{ "ticker": { "uuid": "15cafee2-e048-4e1a-bc88-c3de34f67bd1", "symbol": "VLO", "name": "Valero Energy Corporation", "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": 67.188, "architecture_energy": 84.543, "architecture_maturity": 76.943, "architecture_confidence": 85.953, "architecture_tenure": "Extended", "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": 4.54, "rotation_up": 78.92, "upward_expansion": 96.49, "deceleration": 42.0, "rotation_down": 9.03, "downward_expansion": 20.83 }, "activity_lines": [ 302.91564, 289.021654, 271.412983, 259.557693 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 298.31, "trend_reference": 241.196535, "distance_from_trend": 0.236792, "trend_direction": "Improving", "fair_value": 156.886719, "distance_from_fair_value": 0.901436, "fair_value_direction": "Improving", "relative_strength": 28.900827, "relative_strength_direction": "Improving", "price_momentum": 0.479153, "excess_performance": 0.353528, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.236792, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.173657, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.901436, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.228304, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.289008, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.053873, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.479153, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.540213, "read": "Demand-led" } ], "volume": { "latest": 16426768, "relative_activity": 1.091964, "balance": 1.540213, "dry_up": 0.965645, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.070541, "annualized_volatility": 0.340581, "from_high_reference": -0.064907, "from_low_reference": 1.321787 }, "levels": { "trend_reference": 241.196535, "fair_value_reference": 156.886719, "structural_low": 193.612216, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.046401, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.040251, "regime_survival": 0.766667, "best_return": 0.251502, "worst_return": -0.202629, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.088342, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.08374, "regime_survival": 0.5, "best_return": 0.284054, "worst_return": -0.208936, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.159068, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.030628, "regime_survival": 0.333333, "best_return": 0.628714, "worst_return": -0.168377, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.327326, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.225951, "regime_survival": 0.25, "best_return": 0.893348, "worst_return": -0.072283, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-19", "end": "2024-02-09", "tenure": "New", "return": 0.12486, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-16", "end": "2024-05-03", "tenure": "Developing", "return": 0.123979, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-08-09", "tenure": "Established", "return": -0.018818, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": -0.020625, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-01-24", "tenure": "Established", "return": 0.048425, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": -0.011429, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.29659, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.003267, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.049396, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.070501, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": 0.111184, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-12-19", "tenure": "Established", "return": 0.044756, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": 0.11859, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-08-07", "tenure": "Extended", "return": 0.612314, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 123.288536, "volume": 18205798, "typical_volume": 19785979.3, "trend": 113.351799, "fair_value": 81.902022, "relative_strength": 1.489373, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.392215, "energy": 68.183293, "activity_lines": [ 122.007896, 116.33662, 110.908931, 111.337948 ] }, { "date": "2023-08-25", "close": 122.863976, "volume": 18255549, "typical_volume": 19377465.1, "trend": 113.147217, "fair_value": 82.405362, "relative_strength": 0.301346, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.694814, "energy": 67.527673, "activity_lines": [ 122.994178, 118.26702, 112.222418, 111.951637 ] }, { "date": "2023-09-01", "close": 123.288536, "volume": 16043656, "typical_volume": 19504597.15, "trend": 113.301487, "fair_value": 82.930429, "relative_strength": -1.919035, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.307298, "energy": 63.94395, "activity_lines": [ 123.438055, 119.94193, 113.56416, 112.605916 ] }, { "date": "2023-09-08", "close": 131.115208, "volume": 14999569, "typical_volume": 19135939.45, "trend": 113.44641, "fair_value": 83.530679, "relative_strength": 5.337194, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.083566, "energy": 69.761239, "activity_lines": [ 126.149701, 122.651028, 115.633946, 113.755188 ] }, { "date": "2023-09-15", "close": 132.610397, "volume": 24819499, "typical_volume": 19036016.15, "trend": 113.94667, "fair_value": 84.1285, "relative_strength": 6.288169, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.409313, "energy": 72.675188, "activity_lines": [ 128.426328, 125.200712, 117.738664, 114.991574 ] }, { "date": "2023-09-22", "close": 134.077898, "volume": 23636615, "typical_volume": 19143817.4, "trend": 114.400876, "fair_value": 84.760532, "relative_strength": 10.221766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.56056, "energy": 77.819839, "activity_lines": [ 130.90785, 127.518478, 119.847126, 116.290363 ] }, { "date": "2023-09-29", "close": 130.792173, "volume": 19712234, "typical_volume": 19043511.8, "trend": 114.490893, "fair_value": 85.388022, "relative_strength": 8.008988, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.250571, "energy": 71.583425, "activity_lines": [ 131.57484, 128.690115, 121.466689, 117.347866 ] }, { "date": "2023-10-06", "close": 116.781692, "volume": 20197839, "typical_volume": 18943401.4, "trend": 114.386404, "fair_value": 85.910632, "relative_strength": -3.938258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.08662, "energy": 41.576463, "activity_lines": [ 127.043123, 126.983718, 121.606629, 117.49566 ] }, { "date": "2023-10-13", "close": 116.338673, "volume": 18597934, "typical_volume": 18817311.8, "trend": 114.442268, "fair_value": 86.448112, "relative_strength": -4.60577, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.292644, "energy": 20.493465, "activity_lines": [ 122.797523, 125.222046, 121.629044, 117.621612 ] }, { "date": "2023-10-20", "close": 121.07344, "volume": 14984742, "typical_volume": 18384892.3, "trend": 114.568548, "fair_value": 87.006881, "relative_strength": 1.863472, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.708353, "energy": 24.659347, "activity_lines": [ 121.115281, 124.335336, 122.044631, 118.04943 ] }, { "date": "2023-10-27", "close": 114.040511, "volume": 16385703, "typical_volume": 18139948.7, "trend": 114.147662, "fair_value": 87.537967, "relative_strength": -1.487155, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.488903, "energy": 21.835208, "activity_lines": [ 117.857859, 122.302147, 121.690273, 118.015363 ] }, { "date": "2023-11-03", "close": 116.689397, "volume": 17449044, "typical_volume": 17760580.0, "trend": 114.027091, "fair_value": 88.088311, "relative_strength": -4.49105, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.336536, "energy": 18.640185, "activity_lines": [ 116.819226, 120.918719, 121.539499, 118.179346 ] }, { "date": "2023-11-10", "close": 113.21908, "volume": 13512335, "typical_volume": 17602233.45, "trend": 113.812921, "fair_value": 88.550384, "relative_strength": -8.272488, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.454707, "energy": 18.936061, "activity_lines": [ 115.564005, 119.01659, 121.000492, 118.127216 ] }, { "date": "2023-11-17", "close": 115.506463, "volume": 15417142, "typical_volume": 17640703.1, "trend": 114.044898, "fair_value": 89.022874, "relative_strength": -8.143094, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.163696, "energy": 17.593643, "activity_lines": [ 115.308753, 117.713429, 120.62544, 118.236477 ] }, { "date": "2023-11-24", "close": 116.29754, "volume": 8530666, "typical_volume": 17417961.65, "trend": 114.45326, "fair_value": 89.469856, "relative_strength": -8.053815, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.462796, "energy": 18.642884, "activity_lines": [ 115.372673, 116.837896, 120.287105, 118.381809 ] }, { "date": "2023-12-01", "close": 117.619103, "volume": 14658187, "typical_volume": 17340018.1, "trend": 115.136445, "fair_value": 89.900794, "relative_strength": -7.589466, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.065788, "energy": 11.669484, "activity_lines": [ 116.195508, 116.499244, 120.021692, 118.586057 ] }, { "date": "2023-12-08", "close": 114.231434, "volume": 14887335, "typical_volume": 17277955.95, "trend": 115.601454, "fair_value": 90.321826, "relative_strength": -10.35022, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.752217, "energy": 8.670516, "activity_lines": [ 115.650547, 115.843904, 119.368306, 118.527669 ] }, { "date": "2023-12-15", "close": 119.657288, "volume": 25630731, "typical_volume": 17608123.2, "trend": 116.224642, "fair_value": 90.800098, "relative_strength": -8.101207, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.982722, "energy": 11.037251, "activity_lines": [ 117.078069, 116.476186, 119.223924, 118.789335 ] }, { "date": "2023-12-22", "close": 123.03565, "volume": 17085399, "typical_volume": 17561610.9, "trend": 116.852184, "fair_value": 91.29523, "relative_strength": -6.125723, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.232398, "energy": 20.100955, "activity_lines": [ 119.202497, 117.670433, 119.394216, 119.228755 ] }, { "date": "2023-12-29", "close": 120.988158, "volume": 6790246, "typical_volume": 16990011.15, "trend": 117.550337, "fair_value": 91.772544, "relative_strength": -7.697035, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 25.77771, "energy": 16.941299, "activity_lines": [ 120.142482, 118.370645, 119.341311, 119.495592 ] }, { "date": "2024-01-05", "close": 120.05748, "volume": 11243622, "typical_volume": 16641902.35, "trend": 118.09173, "fair_value": 92.237881, "relative_strength": -6.673892, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 25.637892, "energy": 20.01894, "activity_lines": [ 120.459533, 118.903194, 119.234808, 119.657344 ] }, { "date": "2024-01-12", "close": 122.384175, "volume": 13408626, "typical_volume": 16399556.2, "trend": 118.685654, "fair_value": 92.715023, "relative_strength": -6.248397, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.062472, "energy": 25.945162, "activity_lines": [ 121.38959, 119.749379, 119.365281, 119.934276 ] }, { "date": "2024-01-19", "close": 119.27571, "volume": 11814420, "typical_volume": 16188094.4, "trend": 119.264772, "fair_value": 93.166175, "relative_strength": -9.192561, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.335224, "energy": 12.768901, "activity_lines": [ 120.739977, 119.926846, 119.201995, 119.972344 ] }, { "date": "2024-01-26", "close": 128.349822, "volume": 19280783, "typical_volume": 16402155.1, "trend": 119.963248, "fair_value": 93.691418, "relative_strength": -2.874253, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.922687, "energy": 34.002028, "activity_lines": [ 123.140506, 121.644032, 119.922019, 120.558476 ] }, { "date": "2024-02-02", "close": 129.282279, "volume": 20376838, "typical_volume": 16180022.05, "trend": 120.766661, "fair_value": 94.194747, "relative_strength": -3.331885, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 39.756505, "energy": 46.412442, "activity_lines": [ 125.497576, 123.29724, 120.744016, 121.159704 ] }, { "date": "2024-02-09", "close": 134.168464, "volume": 20225681, "typical_volume": 16009475.35, "trend": 121.775673, "fair_value": 94.708338, "relative_strength": -0.712547, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.25676, "energy": 68.875618, "activity_lines": [ 128.930433, 125.602759, 122.047213, 122.024336 ] }, { "date": "2024-02-16", "close": 130.867241, "volume": 15373064, "typical_volume": 15792516.85, "trend": 122.384411, "fair_value": 95.16443, "relative_strength": -2.611172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.601862, "energy": 70.153747, "activity_lines": [ 130.32215, 127.007158, 123.035576, 122.610889 ] }, { "date": "2024-02-23", "close": 132.78045, "volume": 13179655, "typical_volume": 15441607.65, "trend": 122.871369, "fair_value": 95.603621, "relative_strength": -2.481947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.326859, "energy": 70.574916, "activity_lines": [ 131.786066, 128.456944, 124.205793, 123.281601 ] }, { "date": "2024-03-01", "close": 134.374791, "volume": 16520204, "typical_volume": 15337721.15, "trend": 123.44673, "fair_value": 96.04206, "relative_strength": -1.852579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.848939, "energy": 68.709755, "activity_lines": [ 132.881112, 129.958007, 125.451666, 124.023757 ] }, { "date": "2024-03-08", "close": 140.236338, "volume": 15560070, "typical_volume": 15366487.55, "trend": 123.843063, "fair_value": 96.499932, "relative_strength": 2.96228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.608902, "energy": 71.713335, "activity_lines": [ 135.528343, 132.31864, 127.169896, 125.106958 ] }, { "date": "2024-03-15", "close": 153.525637, "volume": 23167920, "typical_volume": 15705598.4, "trend": 124.850967, "fair_value": 97.089657, "relative_strength": 12.761376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.73131, "energy": 87.489088, "activity_lines": [ 141.87507, 136.745542, 130.062522, 127.021963 ] }, { "date": "2024-03-22", "close": 159.096451, "volume": 19537355, "typical_volume": 15810013.95, "trend": 126.058716, "fair_value": 97.71825, "relative_strength": 14.264107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.863942, "energy": 95.205097, "activity_lines": [ 148.788257, 141.576808, 133.297677, 129.231349 ] }, { "date": "2024-03-29", "close": 160.081191, "volume": 12217934, "typical_volume": 15745293.9, "trend": 127.285138, "fair_value": 98.341436, "relative_strength": 14.627465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.96842, "energy": 93.821111, "activity_lines": [ 154.147742, 145.919621, 136.424678, 131.426347 ] }, { "date": "2024-04-05", "close": 171.991854, "volume": 15612366, "typical_volume": 15755055.1, "trend": 128.647693, "fair_value": 99.063502, "relative_strength": 23.959694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.462923, "energy": 96.458022, "activity_lines": [ 161.6574, 151.686092, 140.462875, 134.310651 ] }, { "date": "2024-04-12", "close": 162.754056, "volume": 14368393, "typical_volume": 16046941.45, "trend": 129.652481, "fair_value": 99.718806, "relative_strength": 18.834812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.14477, "energy": 87.674651, "activity_lines": [ 163.579987, 154.979471, 143.352304, 136.511062 ] }, { "date": "2024-04-19", "close": 153.703828, "volume": 12562508, "typical_volume": 15942157.5, "trend": 130.306679, "fair_value": 100.328511, "relative_strength": 15.424886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.959914, "energy": 67.619619, "activity_lines": [ 160.984651, 156.018777, 145.158585, 138.062762 ] }, { "date": "2024-04-26", "close": 155.495117, "volume": 11814596, "typical_volume": 15788520.55, "trend": 131.13011, "fair_value": 100.92947, "relative_strength": 13.337854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.413249, "energy": 61.375627, "activity_lines": [ 158.974531, 157.028583, 146.963633, 139.687822 ] }, { "date": "2024-05-03", "close": 147.092003, "volume": 14979596, "typical_volume": 15255963.8, "trend": 132.140454, "fair_value": 101.441617, "relative_strength": 6.207727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.325216, "energy": 38.788006, "activity_lines": [ 154.403462, 156.06277, 147.77189, 140.717622 ] }, { "date": "2024-05-10", "close": 146.426131, "volume": 10885978, "typical_volume": 14945992.75, "trend": 133.143369, "fair_value": 101.940397, "relative_strength": 3.538849, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.039442, "energy": 28.265119, "activity_lines": [ 150.476382, 154.71568, 148.38609, 141.639278 ] }, { "date": "2024-05-17", "close": 155.738957, "volume": 13442400, "typical_volume": 15278600.45, "trend": 134.298887, "fair_value": 102.520594, "relative_strength": 7.954974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.99655, "energy": 25.443986, "activity_lines": [ 151.357959, 154.842716, 149.775842, 143.097058 ] }, { "date": "2024-05-24", "close": 152.325192, "volume": 11852029, "typical_volume": 15309020.8, "trend": 135.575043, "fair_value": 103.061576, "relative_strength": 5.323088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.057543, "energy": 23.016523, "activity_lines": [ 151.569287, 154.067201, 150.674994, 144.260046 ] }, { "date": "2024-05-31", "close": 148.418351, "volume": 14559504, "typical_volume": 15366564.7, "trend": 136.632674, "fair_value": 103.562133, "relative_strength": 2.70473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.342426, "energy": 18.806836, "activity_lines": [ 150.570244, 152.603178, 151.04841, 145.088646 ] }, { "date": "2024-06-07", "close": 145.858762, "volume": 11784703, "typical_volume": 15365078.85, "trend": 137.720664, "fair_value": 104.056843, "relative_strength": -0.517936, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.885581, "energy": 13.972373, "activity_lines": [ 149.189789, 150.867922, 151.054083, 145.683878 ] }, { "date": "2024-06-14", "close": 141.740753, "volume": 13473130, "typical_volume": 15074696.2, "trend": 138.59514, "fair_value": 104.553699, "relative_strength": -5.025812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.336108, "energy": 11.489825, "activity_lines": [ 146.51888, 148.642527, 150.540979, 145.943238 ] }, { "date": "2024-06-21", "close": 141.872982, "volume": 14688224, "typical_volume": 14790265.5, "trend": 139.447655, "fair_value": 105.018527, "relative_strength": -5.689143, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.865375, "energy": 16.243645, "activity_lines": [ 144.204407, 146.991194, 149.976702, 146.154712 ] }, { "date": "2024-06-28", "close": 148.059441, "volume": 17996657, "typical_volume": 14678814.3, "trend": 140.462333, "fair_value": 105.544784, "relative_strength": -1.704682, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.569755, "energy": 15.714171, "activity_lines": [ 144.876484, 146.844328, 149.941655, 146.710311 ] }, { "date": "2024-07-05", "close": 144.300341, "volume": 9029863, "typical_volume": 14361654.25, "trend": 141.46463, "fair_value": 106.078196, "relative_strength": -6.110744, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.715547, "energy": 15.295338, "activity_lines": [ 144.579912, 146.116613, 149.482452, 146.957924 ] }, { "date": "2024-07-12", "close": 139.710083, "volume": 12610133, "typical_volume": 14333178.15, "trend": 142.133056, "fair_value": 106.622371, "relative_strength": -10.059363, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.060403, "energy": 21.272962, "activity_lines": [ 143.027788, 144.757848, 148.522114, 146.844728 ] }, { "date": "2024-07-19", "close": 140.097327, "volume": 13020793, "typical_volume": 14158207.6, "trend": 142.701779, "fair_value": 107.175366, "relative_strength": -8.019923, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.734156, "energy": 22.673712, "activity_lines": [ 142.014657, 143.603708, 147.565658, 146.71339 ] }, { "date": "2024-07-26", "close": 150.288456, "volume": 15332848, "typical_volume": 14146846.5, "trend": 143.678455, "fair_value": 107.776032, "relative_strength": -0.599314, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.804469, "energy": 15.055731, "activity_lines": [ 144.508131, 144.417569, 147.552536, 147.202854 ] }, { "date": "2024-08-02", "close": 141.274207, "volume": 14271365, "typical_volume": 13702018.75, "trend": 144.38568, "fair_value": 108.315959, "relative_strength": -4.533327, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.118966, "energy": 18.08837, "activity_lines": [ 143.435823, 143.691576, 146.633047, 147.047741 ] }, { "date": "2024-08-09", "close": 143.670619, "volume": 10901295, "typical_volume": 13270215.75, "trend": 145.095228, "fair_value": 108.872623, "relative_strength": -2.778898, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.291125, "energy": 9.022154, "activity_lines": [ 143.614669, 143.602221, 146.000127, 147.001608 ] }, { "date": "2024-08-16", "close": 142.472413, "volume": 10737267, "typical_volume": 13196182.4, "trend": 145.868451, "fair_value": 109.454875, "relative_strength": -7.108489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.791441, "energy": 8.201122, "activity_lines": [ 143.436093, 143.381333, 145.326549, 146.832394 ] }, { "date": "2024-08-23", "close": 138.716132, "volume": 12119332, "typical_volume": 13021530.7, "trend": 146.213995, "fair_value": 109.975051, "relative_strength": -10.589466, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.016196, "energy": 27.356585, "activity_lines": [ 141.821269, 142.539055, 144.379081, 146.370954 ] }, { "date": "2024-08-30", "close": 139.533955, "volume": 12556938, "typical_volume": 12930957.95, "trend": 146.555717, "fair_value": 110.513721, "relative_strength": -10.124565, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.909547, "energy": 39.438187, "activity_lines": [ 140.571132, 141.900465, 143.667957, 145.939984 ] }, { "date": "2024-09-06", "close": 127.608952, "volume": 12556500, "typical_volume": 12930657.55, "trend": 146.337067, "fair_value": 110.983042, "relative_strength": -13.883903, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.49029, "energy": 64.508261, "activity_lines": [ 136.062961, 139.13622, 141.93169, 144.717612 ] }, { "date": "2024-09-13", "close": 127.675519, "volume": 15557947, "typical_volume": 13117825.1, "trend": 146.230676, "fair_value": 111.440748, "relative_strength": -16.719826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.421805, "energy": 72.02341, "activity_lines": [ 132.487996, 136.755906, 140.326025, 143.513641 ] }, { "date": "2024-09-20", "close": 127.86571, "volume": 17266567, "typical_volume": 13232173.65, "trend": 146.066852, "fair_value": 111.88851, "relative_strength": -17.236595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.641986, "energy": 72.971371, "activity_lines": [ 130.042768, 134.712441, 138.870947, 142.328804 ] }, { "date": "2024-09-27", "close": 129.301655, "volume": 18121483, "typical_volume": 13593948.9, "trend": 145.897747, "fair_value": 112.312539, "relative_strength": -16.282214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.251774, "energy": 70.744732, "activity_lines": [ 129.049969, 133.14541, 137.644179, 141.247179 ] }, { "date": "2024-10-04", "close": 135.43533, "volume": 17016811, "typical_volume": 13772669.45, "trend": 145.737714, "fair_value": 112.748501, "relative_strength": -12.297409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.505974, "energy": 48.75762, "activity_lines": [ 130.729359, 132.889876, 137.083116, 140.572184 ] }, { "date": "2024-10-11", "close": 135.359253, "volume": 12466120, "typical_volume": 13803374.0, "trend": 145.132167, "fair_value": 113.183646, "relative_strength": -13.098516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.746474, "energy": 33.387144, "activity_lines": [ 132.656633, 132.890568, 136.611492, 139.902606 ] }, { "date": "2024-10-18", "close": 130.31918, "volume": 10553421, "typical_volume": 13603069.85, "trend": 144.172925, "fair_value": 113.573671, "relative_strength": -16.643136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.262727, "energy": 27.736842, "activity_lines": [ 132.387195, 132.082427, 135.740651, 138.946929 ] }, { "date": "2024-10-25", "close": 125.906738, "volume": 13622650, "typical_volume": 13694967.2, "trend": 143.033777, "fair_value": 113.955536, "relative_strength": -18.317599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.732801, "energy": 35.575482, "activity_lines": [ 130.470699, 130.714778, 134.535764, 137.768466 ] }, { "date": "2024-11-01", "close": 121.931737, "volume": 14096529, "typical_volume": 13726137.15, "trend": 141.365106, "fair_value": 114.308676, "relative_strength": -19.447433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.862636, "energy": 51.457553, "activity_lines": [ 127.359801, 128.925595, 133.047315, 136.407044 ] }, { "date": "2024-11-08", "close": 129.986345, "volume": 12031010, "typical_volume": 13593276.45, "trend": 140.272849, "fair_value": 114.720817, "relative_strength": -17.766412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.060488, "energy": 53.076584, "activity_lines": [ 127.4251, 128.906057, 132.4203, 135.67293 ] }, { "date": "2024-11-15", "close": 133.286166, "volume": 10562794, "typical_volume": 13221583.3, "trend": 139.59226, "fair_value": 115.19034, "relative_strength": -13.686046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.694399, "energy": 38.567107, "activity_lines": [ 128.953605, 129.66008, 132.164156, 135.222176 ] }, { "date": "2024-11-22", "close": 135.014819, "volume": 11692183, "typical_volume": 13354699.3, "trend": 138.909584, "fair_value": 115.67685, "relative_strength": -13.797262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.12961, "energy": 22.119577, "activity_lines": [ 131.196534, 130.625181, 132.142996, 134.926858 ] }, { "date": "2024-11-29", "close": 133.261379, "volume": 9427354, "typical_volume": 13195560.35, "trend": 138.448563, "fair_value": 116.142648, "relative_strength": -15.67344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.540464, "energy": 18.561744, "activity_lines": [ 132.54194, 131.138033, 131.999058, 134.562457 ] }, { "date": "2024-12-06", "close": 126.017663, "volume": 11862363, "typical_volume": 13137638.85, "trend": 137.768281, "fair_value": 116.555659, "relative_strength": -20.689923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.398927, "energy": 21.359421, "activity_lines": [ 130.982464, 130.235743, 131.19595, 133.760464 ] }, { "date": "2024-12-13", "close": 123.737234, "volume": 11520294, "typical_volume": 12947011.15, "trend": 136.701556, "fair_value": 116.966088, "relative_strength": -21.356982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.575671, "energy": 31.229993, "activity_lines": [ 128.390451, 128.978538, 130.242704, 132.855235 ] }, { "date": "2024-12-20", "close": 113.628609, "volume": 25062945, "typical_volume": 13486590.15, "trend": 135.41167, "fair_value": 117.294779, "relative_strength": -26.045002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.965853, "energy": 68.605481, "activity_lines": [ 122.845503, 126.096094, 128.453167, 131.366658 ] }, { "date": "2024-12-27", "close": 114.577191, "volume": 7584879, "typical_volume": 13320769.35, "trend": 134.283632, "fair_value": 117.610716, "relative_strength": -25.551996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.202415, "energy": 78.691868, "activity_lines": [ 118.927253, 123.781222, 126.885617, 130.022498 ] }, { "date": "2025-01-03", "close": 119.061396, "volume": 9619685, "typical_volume": 13264890.25, "trend": 133.390386, "fair_value": 117.922577, "relative_strength": -21.897372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.495559, "energy": 76.406606, "activity_lines": [ 117.866247, 122.567878, 125.883674, 129.040418 ] }, { "date": "2025-01-10", "close": 121.830489, "volume": 10253949, "typical_volume": 13171621.1, "trend": 132.726711, "fair_value": 118.228785, "relative_strength": -18.196727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.317385, "energy": 71.81957, "activity_lines": [ 118.674937, 121.982466, 125.256935, 128.294618 ] }, { "date": "2025-01-17", "close": 135.148961, "volume": 18218216, "typical_volume": 13454685.0, "trend": 132.502577, "fair_value": 118.653301, "relative_strength": -11.688726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.316805, "energy": 18.758663, "activity_lines": [ 124.202263, 123.820435, 125.979029, 128.450892 ] }, { "date": "2025-01-24", "close": 133.788369, "volume": 13424371, "typical_volume": 13498078.55, "trend": 132.026874, "fair_value": 119.057281, "relative_strength": -13.769747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.348087, "energy": 15.669905, "activity_lines": [ 128.515276, 125.317158, 126.592425, 128.533847 ] }, { "date": "2025-01-31", "close": 128.499121, "volume": 15584873, "typical_volume": 13499424.85, "trend": 131.500167, "fair_value": 119.392412, "relative_strength": -16.007423, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.894293, "energy": 23.556622, "activity_lines": [ 129.721223, 125.843069, 126.672657, 128.30625 ] }, { "date": "2025-02-07", "close": 128.576414, "volume": 17476131, "typical_volume": 13509903.05, "trend": 131.129045, "fair_value": 119.698171, "relative_strength": -15.444733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.830013, "energy": 23.265009, "activity_lines": [ 130.024805, 126.501501, 126.756328, 128.117621 ] }, { "date": "2025-02-14", "close": 130.730948, "volume": 15863593, "typical_volume": 13397008.55, "trend": 130.816832, "fair_value": 120.047496, "relative_strength": -14.957973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.69253, "energy": 14.558901, "activity_lines": [ 130.412231, 127.636847, 127.041808, 128.091937 ] }, { "date": "2025-02-21", "close": 130.180238, "volume": 11766672, "typical_volume": 13134501.6, "trend": 130.146558, "fair_value": 120.403717, "relative_strength": -13.623521, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.747808, "energy": 9.520258, "activity_lines": [ 130.022722, 128.586368, 127.268034, 128.050866 ] }, { "date": "2025-02-28", "close": 126.305941, "volume": 16459941, "typical_volume": 13334192.65, "trend": 129.647616, "fair_value": 120.728846, "relative_strength": -15.038335, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.441424, "energy": 11.296988, "activity_lines": [ 128.67303, 128.714325, 127.150303, 127.803085 ] }, { "date": "2025-03-07", "close": 122.557245, "volume": 21680710, "typical_volume": 13890557.1, "trend": 128.943837, "fair_value": 120.997881, "relative_strength": -14.520652, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.10495, "energy": 17.056456, "activity_lines": [ 126.572601, 127.930205, 126.718665, 127.345641 ] }, { "date": "2025-03-14", "close": 124.769748, "volume": 17024977, "typical_volume": 14060673.45, "trend": 128.353748, "fair_value": 121.288086, "relative_strength": -10.380335, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.766199, "energy": 18.976619, "activity_lines": [ 125.605798, 127.403266, 126.534703, 127.076345 ] }, { "date": "2025-03-21", "close": 127.059545, "volume": 20186972, "typical_volume": 14365195.6, "trend": 127.965195, "fair_value": 121.554537, "relative_strength": -8.6041, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.163969, "energy": 19.227382, "activity_lines": [ 125.656038, 127.188866, 126.574231, 126.992848 ] }, { "date": "2025-03-28", "close": 127.03056, "volume": 14578276, "typical_volume": 14492558.9, "trend": 127.548415, "fair_value": 121.798148, "relative_strength": -6.664676, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.205447, "energy": 16.954077, "activity_lines": [ 125.941377, 126.874122, 126.586581, 126.932549 ] }, { "date": "2025-04-04", "close": 101.147166, "volume": 24588040, "typical_volume": 15193821.2, "trend": 126.666356, "fair_value": 121.86485, "relative_strength": -17.391746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.932663, "energy": 62.854209, "activity_lines": [ 117.808896, 122.000913, 124.14792, 125.229243 ] }, { "date": "2025-04-11", "close": 106.95378, "volume": 28420697, "typical_volume": 16030246.9, "trend": 125.975631, "fair_value": 121.959533, "relative_strength": -16.527735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.738655, "energy": 67.039989, "activity_lines": [ 113.289205, 118.776929, 122.415313, 123.957464 ] }, { "date": "2025-04-18", "close": 106.335438, "volume": 12943644, "typical_volume": 16206061.4, "trend": 125.257955, "fair_value": 122.060452, "relative_strength": -15.058424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.552795, "energy": 73.267834, "activity_lines": [ 109.603632, 115.832252, 120.757441, 122.690355 ] }, { "date": "2025-04-25", "close": 110.016503, "volume": 16840828, "typical_volume": 16454984.65, "trend": 124.615117, "fair_value": 122.137462, "relative_strength": -15.230874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.836317, "energy": 71.893743, "activity_lines": [ 108.374033, 113.961242, 119.578364, 121.707035 ] }, { "date": "2025-05-02", "close": 114.905267, "volume": 14480601, "typical_volume": 16603000.0, "trend": 123.930781, "fair_value": 122.146065, "relative_strength": -13.355848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.858341, "energy": 57.206698, "activity_lines": [ 109.910226, 113.355724, 118.941081, 121.080593 ] }, { "date": "2025-05-09", "close": 118.769902, "volume": 14785344, "typical_volume": 16089119.95, "trend": 123.377803, "fair_value": 122.198969, "relative_strength": -9.505497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.888036, "energy": 32.816491, "activity_lines": [ 113.542983, 113.730593, 118.713915, 120.747633 ] }, { "date": "2025-05-16", "close": 131.146397, "volume": 14955494, "typical_volume": 16457650.7, "trend": 123.405377, "fair_value": 122.340981, "relative_strength": -4.487384, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.864272, "energy": 13.449911, "activity_lines": [ 120.126389, 116.492754, 119.64098, 121.248833 ] }, { "date": "2025-05-23", "close": 125.261251, "volume": 13565681, "typical_volume": 16654950.5, "trend": 123.383861, "fair_value": 122.395103, "relative_strength": -5.80797, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.294288, "energy": 21.537845, "activity_lines": [ 123.135239, 118.028721, 119.928654, 121.368567 ] }, { "date": "2025-05-30", "close": 125.670506, "volume": 11990191, "typical_volume": 16741762.6, "trend": 123.508486, "fair_value": 122.431339, "relative_strength": -6.586928, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.853919, "energy": 20.936593, "activity_lines": [ 125.018786, 119.630162, 120.225782, 121.516092 ] }, { "date": "2025-06-06", "close": 125.066367, "volume": 14046699, "typical_volume": 16533186.75, "trend": 123.344487, "fair_value": 122.434785, "relative_strength": -8.022953, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.004484, "energy": 24.171911, "activity_lines": [ 125.657354, 121.147015, 120.447087, 121.616601 ] }, { "date": "2025-06-13", "close": 130.679007, "volume": 13050802, "typical_volume": 16514508.3, "trend": 123.257582, "fair_value": 122.633681, "relative_strength": -3.176983, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.124972, "energy": 33.292933, "activity_lines": [ 127.489395, 123.72006, 121.250941, 122.089795 ] }, { "date": "2025-06-20", "close": 137.490179, "volume": 16031996, "typical_volume": 16536864.45, "trend": 123.340094, "fair_value": 122.924584, "relative_strength": 2.314888, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.944953, "energy": 45.871443, "activity_lines": [ 130.797886, 126.994558, 122.718285, 123.008027 ] }, { "date": "2025-06-27", "close": 131.244169, "volume": 19323516, "typical_volume": 16629233.7, "trend": 123.272853, "fair_value": 123.15244, "relative_strength": -5.109479, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.307311, "energy": 51.16342, "activity_lines": [ 131.601455, 128.57821, 123.547957, 123.517968 ] }, { "date": "2025-07-04", "close": 140.881148, "volume": 11744608, "typical_volume": 16423284.45, "trend": 123.768303, "fair_value": 123.447469, "relative_strength": 0.486698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.946214, "energy": 73.18242, "activity_lines": [ 135.218489, 131.461154, 125.282732, 124.653987 ] }, { "date": "2025-07-11", "close": 149.134457, "volume": 20253468, "typical_volume": 16847624.25, "trend": 124.614877, "fair_value": 123.809266, "relative_strength": 6.790088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.615405, "energy": 85.156518, "activity_lines": [ 140.572583, 135.283525, 127.755202, 126.290513 ] }, { "date": "2025-07-18", "close": 142.410982, "volume": 15035057, "typical_volume": 16776380.05, "trend": 125.57429, "fair_value": 124.131202, "relative_strength": 1.606512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.381522, "energy": 77.543813, "activity_lines": [ 142.08098, 137.261096, 129.497084, 127.438649 ] }, { "date": "2025-07-25", "close": 138.337921, "volume": 16873076, "typical_volume": 16535998.35, "trend": 126.366314, "fair_value": 124.38868, "relative_strength": -2.249685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.721066, "energy": 74.356809, "activity_lines": [ 141.449558, 138.068273, 130.774364, 128.262109 ] }, { "date": "2025-08-01", "close": 130.840772, "volume": 15897300, "typical_volume": 16479614.5, "trend": 126.75896, "fair_value": 124.625515, "relative_strength": -4.782446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.195815, "energy": 44.052082, "activity_lines": [ 138.26257, 137.381578, 131.262483, 128.550783 ] }, { "date": "2025-08-08", "close": 130.94884, "volume": 12088808, "typical_volume": 16074706.3, "trend": 127.062905, "fair_value": 124.804568, "relative_strength": -6.46754, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.462035, "energy": 24.381421, "activity_lines": [ 135.138498, 136.613085, 131.731986, 128.821098 ] }, { "date": "2025-08-15", "close": 134.397189, "volume": 9974285, "typical_volume": 15844506.75, "trend": 127.037846, "fair_value": 124.986464, "relative_strength": -4.509298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.85763, "energy": 23.954972, "activity_lines": [ 133.82603, 136.375595, 132.511382, 129.294278 ] }, { "date": "2025-08-22", "close": 142.816662, "volume": 9993845, "typical_volume": 15114797.0, "trend": 127.338789, "fair_value": 125.20324, "relative_strength": 1.433113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.282316, "energy": 26.168658, "activity_lines": [ 136.302537, 137.499267, 134.057553, 130.312266 ] }, { "date": "2025-08-29", "close": 149.340034, "volume": 11117018, "typical_volume": 14249613.05, "trend": 128.033486, "fair_value": 125.50804, "relative_strength": 6.287905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.849481, "energy": 45.797116, "activity_lines": [ 140.926456, 139.588322, 136.026572, 131.731701 ] }, { "date": "2025-09-05", "close": 154.016427, "volume": 11492800, "typical_volume": 14177070.85, "trend": 128.881486, "fair_value": 125.845682, "relative_strength": 9.256185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.253594, "energy": 76.889405, "activity_lines": [ 146.375698, 142.312178, 138.239122, 133.40802 ] }, { "date": "2025-09-12", "close": 153.967305, "volume": 14791386, "typical_volume": 14074598.75, "trend": 129.656032, "fair_value": 126.233803, "relative_strength": 7.491808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.826127, "energy": 81.425203, "activity_lines": [ 150.263523, 144.613062, 140.219942, 135.02646 ] }, { "date": "2025-09-19", "close": 159.763675, "volume": 18506267, "typical_volume": 14275882.05, "trend": 130.642146, "fair_value": 126.68138, "relative_strength": 10.051791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.555432, "energy": 87.228572, "activity_lines": [ 154.548907, 147.729901, 142.543507, 136.968889 ] }, { "date": "2025-09-26", "close": 172.545162, "volume": 17285903, "typical_volume": 14400910.0, "trend": 132.183453, "fair_value": 127.174888, "relative_strength": 18.862431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.705775, "energy": 94.729559, "activity_lines": [ 161.403688, 152.977389, 145.870745, 139.672309 ] }, { "date": "2025-10-03", "close": 157.582668, "volume": 15853151, "typical_volume": 14445792.85, "trend": 133.350968, "fair_value": 127.532754, "relative_strength": 7.391719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.512539, "energy": 79.843797, "activity_lines": [ 161.28907, 154.956529, 147.516912, 141.310968 ] }, { "date": "2025-10-10", "close": 155.244472, "volume": 9795903, "typical_volume": 14257303.95, "trend": 134.366792, "fair_value": 127.873682, "relative_strength": 8.408342, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.387586, "energy": 63.761048, "activity_lines": [ 159.845545, 156.160637, 148.814506, 142.723452 ] }, { "date": "2025-10-17", "close": 154.998863, "volume": 9902386, "typical_volume": 14152913.7, "trend": 135.298102, "fair_value": 128.134956, "relative_strength": 6.313003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.068108, "energy": 52.45294, "activity_lines": [ 158.23828, 156.876386, 149.945931, 144.054554 ] }, { "date": "2025-10-24", "close": 168.045607, "volume": 13173651, "typical_volume": 14109261.3, "trend": 136.665271, "fair_value": 128.489951, "relative_strength": 12.795721, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.77821, "energy": 51.195453, "activity_lines": [ 160.91116, 159.526998, 152.180244, 146.167296 ] }, { "date": "2025-10-31", "close": 166.581778, "volume": 9412061, "typical_volume": 13927324.25, "trend": 138.846424, "fair_value": 128.819856, "relative_strength": 10.752365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.731953, "energy": 51.006528, "activity_lines": [ 162.543968, 161.299669, 154.070483, 148.097393 ] }, { "date": "2025-11-07", "close": 172.535338, "volume": 11107727, "typical_volume": 13681110.8, "trend": 141.032476, "fair_value": 129.157884, "relative_strength": 16.229397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.724013, "energy": 56.708191, "activity_lines": [ 166.558855, 163.722712, 156.356761, 150.270871 ] }, { "date": "2025-11-14", "close": 178.567493, "volume": 11347096, "typical_volume": 13282289.8, "trend": 143.440211, "fair_value": 129.507893, "relative_strength": 19.752117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.37922, "energy": 72.407151, "activity_lines": [ 171.587615, 166.820778, 159.050649, 152.692485 ] }, { "date": "2025-11-21", "close": 171.530697, "volume": 17886698, "typical_volume": 13589394.3, "trend": 145.490685, "fair_value": 129.808291, "relative_strength": 16.972424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.140265, "energy": 63.112559, "activity_lines": [ 172.715909, 168.193044, 160.849016, 154.504775 ] }, { "date": "2025-11-28", "close": 174.804071, "volume": 9159235, "typical_volume": 13034682.65, "trend": 147.487311, "fair_value": 130.195094, "relative_strength": 14.63895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.28057, "energy": 59.883852, "activity_lines": [ 173.833205, 169.841134, 162.813183, 156.395961 ] }, { "date": "2025-12-05", "close": 172.213062, "volume": 14412899, "typical_volume": 13003574.75, "trend": 149.26875, "fair_value": 130.637005, "relative_strength": 12.161538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.103708, "energy": 49.956149, "activity_lines": [ 173.636267, 170.74467, 164.408351, 157.991171 ] }, { "date": "2025-12-12", "close": 166.437684, "volume": 13072039, "typical_volume": 12813522.9, "trend": 150.445126, "fair_value": 131.014639, "relative_strength": 8.680911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.236239, "energy": 38.427962, "activity_lines": [ 171.138785, 170.604175, 165.311568, 159.098844 ] }, { "date": "2025-12-19", "close": 160.90954, "volume": 19376274, "typical_volume": 12987471.6, "trend": 151.633403, "fair_value": 131.327965, "relative_strength": 4.569846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.238472, "energy": 24.716151, "activity_lines": [ 167.205097, 169.297563, 165.554487, 159.773967 ] }, { "date": "2025-12-26", "close": 162.195155, "volume": 8166451, "typical_volume": 12791353.75, "trend": 152.850891, "fair_value": 131.635155, "relative_strength": 3.56754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.593696, "energy": 20.478591, "activity_lines": [ 164.877145, 168.121698, 165.776661, 160.455371 ] }, { "date": "2026-01-02", "close": 163.48077, "volume": 9640664, "typical_volume": 12774672.7, "trend": 154.131371, "fair_value": 131.946543, "relative_strength": 5.160247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.27814, "energy": 22.052548, "activity_lines": [ 163.600101, 167.048739, 165.972483, 161.141169 ] }, { "date": "2026-01-09", "close": 183.229793, "volume": 33389760, "typical_volume": 13944468.45, "trend": 155.883064, "fair_value": 132.335042, "relative_strength": 15.508671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.54594, "energy": 31.631399, "activity_lines": [ 169.660952, 169.649509, 167.91067, 163.018487 ] }, { "date": "2026-01-16", "close": 181.429932, "volume": 14978421, "typical_volume": 14137538.6, "trend": 157.347722, "fair_value": 132.673894, "relative_strength": 14.44992, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 66.154587, "energy": 42.916268, "activity_lines": [ 174.387399, 171.62034, 169.484999, 164.666672 ] }, { "date": "2026-01-23", "close": 185.019765, "volume": 11604397, "typical_volume": 14143118.45, "trend": 159.140242, "fair_value": 133.032986, "relative_strength": 16.677481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.012109, "energy": 68.485759, "activity_lines": [ 179.310975, 174.082148, 171.248408, 166.451965 ] }, { "date": "2026-01-30", "close": 179.422395, "volume": 18337261, "typical_volume": 14320412.2, "trend": 160.42495, "fair_value": 133.422485, "relative_strength": 12.293447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.318843, "energy": 66.329261, "activity_lines": [ 180.761412, 175.408939, 172.331099, 167.760491 ] }, { "date": "2026-02-06", "close": 201.676178, "volume": 17946008, "typical_volume": 14292399.25, "trend": 162.176341, "fair_value": 133.902669, "relative_strength": 25.677731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.387385, "energy": 80.853761, "activity_lines": [ 188.481295, 180.638386, 175.411983, 170.421861 ] }, { "date": "2026-02-13", "close": 199.17861, "volume": 12261291, "typical_volume": 14041168.65, "trend": 164.068595, "fair_value": 134.425592, "relative_strength": 24.958213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.632178, "energy": 80.071956, "activity_lines": [ 192.822294, 184.925147, 178.05542, 172.809104 ] }, { "date": "2026-02-20", "close": 199.765687, "volume": 8423108, "typical_volume": 13669666.5, "trend": 166.116187, "fair_value": 134.934015, "relative_strength": 23.218705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.676431, "energy": 79.281874, "activity_lines": [ 196.295731, 188.828366, 180.627943, 175.112142 ] }, { "date": "2026-02-27", "close": 203.626471, "volume": 11511144, "typical_volume": 13755428.55, "trend": 168.542377, "fair_value": 135.418213, "relative_strength": 25.391384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.893173, "energy": 82.569841, "activity_lines": [ 199.833712, 192.827582, 183.367288, 177.53216 ] }, { "date": "2026-03-06", "close": 223.517465, "volume": 25584128, "typical_volume": 14539515.65, "trend": 171.627998, "fair_value": 136.082323, "relative_strength": 39.102511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.979872, "energy": 88.39901, "activity_lines": [ 208.761578, 199.666671, 187.770624, 181.07894 ] }, { "date": "2026-03-13", "close": 229.447947, "volume": 23272646, "typical_volume": 15044465.4, "trend": 174.796357, "fair_value": 136.818125, "relative_strength": 43.557506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.596386, "energy": 89.222662, "activity_lines": [ 216.726599, 206.469078, 192.412488, 184.809259 ] }, { "date": "2026-03-20", "close": 238.672035, "volume": 32685640, "typical_volume": 16208144.35, "trend": 177.991536, "fair_value": 137.596247, "relative_strength": 50.391678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.542975, "energy": 91.342975, "activity_lines": [ 225.914866, 213.749189, 197.640444, 188.930271 ] }, { "date": "2026-03-27", "close": 253.060419, "volume": 20744685, "typical_volume": 16689992.25, "trend": 181.448882, "fair_value": 138.40646, "relative_strength": 60.975804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.367398, "energy": 93.151326, "activity_lines": [ 237.266365, 222.63733, 203.895436, 193.773425 ] }, { "date": "2026-04-03", "close": 242.881085, "volume": 15599376, "typical_volume": 16902606.25, "trend": 184.411037, "fair_value": 139.192195, "relative_strength": 47.458992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.474799, "energy": 81.01337, "activity_lines": [ 241.671771, 228.372309, 208.797515, 197.736792 ] }, { "date": "2026-04-10", "close": 237.637186, "volume": 17214836, "typical_volume": 16869013.15, "trend": 187.200033, "fair_value": 139.94856, "relative_strength": 37.706292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.09438, "energy": 68.718226, "activity_lines": [ 241.712236, 232.101829, 212.893919, 201.170738 ] }, { "date": "2026-04-17", "close": 222.542319, "volume": 16803652, "typical_volume": 17251234.0, "trend": 189.292655, "fair_value": 140.679298, "relative_strength": 22.377146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.207683, "energy": 55.410376, "activity_lines": [ 235.779764, 232.028376, 215.237925, 203.450885 ] }, { "date": "2026-04-24", "close": 234.681896, "volume": 12309627, "typical_volume": 17146070.4, "trend": 191.363879, "fair_value": 141.516704, "relative_strength": 27.156704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.269246, "energy": 46.319861, "activity_lines": [ 234.354194, 233.782735, 218.510755, 206.379223 ] }, { "date": "2026-05-01", "close": 245.647316, "volume": 14510956, "typical_volume": 17218016.25, "trend": 194.299368, "fair_value": 142.468779, "relative_strength": 30.539996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.153874, "energy": 43.915465, "activity_lines": [ 236.849772, 236.885292, 222.530441, 209.88138 ] }, { "date": "2026-05-08", "close": 239.866092, "volume": 17353323, "typical_volume": 17116868.7, "trend": 197.120088, "fair_value": 143.363554, "relative_strength": 23.513529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.003834, "energy": 38.933469, "activity_lines": [ 237.912482, 238.102506, 225.622345, 212.821169 ] }, { "date": "2026-05-15", "close": 249.498149, "volume": 13992851, "typical_volume": 17408188.7, "trend": 200.270064, "fair_value": 144.315711, "relative_strength": 27.142494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.521157, "energy": 49.988339, "activity_lines": [ 242.386878, 240.412101, 229.255604, 216.200399 ] }, { "date": "2026-05-22", "close": 246.96, "volume": 16149852, "typical_volume": 17733648.1, "trend": 202.900544, "fair_value": 145.230779, "relative_strength": 23.749279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.014777, "energy": 47.809249, "activity_lines": [ 245.224493, 241.787839, 232.231407, 219.212653 ] }, { "date": "2026-05-29", "close": 244.82, "volume": 11655170, "typical_volume": 16646918.6, "trend": 205.508485, "fair_value": 146.158833, "relative_strength": 19.988242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.309188, "energy": 43.513393, "activity_lines": [ 245.72093, 242.456084, 234.605879, 221.917134 ] }, { "date": "2026-06-05", "close": 255.82, "volume": 12149308, "typical_volume": 16505462.95, "trend": 208.28464, "fair_value": 147.13322, "relative_strength": 27.365005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.775026, "energy": 48.219125, "activity_lines": [ 249.208159, 245.012549, 237.734684, 225.163038 ] }, { "date": "2026-06-12", "close": 258.67, "volume": 13859340, "typical_volume": 16618210.1, "trend": 210.954724, "fair_value": 148.121063, "relative_strength": 26.913611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.31973, "energy": 48.794358, "activity_lines": [ 252.96721, 248.037021, 240.78068, 228.413706 ] }, { "date": "2026-06-19", "close": 236.3, "volume": 16219201, "typical_volume": 16512307.1, "trend": 213.113701, "fair_value": 148.982588, "relative_strength": 14.212449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.863208, "energy": 36.787382, "activity_lines": [ 248.016, 246.707149, 241.345483, 230.048885 ] }, { "date": "2026-06-26", "close": 258.379093, "volume": 21352721, "typical_volume": 16682642.75, "trend": 215.899535, "fair_value": 149.950431, "relative_strength": 26.705596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.891003, "energy": 41.534424, "activity_lines": [ 251.304364, 249.41597, 243.742212, 232.969233 ] }, { "date": "2026-07-03", "close": 266.737039, "volume": 10532218, "typical_volume": 16596189.1, "trend": 219.050334, "fair_value": 150.986054, "relative_strength": 26.8938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.715334, "energy": 45.378698, "activity_lines": [ 256.617438, 252.99284, 246.664921, 236.249072 ] }, { "date": "2026-07-10", "close": 279.617641, "volume": 12313444, "typical_volume": 16790705.9, "trend": 222.822999, "fair_value": 152.112461, "relative_strength": 30.089666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.62959, "energy": 52.09436, "activity_lines": [ 264.762909, 258.328816, 250.492648, 240.15664 ] }, { "date": "2026-07-17", "close": 308.467001, "volume": 16869542, "typical_volume": 17058625.8, "trend": 227.741581, "fair_value": 153.367986, "relative_strength": 43.958394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.776545, "energy": 87.471274, "activity_lines": [ 280.938325, 268.292489, 256.687686, 245.68206 ] }, { "date": "2026-07-24", "close": 301.344317, "volume": 12901177, "typical_volume": 16424478.25, "trend": 232.379887, "fair_value": 154.542169, "relative_strength": 39.70942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.900775, "energy": 87.259657, "activity_lines": [ 291.419712, 275.713839, 261.705132, 250.430623 ] }, { "date": "2026-07-31", "close": 312.9, "volume": 11908555, "typical_volume": 15856273.7, "trend": 237.360528, "fair_value": 155.797208, "relative_strength": 41.571798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.258092, "energy": 91.035047, "activity_lines": [ 301.416706, 284.293564, 267.452515, 255.625469 ] }, { "date": "2026-08-07", "close": 298.31, "volume": 16426768, "typical_volume": 15043330.1, "trend": 241.196535, "fair_value": 156.886719, "relative_strength": 28.900827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.188175, "energy": 84.543009, "activity_lines": [ 302.91564, 289.021654, 271.412983, 259.557693 ] } ], "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." } } }