{ "ticker": { "uuid": "9b068e2e-68c4-4714-ba8e-f34e92c36b78", "symbol": "LIN", "name": "Linedata Services S.A.", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 64.961, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 58.4, "architecture_energy": 65.266, "architecture_maturity": 7.953, "architecture_confidence": 63.602, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 38.23, "rotation_up": 68.54, "upward_expansion": 84.73, "deceleration": 48.12, "rotation_down": 8.67, "downward_expansion": 13.73 }, "activity_lines": [ 44.86408, 43.632345, 42.749631, 42.321217 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 44.0, "trend_reference": 41.928145, "distance_from_trend": 0.049414, "trend_direction": "Weakening", "fair_value": 60.774133, "distance_from_fair_value": -0.276008, "fair_value_direction": "Improving", "relative_strength": -10.617978, "relative_strength_direction": "Improving", "price_momentum": 0.052632, "excess_performance": -0.00068, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049414, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.021742, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.276008, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.047431, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.10618, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.137452, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.052632, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.040954, "read": "Demand-led" } ], "volume": { "latest": 3702, "relative_activity": 0.986424, "balance": 1.040954, "dry_up": 1.155424, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.065011, "annualized_volatility": 0.332269, "from_high_reference": -0.320988, "from_low_reference": 0.179625 }, "levels": { "trend_reference": 41.928145, "fair_value_reference": 60.774133, "structural_low": 37.299999, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": 0.00474, "positive_rate": 0.52381, "directional_follow_through": 0.52381, "median_excess_return": -0.009724, "regime_survival": 0.714286, "best_return": 0.189136, "worst_return": -0.119298, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.00641, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022216, "regime_survival": 0.375, "best_return": 0.122977, "worst_return": -0.047901, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.015317, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.038451, "regime_survival": 0.0, "best_return": 0.145631, "worst_return": -0.0225, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.098474, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.092122, "regime_survival": 0.25, "best_return": 0.423536, "worst_return": -0.454262, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-08", "end": "2023-12-29", "tenure": "New", "return": 0.02963, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-06-07", "tenure": "Established", "return": 0.194175, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-08-30", "tenure": "Developing", "return": 0.025344, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-20", "tenure": "New", "return": 0.199405, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-12-06", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": 0.019802, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-02-14", "tenure": "Developing", "return": 0.004878, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.08642, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": -0.070588, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.125326, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-08", "end": "2026-04-24", "tenure": "Extended", "return": -0.286174, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-07-24", "tenure": "Established", "return": 0.096998, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.006865, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 52.467152, "volume": 850, "typical_volume": 2208.5, "trend": 46.533701, "fair_value": 35.931014, "relative_strength": 17.010671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.977072, "energy": 61.162171, "activity_lines": [ 54.273292, 54.243437, 51.102273, 48.819757 ] }, { "date": "2023-08-25", "close": 49.414516, "volume": 675, "typical_volume": 2207.7, "trend": 46.675916, "fair_value": 36.110144, "relative_strength": 8.694625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.814301, "energy": 34.97068, "activity_lines": [ 52.428992, 53.540042, 51.22078, 49.005616 ] }, { "date": "2023-09-01", "close": 48.460564, "volume": 6575, "typical_volume": 2295.5, "trend": 46.75241, "fair_value": 36.276554, "relative_strength": 5.157967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.398984, "energy": 33.348278, "activity_lines": [ 50.724604, 52.642822, 51.211378, 49.120755 ] }, { "date": "2023-09-08", "close": 47.888199, "volume": 750, "typical_volume": 2206.7, "trend": 46.83758, "fair_value": 36.431587, "relative_strength": 4.458645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.662099, "energy": 29.67014, "activity_lines": [ 49.389077, 51.651957, 51.109662, 49.194032 ] }, { "date": "2023-09-15", "close": 45.980305, "volume": 1455, "typical_volume": 2212.65, "trend": 46.920832, "fair_value": 36.577142, "relative_strength": -1.649224, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.427444, "energy": 38.03862, "activity_lines": [ 47.87548, 50.375402, 50.795573, 49.138724 ] }, { "date": "2023-09-22", "close": 53.421097, "volume": 2250, "typical_volume": 2189.75, "trend": 47.267529, "fair_value": 36.780855, "relative_strength": 16.802855, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.348597, "energy": 26.302407, "activity_lines": [ 49.401796, 50.562722, 51.170307, 49.558095 ] }, { "date": "2023-09-29", "close": 51.513199, "volume": 515, "typical_volume": 2126.35, "trend": 47.59072, "fair_value": 36.959676, "relative_strength": 12.854771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.70269, "energy": 14.365886, "activity_lines": [ 50.228551, 50.475999, 51.311605, 49.83201 ] }, { "date": "2023-10-06", "close": 49.605305, "volume": 733, "typical_volume": 2074.35, "trend": 47.810224, "fair_value": 37.125166, "relative_strength": 9.472262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.011681, "energy": 11.39855, "activity_lines": [ 50.279428, 50.129109, 51.228994, 49.961983 ] }, { "date": "2023-10-13", "close": 48.651356, "volume": 1320, "typical_volume": 2073.25, "trend": 48.041104, "fair_value": 37.28399, "relative_strength": 7.794745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.351138, "energy": 16.265684, "activity_lines": [ 49.936006, 49.740592, 51.023733, 50.01625 ] }, { "date": "2023-10-20", "close": 48.651356, "volume": 1337, "typical_volume": 1944.4, "trend": 48.275068, "fair_value": 37.445016, "relative_strength": 10.124104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.161114, "energy": 10.291673, "activity_lines": [ 49.541708, 49.46308, 50.795621, 50.055621 ] }, { "date": "2023-10-27", "close": 49.414516, "volume": 442, "typical_volume": 1833.95, "trend": 48.546806, "fair_value": 37.622495, "relative_strength": 12.081472, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.115526, "energy": 13.664808, "activity_lines": [ 49.223725, 49.428391, 50.628355, 50.129133 ] }, { "date": "2023-11-03", "close": 51.131622, "volume": 468, "typical_volume": 1823.1, "trend": 48.863445, "fair_value": 37.810431, "relative_strength": 11.664064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.140387, "energy": 11.573894, "activity_lines": [ 49.745217, 49.761405, 50.613118, 50.295896 ] }, { "date": "2023-11-10", "close": 49.414516, "volume": 539, "typical_volume": 1631.65, "trend": 49.159855, "fair_value": 37.981854, "relative_strength": 7.77298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.542406, "energy": 5.909123, "activity_lines": [ 49.719779, 49.750999, 50.420833, 50.331449 ] }, { "date": "2023-11-17", "close": 53.802677, "volume": 1168, "typical_volume": 1609.5, "trend": 49.571697, "fair_value": 38.190765, "relative_strength": 13.918188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.781845, "energy": 27.398236, "activity_lines": [ 51.16978, 50.521095, 50.644654, 50.630986 ] }, { "date": "2023-11-24", "close": 50.55925, "volume": 956, "typical_volume": 1475.6, "trend": 49.86309, "fair_value": 38.370077, "relative_strength": 6.035657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.933748, "energy": 22.346391, "activity_lines": [ 51.195218, 50.593942, 50.547442, 50.694699 ] }, { "date": "2023-12-01", "close": 51.894779, "volume": 1664, "typical_volume": 1343.35, "trend": 50.174329, "fair_value": 38.559602, "relative_strength": 7.790332, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.445582, "energy": 24.947075, "activity_lines": [ 51.538639, 50.826358, 50.584691, 50.825775 ] }, { "date": "2023-12-08", "close": 51.513199, "volume": 1480, "typical_volume": 1350.1, "trend": 50.469765, "fair_value": 38.734569, "relative_strength": 4.284797, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.745639, "energy": 29.742383, "activity_lines": [ 51.589515, 51.017147, 50.611947, 50.912154 ] }, { "date": "2023-12-15", "close": 52.085567, "volume": 1379, "typical_volume": 1293.95, "trend": 50.775028, "fair_value": 38.914857, "relative_strength": 4.422238, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.260485, "energy": 23.732512, "activity_lines": [ 51.805743, 51.312003, 50.716427, 51.016399 ] }, { "date": "2023-12-22", "close": 52.085567, "volume": 2081, "typical_volume": 1367.1, "trend": 51.049453, "fair_value": 39.095695, "relative_strength": 4.592586, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.44267, "energy": 30.528344, "activity_lines": [ 51.843901, 51.561764, 50.843619, 51.10095 ] }, { "date": "2023-12-29", "close": 53.039516, "volume": 729, "typical_volume": 1368.3, "trend": 51.278579, "fair_value": 39.279896, "relative_strength": 6.731936, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.37577, "energy": 31.524019, "activity_lines": [ 52.314515, 51.92253, 51.074384, 51.229341 ] }, { "date": "2024-01-05", "close": 58.953999, "volume": 1276, "typical_volume": 1389.6, "trend": 51.677099, "fair_value": 39.506414, "relative_strength": 19.967853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.736859, "energy": 77.301067, "activity_lines": [ 54.591273, 53.278871, 51.874792, 51.72453 ] }, { "date": "2024-01-12", "close": 56.473732, "volume": 1517, "typical_volume": 1431.7, "trend": 51.949769, "fair_value": 39.71373, "relative_strength": 13.786731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.583348, "energy": 76.855799, "activity_lines": [ 55.57066, 54.01081, 52.408095, 52.03399 ] }, { "date": "2024-01-19", "close": 55.901363, "volume": 1416, "typical_volume": 1173.75, "trend": 52.178689, "fair_value": 39.911321, "relative_strength": 13.634212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.729643, "energy": 78.374939, "activity_lines": [ 56.028556, 54.541552, 52.85327, 52.288932 ] }, { "date": "2024-01-26", "close": 56.092152, "volume": 918, "typical_volume": 1182.15, "trend": 52.339956, "fair_value": 40.105731, "relative_strength": 9.789391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.902116, "energy": 79.526794, "activity_lines": [ 56.295661, 54.989041, 53.281184, 52.541413 ] }, { "date": "2024-02-02", "close": 57.236893, "volume": 2135, "typical_volume": 1216.15, "trend": 52.511667, "fair_value": 40.299772, "relative_strength": 12.274693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.521719, "energy": 71.816134, "activity_lines": [ 56.677242, 55.603037, 53.779055, 52.857345 ] }, { "date": "2024-02-09", "close": 59.144787, "volume": 1704, "typical_volume": 1188.85, "trend": 52.568904, "fair_value": 40.495584, "relative_strength": 14.726879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.433247, "energy": 71.747147, "activity_lines": [ 57.414961, 56.442512, 54.405027, 53.285288 ] }, { "date": "2024-02-16", "close": 63.151363, "volume": 4131, "typical_volume": 1369.65, "trend": 52.797851, "fair_value": 40.697259, "relative_strength": 19.83986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.529454, "energy": 87.712784, "activity_lines": [ 59.475487, 57.878636, 55.385321, 53.968027 ] }, { "date": "2024-02-23", "close": 64.677689, "volume": 862, "typical_volume": 1376.1, "trend": 53.058597, "fair_value": 40.919179, "relative_strength": 18.958885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.929174, "energy": 95.124402, "activity_lines": [ 61.599613, 59.380672, 56.455561, 54.734468 ] }, { "date": "2024-03-01", "close": 67.730324, "volume": 1534, "typical_volume": 1386.8, "trend": 53.491054, "fair_value": 41.160667, "relative_strength": 24.088894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.17949, "energy": 96.68463, "activity_lines": [ 64.156195, 61.208784, 57.744754, 55.681031 ] }, { "date": "2024-03-08", "close": 70.592163, "volume": 2467, "typical_volume": 1443.3, "trend": 54.031624, "fair_value": 41.413894, "relative_strength": 26.815182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.766143, "energy": 97.124069, "activity_lines": [ 66.890846, 63.272781, 59.215651, 56.784329 ] }, { "date": "2024-03-15", "close": 66.204002, "volume": 3262, "typical_volume": 1584.3, "trend": 54.489519, "fair_value": 41.639542, "relative_strength": 16.273929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.07039, "energy": 86.146366, "activity_lines": [ 67.272425, 64.219791, 60.164148, 57.569643 ] }, { "date": "2024-03-22", "close": 64.868477, "volume": 1630, "typical_volume": 1642.4, "trend": 55.004651, "fair_value": 41.864887, "relative_strength": 13.469164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.093559, "energy": 66.156472, "activity_lines": [ 66.738215, 64.79216, 60.905502, 58.239254 ] }, { "date": "2024-03-29", "close": 65.250053, "volume": 655, "typical_volume": 1648.2, "trend": 55.564301, "fair_value": 42.092127, "relative_strength": 12.671306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.420087, "energy": 61.480391, "activity_lines": [ 66.216722, 65.281275, 61.617783, 58.900247 ] }, { "date": "2024-04-05", "close": 66.204002, "volume": 1686, "typical_volume": 1674.1, "trend": 56.174828, "fair_value": 42.321629, "relative_strength": 15.571358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.467732, "energy": 54.487006, "activity_lines": [ 65.975055, 65.773859, 62.34551, 59.58668 ] }, { "date": "2024-04-12", "close": 67.730324, "volume": 615, "typical_volume": 1657.05, "trend": 56.899828, "fair_value": 42.549354, "relative_strength": 18.001801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.711227, "energy": 53.398586, "activity_lines": [ 66.343916, 66.360104, 63.159546, 60.332195 ] }, { "date": "2024-04-19", "close": 69.638214, "volume": 3308, "typical_volume": 1739.25, "trend": 57.440399, "fair_value": 42.79041, "relative_strength": 20.115691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.415373, "energy": 60.161604, "activity_lines": [ 67.53953, 67.102449, 64.073519, 61.154027 ] }, { "date": "2024-04-26", "close": 69.638214, "volume": 1144, "typical_volume": 1722.45, "trend": 58.044566, "fair_value": 43.029815, "relative_strength": 18.185825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.157616, "energy": 58.102529, "activity_lines": [ 68.506197, 67.654004, 64.902999, 61.940983 ] }, { "date": "2024-05-03", "close": 73.072426, "volume": 2106, "typical_volume": 1758.8, "trend": 58.826803, "fair_value": 43.291234, "relative_strength": 24.910618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.974555, "energy": 67.692776, "activity_lines": [ 70.299619, 68.712018, 65.973238, 62.910522 ] }, { "date": "2024-05-10", "close": 77.651382, "volume": 2256, "typical_volume": 1767.55, "trend": 59.793471, "fair_value": 43.582556, "relative_strength": 27.283103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.850438, "energy": 84.852855, "activity_lines": [ 73.097867, 70.449939, 67.37963, 64.125011 ] }, { "date": "2024-05-17", "close": 70.592163, "volume": 2512, "typical_volume": 1856.7, "trend": 60.524831, "fair_value": 43.834681, "relative_strength": 15.571201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.490082, "energy": 59.939615, "activity_lines": [ 72.779884, 70.723982, 67.991974, 64.821701 ] }, { "date": "2024-05-24", "close": 72.500061, "volume": 757, "typical_volume": 1830.75, "trend": 61.294349, "fair_value": 44.085274, "relative_strength": 18.85216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.989929, "energy": 55.365364, "activity_lines": [ 72.907078, 71.344916, 68.702438, 65.594296 ] }, { "date": "2024-05-31", "close": 70.401375, "volume": 13005, "typical_volume": 2405.15, "trend": 61.936674, "fair_value": 44.310854, "relative_strength": 16.157193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.591205, "energy": 46.676326, "activity_lines": [ 72.14392, 71.469796, 69.148523, 66.181846 ] }, { "date": "2024-06-07", "close": 70.401375, "volume": 4269, "typical_volume": 2547.8, "trend": 62.636236, "fair_value": 44.538635, "relative_strength": 15.359783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.371563, "energy": 29.477254, "activity_lines": [ 71.329884, 71.494079, 69.528285, 66.727956 ] }, { "date": "2024-06-14", "close": 67.730324, "volume": 6943, "typical_volume": 2849.05, "trend": 63.100491, "fair_value": 44.743789, "relative_strength": 17.61825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.398133, "energy": 21.854779, "activity_lines": [ 69.803569, 70.939055, 69.584614, 67.056607 ] }, { "date": "2024-06-21", "close": 65.059265, "volume": 5111, "typical_volume": 2997.85, "trend": 63.583825, "fair_value": 44.939528, "relative_strength": 10.657317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.568571, "energy": 16.041884, "activity_lines": [ 68.048304, 69.870633, 69.331136, 67.182979 ] }, { "date": "2024-06-28", "close": 64.296112, "volume": 2275, "typical_volume": 3026.4, "trend": 63.997203, "fair_value": 45.132577, "relative_strength": 11.077434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.895592, "energy": 14.955804, "activity_lines": [ 66.407514, 68.712021, 68.967728, 67.228933 ] }, { "date": "2024-07-05", "close": 67.539536, "volume": 1408, "typical_volume": 2890.25, "trend": 64.531414, "fair_value": 45.333283, "relative_strength": 13.282571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.351224, "energy": 17.370317, "activity_lines": [ 66.394796, 68.240251, 68.888687, 67.457471 ] }, { "date": "2024-07-12", "close": 68.860001, "volume": 7071, "typical_volume": 3200.7, "trend": 65.090562, "fair_value": 45.543024, "relative_strength": 14.449722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.173652, "energy": 13.721191, "activity_lines": [ 67.013023, 68.046724, 68.914508, 67.736735 ] }, { "date": "2024-07-19", "close": 69.055618, "volume": 433, "typical_volume": 3145.65, "trend": 65.65623, "fair_value": 45.755726, "relative_strength": 17.205155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.083162, "energy": 9.214761, "activity_lines": [ 67.799213, 67.965352, 68.939044, 67.992545 ] }, { "date": "2024-07-26", "close": 71.207504, "volume": 1058, "typical_volume": 3075.2, "trend": 66.26183, "fair_value": 45.980514, "relative_strength": 20.574449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.889642, "energy": 20.587497, "activity_lines": [ 69.214345, 68.43152, 69.162211, 68.350691 ] }, { "date": "2024-08-02", "close": 71.011871, "volume": 451, "typical_volume": 2934.65, "trend": 66.663759, "fair_value": 46.195511, "relative_strength": 23.951814, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.642786, "energy": 25.134085, "activity_lines": [ 70.154384, 68.85093, 69.363816, 68.657146 ] }, { "date": "2024-08-09", "close": 69.838127, "volume": 1462, "typical_volume": 2926.25, "trend": 67.109239, "fair_value": 46.398429, "relative_strength": 20.95528, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.329028, "energy": 24.704784, "activity_lines": [ 70.255458, 69.083989, 69.430741, 68.861944 ] }, { "date": "2024-08-16", "close": 69.446877, "volume": 4013, "typical_volume": 3094.15, "trend": 67.560756, "fair_value": 46.60567, "relative_strength": 16.806445, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.199267, "energy": 26.184275, "activity_lines": [ 70.072875, 69.256154, 69.436739, 69.012759 ] }, { "date": "2024-08-23", "close": 69.642494, "volume": 380, "typical_volume": 3028.85, "trend": 68.012434, "fair_value": 46.804489, "relative_strength": 14.516701, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.573408, "energy": 24.478183, "activity_lines": [ 69.916374, 69.481239, 69.441382, 69.147065 ] }, { "date": "2024-08-30", "close": 69.446877, "volume": 10372, "typical_volume": 3516.7, "trend": 68.419433, "fair_value": 47.008315, "relative_strength": 12.724054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.28007, "energy": 17.490581, "activity_lines": [ 69.655541, 69.635991, 69.411022, 69.239609 ] }, { "date": "2024-09-06", "close": 65.729996, "volume": 599, "typical_volume": 3381.25, "trend": 68.63894, "fair_value": 47.191161, "relative_strength": 10.124246, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.668776, "energy": 14.233366, "activity_lines": [ 68.273123, 69.035172, 69.018498, 69.066097 ] }, { "date": "2024-09-13", "close": 74.92437, "volume": 2947, "typical_volume": 3471.4, "trend": 69.031374, "fair_value": 47.423268, "relative_strength": 22.524879, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.723071, "energy": 26.872493, "activity_lines": [ 70.307622, 70.079987, 69.52024, 69.471609 ] }, { "date": "2024-09-20", "close": 78.836868, "volume": 12525, "typical_volume": 3992.35, "trend": 69.503346, "fair_value": 47.703224, "relative_strength": 27.40124, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.399994, "energy": 65.280181, "activity_lines": [ 73.307204, 71.701895, 70.369429, 70.104221 ] }, { "date": "2024-09-27", "close": 78.25, "volume": 2610, "typical_volume": 4010.05, "trend": 69.854002, "fair_value": 47.979418, "relative_strength": 20.925948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.14256, "energy": 74.878178, "activity_lines": [ 75.485163, 73.035702, 71.135275, 70.668522 ] }, { "date": "2024-10-04", "close": 77.271873, "volume": 1118, "typical_volume": 3940.35, "trend": 70.076659, "fair_value": 48.244219, "relative_strength": 22.466591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.867825, "energy": 77.73877, "activity_lines": [ 76.763247, 74.024497, 71.805117, 71.147094 ] }, { "date": "2024-10-11", "close": 75.902496, "volume": 827, "typical_volume": 3943.85, "trend": 70.399942, "fair_value": 48.499673, "relative_strength": 18.877649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.594199, "energy": 76.261151, "activity_lines": [ 77.063205, 74.654054, 72.312733, 71.522954 ] }, { "date": "2024-10-18", "close": 78.836868, "volume": 3245, "typical_volume": 3455.85, "trend": 70.865556, "fair_value": 48.780199, "relative_strength": 22.007106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.977485, "energy": 73.03403, "activity_lines": [ 77.663121, 75.728212, 73.083611, 72.067272 ] }, { "date": "2024-10-25", "close": 79.619377, "volume": 2716, "typical_volume": 3378.2, "trend": 71.344533, "fair_value": 49.073709, "relative_strength": 24.174604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.641132, "energy": 63.829645, "activity_lines": [ 78.263039, 76.781031, 73.888845, 72.632035 ] }, { "date": "2024-11-01", "close": 79.032501, "volume": 704, "typical_volume": 3066.25, "trend": 71.77215, "fair_value": 49.356627, "relative_strength": 23.780837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.633906, "energy": 52.006151, "activity_lines": [ 78.615165, 77.542191, 74.59429, 73.128033 ] }, { "date": "2024-11-08", "close": 78.25, "volume": 3013, "typical_volume": 2961.35, "trend": 72.122805, "fair_value": 49.636236, "relative_strength": 22.732323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.391145, "energy": 49.635294, "activity_lines": [ 78.654291, 77.990351, 75.171392, 73.545959 ] }, { "date": "2024-11-15", "close": 80.010628, "volume": 849, "typical_volume": 2890.05, "trend": 72.468553, "fair_value": 49.927132, "relative_strength": 25.69275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.647568, "energy": 49.896289, "activity_lines": [ 79.215084, 78.598568, 75.853359, 74.05485 ] }, { "date": "2024-11-22", "close": 78.054375, "volume": 566, "typical_volume": 2847.95, "trend": 72.749091, "fair_value": 50.204349, "relative_strength": 21.84289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.172232, "energy": 41.933978, "activity_lines": [ 78.849918, 78.591454, 76.274186, 74.415226 ] }, { "date": "2024-11-29", "close": 78.25, "volume": 2896, "typical_volume": 2639.2, "trend": 72.921677, "fair_value": 50.483958, "relative_strength": 21.491696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.617215, "energy": 36.634406, "activity_lines": [ 78.602126, 78.563, 76.663573, 74.770123 ] }, { "date": "2024-12-06", "close": 78.25, "volume": 7067, "typical_volume": 2970.9, "trend": 72.941631, "fair_value": 50.763567, "relative_strength": 17.418201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.881696, "energy": 28.69608, "activity_lines": [ 78.445625, 78.545216, 77.008246, 75.113886 ] }, { "date": "2024-12-13", "close": 79.032501, "volume": 9743, "typical_volume": 3405.15, "trend": 73.222976, "fair_value": 51.047624, "relative_strength": 17.906648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.759277, "energy": 28.16189, "activity_lines": [ 78.602126, 78.669705, 77.38366, 75.506846 ] }, { "date": "2024-12-20", "close": 80.597496, "volume": 942, "typical_volume": 3429.7, "trend": 73.49289, "fair_value": 51.342281, "relative_strength": 21.391077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.436719, "energy": 38.209617, "activity_lines": [ 79.228124, 79.046727, 77.870859, 75.982621 ] }, { "date": "2024-12-27", "close": 80.206245, "volume": 204, "typical_volume": 3366.8, "trend": 73.819719, "fair_value": 51.634431, "relative_strength": 18.506233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.831119, "energy": 38.881633, "activity_lines": [ 79.684581, 79.267249, 78.27515, 76.415741 ] }, { "date": "2025-01-03", "close": 83.923126, "volume": 3966, "typical_volume": 3364.45, "trend": 74.270444, "fair_value": 51.945283, "relative_strength": 24.313482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.025662, "energy": 65.9363, "activity_lines": [ 81.23654, 80.13867, 78.984058, 77.067573 ] }, { "date": "2025-01-10", "close": 84.314369, "volume": 1656, "typical_volume": 3428.25, "trend": 74.823246, "fair_value": 52.258075, "relative_strength": 21.439259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.444058, "energy": 69.616745, "activity_lines": [ 82.540705, 81.002975, 79.661293, 77.715569 ] }, { "date": "2025-01-17", "close": 80.988754, "volume": 1107, "typical_volume": 2965.0, "trend": 75.354229, "fair_value": 52.549548, "relative_strength": 11.760389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.23783, "energy": 58.869773, "activity_lines": [ 82.332041, 81.16659, 79.951936, 78.113343 ] }, { "date": "2025-01-24", "close": 79.423744, "volume": 1312, "typical_volume": 3000.65, "trend": 75.858483, "fair_value": 52.83042, "relative_strength": 6.009327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.141135, "energy": 40.151438, "activity_lines": [ 81.471289, 80.995862, 80.03857, 78.375893 ] }, { "date": "2025-01-31", "close": 79.032501, "volume": 7125, "typical_volume": 3209.55, "trend": 76.241582, "fair_value": 53.109353, "relative_strength": 4.676263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.088085, "energy": 23.245525, "activity_lines": [ 80.558374, 80.764669, 80.022734, 78.580668 ] }, { "date": "2025-02-07", "close": 78.836868, "volume": 1804, "typical_volume": 2673.5, "trend": 76.574144, "fair_value": 53.381341, "relative_strength": 3.66559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.826828, "energy": 17.623259, "activity_lines": [ 79.658497, 80.480122, 79.968704, 78.748106 ] }, { "date": "2025-02-14", "close": 80.597496, "volume": 7940, "typical_volume": 2940.0, "trend": 76.958873, "fair_value": 53.653229, "relative_strength": 2.95949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.498246, "energy": 17.200548, "activity_lines": [ 79.68458, 80.50502, 80.082352, 79.007677 ] }, { "date": "2025-02-21", "close": 79.228127, "volume": 11412, "typical_volume": 3454.7, "trend": 77.226228, "fair_value": 53.910648, "relative_strength": 1.183707, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.864785, "energy": 14.919037, "activity_lines": [ 79.501998, 80.238259, 80.054406, 79.15408 ] }, { "date": "2025-02-28", "close": 78.641251, "volume": 3167, "typical_volume": 3571.7, "trend": 77.48054, "fair_value": 54.185366, "relative_strength": 0.731431, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.467744, "energy": 8.663098, "activity_lines": [ 79.241166, 79.861237, 79.961252, 79.245372 ] }, { "date": "2025-03-07", "close": 78.25, "volume": 15713, "typical_volume": 4195.1, "trend": 77.760936, "fair_value": 54.451883, "relative_strength": -0.051159, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.135532, "energy": 7.938633, "activity_lines": [ 78.902083, 79.448647, 79.817793, 79.295015 ] }, { "date": "2025-03-14", "close": 76.293747, "volume": 4973, "typical_volume": 4307.95, "trend": 77.989165, "fair_value": 54.717245, "relative_strength": -1.700225, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.47466, "energy": 18.686342, "activity_lines": [ 77.963083, 78.715942, 79.49082, 79.200357 ] }, { "date": "2025-03-21", "close": 77.858749, "volume": 1102, "typical_volume": 4327.85, "trend": 78.26304, "fair_value": 54.980685, "relative_strength": -0.208806, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.683492, "energy": 22.786622, "activity_lines": [ 77.715291, 78.406499, 79.328731, 79.191943 ] }, { "date": "2025-03-28", "close": 76.489372, "volume": 663, "typical_volume": 4210.35, "trend": 78.49779, "fair_value": 55.234209, "relative_strength": -0.729405, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.735364, "energy": 36.605482, "activity_lines": [ 77.193623, 77.965453, 79.041814, 79.077513 ] }, { "date": "2025-04-04", "close": 72.381248, "volume": 19391, "typical_volume": 5137.45, "trend": 78.719498, "fair_value": 55.470506, "relative_strength": 1.868059, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.703649, "energy": 63.627346, "activity_lines": [ 75.485165, 76.859282, 78.372031, 78.682898 ] }, { "date": "2025-04-11", "close": 69.446877, "volume": 1791, "typical_volume": 5198.7, "trend": 78.536915, "fair_value": 55.685716, "relative_strength": -0.180417, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.723605, "energy": 74.358877, "activity_lines": [ 73.215916, 75.347635, 77.459115, 78.084664 ] }, { "date": "2025-04-18", "close": 69.838127, "volume": 16653, "typical_volume": 5886.55, "trend": 78.236957, "fair_value": 55.89205, "relative_strength": -2.286294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.799707, "energy": 78.308192, "activity_lines": [ 71.663959, 74.081409, 76.624448, 77.523452 ] }, { "date": "2025-04-25", "close": 71.794373, "volume": 7479, "typical_volume": 5907.15, "trend": 78.02177, "fair_value": 56.105801, "relative_strength": -3.061011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.258605, "energy": 74.220181, "activity_lines": [ 71.194458, 73.334477, 76.016148, 77.107801 ] }, { "date": "2025-05-02", "close": 71.794373, "volume": 497, "typical_volume": 5444.85, "trend": 77.839186, "fair_value": 56.329798, "relative_strength": -5.993391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.90839, "energy": 71.401572, "activity_lines": [ 71.129249, 72.747601, 75.438588, 76.706034 ] }, { "date": "2025-05-09", "close": 71.989998, "volume": 913, "typical_volume": 5443.4, "trend": 77.70877, "fair_value": 56.56131, "relative_strength": -5.383892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.450805, "energy": 60.510414, "activity_lines": [ 71.442249, 72.331453, 74.914127, 76.328667 ] }, { "date": "2025-05-16", "close": 70.620621, "volume": 1839, "typical_volume": 5525.15, "trend": 77.434895, "fair_value": 56.778352, "relative_strength": -8.921381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.434297, "energy": 48.98907, "activity_lines": [ 71.324873, 71.78726, 74.300237, 75.871367 ] }, { "date": "2025-05-23", "close": 69.446877, "volume": 49126, "typical_volume": 7783.15, "trend": 77.095811, "fair_value": 56.984455, "relative_strength": -8.675685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.159548, "energy": 54.304255, "activity_lines": [ 70.737999, 71.168374, 73.620207, 75.356011 ] }, { "date": "2025-05-30", "close": 83.140625, "volume": 5346, "typical_volume": 7967.65, "trend": 77.232749, "fair_value": 57.2772, "relative_strength": 8.677711, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -4.527815, "energy": 10.360593, "activity_lines": [ 74.741791, 73.163749, 74.313279, 75.745999 ] }, { "date": "2025-06-06", "close": 81.184372, "volume": 3411, "typical_volume": 8082.85, "trend": 77.330561, "fair_value": 57.551712, "relative_strength": 5.071905, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.558672, "energy": 23.681678, "activity_lines": [ 77.337082, 74.707408, 74.82563, 76.000942 ] }, { "date": "2025-06-13", "close": 78.445618, "volume": 2292, "typical_volume": 8131.85, "trend": 77.278394, "fair_value": 57.821191, "relative_strength": 2.879135, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.950875, "energy": 28.05796, "activity_lines": [ 78.393455, 75.667748, 75.076216, 76.072881 ] }, { "date": "2025-06-20", "close": 78.25, "volume": 893, "typical_volume": 7820.25, "trend": 77.284915, "fair_value": 58.083724, "relative_strength": 3.549813, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.961542, "energy": 33.027765, "activity_lines": [ 78.954248, 76.482259, 75.312829, 76.135566 ] }, { "date": "2025-06-27", "close": 73.946243, "volume": 1095, "typical_volume": 7784.8, "trend": 77.141457, "fair_value": 58.330623, "relative_strength": -3.631107, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.571104, "energy": 17.073289, "activity_lines": [ 77.571829, 76.354213, 75.143287, 75.920167 ] }, { "date": "2025-07-04", "close": 77.271873, "volume": 969, "typical_volume": 7436.25, "trend": 77.108852, "fair_value": 58.611269, "relative_strength": 0.401017, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -5.841576, "energy": 9.018797, "activity_lines": [ 76.997996, 76.756133, 75.31376, 75.928581 ] }, { "date": "2025-07-11", "close": 76.599998, "volume": 1377, "typical_volume": 6934.5, "trend": 77.027769, "fair_value": 58.895319, "relative_strength": -2.326191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.014827, "energy": 10.846726, "activity_lines": [ 76.591455, 76.936304, 75.436081, 75.895752 ] }, { "date": "2025-07-18", "close": 74.599998, "volume": 431, "typical_volume": 6797.7, "trend": 76.827852, "fair_value": 59.163583, "relative_strength": -4.863711, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.457874, "energy": 19.724045, "activity_lines": [ 75.823872, 76.665463, 75.380441, 75.739122 ] }, { "date": "2025-07-25", "close": 72.0, "volume": 1359, "typical_volume": 6080.0, "trend": 76.554311, "fair_value": 59.408063, "relative_strength": -8.269413, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.453464, "energy": 27.327502, "activity_lines": [ 74.445998, 75.874441, 75.096427, 75.427647 ] }, { "date": "2025-08-01", "close": 67.0, "volume": 3074, "typical_volume": 5985.05, "trend": 75.990207, "fair_value": 59.624644, "relative_strength": -11.221361, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.819037, "energy": 58.798528, "activity_lines": [ 71.818124, 74.149248, 74.365983, 74.81124 ] }, { "date": "2025-08-08", "close": 62.200001, "volume": 6032, "typical_volume": 6231.55, "trend": 75.253061, "fair_value": 59.81342, "relative_strength": -19.433036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.619098, "energy": 79.955967, "activity_lines": [ 68.053333, 71.595817, 73.222653, 73.92155 ] }, { "date": "2025-08-15", "close": 60.799999, "volume": 8049, "typical_volume": 6600.85, "trend": 74.580103, "fair_value": 59.99085, "relative_strength": -22.794488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.362659, "energy": 87.703584, "activity_lines": [ 64.826666, 69.168578, 72.020555, 72.989094 ] }, { "date": "2025-08-22", "close": 64.400002, "volume": 2680, "typical_volume": 5765.3, "trend": 74.079311, "fair_value": 60.190171, "relative_strength": -18.522479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.471227, "energy": 81.117533, "activity_lines": [ 63.853334, 67.766511, 71.236026, 72.332313 ] }, { "date": "2025-08-29", "close": 61.400002, "volume": 1233, "typical_volume": 5737.4, "trend": 73.491561, "fair_value": 60.377378, "relative_strength": -19.461352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.006357, "energy": 90.225478, "activity_lines": [ 62.560001, 66.074364, 70.203788, 71.514293 ] }, { "date": "2025-09-05", "close": 59.799999, "volume": 11816, "typical_volume": 5495.55, "trend": 72.856999, "fair_value": 60.530013, "relative_strength": -21.086365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.693791, "energy": 90.309701, "activity_lines": [ 61.440001, 64.397671, 69.057487, 70.630967 ] }, { "date": "2025-09-12", "close": 56.200001, "volume": 2574, "typical_volume": 5250.3, "trend": 72.043749, "fair_value": 60.656606, "relative_strength": -26.856337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.477073, "energy": 92.714233, "activity_lines": [ 59.600001, 62.323637, 67.61613, 69.556322 ] }, { "date": "2025-09-19", "close": 55.400002, "volume": 5833, "typical_volume": 5517.1, "trend": 71.249478, "fair_value": 60.79349, "relative_strength": -27.668044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.928385, "energy": 92.500205, "activity_lines": [ 57.893334, 60.487274, 66.172842, 68.482532 ] }, { "date": "2025-09-26", "close": 58.0, "volume": 1026, "typical_volume": 5522.75, "trend": 70.561436, "fair_value": 60.959495, "relative_strength": -24.037372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.51775, "energy": 82.6903, "activity_lines": [ 57.413334, 59.509092, 65.055241, 67.627727 ] }, { "date": "2025-10-03", "close": 58.200001, "volume": 983, "typical_volume": 5479.95, "trend": 69.893103, "fair_value": 61.10899, "relative_strength": -25.313448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.234633, "energy": 76.265671, "activity_lines": [ 57.426667, 58.869092, 64.023306, 66.830215 ] }, { "date": "2025-10-10", "close": 53.400002, "volume": 5637, "typical_volume": 3305.5, "trend": 69.129978, "fair_value": 61.238984, "relative_strength": -29.598352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.547627, "energy": 69.900882, "activity_lines": [ 56.053335, 57.607274, 62.593375, 65.766143 ] }, { "date": "2025-10-17", "close": 52.0, "volume": 4000, "typical_volume": 3238.2, "trend": 68.26802, "fair_value": 61.370679, "relative_strength": -33.056054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.035905, "energy": 69.193742, "activity_lines": [ 54.640001, 56.338183, 61.106524, 64.660984 ] }, { "date": "2025-10-24", "close": 49.0, "volume": 2431, "typical_volume": 3189.2, "trend": 67.351708, "fair_value": 61.406046, "relative_strength": -36.715501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.843713, "energy": 71.69873, "activity_lines": [ 52.506667, 54.709092, 59.482247, 63.417886 ] }, { "date": "2025-10-31", "close": 44.900002, "volume": 3528, "typical_volume": 3251.0, "trend": 66.435666, "fair_value": 61.415724, "relative_strength": -40.641013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.987675, "energy": 87.723368, "activity_lines": [ 49.433334, 52.549092, 57.620754, 61.969388 ] }, { "date": "2025-11-07", "close": 45.0, "volume": 941, "typical_volume": 3253.4, "trend": 65.62077, "fair_value": 61.43138, "relative_strength": -38.59584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.186505, "energy": 92.929587, "activity_lines": [ 47.266667, 50.761819, 55.928524, 60.586442 ] }, { "date": "2025-11-14", "close": 44.299999, "volume": 931, "typical_volume": 3245.2, "trend": 64.769499, "fair_value": 61.444329, "relative_strength": -40.484779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.18923, "energy": 92.085266, "activity_lines": [ 45.746667, 49.145455, 54.327962, 59.210909 ] }, { "date": "2025-11-21", "close": 44.0, "volume": 821, "typical_volume": 3237.8, "trend": 63.84302, "fair_value": 61.44883, "relative_strength": -38.822274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.143577, "energy": 90.813049, "activity_lines": [ 44.733333, 47.756364, 52.84, 57.870941 ] }, { "date": "2025-11-28", "close": 44.5, "volume": 833, "typical_volume": 3210.6, "trend": 62.933208, "fair_value": 61.463654, "relative_strength": -38.493314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.314019, "energy": 87.133438, "activity_lines": [ 44.42, 46.68, 51.558096, 56.623004 ] }, { "date": "2025-12-05", "close": 44.400002, "volume": 6084, "typical_volume": 3493.25, "trend": 62.013541, "fair_value": 61.476057, "relative_strength": -37.892139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.791856, "energy": 73.131434, "activity_lines": [ 44.373334, 45.783637, 50.419524, 55.427313 ] }, { "date": "2025-12-12", "close": 45.5, "volume": 2059, "typical_volume": 3528.25, "trend": 61.176187, "fair_value": 61.490174, "relative_strength": -35.279401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.00693, "energy": 65.771397, "activity_lines": [ 44.726667, 45.334546, 49.529524, 54.361924 ] }, { "date": "2025-12-19", "close": 46.900002, "volume": 992, "typical_volume": 3424.15, "trend": 60.424625, "fair_value": 61.53343, "relative_strength": -33.179852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.10782, "energy": 58.531881, "activity_lines": [ 45.513334, 45.37091, 48.899048, 53.440879 ] }, { "date": "2025-12-26", "close": 47.200001, "volume": 2258, "typical_volume": 3235.45, "trend": 59.226604, "fair_value": 61.562595, "relative_strength": -31.579518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.553752, "energy": 53.05697, "activity_lines": [ 46.226668, 45.580001, 48.392858, 52.587678 ] }, { "date": "2026-01-02", "close": 45.799999, "volume": 1842, "typical_volume": 2925.1, "trend": 58.047125, "fair_value": 61.585159, "relative_strength": -33.459012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.158396, "energy": 48.224957, "activity_lines": [ 46.26, 45.621819, 47.824762, 51.721445 ] }, { "date": "2026-01-09", "close": 46.700001, "volume": 605, "typical_volume": 2821.35, "trend": 56.988938, "fair_value": 61.60519, "relative_strength": -32.616534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.38253, "energy": 46.46517, "activity_lines": [ 46.506667, 45.885455, 47.41381, 50.989373 ] }, { "date": "2026-01-16", "close": 44.599998, "volume": 2111, "typical_volume": 2865.25, "trend": 55.867271, "fair_value": 61.609386, "relative_strength": -34.061916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.614695, "energy": 54.285661, "activity_lines": [ 45.9, 45.734546, 46.887143, 50.190086 ] }, { "date": "2026-01-23", "close": 40.400002, "volume": 8158, "typical_volume": 2682.35, "trend": 54.749063, "fair_value": 61.57895, "relative_strength": -38.693243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.407994, "energy": 72.993706, "activity_lines": [ 43.953334, 44.827273, 46.040477, 49.192198 ] }, { "date": "2026-01-30", "close": 42.5, "volume": 15705, "typical_volume": 3338.9, "trend": 53.59, "fair_value": 61.555451, "relative_strength": -34.643709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.1569, "energy": 85.705537, "activity_lines": [ 43.14, 44.372728, 45.486191, 48.401936 ] }, { "date": "2026-02-06", "close": 41.799999, "volume": 3140, "typical_volume": 3204.25, "trend": 52.43, "fair_value": 61.532803, "relative_strength": -36.122248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.291531, "energy": 84.295925, "activity_lines": [ 42.406667, 43.818182, 44.930476, 47.641291 ] }, { "date": "2026-02-13", "close": 41.599998, "volume": 4435, "typical_volume": 3374.7, "trend": 51.33, "fair_value": 61.520734, "relative_strength": -35.962615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.852504, "energy": 82.421659, "activity_lines": [ 41.873333, 43.276363, 44.420476, 46.942581 ] }, { "date": "2026-02-20", "close": 40.299999, "volume": 6105, "typical_volume": 3630.8, "trend": 50.273334, "fair_value": 61.503297, "relative_strength": -38.696441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.784878, "energy": 70.069818, "activity_lines": [ 41.246666, 42.54909, 43.864762, 46.230968 ] }, { "date": "2026-02-27", "close": 39.799999, "volume": 1284, "typical_volume": 3413.15, "trend": 49.366667, "fair_value": 61.490365, "relative_strength": -39.151008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.828056, "energy": 70.028623, "activity_lines": [ 40.739999, 41.825454, 43.346666, 45.555269 ] }, { "date": "2026-03-06", "close": 38.5, "volume": 1973, "typical_volume": 3311.8, "trend": 48.576667, "fair_value": 61.461389, "relative_strength": -36.036448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.234343, "energy": 71.202818, "activity_lines": [ 39.839999, 40.994545, 42.769524, 44.854194 ] }, { "date": "2026-03-13", "close": 38.0, "volume": 10136, "typical_volume": 3697.05, "trend": 47.816667, "fair_value": 61.437511, "relative_strength": -35.43815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.952114, "energy": 70.853941, "activity_lines": [ 39.04, 40.230909, 42.209047, 44.171828 ] }, { "date": "2026-03-20", "close": 41.099998, "volume": 1698, "typical_volume": 3605.55, "trend": 47.04, "fair_value": 61.434098, "relative_strength": -27.117551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.666701, "energy": 60.111137, "activity_lines": [ 39.526666, 40.172726, 41.99619, 43.738494 ] }, { "date": "2026-03-27", "close": 41.299999, "volume": 2621, "typical_volume": 3689.55, "trend": 46.37, "fair_value": 61.434339, "relative_strength": -26.279631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.030044, "energy": 49.233169, "activity_lines": [ 40.113332, 40.252726, 41.820476, 43.368172 ] }, { "date": "2026-04-03", "close": 40.0, "volume": 1660, "typical_volume": 3726.0, "trend": 45.71, "fair_value": 61.423875, "relative_strength": -30.024238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.424861, "energy": 38.792813, "activity_lines": [ 40.199999, 40.156363, 41.538571, 42.957204 ] }, { "date": "2026-04-10", "close": 44.599998, "volume": 1578, "typical_volume": 3763.85, "trend": 45.323333, "fair_value": 61.450015, "relative_strength": -23.892665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.011054, "energy": 17.990356, "activity_lines": [ 41.806666, 40.903635, 41.715237, 42.885591 ] }, { "date": "2026-04-17", "close": 45.0, "volume": 671, "typical_volume": 3755.75, "trend": 44.976667, "fair_value": 61.472788, "relative_strength": -23.842675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.51106, "energy": 18.425724, "activity_lines": [ 43.139999, 41.685454, 41.927142, 42.864731 ] }, { "date": "2026-04-24", "close": 44.400002, "volume": 9210, "typical_volume": 3912.05, "trend": 44.523333, "fair_value": 61.489342, "relative_strength": -21.517037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.410616, "energy": 20.952425, "activity_lines": [ 43.806667, 42.3, 42.079523, 42.827527 ] }, { "date": "2026-05-01", "close": 43.299999, "volume": 17854, "typical_volume": 4701.8, "trend": 44.026667, "fair_value": 61.494101, "relative_strength": -22.21405, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.450786, "energy": 23.645346, "activity_lines": [ 43.886667, 42.663636, 42.127142, 42.748602 ] }, { "date": "2026-05-08", "close": 41.599998, "volume": 899, "typical_volume": 4697.15, "trend": 43.633333, "fair_value": 61.48737, "relative_strength": -24.363153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.842613, "energy": 17.382759, "activity_lines": [ 43.266666, 42.663636, 42.023333, 42.592043 ] }, { "date": "2026-05-15", "close": 40.599998, "volume": 3010, "typical_volume": 4734.75, "trend": 43.253333, "fair_value": 61.472449, "relative_strength": -23.864707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.274622, "energy": 16.781039, "activity_lines": [ 42.206666, 42.44909, 41.849523, 42.396344 ] }, { "date": "2026-05-22", "close": 39.700001, "volume": 2884, "typical_volume": 4786.85, "trend": 42.943333, "fair_value": 61.445828, "relative_strength": -26.18425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.129723, "energy": 31.391227, "activity_lines": [ 41.113333, 42.032727, 41.621428, 42.167096 ] }, { "date": "2026-05-29", "close": 42.400002, "volume": 7239, "typical_volume": 5118.55, "trend": 42.86, "fair_value": 61.421689, "relative_strength": -20.536768, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.724702, "energy": 25.083351, "activity_lines": [ 41.273334, 42.076364, 41.679523, 42.132043 ] }, { "date": "2026-06-05", "close": 40.900002, "volume": 4307, "typical_volume": 5228.35, "trend": 42.723333, "fair_value": 61.382596, "relative_strength": -22.432376, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.828634, "energy": 27.341866, "activity_lines": [ 41.066668, 41.823637, 41.615238, 42.005591 ] }, { "date": "2026-06-12", "close": 40.103771, "volume": 2480, "typical_volume": 4944.45, "trend": 42.583459, "fair_value": 61.330097, "relative_strength": -23.917669, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.614207, "energy": 37.61185, "activity_lines": [ 40.754591, 41.433413, 41.49274, 41.836587 ] }, { "date": "2026-06-19", "close": 40.687805, "volume": 115, "typical_volume": 4164.95, "trend": 42.473052, "fair_value": 61.276598, "relative_strength": -22.154458, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.722716, "energy": 25.919674, "activity_lines": [ 40.736941, 41.147491, 41.427275, 41.714287 ] }, { "date": "2026-06-26", "close": 39.617073, "volume": 2015, "typical_volume": 4108.7, "trend": 42.310288, "fair_value": 61.202001, "relative_strength": -22.704247, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.401463, "energy": 42.307237, "activity_lines": [ 40.356527, 40.738021, 41.268465, 41.53003 ] }, { "date": "2026-07-03", "close": 41.174503, "volume": 157, "typical_volume": 3894.8, "trend": 42.202772, "fair_value": 61.132058, "relative_strength": -19.511941, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.876698, "energy": 29.944188, "activity_lines": [ 40.500784, 40.709592, 41.268376, 41.456754 ] }, { "date": "2026-07-10", "close": 41.661198, "volume": 1014, "typical_volume": 3640.25, "trend": 42.074812, "fair_value": 61.030991, "relative_strength": -15.616909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.106509, "energy": 17.775635, "activity_lines": [ 40.888973, 40.828298, 41.316666, 41.421814 ] }, { "date": "2026-07-17", "close": 47.0, "volume": 2088, "typical_volume": 3680.45, "trend": 42.078145, "fair_value": 60.971485, "relative_strength": -3.580106, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.635333, "energy": 32.13544, "activity_lines": [ 43.006017, 41.947491, 41.866931, 41.739568 ] }, { "date": "2026-07-24", "close": 47.5, "volume": 6375, "typical_volume": 3900.55, "trend": 42.088145, "fair_value": 60.911515, "relative_strength": -1.807974, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.961372, "energy": 69.212544, "activity_lines": [ 44.829978, 43.059412, 42.430529, 42.089365 ] }, { "date": "2026-07-31", "close": 43.700001, "volume": 5180, "typical_volume": 3652.75, "trend": 42.018145, "fair_value": 60.840639, "relative_strength": -10.000211, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.657165, "energy": 63.264786, "activity_lines": [ 44.933127, 43.354969, 42.589366, 42.193355 ] }, { "date": "2026-08-07", "close": 44.0, "volume": 3702, "typical_volume": 3752.95, "trend": 41.928145, "fair_value": 60.774133, "relative_strength": -10.617978, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.399712, "energy": 65.265792, "activity_lines": [ 44.86408, 43.632345, 42.749631, 42.321217 ] } ], "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." } } }