{ "ticker": { "uuid": "7a440876-d01c-4de4-9256-e2c68e30a51b", "symbol": "B1MR34", "name": "BioMarin Pharmaceutical Inc.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 59.234, "architecture_energy": 84.289, "architecture_maturity": 15.523, "architecture_confidence": 84.046, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 17.59, "rotation_up": 80.05, "upward_expansion": 61.13, "deceleration": 19.95, "rotation_down": 14.0, "downward_expansion": 33.79 }, "activity_lines": [ 152.540004, 148.535459, 143.84548, 144.91368 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 161.100006, "trend_reference": 147.253335, "distance_from_trend": 0.094033, "trend_direction": "Weakening", "fair_value": 187.509295, "distance_from_fair_value": -0.140843, "fair_value_direction": "Improving", "relative_strength": 3.82276, "relative_strength_direction": "Improving", "price_momentum": 0.075003, "excess_performance": 0.132052, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094033, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.017302, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.140843, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.178199, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038228, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.311525, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.075003, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.08508, "read": "Demand-led" } ], "volume": { "latest": 62, "relative_activity": 0.315201, "balance": 3.08508, "dry_up": 1.382816, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.023096, "annualized_volatility": 0.276791, "from_high_reference": -0.0631, "from_low_reference": 0.304348 }, "levels": { "trend_reference": 147.253335, "fair_value_reference": 187.509295, "structural_low": 123.510002, "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": 8, "median_return": 0.003133, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.047914, "regime_survival": 0.375, "best_return": 0.050831, "worst_return": -0.089279, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.087187, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.107608, "regime_survival": 0.2, "best_return": 0.036726, "worst_return": -0.153636, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.100603, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.151227, "regime_survival": 0.0, "best_return": 0.219525, "worst_return": -0.173966, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.055138, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.222921, "regime_survival": 0.0, "best_return": 0.034923, "worst_return": -0.145199, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-21", "end": "2024-08-02", "tenure": "Developing", "return": 0.042035, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2024-09-13", "tenure": "Developing", "return": -0.041219, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-20", "end": "2024-10-18", "tenure": "Developing", "return": 0.012838, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-03-28", "tenure": "Established", "return": 0.040479, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": -0.054612, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-12-12", "tenure": "Extended", "return": -0.11236, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2026-01-30", "tenure": "Developing", "return": -0.143081, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.068798, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.020166, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-03", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": -0.053914, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-07-10", "tenure": "Developing", "return": 0.076235, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.077664, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 215.0, "volume": 0, "typical_volume": 382.0, "trend": 238.725, "fair_value": 224.501602, "relative_strength": -15.138179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.174913, "energy": 55.98682, "activity_lines": [ 213.038, 212.016364, 218.341143, 225.630452 ] }, { "date": "2023-08-25", "close": 215.0, "volume": 0, "typical_volume": 376.75, "trend": 236.047, "fair_value": 224.55532, "relative_strength": -15.298661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.194647, "energy": 44.264799, "activity_lines": [ 214.334, 212.110364, 217.359476, 224.099807 ] }, { "date": "2023-09-01", "close": 228.720001, "volume": 2, "typical_volume": 369.55, "trend": 233.826334, "fair_value": 224.67141, "relative_strength": -11.347495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.942009, "energy": 27.42247, "activity_lines": [ 219.573334, 215.030182, 217.856714, 223.627097 ] }, { "date": "2023-09-08", "close": 228.720001, "volume": 0, "typical_volume": 364.55, "trend": 231.785667, "fair_value": 224.853269, "relative_strength": -9.291195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.558409, "energy": 28.131254, "activity_lines": [ 223.232001, 218.031818, 218.433238, 223.297656 ] }, { "date": "2023-09-15", "close": 228.720001, "volume": 0, "typical_volume": 90.6, "trend": 230.036001, "fair_value": 224.97141, "relative_strength": -11.762509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.269192, "energy": 43.202781, "activity_lines": [ 225.976001, 220.674909, 219.089286, 223.099871 ] }, { "date": "2023-09-22", "close": 228.720001, "volume": 0, "typical_volume": 73.85, "trend": 228.822334, "fair_value": 225.089551, "relative_strength": -9.580717, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 15.58851, "energy": 45.799311, "activity_lines": [ 227.805334, 222.946364, 219.789191, 223.014968 ] }, { "date": "2023-09-29", "close": 227.949997, "volume": 55, "typical_volume": 76.6, "trend": 227.661, "fair_value": 225.198205, "relative_strength": -10.186707, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.977784, "energy": 75.413219, "activity_lines": [ 228.463333, 224.656545, 220.449476, 222.958688 ] }, { "date": "2023-10-06", "close": 222.339996, "volume": 4, "typical_volume": 76.8, "trend": 227.094667, "fair_value": 225.215769, "relative_strength": -10.517509, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 11.235554, "energy": 64.570954, "activity_lines": [ 226.387998, 224.939454, 220.612857, 222.615398 ] }, { "date": "2023-10-13", "close": 222.339996, "volume": 0, "typical_volume": 74.3, "trend": 226.522, "fair_value": 225.207115, "relative_strength": -11.650108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.395228, "energy": 29.839259, "activity_lines": [ 224.737997, 224.907271, 220.840333, 222.308645 ] }, { "date": "2023-10-20", "close": 208.300003, "volume": 35, "typical_volume": 76.05, "trend": 225.481333, "fair_value": 225.151346, "relative_strength": -15.260345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.038027, "energy": 50.095294, "activity_lines": [ 218.833332, 222.188908, 219.738809, 221.133032 ] }, { "date": "2023-10-27", "close": 200.850006, "volume": 11031, "typical_volume": 624.5, "trend": 223.927, "fair_value": 225.053205, "relative_strength": -18.226236, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.298745, "energy": 70.420869, "activity_lines": [ 211.806668, 218.237819, 218.002762, 219.543914 ] }, { "date": "2023-11-03", "close": 195.25, "volume": 40, "typical_volume": 622.85, "trend": 222.063, "fair_value": 224.958718, "relative_strength": -23.696642, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.107142, "energy": 96.82376, "activity_lines": [ 204.771335, 213.525819, 215.85281, 217.693785 ] }, { "date": "2023-11-10", "close": 207.559998, "volume": 140, "typical_volume": 629.85, "trend": 220.802667, "fair_value": 224.927051, "relative_strength": -20.4013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.414552, "energy": 86.317282, "activity_lines": [ 204.019334, 211.411091, 215.056048, 216.758108 ] }, { "date": "2023-11-17", "close": 207.559998, "volume": 0, "typical_volume": 626.6, "trend": 219.540667, "fair_value": 224.980961, "relative_strength": -22.900331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.235641, "energy": 86.821588, "activity_lines": [ 204.252666, 209.681091, 214.381476, 215.903742 ] }, { "date": "2023-11-24", "close": 214.639999, "volume": 470, "typical_volume": 647.3, "trend": 218.764334, "fair_value": 225.012628, "relative_strength": -20.28208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.883043, "energy": 53.277638, "activity_lines": [ 207.831332, 209.62309, 214.388047, 215.58757 ] }, { "date": "2023-12-01", "close": 224.110001, "volume": 100, "typical_volume": 651.8, "trend": 218.374667, "fair_value": 225.129359, "relative_strength": -17.902774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.893343, "energy": 16.829135, "activity_lines": [ 214.143999, 211.542909, 215.266238, 215.932451 ] }, { "date": "2023-12-08", "close": 229.539993, "volume": 52, "typical_volume": 654.4, "trend": 218.166, "fair_value": 225.334807, "relative_strength": -14.693775, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 29.414205, "energy": 38.821788, "activity_lines": [ 220.715997, 214.533817, 216.57319, 216.652795 ] }, { "date": "2023-12-15", "close": 237.119995, "volume": 401, "typical_volume": 624.75, "trend": 218.21, "fair_value": 225.381025, "relative_strength": -13.207369, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.710252, "energy": 54.987469, "activity_lines": [ 227.528663, 218.873998, 218.487808, 217.875634 ] }, { "date": "2023-12-22", "close": 237.119995, "volume": 0, "typical_volume": 616.5, "trend": 218.645666, "fair_value": 225.427243, "relative_strength": -14.31379, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.859782, "energy": 83.537863, "activity_lines": [ 232.370662, 222.945452, 220.249522, 219.095633 ] }, { "date": "2023-12-29", "close": 237.119995, "volume": 0, "typical_volume": 616.5, "trend": 219.081332, "fair_value": 225.498525, "relative_strength": -14.666559, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.672046, "energy": 87.988906, "activity_lines": [ 235.241995, 226.748178, 221.905903, 220.287525 ] }, { "date": "2024-01-05", "close": 237.119995, "volume": 0, "typical_volume": 616.5, "trend": 219.454332, "fair_value": 225.463397, "relative_strength": -12.596943, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.862113, "energy": 88.244319, "activity_lines": [ 236.614662, 230.026905, 223.45695, 221.45131 ] }, { "date": "2024-01-12", "close": 233.729996, "volume": 16, "typical_volume": 617.3, "trend": 219.471332, "fair_value": 225.535384, "relative_strength": -12.518466, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.682278, "energy": 79.70582, "activity_lines": [ 235.989995, 232.029814, 224.579807, 222.372321 ] }, { "date": "2024-01-19", "close": 227.630005, "volume": 6, "typical_volume": 617.5, "trend": 219.284999, "fair_value": 225.44141, "relative_strength": -11.933211, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.884905, "energy": 53.335567, "activity_lines": [ 233.052665, 232.223997, 225.032522, 222.898687 ] }, { "date": "2024-01-26", "close": 230.229996, "volume": 101, "typical_volume": 622.55, "trend": 219.992666, "fair_value": 225.462115, "relative_strength": -11.137731, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.827719, "energy": 40.262061, "activity_lines": [ 231.614665, 232.525997, 225.738045, 223.604815 ] }, { "date": "2024-02-02", "close": 230.229996, "volume": 0, "typical_volume": 622.55, "trend": 220.724332, "fair_value": 225.466794, "relative_strength": -9.096911, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.018885, "energy": 32.619579, "activity_lines": [ 230.635998, 232.415815, 226.436378, 224.265288 ] }, { "date": "2024-02-09", "close": 230.229996, "volume": 0, "typical_volume": 622.55, "trend": 221.546999, "fair_value": 225.448974, "relative_strength": -8.919887, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.436535, "energy": 30.655995, "activity_lines": [ 230.116664, 232.022179, 227.127521, 224.878557 ] }, { "date": "2024-02-16", "close": 230.229996, "volume": 0, "typical_volume": 619.8, "trend": 222.369665, "fair_value": 225.492115, "relative_strength": -8.717928, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.395521, "energy": 29.817358, "activity_lines": [ 230.056663, 231.51727, 227.811473, 225.43875 ] }, { "date": "2024-02-23", "close": 230.229996, "volume": 0, "typical_volume": 619.6, "trend": 223.210332, "fair_value": 225.56923, "relative_strength": -8.555769, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.817345, "energy": 30.922034, "activity_lines": [ 230.229996, 230.999815, 228.484568, 225.945869 ] }, { "date": "2024-03-01", "close": 216.289993, "volume": 87, "typical_volume": 623.95, "trend": 223.253332, "fair_value": 225.542051, "relative_strength": -13.199327, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -7.800081, "energy": 20.289159, "activity_lines": [ 225.583328, 228.073087, 227.792473, 225.499395 ] }, { "date": "2024-03-08", "close": 216.289993, "volume": 0, "typical_volume": 622.2, "trend": 223.296331, "fair_value": 225.563205, "relative_strength": -11.220899, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -49.797317, "energy": 53.346119, "activity_lines": [ 221.865994, 225.525086, 227.129187, 225.050147 ] }, { "date": "2024-03-15", "close": 212.800003, "volume": 10, "typical_volume": 71.15, "trend": 223.222998, "fair_value": 225.554294, "relative_strength": -11.834483, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -57.988027, "energy": 85.167534, "activity_lines": [ 217.914664, 222.721269, 226.095473, 224.372965 ] }, { "date": "2024-03-22", "close": 212.800003, "volume": 0, "typical_volume": 69.15, "trend": 223.149665, "fair_value": 225.542307, "relative_strength": -11.362463, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.016985, "energy": 82.838827, "activity_lines": [ 215.125333, 220.359634, 225.004854, 223.700514 ] }, { "date": "2024-03-29", "close": 220.0, "volume": 40, "typical_volume": 64.15, "trend": 222.858998, "fair_value": 225.56891, "relative_strength": -8.472417, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.031262, "energy": 75.467531, "activity_lines": [ 215.898, 219.687635, 224.516378, 223.497309 ] }, { "date": "2024-04-05", "close": 220.0, "volume": 0, "typical_volume": 64.15, "trend": 222.568331, "fair_value": 225.572115, "relative_strength": -6.803804, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.220698, "energy": 71.539682, "activity_lines": [ 217.352667, 219.154362, 223.968664, 223.312858 ] }, { "date": "2024-04-12", "close": 235.550003, "volume": 1, "typical_volume": 40.7, "trend": 222.795998, "fair_value": 225.654487, "relative_strength": 0.913181, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 31.099768, "energy": 24.591766, "activity_lines": [ 223.743335, 221.634363, 224.842665, 224.150385 ] }, { "date": "2024-04-19", "close": 235.550003, "volume": 0, "typical_volume": 35.7, "trend": 223.023665, "fair_value": 225.76641, "relative_strength": 2.072844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.81331, "energy": 61.388996, "activity_lines": [ 228.850002, 224.017637, 225.617094, 224.973224 ] }, { "date": "2024-04-26", "close": 213.899994, "volume": 1006, "typical_volume": 83.4, "trend": 222.555331, "fair_value": 225.777948, "relative_strength": -7.770776, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -20.972133, "energy": 29.827117, "activity_lines": [ 225.223333, 222.367818, 224.275141, 224.3846 ] }, { "date": "2024-05-03", "close": 209.160004, "volume": 25, "typical_volume": 64.6, "trend": 222.115998, "fair_value": 225.817499, "relative_strength": -10.629594, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.649998, "energy": 25.59029, "activity_lines": [ 219.943334, 220.153091, 222.556237, 223.520386 ] }, { "date": "2024-05-10", "close": 210.0, "volume": 65, "typical_volume": 67.85, "trend": 221.704665, "fair_value": 225.862435, "relative_strength": -9.124576, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.652698, "energy": 61.709424, "activity_lines": [ 215.666, 218.474182, 221.050475, 222.738708 ] }, { "date": "2024-05-17", "close": 195.899994, "volume": 60, "typical_volume": 70.85, "trend": 221.291332, "fair_value": 225.816025, "relative_strength": -15.048967, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.950185, "energy": 91.467343, "activity_lines": [ 207.355332, 214.345999, 218.330999, 221.073891 ] }, { "date": "2024-05-24", "close": 195.899994, "volume": 0, "typical_volume": 70.85, "trend": 221.126331, "fair_value": 225.769615, "relative_strength": -12.003525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.090084, "energy": 94.219355, "activity_lines": [ 201.687997, 210.588544, 215.807808, 219.43574 ] }, { "date": "2024-05-31", "close": 195.899994, "volume": 0, "typical_volume": 70.05, "trend": 221.147998, "fair_value": 225.744422, "relative_strength": -10.039262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.287924, "energy": 93.217872, "activity_lines": [ 198.663995, 207.138361, 213.480903, 217.808234 ] }, { "date": "2024-06-07", "close": 210.0, "volume": 60, "typical_volume": 72.75, "trend": 221.229331, "fair_value": 225.741666, "relative_strength": -2.299367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.682327, "energy": 87.081754, "activity_lines": [ 201.539996, 206.559088, 212.676998, 217.089009 ] }, { "date": "2024-06-14", "close": 224.550003, "volume": 1308, "typical_volume": 133.1, "trend": 221.795664, "fair_value": 225.866217, "relative_strength": 5.534139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.233556, "energy": 30.791266, "activity_lines": [ 209.209999, 208.807089, 213.342761, 217.303246 ] }, { "date": "2024-06-21", "close": 231.0, "volume": 200, "typical_volume": 143.1, "trend": 222.340998, "fair_value": 226.007243, "relative_strength": 7.128732, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 0.814095, "energy": 19.299846, "activity_lines": [ 218.06, 212.145089, 214.649856, 217.897074 ] }, { "date": "2024-06-28", "close": 233.669998, "volume": 150, "typical_volume": 150.6, "trend": 222.659664, "fair_value": 226.167051, "relative_strength": 5.989776, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.719142, "energy": 43.884061, "activity_lines": [ 225.46, 216.051271, 216.20757, 218.627977 ] }, { "date": "2024-07-05", "close": 232.949997, "volume": 50, "typical_volume": 153.1, "trend": 222.773331, "fair_value": 226.270897, "relative_strength": 3.584007, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.84646, "energy": 49.780444, "activity_lines": [ 230.101999, 219.860726, 217.680332, 219.291869 ] }, { "date": "2024-07-12", "close": 232.949997, "volume": 0, "typical_volume": 153.1, "trend": 222.634331, "fair_value": 226.417948, "relative_strength": 1.403668, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.514313, "energy": 71.873777, "activity_lines": [ 232.273998, 223.323816, 219.140141, 219.948428 ] }, { "date": "2024-07-19", "close": 235.75, "volume": 200, "typical_volume": 158.75, "trend": 222.588665, "fair_value": 226.608653, "relative_strength": 3.49906, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.901032, "energy": 76.311675, "activity_lines": [ 233.849332, 226.863453, 220.853665, 220.794601 ] }, { "date": "2024-07-26", "close": 237.660004, "volume": 204, "typical_volume": 168.95, "trend": 222.606665, "fair_value": 226.847756, "relative_strength": 4.261181, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.021346, "energy": 81.766818, "activity_lines": [ 235.314667, 230.282181, 222.656428, 221.766945 ] }, { "date": "2024-08-02", "close": 240.710007, "volume": 400, "typical_volume": 188.45, "trend": 222.726332, "fair_value": 227.117692, "relative_strength": 6.843082, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.706211, "energy": 91.925879, "activity_lines": [ 237.352669, 233.496183, 224.647905, 222.934903 ] }, { "date": "2024-08-09", "close": 244.059998, "volume": 254, "typical_volume": 201.15, "trend": 223.070666, "fair_value": 227.412307, "relative_strength": 4.328079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.184275, "energy": 92.773962, "activity_lines": [ 240.038002, 236.504546, 226.825523, 224.311268 ] }, { "date": "2024-08-16", "close": 244.059998, "volume": 0, "typical_volume": 199.15, "trend": 223.618332, "fair_value": 227.669551, "relative_strength": 1.773065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.48554, "energy": 92.575101, "activity_lines": [ 241.982667, 238.637273, 228.854285, 225.665419 ] }, { "date": "2024-08-23", "close": 249.5, "volume": 200, "typical_volume": 209.15, "trend": 224.260665, "fair_value": 227.877756, "relative_strength": 2.789675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.661959, "energy": 95.148115, "activity_lines": [ 245.0, 241.139818, 231.286571, 227.335204 ] }, { "date": "2024-08-30", "close": 250.589996, "volume": 65, "typical_volume": 212.35, "trend": 224.939332, "fair_value": 228.078076, "relative_strength": 3.04613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.027181, "energy": 92.504874, "activity_lines": [ 247.463998, 243.386909, 233.68219, 229.03387 ] }, { "date": "2024-09-06", "close": 252.199997, "volume": 252, "typical_volume": 224.95, "trend": 225.671665, "fair_value": 228.37423, "relative_strength": 4.935205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.090267, "energy": 92.747439, "activity_lines": [ 249.602664, 245.570545, 236.159523, 230.792623 ] }, { "date": "2024-09-13", "close": 234.0, "volume": 1440, "typical_volume": 246.65, "trend": 225.797332, "fair_value": 228.585768, "relative_strength": -2.660926, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.253814, "energy": 65.782321, "activity_lines": [ 244.908665, 244.108181, 236.824237, 231.329935 ] }, { "date": "2024-09-20", "close": 195.509995, "volume": 759, "typical_volume": 283.35, "trend": 224.639999, "fair_value": 228.515961, "relative_strength": -15.867826, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -5.819617, "energy": 26.958635, "activity_lines": [ 228.055331, 235.628544, 233.727523, 229.375913 ] }, { "date": "2024-09-27", "close": 190.100006, "volume": 532, "typical_volume": 306.7, "trend": 223.766999, "fair_value": 228.411474, "relative_strength": -18.76091, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -52.54795, "energy": 62.827993, "activity_lines": [ 212.635333, 226.846, 230.180571, 227.147526 ] }, { "date": "2024-10-04", "close": 190.100006, "volume": 0, "typical_volume": 303.7, "trend": 222.894, "fair_value": 228.306987, "relative_strength": -17.729495, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.932458, "energy": 63.137997, "activity_lines": [ 201.175336, 218.893455, 226.728381, 224.975462 ] }, { "date": "2024-10-11", "close": 189.809998, "volume": 50, "typical_volume": 306.2, "trend": 222.127666, "fair_value": 228.177563, "relative_strength": -16.294625, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.502327, "energy": 78.935596, "activity_lines": [ 193.651335, 211.752909, 223.276191, 222.84101 ] }, { "date": "2024-10-18", "close": 198.020004, "volume": 53, "typical_volume": 308.85, "trend": 221.635, "fair_value": 228.100769, "relative_strength": -12.70205, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.258709, "energy": 88.454738, "activity_lines": [ 193.023336, 207.030546, 220.634905, 221.285677 ] }, { "date": "2024-10-25", "close": 200.600006, "volume": 20, "typical_volume": 306.85, "trend": 220.988333, "fair_value": 228.002051, "relative_strength": -10.927014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.975991, "energy": 85.749434, "activity_lines": [ 195.654004, 203.614366, 218.229239, 219.928581 ] }, { "date": "2024-11-01", "close": 193.039993, "volume": 251, "typical_volume": 254.0, "trend": 220.089666, "fair_value": 227.781346, "relative_strength": -12.957712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.978382, "energy": 68.432201, "activity_lines": [ 195.425334, 199.613819, 215.148334, 218.125462 ] }, { "date": "2024-11-08", "close": 194.0, "volume": 1, "typical_volume": 244.05, "trend": 218.704666, "fair_value": 227.60673, "relative_strength": -12.127624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.108232, "energy": 64.735849, "activity_lines": [ 195.320666, 196.814364, 212.308905, 216.442258 ] }, { "date": "2024-11-15", "close": 191.520004, "volume": 16, "typical_volume": 237.35, "trend": 217.237, "fair_value": 227.209422, "relative_strength": -13.069332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.795719, "energy": 64.541837, "activity_lines": [ 194.129334, 194.59291, 209.409477, 214.688409 ] }, { "date": "2024-11-22", "close": 191.520004, "volume": 0, "typical_volume": 234.85, "trend": 216.491, "fair_value": 226.831602, "relative_strength": -13.749492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.96872, "energy": 64.759984, "activity_lines": [ 192.824002, 193.474729, 206.710763, 213.029248 ] }, { "date": "2024-11-29", "close": 191.520004, "volume": 0, "typical_volume": 234.85, "trend": 215.903, "fair_value": 226.553525, "relative_strength": -11.152151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.356736, "energy": 63.390981, "activity_lines": [ 191.952003, 193.128911, 204.209335, 211.418216 ] }, { "date": "2024-12-06", "close": 191.520004, "volume": 0, "typical_volume": 224.85, "trend": 215.287, "fair_value": 226.255576, "relative_strength": -11.063683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.6924, "energy": 63.145295, "activity_lines": [ 191.685337, 192.855639, 201.905192, 209.845119 ] }, { "date": "2024-12-13", "close": 201.0, "volume": 350, "typical_volume": 232.15, "trend": 215.457, "fair_value": 226.018397, "relative_strength": -5.440776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.828908, "energy": 51.729455, "activity_lines": [ 194.680003, 194.280184, 200.714525, 208.923377 ] }, { "date": "2024-12-20", "close": 200.600006, "volume": 8, "typical_volume": 212.55, "trend": 215.613667, "fair_value": 225.655256, "relative_strength": -3.533176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.259801, "energy": 66.749027, "activity_lines": [ 197.07467, 195.433821, 199.660335, 207.964862 ] }, { "date": "2024-12-27", "close": 200.600006, "volume": 0, "typical_volume": 199.85, "trend": 215.770334, "fair_value": 225.292115, "relative_strength": -1.953131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.157051, "energy": 53.942109, "activity_lines": [ 198.864004, 196.391276, 198.797145, 206.996238 ] }, { "date": "2025-01-03", "close": 203.699997, "volume": 50, "typical_volume": 202.35, "trend": 215.560334, "fair_value": 225.047051, "relative_strength": 1.108832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.900699, "energy": 45.601339, "activity_lines": [ 201.081335, 197.865457, 198.436145, 206.217507 ] }, { "date": "2025-01-10", "close": 205.600006, "volume": 2, "typical_volume": 192.45, "trend": 214.928668, "fair_value": 224.81423, "relative_strength": 1.83743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.891479, "energy": 36.407814, "activity_lines": [ 203.120003, 199.628731, 198.448288, 205.574905 ] }, { "date": "2025-01-17", "close": 205.600006, "volume": 0, "typical_volume": 189.2, "trend": 214.082001, "fair_value": 224.618333, "relative_strength": -0.95528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.837098, "energy": 36.498708, "activity_lines": [ 204.220004, 201.16364, 198.669479, 204.973056 ] }, { "date": "2025-01-24", "close": 186.0, "volume": 400, "typical_volume": 196.6, "trend": 212.493001, "fair_value": 224.361666, "relative_strength": -10.19735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.596818, "energy": 40.314737, "activity_lines": [ 198.480003, 198.924003, 197.238241, 203.161314 ] }, { "date": "2025-01-31", "close": 186.899994, "volume": 102, "typical_volume": 129.7, "trend": 210.958001, "fair_value": 224.075705, "relative_strength": -12.072848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.899186, "energy": 63.302886, "activity_lines": [ 194.013333, 196.948365, 196.207954, 201.510152 ] }, { "date": "2025-02-07", "close": 185.990005, "volume": 4, "typical_volume": 91.95, "trend": 209.392668, "fair_value": 223.739359, "relative_strength": -11.126343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.258889, "energy": 88.386474, "activity_lines": [ 190.156668, 194.891275, 195.315288, 199.899314 ] }, { "date": "2025-02-14", "close": 185.990005, "volume": 0, "typical_volume": 65.35, "trend": 207.734002, "fair_value": 223.519102, "relative_strength": -13.286045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.228271, "energy": 90.475338, "activity_lines": [ 187.480669, 192.93473, 194.467955, 198.389464 ] }, { "date": "2025-02-21", "close": 186.009995, "volume": 2, "typical_volume": 65.45, "trend": 206.012335, "fair_value": 223.435833, "relative_strength": -12.213792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.746868, "energy": 88.400292, "activity_lines": [ 186.118667, 191.082365, 193.642097, 196.987916 ] }, { "date": "2025-02-28", "close": 203.229996, "volume": 305, "typical_volume": 78.2, "trend": 204.763001, "fair_value": 223.520641, "relative_strength": -0.683554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.791971, "energy": 38.568915, "activity_lines": [ 191.802665, 192.633454, 194.475716, 196.80841 ] }, { "date": "2025-03-07", "close": 203.229996, "volume": 0, "typical_volume": 75.55, "trend": 203.402001, "fair_value": 223.578333, "relative_strength": -2.373175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.800917, "energy": 10.503238, "activity_lines": [ 196.337998, 194.136726, 195.245429, 196.709506 ] }, { "date": "2025-03-14", "close": 199.619995, "volume": 700, "typical_volume": 109.55, "trend": 201.920667, "fair_value": 223.599935, "relative_strength": -6.882793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.044095, "energy": 29.303123, "activity_lines": [ 198.581329, 194.935816, 195.646524, 196.465506 ] }, { "date": "2025-03-21", "close": 199.619995, "volume": 0, "typical_volume": 97.0, "trend": 200.258001, "fair_value": 223.664807, "relative_strength": -9.091045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.467528, "energy": 35.041014, "activity_lines": [ 199.915995, 195.809088, 196.052285, 196.317076 ] }, { "date": "2025-03-28", "close": 208.720001, "volume": 200, "typical_volume": 106.95, "trend": 198.862334, "fair_value": 223.824871, "relative_strength": -4.478169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 56.925638, "energy": 68.327254, "activity_lines": [ 203.375331, 198.445634, 197.29338, 196.863011 ] }, { "date": "2025-04-04", "close": 208.720001, "volume": 0, "typical_volume": 106.15, "trend": 197.413001, "fair_value": 223.90641, "relative_strength": -0.881528, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.047308, "energy": 87.098653, "activity_lines": [ 205.320665, 201.025453, 198.46438, 197.49899 ] }, { "date": "2025-04-11", "close": 208.720001, "volume": 0, "typical_volume": 106.15, "trend": 196.570334, "fair_value": 223.985577, "relative_strength": -0.941047, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.366351, "energy": 88.358058, "activity_lines": [ 206.9, 203.19218, 199.553476, 198.228473 ] }, { "date": "2025-04-18", "close": 208.720001, "volume": 0, "typical_volume": 106.15, "trend": 197.010668, "fair_value": 224.093077, "relative_strength": -2.133731, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.126088, "energy": 87.532761, "activity_lines": [ 208.113334, 204.962181, 200.560666, 199.012323 ] }, { "date": "2025-04-25", "close": 180.179993, "volume": 403, "typical_volume": 126.3, "trend": 196.680001, "fair_value": 223.975, "relative_strength": -18.369537, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 7.907133, "energy": 9.719159, "activity_lines": [ 199.206665, 201.129816, 198.767856, 197.926473 ] }, { "date": "2025-05-02", "close": 173.800003, "volume": 2, "typical_volume": 108.9, "trend": 196.136667, "fair_value": 223.745641, "relative_strength": -21.174179, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.963188, "energy": 52.745799, "activity_lines": [ 189.469333, 196.24309, 196.421428, 196.450344 ] }, { "date": "2025-05-09", "close": 170.339996, "volume": 402, "typical_volume": 128.6, "trend": 195.487667, "fair_value": 223.494102, "relative_strength": -23.162887, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.293839, "energy": 80.572638, "activity_lines": [ 180.906665, 190.949271, 193.874999, 194.786043 ] }, { "date": "2025-05-16", "close": 165.449997, "volume": 601, "typical_volume": 158.65, "trend": 194.402, "fair_value": 223.328012, "relative_strength": -26.507112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.999891, "energy": 92.497574, "activity_lines": [ 173.272664, 185.364362, 191.006951, 192.848128 ] }, { "date": "2025-05-23", "close": 164.699997, "volume": 1, "typical_volume": 156.2, "trend": 193.205333, "fair_value": 223.157115, "relative_strength": -25.780587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.89601, "energy": 92.489247, "activity_lines": [ 168.273331, 180.329998, 188.234855, 190.93187 ] }, { "date": "2025-05-30", "close": 164.699997, "volume": 0, "typical_volume": 156.1, "trend": 192.260667, "fair_value": 223.061474, "relative_strength": -24.98829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.253658, "energy": 91.616678, "activity_lines": [ 166.208664, 175.930543, 185.648474, 189.092816 ] }, { "date": "2025-06-06", "close": 158.100006, "volume": 701, "typical_volume": 191.15, "trend": 191.064, "fair_value": 222.868205, "relative_strength": -26.999092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.734581, "energy": 95.1315, "activity_lines": [ 162.976, 170.965999, 182.628285, 186.888903 ] }, { "date": "2025-06-13", "close": 159.839996, "volume": 400, "typical_volume": 191.15, "trend": 190.008, "fair_value": 222.686089, "relative_strength": -26.158197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.744611, "energy": 90.586106, "activity_lines": [ 161.369999, 167.23818, 179.999999, 184.874451 ] }, { "date": "2025-06-20", "close": 152.199997, "volume": 410, "typical_volume": 206.55, "trend": 188.697333, "fair_value": 222.217179, "relative_strength": -28.95049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.188889, "energy": 86.798199, "activity_lines": [ 157.917332, 163.009998, 176.768665, 182.435225 ] }, { "date": "2025-06-27", "close": 152.199997, "volume": 0, "typical_volume": 206.35, "trend": 187.386666, "fair_value": 221.748269, "relative_strength": -28.136205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.419509, "energy": 73.037374, "activity_lines": [ 155.347998, 159.809453, 173.70257, 180.080558 ] }, { "date": "2025-07-04", "close": 157.440002, "volume": 632, "typical_volume": 237.95, "trend": 186.250666, "fair_value": 221.312948, "relative_strength": -27.425085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.969097, "energy": 67.405698, "activity_lines": [ 155.358666, 158.589272, 171.296427, 178.148515 ] }, { "date": "2025-07-11", "close": 162.449997, "volume": 400, "typical_volume": 257.85, "trend": 184.965666, "fair_value": 220.807371, "relative_strength": -21.602186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.580528, "energy": 64.571139, "activity_lines": [ 157.523332, 158.693453, 169.503379, 176.612988 ] }, { "date": "2025-07-18", "close": 161.600006, "volume": 1000, "typical_volume": 292.6, "trend": 183.665666, "fair_value": 220.346345, "relative_strength": -19.727275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.552238, "energy": 54.240296, "activity_lines": [ 159.114668, 158.849454, 167.741571, 175.105526 ] }, { "date": "2025-07-25", "close": 161.600006, "volume": 10, "typical_volume": 293.1, "trend": 182.365666, "fair_value": 219.920063, "relative_strength": -19.13899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.79222, "energy": 50.471923, "activity_lines": [ 160.58867, 159.164365, 166.178, 173.681935 ] }, { "date": "2025-08-01", "close": 160.160004, "volume": 401, "typical_volume": 278.15, "trend": 180.914333, "fair_value": 219.484551, "relative_strength": -18.465004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.658893, "energy": 45.912364, "activity_lines": [ 160.956004, 159.287456, 164.675524, 172.249312 ] }, { "date": "2025-08-08", "close": 156.770004, "volume": 799, "typical_volume": 318.1, "trend": 179.286666, "fair_value": 218.946858, "relative_strength": -21.504154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.765036, "energy": 53.561725, "activity_lines": [ 159.662671, 158.87673, 163.038096, 170.691613 ] }, { "date": "2025-08-15", "close": 155.990005, "volume": 33, "typical_volume": 309.75, "trend": 177.633, "fair_value": 218.373781, "relative_strength": -21.442993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.879435, "energy": 72.89587, "activity_lines": [ 158.154005, 158.468367, 161.53043, 169.188603 ] }, { "date": "2025-08-22", "close": 156.800003, "volume": 300, "typical_volume": 324.75, "trend": 176.659666, "fair_value": 217.894294, "relative_strength": -21.234754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.543501, "energy": 62.525535, "activity_lines": [ 157.346004, 158.24564, 160.351002, 167.844538 ] }, { "date": "2025-08-29", "close": 158.880005, "volume": 77, "typical_volume": 328.6, "trend": 175.725667, "fair_value": 217.42673, "relative_strength": -21.385717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.354841, "energy": 57.177749, "activity_lines": [ 157.551338, 158.456368, 159.616907, 166.697463 ] }, { "date": "2025-09-05", "close": 163.440002, "volume": 3, "typical_volume": 328.75, "trend": 174.974, "fair_value": 216.980833, "relative_strength": -19.026408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.133368, "energy": 41.295585, "activity_lines": [ 159.458004, 159.374731, 159.554431, 165.90484 ] }, { "date": "2025-09-12", "close": 147.440002, "volume": 448, "typical_volume": 331.0, "trend": 173.689, "fair_value": 216.432371, "relative_strength": -26.062505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.38754, "energy": 56.958213, "activity_lines": [ 155.81267, 157.17964, 158.183764, 164.128453 ] }, { "date": "2025-09-19", "close": 142.800003, "volume": 12, "typical_volume": 331.5, "trend": 172.248667, "fair_value": 215.854166, "relative_strength": -29.658462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.982821, "energy": 70.276004, "activity_lines": [ 151.242669, 154.322731, 156.527098, 162.135614 ] }, { "date": "2025-09-26", "close": 141.169998, "volume": 90, "typical_volume": 315.9, "trend": 170.18, "fair_value": 215.265512, "relative_strength": -29.813839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.92875, "energy": 88.990312, "activity_lines": [ 147.008668, 151.52673, 154.862812, 160.130539 ] }, { "date": "2025-10-03", "close": 141.169998, "volume": 0, "typical_volume": 285.85, "trend": 168.111334, "fair_value": 214.67814, "relative_strength": -28.748179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.536028, "energy": 92.464103, "activity_lines": [ 143.816666, 149.102183, 153.33743, 158.258926 ] }, { "date": "2025-10-10", "close": 141.169998, "volume": 0, "typical_volume": 285.8, "trend": 166.163, "fair_value": 214.118589, "relative_strength": -26.495017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.906016, "energy": 89.878387, "activity_lines": [ 141.805332, 147.049091, 151.927668, 156.520775 ] }, { "date": "2025-10-17", "close": 143.639999, "volume": 89, "typical_volume": 290.25, "trend": 164.297001, "fair_value": 213.554807, "relative_strength": -26.090107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.158963, "energy": 87.060234, "activity_lines": [ 142.101999, 145.790364, 150.865192, 155.067678 ] }, { "date": "2025-10-24", "close": 145.350006, "volume": 200, "typical_volume": 265.2, "trend": 162.184667, "fair_value": 213.012371, "relative_strength": -26.051965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.682493, "energy": 65.231087, "activity_lines": [ 143.222001, 145.081274, 150.065859, 153.845292 ] }, { "date": "2025-10-31", "close": 140.550003, "volume": 240, "typical_volume": 257.2, "trend": 159.912334, "fair_value": 212.57391, "relative_strength": -29.533277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.149912, "energy": 63.801176, "activity_lines": [ 142.572002, 143.69291, 148.870097, 152.449507 ] }, { "date": "2025-11-07", "close": 139.160004, "volume": 478, "typical_volume": 260.6, "trend": 157.593667, "fair_value": 212.075769, "relative_strength": -31.673677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.215571, "energy": 69.41641, "activity_lines": [ 141.500003, 142.347274, 147.633812, 151.110647 ] }, { "date": "2025-11-14", "close": 143.080002, "volume": 3300, "typical_volume": 425.6, "trend": 155.405668, "fair_value": 211.511025, "relative_strength": -30.790064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.103843, "energy": 61.411957, "activity_lines": [ 141.86867, 142.072911, 146.832954, 150.174281 ] }, { "date": "2025-11-21", "close": 143.080002, "volume": 0, "typical_volume": 394.0, "trend": 154.169001, "fair_value": 210.946282, "relative_strength": -28.879311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.527635, "energy": 58.777139, "activity_lines": [ 142.110003, 142.168729, 146.075526, 149.379077 ] }, { "date": "2025-11-28", "close": 150.139999, "volume": 203, "typical_volume": 384.15, "trend": 153.380334, "fair_value": 210.140769, "relative_strength": -26.759681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.011854, "energy": 32.542798, "activity_lines": [ 144.742001, 143.627456, 146.058859, 149.119141 ] }, { "date": "2025-12-05", "close": 143.559998, "volume": 421, "typical_volume": 355.2, "trend": 152.487668, "fair_value": 209.319038, "relative_strength": -28.563076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.166263, "energy": 23.858139, "activity_lines": [ 144.861333, 143.756365, 145.474144, 148.485571 ] }, { "date": "2025-12-12", "close": 146.860001, "volume": 133, "typical_volume": 361.35, "trend": 151.868001, "fair_value": 208.416538, "relative_strength": -27.703551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.915889, "energy": 27.6829, "activity_lines": [ 145.88, 144.441819, 145.28962, 148.122496 ] }, { "date": "2025-12-19", "close": 171.929993, "volume": 2263, "typical_volume": 454.45, "trend": 152.109001, "fair_value": 207.756987, "relative_strength": -13.402003, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.034592, "energy": 50.711326, "activity_lines": [ 154.741998, 149.582, 147.562905, 149.416818 ] }, { "date": "2025-12-26", "close": 166.259995, "volume": 533, "typical_volume": 441.15, "trend": 152.161001, "fair_value": 207.073141, "relative_strength": -16.708148, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.162471, "energy": 71.663213, "activity_lines": [ 159.790663, 153.131998, 149.240143, 150.329785 ] }, { "date": "2026-01-02", "close": 167.009995, "volume": 3, "typical_volume": 439.65, "trend": 152.458001, "fair_value": 206.312884, "relative_strength": -15.254934, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.437725, "energy": 77.619555, "activity_lines": [ 163.543996, 156.407088, 150.943618, 151.287785 ] }, { "date": "2026-01-09", "close": 167.009995, "volume": 0, "typical_volume": 424.65, "trend": 152.697001, "fair_value": 205.552628, "relative_strength": -15.790066, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.979735, "energy": 79.125884, "activity_lines": [ 166.172662, 159.28836, 152.594618, 152.226623 ] }, { "date": "2026-01-16", "close": 163.520004, "volume": 1, "typical_volume": 420.85, "trend": 153.074334, "fair_value": 204.77, "relative_strength": -17.364348, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.192255, "energy": 75.754595, "activity_lines": [ 166.074665, 161.053998, 153.864618, 152.924882 ] }, { "date": "2026-01-23", "close": 148.899994, "volume": 611, "typical_volume": 451.25, "trend": 152.964334, "fair_value": 203.831282, "relative_strength": -29.896564, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.88411, "energy": 29.435464, "activity_lines": [ 159.992664, 159.718542, 153.720141, 152.655569 ] }, { "date": "2026-01-30", "close": 147.330002, "volume": 901, "typical_volume": 473.9, "trend": 152.627334, "fair_value": 202.8825, "relative_strength": -30.844124, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -8.555139, "energy": 14.784873, "activity_lines": [ 154.922666, 157.991816, 153.49538, 152.292064 ] }, { "date": "2026-02-06", "close": 149.860001, "volume": 273, "typical_volume": 486.95, "trend": 152.207668, "fair_value": 201.984551, "relative_strength": -29.489091, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.164928, "energy": 25.685514, "activity_lines": [ 151.958, 156.647817, 153.512094, 152.113527 ] }, { "date": "2026-02-13", "close": 156.630005, "volume": 1614, "typical_volume": 563.15, "trend": 152.042001, "fair_value": 201.185961, "relative_strength": -26.954276, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.247209, "energy": 27.924971, "activity_lines": [ 152.393335, 156.539818, 154.139952, 152.398839 ] }, { "date": "2026-02-20", "close": 166.100006, "volume": 513, "typical_volume": 588.8, "trend": 152.192001, "fair_value": 200.551154, "relative_strength": -23.435299, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.235849, "energy": 24.839606, "activity_lines": [ 156.677337, 157.916001, 155.596095, 153.305807 ] }, { "date": "2026-02-27", "close": 160.169998, "volume": 7738, "typical_volume": 975.7, "trend": 152.192334, "fair_value": 199.893333, "relative_strength": -24.456431, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.510829, "energy": 29.457421, "activity_lines": [ 158.812669, 157.864183, 156.368762, 153.820516 ] }, { "date": "2026-03-06", "close": 160.169998, "volume": 0, "typical_volume": 971.25, "trend": 152.305667, "fair_value": 199.385897, "relative_strength": -19.478319, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.698556, "energy": 39.337337, "activity_lines": [ 160.196667, 158.026182, 157.050952, 154.335204 ] }, { "date": "2026-03-13", "close": 156.940002, "volume": 401, "typical_volume": 981.3, "trend": 152.337334, "fair_value": 198.856538, "relative_strength": -19.41314, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.259701, "energy": 38.945412, "activity_lines": [ 159.648001, 157.711637, 157.346809, 154.634194 ] }, { "date": "2026-03-20", "close": 156.940002, "volume": 0, "typical_volume": 969.3, "trend": 152.342, "fair_value": 198.327179, "relative_strength": -17.8673, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.042607, "energy": 31.675255, "activity_lines": [ 158.627334, 157.580183, 157.587476, 154.93114 ] }, { "date": "2026-03-27", "close": 156.940002, "volume": 0, "typical_volume": 945.4, "trend": 152.277334, "fair_value": 197.746795, "relative_strength": -19.253938, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.581376, "energy": 15.417547, "activity_lines": [ 157.586001, 157.63182, 157.750096, 155.227785 ] }, { "date": "2026-04-03", "close": 156.940002, "volume": 0, "typical_volume": 780.4, "trend": 152.060667, "fair_value": 197.142756, "relative_strength": -20.898036, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.321467, "energy": 13.697089, "activity_lines": [ 157.155335, 157.803093, 157.828048, 155.528602 ] }, { "date": "2026-04-10", "close": 139.479996, "volume": 20, "typical_volume": 781.4, "trend": 151.795333, "fair_value": 196.463974, "relative_strength": -31.849161, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -42.260845, "energy": 43.882879, "activity_lines": [ 151.12, 154.653637, 156.177143, 154.716946 ] }, { "date": "2026-04-17", "close": 139.479996, "volume": 0, "typical_volume": 771.25, "trend": 151.684666, "fair_value": 195.784872, "relative_strength": -30.133219, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.234953, "energy": 66.937741, "activity_lines": [ 146.463998, 151.646909, 154.543381, 153.922408 ] }, { "date": "2026-04-24", "close": 132.839996, "volume": 1, "typical_volume": 750.25, "trend": 151.407, "fair_value": 195.111218, "relative_strength": -30.883753, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.25199, "energy": 86.218423, "activity_lines": [ 140.758664, 147.621635, 152.328, 152.706623 ] }, { "date": "2026-05-01", "close": 132.839996, "volume": 0, "typical_volume": 743.6, "trend": 151.129333, "fair_value": 194.451218, "relative_strength": -28.835635, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.200088, "energy": 84.447348, "activity_lines": [ 136.659996, 144.028907, 150.163666, 151.508752 ] }, { "date": "2026-05-08", "close": 131.960007, "volume": 600, "typical_volume": 660.45, "trend": 150.822333, "fair_value": 193.785577, "relative_strength": -27.329763, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.608566, "energy": 91.929134, "activity_lines": [ 133.874666, 140.880909, 147.982286, 150.272021 ] }, { "date": "2026-05-15", "close": 131.960007, "volume": 0, "typical_volume": 633.8, "trend": 150.433, "fair_value": 193.119936, "relative_strength": -23.873003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.916031, "energy": 91.136605, "activity_lines": [ 132.754669, 138.245819, 145.991239, 149.055097 ] }, { "date": "2026-05-22", "close": 135.720001, "volume": 2014, "typical_volume": 734.35, "trend": 150.112, "fair_value": 192.553718, "relative_strength": -20.562995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.401138, "energy": 88.32181, "activity_lines": [ 133.389336, 136.807274, 144.52162, 148.105871 ] }, { "date": "2026-05-29", "close": 132.570007, "volume": 211, "typical_volume": 744.9, "trend": 149.846, "fair_value": 191.967308, "relative_strength": -20.634065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.85483, "energy": 89.398019, "activity_lines": [ 133.224671, 135.18182, 142.901001, 146.97413 ] }, { "date": "2026-06-05", "close": 142.020004, "volume": 0, "typical_volume": 744.85, "trend": 149.941334, "fair_value": 191.429423, "relative_strength": -12.011858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.725, "energy": 56.94632, "activity_lines": [ 136.228005, 135.717639, 142.344383, 146.469227 ] }, { "date": "2026-06-12", "close": 142.020004, "volume": 0, "typical_volume": 714.3, "trend": 149.906, "fair_value": 190.844808, "relative_strength": -12.508507, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.356077, "energy": 42.359953, "activity_lines": [ 138.619338, 136.52473, 141.890145, 145.958173 ] }, { "date": "2026-06-19", "close": 142.020004, "volume": 0, "typical_volume": 669.25, "trend": 149.870667, "fair_value": 190.260192, "relative_strength": -10.697018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.409489, "energy": 35.653159, "activity_lines": [ 140.340004, 137.603095, 141.468669, 145.449399 ] }, { "date": "2026-06-26", "close": 142.020004, "volume": 0, "typical_volume": 655.6, "trend": 149.6, "fair_value": 189.830833, "relative_strength": -12.607729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.479192, "energy": 38.929199, "activity_lines": [ 141.390004, 138.635277, 141.072479, 144.942905 ] }, { "date": "2026-07-03", "close": 142.020004, "volume": 0, "typical_volume": 574.9, "trend": 149.548667, "fair_value": 189.40609, "relative_strength": -12.560566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.428026, "energy": 32.387319, "activity_lines": [ 142.020004, 139.621277, 140.713622, 144.453873 ] }, { "date": "2026-07-10", "close": 142.020004, "volume": 0, "typical_volume": 549.25, "trend": 149.387334, "fair_value": 188.998846, "relative_strength": -13.627497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.180734, "energy": 29.073146, "activity_lines": [ 142.020004, 140.440368, 140.424336, 143.968153 ] }, { "date": "2026-07-17", "close": 149.490005, "volume": 426, "typical_volume": 183.65, "trend": 148.639335, "fair_value": 188.639487, "relative_strength": -6.226738, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 21.349056, "energy": 31.89865, "activity_lines": [ 144.510004, 142.450732, 140.961146, 143.974777 ] }, { "date": "2026-07-24", "close": 148.800003, "volume": 600, "typical_volume": 213.65, "trend": 148.057335, "fair_value": 188.279167, "relative_strength": -6.136612, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 24.501307, "energy": 49.590639, "activity_lines": [ 146.272004, 144.016913, 141.483098, 143.985142 ] }, { "date": "2026-07-31", "close": 148.800003, "volume": 0, "typical_volume": 193.6, "trend": 147.450335, "fair_value": 187.854808, "relative_strength": -7.494027, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.683141, "energy": 71.417342, "activity_lines": [ 147.582004, 145.276913, 142.059194, 144.033056 ] }, { "date": "2026-08-07", "close": 161.100006, "volume": 62, "typical_volume": 196.7, "trend": 147.253335, "fair_value": 187.509295, "relative_strength": 3.82276, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.233734, "energy": 84.289264, "activity_lines": [ 152.540004, 148.535459, 143.84548, 144.91368 ] } ], "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." } } }