{ "ticker": { "uuid": "801a36ed-4fdb-49b1-963a-b048f790dded", "symbol": "FRHC", "name": "Freedom Holding Corp", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 75.381, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 44.675, "architecture_energy": 21.902, "architecture_maturity": 24.861, "architecture_confidence": 47.882, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 56.76, "rotation_up": 37.0, "upward_expansion": 66.07, "deceleration": 69.63, "rotation_down": 21.53, "downward_expansion": 6.4 }, "activity_lines": [ 151.634, 151.038636, 148.276833, 145.396957 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 148.98, "trend_reference": 140.1335, "distance_from_trend": 0.063129, "trend_direction": "Improving", "fair_value": 119.05609, "distance_from_fair_value": 0.251343, "fair_value_direction": "Improving", "relative_strength": -10.520835, "relative_strength_direction": "Improving", "price_momentum": 0.213587, "excess_performance": 0.026134, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063129, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03715, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.251343, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.01904, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.105208, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.117581, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.213587, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.692428, "read": "Demand-led" } ], "volume": { "latest": 287811, "relative_activity": 0.43095, "balance": 1.692428, "dry_up": 0.822556, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.120284, "annualized_volatility": 0.492073, "from_high_reference": -0.181429, "from_low_reference": 0.379764 }, "levels": { "trend_reference": 140.1335, "fair_value_reference": 119.05609, "structural_low": 107.975, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.004929, "positive_rate": 0.535714, "directional_follow_through": 0.535714, "median_excess_return": -0.00808, "regime_survival": 0.678571, "best_return": 0.153398, "worst_return": -0.164489, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.02316, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.000737, "regime_survival": 0.583333, "best_return": 0.371674, "worst_return": -0.207773, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.051984, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.002781, "regime_survival": 0.571429, "best_return": 0.848834, "worst_return": -0.322823, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.319481, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.003514, "regime_survival": 0.333333, "best_return": 1.023664, "worst_return": -0.242646, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-08", "end": "2024-06-07", "tenure": "Established", "return": 0.031553, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-14", "end": "2024-08-09", "tenure": "Developing", "return": 0.076414, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-16", "end": "2025-03-14", "tenure": "Extended", "return": 0.493878, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-05-09", "tenure": "Developing", "return": 0.164267, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-06-27", "tenure": "Developing", "return": -0.181477, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": 0.205121, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": -0.06977, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-31", "tenure": "Developing", "return": -0.066974, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.05413, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-03-20", "tenure": "Established", "return": 0.052009, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.074014, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-10", "end": "2026-05-15", "tenure": "Developing", "return": -0.071732, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-07-10", "tenure": "Developing", "return": 0.152203, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.024298, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 87.48, "volume": 4881864, "typical_volume": 929403.95, "trend": 76.061667, "fair_value": 57.851987, "relative_strength": 11.461017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.271093, "energy": 34.130733, "activity_lines": [ 81.452, 80.864727, 80.474857, 78.771828 ] }, { "date": "2023-08-25", "close": 95.91, "volume": 3898537, "typical_volume": 1089324.25, "trend": 77.09, "fair_value": 58.315385, "relative_strength": 19.478065, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.389517, "energy": 60.186453, "activity_lines": [ 86.494, 83.647273, 82.064, 80.052366 ] }, { "date": "2023-09-01", "close": 100.57, "volume": 1946534, "typical_volume": 1121267.75, "trend": 78.301, "fair_value": 58.810064, "relative_strength": 19.995538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.016412, "energy": 83.154907, "activity_lines": [ 92.06, 87.022727, 83.973333, 81.567204 ] }, { "date": "2023-09-08", "close": 91.15, "volume": 1329212, "typical_volume": 1126085.1, "trend": 79.21, "fair_value": 59.245128, "relative_strength": 9.720084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.289101, "energy": 75.891502, "activity_lines": [ 93.088667, 88.291455, 84.851, 82.396172 ] }, { "date": "2023-09-15", "close": 87.39, "volume": 1140414, "typical_volume": 1138091.0, "trend": 79.533333, "fair_value": 59.646859, "relative_strength": 5.30789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.316215, "energy": 69.601417, "activity_lines": [ 92.170667, 88.688727, 85.290333, 82.923914 ] }, { "date": "2023-09-22", "close": 86.45, "volume": 1168519, "typical_volume": 1152776.6, "trend": 80.000667, "fair_value": 60.047821, "relative_strength": 7.254077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.164332, "energy": 41.154771, "activity_lines": [ 90.154, 88.753455, 85.587952, 83.370151 ] }, { "date": "2023-09-29", "close": 84.71, "volume": 423983, "typical_volume": 1144033.95, "trend": 80.355667, "fair_value": 60.434551, "relative_strength": 4.530627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.289024, "energy": 19.382011, "activity_lines": [ 87.626, 88.420909, 85.684952, 83.673978 ] }, { "date": "2023-10-06", "close": 86.4, "volume": 621633, "typical_volume": 1120018.95, "trend": 80.894, "fair_value": 60.821667, "relative_strength": 4.326476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.678295, "energy": 19.444931, "activity_lines": [ 86.408, 88.318545, 85.92181, 84.063935 ] }, { "date": "2023-10-13", "close": 84.34, "volume": 432762, "typical_volume": 1103893.35, "trend": 81.388, "fair_value": 61.180192, "relative_strength": 1.351073, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.729257, "energy": 18.887708, "activity_lines": [ 85.448, 87.718182, 85.940143, 84.286258 ] }, { "date": "2023-10-20", "close": 76.21, "volume": 363418, "typical_volume": 1086788.95, "trend": 81.649, "fair_value": 61.481923, "relative_strength": -5.789569, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.36009, "energy": 14.234979, "activity_lines": [ 82.232, 85.574364, 85.169429, 83.952194 ] }, { "date": "2023-10-27", "close": 81.52, "volume": 467728, "typical_volume": 1085640.8, "trend": 81.971, "fair_value": 61.832372, "relative_strength": 3.172238, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.70546, "energy": 15.237125, "activity_lines": [ 81.531333, 84.385091, 84.929714, 83.943871 ] }, { "date": "2023-11-03", "close": 84.49, "volume": 295226, "typical_volume": 1056287.65, "trend": 82.455667, "fair_value": 62.175192, "relative_strength": 0.306326, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.449216, "energy": 13.860132, "activity_lines": [ 82.149333, 83.844182, 84.973, 84.106387 ] }, { "date": "2023-11-10", "close": 80.33, "volume": 197238, "typical_volume": 1040917.15, "trend": 82.722667, "fair_value": 62.484295, "relative_strength": -7.319753, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.375262, "energy": 17.214815, "activity_lines": [ 81.395333, 82.754545, 84.607857, 83.969247 ] }, { "date": "2023-11-17", "close": 83.01, "volume": 281396, "typical_volume": 1009698.75, "trend": 83.013, "fair_value": 62.798333, "relative_strength": -6.150389, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.403801, "energy": 10.436205, "activity_lines": [ 81.939333, 82.520182, 84.491143, 83.987785 ] }, { "date": "2023-11-24", "close": 83.49, "volume": 210598, "typical_volume": 1008034.55, "trend": 83.248333, "fair_value": 63.102564, "relative_strength": -6.435768, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.280364, "energy": 3.801357, "activity_lines": [ 82.732, 82.521091, 84.409714, 84.018559 ] }, { "date": "2023-12-01", "close": 82.48, "volume": 230164, "typical_volume": 990951.0, "trend": 83.360333, "fair_value": 63.359231, "relative_strength": -7.623961, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.161125, "energy": 4.953547, "activity_lines": [ 82.702667, 82.409273, 84.208333, 83.968989 ] }, { "date": "2023-12-08", "close": 80.31, "volume": 186294, "typical_volume": 978335.4, "trend": 83.361333, "fair_value": 63.582372, "relative_strength": -10.455336, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.104001, "energy": 9.753813, "activity_lines": [ 81.886, 81.975091, 83.798, 83.772194 ] }, { "date": "2023-12-15", "close": 80.08, "volume": 266861, "typical_volume": 974697.3, "trend": 83.307, "fair_value": 63.80859, "relative_strength": -13.454828, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.274568, "energy": 20.365595, "activity_lines": [ 81.271333, 81.579091, 83.366524, 83.560495 ] }, { "date": "2023-12-22", "close": 79.43, "volume": 275188, "typical_volume": 954845.55, "trend": 83.246667, "fair_value": 63.984103, "relative_strength": -14.796155, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.514954, "energy": 32.785526, "activity_lines": [ 80.456667, 81.179818, 82.870905, 83.310366 ] }, { "date": "2023-12-29", "close": 80.6, "volume": 321402, "typical_volume": 946948.55, "trend": 83.216, "fair_value": 64.171859, "relative_strength": -13.657342, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.827629, "energy": 41.353923, "activity_lines": [ 80.270667, 81.082545, 82.493, 83.139613 ] }, { "date": "2024-01-05", "close": 79.66, "volume": 150924, "typical_volume": 710401.55, "trend": 83.153, "fair_value": 64.355449, "relative_strength": -11.733842, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.458728, "energy": 44.963689, "activity_lines": [ 79.964, 80.734545, 82.00181, 82.910194 ] }, { "date": "2024-01-12", "close": 81.18, "volume": 254882, "typical_volume": 528218.8, "trend": 83.128333, "fair_value": 64.550128, "relative_strength": -12.601178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.840892, "energy": 34.203636, "activity_lines": [ 80.352, 80.696727, 81.692619, 82.782903 ] }, { "date": "2024-01-19", "close": 80.48, "volume": 255582, "typical_volume": 443671.2, "trend": 83.181, "fair_value": 64.734615, "relative_strength": -15.496033, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.781174, "energy": 27.533802, "activity_lines": [ 80.448667, 80.591818, 81.386905, 82.612043 ] }, { "date": "2024-01-26", "close": 84.94, "volume": 599715, "typical_volume": 407196.35, "trend": 83.318333, "fair_value": 64.958077, "relative_strength": -11.210189, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.161195, "energy": 10.513589, "activity_lines": [ 82.005333, 81.295091, 81.601619, 82.725527 ] }, { "date": "2024-02-02", "close": 83.49, "volume": 367063, "typical_volume": 368528.8, "trend": 83.484667, "fair_value": 65.182949, "relative_strength": -13.661294, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.997537, "energy": 14.971719, "activity_lines": [ 82.711333, 81.699636, 81.70781, 82.736602 ] }, { "date": "2024-02-09", "close": 82.32, "volume": 386109, "typical_volume": 329408.3, "trend": 83.495333, "fair_value": 65.33, "relative_strength": -16.24959, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -12.489403, "energy": 13.959108, "activity_lines": [ 82.834667, 81.891455, 81.721143, 82.661462 ] }, { "date": "2024-02-16", "close": 78.61, "volume": 265350, "typical_volume": 321476.65, "trend": 83.433333, "fair_value": 65.469359, "relative_strength": -18.281146, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.017024, "energy": 17.082559, "activity_lines": [ 81.544, 81.411636, 81.40081, 82.34628 ] }, { "date": "2024-02-23", "close": 77.48, "volume": 185143, "typical_volume": 299652.15, "trend": 83.362333, "fair_value": 65.619936, "relative_strength": -20.102392, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.541042, "energy": 38.556204, "activity_lines": [ 80.048, 80.757273, 81.001905, 81.962194 ] }, { "date": "2024-03-01", "close": 75.88, "volume": 180272, "typical_volume": 287027.65, "trend": 83.2, "fair_value": 65.792179, "relative_strength": -22.777419, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.202709, "energy": 64.110557, "activity_lines": [ 78.218667, 79.859273, 80.493095, 81.479462 ] }, { "date": "2024-03-08", "close": 74.16, "volume": 237608, "typical_volume": 280737.15, "trend": 83.151667, "fair_value": 65.929872, "relative_strength": -22.882369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.419584, "energy": 76.478864, "activity_lines": [ 76.42, 78.713091, 79.860762, 80.896237 ] }, { "date": "2024-03-15", "close": 74.94, "volume": 258004, "typical_volume": 270250.95, "trend": 82.733667, "fair_value": 66.071923, "relative_strength": -20.762071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.388241, "energy": 75.13832, "activity_lines": [ 75.503333, 77.825818, 79.312476, 80.366452 ] }, { "date": "2024-03-22", "close": 69.83, "volume": 398825, "typical_volume": 275430.9, "trend": 81.864333, "fair_value": 66.186859, "relative_strength": -27.907298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.299724, "energy": 81.651372, "activity_lines": [ 73.375333, 76.095273, 78.308857, 79.533957 ] }, { "date": "2024-03-29", "close": 70.57, "volume": 131583, "typical_volume": 272148.15, "trend": 80.864333, "fair_value": 66.276346, "relative_strength": -26.320422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.949391, "energy": 79.263639, "activity_lines": [ 72.079333, 74.705636, 77.445524, 78.80529 ] }, { "date": "2024-04-05", "close": 69.49, "volume": 164700, "typical_volume": 266313.35, "trend": 80.142333, "fair_value": 66.378269, "relative_strength": -26.447647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.366425, "energy": 75.528925, "activity_lines": [ 70.884, 73.299818, 76.52581, 78.071462 ] }, { "date": "2024-04-12", "close": 67.0, "volume": 140835, "typical_volume": 262825.2, "trend": 79.462667, "fair_value": 66.483333, "relative_strength": -28.240487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.172527, "energy": 79.988995, "activity_lines": [ 69.284667, 71.722182, 75.433333, 77.22357 ] }, { "date": "2024-04-19", "close": 65.44, "volume": 350269, "typical_volume": 268830.45, "trend": 78.762333, "fair_value": 66.578718, "relative_strength": -25.390651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.28431, "energy": 79.458271, "activity_lines": [ 67.642667, 70.160727, 74.27081, 76.318882 ] }, { "date": "2024-04-26", "close": 68.5, "volume": 360648, "typical_volume": 277548.15, "trend": 78.222, "fair_value": 66.695513, "relative_strength": -24.316883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.794003, "energy": 69.949568, "activity_lines": [ 67.654, 69.462545, 73.480857, 75.656796 ] }, { "date": "2024-05-03", "close": 69.5, "volume": 239611, "typical_volume": 276185.65, "trend": 77.658667, "fair_value": 66.835769, "relative_strength": -23.391088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.452717, "energy": 57.174911, "activity_lines": [ 68.087333, 69.13, 72.842381, 75.094086 ] }, { "date": "2024-05-10", "close": 69.18, "volume": 197448, "typical_volume": 272298.65, "trend": 77.153333, "fair_value": 66.984167, "relative_strength": -24.234417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.17168, "energy": 49.96677, "activity_lines": [ 68.485333, 68.884364, 72.22381, 74.547075 ] }, { "date": "2024-05-17", "close": 74.54, "volume": 277487, "typical_volume": 270102.9, "trend": 77.097667, "fair_value": 67.168013, "relative_strength": -19.521825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.274726, "energy": 26.73998, "activity_lines": [ 70.690667, 69.735091, 72.164524, 74.378473 ] }, { "date": "2024-05-24", "close": 77.38, "volume": 278147, "typical_volume": 276464.05, "trend": 76.959667, "fair_value": 67.338269, "relative_strength": -17.073292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.306176, "energy": 19.860344, "activity_lines": [ 73.34, 71.095273, 72.404571, 74.396688 ] }, { "date": "2024-05-31", "close": 76.24, "volume": 348944, "typical_volume": 281167.15, "trend": 76.684667, "fair_value": 67.473782, "relative_strength": -16.492016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.597061, "energy": 22.616382, "activity_lines": [ 74.813333, 72.203818, 72.546905, 74.350258 ] }, { "date": "2024-06-07", "close": 76.5, "volume": 266502, "typical_volume": 281713.15, "trend": 76.557, "fair_value": 67.587244, "relative_strength": -17.90741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.19994, "energy": 26.267799, "activity_lines": [ 75.857333, 73.243091, 72.737524, 74.338344 ] }, { "date": "2024-06-14", "close": 81.66, "volume": 771633, "typical_volume": 290309.05, "trend": 76.512, "fair_value": 67.721731, "relative_strength": -14.901397, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.289911, "energy": 42.479726, "activity_lines": [ 78.154667, 75.112727, 73.438524, 74.66757 ] }, { "date": "2024-06-21", "close": 80.16, "volume": 327162, "typical_volume": 288314.0, "trend": 76.401, "fair_value": 67.824359, "relative_strength": -16.219672, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.77435, "energy": 58.321398, "activity_lines": [ 79.12, 76.488364, 74.012286, 74.902925 ] }, { "date": "2024-06-28", "close": 75.4, "volume": 351269, "typical_volume": 286572.0, "trend": 76.165, "fair_value": 67.887051, "relative_strength": -20.664428, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.501713, "energy": 45.357567, "activity_lines": [ 78.124, 76.759273, 74.148571, 74.838344 ] }, { "date": "2024-07-05", "close": 76.81, "volume": 299548, "typical_volume": 288281.9, "trend": 76.048333, "fair_value": 67.967564, "relative_strength": -21.493755, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.230497, "energy": 27.584018, "activity_lines": [ 77.73, 77.105455, 74.452095, 74.879957 ] }, { "date": "2024-07-12", "close": 80.12, "volume": 367768, "typical_volume": 297413.15, "trend": 76.049667, "fair_value": 68.079679, "relative_strength": -17.438864, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.986623, "energy": 25.643874, "activity_lines": [ 78.401333, 77.902364, 75.079429, 75.142645 ] }, { "date": "2024-07-19", "close": 80.1, "volume": 599214, "typical_volume": 318360.25, "trend": 76.072, "fair_value": 68.175833, "relative_strength": -13.659527, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.011939, "energy": 26.082478, "activity_lines": [ 78.824667, 78.502545, 75.692286, 75.403957 ] }, { "date": "2024-07-26", "close": 82.72, "volume": 316989, "typical_volume": 322329.3, "trend": 76.142667, "fair_value": 68.301795, "relative_strength": -8.197741, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.958295, "energy": 40.026893, "activity_lines": [ 80.225333, 79.380545, 76.534571, 75.83286 ] }, { "date": "2024-08-02", "close": 79.2, "volume": 406304, "typical_volume": 329744.3, "trend": 76.127333, "fair_value": 68.395641, "relative_strength": -8.940601, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.650757, "energy": 38.19456, "activity_lines": [ 80.282, 79.469818, 77.000857, 76.030108 ] }, { "date": "2024-08-09", "close": 87.9, "volume": 826857, "typical_volume": 351145.9, "trend": 76.351333, "fair_value": 68.545385, "relative_strength": 0.816889, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.907618, "energy": 67.060973, "activity_lines": [ 82.985333, 81.107818, 78.275429, 76.789634 ] }, { "date": "2024-08-16", "close": 84.94, "volume": 512953, "typical_volume": 370214.4, "trend": 76.5, "fair_value": 68.703654, "relative_strength": -7.006984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.275419, "energy": 64.919077, "activity_lines": [ 83.962667, 81.995636, 79.182048, 77.343742 ] }, { "date": "2024-08-23", "close": 93.75, "volume": 590436, "typical_volume": 391501.2, "trend": 76.793667, "fair_value": 68.89391, "relative_strength": 2.29147, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.982785, "energy": 78.727043, "activity_lines": [ 87.555333, 84.331818, 80.859286, 78.456645 ] }, { "date": "2024-08-30", "close": 90.44, "volume": 318655, "typical_volume": 400392.2, "trend": 77.025333, "fair_value": 69.066923, "relative_strength": 0.243192, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.391478, "energy": 77.808501, "activity_lines": [ 89.134667, 85.846364, 82.105762, 79.337054 ] }, { "date": "2024-09-06", "close": 93.25, "volume": 287111, "typical_volume": 397234.3, "trend": 77.389667, "fair_value": 69.273013, "relative_strength": 10.141511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.132821, "energy": 77.514282, "activity_lines": [ 91.136, 87.684909, 83.508238, 80.383806 ] }, { "date": "2024-09-13", "close": 97.36, "volume": 333917, "typical_volume": 395897.75, "trend": 78.014667, "fair_value": 69.502692, "relative_strength": 8.909229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.74949, "energy": 86.271261, "activity_lines": [ 93.570667, 89.946182, 85.169714, 81.672215 ] }, { "date": "2024-09-20", "close": 95.67, "volume": 380001, "typical_volume": 402917.25, "trend": 78.621, "fair_value": 69.702308, "relative_strength": 5.926321, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.639438, "energy": 76.69621, "activity_lines": [ 94.811333, 91.526545, 86.53281, 82.811269 ] }, { "date": "2024-09-27", "close": 93.62, "volume": 258286, "typical_volume": 405959.15, "trend": 79.212333, "fair_value": 69.897436, "relative_strength": 3.078416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.332636, "energy": 65.492644, "activity_lines": [ 94.653333, 92.451455, 87.576048, 83.778946 ] }, { "date": "2024-10-04", "close": 99.41, "volume": 365235, "typical_volume": 410346.55, "trend": 80.054, "fair_value": 70.124038, "relative_strength": 9.715874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.439179, "energy": 68.097118, "activity_lines": [ 96.434, 94.183273, 89.054333, 85.082022 ] }, { "date": "2024-10-11", "close": 97.85, "volume": 219038, "typical_volume": 407391.1, "trend": 80.817667, "fair_value": 70.345513, "relative_strength": 7.050011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.417095, "energy": 57.398795, "activity_lines": [ 97.096667, 95.328, 90.265619, 86.230151 ] }, { "date": "2024-10-18", "close": 105.23, "volume": 591834, "typical_volume": 419535.6, "trend": 81.997667, "fair_value": 70.597372, "relative_strength": 14.908108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.263088, "energy": 64.17911, "activity_lines": [ 99.912667, 97.475455, 92.082286, 87.80514 ] }, { "date": "2024-10-25", "close": 111.38, "volume": 400302, "typical_volume": 426225.6, "trend": 83.358, "fair_value": 70.883846, "relative_strength": 21.576975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.474847, "energy": 84.794281, "activity_lines": [ 104.254, 100.426, 94.346619, 89.700774 ] }, { "date": "2024-11-01", "close": 106.46, "volume": 488940, "typical_volume": 412090.95, "trend": 84.590333, "fair_value": 71.117564, "relative_strength": 18.246613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.696439, "energy": 78.278146, "activity_lines": [ 105.908, 102.001273, 95.976286, 91.191226 ] }, { "date": "2024-11-08", "close": 112.86, "volume": 458601, "typical_volume": 418662.9, "trend": 86.119, "fair_value": 71.392628, "relative_strength": 18.771594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.756217, "energy": 90.113266, "activity_lines": [ 108.839333, 104.509091, 98.097381, 93.015075 ] }, { "date": "2024-11-15", "close": 116.51, "volume": 485158, "typical_volume": 425357.35, "trend": 87.821333, "fair_value": 71.682692, "relative_strength": 26.712147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.655137, "energy": 92.459591, "activity_lines": [ 112.090667, 107.272909, 100.410381, 94.975785 ] }, { "date": "2024-11-22", "close": 117.47, "volume": 507173, "typical_volume": 435738.6, "trend": 89.453667, "fair_value": 72.003782, "relative_strength": 25.213606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.413314, "energy": 89.405152, "activity_lines": [ 114.418, 109.788364, 102.619048, 96.888602 ] }, { "date": "2024-11-29", "close": 118.88, "volume": 391252, "typical_volume": 436912.8, "trend": 91.099667, "fair_value": 72.360321, "relative_strength": 25.471207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.774487, "energy": 89.389207, "activity_lines": [ 116.399333, 112.194545, 104.768381, 98.787075 ] }, { "date": "2024-12-06", "close": 126.51, "volume": 413924, "typical_volume": 427648.3, "trend": 93.010667, "fair_value": 72.729551, "relative_strength": 28.82409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.766978, "energy": 91.973848, "activity_lines": [ 120.424, 115.566, 107.45981, 101.071613 ] }, { "date": "2024-12-13", "close": 132.15, "volume": 347096, "typical_volume": 429153.65, "trend": 94.931, "fair_value": 73.150192, "relative_strength": 32.852741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.779256, "energy": 92.326483, "activity_lines": [ 124.992, 119.364909, 110.467381, 103.596731 ] }, { "date": "2024-12-20", "close": 127.17, "volume": 368281, "typical_volume": 427252.5, "trend": 96.590667, "fair_value": 73.521731, "relative_strength": 30.108285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.304752, "energy": 77.14169, "activity_lines": [ 126.614, 121.663091, 112.765286, 105.676667 ] }, { "date": "2024-12-27", "close": 129.74, "volume": 347620, "typical_volume": 403290.65, "trend": 98.374, "fair_value": 73.908974, "relative_strength": 30.86644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.806046, "energy": 69.552105, "activity_lines": [ 128.382, 123.895455, 115.079524, 107.815333 ] }, { "date": "2025-01-03", "close": 134.1, "volume": 288661, "typical_volume": 392076.05, "trend": 100.294, "fair_value": 74.335321, "relative_strength": 35.52462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.708376, "energy": 71.270652, "activity_lines": [ 130.785333, 126.474909, 117.609762, 110.120237 ] }, { "date": "2025-01-10", "close": 128.11, "volume": 377082, "typical_volume": 381408.35, "trend": 101.842333, "fair_value": 74.727692, "relative_strength": 31.672516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.519802, "energy": 64.40339, "activity_lines": [ 130.177333, 127.552182, 119.335429, 111.914817 ] }, { "date": "2025-01-17", "close": 134.63, "volume": 408812, "typical_volume": 385916.2, "trend": 103.658, "fair_value": 75.201987, "relative_strength": 33.633098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.173273, "energy": 66.811708, "activity_lines": [ 131.636, 129.421273, 121.518429, 114.030151 ] }, { "date": "2025-01-24", "close": 138.32, "volume": 298587, "typical_volume": 386490.0, "trend": 105.755333, "fair_value": 75.690769, "relative_strength": 34.452983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.735833, "energy": 68.497768, "activity_lines": [ 134.159333, 131.565455, 123.842429, 116.266409 ] }, { "date": "2025-01-31", "close": 140.84, "volume": 536191, "typical_volume": 396603.7, "trend": 107.889667, "fair_value": 76.184103, "relative_strength": 37.818234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.056531, "energy": 67.939202, "activity_lines": [ 136.779333, 133.771273, 126.19181, 118.529935 ] }, { "date": "2025-02-07", "close": 157.56, "volume": 484291, "typical_volume": 401818.2, "trend": 110.471, "fair_value": 76.785256, "relative_strength": 52.319452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.609074, "energy": 80.232686, "activity_lines": [ 144.232667, 138.592182, 129.926524, 121.734473 ] }, { "date": "2025-02-14", "close": 157.04, "volume": 595323, "typical_volume": 418670.05, "trend": 113.035667, "fair_value": 77.385769, "relative_strength": 45.985199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.479216, "energy": 84.840414, "activity_lines": [ 149.948667, 142.615273, 133.317, 124.738925 ] }, { "date": "2025-02-21", "close": 146.11, "volume": 424226, "typical_volume": 421619.6, "trend": 115.148667, "fair_value": 77.930192, "relative_strength": 37.626205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.117073, "energy": 66.214217, "activity_lines": [ 150.092667, 144.096, 135.364524, 126.872753 ] }, { "date": "2025-02-28", "close": 147.07, "volume": 433119, "typical_volume": 432323.65, "trend": 117.411, "fair_value": 78.490962, "relative_strength": 41.816551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.131425, "energy": 62.520671, "activity_lines": [ 149.791333, 145.497455, 137.281095, 128.932194 ] }, { "date": "2025-03-07", "close": 135.1, "volume": 462298, "typical_volume": 425846.85, "trend": 118.984333, "fair_value": 78.991859, "relative_strength": 33.296905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.437686, "energy": 45.946892, "activity_lines": [ 144.916667, 144.360727, 137.823286, 130.073419 ] }, { "date": "2025-03-14", "close": 126.89, "volume": 422668, "typical_volume": 426965.15, "trend": 120.382667, "fair_value": 79.411859, "relative_strength": 27.283934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.571878, "energy": 20.149545, "activity_lines": [ 137.688, 141.633818, 137.441333, 130.583462 ] }, { "date": "2025-03-21", "close": 134.05, "volume": 353235, "typical_volume": 420179.9, "trend": 121.726, "fair_value": 79.879231, "relative_strength": 32.64343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.903044, "energy": 23.82506, "activity_lines": [ 134.890667, 140.339818, 137.667429, 131.465226 ] }, { "date": "2025-03-28", "close": 131.63, "volume": 297159, "typical_volume": 412107.8, "trend": 123.099, "fair_value": 80.344808, "relative_strength": 31.903802, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.024108, "energy": 22.931103, "activity_lines": [ 132.819333, 138.497818, 137.531667, 132.104194 ] }, { "date": "2025-04-04", "close": 118.295, "volume": 296731, "typical_volume": 402686.45, "trend": 123.933833, "fair_value": 80.744135, "relative_strength": 30.09352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.641575, "energy": 23.789102, "activity_lines": [ 127.268333, 134.285818, 136.036524, 131.794258 ] }, { "date": "2025-04-11", "close": 126.38, "volume": 523966, "typical_volume": 403526.1, "trend": 124.901167, "fair_value": 81.214519, "relative_strength": 27.858905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.361019, "energy": 17.582412, "activity_lines": [ 126.330667, 131.907909, 135.302881, 131.952075 ] }, { "date": "2025-04-18", "close": 129.05, "volume": 258213, "typical_volume": 396874.15, "trend": 126.013833, "fair_value": 81.724199, "relative_strength": 32.049475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.778032, "energy": 16.71394, "activity_lines": [ 126.864333, 130.278364, 134.781095, 132.219742 ] }, { "date": "2025-04-25", "close": 143.88, "volume": 362055, "typical_volume": 394280.7, "trend": 127.689167, "fair_value": 82.345673, "relative_strength": 36.631383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.525615, "energy": 18.055944, "activity_lines": [ 132.197333, 131.863545, 135.623262, 133.372398 ] }, { "date": "2025-05-02", "close": 145.62, "volume": 322654, "typical_volume": 393058.6, "trend": 129.2295, "fair_value": 82.987276, "relative_strength": 32.115385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.147084, "energy": 23.850402, "activity_lines": [ 137.455, 134.004364, 136.548429, 134.529226 ] }, { "date": "2025-05-09", "close": 156.07, "volume": 267182, "typical_volume": 388003.65, "trend": 131.170167, "fair_value": 83.709712, "relative_strength": 39.908108, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.096793, "energy": 42.515353, "activity_lines": [ 145.263333, 138.054091, 138.40469, 136.260871 ] }, { "date": "2025-05-16", "close": 176.0, "volume": 656000, "typical_volume": 403422.65, "trend": 133.529167, "fair_value": 84.578558, "relative_strength": 45.527983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.362147, "energy": 79.834678, "activity_lines": [ 157.196667, 145.563818, 142.021429, 139.153118 ] }, { "date": "2025-05-23", "close": 169.0, "volume": 779124, "typical_volume": 427945.8, "trend": 135.449833, "fair_value": 85.389135, "relative_strength": 41.211412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.968368, "energy": 81.037347, "activity_lines": [ 163.488667, 151.057182, 144.751214, 141.441559 ] }, { "date": "2025-05-30", "close": 165.89, "volume": 817404, "typical_volume": 449961.9, "trend": 137.430833, "fair_value": 86.169006, "relative_strength": 34.335224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.201714, "energy": 77.432395, "activity_lines": [ 166.080667, 155.219455, 147.018619, 143.405441 ] }, { "date": "2025-06-06", "close": 155.93, "volume": 635514, "typical_volume": 461297.0, "trend": 138.8665, "fair_value": 86.901506, "relative_strength": 22.427068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.754229, "energy": 71.072343, "activity_lines": [ 163.885333, 156.991909, 148.157548, 144.598935 ] }, { "date": "2025-06-13", "close": 147.05, "volume": 617740, "typical_volume": 477254.65, "trend": 139.8845, "fair_value": 87.593558, "relative_strength": 15.112455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.6779, "energy": 38.574339, "activity_lines": [ 158.042667, 156.708, 148.349333, 145.126903 ] }, { "date": "2025-06-20", "close": 138.29, "volume": 732211, "typical_volume": 487055.65, "trend": 140.5785, "fair_value": 88.216827, "relative_strength": 7.475673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.59281, "energy": 15.36256, "activity_lines": [ 149.881333, 154.308545, 147.665262, 145.024032 ] }, { "date": "2025-06-27", "close": 144.06, "volume": 2102762, "typical_volume": 567979.2, "trend": 141.417833, "fair_value": 88.855737, "relative_strength": 6.62057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.81135, "energy": 21.645257, "activity_lines": [ 146.157333, 152.741636, 147.542857, 145.248645 ] }, { "date": "2025-07-04", "close": 143.33, "volume": 966406, "typical_volume": 586533.35, "trend": 141.9785, "fair_value": 89.462596, "relative_strength": 3.704487, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.258971, "energy": 22.787846, "activity_lines": [ 143.852667, 150.769091, 147.415214, 145.372011 ] }, { "date": "2025-07-11", "close": 145.36, "volume": 585405, "typical_volume": 594592.3, "trend": 142.418833, "fair_value": 90.074776, "relative_strength": 4.750234, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.358539, "energy": 21.034279, "activity_lines": [ 143.728667, 149.175636, 147.54619, 145.590172 ] }, { "date": "2025-07-18", "close": 178.85, "volume": 1093943, "typical_volume": 627633.5, "trend": 144.1415, "fair_value": 90.900994, "relative_strength": 25.821304, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.456608, "energy": 32.721365, "activity_lines": [ 155.472667, 153.676, 150.870262, 147.94057 ] }, { "date": "2025-07-25", "close": 172.73, "volume": 792187, "typical_volume": 644127.95, "trend": 145.5745, "fair_value": 91.665096, "relative_strength": 19.284531, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.428766, "energy": 56.477352, "activity_lines": [ 163.056667, 156.649455, 153.460143, 149.784989 ] }, { "date": "2025-08-01", "close": 182.17, "volume": 746764, "typical_volume": 660332.75, "trend": 147.176833, "fair_value": 92.468045, "relative_strength": 27.191862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.773981, "energy": 73.358951, "activity_lines": [ 171.491333, 161.398727, 156.769881, 152.145989 ] }, { "date": "2025-08-08", "close": 178.29, "volume": 640996, "typical_volume": 674720.8, "trend": 148.8495, "fair_value": 93.240096, "relative_strength": 18.994982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.673553, "energy": 75.133777, "activity_lines": [ 176.092, 165.203091, 159.446857, 154.15329 ] }, { "date": "2025-08-15", "close": 171.89, "volume": 551711, "typical_volume": 687448.4, "trend": 150.0915, "fair_value": 93.978814, "relative_strength": 13.184825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.06995, "energy": 72.129949, "activity_lines": [ 176.228667, 167.618364, 161.303643, 155.639774 ] }, { "date": "2025-08-22", "close": 174.05, "volume": 552527, "typical_volume": 700238.2, "trend": 151.2825, "fair_value": 94.718301, "relative_strength": 14.777743, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.732507, "energy": 61.78706, "activity_lines": [ 175.316667, 170.136182, 163.174429, 157.185484 ] }, { "date": "2025-08-29", "close": 170.92, "volume": 467367, "typical_volume": 697408.25, "trend": 152.285167, "fair_value": 95.454519, "relative_strength": 12.139732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.812582, "energy": 41.963931, "activity_lines": [ 173.681333, 171.594, 164.481619, 158.452419 ] }, { "date": "2025-09-05", "close": 169.46, "volume": 415632, "typical_volume": 705279.2, "trend": 152.681833, "fair_value": 96.165096, "relative_strength": 9.418633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.649957, "energy": 29.651252, "activity_lines": [ 171.68, 172.193091, 165.437667, 159.560473 ] }, { "date": "2025-09-12", "close": 164.69, "volume": 502619, "typical_volume": 712307.4, "trend": 152.936833, "fair_value": 96.865545, "relative_strength": 3.861912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.693362, "energy": 22.978393, "activity_lines": [ 168.936, 171.463091, 165.747, 160.335194 ] }, { "date": "2025-09-19", "close": 169.89, "volume": 504215, "typical_volume": 721385.45, "trend": 153.7295, "fair_value": 97.62984, "relative_strength": 4.249405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.979676, "energy": 19.922651, "activity_lines": [ 168.832, 171.290182, 166.452476, 161.428946 ] }, { "date": "2025-09-26", "close": 173.56, "volume": 483033, "typical_volume": 732178.0, "trend": 154.6125, "fair_value": 98.427596, "relative_strength": 6.247625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.077282, "energy": 21.491773, "activity_lines": [ 170.084667, 171.338545, 167.391905, 162.708333 ] }, { "date": "2025-10-03", "close": 170.81, "volume": 677427, "typical_volume": 733249.35, "trend": 155.802833, "fair_value": 99.195801, "relative_strength": 2.751238, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.453771, "energy": 19.420724, "activity_lines": [ 170.453333, 170.983091, 167.986143, 163.753333 ] }, { "date": "2025-10-10", "close": 163.32, "volume": 796714, "typical_volume": 734128.85, "trend": 157.017167, "fair_value": 99.922532, "relative_strength": -0.016283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.745202, "energy": 15.371073, "activity_lines": [ 168.332667, 169.300727, 167.891762, 164.238312 ] }, { "date": "2025-10-17", "close": 162.29, "volume": 586518, "typical_volume": 722584.55, "trend": 157.9585, "fair_value": 100.614455, "relative_strength": -3.388008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.040192, "energy": 10.967771, "activity_lines": [ 166.278, 167.773818, 167.726333, 164.578495 ] }, { "date": "2025-10-24", "close": 157.22, "volume": 422952, "typical_volume": 711956.45, "trend": 158.8115, "fair_value": 101.264135, "relative_strength": -8.58511, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.908419, "energy": 10.51591, "activity_lines": [ 162.693333, 165.616, 167.09519, 164.530849 ] }, { "date": "2025-10-31", "close": 153.66, "volume": 405188, "typical_volume": 701328.85, "trend": 159.990333, "fair_value": 101.884071, "relative_strength": -12.504186, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.374575, "energy": 31.792794, "activity_lines": [ 158.766667, 163.077636, 166.118857, 164.198495 ] }, { "date": "2025-11-07", "close": 141.88, "volume": 991362, "typical_volume": 714286.4, "trend": 160.507, "fair_value": 102.403301, "relative_strength": -16.71959, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.227309, "energy": 57.092783, "activity_lines": [ 152.24, 158.768182, 163.989143, 163.030086 ] }, { "date": "2025-11-14", "close": 140.66, "volume": 346841, "typical_volume": 626490.35, "trend": 160.894, "fair_value": 102.920737, "relative_strength": -17.288714, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.631036, "energy": 66.039297, "activity_lines": [ 147.235333, 154.764909, 161.726143, 161.749634 ] }, { "date": "2025-11-21", "close": 134.2, "volume": 388324, "typical_volume": 597586.25, "trend": 160.571333, "fair_value": 103.386442, "relative_strength": -18.540497, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.417165, "energy": 82.45916, "activity_lines": [ 141.588, 150.110727, 158.864095, 160.027441 ] }, { "date": "2025-11-28", "close": 131.9, "volume": 279894, "typical_volume": 582310.7, "trend": 160.114, "fair_value": 103.827019, "relative_strength": -23.59637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.579073, "energy": 84.308586, "activity_lines": [ 137.046667, 145.592727, 155.826476, 158.177677 ] }, { "date": "2025-12-05", "close": 132.66, "volume": 366580, "typical_volume": 545942.55, "trend": 159.333667, "fair_value": 104.283301, "relative_strength": -23.766494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.750252, "energy": 83.602716, "activity_lines": [ 134.446667, 141.903636, 152.925333, 156.406452 ] }, { "date": "2025-12-12", "close": 136.77, "volume": 359585, "typical_volume": 524312.45, "trend": 158.026, "fair_value": 104.777147, "relative_strength": -19.732855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.144336, "energy": 78.44926, "activity_lines": [ 134.616667, 139.705455, 150.635571, 154.950731 ] }, { "date": "2025-12-19", "close": 136.28, "volume": 358996, "typical_volume": 504924.05, "trend": 156.935333, "fair_value": 105.279327, "relative_strength": -20.323534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.46919, "energy": 62.6255, "activity_lines": [ 134.964, 138.037091, 148.470381, 153.547763 ] }, { "date": "2025-12-26", "close": 131.33, "volume": 279447, "typical_volume": 486846.6, "trend": 155.783333, "fair_value": 105.747981, "relative_strength": -23.951017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.360512, "energy": 55.530742, "activity_lines": [ 133.953333, 135.960364, 146.052286, 151.895806 ] }, { "date": "2026-01-02", "close": 124.23, "volume": 510138, "typical_volume": 484767.95, "trend": 154.726667, "fair_value": 106.158494, "relative_strength": -26.506337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.270719, "energy": 59.171817, "activity_lines": [ 130.767333, 133.155636, 143.181619, 149.860108 ] }, { "date": "2026-01-09", "close": 131.0, "volume": 890199, "typical_volume": 501651.55, "trend": 154.191667, "fair_value": 106.580288, "relative_strength": -23.936797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.632636, "energy": 51.80803, "activity_lines": [ 130.349333, 132.181636, 141.182667, 148.329355 ] }, { "date": "2026-01-16", "close": 126.0, "volume": 523527, "typical_volume": 504459.55, "trend": 153.782, "fair_value": 106.981506, "relative_strength": -25.912234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.352203, "energy": 55.182555, "activity_lines": [ 128.375333, 130.710545, 138.912524, 146.510538 ] }, { "date": "2026-01-23", "close": 127.0, "volume": 419911, "typical_volume": 504673.5, "trend": 153.213333, "fair_value": 107.378558, "relative_strength": -25.191731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.10443, "energy": 53.271635, "activity_lines": [ 127.452667, 129.71, 136.951524, 144.782667 ] }, { "date": "2026-01-30", "close": 123.7, "volume": 341564, "typical_volume": 496620.75, "trend": 152.559, "fair_value": 107.759712, "relative_strength": -26.663014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.402968, "energy": 52.218416, "activity_lines": [ 126.048667, 128.357818, 134.878429, 142.878581 ] }, { "date": "2026-02-06", "close": 122.76, "volume": 772873, "typical_volume": 510053.65, "trend": 151.805667, "fair_value": 108.137147, "relative_strength": -25.22359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.09118, "energy": 54.633048, "activity_lines": [ 124.84, 127.025636, 132.911, 140.956065 ] }, { "date": "2026-02-13", "close": 116.4, "volume": 451125, "typical_volume": 508458.25, "trend": 149.724, "fair_value": 108.385288, "relative_strength": -27.671094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.124916, "energy": 63.232491, "activity_lines": [ 121.609333, 124.703273, 130.562286, 138.671828 ] }, { "date": "2026-02-20", "close": 119.65, "volume": 505268, "typical_volume": 499850.3, "trend": 147.954667, "fair_value": 108.687981, "relative_strength": -26.053709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.007952, "energy": 56.829078, "activity_lines": [ 120.435333, 123.267455, 128.795286, 136.73157 ] }, { "date": "2026-02-27", "close": 120.17, "volume": 695807, "typical_volume": 494804.95, "trend": 145.888, "fair_value": 108.983558, "relative_strength": -25.042135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.88597, "energy": 52.232006, "activity_lines": [ 119.858, 122.237455, 127.321429, 134.939011 ] }, { "date": "2026-03-06", "close": 131.52, "volume": 629010, "typical_volume": 496929.55, "trend": 144.329, "fair_value": 109.376314, "relative_strength": -16.585904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.57788, "energy": 40.029398, "activity_lines": [ 123.519333, 123.564, 127.134, 134.012043 ] }, { "date": "2026-03-13", "close": 131.99, "volume": 359014, "typical_volume": 493732.65, "trend": 142.999, "fair_value": 109.776763, "relative_strength": -15.167309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.75766, "energy": 22.683058, "activity_lines": [ 126.816, 124.972545, 127.137857, 133.215978 ] }, { "date": "2026-03-20", "close": 138.76, "volume": 476614, "typical_volume": 497303.95, "trend": 141.822667, "fair_value": 110.227917, "relative_strength": -8.749719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.799275, "energy": 16.726619, "activity_lines": [ 131.754, 127.470909, 127.906619, 132.942495 ] }, { "date": "2026-03-27", "close": 141.19, "volume": 541907, "typical_volume": 474831.2, "trend": 140.831667, "fair_value": 110.67234, "relative_strength": -3.836615, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.621406, "energy": 21.594519, "activity_lines": [ 136.011333, 130.27, 128.977762, 132.901677 ] }, { "date": "2026-04-03", "close": 151.64, "volume": 506351, "typical_volume": 482806.7, "trend": 140.237667, "fair_value": 111.195994, "relative_strength": -0.512766, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.814868, "energy": 41.276859, "activity_lines": [ 142.316, 134.692909, 131.047429, 133.598989 ] }, { "date": "2026-04-10", "close": 150.84, "volume": 649304, "typical_volume": 495855.7, "trend": 139.776, "fair_value": 111.699327, "relative_strength": -5.034286, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.859303, "energy": 58.802237, "activity_lines": [ 146.256, 138.522364, 132.988619, 134.283011 ] }, { "date": "2026-04-17", "close": 160.87, "volume": 599314, "typical_volume": 511826.7, "trend": 139.475333, "fair_value": 112.254263, "relative_strength": -4.304885, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.606284, "energy": 72.591086, "activity_lines": [ 152.251333, 143.682, 135.80581, 135.643914 ] }, { "date": "2026-04-24", "close": 148.11, "volume": 416822, "typical_volume": 514338.8, "trend": 138.627, "fair_value": 112.71375, "relative_strength": -13.263322, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.4365, "energy": 62.9855, "activity_lines": [ 152.068, 145.828727, 137.26981, 136.200989 ] }, { "date": "2026-05-01", "close": 135.11, "volume": 286880, "typical_volume": 510703.55, "trend": 137.437, "fair_value": 113.07266, "relative_strength": -21.503237, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.891083, "energy": 30.298294, "activity_lines": [ 146.928, 145.035273, 137.422143, 135.974086 ] }, { "date": "2026-05-08", "close": 139.81, "volume": 318996, "typical_volume": 508703.55, "trend": 136.653333, "fair_value": 113.454263, "relative_strength": -22.278914, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.625835, "energy": 17.663929, "activity_lines": [ 143.76, 144.815273, 138.03, 136.127183 ] }, { "date": "2026-05-15", "close": 140.02, "volume": 363022, "typical_volume": 512882.3, "trend": 135.911, "fair_value": 113.828045, "relative_strength": -21.062048, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 33.638081, "energy": 21.780846, "activity_lines": [ 141.450667, 144.276364, 138.641048, 136.344387 ] }, { "date": "2026-05-22", "close": 144.15, "volume": 603931, "typical_volume": 517571.95, "trend": 135.475333, "fair_value": 114.231314, "relative_strength": -18.884665, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.610469, "energy": 22.064614, "activity_lines": [ 141.239333, 144.333818, 139.604048, 136.875935 ] }, { "date": "2026-05-29", "close": 142.82, "volume": 471978, "typical_volume": 496660.9, "trend": 135.114, "fair_value": 114.624263, "relative_strength": -21.114155, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.738743, "energy": 16.93911, "activity_lines": [ 141.699333, 143.928364, 140.345524, 137.349785 ] }, { "date": "2026-06-05", "close": 148.51, "volume": 1601318, "typical_volume": 550550.45, "trend": 135.335, "fair_value": 115.053494, "relative_strength": -13.5285, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.927378, "energy": 23.263259, "activity_lines": [ 144.408667, 144.483636, 141.572619, 138.214043 ] }, { "date": "2026-06-12", "close": 138.2, "volume": 800662, "typical_volume": 569588.0, "trend": 135.253, "fair_value": 115.414263, "relative_strength": -20.794325, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.08447, "energy": 17.56667, "activity_lines": [ 142.788, 143.031273, 141.710619, 138.398882 ] }, { "date": "2026-06-19", "close": 143.7, "volume": 1159320, "typical_volume": 610475.8, "trend": 135.569667, "fair_value": 115.829647, "relative_strength": -19.340824, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.084272, "energy": 20.909042, "activity_lines": [ 143.108, 142.823273, 142.319095, 138.943849 ] }, { "date": "2026-06-26", "close": 128.82, "volume": 737720, "typical_volume": 608718.15, "trend": 135.467, "fair_value": 116.13734, "relative_strength": -23.790729, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.287235, "energy": 5.029536, "activity_lines": [ 138.222667, 140.039636, 141.41519, 138.508387 ] }, { "date": "2026-07-03", "close": 162.215, "volume": 870520, "typical_volume": 629687.9, "trend": 136.452167, "fair_value": 116.673974, "relative_strength": -4.61555, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.501153, "energy": 27.074416, "activity_lines": [ 145.491, 143.910545, 143.662905, 140.234065 ] }, { "date": "2026-07-10", "close": 166.09, "volume": 1231614, "typical_volume": 666005.2, "trend": 137.4295, "fair_value": 117.213013, "relative_strength": -3.808788, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 66.123571, "energy": 47.971041, "activity_lines": [ 152.758, 148.229545, 146.0615, 142.146183 ] }, { "date": "2026-07-17", "close": 152.69, "volume": 875897, "typical_volume": 675009.7, "trend": 137.9765, "fair_value": 117.675962, "relative_strength": -6.977734, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.739407, "energy": 44.275447, "activity_lines": [ 154.386333, 149.548909, 146.962762, 143.130731 ] }, { "date": "2026-07-24", "close": 151.02, "volume": 553968, "typical_volume": 671257.6, "trend": 138.632833, "fair_value": 118.133718, "relative_strength": -5.847667, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.705657, "energy": 50.201075, "activity_lines": [ 154.492, 150.330455, 147.550119, 143.972247 ] }, { "date": "2026-07-31", "close": 151.27, "volume": 479708, "typical_volume": 677292.3, "trend": 139.534167, "fair_value": 118.585769, "relative_strength": -5.351284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.162144, "energy": 39.954757, "activity_lines": [ 154.193, 150.957455, 148.068429, 144.787548 ] }, { "date": "2026-08-07", "close": 148.98, "volume": 287811, "typical_volume": 667852.15, "trend": 140.1335, "fair_value": 119.05609, "relative_strength": -10.520835, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.674791, "energy": 21.901917, "activity_lines": [ 151.634, 151.038636, 148.276833, 145.396957 ] } ], "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." } } }