{ "ticker": { "uuid": "2bc660f2-a9f6-42f3-aa2f-12d1f4799247", "symbol": "2082", "name": "ACWA Power Company", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 36.779, "architecture_energy": 18.443, "architecture_maturity": 41.33, "architecture_confidence": 87.489, "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": 49.12, "rotation_up": 28.7, "upward_expansion": 56.61, "deceleration": 86.82, "rotation_down": 25.99, "downward_expansion": 17.95 }, "activity_lines": [ 190.453335, 192.118182, 188.952381, 185.044946 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 193.0, "trend_reference": 181.506667, "distance_from_trend": 0.063322, "trend_direction": "Weakening", "fair_value": 278.168421, "distance_from_fair_value": -0.306176, "fair_value_direction": "Improving", "relative_strength": 1.344567, "relative_strength_direction": "Improving", "price_momentum": 0.030983, "excess_performance": 0.062812, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063322, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002857, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.306176, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.03403, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.013446, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.135997, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.030983, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.724099, "read": "Demand-led" } ], "volume": { "latest": 1889187, "relative_activity": 0.64934, "balance": 1.724099, "dry_up": 0.49233, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.067876, "annualized_volatility": 0.245067, "from_high_reference": -0.235946, "from_low_reference": 0.291834 }, "levels": { "trend_reference": 181.506667, "fair_value_reference": 278.168421, "structural_low": 149.399994, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.081875, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.056589, "regime_survival": 0.4, "best_return": 0.290707, "worst_return": -0.029722, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.369283, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.314321, "regime_survival": 0.0, "best_return": 0.913055, "worst_return": -0.150425, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.280124, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.295087, "regime_survival": 0.5, "best_return": 0.678007, "worst_return": -0.117759, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.480407, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.510259, "regime_survival": 0.0, "best_return": 0.480407, "worst_return": 0.480407, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-06-14", "tenure": "Established", "return": 0.260763, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-30", "tenure": "Developing", "return": 0.189159, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-15", "tenure": "Developing", "return": -0.055072, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": -0.066154, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.015198, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": 0.003998, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": -0.067269, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-10-31", "tenure": "Extended", "return": -0.299014, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.131818, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-05-15", "tenure": "Established", "return": -0.077083, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": 0.025988, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": -0.005013, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.054555, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.005155, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 173.056808, "volume": 915785, "typical_volume": 633648.4, "trend": 155.039574, "fair_value": 143.838882, "relative_strength": 8.947183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.672596, "energy": 80.516052, "activity_lines": [ 181.882435, 175.208011, 166.207249, 160.282283 ] }, { "date": "2023-08-11", "close": 183.424255, "volume": 1051992, "typical_volume": 686217.6, "trend": 155.995576, "fair_value": 144.310136, "relative_strength": 14.657166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.097876, "energy": 60.290893, "activity_lines": [ 182.294473, 177.924055, 168.574339, 162.113553 ] }, { "date": "2023-08-18", "close": 188.408615, "volume": 1532617, "typical_volume": 762817.05, "trend": 156.925946, "fair_value": 144.828942, "relative_strength": 17.06508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.875909, "energy": 57.985487, "activity_lines": [ 184.075549, 180.985214, 171.174694, 164.204717 ] }, { "date": "2023-08-25", "close": 192.396103, "volume": 1622671, "typical_volume": 843943.55, "trend": 157.989232, "fair_value": 145.382049, "relative_strength": 19.515387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.431312, "energy": 58.274592, "activity_lines": [ 186.561082, 184.036649, 173.915148, 166.493114 ] }, { "date": "2023-09-01", "close": 192.396103, "volume": 2846960, "typical_volume": 986191.35, "trend": 159.257523, "fair_value": 145.92244, "relative_strength": 18.146011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.464626, "energy": 59.203653, "activity_lines": [ 189.113073, 186.389075, 176.403563, 168.712912 ] }, { "date": "2023-09-08", "close": 188.607986, "volume": 1944235, "typical_volume": 1083329.95, "trend": 160.650836, "fair_value": 146.407503, "relative_strength": 18.222573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.305063, "energy": 52.95656, "activity_lines": [ 190.003609, 187.353745, 178.309399, 170.606491 ] }, { "date": "2023-09-15", "close": 191.399216, "volume": 866879, "typical_volume": 1126584.55, "trend": 162.262837, "fair_value": 146.913028, "relative_strength": 20.031188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.22068, "energy": 52.226531, "activity_lines": [ 190.78781, 188.404988, 180.280132, 172.590257 ] }, { "date": "2023-09-22", "close": 188.807358, "volume": 656125, "typical_volume": 1159370.8, "trend": 163.689248, "fair_value": 147.378521, "relative_strength": 19.992624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.485631, "energy": 45.720011, "activity_lines": [ 190.176395, 188.760236, 181.829474, 174.302807 ] }, { "date": "2023-09-29", "close": 194.987961, "volume": 713115, "typical_volume": 1195005.3, "trend": 165.599425, "fair_value": 147.901701, "relative_strength": 21.969614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.340571, "energy": 46.206391, "activity_lines": [ 191.598597, 190.061606, 183.808073, 176.322079 ] }, { "date": "2023-10-06", "close": 187.212372, "volume": 685568, "typical_volume": 1229241.85, "trend": 167.230577, "fair_value": 148.328991, "relative_strength": 19.829658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.094723, "energy": 40.574961, "activity_lines": [ 190.256146, 189.920232, 184.873397, 177.716462 ] }, { "date": "2023-10-13", "close": 193.392975, "volume": 1789343, "typical_volume": 1318572.5, "trend": 169.080974, "fair_value": 148.81355, "relative_strength": 25.15615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.118089, "energy": 39.557153, "activity_lines": [ 191.319479, 190.888104, 186.407694, 179.404359 ] }, { "date": "2023-10-20", "close": 229.280334, "volume": 6345488, "typical_volume": 1635299.1, "trend": 172.299555, "fair_value": 149.66958, "relative_strength": 45.959841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.996888, "energy": 70.248015, "activity_lines": [ 204.026264, 198.011202, 191.168235, 183.288189 ] }, { "date": "2023-10-27", "close": 216.320999, "volume": 2299520, "typical_volume": 1750180.75, "trend": 174.907607, "fair_value": 150.371174, "relative_strength": 39.770586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.958053, "energy": 71.144356, "activity_lines": [ 209.887864, 201.944311, 194.329228, 186.128282 ] }, { "date": "2023-11-03", "close": 215.324127, "volume": 1801107, "typical_volume": 1840201.9, "trend": 177.43614, "fair_value": 151.047767, "relative_strength": 32.584205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.011689, "energy": 75.056263, "activity_lines": [ 213.58293, 205.188672, 197.069938, 188.735799 ] }, { "date": "2023-11-10", "close": 211.137268, "volume": 1259867, "typical_volume": 1903145.9, "trend": 179.613494, "fair_value": 151.667246, "relative_strength": 29.398756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.629714, "energy": 72.595962, "activity_lines": [ 214.526633, 207.254913, 199.119644, 190.910065 ] }, { "date": "2023-11-17", "close": 216.320999, "volume": 880893, "typical_volume": 1808384.75, "trend": 181.9438, "fair_value": 152.326978, "relative_strength": 28.680108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.063844, "energy": 52.322265, "activity_lines": [ 215.603252, 209.922902, 201.390722, 193.278292 ] }, { "date": "2023-11-24", "close": 216.320999, "volume": 848368, "typical_volume": 1694050.7, "trend": 183.99636, "fair_value": 152.973383, "relative_strength": 27.648592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.209575, "energy": 48.101685, "activity_lines": [ 215.151337, 212.087018, 203.419592, 195.496175 ] }, { "date": "2023-12-01", "close": 228.283447, "volume": 1679418, "typical_volume": 1709015.05, "trend": 186.427829, "fair_value": 153.726483, "relative_strength": 32.245884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.759527, "energy": 53.373639, "activity_lines": [ 219.550859, 215.973001, 206.410204, 198.353407 ] }, { "date": "2023-12-08", "close": 233.66655, "volume": 1269725, "typical_volume": 1621573.65, "trend": 188.926315, "fair_value": 154.517969, "relative_strength": 33.375803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.503966, "energy": 58.618525, "activity_lines": [ 224.947253, 220.119983, 209.678991, 201.401066 ] }, { "date": "2023-12-15", "close": 254.202087, "volume": 2031326, "typical_volume": 1652050.1, "trend": 191.996897, "fair_value": 155.495264, "relative_strength": 39.519538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.866042, "energy": 80.897057, "activity_lines": [ 235.965998, 227.297452, 214.711764, 205.612406 ] }, { "date": "2023-12-22", "close": 252.208359, "volume": 1015206, "typical_volume": 1657021.15, "trend": 195.298606, "fair_value": 156.434226, "relative_strength": 36.266062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.876413, "energy": 86.301997, "activity_lines": [ 243.449179, 232.89443, 219.231862, 209.497017 ] }, { "date": "2023-12-29", "close": 256.195831, "volume": 1227202, "typical_volume": 1665781.65, "trend": 198.753071, "fair_value": 157.393473, "relative_strength": 33.696746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.377821, "energy": 88.104453, "activity_lines": [ 249.869027, 238.147033, 223.754808, 213.42587 ] }, { "date": "2024-01-05", "close": 241.641525, "volume": 1347513, "typical_volume": 1656526.45, "trend": 201.87449, "fair_value": 158.195835, "relative_strength": 23.073019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.190462, "energy": 73.745572, "activity_lines": [ 248.779117, 240.264025, 226.545097, 216.192867 ] }, { "date": "2024-01-12", "close": 241.840897, "volume": 840786, "typical_volume": 1617432.2, "trend": 204.804166, "fair_value": 158.984939, "relative_strength": 22.704183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.277319, "energy": 55.990156, "activity_lines": [ 246.865126, 241.956894, 229.100885, 218.771345 ] }, { "date": "2024-01-19", "close": 249.217743, "volume": 2140793, "typical_volume": 1582123.85, "trend": 207.979736, "fair_value": 159.828237, "relative_strength": 27.219702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.435616, "energy": 55.536962, "activity_lines": [ 246.865127, 244.508884, 232.123777, 221.636737 ] }, { "date": "2024-01-26", "close": 244.034012, "volume": 969121, "typical_volume": 1533368.15, "trend": 210.598961, "fair_value": 160.60792, "relative_strength": 21.778687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.723954, "energy": 46.909959, "activity_lines": [ 245.469507, 245.426006, 234.382402, 223.962819 ] }, { "date": "2024-02-02", "close": 242.638397, "volume": 1305750, "typical_volume": 1555311.7, "trend": 212.718973, "fair_value": 161.360493, "relative_strength": 22.721143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.179163, "energy": 40.635124, "activity_lines": [ 244.153639, 245.585506, 236.244178, 226.02988 ] }, { "date": "2024-02-09", "close": 245.429642, "volume": 1138554, "typical_volume": 1579433.15, "trend": 214.932027, "fair_value": 162.124758, "relative_strength": 20.306728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.600159, "energy": 39.619665, "activity_lines": [ 244.672014, 245.774008, 238.12779, 228.140245 ] }, { "date": "2024-02-16", "close": 251.012115, "volume": 2742154, "typical_volume": 1680885.1, "trend": 216.852665, "fair_value": 162.925545, "relative_strength": 19.391211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.093192, "energy": 44.044422, "activity_lines": [ 246.798673, 246.665755, 240.273437, 230.467993 ] }, { "date": "2024-02-23", "close": 254.800217, "volume": 2697333, "typical_volume": 1781473.35, "trend": 219.132177, "fair_value": 163.745854, "relative_strength": 18.897842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.097784, "energy": 46.38881, "activity_lines": [ 249.576618, 247.930874, 242.513073, 232.916222 ] }, { "date": "2024-03-01", "close": 263.17392, "volume": 4284158, "typical_volume": 1906214.1, "trend": 222.13608, "fair_value": 164.625749, "relative_strength": 21.834051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.679052, "energy": 53.459427, "activity_lines": [ 254.773633, 250.70761, 245.228358, 235.757625 ] }, { "date": "2024-03-08", "close": 292.880676, "volume": 1669398, "typical_volume": 1672409.6, "trend": 225.784628, "fair_value": 165.750792, "relative_strength": 34.66886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.613577, "energy": 82.463216, "activity_lines": [ 268.596906, 258.6862, 250.440568, 240.321792 ] }, { "date": "2024-03-15", "close": 323.983063, "volume": 5852784, "typical_volume": 1850072.8, "trend": 230.303776, "fair_value": 167.126725, "relative_strength": 45.224112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.541081, "energy": 96.982301, "activity_lines": [ 289.438155, 271.652773, 258.312051, 246.657175 ] }, { "date": "2024-03-22", "close": 347.708588, "volume": 1798815, "typical_volume": 1849958.2, "trend": 235.480859, "fair_value": 168.683465, "relative_strength": 52.255229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.334896, "energy": 98.201507, "activity_lines": [ 312.951018, 287.435958, 267.930431, 254.231679 ] }, { "date": "2024-03-29", "close": 337.93927, "volume": 853476, "typical_volume": 1829638.65, "trend": 240.332298, "fair_value": 170.130096, "relative_strength": 48.952443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.148366, "energy": 93.462993, "activity_lines": [ 326.761011, 299.518037, 275.987998, 260.841899 ] }, { "date": "2024-04-05", "close": 362.661652, "volume": 889583, "typical_volume": 1830073.15, "trend": 246.134087, "fair_value": 171.761719, "relative_strength": 55.546661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.05312, "energy": 95.51737, "activity_lines": [ 343.269194, 314.481975, 285.796259, 268.734116 ] }, { "date": "2024-04-19", "close": 435.034485, "volume": 1957224, "typical_volume": 1885515.95, "trend": 254.255262, "fair_value": 173.974095, "relative_strength": 85.454119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.025483, "energy": 98.633274, "activity_lines": [ 377.269139, 340.447745, 301.80031, 280.921238 ] }, { "date": "2024-04-26", "close": 418.685822, "volume": 2924425, "typical_volume": 1947766.3, "trend": 261.917878, "fair_value": 176.01336, "relative_strength": 78.290871, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.106694, "energy": 86.012457, "activity_lines": [ 396.342609, 359.942919, 315.205853, 291.529662 ] }, { "date": "2024-05-03", "close": 406.600006, "volume": 1249612, "typical_volume": 1946760.65, "trend": 268.971613, "fair_value": 177.919035, "relative_strength": 68.550292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.685628, "energy": 69.090741, "activity_lines": [ 405.073956, 374.09056, 326.553687, 300.863992 ] }, { "date": "2024-05-10", "close": 406.200012, "volume": 3247784, "typical_volume": 2007583.55, "trend": 276.271201, "fair_value": 179.79019, "relative_strength": 66.160182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.946335, "energy": 67.616832, "activity_lines": [ 409.745878, 385.336604, 337.039935, 309.717438 ] }, { "date": "2024-05-17", "close": 459.600006, "volume": 3220447, "typical_volume": 2117845.6, "trend": 285.144768, "fair_value": 182.065067, "relative_strength": 85.141905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.267823, "energy": 71.484315, "activity_lines": [ 427.667082, 403.539014, 351.888096, 321.545102 ] }, { "date": "2024-05-24", "close": 480.200012, "volume": 1994861, "typical_volume": 2156228.55, "trend": 293.508758, "fair_value": 184.469381, "relative_strength": 92.022655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.767913, "energy": 71.545635, "activity_lines": [ 445.992397, 421.915497, 367.710583, 334.129312 ] }, { "date": "2024-05-31", "close": 447.0, "volume": 2058691, "typical_volume": 2191787.45, "trend": 301.198058, "fair_value": 186.569626, "relative_strength": 82.138768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.256057, "energy": 64.241493, "activity_lines": [ 450.240006, 430.849807, 379.304478, 344.031972 ] }, { "date": "2024-06-07", "close": 382.200012, "volume": 2043333, "typical_volume": 2251914.8, "trend": 306.760587, "fair_value": 188.122248, "relative_strength": 52.302043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.349465, "energy": 53.372726, "activity_lines": [ 431.000008, 425.76563, 383.749048, 349.257905 ] }, { "date": "2024-06-14", "close": 331.799988, "volume": 3323949, "typical_volume": 2311072.6, "trend": 310.782678, "fair_value": 189.253569, "relative_strength": 31.133728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.351184, "energy": 26.563723, "activity_lines": [ 396.586668, 410.890696, 382.725239, 350.87335 ] }, { "date": "2024-06-28", "close": 354.200012, "volume": 2184930, "typical_volume": 2371863.05, "trend": 315.378645, "fair_value": 190.542213, "relative_strength": 35.260607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.524297, "energy": 26.427714, "activity_lines": [ 374.600004, 400.200116, 383.441517, 353.674469 ] }, { "date": "2024-07-05", "close": 360.0, "volume": 856293, "typical_volume": 2349390.2, "trend": 320.167945, "fair_value": 191.855839, "relative_strength": 36.257041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.064133, "energy": 28.201231, "activity_lines": [ 361.573336, 390.717928, 384.185575, 356.553266 ] }, { "date": "2024-07-12", "close": 371.600006, "volume": 1061601, "typical_volume": 2345542.55, "trend": 324.945163, "fair_value": 193.238486, "relative_strength": 37.066518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.261209, "energy": 21.291872, "activity_lines": [ 360.42667, 384.709095, 385.47553, 359.871463 ] }, { "date": "2024-07-19", "close": 392.399994, "volume": 3174696, "typical_volume": 2367169.65, "trend": 330.236278, "fair_value": 194.758803, "relative_strength": 38.101361, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.011205, "energy": 15.524452, "activity_lines": [ 371.24, 383.338184, 388.145625, 364.223388 ] }, { "date": "2024-07-26", "close": 383.200012, "volume": 699036, "typical_volume": 2267254.8, "trend": 334.536209, "fair_value": 196.186388, "relative_strength": 34.83818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.680536, "energy": 11.261971, "activity_lines": [ 378.306671, 380.552731, 389.266256, 367.640403 ] }, { "date": "2024-08-02", "close": 398.0, "volume": 652567, "typical_volume": 2085675.25, "trend": 339.395931, "fair_value": 197.703784, "relative_strength": 37.955877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.925503, "energy": 24.149311, "activity_lines": [ 386.880003, 380.876367, 391.184982, 371.734841 ] }, { "date": "2024-08-09", "close": 382.0, "volume": 1149070, "typical_volume": 2059658.85, "trend": 343.589403, "fair_value": 199.079129, "relative_strength": 34.865587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.499112, "energy": 22.696866, "activity_lines": [ 387.200002, 379.410911, 390.93787, 374.483491 ] }, { "date": "2024-08-16", "close": 397.0, "volume": 903406, "typical_volume": 1812189.95, "trend": 348.768019, "fair_value": 200.545209, "relative_strength": 35.304566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.627272, "energy": 23.68451, "activity_lines": [ 391.053335, 382.458184, 391.694951, 377.929336 ] }, { "date": "2024-08-23", "close": 417.200012, "volume": 1142508, "typical_volume": 1779374.6, "trend": 354.613322, "fair_value": 202.138259, "relative_strength": 36.988756, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.056524, "energy": 36.832864, "activity_lines": [ 399.946671, 390.087276, 394.028143, 382.344303 ] }, { "date": "2024-08-30", "close": 421.200012, "volume": 952665, "typical_volume": 1784334.05, "trend": 360.346065, "fair_value": 203.73725, "relative_strength": 36.941302, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.627412, "energy": 48.753927, "activity_lines": [ 408.520007, 397.807278, 396.411376, 386.640218 ] }, { "date": "2024-09-06", "close": 414.0, "volume": 757109, "typical_volume": 1777710.35, "trend": 366.011598, "fair_value": 205.260893, "relative_strength": 33.351752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.929197, "energy": 55.071183, "activity_lines": [ 412.160006, 402.592732, 397.712414, 390.101763 ] }, { "date": "2024-09-13", "close": 385.799988, "volume": 1578491, "typical_volume": 1758773.7, "trend": 370.783651, "fair_value": 206.559736, "relative_strength": 25.475433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.209359, "energy": 40.541883, "activity_lines": [ 405.333333, 401.163638, 396.083268, 391.378433 ] }, { "date": "2024-09-20", "close": 404.799988, "volume": 596894, "typical_volume": 1642397.15, "trend": 376.095996, "fair_value": 207.975737, "relative_strength": 27.485809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.072361, "energy": 31.560013, "activity_lines": [ 404.586662, 402.719999, 396.498096, 393.573035 ] }, { "date": "2024-09-27", "close": 485.0, "volume": 1723580, "typical_volume": 1666095.55, "trend": 383.895592, "fair_value": 209.940448, "relative_strength": 46.750774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.975239, "energy": 68.635296, "activity_lines": [ 430.053329, 418.254544, 404.617144, 400.5991 ] }, { "date": "2024-10-04", "close": 476.0, "volume": 1108577, "typical_volume": 1559135.2, "trend": 391.268918, "fair_value": 211.814107, "relative_strength": 46.664556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.749339, "energy": 79.283779, "activity_lines": [ 447.999996, 430.46909, 411.505715, 406.54132 ] }, { "date": "2024-10-11", "close": 480.0, "volume": 1761943, "typical_volume": 1486210.0, "trend": 398.496454, "fair_value": 213.689533, "relative_strength": 45.142946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.092571, "energy": 85.44655, "activity_lines": [ 463.626664, 441.723635, 418.442858, 412.265906 ] }, { "date": "2024-10-18", "close": 452.399994, "volume": 3817998, "typical_volume": 1577366.85, "trend": 403.813764, "fair_value": 215.347245, "relative_strength": 35.842355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.72763, "energy": 79.200253, "activity_lines": [ 465.653331, 446.469089, 422.654285, 415.743554 ] }, { "date": "2024-10-25", "close": 430.799988, "volume": 646868, "typical_volume": 1506775.7, "trend": 407.374329, "fair_value": 216.833126, "relative_strength": 28.006931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.596126, "energy": 56.875652, "activity_lines": [ 456.039994, 446.007268, 424.940951, 417.4846 ] }, { "date": "2024-11-01", "close": 460.200012, "volume": 774042, "typical_volume": 1443311.15, "trend": 411.124043, "fair_value": 218.500022, "relative_strength": 33.673667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.441966, "energy": 43.267544, "activity_lines": [ 454.493333, 450.276362, 430.104761, 420.892709 ] }, { "date": "2024-11-08", "close": 441.200012, "volume": 713670, "typical_volume": 1312797.2, "trend": 414.566067, "fair_value": 220.014988, "relative_strength": 25.690475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.577527, "energy": 26.429562, "activity_lines": [ 448.266671, 450.309091, 433.08762, 422.833094 ] }, { "date": "2024-11-15", "close": 391.200012, "volume": 1741757, "typical_volume": 1290638.55, "trend": 415.517346, "fair_value": 221.171644, "relative_strength": 13.649161, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.677206, "energy": 15.074603, "activity_lines": [ 427.693341, 440.887276, 430.787621, 421.325607 ] }, { "date": "2024-11-22", "close": 390.0, "volume": 613187, "typical_volume": 1278483.25, "trend": 414.016197, "fair_value": 222.30472, "relative_strength": 11.83667, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.396638, "energy": 19.457548, "activity_lines": [ 412.640006, 431.661821, 428.197144, 419.679326 ] }, { "date": "2024-11-29", "close": 364.200012, "volume": 1178633, "typical_volume": 1284334.85, "trend": 412.200003, "fair_value": 223.250688, "relative_strength": 5.415615, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.826933, "energy": 36.042012, "activity_lines": [ 393.146675, 417.669096, 423.006669, 416.465379 ] }, { "date": "2024-12-06", "close": 394.799988, "volume": 1011326, "typical_volume": 1176166.35, "trend": 411.806669, "fair_value": 224.386777, "relative_strength": 10.51891, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.807786, "energy": 31.534708, "activity_lines": [ 388.293335, 409.978184, 420.765716, 415.342797 ] }, { "date": "2024-12-13", "close": 381.399994, "volume": 911928, "typical_volume": 1186810.95, "trend": 410.980002, "fair_value": 225.419758, "relative_strength": 4.544546, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.246183, "energy": 43.546654, "activity_lines": [ 383.333331, 401.49091, 417.237143, 413.381076 ] }, { "date": "2024-12-20", "close": 377.600006, "volume": 1312793, "typical_volume": 1219822.25, "trend": 408.246668, "fair_value": 226.4144, "relative_strength": 4.574209, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.400828, "energy": 41.943586, "activity_lines": [ 381.093333, 394.032729, 413.355239, 411.227528 ] }, { "date": "2024-12-27", "close": 388.799988, "volume": 390294, "typical_volume": 1181883.45, "trend": 405.200001, "fair_value": 227.468852, "relative_strength": 7.244342, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.618759, "energy": 25.484484, "activity_lines": [ 383.493329, 390.472727, 410.637143, 409.972904 ] }, { "date": "2025-01-03", "close": 400.200012, "volume": 682219, "typical_volume": 1170824.1, "trend": 403.640001, "fair_value": 228.583247, "relative_strength": 7.403715, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.34698, "energy": 21.579122, "activity_lines": [ 389.773334, 390.14182, 408.972382, 409.650324 ] }, { "date": "2025-01-10", "close": 401.799988, "volume": 352217, "typical_volume": 1131309.55, "trend": 404.293334, "fair_value": 229.693611, "relative_strength": 7.090505, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.960577, "energy": 12.33152, "activity_lines": [ 394.186664, 390.65818, 407.444762, 409.531613 ] }, { "date": "2025-01-17", "close": 398.399994, "volume": 398776, "typical_volume": 1103615.1, "trend": 406.513334, "fair_value": 231.753385, "relative_strength": 3.999519, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.53806, "energy": 9.618389, "activity_lines": [ 396.999996, 391.618179, 405.666666, 409.151398 ] }, { "date": "2025-01-24", "close": 420.799988, "volume": 1219065, "typical_volume": 1126712.9, "trend": 408.733333, "fair_value": 233.919425, "relative_strength": 8.038332, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.739678, "energy": 12.697965, "activity_lines": [ 406.146659, 397.429086, 406.130474, 410.073117 ] }, { "date": "2025-01-31", "close": 409.0, "volume": 465664, "typical_volume": 1071071.55, "trend": 410.366667, "fair_value": 236.010456, "relative_strength": 3.723241, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.508824, "energy": 17.97647, "activity_lines": [ 408.479995, 400.556359, 405.438094, 410.090321 ] }, { "date": "2025-02-07", "close": 394.799988, "volume": 785394, "typical_volume": 1080496.55, "trend": 411.139999, "fair_value": 237.944038, "relative_strength": -0.726071, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.227565, "energy": 18.168728, "activity_lines": [ 404.733325, 400.756358, 403.282854, 409.08602 ] }, { "date": "2025-02-14", "close": 393.0, "volume": 584801, "typical_volume": 1023557.6, "trend": 411.16, "fair_value": 239.836348, "relative_strength": -1.464462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.119675, "energy": 17.702316, "activity_lines": [ 400.746661, 400.072722, 401.003807, 407.915697 ] }, { "date": "2025-02-21", "close": 397.200012, "volume": 597927, "typical_volume": 998025.1, "trend": 411.626666, "fair_value": 241.766336, "relative_strength": -1.14221, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.974077, "energy": 19.812546, "activity_lines": [ 398.746667, 400.185453, 399.562856, 407.015053 ] }, { "date": "2025-02-28", "close": 371.600006, "volume": 1068234, "typical_volume": 963339.65, "trend": 410.746666, "fair_value": 243.515773, "relative_strength": -5.993702, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.460424, "energy": 53.044126, "activity_lines": [ 388.293337, 395.356363, 396.059047, 404.432688 ] }, { "date": "2025-03-07", "close": 344.799988, "volume": 1942743, "typical_volume": 869576.9, "trend": 409.506666, "fair_value": 245.093415, "relative_strength": -11.025307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.749483, "energy": 74.429386, "activity_lines": [ 372.186666, 385.763634, 390.519046, 400.178063 ] }, { "date": "2025-03-14", "close": 332.200012, "volume": 901586, "typical_volume": 882312.8, "trend": 407.346666, "fair_value": 246.591553, "relative_strength": -14.031253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.181897, "energy": 84.023328, "activity_lines": [ 356.160004, 374.68, 384.291428, 395.190537 ] }, { "date": "2025-03-21", "close": 324.399994, "volume": 557348, "typical_volume": 871478.1, "trend": 404.253333, "fair_value": 248.059302, "relative_strength": -16.5051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.226458, "energy": 89.119117, "activity_lines": [ 341.706667, 363.414545, 377.790475, 389.839139 ] }, { "date": "2025-03-28", "close": 343.200012, "volume": 449069, "typical_volume": 858248.05, "trend": 401.653333, "fair_value": 249.601383, "relative_strength": -13.765918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.809952, "energy": 83.392771, "activity_lines": [ 338.093337, 356.974548, 373.726667, 385.900215 ] }, { "date": "2025-04-04", "close": 340.0, "volume": 202525, "typical_volume": 781286.45, "trend": 399.186666, "fair_value": 251.062221, "relative_strength": -13.622673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.120287, "energy": 80.341638, "activity_lines": [ 337.013336, 350.956366, 369.824762, 381.922581 ] }, { "date": "2025-04-11", "close": 315.399994, "volume": 1000685, "typical_volume": 800661.35, "trend": 396.839999, "fair_value": 252.393201, "relative_strength": -17.249748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.53585, "energy": 71.385097, "activity_lines": [ 329.84, 341.934546, 363.823809, 376.516989 ] }, { "date": "2025-04-18", "close": 331.0, "volume": 589268, "typical_volume": 771193.1, "trend": 394.38, "fair_value": 253.759655, "relative_strength": -13.541351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.854385, "energy": 51.911477, "activity_lines": [ 329.826666, 337.45091, 359.663809, 372.269247 ] }, { "date": "2025-04-25", "close": 329.200012, "volume": 581720, "typical_volume": 749712.8, "trend": 389.186667, "fair_value": 255.023473, "relative_strength": -15.221535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.997023, "energy": 51.826189, "activity_lines": [ 329.293337, 333.800003, 355.490477, 368.064086 ] }, { "date": "2025-05-02", "close": 314.0, "volume": 745697, "typical_volume": 741401.25, "trend": 383.786667, "fair_value": 256.143043, "relative_strength": -17.25405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.685214, "energy": 57.275505, "activity_lines": [ 323.373336, 328.545457, 350.181906, 363.213334 ] }, { "date": "2025-05-09", "close": 299.399994, "volume": 1867317, "typical_volume": 769127.45, "trend": 377.766667, "fair_value": 257.171552, "relative_strength": -19.545572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.837389, "energy": 60.348448, "activity_lines": [ 314.533333, 322.149092, 343.80381, 357.769032 ] }, { "date": "2025-05-16", "close": 292.799988, "volume": 984457, "typical_volume": 798835.6, "trend": 372.446666, "fair_value": 258.191916, "relative_strength": -21.799893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.400825, "energy": 73.410356, "activity_lines": [ 306.199996, 315.865453, 337.169523, 352.287311 ] }, { "date": "2025-05-23", "close": 272.200012, "volume": 2104509, "typical_volume": 869950.1, "trend": 367.160001, "fair_value": 259.042271, "relative_strength": -24.78414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.568115, "energy": 86.086208, "activity_lines": [ 292.506667, 306.781819, 329.030477, 345.819785 ] }, { "date": "2025-05-30", "close": 259.0, "volume": 2489468, "typical_volume": 976812.65, "trend": 360.453334, "fair_value": 259.797889, "relative_strength": -26.419867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.466271, "energy": 91.79336, "activity_lines": [ 278.333333, 296.389091, 320.24381, 338.84172 ] }, { "date": "2025-06-06", "close": 269.799988, "volume": 1334281, "typical_volume": 1023587.9, "trend": 354.739999, "fair_value": 260.712569, "relative_strength": -22.785139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.076759, "energy": 88.378349, "activity_lines": [ 272.439996, 289.149089, 313.165714, 332.993117 ] }, { "date": "2025-06-13", "close": 251.800003, "volume": 916754, "typical_volume": 1008472.35, "trend": 350.093332, "fair_value": 261.433421, "relative_strength": -26.410854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.834481, "energy": 92.291798, "activity_lines": [ 263.493332, 279.970908, 304.985714, 326.351827 ] }, { "date": "2025-06-20", "close": 239.0, "volume": 2696618, "typical_volume": 1120020.05, "trend": 345.059999, "fair_value": 262.01655, "relative_strength": -28.359801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.457038, "energy": 91.710288, "activity_lines": [ 253.453333, 270.06909, 296.391428, 319.184516 ] }, { "date": "2025-06-27", "close": 244.440781, "volume": 1932879, "typical_volume": 1177394.3, "trend": 341.068025, "fair_value": 262.634557, "relative_strength": -29.40767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.662124, "energy": 83.187448, "activity_lines": [ 248.813593, 262.545596, 289.124836, 312.692953 ] }, { "date": "2025-07-04", "close": 246.0, "volume": 3937682, "typical_volume": 1345038.35, "trend": 336.108025, "fair_value": 263.357451, "relative_strength": -29.681435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.120278, "energy": 66.717585, "activity_lines": [ 246.544208, 256.8794, 282.722737, 306.559532 ] }, { "date": "2025-07-11", "close": 246.0, "volume": 3612011, "typical_volume": 1495742.55, "trend": 331.594692, "fair_value": 264.037327, "relative_strength": -29.461028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.916884, "energy": 65.318318, "activity_lines": [ 245.14149, 252.725931, 277.020638, 300.746111 ] }, { "date": "2025-07-18", "close": 236.199997, "volume": 1814320, "typical_volume": 1533046.85, "trend": 326.881358, "fair_value": 264.606304, "relative_strength": -30.143817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.533745, "energy": 65.834834, "activity_lines": [ 242.05877, 248.027008, 271.105205, 294.591615 ] }, { "date": "2025-07-25", "close": 227.0, "volume": 2109237, "typical_volume": 1541371.55, "trend": 321.488025, "fair_value": 265.122895, "relative_strength": -32.015988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.083967, "energy": 66.483427, "activity_lines": [ 236.949385, 242.804448, 264.958345, 288.147656 ] }, { "date": "2025-08-01", "close": 220.0, "volume": 2514059, "typical_volume": 1621995.2, "trend": 315.481358, "fair_value": 265.586984, "relative_strength": -33.417127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.828056, "energy": 67.3599, "activity_lines": [ 230.306666, 237.505525, 258.705769, 281.600042 ] }, { "date": "2025-08-08", "close": 217.399994, "volume": 1717103, "typical_volume": 1679982.95, "trend": 309.334692, "fair_value": 265.874168, "relative_strength": -33.723018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.365588, "energy": 67.46316, "activity_lines": [ 224.426664, 232.682964, 252.73986, 275.272212 ] }, { "date": "2025-08-15", "close": 228.5, "volume": 1544178, "typical_volume": 1734738.4, "trend": 303.671359, "fair_value": 266.227419, "relative_strength": -29.162142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.675392, "energy": 62.317694, "activity_lines": [ 224.153332, 230.63495, 248.340619, 270.05707 ] }, { "date": "2025-08-22", "close": 226.199997, "volume": 1183412, "typical_volume": 1783782.75, "trend": 297.184692, "fair_value": 266.5761, "relative_strength": -29.479489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.013847, "energy": 59.890101, "activity_lines": [ 224.279998, 228.919663, 244.268519, 265.058918 ] }, { "date": "2025-08-29", "close": 212.5, "volume": 1667992, "typical_volume": 1817148.1, "trend": 290.634692, "fair_value": 266.830602, "relative_strength": -32.263552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.320643, "energy": 62.40458, "activity_lines": [ 220.506665, 225.178922, 239.433563, 259.595389 ] }, { "date": "2025-09-05", "close": 211.699997, "volume": 983974, "typical_volume": 1836883.4, "trend": 284.531359, "fair_value": 267.074889, "relative_strength": -31.385106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.844396, "energy": 61.08492, "activity_lines": [ 217.433331, 221.774544, 235.012417, 254.502828 ] }, { "date": "2025-09-12", "close": 202.199997, "volume": 1008998, "typical_volume": 1858247.3, "trend": 278.171359, "fair_value": 267.258278, "relative_strength": -32.601901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.903579, "energy": 66.140088, "activity_lines": [ 211.746664, 217.23818, 230.254603, 249.191128 ] }, { "date": "2025-09-19", "close": 212.5, "volume": 1645701, "typical_volume": 1903247.5, "trend": 272.014692, "fair_value": 267.526769, "relative_strength": -30.680407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.358036, "energy": 66.257454, "activity_lines": [ 210.506665, 215.370907, 227.082504, 244.954266 ] }, { "date": "2025-09-26", "close": 220.800003, "volume": 1202510, "typical_volume": 1870007.15, "trend": 266.988025, "fair_value": 267.919682, "relative_strength": -30.406559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.575249, "energy": 55.657614, "activity_lines": [ 213.1, 215.621817, 225.184215, 241.650092 ] }, { "date": "2025-10-03", "close": 209.199997, "volume": 2153789, "typical_volume": 1928473.75, "trend": 262.468026, "fair_value": 268.249682, "relative_strength": -34.163694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.27208, "energy": 56.419217, "activity_lines": [ 212.186666, 214.043635, 222.55545, 237.921832 ] }, { "date": "2025-10-10", "close": 214.100006, "volume": 4041561, "typical_volume": 2025326.35, "trend": 258.531359, "fair_value": 268.667048, "relative_strength": -32.114001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.580113, "energy": 47.649712, "activity_lines": [ 213.126668, 213.68, 220.791447, 234.801315 ] }, { "date": "2025-10-17", "close": 234.800003, "volume": 4184529, "typical_volume": 2110079.4, "trend": 255.544692, "fair_value": 269.103923, "relative_strength": -25.326418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.778476, "energy": 24.762877, "activity_lines": [ 220.806669, 217.187274, 221.275538, 233.27026 ] }, { "date": "2025-10-24", "close": 239.100006, "volume": 3825747, "typical_volume": 2234652.7, "trend": 252.074692, "fair_value": 269.586166, "relative_strength": -22.5355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.470084, "energy": 16.145704, "activity_lines": [ 227.74667, 221.160002, 222.284393, 232.209312 ] }, { "date": "2025-10-31", "close": 241.699997, "volume": 2273549, "typical_volume": 2302492.45, "trend": 248.798026, "fair_value": 270.119412, "relative_strength": -20.987079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.450943, "energy": 20.756919, "activity_lines": [ 233.780002, 225.412729, 223.687055, 231.539977 ] }, { "date": "2025-11-07", "close": 220.0, "volume": 3069027, "typical_volume": 2321112.9, "trend": 245.618026, "fair_value": 270.43598, "relative_strength": -24.901243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.50926, "energy": 20.682677, "activity_lines": [ 231.186668, 225.438183, 223.071147, 229.68204 ] }, { "date": "2025-11-14", "close": 216.899994, "volume": 1324106, "typical_volume": 2290674.25, "trend": 241.814692, "fair_value": 270.707241, "relative_strength": -24.360588, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.709339, "energy": 15.030512, "activity_lines": [ 226.839998, 224.763636, 222.250476, 227.829264 ] }, { "date": "2025-11-21", "close": 210.0, "volume": 1399470, "typical_volume": 2163763.65, "trend": 237.841358, "fair_value": 270.959707, "relative_strength": -24.875063, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.396093, "energy": 25.936171, "activity_lines": [ 220.006665, 222.74, 220.903809, 225.776703 ] }, { "date": "2025-11-28", "close": 191.0, "volume": 1858585, "typical_volume": 2076092.35, "trend": 233.741358, "fair_value": 271.222637, "relative_strength": -28.574817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.188958, "energy": 61.050569, "activity_lines": [ 208.493332, 217.12, 217.919047, 222.75468 ] }, { "date": "2025-12-05", "close": 192.0, "volume": 1798975, "typical_volume": 2075325.1, "trend": 230.161359, "fair_value": 271.533945, "relative_strength": -27.266972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.160733, "energy": 74.741373, "activity_lines": [ 200.519999, 212.072727, 215.291428, 220.061689 ] }, { "date": "2025-12-12", "close": 194.5, "volume": 1683841, "typical_volume": 2054055.3, "trend": 226.884692, "fair_value": 271.881627, "relative_strength": -26.173367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.937341, "energy": 75.001033, "activity_lines": [ 196.693333, 208.003636, 213.112381, 217.760956 ] }, { "date": "2025-12-19", "close": 184.0, "volume": 1315242, "typical_volume": 1994114.45, "trend": 223.944692, "fair_value": 272.206511, "relative_strength": -27.581865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.253022, "energy": 80.758716, "activity_lines": [ 191.066667, 202.292727, 210.088095, 214.994202 ] }, { "date": "2025-12-26", "close": 185.899994, "volume": 840343, "typical_volume": 1950276.45, "trend": 221.508025, "fair_value": 272.557563, "relative_strength": -26.481688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.759387, "energy": 75.824992, "activity_lines": [ 188.266665, 197.474544, 207.41619, 212.539705 ] }, { "date": "2026-01-02", "close": 184.0, "volume": 1003550, "typical_volume": 1923245.05, "trend": 218.648026, "fair_value": 272.789611, "relative_strength": -26.471946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.683433, "energy": 69.190117, "activity_lines": [ 186.439998, 193.199999, 204.713333, 210.119832 ] }, { "date": "2026-01-09", "close": 170.800003, "volume": 2285822, "typical_volume": 1978365.55, "trend": 215.948026, "fair_value": 272.935772, "relative_strength": -30.297266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.71831, "energy": 77.345996, "activity_lines": [ 180.68, 187.527272, 200.965238, 207.032863 ] }, { "date": "2026-01-16", "close": 176.800003, "volume": 2749573, "typical_volume": 2032444.6, "trend": 213.874692, "fair_value": 273.10259, "relative_strength": -29.209731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.61187, "energy": 74.289256, "activity_lines": [ 178.333334, 184.234546, 198.052381, 204.507184 ] }, { "date": "2026-01-23", "close": 179.699997, "volume": 2560789, "typical_volume": 2111285.35, "trend": 211.716666, "fair_value": 273.262563, "relative_strength": -29.02643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.222575, "energy": 67.133749, "activity_lines": [ 178.133333, 182.254545, 195.585714, 202.302365 ] }, { "date": "2026-01-30", "close": 187.300003, "volume": 3572398, "typical_volume": 2239455.35, "trend": 209.76, "fair_value": 273.434374, "relative_strength": -26.616729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.042053, "energy": 51.355225, "activity_lines": [ 180.753335, 182.332728, 193.995238, 200.727097 ] }, { "date": "2026-02-06", "close": 187.199997, "volume": 3141450, "typical_volume": 2314242.8, "trend": 207.8, "fair_value": 273.605543, "relative_strength": -24.414758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.427998, "energy": 39.59354, "activity_lines": [ 183.246666, 182.805454, 192.46619, 199.271613 ] }, { "date": "2026-02-13", "close": 184.100006, "volume": 1910020, "typical_volume": 2349618.3, "trend": 206.063333, "fair_value": 273.796265, "relative_strength": -25.08277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.501009, "energy": 31.275558, "activity_lines": [ 184.493335, 182.783637, 190.762381, 197.742581 ] }, { "date": "2026-02-20", "close": 174.100006, "volume": 983976, "typical_volume": 2291127.65, "trend": 204.3, "fair_value": 273.97121, "relative_strength": -26.130026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.733022, "energy": 36.907276, "activity_lines": [ 181.520003, 181.087275, 188.280953, 195.680431 ] }, { "date": "2026-02-27", "close": 165.899994, "volume": 1539868, "typical_volume": 2166043.0, "trend": 202.496666, "fair_value": 274.117754, "relative_strength": -27.053804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.480181, "energy": 53.378579, "activity_lines": [ 175.993334, 178.27091, 185.185715, 193.203011 ] }, { "date": "2026-03-06", "close": 170.399994, "volume": 1959634, "typical_volume": 2054798.25, "trend": 200.93, "fair_value": 274.274068, "relative_strength": -24.629722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.377942, "energy": 54.096967, "activity_lines": [ 172.886665, 176.601818, 182.748571, 191.132258 ] }, { "date": "2026-03-13", "close": 167.600006, "volume": 1517648, "typical_volume": 1939393.3, "trend": 198.9, "fair_value": 274.465846, "relative_strength": -25.783434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.064305, "energy": 68.20494, "activity_lines": [ 169.973334, 174.705455, 180.351429, 188.981936 ] }, { "date": "2026-03-20", "close": 169.800003, "volume": 746185, "typical_volume": 1863025.1, "trend": 197.02, "fair_value": 274.667911, "relative_strength": -24.325777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.197629, "energy": 66.621954, "activity_lines": [ 169.100001, 173.507274, 178.504286, 187.104517 ] }, { "date": "2026-03-27", "close": 166.899994, "volume": 1101579, "typical_volume": 1764652.7, "trend": 195.5, "fair_value": 274.85393, "relative_strength": -25.64336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.779202, "energy": 51.536343, "activity_lines": [ 168.213332, 171.8, 176.723333, 185.16129 ] }, { "date": "2026-04-03", "close": 169.5, "volume": 1457886, "typical_volume": 1771341.7, "trend": 194.093333, "fair_value": 275.089681, "relative_strength": -24.707323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.110314, "energy": 45.781185, "activity_lines": [ 168.673333, 170.745454, 175.442857, 183.483871 ] }, { "date": "2026-04-10", "close": 169.800003, "volume": 1508467, "typical_volume": 1776791.55, "trend": 193.013334, "fair_value": 275.293018, "relative_strength": -24.16247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.906582, "energy": 40.693833, "activity_lines": [ 168.993334, 169.930909, 174.416667, 181.916559 ] }, { "date": "2026-04-17", "close": 176.100006, "volume": 2097162, "typical_volume": 1788720.4, "trend": 191.8, "fair_value": 275.527837, "relative_strength": -21.762846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.682869, "energy": 29.390688, "activity_lines": [ 171.453336, 170.580001, 174.181906, 180.825377 ] }, { "date": "2026-04-24", "close": 169.600006, "volume": 1402248, "typical_volume": 1768884.05, "trend": 190.093334, "fair_value": 275.680295, "relative_strength": -20.639155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.471653, "energy": 26.691169, "activity_lines": [ 171.180004, 170.249093, 173.399049, 179.393119 ] }, { "date": "2026-05-01", "close": 168.199997, "volume": 987634, "typical_volume": 1734073.7, "trend": 188.726667, "fair_value": 275.819962, "relative_strength": -20.881156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.227494, "energy": 27.801845, "activity_lines": [ 170.453336, 169.927274, 172.589525, 177.980646 ] }, { "date": "2026-05-08", "close": 182.100006, "volume": 2493175, "typical_volume": 1792970.35, "trend": 187.660001, "fair_value": 275.99532, "relative_strength": -12.255167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.472413, "energy": 13.143714, "activity_lines": [ 174.273337, 172.240002, 173.229049, 177.553119 ] }, { "date": "2026-05-15", "close": 177.199997, "volume": 9628856, "typical_volume": 2232396.0, "trend": 185.74, "fair_value": 276.135452, "relative_strength": -13.508469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.657166, "energy": 13.279444, "activity_lines": [ 175.620001, 173.367274, 173.410954, 176.87828 ] }, { "date": "2026-05-22", "close": 184.699997, "volume": 12818253, "typical_volume": 2823131.15, "trend": 183.926667, "fair_value": 276.302042, "relative_strength": -9.401442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.238771, "energy": 10.502363, "activity_lines": [ 178.973333, 175.734546, 174.348572, 176.811183 ] }, { "date": "2026-05-29", "close": 184.699997, "volume": 0, "typical_volume": 2708840.05, "trend": 182.026667, "fair_value": 276.447012, "relative_strength": -8.754394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.406369, "energy": 18.374942, "activity_lines": [ 181.753332, 177.790909, 175.282858, 176.861076 ] }, { "date": "2026-06-05", "close": 189.5, "volume": 4721095, "typical_volume": 2807416.15, "trend": 181.01, "fair_value": 276.67998, "relative_strength": -5.345739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.387077, "energy": 41.716394, "activity_lines": [ 185.126665, 180.449091, 176.608096, 177.343226 ] }, { "date": "2026-06-12", "close": 199.5, "volume": 5440592, "typical_volume": 2951406.3, "trend": 180.43, "fair_value": 276.980865, "relative_strength": -0.272985, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.642892, "energy": 61.71845, "activity_lines": [ 190.413332, 184.514545, 178.825238, 178.536129 ] }, { "date": "2026-06-19", "close": 201.399994, "volume": 3457396, "typical_volume": 2945656.2, "trend": 180.143333, "fair_value": 277.32318, "relative_strength": 0.431268, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.029978, "energy": 65.568525, "activity_lines": [ 195.173331, 188.379999, 181.129047, 179.889032 ] }, { "date": "2026-06-26", "close": 198.5, "volume": 1900081, "typical_volume": 2883587.75, "trend": 180.393333, "fair_value": 277.608753, "relative_strength": 1.109998, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.319281, "energy": 72.612027, "activity_lines": [ 197.353332, 191.143635, 183.089523, 181.073333 ] }, { "date": "2026-07-03", "close": 194.300003, "volume": 1710189, "typical_volume": 2873596.2, "trend": 180.47, "fair_value": 277.867402, "relative_strength": 0.364481, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.872039, "energy": 65.237087, "activity_lines": [ 197.213333, 192.736363, 184.59619, 181.970538 ] }, { "date": "2026-07-10", "close": 192.0, "volume": 1733801, "typical_volume": 2911087.45, "trend": 180.386667, "fair_value": 278.037548, "relative_strength": -0.218665, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.007594, "energy": 46.353212, "activity_lines": [ 195.666667, 193.461818, 185.835238, 182.714409 ] }, { "date": "2026-07-17", "close": 183.699997, "volume": 1204032, "typical_volume": 2894295.65, "trend": 180.376667, "fair_value": 278.067432, "relative_strength": -3.295506, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.275196, "energy": 26.379516, "activity_lines": [ 191.186666, 192.245453, 186.198571, 182.928172 ] }, { "date": "2026-07-24", "close": 194.0, "volume": 1508545, "typical_volume": 2871741.2, "trend": 180.646667, "fair_value": 278.163343, "relative_strength": 1.742673, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.997604, "energy": 22.641985, "activity_lines": [ 191.193333, 192.872726, 187.458095, 183.807097 ] }, { "date": "2026-07-31", "close": 187.600006, "volume": 1127769, "typical_volume": 2852247.25, "trend": 180.766667, "fair_value": 278.126208, "relative_strength": 0.62361, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.988234, "energy": 19.069999, "activity_lines": [ 189.560002, 192.03091, 187.995714, 184.255699 ] }, { "date": "2026-08-07", "close": 193.0, "volume": 1889187, "typical_volume": 2909397.35, "trend": 181.506667, "fair_value": 278.168421, "relative_strength": 1.344567, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.778843, "energy": 18.442552, "activity_lines": [ 190.453335, 192.118182, 188.952381, 185.044946 ] } ], "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." } } }