{ "ticker": { "uuid": "8274e0b6-892e-46a9-ab4a-5ebd6eeb2944", "symbol": "PSMT", "name": "PriceSmart Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 44.822, "architecture_energy": 32.202, "architecture_maturity": 94.257, "architecture_confidence": 85.249, "architecture_tenure": "Established", "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": 23.42, "rotation_up": 35.55, "upward_expansion": 67.26, "deceleration": 85.49, "rotation_down": 27.41, "downward_expansion": 17.26 }, "activity_lines": [ 185.860667, 188.082545, 180.728762, 173.616094 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 177.05, "trend_reference": 164.603918, "distance_from_trend": 0.075612, "trend_direction": "Improving", "fair_value": 104.769045, "distance_from_fair_value": 0.689908, "fair_value_direction": "Improving", "relative_strength": 7.563578, "relative_strength_direction": "Improving", "price_momentum": 0.134109, "excess_performance": -0.053345, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075612, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.14852, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.689908, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034279, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.075636, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.02893, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.134109, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.011798, "read": "Demand-led" } ], "volume": { "latest": 1437418, "relative_activity": 1.092035, "balance": 2.011798, "dry_up": 0.984958, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.065967, "annualized_volatility": 0.268991, "from_high_reference": -0.114041, "from_low_reference": 0.686565 }, "levels": { "trend_reference": 164.603918, "fair_value_reference": 104.769045, "structural_low": 139.075, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": 0.003748, "positive_rate": 0.558824, "directional_follow_through": 0.558824, "median_excess_return": -0.016354, "regime_survival": 0.794118, "best_return": 0.166456, "worst_return": -0.098064, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.017513, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": -0.069989, "regime_survival": 0.769231, "best_return": 0.343298, "worst_return": -0.179736, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.048151, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.067856, "regime_survival": 0.571429, "best_return": 0.361765, "worst_return": -0.218353, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.140392, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.015925, "regime_survival": 0.75, "best_return": 0.530928, "worst_return": -0.05573, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-20", "end": "2023-11-10", "tenure": "New", "return": -0.08692, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-17", "end": "2023-12-29", "tenure": "Developing", "return": 0.126673, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-05", "end": "2024-02-23", "tenure": "Developing", "return": 0.141359, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-06-14", "tenure": "Established", "return": -0.047782, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-07-26", "tenure": "Developing", "return": 0.100746, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2025-01-10", "tenure": "Established", "return": 0.04179, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-03-14", "tenure": "Developing", "return": -0.036337, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": 0.095926, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.077958, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-11-07", "tenure": "Extended", "return": 0.124223, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.096744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-20", "tenure": "Established", "return": 0.099794, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.064466, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": 0.094387, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 74.475507, "volume": 695536, "typical_volume": 666513.75, "trend": 70.016915, "fair_value": 72.118503, "relative_strength": -2.862999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.118945, "energy": 51.463092, "activity_lines": [ 74.208451, 73.529654, 72.204945, 71.177874 ] }, { "date": "2023-08-25", "close": 75.691082, "volume": 616415, "typical_volume": 682011.65, "trend": 70.274164, "fair_value": 72.211136, "relative_strength": -2.944044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.272773, "energy": 48.263043, "activity_lines": [ 74.665661, 74.052975, 72.627335, 71.543949 ] }, { "date": "2023-09-01", "close": 74.437221, "volume": 863463, "typical_volume": 674704.6, "trend": 70.399793, "fair_value": 72.287891, "relative_strength": -7.966761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.491523, "energy": 38.706045, "activity_lines": [ 74.645127, 74.269392, 72.887708, 71.812534 ] }, { "date": "2023-09-08", "close": 71.297783, "volume": 465085, "typical_volume": 659129.8, "trend": 70.497676, "fair_value": 72.315891, "relative_strength": -10.627641, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.297595, "energy": 24.194293, "activity_lines": [ 73.591765, 73.843301, 72.840548, 71.870469 ] }, { "date": "2023-09-15", "close": 74.150077, "volume": 954052, "typical_volume": 675858.7, "trend": 70.653493, "fair_value": 72.391785, "relative_strength": -6.567825, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.085487, "energy": 23.35779, "activity_lines": [ 73.674057, 73.920668, 73.064876, 72.106107 ] }, { "date": "2023-09-22", "close": 71.355212, "volume": 562982, "typical_volume": 674298.8, "trend": 70.784653, "fair_value": 72.45502, "relative_strength": -6.95838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.593527, "energy": 15.519475, "activity_lines": [ 72.789016, 73.447616, 73.003757, 72.15138 ] }, { "date": "2023-09-29", "close": 71.240354, "volume": 948879, "typical_volume": 691499.0, "trend": 70.898347, "fair_value": 72.514847, "relative_strength": -7.14909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.334044, "energy": 15.930026, "activity_lines": [ 72.073709, 72.972614, 72.918444, 72.18078 ] }, { "date": "2023-10-06", "close": 71.020211, "volume": 2506905, "typical_volume": 785146.85, "trend": 71.120463, "fair_value": 72.558531, "relative_strength": -8.978582, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.801346, "energy": 11.850356, "activity_lines": [ 71.581736, 72.522202, 72.794609, 72.188642 ] }, { "date": "2023-10-13", "close": 69.594064, "volume": 1758279, "typical_volume": 846668.5, "trend": 71.269352, "fair_value": 72.576085, "relative_strength": -10.761832, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.148999, "energy": 27.483542, "activity_lines": [ 70.842182, 71.878342, 72.526281, 72.090164 ] }, { "date": "2023-10-20", "close": 68.71349, "volume": 1555869, "typical_volume": 885849.65, "trend": 71.354319, "fair_value": 72.577777, "relative_strength": -9.058116, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.818421, "energy": 46.16849, "activity_lines": [ 69.922684, 71.155778, 72.177105, 71.92527 ] }, { "date": "2023-10-27", "close": 69.077205, "volume": 1200378, "typical_volume": 912638.7, "trend": 71.389882, "fair_value": 72.610729, "relative_strength": -5.970489, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.080578, "energy": 48.84068, "activity_lines": [ 69.486864, 70.588451, 71.867918, 71.77836 ] }, { "date": "2023-11-03", "close": 63.956475, "volume": 2025249, "typical_volume": 966084.5, "trend": 71.296935, "fair_value": 72.626002, "relative_strength": -17.672629, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.75614, "energy": 65.328679, "activity_lines": [ 67.496, 69.188234, 71.079464, 71.298785 ] }, { "date": "2023-11-10", "close": 62.7409, "volume": 947419, "typical_volume": 982989.4, "trend": 70.966834, "fair_value": 72.567075, "relative_strength": -20.993976, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.054526, "energy": 81.034023, "activity_lines": [ 65.585537, 67.78036, 70.210448, 70.746783 ] }, { "date": "2023-11-17", "close": 64.37762, "volume": 964547, "typical_volume": 1001404.25, "trend": 70.737278, "fair_value": 72.508364, "relative_strength": -20.023435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.5549, "energy": 74.873551, "activity_lines": [ 64.772602, 66.882731, 69.534228, 70.321672 ] }, { "date": "2023-11-24", "close": 64.923193, "volume": 347830, "typical_volume": 997317.7, "trend": 70.5646, "fair_value": 72.438894, "relative_strength": -19.528032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.078165, "energy": 74.192187, "activity_lines": [ 64.489287, 66.210119, 68.938955, 69.94657 ] }, { "date": "2023-12-01", "close": 66.607769, "volume": 637257, "typical_volume": 970780.65, "trend": 70.499136, "fair_value": 72.358246, "relative_strength": -17.092541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.751789, "energy": 59.907089, "activity_lines": [ 65.020183, 66.011554, 68.536987, 69.69129 ] }, { "date": "2023-12-08", "close": 67.239485, "volume": 735185, "typical_volume": 976439.05, "trend": 70.488665, "fair_value": 72.269826, "relative_strength": -16.385348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.15843, "energy": 39.179507, "activity_lines": [ 65.926281, 66.014165, 68.222747, 69.48099 ] }, { "date": "2023-12-15", "close": 71.029782, "volume": 1720351, "typical_volume": 1032247.4, "trend": 70.549669, "fair_value": 72.176182, "relative_strength": -14.236793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.415573, "energy": 17.938802, "activity_lines": [ 67.876944, 66.778663, 68.305464, 69.515901 ] }, { "date": "2023-12-22", "close": 72.475072, "volume": 762577, "typical_volume": 1048458.6, "trend": 70.624598, "fair_value": 72.106712, "relative_strength": -12.936407, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.643153, "energy": 19.394213, "activity_lines": [ 69.756778, 67.805767, 68.543028, 69.640121 ] }, { "date": "2023-12-29", "close": 72.532501, "volume": 326262, "typical_volume": 1029726.0, "trend": 70.714444, "fair_value": 72.030601, "relative_strength": -12.825127, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 17.505299, "energy": 30.140201, "activity_lines": [ 71.115925, 68.790931, 68.793662, 69.763211 ] }, { "date": "2024-01-05", "close": 69.728064, "volume": 659980, "typical_volume": 1027948.2, "trend": 70.67719, "fair_value": 71.887925, "relative_strength": -13.12118, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.872465, "energy": 29.098919, "activity_lines": [ 71.032973, 69.196761, 68.782359, 69.699574 ] }, { "date": "2024-01-12", "close": 73.700219, "volume": 1155636, "typical_volume": 1054909.25, "trend": 70.755533, "fair_value": 71.789897, "relative_strength": -10.562957, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.608497, "energy": 32.193359, "activity_lines": [ 72.066052, 70.312967, 69.171962, 69.894608 ] }, { "date": "2024-01-19", "close": 73.834219, "volume": 536059, "typical_volume": 1038539.05, "trend": 70.866886, "fair_value": 71.677522, "relative_strength": -12.375627, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.995209, "energy": 40.111378, "activity_lines": [ 72.713082, 71.276378, 69.583809, 70.093233 ] }, { "date": "2024-01-26", "close": 72.58993, "volume": 601637, "typical_volume": 1045366.65, "trend": 70.937714, "fair_value": 71.585207, "relative_strength": -13.892424, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.269494, "energy": 24.033902, "activity_lines": [ 72.758387, 71.811857, 69.880022, 70.204397 ] }, { "date": "2024-02-02", "close": 73.57579, "volume": 723087, "typical_volume": 1033818.4, "trend": 70.996051, "fair_value": 71.466423, "relative_strength": -13.270233, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.668751, "energy": 37.230764, "activity_lines": [ 73.124655, 72.377269, 70.263975, 70.374596 ] }, { "date": "2024-02-09", "close": 75.48051, "volume": 853697, "typical_volume": 1048354.15, "trend": 71.09885, "fair_value": 71.345419, "relative_strength": -12.175203, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.433211, "energy": 45.559167, "activity_lines": [ 74.056277, 73.131674, 70.832063, 70.663916 ] }, { "date": "2024-02-16", "close": 77.357763, "volume": 958314, "typical_volume": 1048825.9, "trend": 71.184301, "fair_value": 71.245448, "relative_strength": -8.163729, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.728491, "energy": 56.73819, "activity_lines": [ 75.230154, 74.066075, 71.559294, 71.067716 ] }, { "date": "2024-02-23", "close": 79.584788, "volume": 568171, "typical_volume": 951889.2, "trend": 71.349061, "fair_value": 71.180733, "relative_strength": -6.399485, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.05451, "energy": 77.768971, "activity_lines": [ 76.902535, 75.221421, 72.469491, 71.609683 ] }, { "date": "2024-03-01", "close": 80.722402, "volume": 601248, "typical_volume": 894037.65, "trend": 71.57077, "fair_value": 71.133026, "relative_strength": -6.511004, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.034554, "energy": 83.143775, "activity_lines": [ 78.570751, 76.428061, 73.44725, 72.214415 ] }, { "date": "2024-03-08", "close": 79.922216, "volume": 507194, "typical_volume": 841603.9, "trend": 71.78103, "fair_value": 71.056408, "relative_strength": -5.6501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.58848, "energy": 81.130347, "activity_lines": [ 79.430073, 77.33926, 74.295807, 72.753218 ] }, { "date": "2024-03-15", "close": 77.772318, "volume": 643657, "typical_volume": 813767.85, "trend": 71.890924, "fair_value": 70.993367, "relative_strength": -6.778983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.211765, "energy": 73.383607, "activity_lines": [ 79.149667, 77.725211, 74.886238, 73.139753 ] }, { "date": "2024-03-22", "close": 78.5243, "volume": 470250, "typical_volume": 736017.9, "trend": 71.985364, "fair_value": 70.916072, "relative_strength": -8.273497, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.081596, "energy": 54.523289, "activity_lines": [ 78.967134, 78.101626, 75.506881, 73.567712 ] }, { "date": "2024-03-29", "close": 80.982703, "volume": 520715, "typical_volume": 714682.7, "trend": 72.203547, "fair_value": 70.852451, "relative_strength": -4.600856, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.898064, "energy": 51.838131, "activity_lines": [ 79.5263, 78.837313, 76.292287, 74.148186 ] }, { "date": "2024-04-05", "close": 79.960779, "volume": 724841, "typical_volume": 702697.4, "trend": 72.492314, "fair_value": 70.831153, "relative_strength": -4.762958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.390067, "energy": 45.929028, "activity_lines": [ 79.651631, 79.257224, 76.893501, 74.648652 ] }, { "date": "2024-04-12", "close": 76.59614, "volume": 1377689, "typical_volume": 754190.35, "trend": 72.573849, "fair_value": 70.792043, "relative_strength": -7.802892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.598981, "energy": 36.245569, "activity_lines": [ 78.70619, 78.931366, 77.100067, 74.913415 ] }, { "date": "2024-04-19", "close": 80.867222, "volume": 1041695, "typical_volume": 774412.25, "trend": 72.890916, "fair_value": 70.796881, "relative_strength": 3.213323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.751625, "energy": 42.686376, "activity_lines": [ 79.406181, 79.327153, 77.657818, 75.448472 ] }, { "date": "2024-04-26", "close": 79.53977, "volume": 927314, "typical_volume": 784018.7, "trend": 73.167563, "fair_value": 70.805845, "relative_strength": -1.990568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.455844, "energy": 35.838063, "activity_lines": [ 79.457361, 79.383645, 78.021243, 75.87743 ] }, { "date": "2024-05-03", "close": 80.486556, "volume": 703255, "typical_volume": 733163.9, "trend": 73.483108, "fair_value": 70.792507, "relative_strength": -1.553013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.179539, "energy": 36.443153, "activity_lines": [ 79.756439, 79.572608, 78.416265, 76.349623 ] }, { "date": "2024-05-10", "close": 82.858401, "volume": 551011, "typical_volume": 722585.6, "trend": 73.925253, "fair_value": 70.789129, "relative_strength": 0.06286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.579717, "energy": 48.100117, "activity_lines": [ 80.879208, 80.176419, 78.992145, 76.954481 ] }, { "date": "2024-05-17", "close": 85.074075, "volume": 519514, "typical_volume": 732248.2, "trend": 74.470606, "fair_value": 70.816046, "relative_strength": 0.725929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.378119, "energy": 67.088313, "activity_lines": [ 82.547361, 81.144243, 79.729597, 77.67376 ] }, { "date": "2024-05-24", "close": 81.794487, "volume": 634005, "typical_volume": 730949.45, "trend": 74.894515, "fair_value": 70.814073, "relative_strength": -4.22661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.359419, "energy": 58.170217, "activity_lines": [ 82.557121, 81.422109, 80.094985, 78.146268 ] }, { "date": "2024-05-31", "close": 82.136111, "volume": 433009, "typical_volume": 694818.1, "trend": 75.500503, "fair_value": 70.8007, "relative_strength": -2.120288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.454016, "energy": 54.556725, "activity_lines": [ 82.618939, 81.688957, 80.43545, 78.613468 ] }, { "date": "2024-06-07", "close": 80.242539, "volume": 407317, "typical_volume": 688381.0, "trend": 76.083891, "fair_value": 70.756116, "relative_strength": -6.638421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.762734, "energy": 37.092516, "activity_lines": [ 81.876477, 81.545851, 80.555404, 78.919406 ] }, { "date": "2024-06-14", "close": 76.865344, "volume": 742550, "typical_volume": 695426.65, "trend": 76.500148, "fair_value": 70.722903, "relative_strength": -13.284131, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.61189, "energy": 12.537675, "activity_lines": [ 80.024551, 80.802167, 80.323204, 78.969822 ] }, { "date": "2024-06-21", "close": 78.475856, "volume": 969988, "typical_volume": 707771.7, "trend": 76.951904, "fair_value": 70.692802, "relative_strength": -11.354475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.360092, "energy": 15.922183, "activity_lines": [ 79.108999, 80.407583, 80.224028, 79.097287 ] }, { "date": "2024-06-28", "close": 79.25671, "volume": 817617, "typical_volume": 705967.7, "trend": 77.373535, "fair_value": 70.659481, "relative_strength": -10.167227, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.186071, "energy": 15.187111, "activity_lines": [ 78.893613, 80.120797, 80.175884, 79.245984 ] }, { "date": "2024-07-05", "close": 77.392421, "volume": 420314, "typical_volume": 679067.7, "trend": 77.711966, "fair_value": 70.607832, "relative_strength": -14.926097, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.820297, "energy": 14.547873, "activity_lines": [ 78.225983, 79.52433, 79.932208, 79.247203 ] }, { "date": "2024-07-12", "close": 81.26741, "volume": 1233281, "typical_volume": 712323.2, "trend": 78.053221, "fair_value": 70.603076, "relative_strength": -10.160116, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.535812, "energy": 12.31446, "activity_lines": [ 79.166261, 79.67145, 80.057413, 79.476586 ] }, { "date": "2024-07-19", "close": 84.956947, "volume": 1235585, "typical_volume": 744040.05, "trend": 78.469283, "fair_value": 70.629183, "relative_strength": -1.987935, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.18405, "energy": 26.755922, "activity_lines": [ 81.268061, 80.475198, 80.52599, 79.921988 ] }, { "date": "2024-07-26", "close": 86.382006, "volume": 627250, "typical_volume": 750042.85, "trend": 78.930933, "fair_value": 70.648034, "relative_strength": 2.39881, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.951974, "energy": 56.935389, "activity_lines": [ 83.30544, 81.499892, 81.110123, 80.432486 ] }, { "date": "2024-08-02", "close": 84.185853, "volume": 833926, "typical_volume": 759556.3, "trend": 79.412859, "fair_value": 70.675695, "relative_strength": 3.097782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.061329, "energy": 55.758389, "activity_lines": [ 84.083691, 82.101505, 81.454337, 80.771513 ] }, { "date": "2024-08-09", "close": 80.711052, "volume": 616478, "typical_volume": 766867.7, "trend": 79.646554, "fair_value": 70.700785, "relative_strength": -1.279929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.504171, "energy": 48.902109, "activity_lines": [ 83.375066, 82.027856, 81.437077, 80.855267 ] }, { "date": "2024-08-16", "close": 83.999277, "volume": 748424, "typical_volume": 778253.15, "trend": 79.985389, "fair_value": 70.751682, "relative_strength": -2.245719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.531524, "energy": 41.345739, "activity_lines": [ 83.541274, 82.577976, 81.722568, 81.136088 ] }, { "date": "2024-08-23", "close": 87.753105, "volume": 757922, "typical_volume": 779907.2, "trend": 80.490828, "fair_value": 70.797793, "relative_strength": 1.351443, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.465865, "energy": 38.754371, "activity_lines": [ 84.776633, 83.742307, 82.351202, 81.637231 ] }, { "date": "2024-08-30", "close": 88.028254, "volume": 650236, "typical_volume": 743534.55, "trend": 80.972577, "fair_value": 70.857698, "relative_strength": 2.615014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.352631, "energy": 40.775294, "activity_lines": [ 85.917299, 84.758705, 82.968934, 82.123517 ] }, { "date": "2024-09-06", "close": 84.62819, "volume": 484691, "typical_volume": 715684.35, "trend": 81.2775, "fair_value": 70.893473, "relative_strength": 4.760971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.030019, "energy": 42.404854, "activity_lines": [ 85.814859, 84.98323, 83.208412, 82.359363 ] }, { "date": "2024-09-13", "close": 88.205136, "volume": 687523, "typical_volume": 703694.8, "trend": 81.639079, "fair_value": 70.965046, "relative_strength": 3.241248, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.161375, "energy": 54.214893, "activity_lines": [ 86.875246, 85.760445, 83.770643, 82.806307 ] }, { "date": "2024-09-20", "close": 88.725956, "volume": 973134, "typical_volume": 717188.75, "trend": 81.943785, "fair_value": 71.052766, "relative_strength": 2.503888, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.847985, "energy": 51.770212, "activity_lines": [ 87.609634, 86.43576, 84.341211, 83.263525 ] }, { "date": "2024-09-27", "close": 89.728287, "volume": 531745, "typical_volume": 716225.45, "trend": 82.243981, "fair_value": 71.164808, "relative_strength": 2.774734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.107383, "energy": 49.828648, "activity_lines": [ 88.36302, 87.157708, 84.968005, 83.765751 ] }, { "date": "2024-10-04", "close": 91.035248, "volume": 588400, "typical_volume": 719669.75, "trend": 82.614415, "fair_value": 71.273496, "relative_strength": 4.253284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.966405, "energy": 60.007275, "activity_lines": [ 89.420381, 88.030532, 85.686557, 84.332929 ] }, { "date": "2024-10-11", "close": 89.580885, "volume": 601048, "typical_volume": 718021.9, "trend": 83.008034, "fair_value": 71.381061, "relative_strength": 1.443449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.71588, "energy": 53.075996, "activity_lines": [ 89.792488, 88.554323, 86.238212, 84.782379 ] }, { "date": "2024-10-18", "close": 91.349705, "volume": 580963, "typical_volume": 725419.6, "trend": 83.435547, "fair_value": 71.516484, "relative_strength": 3.329314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.89816, "energy": 57.997529, "activity_lines": [ 90.424023, 89.301626, 86.921247, 85.320551 ] }, { "date": "2024-10-25", "close": 90.111531, "volume": 529787, "typical_volume": 731543.1, "trend": 83.739842, "fair_value": 71.663481, "relative_strength": 1.967586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.282065, "energy": 46.63306, "activity_lines": [ 90.433194, 89.630376, 87.442488, 85.75126 ] }, { "date": "2024-11-01", "close": 83.969796, "volume": 931138, "typical_volume": 740972.5, "trend": 83.873476, "fair_value": 71.743457, "relative_strength": -3.414482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.664419, "energy": 19.858045, "activity_lines": [ 88.302749, 88.731316, 87.331805, 85.766096 ] }, { "date": "2024-11-08", "close": 88.627688, "volume": 1047833, "typical_volume": 744864.75, "trend": 84.274527, "fair_value": 71.847725, "relative_strength": -3.40942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.529607, "energy": 18.514523, "activity_lines": [ 88.108834, 88.747932, 87.630901, 86.072819 ] }, { "date": "2024-11-15", "close": 85.699309, "volume": 640497, "typical_volume": 736008.75, "trend": 84.435597, "fair_value": 71.924423, "relative_strength": -3.344897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.100264, "energy": 16.453728, "activity_lines": [ 87.099297, 88.221217, 87.602762, 86.164741 ] }, { "date": "2024-11-22", "close": 88.401672, "volume": 624996, "typical_volume": 746242.85, "trend": 84.730994, "fair_value": 72.056271, "relative_strength": -2.18785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.714902, "energy": 18.420484, "activity_lines": [ 87.249319, 88.166365, 87.801311, 86.420616 ] }, { "date": "2024-11-29", "close": 88.185483, "volume": 597464, "typical_volume": 714452.0, "trend": 84.987624, "fair_value": 72.202174, "relative_strength": -3.193735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.535142, "energy": 13.010298, "activity_lines": [ 87.523813, 88.068634, 87.926846, 86.643487 ] }, { "date": "2024-12-06", "close": 90.013263, "volume": 799870, "typical_volume": 692666.25, "trend": 85.22612, "fair_value": 72.345669, "relative_strength": -4.312071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.316727, "energy": 22.630715, "activity_lines": [ 88.535971, 88.313052, 88.193512, 86.967721 ] }, { "date": "2024-12-13", "close": 92.302902, "volume": 1087575, "typical_volume": 715682.5, "trend": 85.467081, "fair_value": 72.508869, "relative_strength": -2.601429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.082916, "energy": 39.70458, "activity_lines": [ 89.908444, 88.968588, 88.654162, 87.424288 ] }, { "date": "2024-12-20", "close": 92.371689, "volume": 1399397, "typical_volume": 743956.05, "trend": 85.819654, "fair_value": 72.669338, "relative_strength": -0.295619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.285038, "energy": 50.908203, "activity_lines": [ 91.058832, 89.613581, 89.093167, 87.869747 ] }, { "date": "2024-12-27", "close": 91.379185, "volume": 377421, "typical_volume": 732003.2, "trend": 86.127757, "fair_value": 72.81716, "relative_strength": -2.224402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.768557, "energy": 52.41297, "activity_lines": [ 91.43356, 90.027378, 89.398669, 88.228426 ] }, { "date": "2025-01-03", "close": 90.750271, "volume": 507783, "typical_volume": 719971.15, "trend": 86.478014, "fair_value": 72.954546, "relative_strength": -2.133234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.756102, "energy": 47.723326, "activity_lines": [ 91.400149, 90.326291, 89.593473, 88.526653 ] }, { "date": "2025-01-10", "close": 87.703971, "volume": 1267535, "typical_volume": 745451.8, "trend": 86.839302, "fair_value": 73.076893, "relative_strength": -3.210129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.497289, "energy": 21.693077, "activity_lines": [ 90.180318, 90.059717, 89.466005, 88.605747 ] }, { "date": "2025-01-17", "close": 85.78775, "volume": 1153744, "typical_volume": 770627.2, "trend": 87.083032, "fair_value": 73.204374, "relative_strength": -7.846911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.01351, "energy": 9.444426, "activity_lines": [ 88.4757, 89.376845, 89.156275, 88.537905 ] }, { "date": "2025-01-24", "close": 89.217294, "volume": 1139690, "typical_volume": 803377.15, "trend": 87.415051, "fair_value": 73.356593, "relative_strength": -5.551486, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.036033, "energy": 14.742141, "activity_lines": [ 88.348607, 89.369163, 89.183837, 88.675599 ] }, { "date": "2025-01-31", "close": 89.394176, "volume": 1120304, "typical_volume": 825016.2, "trend": 87.81511, "fair_value": 73.520599, "relative_strength": -4.020196, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.674267, "energy": 15.637226, "activity_lines": [ 88.490768, 89.329677, 89.206391, 88.803284 ] }, { "date": "2025-02-07", "close": 90.072224, "volume": 908960, "typical_volume": 821807.5, "trend": 88.108604, "fair_value": 73.676682, "relative_strength": -3.393291, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.464152, "energy": 13.862541, "activity_lines": [ 88.991278, 89.395427, 89.28786, 88.948905 ] }, { "date": "2025-02-14", "close": 89.561231, "volume": 973626, "typical_volume": 843901.55, "trend": 88.26208, "fair_value": 73.820963, "relative_strength": -6.515648, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.197034, "energy": 17.140461, "activity_lines": [ 89.366661, 89.333965, 89.314252, 89.042623 ] }, { "date": "2025-02-21", "close": 88.757213, "volume": 1027402, "typical_volume": 865851.65, "trend": 88.341253, "fair_value": 73.949974, "relative_strength": -5.079868, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.938263, "energy": 12.315812, "activity_lines": [ 89.35022, 89.134536, 89.264866, 89.074567 ] }, { "date": "2025-02-28", "close": 88.470197, "volume": 1149026, "typical_volume": 893250.55, "trend": 88.484065, "fair_value": 74.04824, "relative_strength": -1.966039, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.717106, "energy": 10.151512, "activity_lines": [ 89.040144, 88.94739, 89.198993, 89.082886 ] }, { "date": "2025-03-07", "close": 87.906062, "volume": 1137881, "typical_volume": 921096.45, "trend": 88.723898, "fair_value": 74.159571, "relative_strength": 0.70098, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.580868, "energy": 4.695128, "activity_lines": [ 88.591828, 88.72861, 89.084682, 89.045595 ] }, { "date": "2025-03-14", "close": 82.670495, "volume": 1081469, "typical_volume": 948680.55, "trend": 88.679606, "fair_value": 74.220539, "relative_strength": -2.818085, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.291434, "energy": 47.645976, "activity_lines": [ 86.497531, 87.621057, 88.488144, 88.655053 ] }, { "date": "2025-03-21", "close": 82.848643, "volume": 2796599, "typical_volume": 1041953.6, "trend": 88.516124, "fair_value": 74.273195, "relative_strength": -2.80103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.143993, "energy": 57.468874, "activity_lines": [ 84.956066, 86.692799, 87.944006, 88.278862 ] }, { "date": "2025-03-28", "close": 85.164565, "volume": 834027, "typical_volume": 1031263.3, "trend": 88.420667, "fair_value": 74.343287, "relative_strength": 2.323233, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.249117, "energy": 55.5274, "activity_lines": [ 84.63408, 86.273897, 87.625771, 88.062632 ] }, { "date": "2025-04-04", "close": 84.353003, "volume": 1071389, "typical_volume": 1052807.9, "trend": 88.411494, "fair_value": 74.355004, "relative_strength": 12.236893, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.149227, "energy": 54.70358, "activity_lines": [ 84.281084, 85.718768, 87.246735, 87.800202 ] }, { "date": "2025-04-11", "close": 90.796016, "volume": 2115382, "typical_volume": 1127327.2, "trend": 88.497857, "fair_value": 74.444033, "relative_strength": 12.083046, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.006315, "energy": 18.368429, "activity_lines": [ 86.350238, 86.423538, 87.48773, 87.954042 ] }, { "date": "2025-04-18", "close": 92.676466, "volume": 823516, "typical_volume": 1138629.8, "trend": 88.629541, "fair_value": 74.554328, "relative_strength": 16.90045, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.112588, "energy": 12.246797, "activity_lines": [ 88.853545, 87.44472, 87.896414, 88.22363 ] }, { "date": "2025-04-25", "close": 98.951228, "volume": 1518647, "typical_volume": 1174568.65, "trend": 88.936972, "fair_value": 74.710206, "relative_strength": 16.999265, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.691347, "energy": 35.428981, "activity_lines": [ 92.781375, 89.559418, 88.881309, 88.889545 ] }, { "date": "2025-05-02", "close": 99.90135, "volume": 1244521, "typical_volume": 1182415.95, "trend": 89.232509, "fair_value": 74.880365, "relative_strength": 13.96554, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.735912, "energy": 72.756317, "activity_lines": [ 95.952406, 91.676138, 89.91413, 89.596925 ] }, { "date": "2025-05-09", "close": 103.375233, "volume": 970514, "typical_volume": 1160971.8, "trend": 89.69232, "fair_value": 75.069238, "relative_strength": 17.842225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.144855, "energy": 84.077254, "activity_lines": [ 99.298946, 94.221853, 91.241614, 90.509359 ] }, { "date": "2025-05-16", "close": 103.632558, "volume": 990628, "typical_volume": 1191632.15, "trend": 90.101749, "fair_value": 75.274695, "relative_strength": 10.428552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.956614, "energy": 83.67998, "activity_lines": [ 101.463113, 96.543353, 92.541208, 91.408729 ] }, { "date": "2025-05-23", "close": 103.286159, "volume": 747320, "typical_volume": 1203609.0, "trend": 90.540903, "fair_value": 75.463058, "relative_strength": 12.433388, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.827557, "energy": 80.635659, "activity_lines": [ 102.656044, 98.515936, 93.749461, 92.259336 ] }, { "date": "2025-05-30", "close": 106.86891, "volume": 753989, "typical_volume": 1177931.7, "trend": 91.304207, "fair_value": 75.677037, "relative_strength": 13.848174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.336557, "energy": 82.816581, "activity_lines": [ 104.335912, 100.765097, 95.239234, 93.312756 ] }, { "date": "2025-06-06", "close": 107.076749, "volume": 817737, "typical_volume": 1161131.35, "trend": 91.919176, "fair_value": 75.927154, "relative_strength": 11.414626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.467185, "energy": 75.771029, "activity_lines": [ 105.557214, 102.615315, 96.65754, 94.330339 ] }, { "date": "2025-06-13", "close": 104.364943, "volume": 833787, "typical_volume": 1145836.2, "trend": 92.541363, "fair_value": 76.16338, "relative_strength": 8.779973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.290666, "energy": 63.047475, "activity_lines": [ 105.396221, 103.574075, 97.716202, 95.133292 ] }, { "date": "2025-06-20", "close": 100.445691, "volume": 1123613, "typical_volume": 1146001.65, "trend": 92.942831, "fair_value": 76.372134, "relative_strength": 4.431342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.222616, "energy": 48.899512, "activity_lines": [ 103.86283, 103.456389, 98.329471, 95.643248 ] }, { "date": "2025-06-27", "close": 105.255682, "volume": 1612034, "typical_volume": 1181155.35, "trend": 93.511837, "fair_value": 76.607566, "relative_strength": 4.787303, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.29696, "energy": 44.792905, "activity_lines": [ 104.145227, 104.037799, 99.348208, 96.437626 ] }, { "date": "2025-07-04", "close": 105.513007, "volume": 846693, "typical_volume": 1174808.7, "trend": 94.028495, "fair_value": 76.846093, "relative_strength": 3.152613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.213772, "energy": 37.098167, "activity_lines": [ 104.382098, 104.437282, 100.319149, 97.211895 ] }, { "date": "2025-07-11", "close": 107.056955, "volume": 1432125, "typical_volume": 1195044.85, "trend": 94.520297, "fair_value": 77.133839, "relative_strength": 4.7366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.268425, "energy": 42.017907, "activity_lines": [ 105.224012, 104.998178, 101.361173, 98.052441 ] }, { "date": "2025-07-18", "close": 108.54152, "volume": 1418775, "typical_volume": 1208532.3, "trend": 95.059292, "fair_value": 77.432788, "relative_strength": 4.704505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.072764, "energy": 46.64189, "activity_lines": [ 106.5621, 105.698893, 102.457442, 98.957036 ] }, { "date": "2025-07-25", "close": 106.087039, "volume": 923536, "typical_volume": 1197815.05, "trend": 95.549553, "fair_value": 77.713112, "relative_strength": 1.416775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.305542, "energy": 43.462627, "activity_lines": [ 106.803589, 105.859406, 103.224373, 99.668503 ] }, { "date": "2025-08-01", "close": 108.076357, "volume": 1058218, "typical_volume": 1196652.5, "trend": 96.12709, "fair_value": 78.019014, "relative_strength": 5.577134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.288199, "energy": 44.76654, "activity_lines": [ 107.332095, 106.336986, 104.094187, 100.476684 ] }, { "date": "2025-08-08", "close": 110.72878, "volume": 888988, "typical_volume": 1101271.95, "trend": 96.894583, "fair_value": 78.329816, "relative_strength": 4.141007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.721623, "energy": 49.891374, "activity_lines": [ 108.556696, 107.20973, 105.095632, 101.418729 ] }, { "date": "2025-08-15", "close": 108.452447, "volume": 845948, "typical_volume": 1101868.0, "trend": 97.650073, "fair_value": 78.623116, "relative_strength": 1.401472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.697512, "energy": 42.815719, "activity_lines": [ 108.674802, 107.598417, 105.747521, 102.164397 ] }, { "date": "2025-08-22", "close": 110.234272, "volume": 1014836, "typical_volume": 1099040.35, "trend": 98.350639, "fair_value": 78.938384, "relative_strength": 3.939209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.579057, "energy": 44.319504, "activity_lines": [ 109.293816, 108.286058, 106.458213, 102.976281 ] }, { "date": "2025-08-29", "close": 106.770164, "volume": 840692, "typical_volume": 1035305.85, "trend": 98.929839, "fair_value": 79.248964, "relative_strength": 0.93615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.743214, "energy": 37.001221, "activity_lines": [ 108.645278, 108.237147, 106.715746, 103.519476 ] }, { "date": "2025-09-05", "close": 109.467788, "volume": 656741, "typical_volume": 1026967.1, "trend": 99.576357, "fair_value": 79.568047, "relative_strength": 2.465711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.895441, "energy": 34.594064, "activity_lines": [ 108.850406, 108.563723, 107.154129, 104.199344 ] }, { "date": "2025-09-12", "close": 114.056735, "volume": 1507652, "typical_volume": 1026417.35, "trend": 100.392874, "fair_value": 79.922001, "relative_strength": 4.747193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.216321, "energy": 40.851964, "activity_lines": [ 110.492421, 109.648069, 107.949595, 105.133562 ] }, { "date": "2025-09-19", "close": 114.912808, "volume": 1371507, "typical_volume": 1032766.65, "trend": 101.264727, "fair_value": 80.303505, "relative_strength": 3.226296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.395122, "energy": 43.486325, "activity_lines": [ 112.19793, 110.732724, 108.75466, 106.070332 ] }, { "date": "2025-09-26", "close": 120.387691, "volume": 991512, "typical_volume": 1033816.55, "trend": 102.328644, "fair_value": 80.726166, "relative_strength": 8.445481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.120049, "energy": 69.791726, "activity_lines": [ 115.297709, 112.669978, 110.00966, 107.304071 ] }, { "date": "2025-10-03", "close": 122.657278, "volume": 1325029, "typical_volume": 1050536.6, "trend": 103.487018, "fair_value": 81.160041, "relative_strength": 8.994259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.0092, "energy": 79.897588, "activity_lines": [ 118.477122, 114.8045, 111.3998, 108.615596 ] }, { "date": "2025-10-10", "close": 118.08824, "volume": 966771, "typical_volume": 1061509.15, "trend": 104.667609, "fair_value": 81.562204, "relative_strength": 7.172891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.981514, "energy": 75.77673, "activity_lines": [ 119.074382, 115.807011, 112.264199, 109.55761 ] }, { "date": "2025-10-17", "close": 121.303489, "volume": 819099, "typical_volume": 1064764.65, "trend": 105.949437, "fair_value": 81.961642, "relative_strength": 7.293468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.813477, "energy": 77.034207, "activity_lines": [ 120.168695, 117.212078, 113.364326, 110.630893 ] }, { "date": "2025-10-24", "close": 122.587598, "volume": 828121, "typical_volume": 1065283.85, "trend": 107.196872, "fair_value": 82.358341, "relative_strength": 5.943725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.551744, "energy": 72.352488, "activity_lines": [ 121.207928, 118.658352, 114.518014, 111.704323 ] }, { "date": "2025-10-31", "close": 114.415091, "volume": 1269781, "typical_volume": 1087083.55, "trend": 108.198941, "fair_value": 82.669195, "relative_strength": -3.087089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.977531, "energy": 41.616633, "activity_lines": [ 119.011338, 118.361712, 114.819506, 112.170014 ] }, { "date": "2025-11-07", "close": 116.216825, "volume": 1371928, "typical_volume": 1099499.3, "trend": 109.046302, "fair_value": 82.976871, "relative_strength": 1.380017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.18703, "energy": 31.063219, "activity_lines": [ 117.8135, 118.316646, 115.244734, 112.687297 ] }, { "date": "2025-11-14", "close": 116.167054, "volume": 705525, "typical_volume": 1054173.85, "trend": 109.829321, "fair_value": 83.29144, "relative_strength": 1.303882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.829471, "energy": 23.074768, "activity_lines": [ 117.028435, 118.090774, 115.590121, 113.1467 ] }, { "date": "2025-11-21", "close": 118.038468, "volume": 683670, "typical_volume": 1046022.7, "trend": 110.465563, "fair_value": 83.611641, "relative_strength": 5.950495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.799974, "energy": 20.04235, "activity_lines": [ 116.995254, 118.083353, 116.061779, 113.676323 ] }, { "date": "2025-11-28", "close": 122.537826, "volume": 836092, "typical_volume": 1016221.05, "trend": 111.220112, "fair_value": 83.972867, "relative_strength": 4.551105, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.959228, "energy": 28.850338, "activity_lines": [ 118.679527, 118.821603, 116.902303, 114.455179 ] }, { "date": "2025-12-05", "close": 127.405495, "volume": 808204, "typical_volume": 985692.5, "trend": 112.021121, "fair_value": 84.390389, "relative_strength": 7.274826, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.068113, "energy": 47.332556, "activity_lines": [ 121.989674, 120.306246, 118.132695, 115.499397 ] }, { "date": "2025-12-12", "close": 127.933074, "volume": 804425, "typical_volume": 979736.95, "trend": 112.831138, "fair_value": 84.838264, "relative_strength": 9.428874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.330862, "energy": 67.29677, "activity_lines": [ 124.609655, 121.759216, 119.323505, 116.525974 ] }, { "date": "2025-12-19", "close": 124.090702, "volume": 1708493, "typical_volume": 1012250.7, "trend": 113.524623, "fair_value": 85.252599, "relative_strength": 5.317773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.921879, "energy": 63.61894, "activity_lines": [ 125.167761, 122.41765, 120.044346, 117.252398 ] }, { "date": "2025-12-26", "close": 124.379378, "volume": 444623, "typical_volume": 990032.45, "trend": 114.108305, "fair_value": 85.681512, "relative_strength": 4.02463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.550627, "energy": 62.786705, "activity_lines": [ 125.293849, 123.019435, 120.71642, 117.952705 ] }, { "date": "2026-01-02", "close": 122.766776, "volume": 600291, "typical_volume": 977749.6, "trend": 114.631306, "fair_value": 86.089239, "relative_strength": 4.224784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.189167, "energy": 39.642992, "activity_lines": [ 124.459676, 123.272094, 121.169911, 118.511316 ] }, { "date": "2026-01-09", "close": 133.835993, "volume": 1152185, "typical_volume": 984617.05, "trend": 115.613674, "fair_value": 86.524041, "relative_strength": 10.72798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.075998, "energy": 48.001435, "activity_lines": [ 127.299979, 125.53408, 122.60945, 119.750328 ] }, { "date": "2026-01-16", "close": 140.21672, "volume": 1218353, "typical_volume": 1003500.1, "trend": 116.939375, "fair_value": 87.000654, "relative_strength": 16.312506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.318518, "energy": 70.065359, "activity_lines": [ 131.838491, 128.603091, 124.544288, 121.337621 ] }, { "date": "2026-01-23", "close": 140.05745, "volume": 929984, "typical_volume": 1017162.25, "trend": 118.099434, "fair_value": 87.46273, "relative_strength": 15.272638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.589248, "energy": 77.3194, "activity_lines": [ 135.505003, 131.206782, 126.304688, 122.82911 ] }, { "date": "2026-01-30", "close": 141.560555, "volume": 1098619, "typical_volume": 996710.6, "trend": 119.301019, "fair_value": 87.917167, "relative_strength": 16.032902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.950893, "energy": 85.833084, "activity_lines": [ 138.6081, 133.649395, 128.062575, 124.342731 ] }, { "date": "2026-02-06", "close": 156.113788, "volume": 1453168, "typical_volume": 1000793.65, "trend": 120.936247, "fair_value": 88.479683, "relative_strength": 29.473767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.405753, "energy": 95.405144, "activity_lines": [ 145.416863, 138.310375, 131.075515, 126.717748 ] }, { "date": "2026-02-13", "close": 154.96904, "volume": 960856, "typical_volume": 999260.85, "trend": 122.483831, "fair_value": 89.027718, "relative_strength": 29.043145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.031748, "energy": 92.013818, "activity_lines": [ 149.620909, 142.152747, 133.783235, 128.913412 ] }, { "date": "2026-02-20", "close": 153.73, "volume": 682486, "typical_volume": 967133.7, "trend": 124.071929, "fair_value": 89.580985, "relative_strength": 25.558787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.864523, "energy": 88.290621, "activity_lines": [ 152.003072, 145.268684, 136.208279, 130.929294 ] }, { "date": "2026-02-27", "close": 154.62, "volume": 830399, "typical_volume": 960315.1, "trend": 125.623384, "fair_value": 90.137334, "relative_strength": 25.644954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.51051, "energy": 85.23133, "activity_lines": [ 153.781017, 148.077404, 138.570119, 132.900137 ] }, { "date": "2026-03-06", "close": 145.16, "volume": 1063200, "typical_volume": 972520.15, "trend": 126.771091, "fair_value": 90.655304, "relative_strength": 18.737626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.618374, "energy": 59.91468, "activity_lines": [ 151.434791, 148.611046, 139.857046, 134.160564 ] }, { "date": "2026-03-13", "close": 148.77, "volume": 965103, "typical_volume": 979369.25, "trend": 128.11501, "fair_value": 91.191474, "relative_strength": 22.035835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.466403, "energy": 50.40376, "activity_lines": [ 150.051936, 149.423222, 141.37418, 135.579848 ] }, { "date": "2026-03-20", "close": 140.7, "volume": 1583087, "typical_volume": 995034.55, "trend": 129.130534, "fair_value": 91.669266, "relative_strength": 16.97689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.306171, "energy": 33.229343, "activity_lines": [ 146.468667, 148.295339, 141.998065, 136.391783 ] }, { "date": "2026-03-27", "close": 147.52, "volume": 1060159, "typical_volume": 979446.1, "trend": 130.488862, "fair_value": 92.178944, "relative_strength": 25.803469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.949907, "energy": 24.336866, "activity_lines": [ 146.11, 148.282656, 143.146307, 137.5782 ] }, { "date": "2026-04-03", "close": 152.48, "volume": 1019420, "typical_volume": 995140.85, "trend": 131.922602, "fair_value": 92.728528, "relative_strength": 24.364161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.87203, "energy": 29.971121, "activity_lines": [ 147.818667, 149.039005, 144.617867, 138.996983 ] }, { "date": "2026-04-10", "close": 157.03, "volume": 1749806, "typical_volume": 1048447.65, "trend": 133.355045, "fair_value": 93.269464, "relative_strength": 21.977947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.108654, "energy": 39.853788, "activity_lines": [ 151.186667, 150.396761, 146.349842, 140.616816 ] }, { "date": "2026-04-17", "close": 161.78, "volume": 1048131, "typical_volume": 1059049.6, "trend": 134.917284, "fair_value": 93.849693, "relative_strength": 17.92374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.69249, "energy": 51.101283, "activity_lines": [ 155.346667, 152.336892, 148.348524, 142.450684 ] }, { "date": "2026-04-24", "close": 161.1, "volume": 963778, "typical_volume": 1066828.3, "trend": 136.274361, "fair_value": 94.433003, "relative_strength": 14.557102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.428679, "energy": 65.909108, "activity_lines": [ 158.412667, 154.050364, 150.095577, 144.139891 ] }, { "date": "2026-05-01", "close": 158.21, "volume": 1334426, "typical_volume": 1093328.35, "trend": 137.459452, "fair_value": 95.007608, "relative_strength": 10.491699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.541325, "energy": 61.28957, "activity_lines": [ 159.155333, 155.126909, 151.406941, 145.555094 ] }, { "date": "2026-05-08", "close": 158.26, "volume": 1327085, "typical_volume": 1074257.95, "trend": 138.798511, "fair_value": 95.589059, "relative_strength": 4.670623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.805907, "energy": 56.158223, "activity_lines": [ 159.202, 156.131091, 152.578891, 146.897064 ] }, { "date": "2026-05-15", "close": 159.26, "volume": 965634, "typical_volume": 1100308.5, "trend": 140.063728, "fair_value": 96.166369, "relative_strength": 5.433412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.315667, "energy": 43.679694, "activity_lines": [ 159.196667, 157.250909, 153.683369, 148.217161 ] }, { "date": "2026-05-22", "close": 164.65, "volume": 1160635, "typical_volume": 1128325.7, "trend": 141.465808, "fair_value": 96.771643, "relative_strength": 7.442685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.63498, "energy": 45.426437, "activity_lines": [ 160.839333, 159.094364, 155.135082, 149.803372 ] }, { "date": "2026-05-29", "close": 169.99, "volume": 916173, "typical_volume": 1116525.1, "trend": 143.318305, "fair_value": 97.413649, "relative_strength": 7.578002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.907105, "energy": 51.280284, "activity_lines": [ 164.070667, 161.62, 156.895922, 151.643642 ] }, { "date": "2026-06-05", "close": 173.97, "volume": 1284616, "typical_volume": 1119838.25, "trend": 145.243411, "fair_value": 98.074702, "relative_strength": 14.835454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.45951, "energy": 66.959443, "activity_lines": [ 168.036, 164.336727, 158.863648, 153.621171 ] }, { "date": "2026-06-12", "close": 182.3, "volume": 1192269, "typical_volume": 1132952.5, "trend": 147.447842, "fair_value": 98.785921, "relative_strength": 17.05305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.281469, "energy": 85.281644, "activity_lines": [ 173.727333, 168.087091, 161.463977, 156.011919 ] }, { "date": "2026-06-19", "close": 182.02, "volume": 1200199, "typical_volume": 1138031.5, "trend": 149.58056, "fair_value": 99.500833, "relative_strength": 13.281872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.160399, "energy": 88.735835, "activity_lines": [ 177.722667, 171.244364, 163.836485, 158.24238 ] }, { "date": "2026-06-26", "close": 196.25, "volume": 2393951, "typical_volume": 1185070.65, "trend": 152.037632, "fair_value": 100.307147, "relative_strength": 26.936441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.172422, "energy": 95.280728, "activity_lines": [ 184.944, 176.534545, 167.371567, 161.253312 ] }, { "date": "2026-07-03", "close": 197.9, "volume": 1467109, "typical_volume": 1210383.3, "trend": 154.387449, "fair_value": 101.115316, "relative_strength": 25.945056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.465565, "energy": 93.704979, "activity_lines": [ 190.608667, 181.498, 170.872667, 164.212174 ] }, { "date": "2026-07-10", "close": 196.3, "volume": 2056199, "typical_volume": 1279068.95, "trend": 156.666347, "fair_value": 101.909569, "relative_strength": 21.888659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.309624, "energy": 89.666314, "activity_lines": [ 193.879333, 185.501455, 174.016952, 166.91621 ] }, { "date": "2026-07-17", "close": 186.0, "volume": 1223808, "typical_volume": 1298739.4, "trend": 158.72999, "fair_value": 102.622426, "relative_strength": 19.744511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.439174, "energy": 75.969339, "activity_lines": [ 192.228, 186.939636, 175.977571, 168.808704 ] }, { "date": "2026-07-24", "close": 186.24, "volume": 1254889, "typical_volume": 1308323.85, "trend": 160.792011, "fair_value": 103.337798, "relative_strength": 20.967397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.364909, "energy": 59.932013, "activity_lines": [ 190.41, 187.917091, 177.811619, 170.583543 ] }, { "date": "2026-07-31", "close": 193.91, "volume": 1269788, "typical_volume": 1323558.1, "trend": 163.163452, "fair_value": 104.105996, "relative_strength": 24.346897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.666856, "energy": 56.773833, "activity_lines": [ 190.867333, 189.798545, 180.180524, 172.720187 ] }, { "date": "2026-08-07", "close": 177.05, "volume": 1437418, "typical_volume": 1316274.65, "trend": 164.603918, "fair_value": 104.769045, "relative_strength": 7.563578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.821735, "energy": 32.202418, "activity_lines": [ 185.860667, 188.082545, 180.728762, 173.616094 ] } ], "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." } } }