{ "ticker": { "uuid": "89bccadc-13ba-43cd-9cd9-8034e1e65d38", "symbol": "CSR", "name": "Centerspace", "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.171, "architecture_energy": 43.159, "architecture_maturity": 30.382, "architecture_confidence": 94.512, "architecture_tenure": "Developing", "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": 13.31, "rotation_up": 21.57, "upward_expansion": 6.02, "deceleration": 55.57, "rotation_down": 53.23, "downward_expansion": 79.36 }, "activity_lines": [ 55.810667, 55.998611, 58.784537, 59.793381 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 56.68, "trend_reference": 60.982865, "distance_from_trend": -0.070559, "trend_direction": "Weakening", "fair_value": 58.72768, "distance_from_fair_value": -0.034867, "fair_value_direction": "Weakening", "relative_strength": -16.774466, "relative_strength_direction": "Weakening", "price_momentum": -0.105993, "excess_performance": -0.231618, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.070559, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.040781, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.034867, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.17926, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.167745, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.150527, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.105993, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.667349, "read": "Supply-led" } ], "volume": { "latest": 1051013, "relative_activity": 1.437933, "balance": 0.667349, "dry_up": 1.058223, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.063632, "annualized_volatility": 0.277952, "from_high_reference": -0.174667, "from_low_reference": 0.110973 }, "levels": { "trend_reference": 60.982865, "fair_value_reference": 58.72768, "structural_low": 53.772172, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": 0.009455, "positive_rate": 0.583333, "directional_follow_through": 0.416667, "median_excess_return": -0.014907, "regime_survival": 0.75, "best_return": 0.097786, "worst_return": -0.100178, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.015578, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.064005, "regime_survival": 0.444444, "best_return": 0.187726, "worst_return": -0.174903, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.092246, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.008589, "regime_survival": 0.166667, "best_return": 0.403771, "worst_return": -0.261095, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.102757, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.223577, "regime_survival": 0.0, "best_return": 0.114716, "worst_return": -0.37004, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-11", "end": "2024-12-20", "tenure": "Developing", "return": -0.052261, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.074316, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-05-16", "tenure": "Established", "return": 0.050589, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-25", "tenure": "Developing", "return": -0.046134, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": 0.076199, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": 0.032701, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": -0.002542, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": -0.026152, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": -0.112062, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.166375, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": -0.010676, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.115126, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": -0.046926, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.007847, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 52.926145, "volume": 217429, "typical_volume": 329875.75, "trend": 52.434246, "fair_value": 63.454514, "relative_strength": -9.756454, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.700441, "energy": 22.47135, "activity_lines": [ 54.521164, 54.642101, 53.692146, 52.707789 ] }, { "date": "2023-08-25", "close": 54.728855, "volume": 267382, "typical_volume": 322607.7, "trend": 52.373953, "fair_value": 63.454488, "relative_strength": -6.952735, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.977711, "energy": 23.873718, "activity_lines": [ 54.516497, 54.713009, 53.913228, 52.855828 ] }, { "date": "2023-09-01", "close": 56.094013, "volume": 323403, "typical_volume": 318567.65, "trend": 52.251116, "fair_value": 63.464559, "relative_strength": -6.478335, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.922817, "energy": 29.603288, "activity_lines": [ 55.040391, 55.022571, 54.232009, 53.095832 ] }, { "date": "2023-09-08", "close": 54.326308, "volume": 224099, "typical_volume": 316002.0, "trend": 52.108027, "fair_value": 63.475457, "relative_strength": -7.726394, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.745704, "energy": 19.744836, "activity_lines": [ 54.781361, 54.903557, 54.342549, 53.229716 ] }, { "date": "2023-09-15", "close": 54.615092, "volume": 446789, "typical_volume": 323421.5, "trend": 52.088014, "fair_value": 63.493986, "relative_strength": -6.562605, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.779831, "energy": 21.521991, "activity_lines": [ 54.736439, 54.825593, 54.449081, 53.391462 ] }, { "date": "2023-09-22", "close": 52.803631, "volume": 298315, "typical_volume": 317336.3, "trend": 52.063349, "fair_value": 63.514058, "relative_strength": -6.445431, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.092405, "energy": 12.884613, "activity_lines": [ 54.158289, 54.418751, 54.355188, 53.437631 ] }, { "date": "2023-09-29", "close": 53.371812, "volume": 384533, "typical_volume": 322667.15, "trend": 52.051083, "fair_value": 63.512386, "relative_strength": -4.276329, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.135443, "energy": 11.949595, "activity_lines": [ 53.777699, 54.190313, 54.308361, 53.522048 ] }, { "date": "2023-10-06", "close": 51.352434, "volume": 382838, "typical_volume": 325538.25, "trend": 52.107987, "fair_value": 63.491827, "relative_strength": -7.896409, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.656819, "energy": 13.376428, "activity_lines": [ 52.814454, 53.639437, 54.060487, 53.476973 ] }, { "date": "2023-10-13", "close": 50.015038, "volume": 447247, "typical_volume": 331311.1, "trend": 52.25395, "fair_value": 63.45917, "relative_strength": -10.19009, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.318228, "energy": 40.400373, "activity_lines": [ 51.721514, 52.878785, 53.684776, 53.341944 ] }, { "date": "2023-10-20", "close": 47.021399, "volume": 481914, "typical_volume": 335006.3, "trend": 52.324009, "fair_value": 63.410898, "relative_strength": -12.968465, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.429954, "energy": 59.83881, "activity_lines": [ 49.918114, 51.684361, 53.027799, 53.004361 ] }, { "date": "2023-10-27", "close": 42.353801, "volume": 450868, "typical_volume": 336684.65, "trend": 52.161072, "fair_value": 63.342929, "relative_strength": -19.00275, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -65.410653, "energy": 79.70803, "activity_lines": [ 47.065093, 49.798603, 51.957441, 52.361121 ] }, { "date": "2023-11-03", "close": 45.019734, "volume": 634455, "typical_volume": 344954.0, "trend": 52.063651, "fair_value": 63.291948, "relative_strength": -18.178319, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.363214, "energy": 86.422994, "activity_lines": [ 45.797372, 48.589784, 51.197077, 51.90039 ] }, { "date": "2023-11-10", "close": 45.453724, "volume": 617133, "typical_volume": 359560.8, "trend": 51.988191, "fair_value": 63.218822, "relative_strength": -17.99905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.195214, "energy": 84.369009, "activity_lines": [ 45.23112, 47.636401, 50.521777, 51.473943 ] }, { "date": "2023-11-17", "close": 47.04797, "volume": 458535, "typical_volume": 366201.35, "trend": 51.96616, "fair_value": 63.159742, "relative_strength": -16.52915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.864386, "energy": 78.431492, "activity_lines": [ 45.58953, 47.166342, 50.020908, 51.155219 ] }, { "date": "2023-11-24", "close": 47.986803, "volume": 174871, "typical_volume": 362241.45, "trend": 51.940546, "fair_value": 63.108393, "relative_strength": -15.258701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.987287, "energy": 49.039267, "activity_lines": [ 46.458689, 46.999313, 49.641111, 50.898486 ] }, { "date": "2023-12-01", "close": 48.128514, "volume": 493483, "typical_volume": 373113.1, "trend": 51.834044, "fair_value": 63.050952, "relative_strength": -15.29993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.423571, "energy": 35.029986, "activity_lines": [ 47.310725, 46.978564, 49.306498, 50.652549 ] }, { "date": "2023-12-08", "close": 48.261368, "volume": 296564, "typical_volume": 373516.65, "trend": 51.724763, "fair_value": 62.993406, "relative_strength": -14.769444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.786215, "energy": 25.561852, "activity_lines": [ 47.822065, 47.066972, 49.026469, 50.422054 ] }, { "date": "2023-12-15", "close": 51.343577, "volume": 672764, "typical_volume": 395444.75, "trend": 51.727736, "fair_value": 62.967906, "relative_strength": -11.056108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.262623, "energy": 21.22645, "activity_lines": [ 49.144698, 47.808699, 49.076032, 50.397461 ] }, { "date": "2023-12-22", "close": 51.246151, "volume": 466420, "typical_volume": 397372.05, "trend": 51.741873, "fair_value": 62.935788, "relative_strength": -11.671039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.598708, "energy": 20.260799, "activity_lines": [ 50.0422, 48.532873, 49.125103, 50.366391 ] }, { "date": "2023-12-29", "close": 52.181527, "volume": 252138, "typical_volume": 399559.0, "trend": 51.695814, "fair_value": 62.911026, "relative_strength": -10.046931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 3.341596, "energy": 18.807005, "activity_lines": [ 50.971615, 49.404732, 49.286342, 50.394756 ] }, { "date": "2024-01-05", "close": 48.639997, "volume": 264332, "typical_volume": 401904.15, "trend": 51.512678, "fair_value": 62.857916, "relative_strength": -14.412998, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.871823, "energy": 18.87014, "activity_lines": [ 50.440871, 49.538855, 49.126923, 50.197606 ] }, { "date": "2024-01-12", "close": 50.191098, "volume": 294126, "typical_volume": 403241.35, "trend": 51.37894, "fair_value": 62.807528, "relative_strength": -12.890245, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.069591, "energy": 13.906518, "activity_lines": [ 50.393063, 49.840703, 49.135638, 50.112343 ] }, { "date": "2024-01-19", "close": 50.926301, "volume": 318872, "typical_volume": 403014.8, "trend": 51.403171, "fair_value": 62.762412, "relative_strength": -12.170713, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.099918, "energy": 9.770079, "activity_lines": [ 50.461673, 50.182199, 49.235981, 50.08314 ] }, { "date": "2024-01-26", "close": 50.029711, "volume": 305523, "typical_volume": 407086.0, "trend": 51.280953, "fair_value": 62.727416, "relative_strength": -14.064329, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.79956, "energy": 11.04568, "activity_lines": [ 50.259238, 50.261177, 49.275543, 49.99453 ] }, { "date": "2024-02-02", "close": 48.72069, "volume": 283817, "typical_volume": 398937.4, "trend": 51.083598, "fair_value": 62.67284, "relative_strength": -16.836457, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.749427, "energy": 14.652436, "activity_lines": [ 49.701559, 50.047938, 49.210896, 49.829352 ] }, { "date": "2024-02-09", "close": 48.747588, "volume": 382124, "typical_volume": 403127.85, "trend": 50.810714, "fair_value": 62.616606, "relative_strength": -17.275405, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.435179, "energy": 18.419516, "activity_lines": [ 49.383569, 49.826246, 49.176879, 49.678641 ] }, { "date": "2024-02-16", "close": 50.280757, "volume": 390318, "typical_volume": 403417.1, "trend": 50.62569, "fair_value": 62.584644, "relative_strength": -13.863739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.636213, "energy": 14.801281, "activity_lines": [ 49.569462, 49.872056, 49.308193, 49.644451 ] }, { "date": "2024-02-23", "close": 50.460074, "volume": 442291, "typical_volume": 406389.75, "trend": 50.534736, "fair_value": 62.559069, "relative_strength": -14.4441, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.114836, "energy": 11.119202, "activity_lines": [ 49.80915, 49.913754, 49.471304, 49.633766 ] }, { "date": "2024-03-01", "close": 50.209029, "volume": 440137, "typical_volume": 406034.25, "trend": 50.33857, "fair_value": 62.511135, "relative_strength": -15.178771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.038464, "energy": 3.290088, "activity_lines": [ 49.996239, 49.92587, 49.614755, 49.612752 ] }, { "date": "2024-03-08", "close": 50.899404, "volume": 317083, "typical_volume": 397792.7, "trend": 50.179418, "fair_value": 62.464118, "relative_strength": -13.373046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.804471, "energy": 16.167305, "activity_lines": [ 50.401497, 50.082366, 49.823033, 49.648935 ] }, { "date": "2024-03-15", "close": 50.325586, "volume": 393102, "typical_volume": 394904.4, "trend": 50.092733, "fair_value": 62.426289, "relative_strength": -14.012912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.0126, "energy": 18.690017, "activity_lines": [ 50.470236, 50.157842, 49.958194, 49.658365 ] }, { "date": "2024-03-22", "close": 51.01596, "volume": 348237, "typical_volume": 380593.5, "trend": 49.96897, "fair_value": 62.398937, "relative_strength": -14.488996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.430791, "energy": 25.668245, "activity_lines": [ 50.663899, 50.328194, 50.121144, 49.717928 ] }, { "date": "2024-03-29", "close": 51.91386, "volume": 275091, "typical_volume": 363491.4, "trend": 49.829631, "fair_value": 62.37572, "relative_strength": -13.032901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.700561, "energy": 44.868509, "activity_lines": [ 51.107849, 50.646803, 50.341056, 49.843405 ] }, { "date": "2024-04-05", "close": 50.859955, "volume": 316980, "typical_volume": 356413.65, "trend": 49.714086, "fair_value": 62.353402, "relative_strength": -13.733975, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.676715, "energy": 36.172425, "activity_lines": [ 51.103578, 50.755838, 50.429833, 49.909878 ] }, { "date": "2024-04-12", "close": 55.184596, "volume": 759924, "typical_volume": 385666.3, "trend": 49.73307, "fair_value": 62.357008, "relative_strength": -4.859453, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.55913, "energy": 62.08591, "activity_lines": [ 52.497459, 51.636075, 50.912328, 50.262814 ] }, { "date": "2024-04-19", "close": 58.955029, "volume": 528421, "typical_volume": 387413.2, "trend": 49.938116, "fair_value": 62.3667, "relative_strength": 4.832578, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.008312, "energy": 81.764863, "activity_lines": [ 54.862472, 53.08432, 51.719636, 50.857779 ] }, { "date": "2024-04-26", "close": 58.682467, "volume": 426531, "typical_volume": 393911.55, "trend": 50.115138, "fair_value": 62.381272, "relative_strength": 1.718191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.606332, "energy": 87.096786, "activity_lines": [ 56.561334, 54.297419, 52.449432, 51.421931 ] }, { "date": "2024-05-03", "close": 62.425644, "volume": 557796, "typical_volume": 388163.15, "trend": 50.484245, "fair_value": 62.41537, "relative_strength": 7.639989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.114311, "energy": 94.471439, "activity_lines": [ 58.996821, 56.038337, 53.486096, 52.216157 ] }, { "date": "2024-05-10", "close": 63.806622, "volume": 392611, "typical_volume": 384472.7, "trend": 50.943965, "fair_value": 62.467721, "relative_strength": 8.087036, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.529968, "energy": 94.099371, "activity_lines": [ 61.191849, 57.812785, 54.601511, 53.075665 ] }, { "date": "2024-05-17", "close": 63.252413, "volume": 452808, "typical_volume": 394506.2, "trend": 51.484998, "fair_value": 62.508095, "relative_strength": 5.490812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.751475, "energy": 91.014652, "activity_lines": [ 62.33903, 59.23924, 55.604332, 53.869758 ] }, { "date": "2024-05-24", "close": 61.544362, "volume": 381072, "typical_volume": 400343.2, "trend": 52.124684, "fair_value": 62.536903, "relative_strength": 2.757829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.990543, "energy": 86.636382, "activity_lines": [ 62.379006, 60.13054, 56.391762, 54.51875 ] }, { "date": "2024-05-31", "close": 62.016802, "volume": 261891, "typical_volume": 398731.45, "trend": 52.691253, "fair_value": 62.566787, "relative_strength": 4.119425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.882291, "energy": 72.110437, "activity_lines": [ 62.403839, 60.90376, 57.162738, 55.156951 ] }, { "date": "2024-06-07", "close": 61.86235, "volume": 323602, "typical_volume": 398967.95, "trend": 53.238207, "fair_value": 62.57652, "relative_strength": 2.777151, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.853755, "energy": 59.541862, "activity_lines": [ 62.154899, 61.448883, 57.862691, 55.748635 ] }, { "date": "2024-06-14", "close": 61.453508, "volume": 306496, "typical_volume": 399016.6, "trend": 53.718391, "fair_value": 62.578033, "relative_strength": 0.644912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.235379, "energy": 51.525592, "activity_lines": [ 61.807232, 61.738789, 58.47163, 56.278654 ] }, { "date": "2024-06-21", "close": 60.953812, "volume": 607187, "typical_volume": 415185.1, "trend": 54.150625, "fair_value": 62.559288, "relative_strength": -0.716907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.115737, "energy": 43.212108, "activity_lines": [ 61.449874, 61.745231, 58.978581, 56.745455 ] }, { "date": "2024-06-28", "close": 62.125826, "volume": 549260, "typical_volume": 423541.9, "trend": 54.617202, "fair_value": 62.55043, "relative_strength": 1.396166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.06371, "energy": 40.881054, "activity_lines": [ 61.636427, 61.859872, 59.538898, 57.259984 ] }, { "date": "2024-07-05", "close": 62.484086, "volume": 269335, "typical_volume": 417492.75, "trend": 55.091293, "fair_value": 62.525001, "relative_strength": 0.299531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.57215, "energy": 40.219128, "activity_lines": [ 61.903636, 61.982001, 60.06963, 57.767525 ] }, { "date": "2024-07-12", "close": 63.963053, "volume": 477651, "typical_volume": 419260.75, "trend": 55.511942, "fair_value": 62.486195, "relative_strength": 1.941955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.325636, "energy": 50.817802, "activity_lines": [ 62.632681, 62.303912, 60.683105, 58.339897 ] }, { "date": "2024-07-19", "close": 63.760958, "volume": 767240, "typical_volume": 435615.9, "trend": 55.929102, "fair_value": 62.421057, "relative_strength": 3.817544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.607973, "energy": 53.296989, "activity_lines": [ 63.154315, 62.561125, 61.213032, 58.872092 ] }, { "date": "2024-07-26", "close": 64.652013, "volume": 897454, "typical_volume": 464634.45, "trend": 56.344785, "fair_value": 62.368992, "relative_strength": 6.135267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.461876, "energy": 60.835729, "activity_lines": [ 63.819137, 62.981179, 61.763289, 59.43486 ] }, { "date": "2024-08-02", "close": 64.70713, "volume": 734779, "typical_volume": 481718.3, "trend": 56.880356, "fair_value": 62.291415, "relative_strength": 8.635954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.329586, "energy": 68.200661, "activity_lines": [ 64.255785, 63.385807, 62.253307, 59.974366 ] }, { "date": "2024-08-09", "close": 65.313415, "volume": 541060, "typical_volume": 491359.45, "trend": 57.384433, "fair_value": 62.21109, "relative_strength": 9.713528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.924079, "energy": 59.889849, "activity_lines": [ 64.72244, 63.843163, 62.732582, 60.518434 ] }, { "date": "2024-08-16", "close": 68.51019, "volume": 1434978, "typical_volume": 549353.8, "trend": 57.970563, "fair_value": 62.134411, "relative_strength": 10.644934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.04652, "energy": 70.172813, "activity_lines": [ 66.066066, 64.821813, 63.44823, 61.236225 ] }, { "date": "2024-08-23", "close": 68.142744, "volume": 927732, "typical_volume": 579891.4, "trend": 58.574331, "fair_value": 62.055843, "relative_strength": 8.612519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.95167, "energy": 75.433249, "activity_lines": [ 66.984067, 65.612785, 64.049852, 61.892495 ] }, { "date": "2024-08-30", "close": 68.712285, "volume": 634211, "typical_volume": 573605.75, "trend": 59.240717, "fair_value": 61.952469, "relative_strength": 9.297752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.975973, "energy": 79.703212, "activity_lines": [ 67.799795, 66.385687, 64.623417, 62.546556 ] }, { "date": "2024-09-06", "close": 68.170303, "volume": 362583, "typical_volume": 565313.85, "trend": 59.888141, "fair_value": 61.864696, "relative_strength": 13.066537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.703605, "energy": 76.413373, "activity_lines": [ 68.164179, 66.918984, 65.080947, 63.122659 ] }, { "date": "2024-09-13", "close": 69.355314, "volume": 644880, "typical_volume": 576231.3, "trend": 60.52396, "fair_value": 61.806704, "relative_strength": 10.620954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.958704, "energy": 69.649262, "activity_lines": [ 68.692688, 67.557838, 65.607453, 63.733444 ] }, { "date": "2024-09-20", "close": 67.214945, "volume": 820593, "typical_volume": 589371.15, "trend": 61.082455, "fair_value": 61.720271, "relative_strength": 5.815317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.528439, "energy": 53.262721, "activity_lines": [ 68.23828, 67.682603, 65.879292, 64.165121 ] }, { "date": "2024-09-27", "close": 65.754349, "volume": 527706, "typical_volume": 596125.9, "trend": 61.600633, "fair_value": 61.635432, "relative_strength": 3.136408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.432419, "energy": 37.448502, "activity_lines": [ 67.383357, 67.482679, 65.98922, 64.466533 ] }, { "date": "2024-10-04", "close": 64.996589, "volume": 535618, "typical_volume": 600266.4, "trend": 62.070539, "fair_value": 61.547773, "relative_strength": 1.814977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.664246, "energy": 24.961272, "activity_lines": [ 66.435074, 67.108737, 66.017705, 64.685627 ] }, { "date": "2024-10-11", "close": 64.662369, "volume": 467141, "typical_volume": 604569.85, "trend": 62.548432, "fair_value": 61.441053, "relative_strength": 0.240292, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.011954, "energy": 23.031948, "activity_lines": [ 65.623097, 66.667763, 66.006054, 64.852842 ] }, { "date": "2024-10-18", "close": 66.166361, "volume": 591885, "typical_volume": 621069.55, "trend": 63.053445, "fair_value": 61.323453, "relative_strength": 1.692201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.206518, "energy": 21.657116, "activity_lines": [ 65.546313, 66.501056, 66.122793, 65.086257 ] }, { "date": "2024-10-25", "close": 65.321526, "volume": 420609, "typical_volume": 625919.9, "trend": 63.500367, "fair_value": 61.213544, "relative_strength": 1.211208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.097925, "energy": 17.987245, "activity_lines": [ 65.400514, 66.165234, 66.139312, 65.232584 ] }, { "date": "2024-11-01", "close": 61.979321, "volume": 964943, "typical_volume": 658842.25, "trend": 63.871013, "fair_value": 61.083829, "relative_strength": -2.681808, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.090752, "energy": 19.409679, "activity_lines": [ 64.266875, 65.279715, 65.821053, 65.134452 ] }, { "date": "2024-11-08", "close": 69.127925, "volume": 551648, "typical_volume": 656065.3, "trend": 64.33579, "fair_value": 60.99127, "relative_strength": 3.420114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.562897, "energy": 15.114482, "activity_lines": [ 65.767772, 65.806004, 66.18111, 65.473608 ] }, { "date": "2024-11-15", "close": 67.326848, "volume": 428941, "typical_volume": 650049.35, "trend": 64.614851, "fair_value": 60.893485, "relative_strength": 2.702886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.172976, "energy": 18.109024, "activity_lines": [ 66.392888, 65.997267, 66.330711, 65.66658 ] }, { "date": "2024-11-22", "close": 68.431632, "volume": 338637, "typical_volume": 653514.45, "trend": 64.939823, "fair_value": 60.796619, "relative_strength": 2.534823, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.103376, "energy": 30.505324, "activity_lines": [ 67.208633, 66.404735, 66.560763, 65.912823 ] }, { "date": "2024-11-29", "close": 67.30828, "volume": 552467, "typical_volume": 657255.25, "trend": 65.102578, "fair_value": 60.676262, "relative_strength": -0.419832, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.996578, "energy": 31.411394, "activity_lines": [ 67.49891, 66.624752, 66.655507, 66.065627 ] }, { "date": "2024-12-06", "close": 64.987305, "volume": 414525, "typical_volume": 639619.5, "trend": 65.141934, "fair_value": 60.539042, "relative_strength": -4.695943, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 25.459479, "energy": 17.784202, "activity_lines": [ 66.883077, 66.421077, 66.513277, 66.05819 ] }, { "date": "2024-12-13", "close": 64.476691, "volume": 467570, "typical_volume": 618125.3, "trend": 65.182743, "fair_value": 60.392335, "relative_strength": -4.820687, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.181414, "energy": 4.066188, "activity_lines": [ 65.896508, 66.138509, 66.316577, 66.015271 ] }, { "date": "2024-12-20", "close": 61.283029, "volume": 1432893, "typical_volume": 653031.0, "trend": 65.174032, "fair_value": 60.22171, "relative_strength": -7.749674, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.27621, "energy": 27.251138, "activity_lines": [ 64.155468, 65.284728, 65.816553, 65.763677 ] }, { "date": "2024-12-27", "close": 61.162338, "volume": 247541, "typical_volume": 638355.05, "trend": 65.14555, "fair_value": 60.030938, "relative_strength": -8.396964, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.433507, "energy": 50.987431, "activity_lines": [ 62.777118, 64.470445, 65.32134, 65.504858 ] }, { "date": "2025-01-03", "close": 61.565928, "volume": 288928, "typical_volume": 581052.55, "trend": 65.135669, "fair_value": 59.882907, "relative_strength": -7.295574, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.170715, "energy": 57.916138, "activity_lines": [ 62.017918, 63.820525, 64.884332, 65.273915 ] }, { "date": "2025-01-10", "close": 56.616989, "volume": 419500, "typical_volume": 555640.95, "trend": 64.974452, "fair_value": 59.715869, "relative_strength": -12.928554, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.031244, "energy": 80.659303, "activity_lines": [ 59.991895, 62.339081, 64.009064, 64.724322 ] }, { "date": "2025-01-17", "close": 57.264952, "volume": 520268, "typical_volume": 549943.8, "trend": 64.85149, "fair_value": 59.59114, "relative_strength": -14.287531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.160073, "energy": 78.945345, "activity_lines": [ 58.73988, 61.072946, 63.250391, 64.226935 ] }, { "date": "2025-01-24", "close": 57.368251, "volume": 278926, "typical_volume": 545760.95, "trend": 64.692904, "fair_value": 59.473328, "relative_strength": -15.460769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.318595, "energy": 76.804725, "activity_lines": [ 58.003082, 60.041282, 62.556067, 63.744146 ] }, { "date": "2025-01-31", "close": 57.048964, "volume": 364835, "typical_volume": 531758.7, "trend": 64.511733, "fair_value": 59.352365, "relative_strength": -14.998601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.298269, "energy": 77.03849, "activity_lines": [ 57.420839, 59.132632, 61.882774, 63.250988 ] }, { "date": "2025-02-07", "close": 57.912916, "volume": 391373, "typical_volume": 510297.7, "trend": 64.310062, "fair_value": 59.240251, "relative_strength": -13.529054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.745937, "energy": 69.035834, "activity_lines": [ 57.400805, 58.588022, 61.350363, 62.825258 ] }, { "date": "2025-02-14", "close": 58.560879, "volume": 477404, "typical_volume": 507782.6, "trend": 64.136726, "fair_value": 59.129085, "relative_strength": -13.754436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.213379, "energy": 49.318146, "activity_lines": [ 57.840294, 58.332048, 60.923958, 62.454343 ] }, { "date": "2025-02-21", "close": 60.194874, "volume": 377506, "typical_volume": 499877.0, "trend": 63.988155, "fair_value": 59.004638, "relative_strength": -9.901103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.645035, "energy": 35.326789, "activity_lines": [ 58.694854, 58.490008, 60.687427, 62.20003 ] }, { "date": "2025-02-28", "close": 62.157547, "volume": 527231, "typical_volume": 502881.5, "trend": 63.903169, "fair_value": 58.856247, "relative_strength": -6.14989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.311863, "energy": 21.208132, "activity_lines": [ 60.008311, 59.082669, 60.660682, 62.081926 ] }, { "date": "2025-03-07", "close": 61.603491, "volume": 384090, "typical_volume": 492491.75, "trend": 63.779505, "fair_value": 58.727061, "relative_strength": -4.140298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.653754, "energy": 23.101796, "activity_lines": [ 60.817796, 59.558692, 60.593097, 61.93356 ] }, { "date": "2025-03-14", "close": 59.208843, "volume": 360114, "typical_volume": 489467.0, "trend": 63.46946, "fair_value": 58.598133, "relative_strength": -5.810314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.834078, "energy": 22.122136, "activity_lines": [ 60.52543, 59.591304, 60.319179, 61.638679 ] }, { "date": "2025-03-21", "close": 59.89437, "volume": 538837, "typical_volume": 468161.7, "trend": 63.194514, "fair_value": 58.463246, "relative_strength": -5.31746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.022073, "energy": 18.768235, "activity_lines": [ 60.375178, 59.791413, 60.139657, 61.408028 ] }, { "date": "2025-03-28", "close": 60.561115, "volume": 323479, "typical_volume": 456753.25, "trend": 62.922808, "fair_value": 58.314071, "relative_strength": -2.971066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.656908, "energy": 11.016429, "activity_lines": [ 60.358274, 60.053159, 60.033563, 61.238131 ] }, { "date": "2025-04-04", "close": 57.234625, "volume": 501182, "typical_volume": 460365.3, "trend": 62.558286, "fair_value": 58.15882, "relative_strength": 0.602601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.693915, "energy": 32.638498, "activity_lines": [ 59.208125, 59.650159, 59.651455, 60.871151 ] }, { "date": "2025-04-11", "close": 54.155247, "volume": 555742, "typical_volume": 471220.55, "trend": 62.051617, "fair_value": 58.001408, "relative_strength": -9.79675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.319601, "energy": 56.703634, "activity_lines": [ 57.359711, 58.689702, 59.024131, 60.32902 ] }, { "date": "2025-04-18", "close": 54.887074, "volume": 503047, "typical_volume": 468749.55, "trend": 61.640688, "fair_value": 57.825496, "relative_strength": -7.010697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.334509, "energy": 66.871518, "activity_lines": [ 56.251789, 57.914917, 58.534487, 59.866791 ] }, { "date": "2025-04-25", "close": 56.569327, "volume": 660540, "typical_volume": 481050.3, "trend": 61.33452, "fair_value": 57.699654, "relative_strength": -8.154374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.855425, "energy": 64.548244, "activity_lines": [ 55.992736, 57.501012, 58.264207, 59.539607 ] }, { "date": "2025-05-02", "close": 58.375136, "volume": 464999, "typical_volume": 480921.75, "trend": 61.113805, "fair_value": 57.634572, "relative_strength": -7.590151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.547075, "energy": 50.155015, "activity_lines": [ 56.557289, 57.451645, 58.205994, 59.348679 ] }, { "date": "2025-05-09", "close": 58.337119, "volume": 375011, "typical_volume": 428027.65, "trend": 60.902963, "fair_value": 57.556435, "relative_strength": -6.922049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.546333, "energy": 28.955904, "activity_lines": [ 57.254901, 57.428453, 58.173215, 59.169538 ] }, { "date": "2025-05-16", "close": 60.161936, "volume": 493549, "typical_volume": 440328.05, "trend": 60.702816, "fair_value": 57.500901, "relative_strength": -8.521606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.295142, "energy": 13.659803, "activity_lines": [ 58.487286, 57.806508, 58.328257, 59.121729 ] }, { "date": "2025-05-23", "close": 58.128025, "volume": 634878, "typical_volume": 457625.55, "trend": 60.463033, "fair_value": 57.427035, "relative_strength": -9.037017, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.506221, "energy": 16.836684, "activity_lines": [ 58.641255, 57.84097, 58.294356, 58.955614 ] }, { "date": "2025-05-30", "close": 60.589627, "volume": 495402, "typical_volume": 461420.65, "trend": 60.416709, "fair_value": 57.364237, "relative_strength": -6.573455, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.662502, "energy": 14.136219, "activity_lines": [ 59.399694, 58.342649, 58.511265, 58.963781 ] }, { "date": "2025-06-06", "close": 60.68467, "volume": 532725, "typical_volume": 462043.5, "trend": 60.135268, "fair_value": 57.321478, "relative_strength": -7.69105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.157381, "energy": 12.451262, "activity_lines": [ 59.921795, 58.848966, 58.718308, 58.981069 ] }, { "date": "2025-06-13", "close": 60.37103, "volume": 397470, "typical_volume": 467970.7, "trend": 59.903407, "fair_value": 57.293757, "relative_strength": -7.619845, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.057713, "energy": 15.90354, "activity_lines": [ 60.18538, 59.296012, 58.879197, 58.99628 ] }, { "date": "2025-06-20", "close": 59.221015, "volume": 440483, "typical_volume": 471753.1, "trend": 59.596386, "fair_value": 57.248022, "relative_strength": -9.015779, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.574256, "energy": 14.115622, "activity_lines": [ 59.930032, 59.476938, 58.916261, 58.952254 ] }, { "date": "2025-06-27", "close": 57.814385, "volume": 775055, "typical_volume": 490937.2, "trend": 59.279923, "fair_value": 57.17797, "relative_strength": -13.830747, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.476402, "energy": 6.541733, "activity_lines": [ 59.268536, 59.310009, 58.809017, 58.837286 ] }, { "date": "2025-07-04", "close": 58.805874, "volume": 304106, "typical_volume": 482272.3, "trend": 59.073876, "fair_value": 57.131102, "relative_strength": -13.509688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.386673, "energy": 4.456459, "activity_lines": [ 58.958446, 59.270127, 58.79667, 58.806703 ] }, { "date": "2025-07-11", "close": 57.833637, "volume": 704645, "typical_volume": 498629.25, "trend": 58.85244, "fair_value": 57.068706, "relative_strength": -14.358111, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.394539, "energy": 13.233351, "activity_lines": [ 58.443193, 59.01281, 58.690563, 58.726687 ] }, { "date": "2025-07-18", "close": 56.562991, "volume": 576573, "typical_volume": 501096.35, "trend": 58.695106, "fair_value": 56.993196, "relative_strength": -16.360417, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.341161, "energy": 28.21844, "activity_lines": [ 57.694461, 58.534311, 58.474685, 58.578981 ] }, { "date": "2025-07-25", "close": 55.446363, "volume": 444758, "typical_volume": 504129.75, "trend": 58.504573, "fair_value": 56.889745, "relative_strength": -18.755397, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.412048, "energy": 52.581159, "activity_lines": [ 56.827388, 57.885046, 58.179103, 58.369384 ] }, { "date": "2025-08-01", "close": 52.173487, "volume": 543908, "typical_volume": 513319.45, "trend": 58.191492, "fair_value": 56.775145, "relative_strength": -21.107326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.217229, "energy": 73.970026, "activity_lines": [ 55.121001, 56.726451, 57.601138, 57.960927 ] }, { "date": "2025-08-08", "close": 51.509286, "volume": 676849, "typical_volume": 520220.05, "trend": 58.021235, "fair_value": 56.629468, "relative_strength": -23.402917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.120471, "energy": 79.417702, "activity_lines": [ 53.569272, 55.555356, 56.993417, 57.529817 ] }, { "date": "2025-08-15", "close": 53.270863, "volume": 500407, "typical_volume": 529066.45, "trend": 57.888099, "fair_value": 56.516613, "relative_strength": -20.944132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.816352, "energy": 75.948301, "activity_lines": [ 53.091176, 54.869645, 56.593395, 57.223342 ] }, { "date": "2025-08-22", "close": 55.995051, "volume": 529489, "typical_volume": 530481.8, "trend": 57.842326, "fair_value": 56.468182, "relative_strength": -16.591423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.699513, "energy": 68.103552, "activity_lines": [ 53.825327, 54.814037, 56.487534, 57.10121 ] }, { "date": "2025-08-29", "close": 57.275323, "volume": 386782, "typical_volume": 522033.8, "trend": 57.849871, "fair_value": 56.431271, "relative_strength": -14.100225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.848418, "energy": 33.950758, "activity_lines": [ 55.024098, 55.07077, 56.509507, 57.064629 ] }, { "date": "2025-09-05", "close": 58.237933, "volume": 505024, "typical_volume": 522132.65, "trend": 57.860705, "fair_value": 56.38696, "relative_strength": -12.336464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.398557, "energy": 17.034387, "activity_lines": [ 56.421808, 55.537898, 56.6083, 57.089665 ] }, { "date": "2025-09-12", "close": 56.235704, "volume": 433584, "typical_volume": 510784.85, "trend": 57.783199, "fair_value": 56.348086, "relative_strength": -16.040111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.200514, "energy": 22.752977, "activity_lines": [ 56.747812, 55.633284, 56.500448, 56.984826 ] }, { "date": "2025-09-19", "close": 56.149069, "volume": 646770, "typical_volume": 519873.4, "trend": 57.648339, "fair_value": 56.338415, "relative_strength": -16.641392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.479886, "energy": 20.22924, "activity_lines": [ 56.729844, 55.759649, 56.385933, 56.879398 ] }, { "date": "2025-09-26", "close": 56.505235, "volume": 567394, "typical_volume": 529492.55, "trend": 57.459928, "fair_value": 56.337026, "relative_strength": -15.376024, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.274353, "energy": 16.464579, "activity_lines": [ 56.638717, 55.9814, 56.315939, 56.80565 ] }, { "date": "2025-10-03", "close": 57.562866, "volume": 610623, "typical_volume": 535346.25, "trend": 57.325241, "fair_value": 56.357594, "relative_strength": -14.273577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.663376, "energy": 6.065356, "activity_lines": [ 56.866121, 56.396497, 56.355395, 56.812291 ] }, { "date": "2025-10-10", "close": 56.616654, "volume": 763868, "typical_volume": 541795.75, "trend": 57.238835, "fair_value": 56.372043, "relative_strength": -13.155903, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.714921, "energy": 7.734656, "activity_lines": [ 56.758952, 56.601074, 56.317113, 56.766576 ] }, { "date": "2025-10-17", "close": 58.772457, "volume": 864810, "typical_volume": 560266.15, "trend": 57.201437, "fair_value": 56.388536, "relative_strength": -10.944285, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.821824, "energy": 14.857979, "activity_lines": [ 57.478469, 57.11683, 56.491342, 56.865519 ] }, { "date": "2025-10-24", "close": 58.177416, "volume": 415291, "typical_volume": 554394.45, "trend": 57.121981, "fair_value": 56.38728, "relative_strength": -13.043868, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.069689, "energy": 20.245483, "activity_lines": [ 57.830522, 57.392339, 56.617553, 56.928485 ] }, { "date": "2025-10-31", "close": 57.796981, "volume": 582269, "typical_volume": 563634.4, "trend": 57.140726, "fair_value": 56.419287, "relative_strength": -13.800311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.655699, "energy": 24.710472, "activity_lines": [ 57.920541, 57.509468, 56.719472, 56.972034 ] }, { "date": "2025-11-07", "close": 58.353002, "volume": 682921, "typical_volume": 575756.3, "trend": 57.280651, "fair_value": 56.432929, "relative_strength": -11.010479, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.422487, "energy": 29.685608, "activity_lines": [ 58.109783, 57.694929, 56.886603, 57.050245 ] }, { "date": "2025-11-14", "close": 65.230111, "volume": 1988634, "typical_volume": 636435.25, "trend": 57.625419, "fair_value": 56.490277, "relative_strength": -0.287079, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.542617, "energy": 58.674621, "activity_lines": [ 60.53872, 59.11118, 57.71283, 57.563114 ] }, { "date": "2025-11-21", "close": 65.06428, "volume": 723005, "typical_volume": 657380.2, "trend": 57.908584, "fair_value": 56.552504, "relative_strength": 1.759561, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.252292, "energy": 78.221203, "activity_lines": [ 62.338149, 60.370149, 58.48795, 58.04304 ] }, { "date": "2025-11-28", "close": 65.122809, "volume": 585015, "typical_volume": 651398.7, "trend": 58.133507, "fair_value": 56.620021, "relative_strength": -1.432393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.395278, "energy": 81.584755, "activity_lines": [ 63.737632, 61.479241, 59.238843, 58.508474 ] }, { "date": "2025-12-05", "close": 62.137851, "volume": 717839, "typical_volume": 658462.0, "trend": 58.260198, "fair_value": 56.66446, "relative_strength": -5.936594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.177955, "energy": 77.025401, "activity_lines": [ 63.679104, 61.882453, 59.670744, 58.766819 ] }, { "date": "2025-12-12", "close": 63.893709, "volume": 1316418, "typical_volume": 702045.0, "trend": 58.38459, "fair_value": 56.740518, "relative_strength": -2.442856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.382485, "energy": 68.151306, "activity_lines": [ 63.91647, 62.502502, 60.243322, 59.130271 ] }, { "date": "2025-12-19", "close": 63.737632, "volume": 1381184, "typical_volume": 743908.8, "trend": 58.571577, "fair_value": 56.823892, "relative_strength": -2.580175, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.888518, "energy": 45.987731, "activity_lines": [ 63.73243, 62.979066, 60.76081, 59.475629 ] }, { "date": "2025-12-26", "close": 65.561773, "volume": 393226, "typical_volume": 729727.65, "trend": 58.737315, "fair_value": 56.923351, "relative_strength": -1.024437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.742223, "energy": 45.437948, "activity_lines": [ 64.255935, 63.657821, 61.396959, 59.926609 ] }, { "date": "2026-01-02", "close": 66.083971, "volume": 413885, "typical_volume": 725401.55, "trend": 58.917292, "fair_value": 57.016916, "relative_strength": 0.978408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.139576, "energy": 48.212422, "activity_lines": [ 64.920341, 64.308078, 62.015924, 60.400587 ] }, { "date": "2026-01-09", "close": 65.699131, "volume": 868881, "typical_volume": 742371.15, "trend": 59.094895, "fair_value": 57.097187, "relative_strength": -1.106462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.430563, "energy": 45.967604, "activity_lines": [ 65.392389, 64.744608, 62.537223, 60.838125 ] }, { "date": "2026-01-16", "close": 63.834136, "volume": 555721, "typical_volume": 750818.1, "trend": 59.248666, "fair_value": 57.153638, "relative_strength": -3.488605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.056062, "energy": 42.131211, "activity_lines": [ 65.005353, 64.698374, 62.834694, 61.143882 ] }, { "date": "2026-01-23", "close": 63.251942, "volume": 622724, "typical_volume": 756703.1, "trend": 59.429918, "fair_value": 57.196678, "relative_strength": -3.960334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.403883, "energy": 31.380739, "activity_lines": [ 64.428224, 64.446629, 63.045485, 61.402158 ] }, { "date": "2026-01-30", "close": 63.419692, "volume": 666659, "typical_volume": 768356.85, "trend": 59.583712, "fair_value": 57.220015, "relative_strength": -4.00476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.698047, "energy": 23.071889, "activity_lines": [ 63.939391, 64.26135, 63.248376, 61.659563 ] }, { "date": "2026-02-06", "close": 63.399957, "volume": 424607, "typical_volume": 757248.7, "trend": 59.769256, "fair_value": 57.250662, "relative_strength": -3.736036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.746452, "energy": 18.550218, "activity_lines": [ 63.586785, 64.102385, 63.415178, 61.905772 ] }, { "date": "2026-02-13", "close": 62.728954, "volume": 415178, "typical_volume": 749637.9, "trend": 59.974788, "fair_value": 57.298826, "relative_strength": -3.415128, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.258991, "energy": 18.582689, "activity_lines": [ 63.189446, 63.852744, 63.483547, 62.096721 ] }, { "date": "2026-02-20", "close": 61.317873, "volume": 726447, "typical_volume": 755429.1, "trend": 60.170505, "fair_value": 57.348661, "relative_strength": -6.402018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.620213, "energy": 11.044236, "activity_lines": [ 62.519759, 63.335796, 63.38789, 62.183371 ] }, { "date": "2026-02-27", "close": 62.067818, "volume": 604163, "typical_volume": 747443.85, "trend": 60.500316, "fair_value": 57.402046, "relative_strength": -4.485331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.057553, "energy": 11.968779, "activity_lines": [ 62.267803, 63.002034, 63.345776, 62.305778 ] }, { "date": "2026-03-06", "close": 62.255304, "volume": 461775, "typical_volume": 727292.1, "trend": 60.858517, "fair_value": 57.482879, "relative_strength": -1.946515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.047078, "energy": 12.757204, "activity_lines": [ 62.157285, 62.732721, 63.29556, 62.419004 ] }, { "date": "2026-03-13", "close": 61.19946, "volume": 519715, "typical_volume": 732513.3, "trend": 61.122803, "fair_value": 57.582644, "relative_strength": -1.860605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.034865, "energy": 12.148564, "activity_lines": [ 61.772445, 62.331554, 63.128202, 62.441 ] }, { "date": "2026-03-20", "close": 56.295215, "volume": 830273, "typical_volume": 744913.5, "trend": 61.132809, "fair_value": 57.655564, "relative_strength": -7.682372, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.652731, "energy": 50.25887, "activity_lines": [ 59.899556, 61.127516, 62.479383, 62.129543 ] }, { "date": "2026-03-27", "close": 57.005689, "volume": 686181, "typical_volume": 745076.5, "trend": 61.123821, "fair_value": 57.718153, "relative_strength": -3.9831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.70036, "energy": 58.508048, "activity_lines": [ 58.692407, 60.223635, 61.905379, 61.863277 ] }, { "date": "2026-04-03", "close": 59.9, "volume": 472370, "typical_volume": 669263.3, "trend": 61.179223, "fair_value": 57.794804, "relative_strength": -1.984743, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.337711, "energy": 55.434711, "activity_lines": [ 58.737508, 59.970146, 61.613439, 61.784321 ] }, { "date": "2026-04-10", "close": 63.92, "volume": 630506, "typical_volume": 664638.35, "trend": 61.435366, "fair_value": 57.898666, "relative_strength": 1.133447, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.785004, "energy": 23.212769, "activity_lines": [ 60.26713, 60.50851, 61.729738, 61.961145 ] }, { "date": "2026-04-17", "close": 65.1, "volume": 960515, "typical_volume": 683413.35, "trend": 61.733731, "fair_value": 58.010148, "relative_strength": -1.167696, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 17.475335, "energy": 13.229735, "activity_lines": [ 62.079106, 61.252323, 61.963867, 62.197573 ] }, { "date": "2026-04-24", "close": 66.49, "volume": 598049, "typical_volume": 677423.85, "trend": 62.066556, "fair_value": 58.123832, "relative_strength": 0.630207, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 47.598302, "energy": 38.457364, "activity_lines": [ 64.094379, 62.217954, 62.330486, 62.504429 ] }, { "date": "2026-05-01", "close": 67.466685, "volume": 585166, "typical_volume": 640861.25, "trend": 62.396683, "fair_value": 58.227313, "relative_strength": 1.380112, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 61.144687, "energy": 50.043903, "activity_lines": [ 65.755562, 63.292781, 62.769397, 62.852824 ] }, { "date": "2026-05-08", "close": 66.746435, "volume": 496640, "typical_volume": 596634.05, "trend": 62.734343, "fair_value": 58.324792, "relative_strength": -1.721735, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.478511, "energy": 62.011068, "activity_lines": [ 66.479261, 64.124857, 63.1227, 63.133454 ] }, { "date": "2026-05-15", "close": 66.075518, "volume": 476218, "typical_volume": 600783.65, "trend": 62.977778, "fair_value": 58.419799, "relative_strength": -2.648909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.169869, "energy": 65.37562, "activity_lines": [ 66.522892, 64.749882, 63.397777, 63.349013 ] }, { "date": "2026-05-22", "close": 67.328555, "volume": 519745, "typical_volume": 606076.65, "trend": 63.282816, "fair_value": 58.52561, "relative_strength": -1.431696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.847861, "energy": 58.754924, "activity_lines": [ 66.840501, 65.533274, 63.789745, 63.629709 ] }, { "date": "2026-05-29", "close": 66.578706, "volume": 333133, "typical_volume": 579289.25, "trend": 63.57554, "fair_value": 58.609042, "relative_strength": -3.603031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.146269, "energy": 39.395341, "activity_lines": [ 66.759591, 66.068892, 64.104373, 63.842347 ] }, { "date": "2026-06-05", "close": 58.468496, "volume": 992100, "typical_volume": 601108.2, "trend": 63.57939, "fair_value": 58.636827, "relative_strength": -12.746872, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -17.144834, "energy": 10.59365, "activity_lines": [ 63.969363, 64.942953, 63.642411, 63.51286 ] }, { "date": "2026-06-12", "close": 57.610116, "volume": 1265340, "typical_volume": 633239.0, "trend": 63.32539, "fair_value": 58.658666, "relative_strength": -14.066898, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.807092, "energy": 29.256568, "activity_lines": [ 61.492887, 63.634349, 63.124249, 63.127745 ] }, { "date": "2026-06-19", "close": 54.906713, "volume": 1211823, "typical_volume": 660497.2, "trend": 62.986805, "fair_value": 58.688841, "relative_strength": -18.381939, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.71247, "energy": 58.507121, "activity_lines": [ 58.724366, 61.875851, 62.375486, 62.584605 ] }, { "date": "2026-06-26", "close": 56.238682, "volume": 1077219, "typical_volume": 693127.8, "trend": 62.690667, "fair_value": 58.705139, "relative_strength": -14.037756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.9578, "energy": 71.347934, "activity_lines": [ 57.144421, 60.523407, 61.794115, 62.149242 ] }, { "date": "2026-07-03", "close": 57.24, "volume": 656694, "typical_volume": 705203.6, "trend": 62.527405, "fair_value": 58.721797, "relative_strength": -14.026427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.153867, "energy": 74.685513, "activity_lines": [ 56.637573, 59.514136, 61.34221, 61.797586 ] }, { "date": "2026-07-10", "close": 55.57, "volume": 562789, "typical_volume": 697020.7, "trend": 62.249948, "fair_value": 58.713053, "relative_strength": -17.300517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.590287, "energy": 75.546079, "activity_lines": [ 56.196639, 58.369411, 60.757394, 61.348721 ] }, { "date": "2026-07-17", "close": 55.82, "volume": 773417, "typical_volume": 705483.4, "trend": 61.986027, "fair_value": 58.712979, "relative_strength": -15.332144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.730499, "energy": 64.220355, "activity_lines": [ 56.032272, 57.486443, 60.223759, 60.933886 ] }, { "date": "2026-07-24", "close": 55.73, "volume": 655245, "typical_volume": 715156.9, "trend": 61.658302, "fair_value": 58.72927, "relative_strength": -14.737492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.767012, "energy": 49.050108, "activity_lines": [ 55.957245, 56.785774, 59.711304, 60.530271 ] }, { "date": "2026-07-31", "close": 54.84, "volume": 614227, "typical_volume": 719882.5, "trend": 61.283503, "fair_value": 58.721231, "relative_strength": -16.802024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.074765, "energy": 50.19153, "activity_lines": [ 55.530667, 56.111387, 59.14516, 60.090381 ] }, { "date": "2026-08-07", "close": 56.68, "volume": 1051013, "typical_volume": 730919.5, "trend": 60.982865, "fair_value": 58.72768, "relative_strength": -16.774466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.170948, "energy": 43.159417, "activity_lines": [ 55.810667, 55.998611, 58.784537, 59.793381 ] } ], "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." } } }