{ "ticker": { "uuid": "436531ee-db9e-42be-807d-b7360eeee75a", "symbol": "SNA", "name": "Snap-On Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 71.243, "architecture_energy": 55.659, "architecture_maturity": 39.791, "architecture_confidence": 78.318, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 6.79, "rotation_up": 67.75, "upward_expansion": 83.7, "deceleration": 52.84, "rotation_down": 16.37, "downward_expansion": 8.04 }, "activity_lines": [ 410.644667, 406.255455, 394.102627, 387.237226 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 416.35, "trend_reference": 379.400584, "distance_from_trend": 0.097389, "trend_direction": "Improving", "fair_value": 309.911213, "distance_from_fair_value": 0.343449, "fair_value_direction": "Improving", "relative_strength": 3.197748, "relative_strength_direction": "Improving", "price_momentum": 0.142006, "excess_performance": 0.016381, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097389, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.055239, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.343449, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.097668, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031977, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.059768, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.142006, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.912952, "read": "Demand-led" } ], "volume": { "latest": 1942771, "relative_activity": 1.086157, "balance": 1.912952, "dry_up": 1.121226, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.041498, "annualized_volatility": 0.157971, "from_high_reference": -0.015768, "from_low_reference": 0.338002 }, "levels": { "trend_reference": 379.400584, "fair_value_reference": 309.911213, "structural_low": 352.601916, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.007054, "positive_rate": 0.551724, "directional_follow_through": 0.551724, "median_excess_return": 0.005135, "regime_survival": 0.689655, "best_return": 0.231178, "worst_return": -0.078284, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.047322, "positive_rate": 0.818182, "directional_follow_through": 0.818182, "median_excess_return": 0.015458, "regime_survival": 0.636364, "best_return": 0.146291, "worst_return": -0.079215, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.103763, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.103519, "regime_survival": 0.4, "best_return": 0.166219, "worst_return": -0.061698, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.197329, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.039957, "regime_survival": 0.666667, "best_return": 0.224113, "worst_return": 0.034992, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-05-03", "tenure": "New", "return": 0.001219, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-31", "tenure": "New", "return": -0.022181, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-07", "end": "2024-08-02", "tenure": "Developing", "return": 0.03188, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.045951, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-30", "end": "2024-10-04", "tenure": "Developing", "return": 0.010573, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": 0.184278, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.056774, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.001182, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.084835, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.045637, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-09-05", "tenure": "Established", "return": 0.028588, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2026-03-20", "tenure": "Extended", "return": 0.084442, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.05913, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.107622, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 249.776757, "volume": 1075514, "typical_volume": 1369052.7, "trend": 238.815836, "fair_value": 196.1163, "relative_strength": 3.103663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.202037, "energy": 24.188781, "activity_lines": [ 250.757142, 254.54702, 251.286198, 245.52205 ] }, { "date": "2023-08-25", "close": 246.14939, "volume": 844058, "typical_volume": 1350782.85, "trend": 239.583772, "fair_value": 196.863255, "relative_strength": 0.600192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.986098, "energy": 21.811955, "activity_lines": [ 248.964934, 252.746302, 251.336272, 245.995182 ] }, { "date": "2023-09-01", "close": 251.609042, "volume": 824058, "typical_volume": 1319093.05, "trend": 240.070953, "fair_value": 197.640345, "relative_strength": 0.07944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.751896, "energy": 19.010012, "activity_lines": [ 249.564944, 252.066101, 251.734792, 246.771006 ] }, { "date": "2023-09-08", "close": 241.582628, "volume": 945875, "typical_volume": 1261185.95, "trend": 240.477349, "fair_value": 198.371954, "relative_strength": -2.806185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.385826, "energy": 11.150129, "activity_lines": [ 246.81793, 249.587301, 251.030026, 246.868534 ] }, { "date": "2023-09-15", "close": 242.215092, "volume": 1152474, "typical_volume": 1230310.7, "trend": 240.875925, "fair_value": 199.109221, "relative_strength": -2.53364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.265139, "energy": 14.296256, "activity_lines": [ 244.953909, 247.675073, 250.385784, 246.980646 ] }, { "date": "2023-09-22", "close": 237.973863, "volume": 1272592, "typical_volume": 1230944.2, "trend": 241.250965, "fair_value": 199.849643, "relative_strength": -1.48148, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.289071, "energy": 21.870239, "activity_lines": [ 242.189669, 245.306405, 249.319143, 246.793416 ] }, { "date": "2023-09-29", "close": 237.229788, "volume": 1101232, "typical_volume": 1230006.3, "trend": 241.499221, "fair_value": 200.551691, "relative_strength": -1.235278, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.892684, "energy": 45.577464, "activity_lines": [ 239.964264, 243.399819, 248.189486, 246.533986 ] }, { "date": "2023-10-06", "close": 241.554725, "volume": 1169403, "typical_volume": 1187296.15, "trend": 242.196057, "fair_value": 201.231223, "relative_strength": -0.021125, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.863879, "energy": 41.151981, "activity_lines": [ 239.775145, 242.597851, 247.46225, 246.537567 ] }, { "date": "2023-10-13", "close": 235.918355, "volume": 1133330, "typical_volume": 1183544.85, "trend": 242.96288, "fair_value": 201.863847, "relative_strength": -2.82084, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.466061, "energy": 41.637532, "activity_lines": [ 238.377524, 240.952562, 246.19631, 246.132554 ] }, { "date": "2023-10-20", "close": 235.220785, "volume": 1553575, "typical_volume": 1183628.65, "trend": 243.625293, "fair_value": 202.435459, "relative_strength": -0.896717, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.950065, "energy": 48.323931, "activity_lines": [ 237.124997, 239.466749, 244.873414, 245.633064 ] }, { "date": "2023-10-27", "close": 234.699932, "volume": 1190868, "typical_volume": 1187297.65, "trend": 243.887528, "fair_value": 203.069281, "relative_strength": 1.235624, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.007704, "energy": 46.179467, "activity_lines": [ 236.16514, 238.153456, 243.524106, 245.057234 ] }, { "date": "2023-11-03", "close": 251.925274, "volume": 1373301, "typical_volume": 1182191.9, "trend": 245.280709, "fair_value": 203.785225, "relative_strength": 2.597588, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.048821, "energy": 10.693295, "activity_lines": [ 241.165326, 240.246167, 243.875622, 245.575798 ] }, { "date": "2023-11-10", "close": 251.162597, "volume": 804982, "typical_volume": 1159682.1, "trend": 246.304546, "fair_value": 204.44836, "relative_strength": 0.814608, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -15.878772, "energy": 14.086057, "activity_lines": [ 244.931587, 242.095194, 244.160484, 245.955275 ] }, { "date": "2023-11-17", "close": 258.342923, "volume": 1079634, "typical_volume": 1148552.5, "trend": 246.861199, "fair_value": 205.141835, "relative_strength": 1.287284, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 28.654285, "energy": 29.753743, "activity_lines": [ 250.450765, 245.257852, 245.137699, 246.731944 ] }, { "date": "2023-11-24", "close": 257.635234, "volume": 710166, "typical_volume": 1146376.4, "trend": 247.504514, "fair_value": 205.808061, "relative_strength": -0.012281, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.007265, "energy": 38.260422, "activity_lines": [ 254.239076, 247.987107, 246.085975, 247.427043 ] }, { "date": "2023-12-01", "close": 262.054942, "volume": 1151402, "typical_volume": 1138702.3, "trend": 248.252277, "fair_value": 206.479629, "relative_strength": 0.817984, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.860658, "energy": 62.993026, "activity_lines": [ 258.006326, 251.239579, 247.464165, 248.365781 ] }, { "date": "2023-12-08", "close": 260.519281, "volume": 1161283, "typical_volume": 1093465.1, "trend": 249.094934, "fair_value": 207.143301, "relative_strength": -0.062572, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.922018, "energy": 66.153256, "activity_lines": [ 259.438021, 253.775002, 248.737884, 249.1572 ] }, { "date": "2023-12-15", "close": 268.066493, "volume": 1834560, "typical_volume": 1122178.05, "trend": 249.992014, "fair_value": 207.91614, "relative_strength": 0.338095, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.683512, "energy": 79.81133, "activity_lines": [ 262.81252, 257.2592, 250.702838, 250.381172 ] }, { "date": "2023-12-22", "close": 269.817521, "volume": 1030727, "typical_volume": 1115492.35, "trend": 251.055623, "fair_value": 208.700704, "relative_strength": 0.00987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.528741, "energy": 81.609501, "activity_lines": [ 265.643769, 260.579734, 252.755839, 251.660237 ] }, { "date": "2023-12-29", "close": 270.463623, "volume": 670894, "typical_volume": 1103996.4, "trend": 252.068044, "fair_value": 209.481784, "relative_strength": -0.152554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.835923, "energy": 81.309042, "activity_lines": [ 267.925412, 263.401393, 254.783933, 252.912366 ] }, { "date": "2024-01-05", "close": 263.056867, "volume": 749693, "typical_volume": 1087705.35, "trend": 252.591058, "fair_value": 210.205643, "relative_strength": -1.337473, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.356186, "energy": 69.470404, "activity_lines": [ 266.88291, 264.23559, 256.008786, 253.621322 ] }, { "date": "2024-01-12", "close": 265.856639, "volume": 914339, "typical_volume": 1091219.4, "trend": 253.013569, "fair_value": 210.971497, "relative_strength": -2.050849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.651311, "energy": 58.48192, "activity_lines": [ 266.706871, 265.063256, 257.437045, 254.477166 ] }, { "date": "2024-01-19", "close": 268.609593, "volume": 739948, "typical_volume": 1087013.9, "trend": 253.535549, "fair_value": 211.702616, "relative_strength": -2.211855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.118644, "energy": 51.406875, "activity_lines": [ 267.092659, 266.138162, 259.033646, 255.483361 ] }, { "date": "2024-01-26", "close": 271.231453, "volume": 749291, "typical_volume": 1077184.7, "trend": 253.695946, "fair_value": 212.439354, "relative_strength": -2.259923, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.33715, "energy": 50.67226, "activity_lines": [ 268.316194, 267.372551, 260.798994, 256.625032 ] }, { "date": "2024-02-02", "close": 273.99377, "volume": 1326816, "typical_volume": 1085901.8, "trend": 254.178303, "fair_value": 213.169417, "relative_strength": -2.554218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.204751, "energy": 68.940688, "activity_lines": [ 270.366239, 268.874843, 262.686234, 257.934569 ] }, { "date": "2024-02-09", "close": 245.733861, "volume": 1889989, "typical_volume": 1116771.65, "trend": 253.341791, "fair_value": 213.687265, "relative_strength": -13.564054, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.021712, "energy": 15.661285, "activity_lines": [ 262.760971, 264.941542, 261.730727, 257.389767 ] }, { "date": "2024-02-16", "close": 250.237843, "volume": 1607201, "typical_volume": 1142070.1, "trend": 253.191906, "fair_value": 214.206097, "relative_strength": -11.462658, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.96229, "energy": 16.190832, "activity_lines": [ 257.811898, 262.123893, 261.167218, 257.189512 ] }, { "date": "2024-02-23", "close": 255.453472, "volume": 1161617, "typical_volume": 1141680.8, "trend": 253.322497, "fair_value": 214.705832, "relative_strength": -10.866106, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.37391, "energy": 22.446077, "activity_lines": [ 255.642621, 260.441476, 261.038493, 257.335419 ] }, { "date": "2024-03-01", "close": 261.440294, "volume": 1435869, "typical_volume": 1156807.75, "trend": 253.648333, "fair_value": 215.164511, "relative_strength": -9.4585, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.990473, "energy": 24.592236, "activity_lines": [ 256.346025, 260.0769, 261.413757, 257.859148 ] }, { "date": "2024-03-08", "close": 278.354246, "volume": 2114994, "typical_volume": 1184878.7, "trend": 254.596209, "fair_value": 215.731276, "relative_strength": -3.267228, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.336913, "energy": 24.889708, "activity_lines": [ 263.340158, 262.939901, 263.278341, 259.453078 ] }, { "date": "2024-03-15", "close": 272.659694, "volume": 3422273, "typical_volume": 1296448.95, "trend": 255.358974, "fair_value": 216.216443, "relative_strength": -5.129756, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.225912, "energy": 50.366001, "activity_lines": [ 268.145408, 264.624062, 264.395188, 260.618464 ] }, { "date": "2024-03-22", "close": 274.950714, "volume": 1669702, "typical_volume": 1311269.0, "trend": 256.319018, "fair_value": 216.6926, "relative_strength": -6.342939, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.792718, "energy": 64.497682, "activity_lines": [ 271.919276, 266.550177, 265.549468, 261.882447 ] }, { "date": "2024-03-29", "close": 279.278197, "volume": 1033918, "typical_volume": 1322715.8, "trend": 257.241323, "fair_value": 217.184678, "relative_strength": -5.1157, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.226482, "energy": 73.364796, "activity_lines": [ 275.488114, 269.097759, 267.006243, 263.363685 ] }, { "date": "2024-04-05", "close": 276.016086, "volume": 1274909, "typical_volume": 1332479.55, "trend": 258.389105, "fair_value": 217.634277, "relative_strength": -5.421542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.018845, "energy": 69.669193, "activity_lines": [ 276.381266, 270.858256, 268.018458, 264.57496 ] }, { "date": "2024-04-12", "close": 273.017961, "volume": 1357981, "typical_volume": 1364870.3, "trend": 259.415868, "fair_value": 218.06505, "relative_strength": -5.035393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.665158, "energy": 53.764751, "activity_lines": [ 275.303324, 271.986645, 268.660979, 265.518757 ] }, { "date": "2024-04-19", "close": 253.426438, "volume": 2492946, "typical_volume": 1431947.5, "trend": 259.930953, "fair_value": 218.352479, "relative_strength": -8.798236, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.74024, "energy": 11.244594, "activity_lines": [ 268.050627, 269.570682, 267.364389, 265.132342 ] }, { "date": "2024-04-26", "close": 255.21777, "volume": 1460948, "typical_volume": 1446930.75, "trend": 260.530553, "fair_value": 218.657496, "relative_strength": -10.277257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.0252, "energy": 14.768783, "activity_lines": [ 262.677257, 267.34055, 266.279491, 264.828266 ] }, { "date": "2024-05-03", "close": 255.528897, "volume": 1554419, "typical_volume": 1432923.7, "trend": 260.996358, "fair_value": 218.886306, "relative_strength": -10.425056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.589467, "energy": 26.778671, "activity_lines": [ 258.723126, 265.076443, 265.249469, 264.505578 ] }, { "date": "2024-05-10", "close": 264.843827, "volume": 988000, "typical_volume": 1430787.35, "trend": 261.960541, "fair_value": 219.154493, "relative_strength": -8.637281, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.149299, "energy": 27.810942, "activity_lines": [ 259.457258, 264.504588, 265.166286, 264.753802 ] }, { "date": "2024-05-17", "close": 264.77783, "volume": 1178685, "typical_volume": 1456176.9, "trend": 262.945776, "fair_value": 219.444501, "relative_strength": -9.88275, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.922904, "energy": 21.506989, "activity_lines": [ 260.914208, 263.858851, 265.100502, 264.935563 ] }, { "date": "2024-05-24", "close": 257.099672, "volume": 945474, "typical_volume": 1465965.95, "trend": 263.692434, "fair_value": 219.659168, "relative_strength": -12.223437, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.886767, "energy": 22.542742, "activity_lines": [ 260.361115, 262.063929, 264.33054, 264.558395 ] }, { "date": "2024-05-31", "close": 258.969384, "volume": 1217237, "typical_volume": 1481110.85, "trend": 263.927237, "fair_value": 219.887398, "relative_strength": -10.99618, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.683413, "energy": 15.512904, "activity_lines": [ 260.186377, 260.891865, 263.767014, 264.253682 ] }, { "date": "2024-06-07", "close": 254.537122, "volume": 914554, "typical_volume": 1489841.15, "trend": 264.039722, "fair_value": 220.174248, "relative_strength": -13.283414, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.307201, "energy": 35.504989, "activity_lines": [ 258.28411, 259.204504, 262.814163, 263.647868 ] }, { "date": "2024-06-14", "close": 248.890021, "volume": 1010009, "typical_volume": 1502877.05, "trend": 263.724625, "fair_value": 220.572958, "relative_strength": -16.214449, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.276483, "energy": 61.018807, "activity_lines": [ 254.565595, 256.940235, 261.390506, 262.670468 ] }, { "date": "2024-06-21", "close": 253.170429, "volume": 1717227, "typical_volume": 1522397.6, "trend": 263.575798, "fair_value": 220.947089, "relative_strength": -14.939007, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.891456, "energy": 59.019882, "activity_lines": [ 253.337469, 255.947424, 260.480894, 261.989552 ] }, { "date": "2024-06-28", "close": 248.083293, "volume": 1796674, "typical_volume": 1517731.85, "trend": 263.110076, "fair_value": 221.276844, "relative_strength": -16.150605, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.445789, "energy": 65.871591, "activity_lines": [ 251.187458, 254.390543, 259.185951, 260.990035 ] }, { "date": "2024-07-05", "close": 242.350774, "volume": 1340034, "typical_volume": 1504373.5, "trend": 262.504459, "fair_value": 221.548798, "relative_strength": -19.160482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.588949, "energy": 71.063151, "activity_lines": [ 247.7277, 251.888533, 257.333867, 259.650726 ] }, { "date": "2024-07-12", "close": 255.903815, "volume": 1645671, "typical_volume": 1528576.2, "trend": 262.099037, "fair_value": 221.951822, "relative_strength": -14.988474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.806619, "energy": 39.636006, "activity_lines": [ 249.893529, 252.084659, 256.810106, 259.224878 ] }, { "date": "2024-07-19", "close": 257.109163, "volume": 2324092, "typical_volume": 1572987.35, "trend": 261.675425, "fair_value": 222.335607, "relative_strength": -12.554646, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.095395, "energy": 33.789582, "activity_lines": [ 252.370027, 252.493122, 256.398996, 258.90295 ] }, { "date": "2024-07-26", "close": 266.372306, "volume": 1390795, "typical_volume": 1536777.4, "trend": 261.539048, "fair_value": 222.815983, "relative_strength": -8.42018, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.529518, "energy": 11.656187, "activity_lines": [ 257.386298, 254.726423, 256.890714, 259.205975 ] }, { "date": "2024-08-02", "close": 262.651863, "volume": 1350595, "typical_volume": 1433193.5, "trend": 261.525548, "fair_value": 223.236143, "relative_strength": -7.48306, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.235334, "energy": 19.951964, "activity_lines": [ 260.282295, 256.254289, 257.085161, 259.277769 ] }, { "date": "2024-08-09", "close": 259.282584, "volume": 1083944, "typical_volume": 1403905.6, "trend": 261.306412, "fair_value": 223.602616, "relative_strength": -8.413478, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.682476, "energy": 17.765978, "activity_lines": [ 261.083962, 257.068611, 257.00638, 259.133062 ] }, { "date": "2024-08-16", "close": 262.129862, "volume": 982615, "typical_volume": 1401340.45, "trend": 261.090421, "fair_value": 224.040045, "relative_strength": -10.621557, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.093324, "energy": 18.917265, "activity_lines": [ 261.705934, 258.394924, 257.273379, 259.186188 ] }, { "date": "2024-08-23", "close": 271.196975, "volume": 817244, "typical_volume": 1378457.2, "trend": 261.089272, "fair_value": 224.491947, "relative_strength": -8.534106, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.692967, "energy": 32.34977, "activity_lines": [ 264.935207, 261.231754, 258.485572, 259.838224 ] }, { "date": "2024-08-30", "close": 271.101429, "volume": 1191892, "typical_volume": 1370152.75, "trend": 260.992861, "fair_value": 224.94516, "relative_strength": -8.535803, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.999069, "energy": 40.24374, "activity_lines": [ 267.193444, 263.645631, 259.711613, 260.484169 ] }, { "date": "2024-09-06", "close": 258.776031, "volume": 1269877, "typical_volume": 1308999.3, "trend": 261.4276, "fair_value": 225.36613, "relative_strength": -8.689308, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.621323, "energy": 21.389847, "activity_lines": [ 265.02794, 263.492508, 259.772932, 260.341148 ] }, { "date": "2024-09-13", "close": 267.948421, "volume": 1317330, "typical_volume": 1301818.4, "trend": 262.017952, "fair_value": 225.874431, "relative_strength": -8.84345, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.566033, "energy": 24.473092, "activity_lines": [ 266.178289, 264.812679, 260.682339, 260.761846 ] }, { "date": "2024-09-20", "close": 270.575928, "volume": 1495426, "typical_volume": 1298868.75, "trend": 262.522034, "fair_value": 226.393971, "relative_strength": -8.958087, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.178919, "energy": 24.305742, "activity_lines": [ 267.62675, 266.145167, 261.781362, 261.313974 ] }, { "date": "2024-09-27", "close": 275.65896, "volume": 1465919, "typical_volume": 1322764.7, "trend": 262.99599, "fair_value": 226.975364, "relative_strength": -7.497935, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.778083, "energy": 29.720031, "activity_lines": [ 270.206484, 268.135077, 263.292831, 262.161517 ] }, { "date": "2024-10-04", "close": 273.967801, "volume": 1288614, "typical_volume": 1328261.15, "trend": 262.849775, "fair_value": 227.511324, "relative_strength": -7.996115, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.718395, "energy": 55.281439, "activity_lines": [ 271.925033, 269.480234, 264.591737, 262.869376 ] }, { "date": "2024-10-11", "close": 278.811969, "volume": 1310834, "typical_volume": 1346529.15, "trend": 263.054851, "fair_value": 228.057729, "relative_strength": -7.184525, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.514332, "energy": 66.755757, "activity_lines": [ 275.067214, 271.568049, 266.30823, 263.899195 ] }, { "date": "2024-10-18", "close": 311.565042, "volume": 4015159, "typical_volume": 1486425.25, "trend": 264.275328, "fair_value": 228.863571, "relative_strength": 2.956325, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.794538, "energy": 89.58123, "activity_lines": [ 287.791356, 279.317148, 271.040671, 267.028885 ] }, { "date": "2024-10-25", "close": 312.033216, "volume": 2015362, "typical_volume": 1541465.65, "trend": 265.367162, "fair_value": 229.713178, "relative_strength": 4.255651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.929115, "energy": 95.683526, "activity_lines": [ 297.763781, 286.20078, 275.567245, 270.110039 ] }, { "date": "2024-11-01", "close": 315.577963, "volume": 1976620, "typical_volume": 1589796.2, "trend": 266.685892, "fair_value": 230.535799, "relative_strength": 7.055679, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.580307, "energy": 95.149852, "activity_lines": [ 306.15397, 292.821578, 280.157623, 273.349445 ] }, { "date": "2024-11-08", "close": 343.267113, "volume": 1723070, "typical_volume": 1590088.35, "trend": 269.02753, "fair_value": 231.483601, "relative_strength": 11.179842, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.360101, "energy": 98.489185, "activity_lines": [ 321.112608, 303.669839, 287.067501, 278.290169 ] }, { "date": "2024-11-15", "close": 341.155552, "volume": 1882294, "typical_volume": 1594369.35, "trend": 271.951834, "fair_value": 232.441537, "relative_strength": 12.836039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.264743, "energy": 95.326428, "activity_lines": [ 330.747438, 312.822077, 293.347247, 282.94359 ] }, { "date": "2024-11-22", "close": 351.73921, "volume": 2034898, "typical_volume": 1629112.55, "trend": 275.169215, "fair_value": 233.492107, "relative_strength": 14.356927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.66256, "energy": 95.774492, "activity_lines": [ 339.753916, 322.400806, 300.191758, 288.091163 ] }, { "date": "2024-11-29", "close": 355.314557, "volume": 1480886, "typical_volume": 1620873.3, "trend": 278.495404, "fair_value": 234.566622, "relative_strength": 14.122299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.491224, "energy": 93.687647, "activity_lines": [ 347.273898, 331.10613, 306.855882, 293.26183 ] }, { "date": "2024-12-06", "close": 343.858068, "volume": 1629312, "typical_volume": 1586134.3, "trend": 281.129212, "fair_value": 235.531624, "relative_strength": 9.519641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.435214, "energy": 83.734564, "activity_lines": [ 348.089628, 336.187754, 311.955527, 297.478776 ] }, { "date": "2024-12-13", "close": 341.301502, "volume": 1755077, "typical_volume": 1604348.4, "trend": 283.680001, "fair_value": 236.526399, "relative_strength": 9.400706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.827301, "energy": 67.402162, "activity_lines": [ 346.167828, 339.564563, 316.398599, 301.360859 ] }, { "date": "2024-12-20", "close": 330.287126, "volume": 3066356, "typical_volume": 1690136.45, "trend": 286.119583, "fair_value": 237.447206, "relative_strength": 7.923566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.767299, "energy": 62.963741, "activity_lines": [ 340.705611, 339.71451, 319.435877, 304.36777 ] }, { "date": "2024-12-27", "close": 330.191014, "volume": 1341134, "typical_volume": 1702995.95, "trend": 288.493637, "fair_value": 238.336395, "relative_strength": 7.277454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.471999, "energy": 50.189855, "activity_lines": [ 335.935918, 338.91107, 322.14193, 307.211089 ] }, { "date": "2025-01-03", "close": 323.001875, "volume": 1093736, "typical_volume": 1708552.0, "trend": 290.775795, "fair_value": 239.158643, "relative_strength": 5.577363, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.72927, "energy": 35.374214, "activity_lines": [ 330.206392, 336.46186, 323.825643, 309.437427 ] }, { "date": "2025-01-10", "close": 319.599529, "volume": 1371316, "typical_volume": 1736255.6, "trend": 293.132779, "fair_value": 239.952869, "relative_strength": 6.584342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.711414, "energy": 31.08422, "activity_lines": [ 325.496929, 333.194611, 324.895456, 311.297022 ] }, { "date": "2025-01-17", "close": 334.948533, "volume": 2769542, "typical_volume": 1815138.1, "trend": 295.858716, "fair_value": 240.926808, "relative_strength": 8.522359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.413509, "energy": 29.617671, "activity_lines": [ 327.521037, 332.64497, 327.196591, 313.994813 ] }, { "date": "2025-01-24", "close": 336.851541, "volume": 1221230, "typical_volume": 1812705.75, "trend": 298.817657, "fair_value": 241.909071, "relative_strength": 7.311929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.893918, "energy": 31.171403, "activity_lines": [ 330.603013, 332.592578, 329.374931, 316.639511 ] }, { "date": "2025-01-31", "close": 341.339947, "volume": 1444937, "typical_volume": 1819086.1, "trend": 302.117296, "fair_value": 242.879302, "relative_strength": 9.829219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.291317, "energy": 44.022049, "activity_lines": [ 334.743495, 333.434515, 331.60895, 319.382885 ] }, { "date": "2025-02-07", "close": 325.356607, "volume": 2596265, "typical_volume": 1874128.05, "trend": 304.43239, "fair_value": 243.774316, "relative_strength": 4.693996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.335939, "energy": 36.165836, "activity_lines": [ 332.812936, 331.559467, 331.971263, 320.882195 ] }, { "date": "2025-02-14", "close": 325.741053, "volume": 1736225, "typical_volume": 1887643.35, "trend": 306.720119, "fair_value": 244.634467, "relative_strength": 3.17939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.556789, "energy": 28.818317, "activity_lines": [ 330.853543, 330.299009, 332.10933, 322.256948 ] }, { "date": "2025-02-21", "close": 322.819263, "volume": 1380762, "typical_volume": 1892250.75, "trend": 308.601684, "fair_value": 245.486874, "relative_strength": 3.807027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.34676, "energy": 14.946576, "activity_lines": [ 327.510786, 328.836716, 331.730644, 323.295602 ] }, { "date": "2025-02-28", "close": 329.992119, "volume": 1885834, "typical_volume": 1921000.75, "trend": 310.84636, "fair_value": 246.411654, "relative_strength": 6.987185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.445852, "energy": 14.911243, "activity_lines": [ 327.367598, 329.01462, 331.802462, 324.67563 ] }, { "date": "2025-03-07", "close": 330.843287, "volume": 1735907, "typical_volume": 1807038.15, "trend": 313.231716, "fair_value": 247.352218, "relative_strength": 10.567623, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.111235, "energy": 11.275032, "activity_lines": [ 327.965428, 329.352645, 331.711628, 325.965754 ] }, { "date": "2025-03-14", "close": 320.967801, "volume": 2152553, "typical_volume": 1813897.7, "trend": 315.192981, "fair_value": 248.181912, "relative_strength": 9.642839, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.639779, "energy": 6.675875, "activity_lines": [ 325.971206, 327.883268, 330.588471, 326.464857 ] }, { "date": "2025-03-21", "close": 317.224595, "volume": 3288689, "typical_volume": 1879501.15, "trend": 316.727235, "fair_value": 249.017275, "relative_strength": 7.703045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.38529, "energy": 8.673653, "activity_lines": [ 323.021836, 325.770291, 329.066272, 326.595928 ] }, { "date": "2025-03-28", "close": 318.520692, "volume": 1528031, "typical_volume": 1869749.2, "trend": 318.307877, "fair_value": 249.890323, "relative_strength": 9.631012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.942841, "energy": 11.67214, "activity_lines": [ 321.072262, 323.936149, 327.65967, 326.711635 ] }, { "date": "2025-04-04", "close": 304.669864, "volume": 2296706, "typical_volume": 1890469.8, "trend": 319.837672, "fair_value": 250.647617, "relative_strength": 15.049387, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.635439, "energy": 45.308482, "activity_lines": [ 314.792317, 319.882362, 325.051781, 325.831764 ] }, { "date": "2025-04-11", "close": 325.155936, "volume": 2726664, "typical_volume": 1925058.1, "trend": 321.744589, "fair_value": 251.520396, "relative_strength": 15.906507, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.242207, "energy": 30.350212, "activity_lines": [ 317.029214, 320.138437, 324.568688, 326.174877 ] }, { "date": "2025-04-18", "close": 295.432754, "volume": 3229397, "typical_volume": 2012483.65, "trend": 322.57315, "fair_value": 252.138266, "relative_strength": 6.650135, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.197451, "energy": 47.081054, "activity_lines": [ 309.737539, 315.284552, 321.381403, 324.47734 ] }, { "date": "2025-04-25", "close": 298.64398, "volume": 2092793, "typical_volume": 2035657.7, "trend": 323.339317, "fair_value": 252.833465, "relative_strength": 2.938088, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.187843, "energy": 58.485652, "activity_lines": [ 305.21861, 311.558597, 318.785101, 322.933522 ] }, { "date": "2025-05-02", "close": 306.565648, "volume": 1971934, "typical_volume": 2046500.55, "trend": 324.425912, "fair_value": 253.547084, "relative_strength": 2.532896, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.896494, "energy": 43.746668, "activity_lines": [ 304.578944, 309.765618, 317.158548, 321.85135 ] }, { "date": "2025-05-09", "close": 305.317913, "volume": 1408052, "typical_volume": 1963585.35, "trend": 325.309443, "fair_value": 254.262115, "relative_strength": 2.456109, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.947367, "energy": 53.191199, "activity_lines": [ 304.320369, 308.041299, 315.578573, 320.618576 ] }, { "date": "2025-05-16", "close": 320.861405, "volume": 1348198, "typical_volume": 1963938.55, "trend": 325.619322, "fair_value": 255.106295, "relative_strength": 2.136522, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.770867, "energy": 27.481267, "activity_lines": [ 309.199756, 309.591692, 315.597831, 320.331606 ] }, { "date": "2025-05-23", "close": 310.851734, "volume": 1361989, "typical_volume": 1977351.2, "trend": 325.579939, "fair_value": 255.811575, "relative_strength": 1.362685, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.830142, "energy": 18.033533, "activity_lines": [ 311.028887, 309.503633, 314.708213, 319.378858 ] }, { "date": "2025-05-30", "close": 312.273149, "volume": 1397407, "typical_volume": 1978655.75, "trend": 325.469779, "fair_value": 256.541619, "relative_strength": -0.067909, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.368035, "energy": 15.399493, "activity_lines": [ 312.303891, 309.857941, 314.011826, 318.520356 ] }, { "date": "2025-06-06", "close": 313.168835, "volume": 1336219, "typical_volume": 1906989.6, "trend": 324.466503, "fair_value": 257.339952, "relative_strength": -1.554979, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.125782, "energy": 15.643888, "activity_lines": [ 312.968846, 310.465128, 313.43563, 317.726746 ] }, { "date": "2025-06-13", "close": 301.807252, "volume": 1301251, "typical_volume": 1910990.65, "trend": 323.154893, "fair_value": 258.144175, "relative_strength": -4.928199, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.620509, "energy": 21.728658, "activity_lines": [ 309.406395, 309.103879, 311.881092, 316.264859 ] }, { "date": "2025-06-20", "close": 297.708515, "volume": 2188523, "typical_volume": 1948169.95, "trend": 321.35387, "fair_value": 258.886663, "relative_strength": -6.170742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.119114, "energy": 34.280978, "activity_lines": [ 304.711741, 307.049452, 310.103075, 314.623157 ] }, { "date": "2025-06-27", "close": 302.79056, "volume": 1787965, "typical_volume": 1907754.95, "trend": 319.60307, "fair_value": 259.682693, "relative_strength": -7.873235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.101423, "energy": 37.522241, "activity_lines": [ 303.254629, 306.418078, 309.016831, 313.425524 ] }, { "date": "2025-07-04", "close": 313.129892, "volume": 1420296, "typical_volume": 1891958.5, "trend": 318.578797, "fair_value": 260.546271, "relative_strength": -6.512728, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.066107, "energy": 30.744355, "activity_lines": [ 305.781372, 307.532804, 309.022743, 313.0079 ] }, { "date": "2025-07-11", "close": 309.177191, "volume": 1289494, "typical_volume": 1887395.1, "trend": 317.507987, "fair_value": 261.385378, "relative_strength": -7.548188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.342364, "energy": 24.84504, "activity_lines": [ 306.933432, 307.665477, 308.71226, 312.401345 ] }, { "date": "2025-07-18", "close": 327.811355, "volume": 2859890, "typical_volume": 1936097.9, "trend": 317.425461, "fair_value": 262.254992, "relative_strength": -2.762675, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.918573, "energy": 11.16833, "activity_lines": [ 314.56299, 311.138697, 310.241422, 313.066078 ] }, { "date": "2025-07-25", "close": 321.541552, "volume": 1829201, "typical_volume": 1940762.6, "trend": 317.137146, "fair_value": 263.022155, "relative_strength": -6.079123, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.805904, "energy": 23.661847, "activity_lines": [ 318.369006, 313.062981, 311.183845, 313.331632 ] }, { "date": "2025-08-01", "close": 309.391377, "volume": 1417391, "typical_volume": 1904004.5, "trend": 316.683463, "fair_value": 263.717496, "relative_strength": -7.388031, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.306188, "energy": 17.399561, "activity_lines": [ 316.536095, 312.765776, 311.013401, 312.831905 ] }, { "date": "2025-08-08", "close": 313.295399, "volume": 1168073, "typical_volume": 1797973.7, "trend": 316.473325, "fair_value": 264.38958, "relative_strength": -8.49214, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.488596, "energy": 14.924804, "activity_lines": [ 315.564471, 313.204946, 311.269895, 312.613321 ] }, { "date": "2025-08-15", "close": 317.394137, "volume": 1250255, "typical_volume": 1784084.9, "trend": 315.888178, "fair_value": 265.086904, "relative_strength": -8.24454, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.95869, "energy": 10.048959, "activity_lines": [ 315.948058, 314.370754, 311.935456, 312.672728 ] }, { "date": "2025-08-22", "close": 326.365109, "volume": 1145647, "typical_volume": 1726531.95, "trend": 315.538631, "fair_value": 265.899145, "relative_strength": -5.982745, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.001254, "energy": 19.481604, "activity_lines": [ 318.774173, 317.090824, 313.46076, 313.348659 ] }, { "date": "2025-08-29", "close": 318.731009, "volume": 990100, "typical_volume": 1639703.75, "trend": 314.784999, "fair_value": 266.702196, "relative_strength": -8.168538, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.870224, "energy": 17.814734, "activity_lines": [ 319.152004, 317.976369, 314.155695, 313.554619 ] }, { "date": "2025-09-05", "close": 322.121765, "volume": 860111, "typical_volume": 1521239.45, "trend": 314.677171, "fair_value": 267.468757, "relative_strength": -7.548059, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.935284, "energy": 29.55452, "activity_lines": [ 320.847457, 319.096189, 315.204155, 314.027958 ] }, { "date": "2025-09-12", "close": 326.913902, "volume": 1188939, "typical_volume": 1476046.75, "trend": 314.716266, "fair_value": 268.31235, "relative_strength": -7.672264, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.778692, "energy": 50.001505, "activity_lines": [ 323.291597, 320.735829, 316.581918, 314.817425 ] }, { "date": "2025-09-19", "close": 330.490855, "volume": 2549200, "typical_volume": 1504910.05, "trend": 314.971986, "fair_value": 269.231228, "relative_strength": -7.853602, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.229982, "energy": 52.319883, "activity_lines": [ 326.020154, 322.775207, 318.165725, 315.83514 ] }, { "date": "2025-09-26", "close": 335.067395, "volume": 1320115, "typical_volume": 1500513.2, "trend": 315.141162, "fair_value": 270.209079, "relative_strength": -6.372422, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.879283, "energy": 61.798206, "activity_lines": [ 329.401109, 325.259161, 320.071463, 317.131618 ] }, { "date": "2025-10-03", "close": 340.467124, "volume": 1593336, "typical_volume": 1512770.1, "trend": 315.461957, "fair_value": 271.173894, "relative_strength": -5.997152, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.365619, "energy": 70.807909, "activity_lines": [ 334.001822, 328.592956, 322.349797, 318.765551 ] }, { "date": "2025-10-10", "close": 320.779182, "volume": 1757460, "typical_volume": 1532543.65, "trend": 315.455669, "fair_value": 272.012213, "relative_strength": -9.251184, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.77228, "energy": 47.523414, "activity_lines": [ 330.590814, 328.003025, 322.659728, 319.108598 ] }, { "date": "2025-10-17", "close": 332.950622, "volume": 3148703, "typical_volume": 1620108.45, "trend": 315.97987, "fair_value": 272.939305, "relative_strength": -7.293745, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.053447, "energy": 41.537375, "activity_lines": [ 331.326457, 329.419031, 324.08157, 320.237305 ] }, { "date": "2025-10-24", "close": 337.046968, "volume": 1543143, "typical_volume": 1630454.65, "trend": 316.597413, "fair_value": 273.824087, "relative_strength": -7.778571, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.786693, "energy": 39.905729, "activity_lines": [ 333.025101, 331.22246, 325.795076, 321.596472 ] }, { "date": "2025-10-31", "close": 328.834676, "volume": 1229315, "typical_volume": 1626857.85, "trend": 317.402906, "fair_value": 274.6005, "relative_strength": -10.413611, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.504667, "energy": 28.414103, "activity_lines": [ 331.54924, 331.17542, 326.612754, 322.385973 ] }, { "date": "2025-11-07", "close": 336.831371, "volume": 1534608, "typical_volume": 1594162.1, "trend": 317.792088, "fair_value": 275.398132, "relative_strength": -6.454947, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.124521, "energy": 36.135193, "activity_lines": [ 333.154459, 332.537424, 328.06332, 323.639423 ] }, { "date": "2025-11-14", "close": 323.376148, "volume": 1105746, "typical_volume": 1560051.15, "trend": 318.723534, "fair_value": 276.088071, "relative_strength": -9.970937, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.691184, "energy": 22.031984, "activity_lines": [ 330.516987, 331.123926, 328.046137, 323.999685 ] }, { "date": "2025-11-21", "close": 331.568841, "volume": 1542842, "typical_volume": 1566178.45, "trend": 319.821029, "fair_value": 276.793082, "relative_strength": -5.561477, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.424155, "energy": 18.845242, "activity_lines": [ 330.437282, 331.177202, 328.711184, 324.828414 ] }, { "date": "2025-11-28", "close": 335.66533, "volume": 1043223, "typical_volume": 1553864.9, "trend": 320.791019, "fair_value": 277.511598, "relative_strength": -7.449679, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.08363, "energy": 23.058897, "activity_lines": [ 331.815192, 331.890659, 329.678567, 325.850627 ] }, { "date": "2025-12-05", "close": 342.733007, "volume": 1324736, "typical_volume": 1477107.2, "trend": 322.038189, "fair_value": 278.340479, "relative_strength": -5.569021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.078253, "energy": 31.438204, "activity_lines": [ 335.641103, 333.795066, 331.192929, 327.266239 ] }, { "date": "2025-12-12", "close": 346.30633, "volume": 1758373, "typical_volume": 1473565.8, "trend": 322.886353, "fair_value": 279.239774, "relative_strength": -3.81167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.276704, "energy": 50.578633, "activity_lines": [ 339.731567, 336.209794, 332.976552, 328.831926 ] }, { "date": "2025-12-19", "close": 341.844612, "volume": 1800438, "typical_volume": 1492718.15, "trend": 323.919449, "fair_value": 280.09865, "relative_strength": -4.94809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.253877, "energy": 53.28826, "activity_lines": [ 341.703127, 337.707133, 334.217322, 330.055039 ] }, { "date": "2025-12-26", "close": 349.435456, "volume": 741077, "typical_volume": 1471368.35, "trend": 325.158192, "fair_value": 281.001797, "relative_strength": -4.012588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.679257, "energy": 62.633686, "activity_lines": [ 344.973737, 340.201618, 336.026491, 331.701233 ] }, { "date": "2026-01-02", "close": 346.424783, "volume": 971188, "typical_volume": 1457415.0, "trend": 326.266724, "fair_value": 281.833457, "relative_strength": -3.687138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.21924, "energy": 54.026717, "activity_lines": [ 346.049683, 341.848983, 337.376833, 333.073271 ] }, { "date": "2026-01-09", "close": 357.50011, "volume": 1263547, "typical_volume": 1463310.0, "trend": 328.123152, "fair_value": 282.669414, "relative_strength": -2.018793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.078491, "energy": 60.551189, "activity_lines": [ 350.100107, 345.339538, 339.643727, 335.088329 ] }, { "date": "2026-01-16", "close": 356.700554, "volume": 1355571, "typical_volume": 1481583.55, "trend": 330.089554, "fair_value": 283.561094, "relative_strength": -1.712643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.690062, "energy": 67.715792, "activity_lines": [ 352.899539, 348.16353, 341.68621, 336.932032 ] }, { "date": "2026-01-23", "close": 364.340753, "volume": 1162902, "typical_volume": 1496723.1, "trend": 332.141227, "fair_value": 284.466411, "relative_strength": 0.864559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.164181, "energy": 71.850506, "activity_lines": [ 357.552756, 352.015391, 344.275525, 339.141787 ] }, { "date": "2026-01-30", "close": 361.389307, "volume": 1635356, "typical_volume": 1519043.95, "trend": 333.749874, "fair_value": 285.263819, "relative_strength": -0.159795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.107805, "energy": 71.153898, "activity_lines": [ 359.722414, 354.585815, 346.382706, 341.02876 ] }, { "date": "2026-02-06", "close": 364.577659, "volume": 2610964, "typical_volume": 1522132.15, "trend": 335.596556, "fair_value": 286.130402, "relative_strength": 0.992215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.110864, "energy": 63.403572, "activity_lines": [ 362.157933, 357.193748, 348.629372, 343.017649 ] }, { "date": "2026-02-13", "close": 379.650764, "volume": 2333096, "typical_volume": 1572781.2, "trend": 337.324537, "fair_value": 287.088049, "relative_strength": 6.471865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.340513, "energy": 69.631709, "activity_lines": [ 368.407629, 362.016568, 352.149253, 345.859856 ] }, { "date": "2026-02-20", "close": 380.904389, "volume": 1257373, "typical_volume": 1555983.05, "trend": 339.303298, "fair_value": 288.076393, "relative_strength": 5.601993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.217572, "energy": 75.935958, "activity_lines": [ 373.59849, 366.396087, 355.576225, 348.671459 ] }, { "date": "2026-02-27", "close": 382.650111, "volume": 1791765, "typical_volume": 1557698.3, "trend": 341.745256, "fair_value": 289.056316, "relative_strength": 6.633913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.170338, "energy": 78.011151, "activity_lines": [ 377.757669, 370.463955, 358.976898, 351.468028 ] }, { "date": "2026-03-06", "close": 369.657371, "volume": 1733709, "typical_volume": 1486948.6, "trend": 343.623988, "fair_value": 290.011494, "relative_strength": 5.219851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.707906, "energy": 66.368001, "activity_lines": [ 376.36531, 371.427588, 360.845544, 353.268809 ] }, { "date": "2026-03-13", "close": 365.058259, "volume": 2032538, "typical_volume": 1511418.35, "trend": 345.212792, "fair_value": 290.98678, "relative_strength": 5.593974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.859595, "energy": 46.153029, "activity_lines": [ 372.88871, 371.187348, 362.101385, 354.651666 ] }, { "date": "2026-03-20", "close": 354.51904, "volume": 2965704, "typical_volume": 1598237.8, "trend": 346.151256, "fair_value": 291.8789, "relative_strength": 4.511081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.949821, "energy": 25.125341, "activity_lines": [ 365.866997, 368.692095, 362.220104, 355.252069 ] }, { "date": "2026-03-27", "close": 356.644764, "volume": 2011276, "typical_volume": 1622071.2, "trend": 347.415048, "fair_value": 292.711027, "relative_strength": 7.607311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.721569, "energy": 22.633856, "activity_lines": [ 361.229307, 366.63754, 362.418967, 355.929069 ] }, { "date": "2026-04-03", "close": 363.141134, "volume": 1270124, "typical_volume": 1630290.1, "trend": 348.782361, "fair_value": 293.691869, "relative_strength": 6.154778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.894425, "energy": 21.596011, "activity_lines": [ 360.374382, 365.765156, 363.142181, 356.943655 ] }, { "date": "2026-04-10", "close": 377.186803, "volume": 1447466, "typical_volume": 1625521.3, "trend": 350.458124, "fair_value": 294.696608, "relative_strength": 6.665287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.284409, "energy": 22.034339, "activity_lines": [ 365.501945, 367.468342, 365.013722, 358.7762 ] }, { "date": "2026-04-17", "close": 377.733134, "volume": 1834845, "typical_volume": 1665102.4, "trend": 352.032867, "fair_value": 295.568978, "relative_strength": 2.340052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.342148, "energy": 30.995111, "activity_lines": [ 370.309657, 368.983634, 366.720065, 360.535878 ] }, { "date": "2026-04-24", "close": 375.895476, "volume": 2919926, "typical_volume": 1744861.9, "trend": 353.393803, "fair_value": 296.450771, "relative_strength": 1.3829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.479048, "energy": 35.596651, "activity_lines": [ 373.659824, 369.925616, 368.051071, 362.075401 ] }, { "date": "2026-05-01", "close": 377.852333, "volume": 2096831, "typical_volume": 1761784.8, "trend": 354.639976, "fair_value": 297.336863, "relative_strength": 1.047075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.858846, "energy": 46.475936, "activity_lines": [ 376.237181, 371.291668, 369.410527, 363.653371 ] }, { "date": "2026-05-08", "close": 371.504962, "volume": 1871294, "typical_volume": 1765327.6, "trend": 356.330836, "fair_value": 298.210359, "relative_strength": -2.77906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.296328, "energy": 37.863285, "activity_lines": [ 375.284909, 371.559144, 370.015253, 364.741435 ] }, { "date": "2026-05-15", "close": 357.250694, "volume": 1560573, "typical_volume": 1806302.4, "trend": 357.140838, "fair_value": 298.954568, "relative_strength": -6.487132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.099929, "energy": 13.607302, "activity_lines": [ 369.023627, 369.437574, 369.12119, 364.80078 ] }, { "date": "2026-05-22", "close": 366.65, "volume": 1780800, "typical_volume": 1846783.0, "trend": 358.127606, "fair_value": 299.779829, "relative_strength": -4.677948, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.133954, "energy": 13.772673, "activity_lines": [ 367.22452, 369.250545, 369.085083, 365.414275 ] }, { "date": "2026-05-29", "close": 371.21, "volume": 1365834, "typical_volume": 1851897.35, "trend": 359.540117, "fair_value": 300.620335, "relative_strength": -4.714802, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.048544, "energy": 16.116385, "activity_lines": [ 367.684289, 369.863666, 369.386952, 366.2583 ] }, { "date": "2026-06-05", "close": 379.77, "volume": 1242997, "typical_volume": 1846268.65, "trend": 360.971404, "fair_value": 301.469076, "relative_strength": 0.035935, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.294629, "energy": 17.593774, "activity_lines": [ 371.309757, 371.729679, 370.438773, 367.563454 ] }, { "date": "2026-06-12", "close": 387.48, "volume": 1328400, "typical_volume": 1854543.55, "trend": 363.108199, "fair_value": 302.329965, "relative_strength": 1.447037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.143174, "energy": 43.463285, "activity_lines": [ 377.37738, 374.577051, 372.115026, 369.273686 ] }, { "date": "2026-06-19", "close": 387.25, "volume": 1932460, "typical_volume": 1869398.75, "trend": 364.964238, "fair_value": 303.190861, "relative_strength": 0.408016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.989772, "energy": 56.411985, "activity_lines": [ 382.303333, 376.94008, 373.659187, 370.831221 ] }, { "date": "2026-06-26", "close": 397.1, "volume": 2265761, "typical_volume": 1852138.6, "trend": 367.01206, "fair_value": 304.028557, "relative_strength": 5.285229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.551897, "energy": 68.121031, "activity_lines": [ 388.512667, 380.911051, 376.018297, 372.904496 ] }, { "date": "2026-07-03", "close": 412.09, "volume": 1274605, "typical_volume": 1799214.05, "trend": 369.32396, "fair_value": 305.00655, "relative_strength": 6.756571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.323851, "energy": 79.086509, "activity_lines": [ 397.688667, 387.255352, 379.650158, 375.812751 ] }, { "date": "2026-07-10", "close": 401.94, "volume": 1548114, "typical_volume": 1813751.1, "trend": 371.178416, "fair_value": 305.847004, "relative_strength": 2.605808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.950199, "energy": 74.266948, "activity_lines": [ 400.756, 391.096115, 382.160879, 377.917011 ] }, { "date": "2026-07-17", "close": 410.99, "volume": 1573769, "typical_volume": 1802851.3, "trend": 373.483262, "fair_value": 306.848642, "relative_strength": 6.463953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.953253, "energy": 77.882025, "activity_lines": [ 405.362, 396.144376, 385.433336, 380.485501 ] }, { "date": "2026-07-24", "close": 404.12, "volume": 2621711, "typical_volume": 1847251.4, "trend": 375.30608, "fair_value": 307.826746, "relative_strength": 5.159402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.128702, "energy": 69.484621, "activity_lines": [ 406.110667, 399.225636, 387.916555, 382.462064 ] }, { "date": "2026-07-31", "close": 410.41, "volume": 1883743, "typical_volume": 1839811.65, "trend": 377.438921, "fair_value": 308.844341, "relative_strength": 5.457833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.334901, "energy": 54.446381, "activity_lines": [ 407.831333, 402.598364, 390.834714, 384.726833 ] }, { "date": "2026-08-07", "close": 416.35, "volume": 1942771, "typical_volume": 1788665.0, "trend": 379.400584, "fair_value": 309.911213, "relative_strength": 3.197748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.242521, "energy": 55.658909, "activity_lines": [ 410.644667, 406.255455, 394.102627, 387.237226 ] } ], "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." } } }