{ "ticker": { "uuid": "1678e9f3-71d1-4e6e-89e7-c831ab3c63a4", "symbol": "PEPS", "name": "PepsiCo, Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.665, "architecture_energy": 50.568, "architecture_maturity": 17.522, "architecture_confidence": 93.217, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 15.51, "rotation_up": 18.98, "upward_expansion": 7.66, "deceleration": 48.52, "rotation_down": 59.3, "downward_expansion": 80.99 }, "activity_lines": [ 120.366667, 121.553817, 123.752755, 126.247546 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 119.82, "trend_reference": 128.704267, "distance_from_trend": -0.069029, "trend_direction": "Weakening", "fair_value": 133.924909, "distance_from_fair_value": -0.10532, "fair_value_direction": "Weakening", "relative_strength": -22.87001, "relative_strength_direction": "Weakening", "price_momentum": -0.149635, "excess_performance": -0.323882, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.069029, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.002006, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.10532, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.062986, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.2287, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.12378, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.149635, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.387423, "read": "Supply-led" } ], "volume": { "latest": 2172, "relative_activity": 3.115318, "balance": 0.387423, "dry_up": 1.998351, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.036423, "annualized_volatility": 0.17226, "from_high_reference": -0.162926, "from_low_reference": 0.036132 }, "levels": { "trend_reference": 128.704267, "fair_value_reference": 133.924909, "structural_low": 117.779999, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.005267, "positive_rate": 0.529412, "directional_follow_through": 0.470588, "median_excess_return": -0.002545, "regime_survival": 0.823529, "best_return": 0.082082, "worst_return": -0.070868, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.032123, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.037475, "regime_survival": 0.5, "best_return": 0.14165, "worst_return": -0.187064, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.08487, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.068709, "regime_survival": 0.25, "best_return": 0.12805, "worst_return": -0.225201, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.039829, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.271564, "regime_survival": 0.0, "best_return": 0.046329, "worst_return": -0.125987, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-07-05", "tenure": "New", "return": -0.015387, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": 0.036843, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-12-20", "tenure": "Established", "return": -0.064255, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-08-08", "tenure": "Extended", "return": -0.138123, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.053778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.07971, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.018671, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.013427, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": -0.043956, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-30", "tenure": "New", "return": 0.050374, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-27", "tenure": "Developing", "return": -0.059503, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-22", "tenure": "Developing", "return": -0.04457, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": 0.022869, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.050855, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 147.972855, "volume": 0, "typical_volume": 17.35, "trend": 150.517756, "fair_value": 127.459697, "relative_strength": -1.605892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -9.712129, "energy": 16.770082, "activity_lines": [ 151.166255, 151.879096, 152.936645, 152.331161 ] }, { "date": "2023-08-25", "close": 149.648224, "volume": 1, "typical_volume": 17.35, "trend": 150.89388, "fair_value": 127.808607, "relative_strength": 0.276324, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.637709, "energy": 36.605606, "activity_lines": [ 150.287141, 151.366168, 152.591938, 152.275062 ] }, { "date": "2023-09-01", "close": 147.98349, "volume": 24, "typical_volume": 16.65, "trend": 151.221614, "fair_value": 128.136954, "relative_strength": -2.840078, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.039842, "energy": 51.500615, "activity_lines": [ 149.140149, 150.634084, 152.093915, 152.087295 ] }, { "date": "2023-09-08", "close": 149.000092, "volume": 27, "typical_volume": 17.0, "trend": 151.342982, "fair_value": 128.485814, "relative_strength": -1.172112, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.924916, "energy": 55.615184, "activity_lines": [ 148.857344, 150.212092, 151.697779, 151.943971 ] }, { "date": "2023-09-15", "close": 153.356842, "volume": 6, "typical_volume": 17.3, "trend": 151.590639, "fair_value": 128.878187, "relative_strength": 0.551547, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.863999, "energy": 19.239716, "activity_lines": [ 150.266957, 150.643479, 151.726677, 152.073897 ] }, { "date": "2023-09-22", "close": 149.635422, "volume": 43, "typical_volume": 19.4, "trend": 151.675191, "fair_value": 129.233346, "relative_strength": -0.816412, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.770735, "energy": 19.177089, "activity_lines": [ 150.281331, 150.360621, 151.396814, 151.947754 ] }, { "date": "2023-09-29", "close": 145.133453, "volume": 10, "typical_volume": 19.9, "trend": 151.661542, "fair_value": 129.538546, "relative_strength": -3.701751, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.915842, "energy": 40.41502, "activity_lines": [ 148.68421, 149.27485, 150.676693, 151.525707 ] }, { "date": "2023-10-06", "close": 135.621323, "volume": 216, "typical_volume": 28.65, "trend": 151.357051, "fair_value": 129.785846, "relative_strength": -8.272571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.891388, "energy": 78.733871, "activity_lines": [ 144.217365, 146.61997, 149.124729, 150.490854 ] }, { "date": "2023-10-13", "close": 137.345825, "volume": 228, "typical_volume": 38.45, "trend": 151.031956, "fair_value": 130.024267, "relative_strength": -7.423543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.356074, "energy": 88.568219, "activity_lines": [ 141.149497, 144.646672, 147.846326, 149.586904 ] }, { "date": "2023-10-20", "close": 138.235336, "volume": 17, "typical_volume": 37.75, "trend": 150.695384, "fair_value": 130.286415, "relative_strength": -2.957538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.918193, "energy": 89.195845, "activity_lines": [ 139.155085, 143.112499, 146.729565, 148.761315 ] }, { "date": "2023-10-27", "close": 137.654434, "volume": 28, "typical_volume": 39.0, "trend": 150.298915, "fair_value": 130.561909, "relative_strength": -2.544914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.092607, "energy": 88.918966, "activity_lines": [ 137.975139, 141.705435, 145.634731, 147.919964 ] }, { "date": "2023-11-03", "close": 142.101929, "volume": 22, "typical_volume": 39.85, "trend": 150.01076, "fair_value": 130.851918, "relative_strength": -4.370672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.222279, "energy": 76.860184, "activity_lines": [ 139.076424, 141.294614, 145.03345, 147.391126 ] }, { "date": "2023-11-10", "close": 141.266907, "volume": 13, "typical_volume": 40.5, "trend": 149.751397, "fair_value": 131.114626, "relative_strength": -5.32623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.297379, "energy": 52.938771, "activity_lines": [ 140.10147, 140.869176, 144.410452, 146.827006 ] }, { "date": "2023-11-17", "close": 138.634705, "volume": 45, "typical_volume": 42.75, "trend": 149.335149, "fair_value": 131.357173, "relative_strength": -8.885059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.628562, "energy": 50.355208, "activity_lines": [ 139.872743, 140.087276, 143.601557, 146.109801 ] }, { "date": "2023-11-24", "close": 140.577087, "volume": 4, "typical_volume": 39.45, "trend": 148.939538, "fair_value": 131.616732, "relative_strength": -6.843985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.109485, "energy": 36.822732, "activity_lines": [ 140.205551, 139.846997, 143.043049, 145.544764 ] }, { "date": "2023-12-01", "close": 141.421738, "volume": 0, "typical_volume": 36.45, "trend": 148.396241, "fair_value": 131.88409, "relative_strength": -7.828744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.613556, "energy": 34.239407, "activity_lines": [ 140.663793, 139.992651, 142.615987, 145.059745 ] }, { "date": "2023-12-08", "close": 142.373596, "volume": 23, "typical_volume": 37.6, "trend": 147.785724, "fair_value": 132.162576, "relative_strength": -7.120961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.900076, "energy": 29.566834, "activity_lines": [ 141.188167, 140.46071, 142.322784, 144.671187 ] }, { "date": "2023-12-15", "close": 141.000732, "volume": 70, "typical_volume": 38.85, "trend": 147.199781, "fair_value": 132.429908, "relative_strength": -9.093291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.744141, "energy": 23.42955, "activity_lines": [ 141.236809, 140.729336, 141.953975, 144.233446 ] }, { "date": "2023-12-22", "close": 139.554657, "volume": 25, "typical_volume": 40.1, "trend": 146.734921, "fair_value": 132.691714, "relative_strength": -10.704515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.979941, "energy": 25.799864, "activity_lines": [ 140.821171, 140.637232, 141.518219, 143.740212 ] }, { "date": "2023-12-29", "close": 140.0672, "volume": 0, "typical_volume": 40.1, "trend": 146.255224, "fair_value": 132.946111, "relative_strength": -10.800515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.189247, "energy": 29.555566, "activity_lines": [ 140.51505, 140.598157, 141.193409, 143.310036 ] }, { "date": "2024-01-05", "close": 141.586487, "volume": 60, "typical_volume": 43.1, "trend": 145.896425, "fair_value": 133.230674, "relative_strength": -9.521281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.69683, "energy": 28.59226, "activity_lines": [ 140.749351, 140.802009, 141.065523, 143.008828 ] }, { "date": "2024-01-12", "close": 138.749268, "volume": 232, "typical_volume": 54.65, "trend": 145.380001, "fair_value": 133.493519, "relative_strength": -10.408708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.173283, "energy": 37.02698, "activity_lines": [ 140.026929, 140.418512, 140.697837, 142.547721 ] }, { "date": "2024-01-19", "close": 139.591293, "volume": 51, "typical_volume": 56.0, "trend": 144.870627, "fair_value": 133.777911, "relative_strength": -8.401561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.391624, "energy": 33.267361, "activity_lines": [ 139.826804, 140.249068, 140.462243, 142.174256 ] }, { "date": "2024-01-26", "close": 140.964111, "volume": 23, "typical_volume": 55.8, "trend": 144.490483, "fair_value": 134.07784, "relative_strength": -10.46833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.835678, "energy": 27.70036, "activity_lines": [ 140.178247, 140.359692, 140.397357, 141.922222 ] }, { "date": "2024-02-02", "close": 144.551849, "volume": 57, "typical_volume": 58.35, "trend": 144.265959, "fair_value": 134.375208, "relative_strength": -7.838991, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.735513, "energy": 5.189154, "activity_lines": [ 141.631639, 141.08028, 140.712426, 141.926181 ] }, { "date": "2024-02-09", "close": 143.032532, "volume": 127, "typical_volume": 62.55, "trend": 144.017212, "fair_value": 134.699839, "relative_strength": -6.600807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.93572, "energy": 11.781434, "activity_lines": [ 142.279616, 141.45236, 140.924728, 141.846606 ] }, { "date": "2024-02-16", "close": 141.476669, "volume": 32, "typical_volume": 63.65, "trend": 143.60131, "fair_value": 135.015031, "relative_strength": -8.904021, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.504432, "energy": 14.931505, "activity_lines": [ 142.312569, 141.512268, 141.020294, 141.6827 ] }, { "date": "2024-02-23", "close": 143.76474, "volume": 31, "typical_volume": 54.4, "trend": 143.198026, "fair_value": 135.366493, "relative_strength": -6.828704, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.003762, "energy": 14.298304, "activity_lines": [ 142.926385, 142.004497, 141.351185, 141.693243 ] }, { "date": "2024-03-01", "close": 141.188553, "volume": 51, "typical_volume": 45.55, "trend": 142.817557, "fair_value": 135.673193, "relative_strength": -8.354748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.149079, "energy": 10.694906, "activity_lines": [ 142.403243, 141.978074, 141.397947, 141.5636 ] }, { "date": "2024-03-08", "close": 138.383224, "volume": 17, "typical_volume": 45.55, "trend": 142.395819, "fair_value": 135.958779, "relative_strength": -10.13477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.155146, "energy": 19.895611, "activity_lines": [ 140.930028, 141.411884, 141.159236, 141.277514 ] }, { "date": "2024-03-15", "close": 139.601303, "volume": 94, "typical_volume": 48.85, "trend": 142.116767, "fair_value": 136.25023, "relative_strength": -9.949997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.36359, "energy": 22.230913, "activity_lines": [ 140.274081, 141.09778, 141.035828, 141.097223 ] }, { "date": "2024-03-22", "close": 147.11293, "volume": 0, "typical_volume": 47.75, "trend": 142.032258, "fair_value": 136.548696, "relative_strength": -7.250912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.552879, "energy": 15.205064, "activity_lines": [ 142.350759, 142.185521, 141.618542, 141.419556 ] }, { "date": "2024-03-29", "close": 147.925003, "volume": 6, "typical_volume": 47.4, "trend": 142.030308, "fair_value": 136.846862, "relative_strength": -7.511984, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.787761, "energy": 42.997529, "activity_lines": [ 144.322376, 143.268845, 142.254735, 141.799733 ] }, { "date": "2024-04-05", "close": 144.455261, "volume": 8, "typical_volume": 45.55, "trend": 141.878814, "fair_value": 137.127969, "relative_strength": -10.207255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.85529, "energy": 58.801991, "activity_lines": [ 144.860062, 143.569785, 142.528771, 141.956181 ] }, { "date": "2024-04-12", "close": 145.728729, "volume": 13, "typical_volume": 46.0, "trend": 141.624543, "fair_value": 137.416807, "relative_strength": -8.930688, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.53438, "energy": 67.345972, "activity_lines": [ 145.604457, 144.038789, 142.896373, 142.204563 ] }, { "date": "2024-04-19", "close": 148.995422, "volume": 0, "typical_volume": 46.0, "trend": 141.60321, "fair_value": 137.717732, "relative_strength": -6.247234, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.593099, "energy": 74.740612, "activity_lines": [ 146.94805, 145.08034, 143.550556, 142.680104 ] }, { "date": "2024-04-26", "close": 152.502075, "volume": 18, "typical_volume": 45.75, "trend": 141.848831, "fair_value": 138.052904, "relative_strength": -4.190122, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.501857, "energy": 79.217545, "activity_lines": [ 148.834252, 146.651047, 144.502642, 143.383256 ] }, { "date": "2024-05-03", "close": 150.305832, "volume": 0, "typical_volume": 42.25, "trend": 142.338314, "fair_value": 138.369031, "relative_strength": -6.404208, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.397339, "energy": 76.701457, "activity_lines": [ 149.629096, 147.621976, 145.19733, 143.928869 ] }, { "date": "2024-05-10", "close": 153.29567, "volume": 0, "typical_volume": 41.0, "trend": 142.869976, "fair_value": 138.697413, "relative_strength": -6.656429, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.24755, "energy": 87.070721, "activity_lines": [ 151.261832, 149.017583, 146.132455, 144.635795 ] }, { "date": "2024-05-17", "close": 155.215118, "volume": 36, "typical_volume": 42.8, "trend": 143.435968, "fair_value": 139.040583, "relative_strength": -6.745535, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.497134, "energy": 91.290496, "activity_lines": [ 152.945023, 150.542051, 147.184952, 145.432256 ] }, { "date": "2024-05-24", "close": 153.166473, "volume": 0, "typical_volume": 39.8, "trend": 143.953036, "fair_value": 139.367274, "relative_strength": -7.540951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.795796, "energy": 82.556969, "activity_lines": [ 153.312906, 151.388003, 147.970206, 146.060031 ] }, { "date": "2024-05-31", "close": 144.750549, "volume": 22, "typical_volume": 29.3, "trend": 144.041324, "fair_value": 139.631639, "relative_strength": -10.842638, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.416779, "energy": 43.072354, "activity_lines": [ 150.597411, 150.457148, 147.898801, 146.111483 ] }, { "date": "2024-06-07", "close": 147.99968, "volume": 14, "typical_volume": 27.45, "trend": 144.26575, "fair_value": 139.916832, "relative_strength": -7.789683, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.471911, "energy": 29.734274, "activity_lines": [ 149.481728, 150.159997, 148.108259, 146.366861 ] }, { "date": "2024-06-14", "close": 142.750549, "volume": 0, "typical_volume": 26.3, "trend": 144.402944, "fair_value": 140.160424, "relative_strength": -7.608103, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.622924, "energy": 18.930434, "activity_lines": [ 146.770078, 148.9071, 147.77776, 146.269106 ] }, { "date": "2024-06-21", "close": 145.691559, "volume": 14, "typical_volume": 24.15, "trend": 144.573427, "fair_value": 140.429297, "relative_strength": -6.790545, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.585771, "energy": 28.107379, "activity_lines": [ 145.741773, 148.219927, 147.718851, 146.352243 ] }, { "date": "2024-06-28", "close": 143.532333, "volume": 16, "typical_volume": 18.6, "trend": 144.64378, "fair_value": 140.663303, "relative_strength": -8.280861, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.657513, "energy": 30.040765, "activity_lines": [ 144.62863, 147.140844, 147.448874, 146.285075 ] }, { "date": "2024-07-05", "close": 140.554092, "volume": 49, "typical_volume": 19.45, "trend": 144.58313, "fair_value": 140.877347, "relative_strength": -12.169148, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.203774, "energy": 40.009918, "activity_lines": [ 143.165016, 145.61959, 146.892874, 146.021224 ] }, { "date": "2024-07-12", "close": 142.471359, "volume": 5, "typical_volume": 18.15, "trend": 144.632151, "fair_value": 141.07416, "relative_strength": -10.551582, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.78023, "energy": 42.025614, "activity_lines": [ 142.620255, 144.664167, 146.523865, 145.884981 ] }, { "date": "2024-07-19", "close": 144.742249, "volume": 110, "typical_volume": 21.1, "trend": 144.80507, "fair_value": 141.274091, "relative_strength": -7.921064, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.922562, "energy": 28.362109, "activity_lines": [ 143.201012, 144.264079, 146.37729, 145.892084 ] }, { "date": "2024-07-26", "close": 147.72049, "volume": 6, "typical_volume": 20.55, "trend": 145.06018, "fair_value": 141.498997, "relative_strength": -5.674846, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.195968, "energy": 10.903801, "activity_lines": [ 144.641736, 144.561005, 146.497435, 146.080176 ] }, { "date": "2024-08-02", "close": 148.427811, "volume": 0, "typical_volume": 15.85, "trend": 145.288224, "fair_value": 141.73617, "relative_strength": -1.087397, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.838531, "energy": 12.804583, "activity_lines": [ 146.182971, 145.122801, 146.640481, 146.297442 ] }, { "date": "2024-08-09", "close": 146.585022, "volume": 349, "typical_volume": 33.3, "trend": 145.549416, "fair_value": 141.953797, "relative_strength": -2.958649, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.641215, "energy": 14.948702, "activity_lines": [ 146.783579, 145.435702, 146.565991, 146.381107 ] }, { "date": "2024-08-16", "close": 145.8591, "volume": 20, "typical_volume": 34.0, "trend": 145.758343, "fair_value": 142.14738, "relative_strength": -4.877556, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.395463, "energy": 15.252388, "activity_lines": [ 146.74015, 145.583263, 146.42488, 146.401086 ] }, { "date": "2024-08-23", "close": 145.300659, "volume": 0, "typical_volume": 33.6, "trend": 145.902895, "fair_value": 142.362547, "relative_strength": -6.464615, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.308043, "energy": 5.856689, "activity_lines": [ 146.284725, 145.668208, 146.240422, 146.371558 ] }, { "date": "2024-08-30", "close": 144.760864, "volume": 0, "typical_volume": 32.95, "trend": 145.909862, "fair_value": 142.564554, "relative_strength": -7.486509, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.625462, "energy": 5.366296, "activity_lines": [ 145.612141, 145.608644, 146.00053, 146.297879 ] }, { "date": "2024-09-06", "close": 150.380905, "volume": 8, "typical_volume": 33.35, "trend": 146.154807, "fair_value": 142.803685, "relative_strength": 0.34119, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.744969, "energy": 19.622632, "activity_lines": [ 147.010212, 146.587827, 146.300488, 146.586333 ] }, { "date": "2024-09-13", "close": 150.193161, "volume": 31, "typical_volume": 34.0, "trend": 146.445357, "fair_value": 143.043919, "relative_strength": -0.080381, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.943991, "energy": 32.671276, "activity_lines": [ 148.215496, 147.408356, 146.575968, 146.846872 ] }, { "date": "2024-09-20", "close": 144.355133, "volume": 87, "typical_volume": 38.35, "trend": 146.465037, "fair_value": 143.248597, "relative_strength": -3.971929, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.023599, "energy": 9.699158, "activity_lines": [ 147.234227, 146.992169, 146.30644, 146.712019 ] }, { "date": "2024-09-27", "close": 144.054794, "volume": 3, "typical_volume": 38.5, "trend": 146.560578, "fair_value": 143.459806, "relative_strength": -4.743626, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.033995, "energy": 17.303725, "activity_lines": [ 146.253111, 146.487124, 146.036645, 146.55652 ] }, { "date": "2024-10-04", "close": 143.81076, "volume": 44, "typical_volume": 38.9, "trend": 146.741496, "fair_value": 143.642544, "relative_strength": -3.725887, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.888154, "energy": 25.942119, "activity_lines": [ 145.273707, 145.950209, 145.787613, 146.379112 ] }, { "date": "2024-10-11", "close": 149.048096, "volume": 93, "typical_volume": 43.55, "trend": 147.056389, "fair_value": 143.850068, "relative_strength": -0.261236, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.549198, "energy": 13.362361, "activity_lines": [ 146.103422, 146.436622, 146.091682, 146.527925 ] }, { "date": "2024-10-18", "close": 151.488434, "volume": 6, "typical_volume": 42.75, "trend": 147.202239, "fair_value": 144.065767, "relative_strength": 1.196259, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.054045, "energy": 16.218043, "activity_lines": [ 147.835437, 147.355456, 146.647775, 146.813863 ] }, { "date": "2024-10-25", "close": 150.268265, "volume": 9, "typical_volume": 42.5, "trend": 147.280348, "fair_value": 144.262223, "relative_strength": 1.794263, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.129027, "energy": 38.0824, "activity_lines": [ 149.074378, 147.963288, 147.055576, 147.011671 ] }, { "date": "2024-11-01", "close": 143.623077, "volume": 0, "typical_volume": 42.5, "trend": 147.252609, "fair_value": 144.395983, "relative_strength": -1.023025, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.168455, "energy": 10.676603, "activity_lines": [ 147.704047, 147.282737, 146.819699, 146.775718 ] }, { "date": "2024-11-08", "close": 144.524078, "volume": 0, "typical_volume": 41.8, "trend": 147.212454, "fair_value": 144.538265, "relative_strength": -0.849945, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.627409, "energy": 12.898308, "activity_lines": [ 146.66283, 146.796506, 146.665477, 146.599684 ] }, { "date": "2024-11-15", "close": 141.407974, "volume": 13, "typical_volume": 41.65, "trend": 146.959539, "fair_value": 144.652444, "relative_strength": -3.026617, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.292688, "energy": 38.166463, "activity_lines": [ 144.535358, 145.748015, 146.220043, 146.225201 ] }, { "date": "2024-11-22", "close": 145.199875, "volume": 36, "typical_volume": 41.0, "trend": 146.716132, "fair_value": 144.796422, "relative_strength": 0.326954, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.316554, "energy": 30.605714, "activity_lines": [ 144.181195, 145.552106, 146.145858, 146.111675 ] }, { "date": "2024-11-29", "close": 144.937073, "volume": 0, "typical_volume": 40.75, "trend": 146.537173, "fair_value": 144.924657, "relative_strength": 0.037341, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.299739, "energy": 35.253369, "activity_lines": [ 144.158668, 145.399201, 146.024522, 145.996897 ] }, { "date": "2024-12-06", "close": 142.868103, "volume": 35, "typical_volume": 37.0, "trend": 146.189588, "fair_value": 145.018826, "relative_strength": -2.475475, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.536528, "energy": 47.538858, "activity_lines": [ 143.801897, 144.859539, 145.694399, 145.760183 ] }, { "date": "2024-12-13", "close": 143.777267, "volume": 55, "typical_volume": 39.45, "trend": 145.808326, "fair_value": 145.102777, "relative_strength": -3.470935, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.306966, "energy": 26.965659, "activity_lines": [ 143.798513, 144.506756, 145.459788, 145.604549 ] }, { "date": "2024-12-20", "close": 138.89061, "volume": 107, "typical_volume": 44.8, "trend": 145.332464, "fair_value": 145.160604, "relative_strength": -5.136773, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.232634, "energy": 48.133697, "activity_lines": [ 142.21603, 143.266099, 144.778558, 145.158245 ] }, { "date": "2024-12-27", "close": 139.174744, "volume": 47, "typical_volume": 29.7, "trend": 145.146604, "fair_value": 145.207858, "relative_strength": -5.90632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.389993, "energy": 59.732059, "activity_lines": [ 140.896083, 142.261785, 144.169804, 144.760972 ] }, { "date": "2025-01-03", "close": 138.606506, "volume": 0, "typical_volume": 28.7, "trend": 144.833498, "fair_value": 145.249589, "relative_strength": -6.667428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.740196, "energy": 64.606426, "activity_lines": [ 139.788398, 141.378039, 143.542219, 144.339031 ] }, { "date": "2025-01-10", "close": 131.465942, "volume": 113, "typical_volume": 34.35, "trend": 144.457345, "fair_value": 145.244883, "relative_strength": -11.289388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.178555, "energy": 84.206178, "activity_lines": [ 136.722564, 139.408041, 142.269117, 143.476608 ] }, { "date": "2025-01-17", "close": 135.954834, "volume": 295, "typical_volume": 49.1, "trend": 144.132787, "fair_value": 145.261317, "relative_strength": -11.147292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.554167, "energy": 74.815499, "activity_lines": [ 135.91317, 138.475244, 141.489407, 142.928059 ] }, { "date": "2025-01-24", "close": 134.515381, "volume": 82, "typical_volume": 52.8, "trend": 143.832222, "fair_value": 145.281913, "relative_strength": -13.328193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.896678, "energy": 75.039482, "activity_lines": [ 135.145455, 137.436533, 140.61454, 142.307581 ] }, { "date": "2025-01-31", "close": 137.640533, "volume": 170, "typical_volume": 59.75, "trend": 143.735103, "fair_value": 145.328739, "relative_strength": -11.484874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.183809, "energy": 64.707029, "activity_lines": [ 135.711139, 137.091351, 140.112857, 141.908117 ] }, { "date": "2025-02-07", "close": 132.034149, "volume": 274, "typical_volume": 69.1, "trend": 143.387196, "fair_value": 145.356889, "relative_strength": -15.073165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.279801, "energy": 52.296616, "activity_lines": [ 134.510309, 135.864269, 139.137007, 141.153217 ] }, { "date": "2025-02-14", "close": 130.556778, "volume": 545, "typical_volume": 96.2, "trend": 142.914347, "fair_value": 145.373578, "relative_strength": -19.859664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.942231, "energy": 54.744398, "activity_lines": [ 133.255179, 134.603173, 138.079127, 140.325448 ] }, { "date": "2025-02-21", "close": 136.939758, "volume": 288, "typical_volume": 108.4, "trend": 142.55499, "fair_value": 145.42731, "relative_strength": -14.859426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.972577, "energy": 41.856544, "activity_lines": [ 134.18832, 134.726461, 137.693425, 139.93999 ] }, { "date": "2025-02-28", "close": 139.288345, "volume": 141, "typical_volume": 110.8, "trend": 142.250341, "fair_value": 145.487638, "relative_strength": -15.132338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.799999, "energy": 30.952107, "activity_lines": [ 135.838661, 135.401083, 137.564118, 139.729239 ] }, { "date": "2025-03-07", "close": 137.846878, "volume": 83, "typical_volume": 114.65, "trend": 141.959069, "fair_value": 145.579078, "relative_strength": -18.455133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.916466, "energy": 20.434575, "activity_lines": [ 136.690317, 135.806389, 137.344003, 139.445145 ] }, { "date": "2025-03-14", "close": 130.102676, "volume": 47, "typical_volume": 116.55, "trend": 141.433855, "fair_value": 145.600811, "relative_strength": -22.761475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.338321, "energy": 26.501387, "activity_lines": [ 134.946815, 134.8278, 136.451304, 138.680216 ] }, { "date": "2025-03-21", "close": 129.242188, "volume": 54, "typical_volume": 119.25, "trend": 140.898573, "fair_value": 145.593286, "relative_strength": -22.135845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.055251, "energy": 38.652445, "activity_lines": [ 133.045248, 133.847375, 135.572681, 137.893657 ] }, { "date": "2025-03-28", "close": 132.645844, "volume": 30, "typical_volume": 120.75, "trend": 140.494739, "fair_value": 145.595541, "relative_strength": -18.076073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.857954, "energy": 38.781666, "activity_lines": [ 132.365873, 133.526228, 135.086697, 137.361223 ] }, { "date": "2025-04-04", "close": 130.542465, "volume": 8, "typical_volume": 120.5, "trend": 139.833457, "fair_value": 145.545076, "relative_strength": -10.264766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.671349, "energy": 52.367689, "activity_lines": [ 131.271633, 132.882812, 134.456953, 136.719141 ] }, { "date": "2025-04-11", "close": 120.083008, "volume": 139, "typical_volume": 125.65, "trend": 138.829786, "fair_value": 145.421098, "relative_strength": -16.056821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.360071, "energy": 75.368772, "activity_lines": [ 127.273966, 130.409912, 132.882811, 135.444918 ] }, { "date": "2025-04-18", "close": 120.083008, "volume": 155, "typical_volume": 133.4, "trend": 138.020715, "fair_value": 145.291213, "relative_strength": -19.882845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.260685, "energy": 76.84337, "activity_lines": [ 124.460556, 128.256239, 131.428273, 134.235449 ] }, { "date": "2025-04-25", "close": 111.440079, "volume": 619, "typical_volume": 162.6, "trend": 136.933558, "fair_value": 145.080844, "relative_strength": -27.748546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.587792, "energy": 88.159471, "activity_lines": [ 119.434148, 124.748418, 129.268952, 132.520569 ] }, { "date": "2025-05-02", "close": 112.625618, "volume": 480, "typical_volume": 183.85, "trend": 135.894053, "fair_value": 144.907948, "relative_strength": -27.48275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.204011, "energy": 89.133244, "activity_lines": [ 115.989727, 121.803725, 127.372197, 130.952315 ] }, { "date": "2025-05-09", "close": 111.382729, "volume": 371, "typical_volume": 197.05, "trend": 134.638541, "fair_value": 144.702562, "relative_strength": -30.899072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.418934, "energy": 90.021973, "activity_lines": [ 113.465692, 119.075129, 125.505412, 129.370939 ] }, { "date": "2025-05-16", "close": 112.663864, "volume": 520, "typical_volume": 220.7, "trend": 133.344388, "fair_value": 144.576839, "relative_strength": -31.546705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.556607, "energy": 86.169344, "activity_lines": [ 112.646017, 117.086841, 123.89163, 127.953218 ] }, { "date": "2025-05-23", "close": 108.514496, "volume": 107, "typical_volume": 226.05, "trend": 131.952596, "fair_value": 144.38071, "relative_strength": -32.685978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.640846, "energy": 87.659216, "activity_lines": [ 110.937829, 114.801995, 122.008913, 126.351289 ] }, { "date": "2025-05-30", "close": 111.000298, "volume": 254, "typical_volume": 233.1, "trend": 130.86517, "fair_value": 144.228325, "relative_strength": -31.30769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.517966, "energy": 74.804348, "activity_lines": [ 110.829476, 113.361625, 120.506234, 124.999528 ] }, { "date": "2025-06-06", "close": 110.426689, "volume": 704, "typical_volume": 253.55, "trend": 129.72859, "fair_value": 144.06339, "relative_strength": -31.438923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.558429, "energy": 63.645426, "activity_lines": [ 110.559239, 112.148634, 119.046381, 123.680917 ] }, { "date": "2025-06-13", "close": 110.271812, "volume": 959, "typical_volume": 297.4, "trend": 128.690718, "fair_value": 143.924527, "relative_strength": -29.494406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.511347, "energy": 64.240422, "activity_lines": [ 110.383971, 111.311468, 117.69334, 122.425641 ] }, { "date": "2025-06-20", "close": 109.052162, "volume": 682, "typical_volume": 323.0, "trend": 127.485795, "fair_value": 143.746177, "relative_strength": -29.363009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.762827, "energy": 61.765433, "activity_lines": [ 109.876214, 110.621105, 116.339588, 121.158637 ] }, { "date": "2025-06-27", "close": 107.83252, "volume": 898, "typical_volume": 354.2, "trend": 126.248976, "fair_value": 143.538784, "relative_strength": -30.911301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.571922, "energy": 62.290448, "activity_lines": [ 109.202691, 109.909549, 115.005814, 119.890684 ] }, { "date": "2025-07-04", "close": 112.014175, "volume": 343, "typical_volume": 344.1, "trend": 125.220512, "fair_value": 143.309908, "relative_strength": -27.177013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.977918, "energy": 53.438541, "activity_lines": [ 109.968517, 110.181031, 114.185539, 118.972309 ] }, { "date": "2025-07-11", "close": 110.852592, "volume": 63, "typical_volume": 332.85, "trend": 124.123023, "fair_value": 143.068644, "relative_strength": -28.98726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.409682, "energy": 49.007511, "activity_lines": [ 110.279557, 110.230877, 113.342936, 118.045347 ] }, { "date": "2025-07-18", "close": 119.970932, "volume": 1205, "typical_volume": 386.05, "trend": 123.492367, "fair_value": 142.906046, "relative_strength": -22.643807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.851405, "energy": 23.154753, "activity_lines": [ 113.60165, 111.97084, 113.49297, 117.77747 ] }, { "date": "2025-07-25", "close": 117.996262, "volume": 378, "typical_volume": 400.8, "trend": 122.786417, "fair_value": 142.700468, "relative_strength": -24.809627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.44456, "energy": 26.988231, "activity_lines": [ 115.618912, 113.195624, 113.546928, 117.422883 ] }, { "date": "2025-08-01", "close": 117.047646, "volume": 371, "typical_volume": 417.0, "trend": 122.067789, "fair_value": 142.494761, "relative_strength": -22.748025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.802843, "energy": 24.002252, "activity_lines": [ 116.723696, 114.150979, 113.605069, 117.052639 ] }, { "date": "2025-08-08", "close": 119.951569, "volume": 261, "typical_volume": 427.35, "trend": 121.683976, "fair_value": 142.29846, "relative_strength": -24.582272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.820819, "energy": 30.011979, "activity_lines": [ 118.182111, 115.479171, 114.00194, 116.916109 ] }, { "date": "2025-08-15", "close": 123.900909, "volume": 421, "typical_volume": 446.9, "trend": 121.282179, "fair_value": 142.086262, "relative_strength": -23.47431, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 23.685427, "energy": 41.258493, "activity_lines": [ 120.427814, 117.362676, 114.81918, 117.059137 ] }, { "date": "2025-08-22", "close": 123.513718, "volume": 408, "typical_volume": 466.9, "trend": 120.915457, "fair_value": 141.880565, "relative_strength": -22.151424, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.802078, "energy": 59.900641, "activity_lines": [ 121.674566, 118.930796, 115.641187, 117.203107 ] }, { "date": "2025-08-29", "close": 122.739342, "volume": 286, "typical_volume": 474.25, "trend": 120.41875, "fair_value": 141.684016, "relative_strength": -19.183905, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.303637, "energy": 60.639911, "activity_lines": [ 122.427006, 120.117358, 116.422915, 117.320777 ] }, { "date": "2025-09-05", "close": 122.915573, "volume": 270, "typical_volume": 480.0, "trend": 120.114798, "fair_value": 141.497188, "relative_strength": -18.04253, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.229636, "energy": 48.780839, "activity_lines": [ 122.921985, 121.087105, 117.208777, 117.481863 ] }, { "date": "2025-09-12", "close": 119.548035, "volume": 232, "typical_volume": 460.65, "trend": 119.74784, "fair_value": 141.328115, "relative_strength": -20.402655, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.546686, "energy": 31.94895, "activity_lines": [ 121.903256, 121.170334, 117.660433, 117.445297 ] }, { "date": "2025-09-19", "close": 117.139847, "volume": 533, "typical_volume": 463.3, "trend": 119.087843, "fair_value": 141.100985, "relative_strength": -20.993957, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.900271, "energy": 14.718144, "activity_lines": [ 120.1087, 120.678732, 117.844128, 117.27704 ] }, { "date": "2025-09-26", "close": 117.23774, "volume": 552, "typical_volume": 472.35, "trend": 118.352822, "fair_value": 140.893475, "relative_strength": -20.680648, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.246498, "energy": 11.332264, "activity_lines": [ 118.797512, 120.090616, 118.01565, 117.157678 ] }, { "date": "2025-10-03", "close": 118.882355, "volume": 355, "typical_volume": 464.1, "trend": 117.720672, "fair_value": 140.720023, "relative_strength": -20.587523, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 1.535765, "energy": 13.780365, "activity_lines": [ 118.452928, 119.851214, 118.315921, 117.191842 ] }, { "date": "2025-10-10", "close": 123.111374, "volume": 1273, "typical_volume": 522.4, "trend": 117.487628, "fair_value": 140.5089, "relative_strength": -15.407444, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.236689, "energy": 23.445661, "activity_lines": [ 119.775149, 120.364614, 118.989344, 117.539629 ] }, { "date": "2025-10-17", "close": 128.358475, "volume": 880, "typical_volume": 553.7, "trend": 117.458171, "fair_value": 140.342265, "relative_strength": -9.332846, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.548925, "energy": 58.363558, "activity_lines": [ 122.833351, 121.721783, 120.092982, 118.240974 ] }, { "date": "2025-10-24", "close": 127.927734, "volume": 108, "typical_volume": 523.9, "trend": 117.300901, "fair_value": 140.12663, "relative_strength": -10.530886, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.31344, "energy": 75.602575, "activity_lines": [ 125.160609, 122.847782, 121.072939, 118.916429 ] }, { "date": "2025-10-31", "close": 124.423149, "volume": 415, "typical_volume": 496.7, "trend": 117.096924, "fair_value": 139.911593, "relative_strength": -14.757086, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.984187, "energy": 72.416468, "activity_lines": [ 125.600481, 123.26337, 121.635787, 119.375929 ] }, { "date": "2025-11-07", "close": 121.153496, "volume": 746, "typical_volume": 499.9, "trend": 117.132607, "fair_value": 139.719801, "relative_strength": -15.237162, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.075659, "energy": 62.568813, "activity_lines": [ 124.47144, 123.067939, 121.819853, 119.637644 ] }, { "date": "2025-11-14", "close": 121.897476, "volume": 277, "typical_volume": 468.85, "trend": 117.193089, "fair_value": 139.51175, "relative_strength": -15.669628, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.527727, "energy": 34.539399, "activity_lines": [ 123.438984, 123.036612, 122.017149, 119.945055 ] }, { "date": "2025-11-21", "close": 125.539139, "volume": 306, "typical_volume": 467.0, "trend": 117.663058, "fair_value": 139.313589, "relative_strength": -11.131297, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.707953, "energy": 31.401809, "activity_lines": [ 123.701341, 123.685915, 122.494293, 120.483509 ] }, { "date": "2025-11-28", "close": 125.03009, "volume": 398, "typical_volume": 483.75, "trend": 118.07654, "fair_value": 139.111126, "relative_strength": -14.497455, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.584418, "energy": 25.970703, "activity_lines": [ 123.981972, 124.133736, 122.858553, 120.958802 ] }, { "date": "2025-12-05", "close": 123.798485, "volume": 375, "typical_volume": 442.25, "trend": 118.490398, "fair_value": 138.914197, "relative_strength": -15.678629, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.892204, "energy": 27.660517, "activity_lines": [ 124.045243, 124.214169, 123.038004, 121.32796 ] }, { "date": "2025-12-12", "close": 126.708832, "volume": 832, "typical_volume": 464.95, "trend": 118.958564, "fair_value": 138.762667, "relative_strength": -13.214697, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.47044, "energy": 44.563048, "activity_lines": [ 125.120275, 124.70447, 123.476405, 121.858181 ] }, { "date": "2025-12-19", "close": 126.114883, "volume": 155, "typical_volume": 454.15, "trend": 119.545244, "fair_value": 138.596746, "relative_strength": -14.955028, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.586487, "energy": 48.243116, "activity_lines": [ 125.626968, 124.94448, 123.816751, 122.319879 ] }, { "date": "2025-12-26", "close": 121.640472, "volume": 405, "typical_volume": 461.35, "trend": 119.899916, "fair_value": 138.404646, "relative_strength": -17.319759, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.28422, "energy": 25.326629, "activity_lines": [ 124.36103, 124.316352, 123.687786, 122.455055 ] }, { "date": "2026-01-02", "close": 120.571373, "volume": 328, "typical_volume": 456.7, "trend": 120.238072, "fair_value": 138.210701, "relative_strength": -18.787472, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.89855, "energy": 9.077976, "activity_lines": [ 122.998637, 123.615988, 123.448959, 122.498375 ] }, { "date": "2026-01-09", "close": 119.08651, "volume": 191, "typical_volume": 445.85, "trend": 120.531896, "fair_value": 138.054577, "relative_strength": -19.77546, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.465597, "energy": 17.191403, "activity_lines": [ 121.438537, 122.779401, 123.084571, 122.424081 ] }, { "date": "2026-01-16", "close": 124.827995, "volume": 419, "typical_volume": 452.5, "trend": 121.057757, "fair_value": 137.971446, "relative_strength": -16.167688, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.740984, "energy": 20.897364, "activity_lines": [ 122.106397, 123.08375, 123.288074, 122.701248 ] }, { "date": "2026-01-23", "close": 120.709961, "volume": 531, "typical_volume": 465.55, "trend": 121.487005, "fair_value": 137.858276, "relative_strength": -18.899402, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.446542, "energy": 13.850215, "activity_lines": [ 121.526969, 122.572556, 123.089436, 122.67881 ] }, { "date": "2026-01-30", "close": 125.085373, "volume": 181, "typical_volume": 463.0, "trend": 121.922711, "fair_value": 137.774519, "relative_strength": -16.452746, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.41661, "energy": 11.317913, "activity_lines": [ 122.766339, 122.878484, 123.318008, 122.910963 ] }, { "date": "2026-02-06", "close": 140.904175, "volume": 1486, "typical_volume": 510.65, "trend": 122.924431, "fair_value": 137.745962, "relative_strength": -6.275849, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.685185, "energy": 74.750938, "activity_lines": [ 129.048983, 126.068807, 125.026764, 124.135573 ] }, { "date": "2026-02-13", "close": 139.577698, "volume": 652, "typical_volume": 515.65, "trend": 123.57799, "fair_value": 137.705261, "relative_strength": -5.962091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.025051, "energy": 87.420343, "activity_lines": [ 133.533948, 128.729333, 126.496025, 125.209978 ] }, { "date": "2026-02-20", "close": 137.71666, "volume": 595, "typical_volume": 527.65, "trend": 124.235336, "fair_value": 137.645118, "relative_strength": -9.503025, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.205197, "energy": 87.936801, "activity_lines": [ 136.032488, 130.764593, 127.681664, 126.12215 ] }, { "date": "2026-02-27", "close": 141.300156, "volume": 275, "typical_volume": 477.75, "trend": 125.043753, "fair_value": 137.617921, "relative_strength": -4.811708, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.74033, "energy": 91.605202, "activity_lines": [ 138.866282, 133.251256, 129.118901, 127.223106 ] }, { "date": "2026-03-06", "close": 135.639999, "volume": 113, "typical_volume": 439.4, "trend": 125.566701, "fair_value": 137.559485, "relative_strength": -3.081846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.802742, "energy": 82.528755, "activity_lines": [ 138.440678, 134.432704, 129.930462, 127.906735 ] }, { "date": "2026-03-13", "close": 140.160004, "volume": 320, "typical_volume": 450.0, "trend": 126.108671, "fair_value": 137.515006, "relative_strength": 3.101498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.808631, "energy": 66.58103, "activity_lines": [ 138.8181, 136.181433, 131.137826, 128.848238 ] }, { "date": "2026-03-20", "close": 131.440002, "volume": 442, "typical_volume": 451.35, "trend": 126.37288, "fair_value": 137.406721, "relative_strength": -1.673757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.011093, "energy": 45.6121, "activity_lines": [ 136.338466, 135.988551, 131.456465, 129.192195 ] }, { "date": "2026-03-27", "close": 132.520004, "volume": 701, "typical_volume": 449.1, "trend": 126.698902, "fair_value": 137.297564, "relative_strength": -1.808587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.796676, "energy": 29.041966, "activity_lines": [ 134.761346, 135.767424, 131.844547, 129.588784 ] }, { "date": "2026-04-03", "close": 133.000702, "volume": 303, "typical_volume": 450.4, "trend": 127.035073, "fair_value": 137.183808, "relative_strength": -4.078366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.773621, "energy": 22.248616, "activity_lines": [ 133.690903, 135.493842, 132.224284, 129.995351 ] }, { "date": "2026-04-10", "close": 132.447433, "volume": 429, "typical_volume": 456.55, "trend": 127.465053, "fair_value": 137.077396, "relative_strength": -9.680038, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.55582, "energy": 22.763358, "activity_lines": [ 132.989333, 134.896198, 132.498456, 130.344536 ] }, { "date": "2026-04-17", "close": 131.87442, "volume": 334, "typical_volume": 453.35, "trend": 127.956205, "fair_value": 136.954013, "relative_strength": -11.670357, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.760706, "energy": 19.736889, "activity_lines": [ 132.309597, 134.060514, 132.685159, 130.629011 ] }, { "date": "2026-04-24", "close": 131.143326, "volume": 292, "typical_volume": 449.2, "trend": 128.419725, "fair_value": 136.817461, "relative_strength": -8.722314, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.468366, "energy": 17.028918, "activity_lines": [ 131.938534, 133.256081, 132.769642, 130.834632 ] }, { "date": "2026-05-01", "close": 132.882141, "volume": 341, "typical_volume": 424.65, "trend": 128.886385, "fair_value": 136.65824, "relative_strength": -7.851829, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.141739, "energy": 11.910209, "activity_lines": [ 132.166856, 132.921148, 132.984751, 131.12253 ] }, { "date": "2026-05-08", "close": 130.688858, "volume": 292, "typical_volume": 431.5, "trend": 129.138967, "fair_value": 136.465931, "relative_strength": -10.492034, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.565668, "energy": 11.068049, "activity_lines": [ 131.63994, 132.275337, 132.961579, 131.238818 ] }, { "date": "2026-05-15", "close": 126.796242, "volume": 498, "typical_volume": 436.15, "trend": 129.086893, "fair_value": 136.262195, "relative_strength": -12.552677, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.142162, "energy": 14.553627, "activity_lines": [ 129.969609, 131.11471, 132.5459, 131.087675 ] }, { "date": "2026-05-22", "close": 127.072876, "volume": 304, "typical_volume": 434.95, "trend": 129.058398, "fair_value": 136.092787, "relative_strength": -13.925721, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.382078, "energy": 36.448954, "activity_lines": [ 128.768235, 130.165176, 132.132017, 130.957738 ] }, { "date": "2026-05-29", "close": 121.559998, "volume": 507, "typical_volume": 450.75, "trend": 128.962959, "fair_value": 135.881902, "relative_strength": -19.551852, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.18861, "energy": 58.638708, "activity_lines": [ 126.049338, 128.451249, 131.162138, 130.47397 ] }, { "date": "2026-06-05", "close": 123.940002, "volume": 175, "typical_volume": 438.55, "trend": 129.055843, "fair_value": 135.699784, "relative_strength": -16.814852, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.69518, "energy": 60.038791, "activity_lines": [ 124.762665, 127.349685, 130.407148, 130.149909 ] }, { "date": "2026-06-12", "close": 123.599998, "volume": 95, "typical_volume": 416.75, "trend": 129.112594, "fair_value": 135.503361, "relative_strength": -19.002109, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.484233, "energy": 64.039343, "activity_lines": [ 123.958799, 126.342303, 129.624004, 129.797919 ] }, { "date": "2026-06-19", "close": 124.019997, "volume": 26, "typical_volume": 409.0, "trend": 129.061955, "fair_value": 135.305588, "relative_strength": -21.694226, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.175144, "energy": 65.645077, "activity_lines": [ 123.767524, 125.582206, 128.867099, 129.469364 ] }, { "date": "2026-06-26", "close": 124.339996, "volume": 46, "typical_volume": 337.0, "trend": 129.038952, "fair_value": 135.125919, "relative_strength": -19.686322, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.180086, "energy": 56.896551, "activity_lines": [ 123.867998, 125.033517, 128.145743, 129.164722 ] }, { "date": "2026-07-03", "close": 126.239998, "volume": 73, "typical_volume": 308.05, "trend": 129.120336, "fair_value": 134.965357, "relative_strength": -20.040718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.205301, "energy": 44.830594, "activity_lines": [ 124.783998, 124.967273, 127.684217, 128.984144 ] }, { "date": "2026-07-10", "close": 119.580002, "volume": 3955, "typical_volume": 476.05, "trend": 128.882708, "fair_value": 134.767185, "relative_strength": -22.92519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.309194, "energy": 55.368779, "activity_lines": [ 123.167999, 123.779271, 126.651918, 128.368638 ] }, { "date": "2026-07-17", "close": 121.379997, "volume": 617, "typical_volume": 493.15, "trend": 128.724879, "fair_value": 134.558379, "relative_strength": -19.795372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.660847, "energy": 49.636591, "activity_lines": [ 122.442665, 123.160398, 125.877412, 127.884593 ] }, { "date": "2026-07-24", "close": 119.379997, "volume": 883, "typical_volume": 531.65, "trend": 128.64953, "fair_value": 134.324511, "relative_strength": -21.766727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.423397, "energy": 59.898389, "activity_lines": [ 121.198665, 122.347141, 125.007288, 127.281697 ] }, { "date": "2026-07-31", "close": 121.480003, "volume": 1901, "typical_volume": 610.7, "trend": 128.679817, "fair_value": 134.125007, "relative_strength": -19.930355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.345547, "energy": 57.127782, "activity_lines": [ 120.964, 122.050544, 124.414593, 126.819147 ] }, { "date": "2026-08-07", "close": 119.82, "volume": 2172, "typical_volume": 697.2, "trend": 128.704267, "fair_value": 133.924909, "relative_strength": -22.87001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.665454, "energy": 50.567924, "activity_lines": [ 120.366667, 121.553817, 123.752755, 126.247546 ] } ], "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." } } }