{ "ticker": { "uuid": "3d5afc7e-ee38-4cc2-847a-a3fec5290bed", "symbol": "SLVM", "name": "Sylvamo Corp", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -30.203, "architecture_energy": 18.194, "architecture_maturity": 48.732, "architecture_confidence": 93.818, "architecture_tenure": "Established", "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": 41.8, "rotation_up": 25.29, "upward_expansion": 15.05, "deceleration": 39.74, "rotation_down": 38.43, "downward_expansion": 65.05 }, "activity_lines": [ 39.044, 38.929482, 39.310145, 40.17807 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 41.07, "trend_reference": 42.124809, "distance_from_trend": -0.02504, "trend_direction": "Weakening", "fair_value": 53.856264, "distance_from_fair_value": -0.237415, "fair_value_direction": "Weakening", "relative_strength": -15.307531, "relative_strength_direction": "Improving", "price_momentum": -0.18173, "excess_performance": -0.307355, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.02504, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.058871, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.237415, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.000302, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.153075, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.048217, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.18173, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.635307, "read": "Supply-led" } ], "volume": { "latest": 1490802, "relative_activity": 0.90403, "balance": 0.635307, "dry_up": 0.881492, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.074716, "annualized_volatility": 0.383594, "from_high_reference": -0.269031, "from_low_reference": 0.155925 }, "levels": { "trend_reference": 42.124809, "fair_value_reference": 53.856264, "structural_low": 35.53, "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": 16, "median_return": -0.030016, "positive_rate": 0.1875, "directional_follow_through": 0.8125, "median_excess_return": -0.03922, "regime_survival": 0.875, "best_return": 0.131414, "worst_return": -0.113181, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.121601, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.182204, "regime_survival": 0.6, "best_return": 0.037204, "worst_return": -0.249005, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.023294, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.046231, "regime_survival": 0.333333, "best_return": 0.182638, "worst_return": -0.340327, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.217063, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.008541, "regime_survival": 0.0, "best_return": 0.759087, "worst_return": -0.32496, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-17", "end": "2024-01-05", "tenure": "Developing", "return": 0.009935, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-12", "end": "2024-02-16", "tenure": "Developing", "return": 0.197396, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-06-28", "tenure": "Established", "return": 0.240625, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-26", "tenure": "New", "return": 0.147811, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2025-01-10", "tenure": "Established", "return": 0.101059, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": -0.015227, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": -0.052785, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-28", "end": "2025-11-21", "tenure": "Extended", "return": -0.325461, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.02871, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.017441, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-02-27", "tenure": "Developing", "return": -0.092335, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.04968, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.121806, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": -0.059107, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 35.095975, "volume": 1860665, "typical_volume": 1783847.9, "trend": 40.377903, "fair_value": 36.208987, "relative_strength": -20.561307, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.941418, "energy": 20.659201, "activity_lines": [ 39.031477, 39.313295, 39.121295, 39.598433 ] }, { "date": "2023-08-25", "close": 36.951309, "volume": 1441953, "typical_volume": 1793404.0, "trend": 40.213867, "fair_value": 36.216337, "relative_strength": -16.712068, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.337267, "energy": 29.709389, "activity_lines": [ 37.925588, 38.908111, 38.893602, 39.377362 ] }, { "date": "2023-09-01", "close": 38.605572, "volume": 1229698, "typical_volume": 1801071.05, "trend": 40.030609, "fair_value": 36.239761, "relative_strength": -14.924314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.86514, "energy": 35.668098, "activity_lines": [ 37.636777, 38.861302, 38.838586, 39.273601 ] }, { "date": "2023-09-08", "close": 37.298613, "volume": 1228468, "typical_volume": 1805688.65, "trend": 39.939568, "fair_value": 36.250041, "relative_strength": -16.725774, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.371249, "energy": 43.063901, "activity_lines": [ 37.265101, 38.547245, 38.6718, 39.097343 ] }, { "date": "2023-09-15", "close": 39.08997, "volume": 2623082, "typical_volume": 1862957.8, "trend": 39.83267, "fair_value": 36.277348, "relative_strength": -12.626707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.951935, "energy": 32.113151, "activity_lines": [ 37.963974, 38.548741, 38.696619, 39.042531 ] }, { "date": "2023-09-22", "close": 38.751805, "volume": 1706983, "typical_volume": 1858222.6, "trend": 39.674157, "fair_value": 36.300914, "relative_strength": -10.837133, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.285739, "energy": 17.03153, "activity_lines": [ 38.411813, 38.457013, 38.701271, 38.972797 ] }, { "date": "2023-09-29", "close": 40.1593, "volume": 1363657, "typical_volume": 1785246.1, "trend": 39.512885, "fair_value": 36.337314, "relative_strength": -7.092532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.618258, "energy": 9.51056, "activity_lines": [ 39.085095, 38.630664, 38.850936, 39.004097 ] }, { "date": "2023-10-06", "close": 38.783814, "volume": 1050566, "typical_volume": 1739884.95, "trend": 39.334064, "fair_value": 36.360178, "relative_strength": -10.461034, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.613976, "energy": 13.979579, "activity_lines": [ 39.086016, 38.568353, 38.862102, 38.95706 ] }, { "date": "2023-10-13", "close": 40.053743, "volume": 877943, "typical_volume": 1714934.95, "trend": 39.330043, "fair_value": 36.394378, "relative_strength": -7.700244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.067018, "energy": 8.298289, "activity_lines": [ 39.498363, 38.829911, 38.987901, 39.003491 ] }, { "date": "2023-10-20", "close": 39.302909, "volume": 1166071, "typical_volume": 1706703.25, "trend": 39.254027, "fair_value": 36.421062, "relative_strength": -6.889258, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.834728, "energy": 12.250242, "activity_lines": [ 39.476758, 39.033979, 39.025332, 39.00174 ] }, { "date": "2023-10-27", "close": 40.285482, "volume": 1300359, "typical_volume": 1683878.95, "trend": 39.204141, "fair_value": 36.456193, "relative_strength": -1.863942, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.277276, "energy": 18.307784, "activity_lines": [ 39.76848, 39.375103, 39.146129, 39.068286 ] }, { "date": "2023-11-03", "close": 42.39894, "volume": 1063813, "typical_volume": 1531746.7, "trend": 39.279828, "fair_value": 36.509731, "relative_strength": -2.17234, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.461698, "energy": 37.872063, "activity_lines": [ 40.662444, 40.006137, 39.464691, 39.274402 ] }, { "date": "2023-11-10", "close": 43.817182, "volume": 1853517, "typical_volume": 1538779.4, "trend": 39.36464, "fair_value": 36.574976, "relative_strength": -0.130274, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.755493, "energy": 66.161683, "activity_lines": [ 41.879845, 40.795985, 39.907468, 39.567134 ] }, { "date": "2023-11-17", "close": 44.299199, "volume": 1697641, "typical_volume": 1528287.2, "trend": 39.450988, "fair_value": 36.643332, "relative_strength": -0.971283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.548796, "energy": 74.318041, "activity_lines": [ 42.922361, 41.578717, 40.363578, 39.885493 ] }, { "date": "2023-11-24", "close": 44.512399, "volume": 969446, "typical_volume": 1524953.25, "trend": 39.54747, "fair_value": 36.712359, "relative_strength": -1.077219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.49875, "energy": 77.40447, "activity_lines": [ 43.752913, 42.272929, 40.803998, 40.212036 ] }, { "date": "2023-12-01", "close": 48.22022, "volume": 1331234, "typical_volume": 1496562.5, "trend": 39.786317, "fair_value": 36.812428, "relative_strength": 6.678637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.304079, "energy": 87.118458, "activity_lines": [ 45.472106, 43.5427, 41.56341, 40.771568 ] }, { "date": "2023-12-08", "close": 48.331455, "volume": 1300152, "typical_volume": 1498116.0, "trend": 40.111223, "fair_value": 36.91173, "relative_strength": 7.216487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.538287, "energy": 87.927424, "activity_lines": [ 46.699395, 44.660543, 42.290809, 41.322867 ] }, { "date": "2023-12-15", "close": 43.4464, "volume": 6835757, "typical_volume": 1774583.75, "trend": 40.310838, "fair_value": 36.967581, "relative_strength": -5.420209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.506161, "energy": 67.28447, "activity_lines": [ 45.902832, 44.741609, 42.517749, 41.53804 ] }, { "date": "2023-12-22", "close": 46.588779, "volume": 1753793, "typical_volume": 1805609.3, "trend": 40.646686, "fair_value": 37.049117, "relative_strength": 0.890534, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.461028, "energy": 57.013098, "activity_lines": [ 46.178447, 45.309243, 43.04611, 41.943068 ] }, { "date": "2023-12-29", "close": 45.52278, "volume": 659534, "typical_volume": 1665716.6, "trend": 40.925504, "fair_value": 37.120324, "relative_strength": -1.370537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.885896, "energy": 45.75389, "activity_lines": [ 45.94609, 45.56424, 43.462526, 42.257655 ] }, { "date": "2024-01-05", "close": 44.739296, "volume": 981075, "typical_volume": 1621737.1, "trend": 41.098579, "fair_value": 37.183816, "relative_strength": -1.138957, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.595037, "energy": 30.528599, "activity_lines": [ 45.385213, 45.563697, 43.763812, 42.503706 ] }, { "date": "2024-01-12", "close": 43.704053, "volume": 903359, "typical_volume": 1594807.4, "trend": 41.218072, "fair_value": 37.237702, "relative_strength": -4.846088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.816761, "energy": 26.883312, "activity_lines": [ 44.711316, 45.293949, 43.920583, 42.671801 ] }, { "date": "2024-01-19", "close": 44.562092, "volume": 844487, "typical_volume": 1575546.85, "trend": 41.470923, "fair_value": 37.297738, "relative_strength": -3.859907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.397393, "energy": 20.434247, "activity_lines": [ 44.631927, 45.15648, 44.126916, 42.887545 ] }, { "date": "2024-01-26", "close": 46.753823, "volume": 1422864, "typical_volume": 1585266.65, "trend": 41.804703, "fair_value": 37.374617, "relative_strength": 0.015638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.564533, "energy": 26.778107, "activity_lines": [ 45.208734, 45.403962, 44.513621, 43.228377 ] }, { "date": "2024-02-02", "close": 43.582808, "volume": 1260663, "typical_volume": 1517145.7, "trend": 42.012653, "fair_value": 37.424683, "relative_strength": -7.698501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.039315, "energy": 17.815941, "activity_lines": [ 44.717534, 45.030268, 44.553299, 43.343093 ] }, { "date": "2024-02-09", "close": 43.386951, "volume": 962485, "typical_volume": 1479920.8, "trend": 42.149792, "fair_value": 37.472381, "relative_strength": -9.130583, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.911282, "energy": 14.940555, "activity_lines": [ 44.29038, 44.637864, 44.55293, 43.431758 ] }, { "date": "2024-02-16", "close": 52.33108, "volume": 2580090, "typical_volume": 1540742.45, "trend": 42.529623, "fair_value": 37.590307, "relative_strength": 9.987926, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.640072, "energy": 45.633403, "activity_lines": [ 46.934758, 45.959543, 45.382311, 44.088615 ] }, { "date": "2024-02-23", "close": 51.827448, "volume": 1599106, "typical_volume": 1568169.45, "trend": 42.793958, "fair_value": 37.702411, "relative_strength": 7.34403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.291375, "energy": 66.535785, "activity_lines": [ 48.836123, 47.116933, 46.105766, 44.688475 ] }, { "date": "2024-03-01", "close": 58.029581, "volume": 2486987, "typical_volume": 1648621.65, "trend": 43.248275, "fair_value": 37.861217, "relative_strength": 19.015116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.263238, "energy": 88.067945, "activity_lines": [ 52.32051, 49.2496, 47.357788, 45.671418 ] }, { "date": "2024-03-08", "close": 58.30005, "volume": 1775911, "typical_volume": 1679113.65, "trend": 43.957768, "fair_value": 38.019657, "relative_strength": 19.887771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.102298, "energy": 91.939109, "activity_lines": [ 55.143335, 51.223429, 48.54997, 46.6425 ] }, { "date": "2024-03-15", "close": 52.955956, "volume": 4060274, "typical_volume": 1817109.4, "trend": 44.5531, "fair_value": 38.134552, "relative_strength": 8.975218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.263921, "energy": 82.972654, "activity_lines": [ 55.203647, 51.99329, 49.142727, 47.223029 ] }, { "date": "2024-03-22", "close": 56.481379, "volume": 1973331, "typical_volume": 1862585.3, "trend": 45.204103, "fair_value": 38.274604, "relative_strength": 13.651886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.774392, "energy": 82.806535, "activity_lines": [ 55.801165, 53.254744, 50.010904, 47.992595 ] }, { "date": "2024-03-29", "close": 57.581908, "volume": 1571479, "typical_volume": 1848483.4, "trend": 45.836647, "fair_value": 38.420871, "relative_strength": 15.302307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.198504, "energy": 67.513276, "activity_lines": [ 56.48884, 54.483979, 50.916834, 48.791163 ] }, { "date": "2024-04-05", "close": 56.481379, "volume": 1264874, "typical_volume": 1826845.05, "trend": 46.476073, "fair_value": 38.556665, "relative_strength": 13.89404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.158518, "energy": 54.278632, "activity_lines": [ 56.426042, 55.276393, 51.652405, 49.47792 ] }, { "date": "2024-04-12", "close": 54.803622, "volume": 1984224, "typical_volume": 1877583.95, "trend": 46.999861, "fair_value": 38.677911, "relative_strength": 12.02098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.381035, "energy": 49.626202, "activity_lines": [ 55.907204, 55.586897, 52.170179, 50.015181 ] }, { "date": "2024-04-19", "close": 54.794249, "volume": 1516654, "typical_volume": 1886854.95, "trend": 47.534609, "fair_value": 38.797291, "relative_strength": 15.365465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.759861, "energy": 40.141865, "activity_lines": [ 55.618338, 55.691681, 52.638055, 50.518045 ] }, { "date": "2024-04-26", "close": 59.105804, "volume": 1219030, "typical_volume": 1882798.85, "trend": 48.166159, "fair_value": 38.946618, "relative_strength": 20.877709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.308553, "energy": 47.152098, "activity_lines": [ 56.644103, 56.372979, 53.48525, 51.264574 ] }, { "date": "2024-05-03", "close": 60.90541, "volume": 1246713, "typical_volume": 1603346.65, "trend": 48.903546, "fair_value": 39.106901, "relative_strength": 23.371693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.640598, "energy": 52.398916, "activity_lines": [ 58.094776, 57.258301, 54.45253, 52.086461 ] }, { "date": "2024-05-10", "close": 60.380525, "volume": 1542114, "typical_volume": 1592762.7, "trend": 49.581105, "fair_value": 39.261058, "relative_strength": 19.57005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.284625, "energy": 51.638828, "activity_lines": [ 59.14892, 57.883136, 55.286682, 52.826911 ] }, { "date": "2024-05-17", "close": 65.891818, "volume": 1261413, "typical_volume": 1622856.65, "trend": 50.467402, "fair_value": 39.452646, "relative_strength": 27.51041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.09034, "energy": 84.47512, "activity_lines": [ 61.780218, 59.467279, 56.580045, 53.879215 ] }, { "date": "2024-05-24", "close": 67.61644, "volume": 966846, "typical_volume": 1622145.2, "trend": 51.378434, "fair_value": 39.653816, "relative_strength": 29.839405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.436178, "energy": 89.582636, "activity_lines": [ 64.247178, 61.226959, 57.940662, 54.985605 ] }, { "date": "2024-05-31", "close": 66.847859, "volume": 1171581, "typical_volume": 1635556.3, "trend": 52.193398, "fair_value": 39.846682, "relative_strength": 27.900731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.177591, "energy": 89.372429, "activity_lines": [ 65.603131, 62.580341, 59.119142, 55.983632 ] }, { "date": "2024-06-07", "close": 65.854326, "volume": 1182800, "typical_volume": 1652471.95, "trend": 52.92797, "fair_value": 40.029834, "relative_strength": 23.713176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.40215, "energy": 86.247313, "activity_lines": [ 66.11177, 63.5646, 60.092791, 56.864982 ] }, { "date": "2024-06-14", "close": 64.917031, "volume": 1252714, "typical_volume": 1643964.45, "trend": 53.615231, "fair_value": 40.20387, "relative_strength": 19.352805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.402261, "energy": 77.502369, "activity_lines": [ 65.978049, 64.228035, 60.875783, 57.63847 ] }, { "date": "2024-06-21", "close": 62.376963, "volume": 2671524, "typical_volume": 1714507.5, "trend": 54.210716, "fair_value": 40.35785, "relative_strength": 13.343199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.156199, "energy": 53.8632, "activity_lines": [ 64.695205, 64.276263, 61.330371, 58.203743 ] }, { "date": "2024-06-28", "close": 64.298417, "volume": 2480551, "typical_volume": 1790410.8, "trend": 54.746656, "fair_value": 40.522958, "relative_strength": 16.143323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.611341, "energy": 41.595022, "activity_lines": [ 64.287169, 64.536149, 61.87846, 58.854562 ] }, { "date": "2024-07-05", "close": 62.067656, "volume": 1720258, "typical_volume": 1747419.2, "trend": 55.204529, "fair_value": 40.670524, "relative_strength": 9.478696, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.460155, "energy": 30.480234, "activity_lines": [ 63.356748, 64.217639, 62.114516, 59.326885 ] }, { "date": "2024-07-12", "close": 63.33458, "volume": 1127524, "typical_volume": 1723840.1, "trend": 55.867469, "fair_value": 40.824701, "relative_strength": 10.139306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.531824, "energy": 24.741095, "activity_lines": [ 63.167315, 64.075628, 62.424868, 59.851404 ] }, { "date": "2024-07-19", "close": 67.363762, "volume": 1273699, "typical_volume": 1663175.7, "trend": 56.559968, "fair_value": 41.004019, "relative_strength": 18.805791, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.132747, "energy": 36.71684, "activity_lines": [ 64.488926, 64.622028, 63.064155, 60.593101 ] }, { "date": "2024-07-26", "close": 71.241967, "volume": 1082574, "typical_volume": 1628508.85, "trend": 57.417274, "fair_value": 41.206959, "relative_strength": 25.911867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.178431, "energy": 53.80372, "activity_lines": [ 66.940157, 65.746588, 64.028346, 61.540326 ] }, { "date": "2024-08-02", "close": 65.259529, "volume": 1219071, "typical_volume": 1486448.7, "trend": 58.101282, "fair_value": 41.367309, "relative_strength": 17.365164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.876885, "energy": 44.10803, "activity_lines": [ 66.806241, 65.686157, 64.361154, 62.046278 ] }, { "date": "2024-08-09", "close": 71.506175, "volume": 1272161, "typical_volume": 1451390.2, "trend": 59.02802, "fair_value": 41.566904, "relative_strength": 27.405147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.420288, "energy": 56.903449, "activity_lines": [ 68.690466, 66.804332, 65.230291, 62.91111 ] }, { "date": "2024-08-16", "close": 72.261057, "volume": 1377793, "typical_volume": 1441705.9, "trend": 59.951318, "fair_value": 41.768839, "relative_strength": 22.70395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.026296, "energy": 69.123951, "activity_lines": [ 70.197085, 67.975063, 66.099775, 63.764855 ] }, { "date": "2024-08-23", "close": 74.469086, "volume": 834690, "typical_volume": 1420196.7, "trend": 60.875161, "fair_value": 41.982566, "relative_strength": 23.635434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.903912, "energy": 63.616972, "activity_lines": [ 71.844614, 69.430767, 67.109648, 64.701485 ] }, { "date": "2024-08-30", "close": 74.629499, "volume": 1052094, "typical_volume": 1373590.2, "trend": 61.91005, "fair_value": 42.19456, "relative_strength": 22.557391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.391486, "energy": 74.433587, "activity_lines": [ 73.071926, 70.741963, 68.049141, 65.588861 ] }, { "date": "2024-09-06", "close": 70.345545, "volume": 719538, "typical_volume": 1333734.4, "trend": 62.80867, "fair_value": 42.376179, "relative_strength": 19.544041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.521657, "energy": 55.620852, "activity_lines": [ 72.645418, 71.051485, 68.486231, 66.133087 ] }, { "date": "2024-09-13", "close": 72.581882, "volume": 898025, "typical_volume": 1317684.15, "trend": 63.483697, "fair_value": 42.569805, "relative_strength": 17.759849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.939891, "energy": 46.805058, "activity_lines": [ 72.625288, 71.657666, 69.062251, 66.763617 ] }, { "date": "2024-09-20", "close": 82.263241, "volume": 3781802, "typical_volume": 1444438.6, "trend": 64.498223, "fair_value": 42.925391, "relative_strength": 30.37778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.036309, "energy": 59.058241, "activity_lines": [ 75.760563, 73.832927, 70.496133, 67.9752 ] }, { "date": "2024-09-27", "close": 79.960851, "volume": 3129442, "typical_volume": 1523805.0, "trend": 65.229266, "fair_value": 43.249044, "relative_strength": 25.046539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.279725, "energy": 55.826701, "activity_lines": [ 77.461564, 75.245414, 71.609036, 68.972789 ] }, { "date": "2024-10-04", "close": 78.515756, "volume": 1519885, "typical_volume": 1536728.6, "trend": 65.903122, "fair_value": 43.600644, "relative_strength": 21.512536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.347554, "energy": 59.593642, "activity_lines": [ 78.314748, 76.166118, 72.491072, 69.829982 ] }, { "date": "2024-10-11", "close": 79.417145, "volume": 804890, "typical_volume": 1528630.8, "trend": 66.785162, "fair_value": 43.951897, "relative_strength": 20.624601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.726599, "energy": 65.055414, "activity_lines": [ 79.209311, 77.11846, 73.39884, 70.701854 ] }, { "date": "2024-10-18", "close": 81.789223, "volume": 928395, "typical_volume": 1516471.5, "trend": 67.628757, "fair_value": 44.317955, "relative_strength": 22.224913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.696047, "energy": 58.091668, "activity_lines": [ 80.289794, 78.244678, 74.476326, 71.669858 ] }, { "date": "2024-10-25", "close": 80.821415, "volume": 799302, "typical_volume": 1497296.6, "trend": 68.403407, "fair_value": 44.674832, "relative_strength": 21.119223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.301872, "energy": 50.85391, "activity_lines": [ 80.433851, 79.007967, 75.390491, 72.520998 ] }, { "date": "2024-11-01", "close": 80.650625, "volume": 1093962, "typical_volume": 1489359.0, "trend": 69.209049, "fair_value": 45.031016, "relative_strength": 21.695988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.478738, "energy": 49.433573, "activity_lines": [ 80.6171, 79.58456, 76.217118, 73.311141 ] }, { "date": "2024-11-08", "close": 90.793628, "volume": 1198804, "typical_volume": 1415723.0, "trend": 70.408715, "fair_value": 45.430693, "relative_strength": 29.687334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.747331, "energy": 76.521281, "activity_lines": [ 84.135365, 81.892943, 77.934824, 74.703694 ] }, { "date": "2024-11-15", "close": 80.261605, "volume": 1963142, "typical_volume": 1389852.55, "trend": 71.257627, "fair_value": 45.763716, "relative_strength": 16.362932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.396844, "energy": 47.58211, "activity_lines": [ 83.324431, 81.99252, 78.514162, 75.339364 ] }, { "date": "2024-11-22", "close": 86.248728, "volume": 1186264, "typical_volume": 1363152.85, "trend": 72.162391, "fair_value": 46.139125, "relative_strength": 22.081715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.206165, "energy": 50.62169, "activity_lines": [ 84.452907, 83.000373, 79.587687, 76.306532 ] }, { "date": "2024-11-29", "close": 87.567603, "volume": 1098295, "typical_volume": 1361691.4, "trend": 73.051131, "fair_value": 46.523619, "relative_strength": 21.733294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.783264, "energy": 52.098782, "activity_lines": [ 85.723708, 83.999533, 80.671672, 77.300417 ] }, { "date": "2024-12-06", "close": 85.992543, "volume": 1058160, "typical_volume": 1350914.45, "trend": 73.904865, "fair_value": 46.900878, "relative_strength": 17.84415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.088162, "energy": 42.673593, "activity_lines": [ 86.019743, 84.615876, 81.490255, 78.135347 ] }, { "date": "2024-12-13", "close": 83.278887, "volume": 1203063, "typical_volume": 1356938.9, "trend": 74.484434, "fair_value": 47.267783, "relative_strength": 13.994889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.280566, "energy": 39.138783, "activity_lines": [ 85.055098, 84.62916, 81.961687, 78.740122 ] }, { "date": "2024-12-20", "close": 76.940697, "volume": 3426606, "typical_volume": 1467315.65, "trend": 74.795243, "fair_value": 47.603906, "relative_strength": 6.772209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.598208, "energy": 19.741869, "activity_lines": [ 82.478706, 83.403443, 81.772163, 78.898591 ] }, { "date": "2024-12-27", "close": 75.394102, "volume": 2227885, "typical_volume": 1515101.85, "trend": 75.080117, "fair_value": 47.927538, "relative_strength": 3.462325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.397916, "energy": 15.146845, "activity_lines": [ 79.608177, 81.941553, 81.379719, 78.937227 ] }, { "date": "2025-01-03", "close": 75.365637, "volume": 1041538, "typical_volume": 1498289.1, "trend": 75.397161, "fair_value": 48.240397, "relative_strength": 3.462729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -1.199553, "energy": 18.256035, "activity_lines": [ 77.4518, 80.590763, 80.966051, 78.955648 ] }, { "date": "2025-01-10", "close": 71.854613, "volume": 1383560, "typical_volume": 1525732.6, "trend": 75.628414, "fair_value": 48.511057, "relative_strength": 0.106386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.761722, "energy": 34.520054, "activity_lines": [ 74.938547, 78.700801, 80.203215, 78.727096 ] }, { "date": "2025-01-17", "close": 74.57421, "volume": 1564182, "typical_volume": 1551337.0, "trend": 76.034989, "fair_value": 48.815121, "relative_strength": 0.436033, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.48176, "energy": 34.873364, "activity_lines": [ 74.274354, 77.465238, 79.711839, 78.659083 ] }, { "date": "2025-01-24", "close": 77.417859, "volume": 894632, "typical_volume": 1560091.7, "trend": 76.472304, "fair_value": 49.152929, "relative_strength": 2.0074, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.139862, "energy": 31.056809, "activity_lines": [ 75.138357, 77.041601, 79.49155, 78.7483 ] }, { "date": "2025-01-31", "close": 76.434987, "volume": 1096036, "typical_volume": 1569992.25, "trend": 76.951215, "fair_value": 49.457873, "relative_strength": 1.153819, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.137769, "energy": 18.438773, "activity_lines": [ 75.642924, 76.490964, 79.143976, 78.745893 ] }, { "date": "2025-02-07", "close": 73.438659, "volume": 930399, "typical_volume": 1427422.1, "trend": 77.288017, "fair_value": 49.717734, "relative_strength": -3.154362, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.332519, "energy": 21.434184, "activity_lines": [ 75.079324, 75.573973, 78.492689, 78.519276 ] }, { "date": "2025-02-14", "close": 68.87737, "volume": 1737523, "typical_volume": 1357826.15, "trend": 77.338471, "fair_value": 49.935017, "relative_strength": -10.593284, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.1968, "energy": 35.73589, "activity_lines": [ 73.123758, 74.084545, 77.449016, 77.976654 ] }, { "date": "2025-02-21", "close": 65.241698, "volume": 1322444, "typical_volume": 1347954.1, "trend": 77.138462, "fair_value": 50.147886, "relative_strength": -14.00537, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -51.572846, "energy": 63.75449, "activity_lines": [ 70.154785, 72.245272, 76.111867, 77.196217 ] }, { "date": "2025-02-28", "close": 67.846786, "volume": 2426814, "typical_volume": 1429050.3, "trend": 77.224704, "fair_value": 50.406537, "relative_strength": -9.69899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.783025, "energy": 75.041309, "activity_lines": [ 68.676342, 71.2076, 75.086031, 76.596754 ] }, { "date": "2025-03-07", "close": 64.058435, "volume": 1787661, "typical_volume": 1472013.6, "trend": 76.976446, "fair_value": 50.622469, "relative_strength": -11.982204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.014032, "energy": 81.718964, "activity_lines": [ 66.573187, 69.64648, 73.754497, 75.747317 ] }, { "date": "2025-03-14", "close": 62.426677, "volume": 1671340, "typical_volume": 1515615.5, "trend": 76.648633, "fair_value": 50.816549, "relative_strength": -12.306925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.247309, "energy": 83.96777, "activity_lines": [ 64.751217, 67.994781, 72.35199, 74.808623 ] }, { "date": "2025-03-21", "close": 62.369422, "volume": 5362755, "typical_volume": 1729055.15, "trend": 76.245311, "fair_value": 51.013812, "relative_strength": -12.842355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.898429, "energy": 84.458411, "activity_lines": [ 63.644293, 66.567925, 71.031623, 73.887383 ] }, { "date": "2025-03-28", "close": 64.125232, "volume": 2119340, "typical_volume": 1775081.95, "trend": 75.895169, "fair_value": 51.231375, "relative_strength": -9.100977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.014759, "energy": 77.203672, "activity_lines": [ 63.556502, 65.632765, 69.965531, 73.105443 ] }, { "date": "2025-04-04", "close": 56.558073, "volume": 1534812, "typical_volume": 1753665.45, "trend": 75.435586, "fair_value": 51.389954, "relative_strength": -11.855265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.291717, "energy": 79.631772, "activity_lines": [ 61.020757, 63.51174, 68.305748, 71.857888 ] }, { "date": "2025-04-11", "close": 57.916838, "volume": 1807677, "typical_volume": 1784736.1, "trend": 74.946751, "fair_value": 51.550373, "relative_strength": -14.580413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.218667, "energy": 69.079981, "activity_lines": [ 59.690513, 62.017031, 66.888246, 70.727646 ] }, { "date": "2025-04-18", "close": 58.417033, "volume": 1185087, "typical_volume": 1789075.7, "trend": 74.151878, "fair_value": 51.692302, "relative_strength": -12.595808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.239476, "energy": 62.273252, "activity_lines": [ 58.936441, 60.949961, 65.653295, 69.661213 ] }, { "date": "2025-04-25", "close": 57.301213, "volume": 1879982, "typical_volume": 1830166.8, "trend": 73.396557, "fair_value": 51.804007, "relative_strength": -17.867445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.527891, "energy": 63.0672, "activity_lines": [ 58.077739, 59.953135, 64.450888, 68.574073 ] }, { "date": "2025-05-02", "close": 57.878362, "volume": 1319283, "typical_volume": 1835977.8, "trend": 72.708644, "fair_value": 51.933667, "relative_strength": -19.172663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.408724, "energy": 57.313713, "activity_lines": [ 57.749301, 59.271721, 63.440073, 67.572899 ] }, { "date": "2025-05-09", "close": 50.63515, "volume": 1739120, "typical_volume": 1751603.5, "trend": 71.749244, "fair_value": 51.985353, "relative_strength": -28.684186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.825159, "energy": 64.759025, "activity_lines": [ 55.422916, 57.407238, 61.860383, 66.148803 ] }, { "date": "2025-05-16", "close": 54.069182, "volume": 2047037, "typical_volume": 1742561.1, "trend": 70.825242, "fair_value": 52.064376, "relative_strength": -27.285017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.081535, "energy": 61.218526, "activity_lines": [ 54.63607, 56.480063, 60.733008, 65.008154 ] }, { "date": "2025-05-23", "close": 52.126116, "volume": 1571605, "typical_volume": 1769064.45, "trend": 69.868732, "fair_value": 52.111364, "relative_strength": -27.634181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.970227, "energy": 65.97962, "activity_lines": [ 53.458046, 55.381226, 59.522127, 63.801758 ] }, { "date": "2025-05-30", "close": 50.952581, "volume": 1239964, "typical_volume": 1761884.65, "trend": 68.878798, "fair_value": 52.140468, "relative_strength": -30.043789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.692189, "energy": 72.727331, "activity_lines": [ 52.308238, 54.256302, 58.310144, 62.581362 ] }, { "date": "2025-06-06", "close": 51.770208, "volume": 1138112, "typical_volume": 1740581.15, "trend": 67.578017, "fair_value": 52.206185, "relative_strength": -29.656693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.058569, "energy": 68.731598, "activity_lines": [ 51.854215, 53.487617, 57.275565, 61.477582 ] }, { "date": "2025-06-13", "close": 48.788275, "volume": 1037494, "typical_volume": 1747724.25, "trend": 66.528906, "fair_value": 52.295735, "relative_strength": -33.057914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.614494, "energy": 69.931355, "activity_lines": [ 50.813424, 52.401398, 56.065582, 60.26534 ] }, { "date": "2025-06-20", "close": 48.230365, "volume": 1653423, "typical_volume": 1775593.6, "trend": 65.261627, "fair_value": 52.421663, "relative_strength": -33.352452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.075347, "energy": 68.176218, "activity_lines": [ 49.709788, 51.355011, 54.938796, 59.084789 ] }, { "date": "2025-06-27", "close": 48.740179, "volume": 1440906, "typical_volume": 1801118.95, "trend": 63.96738, "fair_value": 52.547071, "relative_strength": -34.490131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.125606, "energy": 61.786311, "activity_lines": [ 49.165345, 50.577435, 53.994872, 58.018889 ] }, { "date": "2025-07-04", "close": 50.991058, "volume": 1276955, "typical_volume": 1778090.55, "trend": 62.800663, "fair_value": 52.703497, "relative_strength": -32.266041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.359378, "energy": 59.997847, "activity_lines": [ 49.596924, 50.385052, 53.382929, 57.181707 ] }, { "date": "2025-07-11", "close": 49.472038, "volume": 1275354, "typical_volume": 1775736.05, "trend": 61.673769, "fair_value": 52.846627, "relative_strength": -33.730217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.178569, "energy": 58.867566, "activity_lines": [ 49.519598, 50.031214, 52.71149, 56.321796 ] }, { "date": "2025-07-18", "close": 47.405447, "volume": 1714460, "typical_volume": 1740118.35, "trend": 60.68926, "fair_value": 52.950448, "relative_strength": -36.401706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.429849, "energy": 60.283517, "activity_lines": [ 48.906619, 49.454474, 51.918327, 55.401259 ] }, { "date": "2025-07-25", "close": 48.084608, "volume": 1164181, "typical_volume": 1708944.35, "trend": 59.778944, "fair_value": 53.03342, "relative_strength": -35.862519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.427685, "energy": 56.242944, "activity_lines": [ 48.612216, 49.05994, 51.287185, 54.588056 ] }, { "date": "2025-08-01", "close": 43.902916, "volume": 1664027, "typical_volume": 1708578.7, "trend": 58.730186, "fair_value": 53.090793, "relative_strength": -39.463652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.844517, "energy": 66.293763, "activity_lines": [ 46.933632, 48.013909, 50.333853, 53.563796 ] }, { "date": "2025-08-08", "close": 39.1973, "volume": 2620203, "typical_volume": 1571451.1, "trend": 57.641609, "fair_value": 53.095957, "relative_strength": -46.609374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.022156, "energy": 87.809497, "activity_lines": [ 44.008995, 46.261824, 49.020576, 52.30361 ] }, { "date": "2025-08-15", "close": 42.040074, "volume": 2744859, "typical_volume": 1602727.05, "trend": 56.557138, "fair_value": 53.10792, "relative_strength": -42.656485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.502944, "energy": 82.185212, "activity_lines": [ 42.818199, 45.240339, 48.088382, 51.297059 ] }, { "date": "2025-08-22", "close": 43.272267, "volume": 2522608, "typical_volume": 1652116.85, "trend": 55.418952, "fair_value": 53.120663, "relative_strength": -40.472974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.872279, "energy": 74.920415, "activity_lines": [ 42.533598, 44.619801, 47.378707, 50.439971 ] }, { "date": "2025-08-29", "close": 44.756719, "volume": 2749834, "typical_volume": 1699224.7, "trend": 54.363009, "fair_value": 53.161924, "relative_strength": -37.718634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.318958, "energy": 59.49321, "activity_lines": [ 43.01936, 44.369455, 46.873675, 49.752085 ] }, { "date": "2025-09-05", "close": 44.029046, "volume": 1408353, "typical_volume": 1710388.0, "trend": 53.382689, "fair_value": 53.224238, "relative_strength": -38.25885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.601854, "energy": 49.316531, "activity_lines": [ 43.484424, 44.049961, 46.362007, 49.085377 ] }, { "date": "2025-09-12", "close": 42.010967, "volume": 1306952, "typical_volume": 1681736.5, "trend": 52.487142, "fair_value": 53.280734, "relative_strength": -41.315399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.346827, "energy": 48.182855, "activity_lines": [ 43.268386, 43.449201, 45.726656, 48.351718 ] }, { "date": "2025-09-19", "close": 42.447571, "volume": 2666198, "typical_volume": 1749082.25, "trend": 51.727338, "fair_value": 53.352085, "relative_strength": -40.564827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.606054, "energy": 43.52589, "activity_lines": [ 43.010304, 43.091098, 45.205697, 47.704003 ] }, { "date": "2025-09-26", "close": 41.778112, "volume": 1567494, "typical_volume": 1740500.95, "trend": 50.858382, "fair_value": 53.42464, "relative_strength": -40.501436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.313437, "energy": 45.630908, "activity_lines": [ 42.501904, 42.738993, 44.694459, 47.062118 ] }, { "date": "2025-10-03", "close": 43.864107, "volume": 2247984, "typical_volume": 1750548.3, "trend": 50.185238, "fair_value": 53.466333, "relative_strength": -37.39043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.949897, "energy": 40.488419, "activity_lines": [ 42.788445, 42.868474, 44.424065, 46.610874 ] }, { "date": "2025-10-10", "close": 40.375362, "volume": 1507050, "typical_volume": 1747320.55, "trend": 49.450194, "fair_value": 53.483761, "relative_strength": -40.095593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.13673, "energy": 44.812446, "activity_lines": [ 41.971579, 42.440375, 43.870004, 45.977979 ] }, { "date": "2025-10-17", "close": 41.15935, "volume": 1326850, "typical_volume": 1751664.85, "trend": 48.743192, "fair_value": 53.484213, "relative_strength": -39.073264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.148746, "energy": 41.801036, "activity_lines": [ 41.659621, 42.218957, 43.446565, 45.443086 ] }, { "date": "2025-10-24", "close": 42.021736, "volume": 1330010, "typical_volume": 1761259.75, "trend": 48.006408, "fair_value": 53.479538, "relative_strength": -38.049654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.767467, "energy": 36.47015, "activity_lines": [ 41.691899, 42.118662, 43.151893, 45.009444 ] }, { "date": "2025-10-31", "close": 39.787371, "volume": 1582256, "typical_volume": 1788497.85, "trend": 47.447385, "fair_value": 53.471656, "relative_strength": -40.795488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.466435, "energy": 43.552624, "activity_lines": [ 41.007779, 41.612452, 42.690845, 44.479183 ] }, { "date": "2025-11-07", "close": 42.207933, "volume": 2815017, "typical_volume": 1846577.55, "trend": 46.923755, "fair_value": 53.475432, "relative_strength": -35.004813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.635593, "energy": 36.580019, "activity_lines": [ 41.263228, 41.609706, 42.503188, 44.141154 ] }, { "date": "2025-11-14", "close": 43.952306, "volume": 4609560, "typical_volume": 2005010.25, "trend": 46.441597, "fair_value": 53.46712, "relative_strength": -31.416916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.441464, "energy": 22.697523, "activity_lines": [ 42.210546, 41.970461, 42.51034, 43.949448 ] }, { "date": "2025-11-21", "close": 45.765277, "volume": 2586514, "typical_volume": 2070488.2, "trend": 46.057066, "fair_value": 53.45891, "relative_strength": -26.039734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.701358, "energy": 10.270187, "activity_lines": [ 43.523726, 42.662242, 42.712955, 43.905814 ] }, { "date": "2025-11-28", "close": 46.421867, "volume": 1431682, "typical_volume": 2078304.6, "trend": 45.675183, "fair_value": 53.436997, "relative_strength": -26.46053, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.382356, "energy": 16.981056, "activity_lines": [ 44.748707, 43.405143, 43.002988, 43.92935 ] }, { "date": "2025-12-05", "close": 47.754646, "volume": 1271162, "typical_volume": 2056139.7, "trend": 45.579166, "fair_value": 53.417638, "relative_strength": -23.430522, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.573723, "energy": 33.011957, "activity_lines": [ 46.124605, 44.318107, 43.434476, 44.063509 ] }, { "date": "2025-12-12", "close": 49.136424, "volume": 1774689, "typical_volume": 2086665.1, "trend": 45.414741, "fair_value": 53.448778, "relative_strength": -19.61486, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.070154, "energy": 53.418169, "activity_lines": [ 47.429944, 45.37364, 43.9959, 44.293009 ] }, { "date": "2025-12-19", "close": 48.793429, "volume": 3353192, "typical_volume": 2171123.35, "trend": 45.303651, "fair_value": 53.475588, "relative_strength": -19.236196, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.992622, "energy": 60.111098, "activity_lines": [ 48.159053, 46.270949, 44.519649, 44.510989 ] }, { "date": "2025-12-26", "close": 47.989842, "volume": 784881, "typical_volume": 2079357.25, "trend": 45.204893, "fair_value": 53.503353, "relative_strength": -20.676478, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.765214, "energy": 54.823636, "activity_lines": [ 48.297557, 46.869096, 44.943577, 44.684292 ] }, { "date": "2026-01-02", "close": 46.82366, "volume": 860595, "typical_volume": 1985144.05, "trend": 45.040008, "fair_value": 53.519402, "relative_strength": -20.747092, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.483837, "energy": 38.840089, "activity_lines": [ 47.89903, 47.131019, 45.214571, 44.788728 ] }, { "date": "2026-01-09", "close": 49.993425, "volume": 1717183, "typical_volume": 1944872.8, "trend": 45.08018, "fair_value": 53.561964, "relative_strength": -15.713723, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.94231, "energy": 45.057331, "activity_lines": [ 48.530305, 47.881955, 45.764669, 45.108303 ] }, { "date": "2026-01-16", "close": 50.458342, "volume": 1235370, "typical_volume": 1869149.6, "trend": 45.154446, "fair_value": 53.618797, "relative_strength": -13.597103, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.531766, "energy": 44.183831, "activity_lines": [ 49.1673, 48.531857, 46.327039, 45.455282 ] }, { "date": "2026-01-23", "close": 50.497909, "volume": 919871, "typical_volume": 1844725.5, "trend": 45.213037, "fair_value": 53.674089, "relative_strength": -12.11226, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.957849, "energy": 47.92045, "activity_lines": [ 49.729357, 49.038946, 46.866027, 45.800021 ] }, { "date": "2026-01-30", "close": 48.410728, "volume": 1188831, "typical_volume": 1838819.45, "trend": 45.127026, "fair_value": 53.701701, "relative_strength": -14.929803, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.837796, "energy": 44.831326, "activity_lines": [ 49.482054, 49.047536, 47.175431, 46.006324 ] }, { "date": "2026-02-06", "close": 50.191262, "volume": 1562111, "typical_volume": 1783615.1, "trend": 45.151, "fair_value": 53.766838, "relative_strength": -10.561982, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.54916, "energy": 44.277865, "activity_lines": [ 49.800204, 49.331761, 47.623935, 46.333049 ] }, { "date": "2026-02-13", "close": 50.814448, "volume": 2252480, "typical_volume": 1817864.4, "trend": 45.264633, "fair_value": 53.821438, "relative_strength": -7.40216, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.566814, "energy": 40.683349, "activity_lines": [ 50.101575, 49.660757, 48.094915, 46.698432 ] }, { "date": "2026-02-20", "close": 48.173324, "volume": 1765412, "typical_volume": 1793735.8, "trend": 45.267591, "fair_value": 53.851349, "relative_strength": -12.352244, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.089311, "energy": 29.873765, "activity_lines": [ 49.467838, 49.453917, 48.27133, 46.88609 ] }, { "date": "2026-02-27", "close": 45.799279, "volume": 1598955, "typical_volume": 1798331.05, "trend": 45.330803, "fair_value": 53.856489, "relative_strength": -15.257049, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.42436, "energy": 14.97873, "activity_lines": [ 48.195086, 48.832943, 48.201125, 46.920392 ] }, { "date": "2026-03-06", "close": 43.207614, "volume": 1558058, "typical_volume": 1809891.45, "trend": 45.46448, "fair_value": 53.850458, "relative_strength": -17.461677, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.409054, "energy": 13.044045, "activity_lines": [ 46.371688, 47.795196, 47.858266, 46.783412 ] }, { "date": "2026-03-13", "close": 41.061081, "volume": 1685065, "typical_volume": 1827644.2, "trend": 45.431847, "fair_value": 53.856142, "relative_strength": -19.366921, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.703666, "energy": 35.777146, "activity_lines": [ 44.179653, 46.45412, 47.301223, 46.499322 ] }, { "date": "2026-03-20", "close": 36.708666, "volume": 2462840, "typical_volume": 1871673.4, "trend": 45.21306, "fair_value": 53.824894, "relative_strength": -25.566528, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.648191, "energy": 65.880194, "activity_lines": [ 41.145492, 44.42647, 46.334238, 45.936536 ] }, { "date": "2026-03-27", "close": 39.696006, "volume": 2019355, "typical_volume": 1831890.3, "trend": 45.04437, "fair_value": 53.811521, "relative_strength": -16.528502, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.919796, "energy": 63.263843, "activity_lines": [ 40.047496, 43.183513, 45.666422, 45.580597 ] }, { "date": "2026-04-03", "close": 42.267888, "volume": 1374028, "typical_volume": 1670113.7, "trend": 44.985664, "fair_value": 53.825236, "relative_strength": -12.97849, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.881327, "energy": 62.35508, "activity_lines": [ 40.371949, 42.603851, 45.255509, 45.40147 ] }, { "date": "2026-04-10", "close": 42.32, "volume": 1767005, "typical_volume": 1629138.25, "trend": 44.995966, "fair_value": 53.831949, "relative_strength": -14.852685, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.827373, "energy": 47.652141, "activity_lines": [ 40.949199, 42.1833, 44.857579, 45.229491 ] }, { "date": "2026-04-17", "close": 43.64, "volume": 1048885, "typical_volume": 1609998.4, "trend": 45.035713, "fair_value": 53.844329, "relative_strength": -14.85321, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.562647, "energy": 23.446736, "activity_lines": [ 42.025623, 42.11349, 44.601771, 45.14201 ] }, { "date": "2026-04-24", "close": 41.18, "volume": 1520926, "typical_volume": 1622486.6, "trend": 45.015776, "fair_value": 53.841521, "relative_strength": -19.054461, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -44.814787, "energy": 25.321056, "activity_lines": [ 42.110119, 41.715521, 44.124923, 44.893254 ] }, { "date": "2026-05-01", "close": 43.65, "volume": 2228409, "typical_volume": 1645172.6, "trend": 45.008639, "fair_value": 53.858157, "relative_strength": -14.006708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.690841, "energy": 19.702321, "activity_lines": [ 42.719859, 41.941814, 43.914622, 44.805139 ] }, { "date": "2026-05-08", "close": 41.1, "volume": 1828971, "typical_volume": 1568961.55, "trend": 45.032794, "fair_value": 53.874284, "relative_strength": -20.129218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.805547, "energy": 22.162401, "activity_lines": [ 42.216, 41.786713, 43.487589, 44.552969 ] }, { "date": "2026-05-15", "close": 37.41, "volume": 1662566, "typical_volume": 1612845.8, "trend": 44.907815, "fair_value": 53.873976, "relative_strength": -26.614479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.835166, "energy": 45.621834, "activity_lines": [ 40.56, 41.046145, 42.745763, 44.061176 ] }, { "date": "2026-05-22", "close": 38.1, "volume": 1704899, "typical_volume": 1655061.0, "trend": 44.777091, "fair_value": 53.884147, "relative_strength": -25.074879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.688507, "energy": 55.78831, "activity_lines": [ 39.461333, 40.536443, 42.120031, 43.621962 ] }, { "date": "2026-05-29", "close": 39.27, "volume": 1870507, "typical_volume": 1662727.2, "trend": 44.759845, "fair_value": 53.897684, "relative_strength": -23.110286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.979008, "energy": 59.605561, "activity_lines": [ 39.122, 40.293305, 41.647269, 43.266666 ] }, { "date": "2026-06-05", "close": 38.196089, "volume": 2134493, "typical_volume": 1707683.35, "trend": 44.626117, "fair_value": 53.889024, "relative_strength": -22.50745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.471562, "energy": 65.897768, "activity_lines": [ 38.55203, 39.808341, 41.123294, 42.843198 ] }, { "date": "2026-06-12", "close": 41.131968, "volume": 1727135, "typical_volume": 1748046.55, "trend": 44.532106, "fair_value": 53.895516, "relative_strength": -16.368866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.505047, "energy": 39.349894, "activity_lines": [ 39.32428, 39.884445, 40.937318, 42.617769 ] }, { "date": "2026-06-19", "close": 39.204371, "volume": 1279542, "typical_volume": 1752582.1, "trend": 44.313409, "fair_value": 53.909797, "relative_strength": -20.341056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.324452, "energy": 34.368733, "activity_lines": [ 39.451866, 39.63073, 40.612362, 42.274044 ] }, { "date": "2026-06-26", "close": 38.888047, "volume": 2143689, "typical_volume": 1781661.0, "trend": 44.062282, "fair_value": 53.923564, "relative_strength": -18.422035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.454092, "energy": 33.898128, "activity_lines": [ 39.354387, 39.376149, 40.301118, 41.92402 ] }, { "date": "2026-07-03", "close": 38.097238, "volume": 1416033, "typical_volume": 1739838.65, "trend": 43.740368, "fair_value": 53.92839, "relative_strength": -21.048808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.669745, "energy": 33.671639, "activity_lines": [ 38.940768, 39.064183, 39.968385, 41.539179 ] }, { "date": "2026-07-10", "close": 39.18, "volume": 1440275, "typical_volume": 1723581.8, "trend": 43.408487, "fair_value": 53.927795, "relative_strength": -19.219939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.812359, "energy": 32.803591, "activity_lines": [ 38.966254, 39.005134, 39.79933, 41.244962 ] }, { "date": "2026-07-17", "close": 38.34, "volume": 1545689, "typical_volume": 1720918.5, "trend": 43.06004, "fair_value": 53.911153, "relative_strength": -19.111556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.018824, "energy": 33.879438, "activity_lines": [ 38.646145, 38.87463, 39.5931, 40.917962 ] }, { "date": "2026-07-24", "close": 38.27, "volume": 1527390, "typical_volume": 1719385.1, "trend": 42.736045, "fair_value": 53.87508, "relative_strength": -18.177866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.550177, "energy": 33.803214, "activity_lines": [ 38.488835, 38.781581, 39.415724, 40.608928 ] }, { "date": "2026-07-31", "close": 37.41, "volume": 1250659, "typical_volume": 1697664.8, "trend": 42.422256, "fair_value": 53.830272, "relative_strength": -20.368076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.105284, "energy": 34.705347, "activity_lines": [ 38.107149, 38.516531, 39.179956, 40.265312 ] }, { "date": "2026-08-07", "close": 41.07, "volume": 1490802, "typical_volume": 1649062.9, "trend": 42.124809, "fair_value": 53.856264, "relative_strength": -15.307531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.203357, "energy": 18.193883, "activity_lines": [ 39.044, 38.929482, 39.310145, 40.17807 ] } ], "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." } } }