{ "ticker": { "uuid": "a48f382e-c110-468c-9c9b-b2fb91dd0dd3", "symbol": "ALT1", "name": "Altimmune, Inc.", "exchange": "MEX", "country": "MX", "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": "^MXX", "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": -67.962, "architecture_energy": 60.412, "architecture_maturity": 81.713, "architecture_confidence": 96, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 29.97, "rotation_up": 28.89, "upward_expansion": 9.9, "deceleration": 57.02, "rotation_down": 54.18, "downward_expansion": 83.24 }, "activity_lines": [ 49.038667, 49.60291, 49.986619, 53.992452 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 48.5, "trend_reference": 62.573666, "distance_from_trend": -0.224914, "trend_direction": "Weakening", "fair_value": 107.299102, "distance_from_fair_value": -0.547992, "fair_value_direction": "Weakening", "relative_strength": -31.9743, "relative_strength_direction": "Improving", "price_momentum": -0.478495, "excess_performance": -0.423828, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.224914, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.179523, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.547992, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.035662, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.319743, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.105416, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.478495, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.110726, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.110726, "dry_up": 1.421543, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.056257, "annualized_volatility": 0.618831, "from_high_reference": -0.52451, "from_low_reference": 0.075627 }, "levels": { "trend_reference": 62.573666, "fair_value_reference": 107.299102, "structural_low": 45.09, "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": -0.008256, "positive_rate": 0.384615, "directional_follow_through": 0.538462, "median_excess_return": -0.035297, "regime_survival": 0.846154, "best_return": 1.453223, "worst_return": -0.277008, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.008477, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.040433, "regime_survival": 0.6, "best_return": 3.318182, "worst_return": -0.472441, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.26156, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.363798, "regime_survival": 0.6, "best_return": 0.74359, "worst_return": -0.600296, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.326389, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.502784, "regime_survival": 0.666667, "best_return": -0.30308, "worst_return": -0.4375, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-12", "end": "2024-02-16", "tenure": "Developing", "return": -0.179487, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-23", "end": "2024-03-08", "tenure": "New", "return": 0.33125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-04-19", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-04-26", "end": "2024-06-21", "tenure": "Developing", "return": 0.036437, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2024-10-18", "tenure": "Established", "return": -0.0625, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": 0.551852, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-03", "tenure": "Developing", "return": -0.12605, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": -0.142182, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-11-14", "tenure": "Extended", "return": -0.380315, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": 0.213253, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": -0.076465, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-04-10", "tenure": "Developing", "return": -0.263875, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": -0.176431, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 46.0, "volume": 620, "typical_volume": 3726.6, "trend": 120.398335, "fair_value": 203.114546, "relative_strength": -74.454509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.82433, "energy": 76.720891, "activity_lines": [ 51.0, 54.538182, 65.361904, 82.385764 ] }, { "date": "2023-08-25", "close": 44.0, "volume": 600, "typical_volume": 2111.6, "trend": 111.765001, "fair_value": 201.918196, "relative_strength": -74.564647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.457878, "energy": 80.120542, "activity_lines": [ 48.333333, 51.907636, 62.429285, 77.456839 ] }, { "date": "2023-09-01", "close": 44.0, "volume": 0, "typical_volume": 2111.6, "trend": 103.989668, "fair_value": 200.739702, "relative_strength": -73.18453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.208628, "energy": 96.922944, "activity_lines": [ 46.3, 49.753455, 59.658904, 73.084903 ] }, { "date": "2023-09-08", "close": 44.0, "volume": 0, "typical_volume": 1983.85, "trend": 96.214334, "fair_value": 199.578667, "relative_strength": -71.437172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.951759, "energy": 92.983037, "activity_lines": [ 44.9, 48.075636, 57.050762, 69.214602 ] }, { "date": "2023-09-15", "close": 44.0, "volume": 0, "typical_volume": 1982.8, "trend": 88.439, "fair_value": 198.434706, "relative_strength": -69.175934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.530814, "energy": 90.035464, "activity_lines": [ 44.133333, 46.874182, 54.742571, 65.845935 ] }, { "date": "2023-09-22", "close": 44.0, "volume": 5, "typical_volume": 1983.05, "trend": 82.839, "fair_value": 197.307445, "relative_strength": -68.400703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.665475, "energy": 69.030441, "activity_lines": [ 44.0, 45.909091, 52.734619, 62.978903 ] }, { "date": "2023-09-29", "close": 44.0, "volume": 0, "typical_volume": 1983.05, "trend": 77.239, "fair_value": 196.196522, "relative_strength": -66.833969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.325854, "energy": 68.548535, "activity_lines": [ 44.0, 45.181818, 51.026905, 60.473161 ] }, { "date": "2023-10-06", "close": 46.0, "volume": 32, "typical_volume": 1984.65, "trend": 72.105667, "fair_value": 195.115971, "relative_strength": -63.404825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.999053, "energy": 68.097695, "activity_lines": [ 44.666667, 44.990909, 49.809905, 58.457742 ] }, { "date": "2023-10-13", "close": 48.5, "volume": 8, "typical_volume": 905.05, "trend": 67.055667, "fair_value": 194.068714, "relative_strength": -60.197695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.616678, "energy": 64.361762, "activity_lines": [ 46.033333, 45.390909, 49.121714, 56.934796 ] }, { "date": "2023-10-20", "close": 48.5, "volume": 0, "typical_volume": 817.0, "trend": 66.050333, "fair_value": 193.036312, "relative_strength": -58.275681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.143133, "energy": 78.348733, "activity_lines": [ 47.1, 45.881818, 48.580857, 55.737656 ] }, { "date": "2023-10-27", "close": 48.5, "volume": 0, "typical_volume": 817.0, "trend": 65.045, "fair_value": 192.018451, "relative_strength": -57.873761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.359663, "energy": 57.126915, "activity_lines": [ 47.866667, 46.463636, 48.143333, 54.605376 ] }, { "date": "2023-11-03", "close": 48.099998, "volume": 6887, "typical_volume": 1161.35, "trend": 64.046, "fair_value": 191.012028, "relative_strength": -59.136103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.820205, "energy": 46.11445, "activity_lines": [ 48.199999, 46.927272, 47.771047, 53.51215 ] }, { "date": "2023-11-10", "close": 48.099998, "volume": 0, "typical_volume": 1161.35, "trend": 63.047, "fair_value": 190.019583, "relative_strength": -58.154321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.785586, "energy": 48.715249, "activity_lines": [ 48.259999, 47.316363, 47.504, 52.483376 ] }, { "date": "2023-11-17", "close": 48.099998, "volume": 0, "typical_volume": 1161.35, "trend": 61.084, "fair_value": 189.040828, "relative_strength": -58.487414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.947089, "energy": 57.865322, "activity_lines": [ 48.179998, 47.630908, 47.34219, 51.519053 ] }, { "date": "2023-11-24", "close": 48.099998, "volume": 0, "typical_volume": 1106.35, "trend": 59.119, "fair_value": 188.07548, "relative_strength": -57.858379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.837191, "energy": 79.995011, "activity_lines": [ 48.126665, 47.870908, 47.285618, 50.681376 ] }, { "date": "2023-12-01", "close": 48.099998, "volume": 0, "typical_volume": 590.5, "trend": 57.154, "fair_value": 187.123265, "relative_strength": -57.65358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.294058, "energy": 79.648404, "activity_lines": [ 48.099998, 48.036362, 47.271428, 49.970472 ] }, { "date": "2023-12-08", "close": 118.0, "volume": 22496, "typical_volume": 1532.4, "trend": 57.518999, "fair_value": 186.656216, "relative_strength": 4.192629, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 65.738701, "energy": 67.227967, "activity_lines": [ 71.399999, 60.836362, 53.957142, 53.896021 ] }, { "date": "2023-12-15", "close": 122.400002, "volume": 614, "typical_volume": 1563.1, "trend": 58.030666, "fair_value": 186.224967, "relative_strength": 4.244229, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 94.61202, "energy": 78.095011, "activity_lines": [ 91.506667, 73.090908, 60.754761, 58.081892 ] }, { "date": "2023-12-22", "close": 155.0, "volume": 6263, "typical_volume": 1876.25, "trend": 60.549333, "fair_value": 186.0168, "relative_strength": 32.538692, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 95.910159, "energy": 78.565435, "activity_lines": [ 117.526667, 89.883636, 70.329047, 64.337978 ] }, { "date": "2023-12-29", "close": 190.0, "volume": 2213, "typical_volume": 1986.9, "trend": 64.542666, "fair_value": 186.043179, "relative_strength": 62.740864, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 97.132733, "energy": 78.995829, "activity_lines": [ 148.086667, 111.103636, 82.753333, 72.689634 ] }, { "date": "2024-01-05", "close": 190.0, "volume": 0, "typical_volume": 1955.9, "trend": 68.535999, "fair_value": 186.069211, "relative_strength": 66.219095, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.43749, "energy": 98.402842, "activity_lines": [ 169.186667, 129.750909, 94.527619, 80.783656 ] }, { "date": "2024-01-12", "close": 195.0, "volume": 7541, "typical_volume": 2302.95, "trend": 72.696, "fair_value": 186.127582, "relative_strength": 75.964553, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.41967, "energy": 96.293666, "activity_lines": [ 182.493333, 146.734545, 106.092381, 88.942623 ] }, { "date": "2024-01-19", "close": 203.0, "volume": 24, "typical_volume": 2304.15, "trend": 77.122666, "fair_value": 186.237143, "relative_strength": 87.229131, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.45451, "energy": 94.73581, "activity_lines": [ 193.333333, 162.501818, 117.7, 97.349333 ] }, { "date": "2024-01-26", "close": 160.0, "volume": 3140, "typical_volume": 2461.15, "trend": 80.116, "fair_value": 186.067871, "relative_strength": 47.878849, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.598935, "energy": 68.872676, "activity_lines": [ 184.466667, 167.634545, 124.455238, 102.696258 ] }, { "date": "2024-02-02", "close": 162.0, "volume": 1000, "typical_volume": 2511.15, "trend": 83.616, "fair_value": 185.91359, "relative_strength": 49.754831, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.881297, "energy": 67.482546, "activity_lines": [ 175.933333, 171.096364, 130.848571, 107.979096 ] }, { "date": "2024-02-09", "close": 171.199997, "volume": 5192, "typical_volume": 2770.5, "trend": 87.42, "fair_value": 184.12641, "relative_strength": 64.656219, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.170341, "energy": 60.553538, "activity_lines": [ 172.333332, 174.16, 137.55619, 113.629677 ] }, { "date": "2024-02-16", "close": 160.0, "volume": 1921, "typical_volume": 2866.55, "trend": 90.97, "fair_value": 182.132821, "relative_strength": 58.363308, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.462318, "energy": 47.326695, "activity_lines": [ 166.253333, 172.94909, 142.591428, 118.312258 ] }, { "date": "2024-02-23", "close": 160.0, "volume": 0, "typical_volume": 2864.95, "trend": 94.52, "fair_value": 181.042692, "relative_strength": 61.794648, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.054517, "energy": 44.823212, "activity_lines": [ 162.506666, 170.974545, 147.074285, 122.765806 ] }, { "date": "2024-03-01", "close": 213.0, "volume": 3851, "typical_volume": 3057.1, "trend": 99.836666, "fair_value": 180.715769, "relative_strength": 119.933915, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.628579, "energy": 58.98055, "activity_lines": [ 179.293333, 177.952727, 156.061904, 130.409677 ] }, { "date": "2024-03-08", "close": 213.0, "volume": 0, "typical_volume": 3057.1, "trend": 105.153333, "fair_value": 179.863205, "relative_strength": 122.119393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 82.56478, "energy": 69.758216, "activity_lines": [ 192.546666, 183.876363, 164.26619, 137.710537 ] }, { "date": "2024-03-15", "close": 213.0, "volume": 0, "typical_volume": 3057.1, "trend": 110.72, "fair_value": 178.946539, "relative_strength": 117.166003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.019476, "energy": 76.868999, "activity_lines": [ 202.4, 189.381818, 171.687143, 144.668387 ] }, { "date": "2024-03-22", "close": 213.0, "volume": 0, "typical_volume": 2712.75, "trend": 116.353333, "fair_value": 178.324744, "relative_strength": 110.429313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.778501, "energy": 88.785432, "activity_lines": [ 209.466667, 194.469091, 178.324762, 151.267096 ] }, { "date": "2024-03-29", "close": 213.0, "volume": 0, "typical_volume": 2712.75, "trend": 121.986666, "fair_value": 177.927308, "relative_strength": 102.733497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.99615, "energy": 87.864538, "activity_lines": [ 213.0, 199.229091, 184.177143, 157.502365 ] }, { "date": "2024-04-05", "close": 213.0, "volume": 0, "typical_volume": 2712.75, "trend": 127.62, "fair_value": 177.523462, "relative_strength": 95.673518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.636649, "energy": 84.503311, "activity_lines": [ 213.0, 203.807273, 189.244286, 163.374193 ] }, { "date": "2024-04-12", "close": 213.0, "volume": 0, "typical_volume": 2712.75, "trend": 133.253333, "fair_value": 177.318333, "relative_strength": 96.257071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.104028, "energy": 80.225937, "activity_lines": [ 213.0, 207.421818, 193.52619, 168.88258 ] }, { "date": "2024-04-19", "close": 213.0, "volume": 0, "typical_volume": 2712.75, "trend": 138.886666, "fair_value": 177.081154, "relative_strength": 95.132271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.232495, "energy": 64.446394, "activity_lines": [ 213.0, 210.109091, 197.022857, 174.027527 ] }, { "date": "2024-04-26", "close": 123.5, "volume": 4858, "typical_volume": 1830.85, "trend": 141.536666, "fair_value": 176.039487, "relative_strength": 9.076661, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 2.419363, "energy": 18.087463, "activity_lines": [ 183.166667, 195.763636, 191.210476, 173.034838 ] }, { "date": "2024-05-03", "close": 126.599998, "volume": 1575, "typical_volume": 1878.9, "trend": 144.223333, "fair_value": 175.177949, "relative_strength": 12.885462, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -30.204416, "energy": 45.588043, "activity_lines": [ 160.333333, 182.645454, 185.667143, 172.071182 ] }, { "date": "2024-05-10", "close": 126.599998, "volume": 0, "typical_volume": 1565.75, "trend": 146.826666, "fair_value": 174.239487, "relative_strength": 11.477828, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.428326, "energy": 61.791719, "activity_lines": [ 143.259999, 170.134545, 180.103809, 170.934193 ] }, { "date": "2024-05-17", "close": 123.0, "volume": 300, "typical_volume": 1470.1, "trend": 149.309999, "fair_value": 173.277949, "relative_strength": 8.387485, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.075689, "energy": 67.18079, "activity_lines": [ 130.746666, 158.539999, 174.332857, 169.396989 ] }, { "date": "2024-05-24", "close": 123.0, "volume": 0, "typical_volume": 1470.1, "trend": 151.793333, "fair_value": 172.31641, "relative_strength": 11.81437, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.736482, "energy": 77.018179, "activity_lines": [ 124.233333, 148.581818, 168.880952, 167.69957 ] }, { "date": "2024-05-31", "close": 123.0, "volume": 0, "typical_volume": 1093.05, "trend": 154.29, "fair_value": 171.354872, "relative_strength": 11.306701, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.424091, "energy": 80.89256, "activity_lines": [ 123.72, 140.26, 163.748095, 165.841935 ] }, { "date": "2024-06-07", "close": 123.0, "volume": 20, "typical_volume": 1092.85, "trend": 156.786666, "fair_value": 170.393333, "relative_strength": 14.793237, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.791883, "energy": 80.288514, "activity_lines": [ 123.24, 133.574545, 158.958095, 163.823225 ] }, { "date": "2024-06-14", "close": 128.0, "volume": 61, "typical_volume": 938.9, "trend": 159.45, "fair_value": 169.098462, "relative_strength": 19.850834, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.500867, "energy": 79.158406, "activity_lines": [ 124.666667, 129.434545, 155.025238, 161.966021 ] }, { "date": "2024-06-21", "close": 128.0, "volume": 0, "typical_volume": 888.9, "trend": 162.113333, "fair_value": 167.80359, "relative_strength": 17.343376, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.719856, "energy": 86.860819, "activity_lines": [ 126.0, 126.84, 151.244762, 159.936989 ] }, { "date": "2024-06-28", "close": 128.0, "volume": 0, "typical_volume": 629.3, "trend": 164.776667, "fair_value": 167.450962, "relative_strength": 16.894542, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.676113, "energy": 61.735708, "activity_lines": [ 127.0, 125.790909, 147.62619, 157.736129 ] }, { "date": "2024-07-05", "close": 128.0, "volume": 0, "typical_volume": 533.25, "trend": 165.11, "fair_value": 167.117628, "relative_strength": 15.654352, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.019916, "energy": 58.066462, "activity_lines": [ 127.666667, 126.287273, 144.213333, 155.363441 ] }, { "date": "2024-07-12", "close": 125.699997, "volume": 230, "typical_volume": 544.75, "trend": 165.22, "fair_value": 166.769551, "relative_strength": 6.968909, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.301157, "energy": 57.418591, "activity_lines": [ 127.233332, 126.283636, 140.733809, 152.82086 ] }, { "date": "2024-07-19", "close": 125.699997, "volume": 0, "typical_volume": 352.2, "trend": 164.243333, "fair_value": 166.373397, "relative_strength": 8.199644, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.160141, "energy": 57.093182, "activity_lines": [ 126.619998, 126.296363, 137.417618, 150.271182 ] }, { "date": "2024-07-26", "close": 113.089996, "volume": 27, "typical_volume": 353.55, "trend": 161.679666, "fair_value": 165.89641, "relative_strength": -2.087369, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.95468, "energy": 98.581174, "activity_lines": [ 121.956664, 124.032726, 133.316189, 146.970967 ] }, { "date": "2024-08-02", "close": 113.089996, "volume": 0, "typical_volume": 353.55, "trend": 159.115999, "fair_value": 165.339295, "relative_strength": -2.017063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.838588, "energy": 98.893452, "activity_lines": [ 118.28733, 121.949271, 129.690522, 143.836149 ] }, { "date": "2024-08-09", "close": 113.089996, "volume": 0, "typical_volume": 353.55, "trend": 156.385666, "fair_value": 164.512564, "relative_strength": -4.448774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.318641, "energy": 97.661512, "activity_lines": [ 115.611996, 120.045997, 126.540617, 140.86673 ] }, { "date": "2024-08-16", "close": 113.089996, "volume": 0, "typical_volume": 353.55, "trend": 153.388666, "fair_value": 163.673013, "relative_strength": -7.252834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.839359, "energy": 93.993776, "activity_lines": [ 113.930663, 118.322906, 123.866474, 138.073461 ] }, { "date": "2024-08-23", "close": 121.0, "volume": 177, "typical_volume": 362.4, "trend": 152.088666, "fair_value": 162.653782, "relative_strength": -0.879004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.665466, "energy": 69.030425, "activity_lines": [ 115.726664, 118.218179, 122.421427, 135.98387 ] }, { "date": "2024-08-30", "close": 121.0, "volume": 0, "typical_volume": 362.4, "trend": 150.721999, "fair_value": 161.634551, "relative_strength": -1.014186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.297535, "energy": 68.479904, "activity_lines": [ 117.835998, 118.240725, 121.414474, 133.978149 ] }, { "date": "2024-09-06", "close": 121.0, "volume": 0, "typical_volume": 362.4, "trend": 149.048666, "fair_value": 160.61532, "relative_strength": 1.241969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.363744, "energy": 63.40657, "activity_lines": [ 119.417999, 118.390544, 120.845617, 132.060601 ] }, { "date": "2024-09-13", "close": 121.0, "volume": 0, "typical_volume": 119.5, "trend": 147.748666, "fair_value": 159.275577, "relative_strength": -1.76122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.122601, "energy": 53.433434, "activity_lines": [ 120.472666, 118.667635, 120.714856, 130.25101 ] }, { "date": "2024-09-20", "close": 121.0, "volume": 0, "typical_volume": 40.75, "trend": 146.448666, "fair_value": 158.081987, "relative_strength": -3.240857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.417856, "energy": 49.68264, "activity_lines": [ 121.0, 119.071999, 120.595999, 128.525289 ] }, { "date": "2024-09-27", "close": 121.0, "volume": 0, "typical_volume": 40.75, "trend": 143.381999, "fair_value": 157.331987, "relative_strength": -5.402277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.51323, "energy": 50.523906, "activity_lines": [ 121.0, 119.561817, 120.503808, 126.88344 ] }, { "date": "2024-10-04", "close": 120.0, "volume": 580, "typical_volume": 54.75, "trend": 140.281999, "fair_value": 156.626859, "relative_strength": -6.884946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.923897, "energy": 52.594235, "activity_lines": [ 120.666667, 119.955272, 120.343046, 125.374924 ] }, { "date": "2024-10-11", "close": 120.0, "volume": 1765, "typical_volume": 143.0, "trend": 137.181999, "fair_value": 155.921731, "relative_strength": -7.454627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.940294, "energy": 54.26437, "activity_lines": [ 120.4, 120.223091, 120.19657, 124.066408 ] }, { "date": "2024-10-18", "close": 120.0, "volume": 0, "typical_volume": 143.0, "trend": 134.081999, "fair_value": 155.216602, "relative_strength": -9.442696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.658552, "energy": 53.245577, "activity_lines": [ 120.2, 120.365273, 120.06438, 122.957892 ] }, { "date": "2024-10-25", "close": 135.0, "volume": 1820, "typical_volume": 233.0, "trend": 131.481999, "fair_value": 154.607628, "relative_strength": 3.040623, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 30.830857, "energy": 45.423704, "activity_lines": [ 125.066667, 123.109091, 121.375047, 123.017117 ] }, { "date": "2024-11-01", "close": 135.0, "volume": 0, "typical_volume": 229.95, "trend": 128.881999, "fair_value": 154.069167, "relative_strength": 4.038767, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.479255, "energy": 80.177795, "activity_lines": [ 129.0, 125.454545, 122.628571, 123.244085 ] }, { "date": "2024-11-08", "close": 135.0, "volume": 0, "typical_volume": 229.95, "trend": 126.281999, "fair_value": 153.530705, "relative_strength": 0.331305, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 62.602596, "energy": 86.88179, "activity_lines": [ 132.0, 127.545455, 123.848761, 123.638795 ] }, { "date": "2024-11-15", "close": 209.5, "volume": 2581, "typical_volume": 359.0, "trend": 126.165332, "fair_value": 153.450577, "relative_strength": 56.19594, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.609621, "energy": 98.039485, "activity_lines": [ 158.833333, 142.927273, 132.130857, 129.007698 ] }, { "date": "2024-11-22", "close": 178.5, "volume": 750, "typical_volume": 396.5, "trend": 127.998666, "fair_value": 153.171731, "relative_strength": 30.69907, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.437764, "energy": 95.521859, "activity_lines": [ 169.366667, 151.063636, 137.072476, 132.384128 ] }, { "date": "2024-11-29", "close": 183.0, "volume": 671, "typical_volume": 418.55, "trend": 129.878666, "fair_value": 152.979423, "relative_strength": 33.027342, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.191514, "energy": 93.086475, "activity_lines": [ 177.5, 158.972727, 142.20219, 135.932602 ] }, { "date": "2024-12-06", "close": 191.0, "volume": 720, "typical_volume": 454.55, "trend": 132.025333, "fair_value": 152.90891, "relative_strength": 33.250631, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.300769, "energy": 74.139521, "activity_lines": [ 185.1, 167.209091, 147.820952, 139.875913 ] }, { "date": "2024-12-13", "close": 191.0, "volume": 0, "typical_volume": 453.2, "trend": 134.291999, "fair_value": 152.966602, "relative_strength": 31.14392, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.815801, "energy": 86.342413, "activity_lines": [ 188.966667, 174.172727, 153.128762, 143.680731 ] }, { "date": "2024-12-20", "close": 170.0, "volume": 1822, "typical_volume": 544.3, "trend": 135.858666, "fair_value": 152.844808, "relative_strength": 20.915222, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.02601, "energy": 67.584463, "activity_lines": [ 182.1, 176.027273, 156.065571, 145.984473 ] }, { "date": "2024-12-27", "close": 156.0, "volume": 3350, "typical_volume": 711.8, "trend": 136.958666, "fair_value": 152.630064, "relative_strength": 11.733632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.627461, "energy": 56.084666, "activity_lines": [ 173.2, 174.427273, 157.398048, 147.283914 ] }, { "date": "2025-01-03", "close": 156.0, "volume": 0, "typical_volume": 711.8, "trend": 138.058666, "fair_value": 152.41532, "relative_strength": 12.64335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.339888, "energy": 35.524376, "activity_lines": [ 165.8, 172.172727, 158.52619, 148.512387 ] }, { "date": "2025-01-10", "close": 148.050003, "volume": 112, "typical_volume": 708.55, "trend": 138.726999, "fair_value": 152.325897, "relative_strength": 5.900119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.618742, "energy": 36.702904, "activity_lines": [ 157.550001, 168.09091, 158.692857, 149.156989 ] }, { "date": "2025-01-17", "close": 139.5, "volume": 1201, "typical_volume": 768.6, "trend": 139.110333, "fair_value": 152.181667, "relative_strength": -0.313407, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.38616, "energy": 27.948779, "activity_lines": [ 149.313334, 162.217273, 157.916429, 149.20686 ] }, { "date": "2025-01-24", "close": 144.0, "volume": 2451, "typical_volume": 891.15, "trend": 139.643666, "fair_value": 152.066282, "relative_strength": 0.071315, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.495322, "energy": 27.201783, "activity_lines": [ 146.010001, 157.08, 157.480476, 149.522323 ] }, { "date": "2025-01-31", "close": 142.0, "volume": 1000, "typical_volume": 941.15, "trend": 140.110333, "fair_value": 151.963718, "relative_strength": -1.027475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.900387, "energy": 29.499255, "activity_lines": [ 143.773334, 152.77, 156.744524, 149.674344 ] }, { "date": "2025-02-07", "close": 142.0, "volume": 0, "typical_volume": 941.15, "trend": 140.653666, "fair_value": 151.861154, "relative_strength": -3.844446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.150145, "energy": 28.260566, "activity_lines": [ 142.47, 149.123637, 155.908572, 149.796258 ] }, { "date": "2025-02-14", "close": 127.0, "volume": 1350, "typical_volume": 1008.65, "trend": 140.697, "fair_value": 151.662436, "relative_strength": -15.743783, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -53.15368, "energy": 75.767087, "activity_lines": [ 137.1, 143.495455, 153.544048, 148.915376 ] }, { "date": "2025-02-21", "close": 127.0, "volume": 0, "typical_volume": 979.65, "trend": 141.160666, "fair_value": 151.463718, "relative_strength": -14.941672, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.825788, "energy": 82.251998, "activity_lines": [ 133.133333, 139.030909, 151.150953, 148.031699 ] }, { "date": "2025-02-28", "close": 127.0, "volume": 0, "typical_volume": 891.4, "trend": 141.624333, "fair_value": 151.282949, "relative_strength": -11.784903, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.013848, "energy": 79.975706, "activity_lines": [ 130.0, 135.73, 148.724524, 147.118108 ] }, { "date": "2025-03-07", "close": 127.0, "volume": 0, "typical_volume": 891.4, "trend": 142.088, "fair_value": 151.100897, "relative_strength": -11.733633, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.217878, "energy": 77.989252, "activity_lines": [ 128.0, 133.210909, 146.264762, 146.174602 ] }, { "date": "2025-03-14", "close": 127.0, "volume": 0, "typical_volume": 800.4, "trend": 142.551667, "fair_value": 150.918846, "relative_strength": -10.268883, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.21256, "energy": 78.440596, "activity_lines": [ 127.0, 131.219091, 143.771667, 145.201183 ] }, { "date": "2025-03-21", "close": 127.0, "volume": 0, "typical_volume": 800.4, "trend": 142.751667, "fair_value": 150.736795, "relative_strength": -9.71933, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.078809, "energy": 78.462366, "activity_lines": [ 127.0, 129.754545, 141.316667, 144.19785 ] }, { "date": "2025-03-28", "close": 127.0, "volume": 0, "typical_volume": 800.4, "trend": 142.951667, "fair_value": 150.554744, "relative_strength": -9.708139, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.853353, "energy": 78.292979, "activity_lines": [ 127.0, 128.672727, 138.899762, 143.181613 ] }, { "date": "2025-04-04", "close": 127.0, "volume": 0, "typical_volume": 671.35, "trend": 143.151667, "fair_value": 150.372692, "relative_strength": -5.869359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.348084, "energy": 86.851722, "activity_lines": [ 127.0, 127.818182, 136.520952, 142.152473 ] }, { "date": "2025-04-11", "close": 127.0, "volume": 0, "typical_volume": 633.85, "trend": 143.351667, "fair_value": 150.190641, "relative_strength": -5.048866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.110481, "energy": 86.624531, "activity_lines": [ 127.0, 127.272727, 134.535, 141.11043 ] }, { "date": "2025-04-18", "close": 127.0, "volume": 0, "typical_volume": 600.3, "trend": 143.551667, "fair_value": 150.00859, "relative_strength": -6.792149, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.429479, "energy": 84.953409, "activity_lines": [ 127.0, 127.0, 132.794286, 140.055484 ] }, { "date": "2025-04-25", "close": 127.0, "volume": 0, "typical_volume": 564.3, "trend": 143.751667, "fair_value": 149.826539, "relative_strength": -12.9424, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.461227, "energy": 85.030652, "activity_lines": [ 127.0, 127.0, 131.320238, 138.987635 ] }, { "date": "2025-05-02", "close": 127.0, "volume": 0, "typical_volume": 564.3, "trend": 143.985, "fair_value": 150.074616, "relative_strength": -11.565338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.451063, "energy": 85.005926, "activity_lines": [ 127.0, 127.0, 130.150952, 137.906882 ] }, { "date": "2025-05-09", "close": 127.0, "volume": 0, "typical_volume": 473.2, "trend": 144.218333, "fair_value": 150.356667, "relative_strength": -12.755408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.383066, "energy": 84.839572, "activity_lines": [ 127.0, 127.0, 129.286429, 136.811075 ] }, { "date": "2025-05-16", "close": 127.0, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 127.0, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 127.0, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 127.0, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 127.0, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 128.779999, "volume": 110, "typical_volume": 73.0, "trend": 139.244333, "fair_value": 150.271923, "relative_strength": -10.72526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.0, "energy": 80.399999, "activity_lines": [ 127.593333, 127.323636, 127.240952, 130.517742 ] }, { "date": "2025-06-27", "close": 67.0, "volume": 9642, "typical_volume": 555.1, "trend": 135.377667, "fair_value": 149.252693, "relative_strength": -54.02607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.099861, "energy": 97.278443, "activity_lines": [ 107.474666, 116.382182, 121.446762, 125.856817 ] }, { "date": "2025-07-04", "close": 91.82, "volume": 2632, "typical_volume": 619.2, "trend": 132.071667, "fair_value": 148.193846, "relative_strength": -37.222318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.567421, "energy": 94.673438, "activity_lines": [ 99.629333, 111.044363, 118.373524, 123.046645 ] }, { "date": "2025-07-11", "close": 88.019997, "volume": 1044, "typical_volume": 671.4, "trend": 128.639, "fair_value": 147.219616, "relative_strength": -38.002581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.699515, "energy": 92.779623, "activity_lines": [ 92.862666, 105.655272, 115.105904, 120.204602 ] }, { "date": "2025-07-18", "close": 88.019997, "volume": 0, "typical_volume": 671.4, "trend": 125.906333, "fair_value": 146.315898, "relative_strength": -37.275933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.355253, "energy": 69.237259, "activity_lines": [ 88.694665, 100.974908, 112.023904, 117.584021 ] }, { "date": "2025-07-25", "close": 75.0, "volume": 1359, "typical_volume": 739.35, "trend": 123.206333, "fair_value": 145.232564, "relative_strength": -47.19373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.824031, "energy": 77.804746, "activity_lines": [ 82.785332, 94.635999, 107.887523, 114.299742 ] }, { "date": "2025-08-01", "close": 72.0, "volume": 1978, "typical_volume": 838.25, "trend": 120.406333, "fair_value": 144.283846, "relative_strength": -48.570057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.206521, "energy": 84.233419, "activity_lines": [ 79.461332, 88.69709, 103.713047, 110.996107 ] }, { "date": "2025-08-08", "close": 67.0, "volume": 74, "typical_volume": 841.95, "trend": 117.704666, "fair_value": 143.046667, "relative_strength": -52.744717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.072593, "energy": 77.352895, "activity_lines": [ 74.137333, 82.84909, 99.324285, 107.550537 ] }, { "date": "2025-08-15", "close": 67.0, "volume": 0, "typical_volume": 841.95, "trend": 115.288, "fair_value": 141.296667, "relative_strength": -52.595746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.397765, "energy": 71.931681, "activity_lines": [ 70.468, 78.091999, 95.221238, 104.279268 ] }, { "date": "2025-08-22", "close": 67.0, "volume": 0, "typical_volume": 841.95, "trend": 112.721333, "fair_value": 139.38, "relative_strength": -52.897453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.67127, "energy": 69.653255, "activity_lines": [ 68.2, 74.425818, 91.403904, 101.163914 ] }, { "date": "2025-08-29", "close": 67.0, "volume": 0, "typical_volume": 841.95, "trend": 110.221333, "fair_value": 137.046667, "relative_strength": -52.043087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.235654, "energy": 68.380961, "activity_lines": [ 67.333333, 71.850545, 87.872285, 98.21415 ] }, { "date": "2025-09-05", "close": 67.0, "volume": 0, "typical_volume": 841.95, "trend": 107.721333, "fair_value": 134.815898, "relative_strength": -52.968085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.431482, "energy": 66.194915, "activity_lines": [ 67.0, 70.398545, 84.626381, 95.425677 ] }, { "date": "2025-09-12", "close": 67.0, "volume": 0, "typical_volume": 841.95, "trend": 105.721333, "fair_value": 132.585128, "relative_strength": -53.500527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.234503, "energy": 63.753737, "activity_lines": [ 67.0, 68.946545, 81.66619, 92.798494 ] }, { "date": "2025-09-19", "close": 65.900002, "volume": 641, "typical_volume": 874.0, "trend": 103.684667, "fair_value": 131.469103, "relative_strength": -53.338689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.258031, "energy": 62.484636, "activity_lines": [ 66.633334, 67.745818, 78.886952, 90.229376 ] }, { "date": "2025-09-26", "close": 72.0, "volume": 54, "typical_volume": 876.7, "trend": 101.851333, "fair_value": 130.39218, "relative_strength": -49.446088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.895147, "energy": 81.729378, "activity_lines": [ 68.373334, 68.056364, 76.979619, 88.185204 ] }, { "date": "2025-10-03", "close": 72.300003, "volume": 699, "typical_volume": 911.65, "trend": 100.028, "fair_value": 129.413334, "relative_strength": -48.488202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.111445, "energy": 83.13359, "activity_lines": [ 69.880001, 68.712728, 75.362762, 86.278667 ] }, { "date": "2025-10-10", "close": 72.0, "volume": 105, "typical_volume": 916.9, "trend": 98.194667, "fair_value": 128.631282, "relative_strength": -47.007357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.46804, "energy": 81.912187, "activity_lines": [ 70.933334, 69.363637, 73.97781, 84.470409 ] }, { "date": "2025-10-17", "close": 69.0, "volume": 500, "typical_volume": 941.9, "trend": 96.261333, "fair_value": 127.83, "relative_strength": -49.687755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.78111, "energy": 79.753193, "activity_lines": [ 70.653334, 69.469092, 72.569048, 82.586882 ] }, { "date": "2025-10-24", "close": 75.0, "volume": 3700, "typical_volume": 1126.9, "trend": 94.528, "fair_value": 127.06718, "relative_strength": -44.109588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.245576, "energy": 76.124246, "activity_lines": [ 72.24, 70.629091, 72.007905, 81.215183 ] }, { "date": "2025-10-31", "close": 75.0, "volume": 27, "typical_volume": 1128.25, "trend": 92.794667, "fair_value": 126.304359, "relative_strength": -44.843926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.405987, "energy": 52.290864, "activity_lines": [ 73.22, 71.643637, 71.694381, 79.955312 ] }, { "date": "2025-11-07", "close": 71.800003, "volume": 1886, "typical_volume": 1217.05, "trend": 90.954667, "fair_value": 125.525513, "relative_strength": -47.010995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.978282, "energy": 50.988571, "activity_lines": [ 72.933334, 71.93091, 71.323715, 78.600817 ] }, { "date": "2025-11-14", "close": 78.699997, "volume": 620, "typical_volume": 765.95, "trend": 89.344667, "fair_value": 124.985128, "relative_strength": -39.367399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.573591, "energy": 32.913643, "activity_lines": [ 74.98, 73.385455, 71.881524, 77.810194 ] }, { "date": "2025-11-21", "close": 83.0, "volume": 2025, "typical_volume": 735.6, "trend": 87.878, "fair_value": 124.472308, "relative_strength": -34.253506, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 30.546224, "energy": 49.278507, "activity_lines": [ 78.013333, 75.409091, 72.793143, 77.40086 ] }, { "date": "2025-11-28", "close": 83.0, "volume": 0, "typical_volume": 683.4, "trend": 86.411333, "fair_value": 123.878526, "relative_strength": -34.570305, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 32.979818, "energy": 54.201478, "activity_lines": [ 80.113333, 77.141818, 73.746762, 77.086151 ] }, { "date": "2025-12-05", "close": 83.0, "volume": 0, "typical_volume": 683.4, "trend": 84.944667, "fair_value": 123.284744, "relative_strength": -32.782913, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 25.683741, "energy": 53.404909, "activity_lines": [ 81.68, 78.563636, 74.724286, 76.866065 ] }, { "date": "2025-12-12", "close": 100.699997, "volume": 22576, "typical_volume": 1744.25, "trend": 84.068, "fair_value": 122.804423, "relative_strength": -18.402712, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 62.019908, "energy": 67.848686, "activity_lines": [ 88.613332, 83.003636, 77.411428, 77.882538 ] }, { "date": "2025-12-19", "close": 100.699997, "volume": 0, "typical_volume": 1645.35, "trend": 83.191333, "fair_value": 122.324103, "relative_strength": -15.879481, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 70.395955, "energy": 89.486442, "activity_lines": [ 93.619998, 86.927272, 79.97619, 78.95557 ] }, { "date": "2025-12-26", "close": 100.699997, "volume": 0, "typical_volume": 1641.65, "trend": 82.314666, "fair_value": 121.843782, "relative_strength": -16.621809, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 64.359405, "energy": 87.506973, "activity_lines": [ 97.159998, 90.329089, 82.404285, 80.085161 ] }, { "date": "2026-01-02", "close": 100.699997, "volume": 0, "typical_volume": 1641.65, "trend": 81.438, "fair_value": 121.363461, "relative_strength": -13.212236, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.71842, "energy": 83.094347, "activity_lines": [ 99.519997, 93.154544, 84.671904, 81.271311 ] }, { "date": "2026-01-09", "close": 100.699997, "volume": 0, "typical_volume": 1641.65, "trend": 80.561333, "fair_value": 120.066667, "relative_strength": -14.407054, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.651479, "energy": 88.997072, "activity_lines": [ 100.699997, 95.512725, 86.779046, 82.514021 ] }, { "date": "2026-01-16", "close": 100.699997, "volume": 0, "typical_volume": 1641.65, "trend": 79.625333, "fair_value": 118.769872, "relative_strength": -14.588958, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.294196, "energy": 88.450242, "activity_lines": [ 100.699997, 97.403634, 88.725713, 83.813289 ] }, { "date": "2026-01-23", "close": 100.699997, "volume": 0, "typical_volume": 1641.65, "trend": 80.748666, "fair_value": 117.473077, "relative_strength": -14.668788, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.947454, "energy": 87.191826, "activity_lines": [ 100.699997, 98.769088, 90.511903, 85.172945 ] }, { "date": "2026-01-30", "close": 100.699997, "volume": 0, "typical_volume": 1641.65, "trend": 81.044666, "fair_value": 116.341282, "relative_strength": -12.670826, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.500204, "energy": 67.228973, "activity_lines": [ 100.699997, 99.734543, 92.137617, 86.460128 ] }, { "date": "2026-02-06", "close": 93.0, "volume": 46, "typical_volume": 1611.9, "trend": 81.210666, "fair_value": 115.160128, "relative_strength": -21.792885, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.517251, "energy": 59.621915, "activity_lines": [ 98.133331, 98.978179, 92.869522, 87.23144 ] }, { "date": "2026-02-13", "close": 80.0, "volume": 16008, "typical_volume": 2409.6, "trend": 80.943333, "fair_value": 113.895641, "relative_strength": -32.403428, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 6.387138, "energy": 30.470205, "activity_lines": [ 91.746665, 95.676362, 92.234284, 87.153332 ] }, { "date": "2026-02-20", "close": 80.0, "volume": 0, "typical_volume": 2374.65, "trend": 81.109999, "fair_value": 113.049487, "relative_strength": -31.372323, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -13.707858, "energy": 44.529831, "activity_lines": [ 86.739999, 92.429089, 91.560951, 87.092472 ] }, { "date": "2026-02-27", "close": 78.0, "volume": 3600, "typical_volume": 2549.4, "trend": 81.309999, "fair_value": 112.190512, "relative_strength": -31.989372, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -33.69844, "energy": 56.612438, "activity_lines": [ 82.446666, 89.194544, 90.660475, 86.891827 ] }, { "date": "2026-03-06", "close": 78.0, "volume": 0, "typical_volume": 2524.4, "trend": 81.676666, "fair_value": 111.408461, "relative_strength": -26.763225, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.724881, "energy": 59.881462, "activity_lines": [ 79.666667, 86.372726, 89.731427, 86.678279 ] }, { "date": "2026-03-13", "close": 78.0, "volume": 0, "typical_volume": 2339.4, "trend": 82.043333, "fair_value": 110.62641, "relative_strength": -23.765013, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.977731, "energy": 78.28945, "activity_lines": [ 78.4, 83.963636, 88.759523, 86.441074 ] }, { "date": "2026-03-20", "close": 60.799999, "volume": 2268, "typical_volume": 2451.45, "trend": 81.836666, "fair_value": 110.511923, "relative_strength": -38.05466, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -63.832062, "energy": 87.292443, "activity_lines": [ 72.4, 78.839999, 86.135237, 85.070537 ] }, { "date": "2026-03-27", "close": 58.889999, "volume": 1000, "typical_volume": 2407.15, "trend": 81.566333, "fair_value": 110.385192, "relative_strength": -41.183153, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -71.989589, "energy": 90.173217, "activity_lines": [ 67.043333, 74.094545, 83.396665, 83.590106 ] }, { "date": "2026-04-03", "close": 58.889999, "volume": 0, "typical_volume": 2376.15, "trend": 81.295999, "fair_value": 110.262243, "relative_strength": -42.533478, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -66.468261, "energy": 88.255337, "activity_lines": [ 63.093999, 70.109272, 80.71957, 82.127117 ] }, { "date": "2026-04-10", "close": 58.889999, "volume": 0, "typical_volume": 2274.9, "trend": 81.025666, "fair_value": 110.139294, "relative_strength": -41.554892, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.941347, "energy": 89.675628, "activity_lines": [ 60.418666, 66.884181, 78.136808, 80.681569 ] }, { "date": "2026-04-17", "close": 58.889999, "volume": 0, "typical_volume": 2274.9, "trend": 80.791999, "fair_value": 109.830961, "relative_strength": -40.148208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.948957, "energy": 89.8034, "activity_lines": [ 59.017332, 64.419272, 75.668856, 79.253461 ] }, { "date": "2026-04-24", "close": 49.5, "volume": 8797, "typical_volume": 2714.75, "trend": 80.041999, "fair_value": 109.462051, "relative_strength": -48.181114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.631408, "energy": 89.768686, "activity_lines": [ 55.759999, 60.867272, 72.421428, 77.234623 ] }, { "date": "2026-05-01", "close": 45.509998, "volume": 11820, "typical_volume": 2176.95, "trend": 79.148999, "fair_value": 109.067564, "relative_strength": -50.282415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.112221, "energy": 78.179749, "activity_lines": [ 51.925999, 57.144363, 68.953523, 75.006752 ] }, { "date": "2026-05-08", "close": 53.02, "volume": 488, "typical_volume": 2201.35, "trend": 78.516332, "fair_value": 108.721217, "relative_strength": -42.51593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.579609, "energy": 68.8241, "activity_lines": [ 51.487333, 55.413999, 66.463666, 73.32101 ] }, { "date": "2026-05-15", "close": 50.009998, "volume": 208, "typical_volume": 2211.75, "trend": 77.883332, "fair_value": 108.355576, "relative_strength": -43.074646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.686344, "energy": 70.043049, "activity_lines": [ 50.436666, 53.590544, 63.91419, 71.481891 ] }, { "date": "2026-05-22", "close": 48.75, "volume": 3426, "typical_volume": 2383.05, "trend": 77.008332, "fair_value": 108.158846, "relative_strength": -43.572148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.047748, "energy": 79.833345, "activity_lines": [ 49.557999, 52.046908, 61.486094, 69.602322 ] }, { "date": "2026-05-29", "close": 52.700001, "volume": 1727, "typical_volume": 2469.4, "trend": 76.264999, "fair_value": 108.046666, "relative_strength": -37.877505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.75668, "energy": 67.17272, "activity_lines": [ 50.672, 51.753272, 59.681571, 68.034042 ] }, { "date": "2026-06-05", "close": 48.0, "volume": 711, "typical_volume": 2504.95, "trend": 75.471666, "fair_value": 107.904358, "relative_strength": -39.960614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.746528, "energy": 70.381656, "activity_lines": [ 50.006, 50.752363, 57.657999, 66.210494 ] }, { "date": "2026-06-12", "close": 45.09, "volume": 32, "typical_volume": 2506.55, "trend": 74.351332, "fair_value": 107.743397, "relative_strength": -43.719685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.03178, "energy": 71.532914, "activity_lines": [ 48.204, 49.420363, 55.608238, 64.250386 ] }, { "date": "2026-06-19", "close": 47.150002, "volume": 0, "typical_volume": 2506.55, "trend": 73.156332, "fair_value": 107.595641, "relative_strength": -39.356651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.678925, "energy": 68.980736, "activity_lines": [ 47.617334, 48.713818, 54.019476, 62.495462 ] }, { "date": "2026-06-26", "close": 47.150002, "volume": 0, "typical_volume": 2504.25, "trend": 71.961332, "fair_value": 107.447884, "relative_strength": -38.4438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.881683, "energy": 68.395245, "activity_lines": [ 47.221335, 48.220728, 52.685714, 60.817634 ] }, { "date": "2026-07-03", "close": 55.880001, "volume": 0, "typical_volume": 1703.85, "trend": 71.057332, "fair_value": 107.440705, "relative_strength": -25.928193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.522533, "energy": 59.220392, "activity_lines": [ 49.842001, 49.528364, 52.401714, 59.780129 ] }, { "date": "2026-07-10", "close": 53.400002, "volume": 10, "typical_volume": 1704.35, "trend": 69.480666, "fair_value": 107.417115, "relative_strength": -27.684846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.587096, "energy": 46.004737, "activity_lines": [ 51.424002, 50.269092, 51.996381, 58.640946 ] }, { "date": "2026-07-17", "close": 50.09, "volume": 5, "typical_volume": 1524.6, "trend": 67.793666, "fair_value": 107.395256, "relative_strength": -31.341954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.52017, "energy": 35.640342, "activity_lines": [ 51.542668, 50.264546, 51.402477, 57.389935 ] }, { "date": "2026-07-24", "close": 48.5, "volume": 11205, "typical_volume": 2084.85, "trend": 66.053666, "fair_value": 107.363205, "relative_strength": -32.585899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.03535, "energy": 37.219463, "activity_lines": [ 50.798001, 50.024183, 50.790048, 56.145183 ] }, { "date": "2026-07-31", "close": 48.5, "volume": 0, "typical_volume": 2084.85, "trend": 64.313666, "fair_value": 107.331153, "relative_strength": -32.495777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.734658, "energy": 48.801296, "activity_lines": [ 49.963334, 49.811273, 50.318096, 55.012688 ] }, { "date": "2026-08-07", "close": 48.5, "volume": 0, "typical_volume": 1971.45, "trend": 62.573666, "fair_value": 107.299102, "relative_strength": -31.9743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.961557, "energy": 60.411994, "activity_lines": [ 49.038667, 49.60291, 49.986619, 53.992452 ] } ], "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." } } }