{ "ticker": { "uuid": "839a02a7-c35d-41c9-8e7b-d74fa54126d4", "symbol": "FLS", "name": "Flowserve Corporation", "exchange": "NYSE", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 75.364, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -1.665, "architecture_energy": 4.27, "architecture_maturity": 11.097, "architecture_confidence": 78.112, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 66.26, "rotation_up": 27.76, "upward_expansion": 26.51, "deceleration": 40.54, "rotation_down": 27.8, "downward_expansion": 50.84 }, "activity_lines": [ 75.220667, 74.362817, 74.212864, 75.111352 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 79.95, "trend_reference": 76.682697, "distance_from_trend": 0.042608, "trend_direction": "Improving", "fair_value": 54.641572, "distance_from_fair_value": 0.463172, "fair_value_direction": "Improving", "relative_strength": 1.660444, "relative_strength_direction": "Improving", "price_momentum": -0.061622, "excess_performance": -0.187247, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042608, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019025, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.463172, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.084858, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.016604, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.03506, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.061622, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.256211, "read": "Demand-led" } ], "volume": { "latest": 8736253, "relative_activity": 0.813813, "balance": 1.256211, "dry_up": 0.934864, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.081579, "annualized_volatility": 0.475457, "from_high_reference": -0.132196, "from_low_reference": 0.651219 }, "levels": { "trend_reference": 76.682697, "fair_value_reference": 54.641572, "structural_low": 63.078747, "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": 11, "median_return": 0.055209, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.060158, "regime_survival": 0.363636, "best_return": 0.329111, "worst_return": -0.178166, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.12583, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.045267, "regime_survival": 0.142857, "best_return": 0.531727, "worst_return": -0.054686, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.194562, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.151402, "regime_survival": 0.0, "best_return": 0.551637, "worst_return": 0.040193, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.139586, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.075403, "regime_survival": 0.0, "best_return": 0.150765, "worst_return": 0.128407, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.121048, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.16923, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.155866, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.158629, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": -0.020666, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-09-05", "tenure": "New", "return": 0.028699, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-10", "tenure": "Developing", "return": -0.124054, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-10-24", "tenure": "New", "return": 0.056798, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-03-13", "tenure": "Established", "return": 0.091716, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": -0.08864, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": 0.121534, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": -0.159516, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": 0.049586, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 36.129535, "volume": 3795923, "typical_volume": 4269119.35, "trend": 33.510728, "fair_value": 31.53891, "relative_strength": 7.880125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.558781, "energy": 54.029371, "activity_lines": [ 36.740938, 36.293295, 35.268612, 34.385607 ] }, { "date": "2023-08-25", "close": 36.54075, "volume": 3975880, "typical_volume": 4311750.85, "trend": 33.676945, "fair_value": 31.599336, "relative_strength": 7.983965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.838976, "energy": 51.547038, "activity_lines": [ 36.737113, 36.417125, 35.488081, 34.581092 ] }, { "date": "2023-09-01", "close": 38.472504, "volume": 2823054, "typical_volume": 4289395.1, "trend": 33.858413, "fair_value": 31.678465, "relative_strength": 10.517906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.577894, "energy": 56.298841, "activity_lines": [ 37.328753, 36.860159, 35.862487, 34.890483 ] }, { "date": "2023-09-08", "close": 38.482067, "volume": 4487686, "typical_volume": 4380613.0, "trend": 33.986964, "fair_value": 31.764943, "relative_strength": 11.585836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.586411, "energy": 54.008467, "activity_lines": [ 37.731042, 37.22634, 36.205138, 35.188784 ] }, { "date": "2023-09-15", "close": 37.449248, "volume": 7589812, "typical_volume": 4566357.3, "trend": 34.104713, "fair_value": 31.841685, "relative_strength": 8.252549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.190137, "energy": 49.821149, "activity_lines": [ 37.720204, 37.351009, 36.415716, 35.412157 ] }, { "date": "2023-09-22", "close": 37.421298, "volume": 4171297, "typical_volume": 4361228.9, "trend": 34.251771, "fair_value": 31.929255, "relative_strength": 10.789394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.899214, "energy": 45.324929, "activity_lines": [ 37.722363, 37.432343, 36.596518, 35.62613 ] }, { "date": "2023-09-29", "close": 38.228745, "volume": 8091455, "typical_volume": 4561958.3, "trend": 34.419444, "fair_value": 32.018218, "relative_strength": 13.277218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.735139, "energy": 43.328222, "activity_lines": [ 37.907553, 37.63526, 36.836204, 35.882709 ] }, { "date": "2023-10-06", "close": 36.200516, "volume": 5259374, "typical_volume": 4598533.9, "trend": 34.610861, "fair_value": 32.081281, "relative_strength": 6.315396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.040116, "energy": 25.612669, "activity_lines": [ 37.304134, 37.425503, 36.85901, 35.997617 ] }, { "date": "2023-10-13", "close": 36.633077, "volume": 3799757, "typical_volume": 4635786.7, "trend": 34.880643, "fair_value": 32.150671, "relative_strength": 6.586663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.74702, "energy": 19.165579, "activity_lines": [ 36.996369, 37.283192, 36.909451, 36.128082 ] }, { "date": "2023-10-20", "close": 35.633381, "volume": 5464551, "typical_volume": 4678400.6, "trend": 35.070784, "fair_value": 32.197086, "relative_strength": 5.766931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.297297, "energy": 13.831827, "activity_lines": [ 36.478637, 36.973958, 36.844082, 36.176646 ] }, { "date": "2023-10-27", "close": 34.451049, "volume": 7431696, "typical_volume": 4814603.0, "trend": 35.14131, "fair_value": 32.250998, "relative_strength": 4.53351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.118921, "energy": 15.166055, "activity_lines": [ 35.687852, 36.488856, 36.657832, 36.136663 ] }, { "date": "2023-11-03", "close": 36.296641, "volume": 5879009, "typical_volume": 4859426.15, "trend": 35.336441, "fair_value": 32.319435, "relative_strength": 3.861958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.429959, "energy": 15.612387, "activity_lines": [ 35.710281, 36.369833, 36.647466, 36.211201 ] }, { "date": "2023-11-10", "close": 36.210129, "volume": 3305684, "typical_volume": 4868767.35, "trend": 35.489696, "fair_value": 32.365019, "relative_strength": 2.130142, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.310502, "energy": 13.849702, "activity_lines": [ 35.83268, 36.23952, 36.621637, 36.267568 ] }, { "date": "2023-11-17", "close": 37.123312, "volume": 5189348, "typical_volume": 4965659.65, "trend": 35.680364, "fair_value": 32.414335, "relative_strength": 2.174088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.306063, "energy": 11.130051, "activity_lines": [ 36.258832, 36.316374, 36.672968, 36.372962 ] }, { "date": "2023-11-24", "close": 36.719589, "volume": 1982801, "typical_volume": 4942622.75, "trend": 35.845845, "fair_value": 32.446446, "relative_strength": -0.06862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.09614, "energy": 14.779538, "activity_lines": [ 36.517727, 36.344528, 36.678247, 36.440009 ] }, { "date": "2023-12-01", "close": 37.248274, "volume": 3729087, "typical_volume": 4932900.45, "trend": 35.966181, "fair_value": 32.481258, "relative_strength": 0.385256, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.226453, "energy": 20.6862, "activity_lines": [ 36.880437, 36.482074, 36.727334, 36.530488 ] }, { "date": "2023-12-08", "close": 37.027188, "volume": 2627927, "typical_volume": 4825981.75, "trend": 36.092145, "fair_value": 32.505996, "relative_strength": -0.645434, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.206415, "energy": 21.807434, "activity_lines": [ 36.98297, 36.582568, 36.749581, 36.59894 ] }, { "date": "2023-12-15", "close": 38.257582, "volume": 5676862, "typical_volume": 4862180.6, "trend": 36.255635, "fair_value": 32.537533, "relative_strength": 0.038684, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.462954, "energy": 38.919998, "activity_lines": [ 37.446932, 36.928616, 36.883232, 36.738646 ] }, { "date": "2023-12-22", "close": 39.718676, "volume": 4483390, "typical_volume": 4652959.5, "trend": 36.502699, "fair_value": 32.580731, "relative_strength": 2.694583, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.001322, "energy": 60.147469, "activity_lines": [ 38.261427, 37.502917, 37.143306, 36.962068 ] }, { "date": "2023-12-29", "close": 39.813273, "volume": 1998186, "typical_volume": 4588138.95, "trend": 36.699976, "fair_value": 32.623555, "relative_strength": 2.415909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.22791, "energy": 68.493692, "activity_lines": [ 38.934431, 38.038315, 37.401582, 37.175653 ] }, { "date": "2024-01-05", "close": 38.576956, "volume": 3512988, "typical_volume": 4573992.2, "trend": 36.836704, "fair_value": 32.657705, "relative_strength": 0.695406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.707929, "energy": 65.021668, "activity_lines": [ 38.989083, 38.272931, 37.53245, 37.296749 ] }, { "date": "2024-01-12", "close": 38.915012, "volume": 3162819, "typical_volume": 4533339.15, "trend": 36.974556, "fair_value": 32.692581, "relative_strength": -0.290932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.580094, "energy": 63.280459, "activity_lines": [ 39.067842, 38.493994, 37.683859, 37.430833 ] }, { "date": "2024-01-19", "close": 39.224091, "volume": 2769339, "typical_volume": 4530653.4, "trend": 37.143694, "fair_value": 32.721773, "relative_strength": -0.711334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.226195, "energy": 55.874309, "activity_lines": [ 39.123773, 38.723647, 37.853399, 37.575965 ] }, { "date": "2024-01-26", "close": 39.108186, "volume": 3859719, "typical_volume": 4499255.05, "trend": 37.263064, "fair_value": 32.767512, "relative_strength": -2.045285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.940217, "energy": 37.764643, "activity_lines": [ 39.076634, 38.877428, 38.008321, 37.702706 ] }, { "date": "2024-02-02", "close": 39.581464, "volume": 5380655, "typical_volume": 4388797.2, "trend": 37.404268, "fair_value": 32.804643, "relative_strength": -2.222805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.054945, "energy": 42.271111, "activity_lines": [ 39.227954, 39.08117, 38.205335, 37.85228 ] }, { "date": "2024-02-09", "close": 40.083718, "volume": 3818371, "typical_volume": 4371150.9, "trend": 37.539262, "fair_value": 32.832141, "relative_strength": -2.193404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.430689, "energy": 48.066393, "activity_lines": [ 39.562147, 39.324196, 38.44003, 38.025148 ] }, { "date": "2024-02-16", "close": 41.43594, "volume": 4527603, "typical_volume": 4192958.3, "trend": 37.726661, "fair_value": 32.871592, "relative_strength": 1.486411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.401337, "energy": 65.459016, "activity_lines": [ 40.246628, 39.761528, 38.79083, 38.276546 ] }, { "date": "2024-02-23", "close": 40.682559, "volume": 6922324, "typical_volume": 4276105.8, "trend": 37.896599, "fair_value": 32.919124, "relative_strength": -1.892521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.389969, "energy": 64.936401, "activity_lines": [ 40.511922, 39.981723, 39.054607, 38.46725 ] }, { "date": "2024-03-01", "close": 41.184813, "volume": 7228876, "typical_volume": 4447561.75, "trend": 38.021118, "fair_value": 32.953622, "relative_strength": -1.578045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.702137, "energy": 69.147978, "activity_lines": [ 40.847401, 40.249146, 39.344874, 38.679392 ] }, { "date": "2024-03-08", "close": 41.899559, "volume": 6515820, "typical_volume": 4500125.2, "trend": 38.158304, "fair_value": 32.983596, "relative_strength": 0.309851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.784826, "energy": 71.064745, "activity_lines": [ 41.282688, 40.619865, 39.681538, 38.929614 ] }, { "date": "2024-03-15", "close": 42.730209, "volume": 6763260, "typical_volume": 4466703.4, "trend": 38.378327, "fair_value": 33.026675, "relative_strength": 2.12804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.057362, "energy": 73.124502, "activity_lines": [ 41.840319, 41.10368, 40.067472, 39.224576 ] }, { "date": "2024-03-22", "close": 44.063113, "volume": 5152766, "typical_volume": 4430391.25, "trend": 38.629072, "fair_value": 33.080568, "relative_strength": 2.826136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.335386, "energy": 85.147325, "activity_lines": [ 42.665818, 41.754326, 40.540925, 39.591336 ] }, { "date": "2024-03-29", "close": 44.323677, "volume": 3552996, "typical_volume": 4442756.85, "trend": 38.824111, "fair_value": 33.136074, "relative_strength": 2.955539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.931602, "energy": 87.731254, "activity_lines": [ 43.403026, 42.358747, 41.00221, 39.95873 ] }, { "date": "2024-04-05", "close": 46.458355, "volume": 7967676, "typical_volume": 4581673.25, "trend": 39.089988, "fair_value": 33.203641, "relative_strength": 8.521491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.250584, "energy": 94.539081, "activity_lines": [ 44.609053, 43.258571, 41.628162, 40.451262 ] }, { "date": "2024-04-12", "close": 45.274579, "volume": 4426789, "typical_volume": 4703872.65, "trend": 39.350832, "fair_value": 33.261998, "relative_strength": 7.054642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.86619, "energy": 87.643832, "activity_lines": [ 45.068919, 43.809523, 42.096921, 40.850268 ] }, { "date": "2024-04-19", "close": 44.440114, "volume": 5195792, "typical_volume": 4777207.9, "trend": 39.584793, "fair_value": 33.313267, "relative_strength": 8.098438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.883841, "energy": 76.464483, "activity_lines": [ 45.025628, 44.105243, 42.445468, 41.178609 ] }, { "date": "2024-04-26", "close": 45.37161, "volume": 4049619, "typical_volume": 4848292.5, "trend": 39.822888, "fair_value": 33.374447, "relative_strength": 7.226412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.036814, "energy": 63.832581, "activity_lines": [ 45.178842, 44.491119, 42.848483, 41.551952 ] }, { "date": "2024-05-03", "close": 46.109044, "volume": 9691815, "typical_volume": 5049040.15, "trend": 40.153172, "fair_value": 33.422915, "relative_strength": 8.136751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.626168, "energy": 60.540358, "activity_lines": [ 45.490634, 44.939517, 43.281995, 41.95751 ] }, { "date": "2024-05-10", "close": 48.117582, "volume": 6956258, "typical_volume": 5172683.55, "trend": 40.535989, "fair_value": 33.481014, "relative_strength": 10.512376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.42671, "energy": 66.926374, "activity_lines": [ 46.352915, 45.654439, 43.869408, 42.471343 ] }, { "date": "2024-05-17", "close": 48.156395, "volume": 3864089, "typical_volume": 5265978.7, "trend": 40.953423, "fair_value": 33.545098, "relative_strength": 8.550154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.823284, "energy": 74.18889, "activity_lines": [ 47.117518, 46.250369, 44.420522, 42.962982 ] }, { "date": "2024-05-24", "close": 48.039958, "volume": 4589759, "typical_volume": 5319817.25, "trend": 41.406387, "fair_value": 33.60745, "relative_strength": 7.975024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.333034, "energy": 79.080557, "activity_lines": [ 47.651188, 46.711367, 44.920818, 43.420178 ] }, { "date": "2024-05-31", "close": 48.224316, "volume": 4093487, "typical_volume": 5366350.65, "trend": 41.803976, "fair_value": 33.662352, "relative_strength": 8.539611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.358125, "energy": 81.762395, "activity_lines": [ 48.00632, 47.109344, 45.39361, 43.860044 ] }, { "date": "2024-06-07", "close": 45.87617, "volume": 5072176, "typical_volume": 5481492.5, "trend": 42.126177, "fair_value": 33.707415, "relative_strength": 1.864959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.501866, "energy": 56.624977, "activity_lines": [ 47.388557, 47.004727, 45.598439, 44.122767 ] }, { "date": "2024-06-14", "close": 45.206658, "volume": 3028069, "typical_volume": 5439910.0, "trend": 42.395622, "fair_value": 33.765047, "relative_strength": -1.317578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.205866, "energy": 37.68368, "activity_lines": [ 46.563149, 46.750153, 45.707829, 44.321507 ] }, { "date": "2024-06-21", "close": 46.419543, "volume": 5919855, "typical_volume": 5466870.0, "trend": 42.718954, "fair_value": 33.822851, "relative_strength": 0.561544, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.359321, "energy": 27.94412, "activity_lines": [ 46.336096, 46.738863, 45.903691, 44.581115 ] }, { "date": "2024-06-28", "close": 46.875588, "volume": 4429089, "typical_volume": 5497405.9, "trend": 43.039864, "fair_value": 33.888587, "relative_strength": 1.491712, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.182156, "energy": 23.542952, "activity_lines": [ 46.376849, 46.789671, 46.110424, 44.849285 ] }, { "date": "2024-07-05", "close": 45.481989, "volume": 3823876, "typical_volume": 5462219.55, "trend": 43.321691, "fair_value": 33.930193, "relative_strength": -3.381627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.069178, "energy": 20.684123, "activity_lines": [ 46.030694, 46.542817, 46.15209, 45.006842 ] }, { "date": "2024-07-12", "close": 47.138715, "volume": 3394046, "typical_volume": 5285805.65, "trend": 43.617729, "fair_value": 33.993015, "relative_strength": -0.882817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.309861, "energy": 26.019976, "activity_lines": [ 46.419603, 46.595179, 46.332273, 45.253101 ] }, { "date": "2024-07-19", "close": 48.405623, "volume": 4757773, "typical_volume": 5162250.5, "trend": 43.907294, "fair_value": 34.060523, "relative_strength": 3.636097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.525556, "energy": 37.906631, "activity_lines": [ 47.146644, 46.859167, 46.602371, 45.561998 ] }, { "date": "2024-07-26", "close": 49.399658, "volume": 4098481, "typical_volume": 5041383.55, "trend": 44.22684, "fair_value": 34.132133, "relative_strength": 6.365462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.648819, "energy": 45.935462, "activity_lines": [ 47.991766, 47.298651, 46.932754, 45.916344 ] }, { "date": "2024-08-02", "close": 45.628171, "volume": 6678200, "typical_volume": 5037130.55, "trend": 44.46188, "fair_value": 34.190571, "relative_strength": 0.358112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.856703, "energy": 32.297049, "activity_lines": [ 47.381052, 47.029805, 46.868232, 46.006752 ] }, { "date": "2024-08-09", "close": 44.390499, "volume": 5146465, "typical_volume": 5036815.5, "trend": 44.644397, "fair_value": 34.241133, "relative_strength": -2.321367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.470001, "energy": 8.487048, "activity_lines": [ 46.440941, 46.579779, 46.672038, 46.002147 ] }, { "date": "2024-08-16", "close": 46.173916, "volume": 4151129, "typical_volume": 5066722.15, "trend": 44.876057, "fair_value": 34.317449, "relative_strength": -2.290941, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.087435, "energy": 10.428161, "activity_lines": [ 46.168069, 46.523716, 46.644133, 46.100826 ] }, { "date": "2024-08-23", "close": 47.869623, "volume": 2803533, "typical_volume": 4808515.0, "trend": 45.168105, "fair_value": 34.39404, "relative_strength": -0.132925, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.616455, "energy": 19.604741, "activity_lines": [ 46.524752, 46.77055, 46.768914, 46.293959 ] }, { "date": "2024-08-30", "close": 48.610277, "volume": 3231306, "typical_volume": 4748740.85, "trend": 45.469066, "fair_value": 34.484926, "relative_strength": 1.138653, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.385667, "energy": 22.218232, "activity_lines": [ 47.164053, 47.103631, 46.957513, 46.516034 ] }, { "date": "2024-09-06", "close": 44.351518, "volume": 2781905, "typical_volume": 4628046.5, "trend": 45.611326, "fair_value": 34.560331, "relative_strength": -3.619917, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.456789, "energy": 2.582518, "activity_lines": [ 46.436393, 46.622561, 46.724632, 46.443935 ] }, { "date": "2024-09-13", "close": 45.462498, "volume": 4510606, "typical_volume": 4651095.85, "trend": 45.745544, "fair_value": 34.649263, "relative_strength": -4.915785, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.009148, "energy": 5.000666, "activity_lines": [ 46.16417, 46.389379, 46.59798, 46.434333 ] }, { "date": "2024-09-20", "close": 46.680679, "volume": 9045478, "typical_volume": 4618779.0, "trend": 45.945482, "fair_value": 34.740702, "relative_strength": -3.606051, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.652924, "energy": 9.286968, "activity_lines": [ 46.226541, 46.378039, 46.586912, 46.494664 ] }, { "date": "2024-09-27", "close": 50.267002, "volume": 10343636, "typical_volume": 4788147.9, "trend": 46.248221, "fair_value": 34.855541, "relative_strength": 3.277167, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.89847, "energy": 24.403973, "activity_lines": [ 47.450569, 47.027085, 46.914677, 46.773472 ] }, { "date": "2024-10-04", "close": 51.55866, "volume": 7017999, "typical_volume": 4945843.4, "trend": 46.570191, "fair_value": 34.978718, "relative_strength": 5.543062, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.220267, "energy": 57.443303, "activity_lines": [ 48.945324, 47.877135, 47.355222, 47.116081 ] }, { "date": "2024-10-11", "close": 53.916913, "volume": 5828653, "typical_volume": 5007788.1, "trend": 46.943081, "fair_value": 35.107585, "relative_strength": 8.942166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.18834, "energy": 76.369033, "activity_lines": [ 51.029604, 49.116704, 48.004161, 47.590063 ] }, { "date": "2024-10-18", "close": 53.339582, "volume": 5248296, "typical_volume": 5065528.55, "trend": 47.252297, "fair_value": 35.231463, "relative_strength": 6.719948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.697468, "energy": 80.58665, "activity_lines": [ 52.283748, 50.100599, 48.570131, 48.00274 ] }, { "date": "2024-10-25", "close": 51.529304, "volume": 4541324, "typical_volume": 5038985.95, "trend": 47.492485, "fair_value": 35.364933, "relative_strength": 3.993425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.826022, "energy": 76.094046, "activity_lines": [ 52.409327, 50.592642, 48.939335, 48.278676 ] }, { "date": "2024-11-01", "close": 52.390409, "volume": 10095997, "typical_volume": 5392382.35, "trend": 47.69022, "fair_value": 35.499062, "relative_strength": 7.04139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.945478, "energy": 72.59707, "activity_lines": [ 52.4987, 51.143879, 49.363629, 48.594671 ] }, { "date": "2024-11-08", "close": 58.594279, "volume": 7318905, "typical_volume": 5462334.85, "trend": 48.13421, "fair_value": 35.675419, "relative_strength": 13.908658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.275564, "energy": 81.319612, "activity_lines": [ 54.514468, 52.740897, 50.344559, 49.298159 ] }, { "date": "2024-11-15", "close": 57.958235, "volume": 4959134, "typical_volume": 5488837.1, "trend": 48.584814, "fair_value": 35.857242, "relative_strength": 14.668145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.515385, "energy": 79.539235, "activity_lines": [ 55.849181, 54.040742, 51.206939, 49.931967 ] }, { "date": "2024-11-22", "close": 59.690231, "volume": 8217171, "typical_volume": 5708501.85, "trend": 49.062101, "fair_value": 36.056375, "relative_strength": 15.682618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.876103, "energy": 88.174548, "activity_lines": [ 57.491804, 55.408101, 52.181497, 50.648446 ] }, { "date": "2024-11-29", "close": 59.709801, "volume": 3807533, "typical_volume": 5729176.2, "trend": 49.51546, "fair_value": 36.261312, "relative_strength": 13.942084, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.60906, "energy": 88.512704, "activity_lines": [ 58.717573, 56.520332, 53.09026, 51.335394 ] }, { "date": "2024-12-06", "close": 59.523881, "volume": 5568704, "typical_volume": 5769722.75, "trend": 49.89567, "fair_value": 36.460842, "relative_strength": 12.197893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.899597, "energy": 85.557108, "activity_lines": [ 59.336003, 57.361867, 53.921454, 51.981099 ] }, { "date": "2024-12-13", "close": 59.31839, "volume": 5332604, "typical_volume": 5831428.9, "trend": 50.267736, "fair_value": 36.671057, "relative_strength": 12.084382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.924363, "energy": 79.158481, "activity_lines": [ 59.410372, 57.997732, 54.680133, 52.589016 ] }, { "date": "2024-12-20", "close": 56.813357, "volume": 9346936, "typical_volume": 5964865.7, "trend": 50.560183, "fair_value": 36.858306, "relative_strength": 9.092292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.871916, "energy": 55.033905, "activity_lines": [ 58.601455, 58.037051, 55.153006, 53.011314 ] }, { "date": "2024-12-27", "close": 56.74486, "volume": 1722130, "typical_volume": 5793648.95, "trend": 50.844201, "fair_value": 37.041728, "relative_strength": 8.005605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.855197, "energy": 44.286396, "activity_lines": [ 57.846031, 58.011254, 55.566092, 53.410326 ] }, { "date": "2025-01-03", "close": 57.402857, "volume": 3302968, "typical_volume": 5751240.9, "trend": 51.228424, "fair_value": 37.223239, "relative_strength": 9.501505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.247668, "energy": 36.218198, "activity_lines": [ 57.506297, 58.043178, 55.983015, 53.833465 ] }, { "date": "2025-01-10", "close": 57.216261, "volume": 5265532, "typical_volume": 5874340.85, "trend": 51.628744, "fair_value": 37.398545, "relative_strength": 10.917774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.72345, "energy": 28.711357, "activity_lines": [ 57.258161, 57.934384, 56.328695, 54.219777 ] }, { "date": "2025-01-17", "close": 62.362385, "volume": 7318909, "typical_volume": 6078721.0, "trend": 52.160172, "fair_value": 37.610315, "relative_strength": 16.879756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.531601, "energy": 48.535716, "activity_lines": [ 58.879241, 58.673505, 57.119975, 54.91227 ] }, { "date": "2025-01-24", "close": 62.931995, "volume": 4446179, "typical_volume": 6161934.7, "trend": 52.695386, "fair_value": 37.821789, "relative_strength": 15.378802, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.482275, "energy": 58.338997, "activity_lines": [ 60.487258, 59.447682, 57.900017, 55.607226 ] }, { "date": "2025-01-31", "close": 61.498151, "volume": 6920175, "typical_volume": 6282413.15, "trend": 53.229258, "fair_value": 38.023659, "relative_strength": 13.389523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.822939, "energy": 62.478372, "activity_lines": [ 61.209418, 59.870727, 58.455023, 56.175146 ] }, { "date": "2025-02-07", "close": 61.72403, "volume": 4884525, "typical_volume": 6074365.5, "trend": 53.715435, "fair_value": 38.228214, "relative_strength": 13.478438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.536221, "energy": 75.039565, "activity_lines": [ 61.689985, 60.30197, 58.955182, 56.723196 ] }, { "date": "2025-02-14", "close": 61.174063, "volume": 5910942, "typical_volume": 5852730.8, "trend": 54.14105, "fair_value": 38.431425, "relative_strength": 10.437291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.884483, "energy": 69.129567, "activity_lines": [ 61.699151, 60.596596, 59.331328, 57.204398 ] }, { "date": "2025-02-21", "close": 54.397678, "volume": 9669182, "typical_volume": 5985289.95, "trend": 54.30765, "fair_value": 38.60422, "relative_strength": -0.399559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.061034, "energy": 17.915179, "activity_lines": [ 59.185669, 59.62915, 59.010166, 57.220955 ] }, { "date": "2025-02-28", "close": 54.053948, "volume": 6196200, "typical_volume": 6003667.3, "trend": 54.588509, "fair_value": 38.771807, "relative_strength": -0.272517, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 4.513963, "energy": 15.099201, "activity_lines": [ 57.08859, 58.688674, 58.642748, 57.204587 ] }, { "date": "2025-03-07", "close": 47.572188, "volume": 12223617, "typical_volume": 6352433.35, "trend": 54.694566, "fair_value": 38.877513, "relative_strength": -9.44209, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -45.26643, "energy": 45.530667, "activity_lines": [ 53.422795, 56.619868, 57.657368, 56.751921 ] }, { "date": "2025-03-14", "close": 48.122156, "volume": 9906132, "typical_volume": 6620673.75, "trend": 54.759507, "fair_value": 38.986627, "relative_strength": -6.278762, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.360313, "energy": 51.157159, "activity_lines": [ 50.86872, 54.817831, 56.751829, 56.327895 ] }, { "date": "2025-03-21", "close": 49.664029, "volume": 9108847, "typical_volume": 6571316.25, "trend": 54.819321, "fair_value": 39.097104, "relative_strength": -3.81529, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.907326, "energy": 67.827898, "activity_lines": [ 49.735394, 53.464876, 56.009359, 55.999154 ] }, { "date": "2025-03-28", "close": 48.112335, "volume": 5628376, "typical_volume": 6486789.8, "trend": 54.802722, "fair_value": 39.191174, "relative_strength": -5.440622, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.219092, "energy": 73.029773, "activity_lines": [ 48.852172, 51.967107, 55.132092, 55.566445 ] }, { "date": "2025-04-04", "close": 39.521551, "volume": 8448046, "typical_volume": 6661235.4, "trend": 54.641724, "fair_value": 39.233375, "relative_strength": -14.354629, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.03557, "energy": 89.465555, "activity_lines": [ 45.524379, 49.16647, 53.48657, 54.580563 ] }, { "date": "2025-04-11", "close": 41.701302, "volume": 10398927, "typical_volume": 6770323.2, "trend": 54.51635, "fair_value": 39.289016, "relative_strength": -14.271373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.673993, "energy": 79.828433, "activity_lines": [ 43.891996, 47.187795, 52.136436, 53.745697 ] }, { "date": "2025-04-18", "close": 41.15883, "volume": 6348916, "typical_volume": 6897392.35, "trend": 54.332289, "fair_value": 39.345862, "relative_strength": -13.945522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.934776, "energy": 83.608613, "activity_lines": [ 42.470181, 45.470432, 50.820299, 52.883922 ] }, { "date": "2025-04-25", "close": 44.206536, "volume": 9661471, "typical_volume": 7102030.7, "trend": 54.130273, "fair_value": 39.435345, "relative_strength": -11.450827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.460236, "energy": 71.170084, "activity_lines": [ 42.52849, 44.681109, 49.882759, 52.230647 ] }, { "date": "2025-05-02", "close": 46.830128, "volume": 12821859, "typical_volume": 7476493.45, "trend": 53.972656, "fair_value": 39.550359, "relative_strength": -8.695121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.157476, "energy": 52.082707, "activity_lines": [ 43.825162, 44.677304, 49.268024, 51.75967 ] }, { "date": "2025-05-09", "close": 47.096433, "volume": 5803256, "typical_volume": 7299309.45, "trend": 53.745306, "fair_value": 39.67532, "relative_strength": -7.58373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.640894, "energy": 37.746416, "activity_lines": [ 45.296083, 44.85951, 48.738119, 51.316043 ] }, { "date": "2025-05-16", "close": 50.913463, "volume": 8096197, "typical_volume": 7618012.8, "trend": 53.664436, "fair_value": 39.823089, "relative_strength": -4.984169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.830813, "energy": 24.349648, "activity_lines": [ 47.534356, 45.862222, 48.618012, 51.133343 ] }, { "date": "2025-05-23", "close": 48.930974, "volume": 4299199, "typical_volume": 7667824.35, "trend": 53.577825, "fair_value": 39.948903, "relative_strength": -6.156486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.035612, "energy": 26.691451, "activity_lines": [ 48.497654, 46.443731, 48.336865, 50.827959 ] }, { "date": "2025-05-30", "close": 49.226868, "volume": 5056282, "typical_volume": 7657361.85, "trend": 53.472373, "fair_value": 40.080763, "relative_strength": -7.055396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.831452, "energy": 24.379908, "activity_lines": [ 49.041441, 47.064333, 48.124241, 50.547252 ] }, { "date": "2025-06-06", "close": 48.201103, "volume": 21882105, "typical_volume": 8385521.65, "trend": 53.125934, "fair_value": 40.207411, "relative_strength": -10.347484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.890904, "energy": 22.063085, "activity_lines": [ 48.908618, 47.50638, 47.85197, 50.20717 ] }, { "date": "2025-06-13", "close": 45.824089, "volume": 12860819, "typical_volume": 8806253.65, "trend": 52.721462, "fair_value": 40.336426, "relative_strength": -14.323829, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.06026, "energy": 16.945202, "activity_lines": [ 47.892058, 47.514629, 47.420751, 49.736083 ] }, { "date": "2025-06-20", "close": 45.370385, "volume": 9958589, "typical_volume": 8958174.35, "trend": 52.244134, "fair_value": 40.452757, "relative_strength": -14.854066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.06942, "energy": 27.189548, "activity_lines": [ 46.809087, 47.325795, 47.027788, 49.26182 ] }, { "date": "2025-06-27", "close": 53.11294, "volume": 22845906, "typical_volume": 9856243.4, "trend": 52.024239, "fair_value": 40.621644, "relative_strength": -3.650708, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.7513, "energy": 5.607136, "activity_lines": [ 48.676505, 48.477988, 47.449011, 49.317872 ] }, { "date": "2025-07-04", "close": 54.746728, "volume": 16831060, "typical_volume": 10402249.3, "trend": 51.865, "fair_value": 40.79987, "relative_strength": -2.438091, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.158413, "energy": 19.261307, "activity_lines": [ 50.809722, 49.709885, 48.066837, 49.493517 ] }, { "date": "2025-07-11", "close": 53.093137, "volume": 14676197, "typical_volume": 10652600.05, "trend": 51.657492, "fair_value": 40.973108, "relative_strength": -5.12217, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.096128, "energy": 45.112315, "activity_lines": [ 52.023752, 50.44949, 48.557785, 49.572751 ] }, { "date": "2025-07-18", "close": 54.142721, "volume": 10101918, "typical_volume": 10847885.95, "trend": 51.568471, "fair_value": 41.143104, "relative_strength": -3.795308, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.215404, "energy": 55.360612, "activity_lines": [ 53.261507, 51.266055, 49.154906, 49.733089 ] }, { "date": "2025-07-25", "close": 54.301149, "volume": 9246058, "typical_volume": 10699008.0, "trend": 51.487014, "fair_value": 41.289161, "relative_strength": -4.820235, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.018836, "energy": 58.119247, "activity_lines": [ 53.997496, 51.983311, 49.766692, 49.90939 ] }, { "date": "2025-08-01", "close": 53.310975, "volume": 30075846, "typical_volume": 11707493.7, "trend": 51.350618, "fair_value": 41.42899, "relative_strength": -4.224914, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.923722, "energy": 48.924215, "activity_lines": [ 53.808042, 52.458941, 50.252133, 50.027065 ] }, { "date": "2025-08-08", "close": 51.627679, "volume": 8274712, "typical_volume": 11665786.95, "trend": 51.164332, "fair_value": 41.549849, "relative_strength": -9.435345, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.329381, "energy": 28.143879, "activity_lines": [ 53.044288, 52.548881, 50.552551, 50.04494 ] }, { "date": "2025-08-15", "close": 52.102963, "volume": 6523561, "typical_volume": 11710546.2, "trend": 50.822351, "fair_value": 41.68277, "relative_strength": -9.425421, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.215877, "energy": 18.268521, "activity_lines": [ 52.646898, 52.681585, 50.888885, 50.105497 ] }, { "date": "2025-08-22", "close": 53.023825, "volume": 5554219, "typical_volume": 11565854.85, "trend": 50.492079, "fair_value": 41.835266, "relative_strength": -8.011635, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.16706, "energy": 15.223525, "activity_lines": [ 52.622474, 52.910776, 51.293916, 50.247528 ] }, { "date": "2025-08-29", "close": 53.132744, "volume": 7240062, "typical_volume": 11407911.6, "trend": 50.213232, "fair_value": 41.996042, "relative_strength": -7.687368, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.352732, "energy": 23.82815, "activity_lines": [ 52.708949, 53.028866, 51.645024, 50.417893 ] }, { "date": "2025-09-05", "close": 54.657612, "volume": 6353435, "typical_volume": 11408137.55, "trend": 49.977684, "fair_value": 42.158711, "relative_strength": -5.386904, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.180123, "energy": 35.566668, "activity_lines": [ 53.381608, 53.28307, 52.086922, 50.704627 ] }, { "date": "2025-09-12", "close": 55.707197, "volume": 10889988, "typical_volume": 11469563.4, "trend": 49.795456, "fair_value": 42.353602, "relative_strength": -5.11986, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.183654, "energy": 52.537648, "activity_lines": [ 54.314352, 53.700024, 52.5645, 51.074273 ] }, { "date": "2025-09-19", "close": 56.12307, "volume": 14362566, "typical_volume": 11546598.75, "trend": 49.852969, "fair_value": 42.565665, "relative_strength": -5.606706, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.444095, "energy": 57.865327, "activity_lines": [ 55.113752, 54.175127, 53.02692, 51.482507 ] }, { "date": "2025-09-26", "close": 53.726848, "volume": 11732648, "typical_volume": 11843068.35, "trend": 49.842065, "fair_value": 42.763815, "relative_strength": -9.22734, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.123708, "energy": 54.538126, "activity_lines": [ 54.846405, 54.159464, 53.216877, 51.732434 ] }, { "date": "2025-10-03", "close": 52.454501, "volume": 7924105, "typical_volume": 11834463.75, "trend": 50.004809, "fair_value": 42.945804, "relative_strength": -12.115834, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.721016, "energy": 34.819563, "activity_lines": [ 54.108074, 53.920027, 53.254085, 51.900979 ] }, { "date": "2025-10-10", "close": 48.796503, "volume": 9943278, "typical_volume": 12116667.7, "trend": 50.027287, "fair_value": 43.111567, "relative_strength": -15.865181, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.923002, "energy": 10.881218, "activity_lines": [ 52.195627, 53.049075, 52.935573, 51.823023 ] }, { "date": "2025-10-17", "close": 50.227894, "volume": 8537294, "typical_volume": 12290718.3, "trend": 50.046083, "fair_value": 43.275251, "relative_strength": -14.569458, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.791555, "energy": 18.099528, "activity_lines": [ 51.15105, 52.520457, 52.754024, 51.835966 ] }, { "date": "2025-10-24", "close": 53.080734, "volume": 7073786, "typical_volume": 11550302.35, "trend": 50.211696, "fair_value": 43.442897, "relative_strength": -11.205919, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.546397, "energy": 20.030424, "activity_lines": [ 51.422707, 52.535987, 52.839408, 52.03175 ] }, { "date": "2025-10-31", "close": 67.84195, "volume": 24599619, "typical_volume": 12137242.35, "trend": 51.155709, "fair_value": 43.697463, "relative_strength": 12.524449, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.745475, "energy": 54.488341, "activity_lines": [ 56.817592, 55.217598, 54.307386, 53.169185 ] }, { "date": "2025-11-07", "close": 68.826031, "volume": 11928960, "typical_volume": 12235760.9, "trend": 52.059867, "fair_value": 43.941485, "relative_strength": 15.956752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.587327, "energy": 88.881655, "activity_lines": [ 61.599497, 57.808711, 55.764239, 54.309206 ] }, { "date": "2025-11-14", "close": 66.758467, "volume": 7311533, "typical_volume": 11459042.25, "trend": 52.913188, "fair_value": 44.18074, "relative_strength": 12.332004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.86739, "energy": 89.099703, "activity_lines": [ 64.600778, 59.738572, 56.912487, 55.257503 ] }, { "date": "2025-11-21", "close": 67.344939, "volume": 8980907, "typical_volume": 11066534.6, "trend": 53.684468, "fair_value": 44.421587, "relative_strength": 15.518368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.547852, "energy": 89.135207, "activity_lines": [ 66.600086, 61.555048, 58.051611, 56.188584 ] }, { "date": "2025-11-28", "close": 70.923416, "volume": 4331302, "typical_volume": 10549289.85, "trend": 54.487578, "fair_value": 44.683568, "relative_strength": 17.231203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.392026, "energy": 92.048156, "activity_lines": [ 68.651083, 63.810561, 59.471551, 57.300774 ] }, { "date": "2025-12-05", "close": 71.609291, "volume": 7288489, "typical_volume": 10408618.4, "trend": 55.304673, "fair_value": 44.963547, "relative_strength": 17.831793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.114821, "energy": 87.762591, "activity_lines": [ 69.741193, 65.921682, 60.871906, 58.4054 ] }, { "date": "2025-12-12", "close": 71.10234, "volume": 7026710, "typical_volume": 10297651.0, "trend": 55.977636, "fair_value": 45.243888, "relative_strength": 17.546345, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.943424, "energy": 74.021169, "activity_lines": [ 70.411164, 67.615494, 62.140806, 59.424605 ] }, { "date": "2025-12-19", "close": 70.63515, "volume": 7976218, "typical_volume": 9192669.6, "trend": 56.701108, "fair_value": 45.515637, "relative_strength": 16.468176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.636176, "energy": 63.794684, "activity_lines": [ 70.77365, 68.885311, 63.285206, 60.370251 ] }, { "date": "2025-12-26", "close": 70.814074, "volume": 1982862, "typical_volume": 8878077.1, "trend": 57.420682, "fair_value": 45.783719, "relative_strength": 14.96779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.592459, "energy": 61.06528, "activity_lines": [ 70.937333, 69.790593, 64.364151, 61.280765 ] }, { "date": "2026-01-02", "close": 70.534925, "volume": 2206857, "typical_volume": 8662241.9, "trend": 58.165143, "fair_value": 46.044984, "relative_strength": 15.583402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.906716, "energy": 55.889343, "activity_lines": [ 70.776689, 70.270827, 65.325146, 62.126845 ] }, { "date": "2026-01-09", "close": 73.246656, "volume": 6368679, "typical_volume": 8702964.9, "trend": 59.079228, "fair_value": 46.309335, "relative_strength": 17.994417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.451299, "energy": 58.346417, "activity_lines": [ 71.545856, 70.926754, 66.45663, 63.099846 ] }, { "date": "2026-01-16", "close": 76.935408, "volume": 6383303, "typical_volume": 8660126.95, "trend": 60.131396, "fair_value": 46.600846, "relative_strength": 24.217556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.381625, "energy": 63.092736, "activity_lines": [ 73.435449, 72.155096, 67.843124, 64.251857 ] }, { "date": "2026-01-23", "close": 77.64325, "volume": 4885252, "typical_volume": 8586717.8, "trend": 60.949073, "fair_value": 46.896289, "relative_strength": 25.588557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.897866, "energy": 64.320564, "activity_lines": [ 75.172118, 73.364693, 69.183686, 65.381654 ] }, { "date": "2026-01-30", "close": 77.912429, "volume": 5741777, "typical_volume": 8329307.25, "trend": 61.721263, "fair_value": 47.184006, "relative_strength": 25.277527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.28596, "energy": 88.780689, "activity_lines": [ 76.531307, 74.425326, 70.440428, 66.476065 ] }, { "date": "2026-02-06", "close": 85.200207, "volume": 9770652, "typical_volume": 8099711.55, "trend": 62.791498, "fair_value": 47.508203, "relative_strength": 36.695439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.960625, "energy": 95.76821, "activity_lines": [ 79.846532, 76.618874, 72.285506, 67.990835 ] }, { "date": "2026-02-13", "close": 89.417348, "volume": 11476723, "typical_volume": 8086915.3, "trend": 63.967319, "fair_value": 47.863976, "relative_strength": 44.415578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.779561, "energy": 97.613098, "activity_lines": [ 83.589784, 79.319597, 74.393753, 69.708632 ] }, { "date": "2026-02-20", "close": 88.669628, "volume": 5850886, "typical_volume": 7983254.35, "trend": 65.112935, "fair_value": 48.220771, "relative_strength": 40.515378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.000635, "energy": 94.402684, "activity_lines": [ 86.005751, 81.560587, 76.260834, 71.302329 ] }, { "date": "2026-02-27", "close": 88.250905, "volume": 6952708, "typical_volume": 7833725.85, "trend": 66.277599, "fair_value": 48.573671, "relative_strength": 39.48026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.353882, "energy": 89.907659, "activity_lines": [ 87.499862, 83.406042, 77.915584, 72.795102 ] }, { "date": "2026-03-06", "close": 75.998266, "volume": 8237750, "typical_volume": 7818748.65, "trend": 67.089952, "fair_value": 48.865596, "relative_strength": 21.798192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.913906, "energy": 65.61527, "activity_lines": [ 84.202582, 82.703457, 78.215538, 73.422241 ] }, { "date": "2026-03-13", "close": 74.064163, "volume": 8802537, "typical_volume": 7905186.2, "trend": 67.821992, "fair_value": 49.15742, "relative_strength": 19.877739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.305012, "energy": 41.295244, "activity_lines": [ 80.388213, 81.554959, 78.208575, 73.87219 ] }, { "date": "2026-03-20", "close": 71.182949, "volume": 9003457, "typical_volume": 7125378.1, "trend": 68.427296, "fair_value": 49.421867, "relative_strength": 16.829728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.830463, "energy": 26.526048, "activity_lines": [ 76.355842, 79.818435, 77.82729, 74.089026 ] }, { "date": "2026-03-27", "close": 72.15, "volume": 8264028, "typical_volume": 6942131.5, "trend": 69.061205, "fair_value": 49.67709, "relative_strength": 20.474775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.90337, "energy": 29.983208, "activity_lines": [ 73.861448, 78.295262, 77.522196, 74.329201 ] }, { "date": "2026-04-03", "close": 75.24, "volume": 7548405, "typical_volume": 6953975.1, "trend": 69.747285, "fair_value": 49.964252, "relative_strength": 20.595355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.659894, "energy": 25.040258, "activity_lines": [ 73.498363, 77.420914, 77.495559, 74.727833 ] }, { "date": "2026-04-10", "close": 84.38, "volume": 9705351, "typical_volume": 6990197.3, "trend": 70.703045, "fair_value": 50.302505, "relative_strength": 29.359823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.148256, "energy": 21.379657, "activity_lines": [ 77.049337, 78.252079, 78.299009, 75.671879 ] }, { "date": "2026-04-17", "close": 83.82, "volume": 11909552, "typical_volume": 7369109.8, "trend": 71.626276, "fair_value": 50.63851, "relative_strength": 21.997862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.831885, "energy": 27.885739, "activity_lines": [ 79.854863, 78.863834, 78.968007, 76.518134 ] }, { "date": "2026-04-24", "close": 82.968442, "volume": 8441759, "typical_volume": 7426773.3, "trend": 72.600996, "fair_value": 50.9668, "relative_strength": 19.285627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.831452, "energy": 35.272813, "activity_lines": [ 81.726147, 79.345856, 79.494492, 77.249887 ] }, { "date": "2026-05-01", "close": 71.433416, "volume": 24149484, "typical_volume": 8282912.0, "trend": 73.233626, "fair_value": 51.209077, "relative_strength": 1.433891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.652685, "energy": 17.087881, "activity_lines": [ 78.966723, 77.847852, 78.868312, 77.174559 ] }, { "date": "2026-05-08", "close": 70.914988, "volume": 16090530, "typical_volume": 8688627.6, "trend": 73.970909, "fair_value": 51.45053, "relative_strength": -1.845515, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.976753, "energy": 4.109215, "activity_lines": [ 76.082262, 76.568975, 78.191182, 77.024969 ] }, { "date": "2026-05-15", "close": 64.873306, "volume": 12284883, "typical_volume": 9203728.65, "trend": 74.459089, "fair_value": 51.652584, "relative_strength": -10.415501, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.516848, "energy": 38.085323, "activity_lines": [ 71.472241, 74.506808, 76.93732, 76.438027 ] }, { "date": "2026-05-22", "close": 69.399582, "volume": 11896894, "typical_volume": 9688230.5, "trend": 75.003051, "fair_value": 51.890359, "relative_strength": -5.138397, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.426028, "energy": 37.172321, "activity_lines": [ 69.671425, 73.469873, 76.142822, 76.111607 ] }, { "date": "2026-05-29", "close": 75.281748, "volume": 10532106, "typical_volume": 9896401.85, "trend": 75.251044, "fair_value": 52.155659, "relative_strength": 1.129306, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.13046, "energy": 43.415265, "activity_lines": [ 70.792692, 73.587233, 75.913936, 76.129588 ] }, { "date": "2026-06-05", "close": 73.277824, "volume": 7718497, "typical_volume": 9963161.55, "trend": 75.399437, "fair_value": 52.404394, "relative_strength": 0.610331, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.592947, "energy": 36.320442, "activity_lines": [ 71.758431, 73.265719, 75.48451, 76.002283 ] }, { "date": "2026-06-12", "close": 77.834009, "volume": 7963990, "typical_volume": 10117098.45, "trend": 75.768622, "fair_value": 52.680385, "relative_strength": 5.699016, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.642388, "energy": 3.594201, "activity_lines": [ 74.119937, 73.752097, 75.506423, 76.159353 ] }, { "date": "2026-06-19", "close": 81.453037, "volume": 8739653, "typical_volume": 10266992.25, "trend": 76.238892, "fair_value": 52.98361, "relative_strength": 8.923998, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.807812, "energy": 17.599524, "activity_lines": [ 77.226518, 74.849316, 75.872096, 76.526089 ] }, { "date": "2026-06-26", "close": 72.56, "volume": 13623097, "typical_volume": 10459614.5, "trend": 76.293445, "fair_value": 53.221, "relative_strength": -0.838133, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.108752, "energy": 18.717522, "activity_lines": [ 76.263438, 74.382837, 75.373954, 76.288741 ] }, { "date": "2026-07-03", "close": 72.34, "volume": 6845658, "typical_volume": 10228061.25, "trend": 76.317802, "fair_value": 53.458146, "relative_strength": -3.394176, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.169472, "energy": 17.543059, "activity_lines": [ 75.01633, 74.081085, 74.915052, 76.03368 ] }, { "date": "2026-07-10", "close": 70.48, "volume": 8842529, "typical_volume": 10377643.4, "trend": 76.297057, "fair_value": 53.678954, "relative_strength": -7.275122, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.913155, "energy": 23.999131, "activity_lines": [ 73.345339, 73.634396, 74.360327, 75.657048 ] }, { "date": "2026-07-17", "close": 68.46, "volume": 7679222, "typical_volume": 10413969.1, "trend": 76.224552, "fair_value": 53.888223, "relative_strength": -8.604945, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.954924, "energy": 48.547562, "activity_lines": [ 71.187536, 72.837769, 73.699838, 75.151431 ] }, { "date": "2026-07-24", "close": 72.4, "volume": 10492394, "typical_volume": 10526701.3, "trend": 76.277416, "fair_value": 54.124221, "relative_strength": -2.993226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.719619, "energy": 45.218021, "activity_lines": [ 70.968, 72.802141, 73.50883, 74.904686 ] }, { "date": "2026-07-31", "close": 75.99, "volume": 13235083, "typical_volume": 10748328.6, "trend": 76.459252, "fair_value": 54.371277, "relative_strength": 0.425583, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.780173, "energy": 29.295364, "activity_lines": [ 72.548667, 73.282392, 73.676861, 74.886143 ] }, { "date": "2026-08-07", "close": 79.95, "volume": 8736253, "typical_volume": 10734968.4, "trend": 76.682697, "fair_value": 54.641572, "relative_strength": 1.660444, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.664774, "energy": 4.269568, "activity_lines": [ 75.220667, 74.362817, 74.212864, 75.111352 ] } ], "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." } } }