{ "ticker": { "uuid": "50d14756-dd0f-434b-9d95-0b5721cc6d60", "symbol": "ALKS", "name": "Alkermes Plc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 51.612, "architecture_energy": 50.263, "architecture_maturity": 100.0, "architecture_confidence": 69.57, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.08, "rotation_up": 45.26, "upward_expansion": 70.75, "deceleration": 65.49, "rotation_down": 27.21, "downward_expansion": 20.75 }, "activity_lines": [ 50.524, 50.835636, 46.534905, 42.834258 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 49.17, "trend_reference": 38.715333, "distance_from_trend": 0.270039, "trend_direction": "Improving", "fair_value": 30.334744, "distance_from_fair_value": 0.620914, "fair_value_direction": "Improving", "relative_strength": 25.207933, "relative_strength_direction": "Improving", "price_momentum": 0.408479, "excess_performance": 0.221025, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.270039, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.213621, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.620914, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.411209, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.252079, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.290915, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.408479, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.570133, "read": "Demand-led" } ], "volume": { "latest": 7653429, "relative_activity": 0.69811, "balance": 2.570133, "dry_up": 0.803123, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.086558, "annualized_volatility": 0.487886, "from_high_reference": -0.116759, "from_low_reference": 0.953904 }, "levels": { "trend_reference": 38.715333, "fair_value_reference": 30.334744, "structural_low": 27.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": -0.021347, "positive_rate": 0.357143, "directional_follow_through": 0.357143, "median_excess_return": -0.004377, "regime_survival": 0.714286, "best_return": 0.222554, "worst_return": -0.258171, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.031854, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": -0.083203, "regime_survival": 0.583333, "best_return": 0.405259, "worst_return": -0.242587, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.053233, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.131118, "regime_survival": 0.285714, "best_return": 0.20632, "worst_return": -0.207597, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.024388, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.264285, "regime_survival": 0.5, "best_return": 0.255915, "worst_return": -0.187082, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-04-19", "end": "2024-05-24", "tenure": "Developing", "return": 0.007128, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2024-08-02", "tenure": "Developing", "return": 0.184615, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-09", "end": "2024-09-20", "tenure": "Developing", "return": 0.095129, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-03-28", "tenure": "Extended", "return": 0.20632, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.101796, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.128592, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-04", "tenure": "Developing", "return": -0.017036, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-11", "end": "2025-09-26", "tenure": "Developing", "return": -0.07893, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": -0.01159, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": -0.117057, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2026-01-23", "tenure": "Developing", "return": 0.174764, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.180879, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.226643, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.476133, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 29.28, "volume": 8028039, "typical_volume": 7094543.6, "trend": 29.119, "fair_value": 25.096955, "relative_strength": -6.628044, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.860468, "energy": 28.136807, "activity_lines": [ 28.717333, 29.512727, 29.999429, 29.665097 ] }, { "date": "2023-08-25", "close": 27.17, "volume": 12951442, "typical_volume": 7514370.25, "trend": 29.057333, "fair_value": 25.166314, "relative_strength": -14.650795, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.131335, "energy": 44.586186, "activity_lines": [ 28.068, 28.948364, 29.728524, 29.539355 ] }, { "date": "2023-09-01", "close": 29.27, "volume": 11659266, "typical_volume": 7574946.1, "trend": 29.121333, "fair_value": 25.249199, "relative_strength": -11.239146, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.029564, "energy": 23.436645, "activity_lines": [ 28.435333, 28.857091, 29.667381, 29.553075 ] }, { "date": "2023-09-08", "close": 28.85, "volume": 4413247, "typical_volume": 7509071.7, "trend": 29.18, "fair_value": 25.322596, "relative_strength": -11.31076, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.716797, "energy": 14.819136, "activity_lines": [ 28.628667, 28.763455, 29.566619, 29.53557 ] }, { "date": "2023-09-15", "close": 29.6, "volume": 7802339, "typical_volume": 7427331.6, "trend": 29.231, "fair_value": 25.396763, "relative_strength": -8.540023, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.640867, "energy": 8.985719, "activity_lines": [ 28.988667, 28.850727, 29.53981, 29.562667 ] }, { "date": "2023-09-22", "close": 29.02, "volume": 8144579, "typical_volume": 7550364.2, "trend": 29.292333, "fair_value": 25.475481, "relative_strength": -7.225264, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.552304, "energy": 6.376948, "activity_lines": [ 29.050667, 28.837636, 29.452762, 29.549054 ] }, { "date": "2023-09-29", "close": 28.01, "volume": 6317269, "typical_volume": 7516024.55, "trend": 29.317667, "fair_value": 25.553814, "relative_strength": -10.427062, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.003472, "energy": 9.910879, "activity_lines": [ 28.793333, 28.666727, 29.271571, 29.466323 ] }, { "date": "2023-10-06", "close": 28.68, "volume": 8185940, "typical_volume": 7662163.15, "trend": 29.386667, "fair_value": 25.629583, "relative_strength": -9.818892, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.654571, "energy": 7.945888, "activity_lines": [ 28.703333, 28.688727, 29.16919, 29.425183 ] }, { "date": "2023-10-13", "close": 27.73, "volume": 6911017, "typical_volume": 7805066.2, "trend": 29.443333, "fair_value": 25.697532, "relative_strength": -12.724516, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.751415, "energy": 35.979668, "activity_lines": [ 28.336, 28.539455, 28.984905, 29.318301 ] }, { "date": "2023-10-20", "close": 27.02, "volume": 7611504, "typical_volume": 7979416.2, "trend": 29.461, "fair_value": 25.765673, "relative_strength": -12.297489, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.873624, "energy": 50.891906, "activity_lines": [ 27.806667, 28.258727, 28.740571, 29.161957 ] }, { "date": "2023-10-27", "close": 23.9, "volume": 18225652, "typical_volume": 8511371.95, "trend": 29.318, "fair_value": 25.814712, "relative_strength": -20.084292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.515681, "energy": 74.093127, "activity_lines": [ 26.409333, 27.429091, 28.210952, 28.803183 ] }, { "date": "2023-11-03", "close": 24.79, "volume": 11871534, "typical_volume": 8791179.5, "trend": 29.170333, "fair_value": 25.864647, "relative_strength": -21.744349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.947641, "energy": 77.759868, "activity_lines": [ 25.65, 26.859091, 27.800524, 28.511054 ] }, { "date": "2023-11-10", "close": 23.8, "volume": 8237007, "typical_volume": 8844037.0, "trend": 28.985333, "fair_value": 25.903109, "relative_strength": -26.669538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.379627, "energy": 82.285412, "activity_lines": [ 24.775333, 26.152364, 27.331048, 28.164581 ] }, { "date": "2023-11-17", "close": 24.24, "volume": 11136648, "typical_volume": 8969845.35, "trend": 28.814, "fair_value": 25.941571, "relative_strength": -26.46302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.251182, "energy": 78.725178, "activity_lines": [ 24.372667, 25.625091, 26.948905, 27.85843 ] }, { "date": "2023-11-24", "close": 24.39, "volume": 5201998, "typical_volume": 9002621.15, "trend": 28.675333, "fair_value": 25.979327, "relative_strength": -26.296937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.266921, "energy": 75.161678, "activity_lines": [ 24.252667, 25.208909, 26.614667, 27.573011 ] }, { "date": "2023-12-01", "close": 24.29, "volume": 13484320, "typical_volume": 9375460.6, "trend": 28.503333, "fair_value": 26.012724, "relative_strength": -26.220846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.215896, "energy": 64.28246, "activity_lines": [ 24.274667, 24.869273, 26.297048, 27.290086 ] }, { "date": "2023-12-08", "close": 25.86, "volume": 16379720, "typical_volume": 9867083.8, "trend": 28.326667, "fair_value": 26.041955, "relative_strength": -21.501217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.368174, "energy": 42.576339, "activity_lines": [ 24.794, 24.901091, 26.158238, 27.119548 ] }, { "date": "2023-12-15", "close": 27.42, "volume": 41845611, "typical_volume": 11425491.35, "trend": 28.224667, "fair_value": 26.076699, "relative_strength": -18.987204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.665961, "energy": 21.810602, "activity_lines": [ 25.762, 25.255636, 26.196857, 27.061054 ] }, { "date": "2023-12-22", "close": 27.92, "volume": 12986556, "typical_volume": 11512569.05, "trend": 28.178, "fair_value": 26.118109, "relative_strength": -17.764956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.927108, "energy": 19.031992, "activity_lines": [ 26.655333, 25.724, 26.289476, 27.041398 ] }, { "date": "2023-12-29", "close": 27.74, "volume": 4256569, "typical_volume": 11282512.85, "trend": 28.119, "fair_value": 26.168045, "relative_strength": -17.976113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.003929, "energy": 22.505458, "activity_lines": [ 27.243333, 26.156182, 26.363429, 27.01314 ] }, { "date": "2024-01-05", "close": 28.56, "volume": 6462175, "typical_volume": 11204219.65, "trend": 28.033333, "fair_value": 26.220481, "relative_strength": -12.229059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.035189, "energy": 25.46931, "activity_lines": [ 27.881333, 26.724364, 26.516857, 27.041591 ] }, { "date": "2024-01-12", "close": 28.2, "volume": 8213572, "typical_volume": 10967326.15, "trend": 27.900333, "fair_value": 26.257853, "relative_strength": -15.470972, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.791259, "energy": 29.724603, "activity_lines": [ 28.114667, 27.142364, 26.639429, 27.052344 ] }, { "date": "2024-01-19", "close": 27.9, "volume": 6626815, "typical_volume": 10715703.6, "trend": 27.719, "fair_value": 26.294455, "relative_strength": -18.048784, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.193113, "energy": 27.876977, "activity_lines": [ 28.092, 27.443818, 26.728524, 27.052323 ] }, { "date": "2024-01-26", "close": 27.74, "volume": 5485838, "typical_volume": 10769333.15, "trend": 27.600333, "fair_value": 26.337724, "relative_strength": -18.380166, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.411519, "energy": 31.48477, "activity_lines": [ 27.984, 27.641636, 26.808905, 27.053677 ] }, { "date": "2024-02-02", "close": 26.74, "volume": 6858091, "typical_volume": 10722120.75, "trend": 27.495667, "fair_value": 26.365994, "relative_strength": -21.758025, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 1.240336, "energy": 8.179845, "activity_lines": [ 27.554667, 27.594, 26.799333, 26.998172 ] }, { "date": "2024-02-09", "close": 27.32, "volume": 6257678, "typical_volume": 10627775.7, "trend": 27.391667, "fair_value": 26.411506, "relative_strength": -20.987814, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.919005, "energy": 5.253778, "activity_lines": [ 27.385333, 27.609091, 26.858619, 26.986839 ] }, { "date": "2024-02-16", "close": 32.18, "volume": 16160701, "typical_volume": 11119947.3, "trend": 27.400333, "fair_value": 26.492276, "relative_strength": -5.090655, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.165085, "energy": 43.041229, "activity_lines": [ 28.918667, 28.452727, 27.388857, 27.295763 ] }, { "date": "2024-02-23", "close": 29.57, "volume": 9636542, "typical_volume": 11192477.4, "trend": 27.427333, "fair_value": 26.559776, "relative_strength": -13.477441, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.304588, "energy": 47.598138, "activity_lines": [ 29.316667, 28.706909, 27.650667, 27.435742 ] }, { "date": "2024-03-01", "close": 30.24, "volume": 10318514, "typical_volume": 11362852.25, "trend": 27.515333, "fair_value": 26.630032, "relative_strength": -12.762288, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.903385, "energy": 66.468008, "activity_lines": [ 29.826667, 29.043818, 27.972048, 27.617204 ] }, { "date": "2024-03-08", "close": 29.25, "volume": 7223004, "typical_volume": 11343427.25, "trend": 27.556, "fair_value": 26.693045, "relative_strength": -13.792643, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.522797, "energy": 66.508291, "activity_lines": [ 29.84, 29.158545, 28.18719, 27.729118 ] }, { "date": "2024-03-15", "close": 28.75, "volume": 17709669, "typical_volume": 11317628.1, "trend": 27.538333, "fair_value": 26.748814, "relative_strength": -13.850748, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.165778, "energy": 41.490899, "activity_lines": [ 29.519333, 29.154909, 28.344095, 27.806151 ] }, { "date": "2024-03-22", "close": 27.29, "volume": 9782859, "typical_volume": 11213194.35, "trend": 27.542333, "fair_value": 26.798622, "relative_strength": -20.120821, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.46405, "energy": 17.961733, "activity_lines": [ 28.616667, 28.882364, 28.338857, 27.790129 ] }, { "date": "2024-03-29", "close": 27.07, "volume": 4952084, "typical_volume": 11048948.2, "trend": 27.469, "fair_value": 26.849391, "relative_strength": -19.788463, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.127128, "energy": 17.229179, "activity_lines": [ 27.966667, 28.586364, 28.300762, 27.759656 ] }, { "date": "2024-04-05", "close": 26.12, "volume": 7665748, "typical_volume": 10875403.2, "trend": 27.378, "fair_value": 26.894904, "relative_strength": -21.320806, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.412066, "energy": 26.824236, "activity_lines": [ 27.166667, 28.132727, 28.156619, 27.672624 ] }, { "date": "2024-04-12", "close": 24.42, "volume": 11302693, "typical_volume": 11180437.95, "trend": 27.205333, "fair_value": 26.924071, "relative_strength": -25.367272, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.129581, "energy": 39.632125, "activity_lines": [ 26.074667, 27.399455, 27.841619, 27.481785 ] }, { "date": "2024-04-19", "close": 23.85, "volume": 10763871, "typical_volume": 11044415.5, "trend": 27.033, "fair_value": 26.940545, "relative_strength": -22.238187, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.798314, "energy": 61.566226, "activity_lines": [ 25.114667, 26.604727, 27.47219, 27.265312 ] }, { "date": "2024-04-26", "close": 24.68, "volume": 7021560, "typical_volume": 10576507.5, "trend": 26.922, "fair_value": 26.957692, "relative_strength": -21.938399, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.099552, "energy": 60.167987, "activity_lines": [ 24.758, 26.024, 27.183905, 27.113505 ] }, { "date": "2024-05-03", "close": 24.05, "volume": 10056805, "typical_volume": 8987067.2, "trend": 26.767667, "fair_value": 26.970833, "relative_strength": -23.984462, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.468371, "energy": 64.868676, "activity_lines": [ 24.365333, 25.465091, 26.841238, 26.928215 ] }, { "date": "2024-05-10", "close": 24.05, "volume": 6422933, "typical_volume": 8658886.05, "trend": 26.645, "fair_value": 26.982308, "relative_strength": -24.271989, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.604786, "energy": 57.948966, "activity_lines": [ 24.174, 25.006545, 26.514619, 26.752882 ] }, { "date": "2024-05-17", "close": 24.15, "volume": 7864803, "typical_volume": 8839297.75, "trend": 26.549333, "fair_value": 26.994872, "relative_strength": -24.830832, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.319152, "energy": 55.176544, "activity_lines": [ 24.154, 24.678727, 26.215952, 26.591914 ] }, { "date": "2024-05-24", "close": 24.02, "volume": 7790764, "typical_volume": 8905727.2, "trend": 26.553333, "fair_value": 27.003526, "relative_strength": -25.596868, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.94474, "energy": 68.187583, "activity_lines": [ 24.108667, 24.42, 25.922, 26.428731 ] }, { "date": "2024-05-31", "close": 23.4, "volume": 8197307, "typical_volume": 8904913.95, "trend": 26.507, "fair_value": 27.005577, "relative_strength": -25.707629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.230378, "energy": 68.968128, "activity_lines": [ 23.845333, 24.134545, 25.590619, 26.22529 ] }, { "date": "2024-06-07", "close": 23.91, "volume": 9801103, "typical_volume": 9063628.35, "trend": 26.510667, "fair_value": 26.998397, "relative_strength": -25.341988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.748916, "energy": 61.310192, "activity_lines": [ 23.837333, 24.012545, 25.330667, 26.057742 ] }, { "date": "2024-06-14", "close": 24.5, "volume": 9982419, "typical_volume": 9288457.4, "trend": 26.519333, "fair_value": 26.99891, "relative_strength": -25.323818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.951732, "energy": 43.444238, "activity_lines": [ 24.035333, 24.055273, 25.145905, 25.928022 ] }, { "date": "2024-06-21", "close": 24.95, "volume": 11840031, "typical_volume": 9537554.4, "trend": 26.538, "fair_value": 27.004167, "relative_strength": -23.236012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.49315, "energy": 33.483234, "activity_lines": [ 24.353333, 24.209273, 25.019429, 25.826774 ] }, { "date": "2024-06-28", "close": 24.1, "volume": 9041912, "typical_volume": 9676766.1, "trend": 26.531667, "fair_value": 26.996474, "relative_strength": -25.060615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.282335, "energy": 28.270142, "activity_lines": [ 24.334667, 24.199091, 24.820524, 25.669484 ] }, { "date": "2024-07-05", "close": 24.29, "volume": 3884145, "typical_volume": 9062938.3, "trend": 26.479333, "fair_value": 26.989615, "relative_strength": -26.365071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.791367, "energy": 24.911253, "activity_lines": [ 24.374, 24.218909, 24.655048, 25.52486 ] }, { "date": "2024-07-12", "close": 23.57, "volume": 9163979, "typical_volume": 9039310.15, "trend": 26.351, "fair_value": 26.988718, "relative_strength": -27.659081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.422525, "energy": 36.869196, "activity_lines": [ 24.114, 24.114909, 24.458571, 25.337161 ] }, { "date": "2024-07-19", "close": 24.83, "volume": 9900747, "typical_volume": 9018421.8, "trend": 26.248, "fair_value": 26.990962, "relative_strength": -19.872441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.707165, "energy": 27.110362, "activity_lines": [ 24.296667, 24.248727, 24.410667, 25.239032 ] }, { "date": "2024-07-26", "close": 27.88, "volume": 15744565, "typical_volume": 9444499.85, "trend": 26.252667, "fair_value": 27.003846, "relative_strength": -7.227002, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.06045, "energy": 14.745466, "activity_lines": [ 25.474, 24.922909, 24.679, 25.344323 ] }, { "date": "2024-08-02", "close": 27.72, "volume": 9441640, "typical_volume": 9031098.4, "trend": 26.224667, "fair_value": 26.998462, "relative_strength": -4.470668, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.145166, "energy": 33.874752, "activity_lines": [ 26.402667, 25.500182, 24.938619, 25.438989 ] }, { "date": "2024-08-09", "close": 26.07, "volume": 10147438, "typical_volume": 9049327.35, "trend": 26.153667, "fair_value": 26.981282, "relative_strength": -9.974483, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.844292, "energy": 31.206003, "activity_lines": [ 26.54, 25.710182, 25.046, 25.429011 ] }, { "date": "2024-08-16", "close": 27.25, "volume": 6787388, "typical_volume": 9141092.55, "trend": 26.132, "fair_value": 26.962051, "relative_strength": -10.105683, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.63909, "energy": 46.034033, "activity_lines": [ 26.952, 26.086182, 25.271571, 25.499742 ] }, { "date": "2024-08-23", "close": 27.95, "volume": 6428748, "typical_volume": 9079242.55, "trend": 26.139, "fair_value": 26.941795, "relative_strength": -8.283374, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.086882, "energy": 53.168044, "activity_lines": [ 27.352, 26.528727, 25.562952, 25.617032 ] }, { "date": "2024-08-30", "close": 28.45, "volume": 5218622, "typical_volume": 8775039.0, "trend": 26.196, "fair_value": 26.932756, "relative_strength": -5.386537, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.455997, "energy": 49.369457, "activity_lines": [ 27.710667, 26.999455, 25.893238, 25.766129 ] }, { "date": "2024-09-06", "close": 26.86, "volume": 6113974, "typical_volume": 8542544.15, "trend": 26.180667, "fair_value": 26.909295, "relative_strength": -4.657834, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.74537, "energy": 36.324555, "activity_lines": [ 27.501333, 27.117455, 26.052905, 25.808968 ] }, { "date": "2024-09-13", "close": 27.66, "volume": 7604000, "typical_volume": 8571666.15, "trend": 26.03, "fair_value": 26.89359, "relative_strength": -6.688665, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.758258, "energy": 32.369913, "activity_lines": [ 27.616, 27.330727, 26.274429, 25.904409 ] }, { "date": "2024-09-20", "close": 28.55, "volume": 12077498, "typical_volume": 8672700.8, "trend": 25.996, "fair_value": 26.870962, "relative_strength": -4.445253, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.552405, "energy": 44.687513, "activity_lines": [ 27.921333, 27.644545, 26.566524, 26.066989 ] }, { "date": "2024-09-27", "close": 27.53, "volume": 8715362, "typical_volume": 8787322.25, "trend": 25.905667, "fair_value": 26.849487, "relative_strength": -8.171856, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.755377, "energy": 34.254612, "activity_lines": [ 27.8, 27.682364, 26.740048, 26.165957 ] }, { "date": "2024-10-04", "close": 28.97, "volume": 6898422, "typical_volume": 8739003.2, "trend": 25.896333, "fair_value": 26.831987, "relative_strength": -2.883377, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.326214, "energy": 41.430744, "activity_lines": [ 28.186667, 27.932909, 27.034143, 26.363656 ] }, { "date": "2024-10-11", "close": 28.91, "volume": 9091645, "typical_volume": 8804047.25, "trend": 25.901667, "fair_value": 26.814295, "relative_strength": -3.73158, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.904979, "energy": 40.730642, "activity_lines": [ 28.518667, 28.152727, 27.299571, 26.558086 ] }, { "date": "2024-10-18", "close": 28.27, "volume": 7067084, "typical_volume": 8747536.1, "trend": 25.934333, "fair_value": 26.797756, "relative_strength": -5.490383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.180932, "energy": 36.486481, "activity_lines": [ 28.500667, 28.234545, 27.480762, 26.710882 ] }, { "date": "2024-10-25", "close": 26.09, "volume": 14206816, "typical_volume": 8967821.75, "trend": 25.901667, "fair_value": 26.770833, "relative_strength": -12.454524, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.733549, "energy": 21.404901, "activity_lines": [ 27.715333, 27.88, 27.431143, 26.720925 ] }, { "date": "2024-11-01", "close": 26.47, "volume": 6909195, "typical_volume": 8814160.55, "trend": 25.913333, "fair_value": 26.74609, "relative_strength": -9.348403, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.461477, "energy": 15.120423, "activity_lines": [ 27.220667, 27.615636, 27.407333, 26.757591 ] }, { "date": "2024-11-08", "close": 28.86, "volume": 9436377, "typical_volume": 8693977.85, "trend": 26.061333, "fair_value": 26.777372, "relative_strength": -6.081071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.443346, "energy": 21.3585, "activity_lines": [ 27.593333, 27.812727, 27.601762, 26.947699 ] }, { "date": "2024-11-15", "close": 28.19, "volume": 8142333, "typical_volume": 8648998.9, "trend": 26.206, "fair_value": 26.809103, "relative_strength": -4.817892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.776667, "energy": 17.507033, "activity_lines": [ 27.75, 27.880545, 27.713762, 27.085032 ] }, { "date": "2024-11-22", "close": 28.78, "volume": 8611721, "typical_volume": 8885377.7, "trend": 26.342667, "fair_value": 26.849551, "relative_strength": -4.407773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.753158, "energy": 27.533023, "activity_lines": [ 28.151333, 28.031455, 27.862476, 27.251097 ] }, { "date": "2024-11-29", "close": 29.02, "volume": 4984163, "typical_volume": 8676386.9, "trend": 26.508333, "fair_value": 26.894295, "relative_strength": -4.178389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.3416, "energy": 39.014691, "activity_lines": [ 28.598667, 28.205636, 28.012667, 27.423828 ] }, { "date": "2024-12-06", "close": 31.46, "volume": 7160680, "typical_volume": 8539383.55, "trend": 26.755333, "fair_value": 26.956026, "relative_strength": 0.791887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.871978, "energy": 62.199062, "activity_lines": [ 29.664, 28.814909, 28.369286, 27.74329 ] }, { "date": "2024-12-13", "close": 30.51, "volume": 7048949, "typical_volume": 8104602.75, "trend": 26.967333, "fair_value": 27.001859, "relative_strength": -2.663203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.405725, "energy": 63.669916, "activity_lines": [ 30.08, 29.18, 28.603857, 27.985527 ] }, { "date": "2024-12-20", "close": 29.71, "volume": 13705138, "typical_volume": 8317777.65, "trend": 27.157, "fair_value": 27.037885, "relative_strength": -2.684589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.84236, "energy": 58.464042, "activity_lines": [ 30.119333, 29.371636, 28.749714, 28.162473 ] }, { "date": "2024-12-27", "close": 29.55, "volume": 3370738, "typical_volume": 7978942.65, "trend": 27.362, "fair_value": 27.078205, "relative_strength": -3.720147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.105156, "energy": 52.103825, "activity_lines": [ 30.004, 29.519636, 28.870857, 28.31686 ] }, { "date": "2025-01-03", "close": 29.04, "volume": 4553191, "typical_volume": 7867232.8, "trend": 27.533, "fair_value": 27.110449, "relative_strength": -4.140519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.106348, "energy": 30.721026, "activity_lines": [ 29.667333, 29.551636, 28.926857, 28.425118 ] }, { "date": "2025-01-10", "close": 28.08, "volume": 5754427, "typical_volume": 7833516.75, "trend": 27.652333, "fair_value": 27.12859, "relative_strength": -4.79226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.907766, "energy": 14.63599, "activity_lines": [ 29.009333, 29.355455, 28.882905, 28.460409 ] }, { "date": "2025-01-17", "close": 29.47, "volume": 6974988, "typical_volume": 7921335.05, "trend": 27.803, "fair_value": 27.163654, "relative_strength": -2.538693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.667259, "energy": 16.889049, "activity_lines": [ 29.04, 29.382727, 28.970714, 28.577677 ] }, { "date": "2025-01-24", "close": 31.19, "volume": 6578897, "typical_volume": 7944581.2, "trend": 28.039333, "fair_value": 27.202821, "relative_strength": 1.847876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.624477, "energy": 28.694544, "activity_lines": [ 29.713333, 29.711636, 29.217476, 28.796194 ] }, { "date": "2025-01-31", "close": 31.53, "volume": 6844863, "typical_volume": 7906624.35, "trend": 28.280667, "fair_value": 27.252949, "relative_strength": 4.486013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.371504, "energy": 41.945687, "activity_lines": [ 30.401333, 30.047818, 29.476, 29.021398 ] }, { "date": "2025-02-07", "close": 31.57, "volume": 7102726, "typical_volume": 7657885.75, "trend": 28.547333, "fair_value": 27.306603, "relative_strength": 4.579829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.665465, "energy": 63.840421, "activity_lines": [ 30.970667, 30.341273, 29.719905, 29.233613 ] }, { "date": "2025-02-14", "close": 35.89, "volume": 16438039, "typical_volume": 8044019.6, "trend": 28.916, "fair_value": 27.375897, "relative_strength": 15.853376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.523879, "energy": 86.493603, "activity_lines": [ 32.811333, 31.373818, 30.360857, 29.707333 ] }, { "date": "2025-02-21", "close": 35.32, "volume": 6219159, "typical_volume": 8010056.45, "trend": 29.164, "fair_value": 27.443269, "relative_strength": 16.666793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.905137, "energy": 89.822003, "activity_lines": [ 33.941333, 32.222182, 30.907714, 30.120495 ] }, { "date": "2025-02-28", "close": 34.33, "volume": 7742041, "typical_volume": 7942576.25, "trend": 29.384333, "fair_value": 27.514744, "relative_strength": 17.421042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.833543, "energy": 83.572121, "activity_lines": [ 34.351333, 32.803091, 31.330048, 30.453785 ] }, { "date": "2025-03-07", "close": 34.35, "volume": 8612402, "typical_volume": 8019842.15, "trend": 29.660333, "fair_value": 27.578654, "relative_strength": 21.288079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.777127, "energy": 83.544494, "activity_lines": [ 34.558667, 33.303636, 31.728476, 30.774151 ] }, { "date": "2025-03-14", "close": 34.03, "volume": 9431053, "typical_volume": 7781054.0, "trend": 29.886333, "fair_value": 27.629359, "relative_strength": 23.020304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.766324, "energy": 66.334005, "activity_lines": [ 34.471333, 33.658727, 32.067476, 31.056065 ] }, { "date": "2025-03-21", "close": 34.6, "volume": 9519270, "typical_volume": 7911557.75, "trend": 30.108, "fair_value": 27.675321, "relative_strength": 24.336959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.397085, "energy": 53.259989, "activity_lines": [ 34.41, 34.026727, 32.422952, 31.360172 ] }, { "date": "2025-03-28", "close": 33.21, "volume": 6181751, "typical_volume": 7748826.45, "trend": 30.266667, "fair_value": 27.708333, "relative_strength": 21.808922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.939341, "energy": 38.63642, "activity_lines": [ 33.971333, 34.023455, 32.607333, 31.560301 ] }, { "date": "2025-04-04", "close": 30.06, "volume": 8067324, "typical_volume": 7745076.0, "trend": 30.373333, "fair_value": 27.71109, "relative_strength": 21.863071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.834737, "energy": 15.140612, "activity_lines": [ 32.623333, 33.379455, 32.471, 31.546968 ] }, { "date": "2025-04-11", "close": 27.0, "volume": 12434734, "typical_volume": 7936226.65, "trend": 30.351333, "fair_value": 27.695962, "relative_strength": 1.70194, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.903998, "energy": 22.654437, "activity_lines": [ 30.54, 32.199636, 32.034333, 31.329333 ] }, { "date": "2025-04-18", "close": 27.0, "volume": 7898000, "typical_volume": 8081918.5, "trend": 30.299667, "fair_value": 27.688269, "relative_strength": 3.960475, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.610739, "energy": 44.132091, "activity_lines": [ 28.946667, 31.102182, 31.606143, 31.113118 ] }, { "date": "2025-04-25", "close": 27.84, "volume": 8797695, "typical_volume": 8163769.25, "trend": 30.31, "fair_value": 27.681795, "relative_strength": 0.695831, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.847826, "energy": 51.060218, "activity_lines": [ 28.102, 30.240545, 31.267571, 30.95443 ] }, { "date": "2025-05-02", "close": 31.78, "volume": 12203208, "typical_volume": 8421482.2, "trend": 30.403667, "fair_value": 27.708397, "relative_strength": 10.776668, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.056488, "energy": 36.643817, "activity_lines": [ 29.021333, 30.241636, 31.321476, 31.049269 ] }, { "date": "2025-05-09", "close": 30.13, "volume": 8403916, "typical_volume": 8156421.1, "trend": 30.444333, "fair_value": 27.729231, "relative_strength": 4.969163, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.090837, "energy": 24.187382, "activity_lines": [ 29.486, 30.007091, 31.21219, 31.031613 ] }, { "date": "2025-05-16", "close": 31.42, "volume": 5294758, "typical_volume": 8252622.1, "trend": 30.549333, "fair_value": 27.738333, "relative_strength": 2.20737, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.00422, "energy": 5.489048, "activity_lines": [ 30.376, 30.083455, 31.223762, 31.094559 ] }, { "date": "2025-05-23", "close": 29.35, "volume": 6016113, "typical_volume": 8325768.2, "trend": 30.658, "fair_value": 27.730705, "relative_strength": -2.380738, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.593746, "energy": 10.032794, "activity_lines": [ 30.281333, 29.836727, 31.029286, 31.017183 ] }, { "date": "2025-05-30", "close": 30.61, "volume": 8865705, "typical_volume": 8481332.1, "trend": 30.796, "fair_value": 27.739038, "relative_strength": -0.344219, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.780999, "energy": 8.060712, "activity_lines": [ 30.45, 29.904182, 30.953333, 31.014086 ] }, { "date": "2025-06-06", "close": 31.71, "volume": 5629055, "typical_volume": 8414035.45, "trend": 30.891, "fair_value": 27.766282, "relative_strength": 0.87272, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.538568, "energy": 10.192476, "activity_lines": [ 30.800667, 30.244182, 30.970095, 31.073054 ] }, { "date": "2025-06-13", "close": 29.83, "volume": 7632957, "typical_volume": 8466738.45, "trend": 30.945667, "fair_value": 27.777821, "relative_strength": -4.734366, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.634848, "energy": 6.387279, "activity_lines": [ 30.529333, 30.269636, 30.797143, 31.004602 ] }, { "date": "2025-06-20", "close": 29.09, "volume": 9655853, "typical_volume": 8607287.95, "trend": 30.956, "fair_value": 27.773846, "relative_strength": -7.163101, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.187442, "energy": 23.163025, "activity_lines": [ 30.031333, 30.164727, 30.56019, 30.884882 ] }, { "date": "2025-06-27", "close": 28.81, "volume": 9192767, "typical_volume": 8711790.0, "trend": 30.949, "fair_value": 27.762821, "relative_strength": -11.777724, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.627891, "energy": 31.682374, "activity_lines": [ 29.595333, 29.970909, 30.30819, 30.74643 ] }, { "date": "2025-07-04", "close": 28.85, "volume": 6564520, "typical_volume": 8218114.05, "trend": 30.862, "fair_value": 27.74359, "relative_strength": -13.02061, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.569871, "energy": 49.140898, "activity_lines": [ 29.208667, 29.751455, 30.073143, 30.611011 ] }, { "date": "2025-07-11", "close": 30.28, "volume": 8642589, "typical_volume": 8339285.55, "trend": 30.854333, "fair_value": 27.745833, "relative_strength": -8.575243, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.334025, "energy": 45.369405, "activity_lines": [ 29.416, 29.773636, 30.00781, 30.573462 ] }, { "date": "2025-07-18", "close": 29.22, "volume": 7912893, "typical_volume": 8347828.15, "trend": 30.838, "fair_value": 27.748397, "relative_strength": -12.872089, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.605288, "energy": 41.402401, "activity_lines": [ 29.365333, 29.630364, 29.865524, 30.468022 ] }, { "date": "2025-07-25", "close": 26.13, "volume": 14045402, "typical_volume": 8619478.15, "trend": 30.724, "fair_value": 27.751795, "relative_strength": -22.428791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.324539, "energy": 61.214397, "activity_lines": [ 28.325333, 28.941818, 29.453286, 30.16428 ] }, { "date": "2025-08-01", "close": 26.55, "volume": 14443334, "typical_volume": 8870092.2, "trend": 30.641, "fair_value": 27.756795, "relative_strength": -19.033332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.015047, "energy": 66.68057, "activity_lines": [ 27.622667, 28.425818, 29.12019, 29.894989 ] }, { "date": "2025-08-08", "close": 26.71, "volume": 6685386, "typical_volume": 8728398.0, "trend": 30.595333, "fair_value": 27.760385, "relative_strength": -21.175852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.681467, "energy": 73.419264, "activity_lines": [ 27.124, 27.989818, 28.837952, 29.641376 ] }, { "date": "2025-08-15", "close": 29.05, "volume": 6087324, "typical_volume": 8723676.65, "trend": 30.581333, "fair_value": 27.784679, "relative_strength": -14.479085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.634331, "energy": 61.810883, "activity_lines": [ 27.548, 28.050182, 28.816143, 29.541677 ] }, { "date": "2025-08-22", "close": 29.75, "volume": 7036534, "typical_volume": 8672137.15, "trend": 30.533333, "fair_value": 27.818077, "relative_strength": -11.406666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.893739, "energy": 26.681137, "activity_lines": [ 28.287333, 28.286182, 28.88081, 29.488043 ] }, { "date": "2025-08-29", "close": 28.97, "volume": 6197877, "typical_volume": 8360294.3, "trend": 30.448, "fair_value": 27.846667, "relative_strength": -13.22825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.354359, "energy": 18.033457, "activity_lines": [ 28.731333, 28.381818, 28.872667, 29.387183 ] }, { "date": "2025-09-05", "close": 29.94, "volume": 8929737, "typical_volume": 8411881.15, "trend": 30.393667, "fair_value": 27.884679, "relative_strength": -10.963427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.795834, "energy": 18.741897, "activity_lines": [ 29.309333, 28.656, 28.947524, 29.354409 ] }, { "date": "2025-09-12", "close": 26.97, "volume": 15991209, "typical_volume": 8771556.85, "trend": 30.096333, "fair_value": 27.907756, "relative_strength": -20.918105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.459301, "energy": 21.742822, "activity_lines": [ 28.671333, 28.369636, 28.725524, 29.133527 ] }, { "date": "2025-09-19", "close": 27.79, "volume": 11026634, "typical_volume": 8712728.15, "trend": 29.845333, "fair_value": 27.942821, "relative_strength": -19.890725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.750847, "energy": 18.974232, "activity_lines": [ 28.289333, 28.266545, 28.585762, 28.984731 ] }, { "date": "2025-09-26", "close": 27.89, "volume": 8289922, "typical_volume": 8707028.45, "trend": 29.630667, "fair_value": 27.978462, "relative_strength": -18.968952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.987957, "energy": 25.439741, "activity_lines": [ 28.024667, 28.226909, 28.474524, 28.858581 ] }, { "date": "2025-10-03", "close": 31.06, "volume": 9918822, "typical_volume": 8938231.65, "trend": 29.521, "fair_value": 28.035705, "relative_strength": -10.591345, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.999582, "energy": 4.576965, "activity_lines": [ 28.940667, 28.787818, 28.675857, 28.950796 ] }, { "date": "2025-10-10", "close": 31.21, "volume": 8080311, "typical_volume": 9041441.55, "trend": 29.427, "fair_value": 28.090769, "relative_strength": -7.891183, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.216394, "energy": 18.035011, "activity_lines": [ 29.767333, 29.286364, 28.89319, 29.059763 ] }, { "date": "2025-10-17", "close": 30.26, "volume": 10312084, "typical_volume": 9113760.5, "trend": 29.282333, "fair_value": 28.142051, "relative_strength": -12.613159, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.692086, "energy": 26.322744, "activity_lines": [ 30.192667, 29.527455, 29.01119, 29.113505 ] }, { "date": "2025-10-24", "close": 29.8, "volume": 14005046, "typical_volume": 9532560.05, "trend": 29.168667, "fair_value": 28.183526, "relative_strength": -15.64628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.60996, "energy": 27.395162, "activity_lines": [ 30.245333, 29.620364, 29.087048, 29.146903 ] }, { "date": "2025-10-31", "close": 30.7, "volume": 14532155, "typical_volume": 9877519.95, "trend": 29.19, "fair_value": 28.226603, "relative_strength": -14.58605, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.774948, "energy": 47.548048, "activity_lines": [ 30.464, 29.863273, 29.257714, 29.245699 ] }, { "date": "2025-11-07", "close": 32.89, "volume": 15872187, "typical_volume": 10188336.65, "trend": 29.386333, "fair_value": 28.286218, "relative_strength": -5.512834, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.117442, "energy": 48.597755, "activity_lines": [ 31.225333, 30.487091, 29.63281, 29.484409 ] }, { "date": "2025-11-14", "close": 29.04, "volume": 21302370, "typical_volume": 10793816.8, "trend": 29.454333, "fair_value": 28.322115, "relative_strength": -16.187904, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.270906, "energy": 23.769738, "activity_lines": [ 30.581333, 30.339636, 29.623143, 29.462065 ] }, { "date": "2025-11-21", "close": 28.61, "volume": 11170330, "typical_volume": 11024107.3, "trend": 29.48, "fair_value": 28.350385, "relative_strength": -14.547793, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.53733, "energy": 4.459591, "activity_lines": [ 29.938667, 30.130364, 29.571429, 29.407591 ] }, { "date": "2025-11-28", "close": 29.58, "volume": 7742935, "typical_volume": 10979124.6, "trend": 29.406667, "fair_value": 28.372756, "relative_strength": -15.54277, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.112926, "energy": 11.971627, "activity_lines": [ 29.729333, 30.067636, 29.613238, 29.414043 ] }, { "date": "2025-12-05", "close": 29.52, "volume": 8018323, "typical_volume": 10984396.1, "trend": 29.386333, "fair_value": 28.403654, "relative_strength": -16.1866, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.564891, "energy": 15.843927, "activity_lines": [ 29.514667, 29.961455, 29.652667, 29.421355 ] }, { "date": "2025-12-12", "close": 28.5, "volume": 9194665, "typical_volume": 10741859.25, "trend": 29.289, "fair_value": 28.422756, "relative_strength": -17.197121, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.786131, "energy": 8.395927, "activity_lines": [ 29.038667, 29.640182, 29.593524, 29.364172 ] }, { "date": "2025-12-19", "close": 28.45, "volume": 11402201, "typical_volume": 10589802.6, "trend": 29.259, "fair_value": 28.441731, "relative_strength": -17.477031, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.101995, "energy": 12.287363, "activity_lines": [ 28.838667, 29.356364, 29.518333, 29.310043 ] }, { "date": "2025-12-26", "close": 28.49, "volume": 4046111, "typical_volume": 10457838.85, "trend": 29.188333, "fair_value": 28.456859, "relative_strength": -18.057139, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.727058, "energy": 15.541892, "activity_lines": [ 28.691333, 29.13, 29.437905, 29.26043 ] }, { "date": "2026-01-02", "close": 28.26, "volume": 4684127, "typical_volume": 10387679.0, "trend": 29.073333, "fair_value": 28.464231, "relative_strength": -16.999085, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.841544, "energy": 22.029867, "activity_lines": [ 28.475333, 28.894, 29.327095, 29.200538 ] }, { "date": "2026-01-09", "close": 29.66, "volume": 11091802, "typical_volume": 10590442.4, "trend": 29.067667, "fair_value": 28.479295, "relative_strength": -14.522075, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.732528, "energy": 7.307895, "activity_lines": [ 28.814, 28.940545, 29.353381, 29.238387 ] }, { "date": "2026-01-16", "close": 31.63, "volume": 10934511, "typical_volume": 10827274.1, "trend": 29.152333, "fair_value": 28.504359, "relative_strength": -7.866487, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.039263, "energy": 18.769531, "activity_lines": [ 29.8, 29.364182, 29.567714, 29.403699 ] }, { "date": "2026-01-23", "close": 33.61, "volume": 11201961, "typical_volume": 10940885.3, "trend": 29.312333, "fair_value": 28.533782, "relative_strength": -2.151074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.238089, "energy": 49.148755, "activity_lines": [ 31.237333, 30.170727, 29.957952, 29.69129 ] }, { "date": "2026-01-30", "close": 33.89, "volume": 10953468, "typical_volume": 10688998.25, "trend": 29.480333, "fair_value": 28.575705, "relative_strength": -0.987907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.464213, "energy": 65.13726, "activity_lines": [ 32.424, 30.945091, 30.357381, 29.986624 ] }, { "date": "2026-02-06", "close": 34.91, "volume": 8297102, "typical_volume": 10552521.65, "trend": 29.634667, "fair_value": 28.625833, "relative_strength": 4.160661, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.239325, "energy": 79.134041, "activity_lines": [ 33.590667, 31.808909, 30.821, 30.336925 ] }, { "date": "2026-02-13", "close": 33.16, "volume": 7116333, "typical_volume": 10493842.2, "trend": 29.766, "fair_value": 28.658462, "relative_strength": 0.629947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.43917, "energy": 78.14436, "activity_lines": [ 33.730667, 32.257636, 31.084048, 30.564366 ] }, { "date": "2026-02-20", "close": 31.91, "volume": 6624456, "typical_volume": 10329123.9, "trend": 29.958667, "fair_value": 28.688782, "relative_strength": -3.750099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.565659, "energy": 68.219968, "activity_lines": [ 33.220667, 32.412909, 31.202952, 30.702688 ] }, { "date": "2026-02-27", "close": 30.1, "volume": 13366063, "typical_volume": 10593411.5, "trend": 30.077, "fair_value": 28.707051, "relative_strength": -8.389326, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.363142, "energy": 26.076877, "activity_lines": [ 32.088667, 32.177091, 31.145429, 30.711806 ] }, { "date": "2026-03-06", "close": 28.63, "volume": 10721892, "typical_volume": 10613901.9, "trend": 30.141, "fair_value": 28.72, "relative_strength": -11.057791, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 8.06114, "energy": 14.963965, "activity_lines": [ 30.700667, 31.644, 30.95319, 30.618452 ] }, { "date": "2026-03-13", "close": 27.76, "volume": 11631311, "typical_volume": 10495215.15, "trend": 30.098, "fair_value": 28.73109, "relative_strength": -12.111698, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -20.117438, "energy": 29.698954, "activity_lines": [ 29.373333, 30.950182, 30.685857, 30.464839 ] }, { "date": "2026-03-20", "close": 28.15, "volume": 12483764, "typical_volume": 10392795.6, "trend": 30.044667, "fair_value": 28.741731, "relative_strength": -8.297513, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.94915, "energy": 34.78139, "activity_lines": [ 28.652667, 30.336364, 30.465381, 30.339161 ] }, { "date": "2026-03-27", "close": 29.39, "volume": 12195334, "typical_volume": 10208952.95, "trend": 30.058667, "fair_value": 28.749423, "relative_strength": -0.379814, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.124424, "energy": 30.696047, "activity_lines": [ 28.679333, 29.975455, 30.375143, 30.296925 ] }, { "date": "2026-04-03", "close": 34.84, "volume": 21804369, "typical_volume": 10234052.9, "trend": 30.222, "fair_value": 28.785449, "relative_strength": 14.069374, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.245305, "energy": 19.395425, "activity_lines": [ 30.690667, 30.646182, 30.820619, 30.605398 ] }, { "date": "2026-04-10", "close": 33.36, "volume": 11477957, "typical_volume": 10249434.25, "trend": 30.435, "fair_value": 28.811154, "relative_strength": 4.757573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.961681, "energy": 26.787537, "activity_lines": [ 31.892667, 31.025455, 31.097524, 30.807849 ] }, { "date": "2026-04-17", "close": 34.53, "volume": 9491560, "typical_volume": 10336865.5, "trend": 30.659667, "fair_value": 28.844167, "relative_strength": 2.415575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.574353, "energy": 44.689124, "activity_lines": [ 33.169333, 31.627091, 31.463238, 31.072043 ] }, { "date": "2026-04-24", "close": 33.31, "volume": 5755906, "typical_volume": 10223744.65, "trend": 30.840333, "fair_value": 28.874679, "relative_strength": -3.011384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.633637, "energy": 53.300046, "activity_lines": [ 33.588, 32.013818, 31.68919, 31.243032 ] }, { "date": "2026-05-01", "close": 33.38, "volume": 9058450, "typical_volume": 10216933.9, "trend": 30.917667, "fair_value": 28.899872, "relative_strength": -3.724937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.882057, "energy": 61.689246, "activity_lines": [ 33.686, 32.410545, 31.903762, 31.406882 ] }, { "date": "2026-05-08", "close": 34.99, "volume": 13146062, "typical_volume": 10304126.95, "trend": 31.043667, "fair_value": 28.924423, "relative_strength": -3.883534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.251204, "energy": 60.927925, "activity_lines": [ 34.054667, 33.073273, 32.248429, 31.669613 ] }, { "date": "2026-05-15", "close": 37.48, "volume": 12656595, "typical_volume": 10734651.15, "trend": 31.284333, "fair_value": 28.969295, "relative_strength": 3.586321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.572019, "energy": 63.866487, "activity_lines": [ 35.243333, 34.099818, 32.799095, 32.08486 ] }, { "date": "2026-05-22", "close": 36.8, "volume": 8144179, "typical_volume": 10907653.75, "trend": 31.517667, "fair_value": 29.017244, "relative_strength": 0.735591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.956643, "energy": 64.117527, "activity_lines": [ 35.930667, 34.841818, 33.24219, 32.44071 ] }, { "date": "2026-05-29", "close": 42.19, "volume": 10552703, "typical_volume": 10880698.8, "trend": 31.900667, "fair_value": 29.098526, "relative_strength": 12.327688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.502109, "energy": 85.30292, "activity_lines": [ 38.263333, 36.399455, 34.157952, 33.129247 ] }, { "date": "2026-06-05", "close": 42.8, "volume": 10171945, "typical_volume": 10842570.5, "trend": 32.231, "fair_value": 29.173333, "relative_strength": 19.296601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.386349, "energy": 89.858071, "activity_lines": [ 40.207333, 37.812727, 35.072143, 33.83243 ] }, { "date": "2026-06-12", "close": 44.28, "volume": 9269508, "typical_volume": 10745947.85, "trend": 32.739, "fair_value": 29.250833, "relative_strength": 20.428347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.895684, "energy": 92.225157, "activity_lines": [ 42.016667, 39.251273, 36.074095, 34.609785 ] }, { "date": "2026-06-19", "close": 44.99, "volume": 12412484, "typical_volume": 10818898.65, "trend": 33.285, "fair_value": 29.325513, "relative_strength": 18.935093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.901512, "energy": 91.527204, "activity_lines": [ 43.443333, 40.647273, 37.092857, 35.400172 ] }, { "date": "2026-06-26", "close": 55.08, "volume": 20219293, "typical_volume": 11415008.2, "trend": 34.135, "fair_value": 29.477949, "relative_strength": 51.037026, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.726709, "energy": 97.638961, "activity_lines": [ 47.732667, 43.666364, 39.019714, 36.806301 ] }, { "date": "2026-07-03", "close": 54.58, "volume": 9191616, "typical_volume": 11518772.35, "trend": 34.970333, "fair_value": 29.636282, "relative_strength": 47.044914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.913232, "energy": 96.330841, "activity_lines": [ 50.636667, 46.220909, 40.802905, 38.125333 ] }, { "date": "2026-07-10", "close": 51.94, "volume": 8494536, "typical_volume": 11612276.35, "trend": 35.751667, "fair_value": 29.774103, "relative_strength": 36.597588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.451146, "energy": 88.983929, "activity_lines": [ 51.834667, 47.908727, 42.232667, 39.220151 ] }, { "date": "2026-07-17", "close": 52.72, "volume": 8474064, "typical_volume": 11367676.4, "trend": 36.560667, "fair_value": 29.907436, "relative_strength": 43.42656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.971719, "energy": 88.086957, "activity_lines": [ 52.683333, 49.400909, 43.641333, 40.314882 ] }, { "date": "2026-07-24", "close": 52.89, "volume": 6734893, "typical_volume": 11168326.45, "trend": 37.374, "fair_value": 30.062115, "relative_strength": 44.593082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.937018, "energy": 76.000608, "activity_lines": [ 53.026, 50.601636, 44.958476, 41.368387 ] }, { "date": "2026-07-31", "close": 48.99, "volume": 12356378, "typical_volume": 11204579.8, "trend": 38.065, "fair_value": 30.199231, "relative_strength": 32.101584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.391717, "energy": 61.935437, "activity_lines": [ 51.542, 50.813091, 45.788667, 42.117806 ] }, { "date": "2026-08-07", "close": 49.17, "volume": 7653429, "typical_volume": 10963063.05, "trend": 38.715333, "fair_value": 30.334744, "relative_strength": 25.207933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.612493, "energy": 50.263336, "activity_lines": [ 50.524, 50.835636, 46.534905, 42.834258 ] } ], "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." } } }