{ "ticker": { "uuid": "99cbc29e-d219-43f3-bcf3-e4bb70ad9f13", "symbol": "HSHP", "name": "Himalaya Shipping Ltd.", "exchange": "OSL", "country": "NO", "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": "OSEBX.OL", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 88.962, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 61.608, "architecture_energy": 50.666, "architecture_maturity": 22.106, "architecture_confidence": 85.092, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 23.83, "rotation_up": 63.38, "upward_expansion": 83.68, "deceleration": 49.97, "rotation_down": 16.66, "downward_expansion": 8.01 }, "activity_lines": [ 148.8391, 145.690405, 141.536564, 137.429806 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 149.600006, "trend_reference": 129.937328, "distance_from_trend": 0.151324, "trend_direction": "Improving", "fair_value": 82.774234, "distance_from_fair_value": 0.807326, "fair_value_direction": "Weakening", "relative_strength": 22.790069, "relative_strength_direction": "Weakening", "price_momentum": 0.476082, "excess_performance": 0.351088, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.151324, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.164055, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.807326, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.124481, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.227901, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.193878, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.476082, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.630626, "read": "Supply-led" } ], "volume": { "latest": 694313, "relative_activity": 0.986877, "balance": 0.630626, "dry_up": 0.926656, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.075986, "annualized_volatility": 0.478086, "from_high_reference": -0.036082, "from_low_reference": 1.053221 }, "levels": { "trend_reference": 129.937328, "fair_value_reference": 82.774234, "structural_low": 99.354304, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": 0.047092, "positive_rate": 0.65, "directional_follow_through": 0.65, "median_excess_return": 0.040209, "regime_survival": 0.9, "best_return": 0.36167, "worst_return": -0.124396, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.176723, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.133017, "regime_survival": 0.666667, "best_return": 0.472552, "worst_return": 0.019157, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.480564, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.340114, "regime_survival": 0.333333, "best_return": 0.500762, "worst_return": 0.38467, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.526616, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.390201, "regime_survival": 0.0, "best_return": 1.221974, "worst_return": -0.168741, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-09-08", "end": "2023-11-17", "tenure": "Developing", "return": 0.066929, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-11-24", "end": "2023-12-22", "tenure": "Developing", "return": 0.067524, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-06-21", "tenure": "Established", "return": 0.346371, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-09", "tenure": "Developing", "return": -0.123984, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": -0.031017, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-03-21", "tenure": "Extended", "return": -0.214011, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.188119, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.157025, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": 0.043965, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-10-24", "tenure": "Established", "return": 0.354984, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": 0.196376, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-06-19", "tenure": "Extended", "return": 0.41164, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.115502, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.027568, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 57.406834, "volume": 63519, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 51.508877, "volume": 117059, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 52.688457, "volume": 98179, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 49.936073, "volume": 919597, "typical_volume": 221595.75, "trend": 57.288876, "fair_value": 52.679863, "relative_strength": -11.666922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.112688, "energy": 65.412142, "activity_lines": [ 52.570502, 54.868921, 56.257199, 56.948104 ] }, { "date": "2023-09-15", "close": 52.098667, "volume": 252646, "typical_volume": 226343.25, "trend": 57.374069, "fair_value": 52.672688, "relative_strength": -10.25563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.238388, "energy": 65.676373, "activity_lines": [ 51.915172, 54.196911, 55.780681, 56.613252 ] }, { "date": "2023-09-22", "close": 51.705456, "volume": 2948383, "typical_volume": 367626.45, "trend": 57.387175, "fair_value": 52.660892, "relative_strength": -10.812382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.682817, "energy": 63.079377, "activity_lines": [ 51.574397, 53.514175, 55.304161, 56.247535 ] }, { "date": "2023-09-29", "close": 51.115669, "volume": 228818, "typical_volume": 374975.25, "trend": 57.072617, "fair_value": 52.642275, "relative_strength": -11.187051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.285954, "energy": 63.44101, "activity_lines": [ 51.417118, 52.795695, 54.800494, 55.842921 ] }, { "date": "2023-10-06", "close": 52.491856, "volume": 480118, "typical_volume": 394587.75, "trend": 56.843251, "fair_value": 52.640484, "relative_strength": -5.88319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.355016, "energy": 41.252252, "activity_lines": [ 51.744782, 52.434667, 54.461594, 55.547389 ] }, { "date": "2023-10-13", "close": 53.278259, "volume": 354483, "typical_volume": 403722.1, "trend": 56.705632, "fair_value": 52.647987, "relative_strength": -8.724881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.330069, "energy": 28.851173, "activity_lines": [ 52.347687, 52.313134, 54.224739, 55.317389 ] }, { "date": "2023-10-20", "close": 54.261253, "volume": 413977, "typical_volume": 418854.8, "trend": 56.541799, "fair_value": 52.666746, "relative_strength": -4.101367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.151176, "energy": 21.869979, "activity_lines": [ 53.055444, 52.524031, 54.100227, 55.159687 ] }, { "date": "2023-10-27", "close": 50.132671, "volume": 223464, "typical_volume": 398128.6, "trend": 56.194475, "fair_value": 52.637619, "relative_strength": -10.748618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.03813, "energy": 27.141974, "activity_lines": [ 52.242835, 52.066491, 53.588133, 54.746195 ] }, { "date": "2023-11-03", "close": 50.132671, "volume": 300159, "typical_volume": 397889.6, "trend": 55.893023, "fair_value": 52.609154, "relative_strength": -12.083316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.370699, "energy": 33.202792, "activity_lines": [ 51.535078, 51.741209, 53.11536, 54.355111 ] }, { "date": "2023-11-10", "close": 49.542877, "volume": 424077, "typical_volume": 398892.45, "trend": 55.558804, "fair_value": 52.574701, "relative_strength": -12.899609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.803772, "energy": 43.172349, "activity_lines": [ 50.696256, 51.333713, 52.63416, 53.945424 ] }, { "date": "2023-11-17", "close": 53.278259, "volume": 362411, "typical_volume": 393576.2, "trend": 55.335992, "fair_value": 52.582519, "relative_strength": -7.296865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.851447, "energy": 33.670761, "activity_lines": [ 51.299161, 51.66257, 52.569564, 53.798292 ] }, { "date": "2023-11-24", "close": 61.142208, "volume": 657536, "typical_volume": 417855.7, "trend": 55.375312, "fair_value": 52.676581, "relative_strength": 4.550405, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.807531, "energy": 10.823602, "activity_lines": [ 54.523381, 53.360469, 53.268894, 54.172887 ] }, { "date": "2023-12-01", "close": 64.681, "volume": 481610, "typical_volume": 438110.85, "trend": 55.604677, "fair_value": 52.807064, "relative_strength": 10.954711, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.061861, "energy": 54.675844, "activity_lines": [ 58.468469, 55.537357, 54.278102, 54.773254 ] }, { "date": "2023-12-08", "close": 62.518402, "volume": 526556, "typical_volume": 460041.35, "trend": 55.748849, "fair_value": 52.911487, "relative_strength": 7.650852, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.045258, "energy": 63.487483, "activity_lines": [ 60.722802, 57.085126, 55.038284, 55.2193 ] }, { "date": "2023-12-15", "close": 64.877563, "volume": 745352, "typical_volume": 493760.55, "trend": 55.97166, "fair_value": 53.038786, "relative_strength": 11.068807, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.176628, "energy": 75.556627, "activity_lines": [ 62.937807, 58.854511, 55.996935, 55.80825 ] }, { "date": "2023-12-22", "close": 65.270805, "volume": 590089, "typical_volume": 515202.4, "trend": 56.240346, "fair_value": 53.167544, "relative_strength": 11.345668, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.787231, "energy": 85.219051, "activity_lines": [ 64.261579, 60.4702, 56.959335, 56.408194 ] }, { "date": "2023-12-29", "close": 66.843575, "volume": 235266, "typical_volume": 521164.95, "trend": 56.620437, "fair_value": 53.310002, "relative_strength": 12.578288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.220974, "energy": 84.431603, "activity_lines": [ 65.310106, 62.153801, 58.054672, 57.092274 ] }, { "date": "2024-01-05", "close": 71.168755, "volume": 259410, "typical_volume": 530959.5, "trend": 57.046401, "fair_value": 53.494113, "relative_strength": 18.202849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.977449, "energy": 89.089257, "activity_lines": [ 67.420268, 64.395028, 59.523546, 58.030875 ] }, { "date": "2024-01-12", "close": 67.826561, "volume": 425688, "typical_volume": 546390.95, "trend": 57.301979, "fair_value": 53.640363, "relative_strength": 13.876685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.115401, "energy": 67.97245, "activity_lines": [ 67.983848, 65.64611, 60.608584, 58.726369 ] }, { "date": "2024-01-19", "close": 70.578964, "volume": 311656, "typical_volume": 557064.8, "trend": 57.577218, "fair_value": 53.81146, "relative_strength": 19.871703, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.109649, "energy": 65.195399, "activity_lines": [ 69.111019, 67.075921, 61.878052, 59.582949 ] }, { "date": "2024-01-26", "close": 71.758545, "volume": 323069, "typical_volume": 527238.4, "trend": 58.088375, "fair_value": 53.99093, "relative_strength": 19.706182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.421758, "energy": 67.460854, "activity_lines": [ 70.25129, 68.337728, 63.174668, 60.497873 ] }, { "date": "2024-02-02", "close": 66.646988, "volume": 302817, "typical_volume": 529746.95, "trend": 58.461913, "fair_value": 54.116238, "relative_strength": 12.648328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.844962, "energy": 51.470955, "activity_lines": [ 69.255193, 68.334155, 63.880552, 61.050042 ] }, { "date": "2024-02-09", "close": 73.724533, "volume": 395613, "typical_volume": 402108.45, "trend": 59.064816, "fair_value": 54.308476, "relative_strength": 26.810296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.269236, "energy": 55.703594, "activity_lines": [ 70.631383, 69.517322, 65.191211, 62.034727 ] }, { "date": "2024-02-16", "close": 77.066711, "volume": 502578, "typical_volume": 415796.45, "trend": 59.733252, "fair_value": 54.52943, "relative_strength": 28.997106, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.516864, "energy": 60.211873, "activity_lines": [ 72.951247, 71.14373, 66.715319, 63.19614 ] }, { "date": "2024-02-23", "close": 84.548401, "volume": 446177, "typical_volume": 414099.4, "trend": 60.624864, "fair_value": 54.818074, "relative_strength": 40.440083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.238815, "energy": 77.004133, "activity_lines": [ 77.148998, 73.86593, 68.828393, 64.797117 ] }, { "date": "2024-03-01", "close": 84.548401, "volume": 754489, "typical_volume": 434099.7, "trend": 61.385411, "fair_value": 55.10122, "relative_strength": 37.856264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.209636, "energy": 91.503989, "activity_lines": [ 80.415453, 76.230478, 70.788817, 66.340571 ] }, { "date": "2024-03-08", "close": 83.565269, "volume": 426582, "typical_volume": 434729.95, "trend": 62.211485, "fair_value": 55.369749, "relative_strength": 34.917764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.105059, "energy": 88.304803, "activity_lines": [ 82.50154, 78.065774, 72.506704, 67.771529 ] }, { "date": "2024-03-15", "close": 82.188927, "volume": 295943, "typical_volume": 438353.9, "trend": 63.037555, "fair_value": 55.620395, "relative_strength": 30.55923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.372267, "energy": 84.474248, "activity_lines": [ 83.000962, 79.346795, 73.953968, 69.060397 ] }, { "date": "2024-03-22", "close": 81.825027, "volume": 515203, "typical_volume": 449106.1, "trend": 64.048093, "fair_value": 55.863031, "relative_strength": 26.884751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.813585, "energy": 62.196019, "activity_lines": [ 82.81479, 80.361285, 75.213926, 70.272492 ] }, { "date": "2024-03-29", "close": 78.481209, "volume": 92335, "typical_volume": 432519.0, "trend": 64.907852, "fair_value": 56.070537, "relative_strength": 20.495107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.615826, "energy": 52.192596, "activity_lines": [ 81.196792, 80.513291, 76.004509, 71.20366 ] }, { "date": "2024-04-05", "close": 82.611801, "volume": 511529, "typical_volume": 439974.9, "trend": 65.997043, "fair_value": 56.311821, "relative_strength": 24.080395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.727215, "energy": 48.517581, "activity_lines": [ 81.360136, 81.272636, 77.05068, 72.345851 ] }, { "date": "2024-04-12", "close": 83.005196, "volume": 1530869, "typical_volume": 483641.55, "trend": 67.02726, "fair_value": 56.552302, "relative_strength": 21.881028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.623699, "energy": 43.61325, "activity_lines": [ 81.783719, 81.906176, 77.994633, 73.443151 ] }, { "date": "2024-04-19", "close": 84.706726, "volume": 773257, "typical_volume": 498223.9, "trend": 68.127303, "fair_value": 56.803681, "relative_strength": 26.949179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.107797, "energy": 48.407431, "activity_lines": [ 82.811817, 82.551663, 78.996528, 74.583762 ] }, { "date": "2024-04-26", "close": 87.559837, "volume": 1793798, "typical_volume": 561586.0, "trend": 69.342108, "fair_value": 57.075859, "relative_strength": 28.098006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.788904, "energy": 54.938082, "activity_lines": [ 84.623099, 83.516222, 80.174787, 75.837473 ] }, { "date": "2024-05-03", "close": 89.822586, "volume": 666560, "typical_volume": 557646.4, "trend": 70.586466, "fair_value": 57.363111, "relative_strength": 30.018539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.106377, "energy": 66.739482, "activity_lines": [ 86.80631, 84.701405, 81.449301, 77.158795 ] }, { "date": "2024-05-10", "close": 92.478897, "volume": 724293, "typical_volume": 564356.6, "trend": 71.893154, "fair_value": 57.668466, "relative_strength": 28.543674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.247498, "energy": 79.173055, "activity_lines": [ 89.118866, 86.273659, 82.858011, 78.571209 ] }, { "date": "2024-05-17", "close": 93.364326, "volume": 415223, "typical_volume": 573354.45, "trend": 73.19659, "fair_value": 57.976189, "relative_strength": 29.084011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.00031, "energy": 82.220375, "activity_lines": [ 91.068758, 87.86271, 84.221485, 79.956446 ] }, { "date": "2024-05-24", "close": 91.533203, "volume": 429463, "typical_volume": 581857.1, "trend": 74.576607, "fair_value": 58.263001, "relative_strength": 25.114192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.120693, "energy": 77.664761, "activity_lines": [ 91.717668, 88.940664, 85.284278, 81.139454 ] }, { "date": "2024-05-31", "close": 98.127541, "volume": 1058869, "typical_volume": 613516.15, "trend": 76.176436, "fair_value": 58.600836, "relative_strength": 31.412011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.329192, "energy": 78.47191, "activity_lines": [ 94.109592, 91.047693, 86.878129, 82.658869 ] }, { "date": "2024-06-07", "close": 93.304817, "volume": 711693, "typical_volume": 633518.0, "trend": 77.635168, "fair_value": 58.892466, "relative_strength": 25.622222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.446639, "energy": 56.731622, "activity_lines": [ 94.189427, 91.981454, 87.868382, 83.763926 ] }, { "date": "2024-06-14", "close": 89.602364, "volume": 606316, "typical_volume": 647680.35, "trend": 78.845971, "fair_value": 59.148382, "relative_strength": 22.659113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.05084, "energy": 47.481886, "activity_lines": [ 92.802963, 91.972522, 88.397803, 84.536003 ] }, { "date": "2024-06-21", "close": 89.996223, "volume": 671719, "typical_volume": 666125.45, "trend": 79.807772, "fair_value": 59.403323, "relative_strength": 21.325045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.643074, "energy": 36.721333, "activity_lines": [ 91.739554, 91.908099, 88.879763, 85.255374 ] }, { "date": "2024-06-28", "close": 92.556297, "volume": 621351, "typical_volume": 677412.35, "trend": 80.736948, "fair_value": 59.675068, "relative_strength": 22.596218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.878946, "energy": 28.313909, "activity_lines": [ 91.754043, 92.182034, 89.494354, 86.077859 ] }, { "date": "2024-07-05", "close": 89.503922, "volume": 451993, "typical_volume": 674883.1, "trend": 81.636466, "fair_value": 59.917579, "relative_strength": 18.127299, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.261167, "energy": 20.519786, "activity_lines": [ 90.682867, 91.758273, 89.728566, 86.64347 ] }, { "date": "2024-07-12", "close": 87.436172, "volume": 426611, "typical_volume": 673904.8, "trend": 82.388419, "fair_value": 60.139503, "relative_strength": 13.544234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.633053, "energy": 16.938558, "activity_lines": [ 89.49735, 90.92321, 89.706626, 87.017645 ] }, { "date": "2024-07-19", "close": 86.696404, "volume": 307532, "typical_volume": 651556.95, "trend": 83.102606, "fair_value": 60.351959, "relative_strength": 11.364581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.667626, "energy": 15.014625, "activity_lines": [ 88.456486, 89.997033, 89.60048, 87.29558 ] }, { "date": "2024-07-26", "close": 87.287483, "volume": 307531, "typical_volume": 645604.4, "trend": 83.78407, "fair_value": 60.565733, "relative_strength": 12.257577, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.92608, "energy": 12.760319, "activity_lines": [ 87.806379, 89.283462, 89.540398, 87.565572 ] }, { "date": "2024-08-02", "close": 80.785271, "volume": 292870, "typical_volume": 645450.75, "trend": 84.10462, "fair_value": 60.724942, "relative_strength": 5.469857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.478297, "energy": 17.048256, "activity_lines": [ 85.169451, 87.498158, 88.843334, 87.372101 ] }, { "date": "2024-08-09", "close": 81.080833, "volume": 468091, "typical_volume": 643095.15, "trend": 84.546429, "fair_value": 60.883972, "relative_strength": 5.153333, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.679978, "energy": 28.591388, "activity_lines": [ 83.415779, 85.962009, 88.181102, 87.177018 ] }, { "date": "2024-08-16", "close": 79.464592, "volume": 478324, "typical_volume": 662394.6, "trend": 84.842617, "fair_value": 61.028008, "relative_strength": 0.612895, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.47116, "energy": 43.127107, "activity_lines": [ 81.684898, 84.441939, 87.368487, 86.849157 ] }, { "date": "2024-08-23", "close": 77.196968, "volume": 636101, "typical_volume": 668623.2, "trend": 85.023898, "fair_value": 61.152384, "relative_strength": -2.102806, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.560876, "energy": 55.910341, "activity_lines": [ 79.729582, 82.761214, 86.335224, 86.35589 ] }, { "date": "2024-08-30", "close": 78.873047, "volume": 437482, "typical_volume": 613953.85, "trend": 85.431433, "fair_value": 61.287657, "relative_strength": -0.779083, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.500514, "energy": 52.487468, "activity_lines": [ 78.966255, 81.610783, 85.487373, 85.959061 ] }, { "date": "2024-09-06", "close": 76.999802, "volume": 543799, "typical_volume": 602480.95, "trend": 85.540608, "fair_value": 61.406688, "relative_strength": 0.041829, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.23246, "energy": 64.949353, "activity_lines": [ 78.139475, 80.322002, 84.480795, 85.415084 ] }, { "date": "2024-09-13", "close": 79.26741, "volume": 351098, "typical_volume": 530345.95, "trend": 85.613965, "fair_value": 61.540979, "relative_strength": 0.848541, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.620638, "energy": 56.082238, "activity_lines": [ 78.320928, 79.728358, 83.726879, 85.010362 ] }, { "date": "2024-09-20", "close": 85.257103, "volume": 616250, "typical_volume": 527830.45, "trend": 85.637588, "fair_value": 61.717965, "relative_strength": 7.696344, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.061103, "energy": 27.475072, "activity_lines": [ 80.619842, 80.409868, 83.582897, 84.987339 ] }, { "date": "2024-09-27", "close": 87.329353, "volume": 362384, "typical_volume": 509735.0, "trend": 85.730287, "fair_value": 61.907679, "relative_strength": 9.51164, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.540872, "energy": 15.467353, "activity_lines": [ 83.223337, 81.50777, 83.658013, 85.096485 ] }, { "date": "2024-10-04", "close": 90.486992, "volume": 639640, "typical_volume": 520955.85, "trend": 85.961011, "fair_value": 62.117821, "relative_strength": 9.382666, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 14.094912, "energy": 21.906515, "activity_lines": [ 86.203887, 83.16828, 84.058379, 85.403369 ] }, { "date": "2024-10-11", "close": 85.059738, "volume": 451216, "typical_volume": 522043.5, "trend": 86.056705, "fair_value": 62.28528, "relative_strength": 2.208462, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 2.196359, "energy": 19.289944, "activity_lines": [ 86.601089, 83.783844, 83.955564, 85.345222 ] }, { "date": "2024-10-18", "close": 77.461227, "volume": 572348, "typical_volume": 497717.45, "trend": 85.911245, "fair_value": 62.395251, "relative_strength": -6.258573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.019023, "energy": 23.025997, "activity_lines": [ 83.928125, 82.940143, 83.159908, 84.790675 ] }, { "date": "2024-10-25", "close": 73.113914, "volume": 633212, "typical_volume": 493793.4, "trend": 85.732335, "fair_value": 62.472364, "relative_strength": -13.489496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.163429, "energy": 37.726809, "activity_lines": [ 79.926469, 81.371832, 82.048633, 83.965041 ] }, { "date": "2024-11-01", "close": 71.43428, "volume": 493455, "typical_volume": 488150.35, "trend": 85.359751, "fair_value": 62.536377, "relative_strength": -14.134073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.717175, "energy": 71.206199, "activity_lines": [ 76.17448, 79.6136, 80.87354, 83.042586 ] }, { "date": "2024-11-08", "close": 76.769608, "volume": 656140, "typical_volume": 487371.4, "trend": 85.151898, "fair_value": 62.637322, "relative_strength": -7.107352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.019873, "energy": 70.995054, "activity_lines": [ 75.260606, 78.930204, 80.293088, 82.488383 ] }, { "date": "2024-11-15", "close": 80.069641, "volume": 727914, "typical_volume": 492699.55, "trend": 84.997328, "fair_value": 62.760085, "relative_strength": -5.476991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.745002, "energy": 65.135853, "activity_lines": [ 76.361235, 78.885058, 80.089909, 82.160496 ] }, { "date": "2024-11-22", "close": 76.313293, "volume": 255981, "typical_volume": 482898.95, "trend": 84.622444, "fair_value": 62.854863, "relative_strength": -11.520961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.316302, "energy": 50.201128, "activity_lines": [ 76.542422, 78.101125, 79.588443, 81.600235 ] }, { "date": "2024-11-29", "close": 68.009773, "volume": 494431, "typical_volume": 486289.95, "trend": 83.89535, "fair_value": 62.890661, "relative_strength": -20.29107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.804677, "energy": 48.062277, "activity_lines": [ 74.032297, 75.861172, 78.358978, 80.52845 ] }, { "date": "2024-12-06", "close": 59.607395, "volume": 668580, "typical_volume": 504342.35, "trend": 82.799633, "fair_value": 62.868018, "relative_strength": -29.75035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.964079, "energy": 71.881687, "activity_lines": [ 69.061656, 72.407102, 76.421793, 78.961485 ] }, { "date": "2024-12-13", "close": 55.465477, "volume": 466518, "typical_volume": 512291.7, "trend": 81.536338, "fair_value": 62.817315, "relative_strength": -34.211534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.555799, "energy": 90.258989, "activity_lines": [ 63.498834, 68.703991, 74.219135, 77.197991 ] }, { "date": "2024-12-20", "close": 52.301666, "volume": 655010, "typical_volume": 530398.7, "trend": 80.22862, "fair_value": 62.74578, "relative_strength": -35.679668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.621195, "energy": 94.482046, "activity_lines": [ 58.301684, 65.062397, 71.866695, 75.311883 ] }, { "date": "2024-12-27", "close": 55.564346, "volume": 314829, "typical_volume": 522735.6, "trend": 78.809847, "fair_value": 62.697257, "relative_strength": -32.573115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.237915, "energy": 89.222595, "activity_lines": [ 56.043293, 62.609618, 69.960623, 73.72064 ] }, { "date": "2025-01-03", "close": 56.454155, "volume": 490658, "typical_volume": 523352.3, "trend": 77.581492, "fair_value": 62.655357, "relative_strength": -32.900553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.778535, "energy": 86.871849, "activity_lines": [ 55.464767, 60.716748, 68.260801, 72.278337 ] }, { "date": "2025-01-10", "close": 58.134941, "volume": 774487, "typical_volume": 530271.6, "trend": 76.532578, "fair_value": 62.625221, "relative_strength": -31.415381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.455134, "energy": 72.672347, "activity_lines": [ 56.216878, 59.432381, 66.830628, 71.023721 ] }, { "date": "2025-01-17", "close": 55.860947, "volume": 449208, "typical_volume": 530857.9, "trend": 75.394735, "fair_value": 62.580424, "relative_strength": -34.31564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.803225, "energy": 60.644746, "activity_lines": [ 56.309155, 57.976366, 65.274656, 69.690067 ] }, { "date": "2025-01-24", "close": 51.218643, "volume": 406336, "typical_volume": 523984.75, "trend": 74.016813, "fair_value": 62.505676, "relative_strength": -39.158723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.876992, "energy": 64.187568, "activity_lines": [ 54.827632, 56.056453, 63.38614, 68.13032 ] }, { "date": "2025-01-31", "close": 52.99844, "volume": 658924, "typical_volume": 539376.05, "trend": 72.799964, "fair_value": 62.443537, "relative_strength": -37.768817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.16044, "energy": 58.824081, "activity_lines": [ 54.011577, 54.984703, 61.789897, 66.774295 ] }, { "date": "2025-02-07", "close": 52.00967, "volume": 510401, "typical_volume": 534083.6, "trend": 71.61908, "fair_value": 62.375785, "relative_strength": -37.156414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.968642, "energy": 60.651118, "activity_lines": [ 53.036992, 54.157083, 60.224575, 65.432986 ] }, { "date": "2025-02-14", "close": 54.778252, "volume": 487148, "typical_volume": 540321.8, "trend": 70.555142, "fair_value": 62.326768, "relative_strength": -33.39365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.946251, "energy": 55.588691, "activity_lines": [ 53.281566, 54.123753, 59.081249, 64.346481 ] }, { "date": "2025-02-21", "close": 59.727154, "volume": 819343, "typical_volume": 549306.95, "trend": 69.636464, "fair_value": 62.310104, "relative_strength": -27.269362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.982017, "energy": 39.439559, "activity_lines": [ 55.399554, 55.078026, 58.564253, 63.647901 ] }, { "date": "2025-02-28", "close": 61.210445, "volume": 1341874, "typical_volume": 593839.85, "trend": 68.98397, "fair_value": 62.393718, "relative_strength": -24.262335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.259902, "energy": 26.646156, "activity_lines": [ 57.754225, 56.224503, 58.334997, 63.104287 ] }, { "date": "2025-03-07", "close": 60.617119, "volume": 1228707, "typical_volume": 626657.8, "trend": 68.301846, "fair_value": 62.478569, "relative_strength": -24.398851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.207211, "energy": 24.465096, "activity_lines": [ 59.245001, 57.101125, 58.162802, 62.56449 ] }, { "date": "2025-03-14", "close": 59.924927, "volume": 664472, "typical_volume": 628220.8, "trend": 67.650524, "fair_value": 62.54071, "relative_strength": -25.303904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.646904, "energy": 24.306997, "activity_lines": [ 59.997134, 57.760025, 58.004895, 62.024044 ] }, { "date": "2025-03-21", "close": 62.30328, "volume": 855654, "typical_volume": 646330.75, "trend": 67.154068, "fair_value": 62.612425, "relative_strength": -23.25695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.150185, "energy": 17.13168, "activity_lines": [ 61.014367, 58.788248, 58.136302, 61.67906 ] }, { "date": "2025-03-28", "close": 59.929829, "volume": 473775, "typical_volume": 637212.5, "trend": 66.522627, "fair_value": 62.681529, "relative_strength": -24.653091, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.197076, "energy": 14.08581, "activity_lines": [ 60.738782, 59.309146, 58.085146, 61.21298 ] }, { "date": "2025-04-04", "close": 47.963634, "volume": 691545, "typical_volume": 635394.05, "trend": 65.554755, "fair_value": 62.668885, "relative_strength": -33.960213, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.4944, "energy": 31.617326, "activity_lines": [ 56.460953, 57.580393, 56.974543, 60.015626 ] }, { "date": "2025-04-11", "close": 48.655895, "volume": 956657, "typical_volume": 670427.85, "trend": 64.534371, "fair_value": 62.659419, "relative_strength": -32.921906, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.829595, "energy": 46.514427, "activity_lines": [ 53.296999, 56.036688, 56.082755, 58.925377 ] }, { "date": "2025-04-18", "close": 47.90369, "volume": 361399, "typical_volume": 663776.25, "trend": 63.289257, "fair_value": 62.624966, "relative_strength": -35.041871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.518914, "energy": 64.918899, "activity_lines": [ 50.679725, 54.435173, 55.25103, 57.85243 ] }, { "date": "2025-04-25", "close": 54.732933, "volume": 547327, "typical_volume": 657713.6, "trend": 62.20271, "fair_value": 62.648154, "relative_strength": -25.492001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.973386, "energy": 56.118513, "activity_lines": [ 51.14028, 54.149993, 55.165453, 57.300409 ] }, { "date": "2025-05-02", "close": 55.623703, "volume": 256279, "typical_volume": 647201.65, "trend": 61.0406, "fair_value": 62.660668, "relative_strength": -26.165919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.172256, "energy": 38.730429, "activity_lines": [ 52.402449, 54.027595, 55.187922, 56.875957 ] }, { "date": "2025-05-09", "close": 55.425758, "volume": 271043, "typical_volume": 628003.3, "trend": 60.052801, "fair_value": 62.678215, "relative_strength": -25.378123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.986656, "energy": 24.541831, "activity_lines": [ 53.885712, 53.943816, 55.190787, 56.513709 ] }, { "date": "2025-05-16", "close": 59.780636, "volume": 463453, "typical_volume": 635434.5, "trend": 59.463448, "fair_value": 62.695952, "relative_strength": -21.764784, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.689898, "energy": 13.014567, "activity_lines": [ 56.323125, 54.757008, 55.593525, 56.49615 ] }, { "date": "2025-05-23", "close": 55.745747, "volume": 338988, "typical_volume": 627851.0, "trend": 58.884509, "fair_value": 62.706729, "relative_strength": -25.465198, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.533991, "energy": 16.91557, "activity_lines": [ 56.673926, 54.851794, 55.59191, 56.256298 ] }, { "date": "2025-05-30", "close": 60.201454, "volume": 361934, "typical_volume": 607223.35, "trend": 58.510082, "fair_value": 62.733464, "relative_strength": -19.170832, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.712474, "energy": 14.797667, "activity_lines": [ 57.987159, 55.832692, 56.018021, 56.341262 ] }, { "date": "2025-06-06", "close": 62.082748, "volume": 485775, "typical_volume": 609051.7, "trend": 58.02052, "fair_value": 62.787383, "relative_strength": -16.971726, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.013797, "energy": 30.278763, "activity_lines": [ 59.562922, 57.19386, 56.613463, 56.571757 ] }, { "date": "2025-06-13", "close": 64.162094, "volume": 674621, "typical_volume": 622465.95, "trend": 57.490268, "fair_value": 62.889918, "relative_strength": -15.58675, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.488433, "energy": 46.119359, "activity_lines": [ 61.401197, 58.893946, 57.377311, 56.967988 ] }, { "date": "2025-06-20", "close": 62.408913, "volume": 840464, "typical_volume": 631542.95, "trend": 57.026789, "fair_value": 62.987515, "relative_strength": -17.836891, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.178483, "energy": 57.150873, "activity_lines": [ 62.072656, 59.980754, 57.912553, 57.285319 ] }, { "date": "2025-06-27", "close": 59.139877, "volume": 556708, "typical_volume": 633858.3, "trend": 56.731126, "fair_value": 63.053445, "relative_strength": -19.443038, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.755619, "energy": 48.303148, "activity_lines": [ 61.479218, 60.223138, 58.091646, 57.421648 ] }, { "date": "2025-07-04", "close": 61.022041, "volume": 394887, "typical_volume": 629245.25, "trend": 56.77828, "fair_value": 63.144673, "relative_strength": -17.213684, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.120852, "energy": 41.436263, "activity_lines": [ 61.286893, 60.603439, 58.41604, 57.698481 ] }, { "date": "2025-07-11", "close": 67.361992, "volume": 658192, "typical_volume": 621187.7, "trend": 57.174831, "fair_value": 63.252597, "relative_strength": -7.576762, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.335597, "energy": 52.684674, "activity_lines": [ 63.153178, 62.022111, 59.314507, 58.381301 ] }, { "date": "2025-07-18", "close": 68.400246, "volume": 413667, "typical_volume": 574777.35, "trend": 57.71145, "fair_value": 63.363395, "relative_strength": -4.832728, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.740325, "energy": 58.356513, "activity_lines": [ 65.013599, 63.416132, 60.275498, 59.105521 ] }, { "date": "2025-07-25", "close": 70.481995, "volume": 936576, "typical_volume": 560170.8, "trend": 58.208705, "fair_value": 63.476196, "relative_strength": -1.054461, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.656193, "energy": 75.272165, "activity_lines": [ 67.285393, 64.952754, 61.400514, 59.929428 ] }, { "date": "2025-08-01", "close": 69.589821, "volume": 500264, "typical_volume": 551960.4, "trend": 58.646561, "fair_value": 63.584538, "relative_strength": -1.150257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.695489, "energy": 76.935767, "activity_lines": [ 68.72159, 66.132593, 62.393586, 60.663693 ] }, { "date": "2025-08-08", "close": 74.84375, "volume": 668008, "typical_volume": 542578.1, "trend": 59.203521, "fair_value": 63.725299, "relative_strength": 5.702117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.850372, "energy": 84.321694, "activity_lines": [ 71.212434, 68.01598, 63.841008, 61.708673 ] }, { "date": "2025-08-15", "close": 74.348091, "volume": 526053, "typical_volume": 545192.0, "trend": 59.819759, "fair_value": 63.888087, "relative_strength": 4.704712, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.351962, "energy": 83.618606, "activity_lines": [ 72.61661, 69.543024, 65.181509, 62.685742 ] }, { "date": "2025-08-22", "close": 76.668999, "volume": 402016, "typical_volume": 530715.55, "trend": 60.668104, "fair_value": 64.069534, "relative_strength": 6.379764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.077054, "energy": 84.262814, "activity_lines": [ 74.328683, 71.269046, 66.674389, 63.77279 ] }, { "date": "2025-08-29", "close": 75.47879, "volume": 467705, "typical_volume": 506267.95, "trend": 61.417449, "fair_value": 64.23705, "relative_strength": 6.292657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.666428, "energy": 79.900852, "activity_lines": [ 75.092769, 72.551267, 67.917225, 64.728318 ] }, { "date": "2025-09-05", "close": 79.247772, "volume": 568113, "typical_volume": 516603.65, "trend": 62.325386, "fair_value": 64.44889, "relative_strength": 13.358138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.348579, "energy": 77.47326, "activity_lines": [ 76.780063, 74.281124, 69.391283, 65.878661 ] }, { "date": "2025-09-12", "close": 84.306145, "volume": 685158, "typical_volume": 523495.2, "trend": 63.309649, "fair_value": 64.679924, "relative_strength": 18.784375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.973724, "energy": 86.652595, "activity_lines": [ 79.509618, 76.565087, 71.197833, 67.296775 ] }, { "date": "2025-09-19", "close": 87.880966, "volume": 959799, "typical_volume": 558671.2, "trend": 64.24811, "fair_value": 64.954036, "relative_strength": 24.89782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.047456, "energy": 90.589186, "activity_lines": [ 82.799954, 79.075669, 73.204017, 68.882021 ] }, { "date": "2025-09-26", "close": 87.086571, "volume": 855678, "typical_volume": 587902.95, "trend": 65.110647, "fair_value": 65.223056, "relative_strength": 23.05561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.576117, "energy": 89.065862, "activity_lines": [ 84.923299, 81.068745, 74.980939, 70.35547 ] }, { "date": "2025-10-03", "close": 81.426445, "volume": 1059356, "typical_volume": 617698.1, "trend": 65.804291, "fair_value": 65.43626, "relative_strength": 16.580321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.217696, "energy": 78.294777, "activity_lines": [ 84.465431, 81.692955, 76.068036, 71.408102 ] }, { "date": "2025-10-10", "close": 81.327133, "volume": 788473, "typical_volume": 640172.35, "trend": 66.517698, "fair_value": 65.651347, "relative_strength": 16.912071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.805993, "energy": 62.276747, "activity_lines": [ 83.577949, 82.100118, 77.042599, 72.409576 ] }, { "date": "2025-10-17", "close": 80.829536, "volume": 853353, "typical_volume": 664743.3, "trend": 67.13524, "fair_value": 65.840561, "relative_strength": 18.407091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.433743, "energy": 52.174305, "activity_lines": [ 82.385977, 82.203403, 77.847955, 73.33292 ] }, { "date": "2025-10-24", "close": 80.133591, "volume": 386626, "typical_volume": 659785.85, "trend": 67.808699, "fair_value": 66.045477, "relative_strength": 16.050326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.180891, "energy": 36.394654, "activity_lines": [ 81.193797, 82.071321, 78.488802, 74.171524 ] }, { "date": "2025-10-31", "close": 77.349792, "volume": 714642, "typical_volume": 661786.9, "trend": 68.788237, "fair_value": 66.214904, "relative_strength": 14.272223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.16793, "energy": 26.253256, "activity_lines": [ 79.590176, 81.327902, 78.778569, 74.787078 ] }, { "date": "2025-11-07", "close": 78.44342, "volume": 715149, "typical_volume": 655521.15, "trend": 69.781155, "fair_value": 66.402685, "relative_strength": 17.07625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.573066, "energy": 22.653325, "activity_lines": [ 79.000216, 80.770947, 79.109693, 75.409993 ] }, { "date": "2025-11-14", "close": 80.399834, "volume": 714830, "typical_volume": 663427.25, "trend": 70.86436, "fair_value": 66.609937, "relative_strength": 19.145846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.370061, "energy": 19.671697, "activity_lines": [ 79.261263, 80.515801, 79.550787, 76.095069 ] }, { "date": "2025-11-21", "close": 84.579033, "volume": 558194, "typical_volume": 671592.6, "trend": 71.85923, "fair_value": 66.842089, "relative_strength": 27.717076, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.245487, "energy": 30.278914, "activity_lines": [ 80.977196, 80.999563, 80.288661, 76.979887 ] }, { "date": "2025-11-28", "close": 92.539406, "volume": 982453, "typical_volume": 687805.65, "trend": 73.089753, "fair_value": 67.142283, "relative_strength": 36.805822, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.408247, "energy": 54.714512, "activity_lines": [ 85.09662, 82.925703, 81.672491, 78.314092 ] }, { "date": "2025-12-05", "close": 94.927513, "volume": 1519794, "typical_volume": 743112.0, "trend": 74.406478, "fair_value": 67.450854, "relative_strength": 37.307887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.495632, "energy": 82.095736, "activity_lines": [ 89.185025, 85.201346, 83.163867, 79.722979 ] }, { "date": "2025-12-12", "close": 90.946365, "volume": 673499, "typical_volume": 729958.15, "trend": 75.445336, "fair_value": 67.728863, "relative_strength": 29.718465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.016738, "energy": 79.085965, "activity_lines": [ 90.774533, 86.610582, 84.149765, 80.790069 ] }, { "date": "2025-12-19", "close": 89.551781, "volume": 477108, "typical_volume": 728800.35, "trend": 76.572204, "fair_value": 67.993522, "relative_strength": 25.45765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.118751, "energy": 77.727511, "activity_lines": [ 91.06565, 87.593167, 84.905397, 81.700162 ] }, { "date": "2025-12-26", "close": 88.754883, "volume": 120691, "typical_volume": 701434.5, "trend": 77.523985, "fair_value": 68.248031, "relative_strength": 23.080503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.005324, "energy": 58.675108, "activity_lines": [ 90.481004, 88.281323, 85.490077, 82.486141 ] }, { "date": "2026-01-02", "close": 88.456047, "volume": 293610, "typical_volume": 689812.35, "trend": 78.403095, "fair_value": 68.502516, "relative_strength": 19.745935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.906099, "energy": 42.279315, "activity_lines": [ 89.518357, 88.771047, 85.980052, 83.191436 ] }, { "date": "2026-01-09", "close": 92.938622, "volume": 849646, "typical_volume": 712193.85, "trend": 79.362312, "fair_value": 68.766831, "relative_strength": 24.943634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.032556, "energy": 42.87964, "activity_lines": [ 90.322125, 89.924468, 86.829759, 84.129212 ] }, { "date": "2026-01-16", "close": 91.842873, "volume": 873050, "typical_volume": 732461.1, "trend": 80.343444, "fair_value": 69.017821, "relative_strength": 18.896163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.139401, "energy": 39.572596, "activity_lines": [ 90.893236, 90.595228, 87.497634, 84.934409 ] }, { "date": "2026-01-23", "close": 93.76812, "volume": 730010, "typical_volume": 740555.95, "trend": 81.497719, "fair_value": 69.301316, "relative_strength": 21.571452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.254203, "energy": 43.443465, "activity_lines": [ 92.046329, 91.372407, 88.270942, 85.800517 ] }, { "date": "2026-01-30", "close": 103.344437, "volume": 2575157, "typical_volume": 835055.9, "trend": 82.908466, "fair_value": 69.629814, "relative_strength": 30.592678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.088647, "energy": 68.101894, "activity_lines": [ 96.110438, 93.647675, 89.887136, 87.209983 ] }, { "date": "2026-02-06", "close": 101.349373, "volume": 1026370, "typical_volume": 838384.45, "trend": 84.041378, "fair_value": 69.949305, "relative_strength": 24.062543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.133848, "energy": 74.34983, "activity_lines": [ 98.536889, 95.219015, 91.222665, 88.399719 ] }, { "date": "2026-02-13", "close": 111.324707, "volume": 1449516, "typical_volume": 868076.35, "trend": 85.472194, "fair_value": 70.345342, "relative_strength": 33.254575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.691062, "energy": 88.036917, "activity_lines": [ 103.428897, 98.44387, 93.44409, 90.159933 ] }, { "date": "2026-02-20", "close": 132.138062, "volume": 1542984, "typical_volume": 892257.75, "trend": 87.527396, "fair_value": 70.863456, "relative_strength": 51.107068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.292893, "energy": 97.841836, "activity_lines": [ 114.03295, 105.154842, 97.532321, 93.170635 ] }, { "date": "2026-02-27", "close": 140.721039, "volume": 1052237, "typical_volume": 905445.95, "trend": 89.898437, "fair_value": 71.377358, "relative_strength": 58.071052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.954365, "energy": 98.570042, "activity_lines": [ 124.81165, 112.677414, 102.196493, 96.602483 ] }, { "date": "2026-03-06", "close": 130.341629, "volume": 1410561, "typical_volume": 933306.35, "trend": 91.748366, "fair_value": 71.832286, "relative_strength": 43.844526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.403028, "energy": 90.410341, "activity_lines": [ 129.000352, 117.382471, 105.589323, 99.211721 ] }, { "date": "2026-03-13", "close": 122.75666, "volume": 1636481, "typical_volume": 995799.1, "trend": 93.361985, "fair_value": 72.251195, "relative_strength": 31.331698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.317088, "energy": 88.070765, "activity_lines": [ 128.860918, 119.95232, 108.024002, 101.212256 ] }, { "date": "2026-03-20", "close": 119.821045, "volume": 1228828, "typical_volume": 1021508.4, "trend": 94.800386, "fair_value": 72.639944, "relative_strength": 25.827488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.094366, "energy": 66.111621, "activity_lines": [ 126.315793, 121.364773, 109.976132, 102.919292 ] }, { "date": "2026-03-27", "close": 123.215973, "volume": 832109, "typical_volume": 1027356.4, "trend": 96.391626, "fair_value": 73.041633, "relative_strength": 27.267112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.420483, "energy": 54.877021, "activity_lines": [ 124.335888, 122.905715, 112.049344, 104.752556 ] }, { "date": "2026-04-03", "close": 128.208511, "volume": 242657, "typical_volume": 1003747.75, "trend": 98.02365, "fair_value": 73.484148, "relative_strength": 26.414801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.718, "energy": 47.554969, "activity_lines": [ 124.614969, 124.78397, 114.384834, 106.805258 ] }, { "date": "2026-04-10", "close": 126.810608, "volume": 984129, "typical_volume": 1025044.5, "trend": 99.440466, "fair_value": 73.915181, "relative_strength": 24.284008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.854305, "energy": 44.105437, "activity_lines": [ 125.26225, 125.781873, 116.35953, 108.662481 ] }, { "date": "2026-04-17", "close": 131.050125, "volume": 797552, "typical_volume": 1015799.45, "trend": 100.879438, "fair_value": 74.37087, "relative_strength": 31.651358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.252782, "energy": 51.6103, "activity_lines": [ 127.558105, 127.123939, 118.536886, 110.701814 ] }, { "date": "2026-04-24", "close": 124.068771, "volume": 647798, "typical_volume": 972199.65, "trend": 102.112178, "fair_value": 74.781807, "relative_strength": 21.877037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.941015, "energy": 44.561688, "activity_lines": [ 126.973945, 126.656655, 119.865967, 112.1979 ] }, { "date": "2026-05-01", "close": 126.66185, "volume": 470084, "typical_volume": 962028.9, "trend": 103.620025, "fair_value": 75.223229, "relative_strength": 21.734375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.448672, "energy": 41.513427, "activity_lines": [ 126.970962, 126.429129, 121.30324, 113.78175 ] }, { "date": "2026-05-08", "close": 146.409134, "volume": 2202968, "typical_volume": 1048321.9, "trend": 105.789425, "fair_value": 75.788716, "relative_strength": 42.177823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.863016, "energy": 55.244986, "activity_lines": [ 133.320683, 129.891586, 124.451134, 116.542337 ] }, { "date": "2026-05-15", "close": 145.611267, "volume": 873312, "typical_volume": 1085952.95, "trend": 107.948816, "fair_value": 76.349088, "relative_strength": 36.364704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.838722, "energy": 59.851824, "activity_lines": [ 138.191073, 133.105556, 127.25229, 119.111489 ] }, { "date": "2026-05-22", "close": 131.384583, "volume": 1941425, "typical_volume": 1168343.7, "trend": 109.657182, "fair_value": 76.824564, "relative_strength": 20.259298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.926252, "energy": 54.795414, "activity_lines": [ 137.065857, 133.455227, 128.42778, 120.623474 ] }, { "date": "2026-05-29", "close": 136.376404, "volume": 1358630, "typical_volume": 1193792.9, "trend": 111.624736, "fair_value": 77.343382, "relative_strength": 26.180234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.487179, "energy": 54.072484, "activity_lines": [ 137.582285, 134.55563, 129.874259, 122.347294 ] }, { "date": "2026-06-05", "close": 136.775742, "volume": 74716, "typical_volume": 1153876.2, "trend": 113.569147, "fair_value": 77.845856, "relative_strength": 25.026662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.427952, "energy": 44.825421, "activity_lines": [ 137.411316, 135.427633, 131.151924, 123.96994 ] }, { "date": "2026-06-12", "close": 142.556808, "volume": 189593, "typical_volume": 1126855.35, "trend": 115.641046, "fair_value": 78.374045, "relative_strength": 29.41945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.298046, "energy": 44.534772, "activity_lines": [ 138.49311, 137.104198, 132.766201, 125.840112 ] }, { "date": "2026-06-19", "close": 134.003433, "volume": 96148, "typical_volume": 1002904.9, "trend": 117.288526, "fair_value": 78.833543, "relative_strength": 23.129566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.814765, "energy": 36.479576, "activity_lines": [ 136.980601, 136.964726, 133.333543, 127.024782 ] }, { "date": "2026-06-26", "close": 131.407242, "volume": 153861, "typical_volume": 959279.45, "trend": 118.58412, "fair_value": 79.314206, "relative_strength": 22.545124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.27088, "energy": 27.165897, "activity_lines": [ 135.37655, 136.222441, 133.507635, 127.935667 ] }, { "date": "2026-07-03", "close": 146.584976, "volume": 129685, "typical_volume": 893287.9, "trend": 120.306036, "fair_value": 79.898463, "relative_strength": 31.940653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.698441, "energy": 40.433696, "activity_lines": [ 138.830234, 138.233251, 134.984091, 129.742173 ] }, { "date": "2026-07-10", "close": 145.586441, "volume": 468472, "typical_volume": 839562.3, "trend": 122.127372, "fair_value": 80.475059, "relative_strength": 30.335919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.189291, "energy": 39.683514, "activity_lines": [ 141.270501, 139.653123, 136.197543, 131.373167 ] }, { "date": "2026-07-17", "close": 142.0, "volume": 752507, "typical_volume": 824575.8, "trend": 123.875646, "fair_value": 81.019844, "relative_strength": 24.256327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.308666, "energy": 37.593967, "activity_lines": [ 141.927907, 140.076831, 137.00539, 132.655272 ] }, { "date": "2026-07-24", "close": 154.600006, "volume": 605830, "typical_volume": 784339.25, "trend": 126.070483, "fair_value": 81.640356, "relative_strength": 30.46439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.251158, "energy": 61.708447, "activity_lines": [ 146.822436, 142.871616, 139.007147, 134.637489 ] }, { "date": "2026-07-31", "close": 147.800003, "volume": 555130, "typical_volume": 730271.7, "trend": 128.048615, "fair_value": 82.192074, "relative_strength": 22.877321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.166814, "energy": 50.327302, "activity_lines": [ 148.077193, 144.266605, 140.245768, 136.039394 ] }, { "date": "2026-08-07", "close": 149.600006, "volume": 694313, "typical_volume": 703545.95, "trend": 129.937328, "fair_value": 82.774234, "relative_strength": 22.790069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.607526, "energy": 50.665842, "activity_lines": [ 148.8391, 145.690405, 141.536564, 137.429806 ] } ], "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." } } }