{ "ticker": { "uuid": "59caf5c2-b7ed-4977-95d7-24878de73467", "symbol": "ALAB", "name": "Astera Labs, Inc.", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 33.107, "architecture_energy": 25.272, "architecture_maturity": 79.0, "architecture_confidence": 96, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 43.69, "rotation_up": 25.57, "upward_expansion": 57.96, "deceleration": 88.33, "rotation_down": 32.93, "downward_expansion": 19.29 }, "activity_lines": [ 320.714667, 345.094545, 322.528905, 281.44372 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 334.17, "trend_reference": 233.631667, "distance_from_trend": 0.430328, "trend_direction": "Improving", "fair_value": 134.5076, "distance_from_fair_value": 1.484395, "fair_value_direction": "Improving", "relative_strength": 42.348733, "relative_strength_direction": "Improving", "price_momentum": 0.967442, "excess_performance": 0.779988, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.430328, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.388172, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.484395, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.676637, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.423487, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.313866, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.967442, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.722804, "read": "Demand-led" } ], "volume": { "latest": 31970642, "relative_activity": 1.173293, "balance": 2.722804, "dry_up": 0.915602, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.242064, "annualized_volatility": 0.959847, "from_high_reference": -0.330959, "from_low_reference": 2.41373 }, "levels": { "trend_reference": 233.631667, "fair_value_reference": 134.5076, "structural_low": 97.89, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.107056, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.098942, "regime_survival": 0.666667, "best_return": 0.159379, "worst_return": -0.14045, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.028429, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.018028, "regime_survival": 0.0, "best_return": 0.028429, "worst_return": 0.028429, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.290174, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.212833, "regime_survival": 0.0, "best_return": 0.290174, "worst_return": 0.290174, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": -0.192032, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2026-01-02", "tenure": "Developing", "return": 0.08844, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-02-13", "tenure": "Developing", "return": -0.204723, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.34215, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": 0.093216, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-24", "tenure": "Developing", "return": -0.049857, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.073708, "active": true } ], "chart_path": [ { "date": "2024-03-22", "close": 70.0, "volume": 32685044, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 74.19, "volume": 23908254, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 71.34, "volume": 11176982, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 72.73, "volume": 7573157, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 64.49, "volume": 10803728, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 85.0, "volume": 8610780, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 76.96, "volume": 14333663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 70.08, "volume": 14865657, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 72.5, "volume": 9675932, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 71.99, "volume": 6776251, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 64.54, "volume": 7903181, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 61.94, "volume": 8051014, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 63.92, "volume": 6857992, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 59.01, "volume": 8906987, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 60.51, "volume": 8214181, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 59.44, "volume": 4299874, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 55.89, "volume": 6210199, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 51.64, "volume": 7222669, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 47.135, "volume": 8302762, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 42.38, "volume": 10066087, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 40.91, "volume": 19592186, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 40.91, "volume": 15397037, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 41.77, "volume": 11880491, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 43.06, "volume": 26303489, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 40.0, "volume": 13838363, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 43.45, "volume": 12930065, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 50.51, "volume": 24406793, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 53.52, "volume": 14563544, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 52.34, "volume": 11374233, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 66.69, "volume": 32662919, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 66.87, "volume": 18211074, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 72.67, "volume": 17153288, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 72.65, "volume": 11007531, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 99.3, "volume": 56828704, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 86.45, "volume": 22988591, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 102.28, "volume": 32156752, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 103.25, "volume": 19246236, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 120.4, "volume": 23063981, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 132.14, "volume": 18909348, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 132.17, "volume": 34563846, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 141.53, "volume": 13605669, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 140.93, "volume": 11528998, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 129.7, "volume": 13319462, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 133.3, "volume": 17191147, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 115.55, "volume": 21305485, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 101.42, "volume": 42621633, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 101.29, "volume": 21882007, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 87.85, "volume": 44830436, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 85.72, "volume": 18682589, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 74.35, "volume": 32431376, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 66.92, "volume": 31831140, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 72.18, "volume": 21475816, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 71.1, "volume": 15589189, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 60.78, "volume": 13338130, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 52.94, "volume": 23974738, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 60.13, "volume": 25296167, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 58.96, "volume": 10757509, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 66.11, "volume": 16121409, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 71.27, "volume": 12157076, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 71.2, "volume": 23334120, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 90.56, "volume": 27377535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 94.62, "volume": 21319563, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 90.72, "volume": 21831515, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 90.75, "volume": 16975934, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 89.73, "volume": 16055956, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 93.075, "volume": 18622174, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 91.02, "volume": 38036204, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 90.8, "volume": 14522054, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 95.9, "volume": 21238255, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 102.13, "volume": 23141287, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 122.23, "volume": 34064254, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 131.1, "volume": 34781941, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 179.28, "volume": 45940924, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 185.85, "volume": 25338991, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-22", "close": 179.09, "volume": 24726126, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 182.2, "volume": 17466038, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 191.2, "volume": 22619766, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-12", "close": 229.5, "volume": 28422980, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-19", "close": 245.2, "volume": 42172620, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-26", "close": 197.78, "volume": 35395199, "typical_volume": 26502465.8, "trend": 114.144167, "fair_value": 91.162375, "relative_strength": 62.095282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.516557, "energy": 66.627455, "activity_lines": [ 214.853333, 200.242182, 164.84581, 141.791785 ] }, { "date": "2025-10-03", "close": 200.74, "volume": 26279118, "typical_volume": 26447544.95, "trend": 118.604833, "fair_value": 92.515185, "relative_strength": 59.192783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.323367, "energy": 63.773998, "activity_lines": [ 212.041333, 203.223455, 170.760405, 147.378613 ] }, { "date": "2025-10-10", "close": 206.21, "volume": 28795357, "typical_volume": 26821334.65, "trend": 123.0725, "fair_value": 93.901707, "relative_strength": 64.096607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.7867, "energy": 55.631739, "activity_lines": [ 209.816667, 205.771818, 176.671286, 153.030559 ] }, { "date": "2025-10-17", "close": 159.8, "volume": 44904697, "typical_volume": 27974993.75, "trend": 126.029167, "fair_value": 94.695663, "relative_strength": 22.702309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.235134, "energy": 29.05548, "activity_lines": [ 191.121333, 198.516364, 177.630786, 155.400075 ] }, { "date": "2025-10-24", "close": 164.97, "volume": 25333584, "typical_volume": 28392876.25, "trend": 129.502167, "fair_value": 95.532262, "relative_strength": 22.657868, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.946349, "energy": 24.204332, "activity_lines": [ 178.796, 192.555091, 178.753714, 157.912387 ] }, { "date": "2025-10-31", "close": 186.68, "volume": 22541023, "typical_volume": 28717129.6, "trend": 133.960167, "fair_value": 96.604588, "relative_strength": 34.416076, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.339476, "energy": 22.720147, "activity_lines": [ 179.056, 190.920727, 181.590833, 161.60128 ] }, { "date": "2025-11-07", "close": 165.49, "volume": 37480761, "typical_volume": 29660058.95, "trend": 137.472167, "fair_value": 97.405581, "relative_strength": 22.114477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.087985, "energy": 23.392043, "activity_lines": [ 172.992667, 185.295636, 181.94819, 163.635462 ] }, { "date": "2025-11-14", "close": 144.34, "volume": 27435192, "typical_volume": 29130008.35, "trend": 140.318167, "fair_value": 97.945057, "relative_strength": 6.092373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.248005, "energy": 12.698122, "activity_lines": [ 162.229333, 176.128909, 179.946429, 164.078548 ] }, { "date": "2025-11-21", "close": 141.8, "volume": 30846846, "typical_volume": 29946247.95, "trend": 142.841167, "fair_value": 98.443409, "relative_strength": 7.202852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.164786, "energy": 15.249932, "activity_lines": [ 154.744, 167.352364, 177.448857, 164.174151 ] }, { "date": "2025-11-28", "close": 157.57, "volume": 25321799, "typical_volume": 30150425.15, "trend": 145.717833, "fair_value": 99.107753, "relative_strength": 13.019109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.367096, "energy": 17.804485, "activity_lines": [ 153.715333, 163.037636, 176.210333, 165.124398 ] }, { "date": "2025-12-05", "close": 161.23, "volume": 41387178, "typical_volume": 31062719.7, "trend": 148.718833, "fair_value": 99.798, "relative_strength": 14.220598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.966119, "energy": 15.923287, "activity_lines": [ 154.4, 160.981636, 175.026714, 166.125183 ] }, { "date": "2025-12-12", "close": 148.85, "volume": 31719354, "typical_volume": 30945474.7, "trend": 150.661833, "fair_value": 100.337033, "relative_strength": 7.560031, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.39637, "energy": 14.818324, "activity_lines": [ 152.654667, 157.339273, 172.382619, 166.133645 ] }, { "date": "2025-12-19", "close": 164.4, "volume": 26569324, "typical_volume": 30534843.85, "trend": 152.987833, "fair_value": 101.03337, "relative_strength": 18.033139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.140852, "energy": 8.373947, "activity_lines": [ 157.202, 157.467636, 171.092714, 167.019978 ] }, { "date": "2025-12-26", "close": 167.26, "volume": 10699832, "typical_volume": 28772789.25, "trend": 155.539167, "fair_value": 101.745484, "relative_strength": 18.659285, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.515439, "energy": 9.90019, "activity_lines": [ 161.365333, 158.876182, 169.916619, 167.940763 ] }, { "date": "2026-01-02", "close": 179.56, "volume": 12438485, "typical_volume": 28127763.95, "trend": 158.4995, "fair_value": 102.573298, "relative_strength": 29.4055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.201448, "energy": 16.947734, "activity_lines": [ 167.931333, 162.385455, 169.96919, 169.490495 ] }, { "date": "2026-01-09", "close": 162.61, "volume": 28684054, "typical_volume": 28325660.35, "trend": 160.928833, "fair_value": 103.205263, "relative_strength": 14.635492, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.885546, "energy": 12.940778, "activity_lines": [ 167.381333, 162.547636, 168.437429, 169.755688 ] }, { "date": "2026-01-16", "close": 182.0, "volume": 21848651, "typical_volume": 28544791.0, "trend": 163.893, "fair_value": 104.026042, "relative_strength": 29.021481, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.841293, "energy": 19.324833, "activity_lines": [ 173.202667, 166.672909, 168.83081, 171.115118 ] }, { "date": "2026-01-23", "close": 169.66, "volume": 22019419, "typical_volume": 28514773.65, "trend": 166.514333, "fair_value": 104.70268, "relative_strength": 19.453474, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.835702, "energy": 18.581841, "activity_lines": [ 172.700667, 168.254364, 168.049905, 171.487183 ] }, { "date": "2026-01-30", "close": 150.62, "volume": 19853580, "typical_volume": 28086303.65, "trend": 168.508333, "fair_value": 105.171224, "relative_strength": 5.773235, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.337417, "energy": 6.467404, "activity_lines": [ 165.501333, 165.913636, 165.558238, 170.461742 ] }, { "date": "2026-02-06", "close": 169.85, "volume": 25891608, "typical_volume": 27272253.05, "trend": 170.973333, "fair_value": 105.824545, "relative_strength": 20.816779, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.624, "energy": 11.124875, "activity_lines": [ 165.821333, 166.908909, 165.273619, 170.548301 ] }, { "date": "2026-02-13", "close": 129.32, "volume": 51449833, "typical_volume": 28074984.75, "trend": 171.879667, "fair_value": 106.0595, "relative_strength": -7.224385, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.391891, "energy": 45.753722, "activity_lines": [ 153.278667, 160.311818, 161.48781, 167.860989 ] }, { "date": "2026-02-20", "close": 129.68, "volume": 18009785, "typical_volume": 27661518.1, "trend": 172.128, "fair_value": 106.293366, "relative_strength": -8.393636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.341741, "energy": 60.033686, "activity_lines": [ 143.075333, 154.360364, 158.062286, 165.13843 ] }, { "date": "2026-02-27", "close": 118.83, "volume": 20205152, "typical_volume": 27232007.85, "trend": 171.719, "fair_value": 106.416275, "relative_strength": -16.185106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.909733, "energy": 68.681135, "activity_lines": [ 132.743333, 146.784727, 153.94181, 161.699849 ] }, { "date": "2026-03-06", "close": 119.2, "volume": 26863642, "typical_volume": 26329955.1, "trend": 169.716333, "fair_value": 106.540388, "relative_strength": -15.299666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.012138, "energy": 74.107786, "activity_lines": [ 125.923333, 140.104909, 150.272667, 158.311527 ] }, { "date": "2026-03-13", "close": 120.31, "volume": 22694260, "typical_volume": 26197988.9, "trend": 167.531667, "fair_value": 106.672788, "relative_strength": -14.004941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.491839, "energy": 72.026693, "activity_lines": [ 121.568, 134.500727, 146.902571, 155.124022 ] }, { "date": "2026-03-20", "close": 116.04, "volume": 27261399, "typical_volume": 26434007.7, "trend": 165.43, "fair_value": 106.762, "relative_strength": -15.744498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.377475, "energy": 69.69097, "activity_lines": [ 119.092, 129.197455, 143.338476, 151.801978 ] }, { "date": "2026-03-27", "close": 112.47, "volume": 15438065, "typical_volume": 25331872.9, "trend": 163.105667, "fair_value": 106.815849, "relative_strength": -16.088764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.247756, "energy": 60.420763, "activity_lines": [ 116.311333, 124.091818, 139.770762, 148.385204 ] }, { "date": "2026-04-03", "close": 117.14, "volume": 19553316, "typical_volume": 24937779.1, "trend": 160.637, "fair_value": 106.912336, "relative_strength": -16.452808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.0287, "energy": 45.938237, "activity_lines": [ 116.234667, 121.099455, 136.900286, 145.419677 ] }, { "date": "2026-04-10", "close": 149.05, "volume": 25960814, "typical_volume": 24693477.5, "trend": 157.955333, "fair_value": 107.3025, "relative_strength": 0.869429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.255156, "energy": 27.649467, "activity_lines": [ 126.907333, 124.863818, 137.198381, 144.672129 ] }, { "date": "2026-04-17", "close": 174.05, "volume": 32453769, "typical_volume": 25050076.0, "trend": 155.583667, "fair_value": 107.914862, "relative_strength": 9.752851, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.080368, "energy": 12.454185, "activity_lines": [ 143.923333, 133.202182, 139.842905, 145.710495 ] }, { "date": "2026-04-24", "close": 212.84, "volume": 33260834, "typical_volume": 24643758.8, "trend": 156.085667, "fair_value": 108.868727, "relative_strength": 29.481444, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.092623, "energy": 41.685408, "activity_lines": [ 170.286667, 148.516909, 146.103238, 149.404452 ] }, { "date": "2026-05-01", "close": 202.68, "volume": 24843090, "typical_volume": 24299945.6, "trend": 156.150333, "fair_value": 109.713874, "relative_strength": 19.984242, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.74905, "energy": 53.837512, "activity_lines": [ 186.81, 160.465818, 151.15019, 152.410538 ] }, { "date": "2026-05-08", "close": 199.79, "volume": 32012460, "typical_volume": 24572102.4, "trend": 155.936333, "fair_value": 110.518125, "relative_strength": 10.962148, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.643448, "energy": 68.447614, "activity_lines": [ 196.356, 170.562, 155.665571, 155.226 ] }, { "date": "2026-05-15", "close": 232.68, "volume": 27641518, "typical_volume": 25419186.7, "trend": 158.365667, "fair_value": 111.599204, "relative_strength": 28.149921, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.878168, "energy": 90.826113, "activity_lines": [ 211.355333, 185.166182, 163.14481, 160.177204 ] }, { "date": "2026-05-22", "close": 306.88, "volume": 39329542, "typical_volume": 26763739.55, "trend": 163.096, "fair_value": 113.312193, "relative_strength": 64.017575, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.121658, "energy": 97.075444, "activity_lines": [ 245.512667, 211.198, 177.37919, 169.758774 ] }, { "date": "2026-05-29", "close": 342.85, "volume": 24833309, "typical_volume": 26571202.3, "trend": 168.301667, "fair_value": 115.308174, "relative_strength": 74.371374, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.503441, "energy": 97.545654, "activity_lines": [ 282.804667, 240.377636, 194.433, 181.355806 ] }, { "date": "2026-06-05", "close": 317.06, "volume": 27541628, "typical_volume": 26855851.15, "trend": 173.354, "fair_value": 117.047414, "relative_strength": 65.538522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.039916, "energy": 91.568486, "activity_lines": [ 302.832667, 260.744364, 208.172333, 190.953118 ] }, { "date": "2026-06-12", "close": 367.15, "volume": 29431543, "typical_volume": 27226457.35, "trend": 180.781, "fair_value": 119.185043, "relative_strength": 82.985107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.402368, "energy": 93.883008, "activity_lines": [ 331.932, 286.498545, 226.039, 203.456086 ] }, { "date": "2026-06-19", "close": 417.07, "volume": 38999322, "typical_volume": 28183744.45, "trend": 189.956667, "fair_value": 121.709492, "relative_strength": 97.193785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.393633, "energy": 94.676967, "activity_lines": [ 366.514, 316.783455, 247.719524, 218.700538 ] }, { "date": "2026-06-26", "close": 391.74, "volume": 27652577, "typical_volume": 28271792.9, "trend": 197.762333, "fair_value": 123.978655, "relative_strength": 89.012883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.570696, "energy": 73.932466, "activity_lines": [ 380.36, 337.589818, 265.718857, 231.718817 ] }, { "date": "2026-07-03", "close": 406.42, "volume": 25491609, "typical_volume": 26973881.7, "trend": 205.935333, "fair_value": 126.332333, "relative_strength": 89.376334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.137915, "energy": 69.074127, "activity_lines": [ 393.442, 357.107273, 284.059667, 245.180602 ] }, { "date": "2026-07-10", "close": 412.97, "volume": 20733927, "typical_volume": 27110088.8, "trend": 214.739333, "fair_value": 128.70124, "relative_strength": 84.348219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.572475, "energy": 67.186706, "activity_lines": [ 404.469333, 374.296, 301.704762, 258.537677 ] }, { "date": "2026-07-17", "close": 303.62, "volume": 24873419, "typical_volume": 27343502.15, "trend": 219.38, "fair_value": 130.135, "relative_strength": 39.215041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.730352, "energy": 50.700995, "activity_lines": [ 372.652667, 367.779455, 307.586571, 264.271914 ] }, { "date": "2026-07-24", "close": 291.58, "volume": 17023367, "typical_volume": 26851488.4, "trend": 223.524, "fair_value": 131.447561, "relative_strength": 34.140076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.605631, "energy": 33.93893, "activity_lines": [ 341.058, 357.186, 311.441762, 268.929978 ] }, { "date": "2026-07-31", "close": 311.23, "volume": 25928290, "typical_volume": 27013189.9, "trend": 227.913, "fair_value": 132.897419, "relative_strength": 40.569598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.784792, "energy": 23.822662, "activity_lines": [ 324.379333, 349.094364, 316.347524, 274.58843 ] }, { "date": "2026-08-07", "close": 334.17, "volume": 31970642, "typical_volume": 27248652.05, "trend": 233.631667, "fair_value": 134.5076, "relative_strength": 42.348733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.107027, "energy": 25.271844, "activity_lines": [ 320.714667, 345.094545, 322.528905, 281.44372 ] } ], "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." } } }