{ "ticker": { "uuid": "a48af53f-939c-4031-838a-3ae0c133e6fd", "symbol": "LKQ", "name": "LKQ Corporation", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -56.882, "architecture_energy": 48.32, "architecture_maturity": 34.461, "architecture_confidence": 93.104, "architecture_tenure": "Developing", "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": 18.33, "rotation_up": 17.13, "upward_expansion": 8.15, "deceleration": 45.12, "rotation_down": 55.7, "downward_expansion": 79.15 }, "activity_lines": [ 24.513333, 25.146182, 26.016564, 27.021275 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 24.86, "trend_reference": 28.59981, "distance_from_trend": -0.130763, "trend_direction": "Weakening", "fair_value": 36.418299, "distance_from_fair_value": -0.317376, "fair_value_direction": "Weakening", "relative_strength": -26.021386, "relative_strength_direction": "Weakening", "price_momentum": -0.265733, "excess_performance": -0.453187, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.130763, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.047428, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.317376, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.059977, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.260214, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.005313, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.265733, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.843975, "read": "Supply-led" } ], "volume": { "latest": 20726777, "relative_activity": 1.451604, "balance": 0.843975, "dry_up": 1.231653, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.098279, "annualized_volatility": 0.455594, "from_high_reference": -0.316161, "from_low_reference": 0.174303 }, "levels": { "trend_reference": 28.59981, "fair_value_reference": 36.418299, "structural_low": 21.17, "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": 26, "median_return": 0.005718, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": -0.006334, "regime_survival": 0.846154, "best_return": 0.126765, "worst_return": -0.107306, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.032413, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.023415, "regime_survival": 0.5, "best_return": 0.138307, "worst_return": -0.108901, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.018181, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.005018, "regime_survival": 0.2, "best_return": 0.130506, "worst_return": -0.042898, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.154549, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.427442, "regime_survival": 0.666667, "best_return": 0.178941, "worst_return": -0.229189, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-04-26", "end": "2024-06-07", "tenure": "Developing", "return": -0.0262, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2025-02-14", "tenure": "Extended", "return": -0.014422, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": 0.041986, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": -0.061927, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-06-06", "tenure": "Developing", "return": -0.053416, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-20", "tenure": "New", "return": -0.025971, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-27", "end": "2025-07-25", "tenure": "Developing", "return": -0.133351, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-01", "end": "2026-01-02", "tenure": "Established", "return": 0.033458, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": 0.003293, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": 0.016013, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-27", "tenure": "Developing", "return": -0.135652, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.103938, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.221203, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.084346, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 47.900347, "volume": 6656005, "typical_volume": 5384885.7, "trend": 50.607212, "fair_value": 43.87532, "relative_strength": -16.504012, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.395953, "energy": 48.580063, "activity_lines": [ 48.916003, 50.018758, 50.244951, 50.359964 ] }, { "date": "2023-08-25", "close": 47.342622, "volume": 4726236, "typical_volume": 5416027.15, "trend": 50.455797, "fair_value": 43.995005, "relative_strength": -18.533653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.656036, "energy": 71.229282, "activity_lines": [ 48.199891, 49.458877, 49.951316, 50.149345 ] }, { "date": "2023-09-01", "close": 48.339212, "volume": 7265828, "typical_volume": 5529632.55, "trend": 50.341803, "fair_value": 44.1257, "relative_strength": -19.464942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.15203, "energy": 67.384958, "activity_lines": [ 48.116684, 49.116232, 49.761663, 50.012791 ] }, { "date": "2023-09-08", "close": 46.135741, "volume": 5898283, "typical_volume": 5593037.3, "trend": 50.19368, "fair_value": 44.24024, "relative_strength": -21.782469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.127312, "energy": 75.475917, "activity_lines": [ 47.378024, 48.394015, 49.374711, 49.741432 ] }, { "date": "2023-09-15", "close": 45.660304, "volume": 9895734, "typical_volume": 5809439.65, "trend": 49.949568, "fair_value": 44.3581, "relative_strength": -21.945819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.095848, "energy": 76.339582, "activity_lines": [ 46.696514, 47.710147, 48.966733, 49.448956 ] }, { "date": "2023-09-22", "close": 45.194009, "volume": 5870227, "typical_volume": 5903336.8, "trend": 49.728632, "fair_value": 44.495227, "relative_strength": -19.801533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.103815, "energy": 76.135038, "activity_lines": [ 46.069302, 47.057073, 48.545736, 49.142146 ] }, { "date": "2023-09-29", "close": 45.267153, "volume": 7420349, "typical_volume": 6044382.2, "trend": 49.486723, "fair_value": 44.624766, "relative_strength": -19.429784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.355653, "energy": 81.261072, "activity_lines": [ 45.646894, 46.557889, 48.16247, 48.854309 ] }, { "date": "2023-10-06", "close": 45.285439, "volume": 6683353, "typical_volume": 6160363.0, "trend": 49.357382, "fair_value": 44.743096, "relative_strength": -20.415733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.945065, "energy": 77.326895, "activity_lines": [ 45.368946, 46.181776, 47.809206, 48.583258 ] }, { "date": "2023-10-13", "close": 45.742591, "volume": 7592074, "typical_volume": 6279117.2, "trend": 49.25173, "fair_value": 44.856638, "relative_strength": -19.278661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.493416, "energy": 65.156946, "activity_lines": [ 45.446966, 45.965861, 47.525343, 48.350046 ] }, { "date": "2023-10-20", "close": 44.361993, "volume": 7607297, "typical_volume": 6310422.1, "trend": 49.107298, "fair_value": 44.955752, "relative_strength": -18.919613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.102772, "energy": 59.268856, "activity_lines": [ 45.090997, 45.564884, 47.124279, 48.034579 ] }, { "date": "2023-10-27", "close": 39.817906, "volume": 13333482, "typical_volume": 6666199.85, "trend": 48.722094, "fair_value": 45.030752, "relative_strength": -24.680045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.16075, "energy": 78.592283, "activity_lines": [ 43.306887, 44.418514, 46.311998, 47.435263 ] }, { "date": "2023-11-03", "close": 41.088788, "volume": 11301038, "typical_volume": 6874830.9, "trend": 48.450152, "fair_value": 45.102799, "relative_strength": -26.414389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.555865, "energy": 82.007894, "activity_lines": [ 42.304811, 43.650166, 45.666327, 46.942792 ] }, { "date": "2023-11-10", "close": 40.988214, "volume": 7153969, "typical_volume": 6943352.35, "trend": 48.117232, "fair_value": 45.162481, "relative_strength": -28.10421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.80241, "energy": 87.196115, "activity_lines": [ 41.547768, 42.977239, 45.050297, 46.461377 ] }, { "date": "2023-11-17", "close": 41.901677, "volume": 7710818, "typical_volume": 7020299.5, "trend": 47.806313, "fair_value": 45.233428, "relative_strength": -27.370608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.85266, "energy": 81.987013, "activity_lines": [ 41.381694, 42.604051, 44.561783, 46.060373 ] }, { "date": "2023-11-24", "close": 42.186972, "volume": 4703659, "typical_volume": 7039255.65, "trend": 47.470812, "fair_value": 45.301133, "relative_strength": -26.915879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.130507, "energy": 59.366881, "activity_lines": [ 41.566779, 42.359717, 44.153285, 45.697835 ] }, { "date": "2023-12-01", "close": 41.864864, "volume": 9315422, "typical_volume": 7226628.4, "trend": 47.144486, "fair_value": 45.36052, "relative_strength": -26.954163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.797108, "energy": 52.554577, "activity_lines": [ 41.789497, 42.11997, 43.760921, 45.336161 ] }, { "date": "2023-12-08", "close": 41.782036, "volume": 7296683, "typical_volume": 7343908.9, "trend": 46.830485, "fair_value": 45.421797, "relative_strength": -26.895653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.567849, "energy": 47.32845, "activity_lines": [ 41.848141, 41.925693, 43.413342, 44.990196 ] }, { "date": "2023-12-15", "close": 42.886407, "volume": 12673753, "typical_volume": 7691211.45, "trend": 46.569488, "fair_value": 45.493028, "relative_strength": -26.742343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.051221, "energy": 35.483681, "activity_lines": [ 42.228693, 41.995576, 43.218899, 44.73574 ] }, { "date": "2023-12-22", "close": 43.990778, "volume": 9524850, "typical_volume": 7912011.15, "trend": 46.411095, "fair_value": 45.570718, "relative_strength": -24.822871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.905164, "energy": 25.990224, "activity_lines": [ 42.850822, 42.309873, 43.161246, 44.569371 ] }, { "date": "2023-12-29", "close": 43.981575, "volume": 4436194, "typical_volume": 7853262.7, "trend": 46.247544, "fair_value": 45.654097, "relative_strength": -24.331309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.689857, "energy": 21.079669, "activity_lines": [ 43.33061, 42.654348, 43.128333, 44.412628 ] }, { "date": "2024-01-05", "close": 43.364968, "volume": 7748779, "typical_volume": 7907901.4, "trend": 46.046764, "fair_value": 45.715774, "relative_strength": -22.175351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.60526, "energy": 21.216244, "activity_lines": [ 43.485222, 42.893629, 43.05967, 44.226656 ] }, { "date": "2024-01-12", "close": 43.291343, "volume": 6681566, "typical_volume": 8005667.9, "trend": 45.845653, "fair_value": 45.780022, "relative_strength": -23.870835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.929389, "energy": 16.337744, "activity_lines": [ 43.515285, 43.055032, 43.005592, 44.048886 ] }, { "date": "2024-01-19", "close": 43.604249, "volume": 5742801, "typical_volume": 7929516.55, "trend": 45.649211, "fair_value": 45.85022, "relative_strength": -24.643283, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.079012, "energy": 13.242529, "activity_lines": [ 43.54903, 43.23328, 43.000606, 43.90428 ] }, { "date": "2024-01-26", "close": 43.852732, "volume": 7078287, "typical_volume": 7988516.75, "trend": 45.344327, "fair_value": 45.933618, "relative_strength": -23.908013, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.74491, "energy": 10.660764, "activity_lines": [ 43.617746, 43.409143, 43.041833, 43.788378 ] }, { "date": "2024-02-02", "close": 43.530624, "volume": 8271823, "typical_volume": 7907321.2, "trend": 45.061449, "fair_value": 45.999062, "relative_strength": -24.649896, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.219947, "energy": 9.341401, "activity_lines": [ 43.588297, 43.490967, 43.063254, 43.671365 ] }, { "date": "2024-02-09", "close": 44.119622, "volume": 7265690, "typical_volume": 7977094.35, "trend": 44.767887, "fair_value": 46.073859, "relative_strength": -24.289415, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.91307, "energy": 8.15711, "activity_lines": [ 43.785243, 43.655451, 43.150912, 43.610602 ] }, { "date": "2024-02-16", "close": 46.052271, "volume": 13407112, "typical_volume": 8276432.5, "trend": 44.574521, "fair_value": 46.150509, "relative_strength": -18.963228, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.355553, "energy": 39.809468, "activity_lines": [ 44.576095, 44.130331, 43.427748, 43.693465 ] }, { "date": "2024-02-23", "close": 48.021733, "volume": 8387781, "typical_volume": 8361653.9, "trend": 44.52442, "fair_value": 46.236403, "relative_strength": -15.855006, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.38702, "energy": 62.37459, "activity_lines": [ 45.839373, 44.885654, 43.888412, 43.915866 ] }, { "date": "2024-03-01", "close": 47.837671, "volume": 9896564, "typical_volume": 8476878.4, "trend": 44.473336, "fair_value": 46.306637, "relative_strength": -16.99403, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.220137, "energy": 73.686468, "activity_lines": [ 46.746798, 45.514141, 44.318517, 44.129624 ] }, { "date": "2024-03-08", "close": 47.322298, "volume": 7368770, "typical_volume": 8464952.05, "trend": 44.423871, "fair_value": 46.367792, "relative_strength": -15.857835, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.154133, "energy": 72.737416, "activity_lines": [ 47.216769, 45.978981, 44.689563, 44.313428 ] }, { "date": "2024-03-15", "close": 47.679514, "volume": 8389814, "typical_volume": 8217768.65, "trend": 44.41651, "fair_value": 46.428899, "relative_strength": -13.559253, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.290809, "energy": 84.698474, "activity_lines": [ 47.553034, 46.448029, 45.080532, 44.52347 ] }, { "date": "2024-03-22", "close": 48.855071, "volume": 4901251, "typical_volume": 7897779.3, "trend": 44.466925, "fair_value": 46.501204, "relative_strength": -13.381942, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.067568, "energy": 87.780362, "activity_lines": [ 48.043825, 47.052368, 45.546023, 44.809828 ] }, { "date": "2024-03-29", "close": 49.438222, "volume": 4434955, "typical_volume": 7761828.6, "trend": 44.503559, "fair_value": 46.57612, "relative_strength": -11.207178, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.363336, "energy": 84.382884, "activity_lines": [ 48.542147, 47.661576, 46.03007, 45.130557 ] }, { "date": "2024-04-05", "close": 47.642488, "volume": 4500129, "typical_volume": 7601294.15, "trend": 44.553784, "fair_value": 46.633157, "relative_strength": -13.108934, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.166629, "energy": 59.285706, "activity_lines": [ 48.347458, 47.838215, 46.302856, 45.333069 ] }, { "date": "2024-04-12", "close": 45.587576, "volume": 5645367, "typical_volume": 7648379.55, "trend": 44.551359, "fair_value": 46.673642, "relative_strength": -15.696161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.115019, "energy": 41.044681, "activity_lines": [ 47.48081, 47.572328, 46.352599, 45.399765 ] }, { "date": "2024-04-19", "close": 45.467243, "volume": 6740309, "typical_volume": 7519623.9, "trend": 44.560467, "fair_value": 46.711609, "relative_strength": -10.385593, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.48757, "energy": 24.133757, "activity_lines": [ 46.6897, 47.247164, 46.374689, 45.458854 ] }, { "date": "2024-04-26", "close": 40.394758, "volume": 21953271, "typical_volume": 8252453.3, "trend": 44.398054, "fair_value": 46.707369, "relative_strength": -22.55952, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -27.117974, "energy": 32.227957, "activity_lines": [ 44.355246, 45.975227, 45.896531, 45.190099 ] }, { "date": "2024-05-03", "close": 40.589141, "volume": 11478469, "typical_volume": 8192689.1, "trend": 44.241511, "fair_value": 46.687077, "relative_strength": -22.148201, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.900868, "energy": 46.449212, "activity_lines": [ 42.649607, 44.841497, 45.443491, 44.944363 ] }, { "date": "2024-05-10", "close": 40.92237, "volume": 7034193, "typical_volume": 8068156.25, "trend": 44.080837, "fair_value": 46.663851, "relative_strength": -21.848754, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.540801, "energy": 59.618924, "activity_lines": [ 41.644983, 43.903492, 45.033127, 44.730224 ] }, { "date": "2024-05-17", "close": 41.628934, "volume": 11058256, "typical_volume": 8399259.35, "trend": 43.989735, "fair_value": 46.646168, "relative_strength": -21.446711, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.815565, "energy": 64.875948, "activity_lines": [ 41.323889, 43.219686, 44.704666, 44.572037 ] }, { "date": "2024-05-24", "close": 39.998071, "volume": 8327318, "typical_volume": 8428186.3, "trend": 43.99574, "fair_value": 46.615438, "relative_strength": -24.885585, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.165985, "energy": 72.802308, "activity_lines": [ 40.723083, 42.342875, 44.232088, 44.31451 ] }, { "date": "2024-05-31", "close": 40.100582, "volume": 8968457, "typical_volume": 8542530.85, "trend": 43.9628, "fair_value": 46.58824, "relative_strength": -22.847992, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.095214, "energy": 63.899678, "activity_lines": [ 40.521058, 41.624365, 43.785305, 44.06321 ] }, { "date": "2024-06-07", "close": 39.336407, "volume": 5974342, "typical_volume": 8554107.9, "trend": 43.90774, "fair_value": 46.561327, "relative_strength": -25.635263, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.186822, "energy": 66.148867, "activity_lines": [ 40.083921, 40.926086, 43.280939, 43.764733 ] }, { "date": "2024-06-14", "close": 37.547117, "volume": 7741364, "typical_volume": 8587261.75, "trend": 43.762588, "fair_value": 46.538212, "relative_strength": -30.762459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.205984, "energy": 74.933087, "activity_lines": [ 39.133869, 40.086152, 42.626486, 43.35437 ] }, { "date": "2024-06-21", "close": 38.82385, "volume": 10296050, "typical_volume": 8688473.1, "trend": 43.650484, "fair_value": 46.50621, "relative_strength": -27.864411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.630182, "energy": 65.500643, "activity_lines": [ 38.834412, 39.661903, 42.123654, 43.035742 ] }, { "date": "2024-06-28", "close": 38.758615, "volume": 8823967, "typical_volume": 8766386.95, "trend": 43.546942, "fair_value": 46.470748, "relative_strength": -27.147377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.181472, "energy": 63.833663, "activity_lines": [ 38.700215, 39.348769, 41.637023, 42.720137 ] }, { "date": "2024-07-05", "close": 38.628146, "volume": 8163841, "typical_volume": 8504223.4, "trend": 43.441813, "fair_value": 46.431181, "relative_strength": -29.087518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.37864, "energy": 59.347548, "activity_lines": [ 38.605159, 39.13389, 41.163494, 42.402796 ] }, { "date": "2024-07-12", "close": 40.818162, "volume": 6743148, "typical_volume": 8421991.75, "trend": 43.372871, "fair_value": 46.414104, "relative_strength": -24.091793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.444646, "energy": 42.831967, "activity_lines": [ 39.33827, 39.349315, 40.933891, 42.233528 ] }, { "date": "2024-07-19", "close": 42.020341, "volume": 7472916, "typical_volume": 8300809.35, "trend": 43.30719, "fair_value": 46.397465, "relative_strength": -17.901806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.965868, "energy": 25.035307, "activity_lines": [ 40.373325, 39.779154, 40.853085, 42.146268 ] }, { "date": "2024-07-26", "close": 37.444606, "volume": 16347900, "typical_volume": 8749765.85, "trend": 43.089291, "fair_value": 46.35155, "relative_strength": -24.237845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.686345, "energy": 33.714276, "activity_lines": [ 39.584919, 39.357078, 40.364195, 41.768037 ] }, { "date": "2024-08-02", "close": 37.407329, "volume": 10879950, "typical_volume": 8874272.65, "trend": 42.890703, "fair_value": 46.304946, "relative_strength": -21.201503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.0079, "energy": 37.994087, "activity_lines": [ 38.876037, 39.004304, 39.918792, 41.401459 ] }, { "date": "2024-08-09", "close": 36.438131, "volume": 7765803, "typical_volume": 9017500.25, "trend": 42.662262, "fair_value": 46.254102, "relative_strength": -22.77803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.624203, "energy": 48.854231, "activity_lines": [ 37.934176, 38.522416, 39.43, 40.985164 ] }, { "date": "2024-08-16", "close": 37.828791, "volume": 7628076, "typical_volume": 9177156.3, "trend": 42.469747, "fair_value": 46.209467, "relative_strength": -23.210053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.687213, "energy": 53.097955, "activity_lines": [ 37.601868, 38.359965, 39.132779, 40.673327 ] }, { "date": "2024-08-23", "close": 40.025847, "volume": 5875873, "typical_volume": 9245943.5, "trend": 42.342184, "fair_value": 46.172774, "relative_strength": -18.875901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.434201, "energy": 39.407818, "activity_lines": [ 38.201204, 38.62439, 39.100086, 40.515656 ] }, { "date": "2024-08-30", "close": 39.049378, "volume": 8645875, "typical_volume": 9395968.9, "trend": 42.192809, "fair_value": 46.13664, "relative_strength": -19.528866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.271509, "energy": 30.983911, "activity_lines": [ 38.608016, 38.666207, 39.010664, 40.303217 ] }, { "date": "2024-09-06", "close": 37.537728, "volume": 7132057, "typical_volume": 9415556.3, "trend": 41.973413, "fair_value": 46.091661, "relative_strength": -17.248387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.112505, "energy": 28.698458, "activity_lines": [ 38.40396, 38.429079, 38.808411, 40.002889 ] }, { "date": "2024-09-13", "close": 38.532976, "volume": 10477854, "typical_volume": 8841785.45, "trend": 41.72277, "fair_value": 46.051822, "relative_strength": -19.156808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.385968, "energy": 18.002158, "activity_lines": [ 38.522961, 38.395103, 38.738702, 39.780925 ] }, { "date": "2024-09-20", "close": 37.565896, "volume": 14836959, "typical_volume": 9009709.95, "trend": 41.374242, "fair_value": 45.997895, "relative_strength": -21.607594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.662988, "energy": 28.565446, "activity_lines": [ 38.179945, 38.187024, 38.585757, 39.51274 ] }, { "date": "2024-09-27", "close": 37.903904, "volume": 13760922, "typical_volume": 9346046.4, "trend": 41.043116, "fair_value": 45.952108, "relative_strength": -20.958284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.812992, "energy": 29.552531, "activity_lines": [ 37.967124, 38.099533, 38.479398, 39.288847 ] }, { "date": "2024-10-04", "close": 36.824155, "volume": 10727933, "typical_volume": 9329530.25, "trend": 40.693178, "fair_value": 45.892244, "relative_strength": -22.552044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.463942, "energy": 32.972528, "activity_lines": [ 37.535851, 37.890569, 38.284581, 39.016656 ] }, { "date": "2024-10-11", "close": 36.65515, "volume": 11198589, "typical_volume": 9473093.8, "trend": 40.3257, "fair_value": 45.815914, "relative_strength": -23.066026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.27364, "energy": 40.029492, "activity_lines": [ 37.19659, 37.662157, 38.096547, 38.756138 ] }, { "date": "2024-10-18", "close": 36.908657, "volume": 12319279, "typical_volume": 9640634.9, "trend": 39.927486, "fair_value": 45.735012, "relative_strength": -21.909836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.373232, "energy": 40.614713, "activity_lines": [ 37.00067, 37.493514, 37.948576, 38.535684 ] }, { "date": "2024-10-25", "close": 35.256171, "volume": 15755490, "typical_volume": 10129692.3, "trend": 39.454751, "fair_value": 45.650672, "relative_strength": -24.85498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.955067, "energy": 66.994036, "activity_lines": [ 36.36221, 37.015864, 37.658425, 38.234308 ] }, { "date": "2024-11-01", "close": 34.645877, "volume": 14142027, "typical_volume": 10449725.45, "trend": 39.02153, "fair_value": 45.550025, "relative_strength": -24.323934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.381799, "energy": 74.894072, "activity_lines": [ 35.6743, 36.474026, 37.32958, 37.924059 ] }, { "date": "2024-11-08", "close": 36.026079, "volume": 11598725, "typical_volume": 10514859.2, "trend": 38.702814, "fair_value": 45.449688, "relative_strength": -24.79684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.785442, "energy": 65.193968, "activity_lines": [ 35.663659, 36.280951, 37.145998, 37.730804 ] }, { "date": "2024-11-15", "close": 36.14457, "volume": 10516782, "typical_volume": 10599499.95, "trend": 38.392058, "fair_value": 45.351865, "relative_strength": -21.286922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.805327, "energy": 60.866793, "activity_lines": [ 35.74572, 36.164389, 36.987024, 37.565756 ] }, { "date": "2024-11-22", "close": 36.428428, "volume": 9269823, "typical_volume": 10654799.05, "trend": 38.259847, "fair_value": 45.259653, "relative_strength": -21.510504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.63362, "energy": 39.486648, "activity_lines": [ 35.956439, 36.124768, 36.867532, 37.43907 ] }, { "date": "2024-11-29", "close": 37.175921, "volume": 8304510, "typical_volume": 10732867.15, "trend": 38.146073, "fair_value": 45.177948, "relative_strength": -19.930531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.09374, "energy": 21.504838, "activity_lines": [ 36.448337, 36.25932, 36.829705, 37.369139 ] }, { "date": "2024-12-06", "close": 36.797443, "volume": 13486007, "typical_volume": 11033521.7, "trend": 38.008575, "fair_value": 45.085781, "relative_strength": -22.655318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.260721, "energy": 18.001629, "activity_lines": [ 36.686093, 36.332147, 36.773176, 37.282131 ] }, { "date": "2024-12-13", "close": 35.936408, "volume": 11123818, "typical_volume": 10772317.6, "trend": 37.818825, "fair_value": 45.00077, "relative_strength": -24.417813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.99977, "energy": 19.19202, "activity_lines": [ 36.4934, 36.268541, 36.659515, 37.148443 ] }, { "date": "2024-12-20", "close": 34.895596, "volume": 16785243, "typical_volume": 11067582.25, "trend": 37.648742, "fair_value": 44.89777, "relative_strength": -24.261477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.876265, "energy": 32.119765, "activity_lines": [ 35.959747, 36.031836, 36.45391, 36.959847 ] }, { "date": "2024-12-27", "close": 34.905057, "volume": 5375056, "typical_volume": 10948044.9, "trend": 37.475558, "fair_value": 44.781815, "relative_strength": -24.251027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.337935, "energy": 47.303235, "activity_lines": [ 35.512513, 35.828844, 36.261168, 36.782835 ] }, { "date": "2025-01-03", "close": 34.6212, "volume": 7809454, "typical_volume": 10957113.8, "trend": 37.318384, "fair_value": 44.674, "relative_strength": -23.57057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.57004, "energy": 61.964732, "activity_lines": [ 35.072218, 35.61067, 36.048691, 36.598683 ] }, { "date": "2025-01-10", "close": 34.318418, "volume": 7881582, "typical_volume": 11057399.25, "trend": 37.210761, "fair_value": 44.573242, "relative_strength": -21.872574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.705066, "energy": 66.088357, "activity_lines": [ 34.701311, 35.34899, 35.822653, 36.405137 ] }, { "date": "2025-01-17", "close": 36.39058, "volume": 11300643, "typical_volume": 11190137.65, "trend": 37.129652, "fair_value": 44.502348, "relative_strength": -18.845754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.43665, "energy": 39.037377, "activity_lines": [ 35.186392, 35.470021, 35.821141, 36.352222 ] }, { "date": "2025-01-24", "close": 36.277037, "volume": 7133679, "typical_volume": 11190218.75, "trend": 37.046933, "fair_value": 44.428349, "relative_strength": -19.664398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.564739, "energy": 22.631298, "activity_lines": [ 35.603348, 35.56378, 35.821477, 36.297215 ] }, { "date": "2025-01-31", "close": 35.378154, "volume": 9658407, "typical_volume": 11149246.4, "trend": 36.9386, "fair_value": 44.343778, "relative_strength": -19.933944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.664622, "energy": 18.249719, "activity_lines": [ 35.62858, 35.491697, 35.742208, 36.189551 ] }, { "date": "2025-02-07", "close": 35.245687, "volume": 10770738, "typical_volume": 10945935.35, "trend": 36.752851, "fair_value": 44.265827, "relative_strength": -19.706628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.44203, "energy": 18.380529, "activity_lines": [ 35.578116, 35.414625, 35.665347, 36.080331 ] }, { "date": "2025-02-14", "close": 37.005606, "volume": 8595551, "typical_volume": 10687666.8, "trend": 36.585693, "fair_value": 44.224793, "relative_strength": -17.348007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.072867, "energy": 10.850172, "activity_lines": [ 36.07266, 35.692634, 35.767145, 36.096638 ] }, { "date": "2025-02-21", "close": 38.311352, "volume": 12544555, "typical_volume": 10778497.9, "trend": 36.614584, "fair_value": 44.198581, "relative_strength": -11.69744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.461806, "energy": 20.212179, "activity_lines": [ 36.823306, 36.204266, 35.997577, 36.207971 ] }, { "date": "2025-02-28", "close": 39.91988, "volume": 16674283, "typical_volume": 11052282.6, "trend": 36.698336, "fair_value": 44.198767, "relative_strength": -4.088916, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.729795, "energy": 50.452529, "activity_lines": [ 37.982077, 36.965178, 36.374121, 36.421216 ] }, { "date": "2025-03-07", "close": 41.04585, "volume": 15468538, "typical_volume": 11209745.55, "trend": 36.851927, "fair_value": 44.211291, "relative_strength": 2.50182, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.989608, "energy": 69.963492, "activity_lines": [ 39.273315, 37.83946, 36.842354, 36.701701 ] }, { "date": "2025-03-14", "close": 39.704869, "volume": 14099327, "typical_volume": 11126937.4, "trend": 36.914462, "fair_value": 44.199859, "relative_strength": 2.331306, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.247265, "energy": 65.755828, "activity_lines": [ 39.739713, 38.358277, 37.163173, 36.885761 ] }, { "date": "2025-03-21", "close": 38.504001, "volume": 18234996, "typical_volume": 11331585.85, "trend": 36.863734, "fair_value": 44.186134, "relative_strength": -0.299097, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.424329, "energy": 71.303433, "activity_lines": [ 39.508543, 38.566324, 37.34844, 36.988312 ] }, { "date": "2025-03-28", "close": 39.638154, "volume": 13054062, "typical_volume": 11404352.7, "trend": 36.88336, "fair_value": 44.183092, "relative_strength": 5.7843, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.685155, "energy": 60.052806, "activity_lines": [ 39.555531, 38.904479, 37.623349, 37.167307 ] }, { "date": "2025-04-04", "close": 39.352233, "volume": 14933342, "typical_volume": 11625180.7, "trend": 36.943844, "fair_value": 44.176113, "relative_strength": 16.960395, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.540455, "energy": 38.053596, "activity_lines": [ 39.418758, 39.131601, 37.853828, 37.326589 ] }, { "date": "2025-04-11", "close": 40.038443, "volume": 15951501, "typical_volume": 11959264.6, "trend": 36.994026, "fair_value": 44.165397, "relative_strength": 11.134315, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.974765, "energy": 36.125631, "activity_lines": [ 39.548565, 39.427576, 38.134385, 37.526241 ] }, { "date": "2025-04-18", "close": 40.057504, "volume": 6296240, "typical_volume": 11858851.1, "trend": 37.077079, "fair_value": 44.141321, "relative_strength": 14.323879, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.373425, "energy": 38.333825, "activity_lines": [ 39.751887, 39.642285, 38.399567, 37.723884 ] }, { "date": "2025-04-25", "close": 35.654324, "volume": 17278424, "typical_volume": 12048471.95, "trend": 37.002093, "fair_value": 44.087541, "relative_strength": -3.929868, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.648039, "energy": 11.11449, "activity_lines": [ 38.463972, 38.968928, 38.231676, 37.632094 ] }, { "date": "2025-05-02", "close": 37.493748, "volume": 12145134, "typical_volume": 12099537.75, "trend": 37.024413, "fair_value": 44.038498, "relative_strength": -1.926124, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.624712, "energy": 16.212129, "activity_lines": [ 37.979178, 38.65458, 38.244412, 37.663813 ] }, { "date": "2025-05-09", "close": 38.218081, "volume": 9638392, "typical_volume": 11742195.2, "trend": 37.076511, "fair_value": 43.992846, "relative_strength": 0.510856, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.051118, "energy": 17.535559, "activity_lines": [ 37.878788, 38.486794, 38.318717, 37.740824 ] }, { "date": "2025-05-16", "close": 40.851539, "volume": 11067166, "typical_volume": 12026800.7, "trend": 37.20794, "fair_value": 43.978233, "relative_strength": 0.884972, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.11562, "energy": 22.746769, "activity_lines": [ 38.731828, 38.828761, 38.628005, 37.984374 ] }, { "date": "2025-05-23", "close": 38.576676, "volume": 9110813, "typical_volume": 12091868.65, "trend": 37.318624, "fair_value": 43.926284, "relative_strength": -2.143768, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.079435, "energy": 19.362824, "activity_lines": [ 38.772373, 38.76065, 38.692324, 38.07268 ] }, { "date": "2025-05-30", "close": 38.845436, "volume": 10554820, "typical_volume": 12225530.55, "trend": 37.458609, "fair_value": 43.885548, "relative_strength": -2.981698, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.674364, "energy": 20.38058, "activity_lines": [ 39.001227, 38.761916, 38.763403, 38.171184 ] }, { "date": "2025-06-06", "close": 37.520833, "volume": 9439507, "typical_volume": 12132473.75, "trend": 37.508434, "fair_value": 43.842781, "relative_strength": -7.864376, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.476065, "energy": 14.186644, "activity_lines": [ 38.575806, 38.516138, 38.686772, 38.175198 ] }, { "date": "2025-06-13", "close": 36.589771, "volume": 7609502, "typical_volume": 12156264.9, "trend": 37.523274, "fair_value": 43.808967, "relative_strength": -9.433036, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.187837, "energy": 7.323656, "activity_lines": [ 37.838226, 38.139572, 38.516086, 38.11593 ] }, { "date": "2025-06-20", "close": 35.639512, "volume": 9859184, "typical_volume": 12166303.75, "trend": 37.496977, "fair_value": 43.752025, "relative_strength": -11.459196, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.689894, "energy": 35.686231, "activity_lines": [ 36.892446, 37.640459, 38.25341, 37.994397 ] }, { "date": "2025-06-27", "close": 35.629914, "volume": 12116793, "typical_volume": 12233606.5, "trend": 37.445444, "fair_value": 43.697194, "relative_strength": -14.660429, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.004899, "energy": 44.16277, "activity_lines": [ 36.290936, 37.219581, 37.988576, 37.873941 ] }, { "date": "2025-07-04", "close": 37.127291, "volume": 6949806, "typical_volume": 12151319.25, "trend": 37.456438, "fair_value": 43.642357, "relative_strength": -12.117736, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.473394, "energy": 40.743827, "activity_lines": [ 36.385001, 37.151455, 37.864519, 37.853415 ] }, { "date": "2025-07-11", "close": 37.050503, "volume": 8632228, "typical_volume": 11955702.9, "trend": 37.493575, "fair_value": 43.594289, "relative_strength": -11.619628, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.998999, "energy": 37.11769, "activity_lines": [ 36.568014, 37.042587, 37.73257, 37.827226 ] }, { "date": "2025-07-18", "close": 35.629914, "volume": 8632930, "typical_volume": 11553635.25, "trend": 37.518052, "fair_value": 43.519162, "relative_strength": -15.531296, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.719124, "energy": 28.898057, "activity_lines": [ 36.308853, 36.683488, 37.471331, 37.70699 ] }, { "date": "2025-07-25", "close": 30.878618, "volume": 30985467, "typical_volume": 12329481.7, "trend": 37.383838, "fair_value": 43.403573, "relative_strength": -26.954678, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.214864, "energy": 70.071712, "activity_lines": [ 34.529917, 35.507575, 36.778015, 37.278639 ] }, { "date": "2025-08-01", "close": 28.450179, "volume": 19291443, "typical_volume": 12589087.5, "trend": 37.178137, "fair_value": 43.271045, "relative_strength": -30.601289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.563603, "energy": 89.504926, "activity_lines": [ 32.258894, 34.071454, 35.901835, 36.702274 ] }, { "date": "2025-08-08", "close": 28.277404, "volume": 16076523, "typical_volume": 12481163.85, "trend": 36.97677, "fair_value": 43.12943, "relative_strength": -32.944393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.033275, "energy": 93.620209, "activity_lines": [ 30.408928, 32.788037, 35.062794, 36.128033 ] }, { "date": "2025-08-15", "close": 30.009363, "volume": 16335340, "typical_volume": 12645227.75, "trend": 36.764063, "fair_value": 42.999778, "relative_strength": -28.655932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.658148, "energy": 87.531191, "activity_lines": [ 29.726275, 32.011668, 34.4374, 35.678523 ] }, { "date": "2025-08-22", "close": 30.852377, "volume": 13573540, "typical_volume": 12577237.65, "trend": 36.583241, "fair_value": 42.887476, "relative_strength": -25.373916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.360159, "energy": 86.663152, "activity_lines": [ 29.794035, 31.525146, 33.938144, 35.297124 ] }, { "date": "2025-08-29", "close": 31.608183, "volume": 40530483, "typical_volume": 13806186.75, "trend": 36.457575, "fair_value": 42.783121, "relative_strength": -22.779931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.14161, "energy": 63.837907, "activity_lines": [ 30.432233, 31.28036, 33.551345, 34.976152 ] }, { "date": "2025-09-05", "close": 31.375628, "volume": 12798307, "typical_volume": 14131290.1, "trend": 36.328573, "fair_value": 42.676126, "relative_strength": -23.493067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.249736, "energy": 48.507905, "activity_lines": [ 30.944276, 31.066588, 33.182542, 34.648285 ] }, { "date": "2025-09-12", "close": 31.298109, "volume": 13963151, "typical_volume": 13965526.45, "trend": 36.138323, "fair_value": 42.596948, "relative_strength": -24.486475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.95685, "energy": 37.751717, "activity_lines": [ 31.235448, 30.916072, 32.847699, 34.323739 ] }, { "date": "2025-09-19", "close": 29.728359, "volume": 16710534, "typical_volume": 14193796.45, "trend": 35.852223, "fair_value": 42.516954, "relative_strength": -29.239704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.479079, "energy": 41.744582, "activity_lines": [ 30.801991, 30.586132, 32.384099, 33.910193 ] }, { "date": "2025-09-26", "close": 29.360146, "volume": 11454400, "typical_volume": 14284596.85, "trend": 35.500232, "fair_value": 42.434369, "relative_strength": -29.237929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.105111, "energy": 49.642844, "activity_lines": [ 30.264529, 30.322374, 31.92241, 33.491349 ] }, { "date": "2025-10-03", "close": 30.387266, "volume": 13154435, "typical_volume": 14388960.3, "trend": 35.144946, "fair_value": 42.345734, "relative_strength": -27.122738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.338518, "energy": 46.29373, "activity_lines": [ 30.168922, 30.359361, 31.600722, 33.16148 ] }, { "date": "2025-10-10", "close": 27.790395, "volume": 11367462, "typical_volume": 14501792.75, "trend": 34.747797, "fair_value": 42.239017, "relative_strength": -31.277386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.367192, "energy": 57.247493, "activity_lines": [ 29.289087, 29.933124, 31.081543, 32.686993 ] }, { "date": "2025-10-17", "close": 29.10821, "volume": 10113395, "typical_volume": 14479721.5, "trend": 34.434604, "fair_value": 42.129892, "relative_strength": -29.205728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.601554, "energy": 49.972184, "activity_lines": [ 29.087539, 29.758485, 30.739234, 32.323149 ] }, { "date": "2025-10-24", "close": 29.834947, "volume": 11478386, "typical_volume": 14581665.45, "trend": 34.10783, "fair_value": 42.002741, "relative_strength": -28.518166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.281659, "energy": 58.638134, "activity_lines": [ 29.274229, 29.700875, 30.512505, 32.026397 ] }, { "date": "2025-10-31", "close": 30.968655, "volume": 23646047, "typical_volume": 15383492.7, "trend": 33.828378, "fair_value": 41.904222, "relative_strength": -26.750807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.025325, "energy": 44.108246, "activity_lines": [ 29.831717, 29.852564, 30.430348, 31.823869 ] }, { "date": "2025-11-07", "close": 29.427974, "volume": 13770817, "typical_volume": 15579074.35, "trend": 33.474695, "fair_value": 41.781066, "relative_strength": -27.729623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.157233, "energy": 33.343767, "activity_lines": [ 29.76841, 29.722016, 30.228226, 31.539972 ] }, { "date": "2025-11-14", "close": 29.602391, "volume": 16977390, "typical_volume": 15822104.2, "trend": 33.126192, "fair_value": 41.659008, "relative_strength": -26.677705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.214801, "energy": 29.00305, "activity_lines": [ 29.827195, 29.66282, 30.072295, 31.290146 ] }, { "date": "2025-11-21", "close": 28.94188, "volume": 12997573, "typical_volume": 16124492.55, "trend": 32.902443, "fair_value": 41.527868, "relative_strength": -25.526462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.660743, "energy": 33.450643, "activity_lines": [ 29.54501, 29.515772, 29.88216, 31.020191 ] }, { "date": "2025-11-28", "close": 29.069161, "volume": 10018673, "typical_volume": 16193814.8, "trend": 32.621624, "fair_value": 41.396389, "relative_strength": -28.170447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.426423, "energy": 40.725247, "activity_lines": [ 29.31634, 29.434706, 29.743125, 30.772882 ] }, { "date": "2025-12-05", "close": 28.83418, "volume": 13383967, "typical_volume": 16431366.65, "trend": 32.308827, "fair_value": 41.273967, "relative_strength": -28.955529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.479545, "energy": 41.286674, "activity_lines": [ 29.060396, 29.322902, 29.619718, 30.528531 ] }, { "date": "2025-12-12", "close": 30.341977, "volume": 21661325, "typical_volume": 15965159.55, "trend": 31.958508, "fair_value": 41.164673, "relative_strength": -23.371973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.916898, "energy": 30.703978, "activity_lines": [ 29.449349, 29.494806, 29.672271, 30.401637 ] }, { "date": "2025-12-19", "close": 29.118116, "volume": 77098734, "typical_volume": 18855524.1, "trend": 31.643223, "fair_value": 41.041704, "relative_strength": -26.423178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.947067, "energy": 28.868161, "activity_lines": [ 29.369415, 29.445013, 29.610821, 30.218386 ] }, { "date": "2025-12-26", "close": 29.969924, "volume": 12850928, "typical_volume": 18694244.35, "trend": 31.347373, "fair_value": 40.925524, "relative_strength": -24.766804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.206661, "energy": 17.292658, "activity_lines": [ 29.605702, 29.525954, 29.627315, 30.110431 ] }, { "date": "2026-01-02", "close": 29.402052, "volume": 9382018, "typical_volume": 18346578.25, "trend": 31.076747, "fair_value": 40.79462, "relative_strength": -24.460337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.88856, "energy": 15.579309, "activity_lines": [ 29.584163, 29.487978, 29.581667, 29.984927 ] }, { "date": "2026-01-09", "close": 32.701583, "volume": 16527445, "typical_volume": 18494273.5, "trend": 30.94714, "fair_value": 40.666454, "relative_strength": -17.401401, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.277683, "energy": 13.51425, "activity_lines": [ 30.640274, 30.057787, 29.853151, 30.089755 ] }, { "date": "2026-01-16", "close": 32.809283, "volume": 15745775, "typical_volume": 17255038.1, "trend": 30.852799, "fair_value": 40.553755, "relative_strength": -15.968211, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.539466, "energy": 43.347231, "activity_lines": [ 31.474458, 30.615671, 30.126087, 30.209893 ] }, { "date": "2026-01-23", "close": 33.323304, "volume": 8871044, "typical_volume": 17058674.95, "trend": 30.775912, "fair_value": 40.434769, "relative_strength": -14.450591, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.61439, "energy": 61.503023, "activity_lines": [ 32.315495, 31.205534, 30.442258, 30.369281 ] }, { "date": "2026-01-30", "close": 32.163084, "volume": 17127621, "typical_volume": 17216898.45, "trend": 30.610439, "fair_value": 40.309154, "relative_strength": -16.898428, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.282342, "energy": 57.729622, "activity_lines": [ 32.489447, 31.516796, 30.638657, 30.458776 ] }, { "date": "2026-02-06", "close": 33.856908, "volume": 12873473, "typical_volume": 17025045.4, "trend": 30.503986, "fair_value": 40.201958, "relative_strength": -10.430786, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.586103, "energy": 72.38954, "activity_lines": [ 33.081796, 32.077458, 30.992253, 30.668225 ] }, { "date": "2026-02-13", "close": 33.386945, "volume": 8815699, "typical_volume": 16893110.35, "trend": 30.42922, "fair_value": 40.076338, "relative_strength": -10.159649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.109213, "energy": 63.444836, "activity_lines": [ 33.2205, 32.465622, 31.281431, 30.854223 ] }, { "date": "2026-02-20", "close": 33.386945, "volume": 13281068, "typical_volume": 16899442.0, "trend": 30.512831, "fair_value": 39.958164, "relative_strength": -10.665791, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.599051, "energy": 46.162033, "activity_lines": [ 33.313513, 32.771009, 31.551435, 31.045044 ] }, { "date": "2026-02-27", "close": 32.417647, "volume": 9488480, "typical_volume": 16805492.9, "trend": 30.64508, "fair_value": 39.829275, "relative_strength": -12.340094, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.181827, "energy": 39.736967, "activity_lines": [ 33.044917, 32.844797, 31.714839, 31.167935 ] }, { "date": "2026-03-06", "close": 30.81194, "volume": 8616845, "typical_volume": 16730665.4, "trend": 30.729564, "fair_value": 39.711623, "relative_strength": -14.759561, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.500667, "energy": 20.742053, "activity_lines": [ 32.301461, 32.566646, 31.703285, 31.1787 ] }, { "date": "2026-03-13", "close": 29.016159, "volume": 13245558, "typical_volume": 16819024.0, "trend": 30.696458, "fair_value": 39.584084, "relative_strength": -18.014463, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 6.961746, "energy": 13.864468, "activity_lines": [ 31.049489, 31.946681, 31.512591, 31.068158 ] }, { "date": "2026-03-20", "close": 27.948079, "volume": 24298230, "typical_volume": 16851633.15, "trend": 30.599648, "fair_value": 39.451091, "relative_strength": -18.597942, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -31.953923, "energy": 33.732121, "activity_lines": [ 29.764206, 31.139535, 31.224075, 30.890843 ] }, { "date": "2026-03-27", "close": 28.857925, "volume": 11335115, "typical_volume": 16729848.05, "trend": 30.507972, "fair_value": 39.306757, "relative_strength": -12.183913, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -24.053448, "energy": 35.171376, "activity_lines": [ 29.144796, 30.584244, 31.036594, 30.778474 ] }, { "date": "2026-04-03", "close": 27.878852, "volume": 9870593, "typical_volume": 16374508.2, "trend": 30.391413, "fair_value": 39.169782, "relative_strength": -17.160207, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.731937, "energy": 54.341614, "activity_lines": [ 28.500964, 29.922781, 30.758582, 30.608853 ] }, { "date": "2026-04-10", "close": 30.04468, "volume": 10054626, "typical_volume": 16227360.85, "trend": 30.349632, "fair_value": 39.035608, "relative_strength": -13.396599, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.071039, "energy": 47.442977, "activity_lines": [ 28.88166, 29.754096, 30.695047, 30.586483 ] }, { "date": "2026-04-17", "close": 30.776512, "volume": 10331583, "typical_volume": 16243006.35, "trend": 30.384571, "fair_value": 38.904501, "relative_strength": -15.211788, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.386705, "energy": 17.656083, "activity_lines": [ 29.557451, 29.756988, 30.695959, 30.614024 ] }, { "date": "2026-04-24", "close": 31.251214, "volume": 11730942, "typical_volume": 16160355.1, "trend": 30.447606, "fair_value": 38.76988, "relative_strength": -14.921448, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.543357, "energy": 6.529407, "activity_lines": [ 30.274119, 29.902196, 30.73395, 30.669936 ] }, { "date": "2026-05-01", "close": 28.19532, "volume": 16599860, "typical_volume": 15907281.85, "trend": 30.374541, "fair_value": 38.6195, "relative_strength": -23.47499, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.536407, "energy": 13.491498, "activity_lines": [ 29.751947, 29.530619, 30.469394, 30.524628 ] }, { "date": "2026-05-08", "close": 28.571126, "volume": 18064850, "typical_volume": 12955587.65, "trend": 30.400566, "fair_value": 38.47443, "relative_strength": -25.490056, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.338697, "energy": 12.983343, "activity_lines": [ 29.399217, 29.321763, 30.250852, 30.408278 ] }, { "date": "2026-05-15", "close": 24.338366, "volume": 20348117, "typical_volume": 13330447.1, "trend": 30.241571, "fair_value": 38.30534, "relative_strength": -35.300495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -80.090411, "energy": 68.998883, "activity_lines": [ 27.589416, 28.413251, 29.631794, 30.017169 ] }, { "date": "2026-05-22", "close": 27.15, "volume": 20609871, "typical_volume": 13891839.75, "trend": 30.152073, "fair_value": 38.166926, "relative_strength": -27.691314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.132998, "energy": 67.000355, "activity_lines": [ 27.097246, 28.133647, 29.307328, 29.817712 ] }, { "date": "2026-05-29", "close": 27.12, "volume": 10387353, "typical_volume": 13584835.15, "trend": 30.023784, "fair_value": 38.027387, "relative_strength": -28.798997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.647954, "energy": 68.00578, "activity_lines": [ 26.836845, 27.882518, 28.990728, 29.622095 ] }, { "date": "2026-06-05", "close": 25.22, "volume": 10958247, "typical_volume": 13345458.75, "trend": 29.883518, "fair_value": 37.872462, "relative_strength": -29.740318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.007625, "energy": 76.520376, "activity_lines": [ 26.218524, 27.300991, 28.519755, 29.312173 ] }, { "date": "2026-06-12", "close": 26.2, "volume": 15621882, "typical_volume": 13683000.65, "trend": 29.770105, "fair_value": 37.724227, "relative_strength": -27.746709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.166461, "energy": 57.604297, "activity_lines": [ 26.125224, 26.96379, 28.178255, 29.074527 ] }, { "date": "2026-06-19", "close": 25.8, "volume": 12987222, "typical_volume": 13475980.7, "trend": 29.665376, "fair_value": 37.57232, "relative_strength": -29.814268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.43752, "energy": 50.879317, "activity_lines": [ 26.056667, 26.584386, 27.832581, 28.818391 ] }, { "date": "2026-06-26", "close": 27.03, "volume": 14455758, "typical_volume": 13555094.95, "trend": 29.597404, "fair_value": 37.40585, "relative_strength": -22.191336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.481095, "energy": 41.459035, "activity_lines": [ 26.300667, 26.505794, 27.634349, 28.648367 ] }, { "date": "2026-07-03", "close": 26.55, "volume": 10271417, "typical_volume": 13627880.85, "trend": 29.521265, "fair_value": 37.2426, "relative_strength": -23.333466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.788444, "energy": 35.283458, "activity_lines": [ 26.392667, 26.408049, 27.422912, 28.45176 ] }, { "date": "2026-07-10", "close": 25.38, "volume": 11598537, "typical_volume": 13543754.3, "trend": 29.355865, "fair_value": 37.06602, "relative_strength": -27.089437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.362752, "energy": 39.049662, "activity_lines": [ 26.132667, 26.183052, 27.132604, 28.184582 ] }, { "date": "2026-07-17", "close": 25.38, "volume": 14109482, "typical_volume": 13774804.4, "trend": 29.231262, "fair_value": 36.89632, "relative_strength": -23.085844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.34305, "energy": 37.863883, "activity_lines": [ 25.862, 26.009243, 26.880424, 27.928074 ] }, { "date": "2026-07-24", "close": 25.82, "volume": 12560420, "typical_volume": 13971983.15, "trend": 29.092931, "fair_value": 36.744366, "relative_strength": -19.931937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.745417, "energy": 36.09821, "activity_lines": [ 25.792667, 25.973455, 26.703661, 27.707993 ] }, { "date": "2026-07-31", "close": 22.45, "volume": 22948116, "typical_volume": 14457111.05, "trend": 28.861196, "fair_value": 36.571801, "relative_strength": -30.224042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.62228, "energy": 60.598569, "activity_lines": [ 24.598667, 25.298, 26.229717, 27.279417 ] }, { "date": "2026-08-07", "close": 24.86, "volume": 20726777, "typical_volume": 14278538.4, "trend": 28.59981, "fair_value": 36.418299, "relative_strength": -26.021386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.881844, "energy": 48.320456, "activity_lines": [ 24.513333, 25.146182, 26.016564, 27.021275 ] } ], "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." } } }