{ "ticker": { "uuid": "1dc55182-e660-4ad0-aa43-465e235d65f7", "symbol": "HGLG11", "name": "Cshg Logistica - Fundo De Investimento Imobiliario", "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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 87.078, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.623, "architecture_energy": 74.643, "architecture_maturity": 16.797, "architecture_confidence": 87.435, "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": 4.37, "rotation_up": 13.75, "upward_expansion": 16.81, "deceleration": 41.44, "rotation_down": 72.83, "downward_expansion": 92.48 }, "activity_lines": [ 146.89021, 147.759782, 149.835308, 151.085136 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 147.0, "trend_reference": 152.326624, "distance_from_trend": -0.034968, "trend_direction": "Weakening", "fair_value": 141.980087, "distance_from_fair_value": 0.035356, "fair_value_direction": "Weakening", "relative_strength": -6.94863, "relative_strength_direction": "Improving", "price_momentum": -0.043755, "excess_performance": 0.013293, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.034968, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.008937, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.035356, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.061972, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.069486, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066585, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.043755, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.376191, "read": "Supply-led" } ], "volume": { "latest": 718770, "relative_activity": 1.904963, "balance": 0.376191, "dry_up": 1.592297, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.013411, "annualized_volatility": 0.05653, "from_high_reference": -0.063083, "from_low_reference": 0.038163 }, "levels": { "trend_reference": 152.326624, "fair_value_reference": 141.980087, "structural_low": 145.575402, "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": 12, "median_return": -0.001435, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": 0.008199, "regime_survival": 0.833333, "best_return": 0.057262, "worst_return": -0.054671, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.00183, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.053634, "regime_survival": 0.5, "best_return": 0.097377, "worst_return": -0.032978, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.032829, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.104701, "regime_survival": 0.0, "best_return": 0.078179, "worst_return": -0.012522, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.056722, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.094272, "regime_survival": 0.0, "best_return": 0.116345, "worst_return": -0.0029, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.00683, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-19", "end": "2024-10-18", "tenure": "Established", "return": -0.011763, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-02-28", "tenure": "Established", "return": -0.003388, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": 0.013433, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.006394, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-06-27", "tenure": "Developing", "return": 0.024532, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-09-12", "tenure": "Developing", "return": 0.015798, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-12-26", "tenure": "Established", "return": 0.010287, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-02-06", "tenure": "Developing", "return": 0.001928, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": 0.002327, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": 0.000254, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.012654, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-19", "tenure": "Developing", "return": -0.025268, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.014779, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 128.676773, "volume": 309049, "typical_volume": 258702.2, "trend": 125.042529, "fair_value": 118.133033, "relative_strength": 0.039394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.795209, "energy": 30.913933, "activity_lines": [ 129.157486, 129.543077, 128.308882, 126.890274 ] }, { "date": "2023-08-25", "close": 128.517609, "volume": 511053, "typical_volume": 277483.05, "trend": 125.303653, "fair_value": 118.136465, "relative_strength": -0.516939, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.975635, "energy": 25.935849, "activity_lines": [ 128.91898, 129.356718, 128.456844, 127.114473 ] }, { "date": "2023-09-01", "close": 128.92247, "volume": 368964, "typical_volume": 288341.25, "trend": 125.537773, "fair_value": 118.202864, "relative_strength": -1.924398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.427157, "energy": 21.233639, "activity_lines": [ 128.850943, 129.213958, 128.609615, 127.347945 ] }, { "date": "2023-09-08", "close": 129.178772, "volume": 242560, "typical_volume": 294461.3, "trend": 125.826331, "fair_value": 118.284885, "relative_strength": 0.407568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.494473, "energy": 21.165262, "activity_lines": [ 128.896885, 129.129975, 128.761289, 127.582848 ] }, { "date": "2023-09-15", "close": 130.364273, "volume": 675468, "typical_volume": 318495.75, "trend": 126.117792, "fair_value": 118.391062, "relative_strength": -1.520131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.891982, "energy": 32.689362, "activity_lines": [ 129.401057, 129.293972, 128.99983, 127.875618 ] }, { "date": "2023-09-22", "close": 128.962509, "volume": 369867, "typical_volume": 330117.9, "trend": 126.371805, "fair_value": 118.481089, "relative_strength": -0.272016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.119621, "energy": 29.506179, "activity_lines": [ 129.344567, 129.22289, 129.074313, 128.059149 ] }, { "date": "2023-09-29", "close": 129.346985, "volume": 725924, "typical_volume": 358363.8, "trend": 126.633141, "fair_value": 118.563271, "relative_strength": -0.422766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.014832, "energy": 30.077434, "activity_lines": [ 129.397186, 129.247592, 129.169941, 128.251096 ] }, { "date": "2023-10-06", "close": 128.234009, "volume": 360065, "typical_volume": 361722.15, "trend": 126.855106, "fair_value": 118.629713, "relative_strength": 0.673754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.011386, "energy": 16.875268, "activity_lines": [ 129.023522, 129.06454, 129.145305, 128.354378 ] }, { "date": "2023-10-13", "close": 128.113083, "volume": 293611, "typical_volume": 361623.55, "trend": 127.119754, "fair_value": 118.692584, "relative_strength": -0.839715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.312586, "energy": 10.055371, "activity_lines": [ 128.655446, 128.879805, 129.091651, 128.435537 ] }, { "date": "2023-10-20", "close": 128.016296, "volume": 337688, "typical_volume": 359308.15, "trend": 127.349866, "fair_value": 118.767896, "relative_strength": 1.144022, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.858595, "energy": 11.460853, "activity_lines": [ 128.326155, 128.714047, 129.009411, 128.493379 ] }, { "date": "2023-10-27", "close": 127.225891, "volume": 303690, "typical_volume": 351362.45, "trend": 127.538733, "fair_value": 118.867017, "relative_strength": 0.276278, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.526741, "energy": 22.989052, "activity_lines": [ 127.889926, 128.421795, 128.842319, 128.48538 ] }, { "date": "2023-11-03", "close": 128.077255, "volume": 420339, "typical_volume": 360649.1, "trend": 127.7603, "fair_value": 118.958403, "relative_strength": -3.260374, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.590482, "energy": 22.541716, "activity_lines": [ 127.85326, 128.310716, 128.743449, 128.520124 ] }, { "date": "2023-11-10", "close": 129.197998, "volume": 241325, "typical_volume": 361368.4, "trend": 127.948034, "fair_value": 119.055968, "relative_strength": -4.407726, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.765801, "energy": 12.753088, "activity_lines": [ 128.274824, 128.411415, 128.745553, 128.612878 ] }, { "date": "2023-11-17", "close": 130.0914, "volume": 234958, "typical_volume": 362369.9, "trend": 128.160719, "fair_value": 119.154455, "relative_strength": -7.0569, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.405703, "energy": 19.773741, "activity_lines": [ 128.929922, 128.669541, 128.834621, 128.75116 ] }, { "date": "2023-11-24", "close": 131.26088, "volume": 371998, "typical_volume": 371436.65, "trend": 128.404505, "fair_value": 119.260264, "relative_strength": -6.505567, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.811879, "energy": 43.673, "activity_lines": [ 129.84296, 129.123706, 129.039216, 128.95117 ] }, { "date": "2023-12-01", "close": 130.836914, "volume": 471683, "typical_volume": 383951.9, "trend": 128.575282, "fair_value": 119.365059, "relative_strength": -8.590353, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.396267, "energy": 56.904162, "activity_lines": [ 130.398369, 129.484485, 129.204346, 129.1081 ] }, { "date": "2023-12-08", "close": 131.777298, "volume": 388343, "typical_volume": 384595.2, "trend": 128.756158, "fair_value": 119.476755, "relative_strength": -7.076247, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.1601, "energy": 73.546344, "activity_lines": [ 131.026506, 129.982162, 129.456889, 129.314682 ] }, { "date": "2023-12-15", "close": 126.740074, "volume": 624220, "typical_volume": 399426.2, "trend": 128.828865, "fair_value": 119.550876, "relative_strength": -12.485359, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.290001, "energy": 26.774457, "activity_lines": [ 129.728898, 129.519794, 129.216711, 129.184612 ] }, { "date": "2023-12-22", "close": 131.654617, "volume": 463658, "typical_volume": 400593.3, "trend": 129.082501, "fair_value": 119.638415, "relative_strength": -10.6819, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.296118, "energy": 33.710901, "activity_lines": [ 130.233332, 129.978141, 129.457015, 129.366918 ] }, { "date": "2023-12-29", "close": 132.464188, "volume": 172893, "typical_volume": 394367.8, "trend": 129.297791, "fair_value": 119.696851, "relative_strength": -10.914159, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.032674, "energy": 38.248992, "activity_lines": [ 130.903409, 130.519291, 129.767137, 129.585092 ] }, { "date": "2024-01-05", "close": 133.559189, "volume": 250487, "typical_volume": 391439.7, "trend": 129.598918, "fair_value": 119.758374, "relative_strength": -8.545971, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.594073, "energy": 44.810945, "activity_lines": [ 131.858266, 131.178661, 130.164872, 129.860021 ] }, { "date": "2024-01-12", "close": 133.715622, "volume": 240376, "typical_volume": 377905.85, "trend": 129.827208, "fair_value": 119.82505, "relative_strength": -7.597843, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.27138, "energy": 75.008377, "activity_lines": [ 132.683783, 131.751323, 130.554257, 130.125614 ] }, { "date": "2024-01-19", "close": 134.868271, "volume": 290219, "typical_volume": 373968.6, "trend": 130.003077, "fair_value": 119.897455, "relative_strength": -4.32233, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.207192, "energy": 80.032842, "activity_lines": [ 133.764294, 132.431042, 131.028665, 130.450844 ] }, { "date": "2024-01-26", "close": 135.082367, "volume": 222863, "typical_volume": 372983.75, "trend": 130.140401, "fair_value": 119.978571, "relative_strength": -5.117639, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.483474, "energy": 81.124477, "activity_lines": [ 134.37429, 133.046591, 131.49515, 130.77854 ] }, { "date": "2024-02-02", "close": 135.365875, "volume": 224519, "typical_volume": 350436.3, "trend": 130.270843, "fair_value": 120.066223, "relative_strength": -3.484416, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.805947, "energy": 80.705492, "activity_lines": [ 134.850273, 133.622943, 131.960523, 131.115668 ] }, { "date": "2024-02-09", "close": 136.509689, "volume": 230535, "typical_volume": 343469.7, "trend": 130.474972, "fair_value": 120.162387, "relative_strength": -3.229301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.242043, "energy": 83.194418, "activity_lines": [ 135.514081, 134.332624, 132.511014, 131.518174 ] }, { "date": "2024-02-16", "close": 136.890915, "volume": 122571, "typical_volume": 313302.05, "trend": 130.736325, "fair_value": 120.262304, "relative_strength": -3.403701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.166463, "energy": 80.531629, "activity_lines": [ 136.108264, 135.008478, 133.061873, 131.932106 ] }, { "date": "2024-02-23", "close": 137.794388, "volume": 226489, "typical_volume": 306623.25, "trend": 131.017783, "fair_value": 120.363645, "relative_strength": -3.149123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.254444, "energy": 80.009154, "activity_lines": [ 136.791919, 135.755625, 133.662853, 132.387465 ] }, { "date": "2024-03-01", "close": 140.986008, "volume": 251681, "typical_volume": 304526.75, "trend": 131.379826, "fair_value": 120.496322, "relative_strength": -0.586077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.431676, "energy": 91.053336, "activity_lines": [ 138.344373, 136.882078, 134.522272, 133.030576 ] }, { "date": "2024-03-08", "close": 142.287399, "volume": 207862, "typical_volume": 298035.45, "trend": 131.823967, "fair_value": 120.635201, "relative_strength": 2.092555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.15494, "energy": 93.249578, "activity_lines": [ 139.937047, 138.075487, 135.444333, 133.73429 ] }, { "date": "2024-03-15", "close": 138.900421, "volume": 229318, "typical_volume": 294316.85, "trend": 132.164756, "fair_value": 120.776395, "relative_strength": 0.065733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.6496, "energy": 84.171759, "activity_lines": [ 139.939294, 138.474478, 135.975868, 134.190836 ] }, { "date": "2024-03-22", "close": 140.151764, "volume": 198936, "typical_volume": 283246.7, "trend": 132.552561, "fair_value": 120.933474, "relative_strength": 0.957234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.510905, "energy": 85.09195, "activity_lines": [ 140.199274, 139.003872, 136.570984, 134.706127 ] }, { "date": "2024-03-29", "close": 140.986008, "volume": 157245, "typical_volume": 279042.7, "trend": 132.954679, "fair_value": 121.074277, "relative_strength": 0.867142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.556828, "energy": 79.536236, "activity_lines": [ 140.519944, 139.567926, 137.188055, 135.25022 ] }, { "date": "2024-04-05", "close": 141.221146, "volume": 210452, "typical_volume": 277817.4, "trend": 133.356091, "fair_value": 121.225979, "relative_strength": 2.243344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.277005, "energy": 64.038693, "activity_lines": [ 140.70622, 140.063501, 137.771387, 135.78354 ] }, { "date": "2024-04-12", "close": 140.650085, "volume": 192759, "typical_volume": 268855.45, "trend": 133.698951, "fair_value": 121.376205, "relative_strength": 2.599483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.59536, "energy": 59.317405, "activity_lines": [ 140.686465, 140.343633, 138.247333, 136.254121 ] }, { "date": "2024-04-19", "close": 137.459229, "volume": 271163, "typical_volume": 258829.45, "trend": 133.982175, "fair_value": 121.50637, "relative_strength": 1.085548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.806623, "energy": 42.310186, "activity_lines": [ 139.712247, 139.947532, 138.374677, 136.496719 ] }, { "date": "2024-04-26", "close": 137.887497, "volume": 203556, "typical_volume": 249590.1, "trend": 134.266859, "fair_value": 121.63015, "relative_strength": 0.449446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.000221, "energy": 29.984234, "activity_lines": [ 138.976864, 139.612034, 138.511274, 136.748675 ] }, { "date": "2024-05-03", "close": 140.815536, "volume": 153291, "typical_volume": 226043.65, "trend": 134.686243, "fair_value": 121.782921, "relative_strength": 1.178583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.637585, "energy": 30.365537, "activity_lines": [ 139.368445, 139.790787, 138.897636, 137.171171 ] }, { "date": "2024-05-10", "close": 138.888367, "volume": 191640, "typical_volume": 212442.75, "trend": 135.04542, "fair_value": 121.925218, "relative_strength": 0.641404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.420673, "energy": 21.377591, "activity_lines": [ 139.129001, 139.564216, 139.033432, 137.442275 ] }, { "date": "2024-05-17", "close": 137.933197, "volume": 233543, "typical_volume": 215475.25, "trend": 135.375983, "fair_value": 122.069342, "relative_strength": -0.39475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.716307, "energy": 17.055891, "activity_lines": [ 138.726686, 139.202116, 139.043813, 137.628584 ] }, { "date": "2024-05-24", "close": 136.766663, "volume": 201686, "typical_volume": 213035.2, "trend": 135.694009, "fair_value": 122.203629, "relative_strength": 1.850819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.273037, "energy": 8.583925, "activity_lines": [ 138.116652, 138.707087, 138.917052, 137.718305 ] }, { "date": "2024-05-31", "close": 138.11911, "volume": 172954, "typical_volume": 209664.1, "trend": 136.028737, "fair_value": 122.344271, "relative_strength": 4.696172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.088835, "energy": 14.664369, "activity_lines": [ 138.003604, 138.496752, 138.903823, 137.874763 ] }, { "date": "2024-06-07", "close": 137.21701, "volume": 220230, "typical_volume": 206164.65, "trend": 136.296038, "fair_value": 122.490837, "relative_strength": 5.024001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.433768, "energy": 14.565967, "activity_lines": [ 137.574416, 138.159357, 138.783709, 137.951426 ] }, { "date": "2024-06-14", "close": 135.727768, "volume": 260329, "typical_volume": 208037.95, "trend": 136.483916, "fair_value": 122.611738, "relative_strength": 4.72064, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.292954, "energy": 23.368527, "activity_lines": [ 136.888716, 137.619718, 138.510579, 137.914763 ] }, { "date": "2024-06-21", "close": 132.374802, "volume": 399677, "typical_volume": 216795.85, "trend": 136.521047, "fair_value": 122.728575, "relative_strength": 0.717374, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.390272, "energy": 57.689061, "activity_lines": [ 135.296066, 136.570328, 137.915046, 137.649659 ] }, { "date": "2024-06-28", "close": 137.991455, "volume": 262974, "typical_volume": 218417.8, "trend": 136.759532, "fair_value": 122.871413, "relative_strength": 2.808083, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.01652, "energy": 33.793962, "activity_lines": [ 135.946194, 136.692608, 137.868675, 137.744524 ] }, { "date": "2024-07-05", "close": 137.477356, "volume": 275334, "typical_volume": 226055.95, "trend": 136.949534, "fair_value": 123.009557, "relative_strength": 0.540683, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.306872, "energy": 22.070312, "activity_lines": [ 136.343303, 136.711738, 137.766286, 137.790835 ] }, { "date": "2024-07-12", "close": 138.93396, "volume": 195277, "typical_volume": 224495.35, "trend": 137.355997, "fair_value": 123.155335, "relative_strength": -0.414505, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.30409, "energy": 5.524918, "activity_lines": [ 137.268731, 137.003162, 137.799829, 137.918863 ] }, { "date": "2024-07-19", "close": 138.80542, "volume": 185366, "typical_volume": 221179.6, "trend": 137.594357, "fair_value": 123.306798, "relative_strength": 0.466715, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.529638, "energy": 15.103356, "activity_lines": [ 138.036848, 137.305426, 137.815703, 138.012374 ] }, { "date": "2024-07-26", "close": 139.99646, "volume": 205005, "typical_volume": 221036.75, "trend": 137.845433, "fair_value": 123.46607, "relative_strength": 1.388013, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.440115, "energy": 21.427562, "activity_lines": [ 138.996802, 137.82575, 137.955394, 138.167348 ] }, { "date": "2024-08-02", "close": 138.038452, "volume": 272418, "typical_volume": 223191.75, "trend": 137.994741, "fair_value": 123.623581, "relative_strength": 1.256762, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.224476, "energy": 20.282955, "activity_lines": [ 138.795976, 137.95256, 137.919517, 138.179801 ] }, { "date": "2024-08-09", "close": 138.728653, "volume": 184683, "typical_volume": 222479.1, "trend": 138.161842, "fair_value": 123.786652, "relative_strength": -1.893697, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.377142, "energy": 17.42599, "activity_lines": [ 138.822084, 138.181737, 137.953477, 138.22715 ] }, { "date": "2024-08-16", "close": 139.6604, "volume": 197922, "typical_volume": 224512.95, "trend": 138.32158, "fair_value": 123.969894, "relative_strength": -3.571996, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.523805, "energy": 23.680074, "activity_lines": [ 139.075354, 138.56924, 138.082953, 138.323832 ] }, { "date": "2024-08-23", "close": 140.022766, "volume": 193772, "typical_volume": 223678.95, "trend": 138.48626, "fair_value": 124.153012, "relative_strength": -4.370871, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.301886, "energy": 15.732581, "activity_lines": [ 139.400984, 138.978202, 138.253252, 138.433586 ] }, { "date": "2024-08-30", "close": 139.073746, "volume": 189500, "typical_volume": 223516.0, "trend": 138.609856, "fair_value": 124.343327, "relative_strength": -5.17568, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.19227, "energy": 16.25375, "activity_lines": [ 139.329117, 139.136525, 138.338874, 138.471488 ] }, { "date": "2024-09-06", "close": 139.421249, "volume": 196766, "typical_volume": 219796.15, "trend": 138.706908, "fair_value": 124.529142, "relative_strength": -3.782692, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.238469, "energy": 16.382563, "activity_lines": [ 139.434599, 139.236231, 138.465099, 138.523836 ] }, { "date": "2024-09-13", "close": 139.212738, "volume": 195363, "typical_volume": 219386.5, "trend": 138.784302, "fair_value": 124.714101, "relative_strength": -4.034924, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.341579, "energy": 14.732074, "activity_lines": [ 139.37839, 139.272029, 138.562122, 138.55647 ] }, { "date": "2024-09-20", "close": 138.900009, "volume": 221372, "typical_volume": 222790.55, "trend": 138.821156, "fair_value": 124.894216, "relative_strength": -1.370499, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.908264, "energy": 6.84206, "activity_lines": [ 139.185667, 139.219415, 138.623051, 138.563935 ] }, { "date": "2024-09-27", "close": 137.72731, "volume": 253523, "typical_volume": 225884.7, "trend": 138.712533, "fair_value": 125.060653, "relative_strength": -3.305382, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.506248, "energy": 6.79294, "activity_lines": [ 138.652736, 138.954201, 138.581416, 138.493364 ] }, { "date": "2024-10-04", "close": 138.187393, "volume": 255791, "typical_volume": 226997.1, "trend": 138.575866, "fair_value": 125.227856, "relative_strength": -2.160969, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.399385, "energy": 9.577645, "activity_lines": [ 138.426197, 138.79224, 138.589127, 138.459484 ] }, { "date": "2024-10-11", "close": 136.656677, "volume": 306310, "typical_volume": 232228.3, "trend": 138.501074, "fair_value": 125.378694, "relative_strength": -1.807179, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.74951, "energy": 33.221697, "activity_lines": [ 137.74851, 138.384859, 138.449845, 138.335666 ] }, { "date": "2024-10-18", "close": 137.172714, "volume": 237849, "typical_volume": 235473.05, "trend": 138.401773, "fair_value": 125.528471, "relative_strength": -1.677682, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.830574, "energy": 42.727174, "activity_lines": [ 137.427139, 138.096426, 138.360233, 138.249965 ] }, { "date": "2024-10-25", "close": 135.886917, "volume": 272535, "typical_volume": 238088.3, "trend": 138.231803, "fair_value": 125.670006, "relative_strength": -2.009605, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.137814, "energy": 56.194432, "activity_lines": [ 136.813171, 137.602502, 138.152671, 138.087716 ] }, { "date": "2024-11-01", "close": 136.104034, "volume": 234012, "typical_volume": 236772.45, "trend": 138.061232, "fair_value": 125.837265, "relative_strength": -0.456829, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.070184, "energy": 61.326721, "activity_lines": [ 136.472448, 137.216663, 137.972121, 137.950441 ] }, { "date": "2024-11-08", "close": 135.927841, "volume": 254024, "typical_volume": 229489.8, "trend": 137.903824, "fair_value": 126.009642, "relative_strength": -0.345686, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.900155, "energy": 62.654128, "activity_lines": [ 136.181213, 136.870038, 137.772999, 137.812803 ] }, { "date": "2024-11-15", "close": 135.919022, "volume": 231132, "typical_volume": 227897.7, "trend": 137.852484, "fair_value": 126.186767, "relative_strength": -0.364504, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.703031, "energy": 57.823902, "activity_lines": [ 136.037675, 136.579007, 137.556117, 137.684751 ] }, { "date": "2024-11-22", "close": 135.698792, "volume": 220617, "typical_volume": 225161.85, "trend": 137.779527, "fair_value": 126.366981, "relative_strength": -1.563095, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.20305, "energy": 48.864559, "activity_lines": [ 135.869904, 136.311612, 137.32813, 137.545803 ] }, { "date": "2024-11-29", "close": 134.121902, "volume": 254431, "typical_volume": 228119.55, "trend": 137.556406, "fair_value": 126.519524, "relative_strength": -0.112418, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.483628, "energy": 56.355262, "activity_lines": [ 135.274764, 135.8214, 136.958433, 137.309827 ] }, { "date": "2024-12-06", "close": 132.80864, "volume": 484705, "typical_volume": 243086.5, "trend": 137.353749, "fair_value": 126.671906, "relative_strength": -1.340118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.440281, "energy": 52.862727, "activity_lines": [ 134.359538, 135.179287, 136.486577, 137.00352 ] }, { "date": "2024-12-13", "close": 134.308273, "volume": 290171, "typical_volume": 247344.8, "trend": 137.232918, "fair_value": 126.790872, "relative_strength": 0.653017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.609907, "energy": 41.621691, "activity_lines": [ 134.163882, 134.899265, 136.1861, 136.807038 ] }, { "date": "2024-12-20", "close": 135.497269, "volume": 328360, "typical_volume": 250141.9, "trend": 137.190605, "fair_value": 126.930302, "relative_strength": 3.412363, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.260174, "energy": 35.244287, "activity_lines": [ 134.47253, 134.905954, 136.025946, 136.69506 ] }, { "date": "2024-12-27", "close": 138.425552, "volume": 160022, "typical_volume": 248908.85, "trend": 137.200819, "fair_value": 127.072559, "relative_strength": 6.94349, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.156651, "energy": 14.338474, "activity_lines": [ 135.785389, 135.466138, 136.156778, 136.774734 ] }, { "date": "2025-01-03", "close": 137.620453, "volume": 127922, "typical_volume": 245408.85, "trend": 137.214267, "fair_value": 127.220925, "relative_strength": 7.591436, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.142625, "energy": 14.757907, "activity_lines": [ 136.648098, 135.857161, 136.212377, 136.801807 ] }, { "date": "2025-01-10", "close": 134.671432, "volume": 219646, "typical_volume": 246702.55, "trend": 137.179056, "fair_value": 127.340777, "relative_strength": 4.79017, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.570842, "energy": 18.743142, "activity_lines": [ 136.294563, 135.68048, 135.996831, 136.637753 ] }, { "date": "2025-01-17", "close": 133.867142, "volume": 243392, "typical_volume": 249397.15, "trend": 137.228801, "fair_value": 127.440533, "relative_strength": 1.122285, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.890316, "energy": 17.479357, "activity_lines": [ 135.548745, 135.383612, 135.730169, 136.424082 ] }, { "date": "2025-01-24", "close": 133.50972, "volume": 207129, "typical_volume": 249915.3, "trend": 137.07941, "fair_value": 127.553113, "relative_strength": 0.695567, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.36864, "energy": 26.583841, "activity_lines": [ 134.713195, 135.059225, 135.45426, 136.184141 ] }, { "date": "2025-01-31", "close": 136.056549, "volume": 202209, "typical_volume": 250257.6, "trend": 137.032049, "fair_value": 127.69093, "relative_strength": -0.40923, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.764744, "energy": 26.25098, "activity_lines": [ 134.859091, 135.241703, 135.449056, 136.11815 ] }, { "date": "2025-02-07", "close": 134.211319, "volume": 208511, "typical_volume": 249614.55, "trend": 136.874628, "fair_value": 127.8174, "relative_strength": -0.583705, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.643982, "energy": 30.240616, "activity_lines": [ 134.547844, 135.082181, 135.283145, 135.936167 ] }, { "date": "2025-02-14", "close": 134.202301, "volume": 216755, "typical_volume": 247776.15, "trend": 136.721191, "fair_value": 127.942326, "relative_strength": -3.352743, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.110944, "energy": 28.268441, "activity_lines": [ 134.460867, 134.919393, 135.138702, 135.763759 ] }, { "date": "2025-02-21", "close": 136.929703, "volume": 236356, "typical_volume": 246804.4, "trend": 136.618966, "fair_value": 128.090545, "relative_strength": -0.564171, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.102736, "energy": 10.341247, "activity_lines": [ 135.3143, 135.227157, 135.270798, 135.777211 ] }, { "date": "2025-02-28", "close": 135.426483, "volume": 245685, "typical_volume": 243773.15, "trend": 136.5319, "fair_value": 128.24171, "relative_strength": 1.790449, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.330405, "energy": 11.712376, "activity_lines": [ 135.462488, 135.213946, 135.265719, 135.700277 ] }, { "date": "2025-03-07", "close": 136.360458, "volume": 163817, "typical_volume": 240071.55, "trend": 136.45296, "fair_value": 128.410307, "relative_strength": 0.711723, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.507059, "energy": 8.323018, "activity_lines": [ 135.794217, 135.371835, 135.355448, 135.689216 ] }, { "date": "2025-03-14", "close": 137.004257, "volume": 174592, "typical_volume": 235174.4, "trend": 136.364422, "fair_value": 128.585216, "relative_strength": -1.831766, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.3244, "energy": 11.079061, "activity_lines": [ 136.320285, 135.684326, 135.510359, 135.724784 ] }, { "date": "2025-03-21", "close": 137.648041, "volume": 204818, "typical_volume": 233714.7, "trend": 136.285265, "fair_value": 128.752237, "relative_strength": -3.787223, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.362981, "energy": 27.520065, "activity_lines": [ 136.874752, 136.125073, 135.721263, 135.807598 ] }, { "date": "2025-03-28", "close": 138.192139, "volume": 210013, "typical_volume": 231514.15, "trend": 136.255878, "fair_value": 128.920717, "relative_strength": -2.991286, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.22036, "energy": 41.577312, "activity_lines": [ 137.380869, 136.610626, 135.976632, 135.930622 ] }, { "date": "2025-04-04", "close": 139.998291, "volume": 216516, "typical_volume": 230783.35, "trend": 136.275112, "fair_value": 129.085688, "relative_strength": 1.889348, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.048134, "energy": 54.594961, "activity_lines": [ 138.404874, 137.345934, 136.393234, 136.172068 ] }, { "date": "2025-04-11", "close": 139.103195, "volume": 206637, "typical_volume": 230084.35, "trend": 136.271461, "fair_value": 129.252155, "relative_strength": 0.949217, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 63.903889, "energy": 64.330329, "activity_lines": [ 138.825726, 137.800523, 136.705163, 136.354525 ] }, { "date": "2025-04-18", "close": 142.345566, "volume": 207587, "typical_volume": 227742.15, "trend": 136.386313, "fair_value": 129.443784, "relative_strength": 1.735394, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.252091, "energy": 78.010011, "activity_lines": [ 140.14452, 138.789241, 137.309679, 136.746403 ] }, { "date": "2025-04-25", "close": 146.510483, "volume": 173680, "typical_volume": 212190.9, "trend": 136.679085, "fair_value": 129.657601, "relative_strength": 0.761551, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.109354, "energy": 89.980653, "activity_lines": [ 142.495532, 140.387321, 138.271692, 137.399575 ] }, { "date": "2025-05-02", "close": 146.673553, "volume": 159891, "typical_volume": 205676.9, "trend": 136.961957, "fair_value": 129.877316, "relative_strength": 0.597436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.242618, "energy": 93.873286, "activity_lines": [ 144.310072, 141.791264, 139.18399, 138.04438 ] }, { "date": "2025-05-09", "close": 146.250519, "volume": 179901, "typical_volume": 198253.95, "trend": 137.281752, "fair_value": 130.087508, "relative_strength": -0.67492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.326892, "energy": 90.553278, "activity_lines": [ 145.418172, 142.941132, 139.997116, 138.643642 ] }, { "date": "2025-05-16", "close": 147.133392, "volume": 150260, "typical_volume": 197765.85, "trend": 137.613775, "fair_value": 130.305852, "relative_strength": -1.962116, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.759644, "energy": 90.430909, "activity_lines": [ 146.403748, 144.054722, 140.843119, 139.279231 ] }, { "date": "2025-05-23", "close": 146.885056, "volume": 159012, "typical_volume": 199320.35, "trend": 137.980379, "fair_value": 130.51232, "relative_strength": -1.098834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.181166, "energy": 87.14289, "activity_lines": [ 146.7712, 144.927287, 141.624005, 139.877378 ] }, { "date": "2025-05-30", "close": 148.39328, "volume": 151237, "typical_volume": 195899.9, "trend": 138.390021, "fair_value": 130.733564, "relative_strength": 0.584482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.005398, "energy": 85.438161, "activity_lines": [ 147.338759, 145.894425, 142.504415, 140.549178 ] }, { "date": "2025-06-06", "close": 144.680222, "volume": 260281, "typical_volume": 196744.35, "trend": 138.681767, "fair_value": 130.930381, "relative_strength": -1.136579, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.672124, "energy": 60.958419, "activity_lines": [ 146.543113, 145.991093, 142.965858, 140.954998 ] }, { "date": "2025-06-13", "close": 145.828384, "volume": 215846, "typical_volume": 197180.2, "trend": 139.012079, "fair_value": 131.161897, "relative_strength": -1.032346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.654433, "energy": 51.394256, "activity_lines": [ 146.263077, 146.178553, 143.485158, 141.41607 ] }, { "date": "2025-06-20", "close": 145.85614, "volume": 145309, "typical_volume": 194335.2, "trend": 139.350657, "fair_value": 131.368223, "relative_strength": -0.895228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.230508, "energy": 42.54926, "activity_lines": [ 146.020435, 146.265057, 143.948442, 141.857622 ] }, { "date": "2025-06-27", "close": 145.837646, "volume": 183050, "typical_volume": 193062.15, "trend": 139.741182, "fair_value": 131.567648, "relative_strength": -0.641132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.159459, "energy": 33.190557, "activity_lines": [ 145.856778, 146.225419, 144.3633, 142.276138 ] }, { "date": "2025-07-04", "close": 146.926743, "volume": 208096, "typical_volume": 192629.2, "trend": 140.211785, "fair_value": 131.76852, "relative_strength": -3.07492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.856676, "energy": 36.902652, "activity_lines": [ 146.125981, 146.320305, 144.826518, 142.739722 ] }, { "date": "2025-07-11", "close": 145.761261, "volume": 187314, "typical_volume": 190177.1, "trend": 140.593552, "fair_value": 131.954877, "relative_strength": -0.094437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.163996, "energy": 31.986693, "activity_lines": [ 146.104459, 146.195717, 145.118145, 143.097753 ] }, { "date": "2025-07-18", "close": 145.565414, "volume": 177890, "typical_volume": 186787.35, "trend": 140.929156, "fair_value": 132.128362, "relative_strength": 1.862806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.779498, "energy": 29.938749, "activity_lines": [ 145.945585, 146.052108, 145.349065, 143.418518 ] }, { "date": "2025-07-25", "close": 145.183136, "volume": 173016, "typical_volume": 187247.3, "trend": 141.154409, "fair_value": 132.287686, "relative_strength": 1.506861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.4342, "energy": 26.516848, "activity_lines": [ 145.676817, 145.85145, 145.495297, 143.692969 ] }, { "date": "2025-08-01", "close": 142.929749, "volume": 218319, "typical_volume": 189433.65, "trend": 141.331386, "fair_value": 132.430034, "relative_strength": 0.783397, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.767896, "energy": 11.624901, "activity_lines": [ 144.701786, 145.276545, 145.384907, 143.807507 ] }, { "date": "2025-08-08", "close": 142.507187, "volume": 237450, "typical_volume": 191065.25, "trend": 141.592578, "fair_value": 132.554434, "relative_strength": -2.060573, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.448965, "energy": 13.065574, "activity_lines": [ 143.779762, 144.696725, 145.206057, 143.883365 ] }, { "date": "2025-08-15", "close": 142.741943, "volume": 208425, "typical_volume": 190985.85, "trend": 141.888404, "fair_value": 132.677715, "relative_strength": -2.214816, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.562938, "energy": 17.302831, "activity_lines": [ 143.230626, 144.266608, 145.026427, 143.957517 ] }, { "date": "2025-08-22", "close": 143.211487, "volume": 224956, "typical_volume": 191407.85, "trend": 142.211797, "fair_value": 132.823664, "relative_strength": -3.059578, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.191643, "energy": 18.882564, "activity_lines": [ 143.039293, 143.957103, 144.869848, 144.042878 ] }, { "date": "2025-08-29", "close": 145.549835, "volume": 173335, "typical_volume": 189742.75, "trend": 142.528239, "fair_value": 132.971307, "relative_strength": -3.894431, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.053747, "energy": 14.037153, "activity_lines": [ 143.784338, 144.120333, 144.920669, 144.258235 ] }, { "date": "2025-09-05", "close": 146.902359, "volume": 305126, "typical_volume": 194619.7, "trend": 142.951274, "fair_value": 133.132207, "relative_strength": -3.819011, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.419377, "energy": 20.909044, "activity_lines": [ 144.955778, 144.535046, 145.069603, 144.540436 ] }, { "date": "2025-09-12", "close": 149.247955, "volume": 181190, "typical_volume": 194995.2, "trend": 143.452796, "fair_value": 133.282706, "relative_strength": -2.060302, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.43097, "energy": 42.488777, "activity_lines": [ 146.644242, 145.356872, 145.420229, 144.946674 ] }, { "date": "2025-09-19", "close": 150.855804, "volume": 195771, "typical_volume": 196789.2, "trend": 143.916999, "fair_value": 133.454261, "relative_strength": -3.399335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.976069, "energy": 74.079109, "activity_lines": [ 148.419272, 146.42883, 145.910947, 145.424287 ] }, { "date": "2025-09-26", "close": 151.480042, "volume": 213327, "typical_volume": 198460.5, "trend": 144.452118, "fair_value": 133.630651, "relative_strength": -2.727525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.267966, "energy": 83.298676, "activity_lines": [ 149.861456, 147.521659, 146.441201, 145.912225 ] }, { "date": "2025-10-03", "close": 152.801254, "volume": 246737, "typical_volume": 203284.35, "trend": 145.000144, "fair_value": 133.822739, "relative_strength": -1.05103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.314008, "energy": 87.041009, "activity_lines": [ 151.192808, 148.747168, 147.072382, 146.450879 ] }, { "date": "2025-10-10", "close": 152.363205, "volume": 207555, "typical_volume": 205711.5, "trend": 145.512109, "fair_value": 134.022046, "relative_strength": 1.077061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.474854, "energy": 84.761209, "activity_lines": [ 151.894715, 149.754522, 147.634854, 146.925915 ] }, { "date": "2025-10-17", "close": 151.982285, "volume": 237316, "typical_volume": 210015.45, "trend": 145.989917, "fair_value": 134.222361, "relative_strength": -1.102849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.203391, "energy": 77.643579, "activity_lines": [ 152.105593, 150.5211, 148.134962, 147.343346 ] }, { "date": "2025-10-24", "close": 151.696625, "volume": 227163, "typical_volume": 208359.55, "trend": 146.440067, "fair_value": 134.418746, "relative_strength": -3.146852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.914607, "energy": 60.90556, "activity_lines": [ 152.038962, 151.063465, 148.590774, 147.711521 ] }, { "date": "2025-10-31", "close": 150.934814, "volume": 243637, "typical_volume": 209749.1, "trend": 146.804618, "fair_value": 134.591063, "relative_strength": -5.714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.587111, "energy": 50.274493, "activity_lines": [ 151.662339, 151.304506, 148.940621, 148.001504 ] }, { "date": "2025-11-07", "close": 151.606049, "volume": 279820, "typical_volume": 216474.65, "trend": 147.22138, "fair_value": 134.788291, "relative_strength": -7.944515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.518486, "energy": 43.359019, "activity_lines": [ 151.54581, 151.527167, 149.330078, 148.311274 ] }, { "date": "2025-11-14", "close": 153.092377, "volume": 220515, "typical_volume": 218347.9, "trend": 147.579607, "fair_value": 135.001526, "relative_strength": -9.055503, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.049257, "energy": 45.758724, "activity_lines": [ 152.004404, 151.909955, 149.83371, 148.690048 ] }, { "date": "2025-11-21", "close": 153.427994, "volume": 185566, "typical_volume": 217221.4, "trend": 147.81019, "fair_value": 135.222311, "relative_strength": -7.007861, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.263099, "energy": 47.317592, "activity_lines": [ 152.526259, 152.241219, 150.33476, 149.067364 ] }, { "date": "2025-11-28", "close": 154.386932, "volume": 267712, "typical_volume": 221241.3, "trend": 148.067303, "fair_value": 135.442558, "relative_strength": -8.798149, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.83191, "energy": 56.347337, "activity_lines": [ 153.271379, 152.670835, 150.896178, 149.491669 ] }, { "date": "2025-12-05", "close": 153.614532, "volume": 325902, "typical_volume": 228641.9, "trend": 148.31277, "fair_value": 135.657051, "relative_strength": -8.142359, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.900343, "energy": 65.267547, "activity_lines": [ 153.579678, 152.895812, 151.34296, 149.849555 ] }, { "date": "2025-12-12", "close": 152.436584, "volume": 634323, "typical_volume": 251707.25, "trend": 148.489543, "fair_value": 135.873303, "relative_strength": -10.563024, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.936228, "energy": 47.880103, "activity_lines": [ 153.316681, 152.867808, 151.639227, 150.115608 ] }, { "date": "2025-12-19", "close": 152.166245, "volume": 592177, "typical_volume": 270400.15, "trend": 148.665583, "fair_value": 136.07837, "relative_strength": -9.183555, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.23256, "energy": 38.942798, "activity_lines": [ 152.908201, 152.797282, 151.875208, 150.352814 ] }, { "date": "2025-12-26", "close": 152.407623, "volume": 388120, "typical_volume": 277933.65, "trend": 148.799394, "fair_value": 136.277895, "relative_strength": -10.07665, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.185792, "energy": 27.931398, "activity_lines": [ 152.641923, 152.774224, 152.090193, 150.594236 ] }, { "date": "2026-01-02", "close": 153.430573, "volume": 258535, "typical_volume": 280439.15, "trend": 149.091073, "fair_value": 136.484936, "relative_strength": -8.92987, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.430501, "energy": 28.07897, "activity_lines": [ 152.784653, 152.929423, 152.355457, 150.893022 ] }, { "date": "2026-01-09", "close": 152.166565, "volume": 475753, "typical_volume": 292979.0, "trend": 149.302345, "fair_value": 136.682532, "relative_strength": -10.916096, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.953781, "energy": 23.219336, "activity_lines": [ 152.569804, 152.823276, 152.449442, 151.091441 ] }, { "date": "2026-01-16", "close": 152.467987, "volume": 448947, "typical_volume": 306759.6, "trend": 149.52274, "fair_value": 136.885654, "relative_strength": -11.238316, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.19933, "energy": 22.839148, "activity_lines": [ 152.55196, 152.749538, 152.52949, 151.295676 ] }, { "date": "2026-01-23", "close": 153.041641, "volume": 436599, "typical_volume": 313333.25, "trend": 149.762873, "fair_value": 137.093075, "relative_strength": -17.550597, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.202918, "energy": 25.378786, "activity_lines": [ 152.723241, 152.764429, 152.631228, 151.522702 ] }, { "date": "2026-01-30", "close": 153.138885, "volume": 488787, "typical_volume": 328713.1, "trend": 149.969945, "fair_value": 137.293332, "relative_strength": -18.282956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.730352, "energy": 27.215004, "activity_lines": [ 152.868577, 152.797923, 152.712993, 151.740509 ] }, { "date": "2026-02-06", "close": 153.726364, "volume": 349482, "typical_volume": 336398.65, "trend": 150.235448, "fair_value": 137.50618, "relative_strength": -18.320762, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.898312, "energy": 34.596507, "activity_lines": [ 153.160988, 152.943488, 152.83218, 151.982858 ] }, { "date": "2026-02-13", "close": 153.608887, "volume": 610310, "typical_volume": 356247.8, "trend": 150.503564, "fair_value": 137.711234, "relative_strength": -19.586271, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.164126, "energy": 37.934469, "activity_lines": [ 153.394521, 153.079704, 152.926509, 152.2005 ] }, { "date": "2026-02-20", "close": 154.020126, "volume": 266944, "typical_volume": 357258.15, "trend": 150.79813, "fair_value": 137.920709, "relative_strength": -20.693225, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.506452, "energy": 44.921935, "activity_lines": [ 153.668979, 153.290793, 153.049867, 152.427375 ] }, { "date": "2026-02-27", "close": 155.655304, "volume": 399757, "typical_volume": 366868.25, "trend": 151.222315, "fair_value": 138.139609, "relative_strength": -18.682556, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.725601, "energy": 64.426819, "activity_lines": [ 154.38502, 153.770395, 153.323151, 152.740741 ] }, { "date": "2026-03-06", "close": 156.108841, "volume": 415314, "typical_volume": 375768.15, "trend": 151.675704, "fair_value": 138.360979, "relative_strength": -13.801525, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.701135, "energy": 73.103421, "activity_lines": [ 155.077996, 154.269022, 153.623953, 153.056 ] }, { "date": "2026-03-13", "close": 154.629898, "volume": 438730, "typical_volume": 386346.5, "trend": 152.071969, "fair_value": 138.581853, "relative_strength": -13.478954, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.04717, "energy": 68.472208, "activity_lines": [ 155.079994, 154.431455, 153.764254, 153.246594 ] }, { "date": "2026-03-20", "close": 153.41716, "volume": 758234, "typical_volume": 412076.35, "trend": 152.412158, "fair_value": 138.788931, "relative_strength": -13.177713, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.317397, "energy": 49.245873, "activity_lines": [ 154.61751, 154.351584, 153.775087, 153.33338 ] }, { "date": "2026-03-27", "close": 155.349655, "volume": 499460, "typical_volume": 423058.35, "trend": 152.738819, "fair_value": 139.005532, "relative_strength": -14.35348, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.473124, "energy": 40.488175, "activity_lines": [ 154.811973, 154.600338, 153.958146, 153.522896 ] }, { "date": "2026-04-03", "close": 153.966278, "volume": 336731, "typical_volume": 428869.15, "trend": 152.974283, "fair_value": 139.214096, "relative_strength": -17.601595, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.003051, "energy": 20.999499, "activity_lines": [ 154.456675, 154.545174, 153.991629, 153.602087 ] }, { "date": "2026-04-10", "close": 155.287445, "volume": 394458, "typical_volume": 439313.75, "trend": 153.175599, "fair_value": 139.417439, "relative_strength": -20.333174, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.678687, "energy": 24.975697, "activity_lines": [ 154.654368, 154.713412, 154.146776, 153.751323 ] }, { "date": "2026-04-17", "close": 155.326874, "volume": 406345, "typical_volume": 446245.4, "trend": 153.324635, "fair_value": 139.620106, "relative_strength": -19.186788, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.256865, "energy": 33.549589, "activity_lines": [ 154.919964, 154.849753, 154.296823, 153.890115 ] }, { "date": "2026-04-24", "close": 155.790283, "volume": 361909, "typical_volume": 448045.75, "trend": 153.46831, "fair_value": 139.824227, "relative_strength": -16.38253, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.189433, "energy": 35.573094, "activity_lines": [ 155.293564, 155.041251, 154.486529, 154.049189 ] }, { "date": "2026-05-01", "close": 153.079575, "volume": 412277, "typical_volume": 436943.45, "trend": 153.477587, "fair_value": 139.99965, "relative_strength": -15.890188, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.793868, "energy": 16.614696, "activity_lines": [ 154.605386, 154.70023, 154.407711, 154.02411 ] }, { "date": "2026-05-08", "close": 153.818848, "volume": 489095, "typical_volume": 431789.35, "trend": 153.526108, "fair_value": 140.175726, "relative_strength": -13.607119, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.319047, "energy": 11.611558, "activity_lines": [ 154.314972, 154.510724, 154.396239, 154.046126 ] }, { "date": "2026-05-15", "close": 153.276703, "volume": 446982, "typical_volume": 434732.45, "trend": 153.569256, "fair_value": 140.359815, "relative_strength": -10.254351, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.562061, "energy": 10.131363, "activity_lines": [ 153.853671, 154.256036, 154.325264, 154.030036 ] }, { "date": "2026-05-22", "close": 153.079575, "volume": 415822, "typical_volume": 442596.8, "trend": 153.615354, "fair_value": 140.545931, "relative_strength": -9.467438, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.180321, "energy": 19.051765, "activity_lines": [ 153.460711, 154.017001, 154.231376, 153.998443 ] }, { "date": "2026-05-29", "close": 153.483719, "volume": 480838, "typical_volume": 442851.05, "trend": 153.700317, "fair_value": 140.722073, "relative_strength": -7.593406, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.86511, "energy": 17.60029, "activity_lines": [ 153.352285, 153.879633, 154.17765, 153.989951 ] }, { "date": "2026-06-05", "close": 153.821228, "volume": 70410, "typical_volume": 423924.2, "trend": 153.774157, "fair_value": 140.909867, "relative_strength": -4.483199, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.140614, "energy": 17.20177, "activity_lines": [ 153.510133, 153.802421, 154.149795, 153.997752 ] }, { "date": "2026-06-12", "close": 150.297089, "volume": 87545, "typical_volume": 406471.5, "trend": 153.68098, "fair_value": 141.06006, "relative_strength": -7.479822, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.2906, "energy": 42.186886, "activity_lines": [ 152.443824, 153.112246, 153.779864, 153.773425 ] }, { "date": "2026-06-19", "close": 149.403641, "volume": 78916, "typical_volume": 385977.95, "trend": 153.546835, "fair_value": 141.187057, "relative_strength": -6.297888, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.837161, "energy": 69.714995, "activity_lines": [ 151.314484, 152.326338, 153.337912, 153.497467 ] }, { "date": "2026-06-26", "close": 149.205109, "volume": 102815, "typical_volume": 373644.6, "trend": 153.374108, "fair_value": 141.303996, "relative_strength": -8.59043, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.48267, "energy": 79.00564, "activity_lines": [ 150.37717, 151.611312, 152.894839, 153.217356 ] }, { "date": "2026-07-03", "close": 149.107146, "volume": 86102, "typical_volume": 347434.2, "trend": 153.223862, "fair_value": 141.417166, "relative_strength": -8.818978, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.467977, "energy": 83.688783, "activity_lines": [ 149.6655, 150.989779, 152.463966, 152.942068 ] }, { "date": "2026-07-10", "close": 148.115082, "volume": 473396, "typical_volume": 357756.8, "trend": 153.079812, "fair_value": 141.530815, "relative_strength": -10.824701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.457893, "energy": 86.105517, "activity_lines": [ 148.914913, 150.309382, 151.960048, 152.612469 ] }, { "date": "2026-07-17", "close": 147.738093, "volume": 616951, "typical_volume": 368616.5, "trend": 152.932207, "fair_value": 141.650608, "relative_strength": -8.471661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.644414, "energy": 84.096409, "activity_lines": [ 148.419073, 149.650706, 151.448345, 152.267842 ] }, { "date": "2026-07-24", "close": 146.587296, "volume": 551534, "typical_volume": 375427.5, "trend": 152.738196, "fair_value": 141.7611, "relative_strength": -8.893677, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.032053, "energy": 83.955704, "activity_lines": [ 147.710233, 148.893352, 150.864744, 151.858493 ] }, { "date": "2026-07-31", "close": 146.25, "volume": 515932, "typical_volume": 379287.6, "trend": 152.498843, "fair_value": 141.864467, "relative_strength": -10.645184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.443139, "energy": 85.822182, "activity_lines": [ 147.076718, 148.196298, 150.294359, 151.4399 ] }, { "date": "2026-08-07", "close": 147.0, "volume": 718770, "typical_volume": 377314.4, "trend": 152.326624, "fair_value": 141.980087, "relative_strength": -6.94863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.62256, "energy": 74.642912, "activity_lines": [ 146.89021, 147.759782, 149.835308, 151.085136 ] } ], "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." } } }