{ "ticker": { "uuid": "21391b8d-36c9-45dc-a817-d1aea1079ca8", "symbol": "KOO", "name": "Kooth plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 34.426, "architecture_energy": 20.856, "architecture_maturity": 57.665, "architecture_confidence": 87.587, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 44.85, "rotation_up": 26.06, "upward_expansion": 57.64, "deceleration": 87.79, "rotation_down": 29.28, "downward_expansion": 18.97 }, "activity_lines": [ 153.1, 155.909091, 153.959524, 146.464516 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 150.5, "trend_reference": 137.433333, "distance_from_trend": 0.095076, "trend_direction": "Improving", "fair_value": 212.126603, "distance_from_fair_value": -0.290518, "fair_value_direction": "Improving", "relative_strength": 1.268453, "relative_strength_direction": "Improving", "price_momentum": 0.127341, "excess_performance": 0.076106, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.095076, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.098734, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.290518, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.092533, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.012685, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.112197, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.127341, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.826912, "read": "Demand-led" } ], "volume": { "latest": 212776, "relative_activity": 0.640837, "balance": 1.826912, "dry_up": 0.751834, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.086149, "annualized_volatility": 0.506929, "from_high_reference": -0.207895, "from_low_reference": 0.567708 }, "levels": { "trend_reference": 137.433333, "fair_value_reference": 212.126603, "structural_low": 96.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.02439, "positive_rate": 0.111111, "directional_follow_through": 0.111111, "median_excess_return": -0.040624, "regime_survival": 0.666667, "best_return": 0.502024, "worst_return": -0.107817, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.07945, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.092445, "regime_survival": 0.5, "best_return": 0.295547, "worst_return": -0.205128, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.016556, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.056699, "regime_survival": 0.333333, "best_return": 0.222672, "worst_return": -0.211538, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.242915, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.151608, "regime_survival": 0.0, "best_return": 0.242915, "worst_return": 0.242915, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-08", "end": "2025-06-06", "tenure": "Extended", "return": 0.058824, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.101744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": -0.138122, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-05", "tenure": "New", "return": -0.025641, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-12", "end": "2025-11-07", "tenure": "Developing", "return": -0.166667, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-02-13", "tenure": "Established", "return": -0.019763, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.126016, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.180095, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.035714, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.07393, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-03", "tenure": "Developing", "return": -0.072046, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": -0.051051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": -0.054313, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-06-09", "close": 247.0, "volume": 39370, "typical_volume": 172480.2, "trend": 191.666667, "fair_value": 256.452381, "relative_strength": 40.758138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.894684, "energy": 35.999572, "activity_lines": [ 249.6, 254.409091, 238.030952, 218.555914 ] }, { "date": "2023-06-16", "close": 245.0, "volume": 281206, "typical_volume": 182262.75, "trend": 196.166667, "fair_value": 256.362205, "relative_strength": 37.997561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.100607, "energy": 27.878024, "activity_lines": [ 247.266667, 252.781818, 240.547619, 221.996774 ] }, { "date": "2023-06-23", "close": 238.0, "volume": 73292, "typical_volume": 176257.95, "trend": 199.916667, "fair_value": 256.21875, "relative_strength": 36.910233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.682221, "energy": 26.223494, "activity_lines": [ 243.466667, 249.654545, 242.07381, 224.695699 ] }, { "date": "2023-06-30", "close": 250.0, "volume": 48287, "typical_volume": 173006.55, "trend": 203.716667, "fair_value": 256.170543, "relative_strength": 41.751106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.218306, "energy": 26.650052, "activity_lines": [ 245.2, 248.563636, 244.390476, 227.926882 ] }, { "date": "2023-07-14", "close": 371.0, "volume": 222666, "typical_volume": 183646.45, "trend": 211.55, "fair_value": 257.053846, "relative_strength": 109.023508, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 89.443598, "energy": 72.491686, "activity_lines": [ 287.066667, 269.981818, 257.821429, 238.719355 ] }, { "date": "2023-07-21", "close": 362.0, "volume": 163225, "typical_volume": 188869.6, "trend": 219.066667, "fair_value": 257.854962, "relative_strength": 94.312638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.667563, "energy": 94.215365, "activity_lines": [ 317.666667, 287.981818, 269.407143, 248.425806 ] }, { "date": "2023-07-28", "close": 350.0, "volume": 114981, "typical_volume": 188560.9, "trend": 226.1, "fair_value": 258.55303, "relative_strength": 84.264192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.81061, "energy": 91.687033, "activity_lines": [ 336.6, 302.054545, 278.952381, 256.873118 ] }, { "date": "2023-08-04", "close": 345.0, "volume": 92448, "typical_volume": 188563.55, "trend": 232.95, "fair_value": 259.203008, "relative_strength": 81.846889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.043534, "energy": 88.221467, "activity_lines": [ 346.866667, 313.545455, 287.22381, 264.544086 ] }, { "date": "2023-08-11", "close": 331.0, "volume": 209421, "typical_volume": 166566.6, "trend": 239.333333, "fair_value": 259.738806, "relative_strength": 72.741708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.580545, "energy": 86.679269, "activity_lines": [ 345.333333, 320.963636, 293.335714, 270.869892 ] }, { "date": "2023-08-18", "close": 329.0, "volume": 87527, "typical_volume": 130409.15, "trend": 244.966667, "fair_value": 260.251852, "relative_strength": 75.031353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.959094, "energy": 63.895631, "activity_lines": [ 337.733333, 326.490909, 298.502381, 276.654839 ] }, { "date": "2023-08-25", "close": 328.0, "volume": 29703, "typical_volume": 109657.4, "trend": 250.683333, "fair_value": 260.75, "relative_strength": 69.520969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.496031, "energy": 55.933002, "activity_lines": [ 332.6, 330.345455, 303.102381, 282.011828 ] }, { "date": "2023-09-01", "close": 329.0, "volume": 57813, "typical_volume": 109440.5, "trend": 255.75, "fair_value": 261.248175, "relative_strength": 64.114767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.5693, "energy": 45.404043, "activity_lines": [ 330.066667, 332.909091, 307.347619, 287.064516 ] }, { "date": "2023-09-08", "close": 328.0, "volume": 428186, "typical_volume": 129692.3, "trend": 261.216667, "fair_value": 261.731884, "relative_strength": 60.254003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.667802, "energy": 40.78585, "activity_lines": [ 328.6, 333.763636, 311.038095, 291.725806 ] }, { "date": "2023-09-15", "close": 320.0, "volume": 75597, "typical_volume": 124686.25, "trend": 266.416667, "fair_value": 262.151079, "relative_strength": 49.052149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.810896, "energy": 35.991202, "activity_lines": [ 325.6, 331.527273, 313.5, 295.51828 ] }, { "date": "2023-09-22", "close": 306.0, "volume": 501703, "typical_volume": 143801.95, "trend": 271.166667, "fair_value": 262.464286, "relative_strength": 40.808182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.411888, "energy": 24.915157, "activity_lines": [ 318.666667, 325.472727, 314.428571, 298.072043 ] }, { "date": "2023-10-06", "close": 297.0, "volume": 36156, "typical_volume": 143099.25, "trend": 275.283333, "fair_value": 262.70922, "relative_strength": 38.015557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.207225, "energy": 19.913367, "activity_lines": [ 310.266667, 318.963636, 314.342857, 299.73871 ] }, { "date": "2023-10-13", "close": 320.0, "volume": 368340, "typical_volume": 152696.35, "trend": 279.866667, "fair_value": 263.112676, "relative_strength": 44.290812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.22198, "energy": 20.362248, "activity_lines": [ 311.6, 317.818182, 316.3, 302.623656 ] }, { "date": "2023-10-20", "close": 303.0, "volume": 210372, "typical_volume": 158439.15, "trend": 284.25, "fair_value": 263.391608, "relative_strength": 38.062618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.502482, "energy": 19.144178, "activity_lines": [ 307.866667, 314.127273, 316.342857, 304.116129 ] }, { "date": "2023-11-03", "close": 301.0, "volume": 36790, "typical_volume": 155513.9, "trend": 288.533333, "fair_value": 263.652778, "relative_strength": 34.705888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.034344, "energy": 14.741041, "activity_lines": [ 305.133333, 310.836364, 315.995238, 305.196774 ] }, { "date": "2023-11-10", "close": 301.0, "volume": 18935, "typical_volume": 154800.9, "trend": 290.9, "fair_value": 263.910345, "relative_strength": 33.659648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.391913, "energy": 12.172559, "activity_lines": [ 303.666667, 308.090909, 315.390476, 306.001075 ] }, { "date": "2023-11-17", "close": 301.0, "volume": 103672, "typical_volume": 158016.0, "trend": 293.15, "fair_value": 264.164384, "relative_strength": 29.168593, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.871407, "energy": 24.413591, "activity_lines": [ 302.533333, 305.854545, 314.528571, 306.652688 ] }, { "date": "2023-12-01", "close": 293.0, "volume": 28452, "typical_volume": 145378.3, "trend": 295.166667, "fair_value": 264.360544, "relative_strength": 23.569889, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -11.047495, "energy": 35.782054, "activity_lines": [ 298.466667, 302.654545, 312.647619, 306.643011 ] }, { "date": "2023-12-08", "close": 305.0, "volume": 277396, "typical_volume": 155583.5, "trend": 297.666667, "fair_value": 264.635135, "relative_strength": 26.364885, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.139299, "energy": 21.804859, "activity_lines": [ 300.2, 302.290909, 311.680952, 307.277419 ] }, { "date": "2023-12-15", "close": 298.0, "volume": 81514, "typical_volume": 157244.85, "trend": 298.333333, "fair_value": 264.85906, "relative_strength": 21.330602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.419119, "energy": 15.039466, "activity_lines": [ 299.466667, 301.072727, 309.728571, 307.298925 ] }, { "date": "2023-12-22", "close": 298.0, "volume": 21373, "typical_volume": 147180.2, "trend": 299.166667, "fair_value": 265.08, "relative_strength": 17.913392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.100879, "energy": 19.760145, "activity_lines": [ 298.933333, 300.254545, 307.547619, 307.277419 ] }, { "date": "2023-12-29", "close": 297.0, "volume": 19228, "typical_volume": 139980.35, "trend": 300.2, "fair_value": 265.291391, "relative_strength": 15.604671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.3503, "energy": 20.348381, "activity_lines": [ 298.266667, 299.4, 305.619048, 307.137634 ] }, { "date": "2024-01-05", "close": 302.0, "volume": 540400, "typical_volume": 161251.3, "trend": 301.666667, "fair_value": 265.532895, "relative_strength": 16.779199, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.55953, "energy": 14.62411, "activity_lines": [ 299.533333, 299.454545, 304.47619, 307.253763 ] }, { "date": "2024-01-12", "close": 302.0, "volume": 276073, "typical_volume": 170432.55, "trend": 303.033333, "fair_value": 265.771242, "relative_strength": 16.34967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.75137, "energy": 11.906255, "activity_lines": [ 300.2, 299.836364, 303.561905, 307.275269 ] }, { "date": "2024-01-19", "close": 293.0, "volume": 43020, "typical_volume": 162112.5, "trend": 304.566667, "fair_value": 265.948052, "relative_strength": 14.039789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.873746, "energy": 20.087758, "activity_lines": [ 298.066667, 298.6, 301.995238, 306.627957 ] }, { "date": "2024-01-26", "close": 288.0, "volume": 260864, "typical_volume": 170779.35, "trend": 305.933333, "fair_value": 266.090323, "relative_strength": 8.397383, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.492896, "energy": 45.33207, "activity_lines": [ 294.6, 296.6, 300.133333, 305.55914 ] }, { "date": "2024-02-02", "close": 273.0, "volume": 82962, "typical_volume": 173442.3, "trend": 306.8, "fair_value": 266.134615, "relative_strength": 2.050216, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.42402, "energy": 73.298312, "activity_lines": [ 286.8, 292.109091, 297.038095, 303.434409 ] }, { "date": "2024-02-09", "close": 272.0, "volume": 353468, "typical_volume": 188225.05, "trend": 307.7, "fair_value": 266.333333, "relative_strength": 1.411961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.345086, "energy": 80.941627, "activity_lines": [ 280.266667, 287.945455, 294.109524, 301.189247 ] }, { "date": "2024-02-16", "close": 262.0, "volume": 203124, "typical_volume": 176971.95, "trend": 308.5, "fair_value": 266.467949, "relative_strength": -4.803206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.31686, "energy": 88.640365, "activity_lines": [ 272.4, 282.345455, 290.5, 298.24086 ] }, { "date": "2024-02-23", "close": 258.0, "volume": 38974, "typical_volume": 175140.8, "trend": 308.766667, "fair_value": 266.586538, "relative_strength": -6.72872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.242144, "energy": 91.780127, "activity_lines": [ 265.866667, 276.8, 286.82381, 294.982796 ] }, { "date": "2024-03-01", "close": 290.0, "volume": 260476, "typical_volume": 163079.45, "trend": 306.066667, "fair_value": 266.939103, "relative_strength": 4.235983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.701697, "energy": 59.806869, "activity_lines": [ 272.333333, 277.8, 286.490476, 293.772043 ] }, { "date": "2024-03-08", "close": 291.0, "volume": 127933, "typical_volume": 167668.3, "trend": 303.7, "fair_value": 267.240385, "relative_strength": 3.955255, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.887452, "energy": 39.609164, "activity_lines": [ 279.0, 279.127273, 286.328571, 292.8 ] }, { "date": "2024-03-15", "close": 292.0, "volume": 170020, "typical_volume": 157752.3, "trend": 301.766667, "fair_value": 267.557692, "relative_strength": 2.479414, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.440326, "energy": 19.374605, "activity_lines": [ 284.8, 280.745455, 286.290476, 292.045161 ] }, { "date": "2024-03-22", "close": 274.0, "volume": 91327, "typical_volume": 151800.05, "trend": 299.4, "fair_value": 267.727564, "relative_strength": -6.930086, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.727747, "energy": 25.925676, "activity_lines": [ 283.266667, 279.272727, 284.671429, 290.253763 ] }, { "date": "2024-03-29", "close": 270.0, "volume": 121224, "typical_volume": 156021.75, "trend": 297.366667, "fair_value": 267.903846, "relative_strength": -9.047313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.670376, "energy": 23.555446, "activity_lines": [ 279.6, 277.581818, 282.809524, 288.356989 ] }, { "date": "2024-04-05", "close": 271.0, "volume": 167521, "typical_volume": 163451.05, "trend": 295.433333, "fair_value": 268.086538, "relative_strength": -8.82807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.897993, "energy": 35.166949, "activity_lines": [ 275.466667, 276.490909, 281.190476, 286.655914 ] }, { "date": "2024-04-12", "close": 266.0, "volume": 120300, "typical_volume": 164282.45, "trend": 293.366667, "fair_value": 268.253205, "relative_strength": -11.950833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.392679, "energy": 54.899688, "activity_lines": [ 270.933333, 274.8, 279.238095, 284.756989 ] }, { "date": "2024-04-19", "close": 262.0, "volume": 104704, "typical_volume": 168095.05, "trend": 291.133333, "fair_value": 268.403846, "relative_strength": -12.261403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.552428, "energy": 65.58683, "activity_lines": [ 266.733333, 272.509091, 277.071429, 282.733333 ] }, { "date": "2024-04-26", "close": 262.0, "volume": 89360, "typical_volume": 158693.25, "trend": 288.933333, "fair_value": 268.570513, "relative_strength": -14.918811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.732529, "energy": 66.346107, "activity_lines": [ 264.533333, 270.4, 275.052381, 280.853763 ] }, { "date": "2024-05-03", "close": 307.0, "volume": 542992, "typical_volume": 181767.15, "trend": 288.5, "fair_value": 269.0, "relative_strength": -1.546138, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.083866, "energy": 9.387312, "activity_lines": [ 278.133333, 276.472727, 277.52381, 282.019355 ] }, { "date": "2024-05-10", "close": 307.0, "volume": 76043, "typical_volume": 184500.65, "trend": 288.533333, "fair_value": 269.429487, "relative_strength": -4.441759, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.062183, "energy": 24.644417, "activity_lines": [ 289.266667, 281.654545, 279.952381, 283.212903 ] }, { "date": "2024-05-17", "close": 302.0, "volume": 109050, "typical_volume": 188991.75, "trend": 288.7, "fair_value": 269.762821, "relative_strength": -5.873517, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.358448, "energy": 34.007463, "activity_lines": [ 296.333333, 285.618182, 281.861905, 284.08172 ] }, { "date": "2024-05-24", "close": 295.0, "volume": 278880, "typical_volume": 175915.75, "trend": 287.866667, "fair_value": 270.035256, "relative_strength": -6.965603, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.669361, "energy": 35.046592, "activity_lines": [ 298.666667, 288.109091, 283.080952, 284.488172 ] }, { "date": "2024-05-31", "close": 311.0, "volume": 202401, "typical_volume": 172232.15, "trend": 288.133333, "fair_value": 270.346154, "relative_strength": -1.587518, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.233407, "energy": 60.33428, "activity_lines": [ 304.133333, 293.454545, 285.857143, 285.980645 ] }, { "date": "2024-06-07", "close": 304.0, "volume": 158225, "typical_volume": 177992.4, "trend": 288.233333, "fair_value": 270.554487, "relative_strength": -3.627228, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.353803, "energy": 54.119325, "activity_lines": [ 304.0, 296.854545, 287.92381, 287.004301 ] }, { "date": "2024-06-14", "close": 304.0, "volume": 187963, "typical_volume": 174347.35, "trend": 288.333333, "fair_value": 270.663462, "relative_strength": -2.641507, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.599047, "energy": 44.629571, "activity_lines": [ 304.066667, 299.636364, 289.938095, 288.021505 ] }, { "date": "2024-06-21", "close": 299.0, "volume": 68383, "typical_volume": 173618.4, "trend": 288.266667, "fair_value": 270.721154, "relative_strength": -5.483827, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.565109, "energy": 46.705613, "activity_lines": [ 302.666667, 300.909091, 291.4, 288.709677 ] }, { "date": "2024-07-05", "close": 308.0, "volume": 125964, "typical_volume": 162243.2, "trend": 288.766667, "fair_value": 270.86859, "relative_strength": -2.485524, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.44772, "energy": 40.349751, "activity_lines": [ 304.466667, 303.218182, 293.595238, 289.982796 ] }, { "date": "2024-07-12", "close": 307.0, "volume": 25566, "typical_volume": 153365.3, "trend": 288.833333, "fair_value": 271.009615, "relative_strength": -3.597715, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.10614, "energy": 37.932117, "activity_lines": [ 305.066667, 304.509091, 295.52381, 291.15914 ] }, { "date": "2024-07-19", "close": 306.0, "volume": 33869, "typical_volume": 153110.05, "trend": 289.1, "fair_value": 271.166667, "relative_strength": -3.030552, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.000179, "energy": 35.98408, "activity_lines": [ 305.6, 304.8, 297.142857, 292.266667 ] }, { "date": "2024-07-26", "close": 320.0, "volume": 360840, "typical_volume": 158128.25, "trend": 289.833333, "fair_value": 271.419872, "relative_strength": -0.517602, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.282284, "energy": 45.435459, "activity_lines": [ 310.666667, 307.654545, 299.866667, 294.260215 ] }, { "date": "2024-08-02", "close": 323.0, "volume": 101506, "typical_volume": 156806.9, "trend": 290.7, "fair_value": 271.503205, "relative_strength": 1.460975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.776296, "energy": 53.084206, "activity_lines": [ 315.666667, 310.818182, 302.733333, 296.4 ] }, { "date": "2024-08-09", "close": 315.0, "volume": 81246, "typical_volume": 152368.2, "trend": 291.133333, "fair_value": 271.567308, "relative_strength": -0.414511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.766373, "energy": 56.770118, "activity_lines": [ 316.4, 312.145455, 304.685714, 297.967742 ] }, { "date": "2024-08-16", "close": 311.0, "volume": 558467, "typical_volume": 175725.2, "trend": 291.433333, "fair_value": 271.621795, "relative_strength": -2.900905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.88619, "energy": 46.704157, "activity_lines": [ 315.333333, 312.381818, 306.147619, 299.249462 ] }, { "date": "2024-08-23", "close": 316.0, "volume": 103675, "typical_volume": 174847.75, "trend": 292.2, "fair_value": 271.641026, "relative_strength": -1.162067, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.95443, "energy": 37.792785, "activity_lines": [ 315.666667, 313.527273, 307.909524, 300.834409 ] }, { "date": "2024-08-30", "close": 326.0, "volume": 41986, "typical_volume": 168571.0, "trend": 293.466667, "fair_value": 271.474359, "relative_strength": 1.712564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.634565, "energy": 39.671354, "activity_lines": [ 318.666667, 316.272727, 310.404762, 303.015054 ] }, { "date": "2024-09-06", "close": 314.0, "volume": 94157, "typical_volume": 167263.85, "trend": 294.833333, "fair_value": 271.083333, "relative_strength": 0.588467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.526027, "energy": 31.860688, "activity_lines": [ 317.266667, 316.436364, 311.495238, 304.339785 ] }, { "date": "2024-09-13", "close": 317.0, "volume": 37577, "typical_volume": 163907.5, "trend": 296.333333, "fair_value": 270.762821, "relative_strength": 0.779947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.062311, "energy": 31.691768, "activity_lines": [ 317.466667, 316.872727, 312.642857, 305.769892 ] }, { "date": "2024-09-27", "close": 320.0, "volume": 361145, "typical_volume": 177496.75, "trend": 298.266667, "fair_value": 270.461538, "relative_strength": 1.470622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.787332, "energy": 30.491369, "activity_lines": [ 318.533333, 317.690909, 313.814286, 307.296774 ] }, { "date": "2024-10-04", "close": 326.0, "volume": 68876, "typical_volume": 153790.95, "trend": 300.533333, "fair_value": 270.211538, "relative_strength": 4.123685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.888797, "energy": 31.241848, "activity_lines": [ 321.0, 319.363636, 315.280952, 309.086022 ] }, { "date": "2024-10-11", "close": 284.0, "volume": 3999475, "typical_volume": 349962.55, "trend": 300.333333, "fair_value": 269.705128, "relative_strength": -8.555782, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 7.695134, "energy": 7.135767, "activity_lines": [ 308.8, 313.036364, 312.657143, 308.019355 ] }, { "date": "2024-10-18", "close": 238.0, "volume": 607089, "typical_volume": 374864.5, "trend": 298.566667, "fair_value": 268.903846, "relative_strength": -23.819178, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -42.65834, "energy": 45.385129, "activity_lines": [ 284.066667, 299.0, 305.761905, 303.997849 ] }, { "date": "2024-10-25", "close": 178.5, "volume": 2101814, "typical_volume": 466011.2, "trend": 294.783333, "fair_value": 267.721154, "relative_strength": -41.559177, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -61.838705, "energy": 78.504929, "activity_lines": [ 244.566667, 275.690909, 293.504762, 296.251613 ] }, { "date": "2024-11-01", "close": 174.0, "volume": 2445916, "typical_volume": 578186.95, "trend": 291.45, "fair_value": 266.586538, "relative_strength": -41.980736, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.264593, "energy": 95.000268, "activity_lines": [ 212.8, 254.045455, 281.37381, 288.45914 ] }, { "date": "2024-11-08", "close": 170.0, "volume": 753031, "typical_volume": 607927.25, "trend": 288.116667, "fair_value": 265.426282, "relative_strength": -41.93778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.507501, "energy": 93.30805, "activity_lines": [ 189.433333, 234.163636, 269.514286, 280.623656 ] }, { "date": "2024-11-15", "close": 162.0, "volume": 385458, "typical_volume": 617802.0, "trend": 284.483333, "fair_value": 264.246795, "relative_strength": -43.990745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.545807, "energy": 92.690758, "activity_lines": [ 173.8, 215.481818, 257.530952, 272.487097 ] }, { "date": "2024-11-22", "close": 164.5, "volume": 274844, "typical_volume": 628125.05, "trend": 281.1, "fair_value": 263.089744, "relative_strength": -43.870845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.094252, "energy": 89.893009, "activity_lines": [ 167.133333, 200.236364, 246.461905, 264.746237 ] }, { "date": "2024-11-29", "close": 176.5, "volume": 1581268, "typical_volume": 700890.25, "trend": 278.25, "fair_value": 262.016026, "relative_strength": -39.31475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.145606, "energy": 85.713767, "activity_lines": [ 169.366667, 189.890909, 237.17619, 257.997849 ] }, { "date": "2024-12-06", "close": 174.0, "volume": 99300, "typical_volume": 704576.95, "trend": 275.316667, "fair_value": 260.926282, "relative_strength": -39.694269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.313611, "energy": 66.217566, "activity_lines": [ 170.9, 181.645455, 228.278571, 251.272043 ] }, { "date": "2024-12-13", "close": 168.0, "volume": 344808, "typical_volume": 720123.9, "trend": 270.683333, "fair_value": 259.791667, "relative_strength": -41.106528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.880369, "energy": 65.281725, "activity_lines": [ 170.433333, 174.963636, 219.442857, 244.348387 ] }, { "date": "2024-12-20", "close": 162.5, "volume": 102312, "typical_volume": 707197.5, "trend": 265.866667, "fair_value": 258.557692, "relative_strength": -40.843652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.071387, "energy": 64.335965, "activity_lines": [ 168.266667, 170.154545, 210.740476, 237.368817 ] }, { "date": "2024-12-27", "close": 180.0, "volume": 461794, "typical_volume": 725211.9, "trend": 261.8, "fair_value": 257.384615, "relative_strength": -34.356444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.497909, "energy": 56.873027, "activity_lines": [ 171.9, 170.736364, 204.454762, 231.829032 ] }, { "date": "2025-01-03", "close": 182.0, "volume": 141058, "typical_volume": 728202.5, "trend": 258.033333, "fair_value": 256.153846, "relative_strength": -33.596508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.684907, "energy": 52.81407, "activity_lines": [ 175.166667, 172.736364, 199.040476, 226.680645 ] }, { "date": "2025-01-10", "close": 183.0, "volume": 329952, "typical_volume": 716776.75, "trend": 253.766667, "fair_value": 254.948718, "relative_strength": -32.801027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.187993, "energy": 49.371782, "activity_lines": [ 178.4, 174.854545, 194.354762, 221.839785 ] }, { "date": "2025-01-17", "close": 177.5, "volume": 382690, "typical_volume": 730727.5, "trend": 249.55, "fair_value": 253.599359, "relative_strength": -36.102895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.797236, "energy": 46.686946, "activity_lines": [ 179.2, 175.809091, 189.754762, 216.919355 ] }, { "date": "2025-01-24", "close": 162.5, "volume": 429468, "typical_volume": 750101.6, "trend": 244.833333, "fair_value": 252.051282, "relative_strength": -40.768628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.98329, "energy": 72.112728, "activity_lines": [ 174.366667, 173.9, 184.385714, 211.303226 ] }, { "date": "2025-01-31", "close": 159.0, "volume": 826022, "typical_volume": 786694.85, "trend": 240.166667, "fair_value": 250.538462, "relative_strength": -42.47315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.153597, "energy": 87.766159, "activity_lines": [ 168.366667, 171.345455, 179.461905, 205.765591 ] }, { "date": "2025-02-07", "close": 169.0, "volume": 1613656, "typical_volume": 865498.8, "trend": 235.533333, "fair_value": 249.24359, "relative_strength": -38.360714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.71011, "energy": 80.748416, "activity_lines": [ 167.1, 170.709091, 176.228571, 201.174194 ] }, { "date": "2025-02-14", "close": 162.5, "volume": 956846, "typical_volume": 895283.85, "trend": 230.716667, "fair_value": 248.009615, "relative_strength": -40.320796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.722962, "energy": 73.838145, "activity_lines": [ 164.533333, 169.027273, 173.080952, 196.462366 ] }, { "date": "2025-02-21", "close": 151.0, "volume": 412354, "typical_volume": 912457.75, "trend": 225.55, "fair_value": 246.637821, "relative_strength": -43.431327, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.073993, "energy": 69.325469, "activity_lines": [ 159.5, 165.463636, 169.588095, 191.319355 ] }, { "date": "2025-02-28", "close": 151.5, "volume": 574457, "typical_volume": 741206.85, "trend": 219.933333, "fair_value": 245.230769, "relative_strength": -43.622225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.786813, "energy": 68.142253, "activity_lines": [ 156.4, 162.3, 166.97619, 186.541935 ] }, { "date": "2025-03-07", "close": 150.5, "volume": 132859, "typical_volume": 717495.35, "trend": 214.183333, "fair_value": 243.798077, "relative_strength": -42.572481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.006018, "energy": 67.706792, "activity_lines": [ 153.7, 159.154545, 164.9, 182.062366 ] }, { "date": "2025-03-14", "close": 140.0, "volume": 64123, "typical_volume": 615610.8, "trend": 208.35, "fair_value": 242.298077, "relative_strength": -45.537623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.794965, "energy": 71.362945, "activity_lines": [ 148.066667, 154.636364, 162.240476, 177.276344 ] }, { "date": "2025-03-21", "close": 132.5, "volume": 188798, "typical_volume": 502754.9, "trend": 202.4, "fair_value": 240.75, "relative_strength": -47.777228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.063328, "energy": 77.289046, "activity_lines": [ 141.866667, 149.518182, 159.05, 172.382796 ] }, { "date": "2025-03-28", "close": 132.0, "volume": 344197, "typical_volume": 482313.2, "trend": 196.266667, "fair_value": 239.198718, "relative_strength": -47.267912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.530417, "energy": 81.968514, "activity_lines": [ 137.5, 145.227273, 156.009524, 167.84086 ] }, { "date": "2025-04-04", "close": 135.0, "volume": 562705, "typical_volume": 491175.55, "trend": 189.9, "fair_value": 237.74359, "relative_strength": -41.331936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.705645, "energy": 71.134548, "activity_lines": [ 135.4, 142.309091, 153.435714, 163.888172 ] }, { "date": "2025-04-11", "close": 124.0, "volume": 106272, "typical_volume": 482746.95, "trend": 183.566667, "fair_value": 236.230769, "relative_strength": -44.815064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.502596, "energy": 71.631786, "activity_lines": [ 130.733333, 137.890909, 149.942857, 159.636559 ] }, { "date": "2025-04-25", "close": 152.5, "volume": 632439, "typical_volume": 435305.5, "trend": 178.083333, "fair_value": 234.900641, "relative_strength": -35.055321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.550369, "energy": 52.784697, "activity_lines": [ 137.333333, 139.290909, 149.357143, 157.632258 ] }, { "date": "2025-05-02", "close": 141.0, "volume": 584471, "typical_volume": 459564.05, "trend": 172.116667, "fair_value": 233.586538, "relative_strength": -40.526487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.527046, "energy": 42.038889, "activity_lines": [ 139.266667, 138.9, 147.790476, 155.239785 ] }, { "date": "2025-05-09", "close": 132.0, "volume": 590763, "typical_volume": 471861.8, "trend": 165.65, "fair_value": 232.253205, "relative_strength": -43.350696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.418673, "energy": 42.094358, "activity_lines": [ 137.633333, 137.263636, 145.52381, 152.651613 ] }, { "date": "2025-05-16", "close": 133.5, "volume": 581006, "typical_volume": 495796.5, "trend": 160.633333, "fair_value": 231.064103, "relative_strength": -42.885168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.932911, "energy": 33.313286, "activity_lines": [ 136.5, 136.245455, 143.571429, 150.577419 ] }, { "date": "2025-05-30", "close": 175.0, "volume": 391843, "typical_volume": 492298.95, "trend": 158.533333, "fair_value": 230.083333, "relative_strength": -24.945058, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.837939, "energy": 9.716505, "activity_lines": [ 149.3, 143.1, 145.709524, 151.504301 ] }, { "date": "2025-06-06", "close": 180.0, "volume": 329146, "typical_volume": 501703.35, "trend": 158.583333, "fair_value": 229.115385, "relative_strength": -22.473366, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.775473, "energy": 32.379141, "activity_lines": [ 160.366667, 150.418182, 148.347619, 152.889247 ] }, { "date": "2025-06-20", "close": 172.0, "volume": 142936, "typical_volume": 492352.55, "trend": 158.516667, "fair_value": 228.166667, "relative_strength": -24.486393, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.870938, "energy": 37.719071, "activity_lines": [ 166.933333, 155.554545, 150.233333, 153.754839 ] }, { "date": "2025-06-27", "close": 186.25, "volume": 939420, "typical_volume": 520189.05, "trend": 159.058333, "fair_value": 227.309295, "relative_strength": -17.581962, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.569064, "energy": 56.375559, "activity_lines": [ 176.183333, 162.563636, 153.528571, 155.544086 ] }, { "date": "2025-07-04", "close": 193.0, "volume": 305280, "typical_volume": 513979.65, "trend": 160.091667, "fair_value": 226.642628, "relative_strength": -13.813722, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.075812, "energy": 68.846468, "activity_lines": [ 184.066667, 169.813636, 157.425, 157.733871 ] }, { "date": "2025-07-11", "close": 190.0, "volume": 155360, "typical_volume": 480446.55, "trend": 160.941667, "fair_value": 226.206731, "relative_strength": -15.272375, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.137136, "energy": 69.215531, "activity_lines": [ 186.983333, 175.463636, 160.890476, 159.663441 ] }, { "date": "2025-07-18", "close": 189.5, "volume": 112362, "typical_volume": 405381.85, "trend": 161.375, "fair_value": 225.690705, "relative_strength": -14.915082, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.978618, "energy": 74.955487, "activity_lines": [ 188.733333, 179.822727, 164.160714, 161.505914 ] }, { "date": "2025-07-25", "close": 181.0, "volume": 82934, "typical_volume": 361686.25, "trend": 161.608333, "fair_value": 225.293269, "relative_strength": -18.837238, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.995438, "energy": 58.60122, "activity_lines": [ 187.016667, 181.963636, 166.52381, 162.772043 ] }, { "date": "2025-08-01", "close": 159.0, "volume": 629592, "typical_volume": 372548.15, "trend": 161.308333, "fair_value": 224.748397, "relative_strength": -27.149376, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.099818, "energy": 29.187186, "activity_lines": [ 177.366667, 179.377273, 166.703571, 162.603763 ] }, { "date": "2025-08-08", "close": 156.0, "volume": 246680, "typical_volume": 356159.3, "trend": 161.091667, "fair_value": 224.235577, "relative_strength": -27.576702, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.764204, "energy": 20.547619, "activity_lines": [ 168.533333, 175.754545, 166.559524, 162.26129 ] }, { "date": "2025-08-15", "close": 156.0, "volume": 64136, "typical_volume": 352723.15, "trend": 160.291667, "fair_value": 223.754808, "relative_strength": -26.701828, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.15395, "energy": 24.124479, "activity_lines": [ 162.166667, 171.722727, 166.394048, 161.932796 ] }, { "date": "2025-08-22", "close": 158.5, "volume": 108987, "typical_volume": 354966.35, "trend": 159.508333, "fair_value": 223.395833, "relative_strength": -25.658209, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.459041, "energy": 24.43237, "activity_lines": [ 158.9, 168.490909, 166.440476, 161.817204 ] }, { "date": "2025-08-29", "close": 157.5, "volume": 67039, "typical_volume": 348878.4, "trend": 158.658333, "fair_value": 223.129808, "relative_strength": -23.612327, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.041549, "energy": 26.764576, "activity_lines": [ 157.366667, 165.468182, 166.303571, 161.687634 ] }, { "date": "2025-09-05", "close": 152.0, "volume": 781429, "typical_volume": 370740.0, "trend": 157.808333, "fair_value": 222.841346, "relative_strength": -25.03015, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.630581, "energy": 32.396645, "activity_lines": [ 155.566667, 161.709091, 165.52381, 161.258065 ] }, { "date": "2025-09-12", "close": 153.0, "volume": 911240, "typical_volume": 388166.75, "trend": 157.491667, "fair_value": 222.668269, "relative_strength": -23.753103, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.810113, "energy": 39.620031, "activity_lines": [ 154.566667, 158.754545, 164.744048, 160.947849 ] }, { "date": "2025-09-19", "close": 151.5, "volume": 257557, "typical_volume": 395731.0, "trend": 157.241667, "fair_value": 222.475962, "relative_strength": -22.471579, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.131291, "energy": 44.253014, "activity_lines": [ 153.266667, 156.254545, 163.735714, 160.56129 ] }, { "date": "2025-09-26", "close": 140.5, "volume": 999422, "typical_volume": 414080.15, "trend": 156.291667, "fair_value": 222.216346, "relative_strength": -27.054303, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.122603, "energy": 62.00366, "activity_lines": [ 148.6, 152.454545, 161.54881, 159.481183 ] }, { "date": "2025-10-03", "close": 145.0, "volume": 142240, "typical_volume": 391968.6, "trend": 155.708333, "fair_value": 222.046474, "relative_strength": -24.744156, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.723196, "energy": 57.228574, "activity_lines": [ 146.633333, 150.363636, 159.847619, 158.752688 ] }, { "date": "2025-10-10", "close": 143.5, "volume": 1703200, "typical_volume": 447590.45, "trend": 155.458333, "fair_value": 221.873397, "relative_strength": -23.341452, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.624458, "energy": 58.861114, "activity_lines": [ 145.0, 148.654545, 157.984524, 157.965054 ] }, { "date": "2025-10-17", "close": 136.0, "volume": 239081, "typical_volume": 430494.2, "trend": 154.941667, "fair_value": 221.847756, "relative_strength": -25.045407, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.463156, "energy": 69.767593, "activity_lines": [ 141.433333, 145.863636, 155.352381, 156.709677 ] }, { "date": "2025-10-24", "close": 129.0, "volume": 243701, "typical_volume": 423087.1, "trend": 154.225, "fair_value": 221.809295, "relative_strength": -29.22415, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.421315, "energy": 72.611679, "activity_lines": [ 136.666667, 142.163636, 152.041667, 155.036022 ] }, { "date": "2025-11-07", "close": 127.5, "volume": 66108, "typical_volume": 409935.2, "trend": 153.808333, "fair_value": 221.809295, "relative_strength": -28.774767, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.186996, "energy": 90.498861, "activity_lines": [ 132.9, 138.681818, 148.807143, 153.311828 ] }, { "date": "2025-11-14", "close": 126.5, "volume": 145708, "typical_volume": 410073.8, "trend": 153.608333, "fair_value": 221.809295, "relative_strength": -28.297598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.851217, "energy": 90.384314, "activity_lines": [ 129.666667, 135.581818, 145.727381, 151.55 ] }, { "date": "2025-11-21", "close": 124.0, "volume": 93891, "typical_volume": 367797.35, "trend": 153.341667, "fair_value": 221.793269, "relative_strength": -27.886627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.403743, "energy": 89.245841, "activity_lines": [ 126.833333, 132.590909, 142.62619, 149.639785 ] }, { "date": "2025-11-28", "close": 122.5, "volume": 161886, "typical_volume": 360627.65, "trend": 152.925, "fair_value": 221.745192, "relative_strength": -29.430783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.819466, "energy": 87.214035, "activity_lines": [ 124.8, 129.836364, 139.678571, 147.65 ] }, { "date": "2025-12-05", "close": 122.5, "volume": 401080, "typical_volume": 372913.65, "trend": 152.875, "fair_value": 221.6875, "relative_strength": -28.393468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.391347, "energy": 73.563835, "activity_lines": [ 123.666667, 127.636364, 137.066667, 145.687097 ] }, { "date": "2025-12-12", "close": 120.0, "volume": 127160, "typical_volume": 373653.55, "trend": 151.791667, "fair_value": 221.671474, "relative_strength": -29.134566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.86243, "energy": 67.280836, "activity_lines": [ 122.133333, 125.509091, 134.538095, 143.566129 ] }, { "date": "2025-12-19", "close": 115.5, "volume": 280636, "typical_volume": 383538.65, "trend": 150.941667, "fair_value": 221.674679, "relative_strength": -32.897946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.558578, "energy": 68.594419, "activity_lines": [ 119.6, 122.936364, 131.911905, 141.224731 ] }, { "date": "2025-12-26", "close": 115.0, "volume": 55059, "typical_volume": 354812.0, "trend": 150.375, "fair_value": 221.674679, "relative_strength": -32.285358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.541898, "energy": 66.793458, "activity_lines": [ 117.633333, 120.809091, 129.55, 138.905914 ] }, { "date": "2026-01-02", "close": 115.0, "volume": 16883, "typical_volume": 343322.15, "trend": 149.758333, "fair_value": 221.690705, "relative_strength": -32.120368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.724224, "energy": 66.995808, "activity_lines": [ 116.266667, 119.2, 127.397619, 136.623656 ] }, { "date": "2026-01-09", "close": 114.0, "volume": 97037, "typical_volume": 344967.2, "trend": 147.725, "fair_value": 221.700321, "relative_strength": -33.185964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.961016, "energy": 66.001912, "activity_lines": [ 115.066667, 117.790909, 125.345238, 134.316667 ] }, { "date": "2026-01-16", "close": 108.0, "volume": 112417, "typical_volume": 345138.7, "trend": 145.325, "fair_value": 221.665064, "relative_strength": -36.697354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.155797, "energy": 68.005617, "activity_lines": [ 112.433333, 115.563636, 122.921429, 131.753763 ] }, { "date": "2026-01-23", "close": 114.5, "volume": 3599548, "typical_volume": 521764.15, "trend": 143.408333, "fair_value": 221.69391, "relative_strength": -31.425121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.408816, "energy": 57.022306, "activity_lines": [ 112.766667, 114.872727, 121.357143, 129.765054 ] }, { "date": "2026-01-30", "close": 136.0, "volume": 685169, "typical_volume": 516951.15, "trend": 141.733333, "fair_value": 221.761218, "relative_strength": -18.344662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.973602, "energy": 26.839686, "activity_lines": [ 120.333333, 118.309091, 122.045238, 129.287097 ] }, { "date": "2026-02-06", "close": 133.5, "volume": 209626, "typical_volume": 481870.45, "trend": 139.75, "fair_value": 221.745192, "relative_strength": -20.098227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.336199, "energy": 17.790794, "activity_lines": [ 125.666667, 121.072727, 122.571429, 128.755914 ] }, { "date": "2026-02-13", "close": 124.0, "volume": 697562, "typical_volume": 503870.7, "trend": 137.55, "fair_value": 221.668269, "relative_strength": -25.5284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.213968, "energy": 23.50421, "activity_lines": [ 126.6, 121.909091, 122.285714, 127.739785 ] }, { "date": "2026-02-20", "close": 123.0, "volume": 115705, "typical_volume": 459684.85, "trend": 135.333333, "fair_value": 221.581731, "relative_strength": -27.122888, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.371738, "energy": 20.372668, "activity_lines": [ 126.533333, 122.536364, 122.035714, 126.801075 ] }, { "date": "2026-02-27", "close": 120.0, "volume": 208975, "typical_volume": 463021.6, "trend": 133.3, "fair_value": 221.459936, "relative_strength": -29.730747, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.158934, "energy": 13.653902, "activity_lines": [ 124.466667, 122.563636, 121.583333, 125.811828 ] }, { "date": "2026-03-06", "close": 117.5, "volume": 95015, "typical_volume": 382612.35, "trend": 131.916667, "fair_value": 221.31891, "relative_strength": -26.283555, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.252784, "energy": 23.696325, "activity_lines": [ 121.2, 122.054545, 121.011905, 124.792473 ] }, { "date": "2026-03-13", "close": 107.5, "volume": 199941, "typical_volume": 380655.35, "trend": 130.3, "fair_value": 221.113782, "relative_strength": -31.713105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.906473, "energy": 44.315171, "activity_lines": [ 115.833333, 119.681818, 119.611905, 123.217204 ] }, { "date": "2026-03-20", "close": 105.5, "volume": 174767, "typical_volume": 377208.65, "trend": 128.616667, "fair_value": 220.764423, "relative_strength": -30.070499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.695982, "energy": 65.913121, "activity_lines": [ 111.533333, 117.081818, 118.157143, 121.617204 ] }, { "date": "2026-03-27", "close": 107.5, "volume": 551859, "typical_volume": 401496.2, "trend": 126.916667, "fair_value": 220.450321, "relative_strength": -28.516367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.635351, "energy": 65.659606, "activity_lines": [ 109.133333, 115.0, 117.004762, 120.254839 ] }, { "date": "2026-04-03", "close": 107.0, "volume": 439380, "typical_volume": 416179.8, "trend": 125.233333, "fair_value": 220.001603, "relative_strength": -31.426277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.338296, "energy": 66.496207, "activity_lines": [ 107.6, 112.836364, 115.9, 118.969892 ] }, { "date": "2026-04-10", "close": 124.5, "volume": 828272, "typical_volume": 452898.85, "trend": 124.316667, "fair_value": 219.748397, "relative_strength": -20.992271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.336923, "energy": 28.297436, "activity_lines": [ 112.766667, 113.990909, 116.554762, 118.922581 ] }, { "date": "2026-04-17", "close": 140.0, "volume": 504112, "typical_volume": 470010.15, "trend": 123.883333, "fair_value": 219.594551, "relative_strength": -11.462847, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.785893, "energy": 9.699217, "activity_lines": [ 122.633333, 118.172727, 118.683333, 119.934409 ] }, { "date": "2026-04-24", "close": 135.0, "volume": 462283, "typical_volume": 473070.3, "trend": 123.333333, "fair_value": 219.411859, "relative_strength": -11.996317, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.348127, "energy": 29.160611, "activity_lines": [ 128.666667, 121.327273, 120.252381, 120.651613 ] }, { "date": "2026-05-01", "close": 128.5, "volume": 257659, "typical_volume": 479595.25, "trend": 122.933333, "fair_value": 219.123397, "relative_strength": -15.63196, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.64832, "energy": 36.514442, "activity_lines": [ 130.566667, 123.1, 121.142857, 120.984946 ] }, { "date": "2026-05-08", "close": 135.0, "volume": 241261, "typical_volume": 477626.5, "trend": 122.6, "fair_value": 218.81891, "relative_strength": -9.951249, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.405313, "energy": 55.925605, "activity_lines": [ 133.233333, 125.954545, 122.611905, 121.763441 ] }, { "date": "2026-05-15", "close": 138.0, "volume": 130795, "typical_volume": 481413.3, "trend": 122.416667, "fair_value": 218.604167, "relative_strength": -7.050227, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.993697, "energy": 69.522863, "activity_lines": [ 135.033333, 129.081818, 124.27381, 122.756989 ] }, { "date": "2026-05-22", "close": 173.5, "volume": 915317, "typical_volume": 526335.0, "trend": 123.666667, "fair_value": 218.610577, "relative_strength": 13.809784, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.679487, "energy": 82.74153, "activity_lines": [ 147.766667, 138.290909, 129.207143, 126.052688 ] }, { "date": "2026-05-29", "close": 171.5, "volume": 312925, "typical_volume": 537129.4, "trend": 125.083333, "fair_value": 218.235577, "relative_strength": 12.957924, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.108872, "energy": 87.750764, "activity_lines": [ 157.6, 145.936364, 133.671429, 129.13871 ] }, { "date": "2026-06-05", "close": 158.0, "volume": 36547, "typical_volume": 533335.9, "trend": 126.1, "fair_value": 217.751603, "relative_strength": 4.498047, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.186058, "energy": 80.450296, "activity_lines": [ 160.5, 149.927273, 136.57619, 131.262366 ] }, { "date": "2026-06-12", "close": 162.5, "volume": 64706, "typical_volume": 356593.8, "trend": 127.3, "fair_value": 217.302885, "relative_strength": 7.036393, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.672177, "energy": 81.86973, "activity_lines": [ 162.933333, 153.818182, 139.671429, 133.610753 ] }, { "date": "2026-06-19", "close": 155.0, "volume": 51853, "typical_volume": 324928.0, "trend": 128.333333, "fair_value": 216.822115, "relative_strength": 3.909878, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.327704, "energy": 64.718814, "activity_lines": [ 161.033333, 155.336364, 141.82381, 135.397849 ] }, { "date": "2026-06-26", "close": 157.0, "volume": 48597, "typical_volume": 316876.55, "trend": 129.483333, "fair_value": 216.046474, "relative_strength": 4.451724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.037446, "energy": 47.168873, "activity_lines": [ 158.666667, 156.663636, 144.07619, 137.247312 ] }, { "date": "2026-07-03", "close": 161.0, "volume": 367130, "typical_volume": 300354.95, "trend": 130.766667, "fair_value": 215.328526, "relative_strength": 6.267967, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.458608, "energy": 44.773086, "activity_lines": [ 158.733333, 158.409091, 146.597619, 139.280645 ] }, { "date": "2026-07-10", "close": 166.5, "volume": 429352, "typical_volume": 316037.3, "trend": 132.316667, "fair_value": 214.690705, "relative_strength": 12.719337, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.612688, "energy": 47.240347, "activity_lines": [ 161.333333, 160.681818, 149.466667, 141.586022 ] }, { "date": "2026-07-17", "close": 158.0, "volume": 181002, "typical_volume": 314638.65, "trend": 133.733333, "fair_value": 214.049679, "relative_strength": 6.851108, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.606809, "energy": 40.571787, "activity_lines": [ 160.533333, 160.718182, 151.319048, 143.243011 ] }, { "date": "2026-07-24", "close": 156.5, "volume": 141054, "typical_volume": 316940.6, "trend": 135.116667, "fair_value": 213.379808, "relative_strength": 5.442452, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.73747, "energy": 38.994653, "activity_lines": [ 159.533333, 160.063636, 152.847619, 144.711828 ] }, { "date": "2026-07-31", "close": 148.0, "volume": 463689, "typical_volume": 330128.0, "trend": 136.216667, "fair_value": 212.745192, "relative_strength": -0.633773, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.89152, "energy": 27.960172, "activity_lines": [ 155.6, 157.527273, 153.380952, 145.543011 ] }, { "date": "2026-08-07", "close": 150.5, "volume": 212776, "typical_volume": 332028.45, "trend": 137.433333, "fair_value": 212.126603, "relative_strength": 1.268453, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.425733, "energy": 20.855804, "activity_lines": [ 153.1, 155.909091, 153.959524, 146.464516 ] } ], "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." } } }