{ "ticker": { "uuid": "7b67141a-b933-441d-b7b8-6e714a8dd963", "symbol": "ATEA", "name": "Atea ASA", "exchange": "OSL", "country": "NO", "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": "OSEBX.OL", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 76.205, "architecture_energy": 53.85, "architecture_maturity": 33.706, "architecture_confidence": 73.785, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 21.28, "rotation_up": 51.03, "upward_expansion": 79.1, "deceleration": 66.32, "rotation_down": 26.21, "downward_expansion": 8.1 }, "activity_lines": [ 168.759999, 167.607272, 163.536577, 158.175096 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 174.399994, "trend_reference": 152.954991, "distance_from_trend": 0.140205, "trend_direction": "Improving", "fair_value": 132.65681, "distance_from_fair_value": 0.31467, "fair_value_direction": "Improving", "relative_strength": 4.47992, "relative_strength_direction": "Improving", "price_momentum": 0.221118, "excess_performance": 0.096125, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.140205, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039262, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.31467, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.113679, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.044799, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.100293, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.221118, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.391958, "read": "Demand-led" } ], "volume": { "latest": 214663, "relative_activity": 0.506576, "balance": 1.391958, "dry_up": 0.803833, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.040883, "annualized_volatility": 0.233466, "from_high_reference": -0.002288, "from_low_reference": 0.32833 }, "levels": { "trend_reference": 152.954991, "fair_value_reference": 132.65681, "structural_low": 131.292717, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.002801, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.027322, "regime_survival": 0.5, "best_return": 0.06338, "worst_return": -0.105029, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.051592, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.009081, "regime_survival": 0.0, "best_return": 0.122807, "worst_return": -0.108984, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.002499, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.035866, "regime_survival": 0.0, "best_return": 0.399573, "worst_return": -0.193506, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.124084, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.016195, "regime_survival": 0.25, "best_return": 0.290554, "worst_return": -0.2793, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-03-14", "tenure": "Established", "return": -0.070422, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-02", "tenure": "Developing", "return": 0.110439, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.024423, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-07-25", "tenure": "Developing", "return": -0.040431, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-10-10", "tenure": "Developing", "return": 0.030086, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": 0.042076, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.044913, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-02-06", "tenure": "Developing", "return": -0.095297, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": 0.018414, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": -0.002829, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": 0.080054, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.081117, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": -0.013221, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.015134, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 114.20874, "volume": 96809, "typical_volume": 367874.6, "trend": 116.088655, "fair_value": 108.011157, "relative_strength": 4.445627, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.14121, "energy": 52.696026, "activity_lines": [ 115.464288, 120.077043, 124.200976, 121.384565 ] }, { "date": "2023-08-25", "close": 111.444229, "volume": 301968, "typical_volume": 378491.6, "trend": 116.616203, "fair_value": 108.231991, "relative_strength": 1.978816, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.72804, "energy": 63.237691, "activity_lines": [ 113.920769, 117.66752, 123.011508, 121.084925 ] }, { "date": "2023-09-01", "close": 113.86319, "volume": 146762, "typical_volume": 375949.85, "trend": 117.20749, "fair_value": 108.454914, "relative_strength": 1.040995, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.935392, "energy": 55.491028, "activity_lines": [ 113.57521, 116.209872, 122.042214, 120.907311 ] }, { "date": "2023-09-08", "close": 112.480927, "volume": 81698, "typical_volume": 369001.0, "trend": 117.589396, "fair_value": 108.670893, "relative_strength": -0.575982, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.701934, "energy": 42.776078, "activity_lines": [ 113.045347, 114.887306, 120.932425, 120.602371 ] }, { "date": "2023-09-15", "close": 115.591003, "volume": 282816, "typical_volume": 364407.3, "trend": 117.973611, "fair_value": 108.895309, "relative_strength": -0.941162, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.598129, "energy": 36.500871, "activity_lines": [ 113.771033, 114.535459, 120.094845, 120.473443 ] }, { "date": "2023-09-22", "close": 116.800446, "volume": 117360, "typical_volume": 350310.65, "trend": 118.505132, "fair_value": 109.111185, "relative_strength": -0.18091, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.293832, "energy": 25.799155, "activity_lines": [ 114.865309, 114.65169, 119.424285, 120.397755 ] }, { "date": "2023-09-29", "close": 115.418213, "volume": 164395, "typical_volume": 340872.05, "trend": 118.951161, "fair_value": 109.329701, "relative_strength": -1.051598, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.660496, "energy": 20.929413, "activity_lines": [ 115.32606, 114.717661, 118.659108, 120.198599 ] }, { "date": "2023-10-06", "close": 110.925888, "volume": 87419, "typical_volume": 318460.45, "trend": 119.371332, "fair_value": 109.524212, "relative_strength": -2.187316, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.035917, "energy": 27.106958, "activity_lines": [ 114.024438, 114.001402, 117.529444, 119.680839 ] }, { "date": "2023-10-13", "close": 118.701065, "volume": 183499, "typical_volume": 295342.5, "trend": 120.039413, "fair_value": 109.738855, "relative_strength": -0.396899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.924548, "energy": 24.12037, "activity_lines": [ 115.510361, 114.827612, 117.241474, 119.637596 ] }, { "date": "2023-10-20", "close": 104.532959, "volume": 564719, "typical_volume": 292559.4, "trend": 120.21833, "fair_value": 109.853093, "relative_strength": -9.687371, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.799244, "energy": 53.279545, "activity_lines": [ 111.858906, 113.024399, 115.637894, 118.63718 ] }, { "date": "2023-10-27", "close": 96.75779, "volume": 414391, "typical_volume": 292926.0, "trend": 119.839622, "fair_value": 109.944325, "relative_strength": -15.763051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.973327, "energy": 84.544115, "activity_lines": [ 106.352931, 109.999149, 113.425465, 117.123596 ] }, { "date": "2023-11-03", "close": 104.187401, "volume": 239731, "typical_volume": 271245.4, "trend": 119.669149, "fair_value": 110.029514, "relative_strength": -10.792239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.626387, "energy": 77.204343, "activity_lines": [ 104.659671, 108.642027, 112.0934, 116.113776 ] }, { "date": "2023-11-10", "close": 105.569649, "volume": 355280, "typical_volume": 254273.8, "trend": 119.454651, "fair_value": 110.143149, "relative_strength": -9.450476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.327, "energy": 78.129876, "activity_lines": [ 104.17588, 107.668165, 111.061645, 115.204131 ] }, { "date": "2023-11-17", "close": 110.061974, "volume": 250674, "typical_volume": 243156.2, "trend": 119.54194, "fair_value": 110.293582, "relative_strength": -6.506225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.090651, "energy": 56.85373, "activity_lines": [ 105.546614, 107.661882, 110.598425, 114.598151 ] }, { "date": "2023-11-24", "close": 107.692917, "volume": 116779, "typical_volume": 233378.9, "trend": 118.915829, "fair_value": 110.399824, "relative_strength": -9.78599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.680959, "energy": 37.595504, "activity_lines": [ 106.703601, 107.268841, 110.027236, 113.833698 ] }, { "date": "2023-12-01", "close": 108.9328, "volume": 305317, "typical_volume": 236006.0, "trend": 118.394401, "fair_value": 110.521015, "relative_strength": -8.005119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.050914, "energy": 25.398021, "activity_lines": [ 108.063219, 107.244836, 109.67674, 113.189632 ] }, { "date": "2023-12-08", "close": 106.453018, "volume": 134504, "typical_volume": 219227.55, "trend": 117.652088, "fair_value": 110.610308, "relative_strength": -9.406098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.067072, "energy": 22.900468, "activity_lines": [ 107.784576, 106.913009, 109.180197, 112.41922 ] }, { "date": "2023-12-15", "close": 110.172676, "volume": 286855, "typical_volume": 225435.1, "trend": 116.918576, "fair_value": 110.729445, "relative_strength": -6.496562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.987682, "energy": 19.280414, "activity_lines": [ 108.594777, 107.420487, 109.089649, 111.936677 ] }, { "date": "2023-12-22", "close": 111.235443, "volume": 177756, "typical_volume": 223544.7, "trend": 116.433587, "fair_value": 110.860396, "relative_strength": -5.664498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.916965, "energy": 15.853822, "activity_lines": [ 109.452366, 108.13489, 109.137638, 111.570024 ] }, { "date": "2023-12-29", "close": 114.423714, "volume": 157674, "typical_volume": 223320.3, "trend": 115.841776, "fair_value": 110.987781, "relative_strength": -3.925355, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.306919, "energy": 8.53829, "activity_lines": [ 111.29448, 109.564718, 109.510834, 111.440354 ] }, { "date": "2024-01-05", "close": 111.412567, "volume": 633764, "typical_volume": 250168.05, "trend": 115.120796, "fair_value": 111.117867, "relative_strength": -7.286159, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.072399, "energy": 14.238712, "activity_lines": [ 111.684159, 110.267232, 109.600345, 111.154599 ] }, { "date": "2024-01-12", "close": 115.486481, "volume": 286578, "typical_volume": 249398.55, "trend": 114.316756, "fair_value": 111.248063, "relative_strength": -2.624379, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.476826, "energy": 14.104494, "activity_lines": [ 113.266492, 111.444008, 110.091163, 111.178192 ] }, { "date": "2024-01-19", "close": 117.612007, "volume": 269206, "typical_volume": 255520.75, "trend": 113.733312, "fair_value": 111.355879, "relative_strength": 0.59696, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.654671, "energy": 39.209352, "activity_lines": [ 114.955102, 112.801805, 110.765163, 111.390788 ] }, { "date": "2024-01-26", "close": 126.114075, "volume": 307206, "typical_volume": 266796.15, "trend": 113.444788, "fair_value": 111.509193, "relative_strength": 6.179216, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.527029, "energy": 66.628643, "activity_lines": [ 118.98178, 115.48648, 112.231033, 112.189547 ] }, { "date": "2024-02-02", "close": 122.040161, "volume": 249825, "typical_volume": 265146.6, "trend": 113.204768, "fair_value": 111.629392, "relative_strength": 4.150693, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.334304, "energy": 67.180501, "activity_lines": [ 120.658577, 117.138588, 113.24399, 112.744088 ] }, { "date": "2024-02-09", "close": 115.132225, "volume": 460279, "typical_volume": 282292.55, "trend": 112.780558, "fair_value": 111.663302, "relative_strength": 0.491175, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.46655, "energy": 64.260163, "activity_lines": [ 119.524966, 117.273848, 113.568339, 112.86844 ] }, { "date": "2024-02-16", "close": 115.663612, "volume": 318378, "typical_volume": 289991.7, "trend": 112.725385, "fair_value": 111.698618, "relative_strength": -1.065716, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.402424, "energy": 48.959105, "activity_lines": [ 118.320507, 117.393007, 113.95124, 113.054443 ] }, { "date": "2024-02-23", "close": 111.589691, "volume": 226207, "typical_volume": 296931.1, "trend": 112.511376, "fair_value": 111.678814, "relative_strength": -4.431559, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.711362, "energy": 16.951306, "activity_lines": [ 115.746265, 116.603988, 113.94498, 112.981173 ] }, { "date": "2024-03-01", "close": 111.235443, "volume": 251392, "typical_volume": 300325.75, "trend": 112.360431, "fair_value": 111.644738, "relative_strength": -5.923269, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.321918, "energy": 20.432026, "activity_lines": [ 113.455428, 115.724796, 113.901821, 112.898854 ] }, { "date": "2024-03-08", "close": 110.349815, "volume": 276642, "typical_volume": 285921.9, "trend": 112.203004, "fair_value": 111.655993, "relative_strength": -7.080712, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.295495, "energy": 17.643259, "activity_lines": [ 111.861291, 114.684581, 113.809868, 112.769137 ] }, { "date": "2024-03-15", "close": 111.943954, "volume": 399512, "typical_volume": 285177.95, "trend": 112.127511, "fair_value": 111.676466, "relative_strength": -6.768112, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.475863, "energy": 16.863918, "activity_lines": [ 111.57789, 114.00828, 113.842037, 112.752424 ] }, { "date": "2024-03-22", "close": 113.538078, "volume": 207721, "typical_volume": 283577.45, "trend": 112.197306, "fair_value": 111.680154, "relative_strength": -7.306139, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.938649, "energy": 15.047634, "activity_lines": [ 112.038415, 113.612159, 113.953713, 112.843428 ] }, { "date": "2024-03-29", "close": 114.955101, "volume": 177694, "typical_volume": 274698.15, "trend": 112.233703, "fair_value": 111.689925, "relative_strength": -6.694592, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.461294, "energy": 10.43949, "activity_lines": [ 113.112983, 113.509103, 114.155817, 113.021351 ] }, { "date": "2024-04-05", "close": 116.903496, "volume": 307294, "typical_volume": 277529.15, "trend": 112.381122, "fair_value": 111.687181, "relative_strength": -6.656739, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.429494, "energy": 19.949844, "activity_lines": [ 114.612656, 113.808609, 114.498789, 113.322628 ] }, { "date": "2024-04-12", "close": 119.383263, "volume": 394869, "typical_volume": 291433.65, "trend": 112.507531, "fair_value": 111.664328, "relative_strength": -6.293899, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.937757, "energy": 35.513442, "activity_lines": [ 116.561047, 114.726446, 115.045351, 113.774379 ] }, { "date": "2024-04-19", "close": 115.840729, "volume": 178261, "typical_volume": 285080.85, "trend": 112.47554, "fair_value": 111.611764, "relative_strength": -6.658417, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.488411, "energy": 36.71843, "activity_lines": [ 116.726364, 115.048494, 115.19886, 113.989424 ] }, { "date": "2024-04-26", "close": 122.394432, "volume": 338218, "typical_volume": 295266.55, "trend": 112.708081, "fair_value": 111.585654, "relative_strength": -2.888855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.421064, "energy": 63.23944, "activity_lines": [ 118.816464, 116.549242, 115.943637, 114.629352 ] }, { "date": "2024-05-03", "close": 126.291206, "volume": 327798, "typical_volume": 297313.7, "trend": 113.220258, "fair_value": 111.605857, "relative_strength": 0.046719, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.74256, "energy": 75.282515, "activity_lines": [ 121.615064, 118.636115, 116.983623, 115.505683 ] }, { "date": "2024-05-10", "close": 130.187973, "volume": 272339, "typical_volume": 302042.85, "trend": 113.603155, "fair_value": 111.646976, "relative_strength": -0.014536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.699029, "energy": 86.863205, "activity_lines": [ 124.956847, 121.164192, 118.317975, 116.600374 ] }, { "date": "2024-05-17", "close": 130.010864, "volume": 197222, "typical_volume": 304020.25, "trend": 114.452419, "fair_value": 111.660546, "relative_strength": 0.350331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.326731, "energy": 88.271328, "activity_lines": [ 127.353962, 123.315476, 119.54521, 117.658936 ] }, { "date": "2024-05-24", "close": 133.381104, "volume": 250808, "typical_volume": 284872.45, "trend": 115.673196, "fair_value": 111.681498, "relative_strength": 2.653523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.811906, "energy": 91.987929, "activity_lines": [ 130.165983, 125.722056, 121.019195, 118.880142 ] }, { "date": "2024-05-31", "close": 132.47374, "volume": 303606, "typical_volume": 285723.85, "trend": 116.616074, "fair_value": 111.653965, "relative_strength": 1.084092, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.066614, "energy": 87.529214, "activity_lines": [ 131.506191, 127.573896, 122.302153, 119.964048 ] }, { "date": "2024-06-07", "close": 135.558746, "volume": 321371, "typical_volume": 288332.1, "trend": 117.61571, "fair_value": 111.690908, "relative_strength": 4.975428, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.435088, "energy": 88.368561, "activity_lines": [ 133.20278, 129.64236, 123.798029, 121.186156 ] }, { "date": "2024-06-14", "close": 139.006683, "volume": 675889, "typical_volume": 306766.25, "trend": 118.580534, "fair_value": 111.763159, "relative_strength": 10.383479, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.586134, "energy": 87.086101, "activity_lines": [ 135.430846, 131.963111, 125.536819, 122.566218 ] }, { "date": "2024-06-21", "close": 142.817581, "volume": 356845, "typical_volume": 312117.25, "trend": 119.751356, "fair_value": 111.830378, "relative_strength": 12.445273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.4114, "energy": 86.855431, "activity_lines": [ 138.341297, 134.574875, 127.577158, 124.129899 ] }, { "date": "2024-06-28", "close": 138.825226, "volume": 316704, "typical_volume": 304938.5, "trend": 120.74777, "fair_value": 111.858798, "relative_strength": 8.430341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.128184, "energy": 72.179393, "activity_lines": [ 139.067182, 136.034679, 129.138334, 125.360471 ] }, { "date": "2024-07-05", "close": 137.010513, "volume": 258631, "typical_volume": 301951.15, "trend": 121.766353, "fair_value": 111.877618, "relative_strength": 7.537142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.078422, "energy": 62.522566, "activity_lines": [ 138.825222, 136.746635, 130.413855, 126.40968 ] }, { "date": "2024-07-12", "close": 128.118439, "volume": 374771, "typical_volume": 309379.35, "trend": 122.364545, "fair_value": 111.836389, "relative_strength": -0.169971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.215168, "energy": 41.645877, "activity_lines": [ 135.316785, 135.576103, 130.740861, 126.819492 ] }, { "date": "2024-07-19", "close": 126.303719, "volume": 285764, "typical_volume": 311097.95, "trend": 122.866821, "fair_value": 111.78048, "relative_strength": -2.005713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.794465, "energy": 21.531867, "activity_lines": [ 131.699462, 134.0424, 130.816327, 127.073633 ] }, { "date": "2024-07-26", "close": 128.118439, "volume": 176818, "typical_volume": 306106.75, "trend": 123.323312, "fair_value": 111.746362, "relative_strength": 0.153957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.671241, "energy": 26.168334, "activity_lines": [ 129.533909, 132.909269, 130.992871, 127.412447 ] }, { "date": "2024-08-02", "close": 130.114609, "volume": 230288, "typical_volume": 297645.55, "trend": 123.946714, "fair_value": 111.734184, "relative_strength": 3.55453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.520693, "energy": 25.459252, "activity_lines": [ 129.01369, 132.173485, 131.274913, 127.850595 ] }, { "date": "2024-08-09", "close": 125.759331, "volume": 212359, "typical_volume": 297877.45, "trend": 124.289142, "fair_value": 111.702214, "relative_strength": -0.148672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.662181, "energy": 16.492752, "activity_lines": [ 127.622419, 130.705224, 131.05564, 127.967538 ] }, { "date": "2024-08-16", "close": 128.299911, "volume": 109270, "typical_volume": 294456.25, "trend": 124.645405, "fair_value": 111.677387, "relative_strength": -0.170691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.899713, "energy": 14.533819, "activity_lines": [ 127.828087, 129.820966, 131.020131, 128.226297 ] }, { "date": "2024-08-23", "close": 126.848137, "volume": 136381, "typical_volume": 285910.6, "trend": 124.669874, "fair_value": 111.617856, "relative_strength": -0.682852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.214216, "energy": 11.739155, "activity_lines": [ 127.537732, 128.804728, 130.78281, 128.368409 ] }, { "date": "2024-08-30", "close": 131.384918, "volume": 231289, "typical_volume": 277731.6, "trend": 124.981366, "fair_value": 111.596551, "relative_strength": 2.48554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.824225, "energy": 11.051493, "activity_lines": [ 128.723343, 128.834424, 130.930209, 128.801637 ] }, { "date": "2024-09-06", "close": 132.110809, "volume": 145164, "typical_volume": 276076.75, "trend": 125.547319, "fair_value": 111.637804, "relative_strength": 6.87979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.125151, "energy": 15.318429, "activity_lines": [ 129.933152, 129.203967, 131.089589, 129.261602 ] }, { "date": "2024-09-13", "close": 130.47757, "volume": 188354, "typical_volume": 268583.55, "trend": 126.041117, "fair_value": 111.681795, "relative_strength": 3.861765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.922278, "energy": 15.835362, "activity_lines": [ 130.465468, 129.398637, 131.015947, 129.579682 ] }, { "date": "2024-09-20", "close": 131.929321, "volume": 252698, "typical_volume": 264828.55, "trend": 126.719105, "fair_value": 111.747283, "relative_strength": 4.928448, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.025306, "energy": 21.380551, "activity_lines": [ 131.167152, 129.976043, 131.042075, 129.959566 ] }, { "date": "2024-09-27", "close": 123.944603, "volume": 227435, "typical_volume": 262583.35, "trend": 127.142744, "fair_value": 111.785969, "relative_strength": -1.359317, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.131011, "energy": 2.934915, "activity_lines": [ 128.965303, 129.032393, 130.280905, 129.780566 ] }, { "date": "2024-10-04", "close": 119.407845, "volume": 244870, "typical_volume": 264965.75, "trend": 127.444678, "fair_value": 111.787446, "relative_strength": -7.632912, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.366623, "energy": 38.152015, "activity_lines": [ 125.44477, 127.306771, 129.117394, 129.281541 ] }, { "date": "2024-10-11", "close": 125.940804, "volume": 436966, "typical_volume": 274273.65, "trend": 127.91124, "fair_value": 111.836896, "relative_strength": -2.495087, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.835021, "energy": 41.917141, "activity_lines": [ 124.900361, 126.927335, 128.62656, 129.184516 ] }, { "date": "2024-10-18", "close": 126.122246, "volume": 271963, "typical_volume": 272691.5, "trend": 128.330712, "fair_value": 111.87735, "relative_strength": -1.407383, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.568647, "energy": 47.231949, "activity_lines": [ 124.827767, 126.656775, 128.188436, 129.069097 ] }, { "date": "2024-10-25", "close": 127.755508, "volume": 625135, "typical_volume": 287879.7, "trend": 128.757392, "fair_value": 111.893732, "relative_strength": -2.245345, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.260716, "energy": 34.701753, "activity_lines": [ 125.589949, 126.676574, 127.936106, 129.031988 ] }, { "date": "2024-11-01", "close": 124.489014, "volume": 449261, "typical_volume": 276548.3, "trend": 129.010243, "fair_value": 111.899335, "relative_strength": -3.003581, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.926065, "energy": 26.59703, "activity_lines": [ 125.541553, 126.112362, 127.40984, 128.756608 ] }, { "date": "2024-11-08", "close": 124.307541, "volume": 283419, "typical_volume": 272877.0, "trend": 129.174385, "fair_value": 111.879714, "relative_strength": -2.112819, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.218888, "energy": 26.634114, "activity_lines": [ 125.396372, 125.558049, 126.935422, 128.453208 ] }, { "date": "2024-11-15", "close": 123.581665, "volume": 343141, "typical_volume": 274198.85, "trend": 129.432417, "fair_value": 111.850279, "relative_strength": -4.622459, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.416568, "energy": 28.918666, "activity_lines": [ 124.682586, 125.000438, 126.480016, 128.092388 ] }, { "date": "2024-11-22", "close": 124.101051, "volume": 317504, "typical_volume": 277142.5, "trend": 129.489304, "fair_value": 111.820044, "relative_strength": -5.816811, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.316275, "energy": 31.564347, "activity_lines": [ 124.299205, 124.692336, 126.146664, 127.748428 ] }, { "date": "2024-11-29", "close": 126.523445, "volume": 451720, "typical_volume": 280989.95, "trend": 129.497045, "fair_value": 111.795015, "relative_strength": -3.096775, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.167183, "energy": 26.245874, "activity_lines": [ 124.858035, 124.940606, 126.10549, 127.557083 ] }, { "date": "2024-12-06", "close": 130.99556, "volume": 307899, "typical_volume": 282096.7, "trend": 129.523965, "fair_value": 111.80175, "relative_strength": 0.474039, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.209944, "energy": 10.2163, "activity_lines": [ 126.989707, 126.100276, 126.497827, 127.653761 ] }, { "date": "2024-12-13", "close": 132.299911, "volume": 169846, "typical_volume": 281748.1, "trend": 129.600266, "fair_value": 111.868457, "relative_strength": 1.593233, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.232696, "energy": 11.433414, "activity_lines": [ 129.122393, 127.368903, 126.992045, 127.832854 ] }, { "date": "2024-12-20", "close": 129.132187, "volume": 283858, "typical_volume": 284426.6, "trend": 129.458636, "fair_value": 111.877698, "relative_strength": 2.231928, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.167426, "energy": 16.22694, "activity_lines": [ 129.666347, 127.827178, 127.164664, 127.802656 ] }, { "date": "2024-12-27", "close": 129.691177, "volume": 60583, "typical_volume": 276837.8, "trend": 129.365884, "fair_value": 111.862653, "relative_strength": 0.831208, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.99813, "energy": 18.636162, "activity_lines": [ 130.026595, 128.329062, 127.395198, 127.817658 ] }, { "date": "2025-01-03", "close": 131.36824, "volume": 77904, "typical_volume": 275269.5, "trend": 129.2262, "fair_value": 111.889325, "relative_strength": -0.587255, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.851021, "energy": 27.459408, "activity_lines": [ 130.57319, 129.070977, 127.76673, 127.946843 ] }, { "date": "2025-01-10", "close": 130.063873, "volume": 153052, "typical_volume": 276103.05, "trend": 128.928106, "fair_value": 111.894217, "relative_strength": -2.70569, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.300176, "energy": 16.712686, "activity_lines": [ 130.362009, 129.510049, 127.999424, 128.000886 ] }, { "date": "2025-01-17", "close": 124.660065, "volume": 474611, "typical_volume": 288269.15, "trend": 128.322856, "fair_value": 111.895434, "relative_strength": -7.443263, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.202731, "energy": 7.632261, "activity_lines": [ 128.411672, 128.865249, 127.702158, 127.725529 ] }, { "date": "2025-01-24", "close": 125.778084, "volume": 203874, "typical_volume": 291204.65, "trend": 127.887951, "fair_value": 111.940978, "relative_strength": -6.069245, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.685512, "energy": 11.514738, "activity_lines": [ 127.34333, 128.417315, 127.543392, 127.56135 ] }, { "date": "2025-01-31", "close": 134.349625, "volume": 276599, "typical_volume": 295616.9, "trend": 127.799255, "fair_value": 112.034242, "relative_strength": -1.256109, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.605328, "energy": 19.721359, "activity_lines": [ 129.355776, 129.487909, 128.23112, 127.978232 ] }, { "date": "2025-02-07", "close": 127.082443, "volume": 875093, "typical_volume": 326736.65, "trend": 127.764722, "fair_value": 112.157303, "relative_strength": -4.539841, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 23.488786, "energy": 12.143874, "activity_lines": [ 128.635265, 129.050859, 128.208296, 127.931986 ] }, { "date": "2025-02-14", "close": 122.796692, "volume": 524249, "typical_volume": 341577.35, "trend": 127.647821, "fair_value": 112.26115, "relative_strength": -7.773406, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.347423, "energy": 11.67138, "activity_lines": [ 126.771889, 127.824419, 127.800387, 127.611468 ] }, { "date": "2025-02-21", "close": 125.778084, "volume": 244069, "typical_volume": 341537.3, "trend": 127.569809, "fair_value": 112.386172, "relative_strength": -6.19823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.800581, "energy": 11.364429, "activity_lines": [ 126.38679, 127.289119, 127.681885, 127.49084 ] }, { "date": "2025-02-28", "close": 123.355698, "volume": 295968, "typical_volume": 334487.4, "trend": 127.344512, "fair_value": 112.50186, "relative_strength": -7.262478, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.325733, "energy": 32.120347, "activity_lines": [ 125.119694, 126.431965, 127.302346, 127.218962 ] }, { "date": "2025-03-07", "close": 123.728378, "volume": 242015, "typical_volume": 332990.0, "trend": 127.276813, "fair_value": 112.595164, "relative_strength": -6.995331, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.802494, "energy": 44.737175, "activity_lines": [ 124.138317, 125.747598, 126.97061, 126.985663 ] }, { "date": "2025-03-14", "close": 122.983025, "volume": 192874, "typical_volume": 311376.95, "trend": 127.099584, "fair_value": 112.659949, "relative_strength": -8.29583, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.393627, "energy": 46.572012, "activity_lines": [ 123.616573, 125.036126, 126.579287, 126.708644 ] }, { "date": "2025-03-21", "close": 123.169365, "volume": 416711, "typical_volume": 309749.45, "trend": 126.976958, "fair_value": 112.751734, "relative_strength": -9.830549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.554753, "energy": 46.081744, "activity_lines": [ 123.430236, 124.510993, 126.228438, 126.455082 ] }, { "date": "2025-03-28", "close": 121.86499, "volume": 498087, "typical_volume": 320482.85, "trend": 126.659627, "fair_value": 112.857865, "relative_strength": -9.466601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.933769, "energy": 45.77903, "activity_lines": [ 122.784263, 123.874056, 125.759646, 126.125277 ] }, { "date": "2025-04-04", "close": 117.392883, "volume": 443329, "typical_volume": 325492.25, "trend": 126.16903, "fair_value": 112.962167, "relative_strength": -5.377856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.522765, "energy": 56.986254, "activity_lines": [ 120.90846, 122.474828, 124.87657, 125.527423 ] }, { "date": "2025-04-11", "close": 119.256264, "volume": 404471, "typical_volume": 329840.6, "trend": 125.794986, "fair_value": 113.085638, "relative_strength": -4.627991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.048973, "energy": 52.052905, "activity_lines": [ 120.051305, 121.566854, 124.20043, 125.081438 ] }, { "date": "2025-04-18", "close": 125.964424, "volume": 83903, "typical_volume": 311449.75, "trend": 125.596156, "fair_value": 113.260368, "relative_strength": -2.040809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.27319, "energy": 32.032763, "activity_lines": [ 121.728345, 122.152971, 124.186232, 125.092369 ] }, { "date": "2025-04-25", "close": 130.809204, "volume": 259461, "typical_volume": 309027.85, "trend": 125.824976, "fair_value": 113.502024, "relative_strength": 1.096425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.416721, "energy": 7.478453, "activity_lines": [ 124.821551, 123.640284, 124.636104, 125.428695 ] }, { "date": "2025-05-02", "close": 136.772034, "volume": 349649, "typical_volume": 318018.0, "trend": 126.403783, "fair_value": 113.804127, "relative_strength": 1.978344, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.734589, "energy": 31.084887, "activity_lines": [ 129.393045, 126.066066, 125.654752, 126.134957 ] }, { "date": "2025-05-09", "close": 137.331024, "volume": 186474, "typical_volume": 313148.8, "trend": 126.783457, "fair_value": 114.102405, "relative_strength": 2.733539, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.494354, "energy": 61.834334, "activity_lines": [ 133.157065, 128.393593, 126.705341, 126.83994 ] }, { "date": "2025-05-16", "close": 140.68512, "volume": 162493, "typical_volume": 318244.3, "trend": 127.268886, "fair_value": 114.423243, "relative_strength": 1.237327, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.951528, "energy": 85.923861, "activity_lines": [ 136.709909, 131.076859, 128.036326, 127.736822 ] }, { "date": "2025-05-23", "close": 141.512695, "volume": 462004, "typical_volume": 337449.3, "trend": 127.727459, "fair_value": 114.733511, "relative_strength": 2.930191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.664242, "energy": 87.898147, "activity_lines": [ 139.11002, 133.602288, 129.393775, 128.655777 ] }, { "date": "2025-05-30", "close": 138.842667, "volume": 319206, "typical_volume": 345757.0, "trend": 128.205914, "fair_value": 115.048887, "relative_strength": 0.282321, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.063275, "energy": 83.635419, "activity_lines": [ 139.58357, 135.305355, 130.44863, 129.372887 ] }, { "date": "2025-06-06", "close": 142.275574, "volume": 264284, "typical_volume": 335240.65, "trend": 128.804848, "fair_value": 115.415901, "relative_strength": 1.390303, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.789717, "energy": 83.518075, "activity_lines": [ 140.665859, 137.347617, 131.788623, 130.280607 ] }, { "date": "2025-06-13", "close": 143.229156, "volume": 254882, "typical_volume": 337791.05, "trend": 129.459765, "fair_value": 115.820246, "relative_strength": -0.355008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.775528, "energy": 73.474242, "activity_lines": [ 141.699106, 139.192157, 133.135551, 131.211208 ] }, { "date": "2025-06-20", "close": 146.852798, "volume": 556463, "typical_volume": 351784.25, "trend": 130.218156, "fair_value": 116.230358, "relative_strength": 1.410481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.214573, "energy": 69.417278, "activity_lines": [ 143.547024, 141.22579, 134.744488, 132.333339 ] }, { "date": "2025-06-27", "close": 149.713577, "volume": 309823, "typical_volume": 323520.75, "trend": 130.991161, "fair_value": 116.63976, "relative_strength": 5.812256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.657064, "energy": 73.155155, "activity_lines": [ 145.937357, 143.277809, 136.56634, 133.591108 ] }, { "date": "2025-07-04", "close": 145.517776, "volume": 337296, "typical_volume": 314173.1, "trend": 131.475234, "fair_value": 117.019091, "relative_strength": 1.488785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.421056, "energy": 59.70803, "activity_lines": [ 146.382365, 144.135153, 137.880825, 134.528309 ] }, { "date": "2025-07-11", "close": 148.759979, "volume": 247400, "typical_volume": 314339.65, "trend": 132.023903, "fair_value": 117.399098, "relative_strength": 4.004258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.518425, "energy": 69.6739, "activity_lines": [ 147.463099, 145.31456, 139.395896, 135.643454 ] }, { "date": "2025-07-18", "close": 136.363312, "volume": 887652, "typical_volume": 343923.85, "trend": 132.264941, "fair_value": 117.660483, "relative_strength": -3.993128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.421839, "energy": 41.695026, "activity_lines": [ 143.979317, 144.022065, 139.620894, 135.923416 ] }, { "date": "2025-07-25", "close": 135.791153, "volume": 707049, "typical_volume": 367175.55, "trend": 132.468273, "fair_value": 117.907618, "relative_strength": -4.144677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.622945, "energy": 22.981792, "activity_lines": [ 140.762539, 142.643135, 139.72946, 136.150913 ] }, { "date": "2025-08-01", "close": 133.121124, "volume": 550640, "typical_volume": 385063.85, "trend": 132.526703, "fair_value": 118.147161, "relative_strength": -5.301003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.342466, "energy": 22.931984, "activity_lines": [ 137.393193, 140.867727, 139.526295, 136.193033 ] }, { "date": "2025-08-08", "close": 134.456131, "volume": 604120, "typical_volume": 394434.3, "trend": 132.673111, "fair_value": 118.382564, "relative_strength": -5.242475, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.085385, "energy": 27.337833, "activity_lines": [ 135.575014, 139.487621, 139.401998, 136.317512 ] }, { "date": "2025-08-15", "close": 135.791153, "volume": 433785, "typical_volume": 391219.2, "trend": 133.044148, "fair_value": 118.642398, "relative_strength": -4.853616, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.739842, "energy": 24.225963, "activity_lines": [ 134.939285, 138.430002, 139.351098, 136.518676 ] }, { "date": "2025-08-22", "close": 139.414795, "volume": 369824, "typical_volume": 387543.95, "trend": 133.498705, "fair_value": 118.942392, "relative_strength": -3.987807, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.789203, "energy": 17.604449, "activity_lines": [ 136.376025, 138.149126, 139.578993, 136.929685 ] }, { "date": "2025-08-29", "close": 133.502533, "volume": 647549, "typical_volume": 399697.85, "trend": 133.470468, "fair_value": 119.216129, "relative_strength": -6.847855, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.512173, "energy": 13.717233, "activity_lines": [ 135.638579, 136.862645, 139.138949, 136.929932 ] }, { "date": "2025-09-05", "close": 134.265411, "volume": 659057, "typical_volume": 428455.55, "trend": 133.709901, "fair_value": 119.514863, "relative_strength": -4.861319, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.09123, "energy": 11.041981, "activity_lines": [ 135.308001, 135.9576, 138.70372, 136.981219 ] }, { "date": "2025-09-12", "close": 135.219009, "volume": 338292, "typical_volume": 432397.1, "trend": 134.123978, "fair_value": 119.851458, "relative_strength": -5.620156, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.743638, "energy": 11.136894, "activity_lines": [ 135.219002, 135.506814, 138.319782, 137.078581 ] }, { "date": "2025-09-19", "close": 138.079788, "volume": 613078, "typical_volume": 445568.55, "trend": 134.534035, "fair_value": 120.221737, "relative_strength": -2.886018, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.189803, "energy": 14.546386, "activity_lines": [ 136.032738, 135.763419, 138.1873, 137.333794 ] }, { "date": "2025-09-26", "close": 135.409729, "volume": 240288, "typical_volume": 448259.25, "trend": 134.935836, "fair_value": 120.575428, "relative_strength": -5.585602, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.575647, "energy": 11.057114, "activity_lines": [ 135.803879, 135.728744, 137.794299, 137.390291 ] }, { "date": "2025-10-03", "close": 136.554031, "volume": 457260, "typical_volume": 462997.6, "trend": 135.363357, "fair_value": 120.911057, "relative_strength": -4.105943, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.307561, "energy": 9.450212, "activity_lines": [ 136.223458, 135.919462, 137.519428, 137.49469 ] }, { "date": "2025-10-10", "close": 137.12619, "volume": 268433, "typical_volume": 453319.05, "trend": 135.834796, "fair_value": 121.248236, "relative_strength": -3.644019, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.868894, "energy": 9.336878, "activity_lines": [ 136.630323, 136.200338, 137.31872, 137.608421 ] }, { "date": "2025-10-17", "close": 135.981888, "volume": 211613, "typical_volume": 447939.4, "trend": 136.26188, "fair_value": 121.550566, "relative_strength": -2.727529, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.908872, "energy": 5.655245, "activity_lines": [ 136.465036, 136.20034, 137.02992, 137.617911 ] }, { "date": "2025-10-24", "close": 143.992035, "volume": 680673, "typical_volume": 468758.85, "trend": 136.999449, "fair_value": 121.864028, "relative_strength": 1.765448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.529613, "energy": 28.566219, "activity_lines": [ 138.918939, 137.628991, 137.517613, 138.116631 ] }, { "date": "2025-10-31", "close": 147.234222, "volume": 579946, "typical_volume": 485012.05, "trend": 137.99416, "fair_value": 122.18769, "relative_strength": 5.953968, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.863347, "energy": 57.861121, "activity_lines": [ 142.059422, 139.498024, 138.305912, 138.776939 ] }, { "date": "2025-11-07", "close": 141.703415, "volume": 459569, "typical_volume": 480167.35, "trend": 138.742398, "fair_value": 122.453675, "relative_strength": 2.757244, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.603407, "energy": 46.606467, "activity_lines": [ 142.568002, 140.219285, 138.548397, 139.016246 ] }, { "date": "2025-11-14", "close": 143.038452, "volume": 337782, "typical_volume": 481565.3, "trend": 139.311532, "fair_value": 122.710005, "relative_strength": 2.654587, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.360052, "energy": 46.118118, "activity_lines": [ 143.178303, 141.034172, 138.942548, 139.29341 ] }, { "date": "2025-11-21", "close": 142.038406, "volume": 317824, "typical_volume": 480591.7, "trend": 139.685839, "fair_value": 122.962091, "relative_strength": 3.819917, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.359213, "energy": 39.946164, "activity_lines": [ 143.061104, 141.507723, 139.273243, 139.469338 ] }, { "date": "2025-11-28", "close": 145.164429, "volume": 530678, "typical_volume": 494755.6, "trend": 139.965586, "fair_value": 123.251542, "relative_strength": 4.317178, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.32603, "energy": 27.199506, "activity_lines": [ 143.582145, 142.425652, 139.918223, 139.822795 ] }, { "date": "2025-12-05", "close": 149.462692, "volume": 295473, "typical_volume": 465146.65, "trend": 140.369975, "fair_value": 123.580457, "relative_strength": 5.879169, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.925551, "energy": 51.566383, "activity_lines": [ 145.457781, 143.996273, 140.989683, 140.435512 ] }, { "date": "2025-12-12", "close": 157.863876, "volume": 374718, "typical_volume": 448530.1, "trend": 140.9426, "fair_value": 123.989217, "relative_strength": 11.011952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.672696, "energy": 77.800308, "activity_lines": [ 149.985247, 146.838873, 142.798878, 141.56415 ] }, { "date": "2025-12-19", "close": 155.91011, "volume": 677149, "typical_volume": 454855.55, "trend": 141.422514, "fair_value": 124.383287, "relative_strength": 8.45229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.673897, "energy": 84.970854, "activity_lines": [ 152.784093, 148.938791, 144.316892, 142.529796 ] }, { "date": "2025-12-26", "close": 152.002594, "volume": 321998, "typical_volume": 440749.45, "trend": 141.861178, "fair_value": 124.740396, "relative_strength": 5.325239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.028928, "energy": 80.383539, "activity_lines": [ 153.422323, 149.986726, 145.354243, 143.212382 ] }, { "date": "2026-01-02", "close": 151.025711, "volume": 241435, "typical_volume": 431131.95, "trend": 142.152849, "fair_value": 125.081497, "relative_strength": 2.79004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.248596, "energy": 76.507366, "activity_lines": [ 153.070647, 150.56576, 146.215002, 143.803642 ] }, { "date": "2026-01-09", "close": 159.036133, "volume": 777684, "typical_volume": 451524.95, "trend": 142.679748, "fair_value": 125.471781, "relative_strength": 8.088411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.546502, "energy": 69.554404, "activity_lines": [ 154.998359, 152.473349, 147.766113, 144.892886 ] }, { "date": "2026-01-16", "close": 158.254623, "volume": 519811, "typical_volume": 445138.05, "trend": 143.059809, "fair_value": 125.849475, "relative_strength": 4.096745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.60746, "energy": 55.757541, "activity_lines": [ 156.027339, 154.024266, 149.14936, 145.897717 ] }, { "date": "2026-01-23", "close": 155.323975, "volume": 534535, "typical_volume": 438911.95, "trend": 143.246822, "fair_value": 126.232207, "relative_strength": 3.084245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.823142, "energy": 52.164216, "activity_lines": [ 156.053385, 154.741406, 150.13563, 146.688954 ] }, { "date": "2026-01-30", "close": 150.439575, "volume": 257442, "typical_volume": 434869.45, "trend": 143.410882, "fair_value": 126.58038, "relative_strength": -1.619223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.351846, "energy": 45.478733, "activity_lines": [ 154.490375, 154.347101, 150.55644, 147.153002 ] }, { "date": "2026-02-06", "close": 142.819901, "volume": 508878, "typical_volume": 429659.45, "trend": 143.21288, "fair_value": 126.848304, "relative_strength": -8.576249, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.498593, "energy": 14.807831, "activity_lines": [ 150.491674, 152.414652, 150.179089, 147.114874 ] }, { "date": "2026-02-13", "close": 137.935501, "volume": 1843087, "typical_volume": 509799.4, "trend": 143.265286, "fair_value": 127.065426, "relative_strength": -12.638329, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.561256, "energy": 19.212642, "activity_lines": [ 145.411894, 149.636758, 149.313984, 146.774398 ] }, { "date": "2026-02-20", "close": 142.233795, "volume": 461520, "typical_volume": 510012.4, "trend": 143.480041, "fair_value": 127.330676, "relative_strength": -12.680675, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.917018, "energy": 31.908434, "activity_lines": [ 143.171587, 147.849957, 148.846213, 146.70785 ] }, { "date": "2026-02-27", "close": 141.061523, "volume": 799904, "typical_volume": 536585.95, "trend": 143.744721, "fair_value": 127.580831, "relative_strength": -13.602864, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.741799, "energy": 36.699839, "activity_lines": [ 141.608578, 146.134199, 148.239751, 146.551817 ] }, { "date": "2026-03-06", "close": 140.475403, "volume": 655827, "typical_volume": 558796.65, "trend": 143.945363, "fair_value": 127.851053, "relative_strength": -14.334434, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.967102, "energy": 41.848447, "activity_lines": [ 140.801026, 144.581848, 147.558728, 146.340893 ] }, { "date": "2026-03-13", "close": 138.130875, "volume": 696021, "typical_volume": 559564.05, "trend": 144.023354, "fair_value": 128.10408, "relative_strength": -17.373793, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.646323, "energy": 51.392189, "activity_lines": [ 139.876243, 142.812804, 146.633019, 145.965765 ] }, { "date": "2026-03-20", "close": 134.027985, "volume": 781194, "typical_volume": 569626.45, "trend": 143.843794, "fair_value": 128.327558, "relative_strength": -20.450029, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.734482, "energy": 52.685552, "activity_lines": [ 137.896432, 140.532232, 145.344469, 145.320902 ] }, { "date": "2026-03-27", "close": 133.246475, "volume": 614277, "typical_volume": 577361.85, "trend": 143.835258, "fair_value": 128.488631, "relative_strength": -21.280828, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.572245, "energy": 59.709671, "activity_lines": [ 135.916618, 138.564261, 144.044377, 144.637204 ] }, { "date": "2026-04-03", "close": 135.98175, "volume": 412412, "typical_volume": 581093.35, "trend": 143.89247, "fair_value": 128.659658, "relative_strength": -22.149411, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.423243, "energy": 53.594974, "activity_lines": [ 135.447717, 137.548307, 143.045057, 144.130527 ] }, { "date": "2026-04-10", "close": 137.740128, "volume": 1014437, "typical_volume": 615924.0, "trend": 143.976507, "fair_value": 128.824629, "relative_strength": -20.467218, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.513792, "energy": 58.2299, "activity_lines": [ 135.903594, 137.203734, 142.246806, 143.733601 ] }, { "date": "2026-04-17", "close": 143.992157, "volume": 893247, "typical_volume": 634052.45, "trend": 144.173586, "fair_value": 129.058917, "relative_strength": -13.406133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.279243, "energy": 29.754089, "activity_lines": [ 138.625832, 138.226793, 142.064454, 143.734611 ] }, { "date": "2026-04-24", "close": 139.303146, "volume": 466929, "typical_volume": 642625.25, "trend": 144.303367, "fair_value": 129.14114, "relative_strength": -16.936942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.346747, "energy": 20.773012, "activity_lines": [ 139.394314, 138.37599, 141.441112, 143.420389 ] }, { "date": "2026-05-01", "close": 152.588715, "volume": 911503, "typical_volume": 669464.5, "trend": 144.837856, "fair_value": 129.320712, "relative_strength": -9.804109, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.972204, "energy": 15.762722, "activity_lines": [ 144.239642, 140.91588, 142.131441, 143.954928 ] }, { "date": "2026-05-08", "close": 155.519348, "volume": 680161, "typical_volume": 669615.1, "trend": 145.450961, "fair_value": 129.492487, "relative_strength": -5.549419, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 39.1861, "energy": 39.795127, "activity_lines": [ 148.772365, 143.80034, 143.125997, 144.644056 ] }, { "date": "2026-05-15", "close": 153.17485, "volume": 259387, "typical_volume": 666484.55, "trend": 146.02406, "fair_value": 129.627082, "relative_strength": -8.873774, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.127595, "energy": 56.74627, "activity_lines": [ 151.221082, 145.995659, 143.899129, 145.142372 ] }, { "date": "2026-05-22", "close": 160.199997, "volume": 447319, "typical_volume": 676778.75, "trend": 146.564325, "fair_value": 129.84769, "relative_strength": -5.609073, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.706116, "energy": 72.034545, "activity_lines": [ 154.982534, 149.237378, 145.335741, 146.056948 ] }, { "date": "2026-05-29", "close": 165.600006, "volume": 543468, "typical_volume": 665067.95, "trend": 147.176518, "fair_value": 130.061933, "relative_strength": -0.178102, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.151257, "energy": 86.504985, "activity_lines": [ 159.463465, 153.05966, 147.242951, 147.285057 ] }, { "date": "2026-06-05", "close": 166.399994, "volume": 68702, "typical_volume": 642512.5, "trend": 147.999737, "fair_value": 130.275767, "relative_strength": 0.279347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.597076, "energy": 91.280219, "activity_lines": [ 162.457936, 156.453357, 149.195095, 148.525281 ] }, { "date": "2026-06-12", "close": 164.600006, "volume": 52388, "typical_volume": 618405.15, "trend": 148.718456, "fair_value": 130.435974, "relative_strength": -0.245088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.473206, "energy": 87.542016, "activity_lines": [ 163.931658, 158.916993, 150.937024, 149.596266 ] }, { "date": "2026-06-19", "close": 169.199997, "volume": 205761, "typical_volume": 615821.1, "trend": 149.623842, "fair_value": 130.654465, "relative_strength": 4.960597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.47084, "energy": 90.300934, "activity_lines": [ 166.333333, 161.696659, 153.072875, 150.917656 ] }, { "date": "2026-06-26", "close": 168.199997, "volume": 71386, "typical_volume": 593946.5, "trend": 150.391695, "fair_value": 130.868762, "relative_strength": 7.192817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.034658, "energy": 84.810118, "activity_lines": [ 167.333332, 163.722509, 155.024153, 152.116117 ] }, { "date": "2026-07-03", "close": 172.0, "volume": 59405, "typical_volume": 504762.4, "trend": 151.142938, "fair_value": 131.142859, "relative_strength": 7.186801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.386855, "energy": 82.282067, "activity_lines": [ 169.066666, 165.999126, 157.216479, 153.510201 ] }, { "date": "2026-07-10", "close": 160.0, "volume": 411764, "typical_volume": 502274.6, "trend": 151.214142, "fair_value": 131.348894, "relative_strength": 0.506055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.549288, "energy": 56.037065, "activity_lines": [ 166.373333, 165.499437, 158.103735, 154.081625 ] }, { "date": "2026-07-17", "close": 159.800003, "volume": 660822, "typical_volume": 495320.5, "trend": 151.343805, "fair_value": 131.62121, "relative_strength": -0.835269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.419425, "energy": 39.630441, "activity_lines": [ 164.04, 164.828634, 158.887343, 154.635551 ] }, { "date": "2026-07-24", "close": 164.199997, "volume": 250488, "typical_volume": 475053.55, "trend": 151.750386, "fair_value": 131.9173, "relative_strength": -0.600101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.023359, "energy": 32.559336, "activity_lines": [ 163.493333, 164.88, 160.000767, 155.464983 ] }, { "date": "2026-07-31", "close": 171.800003, "volume": 236532, "typical_volume": 452079.1, "trend": 152.442862, "fair_value": 132.276506, "relative_strength": 3.40351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.388581, "energy": 38.464682, "activity_lines": [ 165.813334, 166.112727, 161.725028, 156.758507 ] }, { "date": "2026-08-07", "close": 174.399994, "volume": 214663, "typical_volume": 423752.55, "trend": 152.954991, "fair_value": 132.65681, "relative_strength": 4.47992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.204691, "energy": 53.849824, "activity_lines": [ 168.759999, 167.607272, 163.536577, 158.175096 ] } ], "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." } } }