{ "ticker": { "uuid": "840aa9e3-aea8-4c72-982f-9cd771fc68a0", "symbol": "2270", "name": "Saudia Dairy & Foodstuff Company", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 90.731, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -41.153, "architecture_energy": 54.523, "architecture_maturity": 16.609, "architecture_confidence": 70.25, "architecture_tenure": "Developing", "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": 40.44, "rotation_up": 16.44, "upward_expansion": 17.96, "deceleration": 44.88, "rotation_down": 65.61, "downward_expansion": 54.96 }, "activity_lines": [ 206.919997, 212.256362, 214.864761, 214.329073 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 202.399994, "trend_reference": 214.774944, "distance_from_trend": -0.057618, "trend_direction": "Weakening", "fair_value": 274.072512, "distance_from_fair_value": -0.261509, "fair_value_direction": "Weakening", "relative_strength": -10.075317, "relative_strength_direction": "Improving", "price_momentum": -0.104781, "excess_performance": -0.072952, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.057618, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.02611, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.261509, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.025066, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100753, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.010512, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.104781, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.434521, "read": "Demand-led" } ], "volume": { "latest": 183870, "relative_activity": 1.379532, "balance": 1.434521, "dry_up": 1.053858, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.047355, "annualized_volatility": 0.189972, "from_high_reference": -0.292139, "from_low_reference": 0.082353 }, "levels": { "trend_reference": 214.774944, "fair_value_reference": 274.072512, "structural_low": 187.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.003185, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": 0.012146, "regime_survival": 0.636364, "best_return": 0.130299, "worst_return": -0.08, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.028235, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.010284, "regime_survival": 0.4, "best_return": 0.276367, "worst_return": -0.06566, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.078334, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.079815, "regime_survival": 0.0, "best_return": 0.12753, "worst_return": -0.102385, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.205499, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.221016, "regime_survival": 0.0, "best_return": 0.331512, "worst_return": 0.079485, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-02", "end": "2024-04-19", "tenure": "Developing", "return": 0.038417, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-07-19", "tenure": "Developing", "return": -0.007615, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-08-16", "tenure": "New", "return": 0.079545, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-09-20", "tenure": "Developing", "return": 0.051683, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": -0.018692, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.0271, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": -0.042045, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2025-01-17", "tenure": "Developing", "return": -0.027988, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-10-17", "tenure": "Extended", "return": -0.083446, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.167361, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-05-08", "tenure": "Established", "return": -0.073466, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": 0.034483, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": -0.030973, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.076642, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 284.919769, "volume": 361702, "typical_volume": 89941.6, "trend": 237.598952, "fair_value": 162.084977, "relative_strength": 32.983517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.896223, "energy": 54.69963, "activity_lines": [ 292.593095, 287.449128, 270.553293, 255.812289 ] }, { "date": "2023-08-11", "close": 291.60965, "volume": 149205, "typical_volume": 97384.0, "trend": 240.72089, "fair_value": 163.045136, "relative_strength": 33.539154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.165933, "energy": 50.003354, "activity_lines": [ 292.46731, 289.395274, 274.122858, 259.296851 ] }, { "date": "2023-08-18", "close": 290.237366, "volume": 205071, "typical_volume": 107619.25, "trend": 243.39112, "fair_value": 164.004596, "relative_strength": 30.684197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.762328, "energy": 44.142975, "activity_lines": [ 291.152214, 290.296615, 277.1721, 262.491462 ] }, { "date": "2023-08-25", "close": 284.417755, "volume": 193657, "typical_volume": 117264.2, "trend": 246.033181, "fair_value": 164.916628, "relative_strength": 26.811214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.800142, "energy": 32.510575, "activity_lines": [ 288.526207, 289.743754, 279.252141, 265.138342 ] }, { "date": "2023-09-01", "close": 276.97406, "volume": 295994, "typical_volume": 132044.0, "trend": 248.604371, "fair_value": 165.750572, "relative_strength": 21.268916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.903779, "energy": 25.990228, "activity_lines": [ 284.092832, 287.547215, 280.23847, 267.134527 ] }, { "date": "2023-09-08", "close": 266.587524, "volume": 207460, "typical_volume": 142335.75, "trend": 250.829344, "fair_value": 166.502749, "relative_strength": 18.429094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.107907, "energy": 18.241496, "activity_lines": [ 277.744767, 283.712722, 280.028392, 268.294731 ] }, { "date": "2023-09-15", "close": 267.972412, "volume": 164355, "typical_volume": 150541.6, "trend": 253.186246, "fair_value": 167.284052, "relative_strength": 18.581982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.181145, "energy": 19.080437, "activity_lines": [ 273.080481, 280.257499, 279.763049, 269.400735 ] }, { "date": "2023-09-22", "close": 271.088379, "volume": 225934, "typical_volume": 161813.75, "trend": 255.281073, "fair_value": 168.116713, "relative_strength": 21.005234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.708518, "energy": 18.121758, "activity_lines": [ 271.030666, 277.598979, 279.58764, 270.555711 ] }, { "date": "2023-09-29", "close": 278.705139, "volume": 153146, "typical_volume": 169442.7, "trend": 257.538306, "fair_value": 168.971878, "relative_strength": 22.031581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.499317, "energy": 15.174648, "activity_lines": [ 272.79637, 276.845022, 279.983772, 272.066941 ] }, { "date": "2023-10-06", "close": 280.263092, "volume": 89994, "typical_volume": 173915.3, "trend": 259.864624, "fair_value": 169.817793, "relative_strength": 24.68193, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.475899, "energy": 10.266223, "activity_lines": [ 275.462233, 276.661977, 280.365102, 273.533057 ] }, { "date": "2023-10-13", "close": 263.644684, "volume": 182850, "typical_volume": 183021.6, "trend": 261.802813, "fair_value": 170.596664, "relative_strength": 18.117599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.475746, "energy": 6.75549, "activity_lines": [ 272.369358, 273.819644, 278.975157, 273.776931 ] }, { "date": "2023-10-20", "close": 252.911972, "volume": 278052, "typical_volume": 196892.35, "trend": 263.240299, "fair_value": 171.2875, "relative_strength": 11.653669, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -14.300368, "energy": 23.842229, "activity_lines": [ 265.895102, 269.412729, 276.487924, 273.203329 ] }, { "date": "2023-10-27", "close": 251.007721, "volume": 129642, "typical_volume": 203334.55, "trend": 264.837305, "fair_value": 171.953981, "relative_strength": 12.397875, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.527863, "energy": 48.473343, "activity_lines": [ 259.790125, 265.36318, 273.795315, 272.41413 ] }, { "date": "2023-11-03", "close": 257.41275, "volume": 290158, "typical_volume": 217717.6, "trend": 266.630659, "fair_value": 172.676705, "relative_strength": 9.848299, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.95454, "energy": 56.932746, "activity_lines": [ 257.158867, 263.191448, 271.795778, 271.935127 ] }, { "date": "2023-11-10", "close": 248.237991, "volume": 213151, "typical_volume": 228354.9, "trend": 267.123284, "fair_value": 173.38415, "relative_strength": 5.486112, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.427676, "energy": 64.838794, "activity_lines": [ 252.88885, 259.842579, 268.975025, 270.748503 ] }, { "date": "2023-11-17", "close": 251.700165, "volume": 126753, "typical_volume": 225876.25, "trend": 267.937157, "fair_value": 174.139098, "relative_strength": 4.082256, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.162324, "energy": 58.341801, "activity_lines": [ 251.907897, 257.64567, 266.68645, 269.753463 ] }, { "date": "2023-11-24", "close": 261.048065, "volume": 196014, "typical_volume": 219409.15, "trend": 269.154113, "fair_value": 174.96713, "relative_strength": 7.409506, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.07257, "energy": 37.221893, "activity_lines": [ 254.839212, 257.419058, 265.392429, 269.309005 ] }, { "date": "2023-12-01", "close": 276.108551, "volume": 235149, "typical_volume": 213556.2, "trend": 270.398504, "fair_value": 175.868418, "relative_strength": 11.820975, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.465706, "energy": 18.926237, "activity_lines": [ 262.248283, 260.056613, 265.625995, 269.757679 ] }, { "date": "2023-12-08", "close": 280.436249, "volume": 105885, "typical_volume": 209936.9, "trend": 271.598462, "fair_value": 176.770113, "relative_strength": 12.298992, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.099136, "energy": 16.405642, "activity_lines": [ 269.426531, 263.389747, 266.383927, 270.405275 ] }, { "date": "2023-12-15", "close": 277.666473, "volume": 149686, "typical_volume": 197692.9, "trend": 272.831888, "fair_value": 177.663165, "relative_strength": 7.523025, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.492577, "energy": 21.381653, "activity_lines": [ 274.146621, 266.18781, 266.945164, 270.79676 ] }, { "date": "2023-12-22", "close": 282.51355, "volume": 158566, "typical_volume": 187536.1, "trend": 273.986734, "fair_value": 178.585263, "relative_strength": 8.090286, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.011299, "energy": 31.910973, "activity_lines": [ 278.520504, 269.914372, 268.075265, 271.421383 ] }, { "date": "2023-12-29", "close": 288.226166, "volume": 129347, "typical_volume": 186543.2, "trend": 275.332, "fair_value": 179.553092, "relative_strength": 6.827562, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.885781, "energy": 48.405962, "activity_lines": [ 282.744367, 274.33652, 269.760883, 272.340056 ] }, { "date": "2024-01-05", "close": 298.439545, "volume": 123312, "typical_volume": 182455.25, "trend": 276.331571, "fair_value": 180.572218, "relative_strength": 8.014351, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.120923, "energy": 59.961513, "activity_lines": [ 288.560816, 279.973571, 272.435316, 273.830866 ] }, { "date": "2024-01-12", "close": 313.846222, "volume": 322688, "typical_volume": 188906.8, "trend": 277.844699, "fair_value": 181.693142, "relative_strength": 13.18568, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.774182, "energy": 74.891913, "activity_lines": [ 298.024091, 287.549438, 276.537993, 276.251166 ] }, { "date": "2024-01-19", "close": 308.133606, "volume": 179050, "typical_volume": 183059.6, "trend": 278.424086, "fair_value": 182.782508, "relative_strength": 12.000256, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.129548, "energy": 73.01907, "activity_lines": [ 303.355829, 293.060585, 279.956476, 278.205289 ] }, { "date": "2024-01-26", "close": 312.115173, "volume": 56363, "typical_volume": 175504.75, "trend": 279.707976, "fair_value": 183.90054, "relative_strength": 10.959536, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.967246, "energy": 84.954712, "activity_lines": [ 307.983614, 298.206642, 283.605777, 280.378907 ] }, { "date": "2024-02-02", "close": 314.192474, "volume": 177851, "typical_volume": 176179.55, "trend": 280.826678, "fair_value": 185.034978, "relative_strength": 13.271772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.65593, "energy": 83.502546, "activity_lines": [ 311.330391, 302.631936, 287.236118, 282.603714 ] }, { "date": "2024-02-09", "close": 334.099945, "volume": 179576, "typical_volume": 173861.65, "trend": 281.974285, "fair_value": 186.324838, "relative_strength": 16.761548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.748375, "energy": 87.968435, "activity_lines": [ 319.581905, 309.710507, 292.542313, 286.040699 ] }, { "date": "2024-02-16", "close": 319.03952, "volume": 260453, "typical_volume": 179227.0, "trend": 282.791411, "fair_value": 187.540817, "relative_strength": 8.393898, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.272751, "energy": 61.497621, "activity_lines": [ 320.435917, 312.996431, 296.114126, 288.432004 ] }, { "date": "2024-02-23", "close": 327.348724, "volume": 234396, "typical_volume": 186447.1, "trend": 283.696823, "fair_value": 188.80388, "relative_strength": 9.348683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.560674, "energy": 58.629202, "activity_lines": [ 323.713444, 317.091241, 300.285224, 291.306669 ] }, { "date": "2024-03-01", "close": 329.25293, "volume": 114976, "typical_volume": 183053.4, "trend": 285.174595, "fair_value": 190.093569, "relative_strength": 9.544916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.172659, "energy": 59.649629, "activity_lines": [ 326.344698, 320.628957, 304.413458, 294.245773 ] }, { "date": "2024-03-08", "close": 348.248291, "volume": 108511, "typical_volume": 174576.35, "trend": 287.06255, "fair_value": 191.488543, "relative_strength": 15.678936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.614061, "energy": 64.801892, "activity_lines": [ 334.165222, 326.770568, 310.038353, 298.315044 ] }, { "date": "2024-03-15", "close": 354.404205, "volume": 250722, "typical_volume": 180630.35, "trend": 289.201444, "fair_value": 192.951818, "relative_strength": 15.568727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.197344, "energy": 69.651004, "activity_lines": [ 341.76733, 332.940125, 315.795544, 302.659667 ] }, { "date": "2024-03-22", "close": 347.01712, "volume": 147948, "typical_volume": 173519.85, "trend": 291.28809, "fair_value": 194.36259, "relative_strength": 11.679934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.679815, "energy": 61.247294, "activity_lines": [ 345.553458, 336.749036, 320.356838, 306.38971 ] }, { "date": "2024-03-29", "close": 340.333527, "volume": 84776, "typical_volume": 167101.1, "trend": 293.400072, "fair_value": 195.748029, "relative_strength": 11.205193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.208287, "energy": 55.209904, "activity_lines": [ 345.246549, 338.739641, 323.854912, 309.553932 ] }, { "date": "2024-04-05", "close": 326.087036, "volume": 142631, "typical_volume": 167895.0, "trend": 295.383389, "fair_value": 197.056564, "relative_strength": 4.846941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.992819, "energy": 44.539027, "activity_lines": [ 339.325157, 337.554522, 325.557627, 311.662768 ] }, { "date": "2024-04-19", "close": 326.262878, "volume": 179985, "typical_volume": 167093.55, "trend": 297.326405, "fair_value": 198.326056, "relative_strength": 6.216033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.215189, "energy": 29.439642, "activity_lines": [ 333.673437, 336.14734, 326.922866, 313.654993 ] }, { "date": "2024-04-26", "close": 310.257538, "volume": 228862, "typical_volume": 166779.2, "trend": 298.632043, "fair_value": 199.468229, "relative_strength": 2.679219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.554417, "energy": 19.696009, "activity_lines": [ 324.152299, 331.610635, 326.453241, 314.48926 ] }, { "date": "2024-05-03", "close": 314.830505, "volume": 120292, "typical_volume": 167499.55, "trend": 299.836222, "fair_value": 200.614997, "relative_strength": 2.936252, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.075609, "energy": 20.776813, "activity_lines": [ 319.098594, 328.338876, 326.256521, 315.534322 ] }, { "date": "2024-05-10", "close": 308.850494, "volume": 122826, "typical_volume": 166156.55, "trend": 300.789136, "fair_value": 201.709012, "relative_strength": 1.22826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.843487, "energy": 14.948642, "activity_lines": [ 314.197326, 324.056371, 325.326495, 316.115888 ] }, { "date": "2024-05-17", "close": 329.338776, "volume": 368994, "typical_volume": 176677.95, "trend": 302.978939, "fair_value": 202.960111, "relative_strength": 8.283796, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.212812, "energy": 14.769411, "activity_lines": [ 318.224355, 323.835339, 326.199238, 317.9578 ] }, { "date": "2024-05-24", "close": 301.462006, "volume": 182754, "typical_volume": 179348.3, "trend": 304.597273, "fair_value": 204.022214, "relative_strength": 0.480451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.685443, "energy": 12.287205, "activity_lines": [ 312.742344, 318.544242, 324.194073, 317.859934 ] }, { "date": "2024-05-31", "close": 307.180328, "volume": 126726, "typical_volume": 179519.0, "trend": 306.469693, "fair_value": 205.115822, "relative_strength": 6.3729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.530407, "energy": 11.349436, "activity_lines": [ 310.819832, 315.1435, 322.670483, 318.026582 ] }, { "date": "2024-06-07", "close": 303.427673, "volume": 212582, "typical_volume": 174013.7, "trend": 308.003524, "fair_value": 206.180225, "relative_strength": 4.230017, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.941814, "energy": 20.257859, "activity_lines": [ 307.851583, 311.919073, 320.747874, 317.830323 ] }, { "date": "2024-06-14", "close": 313.256012, "volume": 145369, "typical_volume": 172329.65, "trend": 310.170792, "fair_value": 207.27879, "relative_strength": 7.944642, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.915103, "energy": 21.603129, "activity_lines": [ 308.919635, 311.274153, 319.81091, 318.169193 ] }, { "date": "2024-06-28", "close": 313.077332, "volume": 76190, "typical_volume": 173321.0, "trend": 312.216697, "fair_value": 208.37415, "relative_strength": 5.509105, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.251005, "energy": 12.614466, "activity_lines": [ 309.634426, 311.089063, 318.832536, 318.356712 ] }, { "date": "2024-07-05", "close": 306.108093, "volume": 107557, "typical_volume": 169806.3, "trend": 313.718698, "fair_value": 209.425865, "relative_strength": 3.708799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.120778, "energy": 17.144342, "activity_lines": [ 309.110234, 309.873379, 317.185844, 317.962608 ] }, { "date": "2024-07-12", "close": 304.678528, "volume": 94223, "typical_volume": 165538.65, "trend": 314.671031, "fair_value": 210.431336, "relative_strength": 1.901937, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.968323, "energy": 16.347072, "activity_lines": [ 307.79978, 308.764225, 315.441499, 317.379372 ] }, { "date": "2024-07-19", "close": 307.895081, "volume": 200375, "typical_volume": 162534.75, "trend": 315.586325, "fair_value": 211.474937, "relative_strength": -0.447661, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.256114, "energy": 16.648603, "activity_lines": [ 307.728298, 308.341335, 314.143595, 316.942214 ] }, { "date": "2024-07-26", "close": 298.781525, "volume": 187010, "typical_volume": 160165.45, "trend": 316.29016, "fair_value": 212.464237, "relative_strength": -2.036348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.479505, "energy": 40.207321, "activity_lines": [ 304.321137, 306.387534, 312.030801, 315.858033 ] }, { "date": "2024-08-02", "close": 314.506897, "volume": 264689, "typical_volume": 167651.1, "trend": 317.356605, "fair_value": 213.55537, "relative_strength": 2.869739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.049428, "energy": 27.583016, "activity_lines": [ 307.120732, 307.475963, 311.551697, 315.742984 ] }, { "date": "2024-08-09", "close": 305.035919, "volume": 147232, "typical_volume": 169587.15, "trend": 317.91693, "fair_value": 214.580642, "relative_strength": 2.947063, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.635887, "energy": 25.743943, "activity_lines": [ 306.66803, 307.112067, 310.240814, 314.948101 ] }, { "date": "2024-08-16", "close": 322.548218, "volume": 102235, "typical_volume": 162162.8, "trend": 318.720553, "fair_value": 215.751656, "relative_strength": 6.429313, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.533413, "energy": 10.675981, "activity_lines": [ 312.124239, 309.867245, 310.803542, 315.246894 ] }, { "date": "2024-08-23", "close": 325.228699, "volume": 122584, "typical_volume": 160894.6, "trend": 319.099968, "fair_value": 216.935663, "relative_strength": 4.764249, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.033699, "energy": 11.582387, "activity_lines": [ 317.28263, 312.830367, 311.773249, 315.666774 ] }, { "date": "2024-08-30", "close": 315.579102, "volume": 222043, "typical_volume": 167757.95, "trend": 319.348152, "fair_value": 218.042101, "relative_strength": 2.01913, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.001345, "energy": 15.0694, "activity_lines": [ 318.068913, 313.642635, 311.927701, 315.439621 ] }, { "date": "2024-09-06", "close": 326.300903, "volume": 152073, "typical_volume": 168230.05, "trend": 319.821009, "fair_value": 219.228791, "relative_strength": 5.721194, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.20956, "energy": 23.171219, "activity_lines": [ 321.309292, 316.362083, 313.221156, 315.888186 ] }, { "date": "2024-09-13", "close": 325.943512, "volume": 95817, "typical_volume": 164021.65, "trend": 320.212711, "fair_value": 220.420522, "relative_strength": 7.619184, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.492785, "energy": 32.813015, "activity_lines": [ 323.644273, 318.776122, 314.479554, 316.283186 ] }, { "date": "2024-09-20", "close": 342.037628, "volume": 257626, "typical_volume": 165459.85, "trend": 320.4773, "fair_value": 221.744748, "relative_strength": 10.331951, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.947684, "energy": 46.729462, "activity_lines": [ 329.95012, 323.75572, 317.272247, 317.691245 ] }, { "date": "2024-09-27", "close": 349.662689, "volume": 133435, "typical_volume": 166117.0, "trend": 321.498072, "fair_value": 223.101094, "relative_strength": 9.76509, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.446431, "energy": 62.379675, "activity_lines": [ 337.49836, 329.442437, 320.639802, 319.574174 ] }, { "date": "2024-10-04", "close": 326.424469, "volume": 131545, "typical_volume": 166552.95, "trend": 321.467264, "fair_value": 224.317905, "relative_strength": 5.840785, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.315162, "energy": 47.80039, "activity_lines": [ 335.671594, 330.144611, 321.628325, 319.892006 ] }, { "date": "2024-10-11", "close": 328.239929, "volume": 99632, "typical_volume": 153084.85, "trend": 321.433497, "fair_value": 225.559969, "relative_strength": 5.933519, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.350798, "energy": 36.588683, "activity_lines": [ 333.726957, 330.67427, 322.706064, 320.328952 ] }, { "date": "2024-10-18", "close": 343.126923, "volume": 163424, "typical_volume": 152118.35, "trend": 321.262785, "fair_value": 226.900605, "relative_strength": 11.314709, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 63.706398, "energy": 41.096975, "activity_lines": [ 336.615383, 333.660964, 325.206845, 321.728528 ] }, { "date": "2024-10-25", "close": 334.957245, "volume": 146235, "typical_volume": 153093.8, "trend": 320.614553, "fair_value": 228.183634, "relative_strength": 8.595436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.625528, "energy": 28.330223, "activity_lines": [ 335.635022, 334.469698, 326.731157, 322.612041 ] }, { "date": "2024-11-01", "close": 325.879791, "volume": 175091, "typical_volume": 151219.25, "trend": 319.909975, "fair_value": 229.429423, "relative_strength": 4.196662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.151603, "energy": 21.749189, "activity_lines": [ 332.100869, 333.402368, 327.258678, 322.951734 ] }, { "date": "2024-11-08", "close": 319.525604, "volume": 155335, "typical_volume": 151717.55, "trend": 319.216378, "fair_value": 230.644954, "relative_strength": 1.083064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.275607, "energy": 14.260595, "activity_lines": [ 328.03418, 331.167892, 327.074123, 322.926936 ] }, { "date": "2024-11-15", "close": 317.710144, "volume": 246989, "typical_volume": 160257.5, "trend": 318.937148, "fair_value": 231.850943, "relative_strength": 3.158231, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.077952, "energy": 15.30906, "activity_lines": [ 323.822261, 328.531578, 326.686813, 322.82976 ] }, { "date": "2024-11-22", "close": 312.445221, "volume": 77368, "typical_volume": 158748.05, "trend": 318.476559, "fair_value": 232.994902, "relative_strength": 0.767143, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.872407, "energy": 15.325458, "activity_lines": [ 318.557355, 325.094202, 325.77602, 322.410926 ] }, { "date": "2024-11-29", "close": 306.091003, "volume": 174333, "typical_volume": 162753.55, "trend": 318.337675, "fair_value": 234.092891, "relative_strength": 0.143778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.664592, "energy": 35.235239, "activity_lines": [ 313.219822, 320.746936, 324.229887, 321.611857 ] }, { "date": "2024-12-06", "close": 311.355927, "volume": 132761, "typical_volume": 159372.85, "trend": 318.221856, "fair_value": 235.214155, "relative_strength": -0.797977, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.160614, "energy": 41.717366, "activity_lines": [ 311.56168, 318.010504, 323.178449, 321.161422 ] }, { "date": "2024-12-13", "close": 326.787537, "volume": 239370, "typical_volume": 161990.85, "trend": 318.819757, "fair_value": 236.409201, "relative_strength": 2.50466, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.868319, "energy": 24.308928, "activity_lines": [ 316.015666, 318.776306, 323.580208, 321.714047 ] }, { "date": "2024-12-20", "close": 304.638641, "volume": 261188, "typical_volume": 161815.8, "trend": 317.996419, "fair_value": 237.496833, "relative_strength": -2.825432, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.53495, "energy": 32.605082, "activity_lines": [ 312.602557, 315.508435, 321.739186, 320.799136 ] }, { "date": "2024-12-27", "close": 299.736816, "volume": 124875, "typical_volume": 160697.95, "trend": 317.938913, "fair_value": 238.55409, "relative_strength": -4.208403, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.884243, "energy": 32.298871, "activity_lines": [ 308.426941, 311.778437, 319.478316, 319.621097 ] }, { "date": "2025-01-03", "close": 304.093964, "volume": 128301, "typical_volume": 162001.25, "trend": 317.836034, "fair_value": 239.627756, "relative_strength": -4.824595, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.028407, "energy": 34.739029, "activity_lines": [ 306.550934, 309.629559, 317.657646, 318.727874 ] }, { "date": "2025-01-10", "close": 307.180298, "volume": 104280, "typical_volume": 161086.05, "trend": 317.961122, "fair_value": 240.720158, "relative_strength": -3.906981, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.820321, "energy": 49.019833, "activity_lines": [ 305.836841, 308.602984, 316.21879, 318.040408 ] }, { "date": "2025-01-17", "close": 302.641602, "volume": 109907, "typical_volume": 155479.25, "trend": 317.607308, "fair_value": 241.788704, "relative_strength": -6.557902, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.832039, "energy": 61.413042, "activity_lines": [ 303.888224, 307.091181, 314.433622, 317.052051 ] }, { "date": "2025-01-24", "close": 302.096924, "volume": 189656, "typical_volume": 157358.4, "trend": 317.241294, "fair_value": 242.86109, "relative_strength": -7.368092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.560913, "energy": 57.454315, "activity_lines": [ 303.367778, 305.787328, 312.658187, 316.051382 ] }, { "date": "2025-01-31", "close": 299.918335, "volume": 97093, "typical_volume": 157422.2, "trend": 317.034969, "fair_value": 243.889135, "relative_strength": -8.383907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.700347, "energy": 58.196846, "activity_lines": [ 302.290582, 304.371245, 310.790524, 314.933771 ] }, { "date": "2025-02-07", "close": 300.462982, "volume": 195834, "typical_volume": 154332.6, "trend": 316.894451, "fair_value": 244.919605, "relative_strength": -8.250787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.178531, "energy": 59.08495, "activity_lines": [ 301.382835, 303.28195, 309.098662, 313.864611 ] }, { "date": "2025-02-14", "close": 299.918335, "volume": 80874, "typical_volume": 151704.55, "trend": 316.628559, "fair_value": 245.951915, "relative_strength": -7.912986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.633433, "energy": 56.287321, "activity_lines": [ 300.535604, 302.195956, 307.552903, 312.769378 ] }, { "date": "2025-02-21", "close": 291.930206, "volume": 90617, "typical_volume": 149658.15, "trend": 316.400182, "fair_value": 246.959673, "relative_strength": -10.137839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.983237, "energy": 68.079076, "activity_lines": [ 297.509794, 299.865531, 305.483248, 311.175935 ] }, { "date": "2025-02-28", "close": 281.400391, "volume": 163947, "typical_volume": 152873.9, "trend": 315.296632, "fair_value": 247.905263, "relative_strength": -11.2524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.920615, "energy": 79.822368, "activity_lines": [ 291.688139, 296.254364, 302.575012, 308.917884 ] }, { "date": "2025-03-07", "close": 277.76944, "volume": 134614, "typical_volume": 151433.4, "trend": 314.387749, "fair_value": 248.823313, "relative_strength": -10.008462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.979564, "energy": 85.643306, "activity_lines": [ 286.035936, 292.405537, 299.544016, 306.496775 ] }, { "date": "2025-03-14", "close": 274.320007, "volume": 92991, "typical_volume": 148771.2, "trend": 312.780142, "fair_value": 249.680869, "relative_strength": -10.303591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.302651, "energy": 90.818657, "activity_lines": [ 280.710514, 288.328948, 296.495729, 303.91176 ] }, { "date": "2025-03-21", "close": 294.167694, "volume": 188647, "typical_volume": 149449.0, "trend": 311.744775, "fair_value": 250.672051, "relative_strength": -3.906088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.010098, "energy": 75.489373, "activity_lines": [ 283.743854, 288.402374, 295.626447, 302.710956 ] }, { "date": "2025-03-28", "close": 281.272156, "volume": 168566, "typical_volume": 150110.55, "trend": 310.601211, "fair_value": 251.568841, "relative_strength": -9.844769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.041761, "energy": 57.434753, "activity_lines": [ 282.862057, 286.367749, 293.680028, 300.744981 ] }, { "date": "2025-04-04", "close": 284.262451, "volume": 28533, "typical_volume": 139187.75, "trend": 309.199929, "fair_value": 252.4848, "relative_strength": -7.581166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.675073, "energy": 48.698542, "activity_lines": [ 283.687561, 285.26535, 292.200558, 299.045706 ] }, { "date": "2025-04-11", "close": 281.832825, "volume": 142253, "typical_volume": 142432.0, "trend": 307.729573, "fair_value": 253.371325, "relative_strength": -5.161198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.414972, "energy": 40.364682, "activity_lines": [ 283.512386, 284.045463, 290.648971, 297.280087 ] }, { "date": "2025-04-18", "close": 292.485687, "volume": 108950, "typical_volume": 139162.85, "trend": 306.077841, "fair_value": 254.302682, "relative_strength": -1.980739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.815992, "energy": 30.937811, "activity_lines": [ 286.617273, 285.091289, 290.257714, 296.29661 ] }, { "date": "2025-04-25", "close": 289.308533, "volume": 128757, "typical_volume": 138962.65, "trend": 304.066036, "fair_value": 255.238193, "relative_strength": -4.681024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.048404, "energy": 24.025401, "activity_lines": [ 287.452063, 285.704491, 289.628659, 295.214719 ] }, { "date": "2025-05-02", "close": 280.711487, "volume": 85618, "typical_volume": 131275.05, "trend": 302.54227, "fair_value": 256.084479, "relative_strength": -5.674788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.191264, "energy": 27.313559, "activity_lines": [ 285.745115, 284.9475, 288.285826, 293.707974 ] }, { "date": "2025-05-09", "close": 275.665436, "volume": 102072, "typical_volume": 123319.25, "trend": 300.789787, "fair_value": 256.932535, "relative_strength": -5.820359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.077993, "energy": 35.047355, "activity_lines": [ 282.393528, 283.477021, 286.681825, 291.973985 ] }, { "date": "2025-05-16", "close": 276.599884, "volume": 168104, "typical_volume": 125480.7, "trend": 298.572219, "fair_value": 257.783383, "relative_strength": -6.422265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.859705, "energy": 39.354452, "activity_lines": [ 279.926559, 282.280715, 285.304788, 290.413346 ] }, { "date": "2025-05-23", "close": 269.124207, "volume": 160799, "typical_volume": 127105.6, "trend": 296.377784, "fair_value": 258.570317, "relative_strength": -6.334029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.819246, "energy": 56.580971, "activity_lines": [ 275.316559, 279.746458, 283.325957, 288.513474 ] }, { "date": "2025-05-30", "close": 265.199463, "volume": 104267, "typical_volume": 127104.95, "trend": 294.355107, "fair_value": 259.342755, "relative_strength": -5.963943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.843355, "energy": 71.109085, "activity_lines": [ 270.955744, 276.593082, 281.139863, 286.50197 ] }, { "date": "2025-06-06", "close": 268.189728, "volume": 66877, "typical_volume": 124953.45, "trend": 292.643911, "fair_value": 260.167411, "relative_strength": -4.859355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.909714, "energy": 69.022265, "activity_lines": [ 269.198954, 274.510084, 279.438466, 284.813881 ] }, { "date": "2025-06-13", "close": 253.051483, "volume": 81053, "typical_volume": 119523.3, "trend": 290.488622, "fair_value": 260.893962, "relative_strength": -8.675863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.70404, "energy": 82.010422, "activity_lines": [ 263.230868, 269.912541, 276.459387, 282.25953 ] }, { "date": "2025-06-20", "close": 244.080704, "volume": 137807, "typical_volume": 121559.0, "trend": 288.209805, "fair_value": 261.551279, "relative_strength": -9.714092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.182062, "energy": 90.653026, "activity_lines": [ 255.780118, 264.251419, 272.859498, 279.265471 ] }, { "date": "2025-06-27", "close": 254.920395, "volume": 165791, "typical_volume": 120056.85, "trend": 286.504118, "fair_value": 262.253561, "relative_strength": -9.352238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.644669, "energy": 82.34192, "activity_lines": [ 254.110544, 261.247553, 270.557855, 277.117767 ] }, { "date": "2025-07-04", "close": 264.078125, "volume": 110620, "typical_volume": 121544.15, "trend": 284.928191, "fair_value": 263.072118, "relative_strength": -7.372886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.150775, "energy": 71.072916, "activity_lines": [ 256.440467, 260.591733, 269.345245, 275.670929 ] }, { "date": "2025-07-11", "close": 262.396088, "volume": 60344, "typical_volume": 120030.5, "trend": 282.78181, "fair_value": 263.879893, "relative_strength": -8.048669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.164183, "energy": 52.581245, "activity_lines": [ 258.284468, 260.088824, 268.143109, 274.217245 ] }, { "date": "2025-07-18", "close": 256.041779, "volume": 45993, "typical_volume": 114132.8, "trend": 281.161914, "fair_value": 264.635439, "relative_strength": -7.935134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.048344, "energy": 45.112454, "activity_lines": [ 258.396608, 258.763592, 266.47644, 272.492082 ] }, { "date": "2025-07-25", "close": 256.228668, "volume": 60807, "typical_volume": 110442.45, "trend": 279.711643, "fair_value": 265.418235, "relative_strength": -7.251647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.139241, "energy": 36.291219, "activity_lines": [ 258.371691, 257.829135, 264.948324, 270.883485 ] }, { "date": "2025-08-01", "close": 245.762726, "volume": 109769, "typical_volume": 111281.35, "trend": 277.767268, "fair_value": 266.130685, "relative_strength": -10.586537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.090097, "energy": 51.699794, "activity_lines": [ 254.048263, 255.362164, 262.526028, 268.693233 ] }, { "date": "2025-08-08", "close": 256.976227, "volume": 79262, "typical_volume": 105812.1, "trend": 276.093799, "fair_value": 266.900905, "relative_strength": -6.404238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.641523, "energy": 43.947101, "activity_lines": [ 254.073179, 255.358766, 261.307671, 267.351875 ] }, { "date": "2025-08-15", "close": 255.854858, "volume": 77804, "typical_volume": 101274.0, "trend": 274.534241, "fair_value": 267.69433, "relative_strength": -5.731522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.172919, "energy": 41.008283, "activity_lines": [ 254.197766, 255.300996, 260.159619, 266.046137 ] }, { "date": "2025-08-22", "close": 249.874329, "volume": 94595, "typical_volume": 104577.1, "trend": 272.793488, "fair_value": 268.435307, "relative_strength": -7.956909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.64051, "energy": 44.327189, "activity_lines": [ 252.764925, 254.380128, 258.563028, 264.455175 ] }, { "date": "2025-08-29", "close": 249.874329, "volume": 98107, "typical_volume": 102369.8, "trend": 271.125354, "fair_value": 269.168686, "relative_strength": -6.609011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.306193, "energy": 38.808246, "activity_lines": [ 251.743248, 253.517026, 257.130189, 262.97652 ] }, { "date": "2025-09-05", "close": 245.762726, "volume": 70625, "typical_volume": 100453.55, "trend": 269.302012, "fair_value": 269.864854, "relative_strength": -7.205111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.479851, "energy": 42.830047, "activity_lines": [ 249.774658, 251.801021, 255.457953, 261.340221 ] }, { "date": "2025-09-12", "close": 240.34288, "volume": 95250, "typical_volume": 98778.2, "trend": 267.316164, "fair_value": 270.345005, "relative_strength": -7.167675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.555295, "energy": 59.37868, "activity_lines": [ 245.999454, 249.266093, 253.492031, 259.47189 ] }, { "date": "2025-09-19", "close": 243.893814, "volume": 107421, "typical_volume": 99868.35, "trend": 265.714951, "fair_value": 270.846832, "relative_strength": -8.253699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.008095, "energy": 58.848349, "activity_lines": [ 244.516784, 247.808339, 252.097463, 257.960771 ] }, { "date": "2025-09-26", "close": 260.340302, "volume": 202849, "typical_volume": 104907.2, "trend": 265.012948, "fair_value": 271.436719, "relative_strength": -6.251926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.433656, "energy": 34.022389, "activity_lines": [ 249.313679, 249.67726, 252.44455, 257.614019 ] }, { "date": "2025-10-03", "close": 258.031281, "volume": 237790, "typical_volume": 108391.5, "trend": 264.355009, "fair_value": 272.007462, "relative_strength": -8.251136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.274331, "energy": 20.41161, "activity_lines": [ 252.643169, 251.048205, 252.644707, 257.163589 ] }, { "date": "2025-10-10", "close": 267.844543, "volume": 172328, "typical_volume": 108967.95, "trend": 264.13916, "fair_value": 272.624828, "relative_strength": -5.16566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.453394, "energy": 15.807748, "activity_lines": [ 258.69995, 254.170604, 253.867882, 257.38872 ] }, { "date": "2025-10-17", "close": 276.888153, "volume": 270969, "typical_volume": 117303.05, "trend": 263.563176, "fair_value": 273.346842, "relative_strength": -2.517561, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.235798, "energy": 37.873817, "activity_lines": [ 266.299147, 258.535809, 255.958446, 258.211236 ] }, { "date": "2025-10-24", "close": 277.080566, "volume": 110174, "typical_volume": 119467.9, "trend": 263.423456, "fair_value": 274.042952, "relative_strength": -1.399369, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.396969, "energy": 54.865314, "activity_lines": [ 271.526129, 262.573962, 258.011676, 259.083325 ] }, { "date": "2025-10-31", "close": 275.926056, "volume": 181353, "typical_volume": 124482.9, "trend": 263.145576, "fair_value": 274.741431, "relative_strength": -1.914651, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.107008, "energy": 64.325901, "activity_lines": [ 274.155825, 266.016283, 259.912615, 259.889945 ] }, { "date": "2025-11-07", "close": 249.180099, "volume": 304452, "typical_volume": 132815.15, "trend": 262.057152, "fair_value": 275.266291, "relative_strength": -8.338242, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.142489, "energy": 30.745177, "activity_lines": [ 266.831151, 264.122034, 259.157393, 258.988946 ] }, { "date": "2025-11-14", "close": 242.060669, "volume": 172701, "typical_volume": 133160.65, "trend": 260.376318, "fair_value": 275.569666, "relative_strength": -9.581498, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -19.153371, "energy": 11.86152, "activity_lines": [ 257.723413, 260.945967, 257.699847, 257.698851 ] }, { "date": "2025-11-21", "close": 235.90332, "volume": 173975, "typical_volume": 136328.4, "trend": 258.596144, "fair_value": 275.847682, "relative_strength": -10.186858, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -59.665249, "energy": 43.736557, "activity_lines": [ 248.28215, 256.717691, 255.717124, 256.119948 ] }, { "date": "2025-11-28", "close": 230.708054, "volume": 134691, "typical_volume": 140045.75, "trend": 256.929363, "fair_value": 276.120618, "relative_strength": -8.771572, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -74.713253, "energy": 58.670163, "activity_lines": [ 239.841454, 251.625541, 253.37378, 254.320716 ] }, { "date": "2025-12-05", "close": 229.457352, "volume": 80038, "typical_volume": 141748.0, "trend": 255.389094, "fair_value": 276.343203, "relative_strength": -8.810218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.292858, "energy": 81.607645, "activity_lines": [ 234.075358, 246.545731, 251.062216, 252.548328 ] }, { "date": "2025-12-12", "close": 226.571091, "volume": 119605, "typical_volume": 144687.9, "trend": 253.721467, "fair_value": 276.617842, "relative_strength": -10.284723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.144113, "energy": 83.855879, "activity_lines": [ 230.445089, 241.502655, 248.602363, 250.689102 ] }, { "date": "2025-12-19", "close": 226.282455, "volume": 74332, "typical_volume": 142916.05, "trend": 252.293409, "fair_value": 276.896058, "relative_strength": -7.822723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.445509, "energy": 81.863239, "activity_lines": [ 228.225875, 236.979103, 246.256248, 248.918843 ] }, { "date": "2025-12-26", "close": 228.014221, "volume": 89108, "typical_volume": 143408.35, "trend": 251.053901, "fair_value": 277.207084, "relative_strength": -7.512823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.159271, "energy": 77.945348, "activity_lines": [ 227.635797, 233.526092, 244.167826, 247.352444 ] }, { "date": "2026-01-02", "close": 237.442657, "volume": 85387, "typical_volume": 143787.5, "trend": 250.028998, "fair_value": 277.527532, "relative_strength": -3.691329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.095867, "energy": 50.832751, "activity_lines": [ 230.714471, 232.675959, 243.115264, 246.474299 ] }, { "date": "2026-01-09", "close": 225.224182, "volume": 74553, "typical_volume": 142785.4, "trend": 249.101422, "fair_value": 277.807648, "relative_strength": -7.690418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.014144, "energy": 50.447499, "activity_lines": [ 229.271347, 230.324975, 240.986715, 244.873989 ] }, { "date": "2026-01-16", "close": 225.609009, "volume": 68039, "typical_volume": 141282.0, "trend": 248.485698, "fair_value": 278.081547, "relative_strength": -10.197699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.714332, "energy": 49.721689, "activity_lines": [ 228.238709, 228.965811, 239.012198, 243.358349 ] }, { "date": "2026-01-23", "close": 223.877243, "volume": 74068, "typical_volume": 141454.15, "trend": 247.450927, "fair_value": 278.247738, "relative_strength": -13.097665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.061008, "energy": 49.717582, "activity_lines": [ 226.692955, 227.720346, 236.9883, 241.770707 ] }, { "date": "2026-01-30", "close": 232.632233, "volume": 181169, "typical_volume": 145750.1, "trend": 246.40273, "fair_value": 278.39198, "relative_strength": -11.396932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.954673, "energy": 43.622977, "activity_lines": [ 228.225879, 228.397305, 235.902427, 240.814662 ] }, { "date": "2026-02-06", "close": 226.090042, "volume": 88088, "typical_volume": 144783.45, "trend": 245.192529, "fair_value": 278.526173, "relative_strength": -12.110556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.72038, "energy": 47.737621, "activity_lines": [ 227.270205, 227.944249, 234.230206, 239.504166 ] }, { "date": "2026-02-13", "close": 212.139816, "volume": 295775, "typical_volume": 149429.75, "trend": 243.72913, "fair_value": 278.605028, "relative_strength": -17.626363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.610473, "energy": 62.836323, "activity_lines": [ 222.421296, 225.038752, 231.314172, 237.371733 ] }, { "date": "2026-02-20", "close": 203.0, "volume": 410231, "typical_volume": 158051.8, "trend": 241.954841, "fair_value": 278.625295, "relative_strength": -18.6391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.767669, "energy": 84.864248, "activity_lines": [ 215.398073, 220.786335, 227.757205, 234.744047 ] }, { "date": "2026-02-27", "close": 199.199997, "volume": 170975, "typical_volume": 157984.15, "trend": 240.40275, "fair_value": 278.637697, "relative_strength": -18.06597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.67029, "energy": 93.136344, "activity_lines": [ 208.61545, 216.271573, 224.100387, 231.98567 ] }, { "date": "2026-03-06", "close": 202.5, "volume": 241314, "typical_volume": 156501.4, "trend": 238.586876, "fair_value": 278.600879, "relative_strength": -16.895925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.745473, "energy": 87.291242, "activity_lines": [ 204.577977, 212.84922, 221.084733, 229.540331 ] }, { "date": "2026-03-13", "close": 209.300003, "volume": 242394, "typical_volume": 163112.4, "trend": 237.035047, "fair_value": 278.590058, "relative_strength": -14.72422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.313516, "energy": 76.00973, "activity_lines": [ 204.815988, 211.127127, 219.070928, 227.650856 ] }, { "date": "2026-03-20", "close": 207.699997, "volume": 52099, "typical_volume": 156649.7, "trend": 235.629236, "fair_value": 278.572279, "relative_strength": -15.349449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.37525, "energy": 56.632076, "activity_lines": [ 205.639999, 209.625808, 217.227507, 225.758272 ] }, { "date": "2026-03-27", "close": 205.399994, "volume": 97831, "typical_volume": 146318.65, "trend": 234.146759, "fair_value": 278.571644, "relative_strength": -17.027666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.087367, "energy": 49.990532, "activity_lines": [ 205.993331, 208.024928, 215.489923, 223.807998 ] }, { "date": "2026-04-03", "close": 216.0, "volume": 205543, "typical_volume": 147960.75, "trend": 233.154668, "fair_value": 278.611468, "relative_strength": -13.771275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.444579, "energy": 33.607508, "activity_lines": [ 209.719998, 208.718758, 214.970341, 222.637239 ] }, { "date": "2026-04-10", "close": 214.5, "volume": 110418, "typical_volume": 144782.9, "trend": 232.293238, "fair_value": 278.684561, "relative_strength": -14.521192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.030895, "energy": 27.485759, "activity_lines": [ 211.826665, 209.283084, 214.431999, 221.433713 ] }, { "date": "2026-04-17", "close": 218.0, "volume": 97017, "typical_volume": 142899.2, "trend": 231.430111, "fair_value": 278.776791, "relative_strength": -14.231994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.755134, "energy": 20.696389, "activity_lines": [ 214.299999, 210.81345, 214.328912, 220.511568 ] }, { "date": "2026-04-24", "close": 213.199997, "volume": 66110, "typical_volume": 142202.8, "trend": 229.858768, "fair_value": 278.646924, "relative_strength": -12.350016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.635208, "energy": 20.920598, "activity_lines": [ 214.593332, 211.61818, 213.829196, 219.335432 ] }, { "date": "2026-05-01", "close": 206.0, "volume": 153256, "typical_volume": 143885.35, "trend": 228.124392, "fair_value": 278.510488, "relative_strength": -15.462641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.700275, "energy": 23.251111, "activity_lines": [ 212.119999, 211.094544, 212.721182, 217.796156 ] }, { "date": "2026-05-08", "close": 212.600006, "volume": 192535, "typical_volume": 149795.5, "trend": 226.282907, "fair_value": 278.433954, "relative_strength": -11.126508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.089189, "energy": 18.808244, "activity_lines": [ 211.806668, 211.716364, 212.339698, 216.794583 ] }, { "date": "2026-05-15", "close": 214.600006, "volume": 486980, "typical_volume": 169689.1, "trend": 224.206636, "fair_value": 278.278974, "relative_strength": -9.631767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.909975, "energy": 18.578417, "activity_lines": [ 212.38667, 212.458183, 212.213844, 216.040848 ] }, { "date": "2026-05-22", "close": 221.399994, "volume": 213787, "typical_volume": 176109.1, "trend": 222.350616, "fair_value": 278.131298, "relative_strength": -6.709382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.050321, "energy": 5.580748, "activity_lines": [ 215.226667, 214.216364, 212.799485, 215.859774 ] }, { "date": "2026-05-29", "close": 221.399994, "volume": 0, "typical_volume": 172381.45, "trend": 220.533081, "fair_value": 278.007813, "relative_strength": -6.370278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.054184, "energy": 10.036844, "activity_lines": [ 217.839998, 215.754545, 213.46152, 215.798443 ] }, { "date": "2026-06-05", "close": 220.800003, "volume": 79338, "typical_volume": 172946.4, "trend": 219.587078, "fair_value": 277.834299, "relative_strength": -5.947823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.318529, "energy": 19.93801, "activity_lines": [ 219.706666, 216.934545, 214.084624, 215.815664 ] }, { "date": "2026-06-12", "close": 222.0, "volume": 90824, "typical_volume": 173784.2, "trend": 218.918389, "fair_value": 277.668477, "relative_strength": -5.603197, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.584172, "energy": 33.612927, "activity_lines": [ 220.986666, 218.052727, 214.844913, 215.971337 ] }, { "date": "2026-06-19", "close": 226.0, "volume": 103328, "typical_volume": 169892.15, "trend": 218.588278, "fair_value": 277.396346, "relative_strength": -4.354366, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.233275, "energy": 42.032775, "activity_lines": [ 222.973333, 219.789091, 215.995093, 216.428215 ] }, { "date": "2026-06-26", "close": 219.0, "volume": 74753, "typical_volume": 169225.4, "trend": 218.19801, "fair_value": 277.079344, "relative_strength": -5.46721, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.819238, "energy": 29.410401, "activity_lines": [ 221.866667, 220.043636, 216.510189, 216.454777 ] }, { "date": "2026-07-03", "close": 219.199997, "volume": 58380, "typical_volume": 157355.65, "trend": 217.856098, "fair_value": 276.620677, "relative_strength": -4.170594, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.998492, "energy": 18.823109, "activity_lines": [ 220.986666, 220.316363, 217.078095, 216.519422 ] }, { "date": "2026-07-10", "close": 220.0, "volume": 73735, "typical_volume": 140530.85, "trend": 217.637062, "fair_value": 276.277097, "relative_strength": -3.399549, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.052963, "energy": 12.202015, "activity_lines": [ 220.519999, 220.625454, 217.688571, 216.657738 ] }, { "date": "2026-07-17", "close": 217.5, "volume": 47580, "typical_volume": 134361.1, "trend": 217.344313, "fair_value": 275.872409, "relative_strength": -3.450007, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.815539, "energy": 6.633035, "activity_lines": [ 219.273333, 220.225454, 217.98, 216.648895 ] }, { "date": "2026-07-24", "close": 208.0, "volume": 107587, "typical_volume": 127674.75, "trend": 216.677172, "fair_value": 275.284769, "relative_strength": -7.941702, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.077504, "energy": 15.569488, "activity_lines": [ 215.16, 218.00909, 217.279523, 216.046036 ] }, { "date": "2026-07-31", "close": 203.199997, "volume": 222814, "typical_volume": 126695.75, "trend": 215.53575, "fair_value": 274.699348, "relative_strength": -7.983829, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.007331, "energy": 35.159957, "activity_lines": [ 210.646665, 215.039999, 216.095714, 215.176541 ] }, { "date": "2026-08-07", "close": 202.399994, "volume": 183870, "typical_volume": 133284.3, "trend": 214.774944, "fair_value": 274.072512, "relative_strength": -10.075317, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.153202, "energy": 54.523109, "activity_lines": [ 206.919997, 212.256362, 214.864761, 214.329073 ] } ], "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." } } }