{ "ticker": { "uuid": "87e0683e-7c93-4f7f-a96f-feb262ec27b4", "symbol": "HLT", "name": "Hilton Worldwide Holdings Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 71.566, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 0.387, "architecture_energy": 15.326, "architecture_maturity": 18.502, "architecture_confidence": 80.963, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 62.36, "rotation_up": 14.73, "upward_expansion": 40.92, "deceleration": 85.86, "rotation_down": 42.29, "downward_expansion": 34.92 }, "activity_lines": [ 321.532667, 327.742727, 328.804976, 324.618583 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 317.6, "trend_reference": 318.719842, "distance_from_trend": -0.003514, "trend_direction": "Improving", "fair_value": 242.925681, "distance_from_fair_value": 0.307396, "fair_value_direction": "Weakening", "relative_strength": -5.366198, "relative_strength_direction": "Weakening", "price_momentum": 0.011201, "excess_performance": -0.114424, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.003514, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.054905, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.307396, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.084538, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.053662, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.052923, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.011201, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.698776, "read": "Supply-led" } ], "volume": { "latest": 9685839, "relative_activity": 1.066055, "balance": 0.698776, "dry_up": 1.228462, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.051625, "annualized_volatility": 0.204614, "from_high_reference": -0.112849, "from_low_reference": 0.254536 }, "levels": { "trend_reference": 318.719842, "fair_value_reference": 242.925681, "structural_low": 289.384807, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.027998, "positive_rate": 0.733333, "directional_follow_through": 0.733333, "median_excess_return": 0.024052, "regime_survival": 0.6, "best_return": 0.14522, "worst_return": -0.179543, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.113264, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.074892, "regime_survival": 0.0, "best_return": 0.27091, "worst_return": 0.033806, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.182993, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.124488, "regime_survival": 0.25, "best_return": 0.212878, "worst_return": -0.07192, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.189429, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.020183, "regime_survival": 0.0, "best_return": 0.623237, "worst_return": -0.113757, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-28", "tenure": "Developing", "return": -0.150561, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.017046, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.163792, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": 0.116205, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.018153, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": -0.004649, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": -0.038744, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-11-28", "tenure": "Developing", "return": 0.103532, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-13", "tenure": "Established", "return": 0.071406, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.105441, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-05-22", "tenure": "Developing", "return": -0.058059, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-29", "end": "2026-06-05", "tenure": "New", "return": 0.047122, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-07-24", "tenure": "Developing", "return": -0.060645, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.009017, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 149.612206, "volume": 7358899, "typical_volume": 8266056.3, "trend": 143.409461, "fair_value": 128.747043, "relative_strength": 0.391905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.699729, "energy": 54.151543, "activity_lines": [ 151.304768, 149.476014, 146.198611, 144.649039 ] }, { "date": "2023-08-25", "close": 146.010707, "volume": 6314874, "typical_volume": 8308521.7, "trend": 143.500653, "fair_value": 129.102768, "relative_strength": -2.834358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.748164, "energy": 32.826517, "activity_lines": [ 149.508995, 149.279918, 146.34952, 144.816861 ] }, { "date": "2023-09-01", "close": 149.963384, "volume": 7413321, "typical_volume": 8289098.0, "trend": 143.653965, "fair_value": 129.488828, "relative_strength": -2.71655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.647371, "energy": 27.804589, "activity_lines": [ 149.339667, 149.687767, 146.845297, 145.233811 ] }, { "date": "2023-09-08", "close": 153.061965, "volume": 7126012, "typical_volume": 8301853.2, "trend": 143.899012, "fair_value": 129.917332, "relative_strength": 0.514524, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.621447, "energy": 28.789006, "activity_lines": [ 150.402685, 150.40566, 147.603145, 145.840779 ] }, { "date": "2023-09-15", "close": 153.349975, "volume": 10574525, "typical_volume": 8207922.55, "trend": 144.181052, "fair_value": 130.333324, "relative_strength": 0.803444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.102575, "energy": 34.842342, "activity_lines": [ 151.3681, 151.018493, 148.358144, 146.450519 ] }, { "date": "2023-09-22", "close": 146.576794, "volume": 7552226, "typical_volume": 8169965.45, "trend": 144.288473, "fair_value": 130.729366, "relative_strength": -0.846922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.429558, "energy": 25.085943, "activity_lines": [ 150.093816, 150.287143, 148.417551, 146.605083 ] }, { "date": "2023-09-29", "close": 149.149013, "volume": 10164557, "typical_volume": 8350409.0, "trend": 144.384522, "fair_value": 131.129055, "relative_strength": 1.532248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.855192, "energy": 22.701537, "activity_lines": [ 149.879299, 150.024183, 148.706442, 146.918666 ] }, { "date": "2023-10-06", "close": 150.350707, "volume": 7832465, "typical_volume": 8395282.0, "trend": 144.752876, "fair_value": 131.514877, "relative_strength": 1.780156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.268718, "energy": 19.547636, "activity_lines": [ 149.856126, 150.006894, 149.067741, 147.303581 ] }, { "date": "2023-10-13", "close": 148.950386, "volume": 7428359, "typical_volume": 8358703.05, "trend": 145.207032, "fair_value": 131.903552, "relative_strength": 0.369507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.16301, "energy": 15.799495, "activity_lines": [ 149.340357, 149.782364, 149.260884, 147.574388 ] }, { "date": "2023-10-20", "close": 146.556931, "volume": 9508706, "typical_volume": 8428693.15, "trend": 145.737009, "fair_value": 132.244561, "relative_strength": 1.198344, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.149126, "energy": 8.293902, "activity_lines": [ 148.300876, 149.144615, 149.169184, 147.661478 ] }, { "date": "2023-10-27", "close": 148.145947, "volume": 10266411, "typical_volume": 8623550.4, "trend": 146.0213, "fair_value": 132.638769, "relative_strength": 4.83716, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.115016, "energy": 9.124811, "activity_lines": [ 148.243936, 148.924204, 149.205572, 147.816894 ] }, { "date": "2023-11-03", "close": 155.733499, "volume": 7346677, "typical_volume": 8528301.2, "trend": 146.566438, "fair_value": 133.049798, "relative_strength": 4.054202, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.131807, "energy": 26.988497, "activity_lines": [ 150.61157, 150.110007, 149.927771, 148.443487 ] }, { "date": "2023-11-10", "close": 160.689242, "volume": 6871026, "typical_volume": 8402951.5, "trend": 147.155191, "fair_value": 133.410616, "relative_strength": 5.865199, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.229477, "energy": 56.430152, "activity_lines": [ 154.192153, 152.020076, 151.0456, 149.354636 ] }, { "date": "2023-11-17", "close": 167.284657, "volume": 7247144, "typical_volume": 8326011.7, "trend": 147.841225, "fair_value": 133.839267, "relative_strength": 7.620815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.622531, "energy": 79.293927, "activity_lines": [ 159.281972, 154.934297, 152.674139, 150.653311 ] }, { "date": "2023-11-24", "close": 168.805517, "volume": 4492832, "typical_volume": 8230843.2, "trend": 148.710102, "fair_value": 134.260905, "relative_strength": 7.373018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.30775, "energy": 86.404277, "activity_lines": [ 163.656459, 157.866442, 154.338564, 152.005846 ] }, { "date": "2023-12-01", "close": 169.819423, "volume": 8195338, "typical_volume": 8133074.75, "trend": 149.593284, "fair_value": 134.648305, "relative_strength": 7.002745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.255156, "energy": 88.156236, "activity_lines": [ 166.885676, 160.701925, 155.996438, 153.367738 ] }, { "date": "2023-12-08", "close": 170.306496, "volume": 7792224, "typical_volume": 8131506.35, "trend": 150.592804, "fair_value": 135.077477, "relative_strength": 6.942564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.858313, "energy": 87.619463, "activity_lines": [ 168.832352, 163.203373, 157.590208, 154.704074 ] }, { "date": "2023-12-15", "close": 176.17125, "volume": 12341647, "typical_volume": 8009955.85, "trend": 151.697034, "fair_value": 135.545066, "relative_strength": 7.844653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.463328, "energy": 90.081646, "activity_lines": [ 171.762413, 166.386458, 159.648895, 156.354296 ] }, { "date": "2023-12-22", "close": 180.425682, "volume": 6485650, "typical_volume": 7954713.4, "trend": 153.144479, "fair_value": 136.025505, "relative_strength": 9.146098, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.393699, "energy": 90.869649, "activity_lines": [ 175.078484, 169.873612, 162.002215, 158.207758 ] }, { "date": "2023-12-29", "close": 181.002217, "volume": 4221391, "typical_volume": 7826714.2, "trend": 154.455379, "fair_value": 136.481996, "relative_strength": 8.820662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.675991, "energy": 89.794351, "activity_lines": [ 177.710665, 172.893313, 164.266311, 160.005031 ] }, { "date": "2024-01-05", "close": 179.421716, "volume": 5625565, "typical_volume": 7740047.5, "trend": 155.755596, "fair_value": 136.910012, "relative_strength": 9.297425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.685729, "energy": 85.04985, "activity_lines": [ 179.002899, 174.999371, 166.249493, 161.615762 ] }, { "date": "2024-01-12", "close": 181.071799, "volume": 6681249, "typical_volume": 7758366.25, "trend": 157.134626, "fair_value": 137.384978, "relative_strength": 8.070752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.42462, "energy": 85.289507, "activity_lines": [ 180.205008, 176.836795, 168.247877, 163.249066 ] }, { "date": "2024-01-19", "close": 186.260615, "volume": 5708674, "typical_volume": 7673133.9, "trend": 158.808978, "fair_value": 137.915028, "relative_strength": 9.639645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.028419, "energy": 86.28487, "activity_lines": [ 182.419036, 179.156943, 170.573475, 165.128162 ] }, { "date": "2024-01-26", "close": 191.479252, "volume": 7533602, "typical_volume": 7693513.4, "trend": 160.378168, "fair_value": 138.501113, "relative_strength": 11.351513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.483198, "energy": 86.870224, "activity_lines": [ 185.699984, 181.961, 173.223243, 167.235921 ] }, { "date": "2024-02-02", "close": 193.845035, "volume": 7783160, "typical_volume": 7553945.15, "trend": 161.934611, "fair_value": 139.037337, "relative_strength": 10.937957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.870068, "energy": 92.384587, "activity_lines": [ 189.032623, 184.755298, 175.915384, 169.395074 ] }, { "date": "2024-02-09", "close": 191.01206, "volume": 8378309, "typical_volume": 7595249.3, "trend": 163.41448, "fair_value": 139.552428, "relative_strength": 7.713913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.354245, "energy": 86.074508, "activity_lines": [ 190.564748, 186.579246, 178.144884, 171.271039 ] }, { "date": "2024-02-16", "close": 196.389741, "volume": 8894619, "typical_volume": 7531752.4, "trend": 164.939338, "fair_value": 140.071818, "relative_strength": 10.928485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.771623, "energy": 86.911824, "activity_lines": [ 193.116745, 188.995633, 180.674948, 173.398475 ] }, { "date": "2024-02-23", "close": 203.468747, "volume": 5978615, "typical_volume": 7439059.9, "trend": 166.623107, "fair_value": 140.593763, "relative_strength": 12.834828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.835956, "energy": 86.956772, "activity_lines": [ 197.007213, 192.224871, 183.654246, 175.884243 ] }, { "date": "2024-03-01", "close": 203.806966, "volume": 7849040, "typical_volume": 7460093.95, "trend": 168.41141, "fair_value": 141.123, "relative_strength": 11.739038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.99286, "energy": 81.860036, "activity_lines": [ 199.863213, 195.019286, 186.412814, 178.283202 ] }, { "date": "2024-03-08", "close": 204.632619, "volume": 5892075, "typical_volume": 7279262.4, "trend": 170.111818, "fair_value": 141.637097, "relative_strength": 12.236753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.293759, "energy": 83.387627, "activity_lines": [ 202.172583, 197.538705, 188.988793, 180.620054 ] }, { "date": "2024-03-15", "close": 203.588118, "volume": 7681498, "typical_volume": 7150016.75, "trend": 171.911015, "fair_value": 142.155316, "relative_strength": 11.444822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.319099, "energy": 79.390531, "activity_lines": [ 203.414613, 199.438571, 191.188744, 182.779815 ] }, { "date": "2024-03-22", "close": 210.193342, "volume": 7236564, "typical_volume": 7144511.1, "trend": 174.050437, "fair_value": 142.736561, "relative_strength": 12.137169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.891193, "energy": 79.944433, "activity_lines": [ 206.019981, 202.099997, 193.753755, 185.249643 ] }, { "date": "2024-03-29", "close": 212.192815, "volume": 5131822, "typical_volume": 7057550.9, "trend": 176.124751, "fair_value": 143.32727, "relative_strength": 12.442597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.097553, "energy": 72.804029, "activity_lines": [ 208.3716, 204.595482, 196.249859, 187.710441 ] }, { "date": "2024-04-05", "close": 210.5813, "volume": 5972851, "typical_volume": 6993836.25, "trend": 178.042062, "fair_value": 143.89057, "relative_strength": 12.224828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.774213, "energy": 68.738008, "activity_lines": [ 209.604443, 206.326469, 198.34723, 189.933444 ] }, { "date": "2024-04-12", "close": 204.025814, "volume": 6090146, "typical_volume": 7073701.95, "trend": 179.731257, "fair_value": 144.388443, "relative_strength": 10.066393, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.756695, "energy": 65.008235, "activity_lines": [ 208.200501, 206.51824, 199.614094, 191.609816 ] }, { "date": "2024-04-19", "close": 193.451487, "volume": 8027006, "typical_volume": 7065285.35, "trend": 181.293746, "fair_value": 144.822643, "relative_strength": 7.500097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.462895, "energy": 44.194675, "activity_lines": [ 203.312238, 204.602301, 199.706165, 192.494992 ] }, { "date": "2024-04-26", "close": 201.061421, "volume": 10839781, "typical_volume": 7217663.2, "trend": 183.02416, "fair_value": 145.297402, "relative_strength": 8.576804, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.37533, "energy": 28.584471, "activity_lines": [ 201.636394, 204.025633, 200.410457, 193.770326 ] }, { "date": "2024-05-03", "close": 196.505408, "volume": 7993491, "typical_volume": 7000255.4, "trend": 184.56265, "fair_value": 145.776228, "relative_strength": 5.310123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.925184, "energy": 26.437833, "activity_lines": [ 199.050674, 202.535659, 200.534391, 194.640083 ] }, { "date": "2024-05-10", "close": 206.990206, "volume": 6705336, "typical_volume": 7011239.7, "trend": 186.497311, "fair_value": 146.321189, "relative_strength": 8.600251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.619506, "energy": 26.364619, "activity_lines": [ 201.005714, 203.078619, 201.560048, 196.087023 ] }, { "date": "2024-05-17", "close": 203.268634, "volume": 8532139, "typical_volume": 7226777.1, "trend": 188.387701, "fair_value": 146.85893, "relative_strength": 4.70843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.251223, "energy": 23.098504, "activity_lines": [ 201.959636, 202.887052, 202.104772, 197.169043 ] }, { "date": "2024-05-24", "close": 202.322921, "volume": 9254588, "typical_volume": 7408228.25, "trend": 190.1936, "fair_value": 147.363472, "relative_strength": 3.944041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.093502, "energy": 26.290196, "activity_lines": [ 202.6488, 202.548337, 202.453397, 198.06809 ] }, { "date": "2024-05-31", "close": 199.694833, "volume": 8079511, "typical_volume": 7478141.35, "trend": 191.658978, "fair_value": 147.854457, "relative_strength": 2.76669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.475462, "energy": 22.974549, "activity_lines": [ 201.870505, 201.754791, 202.442675, 198.681073 ] }, { "date": "2024-06-07", "close": 201.267704, "volume": 8195659, "typical_volume": 7602490.6, "trend": 193.011593, "fair_value": 148.331108, "relative_strength": 2.045807, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.332201, "energy": 17.175563, "activity_lines": [ 201.707606, 201.438103, 202.493069, 199.30099 ] }, { "date": "2024-06-14", "close": 209.370974, "volume": 6998234, "typical_volume": 7575722.2, "trend": 194.41447, "fair_value": 148.890634, "relative_strength": 4.089994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.791531, "energy": 25.891678, "activity_lines": [ 203.928311, 202.793376, 203.243741, 200.356434 ] }, { "date": "2024-06-21", "close": 214.905885, "volume": 7720459, "typical_volume": 7572587.15, "trend": 195.951149, "fair_value": 149.480833, "relative_strength": 5.742211, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.470602, "energy": 44.143185, "activity_lines": [ 207.835268, 205.177003, 204.436348, 201.678461 ] }, { "date": "2024-06-28", "close": 217.215417, "volume": 10085677, "typical_volume": 7657955.55, "trend": 197.531016, "fair_value": 150.071099, "relative_strength": 6.557882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.833263, "energy": 64.623101, "activity_lines": [ 211.736253, 207.782725, 205.748621, 203.050349 ] }, { "date": "2024-07-05", "close": 213.442518, "volume": 4501467, "typical_volume": 7438297.95, "trend": 198.968883, "fair_value": 150.641987, "relative_strength": 2.505348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.802995, "energy": 65.67982, "activity_lines": [ 213.386771, 209.270393, 206.576793, 204.076898 ] }, { "date": "2024-07-12", "close": 219.724046, "volume": 7930225, "typical_volume": 7535878.45, "trend": 200.420643, "fair_value": 151.292991, "relative_strength": 4.185982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.380207, "energy": 72.85729, "activity_lines": [ 216.21462, 211.675047, 207.922001, 205.415941 ] }, { "date": "2024-07-19", "close": 218.20095, "volume": 8075093, "typical_volume": 7547181.1, "trend": 201.679819, "fair_value": 151.899379, "relative_strength": 5.216526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.1684, "energy": 68.014838, "activity_lines": [ 217.304347, 213.380617, 209.044747, 206.563057 ] }, { "date": "2024-07-26", "close": 214.637104, "volume": 7104185, "typical_volume": 7607786.6, "trend": 202.800982, "fair_value": 152.443766, "relative_strength": 4.072798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.574357, "energy": 50.806999, "activity_lines": [ 216.617461, 214.234384, 209.759536, 207.399011 ] }, { "date": "2024-08-02", "close": 204.03516, "volume": 10645113, "typical_volume": 7755967.35, "trend": 203.62143, "fair_value": 152.950492, "relative_strength": 0.859052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.05802, "energy": 23.406012, "activity_lines": [ 212.414512, 212.953825, 209.416975, 207.478636 ] }, { "date": "2024-08-09", "close": 205.389023, "volume": 11432100, "typical_volume": 7965744.15, "trend": 204.432004, "fair_value": 153.494045, "relative_strength": 1.327421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.955671, "energy": 15.331111, "activity_lines": [ 209.541534, 211.888291, 209.201225, 207.592674 ] }, { "date": "2024-08-16", "close": 211.501317, "volume": 9053999, "typical_volume": 8161853.0, "trend": 205.273361, "fair_value": 154.079562, "relative_strength": 0.157511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.35191, "energy": 18.621572, "activity_lines": [ 209.242888, 211.830552, 209.590476, 208.048759 ] }, { "date": "2024-08-23", "close": 216.259749, "volume": 5099970, "typical_volume": 8118208.95, "trend": 206.099377, "fair_value": 154.658957, "relative_strength": 0.741187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.085842, "energy": 20.710029, "activity_lines": [ 211.078567, 212.451918, 210.436204, 208.757558 ] }, { "date": "2024-08-30", "close": 218.799996, "volume": 6646166, "typical_volume": 8146009.95, "trend": 206.931209, "fair_value": 155.282974, "relative_strength": 1.383282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.582806, "energy": 28.182965, "activity_lines": [ 213.890409, 213.409896, 211.49682, 209.576953 ] }, { "date": "2024-09-06", "close": 212.285008, "volume": 5376530, "typical_volume": 8013486.15, "trend": 207.640307, "fair_value": 155.837903, "relative_strength": 2.380877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.104176, "energy": 28.7734, "activity_lines": [ 214.253062, 213.112529, 211.866608, 209.922359 ] }, { "date": "2024-09-13", "close": 215.990781, "volume": 9021764, "typical_volume": 7922585.3, "trend": 208.293675, "fair_value": 156.392486, "relative_strength": -0.019225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.505785, "energy": 37.386041, "activity_lines": [ 215.300983, 213.578582, 212.499643, 210.461099 ] }, { "date": "2024-09-20", "close": 223.780874, "volume": 9963182, "typical_volume": 8021069.85, "trend": 208.970746, "fair_value": 156.969995, "relative_strength": 1.888323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.441185, "energy": 54.168796, "activity_lines": [ 218.238817, 215.414684, 213.803499, 211.460273 ] }, { "date": "2024-09-27", "close": 233.4637, "volume": 5997377, "typical_volume": 7985671.9, "trend": 209.959304, "fair_value": 157.592685, "relative_strength": 5.41009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.625627, "energy": 69.44599, "activity_lines": [ 223.585623, 218.937539, 215.899646, 213.040464 ] }, { "date": "2024-10-04", "close": 232.826148, "volume": 7456869, "typical_volume": 7931908.4, "trend": 210.899088, "fair_value": 158.190034, "relative_strength": 4.577603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.774661, "energy": 75.231551, "activity_lines": [ 227.572982, 222.066971, 217.80901, 214.515744 ] }, { "date": "2024-10-11", "close": 237.219282, "volume": 5800451, "typical_volume": 7759201.55, "trend": 212.020127, "fair_value": 158.796504, "relative_strength": 5.028608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.958293, "energy": 81.785372, "activity_lines": [ 232.089642, 225.664445, 219.996017, 216.213821 ] }, { "date": "2024-10-18", "close": 237.896681, "volume": 5751999, "typical_volume": 7642825.95, "trend": 212.943572, "fair_value": 159.425407, "relative_strength": 4.14694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.552194, "energy": 84.180502, "activity_lines": [ 235.169817, 228.781735, 222.081366, 217.883276 ] }, { "date": "2024-10-25", "close": 235.207007, "volume": 8240016, "typical_volume": 7645043.8, "trend": 213.710712, "fair_value": 160.022584, "relative_strength": 3.749202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.92032, "energy": 78.755619, "activity_lines": [ 235.89304, 230.818945, 223.728641, 219.319627 ] }, { "date": "2024-11-01", "close": 235.565631, "volume": 7055256, "typical_volume": 7647894.9, "trend": 214.543523, "fair_value": 160.572151, "relative_strength": 5.108052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.641258, "energy": 77.340553, "activity_lines": [ 235.974063, 232.490346, 225.248455, 220.729622 ] }, { "date": "2024-11-08", "close": 246.702873, "volume": 8911619, "typical_volume": 7707452.9, "trend": 215.966091, "fair_value": 161.246055, "relative_strength": 4.861579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.155436, "energy": 80.750192, "activity_lines": [ 239.62737, 235.835685, 227.704223, 222.804418 ] }, { "date": "2024-11-15", "close": 247.609393, "volume": 6968823, "typical_volume": 7551610.2, "trend": 217.771355, "fair_value": 161.920077, "relative_strength": 7.237764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.952676, "energy": 77.2637, "activity_lines": [ 242.657736, 238.83852, 230.094911, 224.845922 ] }, { "date": "2024-11-22", "close": 252.1846, "volume": 5197818, "typical_volume": 7586427.75, "trend": 219.475461, "fair_value": 162.675044, "relative_strength": 7.179848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.156955, "energy": 85.274945, "activity_lines": [ 246.520497, 242.03095, 232.776601, 227.066131 ] }, { "date": "2024-11-29", "close": 252.623182, "volume": 5490345, "typical_volume": 7464433.75, "trend": 221.346053, "fair_value": 163.416819, "relative_strength": 5.883283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.455086, "energy": 84.907667, "activity_lines": [ 249.576924, 244.645052, 235.315574, 229.204694 ] }, { "date": "2024-12-06", "close": 257.627003, "volume": 6871501, "typical_volume": 7404254.15, "trend": 223.033946, "fair_value": 164.143924, "relative_strength": 6.793129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.17323, "energy": 86.32124, "activity_lines": [ 253.140213, 247.644534, 238.174438, 231.5454 ] }, { "date": "2024-12-13", "close": 251.945373, "volume": 6888736, "typical_volume": 7393481.7, "trend": 224.656504, "fair_value": 164.867437, "relative_strength": 4.866798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.92756, "energy": 74.01635, "activity_lines": [ 253.338868, 249.17166, 240.304452, 233.410654 ] }, { "date": "2024-12-20", "close": 248.616138, "volume": 8481298, "typical_volume": 7285290.95, "trend": 226.199612, "fair_value": 165.482507, "relative_strength": 5.24042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.902745, "energy": 58.697036, "activity_lines": [ 252.078277, 249.745849, 241.939738, 234.956436 ] }, { "date": "2024-12-27", "close": 249.134462, "volume": 3441938, "typical_volume": 6885782.85, "trend": 227.847599, "fair_value": 166.092803, "relative_strength": 4.609472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.019073, "energy": 53.363292, "activity_lines": [ 250.923345, 250.207062, 243.412097, 236.436104 ] }, { "date": "2025-01-03", "close": 245.725484, "volume": 3971866, "typical_volume": 6631676.2, "trend": 229.329525, "fair_value": 166.706485, "relative_strength": 3.578302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.073627, "energy": 38.196632, "activity_lines": [ 248.835429, 249.844138, 244.351481, 237.589516 ] }, { "date": "2025-01-10", "close": 239.914274, "volume": 5014901, "typical_volume": 6627422.75, "trend": 230.347635, "fair_value": 167.308344, "relative_strength": 2.984067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.039682, "energy": 24.221749, "activity_lines": [ 245.270289, 248.233385, 244.574443, 238.272403 ] }, { "date": "2025-01-17", "close": 245.815194, "volume": 7686022, "typical_volume": 6679415.55, "trend": 231.377946, "fair_value": 167.984212, "relative_strength": 2.39973, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.752799, "energy": 21.871866, "activity_lines": [ 244.852972, 247.616461, 245.246757, 239.27031 ] }, { "date": "2025-01-24", "close": 246.931585, "volume": 5642187, "typical_volume": 6692698.4, "trend": 232.368485, "fair_value": 168.660089, "relative_strength": 1.066841, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.215746, "energy": 20.632848, "activity_lines": [ 245.216464, 247.218656, 245.896751, 240.273771 ] }, { "date": "2025-01-31", "close": 255.244705, "volume": 7105124, "typical_volume": 6596866.4, "trend": 233.761891, "fair_value": 169.375907, "relative_strength": 5.400844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.026052, "energy": 32.983474, "activity_lines": [ 248.463299, 248.344652, 247.173486, 241.749656 ] }, { "date": "2025-02-07", "close": 268.820809, "volume": 9858454, "typical_volume": 6591630.0, "trend": 235.39845, "fair_value": 170.153261, "relative_strength": 10.875274, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.261583, "energy": 57.290199, "activity_lines": [ 255.828152, 251.883392, 249.55626, 244.011522 ] }, { "date": "2025-02-14", "close": 265.013121, "volume": 8525985, "typical_volume": 6718060.4, "trend": 236.958855, "fair_value": 170.900639, "relative_strength": 7.517068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.163821, "energy": 74.600592, "activity_lines": [ 260.384088, 254.435322, 251.361922, 245.922146 ] }, { "date": "2025-02-21", "close": 258.8032, "volume": 6251884, "typical_volume": 6657811.15, "trend": 238.431058, "fair_value": 171.606566, "relative_strength": 6.576025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.951161, "energy": 70.298643, "activity_lines": [ 261.196794, 255.723883, 252.425927, 247.331458 ] }, { "date": "2025-02-28", "close": 264.258722, "volume": 6682686, "typical_volume": 6701922.9, "trend": 240.438511, "fair_value": 172.429695, "relative_strength": 9.657432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.108772, "energy": 71.332988, "activity_lines": [ 262.96214, 257.87967, 253.885805, 248.997759 ] }, { "date": "2025-03-07", "close": 246.485887, "volume": 8278209, "typical_volume": 6828233.4, "trend": 241.808406, "fair_value": 173.112962, "relative_strength": 5.410514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.441105, "energy": 32.128864, "activity_lines": [ 257.648065, 256.519621, 253.524273, 249.387912 ] }, { "date": "2025-03-14", "close": 228.762919, "volume": 18064549, "typical_volume": 7319460.05, "trend": 242.383793, "fair_value": 173.619238, "relative_strength": 0.094525, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -0.289149, "energy": 10.896087, "activity_lines": [ 247.010255, 251.98537, 251.433939, 248.546268 ] }, { "date": "2025-03-21", "close": 228.723025, "volume": 11428520, "typical_volume": 7538123.25, "trend": 242.799235, "fair_value": 174.127093, "relative_strength": -0.416503, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -32.194183, "energy": 34.082296, "activity_lines": [ 239.029674, 247.752276, 249.370491, 247.664928 ] }, { "date": "2025-03-28", "close": 225.112606, "volume": 9883539, "typical_volume": 7586719.25, "trend": 243.009656, "fair_value": 174.616801, "relative_strength": -0.494154, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -35.787205, "energy": 42.987183, "activity_lines": [ 232.264959, 243.06622, 246.995777, 246.523855 ] }, { "date": "2025-04-04", "close": 208.29723, "volume": 16636947, "typical_volume": 8070125.45, "trend": 242.87673, "fair_value": 175.031801, "relative_strength": 1.249048, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.96714, "energy": 73.52891, "activity_lines": [ 222.141158, 235.699233, 243.12241, 244.284344 ] }, { "date": "2025-04-11", "close": 211.847808, "volume": 22794044, "typical_volume": 8949936.75, "trend": 242.738631, "fair_value": 175.405673, "relative_strength": -2.517002, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.224569, "energy": 81.093092, "activity_lines": [ 216.93165, 229.680248, 239.774394, 242.282478 ] }, { "date": "2025-04-18", "close": 209.892995, "volume": 9923258, "typical_volume": 9171582.4, "trend": 242.275701, "fair_value": 175.781121, "relative_strength": -2.049209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.539795, "energy": 81.086637, "activity_lines": [ 213.379742, 224.094878, 236.432286, 240.163405 ] }, { "date": "2025-04-25", "close": 219.038725, "volume": 9762896, "typical_volume": 9316152.15, "trend": 241.794869, "fair_value": 176.202923, "relative_strength": -2.266121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.622382, "energy": 68.099577, "activity_lines": [ 214.134406, 221.243782, 234.164676, 238.664245 ] }, { "date": "2025-05-02", "close": 240.262402, "volume": 15100672, "typical_volume": 9726748.95, "trend": 242.042744, "fair_value": 176.835479, "relative_strength": 3.984097, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.317213, "energy": 37.152849, "activity_lines": [ 222.609249, 223.087435, 234.102122, 238.565376 ] }, { "date": "2025-05-09", "close": 242.366818, "volume": 8559110, "typical_volume": 9730639.55, "trend": 242.214328, "fair_value": 177.525107, "relative_strength": 5.210643, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.637615, "energy": 17.74773, "activity_lines": [ 230.775578, 225.650814, 234.295623, 238.586284 ] }, { "date": "2025-05-16", "close": 255.093045, "volume": 10374266, "typical_volume": 10077255.95, "trend": 242.787541, "fair_value": 178.336229, "relative_strength": 4.970029, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.697039, "energy": 19.436175, "activity_lines": [ 240.912677, 230.926088, 235.730903, 239.417169 ] }, { "date": "2025-05-23", "close": 244.271762, "volume": 7286876, "typical_volume": 10243006.45, "trend": 243.089699, "fair_value": 179.001291, "relative_strength": 2.967763, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 3.269417, "energy": 23.222762, "activity_lines": [ 244.559665, 234.077361, 236.107211, 239.512925 ] }, { "date": "2025-05-30", "close": 247.934292, "volume": 7488882, "typical_volume": 10366705.5, "trend": 243.501988, "fair_value": 179.690338, "relative_strength": 2.509771, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.328424, "energy": 27.792375, "activity_lines": [ 247.135579, 237.61257, 236.839254, 239.82548 ] }, { "date": "2025-06-06", "close": 252.295397, "volume": 7543582, "typical_volume": 10359583.5, "trend": 243.688405, "fair_value": 180.500427, "relative_strength": 2.426194, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.517679, "energy": 31.193388, "activity_lines": [ 249.238823, 241.591412, 237.94845, 240.392796 ] }, { "date": "2025-06-13", "close": 243.383574, "volume": 8072799, "typical_volume": 10481114.1, "trend": 243.547545, "fair_value": 181.324248, "relative_strength": -0.916607, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.278582, "energy": 24.033656, "activity_lines": [ 247.56926, 243.45569, 238.178042, 240.37313 ] }, { "date": "2025-06-20", "close": 248.353437, "volume": 8172500, "typical_volume": 10534482.9, "trend": 243.419839, "fair_value": 182.177205, "relative_strength": 1.182911, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.784077, "energy": 21.04805, "activity_lines": [ 247.488535, 245.585645, 238.897851, 240.683188 ] }, { "date": "2025-06-27", "close": 264.959566, "volume": 16243119, "typical_volume": 10853716.15, "trend": 243.831052, "fair_value": 183.160167, "relative_strength": 4.196838, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.098154, "energy": 39.766027, "activity_lines": [ 253.392492, 250.071158, 241.23201, 242.072847 ] }, { "date": "2025-07-04", "close": 272.863444, "volume": 7439641, "typical_volume": 10799398.95, "trend": 244.338933, "fair_value": 184.202661, "relative_strength": 5.28654, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.1883, "energy": 59.793012, "activity_lines": [ 260.551889, 254.992529, 244.337307, 243.945905 ] }, { "date": "2025-07-11", "close": 276.745526, "volume": 7119930, "typical_volume": 10842801.25, "trend": 245.165605, "fair_value": 185.239961, "relative_strength": 6.848314, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.110318, "energy": 82.711495, "activity_lines": [ 267.34337, 259.641102, 247.774944, 246.036653 ] }, { "date": "2025-07-18", "close": 272.124951, "volume": 9136239, "typical_volume": 10965478.9, "trend": 245.949232, "fair_value": 186.219209, "relative_strength": 4.250744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.331074, "energy": 80.673209, "activity_lines": [ 270.964651, 262.786242, 250.687086, 247.775965 ] }, { "date": "2025-07-25", "close": 273.092976, "volume": 12930603, "typical_volume": 11198098.6, "trend": 246.747849, "fair_value": 187.158816, "relative_strength": 2.917805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.821812, "energy": 81.197888, "activity_lines": [ 272.992514, 265.566328, 253.653962, 249.527175 ] }, { "date": "2025-08-01", "close": 260.309051, "volume": 9402698, "typical_volume": 10765006.05, "trend": 247.233968, "fair_value": 188.002227, "relative_strength": 0.382886, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.062664, "energy": 66.821459, "activity_lines": [ 269.109767, 265.694793, 255.276622, 250.402091 ] }, { "date": "2025-08-08", "close": 261.76608, "volume": 6936009, "typical_volume": 10540380.5, "trend": 247.962362, "fair_value": 188.809892, "relative_strength": -1.598301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.645228, "energy": 42.464645, "activity_lines": [ 266.022731, 265.796586, 256.887827, 251.339647 ] }, { "date": "2025-08-15", "close": 267.185027, "volume": 7459047, "typical_volume": 10419155.9, "trend": 248.674689, "fair_value": 189.664705, "relative_strength": -0.670844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.197282, "energy": 34.381633, "activity_lines": [ 265.481834, 266.632154, 258.857774, 252.579819 ] }, { "date": "2025-08-22", "close": 276.935139, "volume": 7333280, "typical_volume": 9953972.55, "trend": 249.674808, "fair_value": 190.608902, "relative_strength": 2.468605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.650388, "energy": 40.424771, "activity_lines": [ 268.828341, 268.96975, 261.555958, 254.403073 ] }, { "date": "2025-08-29", "close": 275.647765, "volume": 6740760, "typical_volume": 9151308.35, "trend": 250.35491, "fair_value": 191.567669, "relative_strength": 1.872733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.04092, "energy": 48.45436, "activity_lines": [ 271.425045, 270.463249, 263.804688, 256.078748 ] }, { "date": "2025-09-05", "close": 271.89338, "volume": 6673980, "typical_volume": 8988844.45, "trend": 250.457329, "fair_value": 192.448992, "relative_strength": 0.042731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.731004, "energy": 51.990776, "activity_lines": [ 272.599967, 270.777872, 265.392048, 257.468327 ] }, { "date": "2025-09-12", "close": 274.319751, "volume": 5202002, "typical_volume": 8760799.75, "trend": 250.76755, "fair_value": 193.378263, "relative_strength": -0.75403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.731957, "energy": 57.439899, "activity_lines": [ 273.811392, 271.407584, 266.915251, 259.007838 ] }, { "date": "2025-09-19", "close": 268.20889, "volume": 10490913, "typical_volume": 8530311.8, "trend": 251.081073, "fair_value": 194.347413, "relative_strength": -4.17314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.486039, "energy": 40.106806, "activity_lines": [ 272.148951, 270.899753, 267.593224, 260.133086 ] }, { "date": "2025-09-26", "close": 261.359134, "volume": 9666545, "typical_volume": 8585683.55, "trend": 250.98442, "fair_value": 195.258138, "relative_strength": -6.275829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.802833, "energy": 24.316433, "activity_lines": [ 268.135001, 269.301722, 267.485762, 260.796186 ] }, { "date": "2025-10-03", "close": 258.044092, "volume": 9791094, "typical_volume": 8556524.95, "trend": 251.369694, "fair_value": 196.142858, "relative_strength": -8.379138, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.071673, "energy": 17.76907, "activity_lines": [ 264.054437, 267.296699, 266.972141, 261.251649 ] }, { "date": "2025-10-10", "close": 259.142449, "volume": 10022579, "typical_volume": 8693310.1, "trend": 252.382345, "fair_value": 197.026948, "relative_strength": -5.632888, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.553462, "energy": 17.317116, "activity_lines": [ 261.51357, 265.764993, 266.549073, 261.753117 ] }, { "date": "2025-10-17", "close": 259.881344, "volume": 7820442, "typical_volume": 8709888.1, "trend": 253.420955, "fair_value": 197.860939, "relative_strength": -6.895167, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.573608, "energy": 19.496431, "activity_lines": [ 260.069063, 264.388843, 266.125563, 262.236923 ] }, { "date": "2025-10-24", "close": 267.370145, "volume": 10525355, "typical_volume": 8858976.75, "trend": 254.82954, "fair_value": 198.721318, "relative_strength": -5.960806, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.908803, "energy": 14.330369, "activity_lines": [ 262.083384, 264.408561, 266.358382, 263.136871 ] }, { "date": "2025-10-31", "close": 256.576287, "volume": 8967056, "typical_volume": 8903689.6, "trend": 256.438842, "fair_value": 199.541856, "relative_strength": -10.223622, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.058305, "energy": 10.253101, "activity_lines": [ 260.555669, 262.462393, 265.49143, 263.249565 ] }, { "date": "2025-11-07", "close": 272.911857, "volume": 8660322, "typical_volume": 8928080.7, "trend": 258.47431, "fair_value": 200.398757, "relative_strength": -2.881915, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.252233, "energy": 17.028788, "activity_lines": [ 264.792, 263.85649, 266.117424, 264.31234 ] }, { "date": "2025-11-14", "close": 269.267307, "volume": 7185991, "typical_volume": 8475224.3, "trend": 260.453454, "fair_value": 201.239403, "relative_strength": -4.196534, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.313769, "energy": 20.433935, "activity_lines": [ 266.822297, 264.637686, 266.279373, 265.008662 ] }, { "date": "2025-11-21", "close": 274.219901, "volume": 7489080, "typical_volume": 8477696.25, "trend": 262.292826, "fair_value": 202.119793, "relative_strength": -0.467428, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.157517, "energy": 26.997513, "activity_lines": [ 269.828468, 266.367099, 266.892484, 265.89682 ] }, { "date": "2025-11-28", "close": 284.759903, "volume": 7088543, "typical_volume": 8476126.9, "trend": 263.776076, "fair_value": 203.047628, "relative_strength": -0.290983, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.632714, "energy": 54.040454, "activity_lines": [ 275.392069, 270.014692, 268.502946, 267.346309 ] }, { "date": "2025-12-05", "close": 271.992014, "volume": 8080171, "typical_volume": 8423323.5, "trend": 264.763583, "fair_value": 203.918942, "relative_strength": -4.939731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.734017, "energy": 50.93648, "activity_lines": [ 275.54039, 271.039924, 268.859255, 267.876369 ] }, { "date": "2025-12-12", "close": 279.974442, "volume": 6826176, "typical_volume": 8118102.15, "trend": 265.592963, "fair_value": 204.882297, "relative_strength": -1.534258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.217877, "energy": 55.486229, "activity_lines": [ 277.321806, 273.32318, 269.976428, 268.857715 ] }, { "date": "2025-12-19", "close": 291.973062, "volume": 12998221, "typical_volume": 8297878.3, "trend": 267.183006, "fair_value": 205.951508, "relative_strength": 2.545179, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.94334, "energy": 66.598148, "activity_lines": [ 282.631922, 277.389271, 272.203558, 270.559657 ] }, { "date": "2025-12-26", "close": 293.201896, "volume": 3276059, "typical_volume": 8114880.8, "trend": 268.691926, "fair_value": 207.029039, "relative_strength": 1.521509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.364714, "energy": 66.103896, "activity_lines": [ 286.837932, 281.081865, 274.396939, 272.238295 ] }, { "date": "2026-01-02", "close": 292.70237, "volume": 5270465, "typical_volume": 8005451.7, "trend": 270.038825, "fair_value": 208.078681, "relative_strength": 2.367892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.661713, "energy": 70.370918, "activity_lines": [ 289.611968, 284.077809, 276.393051, 273.787356 ] }, { "date": "2026-01-09", "close": 300.075377, "volume": 9708819, "typical_volume": 8124228.65, "trend": 271.928552, "fair_value": 209.133506, "relative_strength": 3.230968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.748774, "energy": 75.289451, "activity_lines": [ 294.314175, 287.953713, 278.969843, 275.725198 ] }, { "date": "2026-01-16", "close": 300.564912, "volume": 8448542, "typical_volume": 8209617.75, "trend": 273.668935, "fair_value": 210.179792, "relative_strength": 3.672123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.194918, "energy": 73.317641, "activity_lines": [ 297.307335, 291.127731, 281.483067, 277.572705 ] }, { "date": "2026-01-23", "close": 297.827509, "volume": 8605991, "typical_volume": 8306218.3, "trend": 274.764533, "fair_value": 211.170513, "relative_strength": 2.989924, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.739148, "energy": 65.365637, "activity_lines": [ 298.015331, 293.301256, 283.616932, 279.131323 ] }, { "date": "2026-01-30", "close": 298.22713, "volume": 9213615, "typical_volume": 8506798.95, "trend": 275.609989, "fair_value": 212.150405, "relative_strength": 2.710834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.158373, "energy": 60.439698, "activity_lines": [ 298.466236, 295.028164, 285.66536, 280.645039 ] }, { "date": "2026-02-06", "close": 314.082091, "volume": 11092550, "typical_volume": 8536880.8, "trend": 276.854541, "fair_value": 213.22971, "relative_strength": 8.372461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.829917, "energy": 74.579457, "activity_lines": [ 303.867114, 299.201297, 289.10994, 283.12711 ] }, { "date": "2026-02-13", "close": 314.321864, "volume": 14319477, "typical_volume": 8769527.4, "trend": 278.261105, "fair_value": 214.315819, "relative_strength": 9.759126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.542297, "energy": 70.310693, "activity_lines": [ 307.9226, 302.884894, 292.358912, 285.544356 ] }, { "date": "2026-02-20", "close": 315.660594, "volume": 7496221, "typical_volume": 8654783.75, "trend": 279.680025, "fair_value": 215.420348, "relative_strength": 8.891911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.765692, "energy": 74.927607, "activity_lines": [ 311.474565, 306.042263, 295.483178, 287.957227 ] }, { "date": "2026-02-27", "close": 311.634413, "volume": 7965983, "typical_volume": 8551953.95, "trend": 281.390871, "fair_value": 216.480392, "relative_strength": 8.020709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.760158, "energy": 70.220628, "activity_lines": [ 312.67809, 307.818759, 297.949634, 290.0188 ] }, { "date": "2026-03-06", "close": 298.500549, "volume": 11439871, "typical_volume": 8732925.4, "trend": 282.615353, "fair_value": 217.500908, "relative_strength": 5.509695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.925608, "energy": 47.008567, "activity_lines": [ 308.5832, 306.849802, 298.915285, 291.12265 ] }, { "date": "2026-03-13", "close": 291.413859, "volume": 10551122, "typical_volume": 8734213.75, "trend": 283.422981, "fair_value": 218.501472, "relative_strength": 4.436677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.548792, "energy": 27.496884, "activity_lines": [ 302.107852, 304.496016, 299.022111, 291.690296 ] }, { "date": "2026-03-20", "close": 292.443378, "volume": 9788765, "typical_volume": 8775299.2, "trend": 283.939922, "fair_value": 219.538561, "relative_strength": 6.529647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.163502, "energy": 23.034992, "activity_lines": [ 297.486893, 302.352843, 299.112493, 292.272257 ] }, { "date": "2026-03-27", "close": 293.902697, "volume": 7642478, "typical_volume": 8724407.0, "trend": 284.54842, "fair_value": 220.52757, "relative_strength": 9.239407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.038302, "energy": 23.912944, "activity_lines": [ 294.810939, 300.613764, 299.171062, 292.915017 ] }, { "date": "2026-04-03", "close": 304.807602, "volume": 5986380, "typical_volume": 8664426.45, "trend": 285.645561, "fair_value": 221.588008, "relative_strength": 9.30031, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.482613, "energy": 22.003259, "activity_lines": [ 297.22048, 300.978527, 300.168237, 294.222061 ] }, { "date": "2026-04-10", "close": 323.278973, "volume": 7465815, "typical_volume": 8663263.2, "trend": 287.277535, "fair_value": 222.743471, "relative_strength": 11.516762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.40902, "energy": 35.895481, "activity_lines": [ 306.242265, 304.574809, 302.755351, 296.650023 ] }, { "date": "2026-04-17", "close": 340.870754, "volume": 7312822, "typical_volume": 8674477.15, "trend": 289.699597, "fair_value": 223.988132, "relative_strength": 12.1175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.153871, "energy": 71.481098, "activity_lines": [ 319.476083, 310.91411, 306.784258, 300.10765 ] }, { "date": "2026-04-24", "close": 335.473276, "volume": 6661783, "typical_volume": 8603557.75, "trend": 292.170068, "fair_value": 225.223607, "relative_strength": 9.422929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.683531, "energy": 80.543774, "activity_lines": [ 327.613614, 315.784984, 310.031925, 303.06079 ] }, { "date": "2026-05-01", "close": 318.461223, "volume": 12243400, "typical_volume": 8874418.95, "trend": 294.183973, "fair_value": 226.346282, "relative_strength": 2.846411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.220318, "energy": 72.755123, "activity_lines": [ 327.211802, 317.178186, 311.357104, 304.756994 ] }, { "date": "2026-05-08", "close": 316.632078, "volume": 7825420, "typical_volume": 8615778.9, "trend": 296.100294, "fair_value": 227.476482, "relative_strength": -0.073884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.916061, "energy": 62.482839, "activity_lines": [ 324.563039, 318.187897, 312.324809, 306.205259 ] }, { "date": "2026-05-15", "close": 316.022363, "volume": 7889231, "typical_volume": 8846437.5, "trend": 297.971661, "fair_value": 228.585315, "relative_strength": -0.445613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.809199, "energy": 36.12278, "activity_lines": [ 320.92274, 318.995883, 313.117022, 307.490554 ] }, { "date": "2026-05-22", "close": 321.08, "volume": 5488460, "typical_volume": 8857337.25, "trend": 299.761989, "fair_value": 229.7653, "relative_strength": 0.252186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.405299, "energy": 23.576451, "activity_lines": [ 319.452094, 320.404861, 314.282246, 308.981414 ] }, { "date": "2026-05-29", "close": 327.66, "volume": 8470458, "typical_volume": 8795419.2, "trend": 302.131446, "fair_value": 230.95751, "relative_strength": 0.806156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.723072, "energy": 27.780343, "activity_lines": [ 321.494165, 322.470818, 315.939005, 310.781286 ] }, { "date": "2026-06-05", "close": 343.1, "volume": 7878658, "typical_volume": 8766925.0, "trend": 304.471051, "fair_value": 232.256772, "relative_strength": 8.075644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.821873, "energy": 44.919834, "activity_lines": [ 329.203787, 326.703746, 318.934885, 313.424418 ] }, { "date": "2026-06-12", "close": 345.95, "volume": 6753098, "typical_volume": 8674280.35, "trend": 307.027141, "fair_value": 233.578881, "relative_strength": 8.095348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.891302, "energy": 64.516051, "activity_lines": [ 336.220824, 330.560359, 321.999645, 316.100479 ] }, { "date": "2026-06-19", "close": 348.84, "volume": 7329626, "typical_volume": 8580080.9, "trend": 309.514478, "fair_value": 234.943048, "relative_strength": 7.780872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.349682, "energy": 73.892504, "activity_lines": [ 342.246667, 334.194384, 325.110488, 318.798083 ] }, { "date": "2026-06-26", "close": 332.86, "volume": 23349866, "typical_volume": 9192946.7, "trend": 311.117814, "fair_value": 236.151102, "relative_strength": 5.24982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.883359, "energy": 64.046925, "activity_lines": [ 340.758, 334.458207, 326.458414, 320.304246 ] }, { "date": "2026-07-03", "close": 338.12, "volume": 8137445, "typical_volume": 8883845.1, "trend": 313.32208, "fair_value": 237.375257, "relative_strength": 4.586941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.537836, "energy": 48.070305, "activity_lines": [ 340.237333, 335.824045, 328.217873, 322.046323 ] }, { "date": "2026-07-10", "close": 335.48, "volume": 6633069, "typical_volume": 8840687.5, "trend": 315.172266, "fair_value": 238.585924, "relative_strength": 2.391963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.323342, "energy": 36.593098, "activity_lines": [ 338.139333, 336.66176, 329.612578, 323.475866 ] }, { "date": "2026-07-17", "close": 321.32, "volume": 14128499, "typical_volume": 9148813.3, "trend": 316.150497, "fair_value": 239.680001, "relative_strength": -0.364419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.086157, "energy": 16.873119, "activity_lines": [ 331.829333, 334.615498, 329.564335, 323.872494 ] }, { "date": "2026-07-24", "close": 324.97, "volume": 8007947, "typical_volume": 8977217.1, "trend": 317.209434, "fair_value": 240.782657, "relative_strength": 1.333222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.556579, "energy": 17.937918, "activity_lines": [ 328.378, 333.147636, 329.817588, 324.441494 ] }, { "date": "2026-07-31", "close": 320.49, "volume": 12823379, "typical_volume": 9090829.95, "trend": 318.135688, "fair_value": 241.87453, "relative_strength": -1.172307, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.358834, "energy": 16.268752, "activity_lines": [ 325.024667, 330.702545, 329.51813, 324.653143 ] }, { "date": "2026-08-07", "close": 317.6, "volume": 9685839, "typical_volume": 9085683.65, "trend": 318.719842, "fair_value": 242.925681, "relative_strength": -5.366198, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.386961, "energy": 15.326132, "activity_lines": [ 321.532667, 327.742727, 328.804976, 324.618583 ] } ], "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." } } }