{ "ticker": { "uuid": "25f43af7-d920-460e-a458-b8021c62c604", "symbol": "ENEA", "name": "Enea AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -30.797, "architecture_energy": 68.871, "architecture_maturity": 11.421, "architecture_confidence": 81.743, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 20.82, "rotation_up": 14.04, "upward_expansion": 31.01, "deceleration": 49.08, "rotation_down": 75.21, "downward_expansion": 60.68 }, "activity_lines": [ 59.906666, 64.538182, 70.520477, 69.477635 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 62.099998, "trend_reference": 68.450001, "distance_from_trend": -0.092768, "trend_direction": "Weakening", "fair_value": 71.442949, "distance_from_fair_value": -0.130775, "fair_value_direction": "Weakening", "relative_strength": -21.714168, "relative_strength_direction": "Weakening", "price_momentum": -0.012719, "excess_performance": -0.074213, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.092768, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.006723, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.130775, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.255797, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.217142, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.231043, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.012719, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.612127, "read": "Supply-led" } ], "volume": { "latest": 248100, "relative_activity": 1.354403, "balance": 0.612127, "dry_up": 1.78365, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.10083, "annualized_volatility": 0.48923, "from_high_reference": -0.330097, "from_low_reference": 0.15 }, "levels": { "trend_reference": 68.450001, "fair_value_reference": 71.442949, "structural_low": 54.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.03012, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.036979, "regime_survival": 0.142857, "best_return": 0.368209, "worst_return": -0.225755, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.101242, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.126884, "regime_survival": 0.0, "best_return": 0.684105, "worst_return": -0.421421, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.078526, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.033841, "regime_survival": 0.0, "best_return": 0.768612, "worst_return": -0.491492, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.298044, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.258454, "regime_survival": 0.0, "best_return": 0.030207, "worst_return": -0.408696, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.06191, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.10702, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-08-08", "tenure": "Established", "return": -0.019481, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-05", "tenure": "New", "return": -0.024675, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-11-14", "tenure": "Developing", "return": -0.067476, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-26", "tenure": "Developing", "return": 0.063253, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.082119, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": -0.135659, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": -0.079491, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.240336, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": 0.136935, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": -0.16041, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.237898, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.052542, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 52.599998, "volume": 154795, "typical_volume": 250624.05, "trend": 71.495, "fair_value": 158.209295, "relative_strength": -32.751263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.824695, "energy": 36.710148, "activity_lines": [ 53.933332, 50.208181, 51.378809, 59.716881 ] }, { "date": "2023-08-25", "close": 51.099998, "volume": 72769, "typical_volume": 252409.3, "trend": 70.181666, "fair_value": 157.268911, "relative_strength": -33.846854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.830688, "energy": 26.66218, "activity_lines": [ 53.319999, 50.781817, 50.771428, 58.401075 ] }, { "date": "2023-09-01", "close": 48.049999, "volume": 171315, "typical_volume": 259163.45, "trend": 68.323333, "fair_value": 156.38718, "relative_strength": -37.967887, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.361976, "energy": 31.412299, "activity_lines": [ 51.383332, 50.713635, 50.08738, 56.973225 ] }, { "date": "2023-09-08", "close": 43.5, "volume": 1334124, "typical_volume": 317559.65, "trend": 66.483333, "fair_value": 155.449359, "relative_strength": -42.705406, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -66.625852, "energy": 52.243139, "activity_lines": [ 48.266666, 49.742726, 49.193571, 55.37172 ] }, { "date": "2023-09-15", "close": 40.349998, "volume": 274479, "typical_volume": 305362.75, "trend": 64.448333, "fair_value": 154.472116, "relative_strength": -46.571828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.724044, "energy": 60.384408, "activity_lines": [ 44.979999, 48.175453, 48.166904, 53.685698 ] }, { "date": "2023-09-22", "close": 42.700001, "volume": 215386, "typical_volume": 311160.65, "trend": 62.595, "fair_value": 153.530449, "relative_strength": -42.034027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.65857, "energy": 68.117132, "activity_lines": [ 43.506666, 47.092727, 47.493809, 52.28258 ] }, { "date": "2023-09-29", "close": 47.200001, "volume": 178222, "typical_volume": 315745.0, "trend": 60.601666, "fair_value": 152.544551, "relative_strength": -34.956002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.530797, "energy": 51.672108, "activity_lines": [ 44.193333, 46.758181, 47.345476, 51.289354 ] }, { "date": "2023-10-06", "close": 43.799999, "volume": 162050, "typical_volume": 316426.15, "trend": 58.561666, "fair_value": 151.576603, "relative_strength": -38.98231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.496636, "energy": 48.529052, "activity_lines": [ 44.006667, 45.792727, 46.932857, 50.205376 ] }, { "date": "2023-10-13", "close": 42.349998, "volume": 93418, "typical_volume": 312044.45, "trend": 56.69, "fair_value": 150.636539, "relative_strength": -41.359833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.267277, "energy": 44.766775, "activity_lines": [ 43.619999, 44.732727, 46.458333, 49.159462 ] }, { "date": "2023-10-20", "close": 40.0, "volume": 131975, "typical_volume": 303643.35, "trend": 54.89, "fair_value": 149.766026, "relative_strength": -40.971781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.753614, "energy": 48.911133, "activity_lines": [ 42.526666, 43.506363, 45.81119, 48.082688 ] }, { "date": "2023-10-27", "close": 45.75, "volume": 589193, "typical_volume": 326538.55, "trend": 53.145, "fair_value": 149.0375, "relative_strength": -30.82775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.493911, "energy": 39.293175, "activity_lines": [ 43.373333, 43.612727, 45.753095, 47.49301 ] }, { "date": "2023-11-03", "close": 48.0, "volume": 166263, "typical_volume": 320404.65, "trend": 51.545, "fair_value": 148.284936, "relative_strength": -29.247535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.806964, "energy": 24.822543, "activity_lines": [ 44.766666, 44.252727, 45.923333, 47.161075 ] }, { "date": "2023-11-10", "close": 45.5, "volume": 119601, "typical_volume": 318660.65, "trend": 49.895, "fair_value": 147.495833, "relative_strength": -31.600963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.815855, "energy": 19.012695, "activity_lines": [ 45.273333, 44.494545, 45.84738, 46.771075 ] }, { "date": "2023-11-17", "close": 50.900002, "volume": 568502, "typical_volume": 333236.75, "trend": 48.971666, "fair_value": 146.701603, "relative_strength": -25.680033, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.778258, "energy": 14.603376, "activity_lines": [ 47.466667, 45.764546, 46.278095, 46.835914 ] }, { "date": "2023-11-24", "close": 54.0, "volume": 105084, "typical_volume": 307477.4, "trend": 48.518333, "fair_value": 145.970833, "relative_strength": -21.525857, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.710781, "energy": 31.195789, "activity_lines": [ 50.123334, 47.463637, 46.962619, 47.160322 ] }, { "date": "2023-12-01", "close": 55.400002, "volume": 147858, "typical_volume": 301368.35, "trend": 48.268333, "fair_value": 145.216987, "relative_strength": -19.4338, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.216058, "energy": 53.480919, "activity_lines": [ 52.313334, 49.169091, 47.730476, 47.604301 ] }, { "date": "2023-12-08", "close": 55.700001, "volume": 110007, "typical_volume": 274726.05, "trend": 48.135, "fair_value": 144.470192, "relative_strength": -20.165783, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.888712, "energy": 65.110683, "activity_lines": [ 53.960001, 50.698182, 48.448095, 48.083763 ] }, { "date": "2023-12-15", "close": 55.900002, "volume": 122010, "typical_volume": 268591.5, "trend": 48.005, "fair_value": 143.632372, "relative_strength": -21.347321, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.59707, "energy": 76.830272, "activity_lines": [ 55.160001, 52.109092, 49.140953, 48.584731 ] }, { "date": "2023-12-22", "close": 57.0, "volume": 343911, "typical_volume": 273365.95, "trend": 48.135, "fair_value": 142.760577, "relative_strength": -18.589068, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.249403, "energy": 77.251128, "activity_lines": [ 56.033334, 53.500001, 49.925238, 49.165054 ] }, { "date": "2023-12-29", "close": 56.599998, "volume": 55646, "typical_volume": 255830.4, "trend": 48.398333, "fair_value": 141.908013, "relative_strength": -18.890805, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.644911, "energy": 75.026039, "activity_lines": [ 56.366667, 54.551819, 50.67, 49.711183 ] }, { "date": "2024-01-05", "close": 57.200001, "volume": 45816, "typical_volume": 250381.45, "trend": 48.681667, "fair_value": 141.010577, "relative_strength": -14.884689, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.300354, "energy": 73.700427, "activity_lines": [ 56.726667, 55.41091, 51.468096, 50.279032 ] }, { "date": "2024-01-12", "close": 56.900002, "volume": 77640, "typical_volume": 250625.0, "trend": 49.035, "fair_value": 140.032372, "relative_strength": -14.776787, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.719395, "energy": 62.876606, "activity_lines": [ 56.866667, 56.007273, 52.215715, 50.809248 ] }, { "date": "2024-01-19", "close": 52.900002, "volume": 219091, "typical_volume": 253013.8, "trend": 49.335, "fair_value": 139.00609, "relative_strength": -17.695111, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.172463, "energy": 39.96559, "activity_lines": [ 55.593334, 55.714546, 52.554763, 51.058602 ] }, { "date": "2024-01-26", "close": 52.200001, "volume": 344161, "typical_volume": 203515.65, "trend": 49.668333, "fair_value": 137.805449, "relative_strength": -20.206261, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.768059, "energy": 31.570757, "activity_lines": [ 54.286668, 55.160001, 52.804048, 51.243441 ] }, { "date": "2024-02-02", "close": 57.900002, "volume": 555004, "typical_volume": 217541.9, "trend": 50.148333, "fair_value": 136.670192, "relative_strength": -10.107942, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.916934, "energy": 35.510069, "activity_lines": [ 55.200002, 55.618183, 53.554763, 51.774517 ] }, { "date": "2024-02-09", "close": 55.799999, "volume": 242395, "typical_volume": 218892.35, "trend": 50.713333, "fair_value": 135.492628, "relative_strength": -11.475948, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.526543, "energy": 26.70841, "activity_lines": [ 55.326667, 55.623637, 54.021905, 52.13914 ] }, { "date": "2024-02-16", "close": 55.200001, "volume": 173370, "typical_volume": 218649.75, "trend": 51.003333, "fair_value": 134.295192, "relative_strength": -13.099439, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.30639, "energy": 29.690889, "activity_lines": [ 55.346667, 55.512728, 54.369525, 52.428603 ] }, { "date": "2024-02-23", "close": 52.900002, "volume": 86158, "typical_volume": 214855.15, "trend": 50.996667, "fair_value": 133.191987, "relative_strength": -16.232729, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.001473, "energy": 27.877862, "activity_lines": [ 54.713334, 54.992728, 54.460001, 52.550968 ] }, { "date": "2024-03-01", "close": 53.900002, "volume": 176941, "typical_volume": 219031.3, "trend": 50.903334, "fair_value": 132.069551, "relative_strength": -13.917791, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.018838, "energy": 18.641163, "activity_lines": [ 54.413335, 54.709092, 54.602382, 52.73828 ] }, { "date": "2024-03-08", "close": 52.400002, "volume": 156689, "typical_volume": 220267.0, "trend": 50.79, "fair_value": 130.915064, "relative_strength": -15.480348, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.665567, "energy": 14.663048, "activity_lines": [ 53.500002, 54.209092, 54.546906, 52.83484 ] }, { "date": "2024-03-15", "close": 50.299999, "volume": 105072, "typical_volume": 196060.95, "trend": 50.713334, "fair_value": 129.769551, "relative_strength": -18.622445, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.09887, "energy": 18.544843, "activity_lines": [ 52.253334, 53.403637, 54.232382, 52.803227 ] }, { "date": "2024-03-22", "close": 48.650002, "volume": 142559, "typical_volume": 194875.75, "trend": 50.631667, "fair_value": 128.629487, "relative_strength": -19.679021, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -16.034424, "energy": 35.275883, "activity_lines": [ 50.823335, 52.423638, 53.739049, 52.670108 ] }, { "date": "2024-03-29", "close": 51.5, "volume": 316024, "typical_volume": 204696.9, "trend": 50.746667, "fair_value": 127.494872, "relative_strength": -12.770122, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.871997, "energy": 29.124384, "activity_lines": [ 50.780001, 52.111819, 53.514049, 52.72613 ] }, { "date": "2024-04-05", "close": 48.400002, "volume": 173995, "typical_volume": 184971.55, "trend": 50.910001, "fair_value": 126.276282, "relative_strength": -15.881318, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.334419, "energy": 46.968777, "activity_lines": [ 49.796668, 51.261819, 52.965239, 52.574732 ] }, { "date": "2024-04-12", "close": 49.700001, "volume": 127952, "typical_volume": 186114.95, "trend": 51.221667, "fair_value": 125.066026, "relative_strength": -12.047477, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.758262, "energy": 37.36461, "activity_lines": [ 49.613334, 50.717274, 52.552144, 52.496668 ] }, { "date": "2024-04-19", "close": 47.549999, "volume": 101524, "typical_volume": 183798.25, "trend": 51.383334, "fair_value": 123.761859, "relative_strength": -14.521042, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.926015, "energy": 39.955809, "activity_lines": [ 48.893334, 49.93091, 51.954763, 52.259786 ] }, { "date": "2024-04-26", "close": 54.0, "volume": 1137364, "typical_volume": 235166.1, "trend": 51.610001, "fair_value": 122.569552, "relative_strength": -4.3208, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.865634, "energy": 12.932838, "activity_lines": [ 50.506667, 50.467273, 52.009048, 52.428603 ] }, { "date": "2024-05-03", "close": 64.800003, "volume": 356867, "typical_volume": 246908.95, "trend": 52.310001, "fair_value": 121.459295, "relative_strength": 15.870336, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 56.82058, "energy": 37.966323, "activity_lines": [ 55.363334, 52.989092, 53.100001, 53.279571 ] }, { "date": "2024-05-10", "close": 68.0, "volume": 220496, "typical_volume": 240738.2, "trend": 53.165001, "fair_value": 120.484936, "relative_strength": 17.614762, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 86.636689, "energy": 83.232384, "activity_lines": [ 60.400001, 55.876364, 54.453334, 54.291829 ] }, { "date": "2024-05-17", "close": 69.699997, "volume": 128193, "typical_volume": 244365.55, "trend": 54.155001, "fair_value": 119.521475, "relative_strength": 21.67494, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.128793, "energy": 93.862972, "activity_lines": [ 64.696666, 58.816364, 55.916191, 55.358603 ] }, { "date": "2024-05-24", "close": 73.800003, "volume": 190346, "typical_volume": 251592.05, "trend": 55.090001, "fair_value": 118.600321, "relative_strength": 27.209742, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.526755, "energy": 95.380225, "activity_lines": [ 69.026667, 62.187273, 57.707144, 56.626022 ] }, { "date": "2024-05-31", "close": 80.0, "volume": 240556, "typical_volume": 259737.85, "trend": 56.156668, "fair_value": 117.702885, "relative_strength": 37.840451, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.530495, "energy": 97.089531, "activity_lines": [ 73.673334, 66.258182, 60.009524, 58.233119 ] }, { "date": "2024-06-07", "close": 78.599998, "volume": 127808, "typical_volume": 255173.7, "trend": 57.260001, "fair_value": 116.790064, "relative_strength": 33.408806, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.358838, "energy": 92.654253, "activity_lines": [ 76.12, 69.504545, 62.068572, 59.681076 ] }, { "date": "2024-06-14", "close": 76.900002, "volume": 189084, "typical_volume": 247419.85, "trend": 58.126667, "fair_value": 115.914423, "relative_strength": 32.537247, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.230908, "energy": 86.50093, "activity_lines": [ 77.08, 71.949091, 63.843334, 60.948173 ] }, { "date": "2024-06-21", "close": 78.0, "volume": 102781, "typical_volume": 224808.7, "trend": 58.926667, "fair_value": 115.103526, "relative_strength": 32.59654, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.743411, "energy": 70.038525, "activity_lines": [ 77.813334, 74.075455, 65.605239, 62.230323 ] }, { "date": "2024-06-28", "close": 76.699997, "volume": 103448, "typical_volume": 217861.35, "trend": 59.636667, "fair_value": 114.271475, "relative_strength": 29.345375, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.593004, "energy": 64.70625, "activity_lines": [ 77.559999, 75.450909, 67.147619, 63.37699 ] }, { "date": "2024-07-05", "close": 82.0, "volume": 123360, "typical_volume": 215360.85, "trend": 60.513334, "fair_value": 113.470193, "relative_strength": 37.525661, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.328231, "energy": 66.835326, "activity_lines": [ 78.879999, 77.26, 69.095238, 64.819785 ] }, { "date": "2024-07-12", "close": 83.699997, "volume": 66491, "typical_volume": 214377.5, "trend": 61.44, "fair_value": 112.4875, "relative_strength": 34.807879, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.078052, "energy": 66.827848, "activity_lines": [ 80.633332, 78.86909, 71.077143, 66.315699 ] }, { "date": "2024-07-19", "close": 82.400002, "volume": 146460, "typical_volume": 212853.45, "trend": 62.286667, "fair_value": 111.554167, "relative_strength": 34.58489, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.810153, "energy": 60.666321, "activity_lines": [ 81.613333, 79.898181, 72.788571, 67.667957 ] }, { "date": "2024-07-26", "close": 82.900002, "volume": 94513, "typical_volume": 209744.65, "trend": 63.163334, "fair_value": 110.563141, "relative_strength": 34.045719, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.404613, "energy": 61.218725, "activity_lines": [ 82.393334, 80.756364, 74.411905, 68.99785 ] }, { "date": "2024-08-02", "close": 81.400002, "volume": 120372, "typical_volume": 210509.65, "trend": 63.970001, "fair_value": 109.665064, "relative_strength": 36.777893, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.298202, "energy": 57.2629, "activity_lines": [ 82.346668, 81.101819, 75.747143, 70.174409 ] }, { "date": "2024-08-09", "close": 81.699997, "volume": 166736, "typical_volume": 211718.5, "trend": 64.796667, "fair_value": 108.765705, "relative_strength": 36.888834, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.251268, "energy": 51.119219, "activity_lines": [ 82.086667, 81.363636, 76.962857, 71.31828 ] }, { "date": "2024-08-16", "close": 86.900002, "volume": 103743, "typical_volume": 201104.45, "trend": 65.93, "fair_value": 107.915705, "relative_strength": 40.231512, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.82589, "energy": 55.273642, "activity_lines": [ 83.580001, 82.54, 78.516429, 72.744301 ] }, { "date": "2024-08-23", "close": 88.0, "volume": 81714, "typical_volume": 196490.4, "trend": 67.123334, "fair_value": 107.034295, "relative_strength": 39.392397, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.251131, "energy": 57.333063, "activity_lines": [ 85.226667, 83.765455, 80.006191, 74.168172 ] }, { "date": "2024-08-30", "close": 89.699997, "volume": 98504, "typical_volume": 195018.0, "trend": 68.183334, "fair_value": 106.064423, "relative_strength": 38.717139, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.758943, "energy": 61.862323, "activity_lines": [ 87.066666, 85.098182, 81.469286, 75.624731 ] }, { "date": "2024-09-06", "close": 84.099998, "volume": 81345, "typical_volume": 194009.05, "trend": 69.126667, "fair_value": 105.132372, "relative_strength": 34.638002, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.388885, "energy": 55.460582, "activity_lines": [ 86.586665, 85.199999, 82.208571, 76.651613 ] }, { "date": "2024-09-13", "close": 84.800003, "volume": 31283, "typical_volume": 138705.0, "trend": 70.113334, "fair_value": 104.252885, "relative_strength": 31.852026, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.456117, "energy": 49.761502, "activity_lines": [ 86.16, 85.294545, 82.840476, 77.662796 ] }, { "date": "2024-09-20", "close": 84.699997, "volume": 48693, "typical_volume": 123296.3, "trend": 71.173333, "fair_value": 103.408013, "relative_strength": 27.675344, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.16203, "energy": 41.692458, "activity_lines": [ 85.493332, 85.319999, 83.31619, 78.603871 ] }, { "date": "2024-09-27", "close": 88.199997, "volume": 73847, "typical_volume": 115963.85, "trend": 72.316667, "fair_value": 102.588782, "relative_strength": 28.804589, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.452625, "energy": 39.768231, "activity_lines": [ 86.139998, 85.963635, 84.030476, 79.702365 ] }, { "date": "2024-10-04", "close": 87.099998, "volume": 33736, "typical_volume": 111241.0, "trend": 73.473333, "fair_value": 101.7625, "relative_strength": 27.698085, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.447731, "energy": 38.736533, "activity_lines": [ 86.406665, 86.301817, 84.543809, 80.656129 ] }, { "date": "2024-10-11", "close": 87.900002, "volume": 44499, "typical_volume": 103948.65, "trend": 74.726667, "fair_value": 100.886859, "relative_strength": 28.245645, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.070363, "energy": 39.771645, "activity_lines": [ 87.113333, 86.70909, 85.050476, 81.586881 ] }, { "date": "2024-10-18", "close": 94.900002, "volume": 74654, "typical_volume": 95653.55, "trend": 76.268333, "fair_value": 100.06891, "relative_strength": 36.443558, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.441788, "energy": 60.248896, "activity_lines": [ 89.9, 88.270909, 86.156666, 82.888387 ] }, { "date": "2024-10-25", "close": 99.0, "volume": 212184, "typical_volume": 99872.35, "trend": 77.851667, "fair_value": 99.1875, "relative_strength": 40.846012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.386592, "energy": 76.588728, "activity_lines": [ 93.38, 90.338182, 87.582381, 84.354946 ] }, { "date": "2024-11-01", "close": 102.199997, "volume": 139549, "typical_volume": 97395.6, "trend": 79.645, "fair_value": 98.336218, "relative_strength": 45.595752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.969438, "energy": 87.652495, "activity_lines": [ 96.973333, 92.767272, 89.215714, 85.925806 ] }, { "date": "2024-11-08", "close": 99.900002, "volume": 278355, "typical_volume": 106174.3, "trend": 81.318333, "fair_value": 97.441346, "relative_strength": 40.508622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.364446, "energy": 85.126948, "activity_lines": [ 98.866667, 94.52, 90.509524, 87.23258 ] }, { "date": "2024-11-15", "close": 97.300003, "volume": 69306, "typical_volume": 104467.2, "trend": 82.976667, "fair_value": 96.459295, "relative_strength": 38.018043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.358919, "energy": 78.551152, "activity_lines": [ 99.040001, 95.614546, 91.451429, 88.263656 ] }, { "date": "2024-11-22", "close": 97.599998, "volume": 85145, "typical_volume": 102556.45, "trend": 84.43, "fair_value": 95.504808, "relative_strength": 36.849343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.544676, "energy": 59.504096, "activity_lines": [ 98.686667, 96.523636, 92.323809, 89.207097 ] }, { "date": "2024-11-29", "close": 98.300003, "volume": 186602, "typical_volume": 108562.0, "trend": 85.546667, "fair_value": 94.468269, "relative_strength": 36.504295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.913992, "energy": 49.336415, "activity_lines": [ 98.386668, 97.327273, 93.188572, 90.101935 ] }, { "date": "2024-12-06", "close": 108.400002, "volume": 171227, "typical_volume": 109800.35, "trend": 86.893333, "fair_value": 93.432372, "relative_strength": 43.077775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.498051, "energy": 60.00223, "activity_lines": [ 101.500002, 99.720001, 94.945715, 91.576344 ] }, { "date": "2024-12-13", "close": 103.0, "volume": 224548, "typical_volume": 116302.1, "trend": 88.003333, "fair_value": 92.342628, "relative_strength": 37.492127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.631711, "energy": 51.617974, "activity_lines": [ 102.400001, 100.763637, 96.064762, 92.615484 ] }, { "date": "2024-12-20", "close": 99.099998, "volume": 82569, "typical_volume": 114411.95, "trend": 88.846667, "fair_value": 91.173398, "relative_strength": 35.227216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.56862, "energy": 46.240021, "activity_lines": [ 101.793333, 100.809091, 96.716667, 93.331398 ] }, { "date": "2024-12-27", "close": 97.900002, "volume": 25967, "typical_volume": 107373.5, "trend": 89.443333, "fair_value": 90.060577, "relative_strength": 31.415167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.688462, "energy": 41.999697, "activity_lines": [ 100.666667, 100.432728, 97.17, 93.915484 ] }, { "date": "2025-01-03", "close": 101.400002, "volume": 90519, "typical_volume": 106712.3, "trend": 90.203333, "fair_value": 88.979808, "relative_strength": 33.596515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.209762, "energy": 33.687477, "activity_lines": [ 100.686668, 100.638183, 97.879524, 94.686882 ] }, { "date": "2025-01-10", "close": 101.199997, "volume": 175749, "typical_volume": 111414.05, "trend": 91.013333, "fair_value": 88.019552, "relative_strength": 31.349721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.975789, "energy": 25.895515, "activity_lines": [ 100.433333, 100.763637, 98.500953, 95.396344 ] }, { "date": "2025-01-17", "close": 101.199997, "volume": 259896, "typical_volume": 119483.65, "trend": 91.786666, "fair_value": 87.152244, "relative_strength": 25.412708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.466775, "energy": 26.30484, "activity_lines": [ 100.659999, 100.907272, 99.059524, 96.053548 ] }, { "date": "2025-01-24", "close": 104.599998, "volume": 100569, "typical_volume": 120444.85, "trend": 92.716667, "fair_value": 86.297116, "relative_strength": 25.740227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.426633, "energy": 40.059023, "activity_lines": [ 102.139998, 101.645454, 99.887143, 96.880215 ] }, { "date": "2025-01-31", "close": 98.0, "volume": 379052, "typical_volume": 137833.3, "trend": 93.25, "fair_value": 85.540705, "relative_strength": 16.887275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.151024, "energy": 29.999689, "activity_lines": [ 101.053332, 101.050908, 99.988571, 97.221075 ] }, { "date": "2025-02-07", "close": 97.199997, "volume": 329265, "typical_volume": 151861.9, "trend": 93.7, "fair_value": 84.775962, "relative_strength": 16.351158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.951866, "energy": 19.097752, "activity_lines": [ 99.693331, 100.303635, 99.950952, 97.475914 ] }, { "date": "2025-02-14", "close": 95.300003, "volume": 134664, "typical_volume": 154902.75, "trend": 94.13, "fair_value": 84.10609, "relative_strength": 10.021176, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.305869, "energy": 8.941003, "activity_lines": [ 97.98, 99.230908, 99.672857, 97.57914 ] }, { "date": "2025-02-21", "close": 95.300003, "volume": 263228, "typical_volume": 166377.35, "trend": 94.543333, "fair_value": 83.520833, "relative_strength": 8.856798, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.185801, "energy": 14.789397, "activity_lines": [ 96.660001, 98.396364, 99.360952, 97.654624 ] }, { "date": "2025-02-28", "close": 94.900002, "volume": 171899, "typical_volume": 172747.35, "trend": 94.993333, "fair_value": 82.9625, "relative_strength": 7.550071, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.750335, "energy": 15.64134, "activity_lines": [ 95.600002, 97.629091, 98.971905, 97.677635 ] }, { "date": "2025-03-07", "close": 89.400002, "volume": 217572, "typical_volume": 179893.25, "trend": 95.25, "fair_value": 82.377885, "relative_strength": 0.451995, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.038275, "energy": 43.50862, "activity_lines": [ 93.353335, 95.938183, 98.025715, 97.316774 ] }, { "date": "2025-03-14", "close": 86.900002, "volume": 258307, "typical_volume": 182199.4, "trend": 95.25, "fair_value": 81.699039, "relative_strength": -1.381889, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.989034, "energy": 57.747798, "activity_lines": [ 90.846669, 93.947274, 96.86762, 96.778065 ] }, { "date": "2025-03-21", "close": 85.5, "volume": 198069, "typical_volume": 185125.4, "trend": 95.166667, "fair_value": 81.086859, "relative_strength": -1.780064, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.488901, "energy": 68.006141, "activity_lines": [ 88.560001, 91.965456, 95.63381, 96.149033 ] }, { "date": "2025-03-28", "close": 83.199997, "volume": 179372, "typical_volume": 180176.25, "trend": 94.95, "fair_value": 80.434295, "relative_strength": -1.863103, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.468235, "energy": 72.665315, "activity_lines": [ 86.16, 89.85091, 94.260476, 95.376989 ] }, { "date": "2025-04-04", "close": 77.599998, "volume": 200658, "typical_volume": 186743.85, "trend": 94.733333, "fair_value": 79.595192, "relative_strength": 0.903472, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.082403, "energy": 89.437007, "activity_lines": [ 82.699999, 87.045455, 92.433333, 94.257634 ] }, { "date": "2025-04-11", "close": 77.0, "volume": 220864, "typical_volume": 193529.8, "trend": 94.473333, "fair_value": 78.808013, "relative_strength": -0.250677, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.368265, "energy": 89.127587, "activity_lines": [ 80.193332, 84.621818, 90.642857, 93.113548 ] }, { "date": "2025-04-18", "close": 81.699997, "volume": 99847, "typical_volume": 189192.05, "trend": 94.373333, "fair_value": 78.071474, "relative_strength": 1.431825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.389909, "energy": 79.444995, "activity_lines": [ 80.079998, 83.434545, 89.398095, 92.289462 ] }, { "date": "2025-04-25", "close": 65.400002, "volume": 722904, "typical_volume": 216775.9, "trend": 93.613333, "fair_value": 77.736859, "relative_strength": -21.450992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.165278, "energy": 88.858289, "activity_lines": [ 74.879999, 79.565454, 86.68, 90.420215 ] }, { "date": "2025-05-02", "close": 66.5, "volume": 294313, "typical_volume": 220264.15, "trend": 92.926667, "fair_value": 77.468269, "relative_strength": -21.349367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.60125, "energy": 87.674524, "activity_lines": [ 71.386666, 76.44, 84.271428, 88.670968 ] }, { "date": "2025-05-09", "close": 68.800003, "volume": 237108, "typical_volume": 227991.1, "trend": 92.29, "fair_value": 77.17468, "relative_strength": -18.279702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.958859, "energy": 82.705214, "activity_lines": [ 69.773334, 74.256364, 82.255714, 87.114409 ] }, { "date": "2025-05-16", "close": 68.0, "volume": 88041, "typical_volume": 231094.8, "trend": 91.393333, "fair_value": 76.869551, "relative_strength": -22.245866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.541983, "energy": 85.558334, "activity_lines": [ 68.480001, 72.401818, 80.308095, 85.547312 ] }, { "date": "2025-05-23", "close": 66.0, "volume": 230176, "typical_volume": 238077.65, "trend": 90.293334, "fair_value": 76.523398, "relative_strength": -22.505141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.659484, "energy": 84.312906, "activity_lines": [ 67.120001, 70.572727, 78.312381, 83.909032 ] }, { "date": "2025-05-30", "close": 67.099998, "volume": 95701, "typical_volume": 234075.25, "trend": 89.123334, "fair_value": 76.207372, "relative_strength": -21.565192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.196888, "energy": 65.721425, "activity_lines": [ 67.173333, 69.323636, 76.59, 82.412688 ] }, { "date": "2025-06-06", "close": 66.099998, "volume": 65514, "typical_volume": 224356.15, "trend": 87.996667, "fair_value": 75.94391, "relative_strength": -23.35355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.690893, "energy": 65.628172, "activity_lines": [ 66.779999, 68.227272, 74.934762, 80.927312 ] }, { "date": "2025-06-13", "close": 65.0, "volume": 189057, "typical_volume": 228780.55, "trend": 86.92, "fair_value": 75.633654, "relative_strength": -22.575798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.150597, "energy": 65.682855, "activity_lines": [ 66.046666, 67.241818, 73.341905, 79.443656 ] }, { "date": "2025-06-20", "close": 63.799999, "volume": 230990, "typical_volume": 221377.45, "trend": 85.793333, "fair_value": 75.322115, "relative_strength": -23.435247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.172819, "energy": 65.221983, "activity_lines": [ 65.166666, 66.267272, 71.823333, 77.952043 ] }, { "date": "2025-06-27", "close": 67.800003, "volume": 342855, "typical_volume": 222056.95, "trend": 84.776667, "fair_value": 75.008013, "relative_strength": -20.425686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.37124, "energy": 57.586892, "activity_lines": [ 65.9, 66.26, 70.848571, 76.791183 ] }, { "date": "2025-07-04", "close": 71.5, "volume": 167969, "typical_volume": 223722.2, "trend": 83.546667, "fair_value": 74.681731, "relative_strength": -16.123937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.031181, "energy": 45.850387, "activity_lines": [ 67.746667, 67.178182, 70.36619, 75.934624 ] }, { "date": "2025-07-11", "close": 69.099998, "volume": 74683, "typical_volume": 214294.95, "trend": 82.416667, "fair_value": 74.53109, "relative_strength": -19.762882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.271874, "energy": 37.576973, "activity_lines": [ 68.5, 67.549091, 69.768571, 75.002581 ] }, { "date": "2025-07-18", "close": 74.5, "volume": 506707, "typical_volume": 231035.35, "trend": 81.596667, "fair_value": 74.434936, "relative_strength": -13.410754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.766106, "energy": 26.072218, "activity_lines": [ 70.853333, 68.854545, 69.81, 74.491828 ] }, { "date": "2025-07-25", "close": 77.400002, "volume": 146834, "typical_volume": 227498.45, "trend": 80.913333, "fair_value": 74.34391, "relative_strength": -11.975239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.567089, "energy": 27.115889, "activity_lines": [ 73.54, 70.583636, 70.224762, 74.221075 ] }, { "date": "2025-08-01", "close": 74.800003, "volume": 161405, "typical_volume": 222653.35, "trend": 80.026667, "fair_value": 74.230449, "relative_strength": -12.316614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.215379, "energy": 24.663299, "activity_lines": [ 74.453335, 71.669092, 70.449048, 73.826667 ] }, { "date": "2025-08-08", "close": 75.5, "volume": 132213, "typical_volume": 219360.55, "trend": 79.17, "fair_value": 74.077885, "relative_strength": -13.646989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.692283, "energy": 29.849471, "activity_lines": [ 75.133334, 72.721819, 70.797619, 73.534624 ] }, { "date": "2025-08-15", "close": 77.0, "volume": 225427, "typical_volume": 221663.3, "trend": 78.363333, "fair_value": 73.920192, "relative_strength": -12.932775, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 11.392661, "energy": 30.303528, "activity_lines": [ 76.046668, 73.894546, 71.336667, 73.394624 ] }, { "date": "2025-08-22", "close": 76.5, "volume": 115451, "typical_volume": 217402.95, "trend": 77.426667, "fair_value": 73.786218, "relative_strength": -14.772293, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 7.684914, "energy": 25.433719, "activity_lines": [ 76.266667, 74.778182, 71.857619, 73.274409 ] }, { "date": "2025-08-29", "close": 75.0, "volume": 123423, "typical_volume": 212530.9, "trend": 76.66, "fair_value": 73.660577, "relative_strength": -14.121521, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 3.270168, "energy": 18.708882, "activity_lines": [ 75.853334, 75.18, 72.240953, 73.11785 ] }, { "date": "2025-09-05", "close": 75.099998, "volume": 107620, "typical_volume": 212919.55, "trend": 75.923334, "fair_value": 73.542628, "relative_strength": -13.77358, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 0.261776, "energy": 13.74931, "activity_lines": [ 75.633333, 75.396364, 72.643333, 73.017204 ] }, { "date": "2025-09-12", "close": 74.099998, "volume": 98636, "typical_volume": 181706.15, "trend": 75.216667, "fair_value": 73.493269, "relative_strength": -14.932399, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.46614, "energy": 12.30772, "activity_lines": [ 75.059999, 75.298181, 72.981905, 72.89957 ] }, { "date": "2025-09-19", "close": 75.5, "volume": 70148, "typical_volume": 170497.9, "trend": 74.556667, "fair_value": 73.509295, "relative_strength": -13.470713, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.696053, "energy": 10.568324, "activity_lines": [ 75.046666, 75.407272, 73.412381, 72.917849 ] }, { "date": "2025-09-26", "close": 73.900002, "volume": 96737, "typical_volume": 163479.35, "trend": 73.856667, "fair_value": 73.516346, "relative_strength": -14.976053, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.911031, "energy": 8.113782, "activity_lines": [ 74.6, 75.109091, 73.647619, 72.875484 ] }, { "date": "2025-10-03", "close": 76.400002, "volume": 114676, "typical_volume": 164811.1, "trend": 73.423333, "fair_value": 73.556731, "relative_strength": -14.54387, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.220538, "energy": 11.885009, "activity_lines": [ 75.160001, 75.276364, 74.096667, 73.03957 ] }, { "date": "2025-10-10", "close": 75.0, "volume": 86241, "typical_volume": 157614.35, "trend": 73.026667, "fair_value": 73.590705, "relative_strength": -15.13302, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.727754, "energy": 19.987094, "activity_lines": [ 75.160001, 75.207273, 74.372381, 73.14129 ] }, { "date": "2025-10-17", "close": 77.199997, "volume": 119689, "typical_volume": 158813.75, "trend": 72.75, "fair_value": 73.620192, "relative_strength": -12.031576, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.078889, "energy": 30.444812, "activity_lines": [ 75.9, 75.534545, 74.814762, 73.410538 ] }, { "date": "2025-10-24", "close": 69.199997, "volume": 286828, "typical_volume": 169879.45, "trend": 72.283333, "fair_value": 73.552885, "relative_strength": -22.957043, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.087486, "energy": 4.396394, "activity_lines": [ 73.766665, 74.376363, 74.447143, 73.181505 ] }, { "date": "2025-10-31", "close": 70.0, "volume": 147349, "typical_volume": 167794.05, "trend": 72.03, "fair_value": 73.466346, "relative_strength": -20.815125, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.513769, "energy": 10.543405, "activity_lines": [ 72.319999, 73.505454, 74.140952, 73.034193 ] }, { "date": "2025-11-07", "close": 69.599998, "volume": 136793, "typical_volume": 163084.2, "trend": 71.783333, "fair_value": 73.303526, "relative_strength": -19.632505, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.118075, "energy": 24.677583, "activity_lines": [ 70.999998, 72.679999, 73.772857, 72.877419 ] }, { "date": "2025-11-14", "close": 69.099998, "volume": 108051, "typical_volume": 151344.0, "trend": 71.363333, "fair_value": 73.228526, "relative_strength": -20.241401, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.120446, "energy": 34.881423, "activity_lines": [ 69.966665, 71.861817, 73.329523, 72.704301 ] }, { "date": "2025-11-21", "close": 66.400002, "volume": 103729, "typical_volume": 148132.0, "trend": 71.396667, "fair_value": 73.127244, "relative_strength": -21.030247, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.688776, "energy": 51.462578, "activity_lines": [ 68.426666, 70.661818, 72.622857, 72.384086 ] }, { "date": "2025-11-28", "close": 70.699997, "volume": 108942, "typical_volume": 149844.95, "trend": 71.536666, "fair_value": 73.025962, "relative_strength": -17.886461, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.947135, "energy": 37.01774, "activity_lines": [ 69.039999, 70.383635, 72.349999, 72.339139 ] }, { "date": "2025-12-05", "close": 67.5, "volume": 163187, "typical_volume": 132668.95, "trend": 71.493333, "fair_value": 72.853526, "relative_strength": -21.824612, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.042391, "energy": 34.658146, "activity_lines": [ 68.486666, 69.610908, 71.764761, 72.078709 ] }, { "date": "2025-12-12", "close": 66.099998, "volume": 64216, "typical_volume": 128538.05, "trend": 71.43, "fair_value": 72.709295, "relative_strength": -22.470845, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.342291, "energy": 34.591046, "activity_lines": [ 67.633332, 68.699999, 71.079523, 71.730752 ] }, { "date": "2025-12-19", "close": 68.400002, "volume": 77473, "typical_volume": 124341.45, "trend": 71.51, "fair_value": 72.608013, "relative_strength": -19.527357, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.801855, "energy": 23.398522, "activity_lines": [ 67.78, 68.394545, 70.667142, 71.535268 ] }, { "date": "2025-12-26", "close": 70.599998, "volume": 57935, "typical_volume": 120627.55, "trend": 71.626666, "fair_value": 72.508654, "relative_strength": -16.385812, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -41.255748, "energy": 25.728946, "activity_lines": [ 68.706666, 68.60909, 70.494761, 71.476559 ] }, { "date": "2026-01-02", "close": 75.5, "volume": 63337, "typical_volume": 112523.05, "trend": 71.94, "fair_value": 72.40609, "relative_strength": -10.758137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.109038, "energy": 10.253231, "activity_lines": [ 70.986666, 69.834545, 70.81238, 71.726451 ] }, { "date": "2026-01-09", "close": 81.699997, "volume": 314695, "typical_volume": 122485.25, "trend": 72.496666, "fair_value": 72.286218, "relative_strength": -5.681843, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.272508, "energy": 30.655136, "activity_lines": [ 75.013332, 72.072726, 71.727618, 72.356128 ] }, { "date": "2026-01-16", "close": 77.400002, "volume": 86664, "typical_volume": 120647.3, "trend": 72.95, "fair_value": 72.1875, "relative_strength": -11.773208, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.801047, "energy": 36.372698, "activity_lines": [ 76.66, 73.316363, 72.208571, 72.672473 ] }, { "date": "2026-01-23", "close": 75.900002, "volume": 86118, "typical_volume": 119572.2, "trend": 73.22, "fair_value": 72.09391, "relative_strength": -11.931039, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.66272, "energy": 50.137881, "activity_lines": [ 77.053334, 74.145455, 72.535238, 72.862795 ] }, { "date": "2026-01-30", "close": 66.900002, "volume": 202229, "typical_volume": 124751.85, "trend": 73.066666, "fair_value": 71.857372, "relative_strength": -21.939896, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -7.246913, "energy": 18.497604, "activity_lines": [ 73.946668, 73.214546, 72.000952, 72.455054 ] }, { "date": "2026-02-06", "close": 62.900002, "volume": 268479, "typical_volume": 134668.4, "trend": 72.86, "fair_value": 71.627885, "relative_strength": -28.000392, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.070063, "energy": 32.312781, "activity_lines": [ 69.753335, 71.547274, 71.12, 71.79914 ] }, { "date": "2026-02-13", "close": 57.900002, "volume": 255607, "typical_volume": 142611.9, "trend": 72.306667, "fair_value": 71.349039, "relative_strength": -32.948363, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -79.367411, "energy": 69.859693, "activity_lines": [ 64.733335, 69.112728, 69.822857, 70.833979 ] }, { "date": "2026-02-20", "close": 59.5, "volume": 254917, "typical_volume": 149623.95, "trend": 71.71, "fair_value": 71.100321, "relative_strength": -31.637567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.58878, "energy": 78.535122, "activity_lines": [ 61.833335, 67.143637, 68.754286, 70.007742 ] }, { "date": "2026-02-27", "close": 59.799999, "volume": 352521, "typical_volume": 162937.95, "trend": 71.21, "fair_value": 70.797756, "relative_strength": -31.410077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.844609, "energy": 81.09327, "activity_lines": [ 60.226667, 65.349092, 67.794762, 69.239355 ] }, { "date": "2026-03-06", "close": 59.900002, "volume": 232844, "typical_volume": 168595.7, "trend": 70.69, "fair_value": 70.508654, "relative_strength": -26.448463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.191651, "energy": 80.669997, "activity_lines": [ 59.726667, 63.729092, 66.917143, 68.509678 ] }, { "date": "2026-03-13", "close": 61.0, "volume": 709487, "typical_volume": 189728.65, "trend": 70.156667, "fair_value": 70.268269, "relative_strength": -23.940518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.957007, "energy": 67.098989, "activity_lines": [ 60.06, 62.503637, 66.226667, 67.884516 ] }, { "date": "2026-03-20", "close": 55.5, "volume": 106154, "typical_volume": 187668.9, "trend": 69.456666, "fair_value": 70.021474, "relative_strength": -26.377033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.994537, "energy": 58.747804, "activity_lines": [ 58.686667, 60.541819, 65.051429, 66.938925 ] }, { "date": "2026-03-27", "close": 54.799999, "volume": 147658, "typical_volume": 188212.15, "trend": 68.783333, "fair_value": 69.74391, "relative_strength": -26.556834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.002963, "energy": 59.833211, "activity_lines": [ 57.24, 58.929091, 63.878572, 65.993333 ] }, { "date": "2026-04-03", "close": 56.400002, "volume": 98340, "typical_volume": 187726.6, "trend": 68.16, "fair_value": 69.490064, "relative_strength": -26.194093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.477456, "energy": 55.875931, "activity_lines": [ 56.640001, 58.018182, 62.928572, 65.194409 ] }, { "date": "2026-04-10", "close": 57.700001, "volume": 209221, "typical_volume": 193001.2, "trend": 67.613333, "fair_value": 69.250962, "relative_strength": -27.165064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.040521, "energy": 61.162704, "activity_lines": [ 56.700001, 57.698182, 62.162858, 64.51957 ] }, { "date": "2026-04-17", "close": 63.799999, "volume": 214449, "typical_volume": 198276.55, "trend": 67.223333, "fair_value": 69.15609, "relative_strength": -20.413798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.035358, "energy": 36.226775, "activity_lines": [ 58.94, 58.654546, 62.019524, 64.273549 ] }, { "date": "2026-04-24", "close": 73.800003, "volume": 340629, "typical_volume": 207148.65, "trend": 67.22, "fair_value": 69.195833, "relative_strength": -5.305742, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.873953, "energy": 14.660928, "activity_lines": [ 64.326668, 61.412728, 62.861429, 64.69785 ] }, { "date": "2026-05-01", "close": 79.599998, "volume": 178024, "typical_volume": 212839.05, "trend": 67.326667, "fair_value": 69.302885, "relative_strength": 3.569856, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.663117, "energy": 45.55833, "activity_lines": [ 70.426667, 64.936364, 64.225715, 65.496559 ] }, { "date": "2026-05-08", "close": 78.099998, "volume": 191951, "typical_volume": 218562.95, "trend": 67.43, "fair_value": 69.420833, "relative_strength": 1.390177, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.841891, "energy": 52.808931, "activity_lines": [ 74.373333, 67.821818, 65.382857, 66.191613 ] }, { "date": "2026-05-15", "close": 82.5, "volume": 153512, "typical_volume": 223341.8, "trend": 67.606667, "fair_value": 69.566346, "relative_strength": 8.379534, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.240107, "energy": 77.660935, "activity_lines": [ 78.339999, 71.174545, 66.912857, 67.163871 ] }, { "date": "2026-05-22", "close": 90.5, "volume": 211596, "typical_volume": 230754.75, "trend": 68.316667, "fair_value": 69.80609, "relative_strength": 14.555246, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.409702, "energy": 95.998626, "activity_lines": [ 83.32, 75.570909, 69.148095, 68.64086 ] }, { "date": "2026-05-29", "close": 87.900002, "volume": 193557, "typical_volume": 224697.85, "trend": 68.913333, "fair_value": 70.057372, "relative_strength": 11.452929, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.196324, "energy": 91.475665, "activity_lines": [ 85.653334, 78.958182, 71.064286, 69.904301 ] }, { "date": "2026-06-05", "close": 84.800003, "volume": 55688, "typical_volume": 223149.05, "trend": 69.42, "fair_value": 70.288782, "relative_strength": 8.188149, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.670143, "energy": 85.139598, "activity_lines": [ 86.013335, 81.192728, 72.655715, 70.929248 ] }, { "date": "2026-06-12", "close": 81.5, "volume": 25088, "typical_volume": 220097.55, "trend": 69.833334, "fair_value": 70.514423, "relative_strength": 4.09249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.52009, "energy": 63.929696, "activity_lines": [ 84.926668, 82.281819, 73.89762, 71.708603 ] }, { "date": "2026-06-19", "close": 75.0, "volume": 97929, "typical_volume": 214882.55, "trend": 70.12, "fair_value": 70.713782, "relative_strength": -5.992269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.300979, "energy": 43.679377, "activity_lines": [ 81.446668, 81.732728, 74.49381, 72.041936 ] }, { "date": "2026-06-26", "close": 73.800003, "volume": 13849, "typical_volume": 202151.05, "trend": 70.223334, "fair_value": 70.916346, "relative_strength": -6.498863, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.185334, "energy": 25.9742, "activity_lines": [ 78.066668, 80.65091, 74.937144, 72.279355 ] }, { "date": "2026-07-03", "close": 72.300003, "volume": 46834, "typical_volume": 191712.4, "trend": 70.383334, "fair_value": 71.100962, "relative_strength": -10.611222, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.204362, "energy": 29.56945, "activity_lines": [ 75.300002, 79.114547, 75.185715, 72.413334 ] }, { "date": "2026-07-10", "close": 69.400002, "volume": 178363, "typical_volume": 187884.7, "trend": 70.493334, "fair_value": 71.296795, "relative_strength": -11.965846, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.491503, "energy": 25.181759, "activity_lines": [ 72.606669, 77.078183, 75.089525, 72.349893 ] }, { "date": "2026-07-17", "close": 58.700001, "volume": 635645, "typical_volume": 202040.9, "trend": 70.170001, "fair_value": 71.375, "relative_strength": -24.186116, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.368789, "energy": 42.630801, "activity_lines": [ 67.373335, 73.28182, 73.927144, 71.589033 ] }, { "date": "2026-07-24", "close": 55.099998, "volume": 169396, "typical_volume": 198868.5, "trend": 69.653334, "fair_value": 71.387821, "relative_strength": -29.318111, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -50.172917, "energy": 66.973926, "activity_lines": [ 62.460001, 69.183637, 72.427144, 70.616775 ] }, { "date": "2026-07-31", "close": 59.0, "volume": 253777, "typical_volume": 176083.0, "trend": 69.103334, "fair_value": 71.402564, "relative_strength": -24.743422, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.494364, "energy": 71.02499, "activity_lines": [ 60.173333, 66.292728, 71.321429, 69.929463 ] }, { "date": "2026-08-07", "close": 62.099998, "volume": 248100, "typical_volume": 183180.3, "trend": 68.450001, "fair_value": 71.442949, "relative_strength": -21.714168, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.796595, "energy": 68.870958, "activity_lines": [ 59.906666, 64.538182, 70.520477, 69.477635 ] } ], "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." } } }