{ "ticker": { "uuid": "900d2899-8a72-43f1-8486-f559d0eae3ac", "symbol": "LYB", "name": "LyondellBasell Industries NV", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 48.254, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -13.063, "architecture_energy": 13.581, "architecture_maturity": 23.941, "architecture_confidence": 50.841, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 51.54, "rotation_up": 34.28, "upward_expansion": 21.58, "deceleration": 51.67, "rotation_down": 24.62, "downward_expansion": 35.25 }, "activity_lines": [ 60.128, 59.146545, 62.345828, 63.817927 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 59.59, "trend_reference": 63.218362, "distance_from_trend": -0.057394, "trend_direction": "Improving", "fair_value": 67.976061, "distance_from_fair_value": -0.123368, "fair_value_direction": "Weakening", "relative_strength": -5.042594, "relative_strength_direction": "Weakening", "price_momentum": 0.105628, "excess_performance": -0.019997, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.057394, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.092905, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.123368, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.151365, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.050426, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.216103, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.105628, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.923229, "read": "Supply-led" } ], "volume": { "latest": 24394865, "relative_activity": 0.872909, "balance": 0.923229, "dry_up": 0.842646, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.08411, "annualized_volatility": 0.451884, "from_high_reference": -0.282792, "from_low_reference": 0.507017 }, "levels": { "trend_reference": 63.218362, "fair_value_reference": 67.976061, "structural_low": 51.98, "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": 9, "median_return": -0.004398, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.043911, "regime_survival": 0.555556, "best_return": 0.163418, "worst_return": -0.172713, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.008027, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.095318, "regime_survival": 0.25, "best_return": 0.034938, "worst_return": -0.161059, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.097073, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.087616, "regime_survival": 0.0, "best_return": 0.125844, "worst_return": -0.135038, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.086679, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.303418, "regime_survival": 0.0, "best_return": 0.229658, "worst_return": -0.403017, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-19", "end": "2024-02-23", "tenure": "Developing", "return": 0.062962, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-05-03", "tenure": "Developing", "return": -0.003318, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-06-21", "tenure": "Developing", "return": -0.047589, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-28", "end": "2024-07-19", "tenure": "New", "return": 0.014008, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-26", "end": "2024-10-25", "tenure": "Established", "return": -0.088032, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-07-11", "tenure": "Extended", "return": -0.20942, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": -0.223857, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2026-01-16", "tenure": "Established", "return": 0.004552, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": -0.039027, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.04392, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": 0.117419, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-07-03", "tenure": "Developing", "return": -0.248768, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": 0.101686, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 79.856892, "volume": 7567955, "typical_volume": 9274883.4, "trend": 75.573127, "fair_value": 69.529109, "relative_strength": 3.444754, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.92203, "energy": 69.401008, "activity_lines": [ 79.768335, 78.010766, 76.292009, 75.771842 ] }, { "date": "2023-08-25", "close": 80.160281, "volume": 9613084, "typical_volume": 9280535.9, "trend": 75.701522, "fair_value": 69.74306, "relative_strength": 2.900656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.781131, "energy": 64.465317, "activity_lines": [ 80.118189, 78.626489, 76.720211, 76.067788 ] }, { "date": "2023-09-01", "close": 83.864714, "volume": 10195411, "typical_volume": 9181870.25, "trend": 75.884184, "fair_value": 69.963552, "relative_strength": 4.740483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.23882, "energy": 74.369171, "activity_lines": [ 81.375413, 79.83345, 77.482702, 76.594445 ] }, { "date": "2023-09-08", "close": 82.544075, "volume": 9771548, "typical_volume": 9313267.55, "trend": 75.987685, "fair_value": 70.165676, "relative_strength": 4.182056, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.882699, "energy": 65.898407, "activity_lines": [ 81.978806, 80.592355, 78.092886, 77.024116 ] }, { "date": "2023-09-15", "close": 83.092265, "volume": 11665300, "typical_volume": 9333964.6, "trend": 76.166694, "fair_value": 70.350677, "relative_strength": 4.699991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.490166, "energy": 65.778062, "activity_lines": [ 82.493948, 81.31918, 78.723411, 77.482476 ] }, { "date": "2023-09-22", "close": 78.789806, "volume": 11304852, "typical_volume": 9489166.4, "trend": 76.219058, "fair_value": 70.549374, "relative_strength": 2.001663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.16004, "energy": 43.810216, "activity_lines": [ 81.456002, 81.102196, 78.912703, 77.651709 ] }, { "date": "2023-09-29", "close": 78.656912, "volume": 8667394, "typical_volume": 9604761.65, "trend": 76.220673, "fair_value": 70.73569, "relative_strength": 2.36193, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.240329, "energy": 28.544448, "activity_lines": [ 80.444896, 80.785184, 79.069843, 77.80899 ] }, { "date": "2023-10-06", "close": 75.243185, "volume": 10074679, "typical_volume": 9771146.9, "trend": 76.332422, "fair_value": 70.86668, "relative_strength": -2.568219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.650362, "energy": 16.167735, "activity_lines": [ 78.396106, 79.785527, 78.870916, 77.745926 ] }, { "date": "2023-10-13", "close": 76.979119, "volume": 7225058, "typical_volume": 9699323.65, "trend": 76.616559, "fair_value": 71.02125, "relative_strength": -0.81864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.806328, "energy": 22.773663, "activity_lines": [ 77.50073, 79.199991, 78.828897, 77.787648 ] }, { "date": "2023-10-20", "close": 76.455847, "volume": 5820095, "typical_volume": 9400696.45, "trend": 76.832325, "fair_value": 71.17295, "relative_strength": 0.855484, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.971037, "energy": 22.613122, "activity_lines": [ 76.801926, 78.54659, 78.711388, 77.77728 ] }, { "date": "2023-10-27", "close": 75.118597, "volume": 9204324, "typical_volume": 9297976.55, "trend": 76.806266, "fair_value": 71.353263, "relative_strength": 1.38409, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.983507, "energy": 29.970513, "activity_lines": [ 76.099801, 77.738279, 78.45355, 77.666717 ] }, { "date": "2023-11-03", "close": 76.995731, "volume": 9608837, "typical_volume": 9259780.65, "trend": 76.830384, "fair_value": 71.527038, "relative_strength": -1.814085, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.271648, "energy": 23.678193, "activity_lines": [ 76.268134, 77.357415, 78.364368, 77.67894 ] }, { "date": "2023-11-10", "close": 77.925992, "volume": 6926803, "typical_volume": 9264516.25, "trend": 76.818144, "fair_value": 71.689307, "relative_strength": -1.942005, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.127915, "energy": 12.263402, "activity_lines": [ 76.857299, 77.203228, 78.357298, 77.749625 ] }, { "date": "2023-11-17", "close": 80.758306, "volume": 10322446, "typical_volume": 9412042.3, "trend": 76.981692, "fair_value": 71.847684, "relative_strength": -0.808503, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.152541, "energy": 16.762926, "activity_lines": [ 78.211715, 77.671983, 78.593791, 78.003829 ] }, { "date": "2023-11-24", "close": 79.221713, "volume": 7319318, "typical_volume": 9468816.95, "trend": 77.073003, "fair_value": 71.964264, "relative_strength": -3.649229, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.183204, "energy": 21.340366, "activity_lines": [ 78.801988, 77.893826, 78.65794, 78.148346 ] }, { "date": "2023-12-01", "close": 80.374733, "volume": 10665792, "typical_volume": 9571681.55, "trend": 77.2623, "fair_value": 72.082, "relative_strength": -3.115763, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.430891, "energy": 29.003265, "activity_lines": [ 79.59221, 78.395682, 78.808022, 78.361361 ] }, { "date": "2023-12-08", "close": 77.917202, "volume": 9772720, "typical_volume": 9462617.7, "trend": 77.454291, "fair_value": 72.187368, "relative_strength": -6.315172, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 32.189048, "energy": 22.641366, "activity_lines": [ 79.212846, 78.421899, 78.696637, 78.403613 ] }, { "date": "2023-12-15", "close": 79.970755, "volume": 12147717, "typical_volume": 9488059.1, "trend": 77.670811, "fair_value": 72.295078, "relative_strength": -6.097104, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.940568, "energy": 25.782132, "activity_lines": [ 79.456568, 78.834937, 78.768121, 78.565965 ] }, { "date": "2023-12-22", "close": 80.846041, "volume": 7303798, "typical_volume": 9287952.35, "trend": 77.979292, "fair_value": 72.409824, "relative_strength": -5.881809, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.98412, "energy": 32.899889, "activity_lines": [ 79.855734, 79.321163, 78.926251, 78.770819 ] }, { "date": "2023-12-29", "close": 80.021253, "volume": 3875895, "typical_volume": 8952651.3, "trend": 78.188944, "fair_value": 72.514607, "relative_strength": -7.091598, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.570062, "energy": 25.047871, "activity_lines": [ 79.974122, 79.58712, 78.994558, 78.902558 ] }, { "date": "2024-01-05", "close": 81.527753, "volume": 7054238, "typical_volume": 8926965.45, "trend": 78.473411, "fair_value": 72.606381, "relative_strength": -3.704255, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.571405, "energy": 43.505291, "activity_lines": [ 80.541374, 80.06216, 79.212471, 79.117965 ] }, { "date": "2024-01-12", "close": 79.4742, "volume": 7428720, "typical_volume": 8817747.25, "trend": 78.601416, "fair_value": 72.693185, "relative_strength": -7.619273, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.008862, "energy": 33.104016, "activity_lines": [ 80.347241, 80.047296, 79.226851, 79.182532 ] }, { "date": "2024-01-19", "close": 78.598914, "volume": 5996745, "typical_volume": 8607813.95, "trend": 78.807114, "fair_value": 72.789652, "relative_strength": -9.473615, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.415438, "energy": 12.305966, "activity_lines": [ 79.757545, 79.828227, 79.161137, 79.182371 ] }, { "date": "2024-01-26", "close": 80.31582, "volume": 7718341, "typical_volume": 8505153.6, "trend": 78.97438, "fair_value": 72.922596, "relative_strength": -8.18427, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.576656, "energy": 17.379942, "activity_lines": [ 79.831608, 79.909088, 79.284013, 79.279707 ] }, { "date": "2024-02-02", "close": 78.152856, "volume": 10020315, "typical_volume": 8422904.35, "trend": 79.105898, "fair_value": 73.008278, "relative_strength": -11.580425, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.379577, "energy": 8.836128, "activity_lines": [ 79.22003, 79.604727, 79.211503, 79.226705 ] }, { "date": "2024-02-09", "close": 80.290571, "volume": 9873354, "typical_volume": 8351329.45, "trend": 79.295008, "fair_value": 73.094837, "relative_strength": -10.040857, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.104692, "energy": 15.120967, "activity_lines": [ 79.445584, 79.708476, 79.366107, 79.303136 ] }, { "date": "2024-02-16", "close": 82.226298, "volume": 9870329, "typical_volume": 8411476.2, "trend": 79.527596, "fair_value": 73.175636, "relative_strength": -7.268429, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.780663, "energy": 20.863984, "activity_lines": [ 80.39886, 80.165705, 79.697918, 79.492251 ] }, { "date": "2024-02-23", "close": 83.547641, "volume": 7546514, "typical_volume": 8285067.95, "trend": 79.623835, "fair_value": 73.252125, "relative_strength": -6.990266, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.020826, "energy": 51.044415, "activity_lines": [ 81.609109, 80.784832, 80.138575, 79.751609 ] }, { "date": "2024-03-01", "close": 84.751158, "volume": 10312518, "typical_volume": 8439440.95, "trend": 79.832896, "fair_value": 73.310278, "relative_strength": -6.242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.930112, "energy": 69.641395, "activity_lines": [ 82.890616, 81.557745, 80.654308, 80.082404 ] }, { "date": "2024-03-08", "close": 84.316537, "volume": 12712472, "typical_volume": 8784059.8, "trend": 79.933172, "fair_value": 73.361868, "relative_strength": -6.267606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.683696, "energy": 71.399997, "activity_lines": [ 83.73156, 82.180634, 81.091638, 80.371671 ] }, { "date": "2024-03-15", "close": 85.14317, "volume": 17809556, "typical_volume": 9214321.4, "trend": 80.109381, "fair_value": 73.42757, "relative_strength": -5.179434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.642563, "energy": 75.176903, "activity_lines": [ 84.437137, 82.875724, 81.570263, 80.7078 ] }, { "date": "2024-03-22", "close": 86.055022, "volume": 9968401, "typical_volume": 9232299.6, "trend": 80.305873, "fair_value": 73.504513, "relative_strength": -6.109748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.351155, "energy": 74.811287, "activity_lines": [ 85.123157, 83.670871, 82.087996, 81.09139 ] }, { "date": "2024-03-29", "close": 87.162881, "volume": 8188213, "typical_volume": 9295370.1, "trend": 80.415812, "fair_value": 73.588647, "relative_strength": -5.016249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.740379, "energy": 73.430424, "activity_lines": [ 85.923216, 84.547795, 82.668099, 81.533777 ] }, { "date": "2024-04-05", "close": 89.293377, "volume": 8167606, "typical_volume": 9187628.1, "trend": 80.640788, "fair_value": 73.693048, "relative_strength": -1.641754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.747451, "energy": 77.2082, "activity_lines": [ 87.192423, 85.656373, 83.407121, 82.106524 ] }, { "date": "2024-04-12", "close": 86.523732, "volume": 6625104, "typical_volume": 9152917.4, "trend": 80.755171, "fair_value": 73.764093, "relative_strength": -3.031197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.063786, "energy": 61.948978, "activity_lines": [ 87.235602, 86.098152, 83.841725, 82.486068 ] }, { "date": "2024-04-19", "close": 85.850495, "volume": 8324265, "typical_volume": 9035841.05, "trend": 80.990527, "fair_value": 73.844941, "relative_strength": -0.591222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.796318, "energy": 48.354355, "activity_lines": [ 86.907221, 86.265326, 84.177439, 82.814799 ] }, { "date": "2024-04-26", "close": 87.035051, "volume": 8104769, "typical_volume": 8952443.5, "trend": 81.269798, "fair_value": 73.936394, "relative_strength": -1.65099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.063927, "energy": 44.823269, "activity_lines": [ 86.926538, 86.546784, 84.599893, 83.204768 ] }, { "date": "2024-05-03", "close": 84.469933, "volume": 9587882, "typical_volume": 8824451.75, "trend": 81.577357, "fair_value": 73.965001, "relative_strength": -4.921451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.816441, "energy": 27.570987, "activity_lines": [ 86.02548, 86.274425, 84.734632, 83.411229 ] }, { "date": "2024-05-10", "close": 86.38738, "volume": 10817163, "typical_volume": 9000120.0, "trend": 81.890965, "fair_value": 74.005855, "relative_strength": -4.419098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.783522, "energy": 23.783076, "activity_lines": [ 85.9431, 86.333924, 85.03056, 83.721553 ] }, { "date": "2024-05-17", "close": 85.995369, "volume": 5845048, "typical_volume": 9098577.65, "trend": 82.208949, "fair_value": 74.060247, "relative_strength": -6.237505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.327272, "energy": 22.427654, "activity_lines": [ 85.923784, 86.292399, 85.262766, 83.986353 ] }, { "date": "2024-05-24", "close": 83.975658, "volume": 6364795, "typical_volume": 9064105.5, "trend": 82.504185, "fair_value": 74.092161, "relative_strength": -8.292131, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.123529, "energy": 17.269049, "activity_lines": [ 85.266455, 85.853129, 85.274171, 84.100334 ] }, { "date": "2024-05-31", "close": 84.725592, "volume": 6768667, "typical_volume": 9031102.85, "trend": 82.761847, "fair_value": 74.107703, "relative_strength": -6.963527, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.566956, "energy": 14.833916, "activity_lines": [ 84.984093, 85.571439, 85.345341, 84.243651 ] }, { "date": "2024-06-07", "close": 83.010847, "volume": 9098728, "typical_volume": 9186202.0, "trend": 82.931342, "fair_value": 74.140085, "relative_strength": -9.810982, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.001248, "energy": 9.284082, "activity_lines": [ 84.284113, 85.002148, 85.228196, 84.259715 ] }, { "date": "2024-06-14", "close": 80.833174, "volume": 7612547, "typical_volume": 9180912.3, "trend": 82.933838, "fair_value": 74.202638, "relative_strength": -13.353887, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.59739, "energy": 18.936866, "activity_lines": [ 82.955515, 84.112408, 84.882644, 84.124349 ] }, { "date": "2024-06-21", "close": 82.276315, "volume": 9437698, "typical_volume": 9151781.45, "trend": 83.035658, "fair_value": 74.267314, "relative_strength": -12.18968, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.676777, "energy": 28.478013, "activity_lines": [ 82.478244, 83.638879, 84.672071, 84.081929 ] }, { "date": "2024-06-28", "close": 82.665185, "volume": 10333335, "typical_volume": 9174780.5, "trend": 83.112006, "fair_value": 74.32681, "relative_strength": -11.526355, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.871757, "energy": 32.188063, "activity_lines": [ 82.378533, 83.31328, 84.478897, 84.058027 ] }, { "date": "2024-07-05", "close": 80.86774, "volume": 4565665, "typical_volume": 8909547.3, "trend": 83.210357, "fair_value": 74.378779, "relative_strength": -14.830088, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.216754, "energy": 42.36138, "activity_lines": [ 81.767039, 82.718787, 84.10323, 83.913236 ] }, { "date": "2024-07-12", "close": 82.146691, "volume": 7621091, "typical_volume": 8913276.15, "trend": 83.282888, "fair_value": 74.468866, "relative_strength": -14.100022, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.671536, "energy": 22.453961, "activity_lines": [ 81.839052, 82.468964, 83.855837, 83.844612 ] }, { "date": "2024-07-19", "close": 83.823154, "volume": 6070445, "typical_volume": 8701172.5, "trend": 83.382126, "fair_value": 74.567657, "relative_strength": -10.428608, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.559744, "energy": 15.717537, "activity_lines": [ 82.527496, 82.566192, 83.774779, 83.879468 ] }, { "date": "2024-07-26", "close": 84.047835, "volume": 5789414, "typical_volume": 8355019.6, "trend": 83.516345, "fair_value": 74.655448, "relative_strength": -9.185516, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.74169, "energy": 6.586291, "activity_lines": [ 83.091502, 82.750895, 83.719538, 83.922417 ] }, { "date": "2024-08-02", "close": 81.567706, "volume": 8159995, "typical_volume": 7872541.55, "trend": 83.517677, "fair_value": 74.726796, "relative_strength": -9.700855, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.281568, "energy": 7.451391, "activity_lines": [ 82.710697, 82.520074, 83.429374, 83.796698 ] }, { "date": "2024-08-09", "close": 83.702172, "volume": 9291379, "typical_volume": 7838690.45, "trend": 83.658609, "fair_value": 74.78631, "relative_strength": -7.058607, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.613382, "energy": 6.007961, "activity_lines": [ 83.114546, 82.721119, 83.359518, 83.808601 ] }, { "date": "2024-08-16", "close": 83.883645, "volume": 7377326, "typical_volume": 7798146.1, "trend": 83.834767, "fair_value": 74.878133, "relative_strength": -10.089711, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.427439, "energy": 12.869966, "activity_lines": [ 83.389924, 82.973767, 83.31815, 83.82312 ] }, { "date": "2024-08-23", "close": 84.937916, "volume": 8626721, "typical_volume": 7821101.85, "trend": 83.988837, "fair_value": 74.950382, "relative_strength": -9.879628, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.268562, "energy": 6.13207, "activity_lines": [ 83.900928, 83.402231, 83.392804, 83.894291 ] }, { "date": "2024-08-30", "close": 86.460009, "volume": 8144979, "typical_volume": 7897095.6, "trend": 84.265742, "fair_value": 75.065206, "relative_strength": -8.147088, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.600741, "energy": 19.000152, "activity_lines": [ 84.84498, 84.032808, 83.633159, 84.053721 ] }, { "date": "2024-09-06", "close": 81.896112, "volume": 7228818, "typical_volume": 7842323.25, "trend": 84.31926, "fair_value": 75.163902, "relative_strength": -8.859619, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.020135, "energy": 14.135548, "activity_lines": [ 84.10692, 83.757519, 83.439161, 83.900842 ] }, { "date": "2024-09-13", "close": 81.624556, "volume": 9172122, "typical_volume": 7895690.9, "trend": 84.299202, "fair_value": 75.264163, "relative_strength": -12.213088, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.649036, "energy": 14.379744, "activity_lines": [ 83.256449, 83.446838, 83.23813, 83.72699 ] }, { "date": "2024-09-20", "close": 82.377906, "volume": 16311292, "typical_volume": 8231861.4, "trend": 84.260211, "fair_value": 75.364891, "relative_strength": -12.231484, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.339251, "energy": 20.966869, "activity_lines": [ 82.795602, 83.25937, 83.134612, 83.603035 ] }, { "date": "2024-09-27", "close": 84.471517, "volume": 11893641, "typical_volume": 8285685.3, "trend": 84.250889, "fair_value": 75.46651, "relative_strength": -10.103109, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.120929, "energy": 16.298777, "activity_lines": [ 83.133007, 83.448355, 83.240447, 83.616668 ] }, { "date": "2024-10-04", "close": 84.751833, "volume": 9258199, "typical_volume": 8456342.85, "trend": 84.265399, "fair_value": 75.560195, "relative_strength": -9.72963, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.242294, "energy": 9.683772, "activity_lines": [ 83.594945, 83.676518, 83.382102, 83.648987 ] }, { "date": "2024-10-11", "close": 82.158909, "volume": 8308223, "typical_volume": 8553514.25, "trend": 84.165924, "fair_value": 75.631979, "relative_strength": -13.089463, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.459711, "energy": 13.988743, "activity_lines": [ 83.306453, 83.42044, 83.282733, 83.513084 ] }, { "date": "2024-10-18", "close": 80.144136, "volume": 9149374, "typical_volume": 8672549.6, "trend": 83.968894, "fair_value": 75.698698, "relative_strength": -15.480055, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.282471, "energy": 27.409342, "activity_lines": [ 82.32885, 82.787291, 83.000133, 83.253614 ] }, { "date": "2024-10-25", "close": 76.648945, "volume": 8990964, "typical_volume": 8667161.4, "trend": 83.61843, "fair_value": 75.763988, "relative_strength": -17.875057, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.474281, "energy": 62.123888, "activity_lines": [ 80.284879, 81.583344, 82.406474, 82.781359 ] }, { "date": "2024-11-01", "close": 75.825516, "volume": 11179805, "typical_volume": 8845524.3, "trend": 83.169501, "fair_value": 75.823311, "relative_strength": -17.15712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.527869, "energy": 77.572179, "activity_lines": [ 78.348361, 80.361222, 81.764687, 82.278591 ] }, { "date": "2024-11-08", "close": 74.721771, "volume": 16652239, "typical_volume": 9206251.35, "trend": 82.776102, "fair_value": 75.864451, "relative_strength": -21.556802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.805745, "energy": 84.957195, "activity_lines": [ 76.620329, 79.1041, 81.041628, 81.733576 ] }, { "date": "2024-11-15", "close": 72.400403, "volume": 9471902, "typical_volume": 9163179.7, "trend": 82.327766, "fair_value": 75.918204, "relative_strength": -21.832303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.226117, "energy": 91.245766, "activity_lines": [ 74.787178, 77.638333, 80.133461, 81.064176 ] }, { "date": "2024-11-22", "close": 73.469108, "volume": 13114264, "typical_volume": 9590609.65, "trend": 81.875568, "fair_value": 75.973439, "relative_strength": -21.472454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.357026, "energy": 86.860567, "activity_lines": [ 73.960829, 76.539526, 79.375955, 80.49265 ] }, { "date": "2024-11-29", "close": 73.004835, "volume": 12974796, "typical_volume": 9858294.9, "trend": 81.493398, "fair_value": 76.035318, "relative_strength": -22.34538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.427223, "energy": 84.301286, "activity_lines": [ 73.424725, 75.504586, 78.609463, 79.920344 ] }, { "date": "2024-12-06", "close": 68.009569, "volume": 19231253, "typical_volume": 10516335.3, "trend": 80.880804, "fair_value": 76.05337, "relative_strength": -27.753096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.801038, "energy": 92.449011, "activity_lines": [ 71.466472, 73.731835, 77.410765, 79.05042 ] }, { "date": "2024-12-13", "close": 67.368558, "volume": 14965453, "typical_volume": 10975137.25, "trend": 80.25991, "fair_value": 76.077307, "relative_strength": -27.462663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.115757, "energy": 89.169863, "activity_lines": [ 69.815613, 72.141845, 76.226321, 78.178662 ] }, { "date": "2024-12-20", "close": 65.436619, "volume": 21710208, "typical_volume": 11652647.9, "trend": 79.641942, "fair_value": 76.075891, "relative_strength": -27.664032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.0633, "energy": 92.004973, "activity_lines": [ 68.010987, 70.516653, 74.937308, 77.222321 ] }, { "date": "2024-12-27", "close": 66.006408, "volume": 7171409, "typical_volume": 11546649.4, "trend": 79.01797, "fair_value": 76.07032, "relative_strength": -26.960642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.021252, "energy": 90.203084, "activity_lines": [ 66.860544, 69.299101, 73.779376, 76.342609 ] }, { "date": "2025-01-03", "close": 64.786705, "volume": 11076404, "typical_volume": 11731603.3, "trend": 78.410498, "fair_value": 76.031923, "relative_strength": -27.322975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.113464, "energy": 89.207988, "activity_lines": [ 65.801047, 68.116834, 72.589546, 75.424463 ] }, { "date": "2025-01-10", "close": 64.528519, "volume": 11716404, "typical_volume": 11886087.45, "trend": 77.86701, "fair_value": 75.967701, "relative_strength": -25.635604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.44704, "energy": 84.470065, "activity_lines": [ 65.203362, 67.103301, 71.466065, 74.528851 ] }, { "date": "2025-01-17", "close": 68.819737, "volume": 12622367, "typical_volume": 12109956.85, "trend": 77.418457, "fair_value": 75.971239, "relative_strength": -22.461207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.263707, "energy": 63.794713, "activity_lines": [ 66.268154, 67.07539, 70.84846, 73.945156 ] }, { "date": "2025-01-24", "close": 68.873155, "volume": 9602751, "typical_volume": 12228653.5, "trend": 76.958723, "fair_value": 75.966149, "relative_strength": -23.194033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.738622, "energy": 53.183768, "activity_lines": [ 67.254007, 67.164501, 70.319943, 73.393846 ] }, { "date": "2025-01-31", "close": 67.395266, "volume": 16089701, "typical_volume": 12574532.45, "trend": 76.50964, "fair_value": 75.932342, "relative_strength": -23.594609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.038952, "energy": 43.592794, "activity_lines": [ 67.518127, 67.049036, 69.712689, 72.776849 ] }, { "date": "2025-02-07", "close": 68.205434, "volume": 14685358, "typical_volume": 12493235.75, "trend": 76.044932, "fair_value": 75.896524, "relative_strength": -22.042651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.367775, "energy": 32.556589, "activity_lines": [ 67.959713, 67.191308, 69.250352, 72.241094 ] }, { "date": "2025-02-14", "close": 68.285561, "volume": 10947942, "typical_volume": 12445950.8, "trend": 75.527012, "fair_value": 75.87019, "relative_strength": -22.534408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.068352, "energy": 30.511837, "activity_lines": [ 68.200092, 67.435411, 68.863134, 71.740489 ] }, { "date": "2025-02-21", "close": 68.517037, "volume": 8369899, "typical_volume": 12401535.8, "trend": 75.009319, "fair_value": 75.853893, "relative_strength": -20.452722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.778947, "energy": 28.831948, "activity_lines": [ 68.267161, 67.716582, 68.575038, 71.288233 ] }, { "date": "2025-02-28", "close": 68.401299, "volume": 10982441, "typical_volume": 12535246.7, "trend": 74.570439, "fair_value": 75.835645, "relative_strength": -19.252082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.2694, "energy": 24.439865, "activity_lines": [ 68.315831, 67.955828, 68.353227, 70.861909 ] }, { "date": "2025-03-07", "close": 68.997796, "volume": 16119046, "typical_volume": 12883730.3, "trend": 74.080293, "fair_value": 75.791598, "relative_strength": -15.428349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.526597, "energy": 20.68592, "activity_lines": [ 68.59479, 68.249625, 68.253738, 70.502384 ] }, { "date": "2025-03-14", "close": 67.171053, "volume": 14478593, "typical_volume": 13158111.75, "trend": 73.523206, "fair_value": 75.740543, "relative_strength": -15.182308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.333304, "energy": 20.950263, "activity_lines": [ 68.157999, 68.156898, 68.033352, 70.056626 ] }, { "date": "2025-03-21", "close": 64.815763, "volume": 22466369, "typical_volume": 13722439.95, "trend": 72.852468, "fair_value": 75.649656, "relative_strength": -17.986771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.798554, "energy": 37.788315, "activity_lines": [ 67.00507, 67.592585, 67.633785, 69.494856 ] }, { "date": "2025-03-28", "close": 63.248589, "volume": 15355091, "typical_volume": 13657582.55, "trend": 72.078754, "fair_value": 75.569178, "relative_strength": -18.15452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.219592, "energy": 49.773162, "activity_lines": [ 65.56107, 66.738108, 67.13739, 68.875251 ] }, { "date": "2025-04-04", "close": 52.522962, "volume": 24721621, "typical_volume": 14420068.5, "trend": 71.099649, "fair_value": 75.428457, "relative_strength": -24.52152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.535746, "energy": 87.007929, "activity_lines": [ 60.89309, 64.034811, 65.674142, 67.613587 ] }, { "date": "2025-04-11", "close": 51.535552, "volume": 39598633, "typical_volume": 15744286.95, "trend": 70.096682, "fair_value": 75.252958, "relative_strength": -29.17396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.985728, "energy": 92.114655, "activity_lines": [ 56.95453, 61.449262, 64.211509, 66.351387 ] }, { "date": "2025-04-18", "close": 51.426846, "volume": 16554264, "typical_volume": 15923260.35, "trend": 69.06498, "fair_value": 75.081042, "relative_strength": -27.515691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.74056, "energy": 93.109575, "activity_lines": [ 54.143884, 59.132306, 62.842968, 65.146881 ] }, { "date": "2025-04-25", "close": 53.845548, "volume": 19374927, "typical_volume": 15930444.05, "trend": 68.044114, "fair_value": 74.927639, "relative_strength": -26.654721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.796345, "energy": 87.712412, "activity_lines": [ 53.189086, 57.560179, 61.807533, 64.164983 ] }, { "date": "2025-05-02", "close": 52.885314, "volume": 18750526, "typical_volume": 16119697.7, "trend": 66.981897, "fair_value": 74.748379, "relative_strength": -29.25656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.073247, "energy": 83.634194, "activity_lines": [ 52.645558, 56.07601, 60.748094, 63.186995 ] }, { "date": "2025-05-09", "close": 51.571787, "volume": 16670836, "typical_volume": 15867729.1, "trend": 65.962326, "fair_value": 74.577156, "relative_strength": -29.935503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.585431, "energy": 71.673896, "activity_lines": [ 52.355072, 54.63723, 59.632525, 62.192795 ] }, { "date": "2025-05-16", "close": 54.144489, "volume": 20987667, "typical_volume": 16558542.0, "trend": 65.095671, "fair_value": 74.417018, "relative_strength": -29.372859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.902635, "energy": 55.401562, "activity_lines": [ 52.985565, 53.972206, 58.827999, 61.430354 ] }, { "date": "2025-05-23", "close": 50.847083, "volume": 14440253, "typical_volume": 16726734.45, "trend": 64.235609, "fair_value": 74.192436, "relative_strength": -31.198975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.453982, "energy": 55.486972, "activity_lines": [ 52.342994, 52.977714, 57.765919, 60.51109 ] }, { "date": "2025-05-30", "close": 51.1732, "volume": 19883768, "typical_volume": 17135102.65, "trend": 63.413866, "fair_value": 73.985414, "relative_strength": -31.178564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.020952, "energy": 52.634216, "activity_lines": [ 51.847779, 52.339315, 56.801277, 59.668354 ] }, { "date": "2025-06-06", "close": 52.507424, "volume": 19857268, "typical_volume": 17496847.7, "trend": 62.673387, "fair_value": 73.811008, "relative_strength": -29.786473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.178369, "energy": 47.379668, "activity_lines": [ 51.975462, 52.191549, 56.027301, 58.964712 ] }, { "date": "2025-06-13", "close": 55.813515, "volume": 28150671, "typical_volume": 18424243.7, "trend": 62.120491, "fair_value": 73.721762, "relative_strength": -24.430554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.413478, "energy": 37.950854, "activity_lines": [ 53.230368, 52.840185, 55.645868, 58.52214 ] }, { "date": "2025-06-20", "close": 54.179043, "volume": 20106946, "typical_volume": 18625105.95, "trend": 61.477489, "fair_value": 73.624479, "relative_strength": -25.814871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.519396, "energy": 30.131243, "activity_lines": [ 53.657669, 53.131815, 55.170961, 58.009788 ] }, { "date": "2025-06-27", "close": 54.485507, "volume": 16708411, "typical_volume": 18726258.6, "trend": 60.860178, "fair_value": 73.537033, "relative_strength": -27.155249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.365435, "energy": 22.49123, "activity_lines": [ 54.18482, 53.431103, 54.788174, 57.558693 ] }, { "date": "2025-07-04", "close": 57.587289, "volume": 14705851, "typical_volume": 18914154.05, "trend": 60.512769, "fair_value": 73.470366, "relative_strength": -23.621977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.235081, "energy": 21.594829, "activity_lines": [ 55.503337, 54.238739, 54.766128, 57.347539 ] }, { "date": "2025-07-11", "close": 59.94613, "volume": 15817417, "typical_volume": 19286529.95, "trend": 60.265354, "fair_value": 73.432471, "relative_strength": -19.602355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.869972, "energy": 15.988977, "activity_lines": [ 57.180529, 55.407223, 55.019678, 57.310981 ] }, { "date": "2025-07-18", "close": 58.701702, "volume": 12060667, "typical_volume": 19340441.25, "trend": 60.040857, "fair_value": 73.376336, "relative_strength": -20.99235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.652909, "energy": 18.692699, "activity_lines": [ 57.946997, 56.22107, 55.195525, 57.210101 ] }, { "date": "2025-07-25", "close": 59.444644, "volume": 27398789, "typical_volume": 19904428.4, "trend": 59.822132, "fair_value": 73.313405, "relative_strength": -20.373238, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.928188, "energy": 23.32337, "activity_lines": [ 58.768567, 57.040362, 55.488317, 57.171635 ] }, { "date": "2025-08-01", "close": 49.60995, "volume": 33304103, "typical_volume": 20845703.9, "trend": 59.31624, "fair_value": 73.204918, "relative_strength": -31.052429, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.019688, "energy": 20.786588, "activity_lines": [ 55.960865, 55.975161, 54.889963, 56.512785 ] }, { "date": "2025-08-08", "close": 45.560916, "volume": 33547708, "typical_volume": 21399770.85, "trend": 58.683986, "fair_value": 73.036997, "relative_strength": -37.304645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.22453, "energy": 47.63508, "activity_lines": [ 52.128523, 54.196266, 53.98961, 55.625345 ] }, { "date": "2025-08-15", "close": 49.572803, "volume": 23527988, "typical_volume": 21808415.7, "trend": 58.042422, "fair_value": 72.910088, "relative_strength": -31.568787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.382892, "energy": 56.875075, "activity_lines": [ 50.435235, 53.248846, 53.563032, 55.037526 ] }, { "date": "2025-08-22", "close": 54.578374, "volume": 23175533, "typical_volume": 21731111.3, "trend": 57.565929, "fair_value": 72.821244, "relative_strength": -23.989256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.398134, "energy": 44.28618, "activity_lines": [ 51.102025, 53.264887, 53.678298, 54.814039 ] }, { "date": "2025-08-29", "close": 53.587652, "volume": 16715345, "typical_volume": 20586946.9, "trend": 57.105675, "fair_value": 72.756805, "relative_strength": -24.395321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.512196, "energy": 46.579159, "activity_lines": [ 51.713463, 53.123253, 53.689421, 54.557376 ] }, { "date": "2025-09-05", "close": 52.379909, "volume": 17806742, "typical_volume": 20649570.8, "trend": 56.578158, "fair_value": 72.667706, "relative_strength": -25.402622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.236092, "energy": 24.841255, "activity_lines": [ 52.312786, 52.772783, 53.575749, 54.252488 ] }, { "date": "2025-09-12", "close": 52.513046, "volume": 22257363, "typical_volume": 20793692.6, "trend": 56.052407, "fair_value": 72.61471, "relative_strength": -25.482788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.47361, "energy": 15.25912, "activity_lines": [ 52.771825, 52.484803, 53.470219, 53.990223 ] }, { "date": "2025-09-19", "close": 49.460404, "volume": 31759634, "typical_volume": 21444148.0, "trend": 55.417186, "fair_value": 72.5627, "relative_strength": -29.763737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.602538, "energy": 24.77817, "activity_lines": [ 51.749841, 51.734056, 53.080306, 53.564932 ] }, { "date": "2025-09-26", "close": 47.025899, "volume": 25609477, "typical_volume": 21891080.05, "trend": 54.704673, "fair_value": 72.483974, "relative_strength": -32.06397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.490404, "energy": 41.749356, "activity_lines": [ 49.923848, 50.731321, 52.474845, 53.023559 ] }, { "date": "2025-10-03", "close": 47.044918, "volume": 22183179, "typical_volume": 21950855.65, "trend": 53.97291, "fair_value": 72.388502, "relative_strength": -31.791158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.825056, "energy": 60.216278, "activity_lines": [ 48.607693, 49.944331, 51.892842, 52.529381 ] }, { "date": "2025-10-10", "close": 42.708455, "volume": 22388787, "typical_volume": 22348282.35, "trend": 53.15749, "fair_value": 72.269374, "relative_strength": -35.605207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.267273, "energy": 77.387283, "activity_lines": [ 46.282233, 48.594344, 50.93165, 51.802642 ] }, { "date": "2025-10-17", "close": 43.925708, "volume": 18539118, "typical_volume": 22281049.85, "trend": 52.461155, "fair_value": 72.13603, "relative_strength": -33.995444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.217056, "energy": 76.651275, "activity_lines": [ 45.007288, 47.591157, 50.125142, 51.207043 ] }, { "date": "2025-10-24", "close": 45.257078, "volume": 23261468, "typical_volume": 22451259.85, "trend": 51.861438, "fair_value": 72.032279, "relative_strength": -32.414878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.433482, "energy": 74.139506, "activity_lines": [ 44.748621, 46.859768, 49.479944, 50.742264 ] }, { "date": "2025-10-31", "close": 44.144433, "volume": 29296543, "typical_volume": 22508553.45, "trend": 51.582154, "fair_value": 71.892762, "relative_strength": -33.642171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.903996, "energy": 76.473241, "activity_lines": [ 44.399295, 46.004547, 48.763304, 50.244393 ] }, { "date": "2025-11-07", "close": 40.911106, "volume": 30303252, "typical_volume": 23018368.75, "trend": 51.228006, "fair_value": 71.705248, "relative_strength": -36.668756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.381107, "energy": 79.926478, "activity_lines": [ 43.164291, 44.751158, 47.794296, 49.555938 ] }, { "date": "2025-11-14", "close": 43.079337, "volume": 25886550, "typical_volume": 23477275.7, "trend": 50.949755, "fair_value": 71.565771, "relative_strength": -32.586347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.341387, "energy": 69.246009, "activity_lines": [ 43.060951, 44.122474, 47.094967, 49.030218 ] }, { "date": "2025-11-21", "close": 42.603848, "volume": 25017050, "typical_volume": 23992835.65, "trend": 50.575032, "fair_value": 71.394562, "relative_strength": -31.187502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.982679, "energy": 69.840972, "activity_lines": [ 42.77439, 43.57644, 46.404668, 48.491772 ] }, { "date": "2025-11-28", "close": 46.588449, "volume": 20745633, "typical_volume": 24239246.45, "trend": 50.365137, "fair_value": 71.25857, "relative_strength": -26.615978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.735214, "energy": 46.106861, "activity_lines": [ 43.904153, 43.935045, 46.165204, 48.234573 ] }, { "date": "2025-12-05", "close": 42.403521, "volume": 34858996, "typical_volume": 25379162.9, "trend": 50.059528, "fair_value": 71.113363, "relative_strength": -32.715911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.937101, "energy": 42.759921, "activity_lines": [ 43.550182, 43.584972, 45.590784, 47.72092 ] }, { "date": "2025-12-12", "close": 43.420814, "volume": 28834658, "typical_volume": 25450956.35, "trend": 49.702072, "fair_value": 70.979182, "relative_strength": -29.984379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.820519, "energy": 33.043663, "activity_lines": [ 43.651369, 43.503904, 45.190859, 47.292616 ] }, { "date": "2025-12-19", "close": 42.149198, "volume": 32029934, "typical_volume": 25387247.9, "trend": 49.412142, "fair_value": 70.823795, "relative_strength": -31.392877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.880061, "energy": 37.745053, "activity_lines": [ 43.16137, 43.257527, 44.746132, 46.805334 ] }, { "date": "2025-12-26", "close": 42.305704, "volume": 13496847, "typical_volume": 24384704.85, "trend": 49.116559, "fair_value": 70.669924, "relative_strength": -31.362773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.935633, "energy": 42.68881, "activity_lines": [ 42.78555, 43.049773, 44.351838, 46.346854 ] }, { "date": "2026-01-02", "close": 43.420814, "volume": 20034510, "typical_volume": 24210030.95, "trend": 48.813672, "fair_value": 70.487006, "relative_strength": -28.08676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.135123, "energy": 37.017912, "activity_lines": [ 42.801309, 43.074221, 44.079246, 45.979387 ] }, { "date": "2026-01-09", "close": 47.646494, "volume": 30149114, "typical_volume": 24558710.0, "trend": 48.541438, "fair_value": 70.312593, "relative_strength": -21.579843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.086733, "energy": 16.572234, "activity_lines": [ 44.436803, 43.900362, 44.238395, 45.904085 ] }, { "date": "2026-01-16", "close": 49.79846, "volume": 29864142, "typical_volume": 25216149.85, "trend": 48.395419, "fair_value": 70.159295, "relative_strength": -16.940151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.341619, "energy": 15.244094, "activity_lines": [ 46.440088, 45.054095, 44.635501, 45.985183 ] }, { "date": "2026-01-23", "close": 49.876714, "volume": 20559707, "typical_volume": 25353798.1, "trend": 48.241792, "fair_value": 69.989861, "relative_strength": -15.726514, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.934333, "energy": 25.711784, "activity_lines": [ 48.044282, 46.060467, 45.058105, 46.080751 ] }, { "date": "2026-01-30", "close": 47.930162, "volume": 43075107, "typical_volume": 26394685.3, "trend": 47.919888, "fair_value": 69.794639, "relative_strength": -18.532826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.876251, "energy": 31.380649, "activity_lines": [ 48.484457, 46.589333, 45.307242, 46.060645 ] }, { "date": "2026-02-06", "close": 53.896978, "volume": 41814010, "typical_volume": 26897404.1, "trend": 47.71825, "fair_value": 69.630908, "relative_strength": -7.441134, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.525752, "energy": 57.23726, "activity_lines": [ 50.538606, 48.106232, 46.146471, 46.446264 ] }, { "date": "2026-02-13", "close": 56.352176, "volume": 28271657, "typical_volume": 27030513.1, "trend": 47.639932, "fair_value": 69.493922, "relative_strength": -1.275448, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 54.424983, "energy": 68.61272, "activity_lines": [ 52.712744, 49.936648, 47.198401, 47.003292 ] }, { "date": "2026-02-20", "close": 55.4327, "volume": 24717855, "typical_volume": 27157246.9, "trend": 47.506201, "fair_value": 69.354267, "relative_strength": -3.186709, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.36779, "energy": 66.510379, "activity_lines": [ 54.000012, 51.346275, 48.118352, 47.506051 ] }, { "date": "2026-02-27", "close": 56.264141, "volume": 33460262, "typical_volume": 27710820.65, "trend": 47.728007, "fair_value": 69.211034, "relative_strength": -0.447742, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.651476, "energy": 79.358738, "activity_lines": [ 55.18881, 52.688676, 49.077546, 48.071079 ] }, { "date": "2026-03-06", "close": 66.427324, "volume": 56722787, "typical_volume": 29620004.1, "trend": 48.423554, "fair_value": 69.176012, "relative_strength": 20.544441, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.447624, "energy": 91.774675, "activity_lines": [ 59.339508, 55.622292, 50.940111, 49.277487 ] }, { "date": "2026-03-13", "close": 71.564529, "volume": 65371305, "typical_volume": 31725495.95, "trend": 49.156612, "fair_value": 69.195945, "relative_strength": 32.239138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.269282, "energy": 95.675093, "activity_lines": [ 63.969463, 59.051371, 53.184783, 50.770453 ] }, { "date": "2026-03-20", "close": 72.574153, "volume": 57106443, "typical_volume": 33115990.95, "trend": 49.756471, "fair_value": 69.212556, "relative_strength": 36.702669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.071558, "energy": 94.262041, "activity_lines": [ 67.758122, 62.152313, 55.400336, 52.281262 ] }, { "date": "2026-03-27", "close": 79.631623, "volume": 29706947, "typical_volume": 33086175.7, "trend": 50.624603, "fair_value": 69.236474, "relative_strength": 53.045787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.387647, "energy": 95.838741, "activity_lines": [ 72.817807, 66.083202, 58.152649, 54.208691 ] }, { "date": "2026-04-03", "close": 78.79027, "volume": 40272046, "typical_volume": 33805450.5, "trend": 51.504949, "fair_value": 69.252615, "relative_strength": 45.896282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.873421, "energy": 90.669002, "activity_lines": [ 75.983779, 69.318697, 60.64045, 56.025831 ] }, { "date": "2026-04-10", "close": 72.970084, "volume": 39653824, "typical_volume": 34537289.2, "trend": 52.18685, "fair_value": 69.218493, "relative_strength": 30.123072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.37255, "energy": 66.496291, "activity_lines": [ 75.707947, 70.970275, 62.403896, 57.410678 ] }, { "date": "2026-04-17", "close": 65.595869, "volume": 37517867, "typical_volume": 35375900.9, "trend": 52.724699, "fair_value": 69.15275, "relative_strength": 12.087824, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.744796, "energy": 57.103454, "activity_lines": [ 72.537859, 70.825815, 63.320435, 58.275776 ] }, { "date": "2026-04-24", "close": 69.159248, "volume": 28971873, "typical_volume": 35081544.75, "trend": 53.462477, "fair_value": 69.105806, "relative_strength": 17.603751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.355943, "energy": 42.089133, "activity_lines": [ 70.953475, 71.116535, 64.485831, 59.33607 ] }, { "date": "2026-05-01", "close": 74.227165, "volume": 33541774, "typical_volume": 35316900.55, "trend": 54.368552, "fair_value": 69.102802, "relative_strength": 24.795275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.500159, "energy": 37.481333, "activity_lines": [ 71.286057, 72.095839, 66.006478, 60.675727 ] }, { "date": "2026-05-08", "close": 71.030022, "volume": 32305608, "typical_volume": 35330684.25, "trend": 55.312604, "fair_value": 69.095575, "relative_strength": 16.567674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.309207, "energy": 31.183517, "activity_lines": [ 70.913222, 72.152127, 67.075938, 61.750661 ] }, { "date": "2026-05-15", "close": 74.296453, "volume": 23968126, "typical_volume": 35854248.2, "trend": 56.324962, "fair_value": 69.10084, "relative_strength": 21.436603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.767813, "energy": 38.123657, "activity_lines": [ 72.146548, 72.53384, 68.318959, 62.975425 ] }, { "date": "2026-05-22", "close": 69.010774, "volume": 21723885, "typical_volume": 35938716.95, "trend": 57.116752, "fair_value": 69.084296, "relative_strength": 11.721314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.580012, "energy": 32.86449, "activity_lines": [ 71.529555, 71.811446, 68.906245, 63.793865 ] }, { "date": "2026-05-29", "close": 65.972004, "volume": 20777864, "typical_volume": 35470154.45, "trend": 57.844338, "fair_value": 69.034554, "relative_strength": 5.286367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.154271, "energy": 23.40321, "activity_lines": [ 69.671979, 70.58298, 69.082268, 64.365171 ] }, { "date": "2026-06-05", "close": 64.5, "volume": 25174121, "typical_volume": 35235653.4, "trend": 58.630634, "fair_value": 68.980107, "relative_strength": 5.608366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.188092, "energy": 17.084149, "activity_lines": [ 67.536218, 69.206916, 69.030835, 64.794569 ] }, { "date": "2026-06-12", "close": 64.58, "volume": 26494526, "typical_volume": 35532394.35, "trend": 59.347323, "fair_value": 68.909248, "relative_strength": 5.324028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.014658, "energy": 16.282071, "activity_lines": [ 66.075601, 68.120518, 68.917014, 65.178399 ] }, { "date": "2026-06-19", "close": 60.07, "volume": 25176772, "typical_volume": 34637477.6, "trend": 59.929528, "fair_value": 68.83003, "relative_strength": -2.668483, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.137522, "energy": 20.267957, "activity_lines": [ 63.541652, 66.472489, 68.303654, 65.225023 ] }, { "date": "2026-06-26", "close": 55.73, "volume": 26460555, "typical_volume": 33869804.85, "trend": 60.234246, "fair_value": 68.704595, "relative_strength": -7.218273, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -19.152582, "energy": 40.995082, "activity_lines": [ 60.509467, 64.269915, 67.219152, 64.954086 ] }, { "date": "2026-07-03", "close": 53.36, "volume": 21099511, "typical_volume": 33511197.55, "trend": 60.599462, "fair_value": 68.570959, "relative_strength": -12.609604, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.9112, "energy": 63.663655, "activity_lines": [ 57.572667, 61.815812, 65.900206, 64.510586 ] }, { "date": "2026-07-10", "close": 56.35, "volume": 31890804, "typical_volume": 33869845.0, "trend": 61.030435, "fair_value": 68.453861, "relative_strength": -8.471842, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.93135, "energy": 63.953516, "activity_lines": [ 56.473333, 60.192605, 64.880271, 64.236427 ] }, { "date": "2026-07-17", "close": 59.17, "volume": 22958331, "typical_volume": 33344748.45, "trend": 61.597795, "fair_value": 68.350792, "relative_strength": -2.038009, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.9754, "energy": 60.953776, "activity_lines": [ 56.857333, 59.407164, 64.124539, 64.116399 ] }, { "date": "2026-07-24", "close": 60.32, "volume": 21866647, "typical_volume": 31601941.45, "trend": 62.198272, "fair_value": 68.220405, "relative_strength": 0.758127, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.815806, "energy": 44.217106, "activity_lines": [ 57.985333, 59.046451, 63.464494, 64.033961 ] }, { "date": "2026-07-31", "close": 62.08, "volume": 24976623, "typical_volume": 29582207.35, "trend": 62.820245, "fair_value": 68.115281, "relative_strength": 2.514601, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.497172, "energy": 19.967591, "activity_lines": [ 59.683333, 59.259855, 63.00115, 64.02633 ] }, { "date": "2026-08-07", "close": 59.59, "volume": 24394865, "typical_volume": 27946628.45, "trend": 63.218362, "fair_value": 67.976061, "relative_strength": -5.042594, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.062551, "energy": 13.581469, "activity_lines": [ 60.128, 59.146545, 62.345828, 63.817927 ] } ], "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." } } }