{ "ticker": { "uuid": "97e7aba9-f761-43dc-80a7-d00eae2fddbc", "symbol": "POOL", "name": "Pool Corporation", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 79.37, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -28.719, "architecture_energy": 23.887, "architecture_maturity": 15.509, "architecture_confidence": 70.178, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 47.46, "rotation_up": 17.05, "upward_expansion": 12.67, "deceleration": 54.27, "rotation_down": 48.91, "downward_expansion": 64.67 }, "activity_lines": [ 195.898667, 199.850182, 198.535098, 202.165224 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 206.31, "trend_reference": 212.003847, "distance_from_trend": -0.026857, "trend_direction": "Weakening", "fair_value": 303.489437, "distance_from_fair_value": -0.320207, "fair_value_direction": "Improving", "relative_strength": -24.924126, "relative_strength_direction": "Improving", "price_momentum": -0.214332, "excess_performance": -0.401786, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.026857, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.055361, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.320207, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.089246, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.249241, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.166205, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.214332, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.950982, "read": "Demand-led" } ], "volume": { "latest": 3076524, "relative_activity": 0.693367, "balance": 1.950982, "dry_up": 1.022817, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.082655, "annualized_volatility": 0.459912, "from_high_reference": -0.374813, "from_low_reference": 0.194753 }, "levels": { "trend_reference": 212.003847, "fair_value_reference": 303.489437, "structural_low": 172.68, "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": 13, "median_return": 0.000218, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.002803, "regime_survival": 0.307692, "best_return": 0.279915, "worst_return": -0.137431, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.052566, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.013002, "regime_survival": 0.142857, "best_return": 0.156281, "worst_return": -0.093303, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.020789, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.233208, "regime_survival": 0.5, "best_return": 0.091547, "worst_return": -0.355351, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.066576, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.316989, "regime_survival": 0.333333, "best_return": 0.082967, "worst_return": -0.315189, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-09-27", "tenure": "Developing", "return": 0.059496, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": 0.005743, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": -0.035331, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": -0.022689, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.016268, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": 0.007901, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": -0.118079, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-07-18", "tenure": "Established", "return": -0.047214, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-09-05", "tenure": "Developing", "return": 0.029138, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.061722, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.051226, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": -0.056354, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-07-10", "tenure": "Extended", "return": -0.119762, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.025551, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 333.825787, "volume": 1891352, "typical_volume": 2100327.8, "trend": 337.353452, "fair_value": 368.004986, "relative_strength": -11.373024, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.121624, "energy": 26.77878, "activity_lines": [ 351.813711, 351.946028, 342.599387, 338.223887 ] }, { "date": "2023-08-25", "close": 338.114545, "volume": 1018750, "typical_volume": 2072374.45, "trend": 336.651827, "fair_value": 368.20114, "relative_strength": -11.425287, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.092191, "energy": 17.06891, "activity_lines": [ 346.246504, 349.740329, 342.869819, 338.27299 ] }, { "date": "2023-09-01", "close": 351.678098, "volume": 1327244, "typical_volume": 2020048.75, "trend": 335.639292, "fair_value": 368.698106, "relative_strength": -10.916867, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.645791, "energy": 18.710195, "activity_lines": [ 346.137474, 350.05193, 344.296932, 339.242427 ] }, { "date": "2023-09-08", "close": 328.830197, "volume": 1402377, "typical_volume": 1915167.05, "trend": 334.948485, "fair_value": 369.016917, "relative_strength": -15.243058, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.516675, "energy": 15.951006, "activity_lines": [ 339.403401, 345.916806, 343.36642, 338.80313 ] }, { "date": "2023-09-15", "close": 334.408447, "volume": 1306628, "typical_volume": 1877250.0, "trend": 334.211997, "fair_value": 369.365887, "relative_strength": -13.092992, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.756559, "energy": 16.110244, "activity_lines": [ 336.830146, 343.30494, 342.953061, 338.768289 ] }, { "date": "2023-09-22", "close": 328.295296, "volume": 1740832, "typical_volume": 1883717.25, "trend": 333.911382, "fair_value": 369.593222, "relative_strength": -11.472255, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.071079, "energy": 17.58726, "activity_lines": [ 333.804773, 339.834731, 341.953353, 338.386566 ] }, { "date": "2023-09-29", "close": 340.139526, "volume": 1902433, "typical_volume": 1911323.4, "trend": 333.840219, "fair_value": 369.850671, "relative_strength": -8.060485, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.949927, "energy": 13.930162, "activity_lines": [ 335.096176, 338.852691, 342.118569, 338.788382 ] }, { "date": "2023-10-06", "close": 321.055033, "volume": 1767361, "typical_volume": 1924360.45, "trend": 333.547556, "fair_value": 369.844239, "relative_strength": -14.342283, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.686923, "energy": 27.091362, "activity_lines": [ 329.891083, 334.61947, 340.377501, 337.963531 ] }, { "date": "2023-10-13", "close": 328.820645, "volume": 1784756, "typical_volume": 1936877.95, "trend": 333.690623, "fair_value": 369.810798, "relative_strength": -12.050218, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.276298, "energy": 25.811347, "activity_lines": [ 329.316065, 332.625213, 339.412151, 337.658569 ] }, { "date": "2023-10-20", "close": 307.730275, "volume": 3077043, "typical_volume": 1969771.35, "trend": 333.656004, "fair_value": 369.62864, "relative_strength": -15.02928, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.352221, "energy": 39.601433, "activity_lines": [ 321.71156, 327.424172, 336.360069, 335.983708 ] }, { "date": "2023-10-27", "close": 295.628147, "volume": 2310993, "typical_volume": 1980753.6, "trend": 332.67335, "fair_value": 369.439676, "relative_strength": -15.825033, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.611676, "energy": 61.175294, "activity_lines": [ 311.851557, 320.940238, 332.170223, 333.530298 ] }, { "date": "2023-11-03", "close": 321.57083, "volume": 1939736, "typical_volume": 1954694.35, "trend": 333.067488, "fair_value": 369.220065, "relative_strength": -13.729362, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.062897, "energy": 56.787829, "activity_lines": [ 312.816926, 319.867658, 330.52383, 332.814007 ] }, { "date": "2023-11-10", "close": 316.764197, "volume": 1452907, "typical_volume": 1955489.2, "trend": 333.175136, "fair_value": 369.21793, "relative_strength": -16.903777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.893759, "energy": 54.883323, "activity_lines": [ 313.417996, 318.221939, 328.511851, 331.762181 ] }, { "date": "2023-11-17", "close": 335.624, "volume": 1709450, "typical_volume": 1929075.25, "trend": 333.50036, "fair_value": 369.341227, "relative_strength": -13.356873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.903825, "energy": 26.868083, "activity_lines": [ 320.591723, 320.640074, 328.385678, 331.920173 ] }, { "date": "2023-11-24", "close": 339.965205, "volume": 836603, "typical_volume": 1907300.2, "trend": 333.71459, "fair_value": 369.472958, "relative_strength": -12.65052, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.915255, "energy": 15.433893, "activity_lines": [ 328.758962, 323.723995, 328.773919, 332.337259 ] }, { "date": "2023-12-01", "close": 342.734759, "volume": 1824934, "typical_volume": 1866317.8, "trend": 333.937592, "fair_value": 369.734927, "relative_strength": -11.700201, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.070804, "energy": 15.106645, "activity_lines": [ 335.700389, 327.210439, 329.465764, 332.919206 ] }, { "date": "2023-12-08", "close": 339.361461, "volume": 1587277, "typical_volume": 1736687.15, "trend": 334.532654, "fair_value": 369.894594, "relative_strength": -12.638938, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.754475, "energy": 18.369568, "activity_lines": [ 338.376944, 329.821021, 329.855237, 333.269133 ] }, { "date": "2023-12-15", "close": 376.046079, "volume": 2875928, "typical_volume": 1754532.5, "trend": 336.112728, "fair_value": 370.130805, "relative_strength": -6.048481, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.790543, "energy": 47.419409, "activity_lines": [ 352.095662, 339.11568, 333.799472, 335.947418 ] }, { "date": "2023-12-22", "close": 379.601458, "volume": 1412661, "typical_volume": 1734111.1, "trend": 338.352309, "fair_value": 370.387659, "relative_strength": -5.760662, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.436472, "energy": 63.624916, "activity_lines": [ 363.047381, 348.056934, 338.037058, 338.753143 ] }, { "date": "2023-12-29", "close": 382.093099, "volume": 726355, "typical_volume": 1694781.0, "trend": 340.727328, "fair_value": 370.614119, "relative_strength": -5.179984, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.355828, "energy": 78.557131, "activity_lines": [ 371.897816, 356.527926, 342.434561, 341.575129 ] }, { "date": "2024-01-05", "close": 361.987475, "volume": 1179513, "typical_volume": 1659189.05, "trend": 342.430256, "fair_value": 370.601359, "relative_strength": -6.903668, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.465909, "energy": 73.334961, "activity_lines": [ 371.237851, 359.991299, 344.803429, 342.946752 ] }, { "date": "2024-01-12", "close": 365.907018, "volume": 1050720, "typical_volume": 1660787.55, "trend": 343.262806, "fair_value": 370.802234, "relative_strength": -8.315622, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.654417, "energy": 64.287676, "activity_lines": [ 370.600885, 362.960783, 347.411485, 344.461381 ] }, { "date": "2024-01-19", "close": 370.717801, "volume": 1019033, "typical_volume": 1645377.0, "trend": 344.433825, "fair_value": 370.97481, "relative_strength": -9.118242, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.364234, "energy": 51.333089, "activity_lines": [ 369.797811, 365.998843, 350.345365, 346.232671 ] }, { "date": "2024-01-26", "close": 361.661645, "volume": 1337991, "typical_volume": 1642157.7, "trend": 344.594982, "fair_value": 371.179622, "relative_strength": -11.241175, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.321157, "energy": 31.187375, "activity_lines": [ 366.331235, 366.409353, 352.326088, 347.344144 ] }, { "date": "2024-02-02", "close": 358.269181, "volume": 1493634, "typical_volume": 1651508.0, "trend": 344.926253, "fair_value": 371.332014, "relative_strength": -12.401294, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.461593, "energy": 26.532496, "activity_lines": [ 362.929827, 365.729641, 353.82738, 348.22635 ] }, { "date": "2024-02-09", "close": 370.535719, "volume": 1301932, "typical_volume": 1629563.0, "trend": 345.720699, "fair_value": 371.691217, "relative_strength": -10.478951, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.119049, "energy": 27.437466, "activity_lines": [ 365.205525, 366.947408, 356.38329, 349.878574 ] }, { "date": "2024-02-16", "close": 371.15863, "volume": 1348260, "typical_volume": 1601854.35, "trend": 346.353672, "fair_value": 372.12459, "relative_strength": -8.365029, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.480431, "energy": 28.087676, "activity_lines": [ 367.118977, 367.77296, 358.797381, 351.51973 ] }, { "date": "2024-02-23", "close": 371.45571, "volume": 2285508, "typical_volume": 1627761.7, "trend": 346.517464, "fair_value": 372.508011, "relative_strength": -9.012793, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.393671, "energy": 31.907925, "activity_lines": [ 368.781349, 368.074397, 361.092055, 353.139217 ] }, { "date": "2024-03-01", "close": 386.597219, "volume": 1561016, "typical_volume": 1616574.7, "trend": 347.29233, "fair_value": 373.015645, "relative_strength": -6.637824, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.434691, "energy": 43.77896, "activity_lines": [ 375.441696, 371.212296, 364.588774, 355.725007 ] }, { "date": "2024-03-08", "close": 397.761685, "volume": 1589593, "typical_volume": 1542202.2, "trend": 348.611306, "fair_value": 373.51847, "relative_strength": -2.002981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.494815, "energy": 61.967545, "activity_lines": [ 384.161161, 376.252902, 368.87365, 358.981095 ] }, { "date": "2024-03-15", "close": 383.705952, "volume": 1766282, "typical_volume": 1514966.65, "trend": 350.273978, "fair_value": 373.940998, "relative_strength": -3.983688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.664113, "energy": 59.974731, "activity_lines": [ 385.562547, 378.453037, 371.391162, 361.245265 ] }, { "date": "2024-03-22", "close": 400.108899, "volume": 1455069, "typical_volume": 1490733.3, "trend": 352.340456, "fair_value": 374.462336, "relative_strength": -2.591085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.092863, "energy": 69.488089, "activity_lines": [ 391.553567, 383.240645, 375.051443, 364.460422 ] }, { "date": "2024-03-29", "close": 387.732217, "volume": 1640051, "typical_volume": 1500090.5, "trend": 353.54226, "fair_value": 374.846296, "relative_strength": -4.808923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.021352, "energy": 54.181755, "activity_lines": [ 391.489008, 385.156095, 377.159001, 366.743761 ] }, { "date": "2024-04-05", "close": 380.765529, "volume": 1669398, "typical_volume": 1498087.9, "trend": 355.273438, "fair_value": 375.078481, "relative_strength": -5.538436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.322345, "energy": 37.455251, "activity_lines": [ 388.01712, 385.495521, 378.265121, 368.500101 ] }, { "date": "2024-04-12", "close": 365.342724, "volume": 1810378, "typical_volume": 1546776.65, "trend": 356.30458, "fair_value": 375.135768, "relative_strength": -8.607796, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.16503, "energy": 20.729554, "activity_lines": [ 379.793076, 382.683457, 377.687444, 369.149732 ] }, { "date": "2024-04-19", "close": 347.017932, "volume": 1521880, "typical_volume": 1531623.95, "trend": 356.928668, "fair_value": 374.852509, "relative_strength": -7.859926, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 3.384491, "energy": 12.789103, "activity_lines": [ 367.622032, 376.411003, 375.243703, 368.550594 ] }, { "date": "2024-04-26", "close": 356.665594, "volume": 2856595, "typical_volume": 1595089.85, "trend": 357.479537, "fair_value": 374.613221, "relative_strength": -8.477281, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 0.818046, "energy": 18.503215, "activity_lines": [ 361.112743, 372.320266, 373.698391, 368.533621 ] }, { "date": "2024-05-03", "close": 350.400379, "volume": 2029273, "typical_volume": 1552757.1, "trend": 358.457715, "fair_value": 374.205316, "relative_strength": -10.54757, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.80332, "energy": 31.321722, "activity_lines": [ 355.41127, 367.353908, 371.473991, 368.076901 ] }, { "date": "2024-05-10", "close": 359.586798, "volume": 1387934, "typical_volume": 1551520.75, "trend": 359.483254, "fair_value": 373.888217, "relative_strength": -9.214913, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.859931, "energy": 32.647677, "activity_lines": [ 355.260725, 364.440633, 370.24661, 368.149745 ] }, { "date": "2024-05-17", "close": 353.666887, "volume": 1331678, "typical_volume": 1581786.9, "trend": 361.014474, "fair_value": 373.584791, "relative_strength": -12.249541, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.098312, "energy": 35.566848, "activity_lines": [ 354.548792, 360.942109, 368.550737, 367.774496 ] }, { "date": "2024-05-24", "close": 349.387026, "volume": 1361505, "typical_volume": 1590886.5, "trend": 362.806437, "fair_value": 373.210214, "relative_strength": -14.224803, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.489339, "energy": 35.423074, "activity_lines": [ 353.188628, 357.467151, 366.58262, 367.024338 ] }, { "date": "2024-05-31", "close": 350.437713, "volume": 1668043, "typical_volume": 1621752.65, "trend": 363.768666, "fair_value": 372.833449, "relative_strength": -12.38635, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.303435, "energy": 27.07345, "activity_lines": [ 352.020754, 354.807208, 364.774571, 366.226356 ] }, { "date": "2024-06-07", "close": 328.566081, "volume": 1328474, "typical_volume": 1637224.7, "trend": 364.162062, "fair_value": 372.354928, "relative_strength": -19.726915, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.009663, "energy": 61.628131, "activity_lines": [ 343.977527, 349.073718, 360.957173, 363.955221 ] }, { "date": "2024-06-14", "close": 328.999851, "volume": 1549201, "typical_volume": 1647785.2, "trend": 363.941258, "fair_value": 371.816907, "relative_strength": -21.925212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.620056, "energy": 69.95809, "activity_lines": [ 337.53451, 344.494842, 357.381809, 361.686691 ] }, { "date": "2024-06-21", "close": 325.732119, "volume": 1855419, "typical_volume": 1665874.45, "trend": 363.466821, "fair_value": 371.175599, "relative_strength": -22.432253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.477837, "energy": 75.965106, "activity_lines": [ 332.04138, 340.263028, 353.650764, 359.221586 ] }, { "date": "2024-06-28", "close": 296.24542, "volume": 4384688, "typical_volume": 1820012.25, "trend": 361.917177, "fair_value": 370.279042, "relative_strength": -28.856577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.665294, "energy": 87.840073, "activity_lines": [ 318.581667, 331.390188, 347.266401, 354.884721 ] }, { "date": "2024-07-05", "close": 288.967728, "volume": 1464669, "typical_volume": 1825832.7, "trend": 360.237386, "fair_value": 369.279482, "relative_strength": -32.427966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.463916, "energy": 92.012689, "activity_lines": [ 306.238831, 322.117268, 340.542688, 350.178305 ] }, { "date": "2024-07-12", "close": 316.55548, "volume": 3051319, "typical_volume": 1864123.25, "trend": 358.254366, "fair_value": 368.560666, "relative_strength": -25.307804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.349696, "energy": 80.109757, "activity_lines": [ 307.189911, 319.091174, 336.837765, 347.360118 ] }, { "date": "2024-07-19", "close": 316.671152, "volume": 2127503, "typical_volume": 1892447.6, "trend": 356.156689, "fair_value": 367.821751, "relative_strength": -21.713975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.437364, "energy": 70.156101, "activity_lines": [ 308.980255, 316.701472, 333.405287, 344.67733 ] }, { "date": "2024-07-26", "close": 358.409436, "volume": 2975939, "typical_volume": 1961764.9, "trend": 355.367233, "fair_value": 367.257869, "relative_strength": -8.658816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.899446, "energy": 27.265066, "activity_lines": [ 325.505274, 322.680834, 334.280866, 344.822668 ] }, { "date": "2024-08-02", "close": 340.644157, "volume": 2371494, "typical_volume": 1992025.5, "trend": 354.655789, "fair_value": 366.560524, "relative_strength": -9.977232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.123483, "energy": 23.780907, "activity_lines": [ 333.930045, 325.343917, 333.651905, 343.872792 ] }, { "date": "2024-08-09", "close": 336.614919, "volume": 1982556, "typical_volume": 2018399.85, "trend": 353.679386, "fair_value": 365.807868, "relative_strength": -10.887387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.297073, "energy": 23.88738, "activity_lines": [ 338.051821, 327.433373, 332.844264, 342.708865 ] }, { "date": "2024-08-16", "close": 333.977351, "volume": 1480232, "typical_volume": 2010408.9, "trend": 352.454704, "fair_value": 365.030987, "relative_strength": -15.71284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.657455, "energy": 23.584955, "activity_lines": [ 338.117928, 329.294594, 332.087777, 341.437766 ] }, { "date": "2024-08-23", "close": 346.783943, "volume": 961716, "typical_volume": 1975024.8, "trend": 351.958781, "fair_value": 364.36931, "relative_strength": -12.960001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.17453, "energy": 12.077129, "activity_lines": [ 341.291442, 333.3859, 332.806942, 341.071911 ] }, { "date": "2024-08-30", "close": 340.109812, "volume": 1161039, "typical_volume": 1942557.85, "trend": 351.353469, "fair_value": 363.568996, "relative_strength": -13.518407, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.267363, "energy": 11.154866, "activity_lines": [ 340.232725, 335.94038, 333.052292, 340.307461 ] }, { "date": "2024-09-06", "close": 330.195343, "volume": 1466066, "typical_volume": 1939767.15, "trend": 350.00879, "fair_value": 362.725883, "relative_strength": -10.560351, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.973292, "energy": 10.481256, "activity_lines": [ 337.089161, 336.430817, 332.473564, 338.942421 ] }, { "date": "2024-09-13", "close": 344.365779, "volume": 1319436, "typical_volume": 1862909.2, "trend": 349.115695, "fair_value": 362.149896, "relative_strength": -11.572221, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.250414, "energy": 8.038277, "activity_lines": [ 339.365663, 338.880425, 333.324509, 338.578355 ] }, { "date": "2024-09-20", "close": 352.442444, "volume": 1579618, "typical_volume": 1840426.45, "trend": 348.481919, "fair_value": 361.616986, "relative_strength": -10.427094, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.283657, "energy": 7.974932, "activity_lines": [ 343.817662, 341.791281, 335.00323, 338.792984 ] }, { "date": "2024-09-27", "close": 360.345002, "volume": 973716, "typical_volume": 1819715.55, "trend": 347.606845, "fair_value": 361.303225, "relative_strength": -8.894126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.545062, "energy": 32.806732, "activity_lines": [ 349.672841, 345.486475, 337.424852, 339.558345 ] }, { "date": "2024-10-04", "close": 351.997502, "volume": 1425177, "typical_volume": 1824390.5, "trend": 346.081372, "fair_value": 360.88119, "relative_strength": -10.762273, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.778703, "energy": 33.370763, "activity_lines": [ 351.84145, 346.869872, 339.047864, 339.841613 ] }, { "date": "2024-10-11", "close": 353.322656, "volume": 1028101, "typical_volume": 1807720.3, "trend": 345.068596, "fair_value": 360.427522, "relative_strength": -11.121313, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.12855, "energy": 41.524869, "activity_lines": [ 353.659264, 348.610787, 340.80503, 340.308792 ] }, { "date": "2024-10-18", "close": 358.284727, "volume": 1145475, "typical_volume": 1781591.9, "trend": 343.674457, "fair_value": 359.706585, "relative_strength": -9.754103, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.585299, "energy": 43.243244, "activity_lines": [ 355.589281, 351.023378, 343.016033, 341.161446 ] }, { "date": "2024-10-25", "close": 354.019087, "volume": 1895043, "typical_volume": 1809920.35, "trend": 342.550686, "fair_value": 358.885844, "relative_strength": -10.666485, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.667976, "energy": 32.56837, "activity_lines": [ 355.169488, 352.266402, 344.783418, 341.828841 ] }, { "date": "2024-11-01", "close": 351.175327, "volume": 1408638, "typical_volume": 1802892.2, "trend": 341.564346, "fair_value": 358.030019, "relative_strength": -9.601902, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.404299, "energy": 37.256127, "activity_lines": [ 353.696665, 352.627984, 346.158764, 342.38527 ] }, { "date": "2024-11-08", "close": 360.383692, "volume": 1739347, "typical_volume": 1797088.6, "trend": 341.399045, "fair_value": 356.908243, "relative_strength": -11.748704, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.785535, "energy": 40.248795, "activity_lines": [ 355.904609, 354.58397, 348.305499, 343.599421 ] }, { "date": "2024-11-15", "close": 348.842401, "volume": 1910180, "typical_volume": 1673363.2, "trend": 341.45986, "fair_value": 355.678122, "relative_strength": -11.180664, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.751237, "energy": 23.12999, "activity_lines": [ 353.706377, 354.072923, 349.188057, 344.079638 ] }, { "date": "2024-11-22", "close": 355.704333, "volume": 1626372, "typical_volume": 1681448.35, "trend": 341.427818, "fair_value": 354.59898, "relative_strength": -10.703398, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.067142, "energy": 23.442516, "activity_lines": [ 354.094139, 354.470464, 350.47367, 344.998636 ] }, { "date": "2024-11-29", "close": 365.992379, "volume": 1504838, "typical_volume": 1604124.3, "trend": 341.947552, "fair_value": 353.671994, "relative_strength": -8.459445, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.399857, "energy": 33.994498, "activity_lines": [ 358.083276, 356.532402, 352.421303, 346.583446 ] }, { "date": "2024-12-06", "close": 361.954806, "volume": 1485703, "typical_volume": 1572034.3, "trend": 342.026485, "fair_value": 352.612013, "relative_strength": -11.951111, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.335631, "energy": 31.529944, "activity_lines": [ 359.928336, 357.613874, 353.748992, 347.874237 ] }, { "date": "2024-12-13", "close": 352.268514, "volume": 1572514, "typical_volume": 1501863.05, "trend": 341.979873, "fair_value": 351.622284, "relative_strength": -14.392093, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.153249, "energy": 28.528546, "activity_lines": [ 357.826, 356.904933, 353.93854, 348.535013 ] }, { "date": "2024-12-20", "close": 338.76788, "volume": 2372178, "typical_volume": 1501897.25, "trend": 341.625901, "fair_value": 350.491886, "relative_strength": -15.198304, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.482448, "energy": 10.812889, "activity_lines": [ 351.764464, 353.736403, 352.871557, 348.327788 ] }, { "date": "2024-12-27", "close": 334.943833, "volume": 1195048, "typical_volume": 1462521.85, "trend": 341.109438, "fair_value": 349.238753, "relative_strength": -16.292968, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.969944, "energy": 11.067624, "activity_lines": [ 345.099881, 350.137225, 351.449313, 347.896687 ] }, { "date": "2025-01-03", "close": 327.344267, "volume": 1221860, "typical_volume": 1449603.25, "trend": 341.068711, "fair_value": 348.314353, "relative_strength": -16.966776, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.401207, "energy": 31.075066, "activity_lines": [ 337.286143, 345.580687, 349.311258, 347.008611 ] }, { "date": "2025-01-10", "close": 316.794167, "volume": 1855911, "typical_volume": 1494313.0, "trend": 340.661855, "fair_value": 347.376811, "relative_strength": -17.264622, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.316681, "energy": 54.250628, "activity_lines": [ 328.532245, 339.590946, 346.200018, 345.442511 ] }, { "date": "2025-01-17", "close": 339.951976, "volume": 1818288, "typical_volume": 1527175.45, "trend": 341.13585, "fair_value": 346.727209, "relative_strength": -13.175402, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.202406, "energy": 44.382525, "activity_lines": [ 330.508326, 338.436827, 345.437092, 345.396713 ] }, { "date": "2025-01-24", "close": 343.329561, "volume": 1133955, "typical_volume": 1510569.9, "trend": 342.705322, "fair_value": 346.166301, "relative_strength": -13.1513, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.569064, "energy": 36.075747, "activity_lines": [ 334.431372, 338.268301, 344.996593, 345.538243 ] }, { "date": "2025-01-31", "close": 334.118848, "volume": 1571882, "typical_volume": 1523192.2, "trend": 344.210359, "fair_value": 345.613032, "relative_strength": -13.84878, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.150925, "energy": 20.999269, "activity_lines": [ 334.980068, 336.525333, 343.616339, 344.984276 ] }, { "date": "2025-02-07", "close": 321.947896, "volume": 1474524, "typical_volume": 1517937.5, "trend": 344.390106, "fair_value": 344.994181, "relative_strength": -16.574617, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.620407, "energy": 32.213933, "activity_lines": [ 331.526778, 332.961928, 341.125741, 343.547989 ] }, { "date": "2025-02-14", "close": 334.147965, "volume": 1573668, "typical_volume": 1547935.1, "trend": 344.972667, "fair_value": 344.403793, "relative_strength": -15.320432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.387556, "energy": 24.667643, "activity_lines": [ 332.499937, 332.417526, 339.942267, 342.887205 ] }, { "date": "2025-02-21", "close": 333.876206, "volume": 3121266, "typical_volume": 1632739.55, "trend": 344.154892, "fair_value": 343.844343, "relative_strength": -12.943852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.241864, "energy": 28.914405, "activity_lines": [ 332.225589, 332.329293, 338.857659, 342.171305 ] }, { "date": "2025-02-28", "close": 336.787917, "volume": 2241096, "typical_volume": 1693389.3, "trend": 344.026351, "fair_value": 343.204917, "relative_strength": -8.583336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.918449, "energy": 23.846733, "activity_lines": [ 333.326863, 333.104867, 338.136649, 341.696016 ] }, { "date": "2025-03-07", "close": 353.58849, "volume": 2462888, "typical_volume": 1759259.95, "trend": 344.592137, "fair_value": 342.81097, "relative_strength": -0.317576, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.796587, "energy": 11.597321, "activity_lines": [ 340.464437, 336.97109, 339.09443, 342.312928 ] }, { "date": "2025-03-14", "close": 318.723596, "volume": 2124246, "typical_volume": 1770720.1, "trend": 344.083678, "fair_value": 341.920857, "relative_strength": -7.318181, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.148732, "energy": 20.111442, "activity_lines": [ 334.682405, 334.159247, 336.754108, 340.64399 ] }, { "date": "2025-03-21", "close": 311.836961, "volume": 1955473, "typical_volume": 1798061.85, "trend": 342.918779, "fair_value": 341.324628, "relative_strength": -8.927806, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.636354, "energy": 34.973375, "activity_lines": [ 326.81978, 330.252029, 333.925989, 338.563556 ] }, { "date": "2025-03-28", "close": 306.752345, "volume": 1584805, "typical_volume": 1790334.75, "trend": 341.806863, "fair_value": 340.733176, "relative_strength": -7.714685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.075016, "energy": 55.326473, "activity_lines": [ 318.749684, 325.510466, 330.800948, 336.230238 ] }, { "date": "2025-04-04", "close": 306.878973, "volume": 2811830, "typical_volume": 1835417.25, "trend": 341.029651, "fair_value": 340.160229, "relative_strength": 2.830906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.506155, "energy": 67.486466, "activity_lines": [ 312.530054, 321.395556, 327.943353, 333.976826 ] }, { "date": "2025-04-11", "close": 303.19701, "volume": 3162193, "typical_volume": 1912208.3, "trend": 339.657359, "fair_value": 339.612004, "relative_strength": -5.053932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.294288, "energy": 68.657806, "activity_lines": [ 307.077033, 317.273936, 324.934921, 331.53601 ] }, { "date": "2025-04-18", "close": 298.307207, "volume": 1452750, "typical_volume": 1909603.9, "trend": 337.852851, "fair_value": 339.022324, "relative_strength": -3.97118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.982406, "energy": 69.579176, "activity_lines": [ 303.35351, 312.825476, 321.710828, 328.868259 ] }, { "date": "2025-04-25", "close": 284.027423, "volume": 3552127, "typical_volume": 2012925.1, "trend": 335.308931, "fair_value": 338.404416, "relative_strength": -13.524102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.985412, "energy": 69.823626, "activity_lines": [ 296.231151, 306.210523, 317.449067, 325.39565 ] }, { "date": "2025-05-02", "close": 298.735795, "volume": 2591987, "typical_volume": 2063898.75, "trend": 333.533541, "fair_value": 337.946508, "relative_strength": -11.587894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.586783, "energy": 55.214013, "activity_lines": [ 295.865552, 303.181101, 314.959185, 323.036093 ] }, { "date": "2025-05-09", "close": 294.089508, "volume": 2252963, "typical_volume": 2057938.0, "trend": 331.559103, "fair_value": 337.351336, "relative_strength": -12.283198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.375332, "energy": 47.478045, "activity_lines": [ 294.485628, 299.945817, 312.281718, 320.491317 ] }, { "date": "2025-05-16", "close": 313.745215, "volume": 2856219, "typical_volume": 2140996.55, "trend": 330.074453, "fair_value": 336.915823, "relative_strength": -11.980711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.718669, "energy": 36.976527, "activity_lines": [ 300.510236, 301.060632, 311.688976, 319.342034 ] }, { "date": "2025-05-23", "close": 295.623842, "volume": 2838203, "typical_volume": 2221813.7, "trend": 328.127944, "fair_value": 336.361614, "relative_strength": -14.616879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.312974, "energy": 29.666743, "activity_lines": [ 299.791174, 299.605076, 309.471336, 317.119414 ] }, { "date": "2025-05-30", "close": 293.961331, "volume": 2334634, "typical_volume": 2245749.85, "trend": 326.220811, "fair_value": 335.789087, "relative_strength": -16.199432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.101728, "energy": 28.964903, "activity_lines": [ 298.696832, 298.26724, 307.246411, 314.915116 ] }, { "date": "2025-06-06", "close": 290.528734, "volume": 3108171, "typical_volume": 2310244.0, "trend": 323.892313, "fair_value": 335.328721, "relative_strength": -18.482924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.463951, "energy": 32.916793, "activity_lines": [ 295.796031, 296.630307, 304.8033, 312.612401 ] }, { "date": "2025-06-13", "close": 282.529121, "volume": 3116478, "typical_volume": 2409370.15, "trend": 321.68187, "fair_value": 335.131373, "relative_strength": -19.928229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.230932, "energy": 51.365541, "activity_lines": [ 290.775829, 293.833874, 301.833669, 309.943808 ] }, { "date": "2025-06-20", "close": 282.157501, "volume": 2589086, "typical_volume": 2460230.35, "trend": 319.230309, "fair_value": 334.786801, "relative_strength": -19.674924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.983871, "energy": 58.255258, "activity_lines": [ 286.402446, 291.412598, 299.118172, 307.393849 ] }, { "date": "2025-06-27", "close": 286.308889, "volume": 4732988, "typical_volume": 2623153.55, "trend": 316.574193, "fair_value": 334.499124, "relative_strength": -21.516951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.226711, "energy": 54.328306, "activity_lines": [ 285.518707, 290.128656, 297.04548, 305.269887 ] }, { "date": "2025-07-04", "close": 295.359796, "volume": 3139164, "typical_volume": 2701428.35, "trend": 314.354359, "fair_value": 334.110868, "relative_strength": -20.093166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.936758, "energy": 38.684008, "activity_lines": [ 288.272934, 290.708485, 296.004489, 303.901216 ] }, { "date": "2025-07-11", "close": 299.564972, "volume": 2730286, "typical_volume": 2681879.35, "trend": 312.597574, "fair_value": 333.775871, "relative_strength": -18.417464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.926044, "energy": 24.528024, "activity_lines": [ 292.335656, 291.846849, 295.548697, 302.947062 ] }, { "date": "2025-07-18", "close": 292.269481, "volume": 3174494, "typical_volume": 2728549.25, "trend": 311.047628, "fair_value": 333.458898, "relative_strength": -21.063407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.320563, "energy": 18.208632, "activity_lines": [ 293.364131, 291.643683, 294.561483, 301.635572 ] }, { "date": "2025-07-25", "close": 317.735242, "volume": 3897592, "typical_volume": 2800284.45, "trend": 310.474008, "fair_value": 333.337803, "relative_strength": -14.417275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.020436, "energy": 12.031235, "activity_lines": [ 302.231835, 296.103748, 296.211571, 302.067031 ] }, { "date": "2025-08-01", "close": 301.863149, "volume": 2464417, "typical_volume": 2817293.0, "trend": 309.624637, "fair_value": 333.018805, "relative_strength": -16.322999, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.790615, "energy": 14.502566, "activity_lines": [ 303.436993, 297.605431, 296.520762, 301.511492 ] }, { "date": "2025-08-08", "close": 298.939085, "volume": 1547607, "typical_volume": 2796899.7, "trend": 309.029468, "fair_value": 332.583536, "relative_strength": -19.565624, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.119787, "energy": 12.930903, "activity_lines": [ 302.630512, 298.462024, 296.631758, 300.822101 ] }, { "date": "2025-08-15", "close": 315.860872, "volume": 2636882, "typical_volume": 2849503.55, "trend": 308.226431, "fair_value": 332.307547, "relative_strength": -15.019295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.348726, "energy": 14.706211, "activity_lines": [ 307.226007, 302.304802, 298.415772, 301.262837 ] }, { "date": "2025-08-22", "close": 317.804631, "volume": 2668656, "typical_volume": 2842344.85, "trend": 307.3756, "fair_value": 332.211195, "relative_strength": -13.250811, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.789903, "energy": 30.169297, "activity_lines": [ 311.383029, 306.040405, 300.341531, 301.880785 ] }, { "date": "2025-08-29", "close": 305.022942, "volume": 2009662, "typical_volume": 2784718.3, "trend": 306.405736, "fair_value": 332.11063, "relative_strength": -16.048446, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.103611, "energy": 18.59235, "activity_lines": [ 309.577145, 306.810693, 300.99796, 301.729001 ] }, { "date": "2025-09-05", "close": 326.993311, "volume": 2252358, "typical_volume": 2824698.7, "trend": 306.573917, "fair_value": 332.053765, "relative_strength": -10.419608, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.570202, "energy": 40.584803, "activity_lines": [ 315.942203, 311.159857, 303.73811, 303.057231 ] }, { "date": "2025-09-12", "close": 320.013448, "volume": 2354172, "typical_volume": 2764800.95, "trend": 306.102766, "fair_value": 332.099313, "relative_strength": -13.434959, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.497956, "energy": 36.303778, "activity_lines": [ 318.305296, 313.500239, 305.67691, 303.924298 ] }, { "date": "2025-09-19", "close": 312.100974, "volume": 3757372, "typical_volume": 2823070.2, "trend": 305.376925, "fair_value": 332.209725, "relative_strength": -16.819889, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.048094, "energy": 21.398568, "activity_lines": [ 316.625941, 313.953741, 306.69078, 304.311279 ] }, { "date": "2025-09-26", "close": 300.261713, "volume": 2248103, "typical_volume": 2822827.2, "trend": 304.159385, "fair_value": 332.209828, "relative_strength": -19.016591, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.000324, "energy": 10.281771, "activity_lines": [ 311.250825, 312.026723, 306.513457, 303.981265 ] }, { "date": "2025-10-03", "close": 303.943075, "volume": 2024651, "typical_volume": 2781248.8, "trend": 302.504538, "fair_value": 332.213027, "relative_strength": -18.443255, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.724978, "energy": 14.809101, "activity_lines": [ 308.272357, 310.62373, 306.657349, 303.96731 ] }, { "date": "2025-10-10", "close": 284.603653, "volume": 2392088, "typical_volume": 2758943.05, "trend": 301.367207, "fair_value": 332.180379, "relative_strength": -21.279244, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.4743, "energy": 17.561842, "activity_lines": [ 298.919407, 305.955245, 305.006068, 302.812414 ] }, { "date": "2025-10-17", "close": 284.898162, "volume": 2905815, "typical_volume": 2787502.1, "trend": 300.469247, "fair_value": 332.283893, "relative_strength": -22.456465, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.320959, "energy": 27.306385, "activity_lines": [ 292.490603, 301.654116, 303.435312, 301.749895 ] }, { "date": "2025-10-24", "close": 288.373368, "volume": 4258847, "typical_volume": 2845035.9, "trend": 299.856614, "fair_value": 332.204402, "relative_strength": -22.570763, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.748672, "energy": 42.185973, "activity_lines": [ 289.561221, 298.240132, 302.238686, 300.969516 ] }, { "date": "2025-10-31", "close": 262.171886, "volume": 3887927, "typical_volume": 2883608.35, "trend": 298.366378, "fair_value": 332.115118, "relative_strength": -30.262014, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.621347, "energy": 62.766969, "activity_lines": [ 279.479851, 290.562016, 298.556945, 298.538243 ] }, { "date": "2025-11-07", "close": 247.397353, "volume": 5884020, "typical_volume": 3048355.05, "trend": 296.506389, "fair_value": 331.56877, "relative_strength": -31.446345, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.887593, "energy": 82.733899, "activity_lines": [ 267.012959, 281.209125, 293.565045, 295.249919 ] }, { "date": "2025-11-14", "close": 239.071573, "volume": 3927126, "typical_volume": 3008061.95, "trend": 294.531868, "fair_value": 331.147344, "relative_strength": -32.974725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.845476, "energy": 90.358426, "activity_lines": [ 255.540522, 271.390194, 287.945737, 291.544447 ] }, { "date": "2025-11-21", "close": 236.762942, "volume": 4453866, "typical_volume": 3073797.05, "trend": 292.956385, "fair_value": 330.669611, "relative_strength": -30.813803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.393968, "energy": 92.354726, "activity_lines": [ 246.334013, 262.750088, 282.3315, 287.817419 ] }, { "date": "2025-11-28", "close": 240.334414, "volume": 5359960, "typical_volume": 3205280.75, "trend": 291.009673, "fair_value": 330.205001, "relative_strength": -32.330671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.792979, "energy": 88.464756, "activity_lines": [ 241.52701, 256.272987, 277.336435, 284.422453 ] }, { "date": "2025-12-05", "close": 236.309109, "volume": 3025638, "typical_volume": 3197837.95, "trend": 289.083659, "fair_value": 329.711068, "relative_strength": -33.427287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.589018, "energy": 88.819534, "activity_lines": [ 238.580835, 250.368859, 272.240059, 280.893385 ] }, { "date": "2025-12-12", "close": 237.049054, "volume": 3020304, "typical_volume": 3153973.55, "trend": 286.527121, "fair_value": 329.331051, "relative_strength": -31.273154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.504372, "energy": 83.554915, "activity_lines": [ 237.605494, 245.762041, 267.480631, 277.536314 ] }, { "date": "2025-12-19", "close": 228.899784, "volume": 3760496, "typical_volume": 3218777.5, "trend": 284.302986, "fair_value": 328.943824, "relative_strength": -33.353345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.996512, "energy": 77.64942, "activity_lines": [ 234.603616, 240.889792, 262.329302, 273.818421 ] }, { "date": "2025-12-26", "close": 229.373349, "volume": 2180102, "typical_volume": 3250402.25, "trend": 282.150053, "fair_value": 328.579476, "relative_strength": -33.396724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.09404, "energy": 72.771281, "activity_lines": [ 232.437712, 237.116444, 257.57052, 270.274573 ] }, { "date": "2026-01-02", "close": 226.630617, "volume": 2565618, "typical_volume": 3246839.05, "trend": 280.020116, "fair_value": 328.118777, "relative_strength": -32.413769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.21417, "energy": 66.657727, "activity_lines": [ 229.850203, 233.853959, 252.88179, 266.692674 ] }, { "date": "2026-01-09", "close": 248.898054, "volume": 4479268, "typical_volume": 3337369.65, "trend": 278.89908, "fair_value": 327.595824, "relative_strength": -26.782203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.432629, "energy": 57.350193, "activity_lines": [ 235.59876, 235.762695, 250.738674, 264.684799 ] }, { "date": "2026-01-16", "close": 264.397453, "volume": 4607084, "typical_volume": 3467240.75, "trend": 278.307078, "fair_value": 327.150077, "relative_strength": -20.905169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.241411, "energy": 34.498152, "activity_lines": [ 245.674521, 240.730846, 250.399818, 263.74921 ] }, { "date": "2026-01-23", "close": 261.467268, "volume": 2680552, "typical_volume": 3488650.45, "trend": 277.479024, "fair_value": 326.52382, "relative_strength": -21.313755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.532487, "energy": 29.293989, "activity_lines": [ 252.950326, 244.857142, 249.975352, 262.662771 ] }, { "date": "2026-01-30", "close": 250.68379, "volume": 3335437, "typical_volume": 3537713.7, "trend": 275.989824, "fair_value": 325.681702, "relative_strength": -23.797238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.246346, "energy": 32.416012, "activity_lines": [ 254.460474, 246.615613, 248.835917, 260.934046 ] }, { "date": "2026-02-06", "close": 262.591985, "volume": 4435820, "typical_volume": 3571636.1, "trend": 274.757391, "fair_value": 325.124251, "relative_strength": -18.016996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.835437, "energy": 24.63548, "activity_lines": [ 258.519323, 250.286103, 249.160736, 260.06967 ] }, { "date": "2026-02-13", "close": 262.266409, "volume": 3318494, "typical_volume": 3625155.65, "trend": 273.757289, "fair_value": 324.52017, "relative_strength": -16.491477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.378949, "energy": 18.939141, "activity_lines": [ 260.072223, 253.492714, 249.690306, 259.2638 ] }, { "date": "2026-02-20", "close": 218.649067, "volume": 6765700, "typical_volume": 3862208.1, "trend": 270.454416, "fair_value": 323.759499, "relative_strength": -30.453257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.891377, "energy": 31.872686, "activity_lines": [ 246.194785, 248.296949, 246.246772, 255.708431 ] }, { "date": "2026-02-27", "close": 224.134533, "volume": 4755059, "typical_volume": 3980356.65, "trend": 267.863462, "fair_value": 323.002192, "relative_strength": -27.730726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.598234, "energy": 41.811339, "activity_lines": [ 237.195728, 244.433086, 243.731827, 252.720051 ] }, { "date": "2026-03-06", "close": 210.795775, "volume": 3447076, "typical_volume": 4007419.7, "trend": 264.925352, "fair_value": 322.23912, "relative_strength": -30.201725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.505581, "energy": 75.411212, "activity_lines": [ 226.239267, 238.230636, 240.234471, 249.038265 ] }, { "date": "2026-03-13", "close": 205.118351, "volume": 3642157, "typical_volume": 3976585.2, "trend": 261.233935, "fair_value": 321.47367, "relative_strength": -30.536744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.603898, "energy": 84.956926, "activity_lines": [ 216.049533, 231.3337, 236.549277, 245.179749 ] }, { "date": "2026-03-20", "close": 198.864742, "volume": 4022691, "typical_volume": 3983323.4, "trend": 257.269272, "fair_value": 320.769156, "relative_strength": -30.47172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.340893, "energy": 87.74671, "activity_lines": [ 207.606838, 223.690877, 232.664953, 241.15593 ] }, { "date": "2026-03-27", "close": 197.276524, "volume": 3664059, "typical_volume": 3872325.35, "trend": 253.677725, "fair_value": 319.949725, "relative_strength": -27.863025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.009374, "energy": 87.025799, "activity_lines": [ 202.861515, 216.668984, 228.930834, 237.28543 ] }, { "date": "2026-04-03", "close": 201.43567, "volume": 2884140, "typical_volume": 3820176.05, "trend": 249.49247, "fair_value": 319.255424, "relative_strength": -28.066528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.453506, "energy": 78.064777, "activity_lines": [ 200.92741, 211.62368, 225.831494, 233.914975 ] }, { "date": "2026-04-10", "close": 213.327452, "volume": 2462954, "typical_volume": 3720630.45, "trend": 245.93627, "fair_value": 318.613069, "relative_strength": -26.118718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.568865, "energy": 55.86998, "activity_lines": [ 204.47049, 209.832001, 224.043923, 231.581748 ] }, { "date": "2026-04-17", "close": 225.943859, "volume": 3632773, "typical_volume": 3634271.1, "trend": 243.064366, "fair_value": 317.972535, "relative_strength": -25.312436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.8149, "energy": 37.747943, "activity_lines": [ 212.05026, 211.013421, 223.569512, 230.291915 ] }, { "date": "2026-04-24", "close": 230.837555, "volume": 4595056, "typical_volume": 3712742.0, "trend": 240.750228, "fair_value": 317.314196, "relative_strength": -24.543864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.687346, "energy": 20.06436, "activity_lines": [ 219.872895, 213.750933, 223.629695, 229.503088 ] }, { "date": "2026-05-01", "close": 206.557673, "volume": 3641213, "typical_volume": 3743787.45, "trend": 237.504047, "fair_value": 316.484151, "relative_strength": -32.646172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.452906, "energy": 24.19189, "activity_lines": [ 217.470716, 212.645355, 221.403562, 227.297117 ] }, { "date": "2026-05-08", "close": 186.387305, "volume": 6384968, "typical_volume": 3875011.05, "trend": 234.230169, "fair_value": 315.617983, "relative_strength": -41.544659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.428409, "energy": 36.790372, "activity_lines": [ 207.726337, 208.09228, 217.401639, 223.999263 ] }, { "date": "2026-05-15", "close": 175.35, "volume": 4952550, "typical_volume": 4013633.45, "trend": 230.578564, "fair_value": 314.63533, "relative_strength": -43.971008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.070675, "energy": 61.522401, "activity_lines": [ 195.306081, 202.218737, 212.550985, 220.200542 ] }, { "date": "2026-05-22", "close": 184.64, "volume": 4199872, "typical_volume": 4095346.15, "trend": 227.120785, "fair_value": 313.816265, "relative_strength": -40.872553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.834392, "energy": 80.417917, "activity_lines": [ 188.514321, 198.678752, 208.842346, 217.236764 ] }, { "date": "2026-05-29", "close": 181.4, "volume": 2722266, "typical_volume": 4007496.05, "trend": 224.428389, "fair_value": 312.986506, "relative_strength": -42.72766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.337737, "energy": 83.560525, "activity_lines": [ 183.396152, 194.922011, 205.025092, 214.287036 ] }, { "date": "2026-06-05", "close": 185.52, "volume": 4542808, "typical_volume": 4004282.25, "trend": 222.36581, "fair_value": 312.18279, "relative_strength": -37.864808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.966929, "energy": 80.535184, "activity_lines": [ 182.947154, 192.231901, 201.921637, 211.776817 ] }, { "date": "2026-06-12", "close": 195.0, "volume": 5371544, "typical_volume": 4138831.85, "trend": 220.896758, "fair_value": 311.247338, "relative_strength": -35.377828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.130678, "energy": 56.36595, "activity_lines": [ 187.060667, 191.479183, 200.096647, 210.011281 ] }, { "date": "2026-06-19", "close": 198.99, "volume": 11133121, "typical_volume": 4528716.05, "trend": 219.63766, "fair_value": 310.371715, "relative_strength": -34.968423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.145645, "energy": 35.255483, "activity_lines": [ 191.93, 191.568931, 198.968168, 208.597942 ] }, { "date": "2026-06-26", "close": 211.61, "volume": 4438507, "typical_volume": 4528850.4, "trend": 218.680179, "fair_value": 309.440837, "relative_strength": -26.8213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.33196, "energy": 19.005481, "activity_lines": [ 199.43, 194.213906, 199.287754, 208.080028 ] }, { "date": "2026-07-03", "close": 219.47, "volume": 2690796, "typical_volume": 4497465.5, "trend": 218.118876, "fair_value": 308.614805, "relative_strength": -23.946755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.01321, "energy": 18.259487, "activity_lines": [ 207.752, 198.548587, 200.598683, 208.130984 ] }, { "date": "2026-07-10", "close": 210.44, "volume": 3271669, "typical_volume": 4322763.95, "trend": 217.231907, "fair_value": 307.741328, "relative_strength": -27.504399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.581101, "energy": 20.183604, "activity_lines": [ 210.526, 201.448133, 201.253404, 207.635573 ] }, { "date": "2026-07-17", "close": 201.17, "volume": 3488161, "typical_volume": 4259419.05, "trend": 216.307581, "fair_value": 306.773383, "relative_strength": -26.869705, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.060498, "energy": 18.019375, "activity_lines": [ 208.548667, 202.591636, 201.064359, 206.599321 ] }, { "date": "2026-07-24", "close": 183.77, "volume": 6397881, "typical_volume": 4406959.3, "trend": 214.787469, "fair_value": 305.601768, "relative_strength": -31.125339, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.238563, "energy": 16.847411, "activity_lines": [ 200.36, 200.302727, 199.327526, 204.500122 ] }, { "date": "2026-07-31", "close": 185.71, "volume": 5190707, "typical_volume": 4484386.8, "trend": 213.423449, "fair_value": 304.463042, "relative_strength": -29.819689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.531545, "energy": 31.106635, "activity_lines": [ 193.832667, 198.213455, 197.904149, 202.624156 ] }, { "date": "2026-08-07", "close": 206.31, "volume": 3076524, "typical_volume": 4437078.45, "trend": 212.003847, "fair_value": 303.489437, "relative_strength": -24.924126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.719154, "energy": 23.886571, "activity_lines": [ 195.898667, 199.850182, 198.535098, 202.165224 ] } ], "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." } } }