{ "ticker": { "uuid": "53124a74-2a92-4160-8e9e-ad598c3c9fa9", "symbol": "SAF", "name": "Safran SA", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.763, "architecture_energy": 56.191, "architecture_maturity": 24.269, "architecture_confidence": 91.951, "architecture_tenure": "Developing", "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": 21.8, "rotation_up": 57.28, "upward_expansion": 79.73, "deceleration": 57.71, "rotation_down": 20.65, "downward_expansion": 8.73 }, "activity_lines": [ 341.966663, 338.258181, 321.231299, 314.601774 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 357.399994, "trend_reference": 310.019621, "distance_from_trend": 0.15283, "trend_direction": "Improving", "fair_value": 235.56664, "distance_from_fair_value": 0.517193, "fair_value_direction": "Improving", "relative_strength": 10.32332, "relative_strength_direction": "Improving", "price_momentum": 0.173428, "excess_performance": 0.120116, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.15283, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039049, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.517193, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.231566, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.103233, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.138346, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.173428, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.069711, "read": "Demand-led" } ], "volume": { "latest": 2307517, "relative_activity": 0.848871, "balance": 2.069711, "dry_up": 0.98607, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.055219, "annualized_volatility": 0.413201, "from_high_reference": -0.012434, "from_low_reference": 0.376298 }, "levels": { "trend_reference": 310.019621, "fair_value_reference": 235.56664, "structural_low": 259.682207, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.025389, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": 0.013372, "regime_survival": 0.871795, "best_return": 0.102473, "worst_return": -0.152556, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.077089, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.066951, "regime_survival": 0.769231, "best_return": 0.204512, "worst_return": -0.177252, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.129208, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.139159, "regime_survival": 0.714286, "best_return": 0.388163, "worst_return": -0.015204, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.395121, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.32682, "regime_survival": 1.0, "best_return": 0.450441, "worst_return": 0.385334, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-09-27", "tenure": "New", "return": 0.015224, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": 0.012019, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-27", "tenure": "Developing", "return": -0.040036, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": 0.074669, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.076956, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.251099, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-12-05", "tenure": "Extended", "return": 0.162495, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.089255, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-27", "tenure": "Developing", "return": -0.131899, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-05-01", "tenure": "Developing", "return": -0.049774, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": 0.054327, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": 0.076119, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.072137, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.063374, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 138.83374, "volume": 2423986, "typical_volume": 2797836.3, "trend": 133.086698, "fair_value": 109.886056, "relative_strength": 10.447122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.293154, "energy": 61.059773, "activity_lines": [ 141.147961, 139.161464, 137.196738, 135.498556 ] }, { "date": "2023-08-25", "close": 140.460037, "volume": 1898834, "typical_volume": 2762696.3, "trend": 133.544324, "fair_value": 110.163416, "relative_strength": 10.315625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.502734, "energy": 39.999414, "activity_lines": [ 140.920804, 139.631045, 137.640235, 135.974255 ] }, { "date": "2023-09-01", "close": 141.389328, "volume": 2277273, "typical_volume": 2724210.4, "trend": 134.026536, "fair_value": 110.477261, "relative_strength": 9.608325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.91191, "energy": 34.274984, "activity_lines": [ 140.785281, 140.187923, 138.126125, 136.480384 ] }, { "date": "2023-09-08", "close": 143.790039, "volume": 2041688, "typical_volume": 2636371.65, "trend": 134.666101, "fair_value": 110.80686, "relative_strength": 11.864129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.502636, "energy": 35.689196, "activity_lines": [ 141.73395, 141.065482, 138.792309, 137.110288 ] }, { "date": "2023-09-15", "close": 147.545959, "volume": 4379797, "typical_volume": 2670875.1, "trend": 135.211016, "fair_value": 111.172599, "relative_strength": 12.097754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.417988, "energy": 46.639612, "activity_lines": [ 143.78745, 142.536526, 139.781803, 137.941246 ] }, { "date": "2023-09-22", "close": 142.492874, "volume": 2196262, "typical_volume": 2616142.45, "trend": 135.701253, "fair_value": 111.566757, "relative_strength": 10.646007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.015024, "energy": 40.189739, "activity_lines": [ 143.817134, 142.779411, 140.230831, 138.411044 ] }, { "date": "2023-09-29", "close": 143.886841, "volume": 3207233, "typical_volume": 2652031.75, "trend": 136.176604, "fair_value": 111.974847, "relative_strength": 11.963871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.989237, "energy": 44.118148, "activity_lines": [ 144.067532, 143.097277, 140.762669, 138.939146 ] }, { "date": "2023-10-06", "close": 140.150269, "volume": 3114449, "typical_volume": 2688783.4, "trend": 136.584281, "fair_value": 112.333028, "relative_strength": 9.793942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.232647, "energy": 31.522764, "activity_lines": [ 142.843953, 142.613971, 140.892557, 139.195512 ] }, { "date": "2023-10-13", "close": 144.312759, "volume": 2988690, "typical_volume": 2700915.55, "trend": 137.292397, "fair_value": 112.705218, "relative_strength": 13.476011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.021329, "energy": 27.027079, "activity_lines": [ 143.090473, 142.987452, 141.404912, 139.694123 ] }, { "date": "2023-10-20", "close": 140.305145, "volume": 2437474, "typical_volume": 2669757.0, "trend": 137.70971, "fair_value": 113.016134, "relative_strength": 12.94886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.343197, "energy": 16.481627, "activity_lines": [ 141.966275, 142.582642, 141.483184, 139.888494 ] }, { "date": "2023-10-27", "close": 141.970154, "volume": 3103796, "typical_volume": 2718601.9, "trend": 138.078991, "fair_value": 113.374647, "relative_strength": 14.215878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.620573, "energy": 15.187049, "activity_lines": [ 141.8798, 142.519634, 141.692831, 140.163361 ] }, { "date": "2023-11-03", "close": 145.261429, "volume": 2636188, "typical_volume": 2697996.95, "trend": 138.561816, "fair_value": 113.701736, "relative_strength": 12.253466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.876882, "energy": 23.105478, "activity_lines": [ 142.925266, 142.998014, 142.169744, 140.626744 ] }, { "date": "2023-11-10", "close": 148.18486, "volume": 2347407, "typical_volume": 2695974.8, "trend": 139.126751, "fair_value": 113.960067, "relative_strength": 13.964465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.169335, "energy": 36.213852, "activity_lines": [ 144.853568, 143.920628, 142.880827, 141.247586 ] }, { "date": "2023-11-17", "close": 155.425659, "volume": 2791231, "typical_volume": 2711647.45, "trend": 139.755378, "fair_value": 114.216068, "relative_strength": 15.817138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.6459, "energy": 69.811022, "activity_lines": [ 148.659832, 146.036197, 144.218818, 142.299128 ] }, { "date": "2023-11-24", "close": 155.870941, "volume": 1998116, "typical_volume": 2693309.95, "trend": 140.447419, "fair_value": 114.465783, "relative_strength": 14.660402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.265168, "energy": 79.236268, "activity_lines": [ 151.873662, 148.021169, 145.520393, 143.338842 ] }, { "date": "2023-12-01", "close": 157.923157, "volume": 3732541, "typical_volume": 2778565.3, "trend": 141.311399, "fair_value": 114.720124, "relative_strength": 14.753465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.665562, "energy": 83.79829, "activity_lines": [ 154.733845, 150.227907, 146.896737, 144.466309 ] }, { "date": "2023-12-08", "close": 159.336472, "volume": 2942323, "typical_volume": 2820216.9, "trend": 142.148995, "fair_value": 115.009115, "relative_strength": 12.503243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.774774, "energy": 85.664877, "activity_lines": [ 157.001599, 152.411062, 148.287462, 145.629217 ] }, { "date": "2023-12-15", "close": 155.038467, "volume": 4093049, "typical_volume": 2841724.6, "trend": 142.742988, "fair_value": 115.301935, "relative_strength": 8.100996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.234267, "energy": 75.169809, "activity_lines": [ 156.898349, 153.531859, 149.163386, 146.460796 ] }, { "date": "2023-12-22", "close": 154.728683, "volume": 2056204, "typical_volume": 2763721.05, "trend": 143.457028, "fair_value": 115.570834, "relative_strength": 7.942555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.570601, "energy": 55.695635, "activity_lines": [ 156.23493, 154.325637, 149.965093, 147.234066 ] }, { "date": "2023-12-29", "close": 154.36084, "volume": 783017, "typical_volume": 2672477.9, "trend": 144.115929, "fair_value": 115.853826, "relative_strength": 7.707442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.861883, "energy": 46.148285, "activity_lines": [ 155.495362, 154.863154, 150.669169, 147.937538 ] }, { "date": "2024-01-05", "close": 154.438263, "volume": 1363687, "typical_volume": 2619462.95, "trend": 144.854853, "fair_value": 116.134877, "relative_strength": 9.130459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.176752, "energy": 34.439689, "activity_lines": [ 154.882275, 155.15919, 151.323919, 148.603495 ] }, { "date": "2024-01-12", "close": 163.11174, "volume": 1907707, "typical_volume": 2619906.6, "trend": 145.75963, "fair_value": 116.481277, "relative_strength": 14.046548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.005549, "energy": 50.181819, "activity_lines": [ 157.392674, 156.805528, 152.730408, 149.781359 ] }, { "date": "2024-01-19", "close": 164.40889, "volume": 2076656, "typical_volume": 2609875.75, "trend": 146.739269, "fair_value": 116.861583, "relative_strength": 15.8801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.428842, "energy": 60.768214, "activity_lines": [ 160.083771, 158.363161, 154.152569, 150.984537 ] }, { "date": "2024-01-26", "close": 168.242279, "volume": 2503341, "typical_volume": 2632958.4, "trend": 147.718262, "fair_value": 117.305762, "relative_strength": 14.028104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.845017, "energy": 81.044215, "activity_lines": [ 163.427969, 160.322792, 155.830199, 152.371828 ] }, { "date": "2024-02-02", "close": 169.849197, "volume": 1995190, "typical_volume": 2513728.05, "trend": 149.028965, "fair_value": 117.710888, "relative_strength": 15.199049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.901051, "energy": 88.777758, "activity_lines": [ 166.406901, 162.34156, 157.544428, 153.79963 ] }, { "date": "2024-02-09", "close": 170.778488, "volume": 1821272, "typical_volume": 2494978.55, "trend": 150.299011, "fair_value": 118.142078, "relative_strength": 14.44219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.702398, "energy": 88.963484, "activity_lines": [ 168.663039, 164.27514, 159.240956, 155.202825 ] }, { "date": "2024-02-16", "close": 181.87204, "volume": 2661177, "typical_volume": 2467675.75, "trend": 151.788475, "fair_value": 118.625188, "relative_strength": 19.329659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.281369, "energy": 95.132012, "activity_lines": [ 173.527679, 167.991996, 161.859319, 157.239795 ] }, { "date": "2024-02-23", "close": 186.847656, "volume": 2144783, "typical_volume": 2419192.45, "trend": 153.161776, "fair_value": 119.13288, "relative_strength": 18.878504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.498133, "energy": 95.413778, "activity_lines": [ 178.800172, 172.203772, 164.770669, 159.501678 ] }, { "date": "2024-03-01", "close": 187.254227, "volume": 1989454, "typical_volume": 2369230.65, "trend": 154.684153, "fair_value": 119.607534, "relative_strength": 18.93437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.544022, "energy": 93.383659, "activity_lines": [ 182.71227, 175.911121, 167.498371, 161.701191 ] }, { "date": "2024-03-08", "close": 189.190277, "volume": 2090638, "typical_volume": 2351888.85, "trend": 156.242024, "fair_value": 120.086373, "relative_strength": 18.089905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.587686, "energy": 92.130688, "activity_lines": [ 186.002255, 179.379105, 170.205975, 163.927392 ] }, { "date": "2024-03-15", "close": 195.879318, "volume": 3186031, "typical_volume": 2356000.6, "trend": 158.143543, "fair_value": 120.615402, "relative_strength": 19.506884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.396586, "energy": 94.629274, "activity_lines": [ 190.232515, 183.430016, 173.317845, 166.484637 ] }, { "date": "2024-03-22", "close": 200.62262, "volume": 1975010, "typical_volume": 2322941.7, "trend": 160.148962, "fair_value": 121.198904, "relative_strength": 21.841098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.453776, "energy": 94.351206, "activity_lines": [ 194.370488, 187.589873, 176.624747, 169.225222 ] }, { "date": "2024-03-29", "close": 203.333084, "volume": 1900297, "typical_volume": 2300586.2, "trend": 162.213754, "fair_value": 121.773216, "relative_strength": 21.875176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.303548, "energy": 89.70278, "activity_lines": [ 198.161909, 191.560524, 179.926165, 172.011295 ] }, { "date": "2024-04-05", "close": 198.928574, "volume": 2426695, "typical_volume": 2282359.4, "trend": 164.051705, "fair_value": 122.322583, "relative_strength": 20.594219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.166684, "energy": 67.946636, "activity_lines": [ 199.386132, 194.022644, 182.545494, 174.379993 ] }, { "date": "2024-04-12", "close": 199.218994, "volume": 2445565, "typical_volume": 2304731.85, "trend": 165.77414, "fair_value": 122.85078, "relative_strength": 20.690146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.622689, "energy": 66.986141, "activity_lines": [ 199.928872, 195.979634, 184.985326, 176.64885 ] }, { "date": "2024-04-19", "close": 199.315781, "volume": 2228415, "typical_volume": 2229525.55, "trend": 167.668237, "fair_value": 123.389713, "relative_strength": 19.811768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.565545, "energy": 64.882044, "activity_lines": [ 199.835293, 197.420225, 187.227956, 178.812827 ] }, { "date": "2024-04-26", "close": 201.929443, "volume": 2619300, "typical_volume": 2213374.4, "trend": 169.60299, "fair_value": 123.927485, "relative_strength": 19.626056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.464846, "energy": 64.243839, "activity_lines": [ 200.383837, 198.817168, 189.522399, 181.023227 ] }, { "date": "2024-05-03", "close": 199.799789, "volume": 1745081, "typical_volume": 2095976.0, "trend": 171.591308, "fair_value": 124.445391, "relative_strength": 19.498861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.966569, "energy": 58.950423, "activity_lines": [ 200.135375, 199.462221, 191.411194, 182.971408 ] }, { "date": "2024-05-10", "close": 205.704727, "volume": 1944700, "typical_volume": 2090400.8, "trend": 173.637706, "fair_value": 125.005171, "relative_strength": 18.364685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.066985, "energy": 61.228902, "activity_lines": [ 202.090778, 200.945406, 193.649214, 185.172274 ] }, { "date": "2024-05-17", "close": 201.832642, "volume": 1840049, "typical_volume": 2143252.4, "trend": 175.688623, "fair_value": 125.56828, "relative_strength": 16.194984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.817928, "energy": 57.933387, "activity_lines": [ 202.303743, 201.389112, 195.275722, 186.991302 ] }, { "date": "2024-05-24", "close": 209.576843, "volume": 1699675, "typical_volume": 2160051.8, "trend": 177.942179, "fair_value": 126.15544, "relative_strength": 20.895196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.257638, "energy": 64.110927, "activity_lines": [ 204.923866, 203.010993, 197.413717, 189.177639 ] }, { "date": "2024-05-31", "close": 209.359619, "volume": 2662210, "typical_volume": 2197776.95, "trend": 180.078786, "fair_value": 126.748361, "relative_strength": 21.474663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.771461, "energy": 62.540393, "activity_lines": [ 206.787509, 204.344333, 199.268458, 191.20457 ] }, { "date": "2024-06-07", "close": 203.981384, "volume": 3252848, "typical_volume": 2256586.55, "trend": 181.93867, "fair_value": 127.299958, "relative_strength": 17.472463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.724188, "energy": 53.387603, "activity_lines": [ 206.363062, 204.540957, 200.390759, 192.746673 ] }, { "date": "2024-06-14", "close": 192.295959, "volume": 4243369, "typical_volume": 2343587.95, "trend": 183.16768, "fair_value": 127.769679, "relative_strength": 17.349331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.890767, "energy": 34.261631, "activity_lines": [ 201.764701, 202.601171, 200.211722, 193.414886 ] }, { "date": "2024-06-21", "close": 198.016434, "volume": 3649823, "typical_volume": 2426319.6, "trend": 184.57253, "fair_value": 128.277903, "relative_strength": 18.116099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.027468, "energy": 22.224394, "activity_lines": [ 199.967083, 201.822065, 200.462951, 194.37287 ] }, { "date": "2024-06-28", "close": 193.029358, "volume": 3457427, "typical_volume": 2508127.35, "trend": 185.742736, "fair_value": 128.785098, "relative_strength": 16.718487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.965837, "energy": 20.199444, "activity_lines": [ 196.761519, 200.158083, 200.10509, 194.918472 ] }, { "date": "2024-07-05", "close": 198.016434, "volume": 2626385, "typical_volume": 2506387.75, "trend": 187.032068, "fair_value": 129.321204, "relative_strength": 15.922554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.825653, "energy": 18.68576, "activity_lines": [ 196.32148, 199.51514, 200.116232, 195.710323 ] }, { "date": "2024-07-12", "close": 200.265518, "volume": 2326780, "typical_volume": 2515487.6, "trend": 188.539637, "fair_value": 129.910736, "relative_strength": 15.70663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.701858, "energy": 12.874785, "activity_lines": [ 197.387348, 199.352267, 200.264695, 196.564094 ] }, { "date": "2024-07-19", "close": 193.322723, "volume": 2236819, "typical_volume": 2527855.85, "trend": 189.826105, "fair_value": 130.438276, "relative_strength": 13.805654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.055665, "energy": 9.185694, "activity_lines": [ 196.386676, 197.9186, 199.688045, 196.87268 ] }, { "date": "2024-07-26", "close": 198.8965, "volume": 2121634, "typical_volume": 2529405.65, "trend": 191.310627, "fair_value": 131.038843, "relative_strength": 16.654959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.414875, "energy": 7.56479, "activity_lines": [ 197.175478, 197.723474, 199.613333, 197.457867 ] }, { "date": "2024-08-02", "close": 186.91774, "volume": 3730582, "typical_volume": 2556633.2, "trend": 192.393276, "fair_value": 131.548561, "relative_strength": 13.033386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.032799, "energy": 12.729575, "activity_lines": [ 193.912689, 195.403776, 198.351567, 197.174455 ] }, { "date": "2024-08-09", "close": 188.286743, "volume": 3016155, "typical_volume": 2608690.45, "trend": 193.232443, "fair_value": 132.08454, "relative_strength": 12.962207, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.575261, "energy": 31.655084, "activity_lines": [ 191.513676, 193.744972, 197.262856, 196.909517 ] }, { "date": "2024-08-16", "close": 192.638229, "volume": 1679499, "typical_volume": 2597650.55, "trend": 194.173421, "fair_value": 132.67972, "relative_strength": 12.170944, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.140362, "energy": 32.294415, "activity_lines": [ 191.213804, 193.26049, 196.647314, 196.871181 ] }, { "date": "2024-08-23", "close": 192.736023, "volume": 1346766, "typical_volume": 2543654.1, "trend": 194.989879, "fair_value": 133.26024, "relative_strength": 9.791485, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.155406, "energy": 37.746596, "activity_lines": [ 191.455016, 193.000028, 196.092014, 196.778446 ] }, { "date": "2024-08-30", "close": 193.567184, "volume": 1473469, "typical_volume": 2495049.3, "trend": 195.780478, "fair_value": 133.862475, "relative_strength": 8.944381, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.744288, "energy": 21.363464, "activity_lines": [ 192.012395, 192.882685, 195.645361, 196.686659 ] }, { "date": "2024-09-06", "close": 188.091187, "volume": 1837697, "typical_volume": 2475513.4, "trend": 196.357568, "fair_value": 134.428017, "relative_strength": 9.357484, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.969652, "energy": 30.295011, "activity_lines": [ 191.099729, 191.850602, 194.704097, 196.190576 ] }, { "date": "2024-09-13", "close": 198.798721, "volume": 2696181, "typical_volume": 2479357.45, "trend": 196.921791, "fair_value": 135.058652, "relative_strength": 13.216704, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -26.321138, "energy": 13.116819, "activity_lines": [ 193.678012, 192.855128, 194.83605, 196.348069 ] }, { "date": "2024-09-20", "close": 205.545959, "volume": 2987676, "typical_volume": 2541487.2, "trend": 197.545068, "fair_value": 135.69524, "relative_strength": 15.795936, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.485415, "energy": 14.7012, "activity_lines": [ 197.804575, 195.072201, 195.625504, 196.904467 ] }, { "date": "2024-09-27", "close": 208.67511, "volume": 3065937, "typical_volume": 2597549.05, "trend": 198.259097, "fair_value": 136.353232, "relative_strength": 12.555282, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.526177, "energy": 34.943856, "activity_lines": [ 202.113674, 197.762203, 196.68561, 197.622534 ] }, { "date": "2024-10-04", "close": 203.394669, "volume": 3307322, "typical_volume": 2670912.7, "trend": 198.732577, "fair_value": 136.953163, "relative_strength": 12.701707, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.546192, "energy": 38.038933, "activity_lines": [ 203.600019, 199.21299, 197.228672, 197.953862 ] }, { "date": "2024-10-11", "close": 200.265518, "volume": 2825628, "typical_volume": 2727210.35, "trend": 198.878784, "fair_value": 137.527776, "relative_strength": 9.918649, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.692682, "energy": 38.63214, "activity_lines": [ 203.388149, 200.013056, 197.466282, 198.052761 ] }, { "date": "2024-10-18", "close": 210.337479, "volume": 2577240, "typical_volume": 2722961.85, "trend": 199.202612, "fair_value": 138.200338, "relative_strength": 14.269756, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.655865, "energy": 49.349252, "activity_lines": [ 205.721977, 202.4017, 198.707466, 198.792032 ] }, { "date": "2024-10-25", "close": 206.817169, "volume": 2234152, "typical_volume": 2672027.05, "trend": 199.318748, "fair_value": 138.816582, "relative_strength": 13.484218, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.467507, "energy": 36.097123, "activity_lines": [ 206.113118, 203.749366, 199.608725, 199.283293 ] }, { "date": "2024-11-01", "close": 205.83931, "volume": 2676745, "typical_volume": 2593695.85, "trend": 199.549106, "fair_value": 139.400144, "relative_strength": 13.651004, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.603922, "energy": 41.376351, "activity_lines": [ 206.093558, 204.66144, 200.403351, 199.703975 ] }, { "date": "2024-11-08", "close": 214.933395, "volume": 3254554, "typical_volume": 2573932.4, "trend": 200.07292, "fair_value": 140.037355, "relative_strength": 19.038284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.953689, "energy": 64.287194, "activity_lines": [ 209.294413, 206.988743, 201.999589, 200.69651 ] }, { "date": "2024-11-15", "close": 212.293182, "volume": 3328573, "typical_volume": 2567489.7, "trend": 200.5055, "fair_value": 140.707534, "relative_strength": 17.98102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.783007, "energy": 58.679917, "activity_lines": [ 210.845949, 208.44753, 203.263821, 201.484914 ] }, { "date": "2024-11-22", "close": 215.226761, "volume": 2184180, "typical_volume": 2545379.45, "trend": 200.948744, "fair_value": 141.469034, "relative_strength": 19.08513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.797461, "energy": 63.14964, "activity_lines": [ 212.5735, 209.999659, 204.715709, 202.434672 ] }, { "date": "2024-11-29", "close": 215.617905, "volume": 3974441, "typical_volume": 2627762.5, "trend": 201.476014, "fair_value": 142.24796, "relative_strength": 18.86768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.226603, "energy": 63.639192, "activity_lines": [ 214.105481, 211.324214, 206.122894, 203.38107 ] }, { "date": "2024-12-06", "close": 208.186172, "volume": 4599013, "typical_volume": 2745872.2, "trend": 201.558729, "fair_value": 142.947697, "relative_strength": 11.221778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.536064, "energy": 38.883859, "activity_lines": [ 212.573501, 211.114418, 206.749189, 203.813983 ] }, { "date": "2024-12-13", "close": 204.470322, "volume": 3087176, "typical_volume": 2794149.3, "trend": 201.646652, "fair_value": 143.63939, "relative_strength": 8.894617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.604963, "energy": 26.18224, "activity_lines": [ 209.646448, 210.237902, 206.950815, 204.001828 ] }, { "date": "2024-12-20", "close": 205.350388, "volume": 3419473, "typical_volume": 2778593.85, "trend": 201.50577, "fair_value": 144.30334, "relative_strength": 10.739922, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.030195, "energy": 18.621709, "activity_lines": [ 207.710288, 209.501842, 207.209715, 204.240779 ] }, { "date": "2024-12-27", "close": 206.328247, "volume": 768786, "typical_volume": 2666225.4, "trend": 201.404724, "fair_value": 144.967688, "relative_strength": 9.417268, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.05635, "energy": 21.272462, "activity_lines": [ 206.562933, 208.851121, 207.47397, 204.551906 ] }, { "date": "2025-01-03", "close": 206.914963, "volume": 1468872, "typical_volume": 2655694.05, "trend": 201.50251, "fair_value": 145.608283, "relative_strength": 10.202225, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.455918, "energy": 19.410013, "activity_lines": [ 206.204386, 208.379972, 207.708191, 204.907406 ] }, { "date": "2025-01-10", "close": 215.520111, "volume": 2526635, "typical_volume": 2714687.5, "trend": 202.276648, "fair_value": 146.300126, "relative_strength": 11.889578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.65282, "energy": 22.764365, "activity_lines": [ 209.294416, 209.471617, 208.693965, 205.811767 ] }, { "date": "2025-01-17", "close": 222.365128, "volume": 3782095, "typical_volume": 2830118.8, "trend": 203.088272, "fair_value": 147.045997, "relative_strength": 10.732718, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.582571, "energy": 51.386338, "activity_lines": [ 214.17719, 211.631796, 210.223149, 207.107798 ] }, { "date": "2025-01-24", "close": 231.263641, "volume": 3401914, "typical_volume": 2908329.65, "trend": 204.362748, "fair_value": 147.892932, "relative_strength": 11.412181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.354157, "energy": 77.202669, "activity_lines": [ 220.833148, 215.274763, 212.462679, 208.925564 ] }, { "date": "2025-01-31", "close": 234.588364, "volume": 2796063, "typical_volume": 2913323.75, "trend": 205.581812, "fair_value": 148.747607, "relative_strength": 12.105776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.600521, "energy": 85.433864, "activity_lines": [ 226.869797, 219.177309, 214.813265, 210.875603 ] }, { "date": "2025-02-07", "close": 238.206451, "volume": 2921424, "typical_volume": 2910011.15, "trend": 206.84651, "fair_value": 149.571301, "relative_strength": 12.886099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.821728, "energy": 90.832574, "activity_lines": [ 232.228467, 223.385659, 217.338004, 212.980419 ] }, { "date": "2025-02-14", "close": 240.553314, "volume": 4642702, "typical_volume": 2988849.4, "trend": 208.420863, "fair_value": 150.4197, "relative_strength": 10.651298, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.915789, "energy": 91.761532, "activity_lines": [ 236.283325, 227.610011, 219.930728, 215.155051 ] }, { "date": "2025-02-21", "close": 238.793167, "volume": 3613104, "typical_volume": 3004138.5, "trend": 209.750752, "fair_value": 151.25009, "relative_strength": 9.702644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.512446, "energy": 86.969655, "activity_lines": [ 238.082588, 230.925843, 222.204018, 217.114555 ] }, { "date": "2025-02-28", "close": 244.562546, "volume": 3356493, "typical_volume": 3030681.75, "trend": 211.672245, "fair_value": 152.224709, "relative_strength": 12.416686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.909426, "energy": 86.200739, "activity_lines": [ 240.709774, 234.666601, 224.858208, 219.360477 ] }, { "date": "2025-03-07", "close": 245.24704, "volume": 4995284, "typical_volume": 3151583.95, "trend": 213.570922, "fair_value": 153.160059, "relative_strength": 12.070955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.932418, "energy": 75.134069, "activity_lines": [ 242.678531, 237.818864, 227.36665, 221.526593 ] }, { "date": "2025-03-14", "close": 245.149246, "volume": 4423953, "typical_volume": 3261074.0, "trend": 215.321289, "fair_value": 154.080108, "relative_strength": 12.790566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.493433, "energy": 63.519068, "activity_lines": [ 243.904112, 240.245732, 229.699542, 223.563904 ] }, { "date": "2025-03-21", "close": 244.855881, "volume": 3423679, "typical_volume": 3298420.7, "trend": 217.058618, "fair_value": 155.010994, "relative_strength": 11.986102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.472669, "energy": 59.929074, "activity_lines": [ 244.569051, 241.924092, 231.821961, 225.469362 ] }, { "date": "2025-03-28", "close": 240.259949, "volume": 2691803, "typical_volume": 3270283.15, "trend": 218.615043, "fair_value": 155.897011, "relative_strength": 11.206915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.80537, "energy": 50.79666, "activity_lines": [ 243.415176, 242.23345, 233.320879, 226.966222 ] }, { "date": "2025-04-04", "close": 213.466614, "volume": 4634988, "typical_volume": 3335603.9, "trend": 219.460891, "fair_value": 156.64356, "relative_strength": 7.160588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.972385, "energy": 13.746871, "activity_lines": [ 233.232403, 237.345933, 232.147448, 226.634065 ] }, { "date": "2025-04-11", "close": 200.167725, "volume": 7640844, "typical_volume": 3608437.1, "trend": 219.506524, "fair_value": 157.29153, "relative_strength": 2.652729, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.274108, "energy": 23.102986, "activity_lines": [ 220.689729, 230.364018, 229.701868, 225.389345 ] }, { "date": "2025-04-18", "close": 207.501678, "volume": 2944936, "typical_volume": 3556961.85, "trend": 219.571715, "fair_value": 157.96768, "relative_strength": 3.505706, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.253498, "energy": 39.795075, "activity_lines": [ 213.596994, 225.341379, 228.02647, 224.614838 ] }, { "date": "2025-04-25", "close": 225.005356, "volume": 3029803, "typical_volume": 3478501.35, "trend": 220.116056, "fair_value": 158.779146, "relative_strength": 8.138061, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.099071, "energy": 35.163772, "activity_lines": [ 214.848656, 224.059495, 228.056737, 224.965396 ] }, { "date": "2025-05-02", "close": 237.913086, "volume": 2988990, "typical_volume": 3473592.05, "trend": 221.26667, "fair_value": 159.7208, "relative_strength": 10.471098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.723294, "energy": 23.061554, "activity_lines": [ 221.726263, 225.407161, 229.236221, 226.113591 ] }, { "date": "2025-05-09", "close": 242.704605, "volume": 2488413, "typical_volume": 3427039.05, "trend": 222.681307, "fair_value": 160.686383, "relative_strength": 12.59166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.8975, "energy": 22.565798, "activity_lines": [ 230.357501, 227.642015, 230.712789, 227.496684 ] }, { "date": "2025-05-16", "close": 250.429688, "volume": 2845191, "typical_volume": 3530859.3, "trend": 224.017713, "fair_value": 161.704664, "relative_strength": 13.51754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.45109, "energy": 42.203262, "activity_lines": [ 239.614567, 231.315209, 232.747201, 229.286902 ] }, { "date": "2025-05-23", "close": 249.158463, "volume": 2727959, "typical_volume": 3593813.65, "trend": 225.42909, "fair_value": 162.693214, "relative_strength": 14.666534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.986632, "energy": 49.671338, "activity_lines": [ 245.097094, 234.663042, 234.450538, 230.908886 ] }, { "date": "2025-05-30", "close": 258.495544, "volume": 2599270, "typical_volume": 3597445.4, "trend": 227.184298, "fair_value": 163.759141, "relative_strength": 18.116861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.254393, "energy": 73.533753, "activity_lines": [ 250.914862, 239.635631, 236.841961, 233.042206 ] }, { "date": "2025-06-06", "close": 262.747772, "volume": 2285141, "typical_volume": 3522597.7, "trend": 228.77811, "fair_value": 164.880102, "relative_strength": 18.58473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.425821, "energy": 78.48097, "activity_lines": [ 255.91736, 245.133359, 239.433713, 235.336623 ] }, { "date": "2025-06-13", "close": 250.386658, "volume": 3060786, "typical_volume": 3505541.3, "trend": 230.047893, "fair_value": 165.925082, "relative_strength": 14.235128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.610016, "energy": 67.30359, "activity_lines": [ 255.143842, 247.974741, 240.655918, 236.730723 ] }, { "date": "2025-06-20", "close": 257.308899, "volume": 3005990, "typical_volume": 3516037.65, "trend": 231.450631, "fair_value": 166.990715, "relative_strength": 18.229662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.037696, "energy": 59.165249, "activity_lines": [ 256.1656, 251.40344, 242.446322, 238.489498 ] }, { "date": "2025-06-27", "close": 269.175568, "volume": 2082380, "typical_volume": 3474085.45, "trend": 233.235886, "fair_value": 168.131802, "relative_strength": 21.296387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.08781, "energy": 59.497712, "activity_lines": [ 260.6843, 255.950784, 245.258692, 240.923365 ] }, { "date": "2025-07-04", "close": 266.802216, "volume": 2515884, "typical_volume": 3367744.55, "trend": 235.189754, "fair_value": 169.231129, "relative_strength": 19.447108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.043841, "energy": 54.814178, "activity_lines": [ 263.077409, 258.945266, 247.697556, 243.088934 ] }, { "date": "2025-07-11", "close": 276.39444, "volume": 2627240, "typical_volume": 3318451.35, "trend": 237.587225, "fair_value": 170.364168, "relative_strength": 20.888121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.619525, "energy": 79.278488, "activity_lines": [ 268.114148, 262.923846, 250.924971, 245.747301 ] }, { "date": "2025-07-18", "close": 282.129974, "volume": 2184835, "typical_volume": 3259868.45, "trend": 240.146544, "fair_value": 171.536678, "relative_strength": 22.660469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.295683, "energy": 86.083541, "activity_lines": [ 274.152954, 267.245589, 254.519574, 248.621027 ] }, { "date": "2025-07-25", "close": 274.416656, "volume": 2198121, "typical_volume": 3120010.3, "trend": 242.416158, "fair_value": 172.638358, "relative_strength": 18.461678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.292142, "energy": 80.785192, "activity_lines": [ 275.504433, 269.448087, 257.200682, 250.832002 ] }, { "date": "2025-08-01", "close": 277.185547, "volume": 3425360, "typical_volume": 3070080.65, "trend": 244.758511, "fair_value": 173.763441, "relative_strength": 23.351323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.862346, "energy": 75.968416, "activity_lines": [ 276.638358, 271.717892, 260.006591, 253.075188 ] }, { "date": "2025-08-08", "close": 287.964447, "volume": 2000806, "typical_volume": 2998937.0, "trend": 247.173322, "fair_value": 174.935006, "relative_strength": 23.986344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.436391, "energy": 74.129517, "activity_lines": [ 280.831252, 275.437913, 263.686508, 255.862668 ] }, { "date": "2025-08-15", "close": 288.55777, "volume": 1690931, "typical_volume": 2948893.4, "trend": 249.379744, "fair_value": 176.109267, "relative_strength": 20.595859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.702362, "energy": 67.705447, "activity_lines": [ 283.811104, 278.730014, 267.217653, 258.532632 ] }, { "date": "2025-08-22", "close": 287.272217, "volume": 1572381, "typical_volume": 2795763.05, "trend": 251.246696, "fair_value": 177.306751, "relative_strength": 18.561048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.554042, "energy": 66.507475, "activity_lines": [ 285.55155, 281.319105, 270.396376, 260.977308 ] }, { "date": "2025-08-29", "close": 281.734436, "volume": 2603980, "typical_volume": 2543919.85, "trend": 252.818232, "fair_value": 178.483731, "relative_strength": 19.440629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.174868, "energy": 62.452496, "activity_lines": [ 285.103253, 282.23068, 272.696235, 262.944259 ] }, { "date": "2025-09-05", "close": 275.108887, "volume": 1832673, "typical_volume": 2488306.7, "trend": 254.048313, "fair_value": 179.60939, "relative_strength": 16.324427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.918118, "energy": 49.718156, "activity_lines": [ 281.958588, 281.493509, 273.976676, 264.382366 ] }, { "date": "2025-09-12", "close": 282.426666, "volume": 1850747, "typical_volume": 2429353.9, "trend": 255.444091, "fair_value": 180.814342, "relative_strength": 16.434949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.363389, "energy": 40.90264, "activity_lines": [ 281.391626, 281.978965, 275.63211, 266.213227 ] }, { "date": "2025-09-19", "close": 288.359985, "volume": 2626130, "typical_volume": 2411210.9, "trend": 257.096319, "fair_value": 182.094076, "relative_strength": 17.771553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.982879, "energy": 41.608356, "activity_lines": [ 283.171623, 283.259125, 277.579187, 268.336833 ] }, { "date": "2025-09-26", "close": 292.71109, "volume": 2772458, "typical_volume": 2425413.15, "trend": 258.70127, "fair_value": 183.39273, "relative_strength": 18.528035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.257966, "energy": 50.284002, "activity_lines": [ 286.415173, 285.11284, 279.700431, 270.634561 ] }, { "date": "2025-10-03", "close": 299.732208, "volume": 3276961, "typical_volume": 2447001.65, "trend": 260.517442, "fair_value": 184.702102, "relative_strength": 17.475846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.740203, "energy": 67.150362, "activity_lines": [ 291.636505, 288.050737, 282.252228, 273.281718 ] }, { "date": "2025-10-10", "close": 293.996643, "volume": 2000808, "typical_volume": 2410644.1, "trend": 262.145689, "fair_value": 185.958422, "relative_strength": 16.846071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.199203, "energy": 68.972333, "activity_lines": [ 293.74613, 289.485522, 284.023006, 275.441666 ] }, { "date": "2025-10-17", "close": 293.601105, "volume": 2243957, "typical_volume": 2392878.45, "trend": 263.77053, "fair_value": 187.175952, "relative_strength": 12.467337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.059644, "energy": 65.638738, "activity_lines": [ 294.464726, 290.542735, 285.542599, 277.471048 ] }, { "date": "2025-10-24", "close": 301.116669, "volume": 2135425, "typical_volume": 2385392.65, "trend": 265.799087, "fair_value": 188.407491, "relative_strength": 14.005687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.747709, "energy": 62.002959, "activity_lines": [ 296.943547, 292.863929, 287.61079, 279.880476 ] }, { "date": "2025-10-31", "close": 304.478882, "volume": 2064000, "typical_volume": 2335553.35, "trend": 268.832829, "fair_value": 189.661197, "relative_strength": 16.087755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.152621, "energy": 61.015369, "activity_lines": [ 299.69266, 295.568091, 289.816483, 282.375947 ] }, { "date": "2025-11-07", "close": 297.754456, "volume": 1816692, "typical_volume": 2276088.45, "trend": 272.08572, "fair_value": 190.889005, "relative_strength": 15.40311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.128995, "energy": 53.057429, "activity_lines": [ 299.415778, 296.736782, 291.124173, 284.241858 ] }, { "date": "2025-11-14", "close": 301.017761, "volume": 1989208, "typical_volume": 2271429.85, "trend": 275.202923, "fair_value": 192.113519, "relative_strength": 13.015895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.330937, "energy": 52.203209, "activity_lines": [ 300.358515, 298.207528, 292.550056, 286.108442 ] }, { "date": "2025-11-21", "close": 286.184418, "volume": 2226279, "typical_volume": 2256949.6, "trend": 277.242225, "fair_value": 193.227708, "relative_strength": 9.569973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.68045, "energy": 31.403059, "activity_lines": [ 295.888729, 296.510232, 292.411609, 286.816925 ] }, { "date": "2025-11-28", "close": 287.074432, "volume": 2442586, "typical_volume": 2247716.9, "trend": 278.880937, "fair_value": 194.347971, "relative_strength": 7.664929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.875436, "energy": 17.66521, "activity_lines": [ 292.210061, 294.906434, 292.26563, 287.451261 ] }, { "date": "2025-12-05", "close": 289.645538, "volume": 2480987, "typical_volume": 2262524.5, "trend": 280.445634, "fair_value": 195.484592, "relative_strength": 8.249969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.649688, "energy": 18.267609, "activity_lines": [ 290.324577, 293.793483, 292.313661, 288.145751 ] }, { "date": "2025-12-12", "close": 288.063324, "volume": 1545821, "typical_volume": 2229909.5, "trend": 281.700089, "fair_value": 196.619428, "relative_strength": 7.764538, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.173588, "energy": 18.701962, "activity_lines": [ 288.900578, 292.448595, 292.175217, 288.637215 ] }, { "date": "2025-12-19", "close": 302.896637, "volume": 2962726, "typical_volume": 2206777.8, "trend": 283.491361, "fair_value": 197.838658, "relative_strength": 11.584806, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.815112, "energy": 18.93301, "activity_lines": [ 293.067092, 294.012833, 293.384485, 290.004734 ] }, { "date": "2025-12-26", "close": 295.974426, "volume": 790368, "typical_volume": 2146255.9, "trend": 284.740658, "fair_value": 199.017447, "relative_strength": 9.143857, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.31408, "energy": 22.002987, "activity_lines": [ 294.800944, 294.156671, 293.812061, 290.810093 ] }, { "date": "2026-01-02", "close": 303.786682, "volume": 1507906, "typical_volume": 2137104.65, "trend": 286.108621, "fair_value": 200.212639, "relative_strength": 10.223941, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.570962, "energy": 37.491595, "activity_lines": [ 298.486214, 295.677766, 294.945518, 292.038869 ] }, { "date": "2026-01-09", "close": 313.774414, "volume": 2304493, "typical_volume": 2173710.25, "trend": 288.221546, "fair_value": 201.446415, "relative_strength": 11.034789, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.841536, "energy": 64.774811, "activity_lines": [ 304.386578, 298.966268, 296.95767, 293.823759 ] }, { "date": "2026-01-16", "close": 317.136658, "volume": 2643713, "typical_volume": 2175696.9, "trend": 290.215805, "fair_value": 202.684046, "relative_strength": 13.011585, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.369905, "energy": 70.839421, "activity_lines": [ 309.799099, 302.697077, 299.163834, 295.68925 ] }, { "date": "2026-01-23", "close": 306.951111, "volume": 2795710, "typical_volume": 2223848.75, "trend": 291.47499, "fair_value": 203.839301, "relative_strength": 10.406099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.720346, "energy": 65.485299, "activity_lines": [ 309.878215, 304.223565, 300.231364, 296.768947 ] }, { "date": "2026-01-30", "close": 297.655548, "volume": 2585250, "typical_volume": 2260573.9, "trend": 292.503434, "fair_value": 204.933741, "relative_strength": 6.851719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.656014, "energy": 45.956766, "activity_lines": [ 306.588511, 303.952071, 300.261973, 297.167693 ] }, { "date": "2026-02-06", "close": 304.577759, "volume": 2589620, "typical_volume": 2258748.4, "trend": 293.442878, "fair_value": 206.087424, "relative_strength": 6.973747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.737373, "energy": 30.624551, "activity_lines": [ 305.494137, 304.730595, 300.879322, 297.946682 ] }, { "date": "2026-02-13", "close": 329.102203, "volume": 2706566, "typical_volume": 2255453.8, "trend": 295.008619, "fair_value": 207.356038, "relative_strength": 14.409155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.604697, "energy": 42.200612, "activity_lines": [ 312.521838, 309.649866, 303.755104, 300.247283 ] }, { "date": "2026-02-20", "close": 342.551086, "volume": 2480641, "typical_volume": 2215637.8, "trend": 297.279767, "fair_value": 208.732739, "relative_strength": 15.532656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.538978, "energy": 67.020484, "activity_lines": [ 323.010648, 316.296995, 307.738441, 303.314539 ] }, { "date": "2026-02-27", "close": 336.222198, "volume": 2794347, "typical_volume": 2255314.75, "trend": 299.247655, "fair_value": 210.057071, "relative_strength": 11.976968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.356681, "energy": 78.793144, "activity_lines": [ 329.695534, 320.802731, 310.915128, 305.826954 ] }, { "date": "2026-03-06", "close": 314.170013, "volume": 3465553, "typical_volume": 2316394.55, "trend": 300.121174, "fair_value": 211.250982, "relative_strength": 11.760545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.147003, "energy": 70.774047, "activity_lines": [ 327.078285, 320.693059, 311.790533, 306.789687 ] }, { "date": "2026-03-13", "close": 301.017761, "volume": 3384734, "typical_volume": 2378860.0, "trend": 300.536507, "fair_value": 212.391677, "relative_strength": 7.748558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.790781, "energy": 33.815151, "activity_lines": [ 318.975988, 317.86124, 311.315395, 306.847531 ] }, { "date": "2026-03-20", "close": 278.4711, "volume": 4728607, "typical_volume": 2512090.35, "trend": 300.243137, "fair_value": 213.357609, "relative_strength": 2.547075, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 0.110149, "energy": 12.353662, "activity_lines": [ 303.595471, 310.980371, 308.693426, 305.423957 ] }, { "date": "2026-03-27", "close": 275.306641, "volume": 4076859, "typical_volume": 2625098.7, "trend": 300.028877, "fair_value": 214.283346, "relative_strength": 0.608933, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -33.81466, "energy": 37.756708, "activity_lines": [ 290.535541, 304.166026, 305.893928, 303.81515 ] }, { "date": "2026-04-03", "close": 284.107758, "volume": 3320460, "typical_volume": 2691661.3, "trend": 300.328839, "fair_value": 215.266237, "relative_strength": 0.085863, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.533876, "energy": 37.314304, "activity_lines": [ 284.892279, 299.712428, 304.039525, 302.787981 ] }, { "date": "2026-04-10", "close": 309.818878, "volume": 3946653, "typical_volume": 2777680.0, "trend": 301.241913, "fair_value": 216.410994, "relative_strength": 4.688796, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.671066, "energy": 26.605804, "activity_lines": [ 291.293687, 300.348914, 304.714324, 303.400242 ] }, { "date": "2026-04-17", "close": 311.796631, "volume": 3112830, "typical_volume": 2811192.2, "trend": 302.023134, "fair_value": 217.534262, "relative_strength": 2.816513, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.858433, "energy": 10.394219, "activity_lines": [ 298.644422, 301.12384, 305.464936, 304.081192 ] }, { "date": "2026-04-24", "close": 267.0, "volume": 4878313, "typical_volume": 2931058.5, "trend": 301.166098, "fair_value": 218.379712, "relative_strength": -9.209773, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.886451, "energy": 20.70158, "activity_lines": [ 290.344354, 293.622671, 301.831477, 301.821635 ] }, { "date": "2026-05-01", "close": 269.966644, "volume": 3335898, "typical_volume": 3020562.35, "trend": 300.173913, "fair_value": 219.26409, "relative_strength": -7.845101, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.769809, "energy": 34.948216, "activity_lines": [ 283.797908, 287.790024, 298.588392, 299.808767 ] }, { "date": "2026-05-08", "close": 283.118866, "volume": 4533485, "typical_volume": 3099100.3, "trend": 299.81132, "fair_value": 220.218643, "relative_strength": -3.511279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.689455, "energy": 34.29623, "activity_lines": [ 281.991536, 285.668406, 296.684074, 298.708441 ] }, { "date": "2026-05-15", "close": 268.38443, "volume": 2841737, "typical_volume": 3201668.75, "trend": 298.970764, "fair_value": 221.059449, "relative_strength": -6.791239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.791704, "energy": 62.318611, "activity_lines": [ 275.339612, 281.833315, 293.470656, 296.6809 ] }, { "date": "2026-05-22", "close": 281.833313, "volume": 3188394, "typical_volume": 3285693.15, "trend": 298.327986, "fair_value": 222.011538, "relative_strength": -4.21658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.898067, "energy": 50.509535, "activity_lines": [ 275.932945, 281.275941, 291.669465, 295.575258 ] }, { "date": "2026-05-29", "close": 305.700012, "volume": 3655277, "typical_volume": 3353232.35, "trend": 298.36869, "fair_value": 223.108372, "relative_strength": 2.817898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.690154, "energy": 16.208447, "activity_lines": [ 286.479399, 285.406775, 292.245832, 296.050872 ] }, { "date": "2026-06-05", "close": 298.5, "volume": 474814, "typical_volume": 3244787.4, "trend": 298.393541, "fair_value": 224.173946, "relative_strength": -0.170475, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.927052, "energy": 13.95998, "activity_lines": [ 292.045848, 287.733444, 292.174934, 296.059344 ] }, { "date": "2026-06-12", "close": 306.100006, "volume": 858930, "typical_volume": 3147948.4, "trend": 298.56295, "fair_value": 225.264533, "relative_strength": 0.528992, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.00699, "energy": 16.40397, "activity_lines": [ 298.243408, 291.020236, 292.916592, 296.556535 ] }, { "date": "2026-06-19", "close": 329.399994, "volume": 1303111, "typical_volume": 3083841.45, "trend": 300.003469, "fair_value": 226.51056, "relative_strength": 6.984274, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.663467, "energy": 33.106281, "activity_lines": [ 310.675555, 298.14353, 295.881349, 298.546022 ] }, { "date": "2026-06-26", "close": 332.700012, "volume": 720431, "typical_volume": 2990382.0, "trend": 301.524321, "fair_value": 227.753044, "relative_strength": 8.256864, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.225831, "energy": 54.160701, "activity_lines": [ 320.140004, 305.510806, 299.00923, 300.655476 ] }, { "date": "2026-07-03", "close": 356.700012, "volume": 528697, "typical_volume": 2881488.55, "trend": 303.759471, "fair_value": 229.202864, "relative_strength": 13.95154, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.996065, "energy": 81.055913, "activity_lines": [ 334.21334, 316.861658, 304.28891, 304.215198 ] }, { "date": "2026-07-10", "close": 336.100006, "volume": 2868965, "typical_volume": 2900904.75, "trend": 305.360693, "fair_value": 230.506857, "relative_strength": 9.262281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.015706, "energy": 75.770648, "activity_lines": [ 338.020007, 322.836145, 307.475266, 306.301684 ] }, { "date": "2026-07-17", "close": 329.5, "volume": 2662953, "typical_volume": 2894335.05, "trend": 306.247472, "fair_value": 231.739626, "relative_strength": 6.926528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.893648, "energy": 71.234893, "activity_lines": [ 337.120005, 326.408206, 310.063769, 307.859059 ] }, { "date": "2026-07-24", "close": 329.799988, "volume": 3101138, "typical_volume": 2876114.3, "trend": 307.374991, "fair_value": 232.920083, "relative_strength": 6.354401, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.999486, "energy": 63.630572, "activity_lines": [ 334.76, 329.191517, 312.712853, 309.378576 ] }, { "date": "2026-07-31", "close": 339.5, "volume": 2650275, "typical_volume": 2839391.35, "trend": 308.565435, "fair_value": 234.188782, "relative_strength": 7.538592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.536102, "energy": 44.674381, "activity_lines": [ 335.606665, 332.621819, 316.21132, 311.451157 ] }, { "date": "2026-08-07", "close": 357.399994, "volume": 2307517, "typical_volume": 2718336.85, "trend": 310.019621, "fair_value": 235.56664, "relative_strength": 10.32332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.762988, "energy": 56.191457, "activity_lines": [ 341.966663, 338.258181, 321.231299, 314.601774 ] } ], "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." } } }