{ "ticker": { "uuid": "25703bfe-9bf0-41c6-b846-1857e1b184bb", "symbol": "MRCY", "name": "Mercury Systems Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 31.027, "architecture_energy": 22.268, "architecture_maturity": 70.531, "architecture_confidence": 91.22, "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": 41.25, "rotation_up": 25.53, "upward_expansion": 56.52, "deceleration": 88.15, "rotation_down": 37.91, "downward_expansion": 22.52 }, "activity_lines": [ 102.77, 106.710364, 103.995857, 98.934581 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 108.64, "trend_reference": 94.386, "distance_from_trend": 0.151018, "trend_direction": "Improving", "fair_value": 54.068718, "distance_from_fair_value": 1.009295, "fair_value_direction": "Improving", "relative_strength": 11.914639, "relative_strength_direction": "Improving", "price_momentum": 0.321655, "excess_performance": 0.134201, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.151018, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.142974, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.009295, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.136697, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.119146, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.061933, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.321655, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.881148, "read": "Supply-led" } ], "volume": { "latest": 2937309, "relative_activity": 0.954912, "balance": 0.881148, "dry_up": 1.0256, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.136984, "annualized_volatility": 0.573624, "from_high_reference": -0.154223, "from_low_reference": 1.062439 }, "levels": { "trend_reference": 94.386, "fair_value_reference": 54.068718, "structural_low": 69.06, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.029575, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.025539, "regime_survival": 0.636364, "best_return": 0.254934, "worst_return": -0.198023, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.162456, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.048772, "regime_survival": 0.2, "best_return": 0.254633, "worst_return": -0.167599, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.298941, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.132924, "regime_survival": 0.0, "best_return": 0.390145, "worst_return": -0.119555, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.52201, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.38927, "regime_survival": 0.0, "best_return": 1.189565, "worst_return": -0.145546, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-17", "end": "2023-12-22", "tenure": "Developing", "return": 0.070968, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-29", "end": "2024-01-12", "tenure": "New", "return": -0.116215, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-19", "end": "2024-05-24", "tenure": "Established", "return": 0.007431, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-07-26", "tenure": "Developing", "return": 0.141842, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-10-11", "tenure": "Developing", "return": 0.074822, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-11-15", "tenure": "Developing", "return": 0.13971, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-11-07", "tenure": "Extended", "return": 0.809233, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-09", "tenure": "Developing", "return": 0.319407, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-02-20", "tenure": "Developing", "return": -0.149388, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-04-03", "tenure": "Developing", "return": -0.166348, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": 0.055905, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-22", "tenure": "Developing", "return": 0.263624, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-07-17", "tenure": "Developing", "return": -0.139839, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.052, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 37.53, "volume": 20061940, "typical_volume": 3230513.35, "trend": 44.008333, "fair_value": 57.323013, "relative_strength": -29.459197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.456907, "energy": 30.526249, "activity_lines": [ 36.876667, 36.234909, 37.774381, 40.348774 ] }, { "date": "2023-08-25", "close": 39.32, "volume": 3253262, "typical_volume": 3353230.9, "trend": 43.634333, "fair_value": 57.094295, "relative_strength": -26.802692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.512797, "energy": 22.28379, "activity_lines": [ 37.712667, 36.831091, 37.695476, 40.046301 ] }, { "date": "2023-09-01", "close": 38.95, "volume": 2631762, "typical_volume": 3425998.15, "trend": 43.091, "fair_value": 56.888974, "relative_strength": -29.590821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.235489, "energy": 18.331212, "activity_lines": [ 38.224, 37.348, 37.638381, 39.744086 ] }, { "date": "2023-09-08", "close": 36.31, "volume": 2512374, "typical_volume": 3484589.5, "trend": 42.497667, "fair_value": 56.694487, "relative_strength": -32.970767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.807511, "energy": 20.344858, "activity_lines": [ 37.711333, 37.310727, 37.381952, 39.306602 ] }, { "date": "2023-09-15", "close": 37.93, "volume": 5486676, "typical_volume": 3707494.1, "trend": 41.963333, "fair_value": 56.455128, "relative_strength": -29.087138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.773549, "energy": 13.895374, "activity_lines": [ 37.860667, 37.536727, 37.333905, 39.011914 ] }, { "date": "2023-09-22", "close": 37.84, "volume": 2615734, "typical_volume": 3594904.35, "trend": 41.437333, "fair_value": 56.19859, "relative_strength": -26.293158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.024409, "energy": 13.792589, "activity_lines": [ 37.804667, 37.672182, 37.323667, 38.745892 ] }, { "date": "2023-09-29", "close": 37.09, "volume": 2155620, "typical_volume": 3621913.45, "trend": 40.886333, "fair_value": 55.942115, "relative_strength": -27.345235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.086211, "energy": 22.529, "activity_lines": [ 37.478, 37.608364, 37.252952, 38.465419 ] }, { "date": "2023-10-06", "close": 36.31, "volume": 2215344, "typical_volume": 3666209.8, "trend": 40.435, "fair_value": 55.671603, "relative_strength": -29.49636, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.071672, "energy": 24.335462, "activity_lines": [ 37.04, 37.388364, 37.127238, 38.170172 ] }, { "date": "2023-10-13", "close": 38.63, "volume": 2339245, "typical_volume": 3726282.25, "trend": 40.182333, "fair_value": 55.41859, "relative_strength": -24.539586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.822877, "energy": 15.519264, "activity_lines": [ 37.551333, 37.598909, 37.246714, 38.05372 ] }, { "date": "2023-10-20", "close": 37.26, "volume": 1719511, "typical_volume": 3762117.05, "trend": 39.791, "fair_value": 55.1625, "relative_strength": -24.340253, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.561559, "energy": 16.645967, "activity_lines": [ 37.451333, 37.551455, 37.23981, 37.865183 ] }, { "date": "2023-10-27", "close": 35.82, "volume": 1523796, "typical_volume": 3783739.15, "trend": 39.281, "fair_value": 54.950577, "relative_strength": -24.553968, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.375131, "energy": 22.636378, "activity_lines": [ 36.916, 37.206545, 37.113714, 37.608989 ] }, { "date": "2023-11-03", "close": 37.22, "volume": 1506794, "typical_volume": 3620588.2, "trend": 38.811667, "fair_value": 54.741538, "relative_strength": -25.531361, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.41498, "energy": 18.488425, "activity_lines": [ 36.982, 37.147273, 37.154333, 37.476022 ] }, { "date": "2023-11-10", "close": 32.36, "volume": 3726408, "typical_volume": 3676720.5, "trend": 38.227333, "fair_value": 54.506218, "relative_strength": -36.246456, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.740413, "energy": 49.61485, "activity_lines": [ 35.419333, 36.242545, 36.738952, 37.059785 ] }, { "date": "2023-11-17", "close": 34.1, "volume": 2526705, "typical_volume": 3258000.65, "trend": 37.775, "fair_value": 54.280833, "relative_strength": -33.320788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.323288, "energy": 56.890124, "activity_lines": [ 34.7, 35.774, 36.501238, 36.793505 ] }, { "date": "2023-11-24", "close": 34.33, "volume": 812870, "typical_volume": 3160299.15, "trend": 37.330333, "fair_value": 54.046667, "relative_strength": -32.641008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.451089, "energy": 58.674871, "activity_lines": [ 34.359333, 35.387455, 36.287762, 36.571247 ] }, { "date": "2023-12-01", "close": 35.19, "volume": 2103345, "typical_volume": 3172902.2, "trend": 37.165333, "fair_value": 53.796667, "relative_strength": -30.06195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.643489, "energy": 57.070918, "activity_lines": [ 34.500667, 35.222727, 36.153905, 36.433161 ] }, { "date": "2023-12-08", "close": 36.28, "volume": 1333359, "typical_volume": 3160726.35, "trend": 37.003333, "fair_value": 53.514103, "relative_strength": -27.48292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.03215, "energy": 28.97021, "activity_lines": [ 35.047333, 35.304364, 36.12, 36.376043 ] }, { "date": "2023-12-15", "close": 37.46, "volume": 3761526, "typical_volume": 3279860.1, "trend": 36.872, "fair_value": 53.222179, "relative_strength": -26.798091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.880302, "energy": 12.018146, "activity_lines": [ 36.05, 35.615273, 36.198571, 36.405505 ] }, { "date": "2023-12-22", "close": 36.52, "volume": 1698270, "typical_volume": 3275039.4, "trend": 36.773, "fair_value": 52.900897, "relative_strength": -28.498826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.574072, "energy": 16.611905, "activity_lines": [ 36.399333, 35.734364, 36.184429, 36.382796 ] }, { "date": "2023-12-29", "close": 36.57, "volume": 1090849, "typical_volume": 3253769.5, "trend": 36.624333, "fair_value": 52.570833, "relative_strength": -27.750773, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.161291, "energy": 17.751072, "activity_lines": [ 36.604, 35.900909, 36.182762, 36.369699 ] }, { "date": "2024-01-05", "close": 33.42, "volume": 1774835, "typical_volume": 2339414.25, "trend": 36.310667, "fair_value": 52.273333, "relative_strength": -30.845596, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.256676, "energy": 18.363761, "activity_lines": [ 35.609333, 35.507273, 35.875048, 36.162968 ] }, { "date": "2024-01-12", "close": 32.32, "volume": 3028795, "typical_volume": 2328190.9, "trend": 36.099333, "fair_value": 51.978141, "relative_strength": -34.27235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.848101, "energy": 46.486095, "activity_lines": [ 34.366, 34.957273, 35.482143, 35.905505 ] }, { "date": "2024-01-19", "close": 30.95, "volume": 1927644, "typical_volume": 2292985.0, "trend": 35.968667, "fair_value": 51.667308, "relative_strength": -37.807471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.74974, "energy": 66.895967, "activity_lines": [ 32.93, 34.247273, 34.992095, 35.57329 ] }, { "date": "2024-01-26", "close": 30.59, "volume": 1806520, "typical_volume": 2257692.3, "trend": 35.835333, "fair_value": 51.407885, "relative_strength": -37.905821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.285944, "energy": 74.378508, "activity_lines": [ 31.808, 33.497455, 34.505857, 35.22628 ] }, { "date": "2024-02-02", "close": 30.55, "volume": 2230341, "typical_volume": 2094875.55, "trend": 35.725333, "fair_value": 51.123462, "relative_strength": -37.598064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.819057, "energy": 76.785112, "activity_lines": [ 31.068, 32.804182, 34.043048, 34.88529 ] }, { "date": "2024-02-09", "close": 29.3, "volume": 8655731, "typical_volume": 2396875.4, "trend": 35.556, "fair_value": 50.830833, "relative_strength": -40.093846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.233216, "energy": 80.313125, "activity_lines": [ 30.312667, 31.952364, 33.496333, 34.470753 ] }, { "date": "2024-02-16", "close": 29.13, "volume": 3445346, "typical_volume": 2461361.7, "trend": 35.317, "fair_value": 50.563462, "relative_strength": -38.350545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.432146, "energy": 78.400667, "activity_lines": [ 29.775333, 31.176727, 32.974095, 34.056172 ] }, { "date": "2024-02-23", "close": 28.33, "volume": 1663658, "typical_volume": 2433777.4, "trend": 35.035, "fair_value": 50.32609, "relative_strength": -39.625084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.155145, "energy": 76.144298, "activity_lines": [ 29.184, 30.385636, 32.413571, 33.605398 ] }, { "date": "2024-03-01", "close": 29.73, "volume": 3111221, "typical_volume": 2472376.2, "trend": 34.754667, "fair_value": 50.115769, "relative_strength": -36.609736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.399578, "energy": 61.734543, "activity_lines": [ 29.234, 30.015091, 32.024381, 33.26314 ] }, { "date": "2024-03-08", "close": 31.08, "volume": 2294647, "typical_volume": 2501133.0, "trend": 34.614, "fair_value": 49.890321, "relative_strength": -31.444338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.00541, "energy": 46.122589, "activity_lines": [ 29.791333, 30.013455, 31.806143, 33.026065 ] }, { "date": "2024-03-15", "close": 28.75, "volume": 2553306, "typical_volume": 2552608.5, "trend": 34.321333, "fair_value": 49.64109, "relative_strength": -34.792703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.200182, "energy": 46.234069, "activity_lines": [ 29.536667, 29.688, 31.395429, 32.647742 ] }, { "date": "2024-03-22", "close": 27.53, "volume": 2314941, "typical_volume": 2593015.85, "trend": 33.928333, "fair_value": 49.381859, "relative_strength": -38.250124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.111424, "energy": 47.949057, "activity_lines": [ 28.912, 29.225636, 30.90219, 32.209591 ] }, { "date": "2024-03-29", "close": 29.5, "volume": 1347522, "typical_volume": 2474071.55, "trend": 33.613333, "fair_value": 49.106731, "relative_strength": -32.253246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.776501, "energy": 39.131249, "activity_lines": [ 29.050667, 29.208545, 30.642714, 31.923892 ] }, { "date": "2024-04-05", "close": 28.44, "volume": 1610019, "typical_volume": 2428237.25, "trend": 33.351, "fair_value": 48.800192, "relative_strength": -32.875296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.774105, "energy": 45.072742, "activity_lines": [ 28.758, 29.025091, 30.295905, 31.590129 ] }, { "date": "2024-04-12", "close": 28.77, "volume": 1405191, "typical_volume": 2457853.3, "trend": 33.045667, "fair_value": 48.47641, "relative_strength": -30.476745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.61543, "energy": 41.94144, "activity_lines": [ 28.661333, 28.940727, 30.007476, 31.294581 ] }, { "date": "2024-04-19", "close": 27.98, "volume": 1731556, "typical_volume": 2439263.85, "trend": 32.717, "fair_value": 48.165962, "relative_strength": -27.28896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.286714, "energy": 40.971338, "activity_lines": [ 28.455333, 28.745091, 29.670286, 30.967763 ] }, { "date": "2024-04-26", "close": 29.08, "volume": 1928309, "typical_volume": 2469011.35, "trend": 32.45, "fair_value": 47.870064, "relative_strength": -26.05133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.560139, "energy": 36.080401, "activity_lines": [ 28.667333, 28.773455, 29.47219, 30.733118 ] }, { "date": "2024-05-03", "close": 29.04, "volume": 2027449, "typical_volume": 2382307.5, "trend": 32.207667, "fair_value": 47.644679, "relative_strength": -26.000985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.768759, "energy": 31.058713, "activity_lines": [ 28.762667, 28.795455, 29.304571, 30.513118 ] }, { "date": "2024-05-10", "close": 27.99, "volume": 4095131, "typical_volume": 2502150.55, "trend": 31.853, "fair_value": 47.415577, "relative_strength": -28.763782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.876446, "energy": 35.304852, "activity_lines": [ 28.538667, 28.613636, 29.077048, 30.241011 ] }, { "date": "2024-05-17", "close": 31.65, "volume": 2788749, "typical_volume": 2587045.55, "trend": 31.666, "fair_value": 47.210641, "relative_strength": -20.25033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.681884, "energy": 11.270152, "activity_lines": [ 29.564667, 29.128909, 29.238714, 30.227914 ] }, { "date": "2024-05-24", "close": 31.18, "volume": 2032676, "typical_volume": 2599937.6, "trend": 31.511333, "fair_value": 46.990962, "relative_strength": -21.707898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.586617, "energy": 10.731712, "activity_lines": [ 30.242, 29.548364, 29.379048, 30.196559 ] }, { "date": "2024-05-31", "close": 30.95, "volume": 1726526, "typical_volume": 2534824.15, "trend": 31.302333, "fair_value": 46.764423, "relative_strength": -20.193598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.169187, "energy": 14.953776, "activity_lines": [ 30.629333, 29.881818, 29.508143, 30.160344 ] }, { "date": "2024-06-07", "close": 30.23, "volume": 1577567, "typical_volume": 2517320.3, "trend": 31.231333, "fair_value": 46.528846, "relative_strength": -23.145225, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.517716, "energy": 18.328997, "activity_lines": [ 30.652, 30.022182, 29.57519, 30.091161 ] }, { "date": "2024-06-14", "close": 28.69, "volume": 1504388, "typical_volume": 2502213.7, "trend": 31.051, "fair_value": 46.283782, "relative_strength": -28.791003, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.159393, "energy": 13.844853, "activity_lines": [ 30.082, 29.869273, 29.499, 29.927204 ] }, { "date": "2024-06-21", "close": 28.24, "volume": 4446964, "typical_volume": 2613044.85, "trend": 30.848, "fair_value": 46.025, "relative_strength": -29.441106, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.387119, "energy": 19.693853, "activity_lines": [ 29.315333, 29.63, 29.389, 29.745849 ] }, { "date": "2024-06-28", "close": 26.99, "volume": 10740416, "typical_volume": 2717279.1, "trend": 30.574667, "fair_value": 45.774936, "relative_strength": -31.927083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.745299, "energy": 34.428173, "activity_lines": [ 28.359333, 29.173091, 29.170952, 29.496946 ] }, { "date": "2024-07-05", "close": 29.17, "volume": 2217716, "typical_volume": 2655897.6, "trend": 30.337667, "fair_value": 45.534936, "relative_strength": -28.386641, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.484416, "energy": 33.068591, "activity_lines": [ 28.409333, 29.130545, 29.171524, 29.406323 ] }, { "date": "2024-07-12", "close": 31.18, "volume": 2146766, "typical_volume": 2680053.0, "trend": 30.128333, "fair_value": 45.311731, "relative_strength": -22.732345, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.32537, "energy": 12.533233, "activity_lines": [ 29.248, 29.451818, 29.363333, 29.460667 ] }, { "date": "2024-07-19", "close": 33.39, "volume": 4184994, "typical_volume": 2733741.65, "trend": 30.024, "fair_value": 45.099423, "relative_strength": -13.293649, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.45035, "energy": 32.686826, "activity_lines": [ 30.76, 30.136, 29.752048, 29.671097 ] }, { "date": "2024-07-26", "close": 35.34, "volume": 3291540, "typical_volume": 2783586.3, "trend": 29.983, "fair_value": 44.902885, "relative_strength": -5.342506, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.653394, "energy": 70.129104, "activity_lines": [ 32.608667, 31.076545, 30.309048, 30.014065 ] }, { "date": "2024-08-02", "close": 33.68, "volume": 2161919, "typical_volume": 2764016.95, "trend": 29.991667, "fair_value": 44.760449, "relative_strength": -6.300713, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.593811, "energy": 71.111832, "activity_lines": [ 33.430667, 31.648182, 30.687667, 30.252581 ] }, { "date": "2024-08-09", "close": 35.6, "volume": 2523889, "typical_volume": 2774464.35, "trend": 30.101, "fair_value": 44.648077, "relative_strength": -0.895664, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.417351, "energy": 79.470658, "activity_lines": [ 34.446667, 32.523455, 31.225667, 30.614409 ] }, { "date": "2024-08-16", "close": 40.1, "volume": 10027313, "typical_volume": 3208453.9, "trend": 30.406, "fair_value": 44.588462, "relative_strength": 6.387214, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.750602, "energy": 87.320355, "activity_lines": [ 36.534, 34.132364, 32.15381, 31.259505 ] }, { "date": "2024-08-23", "close": 37.49, "volume": 3144631, "typical_volume": 3285184.5, "trend": 30.636, "fair_value": 44.502436, "relative_strength": -0.830254, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.940208, "energy": 76.426364, "activity_lines": [ 37.156667, 35.087273, 32.782905, 31.716538 ] }, { "date": "2024-08-30", "close": 37.9, "volume": 2186827, "typical_volume": 3324266.3, "trend": 30.881, "fair_value": 44.426731, "relative_strength": 1.642275, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.78281, "energy": 74.981482, "activity_lines": [ 37.642667, 35.956727, 33.407952, 32.185183 ] }, { "date": "2024-09-06", "close": 36.4, "volume": 1502504, "typical_volume": 3312813.7, "trend": 31.117667, "fair_value": 44.359936, "relative_strength": 4.054532, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.632069, "energy": 59.329964, "activity_lines": [ 37.458, 36.377818, 33.846667, 32.541247 ] }, { "date": "2024-09-13", "close": 38.02, "volume": 1873486, "typical_volume": 3310072.55, "trend": 31.414, "fair_value": 44.309936, "relative_strength": 3.17768, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.377789, "energy": 50.828741, "activity_lines": [ 37.632, 36.922364, 34.399571, 32.986559 ] }, { "date": "2024-09-20", "close": 35.9, "volume": 3389797, "typical_volume": 3378189.95, "trend": 31.666333, "fair_value": 44.239615, "relative_strength": -3.243955, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.955905, "energy": 40.848389, "activity_lines": [ 36.938, 36.920545, 34.708, 33.275978 ] }, { "date": "2024-09-27", "close": 37.5, "volume": 1584117, "typical_volume": 3252639.25, "trend": 31.925333, "fair_value": 44.172436, "relative_strength": 0.717057, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.121582, "energy": 35.224938, "activity_lines": [ 37.057333, 37.123818, 35.136143, 33.652344 ] }, { "date": "2024-10-04", "close": 37.35, "volume": 1675640, "typical_volume": 3196983.8, "trend": 32.134333, "fair_value": 44.099551, "relative_strength": 0.794869, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.634089, "energy": 33.590334, "activity_lines": [ 37.126, 37.225091, 35.504714, 34.002323 ] }, { "date": "2024-10-11", "close": 36.2, "volume": 1863667, "typical_volume": 3188533.35, "trend": 32.382667, "fair_value": 44.010513, "relative_strength": -2.689879, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.41655, "energy": 27.167532, "activity_lines": [ 36.848, 37.080727, 35.736619, 34.264624 ] }, { "date": "2024-10-18", "close": 34.5, "volume": 2274857, "typical_volume": 3215949.9, "trend": 32.615, "fair_value": 43.893718, "relative_strength": -6.609849, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.498775, "energy": 21.826479, "activity_lines": [ 36.016667, 36.581455, 35.782714, 34.401226 ] }, { "date": "2024-10-25", "close": 33.42, "volume": 1740065, "typical_volume": 3224074.8, "trend": 32.745667, "fair_value": 43.777564, "relative_strength": -8.820888, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.605374, "energy": 15.824893, "activity_lines": [ 35.06, 35.905818, 35.709048, 34.453161 ] }, { "date": "2024-11-01", "close": 33.18, "volume": 1706843, "typical_volume": 3234197.55, "trend": 32.903667, "fair_value": 43.656923, "relative_strength": -7.194132, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.221038, "energy": 15.634468, "activity_lines": [ 34.188667, 35.308, 35.597333, 34.481183 ] }, { "date": "2024-11-08", "close": 42.7, "volume": 4264778, "typical_volume": 3225088.25, "trend": 33.368, "fair_value": 43.599872, "relative_strength": 13.319782, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.944654, "energy": 29.89976, "activity_lines": [ 36.778667, 36.519455, 36.370905, 35.113204 ] }, { "date": "2024-11-15", "close": 39.32, "volume": 2317187, "typical_volume": 2803926.8, "trend": 33.746, "fair_value": 43.535769, "relative_strength": 8.319161, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 58.217886, "energy": 39.606911, "activity_lines": [ 37.885333, 37.029091, 36.753714, 35.497204 ] }, { "date": "2024-11-22", "close": 40.94, "volume": 1647139, "typical_volume": 2775397.95, "trend": 34.141333, "fair_value": 43.48891, "relative_strength": 10.953649, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.364926, "energy": 68.505435, "activity_lines": [ 39.324, 37.780182, 37.232095, 35.961333 ] }, { "date": "2024-11-29", "close": 41.13, "volume": 1196652, "typical_volume": 2727892.25, "trend": 34.544333, "fair_value": 43.450192, "relative_strength": 10.902248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.408536, "energy": 74.657204, "activity_lines": [ 40.396667, 38.512727, 37.672524, 36.412215 ] }, { "date": "2024-12-06", "close": 38.32, "volume": 3917331, "typical_volume": 2714509.1, "trend": 34.888667, "fair_value": 43.391987, "relative_strength": 0.581322, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.565236, "energy": 62.685072, "activity_lines": [ 40.018667, 38.639273, 37.797952, 36.655806 ] }, { "date": "2024-12-13", "close": 37.87, "volume": 2217811, "typical_volume": 2660822.65, "trend": 35.096, "fair_value": 43.310321, "relative_strength": -0.787357, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.787503, "energy": 37.267626, "activity_lines": [ 39.148, 38.669091, 37.857048, 36.848151 ] }, { "date": "2024-12-20", "close": 39.7, "volume": 3802508, "typical_volume": 2742852.1, "trend": 35.38, "fair_value": 43.206346, "relative_strength": 6.767242, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.398403, "energy": 32.964577, "activity_lines": [ 39.209333, 39.022182, 38.078381, 37.145183 ] }, { "date": "2024-12-27", "close": 41.85, "volume": 1606648, "typical_volume": 2696990.05, "trend": 35.743333, "fair_value": 43.121667, "relative_strength": 11.823093, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.66924, "energy": 36.38523, "activity_lines": [ 39.962, 39.702545, 38.47581, 37.562602 ] }, { "date": "2025-01-03", "close": 42.66, "volume": 1593248, "typical_volume": 2275286.8, "trend": 36.157667, "fair_value": 43.033141, "relative_strength": 14.938493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.923441, "energy": 43.330389, "activity_lines": [ 40.924, 40.396545, 38.920619, 38.008839 ] }, { "date": "2025-01-10", "close": 41.9, "volume": 1722628, "typical_volume": 2204186.65, "trend": 36.598, "fair_value": 42.917244, "relative_strength": 15.32593, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.490709, "energy": 54.86344, "activity_lines": [ 41.530667, 40.784364, 39.280857, 38.379312 ] }, { "date": "2025-01-17", "close": 42.92, "volume": 1877691, "typical_volume": 2188729.85, "trend": 37.087333, "fair_value": 42.821026, "relative_strength": 14.582294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.965279, "energy": 62.397383, "activity_lines": [ 42.238667, 41.199091, 39.717238, 38.787183 ] }, { "date": "2025-01-24", "close": 42.71, "volume": 1416649, "typical_volume": 2184437.1, "trend": 37.611333, "fair_value": 42.745256, "relative_strength": 12.081839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.680427, "energy": 55.689736, "activity_lines": [ 42.54, 41.571636, 40.109714, 39.149935 ] }, { "date": "2025-01-31", "close": 41.69, "volume": 1621516, "typical_volume": 2171838.6, "trend": 38.028667, "fair_value": 42.678526, "relative_strength": 10.700326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.20894, "energy": 38.556146, "activity_lines": [ 42.300667, 41.697091, 40.375, 39.413075 ] }, { "date": "2025-02-07", "close": 45.35, "volume": 6157209, "typical_volume": 2310209.2, "trend": 38.501, "fair_value": 42.630513, "relative_strength": 19.658224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.716153, "energy": 46.222799, "activity_lines": [ 43.292, 42.474364, 40.971381, 39.885419 ] }, { "date": "2025-02-14", "close": 44.45, "volume": 2597183, "typical_volume": 2360862.5, "trend": 38.869667, "fair_value": 42.579295, "relative_strength": 13.526278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.904419, "energy": 44.523004, "activity_lines": [ 43.804, 43.011273, 41.437048, 40.269226 ] }, { "date": "2025-02-21", "close": 42.51, "volume": 1921371, "typical_volume": 2373149.05, "trend": 39.108667, "fair_value": 42.487115, "relative_strength": 10.607567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.197397, "energy": 38.503248, "activity_lines": [ 43.499333, 43.084, 41.684857, 40.504086 ] }, { "date": "2025-02-28", "close": 44.41, "volume": 2019571, "typical_volume": 2380944.25, "trend": 39.466333, "fair_value": 42.324295, "relative_strength": 18.988538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.451737, "energy": 42.357261, "activity_lines": [ 43.855333, 43.417818, 42.089048, 40.846108 ] }, { "date": "2025-03-07", "close": 43.84, "volume": 2226888, "typical_volume": 2378545.8, "trend": 39.741, "fair_value": 42.185321, "relative_strength": 20.806445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.160388, "energy": 34.81892, "activity_lines": [ 43.908, 43.562364, 42.399857, 41.12828 ] }, { "date": "2025-03-14", "close": 46.52, "volume": 3160043, "typical_volume": 2449544.7, "trend": 39.955, "fair_value": 42.061731, "relative_strength": 30.402354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.302863, "energy": 40.233281, "activity_lines": [ 44.710667, 44.158, 42.921429, 41.565634 ] }, { "date": "2025-03-21", "close": 45.29, "volume": 2573562, "typical_volume": 2492880.65, "trend": 40.215, "fair_value": 41.926154, "relative_strength": 25.596222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.511379, "energy": 38.95389, "activity_lines": [ 45.025333, 44.459818, 43.263476, 41.909828 ] }, { "date": "2025-03-28", "close": 42.82, "volume": 1818436, "typical_volume": 2370563.55, "trend": 40.379, "fair_value": 41.779231, "relative_strength": 20.825517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.600835, "energy": 30.524767, "activity_lines": [ 44.460667, 44.250909, 43.312619, 42.077892 ] }, { "date": "2025-04-04", "close": 43.62, "volume": 3562257, "typical_volume": 2432817.05, "trend": 40.619667, "fair_value": 41.664936, "relative_strength": 35.240825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.316116, "energy": 23.658242, "activity_lines": [ 44.142, 44.189273, 43.437381, 42.286989 ] }, { "date": "2025-04-11", "close": 46.18, "volume": 4273645, "typical_volume": 2564142.35, "trend": 40.891667, "fair_value": 41.568462, "relative_strength": 31.996327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.66256, "energy": 27.901832, "activity_lines": [ 44.729333, 44.576545, 43.785476, 42.64572 ] }, { "date": "2025-04-18", "close": 47.96, "volume": 2388804, "typical_volume": 2623749.95, "trend": 41.293667, "fair_value": 41.499808, "relative_strength": 38.872391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.082032, "energy": 33.890424, "activity_lines": [ 45.754, 45.205818, 44.278143, 43.101742 ] }, { "date": "2025-04-25", "close": 49.75, "volume": 2437925, "typical_volume": 2549779.65, "trend": 41.702, "fair_value": 41.46109, "relative_strength": 34.139213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.739918, "energy": 52.535423, "activity_lines": [ 47.279333, 46.113091, 44.908762, 43.647312 ] }, { "date": "2025-05-02", "close": 51.46, "volume": 2066017, "typical_volume": 2542189.95, "trend": 42.172333, "fair_value": 41.422115, "relative_strength": 32.888494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.712779, "energy": 70.307135, "activity_lines": [ 49.077333, 47.234909, 45.64781, 44.27686 ] }, { "date": "2025-05-09", "close": 46.34, "volume": 3322164, "typical_volume": 2518172.75, "trend": 42.510333, "fair_value": 41.339487, "relative_strength": 18.974753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.518538, "energy": 63.523434, "activity_lines": [ 48.592667, 47.263091, 45.834524, 44.545742 ] }, { "date": "2025-05-16", "close": 46.14, "volume": 2913686, "typical_volume": 2583524.65, "trend": 42.898333, "fair_value": 41.262756, "relative_strength": 10.364317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.341674, "energy": 47.279856, "activity_lines": [ 47.86, 47.219818, 45.970571, 44.779914 ] }, { "date": "2025-05-23", "close": 47.2, "volume": 2342057, "typical_volume": 2620965.1, "trend": 43.357667, "fair_value": 41.197115, "relative_strength": 14.953078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.97742, "energy": 30.831765, "activity_lines": [ 47.483333, 47.327455, 46.187143, 45.057441 ] }, { "date": "2025-05-30", "close": 49.25, "volume": 1791601, "typical_volume": 2624413.75, "trend": 43.893333, "fair_value": 41.108526, "relative_strength": 16.945915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.256882, "energy": 28.15612, "activity_lines": [ 47.840667, 47.795455, 46.577333, 45.437591 ] }, { "date": "2025-06-06", "close": 53.14, "volume": 2994949, "typical_volume": 2680276.65, "trend": 44.241333, "fair_value": 41.055064, "relative_strength": 22.603672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.777768, "energy": 42.979941, "activity_lines": [ 49.528, 48.898727, 47.303, 46.034151 ] }, { "date": "2025-06-13", "close": 52.98, "volume": 3847855, "typical_volume": 2801836.95, "trend": 44.696667, "fair_value": 41.033333, "relative_strength": 21.767252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.964543, "energy": 63.194603, "activity_lines": [ 51.05, 49.785273, 47.964762, 46.597935 ] }, { "date": "2025-06-20", "close": 50.77, "volume": 3534966, "typical_volume": 2897509.45, "trend": 45.024333, "fair_value": 40.965577, "relative_strength": 15.714073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.360116, "energy": 61.449463, "activity_lines": [ 51.392667, 50.099818, 48.367143, 46.989763 ] }, { "date": "2025-06-27", "close": 53.41, "volume": 4338487, "typical_volume": 2806573.35, "trend": 45.433667, "fair_value": 40.897692, "relative_strength": 15.789649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.455001, "energy": 68.82979, "activity_lines": [ 52.306667, 50.810909, 48.977714, 47.530774 ] }, { "date": "2025-07-04", "close": 51.43, "volume": 2519215, "typical_volume": 2802674.95, "trend": 45.870667, "fair_value": 40.819936, "relative_strength": 9.036653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.553227, "energy": 51.267819, "activity_lines": [ 52.146667, 51.062909, 49.361333, 47.917634 ] }, { "date": "2025-07-11", "close": 50.96, "volume": 3318298, "typical_volume": 2872521.3, "trend": 46.307, "fair_value": 40.738526, "relative_strength": 7.735542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.648497, "energy": 37.46893, "activity_lines": [ 51.684667, 51.198909, 49.666952, 48.245978 ] }, { "date": "2025-07-18", "close": 51.69, "volume": 4731171, "typical_volume": 3008101.3, "trend": 46.706667, "fair_value": 40.676859, "relative_strength": 7.385369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.935668, "energy": 35.084577, "activity_lines": [ 51.611333, 51.476727, 50.001857, 48.593269 ] }, { "date": "2025-07-25", "close": 52.98, "volume": 2662637, "typical_volume": 3029888.75, "trend": 47.077667, "fair_value": 40.638205, "relative_strength": 8.663323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.631617, "energy": 35.103947, "activity_lines": [ 52.054, 51.891818, 50.424952, 48.998 ] }, { "date": "2025-08-01", "close": 52.17, "volume": 2332257, "typical_volume": 2988499.45, "trend": 47.394667, "fair_value": 40.645897, "relative_strength": 8.959271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.711469, "energy": 32.313973, "activity_lines": [ 52.079333, 52.035273, 50.727381, 49.326538 ] }, { "date": "2025-08-08", "close": 52.83, "volume": 2307067, "typical_volume": 2975174.7, "trend": 47.759, "fair_value": 40.655064, "relative_strength": 6.07394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.066074, "energy": 35.905726, "activity_lines": [ 52.407333, 52.208364, 51.065762, 49.677204 ] }, { "date": "2025-08-15", "close": 66.7, "volume": 8678820, "typical_volume": 3318193.9, "trend": 48.551667, "fair_value": 40.75141, "relative_strength": 32.375536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.815367, "energy": 78.933217, "activity_lines": [ 57.265333, 54.838182, 52.68919, 50.899204 ] }, { "date": "2025-08-22", "close": 66.83, "volume": 2830149, "typical_volume": 3281588.5, "trend": 49.355667, "fair_value": 40.867692, "relative_strength": 32.758335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.416507, "energy": 90.552431, "activity_lines": [ 61.117333, 57.245091, 54.211286, 52.078452 ] }, { "date": "2025-08-29", "close": 67.55, "volume": 2273339, "typical_volume": 3181573.2, "trend": 50.217667, "fair_value": 41.003205, "relative_strength": 33.438202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.60804, "energy": 93.36123, "activity_lines": [ 64.2, 59.531091, 55.691429, 53.25228 ] }, { "date": "2025-09-05", "close": 68.93, "volume": 1563679, "typical_volume": 3140316.95, "trend": 51.003667, "fair_value": 41.141346, "relative_strength": 33.722988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.367157, "energy": 92.613309, "activity_lines": [ 66.771333, 61.762909, 57.201238, 54.459527 ] }, { "date": "2025-09-12", "close": 72.24, "volume": 3003049, "typical_volume": 3168573.15, "trend": 51.93, "fair_value": 41.306346, "relative_strength": 36.360603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.048897, "energy": 93.185945, "activity_lines": [ 69.328667, 64.314364, 58.926429, 55.829613 ] }, { "date": "2025-09-19", "close": 75.77, "volume": 4625845, "typical_volume": 3296564.55, "trend": 53.038667, "fair_value": 41.513846, "relative_strength": 38.474216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.593694, "energy": 93.732404, "activity_lines": [ 71.768667, 67.129273, 60.880714, 57.367677 ] }, { "date": "2025-09-26", "close": 76.82, "volume": 3355180, "typical_volume": 3298215.35, "trend": 54.119, "fair_value": 41.746026, "relative_strength": 39.516672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.317463, "energy": 90.49635, "activity_lines": [ 73.954, 69.684, 62.819238, 58.901957 ] }, { "date": "2025-10-03", "close": 83.5, "volume": 4337114, "typical_volume": 3369386.75, "trend": 55.441, "fair_value": 41.997115, "relative_strength": 47.945654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.328162, "energy": 89.970118, "activity_lines": [ 77.7, 72.996364, 65.24881, 60.797505 ] }, { "date": "2025-10-10", "close": 73.58, "volume": 3105197, "typical_volume": 3407543.75, "trend": 56.343, "fair_value": 42.200962, "relative_strength": 32.009628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.361925, "energy": 66.365661, "activity_lines": [ 77.076, 73.950182, 66.555714, 61.967763 ] }, { "date": "2025-10-17", "close": 75.54, "volume": 4137118, "typical_volume": 3524819.6, "trend": 57.351333, "fair_value": 42.385513, "relative_strength": 30.826069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.034768, "energy": 62.799393, "activity_lines": [ 76.795333, 74.871091, 67.923667, 63.20628 ] }, { "date": "2025-10-24", "close": 79.42, "volume": 2389894, "typical_volume": 3494566.85, "trend": 58.571333, "fair_value": 42.579744, "relative_strength": 32.98219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.973201, "energy": 62.181018, "activity_lines": [ 77.588, 76.084545, 69.535952, 64.630065 ] }, { "date": "2025-10-31", "close": 77.41, "volume": 2144119, "typical_volume": 3409380.05, "trend": 59.697667, "fair_value": 42.767949, "relative_strength": 25.785041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.02003, "energy": 50.979618, "activity_lines": [ 77.467333, 76.701273, 70.831667, 65.845462 ] }, { "date": "2025-11-07", "close": 74.07, "volume": 3615528, "typical_volume": 3413408.15, "trend": 60.627333, "fair_value": 42.916026, "relative_strength": 23.253102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.533488, "energy": 40.934868, "activity_lines": [ 76.194, 76.518364, 71.692952, 66.77271 ] }, { "date": "2025-11-14", "close": 70.85, "volume": 2961568, "typical_volume": 3344562.2, "trend": 61.390333, "fair_value": 43.052756, "relative_strength": 17.2246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.546512, "energy": 35.261147, "activity_lines": [ 74.476, 75.631455, 72.136619, 67.432237 ] }, { "date": "2025-11-21", "close": 66.68, "volume": 3759940, "typical_volume": 3406598.45, "trend": 61.954667, "fair_value": 43.164487, "relative_strength": 13.145002, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.700004, "energy": 21.772076, "activity_lines": [ 71.55, 73.951455, 72.100095, 67.773505 ] }, { "date": "2025-11-28", "close": 69.89, "volume": 2140213, "typical_volume": 3347694.2, "trend": 62.569, "fair_value": 43.269038, "relative_strength": 12.317104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.822613, "energy": 23.835569, "activity_lines": [ 70.284667, 72.956182, 72.296667, 68.285462 ] }, { "date": "2025-12-05", "close": 70.58, "volume": 2393541, "typical_volume": 3230812.7, "trend": 63.377, "fair_value": 43.418654, "relative_strength": 11.450121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.63506, "energy": 18.282577, "activity_lines": [ 69.884667, 72.193273, 72.46881, 68.802301 ] }, { "date": "2025-12-12", "close": 74.49, "volume": 3456543, "typical_volume": 3270508.0, "trend": 64.322, "fair_value": 43.614679, "relative_strength": 18.777959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.037047, "energy": 16.765746, "activity_lines": [ 71.243333, 72.254727, 72.923381, 69.519269 ] }, { "date": "2025-12-19", "close": 69.65, "volume": 4457622, "typical_volume": 3376776.25, "trend": 65.070333, "fair_value": 43.782308, "relative_strength": 9.701447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.651288, "energy": 9.567041, "activity_lines": [ 70.960667, 71.6, 72.814571, 69.863011 ] }, { "date": "2025-12-26", "close": 74.22, "volume": 1590439, "typical_volume": 3340944.85, "trend": 65.902667, "fair_value": 43.971282, "relative_strength": 14.646307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.110853, "energy": 19.691525, "activity_lines": [ 72.281333, 71.847636, 73.057762, 70.453312 ] }, { "date": "2026-01-02", "close": 76.03, "volume": 1867745, "typical_volume": 3000391.1, "trend": 66.665667, "fair_value": 44.154936, "relative_strength": 18.596759, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.106935, "energy": 28.091517, "activity_lines": [ 73.702667, 72.448364, 73.371476, 71.106688 ] }, { "date": "2026-01-09", "close": 93.48, "volume": 3963570, "typical_volume": 3057062.15, "trend": 68.015667, "fair_value": 44.450769, "relative_strength": 40.953302, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 85.70641, "energy": 75.633013, "activity_lines": [ 80.531333, 76.283455, 75.302667, 72.836645 ] }, { "date": "2026-01-16", "close": 103.02, "volume": 4434524, "typical_volume": 3165121.4, "trend": 69.757333, "fair_value": 44.800513, "relative_strength": 54.353723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.272655, "energy": 93.599481, "activity_lines": [ 89.013333, 81.560909, 78.015524, 75.094989 ] }, { "date": "2026-01-23", "close": 99.05, "volume": 2997375, "typical_volume": 3236806.2, "trend": 71.278667, "fair_value": 45.111474, "relative_strength": 46.01842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.193266, "energy": 92.637657, "activity_lines": [ 94.27, 85.590182, 80.181381, 76.984839 ] }, { "date": "2026-01-30", "close": 93.88, "volume": 2694829, "typical_volume": 3221395.2, "trend": 72.693667, "fair_value": 45.359103, "relative_strength": 36.876603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.892914, "energy": 88.090081, "activity_lines": [ 95.843333, 88.166727, 81.711429, 78.442989 ] }, { "date": "2026-02-06", "close": 82.2, "volume": 6219833, "typical_volume": 3301094.6, "trend": 73.735, "fair_value": 45.539167, "relative_strength": 21.241685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.899277, "energy": 68.439242, "activity_lines": [ 92.212667, 88.125091, 82.026048, 79.056301 ] }, { "date": "2026-02-13", "close": 82.36, "volume": 2931125, "typical_volume": 3279891.85, "trend": 74.757333, "fair_value": 45.721218, "relative_strength": 21.903259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.253431, "energy": 39.51905, "activity_lines": [ 88.224, 87.888727, 82.325286, 79.612753 ] }, { "date": "2026-02-20", "close": 87.63, "volume": 1530970, "typical_volume": 3139584.65, "trend": 75.912333, "fair_value": 45.939231, "relative_strength": 26.872172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.710903, "energy": 22.858203, "activity_lines": [ 86.733333, 88.396364, 83.100048, 80.443247 ] }, { "date": "2026-02-27", "close": 89.03, "volume": 1968890, "typical_volume": 3082769.3, "trend": 77.141, "fair_value": 46.166218, "relative_strength": 27.947087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.301781, "energy": 22.833142, "activity_lines": [ 86.735333, 88.919636, 83.988476, 81.289548 ] }, { "date": "2026-03-06", "close": 86.42, "volume": 3309105, "typical_volume": 3041368.65, "trend": 78.260667, "fair_value": 46.400641, "relative_strength": 24.617634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.475081, "energy": 18.413409, "activity_lines": [ 86.535333, 88.616, 84.554762, 81.888194 ] }, { "date": "2026-03-13", "close": 78.16, "volume": 2999475, "typical_volume": 3071847.7, "trend": 78.642667, "fair_value": 46.605449, "relative_strength": 13.207984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.985217, "energy": 12.539011, "activity_lines": [ 84.079333, 86.588727, 84.282571, 81.881699 ] }, { "date": "2026-03-20", "close": 77.26, "volume": 3984513, "typical_volume": 3163867.4, "trend": 78.990333, "fair_value": 46.786603, "relative_strength": 13.431894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.926264, "energy": 12.112463, "activity_lines": [ 81.592667, 84.359091, 83.930667, 81.792495 ] }, { "date": "2026-03-27", "close": 71.4, "volume": 3173572, "typical_volume": 3141769.6, "trend": 79.118667, "fair_value": 46.916603, "relative_strength": 7.701511, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.166604, "energy": 24.654182, "activity_lines": [ 77.492667, 81.358909, 83.021381, 81.302796 ] }, { "date": "2026-04-03", "close": 74.22, "volume": 2148456, "typical_volume": 3101114.0, "trend": 79.295, "fair_value": 47.063526, "relative_strength": 7.262539, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.71282, "energy": 26.428963, "activity_lines": [ 75.414667, 79.446364, 82.393381, 80.986753 ] }, { "date": "2026-04-10", "close": 79.6, "volume": 2338611, "typical_volume": 3030047.55, "trend": 79.540333, "fair_value": 47.253974, "relative_strength": 9.624446, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.723475, "energy": 29.318952, "activity_lines": [ 76.117333, 78.963455, 82.261714, 81.00643 ] }, { "date": "2026-04-17", "close": 84.05, "volume": 2537053, "typical_volume": 3049889.55, "trend": 79.816333, "fair_value": 47.487179, "relative_strength": 8.643436, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.263271, "energy": 17.134171, "activity_lines": [ 78.758, 79.549273, 82.492333, 81.297376 ] }, { "date": "2026-04-24", "close": 77.99, "volume": 2567036, "typical_volume": 3058564.3, "trend": 79.855333, "fair_value": 47.681538, "relative_strength": -1.551168, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.339883, "energy": 7.949387, "activity_lines": [ 78.986, 78.999636, 82.078381, 81.179548 ] }, { "date": "2026-05-01", "close": 78.55, "volume": 2029168, "typical_volume": 2987195.55, "trend": 79.690333, "fair_value": 47.927756, "relative_strength": -2.525346, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.609873, "energy": 5.020227, "activity_lines": [ 79.352, 78.631273, 81.682476, 81.095333 ] }, { "date": "2026-05-08", "close": 90.34, "volume": 4496492, "typical_volume": 2989139.05, "trend": 80.249, "fair_value": 48.243141, "relative_strength": 5.721327, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.100301, "energy": 25.581057, "activity_lines": [ 83.171333, 80.571636, 82.390095, 81.782409 ] }, { "date": "2026-05-15", "close": 92.03, "volume": 2186881, "typical_volume": 3018961.15, "trend": 80.798667, "fair_value": 48.567692, "relative_strength": 7.343778, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.652866, "energy": 33.245889, "activity_lines": [ 86.479333, 82.795455, 83.160143, 82.542473 ] }, { "date": "2026-05-22", "close": 98.55, "volume": 2150613, "typical_volume": 3033104.55, "trend": 81.436333, "fair_value": 48.946282, "relative_strength": 12.774692, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.324777, "energy": 64.276746, "activity_lines": [ 91.132, 86.102727, 84.466333, 83.68772 ] }, { "date": "2026-05-29", "close": 111.7, "volume": 3426674, "typical_volume": 3006259.75, "trend": 82.579333, "fair_value": 49.399295, "relative_strength": 23.136709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.388564, "energy": 82.097387, "activity_lines": [ 99.201333, 91.430182, 86.917667, 85.640215 ] }, { "date": "2026-06-05", "close": 111.27, "volume": 4375495, "typical_volume": 3003308.3, "trend": 83.819333, "fair_value": 49.838013, "relative_strength": 27.308228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.860787, "energy": 86.5696, "activity_lines": [ 104.88, 96.053273, 89.241286, 87.491226 ] }, { "date": "2026-06-12", "close": 120.3, "volume": 3039441, "typical_volume": 3005411.6, "trend": 85.467667, "fair_value": 50.361346, "relative_strength": 33.172711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.007888, "energy": 92.646287, "activity_lines": [ 111.387333, 101.593273, 92.385619, 89.844817 ] }, { "date": "2026-06-19", "close": 113.91, "volume": 3873489, "typical_volume": 3064344.6, "trend": 87.042, "fair_value": 50.868013, "relative_strength": 21.749159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.059316, "energy": 85.883366, "activity_lines": [ 113.767333, 105.133636, 94.82019, 91.679806 ] }, { "date": "2026-06-26", "close": 109.38, "volume": 5247360, "typical_volume": 3015720.95, "trend": 88.358333, "fair_value": 51.347436, "relative_strength": 21.362902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.388154, "energy": 77.405682, "activity_lines": [ 113.178667, 107.226545, 96.727952, 93.120968 ] }, { "date": "2026-07-03", "close": 126.21, "volume": 2971814, "typical_volume": 3017755.4, "trend": 90.212667, "fair_value": 51.939487, "relative_strength": 37.099368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.13939, "energy": 68.909827, "activity_lines": [ 117.478, 111.918909, 100.109143, 95.563011 ] }, { "date": "2026-07-10", "close": 107.98, "volume": 2338834, "typical_volume": 3058148.6, "trend": 91.329, "fair_value": 52.411282, "relative_strength": 14.247652, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.345385, "energy": 49.434269, "activity_lines": [ 114.733333, 112.42, 101.545333, 96.70929 ] }, { "date": "2026-07-17", "close": 96.08, "volume": 4181052, "typical_volume": 3168756.7, "trend": 92.21, "fair_value": 52.794487, "relative_strength": 5.357786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.574062, "energy": 29.986334, "activity_lines": [ 108.241333, 110.222364, 101.751286, 97.015806 ] }, { "date": "2026-07-24", "close": 103.27, "volume": 3068014, "typical_volume": 3156702.15, "trend": 93.178333, "fair_value": 53.220641, "relative_strength": 14.124632, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.200418, "energy": 23.755825, "activity_lines": [ 105.760667, 109.227636, 102.608429, 97.729355 ] }, { "date": "2026-07-31", "close": 97.1, "volume": 2432607, "typical_volume": 3128358.75, "trend": 93.880667, "fair_value": 53.59859, "relative_strength": 6.001389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.261123, "energy": 22.323763, "activity_lines": [ 101.932667, 106.906727, 102.797714, 97.982366 ] }, { "date": "2026-08-07", "close": 108.64, "volume": 2937309, "typical_volume": 3075998.55, "trend": 94.386, "fair_value": 54.068718, "relative_strength": 11.914639, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.026789, "energy": 22.267892, "activity_lines": [ 102.77, 106.710364, 103.995857, 98.934581 ] } ], "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." } } }