{ "ticker": { "uuid": "aa8116ec-e452-4ae2-a6c3-f077243d4935", "symbol": "WPC", "name": "W P Carey Inc", "exchange": "NYSE", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 71.24, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 37.455, "architecture_energy": 32.337, "architecture_maturity": 32.085, "architecture_confidence": 63.661, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 42.11, "rotation_up": 48.05, "upward_expansion": 73.16, "deceleration": 58.62, "rotation_down": 23.01, "downward_expansion": 11.49 }, "activity_lines": [ 73.793333, 73.437207, 73.190536, 72.634773 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 71.81, "trend_reference": 71.886312, "distance_from_trend": -0.001062, "trend_direction": "Improving", "fair_value": 58.610128, "distance_from_fair_value": 0.225215, "fair_value_direction": "Weakening", "relative_strength": -7.012298, "relative_strength_direction": "Weakening", "price_momentum": 0.022226, "excess_performance": -0.103399, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.001062, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.042571, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.225215, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.054792, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.070123, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.061913, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.022226, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.199076, "read": "Demand-led" } ], "volume": { "latest": 6374992, "relative_activity": 0.927962, "balance": 1.199076, "dry_up": 0.971494, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.042851, "annualized_volatility": 0.233029, "from_high_reference": -0.070003, "from_low_reference": 0.15868 }, "levels": { "trend_reference": 71.886312, "fair_value_reference": 58.610128, "structural_low": 65.987, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.005901, "positive_rate": 0.533333, "directional_follow_through": 0.533333, "median_excess_return": -0.005055, "regime_survival": 0.7, "best_return": 0.079154, "worst_return": -0.153203, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.008652, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": -0.036676, "regime_survival": 0.461538, "best_return": 0.100271, "worst_return": -0.16977, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.050468, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.002964, "regime_survival": 0.5, "best_return": 0.127896, "worst_return": -0.215531, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.019004, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.126366, "regime_survival": 0.5, "best_return": 0.206512, "worst_return": -0.121781, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": -0.000701, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.024866, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.007475, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-21", "tenure": "New", "return": 0.102486, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": 0.008721, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.042704, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.067911, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-10-31", "tenure": "Established", "return": 0.096895, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-26", "tenure": "Developing", "return": -0.037851, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.025285, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": -0.012667, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.031541, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.109191, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": -0.017916, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 52.130429, "volume": 5255869, "typical_volume": 5050089.35, "trend": 59.019755, "fair_value": 57.071622, "relative_strength": -20.241298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.559764, "energy": 63.078248, "activity_lines": [ 54.076044, 54.872923, 55.536454, 56.782831 ] }, { "date": "2023-08-25", "close": 52.47291, "volume": 4210281, "typical_volume": 4972588.9, "trend": 58.51099, "fair_value": 57.091646, "relative_strength": -19.875724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.813997, "energy": 73.071379, "activity_lines": [ 53.224736, 54.385423, 55.172176, 56.360454 ] }, { "date": "2023-09-01", "close": 53.247568, "volume": 5478511, "typical_volume": 4952150.0, "trend": 58.074762, "fair_value": 57.124002, "relative_strength": -20.211196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.147417, "energy": 70.211209, "activity_lines": [ 53.04969, 54.11133, 54.914096, 56.020878 ] }, { "date": "2023-09-08", "close": 52.040732, "volume": 3968343, "typical_volume": 4895189.8, "trend": 57.572706, "fair_value": 57.15687, "relative_strength": -20.520894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.390567, "energy": 70.938997, "activity_lines": [ 52.626211, 53.61718, 54.560102, 55.631586 ] }, { "date": "2023-09-15", "close": 52.252743, "volume": 5013382, "typical_volume": 4873662.65, "trend": 57.099358, "fair_value": 57.199257, "relative_strength": -19.532757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.715902, "energy": 53.649463, "activity_lines": [ 52.416373, 53.217026, 54.257912, 55.288363 ] }, { "date": "2023-09-22", "close": 47.033993, "volume": 12166697, "typical_volume": 5264957.55, "trend": 56.501934, "fair_value": 57.213792, "relative_strength": -24.823664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.98617, "energy": 73.577759, "activity_lines": [ 50.618079, 51.920938, 53.493506, 54.638984 ] }, { "date": "2023-09-29", "close": 44.962188, "volume": 16621774, "typical_volume": 5946918.0, "trend": 55.826476, "fair_value": 57.199646, "relative_strength": -27.159956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.842626, "energy": 91.256599, "activity_lines": [ 48.468945, 50.419842, 52.587774, 53.894485 ] }, { "date": "2023-10-06", "close": 43.673515, "volume": 10905008, "typical_volume": 6206916.0, "trend": 55.215478, "fair_value": 57.174864, "relative_strength": -29.073717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.431924, "energy": 94.663387, "activity_lines": [ 46.390968, 48.935013, 51.61882, 53.110423 ] }, { "date": "2023-10-13", "close": 45.0287, "volume": 8062190, "typical_volume": 6387012.95, "trend": 54.667073, "fair_value": 57.165223, "relative_strength": -26.737614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.001038, "energy": 89.844845, "activity_lines": [ 45.40299, 47.912613, 50.833684, 52.453211 ] }, { "date": "2023-10-20", "close": 43.914622, "volume": 8276629, "typical_volume": 6549218.8, "trend": 54.091825, "fair_value": 57.147409, "relative_strength": -26.344258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.070993, "energy": 90.309957, "activity_lines": [ 44.511122, 46.854137, 49.988335, 51.759505 ] }, { "date": "2023-10-27", "close": 44.164042, "volume": 6495476, "typical_volume": 6693006.15, "trend": 53.491587, "fair_value": 57.149927, "relative_strength": -23.538743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.375919, "energy": 87.614327, "activity_lines": [ 44.258268, 46.033828, 49.227531, 51.119002 ] }, { "date": "2023-11-03", "close": 47.708876, "volume": 7064939, "typical_volume": 6763273.65, "trend": 53.105838, "fair_value": 57.164681, "relative_strength": -21.389294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.688773, "energy": 61.09826, "activity_lines": [ 45.378355, 46.002878, 48.864887, 50.745924 ] }, { "date": "2023-11-10", "close": 46.894525, "volume": 5605152, "typical_volume": 6792857.05, "trend": 52.760908, "fair_value": 57.151942, "relative_strength": -23.243692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.523677, "energy": 48.166513, "activity_lines": [ 46.04388, 45.910483, 48.466377, 50.345194 ] }, { "date": "2023-11-17", "close": 48.982384, "volume": 6011547, "typical_volume": 6707065.1, "trend": 52.437678, "fair_value": 57.156351, "relative_strength": -21.077636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.157511, "energy": 31.17385, "activity_lines": [ 47.190624, 46.313208, 48.296796, 50.101419 ] }, { "date": "2023-11-24", "close": 50.966283, "volume": 4571016, "typical_volume": 6748182.75, "trend": 52.151144, "fair_value": 57.169848, "relative_strength": -18.161747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.887406, "energy": 26.775599, "activity_lines": [ 48.735088, 47.132249, 48.345245, 50.00649 ] }, { "date": "2023-12-01", "close": 54.908091, "volume": 50838240, "typical_volume": 8983899.1, "trend": 52.021691, "fair_value": 57.207403, "relative_strength": -12.065423, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.015977, "energy": 26.556866, "activity_lines": [ 51.123378, 48.691372, 48.789092, 50.184358 ] }, { "date": "2023-12-08", "close": 54.1977, "volume": 11003115, "typical_volume": 9317119.5, "trend": 51.912976, "fair_value": 57.246498, "relative_strength": -12.901469, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.10339, "energy": 42.087581, "activity_lines": [ 52.5586, 49.978168, 49.172752, 50.324745 ] }, { "date": "2023-12-15", "close": 56.103629, "volume": 13397544, "typical_volume": 9703497.0, "trend": 51.94405, "fair_value": 57.294899, "relative_strength": -11.378217, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.169131, "energy": 47.96937, "activity_lines": [ 54.196545, 51.443578, 49.759576, 50.59511 ] }, { "date": "2023-12-22", "close": 56.224915, "volume": 5226601, "typical_volume": 9694834.0, "trend": 51.996025, "fair_value": 57.339819, "relative_strength": -11.409593, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.415214, "energy": 69.380656, "activity_lines": [ 55.260977, 52.705038, 50.35534, 50.871295 ] }, { "date": "2023-12-29", "close": 56.882122, "volume": 4198612, "typical_volume": 9718546.3, "trend": 52.002745, "fair_value": 57.383399, "relative_strength": -10.111681, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.269853, "energy": 72.154842, "activity_lines": [ 56.061643, 53.882423, 51.003983, 51.186527 ] }, { "date": "2024-01-05", "close": 56.917229, "volume": 5073638, "typical_volume": 9709434.75, "trend": 52.003946, "fair_value": 57.444852, "relative_strength": -8.033378, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.983712, "energy": 72.463052, "activity_lines": [ 56.479622, 54.830418, 51.644719, 51.50359 ] }, { "date": "2024-01-12", "close": 59.12897, "volume": 5901369, "typical_volume": 9793989.15, "trend": 52.092786, "fair_value": 57.518028, "relative_strength": -5.616064, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.563411, "energy": 76.63061, "activity_lines": [ 57.500906, 55.948671, 52.473303, 51.963269 ] }, { "date": "2024-01-19", "close": 57.628145, "volume": 4893962, "typical_volume": 9764761.7, "trend": 52.239967, "fair_value": 57.581446, "relative_strength": -8.423941, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.195881, "energy": 71.904367, "activity_lines": [ 57.693163, 56.58641, 53.127256, 52.320389 ] }, { "date": "2024-01-26", "close": 55.153102, "volume": 7522124, "typical_volume": 9942450.75, "trend": 52.242055, "fair_value": 57.632956, "relative_strength": -12.525522, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.338108, "energy": 52.052578, "activity_lines": [ 56.958772, 56.578983, 53.52463, 52.508333 ] }, { "date": "2024-02-02", "close": 54.073561, "volume": 7501740, "typical_volume": 10066868.65, "trend": 52.205713, "fair_value": 57.670905, "relative_strength": -14.758036, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.916253, "energy": 40.747123, "activity_lines": [ 55.935988, 56.263082, 53.804371, 52.626495 ] }, { "date": "2024-02-09", "close": 50.360996, "volume": 8985273, "typical_volume": 9907797.45, "trend": 52.001857, "fair_value": 57.673546, "relative_strength": -20.907495, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.728417, "energy": 21.022673, "activity_lines": [ 53.862919, 55.215673, 53.721863, 52.507481 ] }, { "date": "2024-02-16", "close": 50.378549, "volume": 8570069, "typical_volume": 9505212.2, "trend": 51.723023, "fair_value": 57.685671, "relative_strength": -19.825647, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.203218, "energy": 24.625713, "activity_lines": [ 52.232784, 54.254129, 53.625184, 52.402751 ] }, { "date": "2024-02-23", "close": 49.132251, "volume": 4523711, "typical_volume": 9186147.35, "trend": 51.508924, "fair_value": 57.688852, "relative_strength": -22.265575, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.254954, "energy": 40.816856, "activity_lines": [ 50.770578, 53.135426, 53.384017, 52.235605 ] }, { "date": "2024-03-01", "close": 49.465767, "volume": 8811359, "typical_volume": 9223605.8, "trend": 51.351606, "fair_value": 57.697991, "relative_strength": -21.685401, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.255578, "energy": 43.866632, "activity_lines": [ 49.985936, 52.204113, 53.14862, 52.103788 ] }, { "date": "2024-03-08", "close": 50.527754, "volume": 7060875, "typical_volume": 9162818.1, "trend": 51.218543, "fair_value": 57.706842, "relative_strength": -19.013195, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.218454, "energy": 51.554759, "activity_lines": [ 49.934446, 51.588783, 52.993236, 52.050637 ] }, { "date": "2024-03-15", "close": 49.141027, "volume": 9064700, "typical_volume": 9291279.3, "trend": 51.118896, "fair_value": 57.709897, "relative_strength": -20.394889, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.083829, "energy": 57.329368, "activity_lines": [ 49.6571, 50.836855, 52.674292, 51.916603 ] }, { "date": "2024-03-22", "close": 49.114697, "volume": 6275906, "typical_volume": 9251827.65, "trend": 51.006956, "fair_value": 57.700137, "relative_strength": -21.393249, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.531125, "energy": 46.595052, "activity_lines": [ 49.452309, 50.221525, 52.329139, 51.7873 ] }, { "date": "2024-03-29", "close": 50.301545, "volume": 4653569, "typical_volume": 9204248.5, "trend": 50.908755, "fair_value": 57.688557, "relative_strength": -19.027792, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.250746, "energy": 28.254994, "activity_lines": [ 49.727391, 50.004063, 52.090326, 51.74179 ] }, { "date": "2024-04-05", "close": 49.258795, "volume": 4180025, "typical_volume": 9112672.4, "trend": 50.816024, "fair_value": 57.678556, "relative_strength": -19.317702, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.600541, "energy": 28.832243, "activity_lines": [ 49.576937, 49.730222, 51.735979, 51.635341 ] }, { "date": "2024-04-12", "close": 48.991424, "volume": 5745121, "typical_volume": 9171377.65, "trend": 50.707313, "fair_value": 57.659778, "relative_strength": -17.963431, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.268345, "energy": 30.471557, "activity_lines": [ 49.351157, 49.514936, 51.354853, 51.517625 ] }, { "date": "2024-04-19", "close": 50.09656, "volume": 6073634, "typical_volume": 6933147.35, "trend": 50.809399, "fair_value": 57.642176, "relative_strength": -12.834486, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.601908, "energy": 19.948452, "activity_lines": [ 49.596178, 49.592987, 51.088381, 51.478221 ] }, { "date": "2024-04-26", "close": 49.044898, "volume": 4787044, "typical_volume": 6622343.8, "trend": 50.945489, "fair_value": 57.610861, "relative_strength": -16.186218, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.524483, "energy": 27.206027, "activity_lines": [ 49.426942, 49.484634, 50.744663, 51.364382 ] }, { "date": "2024-05-03", "close": 50.515443, "volume": 7316799, "typical_volume": 6318306.55, "trend": 51.173553, "fair_value": 57.58782, "relative_strength": -13.523844, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.422629, "energy": 15.685649, "activity_lines": [ 49.752542, 49.667902, 50.565534, 51.336637 ] }, { "date": "2024-05-10", "close": 52.039462, "volume": 5305793, "typical_volume": 6322266.15, "trend": 51.407245, "fair_value": 57.581425, "relative_strength": -11.92987, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -26.09775, "energy": 17.62789, "activity_lines": [ 50.571888, 50.103115, 50.55816, 51.392503 ] }, { "date": "2024-05-17", "close": 53.572394, "volume": 4692745, "typical_volume": 6346972.8, "trend": 51.729171, "fair_value": 57.578626, "relative_strength": -10.315466, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 6.592793, "energy": 16.857818, "activity_lines": [ 51.716834, 50.770248, 50.71671, 51.53219 ] }, { "date": "2024-05-24", "close": 50.604567, "volume": 4525515, "typical_volume": 6319566.65, "trend": 51.943855, "fair_value": 57.554724, "relative_strength": -14.752398, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.37822, "energy": 18.780077, "activity_lines": [ 51.567105, 50.842419, 50.608371, 51.459634 ] }, { "date": "2024-05-31", "close": 50.265896, "volume": 5655633, "typical_volume": 6307279.85, "trend": 52.029089, "fair_value": 57.516281, "relative_strength": -14.417028, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.709763, "energy": 17.921536, "activity_lines": [ 51.27062, 50.826404, 50.497838, 51.351379 ] }, { "date": "2024-06-07", "close": 50.09656, "volume": 6942872, "typical_volume": 6409725.35, "trend": 52.135824, "fair_value": 57.482337, "relative_strength": -15.173754, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.024009, "energy": 13.130862, "activity_lines": [ 50.836289, 50.75867, 50.413383, 51.2267 ] }, { "date": "2024-06-14", "close": 49.989612, "volume": 6342584, "typical_volume": 6350748.35, "trend": 52.169398, "fair_value": 57.452832, "relative_strength": -16.171903, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.346016, "energy": 24.796339, "activity_lines": [ 50.394234, 50.675218, 50.354606, 51.088234 ] }, { "date": "2024-06-21", "close": 49.12511, "volume": 8097562, "typical_volume": 6380539.45, "trend": 52.108026, "fair_value": 57.409845, "relative_strength": -17.654348, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.170411, "energy": 36.840921, "activity_lines": [ 49.800669, 50.421296, 50.238085, 50.891829 ] }, { "date": "2024-06-28", "close": 49.838101, "volume": 7362213, "typical_volume": 6299386.45, "trend": 51.939026, "fair_value": 57.37772, "relative_strength": -15.906184, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.658783, "energy": 34.269702, "activity_lines": [ 49.741253, 50.294578, 50.213031, 50.745382 ] }, { "date": "2024-07-05", "close": 49.829048, "volume": 3673569, "typical_volume": 6054561.45, "trend": 51.793404, "fair_value": 57.332198, "relative_strength": -16.947887, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.758837, "energy": 33.542328, "activity_lines": [ 49.729917, 50.170913, 50.189605, 50.609254 ] }, { "date": "2024-07-12", "close": 52.807565, "volume": 6493652, "typical_volume": 6153058.5, "trend": 51.683535, "fair_value": 57.299637, "relative_strength": -12.307216, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -0.077429, "energy": 1.495165, "activity_lines": [ 50.740543, 50.574539, 50.452464, 50.674684 ] }, { "date": "2024-07-19", "close": 53.486558, "volume": 5679908, "typical_volume": 5996485.95, "trend": 51.592257, "fair_value": 57.270727, "relative_strength": -8.840641, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.176239, "energy": 24.047735, "activity_lines": [ 51.796767, 51.059944, 50.762487, 50.791008 ] }, { "date": "2024-07-26", "close": 54.898864, "volume": 4155974, "typical_volume": 5851240.9, "trend": 51.526148, "fair_value": 57.244973, "relative_strength": -5.268777, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 46.996704, "energy": 57.668753, "activity_lines": [ 53.09063, 51.775821, 51.18787, 51.004338 ] }, { "date": "2024-08-02", "close": 51.811708, "volume": 7526241, "typical_volume": 5774317.95, "trend": 51.355964, "fair_value": 57.201441, "relative_strength": -8.232858, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.640321, "energy": 51.720206, "activity_lines": [ 52.970523, 51.906279, 51.298422, 51.022761 ] }, { "date": "2024-08-09", "close": 50.95165, "volume": 6158525, "typical_volume": 5768448.9, "trend": 51.083387, "fair_value": 57.160073, "relative_strength": -9.302846, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.806132, "energy": 43.675362, "activity_lines": [ 52.432157, 51.858415, 51.314347, 50.996676 ] }, { "date": "2024-08-16", "close": 51.811708, "volume": 4480486, "typical_volume": 5759794.75, "trend": 50.889506, "fair_value": 57.129272, "relative_strength": -10.869748, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 48.277426, "energy": 28.253648, "activity_lines": [ 52.105637, 51.954457, 51.403434, 51.043664 ] }, { "date": "2024-08-23", "close": 54.364722, "volume": 4068932, "typical_volume": 5754240.1, "trend": 50.863226, "fair_value": 57.116055, "relative_strength": -7.367299, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.605366, "energy": 32.873898, "activity_lines": [ 52.696511, 52.483499, 51.728475, 51.267872 ] }, { "date": "2024-08-30", "close": 54.337563, "volume": 3713841, "typical_volume": 5652676.1, "trend": 50.872026, "fair_value": 57.093161, "relative_strength": -7.270575, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.47147, "energy": 38.488453, "activity_lines": [ 53.219789, 52.928055, 52.026615, 51.492023 ] }, { "date": "2024-09-06", "close": 55.659336, "volume": 3767542, "typical_volume": 5537371.5, "trend": 51.048638, "fair_value": 57.097135, "relative_strength": -0.631737, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.774187, "energy": 67.804467, "activity_lines": [ 54.221078, 53.518162, 52.42518, 51.800881 ] }, { "date": "2024-09-13", "close": 57.28892, "volume": 4044240, "typical_volume": 5500231.3, "trend": 51.278984, "fair_value": 57.10753, "relative_strength": -1.348555, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.627036, "energy": 81.464146, "activity_lines": [ 55.509052, 54.298716, 52.952455, 52.20348 ] }, { "date": "2024-09-20", "close": 56.347382, "volume": 7875566, "typical_volume": 5528169.65, "trend": 51.519488, "fair_value": 57.118769, "relative_strength": -4.122956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.17083, "energy": 77.674326, "activity_lines": [ 56.060696, 54.772447, 53.350802, 52.530474 ] }, { "date": "2024-09-27", "close": 56.800045, "volume": 3776843, "typical_volume": 5451722.15, "trend": 51.763964, "fair_value": 57.130923, "relative_strength": -3.768236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.184616, "energy": 78.038745, "activity_lines": [ 56.46085, 55.264121, 53.764488, 52.871155 ] }, { "date": "2024-10-04", "close": 55.31188, "volume": 4993397, "typical_volume": 5466754.75, "trend": 51.923435, "fair_value": 57.130783, "relative_strength": -6.422873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.045063, "energy": 58.692581, "activity_lines": [ 56.202593, 55.424974, 54.013775, 53.100053 ] }, { "date": "2024-10-11", "close": 54.917123, "volume": 4211058, "typical_volume": 5451031.9, "trend": 52.115971, "fair_value": 57.117337, "relative_strength": -7.959731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.772446, "energy": 43.33123, "activity_lines": [ 55.747797, 55.506543, 54.217183, 53.293194 ] }, { "date": "2024-10-18", "close": 55.09155, "volume": 4959009, "typical_volume": 5416200.7, "trend": 52.3152, "fair_value": 57.102636, "relative_strength": -8.262696, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.570811, "energy": 33.318199, "activity_lines": [ 55.400624, 55.563364, 54.416667, 53.485167 ] }, { "date": "2024-10-25", "close": 52.585302, "volume": 4649052, "typical_volume": 5301509.7, "trend": 52.391325, "fair_value": 57.073673, "relative_strength": -11.29483, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.486507, "energy": 18.740801, "activity_lines": [ 54.364526, 55.089233, 54.354482, 53.502593 ] }, { "date": "2024-11-01", "close": 50.602337, "volume": 7806924, "typical_volume": 5374726.7, "trend": 52.43611, "fair_value": 57.024736, "relative_strength": -13.074534, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.915823, "energy": 21.797599, "activity_lines": [ 52.918245, 54.240498, 54.091591, 53.387174 ] }, { "date": "2024-11-08", "close": 52.080381, "volume": 6249089, "typical_volume": 5282303.05, "trend": 52.539075, "fair_value": 56.989925, "relative_strength": -14.259443, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.098784, "energy": 31.389571, "activity_lines": [ 52.377825, 53.728905, 53.966549, 53.364224 ] }, { "date": "2024-11-15", "close": 51.199063, "volume": 5666544, "typical_volume": 5197519.6, "trend": 52.575825, "fair_value": 56.950557, "relative_strength": -13.548181, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.851307, "energy": 38.785987, "activity_lines": [ 51.759067, 53.098111, 53.743499, 53.277771 ] }, { "date": "2024-11-22", "close": 52.420055, "volume": 4234113, "typical_volume": 5225546.8, "trend": 52.68833, "fair_value": 56.920202, "relative_strength": -12.513957, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.024099, "energy": 40.529259, "activity_lines": [ 51.795176, 52.770413, 53.630254, 53.267722 ] }, { "date": "2024-11-29", "close": 52.383334, "volume": 4727585, "typical_volume": 5137243.45, "trend": 52.750593, "fair_value": 56.888805, "relative_strength": -13.026759, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.67347, "energy": 28.675746, "activity_lines": [ 51.997145, 52.524562, 53.501172, 53.248045 ] }, { "date": "2024-12-06", "close": 51.318408, "volume": 5911070, "typical_volume": 5148801.55, "trend": 52.726558, "fair_value": 56.841562, "relative_strength": -14.960683, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.211021, "energy": 26.222693, "activity_lines": [ 51.857603, 52.157162, 53.27269, 53.155645 ] }, { "date": "2024-12-13", "close": 52.346612, "volume": 6047575, "typical_volume": 5243381.6, "trend": 52.685699, "fair_value": 56.79697, "relative_strength": -12.160974, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.665303, "energy": 16.628635, "activity_lines": [ 52.013058, 52.076375, 53.152456, 53.131133 ] }, { "date": "2024-12-20", "close": 49.803643, "volume": 9318172, "typical_volume": 5332978.15, "trend": 52.659001, "fair_value": 56.732517, "relative_strength": -14.265471, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -43.904828, "energy": 32.447934, "activity_lines": [ 51.303107, 51.587143, 52.802189, 52.945194 ] }, { "date": "2024-12-27", "close": 50.042333, "volume": 3133356, "typical_volume": 5181719.7, "trend": 52.651549, "fair_value": 56.65879, "relative_strength": -13.787416, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.786159, "energy": 45.200651, "activity_lines": [ 50.765748, 51.234282, 52.484215, 52.776376 ] }, { "date": "2025-01-03", "close": 51.167828, "volume": 4809198, "typical_volume": 5198155.3, "trend": 52.687258, "fair_value": 56.598962, "relative_strength": -10.745982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.469603, "energy": 50.401614, "activity_lines": [ 50.762069, 51.177861, 52.277762, 52.680653 ] }, { "date": "2025-01-10", "close": 50.262946, "volume": 4834589, "typical_volume": 5236438.15, "trend": 52.696369, "fair_value": 56.540545, "relative_strength": -9.894899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.502194, "energy": 56.968684, "activity_lines": [ 50.537796, 50.982687, 51.988196, 52.524245 ] }, { "date": "2025-01-17", "close": 52.044724, "volume": 4841665, "typical_volume": 5292829.35, "trend": 52.79369, "fair_value": 56.50908, "relative_strength": -8.750076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.659278, "energy": 31.36984, "activity_lines": [ 50.977813, 51.117644, 51.887855, 52.482204 ] }, { "date": "2025-01-24", "close": 51.550304, "volume": 4041306, "typical_volume": 5306517.55, "trend": 52.850763, "fair_value": 56.468917, "relative_strength": -10.62465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.614762, "energy": 20.77103, "activity_lines": [ 51.27315, 51.163355, 51.751345, 52.401985 ] }, { "date": "2025-01-31", "close": 52.156668, "volume": 3826613, "typical_volume": 5295636.2, "trend": 52.92835, "fair_value": 56.440333, "relative_strength": -8.200462, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.832278, "energy": 16.495642, "activity_lines": [ 51.654163, 51.312928, 51.692151, 52.357205 ] }, { "date": "2025-02-07", "close": 52.305927, "volume": 3473615, "typical_volume": 5075538.65, "trend": 52.911629, "fair_value": 56.410158, "relative_strength": -7.499796, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.300531, "energy": 18.219142, "activity_lines": [ 51.943974, 51.494427, 51.671611, 52.317049 ] }, { "date": "2025-02-14", "close": 54.750042, "volume": 6921123, "typical_volume": 5232752.65, "trend": 52.953745, "fair_value": 56.393968, "relative_strength": -4.354282, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.442908, "energy": 22.225061, "activity_lines": [ 52.972617, 52.121719, 51.903089, 52.435656 ] }, { "date": "2025-02-21", "close": 57.502004, "volume": 6103204, "typical_volume": 5288243.0, "trend": 53.040517, "fair_value": 56.389168, "relative_strength": 2.132222, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.368339, "energy": 53.655968, "activity_lines": [ 54.619441, 53.186973, 52.406421, 52.729092 ] }, { "date": "2025-02-28", "close": 59.899475, "volume": 7863617, "typical_volume": 5470870.95, "trend": 53.310109, "fair_value": 56.38435, "relative_strength": 7.353177, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.18232, "energy": 71.647752, "activity_lines": [ 56.701603, 54.594397, 53.127654, 53.171605 ] }, { "date": "2025-03-07", "close": 60.421882, "volume": 7017439, "typical_volume": 5573792.45, "trend": 53.625783, "fair_value": 56.388458, "relative_strength": 11.610689, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.384983, "energy": 89.902836, "activity_lines": [ 58.401289, 55.913244, 53.874914, 53.630429 ] }, { "date": "2025-03-14", "close": 58.453529, "volume": 7521699, "typical_volume": 5717424.8, "trend": 53.847177, "fair_value": 56.378554, "relative_strength": 10.342229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.70669, "energy": 82.679861, "activity_lines": [ 58.893843, 56.685489, 54.40933, 53.941897 ] }, { "date": "2025-03-21", "close": 57.362073, "volume": 10491524, "typical_volume": 5851654.8, "trend": 53.947089, "fair_value": 56.354249, "relative_strength": 7.595711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.04644, "energy": 78.868895, "activity_lines": [ 58.612739, 57.126821, 54.811853, 54.168664 ] }, { "date": "2025-03-28", "close": 58.490844, "volume": 4872469, "typical_volume": 5782823.8, "trend": 54.085532, "fair_value": 56.330291, "relative_strength": 11.177572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.776942, "energy": 57.007597, "activity_lines": [ 58.533756, 57.644308, 55.28969, 54.46181 ] }, { "date": "2025-04-04", "close": 55.957318, "volume": 7839868, "typical_volume": 5891490.0, "trend": 54.095464, "fair_value": 56.286293, "relative_strength": 16.622932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.25151, "energy": 33.779906, "activity_lines": [ 57.544342, 57.583953, 55.495712, 54.58257 ] }, { "date": "2025-04-11", "close": 54.746407, "volume": 7535497, "typical_volume": 6056559.2, "trend": 54.010714, "fair_value": 56.232294, "relative_strength": 7.856532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.976201, "energy": 20.758882, "activity_lines": [ 56.414101, 57.223304, 55.563751, 54.624567 ] }, { "date": "2025-04-18", "close": 58.81431, "volume": 4075936, "typical_volume": 6023976.75, "trend": 54.092945, "fair_value": 56.194046, "relative_strength": 17.308227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.559463, "energy": 25.943368, "activity_lines": [ 57.018193, 57.555187, 56.008132, 54.934476 ] }, { "date": "2025-04-25", "close": 57.347973, "volume": 4288885, "typical_volume": 5942867.5, "trend": 54.111209, "fair_value": 56.168313, "relative_strength": 9.208556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.557252, "energy": 19.721584, "activity_lines": [ 57.109454, 57.50213, 56.282237, 55.144478 ] }, { "date": "2025-05-02", "close": 58.360219, "volume": 5102083, "typical_volume": 5895592.9, "trend": 54.21282, "fair_value": 56.163485, "relative_strength": 7.911725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.578831, "energy": 26.64494, "activity_lines": [ 57.53907, 57.585882, 56.624035, 55.418607 ] }, { "date": "2025-05-09", "close": 58.464282, "volume": 4920753, "typical_volume": 5675721.95, "trend": 54.331059, "fair_value": 56.142132, "relative_strength": 8.514905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.986122, "energy": 36.12704, "activity_lines": [ 58.012082, 57.672951, 56.947107, 55.692895 ] }, { "date": "2025-05-16", "close": 58.521043, "volume": 4884212, "typical_volume": 5763264.75, "trend": 54.445376, "fair_value": 56.121436, "relative_strength": 3.244645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.837703, "energy": 35.049981, "activity_lines": [ 58.336884, 57.796435, 57.234344, 55.963217 ] }, { "date": "2025-05-23", "close": 58.057491, "volume": 6125647, "typical_volume": 5829087.2, "trend": 54.627782, "fair_value": 56.078921, "relative_strength": 5.022569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.593021, "energy": 33.553761, "activity_lines": [ 58.255526, 57.870197, 57.437059, 56.196257 ] }, { "date": "2025-05-30", "close": 59.372465, "volume": 7126592, "typical_volume": 5943687.35, "trend": 54.920119, "fair_value": 56.055403, "relative_strength": 5.438558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.038792, "energy": 38.990115, "activity_lines": [ 58.662947, 58.190246, 57.732201, 56.502365 ] }, { "date": "2025-06-06", "close": 59.19272, "volume": 4982810, "typical_volume": 5950744.6, "trend": 55.157197, "fair_value": 56.03161, "relative_strength": 3.329814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.108379, "energy": 35.760011, "activity_lines": [ 58.875487, 58.441061, 57.966846, 56.778017 ] }, { "date": "2025-06-13", "close": 59.921159, "volume": 4955036, "typical_volume": 5996431.1, "trend": 55.447934, "fair_value": 56.011756, "relative_strength": 4.826625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.862479, "energy": 41.710125, "activity_lines": [ 59.27534, 58.811558, 58.236828, 57.085369 ] }, { "date": "2025-06-20", "close": 59.97792, "volume": 7049726, "typical_volume": 6157586.75, "trend": 55.699863, "fair_value": 55.978483, "relative_strength": 4.893377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.835999, "energy": 48.076984, "activity_lines": [ 59.596988, 59.120306, 58.472354, 57.377626 ] }, { "date": "2025-06-27", "close": 59.476527, "volume": 6892215, "typical_volume": 6328516.75, "trend": 55.936303, "fair_value": 55.948612, "relative_strength": 0.446307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.700157, "energy": 38.917295, "activity_lines": [ 59.65438, 59.242773, 58.622885, 57.621282 ] }, { "date": "2025-07-04", "close": 60.680119, "volume": 4398527, "typical_volume": 6202386.95, "trend": 56.24836, "fair_value": 55.934937, "relative_strength": 0.647554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.921163, "energy": 47.766649, "activity_lines": [ 60.018367, 59.572035, 58.853898, 57.927335 ] }, { "date": "2025-07-11", "close": 60.305847, "volume": 5451106, "typical_volume": 6169782.05, "trend": 56.513667, "fair_value": 55.908853, "relative_strength": 0.278038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.059711, "energy": 43.338445, "activity_lines": [ 60.170419, 59.772663, 59.021027, 58.189108 ] }, { "date": "2025-07-18", "close": 59.202223, "volume": 4818926, "typical_volume": 6017547.5, "trend": 56.826953, "fair_value": 55.877273, "relative_strength": -2.094244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.707471, "energy": 33.811196, "activity_lines": [ 59.880389, 59.737257, 59.069698, 58.362563 ] }, { "date": "2025-07-25", "close": 61.994871, "volume": 6707983, "typical_volume": 6002074.7, "trend": 57.225371, "fair_value": 55.834301, "relative_strength": 1.088563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.603802, "energy": 49.657556, "activity_lines": [ 60.56917, 60.196187, 59.387655, 58.695977 ] }, { "date": "2025-08-01", "close": 62.359547, "volume": 9533980, "typical_volume": 6102688.75, "trend": 57.598429, "fair_value": 55.816746, "relative_strength": 4.159756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.136345, "energy": 54.5192, "activity_lines": [ 61.245047, 60.658262, 59.732853, 59.027214 ] }, { "date": "2025-08-08", "close": 63.223252, "volume": 6614393, "typical_volume": 5908832.2, "trend": 58.030439, "fair_value": 55.788652, "relative_strength": 2.989979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.934545, "energy": 66.59474, "activity_lines": [ 62.016624, 61.199156, 60.141709, 59.390106 ] }, { "date": "2025-08-15", "close": 62.503498, "volume": 5066823, "typical_volume": 5918549.9, "trend": 58.379065, "fair_value": 55.755351, "relative_strength": 0.776485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.147787, "energy": 71.082573, "activity_lines": [ 62.37874, 61.53917, 60.454106, 59.678691 ] }, { "date": "2025-08-22", "close": 63.443977, "volume": 6049059, "typical_volume": 5829009.45, "trend": 58.77552, "fair_value": 55.739274, "relative_strength": 1.988245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.820252, "energy": 71.53318, "activity_lines": [ 62.90784, 61.989985, 60.836965, 60.005459 ] }, { "date": "2025-08-29", "close": 64.394053, "volume": 6368688, "typical_volume": 5770669.0, "trend": 59.183433, "fair_value": 55.739298, "relative_strength": 3.511147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.411869, "energy": 75.741642, "activity_lines": [ 63.470848, 62.549489, 61.274657, 60.367945 ] }, { "date": "2025-09-05", "close": 65.37292, "volume": 4194140, "typical_volume": 5776579.2, "trend": 59.619, "fair_value": 55.733218, "relative_strength": 4.797646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.594583, "energy": 74.801441, "activity_lines": [ 64.200199, 63.206676, 61.759632, 60.767267 ] }, { "date": "2025-09-12", "close": 65.92953, "volume": 5070169, "typical_volume": 5815643.4, "trend": 59.991649, "fair_value": 55.738647, "relative_strength": 4.115498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.710123, "energy": 77.491271, "activity_lines": [ 64.914196, 63.857858, 62.266387, 61.174398 ] }, { "date": "2025-09-19", "close": 64.46123, "volume": 7621962, "typical_volume": 5941637.35, "trend": 60.223623, "fair_value": 55.764892, "relative_strength": 0.619427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.772103, "energy": 66.173642, "activity_lines": [ 64.958341, 64.146632, 62.592439, 61.462758 ] }, { "date": "2025-09-26", "close": 65.689612, "volume": 5447854, "typical_volume": 5967992.4, "trend": 60.416628, "fair_value": 55.836457, "relative_strength": 2.855582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.296498, "energy": 62.37541, "activity_lines": [ 65.281431, 64.583196, 63.006428, 61.815402 ] }, { "date": "2025-10-03", "close": 67.303736, "volume": 5812511, "typical_volume": 6014407.35, "trend": 60.646023, "fair_value": 55.910757, "relative_strength": 4.159657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.677402, "energy": 67.715693, "activity_lines": [ 65.992853, 65.195285, 63.539736, 62.259732 ] }, { "date": "2025-10-10", "close": 65.027858, "volume": 4680477, "typical_volume": 5942148.85, "trend": 60.865167, "fair_value": 55.984789, "relative_strength": 3.057025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.19464, "energy": 50.038811, "activity_lines": [ 65.751671, 65.297052, 63.814471, 62.542431 ] }, { "date": "2025-10-17", "close": 66.584014, "volume": 4575502, "typical_volume": 5814594.35, "trend": 61.172565, "fair_value": 56.056829, "relative_strength": 3.617615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.672814, "energy": 53.363098, "activity_lines": [ 66.052211, 65.633243, 64.20422, 62.911389 ] }, { "date": "2025-10-24", "close": 64.979228, "volume": 4914860, "typical_volume": 5811196.85, "trend": 61.388845, "fair_value": 56.093244, "relative_strength": -0.879324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.269694, "energy": 45.328993, "activity_lines": [ 65.77419, 65.616549, 64.406791, 63.15698 ] }, { "date": "2025-10-31", "close": 64.191424, "volume": 7847538, "typical_volume": 5955821.95, "trend": 61.663315, "fair_value": 56.117148, "relative_strength": -2.857031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.165315, "energy": 28.99077, "activity_lines": [ 65.199035, 65.411605, 64.506779, 63.337792 ] }, { "date": "2025-11-07", "close": 65.523882, "volume": 7699869, "typical_volume": 5988329.1, "trend": 62.022564, "fair_value": 56.144536, "relative_strength": 0.607881, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.825278, "energy": 27.685981, "activity_lines": [ 65.167912, 65.435336, 64.713332, 63.58686 ] }, { "date": "2025-11-14", "close": 65.786484, "volume": 5558534, "typical_volume": 5921645.05, "trend": 62.25497, "fair_value": 56.167047, "relative_strength": 0.678464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.365725, "energy": 24.6202, "activity_lines": [ 65.342979, 65.486271, 64.918486, 63.829694 ] }, { "date": "2025-11-21", "close": 65.280733, "volume": 5393501, "typical_volume": 5971393.75, "trend": 62.519395, "fair_value": 56.183011, "relative_strength": 1.659705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.036096, "energy": 22.59725, "activity_lines": [ 65.298888, 65.437732, 65.045426, 64.024904 ] }, { "date": "2025-11-28", "close": 65.523882, "volume": 5151032, "typical_volume": 5956390.05, "trend": 62.758184, "fair_value": 56.192823, "relative_strength": -1.751917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.95415, "energy": 25.893048, "activity_lines": [ 65.422732, 65.445197, 65.173615, 64.218742 ] }, { "date": "2025-12-05", "close": 64.492929, "volume": 5987792, "typical_volume": 6014833.35, "trend": 62.959139, "fair_value": 56.211398, "relative_strength": -3.785202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.76874, "energy": 20.670621, "activity_lines": [ 65.166615, 65.245896, 65.17877, 64.330661 ] }, { "date": "2025-12-12", "close": 63.228553, "volume": 7602813, "typical_volume": 6059574.85, "trend": 63.116056, "fair_value": 56.217212, "relative_strength": -5.222025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.222865, "energy": 8.439356, "activity_lines": [ 64.468938, 64.838467, 65.038315, 64.348043 ] }, { "date": "2025-12-19", "close": 62.84924, "volume": 9708590, "typical_volume": 6068305.35, "trend": 63.275781, "fair_value": 56.220745, "relative_strength": -6.035161, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.052036, "energy": 13.515859, "activity_lines": [ 63.797846, 64.436165, 64.85586, 64.330829 ] }, { "date": "2025-12-26", "close": 63.043759, "volume": 2817508, "typical_volume": 5878461.1, "trend": 63.398158, "fair_value": 56.228226, "relative_strength": -7.184826, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.533919, "energy": 28.871612, "activity_lines": [ 63.38741, 64.108842, 64.689599, 64.31586 ] }, { "date": "2026-01-02", "close": 63.984404, "volume": 3973190, "typical_volume": 5823779.45, "trend": 63.55788, "fair_value": 56.229251, "relative_strength": -4.930786, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.487166, "energy": 30.758283, "activity_lines": [ 63.439654, 64.016913, 64.613778, 64.353682 ] }, { "date": "2026-01-09", "close": 65.602264, "volume": 7043487, "typical_volume": 5873500.85, "trend": 63.747251, "fair_value": 56.227806, "relative_strength": -4.187078, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 20.213354, "energy": 13.605229, "activity_lines": [ 64.133816, 64.237229, 64.684986, 64.485578 ] }, { "date": "2026-01-16", "close": 69.311505, "volume": 6303687, "typical_volume": 5870250.8, "trend": 64.05837, "fair_value": 56.245925, "relative_strength": 1.344025, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.945091, "energy": 40.588926, "activity_lines": [ 65.990437, 65.1063, 65.099179, 64.844562 ] }, { "date": "2026-01-23", "close": 68.43352, "volume": 4630264, "typical_volume": 5892057.0, "trend": 64.356936, "fair_value": 56.250398, "relative_strength": 0.14999, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.010483, "energy": 60.932991, "activity_lines": [ 67.148865, 65.746872, 65.406337, 65.12683 ] }, { "date": "2026-01-30", "close": 68.80839, "volume": 6800225, "typical_volume": 5978559.8, "trend": 64.627879, "fair_value": 56.266256, "relative_strength": 0.071609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.878349, "energy": 75.303895, "activity_lines": [ 68.059965, 66.407474, 65.734623, 65.41402 ] }, { "date": "2026-02-06", "close": 70.248681, "volume": 6479666, "typical_volume": 5921445.0, "trend": 64.959307, "fair_value": 56.286425, "relative_strength": 2.096615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.799554, "energy": 82.807416, "activity_lines": [ 69.066853, 67.265807, 66.18637, 65.776653 ] }, { "date": "2026-02-13", "close": 73.198316, "volume": 7301555, "typical_volume": 6014130.05, "trend": 65.425843, "fair_value": 56.329663, "relative_strength": 7.425093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.983222, "energy": 89.720879, "activity_lines": [ 70.639335, 68.574533, 66.891476, 66.308202 ] }, { "date": "2026-02-20", "close": 71.402886, "volume": 9770545, "typical_volume": 6212031.75, "trend": 65.739444, "fair_value": 56.370984, "relative_strength": 3.4914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.352027, "energy": 80.909837, "activity_lines": [ 71.106936, 69.398537, 67.389833, 66.693817 ] }, { "date": "2026-02-27", "close": 73.642241, "volume": 7103056, "typical_volume": 6333160.7, "trend": 66.115533, "fair_value": 56.424935, "relative_strength": 7.161973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.288529, "energy": 83.61807, "activity_lines": [ 72.181563, 70.481073, 68.081942, 67.203675 ] }, { "date": "2026-03-06", "close": 71.629781, "volume": 5545579, "typical_volume": 6381664.55, "trend": 66.395751, "fair_value": 56.486642, "relative_strength": 6.335394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.642186, "energy": 65.463705, "activity_lines": [ 72.238123, 71.00147, 68.541367, 67.559433 ] }, { "date": "2026-03-13", "close": 70.524901, "volume": 5123865, "typical_volume": 6392114.8, "trend": 66.663131, "fair_value": 56.544617, "relative_strength": 6.261452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.562504, "energy": 49.954315, "activity_lines": [ 71.738296, 71.16487, 68.871538, 67.82583 ] }, { "date": "2026-03-20", "close": 66.63809, "volume": 7071231, "typical_volume": 6353299.45, "trend": 66.769602, "fair_value": 56.579656, "relative_strength": 2.248349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.747332, "energy": 24.966727, "activity_lines": [ 69.924451, 70.50266, 68.805128, 67.824214 ] }, { "date": "2026-03-27", "close": 66.69728, "volume": 4587483, "typical_volume": 6197680.15, "trend": 66.846376, "fair_value": 56.608669, "relative_strength": 4.701929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.281412, "energy": 19.772126, "activity_lines": [ 68.567684, 69.832378, 68.732705, 67.819548 ] }, { "date": "2026-04-03", "close": 70.25, "volume": 7403658, "typical_volume": 6289936.35, "trend": 67.008945, "fair_value": 56.678981, "relative_strength": 6.723487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.964839, "energy": 23.471194, "activity_lines": [ 68.708865, 69.855576, 68.993049, 68.039137 ] }, { "date": "2026-04-10", "close": 71.62, "volume": 6454289, "typical_volume": 6342975.75, "trend": 67.198627, "fair_value": 56.771145, "relative_strength": 4.986654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.759773, "energy": 24.488182, "activity_lines": [ 69.532861, 70.094838, 69.362614, 68.336624 ] }, { "date": "2026-04-17", "close": 73.98, "volume": 6164046, "typical_volume": 6393626.45, "trend": 67.51592, "fair_value": 56.869226, "relative_strength": 3.936802, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.809029, "energy": 38.452698, "activity_lines": [ 71.144177, 70.712072, 69.926754, 68.774132 ] }, { "date": "2026-04-24", "close": 73.12, "volume": 5525552, "typical_volume": 6370514.45, "trend": 67.763599, "fair_value": 56.956135, "relative_strength": 2.239157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.226329, "energy": 59.090218, "activity_lines": [ 72.238485, 71.105099, 70.368722, 69.135686 ] }, { "date": "2026-05-01", "close": 71.657924, "volume": 6687195, "typical_volume": 6324733.55, "trend": 67.908739, "fair_value": 57.038611, "relative_strength": -0.648111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.641644, "energy": 58.810615, "activity_lines": [ 72.413308, 71.233718, 70.630363, 69.386933 ] }, { "date": "2026-05-08", "close": 73.138459, "volume": 6829494, "typical_volume": 6180778.75, "trend": 68.179092, "fair_value": 57.139119, "relative_strength": -0.821029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.621782, "energy": 61.630373, "activity_lines": [ 72.750933, 71.626889, 70.992868, 69.724334 ] }, { "date": "2026-05-15", "close": 71.944161, "volume": 5143978, "typical_volume": 6297102.25, "trend": 68.357764, "fair_value": 57.246637, "relative_strength": -2.602301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.369691, "energy": 43.462872, "activity_lines": [ 72.497894, 71.812074, 71.192634, 69.967242 ] }, { "date": "2026-05-22", "close": 73.513528, "volume": 6152545, "typical_volume": 6406070.0, "trend": 68.642241, "fair_value": 57.367456, "relative_strength": -1.287852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.576811, "energy": 39.388454, "activity_lines": [ 72.746367, 72.276882, 71.49948, 70.299872 ] }, { "date": "2026-05-29", "close": 73.454307, "volume": 7043976, "typical_volume": 6406094.45, "trend": 68.951003, "fair_value": 57.474981, "relative_strength": -2.690969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.283948, "energy": 40.589679, "activity_lines": [ 73.006198, 72.676584, 71.75531, 70.610327 ] }, { "date": "2026-06-05", "close": 73.523399, "volume": 7362171, "typical_volume": 6459018.65, "trend": 69.217654, "fair_value": 57.581661, "relative_strength": -0.094863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.472052, "energy": 39.353279, "activity_lines": [ 73.266773, 72.964918, 71.980329, 70.905321 ] }, { "date": "2026-06-12", "close": 75.714591, "volume": 7547880, "typical_volume": 6604899.45, "trend": 69.548591, "fair_value": 57.705064, "relative_strength": 2.289106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.407102, "energy": 57.246211, "activity_lines": [ 74.133379, 73.527538, 72.393976, 71.324478 ] }, { "date": "2026-06-19", "close": 70.295831, "volume": 8564865, "typical_volume": 6693131.45, "trend": 69.715761, "fair_value": 57.814571, "relative_strength": -5.762842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.603255, "energy": 27.623473, "activity_lines": [ 73.021991, 73.005574, 72.256879, 71.372687 ] }, { "date": "2026-06-26", "close": 72.901574, "volume": 9269750, "typical_volume": 6832635.65, "trend": 69.961684, "fair_value": 57.928745, "relative_strength": 0.067394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.946271, "energy": 22.545493, "activity_lines": [ 72.889071, 72.981456, 72.360866, 71.578223 ] }, { "date": "2026-07-03", "close": 71.32, "volume": 7471298, "typical_volume": 6841122.8, "trend": 70.189253, "fair_value": 58.03231, "relative_strength": -4.135709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.247521, "energy": 13.716582, "activity_lines": [ 72.269758, 72.689388, 72.301593, 71.665857 ] }, { "date": "2026-07-10", "close": 71.66, "volume": 8493267, "typical_volume": 6777258.9, "trend": 70.470301, "fair_value": 58.129639, "relative_strength": -4.924059, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.102967, "energy": 18.147703, "activity_lines": [ 71.906065, 72.491864, 72.283645, 71.760744 ] }, { "date": "2026-07-17", "close": 75.86, "volume": 6134512, "typical_volume": 6728831.7, "trend": 70.903993, "fair_value": 58.23936, "relative_strength": 2.095797, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.7415, "energy": 27.684561, "activity_lines": [ 73.066599, 73.05794, 72.664474, 72.108466 ] }, { "date": "2026-07-24", "close": 76.69, "volume": 6156114, "typical_volume": 6759358.45, "trend": 71.358868, "fair_value": 58.374839, "relative_strength": 3.714072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.024113, "energy": 48.208132, "activity_lines": [ 74.494105, 73.725442, 73.113789, 72.481757 ] }, { "date": "2026-07-31", "close": 73.6, "volume": 8030575, "typical_volume": 6904693.95, "trend": 71.679388, "fair_value": 58.499292, "relative_strength": -1.489387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.374593, "energy": 44.173018, "activity_lines": [ 74.465333, 73.744838, 73.244722, 72.626346 ] }, { "date": "2026-08-07", "close": 71.81, "volume": 6374992, "typical_volume": 6869882.0, "trend": 71.886312, "fair_value": 58.610128, "relative_strength": -7.012298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.454504, "energy": 32.337083, "activity_lines": [ 73.793333, 73.437207, 73.190536, 72.634773 ] } ], "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." } } }