{ "ticker": { "uuid": "1951509f-3248-4828-b63d-b3bf1bca14ee", "symbol": "B1AX34", "name": "Baxter International Inc.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 71.361, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 91.334, "architecture_energy": 78.963, "architecture_maturity": 26.0, "architecture_confidence": 72.031, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 14.44, "rotation_up": 83.42, "upward_expansion": 90.02, "deceleration": 50.24, "rotation_down": 9.67, "downward_expansion": 14.36 }, "activity_lines": [ 64.121333, 60.769091, 55.442162, 53.074431 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 70.699997, "trend_reference": 51.384494, "distance_from_trend": 0.375901, "trend_direction": "Improving", "fair_value": 79.169955, "distance_from_fair_value": -0.106984, "fair_value_direction": "Improving", "relative_strength": 24.682704, "relative_strength_direction": "Improving", "price_momentum": 0.250407, "excess_performance": 0.307456, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.375901, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043741, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.106984, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.389351, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.246827, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.671398, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.250407, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 19.555556, "read": "Demand-led" } ], "volume": { "latest": 21, "relative_activity": 0.111821, "balance": 19.555556, "dry_up": 0.151757, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.068898, "annualized_volatility": 0.524755, "from_high_reference": -0.035076, "from_low_reference": 0.726255 }, "levels": { "trend_reference": 51.384494, "fair_value_reference": 79.169955, "structural_low": 40.9557, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.008966, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.012408, "regime_survival": 0.333333, "best_return": 0.011458, "worst_return": -0.128265, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.152146, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.0804, "regime_survival": 0.0, "best_return": -0.143476, "worst_return": -0.160816, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.020928, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.047324, "regime_survival": 0.0, "best_return": 0.039959, "worst_return": -0.081816, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.013526, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.029548, "regime_survival": 0.0, "best_return": 0.013526, "worst_return": 0.013526, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-03", "end": "2024-06-21", "tenure": "Developing", "return": -0.048246, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2024-07-26", "tenure": "Developing", "return": 0.154405, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-09-20", "tenure": "Developing", "return": 0.075687, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-10-11", "tenure": "New", "return": 0.00372, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": -0.021637, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": -0.043487, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.034464, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.117792, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2026-02-13", "tenure": "Extended", "return": -0.373162, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.173866, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-06-12", "tenure": "Established", "return": 0.210614, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": 0.161328, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.294872, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 99.390907, "volume": 166, "typical_volume": 420.2, "trend": 102.743586, "fair_value": 165.184376, "relative_strength": -16.845469, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.872063, "energy": 14.387125, "activity_lines": [ 102.879459, 104.680124, 104.00826, 103.202032 ] }, { "date": "2023-08-25", "close": 97.265617, "volume": 1613, "typical_volume": 498.2, "trend": 102.26263, "fair_value": 164.728545, "relative_strength": -18.356732, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.587666, "energy": 30.423406, "activity_lines": [ 100.341233, 103.238893, 103.39204, 102.848615 ] }, { "date": "2023-09-01", "close": 97.764465, "volume": 0, "typical_volume": 492.75, "trend": 101.750117, "fair_value": 164.282118, "relative_strength": -18.749387, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.395102, "energy": 50.261634, "activity_lines": [ 98.967474, 102.031615, 102.844425, 102.558411 ] }, { "date": "2023-09-08", "close": 92.760757, "volume": 2, "typical_volume": 489.45, "trend": 101.498179, "fair_value": 163.808467, "relative_strength": -20.46174, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.619183, "energy": 69.766222, "activity_lines": [ 96.550567, 100.012201, 101.83287, 101.978452 ] }, { "date": "2023-09-15", "close": 92.568314, "volume": 21, "typical_volume": 406.8, "trend": 101.244234, "fair_value": 163.339781, "relative_strength": -22.13616, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.763623, "energy": 75.411433, "activity_lines": [ 94.740009, 98.180869, 100.856225, 101.402332 ] }, { "date": "2023-09-22", "close": 89.489113, "volume": 23, "typical_volume": 403.5, "trend": 100.903952, "fair_value": 162.857097, "relative_strength": -22.281648, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.364075, "energy": 90.94337, "activity_lines": [ 92.586376, 96.022343, 99.683337, 100.643937 ] }, { "date": "2023-09-29", "close": 89.489113, "volume": 0, "typical_volume": 354.35, "trend": 100.602994, "fair_value": 162.380682, "relative_strength": -21.930496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.24071, "energy": 91.462474, "activity_lines": [ 91.092863, 94.215822, 98.59997, 99.907496 ] }, { "date": "2023-10-06", "close": 89.489113, "volume": 3, "typical_volume": 347.5, "trend": 100.436502, "fair_value": 161.910414, "relative_strength": -19.69591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.495742, "energy": 90.25322, "activity_lines": [ 90.117783, 92.822925, 97.563539, 99.190471 ] }, { "date": "2023-10-13", "close": 76.979897, "volume": 25, "typical_volume": 344.85, "trend": 99.867623, "fair_value": 161.365987, "relative_strength": -31.115575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.234943, "energy": 98.749122, "activity_lines": [ 85.524654, 89.476474, 95.395602, 97.677142 ] }, { "date": "2023-10-20", "close": 79.520233, "volume": 15, "typical_volume": 334.85, "trend": 99.250227, "fair_value": 160.521009, "relative_strength": -26.575392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.478448, "energy": 96.022321, "activity_lines": [ 82.830362, 87.061689, 93.570079, 96.364407 ] }, { "date": "2023-10-27", "close": 77.768929, "volume": 1, "typical_volume": 331.65, "trend": 98.593798, "fair_value": 159.715675, "relative_strength": -27.536169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.342906, "energy": 96.221625, "activity_lines": [ 80.422174, 84.752085, 91.665367, 94.978517 ] }, { "date": "2023-11-03", "close": 78.442513, "volume": 1, "typical_volume": 324.6, "trend": 97.818697, "fair_value": 158.914658, "relative_strength": -29.419532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.492996, "energy": 91.408875, "activity_lines": [ 79.019859, 82.958077, 89.921704, 93.678434 ] }, { "date": "2023-11-10", "close": 78.442513, "volume": 0, "typical_volume": 321.5, "trend": 97.086409, "fair_value": 158.113642, "relative_strength": -30.038029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.63407, "energy": 88.953516, "activity_lines": [ 78.353984, 81.506308, 88.305194, 92.428357 ] }, { "date": "2023-11-17", "close": 78.442513, "volume": 0, "typical_volume": 319.05, "trend": 96.236464, "fair_value": 157.312626, "relative_strength": -31.598552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.282129, "energy": 88.417032, "activity_lines": [ 78.42455, 80.405847, 86.806263, 91.225525 ] }, { "date": "2023-11-24", "close": 84.976189, "volume": 172, "typical_volume": 324.1, "trend": 95.3043, "fair_value": 156.553492, "relative_strength": -25.208086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.170652, "energy": 66.105892, "activity_lines": [ 80.575499, 80.753658, 86.056192, 90.499056 ] }, { "date": "2023-12-01", "close": 85.00206, "volume": 2, "typical_volume": 321.6, "trend": 94.528076, "fair_value": 155.896736, "relative_strength": -25.877877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.611361, "energy": 54.766121, "activity_lines": [ 82.371342, 81.244212, 85.405673, 89.834395 ] }, { "date": "2023-12-08", "close": 85.00206, "volume": 0, "typical_volume": 236.5, "trend": 94.049959, "fair_value": 155.232856, "relative_strength": -24.4201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.860741, "energy": 38.865201, "activity_lines": [ 83.684976, 81.816349, 84.868713, 89.219814 ] }, { "date": "2023-12-15", "close": 91.775902, "volume": 2, "typical_volume": 227.8, "trend": 93.707254, "fair_value": 154.610691, "relative_strength": -19.466605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.7075, "energy": 38.175738, "activity_lines": [ 86.819255, 83.701677, 85.106577, 89.0731 ] }, { "date": "2023-12-22", "close": 91.775902, "volume": 0, "typical_volume": 102.3, "trend": 93.49711, "fair_value": 153.991882, "relative_strength": -20.266835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.802397, "energy": 41.663649, "activity_lines": [ 89.06464, 85.545426, 85.417584, 88.948497 ] }, { "date": "2023-12-29", "close": 91.775902, "volume": 0, "typical_volume": 102.3, "trend": 93.29242, "fair_value": 153.373073, "relative_strength": -20.285679, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 19.102889, "energy": 46.943247, "activity_lines": [ 90.421134, 87.120157, 85.781173, 88.837451 ] }, { "date": "2024-01-05", "close": 91.775902, "volume": 0, "typical_volume": 94.0, "trend": 93.081029, "fair_value": 152.692559, "relative_strength": -18.225915, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 15.390748, "energy": 48.041694, "activity_lines": [ 91.324313, 88.472057, 86.197345, 88.739611 ] }, { "date": "2024-01-12", "close": 98.994911, "volume": 3, "typical_volume": 13.5, "trend": 92.876042, "fair_value": 152.064798, "relative_strength": -10.654429, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.160386, "energy": 85.975794, "activity_lines": [ 94.182238, 90.881833, 87.337303, 89.121152 ] }, { "date": "2024-01-19", "close": 91.969452, "volume": 1, "typical_volume": 13.55, "trend": 92.503887, "fair_value": 151.377872, "relative_strength": -14.348094, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.779272, "energy": 74.394857, "activity_lines": [ 93.765488, 91.640572, 87.799935, 89.062662 ] }, { "date": "2024-01-26", "close": 93.769363, "volume": 9, "typical_volume": 13.9, "trend": 92.128544, "fair_value": 150.702483, "relative_strength": -13.044869, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.170069, "energy": 69.066768, "activity_lines": [ 93.935804, 92.480624, 88.461582, 89.144306 ] }, { "date": "2024-02-02", "close": 92.124283, "volume": 1, "typical_volume": 12.9, "trend": 91.687197, "fair_value": 150.038333, "relative_strength": -12.732122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.78915, "energy": 47.558469, "activity_lines": [ 93.424863, 92.7429, 88.961753, 89.144031 ] }, { "date": "2024-02-09", "close": 92.317825, "volume": 1, "typical_volume": 11.8, "trend": 91.136144, "fair_value": 149.399564, "relative_strength": -12.707653, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.549033, "energy": 33.614137, "activity_lines": [ 92.955211, 92.9104, 89.48247, 89.184717 ] }, { "date": "2024-02-16", "close": 92.317825, "volume": 0, "typical_volume": 11.8, "trend": 90.472125, "fair_value": 148.760795, "relative_strength": -12.777386, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 17.944593, "energy": 27.421752, "activity_lines": [ 92.44943, 92.944887, 89.989717, 89.260954 ] }, { "date": "2024-02-23", "close": 102.043137, "volume": 195, "typical_volume": 21.4, "trend": 90.30237, "fair_value": 148.184368, "relative_strength": -3.760245, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 61.434398, "energy": 58.354247, "activity_lines": [ 95.630559, 94.614598, 91.409715, 90.007471 ] }, { "date": "2024-03-01", "close": 102.541199, "volume": 0, "typical_volume": 20.15, "trend": 90.293137, "fair_value": 147.611133, "relative_strength": -2.758421, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 89.590711, "energy": 93.875932, "activity_lines": [ 98.30613, 96.188188, 92.817366, 90.797073 ] }, { "date": "2024-03-08", "close": 102.687065, "volume": 32, "typical_volume": 21.0, "trend": 90.288766, "fair_value": 147.038833, "relative_strength": -0.761343, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.006966, "energy": 92.717412, "activity_lines": [ 100.445534, 97.592567, 94.117188, 91.596681 ] }, { "date": "2024-03-15", "close": 102.687065, "volume": 0, "typical_volume": 20.95, "trend": 90.398638, "fair_value": 146.466534, "relative_strength": -0.239919, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.162451, "energy": 91.177783, "activity_lines": [ 101.880752, 98.798562, 95.306692, 92.396572 ] }, { "date": "2024-03-22", "close": 102.687065, "volume": 0, "typical_volume": 20.9, "trend": 90.579353, "fair_value": 145.759404, "relative_strength": -0.029008, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.122066, "energy": 88.87247, "activity_lines": [ 102.624688, 99.806171, 96.377538, 93.189373 ] }, { "date": "2024-03-29", "close": 103.863678, "volume": 30, "typical_volume": 22.4, "trend": 90.78266, "fair_value": 145.059816, "relative_strength": 0.613802, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.123395, "energy": 89.499938, "activity_lines": [ 103.069545, 100.96058, 97.444993, 94.046427 ] }, { "date": "2024-04-05", "close": 103.863678, "volume": 0, "typical_volume": 22.4, "trend": 91.152757, "fair_value": 144.360228, "relative_strength": 2.115953, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.812392, "energy": 82.432714, "activity_lines": [ 103.393033, 101.898731, 98.391394, 94.890363 ] }, { "date": "2024-04-12", "close": 103.863678, "volume": 0, "typical_volume": 13.8, "trend": 91.529269, "fair_value": 143.660641, "relative_strength": 3.101214, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.420631, "energy": 73.202993, "activity_lines": [ 103.628355, 102.653348, 99.216742, 95.710423 ] }, { "date": "2024-04-19", "close": 103.863678, "volume": 0, "typical_volume": 13.7, "trend": 92.008421, "fair_value": 142.961053, "relative_strength": 4.193957, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.118497, "energy": 89.176331, "activity_lines": [ 103.785237, 103.194522, 99.95215, 96.506191 ] }, { "date": "2024-04-26", "close": 99.380844, "volume": 2, "typical_volume": 13.8, "trend": 92.338146, "fair_value": 142.22743, "relative_strength": -0.698273, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.747392, "energy": 61.327203, "activity_lines": [ 102.3694, 102.710711, 100.170803, 96.981831 ] }, { "date": "2024-05-03", "close": 90.541588, "volume": 3, "typical_volume": 13.85, "trend": 92.373228, "fair_value": 141.443034, "relative_strength": -10.21639, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 4.613257, "energy": 27.581325, "activity_lines": [ 98.227559, 100.491343, 99.479153, 96.865924 ] }, { "date": "2024-05-10", "close": 89.637245, "volume": 2, "typical_volume": 13.95, "trend": 92.79514, "fair_value": 140.65284, "relative_strength": -10.009228, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -28.851988, "energy": 49.527636, "activity_lines": [ 94.67241, 98.316669, 98.707252, 96.689409 ] }, { "date": "2024-05-17", "close": 87.371513, "volume": 2, "typical_volume": 14.05, "trend": 93.056849, "fair_value": 139.848122, "relative_strength": -12.142095, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -52.576754, "energy": 63.212672, "activity_lines": [ 91.310445, 95.964661, 97.729752, 96.339498 ] }, { "date": "2024-05-24", "close": 85.767021, "volume": 5, "typical_volume": 14.3, "trend": 93.323452, "fair_value": 139.033119, "relative_strength": -10.657443, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.646663, "energy": 82.718149, "activity_lines": [ 88.513127, 93.599391, 96.620416, 95.869186 ] }, { "date": "2024-05-31", "close": 92.698975, "volume": 1005, "typical_volume": 64.4, "trend": 93.798668, "fair_value": 138.258393, "relative_strength": -1.418506, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.064101, "energy": 75.369687, "activity_lines": [ 89.232905, 92.802114, 96.199879, 95.828897 ] }, { "date": "2024-06-07", "close": 86.173355, "volume": 62, "typical_volume": 67.45, "trend": 94.056362, "fair_value": 137.596627, "relative_strength": -7.0583, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.507488, "energy": 83.209361, "activity_lines": [ 88.222934, 90.999963, 95.187836, 95.336942 ] }, { "date": "2024-06-14", "close": 86.173355, "volume": 0, "typical_volume": 67.0, "trend": 94.314057, "fair_value": 136.934861, "relative_strength": -5.810219, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.119361, "energy": 62.865762, "activity_lines": [ 87.504178, 89.519453, 94.203393, 94.828361 ] }, { "date": "2024-06-21", "close": 86.173355, "volume": 0, "typical_volume": 66.95, "trend": 94.353963, "fair_value": 136.273094, "relative_strength": -6.746054, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.312854, "energy": 67.573914, "activity_lines": [ 87.016349, 88.360586, 93.255122, 94.303154 ] }, { "date": "2024-06-28", "close": 86.173355, "volume": 0, "typical_volume": 66.9, "trend": 94.393006, "fair_value": 135.604654, "relative_strength": -8.227771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.658598, "energy": 68.124125, "activity_lines": [ 86.608396, 87.523361, 92.335189, 93.775373 ] }, { "date": "2024-07-05", "close": 91.749969, "volume": 1002, "typical_volume": 117.0, "trend": 94.617936, "fair_value": 134.971961, "relative_strength": -3.725327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.832203, "energy": 51.569425, "activity_lines": [ 88.032226, 88.021708, 91.975621, 93.604854 ] }, { "date": "2024-07-12", "close": 94.117592, "volume": 5, "typical_volume": 107.5, "trend": 94.695993, "fair_value": 134.354446, "relative_strength": -2.774081, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.010695, "energy": 29.103235, "activity_lines": [ 90.308531, 89.089275, 91.844244, 93.572574 ] }, { "date": "2024-07-19", "close": 96.025375, "volume": 1, "typical_volume": 107.55, "trend": 94.837642, "fair_value": 133.749159, "relative_strength": 0.659426, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.383312, "energy": 25.001011, "activity_lines": [ 92.691148, 90.438693, 91.932303, 93.658341 ] }, { "date": "2024-07-26", "close": 99.478958, "volume": 1, "typical_volume": 106.0, "trend": 95.09441, "fair_value": 133.192292, "relative_strength": 4.680378, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 28.972803, "energy": 40.2841, "activity_lines": [ 95.568157, 92.299888, 92.380301, 93.95778 ] }, { "date": "2024-08-02", "close": 100.574722, "volume": 632, "typical_volume": 137.6, "trend": 95.387704, "fair_value": 132.673572, "relative_strength": 7.380435, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.178465, "energy": 54.588048, "activity_lines": [ 97.923381, 94.140177, 92.947935, 94.311349 ] }, { "date": "2024-08-09", "close": 101.259567, "volume": 3, "typical_volume": 137.75, "trend": 95.463193, "fair_value": 132.164793, "relative_strength": 4.428884, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.611666, "energy": 73.310605, "activity_lines": [ 99.546796, 95.835753, 93.590851, 94.690179 ] }, { "date": "2024-08-16", "close": 96.563461, "volume": 25, "typical_volume": 137.5, "trend": 95.616326, "fair_value": 131.586993, "relative_strength": -2.541524, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.928999, "energy": 60.3545, "activity_lines": [ 98.970869, 96.521844, 93.793316, 94.761164 ] }, { "date": "2024-08-23", "close": 98.001648, "volume": 64, "typical_volume": 140.7, "trend": 95.757402, "fair_value": 131.07676, "relative_strength": -1.999044, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.304278, "energy": 51.662308, "activity_lines": [ 98.711279, 97.280512, 94.167515, 94.915056 ] }, { "date": "2024-08-30", "close": 103.259544, "volume": 4, "typical_volume": 140.9, "trend": 96.128578, "fair_value": 130.46443, "relative_strength": 3.146518, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.861006, "energy": 48.168652, "activity_lines": [ 100.07257, 98.780102, 95.07038, 95.399065 ] }, { "date": "2024-09-06", "close": 106.790375, "volume": 30, "typical_volume": 142.4, "trend": 96.610996, "fair_value": 129.880544, "relative_strength": 7.839238, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 63.096919, "energy": 67.788231, "activity_lines": [ 102.358766, 100.611003, 96.312391, 96.086923 ] }, { "date": "2024-09-13", "close": 108.186966, "volume": 1, "typical_volume": 142.35, "trend": 97.139968, "fair_value": 129.266602, "relative_strength": 8.934074, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.187023, "energy": 84.528806, "activity_lines": [ 104.696115, 102.320975, 97.673474, 96.833759 ] }, { "date": "2024-09-20", "close": 108.186966, "volume": 1, "typical_volume": 142.25, "trend": 97.344762, "fair_value": 128.676611, "relative_strength": 11.948529, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.945694, "energy": 91.9176, "activity_lines": [ 106.571637, 103.732092, 98.992624, 97.546469 ] }, { "date": "2024-09-27", "close": 103.112, "volume": 2, "typical_volume": 142.25, "trend": 97.363789, "fair_value": 128.039919, "relative_strength": 5.333574, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.122618, "energy": 84.975288, "activity_lines": [ 105.980604, 103.964682, 99.744418, 97.918549 ] }, { "date": "2024-10-04", "close": 94.811119, "volume": 6, "typical_volume": 142.45, "trend": 97.101257, "fair_value": 127.333062, "relative_strength": -2.292683, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.115214, "energy": 35.861576, "activity_lines": [ 102.28192, 102.559172, 99.641486, 97.75386 ] }, { "date": "2024-10-11", "close": 103.495583, "volume": 5, "typical_volume": 142.45, "trend": 97.128208, "fair_value": 126.700133, "relative_strength": 7.764832, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.280612, "energy": 29.911637, "activity_lines": [ 102.041286, 102.817526, 100.330219, 98.166398 ] }, { "date": "2024-10-18", "close": 104.547951, "volume": 5, "typical_volume": 92.45, "trend": 97.190237, "fair_value": 125.997952, "relative_strength": 8.160686, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.741986, "energy": 29.6366, "activity_lines": [ 102.371094, 103.214113, 101.034756, 98.645091 ] }, { "date": "2024-10-25", "close": 102.187515, "volume": 1, "typical_volume": 89.4, "trend": 97.134365, "fair_value": 125.341996, "relative_strength": 5.935997, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.171839, "energy": 25.892823, "activity_lines": [ 102.156691, 103.121741, 101.458066, 98.967496 ] }, { "date": "2024-11-01", "close": 102.285866, "volume": 3, "typical_volume": 89.55, "trend": 97.081771, "fair_value": 124.720875, "relative_strength": 7.131433, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.109236, "energy": 31.412923, "activity_lines": [ 102.375035, 102.944996, 101.814485, 99.299851 ] }, { "date": "2024-11-08", "close": 102.285866, "volume": 0, "typical_volume": 89.55, "trend": 97.029178, "fair_value": 124.093886, "relative_strength": 6.961472, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.223885, "energy": 29.546659, "activity_lines": [ 102.648455, 102.690355, 102.094177, 99.635599 ] }, { "date": "2024-11-15", "close": 91.486832, "volume": 7, "typical_volume": 89.9, "trend": 96.616616, "fair_value": 123.362755, "relative_strength": -4.520398, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -16.635215, "energy": 22.408636, "activity_lines": [ 98.82388, 100.489957, 101.268664, 99.278028 ] }, { "date": "2024-11-22", "close": 95.696297, "volume": 1, "typical_volume": 39.85, "trend": 96.493798, "fair_value": 122.697911, "relative_strength": -1.321572, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -7.471998, "energy": 26.457168, "activity_lines": [ 97.203044, 99.333163, 100.81875, 99.218653 ] }, { "date": "2024-11-29", "close": 96.057793, "volume": 0, "typical_volume": 39.6, "trend": 96.677671, "fair_value": 121.999231, "relative_strength": 1.514675, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.119391, "energy": 46.861558, "activity_lines": [ 96.292816, 98.469198, 100.384472, 99.190523 ] }, { "date": "2024-12-06", "close": 94.764511, "volume": 10, "typical_volume": 40.05, "trend": 96.84858, "fair_value": 121.253883, "relative_strength": -0.286058, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.354222, "energy": 55.069696, "activity_lines": [ 95.360143, 97.590621, 99.817786, 99.067094 ] }, { "date": "2024-12-13", "close": 90.450302, "volume": 19, "typical_volume": 40.95, "trend": 96.951206, "fair_value": 120.408526, "relative_strength": -3.858073, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.678547, "energy": 64.889796, "activity_lines": [ 93.490824, 96.079416, 98.846226, 98.654301 ] }, { "date": "2024-12-20", "close": 88.317886, "volume": 9, "typical_volume": 9.8, "trend": 97.036235, "fair_value": 119.525699, "relative_strength": -4.272905, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.120476, "energy": 71.530987, "activity_lines": [ 91.699737, 94.259785, 97.714573, 98.097313 ] }, { "date": "2024-12-27", "close": 88.317886, "volume": 0, "typical_volume": 9.65, "trend": 96.890199, "fair_value": 118.657867, "relative_strength": -2.938413, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.500474, "energy": 77.394334, "activity_lines": [ 90.119913, 92.716114, 96.641286, 97.534839 ] }, { "date": "2025-01-03", "close": 88.317886, "volume": 0, "typical_volume": 8.4, "trend": 96.961683, "fair_value": 117.755881, "relative_strength": -1.641733, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.868762, "energy": 80.467703, "activity_lines": [ 89.031983, 91.467534, 95.629626, 96.981786 ] }, { "date": "2025-01-10", "close": 87.508354, "volume": 14, "typical_volume": 5.9, "trend": 97.006183, "fair_value": 116.906719, "relative_strength": -2.760005, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.697578, "energy": 90.608483, "activity_lines": [ 88.190203, 90.323941, 94.580132, 96.371894 ] }, { "date": "2025-01-17", "close": 90.80571, "volume": 25, "typical_volume": 6.95, "trend": 97.160595, "fair_value": 116.091546, "relative_strength": -2.03131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.095037, "energy": 84.87825, "activity_lines": [ 88.931285, 90.04855, 93.89464, 95.971864 ] }, { "date": "2025-01-24", "close": 90.80571, "volume": 0, "typical_volume": 5.45, "trend": 97.315007, "fair_value": 115.304577, "relative_strength": -2.144966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.09593, "energy": 70.274715, "activity_lines": [ 89.648674, 89.981889, 93.268452, 95.561871 ] }, { "date": "2025-01-31", "close": 96.156517, "volume": 5, "typical_volume": 5.65, "trend": 97.461892, "fair_value": 114.544172, "relative_strength": 0.494644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.00283, "energy": 30.210593, "activity_lines": [ 91.98381, 90.900486, 93.227982, 95.48713 ] }, { "date": "2025-02-07", "close": 88.633797, "volume": 2, "typical_volume": 5.7, "trend": 97.279099, "fair_value": 113.764701, "relative_strength": -6.217169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.214035, "energy": 29.761024, "activity_lines": [ 91.288797, 90.442948, 92.528351, 94.917575 ] }, { "date": "2025-02-14", "close": 85.405548, "volume": 2, "typical_volume": 5.7, "trend": 96.925105, "fair_value": 113.059559, "relative_strength": -12.056293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.502435, "energy": 50.76017, "activity_lines": [ 89.496641, 89.533438, 91.614377, 94.15154 ] }, { "date": "2025-02-21", "close": 93.935249, "volume": 2002, "typical_volume": 105.5, "trend": 96.740314, "fair_value": 112.334038, "relative_strength": -2.320063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.095648, "energy": 27.587467, "activity_lines": [ 90.687905, 90.344945, 91.597073, 93.958646 ] }, { "date": "2025-02-28", "close": 100.490219, "volume": 4, "typical_volume": 105.45, "trend": 96.737497, "fair_value": 111.683599, "relative_strength": 8.112533, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.271831, "energy": 9.324028, "activity_lines": [ 93.855523, 92.284902, 92.208222, 94.200575 ] }, { "date": "2025-03-07", "close": 104.075974, "volume": 2, "typical_volume": 105.3, "trend": 96.831378, "fair_value": 111.182186, "relative_strength": 9.900151, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.144654, "energy": 45.034499, "activity_lines": [ 97.572759, 94.655499, 93.175183, 94.674025 ] }, { "date": "2025-03-14", "close": 104.075974, "volume": 0, "typical_volume": 105.25, "trend": 97.081795, "fair_value": 110.66645, "relative_strength": 6.566244, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.072838, "energy": 73.873807, "activity_lines": [ 100.762031, 96.739586, 94.144391, 95.141419 ] }, { "date": "2025-03-21", "close": 94.378601, "volume": 3, "typical_volume": 105.25, "trend": 96.961027, "fair_value": 110.15569, "relative_strength": -5.608712, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.327168, "energy": 57.294965, "activity_lines": [ 99.689367, 96.774004, 94.181047, 94.967019 ] }, { "date": "2025-03-28", "close": 94.675758, "volume": 6, "typical_volume": 105.55, "trend": 96.6749, "fair_value": 109.66271, "relative_strength": -4.768084, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.996045, "energy": 50.048034, "activity_lines": [ 98.117552, 96.737536, 94.283658, 94.819582 ] }, { "date": "2025-04-04", "close": 88.653282, "volume": 5, "typical_volume": 105.45, "trend": 96.070331, "fair_value": 109.103492, "relative_strength": -7.28049, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -44.599405, "energy": 22.376354, "activity_lines": [ 94.488878, 95.535708, 93.848938, 94.302059 ] }, { "date": "2025-04-11", "close": 79.837479, "volume": 19, "typical_volume": 106.35, "trend": 95.125348, "fair_value": 108.540042, "relative_strength": -16.352362, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.856812, "energy": 54.773748, "activity_lines": [ 88.710732, 92.770142, 92.588111, 93.254778 ] }, { "date": "2025-04-18", "close": 79.837479, "volume": 0, "typical_volume": 106.35, "trend": 94.180365, "fair_value": 107.997897, "relative_strength": -17.165416, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.703531, "energy": 78.776087, "activity_lines": [ 84.548485, 90.301286, 91.402802, 92.268464 ] }, { "date": "2025-04-25", "close": 82.660507, "volume": 6, "typical_volume": 106.15, "trend": 93.498648, "fair_value": 107.473669, "relative_strength": -17.106878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.896319, "energy": 82.452664, "activity_lines": [ 82.943147, 88.505641, 90.563593, 91.525247 ] }, { "date": "2025-05-02", "close": 87.306152, "volume": 2, "typical_volume": 105.3, "trend": 93.248483, "fair_value": 106.943294, "relative_strength": -12.571215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.962963, "energy": 80.121928, "activity_lines": [ 83.667564, 87.604568, 90.224464, 91.125731 ] }, { "date": "2025-05-09", "close": 87.06842, "volume": 3, "typical_volume": 105.0, "trend": 92.700911, "fair_value": 106.397013, "relative_strength": -13.543894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.54773, "energy": 71.126476, "activity_lines": [ 84.804044, 86.7808, 89.877666, 90.727017 ] }, { "date": "2025-05-16", "close": 88.791962, "volume": 9, "typical_volume": 105.45, "trend": 92.175711, "fair_value": 105.91203, "relative_strength": -13.427978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.716346, "energy": 34.138956, "activity_lines": [ 86.620696, 86.514437, 89.700965, 90.474827 ] }, { "date": "2025-05-23", "close": 88.583946, "volume": 2, "typical_volume": 105.55, "trend": 91.722259, "fair_value": 105.394919, "relative_strength": -12.668998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.996682, "energy": 24.614826, "activity_lines": [ 87.771043, 86.488143, 89.502195, 90.2431 ] }, { "date": "2025-05-30", "close": 89.470955, "volume": 161, "typical_volume": 112.9, "trend": 91.295095, "fair_value": 104.908995, "relative_strength": -11.034451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.921953, "energy": 26.595325, "activity_lines": [ 88.633962, 86.904797, 89.386635, 90.097855 ] }, { "date": "2025-06-06", "close": 83.257698, "volume": 149, "typical_volume": 119.1, "trend": 90.660823, "fair_value": 104.352972, "relative_strength": -16.426988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.712175, "energy": 30.18478, "activity_lines": [ 86.971766, 86.280997, 88.669991, 89.579313 ] }, { "date": "2025-06-13", "close": 86.170471, "volume": 15, "typical_volume": 119.85, "trend": 90.483611, "fair_value": 103.900257, "relative_strength": -13.995355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.328561, "energy": 27.885852, "activity_lines": [ 86.550391, 86.394394, 88.266697, 89.289613 ] }, { "date": "2025-06-20", "close": 81.269455, "volume": 5, "typical_volume": 119.85, "trend": 90.002716, "fair_value": 103.37087, "relative_strength": -18.577661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.814657, "energy": 60.873016, "activity_lines": [ 84.555207, 85.66184, 87.418712, 88.695151 ] }, { "date": "2025-06-27", "close": 81.269455, "volume": 3, "typical_volume": 119.9, "trend": 89.509771, "fair_value": 102.853472, "relative_strength": -18.20923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.803421, "energy": 77.174621, "activity_lines": [ 83.061524, 84.903249, 86.641617, 88.131715 ] }, { "date": "2025-07-04", "close": 85.41494, "volume": 8, "typical_volume": 120.2, "trend": 89.198119, "fair_value": 102.365884, "relative_strength": -16.567812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.483779, "energy": 66.641664, "activity_lines": [ 83.437302, 84.872346, 86.294399, 87.867533 ] }, { "date": "2025-07-11", "close": 79.480034, "volume": 16, "typical_volume": 20.9, "trend": 88.832443, "fair_value": 101.82185, "relative_strength": -19.033376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.202879, "energy": 85.627023, "activity_lines": [ 82.105178, 83.71229, 85.381907, 87.240559 ] }, { "date": "2025-07-18", "close": 77.263145, "volume": 10, "typical_volume": 21.2, "trend": 88.463952, "fair_value": 101.232555, "relative_strength": -19.263445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.868004, "energy": 87.708729, "activity_lines": [ 80.285936, 82.291456, 84.327118, 86.494153 ] }, { "date": "2025-07-25", "close": 74.946838, "volume": 8, "typical_volume": 21.5, "trend": 88.018251, "fair_value": 100.804879, "relative_strength": -21.305283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.410688, "energy": 92.601474, "activity_lines": [ 78.288414, 80.627752, 83.162332, 85.622081 ] }, { "date": "2025-08-01", "close": 60.303425, "volume": 1106, "typical_volume": 76.8, "trend": 87.084435, "fair_value": 100.288369, "relative_strength": -35.56398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.135984, "energy": 97.990412, "activity_lines": [ 71.831261, 76.55334, 80.741646, 83.834028 ] }, { "date": "2025-08-08", "close": 64.478745, "volume": 707, "typical_volume": 112.0, "trend": 86.316781, "fair_value": 99.78388, "relative_strength": -32.310412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.054183, "energy": 94.056608, "activity_lines": [ 68.163618, 73.752268, 78.927051, 82.375596 ] }, { "date": "2025-08-15", "close": 65.343628, "volume": 439, "typical_volume": 133.65, "trend": 85.468045, "fair_value": 99.256162, "relative_strength": -31.161439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.043859, "energy": 90.2711, "activity_lines": [ 66.180014, 71.562851, 77.337205, 81.02249 ] }, { "date": "2025-08-22", "close": 66.387451, "volume": 214, "typical_volume": 144.1, "trend": 84.654103, "fair_value": 98.807784, "relative_strength": -30.422405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.323994, "energy": 85.429942, "activity_lines": [ 65.486779, 69.88893, 75.986448, 79.791484 ] }, { "date": "2025-08-29", "close": 65.661346, "volume": 2, "typical_volume": 143.25, "trend": 83.637598, "fair_value": 98.349461, "relative_strength": -32.308957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.450388, "energy": 73.436107, "activity_lines": [ 65.276556, 68.442682, 74.672566, 78.566144 ] }, { "date": "2025-09-05", "close": 66.230751, "volume": 230, "typical_volume": 154.75, "trend": 82.89083, "fair_value": 97.848462, "relative_strength": -31.674273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.26111, "energy": 64.17728, "activity_lines": [ 65.875166, 67.383746, 73.480418, 77.443122 ] }, { "date": "2025-09-12", "close": 64.332733, "volume": 6, "typical_volume": 154.75, "trend": 82.188402, "fair_value": 97.339574, "relative_strength": -32.795216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.760069, "energy": 64.693878, "activity_lines": [ 65.445949, 66.253146, 72.1723, 76.245825 ] }, { "date": "2025-09-19", "close": 62.57457, "volume": 407, "typical_volume": 175.0, "trend": 81.143046, "fair_value": 96.871283, "relative_strength": -35.511303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.732222, "energy": 66.037236, "activity_lines": [ 64.440412, 65.186194, 70.784014, 74.980417 ] }, { "date": "2025-09-26", "close": 58.738583, "volume": 266, "typical_volume": 188.15, "trend": 79.751325, "fair_value": 96.369668, "relative_strength": -38.628878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.556727, "energy": 69.038617, "activity_lines": [ 62.340816, 63.729161, 69.148165, 73.534968 ] }, { "date": "2025-10-03", "close": 64.312752, "volume": 210, "typical_volume": 198.2, "trend": 78.425884, "fair_value": 95.913665, "relative_strength": -31.678379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.138772, "energy": 60.819245, "activity_lines": [ 62.609201, 63.622424, 68.178093, 72.538931 ] }, { "date": "2025-10-10", "close": 60.336914, "volume": 404, "typical_volume": 218.3, "trend": 76.967916, "fair_value": 95.425187, "relative_strength": -33.579119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.373673, "energy": 64.182094, "activity_lines": [ 61.642213, 62.986154, 66.945937, 71.3719 ] }, { "date": "2025-10-17", "close": 63.05407, "volume": 306, "typical_volume": 225.55, "trend": 75.923765, "fair_value": 94.956596, "relative_strength": -31.16315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.075882, "energy": 56.572113, "activity_lines": [ 61.973867, 62.843303, 66.107068, 70.474233 ] }, { "date": "2025-10-24", "close": 62.155014, "volume": 105, "typical_volume": 223.35, "trend": 74.83974, "fair_value": 94.473448, "relative_strength": -32.699508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.098311, "energy": 48.833815, "activity_lines": [ 62.091079, 62.562891, 65.30837, 69.585926 ] }, { "date": "2025-10-31", "close": 49.64809, "volume": 985, "typical_volume": 271.85, "trend": 73.539567, "fair_value": 94.027417, "relative_strength": -46.695964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.758015, "energy": 90.680535, "activity_lines": [ 58.067286, 60.066468, 63.419024, 67.960659 ] }, { "date": "2025-11-07", "close": 47.999809, "volume": 74, "typical_volume": 275.3, "trend": 72.478311, "fair_value": 93.449614, "relative_strength": -49.212715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.653284, "energy": 95.858725, "activity_lines": [ 54.1001, 57.574709, 61.546616, 66.312932 ] }, { "date": "2025-11-14", "close": 48.749027, "volume": 200, "typical_volume": 285.15, "trend": 71.44203, "fair_value": 92.872879, "relative_strength": -48.970862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.196937, "energy": 93.732544, "activity_lines": [ 51.470183, 55.540291, 59.903989, 64.782011 ] }, { "date": "2025-11-21", "close": 49.64809, "volume": 282, "typical_volume": 298.85, "trend": 70.341616, "fair_value": 92.283413, "relative_strength": -46.316292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.835408, "energy": 88.846931, "activity_lines": [ 49.912479, 53.987188, 58.501846, 63.37595 ] }, { "date": "2025-11-28", "close": 49.996014, "volume": 138, "typical_volume": 304.95, "trend": 69.097944, "fair_value": 91.761998, "relative_strength": -46.629035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.841867, "energy": 83.121783, "activity_lines": [ 49.364481, 52.764337, 57.303156, 62.063331 ] }, { "date": "2025-12-05", "close": 50.665562, "volume": 525, "typical_volume": 330.7, "trend": 67.884516, "fair_value": 91.255474, "relative_strength": -44.549508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.145668, "energy": 66.06385, "activity_lines": [ 49.850267, 51.891924, 56.308634, 60.874145 ] }, { "date": "2025-12-12", "close": 51.165222, "volume": 270, "typical_volume": 343.8, "trend": 66.630291, "fair_value": 90.789157, "relative_strength": -44.435763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.292844, "energy": 62.242894, "activity_lines": [ 50.434774, 51.25714, 55.488353, 59.795481 ] }, { "date": "2025-12-19", "close": 52.914036, "volume": 236, "typical_volume": 300.3, "trend": 65.441294, "fair_value": 90.341016, "relative_strength": -40.932866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.50155, "energy": 50.794885, "activity_lines": [ 51.391191, 51.179368, 54.947872, 58.910561 ] }, { "date": "2025-12-26", "close": 53.163864, "volume": 20, "typical_volume": 265.95, "trend": 64.231058, "fair_value": 89.867465, "relative_strength": -40.733692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.40722, "energy": 43.462854, "activity_lines": [ 52.153218, 51.281981, 54.466371, 58.118469 ] }, { "date": "2026-01-02", "close": 53.013966, "volume": 217, "typical_volume": 254.85, "trend": 63.222933, "fair_value": 89.435166, "relative_strength": -39.909096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.923268, "energy": 37.804467, "activity_lines": [ 52.630893, 51.537161, 54.024475, 57.394785 ] }, { "date": "2026-01-09", "close": 55.961964, "volume": 472, "typical_volume": 267.75, "trend": 62.215983, "fair_value": 89.100982, "relative_strength": -36.795978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.572671, "energy": 25.240722, "activity_lines": [ 53.890038, 52.494542, 53.922053, 56.926336 ] }, { "date": "2026-01-16", "close": 54.043266, "volume": 569, "typical_volume": 296.1, "trend": 61.308443, "fair_value": 88.756013, "relative_strength": -38.589953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.216911, "energy": 22.187153, "activity_lines": [ 54.156523, 52.988272, 53.686543, 56.399064 ] }, { "date": "2026-01-23", "close": 52.5243, "volume": 109, "typical_volume": 290.05, "trend": 60.350272, "fair_value": 88.376718, "relative_strength": -44.105737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.742897, "energy": 19.880628, "activity_lines": [ 53.724817, 53.095944, 53.361694, 55.832345 ] }, { "date": "2026-01-30", "close": 50.465698, "volume": 155, "typical_volume": 297.5, "trend": 59.185297, "fair_value": 87.974961, "relative_strength": -46.082844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.457827, "energy": 36.361865, "activity_lines": [ 52.632892, 52.760684, 52.906057, 55.19463 ] }, { "date": "2026-02-06", "close": 56.541569, "volume": 176, "typical_volume": 285.95, "trend": 58.420681, "fair_value": 87.694337, "relative_strength": -39.20399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.672211, "energy": 14.405578, "activity_lines": [ 53.746136, 53.515262, 53.095107, 55.024067 ] }, { "date": "2026-02-13", "close": 51.814777, "volume": 672, "typical_volume": 306.25, "trend": 57.572402, "fair_value": 87.384261, "relative_strength": -44.52164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.885498, "energy": 26.402234, "activity_lines": [ 53.048608, 53.291413, 52.862715, 54.59788 ] }, { "date": "2026-02-20", "close": 55.722122, "volume": 772, "typical_volume": 334.35, "trend": 56.931579, "fair_value": 87.102367, "relative_strength": -40.594193, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.759845, "energy": 9.214388, "activity_lines": [ 53.930008, 53.757096, 53.035422, 54.478507 ] }, { "date": "2026-02-27", "close": 52.311733, "volume": 1038, "typical_volume": 366.05, "trend": 56.665189, "fair_value": 86.806174, "relative_strength": -42.498216, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.038173, "energy": 12.834706, "activity_lines": [ 53.562688, 53.519856, 52.924238, 54.180452 ] }, { "date": "2026-03-06", "close": 47.283485, "volume": 12, "typical_volume": 351.35, "trend": 56.092014, "fair_value": 86.503607, "relative_strength": -44.024615, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.120841, "energy": 35.673666, "activity_lines": [ 51.533456, 52.379339, 52.372388, 53.575181 ] }, { "date": "2026-03-13", "close": 46.033924, "volume": 470, "typical_volume": 369.6, "trend": 55.448357, "fair_value": 86.195836, "relative_strength": -43.719464, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.593758, "energy": 62.235721, "activity_lines": [ 49.299852, 51.118546, 51.77663, 52.926272 ] }, { "date": "2026-03-20", "close": 43.944653, "volume": 137, "typical_volume": 327.2, "trend": 54.700263, "fair_value": 85.849057, "relative_strength": -44.766701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.354855, "energy": 79.135502, "activity_lines": [ 47.070334, 49.604795, 51.058661, 52.184098 ] }, { "date": "2026-03-27", "close": 44.984291, "volume": 200, "typical_volume": 333.5, "trend": 54.011028, "fair_value": 85.512663, "relative_strength": -44.001297, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.325469, "energy": 78.689284, "activity_lines": [ 45.712036, 48.498565, 50.466865, 51.557261 ] }, { "date": "2026-04-03", "close": 44.064613, "volume": 921, "typical_volume": 369.55, "trend": 53.272157, "fair_value": 85.143234, "relative_strength": -45.954696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.437836, "energy": 78.346213, "activity_lines": [ 44.763035, 47.38983, 49.801839, 50.915556 ] }, { "date": "2026-04-10", "close": 43.344864, "volume": 115, "typical_volume": 361.2, "trend": 52.572561, "fair_value": 84.777424, "relative_strength": -48.407288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.094575, "energy": 76.492357, "activity_lines": [ 44.123925, 46.304044, 49.090573, 50.275086 ] }, { "date": "2026-04-17", "close": 47.083557, "volume": 1039, "typical_volume": 406.25, "trend": 52.056194, "fair_value": 84.412954, "relative_strength": -42.527842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.161429, "energy": 48.575565, "activity_lines": [ 44.993621, 46.027491, 48.765389, 49.920957 ] }, { "date": "2026-04-24", "close": 45.344166, "volume": 11, "typical_volume": 380.55, "trend": 51.609714, "fair_value": 83.979641, "relative_strength": -42.205521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.338818, "energy": 44.042168, "activity_lines": [ 45.213544, 45.606648, 48.288416, 49.487922 ] }, { "date": "2026-05-01", "close": 44.264542, "volume": 711, "typical_volume": 402.6, "trend": 50.94144, "fair_value": 83.569229, "relative_strength": -41.427269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.003346, "energy": 41.466975, "activity_lines": [ 44.980292, 45.107157, 47.733963, 49.01404 ] }, { "date": "2026-05-08", "close": 41.905365, "volume": 19, "typical_volume": 391.75, "trend": 50.327055, "fair_value": 83.201023, "relative_strength": -42.457105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.148571, "energy": 46.495425, "activity_lines": [ 44.008631, 44.387045, 46.987686, 48.431068 ] }, { "date": "2026-05-15", "close": 43.184921, "volume": 10, "typical_volume": 391.25, "trend": 49.66475, "fair_value": 82.823637, "relative_strength": -37.213772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.108328, "energy": 55.579942, "activity_lines": [ 43.607439, 44.088786, 46.415694, 47.970285 ] }, { "date": "2026-05-22", "close": 48.782963, "volume": 233, "typical_volume": 392.05, "trend": 49.219015, "fair_value": 82.507629, "relative_strength": -27.324477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.707841, "energy": 31.126493, "activity_lines": [ 45.082923, 44.882872, 46.424368, 47.913396 ] }, { "date": "2026-05-29", "close": 50.009998, "volume": 303, "typical_volume": 383.6, "trend": 49.231079, "fair_value": 82.200535, "relative_strength": -23.03935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.076035, "energy": 13.542082, "activity_lines": [ 46.854125, 45.850073, 46.57005, 47.964427 ] }, { "date": "2026-06-05", "close": 47.450001, "volume": 0, "typical_volume": 355.15, "trend": 49.212752, "fair_value": 81.875743, "relative_strength": -23.618322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.281771, "energy": 24.521964, "activity_lines": [ 47.46094, 46.24154, 46.500265, 47.849518 ] }, { "date": "2026-06-12", "close": 53.200001, "volume": 0, "typical_volume": 349.7, "trend": 49.361118, "fair_value": 81.542765, "relative_strength": -13.993124, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.628438, "energy": 40.970469, "activity_lines": [ 49.772057, 47.633632, 47.009496, 48.10676 ] }, { "date": "2026-06-19", "close": 51.200001, "volume": 0, "typical_volume": 341.95, "trend": 49.412848, "fair_value": 81.209854, "relative_strength": -14.658778, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.656207, "energy": 45.046027, "activity_lines": [ 50.663531, 48.495989, 47.325033, 48.225398 ] }, { "date": "2026-06-26", "close": 57.119999, "volume": 54, "typical_volume": 335.85, "trend": 49.650314, "fair_value": 80.902741, "relative_strength": -6.042592, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.147303, "energy": 69.483034, "activity_lines": [ 52.994, 50.291888, 48.200883, 48.722634 ] }, { "date": "2026-07-03", "close": 58.200001, "volume": 0, "typical_volume": 302.25, "trend": 49.901462, "fair_value": 80.600403, "relative_strength": -3.370568, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.005639, "energy": 77.927398, "activity_lines": [ 55.128667, 52.101671, 49.176835, 49.274226 ] }, { "date": "2026-07-10", "close": 59.400002, "volume": 26, "typical_volume": 264.95, "trend": 50.175955, "fair_value": 80.28342, "relative_strength": -2.013191, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.006535, "energy": 82.600656, "activity_lines": [ 57.117334, 53.895893, 50.236668, 49.887035 ] }, { "date": "2026-07-17", "close": 59.459999, "volume": 10, "typical_volume": 213.55, "trend": 50.394154, "fair_value": 79.945097, "relative_strength": 1.791246, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.485189, "energy": 90.963934, "activity_lines": [ 58.329334, 55.425834, 51.284701, 50.486006 ] }, { "date": "2026-07-24", "close": 54.599998, "volume": 36, "typical_volume": 214.75, "trend": 50.442025, "fair_value": 79.608329, "relative_strength": -5.364938, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.655064, "energy": 78.204871, "activity_lines": [ 57.504, 55.752963, 51.835837, 50.757351 ] }, { "date": "2026-07-31", "close": 66.550003, "volume": 47, "typical_volume": 193.6, "trend": 50.893226, "fair_value": 79.375841, "relative_strength": 13.318583, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.667662, "energy": 68.671037, "activity_lines": [ 60.435334, 58.045273, 53.490229, 51.796575 ] }, { "date": "2026-08-07", "close": 70.699997, "volume": 21, "typical_volume": 187.8, "trend": 51.384494, "fair_value": 79.169955, "relative_strength": 24.682704, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.334105, "energy": 78.963245, "activity_lines": [ 64.121333, 60.769091, 55.442162, 53.074431 ] } ], "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." } } }