{ "ticker": { "uuid": "0dfd1183-68b8-48f6-bf7d-1a056c431054", "symbol": "CVS", "name": "CVS Health Corp", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 52.01, "architecture_energy": 47.282, "architecture_maturity": 83.5, "architecture_confidence": 67.529, "architecture_tenure": "Established", "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": 16.01, "rotation_up": 47.86, "upward_expansion": 71.59, "deceleration": 62.52, "rotation_down": 26.88, "downward_expansion": 19.25 }, "activity_lines": [ 102.43714, 102.828972, 98.387207, 93.207932 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 95.7, "trend_reference": 87.264251, "distance_from_trend": 0.096669, "trend_direction": "Improving", "fair_value": 67.442803, "distance_from_fair_value": 0.41898, "fair_value_direction": "Improving", "relative_strength": 4.073207, "relative_strength_direction": "Weakening", "price_momentum": 0.231742, "excess_performance": 0.106117, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096669, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.103888, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.41898, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012579, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.040732, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.066747, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.231742, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.254335, "read": "Demand-led" } ], "volume": { "latest": 54107552, "relative_activity": 1.385425, "balance": 1.254335, "dry_up": 1.105081, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.062643, "annualized_volatility": 0.327651, "from_high_reference": -0.13, "from_low_reference": 0.524894 }, "levels": { "trend_reference": 87.264251, "fair_value_reference": 67.442803, "structural_low": 68.928846, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": -0.004731, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": 0.012288, "regime_survival": 0.653846, "best_return": 0.090168, "worst_return": -0.149693, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.021516, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.003829, "regime_survival": 0.4, "best_return": 0.161703, "worst_return": -0.236269, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.000978, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.00471, "regime_survival": 0.333333, "best_return": 0.259872, "worst_return": -0.283295, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.01723, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.206881, "regime_survival": 0.0, "best_return": 0.222147, "worst_return": -0.413061, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": 0.031584, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-10-25", "tenure": "New", "return": -0.053103, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-12-13", "tenure": "Developing", "return": -0.115391, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-20", "end": "2025-02-07", "tenure": "Developing", "return": 0.232582, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": 0.007595, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-05-16", "tenure": "Developing", "return": -0.038287, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-23", "end": "2025-06-27", "tenure": "Developing", "return": 0.125925, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": -0.0393, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.163271, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-21", "tenure": "Established", "return": 0.075462, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-02", "tenure": "Developing", "return": -0.002862, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-02-13", "tenure": "Developing", "return": -0.014804, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.190684, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": -0.001981, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 59.996856, "volume": 77764347, "typical_volume": 44194256.9, "trend": 66.546068, "fair_value": 73.119047, "relative_strength": -25.728649, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.381802, "energy": 16.224074, "activity_lines": [ 64.446256, 64.283854, 63.573705, 64.338563 ] }, { "date": "2023-08-25", "close": 60.454848, "volume": 38202507, "typical_volume": 44472596.4, "trend": 65.976032, "fair_value": 73.170379, "relative_strength": -25.118068, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.973918, "energy": 28.052701, "activity_lines": [ 62.7921, 63.708328, 63.267999, 63.945581 ] }, { "date": "2023-09-01", "close": 58.973111, "volume": 33988631, "typical_volume": 43995913.3, "trend": 65.4158, "fair_value": 73.228009, "relative_strength": -28.060806, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.540826, "energy": 42.399447, "activity_lines": [ 61.106812, 62.861064, 62.859526, 63.493779 ] }, { "date": "2023-09-08", "close": 59.125775, "volume": 26777023, "typical_volume": 43083458.3, "trend": 64.746094, "fair_value": 73.301724, "relative_strength": -26.254013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.852442, "energy": 55.929362, "activity_lines": [ 60.007633, 62.096615, 62.499051, 63.087971 ] }, { "date": "2023-09-15", "close": 63.642826, "volume": 60886825, "typical_volume": 44181759.1, "trend": 64.258763, "fair_value": 73.392852, "relative_strength": -19.741188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.323682, "energy": 53.441802, "activity_lines": [ 60.836208, 62.198118, 62.596209, 63.016793 ] }, { "date": "2023-09-22", "close": 63.894272, "volume": 45298947, "typical_volume": 43882819.05, "trend": 63.862571, "fair_value": 73.497558, "relative_strength": -16.203416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.91062, "energy": 25.157373, "activity_lines": [ 61.988071, 62.308528, 62.725235, 62.993277 ] }, { "date": "2023-09-29", "close": 62.699903, "volume": 30350205, "typical_volume": 43694777.45, "trend": 63.543191, "fair_value": 73.591897, "relative_strength": -16.388196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.010229, "energy": 12.842278, "activity_lines": [ 62.481983, 62.196194, 62.736079, 62.918266 ] }, { "date": "2023-10-06", "close": 62.771745, "volume": 24529481, "typical_volume": 42671622.6, "trend": 63.36492, "fair_value": 73.678345, "relative_strength": -16.055192, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.409768, "energy": 17.3527, "activity_lines": [ 62.850172, 62.182316, 62.746111, 62.868495 ] }, { "date": "2023-10-13", "close": 64.244501, "volume": 30213490, "typical_volume": 42298144.9, "trend": 63.316142, "fair_value": 73.773223, "relative_strength": -13.786777, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.268303, "energy": 10.77241, "activity_lines": [ 63.456038, 62.513114, 62.891805, 62.925243 ] }, { "date": "2023-10-20", "close": 62.539726, "volume": 36661843, "typical_volume": 42248292.15, "trend": 63.243229, "fair_value": 73.850958, "relative_strength": -13.321928, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.884767, "energy": 13.102163, "activity_lines": [ 63.152396, 62.555996, 62.856142, 62.875151 ] }, { "date": "2023-10-27", "close": 60.039948, "volume": 32613292, "typical_volume": 42324398.95, "trend": 63.056066, "fair_value": 73.934981, "relative_strength": -13.984577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.413914, "energy": 22.024357, "activity_lines": [ 62.089036, 62.22974, 62.581496, 62.668488 ] }, { "date": "2023-11-03", "close": 63.626586, "volume": 51693970, "typical_volume": 41466258.05, "trend": 62.893331, "fair_value": 73.994474, "relative_strength": -13.000652, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.638824, "energy": 11.863601, "activity_lines": [ 62.478176, 62.554817, 62.666938, 62.705296 ] }, { "date": "2023-11-10", "close": 61.298894, "volume": 30025327, "typical_volume": 41326934.3, "trend": 62.736647, "fair_value": 74.006595, "relative_strength": -16.555271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.328934, "energy": 22.38599, "activity_lines": [ 62.029641, 62.399008, 62.51498, 62.602429 ] }, { "date": "2023-11-17", "close": 62.322354, "volume": 33249582, "typical_volume": 40766233.75, "trend": 62.651139, "fair_value": 74.050004, "relative_strength": -16.297139, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.574186, "energy": 21.089678, "activity_lines": [ 62.020448, 62.386997, 62.463839, 62.5757 ] }, { "date": "2023-11-24", "close": 62.874841, "volume": 17887437, "typical_volume": 40306282.55, "trend": 62.570091, "fair_value": 74.089016, "relative_strength": -15.543377, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.721833, "energy": 4.385669, "activity_lines": [ 62.323562, 62.417318, 62.461794, 62.590133 ] }, { "date": "2023-12-01", "close": 62.023467, "volume": 39908437, "typical_volume": 39712024.15, "trend": 62.538759, "fair_value": 74.087009, "relative_strength": -16.496388, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.498169, "energy": 5.367485, "activity_lines": [ 62.320542, 62.306807, 62.372681, 62.554867 ] }, { "date": "2023-12-08", "close": 68.019311, "volume": 60199166, "typical_volume": 40286650.2, "trend": 62.769647, "fair_value": 74.139099, "relative_strength": -7.737112, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.912219, "energy": 40.334386, "activity_lines": [ 64.183903, 63.320464, 62.862047, 62.908451 ] }, { "date": "2023-12-15", "close": 67.412481, "volume": 45983468, "typical_volume": 40374652.55, "trend": 62.956551, "fair_value": 74.198187, "relative_strength": -9.85857, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.707136, "energy": 59.201221, "activity_lines": [ 65.552139, 64.127072, 63.290654, 63.207988 ] }, { "date": "2023-12-22", "close": 71.334233, "volume": 45129462, "typical_volume": 39627074.55, "trend": 63.325849, "fair_value": 74.29089, "relative_strength": -4.713183, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.370742, "energy": 77.28058, "activity_lines": [ 67.820053, 65.562349, 64.090804, 63.748484 ] }, { "date": "2023-12-29", "close": 71.515377, "volume": 15810956, "typical_volume": 38858719.8, "trend": 63.631403, "fair_value": 74.382983, "relative_strength": -4.026786, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.304151, "energy": 84.22547, "activity_lines": [ 69.547557, 66.901657, 64.880218, 64.276841 ] }, { "date": "2024-01-05", "close": 73.743439, "volume": 54407499, "typical_volume": 37690877.4, "trend": 63.958668, "fair_value": 74.454173, "relative_strength": 1.180072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.793784, "energy": 88.467425, "activity_lines": [ 71.441712, 68.482873, 65.861446, 64.92923 ] }, { "date": "2024-01-12", "close": 69.341657, "volume": 85697015, "typical_volume": 40065602.8, "trend": 64.25917, "fair_value": 74.489638, "relative_strength": -5.962782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.694088, "energy": 77.762757, "activity_lines": [ 71.087275, 69.014611, 66.357996, 65.27652 ] }, { "date": "2024-01-19", "close": 66.918865, "volume": 50881161, "typical_volume": 40910229.3, "trend": 64.423088, "fair_value": 74.518367, "relative_strength": -9.674005, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.785299, "energy": 48.036622, "activity_lines": [ 69.837084, 69.001931, 66.581485, 65.448113 ] }, { "date": "2024-01-26", "close": 66.717798, "volume": 75376402, "typical_volume": 43340198.25, "trend": 64.59426, "fair_value": 74.559144, "relative_strength": -10.222221, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.313277, "energy": 30.626835, "activity_lines": [ 68.552778, 68.850512, 66.747989, 65.596159 ] }, { "date": "2024-02-02", "close": 66.800053, "volume": 47262687, "typical_volume": 42658991.35, "trend": 64.766986, "fair_value": 74.597587, "relative_strength": -10.794417, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.790367, "energy": 23.454495, "activity_lines": [ 67.603654, 68.634131, 66.886174, 65.738468 ] }, { "date": "2024-02-09", "close": 69.752087, "volume": 71596552, "typical_volume": 43973871.6, "trend": 64.97249, "fair_value": 74.643992, "relative_strength": -7.444467, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.512248, "energy": 24.536825, "activity_lines": [ 67.952895, 68.883116, 67.29047, 66.060087 ] }, { "date": "2024-02-16", "close": 70.464962, "volume": 51603602, "typical_volume": 45036541.45, "trend": 65.07477, "fair_value": 74.715432, "relative_strength": -5.52923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.682895, "energy": 25.704147, "activity_lines": [ 68.805852, 69.121195, 67.734766, 66.41444 ] }, { "date": "2024-02-23", "close": 70.556356, "volume": 35683060, "typical_volume": 45594220.4, "trend": 65.193267, "fair_value": 74.799823, "relative_strength": -6.294274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.761996, "energy": 35.730552, "activity_lines": [ 69.614386, 69.331424, 68.150788, 66.768091 ] }, { "date": "2024-03-01", "close": 67.48551, "volume": 40356175, "typical_volume": 46101354.65, "trend": 65.26089, "fair_value": 74.85103, "relative_strength": -10.667371, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.54168, "energy": 31.363226, "activity_lines": [ 69.156806, 68.926156, 68.23728, 66.915978 ] }, { "date": "2024-03-08", "close": 68.609659, "volume": 50366074, "typical_volume": 46786566.2, "trend": 65.306715, "fair_value": 74.891677, "relative_strength": -8.439124, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.035138, "energy": 29.004223, "activity_lines": [ 69.022761, 68.795256, 68.4154, 67.132027 ] }, { "date": "2024-03-15", "close": 70.739145, "volume": 41022273, "typical_volume": 47207015.25, "trend": 65.664791, "fair_value": 74.949971, "relative_strength": -5.143072, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.645264, "energy": 31.623448, "activity_lines": [ 69.477904, 69.104366, 68.767424, 67.482507 ] }, { "date": "2024-03-22", "close": 71.726202, "volume": 40652284, "typical_volume": 46654930.95, "trend": 66.040503, "fair_value": 74.99958, "relative_strength": -5.567837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.207127, "energy": 34.649552, "activity_lines": [ 70.196263, 69.647565, 69.162505, 67.873565 ] }, { "date": "2024-03-29", "close": 72.896049, "volume": 37360635, "typical_volume": 47021696.35, "trend": 66.504601, "fair_value": 75.065652, "relative_strength": -4.07339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.727946, "energy": 52.836082, "activity_lines": [ 71.220488, 70.360108, 69.63043, 68.315859 ] }, { "date": "2024-04-05", "close": 68.161827, "volume": 52896309, "typical_volume": 48004032.7, "trend": 66.805802, "fair_value": 75.102619, "relative_strength": -9.038336, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.617697, "energy": 31.494931, "activity_lines": [ 70.510659, 70.103207, 69.592253, 68.422776 ] }, { "date": "2024-04-12", "close": 62.733009, "volume": 38931891, "typical_volume": 49056255.4, "trend": 66.775475, "fair_value": 75.095012, "relative_strength": -14.591528, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -6.832351, "energy": 6.70741, "activity_lines": [ 67.946137, 68.832993, 69.009238, 68.160016 ] }, { "date": "2024-04-19", "close": 64.355257, "volume": 42840545, "typical_volume": 49202860.8, "trend": 66.790841, "fair_value": 75.09419, "relative_strength": -9.245579, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -23.44162, "energy": 25.37628, "activity_lines": [ 66.31414, 67.93168, 68.581398, 68.003872 ] }, { "date": "2024-04-26", "close": 61.984031, "volume": 38118903, "typical_volume": 48098847.65, "trend": 66.766979, "fair_value": 75.076266, "relative_strength": -14.413219, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.256638, "energy": 51.258712, "activity_lines": [ 64.317328, 66.697359, 67.916623, 67.693756 ] }, { "date": "2024-05-03", "close": 51.576471, "volume": 147645997, "typical_volume": 53181974.1, "trend": 66.393803, "fair_value": 74.944285, "relative_strength": -28.68676, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -65.11485, "energy": 80.336523, "activity_lines": [ 59.500806, 63.724952, 66.289392, 66.713723 ] }, { "date": "2024-05-10", "close": 51.502659, "volume": 67322493, "typical_volume": 54291625.65, "trend": 65.969075, "fair_value": 74.816071, "relative_strength": -29.599619, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.835388, "energy": 95.830693, "activity_lines": [ 56.080986, 61.084215, 64.730541, 65.753004 ] }, { "date": "2024-05-17", "close": 53.218799, "volume": 67191726, "typical_volume": 56860664.15, "trend": 65.658378, "fair_value": 74.669072, "relative_strength": -27.950724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.107842, "energy": 91.001573, "activity_lines": [ 54.343824, 59.0461, 63.429567, 64.930405 ] }, { "date": "2024-05-24", "close": 51.244315, "volume": 67774752, "typical_volume": 57529026.8, "trend": 65.36519, "fair_value": 74.527733, "relative_strength": -30.15309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.043673, "energy": 91.354499, "activity_lines": [ 52.582781, 56.928822, 62.027674, 64.000466 ] }, { "date": "2024-05-31", "close": 54.990298, "volume": 69451632, "typical_volume": 56716757.65, "trend": 65.077314, "fair_value": 74.410243, "relative_strength": -24.295496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.44644, "energy": 84.692817, "activity_lines": [ 52.944462, 55.847083, 61.08968, 63.331118 ] }, { "date": "2024-06-07", "close": 57.001688, "volume": 60679290, "typical_volume": 57206664.1, "trend": 64.934073, "fair_value": 74.311083, "relative_strength": -22.021827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.8812, "energy": 57.966254, "activity_lines": [ 54.442856, 55.43534, 60.411587, 62.81011 ] }, { "date": "2024-06-14", "close": 55.562345, "volume": 57364924, "typical_volume": 56306090.2, "trend": 64.70874, "fair_value": 74.219382, "relative_strength": -24.834697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.161968, "energy": 46.89744, "activity_lines": [ 55.099787, 55.050888, 59.643638, 62.205482 ] }, { "date": "2024-06-21", "close": 56.623399, "volume": 44471060, "typical_volume": 56166508.85, "trend": 64.500358, "fair_value": 74.125352, "relative_strength": -23.445204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.436837, "energy": 36.002269, "activity_lines": [ 55.839757, 55.088435, 59.029863, 61.683847 ] }, { "date": "2024-06-28", "close": 54.492064, "volume": 55917581, "typical_volume": 55382560.3, "trend": 64.249312, "fair_value": 74.026628, "relative_strength": -25.859787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.348035, "energy": 34.205083, "activity_lines": [ 55.642308, 54.849551, 58.261564, 61.038151 ] }, { "date": "2024-07-05", "close": 52.240783, "volume": 27127587, "typical_volume": 54158759.55, "trend": 63.723361, "fair_value": 73.919505, "relative_strength": -29.775235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.979693, "energy": 44.163373, "activity_lines": [ 54.477916, 54.380674, 57.351524, 60.263407 ] }, { "date": "2024-07-12", "close": 54.436705, "volume": 41528641, "typical_volume": 54451038.6, "trend": 63.290835, "fair_value": 73.824285, "relative_strength": -27.037998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.253304, "energy": 43.630688, "activity_lines": [ 54.228799, 54.488206, 56.737401, 59.664268 ] }, { "date": "2024-07-19", "close": 54.962619, "volume": 42406084, "typical_volume": 54553534.05, "trend": 62.745114, "fair_value": 73.721272, "relative_strength": -24.299501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.580113, "energy": 42.623636, "activity_lines": [ 54.325986, 54.639353, 56.250126, 59.126964 ] }, { "date": "2024-07-26", "close": 56.923668, "volume": 48328795, "typical_volume": 54451670.1, "trend": 62.258724, "fair_value": 73.635807, "relative_strength": -20.432563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.600564, "energy": 31.66833, "activity_lines": [ 55.116837, 55.084147, 56.00925, 58.751387 ] }, { "date": "2024-08-02", "close": 55.355934, "volume": 50444224, "typical_volume": 54922767.65, "trend": 61.645807, "fair_value": 73.546361, "relative_strength": -20.428012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.717975, "energy": 26.236909, "activity_lines": [ 55.365093, 55.176537, 55.674713, 58.306046 ] }, { "date": "2024-08-09", "close": 53.293618, "volume": 55956431, "typical_volume": 55687975.0, "trend": 61.110872, "fair_value": 73.42669, "relative_strength": -22.802711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.062691, "energy": 30.259446, "activity_lines": [ 54.868318, 54.819204, 55.217019, 57.767195 ] }, { "date": "2024-08-16", "close": 54.450755, "volume": 39586437, "typical_volume": 55799265.1, "trend": 60.695269, "fair_value": 73.311756, "relative_strength": -23.694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.866239, "energy": 29.764997, "activity_lines": [ 54.687067, 54.703108, 54.957303, 57.33751 ] }, { "date": "2024-08-23", "close": 54.824025, "volume": 33875610, "typical_volume": 54848230.15, "trend": 60.29881, "fair_value": 73.205449, "relative_strength": -23.763551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.830422, "energy": 31.563438, "activity_lines": [ 54.629302, 54.70126, 54.820971, 56.95872 ] }, { "date": "2024-08-30", "close": 53.414931, "volume": 38406051, "typical_volume": 54821938.15, "trend": 59.852639, "fair_value": 73.06955, "relative_strength": -25.504127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.424009, "energy": 37.845049, "activity_lines": [ 54.111079, 54.456638, 54.613952, 56.514598 ] }, { "date": "2024-09-06", "close": 53.89085, "volume": 38675107, "typical_volume": 54613666.25, "trend": 59.323931, "fair_value": 72.956823, "relative_strength": -21.181527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.431113, "energy": 33.106674, "activity_lines": [ 53.985412, 54.356881, 54.496632, 56.129967 ] }, { "date": "2024-09-13", "close": 54.10548, "volume": 38591667, "typical_volume": 54637304.45, "trend": 58.778615, "fair_value": 72.836068, "relative_strength": -23.347798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.021539, "energy": 29.686512, "activity_lines": [ 54.02896, 54.30708, 54.449582, 55.793293 ] }, { "date": "2024-09-20", "close": 53.666888, "volume": 31570733, "typical_volume": 48833541.25, "trend": 58.215633, "fair_value": 72.716875, "relative_strength": -24.387786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.569042, "energy": 30.008621, "activity_lines": [ 53.872186, 54.14363, 54.398279, 55.463504 ] }, { "date": "2024-09-27", "close": 57.278275, "volume": 49358985, "typical_volume": 47935365.85, "trend": 57.875392, "fair_value": 72.624332, "relative_strength": -19.151474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.532423, "energy": 8.2723, "activity_lines": [ 54.971467, 54.650794, 54.680963, 55.403029 ] }, { "date": "2024-10-04", "close": 60.273766, "volume": 81098956, "typical_volume": 48630727.35, "trend": 57.597528, "fair_value": 72.54935, "relative_strength": -14.578744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.042967, "energy": 18.361601, "activity_lines": [ 56.905627, 55.660489, 55.22143, 55.557763 ] }, { "date": "2024-10-11", "close": 62.177443, "volume": 56470133, "typical_volume": 48065496.4, "trend": 57.312138, "fair_value": 72.478533, "relative_strength": -12.286722, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.436545, "energy": 57.950318, "activity_lines": [ 59.017091, 56.955396, 55.909603, 55.853241 ] }, { "date": "2024-10-18", "close": 56.307773, "volume": 93381452, "typical_volume": 49261987.4, "trend": 56.798191, "fair_value": 72.358149, "relative_strength": -20.571171, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.974054, "energy": 43.649113, "activity_lines": [ 58.619558, 57.059064, 55.986698, 55.788444 ] }, { "date": "2024-10-25", "close": 53.317688, "volume": 55326055, "typical_volume": 48994325.65, "trend": 56.145579, "fair_value": 72.208918, "relative_strength": -23.386572, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.920261, "energy": 23.320783, "activity_lines": [ 57.078511, 56.564276, 55.772749, 55.563895 ] }, { "date": "2024-11-01", "close": 52.675875, "volume": 45626959, "typical_volume": 48407427.4, "trend": 55.62938, "fair_value": 72.030824, "relative_strength": -22.553072, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.354778, "energy": 9.571086, "activity_lines": [ 55.346807, 55.973397, 55.515218, 55.340043 ] }, { "date": "2024-11-08", "close": 52.421038, "volume": 87742879, "typical_volume": 50571018.35, "trend": 55.285648, "fair_value": 71.849777, "relative_strength": -25.786246, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.480123, "energy": 24.466839, "activity_lines": [ 53.836983, 55.375241, 55.247162, 55.133053 ] }, { "date": "2024-11-15", "close": 50.203007, "volume": 61079323, "typical_volume": 50829105.45, "trend": 54.813906, "fair_value": 71.659241, "relative_strength": -26.767893, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.319423, "energy": 46.947056, "activity_lines": [ 52.111331, 54.391877, 54.787876, 54.805141 ] }, { "date": "2024-11-22", "close": 54.75233, "volume": 60679157, "typical_volume": 52506683.95, "trend": 54.57285, "fair_value": 71.506887, "relative_strength": -20.815814, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.334341, "energy": 31.760959, "activity_lines": [ 52.700415, 54.302714, 54.782283, 54.801168 ] }, { "date": "2024-11-29", "close": 56.489001, "volume": 35046088, "typical_volume": 52182556.3, "trend": 54.736601, "fair_value": 71.369241, "relative_strength": -18.677115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.311159, "energy": 11.754152, "activity_lines": [ 53.972086, 54.517549, 54.930128, 54.924791 ] }, { "date": "2024-12-06", "close": 52.185077, "volume": 47297592, "typical_volume": 52427131.7, "trend": 54.759348, "fair_value": 71.160063, "relative_strength": -24.72021, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.280278, "energy": 16.762046, "activity_lines": [ 53.597695, 53.898542, 54.658302, 54.760177 ] }, { "date": "2024-12-13", "close": 46.597527, "volume": 82303296, "typical_volume": 54125856.75, "trend": 54.538639, "fair_value": 70.906817, "relative_strength": -31.597216, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.819404, "energy": 37.555141, "activity_lines": [ 51.393508, 52.356219, 53.867555, 54.233607 ] }, { "date": "2024-12-20", "close": 41.868873, "volume": 123883132, "typical_volume": 57797802.15, "trend": 54.226124, "fair_value": 70.618035, "relative_strength": -36.507013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.054326, "energy": 72.289818, "activity_lines": [ 48.001336, 50.202801, 52.675632, 53.416203 ] }, { "date": "2024-12-27", "close": 41.991573, "volume": 44230394, "typical_volume": 57211500.3, "trend": 53.792833, "fair_value": 70.319865, "relative_strength": -35.828926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.302119, "energy": 83.20422, "activity_lines": [ 45.205673, 48.440938, 51.559619, 52.626877 ] }, { "date": "2025-01-03", "close": 43.199692, "volume": 46670506, "typical_volume": 57565703.75, "trend": 53.332767, "fair_value": 70.023775, "relative_strength": -32.620622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.957657, "energy": 83.020991, "activity_lines": [ 43.663433, 47.159027, 50.612484, 51.943449 ] }, { "date": "2025-01-10", "close": 45.3139, "volume": 57806021, "typical_volume": 58762224.3, "trend": 52.991152, "fair_value": 69.730073, "relative_strength": -27.030278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.197646, "energy": 80.130284, "activity_lines": [ 43.711884, 46.445482, 49.920279, 51.426103 ] }, { "date": "2025-01-17", "close": 49.665016, "volume": 80954942, "typical_volume": 60889668.85, "trend": 52.759206, "fair_value": 69.486891, "relative_strength": -21.501123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.708719, "energy": 59.648053, "activity_lines": [ 45.668785, 46.656903, 49.687752, 51.211513 ] }, { "date": "2025-01-24", "close": 52.122802, "volume": 47179515, "typical_volume": 61314889.25, "trend": 52.68023, "fair_value": 69.216834, "relative_strength": -18.23866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.865214, "energy": 23.065075, "activity_lines": [ 48.240449, 47.365303, 49.707156, 51.170455 ] }, { "date": "2025-01-31", "close": 53.966927, "volume": 58921762, "typical_volume": 62331394.0, "trend": 52.737769, "fair_value": 68.962911, "relative_strength": -13.734295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.232874, "energy": 21.653019, "activity_lines": [ 50.743226, 48.374094, 49.910611, 51.253468 ] }, { "date": "2025-02-07", "close": 51.606829, "volume": 45027178, "typical_volume": 63004216.25, "trend": 52.643439, "fair_value": 68.717359, "relative_strength": -16.512411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.573737, "energy": 29.883677, "activity_lines": [ 51.660946, 48.968056, 49.889954, 51.180504 ] }, { "date": "2025-02-14", "close": 62.900899, "volume": 90524854, "typical_volume": 65062509.7, "trend": 52.908049, "fair_value": 68.55587, "relative_strength": 1.018036, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.90781, "energy": 46.836633, "activity_lines": [ 55.782881, 51.704252, 50.954733, 51.842275 ] }, { "date": "2025-02-21", "close": 60.655462, "volume": 42449880, "typical_volume": 63130055.9, "trend": 53.032442, "fair_value": 68.36799, "relative_strength": -0.25946, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.401033, "energy": 62.734378, "activity_lines": [ 57.98387, 53.837353, 51.778887, 52.342108 ] }, { "date": "2025-02-28", "close": 62.795794, "volume": 43788855, "typical_volume": 62495992.0, "trend": 53.280437, "fair_value": 68.188909, "relative_strength": 4.809685, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.019159, "energy": 70.808947, "activity_lines": [ 60.165607, 56.104007, 52.805064, 52.972002 ] }, { "date": "2025-03-07", "close": 63.378652, "volume": 36989094, "typical_volume": 59676374.1, "trend": 53.616605, "fair_value": 68.023074, "relative_strength": 9.674974, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.417153, "energy": 85.820162, "activity_lines": [ 61.830097, 58.096146, 53.883806, 53.6235 ] }, { "date": "2025-03-14", "close": 62.757574, "volume": 42278689, "typical_volume": 59024005.8, "trend": 53.893499, "fair_value": 67.832081, "relative_strength": 11.742066, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.808066, "energy": 84.304192, "activity_lines": [ 62.660112, 59.586505, 54.869728, 54.21324 ] }, { "date": "2025-03-21", "close": 64.066616, "volume": 49823925, "typical_volume": 59233854.1, "trend": 54.201585, "fair_value": 67.642512, "relative_strength": 14.059624, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.870418, "energy": 85.483398, "activity_lines": [ 63.183092, 60.959274, 55.935368, 54.86957 ] }, { "date": "2025-03-28", "close": 64.152611, "volume": 38481703, "typical_volume": 56770795.3, "trend": 54.559508, "fair_value": 67.494798, "relative_strength": 16.50048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.785673, "energy": 79.089901, "activity_lines": [ 63.657023, 62.00672, 56.954957, 55.511572 ] }, { "date": "2025-04-04", "close": 60.827453, "volume": 48004566, "typical_volume": 56117057.45, "trend": 54.790728, "fair_value": 67.295248, "relative_strength": 21.777472, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.875284, "energy": 53.524451, "activity_lines": [ 62.789424, 62.186182, 57.601999, 55.915955 ] }, { "date": "2025-04-11", "close": 66.417158, "volume": 83819997, "typical_volume": 57274099.45, "trend": 55.201117, "fair_value": 67.14773, "relative_strength": 25.830137, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.012625, "energy": 55.099557, "activity_lines": [ 63.916283, 63.223686, 58.730802, 56.666047 ] }, { "date": "2025-04-18", "close": 64.295937, "volume": 46195913, "typical_volume": 57831590.7, "trend": 55.555419, "fair_value": 66.994732, "relative_strength": 23.782064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.574713, "energy": 48.041767, "activity_lines": [ 64.133501, 63.649147, 59.602037, 57.25281 ] }, { "date": "2025-04-25", "close": 63.047741, "volume": 41688852, "typical_volume": 57551153.7, "trend": 55.747734, "fair_value": 66.864581, "relative_strength": 16.241908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.480862, "energy": 42.521535, "activity_lines": [ 63.832096, 63.616951, 60.31722, 57.736186 ] }, { "date": "2025-05-02", "close": 65.113297, "volume": 64739625, "typical_volume": 56672970.15, "trend": 55.909052, "fair_value": 66.722326, "relative_strength": 16.346498, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.43133, "energy": 44.573866, "activity_lines": [ 64.287135, 63.957642, 61.177395, 58.340415 ] }, { "date": "2025-05-09", "close": 64.640343, "volume": 43205501, "typical_volume": 52639088.6, "trend": 55.991149, "fair_value": 66.594881, "relative_strength": 15.672253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.182005, "energy": 39.419937, "activity_lines": [ 64.520477, 64.131289, 61.904358, 58.903725 ] }, { "date": "2025-05-16", "close": 60.354795, "volume": 74776644, "typical_volume": 54166401.1, "trend": 56.12605, "fair_value": 66.454137, "relative_strength": 2.58032, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.398611, "energy": 28.294036, "activity_lines": [ 63.07111, 63.492208, 62.114737, 59.18525 ] }, { "date": "2025-05-23", "close": 58.713932, "volume": 39616720, "typical_volume": 53813711.8, "trend": 56.305924, "fair_value": 66.285533, "relative_strength": 2.324826, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.303126, "energy": 17.113638, "activity_lines": [ 61.478947, 62.609768, 62.081399, 59.35221 ] }, { "date": "2025-05-30", "close": 61.812267, "volume": 40539748, "typical_volume": 52950398.15, "trend": 56.610471, "fair_value": 66.154299, "relative_strength": 5.860423, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.866994, "energy": 18.814782, "activity_lines": [ 61.291695, 62.364183, 62.269264, 59.707458 ] }, { "date": "2025-06-06", "close": 61.368269, "volume": 28849354, "typical_volume": 50345118.75, "trend": 56.908712, "fair_value": 66.029835, "relative_strength": 3.503628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.762342, "energy": 17.017236, "activity_lines": [ 61.038809, 62.078858, 62.33628, 60.014413 ] }, { "date": "2025-06-13", "close": 65.113297, "volume": 30761004, "typical_volume": 49524193.2, "trend": 57.405721, "fair_value": 65.954444, "relative_strength": 10.098072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.108277, "energy": 16.271289, "activity_lines": [ 62.283935, 62.525072, 62.704235, 60.543741 ] }, { "date": "2025-06-20", "close": 64.254257, "volume": 30712286, "typical_volume": 48113719.4, "trend": 57.722452, "fair_value": 65.840975, "relative_strength": 8.760556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.883269, "energy": 25.423156, "activity_lines": [ 63.211183, 62.737173, 62.928517, 60.985582 ] }, { "date": "2025-06-27", "close": 66.107467, "volume": 38727189, "typical_volume": 47798719.95, "trend": 58.043068, "fair_value": 65.74261, "relative_strength": 8.015106, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.435208, "energy": 39.421704, "activity_lines": [ 64.496204, 63.325546, 63.280308, 61.526551 ] }, { "date": "2025-07-04", "close": 65.084341, "volume": 26311709, "typical_volume": 44588062.7, "trend": 58.473043, "fair_value": 65.636353, "relative_strength": 4.393817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.275791, "energy": 44.129358, "activity_lines": [ 64.94728, 63.69496, 63.465608, 61.980826 ] }, { "date": "2025-07-11", "close": 62.526525, "volume": 30379228, "typical_volume": 43984530.1, "trend": 59.00401, "fair_value": 65.507085, "relative_strength": 0.531954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.979124, "energy": 35.265279, "activity_lines": [ 64.327613, 63.562287, 63.39691, 62.242341 ] }, { "date": "2025-07-18", "close": 59.804623, "volume": 34615838, "typical_volume": 43525879.25, "trend": 59.601868, "fair_value": 65.364564, "relative_strength": -4.339251, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.37683, "energy": 7.459496, "activity_lines": [ 62.723429, 62.981755, 63.060072, 62.293994 ] }, { "date": "2025-07-25", "close": 59.226328, "volume": 42476447, "typical_volume": 43800246.9, "trend": 60.17636, "fair_value": 65.20928, "relative_strength": -6.447058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.433824, "energy": 11.04206, "activity_lines": [ 61.28039, 62.384, 62.682403, 62.269765 ] }, { "date": "2025-08-01", "close": 60.953356, "volume": 74124032, "typical_volume": 45392514.05, "trend": 60.768149, "fair_value": 65.028277, "relative_strength": -1.201011, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.075471, "energy": 19.282634, "activity_lines": [ 60.748223, 62.120769, 62.488985, 62.319894 ] }, { "date": "2025-08-08", "close": 63.948823, "volume": 33197442, "typical_volume": 44561189.9, "trend": 61.389313, "fair_value": 64.843386, "relative_strength": 1.156398, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.455485, "energy": 17.449639, "activity_lines": [ 61.558153, 62.36145, 62.589441, 62.525099 ] }, { "date": "2025-08-15", "close": 66.934532, "volume": 30236546, "typical_volume": 44148932.05, "trend": 61.964964, "fair_value": 64.690717, "relative_strength": 4.756323, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.450025, "energy": 24.564285, "activity_lines": [ 63.43902, 63.106142, 62.974812, 62.882855 ] }, { "date": "2025-08-22", "close": 69.568982, "volume": 33518387, "typical_volume": 43424623.1, "trend": 62.546503, "fair_value": 64.577243, "relative_strength": 8.373594, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.095986, "energy": 59.06996, "activity_lines": [ 65.90417, 64.22862, 63.597835, 63.373437 ] }, { "date": "2025-08-29", "close": 71.374068, "volume": 25198392, "typical_volume": 40493542.85, "trend": 63.126741, "fair_value": 64.478806, "relative_strength": 10.914927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.19156, "energy": 78.599228, "activity_lines": [ 68.320058, 65.598282, 64.351145, 63.942957 ] }, { "date": "2025-09-05", "close": 71.988773, "volume": 25757308, "typical_volume": 39471612.6, "trend": 63.806139, "fair_value": 64.369159, "relative_strength": 11.271709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.004983, "energy": 84.058636, "activity_lines": [ 70.130998, 66.950258, 65.139394, 64.514701 ] }, { "date": "2025-09-12", "close": 73.159639, "volume": 51739027, "typical_volume": 39974121.35, "trend": 64.148097, "fair_value": 64.26752, "relative_strength": 11.036979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.869621, "energy": 85.816248, "activity_lines": [ 71.596532, 68.408186, 66.002522, 65.118153 ] }, { "date": "2025-09-19", "close": 73.101096, "volume": 37360474, "typical_volume": 38605163.8, "trend": 64.562952, "fair_value": 64.186249, "relative_strength": 9.289882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.971912, "energy": 82.800245, "activity_lines": [ 72.428498, 69.708647, 66.811922, 65.695766 ] }, { "date": "2025-09-26", "close": 73.930459, "volume": 31810975, "typical_volume": 38035437.5, "trend": 64.934107, "fair_value": 64.126954, "relative_strength": 10.627117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.417858, "energy": 78.990871, "activity_lines": [ 73.125814, 70.967635, 67.662271, 66.300121 ] }, { "date": "2025-10-03", "close": 75.608701, "volume": 36986026, "typical_volume": 36145906.6, "trend": 65.341775, "fair_value": 64.118225, "relative_strength": 11.750359, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.172794, "energy": 71.489998, "activity_lines": [ 74.091779, 72.274925, 68.628215, 66.988804 ] }, { "date": "2025-10-10", "close": 76.008747, "volume": 29857702, "typical_volume": 35657955.7, "trend": 65.783481, "fair_value": 64.10619, "relative_strength": 14.955944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.534054, "energy": 64.113958, "activity_lines": [ 74.908783, 73.35709, 69.559621, 67.676996 ] }, { "date": "2025-10-17", "close": 80.516583, "volume": 47257795, "typical_volume": 35993858.05, "trend": 66.331813, "fair_value": 64.100797, "relative_strength": 19.153248, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.703524, "energy": 78.416284, "activity_lines": [ 76.960401, 74.985126, 70.837988, 68.627519 ] }, { "date": "2025-10-24", "close": 80.596646, "volume": 29953473, "typical_volume": 36049064.0, "trend": 66.879948, "fair_value": 64.087649, "relative_strength": 16.43867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.935394, "energy": 84.817391, "activity_lines": [ 78.548244, 76.326488, 72.034912, 69.547831 ] }, { "date": "2025-10-31", "close": 76.878162, "volume": 54566318, "typical_volume": 37239329.7, "trend": 67.414971, "fair_value": 64.02046, "relative_strength": 9.883166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.030367, "energy": 69.17115, "activity_lines": [ 78.396889, 76.743359, 72.786131, 70.192877 ] }, { "date": "2025-11-07", "close": 77.704492, "volume": 31483066, "typical_volume": 37277868.7, "trend": 67.791216, "fair_value": 63.969873, "relative_strength": 12.328933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.184556, "energy": 60.863759, "activity_lines": [ 78.324464, 77.177578, 73.560025, 70.856717 ] }, { "date": "2025-11-14", "close": 76.543696, "volume": 34595125, "typical_volume": 37071265.5, "trend": 68.199475, "fair_value": 63.912971, "relative_strength": 9.935631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.919848, "energy": 49.819879, "activity_lines": [ 77.725387, 77.285645, 74.159318, 71.421393 ] }, { "date": "2025-11-21", "close": 76.760115, "volume": 34046371, "typical_volume": 37457998.6, "trend": 68.656554, "fair_value": 63.835462, "relative_strength": 11.918019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.669628, "energy": 36.319757, "activity_lines": [ 77.162787, 77.350243, 74.729527, 71.973692 ] }, { "date": "2025-11-28", "close": 79.052196, "volume": 24844715, "typical_volume": 37181272.95, "trend": 69.121184, "fair_value": 63.765222, "relative_strength": 10.725987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.176036, "energy": 39.175593, "activity_lines": [ 77.614645, 77.766121, 75.462429, 72.644379 ] }, { "date": "2025-12-05", "close": 74.399174, "volume": 39260917, "typical_volume": 37413526.9, "trend": 69.446478, "fair_value": 63.670386, "relative_strength": 3.447676, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.326675, "energy": 26.495238, "activity_lines": [ 76.618459, 77.227792, 75.673494, 72.984894 ] }, { "date": "2025-12-12", "close": 78.127494, "volume": 53170254, "typical_volume": 37948217.25, "trend": 70.038901, "fair_value": 63.634323, "relative_strength": 8.530754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.846079, "energy": 29.048436, "activity_lines": [ 77.030312, 77.358818, 76.170138, 73.54496 ] }, { "date": "2025-12-19", "close": 76.45516, "volume": 35178832, "typical_volume": 36000957.25, "trend": 70.630276, "fair_value": 63.598171, "relative_strength": 5.301598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.044268, "energy": 25.380912, "activity_lines": [ 76.85652, 77.139987, 76.417507, 73.958912 ] }, { "date": "2025-12-26", "close": 78.314402, "volume": 14813429, "typical_volume": 35081756.6, "trend": 71.180347, "fair_value": 63.576017, "relative_strength": 5.543547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.893903, "energy": 28.628036, "activity_lines": [ 77.308378, 77.251084, 76.768128, 74.454662 ] }, { "date": "2026-01-02", "close": 78.825939, "volume": 16376170, "typical_volume": 34388737.8, "trend": 71.762269, "fair_value": 63.566087, "relative_strength": 6.551156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.912771, "energy": 35.044683, "activity_lines": [ 77.82713, 77.495227, 77.09906, 74.947926 ] }, { "date": "2026-01-09", "close": 78.993173, "volume": 39821505, "typical_volume": 34703893.7, "trend": 72.224932, "fair_value": 63.566677, "relative_strength": 4.454128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.714066, "energy": 34.575187, "activity_lines": [ 78.416709, 77.80197, 77.389293, 75.414436 ] }, { "date": "2026-01-16", "close": 77.320839, "volume": 40010473, "typical_volume": 35444497.75, "trend": 72.660484, "fair_value": 63.569588, "relative_strength": 2.099737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.260941, "energy": 31.942288, "activity_lines": [ 78.142578, 77.766198, 77.475379, 75.743204 ] }, { "date": "2026-01-23", "close": 82.315858, "volume": 33202400, "typical_volume": 35816752.35, "trend": 73.200764, "fair_value": 63.6001, "relative_strength": 8.455917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.323561, "energy": 45.902022, "activity_lines": [ 79.58723, 78.645587, 78.008863, 76.366132 ] }, { "date": "2026-01-30", "close": 73.896853, "volume": 87776309, "typical_volume": 37618616.45, "trend": 73.494514, "fair_value": 63.588029, "relative_strength": -3.293522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.584166, "energy": 15.129896, "activity_lines": [ 77.834833, 77.8893, 77.691361, 76.411041 ] }, { "date": "2026-02-06", "close": 77.694826, "volume": 44705604, "typical_volume": 37985872.95, "trend": 74.000125, "fair_value": 63.578271, "relative_strength": 1.42348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.415821, "energy": 14.96344, "activity_lines": [ 77.642931, 77.875612, 77.732059, 76.682028 ] }, { "date": "2026-02-13", "close": 77.823738, "volume": 49253787, "typical_volume": 38858013.55, "trend": 74.600762, "fair_value": 63.575457, "relative_strength": 2.739368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.565704, "energy": 14.089364, "activity_lines": [ 77.569407, 77.910042, 77.763161, 76.928713 ] }, { "date": "2026-02-20", "close": 76.048707, "volume": 22531609, "typical_volume": 38135292.7, "trend": 75.161508, "fair_value": 63.577179, "relative_strength": -0.859945, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.395963, "energy": 9.660508, "activity_lines": [ 76.982169, 77.559475, 77.606672, 77.022129 ] }, { "date": "2026-02-27", "close": 79.231864, "volume": 47843273, "typical_volume": 39034571.25, "trend": 75.770791, "fair_value": 63.621734, "relative_strength": 3.654028, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.491061, "energy": 13.841492, "activity_lines": [ 77.540791, 77.825459, 77.751245, 77.284733 ] }, { "date": "2026-03-06", "close": 77.268421, "volume": 43580269, "typical_volume": 38850694.95, "trend": 76.214778, "fair_value": 63.680379, "relative_strength": 3.067794, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.602204, "energy": 6.732743, "activity_lines": [ 77.650532, 77.683968, 77.693476, 77.381354 ] }, { "date": "2026-03-13", "close": 75.49339, "volume": 31143513, "typical_volume": 38910196.95, "trend": 76.500073, "fair_value": 63.743107, "relative_strength": 2.213541, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.088034, "energy": 4.960062, "activity_lines": [ 76.943825, 77.238763, 77.482124, 77.334813 ] }, { "date": "2026-03-20", "close": 70.882273, "volume": 48769650, "typical_volume": 38620363.55, "trend": 76.543849, "fair_value": 63.782563, "relative_strength": -2.175858, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.82095, "energy": 34.440941, "activity_lines": [ 74.846842, 76.015764, 76.855919, 76.972374 ] }, { "date": "2026-03-27", "close": 69.493981, "volume": 32282997, "typical_volume": 38660360.1, "trend": 76.48118, "fair_value": 63.807173, "relative_strength": -1.780277, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.830094, "energy": 52.303917, "activity_lines": [ 72.749858, 74.687819, 76.126048, 76.517544 ] }, { "date": "2026-04-03", "close": 72.875466, "volume": 26159421, "typical_volume": 38238574.9, "trend": 76.510736, "fair_value": 63.835165, "relative_strength": -0.232293, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.511778, "energy": 59.128104, "activity_lines": [ 72.217018, 74.116996, 75.75732, 76.284917 ] }, { "date": "2026-04-10", "close": 78.666631, "volume": 40148690, "typical_volume": 38543690.85, "trend": 76.694303, "fair_value": 63.916365, "relative_strength": 4.131002, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.871206, "energy": 39.7037, "activity_lines": [ 74.038327, 74.770756, 75.9576, 76.424007 ] }, { "date": "2026-04-17", "close": 76.653606, "volume": 40759088, "typical_volume": 39339409.5, "trend": 76.81272, "fair_value": 63.991788, "relative_strength": -2.654607, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.351238, "energy": 16.523495, "activity_lines": [ 75.095412, 74.971788, 75.957085, 76.421381 ] }, { "date": "2026-04-24", "close": 77.94, "volume": 36422048, "typical_volume": 39197466.05, "trend": 76.946371, "fair_value": 64.072774, "relative_strength": -1.434222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.691358, "energy": 13.849423, "activity_lines": [ 76.503949, 75.425641, 76.090505, 76.494109 ] }, { "date": "2026-05-01", "close": 82.09, "volume": 34925615, "typical_volume": 38285234.1, "trend": 77.162414, "fair_value": 64.19538, "relative_strength": 2.88838, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.726959, "energy": 27.955294, "activity_lines": [ 78.825303, 76.631926, 76.602302, 76.825956 ] }, { "date": "2026-05-08", "close": 90.55, "volume": 48416973, "typical_volume": 38947141.15, "trend": 77.647123, "fair_value": 64.384209, "relative_strength": 10.747954, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 85.03596, "energy": 74.040324, "activity_lines": [ 83.126923, 79.266551, 77.900944, 77.689671 ] }, { "date": "2026-05-15", "close": 95.89, "volume": 55477612, "typical_volume": 40980350.3, "trend": 78.15957, "fair_value": 64.6027, "relative_strength": 16.487738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.743626, "energy": 89.060995, "activity_lines": [ 88.03024, 82.666301, 79.641039, 78.866631 ] }, { "date": "2026-05-22", "close": 93.26, "volume": 39294399, "typical_volume": 42126261.75, "trend": 78.581682, "fair_value": 64.814269, "relative_strength": 11.874603, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.491923, "energy": 88.720766, "activity_lines": [ 90.908667, 85.249294, 81.046965, 79.840853 ] }, { "date": "2026-05-29", "close": 90.98, "volume": 27659674, "typical_volume": 41518170.2, "trend": 79.051743, "fair_value": 64.997803, "relative_strength": 7.31367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.609664, "energy": 86.338924, "activity_lines": [ 91.92, 87.094713, 82.167015, 80.640744 ] }, { "date": "2026-06-05", "close": 95.93, "volume": 40431947, "typical_volume": 41539243.9, "trend": 79.65926, "fair_value": 65.20296, "relative_strength": 15.531889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.967297, "energy": 89.388508, "activity_lines": [ 93.712, 89.474719, 83.701412, 81.729664 ] }, { "date": "2026-06-12", "close": 101.96, "volume": 46285381, "typical_volume": 42193392.95, "trend": 80.50647, "fair_value": 65.469841, "relative_strength": 21.535294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.232956, "energy": 90.603936, "activity_lines": [ 96.591333, 92.470434, 85.721481, 83.168421 ] }, { "date": "2026-06-19", "close": 97.712099, "volume": 40132371, "typical_volume": 39811196.05, "trend": 81.20487, "fair_value": 65.698756, "relative_strength": 14.97942, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.772542, "energy": 77.642658, "activity_lines": [ 97.294033, 94.164993, 87.243444, 84.278462 ] }, { "date": "2026-06-26", "close": 103.694878, "volume": 43348340, "typical_volume": 39743332.85, "trend": 82.026292, "fair_value": 65.968706, "relative_strength": 24.285887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.595974, "energy": 80.730061, "activity_lines": [ 99.869519, 96.601049, 89.221789, 85.72943 ] }, { "date": "2026-07-03", "close": 104.072528, "volume": 23443045, "typical_volume": 38452795.75, "trend": 83.015404, "fair_value": 66.240849, "relative_strength": 21.390117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.319854, "energy": 81.926167, "activity_lines": [ 101.87523, 98.614109, 91.112292, 87.151768 ] }, { "date": "2026-07-10", "close": 103.506053, "volume": 33274147, "typical_volume": 38989922.65, "trend": 83.861356, "fair_value": 66.49674, "relative_strength": 18.396289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.481492, "energy": 77.505215, "activity_lines": [ 102.819281, 100.049036, 92.82385, 88.473745 ] }, { "date": "2026-07-17", "close": 106.805526, "volume": 44233931, "typical_volume": 38809455.55, "trend": 84.873035, "fair_value": 66.749362, "relative_strength": 23.118872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.752918, "energy": 80.030498, "activity_lines": [ 104.358085, 101.694485, 94.718894, 89.954014 ] }, { "date": "2026-07-24", "close": 107.74, "volume": 37215830, "typical_volume": 38491233.6, "trend": 85.853888, "fair_value": 67.010506, "relative_strength": 23.871298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.14723, "energy": 76.428316, "activity_lines": [ 105.885346, 103.214284, 96.571633, 91.429302 ] }, { "date": "2026-07-31", "close": 104.43, "volume": 37077665, "typical_volume": 38787941.2, "trend": 86.707357, "fair_value": 67.260334, "relative_strength": 17.979917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.070073, "energy": 63.486472, "activity_lines": [ 105.640747, 103.91681, 97.964031, 92.627761 ] }, { "date": "2026-08-07", "close": 95.7, "volume": 54107552, "typical_volume": 39054836.3, "trend": 87.264251, "fair_value": 67.442803, "relative_strength": 4.073207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.010333, "energy": 47.281933, "activity_lines": [ 102.43714, 102.828972, 98.387207, 93.207932 ] } ], "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." } } }