{ "ticker": { "uuid": "85a801e3-6507-40e0-a10d-d9570524d9f0", "symbol": "VZ", "name": "Verizon Communications Inc.", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 52.652, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -29.845, "architecture_energy": 22.174, "architecture_maturity": 53.175, "architecture_confidence": 54.466, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 50.21, "rotation_up": 34.89, "upward_expansion": 20.46, "deceleration": 44.08, "rotation_down": 25.5, "downward_expansion": 56.79 }, "activity_lines": [ 796.0, 783.181422, 793.698934, 807.026562 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 805.0, "trend_reference": 811.452326, "distance_from_trend": -0.007952, "trend_direction": "Improving", "fair_value": 761.782068, "distance_from_fair_value": 0.056733, "fair_value_direction": "Weakening", "relative_strength": -0.51722, "relative_strength_direction": "Improving", "price_momentum": -0.005315, "excess_performance": 0.049352, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.007952, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.017916, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.056733, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021655, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005172, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.08589, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.005315, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 34.963592, "read": "Demand-led" } ], "volume": { "latest": 991, "relative_activity": 0.368196, "balance": 34.963592, "dry_up": 0.600316, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.051752, "annualized_volatility": 0.307011, "from_high_reference": -0.129554, "from_low_reference": 0.188309 }, "levels": { "trend_reference": 811.452326, "fair_value_reference": 761.782068, "structural_low": 718.964997, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": -0.006993, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.0095, "regime_survival": 0.857143, "best_return": 0.143521, "worst_return": -0.108141, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.022507, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.071858, "regime_survival": 0.75, "best_return": 0.178845, "worst_return": -0.261199, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.082594, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.078085, "regime_survival": 0.571429, "best_return": 0.226833, "worst_return": -0.262881, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.01906, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.076123, "regime_survival": 0.5, "best_return": 0.203942, "worst_return": -0.398177, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": 0.004683, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.01265, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": 0.066265, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.064712, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-06-20", "tenure": "Developing", "return": -0.086757, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": -0.046571, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-25", "end": "2025-08-29", "tenure": "Developing", "return": 0.043041, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-10-03", "tenure": "Developing", "return": -0.030526, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-10", "end": "2026-01-30", "tenure": "Established", "return": 0.048046, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": 0.137668, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": -0.083889, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-17", "end": "2026-06-19", "tenure": "Developing", "return": -0.038706, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-31", "tenure": "Developing", "return": 0.010647, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 562.416992, "volume": 105, "typical_volume": 8673.9, "trend": 649.691233, "fair_value": 962.77273, "relative_strength": -21.86547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.200687, "energy": 64.870463, "activity_lines": [ 561.129724, 571.966265, 594.187355, 617.111961 ] }, { "date": "2023-08-25", "close": 553.505371, "volume": 2316, "typical_volume": 8691.2, "trend": 643.549221, "fair_value": 958.191611, "relative_strength": -22.254261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.353213, "energy": 60.904117, "activity_lines": [ 558.324239, 566.444608, 587.878523, 610.906422 ] }, { "date": "2023-09-01", "close": 592.617004, "volume": 836, "typical_volume": 8608.25, "trend": 637.113175, "fair_value": 953.760456, "relative_strength": -15.88406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.531842, "energy": 43.281891, "activity_lines": [ 569.414107, 569.110192, 586.179005, 607.620472 ] }, { "date": "2023-09-08", "close": 592.617004, "volume": 522, "typical_volume": 8568.35, "trend": 632.192523, "fair_value": 949.518838, "relative_strength": -14.115488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.971619, "energy": 32.033941, "activity_lines": [ 578.754675, 572.115515, 584.972986, 604.749751 ] }, { "date": "2023-09-15", "close": 576.972351, "volume": 62, "typical_volume": 8304.1, "trend": 627.211591, "fair_value": 945.182601, "relative_strength": -13.706858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.455106, "energy": 25.345595, "activity_lines": [ 580.173901, 572.89486, 582.601493, 601.18716 ] }, { "date": "2023-09-22", "close": 568.724365, "volume": 956, "typical_volume": 8326.2, "trend": 622.778979, "fair_value": 940.497539, "relative_strength": -14.693971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.141897, "energy": 24.218452, "activity_lines": [ 577.873441, 572.85869, 579.978655, 597.41379 ] }, { "date": "2023-09-29", "close": 563.407104, "volume": 862, "typical_volume": 8289.0, "trend": 618.934729, "fair_value": 935.841363, "relative_strength": -13.394238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.101239, "energy": 30.659103, "activity_lines": [ 573.38007, 571.76825, 577.273548, 593.583347 ] }, { "date": "2023-10-06", "close": 569.348145, "volume": 844, "typical_volume": 8117.15, "trend": 615.709196, "fair_value": 931.393512, "relative_strength": -9.741021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.202466, "energy": 37.160485, "activity_lines": [ 570.206929, 571.812007, 575.564872, 590.384212 ] }, { "date": "2023-10-13", "close": 546.146362, "volume": 1004, "typical_volume": 8073.2, "trend": 611.282007, "fair_value": 927.175872, "relative_strength": -12.244974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.598656, "energy": 57.287403, "activity_lines": [ 560.851119, 567.583246, 571.945201, 585.896287 ] }, { "date": "2023-10-20", "close": 573.476807, "volume": 617, "typical_volume": 7379.25, "trend": 607.584652, "fair_value": 923.241723, "relative_strength": -5.328599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.700697, "energy": 43.479743, "activity_lines": [ 563.703499, 568.430453, 571.304641, 583.457242 ] }, { "date": "2023-10-27", "close": 617.590576, "volume": 7779, "typical_volume": 6528.55, "trend": 604.978902, "fair_value": 919.949447, "relative_strength": 0.862101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.011903, "energy": 5.154567, "activity_lines": [ 581.493506, 577.097258, 574.964498, 584.102786 ] }, { "date": "2023-11-03", "close": 614.616577, "volume": 17338, "typical_volume": 6509.55, "trend": 600.825173, "fair_value": 916.027015, "relative_strength": -3.815308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.271189, "energy": 21.04039, "activity_lines": [ 595.034432, 584.220179, 578.293934, 584.724571 ] }, { "date": "2023-11-10", "close": 624.529785, "volume": 2935, "typical_volume": 6645.75, "trend": 598.434438, "fair_value": 912.407527, "relative_strength": -1.93454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.254399, "energy": 43.811508, "activity_lines": [ 608.465796, 592.034389, 582.558299, 586.253901 ] }, { "date": "2023-11-17", "close": 618.879333, "volume": 503757, "typical_volume": 31668.65, "trend": 597.038399, "fair_value": 908.536426, "relative_strength": -5.041225, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.728927, "energy": 56.213937, "activity_lines": [ 616.3349, 598.241012, 586.221538, 587.572927 ] }, { "date": "2023-11-24", "close": 631.468994, "volume": 66, "typical_volume": 31304.35, "trend": 595.115712, "fair_value": 904.961484, "relative_strength": -3.176504, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.00697, "energy": 71.201608, "activity_lines": [ 623.551692, 606.259167, 591.120724, 589.794255 ] }, { "date": "2023-12-01", "close": 656.251831, "volume": 3217, "typical_volume": 31339.45, "trend": 595.064333, "fair_value": 901.501242, "relative_strength": -0.896015, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.04764, "energy": 80.767385, "activity_lines": [ 635.163285, 617.792445, 598.299846, 593.738521 ] }, { "date": "2023-12-08", "close": 669.139099, "volume": 7624, "typical_volume": 31577.65, "trend": 595.574416, "fair_value": 898.188313, "relative_strength": 0.493704, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 88.112037, "energy": 93.551826, "activity_lines": [ 648.493217, 630.077453, 606.266613, 598.517538 ] }, { "date": "2023-12-15", "close": 669.139099, "volume": 13035, "typical_volume": 31794.15, "trend": 596.809886, "fair_value": 894.907009, "relative_strength": -3.905634, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.535125, "energy": 90.456344, "activity_lines": [ 658.188314, 640.440062, 613.74404, 603.263647 ] }, { "date": "2023-12-22", "close": 629.188965, "volume": 2568, "typical_volume": 29591.5, "trend": 596.94449, "fair_value": 891.50796, "relative_strength": -9.3519, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.969362, "energy": 69.374436, "activity_lines": [ 651.592745, 641.724629, 616.927351, 605.35262 ] }, { "date": "2023-12-29", "close": 644.35614, "volume": 510, "typical_volume": 28347.65, "trend": 598.613399, "fair_value": 888.280792, "relative_strength": -6.647333, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.629889, "energy": 53.143096, "activity_lines": [ 649.365592, 644.256999, 621.187685, 608.411436 ] }, { "date": "2024-01-05", "close": 675.086914, "volume": 427, "typical_volume": 28363.75, "trend": 600.860223, "fair_value": 885.372077, "relative_strength": 0.435909, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.028287, "energy": 55.384493, "activity_lines": [ 656.522888, 651.088067, 627.984573, 613.345211 ] }, { "date": "2024-01-12", "close": 649.550476, "volume": 294, "typical_volume": 28262.65, "trend": 602.088995, "fair_value": 882.374992, "relative_strength": -1.903902, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.924189, "energy": 41.56599, "activity_lines": [ 653.912366, 652.230758, 631.812895, 616.486518 ] }, { "date": "2024-01-19", "close": 654.908752, "volume": 270, "typical_volume": 28234.35, "trend": 603.542531, "fair_value": 879.343235, "relative_strength": -0.478718, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.308386, "energy": 44.049692, "activity_lines": [ 654.393843, 653.71252, 635.694172, 619.894244 ] }, { "date": "2024-01-26", "close": 715.438232, "volume": 3198, "typical_volume": 28368.15, "trend": 606.502649, "fair_value": 876.888587, "relative_strength": 6.187577, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.336307, "energy": 72.99317, "activity_lines": [ 676.000504, 665.647297, 645.043533, 627.113321 ] }, { "date": "2024-02-02", "close": 707.906677, "volume": 554, "typical_volume": 28392.75, "trend": 609.612907, "fair_value": 874.401417, "relative_strength": 2.993591, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.008182, "energy": 76.901476, "activity_lines": [ 689.346696, 674.457083, 653.090741, 633.655517 ] }, { "date": "2024-02-09", "close": 677.731384, "volume": 735, "typical_volume": 28381.7, "trend": 613.406883, "fair_value": 871.843732, "relative_strength": 0.523913, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.155467, "energy": 66.887847, "activity_lines": [ 688.397754, 676.390677, 657.640615, 638.050257 ] }, { "date": "2024-02-16", "close": 683.68512, "volume": 511, "typical_volume": 28364.15, "trend": 617.317136, "fair_value": 868.96429, "relative_strength": 2.010309, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.23403, "energy": 68.616039, "activity_lines": [ 689.257092, 679.016231, 662.23843, 642.584337 ] }, { "date": "2024-02-23", "close": 691.573792, "volume": 356, "typical_volume": 28339.75, "trend": 621.490346, "fair_value": 866.022652, "relative_strength": 4.237661, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.062254, "energy": 50.846762, "activity_lines": [ 690.470345, 682.811616, 667.014794, 647.375089 ] }, { "date": "2024-03-01", "close": 669.793152, "volume": 966, "typical_volume": 28337.85, "trend": 625.416113, "fair_value": 862.796356, "relative_strength": 3.076006, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.789091, "energy": 34.308968, "activity_lines": [ 681.979049, 682.23898, 669.134785, 650.491399 ] }, { "date": "2024-03-08", "close": 659.870239, "volume": 319, "typical_volume": 28322.95, "trend": 628.664555, "fair_value": 859.75228, "relative_strength": 2.760921, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.292101, "energy": 25.029855, "activity_lines": [ 673.22312, 679.123921, 669.720943, 652.714246 ] }, { "date": "2024-03-15", "close": 664.831726, "volume": 1588, "typical_volume": 28013.4, "trend": 632.078379, "fair_value": 856.746312, "relative_strength": 1.362619, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.298984, "energy": 19.278619, "activity_lines": [ 669.32345, 676.628876, 670.368226, 655.047612 ] }, { "date": "2024-03-22", "close": 666.816223, "volume": 1291, "typical_volume": 27211.05, "trend": 635.855408, "fair_value": 853.469416, "relative_strength": 1.177428, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.354682, "energy": 21.546603, "activity_lines": [ 666.945255, 674.681107, 670.97955, 657.288763 ] }, { "date": "2024-03-29", "close": 691.206604, "volume": 280, "typical_volume": 27078.3, "trend": 639.141728, "fair_value": 850.361475, "relative_strength": 3.638702, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.385184, "energy": 22.269435, "activity_lines": [ 673.821781, 676.854029, 673.665199, 660.859808 ] }, { "date": "2024-04-05", "close": 702.538513, "volume": 11410, "typical_volume": 2460.95, "trend": 642.805778, "fair_value": 847.29697, "relative_strength": 4.323584, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.115277, "energy": 39.198769, "activity_lines": [ 684.500089, 680.427338, 677.112568, 664.949923 ] }, { "date": "2024-04-12", "close": 685.314819, "volume": 71, "typical_volume": 2461.2, "trend": 646.417193, "fair_value": 844.380629, "relative_strength": 4.628433, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.722175, "energy": 35.169893, "activity_lines": [ 687.254142, 681.103607, 678.521208, 667.692442 ] }, { "date": "2024-04-19", "close": 690.876648, "volume": 539, "typical_volume": 2327.3, "trend": 650.488936, "fair_value": 841.52523, "relative_strength": 6.77481, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.898833, "energy": 40.794073, "activity_lines": [ 690.165832, 683.201878, 680.203137, 670.560794 ] }, { "date": "2024-04-26", "close": 666.443726, "volume": 1038, "typical_volume": 1998.0, "trend": 653.92349, "fair_value": 838.418549, "relative_strength": -0.349549, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.373488, "energy": 27.681268, "activity_lines": [ 683.196887, 680.618794, 679.393242, 671.590135 ] }, { "date": "2024-05-03", "close": 664.457397, "volume": 351, "typical_volume": 1363.8, "trend": 657.093799, "fair_value": 835.289674, "relative_strength": 0.625792, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.322424, "energy": 7.418171, "activity_lines": [ 675.590666, 677.98804, 678.407007, 672.269742 ] }, { "date": "2024-05-10", "close": 661.477661, "volume": 101406, "typical_volume": 6305.7, "trend": 660.938175, "fair_value": 832.161249, "relative_strength": -0.764495, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.295617, "energy": 11.385685, "activity_lines": [ 668.774479, 675.308541, 677.159282, 672.552572 ] }, { "date": "2024-05-17", "close": 677.36908, "volume": 124, "typical_volume": 6286.4, "trend": 664.401251, "fair_value": 829.332721, "relative_strength": 1.837023, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.556439, "energy": 15.179944, "activity_lines": [ 669.992822, 675.669582, 677.27127, 673.61263 ] }, { "date": "2024-05-24", "close": 657.72345, "volume": 1157, "typical_volume": 6322.9, "trend": 665.739014, "fair_value": 826.378321, "relative_strength": 2.704738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.795325, "energy": 19.406693, "activity_lines": [ 665.192338, 672.14053, 675.355041, 673.181804 ] }, { "date": "2024-05-31", "close": 645.586487, "volume": 6068, "typical_volume": 6611.6, "trend": 666.771344, "fair_value": 823.279143, "relative_strength": 1.146636, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.567783, "energy": 39.934601, "activity_lines": [ 658.556413, 666.533998, 672.365593, 671.881641 ] }, { "date": "2024-06-07", "close": 744.907288, "volume": 1199, "typical_volume": 6658.05, "trend": 670.783927, "fair_value": 820.883552, "relative_strength": 20.972484, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.306499, "energy": 34.406618, "activity_lines": [ 686.417904, 679.371789, 678.854146, 676.92267 ] }, { "date": "2024-06-14", "close": 738.948059, "volume": 2892, "typical_volume": 6642.75, "trend": 674.786218, "fair_value": 818.367775, "relative_strength": 21.141315, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.487924, "energy": 67.392075, "activity_lines": [ 706.929659, 690.149707, 684.346589, 681.320356 ] }, { "date": "2024-06-21", "close": 724.049988, "volume": 285, "typical_volume": 6629.3, "trend": 677.872251, "fair_value": 815.955912, "relative_strength": 16.992721, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.448254, "energy": 69.041059, "activity_lines": [ 717.310698, 697.556894, 688.308216, 684.498663 ] }, { "date": "2024-06-28", "close": 741.341675, "volume": 453, "typical_volume": 6615.2, "trend": 680.70858, "fair_value": 813.669902, "relative_strength": 20.104048, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.023413, "energy": 76.4438, "activity_lines": [ 730.343571, 707.403748, 693.839798, 688.593465 ] }, { "date": "2024-07-05", "close": 739.941406, "volume": 120, "typical_volume": 6595.65, "trend": 683.068656, "fair_value": 811.38367, "relative_strength": 19.587136, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.425402, "energy": 76.19181, "activity_lines": [ 737.33514, 716.078461, 698.935114, 692.414938 ] }, { "date": "2024-07-12", "close": 729.948547, "volume": 158, "typical_volume": 6585.75, "trend": 685.095638, "fair_value": 808.957347, "relative_strength": 11.839092, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.447159, "energy": 66.058893, "activity_lines": [ 734.705428, 721.59997, 702.810843, 695.439447 ] }, { "date": "2024-07-19", "close": 747.54364, "volume": 99847, "typical_volume": 11529.8, "trend": 689.040794, "fair_value": 806.68199, "relative_strength": 16.616391, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.397439, "energy": 64.014541, "activity_lines": [ 738.937996, 729.129838, 708.179558, 699.46835 ] }, { "date": "2024-07-26", "close": 735.555054, "volume": 7417, "typical_volume": 11884.7, "trend": 692.080758, "fair_value": 804.361332, "relative_strength": 15.936724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.657832, "energy": 45.122163, "activity_lines": [ 738.601331, 732.915128, 712.036262, 702.46927 ] }, { "date": "2024-08-02", "close": 745.55542, "volume": 272, "typical_volume": 11818.9, "trend": 694.429708, "fair_value": 802.176084, "relative_strength": 18.046465, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.625616, "energy": 44.474526, "activity_lines": [ 740.831116, 737.460739, 716.484978, 705.919248 ] }, { "date": "2024-08-09", "close": 759.721008, "volume": 966, "typical_volume": 11802.65, "trend": 698.102059, "fair_value": 800.041888, "relative_strength": 17.750931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.382771, "energy": 48.052736, "activity_lines": [ 747.501847, 742.984966, 721.898399, 710.13159 ] }, { "date": "2024-08-16", "close": 742.374512, "volume": 446, "typical_volume": 11810.95, "trend": 701.017584, "fair_value": 797.660828, "relative_strength": 12.306258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.762822, "energy": 39.124639, "activity_lines": [ 747.071773, 743.280113, 725.21737, 712.987878 ] }, { "date": "2024-08-23", "close": 777.365845, "volume": 2770, "typical_volume": 11378.95, "trend": 703.081838, "fair_value": 795.683908, "relative_strength": 18.136065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.507285, "energy": 48.367526, "activity_lines": [ 757.477079, 749.98337, 731.625191, 717.913572 ] }, { "date": "2024-08-30", "close": 800.229492, "volume": 401, "typical_volume": 11395.45, "trend": 706.159265, "fair_value": 793.847241, "relative_strength": 22.178992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.487813, "energy": 62.234753, "activity_lines": [ 773.515454, 760.145148, 739.854182, 724.181162 ] }, { "date": "2024-09-06", "close": 824.087341, "volume": 896, "typical_volume": 11413.3, "trend": 711.037797, "fair_value": 792.303973, "relative_strength": 29.355388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.193487, "energy": 81.254312, "activity_lines": [ 793.194816, 773.259636, 749.808137, 731.789425 ] }, { "date": "2024-09-13", "close": 842.97467, "volume": 195354, "typical_volume": 21129.1, "trend": 716.347449, "fair_value": 790.833692, "relative_strength": 28.957374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.898465, "energy": 87.553144, "activity_lines": [ 813.934493, 788.303716, 760.926548, 740.301482 ] }, { "date": "2024-09-20", "close": 849.933228, "volume": 137, "typical_volume": 21118.4, "trend": 721.626097, "fair_value": 789.46708, "relative_strength": 28.550658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.869067, "energy": 91.33021, "activity_lines": [ 831.443445, 802.739657, 771.867055, 748.919919 ] }, { "date": "2024-09-27", "close": 880.858826, "volume": 1541, "typical_volume": 16125.15, "trend": 728.661619, "fair_value": 788.039996, "relative_strength": 30.631027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.772186, "energy": 94.178836, "activity_lines": [ 852.090348, 820.616895, 784.869639, 759.192998 ] }, { "date": "2024-10-04", "close": 844.96283, "volume": 56, "typical_volume": 16121.75, "trend": 734.831372, "fair_value": 786.477991, "relative_strength": 24.844591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.231324, "energy": 83.088291, "activity_lines": [ 853.872388, 829.543675, 793.408885, 766.696302 ] }, { "date": "2024-10-11", "close": 822.346985, "volume": 1550, "typical_volume": 16141.4, "trend": 740.081881, "fair_value": 785.012702, "relative_strength": 21.160377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.843989, "energy": 57.670973, "activity_lines": [ 845.13359, 832.369251, 798.996175, 772.342471 ] }, { "date": "2024-10-18", "close": 869.471558, "volume": 303, "typical_volume": 15853.15, "trend": 746.837059, "fair_value": 783.843181, "relative_strength": 25.734029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.448064, "energy": 58.307413, "activity_lines": [ 852.219007, 842.36672, 808.287598, 780.690192 ] }, { "date": "2024-10-25", "close": 824.7146, "volume": 12388, "typical_volume": 16412.6, "trend": 751.287325, "fair_value": 782.260483, "relative_strength": 21.530477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.344519, "energy": 42.700478, "activity_lines": [ 842.618978, 842.231097, 812.250335, 785.714549 ] }, { "date": "2024-11-01", "close": 842.611389, "volume": 1425, "typical_volume": 16339.25, "trend": 755.956421, "fair_value": 780.874586, "relative_strength": 26.155729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.941796, "energy": 34.590494, "activity_lines": [ 840.665788, 843.852343, 817.537492, 791.606425 ] }, { "date": "2024-11-08", "close": 811.781982, "volume": 3859, "typical_volume": 16517.95, "trend": 760.171993, "fair_value": 779.303691, "relative_strength": 18.075559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.48574, "energy": 28.724932, "activity_lines": [ 830.985958, 838.681959, 819.394881, 795.208074 ] }, { "date": "2024-11-15", "close": 844.650818, "volume": 5037, "typical_volume": 16747.15, "trend": 765.297799, "fair_value": 778.057142, "relative_strength": 25.298855, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.311848, "energy": 24.912937, "activity_lines": [ 834.474463, 839.277682, 823.964864, 800.65832 ] }, { "date": "2024-11-22", "close": 870.45636, "volume": 526, "typical_volume": 16767.45, "trend": 772.09822, "fair_value": 776.502483, "relative_strength": 28.243216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.011966, "energy": 37.347824, "activity_lines": [ 845.077893, 844.191441, 830.500569, 807.442744 ] }, { "date": "2024-11-29", "close": 902.797913, "volume": 4601, "typical_volume": 16989.6, "trend": 780.042904, "fair_value": 775.376122, "relative_strength": 33.521662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.663281, "energy": 47.192026, "activity_lines": [ 866.396187, 854.485814, 839.494922, 815.874982 ] }, { "date": "2024-12-06", "close": 855.544067, "volume": 7052, "typical_volume": 12349.85, "trend": 786.511784, "fair_value": 774.23097, "relative_strength": 21.994068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.709003, "energy": 45.702735, "activity_lines": [ 866.757646, 855.227404, 843.165816, 820.746025 ] }, { "date": "2024-12-13", "close": 845.595947, "volume": 247, "typical_volume": 11991.35, "trend": 792.119346, "fair_value": 772.712674, "relative_strength": 19.159314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.44147, "energy": 43.270584, "activity_lines": [ 862.940885, 854.620512, 845.374983, 824.557906 ] }, { "date": "2024-12-20", "close": 800.829041, "volume": 1296, "typical_volume": 12042.55, "trend": 796.889533, "fair_value": 770.951607, "relative_strength": 16.635021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.987943, "energy": 16.410724, "activity_lines": [ 841.947559, 845.862672, 842.796631, 825.119822 ] }, { "date": "2024-12-27", "close": 799.834229, "volume": 249, "typical_volume": 12006.7, "trend": 802.031124, "fair_value": 769.367262, "relative_strength": 16.380891, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.537716, "energy": 11.62182, "activity_lines": [ 823.54408, 837.315192, 839.860327, 825.309802 ] }, { "date": "2025-01-03", "close": 833.160645, "volume": 799, "typical_volume": 12024.35, "trend": 804.972903, "fair_value": 767.742488, "relative_strength": 21.218841, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.919863, "energy": 17.006728, "activity_lines": [ 820.957548, 836.093194, 839.906952, 827.318159 ] }, { "date": "2025-01-10", "close": 777.194519, "volume": 568, "typical_volume": 11914.25, "trend": 806.247784, "fair_value": 765.806971, "relative_strength": 11.011648, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.114831, "energy": 31.849563, "activity_lines": [ 804.358126, 824.541972, 834.191155, 825.526005 ] }, { "date": "2025-01-17", "close": 803.579712, "volume": 3210, "typical_volume": 12054.7, "trend": 808.898775, "fair_value": 764.094225, "relative_strength": 13.328507, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.077811, "energy": 35.387014, "activity_lines": [ 801.777071, 818.977456, 830.989049, 825.353871 ] }, { "date": "2025-01-24", "close": 802.006531, "volume": 125499, "typical_volume": 18284.85, "trend": 810.920937, "fair_value": 762.343028, "relative_strength": 9.537236, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.995967, "energy": 34.69756, "activity_lines": [ 801.472705, 813.276039, 827.621163, 824.90921 ] }, { "date": "2025-01-31", "close": 812.152283, "volume": 45963, "typical_volume": 10815.3, "trend": 813.327966, "fair_value": 760.600012, "relative_strength": 10.69033, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.183211, "energy": 25.315884, "activity_lines": [ 804.471757, 810.194655, 825.324686, 824.988652 ] }, { "date": "2025-02-07", "close": 826.400208, "volume": 16630, "typical_volume": 11639.95, "trend": 816.543022, "fair_value": 758.979916, "relative_strength": 8.645085, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.510649, "energy": 9.413646, "activity_lines": [ 811.398914, 810.763876, 824.531928, 825.832022 ] }, { "date": "2025-02-14", "close": 831.378601, "volume": 13158, "typical_volume": 12220.8, "trend": 819.33752, "fair_value": 757.423318, "relative_strength": 6.269076, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.069627, "energy": 5.423321, "activity_lines": [ 820.436231, 813.62731, 824.325364, 826.789156 ] }, { "date": "2025-02-21", "close": 876.183411, "volume": 94053, "typical_volume": 16920.65, "trend": 824.025132, "fair_value": 756.071803, "relative_strength": 12.092315, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.805848, "energy": 32.109807, "activity_lines": [ 840.796212, 825.076444, 828.621545, 830.456633 ] }, { "date": "2025-02-28", "close": 881.161743, "volume": 42946, "typical_volume": 18990.45, "trend": 828.545343, "fair_value": 754.429385, "relative_strength": 15.046405, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.576439, "energy": 53.992259, "activity_lines": [ 857.975391, 836.874594, 833.243183, 834.142866 ] }, { "date": "2025-03-07", "close": 923.477417, "volume": 26610, "typical_volume": 20305.8, "trend": 834.00389, "fair_value": 753.519707, "relative_strength": 18.547384, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.373191, "energy": 81.089752, "activity_lines": [ 883.98278, 854.905908, 841.614815, 840.267516 ] }, { "date": "2025-03-14", "close": 869.70166, "volume": 5979, "typical_volume": 19985.35, "trend": 838.248128, "fair_value": 752.418887, "relative_strength": 11.708343, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.214068, "energy": 67.985429, "activity_lines": [ 884.643241, 860.911754, 844.607776, 842.570598 ] }, { "date": "2025-03-21", "close": 872.021545, "volume": 1991, "typical_volume": 20013.65, "trend": 841.403318, "fair_value": 751.533452, "relative_strength": 10.919392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.363361, "energy": 67.648957, "activity_lines": [ 883.190234, 866.675016, 847.607454, 844.749528 ] }, { "date": "2025-03-28", "close": 918.996887, "volume": 85653, "typical_volume": 24103.35, "trend": 845.362232, "fair_value": 750.829109, "relative_strength": 15.018418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.897012, "energy": 65.378357, "activity_lines": [ 894.686145, 879.25512, 854.940926, 849.755565 ] }, { "date": "2025-04-04", "close": 879.17041, "volume": 73689, "typical_volume": 27535.95, "trend": 847.198334, "fair_value": 749.688531, "relative_strength": 12.990595, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.347191, "energy": 37.632048, "activity_lines": [ 890.052331, 882.495553, 857.970853, 851.936738 ] }, { "date": "2025-04-11", "close": 863.717163, "volume": 634, "typical_volume": 27541.35, "trend": 847.88975, "fair_value": 748.455213, "relative_strength": 10.252212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.613549, "energy": 28.800632, "activity_lines": [ 880.400191, 881.523325, 859.364664, 853.002469 ] }, { "date": "2025-04-18", "close": 878.863098, "volume": 288, "typical_volume": 27325.7, "trend": 848.854079, "fair_value": 747.388581, "relative_strength": 8.393217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.450534, "energy": 27.231835, "activity_lines": [ 879.780713, 882.36736, 862.233035, 855.000749 ] }, { "date": "2025-04-25", "close": 809.112061, "volume": 299, "typical_volume": 26988.05, "trend": 846.46252, "fair_value": 746.601634, "relative_strength": -7.042217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.409931, "energy": 12.921187, "activity_lines": [ 855.300126, 869.575518, 858.572426, 852.436748 ] }, { "date": "2025-05-02", "close": 861.923584, "volume": 1024, "typical_volume": 27026.9, "trend": 847.027879, "fair_value": 745.995382, "relative_strength": 0.157807, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.309358, "energy": 19.324067, "activity_lines": [ 852.617346, 866.790617, 860.162591, 853.434236 ] }, { "date": "2025-05-09", "close": 854.948425, "volume": 3869, "typical_volume": 27155.55, "trend": 848.114594, "fair_value": 745.375898, "relative_strength": -2.396564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.973292, "energy": 17.461954, "activity_lines": [ 851.4144, 862.996775, 861.010704, 853.945239 ] }, { "date": "2025-05-16", "close": 818.946899, "volume": 4334, "typical_volume": 27359.8, "trend": 846.430438, "fair_value": 744.456102, "relative_strength": -9.088151, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.165046, "energy": 22.914044, "activity_lines": [ 839.825744, 853.133807, 858.172389, 852.063452 ] }, { "date": "2025-05-23", "close": 829.040955, "volume": 3196, "typical_volume": 27479.65, "trend": 846.57465, "fair_value": 743.417698, "relative_strength": -8.896543, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.804004, "energy": 21.804654, "activity_lines": [ 834.586458, 847.006676, 856.2044, 850.94155 ] }, { "date": "2025-05-30", "close": 850.713562, "volume": 389, "typical_volume": 27470.7, "trend": 846.844723, "fair_value": 742.65046, "relative_strength": -5.945026, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -11.298488, "energy": 15.33313, "activity_lines": [ 839.892851, 845.559305, 856.320086, 851.208577 ] }, { "date": "2025-06-06", "close": 837.012451, "volume": 1277, "typical_volume": 27374.05, "trend": 847.685738, "fair_value": 741.599501, "relative_strength": -7.850261, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.248269, "energy": 21.281138, "activity_lines": [ 837.858773, 842.008241, 854.780814, 850.574236 ] }, { "date": "2025-06-13", "close": 814.094238, "volume": 1219, "typical_volume": 21160.05, "trend": 846.667186, "fair_value": 740.509532, "relative_strength": -9.404146, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.611662, "energy": 27.25889, "activity_lines": [ 829.846033, 835.780855, 850.899651, 848.407043 ] }, { "date": "2025-06-20", "close": 802.615173, "volume": 236, "typical_volume": 18873.7, "trend": 844.405813, "fair_value": 739.254449, "relative_strength": -8.879574, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.540556, "energy": 32.482123, "activity_lines": [ 820.73055, 828.649569, 845.867684, 845.564978 ] }, { "date": "2025-06-27", "close": 799.147644, "volume": 150, "typical_volume": 18049.7, "trend": 840.950804, "fair_value": 737.796859, "relative_strength": -11.031344, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.53611, "energy": 55.767088, "activity_lines": [ 811.548006, 821.998769, 840.550891, 842.645096 ] }, { "date": "2025-07-04", "close": 832.219543, "volume": 31267, "typical_volume": 18955.15, "trend": 840.17332, "fair_value": 736.585263, "relative_strength": -8.310545, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.867866, "energy": 47.22503, "activity_lines": [ 815.382316, 822.810414, 838.513576, 842.081789 ] }, { "date": "2025-07-11", "close": 774.107422, "volume": 3325, "typical_volume": 14418.75, "trend": 837.790369, "fair_value": 734.940241, "relative_strength": -12.669557, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.026717, "energy": 59.310185, "activity_lines": [ 801.078853, 812.636082, 830.937769, 837.819473 ] }, { "date": "2025-07-18", "close": 761.930481, "volume": 632, "typical_volume": 12303.05, "trend": 836.49375, "fair_value": 734.067428, "relative_strength": -13.513148, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.128399, "energy": 75.3819, "activity_lines": [ 786.910079, 801.844418, 822.68833, 832.925286 ] }, { "date": "2025-07-25", "close": 785.945251, "volume": 18482, "typical_volume": 11896.65, "trend": 836.030784, "fair_value": 733.160072, "relative_strength": -12.397738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.969527, "energy": 67.865694, "activity_lines": [ 784.223812, 797.110311, 817.29378, 829.664093 ] }, { "date": "2025-08-01", "close": 796.865601, "volume": 515, "typical_volume": 11623.45, "trend": 834.820949, "fair_value": 732.512403, "relative_strength": -10.490841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.555109, "energy": 70.760191, "activity_lines": [ 786.288989, 794.961753, 813.594177, 827.137307 ] }, { "date": "2025-08-08", "close": 800.046936, "volume": 137, "typical_volume": 11530.75, "trend": 835.582696, "fair_value": 731.976904, "relative_strength": -11.885454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.03185, "energy": 50.516699, "activity_lines": [ 789.566748, 793.976626, 810.544398, 824.893822 ] }, { "date": "2025-08-15", "close": 829.746277, "volume": 50510, "typical_volume": 9773.6, "trend": 836.454915, "fair_value": 731.634948, "relative_strength": -9.062721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.013806, "energy": 20.585174, "activity_lines": [ 804.889128, 799.31259, 810.665864, 824.517279 ] }, { "date": "2025-08-22", "close": 822.765259, "volume": 31046, "typical_volume": 7641.45, "trend": 837.146873, "fair_value": 731.43799, "relative_strength": -11.135729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.080452, "energy": 22.683797, "activity_lines": [ 814.175244, 803.51139, 810.547473, 823.634075 ] }, { "date": "2025-08-29", "close": 819.773376, "volume": 681, "typical_volume": 7643.8, "trend": 837.400909, "fair_value": 731.455372, "relative_strength": -10.552099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.361289, "energy": 24.158399, "activity_lines": [ 818.408415, 807.008557, 810.412737, 822.513205 ] }, { "date": "2025-09-05", "close": 826.554932, "volume": 299, "typical_volume": 7644.35, "trend": 837.406067, "fair_value": 731.552149, "relative_strength": -12.186207, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.530198, "energy": 19.282714, "activity_lines": [ 822.646895, 811.426767, 811.13312, 821.813464 ] }, { "date": "2025-09-12", "close": 807.287292, "volume": 451, "typical_volume": 7651.95, "trend": 836.603023, "fair_value": 731.464761, "relative_strength": -15.736804, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.473606, "energy": 16.015041, "activity_lines": [ 818.483541, 811.843455, 810.267576, 819.870317 ] }, { "date": "2025-09-19", "close": 799.428589, "volume": 113, "typical_volume": 7606.4, "trend": 834.044529, "fair_value": 731.578667, "relative_strength": -15.402633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.451658, "energy": 17.944926, "activity_lines": [ 811.217928, 811.284601, 808.662274, 817.471967 ] }, { "date": "2025-09-26", "close": 800.82489, "volume": 84, "typical_volume": 7417.15, "trend": 831.366634, "fair_value": 731.850604, "relative_strength": -16.360564, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.717369, "energy": 23.694595, "activity_lines": [ 806.438928, 810.519236, 807.487548, 815.328764 ] }, { "date": "2025-10-03", "close": 801.323486, "volume": 369, "typical_volume": 7218.9, "trend": 827.294836, "fair_value": 732.308678, "relative_strength": -15.54171, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.902694, "energy": 28.537294, "activity_lines": [ 803.288818, 809.137353, 806.618038, 813.390497 ] }, { "date": "2025-10-10", "close": 738.842468, "volume": 4332, "typical_volume": 7275.7, "trend": 822.932863, "fair_value": 732.351609, "relative_strength": -19.95559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.502413, "energy": 77.302803, "activity_lines": [ 780.541695, 796.115681, 799.881876, 807.683892 ] }, { "date": "2025-10-17", "close": 743.663879, "volume": 784, "typical_volume": 7295.45, "trend": 818.654274, "fair_value": 732.655929, "relative_strength": -20.529978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.684576, "energy": 84.416406, "activity_lines": [ 765.249206, 785.025596, 794.034413, 802.569764 ] }, { "date": "2025-10-24", "close": 711.90094, "volume": 3734, "typical_volume": 7418.3, "trend": 811.751076, "fair_value": 732.516094, "relative_strength": -22.759911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.62689, "energy": 93.898731, "activity_lines": [ 743.610632, 769.185577, 785.671668, 795.682452 ] }, { "date": "2025-10-31", "close": 737.484924, "volume": 2603, "typical_volume": 7487.5, "trend": 807.028227, "fair_value": 732.651037, "relative_strength": -21.563988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.319858, "energy": 85.090306, "activity_lines": [ 736.335229, 760.139834, 780.341262, 790.891088 ] }, { "date": "2025-11-07", "close": 738.672852, "volume": 1235, "typical_volume": 7537.45, "trend": 802.860083, "fair_value": 732.638507, "relative_strength": -21.788146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.421674, "energy": 81.234565, "activity_lines": [ 733.678467, 752.860629, 775.488799, 786.481063 ] }, { "date": "2025-11-14", "close": 751.649536, "volume": 13264, "typical_volume": 8193.15, "trend": 798.619631, "fair_value": 732.645986, "relative_strength": -18.585312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.665971, "energy": 59.20518, "activity_lines": [ 739.523975, 749.415376, 772.176697, 783.177157 ] }, { "date": "2025-11-21", "close": 764.626221, "volume": 4817, "typical_volume": 6870.65, "trend": 797.13677, "fair_value": 732.723861, "relative_strength": -16.04112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.284707, "energy": 42.056888, "activity_lines": [ 748.84124, 749.691437, 770.326652, 780.984034 ] }, { "date": "2025-11-28", "close": 748.155762, "volume": 21184, "typical_volume": 7763.6, "trend": 793.344509, "fair_value": 732.930371, "relative_strength": -19.401037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.508072, "energy": 30.890604, "activity_lines": [ 751.270862, 747.748525, 767.229864, 777.823969 ] }, { "date": "2025-12-05", "close": 758.636963, "volume": 714, "typical_volume": 7767.7, "trend": 790.134127, "fair_value": 733.079998, "relative_strength": -17.480083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.377496, "energy": 22.784925, "activity_lines": [ 754.77723, 748.643519, 765.254866, 775.584772 ] }, { "date": "2025-12-12", "close": 725.696167, "volume": 887, "typical_volume": 6887.95, "trend": 787.025769, "fair_value": 733.130509, "relative_strength": -22.156897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.094771, "energy": 33.986328, "activity_lines": [ 745.893197, 744.316331, 760.158332, 771.427485 ] }, { "date": "2025-12-19", "close": 718.708679, "volume": 20808, "typical_volume": 7902.6, "trend": 783.348026, "fair_value": 732.863399, "relative_strength": -21.493391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.400303, "energy": 45.81333, "activity_lines": [ 735.545113, 740.093732, 754.683224, 767.019931 ] }, { "date": "2025-12-26", "close": 720.954712, "volume": 5640, "typical_volume": 8177.75, "trend": 779.022731, "fair_value": 732.661328, "relative_strength": -22.706485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.26037, "energy": 52.957594, "activity_lines": [ 728.141764, 736.645572, 749.794199, 762.994555 ] }, { "date": "2026-01-02", "close": 724.697937, "volume": 4657, "typical_volume": 5885.1, "trend": 775.278914, "fair_value": 732.179405, "relative_strength": -19.874087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.347921, "energy": 62.626547, "activity_lines": [ 724.897591, 734.290892, 745.638302, 759.48973 ] }, { "date": "2026-01-09", "close": 729.688965, "volume": 1525, "typical_volume": 4409.05, "trend": 772.465405, "fair_value": 731.883723, "relative_strength": -21.171352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.986141, "energy": 64.102861, "activity_lines": [ 724.880949, 732.611, 742.45797, 756.548443 ] }, { "date": "2026-01-16", "close": 689.413208, "volume": 2092, "typical_volume": 4479.6, "trend": 768.692006, "fair_value": 731.488244, "relative_strength": -26.128384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.523287, "energy": 74.277627, "activity_lines": [ 713.368921, 723.749987, 735.885073, 751.190237 ] }, { "date": "2026-01-23", "close": 685.416626, "volume": 1616, "typical_volume": 4545.45, "trend": 764.900972, "fair_value": 731.152673, "relative_strength": -27.130701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.196055, "energy": 84.098663, "activity_lines": [ 702.943563, 715.057952, 729.552312, 745.817631 ] }, { "date": "2026-01-30", "close": 774.340942, "volume": 22544, "typical_volume": 5650.1, "trend": 762.971686, "fair_value": 731.079869, "relative_strength": -16.437605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.971926, "energy": 26.0004, "activity_lines": [ 724.379114, 723.73821, 732.36062, 746.426662 ] }, { "date": "2026-02-06", "close": 809.301208, "volume": 5937, "typical_volume": 5941.3, "trend": 764.144812, "fair_value": 731.522591, "relative_strength": -16.128634, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 3.574135, "energy": 12.235751, "activity_lines": [ 753.909004, 738.598249, 738.655365, 749.415663 ] }, { "date": "2026-02-13", "close": 841.283997, "volume": 5163, "typical_volume": 6195.25, "trend": 766.789929, "fair_value": 732.259025, "relative_strength": -13.188901, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.608994, "energy": 48.767803, "activity_lines": [ 788.459607, 758.161604, 747.949077, 754.392385 ] }, { "date": "2026-02-20", "close": 838.386414, "volume": 4654, "typical_volume": 6409.5, "trend": 768.537968, "fair_value": 733.135202, "relative_strength": -12.872131, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.146167, "energy": 55.254399, "activity_lines": [ 814.604679, 775.695453, 756.774167, 759.011513 ] }, { "date": "2026-02-27", "close": 861.246948, "volume": 255, "typical_volume": 6205.65, "trend": 770.684013, "fair_value": 734.305153, "relative_strength": -9.842733, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.198552, "energy": 83.706462, "activity_lines": [ 838.438383, 795.33685, 767.59996, 764.992737 ] }, { "date": "2026-03-06", "close": 908.22699, "volume": 101360, "typical_volume": 11234.45, "trend": 774.290015, "fair_value": 735.857159, "relative_strength": 1.436261, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 65.356502, "energy": 87.403958, "activity_lines": [ 866.210079, 820.928467, 782.317164, 773.866478 ] }, { "date": "2026-03-13", "close": 920.71637, "volume": 559, "typical_volume": 11075.7, "trend": 777.322351, "fair_value": 737.406866, "relative_strength": 5.828059, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.737869, "energy": 95.61325, "activity_lines": [ 889.219165, 845.38593, 797.4402, 783.313339 ] }, { "date": "2026-03-20", "close": 873.256775, "volume": 773, "typical_volume": 10984.2, "trend": 779.005402, "fair_value": 738.617502, "relative_strength": 3.182619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.107321, "energy": 87.281355, "activity_lines": [ 888.980709, 857.650404, 807.048914, 789.502657 ] }, { "date": "2026-03-27", "close": 900.123901, "volume": 359, "typical_volume": 10940.4, "trend": 781.683752, "fair_value": 739.927508, "relative_strength": 2.856203, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.475045, "energy": 76.415851, "activity_lines": [ 895.566443, 872.189486, 818.56987, 797.316754 ] }, { "date": "2026-04-03", "close": 878.252502, "volume": 49, "typical_volume": 10279.65, "trend": 783.407005, "fair_value": 740.818688, "relative_strength": -3.350361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.023279, "energy": 62.903237, "activity_lines": [ 890.745878, 878.920847, 827.239021, 803.546996 ] }, { "date": "2026-04-10", "close": 800.0, "volume": 1936, "typical_volume": 10135.6, "trend": 783.164095, "fair_value": 741.48374, "relative_strength": -11.669236, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.900933, "energy": 34.703143, "activity_lines": [ 858.707442, 867.918374, 827.852682, 804.617512 ] }, { "date": "2026-04-17", "close": 805.960022, "volume": 4294, "typical_volume": 9291.1, "trend": 783.381809, "fair_value": 742.414506, "relative_strength": -10.086538, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.473358, "energy": 25.335043, "activity_lines": [ 835.870813, 857.533012, 828.865517, 806.088217 ] }, { "date": "2026-04-24", "close": 808.0, "volume": 424, "typical_volume": 9276.6, "trend": 783.62098, "fair_value": 743.176368, "relative_strength": -8.729103, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.868571, "energy": 28.998698, "activity_lines": [ 821.3646, 847.579305, 829.797377, 807.676487 ] }, { "date": "2026-05-01", "close": 836.0, "volume": 2052, "typical_volume": 9334.85, "trend": 784.776864, "fair_value": 744.318719, "relative_strength": -3.201571, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.698169, "energy": 30.438166, "activity_lines": [ 820.542171, 843.32167, 833.160842, 811.055779 ] }, { "date": "2026-05-08", "close": 803.700012, "volume": 265, "typical_volume": 8307.7, "trend": 786.938782, "fair_value": 745.279382, "relative_strength": -9.106267, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.014934, "energy": 21.317015, "activity_lines": [ 813.228007, 833.234699, 832.922861, 812.276627 ] }, { "date": "2026-05-15", "close": 810.0, "volume": 22129, "typical_volume": 9132.15, "trend": 789.149986, "fair_value": 746.419927, "relative_strength": -5.544783, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.176034, "energy": 15.421589, "activity_lines": [ 812.984005, 825.339489, 832.880159, 813.764447 ] }, { "date": "2026-05-22", "close": 840.01001, "volume": 276, "typical_volume": 8913.1, "trend": 793.420288, "fair_value": 747.797229, "relative_strength": -2.273847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.3836, "energy": 11.758044, "activity_lines": [ 822.076672, 824.686589, 835.271527, 817.045739 ] }, { "date": "2026-05-29", "close": 849.98999, "volume": 500, "typical_volume": 8861.85, "trend": 797.170457, "fair_value": 749.436339, "relative_strength": -1.129479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.337717, "energy": 19.313239, "activity_lines": [ 832.226001, 827.315619, 838.064265, 820.695397 ] }, { "date": "2026-06-05", "close": 784.596388, "volume": 133, "typical_volume": 8763.9, "trend": 798.701242, "fair_value": 750.570404, "relative_strength": -4.988236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.49373, "energy": 6.506278, "activity_lines": [ 817.778129, 818.477937, 834.056179, 819.884167 ] }, { "date": "2026-06-12", "close": 811.092065, "volume": 710, "typical_volume": 8718.6, "trend": 800.682659, "fair_value": 751.842229, "relative_strength": -4.069809, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.320471, "energy": 6.627693, "activity_lines": [ 815.589058, 816.55815, 832.118237, 820.683575 ] }, { "date": "2026-06-19", "close": 774.764313, "volume": 0, "typical_volume": 7591.4, "trend": 801.020596, "fair_value": 752.89006, "relative_strength": -7.626271, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.107878, "energy": 34.962003, "activity_lines": [ 800.797932, 809.254416, 826.122054, 819.011424 ] }, { "date": "2026-06-26", "close": 793.550779, "volume": 0, "typical_volume": 7294.55, "trend": 802.533763, "fair_value": 753.960035, "relative_strength": -4.397073, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.102489, "energy": 42.324525, "activity_lines": [ 794.618007, 805.825234, 821.913043, 818.5295 ] }, { "date": "2026-07-03", "close": 720.44033, "volume": 0, "typical_volume": 7036.4, "trend": 801.260542, "fair_value": 754.638506, "relative_strength": -12.498703, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.963353, "energy": 68.353257, "activity_lines": [ 767.165215, 789.328866, 810.816134, 813.23315 ] }, { "date": "2026-07-10", "close": 740.0, "volume": 14240, "typical_volume": 7515.7, "trend": 801.737336, "fair_value": 755.767274, "relative_strength": -8.996782, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.977601, "energy": 72.464657, "activity_lines": [ 754.868957, 777.980795, 802.157497, 809.280857 ] }, { "date": "2026-07-17", "close": 768.5, "volume": 3982, "typical_volume": 7702.05, "trend": 803.397047, "fair_value": 757.062931, "relative_strength": -5.38927, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.320362, "energy": 63.904266, "activity_lines": [ 755.045791, 773.559997, 796.681653, 807.136512 ] }, { "date": "2026-07-24", "close": 810.0, "volume": 387, "typical_volume": 2653.4, "trend": 806.365223, "fair_value": 758.624614, "relative_strength": 0.335675, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.794115, "energy": 37.294294, "activity_lines": [ 771.895429, 777.324654, 795.599841, 807.562509 ] }, { "date": "2026-07-31", "close": 802.0, "volume": 1103, "typical_volume": 2680.6, "trend": 808.941958, "fair_value": 760.227049, "relative_strength": -1.160892, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -38.798957, "energy": 22.667567, "activity_lines": [ 783.729355, 779.634765, 794.223872, 807.280882 ] }, { "date": "2026-08-07", "close": 805.0, "volume": 991, "typical_volume": 2691.5, "trend": 811.452326, "fair_value": 761.782068, "relative_strength": -0.51722, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.845387, "energy": 22.174312, "activity_lines": [ 796.0, 783.181422, 793.698934, 807.026562 ] } ], "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." } } }