{ "ticker": { "uuid": "798f6d47-2009-4f74-bb89-4d88b93b0a65", "symbol": "DKNG", "name": "DraftKings Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -38.063, "architecture_energy": 28.04, "architecture_maturity": 25.885, "architecture_confidence": 69.234, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 48.28, "rotation_up": 10.65, "upward_expansion": 10.19, "deceleration": 55.0, "rotation_down": 58.44, "downward_expansion": 66.86 }, "activity_lines": [ 23.963667, 24.790545, 24.906952, 24.694946 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 24.03, "trend_reference": 24.946833, "distance_from_trend": -0.036751, "trend_direction": "Weakening", "fair_value": 35.412147, "distance_from_fair_value": -0.321419, "fair_value_direction": "Weakening", "relative_strength": -30.928353, "relative_strength_direction": "Improving", "price_momentum": -0.097295, "excess_performance": -0.284749, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.036751, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.095179, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.321419, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.038597, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.309284, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.069628, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.097295, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.236293, "read": "Demand-led" } ], "volume": { "latest": 115626168, "relative_activity": 1.867005, "balance": 1.236293, "dry_up": 1.136882, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.115206, "annualized_volatility": 0.540065, "from_high_reference": -0.50738, "from_low_reference": 0.174487 }, "levels": { "trend_reference": 24.946833, "fair_value_reference": 35.412147, "structural_low": 20.46, "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": 16, "median_return": -0.017337, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.013989, "regime_survival": 0.4375, "best_return": 0.417436, "worst_return": -0.317441, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.108797, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.135739, "regime_survival": 0.142857, "best_return": 0.38973, "worst_return": -0.305134, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.049824, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.143218, "regime_survival": 0.166667, "best_return": 0.502771, "worst_return": -0.667564, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.153698, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.162237, "regime_survival": 0.25, "best_return": 0.788775, "worst_return": -0.651221, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-07-19", "tenure": "New", "return": -0.024564, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-09-20", "tenure": "Developing", "return": 0.082094, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-11-29", "tenure": "Developing", "return": 0.081516, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-03", "tenure": "Developing", "return": -0.153864, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.070651, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.292017, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.133452, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-13", "tenure": "Developing", "return": 0.085986, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": 0.058751, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": 0.102281, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-09-26", "tenure": "Developing", "return": -0.10301, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-11-14", "tenure": "Developing", "return": -0.163698, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-05-29", "tenure": "Extended", "return": -0.183394, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.036101, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.57, "volume": 56347482, "typical_volume": 58598738.3, "trend": 23.010333, "fair_value": 32.754423, "relative_strength": 21.414315, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.75207, "energy": 48.566881, "activity_lines": [ 29.431333, 29.289091, 27.424762, 25.549634 ] }, { "date": "2023-08-25", "close": 28.15, "volume": 38491461, "typical_volume": 58764583.2, "trend": 23.447333, "fair_value": 32.702051, "relative_strength": 25.6364, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.822523, "energy": 32.566809, "activity_lines": [ 28.737333, 29.235091, 27.671762, 25.881226 ] }, { "date": "2023-09-01", "close": 29.64, "volume": 60831651, "typical_volume": 59567957.05, "trend": 23.873, "fair_value": 32.654872, "relative_strength": 26.51856, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.334807, "energy": 25.389123, "activity_lines": [ 28.735333, 29.385818, 28.013095, 26.280753 ] }, { "date": "2023-09-08", "close": 31.85, "volume": 40002378, "typical_volume": 58015058.7, "trend": 24.401667, "fair_value": 32.593269, "relative_strength": 36.608693, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.819479, "energy": 34.49957, "activity_lines": [ 29.652667, 29.854545, 28.515, 26.795398 ] }, { "date": "2023-09-15", "close": 31.04, "volume": 44688632, "typical_volume": 57319798.75, "trend": 24.751667, "fair_value": 32.437179, "relative_strength": 32.995053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.119845, "energy": 42.708805, "activity_lines": [ 30.292667, 30.08, 28.892714, 27.223677 ] }, { "date": "2023-09-22", "close": 27.76, "volume": 47120793, "typical_volume": 55338462.55, "trend": 25.070667, "fair_value": 32.274167, "relative_strength": 22.198795, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.621713, "energy": 34.89015, "activity_lines": [ 29.729333, 29.629273, 28.914571, 27.417763 ] }, { "date": "2023-09-29", "close": 29.44, "volume": 60050888, "typical_volume": 55595571.15, "trend": 25.417333, "fair_value": 32.054038, "relative_strength": 28.485317, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.5034, "energy": 31.586816, "activity_lines": [ 29.646667, 29.534727, 29.081286, 27.699656 ] }, { "date": "2023-10-06", "close": 29.64, "volume": 45426586, "typical_volume": 54284726.4, "trend": 25.787, "fair_value": 31.93109, "relative_strength": 26.345126, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.840007, "energy": 25.0221, "activity_lines": [ 29.544667, 29.506364, 29.238905, 27.972086 ] }, { "date": "2023-10-13", "close": 28.55, "volume": 40129695, "typical_volume": 52516535.65, "trend": 26.143, "fair_value": 31.829872, "relative_strength": 20.426624, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.180558, "energy": 16.837953, "activity_lines": [ 29.079333, 29.329636, 29.266381, 28.150344 ] }, { "date": "2023-10-20", "close": 27.07, "volume": 51049698, "typical_volume": 52645842.0, "trend": 26.454333, "fair_value": 31.729423, "relative_strength": 16.653354, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.428905, "energy": 8.423151, "activity_lines": [ 28.340667, 28.941818, 29.128286, 28.210151 ] }, { "date": "2023-10-27", "close": 26.64, "volume": 64782244, "typical_volume": 53329346.7, "trend": 26.697, "fair_value": 31.673269, "relative_strength": 17.096878, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.681544, "energy": 10.266495, "activity_lines": [ 27.723333, 28.518, 28.939, 28.222129 ] }, { "date": "2023-11-03", "close": 33.75, "volume": 115530885, "typical_volume": 56682421.95, "trend": 27.216667, "fair_value": 31.618333, "relative_strength": 37.357004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.23355, "energy": 22.103421, "activity_lines": [ 29.550667, 29.385636, 29.418762, 28.677161 ] }, { "date": "2023-11-10", "close": 35.03, "volume": 91556924, "typical_volume": 59333095.5, "trend": 27.745667, "fair_value": 31.568269, "relative_strength": 36.94433, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.236127, "energy": 53.270539, "activity_lines": [ 31.517333, 30.384182, 29.976429, 29.181247 ] }, { "date": "2023-11-17", "close": 38.37, "volume": 86320587, "typical_volume": 61662445.0, "trend": 28.292333, "fair_value": 31.505064, "relative_strength": 45.122015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.642504, "energy": 79.178705, "activity_lines": [ 34.238, 31.892, 30.804571, 29.866688 ] }, { "date": "2023-11-24", "close": 38.7, "volume": 32845743, "typical_volume": 61737782.15, "trend": 28.852, "fair_value": 31.415, "relative_strength": 43.207319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.73146, "energy": 86.146589, "activity_lines": [ 36.414, 33.341273, 31.607952, 30.538151 ] }, { "date": "2023-12-01", "close": 39.0, "volume": 49358010, "typical_volume": 60658644.65, "trend": 29.332667, "fair_value": 31.349295, "relative_strength": 42.315852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.733186, "energy": 87.465976, "activity_lines": [ 37.914667, 34.705818, 32.382524, 31.19286 ] }, { "date": "2023-12-08", "close": 35.9, "volume": 68626950, "typical_volume": 62226813.9, "trend": 29.745, "fair_value": 31.258333, "relative_strength": 28.788766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.388638, "energy": 80.865629, "activity_lines": [ 37.558, 35.302364, 32.821619, 31.616559 ] }, { "date": "2023-12-15", "close": 35.35, "volume": 66764166, "typical_volume": 63472059.95, "trend": 30.119667, "fair_value": 31.139423, "relative_strength": 21.293484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.522347, "energy": 57.256569, "activity_lines": [ 36.874667, 35.681455, 33.185381, 31.978172 ] }, { "date": "2023-12-22", "close": 35.72, "volume": 52544188, "typical_volume": 61635534.45, "trend": 30.531, "fair_value": 31.034359, "relative_strength": 19.998065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.004878, "energy": 43.586266, "activity_lines": [ 36.293333, 36.024, 33.570238, 32.339484 ] }, { "date": "2023-12-29", "close": 35.25, "volume": 26584661, "typical_volume": 56952681.1, "trend": 30.875333, "fair_value": 30.961859, "relative_strength": 16.704102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.168204, "energy": 29.784253, "activity_lines": [ 35.732, 36.150727, 33.891381, 32.643935 ] }, { "date": "2024-01-05", "close": 33.18, "volume": 43844008, "typical_volume": 56327507.4, "trend": 31.15, "fair_value": 30.841218, "relative_strength": 12.214338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.913367, "energy": 20.942377, "activity_lines": [ 34.710667, 35.752364, 33.987476, 32.792624 ] }, { "date": "2024-01-12", "close": 32.95, "volume": 47137755, "typical_volume": 56759822.1, "trend": 31.431333, "fair_value": 30.708205, "relative_strength": 7.124885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.097064, "energy": 20.666477, "activity_lines": [ 34.000667, 35.193273, 34.03019, 32.908753 ] }, { "date": "2024-01-19", "close": 37.62, "volume": 69758643, "typical_volume": 57206171.7, "trend": 31.851, "fair_value": 30.612628, "relative_strength": 17.731059, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.152414, "energy": 23.153265, "activity_lines": [ 35.044, 35.497818, 34.49481, 33.308022 ] }, { "date": "2024-01-26", "close": 38.48, "volume": 56559782, "typical_volume": 58034041.9, "trend": 32.248, "fair_value": 30.512436, "relative_strength": 18.483452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.702249, "energy": 34.91919, "activity_lines": [ 36.222667, 35.911636, 35.003333, 33.735699 ] }, { "date": "2024-02-02", "close": 41.59, "volume": 65977103, "typical_volume": 59098465.45, "trend": 32.746, "fair_value": 30.369615, "relative_strength": 25.204365, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.541602, "energy": 70.410272, "activity_lines": [ 38.254, 36.888909, 35.776476, 34.338409 ] }, { "date": "2024-02-09", "close": 43.38, "volume": 57237624, "typical_volume": 59604307.0, "trend": 33.173667, "fair_value": 30.256218, "relative_strength": 26.757115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.295448, "energy": 87.347975, "activity_lines": [ 40.459333, 38.139091, 36.669857, 35.024473 ] }, { "date": "2024-02-16", "close": 44.57, "volume": 96723649, "typical_volume": 61437945.05, "trend": 33.623333, "fair_value": 30.151474, "relative_strength": 31.072798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.043681, "energy": 91.801816, "activity_lines": [ 42.381333, 39.526, 37.60219, 35.75972 ] }, { "date": "2024-02-23", "close": 41.28, "volume": 59517581, "typical_volume": 62142494.8, "trend": 33.92, "fair_value": 30.021667, "relative_strength": 18.753261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.487381, "energy": 82.345828, "activity_lines": [ 42.432, 40.157091, 38.149143, 36.253699 ] }, { "date": "2024-03-01", "close": 43.53, "volume": 44270561, "typical_volume": 62349538.1, "trend": 34.313, "fair_value": 29.919167, "relative_strength": 21.752728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.910811, "energy": 78.577367, "activity_lines": [ 42.988667, 41.089455, 38.854952, 36.873699 ] }, { "date": "2024-03-08", "close": 41.74, "volume": 48937687, "typical_volume": 62243937.55, "trend": 34.724667, "fair_value": 29.726795, "relative_strength": 17.642923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.874924, "energy": 54.691008, "activity_lines": [ 42.612, 41.554364, 39.318952, 37.35286 ] }, { "date": "2024-03-15", "close": 41.78, "volume": 39052395, "typical_volume": 60957445.1, "trend": 35.231667, "fair_value": 29.533205, "relative_strength": 18.089859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.556753, "energy": 45.914462, "activity_lines": [ 42.238667, 41.908545, 39.716905, 37.808043 ] }, { "date": "2024-03-22", "close": 47.2, "volume": 62103039, "typical_volume": 58286052.8, "trend": 35.866667, "fair_value": 29.428077, "relative_strength": 28.057828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.292829, "energy": 56.36579, "activity_lines": [ 43.778667, 43.091818, 40.558952, 38.580194 ] }, { "date": "2024-03-29", "close": 45.41, "volume": 59718514, "typical_volume": 56694132.3, "trend": 36.392333, "fair_value": 29.31609, "relative_strength": 22.672048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.442442, "energy": 49.376761, "activity_lines": [ 44.546667, 43.690545, 41.166476, 39.195892 ] }, { "date": "2024-04-05", "close": 47.2, "volume": 57050502, "typical_volume": 55230628.05, "trend": 36.904, "fair_value": 29.219231, "relative_strength": 27.076155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.004273, "energy": 54.701951, "activity_lines": [ 45.636, 44.473091, 41.895048, 39.893161 ] }, { "date": "2024-04-12", "close": 44.22, "volume": 36723678, "typical_volume": 55424524.8, "trend": 37.343333, "fair_value": 29.131026, "relative_strength": 18.559708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.694732, "energy": 48.957452, "activity_lines": [ 45.487333, 44.555273, 42.297762, 40.365161 ] }, { "date": "2024-04-19", "close": 40.68, "volume": 54033631, "typical_volume": 55658305.85, "trend": 37.774, "fair_value": 29.019231, "relative_strength": 14.550108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.486392, "energy": 34.848228, "activity_lines": [ 43.993333, 43.946, 42.337048, 40.58043 ] }, { "date": "2024-04-26", "close": 43.13, "volume": 38756784, "typical_volume": 54164797.55, "trend": 38.230333, "fair_value": 28.9325, "relative_strength": 16.016276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.109658, "energy": 24.065558, "activity_lines": [ 43.389333, 43.831273, 42.601667, 40.925978 ] }, { "date": "2024-05-03", "close": 41.82, "volume": 68410899, "typical_volume": 54247134.2, "trend": 38.636333, "fair_value": 28.890192, "relative_strength": 10.855741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.707979, "energy": 19.7957, "activity_lines": [ 42.62, 43.504545, 42.707095, 41.15757 ] }, { "date": "2024-05-10", "close": 43.27, "volume": 43326357, "typical_volume": 53786242.65, "trend": 39.127, "fair_value": 28.879808, "relative_strength": 12.368299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.768519, "energy": 18.663121, "activity_lines": [ 42.573333, 43.431636, 42.91981, 41.456516 ] }, { "date": "2024-05-17", "close": 44.21, "volume": 34011198, "typical_volume": 54157569.5, "trend": 39.698333, "fair_value": 28.877115, "relative_strength": 11.709535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.439284, "energy": 17.820718, "activity_lines": [ 43.102, 43.534364, 43.186095, 41.784452 ] }, { "date": "2024-05-24", "close": 40.81, "volume": 48740334, "typical_volume": 54402385.8, "trend": 40.170667, "fair_value": 28.818526, "relative_strength": 1.245421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.92585, "energy": 7.685969, "activity_lines": [ 42.498, 42.974, 43.085905, 41.856172 ] }, { "date": "2024-05-31", "close": 35.13, "volume": 79105322, "typical_volume": 56000764.15, "trend": 40.216667, "fair_value": 28.72109, "relative_strength": -11.585332, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.182257, "energy": 23.359405, "activity_lines": [ 39.992, 41.398545, 42.408429, 41.530968 ] }, { "date": "2024-06-07", "close": 36.89, "volume": 51097400, "typical_volume": 55067702.0, "trend": 40.278667, "fair_value": 28.616923, "relative_strength": -9.786849, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.614765, "energy": 38.914523, "activity_lines": [ 38.606, 40.362545, 41.88819, 41.316344 ] }, { "date": "2024-06-14", "close": 38.91, "volume": 41754126, "typical_volume": 54327419.2, "trend": 40.296667, "fair_value": 28.558269, "relative_strength": -8.351949, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.602501, "energy": 41.35144, "activity_lines": [ 38.222, 39.848727, 41.56381, 41.228043 ] }, { "date": "2024-06-21", "close": 41.99, "volume": 55670611, "typical_volume": 53812094.6, "trend": 40.406333, "fair_value": 28.496218, "relative_strength": -1.686252, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.110555, "energy": 32.524715, "activity_lines": [ 39.155333, 40.045636, 41.530714, 41.33729 ] }, { "date": "2024-06-28", "close": 38.17, "volume": 57030636, "typical_volume": 53801745.2, "trend": 40.378667, "fair_value": 28.412179, "relative_strength": -10.714046, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.263494, "energy": 22.05262, "activity_lines": [ 38.963333, 39.588545, 41.131905, 41.193011 ] }, { "date": "2024-07-05", "close": 37.07, "volume": 28300695, "typical_volume": 50380597.5, "trend": 40.417667, "fair_value": 28.335128, "relative_strength": -16.292995, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.105785, "energy": 21.75203, "activity_lines": [ 38.580667, 38.977091, 40.653143, 40.979548 ] }, { "date": "2024-07-12", "close": 37.86, "volume": 35694976, "typical_volume": 49189467.25, "trend": 40.501333, "fair_value": 28.297115, "relative_strength": -14.191901, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.408618, "energy": 19.816903, "activity_lines": [ 38.332, 38.619455, 40.285333, 40.814538 ] }, { "date": "2024-07-19", "close": 36.93, "volume": 40076902, "typical_volume": 48979784.3, "trend": 40.541667, "fair_value": 28.217628, "relative_strength": -12.745782, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.677921, "energy": 35.395781, "activity_lines": [ 37.708667, 38.164727, 39.845238, 40.584129 ] }, { "date": "2024-07-26", "close": 36.3, "volume": 30227520, "typical_volume": 48044275.95, "trend": 40.576667, "fair_value": 28.139423, "relative_strength": -11.83535, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.138381, "energy": 53.681798, "activity_lines": [ 37.007333, 37.710727, 39.376571, 40.310473 ] }, { "date": "2024-08-02", "close": 32.02, "volume": 62313091, "typical_volume": 49207310.75, "trend": 40.538, "fair_value": 28.013974, "relative_strength": -19.512954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.47599, "energy": 69.450819, "activity_lines": [ 35.258667, 36.622364, 38.52619, 39.75843 ] }, { "date": "2024-08-09", "close": 30.34, "volume": 55482579, "typical_volume": 48876287.75, "trend": 40.451, "fair_value": 27.865513, "relative_strength": -23.794773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.330393, "energy": 78.706008, "activity_lines": [ 33.36, 35.388364, 37.562286, 39.100495 ] }, { "date": "2024-08-16", "close": 34.14, "volume": 66914213, "typical_volume": 49236072.7, "trend": 40.335, "fair_value": 27.750962, "relative_strength": -18.64439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.055242, "energy": 69.400055, "activity_lines": [ 33.176667, 34.932364, 37.040571, 38.693333 ] }, { "date": "2024-08-23", "close": 36.37, "volume": 39311832, "typical_volume": 48349139.2, "trend": 40.264667, "fair_value": 27.599423, "relative_strength": -14.188583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.154151, "energy": 58.000443, "activity_lines": [ 33.984667, 34.931818, 36.784905, 38.437527 ] }, { "date": "2024-08-30", "close": 34.5, "volume": 33954730, "typical_volume": 48210691.8, "trend": 40.028333, "fair_value": 27.429423, "relative_strength": -17.84505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.767992, "energy": 41.969421, "activity_lines": [ 34.206667, 34.637455, 36.402714, 38.065613 ] }, { "date": "2024-09-06", "close": 35.11, "volume": 32271741, "typical_volume": 47122597.3, "trend": 39.752667, "fair_value": 27.254103, "relative_strength": -11.101564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.172179, "energy": 26.582374, "activity_lines": [ 34.752, 34.590182, 36.124905, 37.748301 ] }, { "date": "2024-09-13", "close": 37.8, "volume": 52772109, "typical_volume": 47823363.55, "trend": 39.527, "fair_value": 27.109103, "relative_strength": -9.562324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.948808, "energy": 18.807791, "activity_lines": [ 35.988, 35.087636, 36.12981, 37.622323 ] }, { "date": "2024-09-20", "close": 39.28, "volume": 40746554, "typical_volume": 46440146.3, "trend": 39.460333, "fair_value": 27.031859, "relative_strength": -7.473984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.408418, "energy": 14.9541, "activity_lines": [ 37.22, 35.840909, 36.301048, 37.606387 ] }, { "date": "2024-09-27", "close": 40.36, "volume": 53707448, "typical_volume": 46959200.85, "trend": 39.354667, "fair_value": 26.966474, "relative_strength": -5.907391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.789799, "energy": 20.577755, "activity_lines": [ 38.469333, 36.764727, 36.587238, 37.66443 ] }, { "date": "2024-10-04", "close": 39.28, "volume": 37377596, "typical_volume": 47127520.75, "trend": 39.272667, "fair_value": 26.911154, "relative_strength": -8.507892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.995781, "energy": 21.122356, "activity_lines": [ 39.092667, 37.429818, 36.784429, 37.659613 ] }, { "date": "2024-10-11", "close": 38.44, "volume": 33776133, "typical_volume": 46379310.7, "trend": 39.161333, "fair_value": 26.849359, "relative_strength": -11.545537, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.098217, "energy": 19.110008, "activity_lines": [ 39.117333, 37.888, 36.925095, 37.605892 ] }, { "date": "2024-10-18", "close": 38.46, "volume": 36577437, "typical_volume": 44252916.45, "trend": 38.87, "fair_value": 26.800321, "relative_strength": -11.715877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.589046, "energy": 22.648723, "activity_lines": [ 38.926667, 38.233091, 37.078952, 37.560645 ] }, { "date": "2024-10-25", "close": 36.47, "volume": 34349669, "typical_volume": 43415529.9, "trend": 38.572, "fair_value": 26.735449, "relative_strength": -16.35365, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.868153, "energy": 13.085519, "activity_lines": [ 38.028667, 38.068727, 37.027429, 37.405806 ] }, { "date": "2024-11-01", "close": 35.69, "volume": 32362236, "typical_volume": 42945935.4, "trend": 38.188333, "fair_value": 26.684615, "relative_strength": -16.467368, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.984004, "energy": 20.489322, "activity_lines": [ 37.058, 37.720182, 36.903619, 37.219871 ] }, { "date": "2024-11-08", "close": 40.13, "volume": 81998274, "typical_volume": 44262318.55, "trend": 38.052, "fair_value": 26.682179, "relative_strength": -10.657877, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.776906, "energy": 7.552694, "activity_lines": [ 37.878667, 38.191273, 37.218, 37.34514 ] }, { "date": "2024-11-15", "close": 39.84, "volume": 57779977, "typical_volume": 44299785.6, "trend": 38.024, "fair_value": 26.705897, "relative_strength": -7.76228, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.581948, "energy": 12.208704, "activity_lines": [ 38.546, 38.507273, 37.513619, 37.460495 ] }, { "date": "2024-11-22", "close": 43.09, "volume": 40728195, "typical_volume": 44921160.6, "trend": 38.022667, "fair_value": 26.75109, "relative_strength": -1.733964, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.478371, "energy": 46.615735, "activity_lines": [ 40.203333, 39.328182, 38.11081, 37.787333 ] }, { "date": "2024-11-29", "close": 43.65, "volume": 25176798, "typical_volume": 44395251.7, "trend": 38.083667, "fair_value": 26.849038, "relative_strength": -0.897016, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.989421, "energy": 72.785077, "activity_lines": [ 41.738667, 40.154727, 38.732667, 38.150387 ] }, { "date": "2024-12-06", "close": 44.26, "volume": 39189542, "typical_volume": 44350883.7, "trend": 38.116667, "fair_value": 26.937821, "relative_strength": -2.531463, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.859672, "energy": 76.808982, "activity_lines": [ 42.998667, 41.012727, 39.385048, 38.54886 ] }, { "date": "2024-12-13", "close": 39.88, "volume": 35141386, "typical_volume": 44596577.0, "trend": 37.972333, "fair_value": 27.009679, "relative_strength": -12.601179, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.73582, "energy": 67.374459, "activity_lines": [ 42.227333, 41.003455, 39.585381, 38.662624 ] }, { "date": "2024-12-20", "close": 40.35, "volume": 52698316, "typical_volume": 44115838.25, "trend": 37.957, "fair_value": 27.079615, "relative_strength": -9.342745, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.410624, "energy": 43.778893, "activity_lines": [ 41.629333, 41.068727, 39.813429, 38.816022 ] }, { "date": "2024-12-27", "close": 37.92, "volume": 20427747, "typical_volume": 42363096.65, "trend": 38.05, "fair_value": 27.146603, "relative_strength": -15.30734, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.748332, "energy": 16.813971, "activity_lines": [ 40.187333, 40.657455, 39.770381, 38.813634 ] }, { "date": "2025-01-03", "close": 37.45, "volume": 27308035, "typical_volume": 40382787.75, "trend": 38.068667, "fair_value": 27.212051, "relative_strength": -15.489235, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.443909, "energy": 18.845284, "activity_lines": [ 38.933333, 40.170545, 39.646476, 38.774925 ] }, { "date": "2025-01-10", "close": 39.49, "volume": 39736742, "typical_volume": 40404033.25, "trend": 38.088, "fair_value": 27.316538, "relative_strength": -8.821496, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.962618, "energy": 20.231404, "activity_lines": [ 38.772667, 40.036727, 39.701095, 38.866624 ] }, { "date": "2025-01-17", "close": 39.29, "volume": 46727848, "typical_volume": 41042689.15, "trend": 37.998, "fair_value": 27.443654, "relative_strength": -11.523338, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.049361, "energy": 18.439353, "activity_lines": [ 38.863333, 39.797455, 39.72181, 38.944172 ] }, { "date": "2025-01-24", "close": 41.34, "volume": 24273348, "typical_volume": 40642769.5, "trend": 38.103667, "fair_value": 27.576346, "relative_strength": -8.017817, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.294308, "energy": 16.50884, "activity_lines": [ 39.676667, 39.946182, 39.914952, 39.159785 ] }, { "date": "2025-01-31", "close": 41.95, "volume": 26097337, "typical_volume": 39309030.9, "trend": 38.266333, "fair_value": 27.704936, "relative_strength": -4.978439, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.576077, "energy": 27.496694, "activity_lines": [ 40.627333, 40.178545, 40.136524, 39.407935 ] }, { "date": "2025-02-07", "close": 42.28, "volume": 36839657, "typical_volume": 39113686.05, "trend": 38.413667, "fair_value": 27.82641, "relative_strength": -3.931251, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.386364, "energy": 41.790398, "activity_lines": [ 41.419333, 40.491636, 40.369762, 39.666882 ] }, { "date": "2025-02-14", "close": 53.49, "volume": 94810598, "typical_volume": 41168843.55, "trend": 38.965667, "fair_value": 28.058462, "relative_strength": 18.2283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.382142, "energy": 83.411671, "activity_lines": [ 45.626, 42.867818, 41.656333, 40.639548 ] }, { "date": "2025-02-21", "close": 45.57, "volume": 63633016, "typical_volume": 42481614.55, "trend": 39.274667, "fair_value": 28.208269, "relative_strength": 3.233229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.249082, "energy": 73.271131, "activity_lines": [ 46.259333, 43.636182, 42.126095, 41.065634 ] }, { "date": "2025-02-28", "close": 43.86, "volume": 60742173, "typical_volume": 43829916.55, "trend": 39.669333, "fair_value": 28.356795, "relative_strength": 3.143893, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.73019, "energy": 68.039281, "activity_lines": [ 45.904, 43.990182, 42.403048, 41.361462 ] }, { "date": "2025-03-07", "close": 39.41, "volume": 67677942, "typical_volume": 45384941.8, "trend": 39.971667, "fair_value": 28.506154, "relative_strength": -3.891731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.10005, "energy": 33.762007, "activity_lines": [ 43.897333, 43.471273, 42.230381, 41.344731 ] }, { "date": "2025-03-14", "close": 37.87, "volume": 54975954, "typical_volume": 46416256.05, "trend": 40.096, "fair_value": 28.623141, "relative_strength": -4.919187, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.174251, "energy": 12.198211, "activity_lines": [ 41.546667, 42.645273, 41.906524, 41.20914 ] }, { "date": "2025-03-21", "close": 39.49, "volume": 43484751, "typical_volume": 46972381.8, "trend": 40.2, "fair_value": 28.759615, "relative_strength": -0.540013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.0883, "energy": 17.948656, "activity_lines": [ 40.03, 42.106182, 41.730286, 41.170043 ] }, { "date": "2025-03-28", "close": 35.29, "volume": 47117079, "typical_volume": 45228322.05, "trend": 40.226333, "fair_value": 28.863718, "relative_strength": -8.406704, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.399651, "energy": 34.088523, "activity_lines": [ 38.046667, 40.803455, 41.135952, 40.853269 ] }, { "date": "2025-04-04", "close": 31.67, "volume": 71868511, "typical_volume": 45932748.75, "trend": 40.111667, "fair_value": 28.961731, "relative_strength": -8.096669, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -50.568972, "energy": 58.493681, "activity_lines": [ 35.542, 38.915273, 40.219905, 40.301247 ] }, { "date": "2025-04-11", "close": 34.22, "volume": 75260273, "typical_volume": 47659352.65, "trend": 39.992333, "fair_value": 29.075385, "relative_strength": -7.056568, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.666426, "energy": 67.166293, "activity_lines": [ 34.7, 37.666545, 39.585619, 39.92114 ] }, { "date": "2025-04-18", "close": 33.61, "volume": 37673514, "typical_volume": 48284188.45, "trend": 39.803333, "fair_value": 29.200897, "relative_strength": -6.082987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.330721, "energy": 67.879995, "activity_lines": [ 34.000667, 36.447455, 38.935476, 39.509376 ] }, { "date": "2025-04-25", "close": 33.79, "volume": 43536059, "typical_volume": 48501514.3, "trend": 39.584333, "fair_value": 29.329808, "relative_strength": -10.644362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.622157, "energy": 61.164222, "activity_lines": [ 33.645333, 35.418727, 38.350286, 39.121419 ] }, { "date": "2025-05-02", "close": 34.25, "volume": 43270632, "typical_volume": 48907976.6, "trend": 39.416667, "fair_value": 29.465064, "relative_strength": -11.880231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.03378, "energy": 41.40445, "activity_lines": [ 33.823333, 34.831818, 37.858762, 38.777269 ] }, { "date": "2025-05-09", "close": 36.23, "volume": 77159489, "typical_volume": 50131035.25, "trend": 39.343, "fair_value": 29.616474, "relative_strength": -6.071251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.380702, "energy": 33.498683, "activity_lines": [ 34.730667, 34.810727, 37.582619, 38.571677 ] }, { "date": "2025-05-16", "close": 36.9, "volume": 54032137, "typical_volume": 51811254.75, "trend": 39.291, "fair_value": 29.763077, "relative_strength": -9.879471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.234776, "energy": 24.450204, "activity_lines": [ 35.557333, 35.050182, 37.389905, 38.414065 ] }, { "date": "2025-05-23", "close": 35.08, "volume": 40512450, "typical_volume": 52471475.5, "trend": 39.244667, "fair_value": 29.89359, "relative_strength": -11.811483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.324055, "energy": 20.842513, "activity_lines": [ 35.598667, 35.004364, 37.028714, 38.142387 ] }, { "date": "2025-05-30", "close": 35.88, "volume": 33343916, "typical_volume": 52151834.2, "trend": 39.251, "fair_value": 30.042051, "relative_strength": -11.312301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.142317, "energy": 18.648065, "activity_lines": [ 35.808667, 35.154727, 36.755, 37.925312 ] }, { "date": "2025-06-06", "close": 35.81, "volume": 63986554, "typical_volume": 53014769.5, "trend": 39.107, "fair_value": 30.187628, "relative_strength": -13.020731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.007486, "energy": 18.107216, "activity_lines": [ 35.856, 35.358, 36.49181, 37.703312 ] }, { "date": "2025-06-13", "close": 36.5, "volume": 44110769, "typical_volume": 54006640.55, "trend": 38.995667, "fair_value": 30.348397, "relative_strength": -10.571699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.155436, "energy": 18.143453, "activity_lines": [ 36.029333, 35.677273, 36.310905, 37.535118 ] }, { "date": "2025-06-20", "close": 40.51, "volume": 39520673, "typical_volume": 54677807.35, "trend": 38.909667, "fair_value": 30.517372, "relative_strength": -0.448378, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.888144, "energy": 8.975565, "activity_lines": [ 37.521333, 36.637818, 36.534952, 37.632817 ] }, { "date": "2025-06-27", "close": 42.89, "volume": 48564928, "typical_volume": 55264070.9, "trend": 38.884333, "fair_value": 30.716859, "relative_strength": 1.246274, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.077449, "energy": 35.053054, "activity_lines": [ 39.566, 37.916727, 36.992524, 37.889613 ] }, { "date": "2025-07-04", "close": 40.77, "volume": 40552574, "typical_volume": 52551169.7, "trend": 38.768, "fair_value": 30.896538, "relative_strength": -5.121669, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.796932, "energy": 45.640601, "activity_lines": [ 40.383333, 38.641455, 37.245286, 38.011269 ] }, { "date": "2025-07-11", "close": 42.98, "volume": 42423324, "typical_volume": 51490685.1, "trend": 38.871333, "fair_value": 31.089615, "relative_strength": 0.370591, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.211306, "energy": 61.727261, "activity_lines": [ 41.611333, 39.641091, 37.769095, 38.283011 ] }, { "date": "2025-07-18", "close": 43.72, "volume": 36756735, "typical_volume": 50291413.2, "trend": 38.983667, "fair_value": 31.283141, "relative_strength": 0.82058, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.802517, "energy": 64.678885, "activity_lines": [ 42.608, 40.616545, 38.375714, 38.595828 ] }, { "date": "2025-07-25", "close": 44.86, "volume": 33901409, "typical_volume": 48602586.55, "trend": 39.215, "fair_value": 31.482692, "relative_strength": 2.506887, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.898756, "energy": 69.399016, "activity_lines": [ 43.503333, 41.663091, 39.091571, 38.974946 ] }, { "date": "2025-08-01", "close": 43.73, "volume": 51802243, "typical_volume": 48443901.0, "trend": 39.424333, "fair_value": 31.647885, "relative_strength": 1.995321, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.787438, "energy": 61.497318, "activity_lines": [ 43.732, 42.359455, 39.673857, 39.266237 ] }, { "date": "2025-08-08", "close": 42.88, "volume": 71607538, "typical_volume": 49850040.35, "trend": 39.537333, "fair_value": 31.790256, "relative_strength": -3.750154, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.103367, "energy": 46.714983, "activity_lines": [ 43.621333, 42.744, 40.147286, 39.489183 ] }, { "date": "2025-08-15", "close": 44.94, "volume": 40978517, "typical_volume": 49543112.25, "trend": 39.725667, "fair_value": 31.962051, "relative_strength": 0.247842, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.155234, "energy": 51.828906, "activity_lines": [ 44.056667, 43.375818, 40.800762, 39.837742 ] }, { "date": "2025-08-22", "close": 47.18, "volume": 42762835, "typical_volume": 48087828.45, "trend": 39.920333, "fair_value": 32.158526, "relative_strength": 6.067399, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.475245, "energy": 56.757338, "activity_lines": [ 45.108, 44.248909, 41.621619, 40.318667 ] }, { "date": "2025-08-29", "close": 47.98, "volume": 29362969, "typical_volume": 45792963.25, "trend": 40.121333, "fair_value": 32.366795, "relative_strength": 7.862096, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.432323, "energy": 67.415465, "activity_lines": [ 46.195333, 45.073273, 42.44481, 40.838645 ] }, { "date": "2025-09-05", "close": 46.56, "volume": 31690666, "typical_volume": 45493820.85, "trend": 40.264, "fair_value": 32.552244, "relative_strength": 3.586805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.786812, "energy": 66.346877, "activity_lines": [ 46.601333, 45.503636, 43.067238, 41.254043 ] }, { "date": "2025-09-12", "close": 43.98, "volume": 41024848, "typical_volume": 45368260.3, "trend": 39.947, "fair_value": 32.714936, "relative_strength": -3.802597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.409084, "energy": 48.23026, "activity_lines": [ 45.958667, 45.398182, 43.382286, 41.493785 ] }, { "date": "2025-09-19", "close": 43.45, "volume": 46327997, "typical_volume": 45521128.55, "trend": 39.876333, "fair_value": 32.897436, "relative_strength": -6.758309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.274936, "energy": 35.34639, "activity_lines": [ 45.066, 45.138, 43.598333, 41.719785 ] }, { "date": "2025-09-26", "close": 42.32, "volume": 43484858, "typical_volume": 43837397.0, "trend": 39.825, "fair_value": 33.071667, "relative_strength": -8.494128, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.020938, "energy": 22.106332, "activity_lines": [ 43.896, 44.663818, 43.662952, 41.877441 ] }, { "date": "2025-10-03", "close": 35.37, "volume": 141576294, "typical_volume": 48214604.85, "trend": 39.690333, "fair_value": 33.192179, "relative_strength": -24.014149, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -17.639452, "energy": 27.694331, "activity_lines": [ 40.733333, 42.951455, 43.036667, 41.590022 ] }, { "date": "2025-10-10", "close": 32.69, "volume": 132385684, "typical_volume": 52808266.55, "trend": 39.517667, "fair_value": 33.321731, "relative_strength": -27.729916, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.110075, "energy": 53.443992, "activity_lines": [ 37.518, 40.924364, 42.162429, 41.138387 ] }, { "date": "2025-10-17", "close": 34.1, "volume": 68192584, "typical_volume": 54550699.95, "trend": 39.338, "fair_value": 33.455641, "relative_strength": -26.011021, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.126609, "energy": 68.304523, "activity_lines": [ 35.697333, 39.354364, 41.433857, 40.78886 ] }, { "date": "2025-10-24", "close": 33.0, "volume": 79912177, "typical_volume": 55346981.1, "trend": 39.261667, "fair_value": 33.570256, "relative_strength": -29.561187, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.868211, "energy": 72.872902, "activity_lines": [ 34.168667, 37.744, 40.609, 40.379957 ] }, { "date": "2025-10-31", "close": 30.59, "volume": 100385934, "typical_volume": 58160739.35, "trend": 39.225667, "fair_value": 33.693846, "relative_strength": -35.539845, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.318817, "energy": 80.807888, "activity_lines": [ 32.533333, 35.912545, 39.568, 39.820495 ] }, { "date": "2025-11-07", "close": 30.4, "volume": 130709823, "typical_volume": 62720196.85, "trend": 39.098333, "fair_value": 33.793333, "relative_strength": -33.423809, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.86454, "energy": 78.32455, "activity_lines": [ 31.616667, 34.348182, 38.537048, 39.251097 ] }, { "date": "2025-11-14", "close": 29.58, "volume": 107911782, "typical_volume": 65687539.55, "trend": 38.964, "fair_value": 33.886474, "relative_strength": -34.587193, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.638498, "energy": 86.59918, "activity_lines": [ 30.758, 32.954364, 37.476143, 38.637011 ] }, { "date": "2025-11-21", "close": 29.99, "volume": 57433401, "typical_volume": 66531580.9, "trend": 38.837333, "fair_value": 33.981667, "relative_strength": -30.946033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.27869, "energy": 81.603871, "activity_lines": [ 30.243333, 31.943818, 36.517667, 38.058043 ] }, { "date": "2025-11-28", "close": 33.16, "volume": 58780837, "typical_volume": 67349456.55, "trend": 38.801, "fair_value": 34.094936, "relative_strength": -26.620897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.110686, "energy": 57.946791, "activity_lines": [ 31.059333, 31.764, 35.912429, 37.691763 ] }, { "date": "2025-12-05", "close": 34.0, "volume": 75285981, "typical_volume": 69275918.85, "trend": 38.726667, "fair_value": 34.223397, "relative_strength": -24.914752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.576339, "energy": 44.865676, "activity_lines": [ 32.144667, 31.924, 35.433952, 37.382022 ] }, { "date": "2025-12-12", "close": 35.52, "volume": 45600602, "typical_volume": 69860878.5, "trend": 38.680667, "fair_value": 34.373397, "relative_strength": -19.664487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.168554, "energy": 30.674353, "activity_lines": [ 33.509333, 32.511636, 35.146524, 37.17514 ] }, { "date": "2025-12-19", "close": 34.21, "volume": 51742397, "typical_volume": 69857886.2, "trend": 38.651667, "fair_value": 34.518782, "relative_strength": -22.586958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.62817, "energy": 27.479417, "activity_lines": [ 34.096, 32.858364, 34.77881, 36.88671 ] }, { "date": "2025-12-26", "close": 34.88, "volume": 25270587, "typical_volume": 67541038.65, "trend": 38.618333, "fair_value": 34.669359, "relative_strength": -21.678611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.266357, "energy": 25.952643, "activity_lines": [ 34.597333, 33.299273, 34.520238, 36.643376 ] }, { "date": "2026-01-02", "close": 35.66, "volume": 29258212, "typical_volume": 66955023.4, "trend": 38.613333, "fair_value": 34.823397, "relative_strength": -18.202903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.166987, "energy": 24.97241, "activity_lines": [ 35.032667, 33.867818, 34.374048, 36.452516 ] }, { "date": "2026-01-09", "close": 35.17, "volume": 53118198, "typical_volume": 67472791.55, "trend": 38.569, "fair_value": 34.958397, "relative_strength": -20.59348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.201868, "energy": 16.852375, "activity_lines": [ 35.138, 34.298909, 34.225381, 36.230366 ] }, { "date": "2026-01-16", "close": 32.62, "volume": 69294686, "typical_volume": 69469377.4, "trend": 38.306, "fair_value": 35.078526, "relative_strength": -25.240428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.777467, "energy": 18.76302, "activity_lines": [ 34.315333, 34.183091, 33.891048, 35.846559 ] }, { "date": "2026-01-23", "close": 29.97, "volume": 63933306, "typical_volume": 71081509.4, "trend": 37.875333, "fair_value": 35.174231, "relative_strength": -30.901196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.25643, "energy": 38.209087, "activity_lines": [ 32.802667, 33.545091, 33.377476, 35.308753 ] }, { "date": "2026-01-30", "close": 27.51, "volume": 81363574, "typical_volume": 73098445.7, "trend": 37.433333, "fair_value": 35.242436, "relative_strength": -35.839955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.810586, "energy": 72.002516, "activity_lines": [ 30.752667, 32.452727, 32.708619, 34.640022 ] }, { "date": "2026-02-06", "close": 26.62, "volume": 82701541, "typical_volume": 74917122.9, "trend": 36.888, "fair_value": 35.310577, "relative_strength": -36.000133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.295094, "energy": 86.102784, "activity_lines": [ 28.897333, 31.243636, 32.033429, 33.942387 ] }, { "date": "2026-02-13", "close": 21.76, "volume": 137318614, "typical_volume": 79608810.7, "trend": 36.156, "fair_value": 35.318397, "relative_strength": -46.043249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.433939, "energy": 95.414124, "activity_lines": [ 26.024667, 29.269818, 30.975524, 32.966387 ] }, { "date": "2026-02-20", "close": 22.31, "volume": 70711023, "typical_volume": 76065547.15, "trend": 35.404333, "fair_value": 35.344808, "relative_strength": -44.502515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.926616, "energy": 93.149165, "activity_lines": [ 24.229333, 27.618545, 30.067905, 32.073097 ] }, { "date": "2026-02-27", "close": 23.84, "volume": 67904410, "typical_volume": 72841483.45, "trend": 34.741333, "fair_value": 35.375577, "relative_strength": -39.71437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.92461, "energy": 87.669355, "activity_lines": [ 23.631333, 26.485636, 29.36819, 31.327011 ] }, { "date": "2026-03-06", "close": 25.15, "volume": 79244361, "typical_volume": 73394072.3, "trend": 34.150333, "fair_value": 35.417885, "relative_strength": -34.859503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.139445, "energy": 82.001024, "activity_lines": [ 23.878667, 25.779455, 28.835381, 30.708215 ] }, { "date": "2026-03-13", "close": 25.87, "volume": 68572195, "typical_volume": 72827073.2, "trend": 33.514667, "fair_value": 35.469167, "relative_strength": -31.582941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.825594, "energy": 58.221659, "activity_lines": [ 24.523333, 25.381091, 28.413762, 30.174 ] }, { "date": "2026-03-20", "close": 23.67, "volume": 69258164, "typical_volume": 71270684.7, "trend": 32.731, "fair_value": 35.507244, "relative_strength": -35.329482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.984424, "energy": 53.643144, "activity_lines": [ 24.484667, 24.760727, 27.816571, 29.53886 ] }, { "date": "2026-03-27", "close": 20.72, "volume": 86231418, "typical_volume": 69046764.45, "trend": 31.822333, "fair_value": 35.515962, "relative_strength": -40.800758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.475121, "energy": 57.156416, "activity_lines": [ 23.335333, 23.813091, 26.971381, 28.763957 ] }, { "date": "2026-04-03", "close": 23.16, "volume": 50166976, "typical_volume": 66159524.15, "trend": 31.042333, "fair_value": 35.548013, "relative_strength": -35.653202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.766064, "energy": 49.212391, "activity_lines": [ 23.105333, 23.525455, 26.404667, 28.205097 ] }, { "date": "2026-04-10", "close": 22.23, "volume": 55775998, "typical_volume": 66076654.0, "trend": 30.317333, "fair_value": 35.567692, "relative_strength": -40.138955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.664106, "energy": 52.84733, "activity_lines": [ 22.610667, 23.192545, 25.779952, 27.636559 ] }, { "date": "2026-04-17", "close": 22.82, "volume": 56093239, "typical_volume": 65942274.1, "trend": 29.629667, "fair_value": 35.573141, "relative_strength": -41.369836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.287275, "energy": 50.421171, "activity_lines": [ 22.507333, 23.062909, 25.248381, 27.15286 ] }, { "date": "2026-04-24", "close": 23.18, "volume": 60077357, "typical_volume": 65181842.9, "trend": 28.991667, "fair_value": 35.581282, "relative_strength": -41.031603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.51202, "energy": 43.717003, "activity_lines": [ 22.727333, 23.067818, 24.800333, 26.736753 ] }, { "date": "2026-05-01", "close": 23.0, "volume": 43466573, "typical_volume": 65075141.45, "trend": 28.579333, "fair_value": 35.571154, "relative_strength": -41.695229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.968581, "energy": 40.607369, "activity_lines": [ 22.92, 23.014182, 24.386667, 26.350194 ] }, { "date": "2026-05-08", "close": 25.52, "volume": 88270287, "typical_volume": 66901535.95, "trend": 28.340333, "fair_value": 35.58391, "relative_strength": -37.891124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.600644, "energy": 25.490317, "activity_lines": [ 23.800667, 23.406182, 24.272619, 26.152817 ] }, { "date": "2026-05-15", "close": 25.0, "volume": 56801645, "typical_volume": 68478088.85, "trend": 28.037, "fair_value": 35.589615, "relative_strength": -38.224057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.579052, "energy": 19.930711, "activity_lines": [ 24.350667, 23.673091, 24.150429, 25.937312 ] }, { "date": "2026-05-22", "close": 25.12, "volume": 44693799, "typical_volume": 69249868.2, "trend": 27.774333, "fair_value": 35.600769, "relative_strength": -37.958961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.07373, "energy": 19.712519, "activity_lines": [ 24.756, 23.964545, 24.086714, 25.749118 ] }, { "date": "2026-05-29", "close": 24.49, "volume": 69834391, "typical_volume": 70085677.85, "trend": 27.571, "fair_value": 35.598013, "relative_strength": -40.48214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.53167, "energy": 16.756985, "activity_lines": [ 24.798, 24.155091, 24.01319, 25.537226 ] }, { "date": "2026-06-05", "close": 24.93, "volume": 50523428, "typical_volume": 69147114.95, "trend": 27.388667, "fair_value": 35.597949, "relative_strength": -35.836744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.75095, "energy": 13.905676, "activity_lines": [ 24.899333, 24.410727, 24.032429, 25.366839 ] }, { "date": "2026-06-12", "close": 29.0, "volume": 94485524, "typical_volume": 70674725.85, "trend": 27.369333, "fair_value": 35.626731, "relative_strength": -26.29204, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.084443, "energy": 19.284363, "activity_lines": [ 26.228667, 25.329818, 24.475905, 25.470796 ] }, { "date": "2026-06-19", "close": 26.39, "volume": 48039434, "typical_volume": 69008518.85, "trend": 27.249333, "fair_value": 35.635449, "relative_strength": -33.700696, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.131727, "energy": 16.961492, "activity_lines": [ 26.456, 25.668182, 24.675429, 25.407613 ] }, { "date": "2026-06-26", "close": 25.7, "volume": 63888341, "typical_volume": 68067858.85, "trend": 27.000667, "fair_value": 35.629872, "relative_strength": -31.357925, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.521423, "energy": 16.97809, "activity_lines": [ 26.360667, 25.805455, 24.814571, 25.307656 ] }, { "date": "2026-07-03", "close": 25.89, "volume": 38956751, "typical_volume": 63149765.7, "trend": 26.730333, "fair_value": 35.625, "relative_strength": -30.501316, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.399273, "energy": 16.441143, "activity_lines": [ 26.29, 25.924909, 24.97619, 25.236 ] }, { "date": "2026-07-10", "close": 26.475, "volume": 49687179, "typical_volume": 62098573.5, "trend": 26.428833, "fair_value": 35.598878, "relative_strength": -29.11744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.621263, "energy": 9.593451, "activity_lines": [ 26.321, 26.101455, 25.173857, 25.219527 ] }, { "date": "2026-07-17", "close": 24.94, "volume": 58092208, "typical_volume": 61607963.4, "trend": 26.119833, "fair_value": 35.559519, "relative_strength": -29.21, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.220529, "energy": 8.2229, "activity_lines": [ 25.737333, 25.935727, 25.2055, 25.123473 ] }, { "date": "2026-07-24", "close": 23.01, "volume": 60428310, "typical_volume": 60667160.85, "trend": 25.724167, "fair_value": 35.499455, "relative_strength": -32.45265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.621409, "energy": 20.247922, "activity_lines": [ 24.781, 25.429636, 25.048095, 24.922839 ] }, { "date": "2026-07-31", "close": 23.48, "volume": 47487957, "typical_volume": 59612948.95, "trend": 25.318167, "fair_value": 35.446506, "relative_strength": -30.233859, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.674295, "energy": 23.005583, "activity_lines": [ 24.206667, 25.045182, 24.945643, 24.778054 ] }, { "date": "2026-08-07", "close": 24.03, "volume": 115626168, "typical_volume": 61931349.15, "trend": 24.946833, "fair_value": 35.412147, "relative_strength": -30.928353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.063137, "energy": 28.039751, "activity_lines": [ 23.963667, 24.790545, 24.906952, 24.694946 ] } ], "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." } } }