{ "ticker": { "uuid": "45b02b93-e39e-404d-a31a-c83ea8212fc2", "symbol": "MTD", "name": "Mettler-Toledo International Inc.", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 86.956, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 50.946, "architecture_energy": 58.129, "architecture_maturity": 8.623, "architecture_confidence": 84.163, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 32.47, "rotation_up": 71.07, "upward_expansion": 40.8, "deceleration": 32.49, "rotation_down": 14.01, "downward_expansion": 27.14 }, "activity_lines": [ 22018.479688, 21314.330398, 20908.142876, 21125.541738 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 23125.0, "trend_reference": 21861.734896, "distance_from_trend": 0.057784, "trend_direction": "Weakening", "fair_value": 23265.532177, "distance_from_fair_value": -0.00604, "fair_value_direction": "Improving", "relative_strength": -2.59415, "relative_strength_direction": "Improving", "price_momentum": -0.044295, "excess_performance": 0.010372, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057784, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.073211, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.00604, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.058809, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.025942, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.139928, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.044295, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.954545, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 4.954545, "dry_up": 0.134409, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.030353, "annualized_volatility": 0.43028, "from_high_reference": -0.16578, "from_low_reference": 0.284722 }, "levels": { "trend_reference": 21861.734896, "fair_value_reference": 23265.532177, "structural_low": 18000.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.038423, "positive_rate": 0.363636, "directional_follow_through": 0.363636, "median_excess_return": -0.019128, "regime_survival": 0.454545, "best_return": 0.091232, "worst_return": -0.168107, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.074585, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.087893, "regime_survival": 0.0, "best_return": 0.080164, "worst_return": -0.297559, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.105059, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.202752, "regime_survival": 0.0, "best_return": 0.282441, "worst_return": -0.158046, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.144981, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.341889, "regime_survival": 0.666667, "best_return": 0.338641, "worst_return": -0.279749, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-31", "end": "2025-03-14", "tenure": "Developing", "return": -0.084257, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.144916, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-07-18", "tenure": "Established", "return": 0.074328, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": 0.008604, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.040303, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-26", "tenure": "Developing", "return": -0.014158, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": 0.058307, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-01-30", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": -0.134797, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-07-24", "tenure": "Established", "return": -0.027535, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23490.509766, "volume": 0, "typical_volume": 10.15, "trend": 25199.097396, "fair_value": 26954.139937, "relative_strength": -13.676358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.999911, "energy": 86.699784, "activity_lines": [ 23490.509766, 23490.509766, 23799.975289, 24476.277088 ] }, { "date": "2023-08-25", "close": 23490.509766, "volume": 0, "typical_volume": 10.15, "trend": 25139.94642, "fair_value": 26968.566281, "relative_strength": -12.983163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.0, "energy": 86.699999, "activity_lines": [ 23490.509766, 23490.509766, 23700.598336, 24366.045628 ] }, { "date": "2023-09-01", "close": 20236.0, "volume": 16, "typical_volume": 10.2, "trend": 24972.311784, "fair_value": 26962.130384, "relative_strength": -24.137322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.321759, "energy": 97.633632, "activity_lines": [ 22405.673177, 22898.780718, 23308.789453, 24049.661988 ] }, { "date": "2023-09-08", "close": 20236.0, "volume": 0, "typical_volume": 9.65, "trend": 24804.677149, "fair_value": 26955.694486, "relative_strength": -22.40994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.656204, "energy": 78.12942, "activity_lines": [ 21537.803906, 22366.224574, 22952.832952, 23744.093486 ] }, { "date": "2023-09-15", "close": 20236.0, "volume": 0, "typical_volume": 8.75, "trend": 24549.210482, "fair_value": 26949.258589, "relative_strength": -19.844532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.222773, "energy": 78.327965, "activity_lines": [ 20886.901953, 21892.841335, 22637.657404, 23449.340121 ] }, { "date": "2023-09-22", "close": 20236.0, "volume": 0, "typical_volume": 8.75, "trend": 24331.262175, "fair_value": 26942.822691, "relative_strength": -19.444123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.88185, "energy": 75.058647, "activity_lines": [ 20452.967318, 21478.631002, 22353.360947, 23171.068477 ] }, { "date": "2023-09-29", "close": 20236.0, "volume": 0, "typical_volume": 6.9, "trend": 24111.528841, "fair_value": 26932.856984, "relative_strength": -17.213798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.33333, "energy": 88.566657, "activity_lines": [ 20236.0, 21123.593573, 22099.943583, 22906.858014 ] }, { "date": "2023-10-06", "close": 20236.0, "volume": 0, "typical_volume": 6.9, "trend": 23891.795508, "fair_value": 26922.891276, "relative_strength": -14.284522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.333246, "energy": 87.698585, "activity_lines": [ 20236.0, 20827.729048, 21864.252456, 22656.823896 ] }, { "date": "2023-10-13", "close": 20236.0, "volume": 0, "typical_volume": 5.1, "trend": 23672.062175, "fair_value": 26912.925569, "relative_strength": -12.839489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.998816, "energy": 68.09712, "activity_lines": [ 20236.0, 20591.037429, 21646.287565, 22420.966121 ] }, { "date": "2023-10-20", "close": 20236.0, "volume": 0, "typical_volume": 0.8, "trend": 23440.928841, "fair_value": 26902.959861, "relative_strength": -9.981451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.657725, "energy": 67.611582, "activity_lines": [ 20236.0, 20413.518715, 21444.817913, 22199.28469 ] }, { "date": "2023-10-27", "close": 20236.0, "volume": 0, "typical_volume": 0.8, "trend": 23209.795508, "fair_value": 26892.994153, "relative_strength": -10.470079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.295473, "energy": 67.074569, "activity_lines": [ 20236.0, 20295.172905, 21258.845926, 21992.515088 ] }, { "date": "2023-11-03", "close": 20236.0, "volume": 0, "typical_volume": 0.8, "trend": 22978.662175, "fair_value": 26883.028446, "relative_strength": -14.120025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.407151, "energy": 64.899218, "activity_lines": [ 20236.0, 20236.0, 21088.371605, 21800.657313 ] }, { "date": "2023-11-10", "close": 18290.679688, "volume": 3936, "typical_volume": 197.6, "trend": 22662.851498, "fair_value": 26860.592736, "relative_strength": -21.940274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.895754, "energy": 77.167355, "activity_lines": [ 19587.559896, 19882.305398, 20748.126349, 21498.20683 ] }, { "date": "2023-11-17", "close": 18350.0, "volume": 6, "typical_volume": 197.9, "trend": 22314.518164, "fair_value": 26838.537285, "relative_strength": -23.351381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.881697, "energy": 77.050702, "activity_lines": [ 19088.58125, 19574.765767, 20438.291741, 21219.958346 ] }, { "date": "2023-11-24", "close": 18675.0, "volume": 210, "typical_volume": 208.4, "trend": 22046.331185, "fair_value": 26810.011644, "relative_strength": -21.916996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.788342, "energy": 70.700892, "activity_lines": [ 18823.669271, 19360.607955, 20183.888133, 20985.150723 ] }, { "date": "2023-12-01", "close": 18975.910156, "volume": 9, "typical_volume": 208.85, "trend": 21788.174544, "fair_value": 26783.414914, "relative_strength": -21.605591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.999879, "energy": 88.098605, "activity_lines": [ 18763.127344, 19229.542898, 19981.073633, 20787.059043 ] }, { "date": "2023-12-08", "close": 18975.910156, "volume": 0, "typical_volume": 208.85, "trend": 21622.087891, "fair_value": 26756.818184, "relative_strength": -21.805897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.997159, "energy": 88.093051, "activity_lines": [ 18786.591406, 19121.388565, 19799.757227, 20605.622631 ] }, { "date": "2023-12-15", "close": 19435.0, "volume": 31, "typical_volume": 210.4, "trend": 21471.304232, "fair_value": 26733.164338, "relative_strength": -23.191887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.753078, "energy": 67.502972, "activity_lines": [ 19047.091406, 19119.615838, 19683.661756, 20464.520187 ] }, { "date": "2023-12-22", "close": 19435.0, "volume": 0, "typical_volume": 210.4, "trend": 21329.137565, "fair_value": 26709.510492, "relative_strength": -22.900614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.724353, "energy": 59.787174, "activity_lines": [ 19231.303385, 19132.406747, 19586.878237, 20333.14572 ] }, { "date": "2023-12-29", "close": 19435.0, "volume": 0, "typical_volume": 210.4, "trend": 21193.953906, "fair_value": 26685.856646, "relative_strength": -22.378507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.809584, "energy": 50.731809, "activity_lines": [ 19343.182031, 19159.761293, 19509.406669, 20210.943296 ] }, { "date": "2024-01-05", "close": 19435.0, "volume": 0, "typical_volume": 210.4, "trend": 21058.770248, "fair_value": 26659.227927, "relative_strength": -20.228767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.862162, "energy": 39.471283, "activity_lines": [ 19404.39401, 19201.679474, 19451.247052, 20097.462399 ] }, { "date": "2024-01-12", "close": 19665.0, "volume": 31, "typical_volume": 211.95, "trend": 20931.253255, "fair_value": 26634.073568, "relative_strength": -18.005678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.297474, "energy": 35.745019, "activity_lines": [ 19511.666667, 19299.979474, 19434.304148, 20007.541738 ] }, { "date": "2024-01-19", "close": 19665.0, "volume": 0, "typical_volume": 211.15, "trend": 20803.736263, "fair_value": 26603.785106, "relative_strength": -17.357566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.038845, "energy": 30.307366, "activity_lines": [ 19573.0, 19408.661293, 19435.577958, 19925.84798 ] }, { "date": "2024-01-26", "close": 20737.800781, "volume": 9, "typical_volume": 211.6, "trend": 20711.979297, "fair_value": 26580.373573, "relative_strength": -14.631649, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 23.827594, "energy": 34.844266, "activity_lines": [ 19976.60026, 19687.410156, 19541.742318, 19921.594078 ] }, { "date": "2024-02-02", "close": 20920.0, "volume": 103, "typical_volume": 216.75, "trend": 20626.295638, "fair_value": 26554.219727, "relative_strength": -15.497802, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 31.059313, "energy": 47.879485, "activity_lines": [ 20354.080208, 19955.871591, 19662.869457, 19935.014768 ] }, { "date": "2024-02-09", "close": 20920.0, "volume": 0, "typical_volume": 216.75, "trend": 20540.611979, "fair_value": 26535.069273, "relative_strength": -13.717676, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.488629, "energy": 81.83328, "activity_lines": [ 20632.560156, 20183.514844, 19780.739453, 19953.963437 ] }, { "date": "2024-02-16", "close": 20095.0, "volume": 24, "typical_volume": 217.95, "trend": 20427.42832, "fair_value": 26505.319273, "relative_strength": -16.200691, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.253225, "energy": 70.163533, "activity_lines": [ 20537.040104, 20225.811008, 19816.780878, 19925.214277 ] }, { "date": "2024-02-23", "close": 20269.619141, "volume": 132, "typical_volume": 224.55, "trend": 20320.0653, "fair_value": 26486.002729, "relative_strength": -14.176313, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.759518, "energy": 72.236468, "activity_lines": [ 20471.059766, 20279.50902, 19870.124126, 19915.033039 ] }, { "date": "2024-03-01", "close": 20269.619141, "volume": 0, "typical_volume": 224.55, "trend": 20212.702279, "fair_value": 26471.192596, "relative_strength": -11.911143, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.281187, "energy": 48.307407, "activity_lines": [ 20364.771485, 20318.032138, 19923.307282, 19911.778448 ] }, { "date": "2024-03-08", "close": 20269.619141, "volume": 0, "typical_volume": 224.55, "trend": 20105.339258, "fair_value": 26456.382462, "relative_strength": -10.369472, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.683032, "energy": 21.541471, "activity_lines": [ 20289.695313, 20341.380362, 19976.330348, 19915.450504 ] }, { "date": "2024-03-15", "close": 22153.25, "volume": 79, "typical_volume": 228.5, "trend": 20060.763932, "fair_value": 26453.646885, "relative_strength": -3.74017, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 65.044416, "energy": 65.681389, "activity_lines": [ 20885.854818, 20692.032031, 20208.586737, 20047.573778 ] }, { "date": "2024-03-22", "close": 22118.849609, "volume": 57, "typical_volume": 231.35, "trend": 20015.041927, "fair_value": 26447.171562, "relative_strength": -3.978332, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 91.749671, "energy": 95.699667, "activity_lines": [ 21388.330859, 20987.006357, 20428.437137, 20180.353499 ] }, { "date": "2024-03-29", "close": 22118.849609, "volume": 0, "typical_volume": 34.55, "trend": 20077.803581, "fair_value": 26437.163161, "relative_strength": -4.714234, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.597536, "energy": 94.765543, "activity_lines": [ 21755.883594, 21237.365234, 20639.321587, 20316.083027 ] }, { "date": "2024-04-05", "close": 22236.0, "volume": 58, "typical_volume": 37.15, "trend": 20144.470247, "fair_value": 26427.905724, "relative_strength": -4.836659, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.818841, "energy": 92.517591, "activity_lines": [ 22039.204427, 21464.408736, 20843.133836, 20455.321505 ] }, { "date": "2024-04-12", "close": 22236.0, "volume": 0, "typical_volume": 26.65, "trend": 20211.136914, "fair_value": 26410.758288, "relative_strength": -1.720055, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.45887, "energy": 89.860086, "activity_lines": [ 22191.433203, 21664.212251, 21028.441323, 20590.258909 ] }, { "date": "2024-04-19", "close": 22236.0, "volume": 0, "typical_volume": 26.2, "trend": 20277.803581, "fair_value": 26386.950596, "relative_strength": 0.160046, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.304058, "energy": 87.929552, "activity_lines": [ 22212.569922, 21840.088494, 21196.791667, 20720.895237 ] }, { "date": "2024-04-26", "close": 20574.0, "volume": 140, "typical_volume": 33.2, "trend": 20289.070247, "fair_value": 26352.489058, "relative_strength": -9.922265, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.716921, "energy": 54.742795, "activity_lines": [ 21674.189974, 21689.855646, 21191.332059, 20740.004683 ] }, { "date": "2024-05-03", "close": 21280.0, "volume": 18, "typical_volume": 32.55, "trend": 20323.870247, "fair_value": 26322.55316, "relative_strength": -5.165934, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.025904, "energy": 40.233019, "activity_lines": [ 21474.133333, 21659.277344, 21245.500595, 20803.935635 ] }, { "date": "2024-05-10", "close": 24513.109375, "volume": 76, "typical_volume": 36.35, "trend": 20466.44056, "fair_value": 26321.925205, "relative_strength": 8.199306, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.716344, "energy": 65.163822, "activity_lines": [ 22407.703125, 22198.166548, 21598.798596, 21074.209127 ] }, { "date": "2024-05-17", "close": 25090.0, "volume": 7, "typical_volume": 36.7, "trend": 20628.24056, "fair_value": 26323.316231, "relative_strength": 11.035356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.919379, "energy": 75.86325, "activity_lines": [ 23381.7625, 22764.790589, 21982.857087, 21372.503285 ] }, { "date": "2024-05-24", "close": 25433.0, "volume": 13, "typical_volume": 37.35, "trend": 20801.473893, "fair_value": 26319.819762, "relative_strength": 16.844666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.062214, "energy": 96.962873, "activity_lines": [ 24279.888542, 23306.134979, 22372.653674, 21682.487765 ] }, { "date": "2024-05-31", "close": 24355.0, "volume": 17, "typical_volume": 36.65, "trend": 20938.773893, "fair_value": 26309.413036, "relative_strength": 12.365818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.541137, "energy": 87.400223, "activity_lines": [ 24605.547917, 23591.84755, 22631.221689, 21911.747513 ] }, { "date": "2024-06-07", "close": 24857.929688, "volume": 457, "typical_volume": 59.5, "trend": 21157.682227, "fair_value": 26302.230218, "relative_strength": 19.229376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.415998, "energy": 88.131394, "activity_lines": [ 24846.783854, 23928.344602, 22915.354436, 22164.596274 ] }, { "date": "2024-06-14", "close": 26984.25, "volume": 231, "typical_volume": 70.6, "trend": 21445.49056, "fair_value": 26308.677659, "relative_strength": 30.73312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.951328, "energy": 95.708355, "activity_lines": [ 25558.264583, 24601.643892, 23377.265644, 22540.503873 ] }, { "date": "2024-06-21", "close": 27245.109375, "volume": 54, "typical_volume": 68.15, "trend": 21731.160872, "fair_value": 26316.797276, "relative_strength": 30.103292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.651286, "energy": 85.129946, "activity_lines": [ 26191.955729, 25236.040341, 23834.275605, 22914.672828 ] }, { "date": "2024-06-28", "close": 25606.519531, "volume": 46, "typical_volume": 70.45, "trend": 21952.181185, "fair_value": 26314.413111, "relative_strength": 22.796821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.79282, "energy": 67.407717, "activity_lines": [ 26135.776302, 25481.436648, 24105.109821, 23164.695968 ] }, { "date": "2024-07-05", "close": 25110.0, "volume": 103, "typical_volume": 74.4, "trend": 22156.650846, "fair_value": 26308.846129, "relative_strength": 20.405249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.966577, "energy": 65.956451, "activity_lines": [ 25902.522396, 25575.274503, 24306.339704, 23368.426214 ] }, { "date": "2024-07-12", "close": 23751.5, "volume": 25, "typical_volume": 69.05, "trend": 22300.53418, "fair_value": 26294.570813, "relative_strength": 8.485551, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.669536, "energy": 47.102109, "activity_lines": [ 25166.101823, 25339.639631, 24354.307682, 23471.319708 ] }, { "date": "2024-07-19", "close": 23751.5, "volume": 0, "typical_volume": 69.05, "trend": 22444.417513, "fair_value": 26280.295498, "relative_strength": 11.034436, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.92548, "energy": 30.153606, "activity_lines": [ 24503.443229, 25059.068395, 24385.695275, 23564.930406 ] }, { "date": "2024-07-26", "close": 26595.009766, "volume": 287, "typical_volume": 83.4, "trend": 22683.084505, "fair_value": 26284.247809, "relative_strength": 25.887588, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.537404, "energy": 33.184211, "activity_lines": [ 25004.137891, 25309.346378, 24671.312937, 23832.710551 ] }, { "date": "2024-08-02", "close": 28325.0, "volume": 8, "typical_volume": 79.85, "trend": 22979.417839, "fair_value": 26299.289801, "relative_strength": 34.863332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 83.527369, "energy": 54.800749, "activity_lines": [ 26124.835938, 25846.804226, 25091.570666, 24196.705099 ] }, { "date": "2024-08-09", "close": 25920.0, "volume": 17, "typical_volume": 77.85, "trend": 23187.917839, "fair_value": 26298.915127, "relative_strength": 21.255303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.684102, "energy": 53.086241, "activity_lines": [ 26262.635287, 25894.407528, 25253.39149, 24386.420077 ] }, { "date": "2024-08-16", "close": 25920.0, "volume": 0, "typical_volume": 77.85, "trend": 23396.417839, "fair_value": 26298.540452, "relative_strength": 18.727633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.096552, "energy": 65.110656, "activity_lines": [ 26346.434635, 25913.556286, 25397.111598, 24562.683443 ] }, { "date": "2024-08-23", "close": 25920.0, "volume": 0, "typical_volume": 74.95, "trend": 23569.157813, "fair_value": 26298.165778, "relative_strength": 19.798423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.368301, "energy": 59.499472, "activity_lines": [ 26285.667318, 25913.394673, 25522.73099, 24725.495195 ] }, { "date": "2024-08-30", "close": 28115.0, "volume": 34, "typical_volume": 76.65, "trend": 23808.991146, "fair_value": 26311.861616, "relative_strength": 30.427707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.648671, "energy": 55.529545, "activity_lines": [ 26812.0, 26331.67397, 25839.855143, 25018.775336 ] }, { "date": "2024-09-06", "close": 28000.0, "volume": 6, "typical_volume": 76.95, "trend": 24044.991146, "fair_value": 26324.820275, "relative_strength": 33.522078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.608295, "energy": 58.336055, "activity_lines": [ 27198.666667, 26713.227983, 26118.031678, 25289.163004 ] }, { "date": "2024-09-13", "close": 27326.960938, "volume": 40, "typical_volume": 71.95, "trend": 24286.05651, "fair_value": 26300.041053, "relative_strength": 27.191989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.868787, "energy": 62.250218, "activity_lines": [ 27382.653646, 26928.893431, 26304.661635, 25500.902991 ] }, { "date": "2024-09-20", "close": 27326.960938, "volume": 0, "typical_volume": 71.05, "trend": 24521.301237, "fair_value": 26276.267215, "relative_strength": 25.994393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.321232, "energy": 66.236707, "activity_lines": [ 27472.843229, 27104.250497, 26459.134636, 25697.090373 ] }, { "date": "2024-09-27", "close": 27326.960938, "volume": 0, "typical_volume": 67.25, "trend": 24756.545964, "fair_value": 26252.493377, "relative_strength": 23.90333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.573751, "energy": 64.084773, "activity_lines": [ 27469.235417, 27214.599183, 26584.812584, 25878.100676 ] }, { "date": "2024-10-04", "close": 29408.0, "volume": 111, "typical_volume": 72.45, "trend": 25061.158659, "fair_value": 26242.059533, "relative_strength": 32.839113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.213976, "energy": 72.377928, "activity_lines": [ 28065.509896, 27638.310227, 26895.285435, 26178.194485 ] }, { "date": "2024-10-11", "close": 27976.449219, "volume": 164, "typical_volume": 80.0, "trend": 25255.2653, "fair_value": 26222.449081, "relative_strength": 26.173471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.881419, "energy": 53.237073, "activity_lines": [ 28098.400782, 27750.594034, 27048.858213, 26366.277747 ] }, { "date": "2024-10-18", "close": 28060.0, "volume": 5, "typical_volume": 79.4, "trend": 25453.303646, "fair_value": 26203.374211, "relative_strength": 24.420712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.109447, "energy": 51.170215, "activity_lines": [ 28160.711979, 27884.406179, 27198.276544, 26547.228373 ] }, { "date": "2024-10-25", "close": 26195.720703, "volume": 23, "typical_volume": 57.7, "trend": 25589.199349, "fair_value": 26172.348833, "relative_strength": 18.446352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.798967, "energy": 33.042876, "activity_lines": [ 27552.727474, 27640.349361, 27152.501609, 26595.126248 ] }, { "date": "2024-11-01", "close": 27348.599609, "volume": 82, "typical_volume": 50.25, "trend": 25759.619336, "fair_value": 26148.713705, "relative_strength": 25.67403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.117703, "energy": 21.754112, "activity_lines": [ 27404.451953, 27600.893786, 27210.154232, 26708.635942 ] }, { "date": "2024-11-08", "close": 27927.910156, "volume": 141, "typical_volume": 54.6, "trend": 25949.349675, "fair_value": 26130.302872, "relative_strength": 24.298124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.354225, "energy": 23.555685, "activity_lines": [ 27447.83737, 27640.792862, 27321.244289, 26848.525672 ] }, { "date": "2024-11-15", "close": 27927.910156, "volume": 0, "typical_volume": 52.3, "trend": 26139.080013, "fair_value": 26111.89204, "relative_strength": 26.535003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.440214, "energy": 22.950196, "activity_lines": [ 27589.895442, 27684.093572, 27429.082915, 26976.174735 ] }, { "date": "2024-11-22", "close": 24467.75, "volume": 105, "typical_volume": 52.4, "trend": 26268.87168, "fair_value": 26065.640437, "relative_strength": 10.302105, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -15.918024, "energy": 18.078581, "activity_lines": [ 26581.802734, 27099.584979, 27196.328237, 26868.346993 ] }, { "date": "2024-11-29", "close": 24467.75, "volume": 0, "typical_volume": 51.15, "trend": 26375.130013, "fair_value": 26019.388835, "relative_strength": 10.993965, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.406914, "energy": 58.319053, "activity_lines": [ 25813.193359, 26567.062038, 26966.631892, 26752.145594 ] }, { "date": "2024-12-06", "close": 25354.960938, "volume": 292, "typical_volume": 65.75, "trend": 26403.191732, "fair_value": 25978.824482, "relative_strength": 10.879504, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.289877, "energy": 56.655494, "activity_lines": [ 25455.519011, 26247.835831, 26818.021112, 26686.328234 ] }, { "date": "2024-12-13", "close": 25354.960938, "volume": 0, "typical_volume": 51.4, "trend": 26412.023763, "fair_value": 25938.260129, "relative_strength": 9.582956, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.893061, "energy": 63.11693, "activity_lines": [ 25230.753907, 25964.464169, 26661.774805, 26618.700441 ] }, { "date": "2024-12-20", "close": 25320.0, "volume": 7, "typical_volume": 51.35, "trend": 26408.257096, "fair_value": 25897.471667, "relative_strength": 13.087459, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.157904, "energy": 64.60609, "activity_lines": [ 25165.865104, 25748.427592, 26508.103878, 26548.247295 ] }, { "date": "2024-12-27", "close": 24980.0, "volume": 10, "typical_volume": 51.0, "trend": 26429.09043, "fair_value": 25854.503719, "relative_strength": 11.440129, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.135168, "energy": 44.155517, "activity_lines": [ 25161.503646, 25518.871911, 26336.361524, 26456.101676 ] }, { "date": "2025-01-03", "close": 24980.0, "volume": 0, "typical_volume": 51.0, "trend": 26433.15944, "fair_value": 25811.53577, "relative_strength": 11.424379, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.406445, "energy": 58.982847, "activity_lines": [ 25122.992188, 25345.316229, 26169.095359, 26362.611971 ] }, { "date": "2025-01-10", "close": 24980.0, "volume": 0, "typical_volume": 51.0, "trend": 26366.351107, "fair_value": 25768.567821, "relative_strength": 9.299158, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.059012, "energy": 62.239814, "activity_lines": [ 25050.330729, 25193.86456, 26006.305385, 26268.859749 ] }, { "date": "2025-01-17", "close": 24980.0, "volume": 0, "typical_volume": 49.3, "trend": 26290.847461, "fair_value": 25731.088654, "relative_strength": 7.890478, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.133871, "energy": 61.087159, "activity_lines": [ 25002.666667, 25085.478338, 25847.991602, 26179.417742 ] }, { "date": "2025-01-24", "close": 24980.0, "volume": 0, "typical_volume": 49.0, "trend": 26269.963477, "fair_value": 25693.609488, "relative_strength": 4.388128, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.585036, "energy": 76.299065, "activity_lines": [ 24980.0, 25030.690483, 25704.60639, 26094.846938 ] }, { "date": "2025-01-31", "close": 27979.570313, "volume": 67, "typical_volume": 50.35, "trend": 26365.61582, "fair_value": 25675.358336, "relative_strength": 16.361848, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -4.955859, "energy": 16.607173, "activity_lines": [ 25979.856771, 25574.877415, 25861.275493, 26205.144153 ] }, { "date": "2025-02-07", "close": 27979.570313, "volume": 0, "typical_volume": 50.35, "trend": 26506.551498, "fair_value": 25657.107184, "relative_strength": 12.062361, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.478971, "energy": 47.794692, "activity_lines": [ 26779.742188, 26055.213068, 26014.836933, 26309.27025 ] }, { "date": "2025-02-14", "close": 26900.0, "volume": 163, "typical_volume": 58.5, "trend": 26611.501498, "fair_value": 25631.93571, "relative_strength": 4.607818, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.571713, "energy": 42.267819, "activity_lines": [ 27019.799479, 26275.411932, 26062.474489, 26334.654024 ] }, { "date": "2025-02-21", "close": 26593.0, "volume": 5, "typical_volume": 53.2, "trend": 26611.434505, "fair_value": 25604.796287, "relative_strength": 3.49282, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.748303, "energy": 53.965588, "activity_lines": [ 27029.523438, 26411.700994, 26082.907096, 26333.460379 ] }, { "date": "2025-02-28", "close": 26593.0, "volume": 0, "typical_volume": 45.0, "trend": 26553.701172, "fair_value": 25577.656864, "relative_strength": 5.678761, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.013236, "energy": 66.479419, "activity_lines": [ 26931.714063, 26525.480256, 26116.744466, 26332.271056 ] }, { "date": "2025-03-07", "close": 25622.109375, "volume": 16, "typical_volume": 45.55, "trend": 26543.771484, "fair_value": 25544.293783, "relative_strength": 0.364943, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -37.003849, "energy": 21.037509, "activity_lines": [ 26402.741146, 26439.588494, 26064.703916, 26272.168359 ] }, { "date": "2025-03-14", "close": 25622.109375, "volume": 0, "typical_volume": 44.4, "trend": 26533.841797, "fair_value": 25510.930702, "relative_strength": 0.667019, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -52.471823, "energy": 41.048158, "activity_lines": [ 26030.932292, 26342.022017, 26024.272368, 26212.706288 ] }, { "date": "2025-03-21", "close": 24904.0, "volume": 56, "typical_volume": 43.1, "trend": 26499.97513, "fair_value": 25472.964356, "relative_strength": -2.82021, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.956003, "energy": 56.820191, "activity_lines": [ 25576.917708, 26102.215483, 25918.180934, 26107.555204 ] }, { "date": "2025-03-28", "close": 24500.0, "volume": 24, "typical_volume": 37.25, "trend": 26379.47513, "fair_value": 25432.408266, "relative_strength": -5.577341, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.434779, "energy": 65.729375, "activity_lines": [ 25121.303125, 25790.336222, 25785.25426, 25978.524551 ] }, { "date": "2025-04-04", "close": 21295.0, "volume": 30, "typical_volume": 38.75, "trend": 26155.97513, "fair_value": 25371.307304, "relative_strength": -15.289311, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -97.605291, "energy": 98.552466, "activity_lines": [ 23736.888542, 24904.45696, 25363.412872, 25650.493897 ] }, { "date": "2025-04-11", "close": 21190.0, "volume": 51, "typical_volume": 36.05, "trend": 25951.409766, "fair_value": 25309.533266, "relative_strength": -15.843402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.24113, "energy": 98.442606, "activity_lines": [ 22670.673958, 24066.48679, 24963.156771, 25330.108405 ] }, { "date": "2025-04-18", "close": 21865.25, "volume": 36, "typical_volume": 37.85, "trend": 25769.352734, "fair_value": 25252.087753, "relative_strength": -15.698298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.616137, "energy": 91.623775, "activity_lines": [ 22125.016667, 23474.73608, 24642.818527, 25066.485194 ] }, { "date": "2025-04-25", "close": 19654.0, "volume": 67, "typical_volume": 26.6, "trend": 25513.58737, "fair_value": 25180.467561, "relative_strength": -29.143223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.067431, "energy": 97.307577, "activity_lines": [ 21092.733333, 22592.109375, 24124.277902, 24671.946308 ] }, { "date": "2025-05-02", "close": 19654.0, "volume": 0, "typical_volume": 26.6, "trend": 25188.454036, "fair_value": 25108.847368, "relative_strength": -27.932753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.644432, "energy": 95.569422, "activity_lines": [ 20410.45, 21841.228125, 23632.88471, 24293.908413 ] }, { "date": "2025-05-09", "close": 19654.0, "volume": 0, "typical_volume": 26.25, "trend": 24911.039063, "fair_value": 25037.227176, "relative_strength": -28.658111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.164621, "energy": 92.69966, "activity_lines": [ 20051.233333, 21216.510511, 23168.638951, 23936.846862 ] }, { "date": "2025-05-16", "close": 22728.0, "volume": 5, "typical_volume": 26.0, "trend": 24733.305729, "fair_value": 24985.312112, "relative_strength": -19.403555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.992855, "energy": 67.569469, "activity_lines": [ 20826.083333, 21276.865625, 23024.136049, 23796.005633 ] }, { "date": "2025-05-23", "close": 22728.0, "volume": 0, "typical_volume": 26.0, "trend": 24617.715039, "fair_value": 24933.397048, "relative_strength": -19.765884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.622251, "energy": 56.477881, "activity_lines": [ 21498.4, 21389.840909, 22890.356957, 23666.631069 ] }, { "date": "2025-05-30", "close": 22728.0, "volume": 0, "typical_volume": 26.0, "trend": 24463.695052, "fair_value": 24881.481984, "relative_strength": -18.821102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.72519, "energy": 34.163101, "activity_lines": [ 22113.2, 21555.436364, 22767.301674, 23544.71397 ] }, { "date": "2025-06-06", "close": 22728.0, "volume": 0, "typical_volume": 26.0, "trend": 24290.364714, "fair_value": 24829.56692, "relative_strength": -18.877649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.697129, "energy": 41.575217, "activity_lines": [ 22523.066667, 21760.595455, 22654.970201, 23432.733644 ] }, { "date": "2025-06-13", "close": 22728.0, "volume": 0, "typical_volume": 26.0, "trend": 24117.034375, "fair_value": 24777.651856, "relative_strength": -17.600575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.63173, "energy": 35.606446, "activity_lines": [ 22728.0, 21997.972727, 22553.362537, 23331.935921 ] }, { "date": "2025-06-20", "close": 21785.0, "volume": 43, "typical_volume": 24.8, "trend": 24027.609375, "fair_value": 24719.69192, "relative_strength": -18.953109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.23683, "energy": 29.147147, "activity_lines": [ 22413.666667, 22037.840909, 22372.669159, 23181.48209 ] }, { "date": "2025-06-27", "close": 22140.0, "volume": 794, "typical_volume": 64.5, "trend": 23950.017708, "fair_value": 24664.007625, "relative_strength": -18.91494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.704236, "energy": 23.087961, "activity_lines": [ 22280.533333, 22131.436364, 22255.283259, 23059.70084 ] }, { "date": "2025-07-04", "close": 22423.689453, "volume": 163, "typical_volume": 64.5, "trend": 23852.308659, "fair_value": 24610.141852, "relative_strength": -18.399466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.878077, "energy": 25.218873, "activity_lines": [ 22281.163151, 22271.616264, 22192.722879, 22961.228049 ] }, { "date": "2025-07-11", "close": 22765.0, "volume": 166, "typical_volume": 72.55, "trend": 23765.976628, "fair_value": 24558.463967, "relative_strength": -15.02805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.727597, "energy": 28.07505, "activity_lines": [ 22415.850521, 22423.494638, 22183.984031, 22891.079104 ] }, { "date": "2025-07-18", "close": 22765.0, "volume": 0, "typical_volume": 72.55, "trend": 23680.809961, "fair_value": 24506.786083, "relative_strength": -14.412664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.249019, "energy": 15.725476, "activity_lines": [ 22548.071224, 22518.809375, 22193.473754, 22826.499966 ] }, { "date": "2025-07-25", "close": 22765.0, "volume": 0, "typical_volume": 71.75, "trend": 23606.976628, "fair_value": 24455.108198, "relative_strength": -15.614719, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.674792, "energy": 33.210164, "activity_lines": [ 22677.82526, 22557.560476, 22221.192048, 22767.415453 ] }, { "date": "2025-08-01", "close": 23855.339844, "volume": 17, "typical_volume": 72.6, "trend": 23569.487956, "fair_value": 24410.419672, "relative_strength": -10.465797, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 25.660672, "energy": 51.39495, "activity_lines": [ 23105.692578, 22793.882457, 22366.357515, 22783.438886 ] }, { "date": "2025-08-08", "close": 22960.880859, "volume": 115, "typical_volume": 75.55, "trend": 23502.183984, "fair_value": 24359.997434, "relative_strength": -15.234956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.295591, "energy": 30.719311, "activity_lines": [ 23121.050911, 22847.078445, 22434.7496, 22744.173912 ] }, { "date": "2025-08-15", "close": 24539.0, "volume": 5, "typical_volume": 74.6, "trend": 23487.483984, "fair_value": 24319.691344, "relative_strength": -9.579747, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.696063, "energy": 77.81549, "activity_lines": [ 23626.636198, 23182.970987, 22662.691695, 22811.065268 ] }, { "date": "2025-08-22", "close": 24858.720703, "volume": 70, "typical_volume": 76.6, "trend": 23483.441341, "fair_value": 24281.434746, "relative_strength": -9.558992, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.001413, "energy": 85.795593, "activity_lines": [ 24120.528385, 23544.067294, 22920.897666, 22899.532153 ] }, { "date": "2025-08-29", "close": 24858.720703, "volume": 0, "typical_volume": 74.05, "trend": 23379.413021, "fair_value": 24243.178148, "relative_strength": -8.353319, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.141685, "energy": 83.776452, "activity_lines": [ 24474.839193, 23866.423224, 23162.133538, 22988.259854 ] }, { "date": "2025-09-05", "close": 24858.720703, "volume": 0, "typical_volume": 72.25, "trend": 23275.3847, "fair_value": 24204.92155, "relative_strength": -10.526238, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.289593, "energy": 81.886855, "activity_lines": [ 24689.56862, 24132.893324, 23385.899312, 23083.699059 ] }, { "date": "2025-09-12", "close": 23550.0, "volume": 101, "typical_volume": 73.95, "trend": 23163.718034, "fair_value": 24158.275716, "relative_strength": -16.542032, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.451255, "energy": 59.667757, "activity_lines": [ 24401.165755, 24111.982919, 23470.770396, 23101.416175 ] }, { "date": "2025-09-19", "close": 23550.0, "volume": 0, "typical_volume": 73.95, "trend": 23062.284701, "fair_value": 24111.629883, "relative_strength": -15.23009, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.060122, "energy": 52.770216, "activity_lines": [ 24073.488281, 24070.594141, 23537.0891, 23126.337592 ] }, { "date": "2025-09-26", "close": 23550.0, "volume": 0, "typical_volume": 73.95, "trend": 22960.851367, "fair_value": 24064.98405, "relative_strength": -16.239828, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 44.256071, "energy": 32.842235, "activity_lines": [ 23811.744141, 24014.932635, 23584.855422, 23157.803096 ] }, { "date": "2025-10-03", "close": 22179.0, "volume": 9, "typical_volume": 74.15, "trend": 22846.081055, "fair_value": 24009.549755, "relative_strength": -20.019774, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -2.729617, "energy": 29.680122, "activity_lines": [ 23180.248047, 23695.725675, 23483.497935, 23107.361072 ] }, { "date": "2025-10-10", "close": 22179.0, "volume": 0, "typical_volume": 74.15, "trend": 22731.310742, "fair_value": 23954.11546, "relative_strength": -17.556081, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.391898, "energy": 45.147456, "activity_lines": [ 22727.4, 23387.17326, 23384.754734, 23064.323584 ] }, { "date": "2025-10-17", "close": 22179.0, "volume": 0, "typical_volume": 74.15, "trend": 22640.477409, "fair_value": 23898.681165, "relative_strength": -18.52547, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.468392, "energy": 51.929688, "activity_lines": [ 22453.2, 23109.099751, 23288.625818, 23028.690633 ] }, { "date": "2025-10-24", "close": 25469.0, "volume": 6, "typical_volume": 74.45, "trend": 22672.777409, "fair_value": 23864.336614, "relative_strength": -5.154416, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 40.804604, "energy": 27.829542, "activity_lines": [ 23367.066667, 23443.424077, 23508.444522, 23211.175962 ] }, { "date": "2025-10-31", "close": 25469.0, "volume": 0, "typical_volume": 74.45, "trend": 22811.910742, "fair_value": 23865.644056, "relative_strength": -7.060507, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.923609, "energy": 56.178828, "activity_lines": [ 24153.0, 23760.839311, 23715.210844, 23391.577419 ] }, { "date": "2025-11-07", "close": 25469.0, "volume": 0, "typical_volume": 72.3, "trend": 22954.544075, "fair_value": 23866.951497, "relative_strength": -7.39251, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.672954, "energy": 89.697898, "activity_lines": [ 24811.0, 24067.158558, 23908.924786, 23563.002533 ] }, { "date": "2025-11-14", "close": 26506.150391, "volume": 400, "typical_volume": 52.6, "trend": 23109.240755, "fair_value": 23874.907339, "relative_strength": -1.442103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.539312, "energy": 96.589972, "activity_lines": [ 25595.383464, 24550.954617, 24183.872098, 23792.138424 ] }, { "date": "2025-11-21", "close": 26506.150391, "volume": 0, "typical_volume": 44.45, "trend": 23337.645768, "fair_value": 23882.863181, "relative_strength": -0.471152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.065033, "energy": 94.371494, "activity_lines": [ 26091.290235, 25004.797408, 24438.028218, 24011.293884 ] }, { "date": "2025-11-28", "close": 27720.5, "volume": 10, "typical_volume": 36.65, "trend": 23606.529102, "fair_value": 23898.603315, "relative_strength": 1.525265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.96059, "energy": 98.488988, "activity_lines": [ 26703.503516, 25625.682848, 24788.396391, 24294.058674 ] }, { "date": "2025-12-05", "close": 27720.5, "volume": 0, "typical_volume": 36.65, "trend": 23875.412435, "fair_value": 23914.34345, "relative_strength": 2.133255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.510508, "energy": 95.899506, "activity_lines": [ 27165.616797, 26170.741016, 25115.166946, 24559.476151 ] }, { "date": "2025-12-12", "close": 25108.410156, "volume": 408, "typical_volume": 57.05, "trend": 23954.75944, "fair_value": 23913.339418, "relative_strength": -8.975635, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.016326, "energy": 67.714976, "activity_lines": [ 26606.933464, 26165.046484, 25169.56942, 24639.024391 ] }, { "date": "2025-12-19", "close": 25108.410156, "volume": 0, "typical_volume": 56.2, "trend": 24034.106445, "fair_value": 23912.335387, "relative_strength": -7.422099, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.445663, "energy": 56.622314, "activity_lines": [ 26072.289453, 26106.08995, 25212.812798, 24713.453469 ] }, { "date": "2025-12-26", "close": 25108.410156, "volume": 0, "typical_volume": 50.45, "trend": 24113.45345, "fair_value": 23911.331355, "relative_strength": -9.265352, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.789494, "energy": 33.316459, "activity_lines": [ 25630.828125, 25993.871413, 25250.089174, 24782.763386 ] }, { "date": "2026-01-02", "close": 25108.410156, "volume": 0, "typical_volume": 50.2, "trend": 24192.800456, "fair_value": 23910.327324, "relative_strength": -6.644691, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.100005, "energy": 43.181656, "activity_lines": [ 25282.549479, 25828.390873, 25277.139221, 24846.954141 ] }, { "date": "2026-01-09", "close": 26572.400391, "volume": 8, "typical_volume": 47.1, "trend": 24320.947135, "fair_value": 23918.707845, "relative_strength": -3.626421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.670988, "energy": 37.250783, "activity_lines": [ 25596.406901, 25935.646555, 25440.905432, 25000.476718 ] }, { "date": "2026-01-16", "close": 26572.400391, "volume": 0, "typical_volume": 47.1, "trend": 24480.527148, "fair_value": 23927.088366, "relative_strength": -4.716028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.793261, "energy": 38.725224, "activity_lines": [ 25986.804297, 26022.840412, 25596.511263, 25145.731767 ] }, { "date": "2026-01-23", "close": 26572.400391, "volume": 0, "typical_volume": 47.1, "trend": 24628.273828, "fair_value": 23935.468888, "relative_strength": -5.766671, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.877832, "energy": 79.909704, "activity_lines": [ 26279.602344, 26089.972443, 25743.956715, 25280.691331 ] }, { "date": "2026-01-30", "close": 26572.400391, "volume": 0, "typical_volume": 42.05, "trend": 24766.564193, "fair_value": 23943.849409, "relative_strength": -4.252997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.867404, "energy": 85.936651, "activity_lines": [ 26474.801042, 26155.899929, 25883.241788, 25406.118851 ] }, { "date": "2026-02-06", "close": 24196.800781, "volume": 11, "typical_volume": 42.6, "trend": 24814.290885, "fair_value": 23937.001728, "relative_strength": -16.026505, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 13.608263, "energy": 18.837808, "activity_lines": [ 25780.533854, 25788.695668, 25781.886896, 25369.359921 ] }, { "date": "2026-02-13", "close": 23000.0, "volume": 400, "typical_volume": 62.6, "trend": 24822.124219, "fair_value": 23905.591471, "relative_strength": -20.26538, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -43.661617, "energy": 43.131275, "activity_lines": [ 24748.107031, 25267.958523, 25563.470973, 25252.308896 ] }, { "date": "2026-02-20", "close": 23000.0, "volume": 0, "typical_volume": 62.15, "trend": 24829.957552, "fair_value": 23881.396284, "relative_strength": -19.555428, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.646452, "energy": 58.787939, "activity_lines": [ 23953.840234, 24833.048651, 25347.674098, 25134.752495 ] }, { "date": "2026-02-27", "close": 23000.0, "volume": 0, "typical_volume": 62.15, "trend": 24801.446224, "fair_value": 23856.857823, "relative_strength": -18.794556, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.296747, "energy": 77.843876, "activity_lines": [ 23397.733464, 24436.473509, 25127.967699, 25016.690717 ] }, { "date": "2026-03-06", "close": 23000.0, "volume": 0, "typical_volume": 62.15, "trend": 24802.750195, "fair_value": 23832.319361, "relative_strength": -13.25541, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.438145, "energy": 76.915382, "activity_lines": [ 23079.786719, 24078.233097, 24904.351776, 24900.46838 ] }, { "date": "2026-03-13", "close": 20935.150391, "volume": 19, "typical_volume": 62.8, "trend": 24682.621875, "fair_value": 23794.544684, "relative_strength": -18.366256, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -98.920253, "energy": 99.554655, "activity_lines": [ 22311.716797, 23382.900213, 24480.173986, 24650.945812 ] }, { "date": "2026-03-20", "close": 20935.150391, "volume": 0, "typical_volume": 62.8, "trend": 24551.836198, "fair_value": 23754.577699, "relative_strength": -15.83262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.088538, "energy": 98.229653, "activity_lines": [ 21761.090235, 22763.44478, 24077.585956, 24409.173459 ] }, { "date": "2026-03-27", "close": 20935.150391, "volume": 0, "typical_volume": 62.8, "trend": 24421.050521, "fair_value": 23714.610715, "relative_strength": -18.458534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.21615, "energy": 95.134087, "activity_lines": [ 21348.120313, 22246.484801, 23696.587686, 24175.83889 ] }, { "date": "2026-04-03", "close": 20935.150391, "volume": 0, "typical_volume": 42.8, "trend": 24290.264844, "fair_value": 23674.64373, "relative_strength": -21.542247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.962515, "energy": 91.553863, "activity_lines": [ 21072.807032, 21832.020277, 23337.179176, 23950.942108 ] }, { "date": "2026-04-10", "close": 20935.150391, "volume": 0, "typical_volume": 42.8, "trend": 24203.10319, "fair_value": 23630.862643, "relative_strength": -21.458489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.656012, "energy": 89.002758, "activity_lines": [ 20935.150391, 21520.051208, 23004.299238, 23734.483111 ] }, { "date": "2026-04-17", "close": 22892.0, "volume": 47, "typical_volume": 44.65, "trend": 24181.169857, "fair_value": 23592.990848, "relative_strength": -13.50468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.479169, "energy": 66.530931, "activity_lines": [ 21587.433594, 21666.368431, 22884.3145, 23649.895808 ] }, { "date": "2026-04-24", "close": 22892.0, "volume": 0, "typical_volume": 44.65, "trend": 24159.236524, "fair_value": 23568.44848, "relative_strength": -12.690639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.3226, "energy": 51.424887, "activity_lines": [ 22109.260156, 21836.409304, 22787.322619, 23566.723559 ] }, { "date": "2026-05-01", "close": 22000.0, "volume": 8, "typical_volume": 24.65, "trend": 24153.269857, "fair_value": 23538.188164, "relative_strength": -14.274002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.632621, "energy": 36.285763, "activity_lines": [ 22203.296745, 21846.231996, 22628.371215, 23427.417977 ] }, { "date": "2026-05-08", "close": 22000.0, "volume": 0, "typical_volume": 24.65, "trend": 24147.30319, "fair_value": 23525.633614, "relative_strength": -16.586984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.155431, "energy": 43.171482, "activity_lines": [ 22226.343359, 21874.236506, 22484.221764, 23288.497341 ] }, { "date": "2026-05-15", "close": 18000.0, "volume": 22, "typical_volume": 25.75, "trend": 24008.00319, "fair_value": 23487.438038, "relative_strength": -29.409261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.544331, "energy": 73.675121, "activity_lines": [ 20845.066667, 21193.150107, 21973.921884, 22891.897136 ] }, { "date": "2026-05-22", "close": 18000.0, "volume": 0, "typical_volume": 25.75, "trend": 23759.036524, "fair_value": 23450.899577, "relative_strength": -29.322584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.505635, "energy": 97.396666, "activity_lines": [ 19659.466667, 20602.972798, 21497.471578, 22504.284026 ] }, { "date": "2026-05-29", "close": 20358.699219, "volume": 104, "typical_volume": 30.55, "trend": 23588.693164, "fair_value": 23430.823868, "relative_strength": -19.960535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.309183, "energy": 85.763607, "activity_lines": [ 19586.233073, 20495.016264, 21279.508864, 22284.907426 ] }, { "date": "2026-06-05", "close": 20358.699219, "volume": 0, "typical_volume": 30.55, "trend": 23418.349805, "fair_value": 23410.74816, "relative_strength": -16.638565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.225586, "energy": 67.061034, "activity_lines": [ 19681.886198, 20397.540661, 21091.135203, 22076.52072 ] }, { "date": "2026-06-12", "close": 20358.699219, "volume": 0, "typical_volume": 30.55, "trend": 23213.434766, "fair_value": 23390.672451, "relative_strength": -18.45468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.716203, "energy": 65.742886, "activity_lines": [ 19886.959375, 20310.545987, 20932.350595, 21879.123908 ] }, { "date": "2026-06-19", "close": 20358.699219, "volume": 0, "typical_volume": 30.55, "trend": 23008.519727, "fair_value": 23370.596742, "relative_strength": -17.782338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.435285, "energy": 52.816689, "activity_lines": [ 20201.452604, 20234.032244, 20803.155041, 21694.947421 ] }, { "date": "2026-06-26", "close": 20358.699219, "volume": 0, "typical_volume": 30.0, "trend": 22763.126367, "fair_value": 23350.521034, "relative_strength": -16.833416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.729172, "energy": 42.765057, "activity_lines": [ 20358.699219, 20167.999432, 20703.54854, 21523.991259 ] }, { "date": "2026-07-03", "close": 20358.699219, "volume": 0, "typical_volume": 10.0, "trend": 22517.733008, "fair_value": 23330.445325, "relative_strength": -16.260303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.214917, "energy": 38.771343, "activity_lines": [ 20358.699219, 20148.026634, 20622.218713, 21368.866927 ] }, { "date": "2026-07-10", "close": 20358.699219, "volume": 0, "typical_volume": 10.0, "trend": 22359.40931, "fair_value": 23310.369616, "relative_strength": -15.116899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.129615, "energy": 35.708207, "activity_lines": [ 20358.699219, 20174.11385, 20553.466509, 21229.574425 ] }, { "date": "2026-07-17", "close": 20358.699219, "volume": 0, "typical_volume": 10.0, "trend": 22201.085612, "fair_value": 23290.293908, "relative_strength": -14.843304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.445772, "energy": 39.286969, "activity_lines": [ 20358.699219, 20230.042898, 20497.291927, 21100.496354 ] }, { "date": "2026-07-24", "close": 20358.699219, "volume": 0, "typical_volume": 10.0, "trend": 22042.761914, "fair_value": 23270.218199, "relative_strength": -14.104931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.245428, "energy": 33.941795, "activity_lines": [ 20358.699219, 20315.813779, 20453.694969, 20981.632716 ] }, { "date": "2026-07-31", "close": 23125.0, "volume": 5, "typical_volume": 9.3, "trend": 21976.648242, "fair_value": 23267.875188, "relative_strength": -2.854771, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 24.298156, "energy": 29.903719, "activity_lines": [ 21280.799479, 20861.662997, 20686.13285, 21051.454528 ] }, { "date": "2026-08-07", "close": 23125.0, "volume": 0, "typical_volume": 9.3, "trend": 21861.734896, "fair_value": 23265.532177, "relative_strength": -2.59415, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.946131, "energy": 58.12914, "activity_lines": [ 22018.479688, 21314.330398, 20908.142876, 21125.541738 ] } ], "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." } } }