{ "ticker": { "uuid": "a18efe09-40e4-4818-af70-795a0b494dba", "symbol": "R1MD34", "name": "ResMed Inc.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "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": -70.971, "architecture_energy": 89.295, "architecture_maturity": 100.0, "architecture_confidence": 96, "architecture_tenure": "Extended", "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": 4.03, "rotation_up": 30.0, "upward_expansion": 21.9, "deceleration": 37.03, "rotation_down": 60.09, "downward_expansion": 97.57 }, "activity_lines": [ 244.180005, 245.016912, 250.909034, 263.306471 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 243.850006, "trend_reference": 282.65829, "distance_from_trend": -0.137298, "trend_direction": "Weakening", "fair_value": 297.420953, "distance_from_fair_value": -0.180118, "fair_value_direction": "Weakening", "relative_strength": -25.743976, "relative_strength_direction": "Improving", "price_momentum": -0.266222, "excess_performance": -0.209174, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.137298, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.093955, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.180118, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.020931, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.25744, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.117324, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.266222, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.095238, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.095238, "dry_up": 0.042735, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.013655, "annualized_volatility": 0.244532, "from_high_reference": -0.382409, "from_low_reference": 0.004611 }, "levels": { "trend_reference": 282.65829, "fair_value_reference": 297.420953, "structural_low": 242.730667, "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": 22, "median_return": -1.3e-05, "positive_rate": 0.363636, "directional_follow_through": 0.5, "median_excess_return": -0.023717, "regime_survival": 0.772727, "best_return": 0.234507, "worst_return": -0.128579, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.037382, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.067516, "regime_survival": 0.5, "best_return": 0.191953, "worst_return": -0.236362, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.090352, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.095607, "regime_survival": 0.4, "best_return": 0.505653, "worst_return": -0.344458, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.053896, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.194488, "regime_survival": 0.333333, "best_return": -0.012981, "worst_return": -0.09069, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-06-30", "end": "2023-07-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-07-21", "end": "2023-08-04", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-08-18", "end": "2023-09-29", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-06", "end": "2024-01-19", "tenure": "Established", "return": 0.083936, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-26", "end": "2024-04-05", "tenure": "Developing", "return": 0.029347, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-12", "end": "2025-01-10", "tenure": "Extended", "return": 0.497453, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": -0.032483, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": -0.008902, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.110778, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-08-01", "tenure": "Developing", "return": 0.107107, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-09-19", "tenure": "Developing", "return": -0.049362, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.08799, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": 0.046801, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-08-07", "tenure": "Extended", "return": -0.289586, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 282.594086, "volume": 0, "typical_volume": 0.0, "trend": 281.90469, "fair_value": 287.39408, "relative_strength": -4.011264, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.804433, "energy": 96.379812, "activity_lines": [ 282.324066, 282.262698, 282.190475, 282.077293 ] }, { "date": "2023-08-25", "close": 282.594086, "volume": 0, "typical_volume": 0.0, "trend": 281.954421, "fair_value": 287.65274, "relative_strength": -4.265326, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.65546, "energy": 98.127592, "activity_lines": [ 282.432074, 282.328975, 282.239506, 282.12177 ] }, { "date": "2023-09-01", "close": 282.594086, "volume": 0, "typical_volume": 0.0, "trend": 282.004151, "fair_value": 287.911399, "relative_strength": -5.902419, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.222771, "energy": 98.32796, "activity_lines": [ 282.51308, 282.387889, 282.284131, 282.163039 ] }, { "date": "2023-09-08", "close": 282.594086, "volume": 0, "typical_volume": 0.0, "trend": 282.034991, "fair_value": 288.170058, "relative_strength": -3.825504, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.881851, "energy": 95.058647, "activity_lines": [ 282.567084, 282.439438, 282.32435, 282.201099 ] }, { "date": "2023-09-15", "close": 282.594086, "volume": 0, "typical_volume": 0.0, "trend": 282.065831, "fair_value": 288.428718, "relative_strength": -6.545847, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.333332, "energy": 88.566657, "activity_lines": [ 282.594086, 282.483623, 282.360163, 282.23717 ] }, { "date": "2023-09-22", "close": 282.594086, "volume": 0, "typical_volume": 0.0, "trend": 282.096671, "fair_value": 288.789054, "relative_strength": -4.280294, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.333286, "energy": 82.831903, "activity_lines": [ 282.594086, 282.520444, 282.391571, 282.271251 ] }, { "date": "2023-09-29", "close": 282.594086, "volume": 0, "typical_volume": 0.0, "trend": 282.127511, "fair_value": 289.14939, "relative_strength": -4.650083, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.999259, "energy": 68.098198, "activity_lines": [ 282.594086, 282.549901, 282.418573, 282.303342 ] }, { "date": "2023-10-06", "close": 183.283264, "volume": 88, "typical_volume": 4.4, "trend": 278.847991, "fair_value": 288.873118, "relative_strength": -36.476441, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.467289, "energy": 76.408496, "activity_lines": [ 249.490479, 264.51548, 272.985473, 275.926294 ] }, { "date": "2023-10-13", "close": 184.58847, "volume": 31, "typical_volume": 5.95, "trend": 275.611977, "fair_value": 288.605213, "relative_strength": -36.462492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.312691, "energy": 77.656288, "activity_lines": [ 223.442661, 248.516657, 264.147658, 269.845034 ] }, { "date": "2023-10-20", "close": 184.58847, "volume": 0, "typical_volume": 5.95, "trend": 272.375963, "fair_value": 288.246648, "relative_strength": -34.664108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.953431, "energy": 78.233627, "activity_lines": [ 203.928552, 234.29239, 255.774608, 263.97255 ] }, { "date": "2023-10-27", "close": 184.578659, "volume": 1, "typical_volume": 6.0, "trend": 269.139622, "fair_value": 287.694946, "relative_strength": -34.353321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.752644, "energy": 74.663422, "activity_lines": [ 190.94488, 221.840895, 247.865388, 258.308208 ] }, { "date": "2023-11-03", "close": 184.578659, "volume": 0, "typical_volume": 6.0, "trend": 265.903281, "fair_value": 287.062494, "relative_strength": -36.669547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.333301, "energy": 88.566593, "activity_lines": [ 184.49557, 211.171499, 240.420979, 252.852662 ] }, { "date": "2023-11-10", "close": 184.986801, "volume": 0, "typical_volume": 6.0, "trend": 262.680545, "fair_value": 286.429595, "relative_strength": -37.37424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.332801, "energy": 88.560633, "activity_lines": [ 184.716669, 202.358409, 233.480253, 247.632244 ] }, { "date": "2023-11-17", "close": 184.986801, "volume": 0, "typical_volume": 6.0, "trend": 259.457809, "fair_value": 285.796695, "relative_strength": -39.079208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.994892, "energy": 68.08759, "activity_lines": [ 184.824198, 195.319997, 227.002394, 242.619744 ] }, { "date": "2023-11-24", "close": 184.986801, "volume": 0, "typical_volume": 6.0, "trend": 256.235073, "fair_value": 285.163796, "relative_strength": -38.792348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.63589, "energy": 67.558494, "activity_lines": [ 184.905173, 190.056263, 220.987403, 237.815163 ] }, { "date": "2023-12-01", "close": 184.573715, "volume": 6, "typical_volume": 6.3, "trend": 252.998568, "fair_value": 284.528249, "relative_strength": -39.581269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.328539, "energy": 67.634389, "activity_lines": [ 184.821896, 186.4921, 215.395939, 233.191849 ] }, { "date": "2023-12-08", "close": 198.667297, "volume": 17, "typical_volume": 7.15, "trend": 250.214509, "fair_value": 283.983045, "relative_strength": -33.833179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.586663, "energy": 62.204357, "activity_lines": [ 189.43681, 187.272596, 211.611556, 229.686606 ] }, { "date": "2023-12-15", "close": 198.667297, "volume": 0, "typical_volume": 7.15, "trend": 247.43045, "fair_value": 283.582722, "relative_strength": -34.705921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.985471, "energy": 58.332918, "activity_lines": [ 193.112481, 189.579033, 208.224895, 226.36098 ] }, { "date": "2023-12-22", "close": 198.667297, "volume": 0, "typical_volume": 7.15, "trend": 244.646392, "fair_value": 283.182398, "relative_strength": -35.337479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.805748, "energy": 50.71125, "activity_lines": [ 195.87612, 191.60576, 205.235957, 223.21497 ] }, { "date": "2023-12-29", "close": 198.667297, "volume": 0, "typical_volume": 7.15, "trend": 241.862333, "fair_value": 282.782075, "relative_strength": -35.392135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.465481, "energy": 40.556685, "activity_lines": [ 197.727725, 193.376509, 202.644741, 220.248576 ] }, { "date": "2024-01-05", "close": 198.667297, "volume": 0, "typical_volume": 7.15, "trend": 239.078274, "fair_value": 282.230706, "relative_strength": -33.672531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.456298, "energy": 81.882546, "activity_lines": [ 198.667297, 194.891279, 200.451248, 217.4618 ] }, { "date": "2024-01-12", "close": 198.667297, "volume": 0, "typical_volume": 7.15, "trend": 236.294216, "fair_value": 281.720705, "relative_strength": -32.504118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.817495, "energy": 83.105904, "activity_lines": [ 198.667297, 196.149891, 198.657407, 214.85464 ] }, { "date": "2024-01-19", "close": 198.667297, "volume": 0, "typical_volume": 7.15, "trend": 233.510157, "fair_value": 281.210704, "relative_strength": -30.101157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.917879, "energy": 83.350178, "activity_lines": [ 198.667297, 197.152347, 197.263217, 212.427097 ] }, { "date": "2024-01-26", "close": 230.050827, "volume": 666, "typical_volume": 40.45, "trend": 231.772216, "fair_value": 280.901879, "relative_strength": -19.396968, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 24.141246, "energy": 55.687782, "activity_lines": [ 209.128474, 203.612163, 199.257586, 212.203914 ] }, { "date": "2024-02-02", "close": 238.194229, "volume": 2, "typical_volume": 40.55, "trend": 230.305722, "fair_value": 280.727252, "relative_strength": -14.840995, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 40.060066, "energy": 58.533665, "activity_lines": [ 220.211882, 210.733252, 202.277723, 212.618238 ] }, { "date": "2024-02-09", "close": 234.329208, "volume": 2, "typical_volume": 40.65, "trend": 228.710394, "fair_value": 280.524532, "relative_strength": -16.207925, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 36.691592, "energy": 57.782285, "activity_lines": [ 227.371822, 216.184201, 205.141191, 212.877818 ] }, { "date": "2024-02-16", "close": 224.63446, "volume": 39, "typical_volume": 42.6, "trend": 226.791907, "fair_value": 280.281225, "relative_strength": -19.521991, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.928426, "energy": 55.416565, "activity_lines": [ 228.922718, 218.967824, 207.311182, 212.614854 ] }, { "date": "2024-02-23", "close": 227.737961, "volume": 12, "typical_volume": 38.8, "trend": 224.976871, "fair_value": 280.057812, "relative_strength": -18.193501, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.771737, "energy": 55.07441, "activity_lines": [ 229.77697, 221.84359, 210.052743, 212.67589 ] }, { "date": "2024-03-01", "close": 212.41748, "volume": 391, "typical_volume": 56.8, "trend": 222.651151, "fair_value": 279.736191, "relative_strength": -22.819064, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.21815, "energy": 42.611231, "activity_lines": [ 223.586351, 221.405256, 211.123521, 211.865607 ] }, { "date": "2024-03-08", "close": 234.762695, "volume": 88, "typical_volume": 61.2, "trend": 221.070273, "fair_value": 279.60043, "relative_strength": -12.597271, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 54.233122, "energy": 47.352018, "activity_lines": [ 226.019694, 224.779685, 214.189896, 212.646996 ] }, { "date": "2024-03-15", "close": 236.220871, "volume": 369, "typical_volume": 79.6, "trend": 219.524499, "fair_value": 279.508671, "relative_strength": -11.099668, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.940117, "energy": 50.321112, "activity_lines": [ 229.167864, 227.762957, 217.15622, 213.624454 ] }, { "date": "2024-03-22", "close": 238.585449, "volume": 48, "typical_volume": 82.0, "trend": 218.057544, "fair_value": 279.436888, "relative_strength": -9.605408, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.705063, "energy": 53.719064, "activity_lines": [ 232.978116, 230.49336, 220.101827, 214.854193 ] }, { "date": "2024-03-29", "close": 245.442688, "volume": 60, "typical_volume": 85.0, "trend": 216.819164, "fair_value": 279.40906, "relative_strength": -7.060548, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.178588, "energy": 80.157739, "activity_lines": [ 238.144048, 233.744749, 223.443328, 216.620977 ] }, { "date": "2024-04-05", "close": 236.80217, "volume": 88, "typical_volume": 89.4, "trend": 215.292767, "fair_value": 279.325845, "relative_strength": -8.615741, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.590174, "energy": 75.12358, "activity_lines": [ 239.249492, 234.574673, 225.674039, 217.910203 ] }, { "date": "2024-04-12", "close": 234.329208, "volume": 71, "typical_volume": 92.95, "trend": 213.683938, "fair_value": 279.226778, "relative_strength": -8.278894, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.64549, "energy": 54.88194, "activity_lines": [ 237.90497, 234.832216, 227.422489, 219.13836 ] }, { "date": "2024-04-19", "close": 231.59024, "volume": 16, "typical_volume": 93.45, "trend": 211.98381, "fair_value": 279.110153, "relative_strength": -8.016022, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.144717, "energy": 43.155327, "activity_lines": [ 235.676358, 234.662038, 228.675121, 220.293606 ] }, { "date": "2024-04-26", "close": 274.054047, "volume": 85, "typical_volume": 96.85, "trend": 211.699142, "fair_value": 279.252204, "relative_strength": 8.193025, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.512281, "energy": 65.612898, "activity_lines": [ 247.911056, 242.262352, 233.748037, 224.298137 ] }, { "date": "2024-05-03", "close": 273.384064, "volume": 464, "typical_volume": 120.05, "trend": 214.702502, "fair_value": 279.410963, "relative_strength": 6.828972, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.784183, "energy": 85.825899, "activity_lines": [ 257.557854, 248.842312, 238.398161, 228.277809 ] }, { "date": "2024-05-10", "close": 271.381226, "volume": 105, "typical_volume": 125.3, "trend": 217.595594, "fair_value": 279.553848, "relative_strength": 7.293825, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.42693, "energy": 90.001509, "activity_lines": [ 264.674281, 254.228191, 242.501744, 231.934501 ] }, { "date": "2024-05-17", "close": 278.52594, "volume": 47, "typical_volume": 127.65, "trend": 220.726843, "fair_value": 279.742532, "relative_strength": 10.045115, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.398055, "energy": 92.322455, "activity_lines": [ 271.867009, 259.841041, 246.939519, 235.865491 ] }, { "date": "2024-05-24", "close": 270.976654, "volume": 51, "typical_volume": 130.2, "trend": 223.606776, "fair_value": 279.882823, "relative_strength": 10.767139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.58992, "energy": 86.252836, "activity_lines": [ 273.596859, 263.285598, 250.278035, 239.107415 ] }, { "date": "2024-05-31", "close": 270.976654, "volume": 0, "typical_volume": 130.2, "trend": 226.486709, "fair_value": 280.023114, "relative_strength": 13.088178, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.241641, "energy": 76.437401, "activity_lines": [ 272.700948, 266.098232, 253.272221, 242.163536 ] }, { "date": "2024-06-07", "close": 273.907532, "volume": 82, "typical_volume": 134.3, "trend": 229.450733, "fair_value": 280.127174, "relative_strength": 15.733834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.400902, "energy": 74.293584, "activity_lines": [ 272.987156, 268.854822, 256.201208, 245.222944 ] }, { "date": "2024-06-14", "close": 277.696991, "volume": 29, "typical_volume": 102.45, "trend": 232.541073, "fair_value": 280.025854, "relative_strength": 18.483019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.769689, "energy": 66.283852, "activity_lines": [ 274.50162, 271.782861, 259.132809, 248.335606 ] }, { "date": "2024-06-21", "close": 277.696991, "volume": 0, "typical_volume": 102.35, "trend": 235.631413, "fair_value": 279.924534, "relative_strength": 16.939123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.028726, "energy": 64.797469, "activity_lines": [ 275.595032, 273.967358, 261.837524, 251.248891 ] }, { "date": "2024-06-28", "close": 277.696991, "volume": 0, "typical_volume": 102.25, "trend": 238.735522, "fair_value": 279.799634, "relative_strength": 14.684769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.544753, "energy": 64.387887, "activity_lines": [ 276.743707, 275.363351, 264.35413, 253.962799 ] }, { "date": "2024-07-05", "close": 277.696991, "volume": 0, "typical_volume": 100.3, "trend": 241.369845, "fair_value": 279.554794, "relative_strength": 12.734377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.524833, "energy": 65.04012, "activity_lines": [ 277.44436, 275.921038, 266.664223, 256.476442 ] }, { "date": "2024-07-12", "close": 277.696991, "volume": 0, "typical_volume": 99.7, "trend": 244.004168, "fair_value": 279.309953, "relative_strength": 10.699211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.211204, "energy": 63.602595, "activity_lines": [ 277.696991, 276.412491, 268.721637, 258.820129 ] }, { "date": "2024-07-19", "close": 281.881256, "volume": 5, "typical_volume": 80.4, "trend": 246.777967, "fair_value": 279.052883, "relative_strength": 13.650676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.799451, "energy": 79.212763, "activity_lines": [ 279.091746, 277.586302, 270.939652, 261.263812 ] }, { "date": "2024-07-26", "close": 281.881256, "volume": 0, "typical_volume": 76.0, "trend": 249.551765, "fair_value": 278.795812, "relative_strength": 13.915574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.34411, "energy": 92.646692, "activity_lines": [ 280.20755, 278.569203, 272.826888, 263.52854 ] }, { "date": "2024-08-02", "close": 281.881256, "volume": 0, "typical_volume": 57.55, "trend": 252.325564, "fair_value": 278.538742, "relative_strength": 15.537294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.017641, "energy": 90.847056, "activity_lines": [ 281.044403, 279.491098, 274.48975, 265.614314 ] }, { "date": "2024-08-09", "close": 281.881256, "volume": 0, "typical_volume": 55.15, "trend": 255.099363, "fair_value": 278.281671, "relative_strength": 11.582701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.426317, "energy": 89.874292, "activity_lines": [ 281.602305, 280.214728, 275.935181, 267.521133 ] }, { "date": "2024-08-16", "close": 291.412994, "volume": 5, "typical_volume": 52.4, "trend": 258.190886, "fair_value": 278.082224, "relative_strength": 12.787584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.636495, "energy": 99.09113, "activity_lines": [ 285.058502, 282.473136, 278.082226, 269.863948 ] }, { "date": "2024-08-23", "close": 291.412994, "volume": 0, "typical_volume": 48.0, "trend": 260.236291, "fair_value": 277.882776, "relative_strength": 11.734876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.546041, "energy": 99.489745, "activity_lines": [ 287.600299, 284.413263, 280.010365, 272.007309 ] }, { "date": "2024-08-30", "close": 291.412994, "volume": 0, "typical_volume": 44.45, "trend": 262.01025, "fair_value": 277.683329, "relative_strength": 11.693618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.833143, "energy": 97.14088, "activity_lines": [ 289.506646, 286.104008, 281.678452, 274.01871 ] }, { "date": "2024-09-06", "close": 336.105164, "volume": 256, "typical_volume": 56.45, "trend": 265.402782, "fair_value": 277.412916, "relative_strength": 30.132987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.972083, "energy": 79.952517, "activity_lines": [ 305.674935, 295.67122, 287.331109, 278.799027 ] }, { "date": "2024-09-13", "close": 351.921814, "volume": 1710, "typical_volume": 137.7, "trend": 269.645694, "fair_value": 277.350769, "relative_strength": 35.631773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.964628, "energy": 92.800502, "activity_lines": [ 323.500513, 307.052219, 293.992423, 284.3809 ] }, { "date": "2024-09-20", "close": 318.548523, "volume": 1672, "typical_volume": 198.1, "trend": 272.672713, "fair_value": 277.018958, "relative_strength": 26.351969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.629729, "energy": 68.967277, "activity_lines": [ 325.53229, 311.015806, 297.10453, 287.535921 ] }, { "date": "2024-09-27", "close": 325.23114, "volume": 60, "typical_volume": 195.85, "trend": 276.433168, "fair_value": 276.729984, "relative_strength": 27.35131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.261398, "energy": 68.45638, "activity_lines": [ 327.98257, 315.451658, 300.638008, 290.926787 ] }, { "date": "2024-10-04", "close": 327.208191, "volume": 11, "typical_volume": 194.05, "trend": 279.514685, "fair_value": 276.644685, "relative_strength": 27.915606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.745287, "energy": 67.577986, "activity_lines": [ 328.837325, 319.458795, 304.103348, 294.202595 ] }, { "date": "2024-10-11", "close": 327.208191, "volume": 0, "typical_volume": 191.5, "trend": 282.547595, "fair_value": 276.559387, "relative_strength": 28.512264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.118138, "energy": 64.042385, "activity_lines": [ 327.305733, 322.641806, 307.336868, 297.279596 ] }, { "date": "2024-10-18", "close": 339.130066, "volume": 2, "typical_volume": 191.6, "trend": 285.899082, "fair_value": 276.55051, "relative_strength": 31.428783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.553174, "energy": 70.216417, "activity_lines": [ 330.341231, 327.168304, 311.438036, 300.930078 ] }, { "date": "2024-10-25", "close": 364.337952, "volume": 30, "typical_volume": 189.0, "trend": 289.862258, "fair_value": 276.703223, "relative_strength": 40.252865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.153607, "energy": 74.603628, "activity_lines": [ 342.632141, 335.237167, 317.615414, 305.99065 ] }, { "date": "2024-11-01", "close": 355.332336, "volume": 259, "typical_volume": 200.5, "trend": 293.813263, "fair_value": 276.798208, "relative_strength": 37.081282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.533908, "energy": 69.533336, "activity_lines": [ 348.868551, 340.342736, 322.504494, 310.214526 ] }, { "date": "2024-11-08", "close": 360.738342, "volume": 41, "typical_volume": 202.55, "trend": 298.026901, "fair_value": 276.924186, "relative_strength": 37.795878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.818285, "energy": 70.214421, "activity_lines": [ 354.900216, 345.269046, 327.538739, 314.532273 ] }, { "date": "2024-11-15", "close": 332.669373, "volume": 319, "typical_volume": 218.5, "trend": 301.396206, "fair_value": 276.772867, "relative_strength": 25.784146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.062402, "energy": 62.180318, "activity_lines": [ 349.340214, 343.831446, 329.504314, 316.767271 ] }, { "date": "2024-11-22", "close": 347.916718, "volume": 5, "typical_volume": 218.75, "trend": 303.858295, "fair_value": 276.719287, "relative_strength": 28.729824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.890476, "energy": 52.454431, "activity_lines": [ 348.498582, 345.22856, 332.660244, 319.768594 ] }, { "date": "2024-11-29", "close": 377.223297, "volume": 7, "typical_volume": 219.1, "trend": 307.319602, "fair_value": 276.897411, "relative_strength": 41.386249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.363516, "energy": 59.494994, "activity_lines": [ 356.840033, 352.026963, 338.272897, 324.50182 ] }, { "date": "2024-12-06", "close": 363.203644, "volume": 50, "typical_volume": 221.35, "trend": 310.38035, "fair_value": 276.985666, "relative_strength": 34.225432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.754376, "energy": 54.954731, "activity_lines": [ 359.649243, 355.209523, 342.07641, 328.107242 ] }, { "date": "2024-12-13", "close": 366.698669, "volume": 1, "typical_volume": 221.4, "trend": 313.319441, "fair_value": 277.096324, "relative_strength": 35.252543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.247871, "energy": 60.889141, "activity_lines": [ 363.098708, 358.337134, 345.825533, 331.740682 ] }, { "date": "2024-12-20", "close": 357.857239, "volume": 88, "typical_volume": 225.8, "trend": 316.21546, "fair_value": 277.150307, "relative_strength": 33.018455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.883132, "energy": 67.429145, "activity_lines": [ 363.203674, 359.139203, 348.328723, 334.614089 ] }, { "date": "2024-12-27", "close": 359.639343, "volume": 7, "typical_volume": 226.15, "trend": 319.170883, "fair_value": 277.171748, "relative_strength": 33.953152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.274585, "energy": 51.674867, "activity_lines": [ 362.223484, 359.708036, 350.639847, 337.415629 ] }, { "date": "2025-01-03", "close": 359.639343, "volume": 0, "typical_volume": 225.9, "trend": 322.02861, "fair_value": 277.193189, "relative_strength": 34.147692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.866988, "energy": 45.214589, "activity_lines": [ 360.461786, 359.903972, 352.580694, 340.026498 ] }, { "date": "2025-01-10", "close": 350.896912, "volume": 78, "typical_volume": 229.8, "trend": 324.468608, "fair_value": 277.286509, "relative_strength": 28.956922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.997134, "energy": 29.799871, "activity_lines": [ 356.958207, 358.595805, 353.364041, 341.888969 ] }, { "date": "2025-01-17", "close": 345.986084, "volume": 2, "typical_volume": 229.9, "trend": 326.744911, "fair_value": 277.348349, "relative_strength": 22.215854, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.185356, "energy": 20.14651, "activity_lines": [ 352.638135, 356.475405, 353.396433, 343.277193 ] }, { "date": "2025-01-24", "close": 345.986084, "volume": 0, "typical_volume": 217.1, "trend": 329.021214, "fair_value": 277.41019, "relative_strength": 21.070717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.183591, "energy": 21.273693, "activity_lines": [ 349.698901, 354.623227, 353.168954, 344.518559 ] }, { "date": "2025-01-31", "close": 348.867188, "volume": 200, "typical_volume": 141.6, "trend": 331.393554, "fair_value": 277.490499, "relative_strength": 17.643873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.308897, "energy": 18.611104, "activity_lines": [ 348.511446, 353.052764, 353.168814, 345.798945 ] }, { "date": "2025-02-07", "close": 351.035461, "volume": 1, "typical_volume": 58.05, "trend": 333.838169, "fair_value": 277.581416, "relative_strength": 18.855959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.163657, "energy": 16.262624, "activity_lines": [ 348.764893, 351.859251, 353.389721, 347.066164 ] }, { "date": "2025-02-14", "close": 338.128876, "volume": 6, "typical_volume": 55.35, "trend": 335.71309, "fair_value": 277.589598, "relative_strength": 10.471898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.649219, "energy": 16.351681, "activity_lines": [ 345.289736, 348.795229, 352.22673, 347.342984 ] }, { "date": "2025-02-21", "close": 338.128876, "volume": 0, "typical_volume": 54.8, "trend": 337.588011, "fair_value": 277.597781, "relative_strength": 10.617884, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.3355, "energy": 28.087336, "activity_lines": [ 342.665782, 346.187112, 351.002322, 347.498841 ] }, { "date": "2025-02-28", "close": 334.747589, "volume": 8, "typical_volume": 55.2, "trend": 339.350222, "fair_value": 277.584288, "relative_strength": 12.399938, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -18.980753, "energy": 52.528616, "activity_lines": [ 339.438546, 343.483667, 349.403883, 347.315588 ] }, { "date": "2025-03-07", "close": 320.796051, "volume": 7, "typical_volume": 55.45, "trend": 340.647382, "fair_value": 277.732246, "relative_strength": 5.190074, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.58252, "energy": 79.638011, "activity_lines": [ 332.31003, 338.663753, 346.440824, 346.118545 ] }, { "date": "2025-03-14", "close": 320.796051, "volume": 0, "typical_volume": 53.95, "trend": 341.626817, "fair_value": 277.880204, "relative_strength": 1.49171, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.628502, "energy": 84.77909, "activity_lines": [ 327.052924, 334.550081, 343.56507, 344.837814 ] }, { "date": "2025-03-21", "close": 320.796051, "volume": 0, "typical_volume": 41.0, "trend": 342.606252, "fair_value": 278.028162, "relative_strength": -1.528071, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.135149, "energy": 84.022516, "activity_lines": [ 323.811778, 331.142651, 340.896658, 343.493894 ] }, { "date": "2025-03-28", "close": 317.940308, "volume": 112, "typical_volume": 44.55, "trend": 343.490496, "fair_value": 278.255331, "relative_strength": -2.453736, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.863673, "energy": 93.903653, "activity_lines": [ 320.774239, 327.763283, 338.120729, 341.902543 ] }, { "date": "2025-04-04", "close": 317.940308, "volume": 0, "typical_volume": 28.6, "trend": 342.885001, "fair_value": 278.518944, "relative_strength": 0.613638, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.385032, "energy": 91.142724, "activity_lines": [ 319.082605, 324.893838, 335.548601, 340.254143 ] }, { "date": "2025-04-11", "close": 300.200958, "volume": 106, "typical_volume": 33.65, "trend": 341.160972, "fair_value": 278.668843, "relative_strength": -5.6754, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.241238, "energy": 99.129605, "activity_lines": [ 312.59834, 319.308981, 331.357149, 337.500334 ] }, { "date": "2025-04-18", "close": 311.69339, "volume": 1, "typical_volume": 33.35, "trend": 340.932468, "fair_value": 278.959766, "relative_strength": -3.960931, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.485608, "energy": 86.452985, "activity_lines": [ 311.317892, 316.698496, 328.487432, 335.5992 ] }, { "date": "2025-04-25", "close": 331.405975, "volume": 2265, "typical_volume": 144.1, "trend": 341.138296, "fair_value": 279.392165, "relative_strength": -1.964956, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.767778, "energy": 62.595055, "activity_lines": [ 317.215149, 318.387429, 327.807151, 334.984587 ] }, { "date": "2025-05-02", "close": 331.405975, "volume": 0, "typical_volume": 144.05, "trend": 341.278222, "fair_value": 279.945714, "relative_strength": -2.494466, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.336304, "energy": 47.127937, "activity_lines": [ 322.405078, 320.198596, 327.278288, 334.356696 ] }, { "date": "2025-05-09", "close": 341.730499, "volume": 4, "typical_volume": 139.85, "trend": 341.762299, "fair_value": 280.589952, "relative_strength": -0.757405, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.338174, "energy": 26.935254, "activity_lines": [ 330.138804, 324.009184, 327.900774, 334.385875 ] }, { "date": "2025-05-16", "close": 353.161224, "volume": 50, "typical_volume": 142.0, "trend": 342.230004, "fair_value": 281.338503, "relative_strength": 0.312795, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 24.51349, "energy": 41.860536, "activity_lines": [ 340.096759, 329.771124, 329.688693, 335.121289 ] }, { "date": "2025-05-23", "close": 342.236938, "volume": 29, "typical_volume": 143.45, "trend": 341.493303, "fair_value": 282.017027, "relative_strength": -2.054622, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.649616, "energy": 41.063543, "activity_lines": [ 342.882601, 332.958372, 330.467053, 335.121737 ] }, { "date": "2025-05-30", "close": 350.02301, "volume": 90, "typical_volume": 144.05, "trend": 341.316326, "fair_value": 282.745461, "relative_strength": 0.500896, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.343339, "energy": 48.230908, "activity_lines": [ 346.227563, 337.171435, 332.069812, 335.67204 ] }, { "date": "2025-06-06", "close": 350.02301, "volume": 0, "typical_volume": 143.95, "trend": 340.959148, "fair_value": 283.371803, "relative_strength": 0.951963, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.869385, "energy": 67.341808, "activity_lines": [ 348.33139, 340.853099, 333.676733, 336.233762 ] }, { "date": "2025-06-13", "close": 350.02301, "volume": 0, "typical_volume": 143.95, "trend": 341.537603, "fair_value": 284.014475, "relative_strength": -0.039192, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.725589, "energy": 61.298001, "activity_lines": [ 349.194081, 343.951441, 335.26443, 336.818527 ] }, { "date": "2025-06-20", "close": 344.809143, "volume": 67, "typical_volume": 137.3, "trend": 341.434017, "fair_value": 284.623725, "relative_strength": -1.626181, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.06739, "energy": 37.492661, "activity_lines": [ 347.765983, 345.518485, 336.336345, 337.029594 ] }, { "date": "2025-06-27", "close": 355.236847, "volume": 2, "typical_volume": 137.35, "trend": 340.701135, "fair_value": 285.299818, "relative_strength": 1.264028, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.607243, "energy": 44.023586, "activity_lines": [ 350.370591, 348.170418, 338.420698, 337.9201 ] }, { "date": "2025-07-04", "close": 345.851898, "volume": 16, "typical_volume": 137.85, "trend": 340.122744, "fair_value": 285.704899, "relative_strength": -4.800314, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.341, "energy": 31.086069, "activity_lines": [ 348.980222, 348.324297, 339.59124, 338.252407 ] }, { "date": "2025-07-11", "close": 346.547089, "volume": 29, "typical_volume": 139.3, "trend": 339.451024, "fair_value": 286.114436, "relative_strength": -1.191684, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.600351, "energy": 24.392341, "activity_lines": [ 348.099658, 348.341921, 340.791215, 338.666881 ] }, { "date": "2025-07-18", "close": 346.547089, "volume": 0, "typical_volume": 138.9, "trend": 339.074019, "fair_value": 286.492809, "relative_strength": 0.593786, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 45.027235, "energy": 33.692997, "activity_lines": [ 347.450822, 348.084252, 341.951103, 339.124691 ] }, { "date": "2025-07-25", "close": 346.547089, "volume": 0, "typical_volume": 138.55, "trend": 338.637611, "fair_value": 286.737738, "relative_strength": 0.200009, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 41.710575, "energy": 29.17715, "activity_lines": [ 347.033714, 347.739009, 343.054803, 339.606825 ] }, { "date": "2025-08-01", "close": 378.892792, "volume": 5, "typical_volume": 138.8, "trend": 339.279392, "fair_value": 287.23439, "relative_strength": 9.944506, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.941954, "energy": 82.212512, "activity_lines": [ 357.282644, 353.39506, 347.116422, 342.203933 ] }, { "date": "2025-08-08", "close": 378.892792, "volume": 0, "typical_volume": 138.8, "trend": 340.212588, "fair_value": 287.731042, "relative_strength": 6.63644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.423308, "energy": 95.29021, "activity_lines": [ 365.954511, 358.384641, 350.901389, 344.759637 ] }, { "date": "2025-08-15", "close": 382.448273, "volume": 10, "typical_volume": 133.7, "trend": 341.427995, "fair_value": 288.291647, "relative_strength": 6.804557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.227754, "energy": 96.034949, "activity_lines": [ 373.608812, 363.495768, 354.748323, 347.484519 ] }, { "date": "2025-08-22", "close": 394.840485, "volume": 4, "typical_volume": 133.9, "trend": 343.056475, "fair_value": 288.966159, "relative_strength": 8.399126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.81249, "energy": 97.809265, "activity_lines": [ 383.000438, 370.270474, 359.468287, 350.930487 ] }, { "date": "2025-08-29", "close": 370.195313, "volume": 35, "typical_volume": 130.35, "trend": 343.767412, "fair_value": 289.60321, "relative_strength": -1.191022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.108422, "energy": 88.123718, "activity_lines": [ 380.957447, 371.749376, 361.4749, 352.681379 ] }, { "date": "2025-09-05", "close": 364.217957, "volume": 282, "typical_volume": 144.4, "trend": 344.206829, "fair_value": 290.201944, "relative_strength": -3.655584, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.860009, "energy": 65.653873, "activity_lines": [ 375.345455, 371.67992, 362.578935, 354.000769 ] }, { "date": "2025-09-12", "close": 369.091339, "volume": 95, "typical_volume": 35.9, "trend": 345.238911, "fair_value": 290.831918, "relative_strength": -2.103375, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.228557, "energy": 50.662934, "activity_lines": [ 372.336247, 372.33324, 363.896984, 355.606222 ] }, { "date": "2025-09-19", "close": 360.190033, "volume": 46, "typical_volume": 38.2, "trend": 345.974283, "fair_value": 291.345821, "relative_strength": -6.84388, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.861949, "energy": 28.858657, "activity_lines": [ 367.013367, 370.945606, 364.187836, 356.57081 ] }, { "date": "2025-09-26", "close": 358.419678, "volume": 257, "typical_volume": 50.85, "trend": 346.763352, "fair_value": 291.848376, "relative_strength": -7.044745, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.496507, "energy": 30.194225, "activity_lines": [ 362.584251, 368.988035, 364.173016, 357.373739 ] }, { "date": "2025-10-03", "close": 359.493805, "volume": 211, "typical_volume": 58.9, "trend": 348.053278, "fair_value": 292.357816, "relative_strength": -5.967552, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.265166, "energy": 27.407256, "activity_lines": [ 360.941231, 367.009895, 364.181021, 358.195058 ] }, { "date": "2025-10-10", "close": 371.746826, "volume": 70, "typical_volume": 60.95, "trend": 349.751637, "fair_value": 292.945801, "relative_strength": -0.419388, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.028426, "energy": 26.131604, "activity_lines": [ 364.095986, 367.024182, 365.325825, 359.723674 ] }, { "date": "2025-10-17", "close": 366.485565, "volume": 15, "typical_volume": 57.2, "trend": 351.274621, "fair_value": 293.520354, "relative_strength": -3.660136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.677986, "energy": 16.755972, "activity_lines": [ 364.995062, 366.211803, 365.829034, 360.803283 ] }, { "date": "2025-10-24", "close": 348.93158, "volume": 9, "typical_volume": 57.65, "trend": 352.307663, "fair_value": 293.982382, "relative_strength": -9.741388, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.071674, "energy": 7.439067, "activity_lines": [ 360.216528, 362.433376, 364.582042, 360.652119 ] }, { "date": "2025-10-31", "close": 339.821381, "volume": 12, "typical_volume": 58.25, "trend": 353.037032, "fair_value": 294.386012, "relative_strength": -13.763571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -19.232013, "energy": 26.047341, "activity_lines": [ 353.151825, 357.607944, 362.472608, 359.846552 ] }, { "date": "2025-11-07", "close": 326.882172, "volume": 4, "typical_volume": 55.1, "trend": 353.926406, "fair_value": 294.703063, "relative_strength": -19.069413, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.567766, "energy": 67.809416, "activity_lines": [ 343.013939, 351.430276, 359.179449, 358.159142 ] }, { "date": "2025-11-14", "close": 325.496429, "volume": 13, "typical_volume": 55.65, "trend": 354.386507, "fair_value": 295.011232, "relative_strength": -20.977186, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.61214, "energy": 77.84693, "activity_lines": [ 334.588247, 345.788166, 355.83968, 356.32495 ] }, { "date": "2025-11-21", "close": 325.496429, "volume": 0, "typical_volume": 54.85, "trend": 354.189522, "fair_value": 295.3194, "relative_strength": -19.109019, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.68457, "energy": 80.726754, "activity_lines": [ 329.245915, 340.850084, 352.641532, 354.461074 ] }, { "date": "2025-11-28", "close": 340.730103, "volume": 6, "typical_volume": 53.7, "trend": 354.500327, "fair_value": 295.624477, "relative_strength": -17.08596, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.506311, "energy": 85.823066, "activity_lines": [ 331.714083, 339.474395, 350.991142, 353.592724 ] }, { "date": "2025-12-05", "close": 343.250763, "volume": 3, "typical_volume": 53.85, "trend": 354.551002, "fair_value": 295.945712, "relative_strength": -15.124743, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.265359, "energy": 71.923214, "activity_lines": [ 335.569236, 338.910825, 349.608514, 352.866946 ] }, { "date": "2025-12-12", "close": 343.250763, "volume": 0, "typical_volume": 53.85, "trend": 354.220653, "fair_value": 296.266947, "relative_strength": -16.412997, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.172472, "energy": 44.634052, "activity_lines": [ 339.195764, 338.623054, 348.241582, 352.137898 ] }, { "date": "2025-12-19", "close": 336.28653, "volume": 32, "typical_volume": 55.2, "trend": 354.022306, "fair_value": 296.54354, "relative_strength": -16.415047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.065402, "energy": 36.037405, "activity_lines": [ 339.409642, 337.364387, 346.227088, 350.980858 ] }, { "date": "2025-12-26", "close": 333.118256, "volume": 1, "typical_volume": 55.25, "trend": 353.458815, "fair_value": 296.799823, "relative_strength": -17.877681, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.692312, "energy": 44.293719, "activity_lines": [ 337.848088, 336.174402, 344.11374, 349.632209 ] }, { "date": "2026-01-02", "close": 333.118256, "volume": 0, "typical_volume": 54.75, "trend": 352.895323, "fair_value": 297.056106, "relative_strength": -17.087976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.820248, "energy": 49.92295, "activity_lines": [ 335.778412, 335.591096, 342.218366, 348.319915 ] }, { "date": "2026-01-09", "close": 337.990234, "volume": 48, "typical_volume": 56.95, "trend": 352.49423, "fair_value": 297.34362, "relative_strength": -16.768125, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.936205, "energy": 55.908554, "activity_lines": [ 335.840186, 336.181119, 341.021894, 347.358297 ] }, { "date": "2026-01-16", "close": 337.990234, "volume": 0, "typical_volume": 55.2, "trend": 352.266933, "fair_value": 297.631133, "relative_strength": -16.991392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.636579, "energy": 50.365901, "activity_lines": [ 336.252661, 336.804435, 340.096138, 346.422555 ] }, { "date": "2026-01-23", "close": 342.70282, "volume": 11, "typical_volume": 41.65, "trend": 351.849132, "fair_value": 298.026009, "relative_strength": -21.896848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.846126, "energy": 36.620162, "activity_lines": [ 338.5867, 338.082621, 339.772558, 345.805515 ] }, { "date": "2026-01-30", "close": 332.321198, "volume": 45, "typical_volume": 39.15, "trend": 351.398109, "fair_value": 298.354337, "relative_strength": -24.758356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.340161, "energy": 43.940914, "activity_lines": [ 337.032446, 337.160395, 338.562704, 344.545649 ] }, { "date": "2026-02-06", "close": 332.321198, "volume": 0, "typical_volume": 36.85, "trend": 350.923913, "fair_value": 298.679031, "relative_strength": -24.816681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.192608, "energy": 55.943021, "activity_lines": [ 335.53133, 336.114083, 337.527947, 343.31488 ] }, { "date": "2026-02-13", "close": 328.880341, "volume": 204, "typical_volume": 34.2, "trend": 350.335021, "fair_value": 298.981668, "relative_strength": -26.486293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.419215, "energy": 48.320292, "activity_lines": [ 332.936398, 334.595049, 336.298197, 341.892714 ] }, { "date": "2026-02-20", "close": 328.880341, "volume": 0, "typical_volume": 23.65, "trend": 349.74613, "fair_value": 299.284306, "relative_strength": -27.514169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.738747, "energy": 53.682422, "activity_lines": [ 330.948792, 333.337296, 335.209111, 340.508541 ] }, { "date": "2026-02-27", "close": 331.76413, "volume": 1, "typical_volume": 20.2, "trend": 348.175174, "fair_value": 299.605429, "relative_strength": -25.62009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.367422, "energy": 52.704154, "activity_lines": [ 330.529775, 332.865149, 334.54045, 339.348412 ] }, { "date": "2026-03-06", "close": 340.475311, "volume": 28, "typical_volume": 20.85, "trend": 346.894591, "fair_value": 299.982394, "relative_strength": -19.218493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.415349, "energy": 32.709767, "activity_lines": [ 333.743732, 334.059078, 334.891819, 338.851647 ] }, { "date": "2026-03-13", "close": 310.998932, "volume": 3, "typical_volume": 20.55, "trend": 344.512947, "fair_value": 300.170407, "relative_strength": -25.048927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.324908, "energy": 51.944978, "activity_lines": [ 326.588621, 329.759901, 332.559772, 336.535798 ] }, { "date": "2026-03-20", "close": 310.998932, "volume": 0, "typical_volume": 19.95, "trend": 341.718228, "fair_value": 300.35842, "relative_strength": -24.026721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.159037, "energy": 67.605917, "activity_lines": [ 320.854995, 325.862893, 330.408357, 334.373604 ] }, { "date": "2026-03-27", "close": 289.106171, "volume": 18, "typical_volume": 20.65, "trend": 339.015257, "fair_value": 300.406095, "relative_strength": -30.983928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.52441, "energy": 91.247354, "activity_lines": [ 309.015875, 318.476134, 326.309167, 330.979277 ] }, { "date": "2026-04-03", "close": 289.106171, "volume": 0, "typical_volume": 20.0, "trend": 336.511531, "fair_value": 300.45377, "relative_strength": -32.829568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.851386, "energy": 94.53975, "activity_lines": [ 299.828367, 311.978177, 322.389862, 327.759336 ] }, { "date": "2026-04-10", "close": 289.106171, "volume": 0, "typical_volume": 20.0, "trend": 333.845358, "fair_value": 300.501445, "relative_strength": -35.505685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.269357, "energy": 91.699329, "activity_lines": [ 293.484723, 306.454704, 318.643845, 324.700926 ] }, { "date": "2026-04-17", "close": 280.404938, "volume": 1, "typical_volume": 19.75, "trend": 331.185855, "fair_value": 300.493342, "relative_strength": -36.415699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.804665, "energy": 94.323662, "activity_lines": [ 287.665277, 300.134916, 314.242425, 321.253157 ] }, { "date": "2026-04-24", "close": 274.629761, "volume": 29, "typical_volume": 21.05, "trend": 328.392858, "fair_value": 300.44822, "relative_strength": -35.535302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.786431, "energy": 93.99718, "activity_lines": [ 281.960372, 293.709028, 309.578252, 317.604377 ] }, { "date": "2026-05-01", "close": 277.712921, "volume": 3, "typical_volume": 21.2, "trend": 325.666829, "fair_value": 300.422861, "relative_strength": -33.059951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.386796, "energy": 88.895279, "activity_lines": [ 279.707798, 288.830089, 305.534479, 314.334703 ] }, { "date": "2026-05-08", "close": 252.439087, "volume": 43, "typical_volume": 21.75, "trend": 321.689904, "fair_value": 300.232156, "relative_strength": -37.476424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.281849, "energy": 84.769935, "activity_lines": [ 269.790163, 280.286225, 299.395759, 309.610333 ] }, { "date": "2026-05-15", "close": 243.270004, "volume": 2, "typical_volume": 21.8, "trend": 317.582719, "fair_value": 299.982675, "relative_strength": -36.78227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.356491, "energy": 98.588403, "activity_lines": [ 259.260639, 271.517527, 292.783067, 304.550984 ] }, { "date": "2026-05-22", "close": 260.350006, "volume": 2, "typical_volume": 21.9, "trend": 314.629999, "fair_value": 299.842681, "relative_strength": -31.319463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.500865, "energy": 87.109601, "activity_lines": [ 257.480194, 267.621654, 288.224891, 300.858551 ] }, { "date": "2026-05-29", "close": 260.0, "volume": 8, "typical_volume": 19.9, "trend": 311.969287, "fair_value": 299.700444, "relative_strength": -29.791691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.148215, "energy": 83.160895, "activity_lines": [ 256.920075, 264.583033, 283.979896, 297.334035 ] }, { "date": "2026-06-05", "close": 260.0, "volume": 0, "typical_volume": 19.9, "trend": 309.739881, "fair_value": 299.558206, "relative_strength": -27.131073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.676507, "energy": 85.569374, "activity_lines": [ 257.335274, 262.471665, 280.106284, 293.981178 ] }, { "date": "2026-06-12", "close": 247.240005, "volume": 10, "typical_volume": 19.85, "trend": 307.131334, "fair_value": 299.334174, "relative_strength": -30.866548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.775229, "energy": 73.592342, "activity_lines": [ 254.678003, 258.569501, 275.388815, 289.948928 ] }, { "date": "2026-06-19", "close": 245.5, "volume": 0, "typical_volume": 17.6, "trend": 304.464786, "fair_value": 299.098987, "relative_strength": -29.626407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.321009, "energy": 80.94947, "activity_lines": [ 251.787335, 255.112176, 270.960217, 285.972713 ] }, { "date": "2026-06-26", "close": 245.5, "volume": 0, "typical_volume": 17.6, "trend": 301.290449, "fair_value": 298.863801, "relative_strength": -30.784503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.666311, "energy": 91.785415, "activity_lines": [ 248.748001, 252.44769, 266.945053, 282.168533 ] }, { "date": "2026-07-03", "close": 245.5, "volume": 0, "typical_volume": 7.4, "trend": 298.03209, "fair_value": 298.628615, "relative_strength": -30.493721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.784361, "energy": 89.420069, "activity_lines": [ 246.698667, 250.417839, 263.343324, 278.569149 ] }, { "date": "2026-07-10", "close": 245.5, "volume": 0, "typical_volume": 7.4, "trend": 294.773732, "fair_value": 298.393429, "relative_strength": -31.139764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.887413, "energy": 77.13796, "activity_lines": [ 245.616, 248.917621, 260.138643, 275.179982 ] }, { "date": "2026-07-17", "close": 245.5, "volume": 0, "typical_volume": 7.35, "trend": 291.747514, "fair_value": 298.158242, "relative_strength": -28.683165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.366774, "energy": 82.598535, "activity_lines": [ 245.5, 248.003092, 257.331012, 272.001032 ] }, { "date": "2026-07-24", "close": 243.850006, "volume": 1, "typical_volume": 6.0, "trend": 288.771906, "fair_value": 297.912479, "relative_strength": -28.466915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.141171, "energy": 69.647049, "activity_lines": [ 244.950002, 246.914729, 254.77702, 268.91087 ] }, { "date": "2026-07-31", "close": 243.850006, "volume": 0, "typical_volume": 5.85, "trend": 285.796297, "fair_value": 297.666716, "relative_strength": -29.018037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.096207, "energy": 68.495705, "activity_lines": [ 244.510004, 245.815821, 252.683149, 266.012683 ] }, { "date": "2026-08-07", "close": 243.850006, "volume": 0, "typical_volume": 5.85, "trend": 282.65829, "fair_value": 297.420953, "relative_strength": -25.743976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.970654, "energy": 89.29513, "activity_lines": [ 244.180005, 245.016912, 250.909034, 263.306471 ] } ], "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." } } }