{ "ticker": { "uuid": "3d5c81fb-1aff-4cd0-a290-1bba6af1dfc3", "symbol": "CORE-D", "name": "Corem Property Group AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.629, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -32.384, "architecture_energy": 17.505, "architecture_maturity": 26.498, "architecture_confidence": 82.006, "architecture_tenure": "Developing", "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": 44.01, "rotation_up": 24.42, "upward_expansion": 15.02, "deceleration": 37.71, "rotation_down": 33.37, "downward_expansion": 60.36 }, "activity_lines": [ 227.9, 227.369879, 229.298091, 230.291779 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 231.0, "trend_reference": 231.397026, "distance_from_trend": -0.001716, "trend_direction": "Weakening", "fair_value": 203.625977, "distance_from_fair_value": 0.134433, "fair_value_direction": "Weakening", "relative_strength": -11.591033, "relative_strength_direction": "Weakening", "price_momentum": -0.012552, "excess_performance": -0.074047, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.001716, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.008445, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.134433, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.067841, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.11591, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032692, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.012552, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.825245, "read": "Supply-led" } ], "volume": { "latest": 33740, "relative_activity": 0.798783, "balance": 0.825245, "dry_up": 0.800908, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.031493, "annualized_volatility": 0.16268, "from_high_reference": -0.051945, "from_low_reference": 0.077626 }, "levels": { "trend_reference": 231.397026, "fair_value_reference": 203.625977, "structural_low": 214.36016, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.017466, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": 0.006224, "regime_survival": 0.583333, "best_return": 0.390161, "worst_return": -0.143743, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.030581, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.007347, "regime_survival": 0.333333, "best_return": 0.140369, "worst_return": -0.087728, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.08312, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.134402, "regime_survival": 0.333333, "best_return": 0.72154, "worst_return": -0.304652, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.163818, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.018612, "regime_survival": 0.0, "best_return": 0.197069, "worst_return": 0.130566, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-25", "end": "2025-01-03", "tenure": "Developing", "return": -0.00382, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": -0.038961, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-05-16", "tenure": "Established", "return": -0.007939, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.038031, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.055585, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-10-17", "tenure": "Established", "return": 0.03126, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-26", "tenure": "Developing", "return": 0.020747, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.008316, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": 0.008547, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.021231, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": -0.055901, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": 0.013187, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.013158, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 122.066948, "volume": 46385, "typical_volume": 68290.7, "trend": 115.830509, "fair_value": 160.326663, "relative_strength": -2.859514, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.874619, "energy": 41.594977, "activity_lines": [ 122.34865, 118.393025, 110.280726, 111.605974 ] }, { "date": "2023-08-25", "close": 125.353386, "volume": 22213, "typical_volume": 66033.45, "trend": 115.213818, "fair_value": 160.022548, "relative_strength": 0.549366, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.026869, "energy": 31.605834, "activity_lines": [ 123.245898, 120.861096, 111.821549, 112.220353 ] }, { "date": "2023-09-01", "close": 125.353386, "volume": 19705, "typical_volume": 64485.65, "trend": 114.553491, "fair_value": 159.723676, "relative_strength": -0.312529, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.608894, "energy": 41.442165, "activity_lines": [ 124.132712, 122.658801, 113.337742, 112.874519 ] }, { "date": "2023-09-08", "close": 122.066948, "volume": 30881, "typical_volume": 62839.45, "trend": 114.452705, "fair_value": 159.401823, "relative_strength": -1.522109, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.930358, "energy": 34.178025, "activity_lines": [ 123.684085, 123.133978, 114.543494, 113.359258 ] }, { "date": "2023-09-15", "close": 122.692924, "volume": 30729, "typical_volume": 58287.05, "trend": 114.527935, "fair_value": 159.090731, "relative_strength": -0.57067, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 30.048755, "energy": 34.506773, "activity_lines": [ 123.371086, 123.225027, 115.820628, 113.890885 ] }, { "date": "2023-09-22", "close": 131.61322, "volume": 30957, "typical_volume": 54261.65, "trend": 114.585359, "fair_value": 158.859827, "relative_strength": 9.021721, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.456479, "energy": 57.688478, "activity_lines": [ 126.073253, 124.758689, 117.914606, 114.993161 ] }, { "date": "2023-09-29", "close": 127.125191, "volume": 45213, "typical_volume": 48440.8, "trend": 114.226515, "fair_value": 158.595372, "relative_strength": 6.434739, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.934681, "energy": 45.769726, "activity_lines": [ 126.642993, 125.319849, 119.493092, 115.802183 ] }, { "date": "2023-10-06", "close": 126.640579, "volume": 33201, "typical_volume": 47745.8, "trend": 114.011518, "fair_value": 158.331283, "relative_strength": 6.431948, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.059088, "energy": 51.46189, "activity_lines": [ 126.933074, 125.757838, 120.882191, 116.60309 ] }, { "date": "2023-10-13", "close": 124.056084, "volume": 22861, "typical_volume": 47524.95, "trend": 114.069157, "fair_value": 158.050339, "relative_strength": 2.848563, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.662553, "energy": 51.796128, "activity_lines": [ 126.275845, 125.637072, 121.89209, 117.251126 ] }, { "date": "2023-10-20", "close": 127.286728, "volume": 59088, "typical_volume": 40901.5, "trend": 114.573877, "fair_value": 157.800228, "relative_strength": 11.249339, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.304187, "energy": 39.319175, "activity_lines": [ 126.562888, 126.047611, 123.105373, 118.103873 ] }, { "date": "2023-10-27", "close": 117.756386, "volume": 45880, "typical_volume": 39730.1, "trend": 114.447989, "fair_value": 157.477294, "relative_strength": 4.43915, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.944779, "energy": 21.984219, "activity_lines": [ 123.366896, 124.65322, 123.176151, 118.309196 ] }, { "date": "2023-11-03", "close": 128.417435, "volume": 53828, "typical_volume": 38484.8, "trend": 114.722538, "fair_value": 157.244815, "relative_strength": 9.82136, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.837883, "energy": 25.83348, "activity_lines": [ 124.648377, 125.275575, 124.131456, 119.210451 ] }, { "date": "2023-11-10", "close": 127.609779, "volume": 22883, "typical_volume": 37726.65, "trend": 114.779877, "fair_value": 157.009616, "relative_strength": 9.655407, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.848317, "energy": 27.08756, "activity_lines": [ 125.574489, 125.695373, 124.819678, 120.041886 ] }, { "date": "2023-11-17", "close": 130.840408, "volume": 25326, "typical_volume": 35375.1, "trend": 114.989972, "fair_value": 156.803559, "relative_strength": 8.033984, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.230183, "energy": 35.648723, "activity_lines": [ 127.512864, 126.661533, 125.614955, 121.078049 ] }, { "date": "2023-11-24", "close": 132.455719, "volume": 20784, "typical_volume": 33474.5, "trend": 115.544349, "fair_value": 156.613342, "relative_strength": 7.773912, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.494951, "energy": 50.289047, "activity_lines": [ 129.537388, 127.761869, 126.391879, 122.204871 ] }, { "date": "2023-12-01", "close": 134.232574, "volume": 17121, "typical_volume": 32336.5, "trend": 116.24809, "fair_value": 156.439848, "relative_strength": 8.065524, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.232851, "energy": 58.71792, "activity_lines": [ 131.809598, 129.007763, 127.244589, 123.410563 ] }, { "date": "2023-12-08", "close": 135.84787, "volume": 28684, "typical_volume": 32519.45, "trend": 117.541481, "fair_value": 156.281448, "relative_strength": 6.31812, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.909534, "energy": 63.78173, "activity_lines": [ 133.521827, 130.499724, 128.197677, 124.675065 ] }, { "date": "2023-12-15", "close": 142.632202, "volume": 70046, "typical_volume": 34034.3, "trend": 119.005933, "fair_value": 156.177255, "relative_strength": 8.171374, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.929838, "energy": 69.809061, "activity_lines": [ 137.000137, 133.066605, 129.746172, 126.293821 ] }, { "date": "2023-12-22", "close": 147.155075, "volume": 46654, "typical_volume": 34536.75, "trend": 120.505974, "fair_value": 156.108905, "relative_strength": 11.961312, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.923515, "energy": 79.609587, "activity_lines": [ 140.984577, 136.165069, 131.625998, 128.109895 ] }, { "date": "2023-12-29", "close": 151.009781, "volume": 32064, "typical_volume": 35225.15, "trend": 122.940719, "fair_value": 156.070566, "relative_strength": 13.793234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.224581, "energy": 86.173322, "activity_lines": [ 145.166275, 139.544408, 133.748254, 130.077883 ] }, { "date": "2024-01-05", "close": 153.167068, "volume": 27156, "typical_volume": 34263.7, "trend": 125.036756, "fair_value": 156.048898, "relative_strength": 18.363418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.179558, "energy": 90.06194, "activity_lines": [ 148.830131, 142.884653, 135.944105, 132.02797 ] }, { "date": "2024-01-12", "close": 155.490265, "volume": 29498, "typical_volume": 34627.95, "trend": 127.270324, "fair_value": 156.04476, "relative_strength": 19.19205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.250663, "energy": 90.777273, "activity_lines": [ 152.006086, 146.003466, 138.213117, 133.992712 ] }, { "date": "2024-01-19", "close": 149.350327, "volume": 20397, "typical_volume": 34662.55, "trend": 129.399377, "fair_value": 155.995536, "relative_strength": 17.334937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.330608, "energy": 84.947771, "activity_lines": [ 151.825902, 147.513694, 139.753865, 135.417229 ] }, { "date": "2024-01-26", "close": 153.498932, "volume": 24765, "typical_volume": 34356.75, "trend": 131.360004, "fair_value": 155.977313, "relative_strength": 16.950337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.118495, "energy": 80.38052, "activity_lines": [ 152.580712, 149.382931, 141.575446, 136.972039 ] }, { "date": "2024-02-02", "close": 156.320007, "volume": 28983, "typical_volume": 34269.45, "trend": 132.809548, "fair_value": 155.979796, "relative_strength": 19.098084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.587158, "energy": 76.141343, "activity_lines": [ 153.852956, 151.353117, 143.516025, 138.582361 ] }, { "date": "2024-02-09", "close": 152.835144, "volume": 20780, "typical_volume": 33760.6, "trend": 133.803854, "fair_value": 155.957173, "relative_strength": 16.879596, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.484553, "energy": 58.030011, "activity_lines": [ 153.609564, 152.255796, 144.964583, 139.874335 ] }, { "date": "2024-02-16", "close": 153.664902, "volume": 44854, "typical_volume": 33742.65, "trend": 134.752789, "fair_value": 155.940799, "relative_strength": 14.352483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.093567, "energy": 56.011527, "activity_lines": [ 153.664887, 152.971112, 146.391109, 141.155693 ] }, { "date": "2024-02-23", "close": 166.35968, "volume": 62422, "typical_volume": 35203.7, "trend": 136.239646, "fair_value": 156.014692, "relative_strength": 22.053807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.482608, "energy": 66.914229, "activity_lines": [ 158.073492, 155.670623, 148.900282, 143.194847 ] }, { "date": "2024-03-01", "close": 183.368988, "volume": 45362, "typical_volume": 36328.75, "trend": 138.319562, "fair_value": 156.207328, "relative_strength": 32.504966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.80586, "energy": 82.79808, "activity_lines": [ 167.017911, 161.031326, 152.840251, 146.23545 ] }, { "date": "2024-03-08", "close": 181.709564, "volume": 42034, "typical_volume": 35476.05, "trend": 140.265917, "fair_value": 156.385665, "relative_strength": 29.376841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.851776, "energy": 93.825251, "activity_lines": [ 173.417851, 165.431882, 156.339737, 149.034805 ] }, { "date": "2024-03-15", "close": 185.443329, "volume": 42223, "typical_volume": 35293.2, "trend": 142.378463, "fair_value": 156.587455, "relative_strength": 29.000346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.860496, "energy": 94.349316, "activity_lines": [ 179.369742, 169.953126, 159.935663, 151.949477 ] }, { "date": "2024-03-22", "close": 193.325714, "volume": 36366, "typical_volume": 34420.1, "trend": 144.644207, "fair_value": 156.840822, "relative_strength": 33.42479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.456852, "energy": 95.692366, "activity_lines": [ 185.775216, 175.320689, 163.959973, 155.236396 ] }, { "date": "2024-03-29", "close": 196.70816, "volume": 31946, "typical_volume": 34873.25, "trend": 147.022699, "fair_value": 157.113886, "relative_strength": 35.555848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.121029, "energy": 94.198352, "activity_lines": [ 190.664117, 180.615326, 167.997335, 158.595361 ] }, { "date": "2024-04-05", "close": 192.0448, "volume": 24130, "typical_volume": 34813.45, "trend": 149.355295, "fair_value": 157.351511, "relative_strength": 32.098977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.842083, "energy": 84.917087, "activity_lines": [ 191.975334, 184.201027, 171.261527, 161.500013 ] }, { "date": "2024-04-12", "close": 189.077225, "volume": 42050, "typical_volume": 35876.75, "trend": 151.568105, "fair_value": 157.565874, "relative_strength": 29.111798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.976671, "energy": 67.545589, "activity_lines": [ 191.718971, 186.546336, 173.951643, 164.062718 ] }, { "date": "2024-04-19", "close": 189.077225, "volume": 15569, "typical_volume": 35799.15, "trend": 153.483571, "fair_value": 157.77736, "relative_strength": 28.514015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.893541, "energy": 65.350509, "activity_lines": [ 190.971431, 188.296058, 176.372133, 166.482661 ] }, { "date": "2024-04-26", "close": 188.653275, "volume": 31047, "typical_volume": 35917.3, "trend": 155.534507, "fair_value": 157.983199, "relative_strength": 24.510641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.74043, "energy": 60.721156, "activity_lines": [ 189.840314, 189.309752, 178.491082, 168.751674 ] }, { "date": "2024-05-03", "close": 188.653275, "volume": 9594, "typical_volume": 32894.7, "trend": 157.601597, "fair_value": 158.186312, "relative_strength": 24.41385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.567415, "energy": 51.834252, "activity_lines": [ 189.020693, 189.687294, 180.358576, 170.888369 ] }, { "date": "2024-05-10", "close": 192.0448, "volume": 19259, "typical_volume": 31524.95, "trend": 159.867888, "fair_value": 158.409065, "relative_strength": 21.260106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.28088, "energy": 49.692526, "activity_lines": [ 189.868573, 190.276138, 182.329925, 173.110511 ] }, { "date": "2024-05-17", "close": 198.4039, "volume": 28166, "typical_volume": 31330.05, "trend": 162.23846, "fair_value": 158.67047, "relative_strength": 25.188359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.668769, "energy": 57.370475, "activity_lines": [ 192.836153, 191.863441, 184.693142, 175.596705 ] }, { "date": "2024-05-24", "close": 197.97998, "volume": 25384, "typical_volume": 31241.45, "trend": 164.91258, "fair_value": 158.925726, "relative_strength": 22.678858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.129165, "energy": 60.533455, "activity_lines": [ 195.040648, 193.070133, 186.790299, 177.90261 ] }, { "date": "2024-05-31", "close": 201.795425, "volume": 62502, "typical_volume": 32891.65, "trend": 167.358513, "fair_value": 159.202305, "relative_strength": 24.331914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.801026, "energy": 64.685382, "activity_lines": [ 197.923441, 194.742604, 189.037437, 180.282148 ] }, { "date": "2024-06-07", "close": 198.827835, "volume": 11927, "typical_volume": 32468.15, "trend": 169.732448, "fair_value": 159.456315, "relative_strength": 20.23697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.201766, "energy": 64.587313, "activity_lines": [ 198.940894, 195.721518, 190.781447, 182.312427 ] }, { "date": "2024-06-14", "close": 198.827835, "volume": 18075, "typical_volume": 32133.65, "trend": 171.998696, "fair_value": 159.550681, "relative_strength": 21.679379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.260227, "energy": 57.432707, "activity_lines": [ 199.280043, 196.661893, 192.289849, 184.189549 ] }, { "date": "2024-06-21", "close": 203.067245, "volume": 13493, "typical_volume": 31359.15, "trend": 174.352413, "fair_value": 159.670199, "relative_strength": 22.188428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.951182, "energy": 60.39071, "activity_lines": [ 200.580127, 198.249742, 193.986153, 186.193971 ] }, { "date": "2024-06-28", "close": 203.094543, "volume": 18275, "typical_volume": 31233.9, "trend": 176.647812, "fair_value": 159.769579, "relative_strength": 21.03858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.61237, "energy": 57.682362, "activity_lines": [ 201.57842, 199.58819, 195.462451, 188.048302 ] }, { "date": "2024-07-05", "close": 205.259735, "volume": 19056, "typical_volume": 29944.0, "trend": 178.961541, "fair_value": 159.882838, "relative_strength": 21.868559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.14922, "energy": 58.378419, "activity_lines": [ 202.957472, 201.065449, 196.905627, 189.894233 ] }, { "date": "2024-07-12", "close": 206.991867, "volume": 18843, "typical_volume": 27765.05, "trend": 181.106863, "fair_value": 159.990729, "relative_strength": 18.606231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.148411, "energy": 60.383994, "activity_lines": [ 204.682949, 202.555705, 198.268079, 191.702641 ] }, { "date": "2024-07-19", "close": 213.054382, "volume": 23285, "typical_volume": 26661.2, "trend": 183.303507, "fair_value": 160.121009, "relative_strength": 23.96999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.364847, "energy": 65.803711, "activity_lines": [ 207.884994, 204.814808, 200.014426, 193.763771 ] }, { "date": "2024-07-26", "close": 218.683868, "volume": 15113, "typical_volume": 25315.15, "trend": 185.55931, "fair_value": 160.291493, "relative_strength": 25.731669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.584391, "energy": 79.476611, "activity_lines": [ 212.015099, 207.715461, 202.155556, 196.046375 ] }, { "date": "2024-08-02", "close": 218.683868, "volume": 12798, "typical_volume": 23843.9, "trend": 187.743203, "fair_value": 160.439328, "relative_strength": 30.169009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.850213, "energy": 83.783365, "activity_lines": [ 215.104095, 210.247388, 204.120618, 198.183443 ] }, { "date": "2024-08-09", "close": 217.81781, "volume": 37211, "typical_volume": 23886.15, "trend": 189.820788, "fair_value": 160.558961, "relative_strength": 28.909262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.245641, "energy": 68.787621, "activity_lines": [ 216.865117, 212.245415, 205.844909, 200.123741 ] }, { "date": "2024-08-16", "close": 219.983002, "volume": 18952, "typical_volume": 23236.45, "trend": 192.17521, "fair_value": 160.692473, "relative_strength": 25.31137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.723455, "energy": 66.729703, "activity_lines": [ 218.510665, 214.345797, 207.658781, 202.06969 ] }, { "date": "2024-08-23", "close": 223.880341, "volume": 23303, "typical_volume": 23195.1, "trend": 194.521257, "fair_value": 160.861264, "relative_strength": 25.214632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.173939, "energy": 64.298977, "activity_lines": [ 220.58925, 216.770147, 209.732994, 204.115182 ] }, { "date": "2024-08-30", "close": 224.31337, "volume": 27682, "typical_volume": 22476.7, "trend": 196.787703, "fair_value": 161.018417, "relative_strength": 22.701811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.199874, "energy": 64.94447, "activity_lines": [ 222.090447, 218.81773, 211.696851, 206.037254 ] }, { "date": "2024-09-06", "close": 226.045532, "volume": 23578, "typical_volume": 22877.15, "trend": 199.228049, "fair_value": 161.190792, "relative_strength": 28.153608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.703089, "energy": 72.392757, "activity_lines": [ 223.793732, 220.793958, 213.657885, 207.924856 ] }, { "date": "2024-09-13", "close": 229.509827, "volume": 30023, "typical_volume": 22825.95, "trend": 201.756213, "fair_value": 161.387432, "relative_strength": 26.641773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.350911, "energy": 77.873742, "activity_lines": [ 226.161004, 222.982767, 215.772812, 209.878519 ] }, { "date": "2024-09-20", "close": 236.005371, "volume": 41994, "typical_volume": 24445.95, "trend": 204.077736, "fair_value": 161.642184, "relative_strength": 26.459274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.770235, "energy": 84.23727, "activity_lines": [ 229.913989, 225.911673, 218.311807, 212.088142 ] }, { "date": "2024-09-27", "close": 248.586639, "volume": 49716, "typical_volume": 25968.8, "trend": 206.251658, "fair_value": 161.975662, "relative_strength": 28.951188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.260995, "energy": 92.334243, "activity_lines": [ 236.792573, 230.600564, 221.823532, 214.959684 ] }, { "date": "2024-10-04", "close": 224.785782, "volume": 109775, "typical_volume": 30049.25, "trend": 207.687532, "fair_value": 162.154476, "relative_strength": 17.350418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.948787, "energy": 57.443048, "activity_lines": [ 234.090451, 230.315986, 222.799262, 216.155434 ] }, { "date": "2024-10-11", "close": 215.970642, "volume": 48518, "typical_volume": 31205.95, "trend": 208.705109, "fair_value": 162.272598, "relative_strength": 12.616944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.82718, "energy": 40.418118, "activity_lines": [ 228.418455, 228.317711, 222.809827, 216.689828 ] }, { "date": "2024-10-18", "close": 226.548813, "volume": 32128, "typical_volume": 29687.25, "trend": 209.812546, "fair_value": 162.458528, "relative_strength": 17.086672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.437133, "energy": 28.51077, "activity_lines": [ 226.944175, 228.292071, 223.742166, 217.841035 ] }, { "date": "2024-10-25", "close": 221.25972, "volume": 23621, "typical_volume": 30271.95, "trend": 210.630931, "fair_value": 162.589623, "relative_strength": 13.624782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.09592, "energy": 23.228119, "activity_lines": [ 223.904265, 227.146033, 224.05291, 218.579562 ] }, { "date": "2024-11-01", "close": 219.937469, "volume": 43430, "typical_volume": 31539.7, "trend": 211.560687, "fair_value": 162.70387, "relative_strength": 13.748074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.12822, "energy": 20.933472, "activity_lines": [ 221.406649, 225.736372, 224.130906, 219.179984 ] }, { "date": "2024-11-08", "close": 216.852158, "volume": 44674, "typical_volume": 33098.75, "trend": 212.486518, "fair_value": 162.804618, "relative_strength": 11.393784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.682309, "energy": 14.504537, "activity_lines": [ 219.79054, 223.837434, 223.814541, 219.521369 ] }, { "date": "2024-11-15", "close": 220.378204, "volume": 33811, "typical_volume": 33875.55, "trend": 213.529884, "fair_value": 162.917504, "relative_strength": 14.584239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.511024, "energy": 12.915141, "activity_lines": [ 219.878687, 222.715254, 223.768347, 220.03051 ] }, { "date": "2024-11-22", "close": 217.292923, "volume": 18082, "typical_volume": 33826.85, "trend": 214.484539, "fair_value": 163.029451, "relative_strength": 12.035741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.193837, "energy": 11.769365, "activity_lines": [ 218.644571, 221.135156, 223.346014, 220.273287 ] }, { "date": "2024-11-29", "close": 221.25972, "volume": 16812, "typical_volume": 33725.3, "trend": 215.57142, "fair_value": 163.162639, "relative_strength": 13.291348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.565074, "energy": 10.32877, "activity_lines": [ 219.349779, 220.498419, 223.24417, 220.710396 ] }, { "date": "2024-12-06", "close": 221.25972, "volume": 15030, "typical_volume": 33312.55, "trend": 216.545251, "fair_value": 163.287455, "relative_strength": 8.245518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.816044, "energy": 7.772147, "activity_lines": [ 220.054988, 220.129785, 223.074384, 221.077383 ] }, { "date": "2024-12-13", "close": 217.733673, "volume": 16868, "typical_volume": 33400.3, "trend": 217.189577, "fair_value": 163.398041, "relative_strength": 8.25791, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.438073, "energy": 6.489169, "activity_lines": [ 219.496697, 219.616905, 222.529711, 221.154055 ] }, { "date": "2024-12-20", "close": 219.055939, "volume": 18345, "typical_volume": 33677.65, "trend": 217.892109, "fair_value": 163.483613, "relative_strength": 11.783573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.90126, "energy": 6.14996, "activity_lines": [ 219.320394, 219.472656, 222.115493, 221.274466 ] }, { "date": "2024-12-27", "close": 220.414474, "volume": 15524, "typical_volume": 32593.3, "trend": 218.512744, "fair_value": 163.552677, "relative_strength": 11.08581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.591088, "energy": 9.386639, "activity_lines": [ 219.685087, 219.519318, 221.828888, 221.437199 ] }, { "date": "2025-01-03", "close": 220.414474, "volume": 9267, "typical_volume": 32109.05, "trend": 219.232298, "fair_value": 163.630247, "relative_strength": 9.558454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.407133, "energy": 7.058503, "activity_lines": [ 219.841677, 219.677513, 221.529917, 221.559891 ] }, { "date": "2025-01-10", "close": 207.819382, "volume": 33571, "typical_volume": 32622.45, "trend": 219.532016, "fair_value": 163.646216, "relative_strength": 2.392295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.146528, "energy": 37.319308, "activity_lines": [ 215.856252, 217.56106, 220.029359, 220.823574 ] }, { "date": "2025-01-17", "close": 204.670609, "volume": 29463, "typical_volume": 32711.5, "trend": 219.585462, "fair_value": 163.644127, "relative_strength": -3.074319, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.108849, "energy": 55.835127, "activity_lines": [ 211.717259, 215.092431, 218.305399, 219.864773 ] }, { "date": "2025-01-24", "close": 199.722519, "volume": 47761, "typical_volume": 33920.65, "trend": 219.473061, "fair_value": 163.629457, "relative_strength": -7.492688, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -78.88324, "energy": 77.82965, "activity_lines": [ 206.799773, 211.945633, 216.203729, 218.583293 ] }, { "date": "2025-01-31", "close": 206.919724, "volume": 17735, "typical_volume": 33306.25, "trend": 219.528394, "fair_value": 163.660922, "relative_strength": -4.448697, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.896497, "energy": 74.858094, "activity_lines": [ 205.570251, 210.482975, 214.912855, 217.7734 ] }, { "date": "2025-02-07", "close": 199.27269, "volume": 33112, "typical_volume": 32862.15, "trend": 219.271088, "fair_value": 163.654, "relative_strength": -7.13864, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.144323, "energy": 82.059339, "activity_lines": [ 202.691367, 207.81855, 213.001264, 216.466581 ] }, { "date": "2025-02-14", "close": 201.521805, "volume": 60796, "typical_volume": 33416.15, "trend": 218.886669, "fair_value": 163.667874, "relative_strength": -8.983426, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.119086, "energy": 75.157495, "activity_lines": [ 201.97164, 205.96282, 211.478791, 215.321466 ] }, { "date": "2025-02-21", "close": 201.521805, "volume": 39688, "typical_volume": 29911.8, "trend": 218.3146, "fair_value": 163.688127, "relative_strength": -9.347514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.942223, "energy": 61.700814, "activity_lines": [ 201.671752, 204.465961, 210.180437, 214.201152 ] }, { "date": "2025-02-28", "close": 203.77095, "volume": 81240, "typical_volume": 31547.9, "trend": 217.817503, "fair_value": 163.771704, "relative_strength": -8.356854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.858212, "energy": 48.583565, "activity_lines": [ 202.331499, 203.672799, 209.207068, 213.262852 ] }, { "date": "2025-03-07", "close": 196.123901, "volume": 45134, "typical_volume": 32198.2, "trend": 217.094373, "fair_value": 163.77224, "relative_strength": -11.917227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.023068, "energy": 50.971273, "activity_lines": [ 200.172335, 201.767173, 207.563503, 211.863265 ] }, { "date": "2025-03-14", "close": 195.674072, "volume": 34579, "typical_volume": 32746.1, "trend": 216.284075, "fair_value": 163.723112, "relative_strength": -10.579829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.909413, "energy": 49.783299, "activity_lines": [ 198.582949, 200.221407, 206.021977, 210.48131 ] }, { "date": "2025-03-21", "close": 199.722519, "volume": 35408, "typical_volume": 32345.0, "trend": 215.478814, "fair_value": 163.719073, "relative_strength": -6.882219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.834686, "energy": 43.874412, "activity_lines": [ 198.582953, 199.861548, 204.987854, 209.412822 ] }, { "date": "2025-03-28", "close": 199.753815, "volume": 21441, "typical_volume": 31183.35, "trend": 214.660162, "fair_value": 163.736535, "relative_strength": -3.702534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.88521, "energy": 42.282831, "activity_lines": [ 198.713341, 199.654594, 204.052973, 208.398306 ] }, { "date": "2025-04-04", "close": 196.071716, "volume": 46584, "typical_volume": 31822.0, "trend": 213.661035, "fair_value": 163.721743, "relative_strength": 4.854512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.252246, "energy": 40.042286, "activity_lines": [ 197.734229, 198.867564, 202.848837, 207.199052 ] }, { "date": "2025-04-11", "close": 189.628067, "volume": 74872, "typical_volume": 34661.5, "trend": 212.331643, "fair_value": 163.682946, "relative_strength": 1.650404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.631721, "energy": 45.079386, "activity_lines": [ 195.120517, 196.97534, 201.146765, 205.648538 ] }, { "date": "2025-04-18", "close": 185.025452, "volume": 94572, "typical_volume": 38549.5, "trend": 210.632313, "fair_value": 163.644924, "relative_strength": -4.167268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.504146, "energy": 50.222113, "activity_lines": [ 191.405655, 194.560671, 199.138087, 203.886848 ] }, { "date": "2025-04-25", "close": 189.628067, "volume": 39314, "typical_volume": 39763.7, "trend": 208.667027, "fair_value": 163.627755, "relative_strength": -4.770185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.68164, "energy": 53.131516, "activity_lines": [ 189.934906, 193.241881, 197.740296, 202.531735 ] }, { "date": "2025-05-02", "close": 196.531982, "volume": 22042, "typical_volume": 40022.4, "trend": 207.725233, "fair_value": 163.672143, "relative_strength": -2.854812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.773856, "energy": 42.845956, "activity_lines": [ 191.438426, 193.394599, 197.150649, 201.748829 ] }, { "date": "2025-05-09", "close": 200.674347, "volume": 36776, "typical_volume": 40943.95, "trend": 207.215357, "fair_value": 163.760386, "relative_strength": -0.464101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.23782, "energy": 28.601326, "activity_lines": [ 194.537522, 194.391197, 197.056472, 201.293933 ] }, { "date": "2025-05-16", "close": 205.276978, "volume": 35276, "typical_volume": 41931.55, "trend": 206.506296, "fair_value": 163.891109, "relative_strength": -2.087764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.887473, "energy": 15.135311, "activity_lines": [ 198.863987, 196.28094, 197.488173, 201.168877 ] }, { "date": "2025-05-23", "close": 205.737244, "volume": 46312, "typical_volume": 43783.8, "trend": 205.98888, "fair_value": 164.042084, "relative_strength": 0.506856, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.249284, "energy": 15.640838, "activity_lines": [ 202.300614, 198.087948, 198.035792, 201.11926 ] }, { "date": "2025-05-30", "close": 207.578293, "volume": 10051, "typical_volume": 42607.8, "trend": 205.576907, "fair_value": 164.204861, "relative_strength": 0.603801, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.490293, "energy": 19.543686, "activity_lines": [ 204.970137, 200.046725, 198.828641, 201.221803 ] }, { "date": "2025-06-06", "close": 213.561691, "volume": 15749, "typical_volume": 41922.1, "trend": 205.467225, "fair_value": 164.403831, "relative_strength": 2.246216, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.097575, "energy": 41.4363, "activity_lines": [ 208.437444, 202.95056, 200.192485, 201.73695 ] }, { "date": "2025-06-13", "close": 216.323273, "volume": 31586, "typical_volume": 41113.35, "trend": 205.332061, "fair_value": 164.648617, "relative_strength": 5.920771, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.632509, "energy": 54.91181, "activity_lines": [ 211.689965, 206.105449, 201.776999, 202.437341 ] }, { "date": "2025-06-20", "close": 222.766922, "volume": 30218, "typical_volume": 41737.5, "trend": 205.514527, "fair_value": 165.016892, "relative_strength": 9.324481, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.231926, "energy": 66.913339, "activity_lines": [ 216.047107, 210.063701, 203.896142, 203.56217 ] }, { "date": "2025-06-27", "close": 225.058655, "volume": 38120, "typical_volume": 41987.9, "trend": 205.641159, "fair_value": 165.581158, "relative_strength": 7.580322, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.180203, "energy": 69.510861, "activity_lines": [ 220.002164, 213.836106, 206.158082, 204.823082 ] }, { "date": "2025-07-04", "close": 228.34761, "volume": 32983, "typical_volume": 40597.25, "trend": 205.877422, "fair_value": 166.170041, "relative_strength": 8.611063, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.352789, "energy": 82.090943, "activity_lines": [ 223.765445, 217.478627, 208.610466, 206.288014 ] }, { "date": "2025-07-11", "close": 221.769714, "volume": 59751, "typical_volume": 41600.4, "trend": 206.011956, "fair_value": 166.685829, "relative_strength": 3.932654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.777655, "energy": 77.193155, "activity_lines": [ 223.951473, 219.221175, 210.308642, 207.313323 ] }, { "date": "2025-07-18", "close": 215.661636, "volume": 27517, "typical_volume": 38914.25, "trend": 205.898813, "fair_value": 167.04095, "relative_strength": 0.962872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.750318, "energy": 64.732354, "activity_lines": [ 221.554273, 219.394296, 211.328677, 207.935883 ] }, { "date": "2025-07-25", "close": 223.649109, "volume": 23420, "typical_volume": 37828.55, "trend": 206.006634, "fair_value": 167.339018, "relative_strength": 2.283515, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.236248, "energy": 52.937457, "activity_lines": [ 221.863674, 220.747188, 213.052802, 209.081064 ] }, { "date": "2025-08-01", "close": 224.118958, "volume": 43007, "typical_volume": 38249.95, "trend": 206.130117, "fair_value": 167.666609, "relative_strength": 5.445206, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.714318, "energy": 46.585843, "activity_lines": [ 222.270878, 221.851468, 214.690602, 210.249601 ] }, { "date": "2025-08-08", "close": 230.22702, "volume": 35234, "typical_volume": 38241.25, "trend": 206.877038, "fair_value": 167.947191, "relative_strength": 5.434977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.32728, "energy": 53.734847, "activity_lines": [ 224.77675, 223.732093, 216.774671, 211.80424 ] }, { "date": "2025-08-15", "close": 230.22702, "volume": 35988, "typical_volume": 38968.6, "trend": 207.728918, "fair_value": 168.329401, "relative_strength": 3.920827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.061974, "energy": 67.347365, "activity_lines": [ 227.157327, 225.200922, 218.71348, 213.31069 ] }, { "date": "2025-08-22", "close": 232.10643, "volume": 22623, "typical_volume": 37770.55, "trend": 208.808382, "fair_value": 168.734706, "relative_strength": 2.901552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.915351, "energy": 76.418669, "activity_lines": [ 229.600554, 226.708456, 220.686169, 214.883433 ] }, { "date": "2025-08-29", "close": 234.925537, "volume": 39047, "typical_volume": 35979.3, "trend": 209.741909, "fair_value": 169.206686, "relative_strength": 6.601258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.291175, "energy": 80.756357, "activity_lines": [ 231.887164, 228.441589, 222.755751, 216.568411 ] }, { "date": "2025-09-05", "close": 234.455688, "volume": 44964, "typical_volume": 33498.9, "trend": 210.914676, "fair_value": 169.651352, "relative_strength": 6.394696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.796758, "energy": 77.216577, "activity_lines": [ 233.265396, 229.868229, 224.564884, 218.162848 ] }, { "date": "2025-09-12", "close": 231.636581, "volume": 44875, "typical_volume": 33776.95, "trend": 211.918502, "fair_value": 169.996203, "relative_strength": 4.841076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.705571, "energy": 61.375391, "activity_lines": [ 233.01481, 230.611449, 225.870148, 219.499745 ] }, { "date": "2025-09-19", "close": 235.395386, "volume": 33447, "typical_volume": 34347.2, "trend": 213.047621, "fair_value": 170.508753, "relative_strength": 6.158921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.849518, "energy": 59.829349, "activity_lines": [ 233.923188, 231.978288, 227.333353, 221.014383 ] }, { "date": "2025-09-26", "close": 234.455688, "volume": 54286, "typical_volume": 35222.7, "trend": 214.070446, "fair_value": 171.122219, "relative_strength": 5.940691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.632231, "energy": 55.023362, "activity_lines": [ 234.173776, 232.926534, 228.521999, 222.395548 ] }, { "date": "2025-10-03", "close": 232.05838, "volume": 57394, "typical_volume": 36328.6, "trend": 215.268262, "fair_value": 171.809989, "relative_strength": 1.646649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.817557, "energy": 47.129302, "activity_lines": [ 233.468644, 233.097195, 229.321466, 223.55606 ] }, { "date": "2025-10-10", "close": 231.099457, "volume": 27952, "typical_volume": 35410.6, "trend": 216.449108, "fair_value": 172.514255, "relative_strength": 1.984135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.899971, "energy": 39.930588, "activity_lines": [ 232.635015, 232.940611, 229.902077, 224.577428 ] }, { "date": "2025-10-17", "close": 228.702179, "volume": 19275, "typical_volume": 35871.8, "trend": 217.415097, "fair_value": 173.225798, "relative_strength": 1.2161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.786584, "energy": 29.835082, "activity_lines": [ 231.226042, 232.22124, 230.133604, 225.367948 ] }, { "date": "2025-10-24", "close": 231.099457, "volume": 35290, "typical_volume": 36848.85, "trend": 218.459951, "fair_value": 173.940933, "relative_strength": -0.804962, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.334972, "energy": 23.353176, "activity_lines": [ 230.811788, 231.965463, 230.492852, 226.25081 ] }, { "date": "2025-10-31", "close": 230.140549, "volume": 21180, "typical_volume": 36328.55, "trend": 219.595579, "fair_value": 174.623655, "relative_strength": -0.44406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.187674, "energy": 18.551418, "activity_lines": [ 230.364294, 231.519476, 230.677263, 227.004397 ] }, { "date": "2025-11-07", "close": 227.743256, "volume": 31637, "typical_volume": 36399.5, "trend": 220.866085, "fair_value": 175.290103, "relative_strength": -0.224302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.84498, "energy": 17.226313, "activity_lines": [ 229.405377, 230.67336, 230.567564, 227.530054 ] }, { "date": "2025-11-14", "close": 231.099457, "volume": 32928, "typical_volume": 36139.9, "trend": 222.401885, "fair_value": 176.021542, "relative_strength": 0.456477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.361492, "energy": 12.66107, "activity_lines": [ 229.85287, 230.56805, 230.753806, 228.190271 ] }, { "date": "2025-11-21", "close": 226.784348, "volume": 46676, "typical_volume": 36824.55, "trend": 223.640428, "fair_value": 176.703582, "relative_strength": 0.746599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.403582, "energy": 8.819739, "activity_lines": [ 228.861993, 229.739197, 230.500319, 228.473011 ] }, { "date": "2025-11-28", "close": 232.05838, "volume": 27464, "typical_volume": 35210.2, "trend": 224.824641, "fair_value": 177.428487, "relative_strength": -0.070135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.429961, "energy": 11.22001, "activity_lines": [ 229.756982, 229.957482, 230.756566, 229.016105 ] }, { "date": "2025-12-05", "close": 232.537842, "volume": 26265, "typical_volume": 35147.6, "trend": 225.886758, "fair_value": 178.151032, "relative_strength": -1.185952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.934897, "energy": 20.318502, "activity_lines": [ 230.747863, 230.323614, 231.009482, 229.51373 ] }, { "date": "2025-12-12", "close": 235.414597, "volume": 16338, "typical_volume": 34793.5, "trend": 226.891345, "fair_value": 178.883865, "relative_strength": 0.275352, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.726687, "energy": 28.849828, "activity_lines": [ 232.537843, 231.247662, 231.456011, 230.12843 ] }, { "date": "2025-12-19", "close": 233.496765, "volume": 13586, "typical_volume": 33322.45, "trend": 227.816663, "fair_value": 179.592629, "relative_strength": -1.105879, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.949624, "energy": 40.631456, "activity_lines": [ 233.177123, 231.761992, 231.663864, 230.554586 ] }, { "date": "2025-12-26", "close": 235.894058, "volume": 9026, "typical_volume": 32012.05, "trend": 228.760521, "fair_value": 180.309435, "relative_strength": -0.232778, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.965595, "energy": 53.807413, "activity_lines": [ 234.45568, 232.668606, 232.055374, 231.075708 ] }, { "date": "2026-01-02", "close": 235.404648, "volume": 28257, "typical_volume": 31625.5, "trend": 229.48862, "fair_value": 180.931728, "relative_strength": -1.410518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.431732, "energy": 56.630121, "activity_lines": [ 234.963787, 233.355474, 232.373288, 231.504361 ] }, { "date": "2026-01-09", "close": 235.894058, "volume": 27508, "typical_volume": 31869.75, "trend": 230.140979, "fair_value": 181.520796, "relative_strength": -4.240324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.633452, "energy": 52.198513, "activity_lines": [ 235.411946, 234.05305, 232.713157, 231.917616 ] }, { "date": "2026-01-16", "close": 236.872879, "volume": 34479, "typical_volume": 31641.35, "trend": 230.611178, "fair_value": 182.137582, "relative_strength": -5.877898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.313421, "energy": 55.01563, "activity_lines": [ 235.96263, 234.823984, 233.128211, 232.351932 ] }, { "date": "2026-01-23", "close": 233.936432, "volume": 38735, "typical_volume": 31329.9, "trend": 230.907104, "fair_value": 182.715033, "relative_strength": -6.32065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.691357, "energy": 36.251973, "activity_lines": [ 235.43728, 234.895026, 233.25433, 232.566464 ] }, { "date": "2026-01-30", "close": 233.936432, "volume": 26276, "typical_volume": 30399.95, "trend": 231.093398, "fair_value": 183.284093, "relative_strength": -6.717106, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.600572, "energy": 25.983807, "activity_lines": [ 234.882619, 234.914486, 233.382921, 232.761905 ] }, { "date": "2026-02-06", "close": 233.936432, "volume": 34143, "typical_volume": 30434.75, "trend": 231.498955, "fair_value": 183.981823, "relative_strength": -9.512633, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.126205, "energy": 20.162569, "activity_lines": [ 234.458467, 234.803909, 233.500561, 232.945326 ] }, { "date": "2026-02-13", "close": 233.447021, "volume": 34481, "typical_volume": 29444.5, "trend": 232.091801, "fair_value": 184.706252, "relative_strength": -9.695752, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.700897, "energy": 16.540754, "activity_lines": [ 233.969058, 234.570201, 233.578538, 233.071008 ] }, { "date": "2026-02-20", "close": 225.127106, "volume": 106372, "typical_volume": 31893.4, "trend": 232.141068, "fair_value": 185.316743, "relative_strength": -14.512938, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.01904, "energy": 23.140542, "activity_lines": [ 230.86948, 232.80725, 232.868945, 232.621673 ] }, { "date": "2026-02-27", "close": 231.489395, "volume": 56596, "typical_volume": 33325.6, "trend": 232.386749, "fair_value": 185.916736, "relative_strength": -13.190879, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.764812, "energy": 16.63079, "activity_lines": [ 230.673717, 232.388125, 232.798291, 232.579629 ] }, { "date": "2026-03-06", "close": 225.127106, "volume": 28814, "typical_volume": 33802.55, "trend": 232.216752, "fair_value": 186.506714, "relative_strength": -10.5053, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.016579, "energy": 45.44698, "activity_lines": [ 228.520327, 230.848718, 232.119847, 232.111265 ] }, { "date": "2026-03-13", "close": 229.042358, "volume": 35265, "typical_volume": 33801.3, "trend": 232.177263, "fair_value": 187.190788, "relative_strength": -8.413004, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.20878, "energy": 46.082326, "activity_lines": [ 228.259309, 230.216937, 231.831309, 231.906466 ] }, { "date": "2026-03-20", "close": 230.51059, "volume": 44912, "typical_volume": 34987.9, "trend": 232.124069, "fair_value": 187.949541, "relative_strength": -2.971369, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.622218, "energy": 32.483876, "activity_lines": [ 228.813973, 229.967786, 231.692398, 231.798938 ] }, { "date": "2026-03-27", "close": 231.0, "volume": 40534, "typical_volume": 35432.75, "trend": 231.993217, "fair_value": 188.651252, "relative_strength": -2.786514, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.122539, "energy": 24.55896, "activity_lines": [ 229.727536, 229.9055, 231.598335, 231.726418 ] }, { "date": "2026-04-03", "close": 235.5, "volume": 35271, "typical_volume": 35549.9, "trend": 232.028028, "fair_value": 189.390477, "relative_strength": -4.153379, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.689243, "energy": 9.970881, "activity_lines": [ 231.749573, 230.768175, 231.917335, 231.952662 ] }, { "date": "2026-04-10", "close": 240.0, "volume": 40491, "typical_volume": 35240.65, "trend": 232.306809, "fair_value": 190.121954, "relative_strength": -6.719619, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.52586, "energy": 31.523658, "activity_lines": [ 235.004236, 232.420603, 232.643952, 232.466982 ] }, { "date": "2026-04-17", "close": 240.5, "volume": 37418, "typical_volume": 35738.35, "trend": 232.476962, "fair_value": 190.865303, "relative_strength": -8.583934, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.613906, "energy": 47.507487, "activity_lines": [ 237.434039, 234.053694, 233.355257, 232.995575 ] }, { "date": "2026-04-24", "close": 241.5, "volume": 50346, "typical_volume": 36942.4, "trend": 232.711773, "fair_value": 191.670915, "relative_strength": -5.798998, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.438046, "energy": 62.812356, "activity_lines": [ 239.433333, 235.749265, 234.121601, 233.577707 ] }, { "date": "2026-05-01", "close": 232.403442, "volume": 68688, "typical_volume": 39559.9, "trend": 232.723275, "fair_value": 192.43555, "relative_strength": -8.062158, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.527233, "energy": 46.30302, "activity_lines": [ 237.667814, 235.644499, 233.978929, 233.557815 ] }, { "date": "2026-05-08", "close": 232.403442, "volume": 59959, "typical_volume": 41878.55, "trend": 232.766741, "fair_value": 193.303225, "relative_strength": -8.32183, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.037022, "energy": 22.568832, "activity_lines": [ 235.808732, 235.407436, 233.850596, 233.53718 ] }, { "date": "2026-05-15", "close": 237.296143, "volume": 31611, "typical_volume": 43007.8, "trend": 233.053206, "fair_value": 194.191671, "relative_strength": -5.187259, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.108236, "energy": 17.466957, "activity_lines": [ 235.786987, 236.043336, 234.193442, 233.8294 ] }, { "date": "2026-05-22", "close": 242.678116, "volume": 60614, "typical_volume": 44625.65, "trend": 233.439162, "fair_value": 195.092468, "relative_strength": -6.289854, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.707321, "energy": 26.32505, "activity_lines": [ 237.739491, 237.436521, 235.042179, 234.450362 ] }, { "date": "2026-05-29", "close": 228.0, "volume": 188768, "typical_volume": 52688.65, "trend": 233.36781, "fair_value": 196.054215, "relative_strength": -11.515027, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.568943, "energy": 7.911206, "activity_lines": [ 234.654081, 235.913035, 234.458365, 234.099448 ] }, { "date": "2026-06-05", "close": 222.618027, "volume": 9548, "typical_volume": 51442.1, "trend": 233.196969, "fair_value": 196.902497, "relative_strength": -12.731357, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.848507, "energy": 19.881996, "activity_lines": [ 230.674681, 233.456656, 233.399573, 233.405914 ] }, { "date": "2026-06-12", "close": 226.532196, "volume": 6177, "typical_volume": 49814.2, "trend": 233.044727, "fair_value": 197.787427, "relative_strength": -10.797838, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.028549, "energy": 44.064624, "activity_lines": [ 228.652364, 231.864343, 232.781439, 232.975928 ] }, { "date": "2026-06-19", "close": 225.55365, "volume": 20070, "typical_volume": 49503.9, "trend": 233.003704, "fair_value": 198.685343, "relative_strength": -12.587642, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.26635, "energy": 52.939606, "activity_lines": [ 226.695282, 230.257163, 232.105368, 232.492633 ] }, { "date": "2026-06-26", "close": 228.0, "volume": 25785, "typical_volume": 49086.0, "trend": 232.868425, "fair_value": 199.539957, "relative_strength": -10.56575, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.537113, "energy": 57.630634, "activity_lines": [ 226.336483, 229.357436, 231.702201, 232.169813 ] }, { "date": "2026-07-03", "close": 229.5, "volume": 8164, "typical_volume": 47770.15, "trend": 232.767163, "fair_value": 200.287818, "relative_strength": -12.146831, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.800797, "energy": 45.335252, "activity_lines": [ 227.456225, 228.957708, 231.470161, 231.952496 ] }, { "date": "2026-07-10", "close": 225.0, "volume": 26022, "typical_volume": 43752.65, "trend": 232.42001, "fair_value": 200.941626, "relative_strength": -11.64754, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.617345, "energy": 38.918966, "activity_lines": [ 226.975966, 227.957981, 230.828344, 231.451388 ] }, { "date": "2026-07-17", "close": 227.5, "volume": 24817, "typical_volume": 42163.7, "trend": 232.220118, "fair_value": 201.597416, "relative_strength": -9.521348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.072531, "energy": 27.593107, "activity_lines": [ 227.170243, 227.547407, 230.425227, 231.133968 ] }, { "date": "2026-07-24", "close": 222.5, "volume": 36145, "typical_volume": 42530.25, "trend": 231.773649, "fair_value": 202.243224, "relative_strength": -12.624662, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.519835, "energy": 34.482838, "activity_lines": [ 225.633333, 226.316895, 229.564917, 230.506864 ] }, { "date": "2026-07-31", "close": 229.0, "volume": 40617, "typical_volume": 42797.85, "trend": 231.560161, "fair_value": 202.935714, "relative_strength": -10.996538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.595214, "energy": 29.301918, "activity_lines": [ 226.466667, 226.537223, 229.336165, 230.327919 ] }, { "date": "2026-08-07", "close": 231.0, "volume": 33740, "typical_volume": 42239.25, "trend": 231.397026, "fair_value": 203.625977, "relative_strength": -11.591033, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.384034, "energy": 17.505042, "activity_lines": [ 227.9, 227.369879, 229.298091, 230.291779 ] } ], "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." } } }