{ "ticker": { "uuid": "41dfc58f-9e7e-4486-b7d7-aa1579e47303", "symbol": "VZ", "name": "Verizon Communications Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 8.858, "architecture_energy": 15.053, "architecture_maturity": 28.794, "architecture_confidence": 46.314, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 55.76, "rotation_up": 49.0, "upward_expansion": 32.05, "deceleration": 46.96, "rotation_down": 20.84, "downward_expansion": 23.05 }, "activity_lines": [ 39.878, 39.295666, 39.598067, 39.964315 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 40.474998, "trend_reference": 39.775821, "distance_from_trend": 0.017578, "trend_direction": "Improving", "fair_value": 34.211005, "distance_from_fair_value": 0.183099, "fair_value_direction": "Weakening", "relative_strength": -11.67362, "relative_strength_direction": "Weakening", "price_momentum": 0.053824, "excess_performance": -0.120422, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.017578, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047889, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.183099, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.026869, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.116736, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.052525, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.053824, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 10.659859, "read": "Demand-led" } ], "volume": { "latest": 3037, "relative_activity": 2.69644, "balance": 10.659859, "dry_up": 2.645388, "accumulation_observations": 6, "distribution_observations": 0 }, "risk": { "range_context": 0.047824, "annualized_volatility": 0.251557, "from_high_reference": -0.083458, "from_low_reference": 0.265069 }, "levels": { "trend_reference": 39.775821, "fair_value_reference": 34.211005, "structural_low": 35.801571, "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": -0.002481, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.015705, "regime_survival": 0.333333, "best_return": 0.080663, "worst_return": -0.088737, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.00533, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.033809, "regime_survival": 0.0, "best_return": 0.142462, "worst_return": -0.067787, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.036194, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.087579, "regime_survival": 0.2, "best_return": 0.145904, "worst_return": -0.134465, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.112743, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.109572, "regime_survival": 0.0, "best_return": 0.134149, "worst_return": 0.108691, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": 0.057267, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.107143, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.081088, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-04-18", "tenure": "Developing", "return": -0.036942, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-06-20", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-27", "end": "2025-08-29", "tenure": "Developing", "return": 0.062869, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": -0.013946, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": -0.04848, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2026-01-23", "tenure": "Established", "return": 0.02264, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": 0.128076, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-04-17", "tenure": "Developing", "return": -0.031548, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-24", "end": "2026-07-03", "tenure": "Developing", "return": -0.084991, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": 0.09814, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.891628, "volume": 352, "typical_volume": 366.85, "trend": 27.057785, "fair_value": 32.165636, "relative_strength": -10.841307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.175378, "energy": 61.990229, "activity_lines": [ 24.72044, 25.109205, 25.73738, 26.278109 ] }, { "date": "2023-08-25", "close": 25.193245, "volume": 0, "typical_volume": 343.55, "trend": 26.925282, "fair_value": 32.109511, "relative_strength": -8.629832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.3585, "energy": 48.048756, "activity_lines": [ 24.882118, 25.046734, 25.62491, 26.157816 ] }, { "date": "2023-09-01", "close": 26.395639, "volume": 80, "typical_volume": 346.55, "trend": 26.804454, "fair_value": 32.053573, "relative_strength": -5.893593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.543922, "energy": 23.361237, "activity_lines": [ 25.400302, 25.228375, 25.64414, 26.123646 ] }, { "date": "2023-09-08", "close": 25.441875, "volume": 0, "typical_volume": 312.65, "trend": 26.675657, "fair_value": 31.99538, "relative_strength": -7.985385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.578878, "energy": 20.073416, "activity_lines": [ 25.523937, 25.236747, 25.582302, 26.035737 ] }, { "date": "2023-09-15", "close": 25.841318, "volume": 0, "typical_volume": 287.15, "trend": 26.555725, "fair_value": 31.936328, "relative_strength": -7.162801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.415309, "energy": 20.674789, "activity_lines": [ 25.695942, 25.346278, 25.566722, 25.981909 ] }, { "date": "2023-09-22", "close": 25.356281, "volume": 177, "typical_volume": 288.0, "trend": 26.447766, "fair_value": 31.876139, "relative_strength": -7.565419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.750795, "energy": 20.100332, "activity_lines": [ 25.630455, 25.389186, 25.516173, 25.904525 ] }, { "date": "2023-09-29", "close": 25.128031, "volume": 267, "typical_volume": 301.35, "trend": 26.343064, "fair_value": 31.81554, "relative_strength": -8.022025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.804829, "energy": 20.292631, "activity_lines": [ 25.457908, 25.380293, 25.452851, 25.819381 ] }, { "date": "2023-10-06", "close": 24.365833, "volume": 0, "typical_volume": 299.85, "trend": 26.252615, "fair_value": 31.748818, "relative_strength": -8.867197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.715776, "energy": 37.0844, "activity_lines": [ 25.035643, 25.221925, 25.329144, 25.691818 ] }, { "date": "2023-10-13", "close": 24.54092, "volume": 0, "typical_volume": 298.8, "trend": 26.174548, "fair_value": 31.685283, "relative_strength": -8.436153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.251381, "energy": 56.371219, "activity_lines": [ 24.80706, 25.111398, 25.23389, 25.581386 ] }, { "date": "2023-10-20", "close": 24.991135, "volume": 193, "typical_volume": 239.75, "trend": 26.09578, "fair_value": 31.629451, "relative_strength": -2.934169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.586416, "energy": 59.215389, "activity_lines": [ 24.788613, 25.075988, 25.188536, 25.505037 ] }, { "date": "2023-10-27", "close": 26.50853, "volume": 617, "typical_volume": 270.6, "trend": 26.041545, "fair_value": 31.582215, "relative_strength": 3.713058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.941164, "energy": 9.66815, "activity_lines": [ 25.332643, 25.311249, 25.2893, 25.531666 ] }, { "date": "2023-11-03", "close": 28.055103, "volume": 326, "typical_volume": 256.4, "trend": 26.016636, "fair_value": 31.543493, "relative_strength": 4.188339, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.089264, "energy": 43.522651, "activity_lines": [ 26.315381, 25.798308, 25.536781, 25.661573 ] }, { "date": "2023-11-10", "close": 27.838331, "volume": 240, "typical_volume": 247.5, "trend": 25.996362, "fair_value": 31.49419, "relative_strength": 2.865319, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.595314, "energy": 65.837845, "activity_lines": [ 27.030723, 26.19392, 25.756666, 25.779101 ] }, { "date": "2023-11-17", "close": 27.671585, "volume": 487, "typical_volume": 259.35, "trend": 26.013177, "fair_value": 31.445995, "relative_strength": 0.16029, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.772295, "energy": 72.711417, "activity_lines": [ 27.458984, 26.532983, 25.953837, 25.88718 ] }, { "date": "2023-11-24", "close": 28.547005, "volume": 200, "typical_volume": 219.5, "trend": 26.024789, "fair_value": 31.404254, "relative_strength": 4.01344, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.404646, "energy": 90.610848, "activity_lines": [ 27.97034, 26.990674, 26.231238, 26.050653 ] }, { "date": "2023-12-01", "close": 29.447432, "volume": 0, "typical_volume": 205.7, "trend": 26.0984, "fair_value": 31.368019, "relative_strength": 5.218567, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.131901, "energy": 95.031989, "activity_lines": [ 28.54478, 27.562884, 26.587157, 26.271469 ] }, { "date": "2023-12-08", "close": 29.680882, "volume": 199, "typical_volume": 192.3, "trend": 26.164733, "fair_value": 31.33821, "relative_strength": 5.826744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.118349, "energy": 94.152746, "activity_lines": [ 29.00111, 28.103155, 26.94313, 26.502597 ] }, { "date": "2023-12-15", "close": 28.688738, "volume": 1175, "typical_volume": 249.05, "trend": 26.226381, "fair_value": 31.304038, "relative_strength": 0.854564, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.730056, "energy": 85.649951, "activity_lines": [ 29.018341, 28.380258, 27.180079, 26.665436 ] }, { "date": "2023-12-22", "close": 28.517828, "volume": 1000, "typical_volume": 286.55, "trend": 26.309785, "fair_value": 31.27168, "relative_strength": -0.70256, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.67275, "energy": 71.14123, "activity_lines": [ 28.921907, 28.547687, 27.384359, 26.813271 ] }, { "date": "2023-12-29", "close": 28.317726, "volume": 360, "typical_volume": 283.65, "trend": 26.409443, "fair_value": 31.240259, "relative_strength": -1.997504, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.161882, "energy": 56.541202, "activity_lines": [ 28.702357, 28.606427, 27.548878, 26.942816 ] }, { "date": "2024-01-05", "close": 30.531288, "volume": 0, "typical_volume": 266.05, "trend": 26.547569, "fair_value": 31.224595, "relative_strength": 5.938173, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.437132, "energy": 63.562897, "activity_lines": [ 29.235946, 29.007149, 27.907005, 27.208741 ] }, { "date": "2024-01-12", "close": 29.968884, "volume": 228, "typical_volume": 277.45, "trend": 26.660018, "fair_value": 31.204088, "relative_strength": 5.032382, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.373733, "energy": 58.984977, "activity_lines": [ 29.50981, 29.232475, 28.184715, 27.429471 ] }, { "date": "2024-01-19", "close": 30.610039, "volume": 421, "typical_volume": 294.5, "trend": 26.800235, "fair_value": 31.188838, "relative_strength": 8.917125, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.843079, "energy": 64.625066, "activity_lines": [ 29.978192, 29.539578, 28.500745, 27.684311 ] }, { "date": "2024-01-26", "close": 33.081264, "volume": 2010, "typical_volume": 395.0, "trend": 27.002571, "fair_value": 31.197776, "relative_strength": 13.682084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.113923, "energy": 95.316596, "activity_lines": [ 31.142229, 30.245601, 29.032062, 28.089539 ] }, { "date": "2024-02-02", "close": 33.382732, "volume": 0, "typical_volume": 395.0, "trend": 27.214415, "fair_value": 31.20444, "relative_strength": 14.996139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.338946, "energy": 96.405602, "activity_lines": [ 32.102526, 30.908078, 29.555712, 28.501162 ] }, { "date": "2024-02-09", "close": 31.102589, "volume": 229, "typical_volume": 397.6, "trend": 27.424843, "fair_value": 31.201841, "relative_strength": 9.564379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.927591, "energy": 86.719322, "activity_lines": [ 31.965108, 31.068061, 29.826294, 28.752012 ] }, { "date": "2024-02-16", "close": 31.832912, "volume": 50, "typical_volume": 386.75, "trend": 27.668311, "fair_value": 31.194655, "relative_strength": 10.332866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.322011, "energy": 81.91189, "activity_lines": [ 32.033045, 31.330736, 30.139067, 29.036404 ] }, { "date": "2024-02-23", "close": 32.130135, "volume": 0, "typical_volume": 386.75, "trend": 27.897775, "fair_value": 31.192704, "relative_strength": 11.773832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.502309, "energy": 64.857653, "activity_lines": [ 32.075788, 31.608325, 30.448219, 29.324263 ] }, { "date": "2024-03-01", "close": 31.289415, "volume": 0, "typical_volume": 386.75, "trend": 28.135082, "fair_value": 31.181202, "relative_strength": 8.736905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.22075, "energy": 52.322909, "activity_lines": [ 31.736951, 31.670484, 30.64033, 29.543079 ] }, { "date": "2024-03-08", "close": 30.911509, "volume": 295, "typical_volume": 391.85, "trend": 28.341994, "fair_value": 31.168942, "relative_strength": 7.112778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.282675, "energy": 41.63048, "activity_lines": [ 31.391602, 31.61354, 30.764314, 29.722203 ] }, { "date": "2024-03-15", "close": 31.055872, "volume": 45, "typical_volume": 363.25, "trend": 28.547469, "fair_value": 31.155786, "relative_strength": 6.495773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.059466, "energy": 34.610514, "activity_lines": [ 31.259122, 31.535685, 30.873854, 29.897292 ] }, { "date": "2024-03-22", "close": 31.476238, "volume": 0, "typical_volume": 346.95, "trend": 28.756902, "fair_value": 31.136393, "relative_strength": 5.195126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.027398, "energy": 27.712727, "activity_lines": [ 31.269878, 31.524722, 31.001776, 30.086245 ] }, { "date": "2024-03-29", "close": 32.962379, "volume": 0, "typical_volume": 334.95, "trend": 28.975794, "fair_value": 31.125266, "relative_strength": 8.89194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.130939, "energy": 45.136756, "activity_lines": [ 31.799793, 31.75656, 31.254943, 30.357566 ] }, { "date": "2024-04-05", "close": 33.034554, "volume": 571, "typical_volume": 339.15, "trend": 29.228883, "fair_value": 31.117011, "relative_strength": 8.12679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.755762, "energy": 54.802338, "activity_lines": [ 32.298284, 31.95875, 31.490584, 30.619421 ] }, { "date": "2024-04-12", "close": 32.454433, "volume": 72, "typical_volume": 332.75, "trend": 29.44932, "fair_value": 31.103738, "relative_strength": 6.485029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.562576, "energy": 57.417691, "activity_lines": [ 32.487058, 32.056314, 31.645438, 30.827521 ] }, { "date": "2024-04-19", "close": 32.614281, "volume": 0, "typical_volume": 332.75, "trend": 29.691253, "fair_value": 31.096593, "relative_strength": 7.33868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.112322, "energy": 65.747866, "activity_lines": [ 32.626253, 32.199819, 31.796908, 31.031712 ] }, { "date": "2024-04-26", "close": 32.14336, "volume": 194, "typical_volume": 332.5, "trend": 29.925098, "fair_value": 31.085656, "relative_strength": 5.3566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.401881, "energy": 52.358854, "activity_lines": [ 32.504581, 32.230217, 31.888448, 31.189913 ] }, { "date": "2024-05-03", "close": 31.20153, "volume": 0, "typical_volume": 273.75, "trend": 30.152954, "fair_value": 31.06524, "relative_strength": 1.004322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.759784, "energy": 25.311311, "activity_lines": [ 32.02449, 32.083728, 31.878565, 31.272263 ] }, { "date": "2024-05-10", "close": 32.074234, "volume": 135, "typical_volume": 230.5, "trend": 30.404065, "fair_value": 31.049962, "relative_strength": 1.140764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.531765, "energy": 21.287486, "activity_lines": [ 31.952691, 32.112797, 31.93983, 31.396217 ] }, { "date": "2024-05-17", "close": 31.940308, "volume": 140, "typical_volume": 219.5, "trend": 30.635704, "fair_value": 31.042121, "relative_strength": -1.004384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.733571, "energy": 17.281829, "activity_lines": [ 31.900271, 32.103245, 31.971405, 31.495329 ] }, { "date": "2024-05-24", "close": 31.5126, "volume": 270, "typical_volume": 233.0, "trend": 30.802506, "fair_value": 31.032972, "relative_strength": -2.240083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.442979, "energy": 16.531092, "activity_lines": [ 31.739557, 31.997224, 31.944996, 31.551903 ] }, { "date": "2024-05-31", "close": 32.562435, "volume": 422, "typical_volume": 242.7, "trend": 30.952751, "fair_value": 31.027546, "relative_strength": 2.45229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.125863, "energy": 22.022231, "activity_lines": [ 32.002233, 32.073777, 32.013898, 31.665447 ] }, { "date": "2024-06-07", "close": 32.903748, "volume": 0, "typical_volume": 221.65, "trend": 31.121598, "fair_value": 31.022782, "relative_strength": 4.216045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.39035, "energy": 33.349051, "activity_lines": [ 32.350742, 32.192638, 32.102956, 31.791318 ] }, { "date": "2024-06-14", "close": 32.164967, "volume": 11, "typical_volume": 121.7, "trend": 31.271377, "fair_value": 31.014716, "relative_strength": 5.281228, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.659221, "energy": 27.653282, "activity_lines": [ 32.339509, 32.178242, 32.110731, 31.858632 ] }, { "date": "2024-06-21", "close": 32.337776, "volume": 28, "typical_volume": 123.1, "trend": 31.397736, "fair_value": 31.00703, "relative_strength": 4.078165, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.953718, "energy": 31.41343, "activity_lines": [ 32.379831, 32.211076, 32.139328, 31.927432 ] }, { "date": "2024-06-28", "close": 33.430828, "volume": 0, "typical_volume": 111.65, "trend": 31.530516, "fair_value": 31.004186, "relative_strength": 6.89701, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.745882, "energy": 55.273687, "activity_lines": [ 32.758005, 32.444767, 32.277, 32.058599 ] }, { "date": "2024-07-05", "close": 32.938309, "volume": 26, "typical_volume": 110.45, "trend": 31.639097, "fair_value": 30.996826, "relative_strength": 2.460259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.624286, "energy": 43.277399, "activity_lines": [ 32.844124, 32.574064, 32.35668, 32.149424 ] }, { "date": "2024-07-12", "close": 33.480625, "volume": 241, "typical_volume": 122.5, "trend": 31.798827, "fair_value": 30.989571, "relative_strength": 3.935725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.121975, "energy": 59.344816, "activity_lines": [ 33.085958, 32.787509, 32.482745, 32.268233 ] }, { "date": "2024-07-19", "close": 33.572971, "volume": 100, "typical_volume": 127.5, "trend": 31.967331, "fair_value": 30.985564, "relative_strength": 4.852421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.782737, "energy": 62.607856, "activity_lines": [ 33.320114, 32.976307, 32.611173, 32.382694 ] }, { "date": "2024-07-26", "close": 32.491249, "volume": 528, "typical_volume": 139.15, "trend": 32.106449, "fair_value": 30.975522, "relative_strength": 1.253787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.443729, "energy": 35.862096, "activity_lines": [ 33.09983, 32.941179, 32.625707, 32.416495 ] }, { "date": "2024-08-02", "close": 32.557209, "volume": 464, "typical_volume": 160.1, "trend": 32.17398, "fair_value": 30.966851, "relative_strength": 5.230684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.971459, "energy": 26.091832, "activity_lines": [ 32.891301, 32.908026, 32.638999, 32.445576 ] }, { "date": "2024-08-09", "close": 32.601181, "volume": 1505, "typical_volume": 235.35, "trend": 32.261723, "fair_value": 30.956937, "relative_strength": 4.058147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.899261, "energy": 17.017409, "activity_lines": [ 32.75567, 32.863874, 32.649331, 32.473137 ] }, { "date": "2024-08-16", "close": 32.284576, "volume": 351, "typical_volume": 252.9, "trend": 32.317541, "fair_value": 30.944278, "relative_strength": 0.976528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.318271, "energy": 17.053802, "activity_lines": [ 32.53698, 32.761454, 32.624152, 32.474612 ] }, { "date": "2024-08-23", "close": 32.381313, "volume": 262, "typical_volume": 237.45, "trend": 32.294209, "fair_value": 30.937503, "relative_strength": -0.573398, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.498504, "energy": 16.546523, "activity_lines": [ 32.430272, 32.687881, 32.611415, 32.478726 ] }, { "date": "2024-08-30", "close": 32.785866, "volume": 420, "typical_volume": 254.85, "trend": 32.274313, "fair_value": 30.932329, "relative_strength": -0.519434, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.049814, "energy": 15.335432, "activity_lines": [ 32.537859, 32.683928, 32.640317, 32.510446 ] }, { "date": "2024-09-06", "close": 32.7243, "volume": 387, "typical_volume": 274.2, "trend": 32.32837, "fair_value": 30.9296, "relative_strength": 3.178876, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.116636, "energy": 9.887418, "activity_lines": [ 32.605282, 32.660635, 32.661777, 32.539477 ] }, { "date": "2024-09-13", "close": 34.9669, "volume": 1032, "typical_volume": 316.1, "trend": 32.432837, "fair_value": 30.939907, "relative_strength": 9.21936, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.03343, "energy": 55.685972, "activity_lines": [ 33.4091, 33.057933, 32.896294, 32.709705 ] }, { "date": "2024-09-20", "close": 34.993279, "volume": 220, "typical_volume": 327.1, "trend": 32.528275, "fair_value": 30.950176, "relative_strength": 8.530152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.725094, "energy": 72.230882, "activity_lines": [ 34.063996, 33.423144, 33.119878, 32.874895 ] }, { "date": "2024-09-27", "close": 35.353859, "volume": 289, "typical_volume": 334.8, "trend": 32.663756, "fair_value": 30.961417, "relative_strength": 8.264545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.046071, "energy": 81.906662, "activity_lines": [ 34.658505, 33.826412, 33.359747, 33.057191 ] }, { "date": "2024-10-04", "close": 35.30109, "volume": 199, "typical_volume": 337.75, "trend": 32.810076, "fair_value": 30.970368, "relative_strength": 8.798682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.62673, "energy": 83.822135, "activity_lines": [ 35.037255, 34.187706, 33.578973, 33.227341 ] }, { "date": "2024-10-11", "close": 35.093479, "volume": 89, "typical_volume": 328.7, "trend": 32.944663, "fair_value": 30.983863, "relative_strength": 7.55334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.812639, "energy": 79.214081, "activity_lines": [ 35.179119, 34.460165, 33.762423, 33.374658 ] }, { "date": "2024-10-18", "close": 36.305599, "volume": 186, "typical_volume": 316.9, "trend": 33.105641, "fair_value": 31.003302, "relative_strength": 10.462351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.490241, "energy": 85.291034, "activity_lines": [ 35.567079, 34.906895, 34.044262, 33.591492 ] }, { "date": "2024-10-25", "close": 34.753548, "volume": 154, "typical_volume": 324.6, "trend": 33.165347, "fair_value": 31.011528, "relative_strength": 6.837712, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.16561, "energy": 59.193392, "activity_lines": [ 35.348441, 35.00408, 34.160461, 33.697809 ] }, { "date": "2024-11-01", "close": 34.404671, "volume": 0, "typical_volume": 324.05, "trend": 33.211017, "fair_value": 31.019414, "relative_strength": 7.18589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.39544, "energy": 44.64888, "activity_lines": [ 35.029493, 34.992944, 34.234625, 33.777765 ] }, { "date": "2024-11-08", "close": 33.908192, "volume": 586, "typical_volume": 351.95, "trend": 33.259476, "fair_value": 31.022362, "relative_strength": 4.806689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.970488, "energy": 28.748859, "activity_lines": [ 34.608331, 34.85475, 34.25084, 33.822744 ] }, { "date": "2024-11-15", "close": 34.990612, "volume": 138, "typical_volume": 358.85, "trend": 33.338687, "fair_value": 31.035431, "relative_strength": 7.663113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.776236, "energy": 23.760275, "activity_lines": [ 34.640836, 34.892953, 34.362665, 33.93443 ] }, { "date": "2024-11-22", "close": 36.994408, "volume": 119, "typical_volume": 363.5, "trend": 33.500389, "fair_value": 31.057741, "relative_strength": 14.168542, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.050736, "energy": 43.411629, "activity_lines": [ 35.34813, 35.254278, 34.6579, 34.170283 ] }, { "date": "2024-11-29", "close": 37.660858, "volume": 676, "typical_volume": 385.25, "trend": 33.7157, "fair_value": 31.086758, "relative_strength": 15.580848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.112154, "energy": 67.108776, "activity_lines": [ 36.231654, 35.699911, 34.997292, 34.438701 ] }, { "date": "2024-12-06", "close": 35.934364, "volume": 269, "typical_volume": 393.7, "trend": 33.844371, "fair_value": 31.109505, "relative_strength": 8.667757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.002027, "energy": 66.803179, "activity_lines": [ 36.345859, 35.783136, 35.152349, 34.58184 ] }, { "date": "2024-12-13", "close": 36.073021, "volume": 0, "typical_volume": 367.3, "trend": 33.982128, "fair_value": 31.122, "relative_strength": 6.862051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.943895, "energy": 72.357076, "activity_lines": [ 36.404304, 35.881015, 35.309368, 34.725624 ] }, { "date": "2024-12-20", "close": 34.605946, "volume": 290, "typical_volume": 358.6, "trend": 34.085239, "fair_value": 31.125581, "relative_strength": 3.905803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.763627, "energy": 38.444704, "activity_lines": [ 35.829402, 35.698119, 35.309609, 34.765871 ] }, { "date": "2024-12-27", "close": 34.18998, "volume": 0, "typical_volume": 283.35, "trend": 34.139491, "fair_value": 31.128088, "relative_strength": 1.252936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.427955, "energy": 15.956385, "activity_lines": [ 35.141489, 35.448457, 35.260478, 34.772628 ] }, { "date": "2025-01-03", "close": 35.245556, "volume": 551, "typical_volume": 293.35, "trend": 34.217551, "fair_value": 31.12761, "relative_strength": 3.635258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.916227, "energy": 20.643317, "activity_lines": [ 34.992396, 35.429183, 35.304312, 34.843987 ] }, { "date": "2025-01-10", "close": 33.625778, "volume": 399, "typical_volume": 300.2, "trend": 34.266245, "fair_value": 31.12109, "relative_strength": -1.225048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -10.634808, "energy": 23.250102, "activity_lines": [ 34.464398, 35.106459, 35.179782, 34.805808 ] }, { "date": "2025-01-17", "close": 34.322704, "volume": 399, "typical_volume": 299.15, "trend": 34.332409, "fair_value": 31.117448, "relative_strength": -2.603051, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.278664, "energy": 24.53431, "activity_lines": [ 34.322614, 34.924611, 35.1157, 34.809451 ] }, { "date": "2025-01-24", "close": 34.395584, "volume": 1348, "typical_volume": 347.2, "trend": 34.364568, "fair_value": 31.117405, "relative_strength": -3.914246, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.721209, "energy": 22.919764, "activity_lines": [ 34.321811, 34.748476, 35.051241, 34.813527 ] }, { "date": "2025-01-31", "close": 34.764553, "volume": 1602, "typical_volume": 375.7, "trend": 34.425442, "fair_value": 31.11873, "relative_strength": -3.224152, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.466291, "energy": 15.497927, "activity_lines": [ 34.458022, 34.650246, 35.013963, 34.839332 ] }, { "date": "2025-02-07", "close": 35.165398, "volume": 1077, "typical_volume": 418.55, "trend": 34.481601, "fair_value": 31.122958, "relative_strength": -2.449199, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.04285, "energy": 13.349613, "activity_lines": [ 34.689543, 34.665439, 35.015824, 34.887071 ] }, { "date": "2025-02-14", "close": 35.671017, "volume": 1011, "typical_volume": 454.65, "trend": 34.551536, "fair_value": 31.127437, "relative_strength": -5.881463, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.583749, "energy": 21.82056, "activity_lines": [ 35.094947, 34.817936, 35.06502, 34.963808 ] }, { "date": "2025-02-21", "close": 37.105877, "volume": 1492, "typical_volume": 519.3, "trend": 34.705357, "fair_value": 31.136345, "relative_strength": -1.181623, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.5026, "energy": 44.627262, "activity_lines": [ 35.842289, 35.236103, 35.249359, 35.128604 ] }, { "date": "2025-02-28", "close": 37.53405, "volume": 302, "typical_volume": 529.95, "trend": 34.871252, "fair_value": 31.139741, "relative_strength": -2.388104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.51084, "energy": 75.836974, "activity_lines": [ 36.546811, 35.713342, 35.465882, 35.3111 ] }, { "date": "2025-03-07", "close": 38.404076, "volume": 1484, "typical_volume": 594.85, "trend": 35.064682, "fair_value": 31.15391, "relative_strength": -3.408775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.987457, "energy": 86.1682, "activity_lines": [ 37.33211, 36.295528, 35.753643, 35.539024 ] }, { "date": "2025-03-14", "close": 36.235851, "volume": 3911, "typical_volume": 782.7, "trend": 35.196391, "fair_value": 31.16322, "relative_strength": -8.885087, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.356797, "energy": 69.514249, "activity_lines": [ 37.152032, 36.406872, 35.824914, 35.614584 ] }, { "date": "2025-03-21", "close": 36.809792, "volume": 606, "typical_volume": 813.0, "trend": 35.344007, "fair_value": 31.17851, "relative_strength": -6.541521, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.981988, "energy": 59.582871, "activity_lines": [ 37.091905, 36.604564, 35.943787, 35.718674 ] }, { "date": "2025-03-28", "close": 37.934906, "volume": 615, "typical_volume": 814.45, "trend": 35.515642, "fair_value": 31.20246, "relative_strength": -1.70547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.616637, "energy": 47.461019, "activity_lines": [ 37.330897, 36.94893, 36.158361, 35.885829 ] }, { "date": "2025-04-04", "close": 36.422607, "volume": 1796, "typical_volume": 897.35, "trend": 35.638919, "fair_value": 31.199814, "relative_strength": 4.64662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.728469, "energy": 29.967435, "activity_lines": [ 37.010521, 36.952657, 36.209731, 35.944343 ] }, { "date": "2025-04-11", "close": 35.577366, "volume": 3592, "typical_volume": 1071.0, "trend": 35.659267, "fair_value": 31.187398, "relative_strength": 3.404772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.72215, "energy": 16.677384, "activity_lines": [ 36.482494, 36.765848, 36.173784, 35.940371 ] }, { "date": "2025-04-18", "close": 36.147453, "volume": 1091, "typical_volume": 1091.75, "trend": 35.69774, "fair_value": 31.187797, "relative_strength": -0.302969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.021625, "energy": 15.479576, "activity_lines": [ 36.332944, 36.667914, 36.198878, 35.971867 ] }, { "date": "2025-04-25", "close": 33.802208, "volume": 3675, "typical_volume": 1262.05, "trend": 35.646018, "fair_value": 31.188646, "relative_strength": -9.973371, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.063029, "energy": 21.338289, "activity_lines": [ 35.407538, 36.125715, 36.007822, 35.849575 ] }, { "date": "2025-05-02", "close": 35.748859, "volume": 1242, "typical_volume": 1324.15, "trend": 35.660944, "fair_value": 31.200819, "relative_strength": -6.137382, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.504688, "energy": 17.884706, "activity_lines": [ 35.331522, 35.971432, 36.012315, 35.85621 ] }, { "date": "2025-05-09", "close": 36.101109, "volume": 1606, "typical_volume": 1389.95, "trend": 35.694531, "fair_value": 31.210082, "relative_strength": -9.342259, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.990732, "energy": 12.948556, "activity_lines": [ 35.518658, 35.905867, 36.051899, 35.884608 ] }, { "date": "2025-05-16", "close": 36.365299, "volume": 2189, "typical_volume": 1499.4, "trend": 35.696521, "fair_value": 31.218729, "relative_strength": -11.239772, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.141873, "energy": 12.910035, "activity_lines": [ 35.815292, 35.91439, 36.109524, 35.927883 ] }, { "date": "2025-05-23", "close": 35.197304, "volume": 1676, "typical_volume": 1555.65, "trend": 35.711313, "fair_value": 31.214432, "relative_strength": -12.954317, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.607065, "energy": 4.909761, "activity_lines": [ 35.670065, 35.747619, 36.045552, 35.895675 ] }, { "date": "2025-05-30", "close": 35.776669, "volume": 1585, "typical_volume": 1614.95, "trend": 35.757047, "fair_value": 31.215291, "relative_strength": -12.249367, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.302036, "energy": 5.178234, "activity_lines": [ 35.781302, 35.705069, 36.036989, 35.899892 ] }, { "date": "2025-06-06", "close": 35.484669, "volume": 1228, "typical_volume": 1656.4, "trend": 35.809596, "fair_value": 31.210456, "relative_strength": -13.2153, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.575032, "energy": 3.962846, "activity_lines": [ 35.663576, 35.628213, 35.990373, 35.882319 ] }, { "date": "2025-06-13", "close": 34.534515, "volume": 1518, "typical_volume": 1664.9, "trend": 35.794393, "fair_value": 31.207199, "relative_strength": -13.505943, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.699965, "energy": 28.433359, "activity_lines": [ 35.246744, 35.423151, 35.847733, 35.800056 ] }, { "date": "2025-06-20", "close": 33.802208, "volume": 2163, "typical_volume": 1692.95, "trend": 35.687986, "fair_value": 31.190016, "relative_strength": -14.72559, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.489284, "energy": 54.799619, "activity_lines": [ 34.69025, 35.119272, 35.634688, 35.671528 ] }, { "date": "2025-06-27", "close": 33.500938, "volume": 1116, "typical_volume": 1694.9, "trend": 35.549322, "fair_value": 31.169074, "relative_strength": -16.802534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.149295, "energy": 67.001456, "activity_lines": [ 34.204205, 34.792892, 35.397534, 35.530428 ] }, { "date": "2025-07-04", "close": 34.390835, "volume": 222, "typical_volume": 1655.45, "trend": 35.497871, "fair_value": 31.147276, "relative_strength": -13.730787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.290682, "energy": 64.361811, "activity_lines": [ 34.127883, 34.676429, 35.253057, 35.455687 ] }, { "date": "2025-07-11", "close": 33.529518, "volume": 342, "typical_volume": 1597.95, "trend": 35.413087, "fair_value": 31.116401, "relative_strength": -17.474434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.369944, "energy": 70.275028, "activity_lines": [ 33.856845, 34.392662, 35.032647, 35.328696 ] }, { "date": "2025-07-18", "close": 33.161217, "volume": 604, "typical_volume": 1613.05, "trend": 35.36493, "fair_value": 31.117185, "relative_strength": -18.118473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.942979, "energy": 71.031331, "activity_lines": [ 33.593383, 34.082282, 34.79419, 35.183414 ] }, { "date": "2025-07-25", "close": 34.506927, "volume": 1211, "typical_volume": 1599.4, "trend": 35.375495, "fair_value": 31.118997, "relative_strength": -16.238418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.939642, "energy": 52.813324, "activity_lines": [ 33.870044, 34.070029, 34.704719, 35.128059 ] }, { "date": "2025-08-01", "close": 35.172703, "volume": 79, "typical_volume": 1407.8, "trend": 35.373066, "fair_value": 31.130605, "relative_strength": -12.103509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.663709, "energy": 30.704153, "activity_lines": [ 34.32165, 34.212615, 34.697213, 35.114976 ] }, { "date": "2025-08-08", "close": 34.894115, "volume": 413, "typical_volume": 1398.15, "trend": 35.415344, "fair_value": 31.140524, "relative_strength": -17.359233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.279411, "energy": 19.104733, "activity_lines": [ 34.568941, 34.304996, 34.668238, 35.084076 ] }, { "date": "2025-08-15", "close": 35.493778, "volume": 552, "typical_volume": 1395.0, "trend": 35.45438, "fair_value": 31.15419, "relative_strength": -17.834689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.506509, "energy": 21.705281, "activity_lines": [ 34.982569, 34.522453, 34.705496, 35.089136 ] }, { "date": "2025-08-22", "close": 36.032066, "volume": 1014, "typical_volume": 1355.9, "trend": 35.508929, "fair_value": 31.173986, "relative_strength": -15.317765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.841457, "energy": 24.666448, "activity_lines": [ 35.444675, 34.837615, 34.805644, 35.126406 ] }, { "date": "2025-08-29", "close": 35.607109, "volume": 721, "typical_volume": 1212.35, "trend": 35.537015, "fair_value": 31.198167, "relative_strength": -12.995752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 18.870796, "energy": 28.109875, "activity_lines": [ 35.573738, 35.048284, 34.867179, 35.13274 ] }, { "date": "2025-09-05", "close": 35.550446, "volume": 1331, "typical_volume": 1224.35, "trend": 35.54985, "fair_value": 31.222522, "relative_strength": -12.551352, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.195843, "energy": 28.092302, "activity_lines": [ 35.610569, 35.215834, 34.923176, 35.133607 ] }, { "date": "2025-09-12", "close": 35.399349, "volume": 3133, "typical_volume": 1197.25, "trend": 35.540794, "fair_value": 31.249975, "relative_strength": -13.473667, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.335517, "energy": 24.427919, "activity_lines": [ 35.571851, 35.318648, 34.967626, 35.123897 ] }, { "date": "2025-09-19", "close": 35.054653, "volume": 314, "typical_volume": 1150.85, "trend": 35.47242, "fair_value": 31.277434, "relative_strength": -13.561875, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -6.083767, "energy": 10.310579, "activity_lines": [ 35.384552, 35.340453, 34.971643, 35.092533 ] }, { "date": "2025-09-26", "close": 35.167984, "volume": 708, "typical_volume": 1105.95, "trend": 35.393551, "fair_value": 31.31161, "relative_strength": -13.351932, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.103762, "energy": 10.504487, "activity_lines": [ 35.264305, 35.355135, 34.989758, 35.072892 ] }, { "date": "2025-10-03", "close": 35.09243, "volume": 1600, "typical_volume": 1076.5, "trend": 35.283163, "fair_value": 31.349202, "relative_strength": -14.951135, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.782659, "energy": 7.391359, "activity_lines": [ 35.176479, 35.319592, 35.005121, 35.053465 ] }, { "date": "2025-10-10", "close": 33.554527, "volume": 4319, "typical_volume": 1208.65, "trend": 35.193785, "fair_value": 31.377407, "relative_strength": -16.643262, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.677621, "energy": 33.421037, "activity_lines": [ 34.610331, 34.993786, 34.880079, 34.94194 ] }, { "date": "2025-10-17", "close": 33.463032, "volume": 673, "typical_volume": 1163.05, "trend": 35.082227, "fair_value": 31.41686, "relative_strength": -14.753498, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.60006, "energy": 53.357675, "activity_lines": [ 34.146745, 34.680765, 34.754146, 34.830279 ] }, { "date": "2025-10-24", "close": 32.047272, "volume": 1415, "typical_volume": 1172.4, "trend": 34.885972, "fair_value": 31.434561, "relative_strength": -19.385725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.092823, "energy": 79.15784, "activity_lines": [ 33.340328, 34.136353, 34.504395, 34.634475 ] }, { "date": "2025-10-31", "close": 33.246334, "volume": 2228, "typical_volume": 1207.9, "trend": 34.780096, "fair_value": 31.462251, "relative_strength": -18.314958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.207954, "energy": 72.35267, "activity_lines": [ 33.134089, 33.872616, 34.38521, 34.528692 ] }, { "date": "2025-11-07", "close": 33.438957, "volume": 170, "typical_volume": 1108.25, "trend": 34.708816, "fair_value": 31.494642, "relative_strength": -16.430873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.552973, "energy": 69.780381, "activity_lines": [ 33.120169, 33.694551, 34.290504, 34.442167 ] }, { "date": "2025-11-14", "close": 33.833828, "volume": 499, "typical_volume": 1077.4, "trend": 34.631695, "fair_value": 31.526395, "relative_strength": -16.625911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.628828, "energy": 53.002918, "activity_lines": [ 33.348103, 33.627702, 34.235134, 34.385716 ] }, { "date": "2025-11-21", "close": 34.594677, "volume": 1426, "typical_volume": 1137.6, "trend": 34.658111, "fair_value": 31.561638, "relative_strength": -12.957515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.039473, "energy": 19.678776, "activity_lines": [ 33.811034, 33.7304, 34.250641, 34.383328 ] }, { "date": "2025-11-28", "close": 34.016815, "volume": 271, "typical_volume": 1134.05, "trend": 34.600376, "fair_value": 31.600284, "relative_strength": -17.443589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.733604, "energy": 18.205209, "activity_lines": [ 34.005901, 33.742663, 34.210143, 34.341954 ] }, { "date": "2025-12-05", "close": 34.772854, "volume": 913, "typical_volume": 1149.5, "trend": 34.556101, "fair_value": 31.647193, "relative_strength": -16.181111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.800915, "energy": 16.474398, "activity_lines": [ 34.321478, 33.911258, 34.239328, 34.353081 ] }, { "date": "2025-12-12", "close": 33.544899, "volume": 1002, "typical_volume": 1139.05, "trend": 34.462088, "fair_value": 31.689275, "relative_strength": -18.84534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.869847, "energy": 19.81215, "activity_lines": [ 34.125969, 33.863771, 34.14389, 34.287843 ] }, { "date": "2025-12-19", "close": 33.029633, "volume": 542, "typical_volume": 1162.2, "trend": 34.389832, "fair_value": 31.722757, "relative_strength": -21.476667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.946472, "energy": 22.664692, "activity_lines": [ 33.751642, 33.750738, 34.003961, 34.195426 ] }, { "date": "2025-12-26", "close": 32.784046, "volume": 781, "typical_volume": 1180.6, "trend": 34.290078, "fair_value": 31.751048, "relative_strength": -21.654288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.41267, "energy": 39.417918, "activity_lines": [ 33.349065, 33.602595, 33.850847, 34.091827 ] }, { "date": "2026-01-02", "close": 33.525639, "volume": 257, "typical_volume": 1165.85, "trend": 34.224777, "fair_value": 31.76847, "relative_strength": -20.799694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.839017, "energy": 44.537456, "activity_lines": [ 33.314395, 33.601633, 33.77841, 34.042508 ] }, { "date": "2026-01-09", "close": 33.58342, "volume": 891, "typical_volume": 1159.7, "trend": 34.193074, "fair_value": 31.790504, "relative_strength": -20.843155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.708419, "energy": 45.807472, "activity_lines": [ 33.331731, 33.584297, 33.720847, 34.001131 ] }, { "date": "2026-01-16", "close": 33.131451, "volume": 1133, "typical_volume": 1180.3, "trend": 34.170715, "fair_value": 31.818049, "relative_strength": -22.290987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.551704, "energy": 44.021369, "activity_lines": [ 33.277705, 33.478656, 33.6319, 33.932639 ] }, { "date": "2026-01-23", "close": 32.77282, "volume": 627, "typical_volume": 1145.1, "trend": 34.146444, "fair_value": 31.841154, "relative_strength": -23.242852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.713686, "energy": 40.976259, "activity_lines": [ 33.131699, 33.3134, 33.520586, 33.842452 ] }, { "date": "2026-01-30", "close": 36.133129, "volume": 3981, "typical_volume": 1187.5, "trend": 34.204521, "fair_value": 31.880338, "relative_strength": -16.135606, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 10.596068, "energy": 12.582243, "activity_lines": [ 34.122917, 33.778401, 33.742529, 33.970625 ] }, { "date": "2026-02-06", "close": 38.407722, "volume": 5731, "typical_volume": 1458.35, "trend": 34.367128, "fair_value": 31.938684, "relative_strength": -11.303186, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.942688, "energy": 60.188523, "activity_lines": [ 35.649061, 34.628992, 34.177606, 34.2418 ] }, { "date": "2026-02-13", "close": 40.760921, "volume": 712, "typical_volume": 1458.55, "trend": 34.620451, "fair_value": 32.011258, "relative_strength": -4.794038, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.966409, "energy": 92.843509, "activity_lines": [ 37.634131, 35.827603, 34.820829, 34.654302 ] }, { "date": "2026-02-20", "close": 40.760921, "volume": 1617, "typical_volume": 1459.4, "trend": 34.828918, "fair_value": 32.089245, "relative_strength": -7.322356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.404914, "energy": 94.597056, "activity_lines": [ 39.140702, 36.91734, 35.43742, 35.050462 ] }, { "date": "2026-02-27", "close": 41.47818, "volume": 1271, "typical_volume": 1307.0, "trend": 35.0391, "fair_value": 32.173918, "relative_strength": -3.507905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.970215, "energy": 93.876629, "activity_lines": [ 40.377728, 38.006287, 36.095328, 35.479446 ] }, { "date": "2026-03-06", "close": 42.90287, "volume": 1555, "typical_volume": 1351.1, "trend": 35.306059, "fair_value": 32.275351, "relative_strength": 5.583646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.257359, "energy": 95.722039, "activity_lines": [ 41.509293, 39.200659, 36.851189, 35.986786 ] }, { "date": "2026-03-13", "close": 44.101574, "volume": 2209, "typical_volume": 1390.8, "trend": 35.592985, "fair_value": 32.385727, "relative_strength": 11.447354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.397825, "energy": 96.070931, "activity_lines": [ 42.58911, 40.428998, 37.676261, 36.554239 ] }, { "date": "2026-03-20", "close": 42.799706, "volume": 1082, "typical_volume": 1333.5, "trend": 35.818573, "fair_value": 32.484737, "relative_strength": 9.691391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.412001, "energy": 87.041265, "activity_lines": [ 42.855381, 41.228344, 38.319944, 37.019189 ] }, { "date": "2026-03-27", "close": 43.271324, "volume": 1071, "typical_volume": 1378.55, "trend": 36.074047, "fair_value": 32.581761, "relative_strength": 9.547146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.01525, "energy": 70.328512, "activity_lines": [ 43.142939, 41.945871, 38.963051, 37.500011 ] }, { "date": "2026-04-03", "close": 42.190521, "volume": 307, "typical_volume": 1368.95, "trend": 36.295383, "fair_value": 32.667582, "relative_strength": 3.67729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.126091, "energy": 65.837227, "activity_lines": [ 42.902869, 42.282526, 39.456403, 37.894622 ] }, { "date": "2026-04-10", "close": 39.384998, "volume": 555, "typical_volume": 1325.4, "trend": 36.428238, "fair_value": 32.737701, "relative_strength": -8.48779, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.19391, "energy": 49.333327, "activity_lines": [ 41.680135, 41.937855, 39.642769, 38.093952 ] }, { "date": "2026-04-17", "close": 39.474998, "volume": 457, "typical_volume": 1334.7, "trend": 36.575583, "fair_value": 32.816597, "relative_strength": -9.8862, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.450702, "energy": 32.696182, "activity_lines": [ 40.721927, 41.550423, 39.814895, 38.290518 ] }, { "date": "2026-04-24", "close": 40.060001, "volume": 860, "typical_volume": 1332.05, "trend": 36.73865, "fair_value": 32.892632, "relative_strength": -4.972481, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.906569, "energy": 29.292275, "activity_lines": [ 40.267157, 41.249951, 40.016745, 38.515319 ] }, { "date": "2026-05-01", "close": 40.84, "volume": 2369, "typical_volume": 1400.4, "trend": 36.930236, "fair_value": 32.979817, "relative_strength": -3.392436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.550983, "energy": 30.391321, "activity_lines": [ 40.255034, 41.10404, 40.267703, 38.779922 ] }, { "date": "2026-05-08", "close": 40.0, "volume": 350, "typical_volume": 1390.8, "trend": 37.145085, "fair_value": 33.058721, "relative_strength": -6.421097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.067892, "energy": 24.831768, "activity_lines": [ 40.125, 40.803964, 40.403922, 38.977971 ] }, { "date": "2026-05-15", "close": 40.59, "volume": 340, "typical_volume": 1368.75, "trend": 37.38265, "fair_value": 33.146867, "relative_strength": -4.335656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.243427, "energy": 21.717333, "activity_lines": [ 40.337667, 40.638037, 40.56314, 39.200224 ] }, { "date": "2026-05-22", "close": 41.57, "volume": 416, "typical_volume": 1376.7, "trend": 37.700075, "fair_value": 33.246574, "relative_strength": -3.760756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.161709, "energy": 31.852317, "activity_lines": [ 40.796667, 40.692344, 40.77852, 39.470376 ] }, { "date": "2026-05-29", "close": 40.985001, "volume": 852, "typical_volume": 1374.75, "trend": 37.95803, "fair_value": 33.346939, "relative_strength": -7.328917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.843557, "energy": 28.624314, "activity_lines": [ 40.921, 40.686316, 40.89988, 39.682306 ] }, { "date": "2026-06-05", "close": 38.661968, "volume": 190, "typical_volume": 1327.6, "trend": 38.132131, "fair_value": 33.425622, "relative_strength": -11.267231, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.826407, "energy": 10.77515, "activity_lines": [ 40.209323, 40.290913, 40.764752, 39.727722 ] }, { "date": "2026-06-12", "close": 40.614693, "volume": 13, "typical_volume": 1296.9, "trend": 38.358159, "fair_value": 33.515489, "relative_strength": -9.033209, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.270704, "energy": 14.217622, "activity_lines": [ 40.293756, 40.334357, 40.789263, 39.887887 ] }, { "date": "2026-06-19", "close": 39.427357, "volume": 378, "typical_volume": 1116.75, "trend": 38.519249, "fair_value": 33.598975, "relative_strength": -14.926863, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.970719, "energy": 10.30987, "activity_lines": [ 39.941431, 40.190574, 40.663351, 39.956867 ] }, { "date": "2026-06-26", "close": 39.85421, "volume": 1153, "typical_volume": 887.85, "trend": 38.713829, "fair_value": 33.681302, "relative_strength": -12.05194, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.712798, "energy": 15.372506, "activity_lines": [ 39.8089, 40.12363, 40.562406, 40.042994 ] }, { "date": "2026-07-03", "close": 36.655273, "volume": 0, "typical_volume": 852.25, "trend": 38.776576, "fair_value": 33.743019, "relative_strength": -20.591029, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.71491, "energy": 40.311376, "activity_lines": [ 38.724442, 39.468166, 40.149912, 39.910184 ] }, { "date": "2026-07-10", "close": 36.834999, "volume": 1297, "typical_volume": 836.25, "trend": 38.886246, "fair_value": 33.820232, "relative_strength": -18.805056, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.466971, "energy": 61.950063, "activity_lines": [ 37.988542, 38.907284, 39.774085, 39.784921 ] }, { "date": "2026-07-17", "close": 38.895, "volume": 1309, "typical_volume": 838.15, "trend": 39.081758, "fair_value": 33.912323, "relative_strength": -12.339108, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.820164, "energy": 54.759541, "activity_lines": [ 38.061106, 38.793766, 39.613144, 39.785486 ] }, { "date": "2026-07-24", "close": 39.790001, "volume": 5545, "typical_volume": 1037.65, "trend": 39.31529, "fair_value": 34.005552, "relative_strength": -11.24815, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.005485, "energy": 42.85775, "activity_lines": [ 38.546651, 38.863066, 39.549741, 39.831179 ] }, { "date": "2026-07-31", "close": 40.450001, "volume": 2027, "typical_volume": 1028.55, "trend": 39.546102, "fair_value": 34.10991, "relative_strength": -9.39611, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.692536, "energy": 6.376672, "activity_lines": [ 39.228019, 39.066912, 39.564019, 39.904386 ] }, { "date": "2026-08-07", "close": 40.474998, "volume": 3037, "typical_volume": 1126.3, "trend": 39.775821, "fair_value": 34.211005, "relative_strength": -11.67362, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.858164, "energy": 15.052975, "activity_lines": [ 39.878, 39.295666, 39.598067, 39.964315 ] } ], "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." } } }