{ "ticker": { "uuid": "8c2ca882-f4cc-431b-b47c-3af9a28436aa", "symbol": "LPLA", "name": "LPL Financial Holdings Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 53.166, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 53.805, "architecture_energy": 72.621, "architecture_maturity": 15.775, "architecture_confidence": 62.311, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 19.43, "rotation_up": 77.45, "upward_expansion": 65.01, "deceleration": 20.93, "rotation_down": 16.11, "downward_expansion": 23.35 }, "activity_lines": [ 345.392, 325.968, 312.593109, 310.90851 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 362.63, "trend_reference": 316.101963, "distance_from_trend": 0.147193, "trend_direction": "Weakening", "fair_value": 298.818457, "distance_from_fair_value": 0.213546, "fair_value_direction": "Improving", "relative_strength": -4.844243, "relative_strength_direction": "Improving", "price_momentum": -0.056548, "excess_performance": -0.244001, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.147193, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.051562, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.213546, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.171457, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.048442, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.23328, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.056548, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.216081, "read": "Demand-led" } ], "volume": { "latest": 4052910, "relative_activity": 0.917689, "balance": 1.216081, "dry_up": 0.848864, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.068097, "annualized_volatility": 0.392788, "from_high_reference": -0.09196, "from_low_reference": 0.393927 }, "levels": { "trend_reference": 316.101963, "fair_value_reference": 298.818457, "structural_low": 260.15, "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": 4, "median_return": 0.049746, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.058013, "regime_survival": 0.5, "best_return": 0.25383, "worst_return": 0.003304, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.208479, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.19048, "regime_survival": 0.0, "best_return": 0.382109, "worst_return": 0.034849, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.128982, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.108138, "regime_survival": 0.0, "best_return": 0.207763, "worst_return": 0.050202, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.25518, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.02825, "regime_survival": 0.0, "best_return": 0.308613, "worst_return": 0.201747, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": 0.120246, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.25383, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-03-14", "tenure": "Established", "return": -0.00877, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.066728, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.060469, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": 0.033516, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-08-15", "tenure": "Developing", "return": -0.092675, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": -0.081255, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": -0.042465, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": 0.108041, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2026-03-06", "tenure": "Established", "return": -0.159806, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-07-10", "tenure": "Established", "return": 0.098019, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-24", "tenure": "New", "return": 0.011696, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.025247, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 222.540857, "volume": 1946037, "typical_volume": 3707475.2, "trend": 213.29796, "fair_value": 169.726893, "relative_strength": -13.041348, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.874519, "energy": 33.678171, "activity_lines": [ 224.341873, 222.350599, 214.102155, 211.684063 ] }, { "date": "2023-08-25", "close": 231.457913, "volume": 2674079, "typical_volume": 3676305.7, "trend": 213.401282, "fair_value": 170.698318, "relative_strength": -10.797832, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.538513, "energy": 39.27053, "activity_lines": [ 226.474972, 224.588447, 216.371718, 212.855672 ] }, { "date": "2023-09-01", "close": 231.675402, "volume": 2665065, "typical_volume": 3573004.3, "trend": 213.415719, "fair_value": 171.66243, "relative_strength": -13.638369, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.500912, "energy": 45.852315, "activity_lines": [ 228.413881, 226.408787, 218.455072, 214.034648 ] }, { "date": "2023-09-08", "close": 239.732388, "volume": 1981466, "typical_volume": 3518748.3, "trend": 213.528438, "fair_value": 172.710408, "relative_strength": -9.181604, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.33738, "energy": 63.91462, "activity_lines": [ 232.524269, 229.219745, 221.155395, 215.732498 ] }, { "date": "2023-09-15", "close": 244.260117, "volume": 2955818, "typical_volume": 3386566.5, "trend": 213.468246, "fair_value": 173.785047, "relative_strength": -6.699767, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.33259, "energy": 80.057415, "activity_lines": [ 237.380868, 232.398112, 224.10238, 217.715186 ] }, { "date": "2023-09-22", "close": 238.397795, "volume": 2881069, "typical_volume": 3209493.85, "trend": 213.300903, "fair_value": 174.844871, "relative_strength": -5.461386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.266389, "energy": 73.175141, "activity_lines": [ 238.869022, 234.105118, 226.308219, 219.323544 ] }, { "date": "2023-09-29", "close": 234.93774, "volume": 1916455, "typical_volume": 3092667.3, "trend": 212.746885, "fair_value": 175.871196, "relative_strength": -6.535283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.55938, "energy": 66.964172, "activity_lines": [ 238.146694, 234.806222, 227.945029, 220.719469 ] }, { "date": "2023-10-06", "close": 237.033545, "volume": 2279816, "typical_volume": 3031574.35, "trend": 213.050497, "fair_value": 176.875315, "relative_strength": -6.745067, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.236981, "energy": 48.253574, "activity_lines": [ 237.890979, 235.752379, 229.544849, 222.286351 ] }, { "date": "2023-10-13", "close": 225.259471, "volume": 2297550, "typical_volume": 2990556.7, "trend": 214.136265, "fair_value": 177.799604, "relative_strength": -10.806541, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.766356, "energy": 28.701302, "activity_lines": [ 233.353364, 234.320143, 229.82536, 223.074026 ] }, { "date": "2023-10-20", "close": 219.031372, "volume": 1961677, "typical_volume": 2907640.75, "trend": 215.128449, "fair_value": 178.68621, "relative_strength": -10.06082, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.429443, "energy": 17.629827, "activity_lines": [ 227.704577, 231.810569, 229.369501, 223.38984 ] }, { "date": "2023-10-27", "close": 218.932514, "volume": 3393035, "typical_volume": 2898284.45, "trend": 215.775607, "fair_value": 179.592458, "relative_strength": -6.948068, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.819632, "energy": 17.095259, "activity_lines": [ 223.704753, 229.355997, 228.814502, 223.635263 ] }, { "date": "2023-11-03", "close": 215.54166, "volume": 4564048, "typical_volume": 2912740.35, "trend": 216.693526, "fair_value": 180.500483, "relative_strength": -12.957075, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.566628, "energy": 21.527847, "activity_lines": [ 219.872331, 226.350512, 227.855537, 223.62017 ] }, { "date": "2023-11-10", "close": 226.265162, "volume": 3085972, "typical_volume": 2906388.35, "trend": 217.56572, "fair_value": 181.392377, "relative_strength": -10.728495, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.483277, "energy": 18.159473, "activity_lines": [ 220.90748, 225.584142, 227.873946, 224.237695 ] }, { "date": "2023-11-17", "close": 222.196606, "volume": 3701392, "typical_volume": 2951118.9, "trend": 218.273051, "fair_value": 182.254884, "relative_strength": -13.615364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.75635, "energy": 14.321149, "activity_lines": [ 221.304337, 224.176402, 227.406419, 224.536462 ] }, { "date": "2023-11-24", "close": 226.542338, "volume": 1527495, "typical_volume": 2901684.75, "trend": 218.962261, "fair_value": 183.128595, "relative_strength": -12.155516, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.761793, "energy": 9.273095, "activity_lines": [ 223.353962, 223.877627, 227.316894, 225.069964 ] }, { "date": "2023-12-01", "close": 219.751513, "volume": 4276879, "typical_volume": 2942677.0, "trend": 220.017222, "fair_value": 183.904381, "relative_strength": -14.297937, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.506472, "energy": 4.543946, "activity_lines": [ 222.639248, 222.666298, 226.558796, 225.120884 ] }, { "date": "2023-12-08", "close": 221.850135, "volume": 3677014, "typical_volume": 2951381.55, "trend": 221.2371, "fair_value": 184.717386, "relative_strength": -13.437371, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.470873, "energy": 10.098039, "activity_lines": [ 222.569474, 222.175561, 225.990672, 225.239136 ] }, { "date": "2023-12-15", "close": 207.773526, "volume": 5522643, "typical_volume": 2971130.25, "trend": 221.647547, "fair_value": 185.403354, "relative_strength": -21.017284, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.452042, "energy": 24.452857, "activity_lines": [ 217.386933, 219.363396, 224.108622, 224.370518 ] }, { "date": "2023-12-22", "close": 223.483497, "volume": 4326954, "typical_volume": 3004877.75, "trend": 222.590874, "fair_value": 186.188218, "relative_strength": -15.21266, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.746367, "energy": 21.305372, "activity_lines": [ 218.673824, 219.93959, 223.79985, 224.488967 ] }, { "date": "2023-12-29", "close": 225.324741, "volume": 1147671, "typical_volume": 2939106.75, "trend": 223.428727, "fair_value": 186.982514, "relative_strength": -14.146434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.611021, "energy": 12.139203, "activity_lines": [ 220.48867, 220.882846, 223.689308, 224.665345 ] }, { "date": "2024-01-05", "close": 232.184861, "volume": 2163849, "typical_volume": 2949997.35, "trend": 224.43766, "fair_value": 187.754978, "relative_strength": -8.037817, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.873693, "energy": 5.061852, "activity_lines": [ 224.671396, 222.958972, 224.221256, 225.230257 ] }, { "date": "2024-01-12", "close": 228.601364, "volume": 2380166, "typical_volume": 2935301.7, "trend": 225.180368, "fair_value": 188.479769, "relative_strength": -11.610202, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.074499, "energy": 13.08678, "activity_lines": [ 226.830734, 224.142601, 224.365994, 225.498883 ] }, { "date": "2024-01-19", "close": 237.183938, "volume": 1822828, "typical_volume": 2893189.85, "trend": 226.233515, "fair_value": 189.28328, "relative_strength": -10.211363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.003804, "energy": 29.793676, "activity_lines": [ 231.400847, 226.649249, 225.341722, 226.273307 ] }, { "date": "2024-01-26", "close": 240.559552, "volume": 2879799, "typical_volume": 2938106.5, "trend": 227.096748, "fair_value": 190.149536, "relative_strength": -8.916283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 41.082142, "energy": 50.688291, "activity_lines": [ 235.135471, 229.571122, 226.612707, 227.197568 ] }, { "date": "2024-02-02", "close": 248.676866, "volume": 4989364, "typical_volume": 3039783.8, "trend": 227.987361, "fair_value": 190.959665, "relative_strength": -6.462173, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.244904, "energy": 70.394835, "activity_lines": [ 240.437463, 233.634998, 228.65283, 228.589833 ] }, { "date": "2024-02-09", "close": 245.627924, "volume": 2528803, "typical_volume": 3022170.5, "trend": 228.919167, "fair_value": 191.721805, "relative_strength": -8.65082, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.38304, "energy": 70.983978, "activity_lines": [ 243.166332, 236.742075, 230.381546, 229.727934 ] }, { "date": "2024-02-16", "close": 255.061826, "volume": 3206221, "typical_volume": 3086658.8, "trend": 229.839308, "fair_value": 192.533815, "relative_strength": -3.016563, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.397322, "energy": 76.862378, "activity_lines": [ 248.143631, 241.093927, 232.974299, 231.414557 ] }, { "date": "2024-02-23", "close": 260.704349, "volume": 1777481, "typical_volume": 3061542.05, "trend": 231.064031, "fair_value": 193.384489, "relative_strength": -1.527303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.89094, "energy": 79.528988, "activity_lines": [ 253.23774, 245.867844, 236.008607, 233.40585 ] }, { "date": "2024-03-01", "close": 263.555307, "volume": 3006958, "typical_volume": 3097012.45, "trend": 232.239644, "fair_value": 194.238095, "relative_strength": -1.631085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.879412, "energy": 82.632242, "activity_lines": [ 257.714142, 250.197737, 239.201716, 235.502062 ] }, { "date": "2024-03-08", "close": 261.318097, "volume": 2225615, "typical_volume": 3110209.35, "trend": 233.515413, "fair_value": 195.018662, "relative_strength": -0.364314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.12594, "energy": 79.989055, "activity_lines": [ 259.911756, 253.392287, 241.999396, 237.378091 ] }, { "date": "2024-03-15", "close": 266.034967, "volume": 2488376, "typical_volume": 3064976.4, "trend": 234.965216, "fair_value": 195.809922, "relative_strength": 2.699953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.449891, "energy": 83.828533, "activity_lines": [ 262.838911, 256.790025, 245.044937, 239.476127 ] }, { "date": "2024-03-22", "close": 258.037268, "volume": 2573543, "typical_volume": 2965451.15, "trend": 235.851195, "fair_value": 196.578533, "relative_strength": -3.18644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.301529, "energy": 71.050823, "activity_lines": [ 261.739697, 258.118179, 247.104495, 240.964646 ] }, { "date": "2024-03-29", "close": 261.832954, "volume": 1676626, "typical_volume": 2894983.85, "trend": 236.856446, "fair_value": 197.360728, "relative_strength": -1.122907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.918169, "energy": 53.588082, "activity_lines": [ 261.70735, 259.60126, 249.323186, 242.640889 ] }, { "date": "2024-04-05", "close": 257.967896, "volume": 1982858, "typical_volume": 2809057.15, "trend": 237.464297, "fair_value": 198.098839, "relative_strength": -1.769812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.259701, "energy": 47.116056, "activity_lines": [ 260.311409, 259.933439, 251.004407, 244.002918 ] }, { "date": "2024-04-12", "close": 258.780549, "volume": 2570132, "typical_volume": 2861189.0, "trend": 237.948311, "fair_value": 198.83541, "relative_strength": -0.831878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.99488, "energy": 36.589264, "activity_lines": [ 259.558846, 260.096858, 252.592683, 245.37816 ] }, { "date": "2024-04-19", "close": 260.237379, "volume": 1937864, "typical_volume": 2744238.25, "trend": 238.676297, "fair_value": 199.575197, "relative_strength": 5.446011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.852819, "energy": 34.775598, "activity_lines": [ 259.461064, 260.341452, 254.16619, 246.816164 ] }, { "date": "2024-04-26", "close": 263.933961, "volume": 2484546, "typical_volume": 2684614.85, "trend": 239.642838, "fair_value": 200.287942, "relative_strength": 2.987088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.885195, "energy": 36.288781, "activity_lines": [ 260.981981, 260.992525, 255.898963, 248.445691 ] }, { "date": "2024-05-03", "close": 268.363913, "volume": 3796345, "typical_volume": 2598299.95, "trend": 240.687184, "fair_value": 201.033459, "relative_strength": 3.538585, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.983074, "energy": 47.660894, "activity_lines": [ 263.586436, 262.287732, 257.853236, 250.298663 ] }, { "date": "2024-05-10", "close": 266.233175, "volume": 2462454, "typical_volume": 2505074.95, "trend": 242.052974, "fair_value": 201.802995, "relative_strength": 1.094511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.474365, "energy": 46.376844, "activity_lines": [ 265.045248, 263.056268, 259.316057, 251.946792 ] }, { "date": "2024-05-17", "close": 265.37097, "volume": 2150370, "typical_volume": 2555209.9, "trend": 243.597627, "fair_value": 202.57294, "relative_strength": -1.405108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.14204, "energy": 49.207883, "activity_lines": [ 265.665639, 263.61935, 260.493192, 253.451179 ] }, { "date": "2024-05-24", "close": 282.16582, "volume": 2328580, "typical_volume": 2563446.45, "trend": 245.705404, "fair_value": 203.456115, "relative_strength": 3.243845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.998855, "energy": 75.30362, "activity_lines": [ 271.444953, 267.162353, 263.079141, 255.939449 ] }, { "date": "2024-05-31", "close": 283.961601, "volume": 2351836, "typical_volume": 2562029.95, "trend": 247.986068, "fair_value": 204.394865, "relative_strength": 5.360119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.233506, "energy": 79.947142, "activity_lines": [ 276.360964, 270.738574, 265.598112, 258.407591 ] }, { "date": "2024-06-07", "close": 277.859914, "volume": 2638688, "typical_volume": 2602822.95, "trend": 249.705894, "fair_value": 205.305892, "relative_strength": 0.281789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.890081, "energy": 74.175058, "activity_lines": [ 277.907903, 272.734045, 267.27235, 260.334936 ] }, { "date": "2024-06-14", "close": 274.992617, "volume": 2022178, "typical_volume": 2559941.9, "trend": 251.465761, "fair_value": 206.226142, "relative_strength": -4.14337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.294325, "energy": 68.696662, "activity_lines": [ 277.86601, 273.916791, 268.479817, 261.966337 ] }, { "date": "2024-06-21", "close": 277.443213, "volume": 1852437, "typical_volume": 2403095.55, "trend": 253.162456, "fair_value": 207.112279, "relative_strength": -3.512439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.194089, "energy": 51.172265, "activity_lines": [ 278.05702, 275.235558, 269.756707, 263.642302 ] }, { "date": "2024-06-28", "close": 277.105884, "volume": 3258656, "typical_volume": 2439588.2, "trend": 255.074269, "fair_value": 208.012402, "relative_strength": -3.548702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.042934, "energy": 42.899169, "activity_lines": [ 277.33077, 276.153673, 270.864488, 265.187039 ] }, { "date": "2024-07-05", "close": 273.841729, "volume": 1653094, "typical_volume": 2361931.85, "trend": 256.807322, "fair_value": 208.90487, "relative_strength": -7.787824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.715272, "energy": 32.383741, "activity_lines": [ 275.853798, 276.171604, 271.511502, 266.397843 ] }, { "date": "2024-07-12", "close": 261.588748, "volume": 2734745, "typical_volume": 2409795.05, "trend": 258.601163, "fair_value": 209.753718, "relative_strength": -11.534486, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.207672, "energy": 13.165302, "activity_lines": [ 270.967157, 273.781579, 270.902137, 266.706322 ] }, { "date": "2024-07-19", "close": 209.957562, "volume": 15009173, "typical_volume": 3009905.8, "trend": 258.150298, "fair_value": 210.229475, "relative_strength": -25.668317, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -49.907386, "energy": 45.554468, "activity_lines": [ 249.954865, 262.127251, 265.371305, 263.568025 ] }, { "date": "2024-07-26", "close": 219.50199, "volume": 11085417, "typical_volume": 3452895.9, "trend": 257.956206, "fair_value": 210.75377, "relative_strength": -19.934564, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.207563, "energy": 66.403549, "activity_lines": [ 236.459719, 253.231466, 261.004694, 261.074586 ] }, { "date": "2024-08-02", "close": 196.494165, "volume": 5971740, "typical_volume": 3627064.1, "trend": 256.766517, "fair_value": 211.106732, "relative_strength": -25.620986, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.713337, "energy": 84.937878, "activity_lines": [ 219.158046, 240.986422, 254.645985, 257.109293 ] }, { "date": "2024-08-09", "close": 194.986106, "volume": 5675601, "typical_volume": 3782167.0, "trend": 255.646008, "fair_value": 211.438843, "relative_strength": -26.02816, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.998679, "energy": 93.687963, "activity_lines": [ 206.727802, 230.024852, 248.474799, 253.12346 ] }, { "date": "2024-08-16", "close": 219.102259, "volume": 5115708, "typical_volume": 3954121.1, "trend": 255.043285, "fair_value": 211.949557, "relative_strength": -20.759037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.586678, "energy": 86.718813, "activity_lines": [ 207.593317, 225.065773, 244.900632, 250.765799 ] }, { "date": "2024-08-23", "close": 222.401214, "volume": 3463380, "typical_volume": 4028147.2, "trend": 254.438007, "fair_value": 212.429193, "relative_strength": -19.930819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.513082, "energy": 77.879044, "activity_lines": [ 212.390916, 221.774825, 241.844131, 248.659859 ] }, { "date": "2024-08-30", "close": 222.917918, "volume": 2914588, "typical_volume": 4045370.0, "trend": 253.579376, "fair_value": 212.919037, "relative_strength": -18.711729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.334442, "energy": 52.929217, "activity_lines": [ 216.531173, 219.534031, 239.006206, 246.626305 ] }, { "date": "2024-09-06", "close": 210.089754, "volume": 2364905, "typical_volume": 4066722.05, "trend": 252.39477, "fair_value": 213.362512, "relative_strength": -18.189646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.304677, "energy": 43.134971, "activity_lines": [ 216.167647, 215.952212, 235.117324, 243.820523 ] }, { "date": "2024-09-13", "close": 204.406013, "volume": 4158513, "typical_volume": 4150420.4, "trend": 250.706243, "fair_value": 213.752373, "relative_strength": -24.272062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.352395, "energy": 45.331694, "activity_lines": [ 213.003168, 212.555461, 230.925933, 240.724474 ] }, { "date": "2024-09-20", "close": 214.153827, "volume": 5572533, "typical_volume": 4239229.8, "trend": 249.154559, "fair_value": 214.149361, "relative_strength": -21.225934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.929538, "energy": 41.006598, "activity_lines": [ 212.459967, 212.193507, 227.946371, 238.366254 ] }, { "date": "2024-09-27", "close": 229.396588, "volume": 4630761, "typical_volume": 4347645.15, "trend": 248.015935, "fair_value": 214.615594, "relative_strength": -15.941937, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.73893, "energy": 34.352032, "activity_lines": [ 217.327581, 215.465417, 226.676643, 237.091546 ] }, { "date": "2024-10-04", "close": 241.479506, "volume": 4579767, "typical_volume": 4469115.0, "trend": 247.354649, "fair_value": 215.114957, "relative_strength": -11.133635, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -29.821621, "energy": 17.731438, "activity_lines": [ 225.756476, 220.580785, 226.733083, 236.669841 ] }, { "date": "2024-10-11", "close": 246.517367, "volume": 3911348, "typical_volume": 4548253.4, "trend": 246.704062, "fair_value": 215.613698, "relative_strength": -10.01409, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -12.646727, "energy": 18.526319, "activity_lines": [ 234.627219, 226.212536, 227.383087, 236.615822 ] }, { "date": "2024-10-18", "close": 256.980618, "volume": 4865772, "typical_volume": 4673950.2, "trend": 246.66884, "fair_value": 216.164465, "relative_strength": -6.072809, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 14.746076, "energy": 31.402861, "activity_lines": [ 244.557205, 232.837184, 229.199346, 237.278826 ] }, { "date": "2024-10-25", "close": 259.275975, "volume": 2905964, "typical_volume": 4687314.0, "trend": 246.583608, "fair_value": 216.798158, "relative_strength": -5.017142, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.844315, "energy": 55.678239, "activity_lines": [ 251.747337, 238.751997, 231.362691, 238.09219 ] }, { "date": "2024-11-01", "close": 279.029957, "volume": 4346471, "typical_volume": 4803528.65, "trend": 247.285676, "fair_value": 217.53221, "relative_strength": 3.938454, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.703805, "energy": 74.828542, "activity_lines": [ 262.513985, 247.528011, 235.495863, 240.185502 ] }, { "date": "2024-11-08", "close": 310.27066, "volume": 5498585, "typical_volume": 4985836.05, "trend": 249.002013, "fair_value": 218.485573, "relative_strength": 9.56594, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.893559, "energy": 82.582764, "activity_lines": [ 280.38531, 260.95454, 242.585114, 244.24905 ] }, { "date": "2024-11-15", "close": 312.327045, "volume": 2775233, "typical_volume": 4961664.9, "trend": 250.738336, "fair_value": 219.457329, "relative_strength": 13.99773, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.779117, "energy": 86.74131, "activity_lines": [ 294.35602, 273.166725, 249.713891, 248.334536 ] }, { "date": "2024-11-22", "close": 325.087876, "volume": 2471610, "typical_volume": 5002590.7, "trend": 252.776799, "fair_value": 220.537824, "relative_strength": 16.260853, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.559984, "energy": 96.027236, "activity_lines": [ 308.193029, 285.840201, 257.890265, 253.13128 ] }, { "date": "2024-11-29", "close": 323.397041, "volume": 2030650, "typical_volume": 4967385.95, "trend": 254.611237, "fair_value": 221.619221, "relative_strength": 14.492997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.696361, "energy": 92.27196, "activity_lines": [ 316.925941, 296.012038, 265.661578, 257.687425 ] }, { "date": "2024-12-06", "close": 325.794048, "volume": 2044035, "typical_volume": 4319129.05, "trend": 256.596599, "fair_value": 222.701291, "relative_strength": 11.48368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.907607, "energy": 90.735946, "activity_lines": [ 322.183119, 304.633453, 273.366851, 262.279864 ] }, { "date": "2024-12-13", "close": 328.449653, "volume": 2044304, "typical_volume": 3867073.4, "trend": 258.699222, "fair_value": 223.819033, "relative_strength": 11.137832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.058203, "energy": 86.794364, "activity_lines": [ 325.207892, 311.985025, 280.773438, 266.915545 ] }, { "date": "2024-12-20", "close": 326.162053, "volume": 2877461, "typical_volume": 3712359.45, "trend": 260.165763, "fair_value": 224.888643, "relative_strength": 12.582677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.851078, "energy": 67.150297, "activity_lines": [ 326.258199, 317.339393, 287.443359, 271.267986 ] }, { "date": "2024-12-27", "close": 330.125569, "volume": 1060704, "typical_volume": 3481614.6, "trend": 261.704562, "fair_value": 225.999609, "relative_strength": 12.6171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.977213, "energy": 67.498124, "activity_lines": [ 327.707344, 321.966316, 293.873292, 275.781522 ] }, { "date": "2025-01-03", "close": 331.294235, "volume": 1797011, "typical_volume": 3315679.75, "trend": 263.485706, "fair_value": 227.009313, "relative_strength": 13.687644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.309019, "energy": 66.592213, "activity_lines": [ 329.210198, 325.475816, 299.771005, 280.271178 ] }, { "date": "2025-01-10", "close": 328.628683, "volume": 2298867, "typical_volume": 3257454.1, "trend": 265.273575, "fair_value": 228.012164, "relative_strength": 14.965278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.936914, "energy": 63.019812, "activity_lines": [ 329.298055, 327.191247, 304.880609, 284.473951 ] }, { "date": "2025-01-17", "close": 347.048837, "volume": 2390911, "typical_volume": 3231270.25, "trend": 267.593763, "fair_value": 229.23199, "relative_strength": 17.627338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.389, "energy": 68.811962, "activity_lines": [ 335.336988, 331.354001, 311.238667, 289.749774 ] }, { "date": "2025-01-24", "close": 358.347593, "volume": 2093020, "typical_volume": 3217676.0, "trend": 270.30182, "fair_value": 230.484747, "relative_strength": 19.219299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.477463, "energy": 70.998227, "activity_lines": [ 343.902227, 336.902381, 318.081699, 295.60486 ] }, { "date": "2025-01-31", "close": 364.912011, "volume": 3963712, "typical_volume": 3207935.95, "trend": 273.337496, "fair_value": 231.6859, "relative_strength": 22.629062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.603124, "energy": 72.205772, "activity_lines": [ 352.509903, 342.807554, 324.843923, 301.708743 ] }, { "date": "2025-02-07", "close": 367.149881, "volume": 3221628, "typical_volume": 3090390.7, "trend": 276.8562, "fair_value": 232.864729, "relative_strength": 22.666178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.667724, "energy": 89.785365, "activity_lines": [ 359.544439, 348.395538, 331.054963, 307.761155 ] }, { "date": "2025-02-14", "close": 371.963787, "volume": 3628597, "typical_volume": 3040282.5, "trend": 282.256408, "fair_value": 234.111588, "relative_strength": 20.372068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.136847, "energy": 87.291728, "activity_lines": [ 365.793234, 354.063271, 336.995918, 313.897128 ] }, { "date": "2025-02-21", "close": 370.123761, "volume": 3931586, "typical_volume": 3007873.45, "trend": 287.277133, "fair_value": 235.336793, "relative_strength": 22.102933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.661547, "energy": 78.932979, "activity_lines": [ 368.539681, 358.557003, 342.082741, 319.56599 ] }, { "date": "2025-02-28", "close": 369.735863, "volume": 4830731, "typical_volume": 3053842.6, "trend": 293.051857, "fair_value": 236.720384, "relative_strength": 25.717373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.376232, "energy": 65.94749, "activity_lines": [ 369.6185, 362.222498, 346.52003, 324.885908 ] }, { "date": "2025-03-07", "close": 332.099868, "volume": 5808272, "typical_volume": 3100967.6, "trend": 297.622315, "fair_value": 237.864601, "relative_strength": 16.385472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.193152, "energy": 44.840948, "activity_lines": [ 357.392769, 358.252834, 346.786183, 327.405135 ] }, { "date": "2025-03-14", "close": 320.560805, "volume": 5454715, "typical_volume": 3228405.15, "trend": 301.004267, "fair_value": 238.781124, "relative_strength": 14.985982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.720997, "energy": 20.008345, "activity_lines": [ 343.50816, 352.149262, 345.595667, 328.885037 ] }, { "date": "2025-03-21", "close": 326.444572, "volume": 3709573, "typical_volume": 3196560.25, "trend": 304.472379, "fair_value": 239.693919, "relative_strength": 16.430943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.743079, "energy": 24.505779, "activity_lines": [ 334.690745, 347.310619, 344.673678, 330.526347 ] }, { "date": "2025-03-28", "close": 335.394669, "volume": 2725003, "typical_volume": 3057881.15, "trend": 308.221604, "fair_value": 240.690625, "relative_strength": 21.990198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.657355, "energy": 23.127494, "activity_lines": [ 331.89131, 344.138977, 344.378295, 332.521334 ] }, { "date": "2025-04-04", "close": 282.052491, "volume": 13011854, "typical_volume": 3569712.2, "trend": 310.620362, "fair_value": 241.272443, "relative_strength": 13.528168, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.405557, "energy": 33.227782, "activity_lines": [ 313.626422, 331.480652, 338.883066, 330.833004 ] }, { "date": "2025-04-11", "close": 310.037721, "volume": 7752610, "typical_volume": 3833762.2, "trend": 314.141419, "fair_value": 241.906241, "relative_strength": 15.744178, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.983031, "energy": 29.588212, "activity_lines": [ 310.535502, 325.297734, 336.197262, 330.795414 ] }, { "date": "2025-04-18", "close": 304.66169, "volume": 1894862, "typical_volume": 3826972.8, "trend": 317.158347, "fair_value": 242.628902, "relative_strength": 16.168169, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.297642, "energy": 36.735604, "activity_lines": [ 307.123381, 319.13507, 333.071122, 330.183819 ] }, { "date": "2025-04-25", "close": 313.143872, "volume": 3432086, "typical_volume": 3896375.35, "trend": 319.949924, "fair_value": 243.454738, "relative_strength": 12.041545, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.702895, "energy": 37.762239, "activity_lines": [ 307.598596, 315.650769, 330.842025, 329.92482 ] }, { "date": "2025-05-02", "close": 332.07945, "volume": 2963803, "typical_volume": 3942350.3, "trend": 322.969922, "fair_value": 244.456544, "relative_strength": 14.640772, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.797724, "energy": 16.997373, "activity_lines": [ 315.272383, 316.678755, 330.476556, 330.70737 ] }, { "date": "2025-05-09", "close": 358.820228, "volume": 3257785, "typical_volume": 3961366.5, "trend": 326.71335, "fair_value": 245.660078, "relative_strength": 23.571568, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.213979, "energy": 12.385703, "activity_lines": [ 332.080777, 323.260414, 332.640542, 333.020293 ] }, { "date": "2025-05-16", "close": 382.902857, "volume": 3917523, "typical_volume": 4104207.45, "trend": 330.910758, "fair_value": 247.002453, "relative_strength": 22.816031, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.382923, "energy": 39.697977, "activity_lines": [ 351.798865, 334.4192, 336.942597, 336.645423 ] }, { "date": "2025-05-23", "close": 370.846609, "volume": 2144909, "typical_volume": 4121602.35, "trend": 334.629779, "fair_value": 248.116989, "relative_strength": 21.391967, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.432468, "energy": 46.102662, "activity_lines": [ 362.640529, 342.46225, 339.845118, 339.221929 ] }, { "date": "2025-05-30", "close": 385.740207, "volume": 3271711, "typical_volume": 4170244.55, "trend": 338.186788, "fair_value": 249.344165, "relative_strength": 23.434274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.882323, "energy": 70.271035, "activity_lines": [ 374.034397, 352.298939, 343.977731, 342.519376 ] }, { "date": "2025-06-06", "close": 387.533606, "volume": 2313879, "typical_volume": 4166392.95, "trend": 340.762219, "fair_value": 250.64049, "relative_strength": 20.98579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.736907, "energy": 76.148649, "activity_lines": [ 381.186308, 361.383598, 348.009186, 345.703042 ] }, { "date": "2025-06-13", "close": 372.708174, "volume": 2332333, "typical_volume": 4178358.6, "trend": 342.774924, "fair_value": 251.862308, "relative_strength": 16.529295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.727326, "energy": 67.565327, "activity_lines": [ 379.699466, 366.824744, 350.435909, 347.764071 ] }, { "date": "2025-06-20", "close": 378.188005, "volume": 1443751, "typical_volume": 4052360.55, "trend": 344.544928, "fair_value": 253.097655, "relative_strength": 17.762261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.45197, "energy": 59.46806, "activity_lines": [ 379.113371, 371.613937, 353.316137, 350.048786 ] }, { "date": "2025-06-27", "close": 363.621619, "volume": 5080493, "typical_volume": 4145303.8, "trend": 345.885747, "fair_value": 254.287419, "relative_strength": 8.434038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.071361, "energy": 36.476893, "activity_lines": [ 373.986137, 372.515601, 354.745872, 351.27954 ] }, { "date": "2025-07-04", "close": 382.701392, "volume": 3238310, "typical_volume": 4125789.45, "trend": 347.782659, "fair_value": 255.595649, "relative_strength": 11.98736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.376411, "energy": 34.20315, "activity_lines": [ 375.700494, 375.814315, 358.009529, 353.654743 ] }, { "date": "2025-07-11", "close": 370.605912, "volume": 3269614, "typical_volume": 4092690.85, "trend": 349.187867, "fair_value": 256.845297, "relative_strength": 8.378076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.79504, "energy": 30.648848, "activity_lines": [ 373.585611, 375.649169, 360.070104, 355.127211 ] }, { "date": "2025-07-18", "close": 391.867654, "volume": 4531871, "typical_volume": 4077747.85, "trend": 351.378054, "fair_value": 258.145855, "relative_strength": 12.265759, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.631213, "energy": 39.717074, "activity_lines": [ 379.686489, 378.649313, 364.153311, 357.880746 ] }, { "date": "2025-07-25", "close": 378.646318, "volume": 3146462, "typical_volume": 3944657.35, "trend": 352.995412, "fair_value": 259.25128, "relative_strength": 6.865503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.819816, "energy": 41.428574, "activity_lines": [ 380.102956, 378.644716, 366.871954, 359.639989 ] }, { "date": "2025-08-01", "close": 368.553467, "volume": 7660951, "typical_volume": 4054969.15, "trend": 354.237387, "fair_value": 260.196173, "relative_strength": 5.631689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.842727, "energy": 29.665947, "activity_lines": [ 377.124586, 376.882446, 368.407723, 360.643734 ] }, { "date": "2025-08-08", "close": 368.483723, "volume": 3175559, "typical_volume": 4028268.45, "trend": 355.565888, "fair_value": 261.125255, "relative_strength": 1.175872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.633088, "energy": 23.948419, "activity_lines": [ 373.794177, 375.14919, 369.708313, 361.562853 ] }, { "date": "2025-08-15", "close": 349.991786, "volume": 4142636, "typical_volume": 4099150.1, "trend": 355.663986, "fair_value": 261.954343, "relative_strength": -4.777298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.701387, "energy": 13.638618, "activity_lines": [ 365.247634, 370.367517, 369.04758, 361.203233 ] }, { "date": "2025-08-22", "close": 361.41952, "volume": 3353512, "typical_volume": 3616233.0, "trend": 355.766384, "fair_value": 262.845529, "relative_strength": -1.240057, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.605512, "energy": 14.879154, "activity_lines": [ 361.884611, 368.346192, 369.405693, 361.574558 ] }, { "date": "2025-08-29", "close": 363.453776, "volume": 2738316, "typical_volume": 3365518.3, "trend": 355.717776, "fair_value": 263.793312, "relative_strength": -0.906815, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.4444, "energy": 14.16003, "activity_lines": [ 361.229549, 366.899981, 369.579605, 362.070519 ] }, { "date": "2025-09-05", "close": 332.052439, "volume": 3329868, "typical_volume": 3437268.6, "trend": 354.547861, "fair_value": 264.464099, "relative_strength": -10.639839, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.829955, "energy": 29.657869, "activity_lines": [ 351.12021, 360.01233, 366.508553, 360.543723 ] }, { "date": "2025-09-12", "close": 349.652744, "volume": 6077366, "typical_volume": 3569532.6, "trend": 353.80416, "fair_value": 265.256219, "relative_strength": -8.051939, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.228367, "energy": 30.422357, "activity_lines": [ 349.311042, 356.89872, 364.983287, 360.227909 ] }, { "date": "2025-09-19", "close": 334.804668, "volume": 6411686, "typical_volume": 3741926.75, "trend": 352.626857, "fair_value": 266.00718, "relative_strength": -14.106688, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.799185, "energy": 39.993377, "activity_lines": [ 343.807914, 351.686345, 361.870068, 359.002135 ] }, { "date": "2025-09-26", "close": 339.561237, "volume": 3623599, "typical_volume": 3760217.45, "trend": 351.621036, "fair_value": 266.806659, "relative_strength": -12.740518, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.115929, "energy": 41.406482, "activity_lines": [ 340.902783, 347.989731, 359.196877, 358.159192 ] }, { "date": "2025-10-03", "close": 313.843851, "volume": 5406509, "typical_volume": 3834666.75, "trend": 351.012502, "fair_value": 267.289999, "relative_strength": -20.36529, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.272456, "energy": 51.470048, "activity_lines": [ 330.882409, 340.568256, 354.166122, 355.721954 ] }, { "date": "2025-10-10", "close": 314.352415, "volume": 3972040, "typical_volume": 3926023.3, "trend": 350.805556, "fair_value": 267.801435, "relative_strength": -18.459446, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.573077, "energy": 56.651996, "activity_lines": [ 324.338885, 334.417473, 349.512653, 353.356787 ] }, { "date": "2025-10-17", "close": 336.988502, "volume": 5877455, "typical_volume": 4056310.5, "trend": 351.15702, "fair_value": 268.4581, "relative_strength": -14.765417, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.016845, "energy": 46.801299, "activity_lines": [ 326.520724, 333.367816, 347.284022, 352.465364 ] }, { "date": "2025-10-24", "close": 339.291998, "volume": 3052532, "typical_volume": 4093243.15, "trend": 351.286931, "fair_value": 268.992934, "relative_strength": -16.072406, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.302606, "energy": 36.902367, "activity_lines": [ 330.314679, 333.309616, 345.506923, 351.699879 ] }, { "date": "2025-10-31", "close": 376.247652, "volume": 6319840, "typical_volume": 4292618.5, "trend": 354.42677, "fair_value": 269.722177, "relative_strength": -8.762472, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -15.113468, "energy": 11.554658, "activity_lines": [ 346.128029, 340.165169, 347.479132, 353.310248 ] }, { "date": "2025-11-07", "close": 372.448379, "volume": 4041082, "typical_volume": 4422485.05, "trend": 356.507125, "fair_value": 270.67025, "relative_strength": -6.831877, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.943522, "energy": 20.192082, "activity_lines": [ 358.229194, 346.060341, 349.07265, 354.472933 ] }, { "date": "2025-11-14", "close": 369.844242, "volume": 2490089, "typical_volume": 4292964.85, "trend": 358.679877, "fair_value": 271.664158, "relative_strength": -7.281912, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.818272, "energy": 28.48482, "activity_lines": [ 365.555345, 351.318497, 350.445487, 355.333392 ] }, { "date": "2025-11-21", "close": 343.32771, "volume": 3518533, "typical_volume": 4306976.0, "trend": 359.686005, "fair_value": 272.402656, "relative_strength": -11.020687, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.653198, "energy": 20.458403, "activity_lines": [ 360.343197, 351.06834, 349.263309, 354.342929 ] }, { "date": "2025-11-28", "close": 355.323522, "volume": 1631391, "typical_volume": 4225064.85, "trend": 360.460807, "fair_value": 273.193127, "relative_strength": -12.08558, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.582644, "energy": 14.21881, "activity_lines": [ 358.707039, 353.114242, 349.411083, 354.061479 ] }, { "date": "2025-12-05", "close": 370.263397, "volume": 2045414, "typical_volume": 4100742.0, "trend": 360.842246, "fair_value": 274.171929, "relative_strength": -9.220985, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.73927, "energy": 15.423918, "activity_lines": [ 360.982071, 357.503414, 351.054475, 354.693904 ] }, { "date": "2025-12-12", "close": 380.193374, "volume": 4036992, "typical_volume": 4145268.5, "trend": 360.75193, "fair_value": 275.30335, "relative_strength": -4.976923, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.250281, "energy": 18.579394, "activity_lines": [ 366.966046, 363.139815, 353.746456, 355.942364 ] }, { "date": "2025-12-19", "close": 361.730603, "volume": 5362296, "typical_volume": 4030335.75, "trend": 360.448063, "fair_value": 276.260833, "relative_strength": -9.971854, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.872666, "energy": 17.130822, "activity_lines": [ 366.27943, 364.212994, 354.672712, 356.005504 ] }, { "date": "2025-12-26", "close": 371.411083, "volume": 1907565, "typical_volume": 3966936.05, "trend": 359.970426, "fair_value": 277.27772, "relative_strength": -8.586316, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.386122, "energy": 25.688602, "activity_lines": [ 369.360551, 366.184838, 356.553408, 356.712796 ] }, { "date": "2026-01-02", "close": 360.902273, "volume": 2010683, "typical_volume": 3860338.4, "trend": 359.082715, "fair_value": 278.188312, "relative_strength": -9.469661, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.636655, "energy": 19.296841, "activity_lines": [ 367.06651, 365.620125, 357.419324, 356.772915 ] }, { "date": "2026-01-09", "close": 359.095915, "volume": 2821944, "typical_volume": 3833760.0, "trend": 358.628973, "fair_value": 279.037163, "relative_strength": -11.663455, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.171664, "energy": 6.896328, "activity_lines": [ 363.798433, 364.334069, 358.061253, 356.773767 ] }, { "date": "2026-01-16", "close": 377.858083, "volume": 2691361, "typical_volume": 3831412.25, "trend": 358.617975, "fair_value": 280.044079, "relative_strength": -6.073674, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.829224, "energy": 17.331479, "activity_lines": [ 367.528911, 366.771166, 360.501119, 358.014354 ] }, { "date": "2026-01-23", "close": 361.381307, "volume": 2053154, "typical_volume": 3767576.55, "trend": 358.543298, "fair_value": 280.896791, "relative_strength": -10.11396, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.332997, "energy": 6.090275, "activity_lines": [ 365.922816, 366.114127, 361.303176, 358.192634 ] }, { "date": "2026-01-30", "close": 363.766497, "volume": 4384280, "typical_volume": 3682922.25, "trend": 357.912135, "fair_value": 281.746305, "relative_strength": -9.079557, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.329958, "energy": 16.419253, "activity_lines": [ 365.135071, 366.044631, 362.192733, 358.529614 ] }, { "date": "2026-02-06", "close": 384.364962, "volume": 5015526, "typical_volume": 3613114.25, "trend": 358.37077, "fair_value": 282.695114, "relative_strength": -1.784839, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.046034, "energy": 37.956107, "activity_lines": [ 371.72312, 369.348696, 364.97684, 360.236248 ] }, { "date": "2026-02-13", "close": 334.026466, "volume": 10082595, "typical_volume": 3936064.05, "trend": 356.44273, "fair_value": 283.258964, "relative_strength": -13.188134, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 10.125578, "energy": 7.000959, "activity_lines": [ 359.967491, 362.972281, 362.730804, 358.665648 ] }, { "date": "2026-02-20", "close": 318.577617, "volume": 4665845, "typical_volume": 3899030.85, "trend": 354.44044, "fair_value": 283.740756, "relative_strength": -17.685089, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -28.339261, "energy": 31.662818, "activity_lines": [ 344.733542, 354.445837, 359.039804, 356.222738 ] }, { "date": "2026-02-27", "close": 299.775529, "volume": 6313760, "typical_volume": 4016116.85, "trend": 352.147842, "fair_value": 284.049841, "relative_strength": -21.787177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -38.928132, "energy": 54.963793, "activity_lines": [ 327.184262, 343.621119, 353.535588, 352.695969 ] }, { "date": "2026-03-06", "close": 312.929007, "volume": 4385694, "typical_volume": 3941528.8, "trend": 350.296018, "fair_value": 284.594737, "relative_strength": -16.931794, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.890063, "energy": 70.706757, "activity_lines": [ 318.126526, 336.314398, 349.353498, 350.165722 ] }, { "date": "2026-03-13", "close": 288.729052, "volume": 5110715, "typical_volume": 4044437.95, "trend": 348.253927, "fair_value": 285.210395, "relative_strength": -22.135468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.934635, "energy": 80.488333, "activity_lines": [ 304.391305, 325.670995, 342.981219, 346.193659 ] }, { "date": "2026-03-20", "close": 292.774835, "volume": 7266270, "typical_volume": 4091759.45, "trend": 345.965771, "fair_value": 285.873914, "relative_strength": -19.015605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.82548, "energy": 80.29242, "activity_lines": [ 298.380405, 317.07543, 337.235029, 342.614363 ] }, { "date": "2026-03-27", "close": 296.590858, "volume": 3728022, "typical_volume": 4076106.45, "trend": 343.737007, "fair_value": 286.496177, "relative_strength": -14.72008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.88592, "energy": 73.913084, "activity_lines": [ 296.391622, 310.379525, 332.249759, 339.428885 ] }, { "date": "2026-04-03", "close": 293.364221, "volume": 3564060, "typical_volume": 4129805.0, "trend": 342.4474, "fair_value": 287.171563, "relative_strength": -18.449067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.476406, "energy": 67.529651, "activity_lines": [ 294.793077, 304.574545, 327.318416, 336.179028 ] }, { "date": "2026-04-10", "close": 312.204584, "volume": 4037073, "typical_volume": 4155732.0, "trend": 341.199128, "fair_value": 287.890186, "relative_strength": -16.460902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.778103, "energy": 45.165088, "activity_lines": [ 299.902073, 303.431759, 324.545585, 334.227878 ] }, { "date": "2026-04-17", "close": 317.079502, "volume": 4155250, "typical_volume": 4281924.95, "trend": 340.608289, "fair_value": 288.634435, "relative_strength": -19.589294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.326612, "energy": 32.283144, "activity_lines": [ 306.684337, 304.112812, 322.385236, 332.671773 ] }, { "date": "2026-04-24", "close": 320.176274, "volume": 3063549, "typical_volume": 4332831.7, "trend": 339.962124, "fair_value": 289.367193, "relative_strength": -20.091935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.460065, "energy": 23.413828, "activity_lines": [ 312.608829, 306.580286, 320.701933, 331.353579 ] }, { "date": "2026-05-01", "close": 318.298232, "volume": 4251912, "typical_volume": 4343577.7, "trend": 340.110603, "fair_value": 290.20178, "relative_strength": -21.244613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.985616, "energy": 21.637405, "activity_lines": [ 316.080543, 308.958119, 319.078279, 329.955908 ] }, { "date": "2026-05-08", "close": 303.203965, "volume": 4150884, "typical_volume": 4283007.1, "trend": 339.738988, "fair_value": 290.957871, "relative_strength": -28.172274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.754482, "energy": 21.381704, "activity_lines": [ 313.073678, 308.59662, 316.311814, 327.574835 ] }, { "date": "2026-05-15", "close": 299.417911, "volume": 4695292, "typical_volume": 4422393.45, "trend": 338.486635, "fair_value": 291.624267, "relative_strength": -28.106248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.71177, "energy": 27.251208, "activity_lines": [ 308.148811, 307.484412, 313.463471, 324.973475 ] }, { "date": "2026-05-22", "close": 285.78, "volume": 6112837, "typical_volume": 4627501.15, "trend": 336.702902, "fair_value": 292.205012, "relative_strength": -31.457879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.136992, "energy": 44.796139, "activity_lines": [ 299.530418, 304.138241, 309.659104, 321.573047 ] }, { "date": "2026-05-29", "close": 273.77, "volume": 5840261, "typical_volume": 4778417.0, "trend": 333.28698, "fair_value": 292.676684, "relative_strength": -35.383582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.116853, "energy": 68.283051, "activity_lines": [ 288.995326, 298.662052, 305.068652, 317.51286 ] }, { "date": "2026-06-05", "close": 288.49, "volume": 5542252, "typical_volume": 4920961.55, "trend": 330.488367, "fair_value": 293.23164, "relative_strength": -27.91349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.528197, "energy": 63.036753, "activity_lines": [ 286.460652, 296.207769, 302.286419, 314.622732 ] }, { "date": "2026-06-12", "close": 295.66, "volume": 4986873, "typical_volume": 5067647.5, "trend": 328.015559, "fair_value": 293.804332, "relative_strength": -27.047714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.230024, "energy": 55.231511, "activity_lines": [ 288.303194, 295.204411, 300.612606, 312.375741 ] }, { "date": "2026-06-19", "close": 293.95, "volume": 3219268, "typical_volume": 5009396.9, "trend": 326.369636, "fair_value": 294.370745, "relative_strength": -28.566534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.204968, "energy": 38.593838, "activity_lines": [ 290.078667, 293.848403, 299.088894, 310.177963 ] }, { "date": "2026-06-26", "close": 268.75, "volume": 7828926, "typical_volume": 5150066.9, "trend": 323.483852, "fair_value": 294.71746, "relative_strength": -30.931947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.132742, "energy": 41.449622, "activity_lines": [ 283.818667, 288.242478, 295.497642, 306.460567 ] }, { "date": "2026-07-03", "close": 295.18, "volume": 4971076, "typical_volume": 4894490.95, "trend": 320.981072, "fair_value": 295.186828, "relative_strength": -24.053919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.384687, "energy": 29.941555, "activity_lines": [ 287.504, 288.320725, 294.974079, 304.634512 ] }, { "date": "2026-07-10", "close": 317.03, "volume": 3185284, "typical_volume": 4820462.9, "trend": 318.875626, "fair_value": 295.823727, "relative_strength": -19.216538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.345654, "energy": 12.658833, "activity_lines": [ 297.045333, 292.826178, 296.716453, 304.379604 ] }, { "date": "2026-07-17", "close": 324.9, "volume": 3634450, "typical_volume": 4686497.4, "trend": 317.647939, "fair_value": 296.448358, "relative_strength": -12.894692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.002072, "energy": 10.526135, "activity_lines": [ 307.307333, 298.785598, 299.21572, 304.768273 ] }, { "date": "2026-07-24", "close": 328.7, "volume": 2838409, "typical_volume": 4609133.15, "trend": 316.224236, "fair_value": 297.119751, "relative_strength": -9.830129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.084822, "energy": 29.4019, "activity_lines": [ 316.886667, 305.041455, 301.957251, 305.481309 ] }, { "date": "2026-07-31", "close": 353.7, "volume": 4470033, "typical_volume": 4577099.05, "trend": 315.984161, "fair_value": 297.923681, "relative_strength": -2.963812, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.671767, "energy": 55.340674, "activity_lines": [ 332.482667, 315.310364, 307.004635, 307.899101 ] }, { "date": "2026-08-07", "close": 362.63, "volume": 4052910, "typical_volume": 4416431.05, "trend": 316.101963, "fair_value": 298.818457, "relative_strength": -4.844243, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.805002, "energy": 72.621113, "activity_lines": [ 345.392, 325.968, 312.593109, 310.90851 ] } ], "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." } } }