{ "ticker": { "uuid": "94f6d8a8-5841-4948-951d-f63d0f95de95", "symbol": "HRMY", "name": "Harmony Biosciences Holdings", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 80.157, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 72.367, "architecture_energy": 44.965, "architecture_maturity": 31.549, "architecture_confidence": 66.355, "architecture_tenure": "New", "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": 24.3, "rotation_up": 50.77, "upward_expansion": 76.91, "deceleration": 67.91, "rotation_down": 22.43, "downward_expansion": 5.91 }, "activity_lines": [ 36.223333, 35.825273, 34.149619, 33.022882 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 38.41, "trend_reference": 32.502, "distance_from_trend": 0.181773, "trend_direction": "Weakening", "fair_value": 32.84734, "distance_from_fair_value": 0.169349, "fair_value_direction": "Improving", "relative_strength": 1.407682, "relative_strength_direction": "Improving", "price_momentum": 0.030588, "excess_performance": -0.156866, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.181773, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.01517, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.169349, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.22759, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014077, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.238071, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.030588, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.965879, "read": "Demand-led" } ], "volume": { "latest": 5994175, "relative_activity": 1.476482, "balance": 1.965879, "dry_up": 1.18291, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.076953, "annualized_volatility": 0.422183, "from_high_reference": -0.060191, "from_low_reference": 0.505094 }, "levels": { "trend_reference": 32.502, "fair_value_reference": 32.84734, "structural_low": 25.902, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.061699, "positive_rate": 0.230769, "directional_follow_through": 0.230769, "median_excess_return": -0.041403, "regime_survival": 0.461538, "best_return": 0.0996, "worst_return": -0.254269, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.090788, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.118187, "regime_survival": 0.0, "best_return": 0.010561, "worst_return": -0.30396, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.169372, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.148793, "regime_survival": 0.2, "best_return": 0.095486, "worst_return": -0.364803, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.071687, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.106696, "regime_survival": 0.0, "best_return": 0.041254, "worst_return": -0.184627, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": -0.104213, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-25", "tenure": "Developing", "return": 0.173233, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-22", "tenure": "New", "return": 0.100581, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.254269, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.050587, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": 0.166612, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": -0.050716, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": -0.050092, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": -0.224878, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-04-10", "tenure": "Developing", "return": 0.019767, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-05-15", "tenure": "Developing", "return": 0.003334, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": 0.176451, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.054214, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 32.43, "volume": 2220990, "typical_volume": 2583545.25, "trend": 37.493667, "fair_value": 40.301058, "relative_strength": -37.358981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.29534, "energy": 50.927538, "activity_lines": [ 33.108, 33.905273, 34.412429, 35.20043 ] }, { "date": "2023-08-25", "close": 32.52, "volume": 1587359, "typical_volume": 2469312.75, "trend": 36.958667, "fair_value": 40.283878, "relative_strength": -37.649113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.438827, "energy": 58.716902, "activity_lines": [ 32.697333, 33.544727, 34.250619, 34.879548 ] }, { "date": "2023-09-01", "close": 36.09, "volume": 3513094, "typical_volume": 2469208.6, "trend": 36.517, "fair_value": 40.249904, "relative_strength": -32.787902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.92538, "energy": 27.82329, "activity_lines": [ 33.682667, 33.901455, 34.41919, 34.823505 ] }, { "date": "2023-09-08", "close": 38.1, "volume": 2884771, "typical_volume": 2440279.35, "trend": 36.215, "fair_value": 40.211186, "relative_strength": -27.582037, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.981693, "energy": 8.223724, "activity_lines": [ 35.279333, 34.622545, 34.757381, 34.925634 ] }, { "date": "2023-09-15", "close": 37.52, "volume": 3921352, "typical_volume": 2482169.4, "trend": 35.823333, "fair_value": 40.236314, "relative_strength": -27.838654, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.278041, "energy": 28.060123, "activity_lines": [ 36.382667, 35.185273, 35.01319, 35.009828 ] }, { "date": "2023-09-22", "close": 36.28, "volume": 3883732, "typical_volume": 2423569.75, "trend": 35.521667, "fair_value": 40.252147, "relative_strength": -27.277375, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.766813, "energy": 29.14441, "activity_lines": [ 36.698667, 35.448182, 35.125762, 35.03929 ] }, { "date": "2023-09-29", "close": 32.77, "volume": 3333101, "typical_volume": 2470401.2, "trend": 35.172667, "fair_value": 40.251635, "relative_strength": -33.689479, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.79718, "energy": 11.439643, "activity_lines": [ 35.588, 35.056, 34.902048, 34.861763 ] }, { "date": "2023-10-06", "close": 32.41, "volume": 3058142, "typical_volume": 2523962.95, "trend": 34.877667, "fair_value": 40.239712, "relative_strength": -34.772701, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.43769, "energy": 22.115153, "activity_lines": [ 34.340667, 34.65, 34.660048, 34.683527 ] }, { "date": "2023-10-13", "close": 21.11, "volume": 9070376, "typical_volume": 2888618.75, "trend": 34.184, "fair_value": 40.121571, "relative_strength": -56.730726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.560751, "energy": 74.752847, "activity_lines": [ 29.572, 32.240364, 33.354238, 33.79529 ] }, { "date": "2023-10-20", "close": 20.13, "volume": 5515770, "typical_volume": 3073478.8, "trend": 33.465333, "fair_value": 39.990609, "relative_strength": -56.707381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.715135, "energy": 89.469832, "activity_lines": [ 25.609333, 29.879636, 32.023905, 32.888581 ] }, { "date": "2023-10-27", "close": 19.2, "volume": 3828805, "typical_volume": 3167915.85, "trend": 33.017, "fair_value": 39.864327, "relative_strength": -56.759963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.158834, "energy": 94.032569, "activity_lines": [ 22.496, 27.564, 30.676714, 31.968237 ] }, { "date": "2023-11-03", "close": 25.92, "volume": 5156717, "typical_volume": 3273326.3, "trend": 32.864333, "fair_value": 39.737853, "relative_strength": -43.895098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.637121, "energy": 86.572751, "activity_lines": [ 22.761333, 26.710727, 30.044524, 31.510366 ] }, { "date": "2023-11-10", "close": 23.78, "volume": 2569484, "typical_volume": 3270316.0, "trend": 32.606667, "fair_value": 39.606667, "relative_strength": -48.916423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.441429, "energy": 81.676603, "activity_lines": [ 22.77, 25.588364, 29.25781, 30.92428 ] }, { "date": "2023-11-17", "close": 26.97, "volume": 3152206, "typical_volume": 3346106.6, "trend": 32.425667, "fair_value": 39.499679, "relative_strength": -42.018523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.420732, "energy": 50.063438, "activity_lines": [ 24.417333, 25.269818, 28.833238, 30.560624 ] }, { "date": "2023-11-24", "close": 29.03, "volume": 1742750, "typical_volume": 3364836.15, "trend": 32.318667, "fair_value": 39.381346, "relative_strength": -36.842354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.046722, "energy": 27.442365, "activity_lines": [ 26.360667, 25.528182, 28.644, 30.341548 ] }, { "date": "2023-12-01", "close": 30.48, "volume": 2266380, "typical_volume": 3375729.45, "trend": 32.139333, "fair_value": 39.270641, "relative_strength": -32.327435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.8838, "energy": 23.3419, "activity_lines": [ 28.194, 26.204545, 28.61381, 30.222925 ] }, { "date": "2023-12-08", "close": 31.0, "volume": 2997489, "typical_volume": 3399890.15, "trend": 31.968333, "fair_value": 39.201603, "relative_strength": -30.030348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.755386, "energy": 24.277702, "activity_lines": [ 29.448667, 27.080909, 28.656333, 30.149419 ] }, { "date": "2023-12-15", "close": 33.67, "volume": 5679997, "typical_volume": 3592055.3, "trend": 31.923667, "fair_value": 39.188846, "relative_strength": -24.922358, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.072072, "energy": 21.389653, "activity_lines": [ 31.254667, 28.474909, 28.975095, 30.259204 ] }, { "date": "2023-12-22", "close": 32.14, "volume": 1783856, "typical_volume": 3502533.55, "trend": 31.809667, "fair_value": 39.161026, "relative_strength": -27.309602, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 18.633287, "energy": 28.048262, "activity_lines": [ 31.891333, 29.567818, 29.155476, 30.273161 ] }, { "date": "2023-12-29", "close": 32.3, "volume": 1006142, "typical_volume": 3458625.65, "trend": 31.713333, "fair_value": 39.136346, "relative_strength": -25.476267, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.821923, "energy": 28.877043, "activity_lines": [ 32.236667, 30.489273, 29.358048, 30.304796 ] }, { "date": "2024-01-05", "close": 31.98, "volume": 2632244, "typical_volume": 3479188.35, "trend": 31.614333, "fair_value": 39.105449, "relative_strength": -22.136248, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.28797, "energy": 26.448457, "activity_lines": [ 32.257333, 31.131273, 29.528286, 30.322 ] }, { "date": "2024-01-12", "close": 31.32, "volume": 1842121, "typical_volume": 3491926.45, "trend": 31.449333, "fair_value": 39.057372, "relative_strength": -24.823037, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.588692, "energy": 26.838885, "activity_lines": [ 31.958, 31.420909, 29.63781, 30.303011 ] }, { "date": "2024-01-19", "close": 31.66, "volume": 1029365, "typical_volume": 3367740.0, "trend": 31.303667, "fair_value": 39.025833, "relative_strength": -24.662924, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.942644, "energy": 18.429516, "activity_lines": [ 31.750667, 31.674182, 29.785429, 30.316602 ] }, { "date": "2024-01-26", "close": 31.08, "volume": 1254576, "typical_volume": 3286230.25, "trend": 31.166667, "fair_value": 38.995192, "relative_strength": -25.179066, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.771307, "energy": 8.691346, "activity_lines": [ 31.484, 31.678727, 29.898905, 30.302172 ] }, { "date": "2024-02-02", "close": 31.17, "volume": 1156063, "typical_volume": 3147965.8, "trend": 31.091333, "fair_value": 38.938269, "relative_strength": -24.545393, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.329361, "energy": 5.594006, "activity_lines": [ 31.318, 31.624909, 30.054381, 30.302387 ] }, { "date": "2024-02-09", "close": 33.31, "volume": 1354447, "typical_volume": 3021501.55, "trend": 31.023333, "fair_value": 38.914038, "relative_strength": -19.526824, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.782457, "energy": 17.347391, "activity_lines": [ 31.940667, 31.921273, 30.443905, 30.445527 ] }, { "date": "2024-02-16", "close": 33.81, "volume": 1550575, "typical_volume": 2932375.25, "trend": 30.963333, "fair_value": 38.890321, "relative_strength": -15.612467, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.397691, "energy": 31.294897, "activity_lines": [ 32.641333, 32.257091, 30.89519, 30.625312 ] }, { "date": "2024-02-23", "close": 32.5, "volume": 1711592, "typical_volume": 2865047.75, "trend": 30.873, "fair_value": 38.871282, "relative_strength": -18.657238, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.822791, "energy": 29.883974, "activity_lines": [ 32.739333, 32.303636, 31.216762, 30.724452 ] }, { "date": "2024-03-01", "close": 32.11, "volume": 2012578, "typical_volume": 2512157.85, "trend": 30.823333, "fair_value": 38.869423, "relative_strength": -19.994256, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.923472, "energy": 25.876884, "activity_lines": [ 32.651333, 32.300545, 31.500762, 30.804258 ] }, { "date": "2024-03-08", "close": 31.09, "volume": 1424837, "typical_volume": 2307611.2, "trend": 30.796, "fair_value": 38.873077, "relative_strength": -20.125184, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.655972, "energy": 25.699111, "activity_lines": [ 32.154667, 32.112545, 31.635238, 30.821462 ] }, { "date": "2024-03-15", "close": 31.98, "volume": 4047614, "typical_volume": 2318551.65, "trend": 30.781, "fair_value": 38.877051, "relative_strength": -15.692983, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.518728, "energy": 16.963245, "activity_lines": [ 31.96, 32.108364, 31.802286, 30.897849 ] }, { "date": "2024-03-22", "close": 33.31, "volume": 1474741, "typical_volume": 2134452.85, "trend": 30.807333, "fair_value": 38.91391, "relative_strength": -13.603815, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.628013, "energy": 21.376023, "activity_lines": [ 32.297333, 32.346, 32.035143, 31.061011 ] }, { "date": "2024-03-29", "close": 33.58, "volume": 997734, "typical_volume": 2055865.35, "trend": 30.723667, "fair_value": 38.923462, "relative_strength": -11.913305, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.14698, "energy": 27.516361, "activity_lines": [ 32.758, 32.596545, 32.258524, 31.239892 ] }, { "date": "2024-04-05", "close": 30.65, "volume": 1603656, "typical_volume": 1978437.85, "trend": 30.475333, "fair_value": 38.938397, "relative_strength": -18.460853, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.117408, "energy": 16.010621, "activity_lines": [ 32.17, 32.279455, 32.15619, 31.23514 ] }, { "date": "2024-04-12", "close": 29.5, "volume": 2573586, "typical_volume": 2019979.65, "trend": 30.208, "fair_value": 38.947051, "relative_strength": -20.548705, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.878385, "energy": 5.304918, "activity_lines": [ 31.296, 31.761091, 31.92681, 31.172215 ] }, { "date": "2024-04-19", "close": 29.4, "volume": 1819230, "typical_volume": 1997622.15, "trend": 29.978667, "fair_value": 38.955128, "relative_strength": -15.692976, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.506166, "energy": 11.965386, "activity_lines": [ 30.494667, 31.254909, 31.685667, 31.120086 ] }, { "date": "2024-04-26", "close": 29.32, "volume": 1787447, "typical_volume": 1937120.05, "trend": 29.863667, "fair_value": 38.955256, "relative_strength": -18.504581, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.275937, "energy": 26.797319, "activity_lines": [ 29.838667, 30.805273, 31.442048, 31.077591 ] }, { "date": "2024-05-03", "close": 31.57, "volume": 4262015, "typical_volume": 1866220.95, "trend": 29.835667, "fair_value": 38.979936, "relative_strength": -12.359803, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.305924, "energy": 17.498902, "activity_lines": [ 30.198667, 30.846364, 31.420714, 31.187677 ] }, { "date": "2024-05-10", "close": 30.14, "volume": 1614404, "typical_volume": 1857748.35, "trend": 30.136667, "fair_value": 38.994423, "relative_strength": -16.72862, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.748602, "energy": 15.955082, "activity_lines": [ 30.216, 30.644364, 31.27319, 31.207312 ] }, { "date": "2024-05-17", "close": 29.03, "volume": 1536271, "typical_volume": 1884254.8, "trend": 30.433333, "fair_value": 38.974679, "relative_strength": -20.764274, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.427024, "energy": 21.364323, "activity_lines": [ 29.897333, 30.276364, 31.029476, 31.135914 ] }, { "date": "2024-05-24", "close": 29.95, "volume": 1444384, "typical_volume": 1824861.8, "trend": 30.791667, "fair_value": 38.961795, "relative_strength": -18.637604, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.876869, "energy": 14.587134, "activity_lines": [ 29.916667, 30.113091, 30.888952, 31.104731 ] }, { "date": "2024-05-31", "close": 29.4, "volume": 1068122, "typical_volume": 1786161.85, "trend": 30.907667, "fair_value": 38.9375, "relative_strength": -18.17031, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.36522, "energy": 25.743561, "activity_lines": [ 29.716, 29.886727, 30.705714, 31.014946 ] }, { "date": "2024-06-07", "close": 30.5, "volume": 1055345, "typical_volume": 1787460.85, "trend": 31.131667, "fair_value": 38.927949, "relative_strength": -16.68425, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.720931, "energy": 30.408483, "activity_lines": [ 29.876667, 29.931455, 30.636381, 30.988645 ] }, { "date": "2024-06-14", "close": 29.05, "volume": 1553645, "typical_volume": 1802414.3, "trend": 31.201, "fair_value": 38.913462, "relative_strength": -22.606106, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.251877, "energy": 32.748138, "activity_lines": [ 29.625333, 29.768545, 30.434476, 30.854344 ] }, { "date": "2024-06-21", "close": 30.13, "volume": 2252565, "typical_volume": 1857239.4, "trend": 31.237667, "fair_value": 38.916987, "relative_strength": -19.156771, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.549479, "energy": 24.525897, "activity_lines": [ 29.806667, 29.831091, 30.345095, 30.785247 ] }, { "date": "2024-06-28", "close": 30.17, "volume": 2516385, "typical_volume": 1915336.3, "trend": 31.227333, "fair_value": 38.919615, "relative_strength": -18.333272, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.860532, "energy": 17.041614, "activity_lines": [ 29.928, 29.889455, 30.264476, 30.716366 ] }, { "date": "2024-07-05", "close": 31.78, "volume": 1485305, "typical_volume": 1912072.8, "trend": 31.253333, "fair_value": 38.936923, "relative_strength": -16.350173, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.223793, "energy": 10.007094, "activity_lines": [ 30.571333, 30.226545, 30.352143, 30.752022 ] }, { "date": "2024-07-12", "close": 33.75, "volume": 2208654, "typical_volume": 1936925.9, "trend": 31.256, "fair_value": 38.973462, "relative_strength": -10.345782, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.944768, "energy": 24.967809, "activity_lines": [ 31.712667, 30.877091, 30.637095, 30.913097 ] }, { "date": "2024-07-19", "close": 32.04, "volume": 2432064, "typical_volume": 1957900.2, "trend": 31.252667, "fair_value": 38.990192, "relative_strength": -10.74912, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.748093, "energy": 27.007017, "activity_lines": [ 32.067333, 31.177091, 30.753238, 30.963677 ] }, { "date": "2024-07-26", "close": 33.92, "volume": 1536459, "typical_volume": 1963481.3, "trend": 31.306667, "fair_value": 39.039936, "relative_strength": -2.531947, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.438065, "energy": 47.584654, "activity_lines": [ 32.849333, 31.784364, 31.048762, 31.135763 ] }, { "date": "2024-08-02", "close": 32.4, "volume": 1827837, "typical_volume": 1852492.45, "trend": 31.320667, "fair_value": 39.074936, "relative_strength": -3.486852, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.103249, "energy": 45.303213, "activity_lines": [ 32.872, 32.026364, 31.186048, 31.206301 ] }, { "date": "2024-08-09", "close": 33.84, "volume": 2381127, "typical_volume": 1897811.75, "trend": 31.404667, "fair_value": 39.085769, "relative_strength": 0.75742, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.076462, "energy": 41.968778, "activity_lines": [ 33.226, 32.485636, 31.458476, 31.368839 ] }, { "date": "2024-08-16", "close": 34.94, "volume": 1407777, "typical_volume": 1918313.9, "trend": 31.514, "fair_value": 39.097628, "relative_strength": -0.908779, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.940865, "energy": 56.616546, "activity_lines": [ 33.809333, 33.064182, 31.833143, 31.596925 ] }, { "date": "2024-08-23", "close": 36.36, "volume": 1285139, "typical_volume": 1902388.05, "trend": 31.69, "fair_value": 39.104615, "relative_strength": 2.42757, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.965917, "energy": 62.285362, "activity_lines": [ 34.786667, 33.820182, 32.336571, 31.90957 ] }, { "date": "2024-08-30", "close": 35.98, "volume": 927020, "typical_volume": 1820059.75, "trend": 31.850333, "fair_value": 39.103526, "relative_strength": 2.703554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.035636, "energy": 66.121821, "activity_lines": [ 35.349333, 34.374182, 32.776619, 32.186344 ] }, { "date": "2024-09-06", "close": 35.59, "volume": 1102381, "typical_volume": 1784217.3, "trend": 31.926333, "fair_value": 39.099231, "relative_strength": 8.505627, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.033119, "energy": 63.917161, "activity_lines": [ 35.644667, 34.750909, 33.148667, 32.427613 ] }, { "date": "2024-09-13", "close": 38.91, "volume": 2176143, "typical_volume": 1803652.1, "trend": 32.096333, "fair_value": 39.112821, "relative_strength": 12.56967, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.494083, "energy": 74.834575, "activity_lines": [ 36.834, 35.632727, 33.807429, 32.878172 ] }, { "date": "2024-09-20", "close": 39.29, "volume": 3406595, "typical_volume": 1760881.1, "trend": 32.322667, "fair_value": 39.123397, "relative_strength": 12.606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.952635, "energy": 74.16497, "activity_lines": [ 37.812, 36.454, 34.456714, 33.34228 ] }, { "date": "2024-09-27", "close": 39.13, "volume": 2691785, "typical_volume": 1814750.15, "trend": 32.556667, "fair_value": 39.128397, "relative_strength": 11.344883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.212013, "energy": 72.34275, "activity_lines": [ 38.446667, 37.145455, 35.054, 33.781462 ] }, { "date": "2024-10-04", "close": 34.6, "volume": 3172903, "typical_volume": 1896581.75, "trend": 32.673667, "fair_value": 39.118462, "relative_strength": -1.174117, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.588814, "energy": 45.676515, "activity_lines": [ 37.386667, 36.884364, 35.177048, 33.91329 ] }, { "date": "2024-10-11", "close": 34.83, "volume": 3544671, "typical_volume": 2001596.1, "trend": 32.768667, "fair_value": 39.089167, "relative_strength": -2.060462, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.068447, "energy": 30.775224, "activity_lines": [ 36.495333, 36.652727, 35.295476, 34.052409 ] }, { "date": "2024-10-18", "close": 35.41, "volume": 2300496, "typical_volume": 2063214.8, "trend": 32.838667, "fair_value": 39.054423, "relative_strength": -1.034716, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.204288, "energy": 20.216008, "activity_lines": [ 35.848, 36.482364, 35.445905, 34.222817 ] }, { "date": "2024-10-25", "close": 34.5, "volume": 2351331, "typical_volume": 2128014.1, "trend": 32.869333, "fair_value": 39.009744, "relative_strength": -4.091893, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.943067, "energy": 24.124803, "activity_lines": [ 35.130667, 36.118, 35.481048, 34.33 ] }, { "date": "2024-11-01", "close": 33.08, "volume": 15624971, "typical_volume": 2831580.4, "trend": 32.950333, "fair_value": 38.952821, "relative_strength": -6.473912, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.206499, "energy": 16.645586, "activity_lines": [ 34.259333, 35.503455, 35.361905, 34.343591 ] }, { "date": "2024-11-08", "close": 36.08, "volume": 3979022, "typical_volume": 2917903.25, "trend": 33.169667, "fair_value": 38.911474, "relative_strength": -3.468017, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.394182, "energy": 14.424328, "activity_lines": [ 34.791333, 35.494, 35.509286, 34.545505 ] }, { "date": "2024-11-15", "close": 33.215, "volume": 3070395, "typical_volume": 2945603.75, "trend": 33.296833, "fair_value": 38.875929, "relative_strength": -7.904858, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.514897, "energy": 10.64671, "activity_lines": [ 34.269667, 34.961818, 35.355476, 34.54843 ] }, { "date": "2024-11-22", "close": 34.07, "volume": 1985186, "typical_volume": 2970597.8, "trend": 33.455167, "fair_value": 38.853622, "relative_strength": -7.067236, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.322197, "energy": 11.608449, "activity_lines": [ 34.140667, 34.628273, 35.268595, 34.598312 ] }, { "date": "2024-11-29", "close": 34.67, "volume": 1509583, "typical_volume": 2935644.25, "trend": 33.5585, "fair_value": 38.847788, "relative_strength": -5.89664, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.539238, "energy": 8.218595, "activity_lines": [ 34.301, 34.491818, 35.227952, 34.676688 ] }, { "date": "2024-12-06", "close": 33.76, "volume": 2701340, "typical_volume": 2949108.05, "trend": 33.679167, "fair_value": 38.819712, "relative_strength": -10.913637, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.383279, "energy": 9.092519, "activity_lines": [ 34.146667, 34.273909, 35.096262, 34.689688 ] }, { "date": "2024-12-13", "close": 32.39, "volume": 2103092, "typical_volume": 2977439.7, "trend": 33.791167, "fair_value": 38.765417, "relative_strength": -14.666437, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.769296, "energy": 19.44308, "activity_lines": [ 33.490333, 33.904545, 34.825905, 34.606516 ] }, { "date": "2024-12-20", "close": 34.28, "volume": 5238715, "typical_volume": 3147983.6, "trend": 33.9355, "fair_value": 38.70375, "relative_strength": -7.296543, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.702815, "energy": 10.524603, "activity_lines": [ 33.71, 33.919, 34.742833, 34.638054 ] }, { "date": "2024-12-27", "close": 34.2, "volume": 1186098, "typical_volume": 3088232.15, "trend": 34.0955, "fair_value": 38.649647, "relative_strength": -8.005243, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.990596, "energy": 12.688653, "activity_lines": [ 33.832, 33.928909, 34.64319, 34.655118 ] }, { "date": "2025-01-03", "close": 34.78, "volume": 1402414, "typical_volume": 3087964.0, "trend": 34.238167, "fair_value": 38.629263, "relative_strength": -5.368575, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.839835, "energy": 5.410958, "activity_lines": [ 34.138667, 34.066273, 34.597071, 34.69928 ] }, { "date": "2025-01-10", "close": 33.86, "volume": 1720526, "typical_volume": 3109733.35, "trend": 34.3985, "fair_value": 38.611186, "relative_strength": -5.542284, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.372406, "energy": 5.313496, "activity_lines": [ 34.131333, 34.031273, 34.464095, 34.674882 ] }, { "date": "2025-01-17", "close": 39.05, "volume": 3402073, "typical_volume": 3233486.0, "trend": 34.695833, "fair_value": 38.645224, "relative_strength": 5.920259, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.976222, "energy": 29.120607, "activity_lines": [ 35.847333, 34.925727, 34.83731, 34.974978 ] }, { "date": "2025-01-24", "close": 38.01, "volume": 2992006, "typical_volume": 3327967.25, "trend": 34.957167, "fair_value": 38.671122, "relative_strength": 1.618822, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.304628, "energy": 41.009997, "activity_lines": [ 36.772667, 35.577091, 35.096857, 35.188796 ] }, { "date": "2025-01-31", "close": 38.77, "volume": 2338498, "typical_volume": 3336085.0, "trend": 35.190167, "fair_value": 38.675353, "relative_strength": 5.074574, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.732089, "energy": 59.282664, "activity_lines": [ 37.702667, 36.279455, 35.417262, 35.434785 ] }, { "date": "2025-02-07", "close": 37.45, "volume": 2216293, "typical_volume": 3276569.9, "trend": 35.3135, "fair_value": 38.678494, "relative_strength": 1.514382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.582573, "energy": 62.375037, "activity_lines": [ 37.888, 36.656364, 35.612619, 35.580581 ] }, { "date": "2025-02-14", "close": 38.98, "volume": 2994815, "typical_volume": 3291721.4, "trend": 35.544833, "fair_value": 38.682083, "relative_strength": 2.855214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.804804, "energy": 63.829387, "activity_lines": [ 38.405333, 37.260909, 35.962452, 35.817129 ] }, { "date": "2025-02-21", "close": 34.56, "volume": 3314860, "typical_volume": 3298819.25, "trend": 35.566167, "fair_value": 38.660481, "relative_strength": -6.481622, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.019551, "energy": 25.792024, "activity_lines": [ 37.108, 36.966909, 35.892048, 35.753591 ] }, { "date": "2025-02-28", "close": 33.85, "volume": 5311955, "typical_volume": 3387183.45, "trend": 35.6145, "fair_value": 38.619519, "relative_strength": -5.021867, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.440887, "energy": 10.83025, "activity_lines": [ 35.873333, 36.504364, 35.754214, 35.642871 ] }, { "date": "2025-03-07", "close": 33.67, "volume": 3202981, "typical_volume": 3432307.7, "trend": 35.608833, "fair_value": 38.554199, "relative_strength": -2.306047, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.253527, "energy": 16.181213, "activity_lines": [ 34.856, 36.016909, 35.603905, 35.517419 ] }, { "date": "2025-03-14", "close": 32.72, "volume": 2710117, "typical_volume": 3450247.0, "trend": 35.534833, "fair_value": 38.44875, "relative_strength": -2.503192, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.913659, "energy": 36.115542, "activity_lines": [ 33.862, 35.366364, 35.371405, 35.331043 ] }, { "date": "2025-03-21", "close": 35.28, "volume": 4947697, "typical_volume": 2916383.3, "trend": 35.498833, "fair_value": 38.347147, "relative_strength": 4.912934, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.498466, "energy": 29.599942, "activity_lines": [ 34.036667, 35.218727, 35.39119, 35.314602 ] }, { "date": "2025-03-28", "close": 33.19, "volume": 2984733, "typical_volume": 2866668.85, "trend": 35.405833, "fair_value": 38.239519, "relative_strength": 1.202648, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.414242, "energy": 36.923971, "activity_lines": [ 33.761333, 34.665273, 35.201452, 35.165645 ] }, { "date": "2025-04-04", "close": 29.26, "volume": 3298961, "typical_volume": 2878097.15, "trend": 35.194833, "fair_value": 38.107917, "relative_strength": -0.992503, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.220529, "energy": 57.260315, "activity_lines": [ 32.267333, 33.503818, 34.65119, 34.76914 ] }, { "date": "2025-04-11", "close": 29.17, "volume": 4874698, "typical_volume": 3022572.75, "trend": 34.870167, "fair_value": 37.964519, "relative_strength": -8.100215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.095814, "energy": 62.313378, "activity_lines": [ 31.049333, 32.485091, 34.11119, 34.380441 ] }, { "date": "2025-04-18", "close": 28.46, "volume": 2636492, "typical_volume": 3078918.2, "trend": 34.509167, "fair_value": 37.820224, "relative_strength": -8.074049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.004142, "energy": 73.658671, "activity_lines": [ 29.894667, 31.511818, 33.526905, 33.966882 ] }, { "date": "2025-04-25", "close": 29.61, "volume": 2746292, "typical_volume": 3081165.8, "trend": 34.191833, "fair_value": 37.721314, "relative_strength": -9.975903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.944042, "energy": 72.803525, "activity_lines": [ 29.407333, 30.911091, 33.081714, 33.650806 ] }, { "date": "2025-05-02", "close": 30.32, "volume": 3301032, "typical_volume": 3141062.8, "trend": 34.049167, "fair_value": 37.689904, "relative_strength": -10.616012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.267436, "energy": 65.386044, "activity_lines": [ 29.534667, 30.609818, 32.723905, 33.401011 ] }, { "date": "2025-05-09", "close": 34.05, "volume": 4784723, "typical_volume": 3118363.2, "trend": 34.023167, "fair_value": 37.664712, "relative_strength": 0.524037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.932008, "energy": 27.537106, "activity_lines": [ 31.096667, 31.063818, 32.73119, 33.401065 ] }, { "date": "2025-05-16", "close": 35.07, "volume": 3370144, "typical_volume": 3227565.5, "trend": 34.011833, "fair_value": 37.624583, "relative_strength": -3.193006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.974547, "energy": 15.340273, "activity_lines": [ 32.679333, 31.699636, 32.836714, 33.468602 ] }, { "date": "2025-05-23", "close": 34.17, "volume": 3283172, "typical_volume": 3321603.4, "trend": 34.000833, "fair_value": 37.563878, "relative_strength": -3.439498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.085326, "energy": 20.88262, "activity_lines": [ 33.568667, 32.146364, 32.852381, 33.478806 ] }, { "date": "2025-05-30", "close": 34.5, "volume": 2724142, "typical_volume": 3371784.2, "trend": 34.048167, "fair_value": 37.498558, "relative_strength": -4.382667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 7.810162, "energy": 23.298523, "activity_lines": [ 34.187333, 32.626727, 32.902381, 33.511011 ] }, { "date": "2025-06-06", "close": 35.6, "volume": 3100084, "typical_volume": 3356684.75, "trend": 34.032167, "fair_value": 37.434391, "relative_strength": -3.370756, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.381961, "energy": 30.087787, "activity_lines": [ 34.846667, 33.321273, 33.054095, 33.611129 ] }, { "date": "2025-06-13", "close": 32.97, "volume": 3294373, "typical_volume": 3371803.1, "trend": 34.024, "fair_value": 37.363814, "relative_strength": -10.045884, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.65774, "energy": 18.062567, "activity_lines": [ 34.277333, 33.493818, 32.971762, 33.542602 ] }, { "date": "2025-06-20", "close": 31.89, "volume": 2468696, "typical_volume": 3378313.0, "trend": 33.951333, "fair_value": 37.237019, "relative_strength": -12.908517, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -19.957117, "energy": 11.650929, "activity_lines": [ 33.42, 33.402545, 32.810571, 33.404925 ] }, { "date": "2025-06-27", "close": 31.98, "volume": 3538753, "typical_volume": 3444436.0, "trend": 33.861667, "fair_value": 37.108686, "relative_strength": -16.028268, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.728935, "energy": 17.532252, "activity_lines": [ 32.804667, 33.278182, 32.690714, 33.277742 ] }, { "date": "2025-07-04", "close": 32.16, "volume": 2169932, "typical_volume": 3403191.85, "trend": 33.808333, "fair_value": 36.963878, "relative_strength": -16.637864, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.004929, "energy": 26.525614, "activity_lines": [ 32.395333, 33.122545, 32.614048, 33.167957 ] }, { "date": "2025-07-11", "close": 34.0, "volume": 3018383, "typical_volume": 3388368.0, "trend": 33.862, "fair_value": 36.837917, "relative_strength": -11.369302, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.426346, "energy": 17.997246, "activity_lines": [ 32.755333, 33.255091, 32.745095, 33.180323 ] }, { "date": "2025-07-18", "close": 35.2, "volume": 2925195, "typical_volume": 3269030.0, "trend": 33.892667, "fair_value": 36.736506, "relative_strength": -9.267357, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -2.662243, "energy": 5.746879, "activity_lines": [ 33.622, 33.538909, 32.993095, 33.266645 ] }, { "date": "2025-07-25", "close": 37.52, "volume": 3250696, "typical_volume": 3271415.75, "trend": 34.003333, "fair_value": 36.651827, "relative_strength": -3.961346, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.88523, "energy": 43.911267, "activity_lines": [ 35.113333, 34.223636, 33.455619, 33.500667 ] }, { "date": "2025-08-01", "close": 34.4, "volume": 2926302, "typical_volume": 3282225.0, "trend": 33.990667, "fair_value": 36.535801, "relative_strength": -9.697673, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.277981, "energy": 39.724098, "activity_lines": [ 35.189333, 34.296545, 33.602667, 33.526258 ] }, { "date": "2025-08-08", "close": 34.19, "volume": 3454444, "typical_volume": 3207562.35, "trend": 34.001667, "fair_value": 36.420673, "relative_strength": -13.087943, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.850141, "energy": 40.647332, "activity_lines": [ 35.034, 34.327091, 33.721714, 33.539118 ] }, { "date": "2025-08-15", "close": 36.87, "volume": 2294477, "typical_volume": 3173049.55, "trend": 33.929, "fair_value": 36.355224, "relative_strength": -6.462831, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.435253, "energy": 50.212691, "activity_lines": [ 35.636667, 34.850545, 34.10119, 33.724172 ] }, { "date": "2025-08-22", "close": 37.86, "volume": 2384123, "typical_volume": 3127307.65, "trend": 33.924, "fair_value": 36.292788, "relative_strength": -2.77618, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.639396, "energy": 57.19716, "activity_lines": [ 36.378, 35.530909, 34.557429, 33.977785 ] }, { "date": "2025-08-29", "close": 36.89, "volume": 2073080, "typical_volume": 2987226.75, "trend": 33.861333, "fair_value": 36.244904, "relative_strength": -4.70239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.910169, "energy": 57.229136, "activity_lines": [ 36.618667, 35.946, 34.880333, 34.16914 ] }, { "date": "2025-09-05", "close": 35.99, "volume": 3463796, "typical_volume": 3028591.95, "trend": 33.812667, "fair_value": 36.174263, "relative_strength": -7.487684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.791795, "energy": 54.646987, "activity_lines": [ 36.601333, 36.106545, 35.080762, 34.306473 ] }, { "date": "2025-09-12", "close": 32.39, "volume": 4997286, "typical_volume": 3141141.65, "trend": 33.593, "fair_value": 36.100865, "relative_strength": -17.609953, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.958961, "energy": 17.09348, "activity_lines": [ 35.278, 35.539636, 34.902476, 34.214688 ] }, { "date": "2025-09-19", "close": 32.54, "volume": 4210656, "typical_volume": 3186622.85, "trend": 33.525667, "fair_value": 36.037212, "relative_strength": -18.33402, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 11.52437, "energy": 14.387322, "activity_lines": [ 34.124667, 34.995818, 34.725238, 34.146753 ] }, { "date": "2025-09-26", "close": 27.51, "volume": 7969206, "typical_volume": 3345847.0, "trend": 33.314333, "fair_value": 35.929647, "relative_strength": -29.944673, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -41.761225, "energy": 40.060088, "activity_lines": [ 31.583333, 33.564, 34.058381, 33.758645 ] }, { "date": "2025-10-03", "close": 27.28, "volume": 4906038, "typical_volume": 3422641.7, "trend": 33.101333, "fair_value": 35.80125, "relative_strength": -30.832839, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.407229, "energy": 62.425806, "activity_lines": [ 29.655333, 32.230182, 33.400762, 33.369333 ] }, { "date": "2025-10-10", "close": 26.54, "volume": 4658085, "typical_volume": 3491387.35, "trend": 32.895333, "fair_value": 35.644006, "relative_strength": -30.617939, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.606795, "energy": 76.920839, "activity_lines": [ 28.121333, 30.948, 32.709762, 32.946022 ] }, { "date": "2025-10-17", "close": 25.9, "volume": 3314708, "typical_volume": 3520915.65, "trend": 32.582667, "fair_value": 35.488429, "relative_strength": -33.333758, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.754741, "energy": 89.987026, "activity_lines": [ 27.004, 29.692364, 31.994143, 32.49471 ] }, { "date": "2025-10-24", "close": 30.25, "volume": 4834386, "typical_volume": 3607630.75, "trend": 32.484667, "fair_value": 35.346571, "relative_strength": -23.317171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.830962, "energy": 77.521706, "activity_lines": [ 27.769333, 29.378364, 31.733762, 32.344215 ] }, { "date": "2025-10-31", "close": 28.57, "volume": 3453097, "typical_volume": 3615566.95, "trend": 32.461667, "fair_value": 35.152468, "relative_strength": -28.463091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.749194, "energy": 59.175145, "activity_lines": [ 28.127333, 28.879273, 31.338857, 32.091656 ] }, { "date": "2025-11-07", "close": 31.43, "volume": 6637975, "typical_volume": 3824030.9, "trend": 32.537, "fair_value": 34.989327, "relative_strength": -18.33693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.987796, "energy": 33.153662, "activity_lines": [ 29.368, 29.069091, 31.237286, 32.025097 ] }, { "date": "2025-11-14", "close": 34.03, "volume": 3787178, "typical_volume": 3836452.15, "trend": 32.722667, "fair_value": 34.842019, "relative_strength": -11.14632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.563036, "energy": 21.405884, "activity_lines": [ 31.198667, 29.830909, 31.385524, 32.121419 ] }, { "date": "2025-11-21", "close": 34.31, "volume": 4493051, "typical_volume": 3952608.1, "trend": 32.879333, "fair_value": 34.689583, "relative_strength": -7.291182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.309876, "energy": 22.247411, "activity_lines": [ 32.623333, 30.679273, 31.550667, 32.223828 ] }, { "date": "2025-11-28", "close": 35.29, "volume": 3058344, "typical_volume": 3954606.15, "trend": 33.045, "fair_value": 34.528109, "relative_strength": -8.818067, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 19.571745, "energy": 31.986075, "activity_lines": [ 33.814, 31.670909, 31.798905, 32.379355 ] }, { "date": "2025-12-05", "close": 39.83, "volume": 3407261, "typical_volume": 3978709.45, "trend": 33.237667, "fair_value": 34.405032, "relative_strength": 1.911962, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.946483, "energy": 55.20717, "activity_lines": [ 36.182, 33.438, 32.473381, 32.817097 ] }, { "date": "2025-12-12", "close": 40.51, "volume": 4044629, "typical_volume": 4018406.1, "trend": 33.419, "fair_value": 34.307788, "relative_strength": 5.504553, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.016909, "energy": 73.135415, "activity_lines": [ 38.026, 35.104727, 33.190571, 33.28628 ] }, { "date": "2025-12-19", "close": 37.81, "volume": 4225784, "typical_volume": 4083380.2, "trend": 33.540333, "fair_value": 34.186699, "relative_strength": -1.918881, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.95344, "energy": 77.805329, "activity_lines": [ 38.364667, 36.04, 33.636381, 33.56957 ] }, { "date": "2025-12-26", "close": 38.13, "volume": 1888636, "typical_volume": 4005089.8, "trend": 33.661333, "fair_value": 34.077917, "relative_strength": -2.158359, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.329949, "energy": 79.731876, "activity_lines": [ 38.558, 36.828545, 34.096429, 33.865677 ] }, { "date": "2026-01-02", "close": 37.38, "volume": 1767601, "typical_volume": 3978746.0, "trend": 33.720667, "fair_value": 33.973558, "relative_strength": -2.204178, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.068751, "energy": 65.044384, "activity_lines": [ 38.246667, 37.258364, 34.466286, 34.105591 ] }, { "date": "2026-01-09", "close": 38.55, "volume": 3261220, "typical_volume": 4022600.85, "trend": 33.906667, "fair_value": 33.916699, "relative_strength": -1.15069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.986121, "energy": 46.414787, "activity_lines": [ 38.186, 37.771273, 34.945143, 34.417161 ] }, { "date": "2026-01-16", "close": 36.22, "volume": 4287521, "typical_volume": 4133322.9, "trend": 34.051, "fair_value": 33.831571, "relative_strength": -5.827085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.479385, "energy": 31.827708, "activity_lines": [ 37.434, 37.679091, 35.19881, 34.566409 ] }, { "date": "2026-01-23", "close": 36.82, "volume": 2373767, "typical_volume": 4078821.45, "trend": 34.212333, "fair_value": 33.75625, "relative_strength": -4.104293, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.949927, "energy": 27.103614, "activity_lines": [ 37.168, 37.608909, 35.51281, 34.745054 ] }, { "date": "2026-01-30", "close": 36.52, "volume": 2504564, "typical_volume": 3954185.35, "trend": 34.357667, "fair_value": 33.674071, "relative_strength": -4.281633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.765877, "energy": 23.600194, "activity_lines": [ 36.868, 37.433455, 35.794286, 34.893935 ] }, { "date": "2026-02-06", "close": 37.27, "volume": 2598669, "typical_volume": 3873586.0, "trend": 34.466667, "fair_value": 33.610673, "relative_strength": -0.018087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.186356, "energy": 20.738891, "activity_lines": [ 36.925333, 37.354182, 36.127524, 35.081828 ] }, { "date": "2026-02-13", "close": 36.01, "volume": 2665350, "typical_volume": 3608393.2, "trend": 34.493667, "fair_value": 33.525673, "relative_strength": -1.756829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.016199, "energy": 18.748652, "activity_lines": [ 36.57, 37.009818, 36.318238, 35.181398 ] }, { "date": "2026-02-20", "close": 29.16, "volume": 9004401, "typical_volume": 3813311.35, "trend": 34.215, "fair_value": 33.422019, "relative_strength": -20.892633, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.456655, "energy": 27.12496, "activity_lines": [ 34.100667, 35.489455, 35.816095, 34.83729 ] }, { "date": "2026-02-27", "close": 28.54, "volume": 10501009, "typical_volume": 4105457.55, "trend": 34.019667, "fair_value": 33.327788, "relative_strength": -21.885854, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.59916, "energy": 45.143513, "activity_lines": [ 31.895333, 34.062727, 35.245952, 34.471161 ] }, { "date": "2026-03-06", "close": 28.33, "volume": 4351140, "typical_volume": 4157279.15, "trend": 33.824333, "fair_value": 33.244904, "relative_strength": -20.940684, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.38586, "energy": 65.391183, "activity_lines": [ 30.172, 32.766364, 34.646286, 34.104086 ] }, { "date": "2026-03-13", "close": 27.61, "volume": 2838720, "typical_volume": 4057495.85, "trend": 33.515667, "fair_value": 33.153173, "relative_strength": -21.610985, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.148134, "energy": 71.226573, "activity_lines": [ 28.754667, 31.517273, 33.966476, 33.703161 ] }, { "date": "2026-03-20", "close": 27.72, "volume": 3697694, "typical_volume": 4069725.7, "trend": 33.177667, "fair_value": 33.063622, "relative_strength": -19.036693, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.396347, "energy": 73.630885, "activity_lines": [ 28.018, 30.465818, 33.309714, 33.329247 ] }, { "date": "2026-03-27", "close": 26.54, "volume": 3747967, "typical_volume": 3925225.3, "trend": 32.832667, "fair_value": 33.024455, "relative_strength": -19.267788, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.365234, "energy": 74.695163, "activity_lines": [ 27.440667, 29.396727, 32.544619, 32.901011 ] }, { "date": "2026-04-03", "close": 27.74, "volume": 2632307, "typical_volume": 3867481.75, "trend": 32.557667, "fair_value": 33.006763, "relative_strength": -18.253076, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.714411, "energy": 61.01902, "activity_lines": [ 27.438, 28.721818, 31.917095, 32.572452 ] }, { "date": "2026-04-10", "close": 28.89, "volume": 3319956, "typical_volume": 3808827.0, "trend": 32.441, "fair_value": 32.989968, "relative_strength": -18.030999, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.595608, "energy": 52.709844, "activity_lines": [ 27.872, 28.421091, 31.429048, 32.335828 ] }, { "date": "2026-04-17", "close": 29.99, "volume": 2796108, "typical_volume": 3795715.2, "trend": 32.356, "fair_value": 32.974519, "relative_strength": -19.375955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.636783, "energy": 42.154878, "activity_lines": [ 28.635333, 28.459091, 31.071571, 32.177699 ] }, { "date": "2026-04-24", "close": 30.8, "volume": 8389259, "typical_volume": 4044815.1, "trend": 32.465667, "fair_value": 32.965288, "relative_strength": -18.532453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.731198, "energy": 27.275886, "activity_lines": [ 29.51, 28.776727, 30.816476, 32.077312 ] }, { "date": "2026-05-01", "close": 31.83, "volume": 2822785, "typical_volume": 3983722.9, "trend": 32.617333, "fair_value": 32.939455, "relative_strength": -16.6674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.688586, "energy": 24.896954, "activity_lines": [ 30.522667, 29.376364, 30.702476, 32.036301 ] }, { "date": "2026-05-08", "close": 30.99, "volume": 5127755, "typical_volume": 4028821.45, "trend": 32.765667, "fair_value": 32.906506, "relative_strength": -22.399419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.515021, "energy": 23.607586, "activity_lines": [ 30.902667, 29.774727, 30.54981, 31.931312 ] }, { "date": "2026-05-15", "close": 30.09, "volume": 3476973, "typical_volume": 4108238.3, "trend": 32.905333, "fair_value": 32.874968, "relative_strength": -23.75444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.05362, "energy": 21.106437, "activity_lines": [ 30.766, 29.964909, 30.343905, 31.758688 ] }, { "date": "2026-05-22", "close": 30.15, "volume": 3072468, "typical_volume": 4173481.65, "trend": 32.902, "fair_value": 32.840288, "relative_strength": -23.852824, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.913901, "energy": 19.222233, "activity_lines": [ 30.569333, 30.134, 30.182, 31.580925 ] }, { "date": "2026-05-29", "close": 31.59, "volume": 3194006, "typical_volume": 4170120.95, "trend": 33.002667, "fair_value": 32.817212, "relative_strength": -21.808631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.319779, "energy": 11.965595, "activity_lines": [ 30.842, 30.518727, 30.191667, 31.49628 ] }, { "date": "2026-06-05", "close": 32.2, "volume": 4074200, "typical_volume": 4159454.9, "trend": 33.028333, "fair_value": 32.799583, "relative_strength": -15.89702, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.903032, "energy": 8.424793, "activity_lines": [ 31.265333, 30.944, 30.292571, 31.444495 ] }, { "date": "2026-06-12", "close": 34.46, "volume": 4947052, "typical_volume": 4288119.15, "trend": 33.042667, "fair_value": 32.787981, "relative_strength": -11.554863, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.982618, "energy": 25.257607, "activity_lines": [ 32.417333, 31.677273, 30.627857, 31.53686 ] }, { "date": "2026-06-19", "close": 33.28, "volume": 2860691, "typical_volume": 4305925.5, "trend": 33.008333, "fair_value": 32.770353, "relative_strength": -16.335793, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.038682, "energy": 31.579884, "activity_lines": [ 32.944667, 32.073818, 30.862, 31.552172 ] }, { "date": "2026-06-26", "close": 35.47, "volume": 4287421, "typical_volume": 4390363.1, "trend": 33.014333, "fair_value": 32.772147, "relative_strength": -6.349425, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.680459, "energy": 53.942635, "activity_lines": [ 33.989333, 32.788727, 31.320143, 31.710989 ] }, { "date": "2026-07-03", "close": 37.26, "volume": 3835672, "typical_volume": 4448879.2, "trend": 32.928667, "fair_value": 32.796699, "relative_strength": -2.261279, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.531175, "energy": 65.199179, "activity_lines": [ 35.276, 33.729455, 31.957333, 31.984903 ] }, { "date": "2026-07-10", "close": 36.84, "volume": 3401394, "typical_volume": 4168728.85, "trend": 32.806333, "fair_value": 32.80625, "relative_strength": -4.712742, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.765635, "energy": 66.335255, "activity_lines": [ 36.044667, 34.476364, 32.548571, 32.237247 ] }, { "date": "2026-07-17", "close": 33.77, "volume": 4730740, "typical_volume": 3880215.4, "trend": 32.671667, "fair_value": 32.794455, "relative_strength": -8.386741, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.013057, "energy": 49.846453, "activity_lines": [ 35.480667, 34.574, 32.810857, 32.299419 ] }, { "date": "2026-07-24", "close": 35.32, "volume": 5300382, "typical_volume": 3927677.5, "trend": 32.578, "fair_value": 32.79516, "relative_strength": -2.099274, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.991179, "energy": 40.595741, "activity_lines": [ 35.479333, 34.902909, 33.195857, 32.47028 ] }, { "date": "2026-07-31", "close": 35.24, "volume": 3184072, "typical_volume": 3944945.1, "trend": 32.506667, "fair_value": 32.805673, "relative_strength": -2.459451, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.204054, "energy": 37.373225, "activity_lines": [ 35.315333, 35.122182, 33.539952, 32.642022 ] }, { "date": "2026-08-07", "close": 38.41, "volume": 5994175, "typical_volume": 4059769.15, "trend": 32.502, "fair_value": 32.84734, "relative_strength": 1.407682, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.36718, "energy": 44.965116, "activity_lines": [ 36.223333, 35.825273, 34.149619, 33.022882 ] } ], "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." } } }