{ "ticker": { "uuid": "a3352b06-cc7f-4115-bfeb-5988ec3b6109", "symbol": "BHF", "name": "Brighthouse Financial, Inc.", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 48.484, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 4.982, "architecture_energy": 13.175, "architecture_maturity": 59.669, "architecture_confidence": 78.282, "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": 57.18, "rotation_up": 22.06, "upward_expansion": 58.06, "deceleration": 85.43, "rotation_down": 38.87, "downward_expansion": 21.73 }, "activity_lines": [ 62.568, 63.224182, 62.990714, 62.578151 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 60.8, "trend_reference": 62.414333, "distance_from_trend": -0.025865, "trend_direction": "Weakening", "fair_value": 53.366667, "distance_from_fair_value": 0.139288, "fair_value_direction": "Weakening", "relative_strength": -11.282215, "relative_strength_direction": "Improving", "price_momentum": -0.045975, "excess_performance": -0.233429, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.025865, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.010077, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.139288, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.040905, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.112822, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003197, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.045975, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.885685, "read": "Supply-led" } ], "volume": { "latest": 4790948, "relative_activity": 1.816323, "balance": 0.885685, "dry_up": 1.290174, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.028553, "annualized_volatility": 0.140504, "from_high_reference": -0.08982, "from_low_reference": 0.44521 }, "levels": { "trend_reference": 62.414333, "fair_value_reference": 53.366667, "structural_low": 58.9, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.028888, "positive_rate": 0.318182, "directional_follow_through": 0.318182, "median_excess_return": -0.018995, "regime_survival": 0.454545, "best_return": 0.113685, "worst_return": -0.245338, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.018507, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": 0.001353, "regime_survival": 0.454545, "best_return": 0.219149, "worst_return": -0.310858, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.003825, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.029078, "regime_survival": 0.142857, "best_return": 0.196586, "worst_return": -0.268892, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.038762, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.153409, "regime_survival": 0.5, "best_return": 0.280368, "worst_return": -0.138481, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-05-16", "tenure": "Developing", "return": 0.051914, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-06-27", "tenure": "Developing", "return": -0.059921, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": -0.085302, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.09166, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-08", "end": "2025-10-31", "tenure": "Established", "return": 0.281896, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.006969, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-01-23", "tenure": "Developing", "return": -0.018975, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": -0.005151, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": 0.00141, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": 0.004168, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.034204, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-19", "tenure": "Developing", "return": 0.011353, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-17", "tenure": "New", "return": 0.038955, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.038279, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 47.57, "volume": 1629399, "typical_volume": 2318387.35, "trend": 47.728667, "fair_value": 46.218301, "relative_strength": -17.539336, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.494101, "energy": 37.03949, "activity_lines": [ 50.16, 49.629091, 47.321714, 46.78172 ] }, { "date": "2023-08-25", "close": 48.0, "volume": 1253311, "typical_volume": 2197185.5, "trend": 47.482, "fair_value": 46.322147, "relative_strength": -17.876943, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.957963, "energy": 21.636423, "activity_lines": [ 49.275333, 49.509455, 47.550619, 46.799226 ] }, { "date": "2023-09-01", "close": 51.15, "volume": 1564987, "typical_volume": 2168969.3, "trend": 47.291, "fair_value": 46.442147, "relative_strength": -15.384441, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.371049, "energy": 19.145307, "activity_lines": [ 49.599333, 49.908727, 48.050857, 47.035871 ] }, { "date": "2023-09-08", "close": 49.69, "volume": 1551483, "typical_volume": 2134697.35, "trend": 47.019333, "fair_value": 46.571506, "relative_strength": -16.363035, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.540531, "energy": 22.369103, "activity_lines": [ 49.482667, 49.914545, 48.371381, 47.190645 ] }, { "date": "2023-09-15", "close": 51.9, "volume": 2926805, "typical_volume": 2168937.45, "trend": 46.777333, "fair_value": 46.722853, "relative_strength": -11.942579, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.649536, "energy": 40.026932, "activity_lines": [ 50.352, 50.279636, 48.872762, 47.505527 ] }, { "date": "2023-09-22", "close": 47.35, "volume": 2907494, "typical_volume": 2161120.15, "trend": 46.446333, "fair_value": 46.860929, "relative_strength": -16.575442, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.458415, "energy": 25.809055, "activity_lines": [ 49.581333, 49.755818, 48.904143, 47.542473 ] }, { "date": "2023-09-29", "close": 48.94, "volume": 1901480, "typical_volume": 2089473.85, "trend": 46.129333, "fair_value": 46.990737, "relative_strength": -13.578058, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.574552, "energy": 20.475223, "activity_lines": [ 49.355333, 49.538364, 49.065905, 47.703355 ] }, { "date": "2023-10-06", "close": 47.74, "volume": 2289338, "typical_volume": 2097096.65, "trend": 46.095667, "fair_value": 47.100545, "relative_strength": -16.728478, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.791796, "energy": 14.548193, "activity_lines": [ 48.666667, 49.128909, 49.070143, 47.807269 ] }, { "date": "2023-10-13", "close": 47.59, "volume": 1562814, "typical_volume": 2076917.6, "trend": 46.326333, "fair_value": 47.202147, "relative_strength": -16.53486, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.209586, "energy": 14.00287, "activity_lines": [ 48.155333, 48.766727, 49.027381, 47.903677 ] }, { "date": "2023-10-20", "close": 46.19, "volume": 1883473, "typical_volume": 2014331.5, "trend": 46.486333, "fair_value": 47.286891, "relative_strength": -15.924938, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.484316, "energy": 12.77256, "activity_lines": [ 47.317333, 48.256182, 48.822, 47.894882 ] }, { "date": "2023-10-27", "close": 44.64, "volume": 1692171, "typical_volume": 1978345.55, "trend": 46.504, "fair_value": 47.360865, "relative_strength": -15.772306, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.200626, "energy": 31.873458, "activity_lines": [ 46.343333, 47.534, 48.456524, 47.775763 ] }, { "date": "2023-11-03", "close": 48.66, "volume": 1608470, "typical_volume": 1936031.2, "trend": 46.726667, "fair_value": 47.470737, "relative_strength": -12.898064, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.417151, "energy": 16.834675, "activity_lines": [ 46.89, 47.596, 48.472857, 47.91486 ] }, { "date": "2023-11-10", "close": 46.97, "volume": 2014600, "typical_volume": 1949063.55, "trend": 46.872, "fair_value": 47.554519, "relative_strength": -17.602755, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.968393, "energy": 16.408092, "activity_lines": [ 46.892, 47.338727, 48.311, 47.930559 ] }, { "date": "2023-11-17", "close": 50.64, "volume": 1695422, "typical_volume": 1872264.2, "trend": 47.111, "fair_value": 47.661122, "relative_strength": -12.264273, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.710867, "energy": 16.131155, "activity_lines": [ 48.168667, 47.824727, 48.485048, 48.173656 ] }, { "date": "2023-11-24", "close": 51.52, "volume": 1097634, "typical_volume": 1837035.35, "trend": 47.355, "fair_value": 47.753173, "relative_strength": -10.82459, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.926301, "energy": 30.644532, "activity_lines": [ 49.535333, 48.453455, 48.727238, 48.458108 ] }, { "date": "2023-12-01", "close": 52.61, "volume": 1697426, "typical_volume": 1830851.9, "trend": 47.677667, "fair_value": 47.85016, "relative_strength": -8.391391, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.661964, "energy": 49.346993, "activity_lines": [ 50.91, 49.287273, 49.058905, 48.79714 ] }, { "date": "2023-12-08", "close": 53.23, "volume": 1272114, "typical_volume": 1820521.0, "trend": 48.123333, "fair_value": 47.975481, "relative_strength": -7.227066, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.484833, "energy": 65.448253, "activity_lines": [ 51.96, 50.138182, 49.429095, 49.155355 ] }, { "date": "2023-12-15", "close": 52.98, "volume": 2659746, "typical_volume": 1864128.95, "trend": 48.527, "fair_value": 48.096827, "relative_strength": -10.04757, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.603975, "energy": 67.444601, "activity_lines": [ 52.622, 50.865636, 49.761905, 49.468688 ] }, { "date": "2023-12-22", "close": 53.61, "volume": 1728560, "typical_volume": 1864153.25, "trend": 48.932667, "fair_value": 48.213301, "relative_strength": -9.099907, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.733711, "energy": 70.361851, "activity_lines": [ 53.093333, 51.612364, 50.149286, 49.796624 ] }, { "date": "2023-12-29", "close": 52.92, "volume": 803827, "typical_volume": 1787027.7, "trend": 49.244333, "fair_value": 48.320449, "relative_strength": -9.790407, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.589488, "energy": 61.83766, "activity_lines": [ 53.136667, 52.124182, 50.470095, 50.053871 ] }, { "date": "2024-01-05", "close": 52.89, "volume": 1784695, "typical_volume": 1794792.5, "trend": 49.526667, "fair_value": 48.412051, "relative_strength": -6.109029, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.815733, "energy": 47.227034, "activity_lines": [ 53.076667, 52.508182, 50.774381, 50.289075 ] }, { "date": "2024-01-12", "close": 51.46, "volume": 1651302, "typical_volume": 1814692.05, "trend": 49.740667, "fair_value": 48.471603, "relative_strength": -10.682923, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.808849, "energy": 34.315029, "activity_lines": [ 52.521333, 52.482182, 50.917143, 50.413806 ] }, { "date": "2024-01-19", "close": 51.04, "volume": 1882626, "typical_volume": 1830574.0, "trend": 49.971667, "fair_value": 48.538782, "relative_strength": -13.051178, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.106843, "energy": 22.569696, "activity_lines": [ 51.944, 52.328909, 51.003429, 50.497634 ] }, { "date": "2024-01-26", "close": 53.72, "volume": 1498496, "typical_volume": 1827924.65, "trend": 50.184, "fair_value": 48.656474, "relative_strength": -8.274806, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.714031, "energy": 26.180608, "activity_lines": [ 52.389333, 52.588909, 51.345476, 50.739462 ] }, { "date": "2024-02-02", "close": 51.13, "volume": 1650758, "typical_volume": 1764122.3, "trend": 50.271333, "fair_value": 48.727564, "relative_strength": -12.932958, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.469865, "energy": 17.344628, "activity_lines": [ 51.964, 52.322, 51.421667, 50.800495 ] }, { "date": "2024-02-09", "close": 52.7, "volume": 1691919, "typical_volume": 1703343.55, "trend": 50.418, "fair_value": 48.808974, "relative_strength": -10.988173, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.299966, "energy": 21.16698, "activity_lines": [ 52.181333, 52.347636, 51.651048, 50.957183 ] }, { "date": "2024-02-16", "close": 47.63, "volume": 4519907, "typical_volume": 1834264.9, "trend": 50.326333, "fair_value": 48.854936, "relative_strength": -17.317595, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.395038, "energy": 7.946157, "activity_lines": [ 50.721333, 51.449818, 51.372095, 50.777312 ] }, { "date": "2024-02-23", "close": 47.89, "volume": 1651886, "typical_volume": 1802392.3, "trend": 50.194667, "fair_value": 48.906218, "relative_strength": -16.998626, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.028541, "energy": 24.405926, "activity_lines": [ 49.603333, 50.701091, 51.124143, 50.620129 ] }, { "date": "2024-03-01", "close": 46.16, "volume": 2194641, "typical_volume": 1833983.65, "trend": 49.952333, "fair_value": 48.932468, "relative_strength": -20.50841, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.416324, "energy": 47.508802, "activity_lines": [ 48.118667, 49.730364, 50.710714, 50.359828 ] }, { "date": "2024-03-08", "close": 46.2, "volume": 2318921, "typical_volume": 1855756.05, "trend": 49.824, "fair_value": 48.942564, "relative_strength": -18.464611, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.71723, "energy": 54.695543, "activity_lines": [ 47.151333, 48.902364, 50.307905, 50.117742 ] }, { "date": "2024-03-15", "close": 47.58, "volume": 2167257, "typical_volume": 1879510.35, "trend": 49.824333, "fair_value": 48.955321, "relative_strength": -14.73151, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.247567, "energy": 53.844776, "activity_lines": [ 46.972667, 48.447455, 50.036476, 49.972968 ] }, { "date": "2024-03-22", "close": 47.64, "volume": 2187241, "typical_volume": 1908448.9, "trend": 49.812333, "fair_value": 48.983526, "relative_strength": -16.776495, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.874153, "energy": 47.406007, "activity_lines": [ 47.155333, 48.1, 49.756762, 49.832043 ] }, { "date": "2024-03-29", "close": 51.54, "volume": 1448423, "typical_volume": 1880140.05, "trend": 49.825333, "fair_value": 49.022628, "relative_strength": -9.17943, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.232029, "energy": 8.402998, "activity_lines": [ 48.637333, 48.531091, 49.853333, 49.943505 ] }, { "date": "2024-04-05", "close": 51.3, "volume": 1666900, "typical_volume": 1878713.95, "trend": 49.879, "fair_value": 49.056026, "relative_strength": -8.650345, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.279846, "energy": 11.110709, "activity_lines": [ 49.796, 48.909455, 49.905286, 50.038645 ] }, { "date": "2024-04-12", "close": 47.96, "volume": 1827538, "typical_volume": 1915209.15, "trend": 49.747667, "fair_value": 49.059615, "relative_strength": -13.84148, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.499055, "energy": 10.663854, "activity_lines": [ 49.498667, 48.724545, 49.636, 49.914839 ] }, { "date": "2024-04-19", "close": 48.91, "volume": 1776765, "typical_volume": 1919176.1, "trend": 49.799667, "fair_value": 49.081859, "relative_strength": -6.843969, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.074535, "energy": 9.140299, "activity_lines": [ 49.400667, 48.77, 49.474143, 49.860796 ] }, { "date": "2024-04-26", "close": 48.73, "volume": 3065145, "typical_volume": 2008827.65, "trend": 49.792667, "fair_value": 49.094295, "relative_strength": -10.368996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.682315, "energy": 13.567634, "activity_lines": [ 49.154, 48.851636, 49.312762, 49.791785 ] }, { "date": "2024-05-03", "close": 48.99, "volume": 2559401, "typical_volume": 2003810.4, "trend": 49.834333, "fair_value": 49.094679, "relative_strength": -10.526608, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.085701, "energy": 21.038007, "activity_lines": [ 48.921333, 48.960545, 49.197571, 49.74 ] }, { "date": "2024-05-10", "close": 45.68, "volume": 4750705, "typical_volume": 2154917.65, "trend": 49.770667, "fair_value": 49.070705, "relative_strength": -17.560006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.842913, "energy": 38.814814, "activity_lines": [ 47.755333, 48.447636, 48.786143, 49.471978 ] }, { "date": "2024-05-17", "close": 45.86, "volume": 2071049, "typical_volume": 2218278.75, "trend": 49.759667, "fair_value": 49.052628, "relative_strength": -18.753622, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.501844, "energy": 56.733651, "activity_lines": [ 47.024, 47.976182, 48.429619, 49.219677 ] }, { "date": "2024-05-24", "close": 43.3, "volume": 1837461, "typical_volume": 2220917.05, "trend": 49.715, "fair_value": 49.018269, "relative_strength": -24.031374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.225722, "energy": 72.144251, "activity_lines": [ 45.579333, 47.045455, 47.862905, 48.802925 ] }, { "date": "2024-05-31", "close": 44.51, "volume": 1745377, "typical_volume": 2225620.8, "trend": 49.576667, "fair_value": 48.991603, "relative_strength": -20.347376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.761393, "energy": 71.903994, "activity_lines": [ 44.912, 46.412545, 47.457095, 48.467118 ] }, { "date": "2024-06-07", "close": 42.86, "volume": 1655387, "typical_volume": 2214258.85, "trend": 49.439667, "fair_value": 48.967308, "relative_strength": -24.938886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.920836, "energy": 76.718814, "activity_lines": [ 43.976, 45.536545, 46.927238, 48.033785 ] }, { "date": "2024-06-14", "close": 41.01, "volume": 2064131, "typical_volume": 2242540.6, "trend": 49.118667, "fair_value": 48.951218, "relative_strength": -30.201638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.39767, "energy": 81.804921, "activity_lines": [ 42.832, 44.482, 46.260143, 47.489935 ] }, { "date": "2024-06-21", "close": 43.07, "volume": 2224265, "typical_volume": 2271215.95, "trend": 48.837, "fair_value": 48.92891, "relative_strength": -26.470534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.259557, "energy": 69.368505, "activity_lines": [ 42.686, 43.989091, 45.849762, 47.099699 ] }, { "date": "2024-06-28", "close": 43.34, "volume": 2113042, "typical_volume": 2292272.1, "trend": 48.528, "fair_value": 48.915769, "relative_strength": -25.510756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.686016, "energy": 63.581828, "activity_lines": [ 42.816, 43.634182, 45.503476, 46.745054 ] }, { "date": "2024-07-05", "close": 42.98, "volume": 1360167, "typical_volume": 2134285.1, "trend": 48.186333, "fair_value": 48.911282, "relative_strength": -28.136036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.874457, "energy": 48.911492, "activity_lines": [ 42.823333, 43.315091, 45.167476, 46.387118 ] }, { "date": "2024-07-12", "close": 48.02, "volume": 2592925, "typical_volume": 2181337.05, "trend": 48.021, "fair_value": 48.948974, "relative_strength": -19.088157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.504778, "energy": 18.12855, "activity_lines": [ 44.612667, 44.016909, 45.333619, 46.376387 ] }, { "date": "2024-07-19", "close": 47.68, "volume": 2256242, "typical_volume": 2184417.1, "trend": 47.823333, "fair_value": 48.987179, "relative_strength": -15.882809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.674062, "energy": 18.177035, "activity_lines": [ 45.944667, 44.674545, 45.466762, 46.354387 ] }, { "date": "2024-07-26", "close": 49.1, "volume": 1624563, "typical_volume": 2149699.2, "trend": 47.696, "fair_value": 49.025897, "relative_strength": -10.648826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.569919, "energy": 21.712101, "activity_lines": [ 47.305333, 45.554, 45.727905, 46.436753 ] }, { "date": "2024-08-02", "close": 45.92, "volume": 2433169, "typical_volume": 2162994.8, "trend": 47.463667, "fair_value": 49.018269, "relative_strength": -13.193154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.367497, "energy": 21.58491, "activity_lines": [ 47.204, 45.796364, 45.672381, 46.322172 ] }, { "date": "2024-08-09", "close": 41.96, "volume": 3118088, "typical_volume": 2209537.15, "trend": 47.147, "fair_value": 48.977885, "relative_strength": -20.394292, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.196394, "energy": 19.55378, "activity_lines": [ 45.610667, 45.271091, 45.247619, 45.967097 ] }, { "date": "2024-08-16", "close": 43.46, "volume": 2010954, "typical_volume": 2237663.7, "trend": 46.894333, "fair_value": 48.959551, "relative_strength": -21.275181, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.563618, "energy": 22.964255, "activity_lines": [ 44.585333, 45.064909, 44.992762, 45.729226 ] }, { "date": "2024-08-23", "close": 45.37, "volume": 1660499, "typical_volume": 2237343.65, "trend": 46.616, "fair_value": 48.935962, "relative_strength": -18.148219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.257268, "energy": 27.24359, "activity_lines": [ 44.500667, 45.195091, 44.958286, 45.630882 ] }, { "date": "2024-08-30", "close": 45.9, "volume": 1478277, "typical_volume": 2219880.6, "trend": 46.441667, "fair_value": 48.918333, "relative_strength": -15.983514, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.132808, "energy": 24.504268, "activity_lines": [ 44.746667, 45.342364, 45.002524, 45.584688 ] }, { "date": "2024-09-06", "close": 42.26, "volume": 1307627, "typical_volume": 2196423.7, "trend": 46.093667, "fair_value": 48.895897, "relative_strength": -17.335732, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.063787, "energy": 38.587984, "activity_lines": [ 43.992667, 44.776364, 44.709905, 45.314903 ] }, { "date": "2024-09-13", "close": 42.7, "volume": 1988829, "typical_volume": 2142607.9, "trend": 45.929333, "fair_value": 48.886026, "relative_strength": -20.471984, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.966987, "energy": 35.985995, "activity_lines": [ 43.629333, 44.31, 44.490857, 45.095957 ] }, { "date": "2024-09-20", "close": 44.06, "volume": 2129514, "typical_volume": 2121113.55, "trend": 45.801667, "fair_value": 48.884551, "relative_strength": -18.568733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.362099, "energy": 31.067844, "activity_lines": [ 43.67, 44.096, 44.430048, 44.975355 ] }, { "date": "2024-09-27", "close": 44.63, "volume": 1516244, "typical_volume": 1959390.5, "trend": 45.750667, "fair_value": 48.874295, "relative_strength": -17.71407, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.682351, "energy": 29.926479, "activity_lines": [ 43.860667, 44.057636, 44.447, 44.899763 ] }, { "date": "2024-10-04", "close": 45.69, "volume": 1611136, "typical_volume": 1936394.85, "trend": 45.733667, "fair_value": 48.850833, "relative_strength": -15.302183, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.602077, "energy": 11.676571, "activity_lines": [ 44.454, 44.267455, 44.569905, 44.895849 ] }, { "date": "2024-10-11", "close": 46.16, "volume": 1366370, "typical_volume": 1912840.3, "trend": 45.686333, "fair_value": 48.830385, "relative_strength": -14.922582, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.608416, "energy": 12.810678, "activity_lines": [ 45.218, 44.624727, 44.738381, 44.923355 ] }, { "date": "2024-10-18", "close": 49.15, "volume": 2087270, "typical_volume": 1929934.95, "trend": 45.736667, "fair_value": 48.809295, "relative_strength": -9.110419, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.173882, "energy": 37.860425, "activity_lines": [ 46.718667, 45.521273, 45.178, 45.146817 ] }, { "date": "2024-10-25", "close": 47.41, "volume": 2039234, "typical_volume": 1949127.3, "trend": 45.599, "fair_value": 48.791218, "relative_strength": -11.945194, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.722393, "energy": 44.852429, "activity_lines": [ 47.209333, 45.970727, 45.42981, 45.254774 ] }, { "date": "2024-11-01", "close": 47.74, "volume": 1805267, "typical_volume": 1936184.1, "trend": 45.480333, "fair_value": 48.751346, "relative_strength": -9.330844, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.06308, "energy": 54.176964, "activity_lines": [ 47.586667, 46.408364, 45.691381, 45.392903 ] }, { "date": "2024-11-08", "close": 50.51, "volume": 2726789, "typical_volume": 1961310.3, "trend": 45.565333, "fair_value": 48.725385, "relative_strength": -8.618621, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.514013, "energy": 74.859775, "activity_lines": [ 48.68, 47.306545, 46.184714, 45.717398 ] }, { "date": "2024-11-15", "close": 50.97, "volume": 2306033, "typical_volume": 1970959.85, "trend": 45.634, "fair_value": 48.716346, "relative_strength": -4.01831, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.232191, "energy": 75.031814, "activity_lines": [ 49.605333, 48.204545, 46.686429, 46.066086 ] }, { "date": "2024-11-22", "close": 51.74, "volume": 1615130, "typical_volume": 1983708.0, "trend": 45.734333, "fair_value": 48.723397, "relative_strength": -3.81027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.131309, "energy": 79.01839, "activity_lines": [ 50.466667, 49.084182, 47.225143, 46.460022 ] }, { "date": "2024-11-29", "close": 52.27, "volume": 1156947, "typical_volume": 1911909.1, "trend": 45.843667, "fair_value": 48.744551, "relative_strength": -2.993838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.245153, "energy": 80.779169, "activity_lines": [ 51.332, 49.895818, 47.772619, 46.881677 ] }, { "date": "2024-12-06", "close": 51.04, "volume": 1833023, "typical_volume": 1890748.15, "trend": 46.022333, "fair_value": 48.742179, "relative_strength": -7.620926, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.138355, "energy": 73.60844, "activity_lines": [ 51.463333, 50.334545, 48.182714, 47.216925 ] }, { "date": "2024-12-13", "close": 48.78, "volume": 1687591, "typical_volume": 1893899.55, "trend": 46.119667, "fair_value": 48.730897, "relative_strength": -11.744043, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.385258, "energy": 46.843997, "activity_lines": [ 50.621333, 50.245818, 48.361571, 47.394839 ] }, { "date": "2024-12-20", "close": 47.99, "volume": 2283397, "typical_volume": 1886410.95, "trend": 46.276, "fair_value": 48.703718, "relative_strength": -10.535848, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.58214, "energy": 29.227106, "activity_lines": [ 49.631333, 49.957273, 48.466714, 47.515505 ] }, { "date": "2024-12-27", "close": 48.22, "volume": 761262, "typical_volume": 1768569.65, "trend": 46.399667, "fair_value": 48.680769, "relative_strength": -10.292084, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.300013, "energy": 21.699576, "activity_lines": [ 48.916667, 49.677273, 48.583905, 47.640925 ] }, { "date": "2025-01-03", "close": 48.09, "volume": 1174527, "typical_volume": 1726748.3, "trend": 46.574, "fair_value": 48.628974, "relative_strength": -9.144691, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.87446, "energy": 23.38484, "activity_lines": [ 48.393333, 49.390545, 48.658905, 47.749978 ] }, { "date": "2025-01-10", "close": 45.74, "volume": 1082616, "typical_volume": 1697854.15, "trend": 46.731667, "fair_value": 48.549231, "relative_strength": -11.036933, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.070503, "energy": 17.370274, "activity_lines": [ 47.365333, 48.664182, 48.488048, 47.696172 ] }, { "date": "2025-01-17", "close": 50.56, "volume": 1541895, "typical_volume": 1701035.05, "trend": 46.981333, "fair_value": 48.536218, "relative_strength": -3.949106, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.074459, "energy": 20.550353, "activity_lines": [ 48.297333, 48.850545, 48.774476, 47.943161 ] }, { "date": "2025-01-24", "close": 50.68, "volume": 1256135, "typical_volume": 1698460.45, "trend": 47.226, "fair_value": 48.524744, "relative_strength": -4.576717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.573831, "energy": 22.778299, "activity_lines": [ 49.150667, 49.057818, 49.050143, 48.181785 ] }, { "date": "2025-01-31", "close": 61.71, "volume": 8252702, "typical_volume": 2011654.1, "trend": 47.850333, "fair_value": 48.549808, "relative_strength": 17.863327, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 84.625185, "energy": 72.41652, "activity_lines": [ 53.501333, 51.275818, 50.33619, 49.116237 ] }, { "date": "2025-02-07", "close": 59.96, "volume": 4406637, "typical_volume": 2125510.25, "trend": 48.248333, "fair_value": 48.566859, "relative_strength": 14.528649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.321247, "energy": 87.486598, "activity_lines": [ 56.369333, 52.994364, 51.365048, 49.897505 ] }, { "date": "2025-02-14", "close": 62.14, "volume": 4930165, "typical_volume": 2296206.3, "trend": 48.730333, "fair_value": 48.612372, "relative_strength": 15.240736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.626077, "energy": 91.890976, "activity_lines": [ 59.172667, 54.969455, 52.52581, 50.793742 ] }, { "date": "2025-02-21", "close": 59.45, "volume": 3309891, "typical_volume": 2381144.05, "trend": 49.075333, "fair_value": 48.646474, "relative_strength": 12.722903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.472134, "energy": 86.185412, "activity_lines": [ 59.986, 56.253636, 53.347, 51.485333 ] }, { "date": "2025-02-28", "close": 59.31, "volume": 4630980, "typical_volume": 2544374.55, "trend": 49.521667, "fair_value": 48.725, "relative_strength": 16.142189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.306364, "energy": 81.484446, "activity_lines": [ 60.16, 57.318364, 54.089333, 52.145634 ] }, { "date": "2025-03-07", "close": 54.21, "volume": 4939775, "typical_volume": 2686999.8, "trend": 49.93, "fair_value": 48.776282, "relative_strength": 9.599264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.741768, "energy": 48.449831, "activity_lines": [ 58.058667, 57.25, 54.283333, 52.448108 ] }, { "date": "2025-03-14", "close": 55.6, "volume": 3749612, "typical_volume": 2772518.7, "trend": 50.334667, "fair_value": 48.807821, "relative_strength": 15.128616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.385919, "energy": 30.651355, "activity_lines": [ 56.920667, 57.325455, 54.585619, 52.813914 ] }, { "date": "2025-03-21", "close": 57.98, "volume": 3162955, "typical_volume": 2840403.1, "trend": 50.755, "fair_value": 48.834167, "relative_strength": 19.457255, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.51542, "energy": 26.459149, "activity_lines": [ 56.866667, 57.697091, 55.075571, 53.307161 ] }, { "date": "2025-03-28", "close": 57.55, "volume": 2351986, "typical_volume": 2821662.95, "trend": 51.143333, "fair_value": 48.867115, "relative_strength": 21.266115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.394742, "energy": 20.931252, "activity_lines": [ 56.946667, 57.768, 55.47581, 53.745548 ] }, { "date": "2025-04-04", "close": 49.06, "volume": 6420440, "typical_volume": 3027383.3, "trend": 51.37, "fair_value": 48.852756, "relative_strength": 14.7172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.521558, "energy": 11.77504, "activity_lines": [ 54.323333, 56.168182, 55.033952, 53.61114 ] }, { "date": "2025-04-11", "close": 47.82, "volume": 7057840, "typical_volume": 3299518.8, "trend": 51.540667, "fair_value": 48.816795, "relative_strength": 4.105773, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.316829, "energy": 14.644239, "activity_lines": [ 51.97, 54.372364, 54.483095, 53.382108 ] }, { "date": "2025-04-18", "close": 50.65, "volume": 2683053, "typical_volume": 3375824.1, "trend": 51.760333, "fair_value": 48.798397, "relative_strength": 12.92346, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.040905, "energy": 23.075848, "activity_lines": [ 50.986, 53.343636, 54.220429, 53.324645 ] }, { "date": "2025-04-25", "close": 54.67, "volume": 3998951, "typical_volume": 3484120.5, "trend": 52.095, "fair_value": 48.819615, "relative_strength": 14.503109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.282597, "energy": 19.897974, "activity_lines": [ 51.672, 53.215091, 54.348333, 53.512366 ] }, { "date": "2025-05-02", "close": 58.89, "volume": 7162525, "typical_volume": 3757867.2, "trend": 52.535, "fair_value": 48.863077, "relative_strength": 19.071159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.344247, "energy": 14.78808, "activity_lines": [ 53.985333, 53.989636, 54.860857, 53.950753 ] }, { "date": "2025-05-09", "close": 58.74, "volume": 5396742, "typical_volume": 3913534.45, "trend": 52.954333, "fair_value": 48.945962, "relative_strength": 18.607151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.253231, "energy": 25.992227, "activity_lines": [ 56.159333, 54.747091, 55.310952, 54.351075 ] }, { "date": "2025-05-16", "close": 60.99, "volume": 4303109, "typical_volume": 4090626.8, "trend": 53.349, "fair_value": 49.042885, "relative_strength": 14.907501, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.961191, "energy": 42.876112, "activity_lines": [ 58.438, 55.924, 55.924143, 54.869505 ] }, { "date": "2025-05-23", "close": 57.91, "volume": 3316167, "typical_volume": 4197708.8, "trend": 53.699, "fair_value": 49.095513, "relative_strength": 11.342365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.438769, "energy": 48.865899, "activity_lines": [ 58.812, 56.417636, 56.18319, 55.163763 ] }, { "date": "2025-05-30", "close": 59.81, "volume": 3165658, "typical_volume": 4301860.9, "trend": 54.101333, "fair_value": 49.172821, "relative_strength": 12.473115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.94576, "energy": 56.153231, "activity_lines": [ 59.335333, 57.214727, 56.576429, 55.558022 ] }, { "date": "2025-06-06", "close": 59.31, "volume": 2620621, "typical_volume": 4355797.2, "trend": 54.394667, "fair_value": 49.27109, "relative_strength": 8.873792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.139178, "energy": 49.179916, "activity_lines": [ 59.349333, 57.887636, 56.855048, 55.894065 ] }, { "date": "2025-06-13", "close": 57.04, "volume": 2212208, "typical_volume": 4403600.85, "trend": 54.597, "fair_value": 49.376282, "relative_strength": 4.860632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.178199, "energy": 27.87813, "activity_lines": [ 58.578667, 58.115818, 56.87581, 56.064731 ] }, { "date": "2025-06-20", "close": 58.86, "volume": 2833249, "typical_volume": 4132628.2, "trend": 54.834333, "fair_value": 49.483269, "relative_strength": 7.801693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.291608, "energy": 23.80139, "activity_lines": [ 58.528, 58.529818, 57.039619, 56.339763 ] }, { "date": "2025-06-27", "close": 54.44, "volume": 7303766, "typical_volume": 4277484.65, "trend": 54.906667, "fair_value": 49.559103, "relative_strength": -4.415642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.298809, "energy": 11.329491, "activity_lines": [ 57.146, 57.939455, 56.796048, 56.314323 ] }, { "date": "2025-07-04", "close": 53.34, "volume": 3539525, "typical_volume": 4207952.65, "trend": 54.983333, "fair_value": 49.641154, "relative_strength": -7.865727, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.146496, "energy": 13.9559, "activity_lines": [ 55.628667, 57.080182, 56.474, 56.213247 ] }, { "date": "2025-07-11", "close": 48.79, "volume": 4412746, "typical_volume": 4263095.4, "trend": 54.983667, "fair_value": 49.696987, "relative_strength": -15.268269, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.803113, "energy": 38.894687, "activity_lines": [ 53.026, 55.417818, 55.760524, 55.813677 ] }, { "date": "2025-07-18", "close": 50.84, "volume": 5522634, "typical_volume": 4307678.1, "trend": 55.078667, "fair_value": 49.755962, "relative_strength": -12.652101, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.151628, "energy": 49.256718, "activity_lines": [ 51.808, 54.311818, 55.293048, 55.546344 ] }, { "date": "2025-07-25", "close": 50.21, "volume": 5307341, "typical_volume": 4326056.4, "trend": 55.145, "fair_value": 49.799487, "relative_strength": -14.22661, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.247693, "energy": 58.26301, "activity_lines": [ 50.793333, 53.234909, 54.805905, 55.232237 ] }, { "date": "2025-08-01", "close": 46.18, "volume": 3613099, "typical_volume": 4319230.75, "trend": 55.081333, "fair_value": 49.806218, "relative_strength": -19.037971, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.898086, "energy": 79.233298, "activity_lines": [ 49.012, 51.621273, 53.954, 54.653849 ] }, { "date": "2025-08-08", "close": 44.52, "volume": 4385515, "typical_volume": 4380358.75, "trend": 55.040667, "fair_value": 49.76859, "relative_strength": -24.52803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.815659, "energy": 80.601616, "activity_lines": [ 47.228, 49.919091, 52.988857, 53.972473 ] }, { "date": "2025-08-15", "close": 45.68, "volume": 2861826, "typical_volume": 4405850.75, "trend": 54.878, "fair_value": 49.74359, "relative_strength": -22.749438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.723008, "energy": 78.197407, "activity_lines": [ 46.418667, 48.705818, 52.198286, 53.368559 ] }, { "date": "2025-08-22", "close": 47.09, "volume": 2811412, "typical_volume": 4225399.35, "trend": 54.758333, "fair_value": 49.734872, "relative_strength": -19.424871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.167618, "energy": 73.750608, "activity_lines": [ 46.286667, 47.996727, 51.598524, 52.866108 ] }, { "date": "2025-08-29", "close": 47.26, "volume": 2544247, "typical_volume": 3999719.7, "trend": 54.276667, "fair_value": 49.737308, "relative_strength": -18.696296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.563446, "energy": 59.234503, "activity_lines": [ 46.461333, 47.499455, 51.024333, 52.382344 ] }, { "date": "2025-09-05", "close": 43.36, "volume": 3552924, "typical_volume": 4043213.25, "trend": 53.723333, "fair_value": 49.690128, "relative_strength": -25.866604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.738795, "energy": 54.870299, "activity_lines": [ 45.532667, 46.504, 50.081381, 51.678043 ] }, { "date": "2025-09-12", "close": 48.99, "volume": 6887839, "typical_volume": 4187657.65, "trend": 53.285, "fair_value": 49.697244, "relative_strength": -17.647825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.165833, "energy": 39.127007, "activity_lines": [ 46.668667, 46.733636, 49.709333, 51.372667 ] }, { "date": "2025-09-19", "close": 57.59, "volume": 13763946, "typical_volume": 4517728.7, "trend": 53.223, "fair_value": 49.78, "relative_strength": -5.317276, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.182128, "energy": 11.454996, "activity_lines": [ 50.373333, 48.606, 50.183381, 51.650409 ] }, { "date": "2025-09-26", "close": 55.74, "volume": 10361111, "typical_volume": 4765947.15, "trend": 53.104, "fair_value": 49.858974, "relative_strength": -7.968685, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.546171, "energy": 17.878395, "activity_lines": [ 52.667333, 49.982, 50.487429, 51.812796 ] }, { "date": "2025-10-03", "close": 53.08, "volume": 5337301, "typical_volume": 4817656.75, "trend": 53.066333, "fair_value": 49.898013, "relative_strength": -13.305496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 12.59171, "energy": 25.956118, "activity_lines": [ 53.498, 50.785273, 50.552429, 51.811247 ] }, { "date": "2025-10-10", "close": 47.28, "volume": 4081616, "typical_volume": 4855929.2, "trend": 52.789, "fair_value": 49.889359, "relative_strength": -20.778523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.813217, "energy": 24.29226, "activity_lines": [ 52.007333, 50.481818, 50.102714, 51.437935 ] }, { "date": "2025-10-17", "close": 46.54, "volume": 9467138, "typical_volume": 5171003.2, "trend": 52.407667, "fair_value": 49.853397, "relative_strength": -23.549628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.91085, "energy": 17.274372, "activity_lines": [ 50.008667, 50.023818, 49.633143, 51.034774 ] }, { "date": "2025-10-24", "close": 46.64, "volume": 3344379, "typical_volume": 5207191.1, "trend": 52.044, "fair_value": 49.785962, "relative_strength": -24.723938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.43834, "energy": 30.177399, "activity_lines": [ 48.206667, 49.547273, 49.236286, 50.662667 ] }, { "date": "2025-10-31", "close": 57.07, "volume": 6174980, "typical_volume": 5405329.7, "trend": 52.311, "fair_value": 49.792564, "relative_strength": -9.508589, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.796318, "energy": 10.372647, "activity_lines": [ 50.611333, 50.949636, 49.893095, 50.986925 ] }, { "date": "2025-11-07", "close": 66.01, "volume": 23755163, "typical_volume": 6451425.4, "trend": 52.917333, "fair_value": 49.866218, "relative_strength": 7.788722, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.284654, "energy": 41.628868, "activity_lines": [ 55.907333, 53.796, 51.40119, 51.870731 ] }, { "date": "2025-11-14", "close": 65.78, "volume": 9405642, "typical_volume": 6556519.2, "trend": 53.421667, "fair_value": 49.943013, "relative_strength": 7.468665, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.189074, "energy": 66.365267, "activity_lines": [ 60.264667, 56.259636, 52.853333, 52.700581 ] }, { "date": "2025-11-21", "close": 65.57, "volume": 6539746, "typical_volume": 6706530.25, "trend": 53.785, "fair_value": 50.00859, "relative_strength": 10.362006, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.061701, "energy": 72.404287, "activity_lines": [ 63.318667, 58.277455, 54.231476, 53.484344 ] }, { "date": "2025-11-28", "close": 65.55, "volume": 3878464, "typical_volume": 6679816.15, "trend": 54.007, "fair_value": 50.076026, "relative_strength": 5.074019, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.257723, "energy": 82.547741, "activity_lines": [ 65.097333, 59.990182, 55.549476, 54.243376 ] }, { "date": "2025-12-05", "close": 65.35, "volume": 4518138, "typical_volume": 6629591.35, "trend": 54.227333, "fair_value": 50.160513, "relative_strength": 3.571308, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.324557, "energy": 81.042164, "activity_lines": [ 65.548667, 61.521818, 56.768619, 54.975183 ] }, { "date": "2025-12-12", "close": 65.4, "volume": 3536980, "typical_volume": 6541073.3, "trend": 54.374333, "fair_value": 50.260641, "relative_strength": 5.369772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.464431, "energy": 77.354161, "activity_lines": [ 65.464667, 62.887818, 57.923429, 55.696 ] }, { "date": "2025-12-19", "close": 64.91, "volume": 4442235, "typical_volume": 6582530.1, "trend": 54.607667, "fair_value": 50.348974, "relative_strength": 3.758817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.361005, "energy": 77.988065, "activity_lines": [ 65.258, 63.940727, 58.959238, 56.37572 ] }, { "date": "2025-12-26", "close": 64.85, "volume": 2189677, "typical_volume": 6472738.2, "trend": 54.775667, "fair_value": 50.436026, "relative_strength": 2.178189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.092859, "energy": 69.63769, "activity_lines": [ 65.089333, 64.662182, 59.900143, 57.036516 ] }, { "date": "2026-01-02", "close": 64.57, "volume": 3791750, "typical_volume": 6519234.4, "trend": 54.951, "fair_value": 50.509038, "relative_strength": 3.287574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.895931, "energy": 60.99487, "activity_lines": [ 64.875333, 64.999818, 60.717571, 57.668409 ] }, { "date": "2026-01-09", "close": 64.7, "volume": 4365507, "typical_volume": 6596939.15, "trend": 55.206333, "fair_value": 50.5775, "relative_strength": 1.020653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.949328, "energy": 60.419504, "activity_lines": [ 64.77, 65.035091, 61.457429, 58.297376 ] }, { "date": "2026-01-16", "close": 64.04, "volume": 4421302, "typical_volume": 6690791.9, "trend": 55.379, "fair_value": 50.648077, "relative_strength": 0.74982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.989994, "energy": 48.811096, "activity_lines": [ 64.488, 64.811636, 62.050571, 58.86729 ] }, { "date": "2026-01-23", "close": 64.11, "volume": 2938567, "typical_volume": 6660074.05, "trend": 55.701333, "fair_value": 50.70391, "relative_strength": 0.495364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.424947, "energy": 44.1909, "activity_lines": [ 64.32, 64.636727, 62.570476, 59.430581 ] }, { "date": "2026-01-30", "close": 64.06, "volume": 2313273, "typical_volume": 6431345.75, "trend": 56.058667, "fair_value": 50.749936, "relative_strength": 0.852104, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.889254, "energy": 65.68398, "activity_lines": [ 64.188667, 64.483091, 62.98681, 59.969849 ] }, { "date": "2026-02-06", "close": 63.73, "volume": 2987661, "typical_volume": 5892531.5, "trend": 56.556667, "fair_value": 50.787692, "relative_strength": 2.550326, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.671091, "energy": 77.893399, "activity_lines": [ 64.0, 64.296909, 63.299952, 60.464774 ] }, { "date": "2026-02-13", "close": 63.84, "volume": 2918484, "typical_volume": 5520400.15, "trend": 56.99, "fair_value": 50.817692, "relative_strength": 4.243006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.392133, "energy": 77.273747, "activity_lines": [ 63.904, 64.163818, 63.594333, 60.934667 ] }, { "date": "2026-02-20", "close": 63.93, "volume": 1904765, "typical_volume": 5348773.35, "trend": 57.447333, "fair_value": 50.860321, "relative_strength": 3.375906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.974396, "energy": 76.51287, "activity_lines": [ 63.895333, 64.074545, 63.858714, 61.382409 ] }, { "date": "2026-02-27", "close": 59.98, "volume": 7551272, "typical_volume": 5522256.15, "trend": 57.907333, "fair_value": 50.870128, "relative_strength": -2.426233, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -5.624425, "energy": 25.646842, "activity_lines": [ 62.577333, 63.293818, 63.695238, 61.545806 ] }, { "date": "2026-03-06", "close": 59.19, "volume": 4959161, "typical_volume": 5296857.3, "trend": 58.396333, "fair_value": 50.937051, "relative_strength": -2.276358, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -29.591613, "energy": 45.393081, "activity_lines": [ 61.271333, 62.459091, 63.396048, 61.628559 ] }, { "date": "2026-03-13", "close": 60.23, "volume": 3830280, "typical_volume": 5321152.35, "trend": 58.881333, "fair_value": 51.062436, "relative_strength": 0.739384, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -16.042159, "energy": 45.182731, "activity_lines": [ 60.636667, 61.916364, 63.135667, 61.74686 ] }, { "date": "2026-03-20", "close": 59.35, "volume": 3479394, "typical_volume": 5186373.05, "trend": 59.29, "fair_value": 51.177564, "relative_strength": 1.629093, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.786924, "energy": 51.3887, "activity_lines": [ 59.942, 61.292545, 62.726762, 61.777097 ] }, { "date": "2026-03-27", "close": 59.98, "volume": 2706762, "typical_volume": 4133953.0, "trend": 59.714, "fair_value": 51.279295, "relative_strength": 6.472321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.294544, "energy": 44.010507, "activity_lines": [ 59.756667, 60.880545, 62.367, 61.821613 ] }, { "date": "2026-04-03", "close": 59.78, "volume": 2728535, "typical_volume": 3800097.65, "trend": 60.261333, "fair_value": 51.393397, "relative_strength": 2.337612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.940798, "energy": 44.425961, "activity_lines": [ 59.768, 60.506, 62.016905, 61.825871 ] }, { "date": "2026-04-10", "close": 60.73, "volume": 2913999, "typical_volume": 3618810.3, "trend": 60.652667, "fair_value": 51.509551, "relative_strength": -0.352833, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.844997, "energy": 37.669551, "activity_lines": [ 60.109333, 60.382909, 61.785857, 61.856108 ] }, { "date": "2026-04-17", "close": 62.22, "volume": 3093444, "typical_volume": 3579559.3, "trend": 60.807, "fair_value": 51.629744, "relative_strength": -3.504382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.082574, "energy": 14.360549, "activity_lines": [ 60.844667, 60.591273, 61.719762, 61.957226 ] }, { "date": "2026-04-24", "close": 62.04, "volume": 1595284, "typical_volume": 3433416.6, "trend": 61.017, "fair_value": 51.744103, "relative_strength": -5.442975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.047568, "energy": 13.68179, "activity_lines": [ 61.387333, 60.794364, 61.652381, 62.036774 ] }, { "date": "2026-05-01", "close": 62.65, "volume": 2018252, "typical_volume": 3357480.2, "trend": 61.336, "fair_value": 51.870513, "relative_strength": -5.453057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 13.545016, "energy": 22.528749, "activity_lines": [ 61.954, 61.141091, 61.658857, 62.142129 ] }, { "date": "2026-05-08", "close": 61.38, "volume": 3130900, "typical_volume": 3291913.45, "trend": 61.806, "fair_value": 52.008462, "relative_strength": -11.601914, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 6.882241, "energy": 18.622155, "activity_lines": [ 61.919333, 61.280182, 61.557476, 62.144968 ] }, { "date": "2026-05-15", "close": 62.54, "volume": 2682140, "typical_volume": 3316536.6, "trend": 62.339333, "fair_value": 52.147372, "relative_strength": -9.117006, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -3.092644, "energy": 14.173014, "activity_lines": [ 62.164667, 61.604727, 61.583381, 62.192323 ] }, { "date": "2026-05-22", "close": 62.47, "volume": 2359810, "typical_volume": 3244939.6, "trend": 62.867, "fair_value": 52.282179, "relative_strength": -9.824295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -2.868795, "energy": 12.7958, "activity_lines": [ 62.266, 61.855636, 61.613619, 62.200753 ] }, { "date": "2026-05-29", "close": 62.55, "volume": 1835069, "typical_volume": 3118417.7, "trend": 63.049667, "fair_value": 52.403846, "relative_strength": -11.705044, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -1.489444, "energy": 11.765438, "activity_lines": [ 62.377333, 62.080364, 61.661476, 62.180301 ] }, { "date": "2026-06-05", "close": 62.65, "volume": 2785387, "typical_volume": 3036621.95, "trend": 62.937667, "fair_value": 52.520705, "relative_strength": -6.955489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 1.214783, "energy": 15.479111, "activity_lines": [ 62.488, 62.265091, 61.729095, 62.154516 ] }, { "date": "2026-06-12", "close": 63.03, "volume": 2312786, "typical_volume": 3005332.9, "trend": 62.846, "fair_value": 52.636026, "relative_strength": -8.11033, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 5.694101, "energy": 28.460359, "activity_lines": [ 62.725333, 62.470364, 61.839524, 62.160473 ] }, { "date": "2026-06-19", "close": 63.25, "volume": 2414142, "typical_volume": 3010376.35, "trend": 62.768667, "fair_value": 52.758718, "relative_strength": -9.701799, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.382563, "energy": 39.255368, "activity_lines": [ 62.926, 62.656545, 61.976048, 62.186538 ] }, { "date": "2026-06-26", "close": 63.15, "volume": 2359103, "typical_volume": 2978948.45, "trend": 62.688667, "fair_value": 52.86, "relative_strength": -5.39918, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.991966, "energy": 35.34648, "activity_lines": [ 63.046, 62.778727, 62.106905, 62.21114 ] }, { "date": "2026-07-03", "close": 64.01, "volume": 1715908, "typical_volume": 2918819.65, "trend": 62.644, "fair_value": 52.959359, "relative_strength": -4.804526, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.726934, "energy": 49.087476, "activity_lines": [ 63.407333, 63.040364, 62.322429, 62.296387 ] }, { "date": "2026-07-10", "close": 66.0, "volume": 2490389, "typical_volume": 2948100.85, "trend": 62.664, "fair_value": 53.072821, "relative_strength": -3.642851, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.96893, "energy": 71.722354, "activity_lines": [ 64.334667, 63.628, 62.726667, 62.512903 ] }, { "date": "2026-07-17", "close": 65.61, "volume": 2649395, "typical_volume": 2703007.0, "trend": 62.687333, "fair_value": 53.170449, "relative_strength": -0.124707, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.569315, "energy": 83.523937, "activity_lines": [ 64.908667, 64.083818, 63.083905, 62.702968 ] }, { "date": "2026-07-24", "close": 63.22, "volume": 3258176, "typical_volume": 2617957.75, "trend": 62.633, "fair_value": 53.243397, "relative_strength": -2.269655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.69223, "energy": 65.81213, "activity_lines": [ 64.514, 64.028182, 63.186714, 62.737333 ] }, { "date": "2026-07-31", "close": 61.91, "volume": 2913939, "typical_volume": 2572140.7, "trend": 62.544333, "fair_value": 53.297756, "relative_strength": -4.939698, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.289685, "energy": 26.892634, "activity_lines": [ 63.684667, 63.722, 63.145571, 62.690688 ] }, { "date": "2026-08-07", "close": 60.8, "volume": 4790948, "typical_volume": 2637718.4, "trend": 62.414333, "fair_value": 53.366667, "relative_strength": -11.282215, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 4.981706, "energy": 13.175073, "activity_lines": [ 62.568, 63.224182, 62.990714, 62.578151 ] } ], "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." } } }