{ "ticker": { "uuid": "b05e2df3-4e06-49a3-8a28-0c468a13b71a", "symbol": "ELUX-B", "name": "AB Electrolux (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": -64.281, "architecture_energy": 61.718, "architecture_maturity": 81.941, "architecture_confidence": 93.28, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 8.22, "rotation_up": 29.75, "upward_expansion": 12.0, "deceleration": 58.41, "rotation_down": 51.72, "downward_expansion": 85.33 }, "activity_lines": [ 27.029333, 27.177637, 32.235649, 39.70963 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 30.75, "trend_reference": 49.941171, "distance_from_trend": -0.384276, "trend_direction": "Weakening", "fair_value": 78.8017, "distance_from_fair_value": -0.60978, "fair_value_direction": "Weakening", "relative_strength": -49.24725, "relative_strength_direction": "Weakening", "price_momentum": -0.632001, "excess_performance": -0.693495, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.384276, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.180529, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.60978, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.22447, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.492473, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.282819, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.632001, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.941576, "read": "Supply-led" } ], "volume": { "latest": 17551516, "relative_activity": 1.236081, "balance": 0.941576, "dry_up": 1.550802, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.167165, "annualized_volatility": 1.097748, "from_high_reference": -0.652149, "from_low_reference": 0.409904 }, "levels": { "trend_reference": 49.941171, "fair_value_reference": 78.8017, "structural_low": 21.809999, "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": 38, "median_return": 0.001875, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00291, "regime_survival": 0.789474, "best_return": 0.233621, "worst_return": -0.190823, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.010628, "positive_rate": 0.461538, "directional_follow_through": 0.538462, "median_excess_return": -0.032633, "regime_survival": 0.384615, "best_return": 0.23723, "worst_return": -0.263378, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.170555, "positive_rate": 0.125, "directional_follow_through": 0.875, "median_excess_return": -0.134313, "regime_survival": 0.625, "best_return": 0.125384, "worst_return": -0.233562, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.22494, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.258141, "regime_survival": 0.5, "best_return": -0.013836, "worst_return": -0.358159, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-07-05", "tenure": "New", "return": -0.085949, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-08-09", "tenure": "Developing", "return": -0.042937, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-10-04", "tenure": "Developing", "return": 0.082776, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": -0.107804, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.091113, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": 0.098135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-03-28", "tenure": "Developing", "return": -0.17362, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-11-21", "tenure": "Extended", "return": -0.246154, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.055704, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": 0.042642, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.153246, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": -0.248834, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": -0.014937, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.110303, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 127.199997, "volume": 3316135, "typical_volume": 7951067.2, "trend": 137.928334, "fair_value": 167.366385, "relative_strength": -7.751252, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.591931, "energy": 56.383184, "activity_lines": [ 127.593333, 132.586363, 139.782381, 139.291484 ] }, { "date": "2023-08-25", "close": 119.5, "volume": 4995084, "typical_volume": 7935525.95, "trend": 136.857, "fair_value": 167.066264, "relative_strength": -13.117925, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.532268, "energy": 64.547897, "activity_lines": [ 125.019999, 129.536363, 137.550714, 138.102559 ] }, { "date": "2023-09-01", "close": 118.449997, "volume": 6676914, "typical_volume": 7909485.5, "trend": 136.405333, "fair_value": 166.773594, "relative_strength": -15.03918, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.956793, "energy": 66.734328, "activity_lines": [ 122.343331, 126.754544, 135.245475, 136.91501 ] }, { "date": "2023-09-08", "close": 112.650002, "volume": 5882044, "typical_volume": 7816295.8, "trend": 135.888333, "fair_value": 166.455373, "relative_strength": -18.493609, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.066422, "energy": 81.981796, "activity_lines": [ 118.543333, 123.278181, 132.454761, 135.382408 ] }, { "date": "2023-09-15", "close": 117.849998, "volume": 7153783, "typical_volume": 7358860.55, "trend": 135.560667, "fair_value": 166.106954, "relative_strength": -15.211427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.511174, "energy": 74.701302, "activity_lines": [ 117.426666, 121.375454, 130.266904, 134.218645 ] }, { "date": "2023-09-22", "close": 112.349998, "volume": 8104212, "typical_volume": 6924175.1, "trend": 134.979, "fair_value": 165.688108, "relative_strength": -17.782764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.950664, "energy": 79.515726, "activity_lines": [ 115.166665, 119.007272, 127.729999, 132.721182 ] }, { "date": "2023-09-29", "close": 113.050003, "volume": 6460235, "typical_volume": 6902053.65, "trend": 134.504, "fair_value": 165.241417, "relative_strength": -16.587304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.443086, "energy": 72.65603, "activity_lines": [ 114.13, 117.436363, 125.533333, 131.306408 ] }, { "date": "2023-10-06", "close": 113.099998, "volume": 5245021, "typical_volume": 6926401.75, "trend": 134.134, "fair_value": 164.787104, "relative_strength": -16.22085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.610745, "energy": 58.745297, "activity_lines": [ 113.54, 116.05909, 123.591666, 129.925505 ] }, { "date": "2023-10-13", "close": 113.349998, "volume": 4808504, "typical_volume": 6901559.55, "trend": 134.079, "fair_value": 164.328154, "relative_strength": -17.051268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.161188, "energy": 56.941824, "activity_lines": [ 113.389999, 115.045454, 121.914523, 128.584602 ] }, { "date": "2023-10-20", "close": 108.699997, "volume": 6795535, "typical_volume": 6150149.15, "trend": 133.785666, "fair_value": 163.860952, "relative_strength": -15.864668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.685917, "energy": 83.212297, "activity_lines": [ 111.643332, 113.432726, 120.002618, 126.947247 ] }, { "date": "2023-10-27", "close": 90.0, "volume": 13014577, "typical_volume": 6579671.7, "trend": 132.588333, "fair_value": 163.29827, "relative_strength": -28.829454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.29302, "energy": 95.257801, "activity_lines": [ 104.273332, 108.774544, 116.499285, 124.122365 ] }, { "date": "2023-11-03", "close": 97.900002, "volume": 7985644, "typical_volume": 6669178.3, "trend": 131.683333, "fair_value": 162.704827, "relative_strength": -24.89146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.984311, "energy": 90.42338, "activity_lines": [ 101.026666, 106.22909, 114.005237, 121.884408 ] }, { "date": "2023-11-10", "close": 98.660004, "volume": 5694725, "typical_volume": 6594891.95, "trend": 130.555333, "fair_value": 162.150333, "relative_strength": -23.291508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.326926, "energy": 87.586793, "activity_lines": [ 99.043335, 104.214546, 111.806666, 119.753871 ] }, { "date": "2023-11-17", "close": 104.849998, "volume": 6051859, "typical_volume": 6563038.85, "trend": 129.542, "fair_value": 161.629744, "relative_strength": -21.065959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.045496, "energy": 66.018811, "activity_lines": [ 100.086001, 103.685273, 110.386143, 118.095462 ] }, { "date": "2023-11-24", "close": 103.25, "volume": 5219883, "typical_volume": 6648370.8, "trend": 127.832, "fair_value": 161.106405, "relative_strength": -22.781055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.421375, "energy": 58.079616, "activity_lines": [ 101.162001, 103.006909, 109.014904, 116.399204 ] }, { "date": "2023-12-01", "close": 103.949997, "volume": 5322098, "typical_volume": 6742034.1, "trend": 125.637, "fair_value": 160.612391, "relative_strength": -22.34794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.8854, "energy": 44.635837, "activity_lines": [ 102.834666, 102.721272, 107.919857, 114.85843 ] }, { "date": "2023-12-08", "close": 104.699997, "volume": 7051960, "typical_volume": 6214856.2, "trend": 123.606999, "fair_value": 160.13849, "relative_strength": -23.295233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.077285, "energy": 36.155937, "activity_lines": [ 103.827332, 102.724726, 107.111714, 113.507655 ] }, { "date": "2023-12-15", "close": 106.349998, "volume": 10609848, "typical_volume": 6389791.65, "trend": 121.696999, "fair_value": 159.684407, "relative_strength": -23.891738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.898226, "energy": 29.989127, "activity_lines": [ 104.916664, 103.179999, 106.548809, 112.3943 ] }, { "date": "2023-12-22", "close": 108.550003, "volume": 5419540, "typical_volume": 6461233.45, "trend": 120.080333, "fair_value": 159.267241, "relative_strength": -21.426078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.538091, "energy": 22.388435, "activity_lines": [ 106.226666, 104.158, 106.310904, 111.546107 ] }, { "date": "2023-12-29", "close": 108.099998, "volume": 2773751, "typical_volume": 6429067.6, "trend": 118.733666, "fair_value": 158.854988, "relative_strength": -21.824786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.001359, "energy": 18.873338, "activity_lines": [ 107.139999, 105.141454, 106.117523, 110.773182 ] }, { "date": "2024-01-05", "close": 103.849998, "volume": 5075471, "typical_volume": 6517034.4, "trend": 117.396999, "fair_value": 158.429064, "relative_strength": -22.204467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.451678, "energy": 18.323921, "activity_lines": [ 106.313332, 105.36309, 105.615094, 109.812945 ] }, { "date": "2024-01-12", "close": 97.900002, "volume": 12872824, "typical_volume": 6910921.4, "trend": 115.835333, "fair_value": 157.929767, "relative_strength": -26.492562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.191925, "energy": 32.772488, "activity_lines": [ 103.51, 104.25109, 104.65719, 108.555075 ] }, { "date": "2024-01-19", "close": 93.400002, "volume": 6737979, "typical_volume": 6913974.65, "trend": 114.340333, "fair_value": 157.334047, "relative_strength": -27.414897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.105205, "energy": 46.129119, "activity_lines": [ 99.660001, 102.320909, 103.373571, 107.107634 ] }, { "date": "2024-01-26", "close": 100.599998, "volume": 6709995, "typical_volume": 6955372.2, "trend": 112.786999, "fair_value": 156.79661, "relative_strength": -23.50239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.01615, "energy": 55.139234, "activity_lines": [ 99.073333, 101.795454, 102.894952, 106.221161 ] }, { "date": "2024-02-02", "close": 98.160004, "volume": 11134199, "typical_volume": 7154393.0, "trend": 111.150666, "fair_value": 156.218118, "relative_strength": -24.868938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.512244, "energy": 59.515579, "activity_lines": [ 98.203335, 100.903637, 102.241333, 105.277484 ] }, { "date": "2024-02-09", "close": 88.739998, "volume": 12616310, "typical_volume": 7379997.9, "trend": 109.135333, "fair_value": 155.566535, "relative_strength": -31.139728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.90433, "energy": 72.777753, "activity_lines": [ 94.856, 98.391637, 100.784333, 103.831634 ] }, { "date": "2024-02-16", "close": 88.220001, "volume": 10714010, "typical_volume": 7592686.65, "trend": 107.969333, "fair_value": 154.927213, "relative_strength": -32.672846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.556939, "energy": 71.659207, "activity_lines": [ 92.342667, 96.061637, 99.390238, 102.482258 ] }, { "date": "2024-02-23", "close": 90.400002, "volume": 7180016, "typical_volume": 7689436.4, "trend": 106.629333, "fair_value": 154.354714, "relative_strength": -31.232856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.355087, "energy": 67.952397, "activity_lines": [ 91.201334, 94.427637, 98.322, 101.348753 ] }, { "date": "2024-03-01", "close": 90.68, "volume": 8471055, "typical_volume": 7872563.95, "trend": 105.422, "fair_value": 153.721342, "relative_strength": -31.267953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.351668, "energy": 65.887105, "activity_lines": [ 90.353334, 93.134546, 97.388524, 100.319763 ] }, { "date": "2024-03-08", "close": 90.139999, "volume": 5515032, "typical_volume": 7808538.8, "trend": 104.153333, "fair_value": 152.938959, "relative_strength": -31.898023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.028762, "energy": 52.47025, "activity_lines": [ 89.986667, 92.068182, 96.511572, 99.333828 ] }, { "date": "2024-03-15", "close": 91.279999, "volume": 10881698, "typical_volume": 7701894.85, "trend": 102.956, "fair_value": 152.109013, "relative_strength": -31.817216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.559491, "energy": 43.1175, "activity_lines": [ 90.534666, 91.535636, 95.831571, 98.50329 ] }, { "date": "2024-03-22", "close": 92.419998, "volume": 6954381, "typical_volume": 7650331.7, "trend": 102.053333, "fair_value": 151.261541, "relative_strength": -30.484046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.637425, "energy": 36.576354, "activity_lines": [ 91.293332, 91.438909, 95.254047, 97.823548 ] }, { "date": "2024-03-29", "close": 95.620003, "volume": 3724502, "typical_volume": 7551820.55, "trend": 101.292333, "fair_value": 150.466619, "relative_strength": -27.11972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.380991, "energy": 23.880223, "activity_lines": [ 92.838667, 92.023637, 95.007381, 97.408495 ] }, { "date": "2024-04-05", "close": 92.980003, "volume": 8226324, "typical_volume": 7660543.8, "trend": 100.636667, "fair_value": 149.622154, "relative_strength": -28.217759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.713091, "energy": 19.382567, "activity_lines": [ 93.156001, 92.088001, 94.523762, 96.872215 ] }, { "date": "2024-04-12", "close": 90.099998, "volume": 9419464, "typical_volume": 7870522.85, "trend": 99.711667, "fair_value": 148.737676, "relative_strength": -29.903349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.257914, "energy": 22.873588, "activity_lines": [ 92.36, 91.767273, 93.822381, 96.19243 ] }, { "date": "2024-04-19", "close": 91.080002, "volume": 11179233, "typical_volume": 8163379.6, "trend": 99.002667, "fair_value": 147.902584, "relative_strength": -28.361939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.176911, "energy": 22.539447, "activity_lines": [ 91.893334, 91.771273, 93.276953, 95.635549 ] }, { "date": "2024-04-26", "close": 95.459999, "volume": 10769107, "typical_volume": 8349236.95, "trend": 98.416333, "fair_value": 147.130518, "relative_strength": -25.685286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.898918, "energy": 19.064385, "activity_lines": [ 92.9, 92.529091, 93.209953, 95.406989 ] }, { "date": "2024-05-03", "close": 96.0, "volume": 10836631, "typical_volume": 8360576.1, "trend": 97.846333, "fair_value": 146.362496, "relative_strength": -23.635525, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.655984, "energy": 10.050946, "activity_lines": [ 93.884, 93.253455, 93.238381, 95.251097 ] }, { "date": "2024-05-10", "close": 101.0, "volume": 5198969, "typical_volume": 8349547.55, "trend": 97.434667, "fair_value": 145.621865, "relative_strength": -21.252111, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.673743, "energy": 13.402882, "activity_lines": [ 96.509333, 94.785091, 93.792286, 95.454559 ] }, { "date": "2024-05-17", "close": 101.849998, "volume": 6944981, "typical_volume": 8558109.05, "trend": 97.206333, "fair_value": 144.943184, "relative_strength": -18.769848, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.735494, "energy": 35.177256, "activity_lines": [ 98.883333, 96.283636, 94.463095, 95.739419 ] }, { "date": "2024-05-24", "close": 95.440002, "volume": 7672027, "typical_volume": 8687936.85, "trend": 97.387667, "fair_value": 144.176815, "relative_strength": -23.529252, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.678257, "energy": 29.581388, "activity_lines": [ 98.337333, 96.403818, 94.553191, 95.625463 ] }, { "date": "2024-05-31", "close": 99.779999, "volume": 7208876, "typical_volume": 8404739.45, "trend": 97.450333, "fair_value": 143.437101, "relative_strength": -18.554062, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.702151, "energy": 37.090425, "activity_lines": [ 98.947333, 97.237455, 95.096667, 95.779807 ] }, { "date": "2024-06-07", "close": 95.980003, "volume": 5331579, "typical_volume": 8334419.45, "trend": 97.361, "fair_value": 142.689338, "relative_strength": -21.404124, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.896426, "energy": 14.805754, "activity_lines": [ 98.002668, 97.246364, 95.269286, 95.684947 ] }, { "date": "2024-06-14", "close": 94.940002, "volume": 8007062, "typical_volume": 8399272.8, "trend": 97.030667, "fair_value": 141.911609, "relative_strength": -19.534659, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.291131, "energy": 4.645231, "activity_lines": [ 96.712668, 97.059637, 95.330572, 95.528753 ] }, { "date": "2024-06-21", "close": 92.279999, "volume": 7132711, "typical_volume": 8199198.4, "trend": 96.665, "fair_value": 141.129061, "relative_strength": -21.304955, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.775144, "energy": 18.333414, "activity_lines": [ 94.940001, 96.353637, 95.165477, 95.222258 ] }, { "date": "2024-06-28", "close": 87.860001, "volume": 9678163, "typical_volume": 8052291.05, "trend": 96.128667, "fair_value": 140.304199, "relative_strength": -24.00096, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.515562, "energy": 32.746981, "activity_lines": [ 92.332001, 94.804364, 94.607429, 94.654194 ] }, { "date": "2024-07-05", "close": 86.779999, "volume": 7363599, "typical_volume": 7884770.5, "trend": 95.531334, "fair_value": 139.465425, "relative_strength": -23.522511, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.87006, "energy": 50.843343, "activity_lines": [ 89.869334, 93.117273, 93.950715, 94.051054 ] }, { "date": "2024-07-12", "close": 89.900002, "volume": 6873917, "typical_volume": 7869465.55, "trend": 94.983, "fair_value": 138.645486, "relative_strength": -21.914847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.223407, "energy": 55.651577, "activity_lines": [ 89.313334, 92.155273, 93.598, 93.687742 ] }, { "date": "2024-07-19", "close": 92.419998, "volume": 12972061, "typical_volume": 8094515.85, "trend": 94.445334, "fair_value": 137.915676, "relative_strength": -17.148294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.43678, "energy": 46.198817, "activity_lines": [ 90.002666, 91.762364, 93.487667, 93.522387 ] }, { "date": "2024-07-26", "close": 95.879997, "volume": 6819705, "typical_volume": 8159749.5, "trend": 94.038, "fair_value": 137.215036, "relative_strength": -13.521369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.736361, "energy": 17.453245, "activity_lines": [ 92.013332, 92.154545, 93.698571, 93.614946 ] }, { "date": "2024-08-02", "close": 89.040001, "volume": 9486643, "typical_volume": 8089996.75, "trend": 93.544334, "fair_value": 136.49152, "relative_strength": -15.243913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.822193, "energy": 18.979225, "activity_lines": [ 91.503999, 91.411636, 93.230714, 93.292495 ] }, { "date": "2024-08-09", "close": 86.040001, "volume": 9171002, "typical_volume": 8200827.8, "trend": 93.149, "fair_value": 135.73421, "relative_strength": -16.949785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.832612, "energy": 27.657789, "activity_lines": [ 89.916, 90.239636, 92.48781, 92.808344 ] }, { "date": "2024-08-16", "close": 95.68, "volume": 7233252, "typical_volume": 8376265.3, "trend": 93.225, "fair_value": 135.0585, "relative_strength": -9.472302, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.276575, "energy": 10.469428, "activity_lines": [ 91.590667, 91.070182, 92.693381, 92.971635 ] }, { "date": "2024-08-23", "close": 98.699997, "volume": 8783613, "typical_volume": 8404129.75, "trend": 93.161667, "fair_value": 134.400983, "relative_strength": -6.837879, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.425015, "energy": 8.897516, "activity_lines": [ 93.886666, 92.455272, 93.186285, 93.32486 ] }, { "date": "2024-08-30", "close": 98.68, "volume": 4410399, "typical_volume": 8153676.5, "trend": 93.179, "fair_value": 133.764308, "relative_strength": -7.478289, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.578385, "energy": 27.358228, "activity_lines": [ 95.757333, 93.768363, 93.650047, 93.680882 ] }, { "date": "2024-09-06", "close": 96.440002, "volume": 5910963, "typical_volume": 7890263.0, "trend": 93.435667, "fair_value": 133.182008, "relative_strength": -4.814052, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.076544, "energy": 30.52543, "activity_lines": [ 96.694667, 94.557818, 93.859619, 93.891269 ] }, { "date": "2024-09-13", "close": 96.0, "volume": 9254950, "typical_volume": 7814555.15, "trend": 93.695, "fair_value": 132.603876, "relative_strength": -6.214482, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.077518, "energy": 36.000513, "activity_lines": [ 96.992, 95.111273, 94.001762, 94.05671 ] }, { "date": "2024-09-20", "close": 95.279999, "volume": 6053334, "typical_volume": 7575390.3, "trend": 93.857667, "fair_value": 132.0188, "relative_strength": -8.215611, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.804967, "energy": 29.045999, "activity_lines": [ 96.385333, 95.366182, 94.072762, 94.158968 ] }, { "date": "2024-09-27", "close": 100.25, "volume": 8031350, "typical_volume": 7717009.35, "trend": 94.176667, "fair_value": 131.47814, "relative_strength": -4.977426, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.537146, "energy": 34.312688, "activity_lines": [ 97.462, 96.426909, 94.620524, 94.571376 ] }, { "date": "2024-10-04", "close": 103.599998, "volume": 6459634, "typical_volume": 7692742.0, "trend": 94.625333, "fair_value": 130.995057, "relative_strength": 0.155225, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.582867, "energy": 44.881143, "activity_lines": [ 99.551999, 97.954363, 95.490904, 95.179333 ] }, { "date": "2024-10-11", "close": 99.440002, "volume": 4336597, "typical_volume": 7525970.5, "trend": 94.897333, "fair_value": 130.459376, "relative_strength": -2.677545, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.069727, "energy": 40.722584, "activity_lines": [ 99.927333, 98.585091, 95.956762, 95.489957 ] }, { "date": "2024-10-18", "close": 102.5, "volume": 5910306, "typical_volume": 7461042.0, "trend": 95.233334, "fair_value": 129.905955, "relative_strength": 0.730157, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.615494, "energy": 56.562481, "activity_lines": [ 101.122667, 99.583091, 96.695, 95.980452 ] }, { "date": "2024-10-25", "close": 88.720001, "volume": 20927050, "typical_volume": 8240815.55, "trend": 95.003333, "fair_value": 129.271302, "relative_strength": -12.327647, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.703435, "energy": 12.031979, "activity_lines": [ 97.291334, 97.776364, 96.107905, 95.560237 ] }, { "date": "2024-11-01", "close": 89.120003, "volume": 15247685, "typical_volume": 8602846.7, "trend": 94.874667, "fair_value": 128.601549, "relative_strength": -10.230434, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.663763, "energy": 12.833632, "activity_lines": [ 94.030668, 96.16891, 95.593476, 95.180667 ] }, { "date": "2024-11-08", "close": 91.839996, "volume": 9805939, "typical_volume": 8736508.1, "trend": 94.932667, "fair_value": 127.946145, "relative_strength": -7.050759, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.069119, "energy": 19.290256, "activity_lines": [ 92.418666, 95.230182, 95.365809, 94.984882 ] }, { "date": "2024-11-15", "close": 86.980003, "volume": 9310907, "typical_volume": 8718145.3, "trend": 94.796, "fair_value": 127.181174, "relative_strength": -9.673513, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.971022, "energy": 43.159344, "activity_lines": [ 89.970667, 93.532182, 94.677381, 94.471807 ] }, { "date": "2024-11-22", "close": 81.0, "volume": 9396334, "typical_volume": 8819782.05, "trend": 94.314, "fair_value": 126.427881, "relative_strength": -15.42354, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.179661, "energy": 70.690059, "activity_lines": [ 86.36, 90.91891, 93.423619, 93.581742 ] }, { "date": "2024-11-29", "close": 81.519997, "volume": 8571049, "typical_volume": 8904638.65, "trend": 93.831333, "fair_value": 125.673599, "relative_strength": -14.276326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.23943, "energy": 71.957165, "activity_lines": [ 84.355999, 88.672909, 92.246905, 92.756323 ] }, { "date": "2024-12-06", "close": 87.300003, "volume": 8684435, "typical_volume": 8690257.35, "trend": 93.374667, "fair_value": 124.918706, "relative_strength": -11.188573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.360698, "energy": 64.238562, "activity_lines": [ 84.758667, 87.728, 91.660572, 92.334946 ] }, { "date": "2024-12-13", "close": 95.940002, "volume": 11763816, "typical_volume": 8937462.9, "trend": 93.177667, "fair_value": 124.222902, "relative_strength": 0.173163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.628465, "energy": 30.26289, "activity_lines": [ 88.162668, 88.589455, 91.921477, 92.500452 ] }, { "date": "2024-12-20", "close": 89.900002, "volume": 7798224, "typical_volume": 8853041.95, "trend": 92.993, "fair_value": 123.476031, "relative_strength": -2.567745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.31047, "energy": 19.757753, "activity_lines": [ 89.280001, 88.492001, 91.606858, 92.28899 ] }, { "date": "2024-12-27", "close": 92.5, "volume": 1840552, "typical_volume": 8486519.45, "trend": 92.750334, "fair_value": 122.71372, "relative_strength": 0.033637, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.708815, "energy": 19.079843, "activity_lines": [ 91.069334, 89.040728, 91.535762, 92.257183 ] }, { "date": "2025-01-03", "close": 90.800003, "volume": 2460420, "typical_volume": 8247877.85, "trend": 92.577667, "fair_value": 121.953478, "relative_strength": -2.216295, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.828724, "energy": 19.595768, "activity_lines": [ 91.525335, 89.462183, 91.272001, 92.131355 ] }, { "date": "2025-01-10", "close": 89.519997, "volume": 3888284, "typical_volume": 8003111.4, "trend": 92.397, "fair_value": 121.236895, "relative_strength": -3.760508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.646502, "energy": 14.687549, "activity_lines": [ 90.936, 89.613091, 90.909572, 91.934086 ] }, { "date": "2025-01-17", "close": 102.349998, "volume": 9619521, "typical_volume": 8263567.5, "trend": 92.732667, "fair_value": 120.668003, "relative_strength": 6.179731, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.996738, "energy": 21.527747, "activity_lines": [ 94.475333, 92.089455, 91.812762, 92.576215 ] }, { "date": "2025-01-24", "close": 107.900002, "volume": 8967512, "typical_volume": 8416394.95, "trend": 93.400667, "fair_value": 120.239034, "relative_strength": 9.8601, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 49.856371, "energy": 55.361448, "activity_lines": [ 99.437333, 95.383819, 93.227048, 93.554753 ] }, { "date": "2025-01-31", "close": 101.0, "volume": 16912667, "typical_volume": 8799280.8, "trend": 93.874667, "fair_value": 119.73805, "relative_strength": 2.999241, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.16866, "energy": 58.976983, "activity_lines": [ 100.899333, 97.043273, 93.929619, 94.045033 ] }, { "date": "2025-02-07", "close": 94.440002, "volume": 10452652, "typical_volume": 9019246.7, "trend": 94.026, "fair_value": 119.202732, "relative_strength": -2.468178, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.578386, "energy": 47.79935, "activity_lines": [ 99.608001, 97.146364, 93.98362, 94.081506 ] }, { "date": "2025-02-14", "close": 98.68, "volume": 7056603, "typical_volume": 8970509.35, "trend": 94.234667, "fair_value": 118.727935, "relative_strength": -0.97045, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.937266, "energy": 51.275892, "activity_lines": [ 99.487334, 97.785455, 94.445429, 94.381764 ] }, { "date": "2025-02-21", "close": 95.580002, "volume": 6330902, "typical_volume": 8964072.75, "trend": 94.224667, "fair_value": 118.279883, "relative_strength": -4.235282, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.691938, "energy": 24.113115, "activity_lines": [ 97.722668, 97.654001, 94.619477, 94.46856 ] }, { "date": "2025-02-28", "close": 91.760002, "volume": 9085065, "typical_volume": 9201496.15, "trend": 94.315334, "fair_value": 117.925889, "relative_strength": -7.924668, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.619346, "energy": 10.329424, "activity_lines": [ 95.136001, 96.834546, 94.467906, 94.309549 ] }, { "date": "2025-03-07", "close": 92.239998, "volume": 9025560, "typical_volume": 9357258.85, "trend": 94.522, "fair_value": 117.55151, "relative_strength": -7.477423, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.902735, "energy": 11.942417, "activity_lines": [ 93.785334, 96.068546, 94.39862, 94.175656 ] }, { "date": "2025-03-14", "close": 90.0, "volume": 6505600, "typical_volume": 8636186.35, "trend": 94.332667, "fair_value": 117.148572, "relative_strength": -8.028366, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.780712, "energy": 20.201329, "activity_lines": [ 92.272, 94.9, 94.164858, 93.883914 ] }, { "date": "2025-03-21", "close": 87.639999, "volume": 5507755, "typical_volume": 8149189.85, "trend": 93.964, "fair_value": 116.813549, "relative_strength": -8.482857, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.841358, "energy": 36.837, "activity_lines": [ 90.268, 93.316909, 93.700238, 93.452129 ] }, { "date": "2025-03-28", "close": 84.580002, "volume": 4726003, "typical_volume": 7895193.05, "trend": 93.494, "fair_value": 116.459747, "relative_strength": -8.439444, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.15013, "energy": 54.120598, "activity_lines": [ 87.98, 91.211637, 92.951239, 92.84671 ] }, { "date": "2025-04-04", "close": 74.099998, "volume": 9399703, "typical_volume": 7899632.85, "trend": 92.749334, "fair_value": 116.018301, "relative_strength": -10.602695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.481169, "energy": 77.206521, "activity_lines": [ 82.932, 87.524, 91.238715, 91.595484 ] }, { "date": "2025-04-11", "close": 66.779999, "volume": 16218984, "typical_volume": 8240765.35, "trend": 91.775334, "fair_value": 115.494908, "relative_strength": -18.807661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.483362, "energy": 87.136533, "activity_lines": [ 76.621333, 83.12, 88.890381, 89.920043 ] }, { "date": "2025-04-18", "close": 68.220001, "volume": 9796874, "typical_volume": 8302056.6, "trend": 90.873334, "fair_value": 114.952372, "relative_strength": -19.483617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.782717, "energy": 90.991243, "activity_lines": [ 72.488, 79.6, 86.746905, 88.400344 ] }, { "date": "2025-04-25", "close": 73.279999, "volume": 7185345, "typical_volume": 8227102.1, "trend": 89.974334, "fair_value": 114.472779, "relative_strength": -15.734493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.530588, "energy": 85.849615, "activity_lines": [ 71.493333, 77.476727, 85.148667, 87.265291 ] }, { "date": "2025-05-02", "close": 59.959999, "volume": 29672824, "typical_volume": 9122552.5, "trend": 88.519667, "fair_value": 113.906169, "relative_strength": -31.553332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.389867, "energy": 93.601664, "activity_lines": [ 67.015999, 73.393454, 82.348619, 85.328882 ] }, { "date": "2025-05-09", "close": 61.439999, "volume": 11986216, "typical_volume": 9331952.1, "trend": 87.253, "fair_value": 113.30925, "relative_strength": -28.962701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.480213, "energy": 89.329851, "activity_lines": [ 64.673333, 70.226908, 79.860857, 83.581806 ] }, { "date": "2025-05-16", "close": 64.080002, "volume": 24610092, "typical_volume": 10470429.1, "trend": 85.972334, "fair_value": 112.798679, "relative_strength": -28.133052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.757979, "energy": 75.287927, "activity_lines": [ 64.054667, 68.091636, 77.760048, 82.086774 ] }, { "date": "2025-05-23", "close": 61.560001, "volume": 17858160, "typical_volume": 11240316.1, "trend": 85.067, "fair_value": 112.240819, "relative_strength": -28.712597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.742429, "energy": 76.0095, "activity_lines": [ 62.776, 66.010182, 75.554572, 80.511785 ] }, { "date": "2025-05-30", "close": 62.48, "volume": 8519198, "typical_volume": 11471861.8, "trend": 84.179, "fair_value": 111.685216, "relative_strength": -27.593779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.752772, "energy": 63.193323, "activity_lines": [ 62.248, 64.613091, 73.575952, 79.054559 ] }, { "date": "2025-06-06", "close": 59.119999, "volume": 8895368, "typical_volume": 11435654.15, "trend": 83.088334, "fair_value": 111.16394, "relative_strength": -31.680369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.292828, "energy": 65.387386, "activity_lines": [ 61.32, 63.062545, 71.406095, 77.43785 ] }, { "date": "2025-06-13", "close": 66.0, "volume": 18746171, "typical_volume": 11924587.1, "trend": 82.389, "fair_value": 110.735852, "relative_strength": -21.359543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.864064, "energy": 56.806518, "activity_lines": [ 62.741333, 63.225818, 70.097333, 76.335376 ] }, { "date": "2025-06-20", "close": 65.779999, "volume": 10314118, "typical_volume": 11594659.65, "trend": 81.881667, "fair_value": 110.312381, "relative_strength": -20.821834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.121053, "energy": 46.17885, "activity_lines": [ 63.785333, 63.496363, 68.967143, 75.263828 ] }, { "date": "2025-06-27", "close": 68.860001, "volume": 7180666, "typical_volume": 11431060.35, "trend": 81.459667, "fair_value": 109.884926, "relative_strength": -18.757608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.065273, "energy": 36.677589, "activity_lines": [ 65.742667, 64.345091, 68.298, 74.42372 ] }, { "date": "2025-07-04", "close": 71.760002, "volume": 10060648, "typical_volume": 11581262.6, "trend": 80.941667, "fair_value": 109.425217, "relative_strength": -15.291131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.329688, "energy": 27.06488, "activity_lines": [ 68.180001, 65.709455, 68.026857, 73.797936 ] }, { "date": "2025-07-11", "close": 72.639999, "volume": 4940992, "typical_volume": 11511767.1, "trend": 80.165, "fair_value": 109.010819, "relative_strength": -15.075155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.915507, "energy": 27.713957, "activity_lines": [ 70.292, 67.261455, 67.967714, 73.262344 ] }, { "date": "2025-07-18", "close": 61.599998, "volume": 17207485, "typical_volume": 11917888.1, "trend": 79.221667, "fair_value": 108.501047, "relative_strength": -27.541138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.259183, "energy": 26.612157, "activity_lines": [ 67.822666, 66.575636, 66.966381, 72.064602 ] }, { "date": "2025-07-25", "close": 63.220001, "volume": 12861395, "typical_volume": 12109679.85, "trend": 78.245667, "fair_value": 107.990611, "relative_strength": -26.791588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.074671, "energy": 26.882669, "activity_lines": [ 66.186667, 66.181454, 66.262952, 71.032237 ] }, { "date": "2025-08-01", "close": 58.400002, "volume": 7969044, "typical_volume": 12182852.05, "trend": 77.165667, "fair_value": 107.44162, "relative_strength": -29.901175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.852551, "energy": 49.671655, "activity_lines": [ 63.114667, 64.926546, 65.238667, 69.751871 ] }, { "date": "2025-08-08", "close": 59.959999, "volume": 7104236, "typical_volume": 12262676.1, "trend": 76.180333, "fair_value": 106.845383, "relative_strength": -29.453815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.581185, "energy": 61.320065, "activity_lines": [ 61.26, 64.012727, 64.513429, 68.641828 ] }, { "date": "2025-08-15", "close": 60.060001, "volume": 6541564, "typical_volume": 12353454.15, "trend": 74.770667, "fair_value": 106.318834, "relative_strength": -29.723521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.547605, "energy": 67.365284, "activity_lines": [ 60.225334, 63.162909, 63.929524, 67.601807 ] }, { "date": "2025-08-22", "close": 61.220001, "volume": 5343027, "typical_volume": 12150620.35, "trend": 73.214667, "fair_value": 105.854206, "relative_strength": -28.995345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.954911, "energy": 63.10172, "activity_lines": [ 60.416001, 62.50691, 63.572857, 66.72757 ] }, { "date": "2025-08-29", "close": 56.080002, "volume": 10254605, "typical_volume": 11852401.4, "trend": 71.717334, "fair_value": 105.38613, "relative_strength": -32.707867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.847284, "energy": 52.339922, "activity_lines": [ 58.918668, 61.003273, 62.788, 65.622108 ] }, { "date": "2025-09-05", "close": 55.720001, "volume": 5821784, "typical_volume": 11653646.9, "trend": 70.426667, "fair_value": 104.930435, "relative_strength": -32.441209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.622783, "energy": 50.786783, "activity_lines": [ 57.777334, 59.610546, 62.01981, 64.590022 ] }, { "date": "2025-09-12", "close": 53.959999, "volume": 5312669, "typical_volume": 11560013.1, "trend": 68.936, "fair_value": 104.510285, "relative_strength": -34.082483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.749424, "energy": 57.61801, "activity_lines": [ 56.228001, 58.136728, 61.143524, 63.527656 ] }, { "date": "2025-09-19", "close": 52.860001, "volume": 6517732, "typical_volume": 10402258.5, "trend": 67.512, "fair_value": 104.107564, "relative_strength": -35.013673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.728458, "energy": 70.459666, "activity_lines": [ 54.712001, 56.786546, 60.254477, 62.490495 ] }, { "date": "2025-09-26", "close": 51.080002, "volume": 8257447, "typical_volume": 10215820.05, "trend": 66.156, "fair_value": 103.69, "relative_strength": -36.41715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.843586, "energy": 74.578708, "activity_lines": [ 53.082668, 55.472365, 59.229715, 61.430366 ] }, { "date": "2025-10-03", "close": 52.860001, "volume": 9376258, "typical_volume": 9454128.35, "trend": 64.843334, "fair_value": 103.283333, "relative_strength": -35.400215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.036535, "energy": 71.62526, "activity_lines": [ 52.722668, 54.673092, 58.42381, 60.57256 ] }, { "date": "2025-10-10", "close": 52.060001, "volume": 7456312, "typical_volume": 8934035.95, "trend": 63.578667, "fair_value": 102.828462, "relative_strength": -35.074518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.704517, "energy": 64.389791, "activity_lines": [ 52.310668, 53.916728, 57.595144, 59.747828 ] }, { "date": "2025-10-17", "close": 54.18, "volume": 12721430, "typical_volume": 9144147.55, "trend": 62.463334, "fair_value": 102.399615, "relative_strength": -31.411619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.88746, "energy": 60.965693, "activity_lines": [ 52.849334, 53.661092, 57.01362, 59.141463 ] }, { "date": "2025-10-24", "close": 57.82, "volume": 6180425, "typical_volume": 9008400.4, "trend": 61.571334, "fair_value": 101.894103, "relative_strength": -28.414467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.10776, "energy": 36.801615, "activity_lines": [ 54.586667, 54.172364, 56.818286, 58.841893 ] }, { "date": "2025-10-31", "close": 61.400002, "volume": 14164875, "typical_volume": 8779335.6, "trend": 61.148, "fair_value": 101.425385, "relative_strength": -22.789017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.079276, "energy": 17.850056, "activity_lines": [ 57.186668, 55.375274, 56.970096, 58.830839 ] }, { "date": "2025-11-07", "close": 57.619999, "volume": 6242309, "typical_volume": 8575745.15, "trend": 60.842667, "fair_value": 100.821923, "relative_strength": -25.907795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.936231, "energy": 24.42444, "activity_lines": [ 57.838667, 55.887637, 56.78381, 58.603226 ] }, { "date": "2025-11-14", "close": 57.860001, "volume": 6013063, "typical_volume": 8517365.0, "trend": 60.497334, "fair_value": 100.283205, "relative_strength": -25.559448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.210332, "energy": 23.75356, "activity_lines": [ 58.253334, 56.415637, 56.659239, 58.410796 ] }, { "date": "2025-11-21", "close": 55.860001, "volume": 5192917, "typical_volume": 8273978.45, "trend": 59.916667, "fair_value": 99.706923, "relative_strength": -26.012861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.265, "energy": 17.062663, "activity_lines": [ 57.614667, 56.541092, 56.396572, 58.111614 ] }, { "date": "2025-11-28", "close": 59.959999, "volume": 5791435, "typical_volume": 8316500.6, "trend": 59.916667, "fair_value": 99.115513, "relative_strength": -22.519525, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.595268, "energy": 8.106074, "activity_lines": [ 58.230667, 57.377455, 56.600096, 58.114409 ] }, { "date": "2025-12-05", "close": 60.540001, "volume": 6680250, "typical_volume": 7790138.85, "trend": 59.886667, "fair_value": 98.552436, "relative_strength": -22.199804, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.344356, "energy": 9.494638, "activity_lines": [ 58.897334, 58.190182, 56.919239, 58.154624 ] }, { "date": "2025-12-12", "close": 63.299999, "volume": 7579328, "typical_volume": 7526035.5, "trend": 59.860667, "fair_value": 98.060769, "relative_strength": -17.622703, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.10176, "energy": 33.117985, "activity_lines": [ 60.541333, 59.332727, 57.506286, 58.374839 ] }, { "date": "2025-12-19", "close": 62.380001, "volume": 6380788, "typical_volume": 7446622.7, "trend": 59.888, "fair_value": 97.560898, "relative_strength": -18.572537, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.703066, "energy": 41.688806, "activity_lines": [ 61.5, 60.118182, 58.005334, 58.537377 ] }, { "date": "2025-12-26", "close": 61.900002, "volume": 2115729, "typical_volume": 7197197.35, "trend": 59.868667, "fair_value": 97.055257, "relative_strength": -18.524834, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.060867, "energy": 42.392136, "activity_lines": [ 61.997334, 60.628728, 58.439715, 58.667183 ] }, { "date": "2026-01-02", "close": 65.400002, "volume": 3081661, "typical_volume": 7024202.2, "trend": 60.078001, "fair_value": 96.46641, "relative_strength": -14.042928, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.40765, "energy": 54.698975, "activity_lines": [ 63.258668, 61.635274, 59.198191, 59.024044 ] }, { "date": "2026-01-09", "close": 64.860001, "volume": 5090918, "typical_volume": 7011596.75, "trend": 60.040001, "fair_value": 95.871026, "relative_strength": -16.599605, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.827013, "energy": 48.898203, "activity_lines": [ 63.977335, 62.405819, 59.87981, 59.33256 ] }, { "date": "2026-01-16", "close": 68.639999, "volume": 6240750, "typical_volume": 6810904.0, "trend": 60.135334, "fair_value": 95.346923, "relative_strength": -12.549489, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.154023, "energy": 59.607006, "activity_lines": [ 65.668001, 63.800728, 60.904096, 59.887398 ] }, { "date": "2026-01-23", "close": 65.040001, "volume": 5679878, "typical_volume": 6803808.7, "trend": 60.008001, "fair_value": 94.791795, "relative_strength": -15.247421, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.150216, "energy": 59.338255, "activity_lines": [ 65.802667, 64.340728, 61.525715, 60.203829 ] }, { "date": "2026-01-30", "close": 71.779999, "volume": 12158374, "typical_volume": 7146093.95, "trend": 60.008667, "fair_value": 94.405769, "relative_strength": -5.8619, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.761297, "energy": 71.600406, "activity_lines": [ 68.006667, 65.975637, 62.744858, 60.963312 ] }, { "date": "2026-02-06", "close": 83.559998, "volume": 12331700, "typical_volume": 7436792.35, "trend": 60.372667, "fair_value": 94.119872, "relative_strength": 7.025445, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.319394, "energy": 91.245154, "activity_lines": [ 73.478666, 69.462909, 65.001048, 62.482753 ] }, { "date": "2026-02-13", "close": 82.040001, "volume": 9166882, "typical_volume": 7482264.1, "trend": 61.054001, "fair_value": 93.827308, "relative_strength": 5.917775, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.235729, "energy": 91.40004, "activity_lines": [ 77.233333, 72.244727, 66.966286, 63.880646 ] }, { "date": "2026-02-20", "close": 77.279999, "volume": 6288620, "typical_volume": 7327882.2, "trend": 61.522667, "fair_value": 93.490641, "relative_strength": -1.30725, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.975116, "energy": 85.142161, "activity_lines": [ 78.255999, 73.770182, 68.330762, 64.927484 ] }, { "date": "2026-02-27", "close": 76.379997, "volume": 7949274, "typical_volume": 7352530.3, "trend": 62.122, "fair_value": 93.164231, "relative_strength": -2.980562, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.366836, "energy": 81.676217, "activity_lines": [ 78.402665, 74.877817, 69.493238, 65.886022 ] }, { "date": "2026-03-06", "close": 67.860001, "volume": 6004203, "typical_volume": 7016668.95, "trend": 62.385334, "fair_value": 92.803077, "relative_strength": -7.744869, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.18434, "energy": 47.275251, "activity_lines": [ 74.953333, 74.181818, 69.728476, 66.256215 ] }, { "date": "2026-03-13", "close": 60.779999, "volume": 6816912, "typical_volume": 7048493.3, "trend": 62.409334, "fair_value": 92.455513, "relative_strength": -15.931168, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.647395, "energy": 17.692801, "activity_lines": [ 69.405333, 72.090181, 69.224286, 66.152645 ] }, { "date": "2026-03-20", "close": 60.040001, "volume": 8208274, "typical_volume": 6750663.25, "trend": 62.37, "fair_value": 92.08718, "relative_strength": -11.61137, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.291937, "energy": 22.598896, "activity_lines": [ 65.129333, 69.948, 68.635524, 65.999785 ] }, { "date": "2026-03-27", "close": 60.459999, "volume": 6922649, "typical_volume": 6784680.25, "trend": 62.516, "fair_value": 91.667564, "relative_strength": -10.082861, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.61978, "energy": 35.270199, "activity_lines": [ 62.46, 67.969818, 68.093238, 65.876559 ] }, { "date": "2026-04-03", "close": 60.580002, "volume": 8673974, "typical_volume": 6917725.8, "trend": 62.678, "fair_value": 91.254295, "relative_strength": -12.134603, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.01847, "energy": 35.6327, "activity_lines": [ 60.952001, 66.162182, 67.548857, 65.751656 ] }, { "date": "2026-04-10", "close": 62.82, "volume": 6337859, "typical_volume": 6974972.9, "trend": 62.973334, "fair_value": 90.807628, "relative_strength": -12.450283, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.474957, "energy": 30.063724, "activity_lines": [ 61.244, 64.842909, 67.204857, 65.760817 ] }, { "date": "2026-04-17", "close": 64.260002, "volume": 11224828, "typical_volume": 7246642.55, "trend": 63.353334, "fair_value": 90.352564, "relative_strength": -11.83196, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.814189, "energy": 22.487797, "activity_lines": [ 62.352001, 63.948364, 66.964857, 65.843828 ] }, { "date": "2026-04-24", "close": 45.099998, "volume": 25296455, "typical_volume": 8177452.8, "trend": 63.154, "fair_value": 89.650962, "relative_strength": -35.657688, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.045009, "energy": 48.249415, "activity_lines": [ 56.841333, 59.921091, 64.879619, 64.666194 ] }, { "date": "2026-05-01", "close": 50.880001, "volume": 10751906, "typical_volume": 8336081.7, "trend": 63.088, "fair_value": 88.888654, "relative_strength": -25.962333, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.413084, "energy": 58.018358, "activity_lines": [ 54.253334, 57.616364, 63.418381, 63.874323 ] }, { "date": "2026-05-08", "close": 54.200001, "volume": 14531050, "typical_volume": 8743594.8, "trend": 63.159334, "fair_value": 88.174551, "relative_strength": -20.965377, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.672657, "energy": 60.381718, "activity_lines": [ 53.410667, 56.395273, 62.332476, 63.300903 ] }, { "date": "2026-05-15", "close": 50.119999, "volume": 7164420, "typical_volume": 8996029.35, "trend": 63.024, "fair_value": 87.446795, "relative_strength": -25.460456, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.611623, "energy": 78.962695, "activity_lines": [ 51.633333, 54.835637, 60.896952, 62.459656 ] }, { "date": "2026-05-22", "close": 27.695145, "volume": 19913281, "typical_volume": 9837610.35, "trend": 62.019838, "fair_value": 86.617597, "relative_strength": -59.686232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.573933, "energy": 92.05409, "activity_lines": [ 43.227715, 49.521299, 57.381823, 60.180375 ] }, { "date": "2026-05-29", "close": 29.1, "volume": 34253612, "typical_volume": 11295745.05, "trend": 60.943172, "fair_value": 85.852213, "relative_strength": -56.935096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.50721, "energy": 94.015499, "activity_lines": [ 37.728039, 45.063933, 54.180037, 58.056514 ] }, { "date": "2026-06-05", "close": 32.959999, "volume": 4456567, "typical_volume": 11206535.9, "trend": 60.121172, "fair_value": 85.140738, "relative_strength": -50.312107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.204062, "energy": 89.689784, "activity_lines": [ 34.581695, 41.87093, 51.516155, 56.251148 ] }, { "date": "2026-06-12", "close": 29.58, "volume": 1585854, "typical_volume": 11001834.7, "trend": 59.178505, "fair_value": 84.402469, "relative_strength": -54.656926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.624378, "energy": 90.603946, "activity_lines": [ 31.503352, 38.563382, 48.700274, 54.28075 ] }, { "date": "2026-06-19", "close": 29.0, "volume": 15689083, "typical_volume": 11178370.15, "trend": 58.283172, "fair_value": 83.702148, "relative_strength": -55.73458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.329455, "energy": 88.798676, "activity_lines": [ 29.873009, 35.714016, 45.998011, 52.33375 ] }, { "date": "2026-06-26", "close": 30.190001, "volume": 3555965, "typical_volume": 10739583.4, "trend": 57.290838, "fair_value": 82.952084, "relative_strength": -52.762473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.692142, "energy": 81.910708, "activity_lines": [ 30.047334, 33.695922, 43.612796, 50.521287 ] }, { "date": "2026-07-03", "close": 28.200001, "volume": 2450089, "typical_volume": 10403743.75, "trend": 56.212838, "fair_value": 82.188943, "relative_strength": -56.322705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.812971, "energy": 71.669898, "activity_lines": [ 29.392001, 31.935465, 41.2922, 48.644459 ] }, { "date": "2026-07-10", "close": 24.559999, "volume": 23097637, "typical_volume": 11244194.6, "trend": 54.921505, "fair_value": 81.389969, "relative_strength": -60.333071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.971367, "energy": 69.454402, "activity_lines": [ 27.583333, 29.820462, 38.881319, 46.602341 ] }, { "date": "2026-07-17", "close": 23.780001, "volume": 16907615, "typical_volume": 11692111.65, "trend": 53.634838, "fair_value": 80.752661, "relative_strength": -60.569179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.571467, "energy": 68.359196, "activity_lines": [ 26.074667, 28.042187, 36.647199, 44.593211 ] }, { "date": "2026-07-24", "close": 22.83, "volume": 16328786, "typical_volume": 12208340.8, "trend": 52.332505, "fair_value": 80.061828, "relative_strength": -62.116834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.320301, "energy": 87.058976, "activity_lines": [ 24.636, 26.644276, 34.573079, 42.605802 ] }, { "date": "2026-07-31", "close": 27.77, "volume": 37293460, "typical_volume": 13732168.2, "trend": 51.078171, "fair_value": 79.426379, "relative_strength": -53.908621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.004814, "energy": 70.044911, "activity_lines": [ 25.255333, 26.640727, 33.183864, 41.021125 ] }, { "date": "2026-08-07", "close": 30.75, "volume": 17551516, "typical_volume": 14199330.3, "trend": 49.941171, "fair_value": 78.8017, "relative_strength": -49.24725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.280653, "energy": 61.718368, "activity_lines": [ 27.029333, 27.177637, 32.235649, 39.70963 ] } ], "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." } } }