{ "ticker": { "uuid": "6b4424cb-de49-420b-8aaf-a4562d0d7f6d", "symbol": "TCH-F85", "name": "Meitav Tachlit Mutual Funds Ltd. - Tachlit SAL (40) TA Growth", "exchange": "TLV", "country": "IL", "assetType": "etf" }, "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": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -65.617, "architecture_energy": 67.081, "architecture_maturity": 97.0, "architecture_confidence": 94.241, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.73, "rotation_up": 29.99, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 53.05, "downward_expansion": 83.0 }, "activity_lines": [ 18.845333, 18.969455, 455.69581, 848.378323 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 18.57, "trend_reference": 1304.976, "distance_from_trend": -0.98577, "trend_direction": "Weakening", "fair_value": 1474.219744, "distance_from_fair_value": -0.987404, "fair_value_direction": "Weakening", "relative_strength": -98.955951, "relative_strength_direction": "Weakening", "price_momentum": -0.990729, "excess_performance": -1.019629, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.98577, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.331114, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.987404, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.360488, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.98956, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.813101, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.990729, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.005902, "read": "Supply-led" } ], "volume": { "latest": 5559, "relative_activity": 0.198066, "balance": 0.005902, "dry_up": 0.240617, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 8.727393, "annualized_volatility": 6.320272, "from_high_reference": -0.991355, "from_low_reference": 0.008143 }, "levels": { "trend_reference": 1304.976, "fair_value_reference": 1474.219744, "structural_low": 18.42, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": 0.000829, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00965, "regime_survival": 0.8, "best_return": 0.153634, "worst_return": -0.124881, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.018145, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.064116, "regime_survival": 0.571429, "best_return": 0.229941, "worst_return": -0.148515, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.060498, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.050168, "regime_survival": 0.6, "best_return": 0.273674, "worst_return": -0.133065, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.17855, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.146258, "regime_survival": 0.333333, "best_return": 0.407045, "worst_return": -0.213713, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-07-05", "tenure": "New", "return": -0.00613, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": 0.016717, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-10-04", "tenure": "Developing", "return": 0.059922, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": 0.055597, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-03-14", "tenure": "Established", "return": 0.157858, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-05-09", "tenure": "Developing", "return": 0.03255, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-09-19", "tenure": "Established", "return": 0.054069, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": 0.079978, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.014004, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": 0.042254, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-02-20", "tenure": "Developing", "return": -0.044571, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.075936, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.049575, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": -0.118234, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1162.0, "volume": 170, "typical_volume": 6108.65, "trend": 1141.5, "fair_value": 1487.564103, "relative_strength": -4.223343, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.779497, "energy": 43.570419, "activity_lines": [ 1170.333333, 1167.636364, 1149.204762, 1139.765591 ] }, { "date": "2023-08-25", "close": 1148.0, "volume": 4831, "typical_volume": 6036.9, "trend": 1139.366667, "fair_value": 1486.865385, "relative_strength": -5.612231, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.704044, "energy": 36.727401, "activity_lines": [ 1161.6, 1165.090909, 1150.795238, 1140.184946 ] }, { "date": "2023-09-01", "close": 1152.0, "volume": 14620, "typical_volume": 6443.9, "trend": 1136.666667, "fair_value": 1486.064103, "relative_strength": -5.327784, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.9888, "energy": 27.114843, "activity_lines": [ 1157.6, 1163.054545, 1152.385714, 1141.0 ] }, { "date": "2023-09-08", "close": 1143.0, "volume": 2094, "typical_volume": 6486.25, "trend": 1134.6, "fair_value": 1484.897436, "relative_strength": -4.751994, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.745972, "energy": 28.120218, "activity_lines": [ 1151.4, 1159.309091, 1152.814286, 1141.408602 ] }, { "date": "2023-09-15", "close": 1156.0, "volume": 7133, "typical_volume": 6038.3, "trend": 1132.5, "fair_value": 1483.852564, "relative_strength": -4.289044, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.000371, "energy": 26.765982, "activity_lines": [ 1151.066667, 1157.981818, 1154.290476, 1142.789247 ] }, { "date": "2023-09-22", "close": 1152.0, "volume": 3253, "typical_volume": 6185.95, "trend": 1131.366667, "fair_value": 1482.942308, "relative_strength": -5.097382, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.580504, "energy": 21.313937, "activity_lines": [ 1151.0, 1155.909091, 1155.071429, 1144.047312 ] }, { "date": "2023-09-29", "close": 1155.0, "volume": 63300, "typical_volume": 9291.7, "trend": 1131.0, "fair_value": 1482.070513, "relative_strength": -3.702614, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.871317, "energy": 14.652808, "activity_lines": [ 1152.6, 1154.6, 1155.82381, 1145.572043 ] }, { "date": "2023-10-06", "close": 1159.0, "volume": 3454, "typical_volume": 9391.4, "trend": 1132.2, "fair_value": 1481.339744, "relative_strength": -2.323355, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.486507, "energy": 21.570488, "activity_lines": [ 1155.066667, 1154.818182, 1156.719048, 1147.378495 ] }, { "date": "2023-10-13", "close": 1078.0, "volume": 12043, "typical_volume": 9586.95, "trend": 1131.466667, "fair_value": 1479.621795, "relative_strength": -2.588858, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -43.098195, "energy": 36.574197, "activity_lines": [ 1130.066667, 1140.4, 1149.719048, 1143.88172 ] }, { "date": "2023-10-20", "close": 1048.0, "volume": 52821, "typical_volume": 12198.0, "trend": 1129.466667, "fair_value": 1477.583333, "relative_strength": -2.546154, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.809785, "energy": 77.284027, "activity_lines": [ 1099.4, 1122.127273, 1140.080952, 1138.496774 ] }, { "date": "2023-10-27", "close": 1009.0, "volume": 6713, "typical_volume": 12299.1, "trend": 1127.533333, "fair_value": 1475.205128, "relative_strength": -2.168675, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.235524, "energy": 87.887029, "activity_lines": [ 1062.933333, 1099.163636, 1127.019048, 1130.724731 ] }, { "date": "2023-11-03", "close": 1027.0, "volume": 34736, "typical_volume": 13974.65, "trend": 1126.166667, "fair_value": 1472.852564, "relative_strength": -4.912428, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.765402, "energy": 93.209512, "activity_lines": [ 1042.0, 1082.254545, 1116.161905, 1124.23871 ] }, { "date": "2023-11-10", "close": 1022.0, "volume": 12990, "typical_volume": 14252.4, "trend": 1123.966667, "fair_value": 1470.647436, "relative_strength": -6.124275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.838961, "energy": 90.793763, "activity_lines": [ 1027.933333, 1066.636364, 1105.347619, 1117.51828 ] }, { "date": "2023-11-17", "close": 1037.0, "volume": 8683, "typical_volume": 14432.1, "trend": 1121.766667, "fair_value": 1468.314103, "relative_strength": -5.458838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.536164, "energy": 88.752812, "activity_lines": [ 1028.0, 1056.109091, 1096.561905, 1111.907527 ] }, { "date": "2023-11-24", "close": 1056.0, "volume": 5350, "typical_volume": 14480.95, "trend": 1120.633333, "fair_value": 1465.897436, "relative_strength": -7.577693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.532077, "energy": 66.756248, "activity_lines": [ 1037.133333, 1050.963636, 1090.104762, 1107.664516 ] }, { "date": "2023-12-01", "close": 1064.0, "volume": 38571, "typical_volume": 16190.6, "trend": 1119.9, "fair_value": 1463.397436, "relative_strength": -5.40073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.060902, "energy": 61.30956, "activity_lines": [ 1048.4, 1049.090909, 1084.880952, 1104.010753 ] }, { "date": "2023-12-08", "close": 1087.0, "volume": 79935, "typical_volume": 19973.65, "trend": 1119.3, "fair_value": 1460.692308, "relative_strength": -4.642045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.204122, "energy": 37.955817, "activity_lines": [ 1063.666667, 1053.0, 1082.32381, 1101.888172 ] }, { "date": "2023-12-15", "close": 1089.0, "volume": 126815, "typical_volume": 25723.85, "trend": 1118.233333, "fair_value": 1458.032051, "relative_strength": -5.343163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.794856, "energy": 33.274439, "activity_lines": [ 1075.6, 1058.509091, 1080.490476, 1099.933333 ] }, { "date": "2023-12-22", "close": 1170.0, "volume": 109321, "typical_volume": 30242.3, "trend": 1119.766667, "fair_value": 1455.538462, "relative_strength": 0.221773, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 10.35014, "energy": 30.030364, "activity_lines": [ 1110.066667, 1080.018182, 1086.728571, 1103.273118 ] }, { "date": "2023-12-29", "close": 1162.0, "volume": 10533, "typical_volume": 29868.3, "trend": 1121.533333, "fair_value": 1452.833333, "relative_strength": -0.591349, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.620383, "energy": 46.599955, "activity_lines": [ 1133.0, 1098.4, 1092.185714, 1105.997849 ] }, { "date": "2024-01-05", "close": 1254.0, "volume": 175438, "typical_volume": 38631.7, "trend": 1126.266667, "fair_value": 1450.916667, "relative_strength": 5.942699, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.53716, "energy": 59.846304, "activity_lines": [ 1179.533333, 1131.436364, 1106.490476, 1114.544086 ] }, { "date": "2024-01-12", "close": 1242.0, "volume": 123658, "typical_volume": 44573.05, "trend": 1129.8, "fair_value": 1448.673077, "relative_strength": 5.632564, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.262396, "energy": 81.814774, "activity_lines": [ 1209.4, 1157.836364, 1119.214286, 1122.010753 ] }, { "date": "2024-01-19", "close": 1246.0, "volume": 14571, "typical_volume": 44570.6, "trend": 1133.066667, "fair_value": 1446.160256, "relative_strength": 7.20227, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.332416, "energy": 83.061059, "activity_lines": [ 1230.266667, 1181.054545, 1131.871429, 1129.507527 ] }, { "date": "2024-01-26", "close": 1224.0, "volume": 31310, "typical_volume": 46031.4, "trend": 1135.666667, "fair_value": 1443.24359, "relative_strength": 6.017356, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.457188, "energy": 79.194721, "activity_lines": [ 1233.333333, 1196.2, 1141.985714, 1135.374194 ] }, { "date": "2024-02-02", "close": 1254.0, "volume": 111851, "typical_volume": 51267.3, "trend": 1138.966667, "fair_value": 1440.628205, "relative_strength": 9.126891, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.94602, "energy": 90.190298, "activity_lines": [ 1242.8, 1213.4, 1154.571429, 1143.008602 ] }, { "date": "2024-02-09", "close": 1257.0, "volume": 131018, "typical_volume": 57655.55, "trend": 1142.066667, "fair_value": 1438.173077, "relative_strength": 8.534897, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.995894, "energy": 70.629344, "activity_lines": [ 1247.133333, 1227.545455, 1166.97619, 1150.623656 ] }, { "date": "2024-02-16", "close": 1285.0, "volume": 88770, "typical_volume": 58929.05, "trend": 1144.933333, "fair_value": 1435.628205, "relative_strength": 9.046852, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.493636, "energy": 71.360776, "activity_lines": [ 1260.6, 1243.272727, 1181.547619, 1159.845161 ] }, { "date": "2024-02-23", "close": 1312.0, "volume": 182743, "typical_volume": 67893.5, "trend": 1149.866667, "fair_value": 1432.948718, "relative_strength": 8.22716, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.981979, "energy": 73.685945, "activity_lines": [ 1280.2, 1260.309091, 1198.071429, 1170.623656 ] }, { "date": "2024-03-01", "close": 1332.0, "volume": 62234, "typical_volume": 70403.05, "trend": 1155.4, "fair_value": 1430.621795, "relative_strength": 7.917652, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.051981, "energy": 83.705307, "activity_lines": [ 1302.066667, 1276.927273, 1215.771429, 1182.374194 ] }, { "date": "2024-03-08", "close": 1338.0, "volume": 130206, "typical_volume": 74272.3, "trend": 1160.666667, "fair_value": 1428.442308, "relative_strength": 8.674528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.457308, "energy": 90.795442, "activity_lines": [ 1318.733333, 1291.690909, 1232.833333, 1194.154839 ] }, { "date": "2024-03-15", "close": 1341.0, "volume": 75365, "typical_volume": 77704.9, "trend": 1166.633333, "fair_value": 1426.544872, "relative_strength": 11.841074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.14064, "energy": 87.580014, "activity_lines": [ 1330.8, 1303.8, 1248.8, 1205.789247 ] }, { "date": "2024-03-22", "close": 1372.0, "volume": 24823, "typical_volume": 77209.25, "trend": 1174.1, "fair_value": 1424.801282, "relative_strength": 8.663583, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.524086, "energy": 93.246915, "activity_lines": [ 1347.6, 1319.963636, 1266.138095, 1219.03871 ] }, { "date": "2024-03-29", "close": 1370.0, "volume": 17154, "typical_volume": 77417.45, "trend": 1181.366667, "fair_value": 1423.00641, "relative_strength": 7.466032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.930416, "energy": 87.508553, "activity_lines": [ 1357.933333, 1333.4, 1281.642857, 1231.677419 ] }, { "date": "2024-04-05", "close": 1370.0, "volume": 25997, "typical_volume": 78283.15, "trend": 1188.933333, "fair_value": 1421.262821, "relative_strength": 9.852272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.186002, "energy": 88.293326, "activity_lines": [ 1364.4, 1344.581818, 1295.490476, 1243.847312 ] }, { "date": "2024-04-12", "close": 1347.0, "volume": 74214, "typical_volume": 81726.35, "trend": 1195.3, "fair_value": 1419.134615, "relative_strength": 8.447439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.84014, "energy": 67.15606, "activity_lines": [ 1360.666667, 1348.927273, 1305.561905, 1254.045161 ] }, { "date": "2024-04-19", "close": 1312.0, "volume": 26323, "typical_volume": 81113.95, "trend": 1200.633333, "fair_value": 1416.551282, "relative_strength": 6.598863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.162062, "energy": 58.308504, "activity_lines": [ 1344.666667, 1345.218182, 1310.914286, 1261.574194 ] }, { "date": "2024-04-26", "close": 1334.0, "volume": 3226, "typical_volume": 77278.5, "trend": 1206.6, "fair_value": 1414.012821, "relative_strength": 7.51142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.811407, "energy": 51.201918, "activity_lines": [ 1337.933333, 1344.509091, 1317.180952, 1270.178495 ] }, { "date": "2024-05-03", "close": 1355.0, "volume": 62042, "typical_volume": 74039.85, "trend": 1213.133333, "fair_value": 1411.525641, "relative_strength": 8.121893, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.866073, "energy": 47.275806, "activity_lines": [ 1340.733333, 1346.727273, 1324.271429, 1279.752688 ] }, { "date": "2024-05-10", "close": 1374.0, "volume": 12403, "typical_volume": 69193.95, "trend": 1223.0, "fair_value": 1408.923077, "relative_strength": 5.923298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.762684, "energy": 52.880636, "activity_lines": [ 1350.866667, 1351.618182, 1331.904762, 1290.131183 ] }, { "date": "2024-05-17", "close": 1351.0, "volume": 6067, "typical_volume": 68970.65, "trend": 1233.1, "fair_value": 1405.935897, "relative_strength": 5.067413, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.903917, "energy": 52.189763, "activity_lines": [ 1353.066667, 1351.563636, 1336.37619, 1298.389247 ] }, { "date": "2024-05-24", "close": 1345.0, "volume": 32661, "typical_volume": 61831.8, "trend": 1244.3, "fair_value": 1403.346154, "relative_strength": 5.131061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.62847, "energy": 51.319123, "activity_lines": [ 1353.0, 1350.181818, 1339.37619, 1305.608602 ] }, { "date": "2024-05-31", "close": 1368.0, "volume": 49774, "typical_volume": 58137.6, "trend": 1255.666667, "fair_value": 1400.551282, "relative_strength": 5.076371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.467608, "energy": 53.901783, "activity_lines": [ 1358.4, 1352.909091, 1344.133333, 1313.589247 ] }, { "date": "2024-06-07", "close": 1308.0, "volume": 81065, "typical_volume": 61462.3, "trend": 1265.2, "fair_value": 1397.288462, "relative_strength": 2.141029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.293621, "energy": 23.929199, "activity_lines": [ 1341.533333, 1344.8, 1342.57619, 1316.965591 ] }, { "date": "2024-06-14", "close": 1305.0, "volume": 13017, "typical_volume": 60547.65, "trend": 1274.133333, "fair_value": 1393.942308, "relative_strength": 0.713967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.515838, "energy": 11.985906, "activity_lines": [ 1326.8, 1337.272727, 1340.438095, 1319.533333 ] }, { "date": "2024-06-21", "close": 1264.0, "volume": 227974, "typical_volume": 66353.8, "trend": 1281.066667, "fair_value": 1390.294872, "relative_strength": -1.530765, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -21.754795, "energy": 31.079767, "activity_lines": [ 1303.0, 1323.472727, 1334.009524, 1318.87957 ] }, { "date": "2024-06-28", "close": 1281.0, "volume": 30459, "typical_volume": 61325.85, "trend": 1288.3, "fair_value": 1386.673077, "relative_strength": -0.579192, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.502036, "energy": 36.364112, "activity_lines": [ 1290.666667, 1314.272727, 1329.152381, 1318.875269 ] }, { "date": "2024-07-05", "close": 1297.0, "volume": 84965, "typical_volume": 61135.6, "trend": 1295.3, "fair_value": 1383.480769, "relative_strength": -1.345664, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.417985, "energy": 53.363932, "activity_lines": [ 1287.933333, 1308.545455, 1325.704762, 1319.436559 ] }, { "date": "2024-07-12", "close": 1316.0, "volume": 15345, "typical_volume": 52765.7, "trend": 1302.866667, "fair_value": 1380.339744, "relative_strength": -2.412217, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.524939, "energy": 44.197243, "activity_lines": [ 1296.266667, 1306.945455, 1324.009524, 1320.772043 ] }, { "date": "2024-07-19", "close": 1325.0, "volume": 67078, "typical_volume": 53007.9, "trend": 1308.033333, "fair_value": 1377.480769, "relative_strength": -0.547301, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.020413, "energy": 14.36293, "activity_lines": [ 1307.066667, 1307.690909, 1323.152381, 1322.2 ] }, { "date": "2024-07-26", "close": 1338.0, "volume": 49316, "typical_volume": 48963.4, "trend": 1313.9, "fair_value": 1374.788462, "relative_strength": 0.240714, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 9.960336, "energy": 14.36668, "activity_lines": [ 1320.866667, 1311.690909, 1323.566667, 1324.133333 ] }, { "date": "2024-08-02", "close": 1285.0, "volume": 20299, "typical_volume": 46210.1, "trend": 1314.933333, "fair_value": 1371.910256, "relative_strength": -0.732439, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.311955, "energy": 15.676335, "activity_lines": [ 1312.066667, 1306.290909, 1318.933333, 1322.268817 ] }, { "date": "2024-08-09", "close": 1279.0, "volume": 61809, "typical_volume": 48059.4, "trend": 1316.166667, "fair_value": 1369.00641, "relative_strength": -2.336897, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.6684, "energy": 16.091508, "activity_lines": [ 1301.0, 1300.890909, 1313.995238, 1319.950538 ] }, { "date": "2024-08-16", "close": 1292.0, "volume": 38295, "typical_volume": 49116.45, "trend": 1317.7, "fair_value": 1366.50641, "relative_strength": -3.686413, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.686378, "energy": 27.212454, "activity_lines": [ 1295.466667, 1299.472727, 1310.738095, 1318.391398 ] }, { "date": "2024-08-23", "close": 1315.0, "volume": 24530, "typical_volume": 49043.1, "trend": 1320.733333, "fair_value": 1364.160256, "relative_strength": -1.834216, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.531055, "energy": 36.294475, "activity_lines": [ 1299.2, 1302.527273, 1310.042857, 1318.217204 ] }, { "date": "2024-08-30", "close": 1318.0, "volume": 5983, "typical_volume": 45631.55, "trend": 1322.866667, "fair_value": 1362.115385, "relative_strength": -3.594994, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.237099, "energy": 23.801463, "activity_lines": [ 1304.6, 1305.945455, 1309.895238, 1318.04086 ] }, { "date": "2024-09-06", "close": 1309.0, "volume": 71821, "typical_volume": 47906.45, "trend": 1324.6, "fair_value": 1359.685897, "relative_strength": -3.29256, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.563384, "energy": 16.05425, "activity_lines": [ 1308.333333, 1306.745455, 1309.028571, 1317.146237 ] }, { "date": "2024-09-13", "close": 1324.0, "volume": 12216, "typical_volume": 48355.95, "trend": 1325.9, "fair_value": 1357.301282, "relative_strength": -1.404681, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.379191, "energy": 12.615987, "activity_lines": [ 1315.466667, 1309.763636, 1309.604762, 1317.107527 ] }, { "date": "2024-09-20", "close": 1308.0, "volume": 11086, "typical_volume": 45808.15, "trend": 1325.766667, "fair_value": 1354.948718, "relative_strength": 0.475178, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.035947, "energy": 12.890362, "activity_lines": [ 1314.266667, 1309.381818, 1308.704762, 1315.952688 ] }, { "date": "2024-09-27", "close": 1342.0, "volume": 23686, "typical_volume": 46372.3, "trend": 1326.1, "fair_value": 1352.737179, "relative_strength": -2.184563, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.486453, "energy": 10.725904, "activity_lines": [ 1323.333333, 1315.327273, 1311.266667, 1317.0 ] }, { "date": "2024-10-04", "close": 1362.0, "volume": 6371, "typical_volume": 46387.5, "trend": 1326.9, "fair_value": 1350.641026, "relative_strength": -0.669701, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.940239, "energy": 41.338747, "activity_lines": [ 1337.266667, 1324.6, 1315.885714, 1319.316129 ] }, { "date": "2024-10-11", "close": 1349.0, "volume": 1645, "typical_volume": 44836.7, "trend": 1327.166667, "fair_value": 1348.589744, "relative_strength": -1.664865, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.840409, "energy": 46.862157, "activity_lines": [ 1343.933333, 1331.072727, 1319.214286, 1320.741935 ] }, { "date": "2024-10-18", "close": 1367.0, "volume": 225, "typical_volume": 42359.25, "trend": 1327.0, "fair_value": 1346.775641, "relative_strength": -2.425948, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.375087, "energy": 62.147454, "activity_lines": [ 1353.933333, 1339.654545, 1324.238095, 1323.311828 ] }, { "date": "2024-10-25", "close": 1398.0, "volume": 1017, "typical_volume": 38356.85, "trend": 1327.933333, "fair_value": 1344.891026, "relative_strength": -1.109726, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.350108, "energy": 72.839346, "activity_lines": [ 1371.4, 1352.272727, 1332.219048, 1327.892473 ] }, { "date": "2024-11-01", "close": 1424.0, "volume": 2779, "typical_volume": 37844.95, "trend": 1329.733333, "fair_value": 1343.102564, "relative_strength": -1.597443, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.690252, "energy": 92.92967, "activity_lines": [ 1391.533333, 1367.690909, 1342.247619, 1334.090323 ] }, { "date": "2024-11-08", "close": 1438.0, "volume": 37230, "typical_volume": 28307.75, "trend": 1332.766667, "fair_value": 1341.269231, "relative_strength": -1.919409, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.788597, "energy": 96.065852, "activity_lines": [ 1410.866667, 1383.672727, 1353.042857, 1341.075269 ] }, { "date": "2024-11-15", "close": 1441.0, "volume": 8551, "typical_volume": 27212.35, "trend": 1337.066667, "fair_value": 1339.217949, "relative_strength": -3.438436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.955192, "energy": 94.057228, "activity_lines": [ 1426.133333, 1398.018182, 1363.295238, 1348.058065 ] }, { "date": "2024-11-22", "close": 1452.0, "volume": 68467, "typical_volume": 26387.45, "trend": 1341.0, "fair_value": 1337.346154, "relative_strength": -2.485991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.507414, "energy": 94.027236, "activity_lines": [ 1438.933333, 1411.963636, 1373.833333, 1355.473118 ] }, { "date": "2024-11-29", "close": 1471.0, "volume": 16626, "typical_volume": 26451.5, "trend": 1344.866667, "fair_value": 1335.801282, "relative_strength": -1.424431, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.392888, "energy": 95.303051, "activity_lines": [ 1452.4, 1427.036364, 1385.442857, 1363.860215 ] }, { "date": "2024-12-06", "close": 1542.0, "volume": 7534, "typical_volume": 23474.3, "trend": 1350.466667, "fair_value": 1334.75641, "relative_strength": 0.427495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.000593, "energy": 98.789802, "activity_lines": [ 1484.666667, 1452.054545, 1403.07619, 1376.578495 ] }, { "date": "2024-12-13", "close": 1572.0, "volume": 14597, "typical_volume": 21738.35, "trend": 1357.833333, "fair_value": 1334.141026, "relative_strength": 1.693174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.175879, "energy": 98.665614, "activity_lines": [ 1519.066667, 1478.890909, 1422.533333, 1390.870968 ] }, { "date": "2024-12-20", "close": 1555.0, "volume": 6028, "typical_volume": 21024.8, "trend": 1364.833333, "fair_value": 1333.314103, "relative_strength": -0.844513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.073551, "energy": 93.451416, "activity_lines": [ 1538.866667, 1498.818182, 1439.257143, 1403.591398 ] }, { "date": "2024-12-27", "close": 1573.0, "volume": 6576, "typical_volume": 18263.15, "trend": 1371.666667, "fair_value": 1332.538462, "relative_strength": -0.443956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.420611, "energy": 94.015779, "activity_lines": [ 1557.066667, 1518.272727, 1456.409524, 1417.021505 ] }, { "date": "2025-01-03", "close": 1647.0, "volume": 73058, "typical_volume": 20001.3, "trend": 1382.966667, "fair_value": 1332.282051, "relative_strength": 2.707821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.942405, "energy": 98.589124, "activity_lines": [ 1591.866667, 1547.436364, 1479.209524, 1434.784946 ] }, { "date": "2025-01-10", "close": 1686.0, "volume": 73470, "typical_volume": 22448.3, "trend": 1395.666667, "fair_value": 1332.038462, "relative_strength": 3.53408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.400433, "energy": 95.47101, "activity_lines": [ 1627.933333, 1579.163636, 1504.033333, 1454.335484 ] }, { "date": "2025-01-17", "close": 1698.0, "volume": 43417, "typical_volume": 24320.0, "trend": 1410.133333, "fair_value": 1331.49359, "relative_strength": 1.181971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.071416, "energy": 94.090857, "activity_lines": [ 1658.4, 1608.309091, 1528.233333, 1473.84086 ] }, { "date": "2025-01-24", "close": 1725.0, "volume": 21945, "typical_volume": 21826.2, "trend": 1424.933333, "fair_value": 1331.179487, "relative_strength": 3.059587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.598141, "energy": 92.284589, "activity_lines": [ 1689.466667, 1637.636364, 1553.195238, 1494.154839 ] }, { "date": "2025-01-31", "close": 1691.0, "volume": 19599, "typical_volume": 22195.35, "trend": 1438.066667, "fair_value": 1330.724359, "relative_strength": 3.874517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.62871, "energy": 70.029603, "activity_lines": [ 1697.866667, 1655.618182, 1572.938095, 1511.32043 ] }, { "date": "2025-02-07", "close": 1740.0, "volume": 60705, "typical_volume": 24676.3, "trend": 1452.2, "fair_value": 1331.134615, "relative_strength": 4.326462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.046322, "energy": 73.868423, "activity_lines": [ 1714.733333, 1678.163636, 1595.6, 1530.8 ] }, { "date": "2025-02-14", "close": 1730.0, "volume": 58789, "typical_volume": 26431.45, "trend": 1465.7, "fair_value": 1331.147436, "relative_strength": 4.087384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.162319, "energy": 70.144673, "activity_lines": [ 1722.066667, 1694.0, 1615.252381, 1548.722581 ] }, { "date": "2025-02-21", "close": 1745.0, "volume": 40985, "typical_volume": 28162.15, "trend": 1479.266667, "fair_value": 1331.147436, "relative_strength": 4.326596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.943737, "energy": 70.608993, "activity_lines": [ 1731.466667, 1709.145455, 1634.485714, 1566.741935 ] }, { "date": "2025-02-28", "close": 1686.0, "volume": 23874, "typical_volume": 29273.6, "trend": 1492.633333, "fair_value": 1330.903846, "relative_strength": 2.638472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.141525, "energy": 65.812427, "activity_lines": [ 1718.066667, 1710.418182, 1646.27619, 1580.07957 ] }, { "date": "2025-03-07", "close": 1668.0, "volume": 8341, "typical_volume": 29679.4, "trend": 1505.6, "fair_value": 1331.121795, "relative_strength": 1.688972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.908704, "energy": 57.792097, "activity_lines": [ 1701.266667, 1706.036364, 1654.747619, 1591.393548 ] }, { "date": "2025-03-14", "close": 1665.0, "volume": 14145, "typical_volume": 30335.8, "trend": 1518.033333, "fair_value": 1330.910256, "relative_strength": -0.127358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.781297, "energy": 48.740357, "activity_lines": [ 1685.0, 1699.381818, 1661.5, 1601.677419 ] }, { "date": "2025-03-21", "close": 1659.0, "volume": 28297, "typical_volume": 31611.7, "trend": 1529.5, "fair_value": 1330.871795, "relative_strength": -0.03491, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.556641, "energy": 31.324912, "activity_lines": [ 1671.733333, 1691.309091, 1666.409524, 1610.772043 ] }, { "date": "2025-03-28", "close": 1627.0, "volume": 22413, "typical_volume": 30870.85, "trend": 1539.8, "fair_value": 1330.653846, "relative_strength": -0.279555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.325936, "energy": 30.349134, "activity_lines": [ 1652.533333, 1677.909091, 1667.152381, 1617.062366 ] }, { "date": "2025-04-04", "close": 1619.0, "volume": 27476, "typical_volume": 31817.1, "trend": 1550.133333, "fair_value": 1330.076923, "relative_strength": -0.123351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.780841, "energy": 24.675516, "activity_lines": [ 1638.533333, 1664.345455, 1666.233333, 1622.172043 ] }, { "date": "2025-04-11", "close": 1595.0, "volume": 22234, "typical_volume": 29505.45, "trend": 1559.166667, "fair_value": 1329.397436, "relative_strength": -0.242891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.755039, "energy": 24.376343, "activity_lines": [ 1621.0, 1648.345455, 1662.180952, 1625.066667 ] }, { "date": "2025-04-18", "close": 1622.0, "volume": 2127, "typical_volume": 28780.5, "trend": 1569.633333, "fair_value": 1328.717949, "relative_strength": -1.424287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.77465, "energy": 22.779162, "activity_lines": [ 1617.333333, 1639.0, 1660.019048, 1629.12043 ] }, { "date": "2025-04-25", "close": 1696.0, "volume": 7501, "typical_volume": 28778.85, "trend": 1581.433333, "fair_value": 1328.692308, "relative_strength": 2.449724, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.244153, "energy": 17.938442, "activity_lines": [ 1641.2, 1645.254545, 1664.185714, 1637.273118 ] }, { "date": "2025-05-02", "close": 1683.0, "volume": 2904, "typical_volume": 28194.2, "trend": 1592.133333, "fair_value": 1328.467949, "relative_strength": 1.307932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.948046, "energy": 21.424757, "activity_lines": [ 1658.266667, 1649.763636, 1666.380952, 1643.825806 ] }, { "date": "2025-05-09", "close": 1713.0, "volume": 3549, "typical_volume": 28070.25, "trend": 1604.266667, "fair_value": 1328.698718, "relative_strength": -1.405445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.974767, "energy": 40.64012, "activity_lines": [ 1681.6, 1660.854545, 1670.904762, 1651.623656 ] }, { "date": "2025-05-16", "close": 1757.0, "volume": 4080, "typical_volume": 27945.45, "trend": 1617.266667, "fair_value": 1329.602564, "relative_strength": 1.421299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.144016, "energy": 66.570169, "activity_lines": [ 1713.333333, 1679.454545, 1678.866667, 1661.477419 ] }, { "date": "2025-05-23", "close": 1724.0, "volume": 41909, "typical_volume": 26388.0, "trend": 1628.133333, "fair_value": 1331.115385, "relative_strength": 0.939675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.324608, "energy": 69.302148, "activity_lines": [ 1723.266667, 1690.436364, 1682.809524, 1668.363441 ] }, { "date": "2025-05-30", "close": 1757.0, "volume": 10816, "typical_volume": 23255.3, "trend": 1639.233333, "fair_value": 1332.801282, "relative_strength": -1.136369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.15455, "energy": 77.980826, "activity_lines": [ 1737.4, 1706.345455, 1689.528571, 1676.677419 ] }, { "date": "2025-06-06", "close": 1754.0, "volume": 11160, "typical_volume": 21642.45, "trend": 1649.766667, "fair_value": 1334.634615, "relative_strength": -2.435494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.148332, "energy": 76.481384, "activity_lines": [ 1746.466667, 1719.927273, 1695.62381, 1684.08172 ] }, { "date": "2025-06-13", "close": 1734.0, "volume": 5719, "typical_volume": 20831.15, "trend": 1659.533333, "fair_value": 1336.064103, "relative_strength": -2.04831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.901116, "energy": 55.895329, "activity_lines": [ 1744.133333, 1727.563636, 1699.547619, 1689.516129 ] }, { "date": "2025-06-20", "close": 1817.0, "volume": 29374, "typical_volume": 21319.9, "trend": 1671.7, "fair_value": 1337.974359, "relative_strength": -2.436562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.025497, "energy": 73.440514, "activity_lines": [ 1768.066667, 1748.2, 1711.333333, 1699.675269 ] }, { "date": "2025-06-27", "close": 1887.0, "volume": 55665, "typical_volume": 21067.9, "trend": 1685.566667, "fair_value": 1341.115385, "relative_strength": -1.137945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.085917, "energy": 89.874957, "activity_lines": [ 1811.333333, 1777.527273, 1729.185714, 1713.565591 ] }, { "date": "2025-07-04", "close": 1960.0, "volume": 301990, "typical_volume": 33227.95, "trend": 1699.5, "fair_value": 1344.583333, "relative_strength": -1.495595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.45669, "energy": 96.594661, "activity_lines": [ 1868.066667, 1815.309091, 1753.290476, 1731.270968 ] }, { "date": "2025-07-11", "close": 1968.0, "volume": 24313, "typical_volume": 32394.35, "trend": 1712.7, "fair_value": 1347.961538, "relative_strength": -2.033498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.599032, "energy": 96.521606, "activity_lines": [ 1913.933333, 1849.745455, 1777.061905, 1748.593548 ] }, { "date": "2025-07-18", "close": 1915.0, "volume": 6258, "typical_volume": 31513.55, "trend": 1724.7, "fair_value": 1351.057692, "relative_strength": -3.10392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.174903, "energy": 88.266419, "activity_lines": [ 1927.866667, 1869.363636, 1794.72381, 1761.645161 ] }, { "date": "2025-07-25", "close": 1952.0, "volume": 101608, "typical_volume": 36176.9, "trend": 1737.333333, "fair_value": 1354.262821, "relative_strength": -2.09228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.663011, "energy": 90.456615, "activity_lines": [ 1942.066667, 1892.036364, 1814.819048, 1776.309677 ] }, { "date": "2025-08-01", "close": 1924.0, "volume": 21876, "typical_volume": 36563.45, "trend": 1746.566667, "fair_value": 1357.153846, "relative_strength": -2.823615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.664163, "energy": 82.595052, "activity_lines": [ 1937.933333, 1906.072727, 1830.895238, 1788.352688 ] }, { "date": "2025-08-08", "close": 1895.0, "volume": 48675, "typical_volume": 37582.35, "trend": 1753.533333, "fair_value": 1359.852564, "relative_strength": -1.731172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.431037, "energy": 62.273735, "activity_lines": [ 1921.666667, 1911.2, 1842.97619, 1797.929032 ] }, { "date": "2025-08-15", "close": 1928.0, "volume": 3192, "typical_volume": 36621.3, "trend": 1761.2, "fair_value": 1362.615385, "relative_strength": -1.141464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.905533, "energy": 60.814826, "activity_lines": [ 1920.733333, 1919.818182, 1857.07619, 1809.184946 ] }, { "date": "2025-08-22", "close": 1944.0, "volume": 21958, "typical_volume": 36345.4, "trend": 1768.5, "fair_value": 1365.365385, "relative_strength": -1.389031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.981162, "energy": 56.311971, "activity_lines": [ 1927.8, 1928.181818, 1871.266667, 1820.978495 ] }, { "date": "2025-08-29", "close": 1931.0, "volume": 5815, "typical_volume": 35524.45, "trend": 1776.5, "fair_value": 1368.025641, "relative_strength": -4.385463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.080185, "energy": 50.925539, "activity_lines": [ 1928.6, 1930.363636, 1882.671429, 1831.462366 ] }, { "date": "2025-09-05", "close": 1905.0, "volume": 16974, "typical_volume": 36266.8, "trend": 1782.0, "fair_value": 1370.608974, "relative_strength": -4.887695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.172368, "energy": 45.918413, "activity_lines": [ 1922.133333, 1925.745455, 1890.0, 1839.752688 ] }, { "date": "2025-09-12", "close": 1925.0, "volume": 2423, "typical_volume": 36012.9, "trend": 1788.5, "fair_value": 1373.397436, "relative_strength": -5.247811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.28894, "energy": 42.474816, "activity_lines": [ 1923.6, 1924.436364, 1897.885714, 1848.978495 ] }, { "date": "2025-09-19", "close": 1852.0, "volume": 6075, "typical_volume": 36171.45, "trend": 1792.066667, "fair_value": 1375.878205, "relative_strength": -6.576577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.167696, "energy": 25.779778, "activity_lines": [ 1898.733333, 1910.490909, 1897.728571, 1853.075269 ] }, { "date": "2025-09-26", "close": 1838.0, "volume": 431, "typical_volume": 36015.55, "trend": 1797.133333, "fair_value": 1378.358974, "relative_strength": -7.585027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.020997, "energy": 22.195498, "activity_lines": [ 1874.266667, 1896.109091, 1895.433333, 1856.03871 ] }, { "date": "2025-10-03", "close": 1929.0, "volume": 61529, "typical_volume": 38888.0, "trend": 1805.833333, "fair_value": 1381.602564, "relative_strength": -7.87388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.294138, "energy": 22.544224, "activity_lines": [ 1887.2, 1899.672727, 1901.209524, 1864.546237 ] }, { "date": "2025-10-10", "close": 1991.0, "volume": 13101, "typical_volume": 37447.6, "trend": 1816.7, "fair_value": 1385.576923, "relative_strength": -7.017061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.844995, "energy": 36.692812, "activity_lines": [ 1920.933333, 1914.927273, 1912.071429, 1876.492473 ] }, { "date": "2025-10-17", "close": 1985.0, "volume": 33605, "typical_volume": 38587.05, "trend": 1827.566667, "fair_value": 1389.692308, "relative_strength": -5.373804, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.301407, "energy": 57.186675, "activity_lines": [ 1946.933333, 1927.872727, 1921.090476, 1887.350538 ] }, { "date": "2025-10-24", "close": 1928.0, "volume": 93782, "typical_volume": 42718.15, "trend": 1837.6, "fair_value": 1393.474359, "relative_strength": -7.626839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.208881, "energy": 60.648745, "activity_lines": [ 1949.933333, 1928.818182, 1923.595238, 1893.830108 ] }, { "date": "2025-10-31", "close": 1954.0, "volume": 13162, "typical_volume": 43090.3, "trend": 1848.766667, "fair_value": 1397.339744, "relative_strength": -8.374128, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.614417, "energy": 63.613975, "activity_lines": [ 1956.533333, 1934.490909, 1927.747619, 1901.339785 ] }, { "date": "2025-11-07", "close": 1947.0, "volume": 4028, "typical_volume": 41823.0, "trend": 1860.5, "fair_value": 1401.269231, "relative_strength": -10.25073, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.871629, "energy": 47.040035, "activity_lines": [ 1953.066667, 1938.709091, 1930.185714, 1907.677419 ] }, { "date": "2025-11-14", "close": 1969.0, "volume": 63668, "typical_volume": 42223.15, "trend": 1872.066667, "fair_value": 1405.391026, "relative_strength": -11.672303, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.926328, "energy": 39.78676, "activity_lines": [ 1955.733333, 1946.636364, 1934.1, 1914.677419 ] }, { "date": "2025-11-21", "close": 1915.0, "volume": 83307, "typical_volume": 31289.0, "trend": 1879.366667, "fair_value": 1409.397436, "relative_strength": -11.990494, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.063712, "energy": 23.219811, "activity_lines": [ 1941.866667, 1943.581818, 1932.480952, 1917.447312 ] }, { "date": "2025-11-28", "close": 1901.0, "volume": 185664, "typical_volume": 39356.55, "trend": 1886.633333, "fair_value": 1413.211538, "relative_strength": -13.211029, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.84471, "energy": 11.276027, "activity_lines": [ 1928.0, 1938.163636, 1929.742857, 1918.843011 ] }, { "date": "2025-12-05", "close": 1917.0, "volume": 104185, "typical_volume": 44252.9, "trend": 1893.433333, "fair_value": 1417.378205, "relative_strength": -15.07334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.835563, "energy": 13.906285, "activity_lines": [ 1921.266667, 1934.763636, 1928.847619, 1920.802151 ] }, { "date": "2025-12-12", "close": 1934.0, "volume": 176998, "typical_volume": 48022.4, "trend": 1899.333333, "fair_value": 1421.711538, "relative_strength": -16.925009, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.502139, "energy": 16.784266, "activity_lines": [ 1922.666667, 1933.018182, 1929.561905, 1923.419355 ] }, { "date": "2025-12-19", "close": 1933.0, "volume": 39997, "typical_volume": 48928.45, "trend": 1906.3, "fair_value": 1426.333333, "relative_strength": -17.322473, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.089474, "energy": 14.493819, "activity_lines": [ 1924.6, 1931.0, 1930.266667, 1925.591398 ] }, { "date": "2025-12-26", "close": 1948.0, "volume": 235274, "typical_volume": 58258.4, "trend": 1912.666667, "fair_value": 1431.410256, "relative_strength": -15.024746, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.717524, "energy": 19.245075, "activity_lines": [ 1933.933333, 1932.763636, 1932.357143, 1928.28172 ] }, { "date": "2026-01-02", "close": 1998.0, "volume": 178426, "typical_volume": 67020.1, "trend": 1920.8, "fair_value": 1436.717949, "relative_strength": -14.646343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.06615, "energy": 52.55389, "activity_lines": [ 1957.733333, 1944.290909, 1938.957143, 1933.787097 ] }, { "date": "2026-01-09", "close": 2109.0, "volume": 254819, "typical_volume": 78663.15, "trend": 1933.3, "fair_value": 1442.929487, "relative_strength": -13.327, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.459755, "energy": 85.876268, "activity_lines": [ 2012.066667, 1974.727273, 1955.795238, 1945.929032 ] }, { "date": "2026-01-16", "close": 2123.0, "volume": 63051, "typical_volume": 81524.95, "trend": 1943.5, "fair_value": 1448.942308, "relative_strength": -14.901176, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.160458, "energy": 95.598432, "activity_lines": [ 2058.266667, 2004.890909, 1973.180952, 1958.167742 ] }, { "date": "2026-01-23", "close": 2114.0, "volume": 149697, "typical_volume": 88161.1, "trend": 1951.066667, "fair_value": 1454.724359, "relative_strength": -15.172562, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.518516, "energy": 92.96691, "activity_lines": [ 2088.866667, 2030.218182, 1988.795238, 1969.167742 ] }, { "date": "2026-01-30", "close": 2060.0, "volume": 81438, "typical_volume": 92111.85, "trend": 1954.4, "fair_value": 1460.025641, "relative_strength": -17.242986, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.726404, "energy": 87.384598, "activity_lines": [ 2089.4, 2043.090909, 1998.271429, 1976.195699 ] }, { "date": "2026-02-06", "close": 2003.0, "volume": 290509, "typical_volume": 106333.55, "trend": 1955.566667, "fair_value": 1465.141026, "relative_strength": -19.996657, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.800603, "energy": 60.771812, "activity_lines": [ 2063.466667, 2042.963636, 2001.67619, 1979.331183 ] }, { "date": "2026-02-13", "close": 2015.0, "volume": 255250, "typical_volume": 119074.5, "trend": 1958.9, "fair_value": 1470.24359, "relative_strength": -21.289445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.053184, "energy": 35.958728, "activity_lines": [ 2041.2, 2043.163636, 2005.504762, 1983.165591 ] }, { "date": "2026-02-20", "close": 2015.0, "volume": 18020, "typical_volume": 116899.05, "trend": 1961.0, "fair_value": 1475.557692, "relative_strength": -21.907592, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.435832, "energy": 24.618483, "activity_lines": [ 2025.2, 2041.581818, 2008.490476, 1986.784946 ] }, { "date": "2026-02-27", "close": 1949.0, "volume": 24654, "typical_volume": 117476.7, "trend": 1961.833333, "fair_value": 1480.576923, "relative_strength": -22.049395, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.309566, "energy": 22.227445, "activity_lines": [ 1994.4, 2026.527273, 2004.780952, 1986.010753 ] }, { "date": "2026-03-06", "close": 2108.0, "volume": 47235, "typical_volume": 118158.2, "trend": 1968.933333, "fair_value": 1486.891026, "relative_strength": -19.617869, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.293416, "energy": 25.98885, "activity_lines": [ 2027.6, 2040.090909, 2016.414286, 1995.44086 ] }, { "date": "2026-03-13", "close": 2038.0, "volume": 11519, "typical_volume": 114045.05, "trend": 1972.6, "fair_value": 1492.903846, "relative_strength": -18.499077, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.3129, "energy": 19.041384, "activity_lines": [ 2034.266667, 2038.018182, 2020.795238, 1999.896774 ] }, { "date": "2026-03-20", "close": 2080.0, "volume": 2275, "typical_volume": 113500.7, "trend": 1977.133333, "fair_value": 1499.134615, "relative_strength": -18.976142, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.900439, "energy": 32.81975, "activity_lines": [ 2052.6, 2042.854545, 2028.652381, 2006.825806 ] }, { "date": "2026-03-27", "close": 2002.0, "volume": 9374, "typical_volume": 113768.0, "trend": 1979.5, "fair_value": 1505.128205, "relative_strength": -17.488541, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.913849, "energy": 28.364757, "activity_lines": [ 2040.6, 2034.036364, 2028.480952, 2008.430108 ] }, { "date": "2026-04-03", "close": 2008.0, "volume": 34240, "typical_volume": 112296.6, "trend": 1982.933333, "fair_value": 1511.153846, "relative_strength": -18.521505, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.365473, "energy": 14.333863, "activity_lines": [ 2031.466667, 2028.509091, 2028.619048, 2010.268817 ] }, { "date": "2026-04-10", "close": 2039.0, "volume": 3155, "typical_volume": 108289.0, "trend": 1986.733333, "fair_value": 1517.25, "relative_strength": -21.476123, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.299166, "energy": 11.986545, "activity_lines": [ 2028.733333, 2030.545455, 2031.52381, 2013.886022 ] }, { "date": "2026-04-17", "close": 2040.0, "volume": 3504, "typical_volume": 99181.0, "trend": 1993.0, "fair_value": 1523.25641, "relative_strength": -20.285814, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.285925, "energy": 11.595403, "activity_lines": [ 2030.933333, 2033.145455, 2033.933333, 2017.322581 ] }, { "date": "2026-04-24", "close": 2070.0, "volume": 1351, "typical_volume": 94039.3, "trend": 2000.733333, "fair_value": 1529.538462, "relative_strength": -17.749957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.091435, "energy": 25.084411, "activity_lines": [ 2043.0, 2040.527273, 2038.538095, 2022.290323 ] }, { "date": "2026-05-01", "close": 2097.0, "volume": 9663, "typical_volume": 85672.55, "trend": 2006.333333, "fair_value": 1536.019231, "relative_strength": -17.319441, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.386977, "energy": 48.411844, "activity_lines": [ 2064.733333, 2051.818182, 2044.985714, 2028.501075 ] }, { "date": "2026-05-08", "close": 2118.0, "volume": 35115, "typical_volume": 85428.45, "trend": 2010.566667, "fair_value": 1542.512821, "relative_strength": -17.645858, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.968931, "energy": 64.237345, "activity_lines": [ 2087.133333, 2065.436364, 2052.657143, 2035.705376 ] }, { "date": "2026-05-15", "close": 2045.0, "volume": 16519, "typical_volume": 74490.7, "trend": 2012.566667, "fair_value": 1548.435897, "relative_strength": -17.55744, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.858867, "energy": 53.024274, "activity_lines": [ 2077.866667, 2062.709091, 2052.495238, 2037.926882 ] }, { "date": "2026-05-22", "close": 2013.0, "volume": 96736, "typical_volume": 70406.2, "trend": 2015.4, "fair_value": 1554.134615, "relative_strength": -18.444301, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.344164, "energy": 23.62712, "activity_lines": [ 2057.533333, 2055.309091, 2048.82381, 2037.954839 ] }, { "date": "2026-05-29", "close": 21.06, "volume": 54248, "typical_volume": 60377.65, "trend": 1950.968667, "fair_value": 1547.160641, "relative_strength": -99.139726, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.957137, "energy": 95.650195, "activity_lines": [ 1375.02, 1686.192727, 1855.372381, 1909.287742 ] }, { "date": "2026-06-05", "close": 19.87, "volume": 239894, "typical_volume": 69219.8, "trend": 1886.731, "fair_value": 1540.159808, "relative_strength": -99.13326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.258825, "energy": 97.627724, "activity_lines": [ 828.706, 1354.295273, 1671.75019, 1784.700731 ] }, { "date": "2026-06-12", "close": 19.89, "volume": 714, "typical_volume": 61770.65, "trend": 1821.760667, "fair_value": 1533.005256, "relative_strength": -99.127551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.259061, "energy": 97.99029, "activity_lines": [ 420.874, 1058.440182, 1498.14481, 1664.259376 ] }, { "date": "2026-06-19", "close": 18.94, "volume": 7535, "typical_volume": 58075.5, "trend": 1758.558667, "fair_value": 1525.767692, "relative_strength": -99.108468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.706806, "energy": 94.64736, "activity_lines": [ 152.599333, 798.559818, 1334.420905, 1547.948366 ] }, { "date": "2026-06-26", "close": 18.43, "volume": 20216, "typical_volume": 44560.85, "trend": 1695.806333, "fair_value": 1518.539679, "relative_strength": -99.085406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.110355, "energy": 89.538447, "activity_lines": [ 19.225333, 575.315091, 1180.367762, 1435.682 ] }, { "date": "2026-07-03", "close": 19.35, "volume": 417, "typical_volume": 31819.2, "trend": 1632.551333, "fair_value": 1511.259872, "relative_strength": -99.038265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.665781, "energy": 89.030815, "activity_lines": [ 19.129333, 388.993455, 1035.852571, 1327.523527 ] }, { "date": "2026-07-10", "close": 19.23, "volume": 1634, "typical_volume": 30999.9, "trend": 1568.725667, "fair_value": 1503.921603, "relative_strength": -99.00297, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.326781, "energy": 84.170632, "activity_lines": [ 19.107333, 239.934545, 900.829048, 1223.43828 ] }, { "date": "2026-07-17", "close": 19.03, "volume": 5219, "typical_volume": 30028.15, "trend": 1504.926667, "fair_value": 1496.357692, "relative_strength": -99.00825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.30504, "energy": 68.488251, "activity_lines": [ 19.061333, 128.616909, 775.290143, 1123.457914 ] }, { "date": "2026-07-24", "close": 19.1, "volume": 1597, "typical_volume": 27746.25, "trend": 1440.63, "fair_value": 1489.01859, "relative_strength": -99.004585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.894092, "energy": 67.842442, "activity_lines": [ 19.096, 55.475091, 658.948238, 1027.598129 ] }, { "date": "2026-07-31", "close": 18.81, "volume": 14638, "typical_volume": 27902.2, "trend": 1374.657, "fair_value": 1481.664808, "relative_strength": -98.967336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.821715, "energy": 67.599123, "activity_lines": [ 19.023333, 19.115091, 552.525857, 935.867806 ] }, { "date": "2026-08-07", "close": 18.57, "volume": 5559, "typical_volume": 28066.4, "trend": 1304.976, "fair_value": 1474.219744, "relative_strength": -98.955951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.616757, "energy": 67.080704, "activity_lines": [ 18.845333, 18.969455, 455.69581, 848.378323 ] } ], "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." } } }