{ "ticker": { "uuid": "94c0cd29-c638-4fcf-82b6-602ec6465588", "symbol": "KGF", "name": "Kingfisher plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 58.891, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 40.083, "architecture_energy": 40.814, "architecture_maturity": 11.715, "architecture_confidence": 82.906, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 33.41, "rotation_up": 70.76, "upward_expansion": 44.37, "deceleration": 29.46, "rotation_down": 19.53, "downward_expansion": 21.71 }, "activity_lines": [ 310.3, 300.214545, 294.536311, 298.013059 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 327.6, "trend_reference": 305.756025, "distance_from_trend": 0.071443, "trend_direction": "Weakening", "fair_value": 270.439617, "distance_from_fair_value": 0.211361, "fair_value_direction": "Improving", "relative_strength": 0.549838, "relative_strength_direction": "Improving", "price_momentum": -0.029053, "excess_performance": -0.095331, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071443, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.013159, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.211361, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.126743, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.005498, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.096851, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.029053, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.860664, "read": "Supply-led" } ], "volume": { "latest": 24508522, "relative_activity": 0.90214, "balance": 0.860664, "dry_up": 1.2195, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.053478, "annualized_volatility": 0.412379, "from_high_reference": -0.11981, "from_low_reference": 0.363865 }, "levels": { "trend_reference": 305.756025, "fair_value_reference": 270.439617, "structural_low": 266.4, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.007335, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.005111, "regime_survival": 0.461538, "best_return": 0.125377, "worst_return": -0.147735, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.019388, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.033314, "regime_survival": 0.142857, "best_return": 0.151071, "worst_return": -0.260372, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.090374, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.021625, "regime_survival": 0.0, "best_return": 0.197151, "worst_return": -0.233482, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.089052, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.05279, "regime_survival": 0.0, "best_return": 0.125307, "worst_return": -0.326809, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-03-21", "tenure": "Developing", "return": 0.132153, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-05-02", "tenure": "Developing", "return": 0.144732, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": -0.031535, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": -0.012968, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-20", "end": "2025-08-29", "tenure": "Developing", "return": -0.061611, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": -0.007504, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.052958, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": -0.010363, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.029167, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-13", "tenure": "Developing", "return": -0.005799, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.013144, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-01", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-07-17", "tenure": "Developing", "return": 0.05509, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.093823, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 234.791397, "volume": 21029140, "typical_volume": 37281515.8, "trend": 252.720965, "fair_value": 284.956327, "relative_strength": -4.008562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.544299, "energy": 21.572393, "activity_lines": [ 239.878039, 236.716132, 238.155852, 244.048106 ] }, { "date": "2023-08-18", "close": 226.901764, "volume": 27705114, "typical_volume": 35736677.45, "trend": 251.592228, "fair_value": 284.66205, "relative_strength": -3.863237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.131443, "energy": 23.302504, "activity_lines": [ 235.523764, 235.241708, 236.707397, 242.382351 ] }, { "date": "2023-08-25", "close": 226.801895, "volume": 20696096, "typical_volume": 35200073.6, "trend": 250.100765, "fair_value": 284.387595, "relative_strength": -4.901574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.378254, "energy": 37.40397, "activity_lines": [ 231.635542, 233.939784, 235.410678, 240.782975 ] }, { "date": "2023-09-01", "close": 232.394531, "volume": 34035377, "typical_volume": 35700801.1, "trend": 248.303214, "fair_value": 284.14707, "relative_strength": -4.142599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.062047, "energy": 40.303986, "activity_lines": [ 230.690113, 233.767281, 234.734629, 239.640637 ] }, { "date": "2023-09-08", "close": 225.803207, "volume": 17814192, "typical_volume": 34952868.6, "trend": 246.68861, "fair_value": 283.795878, "relative_strength": -6.884326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.95967, "energy": 50.336879, "activity_lines": [ 228.506318, 232.256541, 233.564501, 238.189024 ] }, { "date": "2023-09-15", "close": 235.690216, "volume": 45433304, "typical_volume": 36170170.25, "trend": 245.170629, "fair_value": 283.578399, "relative_strength": -5.54772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.74831, "energy": 31.893697, "activity_lines": [ 230.623537, 232.645122, 233.483931, 237.47945 ] }, { "date": "2023-09-22", "close": 220.110687, "volume": 55880766, "typical_volume": 36999589.9, "trend": 243.552629, "fair_value": 283.097363, "relative_strength": -11.178379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.231354, "energy": 35.597711, "activity_lines": [ 227.487658, 229.984982, 232.021405, 235.86268 ] }, { "date": "2023-09-29", "close": 223.006882, "volume": 36820602, "typical_volume": 36971425.35, "trend": 241.498728, "fair_value": 282.643204, "relative_strength": -8.971958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.650906, "energy": 35.560427, "activity_lines": [ 225.769917, 228.111082, 230.988836, 234.537147 ] }, { "date": "2023-10-06", "close": 217.014755, "volume": 33388028, "typical_volume": 36036242.0, "trend": 239.16855, "fair_value": 282.08094, "relative_strength": -10.054667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.145519, "energy": 41.582763, "activity_lines": [ 222.3078, 225.510862, 229.512139, 232.957536 ] }, { "date": "2023-10-13", "close": 206.665375, "volume": 50146799, "typical_volume": 35442899.55, "trend": 237.082407, "fair_value": 281.415886, "relative_strength": -15.336442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.70371, "energy": 69.295773, "activity_lines": [ 216.421209, 221.570045, 227.159709, 230.860557 ] }, { "date": "2023-10-20", "close": 200.971848, "volume": 44258907, "typical_volume": 34629939.9, "trend": 235.252402, "fair_value": 280.657429, "relative_strength": -15.368718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.389626, "energy": 79.233418, "activity_lines": [ 209.91263, 217.216186, 224.380424, 228.530844 ] }, { "date": "2023-10-27", "close": 204.367996, "volume": 39230535, "typical_volume": 34544896.2, "trend": 233.372539, "fair_value": 280.131746, "relative_strength": -12.502003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.344783, "energy": 79.205544, "activity_lines": [ 206.850659, 214.09471, 222.103699, 226.538301 ] }, { "date": "2023-11-03", "close": 222.247696, "volume": 31641200, "typical_volume": 33758428.4, "trend": 232.604471, "fair_value": 279.595992, "relative_strength": -6.421274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.982085, "energy": 61.626806, "activity_lines": [ 210.798101, 214.633793, 221.687041, 225.82057 ] }, { "date": "2023-11-10", "close": 225.743729, "volume": 56834416, "typical_volume": 34778377.5, "trend": 231.447117, "fair_value": 279.161295, "relative_strength": -4.043731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.285136, "energy": 30.277611, "activity_lines": [ 215.961499, 215.891322, 221.65451, 225.377941 ] }, { "date": "2023-11-17", "close": 232.935562, "volume": 42875049, "typical_volume": 35472302.05, "trend": 230.64929, "fair_value": 278.844953, "relative_strength": -2.752466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.677038, "energy": 15.514386, "activity_lines": [ 222.940244, 218.577381, 222.301967, 225.47397 ] }, { "date": "2023-11-24", "close": 218.751663, "volume": 47395610, "typical_volume": 35911334.5, "trend": 229.372012, "fair_value": 278.515057, "relative_strength": -8.266734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.197363, "energy": 21.781751, "activity_lines": [ 223.439676, 218.55487, 221.591245, 224.706381 ] }, { "date": "2023-12-01", "close": 224.345322, "volume": 41080945, "typical_volume": 36558158.15, "trend": 228.434266, "fair_value": 278.234445, "relative_strength": -6.257224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.358695, "energy": 19.317373, "activity_lines": [ 224.61834, 219.857361, 221.43732, 224.382078 ] }, { "date": "2023-12-08", "close": 231.836838, "volume": 55128469, "typical_volume": 37925861.4, "trend": 227.842742, "fair_value": 278.056205, "relative_strength": -3.356859, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.430078, "energy": 11.552702, "activity_lines": [ 226.962355, 222.444953, 222.044713, 224.601599 ] }, { "date": "2023-12-15", "close": 243.92308, "volume": 37450536, "typical_volume": 38435078.5, "trend": 227.970231, "fair_value": 277.887664, "relative_strength": 1.322705, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.576815, "energy": 29.162616, "activity_lines": [ 232.69584, 227.069499, 223.856243, 225.63904 ] }, { "date": "2023-12-22", "close": 246.520142, "volume": 26584183, "typical_volume": 38271463.4, "trend": 228.491019, "fair_value": 277.770938, "relative_strength": 0.728328, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.175192, "energy": 51.802923, "activity_lines": [ 238.083057, 231.676995, 225.928695, 226.835809 ] }, { "date": "2023-12-29", "close": 243.024109, "volume": 6800742, "typical_volume": 37560043.5, "trend": 228.638943, "fair_value": 277.599832, "relative_strength": -1.146309, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.746357, "energy": 55.177966, "activity_lines": [ 241.39929, 234.924217, 227.64135, 227.773427 ] }, { "date": "2024-01-05", "close": 229.039993, "volume": 21779930, "typical_volume": 37263784.3, "trend": 228.360677, "fair_value": 277.239336, "relative_strength": -6.131214, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.055878, "energy": 47.397382, "activity_lines": [ 238.435988, 234.864286, 227.982982, 227.799302 ] }, { "date": "2024-01-12", "close": 218.252228, "volume": 27981218, "typical_volume": 37628040.4, "trend": 227.869293, "fair_value": 276.915829, "relative_strength": -9.509364, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -2.024493, "energy": 8.849106, "activity_lines": [ 231.563787, 232.394362, 227.287025, 227.147144 ] }, { "date": "2024-01-19", "close": 217.852692, "volume": 36898097, "typical_volume": 37771176.4, "trend": 227.640895, "fair_value": 276.566743, "relative_strength": -7.456489, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.13959, "energy": 14.794364, "activity_lines": [ 225.464047, 229.924439, 226.593729, 226.500911 ] }, { "date": "2024-01-26", "close": 224.844742, "volume": 38354908, "typical_volume": 38798212.2, "trend": 227.422525, "fair_value": 276.232425, "relative_strength": -6.337776, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.582622, "energy": 18.536306, "activity_lines": [ 223.433017, 228.869271, 226.63559, 226.320514 ] }, { "date": "2024-02-02", "close": 214.356644, "volume": 20787984, "typical_volume": 37565946.2, "trend": 227.107552, "fair_value": 275.809136, "relative_strength": -10.031888, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.739271, "energy": 34.321734, "activity_lines": [ 219.350981, 226.054283, 225.683149, 225.477554 ] }, { "date": "2024-02-09", "close": 217.553024, "volume": 26402538, "typical_volume": 36092034.8, "trend": 226.546256, "fair_value": 275.471556, "relative_strength": -7.829592, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.008295, "energy": 39.412454, "activity_lines": [ 218.245569, 223.900364, 225.136713, 224.861133 ] }, { "date": "2024-02-16", "close": 227.341919, "volume": 36516806, "typical_volume": 36076845.0, "trend": 226.024965, "fair_value": 275.162837, "relative_strength": -5.088575, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.992522, "energy": 23.029687, "activity_lines": [ 221.16892, 223.64974, 225.534733, 224.912466 ] }, { "date": "2024-02-23", "close": 229.039993, "volume": 28789968, "typical_volume": 35846942.0, "trend": 225.433777, "fair_value": 274.934059, "relative_strength": -4.052623, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.189705, "energy": 5.554816, "activity_lines": [ 224.052316, 223.789583, 226.07383, 225.106984 ] }, { "date": "2024-03-01", "close": 232.136444, "volume": 40398554, "typical_volume": 35359529.75, "trend": 225.142212, "fair_value": 274.717457, "relative_strength": -2.114009, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.724559, "energy": 14.144635, "activity_lines": [ 227.222043, 224.763019, 226.850565, 225.539415 ] }, { "date": "2024-03-08", "close": 227.341919, "volume": 37640487, "typical_volume": 35028608.75, "trend": 224.893897, "fair_value": 274.251444, "relative_strength": -3.408142, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.894896, "energy": 22.235577, "activity_lines": [ 228.307481, 225.126244, 227.049387, 225.681331 ] }, { "date": "2024-03-15", "close": 226.6427, "volume": 29381803, "typical_volume": 34536172.15, "trend": 224.885261, "fair_value": 273.70486, "relative_strength": -4.106203, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.228798, "energy": 21.736026, "activity_lines": [ 228.294161, 225.647469, 227.056046, 225.794157 ] }, { "date": "2024-03-22", "close": 233.335098, "volume": 32507379, "typical_volume": 34579481.1, "trend": 225.103034, "fair_value": 273.122528, "relative_strength": -3.496512, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.023098, "energy": 32.184914, "activity_lines": [ 229.905662, 227.429082, 227.594005, 226.339308 ] }, { "date": "2024-03-29", "close": 249.117188, "volume": 37443446, "typical_volume": 33609932.6, "trend": 225.660456, "fair_value": 272.636888, "relative_strength": 2.934169, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.490606, "energy": 58.01572, "activity_lines": [ 236.378314, 231.805931, 229.582224, 227.888608 ] }, { "date": "2024-04-05", "close": 242.125107, "volume": 29582986, "typical_volume": 32945329.45, "trend": 226.20452, "fair_value": 271.990056, "relative_strength": 0.63725, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.708421, "energy": 60.653755, "activity_lines": [ 239.181793, 234.343047, 230.793228, 228.950844 ] }, { "date": "2024-04-12", "close": 249.217072, "volume": 34546492, "typical_volume": 32302873.55, "trend": 226.655415, "fair_value": 271.315792, "relative_strength": 2.61604, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.312187, "energy": 72.006315, "activity_lines": [ 243.68335, 237.855423, 232.635898, 230.435524 ] }, { "date": "2024-04-19", "close": 245.321503, "volume": 27558229, "typical_volume": 31626737.75, "trend": 227.495775, "fair_value": 270.561568, "relative_strength": 2.377441, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.313387, "energy": 69.047186, "activity_lines": [ 245.42804, 240.025688, 233.962487, 231.639788 ] }, { "date": "2024-04-26", "close": 246.71991, "volume": 44561632, "typical_volume": 31098395.9, "trend": 228.28621, "fair_value": 269.858509, "relative_strength": 0.024974, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.219665, "energy": 63.154283, "activity_lines": [ 246.393612, 241.945327, 235.322372, 232.880055 ] }, { "date": "2024-05-03", "close": 248.417984, "volume": 27557574, "typical_volume": 30603747.8, "trend": 229.332984, "fair_value": 269.126691, "relative_strength": -0.049882, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.331861, "energy": 58.566531, "activity_lines": [ 247.032888, 243.82138, 236.773106, 234.178879 ] }, { "date": "2024-05-10", "close": 261.303375, "volume": 34699405, "typical_volume": 31009508.9, "trend": 231.154251, "fair_value": 268.429517, "relative_strength": 2.466573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.380946, "energy": 65.206223, "activity_lines": [ 252.013908, 247.687904, 239.429616, 236.241485 ] }, { "date": "2024-05-17", "close": 260.387726, "volume": 33620790, "typical_volume": 32350511.3, "trend": 233.13478, "fair_value": 267.810235, "relative_strength": 2.27311, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.199333, "energy": 67.4865, "activity_lines": [ 255.41116, 250.857639, 241.928525, 238.127516 ] }, { "date": "2024-05-24", "close": 261.886536, "volume": 56840242, "typical_volume": 34103526.9, "trend": 235.052065, "fair_value": 267.185216, "relative_strength": 4.051593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.927204, "energy": 71.405633, "activity_lines": [ 258.563306, 253.699052, 244.487494, 239.982468 ] }, { "date": "2024-05-31", "close": 263.884857, "volume": 26804751, "typical_volume": 34044703.55, "trend": 236.43997, "fair_value": 266.672239, "relative_strength": 5.345051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.564611, "energy": 75.146783, "activity_lines": [ 261.277223, 256.262998, 247.080367, 241.842648 ] }, { "date": "2024-06-07", "close": 261.686676, "volume": 35677911, "typical_volume": 33983694.25, "trend": 237.638068, "fair_value": 266.165637, "relative_strength": 4.824521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.961484, "energy": 62.424925, "activity_lines": [ 262.114083, 257.871826, 249.246591, 243.471467 ] }, { "date": "2024-06-14", "close": 248.397537, "volume": 24991047, "typical_volume": 33315501.2, "trend": 238.153467, "fair_value": 265.540592, "relative_strength": 0.704023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.763106, "energy": 41.219133, "activity_lines": [ 257.636651, 256.83591, 249.93845, 244.165627 ] }, { "date": "2024-06-21", "close": 248.69725, "volume": 42704901, "typical_volume": 34411347.05, "trend": 239.151654, "fair_value": 264.804906, "relative_strength": -0.290669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.358811, "energy": 27.655613, "activity_lines": [ 254.119512, 255.740443, 250.546696, 244.845871 ] }, { "date": "2024-06-28", "close": 248.597351, "volume": 45228103, "typical_volume": 35352625.3, "trend": 239.960055, "fair_value": 264.05323, "relative_strength": 0.585291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.526931, "energy": 22.71658, "activity_lines": [ 251.348438, 254.636264, 250.981902, 245.455271 ] }, { "date": "2024-07-05", "close": 257.290253, "volume": 29410256, "typical_volume": 34997297.8, "trend": 240.808502, "fair_value": 263.351522, "relative_strength": 3.563185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.920783, "energy": 24.806104, "activity_lines": [ 252.360945, 255.053052, 252.097173, 246.573348 ] }, { "date": "2024-07-12", "close": 272.877563, "volume": 31722637, "typical_volume": 35143931.25, "trend": 241.773651, "fair_value": 262.75357, "relative_strength": 9.078688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.029147, "energy": 41.40952, "activity_lines": [ 259.008861, 258.111708, 254.554338, 248.64232 ] }, { "date": "2024-07-19", "close": 273.976685, "volume": 27923985, "typical_volume": 34520202.8, "trend": 242.688869, "fair_value": 262.110221, "relative_strength": 10.690714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.841896, "energy": 66.866569, "activity_lines": [ 265.277093, 260.925485, 256.907432, 250.719935 ] }, { "date": "2024-07-26", "close": 280.1716, "volume": 28051886, "typical_volume": 34040772.75, "trend": 243.927119, "fair_value": 261.550072, "relative_strength": 11.294777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.565939, "energy": 80.47157, "activity_lines": [ 271.905019, 264.635186, 259.651278, 253.138175 ] }, { "date": "2024-08-02", "close": 268.481171, "volume": 29756692, "typical_volume": 34059517.2, "trend": 245.241825, "fair_value": 260.961672, "relative_strength": 8.03077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.662904, "energy": 72.576226, "activity_lines": [ 272.537846, 265.859648, 261.03018, 254.722308 ] }, { "date": "2024-08-09", "close": 270.679382, "volume": 20349904, "typical_volume": 33451643.45, "trend": 246.989397, "fair_value": 260.333001, "relative_strength": 8.870115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.187446, "energy": 64.432739, "activity_lines": [ 272.577822, 267.363882, 262.419205, 256.363441 ] }, { "date": "2024-08-16", "close": 278.373077, "volume": 15465101, "typical_volume": 32352726.2, "trend": 249.006743, "fair_value": 259.815045, "relative_strength": 9.878009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.817483, "energy": 54.174344, "activity_lines": [ 274.289754, 270.143433, 264.363133, 258.388194 ] }, { "date": "2024-08-23", "close": 287.265839, "volume": 17408725, "typical_volume": 31744013.15, "trend": 251.087446, "fair_value": 259.388631, "relative_strength": 12.909137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.823705, "energy": 55.983758, "activity_lines": [ 278.599573, 274.23646, 267.014677, 260.856523 ] }, { "date": "2024-08-30", "close": 283.968536, "volume": 22830448, "typical_volume": 31158210.95, "trend": 253.407842, "fair_value": 258.980093, "relative_strength": 10.769987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.211633, "energy": 57.514538, "activity_lines": [ 280.924347, 277.023282, 269.137235, 262.977884 ] }, { "date": "2024-09-06", "close": 274.776001, "volume": 23204860, "typical_volume": 30940542.5, "trend": 255.315275, "fair_value": 258.476173, "relative_strength": 9.506856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.968352, "energy": 49.626394, "activity_lines": [ 279.931813, 277.497438, 270.218832, 264.356474 ] }, { "date": "2024-09-13", "close": 283.868622, "volume": 22241265, "typical_volume": 29824524.15, "trend": 257.199499, "fair_value": 257.926293, "relative_strength": 11.615634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.145697, "energy": 52.599947, "activity_lines": [ 281.550498, 279.148821, 272.026132, 266.198626 ] }, { "date": "2024-09-20", "close": 322.537079, "volume": 42559088, "typical_volume": 30574599.85, "trend": 260.316068, "fair_value": 257.796966, "relative_strength": 26.648583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.699129, "energy": 74.804982, "activity_lines": [ 295.179386, 287.347591, 277.339244, 270.413954 ] }, { "date": "2024-09-27", "close": 324.735291, "volume": 39641238, "typical_volume": 30821691.5, "trend": 263.402696, "fair_value": 257.751443, "relative_strength": 25.363384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.946762, "energy": 89.111291, "activity_lines": [ 306.596745, 295.043135, 282.508762, 274.570032 ] }, { "date": "2024-10-04", "close": 311.146332, "volume": 32401901, "typical_volume": 30760747.05, "trend": 266.196177, "fair_value": 257.667812, "relative_strength": 20.061281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.505168, "energy": 85.222121, "activity_lines": [ 310.986487, 299.345075, 286.082036, 277.650267 ] }, { "date": "2024-10-11", "close": 311.983246, "volume": 32888130, "typical_volume": 29563141.45, "trend": 269.040862, "fair_value": 257.542213, "relative_strength": 19.994631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.326375, "energy": 86.388393, "activity_lines": [ 313.843347, 303.236005, 289.493309, 280.604272 ] }, { "date": "2024-10-18", "close": 313.182373, "volume": 48020438, "typical_volume": 30623925.8, "trend": 271.702437, "fair_value": 257.363536, "relative_strength": 18.203763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.448311, "energy": 79.297355, "activity_lines": [ 314.619434, 306.554011, 292.780229, 283.452111 ] }, { "date": "2024-10-25", "close": 310.084534, "volume": 23068591, "typical_volume": 29993459.8, "trend": 273.734682, "fair_value": 257.208496, "relative_strength": 17.90416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.01946, "energy": 56.395429, "activity_lines": [ 312.408657, 308.535991, 295.537366, 285.928375 ] }, { "date": "2024-11-01", "close": 296.394043, "volume": 29185840, "typical_volume": 30203199.45, "trend": 275.543647, "fair_value": 256.981687, "relative_strength": 13.256069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.240726, "energy": 39.972201, "activity_lines": [ 306.464553, 307.45222, 296.760181, 287.39027 ] }, { "date": "2024-11-08", "close": 289.598785, "volume": 20483643, "typical_volume": 29092136.55, "trend": 276.889704, "fair_value": 256.65695, "relative_strength": 11.746587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.985732, "energy": 25.413697, "activity_lines": [ 300.144779, 304.96698, 297.107274, 288.297053 ] }, { "date": "2024-11-15", "close": 292.596649, "volume": 23897886, "typical_volume": 28025625.7, "trend": 278.465542, "fair_value": 256.469761, "relative_strength": 12.672521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.178399, "energy": 24.891692, "activity_lines": [ 296.260797, 302.924438, 297.545108, 289.310404 ] }, { "date": "2024-11-22", "close": 294.69519, "volume": 26264786, "typical_volume": 27868352.2, "trend": 280.064718, "fair_value": 256.280034, "relative_strength": 10.32892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.743162, "energy": 24.624347, "activity_lines": [ 294.368768, 300.939437, 297.973283, 290.357478 ] }, { "date": "2024-11-29", "close": 247.328156, "volume": 59607075, "typical_volume": 29262574.1, "trend": 280.028391, "fair_value": 255.748294, "relative_strength": -7.688721, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -42.342078, "energy": 39.408584, "activity_lines": [ 277.920207, 290.145401, 293.712193, 288.245442 ] }, { "date": "2024-12-06", "close": 253.623779, "volume": 35178273, "typical_volume": 29625288.5, "trend": 279.772404, "fair_value": 255.244758, "relative_strength": -5.57249, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.734628, "energy": 49.87073, "activity_lines": [ 267.753945, 281.863459, 290.17235, 286.541918 ] }, { "date": "2024-12-13", "close": 258.920105, "volume": 20546441, "typical_volume": 29250016.25, "trend": 279.723483, "fair_value": 254.74639, "relative_strength": -3.446705, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.806039, "energy": 60.72981, "activity_lines": [ 262.204476, 275.837422, 287.233838, 285.196609 ] }, { "date": "2024-12-20", "close": 250.525909, "volume": 28467214, "typical_volume": 29185542.35, "trend": 279.344796, "fair_value": 254.161592, "relative_strength": -4.025112, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.731925, "energy": 73.819352, "activity_lines": [ 255.902187, 269.234736, 283.597076, 283.312894 ] }, { "date": "2024-12-27", "close": 247.22821, "volume": 10211891, "typical_volume": 28678641.7, "trend": 278.789574, "fair_value": 253.582519, "relative_strength": -5.985079, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.203989, "energy": 78.039485, "activity_lines": [ 251.305381, 263.149873, 279.731749, 281.240857 ] }, { "date": "2025-01-03", "close": 243.830566, "volume": 9044631, "typical_volume": 28357618.2, "trend": 278.19437, "fair_value": 252.910027, "relative_strength": -8.106199, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.870166, "energy": 78.559569, "activity_lines": [ 248.740492, 257.646424, 275.654508, 278.985437 ] }, { "date": "2025-01-10", "close": 230.73967, "volume": 33404738, "typical_volume": 29157418.85, "trend": 277.605775, "fair_value": 252.283464, "relative_strength": -13.264523, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.275041, "energy": 91.577133, "activity_lines": [ 242.045144, 250.96743, 270.495004, 275.923843 ] }, { "date": "2025-01-17", "close": 242.731323, "volume": 35877169, "typical_volume": 29809754.9, "trend": 277.406911, "fair_value": 251.75424, "relative_strength": -11.476063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.650652, "energy": 76.05045, "activity_lines": [ 240.872621, 247.662452, 266.746735, 273.673878 ] }, { "date": "2025-01-24", "close": 242.631409, "volume": 38579662, "typical_volume": 30578495.0, "trend": 277.208046, "fair_value": 251.19751, "relative_strength": -11.435182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.488844, "energy": 60.384958, "activity_lines": [ 240.746046, 245.191443, 263.185317, 271.430298 ] }, { "date": "2025-01-31", "close": 246.029053, "volume": 32928731, "typical_volume": 31112868.3, "trend": 276.832673, "fair_value": 250.770018, "relative_strength": -11.982989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.312068, "energy": 56.994942, "activity_lines": [ 242.278318, 244.246647, 260.100554, 269.41875 ] }, { "date": "2025-02-07", "close": 244.72995, "volume": 24154706, "typical_volume": 30192649.2, "trend": 275.894419, "fair_value": 250.283027, "relative_strength": -12.683109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.117325, "energy": 48.499724, "activity_lines": [ 243.4575, 243.950489, 257.072256, 267.347606 ] }, { "date": "2025-02-14", "close": 254.623093, "volume": 25697641, "typical_volume": 29495469.35, "trend": 275.249299, "fair_value": 249.849221, "relative_strength": -9.468848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.749071, "energy": 35.187162, "activity_lines": [ 247.874438, 245.500325, 255.356671, 265.975263 ] }, { "date": "2025-02-21", "close": 245.229599, "volume": 19854673, "typical_volume": 28868107.95, "trend": 274.084566, "fair_value": 249.503594, "relative_strength": -11.999014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.394117, "energy": 32.034046, "activity_lines": [ 247.567982, 245.324083, 253.080336, 264.038508 ] }, { "date": "2025-02-28", "close": 246.528687, "volume": 36172883, "typical_volume": 29032345.6, "trend": 273.352816, "fair_value": 249.375453, "relative_strength": -12.925982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.690668, "energy": 33.817561, "activity_lines": [ 247.528004, 245.632957, 251.241613, 262.260709 ] }, { "date": "2025-03-07", "close": 258.920105, "volume": 20713989, "typical_volume": 27667023.15, "trend": 272.96084, "fair_value": 249.284529, "relative_strength": -7.190077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.646309, "energy": 22.51495, "activity_lines": [ 251.35868, 248.267494, 250.894713, 261.329567 ] }, { "date": "2025-03-14", "close": 257.121338, "volume": 29736690, "typical_volume": 28000428.1, "trend": 272.252449, "fair_value": 249.049031, "relative_strength": -7.351914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.897451, "energy": 18.555586, "activity_lines": [ 253.730364, 250.362401, 250.634894, 260.307663 ] }, { "date": "2025-03-21", "close": 274.809052, "volume": 33259749, "typical_volume": 28204123.55, "trend": 271.837223, "fair_value": 249.120085, "relative_strength": -1.283971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.808944, "energy": 19.581459, "activity_lines": [ 261.17186, 255.431607, 252.311824, 260.472605 ] }, { "date": "2025-03-28", "close": 251.325363, "volume": 48575024, "typical_volume": 29608692.6, "trend": 270.749117, "fair_value": 249.080259, "relative_strength": -9.721834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.8698, "energy": 17.545487, "activity_lines": [ 259.439729, 255.429789, 251.854999, 259.14926 ] }, { "date": "2025-04-04", "close": 252.924271, "volume": 36107196, "typical_volume": 30219158.1, "trend": 270.020726, "fair_value": 249.048124, "relative_strength": -2.382467, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.585067, "energy": 13.146957, "activity_lines": [ 257.834183, 255.562426, 251.732704, 257.999269 ] }, { "date": "2025-04-11", "close": 249.326752, "volume": 47071671, "typical_volume": 31259502.35, "trend": 268.86933, "fair_value": 248.994207, "relative_strength": -2.681794, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.130898, "energy": 14.432313, "activity_lines": [ 254.603092, 254.853827, 251.456706, 256.664174 ] }, { "date": "2025-04-18", "close": 268.213623, "volume": 24787793, "typical_volume": 29518538.25, "trend": 267.058549, "fair_value": 249.076072, "relative_strength": 0.668971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.519437, "energy": 5.188414, "activity_lines": [ 258.307181, 257.519245, 253.195496, 256.621871 ] }, { "date": "2025-04-25", "close": 270.711914, "volume": 23524103, "typical_volume": 28935829.75, "trend": 265.257769, "fair_value": 249.191221, "relative_strength": -0.189689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.119133, "energy": 8.142288, "activity_lines": [ 262.104548, 260.211923, 255.072765, 256.857572 ] }, { "date": "2025-05-02", "close": 287.700104, "volume": 38157933, "typical_volume": 29816404.35, "trend": 264.476228, "fair_value": 249.519528, "relative_strength": 3.639853, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.867577, "energy": 48.154698, "activity_lines": [ 271.837788, 265.700838, 258.486584, 258.305464 ] }, { "date": "2025-05-09", "close": 304.788208, "volume": 27881372, "typical_volume": 29787112.25, "trend": 264.236394, "fair_value": 249.840322, "relative_strength": 10.025172, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.701858, "energy": 70.620442, "activity_lines": [ 284.84208, 273.52449, 263.390795, 260.906237 ] }, { "date": "2025-05-16", "close": 310.584198, "volume": 32322212, "typical_volume": 30892628.3, "trend": 264.149788, "fair_value": 250.252103, "relative_strength": 10.125289, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.691361, "energy": 76.94282, "activity_lines": [ 296.320772, 281.342694, 268.588612, 263.896418 ] }, { "date": "2025-05-23", "close": 295.176849, "volume": 43969938, "typical_volume": 32638893.65, "trend": 263.652865, "fair_value": 250.444187, "relative_strength": 4.114976, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.148922, "energy": 80.39103, "activity_lines": [ 298.579852, 285.420216, 272.017368, 265.898164 ] }, { "date": "2025-05-30", "close": 277.484283, "volume": 64839718, "typical_volume": 34210642.65, "trend": 263.02254, "fair_value": 250.559969, "relative_strength": -2.717761, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.341862, "energy": 69.332181, "activity_lines": [ 293.143862, 285.588988, 273.516611, 266.790513 ] }, { "date": "2025-06-06", "close": 276.184784, "volume": 42617651, "typical_volume": 34547666.75, "trend": 262.575406, "fair_value": 250.763398, "relative_strength": -3.863251, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.192582, "energy": 39.915253, "activity_lines": [ 286.823214, 285.472848, 274.669499, 267.639691 ] }, { "date": "2025-06-13", "close": 273.885773, "volume": 29434630, "typical_volume": 34090415.15, "trend": 261.951711, "fair_value": 250.977684, "relative_strength": -4.825957, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.177078, "energy": 21.546543, "activity_lines": [ 280.503916, 284.486716, 275.444132, 268.369392 ] }, { "date": "2025-06-20", "close": 274.185608, "volume": 21752399, "typical_volume": 33531598.55, "trend": 261.268058, "fair_value": 251.178535, "relative_strength": -3.957679, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.625001, "energy": 25.284648, "activity_lines": [ 276.344727, 283.173981, 276.09849, 269.158675 ] }, { "date": "2025-06-27", "close": 288.57962, "volume": 26180966, "typical_volume": 33632911.55, "trend": 262.643107, "fair_value": 251.448621, "relative_strength": 0.666605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.161609, "energy": 24.944062, "activity_lines": [ 279.410113, 284.02636, 277.989627, 270.920712 ] }, { "date": "2025-07-04", "close": 286.480499, "volume": 31252447, "typical_volume": 33910651.85, "trend": 263.738331, "fair_value": 251.680937, "relative_strength": -0.402629, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.665396, "energy": 22.966341, "activity_lines": [ 282.215609, 284.12679, 279.47204, 272.458608 ] }, { "date": "2025-07-11", "close": 276.084839, "volume": 26960887, "typical_volume": 34265962.55, "trend": 264.310488, "fair_value": 251.854932, "relative_strength": -5.16334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.13031, "energy": 21.886591, "activity_lines": [ 280.956136, 282.050399, 279.812689, 273.255157 ] }, { "date": "2025-07-18", "close": 281.282684, "volume": 24679980, "typical_volume": 33691317.4, "trend": 265.335714, "fair_value": 251.959871, "relative_strength": -3.794474, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.591064, "energy": 27.347846, "activity_lines": [ 281.435941, 281.130257, 280.50144, 274.350137 ] }, { "date": "2025-07-25", "close": 278.783691, "volume": 25971561, "typical_volume": 33954196.0, "trend": 266.387564, "fair_value": 252.092301, "relative_strength": -5.808637, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.765908, "energy": 17.597043, "activity_lines": [ 280.589622, 280.183125, 280.786697, 275.217749 ] }, { "date": "2025-08-01", "close": 269.087769, "volume": 21444530, "typical_volume": 33539588.0, "trend": 267.22947, "fair_value": 252.223363, "relative_strength": -8.394138, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.583952, "energy": 9.666317, "activity_lines": [ 276.204789, 278.05129, 280.053944, 275.391955 ] }, { "date": "2025-08-08", "close": 276.084839, "volume": 29182945, "typical_volume": 33335747.8, "trend": 268.740976, "fair_value": 252.400557, "relative_strength": -6.136941, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.196826, "energy": 11.946257, "activity_lines": [ 275.45177, 277.665996, 279.930596, 275.963269 ] }, { "date": "2025-08-15", "close": 269.587555, "volume": 15985609, "typical_volume": 31706277.05, "trend": 269.636184, "fair_value": 252.593688, "relative_strength": -8.561956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.045842, "energy": 11.81521, "activity_lines": [ 273.226034, 276.124822, 279.182384, 276.017887 ] }, { "date": "2025-08-22", "close": 281.082764, "volume": 10410065, "typical_volume": 30421420.5, "trend": 270.917896, "fair_value": 252.922572, "relative_strength": -6.287149, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.364173, "energy": 13.354155, "activity_lines": [ 275.265186, 276.793636, 279.441991, 276.756376 ] }, { "date": "2025-08-29", "close": 257.292664, "volume": 21567052, "typical_volume": 29146189.55, "trend": 271.293349, "fair_value": 253.071442, "relative_strength": -12.658957, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.815492, "energy": 37.480915, "activity_lines": [ 269.387633, 273.006123, 277.301786, 275.877329 ] }, { "date": "2025-09-05", "close": 253.094421, "volume": 16032314, "typical_volume": 28708415.6, "trend": 271.572165, "fair_value": 253.144771, "relative_strength": -13.964383, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.002866, "energy": 53.263376, "activity_lines": [ 263.5434, 268.762437, 274.723815, 274.703205 ] }, { "date": "2025-09-12", "close": 243.99823, "volume": 25269567, "typical_volume": 28795688.8, "trend": 271.218003, "fair_value": 253.12652, "relative_strength": -17.327939, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.698957, "energy": 67.999218, "activity_lines": [ 255.733327, 263.510084, 271.351536, 272.924241 ] }, { "date": "2025-09-19", "close": 251.195221, "volume": 37336317, "typical_volume": 28754608.0, "trend": 271.416857, "fair_value": 253.194713, "relative_strength": -13.650999, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.064197, "energy": 67.308518, "activity_lines": [ 252.461359, 260.33868, 268.791894, 271.632449 ] }, { "date": "2025-09-26", "close": 300.874512, "volume": 47107676, "typical_volume": 29715923.2, "trend": 273.228384, "fair_value": 253.713172, "relative_strength": 3.083701, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.118177, "energy": 16.735533, "activity_lines": [ 266.975309, 266.652412, 271.137445, 273.532943 ] }, { "date": "2025-10-03", "close": 307.571716, "volume": 29867075, "typical_volume": 29593166.35, "trend": 274.850105, "fair_value": 254.369038, "relative_strength": 3.412613, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.772272, "energy": 26.732057, "activity_lines": [ 282.402211, 273.827603, 274.139462, 275.748642 ] }, { "date": "2025-10-10", "close": 296.214294, "volume": 42207452, "typical_volume": 29505042.05, "trend": 276.153203, "fair_value": 254.906023, "relative_strength": 0.662045, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.74701, "energy": 40.339671, "activity_lines": [ 290.691369, 278.414389, 276.074164, 277.126976 ] }, { "date": "2025-10-17", "close": 303.612183, "volume": 36351738, "typical_volume": 28080643.05, "trend": 277.113308, "fair_value": 255.548026, "relative_strength": 4.302294, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.995608, "energy": 54.833536, "activity_lines": [ 298.571832, 283.853037, 278.708488, 278.898524 ] }, { "date": "2025-10-24", "close": 316.80835, "volume": 36332752, "typical_volume": 27766398.1, "trend": 279.296074, "fair_value": 256.201665, "relative_strength": 5.862737, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.763207, "energy": 82.967425, "activity_lines": [ 306.876754, 291.19049, 282.47517, 281.459494 ] }, { "date": "2025-10-31", "close": 308.710693, "volume": 25175495, "typical_volume": 27553441.35, "trend": 281.155621, "fair_value": 256.732361, "relative_strength": 2.680669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.378686, "energy": 77.236956, "activity_lines": [ 308.108248, 296.197083, 285.277202, 283.357211 ] }, { "date": "2025-11-07", "close": 309.910339, "volume": 18136075, "typical_volume": 27372625.15, "trend": 283.175074, "fair_value": 257.143396, "relative_strength": 3.698423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.230364, "energy": 72.970599, "activity_lines": [ 309.217212, 300.919466, 288.027652, 285.212354 ] }, { "date": "2025-11-14", "close": 295.514526, "volume": 39446297, "typical_volume": 28035891.7, "trend": 284.085104, "fair_value": 257.46279, "relative_strength": -0.920617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.913131, "energy": 47.294439, "activity_lines": [ 305.371663, 302.067744, 289.236955, 286.008448 ] }, { "date": "2025-11-21", "close": 291.41571, "volume": 32536769, "typical_volume": 28100107.8, "trend": 284.775231, "fair_value": 257.74567, "relative_strength": -0.350377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.965327, "energy": 30.716413, "activity_lines": [ 300.206494, 301.699509, 290.022872, 286.48139 ] }, { "date": "2025-11-28", "close": 305.511627, "volume": 38573568, "typical_volume": 28680741.85, "trend": 285.368948, "fair_value": 258.108029, "relative_strength": 2.424735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.663097, "energy": 28.767778, "activity_lines": [ 300.553062, 303.032031, 292.127755, 287.819222 ] }, { "date": "2025-12-05", "close": 311.90976, "volume": 28576170, "typical_volume": 28875551.35, "trend": 285.606333, "fair_value": 258.561319, "relative_strength": 5.033937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.643511, "energy": 30.029689, "activity_lines": [ 303.785455, 304.540279, 294.701857, 289.531533 ] }, { "date": "2025-12-12", "close": 302.812408, "volume": 25626877, "typical_volume": 28858317.15, "trend": 285.347274, "fair_value": 259.038847, "relative_strength": 2.148609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.366129, "energy": 26.514091, "activity_lines": [ 303.772127, 304.193823, 296.263701, 290.641602 ] }, { "date": "2025-12-19", "close": 310.310211, "volume": 41834756, "typical_volume": 29877828.45, "trend": 285.851719, "fair_value": 259.542678, "relative_strength": 2.027419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.480712, "energy": 37.270002, "activity_lines": [ 306.731262, 305.297136, 298.4252, 292.252114 ] }, { "date": "2025-12-26", "close": 311.709808, "volume": 11195292, "typical_volume": 28978445.8, "trend": 286.99257, "fair_value": 260.029884, "relative_strength": 2.684896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.95968, "energy": 51.56957, "activity_lines": [ 309.17055, 306.398631, 300.523696, 293.920378 ] }, { "date": "2026-01-02", "close": 316.308502, "volume": 14099862, "typical_volume": 28884158.45, "trend": 288.330027, "fair_value": 260.435216, "relative_strength": 3.219968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.211331, "energy": 58.392616, "activity_lines": [ 311.789797, 308.189024, 302.89052, 295.811728 ] }, { "date": "2026-01-09", "close": 322.506714, "volume": 25145321, "typical_volume": 29620921.25, "trend": 289.950725, "fair_value": 260.802845, "relative_strength": 3.189081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.236325, "energy": 67.915241, "activity_lines": [ 315.755322, 311.115452, 305.625169, 298.016676 ] }, { "date": "2026-01-16", "close": 318.108002, "volume": 23648435, "typical_volume": 29724990.4, "trend": 291.414805, "fair_value": 261.170436, "relative_strength": 0.521767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.709857, "energy": 61.431471, "activity_lines": [ 317.548147, 312.991278, 307.743636, 299.833275 ] }, { "date": "2026-01-23", "close": 319.107697, "volume": 30399294, "typical_volume": 30443339.4, "trend": 292.432408, "fair_value": 261.47532, "relative_strength": 1.566616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.301501, "energy": 55.712845, "activity_lines": [ 318.654496, 314.899818, 309.667716, 301.619913 ] }, { "date": "2026-01-30", "close": 337.402405, "volume": 27927095, "typical_volume": 30576215.8, "trend": 294.129804, "fair_value": 261.802764, "relative_strength": 6.24216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.953552, "energy": 69.631, "activity_lines": [ 325.272583, 319.705702, 313.0198, 304.521203 ] }, { "date": "2026-02-06", "close": 346.899658, "volume": 33974636, "typical_volume": 30408131.75, "trend": 296.490298, "fair_value": 262.268523, "relative_strength": 7.337774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.619645, "energy": 78.950089, "activity_lines": [ 333.343581, 325.402237, 316.831602, 307.92571 ] }, { "date": "2026-02-13", "close": 362.395172, "volume": 43367801, "typical_volume": 30221138.0, "trend": 299.194048, "fair_value": 262.788815, "relative_strength": 10.931445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.598819, "energy": 92.729224, "activity_lines": [ 344.54034, 333.163629, 321.663432, 312.177637 ] }, { "date": "2026-02-20", "close": 354.797363, "volume": 28957895, "typical_volume": 30175679.0, "trend": 301.727837, "fair_value": 263.341037, "relative_strength": 5.844007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.658256, "energy": 89.665616, "activity_lines": [ 350.545266, 338.625685, 325.478706, 315.764948 ] }, { "date": "2026-02-27", "close": 370.392853, "volume": 30249727, "typical_volume": 29577792.75, "trend": 305.104673, "fair_value": 263.890838, "relative_strength": 7.836666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.018682, "energy": 94.033713, "activity_lines": [ 359.30273, 345.978103, 330.55438, 320.194949 ] }, { "date": "2026-03-13", "close": 308.510773, "volume": 35116992, "typical_volume": 29516055.45, "trend": 306.185538, "fair_value": 264.02924, "relative_strength": -4.509083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.009613, "energy": 45.11482, "activity_lines": [ 344.013825, 340.986822, 329.383292, 320.414697 ] }, { "date": "2026-03-20", "close": 289.016388, "volume": 42621432, "typical_volume": 29830489.45, "trend": 306.833165, "fair_value": 264.155949, "relative_strength": -7.413731, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 7.209207, "energy": 12.252895, "activity_lines": [ 324.152899, 332.509272, 326.332269, 319.30701 ] }, { "date": "2026-03-27", "close": 274.820496, "volume": 49345651, "typical_volume": 31038997.25, "trend": 306.624423, "fair_value": 264.277414, "relative_strength": -12.169148, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.247926, "energy": 39.43563, "activity_lines": [ 303.418895, 321.946871, 322.061599, 317.241676 ] }, { "date": "2026-04-03", "close": 282.818176, "volume": 24678190, "typical_volume": 31366103.0, "trend": 307.475274, "fair_value": 264.418788, "relative_strength": -13.572239, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.414692, "energy": 45.374795, "activity_lines": [ 291.189095, 313.705615, 318.713995, 315.705789 ] }, { "date": "2026-04-10", "close": 308.11087, "volume": 40680460, "typical_volume": 31427811.15, "trend": 309.309155, "fair_value": 264.821487, "relative_strength": -7.168517, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.672637, "energy": 38.88876, "activity_lines": [ 292.188806, 310.704665, 317.904229, 315.746796 ] }, { "date": "2026-04-17", "close": 313.109436, "volume": 24665965, "typical_volume": 31034270.95, "trend": 311.612862, "fair_value": 265.158956, "relative_strength": -6.143202, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.740534, "energy": 35.111074, "activity_lines": [ 299.006838, 308.812487, 317.510534, 315.991975 ] }, { "date": "2026-04-24", "close": 292.815277, "volume": 28493890, "typical_volume": 30530287.05, "trend": 313.000197, "fair_value": 265.389372, "relative_strength": -9.553272, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.624464, "energy": 24.233006, "activity_lines": [ 298.753572, 303.672152, 315.080759, 314.779228 ] }, { "date": "2026-05-01", "close": 288.916412, "volume": 21776987, "typical_volume": 30190327.9, "trend": 312.601594, "fair_value": 265.593516, "relative_strength": -10.389587, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.724606, "energy": 23.002527, "activity_lines": [ 296.947426, 298.806285, 312.340122, 313.225435 ] }, { "date": "2026-05-08", "close": 288.316589, "volume": 28210099, "typical_volume": 30319489.0, "trend": 311.959756, "fair_value": 265.823252, "relative_strength": -9.135311, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.196134, "energy": 35.125015, "activity_lines": [ 294.001611, 295.167337, 309.651852, 311.65866 ] }, { "date": "2026-05-15", "close": 273.220947, "volume": 30499459, "typical_volume": 29752724.15, "trend": 311.193311, "fair_value": 265.97478, "relative_strength": -13.098533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.457486, "energy": 53.925159, "activity_lines": [ 285.657354, 289.992468, 305.594929, 309.159382 ] }, { "date": "2026-05-22", "close": 292.115509, "volume": 47380776, "typical_volume": 31561998.35, "trend": 310.810089, "fair_value": 266.308223, "relative_strength": -9.048309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.415047, "energy": 48.388621, "activity_lines": [ 285.93728, 290.019735, 303.514103, 307.928557 ] }, { "date": "2026-05-29", "close": 287.5, "volume": 45818088, "typical_volume": 33147909.65, "trend": 309.833144, "fair_value": 266.671066, "relative_strength": -9.641925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.409085, "energy": 41.201894, "activity_lines": [ 286.078298, 289.505915, 301.087011, 306.42468 ] }, { "date": "2026-06-05", "close": 284.1, "volume": 9149425, "typical_volume": 32348114.85, "trend": 309.012788, "fair_value": 266.96282, "relative_strength": -10.116482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.041003, "energy": 37.746658, "activity_lines": [ 285.440334, 288.401484, 298.473294, 304.764477 ] }, { "date": "2026-06-12", "close": 288.3, "volume": 8607392, "typical_volume": 31596062.7, "trend": 308.292443, "fair_value": 267.289179, "relative_strength": -9.477736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.008989, "energy": 31.153976, "activity_lines": [ 286.523464, 287.891971, 296.442465, 303.428168 ] }, { "date": "2026-06-19", "close": 279.7, "volume": 14051618, "typical_volume": 30778678.9, "trend": 307.765292, "fair_value": 267.588578, "relative_strength": -11.036868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.774953, "energy": 36.85168, "activity_lines": [ 284.741034, 285.719152, 293.734532, 301.583494 ] }, { "date": "2026-06-26", "close": 291.0, "volume": 4955195, "typical_volume": 29630083.9, "trend": 307.751435, "fair_value": 268.013548, "relative_strength": -8.511162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.211438, "energy": 31.941655, "activity_lines": [ 286.293333, 286.11744, 292.290444, 300.501863 ] }, { "date": "2026-07-03", "close": 283.6, "volume": 5053264, "typical_volume": 28184015.3, "trend": 307.021048, "fair_value": 268.34819, "relative_strength": -11.916192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.555029, "energy": 34.807875, "activity_lines": [ 285.453333, 285.572263, 290.362559, 298.943705 ] }, { "date": "2026-07-10", "close": 275.2, "volume": 27454196, "typical_volume": 27388335.05, "trend": 305.797389, "fair_value": 268.67764, "relative_strength": -12.697408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.375643, "energy": 46.051754, "activity_lines": [ 282.073333, 283.667364, 287.936101, 296.890735 ] }, { "date": "2026-07-17", "close": 304.2, "volume": 31147649, "typical_volume": 27497822.75, "trend": 305.843642, "fair_value": 269.125128, "relative_strength": -4.302565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.247261, "energy": 15.344517, "activity_lines": [ 288.953333, 287.284581, 288.686762, 296.787677 ] }, { "date": "2026-07-24", "close": 299.5, "volume": 42906369, "typical_volume": 28130654.85, "trend": 305.483302, "fair_value": 269.487432, "relative_strength": -6.770507, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.539884, "energy": 10.726596, "activity_lines": [ 293.206667, 289.758464, 289.230744, 296.37841 ] }, { "date": "2026-07-31", "close": 308.6, "volume": 33958430, "typical_volume": 28072726.75, "trend": 305.379641, "fair_value": 269.883742, "relative_strength": -4.970997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.986241, "energy": 14.002328, "activity_lines": [ 299.173333, 293.409091, 290.978978, 296.579487 ] }, { "date": "2026-08-07", "close": 327.6, "volume": 24508522, "typical_volume": 27167081.25, "trend": 305.756025, "fair_value": 270.439617, "relative_strength": 0.549838, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.082811, "energy": 40.813949, "activity_lines": [ 310.3, 300.214545, 294.536311, 298.013059 ] } ], "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." } } }