{ "ticker": { "uuid": "5ff50c50-3f46-45fa-ba2b-a38dc024686c", "symbol": "SPGI34", "name": "S&P Global 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -46.086, "architecture_energy": 25.716, "architecture_maturity": 64.354, "architecture_confidence": 70.168, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 39.13, "rotation_up": 20.88, "upward_expansion": 16.8, "deceleration": 56.65, "rotation_down": 49.01, "downward_expansion": 62.13 }, "activity_lines": [ 59.424668, 60.102999, 59.763842, 60.300351 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 57.830002, "trend_reference": 62.240793, "distance_from_trend": -0.070867, "trend_direction": "Weakening", "fair_value": 69.120919, "distance_from_fair_value": -0.16335, "fair_value_direction": "Improving", "relative_strength": -19.230788, "relative_strength_direction": "Improving", "price_momentum": -0.095663, "excess_performance": -0.038614, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.070867, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.074965, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.16335, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.003656, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.192308, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.157568, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.095663, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.22861, "read": "Supply-led" } ], "volume": { "latest": 1420, "relative_activity": 0.103569, "balance": 0.22861, "dry_up": 0.416136, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.050619, "annualized_volatility": 0.3664, "from_high_reference": -0.314595, "from_low_reference": 0.110262 }, "levels": { "trend_reference": 62.240793, "fair_value_reference": 69.120919, "structural_low": 52.08681, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.023525, "positive_rate": 0.631579, "directional_follow_through": 0.368421, "median_excess_return": 0.003685, "regime_survival": 0.789474, "best_return": 0.140249, "worst_return": -0.097483, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.065052, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.053191, "regime_survival": 0.333333, "best_return": 0.089341, "worst_return": -0.108288, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.03201, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.070711, "regime_survival": 0.5, "best_return": 0.047085, "worst_return": -0.1672, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.131786, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.307494, "regime_survival": 0.5, "best_return": -0.066893, "worst_return": -0.19668, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-08", "tenure": "New", "return": 0.035642, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": -0.001667, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-03-21", "tenure": "Developing", "return": -0.091541, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": -0.081452, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.067931, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-08-01", "tenure": "Developing", "return": 0.05201, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": -0.007813, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-05", "tenure": "New", "return": -0.022298, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-12", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-17", "tenure": "Developing", "return": -0.045709, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2025-12-26", "tenure": "Developing", "return": 0.105052, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-02", "end": "2026-01-30", "tenure": "Developing", "return": -0.005408, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": -0.077463, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-20", "end": "2026-08-07", "tenure": "Established", "return": -0.036335, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 51.806492, "volume": 10453, "typical_volume": 14460.75, "trend": 50.070217, "fair_value": 52.769554, "relative_strength": 1.195503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.602001, "energy": 24.136376, "activity_lines": [ 51.880495, 52.373014, 51.583527, 50.739889 ] }, { "date": "2023-08-25", "close": 52.2005, "volume": 6231, "typical_volume": 14168.1, "trend": 50.112047, "fair_value": 52.783576, "relative_strength": 1.580032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.576056, "energy": 19.844176, "activity_lines": [ 51.850733, 52.331776, 51.739552, 50.877326 ] }, { "date": "2023-09-01", "close": 53.716694, "volume": 275, "typical_volume": 14099.25, "trend": 50.171835, "fair_value": 52.813323, "relative_strength": 2.609557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.615433, "energy": 28.52863, "activity_lines": [ 52.534544, 52.562618, 52.018182, 51.109884 ] }, { "date": "2023-09-08", "close": 53.263805, "volume": 2304, "typical_volume": 14208.4, "trend": 50.219133, "fair_value": 52.839306, "relative_strength": 4.011606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.474664, "energy": 33.622652, "activity_lines": [ 52.887001, 52.662455, 52.219954, 51.309366 ] }, { "date": "2023-09-15", "close": 51.964211, "volume": 11983, "typical_volume": 13526.65, "trend": 50.241031, "fair_value": 52.85594, "relative_strength": -1.42936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.729204, "energy": 30.624142, "activity_lines": [ 52.682257, 52.515937, 52.275483, 51.421952 ] }, { "date": "2023-09-22", "close": 50.654766, "volume": 2004, "typical_volume": 13625.3, "trend": 50.315934, "fair_value": 52.86418, "relative_strength": -1.778423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.421795, "energy": 11.927801, "activity_lines": [ 52.037065, 52.141151, 52.191981, 51.448644 ] }, { "date": "2023-09-29", "close": 50.349552, "volume": 17309, "typical_volume": 13991.3, "trend": 50.403527, "fair_value": 52.870463, "relative_strength": -2.938341, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.681281, "energy": 9.586353, "activity_lines": [ 51.366917, 51.781998, 52.064277, 51.450813 ] }, { "date": "2023-10-06", "close": 51.46209, "volume": 30073, "typical_volume": 14848.05, "trend": 50.582101, "fair_value": 52.883878, "relative_strength": 0.921434, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.820218, "energy": 19.381651, "activity_lines": [ 51.191012, 51.715554, 52.032862, 51.519107 ] }, { "date": "2023-10-13", "close": 50.58585, "volume": 1974, "typical_volume": 14450.65, "trend": 50.667772, "fair_value": 52.891677, "relative_strength": -2.43471, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.981763, "energy": 23.94153, "activity_lines": [ 50.873334, 51.481588, 51.904151, 51.519349 ] }, { "date": "2023-10-20", "close": 48.62661, "volume": 17411, "typical_volume": 15309.55, "trend": 50.700874, "fair_value": 52.877965, "relative_strength": -4.416483, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.243235, "energy": 55.667351, "activity_lines": [ 50.081106, 50.906269, 51.581842, 51.387661 ] }, { "date": "2023-10-27", "close": 46.755974, "volume": 8975, "typical_volume": 15751.1, "trend": 50.694159, "fair_value": 52.863393, "relative_strength": -8.226382, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.804269, "energy": 77.282716, "activity_lines": [ 48.887839, 50.050435, 51.090906, 51.133152 ] }, { "date": "2023-11-03", "close": 51.363636, "volume": 22869, "typical_volume": 16221.95, "trend": 50.818822, "fair_value": 52.878356, "relative_strength": -3.620217, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.546759, "energy": 53.142958, "activity_lines": [ 49.49038, 50.124186, 51.059571, 51.176344 ] }, { "date": "2023-11-10", "close": 52.791222, "volume": 5695, "typical_volume": 16295.95, "trend": 51.024061, "fair_value": 52.902471, "relative_strength": -2.890134, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 4.935459, "energy": 15.609045, "activity_lines": [ 50.501176, 50.472714, 51.16724, 51.303595 ] }, { "date": "2023-11-17", "close": 54.494484, "volume": 4410, "typical_volume": 16123.25, "trend": 51.222382, "fair_value": 52.9442, "relative_strength": -3.141591, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.021693, "energy": 22.696049, "activity_lines": [ 51.991118, 51.147753, 51.428788, 51.527494 ] }, { "date": "2023-11-24", "close": 56.355278, "volume": 3471, "typical_volume": 16286.75, "trend": 51.46901, "fair_value": 52.992005, "relative_strength": -0.169234, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 82.599374, "energy": 60.552836, "activity_lines": [ 53.840749, 52.138742, 51.859057, 51.858648 ] }, { "date": "2023-12-01", "close": 56.460533, "volume": 8798, "typical_volume": 16380.8, "trend": 51.768469, "fair_value": 53.055292, "relative_strength": -1.925772, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.160518, "energy": 83.941236, "activity_lines": [ 55.210221, 53.06903, 52.281011, 52.180682 ] }, { "date": "2023-12-08", "close": 56.263332, "volume": 12277, "typical_volume": 16945.45, "trend": 52.033263, "fair_value": 53.134071, "relative_strength": -1.414765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.134666, "energy": 84.789388, "activity_lines": [ 55.866988, 53.857905, 52.675165, 52.470673 ] }, { "date": "2023-12-15", "close": 58.738285, "volume": 9500, "typical_volume": 16653.5, "trend": 52.372717, "fair_value": 53.22912, "relative_strength": 0.568876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.492642, "energy": 91.792014, "activity_lines": [ 57.022093, 54.989247, 53.300553, 52.903255 ] }, { "date": "2023-12-22", "close": 58.156521, "volume": 13629, "typical_volume": 10089.75, "trend": 52.674101, "fair_value": 53.318865, "relative_strength": -2.370989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.24446, "energy": 87.576464, "activity_lines": [ 57.586806, 55.88252, 53.833737, 53.276404 ] }, { "date": "2023-12-29", "close": 58.718567, "volume": 1829, "typical_volume": 9573.5, "trend": 52.943796, "fair_value": 53.409406, "relative_strength": -2.507582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.757371, "energy": 84.114904, "activity_lines": [ 58.094731, 56.740335, 54.388293, 53.66637 ] }, { "date": "2024-01-05", "close": 57.032436, "volume": 2303, "typical_volume": 9166.0, "trend": 53.140914, "fair_value": 53.473175, "relative_strength": -3.617351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.413753, "energy": 66.796495, "activity_lines": [ 57.883061, 57.10809, 54.749818, 53.930153 ] }, { "date": "2024-01-12", "close": 58.126938, "volume": 5779, "typical_volume": 9143.4, "trend": 53.345047, "fair_value": 53.541434, "relative_strength": -0.932484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.432919, "energy": 57.576836, "activity_lines": [ 57.998097, 57.488, 55.190696, 54.251832 ] }, { "date": "2024-01-19", "close": 59.891945, "volume": 1891, "typical_volume": 9224.2, "trend": 53.640102, "fair_value": 53.633952, "relative_strength": 4.705502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.165385, "energy": 62.861561, "activity_lines": [ 58.577229, 58.065852, 55.771449, 54.674212 ] }, { "date": "2024-01-26", "close": 60.168041, "volume": 8895, "typical_volume": 9553.75, "trend": 53.888696, "fair_value": 53.723243, "relative_strength": 4.041444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.391257, "energy": 62.961273, "activity_lines": [ 59.171483, 58.564799, 56.349091, 55.09537 ] }, { "date": "2024-02-02", "close": 62.041512, "volume": 6555, "typical_volume": 9282.35, "trend": 54.206616, "fair_value": 53.820162, "relative_strength": 8.74371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.649482, "energy": 89.713115, "activity_lines": [ 60.256125, 59.301222, 57.072281, 55.621358 ] }, { "date": "2024-02-09", "close": 59.862366, "volume": 37130, "typical_volume": 11038.65, "trend": 54.383136, "fair_value": 53.892366, "relative_strength": 4.285244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.966943, "energy": 75.00907, "activity_lines": [ 60.392855, 59.53805, 57.539947, 55.986245 ] }, { "date": "2024-02-16", "close": 57.939594, "volume": 9248, "typical_volume": 10635.6, "trend": 54.470352, "fair_value": 53.952243, "relative_strength": 0.469921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.4164, "energy": 53.618335, "activity_lines": [ 59.7, 59.363432, 57.780646, 56.215694 ] }, { "date": "2024-02-23", "close": 59.635574, "volume": 29323, "typical_volume": 10598.1, "trend": 54.757843, "fair_value": 54.032135, "relative_strength": 2.841332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.591809, "energy": 47.353974, "activity_lines": [ 59.584961, 59.466696, 58.146723, 56.548934 ] }, { "date": "2024-03-01", "close": 58.586998, "volume": 74559, "typical_volume": 14227.35, "trend": 54.997284, "fair_value": 54.084515, "relative_strength": 1.245737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.706549, "energy": 30.147416, "activity_lines": [ 59.137487, 59.362996, 58.374015, 56.795976 ] }, { "date": "2024-03-08", "close": 58.478371, "volume": 14181, "typical_volume": 14065.85, "trend": 55.216406, "fair_value": 54.128885, "relative_strength": 2.668054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.449494, "energy": 22.762994, "activity_lines": [ 58.759208, 59.231718, 58.55286, 57.020562 ] }, { "date": "2024-03-15", "close": 57.767387, "volume": 5722, "typical_volume": 13903.2, "trend": 55.415102, "fair_value": 54.168696, "relative_strength": 1.748723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.844773, "energy": 20.223076, "activity_lines": [ 58.381477, 58.975538, 58.61708, 57.185142 ] }, { "date": "2024-03-22", "close": 57.767387, "volume": 5764, "typical_volume": 13047.95, "trend": 55.600665, "fair_value": 54.208508, "relative_strength": 1.639187, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.535105, "energy": 20.191968, "activity_lines": [ 58.143411, 58.705995, 58.628864, 57.336902 ] }, { "date": "2024-03-29", "close": 58.715363, "volume": 4855, "typical_volume": 13005.95, "trend": 55.767288, "fair_value": 54.228775, "relative_strength": 2.44828, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.464582, "energy": 14.994322, "activity_lines": [ 58.232818, 58.615349, 58.700438, 57.53785 ] }, { "date": "2024-04-05", "close": 59.821331, "volume": 7403, "typical_volume": 13155.6, "trend": 55.985872, "fair_value": 54.256132, "relative_strength": 5.459759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.473483, "energy": 22.64553, "activity_lines": [ 58.752228, 58.74718, 58.849132, 57.799402 ] }, { "date": "2024-04-12", "close": 58.794361, "volume": 8712, "typical_volume": 13417.65, "trend": 56.213543, "fair_value": 54.276906, "relative_strength": 4.222408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.906666, "energy": 20.700378, "activity_lines": [ 58.847025, 58.698594, 58.874653, 57.980594 ] }, { "date": "2024-04-19", "close": 58.715363, "volume": 5625, "typical_volume": 13259.0, "trend": 56.48223, "fair_value": 54.293674, "relative_strength": 4.747604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.270157, "energy": 22.096811, "activity_lines": [ 58.894424, 58.694683, 58.881036, 58.142002 ] }, { "date": "2024-04-26", "close": 58.577114, "volume": 7150, "typical_volume": 13002.65, "trend": 56.756482, "fair_value": 54.310345, "relative_strength": 3.36886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.09859, "energy": 20.219608, "activity_lines": [ 58.832542, 58.68649, 58.863515, 58.277156 ] }, { "date": "2024-05-03", "close": 59.07085, "volume": 13602, "typical_volume": 13207.75, "trend": 57.010107, "fair_value": 54.324658, "relative_strength": 2.595768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.270824, "energy": 17.766961, "activity_lines": [ 58.881257, 58.756476, 58.881999, 58.42647 ] }, { "date": "2024-05-10", "close": 61.263058, "volume": 5764, "typical_volume": 12814.5, "trend": 57.366014, "fair_value": 54.37395, "relative_strength": 7.002204, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.890424, "energy": 42.318428, "activity_lines": [ 59.637008, 59.235314, 59.10768, 58.700854 ] }, { "date": "2024-05-17", "close": 61.677792, "volume": 17239, "typical_volume": 13585.0, "trend": 57.801054, "fair_value": 54.425902, "relative_strength": 7.066752, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.873651, "energy": 63.782598, "activity_lines": [ 60.434889, 59.740902, 59.358067, 58.979033 ] }, { "date": "2024-05-24", "close": 61.825912, "volume": 1771, "typical_volume": 13558.4, "trend": 58.303385, "fair_value": 54.471257, "relative_strength": 10.386142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.956063, "energy": 75.458929, "activity_lines": [ 61.089914, 60.215249, 59.60847, 59.238701 ] }, { "date": "2024-05-31", "close": 61.05994, "volume": 8109, "typical_volume": 13674.9, "trend": 58.626595, "fair_value": 54.528551, "relative_strength": 10.752268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.803476, "energy": 73.744656, "activity_lines": [ 61.282246, 60.476538, 59.763096, 59.416544 ] }, { "date": "2024-06-07", "close": 62.662102, "volume": 8875, "typical_volume": 14024.1, "trend": 58.955624, "fair_value": 54.596117, "relative_strength": 14.510936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.180689, "energy": 77.924501, "activity_lines": [ 61.84311, 60.969264, 60.056343, 59.676899 ] }, { "date": "2024-06-14", "close": 64.086235, "volume": 14663, "typical_volume": 14312.5, "trend": 59.27535, "fair_value": 54.672811, "relative_strength": 17.706989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.965043, "energy": 81.133876, "activity_lines": [ 62.639268, 61.649164, 60.47203, 60.007906 ] }, { "date": "2024-06-21", "close": 65.836739, "volume": 5137, "typical_volume": 14241.6, "trend": 59.591398, "fair_value": 54.760727, "relative_strength": 18.679187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.457661, "energy": 88.5619, "activity_lines": [ 63.830716, 62.569795, 61.035773, 60.431221 ] }, { "date": "2024-06-28", "close": 68.012497, "volume": 6401, "typical_volume": 12705.15, "trend": 59.976464, "fair_value": 54.835413, "relative_strength": 19.546718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.306742, "energy": 95.941988, "activity_lines": [ 65.470153, 63.757974, 61.78866, 60.974518 ] }, { "date": "2024-07-05", "close": 68.190521, "volume": 5767, "typical_volume": 12531.1, "trend": 60.374037, "fair_value": 54.89668, "relative_strength": 17.136329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.012689, "energy": 94.032728, "activity_lines": [ 66.756492, 64.809483, 62.51969, 61.504457 ] }, { "date": "2024-07-12", "close": 71.711296, "volume": 39816, "typical_volume": 13055.75, "trend": 60.80647, "fair_value": 54.999717, "relative_strength": 20.205615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.760414, "energy": 97.758395, "activity_lines": [ 68.741051, 66.326343, 63.537219, 62.235893 ] }, { "date": "2024-07-19", "close": 74.005753, "volume": 62124, "typical_volume": 12434.0, "trend": 61.334778, "fair_value": 55.099912, "relative_strength": 24.676732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.063934, "energy": 98.058585, "activity_lines": [ 70.88715, 68.030551, 64.715764, 63.08746 ] }, { "date": "2024-07-26", "close": 76.14196, "volume": 10593, "typical_volume": 12254.6, "trend": 61.915558, "fair_value": 55.204058, "relative_strength": 27.489502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.275413, "energy": 97.81876, "activity_lines": [ 73.084016, 69.891475, 66.024335, 64.042762 ] }, { "date": "2024-08-02", "close": 76.14196, "volume": 22349, "typical_volume": 13085.95, "trend": 62.552542, "fair_value": 55.294702, "relative_strength": 28.228255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.680924, "energy": 94.344531, "activity_lines": [ 74.593867, 71.489414, 67.248793, 64.960594 ] }, { "date": "2024-08-09", "close": 74.193657, "volume": 2741, "typical_volume": 12934.8, "trend": 63.088099, "fair_value": 55.371997, "relative_strength": 19.765963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.523668, "energy": 86.358096, "activity_lines": [ 74.91232, 72.472824, 68.2002, 65.711634 ] }, { "date": "2024-08-16", "close": 73.827736, "volume": 97, "typical_volume": 12696.9, "trend": 63.552626, "fair_value": 55.439625, "relative_strength": 15.725732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.996028, "energy": 67.803024, "activity_lines": [ 74.708591, 73.150908, 69.038538, 66.404514 ] }, { "date": "2024-08-23", "close": 76.507889, "volume": 4540, "typical_volume": 12553.75, "trend": 64.097287, "fair_value": 55.537657, "relative_strength": 17.922608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.749868, "energy": 70.360634, "activity_lines": [ 75.257149, 74.113282, 70.060165, 67.240337 ] }, { "date": "2024-08-30", "close": 79.181671, "volume": 6355, "typical_volume": 12435.9, "trend": 64.668626, "fair_value": 55.639344, "relative_strength": 21.072476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.392057, "energy": 72.156103, "activity_lines": [ 76.53016, 75.335949, 71.256978, 68.213523 ] }, { "date": "2024-09-06", "close": 78.508278, "volume": 2508, "typical_volume": 12280.05, "trend": 65.290156, "fair_value": 55.732624, "relative_strength": 20.733645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.924422, "energy": 69.324798, "activity_lines": [ 77.376058, 76.193546, 72.292575, 69.106404 ] }, { "date": "2024-09-13", "close": 79.478752, "volume": 596, "typical_volume": 11952.35, "trend": 66.008128, "fair_value": 55.835093, "relative_strength": 21.213441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.836551, "energy": 69.971678, "activity_lines": [ 78.387693, 77.036761, 73.326347, 70.021797 ] }, { "date": "2024-09-20", "close": 79.3302, "volume": 21284, "typical_volume": 12336.45, "trend": 66.664616, "fair_value": 55.926279, "relative_strength": 23.685293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.661443, "energy": 68.02364, "activity_lines": [ 78.997472, 77.647725, 74.24644, 70.881286 ] }, { "date": "2024-09-27", "close": 76.478233, "volume": 3105, "typical_volume": 12203.5, "trend": 67.26099, "fair_value": 56.019706, "relative_strength": 17.079292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.194119, "energy": 63.736879, "activity_lines": [ 78.289763, 77.601625, 74.798443, 71.514423 ] }, { "date": "2024-10-04", "close": 77.082291, "volume": 796, "typical_volume": 11381.35, "trend": 67.881121, "fair_value": 56.104547, "relative_strength": 18.224266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.148243, "energy": 57.897812, "activity_lines": [ 77.785385, 77.620399, 75.335522, 72.148055 ] }, { "date": "2024-10-11", "close": 77.082291, "volume": 0, "typical_volume": 11292.8, "trend": 68.524951, "fair_value": 56.18025, "relative_strength": 19.139014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.470074, "energy": 48.370163, "activity_lines": [ 77.420965, 77.622076, 75.799247, 72.741679 ] }, { "date": "2024-10-18", "close": 81.271118, "volume": 28, "typical_volume": 10888.75, "trend": 69.308409, "fair_value": 56.2633, "relative_strength": 24.198937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.363246, "energy": 57.194734, "activity_lines": [ 78.547886, 78.368261, 76.589258, 73.564012 ] }, { "date": "2024-10-25", "close": 77.003075, "volume": 19085, "typical_volume": 11399.25, "trend": 69.917999, "fair_value": 56.298503, "relative_strength": 17.414278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.364139, "energy": 41.740549, "activity_lines": [ 78.132636, 78.209757, 76.876546, 74.060442 ] }, { "date": "2024-11-01", "close": 77.795296, "volume": 235, "typical_volume": 10677.85, "trend": 70.517131, "fair_value": 56.360326, "relative_strength": 19.477851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.855982, "energy": 41.013597, "activity_lines": [ 78.1366, 78.13756, 77.170992, 74.568655 ] }, { "date": "2024-11-08", "close": 80.568047, "volume": 592, "typical_volume": 10450.6, "trend": 71.242921, "fair_value": 56.451748, "relative_strength": 23.120304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.043264, "energy": 51.94643, "activity_lines": [ 78.977011, 78.546092, 77.664229, 75.217101 ] }, { "date": "2024-11-15", "close": 81.588005, "volume": 4082, "typical_volume": 10334.65, "trend": 72.005342, "fair_value": 56.527987, "relative_strength": 23.77352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.539317, "energy": 51.927069, "activity_lines": [ 79.925025, 79.114864, 78.184456, 75.884526 ] }, { "date": "2024-11-22", "close": 83.419998, "volume": 176, "typical_volume": 10055.1, "trend": 72.833438, "fair_value": 56.620431, "relative_strength": 24.331525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.732043, "energy": 68.650442, "activity_lines": [ 81.183321, 79.960731, 78.814512, 76.620955 ] }, { "date": "2024-11-29", "close": 86.260757, "volume": 8985, "typical_volume": 8513.55, "trend": 73.739769, "fair_value": 56.732721, "relative_strength": 30.912882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.313953, "energy": 80.989911, "activity_lines": [ 83.245279, 81.251441, 79.642596, 77.487234 ] }, { "date": "2024-12-06", "close": 84.951981, "volume": 4882, "typical_volume": 5651.45, "trend": 74.529399, "fair_value": 56.820816, "relative_strength": 27.557504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.644258, "energy": 76.807603, "activity_lines": [ 84.253799, 82.178181, 80.276752, 78.210602 ] }, { "date": "2024-12-13", "close": 84.059631, "volume": 15476, "typical_volume": 5895.6, "trend": 75.275461, "fair_value": 56.897604, "relative_strength": 26.540628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.551236, "energy": 70.058645, "activity_lines": [ 84.487757, 82.788607, 80.773797, 78.825456 ] }, { "date": "2024-12-20", "close": 82.651695, "volume": 12019, "typical_volume": 5379.1, "trend": 75.969653, "fair_value": 56.96131, "relative_strength": 25.894197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.888228, "energy": 51.823499, "activity_lines": [ 84.01963, 83.016184, 81.099049, 79.301342 ] }, { "date": "2024-12-27", "close": 85.041214, "volume": 538, "typical_volume": 5268.95, "trend": 76.769029, "fair_value": 57.051778, "relative_strength": 30.252598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.057277, "energy": 48.332986, "activity_lines": [ 84.277097, 83.576958, 81.620876, 79.886604 ] }, { "date": "2025-01-03", "close": 84.148872, "volume": 96, "typical_volume": 5268.9, "trend": 77.485255, "fair_value": 57.156317, "relative_strength": 29.498481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.376212, "energy": 40.032245, "activity_lines": [ 84.129036, 83.90694, 82.006063, 80.362723 ] }, { "date": "2025-01-10", "close": 81.451973, "volume": 5186, "typical_volume": 5301.2, "trend": 78.064113, "fair_value": 57.267016, "relative_strength": 23.957215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.21411, "energy": 25.545762, "activity_lines": [ 83.222801, 83.616653, 82.085255, 80.61864 ] }, { "date": "2025-01-17", "close": 84.714012, "volume": 534, "typical_volume": 5010.15, "trend": 78.693355, "fair_value": 57.418418, "relative_strength": 24.275213, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.986684, "energy": 28.945557, "activity_lines": [ 83.637246, 83.852979, 82.451573, 81.047666 ] }, { "date": "2025-01-24", "close": 82.889656, "volume": 8799, "typical_volume": 5324.7, "trend": 79.189261, "fair_value": 57.580227, "relative_strength": 20.62651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.064276, "energy": 22.007978, "activity_lines": [ 83.399947, 83.682224, 82.617799, 81.318395 ] }, { "date": "2025-01-31", "close": 84.634705, "volume": 4966, "typical_volume": 5543.2, "trend": 79.7374, "fair_value": 57.738032, "relative_strength": 18.819028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.668032, "energy": 23.331269, "activity_lines": [ 83.728467, 83.805083, 82.929356, 81.669714 ] }, { "date": "2025-02-07", "close": 82.651695, "volume": 3715, "typical_volume": 4664.75, "trend": 80.10208, "fair_value": 57.915299, "relative_strength": 16.669294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.65943, "energy": 21.278908, "activity_lines": [ 83.423084, 83.545309, 83.027503, 81.857733 ] }, { "date": "2025-02-14", "close": 84.664452, "volume": 24238, "typical_volume": 5721.4, "trend": 80.45737, "fair_value": 58.119373, "relative_strength": 15.334801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.357751, "energy": 24.733462, "activity_lines": [ 83.888432, 83.717111, 83.301524, 82.15208 ] }, { "date": "2025-02-21", "close": 84.277763, "volume": 2321, "typical_volume": 5797.65, "trend": 80.728563, "fair_value": 58.327065, "relative_strength": 15.012378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.096762, "energy": 25.242669, "activity_lines": [ 84.010718, 83.823833, 83.499736, 82.398557 ] }, { "date": "2025-02-28", "close": 86.668488, "volume": 13207, "typical_volume": 6458.0, "trend": 81.079448, "fair_value": 58.527841, "relative_strength": 21.422612, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 61.691647, "energy": 37.376809, "activity_lines": [ 84.958996, 84.361267, 83.891372, 82.781778 ] }, { "date": "2025-03-07", "close": 79.103607, "volume": 6412, "typical_volume": 6777.2, "trend": 81.243113, "fair_value": 58.699531, "relative_strength": 8.224866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.468506, "energy": 5.466037, "activity_lines": [ 83.133725, 83.450235, 83.516894, 82.654304 ] }, { "date": "2025-03-14", "close": 76.879807, "volume": 15473, "typical_volume": 6596.6, "trend": 81.344848, "fair_value": 58.835652, "relative_strength": 1.514655, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.535564, "energy": 24.797075, "activity_lines": [ 80.935927, 82.242832, 82.940948, 82.3728 ] }, { "date": "2025-03-21", "close": 76.959229, "volume": 18, "typical_volume": 6585.75, "trend": 81.359893, "fair_value": 58.988606, "relative_strength": -1.391158, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.133273, "energy": 46.902373, "activity_lines": [ 79.149396, 81.182034, 82.373152, 82.089857 ] }, { "date": "2025-03-28", "close": 80.930275, "volume": 36040, "typical_volume": 8358.15, "trend": 81.41818, "fair_value": 59.178902, "relative_strength": 3.521228, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.148901, "energy": 37.982313, "activity_lines": [ 79.200228, 80.924931, 82.187533, 82.06214 ] }, { "date": "2025-04-04", "close": 73.861809, "volume": 1273, "typical_volume": 8217.7, "trend": 81.263298, "fair_value": 59.314386, "relative_strength": -2.414903, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.484392, "energy": 63.273944, "activity_lines": [ 77.11807, 79.451448, 81.327001, 81.574632 ] }, { "date": "2025-04-11", "close": 74.844635, "volume": 10579, "typical_volume": 8737.85, "trend": 81.108827, "fair_value": 59.480275, "relative_strength": -1.825195, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.570897, "energy": 62.109755, "activity_lines": [ 76.2173, 78.320803, 80.596863, 81.160525 ] }, { "date": "2025-04-18", "close": 74.338318, "volume": 16041, "typical_volume": 9090.65, "trend": 80.942431, "fair_value": 59.638337, "relative_strength": -4.290446, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.904755, "energy": 70.421981, "activity_lines": [ 75.431689, 77.276101, 79.85934, 80.723718 ] }, { "date": "2025-04-25", "close": 75.410507, "volume": 84305, "typical_volume": 13061.8, "trend": 80.90684, "fair_value": 59.797286, "relative_strength": -6.866178, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.600302, "energy": 69.617201, "activity_lines": [ 75.172907, 76.577496, 79.280703, 80.36682 ] }, { "date": "2025-05-02", "close": 79.580132, "volume": 107, "typical_volume": 12293.35, "trend": 80.990101, "fair_value": 60.00667, "relative_strength": -2.407484, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.293289, "energy": 39.957162, "activity_lines": [ 76.407248, 76.805257, 79.14461, 80.281225 ] }, { "date": "2025-05-09", "close": 79.341858, "volume": 92, "typical_volume": 11697.0, "trend": 81.06542, "fair_value": 60.219474, "relative_strength": -3.991181, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.979582, "energy": 26.262024, "activity_lines": [ 77.652174, 77.075108, 79.007154, 80.174887 ] }, { "date": "2025-05-16", "close": 81.66494, "volume": 93711, "typical_volume": 16355.65, "trend": 81.078548, "fair_value": 60.455546, "relative_strength": -3.402844, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.803549, "energy": 19.541885, "activity_lines": [ 79.306124, 77.900548, 79.106705, 80.213566 ] }, { "date": "2025-05-23", "close": 80.533188, "volume": 136, "typical_volume": 16357.65, "trend": 81.196218, "fair_value": 60.675245, "relative_strength": -4.063589, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.040678, "energy": 23.273349, "activity_lines": [ 80.128136, 78.473646, 79.114548, 80.178381 ] }, { "date": "2025-05-30", "close": 80.844688, "volume": 201, "typical_volume": 16108.4, "trend": 81.297865, "fair_value": 60.913931, "relative_strength": -3.406534, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.586057, "energy": 18.571248, "activity_lines": [ 80.640991, 79.036954, 79.169276, 80.155702 ] }, { "date": "2025-06-06", "close": 79.443108, "volume": 11629, "typical_volume": 16663.15, "trend": 81.260367, "fair_value": 61.136114, "relative_strength": -4.63072, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.942945, "energy": 14.147793, "activity_lines": [ 80.324373, 79.274786, 79.093411, 80.03604 ] }, { "date": "2025-06-13", "close": 76.938148, "volume": 28, "typical_volume": 16224.6, "trend": 81.105371, "fair_value": 61.341437, "relative_strength": -8.458071, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.110383, "energy": 11.699366, "activity_lines": [ 79.181903, 79.084209, 78.804078, 79.757187 ] }, { "date": "2025-06-20", "close": 75.785065, "volume": 11, "typical_volume": 15976.85, "trend": 80.850874, "fair_value": 61.51824, "relative_strength": -9.794927, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.901183, "energy": 24.756817, "activity_lines": [ 77.81532, 78.628048, 78.433268, 79.413942 ] }, { "date": "2025-06-27", "close": 77.822838, "volume": 5908, "typical_volume": 16086.5, "trend": 80.56961, "fair_value": 61.702771, "relative_strength": -7.257579, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.698554, "energy": 28.106939, "activity_lines": [ 77.519987, 78.525292, 78.298673, 79.218585 ] }, { "date": "2025-07-04", "close": 79.83078, "volume": 7024, "typical_volume": 15225.8, "trend": 80.398903, "fair_value": 61.893494, "relative_strength": -8.035821, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.636786, "energy": 21.054945, "activity_lines": [ 78.074657, 78.724262, 78.378305, 79.170918 ] }, { "date": "2025-07-11", "close": 80.089233, "volume": 3109, "typical_volume": 15265.2, "trend": 80.266556, "fair_value": 62.080551, "relative_strength": -4.248865, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.188975, "energy": 12.531208, "activity_lines": [ 78.783072, 78.889854, 78.505569, 79.15094 ] }, { "date": "2025-07-18", "close": 80.954041, "volume": 2250, "typical_volume": 14717.35, "trend": 80.209968, "fair_value": 62.257022, "relative_strength": -1.263113, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.007217, "energy": 9.205412, "activity_lines": [ 79.736681, 79.203428, 78.735142, 79.195294 ] }, { "date": "2025-07-25", "close": 81.192596, "volume": 188, "typical_volume": 14406.15, "trend": 80.081681, "fair_value": 62.439317, "relative_strength": -1.111023, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.558488, "energy": 22.397761, "activity_lines": [ 80.502083, 79.531063, 79.014645, 79.258689 ] }, { "date": "2025-08-01", "close": 85.049454, "volume": 6970, "typical_volume": 13981.0, "trend": 80.1117, "fair_value": 62.648242, "relative_strength": 4.315348, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 49.84529, "energy": 55.92026, "activity_lines": [ 82.192602, 80.568533, 79.651521, 79.57919 ] }, { "date": "2025-08-08", "close": 83.975906, "volume": 1681, "typical_volume": 14064.15, "trend": 80.195831, "fair_value": 62.843203, "relative_strength": 0.208416, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.515354, "energy": 58.659283, "activity_lines": [ 83.043497, 81.328699, 80.147251, 79.828494 ] }, { "date": "2025-08-15", "close": 82.703529, "volume": 78, "typical_volume": 12266.05, "trend": 80.128815, "fair_value": 63.033812, "relative_strength": -1.789558, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.648538, "energy": 55.147421, "activity_lines": [ 83.193924, 81.800592, 80.488389, 79.990281 ] }, { "date": "2025-08-22", "close": 83.319832, "volume": 6442, "typical_volume": 12524.5, "trend": 80.143154, "fair_value": 63.244881, "relative_strength": -2.345262, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.537188, "energy": 62.620998, "activity_lines": [ 83.3755, 82.32526, 80.879779, 80.196153 ] }, { "date": "2025-08-29", "close": 82.126083, "volume": 4377, "typical_volume": 12214.4, "trend": 80.059533, "fair_value": 63.463175, "relative_strength": -6.090941, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.127889, "energy": 61.981771, "activity_lines": [ 83.00144, 82.516852, 81.11244, 80.324084 ] }, { "date": "2025-09-05", "close": 80.294868, "volume": 4518, "typical_volume": 11638.25, "trend": 79.980973, "fair_value": 63.646852, "relative_strength": -8.910902, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.553452, "energy": 26.390196, "activity_lines": [ 81.954742, 82.260204, 81.136026, 80.339267 ] }, { "date": "2025-09-12", "close": 80.573532, "volume": 1174, "typical_volume": 7481.7, "trend": 79.844609, "fair_value": 63.850193, "relative_strength": -8.292963, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.032378, "energy": 20.729514, "activity_lines": [ 81.317905, 82.009277, 81.157788, 80.377496 ] }, { "date": "2025-09-19", "close": 74.681793, "volume": 5740, "typical_volume": 7763.35, "trend": 79.524743, "fair_value": 64.040143, "relative_strength": -16.851059, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -31.853601, "energy": 33.962407, "activity_lines": [ 78.94398, 80.67362, 80.593845, 80.044412 ] }, { "date": "2025-09-26", "close": 71.895157, "volume": 5557, "typical_volume": 8036.6, "trend": 79.032299, "fair_value": 64.213536, "relative_strength": -19.517754, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -52.843305, "energy": 62.880322, "activity_lines": [ 76.175958, 78.929619, 79.787834, 79.55218 ] }, { "date": "2025-10-03", "close": 70.422226, "volume": 196, "typical_volume": 3360.85, "trend": 78.742919, "fair_value": 64.391315, "relative_strength": -20.244407, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.289502, "energy": 85.724136, "activity_lines": [ 73.678605, 77.082519, 78.877004, 78.996692 ] }, { "date": "2025-10-10", "close": 74.05481, "volume": 4612, "typical_volume": 3584.65, "trend": 78.648753, "fair_value": 64.599998, "relative_strength": -13.851139, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.394394, "energy": 76.374628, "activity_lines": [ 73.17237, 76.091714, 78.365671, 78.694233 ] }, { "date": "2025-10-17", "close": 71.268166, "volume": 948, "typical_volume": 3622.0, "trend": 78.459051, "fair_value": 64.793375, "relative_strength": -18.341636, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.962409, "energy": 89.049884, "activity_lines": [ 72.153257, 74.794149, 77.619793, 78.218066 ] }, { "date": "2025-10-24", "close": 72.741096, "volume": 1695, "typical_volume": 3125.3, "trend": 78.186078, "fair_value": 64.95937, "relative_strength": -17.988468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.457771, "energy": 78.26188, "activity_lines": [ 72.245479, 73.995439, 77.059797, 77.849166 ] }, { "date": "2025-10-31", "close": 72.999863, "volume": 139, "typical_volume": 3130.85, "trend": 78.157346, "fair_value": 65.151734, "relative_strength": -19.245734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.055471, "energy": 55.40219, "activity_lines": [ 72.553336, 73.424913, 76.556359, 77.514571 ] }, { "date": "2025-11-07", "close": 72.104156, "volume": 3556, "typical_volume": 3308.1, "trend": 78.065997, "fair_value": 65.284373, "relative_strength": -22.177079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.572817, "energy": 53.85025, "activity_lines": [ 72.488977, 72.879167, 75.98637, 77.124043 ] }, { "date": "2025-11-14", "close": 72.522156, "volume": 581, "typical_volume": 3041.75, "trend": 78.005458, "fair_value": 65.417607, "relative_strength": -23.110217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.91342, "energy": 46.662502, "activity_lines": [ 72.451823, 72.591638, 75.473718, 76.766376 ] }, { "date": "2025-11-21", "close": 68.800003, "volume": 8378, "typical_volume": 3109.45, "trend": 77.785108, "fair_value": 65.537196, "relative_strength": -25.172306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.781549, "energy": 51.178259, "activity_lines": [ 71.276129, 71.768676, 74.631817, 76.172475 ] }, { "date": "2025-11-28", "close": 73.465721, "volume": 4510, "typical_volume": 3179.5, "trend": 77.581294, "fair_value": 65.682245, "relative_strength": -21.689413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.034466, "energy": 39.694873, "activity_lines": [ 71.820217, 72.00809, 74.286798, 75.893805 ] }, { "date": "2025-12-05", "close": 73.395958, "volume": 154, "typical_volume": 3074.7, "trend": 77.383098, "fair_value": 65.834429, "relative_strength": -20.376779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.455675, "energy": 31.442872, "activity_lines": [ 72.292743, 72.25693, 73.966675, 75.623784 ] }, { "date": "2025-12-12", "close": 75.199951, "volume": 2511, "typical_volume": 3190.85, "trend": 77.167598, "fair_value": 66.003815, "relative_strength": -19.59761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.478992, "energy": 23.464357, "activity_lines": [ 73.340194, 72.806482, 73.854352, 75.482935 ] }, { "date": "2025-12-19", "close": 78.449158, "volume": 5944, "typical_volume": 3139.55, "trend": 77.09813, "fair_value": 66.203116, "relative_strength": -14.395331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.068716, "energy": 16.458782, "activity_lines": [ 75.264328, 73.859931, 74.080013, 75.565617 ] }, { "date": "2025-12-26", "close": 80.382729, "volume": 264, "typical_volume": 3068.7, "trend": 77.082732, "fair_value": 66.414498, "relative_strength": -13.006565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.742441, "energy": 35.179305, "activity_lines": [ 77.437851, 75.185041, 74.521254, 75.777526 ] }, { "date": "2026-01-02", "close": 77.412598, "volume": 421, "typical_volume": 3085.85, "trend": 77.015048, "fair_value": 66.58585, "relative_strength": -15.388945, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.789796, "energy": 30.607323, "activity_lines": [ 77.849149, 75.804409, 74.696736, 75.798808 ] }, { "date": "2026-01-09", "close": 80.73156, "volume": 6459, "typical_volume": 3086.7, "trend": 77.141495, "fair_value": 66.777976, "relative_strength": -12.727551, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.290566, "energy": 52.998936, "activity_lines": [ 79.103643, 76.942287, 75.213504, 76.038583 ] }, { "date": "2026-01-16", "close": 79.974083, "volume": 105, "typical_volume": 2873.1, "trend": 77.281129, "fair_value": 66.960985, "relative_strength": -13.689459, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.381735, "energy": 55.499291, "activity_lines": [ 79.616604, 77.801866, 75.670457, 76.22133 ] }, { "date": "2026-01-23", "close": 78.050476, "volume": 121, "typical_volume": 2653.25, "trend": 77.288717, "fair_value": 67.134735, "relative_strength": -21.742725, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.01107, "energy": 32.746508, "activity_lines": [ 79.170088, 78.168608, 75.954457, 76.270966 ] }, { "date": "2026-01-30", "close": 76.993988, "volume": 12385, "typical_volume": 3213.8, "trend": 77.194157, "fair_value": 67.295446, "relative_strength": -23.215634, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.315428, "energy": 20.844209, "activity_lines": [ 78.397987, 78.242747, 76.148526, 76.251951 ] }, { "date": "2026-02-06", "close": 63.947372, "volume": 71086, "typical_volume": 6481.1, "trend": 76.656095, "fair_value": 67.373026, "relative_strength": -36.082152, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.813343, "energy": 37.781747, "activity_lines": [ 73.502931, 75.795793, 75.117106, 75.39732 ] }, { "date": "2026-02-13", "close": 58.993839, "volume": 225219, "typical_volume": 17464.2, "trend": 75.924089, "fair_value": 67.422299, "relative_strength": -41.436336, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.440941, "energy": 63.805547, "activity_lines": [ 67.854379, 72.621257, 73.665037, 74.257819 ] }, { "date": "2026-02-20", "close": 60.010464, "volume": 393, "typical_volume": 17474.05, "trend": 75.218018, "fair_value": 67.496676, "relative_strength": -40.968442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.821133, "energy": 90.671136, "activity_lines": [ 63.993883, 69.893418, 72.371225, 73.231134 ] }, { "date": "2026-02-27", "close": 62.867352, "volume": 108583, "typical_volume": 22672.6, "trend": 74.478614, "fair_value": 67.593763, "relative_strength": -36.735875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.042752, "energy": 85.845145, "activity_lines": [ 62.416591, 67.961186, 71.399077, 72.434317 ] }, { "date": "2026-03-06", "close": 65.602882, "volume": 4275, "typical_volume": 22838.95, "trend": 73.86618, "fair_value": 67.71875, "relative_strength": -29.831006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.379602, "energy": 82.247417, "activity_lines": [ 62.763351, 66.809629, 70.740729, 71.861689 ] }, { "date": "2026-03-13", "close": 61.349831, "volume": 8656, "typical_volume": 23187.0, "trend": 73.15439, "fair_value": 67.804225, "relative_strength": -33.128878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.276078, "energy": 74.139997, "activity_lines": [ 62.451834, 65.153515, 69.704306, 71.054182 ] }, { "date": "2026-03-20", "close": 66.551338, "volume": 12061, "typical_volume": 23783.1, "trend": 72.59544, "fair_value": 67.925493, "relative_strength": -26.309575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.822357, "energy": 45.251933, "activity_lines": [ 64.047322, 64.735179, 69.217509, 70.628179 ] }, { "date": "2026-03-27", "close": 59.403008, "volume": 671, "typical_volume": 23638.85, "trend": 71.838004, "fair_value": 68.005272, "relative_strength": -35.46511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.575371, "energy": 48.497174, "activity_lines": [ 62.7562, 63.274969, 68.080626, 69.777054 ] }, { "date": "2026-04-03", "close": 61.51955, "volume": 17, "typical_volume": 23610.65, "trend": 71.212161, "fair_value": 68.094348, "relative_strength": -34.84814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.850119, "energy": 46.359372, "activity_lines": [ 62.211089, 62.573605, 67.2058, 69.111348 ] }, { "date": "2026-04-10", "close": 57.905453, "volume": 23655, "typical_volume": 24374.5, "trend": 70.456558, "fair_value": 68.166601, "relative_strength": -40.894538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.532189, "energy": 51.428653, "activity_lines": [ 60.551133, 61.515694, 66.039167, 68.25285 ] }, { "date": "2026-04-17", "close": 61.177776, "volume": 35412, "typical_volume": 25919.6, "trend": 70.006424, "fair_value": 68.247581, "relative_strength": -36.404668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.534455, "energy": 47.533051, "activity_lines": [ 60.495113, 61.399815, 65.236064, 67.654219 ] }, { "date": "2026-04-24", "close": 60.578781, "volume": 582, "typical_volume": 25941.0, "trend": 69.629211, "fair_value": 68.322083, "relative_strength": -34.762293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.47201, "energy": 43.339815, "activity_lines": [ 60.250898, 61.225384, 64.434427, 67.045984 ] }, { "date": "2026-05-01", "close": 59.899914, "volume": 6529, "typical_volume": 26141.9, "trend": 69.278468, "fair_value": 68.401719, "relative_strength": -33.607392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.526442, "energy": 43.331023, "activity_lines": [ 60.178565, 60.898706, 63.62917, 66.418288 ] }, { "date": "2026-05-08", "close": 57.024715, "volume": 173156, "typical_volume": 34502.5, "trend": 68.710798, "fair_value": 68.457521, "relative_strength": -34.987541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.550404, "energy": 49.285371, "activity_lines": [ 59.114705, 60.051275, 62.622942, 65.627723 ] }, { "date": "2026-05-15", "close": 56.435699, "volume": 493, "typical_volume": 34513.95, "trend": 68.216382, "fair_value": 68.508041, "relative_strength": -32.450653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.54699, "energy": 69.590618, "activity_lines": [ 58.154162, 59.202979, 61.662639, 64.835781 ] }, { "date": "2026-05-22", "close": 58.452332, "volume": 395, "typical_volume": 34512.65, "trend": 67.74009, "fair_value": 68.567895, "relative_strength": -28.87735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.072023, "energy": 63.525808, "activity_lines": [ 57.963814, 58.88802, 61.008429, 64.205842 ] }, { "date": "2026-05-29", "close": 59.34, "volume": 4982, "typical_volume": 34438.8, "trend": 67.284761, "fair_value": 68.623743, "relative_strength": -26.033015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.04125, "energy": 63.645633, "activity_lines": [ 58.251051, 58.787137, 60.529046, 63.663901 ] }, { "date": "2026-06-05", "close": 59.984929, "volume": 677, "typical_volume": 34467.4, "trend": 66.880787, "fair_value": 68.680577, "relative_strength": -22.379547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.898441, "energy": 43.387788, "activity_lines": [ 58.83585, 58.934629, 60.21295, 63.192944 ] }, { "date": "2026-06-12", "close": 58.66, "volume": 185, "typical_volume": 34470.6, "trend": 66.418715, "fair_value": 68.72325, "relative_strength": -24.338095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.785146, "energy": 35.387975, "activity_lines": [ 58.973339, 58.830645, 59.865856, 62.662571 ] }, { "date": "2026-06-19", "close": 58.619999, "volume": 0, "typical_volume": 33851.35, "trend": 66.079382, "fair_value": 68.771838, "relative_strength": -22.569105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.937424, "energy": 33.7996, "activity_lines": [ 58.988474, 58.771379, 59.607288, 62.159428 ] }, { "date": "2026-06-26", "close": 58.27, "volume": 38, "typical_volume": 30298.95, "trend": 65.572858, "fair_value": 68.807478, "relative_strength": -24.374886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.67968, "energy": 37.422685, "activity_lines": [ 58.741324, 58.635486, 59.402882, 61.655597 ] }, { "date": "2026-07-03", "close": 64.379997, "volume": 177, "typical_volume": 19046.85, "trend": 65.272326, "fair_value": 68.883606, "relative_strength": -16.204539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.181319, "energy": 11.851498, "activity_lines": [ 60.542994, 59.663369, 59.807416, 61.578638 ] }, { "date": "2026-07-10", "close": 61.259998, "volume": 4422, "typical_volume": 19248.3, "trend": 64.807661, "fair_value": 68.926512, "relative_strength": -21.040048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.648361, "energy": 17.08503, "activity_lines": [ 60.968665, 60.054867, 59.889158, 61.319778 ] }, { "date": "2026-07-17", "close": 64.010002, "volume": 131, "typical_volume": 13825.7, "trend": 64.326356, "fair_value": 68.982197, "relative_strength": -14.625978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.596379, "energy": 22.759841, "activity_lines": [ 62.225999, 60.921637, 60.226856, 61.268316 ] }, { "date": "2026-07-24", "close": 59.580002, "volume": 823, "typical_volume": 13653.1, "trend": 63.632931, "fair_value": 69.037128, "relative_strength": -19.733902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.603255, "energy": 22.312865, "activity_lines": [ 61.65, 60.855948, 60.137207, 60.9621 ] }, { "date": "2026-07-31", "close": 58.549999, "volume": 20448, "typical_volume": 14242.7, "trend": 63.004178, "fair_value": 69.082937, "relative_strength": -21.770053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.477783, "energy": 12.651115, "activity_lines": [ 60.666667, 60.545815, 59.978144, 60.634169 ] }, { "date": "2026-08-07", "close": 57.830002, "volume": 1420, "typical_volume": 13710.65, "trend": 62.240793, "fair_value": 69.120919, "relative_strength": -19.230788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.085844, "energy": 25.715909, "activity_lines": [ 59.424668, 60.102999, 59.763842, 60.300351 ] } ], "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." } } }