{ "ticker": { "uuid": "769c4489-fb46-4579-964a-3d2425edf2bd", "symbol": "REGN", "name": "Regeneron Pharmaceuticals, Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 65.95, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "mixed", "architecture_direction": 49.957, "architecture_energy": 51.594, "architecture_maturity": 56.623, "architecture_confidence": 80.295, "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": 30.57, "rotation_up": 73.21, "upward_expansion": 44.54, "deceleration": 34.22, "rotation_down": 14.01, "downward_expansion": 19.54 }, "activity_lines": [ 630.266663, 602.034543, 588.690785, 598.951804 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 673.599976, "trend_reference": 613.379543, "distance_from_trend": 0.098178, "trend_direction": "Weakening", "fair_value": 702.383573, "distance_from_fair_value": -0.04098, "fair_value_direction": "Improving", "relative_strength": -7.114934, "relative_strength_direction": "Improving", "price_momentum": 0.018886, "excess_performance": -0.155361, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098178, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.029679, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.04098, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.108322, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.071149, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014841, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.018886, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.738095, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.738095, "dry_up": 0.633423, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.044656, "annualized_volatility": 0.275459, "from_high_reference": -0.033574, "from_low_reference": 0.439914 }, "levels": { "trend_reference": 613.379543, "fair_value_reference": 702.383573, "structural_low": 528.5, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.024321, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.03091, "regime_survival": 0.857143, "best_return": 0.145654, "worst_return": -0.229954, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.039305, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.158311, "regime_survival": 0.5, "best_return": 0.263117, "worst_return": -0.224223, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.258506, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.165971, "regime_survival": 0.333333, "best_return": 0.332028, "worst_return": -0.277891, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.246089, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.017978, "regime_survival": 0.0, "best_return": 0.583398, "worst_return": -0.091221, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-11-03", "end": "2023-12-15", "tenure": "Developing", "return": 0.036625, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-04-05", "tenure": "Established", "return": 0.13342, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-05-31", "tenure": "Developing", "return": 0.053965, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-09-27", "tenure": "Established", "return": 0.025243, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-04", "end": "2024-10-18", "tenure": "New", "return": -0.004974, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": -0.169252, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-08-15", "tenure": "Extended", "return": -0.317822, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-10-24", "tenure": "Developing", "return": -0.026007, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-01-30", "tenure": "Established", "return": 0.119202, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": -0.007962, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.036847, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": -0.072509, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.094337, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.272384, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 723.666565, "volume": 0, "typical_volume": 0.8, "trend": 697.047898, "fair_value": 567.545255, "relative_strength": 4.646754, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 32.192227, "energy": 37.870246, "activity_lines": [ 705.537752, 684.427988, 683.236418, 690.495259 ] }, { "date": "2023-08-25", "close": 762.301758, "volume": 0, "typical_volume": 0.8, "trend": 699.805196, "fair_value": 569.214112, "relative_strength": 10.47491, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.209145, "energy": 52.654524, "activity_lines": [ 728.916992, 699.512823, 690.095463, 694.705185 ] }, { "date": "2023-09-01", "close": 767.750305, "volume": 0, "typical_volume": 0.8, "trend": 701.743559, "fair_value": 571.080146, "relative_strength": 8.38931, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.123246, "energy": 75.206179, "activity_lines": [ 746.682572, 714.741751, 697.412091, 699.08874 ] }, { "date": "2023-09-08", "close": 773.198792, "volume": 0, "typical_volume": 0.8, "trend": 704.391882, "fair_value": 573.097951, "relative_strength": 10.11272, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.832354, "energy": 79.760386, "activity_lines": [ 759.726054, 729.853591, 705.127329, 703.698755 ] }, { "date": "2023-09-15", "close": 769.236267, "volume": 0, "typical_volume": 0.8, "trend": 706.957654, "fair_value": 575.055111, "relative_strength": 8.183031, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.969263, "energy": 88.184028, "activity_lines": [ 766.033167, 741.921458, 712.219882, 707.882264 ] }, { "date": "2023-09-22", "close": 770.722229, "volume": 0, "typical_volume": 0.8, "trend": 708.770534, "fair_value": 576.926225, "relative_strength": 9.331767, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.475633, "energy": 85.162247, "activity_lines": [ 769.863664, 751.764873, 719.137891, 711.996108 ] }, { "date": "2023-09-29", "close": 773.694092, "volume": 0, "typical_volume": 0.4, "trend": 710.553697, "fair_value": 578.819247, "relative_strength": 9.616394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.195877, "energy": 86.109118, "activity_lines": [ 771.547738, 759.635989, 725.947394, 716.184724 ] }, { "date": "2023-10-06", "close": 781.619324, "volume": 0, "typical_volume": 0.4, "trend": 713.205326, "fair_value": 580.593518, "relative_strength": 12.621584, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.248821, "energy": 82.95331, "activity_lines": [ 775.114067, 766.714602, 733.072967, 720.769603 ] }, { "date": "2023-10-13", "close": 798.955566, "volume": 0, "typical_volume": 0.4, "trend": 716.679191, "fair_value": 582.463679, "relative_strength": 14.284532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.299501, "energy": 83.542263, "activity_lines": [ 783.534542, 774.909933, 741.441559, 726.301877 ] }, { "date": "2023-10-20", "close": 761.311096, "volume": 0, "typical_volume": 0.4, "trend": 716.966478, "fair_value": 584.228743, "relative_strength": 13.034625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.939273, "energy": 58.497326, "activity_lines": [ 777.689742, 774.315548, 745.599913, 729.181355 ] }, { "date": "2023-10-27", "close": 727.62915, "volume": 7, "typical_volume": 0.75, "trend": 716.401813, "fair_value": 585.943639, "relative_strength": 8.649997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.341199, "energy": 37.872159, "activity_lines": [ 761.145971, 766.930739, 746.137694, 729.869269 ] }, { "date": "2023-11-03", "close": 757.348511, "volume": 28, "typical_volume": 2.15, "trend": 716.665985, "fair_value": 587.718229, "relative_strength": 7.19029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.742141, "energy": 28.433709, "activity_lines": [ 757.381527, 764.877404, 749.314837, 732.510992 ] }, { "date": "2023-11-10", "close": 731.096436, "volume": 0, "typical_volume": 2.15, "trend": 716.286241, "fair_value": 589.378195, "relative_strength": 2.779254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.389816, "energy": 28.38665, "activity_lines": [ 745.956095, 758.141022, 749.793653, 733.441988 ] }, { "date": "2023-11-17", "close": 733.572937, "volume": 0, "typical_volume": 2.15, "trend": 716.682497, "fair_value": 591.300429, "relative_strength": 0.856791, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.306265, "energy": 25.778181, "activity_lines": [ 738.724357, 752.521348, 750.392751, 734.557259 ] }, { "date": "2023-11-24", "close": 722.180542, "volume": 0, "typical_volume": 2.15, "trend": 717.326416, "fair_value": 593.180432, "relative_strength": -0.141159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.339614, "energy": 20.446436, "activity_lines": [ 732.053996, 745.550799, 749.487014, 734.911972 ] }, { "date": "2023-12-01", "close": 746.946716, "volume": 0, "typical_volume": 2.15, "trend": 719.274687, "fair_value": 595.356042, "relative_strength": 1.303029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.18702, "energy": 17.099478, "activity_lines": [ 736.247729, 743.93875, 750.510681, 736.822959 ] }, { "date": "2023-12-08", "close": 780.628601, "volume": 8, "typical_volume": 2.55, "trend": 722.576835, "fair_value": 597.87425, "relative_strength": 5.590739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.786226, "energy": 22.820477, "activity_lines": [ 750.38092, 748.882961, 754.197291, 740.781276 ] }, { "date": "2023-12-15", "close": 785.086548, "volume": 0, "typical_volume": 2.55, "trend": 725.548769, "fair_value": 600.302919, "relative_strength": 4.533528, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 52.264913, "energy": 36.934524, "activity_lines": [ 764.448088, 754.511627, 757.690493, 744.81416 ] }, { "date": "2023-12-22", "close": 761.806335, "volume": 0, "typical_volume": 2.55, "trend": 728.685813, "fair_value": 602.638873, "relative_strength": 0.292166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.360742, "energy": 34.827918, "activity_lines": [ 767.155843, 755.844486, 758.416961, 747.153358 ] }, { "date": "2023-12-29", "close": 793.507019, "volume": 0, "typical_volume": 2.15, "trend": 732.648395, "fair_value": 605.214869, "relative_strength": 3.475919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.819757, "energy": 60.14152, "activity_lines": [ 778.548266, 763.616546, 761.829967, 751.335372 ] }, { "date": "2024-01-05", "close": 831.646973, "volume": 0, "typical_volume": 2.15, "trend": 737.453027, "fair_value": 607.961688, "relative_strength": 8.318762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.818483, "energy": 77.217206, "activity_lines": [ 797.89891, 777.737763, 768.547494, 757.722377 ] }, { "date": "2024-01-12", "close": 842.544006, "volume": 0, "typical_volume": 2.15, "trend": 741.679781, "fair_value": 610.664055, "relative_strength": 10.299453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.837902, "energy": 81.234047, "activity_lines": [ 815.235213, 791.949026, 775.788642, 764.50244 ] }, { "date": "2024-01-19", "close": 853.441162, "volume": 11, "typical_volume": 2.7, "trend": 746.566968, "fair_value": 613.314032, "relative_strength": 12.989844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.468335, "energy": 87.776903, "activity_lines": [ 832.076208, 806.59258, 783.685507, 771.712851 ] }, { "date": "2024-01-26", "close": 861.861572, "volume": 3, "typical_volume": 2.85, "trend": 753.78217, "fair_value": 616.195794, "relative_strength": 9.98436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.140753, "energy": 89.578327, "activity_lines": [ 847.167033, 820.542669, 791.976265, 779.151213 ] }, { "date": "2024-02-02", "close": 875.730652, "volume": 6, "typical_volume": 3.15, "trend": 761.905465, "fair_value": 619.15757, "relative_strength": 11.812269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.551196, "energy": 91.479299, "activity_lines": [ 860.210535, 834.681888, 801.165684, 787.018857 ] }, { "date": "2024-02-09", "close": 876.226013, "volume": 9, "typical_volume": 3.6, "trend": 770.02876, "fair_value": 622.228889, "relative_strength": 14.028583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.916901, "energy": 89.686237, "activity_lines": [ 867.937581, 846.119352, 809.895164, 794.394376 ] }, { "date": "2024-02-16", "close": 877.216614, "volume": 0, "typical_volume": 3.6, "trend": 777.574176, "fair_value": 625.367838, "relative_strength": 11.996779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.440376, "energy": 85.937415, "activity_lines": [ 873.022892, 855.386394, 818.216588, 801.309722 ] }, { "date": "2024-02-23", "close": 892.076294, "volume": 0, "typical_volume": 3.6, "trend": 784.987506, "fair_value": 628.721109, "relative_strength": 14.093256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.645678, "energy": 81.369912, "activity_lines": [ 880.749923, 865.599049, 827.460255, 808.696955 ] }, { "date": "2024-03-01", "close": 902.973389, "volume": 0, "typical_volume": 3.6, "trend": 792.02109, "fair_value": 632.098512, "relative_strength": 15.089606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.643681, "energy": 79.639262, "activity_lines": [ 889.533643, 875.847726, 837.215755, 816.308947 ] }, { "date": "2024-03-08", "close": 882.1698, "volume": 0, "typical_volume": 3.6, "trend": 797.271509, "fair_value": 635.26191, "relative_strength": 11.907857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.828763, "energy": 65.001562, "activity_lines": [ 888.642045, 879.747259, 844.494638, 822.124993 ] }, { "date": "2024-03-15", "close": 870.777344, "volume": 0, "typical_volume": 3.25, "trend": 802.175201, "fair_value": 638.305605, "relative_strength": 9.142803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.576851, "energy": 62.119307, "activity_lines": [ 883.523686, 879.963386, 850.113008, 826.867305 ] }, { "date": "2024-03-22", "close": 885.141724, "volume": 0, "typical_volume": 1.85, "trend": 806.269867, "fair_value": 641.449634, "relative_strength": 8.076479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.846276, "energy": 58.576306, "activity_lines": [ 883.556698, 882.079756, 856.417755, 832.219984 ] }, { "date": "2024-03-29", "close": 883.655762, "volume": 0, "typical_volume": 1.85, "trend": 810.133382, "fair_value": 644.540003, "relative_strength": 6.627552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.84744, "energy": 50.122188, "activity_lines": [ 882.566048, 883.151448, 861.972444, 837.212623 ] }, { "date": "2024-04-05", "close": 863.446594, "volume": 0, "typical_volume": 1.85, "trend": 813.141642, "fair_value": 647.538611, "relative_strength": 3.224445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.535986, "energy": 40.495138, "activity_lines": [ 875.400379, 879.99939, 864.875977, 840.652185 ] }, { "date": "2024-04-12", "close": 844.42627, "volume": 11, "typical_volume": 2.4, "trend": 815.647976, "fair_value": 650.285747, "relative_strength": 1.205322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.741585, "energy": 29.049447, "activity_lines": [ 864.52972, 873.360272, 865.349604, 842.670548 ] }, { "date": "2024-04-19", "close": 833.727112, "volume": 0, "typical_volume": 2.4, "trend": 817.748138, "fair_value": 653.051933, "relative_strength": 0.311945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.345198, "energy": 25.051167, "activity_lines": [ 852.608911, 865.345023, 864.222141, 843.836944 ] }, { "date": "2024-04-26", "close": 819.263794, "volume": 0, "typical_volume": 2.0, "trend": 819.267129, "fair_value": 655.744457, "relative_strength": -1.863946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.475028, "energy": 34.537502, "activity_lines": [ 838.337012, 855.472787, 861.30398, 843.934728 ] }, { "date": "2024-05-03", "close": 864.833557, "volume": 20, "typical_volume": 3.0, "trend": 822.040936, "fair_value": 658.690992, "relative_strength": 2.139862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.356827, "energy": 27.106653, "activity_lines": [ 843.646895, 854.939651, 862.541819, 846.874497 ] }, { "date": "2024-05-10", "close": 895.345398, "volume": 5, "typical_volume": 3.25, "trend": 825.253931, "fair_value": 661.713096, "relative_strength": 2.764088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.816013, "energy": 23.092877, "activity_lines": [ 860.382206, 860.449444, 866.3058, 851.603817 ] }, { "date": "2024-05-17", "close": 890.194092, "volume": 12, "typical_volume": 3.85, "trend": 829.550031, "fair_value": 664.751076, "relative_strength": 0.290575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.081251, "energy": 38.550257, "activity_lines": [ 873.273828, 865.161327, 868.94328, 855.793505 ] }, { "date": "2024-05-24", "close": 902.87439, "volume": 0, "typical_volume": 3.85, "trend": 835.391539, "fair_value": 667.927175, "relative_strength": 1.605319, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.337477, "energy": 60.504029, "activity_lines": [ 887.341028, 872.032823, 872.327992, 860.524109 ] }, { "date": "2024-05-31", "close": 889.995911, "volume": 0, "typical_volume": 3.85, "trend": 839.813119, "fair_value": 670.938166, "relative_strength": 1.534598, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.431893, "energy": 67.873769, "activity_lines": [ 892.505583, 875.979194, 874.147005, 864.046972 ] }, { "date": "2024-06-07", "close": 918.328369, "volume": 0, "typical_volume": 3.3, "trend": 846.054183, "fair_value": 674.086005, "relative_strength": 5.331386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.887189, "energy": 81.24813, "activity_lines": [ 902.398816, 884.988663, 878.438386, 869.112472 ] }, { "date": "2024-06-14", "close": 958.350525, "volume": 0, "typical_volume": 3.15, "trend": 853.546769, "fair_value": 677.34942, "relative_strength": 13.36115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.269577, "energy": 90.462734, "activity_lines": [ 922.066447, 900.644477, 886.232414, 876.357397 ] }, { "date": "2024-06-21", "close": 969.247559, "volume": 0, "typical_volume": 2.85, "trend": 861.782337, "fair_value": 680.648397, "relative_strength": 12.476767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.538079, "energy": 94.623039, "activity_lines": [ 941.166081, 916.556044, 894.604783, 883.821964 ] }, { "date": "2024-06-28", "close": 967.860596, "volume": 0, "typical_volume": 2.4, "trend": 869.146133, "fair_value": 683.720985, "relative_strength": 11.193176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.949567, "energy": 91.921609, "activity_lines": [ 954.533163, 929.945957, 902.399742, 890.665723 ] }, { "date": "2024-07-05", "close": 945.472107, "volume": 0, "typical_volume": 2.4, "trend": 874.640916, "fair_value": 686.678317, "relative_strength": 5.280665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.506352, "energy": 86.298408, "activity_lines": [ 956.105001, 936.826446, 907.626109, 895.589979 ] }, { "date": "2024-07-12", "close": 1001.542542, "volume": 0, "typical_volume": 2.4, "trend": 881.856116, "fair_value": 689.965227, "relative_strength": 10.973866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.083189, "energy": 91.457652, "activity_lines": [ 972.668571, 951.606863, 917.867491, 903.777181 ] }, { "date": "2024-07-19", "close": 970.040039, "volume": 10, "typical_volume": 2.9, "trend": 888.797239, "fair_value": 692.994316, "relative_strength": 7.968699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.291833, "energy": 63.233846, "activity_lines": [ 973.183696, 958.173934, 924.587367, 909.466466 ] }, { "date": "2024-07-26", "close": 995.598816, "volume": 0, "typical_volume": 2.9, "trend": 895.533633, "fair_value": 696.286625, "relative_strength": 10.271127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.820235, "energy": 66.431727, "activity_lines": [ 981.439111, 968.029971, 933.422047, 916.356891 ] }, { "date": "2024-08-02", "close": 974.200806, "volume": 12, "typical_volume": 3.5, "trend": 900.285427, "fair_value": 699.261737, "relative_strength": 11.800667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.529173, "energy": 60.812746, "activity_lines": [ 980.805107, 972.079011, 939.678684, 921.432192 ] }, { "date": "2024-08-09", "close": 1009.963135, "volume": 48, "typical_volume": 5.9, "trend": 905.866065, "fair_value": 702.385446, "relative_strength": 14.311534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.499369, "energy": 62.809463, "activity_lines": [ 991.669198, 981.333449, 948.848763, 928.508173 ] }, { "date": "2024-08-16", "close": 1059.495361, "volume": 0, "typical_volume": 5.9, "trend": 912.734538, "fair_value": 705.563766, "relative_strength": 17.198222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.229855, "energy": 72.50431, "activity_lines": [ 1014.744629, 997.412523, 962.14181, 938.419741 ] }, { "date": "2024-08-23", "close": 1059.495361, "volume": 0, "typical_volume": 5.9, "trend": 919.322331, "fair_value": 708.750978, "relative_strength": 14.85206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.039146, "energy": 79.470489, "activity_lines": [ 1033.956539, 1010.924926, 974.597526, 947.888181 ] }, { "date": "2024-08-30", "close": 1055.532715, "volume": 0, "typical_volume": 5.35, "trend": 925.315733, "fair_value": 711.864525, "relative_strength": 12.831986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.760476, "energy": 83.683425, "activity_lines": [ 1045.883879, 1021.87785, 985.742281, 956.675948 ] }, { "date": "2024-09-06", "close": 1010.953735, "volume": 0, "typical_volume": 5.35, "trend": 929.806657, "fair_value": 714.833286, "relative_strength": 12.237669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.964299, "energy": 62.526676, "activity_lines": [ 1038.955965, 1023.156684, 991.63615, 962.20098 ] }, { "date": "2024-09-13", "close": 1036.215332, "volume": 0, "typical_volume": 5.35, "trend": 935.106614, "fair_value": 717.989382, "relative_strength": 13.959499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.402746, "energy": 57.046649, "activity_lines": [ 1037.998389, 1028.245024, 999.091949, 969.066056 ] }, { "date": "2024-09-20", "close": 1013.925659, "volume": 0, "typical_volume": 4.35, "trend": 939.16826, "fair_value": 721.055303, "relative_strength": 10.808961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.812055, "energy": 44.444693, "activity_lines": [ 1027.860775, 1027.630819, 1003.39182, 974.151156 ] }, { "date": "2024-09-27", "close": 941.509521, "volume": 6, "typical_volume": 4.4, "trend": 940.452798, "fair_value": 723.942781, "relative_strength": 1.874243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.886902, "energy": 18.088326, "activity_lines": [ 996.622428, 1013.624897, 1000.084953, 974.302205 ] }, { "date": "2024-10-04", "close": 916.148926, "volume": 0, "typical_volume": 3.8, "trend": 941.585435, "fair_value": 726.814382, "relative_strength": 0.165405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.74042, "energy": 21.203232, "activity_lines": [ 964.796273, 995.526693, 994.142962, 972.734213 ] }, { "date": "2024-10-11", "close": 912.780701, "volume": 0, "typical_volume": 3.8, "trend": 942.985547, "fair_value": 729.626926, "relative_strength": -0.345736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.684719, "energy": 43.295717, "activity_lines": [ 941.139628, 978.260629, 987.756594, 970.875843 ] }, { "date": "2024-10-18", "close": 911.59198, "volume": 3, "typical_volume": 3.95, "trend": 943.867222, "fair_value": 732.373427, "relative_strength": -0.826273, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.311099, "energy": 49.45107, "activity_lines": [ 923.631612, 961.895163, 981.209841, 968.850452 ] }, { "date": "2024-10-25", "close": 855.719543, "volume": 3, "typical_volume": 4.1, "trend": 942.936015, "fair_value": 734.380754, "relative_strength": -5.739269, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.722581, "energy": 74.610562, "activity_lines": [ 895.807674, 937.159638, 969.239065, 963.163505 ] }, { "date": "2024-11-01", "close": 775.675476, "volume": 0, "typical_volume": 4.1, "trend": 940.010311, "fair_value": 736.008333, "relative_strength": -13.11751, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -67.749612, "energy": 85.994307, "activity_lines": [ 851.849455, 901.575661, 949.943182, 952.372502 ] }, { "date": "2024-11-08", "close": 763.193298, "volume": 33, "typical_volume": 5.75, "trend": 937.302545, "fair_value": 737.411747, "relative_strength": -14.949224, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -64.324329, "energy": 86.823972, "activity_lines": [ 814.786112, 868.882559, 930.328401, 940.964953 ] }, { "date": "2024-11-15", "close": 710.887146, "volume": 0, "typical_volume": 5.75, "trend": 933.20788, "fair_value": 738.312853, "relative_strength": -20.760025, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.390889, "energy": 97.436987, "activity_lines": [ 770.484428, 831.99451, 906.713293, 926.357508 ] }, { "date": "2024-11-22", "close": 711.67981, "volume": 0, "typical_volume": 5.75, "trend": 929.621747, "fair_value": 739.240631, "relative_strength": -20.025485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.975062, "energy": 94.233912, "activity_lines": [ 739.906535, 800.706338, 884.397359, 912.065374 ] }, { "date": "2024-11-29", "close": 702.367676, "volume": 0, "typical_volume": 5.75, "trend": 924.206217, "fair_value": 740.219846, "relative_strength": -21.058291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.10712, "energy": 92.488965, "activity_lines": [ 719.552075, 773.625696, 862.307853, 897.403821 ] }, { "date": "2024-12-06", "close": 726.935608, "volume": 11, "typical_volume": 5.8, "trend": 918.592558, "fair_value": 741.17366, "relative_strength": -19.110495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.51733, "energy": 88.504542, "activity_lines": [ 717.610384, 756.676641, 843.982792, 884.676685 ] }, { "date": "2024-12-13", "close": 692.461243, "volume": 20, "typical_volume": 6.8, "trend": 912.001463, "fair_value": 742.126839, "relative_strength": -24.050575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.459061, "energy": 83.398172, "activity_lines": [ 707.426563, 737.360864, 823.532098, 870.087568 ] }, { "date": "2024-12-20", "close": 674.827759, "volume": 34, "typical_volume": 7.9, "trend": 904.399908, "fair_value": 742.975238, "relative_strength": -24.576551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.284509, "energy": 71.511236, "activity_lines": [ 696.080384, 718.906048, 802.845536, 854.786039 ] }, { "date": "2024-12-27", "close": 678.988464, "volume": 12, "typical_volume": 6.1, "trend": 897.366327, "fair_value": 743.690281, "relative_strength": -24.711807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.283781, "energy": 70.923273, "activity_lines": [ 688.525065, 705.534141, 783.980819, 840.243365 ] }, { "date": "2025-01-03", "close": 689.291138, "volume": 0, "typical_volume": 6.1, "trend": 889.731753, "fair_value": 744.738079, "relative_strength": -23.678856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.742827, "energy": 67.164718, "activity_lines": [ 686.583394, 698.264602, 767.673378, 826.819159 ] }, { "date": "2025-01-10", "close": 680.969788, "volume": 0, "typical_volume": 6.1, "trend": 880.485728, "fair_value": 745.683638, "relative_strength": -24.252195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.490601, "energy": 66.64829, "activity_lines": [ 682.73971, 692.508061, 752.336305, 813.350645 ] }, { "date": "2025-01-17", "close": 662.940063, "volume": 33, "typical_volume": 7.75, "trend": 870.275478, "fair_value": 746.459644, "relative_strength": -28.32689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.091279, "energy": 68.255932, "activity_lines": [ 675.950505, 685.19531, 737.084618, 799.315441 ] }, { "date": "2025-01-24", "close": 644.117798, "volume": 30, "typical_volume": 9.25, "trend": 859.484052, "fair_value": 747.078163, "relative_strength": -31.090157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.658448, "energy": 70.697373, "activity_lines": [ 664.85529, 676.283116, 721.909823, 784.724623 ] }, { "date": "2025-01-31", "close": 651.844727, "volume": 30, "typical_volume": 10.75, "trend": 849.696472, "fair_value": 747.812257, "relative_strength": -30.135033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.159263, "energy": 69.086866, "activity_lines": [ 658.383049, 669.989805, 709.217764, 771.328538 ] }, { "date": "2025-02-07", "close": 691.074341, "volume": 158, "typical_volume": 18.65, "trend": 839.347532, "fair_value": 748.660021, "relative_strength": -25.728729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.638893, "energy": 64.786041, "activity_lines": [ 666.796928, 671.917062, 702.092195, 761.094852 ] }, { "date": "2025-02-14", "close": 635.201904, "volume": 14, "typical_volume": 19.05, "trend": 828.186261, "fair_value": 749.218847, "relative_strength": -34.616388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.928895, "energy": 70.45878, "activity_lines": [ 656.467782, 663.891028, 691.182829, 747.924166 ] }, { "date": "2025-02-21", "close": 662.445984, "volume": 2, "typical_volume": 19.15, "trend": 817.081167, "fair_value": 749.959299, "relative_strength": -30.662099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.059848, "energy": 61.542638, "activity_lines": [ 658.271187, 662.486348, 684.326745, 737.231245 ] }, { "date": "2025-02-28", "close": 662.644409, "volume": 1, "typical_volume": 19.2, "trend": 806.695953, "fair_value": 750.603229, "relative_strength": -31.701073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.566883, "energy": 54.861089, "activity_lines": [ 660.173673, 661.663478, 678.697667, 727.267583 ] }, { "date": "2025-03-07", "close": 658.478088, "volume": 3, "typical_volume": 19.2, "trend": 794.979785, "fair_value": 751.104241, "relative_strength": -33.80286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.806434, "energy": 52.609995, "activity_lines": [ 659.452278, 660.30461, 673.862922, 717.70514 ] }, { "date": "2025-03-14", "close": 608.680542, "volume": 45, "typical_volume": 21.3, "trend": 779.952624, "fair_value": 751.098705, "relative_strength": -38.328437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.247822, "energy": 59.988501, "activity_lines": [ 641.689477, 650.264558, 665.490858, 705.685834 ] }, { "date": "2025-03-21", "close": 604.712646, "volume": 0, "typical_volume": 21.3, "trend": 764.793201, "fair_value": 751.055668, "relative_strength": -37.599934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.152735, "energy": 63.436995, "activity_lines": [ 628.096964, 640.968719, 657.917276, 694.380029 ] }, { "date": "2025-03-28", "close": 587.650574, "volume": 0, "typical_volume": 19.65, "trend": 749.197129, "fair_value": 750.858172, "relative_strength": -37.56875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.045264, "energy": 66.901466, "activity_lines": [ 610.849711, 629.957178, 649.532843, 682.951473 ] }, { "date": "2025-04-04", "close": 535.47229, "volume": 64, "typical_volume": 22.85, "trend": 733.347748, "fair_value": 750.002335, "relative_strength": -36.324273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.832334, "energy": 92.390554, "activity_lines": [ 581.196057, 610.827576, 637.014967, 669.162773 ] }, { "date": "2025-04-11", "close": 468.711823, "volume": 265, "typical_volume": 36.1, "trend": 714.430964, "fair_value": 748.70013, "relative_strength": -43.017715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.828603, "energy": 97.315035, "activity_lines": [ 537.767055, 581.53508, 618.97426, 652.089488 ] }, { "date": "2025-04-18", "close": 486.071503, "volume": 34, "typical_volume": 37.8, "trend": 696.835826, "fair_value": 747.740991, "relative_strength": -43.374536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.316255, "energy": 93.807047, "activity_lines": [ 512.775698, 558.728578, 603.743847, 637.356619 ] }, { "date": "2025-04-25", "close": 518.410156, "volume": 34, "typical_volume": 38.95, "trend": 682.732513, "fair_value": 747.029158, "relative_strength": -41.238384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.199987, "energy": 87.166914, "activity_lines": [ 506.737828, 545.529157, 592.623287, 625.845286 ] }, { "date": "2025-05-02", "close": 531.305969, "volume": 34, "typical_volume": 39.65, "trend": 669.904415, "fair_value": 746.661622, "relative_strength": -40.037215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.337036, "energy": 71.471411, "activity_lines": [ 510.752061, 536.797914, 583.723878, 616.075831 ] }, { "date": "2025-05-09", "close": 477.838074, "volume": 34, "typical_volume": 39.65, "trend": 655.406327, "fair_value": 745.849738, "relative_strength": -47.840318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.652494, "energy": 69.109291, "activity_lines": [ 500.69997, 520.7296, 570.499695, 603.684455 ] }, { "date": "2025-05-16", "close": 523.369995, "volume": 34, "typical_volume": 40.75, "trend": 642.465594, "fair_value": 745.259237, "relative_strength": -43.903306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.946338, "energy": 56.544956, "activity_lines": [ 509.667466, 516.299933, 562.549931, 595.165982 ] }, { "date": "2025-05-23", "close": 513.910583, "volume": 38, "typical_volume": 42.65, "trend": 631.071963, "fair_value": 744.472204, "relative_strength": -43.594519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.198757, "energy": 51.164306, "activity_lines": [ 511.837947, 512.606883, 554.440311, 586.87211 ] }, { "date": "2025-05-30", "close": 427.662659, "volume": 135, "typical_volume": 49.4, "trend": 619.471535, "fair_value": 743.501251, "relative_strength": -52.88877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.389499, "energy": 63.482936, "activity_lines": [ 483.403182, 494.955483, 538.951749, 573.748929 ] }, { "date": "2025-06-06", "close": 435.31369, "volume": 204, "typical_volume": 57.95, "trend": 608.542215, "fair_value": 742.85939, "relative_strength": -51.589812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.184326, "energy": 64.389263, "activity_lines": [ 463.568593, 481.914269, 525.398081, 561.867778 ] }, { "date": "2025-06-13", "close": 449.22467, "volume": 21, "typical_volume": 57.5, "trend": 599.820132, "fair_value": 742.24066, "relative_strength": -48.136564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.251317, "energy": 75.203986, "activity_lines": [ 454.770483, 474.172087, 514.253203, 551.589226 ] }, { "date": "2025-06-20", "close": 440.281921, "volume": 0, "typical_volume": 56.0, "trend": 590.773536, "fair_value": 741.424898, "relative_strength": -48.084766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.042687, "energy": 81.013924, "activity_lines": [ 444.899017, 466.372088, 503.184697, 541.296439 ] }, { "date": "2025-06-27", "close": 445.548218, "volume": 17, "typical_volume": 48.95, "trend": 582.212888, "fair_value": 740.677186, "relative_strength": -47.603512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.516437, "energy": 72.139936, "activity_lines": [ 442.322188, 460.046506, 493.625186, 531.927063 ] }, { "date": "2025-07-04", "close": 459.856567, "volume": 22, "typical_volume": 49.35, "trend": 573.310253, "fair_value": 739.775437, "relative_strength": -44.665032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.734085, "energy": 55.648367, "activity_lines": [ 449.0723, 457.059228, 486.597546, 524.033107 ] }, { "date": "2025-07-11", "close": 478.537048, "volume": 41, "typical_volume": 51.3, "trend": 566.179446, "fair_value": 739.046143, "relative_strength": -42.736936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.934455, "energy": 44.976638, "activity_lines": [ 459.902978, 458.533013, 482.183977, 517.918707 ] }, { "date": "2025-07-18", "close": 465.917786, "volume": 43, "typical_volume": 53.4, "trend": 559.215781, "fair_value": 738.375662, "relative_strength": -43.338338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.403186, "energy": 37.278636, "activity_lines": [ 463.645679, 458.671821, 477.444331, 511.450213 ] }, { "date": "2025-07-25", "close": 474.7612, "volume": 80, "typical_volume": 57.25, "trend": 552.408205, "fair_value": 737.827913, "relative_strength": -42.386915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.270545, "energy": 29.035414, "activity_lines": [ 469.223309, 460.635254, 474.483708, 506.00153 ] }, { "date": "2025-08-01", "close": 473.270721, "volume": 133, "typical_volume": 61.65, "trend": 545.207525, "fair_value": 737.060416, "relative_strength": -39.952428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.511971, "energy": 24.364745, "activity_lines": [ 472.005495, 463.211488, 472.255977, 500.895886 ] }, { "date": "2025-08-08", "close": 480.226227, "volume": 0, "typical_volume": 61.65, "trend": 538.516073, "fair_value": 736.242251, "relative_strength": -41.313181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.475289, "energy": 21.956067, "activity_lines": [ 475.258016, 467.791266, 471.335484, 496.703544 ] }, { "date": "2025-08-15", "close": 485.492523, "volume": 0, "typical_volume": 61.65, "trend": 532.601155, "fair_value": 735.449587, "relative_strength": -40.946799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.654692, "energy": 15.881659, "activity_lines": [ 478.907991, 472.372851, 471.509336, 493.28267 ] }, { "date": "2025-08-22", "close": 509.064362, "volume": 4, "typical_volume": 58.65, "trend": 528.099373, "fair_value": 734.875339, "relative_strength": -35.993718, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.811307, "energy": 12.983847, "activity_lines": [ 489.951548, 480.327883, 474.414591, 491.764167 ] }, { "date": "2025-08-29", "close": 492.838837, "volume": 0, "typical_volume": 45.4, "trend": 522.799177, "fair_value": 734.244074, "relative_strength": -34.386602, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.274343, "energy": 19.669452, "activity_lines": [ 492.710158, 484.244825, 475.90031, 489.489294 ] }, { "date": "2025-09-05", "close": 483.581268, "volume": 3, "typical_volume": 43.85, "trend": 515.882741, "fair_value": 732.650452, "relative_strength": -34.003757, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.479398, "energy": 17.447376, "activity_lines": [ 491.177736, 485.522992, 476.389466, 486.959106 ] }, { "date": "2025-09-12", "close": 479.300934, "volume": 0, "typical_volume": 42.15, "trend": 510.686042, "fair_value": 731.263085, "relative_strength": -33.823714, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.434797, "energy": 13.555219, "activity_lines": [ 487.531167, 485.331407, 476.482828, 484.598989 ] }, { "date": "2025-09-19", "close": 504.087189, "volume": 0, "typical_volume": 40.45, "trend": 505.407416, "fair_value": 729.983165, "relative_strength": -28.600271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.306146, "energy": 10.205335, "activity_lines": [ 492.208368, 489.292879, 479.123021, 484.173257 ] }, { "date": "2025-09-26", "close": 473.427887, "volume": 23, "typical_volume": 39.9, "trend": 499.100198, "fair_value": 728.470516, "relative_strength": -31.969402, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.961059, "energy": 15.201671, "activity_lines": [ 485.426158, 487.215385, 478.972894, 482.110062 ] }, { "date": "2025-10-03", "close": 516.231445, "volume": 0, "typical_volume": 38.2, "trend": 494.358644, "fair_value": 727.0392, "relative_strength": -26.035379, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.107803, "energy": 18.608153, "activity_lines": [ 495.287565, 492.783809, 482.920297, 483.215303 ] }, { "date": "2025-10-10", "close": 490.151154, "volume": 11, "typical_volume": 36.85, "trend": 490.407664, "fair_value": 725.405775, "relative_strength": -27.005549, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.86069, "energy": 17.143193, "activity_lines": [ 494.896035, 492.856357, 484.417856, 482.943852 ] }, { "date": "2025-10-17", "close": 490.051605, "volume": 17, "typical_volume": 30.95, "trend": 486.585629, "fair_value": 723.935549, "relative_strength": -24.149739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.561779, "energy": 12.973749, "activity_lines": [ 494.033329, 492.603888, 486.019074, 482.920881 ] }, { "date": "2025-10-24", "close": 495.825134, "volume": 0, "typical_volume": 20.75, "trend": 483.524781, "fair_value": 722.337862, "relative_strength": -23.316158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.997245, "energy": 22.214438, "activity_lines": [ 494.378422, 493.222509, 487.873062, 483.516978 ] }, { "date": "2025-10-31", "close": 565.405884, "volume": 93, "typical_volume": 24.35, "trend": 484.522568, "fair_value": 721.290984, "relative_strength": -13.914357, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.896329, "energy": 66.971963, "activity_lines": [ 518.467902, 506.304309, 496.065638, 488.79963 ] }, { "date": "2025-11-07", "close": 555.849731, "volume": 0, "typical_volume": 24.35, "trend": 487.427165, "fair_value": 720.483218, "relative_strength": -13.210321, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.706649, "energy": 77.491524, "activity_lines": [ 533.24013, 516.624236, 502.79486, 493.401382 ] }, { "date": "2025-11-14", "close": 595.866089, "volume": 0, "typical_volume": 23.5, "trend": 491.086984, "fair_value": 719.78464, "relative_strength": -7.8492, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.55506, "energy": 89.624974, "activity_lines": [ 558.709926, 533.074211, 512.784841, 500.397442 ] }, { "date": "2025-11-21", "close": 646.759583, "volume": 0, "typical_volume": 22.4, "trend": 495.365298, "fair_value": 719.425638, "relative_strength": 2.343778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.063903, "energy": 97.25618, "activity_lines": [ 594.096558, 556.736007, 526.906023, 510.440835 ] }, { "date": "2025-11-28", "close": 672.279114, "volume": 49, "typical_volume": 22.8, "trend": 500.064403, "fair_value": 719.145763, "relative_strength": 2.658942, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.432305, "energy": 97.273879, "activity_lines": [ 627.542501, 581.993015, 542.567621, 521.85463 ] }, { "date": "2025-12-05", "close": 615.857056, "volume": 0, "typical_volume": 20.65, "trend": 504.665036, "fair_value": 718.586763, "relative_strength": -6.162928, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.161061, "energy": 88.071377, "activity_lines": [ 630.417493, 593.933432, 551.933109, 529.325124 ] }, { "date": "2025-12-12", "close": 630.411194, "volume": 0, "typical_volume": 16.65, "trend": 508.233076, "fair_value": 718.27156, "relative_strength": -3.393345, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.485609, "energy": 84.473972, "activity_lines": [ 634.780453, 605.930435, 561.970709, 537.437779 ] }, { "date": "2025-12-19", "close": 649.949524, "volume": 0, "typical_volume": 10.0, "trend": 512.767707, "fair_value": 718.083508, "relative_strength": -1.958054, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.853477, "energy": 67.899818, "activity_lines": [ 640.685425, 619.403866, 573.127911, 546.580776 ] }, { "date": "2025-12-26", "close": 662.90863, "volume": 0, "typical_volume": 10.0, "trend": 520.60924, "fair_value": 718.060447, "relative_strength": 0.683348, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.091282, "energy": 67.207009, "activity_lines": [ 647.304537, 632.328073, 584.677987, 556.267287 ] }, { "date": "2026-01-02", "close": 658.921204, "volume": 0, "typical_volume": 10.0, "trend": 528.062824, "fair_value": 717.839731, "relative_strength": -0.8794, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.827074, "energy": 66.475643, "activity_lines": [ 651.517904, 641.384438, 594.978391, 565.190639 ] }, { "date": "2026-01-09", "close": 687.630615, "volume": 16, "typical_volume": 10.6, "trend": 536.009688, "fair_value": 718.031026, "relative_strength": 3.401731, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.411788, "energy": 72.807723, "activity_lines": [ 666.191602, 652.695314, 607.187175, 575.485335 ] }, { "date": "2026-01-16", "close": 631.208679, "volume": 19, "typical_volume": 11.55, "trend": 542.373914, "fair_value": 717.880963, "relative_strength": -5.359939, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.981661, "energy": 59.405476, "activity_lines": [ 657.273083, 651.525387, 613.172125, 581.627206 ] }, { "date": "2026-01-23", "close": 637.787903, "volume": 5, "typical_volume": 11.65, "trend": 548.781903, "fair_value": 717.613046, "relative_strength": -4.436601, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.375392, "energy": 50.875234, "activity_lines": [ 650.494474, 650.181521, 619.124763, 587.782947 ] }, { "date": "2026-01-30", "close": 632.803589, "volume": 35, "typical_volume": 13.4, "trend": 554.546804, "fair_value": 717.120765, "relative_strength": -5.798074, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.476731, "energy": 41.496942, "activity_lines": [ 642.865202, 647.169201, 623.868388, 593.203701 ] }, { "date": "2026-02-06", "close": 661.114319, "volume": 21, "typical_volume": 14.45, "trend": 560.632713, "fair_value": 716.911568, "relative_strength": -1.667314, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.528044, "energy": 35.547684, "activity_lines": [ 646.679842, 649.558031, 630.577308, 600.079025 ] }, { "date": "2026-02-13", "close": 673.076599, "volume": 16, "typical_volume": 14.1, "trend": 567.538007, "fair_value": 716.788578, "relative_strength": 1.465794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.890331, "energy": 44.996643, "activity_lines": [ 654.335702, 654.324818, 637.677744, 607.333469 ] }, { "date": "2026-02-20", "close": 655.850403, "volume": 0, "typical_volume": 14.1, "trend": 573.574313, "fair_value": 716.400851, "relative_strength": -3.48087, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.591069, "energy": 43.014592, "activity_lines": [ 657.219763, 654.919214, 642.186883, 613.031043 ] }, { "date": "2026-02-27", "close": 661.04126, "volume": 16, "typical_volume": 14.35, "trend": 579.833331, "fair_value": 716.021633, "relative_strength": -0.194134, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.353908, "energy": 46.261067, "activity_lines": [ 660.191329, 655.994871, 646.525536, 618.674072 ] }, { "date": "2026-03-06", "close": 650.459778, "volume": 0, "typical_volume": 13.5, "trend": 585.507783, "fair_value": 715.690795, "relative_strength": 4.195897, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.936305, "energy": 42.516313, "activity_lines": [ 658.08551, 654.944954, 649.042667, 623.230617 ] }, { "date": "2026-03-13", "close": 674.018555, "volume": 23, "typical_volume": 14.65, "trend": 591.791984, "fair_value": 715.557968, "relative_strength": 11.104397, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.731437, "energy": 44.790517, "activity_lines": [ 662.655538, 658.404794, 653.039642, 628.940989 ] }, { "date": "2026-03-20", "close": 636.68396, "volume": 29, "typical_volume": 11.45, "trend": 596.045971, "fair_value": 714.814323, "relative_strength": 6.674357, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.599158, "energy": 27.069584, "activity_lines": [ 653.920418, 654.802029, 652.632401, 631.837245 ] }, { "date": "2026-03-27", "close": 647.065796, "volume": 0, "typical_volume": 11.45, "trend": 601.186869, "fair_value": 714.189302, "relative_strength": 7.173545, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.674222, "energy": 20.49696, "activity_lines": [ 651.072087, 654.013173, 652.874488, 635.128847 ] }, { "date": "2026-04-03", "close": 647.465027, "volume": 0, "typical_volume": 11.45, "trend": 606.649661, "fair_value": 713.535723, "relative_strength": 3.986061, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.450292, "energy": 17.338772, "activity_lines": [ 648.942472, 653.008593, 652.720234, 638.114535 ] }, { "date": "2026-04-10", "close": 635.186584, "volume": 16, "typical_volume": 12.25, "trend": 611.84585, "fair_value": 712.847889, "relative_strength": -3.96494, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.85173, "energy": 12.033902, "activity_lines": [ 643.625126, 649.595621, 651.150895, 639.955626 ] }, { "date": "2026-04-17", "close": 632.690979, "volume": 13, "typical_volume": 10.45, "trend": 616.132643, "fair_value": 712.277413, "relative_strength": -6.37098, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.451843, "energy": 10.752679, "activity_lines": [ 638.494124, 645.685576, 649.398989, 641.300474 ] }, { "date": "2026-04-24", "close": 631.09375, "volume": 16, "typical_volume": 11.25, "trend": 621.388171, "fair_value": 711.817354, "relative_strength": -3.002971, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.173512, "energy": 11.499688, "activity_lines": [ 635.585885, 642.001913, 647.683482, 642.265706 ] }, { "date": "2026-05-01", "close": 600.14801, "volume": 43, "typical_volume": 13.4, "trend": 624.18539, "fair_value": 711.251004, "relative_strength": -8.01264, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.955671, "energy": 37.443498, "activity_lines": [ 622.735079, 633.455077, 642.948205, 640.895373 ] }, { "date": "2026-05-08", "close": 604.640137, "volume": 0, "typical_volume": 13.4, "trend": 628.00169, "fair_value": 710.757901, "relative_strength": -8.598985, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.729394, "energy": 51.359141, "activity_lines": [ 614.509501, 626.737762, 638.78486, 639.634389 ] }, { "date": "2026-05-15", "close": 598.450989, "volume": 16, "typical_volume": 14.2, "trend": 631.615003, "fair_value": 710.133045, "relative_strength": -8.922356, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.274982, "energy": 59.874937, "activity_lines": [ 607.075867, 619.920622, 634.247831, 637.727892 ] }, { "date": "2026-05-22", "close": 547.599976, "volume": 16, "typical_volume": 15.0, "trend": 633.340831, "fair_value": 709.363205, "relative_strength": -18.010569, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.440043, "energy": 84.118274, "activity_lines": [ 585.140934, 604.803458, 625.17479, 632.307568 ] }, { "date": "2026-05-29", "close": 529.400024, "volume": 10, "typical_volume": 14.7, "trend": 632.140635, "fair_value": 708.432247, "relative_strength": -22.737102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.625129, "energy": 90.469346, "activity_lines": [ 562.812085, 588.675731, 614.898522, 625.60171 ] }, { "date": "2026-06-05", "close": 551.0, "volume": 0, "typical_volume": 13.75, "trend": 631.978978, "fair_value": 707.557195, "relative_strength": -18.627286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.06603, "energy": 86.035305, "activity_lines": [ 554.462809, 578.42589, 607.432872, 620.36683 ] }, { "date": "2026-06-12", "close": 528.5, "volume": 0, "typical_volume": 13.5, "trend": 629.733441, "fair_value": 706.35693, "relative_strength": -23.88069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.052408, "energy": 91.031092, "activity_lines": [ 541.890068, 565.83179, 598.206312, 613.690767 ] }, { "date": "2026-06-19", "close": 531.5, "volume": 0, "typical_volume": 11.75, "trend": 625.891455, "fair_value": 705.233048, "relative_strength": -26.344584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.345159, "energy": 88.313737, "activity_lines": [ 535.393335, 555.946146, 589.785885, 607.353125 ] }, { "date": "2026-06-26", "close": 557.599976, "volume": 0, "typical_volume": 10.7, "trend": 622.068817, "fair_value": 704.670192, "relative_strength": -21.073754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.238161, "energy": 71.105313, "activity_lines": [ 542.059994, 552.691162, 584.333568, 602.947224 ] }, { "date": "2026-07-03", "close": 571.799988, "volume": 0, "typical_volume": 9.9, "trend": 620.600248, "fair_value": 704.284091, "relative_strength": -20.787112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.741901, "energy": 54.343581, "activity_lines": [ 552.793323, 553.38329, 580.726558, 599.704073 ] }, { "date": "2026-07-10", "close": 578.900024, "volume": 194, "typical_volume": 19.6, "trend": 618.883209, "fair_value": 703.940327, "relative_strength": -18.552543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.318001, "energy": 35.916339, "activity_lines": [ 563.066667, 556.444401, 578.278012, 597.013736 ] }, { "date": "2026-07-17", "close": 596.700012, "volume": 44, "typical_volume": 21.0, "trend": 617.108226, "fair_value": 703.593185, "relative_strength": -14.313478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.103775, "energy": 28.499936, "activity_lines": [ 577.413338, 563.128202, 577.891133, 595.582562 ] }, { "date": "2026-07-24", "close": 582.299988, "volume": 0, "typical_volume": 21.0, "trend": 614.421271, "fair_value": 703.03308, "relative_strength": -17.36256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.409776, "energy": 27.463905, "activity_lines": [ 582.413334, 567.338181, 576.43921, 593.336869 ] }, { "date": "2026-07-31", "close": 641.700012, "volume": 3, "typical_volume": 20.0, "trend": 613.847231, "fair_value": 702.710863, "relative_strength": -8.852059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.658689, "energy": 30.656858, "activity_lines": [ 603.826672, 582.64182, 580.969003, 595.096788 ] }, { "date": "2026-08-07", "close": 673.599976, "volume": 0, "typical_volume": 18.55, "trend": 613.379543, "fair_value": 702.383573, "relative_strength": -7.114934, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 49.956749, "energy": 51.593587, "activity_lines": [ 630.266663, 602.034543, 588.690785, 598.951804 ] } ], "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." } } }