{ "ticker": { "uuid": "74472946-93ea-4986-b3de-5da3213b60cb", "symbol": "SKIS-B", "name": "SkiStar AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 53.841, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 21.283, "architecture_energy": 23.91, "architecture_maturity": 3.047, "architecture_confidence": 58.89, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 41.58, "rotation_up": 56.35, "upward_expansion": 43.32, "deceleration": 29.1, "rotation_down": 17.18, "downward_expansion": 15.98 }, "activity_lines": [ 163.786666, 162.345454, 159.430952, 160.461075 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 164.699997, "trend_reference": 162.573334, "distance_from_trend": 0.013081, "trend_direction": "Weakening", "fair_value": 149.605271, "distance_from_fair_value": 0.100897, "fair_value_direction": "Improving", "relative_strength": -9.310121, "relative_strength_direction": "Improving", "price_momentum": -0.046323, "excess_performance": -0.107817, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.013081, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.011782, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.100897, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016757, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.093101, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.019022, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.046323, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.936987, "read": "Supply-led" } ], "volume": { "latest": 111614, "relative_activity": 0.537479, "balance": 0.936987, "dry_up": 0.607807, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.039933, "annualized_volatility": 0.184796, "from_high_reference": -0.066856, "from_low_reference": 0.142956 }, "levels": { "trend_reference": 162.573334, "fair_value_reference": 149.605271, "structural_low": 144.100006, "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": 4, "median_return": 0.028126, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.041676, "regime_survival": 0.25, "best_return": 0.134291, "worst_return": -0.087521, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.071315, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.106916, "regime_survival": 0.0, "best_return": 0.230574, "worst_return": -0.195389, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.059589, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.225103, "regime_survival": 0.0, "best_return": 0.251689, "worst_return": -0.430259, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.114262, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.066263, "regime_survival": 0.0, "best_return": 0.455237, "worst_return": -0.226713, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-01-03", "tenure": "Established", "return": 0.027043, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.108176, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.063793, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-06-20", "tenure": "Established", "return": -0.069767, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-27", "end": "2025-09-19", "tenure": "Established", "return": 0.027079, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-14", "tenure": "Developing", "return": 0.044529, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.061893, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": -0.034018, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.04921, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.078567, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-08", "tenure": "Developing", "return": -0.004411, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": 0.068738, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": 0.03995, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 103.346214, "volume": 148769, "typical_volume": 285382.75, "trend": 113.769084, "fair_value": 124.390309, "relative_strength": -7.430825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.577679, "energy": 37.622489, "activity_lines": [ 105.57766, 105.689402, 110.486299, 112.612997 ] }, { "date": "2023-08-25", "close": 105.71003, "volume": 162164, "typical_volume": 267327.4, "trend": 113.677683, "fair_value": 124.441435, "relative_strength": -4.790851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.749541, "energy": 34.372786, "activity_lines": [ 105.546142, 105.596568, 109.588047, 112.093058 ] }, { "date": "2023-09-01", "close": 110.343117, "volume": 247226, "typical_volume": 263332.95, "trend": 113.639861, "fair_value": 124.524603, "relative_strength": -1.819295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.622453, "energy": 24.339343, "activity_lines": [ 107.008557, 106.47505, 109.216589, 111.877925 ] }, { "date": "2023-09-08", "close": 105.048164, "volume": 583119, "typical_volume": 276302.7, "trend": 113.444452, "fair_value": 124.511764, "relative_strength": -5.66728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.042994, "energy": 28.290151, "activity_lines": [ 106.504276, 106.249843, 108.417843, 111.323622 ] }, { "date": "2023-09-15", "close": 106.750107, "volume": 185405, "typical_volume": 269867.3, "trend": 113.220677, "fair_value": 124.500466, "relative_strength": -4.554026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.423466, "energy": 22.695479, "activity_lines": [ 106.649254, 106.408003, 107.85683, 110.891728 ] }, { "date": "2023-09-22", "close": 104.29174, "volume": 319444, "typical_volume": 270816.7, "trend": 113.078848, "fair_value": 124.479265, "relative_strength": -5.090222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.49938, "energy": 30.531293, "activity_lines": [ 105.999992, 106.079647, 107.147233, 110.315668 ] }, { "date": "2023-09-29", "close": 105.71003, "volume": 331606, "typical_volume": 273737.75, "trend": 112.914956, "fair_value": 124.394551, "relative_strength": -3.083276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.874186, "energy": 31.99344, "activity_lines": [ 105.760458, 106.005723, 106.696982, 109.84026 ] }, { "date": "2023-10-06", "close": 104.386299, "volume": 622674, "typical_volume": 297960.3, "trend": 112.722699, "fair_value": 124.335312, "relative_strength": -4.194682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.547384, "energy": 33.079567, "activity_lines": [ 105.079681, 105.677369, 106.218816, 109.290025 ] }, { "date": "2023-10-13", "close": 95.403786, "volume": 576529, "typical_volume": 315721.55, "trend": 112.29406, "fair_value": 124.24894, "relative_strength": -13.687109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.777305, "energy": 59.690976, "activity_lines": [ 101.801854, 103.769123, 105.004939, 108.172675 ] }, { "date": "2023-10-20", "close": 94.931015, "volume": 467546, "typical_volume": 328869.45, "trend": 111.774019, "fair_value": 124.177102, "relative_strength": -9.362948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.634797, "energy": 68.280307, "activity_lines": [ 99.009394, 101.97262, 103.87841, 107.052479 ] }, { "date": "2023-10-27", "close": 96.632957, "volume": 393873, "typical_volume": 327663.4, "trend": 111.068025, "fair_value": 124.212199, "relative_strength": -6.423401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.809155, "energy": 68.768818, "activity_lines": [ 97.572189, 100.70733, 103.066156, 106.075636 ] }, { "date": "2023-11-03", "close": 103.062553, "volume": 257526, "typical_volume": 324565.6, "trend": 110.380941, "fair_value": 124.277972, "relative_strength": -3.773188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.945173, "energy": 55.411817, "activity_lines": [ 98.788767, 100.733117, 102.922526, 105.559154 ] }, { "date": "2023-11-10", "close": 102.968002, "volume": 201602, "typical_volume": 297414.05, "trend": 109.596152, "fair_value": 124.339626, "relative_strength": -3.259447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.273807, "energy": 35.543218, "activity_lines": [ 100.150327, 100.789849, 102.816266, 105.0809 ] }, { "date": "2023-11-17", "close": 107.128334, "volume": 256202, "typical_volume": 297150.7, "trend": 109.135995, "fair_value": 124.482401, "relative_strength": -3.110466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.830847, "energy": 14.031677, "activity_lines": [ 102.993218, 101.737098, 103.104428, 104.921686 ] }, { "date": "2023-11-24", "close": 108.924828, "volume": 222700, "typical_volume": 294008.2, "trend": 108.609651, "fair_value": 124.626153, "relative_strength": -2.7282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.616082, "energy": 17.529922, "activity_lines": [ 105.653303, 102.973161, 103.57314, 104.908062 ] }, { "date": "2023-12-01", "close": 105.520927, "volume": 412292, "typical_volume": 305491.05, "trend": 107.780738, "fair_value": 124.734619, "relative_strength": -6.444188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.705167, "energy": 20.708749, "activity_lines": [ 106.245834, 103.550792, 103.696959, 104.70879 ] }, { "date": "2023-12-08", "close": 112.045074, "volume": 714334, "typical_volume": 331548.3, "trend": 107.304823, "fair_value": 124.840407, "relative_strength": -3.221457, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.293743, "energy": 30.216148, "activity_lines": [ 108.420549, 105.292283, 104.435372, 104.983908 ] }, { "date": "2023-12-15", "close": 114.461922, "volume": 468368, "typical_volume": 345866.3, "trend": 106.802309, "fair_value": 124.982766, "relative_strength": -4.081781, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.140974, "energy": 48.023929, "activity_lines": [ 110.802045, 107.358018, 105.370192, 105.445656 ] }, { "date": "2023-12-22", "close": 115.138641, "volume": 706084, "typical_volume": 372902.3, "trend": 106.53352, "fair_value": 125.118923, "relative_strength": -3.066008, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.283455, "energy": 56.620952, "activity_lines": [ 112.642853, 109.3636, 106.33544, 105.983484 ] }, { "date": "2023-12-29", "close": 115.718681, "volume": 320205, "typical_volume": 379883.4, "trend": 106.161147, "fair_value": 125.235378, "relative_strength": -3.319955, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.928797, "energy": 71.903037, "activity_lines": [ 114.142987, 111.115829, 107.313733, 106.576075 ] }, { "date": "2024-01-05", "close": 124.806038, "volume": 899706, "typical_volume": 417430.25, "trend": 106.70628, "fair_value": 125.400718, "relative_strength": 6.911551, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.974988, "energy": 84.984713, "activity_lines": [ 118.219317, 114.142346, 109.116582, 107.778972 ] }, { "date": "2024-01-12", "close": 129.833084, "volume": 494224, "typical_volume": 434033.25, "trend": 107.274, "fair_value": 125.558466, "relative_strength": 10.187407, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.016368, "energy": 94.509072, "activity_lines": [ 122.685655, 117.570634, 111.296008, 109.271023 ] }, { "date": "2024-01-19", "close": 121.905807, "volume": 321267, "typical_volume": 437735.3, "trend": 107.917867, "fair_value": 125.637294, "relative_strength": 5.946698, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.074091, "energy": 84.426133, "activity_lines": [ 123.323699, 119.070862, 112.605583, 110.215011 ] }, { "date": "2024-01-26", "close": 123.452591, "volume": 251390, "typical_volume": 421148.85, "trend": 108.395823, "fair_value": 125.711985, "relative_strength": 3.914729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.769935, "energy": 83.436133, "activity_lines": [ 123.981079, 120.508, 114.007411, 111.217251 ] }, { "date": "2024-02-02", "close": 123.64595, "volume": 298455, "typical_volume": 426801.35, "trend": 109.031508, "fair_value": 125.765666, "relative_strength": 4.030493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.522952, "energy": 73.789544, "activity_lines": [ 124.148649, 121.683489, 115.340014, 112.20113 ] }, { "date": "2024-02-09", "close": 120.26236, "volume": 293195, "typical_volume": 425488.9, "trend": 109.570165, "fair_value": 125.807026, "relative_strength": 1.821171, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.387589, "energy": 48.479052, "activity_lines": [ 122.659871, 121.976123, 116.269913, 112.925701 ] }, { "date": "2024-02-16", "close": 121.42244, "volume": 251124, "typical_volume": 421464.8, "trend": 110.119127, "fair_value": 125.858164, "relative_strength": 0.393573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.384324, "energy": 40.488313, "activity_lines": [ 121.860699, 122.211655, 117.234246, 113.690364 ] }, { "date": "2024-02-23", "close": 127.996262, "volume": 233664, "typical_volume": 402014.3, "trend": 110.808421, "fair_value": 125.93856, "relative_strength": 4.54153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.387813, "energy": 49.504094, "activity_lines": [ 123.813509, 123.47193, 118.749837, 114.843728 ] }, { "date": "2024-03-01", "close": 125.096046, "volume": 365695, "typical_volume": 391472.6, "trend": 111.435711, "fair_value": 126.015589, "relative_strength": 1.025642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.164449, "energy": 44.682951, "activity_lines": [ 124.393551, 123.958814, 119.876787, 115.76551 ] }, { "date": "2024-03-08", "close": 127.319542, "volume": 313311, "typical_volume": 383760.85, "trend": 112.108751, "fair_value": 126.053003, "relative_strength": 1.701907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.89781, "energy": 50.716726, "activity_lines": [ 125.605195, 124.668926, 121.074108, 116.790273 ] }, { "date": "2024-03-15", "close": 140.853897, "volume": 597147, "typical_volume": 393924.55, "trend": 113.359007, "fair_value": 126.266175, "relative_strength": 10.315977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.239364, "energy": 79.702946, "activity_lines": [ 131.083384, 127.628905, 123.406184, 118.644799 ] }, { "date": "2024-03-22", "close": 147.23439, "volume": 1047959, "typical_volume": 433446.2, "trend": 114.743153, "fair_value": 126.540155, "relative_strength": 15.054098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.327872, "energy": 91.744438, "activity_lines": [ 137.315635, 131.457194, 126.13535, 120.830308 ] }, { "date": "2024-03-29", "close": 155.935043, "volume": 475833, "typical_volume": 447157.75, "trend": 116.262884, "fair_value": 126.830093, "relative_strength": 22.214468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.403108, "energy": 96.384909, "activity_lines": [ 144.727306, 136.551033, 129.482807, 123.487849 ] }, { "date": "2024-04-05", "close": 147.524414, "volume": 392886, "typical_volume": 453991.95, "trend": 117.678759, "fair_value": 127.056748, "relative_strength": 16.143542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.571714, "energy": 88.482981, "activity_lines": [ 147.47285, 139.496954, 131.777028, 125.504722 ] }, { "date": "2024-04-12", "close": 146.557678, "volume": 416406, "typical_volume": 463677.25, "trend": 119.005678, "fair_value": 127.257299, "relative_strength": 15.184729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.91876, "energy": 86.723019, "activity_lines": [ 148.400923, 141.829434, 133.786817, 127.367878 ] }, { "date": "2024-04-19", "close": 141.530609, "volume": 352175, "typical_volume": 460671.4, "trend": 120.246973, "fair_value": 127.427382, "relative_strength": 11.337273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.499296, "energy": 64.307855, "activity_lines": [ 146.370765, 142.831325, 135.138633, 128.821099 ] }, { "date": "2024-04-26", "close": 148.39447, "volume": 305764, "typical_volume": 440242.9, "trend": 121.669788, "fair_value": 127.627997, "relative_strength": 14.06431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.455197, "energy": 58.74958, "activity_lines": [ 146.583446, 144.694496, 136.972675, 130.637067 ] }, { "date": "2024-05-03", "close": 149.65123, "volume": 160524, "typical_volume": 424850.7, "trend": 123.178619, "fair_value": 127.835497, "relative_strength": 15.796768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.326253, "energy": 55.777548, "activity_lines": [ 147.137708, 146.295768, 138.753317, 132.442321 ] }, { "date": "2024-05-10", "close": 154.098221, "volume": 159919, "typical_volume": 397542.45, "trend": 125.1351, "fair_value": 128.075016, "relative_strength": 15.160935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.890334, "energy": 58.89662, "activity_lines": [ 149.593222, 148.311857, 140.789913, 134.437134 ] }, { "date": "2024-05-17", "close": 153.711533, "volume": 386317, "typical_volume": 400848.05, "trend": 127.094451, "fair_value": 128.304445, "relative_strength": 15.897335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.730245, "energy": 58.977429, "activity_lines": [ 151.481586, 149.730326, 142.604161, 136.280775 ] }, { "date": "2024-05-24", "close": 157.578476, "volume": 199248, "typical_volume": 365825.15, "trend": 129.125968, "fair_value": 128.5329, "relative_strength": 17.545327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.942268, "energy": 62.949815, "activity_lines": [ 154.182007, 151.372022, 144.60577, 138.247486 ] }, { "date": "2024-05-31", "close": 155.838348, "volume": 286309, "typical_volume": 355429.4, "trend": 130.885161, "fair_value": 128.727364, "relative_strength": 16.96007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.128357, "energy": 60.928105, "activity_lines": [ 155.232528, 152.393248, 146.285593, 139.970866 ] }, { "date": "2024-06-07", "close": 152.068085, "volume": 169143, "typical_volume": 347823.2, "trend": 132.521831, "fair_value": 128.866628, "relative_strength": 12.822498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.303464, "energy": 53.185885, "activity_lines": [ 154.530035, 152.572536, 147.482509, 141.337506 ] }, { "date": "2024-06-14", "close": 143.270752, "volume": 239632, "typical_volume": 347235.3, "trend": 133.726578, "fair_value": 128.959452, "relative_strength": 8.568617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.00342, "energy": 37.484273, "activity_lines": [ 150.733975, 151.222617, 147.697954, 142.030985 ] }, { "date": "2024-06-21", "close": 140.660553, "volume": 233443, "typical_volume": 343984.7, "trend": 134.784435, "fair_value": 129.025591, "relative_strength": 5.740913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.705154, "energy": 20.781137, "activity_lines": [ 146.78968, 149.475456, 147.570437, 142.478338 ] }, { "date": "2024-06-28", "close": 143.464096, "volume": 328142, "typical_volume": 345732.05, "trend": 136.049208, "fair_value": 129.076912, "relative_strength": 7.685328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.361007, "energy": 25.774168, "activity_lines": [ 144.649964, 148.34525, 147.628901, 143.038316 ] }, { "date": "2024-07-05", "close": 147.524414, "volume": 135947, "typical_volume": 339973.2, "trend": 137.231852, "fair_value": 129.135525, "relative_strength": 10.834371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.722033, "energy": 21.699262, "activity_lines": [ 144.804647, 147.918129, 147.963578, 143.778652 ] }, { "date": "2024-07-12", "close": 152.358109, "volume": 130389, "typical_volume": 334809.45, "trend": 138.495059, "fair_value": 129.215169, "relative_strength": 10.76744, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.520781, "energy": 18.982086, "activity_lines": [ 147.124823, 148.385682, 148.634312, 144.754539 ] }, { "date": "2024-07-19", "close": 151.584702, "volume": 91507, "typical_volume": 321100.05, "trend": 139.709927, "fair_value": 129.24477, "relative_strength": 12.287194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.272448, "energy": 27.094262, "activity_lines": [ 149.167862, 148.663399, 149.11538, 145.599032 ] }, { "date": "2024-07-26", "close": 152.744781, "volume": 89844, "typical_volume": 309926.7, "trend": 140.944131, "fair_value": 129.281808, "relative_strength": 12.312464, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.834279, "energy": 36.211403, "activity_lines": [ 151.043331, 149.19774, 149.580794, 146.439991 ] }, { "date": "2024-08-02", "close": 146.460983, "volume": 114827, "typical_volume": 285810.7, "trend": 141.665962, "fair_value": 129.263341, "relative_strength": 12.10949, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.799355, "energy": 27.589738, "activity_lines": [ 150.018585, 148.607149, 149.326679, 146.795917 ] }, { "date": "2024-08-09", "close": 147.427734, "volume": 220717, "typical_volume": 244448.6, "trend": 142.252451, "fair_value": 129.239362, "relative_strength": 12.770912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.523718, "energy": 19.055659, "activity_lines": [ 149.116297, 148.394467, 149.137935, 147.167644 ] }, { "date": "2024-08-16", "close": 146.557678, "volume": 121582, "typical_volume": 226736.05, "trend": 143.07418, "fair_value": 129.219173, "relative_strength": 8.42822, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.108964, "energy": 7.468187, "activity_lines": [ 147.930436, 148.176514, 148.865408, 147.445401 ] }, { "date": "2024-08-23", "close": 153.131485, "volume": 157431, "typical_volume": 214963.3, "trend": 144.063476, "fair_value": 129.154468, "relative_strength": 11.704821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.407048, "energy": 16.282517, "activity_lines": [ 149.322539, 149.253988, 149.263612, 148.094259 ] }, { "date": "2024-08-30", "close": 157.481812, "volume": 193282, "typical_volume": 203807.1, "trend": 145.191338, "fair_value": 129.10711, "relative_strength": 12.841726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.660687, "energy": 32.618456, "activity_lines": [ 152.061632, 150.943144, 150.049433, 148.959958 ] }, { "date": "2024-09-06", "close": 149.361206, "volume": 125637, "typical_volume": 192480.2, "trend": 146.1613, "fair_value": 129.027019, "relative_strength": 11.506473, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 43.604705, "energy": 28.761336, "activity_lines": [ 151.778055, 150.849985, 150.009843, 149.228982 ] }, { "date": "2024-09-13", "close": 152.261429, "volume": 141470, "typical_volume": 184265.5, "trend": 147.189266, "fair_value": 128.960835, "relative_strength": 11.220178, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.918421, "energy": 37.743197, "activity_lines": [ 152.26787, 151.176919, 150.209176, 149.622539 ] }, { "date": "2024-09-20", "close": 154.968292, "volume": 120989, "typical_volume": 182288.75, "trend": 148.088334, "fair_value": 128.889168, "relative_strength": 10.361518, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.166537, "energy": 45.750445, "activity_lines": [ 153.337727, 151.909883, 150.647891, 150.124411 ] }, { "date": "2024-09-27", "close": 158.738571, "volume": 203821, "typical_volume": 184483.85, "trend": 149.209751, "fair_value": 128.907246, "relative_strength": 10.032561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.632632, "energy": 44.544919, "activity_lines": [ 155.103636, 153.280894, 151.420361, 150.811523 ] }, { "date": "2024-10-04", "close": 156.418396, "volume": 584850, "typical_volume": 194410.5, "trend": 150.179713, "fair_value": 128.949682, "relative_strength": 9.461564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.448011, "energy": 47.271267, "activity_lines": [ 155.722347, 154.099985, 151.949765, 151.276597 ] }, { "date": "2024-10-11", "close": 153.131485, "volume": 256241, "typical_volume": 197260.15, "trend": 150.588966, "fair_value": 128.941772, "relative_strength": 7.200127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.551715, "energy": 39.340921, "activity_lines": [ 155.316316, 154.254662, 152.15324, 151.467034 ] }, { "date": "2024-10-18", "close": 155.161636, "volume": 247472, "typical_volume": 195318.3, "trend": 150.853207, "fair_value": 128.92404, "relative_strength": 7.857049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.558379, "energy": 31.268983, "activity_lines": [ 155.335649, 154.657176, 152.57124, 151.762045 ] }, { "date": "2024-10-25", "close": 156.031708, "volume": 188553, "typical_volume": 196288.8, "trend": 150.85643, "fair_value": 128.87617, "relative_strength": 8.057529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.669675, "energy": 27.084744, "activity_lines": [ 155.45166, 155.077269, 153.075325, 152.096142 ] }, { "date": "2024-11-01", "close": 160.18869, "volume": 244572, "typical_volume": 196535.8, "trend": 151.278572, "fair_value": 128.836795, "relative_strength": 11.909426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.726284, "energy": 34.023566, "activity_lines": [ 156.882437, 156.080921, 153.956439, 152.698223 ] }, { "date": "2024-11-08", "close": 164.152328, "volume": 155942, "typical_volume": 192660.75, "trend": 151.86506, "fair_value": 128.834539, "relative_strength": 14.004124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.75041, "energy": 60.341755, "activity_lines": [ 159.537752, 157.676922, 155.134481, 153.528788 ] }, { "date": "2024-11-15", "close": 163.475601, "volume": 189527, "typical_volume": 185730.0, "trend": 152.59656, "fair_value": 128.898793, "relative_strength": 15.093823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.040891, "energy": 66.459552, "activity_lines": [ 161.451896, 159.0286, 156.136207, 154.277855 ] }, { "date": "2024-11-22", "close": 164.345657, "volume": 212105, "typical_volume": 189537.9, "trend": 153.128266, "fair_value": 129.003754, "relative_strength": 14.872686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.779647, "energy": 71.403853, "activity_lines": [ 162.966451, 160.281844, 157.125503, 155.035861 ] }, { "date": "2024-11-29", "close": 162.41217, "volume": 220238, "typical_volume": 194030.35, "trend": 153.553631, "fair_value": 129.094565, "relative_strength": 12.85697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.106889, "energy": 66.686082, "activity_lines": [ 163.224242, 160.963832, 157.850556, 155.634823 ] }, { "date": "2024-12-06", "close": 167.535904, "volume": 202938, "typical_volume": 199601.9, "trend": 154.001554, "fair_value": 129.205339, "relative_strength": 11.360277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.849394, "energy": 68.097825, "activity_lines": [ 164.76458, 162.442065, 159.015707, 156.536905 ] }, { "date": "2024-12-13", "close": 166.569168, "volume": 233028, "typical_volume": 206761.1, "trend": 154.430142, "fair_value": 129.335325, "relative_strength": 12.579783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.847405, "energy": 57.253541, "activity_lines": [ 165.492859, 163.584576, 160.01283, 157.347719 ] }, { "date": "2024-12-20", "close": 160.967728, "volume": 350195, "typical_volume": 218529.5, "trend": 154.543117, "fair_value": 129.40695, "relative_strength": 11.768489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.150263, "energy": 38.078203, "activity_lines": [ 164.192868, 163.524084, 160.410652, 157.769499 ] }, { "date": "2024-12-27", "close": 161.360809, "volume": 96004, "typical_volume": 212293.85, "trend": 154.727199, "fair_value": 129.436777, "relative_strength": 10.736796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.805999, "energy": 30.638171, "activity_lines": [ 163.191096, 163.392584, 160.776831, 158.20935 ] }, { "date": "2025-01-03", "close": 163.031403, "volume": 124874, "typical_volume": 212458.45, "trend": 155.092643, "fair_value": 129.531085, "relative_strength": 10.518651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.566685, "energy": 24.414881, "activity_lines": [ 162.945178, 163.452116, 161.235765, 158.745105 ] }, { "date": "2025-01-10", "close": 156.250717, "volume": 208248, "typical_volume": 214999.3, "trend": 155.525308, "fair_value": 129.652835, "relative_strength": 5.171087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.762663, "energy": 16.236687, "activity_lines": [ 160.39775, 162.151529, 160.970474, 158.819819 ] }, { "date": "2025-01-17", "close": 159.395386, "volume": 278983, "typical_volume": 219284.35, "trend": 156.149803, "fair_value": 129.829607, "relative_strength": 3.183241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.96239, "energy": 17.419221, "activity_lines": [ 159.65089, 161.494299, 160.989822, 159.069502 ] }, { "date": "2025-01-24", "close": 160.672913, "volume": 282711, "typical_volume": 227138.05, "trend": 156.72343, "fair_value": 130.032296, "relative_strength": 1.703591, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.090619, "energy": 15.460984, "activity_lines": [ 159.808125, 161.155837, 161.121727, 159.361315 ] }, { "date": "2025-01-31", "close": 164.800278, "volume": 180917, "typical_volume": 229110.4, "trend": 157.299292, "fair_value": 130.246078, "relative_strength": 3.96378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.651827, "energy": 17.859274, "activity_lines": [ 161.360802, 161.618763, 161.592848, 159.882402 ] }, { "date": "2025-02-07", "close": 170.303467, "volume": 314999, "typical_volume": 238810.9, "trend": 157.897471, "fair_value": 130.45082, "relative_strength": 8.218634, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.618468, "energy": 36.511488, "activity_lines": [ 164.518578, 163.074003, 162.528374, 160.721381 ] }, { "date": "2025-02-14", "close": 173.153305, "volume": 203768, "typical_volume": 238808.25, "trend": 158.616424, "fair_value": 130.748283, "relative_strength": 6.444457, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.578071, "energy": 63.862022, "activity_lines": [ 168.141496, 164.903917, 163.662289, 161.705629 ] }, { "date": "2025-02-21", "close": 170.991348, "volume": 273466, "typical_volume": 223239.05, "trend": 159.224643, "fair_value": 131.023025, "relative_strength": 4.492199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.871871, "energy": 67.370782, "activity_lines": [ 169.916922, 166.238613, 164.521662, 162.504011 ] }, { "date": "2025-02-28", "close": 166.077805, "volume": 364709, "typical_volume": 228662.45, "trend": 159.878537, "fair_value": 131.307632, "relative_strength": 1.145091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.756166, "energy": 61.473572, "activity_lines": [ 169.281436, 166.599535, 164.843683, 162.94615 ] }, { "date": "2025-03-07", "close": 159.788483, "volume": 316138, "typical_volume": 232095.75, "trend": 160.290562, "fair_value": 131.473924, "relative_strength": -3.073953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.289185, "energy": 26.010325, "activity_lines": [ 166.189184, 165.724033, 164.505071, 162.940341 ] }, { "date": "2025-03-14", "close": 160.083282, "volume": 368014, "typical_volume": 241068.8, "trend": 160.741415, "fair_value": 131.554652, "relative_strength": -1.32818, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.569874, "energy": 12.142333, "activity_lines": [ 163.529317, 164.930719, 164.172504, 162.926968 ] }, { "date": "2025-03-21", "close": 164.800278, "volume": 785765, "typical_volume": 268128.45, "trend": 161.130375, "fair_value": 131.606527, "relative_strength": 3.476844, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.430587, "energy": 17.758423, "activity_lines": [ 163.123128, 165.048643, 164.26988, 163.18883 ] }, { "date": "2025-03-28", "close": 161.655624, "volume": 280750, "typical_volume": 274368.85, "trend": 161.269502, "fair_value": 131.593926, "relative_strength": 4.907832, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.856353, "energy": 17.234964, "activity_lines": [ 162.22559, 164.439364, 164.045806, 163.222717 ] }, { "date": "2025-04-04", "close": 154.678375, "volume": 434428, "typical_volume": 286613.9, "trend": 161.446741, "fair_value": 131.560235, "relative_strength": 11.281638, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.313353, "energy": 21.961211, "activity_lines": [ 159.624683, 162.5204, 163.169121, 162.797483 ] }, { "date": "2025-04-11", "close": 163.326218, "volume": 487487, "typical_volume": 300383.0, "trend": 161.815567, "fair_value": 131.573115, "relative_strength": 17.507853, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.975063, "energy": 10.595118, "activity_lines": [ 160.666353, 162.282763, 163.157932, 162.918739 ] }, { "date": "2025-04-18", "close": 166.274353, "volume": 168215, "typical_volume": 297781.85, "trend": 162.192436, "fair_value": 131.545212, "relative_strength": 15.159841, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.868479, "energy": 11.409489, "activity_lines": [ 162.454886, 162.607951, 163.432372, 163.206403 ] }, { "date": "2025-04-25", "close": 164.505463, "volume": 464299, "typical_volume": 310849.9, "trend": 162.384666, "fair_value": 131.465198, "relative_strength": 10.245605, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.500255, "energy": 11.99473, "activity_lines": [ 163.24105, 162.684779, 163.519955, 163.35563 ] }, { "date": "2025-05-02", "close": 165.193375, "volume": 186610, "typical_volume": 308529.0, "trend": 162.677165, "fair_value": 131.477638, "relative_strength": 8.829531, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.631353, "energy": 18.462083, "activity_lines": [ 164.276173, 163.043916, 163.687484, 163.536837 ] }, { "date": "2025-05-09", "close": 167.355331, "volume": 188803, "typical_volume": 300459.4, "trend": 163.151293, "fair_value": 131.53821, "relative_strength": 10.530369, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.919331, "energy": 23.849997, "activity_lines": [ 165.796098, 163.901553, 164.067465, 163.838655 ] }, { "date": "2025-05-16", "close": 168.927658, "volume": 484723, "typical_volume": 319895.35, "trend": 163.610161, "fair_value": 131.607678, "relative_strength": 7.155163, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.271334, "energy": 38.75973, "activity_lines": [ 166.995001, 165.02184, 164.566774, 164.211323 ] }, { "date": "2025-05-23", "close": 167.453598, "volume": 175758, "typical_volume": 322439.55, "trend": 163.990891, "fair_value": 131.715561, "relative_strength": 8.729532, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.087932, "energy": 39.157038, "activity_lines": [ 167.329122, 165.70795, 164.889664, 164.459287 ] }, { "date": "2025-05-30", "close": 167.158798, "volume": 203292, "typical_volume": 322191.75, "trend": 164.223227, "fair_value": 131.832191, "relative_strength": 7.584127, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.417072, "energy": 36.518771, "activity_lines": [ 167.48636, 166.206454, 165.16342, 164.663668 ] }, { "date": "2025-06-06", "close": 160.476364, "volume": 248503, "typical_volume": 320667.75, "trend": 164.100695, "fair_value": 131.939074, "relative_strength": 2.060884, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.867586, "energy": 11.048779, "activity_lines": [ 165.23923, 165.447087, 164.74881, 164.421935 ] }, { "date": "2025-06-13", "close": 154.481842, "volume": 338523, "typical_volume": 323458.35, "trend": 163.800903, "fair_value": 132.109167, "relative_strength": 0.507852, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.780508, "energy": 20.438693, "activity_lines": [ 161.308394, 163.619249, 163.758146, 163.801364 ] }, { "date": "2025-06-20", "close": 153.302597, "volume": 260581, "typical_volume": 327441.55, "trend": 163.432801, "fair_value": 132.323701, "relative_strength": 0.002865, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.226416, "energy": 55.480128, "activity_lines": [ 157.842709, 161.580575, 162.684654, 163.124054 ] }, { "date": "2025-06-27", "close": 152.418167, "volume": 1365847, "typical_volume": 379983.95, "trend": 163.099668, "fair_value": 132.478201, "relative_strength": -3.064209, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.94279, "energy": 68.621856, "activity_lines": [ 155.123885, 159.563344, 161.581682, 162.413432 ] }, { "date": "2025-07-04", "close": 152.221603, "volume": 254981, "typical_volume": 382544.6, "trend": 162.589191, "fair_value": 132.629078, "relative_strength": -3.519454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.174786, "energy": 74.108839, "activity_lines": [ 153.341901, 157.762305, 160.545157, 161.711622 ] }, { "date": "2025-07-11", "close": 151.730255, "volume": 181523, "typical_volume": 377947.45, "trend": 162.094561, "fair_value": 132.749033, "relative_strength": -5.109117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.961997, "energy": 77.798698, "activity_lines": [ 152.391948, 156.095273, 159.561512, 161.011045 ] }, { "date": "2025-07-18", "close": 150.845825, "volume": 224277, "typical_volume": 370925.85, "trend": 161.757164, "fair_value": 132.800683, "relative_strength": -5.730967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.246278, "energy": 74.982367, "activity_lines": [ 151.730259, 154.512219, 158.585355, 160.28532 ] }, { "date": "2025-07-25", "close": 153.204315, "volume": 178882, "typical_volume": 364063.05, "trend": 161.485281, "fair_value": 132.852088, "relative_strength": -6.434307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.454017, "energy": 66.818316, "activity_lines": [ 152.097134, 153.658154, 157.906349, 159.733523 ] }, { "date": "2025-08-01", "close": 149.470032, "volume": 167415, "typical_volume": 354033.1, "trend": 161.033235, "fair_value": 132.936872, "relative_strength": -6.083756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.737212, "energy": 62.885378, "activity_lines": [ 151.225801, 152.411008, 156.903051, 158.958346 ] }, { "date": "2025-08-08", "close": 151.14064, "volume": 143871, "typical_volume": 321938.4, "trend": 160.862899, "fair_value": 133.017593, "relative_strength": -7.511861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.354761, "energy": 46.771372, "activity_lines": [ 151.107879, 151.794582, 156.109397, 158.320114 ] }, { "date": "2025-08-15", "close": 151.631989, "volume": 207575, "typical_volume": 318279.65, "trend": 160.604119, "fair_value": 133.132191, "relative_strength": -8.52437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.535505, "energy": 42.610352, "activity_lines": [ 151.225804, 151.558732, 155.427584, 157.724572 ] }, { "date": "2025-08-22", "close": 153.49913, "volume": 151342, "typical_volume": 304125.35, "trend": 160.364993, "fair_value": 133.268803, "relative_strength": -8.996261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.217026, "energy": 34.724027, "activity_lines": [ 151.97266, 151.823169, 154.971326, 157.266185 ] }, { "date": "2025-08-29", "close": 154.285309, "volume": 294806, "typical_volume": 294491.3, "trend": 160.014494, "fair_value": 133.461272, "relative_strength": -6.258085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.412919, "energy": 25.555941, "activity_lines": [ 152.80469, 152.248416, 154.595558, 156.873947 ] }, { "date": "2025-09-05", "close": 154.285309, "volume": 242456, "typical_volume": 298203.35, "trend": 159.480556, "fair_value": 133.697469, "relative_strength": -6.249885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.743523, "energy": 19.540045, "activity_lines": [ 153.564653, 152.655794, 154.262841, 156.504323 ] }, { "date": "2025-09-12", "close": 154.776657, "volume": 260357, "typical_volume": 288006.25, "trend": 158.868001, "fair_value": 133.965769, "relative_strength": -6.216022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.764123, "energy": 18.193654, "activity_lines": [ 154.16738, 153.118561, 154.034011, 156.200845 ] }, { "date": "2025-09-19", "close": 156.545532, "volume": 494691, "typical_volume": 303410.3, "trend": 158.386474, "fair_value": 134.277317, "relative_strength": -5.513976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.999153, "energy": 16.695998, "activity_lines": [ 155.117331, 153.856486, 154.019972, 156.051009 ] }, { "date": "2025-09-26", "close": 154.481842, "volume": 185293, "typical_volume": 303234.8, "trend": 157.999941, "fair_value": 134.612863, "relative_strength": -6.64728, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.815569, "energy": 12.657496, "activity_lines": [ 155.051816, 154.131643, 153.850571, 155.799097 ] }, { "date": "2025-10-03", "close": 155.071472, "volume": 464273, "typical_volume": 302212.3, "trend": 157.842708, "fair_value": 135.022802, "relative_strength": -9.096658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.033461, "energy": 11.134643, "activity_lines": [ 155.11733, 154.447897, 153.798628, 155.610163 ] }, { "date": "2025-10-10", "close": 151.533707, "volume": 254412, "typical_volume": 306145.0, "trend": 157.557722, "fair_value": 135.40504, "relative_strength": -10.378283, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.859548, "energy": 16.7519, "activity_lines": [ 153.951178, 154.086973, 153.475737, 155.203131 ] }, { "date": "2025-10-17", "close": 154.383575, "volume": 274977, "typical_volume": 309729.25, "trend": 157.210498, "fair_value": 135.797274, "relative_strength": -8.4116, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.209162, "energy": 15.950076, "activity_lines": [ 153.918422, 154.206685, 153.500071, 154.998347 ] }, { "date": "2025-10-24", "close": 160.672913, "volume": 391314, "typical_volume": 316869.8, "trend": 157.177741, "fair_value": 136.211507, "relative_strength": -7.532115, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.284623, "energy": 6.70248, "activity_lines": [ 156.008318, 155.410951, 154.184224, 155.221729 ] }, { "date": "2025-10-31", "close": 156.348999, "volume": 240077, "typical_volume": 311947.5, "trend": 157.233429, "fair_value": 136.577931, "relative_strength": -9.204144, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.841915, "energy": 10.659698, "activity_lines": [ 156.381751, 155.66467, 154.455639, 155.168262 ] }, { "date": "2025-11-07", "close": 157.331711, "volume": 242740, "typical_volume": 311055.45, "trend": 157.033612, "fair_value": 136.897473, "relative_strength": -7.309477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.261183, "energy": 14.815221, "activity_lines": [ 156.958276, 156.045248, 154.811755, 155.174602 ] }, { "date": "2025-11-14", "close": 161.360809, "volume": 345234, "typical_volume": 260024.8, "trend": 156.869827, "fair_value": 137.258206, "relative_strength": -5.570498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.915359, "energy": 36.525228, "activity_lines": [ 158.727152, 157.103, 155.532409, 155.453776 ] }, { "date": "2025-11-21", "close": 161.950439, "volume": 212870, "typical_volume": 257919.25, "trend": 156.78466, "fair_value": 137.594355, "relative_strength": -3.035458, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.623808, "energy": 40.087408, "activity_lines": [ 160.037432, 158.139312, 156.266633, 155.781558 ] }, { "date": "2025-11-28", "close": 168.632858, "volume": 296282, "typical_volume": 263657.2, "trend": 156.899309, "fair_value": 137.960341, "relative_strength": -2.111578, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.399739, "energy": 59.16564, "activity_lines": [ 163.070726, 160.260177, 157.590951, 156.545958 ] }, { "date": "2025-12-05", "close": 171.97406, "volume": 322021, "typical_volume": 268544.4, "trend": 157.053267, "fair_value": 138.356017, "relative_strength": -1.444637, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.585829, "energy": 77.665852, "activity_lines": [ 166.687092, 162.768764, 159.15299, 157.518522 ] }, { "date": "2025-12-12", "close": 170.5, "volume": 246209, "typical_volume": 271910.75, "trend": 157.105678, "fair_value": 138.78649, "relative_strength": -1.950915, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.401843, "energy": 79.00438, "activity_lines": [ 168.770433, 164.6913, 160.474031, 158.386053 ] }, { "date": "2025-12-19", "close": 167.699997, "volume": 590380, "typical_volume": 293059.0, "trend": 157.113892, "fair_value": 139.199621, "relative_strength": -4.068495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.025494, "energy": 72.389963, "activity_lines": [ 169.042555, 165.824225, 161.446045, 159.069558 ] }, { "date": "2025-12-26", "close": 167.0, "volume": 153891, "typical_volume": 293560.0, "trend": 157.108598, "fair_value": 139.597354, "relative_strength": -4.54665, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.364492, "energy": 61.521766, "activity_lines": [ 168.658731, 166.535946, 162.264584, 159.707371 ] }, { "date": "2026-01-02", "close": 163.399994, "volume": 211927, "typical_volume": 293777.6, "trend": 157.206053, "fair_value": 139.930189, "relative_strength": -7.406995, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.686725, "energy": 38.69737, "activity_lines": [ 166.738268, 166.36373, 162.664743, 160.113268 ] }, { "date": "2026-01-09", "close": 164.699997, "volume": 263506, "typical_volume": 299385.8, "trend": 157.546658, "fair_value": 140.261659, "relative_strength": -9.415007, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.208874, "energy": 26.483955, "activity_lines": [ 165.599997, 166.378296, 163.132675, 160.596748 ] }, { "date": "2026-01-16", "close": 164.600006, "volume": 430187, "typical_volume": 306154.85, "trend": 157.923238, "fair_value": 140.61249, "relative_strength": -11.202843, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.681902, "energy": 20.420671, "activity_lines": [ 164.913333, 166.222845, 163.537746, 161.051803 ] }, { "date": "2026-01-23", "close": 167.800003, "volume": 367448, "typical_volume": 312404.45, "trend": 158.435966, "fair_value": 140.992926, "relative_strength": -8.581973, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.989823, "energy": 22.731997, "activity_lines": [ 165.686668, 166.517061, 164.198461, 161.689013 ] }, { "date": "2026-01-30", "close": 167.899994, "volume": 329744, "typical_volume": 315873.8, "trend": 158.958579, "fair_value": 141.354607, "relative_strength": -8.738928, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.938882, "energy": 27.539168, "activity_lines": [ 166.486666, 166.71238, 164.804344, 162.299596 ] }, { "date": "2026-02-06", "close": 172.699997, "volume": 280672, "typical_volume": 305172.85, "trend": 159.65757, "fair_value": 141.750694, "relative_strength": -8.68913, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.646709, "energy": 43.466461, "activity_lines": [ 168.826665, 167.672254, 165.804877, 163.186139 ] }, { "date": "2026-02-13", "close": 173.100006, "volume": 274443, "typical_volume": 309630.35, "trend": 160.399376, "fair_value": 142.13298, "relative_strength": -8.217299, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.573947, "energy": 60.938588, "activity_lines": [ 170.680001, 168.630909, 166.766581, 164.053393 ] }, { "date": "2026-02-20", "close": 173.5, "volume": 306286, "typical_volume": 301731.0, "trend": 161.075899, "fair_value": 142.549348, "relative_strength": -9.524537, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.564372, "energy": 67.209089, "activity_lines": [ 172.106667, 169.641818, 167.677721, 164.898594 ] }, { "date": "2026-02-27", "close": 175.300003, "volume": 237271, "typical_volume": 300873.95, "trend": 161.936898, "fair_value": 142.96392, "relative_strength": -9.596355, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.271973, "energy": 74.680077, "activity_lines": [ 173.540001, 170.925455, 168.672535, 165.816279 ] }, { "date": "2026-03-06", "close": 173.600006, "volume": 267133, "typical_volume": 300481.75, "trend": 162.685544, "fair_value": 143.370625, "relative_strength": -5.002882, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.476046, "energy": 65.10572, "activity_lines": [ 173.90667, 171.76182, 169.392272, 166.568737 ] }, { "date": "2026-03-13", "close": 170.199997, "volume": 372278, "typical_volume": 299529.95, "trend": 163.304477, "fair_value": 143.767657, "relative_strength": -6.152642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.750891, "energy": 42.449819, "activity_lines": [ 172.760002, 171.860001, 169.696692, 167.053541 ] }, { "date": "2026-03-20", "close": 159.5, "volume": 775191, "typical_volume": 326285.65, "trend": 163.504506, "fair_value": 144.081553, "relative_strength": -7.115667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.459102, "energy": 8.662073, "activity_lines": [ 168.213334, 169.889092, 168.936697, 166.80809 ] }, { "date": "2026-03-27", "close": 158.699997, "volume": 278169, "typical_volume": 328057.1, "trend": 163.651663, "fair_value": 144.343651, "relative_strength": -7.313953, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.524062, "energy": 21.306214, "activity_lines": [ 164.306666, 167.867273, 168.085507, 166.498122 ] }, { "date": "2026-04-03", "close": 162.199997, "volume": 229622, "typical_volume": 322276.5, "trend": 163.915486, "fair_value": 144.590605, "relative_strength": -8.138389, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.178637, "energy": 29.97217, "activity_lines": [ 162.553332, 166.589091, 167.561135, 166.404466 ] }, { "date": "2026-04-10", "close": 163.800003, "volume": 217090, "typical_volume": 322487.5, "trend": 164.216264, "fair_value": 144.829633, "relative_strength": -10.986579, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.103916, "energy": 30.395608, "activity_lines": [ 162.206666, 165.703637, 167.185148, 166.397016 ] }, { "date": "2026-04-17", "close": 166.5, "volume": 431777, "typical_volume": 329262.25, "trend": 164.548079, "fair_value": 145.121729, "relative_strength": -11.045093, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.437826, "energy": 22.690434, "activity_lines": [ 163.413333, 165.383636, 167.057496, 166.544354 ] }, { "date": "2026-04-24", "close": 160.100006, "volume": 160632, "typical_volume": 321192.8, "trend": 164.735352, "fair_value": 145.348555, "relative_strength": -11.762771, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.254991, "energy": 21.439406, "activity_lines": [ 162.733335, 164.012728, 166.330477, 166.257381 ] }, { "date": "2026-05-01", "close": 159.399994, "volume": 245965, "typical_volume": 321180.6, "trend": 164.879636, "fair_value": 145.534527, "relative_strength": -10.542414, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.227244, "energy": 24.850355, "activity_lines": [ 161.78, 162.750909, 165.593333, 165.913164 ] }, { "date": "2026-05-08", "close": 158.0, "volume": 306093, "typical_volume": 306966.25, "trend": 165.095179, "fair_value": 145.737588, "relative_strength": -11.212316, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.418734, "energy": 31.219735, "activity_lines": [ 160.313333, 161.490909, 164.775714, 165.469317 ] }, { "date": "2026-05-15", "close": 151.300003, "volume": 186618, "typical_volume": 308602.6, "trend": 164.992393, "fair_value": 145.877092, "relative_strength": -13.457916, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.346125, "energy": 69.974404, "activity_lines": [ 156.893334, 159.327273, 163.366191, 164.579306 ] }, { "date": "2026-05-22", "close": 152.300003, "volume": 277285, "typical_volume": 311870.5, "trend": 164.713296, "fair_value": 146.063616, "relative_strength": -15.382645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.066486, "energy": 70.905651, "activity_lines": [ 154.640001, 157.75091, 162.126667, 163.760442 ] }, { "date": "2026-05-29", "close": 150.300003, "volume": 301520, "typical_volume": 313771.2, "trend": 164.511663, "fair_value": 146.213681, "relative_strength": -15.739635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.000671, "energy": 73.539458, "activity_lines": [ 152.666669, 156.136365, 160.749525, 162.830552 ] }, { "date": "2026-06-05", "close": 146.199997, "volume": 37795, "typical_volume": 294151.6, "trend": 164.140606, "fair_value": 146.455655, "relative_strength": -16.997908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.636467, "energy": 81.512323, "activity_lines": [ 149.980001, 153.943637, 159.050477, 161.649154 ] }, { "date": "2026-06-12", "close": 148.800003, "volume": 36630, "typical_volume": 277610.7, "trend": 163.721912, "fair_value": 146.686415, "relative_strength": -15.010789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.020291, "energy": 74.366801, "activity_lines": [ 149.040001, 152.45091, 157.686667, 160.659438 ] }, { "date": "2026-06-19", "close": 158.300003, "volume": 404588, "typical_volume": 281352.9, "trend": 163.600231, "fair_value": 147.043531, "relative_strength": -11.044865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.426994, "energy": 47.02991, "activity_lines": [ 151.880002, 152.929092, 157.318096, 160.309637 ] }, { "date": "2026-06-26", "close": 162.0, "volume": 137087, "typical_volume": 274173.65, "trend": 163.379136, "fair_value": 147.382545, "relative_strength": -7.942699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.312459, "energy": 26.212215, "activity_lines": [ 155.486668, 154.180001, 157.34762, 160.206397 ] }, { "date": "2026-07-03", "close": 165.0, "volume": 87195, "typical_volume": 264811.25, "trend": 163.146667, "fair_value": 147.769882, "relative_strength": -8.629669, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.195542, "energy": 19.633016, "activity_lines": [ 159.446667, 156.058183, 157.71381, 160.310968 ] }, { "date": "2026-07-10", "close": 162.899994, "volume": 310305, "typical_volume": 265012.2, "trend": 162.893333, "fair_value": 148.146788, "relative_strength": -7.559692, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.697599, "energy": 27.000331, "activity_lines": [ 161.726665, 157.465454, 157.918572, 160.295054 ] }, { "date": "2026-07-17", "close": 161.699997, "volume": 130205, "typical_volume": 259658.9, "trend": 162.693333, "fair_value": 148.510547, "relative_strength": -7.088521, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.479173, "energy": 23.96514, "activity_lines": [ 162.493331, 158.590908, 158.059524, 160.218065 ] }, { "date": "2026-07-24", "close": 160.199997, "volume": 101041, "typical_volume": 251354.3, "trend": 162.466667, "fair_value": 148.849538, "relative_strength": -9.190814, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.189546, "energy": 19.90123, "activity_lines": [ 161.899997, 159.376362, 158.122381, 160.057204 ] }, { "date": "2026-07-31", "close": 166.600006, "volume": 162014, "typical_volume": 240841.1, "trend": 162.573334, "fair_value": 149.236222, "relative_strength": -6.688575, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.952923, "energy": 28.189776, "activity_lines": [ 163.313333, 161.163636, 158.858572, 160.323871 ] }, { "date": "2026-08-07", "close": 164.699997, "volume": 111614, "typical_volume": 207662.25, "trend": 162.573334, "fair_value": 149.605271, "relative_strength": -9.310121, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.283255, "energy": 23.909983, "activity_lines": [ 163.786666, 162.345454, 159.430952, 160.461075 ] } ], "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." } } }