{ "ticker": { "uuid": "91b1af8f-319d-498b-bf18-e49df93e6634", "symbol": "PSXC", "name": "Phillips 66", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 67.938, "architecture_energy": 87.769, "architecture_maturity": 40.364, "architecture_confidence": 85.299, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 3.85, "rotation_up": 80.62, "upward_expansion": 97.62, "deceleration": 41.84, "rotation_down": 8.29, "downward_expansion": 21.95 }, "activity_lines": [ 179.216668, 171.051818, 161.731545, 156.183828 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 177.850006, "trend_reference": 147.64781, "distance_from_trend": 0.204556, "trend_direction": "Improving", "fair_value": 117.478447, "distance_from_fair_value": 0.513895, "fair_value_direction": "Improving", "relative_strength": 10.727494, "relative_strength_direction": "Improving", "price_momentum": 0.352201, "excess_performance": 0.177955, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.204556, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.130132, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.513895, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.214147, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.107275, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.061903, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.352201, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.666667, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 2.666667, "dry_up": 0.367647, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.053184, "annualized_volatility": 0.380851, "from_high_reference": -0.058995, "from_low_reference": 0.820114 }, "levels": { "trend_reference": 147.64781, "fair_value_reference": 117.478447, "structural_low": 126.177742, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.02007, "positive_rate": 0.62069, "directional_follow_through": 0.62069, "median_excess_return": 0.021942, "regime_survival": 0.724138, "best_return": 0.229897, "worst_return": -0.196963, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.028867, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": 0.003349, "regime_survival": 0.545455, "best_return": 0.411389, "worst_return": -0.050809, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.107363, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.07163, "regime_survival": 0.333333, "best_return": 0.432676, "worst_return": -0.091645, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.228325, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.172744, "regime_survival": 0.333333, "best_return": 0.269356, "worst_return": 0.208255, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-19", "tenure": "New", "return": -0.01466, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-11-15", "tenure": "Established", "return": -0.049389, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.157853, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": 0.06705, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.079278, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.072391, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.025384, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-13", "tenure": "Developing", "return": 0.19006, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.044812, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.038875, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-12", "tenure": "Developing", "return": 0.104393, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2026-04-24", "tenure": "Extended", "return": 0.2865, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": -0.02752, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.171607, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 94.613075, "volume": 0, "typical_volume": 14.9, "trend": 82.597587, "fair_value": 64.759692, "relative_strength": 14.973999, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.863362, "energy": 92.729759, "activity_lines": [ 92.549398, 88.0157, 84.059846, 83.020508 ] }, { "date": "2023-08-25", "close": 94.297836, "volume": 0, "typical_volume": 14.9, "trend": 82.79192, "fair_value": 65.107403, "relative_strength": 15.016702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.419987, "energy": 89.969285, "activity_lines": [ 93.70909, 89.784041, 85.219994, 83.775362 ] }, { "date": "2023-09-01", "close": 97.58519, "volume": 0, "typical_volume": 14.9, "trend": 83.379739, "fair_value": 65.483794, "relative_strength": 15.974277, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.336478, "energy": 93.14822, "activity_lines": [ 95.301572, 91.873613, 86.639586, 84.729767 ] }, { "date": "2023-09-08", "close": 103.619537, "volume": 0, "typical_volume": 14.9, "trend": 83.959187, "fair_value": 65.909581, "relative_strength": 23.523955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.86589, "energy": 96.74199, "activity_lines": [ 98.356244, 94.641741, 88.573061, 86.03556 ] }, { "date": "2023-09-15", "close": 102.403664, "volume": 0, "typical_volume": 14.9, "trend": 84.455644, "fair_value": 66.312485, "relative_strength": 19.855046, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.067295, "energy": 92.439461, "activity_lines": [ 100.164052, 96.718527, 90.28214, 87.225527 ] }, { "date": "2023-09-22", "close": 100.872566, "volume": 0, "typical_volume": 6.7, "trend": 85.017368, "fair_value": 66.734635, "relative_strength": 18.349867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.378699, "energy": 87.202628, "activity_lines": [ 100.953621, 98.117077, 91.728913, 88.284683 ] }, { "date": "2023-09-29", "close": 103.214249, "volume": 0, "typical_volume": 6.7, "trend": 85.517349, "fair_value": 67.181617, "relative_strength": 20.228472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.494753, "energy": 87.893842, "activity_lines": [ 102.106451, 99.558348, 93.275661, 89.458675 ] }, { "date": "2023-10-06", "close": 93.307106, "volume": 0, "typical_volume": 6.7, "trend": 85.771676, "fair_value": 67.557483, "relative_strength": 10.371432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.314376, "energy": 61.605283, "activity_lines": [ 99.362473, 98.855387, 93.751308, 89.96124 ] }, { "date": "2023-10-13", "close": 95.51371, "volume": 0, "typical_volume": 6.7, "trend": 86.343912, "fair_value": 67.949136, "relative_strength": 12.0309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.512735, "energy": 45.122622, "activity_lines": [ 97.639234, 98.481612, 94.364321, 90.589759 ] }, { "date": "2023-10-20", "close": 96.999794, "volume": 0, "typical_volume": 6.7, "trend": 87.040871, "fair_value": 68.359961, "relative_strength": 17.959612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.296446, "energy": 35.234549, "activity_lines": [ 96.951746, 98.295893, 95.038799, 91.277235 ] }, { "date": "2023-10-27", "close": 93.126999, "volume": 34, "typical_volume": 8.4, "trend": 87.442211, "fair_value": 68.762616, "relative_strength": 13.784764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.410374, "energy": 33.166088, "activity_lines": [ 95.333584, 97.36577, 95.263749, 91.669888 ] }, { "date": "2023-11-03", "close": 97.360039, "volume": 0, "typical_volume": 7.5, "trend": 87.919745, "fair_value": 69.188926, "relative_strength": 12.662701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.045437, "energy": 24.760421, "activity_lines": [ 95.642807, 97.232311, 95.837752, 92.309748 ] }, { "date": "2023-11-10", "close": 94.568039, "volume": 0, "typical_volume": 7.5, "trend": 88.244885, "fair_value": 69.548637, "relative_strength": 8.818745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.148716, "energy": 20.185939, "activity_lines": [ 95.411643, 96.535539, 96.058859, 92.73867 ] }, { "date": "2023-11-17", "close": 97.048363, "volume": 0, "typical_volume": 7.5, "trend": 88.786041, "fair_value": 69.905687, "relative_strength": 9.171636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.627468, "energy": 17.492467, "activity_lines": [ 95.923192, 96.344592, 96.420922, 93.306637 ] }, { "date": "2023-11-24", "close": 99.322235, "volume": 86, "typical_volume": 11.8, "trend": 89.498738, "fair_value": 70.264146, "relative_strength": 12.279586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.660565, "energy": 33.288456, "activity_lines": [ 97.090388, 96.686553, 96.907668, 93.986391 ] }, { "date": "2023-12-01", "close": 109.281746, "volume": 86, "typical_volume": 16.1, "trend": 90.64034, "fair_value": 70.676776, "relative_strength": 20.748484, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 85.344158, "energy": 64.032725, "activity_lines": [ 101.422592, 98.895359, 98.25289, 95.262714 ] }, { "date": "2023-12-08", "close": 106.689545, "volume": 0, "typical_volume": 16.1, "trend": 91.64913, "fair_value": 71.071017, "relative_strength": 17.200373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.169796, "energy": 80.793937, "activity_lines": [ 103.813745, 100.479962, 99.210871, 96.298147 ] }, { "date": "2023-12-15", "close": 107.371689, "volume": 0, "typical_volume": 16.1, "trend": 92.627454, "fair_value": 71.482493, "relative_strength": 15.804816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.769846, "energy": 83.772442, "activity_lines": [ 105.810313, 102.125404, 100.127453, 97.312505 ] }, { "date": "2023-12-22", "close": 111.646545, "volume": 12, "typical_volume": 10.9, "trend": 93.725684, "fair_value": 71.908409, "relative_strength": 18.654846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.901764, "energy": 89.759203, "activity_lines": [ 108.378256, 104.292373, 101.365329, 98.539544 ] }, { "date": "2023-12-29", "close": 109.190796, "volume": 0, "typical_volume": 10.9, "trend": 94.696877, "fair_value": 72.325925, "relative_strength": 14.766623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.106865, "energy": 82.200834, "activity_lines": [ 109.154404, 105.719518, 102.270988, 99.537293 ] }, { "date": "2024-01-05", "close": 113.73851, "volume": 0, "typical_volume": 10.9, "trend": 95.762592, "fair_value": 72.758211, "relative_strength": 19.163734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.439389, "energy": 90.177693, "activity_lines": [ 110.788553, 107.751865, 103.541167, 100.765785 ] }, { "date": "2024-01-12", "close": 109.327209, "volume": 0, "typical_volume": 10.9, "trend": 96.770432, "fair_value": 73.153762, "relative_strength": 15.035616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.256709, "energy": 67.199539, "activity_lines": [ 110.65515, 108.607403, 104.300148, 101.640922 ] }, { "date": "2024-01-19", "close": 106.962402, "volume": 0, "typical_volume": 10.9, "trend": 97.850436, "fair_value": 73.538358, "relative_strength": 13.906854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.444713, "energy": 52.878254, "activity_lines": [ 109.557634, 108.815391, 104.762341, 102.298468 ] }, { "date": "2024-01-26", "close": 115.557602, "volume": 0, "typical_volume": 10.9, "trend": 99.11054, "fair_value": 73.991674, "relative_strength": 18.515108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.556322, "energy": 59.937699, "activity_lines": [ 111.352471, 110.360791, 105.998471, 103.440866 ] }, { "date": "2024-02-02", "close": 123.516121, "volume": 0, "typical_volume": 10.9, "trend": 100.547355, "fair_value": 74.479193, "relative_strength": 26.169332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.264338, "energy": 70.286349, "activity_lines": [ 115.53941, 113.016662, 107.935707, 105.01542 ] }, { "date": "2024-02-09", "close": 123.197769, "volume": 0, "typical_volume": 10.9, "trend": 101.993769, "fair_value": 74.950187, "relative_strength": 27.903895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.201082, "energy": 89.769165, "activity_lines": [ 118.66521, 115.174763, 109.742088, 106.476737 ] }, { "date": "2024-02-16", "close": 124.660461, "volume": 0, "typical_volume": 10.9, "trend": 103.337354, "fair_value": 75.403879, "relative_strength": 26.625928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.694699, "energy": 92.27214, "activity_lines": [ 121.647957, 117.345789, 111.581463, 107.939104 ] }, { "date": "2024-02-23", "close": 123.743851, "volume": 0, "typical_volume": 10.9, "trend": 104.483938, "fair_value": 75.849333, "relative_strength": 25.484843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.174735, "energy": 88.436396, "activity_lines": [ 123.30295, 119.023414, 113.231418, 109.255652 ] }, { "date": "2024-03-01", "close": 121.864777, "volume": 0, "typical_volume": 10.9, "trend": 105.5129, "fair_value": 76.26508, "relative_strength": 22.903847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.781597, "energy": 85.103017, "activity_lines": [ 123.212822, 120.061714, 114.557475, 110.376996 ] }, { "date": "2024-03-08", "close": 124.614624, "volume": 0, "typical_volume": 10.9, "trend": 106.507202, "fair_value": 76.683926, "relative_strength": 24.696561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.423899, "energy": 71.243445, "activity_lines": [ 123.618831, 121.414201, 116.019942, 111.609366 ] }, { "date": "2024-03-15", "close": 133.047546, "volume": 0, "typical_volume": 9.2, "trend": 107.788351, "fair_value": 77.177468, "relative_strength": 30.717299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.988472, "energy": 73.723367, "activity_lines": [ 126.762581, 124.019512, 118.154045, 113.321646 ] }, { "date": "2024-03-22", "close": 134.42247, "volume": 0, "typical_volume": 9.2, "trend": 109.125838, "fair_value": 77.675664, "relative_strength": 27.608849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.460523, "energy": 84.114975, "activity_lines": [ 129.707987, 126.523736, 120.228995, 115.039976 ] }, { "date": "2024-03-29", "close": 137.172333, "volume": 0, "typical_volume": 9.2, "trend": 110.44541, "fair_value": 78.197546, "relative_strength": 27.774655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.738267, "energy": 87.72648, "activity_lines": [ 132.919214, 129.071658, 122.389349, 116.849428 ] }, { "date": "2024-04-05", "close": 145.19278, "volume": 0, "typical_volume": 9.2, "trend": 111.831185, "fair_value": 78.784395, "relative_strength": 32.837947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.214505, "energy": 95.888585, "activity_lines": [ 137.908691, 132.528572, 125.110677, 119.091193 ] }, { "date": "2024-04-12", "close": 141.929596, "volume": 0, "typical_volume": 4.9, "trend": 113.148716, "fair_value": 79.356487, "relative_strength": 29.157038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.125053, "energy": 90.800695, "activity_lines": [ 140.255239, 134.853358, 127.291968, 121.033026 ] }, { "date": "2024-04-19", "close": 133.350037, "volume": 0, "typical_volume": 0.6, "trend": 114.231298, "fair_value": 79.890421, "relative_strength": 20.992519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.799641, "energy": 67.249428, "activity_lines": [ 138.587603, 135.283434, 128.453265, 122.336337 ] }, { "date": "2024-04-26", "close": 129.536896, "volume": 4, "typical_volume": 0.8, "trend": 115.10872, "fair_value": 80.371675, "relative_strength": 16.255566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.824843, "energy": 62.77422, "activity_lines": [ 135.628754, 134.835624, 129.136794, 123.323795 ] }, { "date": "2024-05-03", "close": 121.52562, "volume": 1, "typical_volume": 0.85, "trend": 116.049337, "fair_value": 80.785865, "relative_strength": 7.080028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.945346, "energy": 27.262387, "activity_lines": [ 130.325184, 132.842557, 128.948549, 123.737789 ] }, { "date": "2024-05-10", "close": 124.605484, "volume": 0, "typical_volume": 0.25, "trend": 117.019063, "fair_value": 81.219592, "relative_strength": 6.316578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.210859, "energy": 34.496445, "activity_lines": [ 127.091351, 131.449796, 128.986223, 124.289798 ] }, { "date": "2024-05-17", "close": 123.552864, "volume": 0, "typical_volume": 0.25, "trend": 117.904165, "fair_value": 81.647622, "relative_strength": 3.106031, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.367883, "energy": 29.935798, "activity_lines": [ 124.87913, 129.815819, 128.86194, 124.711334 ] }, { "date": "2024-05-24", "close": 121.555893, "volume": 0, "typical_volume": 0.25, "trend": 118.851795, "fair_value": 82.068571, "relative_strength": 1.106539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.50338, "energy": 28.667464, "activity_lines": [ 123.226367, 127.838061, 128.479077, 124.946929 ] }, { "date": "2024-05-31", "close": 120.095139, "volume": 0, "typical_volume": 0.25, "trend": 119.609631, "fair_value": 82.453112, "relative_strength": 1.055572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.18899, "energy": 29.566116, "activity_lines": [ 121.872963, 125.80365, 127.91987, 125.027145 ] }, { "date": "2024-06-07", "close": 118.283096, "volume": 0, "typical_volume": 0.25, "trend": 120.400133, "fair_value": 82.817714, "relative_strength": -0.047142, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.836146, "energy": 32.445593, "activity_lines": [ 120.544995, 123.700274, 127.136811, 124.941562 ] }, { "date": "2024-06-14", "close": 118.412521, "volume": 0, "typical_volume": 0.25, "trend": 121.112272, "fair_value": 83.201871, "relative_strength": 3.048406, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.368139, "energy": 53.626597, "activity_lines": [ 119.476337, 121.963871, 126.31217, 124.813329 ] }, { "date": "2024-06-21", "close": 119.688377, "volume": 0, "typical_volume": 0.25, "trend": 121.791143, "fair_value": 83.580787, "relative_strength": 1.962845, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.200006, "energy": 45.930361, "activity_lines": [ 119.245829, 120.946355, 125.595445, 124.721465 ] }, { "date": "2024-06-28", "close": 121.722313, "volume": 0, "typical_volume": 0.25, "trend": 122.205829, "fair_value": 83.976069, "relative_strength": 2.63399, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.176617, "energy": 30.247523, "activity_lines": [ 119.950931, 120.703031, 125.090655, 124.717024 ] }, { "date": "2024-07-05", "close": 118.560448, "volume": 0, "typical_volume": 0.25, "trend": 122.601526, "fair_value": 84.375321, "relative_strength": -3.05345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.907371, "energy": 33.558884, "activity_lines": [ 119.590984, 120.096236, 124.291761, 124.481838 ] }, { "date": "2024-07-12", "close": 116.637459, "volume": 0, "typical_volume": 0.25, "trend": 122.910385, "fair_value": 84.786587, "relative_strength": -4.91313, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -41.333422, "energy": 34.935328, "activity_lines": [ 118.692353, 119.339379, 123.338773, 124.09706 ] }, { "date": "2024-07-19", "close": 116.822357, "volume": 0, "typical_volume": 0.25, "trend": 123.082912, "fair_value": 85.216827, "relative_strength": -4.176479, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.9063, "energy": 43.725217, "activity_lines": [ 117.965065, 118.705014, 122.437234, 123.704284 ] }, { "date": "2024-07-26", "close": 120.206108, "volume": 0, "typical_volume": 0.25, "trend": 123.450089, "fair_value": 85.664596, "relative_strength": -1.680594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -30.979801, "energy": 42.611397, "activity_lines": [ 118.471704, 118.827389, 121.881969, 123.518684 ] }, { "date": "2024-08-02", "close": 114.178223, "volume": 77, "typical_volume": 4.1, "trend": 123.464746, "fair_value": 86.069148, "relative_strength": -3.002528, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.367385, "energy": 64.699431, "activity_lines": [ 116.934532, 117.914635, 120.773613, 122.920499 ] }, { "date": "2024-08-09", "close": 115.121223, "volume": 53, "typical_volume": 6.75, "trend": 123.65788, "fair_value": 86.477456, "relative_strength": -3.268421, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.300218, "energy": 59.789178, "activity_lines": [ 116.214634, 117.307475, 119.84492, 122.382207 ] }, { "date": "2024-08-16", "close": 117.488007, "volume": 0, "typical_volume": 6.75, "trend": 124.008733, "fair_value": 86.933155, "relative_strength": -3.183814, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.899899, "energy": 42.455625, "activity_lines": [ 116.512945, 117.221074, 119.233545, 121.984151 ] }, { "date": "2024-08-23", "close": 112.403358, "volume": 0, "typical_volume": 6.75, "trend": 123.903592, "fair_value": 87.332926, "relative_strength": -8.94162, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.60598, "energy": 55.575747, "activity_lines": [ 115.059669, 116.224647, 118.231653, 121.235417 ] }, { "date": "2024-08-30", "close": 117.907829, "volume": 0, "typical_volume": 6.75, "trend": 123.716649, "fair_value": 87.780863, "relative_strength": -5.559478, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.179308, "energy": 39.519302, "activity_lines": [ 115.735818, 116.338291, 117.910137, 120.848593 ] }, { "date": "2024-09-06", "close": 107.30938, "volume": 0, "typical_volume": 6.75, "trend": 123.187036, "fair_value": 88.169098, "relative_strength": -10.327973, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.93095, "energy": 53.240906, "activity_lines": [ 113.032368, 114.557318, 116.693634, 119.79006 ] }, { "date": "2024-09-13", "close": 107.16011, "volume": 45, "typical_volume": 8.8, "trend": 122.603691, "fair_value": 88.55912, "relative_strength": -10.859292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.813654, "energy": 69.994804, "activity_lines": [ 110.737085, 113.011258, 115.586918, 118.756065 ] }, { "date": "2024-09-20", "close": 108.708817, "volume": 0, "typical_volume": 8.75, "trend": 122.102523, "fair_value": 88.949568, "relative_strength": -9.791434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.449583, "energy": 63.492232, "activity_lines": [ 109.488779, 111.95406, 114.734254, 117.859621 ] }, { "date": "2024-09-27", "close": 109.791069, "volume": 0, "typical_volume": 8.75, "trend": 121.700066, "fair_value": 89.330904, "relative_strength": -9.572354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.452933, "energy": 66.691809, "activity_lines": [ 109.186502, 111.237793, 114.045693, 117.065334 ] }, { "date": "2024-10-04", "close": 118.113098, "volume": 0, "typical_volume": 8.75, "trend": 121.483348, "fair_value": 89.717546, "relative_strength": -1.837248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.517909, "energy": 34.270068, "activity_lines": [ 111.832388, 112.162463, 114.220252, 116.833917 ] }, { "date": "2024-10-11", "close": 116.377777, "volume": 0, "typical_volume": 8.75, "trend": 120.927689, "fair_value": 90.091903, "relative_strength": -3.530547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.61645, "energy": 18.468356, "activity_lines": [ 113.886149, 112.809675, 114.255446, 116.504525 ] }, { "date": "2024-10-18", "close": 113.448273, "volume": 0, "typical_volume": 8.75, "trend": 120.228549, "fair_value": 90.445897, "relative_strength": -6.250052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.398998, "energy": 18.921018, "activity_lines": [ 114.358848, 112.884258, 114.036297, 116.021982 ] }, { "date": "2024-10-25", "close": 111.563705, "volume": 0, "typical_volume": 8.75, "trend": 119.374929, "fair_value": 90.815685, "relative_strength": -6.68431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.958742, "energy": 20.604667, "activity_lines": [ 113.784148, 112.646609, 113.669318, 115.46296 ] }, { "date": "2024-11-01", "close": 104.454514, "volume": 0, "typical_volume": 8.75, "trend": 118.016986, "fair_value": 91.131243, "relative_strength": -11.231007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.941023, "energy": 37.371906, "activity_lines": [ 110.649391, 111.224095, 112.657269, 114.500352 ] }, { "date": "2024-11-08", "close": 109.324585, "volume": 169, "typical_volume": 17.2, "trend": 116.930153, "fair_value": 91.477491, "relative_strength": -7.724351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.948236, "energy": 43.001956, "activity_lines": [ 109.493761, 110.831573, 112.175504, 113.939552 ] }, { "date": "2024-11-15", "close": 114.269287, "volume": 0, "typical_volume": 17.2, "trend": 116.294128, "fair_value": 91.869878, "relative_strength": -3.84391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.195455, "energy": 32.331679, "activity_lines": [ 110.572267, 111.494146, 112.214014, 113.767884 ] }, { "date": "2024-11-22", "close": 120.042549, "volume": 0, "typical_volume": 17.2, "trend": 115.977649, "fair_value": 92.314469, "relative_strength": 1.476186, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.776259, "energy": 4.298662, "activity_lines": [ 113.715759, 113.07986, 112.837849, 114.009717 ] }, { "date": "2024-11-29", "close": 118.780533, "volume": 0, "typical_volume": 17.2, "trend": 115.886147, "fair_value": 92.740162, "relative_strength": 0.186363, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.110228, "energy": 21.630457, "activity_lines": [ 115.99896, 114.20189, 113.334434, 114.190548 ] }, { "date": "2024-12-06", "close": 114.730774, "volume": 0, "typical_volume": 17.2, "trend": 115.55699, "fair_value": 93.135614, "relative_strength": -4.422952, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.241797, "energy": 23.589097, "activity_lines": [ 116.451121, 114.404478, 113.435123, 114.116008 ] }, { "date": "2024-12-13", "close": 110.323128, "volume": 85, "typical_volume": 21.45, "trend": 115.115998, "fair_value": 93.50324, "relative_strength": -9.627255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.994796, "energy": 18.831991, "activity_lines": [ 114.748981, 113.715864, 113.125996, 113.77834 ] }, { "date": "2024-12-20", "close": 101.093414, "volume": 0, "typical_volume": 17.6, "trend": 114.433916, "fair_value": 93.808276, "relative_strength": -15.620311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.558364, "energy": 46.749162, "activity_lines": [ 109.903701, 111.490755, 111.984911, 112.873657 ] }, { "date": "2024-12-27", "close": 101.413643, "volume": 0, "typical_volume": 14.95, "trend": 113.811199, "fair_value": 94.11376, "relative_strength": -16.121307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.95895, "energy": 67.161087, "activity_lines": [ 106.043556, 109.601767, 110.936632, 112.033639 ] }, { "date": "2025-01-03", "close": 105.482239, "volume": 0, "typical_volume": 14.95, "trend": 113.384504, "fair_value": 94.405513, "relative_strength": -13.028697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.82071, "energy": 68.704013, "activity_lines": [ 104.781536, 108.671335, 110.341112, 111.496287 ] }, { "date": "2025-01-10", "close": 104.615776, "volume": 0, "typical_volume": 14.95, "trend": 112.924612, "fair_value": 94.666884, "relative_strength": -13.582695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.839587, "energy": 72.271914, "activity_lines": [ 104.117248, 107.693937, 109.720243, 110.930563 ] }, { "date": "2025-01-17", "close": 109.776863, "volume": 0, "typical_volume": 14.95, "trend": 112.594229, "fair_value": 94.973003, "relative_strength": -12.26353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.900699, "energy": 54.825607, "activity_lines": [ 105.847656, 107.651986, 109.62799, 110.727482 ] }, { "date": "2025-01-24", "close": 110.210091, "volume": 0, "typical_volume": 14.95, "trend": 112.210488, "fair_value": 95.266274, "relative_strength": -13.158441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.424534, "energy": 21.837664, "activity_lines": [ 107.75889, 107.680581, 109.615715, 110.573667 ] }, { "date": "2025-01-31", "close": 108.213478, "volume": 0, "typical_volume": 12.7, "trend": 111.865589, "fair_value": 95.546961, "relative_strength": -14.762585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.207364, "energy": 16.979352, "activity_lines": [ 108.396809, 107.419958, 109.399473, 110.315795 ] }, { "date": "2025-02-07", "close": 109.532005, "volume": 0, "typical_volume": 12.7, "trend": 111.62874, "fair_value": 95.813733, "relative_strength": -13.63228, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.177915, "energy": 19.51911, "activity_lines": [ 109.020914, 107.614142, 109.30379, 110.165241 ] }, { "date": "2025-02-14", "close": 114.391716, "volume": 0, "typical_volume": 12.7, "trend": 111.547719, "fair_value": 96.128935, "relative_strength": -13.880949, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.399306, "energy": 14.240609, "activity_lines": [ 110.994939, 108.860065, 109.667016, 110.343498 ] }, { "date": "2025-02-21", "close": 118.215446, "volume": 0, "typical_volume": 12.7, "trend": 111.481364, "fair_value": 96.481428, "relative_strength": -9.84011, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.652116, "energy": 32.362372, "activity_lines": [ 113.59181, 110.807376, 110.372499, 110.773674 ] }, { "date": "2025-02-28", "close": 117.122353, "volume": 0, "typical_volume": 12.7, "trend": 111.579501, "fair_value": 96.816408, "relative_strength": -12.401834, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.322204, "energy": 41.307613, "activity_lines": [ 115.261746, 112.412446, 110.973391, 111.137609 ] }, { "date": "2025-03-07", "close": 108.643776, "volume": 0, "typical_volume": 12.7, "trend": 111.363586, "fair_value": 97.11361, "relative_strength": -20.901101, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.347674, "energy": 19.063265, "activity_lines": [ 113.644671, 112.184521, 110.763254, 110.948207 ] }, { "date": "2025-03-14", "close": 110.088554, "volume": 0, "typical_volume": 12.7, "trend": 111.116938, "fair_value": 97.440977, "relative_strength": -19.332365, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.84421, "energy": 12.642436, "activity_lines": [ 112.480503, 112.087827, 110.713593, 110.865947 ] }, { "date": "2025-03-21", "close": 110.506783, "volume": 0, "typical_volume": 12.7, "trend": 111.053719, "fair_value": 97.740049, "relative_strength": -17.676479, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.232872, "energy": 5.487527, "activity_lines": [ 111.418641, 111.983423, 110.710788, 110.826582 ] }, { "date": "2025-03-28", "close": 107.294044, "volume": 0, "typical_volume": 4.25, "trend": 110.699926, "fair_value": 98.007045, "relative_strength": -17.810449, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.413171, "energy": 22.152634, "activity_lines": [ 109.544861, 111.187775, 110.373187, 110.584022 ] }, { "date": "2025-04-04", "close": 85.612823, "volume": 0, "typical_volume": 4.25, "trend": 109.976707, "fair_value": 98.134571, "relative_strength": -26.405604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.550193, "energy": 77.442339, "activity_lines": [ 101.172102, 106.495229, 107.980378, 108.965499 ] }, { "date": "2025-04-11", "close": 79.006737, "volume": 0, "typical_volume": 4.25, "trend": 109.038262, "fair_value": 98.219967, "relative_strength": -30.424666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.065918, "energy": 93.282088, "activity_lines": [ 92.697949, 101.0488, 105.094877, 106.967437 ] }, { "date": "2025-04-18", "close": 83.388611, "volume": 0, "typical_volume": 4.25, "trend": 108.194255, "fair_value": 98.328037, "relative_strength": -29.587113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.198995, "energy": 93.064076, "activity_lines": [ 87.660223, 96.930107, 102.822105, 105.312621 ] }, { "date": "2025-04-25", "close": 85.916977, "volume": 89, "typical_volume": 8.7, "trend": 107.398452, "fair_value": 98.419063, "relative_strength": -29.361419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.055904, "energy": 88.294539, "activity_lines": [ 85.245282, 93.746451, 100.958664, 103.875377 ] }, { "date": "2025-05-02", "close": 88.027115, "volume": 0, "typical_volume": 4.45, "trend": 106.395586, "fair_value": 98.496917, "relative_strength": -28.077176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.376362, "energy": 86.755094, "activity_lines": [ 85.173041, 91.464179, 99.433396, 102.625613 ] }, { "date": "2025-05-09", "close": 93.036324, "volume": 0, "typical_volume": 4.45, "trend": 105.617537, "fair_value": 98.60309, "relative_strength": -26.766299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.873345, "energy": 57.985097, "activity_lines": [ 88.054998, 90.641551, 98.491368, 101.763725 ] }, { "date": "2025-05-16", "close": 104.613586, "volume": 0, "typical_volume": 4.45, "trend": 105.323048, "fair_value": 98.788739, "relative_strength": -19.524115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.534541, "energy": 27.671372, "activity_lines": [ 94.301142, 92.361808, 98.690303, 101.698954 ] }, { "date": "2025-05-23", "close": 95.118988, "volume": 0, "typical_volume": 4.45, "trend": 104.77489, "fair_value": 98.876293, "relative_strength": -25.392828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.192596, "energy": 24.340531, "activity_lines": [ 95.675298, 92.42905, 97.969753, 101.040628 ] }, { "date": "2025-05-30", "close": 96.637352, "volume": 0, "typical_volume": 4.45, "trend": 104.514318, "fair_value": 98.966899, "relative_strength": -24.406106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.699359, "energy": 26.448269, "activity_lines": [ 96.773549, 93.044533, 97.443158, 100.515625 ] }, { "date": "2025-06-06", "close": 96.06076, "volume": 0, "typical_volume": 4.45, "trend": 104.072191, "fair_value": 99.030869, "relative_strength": -24.693444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.368513, "energy": 25.626025, "activity_lines": [ 96.964911, 93.807351, 96.899641, 99.970235 ] }, { "date": "2025-06-13", "close": 101.884377, "volume": 0, "typical_volume": 4.45, "trend": 103.659361, "fair_value": 99.207016, "relative_strength": -17.848768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.822617, "energy": 15.194086, "activity_lines": [ 98.561903, 95.833251, 96.97607, 99.829085 ] }, { "date": "2025-06-20", "close": 104.652031, "volume": 0, "typical_volume": 4.45, "trend": 103.146343, "fair_value": 99.432882, "relative_strength": -14.690706, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.464994, "energy": 12.795813, "activity_lines": [ 100.491576, 98.066515, 97.355731, 99.893129 ] }, { "date": "2025-06-27", "close": 97.233162, "volume": 0, "typical_volume": 4.45, "trend": 102.428098, "fair_value": 99.623126, "relative_strength": -21.62507, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.088416, "energy": 13.284844, "activity_lines": [ 99.945729, 98.484615, 97.045792, 99.511633 ] }, { "date": "2025-07-04", "close": 103.306641, "volume": 0, "typical_volume": 4.45, "trend": 102.047293, "fair_value": 99.842229, "relative_strength": -15.587471, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.309556, "energy": 16.877848, "activity_lines": [ 101.283431, 99.755265, 97.372846, 99.568313 ] }, { "date": "2025-07-11", "close": 109.341667, "volume": 0, "typical_volume": 4.45, "trend": 102.014578, "fair_value": 100.106369, "relative_strength": -12.197682, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.165361, "energy": 47.125729, "activity_lines": [ 104.188188, 101.807016, 98.327451, 100.038918 ] }, { "date": "2025-07-18", "close": 103.825584, "volume": 0, "typical_volume": 4.45, "trend": 102.10565, "fair_value": 100.312263, "relative_strength": -16.16659, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.200471, "energy": 38.668802, "activity_lines": [ 104.368858, 102.468306, 98.79897, 100.155757 ] }, { "date": "2025-07-25", "close": 101.999695, "volume": 0, "typical_volume": 4.45, "trend": 102.125185, "fair_value": 100.491176, "relative_strength": -18.669224, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.034936, "energy": 37.011195, "activity_lines": [ 103.811484, 102.601448, 99.159913, 100.148921 ] }, { "date": "2025-08-01", "close": 99.789406, "volume": 34, "typical_volume": 6.15, "trend": 101.935424, "fair_value": 100.680066, "relative_strength": -17.742382, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.894995, "energy": 15.742438, "activity_lines": [ 102.694169, 102.380244, 99.34199, 99.998226 ] }, { "date": "2025-08-08", "close": 98.751541, "volume": 0, "typical_volume": 6.15, "trend": 101.73995, "fair_value": 100.843798, "relative_strength": -22.521101, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.668932, "energy": 7.910068, "activity_lines": [ 101.060483, 101.885421, 99.474267, 99.792814 ] }, { "date": "2025-08-15", "close": 101.653732, "volume": 0, "typical_volume": 6.15, "trend": 101.469178, "fair_value": 101.006384, "relative_strength": -21.670069, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.074788, "energy": 8.145075, "activity_lines": [ 100.697868, 101.87983, 99.938921, 99.787252 ] }, { "date": "2025-08-22", "close": 106.241669, "volume": 0, "typical_volume": 6.15, "trend": 101.336898, "fair_value": 101.169254, "relative_strength": -16.616273, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.862682, "energy": 11.611108, "activity_lines": [ 102.377094, 102.606718, 100.867379, 100.095154 ] }, { "date": "2025-08-29", "close": 110.168617, "volume": 0, "typical_volume": 6.15, "trend": 101.402069, "fair_value": 101.382658, "relative_strength": -9.807744, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 41.908464, "energy": 42.932448, "activity_lines": [ 105.20423, 103.968373, 102.0716, 100.664943 ] }, { "date": "2025-09-05", "close": 107.777451, "volume": 2, "typical_volume": 6.25, "trend": 101.343584, "fair_value": 101.59297, "relative_strength": -11.02237, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.578478, "energy": 53.733103, "activity_lines": [ 106.689716, 104.794969, 102.899701, 101.076258 ] }, { "date": "2025-09-12", "close": 109.060509, "volume": 0, "typical_volume": 1.8, "trend": 101.165877, "fair_value": 101.848606, "relative_strength": -10.528935, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.354723, "energy": 71.22067, "activity_lines": [ 108.070351, 105.663135, 103.73386, 101.574124 ] }, { "date": "2025-09-19", "close": 106.338867, "volume": 0, "typical_volume": 1.8, "trend": 100.769991, "fair_value": 102.094382, "relative_strength": -11.940454, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.833472, "energy": 66.014218, "activity_lines": [ 107.856508, 105.93184, 104.198609, 101.907865 ] }, { "date": "2025-09-26", "close": 117.128273, "volume": 0, "typical_volume": 1.8, "trend": 100.770188, "fair_value": 102.387006, "relative_strength": -3.185813, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.175649, "energy": 78.742374, "activity_lines": [ 110.926792, 108.216852, 105.60372, 102.963238 ] }, { "date": "2025-10-03", "close": 112.365379, "volume": 86, "typical_volume": 6.1, "trend": 100.894242, "fair_value": 102.577669, "relative_strength": -8.508613, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.659428, "energy": 70.709852, "activity_lines": [ 111.68367, 109.394016, 106.4405, 103.711315 ] }, { "date": "2025-10-10", "close": 107.855209, "volume": 0, "typical_volume": 6.1, "trend": 100.819797, "fair_value": 102.726519, "relative_strength": -9.876048, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.579753, "energy": 52.080615, "activity_lines": [ 110.790708, 109.562683, 106.810826, 104.16041 ] }, { "date": "2025-10-17", "close": 107.855209, "volume": 0, "typical_volume": 6.1, "trend": 100.731411, "fair_value": 102.859644, "relative_strength": -7.602369, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.195476, "energy": 45.264389, "activity_lines": [ 109.892562, 109.584698, 107.120503, 104.614307 ] }, { "date": "2025-10-24", "close": 113.842857, "volume": 0, "typical_volume": 6.1, "trend": 100.949705, "fair_value": 103.005459, "relative_strength": -3.82075, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.205978, "energy": 43.807097, "activity_lines": [ 111.070652, 110.529855, 107.947015, 105.460207 ] }, { "date": "2025-10-31", "close": 114.270538, "volume": 0, "typical_volume": 6.1, "trend": 101.904962, "fair_value": 103.159663, "relative_strength": -5.892377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.890734, "energy": 43.410844, "activity_lines": [ 111.891036, 111.331152, 108.729581, 106.319615 ] }, { "date": "2025-11-07", "close": 115.398087, "volume": 0, "typical_volume": 6.1, "trend": 103.118007, "fair_value": 103.299168, "relative_strength": -3.405037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.394832, "energy": 49.356373, "activity_lines": [ 113.277786, 112.191479, 109.560551, 107.19014 ] }, { "date": "2025-11-14", "close": 116.700584, "volume": 0, "typical_volume": 6.1, "trend": 104.228406, "fair_value": 103.459694, "relative_strength": -3.715455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.433804, "energy": 65.535671, "activity_lines": [ 114.89652, 113.193542, 110.464396, 108.066435 ] }, { "date": "2025-11-21", "close": 113.440903, "volume": 0, "typical_volume": 6.1, "trend": 105.14587, "fair_value": 103.588707, "relative_strength": -4.391942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.161038, "energy": 51.831095, "activity_lines": [ 114.839003, 113.440697, 110.965094, 108.660789 ] }, { "date": "2025-11-28", "close": 116.543488, "volume": 0, "typical_volume": 6.1, "trend": 106.096416, "fair_value": 103.764767, "relative_strength": -5.345655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.521632, "energy": 53.256794, "activity_lines": [ 115.443301, 114.172314, 111.713018, 109.39612 ] }, { "date": "2025-12-05", "close": 119.017715, "volume": 0, "typical_volume": 6.1, "trend": 106.962463, "fair_value": 103.99955, "relative_strength": -4.061459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.458686, "energy": 55.674287, "activity_lines": [ 116.692299, 115.168253, 112.662288, 110.229752 ] }, { "date": "2025-12-12", "close": 118.389336, "volume": 0, "typical_volume": 6.1, "trend": 107.421654, "fair_value": 104.232484, "relative_strength": -4.436754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.720641, "energy": 48.832021, "activity_lines": [ 117.41536, 116.015587, 113.479369, 110.966969 ] }, { "date": "2025-12-19", "close": 107.94265, "volume": 20, "typical_volume": 5.4, "trend": 107.84911, "fair_value": 104.381296, "relative_strength": -14.54573, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.486021, "energy": 23.851642, "activity_lines": [ 114.456775, 114.853998, 113.223481, 111.000582 ] }, { "date": "2025-12-26", "close": 107.648087, "volume": 0, "typical_volume": 5.4, "trend": 108.216134, "fair_value": 104.52347, "relative_strength": -14.478933, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.491237, "energy": 12.100412, "activity_lines": [ 111.983864, 113.637262, 112.900715, 110.987613 ] }, { "date": "2026-01-02", "close": 108.963745, "volume": 0, "typical_volume": 5.4, "trend": 108.646234, "fair_value": 104.666646, "relative_strength": -14.540141, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.738982, "energy": 21.032706, "activity_lines": [ 110.335694, 112.663502, 112.660886, 111.035846 ] }, { "date": "2026-01-09", "close": 120.765366, "volume": 0, "typical_volume": 5.4, "trend": 109.2756, "fair_value": 104.912743, "relative_strength": -5.707308, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.641808, "energy": 28.508939, "activity_lines": [ 113.126714, 113.924202, 113.51021, 111.817725 ] }, { "date": "2026-01-16", "close": 118.782074, "volume": 31, "typical_volume": 6.95, "trend": 109.746601, "fair_value": 105.123718, "relative_strength": -7.845723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.293856, "energy": 28.875052, "activity_lines": [ 115.140126, 114.706216, 114.101489, 112.431046 ] }, { "date": "2026-01-23", "close": 119.331902, "volume": 0, "typical_volume": 6.85, "trend": 110.483226, "fair_value": 105.321565, "relative_strength": -7.708102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.621344, "energy": 52.616294, "activity_lines": [ 117.310632, 115.526672, 114.704116, 113.049453 ] }, { "date": "2026-01-30", "close": 118.624977, "volume": 24, "typical_volume": 8.05, "trend": 110.993837, "fair_value": 105.569477, "relative_strength": -9.148146, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.107107, "energy": 61.963821, "activity_lines": [ 118.486213, 116.170754, 115.184396, 113.574727 ] }, { "date": "2026-02-06", "close": 131.52626, "volume": 339, "typical_volume": 25.0, "trend": 111.733324, "fair_value": 105.859799, "relative_strength": 0.069212, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.898392, "energy": 81.017112, "activity_lines": [ 123.230429, 119.066268, 116.847825, 114.899399 ] }, { "date": "2026-02-13", "close": 131.467331, "volume": 0, "typical_volume": 25.0, "trend": 112.654715, "fair_value": 106.141577, "relative_strength": 1.176629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.741208, "energy": 84.834835, "activity_lines": [ 126.450834, 121.678653, 118.385701, 116.172561 ] }, { "date": "2026-02-20", "close": 130.014221, "volume": 0, "typical_volume": 20.7, "trend": 113.588533, "fair_value": 106.436406, "relative_strength": -2.574626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.893856, "energy": 84.285639, "activity_lines": [ 128.473404, 123.80048, 119.716904, 117.292529 ] }, { "date": "2026-02-27", "close": 126.93116, "volume": 0, "typical_volume": 20.7, "trend": 114.493258, "fair_value": 106.684588, "relative_strength": -2.634211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.412426, "energy": 80.059716, "activity_lines": [ 128.719478, 125.150389, 120.670441, 118.153344 ] }, { "date": "2026-03-06", "close": 139.957367, "volume": 39, "typical_volume": 22.65, "trend": 115.866785, "fair_value": 107.032537, "relative_strength": 13.224162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.339109, "energy": 83.646495, "activity_lines": [ 132.801004, 128.523454, 122.77373, 119.79619 ] }, { "date": "2026-03-13", "close": 151.1595, "volume": 0, "typical_volume": 22.65, "trend": 117.516978, "fair_value": 107.499286, "relative_strength": 25.225911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.298495, "energy": 90.580371, "activity_lines": [ 139.194415, 133.345828, 125.791022, 122.073139 ] }, { "date": "2026-03-20", "close": 152.349106, "volume": 0, "typical_volume": 22.65, "trend": 119.053892, "fair_value": 107.98812, "relative_strength": 27.507766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.208215, "energy": 93.612153, "activity_lines": [ 144.675478, 137.617299, 128.743912, 124.320373 ] }, { "date": "2026-03-27", "close": 160.874634, "volume": 0, "typical_volume": 22.65, "trend": 120.744093, "fair_value": 108.499581, "relative_strength": 32.169156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.029615, "energy": 95.797683, "activity_lines": [ 151.606266, 142.864616, 132.32743, 127.018486 ] }, { "date": "2026-04-03", "close": 151.060379, "volume": 0, "typical_volume": 22.65, "trend": 122.186857, "fair_value": 108.935647, "relative_strength": 19.372783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.669861, "energy": 86.220093, "activity_lines": [ 153.208274, 145.562204, 134.759703, 128.974375 ] }, { "date": "2026-04-10", "close": 134.02916, "volume": 0, "typical_volume": 22.65, "trend": 123.019145, "fair_value": 109.25113, "relative_strength": -0.724654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.593539, "energy": 59.925136, "activity_lines": [ 147.524595, 144.586325, 135.406336, 129.738394 ] }, { "date": "2026-04-17", "close": 130.956009, "volume": 0, "typical_volume": 22.65, "trend": 123.839717, "fair_value": 109.572555, "relative_strength": -5.399597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.858786, "energy": 38.904579, "activity_lines": [ 141.211746, 142.771616, 135.662249, 130.25045 ] }, { "date": "2026-04-24", "close": 136.804916, "volume": 0, "typical_volume": 22.65, "trend": 124.495605, "fair_value": 109.949886, "relative_strength": 2.105504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.075425, "energy": 27.637023, "activity_lines": [ 138.195433, 142.030712, 136.40657, 131.086915 ] }, { "date": "2026-05-01", "close": 149.494064, "volume": 0, "typical_volume": 22.65, "trend": 125.733228, "fair_value": 110.427196, "relative_strength": 10.385102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.692278, "energy": 32.222217, "activity_lines": [ 140.445114, 143.499879, 138.27468, 132.699718 ] }, { "date": "2026-05-08", "close": 144.091263, "volume": 57, "typical_volume": 24.5, "trend": 126.941096, "fair_value": 110.860949, "relative_strength": 4.537148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.423691, "energy": 23.891408, "activity_lines": [ 141.652566, 143.63254, 139.480119, 133.884108 ] }, { "date": "2026-05-15", "close": 145.37999, "volume": 0, "typical_volume": 24.5, "trend": 128.191922, "fair_value": 111.292731, "relative_strength": 5.791448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.434362, "energy": 37.262621, "activity_lines": [ 143.754202, 143.687512, 140.636159, 135.073714 ] }, { "date": "2026-05-22", "close": 151.800003, "volume": 0, "typical_volume": 24.5, "trend": 129.45716, "fair_value": 111.761323, "relative_strength": 7.870723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.497263, "energy": 46.801651, "activity_lines": [ 147.239121, 144.811167, 142.223952, 136.596816 ] }, { "date": "2026-05-29", "close": 149.949997, "volume": 0, "typical_volume": 24.5, "trend": 130.646476, "fair_value": 112.209368, "relative_strength": 3.461085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.519077, "energy": 42.692124, "activity_lines": [ 148.71777, 145.586811, 143.431573, 137.918934 ] }, { "date": "2026-06-05", "close": 160.699997, "volume": 0, "typical_volume": 22.95, "trend": 132.156539, "fair_value": 112.715348, "relative_strength": 11.618323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.535138, "energy": 64.92238, "activity_lines": [ 152.903415, 148.360622, 145.524028, 139.857871 ] }, { "date": "2026-06-12", "close": 156.449997, "volume": 3, "typical_volume": 23.1, "trend": 133.48152, "fair_value": 113.211233, "relative_strength": 5.498525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.369355, "energy": 68.604477, "activity_lines": [ 154.925331, 150.36488, 147.012112, 141.425191 ] }, { "date": "2026-06-19", "close": 145.5, "volume": 0, "typical_volume": 21.9, "trend": 134.550156, "fair_value": 113.665962, "relative_strength": -5.785125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.672145, "energy": 42.863606, "activity_lines": [ 152.473332, 150.280236, 147.280587, 142.200577 ] }, { "date": "2026-06-26", "close": 151.5, "volume": 0, "typical_volume": 4.95, "trend": 135.715374, "fair_value": 114.138689, "relative_strength": -0.174111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.266089, "energy": 39.848475, "activity_lines": [ 152.013332, 151.077941, 147.992514, 143.294115 ] }, { "date": "2026-07-03", "close": 154.25, "volume": 0, "typical_volume": 4.95, "trend": 136.889783, "fair_value": 114.612012, "relative_strength": -0.829313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.107514, "energy": 36.94802, "activity_lines": [ 152.489999, 152.002119, 148.871232, 144.489898 ] }, { "date": "2026-07-10", "close": 165.149994, "volume": 3, "typical_volume": 5.1, "trend": 138.448472, "fair_value": 115.159093, "relative_strength": 7.411287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.134348, "energy": 47.89465, "activity_lines": [ 156.313331, 154.59093, 150.679557, 146.313137 ] }, { "date": "2026-07-17", "close": 178.949997, "volume": 5, "typical_volume": 5.35, "trend": 140.815383, "fair_value": 115.765484, "relative_strength": 18.10463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.701461, "energy": 83.035349, "activity_lines": [ 164.439997, 159.40418, 153.634854, 148.926139 ] }, { "date": "2026-07-24", "close": 182.050003, "volume": 0, "typical_volume": 3.4, "trend": 143.295447, "fair_value": 116.359739, "relative_strength": 17.895029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.847745, "energy": 91.105146, "activity_lines": [ 172.099999, 164.147271, 156.637681, 151.586437 ] }, { "date": "2026-07-31", "close": 182.449997, "volume": 0, "typical_volume": 3.4, "trend": 145.744989, "fair_value": 116.945983, "relative_strength": 17.56254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.107665, "energy": 92.092894, "activity_lines": [ 177.456665, 168.296362, 159.478162, 154.112537 ] }, { "date": "2026-08-07", "close": 177.850006, "volume": 0, "typical_volume": 3.4, "trend": 147.64781, "fair_value": 117.478447, "relative_strength": 10.727494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.938229, "energy": 87.768685, "activity_lines": [ 179.216668, 171.051818, 161.731545, 156.183828 ] } ], "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." } } }