{ "ticker": { "uuid": "503d9a48-40bf-48ca-af49-d6d5697ae5cb", "symbol": "M1KC34", "name": "McCormick & Company, Incorporated", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 93.347, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 8.504, "architecture_energy": 43.099, "architecture_maturity": 100.0, "architecture_confidence": 39.159, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 50.08, "rotation_up": 53.26, "upward_expansion": 43.66, "deceleration": 44.48, "rotation_down": 16.67, "downward_expansion": 52.0 }, "activity_lines": [ 65.801333, 64.167017, 62.75343, 65.151299 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 66.0, "trend_reference": 69.947286, "distance_from_trend": -0.056432, "trend_direction": "Weakening", "fair_value": 90.662826, "distance_from_fair_value": -0.272028, "fair_value_direction": "Improving", "relative_strength": -20.18047, "relative_strength_direction": "Improving", "price_momentum": -0.235763, "excess_performance": -0.178715, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.056432, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.112837, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.272028, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.095578, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.201805, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.236876, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.235763, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.54623, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.54623, "dry_up": 0.637415, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.022566, "annualized_volatility": 0.389239, "from_high_reference": -0.355331, "from_low_reference": 0.136755 }, "levels": { "trend_reference": 69.947286, "fair_value_reference": 90.662826, "structural_low": 58.060001, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": -0.002, "positive_rate": 0.371429, "directional_follow_through": 0.542857, "median_excess_return": 0.003003, "regime_survival": 0.857143, "best_return": 0.196113, "worst_return": -0.22075, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.015258, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.002454, "regime_survival": 0.666667, "best_return": 0.224441, "worst_return": -0.311625, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.075425, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.013526, "regime_survival": 0.333333, "best_return": 0.214803, "worst_return": -0.339887, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.011109, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.002456, "regime_survival": 0.5, "best_return": 0.229513, "worst_return": -0.44352, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-12", "end": "2024-05-24", "tenure": "Developing", "return": -0.008499, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-31", "end": "2024-07-05", "tenure": "Developing", "return": 0.09387, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-09-13", "tenure": "Developing", "return": 0.059071, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-20", "end": "2024-10-11", "tenure": "New", "return": 0.040583, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-10", "tenure": "Established", "return": -0.03469, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.025722, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": 0.058761, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": 0.02664, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-12-19", "tenure": "Extended", "return": -0.141904, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": -0.051346, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-02-20", "tenure": "Developing", "return": 0.120634, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.083825, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": -0.051146, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 102.62706, "volume": 0, "typical_volume": 91.7, "trend": 98.267355, "fair_value": 106.660007, "relative_strength": 0.131689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.50021, "energy": 50.695224, "activity_lines": [ 102.247102, 101.52984, 101.952698, 100.786222 ] }, { "date": "2023-08-25", "close": 95.307442, "volume": 9, "typical_volume": 86.6, "trend": 98.496707, "fair_value": 106.445481, "relative_strength": -7.157786, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -17.702547, "energy": 13.4054, "activity_lines": [ 100.110942, 100.366207, 101.297627, 100.59526 ] }, { "date": "2023-09-01", "close": 95.307442, "volume": 0, "typical_volume": 86.6, "trend": 98.726058, "fair_value": 106.230955, "relative_strength": -8.588077, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -47.66238, "energy": 57.152561, "activity_lines": [ 98.235289, 99.359865, 100.679276, 100.389501 ] }, { "date": "2023-09-08", "close": 95.307442, "volume": 0, "typical_volume": 51.3, "trend": 98.896522, "fair_value": 106.016429, "relative_strength": -6.409427, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.237187, "energy": 81.096923, "activity_lines": [ 96.771366, 98.510815, 100.097647, 100.168945 ] }, { "date": "2023-09-15", "close": 95.307442, "volume": 0, "typical_volume": 51.3, "trend": 99.066986, "fair_value": 105.801903, "relative_strength": -8.897837, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.819368, "energy": 80.332632, "activity_lines": [ 95.795417, 97.819056, 99.547903, 99.937391 ] }, { "date": "2023-09-22", "close": 91.97168, "volume": 1, "typical_volume": 51.35, "trend": 99.06233, "fair_value": 105.565994, "relative_strength": -9.941717, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.792173, "energy": 86.434352, "activity_lines": [ 94.195521, 96.593574, 98.712353, 99.479629 ] }, { "date": "2023-09-29", "close": 89.465096, "volume": 111, "typical_volume": 56.9, "trend": 99.078042, "fair_value": 105.311518, "relative_strength": -12.682168, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.883224, "energy": 97.61316, "activity_lines": [ 92.470457, 95.009391, 97.685852, 98.860453 ] }, { "date": "2023-10-06", "close": 83.529076, "volume": 78, "typical_volume": 60.8, "trend": 98.930212, "fair_value": 105.018991, "relative_strength": -16.724807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.938599, "energy": 99.40181, "activity_lines": [ 89.156209, 92.523203, 96.153721, 97.857294 ] }, { "date": "2023-10-13", "close": 73.482628, "volume": 237, "typical_volume": 61.25, "trend": 98.396484, "fair_value": 104.662064, "relative_strength": -27.418869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -99.782602, "energy": 99.867718, "activity_lines": [ 83.278369, 88.53683, 93.75276, 96.215514 ] }, { "date": "2023-10-20", "close": 71.760376, "volume": 59, "typical_volume": 57.65, "trend": 97.805348, "fair_value": 104.294097, "relative_strength": -27.312674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.537351, "energy": 99.477792, "activity_lines": [ 78.281433, 84.767219, 91.328378, 94.497056 ] }, { "date": "2023-10-27", "close": 74.55426, "volume": 326, "typical_volume": 73.95, "trend": 96.990227, "fair_value": 103.985451, "relative_strength": -24.374185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.92781, "energy": 92.969308, "activity_lines": [ 75.785596, 82.066799, 89.32259, 92.996986 ] }, { "date": "2023-11-03", "close": 76.534836, "volume": 3646, "typical_volume": 252.4, "trend": 96.107425, "fair_value": 103.689501, "relative_strength": -25.376469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.65995, "energy": 88.975613, "activity_lines": [ 75.111112, 80.236898, 87.644636, 91.677283 ] }, { "date": "2023-11-10", "close": 76.161674, "volume": 3, "typical_volume": 252.55, "trend": 95.212184, "fair_value": 103.391159, "relative_strength": -26.799087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.288718, "energy": 80.862383, "activity_lines": [ 75.174258, 78.68047, 86.061731, 90.39046 ] }, { "date": "2023-11-17", "close": 76.161674, "volume": 0, "typical_volume": 252.55, "trend": 94.350792, "fair_value": 103.092816, "relative_strength": -28.853925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.705142, "energy": 67.391134, "activity_lines": [ 75.728565, 77.472147, 84.611192, 89.161395 ] }, { "date": "2023-11-24", "close": 76.381752, "volume": 1524, "typical_volume": 325.75, "trend": 93.496735, "fair_value": 102.85825, "relative_strength": -28.318764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.183851, "energy": 66.462542, "activity_lines": [ 76.177627, 76.651943, 83.313978, 88.002102 ] }, { "date": "2023-12-01", "close": 76.381752, "volume": 0, "typical_volume": 316.1, "trend": 92.642679, "fair_value": 102.648455, "relative_strength": -29.220269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.380937, "energy": 61.710354, "activity_lines": [ 76.318598, 76.175843, 82.125948, 86.89791 ] }, { "date": "2023-12-08", "close": 79.462654, "volume": 4, "typical_volume": 315.05, "trend": 91.89132, "fair_value": 102.458409, "relative_strength": -25.201969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.104451, "energy": 56.60216, "activity_lines": [ 77.364704, 76.543359, 81.330991, 86.047586 ] }, { "date": "2023-12-15", "close": 81.634598, "volume": 6, "typical_volume": 309.2, "trend": 91.212358, "fair_value": 102.282286, "relative_strength": -24.290327, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.647159, "energy": 46.433122, "activity_lines": [ 78.939603, 77.487638, 80.836944, 85.385862 ] }, { "date": "2023-12-22", "close": 78.69722, "volume": 1, "typical_volume": 300.25, "trend": 90.401951, "fair_value": 102.087334, "relative_strength": -27.866631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.91583, "energy": 40.912141, "activity_lines": [ 79.170514, 77.932292, 80.157665, 84.578433 ] }, { "date": "2023-12-29", "close": 79.0429, "volume": 0, "typical_volume": 300.25, "trend": 89.577127, "fair_value": 101.891881, "relative_strength": -27.755666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.734483, "energy": 32.522231, "activity_lines": [ 79.347616, 78.344987, 79.625259, 83.845591 ] }, { "date": "2024-01-05", "close": 81.012962, "volume": 54, "typical_volume": 302.95, "trend": 88.817972, "fair_value": 101.678279, "relative_strength": -24.094193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.182289, "energy": 30.482003, "activity_lines": [ 80.003995, 78.983465, 79.392784, 83.293065 ] }, { "date": "2024-01-12", "close": 77.572548, "volume": 75, "typical_volume": 306.25, "trend": 87.938441, "fair_value": 101.442624, "relative_strength": -26.220625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.710253, "energy": 51.61605, "activity_lines": [ 79.204822, 78.878982, 78.935575, 82.567553 ] }, { "date": "2024-01-19", "close": 77.572548, "volume": 0, "typical_volume": 306.25, "trend": 87.05891, "fair_value": 101.206969, "relative_strength": -23.85276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.706654, "energy": 58.128793, "activity_lines": [ 78.531656, 78.755632, 78.562818, 81.898786 ] }, { "date": "2024-01-26", "close": 77.572548, "volume": 0, "typical_volume": 306.25, "trend": 86.17938, "fair_value": 100.971313, "relative_strength": -24.302106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.635212, "energy": 74.975303, "activity_lines": [ 78.129293, 78.60663, 78.274512, 81.286763 ] }, { "date": "2024-02-02", "close": 77.572548, "volume": 0, "typical_volume": 306.25, "trend": 85.454787, "fair_value": 100.735658, "relative_strength": -22.856692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.907412, "energy": 82.95993, "activity_lines": [ 77.801909, 78.431975, 78.070659, 80.731483 ] }, { "date": "2024-02-09", "close": 77.572548, "volume": 0, "typical_volume": 306.2, "trend": 84.796908, "fair_value": 100.516444, "relative_strength": -22.937795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.477403, "energy": 73.405302, "activity_lines": [ 77.572548, 78.23567, 77.951257, 80.222952 ] }, { "date": "2024-02-16", "close": 77.572548, "volume": 4, "typical_volume": 300.85, "trend": 84.075492, "fair_value": 100.33497, "relative_strength": -22.937379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.992701, "energy": 56.926715, "activity_lines": [ 77.572548, 78.017714, 77.900422, 79.756864 ] }, { "date": "2024-02-23", "close": 80.032738, "volume": 1, "typical_volume": 297.0, "trend": 83.36047, "fair_value": 100.169267, "relative_strength": -20.426709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.449477, "energy": 28.119508, "activity_lines": [ 78.392611, 78.28143, 78.140523, 79.496041 ] }, { "date": "2024-03-01", "close": 80.494019, "volume": 110, "typical_volume": 290.65, "trend": 82.622702, "fair_value": 100.006521, "relative_strength": -19.353633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.944274, "energy": 10.153751, "activity_lines": [ 79.202422, 78.658141, 78.441204, 79.311109 ] }, { "date": "2024-03-08", "close": 80.494019, "volume": 0, "typical_volume": 287.7, "trend": 81.884934, "fair_value": 99.814518, "relative_strength": -17.573099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.365915, "energy": 29.671958, "activity_lines": [ 79.817469, 79.002182, 78.708498, 79.173774 ] }, { "date": "2024-03-15", "close": 80.494019, "volume": 0, "typical_volume": 271.4, "trend": 81.147166, "fair_value": 99.622516, "relative_strength": -16.854694, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 16.577706, "energy": 41.592109, "activity_lines": [ 80.23775, 79.31984, 78.934203, 79.084038 ] }, { "date": "2024-03-22", "close": 80.494019, "volume": 0, "typical_volume": 89.1, "trend": 80.653386, "fair_value": 99.430514, "relative_strength": -16.469497, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 23.617181, "energy": 70.855836, "activity_lines": [ 80.463267, 79.646933, 79.131623, 79.041899 ] }, { "date": "2024-03-29", "close": 90.911346, "volume": 122, "typical_volume": 95.05, "trend": 80.506849, "fair_value": 99.30529, "relative_strength": -5.828028, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 72.335614, "energy": 89.445893, "activity_lines": [ 83.966461, 81.814967, 80.302317, 79.703703 ] }, { "date": "2024-04-05", "close": 95.688438, "volume": 8, "typical_volume": 95.45, "trend": 80.519549, "fair_value": 99.207971, "relative_strength": 0.832604, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 99.892733, "energy": 99.893251, "activity_lines": [ 88.336779, 84.609041, 81.857735, 80.68316 ] }, { "date": "2024-04-12", "close": 91.945419, "volume": 4, "typical_volume": 19.45, "trend": 80.407481, "fair_value": 99.086658, "relative_strength": -1.855086, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.516528, "energy": 95.612526, "activity_lines": [ 90.446463, 86.393185, 82.96369, 81.420313 ] }, { "date": "2024-04-19", "close": 91.945419, "volume": 0, "typical_volume": 19.45, "trend": 80.406606, "fair_value": 98.965346, "relative_strength": -0.587009, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.037194, "energy": 90.20808, "activity_lines": [ 91.79272, 87.916005, 83.995533, 82.164696 ] }, { "date": "2024-04-26", "close": 91.945419, "volume": 0, "typical_volume": 19.25, "trend": 80.489283, "fair_value": 98.844033, "relative_strength": -1.044822, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.656259, "energy": 89.010227, "activity_lines": [ 92.37555, 89.177499, 84.953263, 82.909136 ] }, { "date": "2024-05-03", "close": 91.945419, "volume": 0, "typical_volume": 18.95, "trend": 80.769828, "fair_value": 98.722721, "relative_strength": -1.917809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.231291, "energy": 79.582658, "activity_lines": [ 92.194954, 90.177669, 85.851551, 83.648242 ] }, { "date": "2024-05-10", "close": 91.945419, "volume": 0, "typical_volume": 18.9, "trend": 81.385255, "fair_value": 98.601408, "relative_strength": -0.643204, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.662658, "energy": 67.291583, "activity_lines": [ 91.945419, 90.961245, 86.700741, 84.369247 ] }, { "date": "2024-05-17", "close": 91.945419, "volume": 0, "typical_volume": 18.9, "trend": 82.058089, "fair_value": 98.480095, "relative_strength": -0.533436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.87845, "energy": 65.73887, "activity_lines": [ 91.945419, 91.536613, 87.486843, 85.050548 ] }, { "date": "2024-05-24", "close": 91.163994, "volume": 3, "typical_volume": 16.35, "trend": 82.611747, "fair_value": 98.353774, "relative_strength": 2.204212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.949896, "energy": 60.685259, "activity_lines": [ 91.684944, 91.761696, 88.137084, 85.638026 ] }, { "date": "2024-05-31", "close": 88.298851, "volume": 4, "typical_volume": 12.8, "trend": 83.003881, "fair_value": 98.209086, "relative_strength": 1.322352, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.18248, "energy": 52.189039, "activity_lines": [ 90.521516, 91.271846, 88.466115, 86.004936 ] }, { "date": "2024-06-07", "close": 87.691093, "volume": 1, "typical_volume": 12.85, "trend": 83.388195, "fair_value": 98.060502, "relative_strength": 2.176679, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.827827, "energy": 37.846914, "activity_lines": [ 89.398607, 90.529587, 88.686188, 86.307337 ] }, { "date": "2024-06-14", "close": 87.691093, "volume": 0, "typical_volume": 12.85, "trend": 83.772509, "fair_value": 97.979758, "relative_strength": 3.519564, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.699861, "energy": 35.131237, "activity_lines": [ 88.55932, 89.845879, 88.858076, 86.584943 ] }, { "date": "2024-06-21", "close": 87.691093, "volume": 0, "typical_volume": 12.85, "trend": 84.149487, "fair_value": 97.899014, "relative_strength": 2.507889, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.67089, "energy": 35.009014, "activity_lines": [ 88.003654, 89.307577, 88.981781, 86.837755 ] }, { "date": "2024-06-28", "close": 87.691093, "volume": 0, "typical_volume": 12.85, "trend": 84.526465, "fair_value": 97.811163, "relative_strength": 0.860009, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.495867, "energy": 41.446401, "activity_lines": [ 87.73161, 88.846626, 89.057303, 87.066246 ] }, { "date": "2024-07-05", "close": 96.587502, "volume": 6, "typical_volume": 12.95, "trend": 85.097293, "fair_value": 97.777751, "relative_strength": 9.226524, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 87.973003, "energy": 66.545328, "activity_lines": [ 90.656563, 90.080556, 89.931918, 87.844377 ] }, { "date": "2024-07-12", "close": 96.587502, "volume": 0, "typical_volume": 12.9, "trend": 85.595723, "fair_value": 97.749764, "relative_strength": 7.225589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.396652, "energy": 97.915077, "activity_lines": [ 93.028938, 91.230084, 90.715986, 88.585681 ] }, { "date": "2024-07-19", "close": 99.580734, "volume": 2, "typical_volume": 7.5, "trend": 86.291841, "fair_value": 97.740964, "relative_strength": 11.796561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.609213, "energy": 98.452086, "activity_lines": [ 95.805964, 92.839434, 91.706291, 89.48794 ] }, { "date": "2024-07-26", "close": 101.954002, "volume": 3, "typical_volume": 7.65, "trend": 87.055544, "fair_value": 97.747378, "relative_strength": 14.713536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.764793, "energy": 98.514428, "activity_lines": [ 98.581437, 94.741464, 92.831732, 90.498402 ] }, { "date": "2024-08-02", "close": 106.855537, "volume": 1, "typical_volume": 7.7, "trend": 87.916963, "fair_value": 97.78763, "relative_strength": 21.825889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.738853, "energy": 99.200585, "activity_lines": [ 102.039893, 97.352708, 94.321796, 91.775821 ] }, { "date": "2024-08-09", "close": 106.855537, "volume": 0, "typical_volume": 7.7, "trend": 88.893063, "fair_value": 97.827881, "relative_strength": 17.551159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.412781, "energy": 97.969798, "activity_lines": [ 104.220721, 99.678651, 95.686329, 92.997664 ] }, { "date": "2024-08-16", "close": 102.079918, "volume": 2, "typical_volume": 1.7, "trend": 89.709975, "fair_value": 97.83752, "relative_strength": 9.885362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.637043, "energy": 68.973348, "activity_lines": [ 104.125139, 100.798906, 96.470511, 93.848429 ] }, { "date": "2024-08-23", "close": 102.293045, "volume": 2, "typical_volume": 1.4, "trend": 90.533992, "fair_value": 97.848525, "relative_strength": 8.977743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.24664, "energy": 68.374889, "activity_lines": [ 103.734439, 101.696295, 97.221806, 94.66024 ] }, { "date": "2024-08-30", "close": 102.293045, "volume": 0, "typical_volume": 1.2, "trend": 91.358008, "fair_value": 97.85953, "relative_strength": 8.830635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.60259, "energy": 67.153344, "activity_lines": [ 103.162918, 102.328195, 97.94165, 95.418888 ] }, { "date": "2024-09-06", "close": 102.293045, "volume": 0, "typical_volume": 1.2, "trend": 92.182025, "fair_value": 97.870535, "relative_strength": 10.192237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.524096, "energy": 59.319318, "activity_lines": [ 102.568794, 102.694605, 98.612221, 96.124375 ] }, { "date": "2024-09-13", "close": 102.293045, "volume": 0, "typical_volume": 1.2, "trend": 93.006041, "fair_value": 97.88154, "relative_strength": 10.074449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.977696, "energy": 55.983485, "activity_lines": [ 102.278837, 102.795524, 99.233517, 96.776699 ] }, { "date": "2024-09-20", "close": 102.293045, "volume": 0, "typical_volume": 1.2, "trend": 93.748052, "fair_value": 97.892544, "relative_strength": 13.319116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.6934, "energy": 53.357916, "activity_lines": [ 102.293045, 102.792707, 99.805538, 97.37586 ] }, { "date": "2024-09-27", "close": 102.293045, "volume": 0, "typical_volume": 1.2, "trend": 94.474686, "fair_value": 97.903549, "relative_strength": 11.8877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.872016, "energy": 51.703016, "activity_lines": [ 102.293045, 102.686152, 100.328285, 97.92715 ] }, { "date": "2024-10-04", "close": 102.700104, "volume": 0, "typical_volume": 1.2, "trend": 95.214889, "fair_value": 97.912288, "relative_strength": 12.982173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.257611, "energy": 57.845265, "activity_lines": [ 102.428731, 102.604294, 100.840525, 98.457822 ] }, { "date": "2024-10-11", "close": 106.444382, "volume": 6, "typical_volume": 1.35, "trend": 96.079901, "fair_value": 97.954979, "relative_strength": 18.116728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 88.77411, "energy": 72.372922, "activity_lines": [ 103.785373, 103.189648, 101.658151, 99.182306 ] }, { "date": "2024-10-18", "close": 111.258446, "volume": 5, "typical_volume": 1.4, "trend": 97.105382, "fair_value": 98.02853, "relative_strength": 22.238529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.833111, "energy": 96.110585, "activity_lines": [ 106.469947, 104.657761, 102.861495, 100.161567 ] }, { "date": "2024-10-25", "close": 108.370003, "volume": 5, "typical_volume": 1.6, "trend": 97.687337, "fair_value": 98.083564, "relative_strength": 19.041896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.967098, "energy": 91.981248, "activity_lines": [ 107.594013, 105.52065, 103.680417, 100.888316 ] }, { "date": "2024-11-01", "close": 110.101128, "volume": 9, "typical_volume": 2.05, "trend": 98.16776, "fair_value": 98.149696, "relative_strength": 21.908305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.492572, "energy": 95.226437, "activity_lines": [ 108.889991, 106.583925, 104.565738, 101.689206 ] }, { "date": "2024-11-08", "close": 110.101128, "volume": 0, "typical_volume": 2.05, "trend": 98.77295, "fair_value": 98.215827, "relative_strength": 21.424022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.226759, "energy": 91.991832, "activity_lines": [ 109.665429, 107.505233, 105.344344, 102.459101 ] }, { "date": "2024-11-15", "close": 110.101128, "volume": 0, "typical_volume": 2.05, "trend": 99.37814, "fair_value": 98.281959, "relative_strength": 20.634089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.44576, "energy": 90.678349, "activity_lines": [ 109.947466, 108.284577, 106.016236, 103.189951 ] }, { "date": "2024-11-22", "close": 110.101128, "volume": 0, "typical_volume": 1.75, "trend": 99.983331, "fair_value": 98.282764, "relative_strength": 18.607767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.612004, "energy": 90.332083, "activity_lines": [ 109.98572, 108.921956, 106.581413, 103.881757 ] }, { "date": "2024-11-29", "close": 110.101128, "volume": 0, "typical_volume": 1.75, "trend": 100.588521, "fair_value": 98.283569, "relative_strength": 20.965847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.556763, "energy": 77.911563, "activity_lines": [ 110.101128, 109.417369, 107.08224, 104.534518 ] }, { "date": "2024-12-06", "close": 110.101128, "volume": 0, "typical_volume": 1.65, "trend": 101.193711, "fair_value": 98.246647, "relative_strength": 19.906204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.020668, "energy": 67.814461, "activity_lines": [ 110.101128, 109.770818, 107.518716, 105.148234 ] }, { "date": "2024-12-13", "close": 118.92205, "volume": 10, "typical_volume": 2.0, "trend": 102.092932, "fair_value": 98.266269, "relative_strength": 29.778616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.765455, "energy": 78.213556, "activity_lines": [ 113.041435, 111.586105, 108.745183, 106.291998 ] }, { "date": "2024-12-20", "close": 118.92205, "volume": 0, "typical_volume": 1.95, "trend": 103.018201, "fair_value": 98.285891, "relative_strength": 31.139279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.175014, "energy": 78.16001, "activity_lines": [ 115.393681, 113.106448, 109.89085, 107.377748 ] }, { "date": "2024-12-27", "close": 119.388481, "volume": 0, "typical_volume": 1.95, "trend": 104.054522, "fair_value": 98.305403, "relative_strength": 32.277691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.620336, "energy": 76.320293, "activity_lines": [ 117.313343, 114.484729, 111.023479, 108.433895 ] }, { "date": "2025-01-03", "close": 115.522125, "volume": 8, "typical_volume": 2.25, "trend": 104.982223, "fair_value": 98.300131, "relative_strength": 28.678196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.915494, "energy": 67.944811, "activity_lines": [ 117.325062, 115.012218, 111.728203, 109.17374 ] }, { "date": "2025-01-10", "close": 107.398865, "volume": 1, "typical_volume": 2.2, "trend": 105.639149, "fair_value": 98.207639, "relative_strength": 18.368841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.898343, "energy": 54.876435, "activity_lines": [ 114.267628, 113.932713, 111.595272, 109.329652 ] }, { "date": "2025-01-17", "close": 105.143501, "volume": 2, "typical_volume": 2.3, "trend": 106.220896, "fair_value": 98.100688, "relative_strength": 11.864757, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 6.647471, "energy": 22.311124, "activity_lines": [ 110.638557, 112.492273, 111.223232, 109.297675 ] }, { "date": "2025-01-24", "close": 107.847992, "volume": 1046, "typical_volume": 54.6, "trend": 106.892792, "fair_value": 98.006316, "relative_strength": 13.855248, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 5.290004, "energy": 34.174499, "activity_lines": [ 108.829553, 111.633697, 111.095188, 109.402649 ] }, { "date": "2025-01-31", "close": 110.327927, "volume": 25, "typical_volume": 55.85, "trend": 107.350806, "fair_value": 97.9009, "relative_strength": 12.328532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.777783, "energy": 36.306839, "activity_lines": [ 108.585464, 111.266985, 111.176877, 109.624271 ] }, { "date": "2025-02-07", "close": 108.795059, "volume": 9, "typical_volume": 56.3, "trend": 107.757725, "fair_value": 97.815097, "relative_strength": 11.380626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.194841, "energy": 29.145315, "activity_lines": [ 108.434456, 110.617445, 111.074317, 109.717448 ] }, { "date": "2025-02-14", "close": 108.795059, "volume": 0, "typical_volume": 56.3, "trend": 108.064869, "fair_value": 97.768011, "relative_strength": 7.604231, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.144099, "energy": 19.529019, "activity_lines": [ 108.73192, 109.991653, 110.940795, 109.784373 ] }, { "date": "2025-02-21", "close": 109.76165, "volume": 7, "typical_volume": 56.65, "trend": 108.325124, "fair_value": 97.727121, "relative_strength": 8.841585, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.927422, "energy": 11.228912, "activity_lines": [ 109.258501, 109.565351, 110.868367, 109.893843 ] }, { "date": "2025-02-28", "close": 117.523651, "volume": 1, "typical_volume": 56.4, "trend": 108.680728, "fair_value": 97.735988, "relative_strength": 19.677996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.761316, "energy": 33.153888, "activity_lines": [ 112.064538, 110.716874, 111.501552, 110.487296 ] }, { "date": "2025-03-07", "close": 116.810913, "volume": 16, "typical_volume": 56.95, "trend": 109.012574, "fair_value": 97.740286, "relative_strength": 15.986055, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.67643, "energy": 43.466922, "activity_lines": [ 113.987953, 111.764235, 112.014097, 111.011824 ] }, { "date": "2025-03-14", "close": 113.413208, "volume": 15, "typical_volume": 57.45, "trend": 109.39035, "fair_value": 97.722804, "relative_strength": 8.554101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.231442, "energy": 49.256028, "activity_lines": [ 114.3466, 112.240696, 112.176612, 111.295736 ] }, { "date": "2025-03-21", "close": 113.413208, "volume": 0, "typical_volume": 57.0, "trend": 109.761022, "fair_value": 97.705321, "relative_strength": 5.217505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.925028, "energy": 58.049658, "activity_lines": [ 114.397371, 112.7555, 112.315111, 111.555275 ] }, { "date": "2025-03-28", "close": 108.375229, "volume": 5, "typical_volume": 57.25, "trend": 109.963762, "fair_value": 97.655544, "relative_strength": 0.615247, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.912154, "energy": 18.246772, "activity_lines": [ 112.460939, 112.244957, 111.958031, 111.465869 ] }, { "date": "2025-04-04", "close": 116.434509, "volume": 1, "typical_volume": 57.3, "trend": 110.435144, "fair_value": 97.654807, "relative_strength": 11.622645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.518821, "energy": 28.835922, "activity_lines": [ 113.303361, 113.140979, 112.37672, 111.883337 ] }, { "date": "2025-04-11", "close": 106.829628, "volume": 8, "typical_volume": 57.7, "trend": 110.586363, "fair_value": 97.5925, "relative_strength": 1.818252, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.482816, "energy": 9.659928, "activity_lines": [ 111.016766, 112.13454, 111.8505, 111.650723 ] }, { "date": "2025-04-18", "close": 106.829628, "volume": 0, "typical_volume": 57.7, "trend": 110.737583, "fair_value": 97.571136, "relative_strength": 0.063953, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.922046, "energy": 31.497661, "activity_lines": [ 109.39559, 111.191707, 111.339858, 111.408353 ] }, { "date": "2025-04-25", "close": 106.829628, "volume": 0, "typical_volume": 57.7, "trend": 110.888802, "fair_value": 97.549772, "relative_strength": -3.863958, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.421919, "energy": 52.139012, "activity_lines": [ 108.213319, 110.284608, 110.844795, 111.156227 ] }, { "date": "2025-05-02", "close": 106.829628, "volume": 0, "typical_volume": 57.2, "trend": 111.026453, "fair_value": 97.528408, "relative_strength": -4.312457, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.670089, "energy": 70.717613, "activity_lines": [ 107.469953, 109.413245, 110.36531, 110.894345 ] }, { "date": "2025-05-09", "close": 106.829628, "volume": 0, "typical_volume": 57.2, "trend": 111.039294, "fair_value": 97.507043, "relative_strength": -5.414842, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.544546, "energy": 71.089227, "activity_lines": [ 106.829628, 108.595192, 109.943408, 110.623582 ] }, { "date": "2025-05-16", "close": 106.829628, "volume": 0, "typical_volume": 57.2, "trend": 110.891667, "fair_value": 97.539632, "relative_strength": -7.340441, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.761363, "energy": 66.177103, "activity_lines": [ 106.829628, 107.971575, 109.579089, 110.35199 ] }, { "date": "2025-05-23", "close": 106.829628, "volume": 0, "typical_volume": 56.8, "trend": 110.840321, "fair_value": 97.5536, "relative_strength": -6.514667, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.099243, "energy": 58.986174, "activity_lines": [ 106.829628, 107.529436, 109.274574, 110.089923 ] }, { "date": "2025-05-30", "close": 106.829628, "volume": 0, "typical_volume": 56.75, "trend": 110.731271, "fair_value": 97.578849, "relative_strength": -6.093861, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.58761, "energy": 60.269012, "activity_lines": [ 106.829628, 107.206998, 109.011453, 109.831169 ] }, { "date": "2025-06-06", "close": 106.829628, "volume": 0, "typical_volume": 56.65, "trend": 110.622221, "fair_value": 97.606603, "relative_strength": -5.584247, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.396131, "energy": 52.659871, "activity_lines": [ 106.829628, 107.004262, 108.751041, 109.57945 ] }, { "date": "2025-06-13", "close": 102.713264, "volume": 92, "typical_volume": 8.95, "trend": 110.375959, "fair_value": 97.625458, "relative_strength": -9.99008, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.468845, "energy": 78.498787, "activity_lines": [ 105.457507, 106.081198, 108.090566, 109.069195 ] }, { "date": "2025-06-20", "close": 98.008827, "volume": 15, "typical_volume": 8.45, "trend": 109.972883, "fair_value": 97.614157, "relative_strength": -14.036229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.365814, "energy": 92.962632, "activity_lines": [ 102.791664, 104.552259, 107.0065, 108.271315 ] }, { "date": "2025-06-27", "close": 98.008827, "volume": 0, "typical_volume": 8.0, "trend": 109.569806, "fair_value": 97.588651, "relative_strength": -13.895887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.195595, "energy": 95.678083, "activity_lines": [ 100.713875, 103.183698, 105.981097, 107.499441 ] }, { "date": "2025-07-04", "close": 98.440491, "volume": 0, "typical_volume": 8.0, "trend": 109.181118, "fair_value": 97.562939, "relative_strength": -16.201918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.161203, "energy": 93.382216, "activity_lines": [ 99.368027, 102.054, 105.048168, 106.78142 ] }, { "date": "2025-07-11", "close": 98.440491, "volume": 0, "typical_volume": 7.65, "trend": 108.498399, "fair_value": 97.523138, "relative_strength": -12.892806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.988513, "energy": 90.545954, "activity_lines": [ 98.581455, 101.076832, 104.164546, 106.088477 ] }, { "date": "2025-07-18", "close": 97.849861, "volume": 30, "typical_volume": 9.1, "trend": 107.795993, "fair_value": 97.49286, "relative_strength": -11.49878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.727317, "energy": 92.554018, "activity_lines": [ 98.157282, 100.144806, 103.278584, 105.401474 ] }, { "date": "2025-07-25", "close": 97.554527, "volume": 9, "typical_volume": 8.75, "trend": 107.068195, "fair_value": 97.437847, "relative_strength": -11.718259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.978682, "energy": 93.337398, "activity_lines": [ 97.958891, 99.322351, 102.458179, 104.740734 ] }, { "date": "2025-08-01", "close": 97.554527, "volume": 0, "typical_volume": 8.0, "trend": 106.469275, "fair_value": 97.382834, "relative_strength": -10.760524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.607497, "energy": 91.791034, "activity_lines": [ 97.790787, 98.668535, 101.729472, 104.126949 ] }, { "date": "2025-08-08", "close": 97.554527, "volume": 0, "typical_volume": 8.0, "trend": 106.14113, "fair_value": 97.327821, "relative_strength": -12.839117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.76644, "energy": 70.408335, "activity_lines": [ 97.652969, 98.183356, 101.076282, 103.551804 ] }, { "date": "2025-08-15", "close": 92.937683, "volume": 9, "typical_volume": 8.2, "trend": 105.734269, "fair_value": 97.243213, "relative_strength": -17.06903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -99.017777, "energy": 79.482199, "activity_lines": [ 96.035268, 97.02739, 100.05891, 102.699969 ] }, { "date": "2025-08-22", "close": 92.937683, "volume": 0, "typical_volume": 8.15, "trend": 105.237259, "fair_value": 97.176591, "relative_strength": -17.891953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.391294, "energy": 78.302148, "activity_lines": [ 94.784421, 96.124005, 99.115051, 101.874383 ] }, { "date": "2025-08-29", "close": 92.937683, "volume": 0, "typical_volume": 7.75, "trend": 104.657584, "fair_value": 97.130174, "relative_strength": -19.718594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.594559, "energy": 75.259749, "activity_lines": [ 93.861052, 95.398357, 98.283081, 101.080862 ] }, { "date": "2025-09-05", "close": 92.937683, "volume": 0, "typical_volume": 7.75, "trend": 104.129005, "fair_value": 97.083756, "relative_strength": -20.200554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.136789, "energy": 71.617532, "activity_lines": [ 93.245473, 94.764912, 97.517263, 100.324739 ] }, { "date": "2025-09-12", "close": 93.518471, "volume": 1, "typical_volume": 7.8, "trend": 103.619786, "fair_value": 97.041062, "relative_strength": -19.302074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.662136, "energy": 89.019351, "activity_lines": [ 93.131279, 94.329268, 96.87291, 99.640189 ] }, { "date": "2025-09-19", "close": 87.651421, "volume": 19, "typical_volume": 8.75, "trend": 102.882778, "fair_value": 97.012799, "relative_strength": -25.913793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.057766, "energy": 78.643045, "activity_lines": [ 91.330472, 92.916378, 95.733177, 98.609972 ] }, { "date": "2025-09-26", "close": 86.115746, "volume": 5, "typical_volume": 9.0, "trend": 101.835848, "fair_value": 96.974691, "relative_strength": -26.692175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.644777, "energy": 77.749169, "activity_lines": [ 89.370192, 91.42044, 94.538514, 97.528228 ] }, { "date": "2025-10-03", "close": 86.115746, "volume": 0, "typical_volume": 9.0, "trend": 100.812675, "fair_value": 96.964252, "relative_strength": -25.736804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.33836, "energy": 75.390099, "activity_lines": [ 87.864707, 90.137849, 93.442489, 96.514027 ] }, { "date": "2025-10-10", "close": 89.639915, "volume": 1566, "typical_volume": 87.3, "trend": 100.020232, "fair_value": 96.936142, "relative_strength": -20.417195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.11159, "energy": 68.121057, "activity_lines": [ 87.988741, 89.703994, 92.780737, 95.793204 ] }, { "date": "2025-10-17", "close": 90.058029, "volume": 0, "typical_volume": 87.3, "trend": 99.241726, "fair_value": 96.939643, "relative_strength": -21.13669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.311354, "energy": 66.638285, "activity_lines": [ 88.471997, 89.490062, 92.24066, 95.150481 ] }, { "date": "2025-10-24", "close": 90.058029, "volume": 0, "typical_volume": 87.3, "trend": 98.631153, "fair_value": 96.943144, "relative_strength": -22.222978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.402583, "energy": 62.333473, "activity_lines": [ 89.18595, 89.41243, 91.780448, 94.557985 ] }, { "date": "2025-10-31", "close": 90.058029, "volume": 0, "typical_volume": 82.7, "trend": 97.751937, "fair_value": 96.946645, "relative_strength": -23.497172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.413102, "energy": 47.052378, "activity_lines": [ 89.739462, 89.387155, 91.400102, 94.00488 ] }, { "date": "2025-11-07", "close": 90.058029, "volume": 0, "typical_volume": 81.95, "trend": 97.192884, "fair_value": 96.863173, "relative_strength": -25.238168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.766046, "energy": 40.03973, "activity_lines": [ 90.030155, 89.414238, 91.080018, 93.508499 ] }, { "date": "2025-11-14", "close": 90.058029, "volume": 0, "typical_volume": 81.95, "trend": 96.63383, "fair_value": 96.779701, "relative_strength": -26.454241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.553387, "energy": 40.474974, "activity_lines": [ 90.058029, 89.493678, 90.797795, 93.048186 ] }, { "date": "2025-11-21", "close": 90.058029, "volume": 0, "typical_volume": 81.95, "trend": 96.074777, "fair_value": 96.670673, "relative_strength": -24.537189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.883324, "energy": 37.981575, "activity_lines": [ 90.058029, 89.625475, 90.553433, 92.62394 ] }, { "date": "2025-11-28", "close": 88.27784, "volume": 4, "typical_volume": 82.15, "trend": 95.456384, "fair_value": 96.570968, "relative_strength": -27.448236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.960966, "energy": 47.601483, "activity_lines": [ 89.464633, 89.496518, 90.179445, 92.120912 ] }, { "date": "2025-12-05", "close": 83.075714, "volume": 12, "typical_volume": 81.25, "trend": 94.664587, "fair_value": 96.437915, "relative_strength": -30.378641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.043545, "energy": 64.888806, "activity_lines": [ 87.255874, 88.410332, 89.358411, 91.322159 ] }, { "date": "2025-12-12", "close": 83.075714, "volume": 0, "typical_volume": 80.8, "trend": 93.87279, "fair_value": 96.292808, "relative_strength": -31.084916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.994212, "energy": 81.701012, "activity_lines": [ 85.512602, 87.379418, 88.60773, 90.57449 ] }, { "date": "2025-12-19", "close": 91.670097, "volume": 1, "typical_volume": 80.85, "trend": 93.367472, "fair_value": 96.231363, "relative_strength": -22.064656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.907256, "energy": 62.650601, "activity_lines": [ 87.099613, 87.966393, 88.744508, 90.432381 ] }, { "date": "2025-12-26", "close": 95.214355, "volume": 1, "typical_volume": 80.9, "trend": 92.980296, "fair_value": 96.189543, "relative_strength": -19.4341, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -8.568869, "energy": 20.625555, "activity_lines": [ 89.760572, 89.160866, 89.246856, 90.551534 ] }, { "date": "2026-01-02", "close": 94.767204, "volume": 1, "typical_volume": 80.5, "trend": 92.578216, "fair_value": 96.116274, "relative_strength": -18.81683, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 25.217712, "energy": 39.602337, "activity_lines": [ 91.928725, 90.180287, 89.717761, 90.666819 ] }, { "date": "2026-01-09", "close": 89.699432, "volume": 1914, "typical_volume": 176.2, "trend": 92.144421, "fair_value": 96.058421, "relative_strength": -23.775, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 2.045964, "energy": 33.265156, "activity_lines": [ 91.974997, 90.192674, 89.69731, 90.481091 ] }, { "date": "2026-01-16", "close": 90.325455, "volume": 1001, "typical_volume": 226.25, "trend": 91.888309, "fair_value": 96.030137, "relative_strength": -23.271407, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 2.146039, "energy": 29.744605, "activity_lines": [ 91.788361, 90.325403, 89.7519, 90.363738 ] }, { "date": "2026-01-23", "close": 79.653343, "volume": 1313, "typical_volume": 291.9, "trend": 91.276459, "fair_value": 95.973896, "relative_strength": -36.916092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.037757, "energy": 42.254273, "activity_lines": [ 87.56104, 88.512886, 88.802537, 89.574386 ] }, { "date": "2026-01-30", "close": 80.239609, "volume": 1265, "typical_volume": 355.1, "trend": 90.669763, "fair_value": 95.921414, "relative_strength": -36.582764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.120775, "energy": 73.347752, "activity_lines": [ 84.330257, 86.996139, 87.972268, 88.862331 ] }, { "date": "2026-02-06", "close": 86.360672, "volume": 13, "typical_volume": 354.8, "trend": 90.267103, "fair_value": 95.896844, "relative_strength": -31.580448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.412867, "energy": 59.774651, "activity_lines": [ 84.138144, 86.770829, 87.788191, 88.584325 ] }, { "date": "2026-02-13", "close": 92.263123, "volume": 4, "typical_volume": 354.75, "trend": 90.080878, "fair_value": 95.910111, "relative_strength": -27.567618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.981101, "energy": 34.007362, "activity_lines": [ 86.473951, 87.65355, 88.172398, 88.7131 ] }, { "date": "2026-02-20", "close": 89.262215, "volume": 2, "typical_volume": 354.85, "trend": 89.804468, "fair_value": 95.891847, "relative_strength": -30.649443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.399138, "energy": 19.025451, "activity_lines": [ 87.638543, 87.823607, 88.241531, 88.660283 ] }, { "date": "2026-02-27", "close": 89.262215, "volume": 0, "typical_volume": 276.55, "trend": 89.528057, "fair_value": 95.893568, "relative_strength": -29.029382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.995473, "energy": 18.637734, "activity_lines": [ 88.874017, 87.881182, 88.29568, 88.625299 ] }, { "date": "2026-03-06", "close": 84.562111, "volume": 4, "typical_volume": 276.75, "trend": 89.094977, "fair_value": 95.871761, "relative_strength": -28.276477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.128397, "energy": 23.590273, "activity_lines": [ 87.902199, 87.127973, 87.904, 88.304916 ] }, { "date": "2026-03-13", "close": 81.779816, "volume": 2, "typical_volume": 276.85, "trend": 88.723048, "fair_value": 95.822308, "relative_strength": -29.0985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.937156, "energy": 34.064774, "activity_lines": [ 85.714781, 86.062569, 87.273509, 87.83297 ] }, { "date": "2026-03-20", "close": 69.557556, "volume": 1808, "typical_volume": 367.25, "trend": 87.94371, "fair_value": 95.694508, "relative_strength": -38.360312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.7304, "energy": 84.416618, "activity_lines": [ 79.758668, 83.01107, 85.518415, 86.596486 ] }, { "date": "2026-03-27", "close": 69.179962, "volume": 1506, "typical_volume": 442.55, "trend": 87.151786, "fair_value": 95.503303, "relative_strength": -39.699506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.935807, "energy": 94.899771, "activity_lines": [ 75.190395, 80.257134, 83.82498, 85.385922 ] }, { "date": "2026-04-03", "close": 62.403061, "volume": 115, "typical_volume": 448.3, "trend": 86.133966, "fair_value": 95.242945, "relative_strength": -46.536441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.952722, "energy": 96.799621, "activity_lines": [ 69.701971, 76.655497, 81.585545, 83.78923 ] }, { "date": "2026-04-10", "close": 63.973072, "volume": 585, "typical_volume": 477.55, "trend": 85.149119, "fair_value": 94.992651, "relative_strength": -46.923969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.466585, "energy": 93.723197, "activity_lines": [ 66.527495, 73.652959, 79.627326, 82.359495 ] }, { "date": "2026-04-17", "close": 66.279999, "volume": 3, "typical_volume": 477.5, "trend": 84.436738, "fair_value": 94.763655, "relative_strength": -43.703044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.448416, "energy": 88.6109, "activity_lines": [ 65.494596, 71.365617, 78.013028, 81.142132 ] }, { "date": "2026-04-24", "close": 66.279999, "volume": 2, "typical_volume": 477.0, "trend": 83.775547, "fair_value": 94.534658, "relative_strength": -41.396077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.185608, "energy": 88.162648, "activity_lines": [ 65.495019, 69.443378, 76.503481, 79.97073 ] }, { "date": "2026-05-01", "close": 62.00906, "volume": 880, "typical_volume": 521.0, "trend": 82.97199, "fair_value": 94.278284, "relative_strength": -43.324649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.523689, "energy": 89.370398, "activity_lines": [ 64.2903, 67.217025, 74.667158, 78.56644 ] }, { "date": "2026-05-08", "close": 59.448509, "volume": 515, "typical_volume": 546.7, "trend": 81.96561, "fair_value": 94.005496, "relative_strength": -43.868092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.741509, "energy": 85.338241, "activity_lines": [ 62.710123, 65.020629, 72.687291, 77.048796 ] }, { "date": "2026-05-15", "close": 59.448509, "volume": 0, "typical_volume": 546.65, "trend": 80.945293, "fair_value": 93.732708, "relative_strength": -40.852887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.644358, "energy": 91.394265, "activity_lines": [ 61.326917, 63.366301, 70.860859, 75.59608 ] }, { "date": "2026-05-22", "close": 58.475895, "volume": 2310, "typical_volume": 662.1, "trend": 79.892555, "fair_value": 93.447237, "relative_strength": -40.572439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.448587, "energy": 88.93862, "activity_lines": [ 59.921144, 61.991745, 69.112112, 74.146442 ] }, { "date": "2026-05-29", "close": 58.59499, "volume": 3, "typical_volume": 566.55, "trend": 78.843787, "fair_value": 93.15754, "relative_strength": -38.687253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.936205, "energy": 87.782414, "activity_lines": [ 59.075342, 61.06255, 67.547522, 72.772405 ] }, { "date": "2026-06-05", "close": 60.311951, "volume": 1001, "typical_volume": 566.55, "trend": 77.852251, "fair_value": 92.87885, "relative_strength": -34.12377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.17808, "energy": 78.665649, "activity_lines": [ 59.314195, 60.644849, 66.294569, 71.576803 ] }, { "date": "2026-06-12", "close": 60.311951, "volume": 0, "typical_volume": 500.9, "trend": 76.860715, "fair_value": 92.599065, "relative_strength": -34.00945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.455453, "energy": 66.479179, "activity_lines": [ 59.666189, 60.388385, 65.184537, 70.445171 ] }, { "date": "2026-06-19", "close": 60.311951, "volume": 0, "typical_volume": 437.65, "trend": 75.869179, "fair_value": 92.319279, "relative_strength": -32.136053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.365034, "energy": 82.717363, "activity_lines": [ 59.960619, 60.169941, 64.166608, 69.377508 ] }, { "date": "2026-06-26", "close": 60.323559, "volume": 0, "typical_volume": 437.0, "trend": 74.93737, "fair_value": 92.039568, "relative_strength": -33.072946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.464818, "energy": 77.877482, "activity_lines": [ 60.201356, 60.020173, 63.244677, 68.374565 ] }, { "date": "2026-07-03", "close": 58.060001, "volume": 0, "typical_volume": 436.8, "trend": 74.103513, "fair_value": 91.775143, "relative_strength": -35.072667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.81228, "energy": 94.218938, "activity_lines": [ 59.564396, 59.567148, 62.231156, 67.285703 ] }, { "date": "2026-07-10", "close": 66.709999, "volume": 20, "typical_volume": 437.7, "trend": 73.557989, "fair_value": 91.578996, "relative_strength": -25.944257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.143378, "energy": 51.969922, "activity_lines": [ 61.846435, 60.836305, 62.204316, 66.808702 ] }, { "date": "2026-07-17", "close": 66.779999, "volume": 12, "typical_volume": 438.3, "trend": 72.728319, "fair_value": 91.37108, "relative_strength": -23.074712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.840724, "energy": 34.188601, "activity_lines": [ 63.725271, 62.032717, 62.291534, 66.371412 ] }, { "date": "2026-07-24", "close": 64.25, "volume": 502, "typical_volume": 463.2, "trend": 71.696174, "fair_value": 91.132404, "relative_strength": -25.086565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.385389, "energy": 35.233717, "activity_lines": [ 64.32957, 62.63583, 62.244858, 65.824424 ] }, { "date": "2026-07-31", "close": 66.0, "volume": 500, "typical_volume": 488.1, "trend": 70.737267, "fair_value": 90.897615, "relative_strength": -23.667111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.333485, "energy": 40.908442, "activity_lines": [ 65.254666, 63.469824, 62.461573, 65.456929 ] }, { "date": "2026-08-07", "close": 66.0, "volume": 0, "typical_volume": 397.7, "trend": 69.947286, "fair_value": 90.662826, "relative_strength": -20.18047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.503666, "energy": 43.098675, "activity_lines": [ 65.801333, 64.167017, 62.75343, 65.151299 ] } ], "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." } } }