{ "ticker": { "uuid": "50ee0de0-4b61-4b61-88d2-3d42976e137e", "symbol": "AMCR", "name": "Amcor PLC", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 54.828, "architecture_energy": 63.118, "architecture_maturity": 21.414, "architecture_confidence": 72.128, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 14.34, "rotation_up": 72.34, "upward_expansion": 61.72, "deceleration": 23.48, "rotation_down": 18.77, "downward_expansion": 20.06 }, "activity_lines": [ 45.566667, 44.458, 42.270051, 41.832131 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 47.86, "trend_reference": 41.884222, "distance_from_trend": 0.142674, "trend_direction": "Improving", "fair_value": 42.883812, "distance_from_fair_value": 0.116039, "fair_value_direction": "Improving", "relative_strength": 3.813261, "relative_strength_direction": "Improving", "price_momentum": 0.023466, "excess_performance": -0.102159, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.142674, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021146, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.116039, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.200954, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038133, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.200912, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.023466, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.321518, "read": "Demand-led" } ], "volume": { "latest": 15424051, "relative_activity": 0.799187, "balance": 3.321518, "dry_up": 0.959321, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.057927, "annualized_volatility": 0.345085, "from_high_reference": -0.032188, "from_low_reference": 0.34214 }, "levels": { "trend_reference": 41.884222, "fair_value_reference": 42.883812, "structural_low": 35.659461, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.002208, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.008343, "regime_survival": 0.375, "best_return": 0.109035, "worst_return": -0.105749, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.122223, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.132972, "regime_survival": 0.0, "best_return": 0.063995, "worst_return": -0.151433, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.008973, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.127293, "regime_survival": 0.25, "best_return": 0.064849, "worst_return": -0.171983, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.028829, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.230174, "regime_survival": 0.666667, "best_return": 0.108487, "worst_return": -0.180283, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.056701, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.088933, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-27", "tenure": "Developing", "return": -0.001098, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-18", "tenure": "New", "return": -0.009346, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": -0.103696, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": -0.009185, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-05", "end": "2025-11-28", "tenure": "Established", "return": 0.042169, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-23", "tenure": "Developing", "return": 0.066988, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": 0.131977, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.185776, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.043103, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-06-19", "tenure": "Developing", "return": 0.138193, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.045782, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.108384, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 40.665241, "volume": 39062666, "typical_volume": 36903913.4, "trend": 44.565235, "fair_value": 46.419861, "relative_strength": -19.14059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.325703, "energy": 43.951628, "activity_lines": [ 41.534919, 41.936923, 42.444654, 43.288042 ] }, { "date": "2023-08-25", "close": 40.027855, "volume": 27332685, "typical_volume": 36486617.45, "trend": 44.245316, "fair_value": 46.405347, "relative_strength": -20.56094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.659518, "energy": 66.404034, "activity_lines": [ 40.897533, 41.533632, 42.136704, 42.995308 ] }, { "date": "2023-09-01", "close": 41.557582, "volume": 31716388, "typical_volume": 36278258.8, "trend": 43.965314, "fair_value": 46.403509, "relative_strength": -19.104872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.505212, "energy": 56.1608, "activity_lines": [ 40.940025, 41.480323, 42.008749, 42.821906 ] }, { "date": "2023-09-08", "close": 39.824333, "volume": 31774551, "typical_volume": 36240187.85, "trend": 43.724434, "fair_value": 46.389587, "relative_strength": -20.999668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.870628, "energy": 61.659086, "activity_lines": [ 40.529413, 41.118831, 41.739746, 42.554745 ] }, { "date": "2023-09-15", "close": 40.254867, "volume": 42412478, "typical_volume": 36392894.55, "trend": 43.485448, "fair_value": 46.3738, "relative_strength": -19.560267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.926093, "energy": 52.322304, "activity_lines": [ 40.397691, 40.882584, 41.543224, 42.330902 ] }, { "date": "2023-09-22", "close": 38.963267, "volume": 25821253, "typical_volume": 34597400.05, "trend": 43.222787, "fair_value": 46.3602, "relative_strength": -19.330061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.991497, "energy": 54.593004, "activity_lines": [ 39.896788, 40.447548, 41.251319, 42.039149 ] }, { "date": "2023-09-29", "close": 39.436853, "volume": 33813577, "typical_volume": 34687138.85, "trend": 42.96574, "fair_value": 46.345011, "relative_strength": -17.317556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.290513, "energy": 59.455081, "activity_lines": [ 39.667212, 40.157376, 41.027301, 41.794895 ] }, { "date": "2023-10-06", "close": 38.1022, "volume": 36060434, "typical_volume": 34970194.8, "trend": 42.732779, "fair_value": 46.311287, "relative_strength": -20.011029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.025354, "energy": 69.905157, "activity_lines": [ 39.032152, 39.681641, 40.6943, 41.481118 ] }, { "date": "2023-10-13", "close": 37.499453, "volume": 31737285, "typical_volume": 34699318.4, "trend": 42.485324, "fair_value": 46.271752, "relative_strength": -21.091056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.174971, "energy": 79.385195, "activity_lines": [ 38.426535, 39.193135, 40.326979, 41.143484 ] }, { "date": "2023-10-20", "close": 36.638387, "volume": 40102597, "typical_volume": 34601251.2, "trend": 42.176979, "fair_value": 46.239598, "relative_strength": -20.472923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.004453, "energy": 82.608465, "activity_lines": [ 37.688888, 38.627263, 39.897179, 40.766263 ] }, { "date": "2023-10-27", "close": 37.284187, "volume": 38598016, "typical_volume": 34380125.3, "trend": 41.827184, "fair_value": 46.224728, "relative_strength": -16.480977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.98217, "energy": 78.040474, "activity_lines": [ 37.407606, 38.261297, 39.556152, 40.450599 ] }, { "date": "2023-11-03", "close": 39.221587, "volume": 69102904, "typical_volume": 35639403.2, "trend": 41.560163, "fair_value": 46.195746, "relative_strength": -16.497476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.576862, "energy": 52.91683, "activity_lines": [ 37.884063, 38.309058, 39.424643, 40.282495 ] }, { "date": "2023-11-10", "close": 39.049373, "volume": 33474681, "typical_volume": 35929817.65, "trend": 41.308393, "fair_value": 46.159087, "relative_strength": -17.491349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.549715, "energy": 42.821682, "activity_lines": [ 38.317467, 38.340168, 39.299391, 40.120509 ] }, { "date": "2023-11-17", "close": 40.340973, "volume": 39018135, "typical_volume": 36483989.0, "trend": 41.105274, "fair_value": 46.127301, "relative_strength": -16.159528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.981876, "energy": 19.877372, "activity_lines": [ 39.118259, 38.651717, 39.310913, 40.058095 ] }, { "date": "2023-11-24", "close": 40.843076, "volume": 20900228, "typical_volume": 35929413.4, "trend": 40.931488, "fair_value": 46.106848, "relative_strength": -15.393377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.783256, "energy": 21.367773, "activity_lines": [ 39.896983, 39.045165, 39.380094, 40.041179 ] }, { "date": "2023-12-01", "close": 41.715791, "volume": 40367769, "typical_volume": 36322254.65, "trend": 40.863762, "fair_value": 46.090515, "relative_strength": -13.694464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.890591, "energy": 25.498279, "activity_lines": [ 40.686301, 39.586593, 39.539031, 40.091779 ] }, { "date": "2023-12-08", "close": 42.108513, "volume": 46841238, "typical_volume": 37340354.85, "trend": 40.825922, "fair_value": 46.079158, "relative_strength": -12.431274, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.364977, "energy": 39.082407, "activity_lines": [ 41.311085, 40.149379, 39.737652, 40.172086 ] }, { "date": "2023-12-15", "close": 41.890334, "volume": 61306804, "typical_volume": 38936903.65, "trend": 40.790605, "fair_value": 46.060993, "relative_strength": -14.239229, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.944943, "energy": 43.943033, "activity_lines": [ 41.670681, 40.623921, 39.917727, 40.240757 ] }, { "date": "2023-12-22", "close": 42.23942, "volume": 30723416, "typical_volume": 37614107.75, "trend": 40.811916, "fair_value": 46.045558, "relative_strength": -13.617061, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.516207, "energy": 54.460676, "activity_lines": [ 41.957242, 41.093058, 40.138367, 40.334229 ] }, { "date": "2023-12-29", "close": 42.064877, "volume": 22506666, "typical_volume": 37133688.55, "trend": 40.801914, "fair_value": 46.025807, "relative_strength": -13.585348, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.254521, "energy": 48.206487, "activity_lines": [ 42.059059, 41.444278, 40.340553, 40.415065 ] }, { "date": "2024-01-05", "close": 42.501235, "volume": 40229997, "typical_volume": 37192055.1, "trend": 40.800792, "fair_value": 46.015492, "relative_strength": -10.609749, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.607888, "energy": 40.781076, "activity_lines": [ 42.224875, 41.776173, 40.58006, 40.524699 ] }, { "date": "2024-01-12", "close": 42.544871, "volume": 40723111, "typical_volume": 37861576.4, "trend": 40.752966, "fair_value": 46.016521, "relative_strength": -11.50773, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.480086, "energy": 40.202412, "activity_lines": [ 42.352873, 42.021147, 40.81498, 40.63722 ] }, { "date": "2024-01-19", "close": 41.323069, "volume": 24794568, "typical_volume": 37515485.4, "trend": 40.732401, "fair_value": 46.008735, "relative_strength": -14.406444, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.973293, "energy": 28.183098, "activity_lines": [ 42.044514, 41.983551, 40.921553, 40.674001 ] }, { "date": "2024-01-26", "close": 41.62852, "volume": 33648859, "typical_volume": 37609200.8, "trend": 40.706437, "fair_value": 46.006595, "relative_strength": -14.013769, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.133527, "energy": 29.264752, "activity_lines": [ 41.875789, 41.960151, 41.058333, 40.731815 ] }, { "date": "2024-02-02", "close": 40.973983, "volume": 50348622, "typical_volume": 38006008.0, "trend": 40.664321, "fair_value": 45.987228, "relative_strength": -15.900588, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.985196, "energy": 20.246371, "activity_lines": [ 41.529612, 41.794336, 41.124184, 40.749076 ] }, { "date": "2024-02-09", "close": 39.708546, "volume": 73261292, "typical_volume": 40378009.95, "trend": 40.581441, "fair_value": 45.959011, "relative_strength": -19.013726, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.718325, "energy": 16.662166, "activity_lines": [ 40.834349, 41.39606, 41.066093, 40.687413 ] }, { "date": "2024-02-16", "close": 39.446732, "volume": 46735946, "typical_volume": 41024128.4, "trend": 40.477085, "fair_value": 45.931083, "relative_strength": -18.647663, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.106565, "energy": 19.735635, "activity_lines": [ 40.237993, 40.986677, 40.979519, 40.614206 ] }, { "date": "2024-02-23", "close": 40.450354, "volume": 34256127, "typical_volume": 40933913.05, "trend": 40.377855, "fair_value": 45.918611, "relative_strength": -17.286881, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.945955, "energy": 20.997408, "activity_lines": [ 40.182721, 40.808167, 40.988481, 40.612482 ] }, { "date": "2024-03-01", "close": 40.21889, "volume": 49591090, "typical_volume": 41826603.3, "trend": 40.323317, "fair_value": 45.888011, "relative_strength": -17.905995, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.021411, "energy": 21.381241, "activity_lines": [ 40.108476, 40.613755, 40.964216, 40.602226 ] }, { "date": "2024-03-08", "close": 41.41351, "volume": 44028451, "typical_volume": 42022896.0, "trend": 40.331263, "fair_value": 45.861094, "relative_strength": -14.632967, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.982532, "energy": 13.770618, "activity_lines": [ 40.526412, 40.673282, 41.040776, 40.672561 ] }, { "date": "2024-03-15", "close": 41.944452, "volume": 57706509, "typical_volume": 42978320.65, "trend": 40.373903, "fair_value": 45.849256, "relative_strength": -12.879125, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.941029, "energy": 22.125077, "activity_lines": [ 41.092027, 40.841188, 41.145163, 40.776638 ] }, { "date": "2024-03-22", "close": 40.838322, "volume": 35054688, "typical_volume": 41275909.85, "trend": 40.400919, "fair_value": 45.818404, "relative_strength": -16.359413, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.436416, "energy": 18.984108, "activity_lines": [ 41.139872, 40.818102, 41.122012, 40.8066 ] }, { "date": "2024-03-29", "close": 42.077188, "volume": 26619144, "typical_volume": 40933133.0, "trend": 40.418239, "fair_value": 45.798474, "relative_strength": -13.454076, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.489493, "energy": 29.78427, "activity_lines": [ 41.5079, 41.051293, 41.209149, 40.914747 ] }, { "date": "2024-04-05", "close": 40.749832, "volume": 34893162, "typical_volume": 40726884.35, "trend": 40.449089, "fair_value": 45.768296, "relative_strength": -14.754909, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.644806, "energy": 19.914026, "activity_lines": [ 41.325019, 41.029435, 41.155454, 40.93614 ] }, { "date": "2024-04-12", "close": 39.422476, "volume": 32228019, "typical_volume": 41293273.9, "trend": 40.421342, "fair_value": 45.724145, "relative_strength": -15.648912, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.523701, "energy": 4.195891, "activity_lines": [ 40.664291, 40.782216, 40.973397, 40.869907 ] }, { "date": "2024-04-19", "close": 39.687947, "volume": 31574613, "typical_volume": 40853616.1, "trend": 40.445498, "fair_value": 45.68716, "relative_strength": -11.756828, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.881966, "energy": 20.545388, "activity_lines": [ 40.224789, 40.611474, 40.823388, 40.822591 ] }, { "date": "2024-04-26", "close": 39.687947, "volume": 27924879, "typical_volume": 39907798.15, "trend": 40.453868, "fair_value": 45.649679, "relative_strength": -13.403109, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.780175, "energy": 31.871756, "activity_lines": [ 39.93572, 40.441106, 40.683035, 40.773717 ] }, { "date": "2024-05-03", "close": 44.289448, "volume": 68498811, "typical_volume": 40267398.5, "trend": 40.66011, "fair_value": 45.624305, "relative_strength": -3.504591, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 51.432108, "energy": 19.494872, "activity_lines": [ 41.257177, 41.102989, 40.992446, 41.021173 ] }, { "date": "2024-05-10", "close": 45.83803, "volume": 33614478, "typical_volume": 40411951.6, "trend": 40.938062, "fair_value": 45.610845, "relative_strength": -1.569863, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.180426, "energy": 67.408856, "activity_lines": [ 42.947344, 41.976631, 41.437918, 41.355233 ] }, { "date": "2024-05-17", "close": 45.439823, "volume": 38846718, "typical_volume": 41228954.2, "trend": 41.231444, "fair_value": 45.604521, "relative_strength": -3.633083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.6286, "energy": 79.358265, "activity_lines": [ 44.165561, 42.675705, 41.828328, 41.645669 ] }, { "date": "2024-05-24", "close": 44.525657, "volume": 32966324, "typical_volume": 40865770.55, "trend": 41.472826, "fair_value": 45.59387, "relative_strength": -5.234717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.877716, "energy": 78.108829, "activity_lines": [ 44.677901, 43.135361, 42.115604, 41.858199 ] }, { "date": "2024-05-31", "close": 45.555929, "volume": 61629734, "typical_volume": 41911101.7, "trend": 41.683971, "fair_value": 45.581041, "relative_strength": -2.363892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.964468, "energy": 80.914984, "activity_lines": [ 45.21115, 43.735409, 42.491361, 42.121625 ] }, { "date": "2024-06-07", "close": 44.839218, "volume": 45962562, "typical_volume": 42969501.4, "trend": 41.876965, "fair_value": 45.56136, "relative_strength": -4.755043, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.34562, "energy": 72.83137, "activity_lines": [ 45.114297, 44.119371, 42.784522, 42.325189 ] }, { "date": "2024-06-14", "close": 44.615246, "volume": 27717476, "typical_volume": 42672932.25, "trend": 42.019441, "fair_value": 45.562323, "relative_strength": -6.374815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.529629, "energy": 47.667611, "activity_lines": [ 44.906135, 44.412392, 43.039608, 42.501852 ] }, { "date": "2024-06-21", "close": 44.570451, "volume": 30393035, "typical_volume": 41675152.9, "trend": 42.143687, "fair_value": 45.556726, "relative_strength": -6.733878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.983299, "energy": 43.73141, "activity_lines": [ 44.764561, 44.626988, 43.276206, 42.666434 ] }, { "date": "2024-06-28", "close": 43.808946, "volume": 37821767, "typical_volume": 39903176.65, "trend": 42.213459, "fair_value": 45.548004, "relative_strength": -7.945413, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.623552, "energy": 31.155631, "activity_lines": [ 44.427109, 44.609529, 43.423153, 42.77387 ] }, { "date": "2024-07-05", "close": 42.554702, "volume": 36301465, "typical_volume": 39381452.6, "trend": 42.228332, "fair_value": 45.531995, "relative_strength": -11.854902, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.552324, "energy": 19.108128, "activity_lines": [ 43.719357, 44.289099, 43.431123, 42.795885 ] }, { "date": "2024-07-12", "close": 44.391274, "volume": 44858820, "typical_volume": 39911587.25, "trend": 42.311697, "fair_value": 45.529515, "relative_strength": -8.606819, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.746307, "energy": 20.346155, "activity_lines": [ 43.823878, 44.250467, 43.599204, 42.93543 ] }, { "date": "2024-07-19", "close": 45.287162, "volume": 64235568, "typical_volume": 40643811.15, "trend": 42.413288, "fair_value": 45.53629, "relative_strength": -4.619412, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.535739, "energy": 23.609768, "activity_lines": [ 44.25689, 44.372874, 43.833842, 43.127396 ] }, { "date": "2024-07-26", "close": 46.496612, "volume": 55157322, "typical_volume": 41200254.7, "trend": 42.561012, "fair_value": 45.544295, "relative_strength": -1.012131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.491908, "energy": 39.066839, "activity_lines": [ 45.048259, 44.725196, 44.159531, 43.390836 ] }, { "date": "2024-08-02", "close": 47.123734, "volume": 86907371, "typical_volume": 42660297.8, "trend": 42.715096, "fair_value": 45.552055, "relative_strength": 2.645646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.586232, "energy": 71.5671, "activity_lines": [ 45.920257, 45.172326, 44.520741, 43.685205 ] }, { "date": "2024-08-09", "close": 47.302911, "volume": 60553961, "typical_volume": 43935261.45, "trend": 42.873697, "fair_value": 45.550424, "relative_strength": 3.132326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.391269, "energy": 78.209159, "activity_lines": [ 46.630995, 45.604795, 44.874351, 43.981193 ] }, { "date": "2024-08-16", "close": 46.810173, "volume": 67931615, "typical_volume": 46000885.0, "trend": 43.0566, "fair_value": 45.529577, "relative_strength": -1.647014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.594095, "energy": 72.456474, "activity_lines": [ 46.86094, 45.915913, 45.150251, 44.235159 ] }, { "date": "2024-08-23", "close": 49.72181, "volume": 38125684, "typical_volume": 46162511.1, "trend": 43.326377, "fair_value": 45.527646, "relative_strength": 3.105188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.642324, "energy": 82.580977, "activity_lines": [ 47.90017, 46.720584, 45.680911, 44.665173 ] }, { "date": "2024-08-30", "close": 51.24482, "volume": 27641467, "typical_volume": 45933183.5, "trend": 43.668738, "fair_value": 45.537986, "relative_strength": 6.030365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.614016, "energy": 89.160664, "activity_lines": [ 49.151428, 47.709319, 46.313897, 45.17604 ] }, { "date": "2024-09-06", "close": 50.192152, "volume": 28263432, "typical_volume": 45767624.45, "trend": 44.018192, "fair_value": 45.548146, "relative_strength": 8.279765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.634064, "energy": 84.268061, "activity_lines": [ 49.735248, 48.385307, 46.790331, 45.596905 ] }, { "date": "2024-09-13", "close": 49.784454, "volume": 50119581, "typical_volume": 46877359.55, "trend": 44.362782, "fair_value": 45.567091, "relative_strength": 3.336107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.655385, "energy": 81.873607, "activity_lines": [ 49.978609, 48.871111, 47.177917, 45.968922 ] }, { "date": "2024-09-20", "close": 49.376756, "volume": 43254269, "typical_volume": 45615132.45, "trend": 44.660329, "fair_value": 45.584943, "relative_strength": 1.163925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.208359, "energy": 68.291359, "activity_lines": [ 49.920633, 49.151337, 47.478596, 46.292405 ] }, { "date": "2024-09-27", "close": 51.415245, "volume": 38343826, "typical_volume": 45851599.85, "trend": 45.033541, "fair_value": 45.618395, "relative_strength": 4.829835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.716655, "energy": 59.886506, "activity_lines": [ 50.371049, 49.711553, 47.949191, 46.728206 ] }, { "date": "2024-10-04", "close": 50.735749, "volume": 36954875, "typical_volume": 45757007.7, "trend": 45.344282, "fair_value": 45.646985, "relative_strength": 3.203266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.105564, "energy": 53.719695, "activity_lines": [ 50.48207, 50.036805, 48.328515, 47.09609 ] }, { "date": "2024-10-11", "close": 50.690449, "volume": 26075576, "typical_volume": 45412470.3, "trend": 45.635815, "fair_value": 45.669205, "relative_strength": 1.951164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.723071, "energy": 51.88767, "activity_lines": [ 50.611929, 50.276744, 48.678305, 47.441004 ] }, { "date": "2024-10-18", "close": 50.916948, "volume": 29605344, "typical_volume": 43811250.8, "trend": 45.97177, "fair_value": 45.687557, "relative_strength": 1.553404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.044952, "energy": 53.640233, "activity_lines": [ 50.784069, 50.493016, 49.02031, 47.781722 ] }, { "date": "2024-10-25", "close": 49.829753, "volume": 26470333, "typical_volume": 42836639.35, "trend": 46.230188, "fair_value": 45.70122, "relative_strength": 0.471898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.530875, "energy": 45.518509, "activity_lines": [ 50.51831, 50.445907, 49.233245, 48.030624 ] }, { "date": "2024-11-01", "close": 46.47757, "volume": 49322906, "typical_volume": 43916910.85, "trend": 46.421113, "fair_value": 45.691621, "relative_strength": -4.759099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.586845, "energy": 14.794905, "activity_lines": [ 49.104957, 49.734408, 49.10316, 48.046584 ] }, { "date": "2024-11-08", "close": 46.296371, "volume": 42044554, "typical_volume": 44499486.8, "trend": 46.650243, "fair_value": 45.674781, "relative_strength": -9.182147, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 6.130149, "energy": 17.296677, "activity_lines": [ 47.960383, 49.04895, 48.946949, 48.038537 ] }, { "date": "2024-11-15", "close": 46.296371, "volume": 40626322, "typical_volume": 44639714.55, "trend": 46.870524, "fair_value": 45.670101, "relative_strength": -7.008591, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -7.568639, "energy": 28.46293, "activity_lines": [ 47.111767, 48.453464, 48.782519, 48.015706 ] }, { "date": "2024-11-22", "close": 48.09814, "volume": 141096489, "typical_volume": 49879465.75, "trend": 47.150863, "fair_value": 45.683109, "relative_strength": -4.75409, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.076317, "energy": 24.587498, "activity_lines": [ 47.156679, 48.256404, 48.777842, 48.094907 ] }, { "date": "2024-11-29", "close": 48.785912, "volume": 73612182, "typical_volume": 51317133.85, "trend": 47.300746, "fair_value": 45.706412, "relative_strength": -4.279252, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.14535, "energy": 16.901981, "activity_lines": [ 47.61877, 48.215055, 48.81227, 48.200394 ] }, { "date": "2024-12-06", "close": 46.676746, "volume": 82231294, "typical_volume": 52216920.15, "trend": 47.328703, "fair_value": 45.708773, "relative_strength": -8.879762, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.61883, "energy": 12.92063, "activity_lines": [ 47.447394, 47.800963, 48.624898, 48.160136 ] }, { "date": "2024-12-13", "close": 45.392906, "volume": 68617046, "typical_volume": 52889906.35, "trend": 47.327139, "fair_value": 45.698043, "relative_strength": -10.55245, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.272303, "energy": 22.527006, "activity_lines": [ 46.834793, 47.2396, 48.308638, 48.035246 ] }, { "date": "2024-12-20", "close": 43.100335, "volume": 112515733, "typical_volume": 54170324.45, "trend": 47.279628, "fair_value": 45.675943, "relative_strength": -13.136198, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.602431, "energy": 43.776566, "activity_lines": [ 45.518233, 46.358549, 47.779294, 47.762549 ] }, { "date": "2024-12-27", "close": 43.283741, "volume": 42001165, "typical_volume": 53242684.65, "trend": 47.203889, "fair_value": 45.646062, "relative_strength": -12.995797, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.001709, "energy": 66.902928, "activity_lines": [ 44.475878, 45.648846, 47.286576, 47.50475 ] }, { "date": "2025-01-03", "close": 42.779375, "volume": 40753612, "typical_volume": 51883784.5, "trend": 47.135227, "fair_value": 45.610133, "relative_strength": -13.17116, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.465508, "energy": 72.295838, "activity_lines": [ 43.58636, 44.986227, 46.764962, 47.219297 ] }, { "date": "2025-01-10", "close": 43.146187, "volume": 65647687, "typical_volume": 53259884.65, "trend": 47.086258, "fair_value": 45.570158, "relative_strength": -10.364978, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.886682, "energy": 79.213927, "activity_lines": [ 43.219549, 44.518488, 46.297477, 46.96194 ] }, { "date": "2025-01-17", "close": 44.475878, "volume": 93730724, "typical_volume": 56564347.5, "trend": 47.083106, "fair_value": 45.549455, "relative_strength": -9.987692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.605397, "energy": 68.427963, "activity_lines": [ 43.531339, 44.353083, 45.987942, 46.793528 ] }, { "date": "2025-01-24", "close": 44.750986, "volume": 58046982, "typical_volume": 58053525.0, "trend": 47.114507, "fair_value": 45.530771, "relative_strength": -10.710923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.258612, "energy": 44.302084, "activity_lines": [ 43.995966, 44.270797, 45.73684, 46.643069 ] }, { "date": "2025-01-31", "close": 44.567581, "volume": 90786365, "typical_volume": 60086864.2, "trend": 47.181603, "fair_value": 45.520636, "relative_strength": -9.960376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.262356, "energy": 34.417606, "activity_lines": [ 44.289415, 44.183262, 45.494182, 46.478751 ] }, { "date": "2025-02-07", "close": 45.943123, "volume": 159028611, "typical_volume": 65875581.3, "trend": 47.233332, "fair_value": 45.51855, "relative_strength": -6.937148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.063206, "energy": 21.998735, "activity_lines": [ 44.955789, 44.410018, 45.40737, 46.398849 ] }, { "date": "2025-02-14", "close": 46.172381, "volume": 66211017, "typical_volume": 67268940.85, "trend": 47.262839, "fair_value": 45.510513, "relative_strength": -7.750788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.066055, "energy": 22.084605, "activity_lines": [ 45.487666, 44.730145, 45.358742, 46.330401 ] }, { "date": "2025-02-21", "close": 46.997706, "volume": 85824624, "typical_volume": 69712428.3, "trend": 47.279542, "fair_value": 45.506717, "relative_strength": -4.522087, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.644611, "energy": 19.560707, "activity_lines": [ 46.092905, 45.209501, 45.413683, 46.313295 ] }, { "date": "2025-02-28", "close": 46.987981, "volume": 135724440, "typical_volume": 75194871.5, "trend": 47.275017, "fair_value": 45.516043, "relative_strength": -3.608628, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.895939, "energy": 18.599148, "activity_lines": [ 46.52678, 45.65791, 45.485498, 46.294485 ] }, { "date": "2025-03-07", "close": 47.777305, "volume": 146579483, "typical_volume": 81043578.45, "trend": 47.29083, "fair_value": 45.540512, "relative_strength": 1.094616, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.451621, "energy": 24.928116, "activity_lines": [ 47.07463, 46.179148, 45.650118, 46.326891 ] }, { "date": "2025-03-14", "close": 45.409334, "volume": 125532111, "typical_volume": 85996667.35, "trend": 47.244135, "fair_value": 45.529894, "relative_strength": -1.622803, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.248758, "energy": 18.003156, "activity_lines": [ 46.619175, 46.188145, 45.604167, 46.205504 ] }, { "date": "2025-03-21", "close": 43.830686, "volume": 155666622, "typical_volume": 91313853.15, "trend": 47.047765, "fair_value": 45.517689, "relative_strength": -5.48786, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.022484, "energy": 17.966328, "activity_lines": [ 45.67309, 45.862298, 45.428918, 45.985281 ] }, { "date": "2025-03-28", "close": 44.759302, "volume": 122153155, "typical_volume": 95319283.2, "trend": 46.831581, "fair_value": 45.506265, "relative_strength": -2.019452, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.075133, "energy": 22.925805, "activity_lines": [ 45.192656, 45.692845, 45.354714, 45.837638 ] }, { "date": "2025-04-04", "close": 42.809208, "volume": 180057126, "typical_volume": 102290823.4, "trend": 46.585483, "fair_value": 45.477688, "relative_strength": 2.932042, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.913665, "energy": 41.131689, "activity_lines": [ 44.211419, 45.163676, 45.102105, 45.578131 ] }, { "date": "2025-04-11", "close": 43.319947, "volume": 288655161, "typical_volume": 109668757.0, "trend": 46.369999, "fair_value": 45.453677, "relative_strength": -1.499503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.117124, "energy": 49.863266, "activity_lines": [ 43.679012, 44.762673, 44.914744, 45.367451 ] }, { "date": "2025-04-18", "close": 43.598532, "volume": 134705986, "typical_volume": 112723447.2, "trend": 46.177392, "fair_value": 45.433779, "relative_strength": 0.5132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.396447, "energy": 54.044077, "activity_lines": [ 43.536624, 44.435007, 44.776668, 45.188646 ] }, { "date": "2025-04-25", "close": 44.294994, "volume": 149504077, "typical_volume": 116087086.35, "trend": 45.94005, "fair_value": 45.411106, "relative_strength": -2.405834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.122865, "energy": 43.554458, "activity_lines": [ 43.74711, 44.276599, 44.729623, 45.067201 ] }, { "date": "2025-05-02", "close": 43.273516, "volume": 503806557, "typical_volume": 137846561.9, "trend": 45.691309, "fair_value": 45.357325, "relative_strength": -7.121849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.565203, "energy": 31.974351, "activity_lines": [ 43.58615, 43.966602, 44.596637, 44.895167 ] }, { "date": "2025-05-09", "close": 42.3449, "volume": 170732547, "typical_volume": 140757402.6, "trend": 45.413124, "fair_value": 45.298626, "relative_strength": -8.42335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.951101, "energy": 35.936209, "activity_lines": [ 43.214704, 43.555478, 44.385303, 44.67927 ] }, { "date": "2025-05-16", "close": 43.830686, "volume": 167199875, "typical_volume": 147017338.1, "trend": 45.176915, "fair_value": 45.245314, "relative_strength": -9.694847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.174954, "energy": 28.682586, "activity_lines": [ 43.369473, 43.498917, 44.31907, 44.577177 ] }, { "date": "2025-05-23", "close": 42.189411, "volume": 130555596, "typical_volume": 151507437.3, "trend": 44.922237, "fair_value": 45.168472, "relative_strength": -10.55207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.480544, "energy": 37.840831, "activity_lines": [ 42.943102, 43.215699, 44.09392, 44.384435 ] }, { "date": "2025-05-30", "close": 42.895707, "volume": 124128729, "typical_volume": 154431489.4, "trend": 44.802842, "fair_value": 45.094069, "relative_strength": -10.329629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.54396, "energy": 34.840031, "activity_lines": [ 42.846104, 43.119442, 43.938846, 44.253691 ] }, { "date": "2025-06-06", "close": 42.895707, "volume": 115967130, "typical_volume": 155543309.7, "trend": 44.689486, "fair_value": 45.036105, "relative_strength": -11.507118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.109222, "energy": 28.694548, "activity_lines": [ 42.842391, 43.040185, 43.784965, 44.13065 ] }, { "date": "2025-06-13", "close": 42.848621, "volume": 111647861, "typical_volume": 158223353.65, "trend": 44.574561, "fair_value": 45.004974, "relative_strength": -11.044916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.316483, "energy": 31.318646, "activity_lines": [ 42.848171, 42.986251, 43.634124, 44.011884 ] }, { "date": "2025-06-20", "close": 42.236497, "volume": 191176050, "typical_volume": 163242837.9, "trend": 44.379173, "fair_value": 44.951917, "relative_strength": -11.927685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.057517, "energy": 32.624921, "activity_lines": [ 42.616328, 42.820304, 43.434045, 43.861042 ] }, { "date": "2025-06-27", "close": 43.272398, "volume": 110280237, "typical_volume": 160805419.2, "trend": 44.195389, "fair_value": 44.902368, "relative_strength": -12.56302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.098959, "energy": 25.631007, "activity_lines": [ 42.836064, 42.862402, 43.343723, 43.789637 ] }, { "date": "2025-07-04", "close": 45.3442, "volume": 104035891, "typical_volume": 162696662.9, "trend": 44.150971, "fair_value": 44.868448, "relative_strength": -9.793511, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.480036, "energy": 8.488934, "activity_lines": [ 43.674202, 43.287122, 43.463434, 43.863754 ] }, { "date": "2025-07-11", "close": 45.485459, "volume": 117461919, "typical_volume": 164278527.65, "trend": 44.154056, "fair_value": 44.834391, "relative_strength": -9.103772, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.479661, "energy": 20.907254, "activity_lines": [ 44.396194, 43.718448, 43.600541, 43.94985 ] }, { "date": "2025-07-18", "close": 44.920422, "volume": 80027281, "typical_volume": 161493669.7, "trend": 44.214726, "fair_value": 44.79358, "relative_strength": -10.543376, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.155967, "energy": 25.758215, "activity_lines": [ 44.757189, 44.006823, 43.691036, 43.999293 ] }, { "date": "2025-07-25", "close": 45.86215, "volume": 81499645, "typical_volume": 158239677.8, "trend": 44.300673, "fair_value": 44.749674, "relative_strength": -9.718572, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.017844, "energy": 46.763488, "activity_lines": [ 45.293974, 44.419594, 43.881066, 44.105578 ] }, { "date": "2025-08-01", "close": 43.790349, "volume": 132894828, "typical_volume": 158607813.65, "trend": 44.334372, "fair_value": 44.710229, "relative_strength": -11.255852, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.152852, "energy": 34.123047, "activity_lines": [ 44.898449, 44.418738, 43.882901, 44.072654 ] }, { "date": "2025-08-08", "close": 45.532545, "volume": 103385632, "typical_volume": 155993764.15, "trend": 44.413917, "fair_value": 44.667863, "relative_strength": -9.560993, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.65306, "energy": 27.361446, "activity_lines": [ 45.049125, 44.705537, 44.058368, 44.149955 ] }, { "date": "2025-08-15", "close": 41.106424, "volume": 218360526, "typical_volume": 160804132.7, "trend": 44.301602, "fair_value": 44.605735, "relative_strength": -18.719194, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -48.031343, "energy": 21.633227, "activity_lines": [ 43.711871, 44.139644, 43.804196, 43.936569 ] }, { "date": "2025-08-22", "close": 41.012251, "volume": 133564579, "typical_volume": 158479505.35, "trend": 44.176977, "fair_value": 44.544568, "relative_strength": -18.622784, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.913718, "energy": 37.577525, "activity_lines": [ 42.635162, 43.589161, 43.55845, 43.724352 ] }, { "date": "2025-08-29", "close": 40.63556, "volume": 101565168, "typical_volume": 149125005.7, "trend": 44.04591, "fair_value": 44.491424, "relative_strength": -18.756678, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.566091, "energy": 58.623217, "activity_lines": [ 41.693434, 43.003578, 43.285386, 43.495874 ] }, { "date": "2025-09-05", "close": 39.68206, "volume": 86699208, "typical_volume": 146724666.8, "trend": 43.837208, "fair_value": 44.421942, "relative_strength": -20.284368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.651267, "energy": 73.988212, "activity_lines": [ 40.782312, 42.273738, 42.934295, 43.214335 ] }, { "date": "2025-09-12", "close": 39.586441, "volume": 93985439, "typical_volume": 143948734.9, "trend": 43.617677, "fair_value": 44.368449, "relative_strength": -21.12551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.827648, "energy": 76.399385, "activity_lines": [ 40.113203, 41.591793, 42.592747, 42.940092 ] }, { "date": "2025-09-19", "close": 39.490822, "volume": 136098687, "typical_volume": 125563341.4, "trend": 43.367447, "fair_value": 44.332261, "relative_strength": -21.716816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.116889, "energy": 74.953235, "activity_lines": [ 39.808628, 40.997148, 42.264515, 42.673844 ] }, { "date": "2025-09-26", "close": 38.486818, "volume": 133854384, "typical_volume": 123719433.25, "trend": 43.084075, "fair_value": 44.296225, "relative_strength": -22.847998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.639048, "energy": 75.658847, "activity_lines": [ 39.277092, 40.328951, 41.858675, 42.358964 ] }, { "date": "2025-10-03", "close": 39.108344, "volume": 87875246, "typical_volume": 119753201.8, "trend": 42.79511, "fair_value": 44.262856, "relative_strength": -21.846083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.862474, "energy": 67.46897, "activity_lines": [ 39.121093, 39.890733, 41.530401, 42.102465 ] }, { "date": "2025-10-10", "close": 37.913101, "volume": 83743519, "typical_volume": 117412597.95, "trend": 42.545235, "fair_value": 44.220244, "relative_strength": -21.743162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.520548, "energy": 66.745966, "activity_lines": [ 38.668495, 39.357995, 41.110781, 41.787497 ] }, { "date": "2025-10-17", "close": 38.964915, "volume": 107770992, "typical_volume": 116594711.1, "trend": 42.383043, "fair_value": 44.172252, "relative_strength": -20.339238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.449692, "energy": 55.25642, "activity_lines": [ 38.684431, 39.123355, 40.811697, 41.556509 ] }, { "date": "2025-10-24", "close": 38.917105, "volume": 79606458, "typical_volume": 114776677.5, "trend": 42.188303, "fair_value": 44.112097, "relative_strength": -21.338868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.756905, "energy": 47.941733, "activity_lines": [ 38.725866, 38.999433, 40.526778, 41.3329 ] }, { "date": "2025-10-31", "close": 37.769672, "volume": 174005134, "typical_volume": 117894541.15, "trend": 42.020318, "fair_value": 44.060133, "relative_strength": -23.653831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.190522, "energy": 49.931114, "activity_lines": [ 38.423071, 38.706693, 40.151526, 41.047827 ] }, { "date": "2025-11-07", "close": 40.016728, "volume": 180617075, "typical_volume": 117366592.4, "trend": 41.910211, "fair_value": 44.009925, "relative_strength": -17.365265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.996012, "energy": 31.741962, "activity_lines": [ 38.917105, 38.881465, 40.014464, 40.918563 ] }, { "date": "2025-11-14", "close": 40.542635, "volume": 114948770, "typical_volume": 117600019.05, "trend": 41.808348, "fair_value": 43.958345, "relative_strength": -15.958694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.091948, "energy": 25.374981, "activity_lines": [ 39.525882, 39.163108, 39.938059, 40.830332 ] }, { "date": "2025-11-21", "close": 40.638255, "volume": 118937066, "typical_volume": 118345077.8, "trend": 41.686457, "fair_value": 43.897274, "relative_strength": -13.647054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.160481, "energy": 20.345694, "activity_lines": [ 39.99123, 39.446489, 39.883759, 40.754842 ] }, { "date": "2025-11-28", "close": 41.3554, "volume": 102591157, "typical_volume": 117601539.7, "trend": 41.622519, "fair_value": 43.82962, "relative_strength": -14.763683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.412771, "energy": 20.695166, "activity_lines": [ 40.58407, 39.841136, 39.920169, 40.733484 ] }, { "date": "2025-12-05", "close": 40.287538, "volume": 91503081, "typical_volume": 118175329.7, "trend": 41.553941, "fair_value": 43.758581, "relative_strength": -16.815711, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.395177, "energy": 18.431389, "activity_lines": [ 40.658404, 40.007726, 39.874544, 40.647356 ] }, { "date": "2025-12-12", "close": 39.947763, "volume": 88544835, "typical_volume": 118527589.2, "trend": 41.42451, "fair_value": 43.693084, "relative_strength": -16.64595, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.913631, "energy": 14.149652, "activity_lines": [ 40.451621, 40.079797, 39.81862, 40.543732 ] }, { "date": "2025-12-19", "close": 40.238999, "volume": 114069512, "typical_volume": 117586323.4, "trend": 41.359496, "fair_value": 43.629986, "relative_strength": -15.803336, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.857936, "energy": 11.27614, "activity_lines": [ 40.346514, 40.189559, 39.818598, 40.467247 ] }, { "date": "2025-12-26", "close": 40.384616, "volume": 50185584, "typical_volume": 114926321.0, "trend": 41.275793, "fair_value": 43.571815, "relative_strength": -16.342663, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.317111, "energy": 9.404663, "activity_lines": [ 40.310189, 40.283507, 39.849355, 40.404352 ] }, { "date": "2026-01-02", "close": 40.821469, "volume": 49953975, "typical_volume": 106505993.45, "trend": 41.206652, "fair_value": 43.508725, "relative_strength": -14.238807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.667136, "energy": 4.99396, "activity_lines": [ 40.436391, 40.43107, 39.946231, 40.37504 ] }, { "date": "2026-01-09", "close": 41.98641, "volume": 94784679, "typical_volume": 104566998.45, "trend": 41.177912, "fair_value": 43.454965, "relative_strength": -12.822853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.550847, "energy": 17.860568, "activity_lines": [ 40.986502, 40.755816, 40.15541, 40.425347 ] }, { "date": "2026-01-16", "close": 39.743899, "volume": 79854164, "typical_volume": 103481448.25, "trend": 41.094825, "fair_value": 43.393485, "relative_strength": -16.780118, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.293503, "energy": 11.970471, "activity_lines": [ 40.675852, 40.596165, 40.146378, 40.33283 ] }, { "date": "2026-01-23", "close": 42.986318, "volume": 37625328, "typical_volume": 101027754.25, "trend": 41.085289, "fair_value": 43.350927, "relative_strength": -9.368021, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.603135, "energy": 30.121298, "activity_lines": [ 41.459598, 41.031004, 40.450394, 40.454862 ] }, { "date": "2026-01-30", "close": 42.957194, "volume": 30370705, "typical_volume": 97847017.55, "trend": 41.005722, "fair_value": 43.306052, "relative_strength": -9.463139, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.824227, "energy": 48.550743, "activity_lines": [ 42.050482, 41.416119, 40.735902, 40.57563 ] }, { "date": "2026-02-06", "close": 46.762667, "volume": 44277068, "typical_volume": 93255936.6, "trend": 41.048296, "fair_value": 43.304206, "relative_strength": -0.981832, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.028891, "energy": 70.526128, "activity_lines": [ 43.738352, 42.450974, 41.367785, 40.947046 ] }, { "date": "2026-02-13", "close": 48.626573, "volume": 32338893, "typical_volume": 88180162.05, "trend": 41.171834, "fair_value": 43.311912, "relative_strength": 4.459966, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.993888, "energy": 92.073161, "activity_lines": [ 45.651443, 43.726408, 42.142554, 41.435967 ] }, { "date": "2026-02-20", "close": 49.014886, "volume": 19749507, "typical_volume": 84773875.1, "trend": 41.276925, "fair_value": 43.325833, "relative_strength": 4.361041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.849783, "energy": 93.276086, "activity_lines": [ 47.251295, 44.920825, 42.906022, 41.941971 ] }, { "date": "2026-02-27", "close": 47.64104, "volume": 22347814, "typical_volume": 81704089.85, "trend": 41.405282, "fair_value": 43.328992, "relative_strength": 2.249293, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.861357, "energy": 87.751073, "activity_lines": [ 47.775133, 45.700596, 43.491472, 42.352559 ] }, { "date": "2026-03-06", "close": 42.574937, "volume": 25053423, "typical_volume": 77568211.4, "trend": 41.306695, "fair_value": 43.312863, "relative_strength": -6.227007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.443617, "energy": 61.002617, "activity_lines": [ 46.299954, 45.424674, 43.548114, 42.42802 ] }, { "date": "2026-03-13", "close": 39.909085, "volume": 29322475, "typical_volume": 75054012.25, "trend": 41.266783, "fair_value": 43.280722, "relative_strength": -10.213054, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.182173, "energy": 18.565905, "activity_lines": [ 43.961643, 44.624228, 43.333674, 42.337852 ] }, { "date": "2026-03-20", "close": 37.656391, "volume": 65466157, "typical_volume": 69627063.4, "trend": 41.154921, "fair_value": 43.227951, "relative_strength": -13.218474, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.050001, "energy": 24.602727, "activity_lines": [ 41.329338, 43.430789, 42.899968, 42.104923 ] }, { "date": "2026-03-27", "close": 37.990852, "volume": 28245692, "typical_volume": 62008494.25, "trend": 41.066764, "fair_value": 43.165212, "relative_strength": -9.889887, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.943366, "energy": 41.677464, "activity_lines": [ 39.539866, 42.37689, 42.498654, 41.90079 ] }, { "date": "2026-04-03", "close": 39.279511, "volume": 25690641, "typical_volume": 57545587.8, "trend": 41.053346, "fair_value": 43.114233, "relative_strength": -9.244396, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.991073, "energy": 38.845431, "activity_lines": [ 38.914883, 41.589166, 42.229718, 41.785483 ] }, { "date": "2026-04-10", "close": 40.489474, "volume": 19193909, "typical_volume": 52558429.95, "trend": 41.083447, "fair_value": 43.075048, "relative_strength": -9.107034, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.190454, "energy": 34.094777, "activity_lines": [ 39.250656, 41.088831, 42.08203, 41.749104 ] }, { "date": "2026-04-17", "close": 41.256767, "volume": 19474486, "typical_volume": 48402596.4, "trend": 41.142312, "fair_value": 43.041857, "relative_strength": -10.713366, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.430907, "energy": 23.616884, "activity_lines": [ 39.981224, 40.772872, 42.008127, 41.760286 ] }, { "date": "2026-04-24", "close": 38.315476, "volume": 17484457, "typical_volume": 44701665.2, "trend": 41.136601, "fair_value": 42.992234, "relative_strength": -16.83941, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.602257, "energy": 23.035709, "activity_lines": [ 39.641516, 40.02224, 41.654571, 41.57791 ] }, { "date": "2026-05-01", "close": 37.135025, "volume": 21740000, "typical_volume": 41361423.45, "trend": 41.070823, "fair_value": 42.949846, "relative_strength": -19.535753, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.795593, "energy": 29.704699, "activity_lines": [ 38.864386, 39.244455, 41.197981, 41.319744 ] }, { "date": "2026-05-08", "close": 39.279511, "volume": 27434454, "typical_volume": 37029670.55, "trend": 41.11637, "fair_value": 42.924434, "relative_strength": -16.2779, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.108877, "energy": 25.259986, "activity_lines": [ 38.859139, 39.072575, 40.959022, 41.204175 ] }, { "date": "2026-05-15", "close": 36.092293, "volume": 20645079, "typical_volume": 35552645.3, "trend": 41.020616, "fair_value": 42.880475, "relative_strength": -22.62948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.414591, "energy": 60.588054, "activity_lines": [ 37.791487, 38.473227, 40.421088, 40.880041 ] }, { "date": "2026-05-22", "close": 37.754762, "volume": 19543820, "typical_volume": 34032137.55, "trend": 40.981872, "fair_value": 42.855826, "relative_strength": -19.20033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.957636, "energy": 53.757935, "activity_lines": [ 37.571136, 38.294013, 40.061923, 40.669341 ] }, { "date": "2026-05-29", "close": 38.82, "volume": 17165868, "typical_volume": 30151197.0, "trend": 41.016882, "fair_value": 42.833102, "relative_strength": -17.546877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.990088, "energy": 37.452712, "activity_lines": [ 37.939332, 38.347649, 39.818813, 40.529865 ] }, { "date": "2026-06-05", "close": 38.13, "volume": 17401576, "typical_volume": 27028567.6, "trend": 40.953992, "fair_value": 42.804865, "relative_strength": -16.398592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.905727, "energy": 38.305233, "activity_lines": [ 38.043892, 38.254673, 39.525067, 40.343615 ] }, { "date": "2026-06-12", "close": 40.6, "volume": 16393974, "typical_volume": 25966999.9, "trend": 40.955904, "fair_value": 42.783201, "relative_strength": -10.992677, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.632573, "energy": 17.075767, "activity_lines": [ 38.905454, 38.608258, 39.474245, 40.320776 ] }, { "date": "2026-06-19", "close": 41.08, "volume": 16980667, "typical_volume": 25297498.0, "trend": 40.970629, "fair_value": 42.777688, "relative_strength": -10.298325, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.482646, "energy": 16.667505, "activity_lines": [ 39.838984, 39.025107, 39.4805, 40.328783 ] }, { "date": "2026-06-26", "close": 43.03, "volume": 16215749, "typical_volume": 23894432.05, "trend": 41.026449, "fair_value": 42.781679, "relative_strength": -3.385263, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.817556, "energy": 24.816363, "activity_lines": [ 41.09, 39.785764, 39.681408, 40.461645 ] }, { "date": "2026-07-03", "close": 45.0, "volume": 13906161, "typical_volume": 22972795.45, "trend": 41.183531, "fair_value": 42.799387, "relative_strength": -0.70118, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.293375, "energy": 43.518406, "activity_lines": [ 42.646, 40.872363, 40.08771, 40.718004 ] }, { "date": "2026-07-10", "close": 43.18, "volume": 14418700, "typical_volume": 22706255.1, "trend": 41.291272, "fair_value": 42.805702, "relative_strength": -5.506624, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.407934, "energy": 49.445996, "activity_lines": [ 43.183333, 41.506516, 40.337948, 40.846808 ] }, { "date": "2026-07-17", "close": 43.94, "volume": 17551592, "typical_volume": 22466444.0, "trend": 41.414639, "fair_value": 42.814436, "relative_strength": -1.922097, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.315645, "energy": 54.177424, "activity_lines": [ 43.637333, 42.168942, 40.688352, 41.017694 ] }, { "date": "2026-07-24", "close": 44.54, "volume": 16500739, "typical_volume": 22038809.8, "trend": 41.553151, "fair_value": 42.821569, "relative_strength": 0.404354, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.329175, "energy": 54.49837, "activity_lines": [ 44.068667, 42.855723, 41.113523, 41.21933 ] }, { "date": "2026-07-31", "close": 44.88, "volume": 24581992, "typical_volume": 21801785.65, "trend": 41.688436, "fair_value": 42.84096, "relative_strength": 0.432037, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.498323, "energy": 43.752029, "activity_lines": [ 44.382667, 43.450727, 41.561718, 41.433965 ] }, { "date": "2026-08-07", "close": 47.86, "volume": 15424051, "typical_volume": 19299680.35, "trend": 41.884222, "fair_value": 42.883812, "relative_strength": 3.813261, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.828133, "energy": 63.117982, "activity_lines": [ 45.566667, 44.458, 42.270051, 41.832131 ] } ], "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." } } }