{ "ticker": { "uuid": "67516877-0618-489e-b770-1d13ffc252fe", "symbol": "GFNORTEO", "name": "Grupo Financiero Banorte, S.A.B. de C.V.", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 69.104, "architecture_energy": 65.941, "architecture_maturity": 16.366, "architecture_confidence": 80.913, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.87, "rotation_up": 69.37, "upward_expansion": 87.17, "deceleration": 45.55, "rotation_down": 13.23, "downward_expansion": 16.17 }, "activity_lines": [ 195.288667, 191.392181, 187.478212, 186.195912 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 199.740005, "trend_reference": 185.017574, "distance_from_trend": 0.079573, "trend_direction": "Improving", "fair_value": 143.77996, "distance_from_fair_value": 0.389206, "fair_value_direction": "Improving", "relative_strength": 12.364399, "relative_strength_direction": "Improving", "price_momentum": 0.011487, "excess_performance": 0.066154, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079573, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052628, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.389206, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.058786, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.123644, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.13076, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.011487, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.660832, "read": "Supply-led" } ], "volume": { "latest": 18167348, "relative_activity": 0.806579, "balance": 0.660832, "dry_up": 1.12381, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.046891, "annualized_volatility": 0.218223, "from_high_reference": -0.019921, "from_low_reference": 0.345108 }, "levels": { "trend_reference": 185.017574, "fair_value_reference": 143.77996, "structural_low": 172.119578, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": 0.013676, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.001619, "regime_survival": 0.6875, "best_return": 0.127214, "worst_return": -0.120286, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.031572, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.003158, "regime_survival": 0.615385, "best_return": 0.209634, "worst_return": -0.13416, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.125311, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.012319, "regime_survival": 0.428571, "best_return": 0.33385, "worst_return": -0.182437, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.097281, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.133383, "regime_survival": 0.25, "best_return": 0.51688, "worst_return": -0.0361, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-07", "end": "2024-06-14", "tenure": "New", "return": -0.01545, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-10-04", "tenure": "Established", "return": 0.092518, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2025-01-24", "tenure": "Established", "return": 0.011657, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.012653, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.150515, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-02", "end": "2025-07-11", "tenure": "Developing", "return": -0.004155, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-08-29", "tenure": "Developing", "return": 0.054587, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-11-21", "tenure": "Developing", "return": -0.012946, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.100647, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": 0.018227, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.064185, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.006134, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-03", "tenure": "Developing", "return": 0.075721, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.070935, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 109.974625, "volume": 24292064, "typical_volume": 26836177.05, "trend": 109.371083, "fair_value": 87.43246, "relative_strength": 1.341962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.243268, "energy": 41.762432, "activity_lines": [ 112.969033, 112.280831, 110.12879, 109.517245 ] }, { "date": "2023-08-25", "close": 109.830864, "volume": 19207488, "typical_volume": 27302190.1, "trend": 109.315312, "fair_value": 87.821946, "relative_strength": 0.951096, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.917546, "energy": 19.191713, "activity_lines": [ 111.750287, 112.048601, 110.213114, 109.546908 ] }, { "date": "2023-09-01", "close": 109.997337, "volume": 27343783, "typical_volume": 27676301.35, "trend": 109.323977, "fair_value": 88.22692, "relative_strength": 0.966288, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.657996, "energy": 19.072095, "activity_lines": [ 110.645044, 111.837834, 110.301437, 109.590909 ] }, { "date": "2023-09-08", "close": 108.869896, "volume": 21247000, "typical_volume": 27587488.45, "trend": 109.256677, "fair_value": 88.622618, "relative_strength": 0.91631, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.452784, "energy": 18.024087, "activity_lines": [ 109.741075, 111.314493, 110.261189, 109.561614 ] }, { "date": "2023-09-15", "close": 111.397179, "volume": 34341371, "typical_volume": 28025058.3, "trend": 109.093382, "fair_value": 89.02564, "relative_strength": 5.380819, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.576236, "energy": 16.855449, "activity_lines": [ 110.13959, 111.208559, 110.457898, 109.699711 ] }, { "date": "2023-09-22", "close": 110.708603, "volume": 22995023, "typical_volume": 28307768.75, "trend": 109.049465, "fair_value": 89.436941, "relative_strength": 3.92016, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.38517, "energy": 13.985153, "activity_lines": [ 110.37113, 110.984034, 110.589265, 109.803918 ] }, { "date": "2023-09-29", "close": 110.527, "volume": 22866430, "typical_volume": 28360387.2, "trend": 108.919866, "fair_value": 89.838522, "relative_strength": 5.204669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.701352, "energy": 11.788284, "activity_lines": [ 110.493205, 110.748226, 110.697554, 109.899243 ] }, { "date": "2023-10-06", "close": 109.142296, "volume": 31790540, "typical_volume": 28179776.55, "trend": 108.940797, "fair_value": 90.199935, "relative_strength": 6.337537, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.134672, "energy": 5.819178, "activity_lines": [ 110.107303, 110.263819, 110.653925, 109.913594 ] }, { "date": "2023-10-13", "close": 117.901642, "volume": 28970031, "typical_volume": 27763536.7, "trend": 109.412249, "fair_value": 90.59641, "relative_strength": 15.373421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.677467, "energy": 32.74435, "activity_lines": [ 112.698185, 111.544955, 111.420346, 110.491713 ] }, { "date": "2023-10-20", "close": 112.104874, "volume": 33019404, "typical_volume": 26847186.65, "trend": 109.596779, "fair_value": 90.940341, "relative_strength": 12.167023, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.269057, "energy": 28.670666, "activity_lines": [ 112.754695, 111.733388, 111.587506, 110.66543 ] }, { "date": "2023-10-27", "close": 115.402779, "volume": 20859614, "typical_volume": 26233561.65, "trend": 109.826393, "fair_value": 91.300513, "relative_strength": 13.658246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.381006, "energy": 42.959009, "activity_lines": [ 113.863327, 112.525633, 112.015144, 111.040011 ] }, { "date": "2023-11-03", "close": 122.844582, "volume": 25271843, "typical_volume": 25127861.75, "trend": 110.343166, "fair_value": 91.697382, "relative_strength": 15.409687, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.607832, "energy": 66.113706, "activity_lines": [ 117.139615, 114.572239, 113.110039, 111.879894 ] }, { "date": "2023-11-10", "close": 123.651421, "volume": 22010353, "typical_volume": 25291239.75, "trend": 110.946675, "fair_value": 92.082673, "relative_strength": 15.742778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.312194, "energy": 69.525608, "activity_lines": [ 119.863677, 116.528931, 114.217499, 112.738491 ] }, { "date": "2023-11-17", "close": 126.291298, "volume": 22411298, "typical_volume": 25244639.3, "trend": 111.553544, "fair_value": 92.450904, "relative_strength": 14.634564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.772931, "energy": 77.938759, "activity_lines": [ 122.500423, 118.717344, 115.48318, 113.728467 ] }, { "date": "2023-11-24", "close": 127.826653, "volume": 14130449, "typical_volume": 25022663.9, "trend": 112.09954, "fair_value": 92.848338, "relative_strength": 15.1144, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.707695, "energy": 80.511187, "activity_lines": [ 125.089644, 120.868159, 116.8011, 114.778345 ] }, { "date": "2023-12-01", "close": 125.171112, "volume": 32949663, "typical_volume": 25407318.95, "trend": 112.622103, "fair_value": 93.212683, "relative_strength": 10.393887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.647442, "energy": 73.842577, "activity_lines": [ 125.745566, 122.237431, 117.789605, 115.621672 ] }, { "date": "2023-12-08", "close": 130.427368, "volume": 31393662, "typical_volume": 25975617.05, "trend": 113.425728, "fair_value": 93.60337, "relative_strength": 13.6083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.182548, "energy": 73.226046, "activity_lines": [ 127.502351, 124.299432, 119.215531, 116.770399 ] }, { "date": "2023-12-15", "close": 134.602615, "volume": 32746942, "typical_volume": 25982819.25, "trend": 114.443627, "fair_value": 94.030864, "relative_strength": 11.362019, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.627718, "energy": 69.388795, "activity_lines": [ 130.145366, 126.758743, 120.945164, 118.13665 ] }, { "date": "2023-12-22", "close": 131.171555, "volume": 17250552, "typical_volume": 25296099.7, "trend": 115.216272, "fair_value": 94.436765, "relative_strength": 7.992671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.59701, "energy": 53.708153, "activity_lines": [ 130.914614, 128.131311, 122.272082, 119.215871 ] }, { "date": "2023-12-29", "close": 134.030777, "volume": 6927487, "typical_volume": 24601249.85, "trend": 116.322394, "fair_value": 94.854367, "relative_strength": 9.941397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.460011, "energy": 57.17543, "activity_lines": [ 132.311587, 129.782465, 123.797969, 120.42971 ] }, { "date": "2024-01-05", "close": 133.537262, "volume": 12414423, "typical_volume": 24007367.8, "trend": 117.21728, "fair_value": 95.237876, "relative_strength": 11.568104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.187199, "energy": 54.179688, "activity_lines": [ 133.130445, 130.945237, 125.173544, 121.540347 ] }, { "date": "2024-01-12", "close": 129.252365, "volume": 18327806, "typical_volume": 23963383.7, "trend": 117.880806, "fair_value": 95.597172, "relative_strength": 8.906688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.384178, "energy": 47.023968, "activity_lines": [ 131.963262, 130.999219, 126.028831, 122.316804 ] }, { "date": "2024-01-19", "close": 131.101059, "volume": 34191771, "typical_volume": 24305783.1, "trend": 118.781502, "fair_value": 96.004871, "relative_strength": 10.46187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.472863, "energy": 42.666515, "activity_lines": [ 131.490643, 131.272822, 126.9677, 123.169723 ] }, { "date": "2024-01-26", "close": 133.850616, "volume": 20800201, "typical_volume": 24283443.15, "trend": 119.691373, "fair_value": 96.454899, "relative_strength": 9.680143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.713847, "energy": 41.68172, "activity_lines": [ 132.167981, 131.910897, 128.067938, 124.141924 ] }, { "date": "2024-02-02", "close": 141.785904, "volume": 32153647, "typical_volume": 24174056.95, "trend": 120.692224, "fair_value": 96.923177, "relative_strength": 13.0372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.119741, "energy": 53.707478, "activity_lines": [ 135.31181, 133.854309, 129.804962, 125.567378 ] }, { "date": "2024-02-09", "close": 144.535461, "volume": 27378665, "typical_volume": 24393239.05, "trend": 121.779934, "fair_value": 97.408519, "relative_strength": 16.611728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.483073, "energy": 75.615757, "activity_lines": [ 138.85515, 136.043836, 131.659141, 127.105651 ] }, { "date": "2024-02-16", "close": 146.689682, "volume": 15413465, "typical_volume": 24020590.8, "trend": 122.979556, "fair_value": 97.922933, "relative_strength": 18.327735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.027062, "energy": 86.027136, "activity_lines": [ 142.38335, 138.27296, 133.557402, 128.712732 ] }, { "date": "2024-02-23", "close": 143.595444, "volume": 18301926, "typical_volume": 23346160.1, "trend": 123.810949, "fair_value": 98.421409, "relative_strength": 16.376444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.175962, "energy": 81.879599, "activity_lines": [ 143.71765, 139.643817, 134.988772, 130.042789 ] }, { "date": "2024-03-01", "close": 138.206009, "volume": 23893609, "typical_volume": 23092339.0, "trend": 124.558791, "fair_value": 98.883008, "relative_strength": 13.89541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.371394, "energy": 65.992842, "activity_lines": [ 142.422513, 139.871271, 135.742799, 130.971502 ] }, { "date": "2024-03-08", "close": 134.735779, "volume": 20593073, "typical_volume": 22471022.45, "trend": 125.305469, "fair_value": 99.271308, "relative_strength": 11.857944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.20852, "energy": 43.238584, "activity_lines": [ 139.680273, 139.339875, 136.069641, 131.628082 ] }, { "date": "2024-03-15", "close": 133.169083, "volume": 43223456, "typical_volume": 23589214.55, "trend": 126.078617, "fair_value": 99.677763, "relative_strength": 7.666567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.690689, "energy": 23.160966, "activity_lines": [ 136.885809, 138.510807, 136.139507, 132.135412 ] }, { "date": "2024-03-22", "close": 135.42514, "volume": 16577796, "typical_volume": 23154512.2, "trend": 126.93176, "fair_value": 100.083456, "relative_strength": 8.398221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.295976, "energy": 24.72058, "activity_lines": [ 135.601122, 138.098625, 136.339634, 132.738414 ] }, { "date": "2024-03-29", "close": 138.3862, "volume": 14025208, "typical_volume": 22755254.95, "trend": 127.878055, "fair_value": 100.50809, "relative_strength": 8.925056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.029546, "energy": 22.796866, "activity_lines": [ 136.054425, 138.112585, 136.76186, 133.47741 ] }, { "date": "2024-04-05", "close": 143.015778, "volume": 30162938, "typical_volume": 23142836.95, "trend": 129.016251, "fair_value": 100.955652, "relative_strength": 10.729296, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.859625, "energy": 26.920874, "activity_lines": [ 138.398204, 138.83583, 137.554832, 134.454037 ] }, { "date": "2024-04-12", "close": 137.571503, "volume": 22942954, "typical_volume": 23583462.2, "trend": 129.888729, "fair_value": 101.348794, "relative_strength": 8.923115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.137619, "energy": 27.678795, "activity_lines": [ 138.606573, 138.402567, 137.749662, 135.005989 ] }, { "date": "2024-04-19", "close": 135.542648, "volume": 22605109, "typical_volume": 23066234.5, "trend": 130.71653, "fair_value": 101.727765, "relative_strength": 8.265287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.83495, "energy": 21.938, "activity_lines": [ 137.949608, 137.677047, 137.704863, 135.370758 ] }, { "date": "2024-04-26", "close": 135.519119, "volume": 22390740, "typical_volume": 22616088.4, "trend": 131.549601, "fair_value": 102.121122, "relative_strength": 4.269845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.526434, "energy": 16.259845, "activity_lines": [ 137.126563, 137.110755, 137.608435, 135.680602 ] }, { "date": "2024-05-03", "close": 135.942139, "volume": 24291965, "typical_volume": 22193339.55, "trend": 132.442929, "fair_value": 102.499372, "relative_strength": 5.525431, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.322541, "energy": 10.41494, "activity_lines": [ 136.43826, 136.824477, 137.528048, 135.963992 ] }, { "date": "2024-05-10", "close": 137.571503, "volume": 22520313, "typical_volume": 22456827.6, "trend": 133.098591, "fair_value": 102.872848, "relative_strength": 5.309018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.751046, "energy": 9.561623, "activity_lines": [ 136.456015, 136.973597, 137.59646, 136.294868 ] }, { "date": "2024-05-17", "close": 137.265991, "volume": 25060745, "typical_volume": 23363490.5, "trend": 133.937295, "fair_value": 103.186456, "relative_strength": 4.90503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.466382, "energy": 7.238446, "activity_lines": [ 136.734885, 137.078707, 137.6053, 136.563732 ] }, { "date": "2024-05-24", "close": 129.025192, "volume": 39697728, "typical_volume": 24727655.75, "trend": 134.391375, "fair_value": 103.451776, "relative_strength": 2.183491, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.05233, "energy": 20.622546, "activity_lines": [ 134.287189, 135.639485, 136.813896, 136.246822 ] }, { "date": "2024-05-31", "close": 126.252144, "volume": 69051883, "typical_volume": 27263859.6, "trend": 134.504961, "fair_value": 103.717345, "relative_strength": 0.078717, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.987823, "energy": 39.219129, "activity_lines": [ 131.34964, 133.771416, 135.779878, 135.721711 ] }, { "date": "2024-06-07", "close": 109.010651, "volume": 97822451, "typical_volume": 30445393.6, "trend": 134.016935, "fair_value": 103.877051, "relative_strength": -10.072886, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -61.235668, "energy": 71.379931, "activity_lines": [ 123.282726, 128.935313, 133.1181, 134.076916 ] }, { "date": "2024-06-14", "close": 107.326454, "volume": 103422767, "typical_volume": 34576521.9, "trend": 133.384774, "fair_value": 104.021878, "relative_strength": -10.229558, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.20651, "energy": 89.385956, "activity_lines": [ 116.449845, 124.327092, 130.401115, 132.35495 ] }, { "date": "2024-06-21", "close": 118.88868, "volume": 75068363, "typical_volume": 36722257.7, "trend": 133.086841, "fair_value": 104.244864, "relative_strength": -1.872108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.173381, "energy": 81.152657, "activity_lines": [ 115.487377, 122.469991, 128.9116, 131.419718 ] }, { "date": "2024-06-28", "close": 118.768578, "volume": 50758024, "typical_volume": 37891225.65, "trend": 132.873423, "fair_value": 104.468441, "relative_strength": -1.545958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.788684, "energy": 79.07288, "activity_lines": [ 115.710028, 120.930742, 127.51968, 130.495959 ] }, { "date": "2024-07-05", "close": 123.765221, "volume": 30585899, "typical_volume": 38649847.35, "trend": 132.651352, "fair_value": 104.735845, "relative_strength": 2.555505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.12609, "energy": 50.919685, "activity_lines": [ 118.282001, 120.604955, 126.726331, 129.908333 ] }, { "date": "2024-07-12", "close": 124.29911, "volume": 39580697, "typical_volume": 39713785.9, "trend": 132.307902, "fair_value": 105.00964, "relative_strength": -2.060289, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.228351, "energy": 29.790644, "activity_lines": [ 121.197732, 120.589947, 126.092993, 129.369479 ] }, { "date": "2024-07-19", "close": 124.399216, "volume": 28233491, "typical_volume": 39930780.0, "trend": 132.082157, "fair_value": 105.281932, "relative_strength": 0.132498, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.808029, "energy": 21.951307, "activity_lines": [ 123.127601, 120.804831, 125.561076, 128.859241 ] }, { "date": "2024-07-26", "close": 118.401558, "volume": 34171316, "typical_volume": 40609692.15, "trend": 131.561183, "fair_value": 105.508642, "relative_strength": -3.211416, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.873673, "energy": 23.37349, "activity_lines": [ 121.920067, 120.168729, 124.5237, 127.976622 ] }, { "date": "2024-08-02", "close": 113.304794, "volume": 44892141, "typical_volume": 40693126.4, "trend": 130.886767, "fair_value": 105.70198, "relative_strength": -6.373598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.759108, "energy": 35.100711, "activity_lines": [ 119.046086, 118.948931, 123.0787, 126.79879 ] }, { "date": "2024-08-09", "close": 114.447609, "volume": 32527354, "typical_volume": 41490604.3, "trend": 130.393275, "fair_value": 105.894105, "relative_strength": -6.908316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.80377, "energy": 42.86335, "activity_lines": [ 116.917296, 118.222743, 121.837131, 125.738199 ] }, { "date": "2024-08-16", "close": 119.928078, "volume": 27307883, "typical_volume": 42154738.05, "trend": 130.020843, "fair_value": 106.147181, "relative_strength": -4.431323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.053387, "energy": 39.770073, "activity_lines": [ 117.236503, 118.707633, 121.217405, 125.063025 ] }, { "date": "2024-08-23", "close": 114.280769, "volume": 34922473, "typical_volume": 42392714.8, "trend": 129.368515, "fair_value": 106.350034, "relative_strength": -7.976859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.75397, "energy": 44.253501, "activity_lines": [ 115.964675, 117.96724, 120.147735, 124.047537 ] }, { "date": "2024-08-30", "close": 113.905403, "volume": 49127133, "typical_volume": 43701923.75, "trend": 128.439165, "fair_value": 106.560873, "relative_strength": -7.341855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.548296, "energy": 43.500413, "activity_lines": [ 115.242289, 117.032156, 119.17915, 123.049917 ] }, { "date": "2024-09-06", "close": 114.297455, "volume": 28497146, "typical_volume": 43996525.6, "trend": 127.431231, "fair_value": 106.767751, "relative_strength": -3.822569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.203469, "energy": 42.23588, "activity_lines": [ 114.950331, 116.25896, 118.360599, 122.137548 ] }, { "date": "2024-09-13", "close": 118.451607, "volume": 41802413, "typical_volume": 44967109.25, "trend": 126.489962, "fair_value": 107.007032, "relative_strength": -2.20277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.61774, "energy": 36.669802, "activity_lines": [ 115.976912, 116.322358, 118.038849, 121.558218 ] }, { "date": "2024-09-20", "close": 113.121284, "volume": 37056335, "typical_volume": 45605327.75, "trend": 125.474156, "fair_value": 107.202328, "relative_strength": -6.933707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.147714, "energy": 40.227202, "activity_lines": [ 114.959786, 115.513217, 117.290723, 120.695722 ] }, { "date": "2024-09-27", "close": 117.125275, "volume": 38087537, "typical_volume": 46383688.95, "trend": 124.771465, "fair_value": 107.402255, "relative_strength": -4.749271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.528692, "energy": 27.280226, "activity_lines": [ 115.73111, 115.635307, 117.0326, 120.157085 ] }, { "date": "2024-10-04", "close": 129.888016, "volume": 37926819, "typical_volume": 47026992.65, "trend": 124.609873, "fair_value": 107.67822, "relative_strength": 5.730946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.229249, "energy": 10.381644, "activity_lines": [ 120.567047, 118.21015, 118.087339, 120.487185 ] }, { "date": "2024-10-11", "close": 125.325127, "volume": 32458697, "typical_volume": 46665041.1, "trend": 124.348408, "fair_value": 107.904313, "relative_strength": 2.430183, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.071691, "energy": 14.674517, "activity_lines": [ 122.816513, 119.746531, 118.742651, 120.53333 ] }, { "date": "2024-10-18", "close": 122.205345, "volume": 42066116, "typical_volume": 45315752.75, "trend": 123.907748, "fair_value": 108.114986, "relative_strength": -1.295317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.669796, "energy": 19.692575, "activity_lines": [ 123.290874, 120.497128, 119.11846, 120.395068 ] }, { "date": "2024-10-25", "close": 117.166992, "volume": 27358933, "typical_volume": 41792576.85, "trend": 123.200441, "fair_value": 108.32842, "relative_strength": -3.018089, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.809209, "energy": 20.028817, "activity_lines": [ 121.835535, 120.190611, 119.033696, 119.960181 ] }, { "date": "2024-11-01", "close": 118.409889, "volume": 40401598, "typical_volume": 38641518.4, "trend": 122.380245, "fair_value": 108.537036, "relative_strength": 0.307544, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.613663, "energy": 9.638578, "activity_lines": [ 120.524781, 120.160277, 119.028463, 119.651113 ] }, { "date": "2024-11-08", "close": 121.871681, "volume": 34306158, "typical_volume": 36603408.15, "trend": 121.856918, "fair_value": 108.786774, "relative_strength": 0.856425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.536396, "energy": 10.655539, "activity_lines": [ 120.282317, 120.684284, 119.300147, 119.618302 ] }, { "date": "2024-11-15", "close": 117.11692, "volume": 33666327, "typical_volume": 35748823.3, "trend": 121.242727, "fair_value": 108.970273, "relative_strength": -0.373477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.891555, "energy": 19.456171, "activity_lines": [ 118.989355, 120.198948, 119.104792, 119.312496 ] }, { "date": "2024-11-22", "close": 117.200356, "volume": 32827848, "typical_volume": 35860920.75, "trend": 120.632101, "fair_value": 109.19476, "relative_strength": -0.149955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.798107, "energy": 19.47259, "activity_lines": [ 118.271418, 119.67752, 118.925248, 119.051698 ] }, { "date": "2024-11-29", "close": 111.619774, "volume": 46233673, "typical_volume": 36193569.55, "trend": 119.821356, "fair_value": 109.350781, "relative_strength": -3.660954, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.938933, "energy": 36.869831, "activity_lines": [ 116.026954, 118.16419, 118.245481, 118.470257 ] }, { "date": "2024-12-06", "close": 118.293114, "volume": 34439552, "typical_volume": 36503872.6, "trend": 119.178743, "fair_value": 109.551599, "relative_strength": -0.878439, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.557054, "energy": 29.678243, "activity_lines": [ 116.37675, 117.891495, 118.261649, 118.371661 ] }, { "date": "2024-12-13", "close": 120.044868, "volume": 28302472, "typical_volume": 36210430.4, "trend": 118.604705, "fair_value": 109.774545, "relative_strength": 0.086692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.931443, "energy": 16.252892, "activity_lines": [ 117.31825, 117.916067, 118.473726, 118.42754 ] }, { "date": "2024-12-20", "close": 117.552032, "volume": 52114797, "typical_volume": 36571563.2, "trend": 118.222267, "fair_value": 109.980963, "relative_strength": 1.958454, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.234494, "energy": 6.867078, "activity_lines": [ 117.550592, 117.666362, 118.440566, 118.359626 ] }, { "date": "2024-12-27", "close": 115.532356, "volume": 6529748, "typical_volume": 35271682.9, "trend": 117.86494, "fair_value": 110.161854, "relative_strength": 0.800778, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.356792, "energy": 5.210403, "activity_lines": [ 117.080701, 117.190773, 118.19483, 118.186083 ] }, { "date": "2025-01-03", "close": 117.363754, "volume": 13524809, "typical_volume": 34582529.2, "trend": 118.143377, "fair_value": 110.291539, "relative_strength": 3.078084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.818189, "energy": 2.804146, "activity_lines": [ 117.332476, 117.169492, 118.118348, 118.153749 ] }, { "date": "2025-01-10", "close": 119.905472, "volume": 29602875, "typical_volume": 34316549.3, "trend": 118.562678, "fair_value": 110.445847, "relative_strength": 3.872561, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.945499, "energy": 5.215798, "activity_lines": [ 118.048558, 117.606764, 118.296145, 118.267432 ] }, { "date": "2025-01-17", "close": 123.508354, "volume": 38735496, "typical_volume": 33796967.45, "trend": 118.716667, "fair_value": 110.669115, "relative_strength": 6.160798, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.883968, "energy": 16.112639, "activity_lines": [ 119.858111, 118.671914, 118.79029, 118.586508 ] }, { "date": "2025-01-24", "close": 126.786064, "volume": 37325193, "typical_volume": 34238369.8, "trend": 118.983916, "fair_value": 110.93035, "relative_strength": 5.872483, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.94492, "energy": 51.628493, "activity_lines": [ 122.529334, 120.303253, 119.550869, 119.107114 ] }, { "date": "2025-01-31", "close": 123.097572, "volume": 30972109, "typical_volume": 33696854.6, "trend": 118.961661, "fair_value": 111.171685, "relative_strength": 3.115632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.485635, "energy": 51.404241, "activity_lines": [ 123.355458, 121.088154, 119.900694, 119.372511 ] }, { "date": "2025-02-07", "close": 125.964493, "volume": 40130470, "typical_volume": 33850561.35, "trend": 119.017174, "fair_value": 111.393446, "relative_strength": 2.419531, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.347736, "energy": 62.185829, "activity_lines": [ 124.632875, 122.287092, 120.501435, 119.824307 ] }, { "date": "2025-02-14", "close": 129.635849, "volume": 29726278, "typical_volume": 33432498.4, "trend": 119.191729, "fair_value": 111.676399, "relative_strength": 3.093414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.864596, "energy": 68.876452, "activity_lines": [ 126.560694, 123.892735, 121.39067, 120.509383 ] }, { "date": "2025-02-21", "close": 131.210526, "volume": 26159356, "typical_volume": 32844125.25, "trend": 119.618694, "fair_value": 111.961242, "relative_strength": 5.084868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.084247, "energy": 68.894282, "activity_lines": [ 128.364714, 125.578453, 122.370301, 121.284789 ] }, { "date": "2025-02-28", "close": 124.364166, "volume": 57458629, "typical_volume": 34094121.85, "trend": 119.98734, "fair_value": 112.197232, "relative_strength": 2.386152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.403334, "energy": 54.975012, "activity_lines": [ 127.373136, 125.816365, 122.6916, 121.590948 ] }, { "date": "2025-03-07", "close": 126.563553, "volume": 32068177, "typical_volume": 33594224.9, "trend": 120.391205, "fair_value": 112.418793, "relative_strength": 3.232529, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.821225, "energy": 42.14692, "activity_lines": [ 127.276147, 126.330309, 123.226941, 122.01522 ] }, { "date": "2025-03-14", "close": 126.178444, "volume": 37129216, "typical_volume": 34082739.05, "trend": 120.59955, "fair_value": 112.550493, "relative_strength": 3.584527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.889598, "energy": 33.02699, "activity_lines": [ 126.819722, 126.573666, 123.704851, 122.388591 ] }, { "date": "2025-03-21", "close": 129.207947, "volume": 35764358, "typical_volume": 33850877.05, "trend": 121.097123, "fair_value": 112.747897, "relative_strength": 5.639442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.685693, "energy": 32.182897, "activity_lines": [ 127.358869, 127.207575, 124.428373, 122.943971 ] }, { "date": "2025-03-28", "close": 124.655128, "volume": 27741108, "typical_volume": 33522624.55, "trend": 121.455447, "fair_value": 112.923984, "relative_strength": 1.014474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.79206, "energy": 23.015432, "activity_lines": [ 126.408935, 126.844562, 124.666874, 123.17352 ] }, { "date": "2025-04-04", "close": 122.130539, "volume": 36193332, "typical_volume": 33648974.8, "trend": 121.71655, "fair_value": 113.120705, "relative_strength": 2.352347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.304313, "energy": 13.204678, "activity_lines": [ 125.054499, 126.001683, 124.651684, 123.217074 ] }, { "date": "2025-04-11", "close": 121.274742, "volume": 40736282, "typical_volume": 34044396.5, "trend": 121.810654, "fair_value": 113.322628, "relative_strength": 1.609037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.190534, "energy": 12.07597, "activity_lines": [ 123.563706, 125.087851, 124.531115, 123.18857 ] }, { "date": "2025-04-18", "close": 125.964493, "volume": 15322822, "typical_volume": 32498853.95, "trend": 122.238761, "fair_value": 113.506057, "relative_strength": 2.556226, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.615021, "energy": 16.467194, "activity_lines": [ 123.98875, 125.059842, 124.837787, 123.45656 ] }, { "date": "2025-04-25", "close": 140.513, "volume": 38653380, "typical_volume": 32709545.35, "trend": 123.018352, "fair_value": 113.839969, "relative_strength": 6.816474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.207669, "energy": 35.70068, "activity_lines": [ 129.27756, 127.677017, 126.461723, 124.635543 ] }, { "date": "2025-05-02", "close": 148.90303, "volume": 39302795, "typical_volume": 33259561.5, "trend": 123.652186, "fair_value": 114.223162, "relative_strength": 14.76164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.858544, "energy": 74.992755, "activity_lines": [ 136.609377, 131.621886, 128.7789, 126.305522 ] }, { "date": "2025-05-09", "close": 147.820343, "volume": 39002452, "typical_volume": 32603944.25, "trend": 124.402027, "fair_value": 114.625586, "relative_strength": 12.224135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.397093, "energy": 81.467488, "activity_lines": [ 141.963771, 135.04822, 130.855545, 127.864758 ] }, { "date": "2025-05-16", "close": 158.319778, "volume": 38232064, "typical_volume": 34189060.05, "trend": 125.605841, "fair_value": 115.106464, "relative_strength": 16.884428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.297295, "energy": 90.951857, "activity_lines": [ 149.105323, 139.957066, 133.788, 130.053 ] }, { "date": "2025-05-23", "close": 157.84668, "volume": 33488459, "typical_volume": 35187242.55, "trend": 126.961831, "fair_value": 115.540876, "relative_strength": 15.335675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.346481, "energy": 89.529953, "activity_lines": [ 153.619507, 144.202509, 136.47165, 132.133054 ] }, { "date": "2025-05-30", "close": 156.509232, "volume": 47967792, "typical_volume": 36105488.4, "trend": 128.231809, "fair_value": 116.001531, "relative_strength": 15.088124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.583459, "energy": 85.13454, "activity_lines": [ 155.562395, 147.628994, 138.835147, 134.039338 ] }, { "date": "2025-06-06", "close": 156.199875, "volume": 28170334, "typical_volume": 35577230.3, "trend": 129.376082, "fair_value": 116.484222, "relative_strength": 13.836974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.805924, "energy": 79.234574, "activity_lines": [ 156.335749, 150.502844, 140.994879, 135.84373 ] }, { "date": "2025-06-13", "close": 157.955856, "volume": 21794604, "typical_volume": 34800700.85, "trend": 130.73738, "fair_value": 116.978082, "relative_strength": 15.710744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.65458, "energy": 61.199225, "activity_lines": [ 157.207974, 153.122423, 143.166172, 137.687586 ] }, { "date": "2025-06-20", "close": 153.661453, "volume": 33671229, "typical_volume": 34935656.85, "trend": 131.95275, "fair_value": 117.458075, "relative_strength": 14.469813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.508834, "energy": 53.347551, "activity_lines": [ 155.973031, 154.309832, 144.780047, 139.166559 ] }, { "date": "2025-06-27", "close": 158.76561, "volume": 25699900, "typical_volume": 34214128.35, "trend": 133.524277, "fair_value": 117.979073, "relative_strength": 15.483167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.901594, "energy": 51.366432, "activity_lines": [ 156.750027, 155.836421, 146.734491, 140.89642 ] }, { "date": "2025-07-04", "close": 156.463745, "volume": 21404056, "typical_volume": 33798017.25, "trend": 134.796632, "fair_value": 118.48082, "relative_strength": 12.357009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.972687, "energy": 46.666064, "activity_lines": [ 156.698474, 156.348104, 148.313513, 142.376386 ] }, { "date": "2025-07-11", "close": 148.284348, "volume": 25548520, "typical_volume": 33767475.45, "trend": 135.737948, "fair_value": 118.933087, "relative_strength": 8.775629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.427446, "energy": 33.542346, "activity_lines": [ 153.923487, 155.082611, 148.985793, 143.246561 ] }, { "date": "2025-07-18", "close": 146.67395, "volume": 29164496, "typical_volume": 32352768.8, "trend": 136.708678, "fair_value": 119.372828, "relative_strength": 7.957465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.938303, "energy": 25.549724, "activity_lines": [ 151.139403, 153.535567, 149.423398, 143.95211 ] }, { "date": "2025-07-25", "close": 152.669739, "volume": 33501914, "typical_volume": 32424455.65, "trend": 137.946591, "fair_value": 119.840294, "relative_strength": 9.943587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.582726, "energy": 20.47149, "activity_lines": [ 151.106043, 153.09951, 150.325793, 144.981856 ] }, { "date": "2025-08-01", "close": 150.631714, "volume": 25662047, "typical_volume": 31851097.2, "trend": 139.055523, "fair_value": 120.320214, "relative_strength": 8.868948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.298307, "energy": 20.778745, "activity_lines": [ 150.459454, 152.395631, 150.909776, 145.800251 ] }, { "date": "2025-08-08", "close": 152.878998, "volume": 21037584, "typical_volume": 31114758.5, "trend": 140.154641, "fair_value": 120.755968, "relative_strength": 7.861255, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.068108, "energy": 17.993133, "activity_lines": [ 151.104221, 152.23153, 151.591341, 146.692088 ] }, { "date": "2025-08-15", "close": 151.941879, "volume": 19283599, "typical_volume": 30691883.05, "trend": 141.102425, "fair_value": 121.169761, "relative_strength": 6.414808, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.82934, "energy": 18.470678, "activity_lines": [ 151.675597, 151.963049, 152.070938, 147.452555 ] }, { "date": "2025-08-22", "close": 153.888916, "volume": 20471734, "typical_volume": 29905803.15, "trend": 142.005853, "fair_value": 121.614544, "relative_strength": 5.74785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.681404, "energy": 25.053639, "activity_lines": [ 152.65215, 152.125992, 152.60603, 148.27749 ] }, { "date": "2025-08-29", "close": 154.68045, "volume": 33365282, "typical_volume": 29537253.15, "trend": 143.058616, "fair_value": 122.067179, "relative_strength": 6.824097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.113872, "energy": 28.096707, "activity_lines": [ 153.411551, 152.506794, 153.065276, 149.095206 ] }, { "date": "2025-09-05", "close": 159.538971, "volume": 26735871, "typical_volume": 30107905.6, "trend": 144.177765, "fair_value": 122.539014, "relative_strength": 6.620407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.283968, "energy": 38.623779, "activity_lines": [ 155.656411, 153.752437, 153.828163, 150.158454 ] }, { "date": "2025-09-12", "close": 165.58934, "volume": 25270919, "typical_volume": 29438782.55, "trend": 145.376215, "fair_value": 123.01019, "relative_strength": 7.96401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.753788, "energy": 63.370294, "activity_lines": [ 159.324243, 156.084086, 155.007398, 151.539846 ] }, { "date": "2025-09-19", "close": 164.879669, "volume": 41847788, "typical_volume": 29566032.2, "trend": 146.49852, "fair_value": 123.488319, "relative_strength": 8.111735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.508832, "energy": 68.129328, "activity_lines": [ 161.908162, 158.120784, 155.999633, 152.798134 ] }, { "date": "2025-09-26", "close": 164.288284, "volume": 27264455, "typical_volume": 28979132.35, "trend": 147.829324, "fair_value": 123.972882, "relative_strength": 5.470535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.025253, "energy": 69.215293, "activity_lines": [ 163.432434, 159.748224, 156.859467, 153.94586 ] }, { "date": "2025-10-03", "close": 163.778778, "volume": 24704649, "typical_volume": 28302761.6, "trend": 149.069831, "fair_value": 124.401337, "relative_strength": 5.549971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.783122, "energy": 63.692778, "activity_lines": [ 164.093579, 160.962766, 157.592358, 154.974857 ] }, { "date": "2025-10-10", "close": 158.519943, "volume": 31494960, "typical_volume": 28203086.65, "trend": 150.147881, "fair_value": 124.76695, "relative_strength": 4.367708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.201826, "energy": 40.866633, "activity_lines": [ 162.395224, 161.019174, 157.798412, 155.584542 ] }, { "date": "2025-10-17", "close": 157.182495, "volume": 47427474, "typical_volume": 28176070.75, "trend": 151.080366, "fair_value": 125.085251, "relative_strength": 1.330386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.977151, "energy": 25.143792, "activity_lines": [ 160.318988, 160.688987, 157.873884, 156.038388 ] }, { "date": "2025-10-24", "close": 155.717667, "volume": 33765904, "typical_volume": 28455849.25, "trend": 152.115784, "fair_value": 125.390548, "relative_strength": 1.148592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.475795, "energy": 16.629507, "activity_lines": [ 158.314932, 160.014223, 157.806643, 156.337569 ] }, { "date": "2025-10-31", "close": 158.683716, "volume": 30702869, "typical_volume": 28901262.5, "trend": 153.334223, "fair_value": 125.672814, "relative_strength": 0.264199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.082937, "energy": 19.066699, "activity_lines": [ 157.91036, 159.810089, 158.024179, 156.761306 ] }, { "date": "2025-11-07", "close": 162.395844, "volume": 25657204, "typical_volume": 28500561.25, "trend": 154.704927, "fair_value": 126.048333, "relative_strength": 1.463168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.926324, "energy": 18.554239, "activity_lines": [ 159.116801, 160.19371, 158.591785, 157.345927 ] }, { "date": "2025-11-14", "close": 159.493469, "volume": 31129539, "typical_volume": 28772043.2, "trend": 155.822559, "fair_value": 126.396344, "relative_strength": 1.140943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.820903, "energy": 14.364355, "activity_lines": [ 159.44798, 159.909346, 158.841381, 157.654865 ] }, { "date": "2025-11-21", "close": 157.473648, "volume": 17736368, "typical_volume": 28588658.8, "trend": 156.387914, "fair_value": 126.71823, "relative_strength": 0.419897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.929988, "energy": 14.080534, "activity_lines": [ 159.040983, 159.258569, 158.895148, 157.761387 ] }, { "date": "2025-11-28", "close": 158.76561, "volume": 31040029, "typical_volume": 28863234.25, "trend": 156.716667, "fair_value": 127.075546, "relative_strength": -1.684352, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.236605, "energy": 13.904266, "activity_lines": [ 159.04523, 158.990252, 159.06715, 157.914787 ] }, { "date": "2025-12-05", "close": 159.002167, "volume": 36328036, "typical_volume": 29221411.25, "trend": 157.089394, "fair_value": 127.437973, "relative_strength": -1.351646, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.599608, "energy": 11.317766, "activity_lines": [ 158.925133, 158.876111, 159.21177, 158.062239 ] }, { "date": "2025-12-12", "close": 165.854996, "volume": 26647181, "typical_volume": 28878674.6, "trend": 157.340568, "fair_value": 127.834976, "relative_strength": 0.598545, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.34347, "energy": 30.595597, "activity_lines": [ 161.068083, 160.104049, 159.950335, 158.627761 ] }, { "date": "2025-12-19", "close": 160.547623, "volume": 46141851, "typical_volume": 29902664.8, "trend": 157.430599, "fair_value": 128.182689, "relative_strength": -1.589733, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.946998, "energy": 28.733154, "activity_lines": [ 161.211298, 160.329262, 160.120649, 158.834668 ] }, { "date": "2025-12-26", "close": 162.291489, "volume": 9591216, "typical_volume": 29330346.4, "trend": 157.623341, "fair_value": 128.580048, "relative_strength": -3.14491, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.668853, "energy": 37.2155, "activity_lines": [ 161.865525, 160.834673, 160.409827, 159.148274 ] }, { "date": "2026-01-02", "close": 162.101929, "volume": 13743180, "typical_volume": 29053325.45, "trend": 157.820077, "fair_value": 128.92796, "relative_strength": -1.100031, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.292757, "energy": 38.554376, "activity_lines": [ 162.135375, 161.212729, 160.63613, 159.437215 ] }, { "date": "2026-01-09", "close": 160.822479, "volume": 29946867, "typical_volume": 29527082.1, "trend": 157.915631, "fair_value": 129.237043, "relative_strength": -4.746212, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.031581, "energy": 22.09304, "activity_lines": [ 161.756321, 161.24208, 160.692199, 159.630918 ] }, { "date": "2026-01-16", "close": 174.744827, "volume": 42036776, "typical_volume": 29960656.8, "trend": 158.61841, "fair_value": 129.647751, "relative_strength": 1.738167, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.636634, "energy": 57.543688, "activity_lines": [ 165.896696, 163.76388, 162.04119, 160.716673 ] }, { "date": "2026-01-23", "close": 176.270691, "volume": 27432838, "typical_volume": 29995505.15, "trend": 159.201912, "fair_value": 130.062923, "relative_strength": 0.95222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.584413, "energy": 69.841556, "activity_lines": [ 169.953036, 166.338583, 163.439956, 161.85553 ] }, { "date": "2026-01-30", "close": 186.724289, "volume": 43884653, "typical_volume": 30926191.85, "trend": 160.210597, "fair_value": 130.556428, "relative_strength": 7.59262, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.347049, "energy": 82.733794, "activity_lines": [ 176.445705, 170.5089, 165.754628, 163.631167 ] }, { "date": "2026-02-06", "close": 197.471695, "volume": 31021573, "typical_volume": 30384881.1, "trend": 161.850176, "fair_value": 131.111446, "relative_strength": 8.298548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.742165, "energy": 92.63795, "activity_lines": [ 184.891989, 176.101461, 168.992219, 166.035109 ] }, { "date": "2026-02-13", "close": 193.510117, "volume": 31980410, "typical_volume": 30620678.85, "trend": 163.411381, "fair_value": 131.606408, "relative_strength": 4.889426, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.415766, "energy": 90.906907, "activity_lines": [ 189.659763, 180.269988, 171.697318, 168.077686 ] }, { "date": "2026-02-20", "close": 189.235809, "volume": 21065403, "typical_volume": 30438716.55, "trend": 164.63025, "fair_value": 132.101342, "relative_strength": 2.474955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.638072, "energy": 87.124671, "activity_lines": [ 190.823591, 183.033951, 173.856188, 169.743778 ] }, { "date": "2026-02-27", "close": 185.596481, "volume": 45124166, "typical_volume": 31120176.85, "trend": 165.795742, "fair_value": 132.557634, "relative_strength": 0.381382, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.48827, "energy": 79.187364, "activity_lines": [ 189.808245, 184.711112, 175.547232, 171.096438 ] }, { "date": "2026-03-06", "close": 179.530914, "volume": 32905608, "typical_volume": 30394083.55, "trend": 166.68414, "fair_value": 133.012868, "relative_strength": 2.796392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.737239, "energy": 48.316708, "activity_lines": [ 186.149323, 184.830009, 176.531666, 171.982578 ] }, { "date": "2026-03-13", "close": 179.483536, "volume": 29356301, "typical_volume": 30173603.4, "trend": 167.602195, "fair_value": 133.498288, "relative_strength": 5.118065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.516323, "energy": 30.977896, "activity_lines": [ 182.954168, 184.626848, 177.405167, 172.808346 ] }, { "date": "2026-03-20", "close": 174.384674, "volume": 28499702, "typical_volume": 30063445.05, "trend": 168.285387, "fair_value": 133.933004, "relative_strength": 4.337606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.561089, "energy": 23.959578, "activity_lines": [ 179.258602, 183.180592, 177.679892, 173.245925 ] }, { "date": "2026-03-27", "close": 180.071136, "volume": 29069447, "typical_volume": 30234057.2, "trend": 169.131743, "fair_value": 134.391701, "relative_strength": 3.34719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.229061, "energy": 22.807888, "activity_lines": [ 178.733553, 182.521652, 178.421418, 174.006296 ] }, { "date": "2026-04-03", "close": 189.994003, "volume": 18023242, "typical_volume": 29578742.35, "trend": 170.146911, "fair_value": 134.921526, "relative_strength": 4.053805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.854319, "energy": 24.443048, "activity_lines": [ 182.127104, 183.570028, 180.02381, 175.352248 ] }, { "date": "2026-04-10", "close": 188.354416, "volume": 30631590, "typical_volume": 30223503.45, "trend": 170.905746, "fair_value": 135.452348, "relative_strength": 2.43054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.588241, "energy": 31.730929, "activity_lines": [ 184.680959, 184.070783, 181.324811, 176.526926 ] }, { "date": "2026-04-17", "close": 185.577515, "volume": 43168054, "typical_volume": 30829904.7, "trend": 171.595675, "fair_value": 135.949093, "relative_strength": 0.997327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.309554, "energy": 35.296031, "activity_lines": [ 185.720946, 184.037008, 182.214294, 177.473491 ] }, { "date": "2026-04-24", "close": 183.871582, "volume": 21006204, "typical_volume": 30063813.1, "trend": 172.248451, "fair_value": 136.413355, "relative_strength": 0.797902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.702762, "energy": 35.099172, "activity_lines": [ 185.786024, 183.909321, 182.813632, 178.265486 ] }, { "date": "2026-05-01", "close": 180.421799, "volume": 22259840, "typical_volume": 29844446.05, "trend": 172.803219, "fair_value": 136.868019, "relative_strength": 0.91391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.63271, "energy": 27.256997, "activity_lines": [ 184.068714, 183.329647, 182.965993, 178.792798 ] }, { "date": "2026-05-08", "close": 182.743774, "volume": 27174280, "typical_volume": 28896067.5, "trend": 173.61068, "fair_value": 137.357924, "relative_strength": -0.711599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.203, "energy": 17.722007, "activity_lines": [ 183.102017, 183.332405, 183.270128, 179.434124 ] }, { "date": "2026-05-15", "close": 174.422577, "volume": 26307335, "typical_volume": 29731873.45, "trend": 174.185349, "fair_value": 137.80893, "relative_strength": -2.496066, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.322941, "energy": 8.496705, "activity_lines": [ 179.844937, 181.874085, 182.676073, 179.486505 ] }, { "date": "2026-05-22", "close": 181.227386, "volume": 28315464, "typical_volume": 30460487.65, "trend": 175.035673, "fair_value": 138.278386, "relative_strength": 0.8157, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.233763, "energy": 12.303443, "activity_lines": [ 179.784916, 181.745882, 182.672328, 179.94083 ] }, { "date": "2026-05-29", "close": 180.630005, "volume": 43122862, "typical_volume": 31119287.4, "trend": 175.767216, "fair_value": 138.789815, "relative_strength": 0.163772, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.52211, "energy": 10.802357, "activity_lines": [ 179.815776, 181.477358, 182.520615, 180.301754 ] }, { "date": "2026-06-05", "close": 177.080002, "volume": 4218991, "typical_volume": 29228398.15, "trend": 176.256688, "fair_value": 139.241028, "relative_strength": 1.836788, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.050279, "energy": 10.549896, "activity_lines": [ 178.879408, 180.449828, 181.936486, 180.38645 ] }, { "date": "2026-06-12", "close": 187.960007, "volume": 4744127, "typical_volume": 28093962.6, "trend": 177.205573, "fair_value": 139.74496, "relative_strength": 5.197312, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.798735, "energy": 17.377628, "activity_lines": [ 181.792494, 181.454865, 182.377427, 181.141503 ] }, { "date": "2026-06-19", "close": 189.479996, "volume": 8140587, "typical_volume": 26306759.3, "trend": 178.272451, "fair_value": 140.292395, "relative_strength": 6.385751, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.702107, "energy": 26.483946, "activity_lines": [ 184.864494, 182.773244, 182.907466, 181.933401 ] }, { "date": "2026-06-26", "close": 182.899994, "volume": 4770413, "typical_volume": 24994201.3, "trend": 179.07693, "fair_value": 140.78179, "relative_strength": 3.458134, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.571594, "energy": 26.41006, "activity_lines": [ 184.739332, 182.874795, 182.797716, 182.231953 ] }, { "date": "2026-07-03", "close": 187.630005, "volume": 3377287, "typical_volume": 23564045.15, "trend": 180.031192, "fair_value": 141.268133, "relative_strength": 6.318484, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.641462, "energy": 38.546627, "activity_lines": [ 186.079334, 183.88503, 183.207832, 182.783764 ] }, { "date": "2026-07-10", "close": 186.509995, "volume": 34898779, "typical_volume": 24255713.95, "trend": 180.719691, "fair_value": 141.746376, "relative_strength": 6.437209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.074077, "energy": 41.021789, "activity_lines": [ 186.579332, 184.623292, 183.539281, 183.201751 ] }, { "date": "2026-07-17", "close": 181.339996, "volume": 24548377, "typical_volume": 23226924.5, "trend": 181.412771, "fair_value": 142.19919, "relative_strength": 3.18571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.185102, "energy": 17.415044, "activity_lines": [ 184.727331, 184.31086, 183.391329, 183.241771 ] }, { "date": "2026-07-24", "close": 193.039993, "volume": 30048441, "typical_volume": 23084066.15, "trend": 182.437721, "fair_value": 142.676025, "relative_strength": 10.062158, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.767702, "energy": 35.360501, "activity_lines": [ 187.216663, 186.151223, 184.377932, 183.991914 ] }, { "date": "2026-07-31", "close": 200.580002, "volume": 28486393, "typical_volume": 23040570.75, "trend": 183.720323, "fair_value": 143.219674, "relative_strength": 13.12749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.89042, "energy": 55.849398, "activity_lines": [ 191.981998, 189.023998, 186.018302, 185.162384 ] }, { "date": "2026-08-07", "close": 199.740005, "volume": 18167348, "typical_volume": 22523953.05, "trend": 185.017574, "fair_value": 143.77996, "relative_strength": 12.364399, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.103758, "energy": 65.941365, "activity_lines": [ 195.288667, 191.392181, 187.478212, 186.195912 ] } ], "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." } } }