, "trend": 275.534803, "fair_value": 271.929193, "relative_strength": 0.319254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.417803, "energy": 78.287946, "activity_lines": [ 294.610096, 289.661809, 279.120693, 277.074554 ] }, { "date": "2024-01-12", "close": 291.05684, "volume": 307725, "typical_volume": 373155.4, "trend": 276.218482, "fair_value": 272.042546, "relative_strength": -0.58033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.3539, "energy": 60.977204, "activity_lines": [ 293.506978, 290.965314, 280.694511, 278.075975 ] }, { "date": "2024-01-19", "close": 292.814691, "volume": 252019, "typical_volume": 372480.6, "trend": 277.00336, "fair_value": 272.118372, "relative_strength": -1.221635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.459531, "energy": 48.863835, "activity_lines": [ 292.715177, 292.10524, 282.336165, 279.146698 ] }, { "date": "2024-01-26", "close": 289.652524, "volume": 490132, "typical_volume": 383809.35, "trend": 277.430388, "fair_value": 272.238539, "relative_strength": -3.231642, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.791368, "energy": 35.274941, "activity_lines": [ 291.199563, 292.163631, 283.614751, 279.962774 ] }, { "date": "2024-02-02", "close": 297.882014, "volume": 1152382, "typical_volume": 427533.15, "trend": 278.155194, "fair_value": 272.320059, "relative_strength": -1.833089, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.94169, "energy": 44.993633, "activity_lines": [ 293.112576, 293.463979, 285.617722, 281.282233 ] }, { "date": "2024-02-09", "close": 302.536881, "volume": 235862, "typical_volume": 426429.4, "trend": 278.711593, "fair_value": 272.436691, "relative_strength": -1.652665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.563456, "energy": 54.905295, "activity_lines": [ 296.657084, 295.249499, 287.981929, 282.855245 ] }, { "date": "2024-02-16", "close": 301.839633, "volume": 203577, "typical_volume": 421046.55, "trend": 279.408002, "fair_value": 272.557434, "relative_strength": -1.499124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.650337, "energy": 68.073171, "activity_lines": [ 299.007431, 296.569906, 290.095882, 284.347377 ] }, { "date": "2024-02-23", "close": 304.854494, "volume": 149017, "typical_volume": 411688.25, "trend": 280.086296, "fair_value": 272.77364, "relative_strength": -2.118904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.7677, "energy": 76.275233, "activity_lines": [ 301.64388, 298.16752, 292.316921, 285.989086 ] }, { "date": "2024-03-01", "close": 311.689488, "volume": 255960, "typical_volume": 412449.4, "trend": 281.040324, "fair_value": 273.067313, "relative_strength": -0.897657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.998303, "energy": 84.402462, "activity_lines": [ 305.756006, 300.87902, 294.982657, 288.028002 ] }, { "date": "2024-03-08", "close": 304.589343, "volume": 237404, "typical_volume": 413156.15, "trend": 281.871076, "fair_value": 273.207644, "relative_strength": -2.921449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.993623, "energy": 69.332077, "activity_lines": [ 306.032286, 302.085857, 296.722744, 289.547293 ] }, { "date": "2024-03-15", "close": 301.142385, "volume": 191195, "typical_volume": 344139.2, "trend": 282.956442, "fair_value": 273.333359, "relative_strength": -3.921749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.430229, "energy": 54.272467, "activity_lines": [ 304.712425, 302.565806, 297.871913, 290.790604 ] }, { "date": "2024-03-22", "close": 310.018548, "volume": 161316, "typical_volume": 334861.7, "trend": 284.285545, "fair_value": 273.525722, "relative_strength": -3.238273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.130916, "energy": 55.703173, "activity_lines": [ 306.444252, 304.422664, 299.602566, 292.536546 ] }, { "date": "2024-03-29", "close": 312.655748, "volume": 127449, "typical_volume": 328811.35, "trend": 285.380289, "fair_value": 273.701507, "relative_strength": -2.722894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.67034, "energy": 54.192142, "activity_lines": [ 308.509884, 306.414255, 301.367537, 294.366882 ] }, { "date": "2024-04-05", "close": 304.340697, "volume": 209665, "typical_volume": 321855.6, "trend": 286.285518, "fair_value": 273.757639, "relative_strength": -4.445074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.836197, "energy": 44.938269, "activity_lines": [ 307.283749, 306.533271, 302.113438, 295.590134 ] }, { "date": "2024-04-12", "close": 299.932244, "volume": 213188, "typical_volume": 320350.45, "trend": 286.928449, "fair_value": 273.749331, "relative_strength": -4.402506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.446263, "energy": 35.068634, "activity_lines": [ 305.078049, 305.583693, 302.302936, 296.470568 ] }, { "date": "2024-04-19", "close": 287.366185, "volume": 539300, "typical_volume": 308620.35, "trend": 287.709713, "fair_value": 273.67617, "relative_strength": -5.444791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.851676, "energy": 12.232144, "activity_lines": [ 298.994136, 302.312101, 301.191312, 296.498809 ] }, { "date": "2024-04-26", "close": 297.600094, "volume": 193006, "typical_volume": 306837.65, "trend": 288.828696, "fair_value": 273.658064, "relative_strength": -4.568445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.715354, "energy": 21.949837, "activity_lines": [ 297.239939, 301.177049, 301.037975, 297.136898 ] }, { "date": "2024-05-03", "close": 301.851102, "volume": 226618, "typical_volume": 304116.65, "trend": 290.172369, "fair_value": 273.676712, "relative_strength": -3.754371, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.552184, "energy": 18.415713, "activity_lines": [ 297.730642, 300.891991, 301.238721, 297.977053 ] }, { "date": "2024-05-10", "close": 303.819161, "volume": 146223, "typical_volume": 290938.9, "trend": 291.656136, "fair_value": 273.774696, "relative_strength": -4.848148, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.955199, "energy": 16.819771, "activity_lines": [ 299.597674, 301.019369, 301.607459, 298.857491 ] }, { "date": "2024-05-17", "close": 304.409579, "volume": 239445, "typical_volume": 293402.0, "trend": 293.488598, "fair_value": 273.90265, "relative_strength": -6.13009, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.761982, "energy": 21.035682, "activity_lines": [ 301.696281, 301.397192, 302.013929, 299.680294 ] }, { "date": "2024-05-24", "close": 298.446359, "volume": 188375, "typical_volume": 285992.9, "trend": 295.245788, "fair_value": 273.945037, "relative_strength": -7.862031, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.497317, "energy": 17.539716, "activity_lines": [ 301.508659, 300.694062, 301.827095, 300.000149 ] }, { "date": "2024-05-31", "close": 299.646876, "volume": 114037, "typical_volume": 276308.5, "trend": 296.417968, "fair_value": 274.012167, "relative_strength": -7.010791, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.083745, "energy": 15.88259, "activity_lines": [ 300.982532, 300.258226, 301.705378, 300.284091 ] }, { "date": "2024-06-07", "close": 301.270525, "volume": 441469, "typical_volume": 285781.0, "trend": 297.628587, "fair_value": 274.062171, "relative_strength": -7.508109, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.152665, "energy": 13.394519, "activity_lines": [ 300.861168, 300.306175, 301.69739, 300.597159 ] }, { "date": "2024-06-14", "close": 301.103239, "volume": 180388, "typical_volume": 270293.8, "trend": 298.476518, "fair_value": 274.13508, "relative_strength": -8.859008, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.284904, "energy": 10.928306, "activity_lines": [ 300.722748, 300.530713, 301.633204, 300.82133 ] }, { "date": "2024-06-21", "close": 307.243585, "volume": 165965, "typical_volume": 220972.95, "trend": 299.450714, "fair_value": 274.18451, "relative_strength": -7.401757, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.533078, "energy": 20.258321, "activity_lines": [ 302.812171, 301.93054, 302.099285, 301.386947 ] }, { "date": "2024-06-28", "close": 307.998729, "volume": 356599, "typical_volume": 227009.8, "trend": 300.253064, "fair_value": 274.207404, "relative_strength": -6.926825, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.511994, "energy": 37.913155, "activity_lines": [ 304.964375, 303.334733, 302.592706, 301.938432 ] }, { "date": "2024-07-05", "close": 315.60181, "volume": 175166, "typical_volume": 225589.25, "trend": 301.208546, "fair_value": 274.264362, "relative_strength": -6.214871, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.612836, "energy": 62.73433, "activity_lines": [ 309.014115, 305.746166, 303.784221, 302.928674 ] }, { "date": "2024-07-12", "close": 321.617217, "volume": 400794, "typical_volume": 238178.1, "trend": 302.00351, "fair_value": 274.421035, "relative_strength": -5.127341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.893753, "energy": 78.262082, "activity_lines": [ 314.005328, 308.924006, 305.483098, 304.245362 ] }, { "date": "2024-07-19", "close": 315.039714, "volume": 241922, "typical_volume": 237476.2, "trend": 302.507018, "fair_value": 274.472609, "relative_strength": -5.035998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.529689, "energy": 73.144881, "activity_lines": [ 315.447594, 310.546553, 306.475724, 305.086408 ] }, { "date": "2024-07-26", "close": 310.030162, "volume": 212353, "typical_volume": 236223.65, "trend": 302.87202, "fair_value": 274.52541, "relative_strength": -5.57883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.801645, "energy": 67.042743, "activity_lines": [ 314.290911, 311.054262, 306.975296, 305.571772 ] }, { "date": "2024-08-02", "close": 298.117682, "volume": 614068, "typical_volume": 257367.3, "trend": 303.205585, "fair_value": 274.492149, "relative_strength": -6.994497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.367925, "energy": 18.351952, "activity_lines": [ 308.97763, 309.293873, 306.314437, 305.26504 ] }, { "date": "2024-08-09", "close": 295.839717, "volume": 356886, "typical_volume": 267145.8, "trend": 303.365014, "fair_value": 274.433847, "relative_strength": -7.480215, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.914433, "energy": 13.938608, "activity_lines": [ 303.563763, 307.125284, 305.451033, 304.789823 ] }, { "date": "2024-08-16", "close": 310.030162, "volume": 194708, "typical_volume": 270508.75, "trend": 303.938863, "fair_value": 274.514709, "relative_strength": -6.577948, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.179511, "energy": 21.944705, "activity_lines": [ 304.197517, 307.605998, 306.006618, 305.219832 ] }, { "date": "2024-08-23", "close": 318.027695, "volume": 196447, "typical_volume": 269847.85, "trend": 304.884702, "fair_value": 274.594463, "relative_strength": -5.328187, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.940692, "energy": 22.914402, "activity_lines": [ 308.269587, 309.381542, 307.336375, 306.128789 ] }, { "date": "2024-08-30", "close": 316.085015, "volume": 118794, "typical_volume": 265128.15, "trend": 305.491469, "fair_value": 274.652982, "relative_strength": -5.959028, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.143468, "energy": 27.37608, "activity_lines": [ 311.494897, 310.496154, 308.415939, 306.85139 ] }, { "date": "2024-09-06", "close": 306.756202, "volume": 119013, "typical_volume": 244113.8, "trend": 305.632113, "fair_value": 274.664965, "relative_strength": -4.60132, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.316399, "energy": 28.800409, "activity_lines": [ 311.206946, 309.753865, 308.530127, 306.932986 ] }, { "date": "2024-09-13", "close": 324.02338, "volume": 161437, "typical_volume": 242535.35, "trend": 306.371571, "fair_value": 274.774494, "relative_strength": -2.91539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.727656, "energy": 53.955899, "activity_lines": [ 316.09882, 312.173655, 310.196474, 308.119519 ] }, { "date": "2024-09-20", "close": 331.577154, "volume": 203817, "typical_volume": 241395.3, "trend": 307.262327, "fair_value": 274.920902, "relative_strength": -1.923649, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.266444, "energy": 66.582609, "activity_lines": [ 321.629708, 315.813738, 312.456404, 309.745686 ] }, { "date": "2024-09-27", "close": 337.439416, "volume": 168367, "typical_volume": 242502.5, "trend": 308.120657, "fair_value": 275.156792, "relative_strength": -0.637901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.465074, "energy": 74.973519, "activity_lines": [ 327.678217, 320.338598, 315.133091, 311.692595 ] }, { "date": "2024-10-04", "close": 332.753855, "volume": 372936, "typical_volume": 249177.05, "trend": 309.059475, "fair_value": 275.354871, "relative_strength": -2.160577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.316402, "energy": 75.07136, "activity_lines": [ 330.870758, 323.60427, 317.203438, 313.281833 ] }, { "date": "2024-10-11", "close": 330.085755, "volume": 144290, "typical_volume": 246972.8, "trend": 310.024254, "fair_value": 275.476982, "relative_strength": -3.927147, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.283317, "energy": 71.439665, "activity_lines": [ 332.062675, 325.971675, 318.884708, 314.638368 ] }, { "date": "2024-10-18", "close": 335.017554, "volume": 217700, "typical_volume": 252155.95, "trend": 310.857554, "fair_value": 275.598067, "relative_strength": -3.242113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.069074, "energy": 69.676994, "activity_lines": [ 333.343223, 328.654533, 320.885009, 316.250839 ] }, { "date": "2024-10-25", "close": 335.264683, "volume": 261877, "typical_volume": 243176.35, "trend": 311.611185, "fair_value": 275.656625, "relative_strength": -2.155398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.830713, "energy": 53.155317, "activity_lines": [ 333.973201, 330.669999, 322.740414, 317.825492 ] }, { "date": "2024-11-01", "close": 334.651804, "volume": 183143, "typical_volume": 243314.1, "trend": 312.621555, "fair_value": 275.608272, "relative_strength": -0.867276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.060705, "energy": 48.831303, "activity_lines": [ 334.153052, 332.115223, 324.375573, 319.311984 ] }, { "date": "2024-11-08", "close": 359.829276, "volume": 243290, "typical_volume": 247180.35, "trend": 314.618123, "fair_value": 275.780856, "relative_strength": 1.779457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.514599, "energy": 79.352483, "activity_lines": [ 342.911234, 337.835913, 328.248831, 322.357643 ] }, { "date": "2024-11-15", "close": 355.173371, "volume": 344650, "typical_volume": 246582.9, "trend": 316.878362, "fair_value": 275.86325, "relative_strength": 2.641033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.604644, "energy": 84.363209, "activity_lines": [ 348.312419, 341.914725, 331.428262, 324.974111 ] }, { "date": "2024-11-22", "close": 364.267708, "volume": 186263, "typical_volume": 247137.75, "trend": 319.100616, "fair_value": 276.08076, "relative_strength": 3.568228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.316601, "energy": 92.085657, "activity_lines": [ 355.072543, 346.76674, 335.249178, 328.031488 ] }, { "date": "2024-11-29", "close": 371.849616, "volume": 144312, "typical_volume": 234313.65, "trend": 321.4339, "fair_value": 276.408453, "relative_strength": 4.521692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.492396, "energy": 94.152697, "activity_lines": [ 362.409959, 352.265569, 339.560439, 331.434649 ] }, { "date": "2024-12-06", "close": 387.309988, "volume": 254322, "typical_volume": 234933.65, "trend": 324.216928, "fair_value": 276.78521, "relative_strength": 7.906752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.178666, "energy": 96.275779, "activity_lines": [ 372.461836, 359.843148, 345.104915, 335.684719 ] }, { "date": "2024-12-13", "close": 390.433695, "volume": 200917, "typical_volume": 234361.85, "trend": 327.084398, "fair_value": 277.27181, "relative_strength": 9.404725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.599049, "energy": 95.558771, "activity_lines": [ 380.044404, 367.081936, 350.602742, 339.956769 ] }, { "date": "2024-12-20", "close": 379.533428, "volume": 466395, "typical_volume": 226978.2, "trend": 329.7873, "fair_value": 277.614405, "relative_strength": 8.337297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.235184, "energy": 87.070712, "activity_lines": [ 381.953255, 371.290133, 354.679575, 343.340577 ] }, { "date": "2024-12-27", "close": 380.652382, "volume": 156807, "typical_volume": 216974.25, "trend": 332.487484, "fair_value": 277.948284, "relative_strength": 7.94325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.601368, "energy": 74.802334, "activity_lines": [ 382.611087, 374.802727, 358.47528, 346.622195 ] }, { "date": "2025-01-03", "close": 376.06764, "volume": 214777, "typical_volume": 217977.7, "trend": 334.980721, "fair_value": 278.314972, "relative_strength": 7.153783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.00788, "energy": 63.826519, "activity_lines": [ 380.648359, 376.652008, 361.430474, 349.433818 ] }, { "date": "2025-01-10", "close": 367.323954, "volume": 194914, "typical_volume": 217901.05, "trend": 337.188078, "fair_value": 278.660357, "relative_strength": 6.678959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.573623, "energy": 47.256385, "activity_lines": [ 375.489868, 376.169656, 363.238471, 351.520478 ] }, { "date": "2025-01-17", "close": 381.246517, "volume": 440165, "typical_volume": 233969.6, "trend": 339.654843, "fair_value": 279.260377, "relative_strength": 7.474861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.380913, "energy": 43.564509, "activity_lines": [ 376.304634, 377.62464, 366.137683, 354.362958 ] }, { "date": "2025-01-24", "close": 383.623057, "volume": 193393, "typical_volume": 237688.6, "trend": 342.175654, "fair_value": 279.88812, "relative_strength": 6.196528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.842251, "energy": 43.522096, "activity_lines": [ 378.524058, 379.122317, 368.952939, 357.199617 ] }, { "date": "2025-01-31", "close": 386.67295, "volume": 193395, "typical_volume": 239286.5, "trend": 344.544692, "fair_value": 280.472535, "relative_strength": 8.022053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.559045, "energy": 48.567938, "activity_lines": [ 381.487472, 380.657254, 371.692628, 360.070411 ] }, { "date": "2025-02-07", "close": 374.602108, "volume": 324979, "typical_volume": 245344.6, "trend": 346.310855, "fair_value": 281.006345, "relative_strength": 4.791561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.389468, "energy": 46.395512, "activity_lines": [ 380.0259, 379.590124, 372.984382, 362.009599 ] }, { "date": "2025-02-14", "close": 377.929263, "volume": 402641, "typical_volume": 257058.3, "trend": 348.407173, "fair_value": 281.574837, "relative_strength": 4.14743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.433597, "energy": 42.279554, "activity_lines": [ 379.771082, 379.077886, 374.388128, 364.049496 ] }, { "date": "2025-02-21", "close": 362.353025, "volume": 340108, "typical_volume": 255416.9, "trend": 350.151268, "fair_value": 282.074456, "relative_strength": 1.492601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.779802, "energy": 21.197394, "activity_lines": [ 373.617164, 375.904163, 374.115613, 364.949229 ] }, { "date": "2025-02-28", "close": 355.144187, "volume": 504341, "typical_volume": 273419.45, "trend": 352.052152, "fair_value": 282.582459, "relative_strength": 0.495704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -1.906394, "energy": 14.362092, "activity_lines": [ 366.319866, 371.930301, 373.015594, 365.271352 ] }, { "date": "2025-03-07", "close": 335.290176, "volume": 672651, "typical_volume": 296167.0, "trend": 353.367167, "fair_value": 283.013766, "relative_strength": -2.048771, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -23.417589, "energy": 33.981564, "activity_lines": [ 354.303156, 364.790058, 369.90539, 364.189935 ] }, { "date": "2025-03-14", "close": 321.862725, "volume": 623236, "typical_volume": 314234.95, "trend": 353.761586, "fair_value": 283.200847, "relative_strength": -3.704856, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -49.705087, "energy": 63.303626, "activity_lines": [ 341.236147, 356.033229, 365.515084, 362.15739 ] }, { "date": "2025-03-21", "close": 323.724348, "volume": 217527, "typical_volume": 315954.15, "trend": 353.951474, "fair_value": 283.396816, "relative_strength": -3.550221, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.573833, "energy": 74.759079, "activity_lines": [ 332.305638, 348.60042, 361.365894, 360.219504 ] }, { "date": "2025-03-28", "close": 323.671505, "volume": 454053, "typical_volume": 326492.3, "trend": 354.204357, "fair_value": 283.579505, "relative_strength": -2.049811, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.712568, "energy": 77.267057, "activity_lines": [ 326.971175, 341.950724, 357.263707, 358.265957 ] }, { "date": "2025-04-04", "close": 298.46298, "volume": 685137, "typical_volume": 343516.65, "trend": 353.927917, "fair_value": 283.661097, "relative_strength": -0.660546, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.662776, "energy": 84.157914, "activity_lines": [ 315.812639, 331.764477, 350.932887, 354.669739 ] }, { "date": "2025-04-11", "close": 309.816741, "volume": 1617029, "typical_volume": 415054.95, "trend": 353.454362, "fair_value": 283.8203, "relative_strength": -2.371379, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.157149, "energy": 81.95662, "activity_lines": [ 312.217437, 325.190916, 345.953428, 351.823857 ] }, { "date": "2025-04-18", "close": 303.842122, "volume": 367478, "typical_volume": 426213.25, "trend": 352.529861, "fair_value": 283.976562, "relative_strength": -2.851425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.760257, "energy": 75.761997, "activity_lines": [ 308.328925, 318.928446, 340.664248, 348.623067 ] }, { "date": "2025-04-25", "close": 323.463088, "volume": 390178, "typical_volume": 433006.05, "trend": 352.063983, "fair_value": 284.377178, "relative_strength": -1.111161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.955433, "energy": 56.472335, "activity_lines": [ 312.182108, 317.51997, 337.567576, 346.747792 ] }, { "date": "2025-05-02", "close": 330.489716, "volume": 267587, "typical_volume": 436339.55, "trend": 351.988512, "fair_value": 284.874788, "relative_strength": -1.789841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.182844, "energy": 40.528301, "activity_lines": [ 318.394917, 318.379357, 335.44414, 345.355903 ] }, { "date": "2025-05-09", "close": 333.993106, "volume": 250068, "typical_volume": 425523.2, "trend": 352.118757, "fair_value": 285.450276, "relative_strength": -0.326696, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.48201, "energy": 29.051439, "activity_lines": [ 325.320976, 320.455056, 333.939808, 344.194909 ] }, { "date": "2025-05-16", "close": 359.400123, "volume": 543916, "typical_volume": 444878.65, "trend": 352.931509, "fair_value": 286.302626, "relative_strength": 1.791161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.517221, "energy": 21.238007, "activity_lines": [ 338.347366, 327.534779, 335.07205, 344.664675 ] }, { "date": "2025-05-23", "close": 347.58983, "volume": 184524, "typical_volume": 443366.0, "trend": 353.342348, "fair_value": 286.948491, "relative_strength": 0.915544, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.278838, "energy": 23.828492, "activity_lines": [ 344.131432, 332.028812, 335.180704, 344.320051 ] }, { "date": "2025-05-30", "close": 353.15754, "volume": 177672, "typical_volume": 442503.9, "trend": 353.959205, "fair_value": 287.632462, "relative_strength": 0.666247, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.124732, "energy": 19.962132, "activity_lines": [ 348.854888, 337.067391, 335.955224, 344.308127 ] }, { "date": "2025-06-06", "close": 350.805406, "volume": 243821, "typical_volume": 432686.7, "trend": 353.65841, "fair_value": 288.39399, "relative_strength": -1.676552, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.817274, "energy": 22.183075, "activity_lines": [ 350.814669, 341.14316, 336.573191, 344.104656 ] }, { "date": "2025-06-13", "close": 349.535055, "volume": 681864, "typical_volume": 457110.25, "trend": 353.470466, "fair_value": 289.235983, "relative_strength": -1.756628, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.556921, "energy": 18.056087, "activity_lines": [ 350.99662, 344.494613, 337.21513, 343.838634 ] }, { "date": "2025-06-20", "close": 348.870105, "volume": 201474, "typical_volume": 457514.2, "trend": 352.957213, "fair_value": 289.960413, "relative_strength": -1.835612, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.413289, "energy": 17.629998, "activity_lines": [ 349.920792, 346.796583, 337.956064, 343.541836 ] }, { "date": "2025-06-27", "close": 362.311486, "volume": 236672, "typical_volume": 453098.85, "trend": 352.639275, "fair_value": 290.845827, "relative_strength": -1.525177, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.531409, "energy": 29.662596, "activity_lines": [ 354.027424, 350.832378, 340.157142, 344.145338 ] }, { "date": "2025-07-04", "close": 367.422728, "volume": 283884, "typical_volume": 447161.0, "trend": 351.976366, "fair_value": 291.699483, "relative_strength": -1.837762, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.558009, "energy": 40.304608, "activity_lines": [ 358.856361, 354.734411, 342.903533, 345.099109 ] }, { "date": "2025-07-11", "close": 367.203959, "volume": 168426, "typical_volume": 438576.9, "trend": 351.202042, "fair_value": 292.566751, "relative_strength": -1.648901, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.500821, "energy": 50.966574, "activity_lines": [ 362.661362, 357.797402, 345.67912, 346.081534 ] }, { "date": "2025-07-18", "close": 368.218252, "volume": 169652, "typical_volume": 421842.45, "trend": 350.824869, "fair_value": 293.339457, "relative_strength": -2.017619, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.662989, "energy": 61.629032, "activity_lines": [ 365.711224, 360.377278, 348.528206, 347.179354 ] }, { "date": "2025-07-25", "close": 372.911844, "volume": 211564, "typical_volume": 398788.1, "trend": 350.566851, "fair_value": 294.062839, "relative_strength": -2.279077, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.380214, "energy": 69.211404, "activity_lines": [ 369.08007, 363.188259, 351.762044, 348.60432 ] }, { "date": "2025-08-01", "close": 357.598006, "volume": 167136, "typical_volume": 375983.1, "trend": 349.951197, "fair_value": 294.664853, "relative_strength": -4.001033, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.159539, "energy": 52.712924, "activity_lines": [ 365.741521, 362.969239, 353.35827, 349.057943 ] }, { "date": "2025-08-08", "close": 369.07344, "volume": 202125, "typical_volume": 375213.0, "trend": 350.009513, "fair_value": 295.279317, "relative_strength": -3.37796, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.774339, "energy": 53.222738, "activity_lines": [ 366.542348, 364.654693, 355.877226, 350.291636 ] }, { "date": "2025-08-15", "close": 379.156708, "volume": 205358, "typical_volume": 362778.25, "trend": 349.939853, "fair_value": 295.990431, "relative_strength": -1.776408, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.440396, "energy": 66.479402, "activity_lines": [ 370.594217, 367.88409, 359.140546, 352.1721 ] }, { "date": "2025-08-22", "close": 385.908718, "volume": 188298, "typical_volume": 337936.3, "trend": 350.016041, "fair_value": 296.825292, "relative_strength": -0.397527, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.510176, "energy": 69.510539, "activity_lines": [ 376.099907, 371.825646, 362.782699, 354.492672 ] }, { "date": "2025-08-29", "close": 383.701139, "volume": 172535, "typical_volume": 265711.6, "trend": 349.916981, "fair_value": 297.695759, "relative_strength": -1.013367, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.316656, "energy": 82.982243, "activity_lines": [ 379.690372, 374.704485, 365.798198, 356.665905 ] }, { "date": "2025-09-05", "close": 390.005667, "volume": 141743, "typical_volume": 254424.85, "trend": 350.430433, "fair_value": 298.512773, "relative_strength": 0.183421, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.452812, "energy": 87.967319, "activity_lines": [ 384.66306, 378.09631, 369.062298, 359.252271 ] }, { "date": "2025-09-12", "close": 393.476141, "volume": 166751, "typical_volume": 243253.5, "trend": 350.948662, "fair_value": 299.423255, "relative_strength": -0.535827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.236391, "energy": 88.486885, "activity_lines": [ 388.632062, 381.6156, 372.246616, 362.029414 ] }, { "date": "2025-09-19", "close": 398.060348, "volume": 174866, "typical_volume": 238617.45, "trend": 352.138906, "fair_value": 300.479386, "relative_strength": -0.633962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.426304, "energy": 86.718985, "activity_lines": [ 392.502287, 385.494684, 375.53413, 365.068877 ] }, { "date": "2025-09-26", "close": 395.720876, "volume": 258987, "typical_volume": 239063.4, "trend": 353.491463, "fair_value": 301.55436, "relative_strength": -0.938304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.233271, "energy": 79.608222, "activity_lines": [ 394.332445, 388.387384, 378.277073, 367.880617 ] }, { "date": "2025-10-03", "close": 392.593042, "volume": 163056, "typical_volume": 220020.4, "trend": 355.401558, "fair_value": 302.612766, "relative_strength": -2.803103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.29925, "energy": 64.085922, "activity_lines": [ 394.465847, 390.211339, 380.428185, 370.4033 ] }, { "date": "2025-10-10", "close": 375.081153, "volume": 164731, "typical_volume": 219030.75, "trend": 357.175506, "fair_value": 303.613014, "relative_strength": -4.83018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.208622, "energy": 44.478418, "activity_lines": [ 388.16916, 388.493475, 380.753436, 371.672951 ] }, { "date": "2025-10-17", "close": 384.823262, "volume": 158841, "typical_volume": 218089.2, "trend": 359.212136, "fair_value": 304.603892, "relative_strength": -4.026819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.872726, "energy": 32.987239, "activity_lines": [ 386.11481, 388.229027, 381.875596, 373.456677 ] }, { "date": "2025-10-24", "close": 391.537148, "volume": 154193, "typical_volume": 213607.8, "trend": 361.474324, "fair_value": 305.608458, "relative_strength": -4.182523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.695626, "energy": 29.806045, "activity_lines": [ 386.87528, 388.898926, 383.486385, 375.542162 ] }, { "date": "2025-10-31", "close": 393.828237, "volume": 160666, "typical_volume": 187547.9, "trend": 364.653166, "fair_value": 306.702266, "relative_strength": -4.253532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.429348, "energy": 30.183302, "activity_lines": [ 388.834327, 389.760287, 385.121412, 377.629511 ] }, { "date": "2025-11-07", "close": 387.373343, "volume": 176009, "typical_volume": 186274.65, "trend": 367.238386, "fair_value": 307.663041, "relative_strength": -4.170039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.05868, "energy": 30.452011, "activity_lines": [ 388.767919, 389.30404, 385.930767, 379.095329 ] }, { "date": "2025-11-14", "close": 378.278716, "volume": 138418, "typical_volume": 181361.95, "trend": 369.719606, "fair_value": 308.607987, "relative_strength": -6.402052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.133239, "energy": 21.922412, "activity_lines": [ 386.017948, 387.127457, 385.690618, 379.807609 ] }, { "date": "2025-11-21", "close": 369.861454, "volume": 296588, "typical_volume": 181997.15, "trend": 371.266218, "fair_value": 309.479265, "relative_strength": -6.520428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.639878, "energy": 7.209544, "activity_lines": [ 380.249052, 383.63368, 384.572792, 379.81676 ] }, { "date": "2025-11-28", "close": 389.196253, "volume": 188667, "typical_volume": 183009.2, "trend": 373.223103, "fair_value": 310.444636, "relative_strength": -4.972367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.476613, "energy": 15.733883, "activity_lines": [ 381.922543, 384.08468, 385.284761, 380.973536 ] }, { "date": "2025-12-05", "close": 393.489555, "volume": 150699, "typical_volume": 182061.55, "trend": 375.206318, "fair_value": 311.508043, "relative_strength": -4.027471, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.834625, "energy": 15.917145, "activity_lines": [ 385.183195, 385.477444, 386.300891, 382.281049 ] }, { "date": "2025-12-12", "close": 397.404329, "volume": 155616, "typical_volume": 179264.15, "trend": 376.473125, "fair_value": 312.647911, "relative_strength": -2.290474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.433107, "energy": 29.049377, "activity_lines": [ 389.77135, 387.622556, 387.569518, 383.713179 ] }, { "date": "2025-12-19", "close": 400.821311, "volume": 191320, "typical_volume": 180473.35, "trend": 378.247507, "fair_value": 313.84872, "relative_strength": -1.377091, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.293201, "energy": 54.62289, "activity_lines": [ 394.829766, 390.301459, 389.04694, 385.28403 ] }, { "date": "2025-12-26", "close": 401.699561, "volume": 134812, "typical_volume": 177107.7, "trend": 379.865575, "fair_value": 315.057902, "relative_strength": -2.347294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.227625, "energy": 63.939777, "activity_lines": [ 398.678093, 392.672041, 390.40218, 386.797066 ] }, { "date": "2026-01-02", "close": 390.871138, "volume": 199094, "typical_volume": 176794.5, "trend": 381.201099, "fair_value": 316.163436, "relative_strength": -3.767336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.249337, "energy": 53.02624, "activity_lines": [ 396.794405, 392.766976, 390.570779, 387.507102 ] }, { "date": "2026-01-09", "close": 411.879277, "volume": 233053, "typical_volume": 179032.25, "trend": 383.27924, "fair_value": 317.318329, "relative_strength": -0.036422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.823126, "energy": 64.191681, "activity_lines": [ 401.801771, 396.693683, 392.68437, 389.486339 ] }, { "date": "2026-01-16", "close": 405.362263, "volume": 266299, "typical_volume": 183720.45, "trend": 385.162312, "fair_value": 318.439864, "relative_strength": -1.08503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.457412, "energy": 53.482151, "activity_lines": [ 403.410818, 399.107278, 394.053624, 390.91105 ] }, { "date": "2026-01-23", "close": 405.96107, "volume": 221062, "typical_volume": 187686.4, "trend": 386.617298, "fair_value": 319.473506, "relative_strength": -0.430099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.680201, "energy": 42.252218, "activity_lines": [ 404.688938, 401.302675, 395.376759, 392.252906 ] }, { "date": "2026-01-30", "close": 398.396144, "volume": 217288, "typical_volume": 190213.25, "trend": 387.649745, "fair_value": 320.419368, "relative_strength": -2.436851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.666081, "energy": 42.923017, "activity_lines": [ 403.102765, 401.619315, 395.903447, 393.012831 ] }, { "date": "2026-02-06", "close": 389.593684, "volume": 199792, "typical_volume": 191459.55, "trend": 388.396069, "fair_value": 321.35414, "relative_strength": -4.197699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.337751, "energy": 18.838212, "activity_lines": [ 398.802667, 399.816696, 395.568376, 393.138247 ] }, { "date": "2026-02-13", "close": 383.10661, "volume": 272447, "typical_volume": 192132.55, "trend": 388.892348, "fair_value": 322.216023, "relative_strength": -4.363637, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.358513, "energy": 12.868981, "activity_lines": [ 392.425375, 396.827383, 394.655806, 392.796991 ] }, { "date": "2026-02-20", "close": 387.837184, "volume": 153694, "typical_volume": 191664.45, "trend": 389.389859, "fair_value": 323.17533, "relative_strength": -4.109005, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.899547, "energy": 20.903678, "activity_lines": [ 389.543118, 394.886955, 394.253836, 392.728916 ] }, { "date": "2026-02-27", "close": 383.515795, "volume": 188261, "typical_volume": 192840.95, "trend": 390.253786, "fair_value": 324.08087, "relative_strength": -4.559177, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -21.983464, "energy": 28.160416, "activity_lines": [ 386.388737, 392.334767, 393.462951, 392.349944 ] }, { "date": "2026-03-06", "close": 375.052659, "volume": 356902, "typical_volume": 202744.0, "trend": 390.453093, "fair_value": 325.018901, "relative_strength": -4.67842, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.508597, "energy": 46.12324, "activity_lines": [ 381.909662, 388.558474, 391.825888, 391.369227 ] }, { "date": "2026-03-13", "close": 363.236205, "volume": 462208, "typical_volume": 218144.75, "trend": 389.922409, "fair_value": 325.856679, "relative_strength": -6.182276, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.992401, "energy": 75.18093, "activity_lines": [ 375.048002, 383.118224, 389.109976, 389.613298 ] }, { "date": "2026-03-20", "close": 353.804997, "volume": 467715, "typical_volume": 233497.2, "trend": 388.852285, "fair_value": 326.62817, "relative_strength": -6.835741, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.394209, "energy": 83.217508, "activity_lines": [ 366.79977, 376.465661, 385.630619, 387.283143 ] }, { "date": "2026-03-27", "close": 348.05, "volume": 287377, "typical_volume": 239065.6, "trend": 387.663914, "fair_value": 327.279777, "relative_strength": -6.134082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.7193, "energy": 85.773264, "activity_lines": [ 358.586648, 369.822632, 381.793755, 384.650737 ] }, { "date": "2026-04-03", "close": 357.21, "volume": 264873, "typical_volume": 245388.35, "trend": 386.570725, "fair_value": 328.036821, "relative_strength": -6.695149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.175683, "energy": 79.403999, "activity_lines": [ 356.079337, 365.887099, 379.016525, 382.685968 ] }, { "date": "2026-04-10", "close": 374.19, "volume": 302253, "typical_volume": 245671.6, "trend": 385.927854, "fair_value": 328.879821, "relative_strength": -5.546469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.520767, "energy": 61.040926, "activity_lines": [ 360.985747, 365.925221, 377.956766, 381.887212 ] }, { "date": "2026-04-17", "close": 398.59, "volume": 317252, "typical_volume": 252100.85, "trend": 385.945509, "fair_value": 329.8701, "relative_strength": -3.662529, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.585555, "energy": 17.26349, "activity_lines": [ 374.083, 370.839818, 379.200204, 382.704125 ] }, { "date": "2026-04-24", "close": 393.932209, "volume": 237411, "typical_volume": 256436.45, "trend": 385.885887, "fair_value": 330.827707, "relative_strength": -5.162351, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.753089, "energy": 18.810304, "activity_lines": [ 383.270736, 374.743975, 379.95531, 383.219396 ] }, { "date": "2026-05-01", "close": 393.552698, "volume": 278437, "typical_volume": 262577.5, "trend": 385.917875, "fair_value": 331.790136, "relative_strength": -6.000119, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 9.190642, "energy": 26.165305, "activity_lines": [ 389.656822, 378.382301, 380.672165, 383.714029 ] }, { "date": "2026-05-08", "close": 397.725093, "volume": 453829, "typical_volume": 275702.95, "trend": 386.672673, "fair_value": 332.774808, "relative_strength": -7.006172, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.989709, "energy": 34.790411, "activity_lines": [ 394.400192, 382.675326, 381.804732, 384.475785 ] }, { "date": "2026-05-15", "close": 383.990127, "volume": 289991, "typical_volume": 283461.9, "trend": 386.644902, "fair_value": 333.64054, "relative_strength": -10.130767, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.346699, "energy": 25.599646, "activity_lines": [ 391.864235, 384.212734, 381.643951, 384.302717 ] }, { "date": "2026-05-22", "close": 394.031824, "volume": 255812, "typical_volume": 286297.8, "trend": 386.728058, "fair_value": 334.573957, "relative_strength": -8.340967, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.508273, "energy": 25.190649, "activity_lines": [ 392.022167, 387.413405, 382.523853, 384.779293 ] }, { "date": "2026-05-29", "close": 400.96918, "volume": 323714, "typical_volume": 290830.85, "trend": 386.966089, "fair_value": 335.499372, "relative_strength": -7.830054, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.520335, "energy": 24.937126, "activity_lines": [ 394.796431, 391.315493, 384.049404, 385.698075 ] }, { "date": "2026-06-05", "close": 382.842219, "volume": 261370, "typical_volume": 290584.4, "trend": 386.815052, "fair_value": 336.270563, "relative_strength": -9.516804, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 1.430592, "energy": 7.67002, "activity_lines": [ 391.059242, 391.06424, 383.900531, 385.432019 ] }, { "date": "2026-06-12", "close": 392.055427, "volume": 275568, "typical_volume": 293309.7, "trend": 387.274276, "fair_value": 337.049466, "relative_strength": -7.666968, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.866214, "energy": 10.065, "activity_lines": [ 391.107155, 391.855529, 384.736344, 385.770107 ] }, { "date": "2026-06-19", "close": 393.612589, "volume": 255387, "typical_volume": 295214.65, "trend": 388.06598, "fair_value": 337.846545, "relative_strength": -7.948924, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.24325, "energy": 9.597398, "activity_lines": [ 392.0521, 392.296386, 385.786676, 386.179031 ] }, { "date": "2026-06-26", "close": 388.6, "volume": 294999, "typical_volume": 299975.0, "trend": 388.046105, "fair_value": 338.562944, "relative_strength": -6.712092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.905411, "energy": 6.539856, "activity_lines": [ 390.684684, 391.472724, 386.382398, 386.213484 ] }, { "date": "2026-07-03", "close": 395.55, "volume": 194411, "typical_volume": 296073.2, "trend": 388.114786, "fair_value": 339.328407, "relative_strength": -6.859487, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.233541, "energy": 12.064341, "activity_lines": [ 391.996056, 392.094336, 387.644756, 386.697606 ] }, { "date": "2026-07-10", "close": 395.75, "volume": 486323, "typical_volume": 312704.65, "trend": 388.059642, "fair_value": 340.032927, "relative_strength": -7.84667, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.224948, "energy": 17.433322, "activity_lines": [ 393.735374, 392.722897, 388.866907, 387.1902 ] }, { "date": "2026-07-17", "close": 391.55, "volume": 204407, "typical_volume": 313511.95, "trend": 387.750598, "fair_value": 340.741918, "relative_strength": -7.185953, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.616487, "energy": 16.737958, "activity_lines": [ 393.214173, 392.54787, 389.651378, 387.415385 ] }, { "date": "2026-07-24", "close": 372.01, "volume": 363890, "typical_volume": 313861.35, "trend": 386.760946, "fair_value": 341.302843, "relative_strength": -11.031113, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.360242, "energy": 10.571818, "activity_lines": [ 386.213333, 388.932391, 388.536639, 386.399862 ] }, { "date": "2026-07-31", "close": 391.3, "volume": 277734, "typical_volume": 304637.65, "trend": 386.775242, "fair_value": 341.996634, "relative_strength": -7.250522, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.50087, "energy": 6.287282, "activity_lines": [ 387.082667, 389.042005, 389.273532, 386.692705 ] }, { "date": "2026-08-07", "close": 403.04, "volume": 279897, "typical_volume": 295246.75, "trend": 386.480599, "fair_value": 342.787488, "relative_strength": -7.505515, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.654822, "energy": 23.215383, "activity_lines": [ 391.685333, 391.335833, 390.994882, 387.742044 ] } ], "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." } } }