{ "ticker": { "uuid": "9a318692-a9b0-42ee-8161-0375457f6f32", "symbol": "LBRDK", "name": "Liberty Broadband Srs C", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -44.502, "architecture_energy": 33.356, "architecture_maturity": 75.766, "architecture_confidence": 86.036, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.23, "rotation_up": 27.6, "upward_expansion": 21.87, "deceleration": 43.77, "rotation_down": 36.15, "downward_expansion": 62.87 }, "activity_lines": [ 32.978667, 32.196364, 33.774095, 37.439376 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 35.88, "trend_reference": 41.819, "distance_from_trend": -0.142017, "trend_direction": "Weakening", "fair_value": 59.838082, "distance_from_fair_value": -0.400382, "fair_value_direction": "Improving", "relative_strength": -34.775347, "relative_strength_direction": "Improving", "price_momentum": -0.332589, "excess_performance": -0.520043, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.142017, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.114192, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.400382, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.027038, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.347753, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.15201, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.332589, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.970102, "read": "Supply-led" } ], "volume": { "latest": 8207807, "relative_activity": 0.925962, "balance": 0.970102, "dry_up": 0.972577, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.116049, "annualized_volatility": 0.610642, "from_high_reference": -0.454089, "from_low_reference": 0.366857 }, "levels": { "trend_reference": 41.819, "fair_value_reference": 59.838082, "structural_low": 26.25, "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": 34, "median_return": 0.008811, "positive_rate": 0.529412, "directional_follow_through": 0.470588, "median_excess_return": -0.015441, "regime_survival": 0.882353, "best_return": 0.200807, "worst_return": -0.201937, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.108966, "positive_rate": 0.272727, "directional_follow_through": 0.727273, "median_excess_return": -0.02903, "regime_survival": 0.636364, "best_return": 0.155404, "worst_return": -0.364219, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.183704, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.189226, "regime_survival": 0.5, "best_return": 0.023697, "worst_return": -0.276404, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.142371, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.283934, "regime_survival": 0.333333, "best_return": -0.038215, "worst_return": -0.409499, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-09-06", "tenure": "New", "return": -0.027894, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.277215, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-12-06", "tenure": "Developing", "return": 0.110255, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-04-25", "tenure": "Established", "return": 0.046735, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.1311, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": -0.040661, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.045757, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": -0.153985, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.012477, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-05", "end": "2026-02-13", "tenure": "Established", "return": -0.073024, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.019224, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.062454, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": -0.189572, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.006094, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 78.373198, "volume": 3379359, "typical_volume": 3871053.7, "trend": 72.299764, "fair_value": 112.344876, "relative_strength": -8.285468, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.767215, "energy": 68.417488, "activity_lines": [ 79.043294, 76.270182, 72.537334, 71.814109 ] }, { "date": "2023-08-25", "close": 77.699603, "volume": 2387991, "typical_volume": 3852195.9, "trend": 72.221032, "fair_value": 112.049295, "relative_strength": -9.913511, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.844596, "energy": 62.20831, "activity_lines": [ 78.772689, 77.035552, 73.201972, 72.162486 ] }, { "date": "2023-09-01", "close": 79.842859, "volume": 4527391, "typical_volume": 3951119.85, "trend": 72.145799, "fair_value": 111.793978, "relative_strength": -10.126451, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.226949, "energy": 58.947887, "activity_lines": [ 79.15935, 77.996239, 74.035572, 72.654217 ] }, { "date": "2023-09-08", "close": 78.626889, "volume": 2179082, "typical_volume": 3907173.75, "trend": 72.075232, "fair_value": 111.527669, "relative_strength": -9.768169, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.479522, "energy": 44.824183, "activity_lines": [ 78.913823, 78.409621, 74.697794, 73.072352 ] }, { "date": "2023-09-15", "close": 80.323999, "volume": 3969235, "typical_volume": 3773987.9, "trend": 72.057736, "fair_value": 111.248462, "relative_strength": -6.909791, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.52472, "energy": 45.548697, "activity_lines": [ 79.295235, 78.976173, 75.462368, 73.60453 ] }, { "date": "2023-09-22", "close": 80.936358, "volume": 3057236, "typical_volume": 3724525.45, "trend": 72.176125, "fair_value": 110.980751, "relative_strength": -2.711616, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.409949, "energy": 48.191396, "activity_lines": [ 79.949585, 79.491668, 76.255936, 74.177344 ] }, { "date": "2023-09-29", "close": 79.886599, "volume": 3293902, "typical_volume": 3761370.45, "trend": 72.298889, "fair_value": 110.691787, "relative_strength": -3.909116, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.440374, "energy": 45.557776, "activity_lines": [ 80.083137, 79.653108, 76.897871, 74.674794 ] }, { "date": "2023-10-06", "close": 78.513166, "volume": 2473256, "typical_volume": 3709256.5, "trend": 72.676802, "fair_value": 110.36929, "relative_strength": -6.971201, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.664595, "energy": 41.372556, "activity_lines": [ 79.613079, 79.509482, 77.349225, 75.075716 ] }, { "date": "2023-10-13", "close": 81.076325, "volume": 2446320, "typical_volume": 3697430.6, "trend": 73.055881, "fair_value": 110.055652, "relative_strength": -3.815288, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.507988, "energy": 41.807537, "activity_lines": [ 80.086053, 79.794189, 77.993827, 75.61762 ] }, { "date": "2023-10-20", "close": 78.670629, "volume": 3293011, "typical_volume": 3616285.3, "trend": 73.382181, "fair_value": 109.774931, "relative_strength": -3.712197, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.568736, "energy": 30.169279, "activity_lines": [ 79.593833, 79.613662, 78.335748, 75.979862 ] }, { "date": "2023-10-27", "close": 67.823128, "volume": 4523615, "typical_volume": 3609437.7, "trend": 73.260584, "fair_value": 109.41503, "relative_strength": -14.265045, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -10.967161, "energy": 15.563513, "activity_lines": [ 75.596004, 77.509692, 77.580422, 75.621213 ] }, { "date": "2023-11-03", "close": 75.363891, "volume": 5406647, "typical_volume": 3646932.55, "trend": 73.428837, "fair_value": 109.041783, "relative_strength": -10.057667, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 11.063289, "energy": 17.826922, "activity_lines": [ 74.985978, 76.96859, 77.527934, 75.756911 ] }, { "date": "2023-11-10", "close": 72.37208, "volume": 4153386, "typical_volume": 3599519.0, "trend": 73.568804, "fair_value": 108.649806, "relative_strength": -15.447356, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -2.213322, "energy": 21.594323, "activity_lines": [ 73.680195, 75.925989, 77.150729, 75.688733 ] }, { "date": "2023-11-17", "close": 72.896959, "volume": 3408693, "typical_volume": 3503495.75, "trend": 73.792753, "fair_value": 108.220033, "relative_strength": -15.96521, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.006994, "energy": 29.501316, "activity_lines": [ 72.958778, 75.114653, 76.77365, 75.645388 ] }, { "date": "2023-11-24", "close": 73.071919, "volume": 2842232, "typical_volume": 3530643.05, "trend": 73.756303, "fair_value": 107.802597, "relative_strength": -15.867744, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.496991, "energy": 33.129663, "activity_lines": [ 72.840972, 74.439308, 76.399819, 75.598883 ] }, { "date": "2023-12-01", "close": 73.710522, "volume": 6292167, "typical_volume": 3691312.85, "trend": 73.877025, "fair_value": 107.360151, "relative_strength": -14.609867, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.977323, "energy": 22.754385, "activity_lines": [ 73.309281, 74.01193, 76.07881, 75.595929 ] }, { "date": "2023-12-08", "close": 66.134767, "volume": 6005813, "typical_volume": 3793994.75, "trend": 73.837076, "fair_value": 106.877386, "relative_strength": -23.109369, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.483626, "energy": 41.155987, "activity_lines": [ 70.859845, 72.33852, 75.027968, 75.096428 ] }, { "date": "2023-12-15", "close": 67.718152, "volume": 6081513, "typical_volume": 3819347.2, "trend": 73.833285, "fair_value": 106.426135, "relative_strength": -23.44716, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.466881, "energy": 43.770819, "activity_lines": [ 69.553479, 71.203031, 74.178914, 74.701659 ] }, { "date": "2023-12-22", "close": 68.636691, "volume": 5673287, "typical_volume": 3901705.45, "trend": 73.933595, "fair_value": 105.972081, "relative_strength": -22.604697, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.483351, "energy": 47.946477, "activity_lines": [ 68.863555, 70.430823, 73.458872, 74.366395 ] }, { "date": "2023-12-29", "close": 70.500011, "volume": 2946349, "typical_volume": 3917024.25, "trend": 74.110305, "fair_value": 105.535916, "relative_strength": -20.200408, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.88462, "energy": 48.398215, "activity_lines": [ 69.078755, 70.223575, 72.968234, 74.144873 ] }, { "date": "2024-01-05", "close": 67.368233, "volume": 3754054, "typical_volume": 3935759.0, "trend": 74.20245, "fair_value": 105.107264, "relative_strength": -20.544662, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.392236, "energy": 50.040125, "activity_lines": [ 68.42149, 69.59547, 72.231029, 73.709901 ] }, { "date": "2024-01-12", "close": 66.843354, "volume": 3218169, "typical_volume": 3977267.9, "trend": 74.19691, "fair_value": 104.691231, "relative_strength": -22.840454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.952941, "energy": 44.774344, "activity_lines": [ 68.012085, 68.880203, 71.49624, 73.235121 ] }, { "date": "2024-01-19", "close": 68.339259, "volume": 2787309, "typical_volume": 3890263.8, "trend": 74.411527, "fair_value": 104.262523, "relative_strength": -22.430009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.183301, "energy": 37.787913, "activity_lines": [ 68.054075, 68.591837, 70.955615, 72.857208 ] }, { "date": "2024-01-26", "close": 70.37754, "volume": 3696638, "typical_volume": 3966141.6, "trend": 74.421442, "fair_value": 103.894659, "relative_strength": -19.830527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.337375, "energy": 36.381945, "activity_lines": [ 68.734085, 68.747392, 70.66389, 72.59695 ] }, { "date": "2024-02-02", "close": 58.506524, "volume": 5532728, "typical_volume": 4044316.25, "trend": 73.991915, "fair_value": 103.436343, "relative_strength": -33.334026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.081256, "energy": 69.468728, "activity_lines": [ 65.341033, 66.790389, 69.280876, 71.570182 ] }, { "date": "2024-02-09", "close": 53.345213, "volume": 11580614, "typical_volume": 4470485.15, "trend": 73.371392, "fair_value": 102.939334, "relative_strength": -39.484461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.418511, "energy": 88.966461, "activity_lines": [ 61.02711, 64.15979, 67.5102, 70.238136 ] }, { "date": "2024-02-16", "close": 52.811586, "volume": 8148738, "typical_volume": 4713226.95, "trend": 72.570368, "fair_value": 102.442382, "relative_strength": -38.319829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.109878, "energy": 93.46979, "activity_lines": [ 57.47018, 61.802447, 65.820089, 68.911697 ] }, { "date": "2024-02-23", "close": 54.237507, "volume": 7191608, "typical_volume": 4949144.55, "trend": 71.830288, "fair_value": 101.951653, "relative_strength": -36.680624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.185527, "energy": 89.535582, "activity_lines": [ 55.324007, 59.946601, 64.394709, 67.728932 ] }, { "date": "2024-03-01", "close": 52.820334, "volume": 6996609, "typical_volume": 5176659.0, "trend": 70.939452, "fair_value": 101.434569, "relative_strength": -38.730887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.158282, "energy": 89.249391, "activity_lines": [ 53.64556, 58.078191, 62.949959, 66.502483 ] }, { "date": "2024-03-08", "close": 49.767287, "volume": 6507518, "typical_volume": 5337384.35, "trend": 69.886486, "fair_value": 100.893315, "relative_strength": -40.692116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.360403, "energy": 91.770528, "activity_lines": [ 52.119912, 55.942251, 61.348994, 65.136537 ] }, { "date": "2024-03-15", "close": 50.18719, "volume": 8351165, "typical_volume": 5528761.85, "trend": 68.946952, "fair_value": 100.352566, "relative_strength": -38.785528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.65282, "energy": 86.731177, "activity_lines": [ 51.316847, 54.259616, 59.925655, 63.865615 ] }, { "date": "2024-03-22", "close": 48.988716, "volume": 6644567, "typical_volume": 5590657.85, "trend": 67.989923, "fair_value": 99.804191, "relative_strength": -41.315465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.538719, "energy": 80.910792, "activity_lines": [ 50.324825, 52.671459, 58.472157, 62.577987 ] }, { "date": "2024-03-29", "close": 50.064718, "volume": 6615895, "typical_volume": 5713783.3, "trend": 66.997318, "fair_value": 99.288789, "relative_strength": -39.007502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.493095, "energy": 71.035723, "activity_lines": [ 49.946329, 51.603568, 57.246731, 61.421522 ] }, { "date": "2024-04-05", "close": 44.885911, "volume": 7258891, "typical_volume": 5906293.2, "trend": 65.872619, "fair_value": 98.745573, "relative_strength": -44.176581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.0654, "energy": 72.105693, "activity_lines": [ 48.119749, 49.926341, 55.63431, 59.994979 ] }, { "date": "2024-04-12", "close": 42.497711, "volume": 4908678, "typical_volume": 6009615.5, "trend": 64.611743, "fair_value": 98.146728, "relative_strength": -46.210172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.096623, "energy": 72.841453, "activity_lines": [ 46.026065, 48.27838, 53.927829, 58.486921 ] }, { "date": "2024-04-19", "close": 43.634949, "volume": 5177925, "typical_volume": 5953903.4, "trend": 63.368362, "fair_value": 97.531285, "relative_strength": -40.962258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.259216, "energy": 71.427673, "activity_lines": [ 44.796098, 47.128258, 52.475246, 57.133579 ] }, { "date": "2024-04-26", "close": 43.083826, "volume": 5998598, "typical_volume": 5953542.65, "trend": 62.141603, "fair_value": 96.894981, "relative_strength": -43.112166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.960417, "energy": 71.685536, "activity_lines": [ 43.81924, 46.054483, 51.113393, 55.8249 ] }, { "date": "2024-05-03", "close": 45.384546, "volume": 5031332, "typical_volume": 5901033.6, "trend": 61.037316, "fair_value": 96.252958, "relative_strength": -39.939503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.427686, "energy": 76.308634, "activity_lines": [ 44.002948, 45.575888, 50.080423, 54.743799 ] }, { "date": "2024-05-10", "close": 46.416809, "volume": 7083909, "typical_volume": 5971564.7, "trend": 59.881999, "fair_value": 95.616149, "relative_strength": -38.785325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.315379, "energy": 64.023061, "activity_lines": [ 44.842754, 45.445941, 49.252114, 53.800541 ] }, { "date": "2024-05-17", "close": 46.722988, "volume": 5653201, "typical_volume": 6106907.3, "trend": 58.817077, "fair_value": 94.994594, "relative_strength": -39.024422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.832317, "energy": 55.671076, "activity_lines": [ 45.682561, 45.488091, 48.558773, 52.951572 ] }, { "date": "2024-05-24", "close": 44.929651, "volume": 5203294, "typical_volume": 6179369.3, "trend": 58.053961, "fair_value": 94.350103, "relative_strength": -41.550921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.098869, "energy": 50.612264, "activity_lines": [ 45.642903, 45.25953, 47.807863, 52.055609 ] }, { "date": "2024-05-31", "close": 47.317851, "volume": 12111046, "typical_volume": 6624013.15, "trend": 57.119093, "fair_value": 93.745034, "relative_strength": -36.876171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.259723, "energy": 41.086529, "activity_lines": [ 46.312999, 45.560778, 47.391251, 51.362957 ] }, { "date": "2024-06-07", "close": 45.174595, "volume": 6091311, "typical_volume": 6789213.25, "trend": 56.212511, "fair_value": 93.125217, "relative_strength": -40.741551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.227534, "energy": 42.406476, "activity_lines": [ 45.986408, 45.502724, 46.863497, 50.592344 ] }, { "date": "2024-06-14", "close": 43.932381, "volume": 4570875, "typical_volume": 6832925.1, "trend": 55.247025, "fair_value": 92.504783, "relative_strength": -43.720464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.211669, "energy": 50.448148, "activity_lines": [ 45.259742, 45.307723, 46.327746, 49.800078 ] }, { "date": "2024-06-21", "close": 46.049393, "volume": 4001922, "typical_volume": 6756384.8, "trend": 54.346274, "fair_value": 91.829337, "relative_strength": -40.598949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.250848, "energy": 40.745424, "activity_lines": [ 45.404375, 45.514971, 46.119544, 49.206682 ] }, { "date": "2024-06-28", "close": 47.956454, "volume": 5747006, "typical_volume": 6464704.4, "trend": 53.487805, "fair_value": 91.147667, "relative_strength": -37.423653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.695158, "energy": 30.040784, "activity_lines": [ 46.229602, 46.004381, 46.152286, 48.794436 ] }, { "date": "2024-07-05", "close": 47.580291, "volume": 2569465, "typical_volume": 6185740.75, "trend": 52.869322, "fair_value": 90.450913, "relative_strength": -39.315635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.806159, "energy": 19.49666, "activity_lines": [ 46.727654, 46.346825, 46.174864, 48.413306 ] }, { "date": "2024-07-12", "close": 48.367609, "volume": 3708328, "typical_volume": 6011576.75, "trend": 52.224304, "fair_value": 89.794758, "relative_strength": -37.433301, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.439806, "energy": 16.145563, "activity_lines": [ 47.470649, 46.750664, 46.297336, 48.122873 ] }, { "date": "2024-07-19", "close": 49.749791, "volume": 3572970, "typical_volume": 5840394.8, "trend": 51.594741, "fair_value": 89.120546, "relative_strength": -32.147887, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.834212, "energy": 16.023303, "activity_lines": [ 48.461504, 47.351571, 46.579396, 47.963227 ] }, { "date": "2024-07-26", "close": 56.660699, "volume": 5384307, "typical_volume": 5784234.25, "trend": 51.133431, "fair_value": 88.488448, "relative_strength": -19.892188, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.545456, "energy": 50.659385, "activity_lines": [ 51.368168, 49.148407, 47.53426, 48.290063 ] }, { "date": "2024-08-02", "close": 57.789189, "volume": 5297795, "typical_volume": 5631565.75, "trend": 50.814129, "fair_value": 87.835377, "relative_strength": -14.779731, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.748212, "energy": 69.690617, "activity_lines": [ 53.943575, 50.969737, 48.563772, 48.719466 ] }, { "date": "2024-08-09", "close": 56.564471, "volume": 3933989, "typical_volume": 5496036.85, "trend": 50.4715, "fair_value": 87.169633, "relative_strength": -15.842702, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.13627, "energy": 74.879083, "activity_lines": [ 55.455227, 52.334582, 49.440445, 49.090456 ] }, { "date": "2024-08-16", "close": 54.814874, "volume": 3875471, "typical_volume": 5359015.65, "trend": 50.020687, "fair_value": 86.472374, "relative_strength": -21.612326, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.829403, "energy": 72.667659, "activity_lines": [ 55.784734, 53.213198, 50.114415, 49.370674 ] }, { "date": "2024-08-23", "close": 54.351231, "volume": 3826300, "typical_volume": 5187386.1, "trend": 49.486477, "fair_value": 85.758011, "relative_strength": -22.044533, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.068719, "energy": 74.199243, "activity_lines": [ 55.529876, 53.832237, 50.721609, 49.650064 ] }, { "date": "2024-08-30", "close": 54.569931, "volume": 3389039, "typical_volume": 5111404.15, "trend": 49.355257, "fair_value": 85.037873, "relative_strength": -20.077347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.254676, "energy": 49.772129, "activity_lines": [ 55.041155, 54.301606, 51.304558, 49.978029 ] }, { "date": "2024-09-06", "close": 53.047781, "volume": 3550119, "typical_volume": 5030013.85, "trend": 49.345342, "fair_value": 84.351212, "relative_strength": -16.474904, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.525453, "energy": 34.840477, "activity_lines": [ 54.184436, 54.339302, 51.685053, 50.216256 ] }, { "date": "2024-09-13", "close": 53.520172, "volume": 2981725, "typical_volume": 4879170.2, "trend": 49.368962, "fair_value": 83.698085, "relative_strength": -19.298739, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.371312, "energy": 28.801732, "activity_lines": [ 53.801274, 54.370317, 52.065716, 50.4856 ] }, { "date": "2024-09-20", "close": 52.767846, "volume": 4361323, "typical_volume": 4845669.75, "trend": 49.319973, "fair_value": 83.051183, "relative_strength": -20.308079, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.224358, "energy": 23.26633, "activity_lines": [ 53.37029, 54.156549, 52.325031, 50.704883 ] }, { "date": "2024-09-27", "close": 68.356755, "volume": 13936758, "typical_volume": 5188312.2, "trend": 49.837854, "fair_value": 82.505107, "relative_strength": 3.393801, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 84.757343, "energy": 56.710867, "activity_lines": [ 58.272078, 56.697122, 54.033846, 51.933062 ] }, { "date": "2024-10-04", "close": 68.155551, "volume": 6340692, "typical_volume": 5222686.75, "trend": 50.450796, "fair_value": 81.997107, "relative_strength": 4.102302, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.901377, "energy": 85.949925, "activity_lines": [ 62.173096, 58.862805, 55.619022, 53.114849 ] }, { "date": "2024-10-11", "close": 69.109082, "volume": 4378472, "typical_volume": 5181445.65, "trend": 51.081526, "fair_value": 81.503575, "relative_strength": 5.526189, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.054757, "energy": 91.61208, "activity_lines": [ 65.48625, 60.99286, 57.192951, 54.318609 ] }, { "date": "2024-10-18", "close": 69.721441, "volume": 4313994, "typical_volume": 4791593.05, "trend": 51.772617, "fair_value": 80.963274, "relative_strength": 7.505181, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.564365, "energy": 90.806341, "activity_lines": [ 67.932769, 63.028437, 58.71006, 55.521185 ] }, { "date": "2024-10-25", "close": 71.637249, "volume": 3401948, "typical_volume": 4657124.9, "trend": 52.491701, "fair_value": 80.51152, "relative_strength": 11.135387, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.646083, "energy": 91.579348, "activity_lines": [ 69.937807, 65.173125, 60.302943, 56.802774 ] }, { "date": "2024-11-01", "close": 78.644385, "volume": 6041357, "typical_volume": 4730649.0, "trend": 53.616983, "fair_value": 80.068625, "relative_strength": 24.811113, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.403314, "energy": 95.735084, "activity_lines": [ 73.020597, 68.285976, 62.43716, 58.490044 ] }, { "date": "2024-11-08", "close": 85.564042, "volume": 8222367, "typical_volume": 4941671.25, "trend": 55.052528, "fair_value": 79.679171, "relative_strength": 29.241063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.242996, "energy": 96.186845, "activity_lines": [ 77.724097, 72.215253, 65.065097, 60.551144 ] }, { "date": "2024-11-15", "close": 77.262204, "volume": 13305247, "typical_volume": 5319583.3, "trend": 56.173436, "fair_value": 79.244351, "relative_strength": 21.457089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.870324, "energy": 72.945681, "activity_lines": [ 78.499752, 74.071575, 66.714217, 61.984027 ] }, { "date": "2024-11-22", "close": 76.037486, "volume": 6064627, "typical_volume": 5494341.4, "trend": 57.271892, "fair_value": 78.828374, "relative_strength": 18.035963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.278829, "energy": 66.468234, "activity_lines": [ 78.323626, 75.264959, 68.107146, 63.265578 ] }, { "date": "2024-11-29", "close": 74.480345, "volume": 4327736, "typical_volume": 5525311.8, "trend": 58.241752, "fair_value": 78.401685, "relative_strength": 15.493783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.663891, "energy": 62.100722, "activity_lines": [ 77.207383, 75.765821, 69.216265, 64.375801 ] }, { "date": "2024-12-06", "close": 75.670071, "volume": 5760583, "typical_volume": 5634692.45, "trend": 59.21686, "fair_value": 78.049635, "relative_strength": 14.059635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.730287, "energy": 50.730772, "activity_lines": [ 76.298176, 76.088224, 70.314346, 65.500209 ] }, { "date": "2024-12-13", "close": 72.065901, "volume": 5436035, "typical_volume": 5637278.85, "trend": 60.061624, "fair_value": 77.639545, "relative_strength": 8.332913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.883946, "energy": 35.614807, "activity_lines": [ 74.385867, 75.622354, 70.945742, 66.329179 ] }, { "date": "2024-12-20", "close": 67.796884, "volume": 5777794, "typical_volume": 5661278.8, "trend": 60.823865, "fair_value": 77.18336, "relative_strength": 4.861831, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.152863, "energy": 23.83524, "activity_lines": [ 71.950428, 74.309202, 71.097207, 66.828228 ] }, { "date": "2024-12-27", "close": 66.449694, "volume": 2656421, "typical_volume": 5597400.4, "trend": 61.461593, "fair_value": 76.705922, "relative_strength": 2.575433, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.03681, "energy": 26.206324, "activity_lines": [ 69.696946, 72.774965, 71.072713, 67.191185 ] }, { "date": "2025-01-03", "close": 67.884364, "volume": 2117750, "typical_volume": 5509514.35, "trend": 62.218586, "fair_value": 76.288822, "relative_strength": 6.252, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.098218, "energy": 26.789996, "activity_lines": [ 68.560875, 71.561063, 71.137781, 67.605557 ] }, { "date": "2025-01-10", "close": 64.288942, "volume": 3190536, "typical_volume": 5477726.15, "trend": 62.897138, "fair_value": 75.854563, "relative_strength": 3.488682, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.000681, "energy": 24.252009, "activity_lines": [ 66.666061, 69.761682, 70.798193, 67.739129 ] }, { "date": "2025-01-17", "close": 66.922085, "volume": 4609023, "typical_volume": 5538725.35, "trend": 63.592894, "fair_value": 75.490008, "relative_strength": 5.300983, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.20803, "energy": 21.558833, "activity_lines": [ 66.407704, 68.702062, 70.662057, 67.998803 ] }, { "date": "2025-01-24", "close": 71.02489, "volume": 4077368, "typical_volume": 5565087.8, "trend": 64.361842, "fair_value": 75.11962, "relative_strength": 10.667357, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.705554, "energy": 15.055758, "activity_lines": [ 67.859869, 68.727351, 70.857846, 68.478286 ] }, { "date": "2025-01-31", "close": 67.062053, "volume": 5152098, "typical_volume": 5673606.45, "trend": 65.011234, "fair_value": 74.691698, "relative_strength": 6.109074, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.6626, "energy": 11.674862, "activity_lines": [ 67.775889, 68.145531, 70.590615, 68.652493 ] }, { "date": "2025-02-07", "close": 67.98934, "volume": 2875853, "typical_volume": 5599332.95, "trend": 65.665292, "fair_value": 74.273085, "relative_strength": 7.323227, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.581318, "energy": 11.714251, "activity_lines": [ 67.96018, 67.895498, 70.347213, 68.844629 ] }, { "date": "2025-02-14", "close": 71.366062, "volume": 3802042, "typical_volume": 5092597.15, "trend": 66.385834, "fair_value": 73.899052, "relative_strength": 9.30514, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.712465, "energy": 21.433311, "activity_lines": [ 69.263046, 68.377432, 70.35292, 69.212421 ] }, { "date": "2025-02-21", "close": 71.173606, "volume": 2461129, "typical_volume": 4898619.0, "trend": 66.869598, "fair_value": 73.529394, "relative_strength": 11.328284, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 35.081051, "energy": 20.47473, "activity_lines": [ 70.029953, 68.902629, 70.325968, 69.521309 ] }, { "date": "2025-02-28", "close": 71.960925, "volume": 5368642, "typical_volume": 4948127.5, "trend": 67.341989, "fair_value": 73.22899, "relative_strength": 16.115807, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.436994, "energy": 26.55919, "activity_lines": [ 70.775865, 69.587199, 70.359627, 69.849782 ] }, { "date": "2025-03-07", "close": 76.221194, "volume": 5147503, "typical_volume": 4989802.95, "trend": 67.997213, "fair_value": 72.942269, "relative_strength": 26.271096, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.109117, "energy": 43.553406, "activity_lines": [ 72.879463, 70.970653, 70.785446, 70.422634 ] }, { "date": "2025-03-14", "close": 71.191102, "volume": 4724608, "typical_volume": 5055935.95, "trend": 68.543087, "fair_value": 72.60665, "relative_strength": 20.315925, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.03963, "energy": 34.224282, "activity_lines": [ 72.695756, 71.261881, 70.701257, 70.628691 ] }, { "date": "2025-03-21", "close": 73.211887, "volume": 3975944, "typical_volume": 4952665.3, "trend": 69.171776, "fair_value": 72.30333, "relative_strength": 22.624502, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.791134, "energy": 38.980819, "activity_lines": [ 72.972192, 71.860403, 70.811648, 70.929904 ] }, { "date": "2025-03-28", "close": 74.471597, "volume": 3532689, "typical_volume": 4718181.4, "trend": 69.835165, "fair_value": 72.002197, "relative_strength": 26.823618, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.79452, "energy": 44.179355, "activity_lines": [ 73.545477, 72.525727, 71.067881, 71.271828 ] }, { "date": "2025-04-04", "close": 67.446965, "volume": 5031968, "typical_volume": 4304517.45, "trend": 70.315137, "fair_value": 71.655026, "relative_strength": 26.327892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.555415, "energy": 5.672428, "activity_lines": [ 71.557351, 71.776581, 70.707922, 71.117751 ] }, { "date": "2025-04-11", "close": 67.219517, "volume": 4338426, "typical_volume": 4218207.4, "trend": 70.771782, "fair_value": 71.311836, "relative_strength": 16.219072, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.519023, "energy": 10.802015, "activity_lines": [ 69.794341, 71.051135, 70.373041, 70.918033 ] }, { "date": "2025-04-18", "close": 68.426739, "volume": 1936405, "typical_volume": 4098640.85, "trend": 71.293745, "fair_value": 71.027077, "relative_strength": 20.174905, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.245049, "energy": 23.994414, "activity_lines": [ 69.033849, 70.54232, 70.195123, 70.76674 ] }, { "date": "2025-04-25", "close": 75.433875, "volume": 4573032, "typical_volume": 4039263.3, "trend": 71.529649, "fair_value": 70.883577, "relative_strength": 23.409345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -13.797075, "energy": 11.50643, "activity_lines": [ 70.793361, 71.299577, 70.713379, 71.033845 ] }, { "date": "2025-05-02", "close": 78.338206, "volume": 4697532, "typical_volume": 4002338.15, "trend": 71.869071, "fair_value": 70.743273, "relative_strength": 22.882926, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.648764, "energy": 25.930677, "activity_lines": [ 73.37285, 72.510935, 71.509362, 71.473107 ] }, { "date": "2025-05-09", "close": 81.330017, "volume": 3707050, "typical_volume": 3898800.95, "trend": 72.276436, "fair_value": 70.607118, "relative_strength": 26.660887, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 42.370948, "energy": 54.436224, "activity_lines": [ 76.691835, 74.135992, 72.560412, 72.083491 ] }, { "date": "2025-05-16", "close": 88.60834, "volume": 6386086, "typical_volume": 4085284.2, "trend": 72.905999, "fair_value": 70.510834, "relative_strength": 27.890115, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 82.421793, "energy": 81.723261, "activity_lines": [ 81.511392, 76.914034, 74.240192, 73.137162 ] }, { "date": "2025-05-23", "close": 84.120624, "volume": 6735286, "typical_volume": 4316161.0, "trend": 73.322111, "fair_value": 70.345408, "relative_strength": 23.153175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.4665, "energy": 77.979668, "activity_lines": [ 83.409121, 78.650907, 75.387052, 73.860686 ] }, { "date": "2025-05-30", "close": 82.0561, "volume": 5928362, "typical_volume": 4453052.3, "trend": 73.435835, "fair_value": 70.186205, "relative_strength": 16.967083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.523974, "energy": 75.320798, "activity_lines": [ 83.572417, 79.777329, 76.259976, 74.424169 ] }, { "date": "2025-06-06", "close": 82.371027, "volume": 6217605, "typical_volume": 4533481.4, "trend": 73.329401, "fair_value": 70.048873, "relative_strength": 14.090999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.440675, "energy": 69.222298, "activity_lines": [ 83.399207, 80.800207, 77.078288, 75.000633 ] }, { "date": "2025-06-13", "close": 80.682666, "volume": 6175298, "typical_volume": 4638377.9, "trend": 73.443417, "fair_value": 69.952365, "relative_strength": 11.422839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.660759, "energy": 43.324326, "activity_lines": [ 82.394355, 81.372484, 77.662237, 75.475038 ] }, { "date": "2025-06-20", "close": 80.700162, "volume": 5921082, "typical_volume": 4676827.1, "trend": 73.598839, "fair_value": 69.823276, "relative_strength": 10.596943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.573545, "energy": 30.898433, "activity_lines": [ 81.438492, 81.707294, 78.201862, 75.943215 ] }, { "date": "2025-06-27", "close": 84.120624, "volume": 9840516, "typical_volume": 5025060.25, "trend": 73.920182, "fair_value": 69.694131, "relative_strength": 9.884622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.319912, "energy": 33.503558, "activity_lines": [ 82.149995, 82.418902, 79.002303, 76.622039 ] }, { "date": "2025-07-04", "close": 87.969737, "volume": 4916701, "typical_volume": 5080793.2, "trend": 74.330171, "fair_value": 69.60396, "relative_strength": 12.278804, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.336949, "energy": 46.064323, "activity_lines": [ 84.144535, 83.545007, 80.09251, 77.528462 ] }, { "date": "2025-07-11", "close": 83.000882, "volume": 7086493, "typical_volume": 5312061.4, "trend": 74.69467, "fair_value": 69.471731, "relative_strength": 5.581054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.30671, "energy": 40.875855, "activity_lines": [ 84.088548, 83.539758, 80.630428, 78.087863 ] }, { "date": "2025-07-18", "close": 87.38, "volume": 11957295, "typical_volume": 5641494.05, "trend": 75.347441, "fair_value": 69.340319, "relative_strength": 9.008251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.438473, "energy": 53.709126, "activity_lines": [ 85.450277, 84.245936, 81.529084, 78.906271 ] }, { "date": "2025-07-25", "close": 70.22, "volume": 11415350, "typical_volume": 5954886.4, "trend": 75.473118, "fair_value": 69.179603, "relative_strength": -13.200238, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.590299, "energy": 9.827782, "activity_lines": [ 80.645516, 81.722115, 80.720031, 78.575469 ] }, { "date": "2025-08-01", "close": 60.11, "volume": 16702916, "typical_volume": 6553801.8, "trend": 75.213972, "fair_value": 68.91561, "relative_strength": -23.806672, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -39.785655, "energy": 36.878726, "activity_lines": [ 73.169433, 77.694446, 78.976697, 77.5843 ] }, { "date": "2025-08-08", "close": 58.3, "volume": 12498320, "typical_volume": 6979920.6, "trend": 75.014341, "fair_value": 68.622126, "relative_strength": -28.520075, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.023923, "energy": 65.065059, "activity_lines": [ 66.690725, 73.774242, 77.11375, 76.493076 ] }, { "date": "2025-08-15", "close": 61.58, "volume": 7914287, "typical_volume": 7199000.5, "trend": 74.836271, "fair_value": 68.375182, "relative_strength": -24.76788, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.992817, "energy": 71.962449, "activity_lines": [ 63.283333, 70.882331, 75.634192, 75.626344 ] }, { "date": "2025-08-22", "close": 63.62, "volume": 5275359, "typical_volume": 7211170.05, "trend": 74.589442, "fair_value": 68.195149, "relative_strength": -21.517855, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.899183, "energy": 75.036369, "activity_lines": [ 61.984, 68.739348, 74.410309, 74.902714 ] }, { "date": "2025-08-29", "close": 60.86, "volume": 4067199, "typical_volume": 7197608.7, "trend": 74.382706, "fair_value": 68.026023, "relative_strength": -24.628832, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.069883, "energy": 84.800751, "activity_lines": [ 61.348667, 66.404777, 72.941792, 74.016943 ] }, { "date": "2025-09-05", "close": 59.98, "volume": 4385665, "typical_volume": 7320071.7, "trend": 74.115728, "fair_value": 67.855742, "relative_strength": -26.300655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.216614, "energy": 77.41021, "activity_lines": [ 61.044, 64.270936, 71.419749, 73.087737 ] }, { "date": "2025-09-12", "close": 60.55, "volume": 6307781, "typical_volume": 7406809.15, "trend": 73.755193, "fair_value": 67.731734, "relative_strength": -26.844879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.642356, "energy": 58.269134, "activity_lines": [ 60.938, 62.679652, 69.992215, 72.212528 ] }, { "date": "2025-09-19", "close": 60.41, "volume": 7180545, "typical_volume": 7530959.8, "trend": 73.396406, "fair_value": 67.667951, "relative_strength": -28.469703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.503178, "energy": 56.327722, "activity_lines": [ 60.635333, 61.561455, 68.622222, 71.351548 ] }, { "date": "2025-09-26", "close": 62.89, "volume": 5050094, "typical_volume": 7598112.0, "trend": 73.094042, "fair_value": 67.657245, "relative_strength": -24.831665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.666889, "energy": 50.532957, "activity_lines": [ 61.237333, 61.304909, 67.573793, 70.673715 ] }, { "date": "2025-10-03", "close": 64.53, "volume": 5742074, "typical_volume": 7565911.4, "trend": 72.704336, "fair_value": 67.645388, "relative_strength": -23.440828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.65753, "energy": 40.147514, "activity_lines": [ 62.434667, 61.791818, 66.769364, 70.121197 ] }, { "date": "2025-10-10", "close": 59.76, "volume": 5329678, "typical_volume": 7495631.0, "trend": 72.323299, "fair_value": 67.603627, "relative_strength": -27.058687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.704682, "energy": 40.245489, "activity_lines": [ 61.797333, 61.514909, 65.625307, 69.286078 ] }, { "date": "2025-10-17", "close": 58.36, "volume": 4651123, "typical_volume": 7431769.05, "trend": 71.828236, "fair_value": 67.556761, "relative_strength": -30.032653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.831143, "energy": 45.591607, "activity_lines": [ 60.708, 60.989818, 64.463921, 68.38522 ] }, { "date": "2025-10-24", "close": 56.34, "volume": 4376470, "typical_volume": 7339712.3, "trend": 71.223849, "fair_value": 67.443505, "relative_strength": -33.394215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.217828, "energy": 75.811981, "activity_lines": [ 59.091333, 60.096364, 63.222992, 67.385979 ] }, { "date": "2025-10-31", "close": 53.82, "volume": 5690959, "typical_volume": 7315495.35, "trend": 70.769617, "fair_value": 67.336301, "relative_strength": -36.905579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.972121, "energy": 89.721965, "activity_lines": [ 56.906, 58.84, 61.86602, 66.26315 ] }, { "date": "2025-11-07", "close": 50.73, "volume": 5489352, "typical_volume": 7293908.85, "trend": 70.219967, "fair_value": 67.151867, "relative_strength": -37.901937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.592171, "energy": 92.814063, "activity_lines": [ 54.295333, 57.2, 60.34268, 64.970272 ] }, { "date": "2025-11-14", "close": 47.01, "volume": 5899277, "typical_volume": 7096846.9, "trend": 69.506075, "fair_value": 66.969495, "relative_strength": -41.709648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.870423, "energy": 95.284756, "activity_lines": [ 51.364667, 55.067818, 58.607769, 63.472854 ] }, { "date": "2025-11-21", "close": 46.99, "volume": 5931625, "typical_volume": 7147593.1, "trend": 68.557946, "fair_value": 66.764059, "relative_strength": -39.248407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.119233, "energy": 92.630896, "activity_lines": [ 49.277333, 53.167818, 57.047671, 62.020204 ] }, { "date": "2025-11-28", "close": 46.29, "volume": 4922140, "typical_volume": 7039375.45, "trend": 67.489673, "fair_value": 66.552845, "relative_strength": -42.363466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.02797, "energy": 90.759178, "activity_lines": [ 47.714667, 51.387091, 55.616048, 60.583563 ] }, { "date": "2025-12-05", "close": 47.49, "volume": 7294301, "typical_volume": 6806225.75, "trend": 66.361672, "fair_value": 66.362951, "relative_strength": -40.85697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.04839, "energy": 81.697815, "activity_lines": [ 47.222, 50.081273, 54.473524, 59.293261 ] }, { "date": "2025-12-12", "close": 47.98, "volume": 6115356, "typical_volume": 6541226.05, "trend": 65.007394, "fair_value": 66.280109, "relative_strength": -38.554562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.081495, "energy": 65.944874, "activity_lines": [ 47.314667, 49.144545, 53.567619, 58.107347 ] }, { "date": "2025-12-19", "close": 47.77, "volume": 6401189, "typical_volume": 6026139.7, "trend": 63.795707, "fair_value": 66.166423, "relative_strength": -38.66306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.860944, "energy": 63.473475, "activity_lines": [ 47.520667, 48.470545, 52.747619, 56.995257 ] }, { "date": "2025-12-26", "close": 48.25, "volume": 2995125, "typical_volume": 5550979.95, "trend": 62.668837, "fair_value": 66.04802, "relative_strength": -38.330893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.131224, "energy": 59.563321, "activity_lines": [ 47.836, 48.101818, 52.032095, 55.992308 ] }, { "date": "2026-01-02", "close": 48.74, "volume": 5540812, "typical_volume": 5432306.2, "trend": 61.547802, "fair_value": 65.889579, "relative_strength": -36.100159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.083472, "energy": 50.303871, "activity_lines": [ 48.230667, 48.006, 51.411095, 55.093674 ] }, { "date": "2026-01-09", "close": 49.06, "volume": 5490851, "typical_volume": 5443080.8, "trend": 60.493713, "fair_value": 65.708852, "relative_strength": -36.58804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.265878, "energy": 45.677323, "activity_lines": [ 48.568667, 48.106545, 50.881714, 54.288009 ] }, { "date": "2026-01-16", "close": 44.17, "volume": 5585576, "typical_volume": 5518999.65, "trend": 59.276041, "fair_value": 65.480516, "relative_strength": -41.889946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.015294, "energy": 57.577007, "activity_lines": [ 47.172, 47.404545, 49.955952, 53.234866 ] }, { "date": "2026-01-23", "close": 44.62, "volume": 4550085, "typical_volume": 5527220.65, "trend": 57.959354, "fair_value": 65.253326, "relative_strength": -40.848691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.487369, "energy": 57.771089, "activity_lines": [ 46.179333, 46.903636, 49.152524, 52.289315 ] }, { "date": "2026-01-30", "close": 48.11, "volume": 10685797, "typical_volume": 5746121.45, "trend": 56.630696, "fair_value": 65.035443, "relative_strength": -35.606621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.522173, "energy": 50.03688, "activity_lines": [ 46.56, 47.080727, 48.754619, 51.653873 ] }, { "date": "2026-02-06", "close": 53.76, "volume": 7501505, "typical_volume": 5762169.45, "trend": 55.656, "fair_value": 64.862469, "relative_strength": -26.09941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.754142, "energy": 25.969567, "activity_lines": [ 48.833333, 48.264727, 48.954048, 51.468667 ] }, { "date": "2026-02-13", "close": 55.6, "volume": 7988100, "typical_volume": 5909069.75, "trend": 54.596667, "fair_value": 64.700617, "relative_strength": -22.074798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.788601, "energy": 16.814179, "activity_lines": [ 51.385333, 49.647455, 49.360381, 51.465054 ] }, { "date": "2026-02-20", "close": 53.58, "volume": 4328817, "typical_volume": 5838406.9, "trend": 54.042, "fair_value": 64.548023, "relative_strength": -25.17353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.434078, "energy": 26.192739, "activity_lines": [ 52.828, 50.515455, 49.609048, 51.399462 ] }, { "date": "2026-02-27", "close": 54.61, "volume": 4991418, "typical_volume": 5821493.9, "trend": 53.858667, "fair_value": 64.409602, "relative_strength": -22.88358, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.207111, "energy": 38.592919, "activity_lines": [ 53.986667, 51.468909, 50.007952, 51.436108 ] }, { "date": "2026-03-06", "close": 54.12, "volume": 5193883, "typical_volume": 5848631.9, "trend": 53.719333, "fair_value": 64.325911, "relative_strength": -21.769319, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.703406, "energy": 43.839066, "activity_lines": [ 54.316, 52.208909, 50.384714, 51.452968 ] }, { "date": "2026-03-13", "close": 50.74, "volume": 6552071, "typical_volume": 5957411.95, "trend": 53.358, "fair_value": 64.204347, "relative_strength": -25.11489, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 0.230159, "energy": 22.486038, "activity_lines": [ 53.118, 52.227636, 50.459762, 51.260753 ] }, { "date": "2026-03-20", "close": 49.48, "volume": 5315171, "typical_volume": 5938622.55, "trend": 52.886667, "fair_value": 64.079978, "relative_strength": -24.648004, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.564405, "energy": 13.723267, "activity_lines": [ 51.701333, 51.980909, 50.441476, 51.010559 ] }, { "date": "2026-03-27", "close": 51.04, "volume": 3596799, "typical_volume": 5843994.9, "trend": 52.559333, "fair_value": 63.94901, "relative_strength": -18.728412, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.766062, "energy": 15.734696, "activity_lines": [ 51.212667, 52.010182, 50.592429, 50.891419 ] }, { "date": "2026-04-03", "close": 51.19, "volume": 3624508, "typical_volume": 5730256.45, "trend": 52.266333, "fair_value": 63.826405, "relative_strength": -20.614721, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.503395, "energy": 19.387444, "activity_lines": [ 50.943333, 51.941818, 50.75619, 50.803075 ] }, { "date": "2026-04-10", "close": 51.13, "volume": 3674389, "typical_volume": 5617394.65, "trend": 51.952333, "fair_value": 63.717155, "relative_strength": -23.222994, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.611586, "energy": 14.379657, "activity_lines": [ 50.882, 51.743091, 50.894333, 50.729763 ] }, { "date": "2026-04-17", "close": 55.23, "volume": 5162757, "typical_volume": 5629425.5, "trend": 51.779667, "fair_value": 63.646972, "relative_strength": -20.922738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.96871, "energy": 17.410265, "activity_lines": [ 52.386667, 52.234909, 51.403238, 50.941226 ] }, { "date": "2026-04-24", "close": 41.94, "volume": 14326898, "typical_volume": 5981055.35, "trend": 51.081333, "fair_value": 63.440399, "relative_strength": -40.208112, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.15728, "energy": 29.041503, "activity_lines": [ 49.162, 50.283636, 50.603857, 50.306409 ] }, { "date": "2026-05-01", "close": 40.1, "volume": 20537947, "typical_volume": 6702184.9, "trend": 50.267, "fair_value": 63.248163, "relative_strength": -42.644008, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.126991, "energy": 59.211155, "activity_lines": [ 45.826667, 48.246182, 49.655667, 49.597935 ] }, { "date": "2026-05-08", "close": 36.1, "volume": 7767283, "typical_volume": 6770489.6, "trend": 49.478333, "fair_value": 63.04795, "relative_strength": -49.976354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.587624, "energy": 81.518026, "activity_lines": [ 41.887333, 45.726545, 48.364048, 48.683935 ] }, { "date": "2026-05-15", "close": 32.76, "volume": 9048231, "typical_volume": 7073144.9, "trend": 48.625, "fair_value": 62.82313, "relative_strength": -53.358281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.33528, "energy": 91.440034, "activity_lines": [ 37.840667, 42.936182, 46.809905, 47.605333 ] }, { "date": "2026-05-22", "close": 33.95, "volume": 8758939, "typical_volume": 7234051.25, "trend": 47.878667, "fair_value": 62.62007, "relative_strength": -51.119879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.723546, "energy": 89.916895, "activity_lines": [ 35.415333, 40.750545, 45.442857, 46.658559 ] }, { "date": "2026-05-29", "close": 33.76, "volume": 7696274, "typical_volume": 7344322.4, "trend": 47.21, "fair_value": 62.41854, "relative_strength": -51.676657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.186942, "energy": 89.201122, "activity_lines": [ 34.345333, 38.835636, 44.128143, 45.747677 ] }, { "date": "2026-06-05", "close": 30.91, "volume": 16965559, "typical_volume": 7913321.55, "trend": 46.549333, "fair_value": 62.202553, "relative_strength": -52.588731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.304042, "energy": 90.349055, "activity_lines": [ 32.870667, 36.688364, 42.614857, 44.696065 ] }, { "date": "2026-06-12", "close": 34.19, "volume": 9006522, "typical_volume": 8136143.4, "trend": 46.122, "fair_value": 61.992171, "relative_strength": -47.582715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.661084, "energy": 71.871032, "activity_lines": [ 33.102, 35.503455, 41.477095, 43.898688 ] }, { "date": "2026-06-19", "close": 29.62, "volume": 6584931, "typical_volume": 7931100.1, "trend": 45.543, "fair_value": 61.785244, "relative_strength": -54.674691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.061669, "energy": 67.002137, "activity_lines": [ 31.937333, 33.796727, 39.953762, 42.834043 ] }, { "date": "2026-06-26", "close": 31.33, "volume": 10311209, "typical_volume": 8071585.3, "trend": 45.044333, "fair_value": 61.536845, "relative_strength": -48.571185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.882605, "energy": 61.511693, "activity_lines": [ 31.552, 32.792, 38.681333, 41.917075 ] }, { "date": "2026-07-03", "close": 32.14, "volume": 7419494, "typical_volume": 8043155.0, "trend": 44.532667, "fair_value": 61.285228, "relative_strength": -46.331486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.488824, "energy": 53.93328, "activity_lines": [ 31.611333, 32.369091, 37.592857, 41.084538 ] }, { "date": "2026-07-10", "close": 30.71, "volume": 8315950, "typical_volume": 8242511.65, "trend": 43.957, "fair_value": 61.020799, "relative_strength": -48.355645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.765949, "energy": 53.507637, "activity_lines": [ 31.302, 31.864364, 36.479905, 40.192753 ] }, { "date": "2026-07-17", "close": 30.87, "volume": 6671706, "typical_volume": 8326526.05, "trend": 43.393667, "fair_value": 60.726105, "relative_strength": -44.373335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.856021, "energy": 50.167541, "activity_lines": [ 31.059333, 31.559455, 35.491095, 39.34843 ] }, { "date": "2026-07-24", "close": 28.89, "volume": 11584492, "typical_volume": 8646056.5, "trend": 42.748333, "fair_value": 60.421298, "relative_strength": -46.027475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.123005, "energy": 58.514776, "activity_lines": [ 30.378, 30.989636, 34.426762, 38.41271 ] }, { "date": "2026-07-31", "close": 34.04, "volume": 8020039, "typical_volume": 8719454.9, "trend": 42.258333, "fair_value": 60.129596, "relative_strength": -35.815789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.04691, "energy": 44.764603, "activity_lines": [ 31.462, 31.426545, 33.973048, 37.850882 ] }, { "date": "2026-08-07", "close": 35.88, "volume": 8207807, "typical_volume": 8864086.7, "trend": 41.819, "fair_value": 59.838082, "relative_strength": -34.775347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.502075, "energy": 33.355938, "activity_lines": [ 32.978667, 32.196364, 33.774095, 37.439376 ] } ], "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." } } }