{ "ticker": { "uuid": "ac3f0abc-821e-4527-9731-9d7ac14dbef5", "symbol": "EPRO-B", "name": "Electrolux Professional AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "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": -33.827, "architecture_energy": 20.777, "architecture_maturity": 100.0, "architecture_confidence": 70.261, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 39.08, "rotation_up": 29.48, "upward_expansion": 18.94, "deceleration": 46.81, "rotation_down": 25.87, "downward_expansion": 57.61 }, "activity_lines": [ 46.523334, 45.756364, 46.181068, 47.732043 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 47.049999, "trend_reference": 50.5387, "distance_from_trend": -0.06903, "trend_direction": "Weakening", "fair_value": 59.726542, "distance_from_fair_value": -0.212243, "fair_value_direction": "Improving", "relative_strength": -25.529622, "relative_strength_direction": "Improving", "price_momentum": -0.222795, "excess_performance": -0.284289, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.06903, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.106112, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.212243, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.034755, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.255296, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066833, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.222795, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.470931, "read": "Demand-led" } ], "volume": { "latest": 813344, "relative_activity": 0.444426, "balance": 2.470931, "dry_up": 0.739049, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.058121, "annualized_volatility": 0.346797, "from_high_reference": -0.32635, "from_low_reference": 0.117577 }, "levels": { "trend_reference": 50.5387, "fair_value_reference": 59.726542, "structural_low": 42.099998, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.018615, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.00593, "regime_survival": 0.772727, "best_return": 0.216328, "worst_return": -0.170875, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.004658, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.067261, "regime_survival": 0.5, "best_return": 0.273519, "worst_return": -0.247967, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.191209, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.002845, "regime_survival": 0.2, "best_return": 0.566501, "worst_return": -0.213194, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.147104, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.021627, "regime_survival": 0.75, "best_return": 0.278657, "worst_return": -0.295342, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.118859, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-11-01", "tenure": "Developing", "return": 0.110613, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-08", "end": "2024-11-15", "tenure": "New", "return": -0.100817, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-01-31", "tenure": "Developing", "return": 0.167173, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.071332, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.160767, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-07-04", "tenure": "Established", "return": 0.28469, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.070176, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": -0.037975, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-12", "end": "2025-10-10", "tenure": "Developing", "return": 0.06136, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": 0.00761, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.006173, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-23", "tenure": "Developing", "return": -0.101644, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-08-07", "tenure": "Extended", "return": -0.219004, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 50.944702, "volume": 792980, "typical_volume": 1036088.85, "trend": 52.604161, "fair_value": 50.485201, "relative_strength": 4.108654, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.229639, "energy": 3.872822, "activity_lines": [ 53.177109, 53.614224, 53.892565, 53.384167 ] }, { "date": "2023-08-25", "close": 52.900444, "volume": 2729516, "typical_volume": 1149336.55, "trend": 52.692608, "fair_value": 50.591103, "relative_strength": 8.078479, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.22443, "energy": 13.925413, "activity_lines": [ 52.776421, 53.484997, 53.798841, 53.403282 ] }, { "date": "2023-09-01", "close": 55.905605, "volume": 984578, "typical_volume": 1167544.3, "trend": 52.827807, "fair_value": 50.717707, "relative_strength": 12.206206, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.02796, "energy": 13.759532, "activity_lines": [ 53.596878, 53.86834, 53.9733, 53.610572 ] }, { "date": "2023-09-08", "close": 53.949863, "volume": 1625006, "typical_volume": 1231444.6, "trend": 52.930809, "fair_value": 50.850338, "relative_strength": 8.814173, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.321508, "energy": 8.337081, "activity_lines": [ 53.813122, 53.852728, 53.945776, 53.682962 ] }, { "date": "2023-09-15", "close": 52.709637, "volume": 501530, "typical_volume": 1169064.55, "trend": 52.9909, "fair_value": 50.971426, "relative_strength": 5.462553, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.019491, "energy": 5.6086, "activity_lines": [ 53.587336, 53.645445, 53.786318, 53.668693 ] }, { "date": "2023-09-22", "close": 53.472855, "volume": 946656, "typical_volume": 1194910.85, "trend": 53.117282, "fair_value": 51.103096, "relative_strength": 8.256246, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.653379, "energy": 11.867984, "activity_lines": [ 53.650938, 53.583868, 53.719764, 53.699787 ] }, { "date": "2023-09-29", "close": 53.854462, "volume": 921200, "typical_volume": 1192906.35, "trend": 53.187251, "fair_value": 51.237093, "relative_strength": 9.415995, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.14059, "energy": 7.967102, "activity_lines": [ 53.673198, 53.567389, 53.710678, 53.747347 ] }, { "date": "2023-10-06", "close": 53.902161, "volume": 362118, "typical_volume": 1189950.3, "trend": 53.302805, "fair_value": 51.366125, "relative_strength": 9.451346, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.152205, "energy": 8.814307, "activity_lines": [ 53.647757, 53.60208, 53.718401, 53.79347 ] }, { "date": "2023-10-13", "close": 54.379173, "volume": 591438, "typical_volume": 1182979.85, "trend": 53.574409, "fair_value": 51.504742, "relative_strength": 8.408982, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.82334, "energy": 10.528736, "activity_lines": [ 53.914883, 53.772936, 53.786091, 53.862913 ] }, { "date": "2023-10-20", "close": 50.801598, "volume": 2066335, "typical_volume": 1223978.35, "trend": 53.688739, "fair_value": 51.624978, "relative_strength": 6.557966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.518162, "energy": 31.274658, "activity_lines": [ 52.960863, 53.277713, 53.506699, 53.684022 ] }, { "date": "2023-10-27", "close": 42.644726, "volume": 3429927, "typical_volume": 1294073.4, "trend": 53.407047, "fair_value": 51.696939, "relative_strength": -9.317785, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.91647, "energy": 66.61772, "activity_lines": [ 49.415088, 51.343654, 52.466136, 52.971505 ] }, { "date": "2023-11-03", "close": 42.587479, "volume": 1508845, "typical_volume": 1235767.65, "trend": 53.189438, "fair_value": 51.757034, "relative_strength": -12.755445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.80222, "energy": 77.551953, "activity_lines": [ 46.572107, 49.550096, 51.471456, 52.273469 ] }, { "date": "2023-11-10", "close": 41.976906, "volume": 1153287, "typical_volume": 1242011.3, "trend": 52.835207, "fair_value": 51.791357, "relative_strength": -13.545136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.057922, "energy": 83.018966, "activity_lines": [ 44.276733, 47.833032, 50.458876, 51.55008 ] }, { "date": "2023-11-17", "close": 43.40794, "volume": 965260, "typical_volume": 1159470.5, "trend": 52.580527, "fair_value": 51.827067, "relative_strength": -14.010696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.715787, "energy": 80.111996, "activity_lines": [ 43.253387, 46.629405, 49.637556, 50.941869 ] }, { "date": "2023-11-24", "close": 43.522423, "volume": 641630, "typical_volume": 1175130.05, "trend": 52.132774, "fair_value": 51.846802, "relative_strength": -14.957189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.320072, "energy": 77.287864, "activity_lines": [ 42.999618, 45.638265, 48.886197, 50.357475 ] }, { "date": "2023-12-01", "close": 44.266556, "volume": 1034047, "typical_volume": 1199708.55, "trend": 51.678024, "fair_value": 51.868612, "relative_strength": -14.298397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.921595, "energy": 64.502182, "activity_lines": [ 43.479172, 44.949462, 48.251273, 49.849977 ] }, { "date": "2023-12-08", "close": 47.376659, "volume": 4237593, "typical_volume": 1352263.45, "trend": 51.376235, "fair_value": 51.905928, "relative_strength": -10.770292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.907694, "energy": 41.199766, "activity_lines": [ 44.887305, 44.99352, 47.95003, 49.57247 ] }, { "date": "2023-12-15", "close": 48.416546, "volume": 1067526, "typical_volume": 1352029.85, "trend": 51.091619, "fair_value": 51.945238, "relative_strength": -11.644292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.400022, "energy": 25.198187, "activity_lines": [ 46.322788, 45.344426, 47.7898, 49.381522 ] }, { "date": "2023-12-22", "close": 51.612514, "volume": 2051875, "typical_volume": 1414855.2, "trend": 51.043918, "fair_value": 51.998148, "relative_strength": -5.549742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.809414, "energy": 18.874347, "activity_lines": [ 48.394284, 46.376156, 47.973017, 49.415128 ] }, { "date": "2023-12-29", "close": 52.471134, "volume": 428795, "typical_volume": 1402007.1, "trend": 50.989857, "fair_value": 52.055543, "relative_strength": -4.956354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.477762, "energy": 21.210779, "activity_lines": [ 50.205016, 47.614301, 48.247093, 49.507207 ] }, { "date": "2024-01-05", "close": 49.990681, "volume": 627863, "typical_volume": 1393751.25, "trend": 50.875375, "fair_value": 52.084522, "relative_strength": -7.237183, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.871242, "energy": 21.148771, "activity_lines": [ 50.592349, 48.3711, 48.288571, 49.442744 ] }, { "date": "2024-01-12", "close": 54.61768, "volume": 1107482, "typical_volume": 1312649.55, "trend": 50.994627, "fair_value": 52.142802, "relative_strength": 0.414291, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.106773, "energy": 33.98221, "activity_lines": [ 52.140407, 49.835608, 48.775258, 49.684183 ] }, { "date": "2024-01-19", "close": 50.18148, "volume": 816993, "typical_volume": 1304270.3, "trend": 50.883325, "fair_value": 52.162523, "relative_strength": -5.374221, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.829523, "energy": 24.521935, "activity_lines": [ 51.726996, 50.274804, 48.831272, 49.631722 ] }, { "date": "2024-01-26", "close": 52.709637, "volume": 1361289, "typical_volume": 1291084.45, "trend": 50.779972, "fair_value": 52.226778, "relative_strength": -3.58325, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.338453, "energy": 35.340384, "activity_lines": [ 52.038643, 51.02449, 49.155321, 49.749548 ] }, { "date": "2024-02-02", "close": 59.673988, "volume": 1293000, "typical_volume": 1330657.95, "trend": 50.999397, "fair_value": 52.329208, "relative_strength": 9.022077, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.493506, "energy": 61.506254, "activity_lines": [ 54.598598, 52.871301, 50.148547, 50.323356 ] }, { "date": "2024-02-09", "close": 59.340084, "volume": 1274883, "typical_volume": 1347069.3, "trend": 51.239492, "fair_value": 52.43381, "relative_strength": 8.933762, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.569598, "energy": 65.929193, "activity_lines": [ 56.567062, 54.363736, 51.076809, 50.861464 ] }, { "date": "2024-02-16", "close": 62.774555, "volume": 1840133, "typical_volume": 1393015.95, "trend": 51.458917, "fair_value": 52.5642, "relative_strength": 12.216307, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.75568, "energy": 86.845185, "activity_lines": [ 59.057055, 56.206557, 52.304225, 51.605662 ] }, { "date": "2024-02-23", "close": 62.536053, "volume": 1192414, "typical_volume": 1434530.75, "trend": 51.656082, "fair_value": 52.695696, "relative_strength": 10.283534, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.68272, "energy": 86.392058, "activity_lines": [ 60.923757, 57.726052, 53.466449, 52.320316 ] }, { "date": "2024-03-01", "close": 65.064201, "volume": 2449320, "typical_volume": 1527424.85, "trend": 52.04087, "fair_value": 52.823756, "relative_strength": 13.204729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.793647, "energy": 88.64381, "activity_lines": [ 62.809536, 59.448492, 54.828336, 53.185356 ] }, { "date": "2024-03-08", "close": 62.91766, "volume": 865994, "typical_volume": 1467407.8, "trend": 52.363647, "fair_value": 52.926078, "relative_strength": 8.113321, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.599716, "energy": 80.115732, "activity_lines": [ 63.156164, 60.536076, 55.934909, 53.887084 ] }, { "date": "2024-03-15", "close": 63.967083, "volume": 1886623, "typical_volume": 1390242.6, "trend": 52.797726, "fair_value": 53.045308, "relative_strength": 7.64953, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.731947, "energy": 69.402236, "activity_lines": [ 63.636355, 61.624527, 57.083732, 54.635693 ] }, { "date": "2024-03-22", "close": 65.827423, "volume": 1592259, "typical_volume": 1394413.3, "trend": 53.228625, "fair_value": 53.183769, "relative_strength": 10.45134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.221612, "energy": 65.081117, "activity_lines": [ 64.428192, 62.797106, 58.308195, 55.476319 ] }, { "date": "2024-03-29", "close": 66.781441, "volume": 538441, "typical_volume": 1363671.0, "trend": 53.591153, "fair_value": 53.337808, "relative_strength": 12.441477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.599474, "energy": 61.570993, "activity_lines": [ 65.334511, 63.939328, 59.51285, 56.350694 ] }, { "date": "2024-04-05", "close": 65.064201, "volume": 1161989, "typical_volume": 1373507.45, "trend": 53.961631, "fair_value": 53.45952, "relative_strength": 9.82631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.14958, "energy": 56.04241, "activity_lines": [ 65.385391, 64.467508, 60.435842, 57.090891 ] }, { "date": "2024-04-12", "close": 64.968796, "volume": 728851, "typical_volume": 1377868.5, "trend": 54.37027, "fair_value": 53.580619, "relative_strength": 9.344534, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.250817, "energy": 53.962637, "activity_lines": [ 65.404469, 64.753713, 61.246622, 57.80103 ] }, { "date": "2024-04-19", "close": 61.915943, "volume": 689268, "typical_volume": 1360629.55, "trend": 54.651706, "fair_value": 53.675681, "relative_strength": 4.240411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.763872, "energy": 41.327996, "activity_lines": [ 64.269187, 64.388584, 61.66453, 58.287848 ] }, { "date": "2024-04-26", "close": 66.802986, "volume": 1241780, "typical_volume": 1210838.9, "trend": 55.083324, "fair_value": 53.783506, "relative_strength": 9.929837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.375748, "energy": 43.253476, "activity_lines": [ 64.899662, 64.865175, 62.463825, 59.071801 ] }, { "date": "2024-05-03", "close": 70.760971, "volume": 820085, "typical_volume": 1198466.85, "trend": 55.645284, "fair_value": 53.903227, "relative_strength": 17.060217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.311906, "energy": 52.679523, "activity_lines": [ 66.784428, 65.988156, 63.547564, 60.083262 ] }, { "date": "2024-05-10", "close": 72.112473, "volume": 1946678, "typical_volume": 1193207.0, "trend": 56.236394, "fair_value": 54.0379, "relative_strength": 15.105596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.292243, "energy": 57.106234, "activity_lines": [ 68.854393, 67.20732, 64.653616, 61.145662 ] }, { "date": "2024-05-17", "close": 70.27829, "volume": 1159321, "typical_volume": 1229733.3, "trend": 56.885617, "fair_value": 54.153329, "relative_strength": 13.091245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.815035, "energy": 69.909888, "activity_lines": [ 69.843078, 67.964846, 65.487366, 62.051591 ] }, { "date": "2024-05-24", "close": 65.837624, "volume": 1296234, "typical_volume": 1263151.85, "trend": 57.658714, "fair_value": 54.234603, "relative_strength": 4.898075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.478044, "energy": 57.162058, "activity_lines": [ 68.997575, 67.781148, 65.813398, 62.629139 ] }, { "date": "2024-05-31", "close": 66.899529, "volume": 1787560, "typical_volume": 1297155.75, "trend": 58.469115, "fair_value": 54.291542, "relative_strength": 7.244366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.753781, "energy": 42.796328, "activity_lines": [ 68.244595, 67.756514, 66.165103, 63.225321 ] }, { "date": "2024-06-07", "close": 67.768341, "volume": 6157972, "typical_volume": 1564204.7, "trend": 59.32883, "fair_value": 54.351656, "relative_strength": 7.60359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.070745, "energy": 29.565639, "activity_lines": [ 67.774783, 67.870354, 66.541067, 63.825271 ] }, { "date": "2024-06-14", "close": 67.864883, "volume": 1515568, "typical_volume": 1571918.65, "trend": 60.144061, "fair_value": 54.427959, "relative_strength": 9.966541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.330222, "energy": 22.618268, "activity_lines": [ 67.53666, 67.983802, 66.842478, 64.375984 ] }, { "date": "2024-06-21", "close": 73.367439, "volume": 2351028, "typical_volume": 1624820.05, "trend": 61.138895, "fair_value": 54.525161, "relative_strength": 17.891158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.880411, "energy": 41.557595, "activity_lines": [ 69.415895, 69.046794, 67.595775, 65.229105 ] }, { "date": "2024-06-28", "close": 67.961418, "volume": 848271, "typical_volume": 1603489.45, "trend": 61.928724, "fair_value": 54.592202, "relative_strength": 9.189316, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.69232, "energy": 33.229003, "activity_lines": [ 69.28718, 68.974171, 67.769005, 65.669268 ] }, { "date": "2024-07-05", "close": 67.38221, "volume": 348215, "typical_volume": 1528893.55, "trend": 62.595575, "fair_value": 54.654032, "relative_strength": 8.571336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.556476, "energy": 29.86807, "activity_lines": [ 68.82381, 68.686319, 67.846019, 66.021106 ] }, { "date": "2024-07-12", "close": 67.768341, "volume": 598747, "typical_volume": 1499210.2, "trend": 63.240635, "fair_value": 54.715043, "relative_strength": 5.902955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.261618, "energy": 23.261757, "activity_lines": [ 68.456971, 68.458141, 67.937866, 66.354833 ] }, { "date": "2024-07-19", "close": 65.065338, "volume": 542762, "typical_volume": 1403882.3, "trend": 63.689063, "fair_value": 54.73088, "relative_strength": 4.044465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.948671, "energy": 12.626276, "activity_lines": [ 67.189131, 67.79292, 67.747368, 66.472555 ] }, { "date": "2024-07-26", "close": 63.906898, "volume": 654023, "typical_volume": 1393283.75, "trend": 64.070255, "fair_value": 54.757257, "relative_strength": 1.897616, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.122349, "energy": 11.796162, "activity_lines": [ 65.72178, 67.045203, 67.446538, 66.486609 ] }, { "date": "2024-08-02", "close": 61.107357, "volume": 648904, "typical_volume": 1331397.8, "trend": 64.440811, "fair_value": 54.750717, "relative_strength": 1.80323, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.868387, "energy": 33.081668, "activity_lines": [ 63.951952, 65.904322, 66.874373, 66.295455 ] }, { "date": "2024-08-09", "close": 60.914284, "volume": 474355, "typical_volume": 1275502.6, "trend": 64.650698, "fair_value": 54.736052, "relative_strength": 1.779151, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.744764, "energy": 50.910147, "activity_lines": [ 62.574704, 64.814342, 66.297439, 66.067937 ] }, { "date": "2024-08-16", "close": 62.07272, "volume": 1066780, "typical_volume": 1301919.55, "trend": 65.047072, "fair_value": 54.732705, "relative_strength": 0.60388, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.298403, "energy": 54.063453, "activity_lines": [ 62.014796, 64.043809, 65.854228, 65.901616 ] }, { "date": "2024-08-23", "close": 64.19651, "volume": 316024, "typical_volume": 1259621.3, "trend": 65.429968, "fair_value": 54.745967, "relative_strength": 2.944151, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.836094, "energy": 47.277043, "activity_lines": [ 62.542526, 63.762976, 65.635705, 65.846741 ] }, { "date": "2024-08-30", "close": 68.154495, "volume": 624631, "typical_volume": 1254410.3, "trend": 65.712652, "fair_value": 54.783702, "relative_strength": 7.688453, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.727128, "energy": 8.623385, "activity_lines": [ 64.447507, 64.268475, 65.798264, 66.022517 ] }, { "date": "2024-09-06", "close": 64.582657, "volume": 924516, "typical_volume": 1266172.7, "trend": 65.887404, "fair_value": 54.788659, "relative_strength": 6.669028, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.687404, "energy": 7.344395, "activity_lines": [ 64.878701, 64.21933, 65.605479, 65.949614 ] }, { "date": "2024-09-13", "close": 65.065338, "volume": 1531606, "typical_volume": 1280664.0, "trend": 65.963763, "fair_value": 54.809586, "relative_strength": 5.439779, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.156433, "energy": 18.936154, "activity_lines": [ 65.239103, 64.319376, 65.445965, 65.896577 ] }, { "date": "2024-09-20", "close": 64.968803, "volume": 934289, "typical_volume": 1286374.2, "trend": 66.044855, "fair_value": 54.831092, "relative_strength": 3.039536, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.024763, "energy": 18.281606, "activity_lines": [ 65.290589, 64.443996, 65.285531, 65.832386 ] }, { "date": "2024-09-27", "close": 64.679192, "volume": 763170, "typical_volume": 1227198.8, "trend": 66.032021, "fair_value": 54.869607, "relative_strength": 0.274563, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.677495, "energy": 12.895335, "activity_lines": [ 65.052466, 64.56686, 65.125097, 65.744279 ] }, { "date": "2024-10-04", "close": 64.003441, "volume": 496592, "typical_volume": 1194062.35, "trend": 66.068214, "fair_value": 54.914569, "relative_strength": 0.620579, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.640653, "energy": 19.593792, "activity_lines": [ 64.556914, 64.573881, 64.935703, 65.613403 ] }, { "date": "2024-10-11", "close": 64.19651, "volume": 279970, "typical_volume": 1143249.15, "trend": 66.075862, "fair_value": 54.913458, "relative_strength": 1.51473, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.519984, "energy": 21.318126, "activity_lines": [ 64.402456, 64.61425, 64.794576, 65.492648 ] }, { "date": "2024-10-18", "close": 66.127243, "volume": 376244, "typical_volume": 1072683.35, "trend": 66.085856, "fair_value": 54.930413, "relative_strength": 4.257707, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.023179, "energy": 11.965224, "activity_lines": [ 64.917318, 64.949496, 64.845144, 65.495963 ] }, { "date": "2024-10-25", "close": 67.189133, "volume": 420511, "typical_volume": 785810.3, "trend": 66.099445, "fair_value": 54.964654, "relative_strength": 5.589786, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.816181, "energy": 6.288983, "activity_lines": [ 65.715349, 65.38303, 65.000521, 65.567142 ] }, { "date": "2024-11-01", "close": 71.726326, "volume": 690131, "typical_volume": 744538.45, "trend": 66.321516, "fair_value": 55.038162, "relative_strength": 13.551729, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.413118, "energy": 43.949944, "activity_lines": [ 67.877757, 66.548484, 65.59077, 65.930166 ] }, { "date": "2024-11-08", "close": 70.857513, "volume": 650264, "typical_volume": 659500.25, "trend": 66.517807, "fair_value": 55.094122, "relative_strength": 11.428767, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.577507, "energy": 53.146463, "activity_lines": [ 69.280751, 67.419066, 66.079887, 66.222811 ] }, { "date": "2024-11-15", "close": 63.713837, "volume": 1282650, "typical_volume": 681219.2, "trend": 66.577737, "fair_value": 55.121957, "relative_strength": 1.696774, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 1.695236, "energy": 28.706438, "activity_lines": [ 67.845582, 66.941651, 65.900606, 66.04191 ] }, { "date": "2024-11-22", "close": 63.520763, "volume": 590210, "typical_volume": 693318.95, "trend": 66.468329, "fair_value": 55.169215, "relative_strength": 0.776902, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.690104, "energy": 17.848322, "activity_lines": [ 66.378232, 66.444929, 65.723164, 65.844686 ] }, { "date": "2024-11-29", "close": 67.575279, "volume": 1656595, "typical_volume": 746211.35, "trend": 66.362139, "fair_value": 55.24456, "relative_strength": 6.630499, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.798649, "energy": 6.919249, "activity_lines": [ 66.436154, 66.713475, 65.950254, 65.916102 ] }, { "date": "2024-12-06", "close": 66.899529, "volume": 834547, "typical_volume": 760800.6, "trend": 66.188375, "fair_value": 55.318867, "relative_strength": 1.115285, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.982201, "energy": 9.842593, "activity_lines": [ 66.243082, 66.811767, 66.113906, 65.950772 ] }, { "date": "2024-12-13", "close": 67.092598, "volume": 976710, "typical_volume": 776934.95, "trend": 66.082185, "fair_value": 55.417468, "relative_strength": 3.237778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.192808, "energy": 5.918365, "activity_lines": [ 66.436154, 66.904793, 66.287211, 66.009109 ] }, { "date": "2024-12-20", "close": 66.320305, "volume": 849648, "typical_volume": 786972.15, "trend": 66.098274, "fair_value": 55.465305, "relative_strength": 5.014055, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.922293, "energy": 6.597087, "activity_lines": [ 66.622788, 66.801235, 66.371795, 66.024472 ] }, { "date": "2024-12-27", "close": 67.092598, "volume": 148136, "typical_volume": 770661.2, "trend": 66.10471, "fair_value": 55.519589, "relative_strength": 5.172695, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.039616, "energy": 11.222211, "activity_lines": [ 66.893089, 66.79948, 66.505107, 66.088622 ] }, { "date": "2025-01-03", "close": 66.609917, "volume": 387833, "typical_volume": 736713.85, "trend": 66.066096, "fair_value": 55.558802, "relative_strength": 3.13546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.223434, "energy": 19.11012, "activity_lines": [ 66.764374, 66.692412, 66.563029, 66.121216 ] }, { "date": "2025-01-10", "close": 63.520763, "volume": 1816542, "typical_volume": 811739.75, "trend": 65.921292, "fair_value": 55.587795, "relative_strength": -2.272551, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.680053, "energy": 9.088171, "activity_lines": [ 65.670299, 66.034211, 66.305139, 65.957001 ] }, { "date": "2025-01-17", "close": 67.478745, "volume": 531465, "typical_volume": 807081.45, "trend": 65.725002, "fair_value": 55.658029, "relative_strength": -0.192743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.668346, "energy": 11.565309, "activity_lines": [ 66.120802, 66.244836, 66.427419, 66.057482 ] }, { "date": "2025-01-24", "close": 72.691696, "volume": 791795, "typical_volume": 800445.4, "trend": 65.882678, "fair_value": 55.731736, "relative_strength": 5.020535, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.862207, "energy": 39.961266, "activity_lines": [ 68.283212, 67.464702, 67.049387, 66.506946 ] }, { "date": "2025-01-31", "close": 74.139732, "volume": 1481562, "typical_volume": 797943.2, "trend": 66.107929, "fair_value": 55.835985, "relative_strength": 6.877067, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.494315, "energy": 61.695076, "activity_lines": [ 70.503541, 68.784613, 67.77065, 67.039659 ] }, { "date": "2025-02-07", "close": 71.726326, "volume": 709892, "typical_volume": 786723.35, "trend": 66.239862, "fair_value": 55.928058, "relative_strength": 4.453111, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.854661, "energy": 64.359729, "activity_lines": [ 71.449593, 69.472651, 68.218853, 67.402136 ] }, { "date": "2025-02-14", "close": 72.9813, "volume": 1825009, "typical_volume": 839815.3, "trend": 66.503727, "fair_value": 56.059017, "relative_strength": 3.198509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.47336, "energy": 72.068427, "activity_lines": [ 72.472876, 70.313393, 68.754398, 67.837068 ] }, { "date": "2025-02-21", "close": 73.753593, "volume": 681570, "typical_volume": 849064.2, "trend": 66.83195, "fair_value": 56.206306, "relative_strength": 3.905122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.883048, "energy": 71.813559, "activity_lines": [ 73.122887, 71.183974, 69.323962, 68.304801 ] }, { "date": "2025-02-28", "close": 72.691696, "volume": 709056, "typical_volume": 870518.5, "trend": 67.218095, "fair_value": 56.38326, "relative_strength": 2.373988, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.913804, "energy": 58.43749, "activity_lines": [ 73.000609, 71.740374, 69.745963, 68.682849 ] }, { "date": "2025-03-07", "close": 69.892151, "volume": 599702, "typical_volume": 881691.4, "trend": 67.517357, "fair_value": 56.507593, "relative_strength": -1.75437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.431677, "energy": 36.395324, "activity_lines": [ 71.94515, 71.671922, 69.860887, 68.855369 ] }, { "date": "2025-03-14", "close": 66.609917, "volume": 798814, "typical_volume": 900606.55, "trend": 67.668597, "fair_value": 56.577049, "relative_strength": -4.704289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.159784, "energy": 12.793949, "activity_lines": [ 70.078784, 70.955799, 69.64529, 68.796824 ] }, { "date": "2025-03-21", "close": 65.451485, "volume": 725442, "typical_volume": 902372.1, "trend": 67.710429, "fair_value": 56.667226, "relative_strength": -4.397117, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.598561, "energy": 16.564542, "activity_lines": [ 68.167369, 70.029052, 69.322123, 68.653785 ] }, { "date": "2025-03-28", "close": 62.651939, "volume": 730455, "typical_volume": 906381.65, "trend": 67.527011, "fair_value": 56.717299, "relative_strength": -5.234759, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.081423, "energy": 32.97737, "activity_lines": [ 65.824759, 68.558193, 68.762214, 68.327431 ] }, { "date": "2025-04-04", "close": 54.929047, "volume": 2885459, "typical_volume": 986522.1, "trend": 67.205224, "fair_value": 56.735833, "relative_strength": -7.503561, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -58.726706, "energy": 65.777708, "activity_lines": [ 61.647962, 65.770932, 67.505865, 67.514659 ] }, { "date": "2025-04-11", "close": 52.612179, "volume": 950718, "typical_volume": 1004547.5, "trend": 66.790119, "fair_value": 56.746402, "relative_strength": -10.844112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.279369, "energy": 87.217752, "activity_lines": [ 57.883052, 62.885379, 66.070695, 66.573172 ] }, { "date": "2025-04-18", "close": 53.384468, "volume": 435539, "typical_volume": 943494.7, "trend": 66.403974, "fair_value": 56.759227, "relative_strength": -12.394737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.501547, "energy": 88.729353, "activity_lines": [ 55.527571, 60.531653, 64.761021, 65.708291 ] }, { "date": "2025-04-25", "close": 54.832512, "volume": 1245011, "typical_volume": 964017.9, "trend": 66.075751, "fair_value": 56.775931, "relative_strength": -12.435809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.437687, "energy": 85.252469, "activity_lines": [ 54.536467, 58.774696, 63.656832, 64.961745 ] }, { "date": "2025-05-02", "close": 56.666698, "volume": 625774, "typical_volume": 946471.1, "trend": 65.831193, "fair_value": 56.821615, "relative_strength": -10.490536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.189315, "energy": 79.373906, "activity_lines": [ 54.86469, 57.681205, 62.784789, 64.35471 ] }, { "date": "2025-05-09", "close": 58.284409, "volume": 1320728, "typical_volume": 970025.1, "trend": 65.634123, "fair_value": 56.836878, "relative_strength": -7.172208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.270927, "energy": 52.336382, "activity_lines": [ 56.131166, 57.192514, 62.116461, 63.86782 ] }, { "date": "2025-05-16", "close": 62.006775, "volume": 2027013, "typical_volume": 1063968.95, "trend": 65.496774, "fair_value": 56.889902, "relative_strength": -4.746018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.769166, "energy": 33.229983, "activity_lines": [ 58.41474, 57.642567, 61.84091, 63.633798 ] }, { "date": "2025-05-23", "close": 62.20269, "volume": 1416685, "typical_volume": 1115411.55, "trend": 65.33056, "fair_value": 56.922426, "relative_strength": -1.960217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.603564, "energy": 23.421105, "activity_lines": [ 60.137312, 58.271612, 61.608236, 63.421276 ] }, { "date": "2025-05-30", "close": 63.77, "volume": 1139971, "typical_volume": 1081583.0, "trend": 65.065349, "fair_value": 56.955026, "relative_strength": -0.142911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.564543, "energy": 24.521082, "activity_lines": [ 61.79444, 59.265754, 61.545817, 63.320595 ] }, { "date": "2025-06-06", "close": 63.37817, "volume": 841554, "typical_volume": 1097087.45, "trend": 64.816037, "fair_value": 56.984208, "relative_strength": -1.707567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.001603, "energy": 24.258735, "activity_lines": [ 62.725125, 60.219226, 61.444893, 63.211745 ] }, { "date": "2025-06-13", "close": 60.243549, "volume": 2775654, "typical_volume": 1196280.4, "trend": 64.700361, "fair_value": 57.019584, "relative_strength": -4.073395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.883871, "energy": 20.76889, "activity_lines": [ 62.163505, 60.589563, 61.064961, 62.916746 ] }, { "date": "2025-06-20", "close": 60.733334, "volume": 2596424, "typical_volume": 1252023.5, "trend": 64.607447, "fair_value": 57.06384, "relative_strength": -2.529982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.962391, "energy": 13.67088, "activity_lines": [ 61.634538, 60.952325, 60.790951, 62.660808 ] }, { "date": "2025-06-27", "close": 67.002586, "volume": 1061539, "typical_volume": 1269605.85, "trend": 64.588357, "fair_value": 57.155838, "relative_strength": 4.976047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.964796, "energy": 10.904625, "activity_lines": [ 63.280217, 62.307293, 61.177854, 62.815334 ] }, { "date": "2025-07-04", "close": 67.590324, "volume": 617053, "typical_volume": 1209208.05, "trend": 64.611383, "fair_value": 57.21746, "relative_strength": 5.585417, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.681681, "energy": 26.929602, "activity_lines": [ 64.801816, 63.521521, 61.643225, 63.009009 ] }, { "date": "2025-07-11", "close": 67.002586, "volume": 543765, "typical_volume": 1202317.8, "trend": 64.608383, "fair_value": 57.269271, "relative_strength": 3.285816, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.80631, "energy": 45.221657, "activity_lines": [ 65.872813, 64.396927, 62.078293, 63.16328 ] }, { "date": "2025-07-18", "close": 68.178062, "volume": 632528, "typical_volume": 1198491.4, "trend": 64.670308, "fair_value": 57.325595, "relative_strength": 4.914174, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.989261, "energy": 54.9869, "activity_lines": [ 67.094009, 65.29813, 62.657458, 63.393582 ] }, { "date": "2025-07-25", "close": 66.02301, "volume": 884212, "typical_volume": 1212716.9, "trend": 64.634655, "fair_value": 57.373544, "relative_strength": -0.767265, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.383534, "energy": 46.785669, "activity_lines": [ 67.067886, 65.627622, 63.052874, 63.480853 ] }, { "date": "2025-08-01", "close": 63.77, "volume": 322682, "typical_volume": 1188910.3, "trend": 64.539991, "fair_value": 57.421857, "relative_strength": -1.431843, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.472326, "energy": 21.187066, "activity_lines": [ 65.938115, 65.474452, 63.252142, 63.425069 ] }, { "date": "2025-08-08", "close": 63.37817, "volume": 494087, "typical_volume": 1177342.55, "trend": 64.535238, "fair_value": 57.455571, "relative_strength": -4.61823, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.138528, "energy": 10.972324, "activity_lines": [ 64.893239, 65.221545, 63.427616, 63.350112 ] }, { "date": "2025-08-15", "close": 62.300644, "volume": 480194, "typical_volume": 1164829.5, "trend": 64.362635, "fair_value": 57.499601, "relative_strength": -7.515583, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -3.051018, "energy": 10.776435, "activity_lines": [ 63.769999, 64.779848, 63.510341, 63.205945 ] }, { "date": "2025-08-22", "close": 61.908817, "volume": 1082398, "typical_volume": 1074676.45, "trend": 64.003206, "fair_value": 57.571939, "relative_strength": -9.619134, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.546426, "energy": 18.694725, "activity_lines": [ 62.829612, 64.2865, 63.557423, 63.047634 ] }, { "date": "2025-08-29", "close": 60.145596, "volume": 857368, "typical_volume": 1070008.95, "trend": 63.536734, "fair_value": 57.647175, "relative_strength": -9.836834, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.041698, "energy": 31.507131, "activity_lines": [ 61.719435, 63.44229, 63.403342, 62.798756 ] }, { "date": "2025-09-05", "close": 59.55785, "volume": 1886143, "typical_volume": 1142539.15, "trend": 63.131119, "fair_value": 57.715924, "relative_strength": -10.522865, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.334044, "energy": 40.653787, "activity_lines": [ 60.80517, 62.501903, 63.157411, 62.542054 ] }, { "date": "2025-09-12", "close": 59.068066, "volume": 665483, "typical_volume": 1113562.75, "trend": 62.667344, "fair_value": 57.7964, "relative_strength": -11.325375, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.549466, "energy": 52.178142, "activity_lines": [ 60.008453, 61.607823, 62.835438, 62.279922 ] }, { "date": "2025-09-19", "close": 59.361935, "volume": 1185832, "typical_volume": 1141565.65, "trend": 62.187622, "fair_value": 57.911997, "relative_strength": -11.070322, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.044216, "energy": 52.653722, "activity_lines": [ 59.597033, 60.922124, 62.521282, 62.066669 ] }, { "date": "2025-09-26", "close": 58.480324, "volume": 1067530, "typical_volume": 1128905.75, "trend": 61.71391, "fair_value": 58.01191, "relative_strength": -12.171935, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.298958, "energy": 52.241654, "activity_lines": [ 59.087657, 60.215053, 62.110329, 61.827489 ] }, { "date": "2025-10-03", "close": 61.516991, "volume": 952928, "typical_volume": 1075201.5, "trend": 61.434738, "fair_value": 58.128268, "relative_strength": -10.327366, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.823673, "energy": 28.95674, "activity_lines": [ 59.819069, 60.236425, 61.98765, 61.814784 ] }, { "date": "2025-10-10", "close": 62.692474, "volume": 3951817, "typical_volume": 1201958.1, "trend": 61.304156, "fair_value": 58.259534, "relative_strength": -7.773253, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.184416, "energy": 8.348767, "activity_lines": [ 60.850883, 60.55345, 61.979254, 61.895929 ] }, { "date": "2025-10-17", "close": 64.357742, "volume": 730215, "typical_volume": 1181470.3, "trend": 61.267698, "fair_value": 58.39954, "relative_strength": -4.988476, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.843401, "energy": 17.666289, "activity_lines": [ 62.228811, 61.192842, 62.127122, 62.092934 ] }, { "date": "2025-10-24", "close": 69.255592, "volume": 3080352, "typical_volume": 1293410.2, "trend": 61.48782, "fair_value": 58.578316, "relative_strength": -0.812848, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.119923, "energy": 50.248406, "activity_lines": [ 64.88671, 62.704941, 62.738654, 62.608282 ] }, { "date": "2025-10-31", "close": 64.847527, "volume": 1374104, "typical_volume": 1223332.7, "trend": 61.818436, "fair_value": 58.743097, "relative_strength": -6.128414, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.269593, "energy": 48.682168, "activity_lines": [ 65.415678, 63.289121, 62.902382, 62.825037 ] }, { "date": "2025-11-07", "close": 63.476131, "volume": 1995746, "typical_volume": 1193298.8, "trend": 62.180568, "fair_value": 58.882045, "relative_strength": -6.650645, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.193422, "energy": 46.7961, "activity_lines": [ 65.063033, 63.570525, 62.913577, 62.931986 ] }, { "date": "2025-11-14", "close": 65.043442, "volume": 719486, "typical_volume": 1176196.15, "trend": 62.5692, "fair_value": 59.038533, "relative_strength": -5.047119, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.482381, "energy": 46.443998, "activity_lines": [ 65.102216, 64.076339, 63.060979, 63.116687 ] }, { "date": "2025-11-21", "close": 63.084305, "volume": 753675, "typical_volume": 1183027.25, "trend": 62.84426, "fair_value": 59.17654, "relative_strength": -5.798001, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.901063, "energy": 19.759826, "activity_lines": [ 64.331622, 64.126209, 63.031126, 63.14992 ] }, { "date": "2025-11-28", "close": 65.533226, "volume": 643431, "typical_volume": 1188010.55, "trend": 63.139811, "fair_value": 59.326983, "relative_strength": -4.996438, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.178937, "energy": 17.586415, "activity_lines": [ 64.462231, 64.548314, 63.25596, 63.323401 ] }, { "date": "2025-12-05", "close": 63.867954, "volume": 1276336, "typical_volume": 1220200.95, "trend": 63.325929, "fair_value": 59.459015, "relative_strength": -8.470114, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.396889, "energy": 13.992908, "activity_lines": [ 64.285907, 64.555437, 63.329194, 63.370378 ] }, { "date": "2025-12-12", "close": 65.239357, "volume": 2493328, "typical_volume": 1300656.75, "trend": 63.433682, "fair_value": 59.615913, "relative_strength": -6.090609, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.987303, "energy": 18.420461, "activity_lines": [ 64.632022, 64.71395, 63.553563, 63.493825 ] }, { "date": "2025-12-19", "close": 61.908817, "volume": 1581252, "typical_volume": 1363585.25, "trend": 63.423886, "fair_value": 59.745056, "relative_strength": -11.172656, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.721429, "energy": 3.711188, "activity_lines": [ 63.750409, 64.19923, 63.464468, 63.395447 ] }, { "date": "2025-12-26", "close": 62.692474, "volume": 260227, "typical_volume": 1351892.25, "trend": 63.387968, "fair_value": 59.882123, "relative_strength": -9.946505, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.657574, "energy": 5.900083, "activity_lines": [ 63.33899, 63.841242, 63.458871, 63.348259 ] }, { "date": "2026-01-02", "close": 62.496559, "volume": 555769, "typical_volume": 1355671.0, "trend": 63.358581, "fair_value": 60.011649, "relative_strength": -10.88924, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.01202, "energy": 8.649685, "activity_lines": [ 62.888387, 63.477911, 63.43788, 63.290749 ] }, { "date": "2026-01-09", "close": 62.888386, "volume": 899835, "typical_volume": 1346542.85, "trend": 63.446743, "fair_value": 60.11172, "relative_strength": -12.869163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.74069, "energy": 14.808116, "activity_lines": [ 62.770839, 63.308712, 63.453273, 63.260414 ] }, { "date": "2026-01-16", "close": 61.125164, "volume": 1416543, "typical_volume": 1374501.6, "trend": 63.459804, "fair_value": 60.189005, "relative_strength": -16.735147, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.508832, "energy": 30.724708, "activity_lines": [ 62.130854, 62.854548, 63.296075, 63.110634 ] }, { "date": "2026-01-23", "close": 58.87215, "volume": 1664254, "typical_volume": 1363407.15, "trend": 63.188789, "fair_value": 60.244294, "relative_strength": -18.628329, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.126941, "energy": 50.583507, "activity_lines": [ 61.014144, 62.03349, 62.919641, 62.814657 ] }, { "date": "2026-01-30", "close": 60.243549, "volume": 1996728, "typical_volume": 1429969.4, "trend": 62.943897, "fair_value": 60.298101, "relative_strength": -16.56369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.559683, "energy": 50.855149, "activity_lines": [ 60.557011, 61.573983, 62.67708, 62.624641 ] }, { "date": "2026-02-06", "close": 60.537418, "volume": 1747655, "typical_volume": 1458060.55, "trend": 62.728391, "fair_value": 60.360137, "relative_strength": -18.166497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.136042, "energy": 54.536404, "activity_lines": [ 60.361097, 61.219556, 62.45691, 62.469384 ] }, { "date": "2026-02-13", "close": 58.284409, "volume": 1010525, "typical_volume": 1455210.3, "trend": 62.398603, "fair_value": 60.407429, "relative_strength": -20.668328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.043223, "energy": 61.109363, "activity_lines": [ 59.544789, 60.546325, 62.01657, 62.182676 ] }, { "date": "2026-02-20", "close": 57.206882, "volume": 1012538, "typical_volume": 1458190.8, "trend": 62.104732, "fair_value": 60.455669, "relative_strength": -23.050103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.623899, "energy": 64.543927, "activity_lines": [ 58.676237, 59.778698, 61.474542, 61.847726 ] }, { "date": "2026-02-27", "close": 58.186455, "volume": 1601515, "typical_volume": 1340675.7, "trend": 61.918614, "fair_value": 60.496894, "relative_strength": -22.207584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.713166, "energy": 61.049192, "activity_lines": [ 58.395428, 59.335221, 61.04633, 61.594934 ] }, { "date": "2026-03-06", "close": 55.247746, "volume": 1681283, "typical_volume": 1388229.1, "trend": 61.647599, "fair_value": 60.527742, "relative_strength": -21.173744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.772358, "energy": 75.071061, "activity_lines": [ 57.180762, 58.425112, 60.359698, 61.164556 ] }, { "date": "2026-03-13", "close": 52.896774, "volume": 1820071, "typical_volume": 1325215.05, "trend": 61.334137, "fair_value": 60.570471, "relative_strength": -23.566492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.537449, "energy": 85.453133, "activity_lines": [ 55.515493, 57.222912, 59.492546, 60.599986 ] }, { "date": "2026-03-20", "close": 51.035591, "volume": 1260459, "typical_volume": 1319532.8, "trend": 60.971696, "fair_value": 60.593957, "relative_strength": -21.826628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.771022, "energy": 92.262678, "activity_lines": [ 53.739205, 55.856857, 58.526037, 59.935564 ] }, { "date": "2026-03-27", "close": 48.243816, "volume": 1770624, "typical_volume": 1308276.7, "trend": 60.57497, "fair_value": 60.575677, "relative_strength": -25.593624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.21085, "energy": 95.219472, "activity_lines": [ 51.515581, 54.198712, 57.359415, 59.11441 ] }, { "date": "2026-04-03", "close": 49.468281, "volume": 3270756, "typical_volume": 1435840.2, "trend": 60.238651, "fair_value": 60.577937, "relative_strength": -25.861313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.247943, "energy": 89.767235, "activity_lines": [ 50.297649, 52.997403, 56.381945, 58.39785 ] }, { "date": "2026-04-10", "close": 53.876347, "volume": 2017631, "typical_volume": 1499038.0, "trend": 60.065594, "fair_value": 60.586094, "relative_strength": -22.617123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.380192, "energy": 70.482583, "activity_lines": [ 51.130284, 52.768541, 55.898457, 57.987379 ] }, { "date": "2026-04-17", "close": 54.072258, "volume": 968881, "typical_volume": 1515310.5, "trend": 59.889271, "fair_value": 60.605478, "relative_strength": -23.727087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.542396, "energy": 53.334949, "activity_lines": [ 52.11965, 52.691065, 55.477475, 57.600712 ] }, { "date": "2026-04-24", "close": 52.309036, "volume": 900131, "typical_volume": 1496500.25, "trend": 59.683562, "fair_value": 60.575696, "relative_strength": -23.909755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.699747, "energy": 41.079761, "activity_lines": [ 52.442909, 52.410553, 54.943143, 57.111664 ] }, { "date": "2026-05-01", "close": 45.305107, "volume": 3012075, "typical_volume": 1522437.6, "trend": 59.143166, "fair_value": 60.494902, "relative_strength": -32.744947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.914736, "energy": 57.203592, "activity_lines": [ 50.346629, 50.965242, 53.796813, 56.184022 ] }, { "date": "2026-05-08", "close": 45.5, "volume": 1699563, "typical_volume": 1528353.15, "trend": 58.570083, "fair_value": 60.424836, "relative_strength": -32.212872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.106016, "energy": 63.618285, "activity_lines": [ 48.511227, 49.771761, 52.763969, 55.303818 ] }, { "date": "2026-05-15", "close": 44.0, "volume": 1470182, "typical_volume": 1588850.9, "trend": 57.891492, "fair_value": 60.341791, "relative_strength": -33.060869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.211424, "energy": 89.334215, "activity_lines": [ 46.440377, 48.536217, 51.666406, 54.363812 ] }, { "date": "2026-05-22", "close": 45.049999, "volume": 4864260, "typical_volume": 1804275.45, "trend": 57.084639, "fair_value": 60.29055, "relative_strength": -33.214184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.654816, "energy": 86.941642, "activity_lines": [ 45.37795, 47.696085, 50.757853, 53.535329 ] }, { "date": "2026-05-29", "close": 48.450001, "volume": 6890162, "typical_volume": 2103791.8, "trend": 56.538054, "fair_value": 60.254377, "relative_strength": -27.330811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.536777, "energy": 68.188934, "activity_lines": [ 46.050341, 47.616805, 50.25619, 52.978256 ] }, { "date": "2026-06-05", "close": 47.700001, "volume": 1329941, "typical_volume": 2099461.7, "trend": 56.012183, "fair_value": 60.217677, "relative_strength": -27.31109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.187654, "energy": 53.156993, "activity_lines": [ 46.73, 47.448172, 49.751852, 52.408059 ] }, { "date": "2026-06-12", "close": 45.900002, "volume": 265310, "typical_volume": 2029514.5, "trend": 55.374069, "fair_value": 60.184728, "relative_strength": -29.361423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.9346, "energy": 48.523917, "activity_lines": [ 46.650001, 46.962153, 49.140015, 51.75566 ] }, { "date": "2026-06-19", "close": 45.799999, "volume": 1099901, "typical_volume": 1984673.15, "trend": 54.797925, "fair_value": 60.135237, "relative_strength": -30.289548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.062261, "energy": 43.932719, "activity_lines": [ 46.51, 46.52283, 48.580426, 51.137978 ] }, { "date": "2026-06-26", "close": 42.400002, "volume": 359075, "typical_volume": 1915244.15, "trend": 54.026818, "fair_value": 60.049274, "relative_strength": -34.136712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.731523, "energy": 57.093304, "activity_lines": [ 45.116668, 45.612169, 47.765806, 50.338112 ] }, { "date": "2026-07-03", "close": 44.849998, "volume": 220488, "typical_volume": 1875742.3, "trend": 53.392886, "fair_value": 59.996446, "relative_strength": -31.491951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.827449, "energy": 52.685638, "activity_lines": [ 44.716667, 45.359184, 47.270889, 49.746059 ] }, { "date": "2026-07-10", "close": 44.150002, "volume": 1052881, "typical_volume": 1877759.45, "trend": 52.689907, "fair_value": 59.945246, "relative_strength": -30.264575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.92214, "energy": 61.098167, "activity_lines": [ 44.323334, 45.114546, 46.773278, 49.149744 ] }, { "date": "2026-07-17", "close": 44.150002, "volume": 780884, "typical_volume": 1836727.9, "trend": 52.097947, "fair_value": 59.868055, "relative_strength": -28.704303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.542258, "energy": 60.008651, "activity_lines": [ 44.166668, 44.89091, 46.337843, 48.598782 ] }, { "date": "2026-07-24", "close": 46.849998, "volume": 2486796, "typical_volume": 1877003.55, "trend": 51.569864, "fair_value": 59.805419, "relative_strength": -24.804305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.862558, "energy": 38.256211, "activity_lines": [ 45.026667, 45.182728, 46.22639, 48.260205 ] }, { "date": "2026-07-31", "close": 47.400002, "volume": 1329112, "typical_volume": 1852455.6, "trend": 51.066646, "fair_value": 59.766185, "relative_strength": -24.238848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.851392, "energy": 26.331314, "activity_lines": [ 46.000001, 45.522728, 46.207309, 47.991181 ] }, { "date": "2026-08-07", "close": 47.049999, "volume": 813344, "typical_volume": 1830099.85, "trend": 50.5387, "fair_value": 59.726542, "relative_strength": -25.529622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.827081, "energy": 20.776927, "activity_lines": [ 46.523334, 45.756364, 46.181068, 47.732043 ] } ], "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." } } }