{ "ticker": { "uuid": "3534ffff-6b81-4244-bcad-883230cde79c", "symbol": "FUL", "name": "H B Fuller Company", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 59.769, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -45.324, "architecture_energy": 38.779, "architecture_maturity": 5.021, "architecture_confidence": 93.973, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 36.46, "rotation_up": 16.54, "upward_expansion": 9.63, "deceleration": 39.2, "rotation_down": 57.67, "downward_expansion": 82.97 }, "activity_lines": [ 57.4664, 58.283831, 59.486856, 59.755196 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 61.07, "trend_reference": 60.300127, "distance_from_trend": 0.012767, "trend_direction": "Improving", "fair_value": 65.841867, "distance_from_fair_value": -0.072475, "fair_value_direction": "Improving", "relative_strength": -9.153346, "relative_strength_direction": "Weakening", "price_momentum": -0.071795, "excess_performance": -0.19742, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.012767, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.001085, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.072475, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.005002, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.091533, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.011021, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.071795, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.559325, "read": "Supply-led" } ], "volume": { "latest": 3605477, "relative_activity": 1.028066, "balance": 0.559325, "dry_up": 0.971918, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.080074, "annualized_volatility": 0.471402, "from_high_reference": -0.106554, "from_low_reference": 0.258822 }, "levels": { "trend_reference": 60.300127, "fair_value_reference": 65.841867, "structural_low": 48.513605, "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": 14, "median_return": -0.00164, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.01903, "regime_survival": 0.714286, "best_return": 0.065864, "worst_return": -0.120432, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.038551, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.003137, "regime_survival": 0.5, "best_return": 0.111468, "worst_return": -0.259379, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.031566, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.062328, "regime_survival": 0.25, "best_return": 0.052635, "worst_return": -0.268223, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.046964, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.04595, "regime_survival": 0.0, "best_return": 0.172811, "worst_return": -0.229706, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-06-07", "tenure": "Developing", "return": -0.011179, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-07-19", "tenure": "Developing", "return": 0.066555, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-09-27", "tenure": "Developing", "return": -0.057661, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": -0.034887, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": 0.04386, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-06-06", "tenure": "Extended", "return": -0.263503, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.149188, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.116994, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.086106, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.084656, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2026-01-09", "tenure": "Established", "return": 0.113416, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-05-08", "tenure": "Established", "return": 0.019474, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-24", "tenure": "Developing", "return": -0.044873, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.10434, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 67.021209, "volume": 1233764, "typical_volume": 1513357.5, "trend": 65.601451, "fair_value": 61.961881, "relative_strength": -6.460332, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.896016, "energy": 36.925843, "activity_lines": [ 68.759652, 68.377672, 66.547072, 65.865648 ] }, { "date": "2023-08-25", "close": 68.128599, "volume": 1132372, "typical_volume": 1488933.3, "trend": 65.69724, "fair_value": 62.104654, "relative_strength": -5.600591, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.185465, "energy": 26.050639, "activity_lines": [ 68.359707, 68.504347, 66.823427, 66.028689 ] }, { "date": "2023-09-01", "close": 70.304863, "volume": 1410667, "typical_volume": 1469122.05, "trend": 65.687649, "fair_value": 62.260601, "relative_strength": -4.987967, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.875905, "energy": 29.987057, "activity_lines": [ 68.851453, 68.95445, 67.27484, 66.325955 ] }, { "date": "2023-09-08", "close": 66.655288, "volume": 995232, "typical_volume": 1464935.75, "trend": 65.656865, "fair_value": 62.393213, "relative_strength": -8.658425, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.116975, "energy": 19.321531, "activity_lines": [ 68.126673, 68.565269, 67.345862, 66.388384 ] }, { "date": "2023-09-15", "close": 66.308627, "volume": 2253697, "typical_volume": 1511962.8, "trend": 65.574637, "fair_value": 62.522349, "relative_strength": -9.012839, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.663443, "energy": 15.353188, "activity_lines": [ 67.490486, 68.149647, 67.369034, 66.430433 ] }, { "date": "2023-09-22", "close": 64.141993, "volume": 1767316, "typical_volume": 1527236.6, "trend": 65.486882, "fair_value": 62.660695, "relative_strength": -9.220545, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.875919, "energy": 11.521704, "activity_lines": [ 66.309911, 67.340732, 67.172676, 66.338004 ] }, { "date": "2023-09-29", "close": 66.06789, "volume": 3023884, "typical_volume": 1627779.65, "trend": 65.384822, "fair_value": 62.808402, "relative_strength": -5.761298, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.492479, "energy": 17.917842, "activity_lines": [ 65.963249, 66.949775, 67.156915, 66.375489 ] }, { "date": "2023-10-06", "close": 69.033771, "volume": 1996064, "typical_volume": 1666807.4, "trend": 65.554265, "fair_value": 62.955962, "relative_strength": -1.869959, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.102979, "energy": 17.950133, "activity_lines": [ 66.742596, 67.180883, 67.407649, 66.610905 ] }, { "date": "2023-10-13", "close": 67.762679, "volume": 1510763, "typical_volume": 1675573.05, "trend": 65.749948, "fair_value": 63.092475, "relative_strength": -3.926862, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.494369, "energy": 11.12533, "activity_lines": [ 67.182984, 67.203994, 67.509382, 66.753383 ] }, { "date": "2023-10-20", "close": 64.691364, "volume": 1684523, "typical_volume": 1704025.65, "trend": 65.772092, "fair_value": 63.210318, "relative_strength": -5.868126, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.984118, "energy": 2.658845, "activity_lines": [ 66.525775, 66.704225, 67.289035, 66.685087 ] }, { "date": "2023-10-27", "close": 62.624486, "volume": 1357870, "typical_volume": 1710044.95, "trend": 65.675239, "fair_value": 63.340781, "relative_strength": -6.308547, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.489661, "energy": 24.099969, "activity_lines": [ 65.287424, 65.906563, 66.870612, 66.482016 ] }, { "date": "2023-11-03", "close": 67.724074, "volume": 1438967, "typical_volume": 1686079.85, "trend": 65.887186, "fair_value": 63.482676, "relative_strength": -3.992998, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.196733, "energy": 10.926153, "activity_lines": [ 65.850102, 66.116039, 66.939389, 66.614199 ] }, { "date": "2023-11-10", "close": 69.868219, "volume": 1902619, "typical_volume": 1700541.5, "trend": 66.102315, "fair_value": 63.622445, "relative_strength": -2.000771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.523392, "energy": 18.623633, "activity_lines": [ 67.017084, 66.722715, 67.195371, 66.87104 ] }, { "date": "2023-11-17", "close": 72.83332, "volume": 1726578, "typical_volume": 1637906.25, "trend": 66.412094, "fair_value": 63.777269, "relative_strength": 0.178323, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.203053, "energy": 47.322101, "activity_lines": [ 69.116802, 67.876438, 67.689801, 67.305298 ] }, { "date": "2023-11-24", "close": 73.837784, "volume": 1045679, "typical_volume": 1599963.7, "trend": 66.755356, "fair_value": 63.928831, "relative_strength": 0.914739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.589505, "energy": 67.434887, "activity_lines": [ 71.213299, 69.100464, 68.260057, 67.784375 ] }, { "date": "2023-12-01", "close": 74.26275, "volume": 1405191, "typical_volume": 1596488.7, "trend": 67.112463, "fair_value": 64.086172, "relative_strength": 1.014996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.853515, "energy": 76.833001, "activity_lines": [ 72.841691, 70.264863, 68.8351, 68.268723 ] }, { "date": "2023-12-08", "close": 76.146121, "volume": 1416865, "typical_volume": 1585733.25, "trend": 67.560196, "fair_value": 64.263968, "relative_strength": 3.633683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.738054, "energy": 83.251321, "activity_lines": [ 74.321988, 71.587679, 69.559075, 68.851539 ] }, { "date": "2023-12-15", "close": 78.985664, "volume": 2321408, "typical_volume": 1635207.5, "trend": 68.087537, "fair_value": 64.453739, "relative_strength": 5.2777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.053089, "energy": 87.349346, "activity_lines": [ 76.187329, 73.243534, 70.527179, 69.588666 ] }, { "date": "2023-12-22", "close": 79.545846, "volume": 1236305, "typical_volume": 1610532.3, "trend": 68.687325, "fair_value": 64.644347, "relative_strength": 5.291399, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.068936, "energy": 87.582403, "activity_lines": [ 77.631569, 74.820298, 71.507297, 70.327912 ] }, { "date": "2023-12-29", "close": 78.628306, "volume": 824651, "typical_volume": 1584220.75, "trend": 69.160503, "fair_value": 64.837696, "relative_strength": 3.91555, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.682629, "energy": 85.577037, "activity_lines": [ 78.32246, 76.015997, 72.353228, 70.969266 ] }, { "date": "2024-01-05", "close": 75.160973, "volume": 1654452, "typical_volume": 1605255.15, "trend": 69.567716, "fair_value": 64.989595, "relative_strength": 1.128989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.039442, "energy": 70.485796, "activity_lines": [ 77.538205, 76.327872, 72.822974, 71.356393 ] }, { "date": "2024-01-12", "close": 75.701838, "volume": 991425, "typical_volume": 1598207.8, "trend": 69.952628, "fair_value": 65.157358, "relative_strength": 0.248026, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.051294, "energy": 51.306519, "activity_lines": [ 76.874357, 76.510151, 73.30547, 71.752143 ] }, { "date": "2024-01-19", "close": 74.127534, "volume": 2216922, "typical_volume": 1638520.55, "trend": 70.402213, "fair_value": 65.316766, "relative_strength": -2.830352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.118913, "energy": 34.245413, "activity_lines": [ 75.71536, 76.261142, 73.601969, 72.021491 ] }, { "date": "2024-01-26", "close": 75.06439, "volume": 1464172, "typical_volume": 1661967.55, "trend": 70.615436, "fair_value": 65.493198, "relative_strength": -2.497251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.007764, "energy": 24.053626, "activity_lines": [ 75.192523, 76.105029, 73.969489, 72.322277 ] }, { "date": "2024-02-02", "close": 73.325894, "volume": 1470206, "typical_volume": 1622793.0, "trend": 70.84817, "fair_value": 65.630114, "relative_strength": -5.800195, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.988306, "energy": 24.201705, "activity_lines": [ 74.388952, 75.59226, 74.131395, 72.497145 ] }, { "date": "2024-02-09", "close": 74.868937, "volume": 1448525, "typical_volume": 1606853.45, "trend": 71.081446, "fair_value": 65.763166, "relative_strength": -4.914407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.234081, "energy": 21.921404, "activity_lines": [ 74.453222, 75.369352, 74.406842, 72.75655 ] }, { "date": "2024-02-16", "close": 74.859252, "volume": 1221035, "typical_volume": 1516711.0, "trend": 71.222666, "fair_value": 65.897598, "relative_strength": -4.352219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.329891, "energy": 18.224502, "activity_lines": [ 74.533734, 75.133662, 74.630286, 73.000279 ] }, { "date": "2024-02-23", "close": 76.302206, "volume": 971124, "typical_volume": 1465464.0, "trend": 71.422578, "fair_value": 66.049929, "relative_strength": -3.864214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.672387, "energy": 23.038903, "activity_lines": [ 75.151402, 75.183724, 74.94929, 73.327991 ] }, { "date": "2024-03-01", "close": 77.01884, "volume": 874565, "typical_volume": 1433654.1, "trend": 71.665957, "fair_value": 66.197183, "relative_strength": -3.629023, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.983681, "energy": 35.227516, "activity_lines": [ 75.86297, 75.412874, 75.301934, 73.68904 ] }, { "date": "2024-03-08", "close": 76.660523, "volume": 795515, "typical_volume": 1389203.7, "trend": 71.922108, "fair_value": 66.319796, "relative_strength": -3.646278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.33342, "energy": 36.440916, "activity_lines": [ 76.324802, 75.62282, 75.576375, 74.01127 ] }, { "date": "2024-03-15", "close": 77.144735, "volume": 1296044, "typical_volume": 1386112.4, "trend": 72.259559, "fair_value": 66.4514, "relative_strength": -2.86557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.601891, "energy": 47.431748, "activity_lines": [ 76.72573, 75.956583, 75.839936, 74.348214 ] }, { "date": "2024-03-22", "close": 78.142213, "volume": 1701374, "typical_volume": 1399232.75, "trend": 72.593346, "fair_value": 66.569335, "relative_strength": -3.588632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.216955, "energy": 55.584148, "activity_lines": [ 77.307431, 76.435637, 76.12935, 74.72774 ] }, { "date": "2024-03-29", "close": 77.222209, "volume": 1841140, "typical_volume": 1396158.8, "trend": 72.823924, "fair_value": 66.684437, "relative_strength": -4.888836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.570931, "energy": 39.9628, "activity_lines": [ 77.363599, 76.703048, 76.281535, 75.026377 ] }, { "date": "2024-04-05", "close": 75.21757, "volume": 1670679, "typical_volume": 1393363.85, "trend": 73.109334, "fair_value": 66.781823, "relative_strength": -6.446805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.317753, "energy": 29.677766, "activity_lines": [ 76.690221, 76.549711, 76.207783, 75.180805 ] }, { "date": "2024-04-12", "close": 73.522826, "volume": 1369085, "typical_volume": 1409534.15, "trend": 73.349807, "fair_value": 66.849184, "relative_strength": -7.058773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.493073, "energy": 9.119873, "activity_lines": [ 75.572013, 76.085454, 75.961273, 75.207482 ] }, { "date": "2024-04-19", "close": 74.520304, "volume": 1861947, "typical_volume": 1432371.95, "trend": 73.695751, "fair_value": 66.91682, "relative_strength": -2.741671, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.765354, "energy": 12.841884, "activity_lines": [ 74.995478, 75.798977, 75.811261, 75.282998 ] }, { "date": "2024-04-26", "close": 72.099279, "volume": 1352349, "typical_volume": 1429146.15, "trend": 73.896797, "fair_value": 66.976643, "relative_strength": -8.176824, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.006014, "energy": 27.731108, "activity_lines": [ 73.786896, 75.078652, 75.429449, 75.18 ] }, { "date": "2024-05-03", "close": 74.721778, "volume": 1493209, "typical_volume": 1387736.2, "trend": 74.086397, "fair_value": 67.037802, "relative_strength": -5.28164, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.185181, "energy": 22.037914, "activity_lines": [ 73.855343, 74.885326, 75.316669, 75.233225 ] }, { "date": "2024-05-10", "close": 77.334563, "volume": 1099313, "typical_volume": 1380886.6, "trend": 74.40546, "fair_value": 67.117576, "relative_strength": -3.693764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.151413, "energy": 14.91619, "activity_lines": [ 74.961413, 75.195787, 75.47303, 75.442784 ] }, { "date": "2024-05-17", "close": 78.820646, "volume": 1212648, "typical_volume": 1400286.45, "trend": 74.876436, "fair_value": 67.219402, "relative_strength": -3.388565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.200276, "energy": 23.911368, "activity_lines": [ 76.421712, 75.770704, 75.781453, 75.727634 ] }, { "date": "2024-05-24", "close": 77.120878, "volume": 1316883, "typical_volume": 1383408.0, "trend": 75.359649, "fair_value": 67.297565, "relative_strength": -5.434616, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.354447, "energy": 32.971296, "activity_lines": [ 76.962233, 75.997298, 75.927077, 75.872437 ] }, { "date": "2024-05-31", "close": 77.344276, "volume": 911862, "typical_volume": 1379429.85, "trend": 75.680322, "fair_value": 67.374813, "relative_strength": -4.715798, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.433475, "energy": 36.563713, "activity_lines": [ 77.403849, 76.264943, 76.084644, 76.000478 ] }, { "date": "2024-06-07", "close": 73.886464, "volume": 1211497, "typical_volume": 1329158.6, "trend": 75.814264, "fair_value": 67.432604, "relative_strength": -9.992893, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 28.878607, "energy": 18.7149, "activity_lines": [ 76.343194, 75.918403, 75.905074, 75.884745 ] }, { "date": "2024-06-14", "close": 75.158861, "volume": 1581913, "typical_volume": 1335045.65, "trend": 75.891782, "fair_value": 67.51752, "relative_strength": -9.81966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.916013, "energy": 8.883237, "activity_lines": [ 75.762359, 75.863858, 75.847834, 75.842461 ] }, { "date": "2024-06-21", "close": 75.770777, "volume": 1701115, "typical_volume": 1346591.1, "trend": 75.956215, "fair_value": 67.619123, "relative_strength": -9.63461, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.578642, "energy": 12.281718, "activity_lines": [ 75.530543, 75.921638, 75.848421, 75.834654 ] }, { "date": "2024-06-28", "close": 74.750917, "volume": 4122258, "typical_volume": 1480277.75, "trend": 75.972487, "fair_value": 67.710095, "relative_strength": -10.583059, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.410089, "energy": 23.091037, "activity_lines": [ 75.162099, 75.753117, 75.740236, 75.756893 ] }, { "date": "2024-07-05", "close": 73.429955, "volume": 1167925, "typical_volume": 1477622.25, "trend": 75.881948, "fair_value": 67.791936, "relative_strength": -13.586026, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.887488, "energy": 38.691675, "activity_lines": [ 74.511331, 75.340228, 75.506807, 75.592858 ] }, { "date": "2024-07-12", "close": 80.530126, "volume": 2053536, "typical_volume": 1531742.85, "trend": 75.933431, "fair_value": 67.927326, "relative_strength": -6.025105, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.122421, "energy": 21.302739, "activity_lines": [ 76.488241, 76.194086, 75.956392, 75.892741 ] }, { "date": "2024-07-19", "close": 80.161034, "volume": 1768751, "typical_volume": 1576452.15, "trend": 75.953937, "fair_value": 68.061376, "relative_strength": -4.433006, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.727749, "energy": 46.776711, "activity_lines": [ 77.89921, 76.875229, 76.350691, 76.165489 ] }, { "date": "2024-07-26", "close": 82.764106, "volume": 1222651, "typical_volume": 1597808.95, "trend": 76.091797, "fair_value": 68.201788, "relative_strength": -0.454755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.733434, "energy": 67.706813, "activity_lines": [ 79.844391, 77.978267, 76.97794, 76.604855 ] }, { "date": "2024-08-02", "close": 79.092264, "volume": 1914122, "typical_volume": 1628712.85, "trend": 76.22284, "fair_value": 68.312506, "relative_strength": -2.690861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.817617, "energy": 60.70915, "activity_lines": [ 80.099404, 78.341999, 77.226424, 76.798434 ] }, { "date": "2024-08-09", "close": 77.115445, "volume": 1326623, "typical_volume": 1609975.3, "trend": 76.26996, "fair_value": 68.398477, "relative_strength": -4.992047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.082588, "energy": 51.745093, "activity_lines": [ 79.406053, 78.310466, 77.277367, 76.856021 ] }, { "date": "2024-08-16", "close": 79.043574, "volume": 870184, "typical_volume": 1561427.5, "trend": 76.433828, "fair_value": 68.508459, "relative_strength": -6.206933, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.822789, "energy": 31.799701, "activity_lines": [ 79.109713, 78.633662, 77.51683, 77.034964 ] }, { "date": "2024-08-23", "close": 81.244368, "volume": 725938, "typical_volume": 1514190.45, "trend": 76.639827, "fair_value": 68.616792, "relative_strength": -4.786088, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.830247, "energy": 30.664583, "activity_lines": [ 79.646074, 79.263237, 77.957219, 77.345321 ] }, { "date": "2024-08-30", "close": 83.415949, "volume": 970266, "typical_volume": 1494249.5, "trend": 76.976163, "fair_value": 68.741279, "relative_strength": -2.385919, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.802574, "energy": 38.498873, "activity_lines": [ 80.834073, 80.176999, 78.575726, 77.782491 ] }, { "date": "2024-09-06", "close": 77.349157, "volume": 829149, "typical_volume": 1442609.6, "trend": 77.058836, "fair_value": 68.843298, "relative_strength": -5.476254, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.942645, "energy": 27.51994, "activity_lines": [ 79.956352, 79.848705, 78.569333, 77.806555 ] }, { "date": "2024-09-13", "close": 78.663791, "volume": 1272106, "typical_volume": 1438597.45, "trend": 77.185654, "fair_value": 68.980972, "relative_strength": -7.441824, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.676124, "energy": 22.595351, "activity_lines": [ 79.633049, 79.712195, 78.674673, 77.9101 ] }, { "date": "2024-09-20", "close": 79.267549, "volume": 2132034, "typical_volume": 1470538.7, "trend": 77.284499, "fair_value": 69.09233, "relative_strength": -7.90326, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.867543, "energy": 17.659409, "activity_lines": [ 79.407776, 79.590298, 78.806255, 78.044416 ] }, { "date": "2024-09-27", "close": 77.991867, "volume": 2411834, "typical_volume": 1536164.75, "trend": 77.316933, "fair_value": 69.198408, "relative_strength": -9.664624, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.717761, "energy": 15.630357, "activity_lines": [ 78.742344, 79.259415, 78.794696, 78.090053 ] }, { "date": "2024-10-04", "close": 75.683954, "volume": 1563931, "typical_volume": 1553728.9, "trend": 77.284381, "fair_value": 69.296212, "relative_strength": -12.224619, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.503369, "energy": 8.478185, "activity_lines": [ 77.524442, 78.548351, 78.560206, 77.984699 ] }, { "date": "2024-10-11", "close": 76.881732, "volume": 1239106, "typical_volume": 1549840.05, "trend": 77.275614, "fair_value": 69.37538, "relative_strength": -11.551107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.622767, "energy": 13.85165, "activity_lines": [ 77.221264, 78.183795, 78.454726, 77.958722 ] }, { "date": "2024-10-18", "close": 77.379339, "volume": 1296365, "typical_volume": 1569065.2, "trend": 77.250185, "fair_value": 69.449444, "relative_strength": -11.476969, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.446903, "energy": 14.035855, "activity_lines": [ 77.115118, 77.949904, 78.397777, 77.965414 ] }, { "date": "2024-10-25", "close": 73.043596, "volume": 1251987, "typical_volume": 1571089.7, "trend": 77.110898, "fair_value": 69.490873, "relative_strength": -15.326784, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.309554, "energy": 37.053397, "activity_lines": [ 75.649354, 76.922898, 77.927733, 77.694021 ] }, { "date": "2024-11-01", "close": 71.246802, "volume": 1340049, "typical_volume": 1558996.5, "trend": 76.978539, "fair_value": 69.497057, "relative_strength": -15.892759, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.749508, "energy": 54.880274, "activity_lines": [ 73.999589, 75.678293, 77.290579, 77.315692 ] }, { "date": "2024-11-08", "close": 75.963387, "volume": 1702466, "typical_volume": 1559064.05, "trend": 77.059891, "fair_value": 69.51017, "relative_strength": -14.018884, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.735334, "energy": 42.529481, "activity_lines": [ 74.371689, 75.473023, 77.121252, 77.250198 ] }, { "date": "2024-11-15", "close": 74.176358, "volume": 1222973, "typical_volume": 1414099.8, "trend": 77.048426, "fair_value": 69.522724, "relative_strength": -13.842019, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.04974, "energy": 43.254713, "activity_lines": [ 74.129485, 75.078339, 76.780815, 77.064164 ] }, { "date": "2024-11-22", "close": 74.371662, "volume": 1181668, "typical_volume": 1414786.95, "trend": 77.124173, "fair_value": 69.552146, "relative_strength": -14.589702, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -51.91482, "energy": 39.655918, "activity_lines": [ 74.13274, 74.776853, 76.461715, 76.891469 ] }, { "date": "2024-11-29", "close": 75.08452, "volume": 1007883, "typical_volume": 1362504.3, "trend": 77.136264, "fair_value": 69.573609, "relative_strength": -14.33529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.816058, "energy": 25.181221, "activity_lines": [ 74.574127, 74.683015, 76.206021, 76.759879 ] }, { "date": "2024-12-06", "close": 73.76622, "volume": 1034994, "typical_volume": 1325816.45, "trend": 77.017319, "fair_value": 69.571064, "relative_strength": -16.053368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.995182, "energy": 25.976185, "activity_lines": [ 74.440018, 74.425542, 75.850707, 76.542457 ] }, { "date": "2024-12-13", "close": 71.705766, "volume": 1378609, "typical_volume": 1333614.35, "trend": 76.780156, "fair_value": 69.558883, "relative_strength": -17.348981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.6478, "energy": 36.788586, "activity_lines": [ 73.45113, 73.870271, 75.32961, 76.199776 ] }, { "date": "2024-12-20", "close": 66.559512, "volume": 2870597, "typical_volume": 1381438.1, "trend": 76.428111, "fair_value": 69.50657, "relative_strength": -21.241176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.40464, "energy": 67.547849, "activity_lines": [ 71.030666, 72.451648, 74.371052, 75.540379 ] }, { "date": "2024-12-27", "close": 66.041957, "volume": 844581, "typical_volume": 1357336.0, "trend": 76.051367, "fair_value": 69.43962, "relative_strength": -21.765389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.686939, "energy": 82.613006, "activity_lines": [ 68.945473, 71.126601, 73.422884, 74.870305 ] }, { "date": "2025-01-03", "close": 61.315607, "volume": 1774926, "typical_volume": 1402573.1, "trend": 75.632338, "fair_value": 69.368159, "relative_strength": -26.399178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.231877, "energy": 92.708081, "activity_lines": [ 65.840143, 69.148352, 72.077317, 73.919611 ] }, { "date": "2025-01-10", "close": 59.850829, "volume": 1615753, "typical_volume": 1447063.85, "trend": 75.122071, "fair_value": 69.285675, "relative_strength": -26.156491, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.050816, "energy": 94.440505, "activity_lines": [ 63.164482, 67.117016, 70.676667, 72.901449 ] }, { "date": "2025-01-17", "close": 60.632044, "volume": 2239637, "typical_volume": 1510532.4, "trend": 74.617446, "fair_value": 69.236465, "relative_strength": -26.78587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.333748, "energy": 90.108387, "activity_lines": [ 61.676919, 65.434918, 69.452293, 71.966608 ] }, { "date": "2025-01-24", "close": 61.296077, "volume": 1714988, "typical_volume": 1554824.35, "trend": 74.168952, "fair_value": 69.194902, "relative_strength": -26.687792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.850045, "energy": 86.911271, "activity_lines": [ 61.148948, 64.152305, 68.399654, 71.107165 ] }, { "date": "2025-01-31", "close": 61.647623, "volume": 2327480, "typical_volume": 1607593.05, "trend": 73.776207, "fair_value": 69.171089, "relative_strength": -25.012692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.040408, "energy": 79.437911, "activity_lines": [ 61.089055, 63.167797, 67.456939, 70.299338 ] }, { "date": "2025-02-07", "close": 59.264873, "volume": 2349129, "typical_volume": 1618447.8, "trend": 73.067365, "fair_value": 69.124579, "relative_strength": -27.245835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.508417, "energy": 72.591254, "activity_lines": [ 60.527867, 61.981407, 66.368325, 69.363123 ] }, { "date": "2025-02-14", "close": 59.656901, "volume": 2560979, "typical_volume": 1625905.05, "trend": 72.383894, "fair_value": 69.079975, "relative_strength": -27.280905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.276449, "energy": 65.085718, "activity_lines": [ 60.234071, 61.153925, 65.412298, 68.497931 ] }, { "date": "2025-02-21", "close": 56.187451, "volume": 1766508, "typical_volume": 1636033.9, "trend": 71.498006, "fair_value": 69.016166, "relative_strength": -29.808766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.00504, "energy": 70.157243, "activity_lines": [ 58.79672, 59.952167, 64.213157, 67.452999 ] }, { "date": "2025-02-28", "close": 55.609209, "volume": 2181840, "typical_volume": 1683170.6, "trend": 70.715237, "fair_value": 68.97128, "relative_strength": -29.261125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.242295, "energy": 75.961704, "activity_lines": [ 57.462928, 58.927426, 63.051785, 66.427916 ] }, { "date": "2025-03-07", "close": 55.913031, "volume": 2322405, "typical_volume": 1734472.6, "trend": 70.00849, "fair_value": 68.934167, "relative_strength": -26.032041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.904891, "energy": 67.311352, "activity_lines": [ 56.609535, 58.157021, 62.020646, 65.472935 ] }, { "date": "2025-03-14", "close": 52.365175, "volume": 2946427, "typical_volume": 1819194.6, "trend": 69.11921, "fair_value": 68.861934, "relative_strength": -28.485979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.896437, "energy": 81.088986, "activity_lines": [ 54.955829, 56.925714, 60.753837, 64.334656 ] }, { "date": "2025-03-21", "close": 52.502385, "volume": 3369882, "typical_volume": 1920686.25, "trend": 68.161144, "fair_value": 68.792825, "relative_strength": -28.038939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.452637, "energy": 83.754669, "activity_lines": [ 53.807839, 55.882089, 59.598564, 63.262603 ] }, { "date": "2025-03-28", "close": 53.67847, "volume": 4183525, "typical_volume": 2044739.2, "trend": 67.169895, "fair_value": 68.728404, "relative_strength": -24.733421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.106547, "energy": 65.798363, "activity_lines": [ 53.528846, 55.185906, 58.644558, 62.328237 ] }, { "date": "2025-04-04", "close": 51.698727, "volume": 3702371, "typical_volume": 2168709.1, "trend": 66.31488, "fair_value": 68.649836, "relative_strength": -19.745085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.300642, "energy": 68.282515, "activity_lines": [ 52.757203, 54.256198, 57.608124, 61.330097 ] }, { "date": "2025-04-11", "close": 52.659197, "volume": 3681368, "typical_volume": 2293694.1, "trend": 65.448061, "fair_value": 68.560861, "relative_strength": -22.088085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.389908, "energy": 61.447858, "activity_lines": [ 52.566417, 53.675619, 56.7702, 60.449085 ] }, { "date": "2025-04-18", "close": 52.639595, "volume": 2018242, "typical_volume": 2344212.05, "trend": 64.560462, "fair_value": 68.476901, "relative_strength": -20.368972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.048474, "energy": 57.501867, "activity_lines": [ 52.586018, 53.254901, 56.033802, 59.622733 ] }, { "date": "2025-04-25", "close": 53.482456, "volume": 1856368, "typical_volume": 2385280.75, "trend": 63.743482, "fair_value": 68.413978, "relative_strength": -22.098995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.952645, "energy": 51.028674, "activity_lines": [ 52.868278, 53.107891, 55.484556, 58.908023 ] }, { "date": "2025-05-02", "close": 53.468649, "volume": 2171975, "typical_volume": 2424949.05, "trend": 63.002972, "fair_value": 68.351636, "relative_strength": -23.702775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.902205, "energy": 40.268423, "activity_lines": [ 53.080598, 53.070632, 55.030585, 58.24513 ] }, { "date": "2025-05-09", "close": 53.675357, "volume": 1761831, "typical_volume": 2369510.75, "trend": 62.229426, "fair_value": 68.30017, "relative_strength": -22.412631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.329534, "energy": 34.763778, "activity_lines": [ 53.375809, 53.12039, 54.683144, 57.643349 ] }, { "date": "2025-05-16", "close": 56.106645, "volume": 1626905, "typical_volume": 2408626.95, "trend": 61.520336, "fair_value": 68.249689, "relative_strength": -22.286946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.605924, "energy": 24.329424, "activity_lines": [ 54.349674, 53.647361, 54.628608, 57.24833 ] }, { "date": "2025-05-23", "close": 53.370216, "volume": 1032450, "typical_volume": 2371503.15, "trend": 60.864557, "fair_value": 68.159098, "relative_strength": -23.480532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.717068, "energy": 23.563875, "activity_lines": [ 54.181566, 53.673279, 54.36077, 56.722516 ] }, { "date": "2025-05-30", "close": 54.945139, "volume": 1204361, "typical_volume": 2350933.55, "trend": 60.321168, "fair_value": 68.073005, "relative_strength": -21.906975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.731568, "energy": 18.174449, "activity_lines": [ 54.489724, 53.967274, 54.280759, 56.340618 ] }, { "date": "2025-06-06", "close": 55.299497, "volume": 1168606, "typical_volume": 2297382.0, "trend": 59.632372, "fair_value": 68.00786, "relative_strength": -22.082116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.666469, "energy": 13.000922, "activity_lines": [ 54.818489, 54.281283, 54.257858, 56.01664 ] }, { "date": "2025-06-13", "close": 53.311156, "volume": 1978323, "typical_volume": 2310548.75, "trend": 58.936865, "fair_value": 67.982894, "relative_strength": -23.985961, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.078324, "energy": 17.657231, "activity_lines": [ 54.362417, 54.204303, 54.070984, 55.608819 ] }, { "date": "2025-06-20", "close": 53.714731, "volume": 1430290, "typical_volume": 2265689.25, "trend": 58.2483, "fair_value": 67.950843, "relative_strength": -22.6498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.685187, "energy": 19.214394, "activity_lines": [ 54.065151, 54.171383, 53.960569, 55.271907 ] }, { "date": "2025-06-27", "close": 60.762513, "volume": 4752666, "typical_volume": 2385866.1, "trend": 57.7709, "fair_value": 67.972122, "relative_strength": -14.872606, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.53816, "energy": 11.534822, "activity_lines": [ 56.276606, 55.400686, 54.559147, 55.434115 ] }, { "date": "2025-07-04", "close": 61.264519, "volume": 2714933, "typical_volume": 2393563.8, "trend": 57.354177, "fair_value": 67.99893, "relative_strength": -15.093534, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.99652, "energy": 42.526648, "activity_lines": [ 58.162577, 56.573574, 55.198404, 55.659509 ] }, { "date": "2025-07-11", "close": 62.239003, "volume": 2595430, "typical_volume": 2435009.9, "trend": 57.038618, "fair_value": 68.038062, "relative_strength": -12.839919, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.23689, "energy": 60.329226, "activity_lines": [ 59.952083, 57.782149, 55.922813, 55.974659 ] }, { "date": "2025-07-18", "close": 59.187589, "volume": 2313217, "typical_volume": 2441578.75, "trend": 56.792887, "fair_value": 68.036517, "relative_strength": -16.889135, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.434553, "energy": 60.5805, "activity_lines": [ 60.261818, 58.27646, 56.327794, 56.113303 ] }, { "date": "2025-07-25", "close": 58.636366, "volume": 1685080, "typical_volume": 2409712.5, "trend": 56.546034, "fair_value": 68.020575, "relative_strength": -18.034083, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.105448, "energy": 55.802052, "activity_lines": [ 59.99605, 58.570327, 56.663239, 56.232237 ] }, { "date": "2025-08-01", "close": 54.957435, "volume": 2321436, "typical_volume": 2378462.95, "trend": 56.334095, "fair_value": 67.983004, "relative_strength": -20.433242, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.284324, "energy": 17.51111, "activity_lines": [ 58.175862, 58.149301, 56.63534, 56.129747 ] }, { "date": "2025-08-08", "close": 55.560385, "volume": 1829997, "typical_volume": 2301468.7, "trend": 56.19108, "fair_value": 67.916951, "relative_strength": -20.698209, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.7867, "energy": 9.190643, "activity_lines": [ 56.943663, 57.809045, 56.652521, 56.07983 ] }, { "date": "2025-08-15", "close": 58.288488, "volume": 2058379, "typical_volume": 2195211.4, "trend": 56.112962, "fair_value": 67.859476, "relative_strength": -16.831489, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.825064, "energy": 21.052002, "activity_lines": [ 57.001107, 57.953621, 56.91496, 56.215146 ] }, { "date": "2025-08-22", "close": 61.491043, "volume": 1063688, "typical_volume": 2063277.25, "trend": 56.119461, "fair_value": 67.843036, "relative_strength": -11.720741, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.216607, "energy": 23.443907, "activity_lines": [ 58.389437, 58.626135, 57.460451, 56.562119 ] }, { "date": "2025-08-29", "close": 60.344449, "volume": 1369040, "typical_volume": 1947660.85, "trend": 56.076022, "fair_value": 67.840057, "relative_strength": -12.454219, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.8985, "energy": 36.921165, "activity_lines": [ 59.242006, 58.941451, 57.850113, 56.834699 ] }, { "date": "2025-09-05", "close": 61.649194, "volume": 1525060, "typical_volume": 1923001.75, "trend": 56.155499, "fair_value": 67.824021, "relative_strength": -10.059955, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.693747, "energy": 55.802778, "activity_lines": [ 60.415617, 59.373454, 58.32744, 57.194259 ] }, { "date": "2025-09-12", "close": 60.937515, "volume": 2583888, "typical_volume": 1959377.75, "trend": 56.198186, "fair_value": 67.849684, "relative_strength": -11.687497, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.071299, "energy": 59.010537, "activity_lines": [ 60.905885, 59.659939, 58.694085, 57.502776 ] }, { "date": "2025-09-19", "close": 60.107223, "volume": 2916739, "typical_volume": 1996615.95, "trend": 56.328845, "fair_value": 67.863372, "relative_strength": -13.150465, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.408725, "energy": 47.863196, "activity_lines": [ 60.760913, 59.801408, 58.946155, 57.754972 ] }, { "date": "2025-09-26", "close": 57.46808, "volume": 2623274, "typical_volume": 2039688.1, "trend": 56.390808, "fair_value": 67.864963, "relative_strength": -15.932649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.439635, "energy": 27.314799, "activity_lines": [ 59.614978, 59.501792, 58.915265, 57.828471 ] }, { "date": "2025-10-03", "close": 58.594905, "volume": 1966260, "typical_volume": 2056655.85, "trend": 56.480203, "fair_value": 67.846193, "relative_strength": -14.496475, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.032177, "energy": 16.147543, "activity_lines": [ 59.112849, 59.438317, 58.973631, 57.970671 ] }, { "date": "2025-10-10", "close": 56.430215, "volume": 1797340, "typical_volume": 2094900.35, "trend": 56.615705, "fair_value": 67.816048, "relative_strength": -14.848676, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.668226, "energy": 14.118248, "activity_lines": [ 58.005793, 58.982015, 58.813988, 57.967446 ] }, { "date": "2025-10-17", "close": 58.363136, "volume": 1379899, "typical_volume": 2103677.25, "trend": 56.811063, "fair_value": 67.791579, "relative_strength": -12.675878, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.353012, "energy": 18.102612, "activity_lines": [ 57.890976, 58.850376, 58.82386, 58.080183 ] }, { "date": "2025-10-24", "close": 61.022772, "volume": 1994036, "typical_volume": 2144948.75, "trend": 57.055873, "fair_value": 67.756186, "relative_strength": -9.782243, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.512288, "energy": 16.988277, "activity_lines": [ 58.834329, 59.151349, 59.070756, 58.351906 ] }, { "date": "2025-10-31", "close": 56.934077, "volume": 2404300, "typical_volume": 2166247.6, "trend": 57.230385, "fair_value": 67.692014, "relative_strength": -15.726107, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.601295, "energy": 5.490102, "activity_lines": [ 58.353748, 58.659208, 58.900998, 58.344048 ] }, { "date": "2025-11-07", "close": 57.430278, "volume": 2147642, "typical_volume": 2202115.2, "trend": 57.389421, "fair_value": 67.60005, "relative_strength": -12.860225, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.645734, "energy": 5.340618, "activity_lines": [ 58.074167, 58.340139, 58.761245, 58.356945 ] }, { "date": "2025-11-14", "close": 56.924153, "volume": 1827628, "typical_volume": 2055863.3, "trend": 57.532239, "fair_value": 67.492539, "relative_strength": -13.011573, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.866358, "energy": 6.128108, "activity_lines": [ 57.703519, 57.982032, 58.555597, 58.326928 ] }, { "date": "2025-11-21", "close": 56.904305, "volume": 2007602, "typical_volume": 2020496.75, "trend": 57.646301, "fair_value": 67.369476, "relative_strength": -10.632947, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.500476, "energy": 20.82, "activity_lines": [ 57.293326, 57.706227, 58.366336, 58.286416 ] }, { "date": "2025-11-28", "close": 57.837163, "volume": 1664370, "typical_volume": 1973943.75, "trend": 57.791918, "fair_value": 67.248537, "relative_strength": -11.676362, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.182495, "energy": 21.571172, "activity_lines": [ 57.291342, 57.673363, 58.286682, 58.298729 ] }, { "date": "2025-12-05", "close": 57.708151, "volume": 1664133, "typical_volume": 1941489.55, "trend": 57.926345, "fair_value": 67.147153, "relative_strength": -11.481955, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.492658, "energy": 16.988761, "activity_lines": [ 57.458727, 57.658316, 58.215702, 58.293325 ] }, { "date": "2025-12-12", "close": 59.93113, "volume": 1874576, "typical_volume": 1950964.35, "trend": 58.053828, "fair_value": 67.067181, "relative_strength": -6.935973, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.788403, "energy": 5.161533, "activity_lines": [ 58.3155, 58.043082, 58.36348, 58.422666 ] }, { "date": "2025-12-19", "close": 59.434929, "volume": 2147771, "typical_volume": 1942281.1, "trend": 58.255985, "fair_value": 66.997494, "relative_strength": -7.31769, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.952565, "energy": 16.466554, "activity_lines": [ 58.84015, 58.313335, 58.457834, 58.511769 ] }, { "date": "2025-12-26", "close": 60.347939, "volume": 879082, "typical_volume": 1894735.35, "trend": 58.436078, "fair_value": 66.945962, "relative_strength": -6.745652, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.113319, "energy": 27.845766, "activity_lines": [ 59.501751, 58.694959, 58.617821, 58.646734 ] }, { "date": "2026-01-02", "close": 59.88151, "volume": 914276, "typical_volume": 1837530.2, "trend": 58.588812, "fair_value": 66.890706, "relative_strength": -6.169351, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.683064, "energy": 34.296554, "activity_lines": [ 59.7783, 58.95569, 58.710588, 58.739988 ] }, { "date": "2026-01-09", "close": 64.982454, "volume": 2245661, "typical_volume": 1896628.85, "trend": 58.977855, "fair_value": 66.853152, "relative_strength": 0.445395, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 80.138567, "energy": 68.664672, "activity_lines": [ 61.618874, 60.164615, 59.281573, 59.152481 ] }, { "date": "2026-01-16", "close": 60.07999, "volume": 4571456, "typical_volume": 2056749.65, "trend": 59.19003, "fair_value": 66.816858, "relative_strength": -6.504382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.364916, "energy": 53.554912, "activity_lines": [ 61.34034, 60.335849, 59.369031, 59.223586 ] }, { "date": "2026-01-23", "close": 59.613562, "volume": 1970819, "typical_volume": 2079037.6, "trend": 59.151732, "fair_value": 66.780695, "relative_strength": -6.603343, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.614597, "energy": 40.53496, "activity_lines": [ 60.896406, 60.374102, 59.413327, 59.250911 ] }, { "date": "2026-01-30", "close": 59.643334, "volume": 1811395, "typical_volume": 2040412.95, "trend": 59.097692, "fair_value": 66.710508, "relative_strength": -6.58839, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.626718, "energy": 28.915242, "activity_lines": [ 60.450487, 60.368869, 59.470152, 59.282627 ] }, { "date": "2026-02-06", "close": 65.793651, "volume": 2298572, "typical_volume": 2009504.6, "trend": 59.216181, "fair_value": 66.699064, "relative_strength": 3.34317, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.485077, "energy": 38.150285, "activity_lines": [ 62.101647, 61.432076, 60.118884, 59.714624 ] }, { "date": "2026-02-13", "close": 67.217885, "volume": 1645666, "typical_volume": 1960624.2, "trend": 59.483857, "fair_value": 66.68908, "relative_strength": 6.962737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.82125, "energy": 63.476668, "activity_lines": [ 63.83341, 62.60957, 60.876179, 60.230863 ] }, { "date": "2026-02-20", "close": 65.674135, "volume": 1428017, "typical_volume": 1933712.05, "trend": 59.71845, "fair_value": 66.682025, "relative_strength": 3.331104, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.114007, "energy": 69.40554, "activity_lines": [ 64.90156, 63.333479, 61.440023, 60.630236 ] }, { "date": "2026-02-27", "close": 65.455022, "volume": 1807838, "typical_volume": 1934236.95, "trend": 60.068369, "fair_value": 66.65847, "relative_strength": 3.487008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.20343, "energy": 71.862584, "activity_lines": [ 65.523729, 63.91313, 61.949288, 61.000338 ] }, { "date": "2026-03-06", "close": 58.513124, "volume": 2524105, "typical_volume": 1991447.25, "trend": 60.166794, "fair_value": 66.623615, "relative_strength": -5.394883, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.041473, "energy": 29.476778, "activity_lines": [ 63.442502, 63.121162, 61.754444, 60.899999 ] }, { "date": "2026-03-13", "close": 54.041228, "volume": 2938397, "typical_volume": 2038665.3, "trend": 60.025218, "fair_value": 66.573288, "relative_strength": -11.060913, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -18.511371, "energy": 17.865904, "activity_lines": [ 59.94599, 61.549483, 61.132992, 60.504801 ] }, { "date": "2026-03-20", "close": 49.091266, "volume": 3787778, "typical_volume": 2107839.2, "trend": 59.611892, "fair_value": 66.477546, "relative_strength": -17.407376, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -44.457001, "energy": 44.186631, "activity_lines": [ 55.582986, 59.183997, 60.07336, 59.799385 ] }, { "date": "2026-03-27", "close": 58.931431, "volume": 5004060, "typical_volume": 2250660.1, "trend": 59.564792, "fair_value": 66.435247, "relative_strength": 1.513811, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -20.200131, "energy": 34.277695, "activity_lines": [ 55.708478, 58.896562, 59.988233, 59.755484 ] }, { "date": "2026-04-03", "close": 60.266028, "volume": 4171969, "typical_volume": 2367877.15, "trend": 59.518686, "fair_value": 66.428198, "relative_strength": 0.6166, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -16.149667, "energy": 27.688084, "activity_lines": [ 56.728349, 58.872665, 60.023063, 59.800725 ] }, { "date": "2026-04-10", "close": 63.473045, "volume": 3091627, "typical_volume": 2422078.4, "trend": 59.603204, "fair_value": 66.428574, "relative_strength": 2.422126, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": 6.001228, "energy": 9.735585, "activity_lines": [ 59.163159, 59.419998, 60.347409, 60.055845 ] }, { "date": "2026-04-17", "close": 64.170223, "volume": 2095060, "typical_volume": 2443612.9, "trend": 59.738637, "fair_value": 66.432614, "relative_strength": -0.700672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.916469, "energy": 29.232167, "activity_lines": [ 61.4997, 60.024461, 60.706873, 60.350492 ] }, { "date": "2026-04-24", "close": 62.576674, "volume": 2648855, "typical_volume": 2492849.0, "trend": 59.908924, "fair_value": 66.42644, "relative_strength": -3.465908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.544061, "energy": 30.196577, "activity_lines": [ 62.629792, 60.368703, 60.884413, 60.533591 ] }, { "date": "2026-05-01", "close": 59.95, "volume": 2214189, "typical_volume": 2509829.65, "trend": 59.954094, "fair_value": 66.403366, "relative_strength": -8.141031, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.697873, "energy": 25.32356, "activity_lines": [ 61.985299, 60.319755, 60.788611, 60.536241 ] }, { "date": "2026-05-08", "close": 61.25, "volume": 2010594, "typical_volume": 2502970.8, "trend": 60.114753, "fair_value": 66.39398, "relative_strength": -8.051207, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.328274, "energy": 20.433603, "activity_lines": [ 61.706234, 60.611245, 60.816528, 60.619848 ] }, { "date": "2026-05-15", "close": 58.06, "volume": 2028821, "typical_volume": 2560457.75, "trend": 60.104649, "fair_value": 66.361253, "relative_strength": -12.707569, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.076062, "energy": 4.088544, "activity_lines": [ 60.298238, 60.39919, 60.531992, 60.487283 ] }, { "date": "2026-05-22", "close": 57.78, "volume": 4063825, "typical_volume": 2717935.2, "trend": 59.996556, "fair_value": 66.337072, "relative_strength": -13.591933, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.877154, "energy": 16.180455, "activity_lines": [ 59.157778, 60.144465, 60.231685, 60.337306 ] }, { "date": "2026-05-29", "close": 64.08, "volume": 3831192, "typical_volume": 2797211.75, "trend": 60.234754, "fair_value": 66.33481, "relative_strength": -5.34914, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.790111, "energy": 11.692327, "activity_lines": [ 60.543333, 60.967216, 60.541384, 60.600754 ] }, { "date": "2026-06-05", "close": 59.88, "volume": 3338379, "typical_volume": 2735557.9, "trend": 60.316411, "fair_value": 66.315165, "relative_strength": -9.044919, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.872224, "energy": 6.394958, "activity_lines": [ 60.428667, 60.753809, 60.455381, 60.577866 ] }, { "date": "2026-06-12", "close": 63.63, "volume": 3005473, "typical_volume": 2787290.6, "trend": 60.539939, "fair_value": 66.311803, "relative_strength": -3.802026, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.113934, "energy": 22.729471, "activity_lines": [ 61.568667, 61.204973, 60.727474, 60.791646 ] }, { "date": "2026-06-19", "close": 64.86, "volume": 3372444, "typical_volume": 2865343.05, "trend": 60.805129, "fair_value": 66.338854, "relative_strength": -2.75067, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.296617, "energy": 37.043411, "activity_lines": [ 62.96, 61.81861, 61.097583, 61.07036 ] }, { "date": "2026-06-26", "close": 62.971416, "volume": 6353960, "typical_volume": 3068112.45, "trend": 60.976271, "fair_value": 66.30234, "relative_strength": -3.000917, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.746067, "energy": 39.143998, "activity_lines": [ 63.268472, 62.063652, 61.262986, 61.21012 ] }, { "date": "2026-07-03", "close": 57.804275, "volume": 4318272, "typical_volume": 3201742.75, "trend": 60.979475, "fair_value": 66.247599, "relative_strength": -12.44255, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.299892, "energy": 6.876028, "activity_lines": [ 61.508469, 61.391009, 60.949719, 61.005476 ] }, { "date": "2026-07-10", "close": 55.663745, "volume": 4957993, "typical_volume": 3378241.55, "trend": 60.837229, "fair_value": 66.169349, "relative_strength": -16.327391, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.436904, "energy": 31.428278, "activity_lines": [ 59.453338, 60.41595, 60.47742, 60.662525 ] }, { "date": "2026-07-17", "close": 56.70912, "volume": 3727349, "typical_volume": 3474217.1, "trend": 60.746369, "fair_value": 66.08016, "relative_strength": -13.057165, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.794907, "energy": 41.502707, "activity_lines": [ 58.027749, 59.708891, 60.152348, 60.396196 ] }, { "date": "2026-07-24", "close": 55.45467, "volume": 2567352, "typical_volume": 3476379.45, "trend": 60.58326, "fair_value": 65.984966, "relative_strength": -14.139948, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.353134, "energy": 56.248408, "activity_lines": [ 56.645402, 58.856312, 59.749452, 60.054796 ] }, { "date": "2026-07-31", "close": 55.3, "volume": 3734082, "typical_volume": 3516163.7, "trend": 60.430543, "fair_value": 65.892547, "relative_strength": -15.020875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.92955, "energy": 63.614871, "activity_lines": [ 55.83852, 58.022981, 59.346389, 59.71394 ] }, { "date": "2026-08-07", "close": 61.07, "volume": 3605477, "typical_volume": 3507048.65, "trend": 60.300127, "fair_value": 65.841867, "relative_strength": -9.153346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.324161, "energy": 38.779492, "activity_lines": [ 57.4664, 58.283831, 59.486856, 59.755196 ] } ], "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." } } }