{ "ticker": { "uuid": "711f3bf5-6f57-4a80-9bba-b5044970d4fe", "symbol": "ASURB", "name": "Grupo Aeroportuario del Sureste, S. A. B. de C. V.", "exchange": "MEX", "country": "MX", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "stage": 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": -67.379, "architecture_energy": 76.736, "architecture_maturity": 32.435, "architecture_confidence": 84.213, "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": 11.67, "rotation_up": 11.11, "upward_expansion": 17.77, "deceleration": 37.45, "rotation_down": 74.8, "downward_expansion": 93.43 }, "activity_lines": [ 478.587331, 493.677455, 506.751334, 524.162044 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 475.589996, "trend_reference": 546.929875, "distance_from_trend": -0.130437, "trend_direction": "Weakening", "fair_value": 486.184399, "distance_from_fair_value": -0.021791, "fair_value_direction": "Weakening", "relative_strength": -15.792275, "relative_strength_direction": "Improving", "price_momentum": -0.237182, "excess_performance": -0.182516, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.130437, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.030851, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.021791, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.115659, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.157923, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.010368, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.237182, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.108387, "read": "Demand-led" } ], "volume": { "latest": 1408958, "relative_activity": 0.945677, "balance": 1.108387, "dry_up": 0.995299, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.06043, "annualized_volatility": 0.252575, "from_high_reference": -0.257722, "from_low_reference": 0.05133 }, "levels": { "trend_reference": 546.929875, "fair_value_reference": 486.184399, "structural_low": 452.369995, "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": 10, "median_return": 0.038223, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.003582, "regime_survival": 0.7, "best_return": 0.238434, "worst_return": -0.140759, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.184862, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.091054, "regime_survival": 0.25, "best_return": 0.251867, "worst_return": -0.194539, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.00833, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.02582, "regime_survival": 0.0, "best_return": 0.372422, "worst_return": -0.026736, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.25763, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.206343, "regime_survival": 0.5, "best_return": 0.258754, "worst_return": 0.256505, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.03165, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-06", "end": "2024-09-13", "tenure": "New", "return": 0.047921, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2025-01-31", "tenure": "Established", "return": 0.002151, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-06-27", "tenure": "Established", "return": 0.146372, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-08-22", "tenure": "Developing", "return": 0.016459, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-10", "tenure": "Developing", "return": -0.020951, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": 0.004665, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": -0.034474, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2025-12-12", "tenure": "New", "return": 0.078739, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": -0.012745, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-13", "tenure": "Developing", "return": -0.019735, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": -0.071266, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.016177, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": -0.074584, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 370.584656, "volume": 1849189, "typical_volume": 2161052.9, "trend": 405.606348, "fair_value": 315.719858, "relative_strength": -6.796804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.228865, "energy": 50.63912, "activity_lines": [ 376.556069, 381.526139, 389.568242, 397.483684 ] }, { "date": "2023-08-25", "close": 373.590881, "volume": 1486389, "typical_volume": 2194759.35, "trend": 404.102512, "fair_value": 316.894474, "relative_strength": -5.916382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.466571, "energy": 54.180681, "activity_lines": [ 375.048897, 379.206749, 387.248268, 395.41817 ] }, { "date": "2023-09-01", "close": 373.291077, "volume": 4097822, "typical_volume": 2300251.95, "trend": 402.874965, "fair_value": 318.131103, "relative_strength": -5.821971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.226983, "energy": 46.50326, "activity_lines": [ 373.823716, 377.524555, 385.225122, 393.430336 ] }, { "date": "2023-09-08", "close": 361.460663, "volume": 1981548, "typical_volume": 2277313.3, "trend": 401.630987, "fair_value": 319.337442, "relative_strength": -7.564758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.126657, "energy": 53.703943, "activity_lines": [ 369.370833, 373.965849, 382.378283, 390.758445 ] }, { "date": "2023-09-15", "close": 358.227539, "volume": 4113782, "typical_volume": 2323534.45, "trend": 399.911652, "fair_value": 320.491421, "relative_strength": -6.247887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.697446, "energy": 56.210524, "activity_lines": [ 364.974666, 370.296792, 379.432224, 387.958223 ] }, { "date": "2023-09-22", "close": 356.290924, "volume": 2508286, "typical_volume": 2371575.75, "trend": 398.060229, "fair_value": 321.601162, "relative_strength": -7.293204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.97369, "energy": 60.883734, "activity_lines": [ 361.26132, 366.937568, 376.544545, 385.143982 ] }, { "date": "2023-09-29", "close": 346.040558, "volume": 2268842, "typical_volume": 2415969.85, "trend": 395.280794, "fair_value": 322.655343, "relative_strength": -8.48132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.50137, "energy": 69.892382, "activity_lines": [ 355.0841, 362.33725, 372.877106, 381.787874 ] }, { "date": "2023-10-06", "close": 310.581665, "volume": 7552896, "typical_volume": 2683968.45, "trend": 391.201544, "fair_value": 323.462166, "relative_strength": -15.645443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.981626, "energy": 73.077921, "activity_lines": [ 338.923938, 351.894937, 366.090807, 376.323414 ] }, { "date": "2023-10-13", "close": 314.560242, "volume": 4470163, "typical_volume": 2756721.35, "trend": 387.474987, "fair_value": 324.33475, "relative_strength": -13.83119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.566574, "energy": 74.115302, "activity_lines": [ 328.270595, 343.511383, 360.114157, 371.378814 ] }, { "date": "2023-10-20", "close": 309.309448, "volume": 2596639, "typical_volume": 2588452.5, "trend": 383.342999, "fair_value": 325.09035, "relative_strength": -13.103289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.937501, "energy": 79.445261, "activity_lines": [ 318.993683, 335.335262, 354.064848, 366.335876 ] }, { "date": "2023-10-27", "close": 307.915741, "volume": 3908056, "typical_volume": 2669093.15, "trend": 379.009366, "fair_value": 325.896853, "relative_strength": -14.523563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.440639, "energy": 81.779621, "activity_lines": [ 312.513407, 328.15744, 348.310877, 361.469602 ] }, { "date": "2023-11-03", "close": 322.363464, "volume": 3435896, "typical_volume": 2735358.5, "trend": 375.024114, "fair_value": 326.697448, "relative_strength": -14.364613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.903302, "energy": 66.347703, "activity_lines": [ 314.074052, 324.745911, 344.370521, 357.815027 ] }, { "date": "2023-11-10", "close": 312.469574, "volume": 2839349, "typical_volume": 2826194.7, "trend": 370.875644, "fair_value": 327.226807, "relative_strength": -16.734547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.361891, "energy": 52.052518, "activity_lines": [ 313.915206, 320.4669, 339.912991, 353.77925 ] }, { "date": "2023-11-17", "close": 322.015015, "volume": 1839048, "typical_volume": 2833214.8, "trend": 368.099911, "fair_value": 327.813401, "relative_strength": -16.262888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.163373, "energy": 44.280477, "activity_lines": [ 316.812313, 319.02927, 336.726063, 350.626952 ] }, { "date": "2023-11-24", "close": 327.209045, "volume": 1013073, "typical_volume": 2816215.45, "trend": 365.366223, "fair_value": 328.466115, "relative_strength": -15.070582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.919084, "energy": 31.929703, "activity_lines": [ 320.943778, 319.253202, 334.346697, 347.988831 ] }, { "date": "2023-12-01", "close": 334.778412, "volume": 2798779, "typical_volume": 2878751.85, "trend": 363.273883, "fair_value": 329.170447, "relative_strength": -14.383185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.133709, "energy": 25.595564, "activity_lines": [ 326.40506, 321.417356, 333.009297, 346.015424 ] }, { "date": "2023-12-08", "close": 334.138611, "volume": 1766812, "typical_volume": 2887629.1, "trend": 361.06991, "fair_value": 329.804837, "relative_strength": -14.975638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.754336, "energy": 19.003866, "activity_lines": [ 329.862229, 323.856318, 331.876469, 344.135729 ] }, { "date": "2023-12-15", "close": 420.525269, "volume": 5042845, "typical_volume": 2986834.15, "trend": 361.719538, "fair_value": 330.91071, "relative_strength": 1.916854, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 19.060287, "energy": 25.660913, "activity_lines": [ 361.329942, 342.218345, 339.186089, 347.971559 ] }, { "date": "2023-12-22", "close": 419.403595, "volume": 3387383, "typical_volume": 3042714.85, "trend": 362.222402, "fair_value": 332.075997, "relative_strength": 1.415455, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.686938, "energy": 48.950019, "activity_lines": [ 385.22005, 358.377456, 346.215085, 351.693111 ] }, { "date": "2023-12-29", "close": 414.601105, "volume": 714207, "typical_volume": 2983550.2, "trend": 362.735618, "fair_value": 333.165239, "relative_strength": 0.18525, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.752856, "energy": 63.597445, "activity_lines": [ 401.016756, 371.757145, 352.591813, 355.072382 ] }, { "date": "2024-01-05", "close": 401.847107, "volume": 1602079, "typical_volume": 2971194.7, "trend": 362.803173, "fair_value": 334.083586, "relative_strength": -0.726818, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.582531, "energy": 69.269242, "activity_lines": [ 406.735993, 380.903531, 357.580311, 357.595704 ] }, { "date": "2024-01-12", "close": 393.787506, "volume": 1831715, "typical_volume": 2988461.0, "trend": 362.208267, "fair_value": 335.062847, "relative_strength": -1.56671, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.918444, "energy": 70.454972, "activity_lines": [ 405.297449, 386.876692, 361.65236, 359.594693 ] }, { "date": "2024-01-19", "close": 397.80899, "volume": 2601266, "typical_volume": 2913633.2, "trend": 362.522332, "fair_value": 336.092327, "relative_strength": -0.084546, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.580782, "energy": 56.106395, "activity_lines": [ 401.222807, 392.282414, 366.011232, 361.891514 ] }, { "date": "2024-01-26", "close": 417.708588, "volume": 3117256, "typical_volume": 2970418.6, "trend": 363.521864, "fair_value": 337.233361, "relative_strength": 2.404748, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.100814, "energy": 51.675486, "activity_lines": [ 405.295782, 399.754618, 372.148553, 365.451918 ] }, { "date": "2024-02-02", "close": 431.22702, "volume": 3939962, "typical_volume": 2961727.6, "trend": 364.741614, "fair_value": 338.364768, "relative_strength": 3.280213, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.963489, "energy": 56.548128, "activity_lines": [ 413.987903, 407.944835, 379.305496, 369.819992 ] }, { "date": "2024-02-09", "close": 432.921997, "volume": 2209303, "typical_volume": 2946778.45, "trend": 366.154534, "fair_value": 339.522714, "relative_strength": 5.325826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.753608, "energy": 61.419476, "activity_lines": [ 422.136621, 414.551995, 386.276248, 374.218727 ] }, { "date": "2024-02-16", "close": 428.534973, "volume": 1549369, "typical_volume": 2910804.8, "trend": 367.795041, "fair_value": 340.579122, "relative_strength": 4.648169, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.70751, "energy": 71.074235, "activity_lines": [ 426.751339, 418.577085, 392.464279, 378.243271 ] }, { "date": "2024-02-23", "close": 423.749054, "volume": 1547007, "typical_volume": 2610510.35, "trend": 369.119089, "fair_value": 341.430626, "relative_strength": 4.436718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.29268, "energy": 67.31466, "activity_lines": [ 427.454252, 420.01571, 397.803678, 381.853208 ] }, { "date": "2024-03-01", "close": 405.519562, "volume": 3818249, "typical_volume": 2577914.65, "trend": 370.020507, "fair_value": 342.296479, "relative_strength": 2.136786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.602686, "energy": 45.751563, "activity_lines": [ 420.351331, 418.081268, 400.868042, 384.201625 ] }, { "date": "2024-03-08", "close": 412.47406, "volume": 1991708, "typical_volume": 2547668.1, "trend": 371.164545, "fair_value": 343.203149, "relative_strength": 5.219689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.613011, "energy": 33.85962, "activity_lines": [ 416.379177, 417.663717, 404.1616, 386.940564 ] }, { "date": "2024-03-15", "close": 424.455383, "volume": 2610752, "typical_volume": 2482802.9, "trend": 372.960236, "fair_value": 344.178666, "relative_strength": 5.976439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.674219, "energy": 37.246792, "activity_lines": [ 417.650995, 419.463262, 408.104976, 390.378683 ] }, { "date": "2024-03-22", "close": 429.731445, "volume": 1523145, "typical_volume": 2387165.35, "trend": 374.831588, "fair_value": 345.265612, "relative_strength": 6.747965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.289041, "energy": 39.050379, "activity_lines": [ 421.245941, 421.811031, 411.995883, 394.041341 ] }, { "date": "2024-03-29", "close": 436.710846, "volume": 963444, "typical_volume": 2293370.1, "trend": 376.94558, "fair_value": 346.335506, "relative_strength": 7.195841, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.441137, "energy": 55.473372, "activity_lines": [ 427.087589, 424.774256, 416.04022, 398.033552 ] }, { "date": "2024-04-05", "close": 449.739075, "volume": 2051204, "typical_volume": 2303977.9, "trend": 379.888194, "fair_value": 347.456185, "relative_strength": 9.172375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.242512, "energy": 76.568772, "activity_lines": [ 436.407861, 429.398944, 420.733714, 402.729906 ] }, { "date": "2024-04-12", "close": 437.076416, "volume": 2018945, "typical_volume": 2354271.5, "trend": 382.51649, "fair_value": 348.539381, "relative_strength": 9.049328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.852715, "energy": 59.353762, "activity_lines": [ 438.559279, 431.138958, 423.613032, 406.419469 ] }, { "date": "2024-04-19", "close": 436.636078, "volume": 1841417, "typical_volume": 2306403.4, "trend": 385.194661, "fair_value": 349.641097, "relative_strength": 10.21028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.038448, "energy": 54.03998, "activity_lines": [ 438.923761, 432.692557, 425.927235, 409.911055 ] }, { "date": "2024-04-26", "close": 505.889893, "volume": 2176783, "typical_volume": 2326901.95, "trend": 390.522973, "fair_value": 351.251731, "relative_strength": 22.897745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.790055, "energy": 85.389165, "activity_lines": [ 461.560801, 446.77023, 434.352002, 417.697844 ] }, { "date": "2024-05-03", "close": 477.922516, "volume": 1766890, "typical_volume": 2163104.2, "trend": 396.101001, "fair_value": 352.598238, "relative_strength": 17.165912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.196588, "energy": 72.019648, "activity_lines": [ 469.798153, 454.356473, 439.295347, 423.336524 ] }, { "date": "2024-05-10", "close": 486.189758, "volume": 1213390, "typical_volume": 2054404.55, "trend": 401.821985, "fair_value": 353.94481, "relative_strength": 17.628216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.801796, "energy": 79.300404, "activity_lines": [ 478.043807, 462.460879, 444.752727, 429.148702 ] }, { "date": "2024-05-17", "close": 487.677002, "volume": 1545399, "typical_volume": 2095964.15, "trend": 407.76757, "fair_value": 355.301963, "relative_strength": 17.921621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.81565, "energy": 81.493919, "activity_lines": [ 484.355164, 469.368961, 450.033721, 434.687736 ] }, { "date": "2024-05-24", "close": 462.393341, "volume": 1404198, "typical_volume": 2086070.1, "trend": 412.916823, "fair_value": 356.595945, "relative_strength": 15.919188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.677465, "energy": 54.078002, "activity_lines": [ 478.865261, 470.312689, 452.558767, 438.211979 ] }, { "date": "2024-05-31", "close": 485.183533, "volume": 2884521, "typical_volume": 2138710.4, "trend": 418.344159, "fair_value": 358.034161, "relative_strength": 21.727422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.194234, "energy": 52.534484, "activity_lines": [ 479.254938, 474.710306, 456.965991, 442.874347 ] }, { "date": "2024-06-07", "close": 479.456818, "volume": 3830105, "typical_volume": 2200152.35, "trend": 423.9104, "fair_value": 359.304081, "relative_strength": 24.720653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.833085, "energy": 42.658065, "activity_lines": [ 479.116134, 477.058483, 460.392595, 446.8171 ] }, { "date": "2024-06-14", "close": 477.8302, "volume": 1630241, "typical_volume": 2125801.6, "trend": 429.10424, "fair_value": 360.578009, "relative_strength": 25.546034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.766371, "energy": 33.177773, "activity_lines": [ 478.332837, 478.333711, 463.275484, 450.295796 ] }, { "date": "2024-06-21", "close": 487.538696, "volume": 3246376, "typical_volume": 2091122.3, "trend": 434.448562, "fair_value": 361.908407, "relative_strength": 26.074235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.765213, "energy": 40.538443, "activity_lines": [ 481.343009, 480.863373, 466.796698, 454.065761 ] }, { "date": "2024-06-28", "close": 475.497864, "volume": 2229814, "typical_volume": 2092147.85, "trend": 439.13921, "fair_value": 363.18301, "relative_strength": 23.187863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.648912, "energy": 33.16881, "activity_lines": [ 480.348792, 480.286297, 468.903015, 456.714103 ] }, { "date": "2024-07-05", "close": 459.359131, "volume": 1394981, "typical_volume": 2084428.45, "trend": 443.313227, "fair_value": 364.350968, "relative_strength": 18.797697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.61144, "energy": 21.956466, "activity_lines": [ 473.101361, 476.068328, 469.269568, 458.018614 ] }, { "date": "2024-07-12", "close": 481.911957, "volume": 1160065, "typical_volume": 2065081.35, "trend": 445.35945, "fair_value": 365.710852, "relative_strength": 18.22476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.966727, "energy": 22.6125, "activity_lines": [ 475.093166, 476.796886, 471.637227, 460.508855 ] }, { "date": "2024-07-19", "close": 479.679077, "volume": 1285405, "typical_volume": 1938439.15, "trend": 447.368633, "fair_value": 367.064473, "relative_strength": 19.889118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.484851, "energy": 19.040074, "activity_lines": [ 476.177002, 477.046931, 473.515265, 462.723024 ] }, { "date": "2024-07-26", "close": 482.532684, "volume": 1377407, "typical_volume": 1907724.1, "trend": 449.633019, "fair_value": 368.434863, "relative_strength": 21.888613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.382116, "energy": 24.857863, "activity_lines": [ 478.088782, 477.93419, 475.311935, 464.991673 ] }, { "date": "2024-08-02", "close": 460.367737, "volume": 1459770, "typical_volume": 1850175.0, "trend": 451.583707, "fair_value": 369.690944, "relative_strength": 17.033353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.0014, "energy": 16.266786, "activity_lines": [ 472.94598, 474.884991, 474.664045, 465.684235 ] }, { "date": "2024-08-09", "close": 440.996124, "volume": 1498939, "typical_volume": 1848964.7, "trend": 453.157327, "fair_value": 370.857865, "relative_strength": 10.05869, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.566989, "energy": 8.0974, "activity_lines": [ 462.354649, 468.35051, 472.000227, 465.001165 ] }, { "date": "2024-08-16", "close": 452.82431, "volume": 1230040, "typical_volume": 1862294.5, "trend": 454.991171, "fair_value": 372.129098, "relative_strength": 10.458275, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.003797, "energy": 16.209682, "activity_lines": [ 456.930247, 464.770016, 470.409263, 464.97968 ] }, { "date": "2024-08-23", "close": 454.539917, "volume": 1716947, "typical_volume": 1845581.65, "trend": 456.218882, "fair_value": 373.322619, "relative_strength": 11.687977, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.947286, "energy": 25.688864, "activity_lines": [ 454.01689, 461.985677, 468.904959, 464.950567 ] }, { "date": "2024-08-30", "close": 454.953705, "volume": 2240878, "typical_volume": 1856678.3, "trend": 457.009772, "fair_value": 374.498593, "relative_strength": 12.561711, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.804058, "energy": 31.429737, "activity_lines": [ 452.917407, 459.700033, 467.417202, 464.868943 ] }, { "date": "2024-09-06", "close": 444.90152, "volume": 1406098, "typical_volume": 1834912.35, "trend": 457.409089, "fair_value": 375.612464, "relative_strength": 13.496599, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.229675, "energy": 33.812842, "activity_lines": [ 450.305794, 456.179173, 464.886964, 464.087765 ] }, { "date": "2024-09-13", "close": 466.221497, "volume": 1538493, "typical_volume": 1802997.85, "trend": 458.665307, "fair_value": 376.83961, "relative_strength": 16.222493, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.074202, "energy": 14.303876, "activity_lines": [ 455.831922, 457.090969, 464.347841, 464.656308 ] }, { "date": "2024-09-20", "close": 485.015594, "volume": 2150714, "typical_volume": 1822189.05, "trend": 460.707525, "fair_value": 378.128583, "relative_strength": 19.788843, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.241113, "energy": 16.811685, "activity_lines": [ 465.941056, 461.295104, 465.787529, 466.356326 ] }, { "date": "2024-09-27", "close": 484.101715, "volume": 1796705, "typical_volume": 1851354.8, "trend": 463.32693, "fair_value": 379.355118, "relative_strength": 17.541072, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 36.788545, "energy": 24.885274, "activity_lines": [ 473.599479, 465.276649, 467.106404, 467.865629 ] }, { "date": "2024-10-04", "close": 461.229919, "volume": 1304433, "typical_volume": 1839306.5, "trend": 464.952125, "fair_value": 380.372759, "relative_strength": 11.654353, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 21.519482, "energy": 20.194019, "activity_lines": [ 471.663183, 465.019274, 466.256957, 467.730338 ] }, { "date": "2024-10-11", "close": 466.402527, "volume": 1508359, "typical_volume": 1844514.55, "trend": 466.350363, "fair_value": 381.39512, "relative_strength": 12.669625, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.871644, "energy": 16.354766, "activity_lines": [ 471.032676, 466.089697, 466.026077, 467.823912 ] }, { "date": "2024-10-18", "close": 480.19632, "volume": 1217796, "typical_volume": 1761178.3, "trend": 468.032526, "fair_value": 382.497819, "relative_strength": 13.885596, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.348551, "energy": 20.092208, "activity_lines": [ 473.566699, 469.558358, 467.0898, 468.7172 ] }, { "date": "2024-10-25", "close": 460.816071, "volume": 1743700, "typical_volume": 1656858.05, "trend": 468.836033, "fair_value": 383.430027, "relative_strength": 11.210427, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.31208, "energy": 12.059235, "activity_lines": [ 468.708985, 468.790607, 466.331534, 468.251622 ] }, { "date": "2024-11-01", "close": 453.720856, "volume": 1897140, "typical_volume": 1670203.0, "trend": 468.968759, "fair_value": 384.267619, "relative_strength": 11.295947, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.983638, "energy": 18.346072, "activity_lines": [ 463.0995, 466.587512, 464.986298, 467.276449 ] }, { "date": "2024-11-08", "close": 460.453979, "volume": 1714500, "typical_volume": 1593609.2, "trend": 469.748011, "fair_value": 385.155385, "relative_strength": 9.554974, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.615066, "energy": 18.21437, "activity_lines": [ 461.75978, 465.623513, 464.397119, 466.727109 ] }, { "date": "2024-11-15", "close": 459.238434, "volume": 1663861, "typical_volume": 1565311.55, "trend": 470.501423, "fair_value": 386.096032, "relative_strength": 11.454486, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.681001, "energy": 23.192035, "activity_lines": [ 460.066608, 464.338501, 463.821148, 466.049072 ] }, { "date": "2024-11-22", "close": 465.574951, "volume": 3394215, "typical_volume": 1665273.25, "trend": 469.157592, "fair_value": 387.174296, "relative_strength": 12.273639, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.328142, "energy": 23.445332, "activity_lines": [ 460.963214, 463.944912, 463.926082, 465.731235 ] }, { "date": "2024-11-29", "close": 445.039398, "volume": 2435812, "typical_volume": 1729060.6, "trend": 468.061488, "fair_value": 387.99685, "relative_strength": 7.963997, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.947322, "energy": 35.104023, "activity_lines": [ 455.989394, 459.829341, 462.045648, 464.175222 ] }, { "date": "2024-12-06", "close": 463.393799, "volume": 1583300, "typical_volume": 1743955.35, "trend": 467.301623, "fair_value": 388.948406, "relative_strength": 8.328221, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.164721, "energy": 22.978333, "activity_lines": [ 458.185486, 459.777774, 462.088837, 463.874081 ] }, { "date": "2024-12-13", "close": 472.920105, "volume": 2072029, "typical_volume": 1778686.45, "trend": 466.809726, "fair_value": 389.993945, "relative_strength": 9.51963, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.857544, "energy": 9.474157, "activity_lines": [ 462.91215, 461.834771, 463.116842, 464.236564 ] }, { "date": "2024-12-20", "close": 454.927826, "volume": 4837032, "typical_volume": 1947549.55, "trend": 466.560875, "fair_value": 390.918792, "relative_strength": 9.20734, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.196836, "energy": 16.123903, "activity_lines": [ 460.810313, 460.407895, 462.477071, 463.469989 ] }, { "date": "2024-12-27", "close": 457.634918, "volume": 853167, "typical_volume": 1915260.95, "trend": 465.642588, "fair_value": 391.793746, "relative_strength": 9.997464, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.99238, "energy": 13.325156, "activity_lines": [ 459.898214, 459.681848, 462.121022, 462.894121 ] }, { "date": "2025-01-03", "close": 451.901855, "volume": 1443091, "typical_volume": 1925913.5, "trend": 464.72409, "fair_value": 392.596938, "relative_strength": 8.843388, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.519618, "energy": 19.919503, "activity_lines": [ 457.604429, 458.323634, 461.139735, 462.007622 ] }, { "date": "2025-01-10", "close": 459.471191, "volume": 1695012, "typical_volume": 1924816.75, "trend": 464.112123, "fair_value": 393.410475, "relative_strength": 8.701678, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.841535, "energy": 23.37118, "activity_lines": [ 457.376259, 458.503739, 460.88373, 461.668726 ] }, { "date": "2025-01-17", "close": 486.989777, "volume": 1762474, "typical_volume": 1900896.55, "trend": 464.093825, "fair_value": 394.561689, "relative_strength": 13.756401, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.340932, "energy": 13.392577, "activity_lines": [ 466.582458, 463.582672, 463.225061, 463.144703 ] }, { "date": "2025-01-24", "close": 484.81723, "volume": 1498554, "typical_volume": 1905519.35, "trend": 464.404471, "fair_value": 395.677356, "relative_strength": 9.610802, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.655975, "energy": 38.273614, "activity_lines": [ 474.126497, 467.784127, 465.206929, 464.481697 ] }, { "date": "2025-01-31", "close": 486.058746, "volume": 1820305, "typical_volume": 1919609.95, "trend": 465.294458, "fair_value": 396.722973, "relative_strength": 9.697755, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.453831, "energy": 48.816154, "activity_lines": [ 480.091748, 471.746244, 467.116962, 465.878747 ] }, { "date": "2025-02-07", "close": 481.575745, "volume": 2141643, "typical_volume": 1919156.4, "trend": 465.283251, "fair_value": 397.617728, "relative_strength": 5.011188, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.123676, "energy": 51.937892, "activity_lines": [ 482.667743, 474.520837, 468.50558, 466.929153 ] }, { "date": "2025-02-14", "close": 495.714386, "volume": 4062960, "typical_volume": 2032469.15, "trend": 465.817761, "fair_value": 398.621521, "relative_strength": 5.187166, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.688292, "energy": 56.778017, "activity_lines": [ 487.978359, 479.201794, 471.257115, 468.892452 ] }, { "date": "2025-02-21", "close": 480.204956, "volume": 1733908, "typical_volume": 2053942.9, "trend": 465.74017, "fair_value": 399.589734, "relative_strength": 2.21068, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.914399, "energy": 41.357023, "activity_lines": [ 485.702952, 480.475209, 472.476263, 469.820658 ] }, { "date": "2025-02-28", "close": 476.877289, "volume": 5059917, "typical_volume": 2231520.8, "trend": 466.290489, "fair_value": 400.58565, "relative_strength": 3.82961, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.146265, "energy": 27.354607, "activity_lines": [ 482.770644, 481.011141, 473.288133, 470.539182 ] }, { "date": "2025-03-07", "close": 463.721436, "volume": 2367162, "typical_volume": 2288989.1, "trend": 467.047999, "fair_value": 401.607137, "relative_strength": -0.293678, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.944933, "energy": 13.60754, "activity_lines": [ 475.982381, 478.756018, 472.797185, 470.373436 ] }, { "date": "2025-03-14", "close": 492.990143, "volume": 2062207, "typical_volume": 2304914.45, "trend": 468.38686, "fair_value": 402.706828, "relative_strength": 6.288862, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.032591, "energy": 18.133964, "activity_lines": [ 480.439508, 481.711815, 475.172184, 472.047123 ] }, { "date": "2025-03-21", "close": 491.403839, "volume": 3001591, "typical_volume": 2360137.0, "trend": 469.615658, "fair_value": 403.745903, "relative_strength": 5.170568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.240434, "energy": 20.368451, "activity_lines": [ 483.606907, 483.632133, 477.242897, 473.532089 ] }, { "date": "2025-03-28", "close": 486.851807, "volume": 1686505, "typical_volume": 2358737.25, "trend": 470.678928, "fair_value": 404.675257, "relative_strength": 2.871219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.659775, "energy": 23.733196, "activity_lines": [ 485.544332, 484.144215, 478.700641, 474.644099 ] }, { "date": "2025-04-04", "close": 476.903076, "volume": 2719542, "typical_volume": 2411521.3, "trend": 471.745646, "fair_value": 405.754265, "relative_strength": 3.795663, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.066097, "energy": 24.003278, "activity_lines": [ 483.72239, 482.849946, 479.085182, 475.045657 ] }, { "date": "2025-04-11", "close": 480.791199, "volume": 4030365, "typical_volume": 2443328.8, "trend": 472.231303, "fair_value": 406.815346, "relative_strength": 4.187048, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.036919, "energy": 20.129688, "activity_lines": [ 483.194769, 482.406501, 479.755904, 475.629241 ] }, { "date": "2025-04-18", "close": 490.705505, "volume": 1071550, "typical_volume": 2375115.7, "trend": 472.420967, "fair_value": 407.936036, "relative_strength": 2.969549, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.550793, "energy": 22.427029, "activity_lines": [ 484.833933, 483.861432, 481.298386, 476.821125 ] }, { "date": "2025-04-25", "close": 542.147705, "volume": 2635892, "typical_volume": 2427745.3, "trend": 474.355833, "fair_value": 409.242641, "relative_strength": 6.155735, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.818829, "energy": 54.322915, "activity_lines": [ 503.772807, 494.503494, 487.522669, 481.319624 ] }, { "date": "2025-05-02", "close": 530.70752, "volume": 2201786, "typical_volume": 2434233.15, "trend": 476.671753, "fair_value": 410.604318, "relative_strength": 5.349096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.610678, "energy": 64.899666, "activity_lines": [ 515.515361, 502.22128, 492.282391, 484.955217 ] }, { "date": "2025-05-09", "close": 543.311584, "volume": 2186241, "typical_volume": 2301693.6, "trend": 479.235388, "fair_value": 412.038122, "relative_strength": 6.173535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.935742, "energy": 72.620943, "activity_lines": [ 528.535555, 511.312486, 497.967322, 489.254561 ] }, { "date": "2025-05-16", "close": 583.003235, "volume": 1531030, "typical_volume": 2335586.75, "trend": 482.662285, "fair_value": 413.674953, "relative_strength": 10.735758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.381692, "energy": 84.666169, "activity_lines": [ 550.359066, 526.412459, 507.011535, 495.949261 ] }, { "date": "2025-05-23", "close": 575.882141, "volume": 1570135, "typical_volume": 2341938.95, "trend": 486.497821, "fair_value": 415.160309, "relative_strength": 8.243315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.624935, "energy": 82.617284, "activity_lines": [ 562.994743, 538.048929, 514.780557, 501.963445 ] }, { "date": "2025-05-30", "close": 580.224792, "volume": 2680655, "typical_volume": 2391221.1, "trend": 490.714619, "fair_value": 416.702685, "relative_strength": 9.844595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.387607, "energy": 82.220416, "activity_lines": [ 571.399528, 548.967843, 522.372783, 508.010346 ] }, { "date": "2025-06-06", "close": 577.521545, "volume": 1655992, "typical_volume": 2385897.0, "trend": 494.616871, "fair_value": 418.292107, "relative_strength": 8.713852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.080166, "energy": 78.091754, "activity_lines": [ 576.364758, 557.780332, 529.132539, 513.610793 ] }, { "date": "2025-06-13", "close": 554.945313, "volume": 1656742, "typical_volume": 2393806.4, "trend": 497.8071, "fair_value": 419.729781, "relative_strength": 5.483364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.178945, "energy": 55.842334, "activity_lines": [ 570.683643, 560.839511, 533.311074, 517.502951 ] }, { "date": "2025-06-20", "close": 537.449158, "volume": 3882238, "typical_volume": 2496903.05, "trend": 500.202907, "fair_value": 421.029836, "relative_strength": 4.219837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.519969, "energy": 39.156659, "activity_lines": [ 558.394893, 559.298621, 535.489365, 520.060503 ] }, { "date": "2025-06-27", "close": 552.065002, "volume": 1631424, "typical_volume": 2471392.1, "trend": 503.770427, "fair_value": 422.537358, "relative_strength": 4.830812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.071914, "energy": 30.126981, "activity_lines": [ 554.015031, 559.385012, 538.814926, 523.406445 ] }, { "date": "2025-07-04", "close": 561.796509, "volume": 1319033, "typical_volume": 2334195.75, "trend": 507.050518, "fair_value": 424.12641, "relative_strength": 5.398505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.004243, "energy": 25.703983, "activity_lines": [ 554.466813, 560.125141, 542.731633, 527.150063 ] }, { "date": "2025-07-11", "close": 536.600952, "volume": 2044244, "typical_volume": 2349712.55, "trend": 509.173213, "fair_value": 425.608498, "relative_strength": 2.980301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.56782, "energy": 21.270633, "activity_lines": [ 547.748629, 555.927009, 543.934087, 529.056542 ] }, { "date": "2025-07-18", "close": 543.517395, "volume": 1048347, "typical_volume": 2149134.05, "trend": 512.126198, "fair_value": 427.149538, "relative_strength": 4.743135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.236859, "energy": 18.220851, "activity_lines": [ 546.063965, 552.879258, 545.526697, 531.272296 ] }, { "date": "2025-07-25", "close": 525.797546, "volume": 1610419, "typical_volume": 2111296.9, "trend": 514.398286, "fair_value": 428.564359, "relative_strength": -0.534906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.15549, "energy": 15.135245, "activity_lines": [ 539.234546, 546.605975, 545.114369, 532.154318 ] }, { "date": "2025-08-01", "close": 535.454468, "volume": 2195374, "typical_volume": 2117955.25, "trend": 517.183373, "fair_value": 429.924914, "relative_strength": 1.917875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.154668, "energy": 15.081417, "activity_lines": [ 536.400875, 543.128599, 545.326147, 533.512782 ] }, { "date": "2025-08-08", "close": 540.07782, "volume": 1205457, "typical_volume": 2028148.55, "trend": 519.870261, "fair_value": 431.209887, "relative_strength": 0.519713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.651268, "energy": 13.235909, "activity_lines": [ 536.21569, 541.226881, 545.776033, 534.989843 ] }, { "date": "2025-08-15", "close": 569.812866, "volume": 1430552, "typical_volume": 2015350.9, "trend": 522.63103, "fair_value": 432.617784, "relative_strength": 5.292954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.8472, "energy": 20.570934, "activity_lines": [ 547.3901, 545.46148, 548.826047, 538.211946 ] }, { "date": "2025-08-22", "close": 571.043213, "volume": 1161028, "typical_volume": 1937425.2, "trend": 525.50523, "fair_value": 434.000668, "relative_strength": 3.662049, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.954499, "energy": 37.733249, "activity_lines": [ 556.760498, 550.059937, 551.598185, 541.335313 ] }, { "date": "2025-08-29", "close": 565.823364, "volume": 2239985, "typical_volume": 1847906.2, "trend": 528.16405, "fair_value": 435.454598, "relative_strength": 3.396075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.525878, "energy": 48.516751, "activity_lines": [ 562.555892, 553.41664, 553.424908, 543.936483 ] }, { "date": "2025-09-05", "close": 593.45166, "volume": 1383212, "typical_volume": 1863489.3, "trend": 531.893247, "fair_value": 437.018406, "relative_strength": 5.030359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.339039, "energy": 70.877241, "activity_lines": [ 574.89233, 561.280776, 557.477982, 548.148587 ] }, { "date": "2025-09-12", "close": 595.232056, "volume": 1465445, "typical_volume": 1804966.95, "trend": 535.210503, "fair_value": 438.636203, "relative_strength": 2.954972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.272852, "energy": 73.848729, "activity_lines": [ 583.955754, 568.716135, 561.21135, 552.234962 ] }, { "date": "2025-09-19", "close": 577.875793, "volume": 1734085, "typical_volume": 1781581.9, "trend": 538.466198, "fair_value": 440.274088, "relative_strength": 0.89974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.285256, "energy": 64.453789, "activity_lines": [ 583.556807, 572.387892, 563.038959, 554.987561 ] }, { "date": "2025-09-26", "close": 580.979797, "volume": 1270859, "typical_volume": 1735812.8, "trend": 541.936281, "fair_value": 441.981527, "relative_strength": -0.39139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.60955, "energy": 57.791182, "activity_lines": [ 583.655001, 575.873561, 564.937575, 557.730374 ] }, { "date": "2025-10-03", "close": 554.322388, "volume": 1990799, "typical_volume": 1758801.25, "trend": 544.956313, "fair_value": 443.412815, "relative_strength": -4.501612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.173018, "energy": 28.913523, "activity_lines": [ 574.204952, 573.831293, 564.118019, 558.529477 ] }, { "date": "2025-10-10", "close": 553.968994, "volume": 1748962, "typical_volume": 1767742.6, "trend": 546.988941, "fair_value": 444.799056, "relative_strength": -2.381137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.976599, "energy": 15.268818, "activity_lines": [ 565.403837, 571.206139, 563.401381, 559.110941 ] }, { "date": "2025-10-17", "close": 534.417786, "volume": 4744777, "typical_volume": 1870948.7, "trend": 548.42274, "fair_value": 445.98327, "relative_strength": -7.542574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.735805, "energy": 15.320376, "activity_lines": [ 552.71783, 564.689592, 560.927072, 558.299899 ] }, { "date": "2025-10-24", "close": 538.094971, "volume": 1981542, "typical_volume": 1887226.2, "trend": 550.130845, "fair_value": 447.166203, "relative_strength": -5.97626, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.918873, "energy": 28.778052, "activity_lines": [ 545.311837, 558.944534, 559.0211, 557.633591 ] }, { "date": "2025-10-31", "close": 536.910645, "volume": 2245238, "typical_volume": 1916651.0, "trend": 552.131097, "fair_value": 448.324635, "relative_strength": -8.533136, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.921876, "energy": 34.042726, "activity_lines": [ 540.163123, 553.560832, 557.19008, 556.780675 ] }, { "date": "2025-11-07", "close": 543.577332, "volume": 1550947, "typical_volume": 1800086.45, "trend": 554.223969, "fair_value": 449.405101, "relative_strength": -8.226832, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.521414, "energy": 36.102746, "activity_lines": [ 540.174581, 550.009848, 556.079862, 556.228819 ] }, { "date": "2025-11-14", "close": 524.837891, "volume": 1309006, "typical_volume": 1783965.55, "trend": 555.361715, "fair_value": 450.370229, "relative_strength": -9.77544, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.064693, "energy": 55.817028, "activity_lines": [ 534.655896, 543.456166, 553.155754, 554.332943 ] }, { "date": "2025-11-21", "close": 527.349854, "volume": 1221201, "typical_volume": 1779073.95, "trend": 554.868453, "fair_value": 451.335214, "relative_strength": -8.548608, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.700376, "energy": 52.481995, "activity_lines": [ 531.916606, 538.606728, 550.600533, 552.525726 ] }, { "date": "2025-11-28", "close": 542.533691, "volume": 2564205, "typical_volume": 1805072.0, "trend": 555.262659, "fair_value": 452.373695, "relative_strength": -8.383033, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.723027, "energy": 34.915888, "activity_lines": [ 534.70979, 537.752209, 549.655424, 551.729935 ] }, { "date": "2025-12-05", "close": 537.646667, "volume": 1756885, "typical_volume": 1840498.9, "trend": 555.073828, "fair_value": 453.339903, "relative_strength": -8.793354, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.308532, "energy": 34.893659, "activity_lines": [ 535.578052, 536.651724, 548.216632, 550.593419 ] }, { "date": "2025-12-12", "close": 568.872864, "volume": 1164657, "typical_volume": 1818210.8, "trend": 554.602816, "fair_value": 454.601007, "relative_strength": -5.412638, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.587107, "energy": 10.586812, "activity_lines": [ 546.805977, 542.016604, 549.77972, 551.48368 ] }, { "date": "2025-12-19", "close": 574.388, "volume": 3490753, "typical_volume": 1882979.75, "trend": 554.553011, "fair_value": 455.795555, "relative_strength": -3.344182, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.981564, "energy": 17.800336, "activity_lines": [ 558.185913, 548.119682, 551.662939, 552.760143 ] }, { "date": "2025-12-26", "close": 578.990479, "volume": 800630, "typical_volume": 1862738.4, "trend": 554.511867, "fair_value": 457.194802, "relative_strength": -4.956573, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.895858, "energy": 28.316865, "activity_lines": [ 567.796667, 554.68832, 553.799091, 554.336754 ] }, { "date": "2026-01-02", "close": 567.0672, "volume": 640003, "typical_volume": 1823210.95, "trend": 554.163389, "fair_value": 458.323833, "relative_strength": -4.667214, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.969707, "energy": 40.170725, "activity_lines": [ 569.990287, 558.278677, 554.614394, 555.146776 ] }, { "date": "2026-01-09", "close": 568.372375, "volume": 1610718, "typical_volume": 1845695.45, "trend": 554.610958, "fair_value": 459.369813, "relative_strength": -7.099415, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.274146, "energy": 46.407533, "activity_lines": [ 570.983398, 561.57957, 555.567074, 556.063484 ] }, { "date": "2026-01-16", "close": 556.910339, "volume": 1503070, "typical_volume": 1808849.7, "trend": 555.259664, "fair_value": 460.201193, "relative_strength": -10.163317, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.293778, "energy": 29.704162, "activity_lines": [ 566.10745, 562.224425, 555.440851, 556.211832 ] }, { "date": "2026-01-23", "close": 576.654907, "volume": 2542768, "typical_volume": 1866827.5, "trend": 556.079327, "fair_value": 461.213686, "relative_strength": -8.227921, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.169933, "energy": 26.637855, "activity_lines": [ 568.610526, 566.216783, 557.237505, 557.59217 ] }, { "date": "2026-01-30", "close": 593.151245, "volume": 2707997, "typical_volume": 1928955.1, "trend": 557.124485, "fair_value": 462.38698, "relative_strength": -4.627333, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.43063, "energy": 38.242, "activity_lines": [ 576.461255, 572.266348, 560.685223, 559.983906 ] }, { "date": "2026-02-06", "close": 623.464844, "volume": 2393354, "typical_volume": 1961918.55, "trend": 560.019948, "fair_value": 463.827267, "relative_strength": -4.235934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.742584, "energy": 69.358522, "activity_lines": [ 593.472465, 582.631088, 567.02986, 564.26393 ] }, { "date": "2026-02-13", "close": 627.929871, "volume": 2042820, "typical_volume": 2000516.6, "trend": 562.833698, "fair_value": 465.225487, "relative_strength": -4.376781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.14628, "energy": 81.772701, "activity_lines": [ 608.212175, 592.336175, 573.582646, 568.645215 ] }, { "date": "2026-02-20", "close": 638.538208, "volume": 1057021, "typical_volume": 1953827.7, "trend": 566.59172, "fair_value": 466.678722, "relative_strength": -2.70431, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.304491, "energy": 86.982125, "activity_lines": [ 622.517497, 602.328538, 580.922178, 573.529377 ] }, { "date": "2026-02-27", "close": 608.754517, "volume": 2866211, "typical_volume": 2009690.15, "trend": 569.035055, "fair_value": 467.828279, "relative_strength": -7.088125, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.410614, "energy": 77.023473, "activity_lines": [ 621.453064, 605.639042, 585.024141, 576.249557 ] }, { "date": "2026-03-06", "close": 582.945313, "volume": 2426455, "typical_volume": 1893774.05, "trend": 570.463971, "fair_value": 468.789728, "relative_strength": -5.595332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.240976, "energy": 44.644351, "activity_lines": [ 609.64559, 603.632117, 586.407201, 577.146993 ] }, { "date": "2026-03-13", "close": 557.155701, "volume": 2144108, "typical_volume": 1901902.35, "trend": 570.042066, "fair_value": 469.628182, "relative_strength": -7.307898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.247822, "energy": 15.318448, "activity_lines": [ 589.921973, 596.864266, 585.103024, 576.288395 ] }, { "date": "2026-03-20", "close": 561.267517, "volume": 2451676, "typical_volume": 1912224.25, "trend": 569.716209, "fair_value": 470.448685, "relative_strength": -4.303343, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.204689, "energy": 20.900843, "activity_lines": [ 575.989571, 591.024227, 584.099683, 575.722295 ] }, { "date": "2026-03-27", "close": 584.260254, "volume": 2426538, "typical_volume": 1956003.8, "trend": 570.330772, "fair_value": 471.386733, "relative_strength": -4.114032, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.71965, "energy": 24.659155, "activity_lines": [ 574.165572, 589.493864, 585.170141, 576.660621 ] }, { "date": "2026-04-03", "close": 599.284607, "volume": 1450095, "typical_volume": 1963058.25, "trend": 570.525204, "fair_value": 472.395474, "relative_strength": -5.77129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.513575, "energy": 22.328107, "activity_lines": [ 580.968221, 590.197932, 587.477762, 578.52861 ] }, { "date": "2026-04-10", "close": 591.23761, "volume": 1636804, "typical_volume": 1983838.4, "trend": 570.392055, "fair_value": 473.384666, "relative_strength": -7.288812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.708968, "energy": 13.879182, "activity_lines": [ 585.719865, 589.027459, 588.664495, 579.864895 ] }, { "date": "2026-04-17", "close": 577.538147, "volume": 1591802, "typical_volume": 1935218.25, "trend": 570.3808, "fair_value": 474.48884, "relative_strength": -8.99177, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.592059, "energy": 10.687098, "activity_lines": [ 585.352201, 585.400969, 588.242288, 580.325933 ] }, { "date": "2026-04-24", "close": 543.701477, "volume": 1971708, "typical_volume": 1945959.4, "trend": 569.13819, "fair_value": 475.350902, "relative_strength": -13.274082, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.944212, "energy": 8.139212, "activity_lines": [ 572.346818, 576.457388, 584.430855, 578.604686 ] }, { "date": "2026-05-01", "close": 521.268066, "volume": 1483494, "typical_volume": 1961901.25, "trend": 568.036379, "fair_value": 476.143976, "relative_strength": -14.840301, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.672687, "energy": 44.948763, "activity_lines": [ 553.0347, 564.96643, 578.454073, 575.516291 ] }, { "date": "2026-05-08", "close": 521.690063, "volume": 2158140, "typical_volume": 1895270.6, "trend": 566.960415, "fair_value": 476.922388, "relative_strength": -16.8291, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.552695, "energy": 58.039908, "activity_lines": [ 538.062728, 555.684383, 572.744171, 572.526206 ] }, { "date": "2026-05-15", "close": 503.653015, "volume": 1435140, "typical_volume": 1926996.1, "trend": 565.934922, "fair_value": 477.580186, "relative_strength": -17.015011, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.956929, "energy": 69.963858, "activity_lines": [ 522.251375, 544.705863, 565.567397, 568.441858 ] }, { "date": "2026-05-22", "close": 513.250549, "volume": 1893536, "typical_volume": 1989672.75, "trend": 565.106775, "fair_value": 478.278474, "relative_strength": -15.447771, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.743833, "energy": 76.686081, "activity_lines": [ 515.478174, 536.914027, 559.663424, 565.042866 ] }, { "date": "2026-05-29", "close": 513.919983, "volume": 3345146, "typical_volume": 2076394.15, "trend": 564.34042, "fair_value": 479.013829, "relative_strength": -15.185285, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.623647, "energy": 74.031764, "activity_lines": [ 513.213957, 530.042182, 554.079477, 561.740492 ] }, { "date": "2026-06-05", "close": 493.309998, "volume": 208563, "typical_volume": 2011668.8, "trend": 562.664842, "fair_value": 479.613121, "relative_strength": -15.115647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.818316, "energy": 78.008446, "activity_lines": [ 506.065177, 520.283931, 546.791971, 557.157884 ] }, { "date": "2026-06-12", "close": 494.970001, "volume": 370837, "typical_volume": 1903072.25, "trend": 561.669245, "fair_value": 480.147322, "relative_strength": -16.668862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.026809, "energy": 72.385972, "activity_lines": [ 501.333604, 512.48114, 539.965419, 552.790475 ] }, { "date": "2026-06-19", "close": 544.130005, "volume": 1636520, "typical_volume": 1849498.4, "trend": 562.228584, "fair_value": 481.145674, "relative_strength": -7.747758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.949134, "energy": 43.144956, "activity_lines": [ 514.770036, 515.513161, 538.209748, 551.658911 ] }, { "date": "2026-06-26", "close": 536.73999, "volume": 176284, "typical_volume": 1738644.9, "trend": 562.03546, "fair_value": 482.100913, "relative_strength": -8.019781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.347736, "energy": 33.306659, "activity_lines": [ 523.044663, 518.058044, 535.983701, 550.014486 ] }, { "date": "2026-07-03", "close": 531.030029, "volume": 66911, "typical_volume": 1639849.45, "trend": 561.814906, "fair_value": 482.975244, "relative_strength": -8.414298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.718132, "energy": 22.277427, "activity_lines": [ 527.850008, 520.306538, 533.626823, 548.014136 ] }, { "date": "2026-07-10", "close": 497.709991, "volume": 2014800, "typical_volume": 1687738.4, "trend": 559.44281, "fair_value": 483.662267, "relative_strength": -13.04618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.089941, "energy": 27.825815, "activity_lines": [ 520.408003, 516.727233, 528.558036, 543.878335 ] }, { "date": "2026-07-17", "close": 490.0, "volume": 1501182, "typical_volume": 1619486.95, "trend": 556.629877, "fair_value": 484.371755, "relative_strength": -14.128436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.385917, "energy": 41.867877, "activity_lines": [ 510.102669, 512.174439, 523.425575, 539.398153 ] }, { "date": "2026-07-24", "close": 468.209991, "volume": 1288808, "typical_volume": 1562604.6, "trend": 552.937194, "fair_value": 484.911386, "relative_strength": -17.243006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.149963, "energy": 70.144729, "activity_lines": [ 492.865332, 504.236009, 516.783373, 533.693645 ] }, { "date": "2026-07-31", "close": 479.630005, "volume": 1732610, "typical_volume": 1542029.7, "trend": 550.022621, "fair_value": 485.559803, "relative_strength": -15.497733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.681425, "energy": 76.13809, "activity_lines": [ 484.496, 499.018364, 511.77515, 528.964148 ] }, { "date": "2026-08-07", "close": 475.589996, "volume": 1408958, "typical_volume": 1489893.8, "trend": 546.929875, "fair_value": 486.184399, "relative_strength": -15.792275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.378518, "energy": 76.73551, "activity_lines": [ 478.587331, 493.677455, 506.751334, 524.162044 ] } ], "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." } } }