{ "ticker": { "uuid": "978efbc9-a57c-4f79-bbf8-e97ea1b30160", "symbol": "1120", "name": "Al Rajhi Banking and Investment Corporation", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 49.32, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.554, "architecture_energy": 74.248, "architecture_maturity": 9.143, "architecture_confidence": 79.829, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 13.23, "rotation_up": 10.77, "upward_expansion": 17.35, "deceleration": 37.36, "rotation_down": 73.77, "downward_expansion": 93.02 }, "activity_lines": [ 63.926667, 64.7, 65.787912, 66.428197 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 64.550003, "trend_reference": 67.190105, "distance_from_trend": -0.039293, "trend_direction": "Improving", "fair_value": 58.723078, "distance_from_fair_value": 0.099227, "fair_value_direction": "Weakening", "relative_strength": -1.230583, "relative_strength_direction": "Weakening", "price_momentum": -0.080062, "excess_performance": -0.048232, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039293, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.003937, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.099227, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.068785, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.012306, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032484, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.080062, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.687306, "read": "Supply-led" } ], "volume": { "latest": 33840373, "relative_activity": 1.295693, "balance": 0.687306, "dry_up": 1.016153, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.026098, "annualized_volatility": 0.123874, "from_high_reference": -0.120572, "from_low_reference": 0.100714 }, "levels": { "trend_reference": 67.190105, "fair_value_reference": 58.723078, "structural_low": 62.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.014398, "positive_rate": 0.588235, "directional_follow_through": 0.411765, "median_excess_return": -0.000746, "regime_survival": 0.764706, "best_return": 0.174455, "worst_return": -0.108205, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.014379, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.012581, "regime_survival": 0.714286, "best_return": 0.378505, "worst_return": -0.13521, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.065693, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.05762, "regime_survival": 0.5, "best_return": 0.192117, "worst_return": -0.126966, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.016372, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.029843, "regime_survival": 0.5, "best_return": 0.171016, "worst_return": -0.138272, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-10-11", "tenure": "New", "return": -0.050056, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": 0.125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-04-11", "tenure": "Established", "return": 0.047619, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": -0.071356, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.028939, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-09-19", "tenure": "Developing", "return": -0.010438, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": 0.04572, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.080869, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": 0.118414, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": -0.056075, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": 0.066206, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": -0.069968, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": -0.027904, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.009382, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 44.497906, "volume": 39195337, "typical_volume": 11982037.2, "trend": 45.554609, "fair_value": 43.911243, "relative_strength": -8.163671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.127057, "energy": 22.018358, "activity_lines": [ 44.69921, 44.674116, 45.060113, 45.208979 ] }, { "date": "2023-08-11", "close": 44.871834, "volume": 24118065, "typical_volume": 13187772.6, "trend": 45.528106, "fair_value": 44.062389, "relative_strength": -7.630904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.331914, "energy": 15.750454, "activity_lines": [ 44.806329, 44.713778, 45.02715, 45.164929 ] }, { "date": "2023-08-18", "close": 45.495056, "volume": 23994366, "typical_volume": 14387168.65, "trend": 45.478139, "fair_value": 44.214931, "relative_strength": -6.460876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.314581, "energy": 15.784152, "activity_lines": [ 45.095527, 44.863102, 45.042677, 45.162797 ] }, { "date": "2023-08-25", "close": 45.058804, "volume": 16038607, "typical_volume": 15188405.4, "trend": 45.417651, "fair_value": 44.363261, "relative_strength": -6.817902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.763125, "energy": 12.429585, "activity_lines": [ 45.143464, 44.912546, 45.014777, 45.135743 ] }, { "date": "2023-09-01", "close": 44.996475, "volume": 19816296, "typical_volume": 16178561.35, "trend": 45.290738, "fair_value": 44.504106, "relative_strength": -7.435865, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.093887, "energy": 12.18712, "activity_lines": [ 45.062956, 44.938028, 44.98114, 45.108571 ] }, { "date": "2023-09-08", "close": 44.123974, "volume": 19548385, "typical_volume": 17155340.5, "trend": 45.142785, "fair_value": 44.633691, "relative_strength": -6.79549, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.93186, "energy": 20.661027, "activity_lines": [ 44.776275, 44.815691, 44.871916, 45.033295 ] }, { "date": "2023-09-15", "close": 44.497906, "volume": 18537958, "typical_volume": 18082133.5, "trend": 45.071645, "fair_value": 44.763547, "relative_strength": -5.327787, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.406978, "energy": 27.067542, "activity_lines": [ 44.639168, 44.773519, 44.809091, 44.99169 ] }, { "date": "2023-09-22", "close": 42.378956, "volume": 34259480, "typical_volume": 19794961.8, "trend": 44.951992, "fair_value": 44.879348, "relative_strength": -7.896031, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.510183, "energy": 62.835151, "activity_lines": [ 43.820672, 44.345883, 44.556097, 44.817968 ] }, { "date": "2023-09-29", "close": 42.316631, "volume": 26802970, "typical_volume": 21134720.3, "trend": 44.908686, "fair_value": 44.993569, "relative_strength": -8.658479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.176502, "energy": 72.715715, "activity_lines": [ 43.189141, 43.937432, 44.319769, 44.647945 ] }, { "date": "2023-10-06", "close": 41.444126, "volume": 16954052, "typical_volume": 21982186.35, "trend": 44.808145, "fair_value": 45.099127, "relative_strength": -7.932369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.149852, "energy": 80.960433, "activity_lines": [ 42.449587, 43.390838, 44.016232, 44.424425 ] }, { "date": "2023-10-13", "close": 40.509293, "volume": 38261156, "typical_volume": 23894973.15, "trend": 44.668398, "fair_value": 45.201054, "relative_strength": -8.282454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.364257, "energy": 87.402261, "activity_lines": [ 41.635245, 42.761952, 43.647211, 44.14708 ] }, { "date": "2023-10-20", "close": 40.758583, "volume": 29526200, "typical_volume": 25370468.45, "trend": 44.607342, "fair_value": 45.306704, "relative_strength": -8.111495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.827062, "energy": 83.862767, "activity_lines": [ 41.144979, 42.250912, 43.327886, 43.894834 ] }, { "date": "2023-10-27", "close": 40.010719, "volume": 35984633, "typical_volume": 27168960.0, "trend": 44.437682, "fair_value": 45.406379, "relative_strength": -7.421696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.787111, "energy": 90.205916, "activity_lines": [ 40.654713, 41.678682, 42.955966, 43.598277 ] }, { "date": "2023-11-03", "close": 43.625393, "volume": 40931351, "typical_volume": 29214394.0, "trend": 44.388511, "fair_value": 45.528045, "relative_strength": -2.983392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.208255, "energy": 49.251946, "activity_lines": [ 41.52722, 41.863382, 42.949031, 43.545872 ] }, { "date": "2023-11-10", "close": 44.123974, "volume": 27983572, "typical_volume": 30612971.8, "trend": 44.30687, "fair_value": 45.652671, "relative_strength": -1.589049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.173739, "energy": 23.303293, "activity_lines": [ 42.478671, 42.164794, 42.993099, 43.528805 ] }, { "date": "2023-11-17", "close": 46.429882, "volume": 38307189, "typical_volume": 31460698.05, "trend": 44.308229, "fair_value": 45.794911, "relative_strength": 1.458176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 2.694442, "energy": 18.793268, "activity_lines": [ 44.0201, 42.901326, 43.263765, 43.665773 ] }, { "date": "2023-11-24", "close": 46.990784, "volume": 25700589, "typical_volume": 31605743.75, "trend": 44.309876, "fair_value": 45.935552, "relative_strength": 2.879593, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.049393, "energy": 43.707982, "activity_lines": [ 45.353792, 43.697915, 43.580058, 43.838841 ] }, { "date": "2023-12-01", "close": 47.614006, "volume": 27071207, "typical_volume": 30506727.35, "trend": 44.326161, "fair_value": 46.072632, "relative_strength": 3.464939, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.284055, "energy": 54.876136, "activity_lines": [ 46.479744, 44.562492, 43.943783, 44.052011 ] }, { "date": "2023-12-08", "close": 47.614006, "volume": 27633641, "typical_volume": 29283346.45, "trend": 44.391535, "fair_value": 46.203807, "relative_strength": 3.136608, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.033675, "energy": 71.319539, "activity_lines": [ 47.09881, 45.331886, 44.290572, 44.26413 ] }, { "date": "2023-12-15", "close": 51.851898, "volume": 51154471, "typical_volume": 29090976.25, "trend": 44.573628, "fair_value": 46.360968, "relative_strength": 9.187076, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.81178, "energy": 92.708656, "activity_lines": [ 48.864599, 46.775489, 45.021111, 44.745444 ] }, { "date": "2023-12-22", "close": 51.415646, "volume": 27032573, "typical_volume": 28482838.05, "trend": 44.755496, "fair_value": 46.515805, "relative_strength": 7.471676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.194403, "energy": 92.952764, "activity_lines": [ 49.969776, 47.950543, 45.683505, 45.186864 ] }, { "date": "2023-12-29", "close": 54.220135, "volume": 32629033, "typical_volume": 28908386.45, "trend": 45.0738, "fair_value": 46.689563, "relative_strength": 10.27524, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.213914, "energy": 95.794444, "activity_lines": [ 51.677398, 49.437205, 46.580052, 45.797486 ] }, { "date": "2024-01-05", "close": 54.531746, "volume": 27298658, "typical_volume": 29073601.05, "trend": 45.412719, "fair_value": 46.864375, "relative_strength": 8.87755, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.195373, "energy": 93.692612, "activity_lines": [ 53.006934, 50.735769, 47.46176, 46.407676 ] }, { "date": "2024-01-12", "close": 54.220135, "volume": 25479793, "typical_volume": 29545660.35, "trend": 45.74125, "fair_value": 47.036008, "relative_strength": 8.44744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.020309, "energy": 89.269988, "activity_lines": [ 53.771417, 51.713658, 48.270759, 46.975897 ] }, { "date": "2024-01-19", "close": 53.036015, "volume": 49531593, "typical_volume": 31031425.2, "trend": 45.989403, "fair_value": 47.202176, "relative_strength": 7.441341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.755182, "energy": 79.121134, "activity_lines": [ 53.700785, 52.283621, 48.923359, 47.446527 ] }, { "date": "2024-01-26", "close": 55.154964, "volume": 33950588, "typical_volume": 31751535.35, "trend": 46.334778, "fair_value": 47.380983, "relative_strength": 9.798325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.739935, "energy": 68.782217, "activity_lines": [ 54.257527, 53.07681, 49.73948, 48.037853 ] }, { "date": "2024-02-02", "close": 53.596916, "volume": 44106205, "typical_volume": 33029947.7, "trend": 46.638444, "fair_value": 47.548149, "relative_strength": 8.916795, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.436088, "energy": 61.743789, "activity_lines": [ 54.045633, 53.428079, 50.354687, 48.506378 ] }, { "date": "2024-02-09", "close": 54.781033, "volume": 25000149, "typical_volume": 32566981.15, "trend": 46.995899, "fair_value": 47.724794, "relative_strength": 8.715853, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.365132, "energy": 60.163444, "activity_lines": [ 54.269992, 53.874531, 51.039339, 49.031707 ] }, { "date": "2024-02-16", "close": 55.902832, "volume": 30707305, "typical_volume": 32762197.9, "trend": 47.411201, "fair_value": 47.910757, "relative_strength": 8.438312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.217375, "energy": 64.238271, "activity_lines": [ 54.851666, 54.394637, 51.771771, 49.606347 ] }, { "date": "2024-02-23", "close": 56.46373, "volume": 22359107, "typical_volume": 33032450.65, "trend": 47.751112, "fair_value": 48.09748, "relative_strength": 8.1722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.713819, "energy": 62.776202, "activity_lines": [ 55.508125, 54.866018, 52.492926, 50.190382 ] }, { "date": "2024-03-01", "close": 55.466576, "volume": 22786452, "typical_volume": 32258715.45, "trend": 48.116734, "fair_value": 48.264115, "relative_strength": 6.24377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.479995, "energy": 57.893864, "activity_lines": [ 55.603685, 55.072248, 53.047592, 50.688154 ] }, { "date": "2024-03-08", "close": 53.472275, "volume": 18881057, "typical_volume": 31726458.3, "trend": 48.403416, "fair_value": 48.409937, "relative_strength": 2.89091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.40546, "energy": 49.077155, "activity_lines": [ 55.013704, 54.842224, 53.341099, 51.033672 ] }, { "date": "2024-03-15", "close": 53.721558, "volume": 31027326, "typical_volume": 31478592.95, "trend": 48.677632, "fair_value": 48.53941, "relative_strength": 2.171716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.257881, "energy": 38.801857, "activity_lines": [ 54.515127, 54.671121, 53.597806, 51.376778 ] }, { "date": "2024-03-22", "close": 54.843353, "volume": 25462241, "typical_volume": 30705137.45, "trend": 49.003784, "fair_value": 48.680797, "relative_strength": 3.432948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.723508, "energy": 31.177957, "activity_lines": [ 54.461114, 54.718712, 53.896061, 51.774567 ] }, { "date": "2024-03-29", "close": 52.473766, "volume": 31293433, "typical_volume": 30870630.5, "trend": 49.253027, "fair_value": 48.787393, "relative_strength": 1.155112, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.794674, "energy": 22.017984, "activity_lines": [ 53.687869, 54.324137, 53.915222, 51.998436 ] }, { "date": "2024-04-05", "close": 53.357796, "volume": 24016109, "typical_volume": 30156076.5, "trend": 49.560821, "fair_value": 48.912645, "relative_strength": 1.757718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.339487, "energy": 18.964634, "activity_lines": [ 53.4753, 54.100518, 53.978816, 52.26326 ] }, { "date": "2024-04-19", "close": 50.895126, "volume": 38155922, "typical_volume": 30778843.15, "trend": 49.774062, "fair_value": 49.019276, "relative_strength": -1.270487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.176422, "energy": 11.37346, "activity_lines": [ 52.582425, 53.461817, 53.77488, 52.349344 ] }, { "date": "2024-04-26", "close": 48.937622, "volume": 37272645, "typical_volume": 31288915.05, "trend": 49.992684, "fair_value": 49.097655, "relative_strength": -3.040657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.787721, "energy": 26.706333, "activity_lines": [ 51.208859, 52.516329, 53.365922, 52.295381 ] }, { "date": "2024-05-03", "close": 50.389969, "volume": 32741801, "typical_volume": 31544323.05, "trend": 50.261795, "fair_value": 49.193459, "relative_strength": -0.89554, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.019035, "energy": 27.173987, "activity_lines": [ 50.638338, 51.941149, 53.088981, 52.321012 ] }, { "date": "2024-05-10", "close": 50.200531, "volume": 33869449, "typical_volume": 30680071.95, "trend": 50.553675, "fair_value": 49.290435, "relative_strength": -0.678369, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.697175, "energy": 50.413273, "activity_lines": [ 50.301563, 51.431758, 52.780778, 52.317059 ] }, { "date": "2024-05-17", "close": 50.642548, "volume": 33774148, "typical_volume": 31017150.7, "trend": 50.891451, "fair_value": 49.384039, "relative_strength": 0.880784, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.94258, "energy": 48.846309, "activity_lines": [ 50.263676, 51.116611, 52.522537, 52.322793 ] }, { "date": "2024-05-24", "close": 49.947948, "volume": 22131618, "typical_volume": 30492279.95, "trend": 51.197763, "fair_value": 49.468179, "relative_strength": 1.13285, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.31603, "energy": 39.193913, "activity_lines": [ 50.175272, 50.762883, 52.201824, 52.261922 ] }, { "date": "2024-05-31", "close": 48.748188, "volume": 41937932, "typical_volume": 31224243.65, "trend": 51.489012, "fair_value": 49.543196, "relative_strength": 2.839893, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.235907, "energy": 43.514372, "activity_lines": [ 49.750094, 50.255095, 51.787192, 52.103885 ] }, { "date": "2024-06-07", "close": 49.821655, "volume": 39334447, "typical_volume": 31916976.35, "trend": 51.695554, "fair_value": 49.624617, "relative_strength": 4.433311, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.076138, "energy": 31.550567, "activity_lines": [ 49.695367, 50.032908, 51.502336, 51.996313 ] }, { "date": "2024-06-14", "close": 49.884796, "volume": 56016595, "typical_volume": 32241226.45, "trend": 51.887581, "fair_value": 49.702385, "relative_strength": 4.972623, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.97819, "energy": 39.098927, "activity_lines": [ 49.699574, 49.913504, 51.244438, 51.87949 ] }, { "date": "2024-06-28", "close": 51.463436, "volume": 35153853, "typical_volume": 32301389.7, "trend": 52.055366, "fair_value": 49.786454, "relative_strength": 5.920762, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.642464, "energy": 27.774064, "activity_lines": [ 50.251044, 50.128198, 51.151893, 51.852126 ] }, { "date": "2024-07-05", "close": 50.263672, "volume": 14951705, "typical_volume": 30843664.7, "trend": 52.164463, "fair_value": 49.861878, "relative_strength": 3.911106, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.778794, "energy": 22.294232, "activity_lines": [ 50.347866, 50.159197, 50.962664, 51.736533 ] }, { "date": "2024-07-12", "close": 50.831982, "volume": 16515393, "typical_volume": 30419426.9, "trend": 52.271728, "fair_value": 49.935694, "relative_strength": 3.701102, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.527934, "energy": 18.664354, "activity_lines": [ 50.613077, 50.305005, 50.843432, 51.650567 ] }, { "date": "2024-07-19", "close": 53.042068, "volume": 37756890, "typical_volume": 30771906.15, "trend": 52.452664, "fair_value": 50.013176, "relative_strength": 4.445505, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.618267, "energy": 14.942457, "activity_lines": [ 51.476063, 50.818204, 50.953489, 51.700266 ] }, { "date": "2024-07-26", "close": 52.726341, "volume": 22071235, "typical_volume": 30757512.55, "trend": 52.481812, "fair_value": 50.087202, "relative_strength": 4.922488, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.570118, "energy": 14.722758, "activity_lines": [ 52.019114, 51.225778, 51.047099, 51.717922 ] }, { "date": "2024-08-02", "close": 53.673519, "volume": 29088353, "typical_volume": 31072607.6, "trend": 52.557074, "fair_value": 50.16539, "relative_strength": 6.261967, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.899355, "energy": 35.207678, "activity_lines": [ 52.688453, 51.759643, 51.248714, 51.794807 ] }, { "date": "2024-08-09", "close": 54.178684, "volume": 41378891, "typical_volume": 32197499.3, "trend": 52.555693, "fair_value": 50.250696, "relative_strength": 10.369443, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.545132, "energy": 48.98829, "activity_lines": [ 53.378842, 52.330247, 51.506979, 51.899427 ] }, { "date": "2024-08-16", "close": 53.700878, "volume": 25435260, "typical_volume": 31917896.0, "trend": 52.527997, "fair_value": 50.333422, "relative_strength": 6.829331, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.70545, "energy": 52.132147, "activity_lines": [ 53.648962, 52.737055, 51.716374, 51.97331 ] }, { "date": "2024-08-23", "close": 56.969074, "volume": 56506743, "typical_volume": 33470121.1, "trend": 52.619628, "fair_value": 50.430331, "relative_strength": 10.359916, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.898804, "energy": 66.366047, "activity_lines": [ 54.817221, 53.648032, 52.237125, 52.259831 ] }, { "date": "2024-08-30", "close": 56.456413, "volume": 34570967, "typical_volume": 33633997.8, "trend": 52.733642, "fair_value": 50.508969, "relative_strength": 9.474577, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.851658, "energy": 67.176432, "activity_lines": [ 55.552792, 54.335844, 52.698928, 52.507365 ] }, { "date": "2024-09-06", "close": 56.840904, "volume": 30155868, "typical_volume": 33940985.75, "trend": 52.78984, "fair_value": 50.580887, "relative_strength": 10.262997, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.334763, "energy": 69.04989, "activity_lines": [ 56.167856, 54.97408, 53.178384, 52.77235 ] }, { "date": "2024-09-13", "close": 56.328247, "volume": 32199647, "typical_volume": 33643172.0, "trend": 52.880884, "fair_value": 50.646619, "relative_strength": 11.217219, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.867519, "energy": 76.690645, "activity_lines": [ 56.400874, 55.421333, 53.59243, 53.000634 ] }, { "date": "2024-09-20", "close": 57.609894, "volume": 25637477, "typical_volume": 33061413.6, "trend": 52.975179, "fair_value": 50.727334, "relative_strength": 11.090602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.334057, "energy": 80.509509, "activity_lines": [ 56.917805, 55.991348, 54.102665, 53.305732 ] }, { "date": "2024-09-27", "close": 57.417645, "volume": 19395125, "typical_volume": 32394079.8, "trend": 53.025673, "fair_value": 50.804399, "relative_strength": 7.776575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.597377, "energy": 76.692317, "activity_lines": [ 57.110051, 56.403174, 54.553294, 53.592342 ] }, { "date": "2024-10-04", "close": 53.893124, "volume": 24181057, "typical_volume": 31909660.2, "trend": 52.939986, "fair_value": 50.850654, "relative_strength": 4.389769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.072222, "energy": 43.589149, "activity_lines": [ 56.097552, 56.094622, 54.63479, 53.648307 ] }, { "date": "2024-10-11", "close": 54.726192, "volume": 34326723, "typical_volume": 31937288.95, "trend": 52.915307, "fair_value": 50.903216, "relative_strength": 5.334288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.367511, "energy": 29.298406, "activity_lines": [ 55.533628, 55.916323, 54.778041, 53.763546 ] }, { "date": "2024-10-18", "close": 52.80373, "volume": 35162508, "typical_volume": 32588833.45, "trend": 52.893022, "fair_value": 50.949255, "relative_strength": 2.109809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.419185, "energy": 20.21142, "activity_lines": [ 54.469865, 55.369346, 54.718755, 53.756348 ] }, { "date": "2024-10-25", "close": 54.405785, "volume": 33593557, "typical_volume": 32171614.7, "trend": 52.91583, "fair_value": 51.001696, "relative_strength": 5.047772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.488774, "energy": 25.130996, "activity_lines": [ 54.175088, 55.13865, 54.798447, 53.853945 ] }, { "date": "2024-11-01", "close": 56.39233, "volume": 41457204, "typical_volume": 32277752.55, "trend": 52.967462, "fair_value": 51.04802, "relative_strength": 7.2417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.760127, "energy": 22.941282, "activity_lines": [ 54.756099, 55.256328, 55.040393, 54.078235 ] }, { "date": "2024-11-08", "close": 59.404194, "volume": 43617277, "typical_volume": 31657786.65, "trend": 53.198476, "fair_value": 51.103983, "relative_strength": 11.440948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.690651, "energy": 39.532104, "activity_lines": [ 56.40942, 55.932104, 55.537893, 54.493509 ] }, { "date": "2024-11-15", "close": 57.866222, "volume": 45744480, "typical_volume": 32187318.0, "trend": 53.348757, "fair_value": 51.131719, "relative_strength": 11.250374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.658597, "energy": 52.442247, "activity_lines": [ 57.182678, 56.274653, 55.84359, 54.794653 ] }, { "date": "2024-11-22", "close": 59.916847, "volume": 22639922, "typical_volume": 32571728.85, "trend": 53.649481, "fair_value": 51.180817, "relative_strength": 14.21976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.446405, "energy": 75.019534, "activity_lines": [ 58.430143, 56.9714, 56.314095, 55.218401 ] }, { "date": "2024-11-29", "close": 58.378883, "volume": 33862318, "typical_volume": 33439075.1, "trend": 53.96419, "fair_value": 51.211839, "relative_strength": 12.788363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.406285, "energy": 70.632437, "activity_lines": [ 58.690746, 57.323271, 56.59216, 55.523524 ] }, { "date": "2024-12-06", "close": 58.507042, "volume": 28537881, "typical_volume": 32978124.65, "trend": 54.234759, "fair_value": 51.226764, "relative_strength": 9.968838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.523879, "energy": 59.361139, "activity_lines": [ 58.729195, 57.684461, 56.846493, 55.816611 ] }, { "date": "2024-12-13", "close": 59.660522, "volume": 34094564, "typical_volume": 33579291.1, "trend": 54.550092, "fair_value": 51.25295, "relative_strength": 10.265547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.868471, "energy": 53.027957, "activity_lines": [ 59.011156, 58.235568, 57.184657, 56.16666 ] }, { "date": "2024-12-20", "close": 57.609894, "volume": 36907479, "typical_volume": 33970247.4, "trend": 54.782337, "fair_value": 51.280493, "relative_strength": 8.047874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.358715, "energy": 35.021581, "activity_lines": [ 58.592486, 58.308971, 57.294503, 56.364067 ] }, { "date": "2024-12-27", "close": 58.891537, "volume": 16424063, "typical_volume": 32722506.0, "trend": 55.080457, "fair_value": 51.335586, "relative_strength": 10.534092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.479703, "energy": 33.230278, "activity_lines": [ 58.61812, 58.56297, 57.507666, 56.629177 ] }, { "date": "2025-01-03", "close": 63.120956, "volume": 33800632, "typical_volume": 33140774.6, "trend": 55.559549, "fair_value": 51.414408, "relative_strength": 15.700808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.684419, "energy": 48.745321, "activity_lines": [ 60.121913, 59.475266, 58.101189, 57.147918 ] }, { "date": "2025-01-10", "close": 61.390739, "volume": 16479403, "typical_volume": 31139407.6, "trend": 55.945185, "fair_value": 51.464737, "relative_strength": 12.319794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.779187, "energy": 50.341061, "activity_lines": [ 60.732829, 59.91452, 58.485072, 57.524124 ] }, { "date": "2025-01-17", "close": 61.96748, "volume": 24935070, "typical_volume": 30657612.75, "trend": 56.347941, "fair_value": 51.520696, "relative_strength": 11.641496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.394583, "energy": 68.630288, "activity_lines": [ 61.343746, 60.367756, 58.902826, 57.912659 ] }, { "date": "2025-01-24", "close": 61.454823, "volume": 26294141, "typical_volume": 30464526.4, "trend": 56.680987, "fair_value": 51.571919, "relative_strength": 9.607335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.193296, "energy": 69.903611, "activity_lines": [ 61.62998, 60.681176, 59.245513, 58.242136 ] }, { "date": "2025-01-31", "close": 63.44138, "volume": 13134941, "typical_volume": 29511291.1, "trend": 57.120244, "fair_value": 51.634426, "relative_strength": 12.26927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.730507, "energy": 68.452667, "activity_lines": [ 62.322071, 61.290541, 59.755425, 58.67829 ] }, { "date": "2025-02-07", "close": 64.018112, "volume": 38435018, "typical_volume": 30151168.15, "trend": 57.559782, "fair_value": 51.679844, "relative_strength": 12.832521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.624082, "energy": 68.907408, "activity_lines": [ 62.903083, 61.940684, 60.286392, 59.123314 ] }, { "date": "2025-02-14", "close": 63.761787, "volume": 17805692, "typical_volume": 30071696.5, "trend": 57.917106, "fair_value": 51.72507, "relative_strength": 12.513462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.289866, "energy": 67.49374, "activity_lines": [ 63.338843, 62.441691, 60.762432, 59.523443 ] }, { "date": "2025-02-21", "close": 64.210358, "volume": 14424902, "typical_volume": 29583888.75, "trend": 58.299906, "fair_value": 51.779455, "relative_strength": 12.946765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.71888, "energy": 72.415678, "activity_lines": [ 63.766057, 62.928715, 61.250982, 59.929459 ] }, { "date": "2025-02-28", "close": 63.954025, "volume": 32963000, "typical_volume": 29515702.6, "trend": 58.64259, "fair_value": 51.831714, "relative_strength": 14.67604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.14917, "energy": 65.992537, "activity_lines": [ 63.958301, 63.28641, 61.66599, 60.294241 ] }, { "date": "2025-03-07", "close": 64.97934, "volume": 32839984, "typical_volume": 29399576.4, "trend": 59.002612, "fair_value": 51.886194, "relative_strength": 18.968766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.615819, "energy": 61.596581, "activity_lines": [ 64.325704, 63.715177, 62.134705, 60.703064 ] }, { "date": "2025-03-14", "close": 64.851181, "volume": 26545121, "typical_volume": 29047154.6, "trend": 59.374289, "fair_value": 51.918584, "relative_strength": 19.033213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.757734, "energy": 54.375884, "activity_lines": [ 64.547856, 64.009955, 62.533235, 61.080391 ] }, { "date": "2025-03-21", "close": 64.594849, "volume": 27380444, "typical_volume": 28343316.6, "trend": 59.628481, "fair_value": 51.958032, "relative_strength": 17.611247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.316789, "energy": 50.630617, "activity_lines": [ 64.629026, 64.226669, 62.857613, 61.417201 ] }, { "date": "2025-03-28", "close": 65.363838, "volume": 31285053, "typical_volume": 27726705.4, "trend": 59.925395, "fair_value": 51.998543, "relative_strength": 15.811909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.704693, "energy": 50.861833, "activity_lines": [ 64.910989, 64.524943, 63.216168, 61.787224 ] }, { "date": "2025-04-04", "close": 64.46669, "volume": 8313612, "typical_volume": 25855162.0, "trend": 60.179588, "fair_value": 52.039103, "relative_strength": 15.047864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.757337, "energy": 47.006172, "activity_lines": [ 64.817003, 64.598347, 63.460902, 62.080211 ] }, { "date": "2025-04-11", "close": 60.621754, "volume": 45320071, "typical_volume": 26989169.45, "trend": 60.322705, "fair_value": 52.043414, "relative_strength": 11.264671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.972173, "energy": 16.964094, "activity_lines": [ 63.407195, 63.91791, 63.30802, 62.108738 ] }, { "date": "2025-04-18", "close": 63.815353, "volume": 23192354, "typical_volume": 26455671.25, "trend": 60.529554, "fair_value": 52.074965, "relative_strength": 15.991259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.205494, "energy": 17.509382, "activity_lines": [ 63.352425, 63.869393, 63.455933, 62.33407 ] }, { "date": "2025-04-25", "close": 63.880398, "volume": 29930967, "typical_volume": 26525325.55, "trend": 60.744979, "fair_value": 52.096299, "relative_strength": 13.400569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.047492, "energy": 18.667456, "activity_lines": [ 63.388392, 63.83639, 63.584154, 62.550253 ] }, { "date": "2025-05-02", "close": 62.774532, "volume": 24123229, "typical_volume": 26026758.8, "trend": 61.041026, "fair_value": 52.101359, "relative_strength": 12.913079, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.036047, "energy": 18.979174, "activity_lines": [ 63.103367, 63.600163, 63.581466, 62.681192 ] }, { "date": "2025-05-09", "close": 62.774532, "volume": 22561648, "typical_volume": 25309467.25, "trend": 61.309304, "fair_value": 52.089501, "relative_strength": 14.039384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.560734, "energy": 8.745788, "activity_lines": [ 62.990963, 63.390043, 63.56395, 62.793031 ] }, { "date": "2025-05-16", "close": 63.620193, "volume": 19797888, "typical_volume": 25478158.5, "trend": 61.669853, "fair_value": 52.062762, "relative_strength": 13.70278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.763847, "energy": 9.594672, "activity_lines": [ 63.273256, 63.355124, 63.60238, 62.942121 ] }, { "date": "2025-05-23", "close": 61.148243, "volume": 19707130, "typical_volume": 24773483.4, "trend": 61.894601, "fair_value": 52.027911, "relative_strength": 11.60038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.528834, "energy": 8.337296, "activity_lines": [ 62.53167, 62.895471, 63.382868, 62.908469 ] }, { "date": "2025-05-30", "close": 59.261757, "volume": 34368573, "typical_volume": 25667941.9, "trend": 61.990249, "fair_value": 52.020314, "relative_strength": 9.580561, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.984926, "energy": 37.585846, "activity_lines": [ 61.339062, 62.160147, 62.993085, 62.738608 ] }, { "date": "2025-06-06", "close": 60.692886, "volume": 26493294, "typical_volume": 25745853.1, "trend": 62.033205, "fair_value": 52.047801, "relative_strength": 11.52601, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.260323, "energy": 38.600889, "activity_lines": [ 60.931407, 61.781994, 62.749738, 62.654907 ] }, { "date": "2025-06-13", "close": 60.237526, "volume": 12535043, "typical_volume": 25057898.2, "trend": 62.112249, "fair_value": 52.070822, "relative_strength": 11.817425, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.273974, "energy": 49.615871, "activity_lines": [ 60.510742, 61.405974, 62.469092, 62.539057 ] }, { "date": "2025-06-20", "close": 59.326809, "volume": 23754730, "typical_volume": 25588887.65, "trend": 62.092581, "fair_value": 52.082204, "relative_strength": 11.973441, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.881287, "energy": 52.331137, "activity_lines": [ 59.955638, 60.941264, 62.107509, 62.359351 ] }, { "date": "2025-06-27", "close": 61.6036, "volume": 23826106, "typical_volume": 24858442.05, "trend": 62.200071, "fair_value": 52.112822, "relative_strength": 10.960519, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.742985, "energy": 27.598677, "activity_lines": [ 60.44569, 60.91406, 61.982356, 62.327804 ] }, { "date": "2025-07-04", "close": 62.449272, "volume": 27432380, "typical_volume": 25339776.45, "trend": 62.331479, "fair_value": 52.179797, "relative_strength": 10.196386, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.376538, "energy": 12.35944, "activity_lines": [ 61.187275, 61.080828, 61.94924, 62.343881 ] }, { "date": "2025-07-11", "close": 62.319168, "volume": 17071149, "typical_volume": 25472088.8, "trend": 62.4201, "fair_value": 52.258313, "relative_strength": 9.143985, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.172921, "energy": 16.857465, "activity_lines": [ 61.672991, 61.249961, 61.909984, 62.343087 ] }, { "date": "2025-07-18", "close": 61.278347, "volume": 17225408, "typical_volume": 24685209.2, "trend": 62.542382, "fair_value": 52.33209, "relative_strength": 9.447799, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.060445, "energy": 19.970172, "activity_lines": [ 61.703349, 61.238133, 61.780608, 62.269426 ] }, { "date": "2025-07-25", "close": 61.993912, "volume": 18790032, "typical_volume": 23982711.6, "trend": 62.645795, "fair_value": 52.413935, "relative_strength": 10.808757, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.181923, "energy": 18.181518, "activity_lines": [ 61.90284, 61.383612, 61.732122, 62.23404 ] }, { "date": "2025-08-01", "close": 61.636127, "volume": 17219349, "typical_volume": 23516423.0, "trend": 62.5963, "fair_value": 52.498513, "relative_strength": 9.935258, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.910496, "energy": 14.109179, "activity_lines": [ 61.805262, 61.493607, 61.663778, 62.168901 ] }, { "date": "2025-08-08", "close": 61.961384, "volume": 12435819, "typical_volume": 22769191.75, "trend": 62.615322, "fair_value": 52.551533, "relative_strength": 9.991656, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.808392, "energy": 8.401833, "activity_lines": [ 61.813935, 61.65387, 61.64172, 62.127938 ] }, { "date": "2025-08-15", "close": 61.473503, "volume": 14582383, "typical_volume": 21934058.25, "trend": 62.598856, "fair_value": 52.599105, "relative_strength": 9.622241, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.67392, "energy": 9.539793, "activity_lines": [ 61.692507, 61.676343, 61.585738, 62.054272 ] }, { "date": "2025-08-22", "close": 62.481796, "volume": 13262978, "typical_volume": 22181526.55, "trend": 62.633088, "fair_value": 52.661262, "relative_strength": 10.636341, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.982054, "energy": 6.842643, "activity_lines": [ 61.963554, 61.867948, 61.644309, 62.04672 ] }, { "date": "2025-08-29", "close": 61.278347, "volume": 19460109, "typical_volume": 20888528.45, "trend": 62.560987, "fair_value": 52.714157, "relative_strength": 9.435674, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.208576, "energy": 12.9343, "activity_lines": [ 61.753222, 61.79994, 61.597718, 61.959318 ] }, { "date": "2025-09-05", "close": 61.701183, "volume": 17222962, "typical_volume": 20590058.85, "trend": 62.483756, "fair_value": 52.758161, "relative_strength": 10.538762, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.744756, "energy": 12.556927, "activity_lines": [ 61.731539, 61.773329, 61.58827, 61.903846 ] }, { "date": "2025-09-12", "close": 60.725414, "volume": 15892598, "typical_volume": 19888140.4, "trend": 62.382544, "fair_value": 52.791657, "relative_strength": 10.471698, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.192074, "energy": 19.833803, "activity_lines": [ 61.380263, 61.567531, 61.49596, 61.790405 ] }, { "date": "2025-09-19", "close": 61.668655, "volume": 31405331, "typical_volume": 20252245.5, "trend": 62.29782, "fair_value": 52.843187, "relative_strength": 8.401032, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.492032, "energy": 18.521424, "activity_lines": [ 61.425798, 61.564574, 61.508505, 61.744348 ] }, { "date": "2025-09-26", "close": 67.413513, "volume": 33979876, "typical_volume": 20823156.9, "trend": 62.413137, "fair_value": 52.943918, "relative_strength": 12.430984, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.415034, "energy": 44.086751, "activity_lines": [ 63.373276, 62.617964, 62.073446, 62.074392 ] }, { "date": "2025-10-03", "close": 69.052948, "volume": 55294923, "typical_volume": 22598008.65, "trend": 62.548924, "fair_value": 53.04781, "relative_strength": 12.672831, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.76244, "energy": 69.409249, "activity_lines": [ 65.538451, 63.857885, 62.772433, 62.502767 ] }, { "date": "2025-10-10", "close": 70.495644, "volume": 21715973, "typical_volume": 22698450.8, "trend": 62.737072, "fair_value": 53.172939, "relative_strength": 13.53323, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.39677, "energy": 90.528791, "activity_lines": [ 67.666218, 65.231768, 63.58295, 63.015459 ] }, { "date": "2025-10-17", "close": 70.954689, "volume": 25427389, "typical_volume": 22251391.6, "trend": 62.949067, "fair_value": 53.313384, "relative_strength": 12.507292, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.664834, "energy": 92.228066, "activity_lines": [ 69.360703, 66.528031, 64.392674, 63.545628 ] }, { "date": "2025-10-24", "close": 70.823532, "volume": 25039295, "typical_volume": 22178691.65, "trend": 63.131057, "fair_value": 53.441775, "relative_strength": 12.50965, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.865065, "energy": 89.7507, "activity_lines": [ 70.329517, 67.636934, 65.134226, 64.053658 ] }, { "date": "2025-10-31", "close": 69.315254, "volume": 33811686, "typical_volume": 23242523.8, "trend": 63.292676, "fair_value": 53.571711, "relative_strength": 9.209716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.379607, "energy": 85.637401, "activity_lines": [ 70.185247, 68.301603, 65.683891, 64.452638 ] }, { "date": "2025-11-07", "close": 67.282364, "volume": 32862388, "typical_volume": 23697906.7, "trend": 63.514696, "fair_value": 53.663867, "relative_strength": 8.916148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.611959, "energy": 56.346825, "activity_lines": [ 69.236564, 68.472412, 65.99672, 64.710037 ] }, { "date": "2025-11-14", "close": 66.233124, "volume": 14349931, "typical_volume": 23224097.95, "trend": 63.595288, "fair_value": 53.752004, "relative_strength": 8.026788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.85542, "energy": 38.223775, "activity_lines": [ 68.056173, 68.343285, 66.171739, 64.88542 ] }, { "date": "2025-11-21", "close": 65.216675, "volume": 16690447, "typical_volume": 22687001.3, "trend": 63.639831, "fair_value": 53.844067, "relative_strength": 7.656927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.931174, "energy": 26.625414, "activity_lines": [ 66.821134, 67.946951, 66.227907, 64.990025 ] }, { "date": "2025-11-28", "close": 62.855888, "volume": 22545845, "typical_volume": 22960736.1, "trend": 63.642543, "fair_value": 53.921769, "relative_strength": 7.033764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.128099, "energy": 22.996149, "activity_lines": [ 65.1817, 67.039723, 66.04606, 64.939448 ] }, { "date": "2025-12-05", "close": 62.954254, "volume": 19099407, "typical_volume": 23054436.05, "trend": 63.648534, "fair_value": 53.998555, "relative_strength": 6.966984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.746136, "energy": 24.962257, "activity_lines": [ 64.106231, 66.128794, 65.871026, 64.895043 ] }, { "date": "2025-12-12", "close": 64.888786, "volume": 16763245, "typical_volume": 22953096.7, "trend": 63.69082, "fair_value": 54.094316, "relative_strength": 8.904567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.2515, "energy": 22.916178, "activity_lines": [ 64.099672, 65.650676, 65.872252, 64.975059 ] }, { "date": "2025-12-19", "close": 62.855888, "volume": 27384333, "typical_volume": 23461345.9, "trend": 63.747741, "fair_value": 54.186714, "relative_strength": 7.738813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.21831, "energy": 31.024442, "activity_lines": [ 63.575053, 64.878652, 65.666084, 64.921192 ] }, { "date": "2025-12-26", "close": 63.642815, "volume": 11972944, "typical_volume": 23438202.15, "trend": 63.893777, "fair_value": 54.304651, "relative_strength": 7.900313, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.965049, "energy": 31.081371, "activity_lines": [ 63.537892, 64.38861, 65.529053, 64.914423 ] }, { "date": "2026-01-02", "close": 64.069069, "volume": 12490622, "typical_volume": 23333614.1, "trend": 64.006316, "fair_value": 54.431508, "relative_strength": 8.068072, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.481103, "energy": 24.753332, "activity_lines": [ 63.74774, 64.109012, 65.42461, 64.925732 ] }, { "date": "2026-01-09", "close": 65.44619, "volume": 20526551, "typical_volume": 23696792.75, "trend": 64.179938, "fair_value": 54.567966, "relative_strength": 10.745377, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.074844, "energy": 15.901424, "activity_lines": [ 64.335749, 64.202608, 65.438963, 65.018627 ] }, { "date": "2026-01-16", "close": 66.823318, "volume": 28788345, "typical_volume": 24163204.55, "trend": 64.429822, "fair_value": 54.705517, "relative_strength": 9.052173, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.1247, "energy": 23.193959, "activity_lines": [ 65.216672, 64.616937, 65.570354, 65.189168 ] }, { "date": "2026-01-23", "close": 69.446411, "volume": 20496066, "typical_volume": 24326859.75, "trend": 64.691249, "fair_value": 54.85795, "relative_strength": 9.653535, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.453792, "energy": 42.431992, "activity_lines": [ 66.84299, 65.516539, 65.925158, 65.512819 ] }, { "date": "2026-01-30", "close": 70.29892, "volume": 27688581, "typical_volume": 24916658.9, "trend": 64.952904, "fair_value": 55.00734, "relative_strength": 8.186174, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.88756, "energy": 69.81737, "activity_lines": [ 68.31411, 66.512719, 66.324273, 65.874604 ] }, { "date": "2026-02-06", "close": 70.167763, "volume": 22614879, "typical_volume": 24477136.3, "trend": 65.214524, "fair_value": 55.156663, "relative_strength": 9.436587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.10016, "energy": 79.840048, "activity_lines": [ 69.29777, 67.392648, 66.665307, 66.211046 ] }, { "date": "2026-02-13", "close": 69.64315, "volume": 20834047, "typical_volume": 23819844.85, "trend": 65.493351, "fair_value": 55.290248, "relative_strength": 7.633368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.23028, "energy": 77.149605, "activity_lines": [ 69.69998, 68.04425, 66.915907, 66.496764 ] }, { "date": "2026-02-20", "close": 66.888893, "volume": 17866915, "typical_volume": 21948444.45, "trend": 65.656517, "fair_value": 55.407724, "relative_strength": 5.924339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.124384, "energy": 61.182259, "activity_lines": [ 68.904307, 68.073461, 66.89358, 66.586799 ] }, { "date": "2026-02-27", "close": 66.233124, "volume": 20088404, "typical_volume": 21867066.0, "trend": 65.80975, "fair_value": 55.533372, "relative_strength": 6.896586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.459115, "energy": 25.887675, "activity_lines": [ 67.885673, 67.947076, 66.819103, 66.624 ] }, { "date": "2026-03-06", "close": 66.233124, "volume": 54926725, "typical_volume": 23342032.8, "trend": 65.952141, "fair_value": 55.663273, "relative_strength": 6.002071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.958454, "energy": 17.255258, "activity_lines": [ 67.081257, 67.759287, 66.764923, 66.651314 ] }, { "date": "2026-03-13", "close": 66.364273, "volume": 28947357, "typical_volume": 23537435.9, "trend": 66.115167, "fair_value": 55.809096, "relative_strength": 4.876327, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.663135, "energy": 20.855452, "activity_lines": [ 66.591611, 67.548246, 66.745718, 66.677903 ] }, { "date": "2026-03-20", "close": 66.364273, "volume": 8647180, "typical_volume": 22279210.6, "trend": 66.244583, "fair_value": 55.949506, "relative_strength": 4.17201, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.846278, "energy": 20.534643, "activity_lines": [ 66.355531, 67.295475, 66.747748, 66.693975 ] }, { "date": "2026-03-27", "close": 68.397171, "volume": 25267176, "typical_volume": 21899450.0, "trend": 66.481877, "fair_value": 56.1014, "relative_strength": 5.712771, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.699918, "energy": 17.534906, "activity_lines": [ 67.015676, 67.395629, 66.957439, 66.832851 ] }, { "date": "2026-04-03", "close": 69.7743, "volume": 20323161, "typical_volume": 22198111.5, "trend": 66.750981, "fair_value": 56.275657, "relative_strength": 5.869655, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.526147, "energy": 29.10623, "activity_lines": [ 68.034312, 67.717554, 67.292976, 67.045266 ] }, { "date": "2026-04-10", "close": 70.757957, "volume": 23530058, "typical_volume": 22540092.05, "trend": 67.085399, "fair_value": 56.440127, "relative_strength": 6.316035, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.181234, "energy": 56.267232, "activity_lines": [ 69.144754, 68.212364, 67.705333, 67.30378 ] }, { "date": "2026-04-17", "close": 71.610466, "volume": 26727784, "typical_volume": 22749189.0, "trend": 67.416793, "fair_value": 56.610063, "relative_strength": 5.399261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.345665, "energy": 72.401718, "activity_lines": [ 70.237712, 68.85383, 68.172494, 67.59572 ] }, { "date": "2026-04-24", "close": 68.699997, "volume": 37794694, "typical_volume": 23683953.35, "trend": 67.459675, "fair_value": 56.751901, "relative_strength": 4.903201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.25514, "energy": 63.216857, "activity_lines": [ 70.010766, 68.939889, 68.320778, 67.678508 ] }, { "date": "2026-05-01", "close": 68.550003, "volume": 21849435, "typical_volume": 23938262.85, "trend": 67.44291, "fair_value": 56.893958, "relative_strength": 3.710512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.406835, "energy": 51.525958, "activity_lines": [ 69.578108, 69.015825, 68.427417, 67.748851 ] }, { "date": "2026-05-08", "close": 66.599998, "volume": 24593614, "typical_volume": 23798726.9, "trend": 67.313056, "fair_value": 57.019975, "relative_strength": 2.017833, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.803309, "energy": 14.831998, "activity_lines": [ 68.485259, 68.707012, 68.330907, 67.69447 ] }, { "date": "2026-05-15", "close": 66.300003, "volume": 35712956, "typical_volume": 24985727.5, "trend": 67.157899, "fair_value": 57.142889, "relative_strength": 1.727597, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.882896, "energy": 16.054304, "activity_lines": [ 67.504032, 68.336984, 68.187997, 67.629112 ] }, { "date": "2026-05-22", "close": 66.599998, "volume": 30655183, "typical_volume": 25893955.55, "trend": 67.017115, "fair_value": 57.277166, "relative_strength": 1.700956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.200427, "energy": 21.198197, "activity_lines": [ 66.92, 68.020285, 68.061004, 67.593118 ] }, { "date": "2026-05-29", "close": 66.599998, "volume": 0, "typical_volume": 24867628.0, "trend": 66.926606, "fair_value": 57.406723, "relative_strength": 1.48822, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.943735, "energy": 24.61439, "activity_lines": [ 66.669999, 67.6993, 67.92196, 67.566207 ] }, { "date": "2026-06-05", "close": 66.650002, "volume": 30091910, "typical_volume": 24932806.25, "trend": 66.905528, "fair_value": 57.539354, "relative_strength": 1.726663, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.882453, "energy": 30.05105, "activity_lines": [ 66.576667, 67.38312, 67.782183, 67.548362 ] }, { "date": "2026-06-12", "close": 66.900002, "volume": 44830880, "typical_volume": 26149546.95, "trend": 66.927757, "fair_value": 57.681847, "relative_strength": 1.466983, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.403982, "energy": 24.802131, "activity_lines": [ 66.693334, 67.144162, 67.667041, 67.548005 ] }, { "date": "2026-06-19", "close": 66.75, "volume": 35212436, "typical_volume": 26525739.7, "trend": 66.978868, "fair_value": 57.825346, "relative_strength": 0.386469, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.145748, "energy": 14.828476, "activity_lines": [ 66.740001, 66.930191, 67.549739, 67.536537 ] }, { "date": "2026-06-26", "close": 66.349998, "volume": 23127972, "typical_volume": 26551394.35, "trend": 67.095338, "fair_value": 57.966281, "relative_strength": 1.335907, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.153882, "energy": 19.3484, "activity_lines": [ 66.623333, 66.716364, 67.411241, 67.495965 ] }, { "date": "2026-07-03", "close": 66.0, "volume": 19055564, "typical_volume": 26462470.2, "trend": 67.196863, "fair_value": 58.097105, "relative_strength": 1.613679, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.434922, "energy": 22.155248, "activity_lines": [ 66.406667, 66.534545, 67.25759, 67.425298 ] }, { "date": "2026-07-10", "close": 65.199997, "volume": 17421040, "typical_volume": 26440176.45, "trend": 67.207237, "fair_value": 58.227914, "relative_strength": 0.391421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.610616, "energy": 41.912295, "activity_lines": [ 65.963332, 66.256363, 67.045097, 67.296468 ] }, { "date": "2026-07-17", "close": 64.449997, "volume": 19332869, "typical_volume": 26402399.7, "trend": 67.260374, "fair_value": 58.355883, "relative_strength": -0.089607, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.58012, "energy": 64.788435, "activity_lines": [ 65.366665, 65.902726, 66.769217, 67.118581 ] }, { "date": "2026-07-24", "close": 63.950001, "volume": 24461657, "typical_volume": 24879146.3, "trend": 67.270613, "fair_value": 58.483399, "relative_strength": -1.615914, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.801997, "energy": 76.492387, "activity_lines": [ 64.766665, 65.497272, 66.45421, 66.905009 ] }, { "date": "2026-07-31", "close": 62.549999, "volume": 28522942, "typical_volume": 24857925.55, "trend": 67.219978, "fair_value": 58.605875, "relative_strength": -1.92396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.802717, "energy": 83.94881, "activity_lines": [ 63.886666, 64.879999, 66.016741, 66.600453 ] }, { "date": "2026-08-07", "close": 64.550003, "volume": 33840373, "typical_volume": 26117585.2, "trend": 67.190105, "fair_value": 58.723078, "relative_strength": -1.230583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.554052, "energy": 74.248185, "activity_lines": [ 63.926667, 64.7, 65.787912, 66.428197 ] } ], "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." } } }