{ "ticker": { "uuid": "5631ad8c-a46c-45fd-851b-05ac90c53da4", "symbol": "N1DA34", "name": "Nasdaq, Inc.", "exchange": "SAO", "country": "BR", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^BVSP", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 48.163, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 42.697, "architecture_energy": 56.772, "architecture_maturity": 7.276, "architecture_confidence": 60.273, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 35.35, "rotation_up": 72.05, "upward_expansion": 60.16, "deceleration": 22.79, "rotation_down": 16.37, "downward_expansion": 18.5 }, "activity_lines": [ 237.289332, 229.715526, 226.423786, 225.306624 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 241.919998, "trend_reference": 226.953579, "distance_from_trend": 0.065945, "trend_direction": "Weakening", "fair_value": 201.099511, "distance_from_fair_value": 0.202987, "fair_value_direction": "Improving", "relative_strength": -1.775571, "relative_strength_direction": "Improving", "price_momentum": 0.096634, "excess_performance": 0.153682, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065945, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.034808, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.202987, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.076284, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017756, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.221747, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.096634, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.482234, "read": "Supply-led" } ], "volume": { "latest": 926, "relative_activity": 0.457103, "balance": 0.482234, "dry_up": 0.497334, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.0526, "annualized_volatility": 0.303334, "from_high_reference": -0.155613, "from_low_reference": 0.201753 }, "levels": { "trend_reference": 226.953579, "fair_value_reference": 201.099511, "structural_low": 201.305889, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.048799, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.00321, "regime_survival": 0.333333, "best_return": 0.058951, "worst_return": -0.057518, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.012465, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.12283, "regime_survival": 0.0, "best_return": 0.071345, "worst_return": -0.220549, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.036416, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.109319, "regime_survival": 0.0, "best_return": 0.135634, "worst_return": -0.259781, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.05114, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.292995, "regime_survival": 0.0, "best_return": 0.846854, "worst_return": -0.216839, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-05-16", "tenure": "Developing", "return": 0.071412, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.035803, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.045988, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-05", "tenure": "Developing", "return": 0.018072, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-11-07", "tenure": "Developing", "return": -0.08456, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.054286, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.032934, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-26", "end": "2026-01-02", "tenure": "New", "return": -0.047024, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-02-20", "tenure": "Developing", "return": -0.195036, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-05-22", "tenure": "Established", "return": 0.021094, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": -0.12663, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": 0.026346, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": 0.017365, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 124.814964, "volume": 964, "typical_volume": 2599.4, "trend": 131.224094, "fair_value": 139.826921, "relative_strength": -15.551103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.998528, "energy": 29.545441, "activity_lines": [ 121.196803, 119.495356, 122.825649, 126.049513 ] }, { "date": "2023-08-25", "close": 125.691269, "volume": 735, "typical_volume": 2604.8, "trend": 130.459672, "fair_value": 139.881725, "relative_strength": -14.925967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.837727, "energy": 24.016053, "activity_lines": [ 123.131812, 120.774937, 122.785284, 125.692557 ] }, { "date": "2023-09-01", "close": 124.055496, "volume": 1143, "typical_volume": 2642.6, "trend": 129.576321, "fair_value": 139.989003, "relative_strength": -17.159847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.533529, "energy": 24.789964, "activity_lines": [ 124.017202, 121.669652, 122.625984, 125.279384 ] }, { "date": "2023-09-08", "close": 125.311539, "volume": 478, "typical_volume": 2655.0, "trend": 128.778311, "fair_value": 140.096576, "relative_strength": -14.043567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.615648, "energy": 18.122432, "activity_lines": [ 124.775368, 122.635888, 122.622545, 125.004237 ] }, { "date": "2023-09-15", "close": 121.085037, "volume": 1531, "typical_volume": 2681.4, "trend": 127.927004, "fair_value": 140.211077, "relative_strength": -18.86488, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.664036, "energy": 18.761114, "activity_lines": [ 123.669022, 122.669385, 122.278558, 124.507897 ] }, { "date": "2023-09-22", "close": 117.793465, "volume": 229, "typical_volume": 2650.75, "trend": 127.095748, "fair_value": 140.281731, "relative_strength": -18.868065, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.97352, "energy": 30.582547, "activity_lines": [ 121.53629, 122.012371, 121.678582, 123.85412 ] }, { "date": "2023-09-29", "close": 118.574844, "volume": 1303, "typical_volume": 2695.35, "trend": 126.335298, "fair_value": 140.332271, "relative_strength": -18.303789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.22926, "energy": 43.453927, "activity_lines": [ 120.132118, 121.510197, 121.215111, 123.304384 ] }, { "date": "2023-10-06", "close": 125.060318, "volume": 292, "typical_volume": 2674.4, "trend": 126.095008, "fair_value": 140.432235, "relative_strength": -11.82883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.986446, "energy": 24.512892, "activity_lines": [ 121.364198, 122.179037, 121.434319, 123.222127 ] }, { "date": "2023-10-13", "close": 122.325478, "volume": 1214, "typical_volume": 2713.8, "trend": 125.657303, "fair_value": 140.514668, "relative_strength": -14.676312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.807646, "energy": 23.748318, "activity_lines": [ 121.617677, 122.18348, 121.434215, 122.978932 ] }, { "date": "2023-10-20", "close": 124.669624, "volume": 1385, "typical_volume": 2595.1, "trend": 125.343307, "fair_value": 140.567398, "relative_strength": -10.926678, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.362569, "energy": 6.704237, "activity_lines": [ 122.851609, 122.544148, 121.697085, 122.915211 ] }, { "date": "2023-10-27", "close": 117.080467, "volume": 865, "typical_volume": 2616.0, "trend": 124.798316, "fair_value": 140.620014, "relative_strength": -15.992976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.426697, "energy": 19.508127, "activity_lines": [ 121.31685, 121.479105, 121.286051, 122.382124 ] }, { "date": "2023-11-03", "close": 120.108299, "volume": 2072, "typical_volume": 2415.7, "trend": 124.354253, "fair_value": 140.660415, "relative_strength": -17.040249, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.545682, "energy": 22.578982, "activity_lines": [ 120.838901, 121.105204, 121.257397, 122.079542 ] }, { "date": "2023-11-10", "close": 124.93335, "volume": 1278, "typical_volume": 2253.8, "trend": 124.129844, "fair_value": 140.762544, "relative_strength": -14.831982, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.828701, "energy": 3.707911, "activity_lines": [ 121.867072, 121.710093, 121.691953, 122.116904 ] }, { "date": "2023-11-17", "close": 127.834236, "volume": 1345, "typical_volume": 2300.4, "trend": 123.780103, "fair_value": 140.927757, "relative_strength": -15.226341, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.785287, "energy": 16.724294, "activity_lines": [ 123.870669, 122.826456, 122.357524, 122.355897 ] }, { "date": "2023-11-24", "close": 132.639755, "volume": 12178, "typical_volume": 2848.55, "trend": 123.762802, "fair_value": 141.09358, "relative_strength": -11.603943, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.912407, "energy": 55.434971, "activity_lines": [ 127.108856, 124.770682, 123.425724, 122.927487 ] }, { "date": "2023-12-01", "close": 133.460175, "volume": 1258, "typical_volume": 2887.55, "trend": 123.850414, "fair_value": 141.299285, "relative_strength": -12.118241, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.297483, "energy": 66.402965, "activity_lines": [ 130.089173, 126.653989, 124.49293, 123.553124 ] }, { "date": "2023-12-08", "close": 130.424942, "volume": 1609, "typical_volume": 2164.25, "trend": 123.790312, "fair_value": 141.502041, "relative_strength": -12.757224, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.147456, "energy": 70.432, "activity_lines": [ 130.965766, 127.700587, 125.199808, 123.977287 ] }, { "date": "2023-12-15", "close": 132.393509, "volume": 3509, "typical_volume": 1783.3, "trend": 123.746706, "fair_value": 141.688911, "relative_strength": -12.829892, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.899499, "energy": 70.856204, "activity_lines": [ 131.810772, 128.88965, 126.035601, 124.532332 ] }, { "date": "2023-12-22", "close": 135.743027, "volume": 6276, "typical_volume": 2036.55, "trend": 123.915907, "fair_value": 141.885698, "relative_strength": -11.810078, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.138324, "energy": 69.922251, "activity_lines": [ 133.27494, 130.554385, 127.111697, 125.306288 ] }, { "date": "2023-12-29", "close": 139.650772, "volume": 4380, "typical_volume": 2202.2, "trend": 124.073166, "fair_value": 142.103105, "relative_strength": -9.630893, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.369385, "energy": 61.024673, "activity_lines": [ 135.514437, 132.685664, 128.477738, 126.321441 ] }, { "date": "2024-01-05", "close": 132.775497, "volume": 880, "typical_volume": 2198.0, "trend": 123.938228, "fair_value": 142.198174, "relative_strength": -12.044628, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.330822, "energy": 47.976416, "activity_lines": [ 134.994774, 133.294508, 129.10564, 126.882882 ] }, { "date": "2024-01-12", "close": 135.145599, "volume": 248, "typical_volume": 2173.65, "trend": 124.413703, "fair_value": 142.309603, "relative_strength": -9.176371, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.483914, "energy": 45.371279, "activity_lines": [ 135.310791, 134.048916, 129.921358, 127.605938 ] }, { "date": "2024-01-19", "close": 139.40593, "volume": 890, "typical_volume": 2161.0, "trend": 125.212942, "fair_value": 142.424185, "relative_strength": -3.363521, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.174917, "energy": 51.081134, "activity_lines": [ 136.732207, 135.304524, 131.097802, 128.573178 ] }, { "date": "2024-01-26", "close": 140.52243, "volume": 705, "typical_volume": 2172.35, "trend": 126.021161, "fair_value": 142.539886, "relative_strength": -3.213681, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.135426, "energy": 49.972302, "activity_lines": [ 138.058296, 136.499994, 132.307481, 129.560887 ] }, { "date": "2024-02-02", "close": 138.47551, "volume": 762, "typical_volume": 2133.9, "trend": 126.769587, "fair_value": 142.651121, "relative_strength": -2.78849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.442324, "energy": 48.920568, "activity_lines": [ 138.38345, 137.092603, 133.249784, 130.364394 ] }, { "date": "2024-02-09", "close": 138.690948, "volume": 1994, "typical_volume": 2222.15, "trend": 127.442757, "fair_value": 142.767159, "relative_strength": -2.783786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.323863, "energy": 47.540479, "activity_lines": [ 138.858769, 137.618277, 134.129792, 131.133514 ] }, { "date": "2024-02-16", "close": 135.145599, "volume": 616, "typical_volume": 2187.8, "trend": 128.010083, "fair_value": 142.83873, "relative_strength": -5.307567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.963476, "energy": 37.986764, "activity_lines": [ 137.75794, 137.404237, 134.572636, 131.630471 ] }, { "date": "2024-02-23", "close": 138.338394, "volume": 1329, "typical_volume": 2239.65, "trend": 128.759132, "fair_value": 142.939423, "relative_strength": -3.120309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.671927, "energy": 33.435761, "activity_lines": [ 137.721377, 137.684876, 135.240647, 132.296814 ] }, { "date": "2024-03-01", "close": 137.68222, "volume": 2496, "typical_volume": 2303.75, "trend": 129.399327, "fair_value": 142.99102, "relative_strength": -2.901447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.404821, "energy": 26.176254, "activity_lines": [ 137.537259, 137.738121, 135.782937, 132.872497 ] }, { "date": "2024-03-08", "close": 146.4673, "volume": 16711, "typical_volume": 3070.05, "trend": 130.21, "fair_value": 143.114442, "relative_strength": 5.23686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.967852, "energy": 43.920978, "activity_lines": [ 140.470847, 139.353396, 137.088774, 133.973656 ] }, { "date": "2024-03-15", "close": 145.994278, "volume": 774, "typical_volume": 3065.5, "trend": 130.915977, "fair_value": 143.240486, "relative_strength": 5.495917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.025134, "energy": 61.02824, "activity_lines": [ 142.713976, 140.758729, 138.245763, 134.991997 ] }, { "date": "2024-03-22", "close": 151.699341, "volume": 9988, "typical_volume": 3461.3, "trend": 131.782913, "fair_value": 143.342517, "relative_strength": 9.686498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.412584, "energy": 78.263344, "activity_lines": [ 146.371903, 142.961006, 139.808406, 136.332859 ] }, { "date": "2024-03-29", "close": 154.281815, "volume": 265, "typical_volume": 3410.65, "trend": 132.790457, "fair_value": 143.462718, "relative_strength": 10.82034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.127828, "energy": 87.914033, "activity_lines": [ 149.787073, 145.331846, 141.466565, 137.784401 ] }, { "date": "2024-04-05", "close": 154.193451, "volume": 8957, "typical_volume": 3791.25, "trend": 133.753187, "fair_value": 143.554483, "relative_strength": 12.114998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.060522, "energy": 87.622455, "activity_lines": [ 152.109893, 147.416149, 142.976554, 139.16524 ] }, { "date": "2024-04-12", "close": 155.067383, "volume": 7591, "typical_volume": 3561.9, "trend": 134.885932, "fair_value": 143.639127, "relative_strength": 13.525879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.04194, "energy": 86.986261, "activity_lines": [ 153.623275, 149.410785, 144.444255, 140.540349 ] }, { "date": "2024-04-19", "close": 153.751572, "volume": 368, "typical_volume": 3517.4, "trend": 136.084535, "fair_value": 143.722001, "relative_strength": 13.496434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.616034, "energy": 80.696612, "activity_lines": [ 154.124714, 150.864512, 145.679842, 141.757487 ] }, { "date": "2024-04-26", "close": 151.296768, "volume": 652, "typical_volume": 3469.55, "trend": 137.175266, "fair_value": 143.801256, "relative_strength": 10.602592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.423577, "energy": 56.400543, "activity_lines": [ 153.290733, 151.598082, 146.585013, 142.738921 ] }, { "date": "2024-05-03", "close": 151.8564, "volume": 485, "typical_volume": 3318.35, "trend": 138.068469, "fair_value": 143.901062, "relative_strength": 9.420506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.396437, "energy": 50.807337, "activity_lines": [ 152.670134, 152.139745, 147.444092, 143.686091 ] }, { "date": "2024-05-10", "close": 152.298325, "volume": 6002, "typical_volume": 3304.65, "trend": 139.067564, "fair_value": 143.998854, "relative_strength": 10.570975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.86966, "energy": 41.414783, "activity_lines": [ 152.358537, 152.515976, 148.252579, 144.604147 ] }, { "date": "2024-05-17", "close": 156.16713, "volume": 7293, "typical_volume": 3450.3, "trend": 140.117481, "fair_value": 144.101433, "relative_strength": 12.869526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.22829, "energy": 46.944364, "activity_lines": [ 153.462884, 153.329879, 149.350689, 145.707344 ] }, { "date": "2024-05-24", "close": 158.081909, "volume": 2081, "typical_volume": 3510.35, "trend": 141.484195, "fair_value": 144.228363, "relative_strength": 17.59157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.328156, "energy": 55.772691, "activity_lines": [ 155.132174, 154.315563, 150.55251, 146.86634 ] }, { "date": "2024-05-31", "close": 151.561874, "volume": 5423, "typical_volume": 3769.1, "trend": 142.532648, "fair_value": 144.334339, "relative_strength": 14.693612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.581253, "energy": 44.297852, "activity_lines": [ 154.33943, 153.896011, 151.012868, 147.516513 ] }, { "date": "2024-06-07", "close": 153.643555, "volume": 1667, "typical_volume": 3807.95, "trend": 143.489655, "fair_value": 144.42168, "relative_strength": 17.335618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.022196, "energy": 43.366398, "activity_lines": [ 154.222906, 153.857446, 151.593308, 148.233345 ] }, { "date": "2024-06-14", "close": 154.360367, "volume": 1448, "typical_volume": 3845.1, "trend": 144.373859, "fair_value": 144.496863, "relative_strength": 18.400229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.42901, "energy": 38.602824, "activity_lines": [ 154.226175, 153.960816, 152.174218, 148.934682 ] }, { "date": "2024-06-21", "close": 160.860596, "volume": 621, "typical_volume": 3838.05, "trend": 145.314554, "fair_value": 144.634923, "relative_strength": 20.920058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.182654, "energy": 48.488794, "activity_lines": [ 156.258718, 155.24301, 153.308303, 149.998342 ] }, { "date": "2024-06-28", "close": 164.977371, "volume": 1303, "typical_volume": 3803.5, "trend": 146.365127, "fair_value": 144.780898, "relative_strength": 20.712125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.185076, "energy": 72.258625, "activity_lines": [ 159.350622, 157.168377, 154.727866, 151.266911 ] }, { "date": "2024-07-05", "close": 162.328064, "volume": 4084, "typical_volume": 3976.9, "trend": 147.428564, "fair_value": 144.891497, "relative_strength": 15.927595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.775822, "energy": 73.921713, "activity_lines": [ 161.099725, 158.407947, 155.76994, 152.296778 ] }, { "date": "2024-07-12", "close": 168.0896, "volume": 430, "typical_volume": 3931.95, "trend": 148.618434, "fair_value": 145.04539, "relative_strength": 16.989568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.09595, "energy": 86.589446, "activity_lines": [ 164.051595, 160.4945, 157.231292, 153.629748 ] }, { "date": "2024-07-19", "close": 171.201828, "volume": 1079, "typical_volume": 3861.1, "trend": 149.800394, "fair_value": 145.149103, "relative_strength": 19.611059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.87056, "energy": 89.56922, "activity_lines": [ 167.077805, 162.851763, 158.847374, 155.086741 ] }, { "date": "2024-07-26", "close": 186.487183, "volume": 3052, "typical_volume": 3178.15, "trend": 151.361608, "fair_value": 145.362933, "relative_strength": 29.311308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.516061, "energy": 97.001523, "activity_lines": [ 174.076368, 167.644482, 161.759587, 157.453631 ] }, { "date": "2024-08-02", "close": 187.82663, "volume": 1611, "typical_volume": 3220.0, "trend": 153.196646, "fair_value": 145.563208, "relative_strength": 30.820817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.457861, "energy": 96.126632, "activity_lines": [ 179.812975, 172.129463, 164.608796, 159.806213 ] }, { "date": "2024-08-09", "close": 185.187134, "volume": 1599, "typical_volume": 2800.55, "trend": 154.864697, "fair_value": 145.736454, "relative_strength": 23.483194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.2046, "energy": 90.563696, "activity_lines": [ 183.146466, 175.593723, 167.007422, 161.870115 ] }, { "date": "2024-08-16", "close": 187.974335, "volume": 477, "typical_volume": 2811.15, "trend": 156.483644, "fair_value": 145.912436, "relative_strength": 21.563122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.556779, "energy": 90.626622, "activity_lines": [ 185.885086, 178.953378, 169.512031, 164.006221 ] }, { "date": "2024-08-23", "close": 190.082001, "volume": 856, "typical_volume": 2406.1, "trend": 158.135629, "fair_value": 146.116006, "relative_strength": 20.788786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.88426, "energy": 81.692847, "activity_lines": [ 188.000613, 182.072049, 172.056928, 166.173857 ] }, { "date": "2024-08-30", "close": 197.655731, "volume": 1127, "typical_volume": 2082.9, "trend": 160.108303, "fair_value": 146.336485, "relative_strength": 24.409043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.95971, "energy": 73.478864, "activity_lines": [ 191.382037, 185.918277, 175.152236, 168.723541 ] }, { "date": "2024-09-06", "close": 197.439056, "volume": 1771, "typical_volume": 2153.05, "trend": 162.066574, "fair_value": 146.550676, "relative_strength": 24.813339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.994702, "energy": 70.879815, "activity_lines": [ 193.946667, 189.056108, 178.024106, 171.131976 ] }, { "date": "2024-09-13", "close": 200.16011, "volume": 705, "typical_volume": 2155.7, "trend": 164.233724, "fair_value": 146.79478, "relative_strength": 25.290835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.79993, "energy": 70.070937, "activity_lines": [ 196.777487, 192.098463, 180.947089, 173.589624 ] }, { "date": "2024-09-20", "close": 202.756027, "volume": 4356, "typical_volume": 2349.25, "trend": 166.380978, "fair_value": 147.026135, "relative_strength": 29.494199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.665874, "energy": 70.188637, "activity_lines": [ 199.475414, 194.924948, 183.884619, 176.074934 ] }, { "date": "2024-09-27", "close": 195.659241, "volume": 490, "typical_volume": 2073.65, "trend": 168.313546, "fair_value": 147.227373, "relative_strength": 22.493262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.525831, "energy": 64.522774, "activity_lines": [ 198.822299, 195.830809, 185.903886, 177.963854 ] }, { "date": "2024-10-04", "close": 194.632767, "volume": 696, "typical_volume": 1743.8, "trend": 169.919061, "fair_value": 147.365729, "relative_strength": 21.97441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.682579, "energy": 58.44462, "activity_lines": [ 197.45521, 196.105359, 187.618912, 179.661868 ] }, { "date": "2024-10-11", "close": 197.99852, "volume": 695, "typical_volume": 1674.5, "trend": 171.652536, "fair_value": 147.507786, "relative_strength": 24.876826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.243535, "energy": 52.79046, "activity_lines": [ 197.41157, 196.843762, 189.471317, 181.473446 ] }, { "date": "2024-10-18", "close": 210.119278, "volume": 890, "typical_volume": 1447.85, "trend": 173.599867, "fair_value": 147.700629, "relative_strength": 30.956854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.264854, "energy": 59.130686, "activity_lines": [ 201.370885, 199.600995, 192.288001, 183.955171 ] }, { "date": "2024-10-25", "close": 211.501129, "volume": 982, "typical_volume": 1413.6, "trend": 175.507178, "fair_value": 147.83774, "relative_strength": 31.212133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.717527, "energy": 65.896644, "activity_lines": [ 205.126873, 202.156163, 194.957445, 186.400414 ] }, { "date": "2024-11-01", "close": 215.360397, "volume": 726, "typical_volume": 1377.5, "trend": 177.546076, "fair_value": 148.028127, "relative_strength": 34.07374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.221425, "energy": 83.851475, "activity_lines": [ 209.586276, 204.985256, 197.718925, 188.97159 ] }, { "date": "2024-11-08", "close": 225.043213, "volume": 913, "typical_volume": 1392.1, "trend": 179.878604, "fair_value": 148.315479, "relative_strength": 38.876642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.995555, "energy": 92.52279, "activity_lines": [ 215.959874, 209.115254, 201.112103, 192.035921 ] }, { "date": "2024-11-15", "close": 224.74707, "volume": 1116, "typical_volume": 1382.75, "trend": 182.24512, "fair_value": 148.561873, "relative_strength": 37.20213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.480887, "energy": 89.695238, "activity_lines": [ 220.207395, 212.693453, 204.171445, 194.930661 ] }, { "date": "2024-11-22", "close": 233.107254, "volume": 1343, "typical_volume": 1245.7, "trend": 184.972137, "fair_value": 148.89921, "relative_strength": 39.271213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.695842, "energy": 91.134914, "activity_lines": [ 225.458407, 217.295176, 207.742377, 198.212089 ] }, { "date": "2024-11-29", "close": 246.481491, "volume": 1733, "typical_volume": 1310.85, "trend": 188.126306, "fair_value": 149.327649, "relative_strength": 49.277411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.242778, "energy": 94.137458, "activity_lines": [ 233.634967, 223.72954, 212.250002, 202.180434 ] }, { "date": "2024-12-06", "close": 242.659683, "volume": 5919, "typical_volume": 1552.85, "trend": 191.138351, "fair_value": 149.711917, "relative_strength": 44.730882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.387621, "energy": 88.844098, "activity_lines": [ 238.205566, 228.674022, 216.020351, 205.698717 ] }, { "date": "2024-12-13", "close": 239.761581, "volume": 994, "typical_volume": 1449.95, "trend": 193.924833, "fair_value": 150.073758, "relative_strength": 42.663583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.175481, "energy": 84.370967, "activity_lines": [ 239.990179, 232.237022, 219.174415, 208.835699 ] }, { "date": "2024-12-20", "close": 233.925797, "volume": 10102, "typical_volume": 1874.5, "trend": 196.452963, "fair_value": 150.381002, "relative_strength": 40.265806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.035914, "energy": 65.971793, "activity_lines": [ 238.848306, 233.918446, 221.519002, 211.416406 ] }, { "date": "2024-12-27", "close": 240.236374, "volume": 885, "typical_volume": 1838.8, "trend": 199.408779, "fair_value": 150.738636, "relative_strength": 44.301307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.822485, "energy": 62.960166, "activity_lines": [ 239.198044, 236.094025, 224.245076, 214.241143 ] }, { "date": "2025-01-03", "close": 241.393631, "volume": 2721, "typical_volume": 1951.0, "trend": 202.333782, "fair_value": 151.16951, "relative_strength": 45.042907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.07, "energy": 58.021217, "activity_lines": [ 239.458259, 237.932431, 226.819227, 216.949843 ] }, { "date": "2025-01-10", "close": 230.266083, "volume": 2699, "typical_volume": 2043.15, "trend": 204.863972, "fair_value": 151.593225, "relative_strength": 36.290356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.259042, "energy": 42.844816, "activity_lines": [ 236.348482, 237.204147, 228.079233, 218.751927 ] }, { "date": "2025-01-17", "close": 237.981201, "volume": 817, "typical_volume": 2027.65, "trend": 207.434659, "fair_value": 152.131016, "relative_strength": 35.273484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.13867, "energy": 40.839868, "activity_lines": [ 236.636652, 237.607598, 229.88266, 220.888522 ] }, { "date": "2025-01-24", "close": 237.67453, "volume": 1704, "typical_volume": 2024.3, "trend": 209.857898, "fair_value": 152.702176, "relative_strength": 33.472241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.513388, "energy": 36.222598, "activity_lines": [ 236.941289, 237.720055, 231.464853, 222.839481 ] }, { "date": "2025-01-31", "close": 236.932709, "volume": 1744, "typical_volume": 2076.25, "trend": 212.344719, "fair_value": 153.24852, "relative_strength": 27.830555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.480888, "energy": 29.970212, "activity_lines": [ 236.748738, 237.462591, 232.7848, 224.586243 ] }, { "date": "2025-02-07", "close": 237.902054, "volume": 3583, "typical_volume": 2037.6, "trend": 214.671801, "fair_value": 153.851768, "relative_strength": 28.526065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.219767, "energy": 32.442389, "activity_lines": [ 237.099545, 237.311817, 234.021958, 226.235104 ] }, { "date": "2025-02-14", "close": 232.046509, "volume": 508, "typical_volume": 2038.5, "trend": 216.699957, "fair_value": 154.439577, "relative_strength": 20.655747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.036964, "energy": 25.398007, "activity_lines": [ 235.731277, 236.252389, 234.534082, 227.356053 ] }, { "date": "2025-02-21", "close": 231.017807, "volume": 207, "typical_volume": 2014.05, "trend": 218.184311, "fair_value": 155.01234, "relative_strength": 20.000465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.662676, "energy": 18.705311, "activity_lines": [ 233.901412, 235.198891, 234.774963, 228.279785 ] }, { "date": "2025-02-28", "close": 238.574646, "volume": 838, "typical_volume": 2021.2, "trend": 219.875912, "fair_value": 155.662545, "relative_strength": 26.881448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.472618, "energy": 21.107481, "activity_lines": [ 235.05472, 235.678341, 235.56228, 229.59529 ] }, { "date": "2025-03-07", "close": 214.113815, "volume": 647, "typical_volume": 2009.05, "trend": 220.840135, "fair_value": 156.179354, "relative_strength": 11.055254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.156279, "energy": 12.33719, "activity_lines": [ 227.99441, 231.625843, 233.826774, 229.223542 ] }, { "date": "2025-03-14", "close": 207.753799, "volume": 740, "typical_volume": 1996.95, "trend": 221.49945, "fair_value": 156.595845, "relative_strength": 3.884404, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.908876, "energy": 33.656518, "activity_lines": [ 220.335354, 226.891934, 231.466532, 228.379262 ] }, { "date": "2025-03-21", "close": 214.346481, "volume": 453, "typical_volume": 1983.3, "trend": 222.308266, "fair_value": 157.124584, "relative_strength": 3.88917, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.441622, "energy": 47.889599, "activity_lines": [ 216.883743, 223.968328, 229.752008, 227.917781 ] }, { "date": "2025-03-28", "close": 215.694763, "volume": 767, "typical_volume": 1976.0, "trend": 222.909567, "fair_value": 157.646276, "relative_strength": 4.339117, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.993576, "energy": 51.220334, "activity_lines": [ 215.061561, 221.579311, 228.17072, 227.491103 ] }, { "date": "2025-04-04", "close": 198.524017, "volume": 698, "typical_volume": 1955.1, "trend": 222.945733, "fair_value": 158.033427, "relative_strength": -0.879226, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.004804, "energy": 65.530388, "activity_lines": [ 208.537333, 216.473549, 224.998639, 225.917842 ] }, { "date": "2025-04-11", "close": 206.921036, "volume": 4230, "typical_volume": 2099.45, "trend": 223.171097, "fair_value": 158.485824, "relative_strength": 2.481042, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.994832, "energy": 53.311069, "activity_lines": [ 207.482153, 213.606344, 222.751146, 224.88399 ] }, { "date": "2025-04-18", "close": 210.767593, "volume": 364, "typical_volume": 2031.0, "trend": 223.438149, "fair_value": 159.013112, "relative_strength": 2.307831, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.940991, "energy": 42.384281, "activity_lines": [ 208.188678, 211.984181, 220.994688, 224.083764 ] }, { "date": "2025-04-25", "close": 211.461548, "volume": 1787, "typical_volume": 1824.4, "trend": 223.964893, "fair_value": 159.573876, "relative_strength": -1.676753, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.468408, "energy": 43.273204, "activity_lines": [ 208.925601, 210.981544, 219.474388, 223.31108 ] }, { "date": "2025-05-02", "close": 217.459427, "volume": 1646, "typical_volume": 1857.0, "trend": 224.725781, "fair_value": 160.181505, "relative_strength": 0.299889, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -42.228021, "energy": 28.028087, "activity_lines": [ 211.854146, 211.443704, 218.673876, 222.891373 ] }, { "date": "2025-05-09", "close": 222.247787, "volume": 2361, "typical_volume": 1469.95, "trend": 225.53409, "fair_value": 160.84806, "relative_strength": 0.94797, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -36.258651, "energy": 19.800334, "activity_lines": [ 216.261167, 213.02299, 218.435599, 222.731502 ] }, { "date": "2025-05-16", "close": 229.653381, "volume": 488, "typical_volume": 1450.1, "trend": 226.185227, "fair_value": 161.59467, "relative_strength": 1.783436, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -14.739678, "energy": 17.301257, "activity_lines": [ 221.555135, 216.2456, 218.958227, 222.997263 ] }, { "date": "2025-05-23", "close": 226.500809, "volume": 734, "typical_volume": 1350.75, "trend": 226.685216, "fair_value": 162.294065, "relative_strength": 0.933904, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.781364, "energy": 21.015288, "activity_lines": [ 224.282755, 218.612477, 219.231005, 223.017623 ] }, { "date": "2025-05-30", "close": 234.610291, "volume": 418, "typical_volume": 1236.7, "trend": 227.326879, "fair_value": 163.048937, "relative_strength": 4.57422, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.072062, "energy": 30.67958, "activity_lines": [ 228.664656, 222.112951, 220.347033, 223.528918 ] }, { "date": "2025-06-06", "close": 235.086166, "volume": 453, "typical_volume": 1218.5, "trend": 227.661644, "fair_value": 163.787916, "relative_strength": 4.937623, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.653893, "energy": 45.800805, "activity_lines": [ 231.661931, 225.331515, 221.487695, 224.029517 ] }, { "date": "2025-06-13", "close": 237.730438, "volume": 393, "typical_volume": 1152.95, "trend": 228.094423, "fair_value": 164.517548, "relative_strength": 4.717255, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.524089, "energy": 52.542341, "activity_lines": [ 234.365515, 228.678285, 222.893979, 224.679117 ] }, { "date": "2025-06-20", "close": 235.345993, "volume": 282, "typical_volume": 1079.85, "trend": 228.169048, "fair_value": 165.16921, "relative_strength": 3.271289, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.774346, "energy": 51.447232, "activity_lines": [ 235.242107, 230.878675, 224.072907, 225.14696 ] }, { "date": "2025-06-27", "close": 242.022476, "volume": 530, "typical_volume": 927.2, "trend": 228.020414, "fair_value": 165.886192, "relative_strength": 5.859868, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.348402, "energy": 54.110111, "activity_lines": [ 237.964686, 233.776153, 225.895245, 226.04073 ] }, { "date": "2025-07-04", "close": 247.745163, "volume": 739, "typical_volume": 938.75, "trend": 228.18993, "fair_value": 166.624863, "relative_strength": 4.271631, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.019865, "energy": 66.650569, "activity_lines": [ 241.560049, 237.14585, 228.242981, 227.313294 ] }, { "date": "2025-07-11", "close": 245.897217, "volume": 13248, "typical_volume": 1590.8, "trend": 228.394451, "fair_value": 167.337884, "relative_strength": 6.900772, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.298205, "energy": 77.20133, "activity_lines": [ 243.663773, 239.519854, 230.339966, 228.4557 ] }, { "date": "2025-07-18", "close": 247.387527, "volume": 353, "typical_volume": 1566.55, "trend": 228.843176, "fair_value": 167.956829, "relative_strength": 9.172497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.74512, "energy": 78.993872, "activity_lines": [ 245.543529, 241.647774, 232.508031, 229.681059 ] }, { "date": "2025-07-25", "close": 261.674377, "volume": 549, "typical_volume": 1561.65, "trend": 229.557776, "fair_value": 168.674003, "relative_strength": 14.709141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.727957, "energy": 88.235948, "activity_lines": [ 251.541763, 245.916215, 235.994783, 231.799201 ] }, { "date": "2025-08-01", "close": 262.349976, "volume": 1256, "typical_volume": 1587.45, "trend": 230.256321, "fair_value": 169.388862, "relative_strength": 15.315115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.946237, "energy": 87.778524, "activity_lines": [ 256.009971, 249.725294, 239.319398, 233.914827 ] }, { "date": "2025-08-08", "close": 262.707672, "volume": 580, "typical_volume": 1593.8, "trend": 231.337707, "fair_value": 170.084353, "relative_strength": 11.874004, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.74489, "energy": 87.41168, "activity_lines": [ 259.242244, 252.947605, 242.418098, 236.008463 ] }, { "date": "2025-08-15", "close": 255.99144, "volume": 185, "typical_volume": 1564.7, "trend": 231.938048, "fair_value": 170.708935, "relative_strength": 8.101001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.826569, "energy": 79.081771, "activity_lines": [ 259.238273, 254.437921, 244.646866, 237.599026 ] }, { "date": "2025-08-22", "close": 256.249756, "volume": 205, "typical_volume": 1540.05, "trend": 232.557222, "fair_value": 171.375233, "relative_strength": 6.397281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.959522, "energy": 58.841169, "activity_lines": [ 258.647459, 255.595108, 246.708346, 239.167524 ] }, { "date": "2025-08-29", "close": 254.699829, "volume": 390, "typical_volume": 1348.05, "trend": 233.14946, "fair_value": 172.068006, "relative_strength": 2.777215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.265669, "energy": 51.19968, "activity_lines": [ 256.949187, 256.133775, 248.347329, 240.596079 ] }, { "date": "2025-09-05", "close": 251.858368, "volume": 4239, "typical_volume": 1541.8, "trend": 233.61467, "fair_value": 172.67598, "relative_strength": 0.433758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.470833, "energy": 36.470624, "activity_lines": [ 254.768732, 255.803925, 249.488179, 241.803105 ] }, { "date": "2025-09-12", "close": 252.869797, "volume": 924, "typical_volume": 1498.65, "trend": 234.30878, "fair_value": 173.306167, "relative_strength": 0.774483, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.257501, "energy": 32.466093, "activity_lines": [ 253.62486, 255.479137, 250.529685, 243.045371 ] }, { "date": "2025-09-19", "close": 237.001968, "volume": 3422, "typical_volume": 1587.45, "trend": 234.508252, "fair_value": 173.906748, "relative_strength": -7.953859, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.184741, "energy": 18.361946, "activity_lines": [ 247.84757, 252.176113, 249.862787, 243.219125 ] }, { "date": "2025-09-26", "close": 232.781158, "volume": 15663, "typical_volume": 2252.55, "trend": 234.315136, "fair_value": 174.447859, "relative_strength": -9.457926, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.31668, "energy": 23.337146, "activity_lines": [ 241.929308, 248.267402, 248.700848, 243.1077 ] }, { "date": "2025-10-03", "close": 233.14949, "volume": 239, "typical_volume": 2240.1, "trend": 234.949658, "fair_value": 175.016212, "relative_strength": -8.670198, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.730174, "energy": 30.329241, "activity_lines": [ 237.698397, 244.69123, 247.523829, 243.032497 ] }, { "date": "2025-10-10", "close": 244.288818, "volume": 522, "typical_volume": 2229.5, "trend": 236.167492, "fair_value": 175.681098, "relative_strength": -2.138401, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.144137, "energy": 24.976137, "activity_lines": [ 238.617284, 243.659025, 247.39105, 243.635024 ] }, { "date": "2025-10-17", "close": 241.302399, "volume": 1126, "typical_volume": 2264.9, "trend": 237.066023, "fair_value": 176.315728, "relative_strength": -5.242202, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.266664, "energy": 20.082697, "activity_lines": [ 239.045335, 242.41222, 246.889146, 243.966308 ] }, { "date": "2025-10-24", "close": 237.947662, "volume": 4418, "typical_volume": 2463.15, "trend": 237.807786, "fair_value": 176.821614, "relative_strength": -8.331815, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.272824, "energy": 16.30482, "activity_lines": [ 239.1263, 240.944649, 246.035875, 244.023188 ] }, { "date": "2025-10-31", "close": 229.068054, "volume": 523, "typical_volume": 2469.65, "trend": 238.825921, "fair_value": 177.330836, "relative_strength": -13.600684, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.642889, "energy": 27.293107, "activity_lines": [ 236.184349, 238.190672, 244.323302, 243.459334 ] }, { "date": "2025-11-07", "close": 231.48703, "volume": 1045, "typical_volume": 2507.8, "trend": 239.644787, "fair_value": 177.721407, "relative_strength": -15.014375, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.316792, "energy": 34.284902, "activity_lines": [ 234.296265, 236.370722, 242.882356, 242.985857 ] }, { "date": "2025-11-14", "close": 231.218277, "volume": 2681, "typical_volume": 2615.35, "trend": 240.326476, "fair_value": 178.119393, "relative_strength": -16.82578, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.78955, "energy": 48.134416, "activity_lines": [ 232.429426, 234.923959, 241.434191, 242.442212 ] }, { "date": "2025-11-21", "close": 235.837265, "volume": 2632, "typical_volume": 2710.0, "trend": 241.139, "fair_value": 178.510623, "relative_strength": -13.270412, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.11727, "energy": 40.908983, "activity_lines": [ 232.97362, 234.692286, 240.477378, 242.152585 ] }, { "date": "2025-11-28", "close": 238.913269, "volume": 880, "typical_volume": 2091.6, "trend": 241.854128, "fair_value": 178.930811, "relative_strength": -14.083273, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.862908, "energy": 21.452141, "activity_lines": [ 234.90749, 235.32957, 239.870223, 242.008989 ] }, { "date": "2025-12-05", "close": 243.770111, "volume": 1346, "typical_volume": 2141.25, "trend": 242.571539, "fair_value": 179.454399, "relative_strength": -11.018331, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -31.008116, "energy": 15.018241, "activity_lines": [ 238.395934, 236.815164, 239.75888, 242.132601 ] }, { "date": "2025-12-12", "close": 254.17662, "volume": 1076, "typical_volume": 2167.6, "trend": 243.388981, "fair_value": 180.079931, "relative_strength": -8.834713, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.021808, "energy": 17.235338, "activity_lines": [ 244.373077, 239.993052, 240.65586, 242.881316 ] }, { "date": "2025-12-19", "close": 262.54776, "volume": 774, "typical_volume": 2143.5, "trend": 244.590546, "fair_value": 180.785008, "relative_strength": -4.194452, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.429845, "energy": 35.486937, "activity_lines": [ 251.627961, 244.310653, 242.385794, 244.117366 ] }, { "date": "2025-12-26", "close": 274.770172, "volume": 699, "typical_volume": 2149.45, "trend": 245.929208, "fair_value": 181.525892, "relative_strength": -0.925718, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.568809, "energy": 68.770665, "activity_lines": [ 260.86835, 250.518531, 245.278826, 246.064439 ] }, { "date": "2026-01-02", "close": 261.849335, "volume": 382, "typical_volume": 2159.3, "trend": 246.821314, "fair_value": 182.204323, "relative_strength": -4.944078, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 53.610115, "energy": 69.041314, "activity_lines": [ 263.206266, 253.768661, 246.883862, 247.091544 ] }, { "date": "2026-01-09", "close": 264.533264, "volume": 1181, "typical_volume": 2208.1, "trend": 247.714741, "fair_value": 182.891475, "relative_strength": -5.296196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.137758, "energy": 73.41842, "activity_lines": [ 264.909754, 257.072201, 248.716615, 248.23425 ] }, { "date": "2026-01-16", "close": 272.275818, "volume": 9789, "typical_volume": 2678.05, "trend": 248.945736, "fair_value": 183.635257, "relative_strength": -3.050732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.330209, "energy": 71.955842, "activity_lines": [ 267.809884, 261.138657, 251.247309, 249.818836 ] }, { "date": "2026-01-23", "close": 258.96582, "volume": 704, "typical_volume": 2501.3, "trend": 249.510514, "fair_value": 184.342577, "relative_strength": -14.562605, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.913936, "energy": 41.010758, "activity_lines": [ 265.066734, 262.043499, 252.426688, 250.465293 ] }, { "date": "2026-01-30", "close": 254.166656, "volume": 776, "typical_volume": 2493.9, "trend": 249.724563, "fair_value": 185.006747, "relative_strength": -16.854075, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.661562, "energy": 28.898314, "activity_lines": [ 260.962658, 261.571265, 253.11516, 250.765689 ] }, { "date": "2026-02-06", "close": 220.602371, "volume": 13814, "typical_volume": 3013.5, "trend": 248.881402, "fair_value": 185.464123, "relative_strength": -27.88097, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -18.794047, "energy": 18.002647, "activity_lines": [ 247.044056, 254.663172, 250.600857, 248.886838 ] }, { "date": "2026-02-13", "close": 207.272446, "volume": 3191, "typical_volume": 2389.9, "trend": 247.544233, "fair_value": 185.852893, "relative_strength": -32.977553, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "down", "direction": -67.982195, "energy": 49.982926, "activity_lines": [ 231.431943, 245.664382, 246.895132, 246.202389 ] }, { "date": "2026-02-20", "close": 212.939651, "volume": 165, "typical_volume": 2386.2, "trend": 245.919742, "fair_value": 186.302948, "relative_strength": -32.064759, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "down", "direction": -70.736426, "energy": 67.771344, "activity_lines": [ 221.526286, 238.359587, 243.85061, 243.969836 ] }, { "date": "2026-02-27", "close": 223.066818, "volume": 1434, "typical_volume": 2431.8, "trend": 244.610303, "fair_value": 186.826527, "relative_strength": -27.5304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.860364, "energy": 71.186772, "activity_lines": [ 218.952095, 233.645857, 241.866817, 242.495454 ] }, { "date": "2026-03-06", "close": 231.088715, "volume": 1219, "typical_volume": 2436.45, "trend": 243.556338, "fair_value": 187.459987, "relative_strength": -20.58333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.695067, "energy": 69.152687, "activity_lines": [ 221.445138, 231.10849, 240.748072, 241.623093 ] }, { "date": "2026-03-13", "close": 223.0, "volume": 1530, "typical_volume": 2292.05, "trend": 242.456623, "fair_value": 188.021163, "relative_strength": -22.296888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.684481, "energy": 48.207964, "activity_lines": [ 222.780471, 227.894655, 238.907609, 240.296878 ] }, { "date": "2026-03-20", "close": 228.160004, "volume": 1914, "typical_volume": 2361.6, "trend": 241.520298, "fair_value": 188.624179, "relative_strength": -19.54082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.558516, "energy": 33.045757, "activity_lines": [ 225.675963, 226.325355, 237.629755, 239.374515 ] }, { "date": "2026-03-27", "close": 214.169998, "volume": 298, "typical_volume": 2324.25, "trend": 240.169304, "fair_value": 189.141742, "relative_strength": -26.293519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.818211, "energy": 37.572718, "activity_lines": [ 222.515617, 222.873749, 235.023844, 237.60998 ] }, { "date": "2026-04-03", "close": 222.889999, "volume": 2867, "typical_volume": 2333.55, "trend": 239.203691, "fair_value": 189.715202, "relative_strength": -25.606867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.99532, "energy": 31.256684, "activity_lines": [ 222.179914, 222.064068, 233.33087, 236.495186 ] }, { "date": "2026-04-10", "close": 208.402344, "volume": 13136, "typical_volume": 2858.75, "trend": 237.721443, "fair_value": 190.207104, "relative_strength": -33.256045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.364616, "energy": 45.004262, "activity_lines": [ 217.026781, 219.276191, 230.297779, 234.508002 ] }, { "date": "2026-04-17", "close": 220.722931, "volume": 2405, "typical_volume": 2935.0, "trend": 237.178809, "fair_value": 190.735286, "relative_strength": -28.302031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.741262, "energy": 45.514099, "activity_lines": [ 217.492935, 219.560499, 228.568719, 233.411324 ] }, { "date": "2026-04-24", "close": 223.496307, "volume": 4399, "typical_volume": 3087.65, "trend": 236.869313, "fair_value": 191.314373, "relative_strength": -25.138257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.269461, "energy": 34.343883, "activity_lines": [ 219.035352, 220.346866, 227.190411, 232.528582 ] }, { "date": "2026-05-01", "close": 226.894394, "volume": 578, "typical_volume": 3062.75, "trend": 236.66081, "fair_value": 191.930159, "relative_strength": -22.229369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.160935, "energy": 25.967777, "activity_lines": [ 222.021379, 221.456087, 226.232272, 231.885039 ] }, { "date": "2026-05-08", "close": 216.85939, "volume": 939, "typical_volume": 3071.0, "trend": 235.746496, "fair_value": 192.472668, "relative_strength": -23.950294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.899537, "energy": 24.615884, "activity_lines": [ 220.81411, 220.48704, 224.448334, 230.607528 ] }, { "date": "2026-05-15", "close": 229.418106, "volume": 736, "typical_volume": 3072.85, "trend": 235.350353, "fair_value": 193.086234, "relative_strength": -16.078462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.474715, "energy": 18.178366, "activity_lines": [ 224.195121, 221.914258, 224.078028, 230.199245 ] }, { "date": "2026-05-22", "close": 227.772202, "volume": 8244, "typical_volume": 3465.95, "trend": 235.011171, "fair_value": 193.708704, "relative_strength": -15.804366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.625036, "energy": 16.694522, "activity_lines": [ 225.626447, 223.072595, 223.766931, 229.710332 ] }, { "date": "2026-05-29", "close": 232.879471, "volume": 669, "typical_volume": 3440.35, "trend": 235.138218, "fair_value": 194.336566, "relative_strength": -12.308009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.668301, "energy": 10.555279, "activity_lines": [ 228.290244, 225.072759, 224.104513, 229.572803 ] }, { "date": "2026-06-05", "close": 223.063934, "volume": 26, "typical_volume": 2952.2, "trend": 234.857448, "fair_value": 194.889388, "relative_strength": -13.188876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.252387, "energy": 14.798244, "activity_lines": [ 227.056651, 225.202472, 223.658014, 228.793817 ] }, { "date": "2026-06-12", "close": 225.720001, "volume": 144, "typical_volume": 2924.2, "trend": 234.674172, "fair_value": 195.561431, "relative_strength": -12.784048, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.548576, "energy": 12.046655, "activity_lines": [ 226.963778, 225.653398, 223.698816, 228.204304 ] }, { "date": "2026-06-19", "close": 210.0, "volume": 1104, "typical_volume": 2940.6, "trend": 233.81293, "fair_value": 196.167657, "relative_strength": -17.131339, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.063593, "energy": 27.19321, "activity_lines": [ 221.040197, 223.194687, 222.400789, 226.612422 ] }, { "date": "2026-06-26", "close": 203.389999, "volume": 170, "typical_volume": 2258.4, "trend": 232.628821, "fair_value": 196.72608, "relative_strength": -21.326812, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.744145, "energy": 62.059075, "activity_lines": [ 214.207822, 219.50511, 220.683555, 224.649652 ] }, { "date": "2026-07-03", "close": 218.25, "volume": 20, "typical_volume": 2099.85, "trend": 231.778151, "fair_value": 197.381384, "relative_strength": -15.506002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.689843, "energy": 52.092938, "activity_lines": [ 213.954262, 218.832496, 220.463523, 223.721986 ] }, { "date": "2026-07-10", "close": 224.0, "volume": 751, "typical_volume": 2129.15, "trend": 230.772264, "fair_value": 198.057692, "relative_strength": -14.428726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.170437, "energy": 41.988974, "activity_lines": [ 216.592667, 219.300723, 220.738836, 223.22017 ] }, { "date": "2026-07-17", "close": 234.960007, "volume": 1481, "typical_volume": 2131.5, "trend": 229.852672, "fair_value": 198.806629, "relative_strength": -7.489481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.821542, "energy": 6.454533, "activity_lines": [ 222.822002, 221.814304, 222.005291, 223.490347 ] }, { "date": "2026-07-24", "close": 233.220001, "volume": 1179, "typical_volume": 2129.5, "trend": 228.467666, "fair_value": 199.558893, "relative_strength": -7.594387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.092759, "energy": 15.110285, "activity_lines": [ 227.855335, 223.682418, 223.049397, 223.707594 ] }, { "date": "2026-07-31", "close": 239.039993, "volume": 444, "typical_volume": 2075.2, "trend": 227.707355, "fair_value": 200.331736, "relative_strength": -6.603683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.591724, "energy": 34.834302, "activity_lines": [ 233.280666, 226.539588, 224.637639, 224.38968 ] }, { "date": "2026-08-07", "close": 241.919998, "volume": 926, "typical_volume": 2025.8, "trend": 226.953579, "fair_value": 201.099511, "relative_strength": -1.775571, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.697316, "energy": 56.772051, "activity_lines": [ 237.289332, 229.715526, 226.423786, 225.306624 ] } ], "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." } } }