{ "ticker": { "uuid": "ae28b2a0-ba34-409e-903e-073018e7a6a2", "symbol": "ZZ-B", "name": "Zinzino 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 88.707, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -48.746, "architecture_energy": 40.139, "architecture_maturity": 19.047, "architecture_confidence": 88.698, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 35.94, "rotation_up": 15.94, "upward_expansion": 9.44, "deceleration": 38.59, "rotation_down": 56.69, "downward_expansion": 80.44 }, "activity_lines": [ 130.266669, 132.092728, 133.437984, 134.289672 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 134.100006, "trend_reference": 135.877735, "distance_from_trend": -0.013083, "trend_direction": "Weakening", "fair_value": 114.098676, "distance_from_fair_value": 0.175299, "fair_value_direction": "Improving", "relative_strength": -17.863915, "relative_strength_direction": "Improving", "price_momentum": 0.025229, "excess_performance": -0.036265, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.013083, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.044176, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.175299, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037686, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.178639, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.176586, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.025229, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.524362, "read": "Demand-led" } ], "volume": { "latest": 193935, "relative_activity": 0.895224, "balance": 2.524362, "dry_up": 0.853212, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.086456, "annualized_volatility": 0.496082, "from_high_reference": -0.468911, "from_low_reference": 0.228022 }, "levels": { "trend_reference": 135.877735, "fair_value_reference": 114.098676, "structural_low": 118.407415, "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": 17, "median_return": 0.007513, "positive_rate": 0.529412, "directional_follow_through": 0.529412, "median_excess_return": -0.029216, "regime_survival": 0.529412, "best_return": 0.36211, "worst_return": -0.167116, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.068874, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.046164, "regime_survival": 0.125, "best_return": 0.779376, "worst_return": -0.333595, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.231884, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.233938, "regime_survival": 0.4, "best_return": 0.76247, "worst_return": -0.270889, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 1.481605, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 1.449625, "regime_survival": 0.0, "best_return": 1.935896, "worst_return": -0.51763, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-05-17", "tenure": "Developing", "return": 0.118367, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-07", "tenure": "New", "return": -0.048462, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-09-06", "tenure": "Established", "return": 0.13913, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-11-29", "tenure": "Developing", "return": 0.076456, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-06", "end": "2025-01-17", "tenure": "Developing", "return": 0.125561, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-08-15", "tenure": "Extended", "return": 1.341908, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": -0.22494, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": -0.236709, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2025-12-19", "tenure": "Developing", "return": 0.355172, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-02-06", "tenure": "Developing", "return": -0.159383, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": 0.067471, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": -0.166667, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": 0.088, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.041458, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 35.689087, "volume": 112515, "typical_volume": 96064.55, "trend": 38.729094, "fair_value": 45.453532, "relative_strength": 7.233036, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.42822, "energy": 36.859324, "activity_lines": [ 38.137416, 39.168111, 40.085764, 40.023985 ] }, { "date": "2023-08-25", "close": 33.994087, "volume": 102441, "typical_volume": 97710.4, "trend": 38.973927, "fair_value": 45.457088, "relative_strength": 1.892923, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.127967, "energy": 56.082965, "activity_lines": [ 36.60564, 38.077491, 39.450813, 39.7185 ] }, { "date": "2023-09-01", "close": 39.644077, "volume": 233730, "typical_volume": 107276.7, "trend": 39.356871, "fair_value": 45.515477, "relative_strength": 16.278686, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.613155, "energy": 38.608, "activity_lines": [ 37.308749, 38.151112, 39.402384, 39.761736 ] }, { "date": "2023-09-08", "close": 35.500755, "volume": 102855, "typical_volume": 109698.55, "trend": 39.488704, "fair_value": 45.538845, "relative_strength": 4.263173, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.508883, "energy": 51.689128, "activity_lines": [ 36.586807, 37.507356, 38.962493, 39.512954 ] }, { "date": "2023-09-15", "close": 37.384083, "volume": 85858, "typical_volume": 107119.95, "trend": 39.680176, "fair_value": 45.567517, "relative_strength": 8.552115, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.63419, "energy": 45.759322, "activity_lines": [ 36.768862, 37.334432, 38.734251, 39.377172 ] }, { "date": "2023-09-22", "close": 37.384083, "volume": 71127, "typical_volume": 104099.4, "trend": 39.912453, "fair_value": 45.586035, "relative_strength": 9.582181, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.165183, "energy": 27.34208, "activity_lines": [ 37.08275, 37.233417, 38.525291, 39.229037 ] }, { "date": "2023-09-29", "close": 37.289917, "volume": 82464, "typical_volume": 97577.9, "trend": 39.918731, "fair_value": 45.593795, "relative_strength": 9.313737, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.995526, "energy": 25.392415, "activity_lines": [ 37.25225, 37.161508, 38.31095, 39.059841 ] }, { "date": "2023-10-06", "close": 37.289917, "volume": 159473, "typical_volume": 103347.2, "trend": 39.692731, "fair_value": 45.589146, "relative_strength": 8.890454, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.710719, "energy": 20.716164, "activity_lines": [ 37.202028, 37.125553, 38.109614, 38.89024 ] }, { "date": "2023-10-13", "close": 37.760746, "volume": 66248, "typical_volume": 100433.45, "trend": 39.63937, "fair_value": 45.551977, "relative_strength": 8.10753, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.967534, "energy": 18.637352, "activity_lines": [ 37.465693, 37.206022, 37.974193, 38.765596 ] }, { "date": "2023-10-20", "close": 37.101585, "volume": 55650, "typical_volume": 97748.65, "trend": 39.595426, "fair_value": 45.513403, "relative_strength": 11.492305, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.594017, "energy": 19.217476, "activity_lines": [ 37.358972, 37.200886, 37.795725, 38.601868 ] }, { "date": "2023-10-27", "close": 36.724918, "volume": 36604, "typical_volume": 80285.8, "trend": 39.44319, "fair_value": 45.487645, "relative_strength": 11.255892, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.523994, "energy": 24.160729, "activity_lines": [ 37.145528, 37.168356, 37.615464, 38.416674 ] }, { "date": "2023-11-03", "close": 39.267414, "volume": 69241, "typical_volume": 78989.65, "trend": 39.279968, "fair_value": 45.455057, "relative_strength": 13.943643, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.637742, "energy": 10.958813, "activity_lines": [ 37.823527, 37.579265, 37.688555, 38.405334 ] }, { "date": "2023-11-10", "close": 42.186573, "volume": 135563, "typical_volume": 83647.45, "trend": 39.342746, "fair_value": 45.435541, "relative_strength": 21.963762, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.520577, "energy": 18.853297, "activity_lines": [ 39.342746, 38.425051, 38.050423, 38.592857 ] }, { "date": "2023-11-17", "close": 48.778221, "volume": 300363, "typical_volume": 95772.05, "trend": 39.559328, "fair_value": 45.428947, "relative_strength": 34.091, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.312392, "energy": 58.336631, "activity_lines": [ 42.732737, 40.423091, 39.037377, 39.201597 ] }, { "date": "2023-11-24", "close": 51.414883, "volume": 170093, "typical_volume": 101445.9, "trend": 39.89205, "fair_value": 45.422331, "relative_strength": 37.585731, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.334957, "energy": 86.008363, "activity_lines": [ 46.267118, 42.659116, 40.245846, 39.966471 ] }, { "date": "2023-12-01", "close": 53.486546, "volume": 126145, "typical_volume": 105908.85, "trend": 40.403688, "fair_value": 45.359048, "relative_strength": 39.933121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.144266, "energy": 94.671638, "activity_lines": [ 49.537832, 45.016702, 41.603637, 40.843536 ] }, { "date": "2023-12-08", "close": 57.253204, "volume": 309763, "typical_volume": 120194.2, "trend": 40.978103, "fair_value": 45.271398, "relative_strength": 43.641743, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.256715, "energy": 96.593082, "activity_lines": [ 52.946658, 47.766362, 43.255585, 41.930601 ] }, { "date": "2023-12-15", "close": 55.558208, "volume": 147649, "typical_volume": 124846.75, "trend": 41.439518, "fair_value": 45.185293, "relative_strength": 33.473662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.46835, "energy": 90.932513, "activity_lines": [ 54.591432, 49.844872, 44.660459, 42.871253 ] }, { "date": "2023-12-22", "close": 56.688206, "volume": 219072, "typical_volume": 133442.9, "trend": 41.932323, "fair_value": 45.150431, "relative_strength": 35.014687, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.136936, "energy": 90.375665, "activity_lines": [ 55.72143, 51.796686, 46.094031, 43.85504 ] }, { "date": "2023-12-29", "close": 56.123207, "volume": 121746, "typical_volume": 135430.0, "trend": 42.327822, "fair_value": 45.081486, "relative_strength": 30.854905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.854265, "energy": 81.300302, "activity_lines": [ 56.135762, 53.301637, 47.392631, 44.77058 ] }, { "date": "2024-01-05", "close": 59.513203, "volume": 255543, "typical_volume": 142581.4, "trend": 43.008959, "fair_value": 44.963196, "relative_strength": 40.256672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.41901, "energy": 69.000717, "activity_lines": [ 57.366205, 55.077104, 48.934271, 45.879315 ] }, { "date": "2024-01-12", "close": 64.974854, "volume": 373413, "typical_volume": 156130.0, "trend": 43.790541, "fair_value": 44.903609, "relative_strength": 49.391509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.728408, "energy": 72.499372, "activity_lines": [ 60.015422, 57.431265, 50.88262, 47.296469 ] }, { "date": "2024-01-19", "close": 63.279858, "volume": 214151, "typical_volume": 155151.05, "trend": 44.512484, "fair_value": 44.845566, "relative_strength": 46.719651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.33469, "energy": 67.893819, "activity_lines": [ 61.584862, 59.009837, 52.522013, 48.553845 ] }, { "date": "2024-01-26", "close": 65.728188, "volume": 192342, "typical_volume": 159625.4, "trend": 45.284649, "fair_value": 44.847217, "relative_strength": 45.430451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.576877, "energy": 69.146246, "activity_lines": [ 63.455636, 60.650046, 54.282029, 49.9226 ] }, { "date": "2024-02-02", "close": 69.871506, "volume": 269124, "typical_volume": 168788.7, "trend": 46.23573, "fair_value": 44.875427, "relative_strength": 52.099575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.943323, "energy": 76.916701, "activity_lines": [ 66.104851, 62.735405, 56.292707, 51.508848 ] }, { "date": "2024-02-09", "close": 74.014832, "volume": 390979, "typical_volume": 184781.3, "trend": 47.372005, "fair_value": 44.923429, "relative_strength": 59.471433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.265573, "energy": 75.971821, "activity_lines": [ 69.218621, 65.23852, 58.543285, 53.301049 ] }, { "date": "2024-02-16", "close": 76.274826, "volume": 320512, "typical_volume": 196683.7, "trend": 48.605585, "fair_value": 44.972379, "relative_strength": 57.779954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.378977, "energy": 87.530028, "activity_lines": [ 72.118947, 67.779302, 60.834668, 55.165747 ] }, { "date": "2024-02-23", "close": 75.333168, "volume": 250823, "typical_volume": 201251.2, "trend": 49.817194, "fair_value": 45.020934, "relative_strength": 51.642841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.554983, "energy": 83.348752, "activity_lines": [ 73.952056, 69.803025, 62.850728, 56.890107 ] }, { "date": "2024-03-01", "close": 76.839828, "volume": 633396, "typical_volume": 229608.6, "trend": 51.057052, "fair_value": 45.088172, "relative_strength": 50.940761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.872833, "energy": 72.01279, "activity_lines": [ 75.483831, 71.741142, 64.82912, 58.633503 ] }, { "date": "2024-03-08", "close": 71.566505, "volume": 446371, "typical_volume": 249144.65, "trend": 52.13055, "fair_value": 45.100171, "relative_strength": 37.989278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.124476, "energy": 62.88322, "activity_lines": [ 74.517055, 72.35408, 66.119201, 59.956693 ] }, { "date": "2024-03-15", "close": 74.956497, "volume": 275585, "typical_volume": 261093.7, "trend": 53.439463, "fair_value": 45.12262, "relative_strength": 40.514956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.054805, "energy": 58.355426, "activity_lines": [ 74.567277, 73.302593, 67.568019, 61.429335 ] }, { "date": "2024-03-22", "close": 74.579834, "volume": 131043, "typical_volume": 264183.8, "trend": 54.792321, "fair_value": 45.148295, "relative_strength": 38.375606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.447304, "energy": 52.526551, "activity_lines": [ 74.429166, 73.901834, 68.798909, 62.79323 ] }, { "date": "2024-03-29", "close": 71.754837, "volume": 124690, "typical_volume": 263640.15, "trend": 55.86268, "fair_value": 45.159809, "relative_strength": 32.791876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.339804, "energy": 40.298109, "activity_lines": [ 73.46239, 73.812804, 69.592597, 63.887586 ] }, { "date": "2024-04-05", "close": 69.965683, "volume": 289272, "typical_volume": 263085.6, "trend": 57.011511, "fair_value": 45.159855, "relative_strength": 29.282878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.452954, "energy": 34.764017, "activity_lines": [ 72.137784, 73.244382, 70.075089, 64.797457 ] }, { "date": "2024-04-12", "close": 69.212341, "volume": 169815, "typical_volume": 263071.7, "trend": 58.072453, "fair_value": 45.125175, "relative_strength": 26.686378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.845833, "energy": 26.067091, "activity_lines": [ 71.020341, 72.461944, 70.384941, 65.584607 ] }, { "date": "2024-04-19", "close": 64.598183, "volume": 264796, "typical_volume": 270004.25, "trend": 58.97959, "fair_value": 45.085736, "relative_strength": 17.746144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.049771, "energy": 20.310888, "activity_lines": [ 68.521789, 70.852552, 70.1706, 66.005622 ] }, { "date": "2024-04-26", "close": 69.494843, "volume": 153465, "typical_volume": 262189.35, "trend": 60.053087, "fair_value": 45.08784, "relative_strength": 22.954193, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.435133, "energy": 16.783858, "activity_lines": [ 68.346012, 70.304675, 70.369695, 66.684025 ] }, { "date": "2024-05-03", "close": 69.024017, "volume": 101903, "typical_volume": 259902.05, "trend": 61.11089, "fair_value": 45.106106, "relative_strength": 21.891441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.814062, "energy": 14.657961, "activity_lines": [ 68.352291, 69.794465, 70.465655, 67.262795 ] }, { "date": "2024-05-10", "close": 74.862335, "volume": 170095, "typical_volume": 257453.2, "trend": 62.34761, "fair_value": 45.191129, "relative_strength": 26.628266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.407959, "energy": 20.073505, "activity_lines": [ 70.486732, 70.460479, 71.053523, 68.149985 ] }, { "date": "2024-05-17", "close": 77.404823, "volume": 168932, "typical_volume": 259812.5, "trend": 63.691051, "fair_value": 45.254388, "relative_strength": 30.931489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.730002, "energy": 36.631357, "activity_lines": [ 73.142225, 71.624718, 71.79699, 69.121418 ] }, { "date": "2024-05-24", "close": 75.238998, "volume": 177205, "typical_volume": 255895.6, "trend": 64.974854, "fair_value": 45.275092, "relative_strength": 25.103693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.283212, "energy": 50.098632, "activity_lines": [ 74.529611, 72.28902, 72.232846, 69.866447 ] }, { "date": "2024-05-31", "close": 69.536079, "volume": 217058, "typical_volume": 248077.85, "trend": 65.98381, "fair_value": 45.261534, "relative_strength": 15.808028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.091527, "energy": 33.692437, "activity_lines": [ 73.306636, 71.91129, 72.050682, 70.16072 ] }, { "date": "2024-06-07", "close": 71.592781, "volume": 253571, "typical_volume": 250048.85, "trend": 66.964016, "fair_value": 45.264599, "relative_strength": 17.338428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.578965, "energy": 25.920309, "activity_lines": [ 72.76648, 71.999212, 72.042675, 70.522589 ] }, { "date": "2024-06-14", "close": 67.577316, "volume": 167928, "typical_volume": 248828.15, "trend": 67.590653, "fair_value": 45.262568, "relative_strength": 12.645588, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.077818, "energy": 5.713888, "activity_lines": [ 70.716584, 71.359995, 71.612657, 70.562156 ] }, { "date": "2024-06-21", "close": 68.948456, "volume": 109233, "typical_volume": 240833.6, "trend": 68.175105, "fair_value": 45.285954, "relative_strength": 13.625458, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.529783, "energy": 13.783388, "activity_lines": [ 69.609403, 71.013501, 71.304418, 70.649757 ] }, { "date": "2024-06-28", "close": 65.618553, "volume": 178606, "typical_volume": 230214.95, "trend": 68.579506, "fair_value": 45.27366, "relative_strength": 7.694962, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.939973, "energy": 23.355552, "activity_lines": [ 67.956012, 70.066368, 70.683441, 70.484818 ] }, { "date": "2024-07-05", "close": 70.711334, "volume": 230593, "typical_volume": 225719.0, "trend": 69.02811, "fair_value": 45.301466, "relative_strength": 15.770947, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.427381, "energy": 20.538829, "activity_lines": [ 68.641578, 70.026644, 70.587473, 70.622355 ] }, { "date": "2024-07-12", "close": 70.80928, "volume": 102814, "typical_volume": 218318.55, "trend": 69.536479, "fair_value": 45.346529, "relative_strength": 11.842217, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.743723, "energy": 16.441215, "activity_lines": [ 69.281442, 69.982609, 70.527327, 70.737269 ] }, { "date": "2024-07-19", "close": 75.020615, "volume": 209733, "typical_volume": 197135.4, "trend": 70.147559, "fair_value": 45.431777, "relative_strength": 20.149447, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.505061, "energy": 14.796543, "activity_lines": [ 71.377317, 70.671813, 70.889802, 71.091085 ] }, { "date": "2024-07-26", "close": 75.902061, "volume": 90635, "typical_volume": 179348.6, "trend": 70.806854, "fair_value": 45.541023, "relative_strength": 20.025037, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.899609, "energy": 30.865082, "activity_lines": [ 73.270788, 71.518402, 71.344887, 71.462343 ] }, { "date": "2024-08-02", "close": 72.572166, "volume": 122338, "typical_volume": 171686.25, "trend": 71.242153, "fair_value": 45.651861, "relative_strength": 18.88789, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.737142, "energy": 28.241328, "activity_lines": [ 73.590721, 71.786878, 71.462194, 71.576234 ] }, { "date": "2024-08-09", "close": 73.15979, "volume": 130346, "typical_volume": 171651.4, "trend": 71.514984, "fair_value": 45.771626, "relative_strength": 19.159103, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.552176, "energy": 32.469704, "activity_lines": [ 73.642954, 72.210682, 71.646819, 71.699952 ] }, { "date": "2024-08-16", "close": 71.886597, "volume": 97740, "typical_volume": 170303.9, "trend": 71.801876, "fair_value": 45.878069, "relative_strength": 12.623114, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.36496, "energy": 17.702356, "activity_lines": [ 73.107559, 72.337112, 71.71695, 71.723927 ] }, { "date": "2024-08-23", "close": 73.257736, "volume": 72504, "typical_volume": 159465.5, "trend": 72.052861, "fair_value": 45.952016, "relative_strength": 12.498068, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.830077, "energy": 11.045268, "activity_lines": [ 72.957389, 72.707497, 71.917038, 71.817854 ] }, { "date": "2024-08-30", "close": 77.664955, "volume": 227050, "typical_volume": 162327.25, "trend": 72.312642, "fair_value": 46.085178, "relative_strength": 16.542406, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.186341, "energy": 25.55062, "activity_lines": [ 74.393817, 73.775915, 72.521184, 72.179924 ] }, { "date": "2024-09-06", "close": 76.979378, "volume": 238915, "typical_volume": 161033.2, "trend": 72.411461, "fair_value": 46.231722, "relative_strength": 19.54871, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.240303, "energy": 45.474148, "activity_lines": [ 75.484193, 74.5612, 73.019788, 72.481004 ] }, { "date": "2024-09-13", "close": 80.701035, "volume": 212243, "typical_volume": 163972.1, "trend": 72.559001, "fair_value": 46.422191, "relative_strength": 21.788067, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.373397, "energy": 67.448154, "activity_lines": [ 77.521308, 75.81659, 73.813876, 73.015815 ] }, { "date": "2024-09-20", "close": 83.835052, "volume": 268825, "typical_volume": 172318.2, "trend": 72.842397, "fair_value": 46.630457, "relative_strength": 22.501633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.504223, "energy": 79.14263, "activity_lines": [ 80.100345, 77.46017, 74.85308, 73.743302 ] }, { "date": "2024-09-27", "close": 89.221649, "volume": 322472, "typical_volume": 179937.05, "trend": 73.255124, "fair_value": 46.887588, "relative_strength": 25.888482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.393672, "energy": 87.724865, "activity_lines": [ 83.678351, 79.846299, 76.334764, 74.800028 ] }, { "date": "2024-10-04", "close": 91.474228, "volume": 292843, "typical_volume": 186132.6, "trend": 73.918715, "fair_value": 47.163745, "relative_strength": 29.185254, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.8246, "energy": 92.186648, "activity_lines": [ 86.942956, 82.383787, 77.962601, 75.975454 ] }, { "date": "2024-10-11", "close": 91.572166, "volume": 206665, "typical_volume": 187605.6, "trend": 74.472571, "fair_value": 47.361973, "relative_strength": 28.43034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.195829, "energy": 91.289685, "activity_lines": [ 89.319589, 84.655952, 79.532769, 77.114387 ] }, { "date": "2024-10-18", "close": 88.927841, "volume": 245347, "typical_volume": 189020.05, "trend": 74.950838, "fair_value": 47.545544, "relative_strength": 23.042697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.607029, "energy": 86.683902, "activity_lines": [ 89.841927, 86.101876, 80.77332, 78.046985 ] }, { "date": "2024-10-25", "close": 88.340202, "volume": 152022, "typical_volume": 183942.6, "trend": 75.503683, "fair_value": 47.718467, "relative_strength": 20.975327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.358251, "energy": 75.928284, "activity_lines": [ 89.619932, 87.154265, 81.865563, 78.910815 ] }, { "date": "2024-11-01", "close": 92.649483, "volume": 229875, "typical_volume": 187039.95, "trend": 76.25981, "fair_value": 47.939656, "relative_strength": 27.074756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.426077, "energy": 64.792001, "activity_lines": [ 90.53402, 88.691003, 83.288464, 80.016995 ] }, { "date": "2024-11-08", "close": 96.175255, "volume": 273771, "typical_volume": 195266.85, "trend": 77.158574, "fair_value": 48.190901, "relative_strength": 30.28174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.048144, "energy": 68.194938, "activity_lines": [ 92.394844, 90.516213, 84.927762, 81.301863 ] }, { "date": "2024-11-15", "close": 93.139175, "volume": 199627, "typical_volume": 196317.9, "trend": 78.10994, "fair_value": 48.42383, "relative_strength": 27.352629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.281716, "energy": 60.756535, "activity_lines": [ 92.930239, 91.452858, 86.148257, 82.332869 ] }, { "date": "2024-11-22", "close": 82.268044, "volume": 574967, "typical_volume": 213536.6, "trend": 78.535713, "fair_value": 48.623771, "relative_strength": 11.59275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.69123, "energy": 38.883371, "activity_lines": [ 89.737457, 90.119119, 86.202357, 82.601134 ] }, { "date": "2024-11-29", "close": 86.871132, "volume": 186738, "typical_volume": 217732.8, "trend": 79.130617, "fair_value": 48.83487, "relative_strength": 17.02047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.944663, "energy": 29.266482, "activity_lines": [ 88.523024, 89.593814, 86.639814, 83.138903 ] }, { "date": "2024-12-06", "close": 87.360825, "volume": 195826, "typical_volume": 217037.45, "trend": 79.547233, "fair_value": 49.047961, "relative_strength": 12.524867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.112051, "energy": 22.009232, "activity_lines": [ 87.569759, 89.102343, 87.047423, 83.669884 ] }, { "date": "2024-12-13", "close": 83.247421, "volume": 194503, "typical_volume": 222230.85, "trend": 79.741987, "fair_value": 49.258768, "relative_strength": 9.001179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.61031, "energy": 22.813437, "activity_lines": [ 85.597938, 87.896813, 87.004516, 83.908606 ] }, { "date": "2024-12-20", "close": 83.149483, "volume": 211284, "typical_volume": 226678.15, "trend": 80.00567, "fair_value": 49.479268, "relative_strength": 11.76532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.696153, "energy": 13.813434, "activity_lines": [ 84.455325, 86.823054, 86.917305, 84.128445 ] }, { "date": "2024-12-27", "close": 81.97422, "volume": 53920, "typical_volume": 222856.85, "trend": 80.420274, "fair_value": 49.677899, "relative_strength": 8.835458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.281227, "energy": 13.503435, "activity_lines": [ 83.586938, 85.688752, 86.667795, 84.255448 ] }, { "date": "2025-01-03", "close": 83.541237, "volume": 97926, "typical_volume": 222866.15, "trend": 80.818556, "fair_value": 49.903204, "relative_strength": 9.435047, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.175066, "energy": 16.542598, "activity_lines": [ 83.260479, 84.96579, 86.525551, 84.4568 ] }, { "date": "2025-01-10", "close": 96.860825, "volume": 370565, "typical_volume": 237769.2, "trend": 81.794673, "fair_value": 50.214464, "relative_strength": 25.407211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.910553, "energy": 24.361206, "activity_lines": [ 87.595875, 86.751826, 87.596342, 85.491785 ] }, { "date": "2025-01-17", "close": 98.329895, "volume": 290903, "typical_volume": 240961.85, "trend": 82.774054, "fair_value": 50.550624, "relative_strength": 21.983879, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.343758, "energy": 56.806317, "activity_lines": [ 91.787627, 88.728396, 88.694648, 86.558574 ] }, { "date": "2025-01-24", "close": 104.402061, "volume": 339906, "typical_volume": 246011.4, "trend": 84.066838, "fair_value": 50.930295, "relative_strength": 26.083068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.699061, "energy": 78.429545, "activity_lines": [ 96.997937, 91.76982, 90.272851, 87.953929 ] }, { "date": "2025-01-31", "close": 109.49485, "volume": 267127, "typical_volume": 248755.6, "trend": 85.359622, "fair_value": 51.362682, "relative_strength": 31.257997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.194297, "energy": 87.80236, "activity_lines": [ 102.489004, 95.532427, 92.205498, 89.594446 ] }, { "date": "2025-02-07", "close": 126.536079, "volume": 627301, "typical_volume": 266679.4, "trend": 87.217182, "fair_value": 51.930397, "relative_strength": 51.914533, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.010248, "energy": 96.812786, "activity_lines": [ 111.825773, 101.898406, 95.624005, 92.250992 ] }, { "date": "2025-02-14", "close": 134.762894, "volume": 342467, "typical_volume": 267679.15, "trend": 89.208591, "fair_value": 52.543394, "relative_strength": 55.49266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.480981, "energy": 97.520389, "activity_lines": [ 121.03849, 109.038989, 99.62268, 95.318457 ] }, { "date": "2025-02-21", "close": 143.773193, "volume": 367303, "typical_volume": 271402.15, "trend": 91.470962, "fair_value": 53.241386, "relative_strength": 63.295881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.784577, "energy": 98.010073, "activity_lines": [ 130.727836, 116.955952, 104.262616, 98.838754 ] }, { "date": "2025-02-28", "close": 127.123711, "volume": 761269, "typical_volume": 299132.35, "trend": 93.289347, "fair_value": 53.849854, "relative_strength": 43.048117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.403431, "energy": 88.437896, "activity_lines": [ 131.837801, 120.745267, 107.067845, 101.138931 ] }, { "date": "2025-03-07", "close": 138.484528, "volume": 457028, "typical_volume": 309716.4, "trend": 95.466838, "fair_value": 54.524266, "relative_strength": 53.58472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.023316, "energy": 86.257175, "activity_lines": [ 135.219929, 125.800655, 110.785762, 104.054749 ] }, { "date": "2025-03-14", "close": 139.268036, "volume": 181299, "typical_volume": 311180.25, "trend": 97.712886, "fair_value": 55.187932, "relative_strength": 55.13335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.45992, "energy": 68.562593, "activity_lines": [ 136.93058, 129.971038, 114.342316, 106.880633 ] }, { "date": "2025-03-21", "close": 147.69072, "volume": 336907, "typical_volume": 316531.85, "trend": 100.193986, "fair_value": 55.905302, "relative_strength": 65.292991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.748655, "energy": 69.43696, "activity_lines": [ 140.599996, 134.659604, 118.458516, 110.105009 ] }, { "date": "2025-03-28", "close": 144.752579, "volume": 281337, "typical_volume": 316910.15, "trend": 102.43024, "fair_value": 56.595238, "relative_strength": 64.87491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.09392, "energy": 66.39362, "activity_lines": [ 142.428177, 137.889783, 122.032792, 112.979757 ] }, { "date": "2025-04-04", "close": 136.917526, "volume": 455515, "typical_volume": 329704.55, "trend": 104.428178, "fair_value": 57.2209, "relative_strength": 70.337587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.76502, "energy": 58.055662, "activity_lines": [ 141.57938, 138.851358, 124.629552, 115.204744 ] }, { "date": "2025-04-11", "close": 141.814438, "volume": 352948, "typical_volume": 318603.6, "trend": 106.465292, "fair_value": 57.856449, "relative_strength": 73.878908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.78531, "energy": 53.501986, "activity_lines": [ 141.709967, 140.11209, 127.484216, 117.61676 ] }, { "date": "2025-04-18", "close": 149.061859, "volume": 154726, "typical_volume": 317003.0, "trend": 108.639518, "fair_value": 58.543617, "relative_strength": 73.229538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.39872, "energy": 53.324659, "activity_lines": [ 144.034367, 142.102906, 130.745557, 120.364926 ] }, { "date": "2025-04-25", "close": 161.597931, "volume": 291429, "typical_volume": 321783.15, "trend": 111.052061, "fair_value": 59.329207, "relative_strength": 78.568885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.491651, "energy": 58.736753, "activity_lines": [ 149.884536, 145.963448, 134.904663, 123.781598 ] }, { "date": "2025-05-02", "close": 170.412369, "volume": 214467, "typical_volume": 322781.35, "trend": 113.683333, "fair_value": 60.185062, "relative_strength": 81.651602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.252232, "energy": 65.210368, "activity_lines": [ 157.745703, 150.938706, 139.549729, 127.611295 ] }, { "date": "2025-05-09", "close": 176.680405, "volume": 382302, "typical_volume": 331332.25, "trend": 116.520274, "fair_value": 61.086543, "relative_strength": 85.29313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.535755, "energy": 88.93214, "activity_lines": [ 165.985563, 156.569258, 144.37668, 131.675622 ] }, { "date": "2025-05-16", "close": 187.453598, "volume": 557572, "typical_volume": 356514.85, "trend": 119.804466, "fair_value": 62.065112, "relative_strength": 85.225283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.872263, "energy": 92.76042, "activity_lines": [ 175.165629, 163.257541, 149.784264, 136.251966 ] }, { "date": "2025-05-23", "close": 187.64949, "volume": 702034, "typical_volume": 386720.25, "trend": 123.114775, "fair_value": 63.039202, "relative_strength": 86.013254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.855701, "energy": 89.390886, "activity_lines": [ 181.368382, 169.091094, 154.708221, 140.629064 ] }, { "date": "2025-05-30", "close": 189.800003, "volume": 375998, "typical_volume": 386991.9, "trend": 126.353126, "fair_value": 64.025281, "relative_strength": 82.643358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.085543, "energy": 87.559541, "activity_lines": [ 185.715463, 174.435987, 159.341236, 144.931337 ] }, { "date": "2025-06-06", "close": 198.0, "volume": 438787, "typical_volume": 394386.1, "trend": 129.747284, "fair_value": 65.062114, "relative_strength": 84.249039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.675878, "energy": 85.113938, "activity_lines": [ 190.915739, 180.506166, 164.312635, 149.553716 ] }, { "date": "2025-06-13", "close": 198.399994, "volume": 474207, "typical_volume": 401101.15, "trend": 133.255978, "fair_value": 66.122638, "relative_strength": 84.742495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.835763, "energy": 72.765004, "activity_lines": [ 194.41017, 185.680935, 168.847509, 153.982923 ] }, { "date": "2025-06-20", "close": 216.0, "volume": 344446, "typical_volume": 404967.1, "trend": 137.71371, "fair_value": 67.299001, "relative_strength": 96.826372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.579877, "energy": 80.224392, "activity_lines": [ 202.323298, 192.937843, 174.610966, 159.321247 ] }, { "date": "2025-06-27", "close": 242.5, "volume": 512780, "typical_volume": 399241.05, "trend": 142.901339, "fair_value": 68.646141, "relative_strength": 109.374408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.759537, "energy": 87.894491, "activity_lines": [ 217.166666, 203.664104, 182.391064, 166.081653 ] }, { "date": "2025-07-04", "close": 254.0, "volume": 574937, "typical_volume": 410864.55, "trend": 148.455978, "fair_value": 70.069111, "relative_strength": 112.262172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.586643, "energy": 91.430485, "activity_lines": [ 232.186666, 214.782398, 190.714191, 173.249308 ] }, { "date": "2025-07-11", "close": 282.5, "volume": 640975, "typical_volume": 424548.15, "trend": 155.097731, "fair_value": 71.694694, "relative_strength": 125.409568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.254203, "energy": 97.538887, "activity_lines": [ 252.426666, 229.402474, 201.183808, 181.89731 ] }, { "date": "2025-07-18", "close": 253.5, "volume": 978951, "typical_volume": 435432.25, "trend": 160.776081, "fair_value": 73.124117, "relative_strength": 96.733686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.327158, "energy": 84.81753, "activity_lines": [ 257.366667, 236.711865, 208.230917, 188.245843 ] }, { "date": "2025-07-25", "close": 233.0, "volume": 1004327, "typical_volume": 462797.2, "trend": 165.810274, "fair_value": 74.406436, "relative_strength": 72.750654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.225862, "energy": 66.393132, "activity_lines": [ 251.8, 238.897263, 212.723853, 192.905451 ] }, { "date": "2025-08-01", "close": 242.0, "volume": 544571, "typical_volume": 480960.8, "trend": 171.092233, "fair_value": 75.747051, "relative_strength": 80.14896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.313653, "energy": 60.69922, "activity_lines": [ 248.1, 241.890909, 217.623858, 197.820917 ] }, { "date": "2025-08-08", "close": 249.0, "volume": 563305, "typical_volume": 492280.7, "trend": 176.163539, "fair_value": 77.132538, "relative_strength": 76.206706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.734786, "energy": 50.391981, "activity_lines": [ 246.766667, 245.169091, 222.70133, 202.847225 ] }, { "date": "2025-08-15", "close": 244.5, "volume": 449184, "typical_volume": 500673.05, "trend": 181.035875, "fair_value": 78.494007, "relative_strength": 66.757809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.807246, "energy": 39.619531, "activity_lines": [ 244.266667, 246.552727, 226.867805, 207.256028 ] }, { "date": "2025-08-22", "close": 208.5, "volume": 1193328, "typical_volume": 537563.7, "trend": 184.505807, "fair_value": 79.64342, "relative_strength": 37.30634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.890188, "energy": 26.697749, "activity_lines": [ 232.3, 240.545455, 227.130721, 209.027907 ] }, { "date": "2025-08-29", "close": 188.399994, "volume": 1292763, "typical_volume": 584554.45, "trend": 187.135978, "fair_value": 80.670023, "relative_strength": 25.292002, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.981618, "energy": 16.396247, "activity_lines": [ 216.633331, 230.699999, 225.138482, 209.279145 ] }, { "date": "2025-09-05", "close": 176.0, "volume": 2359394, "typical_volume": 694787.85, "trend": 188.784776, "fair_value": 81.628306, "relative_strength": 15.606585, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.219548, "energy": 25.696243, "activity_lines": [ 199.806665, 219.101817, 221.743455, 208.560695 ] }, { "date": "2025-09-12", "close": 161.600006, "volume": 1536064, "typical_volume": 757019.6, "trend": 189.679346, "fair_value": 82.48583, "relative_strength": 4.777483, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.267543, "energy": 42.803341, "activity_lines": [ 182.580001, 206.094546, 216.848723, 206.806839 ] }, { "date": "2025-09-19", "close": 158.0, "volume": 1601651, "typical_volume": 826378.8, "trend": 190.153573, "fair_value": 83.335369, "relative_strength": 1.111144, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.334709, "energy": 55.450688, "activity_lines": [ 169.980001, 194.112727, 211.611124, 204.76301 ] }, { "date": "2025-09-26", "close": 146.0, "volume": 1407091, "typical_volume": 877618.25, "trend": 190.782783, "fair_value": 84.114322, "relative_strength": -7.152515, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.295847, "energy": 68.891416, "activity_lines": [ 159.146667, 182.212727, 205.289774, 201.914393 ] }, { "date": "2025-10-03", "close": 133.600006, "volume": 1260301, "typical_volume": 912754.7, "trend": 190.619965, "fair_value": 84.81077, "relative_strength": -18.030797, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.460903, "energy": 75.115975, "activity_lines": [ 148.346669, 170.012729, 197.93357, 198.225181 ] }, { "date": "2025-10-10", "close": 121.400002, "volume": 1251196, "typical_volume": 940212.8, "trend": 190.024364, "fair_value": 85.414828, "relative_strength": -25.153467, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.178183, "energy": 78.67318, "activity_lines": [ 137.133336, 157.40182, 189.671905, 193.759377 ] }, { "date": "2025-10-17", "close": 122.400002, "volume": 2100181, "typical_volume": 1026421.95, "trend": 189.18134, "fair_value": 86.023786, "relative_strength": -24.633427, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.448942, "energy": 78.896409, "activity_lines": [ 129.893336, 147.165456, 181.820953, 189.396515 ] }, { "date": "2025-10-24", "close": 120.599998, "volume": 725101, "typical_volume": 1040737.65, "trend": 188.376254, "fair_value": 86.628148, "relative_strength": -28.230803, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.877993, "energy": 87.73915, "activity_lines": [ 124.666668, 138.903638, 174.119524, 184.971912 ] }, { "date": "2025-10-31", "close": 116.0, "volume": 391459, "typical_volume": 1036600.25, "trend": 187.679003, "fair_value": 87.201212, "relative_strength": -30.599778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.502696, "energy": 87.832424, "activity_lines": [ 120.400001, 132.058183, 166.348572, 180.302477 ] }, { "date": "2025-11-07", "close": 115.199997, "volume": 615322, "typical_volume": 1050144.05, "trend": 186.791855, "fair_value": 87.773675, "relative_strength": -30.323238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.473349, "energy": 84.798841, "activity_lines": [ 117.866666, 126.749091, 158.89381, 175.626412 ] }, { "date": "2025-11-14", "close": 119.800003, "volume": 468258, "typical_volume": 1047917.95, "trend": 185.81646, "fair_value": 88.378644, "relative_strength": -28.316564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.477206, "energy": 74.444497, "activity_lines": [ 118.093333, 123.607273, 152.357143, 171.304357 ] }, { "date": "2025-11-21", "close": 157.199997, "volume": 891081, "typical_volume": 1063725.15, "trend": 185.669862, "fair_value": 89.227581, "relative_strength": -4.696296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.572049, "energy": 50.347244, "activity_lines": [ 130.893332, 128.287273, 149.966667, 169.458133 ] }, { "date": "2025-11-28", "close": 166.399994, "volume": 1054035, "typical_volume": 1084378.15, "trend": 185.536116, "fair_value": 90.128853, "relative_strength": -3.084929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.300112, "energy": 30.993928, "activity_lines": [ 144.439997, 134.719999, 148.913333, 168.214916 ] }, { "date": "2025-12-05", "close": 169.0, "volume": 377300, "typical_volume": 1054295.6, "trend": 185.280103, "fair_value": 91.049809, "relative_strength": -3.716314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.85982, "energy": 34.129717, "activity_lines": [ 155.799998, 141.472726, 148.660476, 167.14807 ] }, { "date": "2025-12-12", "close": 172.800003, "volume": 322761, "typical_volume": 1020217.3, "trend": 184.79165, "fair_value": 91.995427, "relative_strength": -2.224301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.596111, "energy": 31.8061, "activity_lines": [ 164.893333, 148.498181, 149.171905, 166.342902 ] }, { "date": "2025-12-19", "close": 157.199997, "volume": 236721, "typical_volume": 1004824.8, "trend": 183.776667, "fair_value": 92.84044, "relative_strength": -12.270637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.076025, "energy": 27.141173, "activity_lines": [ 164.946665, 151.974544, 148.484285, 164.562796 ] }, { "date": "2025-12-26", "close": 155.600006, "volume": 81331, "typical_volume": 980726.1, "trend": 182.636667, "fair_value": 93.681838, "relative_strength": -13.971022, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.55508, "energy": 21.943146, "activity_lines": [ 161.973335, 154.509091, 148.048095, 162.744946 ] }, { "date": "2026-01-02", "close": 156.399994, "volume": 127122, "typical_volume": 964623.0, "trend": 181.25, "fair_value": 94.524741, "relative_strength": -15.033104, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.151265, "energy": 15.424339, "activity_lines": [ 159.373333, 156.585454, 148.132857, 161.052258 ] }, { "date": "2026-01-09", "close": 154.0, "volume": 207689, "typical_volume": 915341.05, "trend": 179.77, "fair_value": 95.349846, "relative_strength": -19.289524, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.36558, "energy": 16.851583, "activity_lines": [ 156.639999, 157.574545, 148.408571, 159.294193 ] }, { "date": "2026-01-16", "close": 152.199997, "volume": 198535, "typical_volume": 860629.65, "trend": 177.643333, "fair_value": 96.16311, "relative_strength": -22.217365, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.203043, "energy": 19.450609, "activity_lines": [ 154.306665, 157.545453, 148.77238, 157.515484 ] }, { "date": "2026-01-23", "close": 144.199997, "volume": 270518, "typical_volume": 756185.85, "trend": 174.366666, "fair_value": 96.916641, "relative_strength": -25.876786, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.617301, "energy": 25.139677, "activity_lines": [ 150.679998, 155.389089, 148.546666, 155.357849 ] }, { "date": "2026-01-30", "close": 137.399994, "volume": 169216, "typical_volume": 687843.45, "trend": 170.48, "fair_value": 97.616925, "relative_strength": -29.766163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.084256, "energy": 32.954601, "activity_lines": [ 145.65333, 151.552725, 147.82476, 152.972902 ] }, { "date": "2026-02-06", "close": 130.800003, "volume": 338238, "typical_volume": 624672.8, "trend": 165.423333, "fair_value": 98.25317, "relative_strength": -35.03504, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.543165, "energy": 40.041754, "activity_lines": [ 139.639998, 146.876362, 146.589523, 150.412903 ] }, { "date": "2026-02-13", "close": 129.800003, "volume": 223706, "typical_volume": 565503.55, "trend": 161.3, "fair_value": 98.882401, "relative_strength": -35.363448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.427873, "energy": 55.035279, "activity_lines": [ 135.0, 142.665454, 145.388571, 148.114623 ] }, { "date": "2026-02-20", "close": 130.0, "volume": 158429, "typical_volume": 510409.95, "trend": 157.866666, "fair_value": 99.520762, "relative_strength": -36.272787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.532503, "energy": 68.227899, "activity_lines": [ 132.04, 139.203636, 144.283809, 146.095268 ] }, { "date": "2026-02-27", "close": 155.0, "volume": 657544, "typical_volume": 480727.35, "trend": 154.966666, "fair_value": 100.276521, "relative_strength": -25.046972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.050705, "energy": 30.505759, "activity_lines": [ 138.893334, 141.065454, 145.577142, 145.910322 ] }, { "date": "2026-03-06", "close": 148.600006, "volume": 267151, "typical_volume": 389075.85, "trend": 151.62, "fair_value": 100.946585, "relative_strength": -23.743712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.416157, "energy": 13.911664, "activity_lines": [ 142.893336, 141.803637, 146.100952, 145.49957 ] }, { "date": "2026-03-13", "close": 139.399994, "volume": 166025, "typical_volume": 361122.05, "trend": 148.116666, "fair_value": 101.587857, "relative_strength": -27.870745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.016384, "energy": 13.357041, "activity_lines": [ 143.08, 140.996363, 145.623809, 144.711182 ] }, { "date": "2026-03-20", "close": 127.400002, "volume": 211426, "typical_volume": 352120.4, "trend": 145.413333, "fair_value": 102.158243, "relative_strength": -30.290501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.967536, "energy": 19.401113, "activity_lines": [ 138.693334, 138.316364, 143.914285, 143.374623 ] }, { "date": "2026-03-27", "close": 132.800003, "volume": 245260, "typical_volume": 333617.3, "trend": 143.56, "fair_value": 102.744832, "relative_strength": -27.084154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.577511, "energy": 25.523707, "activity_lines": [ 136.266668, 137.101819, 142.664762, 142.56086 ] }, { "date": "2026-04-03", "close": 138.557785, "volume": 126960, "typical_volume": 316552.4, "trend": 142.311926, "fair_value": 103.34992, "relative_strength": -26.240295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.570561, "energy": 34.915462, "activity_lines": [ 135.572596, 137.286871, 141.879789, 142.238137 ] }, { "date": "2026-04-10", "close": 145.082657, "volume": 176181, "typical_volume": 280807.4, "trend": 141.761348, "fair_value": 104.021583, "relative_strength": -25.997463, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.33111, "energy": 13.547353, "activity_lines": [ 138.149629, 138.760849, 141.62691, 142.416893 ] }, { "date": "2026-04-17", "close": 145.274567, "volume": 262391, "typical_volume": 241225.2, "trend": 141.337167, "fair_value": 104.6818, "relative_strength": -27.190041, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.168187, "energy": 2.226536, "activity_lines": [ 141.025122, 140.130034, 141.450009, 142.643553 ] }, { "date": "2026-04-24", "close": 123.780846, "volume": 328144, "typical_volume": 238767.4, "trend": 140.596528, "fair_value": 105.209669, "relative_strength": -35.816052, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -31.12832, "energy": 15.429622, "activity_lines": [ 136.344403, 137.328097, 139.326685, 141.510887 ] }, { "date": "2026-05-01", "close": 123.780846, "volume": 159899, "typical_volume": 230624.3, "trend": 140.269223, "fair_value": 105.758666, "relative_strength": -34.381286, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -30.435364, "energy": 25.351347, "activity_lines": [ 131.904961, 134.635599, 137.41869, 140.426004 ] }, { "date": "2026-05-08", "close": 120.902222, "volume": 362298, "typical_volume": 236903.15, "trend": 140.25263, "fair_value": 106.277137, "relative_strength": -35.522495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.558338, "energy": 55.919047, "activity_lines": [ 127.107255, 131.53279, 135.469965, 139.17652 ] }, { "date": "2026-05-15", "close": 124.356575, "volume": 181186, "typical_volume": 241895.9, "trend": 140.31785, "fair_value": 106.806886, "relative_strength": -32.166846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.357369, "energy": 60.731888, "activity_lines": [ 124.638037, 129.678005, 134.023073, 138.150968 ] }, { "date": "2026-05-22", "close": 142.108093, "volume": 558689, "typical_volume": 263474.25, "trend": 141.034786, "fair_value": 107.449219, "relative_strength": -24.452318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.332862, "energy": 36.78814, "activity_lines": [ 129.467731, 131.491558, 134.415579, 138.266468 ] }, { "date": "2026-05-29", "close": 149.688461, "volume": 681161, "typical_volume": 287147.85, "trend": 142.157735, "fair_value": 108.125054, "relative_strength": -19.484628, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.450231, "energy": 8.635241, "activity_lines": [ 137.035313, 134.634122, 135.598082, 138.824769 ] }, { "date": "2026-06-05", "close": 135.300003, "volume": 71397, "typical_volume": 280790.95, "trend": 142.827735, "fair_value": 108.741855, "relative_strength": -25.872671, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.859516, "energy": 17.428357, "activity_lines": [ 138.079567, 134.755358, 135.430787, 138.382335 ] }, { "date": "2026-06-12", "close": 139.899994, "volume": 38402, "typical_volume": 269185.15, "trend": 143.497735, "fair_value": 109.372448, "relative_strength": -22.37206, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.520897, "energy": 20.09295, "activity_lines": [ 139.889208, 135.667501, 135.782062, 138.193449 ] }, { "date": "2026-06-19", "close": 135.399994, "volume": 163794, "typical_volume": 268914.05, "trend": 142.771068, "fair_value": 109.973592, "relative_strength": -25.273174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.938189, "energy": 13.711423, "activity_lines": [ 138.932331, 135.737059, 135.725243, 137.671014 ] }, { "date": "2026-06-26", "close": 133.199997, "volume": 38303, "typical_volume": 253917.3, "trend": 141.664401, "fair_value": 110.554597, "relative_strength": -24.513984, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.275269, "energy": 9.261105, "activity_lines": [ 136.505894, 135.582666, 135.468423, 137.053525 ] }, { "date": "2026-07-03", "close": 141.0, "volume": 85450, "typical_volume": 247004.5, "trend": 140.731068, "fair_value": 111.193449, "relative_strength": -20.824841, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.943791, "energy": 4.367228, "activity_lines": [ 137.273331, 137.065993, 135.943032, 137.010661 ] }, { "date": "2026-07-10", "close": 133.100006, "volume": 113809, "typical_volume": 244773.5, "trend": 139.407735, "fair_value": 111.790714, "relative_strength": -21.735516, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.692646, "energy": 15.202428, "activity_lines": [ 135.986667, 136.799881, 135.611928, 136.518334 ] }, { "date": "2026-07-17", "close": 126.599998, "volume": 187650, "typical_volume": 221278.8, "trend": 138.387735, "fair_value": 112.350539, "relative_strength": -23.191044, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.124021, "energy": 24.277624, "activity_lines": [ 132.68, 135.182511, 134.647013, 135.692028 ] }, { "date": "2026-07-24", "close": 129.199997, "volume": 174686, "typical_volume": 216655.55, "trend": 137.507734, "fair_value": 112.92884, "relative_strength": -21.491211, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.554699, "energy": 36.576653, "activity_lines": [ 131.126666, 133.934272, 134.064955, 135.099271 ] }, { "date": "2026-07-31", "close": 127.400002, "volume": 183064, "typical_volume": 217507.5, "trend": 136.541068, "fair_value": 113.491378, "relative_strength": -22.072941, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.403366, "energy": 46.674302, "activity_lines": [ 129.386667, 132.270699, 133.403851, 134.447159 ] }, { "date": "2026-08-07", "close": 134.100006, "volume": 193935, "typical_volume": 216632.95, "trend": 135.877735, "fair_value": 114.098676, "relative_strength": -17.863915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.745912, "energy": 40.139008, "activity_lines": [ 130.266669, 132.092728, 133.437984, 134.289672 ] } ], "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." } } }