{ "ticker": { "uuid": "1ec58871-c065-489e-a86e-07a90550bef4", "symbol": "CNC", "name": "Centene Corp", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 52.811, "architecture_energy": 44.185, "architecture_maturity": 100.0, "architecture_confidence": 83.785, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 20.41, "rotation_up": 41.74, "upward_expansion": 69.41, "deceleration": 85.45, "rotation_down": 27.61, "downward_expansion": 19.41 }, "activity_lines": [ 64.546, 64.947818, 61.559095, 56.578903 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 65.77, "trend_reference": 51.095, "distance_from_trend": 0.28721, "trend_direction": "Improving", "fair_value": 58.671346, "distance_from_fair_value": 0.12099, "fair_value_direction": "Improving", "relative_strength": 32.743674, "relative_strength_direction": "Improving", "price_momentum": 0.710088, "excess_performance": 0.584464, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.28721, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.195279, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.12099, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.171269, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.327437, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.081047, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.710088, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.549362, "read": "Demand-led" } ], "volume": { "latest": 28923884, "relative_activity": 1.04141, "balance": 1.549362, "dry_up": 0.960979, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.077881, "annualized_volatility": 0.573753, "from_high_reference": -0.051691, "from_low_reference": 1.606817 }, "levels": { "trend_reference": 51.095, "fair_value_reference": 58.671346, "structural_low": 31.63, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": 0.006412, "positive_rate": 0.52381, "directional_follow_through": 0.52381, "median_excess_return": -0.004463, "regime_survival": 0.761905, "best_return": 0.134945, "worst_return": -0.174855, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.102525, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.133507, "regime_survival": 0.285714, "best_return": 0.108907, "worst_return": -0.199743, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.038498, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.03897, "regime_survival": 0.4, "best_return": 0.444969, "worst_return": -0.162635, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.019277, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.342112, "regime_survival": 0.0, "best_return": 0.197252, "worst_return": -0.223334, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-06-07", "tenure": "New", "return": -0.024864, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-08-09", "tenure": "Developing", "return": 0.102568, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-16", "end": "2024-09-27", "tenure": "Developing", "return": -0.045193, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-18", "tenure": "New", "return": -0.139567, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-04-04", "tenure": "Established", "return": -0.035659, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": -0.136236, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-11-07", "tenure": "Established", "return": -0.319812, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": 0.12287, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": 0.070733, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-02-13", "tenure": "Developing", "return": -0.129371, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-27", "tenure": "Developing", "return": -0.259944, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.191114, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.049119, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.128711, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 63.7, "volume": 13676243, "typical_volume": 15833275.25, "trend": 67.280333, "fair_value": 72.649103, "relative_strength": -20.447609, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.975606, "energy": 31.462679, "activity_lines": [ 65.462, 66.129091, 66.390571, 66.493161 ] }, { "date": "2023-08-25", "close": 63.48, "volume": 11497909, "typical_volume": 15596562.0, "trend": 66.888, "fair_value": 72.668333, "relative_strength": -20.671688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.233916, "energy": 47.222151, "activity_lines": [ 64.484, 65.604727, 66.094429, 66.247978 ] }, { "date": "2023-09-01", "close": 61.27, "volume": 15766058, "typical_volume": 15418785.35, "trend": 66.563333, "fair_value": 72.67859, "relative_strength": -24.559216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.224997, "energy": 63.89075, "activity_lines": [ 63.246, 64.718182, 65.599905, 65.885527 ] }, { "date": "2023-09-08", "close": 65.41, "volume": 19413649, "typical_volume": 15594938.2, "trend": 66.319, "fair_value": 72.73609, "relative_strength": -17.705636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.138186, "energy": 52.172558, "activity_lines": [ 63.715333, 64.676364, 65.532048, 65.811118 ] }, { "date": "2023-09-15", "close": 67.81, "volume": 22351804, "typical_volume": 15676217.45, "trend": 66.134, "fair_value": 72.77891, "relative_strength": -13.93846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.294224, "energy": 19.885915, "activity_lines": [ 65.010667, 65.108, 65.695524, 65.907312 ] }, { "date": "2023-09-22", "close": 68.68, "volume": 15286992, "typical_volume": 15809921.25, "trend": 66.080667, "fair_value": 72.863974, "relative_strength": -9.647091, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.299024, "energy": 7.291262, "activity_lines": [ 66.459333, 65.674, 65.94719, 66.07157 ] }, { "date": "2023-09-29", "close": 68.88, "volume": 16534926, "typical_volume": 16097525.4, "trend": 66.074333, "fair_value": 72.921026, "relative_strength": -8.15892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.006454, "energy": 32.515861, "activity_lines": [ 67.642667, 66.220909, 66.216524, 66.252172 ] }, { "date": "2023-10-06", "close": 70.21, "volume": 12609801, "typical_volume": 16100212.15, "trend": 66.244667, "fair_value": 72.959551, "relative_strength": -6.361764, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.200243, "energy": 47.085384, "activity_lines": [ 68.909333, 67.041455, 66.604381, 66.518989 ] }, { "date": "2023-10-13", "close": 71.07, "volume": 12276997, "typical_volume": 16012165.9, "trend": 66.528667, "fair_value": 72.990705, "relative_strength": -5.160998, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.015728, "energy": 64.716402, "activity_lines": [ 69.866667, 67.945091, 67.051238, 66.830301 ] }, { "date": "2023-10-20", "close": 71.89, "volume": 14030852, "typical_volume": 15813563.35, "trend": 66.79, "fair_value": 73.019359, "relative_strength": -1.393507, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.327794, "energy": 71.448389, "activity_lines": [ 70.72, 68.902, 67.536429, 67.176194 ] }, { "date": "2023-10-27", "close": 67.48, "volume": 17928199, "typical_volume": 15941359.65, "trend": 66.932333, "fair_value": 73.073077, "relative_strength": -4.439354, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.755208, "energy": 55.911924, "activity_lines": [ 69.831333, 68.945636, 67.575762, 67.22071 ] }, { "date": "2023-11-03", "close": 69.32, "volume": 15325252, "typical_volume": 15616441.85, "trend": 67.042333, "fair_value": 73.081987, "relative_strength": -6.617224, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.226601, "energy": 38.275787, "activity_lines": [ 69.636, 69.255091, 67.797571, 67.374753 ] }, { "date": "2023-11-10", "close": 71.87, "volume": 17328696, "typical_volume": 15892924.85, "trend": 67.169, "fair_value": 73.100064, "relative_strength": -3.984408, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.203512, "energy": 39.269145, "activity_lines": [ 70.261333, 69.922, 68.24481, 67.686215 ] }, { "date": "2023-11-17", "close": 72.61, "volume": 12385932, "typical_volume": 15875624.35, "trend": 67.389667, "fair_value": 73.161923, "relative_strength": -4.635637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.189158, "energy": 40.481003, "activity_lines": [ 71.022667, 70.530727, 68.736143, 68.037247 ] }, { "date": "2023-11-24", "close": 74.36, "volume": 6746147, "typical_volume": 15730278.25, "trend": 67.570667, "fair_value": 73.233654, "relative_strength": -2.740372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.191102, "energy": 64.28721, "activity_lines": [ 72.264667, 71.326727, 69.369571, 68.486946 ] }, { "date": "2023-12-01", "close": 74.88, "volume": 21733352, "typical_volume": 15813066.7, "trend": 67.787, "fair_value": 73.299551, "relative_strength": -2.299319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.704093, "energy": 71.186733, "activity_lines": [ 73.515333, 72.098182, 70.015095, 68.958516 ] }, { "date": "2023-12-08", "close": 73.77, "volume": 12599121, "typical_volume": 15496244.2, "trend": 68.007, "fair_value": 73.383269, "relative_strength": -3.28136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.338732, "energy": 70.370184, "activity_lines": [ 73.902667, 72.555091, 70.510857, 69.344516 ] }, { "date": "2023-12-15", "close": 74.22, "volume": 25843601, "typical_volume": 15847203.5, "trend": 68.301, "fair_value": 73.467051, "relative_strength": -4.334673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.532414, "energy": 65.715004, "activity_lines": [ 74.143333, 73.004909, 71.034524, 69.745355 ] }, { "date": "2023-12-22", "close": 73.34, "volume": 16536308, "typical_volume": 15615856.8, "trend": 68.655, "fair_value": 73.565256, "relative_strength": -5.654956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.383884, "energy": 45.868344, "activity_lines": [ 73.934, 73.221818, 71.436095, 70.070452 ] }, { "date": "2023-12-29", "close": 74.21, "volume": 9040503, "typical_volume": 15445617.1, "trend": 68.913333, "fair_value": 73.656154, "relative_strength": -4.177572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.287998, "energy": 41.4118, "activity_lines": [ 73.966, 73.555636, 71.884619, 70.428839 ] }, { "date": "2024-01-05", "close": 77.38, "volume": 13093156, "typical_volume": 15416462.75, "trend": 69.192667, "fair_value": 73.714936, "relative_strength": 1.980181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.42878, "energy": 50.36786, "activity_lines": [ 75.064667, 74.423636, 72.59481, 70.975075 ] }, { "date": "2024-01-12", "close": 78.81, "volume": 14136698, "typical_volume": 15548402.2, "trend": 69.631, "fair_value": 73.809936, "relative_strength": 2.331707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.086413, "energy": 58.925517, "activity_lines": [ 76.473333, 75.371636, 73.376048, 71.595548 ] }, { "date": "2024-01-19", "close": 74.15, "volume": 12441218, "typical_volume": 15382160.2, "trend": 69.891667, "fair_value": 73.890962, "relative_strength": -4.393269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.102262, "energy": 45.172003, "activity_lines": [ 75.992667, 75.299818, 73.640476, 71.887097 ] }, { "date": "2024-01-26", "close": 73.77, "volume": 16628712, "typical_volume": 15242913.35, "trend": 70.102333, "fair_value": 73.977308, "relative_strength": -5.436756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.302857, "energy": 39.619929, "activity_lines": [ 75.39, 75.117455, 73.807381, 72.137312 ] }, { "date": "2024-02-02", "close": 75.41, "volume": 12247041, "typical_volume": 14737675.2, "trend": 70.399333, "fair_value": 74.083269, "relative_strength": -4.435483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.395458, "energy": 33.986247, "activity_lines": [ 75.305333, 75.212182, 74.090667, 72.479742 ] }, { "date": "2024-02-09", "close": 77.33, "volume": 18444439, "typical_volume": 14895547.55, "trend": 70.789333, "fair_value": 74.199487, "relative_strength": -3.029689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.006913, "energy": 31.989533, "activity_lines": [ 75.780667, 75.636909, 74.520619, 72.926882 ] }, { "date": "2024-02-16", "close": 78.74, "volume": 10980460, "typical_volume": 14617824.25, "trend": 71.059667, "fair_value": 74.332628, "relative_strength": -0.62419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.702204, "energy": 39.837073, "activity_lines": [ 76.729333, 76.273455, 75.043667, 73.439828 ] }, { "date": "2024-02-23", "close": 80.22, "volume": 10730410, "typical_volume": 14523854.7, "trend": 71.527667, "fair_value": 74.471603, "relative_strength": -0.151934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.033922, "energy": 57.498704, "activity_lines": [ 78.176, 77.088727, 75.660714, 74.030817 ] }, { "date": "2024-03-01", "close": 77.98, "volume": 15014899, "typical_volume": 14660749.8, "trend": 71.933667, "fair_value": 74.583526, "relative_strength": -3.63504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.454446, "energy": 58.702689, "activity_lines": [ 78.471333, 77.387636, 76.016762, 74.447097 ] }, { "date": "2024-03-08", "close": 78.14, "volume": 13676495, "typical_volume": 14643031.95, "trend": 72.346333, "fair_value": 74.681218, "relative_strength": -3.00451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.319724, "energy": 53.860931, "activity_lines": [ 78.539333, 77.631273, 76.355143, 74.847505 ] }, { "date": "2024-03-15", "close": 75.47, "volume": 17172332, "typical_volume": 14605238.6, "trend": 72.738667, "fair_value": 74.753205, "relative_strength": -6.096702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.130851, "energy": 33.811479, "activity_lines": [ 77.535333, 77.318, 76.409476, 75.049032 ] }, { "date": "2024-03-22", "close": 76.93, "volume": 15995208, "typical_volume": 14638736.4, "trend": 73.187, "fair_value": 74.830577, "relative_strength": -6.180003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.875013, "energy": 20.41935, "activity_lines": [ 77.142, 77.304909, 76.56481, 75.319441 ] }, { "date": "2024-03-29", "close": 78.48, "volume": 12619704, "typical_volume": 14403286.8, "trend": 73.760667, "fair_value": 74.928205, "relative_strength": -4.552891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.021683, "energy": 21.609092, "activity_lines": [ 77.386, 77.607818, 76.831524, 75.660925 ] }, { "date": "2024-04-05", "close": 72.78, "volume": 17746460, "typical_volume": 14671313.2, "trend": 74.006333, "fair_value": 74.993397, "relative_strength": -10.437612, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.468466, "energy": 11.140506, "activity_lines": [ 75.846, 76.795636, 76.523905, 75.597656 ] }, { "date": "2024-04-12", "close": 70.73, "volume": 13168349, "typical_volume": 14992423.3, "trend": 74.103667, "fair_value": 75.030385, "relative_strength": -11.353616, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.482455, "energy": 23.900644, "activity_lines": [ 73.969333, 75.628727, 76.020238, 75.38628 ] }, { "date": "2024-04-19", "close": 75.15, "volume": 19708492, "typical_volume": 14891180.3, "trend": 74.319333, "fair_value": 75.093077, "relative_strength": -2.701907, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.65062, "energy": 18.102063, "activity_lines": [ 74.06, 75.350545, 75.95481, 75.453785 ] }, { "date": "2024-04-26", "close": 74.0, "volume": 16933294, "typical_volume": 15107888.95, "trend": 74.49, "fair_value": 75.171667, "relative_strength": -6.400084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.266966, "energy": 22.451732, "activity_lines": [ 73.788667, 74.902909, 75.778571, 75.433183 ] }, { "date": "2024-05-03", "close": 74.81, "volume": 24070824, "typical_volume": 15019250.1, "trend": 74.643333, "fair_value": 75.199615, "relative_strength": -5.681639, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -10.791885, "energy": 21.328373, "activity_lines": [ 73.982667, 74.688727, 75.678381, 75.453828 ] }, { "date": "2024-05-10", "close": 77.79, "volume": 14193076, "typical_volume": 14902088.5, "trend": 74.867333, "fair_value": 75.254679, "relative_strength": -3.528865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.724072, "energy": 16.186566, "activity_lines": [ 75.414667, 75.114727, 75.85919, 75.656839 ] }, { "date": "2024-05-17", "close": 78.06, "volume": 16890448, "typical_volume": 15294585.75, "trend": 75.073, "fair_value": 75.282436, "relative_strength": -4.6372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.793557, "energy": 22.804184, "activity_lines": [ 76.602667, 75.593273, 76.044524, 75.862817 ] }, { "date": "2024-05-24", "close": 74.63, "volume": 14389282, "typical_volume": 15359392.05, "trend": 75.311333, "fair_value": 75.289038, "relative_strength": -8.70607, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.250167, "energy": 16.93419, "activity_lines": [ 76.158667, 75.449636, 75.884857, 75.834237 ] }, { "date": "2024-05-31", "close": 71.59, "volume": 24713693, "typical_volume": 15888241.8, "trend": 75.387, "fair_value": 75.29, "relative_strength": -11.841503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.445605, "energy": 12.668456, "activity_lines": [ 74.736, 74.768545, 75.448762, 75.594151 ] }, { "date": "2024-06-07", "close": 69.81, "volume": 12865521, "typical_volume": 15909456.95, "trend": 75.318333, "fair_value": 75.28359, "relative_strength": -14.760532, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.556023, "energy": 48.599006, "activity_lines": [ 72.880667, 73.860909, 74.877524, 75.234344 ] }, { "date": "2024-06-14", "close": 68.93, "volume": 17677233, "typical_volume": 15961883.0, "trend": 75.195667, "fair_value": 75.265897, "relative_strength": -16.944674, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.045462, "energy": 65.016334, "activity_lines": [ 71.065333, 72.950909, 74.243143, 74.822194 ] }, { "date": "2024-06-21", "close": 67.93, "volume": 16763444, "typical_volume": 16187703.15, "trend": 74.981333, "fair_value": 75.227628, "relative_strength": -18.360092, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.982417, "energy": 73.236129, "activity_lines": [ 69.507333, 71.929091, 73.536571, 74.353441 ] }, { "date": "2024-06-28", "close": 66.3, "volume": 26228570, "typical_volume": 16576909.7, "trend": 74.695333, "fair_value": 75.179038, "relative_strength": -19.949443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.907102, "energy": 77.666769, "activity_lines": [ 68.081333, 70.661818, 72.710381, 73.793355 ] }, { "date": "2024-07-05", "close": 66.37, "volume": 12417301, "typical_volume": 16648751.75, "trend": 74.448667, "fair_value": 75.133269, "relative_strength": -21.030084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.603142, "energy": 78.790869, "activity_lines": [ 67.234, 69.568182, 71.943381, 73.256237 ] }, { "date": "2024-07-12", "close": 67.86, "volume": 15834800, "typical_volume": 16903971.25, "trend": 74.236667, "fair_value": 75.1025, "relative_strength": -19.754133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.082318, "energy": 71.18114, "activity_lines": [ 67.231333, 68.884182, 71.37719, 72.831161 ] }, { "date": "2024-07-19", "close": 66.24, "volume": 21177462, "typical_volume": 17212099.4, "trend": 74.0, "fair_value": 75.056218, "relative_strength": -19.714499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.51511, "energy": 66.297911, "activity_lines": [ 66.818667, 68.032, 70.715571, 72.315247 ] }, { "date": "2024-07-26", "close": 73.1, "volume": 27462146, "typical_volume": 17901381.95, "trend": 73.963, "fair_value": 75.085, "relative_strength": -10.515066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.756862, "energy": 29.658774, "activity_lines": [ 68.872, 68.637091, 70.76319, 72.257183 ] }, { "date": "2024-08-02", "close": 78.09, "volume": 26049278, "typical_volume": 18345229.25, "trend": 73.986667, "fair_value": 75.157372, "relative_strength": -2.301447, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.445424, "energy": 13.384569, "activity_lines": [ 72.244, 70.239636, 71.310048, 72.523441 ] }, { "date": "2024-08-09", "close": 76.0, "volume": 16720314, "typical_volume": 18381484.55, "trend": 73.893, "fair_value": 75.240256, "relative_strength": -4.846378, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 11.745185, "energy": 24.060656, "activity_lines": [ 74.133333, 71.399273, 71.645381, 72.653333 ] }, { "date": "2024-08-16", "close": 78.11, "volume": 13739153, "typical_volume": 18437457.0, "trend": 74.025, "fair_value": 75.328718, "relative_strength": -5.880623, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.246386, "energy": 38.673477, "activity_lines": [ 76.084, 72.862364, 72.186095, 72.925398 ] }, { "date": "2024-08-23", "close": 78.55, "volume": 11711006, "typical_volume": 18135684.3, "trend": 74.184333, "fair_value": 75.422115, "relative_strength": -6.588252, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.423869, "energy": 52.464463, "activity_lines": [ 77.498, 74.254545, 72.770476, 73.217333 ] }, { "date": "2024-08-30", "close": 78.83, "volume": 13190637, "typical_volume": 18136798.7, "trend": 74.298333, "fair_value": 75.514808, "relative_strength": -6.538796, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.564537, "energy": 62.194075, "activity_lines": [ 78.184667, 75.522727, 73.354048, 73.517054 ] }, { "date": "2024-09-06", "close": 70.83, "volume": 21640552, "typical_volume": 18233401.7, "trend": 74.081667, "fair_value": 75.585962, "relative_strength": -12.198623, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 7.227604, "energy": 20.621957, "activity_lines": [ 75.822667, 75.138182, 73.137143, 73.29329 ] }, { "date": "2024-09-13", "close": 75.35, "volume": 22868181, "typical_volume": 18530146.05, "trend": 73.968667, "fair_value": 75.654615, "relative_strength": -9.956346, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.648724, "energy": 12.382151, "activity_lines": [ 75.451333, 75.493091, 73.371286, 73.375118 ] }, { "date": "2024-09-20", "close": 75.61, "volume": 23156327, "typical_volume": 18484421.2, "trend": 73.815, "fair_value": 75.736603, "relative_strength": -10.581388, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.2052, "energy": 8.721152, "activity_lines": [ 75.21, 75.732, 73.623762, 73.481011 ] }, { "date": "2024-09-27", "close": 74.58, "volume": 18910614, "typical_volume": 18720298.1, "trend": 73.701667, "fair_value": 75.810513, "relative_strength": -11.923005, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.111937, "energy": 11.076363, "activity_lines": [ 74.792, 75.642727, 73.774333, 73.530366 ] }, { "date": "2024-10-04", "close": 72.08, "volume": 19805005, "typical_volume": 18866025.95, "trend": 73.499667, "fair_value": 75.860192, "relative_strength": -14.65814, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.506127, "energy": 7.852421, "activity_lines": [ 73.805333, 74.947273, 73.702095, 73.425742 ] }, { "date": "2024-10-11", "close": 72.44, "volume": 17566354, "typical_volume": 19024879.55, "trend": 73.398667, "fair_value": 75.905833, "relative_strength": -14.741978, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.997048, "energy": 10.407681, "activity_lines": [ 73.388667, 74.335818, 73.692619, 73.357376 ] }, { "date": "2024-10-18", "close": 62.02, "volume": 35680743, "typical_volume": 19573232.05, "trend": 72.901667, "fair_value": 75.859551, "relative_strength": -26.990548, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.83968, "energy": 51.197158, "activity_lines": [ 69.391333, 71.932545, 72.70119, 72.623269 ] }, { "date": "2024-10-25", "close": 64.22, "volume": 48803653, "typical_volume": 21370138.65, "trend": 72.426333, "fair_value": 75.814551, "relative_strength": -23.110011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.472157, "energy": 70.360996, "activity_lines": [ 67.016, 70.183455, 71.964857, 72.063161 ] }, { "date": "2024-11-01", "close": 63.52, "volume": 34405011, "typical_volume": 22206527.55, "trend": 72.117667, "fair_value": 75.746282, "relative_strength": -22.361004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.128563, "energy": 78.437961, "activity_lines": [ 65.166667, 68.559636, 71.188476, 71.488559 ] }, { "date": "2024-11-08", "close": 60.15, "volume": 34780715, "typical_volume": 23107391.1, "trend": 71.765, "fair_value": 75.645577, "relative_strength": -29.201382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.863302, "energy": 85.411409, "activity_lines": [ 62.931333, 66.596364, 70.116905, 70.716452 ] }, { "date": "2024-11-15", "close": 57.46, "volume": 33499191, "typical_volume": 23470922.15, "trend": 71.175333, "fair_value": 75.545897, "relative_strength": -30.316438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.165795, "energy": 87.325608, "activity_lines": [ 60.594667, 64.483636, 68.82619, 69.793548 ] }, { "date": "2024-11-22", "close": 60.37, "volume": 28220810, "typical_volume": 24261097.6, "trend": 70.721, "fair_value": 75.459167, "relative_strength": -27.350539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.006361, "energy": 78.089963, "activity_lines": [ 60.226667, 63.143091, 67.854714, 69.09643 ] }, { "date": "2024-11-29", "close": 60.0, "volume": 17794530, "typical_volume": 24359084.1, "trend": 70.227333, "fair_value": 75.388333, "relative_strength": -27.987008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.204978, "energy": 69.378687, "activity_lines": [ 59.845333, 62.007636, 66.876571, 68.404753 ] }, { "date": "2024-12-06", "close": 56.76, "volume": 23174111, "typical_volume": 24458916.55, "trend": 69.526333, "fair_value": 75.249295, "relative_strength": -31.81005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.160882, "energy": 73.671978, "activity_lines": [ 58.665333, 60.566909, 65.627286, 67.535892 ] }, { "date": "2024-12-13", "close": 59.42, "volume": 30597359, "typical_volume": 24615677.2, "trend": 68.905, "fair_value": 75.098013, "relative_strength": -27.565622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.557453, "energy": 54.069724, "activity_lines": [ 58.822667, 59.933818, 64.676476, 66.883871 ] }, { "date": "2024-12-20", "close": 59.58, "volume": 61806329, "typical_volume": 26403529.75, "trend": 68.403333, "fair_value": 74.936859, "relative_strength": -25.422023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.934675, "energy": 49.467726, "activity_lines": [ 59.082, 59.56, 63.806048, 66.282258 ] }, { "date": "2024-12-27", "close": 60.6, "volume": 11699895, "typical_volume": 26152508.8, "trend": 68.037, "fair_value": 74.797115, "relative_strength": -24.028886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.745355, "energy": 44.108061, "activity_lines": [ 59.54, 59.605455, 63.120905, 65.778817 ] }, { "date": "2025-01-03", "close": 61.48, "volume": 14401493, "typical_volume": 26185625.8, "trend": 67.759333, "fair_value": 74.701859, "relative_strength": -21.813598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.858352, "energy": 32.479465, "activity_lines": [ 60.276, 59.836727, 62.592905, 65.355785 ] }, { "date": "2025-01-10", "close": 61.83, "volume": 19833117, "typical_volume": 26591731.35, "trend": 67.522667, "fair_value": 74.581859, "relative_strength": -19.10249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.264443, "energy": 25.863208, "activity_lines": [ 61.03, 60.181455, 62.177429, 64.973247 ] }, { "date": "2025-01-17", "close": 62.25, "volume": 18293118, "typical_volume": 26846855.4, "trend": 67.333333, "fair_value": 74.48641, "relative_strength": -20.2826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.37614, "energy": 21.160919, "activity_lines": [ 61.586, 60.633273, 61.881571, 64.633075 ] }, { "date": "2025-01-24", "close": 64.58, "volume": 15614575, "typical_volume": 26545556.55, "trend": 67.276, "fair_value": 74.405064, "relative_strength": -18.145138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.507303, "energy": 22.400448, "activity_lines": [ 62.73, 61.470545, 61.886571, 64.455441 ] }, { "date": "2025-01-31", "close": 64.03, "volume": 18382592, "typical_volume": 26321277.1, "trend": 67.198, "fair_value": 74.299038, "relative_strength": -17.424245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.883097, "energy": 18.625776, "activity_lines": [ 63.357333, 62.078364, 61.868952, 64.246022 ] }, { "date": "2025-02-07", "close": 58.94, "volume": 29908992, "typical_volume": 26658910.35, "trend": 66.900667, "fair_value": 74.142756, "relative_strength": -23.188897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.502053, "energy": 18.909031, "activity_lines": [ 62.059333, 61.694182, 61.420476, 63.713247 ] }, { "date": "2025-02-14", "close": 56.86, "volume": 23129855, "typical_volume": 26869872.4, "trend": 66.588, "fair_value": 73.981218, "relative_strength": -26.2476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.03002, "energy": 34.029568, "activity_lines": [ 60.237333, 60.951091, 60.853286, 63.065462 ] }, { "date": "2025-02-21", "close": 57.68, "volume": 20305290, "typical_volume": 26894886.65, "trend": 66.074, "fair_value": 73.815577, "relative_strength": -23.221397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.310035, "energy": 49.527333, "activity_lines": [ 59.02, 60.355273, 60.448571, 62.490753 ] }, { "date": "2025-02-28", "close": 58.16, "volume": 28792579, "typical_volume": 27456197.9, "trend": 65.409667, "fair_value": 73.636795, "relative_strength": -21.152439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.426334, "energy": 57.293764, "activity_lines": [ 58.267333, 59.878364, 60.158143, 61.980172 ] }, { "date": "2025-03-07", "close": 60.03, "volume": 22133467, "typical_volume": 26778834.1, "trend": 64.877333, "fair_value": 73.486923, "relative_strength": -15.375955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.009563, "energy": 50.062618, "activity_lines": [ 58.566, 59.767273, 60.11381, 61.633097 ] }, { "date": "2025-03-14", "close": 58.19, "volume": 26637238, "typical_volume": 25670513.35, "trend": 64.213333, "fair_value": 73.2975, "relative_strength": -15.450879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.570828, "energy": 38.139685, "activity_lines": [ 58.518, 59.332, 59.903714, 61.201656 ] }, { "date": "2025-03-21", "close": 58.9, "volume": 18851840, "typical_volume": 24892854.8, "trend": 63.558333, "fair_value": 73.12641, "relative_strength": -14.247271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.527909, "energy": 30.889105, "activity_lines": [ 58.756667, 59.085636, 59.789952, 60.85886 ] }, { "date": "2025-03-28", "close": 60.04, "volume": 17095113, "typical_volume": 24008574.7, "trend": 62.932, "fair_value": 72.963141, "relative_strength": -10.659531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.49185, "energy": 19.955511, "activity_lines": [ 59.239333, 59.099818, 59.806762, 60.631871 ] }, { "date": "2025-04-04", "close": 61.93, "volume": 25863201, "typical_volume": 23626775.2, "trend": 62.635333, "fair_value": 72.792949, "relative_strength": 1.657954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.977484, "energy": 10.446179, "activity_lines": [ 60.194667, 59.497818, 60.004095, 60.567226 ] }, { "date": "2025-04-11", "close": 63.86, "volume": 29001338, "typical_volume": 23665801.6, "trend": 62.252333, "fair_value": 72.647564, "relative_strength": -0.473441, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.811644, "energy": 12.331141, "activity_lines": [ 61.542, 60.294909, 60.363952, 60.646237 ] }, { "date": "2025-04-18", "close": 60.7, "volume": 15130721, "typical_volume": 23532611.15, "trend": 61.755333, "fair_value": 72.495577, "relative_strength": -3.452027, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.617117, "energy": 13.770729, "activity_lines": [ 61.580667, 60.520545, 60.406238, 60.546086 ] }, { "date": "2025-04-25", "close": 57.69, "volume": 26442404, "typical_volume": 23696025.8, "trend": 61.192333, "fair_value": 72.349038, "relative_strength": -11.670486, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.864366, "energy": 13.722858, "activity_lines": [ 60.448667, 60.166909, 60.158524, 60.283806 ] }, { "date": "2025-05-02", "close": 60.16, "volume": 30365163, "typical_volume": 23684416.0, "trend": 60.795, "fair_value": 72.196026, "relative_strength": -9.894558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.997556, "energy": 9.8948, "activity_lines": [ 60.220667, 60.247273, 60.141619, 60.217204 ] }, { "date": "2025-05-09", "close": 62.79, "volume": 25813491, "typical_volume": 21884774.1, "trend": 60.473333, "fair_value": 72.070833, "relative_strength": -4.931569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.824926, "energy": 10.337759, "activity_lines": [ 60.861333, 60.760727, 60.371667, 60.345914 ] }, { "date": "2025-05-16", "close": 61.78, "volume": 30900712, "typical_volume": 22844814.95, "trend": 60.465333, "fair_value": 71.922244, "relative_strength": -10.494587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.719619, "energy": 7.581344, "activity_lines": [ 61.108, 61.006364, 60.490238, 60.430215 ] }, { "date": "2025-05-23", "close": 56.41, "volume": 20837897, "typical_volume": 23166635.15, "trend": 60.205, "fair_value": 71.742756, "relative_strength": -15.510776, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.702178, "energy": 13.617873, "activity_lines": [ 59.703333, 60.243818, 60.091762, 60.168581 ] }, { "date": "2025-05-30", "close": 56.44, "volume": 19188917, "typical_volume": 23134425.15, "trend": 59.969, "fair_value": 71.579103, "relative_strength": -16.358313, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.990853, "energy": 37.283148, "activity_lines": [ 58.594667, 59.519091, 59.720286, 59.925677 ] }, { "date": "2025-06-06", "close": 55.16, "volume": 21350123, "typical_volume": 23287275.4, "trend": 59.802667, "fair_value": 71.423013, "relative_strength": -19.037121, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.570685, "energy": 52.641841, "activity_lines": [ 57.142667, 58.606364, 59.252571, 59.615419 ] }, { "date": "2025-06-13", "close": 55.22, "volume": 16774832, "typical_volume": 23345288.25, "trend": 59.728, "fair_value": 71.287756, "relative_strength": -18.158724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.38227, "energy": 61.588755, "activity_lines": [ 56.044, 57.793273, 58.824333, 59.319763 ] }, { "date": "2025-06-20", "close": 54.4, "volume": 25501570, "typical_volume": 23701237.15, "trend": 59.529, "fair_value": 71.104744, "relative_strength": -18.765213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.938071, "energy": 65.027094, "activity_lines": [ 55.176667, 56.953091, 58.362571, 58.976022 ] }, { "date": "2025-06-27", "close": 53.99, "volume": 25010016, "typical_volume": 23456288.35, "trend": 59.328667, "fair_value": 70.898205, "relative_strength": -21.606872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.446886, "energy": 64.974915, "activity_lines": [ 54.664667, 56.210364, 57.907619, 58.618667 ] }, { "date": "2025-07-04", "close": 33.31, "volume": 143087536, "typical_volume": 29454172.4, "trend": 58.547, "fair_value": 70.547564, "relative_strength": -51.879922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.085956, "energy": 89.934403, "activity_lines": [ 47.420667, 51.829636, 55.506714, 56.940043 ] }, { "date": "2025-07-11", "close": 31.44, "volume": 93969444, "typical_volume": 33137380.1, "trend": 57.614333, "fair_value": 70.174359, "relative_strength": -53.876991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.539032, "energy": 97.953789, "activity_lines": [ 41.095333, 47.552182, 53.039857, 55.191204 ] }, { "date": "2025-07-18", "close": 27.95, "volume": 82107482, "typical_volume": 35803125.25, "trend": 56.56, "fair_value": 69.770577, "relative_strength": -58.69149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.403704, "energy": 97.866835, "activity_lines": [ 35.188, 43.162364, 50.365571, 53.277376 ] }, { "date": "2025-07-25", "close": 28.39, "volume": 176333549, "typical_volume": 43513129.35, "trend": 55.486333, "fair_value": 69.356603, "relative_strength": -57.983373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.24078, "energy": 94.095302, "activity_lines": [ 31.245333, 39.486, 47.877048, 51.459957 ] }, { "date": "2025-08-01", "close": 25.91, "volume": 104996698, "typical_volume": 47431102.35, "trend": 54.300667, "fair_value": 68.926218, "relative_strength": -59.929984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.850017, "energy": 93.224485, "activity_lines": [ 28.21, 35.965818, 45.303, 49.551806 ] }, { "date": "2025-08-08", "close": 25.59, "volume": 74900752, "typical_volume": 50233547.95, "trend": 53.092667, "fair_value": 68.470769, "relative_strength": -60.626465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.793539, "energy": 91.730653, "activity_lines": [ 26.94, 32.942, 42.85219, 47.699505 ] }, { "date": "2025-08-15", "close": 28.49, "volume": 72174821, "typical_volume": 52987533.35, "trend": 51.967333, "fair_value": 68.032244, "relative_strength": -55.77048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.513276, "energy": 87.19591, "activity_lines": [ 27.151333, 31.006364, 40.83619, 46.112237 ] }, { "date": "2025-08-22", "close": 29.41, "volume": 71199003, "typical_volume": 55254323.45, "trend": 50.795, "fair_value": 67.644231, "relative_strength": -53.620128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.009481, "energy": 67.792323, "activity_lines": [ 27.866, 29.722909, 39.058048, 44.656925 ] }, { "date": "2025-08-29", "close": 29.04, "volume": 43166084, "typical_volume": 55962560.75, "trend": 49.628667, "fair_value": 67.253141, "relative_strength": -53.302655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.077712, "energy": 65.883722, "activity_lines": [ 28.36, 28.841455, 37.399524, 43.253376 ] }, { "date": "2025-09-05", "close": 28.98, "volume": 59629948, "typical_volume": 58187522.1, "trend": 48.63, "fair_value": 66.849231, "relative_strength": -52.727643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.60523, "energy": 59.532167, "activity_lines": [ 28.790667, 28.410182, 35.901095, 41.921204 ] }, { "date": "2025-09-12", "close": 33.26, "volume": 106167028, "typical_volume": 62173753.3, "trend": 47.843333, "fair_value": 66.522179, "relative_strength": -45.645726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.070279, "energy": 51.684001, "activity_lines": [ 30.443333, 29.211818, 34.961333, 40.929591 ] }, { "date": "2025-09-19", "close": 31.77, "volume": 59368999, "typical_volume": 63623945.1, "trend": 46.979667, "fair_value": 66.221282, "relative_strength": -47.780351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.55827, "energy": 46.636882, "activity_lines": [ 31.088, 29.743455, 33.996, 39.892602 ] }, { "date": "2025-09-26", "close": 34.86, "volume": 63918340, "typical_volume": 65529187.55, "trend": 46.203, "fair_value": 65.945962, "relative_strength": -41.565094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.698357, "energy": 33.742005, "activity_lines": [ 32.544, 30.830909, 33.460143, 39.110688 ] }, { "date": "2025-10-03", "close": 38.7, "volume": 49593841, "typical_volume": 66463844.0, "trend": 45.492, "fair_value": 65.714423, "relative_strength": -34.879104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.692955, "energy": 39.180206, "activity_lines": [ 34.916667, 32.490909, 33.423, 38.626624 ] }, { "date": "2025-10-10", "close": 35.76, "volume": 55184055, "typical_volume": 68181151.9, "trend": 44.744333, "fair_value": 65.467372, "relative_strength": -37.361289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.265979, "energy": 30.453491, "activity_lines": [ 35.665333, 33.428909, 33.215762, 37.998753 ] }, { "date": "2025-10-17", "close": 35.27, "volume": 36428988, "typical_volume": 69043155.45, "trend": 43.956667, "fair_value": 65.220064, "relative_strength": -38.542933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.094131, "energy": 30.18967, "activity_lines": [ 35.798667, 34.098727, 33.06019, 37.387505 ] }, { "date": "2025-10-24", "close": 34.07, "volume": 48920587, "typical_volume": 70421678.65, "trend": 43.091, "fair_value": 64.888462, "relative_strength": -40.946793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.18959, "energy": 24.210123, "activity_lines": [ 35.398, 34.374364, 32.891143, 36.749656 ] }, { "date": "2025-10-31", "close": 35.37, "volume": 79083239, "typical_volume": 73537099.0, "trend": 42.205667, "fair_value": 64.591282, "relative_strength": -38.279779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.384679, "energy": 14.989157, "activity_lines": [ 35.277333, 34.784909, 32.946333, 36.251527 ] }, { "date": "2025-11-07", "close": 37.56, "volume": 49753297, "typical_volume": 74749685.35, "trend": 41.329, "fair_value": 64.305962, "relative_strength": -32.669267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.823218, "energy": 8.461578, "activity_lines": [ 35.852667, 35.485273, 33.304619, 35.951806 ] }, { "date": "2025-11-14", "close": 36.38, "volume": 50169846, "typical_volume": 76007676.85, "trend": 40.518333, "fair_value": 64.009167, "relative_strength": -34.190578, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.712452, "energy": 10.568835, "activity_lines": [ 36.110667, 35.816182, 33.630714, 35.632516 ] }, { "date": "2025-11-21", "close": 36.5, "volume": 40298719, "typical_volume": 70868236.0, "trend": 39.812, "fair_value": 63.699167, "relative_strength": -31.929786, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.477139, "energy": 12.350976, "activity_lines": [ 36.367333, 36.034364, 34.052095, 35.373269 ] }, { "date": "2025-11-28", "close": 39.34, "volume": 36994215, "typical_volume": 68019474.55, "trend": 39.118, "fair_value": 63.40141, "relative_strength": -28.518432, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.643053, "energy": 21.080713, "activity_lines": [ 37.488667, 36.71, 34.728762, 35.342817 ] }, { "date": "2025-12-05", "close": 38.34, "volume": 29943853, "typical_volume": 65411293.1, "trend": 38.303, "fair_value": 63.094295, "relative_strength": -29.923183, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.364117, "energy": 18.152666, "activity_lines": [ 37.925333, 37.066182, 35.272571, 35.292624 ] }, { "date": "2025-12-12", "close": 40.85, "volume": 33220748, "typical_volume": 58255653.05, "trend": 37.605333, "fair_value": 62.834359, "relative_strength": -24.18115, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.037666, "energy": 51.101841, "activity_lines": [ 39.000667, 37.815455, 36.005952, 35.456946 ] }, { "date": "2025-12-19", "close": 39.02, "volume": 37091402, "typical_volume": 54860388.25, "trend": 37.025667, "fair_value": 62.561218, "relative_strength": -26.873116, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.305625, "energy": 49.268961, "activity_lines": [ 39.246667, 38.192909, 36.505714, 35.548215 ] }, { "date": "2025-12-26", "close": 40.51, "volume": 13807747, "typical_volume": 51805738.0, "trend": 36.494667, "fair_value": 62.295192, "relative_strength": -24.326402, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.750945, "energy": 53.277642, "activity_lines": [ 39.813333, 38.782, 37.084952, 35.773011 ] }, { "date": "2026-01-02", "close": 41.78, "volume": 16679829, "typical_volume": 49030988.4, "trend": 36.048667, "fair_value": 62.058782, "relative_strength": -20.269956, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.948003, "energy": 72.206493, "activity_lines": [ 40.536, 39.506727, 37.714095, 36.114 ] }, { "date": "2026-01-09", "close": 46.61, "volume": 40489303, "typical_volume": 47495503.4, "trend": 35.761667, "fair_value": 61.863718, "relative_strength": -11.549116, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.101117, "energy": 83.973871, "activity_lines": [ 42.706, 40.969455, 38.739952, 36.795376 ] }, { "date": "2026-01-16", "close": 45.75, "volume": 26218405, "typical_volume": 46648119.45, "trend": 35.473333, "fair_value": 61.668846, "relative_strength": -12.003896, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.564064, "energy": 84.571341, "activity_lines": [ 44.038, 42.071455, 39.602, 37.439785 ] }, { "date": "2026-01-23", "close": 46.09, "volume": 21117695, "typical_volume": 44722506.8, "trend": 35.21, "fair_value": 61.481923, "relative_strength": -10.103768, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.301049, "energy": 85.522716, "activity_lines": [ 45.156667, 43.086364, 40.416857, 38.124731 ] }, { "date": "2026-01-30", "close": 43.32, "volume": 39696698, "typical_volume": 41398990.3, "trend": 35.543667, "fair_value": 61.304423, "relative_strength": -14.849705, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.725826, "energy": 73.58165, "activity_lines": [ 44.880667, 43.421091, 40.886429, 38.647957 ] }, { "date": "2026-02-06", "close": 38.46, "volume": 46479997, "typical_volume": 40754540.2, "trend": 35.777667, "fair_value": 61.084679, "relative_strength": -23.381685, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.812224, "energy": 39.658209, "activity_lines": [ 42.797333, 42.748182, 40.845238, 38.836108 ] }, { "date": "2026-02-13", "close": 40.58, "volume": 32206946, "typical_volume": 39168970.5, "trend": 36.198667, "fair_value": 60.874551, "relative_strength": -17.344868, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.295972, "energy": 24.070174, "activity_lines": [ 41.642, 42.476727, 40.974095, 39.145935 ] }, { "date": "2026-02-20", "close": 43.24, "volume": 18367143, "typical_volume": 37607635.6, "trend": 36.693667, "fair_value": 60.701218, "relative_strength": -12.096941, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.959162, "energy": 24.425374, "activity_lines": [ 41.775333, 42.648182, 41.329048, 39.600215 ] }, { "date": "2026-02-27", "close": 44.88, "volume": 24305078, "typical_volume": 36063686.75, "trend": 37.326, "fair_value": 60.546154, "relative_strength": -7.467325, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.279063, "energy": 24.889783, "activity_lines": [ 42.622667, 43.074364, 41.818571, 40.128366 ] }, { "date": "2026-03-06", "close": 43.65, "volume": 19004214, "typical_volume": 35192448.05, "trend": 37.928, "fair_value": 60.408654, "relative_strength": -7.158041, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.451061, "energy": 29.540432, "activity_lines": [ 43.140667, 43.170364, 42.147524, 40.536366 ] }, { "date": "2026-03-13", "close": 34.45, "volume": 49727336, "typical_volume": 35232785.5, "trend": 38.126667, "fair_value": 60.228526, "relative_strength": -24.518124, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.111047, "energy": 4.995044, "activity_lines": [ 40.57, 41.536545, 41.560381, 40.311978 ] }, { "date": "2026-03-20", "close": 34.4, "volume": 37044494, "typical_volume": 33130848.25, "trend": 38.293, "fair_value": 60.038462, "relative_strength": -22.105798, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.01303, "energy": 26.710997, "activity_lines": [ 38.25, 40.026909, 40.966667, 40.071548 ] }, { "date": "2026-03-27", "close": 32.0, "volume": 41813503, "typical_volume": 32733858.55, "trend": 38.391667, "fair_value": 59.838397, "relative_strength": -24.633489, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.621287, "energy": 53.751377, "activity_lines": [ 35.542, 38.302909, 40.149, 39.665548 ] }, { "date": "2026-04-03", "close": 35.11, "volume": 21595788, "typical_volume": 31305155.65, "trend": 38.596, "fair_value": 59.640256, "relative_strength": -18.399224, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.663866, "energy": 54.793106, "activity_lines": [ 34.62, 37.394364, 39.654, 39.453828 ] }, { "date": "2026-04-10", "close": 37.3, "volume": 26275537, "typical_volume": 30603996.55, "trend": 38.730667, "fair_value": 59.443013, "relative_strength": -14.671536, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.669284, "energy": 54.648968, "activity_lines": [ 35.079333, 37.083636, 39.373619, 39.370215 ] }, { "date": "2026-04-17", "close": 38.17, "volume": 23271766, "typical_volume": 29917874.1, "trend": 38.944, "fair_value": 59.264679, "relative_strength": -14.853264, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.658455, "energy": 33.204574, "activity_lines": [ 36.252, 37.040545, 39.172286, 39.334043 ] }, { "date": "2026-04-24", "close": 41.82, "volume": 22797089, "typical_volume": 29560535.9, "trend": 39.176, "fair_value": 59.090897, "relative_strength": -5.848274, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.707769, "energy": 8.606413, "activity_lines": [ 38.393333, 37.666364, 39.324143, 39.519591 ] }, { "date": "2026-05-01", "close": 53.34, "volume": 61477184, "typical_volume": 30973357.7, "trend": 39.664, "fair_value": 58.994423, "relative_strength": 20.208328, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 71.007105, "energy": 49.854979, "activity_lines": [ 43.88, 40.364182, 40.556571, 40.433398 ] }, { "date": "2026-05-08", "close": 55.96, "volume": 32463170, "typical_volume": 30741946.1, "trend": 40.337333, "fair_value": 58.922564, "relative_strength": 24.639022, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 89.268311, "energy": 86.806292, "activity_lines": [ 48.817333, 43.354727, 41.979048, 41.484753 ] }, { "date": "2026-05-15", "close": 58.27, "volume": 32369478, "typical_volume": 31670032.65, "trend": 41.104, "fair_value": 58.876859, "relative_strength": 30.598431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.527397, "energy": 95.467996, "activity_lines": [ 53.134667, 46.563818, 43.540857, 42.641699 ] }, { "date": "2026-05-22", "close": 59.14, "volume": 18228727, "typical_volume": 31747477.55, "trend": 41.939667, "fair_value": 58.85391, "relative_strength": 32.207365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.368899, "energy": 93.609431, "activity_lines": [ 56.344, 49.665273, 45.100952, 43.805312 ] }, { "date": "2026-05-29", "close": 59.6, "volume": 18815837, "typical_volume": 30663804.25, "trend": 42.747333, "fair_value": 58.809936, "relative_strength": 32.091725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.612401, "energy": 91.484428, "activity_lines": [ 58.308667, 52.401455, 46.62219, 44.944688 ] }, { "date": "2026-06-05", "close": 62.33, "volume": 23260429, "typical_volume": 30515905.45, "trend": 43.573, "fair_value": 58.767179, "relative_strength": 42.082313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.111908, "energy": 92.633779, "activity_lines": [ 59.998, 55.175818, 48.341571, 46.208086 ] }, { "date": "2026-06-12", "close": 65.19, "volume": 29434153, "typical_volume": 30931728.35, "trend": 44.533333, "fair_value": 58.764167, "relative_strength": 48.031685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.747399, "energy": 94.005759, "activity_lines": [ 62.041333, 57.918727, 50.254381, 47.602731 ] }, { "date": "2026-06-19", "close": 61.02, "volume": 30188264, "typical_volume": 30456306.65, "trend": 45.350667, "fair_value": 58.730128, "relative_strength": 37.769003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.013345, "energy": 76.35461, "activity_lines": [ 62.079333, 59.356545, 51.679095, 48.666387 ] }, { "date": "2026-06-26", "close": 65.73, "volume": 26733132, "typical_volume": 29468963.4, "trend": 46.230333, "fair_value": 58.719103, "relative_strength": 51.94785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.109342, "energy": 71.136632, "activity_lines": [ 63.504, 61.219455, 53.468095, 49.981183 ] }, { "date": "2026-07-03", "close": 67.86, "volume": 20226478, "typical_volume": 28869940.0, "trend": 47.214333, "fair_value": 58.727821, "relative_strength": 51.714057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.493819, "energy": 71.279999, "activity_lines": [ 65.199333, 62.968545, 55.330095, 51.376645 ] }, { "date": "2026-07-10", "close": 67.35, "volume": 19764958, "typical_volume": 28939830.75, "trend": 48.097667, "fair_value": 58.738846, "relative_strength": 46.748605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.047977, "energy": 67.706483, "activity_lines": [ 66.174, 64.151455, 57.013619, 52.67572 ] }, { "date": "2026-07-17", "close": 66.44, "volume": 20580015, "typical_volume": 28753577.6, "trend": 49.011667, "fair_value": 58.711987, "relative_strength": 45.002069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.540609, "energy": 64.636126, "activity_lines": [ 66.510667, 64.914182, 58.495667, 53.859097 ] }, { "date": "2026-07-24", "close": 63.41, "volume": 18519556, "typical_volume": 28729344.7, "trend": 49.775, "fair_value": 58.694231, "relative_strength": 37.457973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.70982, "energy": 59.950855, "activity_lines": [ 65.754, 64.935455, 59.586476, 54.788022 ] }, { "date": "2026-07-31", "close": 62.22, "volume": 38736669, "typical_volume": 28179811.35, "trend": 50.456333, "fair_value": 58.671282, "relative_strength": 31.745666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.106322, "energy": 49.032682, "activity_lines": [ 64.441333, 64.646909, 60.469857, 55.590925 ] }, { "date": "2026-08-07", "close": 65.77, "volume": 28923884, "typical_volume": 27773780.85, "trend": 51.095, "fair_value": 58.671346, "relative_strength": 32.743674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.81121, "energy": 44.184783, "activity_lines": [ 64.546, 64.947818, 61.559095, 56.578903 ] } ], "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." } } }