{ "ticker": { "uuid": "692f1b32-4b7d-4954-b87e-a6ba67dc2277", "symbol": "TOL", "name": "Toll Brothers Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 91.934, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 44.511, "architecture_energy": 21.952, "architecture_maturity": 37.866, "architecture_confidence": 81.856, "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": 49.86, "rotation_up": 34.18, "upward_expansion": 60.99, "deceleration": 86.2, "rotation_down": 23.17, "downward_expansion": 13.32 }, "activity_lines": [ 150.642, 151.862633, 147.716807, 146.253893 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 155.09, "trend_reference": 145.893032, "distance_from_trend": 0.063039, "trend_direction": "Improving", "fair_value": 123.186888, "distance_from_fair_value": 0.258981, "fair_value_direction": "Improving", "relative_strength": -2.774907, "relative_strength_direction": "Improving", "price_momentum": 0.013686, "excess_performance": -0.111939, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063039, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033738, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.258981, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.081577, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.027749, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.05249, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.013686, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.438697, "read": "Demand-led" } ], "volume": { "latest": 3325462, "relative_activity": 0.644419, "balance": 1.438697, "dry_up": 0.821849, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.069832, "annualized_volatility": 0.33969, "from_high_reference": -0.07711, "from_low_reference": 0.276924 }, "levels": { "trend_reference": 145.893032, "fair_value_reference": 123.186888, "structural_low": 123.145, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.017206, "positive_rate": 0.548387, "directional_follow_through": 0.548387, "median_excess_return": 0.009031, "regime_survival": 0.677419, "best_return": 0.170996, "worst_return": -0.203947, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.050097, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": -0.006695, "regime_survival": 0.583333, "best_return": 0.405889, "worst_return": -0.319991, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.134407, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.000739, "regime_survival": 0.5, "best_return": 0.45542, "worst_return": -0.16947, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.274518, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.006762, "regime_survival": 0.333333, "best_return": 0.896464, "worst_return": -0.249541, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-12-27", "tenure": "Established", "return": -0.062243, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.071944, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-01-31", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-06-13", "tenure": "Established", "return": -0.13247, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.117441, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": 0.116339, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-10-10", "tenure": "Developing", "return": -0.083782, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2026-01-16", "tenure": "Established", "return": 0.082693, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": -0.05679, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.11297, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": -0.039402, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-06-05", "tenure": "New", "return": -0.006276, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.068253, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.037461, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 74.671437, "volume": 7892864, "typical_volume": 7331913.6, "trend": 65.643455, "fair_value": 53.385143, "relative_strength": 22.124131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.632124, "energy": 41.62392, "activity_lines": [ 76.717292, 77.044614, 73.857959, 70.200948 ] }, { "date": "2023-08-25", "close": 75.668621, "volume": 14871539, "typical_volume": 7871076.0, "trend": 66.307326, "fair_value": 53.611317, "relative_strength": 21.767015, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.176713, "energy": 34.169945, "activity_lines": [ 76.249985, 76.892934, 74.397852, 70.847733 ] }, { "date": "2023-09-01", "close": 81.954786, "volume": 9971414, "typical_volume": 8097735.8, "trend": 67.072255, "fair_value": 53.888032, "relative_strength": 27.350517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.468944, "energy": 46.769123, "activity_lines": [ 77.964098, 77.811112, 75.444444, 71.857247 ] }, { "date": "2023-09-08", "close": 79.109881, "volume": 7318836, "typical_volume": 8120950.15, "trend": 67.806471, "fair_value": 54.126986, "relative_strength": 23.357491, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.755142, "energy": 41.44834, "activity_lines": [ 78.493973, 78.070926, 76.108436, 72.633868 ] }, { "date": "2023-09-15", "close": 76.128107, "volume": 11149723, "typical_volume": 8368570.5, "trend": 68.491811, "fair_value": 54.345319, "relative_strength": 17.904019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.131936, "energy": 37.838355, "activity_lines": [ 77.930206, 77.751863, 76.39879, 73.170747 ] }, { "date": "2023-09-22", "close": 72.41311, "volume": 8804253, "typical_volume": 8540111.05, "trend": 69.016726, "fair_value": 54.520916, "relative_strength": 14.685881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.023552, "energy": 23.025585, "activity_lines": [ 76.232388, 76.738504, 76.269529, 73.423734 ] }, { "date": "2023-09-29", "close": 72.305571, "volume": 7699049, "typical_volume": 8525554.85, "trend": 69.480092, "fair_value": 54.684374, "relative_strength": 14.492088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.15561, "energy": 12.349783, "activity_lines": [ 74.649278, 75.873568, 76.079917, 73.635918 ] }, { "date": "2023-10-06", "close": 69.598172, "volume": 9467406, "typical_volume": 8693328.35, "trend": 69.942263, "fair_value": 54.829565, "relative_strength": 9.090812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -5.563232, "energy": 19.785372, "activity_lines": [ 72.387905, 74.600986, 75.586247, 73.643536 ] }, { "date": "2023-10-13", "close": 70.333571, "volume": 8891047, "typical_volume": 8426092.3, "trend": 70.419232, "fair_value": 54.987926, "relative_strength": 9.043638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.809376, "energy": 23.139768, "activity_lines": [ 71.195439, 73.622433, 75.13928, 73.668782 ] }, { "date": "2023-10-20", "close": 67.333143, "volume": 7121715, "typical_volume": 8440137.3, "trend": 70.7719, "fair_value": 55.134119, "relative_strength": 6.261266, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.214868, "energy": 48.842982, "activity_lines": [ 69.587918, 72.230722, 74.387521, 73.469679 ] }, { "date": "2023-10-27", "close": 67.431196, "volume": 6032064, "typical_volume": 8299867.25, "trend": 71.075701, "fair_value": 55.311018, "relative_strength": 8.418927, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.23209, "energy": 53.870627, "activity_lines": [ 68.599412, 71.045187, 73.655717, 73.25415 ] }, { "date": "2023-11-03", "close": 79.687848, "volume": 9033953, "typical_volume": 8252401.85, "trend": 71.853557, "fair_value": 55.547763, "relative_strength": 19.960164, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 24.401304, "energy": 17.124734, "activity_lines": [ 72.028584, 72.219774, 74.115013, 73.809772 ] }, { "date": "2023-11-10", "close": 78.775953, "volume": 5414490, "typical_volume": 8129796.95, "trend": 72.529194, "fair_value": 55.778602, "relative_strength": 16.075864, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.611001, "energy": 20.409113, "activity_lines": [ 74.66164, 73.155486, 74.449183, 74.256379 ] }, { "date": "2023-11-17", "close": 84.119853, "volume": 6538889, "typical_volume": 8059263.95, "trend": 73.323815, "fair_value": 56.03355, "relative_strength": 20.047783, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.42973, "energy": 41.952963, "activity_lines": [ 78.464144, 75.120613, 75.270476, 75.004163 ] }, { "date": "2023-11-24", "close": 83.855109, "volume": 2647956, "typical_volume": 7850500.7, "trend": 74.042014, "fair_value": 56.283841, "relative_strength": 17.470674, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.139984, "energy": 55.005316, "activity_lines": [ 81.259314, 76.946514, 76.033076, 75.683601 ] }, { "date": "2023-12-01", "close": 86.071112, "volume": 7111502, "typical_volume": 7826983.4, "trend": 74.848054, "fair_value": 56.546285, "relative_strength": 18.53355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.350359, "energy": 80.293109, "activity_lines": [ 83.691687, 79.034834, 76.964995, 76.459672 ] }, { "date": "2023-12-08", "close": 91.052215, "volume": 10656727, "typical_volume": 7909160.25, "trend": 75.796407, "fair_value": 56.861857, "relative_strength": 23.947333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.737456, "energy": 88.029745, "activity_lines": [ 86.541767, 81.780482, 78.350259, 77.505102 ] }, { "date": "2023-12-15", "close": 100.484935, "volume": 12553909, "typical_volume": 8209723.45, "trend": 76.989313, "fair_value": 57.226662, "relative_strength": 32.243436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.753942, "energy": 95.297962, "activity_lines": [ 91.778463, 85.900321, 80.566768, 79.09791 ] }, { "date": "2023-12-22", "close": 101.553715, "volume": 6258194, "typical_volume": 8214512.45, "trend": 78.163247, "fair_value": 57.602123, "relative_strength": 31.121954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.249286, "energy": 95.415866, "activity_lines": [ 95.924153, 89.652907, 82.779974, 80.68271 ] }, { "date": "2023-12-29", "close": 100.7889, "volume": 3191856, "typical_volume": 8131369.3, "trend": 79.204118, "fair_value": 57.985666, "relative_strength": 28.414528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.497872, "energy": 91.866744, "activity_lines": [ 98.652647, 92.698796, 84.806342, 82.14243 ] }, { "date": "2024-01-05", "close": 97.847303, "volume": 5685826, "typical_volume": 8021017.4, "trend": 80.05139, "fair_value": 58.352727, "relative_strength": 25.551686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.189901, "energy": 87.739041, "activity_lines": [ 99.27169, 94.601564, 86.442575, 83.345216 ] }, { "date": "2024-01-12", "close": 99.54882, "volume": 7052494, "typical_volume": 7630065.15, "trend": 80.981379, "fair_value": 58.720705, "relative_strength": 24.383563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.444424, "energy": 83.252593, "activity_lines": [ 99.672825, 96.260677, 88.130495, 84.603115 ] }, { "date": "2024-01-19", "close": 99.32284, "volume": 6318241, "typical_volume": 7447406.5, "trend": 81.819014, "fair_value": 59.049696, "relative_strength": 21.692311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.202614, "energy": 64.069444, "activity_lines": [ 99.432194, 97.517595, 89.683178, 85.786435 ] }, { "date": "2024-01-26", "close": 96.748641, "volume": 7283360, "typical_volume": 7445632.7, "trend": 82.474322, "fair_value": 59.360491, "relative_strength": 16.546102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.34322, "energy": 55.731524, "activity_lines": [ 98.410969, 97.932897, 90.907995, 86.749637 ] }, { "date": "2024-02-02", "close": 98.418923, "volume": 6210046, "typical_volume": 7198648.85, "trend": 83.251892, "fair_value": 59.666735, "relative_strength": 16.187995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.767215, "energy": 52.2392, "activity_lines": [ 98.266843, 98.422272, 92.207892, 87.778321 ] }, { "date": "2024-02-09", "close": 99.244239, "volume": 4531076, "typical_volume": 6984990.0, "trend": 83.838309, "fair_value": 59.963315, "relative_strength": 14.839599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.711298, "energy": 49.278875, "activity_lines": [ 98.555821, 98.796909, 93.480244, 88.810085 ] }, { "date": "2024-02-16", "close": 100.393786, "volume": 8446722, "typical_volume": 7022373.65, "trend": 84.619466, "fair_value": 60.274226, "relative_strength": 15.756542, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.476984, "energy": 49.538686, "activity_lines": [ 99.134852, 99.141042, 94.734309, 89.87818 ] }, { "date": "2024-02-23", "close": 109.354359, "volume": 9883752, "typical_volume": 7043190.95, "trend": 85.650752, "fair_value": 60.65178, "relative_strength": 23.061078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.818912, "energy": 64.494567, "activity_lines": [ 102.64441, 100.944523, 96.708008, 91.47398 ] }, { "date": "2024-03-01", "close": 114.876115, "volume": 6836728, "typical_volume": 6940475.0, "trend": 86.892819, "fair_value": 61.061884, "relative_strength": 26.936381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.333463, "energy": 81.670132, "activity_lines": [ 107.325785, 103.590698, 99.018274, 93.359487 ] }, { "date": "2024-03-08", "close": 118.570386, "volume": 7125852, "typical_volume": 6940681.85, "trend": 88.255422, "fair_value": 61.485922, "relative_strength": 30.101539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.908166, "energy": 93.576001, "activity_lines": [ 112.030085, 106.666334, 101.468268, 95.403201 ] }, { "date": "2024-03-15", "close": 118.206854, "volume": 9952720, "typical_volume": 7136714.65, "trend": 89.706602, "fair_value": 61.914168, "relative_strength": 28.585674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.752516, "energy": 93.045519, "activity_lines": [ 115.269778, 109.352572, 103.639653, 97.335551 ] }, { "date": "2024-03-22", "close": 124.003716, "volume": 5718012, "typical_volume": 6970917.6, "trend": 91.317772, "fair_value": 62.354386, "relative_strength": 30.658443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.02612, "energy": 94.907642, "activity_lines": [ 119.177583, 112.722612, 106.121331, 99.548268 ] }, { "date": "2024-03-29", "close": 127.108476, "volume": 3327883, "typical_volume": 6866587.25, "trend": 92.822895, "fair_value": 62.812025, "relative_strength": 32.079851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.851292, "energy": 94.116397, "activity_lines": [ 122.546313, 116.212519, 108.687673, 101.857346 ] }, { "date": "2024-04-05", "close": 123.182332, "volume": 5367633, "typical_volume": 6808024.45, "trend": 94.291977, "fair_value": 63.235261, "relative_strength": 27.83782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.068232, "energy": 79.547517, "activity_lines": [ 123.42272, 118.483389, 110.649941, 103.816019 ] }, { "date": "2024-04-12", "close": 118.3393, "volume": 5578618, "typical_volume": 6954557.55, "trend": 95.699016, "fair_value": 63.621684, "relative_strength": 23.512812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.955975, "energy": 65.750788, "activity_lines": [ 122.131036, 119.393095, 111.964956, 105.36746 ] }, { "date": "2024-04-19", "close": 110.454607, "volume": 6618802, "typical_volume": 6929922.55, "trend": 96.967066, "fair_value": 63.9606, "relative_strength": 18.032373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.575479, "energy": 48.867743, "activity_lines": [ 118.226527, 118.507031, 112.364838, 106.319433 ] }, { "date": "2024-04-26", "close": 118.3393, "volume": 4806150, "typical_volume": 6637393.7, "trend": 98.501524, "fair_value": 64.338462, "relative_strength": 22.193447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.729566, "energy": 37.428363, "activity_lines": [ 117.467065, 118.850723, 113.399531, 107.698287 ] }, { "date": "2024-05-03", "close": 121.695954, "volume": 5371371, "typical_volume": 6278266.8, "trend": 100.238117, "fair_value": 64.707783, "relative_strength": 23.841797, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.142063, "energy": 33.971159, "activity_lines": [ 118.204115, 119.478434, 114.623967, 109.194702 ] }, { "date": "2024-05-10", "close": 125.032922, "volume": 6036194, "typical_volume": 6267166.8, "trend": 102.061428, "fair_value": 65.126912, "relative_strength": 23.842068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.944077, "energy": 39.198453, "activity_lines": [ 120.414323, 120.488474, 116.065204, 110.794367 ] }, { "date": "2024-05-17", "close": 128.694727, "volume": 6618645, "typical_volume": 6438506.25, "trend": 104.106815, "fair_value": 65.588156, "relative_strength": 24.331951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.240276, "energy": 53.887552, "activity_lines": [ 123.721759, 121.979627, 117.74338, 112.512644 ] }, { "date": "2024-05-24", "close": 120.987218, "volume": 12124028, "typical_volume": 6760416.35, "trend": 105.892015, "fair_value": 65.967568, "relative_strength": 16.108061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.567262, "energy": 47.158441, "activity_lines": [ 123.769665, 121.885336, 118.554621, 113.601702 ] }, { "date": "2024-05-31", "close": 119.737085, "volume": 5504847, "typical_volume": 6683034.0, "trend": 107.22699, "fair_value": 66.350868, "relative_strength": 14.66343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.941763, "energy": 41.734265, "activity_lines": [ 122.698685, 121.513196, 119.136613, 114.494933 ] }, { "date": "2024-06-07", "close": 115.258265, "volume": 5824176, "typical_volume": 6658330.75, "trend": 108.443067, "fair_value": 66.730595, "relative_strength": 8.528691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.271182, "energy": 25.984814, "activity_lines": [ 120.04158, 120.4043, 119.195915, 115.013079 ] }, { "date": "2024-06-14", "close": 117.453379, "volume": 6495918, "typical_volume": 6618958.65, "trend": 109.554184, "fair_value": 67.140668, "relative_strength": 8.268542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.250752, "energy": 18.13013, "activity_lines": [ 118.545358, 119.909974, 119.388393, 115.59439 ] }, { "date": "2024-06-21", "close": 115.287795, "volume": 6552407, "typical_volume": 6636076.7, "trend": 110.601941, "fair_value": 67.529147, "relative_strength": 5.209565, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.878228, "energy": 14.505149, "activity_lines": [ 116.832578, 119.126069, 119.276031, 115.9643 ] }, { "date": "2024-06-28", "close": 113.378144, "volume": 6316754, "typical_volume": 6725360.6, "trend": 111.512175, "fair_value": 67.902287, "relative_strength": 3.206599, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.650562, "energy": 13.472218, "activity_lines": [ 115.377043, 118.050436, 118.901469, 116.14341 ] }, { "date": "2024-07-05", "close": 107.678722, "volume": 5365219, "typical_volume": 6571285.45, "trend": 112.066392, "fair_value": 68.250239, "relative_strength": -4.010501, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.680642, "energy": 21.759791, "activity_lines": [ 112.528973, 115.885389, 117.916801, 115.896091 ] }, { "date": "2024-07-12", "close": 121.478881, "volume": 7746171, "typical_volume": 6464406.4, "trend": 112.76619, "fair_value": 68.704194, "relative_strength": 6.925177, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.979137, "energy": 15.769366, "activity_lines": [ 115.084846, 116.423291, 118.211744, 116.503348 ] }, { "date": "2024-07-19", "close": 129.764895, "volume": 7064906, "typical_volume": 6475815.3, "trend": 113.706563, "fair_value": 69.188485, "relative_strength": 15.806928, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.397269, "energy": 23.51233, "activity_lines": [ 119.988017, 118.471687, 119.238095, 117.600039 ] }, { "date": "2024-07-26", "close": 137.557693, "volume": 7684949, "typical_volume": 6503770.15, "trend": 114.932189, "fair_value": 69.70927, "relative_strength": 22.877154, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.480584, "energy": 62.259476, "activity_lines": [ 126.668018, 121.85092, 120.935718, 119.138821 ] }, { "date": "2024-08-02", "close": 133.2174, "volume": 6697215, "typical_volume": 6340994.9, "trend": 116.111192, "fair_value": 70.210028, "relative_strength": 20.743228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.441902, "energy": 67.397605, "activity_lines": [ 130.416596, 124.279865, 122.129565, 120.318512 ] }, { "date": "2024-08-09", "close": 125.848767, "volume": 7162225, "typical_volume": 6413205.55, "trend": 116.987857, "fair_value": 70.644853, "relative_strength": 13.420256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.543614, "energy": 65.563144, "activity_lines": [ 130.386346, 125.14669, 122.550158, 120.946743 ] }, { "date": "2024-08-16", "close": 127.565155, "volume": 5049403, "typical_volume": 6499281.55, "trend": 117.929268, "fair_value": 71.10006, "relative_strength": 9.969677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.446136, "energy": 61.922513, "activity_lines": [ 129.716888, 126.214465, 123.12543, 121.629149 ] }, { "date": "2024-08-23", "close": 146.701902, "volume": 11865202, "typical_volume": 6824160.0, "trend": 119.594377, "fair_value": 71.647973, "relative_strength": 23.723241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.775319, "energy": 68.071878, "activity_lines": [ 135.020595, 130.537886, 125.521076, 123.485448 ] }, { "date": "2024-08-30", "close": 142.115001, "volume": 5754232, "typical_volume": 6832940.7, "trend": 121.050913, "fair_value": 72.17038, "relative_strength": 18.789619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.325017, "energy": 59.827475, "activity_lines": [ 137.666201, 133.495535, 127.367875, 124.938392 ] }, { "date": "2024-09-06", "close": 136.896785, "volume": 4926545, "typical_volume": 6748327.85, "trend": 122.305997, "fair_value": 72.674747, "relative_strength": 18.578843, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.001647, "energy": 58.720147, "activity_lines": [ 138.268581, 135.016649, 128.604484, 125.960706 ] }, { "date": "2024-09-13", "close": 147.767246, "volume": 7737419, "typical_volume": 6894891.3, "trend": 123.885113, "fair_value": 73.238929, "relative_strength": 22.081387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.553713, "energy": 73.74834, "activity_lines": [ 142.249155, 138.086599, 130.75046, 127.603367 ] }, { "date": "2024-09-20", "close": 148.398561, "volume": 11129423, "typical_volume": 7182793.9, "trend": 125.186586, "fair_value": 73.825126, "relative_strength": 19.917846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.060479, "energy": 66.928672, "activity_lines": [ 144.978937, 140.542452, 132.816428, 129.18488 ] }, { "date": "2024-09-27", "close": 153.241934, "volume": 6098054, "typical_volume": 7185886.9, "trend": 126.465447, "fair_value": 74.471118, "relative_strength": 22.091197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.56418, "energy": 70.136754, "activity_lines": [ 147.934282, 143.389469, 135.216514, 130.994902 ] }, { "date": "2024-10-04", "close": 147.856025, "volume": 5207821, "typical_volume": 7115345.7, "trend": 127.441635, "fair_value": 75.075535, "relative_strength": 16.532394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.812554, "energy": 64.649526, "activity_lines": [ 148.658321, 144.830374, 136.969328, 132.37494 ] }, { "date": "2024-10-11", "close": 148.053311, "volume": 4309311, "typical_volume": 6724609.85, "trend": 128.436517, "fair_value": 75.666678, "relative_strength": 14.462058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.843487, "energy": 57.286654, "activity_lines": [ 149.065388, 146.119908, 138.649687, 133.704725 ] }, { "date": "2024-10-18", "close": 157.656128, "volume": 4434804, "typical_volume": 6671107.7, "trend": 129.558264, "fair_value": 76.308077, "relative_strength": 19.73086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.865116, "energy": 66.294137, "activity_lines": [ 151.929626, 148.885664, 141.115714, 135.589862 ] }, { "date": "2024-10-25", "close": 147.223438, "volume": 5797534, "typical_volume": 6669775.6, "trend": 130.228762, "fair_value": 76.884248, "relative_strength": 12.039298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.869376, "energy": 46.734484, "activity_lines": [ 150.657041, 149.176252, 142.407584, 136.72955 ] }, { "date": "2024-11-01", "close": 144.733819, "volume": 5314938, "typical_volume": 6610726.6, "trend": 130.947145, "fair_value": 77.433159, "relative_strength": 11.051104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.709953, "energy": 36.292947, "activity_lines": [ 148.632925, 148.656758, 143.310133, 137.66536 ] }, { "date": "2024-11-08", "close": 155.690119, "volume": 6529007, "typical_volume": 6609556.6, "trend": 132.192173, "fair_value": 78.040269, "relative_strength": 13.281235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.376357, "energy": 45.275709, "activity_lines": [ 150.828117, 150.165103, 145.126232, 139.261681 ] }, { "date": "2024-11-15", "close": 150.829434, "volume": 4825293, "typical_volume": 6534983.55, "trend": 133.538, "fair_value": 78.604002, "relative_strength": 11.437644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.323071, "energy": 34.558074, "activity_lines": [ 150.880807, 150.542866, 146.287017, 140.464085 ] }, { "date": "2024-11-22", "close": 155.690119, "volume": 4467624, "typical_volume": 6490103.8, "trend": 134.783027, "fair_value": 79.208179, "relative_strength": 12.443948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.704389, "energy": 42.597797, "activity_lines": [ 152.368651, 151.551069, 147.732384, 141.893254 ] }, { "date": "2024-11-29", "close": 163.178736, "volume": 4807229, "typical_volume": 6343156.7, "trend": 136.165787, "fair_value": 79.837208, "relative_strength": 15.702318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.075409, "energy": 62.259641, "activity_lines": [ 156.483768, 153.776787, 149.662327, 143.725235 ] }, { "date": "2024-12-06", "close": 152.242194, "volume": 5904485, "typical_volume": 6285135.65, "trend": 137.072763, "fair_value": 80.357339, "relative_strength": 6.576253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.47769, "energy": 42.514433, "activity_lines": [ 155.889684, 153.745312, 150.352125, 144.762423 ] }, { "date": "2024-12-13", "close": 132.236325, "volume": 13142424, "typical_volume": 6558009.4, "trend": 137.190816, "fair_value": 80.786309, "relative_strength": -6.897976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.05163, "energy": 11.622096, "activity_lines": [ 148.126419, 150.094583, 149.029566, 144.450395 ] }, { "date": "2024-12-20", "close": 123.937594, "volume": 11842210, "typical_volume": 6815259.15, "trend": 137.289162, "fair_value": 81.15023, "relative_strength": -11.054157, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -15.901658, "energy": 22.978623, "activity_lines": [ 139.160496, 145.218989, 146.941992, 143.595348 ] }, { "date": "2024-12-27", "close": 124.925538, "volume": 3986340, "typical_volume": 6656464.9, "trend": 137.46211, "fair_value": 81.508816, "relative_strength": -10.891782, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -35.060309, "energy": 42.442619, "activity_lines": [ 132.316678, 140.961488, 144.992698, 142.797695 ] }, { "date": "2025-01-03", "close": 124.708191, "volume": 4193419, "typical_volume": 6613665.7, "trend": 137.777108, "fair_value": 81.906862, "relative_strength": -10.578825, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.417579, "energy": 58.057692, "activity_lines": [ 127.451382, 137.259572, 143.0271, 141.974861 ] }, { "date": "2025-01-10", "close": 122.277848, "volume": 5411813, "typical_volume": 6290996.25, "trend": 137.937923, "fair_value": 82.283817, "relative_strength": -10.584203, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.325694, "energy": 70.294217, "activity_lines": [ 124.340675, 133.525143, 140.843646, 140.974909 ] }, { "date": "2025-01-17", "close": 133.779132, "volume": 7696785, "typical_volume": 6388123.9, "trend": 138.554301, "fair_value": 82.789676, "relative_strength": -5.090495, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.174916, "energy": 57.795235, "activity_lines": [ 127.061353, 132.290147, 139.871856, 140.7066 ] }, { "date": "2025-01-24", "close": 133.680153, "volume": 5025694, "typical_volume": 6393081.35, "trend": 139.231035, "fair_value": 83.302187, "relative_strength": -6.924452, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.932405, "energy": 33.309176, "activity_lines": [ 129.646184, 131.435537, 138.930335, 140.392139 ] }, { "date": "2025-01-31", "close": 134.422491, "volume": 9537912, "typical_volume": 6483106.0, "trend": 140.122494, "fair_value": 83.829929, "relative_strength": -5.618057, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.664015, "energy": 30.014974, "activity_lines": [ 131.828957, 131.027702, 138.074831, 140.08191 ] }, { "date": "2025-02-07", "close": 123.079573, "volume": 8245422, "typical_volume": 6338905.95, "trend": 140.17585, "fair_value": 84.288145, "relative_strength": -13.461582, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.513415, "energy": 33.475533, "activity_lines": [ 129.597627, 128.944202, 136.202594, 138.982367 ] }, { "date": "2025-02-14", "close": 122.366928, "volume": 8281270, "typical_volume": 6448066.75, "trend": 139.929251, "fair_value": 84.74167, "relative_strength": -15.203097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.342212, "energy": 42.50929, "activity_lines": [ 127.237323, 127.460207, 134.383054, 137.833404 ] }, { "date": "2025-02-21", "close": 110.341059, "volume": 13412214, "typical_volume": 6858286.4, "trend": 139.02203, "fair_value": 85.120616, "relative_strength": -22.076437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.961317, "energy": 73.400249, "activity_lines": [ 120.862457, 124.332876, 131.565216, 135.924489 ] }, { "date": "2025-02-28", "close": 110.499425, "volume": 9793413, "typical_volume": 7132491.5, "trend": 138.264764, "fair_value": 85.503579, "relative_strength": -20.944695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.433762, "energy": 83.653258, "activity_lines": [ 116.102919, 121.632435, 128.941103, 134.084321 ] }, { "date": "2025-03-07", "close": 108.153638, "volume": 11959046, "typical_volume": 7508703.6, "trend": 137.674927, "fair_value": 85.886937, "relative_strength": -19.862493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.516501, "energy": 87.450889, "activity_lines": [ 112.106833, 118.749817, 126.27241, 132.141667 ] }, { "date": "2025-03-14", "close": 103.818387, "volume": 8714103, "typical_volume": 7654532.05, "trend": 136.883368, "fair_value": 86.225297, "relative_strength": -20.96094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.678552, "energy": 92.231555, "activity_lines": [ 108.416921, 115.383916, 123.426563, 129.957374 ] }, { "date": "2025-03-21", "close": 105.065514, "volume": 9740028, "typical_volume": 7875786.55, "trend": 135.495488, "fair_value": 86.598045, "relative_strength": -20.057812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.44222, "energy": 89.191615, "activity_lines": [ 106.426796, 112.62458, 120.90618, 127.90461 ] }, { "date": "2025-03-28", "close": 104.006445, "volume": 7035032, "typical_volume": 7901087.8, "trend": 134.225203, "fair_value": 86.971537, "relative_strength": -19.286308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.567417, "energy": 87.099068, "activity_lines": [ 105.237076, 109.985637, 118.47383, 125.873058 ] }, { "date": "2025-04-04", "close": 99.829559, "volume": 9309571, "typical_volume": 8125301.7, "trend": 132.989629, "fair_value": 87.329765, "relative_strength": -14.497989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.392333, "energy": 81.082029, "activity_lines": [ 103.077369, 107.128582, 115.889794, 123.653985 ] }, { "date": "2025-04-11", "close": 92.910973, "volume": 17940642, "typical_volume": 8798952.6, "trend": 131.161086, "fair_value": 87.641305, "relative_strength": -24.313396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.392831, "energy": 70.905056, "activity_lines": [ 99.32279, 103.629068, 112.889702, 121.068265 ] }, { "date": "2025-04-18", "close": 93.208701, "volume": 5189092, "typical_volume": 8818045.75, "trend": 129.321424, "fair_value": 87.958321, "relative_strength": -22.668854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.20393, "energy": 69.92617, "activity_lines": [ 96.683632, 100.938441, 110.216913, 118.619724 ] }, { "date": "2025-04-25", "close": 99.322048, "volume": 7672362, "typical_volume": 8906439.6, "trend": 127.524095, "fair_value": 88.30979, "relative_strength": -20.854552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.461586, "energy": 64.143167, "activity_lines": [ 96.789568, 99.902438, 108.459538, 116.68428 ] }, { "date": "2025-05-02", "close": 103.539861, "volume": 6627536, "typical_volume": 8580695.2, "trend": 126.046889, "fair_value": 88.6803, "relative_strength": -19.443599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.379787, "energy": 56.930663, "activity_lines": [ 98.68434, 100.052308, 107.35586, 115.13691 ] }, { "date": "2025-05-09", "close": 102.716147, "volume": 5569778, "typical_volume": 8267073.6, "trend": 124.535651, "fair_value": 89.045468, "relative_strength": -19.323801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.085023, "energy": 45.059828, "activity_lines": [ 100.335647, 100.17607, 106.310383, 113.631701 ] }, { "date": "2025-05-16", "close": 106.447671, "volume": 7520165, "typical_volume": 8443764.85, "trend": 122.828702, "fair_value": 89.434556, "relative_strength": -20.138224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.569925, "energy": 30.557902, "activity_lines": [ 103.038355, 101.119806, 105.721344, 112.464735 ] }, { "date": "2025-05-23", "close": 103.470391, "volume": 14271925, "typical_volume": 8947690.15, "trend": 121.370267, "fair_value": 89.783523, "relative_strength": -19.987312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.381857, "energy": 24.538083, "activity_lines": [ 103.84619, 101.553235, 104.936745, 111.215811 ] }, { "date": "2025-05-30", "close": 103.460467, "volume": 6421243, "typical_volume": 8998161.65, "trend": 119.994489, "fair_value": 90.139008, "relative_strength": -21.020476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.874064, "energy": 22.657065, "activity_lines": [ 103.966604, 101.991187, 104.252332, 110.06034 ] }, { "date": "2025-06-06", "close": 106.517141, "volume": 7094793, "typical_volume": 8968062.05, "trend": 118.355389, "fair_value": 90.530632, "relative_strength": -19.726985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.485284, "energy": 18.794525, "activity_lines": [ 104.830016, 103.01408, 103.948638, 109.190834 ] }, { "date": "2025-06-13", "close": 106.775172, "volume": 7653804, "typical_volume": 9099467.55, "trend": 116.886914, "fair_value": 90.959647, "relative_strength": -18.960603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.249132, "energy": 13.203667, "activity_lines": [ 105.580952, 104.03824, 103.799338, 108.443723 ] }, { "date": "2025-06-20", "close": 107.489719, "volume": 10380803, "typical_volume": 9141612.1, "trend": 115.280234, "fair_value": 91.371837, "relative_strength": -18.048635, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.66666, "energy": 12.241911, "activity_lines": [ 106.299469, 105.066033, 103.846208, 107.837453 ] }, { "date": "2025-06-27", "close": 113.434354, "volume": 8531930, "typical_volume": 9155937.5, "trend": 113.622088, "fair_value": 91.809464, "relative_strength": -16.224825, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.997927, "energy": 13.759347, "activity_lines": [ 108.930061, 106.9096, 104.587486, 107.718364 ] }, { "date": "2025-07-04", "close": 116.897922, "volume": 6883990, "typical_volume": 9086073.5, "trend": 112.443946, "fair_value": 92.262078, "relative_strength": -15.035432, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.98078, "energy": 27.178038, "activity_lines": [ 112.050911, 109.015169, 105.704556, 107.929708 ] }, { "date": "2025-07-11", "close": 120.113384, "volume": 9242150, "typical_volume": 8877570.3, "trend": 112.039848, "fair_value": 92.73549, "relative_strength": -12.25033, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.467746, "energy": 58.51014, "activity_lines": [ 115.347752, 111.385805, 107.153904, 108.42451 ] }, { "date": "2025-07-18", "close": 116.254799, "volume": 8523212, "typical_volume": 8814060.25, "trend": 111.783754, "fair_value": 93.171443, "relative_strength": -15.203497, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.306085, "energy": 55.091339, "activity_lines": [ 116.451982, 112.753543, 108.189233, 108.696443 ] }, { "date": "2025-07-25", "close": 122.360911, "volume": 8418917, "typical_volume": 8637053.8, "trend": 111.698267, "fair_value": 93.652035, "relative_strength": -11.587247, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.777218, "energy": 66.224792, "activity_lines": [ 118.959607, 114.985327, 109.77869, 109.37884 ] }, { "date": "2025-08-01", "close": 121.237148, "volume": 6813738, "typical_volume": 8542035.55, "trend": 111.582565, "fair_value": 94.132403, "relative_strength": -9.768167, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.839812, "energy": 61.946846, "activity_lines": [ 120.101231, 116.723458, 111.193468, 109.994252 ] }, { "date": "2025-08-08", "close": 125.085788, "volume": 5481518, "typical_volume": 8329110.05, "trend": 111.676163, "fair_value": 94.62515, "relative_strength": -8.815794, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.48381, "energy": 58.977496, "activity_lines": [ 122.00555, 118.83831, 112.891837, 110.865427 ] }, { "date": "2025-08-15", "close": 129.779737, "volume": 7709668, "typical_volume": 8362841.85, "trend": 111.54285, "fair_value": 95.165158, "relative_strength": -6.051819, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.6622, "energy": 76.833921, "activity_lines": [ 124.92866, 121.41342, 114.941914, 112.0334 ] }, { "date": "2025-08-22", "close": 138.401885, "volume": 12644938, "typical_volume": 8529610.2, "trend": 111.700241, "fair_value": 95.767478, "relative_strength": 0.346588, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.261676, "energy": 86.32978, "activity_lines": [ 130.081396, 125.133237, 117.690417, 113.766241 ] }, { "date": "2025-08-29", "close": 138.232824, "volume": 6167539, "typical_volume": 7940955.05, "trend": 111.827252, "fair_value": 96.382982, "relative_strength": 0.635241, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.132339, "energy": 89.840705, "activity_lines": [ 133.701306, 128.247284, 120.239143, 115.47802 ] }, { "date": "2025-09-05", "close": 146.556627, "volume": 8996545, "typical_volume": 8131327.7, "trend": 112.609821, "fair_value": 97.042394, "relative_strength": 6.623491, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.419009, "energy": 93.547391, "activity_lines": [ 139.03769, 132.315784, 123.364792, 117.718625 ] }, { "date": "2025-09-12", "close": 142.678152, "volume": 7761049, "typical_volume": 8135762.05, "trend": 113.286862, "fair_value": 97.68732, "relative_strength": 2.65301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.770891, "energy": 88.403886, "activity_lines": [ 141.393283, 135.076884, 125.867026, 119.658517 ] }, { "date": "2025-09-19", "close": 138.919015, "volume": 9759959, "typical_volume": 8292383.2, "trend": 114.23946, "fair_value": 98.315809, "relative_strength": -0.776154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.994685, "energy": 78.517907, "activity_lines": [ 141.323006, 136.685773, 127.804789, 121.312205 ] }, { "date": "2025-09-26", "close": 136.462648, "volume": 5987953, "typical_volume": 8313291.95, "trend": 115.104901, "fair_value": 98.931146, "relative_strength": -1.669218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.589871, "energy": 61.038552, "activity_lines": [ 139.824656, 137.506129, 129.34014, 122.745959 ] }, { "date": "2025-10-03", "close": 141.932292, "volume": 4693438, "typical_volume": 8171955.6, "trend": 116.230856, "fair_value": 99.564476, "relative_strength": 1.599997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.523641, "energy": 57.294262, "activity_lines": [ 140.278802, 138.953551, 131.235712, 124.476758 ] }, { "date": "2025-10-10", "close": 126.80624, "volume": 8156515, "typical_volume": 7866185.1, "trend": 116.997118, "fair_value": 100.121253, "relative_strength": -6.422466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.455812, "energy": 34.033875, "activity_lines": [ 135.4443, 137.294938, 131.521733, 125.159041 ] }, { "date": "2025-10-17", "close": 135.22611, "volume": 5571934, "typical_volume": 7823719.65, "trend": 118.002471, "fair_value": 100.729027, "relative_strength": -1.281661, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.21447, "energy": 27.69677, "activity_lines": [ 134.733113, 137.065954, 132.498523, 126.335105 ] }, { "date": "2025-10-24", "close": 137.42823, "volume": 4913533, "typical_volume": 7714656.65, "trend": 119.116531, "fair_value": 101.334539, "relative_strength": -1.077053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.875985, "energy": 27.664801, "activity_lines": [ 135.252769, 137.052986, 133.533774, 127.58838 ] }, { "date": "2025-10-31", "close": 134.46882, "volume": 6384141, "typical_volume": 7651173.5, "trend": 120.271173, "fair_value": 101.930883, "relative_strength": -3.351909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.955421, "energy": 21.441297, "activity_lines": [ 134.885341, 136.36288, 134.139981, 128.57885 ] }, { "date": "2025-11-07", "close": 133.302992, "volume": 4233963, "typical_volume": 7343831.5, "trend": 121.617573, "fair_value": 102.493884, "relative_strength": -2.008109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.197462, "energy": 22.927113, "activity_lines": [ 134.262226, 135.532316, 134.503282, 129.419613 ] }, { "date": "2025-11-14", "close": 129.875258, "volume": 3911547, "typical_volume": 7112812.35, "trend": 122.839792, "fair_value": 103.044032, "relative_strength": -4.051502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.284437, "energy": 13.08827, "activity_lines": [ 133.071819, 134.168161, 134.417212, 129.952366 ] }, { "date": "2025-11-21", "close": 131.160658, "volume": 6023622, "typical_volume": 7069793.95, "trend": 123.901079, "fair_value": 103.594355, "relative_strength": -0.582737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.260522, "energy": 13.134141, "activity_lines": [ 132.105278, 133.341012, 134.375271, 130.489196 ] }, { "date": "2025-11-28", "close": 139.33142, "volume": 3678321, "typical_volume": 6791602.5, "trend": 125.094131, "fair_value": 104.190416, "relative_strength": 2.537548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.834741, "energy": 15.847497, "activity_lines": [ 134.133354, 134.208865, 135.04358, 131.484702 ] }, { "date": "2025-12-05", "close": 138.444593, "volume": 5288158, "typical_volume": 6629849.8, "trend": 126.285079, "fair_value": 104.775645, "relative_strength": 2.052495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.065625, "energy": 22.292731, "activity_lines": [ 135.738942, 134.907979, 135.535915, 132.346023 ] }, { "date": "2025-12-12", "close": 138.653845, "volume": 10350726, "typical_volume": 6726440.25, "trend": 127.358618, "fair_value": 105.350861, "relative_strength": 2.977404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.447595, "energy": 26.891092, "activity_lines": [ 137.149229, 135.609103, 135.942513, 133.144007 ] }, { "date": "2025-12-19", "close": 139.291563, "volume": 8715693, "typical_volume": 6821538.0, "trend": 128.552657, "fair_value": 105.928615, "relative_strength": 3.401006, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.662937, "energy": 36.178091, "activity_lines": [ 138.415365, 136.485785, 136.33226, 133.913875 ] }, { "date": "2025-12-26", "close": 138.623952, "volume": 2483202, "typical_volume": 6671622.2, "trend": 129.724773, "fair_value": 106.507549, "relative_strength": 1.570912, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.924187, "energy": 36.123553, "activity_lines": [ 138.83121, 137.014076, 136.572452, 134.563636 ] }, { "date": "2026-01-02", "close": 135.096574, "volume": 2538038, "typical_volume": 6413040.7, "trend": 130.677421, "fair_value": 107.042818, "relative_strength": 0.170866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.598849, "energy": 25.732364, "activity_lines": [ 137.57371, 136.839247, 136.412236, 134.910204 ] }, { "date": "2026-01-09", "close": 145.110739, "volume": 6760637, "typical_volume": 6118825.65, "trend": 131.955273, "fair_value": 107.623474, "relative_strength": 5.948086, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.048774, "energy": 37.532746, "activity_lines": [ 139.936588, 138.527569, 137.180432, 135.841385 ] }, { "date": "2026-01-16", "close": 146.408332, "volume": 7751404, "typical_volume": 6198018.9, "trend": 133.25256, "fair_value": 108.214129, "relative_strength": 7.423015, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.887165, "energy": 46.844214, "activity_lines": [ 142.287587, 140.258328, 138.040261, 136.773841 ] }, { "date": "2026-01-23", "close": 144.651591, "volume": 4329621, "typical_volume": 5964672.7, "trend": 134.293135, "fair_value": 108.783995, "relative_strength": 6.639171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.833529, "energy": 48.742957, "activity_lines": [ 143.53604, 141.4314, 138.69385, 137.509262 ] }, { "date": "2026-01-30", "close": 144.222388, "volume": 5120594, "typical_volume": 5832649.95, "trend": 135.20395, "fair_value": 109.330248, "relative_strength": 6.083694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.037262, "energy": 56.633233, "activity_lines": [ 144.28409, 142.257775, 139.315635, 138.149859 ] }, { "date": "2026-02-06", "close": 152.996108, "volume": 7470647, "typical_volume": 5718184.35, "trend": 136.300041, "fair_value": 109.945073, "relative_strength": 12.600011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.933025, "energy": 64.931814, "activity_lines": [ 147.583485, 144.441886, 140.765658, 139.29774 ] }, { "date": "2026-02-13", "close": 165.812327, "volume": 6009035, "typical_volume": 5719238.45, "trend": 137.951959, "fair_value": 110.651768, "relative_strength": 23.136606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.645264, "energy": 79.009344, "activity_lines": [ 153.96165, 148.707769, 143.36924, 141.201759 ] }, { "date": "2026-02-20", "close": 161.699957, "volume": 7161504, "typical_volume": 5842641.75, "trend": 139.26326, "fair_value": 111.325065, "relative_strength": 18.187253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.4505, "energy": 80.1822, "activity_lines": [ 157.588919, 151.728354, 145.441407, 142.733888 ] }, { "date": "2026-02-27", "close": 156.948773, "volume": 5109709, "typical_volume": 5690301.45, "trend": 140.453648, "fair_value": 111.956758, "relative_strength": 14.837537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.193781, "energy": 76.636095, "activity_lines": [ 158.613019, 153.466066, 146.966949, 143.874888 ] }, { "date": "2026-03-06", "close": 147.40648, "volume": 5243784, "typical_volume": 5673893.95, "trend": 141.197671, "fair_value": 112.544408, "relative_strength": 9.729025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.012785, "energy": 57.818879, "activity_lines": [ 155.636542, 153.147776, 147.440165, 144.323458 ] }, { "date": "2026-03-13", "close": 136.436834, "volume": 6948239, "typical_volume": 5775629.25, "trend": 141.419574, "fair_value": 113.059872, "relative_strength": 2.918547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.249623, "energy": 15.95314, "activity_lines": [ 148.791243, 150.675323, 146.810651, 144.016307 ] }, { "date": "2026-03-20", "close": 131.755521, "volume": 7892221, "typical_volume": 5851033.25, "trend": 141.198029, "fair_value": 113.540657, "relative_strength": 1.066814, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.638053, "energy": 18.660215, "activity_lines": [ 141.489459, 147.327354, 145.740018, 143.39282 ] }, { "date": "2026-03-27", "close": 130.877151, "volume": 7383179, "typical_volume": 6008494.05, "trend": 140.95284, "fair_value": 114.005785, "relative_strength": 2.518092, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.449162, "energy": 36.818114, "activity_lines": [ 136.165338, 144.062503, 144.598652, 142.726957 ] }, { "date": "2026-04-03", "close": 135.578427, "volume": 5358316, "typical_volume": 6080832.5, "trend": 140.5869, "fair_value": 114.513646, "relative_strength": 2.612725, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.092401, "energy": 35.108907, "activity_lines": [ 134.463163, 141.934814, 143.916578, 142.380221 ] }, { "date": "2026-04-10", "close": 140.12, "volume": 5339751, "typical_volume": 6046638.95, "trend": 140.501628, "fair_value": 115.036807, "relative_strength": 2.06746, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.557475, "energy": 33.761046, "activity_lines": [ 135.699536, 140.797833, 143.639877, 142.350098 ] }, { "date": "2026-04-17", "close": 146.68, "volume": 5345713, "typical_volume": 6130008.55, "trend": 140.760327, "fair_value": 115.590645, "relative_strength": 1.963467, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.097231, "energy": 12.854103, "activity_lines": [ 139.60834, 140.928168, 143.945275, 142.748703 ] }, { "date": "2026-04-24", "close": 146.64, "volume": 4211339, "typical_volume": 6076167.6, "trend": 141.099572, "fair_value": 116.131228, "relative_strength": 1.17267, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.95935, "energy": 16.058938, "activity_lines": [ 142.820934, 141.166069, 144.211869, 143.128037 ] }, { "date": "2026-05-01", "close": 139.84, "volume": 4229052, "typical_volume": 5770083.9, "trend": 141.029829, "fair_value": 116.630908, "relative_strength": -4.50106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.030941, "energy": 10.23938, "activity_lines": [ 142.774562, 140.516193, 143.791819, 143.046774 ] }, { "date": "2026-05-08", "close": 137.89, "volume": 4886576, "typical_volume": 5578628.05, "trend": 141.399288, "fair_value": 117.113525, "relative_strength": -8.023921, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.228205, "energy": 7.011917, "activity_lines": [ 141.480667, 139.909226, 143.180406, 142.844204 ] }, { "date": "2026-05-15", "close": 126.22, "volume": 5001866, "typical_volume": 5704561.25, "trend": 141.099084, "fair_value": 117.507899, "relative_strength": -15.901573, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.248191, "energy": 33.100432, "activity_lines": [ 136.142667, 137.526964, 141.464238, 141.864895 ] }, { "date": "2026-05-22", "close": 134.33, "volume": 7584895, "typical_volume": 5956904.1, "trend": 140.99581, "fair_value": 117.94376, "relative_strength": -11.26986, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.581252, "energy": 40.052592, "activity_lines": [ 134.434667, 137.004456, 140.579518, 141.42818 ] }, { "date": "2026-05-29", "close": 138.54, "volume": 4480080, "typical_volume": 5842876.25, "trend": 141.131516, "fair_value": 118.385921, "relative_strength": -9.847999, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.474979, "energy": 36.74093, "activity_lines": [ 134.953333, 137.285709, 140.099401, 141.269741 ] }, { "date": "2026-06-05", "close": 137.670557, "volume": 4799912, "typical_volume": 5695301.65, "trend": 141.277102, "fair_value": 118.804136, "relative_strength": -8.173874, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -52.543144, "energy": 42.195464, "activity_lines": [ 135.722186, 137.285527, 139.567769, 141.046453 ] }, { "date": "2026-06-12", "close": 146.844601, "volume": 5330793, "typical_volume": 5745360.25, "trend": 141.842746, "fair_value": 119.286158, "relative_strength": -2.766376, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.580396, "energy": 11.035991, "activity_lines": [ 139.693682, 138.829837, 139.951464, 141.405647 ] }, { "date": "2026-06-19", "close": 155.399722, "volume": 6486187, "typical_volume": 5813639.9, "trend": 142.650715, "fair_value": 119.806709, "relative_strength": 1.709165, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.757833, "energy": 27.386016, "activity_lines": [ 145.919912, 141.724783, 141.139489, 142.28029 ] }, { "date": "2026-06-26", "close": 163.855016, "volume": 6993863, "typical_volume": 5789800.7, "trend": 143.468168, "fair_value": 120.362898, "relative_strength": 9.460796, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 50.416194, "energy": 57.926806, "activity_lines": [ 153.019259, 145.879243, 143.079555, 143.64831 ] }, { "date": "2026-07-03", "close": 156.867169, "volume": 4025221, "typical_volume": 5690610.0, "trend": 144.082254, "fair_value": 120.887099, "relative_strength": 2.363704, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.016452, "energy": 66.338334, "activity_lines": [ 155.820989, 148.450912, 144.302403, 144.512761 ] }, { "date": "2026-07-10", "close": 149.49, "volume": 4787006, "typical_volume": 5571885.1, "trend": 144.443459, "fair_value": 121.32196, "relative_strength": -3.793841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.420624, "energy": 66.498831, "activity_lines": [ 154.941851, 149.495329, 144.865259, 144.861648 ] }, { "date": "2026-07-17", "close": 150.76, "volume": 5002991, "typical_volume": 5566549.2, "trend": 144.825741, "fair_value": 121.795043, "relative_strength": -1.597361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.026884, "energy": 53.914644, "activity_lines": [ 153.698084, 150.595201, 145.60721, 145.269167 ] }, { "date": "2026-07-24", "close": 149.87, "volume": 4519999, "typical_volume": 5530359.95, "trend": 145.200609, "fair_value": 122.253083, "relative_strength": -1.680324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.711818, "energy": 30.160595, "activity_lines": [ 151.896624, 151.299254, 146.29387, 145.594603 ] }, { "date": "2026-07-31", "close": 145.89, "volume": 4115833, "typical_volume": 5388739.65, "trend": 145.56039, "fair_value": 122.690749, "relative_strength": -5.312637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.622921, "energy": 17.507865, "activity_lines": [ 149.137145, 150.849671, 146.589751, 145.63908 ] }, { "date": "2026-08-07", "close": 155.09, "volume": 3325462, "typical_volume": 5160401.7, "trend": 145.893032, "fair_value": 123.186888, "relative_strength": -2.774907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.511318, "energy": 21.951729, "activity_lines": [ 150.642, 151.862633, 147.716807, 146.253893 ] } ], "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." } } }