{ "ticker": { "uuid": "b3be375c-80dd-4117-a271-44a60ca10028", "symbol": "SDIP-B", "name": "Sdiptech 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 40.645, "architecture_energy": 21.415, "architecture_maturity": 51.954, "architecture_confidence": 91.186, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 38.47, "rotation_up": 33.42, "upward_expansion": 59.09, "deceleration": 84.48, "rotation_down": 25.97, "downward_expansion": 18.09 }, "activity_lines": [ 240.533333, 241.621819, 241.168096, 232.404301 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 244.199997, "trend_reference": 218.49, "distance_from_trend": 0.117671, "trend_direction": "Improving", "fair_value": 235.152564, "distance_from_fair_value": 0.038475, "fair_value_direction": "Improving", "relative_strength": 6.733805, "relative_strength_direction": "Weakening", "price_momentum": 0.44497, "excess_performance": 0.383476, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.117671, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.097535, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.038475, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.049083, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.067338, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.012097, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.44497, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.259498, "read": "Demand-led" } ], "volume": { "latest": 219545, "relative_activity": 0.742527, "balance": 1.259498, "dry_up": 0.749196, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.066654, "annualized_volatility": 0.330417, "from_high_reference": -0.081264, "from_low_reference": 0.484498 }, "levels": { "trend_reference": 218.49, "fair_value_reference": 235.152564, "structural_low": 165.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.021262, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.048064, "regime_survival": 0.571429, "best_return": 0.052504, "worst_return": -0.197556, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.129337, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.056623, "regime_survival": 0.0, "best_return": 0.148325, "worst_return": -0.189017, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.098086, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.051028, "regime_survival": 0.0, "best_return": 0.220031, "worst_return": -0.289911, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.220793, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.206899, "regime_survival": 0.0, "best_return": -0.103312, "worst_return": -0.338274, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-02", "end": "2024-04-12", "tenure": "Developing", "return": -0.029968, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-19", "end": "2024-05-03", "tenure": "New", "return": 0.164228, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-10", "end": "2024-08-02", "tenure": "Established", "return": 0.027907, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-10-04", "tenure": "Developing", "return": -0.059387, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": -0.179167, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-08", "end": "2025-05-16", "tenure": "Extended", "return": -0.084252, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": -0.018282, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-08-01", "tenure": "Developing", "return": -0.069633, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-08", "end": "2025-12-05", "tenure": "Established", "return": -0.024441, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-30", "tenure": "Developing", "return": -0.088628, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": 0.105325, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-04-03", "tenure": "Developing", "return": 0.043657, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-10", "end": "2026-07-10", "tenure": "Established", "return": 0.051304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.013278, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 252.0, "volume": 322845, "typical_volume": 306765.45, "trend": 259.031966, "fair_value": 296.039052, "relative_strength": 3.373996, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.260343, "energy": 20.681211, "activity_lines": [ 274.653333, 275.392727, 271.116193, 264.636677 ] }, { "date": "2023-08-25", "close": 245.399994, "volume": 350631, "typical_volume": 316796.75, "trend": 258.66634, "fair_value": 296.557413, "relative_strength": 0.538432, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 6.592482, "energy": 12.919748, "activity_lines": [ 263.159998, 270.239999, 269.37143, 263.757195 ] }, { "date": "2023-09-01", "close": 250.0, "volume": 404961, "typical_volume": 324376.8, "trend": 257.502332, "fair_value": 297.157997, "relative_strength": 0.553205, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -19.343108, "energy": 27.134189, "activity_lines": [ 255.706665, 266.356362, 268.000001, 263.198076 ] }, { "date": "2023-09-08", "close": 238.600006, "volume": 302617, "typical_volume": 319973.9, "trend": 257.299979, "fair_value": 297.784771, "relative_strength": -3.497219, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.663902, "energy": 37.162952, "activity_lines": [ 247.546667, 260.567272, 265.468573, 261.978572 ] }, { "date": "2023-09-15", "close": 223.199997, "volume": 486911, "typical_volume": 327089.5, "trend": 255.791196, "fair_value": 298.232172, "relative_strength": -10.421075, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.716539, "energy": 61.751509, "activity_lines": [ 237.546666, 252.498181, 261.400001, 259.778573 ] }, { "date": "2023-09-22", "close": 216.199997, "volume": 457791, "typical_volume": 326632.85, "trend": 254.531546, "fair_value": 298.659519, "relative_strength": -12.079755, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.069435, "energy": 71.074149, "activity_lines": [ 228.999999, 244.032726, 256.72762, 257.224302 ] }, { "date": "2023-09-29", "close": 221.399994, "volume": 316855, "typical_volume": 318711.4, "trend": 253.458448, "fair_value": 299.086076, "relative_strength": -9.512702, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.610835, "energy": 69.095255, "activity_lines": [ 224.573331, 237.509089, 252.803809, 255.086782 ] }, { "date": "2023-10-06", "close": 198.399994, "volume": 509029, "typical_volume": 336745.75, "trend": 252.233334, "fair_value": 299.368299, "relative_strength": -18.431286, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.355393, "energy": 85.308628, "activity_lines": [ 214.079996, 227.923634, 246.880951, 251.534624 ] }, { "date": "2023-10-13", "close": 189.800003, "volume": 369617, "typical_volume": 338666.6, "trend": 250.926668, "fair_value": 299.592291, "relative_strength": -22.999599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.260939, "energy": 88.880405, "activity_lines": [ 204.159998, 218.556362, 240.490475, 247.506667 ] }, { "date": "2023-10-20", "close": 186.5, "volume": 413266, "typical_volume": 337422.2, "trend": 249.476668, "fair_value": 299.698965, "relative_strength": -20.148766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.553514, "energy": 90.812067, "activity_lines": [ 196.393332, 210.374544, 234.146666, 243.350108 ] }, { "date": "2023-10-27", "close": 216.800003, "volume": 1043796, "typical_volume": 381693.35, "trend": 248.690001, "fair_value": 300.096034, "relative_strength": -5.902935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.485552, "energy": 77.455505, "activity_lines": [ 201.173334, 209.401817, 231.079523, 241.241936 ] }, { "date": "2023-11-03", "close": 228.600006, "volume": 548493, "typical_volume": 374646.1, "trend": 248.583335, "fair_value": 300.404333, "relative_strength": -4.375742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.527816, "energy": 49.987893, "activity_lines": [ 209.846669, 211.214546, 229.404762, 239.945807 ] }, { "date": "2023-11-10", "close": 218.399994, "volume": 244912, "typical_volume": 378283.85, "trend": 248.050001, "fair_value": 300.668962, "relative_strength": -7.962232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.027831, "energy": 34.280318, "activity_lines": [ 214.64, 211.478181, 226.951904, 237.998495 ] }, { "date": "2023-11-17", "close": 234.399994, "volume": 455060, "typical_volume": 389244.25, "trend": 248.403335, "fair_value": 300.980317, "relative_strength": -4.882372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.77114, "energy": 28.60587, "activity_lines": [ 223.433331, 215.225453, 226.217142, 237.117849 ] }, { "date": "2023-11-24", "close": 248.800003, "volume": 483825, "typical_volume": 401742.95, "trend": 248.816668, "fair_value": 301.362266, "relative_strength": -0.446924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.068653, "energy": 23.921268, "activity_lines": [ 234.053333, 221.667272, 227.009999, 237.143441 ] }, { "date": "2023-12-01", "close": 237.0, "volume": 729948, "typical_volume": 423006.8, "trend": 247.736668, "fair_value": 301.628246, "relative_strength": -5.863174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.411475, "energy": 23.751639, "activity_lines": [ 236.586666, 225.498181, 226.786666, 236.381075 ] }, { "date": "2023-12-08", "close": 251.800003, "volume": 287856, "typical_volume": 427533.0, "trend": 247.410002, "fair_value": 301.982893, "relative_strength": -2.569405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.639018, "energy": 25.389645, "activity_lines": [ 242.706667, 231.641819, 228.134761, 236.643226 ] }, { "date": "2023-12-15", "close": 269.200012, "volume": 390672, "typical_volume": 426849.25, "trend": 247.310002, "fair_value": 302.287769, "relative_strength": 1.071448, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.979897, "energy": 41.44017, "activity_lines": [ 253.080005, 240.396366, 231.288572, 238.049033 ] }, { "date": "2023-12-22", "close": 267.0, "volume": 403444, "typical_volume": 438600.55, "trend": 247.356668, "fair_value": 302.597156, "relative_strength": 0.579476, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.869931, "energy": 54.988607, "activity_lines": [ 259.333337, 247.463639, 234.362382, 239.319355 ] }, { "date": "2023-12-29", "close": 269.799988, "volume": 103851, "typical_volume": 431319.0, "trend": 247.396667, "fair_value": 302.899674, "relative_strength": 0.689647, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.239231, "energy": 63.220655, "activity_lines": [ 264.346665, 253.636363, 237.802857, 240.767312 ] }, { "date": "2024-01-05", "close": 257.799988, "volume": 114034, "typical_volume": 420878.45, "trend": 246.883333, "fair_value": 302.92053, "relative_strength": -1.282773, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.115703, "energy": 56.82433, "activity_lines": [ 263.959995, 256.112725, 240.149046, 241.438493 ] }, { "date": "2024-01-12", "close": 260.0, "volume": 170846, "typical_volume": 411889.2, "trend": 246.576666, "fair_value": 303.110594, "relative_strength": -1.219009, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.616809, "energy": 38.873323, "activity_lines": [ 262.919995, 258.243634, 242.677142, 242.28473 ] }, { "date": "2024-01-19", "close": 232.600006, "volume": 433341, "typical_volume": 413308.2, "trend": 245.689999, "fair_value": 302.932687, "relative_strength": -9.233309, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.168178, "energy": 11.179803, "activity_lines": [ 252.199998, 254.821817, 242.52619, 241.38301 ] }, { "date": "2024-01-26", "close": 258.0, "volume": 190615, "typical_volume": 407708.1, "trend": 245.383332, "fair_value": 302.917599, "relative_strength": -2.25571, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.933474, "energy": 11.764263, "activity_lines": [ 252.386666, 255.759999, 244.877142, 242.177204 ] }, { "date": "2024-02-02", "close": 253.600006, "volume": 144795, "typical_volume": 390602.3, "trend": 244.789999, "fair_value": 302.73161, "relative_strength": -3.547792, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 8.015505, "energy": 10.883029, "activity_lines": [ 251.706669, 255.469091, 246.716667, 242.707312 ] }, { "date": "2024-02-09", "close": 236.199997, "volume": 354743, "typical_volume": 385449.9, "trend": 243.629999, "fair_value": 302.502329, "relative_strength": -9.405476, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.508975, "energy": 13.63832, "activity_lines": [ 246.306668, 251.927272, 246.754286, 242.153118 ] }, { "date": "2024-02-16", "close": 258.600006, "volume": 278079, "typical_volume": 383511.1, "trend": 242.816666, "fair_value": 302.348391, "relative_strength": -2.938228, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.325813, "energy": 19.107997, "activity_lines": [ 249.813336, 252.472728, 248.83, 243.118925 ] }, { "date": "2024-02-23", "close": 259.600006, "volume": 143093, "typical_volume": 365214.3, "trend": 241.59, "fair_value": 302.03335, "relative_strength": -3.481298, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.566089, "energy": 24.397981, "activity_lines": [ 253.74667, 253.076365, 250.823811, 244.201721 ] }, { "date": "2024-03-01", "close": 247.600006, "volume": 231814, "typical_volume": 358324.15, "trend": 240.243333, "fair_value": 301.535914, "relative_strength": -8.726327, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.543554, "energy": 19.190793, "activity_lines": [ 251.880005, 251.67273, 251.383335, 244.589463 ] }, { "date": "2024-03-08", "close": 250.199997, "volume": 173095, "typical_volume": 346315.6, "trend": 239.25, "fair_value": 301.104779, "relative_strength": -8.6328, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.101393, "energy": 19.305714, "activity_lines": [ 251.573336, 251.094548, 251.915239, 245.231829 ] }, { "date": "2024-03-15", "close": 247.199997, "volume": 135827, "typical_volume": 300917.15, "trend": 239.09, "fair_value": 300.778497, "relative_strength": -11.176597, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.740422, "energy": 15.418781, "activity_lines": [ 250.493334, 250.327274, 251.858096, 245.744732 ] }, { "date": "2024-03-22", "close": 254.800003, "volume": 321609, "typical_volume": 289572.95, "trend": 239.403334, "fair_value": 300.36444, "relative_strength": -8.317307, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.727763, "energy": 15.378453, "activity_lines": [ 251.213334, 251.134547, 252.380001, 246.75828 ] }, { "date": "2024-03-29", "close": 260.600006, "volume": 150354, "typical_volume": 284845.05, "trend": 239.756667, "fair_value": 299.897602, "relative_strength": -5.555406, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.804504, "energy": 21.887954, "activity_lines": [ 254.120002, 253.090912, 253.329525, 248.125807 ] }, { "date": "2024-04-05", "close": 258.799988, "volume": 316174, "typical_volume": 277900.75, "trend": 240.43, "fair_value": 299.121422, "relative_strength": -5.657365, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.438338, "energy": 28.258055, "activity_lines": [ 256.359998, 254.210909, 253.906667, 249.354409 ] }, { "date": "2024-04-12", "close": 246.0, "volume": 187361, "typical_volume": 263077.55, "trend": 241.19, "fair_value": 298.198048, "relative_strength": -10.306086, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.80031, "energy": 16.318791, "activity_lines": [ 253.586665, 252.989091, 253.148572, 249.713764 ] }, { "date": "2024-04-19", "close": 246.0, "volume": 180292, "typical_volume": 235594.75, "trend": 242.183333, "fair_value": 297.252958, "relative_strength": -10.109064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.034496, "energy": 8.096619, "activity_lines": [ 251.093332, 251.905454, 252.40381, 250.024086 ] }, { "date": "2024-04-26", "close": 274.200012, "volume": 381621, "typical_volume": 240283.0, "trend": 243.943334, "fair_value": 296.65305, "relative_strength": -2.036984, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.618319, "energy": 29.425959, "activity_lines": [ 258.080003, 255.770911, 254.301906, 252.089678 ] }, { "date": "2024-05-03", "close": 286.399994, "volume": 286694, "typical_volume": 235084.1, "trend": 246.876667, "fair_value": 296.050692, "relative_strength": 3.167248, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.491836, "energy": 53.950397, "activity_lines": [ 267.84, 261.570909, 257.255239, 254.828818 ] }, { "date": "2024-05-10", "close": 301.0, "volume": 321159, "typical_volume": 230969.85, "trend": 250.583334, "fair_value": 295.746663, "relative_strength": 4.84947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.97224, "energy": 79.765183, "activity_lines": [ 280.746667, 269.538182, 261.517144, 258.320646 ] }, { "date": "2024-05-17", "close": 307.799988, "volume": 327426, "typical_volume": 242148.6, "trend": 254.626667, "fair_value": 295.495529, "relative_strength": 8.288516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.292081, "energy": 88.297573, "activity_lines": [ 293.106663, 277.770907, 266.264761, 262.012043 ] }, { "date": "2024-05-24", "close": 332.0, "volume": 220745, "typical_volume": 247484.15, "trend": 258.466667, "fair_value": 295.250623, "relative_strength": 15.614386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.994188, "energy": 95.694482, "activity_lines": [ 309.41333, 289.356362, 273.13619, 267.003871 ] }, { "date": "2024-05-31", "close": 339.799988, "volume": 516740, "typical_volume": 264778.85, "trend": 262.173333, "fair_value": 295.20772, "relative_strength": 18.979016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.060357, "energy": 95.638459, "activity_lines": [ 322.58666, 300.818178, 280.397141, 272.251182 ] }, { "date": "2024-06-07", "close": 339.399994, "volume": 454543, "typical_volume": 265838.95, "trend": 266.206666, "fair_value": 295.218091, "relative_strength": 17.735561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.18288, "energy": 92.538176, "activity_lines": [ 331.253327, 310.661814, 287.239998, 277.233547 ] }, { "date": "2024-06-14", "close": 339.600006, "volume": 604122, "typical_volume": 286514.3, "trend": 269.713333, "fair_value": 295.000188, "relative_strength": 20.304774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.565018, "energy": 89.555146, "activity_lines": [ 336.453331, 319.109088, 293.593332, 281.968601 ] }, { "date": "2024-06-21", "close": 344.600006, "volume": 397114, "typical_volume": 299130.25, "trend": 272.906667, "fair_value": 294.541351, "relative_strength": 21.11968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.255131, "energy": 84.600241, "activity_lines": [ 340.746667, 326.996362, 300.034285, 286.799999 ] }, { "date": "2024-06-28", "close": 323.0, "volume": 509231, "typical_volume": 306854.65, "trend": 275.773333, "fair_value": 293.944052, "relative_strength": 13.520491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.633033, "energy": 64.651715, "activity_lines": [ 335.386668, 329.163635, 303.984761, 290.031827 ] }, { "date": "2024-07-05", "close": 324.0, "volume": 185290, "typical_volume": 302215.2, "trend": 278.18, "fair_value": 293.424513, "relative_strength": 14.330129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.116731, "energy": 56.316984, "activity_lines": [ 330.960002, 330.112726, 307.617142, 293.143225 ] }, { "date": "2024-07-12", "close": 341.799988, "volume": 191499, "typical_volume": 304635.5, "trend": 280.599999, "fair_value": 293.009769, "relative_strength": 17.024192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.314411, "energy": 55.601443, "activity_lines": [ 333.519997, 333.392725, 312.633331, 297.247741 ] }, { "date": "2024-07-19", "close": 342.0, "volume": 183966, "typical_volume": 302243.1, "trend": 283.099999, "fair_value": 292.549776, "relative_strength": 19.700589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.023548, "energy": 50.242649, "activity_lines": [ 335.986664, 335.701816, 317.277141, 301.209031 ] }, { "date": "2024-07-26", "close": 329.600006, "volume": 160969, "typical_volume": 301636.8, "trend": 285.093333, "fair_value": 292.121971, "relative_strength": 15.070872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.124532, "energy": 42.311955, "activity_lines": [ 334.16, 335.010909, 320.290475, 304.209031 ] }, { "date": "2024-08-02", "close": 309.399994, "volume": 124934, "typical_volume": 301092.15, "trend": 286.813333, "fair_value": 291.663947, "relative_strength": 13.007918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.365431, "energy": 32.781191, "activity_lines": [ 326.599998, 330.250908, 321.001903, 305.777203 ] }, { "date": "2024-08-09", "close": 313.200012, "volume": 176051, "typical_volume": 293814.25, "trend": 288.586667, "fair_value": 291.078279, "relative_strength": 14.780934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.696567, "energy": 20.636368, "activity_lines": [ 321.213336, 326.592728, 321.779047, 307.47957 ] }, { "date": "2024-08-16", "close": 318.200012, "volume": 58638, "typical_volume": 289228.45, "trend": 291.44, "fair_value": 290.502947, "relative_strength": 13.023623, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.323948, "energy": 22.438577, "activity_lines": [ 318.21334, 324.327276, 322.754287, 309.390108 ] }, { "date": "2024-08-23", "close": 321.600006, "volume": 195748, "typical_volume": 283207.15, "trend": 293.560001, "fair_value": 289.912185, "relative_strength": 12.839408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.845951, "energy": 18.3406, "activity_lines": [ 317.920007, 323.065458, 323.779049, 311.335915 ] }, { "date": "2024-08-30", "close": 325.600006, "volume": 209511, "typical_volume": 284314.65, "trend": 295.960001, "fair_value": 289.35637, "relative_strength": 12.413292, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.035151, "energy": 13.670939, "activity_lines": [ 320.320007, 322.858186, 324.885716, 313.403012 ] }, { "date": "2024-09-06", "close": 301.0, "volume": 157530, "typical_volume": 283176.55, "trend": 298.120001, "fair_value": 288.636658, "relative_strength": 8.517219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.139527, "energy": 7.054011, "activity_lines": [ 314.786672, 318.523641, 323.270478, 313.728173 ] }, { "date": "2024-09-13", "close": 309.0, "volume": 156728, "typical_volume": 271931.9, "trend": 299.800001, "fair_value": 287.685937, "relative_strength": 9.063738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.263996, "energy": 10.337507, "activity_lines": [ 312.480003, 316.04364, 322.15524, 314.430109 ] }, { "date": "2024-09-20", "close": 304.799988, "volume": 366341, "typical_volume": 275914.25, "trend": 301.306667, "fair_value": 286.916134, "relative_strength": 4.999691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.760035, "energy": 12.170064, "activity_lines": [ 309.053331, 313.072728, 320.474286, 314.752688 ] }, { "date": "2024-09-27", "close": 305.200012, "volume": 400066, "typical_volume": 279859.6, "trend": 303.226667, "fair_value": 286.111669, "relative_strength": 2.509338, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.351436, "energy": 17.158785, "activity_lines": [ 306.653335, 310.847276, 318.743811, 315.003872 ] }, { "date": "2024-10-04", "close": 294.600006, "volume": 222636, "typical_volume": 274620.1, "trend": 304.706667, "fair_value": 285.223746, "relative_strength": -0.054619, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.304558, "energy": 35.934715, "activity_lines": [ 301.813336, 307.36364, 315.983812, 314.447313 ] }, { "date": "2024-10-11", "close": 288.0, "volume": 205782, "typical_volume": 273871.95, "trend": 306.066667, "fair_value": 284.09498, "relative_strength": -2.133186, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.758302, "energy": 49.543981, "activity_lines": [ 296.840002, 303.316366, 312.658098, 313.369464 ] }, { "date": "2024-10-18", "close": 294.799988, "volume": 172845, "typical_volume": 256677.2, "trend": 307.4, "fair_value": 283.050131, "relative_strength": -0.439939, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.144713, "energy": 47.863351, "activity_lines": [ 294.999998, 300.894545, 310.189525, 312.642581 ] }, { "date": "2024-10-25", "close": 267.399994, "volume": 711575, "typical_volume": 269528.8, "trend": 307.626666, "fair_value": 281.987848, "relative_strength": -9.583173, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.187039, "energy": 65.38461, "activity_lines": [ 284.97333, 293.825453, 305.325715, 310.061936 ] }, { "date": "2024-11-01", "close": 236.399994, "volume": 689232, "typical_volume": 273784.3, "trend": 306.88, "fair_value": 280.646193, "relative_strength": -18.763384, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.336889, "energy": 89.746181, "activity_lines": [ 267.106661, 282.043634, 297.852381, 305.466666 ] }, { "date": "2024-11-08", "close": 254.0, "volume": 696797, "typical_volume": 288768.45, "trend": 307.146666, "fair_value": 279.296376, "relative_strength": -12.708504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.498245, "energy": 85.931229, "activity_lines": [ 259.693329, 275.010906, 292.546666, 302.055054 ] }, { "date": "2024-11-15", "close": 247.199997, "volume": 663268, "typical_volume": 296470.3, "trend": 307.186666, "fair_value": 277.91848, "relative_strength": -13.276401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.70886, "energy": 87.785055, "activity_lines": [ 252.719996, 268.043634, 287.024761, 298.187527 ] }, { "date": "2024-11-22", "close": 236.0, "volume": 394365, "typical_volume": 306924.05, "trend": 305.913333, "fair_value": 276.633201, "relative_strength": -17.092051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.217178, "energy": 90.041349, "activity_lines": [ 244.733331, 260.018179, 280.797142, 293.594838 ] }, { "date": "2024-11-29", "close": 228.800003, "volume": 460823, "typical_volume": 320390.25, "trend": 303.993333, "fair_value": 275.24593, "relative_strength": -19.417623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.297677, "energy": 84.474824, "activity_lines": [ 238.266667, 252.010908, 274.302857, 288.619785 ] }, { "date": "2024-12-06", "close": 231.600006, "volume": 301334, "typical_volume": 326258.65, "trend": 301.68, "fair_value": 274.028611, "relative_strength": -21.293043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.688281, "energy": 80.044712, "activity_lines": [ 235.306669, 245.894545, 268.613333, 283.949248 ] }, { "date": "2024-12-13", "close": 229.0, "volume": 463616, "typical_volume": 341391.0, "trend": 299.053334, "fair_value": 272.788421, "relative_strength": -20.096012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.736339, "energy": 77.471325, "activity_lines": [ 231.800002, 240.643636, 263.201905, 279.260215 ] }, { "date": "2024-12-20", "close": 232.399994, "volume": 1063260, "typical_volume": 388307.3, "trend": 295.733333, "fair_value": 271.539005, "relative_strength": -15.967415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.098799, "energy": 62.822138, "activity_lines": [ 231.093333, 237.203635, 258.593333, 274.96 ] }, { "date": "2024-12-27", "close": 237.600006, "volume": 78340, "typical_volume": 383421.75, "trend": 292.326667, "fair_value": 270.136796, "relative_strength": -14.371516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.257741, "energy": 57.009448, "activity_lines": [ 233.106668, 235.720001, 254.846666, 271.209463 ] }, { "date": "2025-01-03", "close": 231.600006, "volume": 153776, "typical_volume": 388178.65, "trend": 288.733334, "fair_value": 268.696125, "relative_strength": -16.980762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.01345, "energy": 54.370777, "activity_lines": [ 233.013336, 234.185456, 250.888572, 267.291614 ] }, { "date": "2025-01-10", "close": 221.0, "volume": 251094, "typical_volume": 390945.95, "trend": 284.780001, "fair_value": 267.438776, "relative_strength": -20.854585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.643803, "energy": 55.888934, "activity_lines": [ 229.200002, 231.374547, 246.333334, 262.921721 ] }, { "date": "2025-01-17", "close": 236.199997, "volume": 271433, "typical_volume": 394042.05, "trend": 281.166667, "fair_value": 266.527031, "relative_strength": -18.282701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.007416, "energy": 45.174007, "activity_lines": [ 231.160001, 231.607274, 243.704762, 259.787527 ] }, { "date": "2025-01-24", "close": 232.600006, "volume": 232110, "typical_volume": 397771.05, "trend": 278.153334, "fair_value": 265.703886, "relative_strength": -20.805547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.340603, "energy": 46.72685, "activity_lines": [ 231.440002, 231.509093, 241.159048, 256.654194 ] }, { "date": "2025-01-31", "close": 227.399994, "volume": 555999, "typical_volume": 417734.6, "trend": 274.933334, "fair_value": 264.714016, "relative_strength": -22.301412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.110422, "energy": 50.010875, "activity_lines": [ 229.973333, 230.73091, 238.44381, 253.379785 ] }, { "date": "2025-02-07", "close": 222.399994, "volume": 503727, "typical_volume": 424603.9, "trend": 270.953334, "fair_value": 263.800669, "relative_strength": -22.905187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.908583, "energy": 52.122735, "activity_lines": [ 227.519997, 229.199999, 235.640952, 249.990537 ] }, { "date": "2025-02-14", "close": 229.0, "volume": 983131, "typical_volume": 453757.15, "trend": 267.186667, "fair_value": 263.056816, "relative_strength": -22.559396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.756726, "energy": 45.854558, "activity_lines": [ 227.879998, 228.985454, 233.859047, 247.283871 ] }, { "date": "2025-02-21", "close": 218.399994, "volume": 439238, "typical_volume": 464587.25, "trend": 263.48, "fair_value": 262.198483, "relative_strength": -25.995563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.199906, "energy": 51.736821, "activity_lines": [ 224.17333, 226.890907, 231.430475, 244.136343 ] }, { "date": "2025-02-28", "close": 209.600006, "volume": 714095, "typical_volume": 490002.9, "trend": 260.153334, "fair_value": 261.47607, "relative_strength": -28.689329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.731373, "energy": 61.769447, "activity_lines": [ 218.719999, 223.38909, 228.526666, 240.660215 ] }, { "date": "2025-03-07", "close": 199.199997, "volume": 335725, "typical_volume": 498146.9, "trend": 256.353334, "fair_value": 260.559804, "relative_strength": -32.005251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.584888, "energy": 70.208753, "activity_lines": [ 211.333332, 218.410908, 225.005714, 236.727741 ] }, { "date": "2025-03-14", "close": 192.0, "volume": 1183561, "typical_volume": 521746.2, "trend": 252.146666, "fair_value": 259.510525, "relative_strength": -33.006793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.466413, "energy": 87.189221, "activity_lines": [ 203.426666, 212.821817, 221.254285, 232.575913 ] }, { "date": "2025-03-21", "close": 197.899994, "volume": 357549, "typical_volume": 505162.05, "trend": 248.023333, "fair_value": 258.675886, "relative_strength": -29.233839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.799171, "energy": 84.817038, "activity_lines": [ 199.513331, 209.025453, 218.423809, 229.076128 ] }, { "date": "2025-03-28", "close": 189.0, "volume": 403641, "typical_volume": 490504.25, "trend": 243.469999, "fair_value": 257.605516, "relative_strength": -29.741802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.939751, "energy": 86.405738, "activity_lines": [ 194.706665, 204.030907, 214.929047, 225.268171 ] }, { "date": "2025-04-04", "close": 184.300003, "volume": 780113, "typical_volume": 496346.5, "trend": 239.579999, "fair_value": 256.454142, "relative_strength": -23.521744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.310915, "energy": 84.406079, "activity_lines": [ 190.293333, 199.039999, 211.29619, 221.450752 ] }, { "date": "2025-04-11", "close": 176.300003, "volume": 776401, "typical_volume": 515448.3, "trend": 235.156666, "fair_value": 255.409073, "relative_strength": -26.252932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.50974, "energy": 78.587736, "activity_lines": [ 184.900001, 193.472727, 207.200952, 217.368172 ] }, { "date": "2025-04-18", "close": 182.300003, "volume": 218874, "typical_volume": 503350.85, "trend": 231.073333, "fair_value": 254.33422, "relative_strength": -25.983737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.76593, "energy": 73.247459, "activity_lines": [ 183.033335, 189.925455, 203.961429, 213.958064 ] }, { "date": "2025-04-25", "close": 200.399994, "volume": 411064, "typical_volume": 508837.35, "trend": 227.579999, "fair_value": 253.468455, "relative_strength": -20.668846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.590534, "energy": 56.00059, "activity_lines": [ 187.846666, 190.398181, 202.667142, 211.979139 ] }, { "date": "2025-05-02", "close": 223.800003, "volume": 1339529, "typical_volume": 552633.0, "trend": 225.219999, "fair_value": 253.014508, "relative_strength": -12.331069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.241166, "energy": 23.202216, "activity_lines": [ 200.293334, 195.645455, 203.75, 211.735269 ] }, { "date": "2025-05-09", "close": 225.600006, "volume": 1007418, "typical_volume": 549840.9, "trend": 223.139999, "fair_value": 252.555969, "relative_strength": -10.765108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.930514, "energy": 20.110526, "activity_lines": [ 211.020002, 201.121819, 205.029048, 211.759785 ] }, { "date": "2025-05-16", "close": 232.600006, "volume": 768329, "typical_volume": 584340.35, "trend": 221.066667, "fair_value": 252.129893, "relative_strength": -10.989154, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.312289, "energy": 40.929687, "activity_lines": [ 221.32667, 207.580002, 207.007144, 212.370108 ] }, { "date": "2025-05-23", "close": 218.800003, "volume": 326817, "typical_volume": 592992.4, "trend": 219.446667, "fair_value": 251.621559, "relative_strength": -13.472966, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.509741, "energy": 37.514701, "activity_lines": [ 223.280004, 210.921821, 207.694763, 212.223872 ] }, { "date": "2025-05-30", "close": 220.0, "volume": 306989, "typical_volume": 595787.15, "trend": 218.9, "fair_value": 251.102306, "relative_strength": -12.877124, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.530061, "energy": 34.855648, "activity_lines": [ 223.200003, 213.994548, 208.55762, 212.259571 ] }, { "date": "2025-06-06", "close": 225.800003, "volume": 143558, "typical_volume": 589393.4, "trend": 217.960001, "fair_value": 250.801395, "relative_strength": -10.808442, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.15821, "energy": 44.561404, "activity_lines": [ 223.746669, 217.720003, 209.97762, 212.704732 ] }, { "date": "2025-06-13", "close": 214.800003, "volume": 199872, "typical_volume": 587781.5, "trend": 216.880001, "fair_value": 250.553465, "relative_strength": -12.257827, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.96897, "energy": 18.594732, "activity_lines": [ 220.493336, 218.776366, 210.399525, 212.500861 ] }, { "date": "2025-06-20", "close": 206.800003, "volume": 228233, "typical_volume": 571393.2, "trend": 215.906668, "fair_value": 250.307999, "relative_strength": -14.277317, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.518032, "energy": 7.524308, "activity_lines": [ 215.293336, 217.823639, 210.144288, 211.850539 ] }, { "date": "2025-06-27", "close": 212.800003, "volume": 178613, "typical_volume": 555137.5, "trend": 215.373334, "fair_value": 250.162239, "relative_strength": -13.176897, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.749843, "energy": 8.311722, "activity_lines": [ 213.813336, 217.407276, 210.558574, 211.650109 ] }, { "date": "2025-07-04", "close": 215.800003, "volume": 203735, "typical_volume": 516167.7, "trend": 214.846667, "fair_value": 249.953217, "relative_strength": -11.464677, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.875372, "energy": 11.527752, "activity_lines": [ 213.733336, 216.981821, 211.304288, 211.677636 ] }, { "date": "2025-07-11", "close": 227.0, "volume": 244053, "typical_volume": 506408.45, "trend": 214.780001, "fair_value": 249.927229, "relative_strength": -7.311165, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.673781, "energy": 11.653776, "activity_lines": [ 217.666669, 218.31273, 213.179526, 212.461722 ] }, { "date": "2025-07-18", "close": 196.5, "volume": 673165, "typical_volume": 504361.95, "trend": 213.583334, "fair_value": 249.543244, "relative_strength": -18.911342, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.16276, "energy": 12.085535, "activity_lines": [ 211.353335, 214.040002, 212.10905, 211.282367 ] }, { "date": "2025-07-25", "close": 200.199997, "volume": 343464, "typical_volume": 504748.9, "trend": 212.336667, "fair_value": 249.062987, "relative_strength": -18.433596, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.747841, "energy": 25.55857, "activity_lines": [ 207.493333, 210.969092, 211.453335, 210.418926 ] }, { "date": "2025-08-01", "close": 192.399994, "volume": 267961, "typical_volume": 458968.9, "trend": 211.03, "fair_value": 248.662719, "relative_strength": -18.538231, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.396857, "energy": 47.99544, "activity_lines": [ 201.473331, 207.06909, 210.050001, 209.132689 ] }, { "date": "2025-08-08", "close": 192.300003, "volume": 210191, "typical_volume": 451601.0, "trend": 210.073334, "fair_value": 248.179317, "relative_strength": -19.866414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.183798, "energy": 61.982772, "activity_lines": [ 196.779999, 203.630909, 208.635239, 207.924302 ] }, { "date": "2025-08-15", "close": 190.399994, "volume": 281172, "typical_volume": 445477.55, "trend": 208.546667, "fair_value": 247.751229, "relative_strength": -20.908599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.793223, "energy": 67.168124, "activity_lines": [ 193.019997, 200.350908, 207.066191, 206.655054 ] }, { "date": "2025-08-22", "close": 197.699997, "volume": 797751, "typical_volume": 446359.45, "trend": 207.383333, "fair_value": 247.583667, "relative_strength": -18.464875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.252588, "energy": 61.481494, "activity_lines": [ 194.13333, 199.041816, 206.185714, 205.955269 ] }, { "date": "2025-08-29", "close": 188.0, "volume": 732286, "typical_volume": 444153.7, "trend": 206.07, "fair_value": 247.451417, "relative_strength": -19.663471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.302062, "energy": 61.141862, "activity_lines": [ 191.933331, 196.279998, 204.317619, 204.704731 ] }, { "date": "2025-09-05", "close": 183.600006, "volume": 856684, "typical_volume": 476044.2, "trend": 204.776667, "fair_value": 247.19347, "relative_strength": -20.692073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.155962, "energy": 57.967575, "activity_lines": [ 189.080001, 193.06, 201.974762, 203.255054 ] }, { "date": "2025-09-12", "close": 185.0, "volume": 155718, "typical_volume": 463276.9, "trend": 203.310001, "fair_value": 247.089162, "relative_strength": -19.433484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.206171, "energy": 54.169537, "activity_lines": [ 187.280001, 190.625454, 199.759048, 201.97914 ] }, { "date": "2025-09-19", "close": 180.699997, "volume": 159649, "typical_volume": 404282.9, "trend": 202.053334, "fair_value": 247.101067, "relative_strength": -20.76268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.104145, "energy": 68.32046, "activity_lines": [ 184.533333, 187.96909, 197.207143, 200.52043 ] }, { "date": "2025-09-26", "close": 171.399994, "volume": 358322, "typical_volume": 371828.1, "trend": 200.78, "fair_value": 246.98336, "relative_strength": -23.927427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.052993, "energy": 77.667614, "activity_lines": [ 179.333331, 184.463635, 193.974761, 198.542796 ] }, { "date": "2025-10-03", "close": 180.800003, "volume": 410819, "typical_volume": 353952.6, "trend": 200.166667, "fair_value": 246.690696, "relative_strength": -21.403818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.403512, "energy": 65.231536, "activity_lines": [ 179.019999, 183.123636, 191.895714, 197.253764 ] }, { "date": "2025-10-10", "close": 173.5, "volume": 484842, "typical_volume": 361853.85, "trend": 199.55, "fair_value": 246.541677, "relative_strength": -23.152145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.676134, "energy": 70.401115, "activity_lines": [ 176.753333, 180.80909, 189.368095, 195.533333 ] }, { "date": "2025-10-17", "close": 175.399994, "volume": 320999, "typical_volume": 362554.35, "trend": 198.8, "fair_value": 246.478619, "relative_strength": -21.250623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.827998, "energy": 72.784082, "activity_lines": [ 175.793331, 179.183635, 187.237142, 193.975268 ] }, { "date": "2025-10-24", "close": 207.0, "volume": 646643, "typical_volume": 387708.6, "trend": 199.4, "fair_value": 246.463627, "relative_strength": -9.303222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.122254, "energy": 17.501656, "activity_lines": [ 186.006665, 183.610908, 188.328094, 194.504301 ] }, { "date": "2025-10-31", "close": 189.399994, "volume": 375015, "typical_volume": 396465.75, "trend": 199.57, "fair_value": 246.29798, "relative_strength": -15.94661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.442674, "energy": 20.72941, "activity_lines": [ 188.599997, 184.536361, 187.832379, 193.859139 ] }, { "date": "2025-11-07", "close": 175.0, "volume": 235483, "typical_volume": 396828.25, "trend": 199.526667, "fair_value": 245.862195, "relative_strength": -20.712365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.459575, "energy": 25.417021, "activity_lines": [ 185.193331, 182.994543, 186.086189, 192.273978 ] }, { "date": "2025-11-14", "close": 178.600006, "volume": 311183, "typical_volume": 403456.75, "trend": 199.403334, "fair_value": 245.510026, "relative_strength": -19.136868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.343034, "energy": 23.285938, "activity_lines": [ 183.373334, 182.343636, 184.834285, 190.923871 ] }, { "date": "2025-11-21", "close": 177.600006, "volume": 415216, "typical_volume": 414030.8, "trend": 198.643334, "fair_value": 245.153968, "relative_strength": -17.311395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.869452, "energy": 34.671754, "activity_lines": [ 180.880003, 181.601819, 183.65, 189.517204 ] }, { "date": "2025-11-28", "close": 188.399994, "volume": 442038, "typical_volume": 423930.05, "trend": 197.463334, "fair_value": 244.768767, "relative_strength": -14.581356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.003156, "energy": 30.561233, "activity_lines": [ 181.84, 182.958181, 183.67619, 188.856344 ] }, { "date": "2025-12-05", "close": 187.600006, "volume": 356278, "typical_volume": 408085.7, "trend": 196.196667, "fair_value": 244.388528, "relative_strength": -15.657539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.666675, "energy": 19.237708, "activity_lines": [ 183.773336, 184.029092, 183.81, 188.22 ] }, { "date": "2025-12-12", "close": 187.300003, "volume": 404052, "typical_volume": 411115.1, "trend": 194.686667, "fair_value": 244.024581, "relative_strength": -15.14412, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.591542, "energy": 10.65845, "activity_lines": [ 185.726669, 184.750911, 183.957619, 187.646022 ] }, { "date": "2025-12-19", "close": 192.0, "volume": 508327, "typical_volume": 423133.4, "trend": 193.793333, "fair_value": 243.822945, "relative_strength": -13.072367, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.489294, "energy": 11.471723, "activity_lines": [ 188.426668, 186.209092, 184.614286, 187.472688 ] }, { "date": "2025-12-26", "close": 189.699997, "volume": 97557, "typical_volume": 417501.7, "trend": 192.783333, "fair_value": 243.602753, "relative_strength": -13.734142, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.183508, "energy": 13.191261, "activity_lines": [ 189.466667, 186.912728, 185.05381, 187.208602 ] }, { "date": "2026-01-02", "close": 186.800003, "volume": 124254, "typical_volume": 409655.8, "trend": 191.483333, "fair_value": 243.269917, "relative_strength": -15.422244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.534907, "energy": 10.890509, "activity_lines": [ 188.733334, 186.829092, 185.229524, 186.822581 ] }, { "date": "2026-01-09", "close": 186.5, "volume": 287922, "typical_volume": 384164.35, "trend": 190.54, "fair_value": 242.908468, "relative_strength": -17.696242, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.710267, "energy": 8.799938, "activity_lines": [ 188.006667, 187.058183, 185.39381, 186.501075 ] }, { "date": "2026-01-16", "close": 183.800003, "volume": 395053, "typical_volume": 367302.7, "trend": 189.773333, "fair_value": 242.511917, "relative_strength": -20.007958, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.802408, "energy": 11.902558, "activity_lines": [ 186.453335, 186.849092, 185.354286, 186.066237 ] }, { "date": "2026-01-23", "close": 181.0, "volume": 396282, "typical_volume": 344282.6, "trend": 188.713333, "fair_value": 242.028783, "relative_strength": -20.0104, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.55275, "energy": 19.381995, "activity_lines": [ 184.200001, 185.97091, 185.068096, 185.500215 ] }, { "date": "2026-01-30", "close": 170.699997, "volume": 315764, "typical_volume": 352284.9, "trend": 187.21, "fair_value": 241.296602, "relative_strength": -24.327608, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.739213, "energy": 47.996475, "activity_lines": [ 179.246666, 183.176364, 183.813334, 184.338065 ] }, { "date": "2026-02-06", "close": 169.0, "volume": 579297, "typical_volume": 373267.3, "trend": 185.276666, "fair_value": 240.811534, "relative_strength": -26.766595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.490984, "energy": 66.644692, "activity_lines": [ 174.993333, 180.198182, 182.464762, 183.163226 ] }, { "date": "2026-02-13", "close": 184.0, "volume": 1196994, "typical_volume": 415200.9, "trend": 184.86, "fair_value": 240.270102, "relative_strength": -19.720686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.999044, "energy": 51.506774, "activity_lines": [ 176.926666, 180.3, 182.600477, 183.08086 ] }, { "date": "2026-02-20", "close": 186.800003, "volume": 516535, "typical_volume": 420486.7, "trend": 184.413333, "fair_value": 239.8394, "relative_strength": -19.603421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.396955, "energy": 31.190161, "activity_lines": [ 179.960001, 180.976364, 182.942858, 183.206022 ] }, { "date": "2026-02-27", "close": 194.699997, "volume": 479425, "typical_volume": 420215.85, "trend": 184.49, "fair_value": 239.461881, "relative_strength": -16.941952, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.685169, "energy": 13.262599, "activity_lines": [ 185.426666, 183.098182, 184.009048, 183.869678 ] }, { "date": "2026-03-06", "close": 186.100006, "volume": 528890, "typical_volume": 430610.4, "trend": 184.283333, "fair_value": 239.147436, "relative_strength": -15.535795, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.86222, "energy": 17.210946, "activity_lines": [ 187.113335, 183.607274, 184.155239, 183.973549 ] }, { "date": "2026-03-13", "close": 189.699997, "volume": 244071, "typical_volume": 410481.8, "trend": 184.26, "fair_value": 238.895513, "relative_strength": -13.135027, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.077124, "energy": 33.477595, "activity_lines": [ 188.973334, 184.836364, 184.593334, 184.323011 ] }, { "date": "2026-03-20", "close": 186.0, "volume": 1120384, "typical_volume": 447750.25, "trend": 183.87, "fair_value": 238.613462, "relative_strength": -10.002483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.234245, "energy": 30.819818, "activity_lines": [ 188.22, 185.34, 184.761429, 184.435269 ] }, { "date": "2026-03-27", "close": 184.899994, "volume": 254460, "typical_volume": 448699.1, "trend": 183.766667, "fair_value": 238.257693, "relative_strength": -10.277025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.968462, "energy": 20.490303, "activity_lines": [ 186.966665, 185.652726, 184.840952, 184.50172 ] }, { "date": "2026-04-03", "close": 203.199997, "volume": 576389, "typical_volume": 461959.4, "trend": 184.42, "fair_value": 238.074359, "relative_strength": -4.472661, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.984564, "energy": 39.693, "activity_lines": [ 191.939997, 189.272726, 186.61619, 185.755484 ] }, { "date": "2026-04-10", "close": 230.0, "volume": 497036, "typical_volume": 466050.4, "trend": 185.92, "fair_value": 238.046154, "relative_strength": 3.207893, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.01138, "energy": 72.904287, "activity_lines": [ 205.279998, 197.361817, 190.826666, 188.696129 ] }, { "date": "2026-04-17", "close": 243.199997, "volume": 740874, "typical_volume": 480992.2, "trend": 188.003333, "fair_value": 238.170513, "relative_strength": 6.681596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.49952, "energy": 88.629612, "activity_lines": [ 220.093331, 206.772726, 196.044761, 192.391612 ] }, { "date": "2026-04-24", "close": 236.0, "volume": 384992, "typical_volume": 482427.9, "trend": 190.156667, "fair_value": 238.167949, "relative_strength": 6.413749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.22323, "energy": 88.60413, "activity_lines": [ 228.939998, 213.525453, 200.31619, 195.488172 ] }, { "date": "2026-05-01", "close": 226.199997, "volume": 465376, "typical_volume": 485494.1, "trend": 191.67, "fair_value": 237.891026, "relative_strength": 3.821413, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.862931, "energy": 83.804769, "activity_lines": [ 231.186665, 217.550907, 203.423808, 197.813548 ] }, { "date": "2026-05-08", "close": 235.199997, "volume": 488382, "typical_volume": 484496.85, "trend": 193.726666, "fair_value": 237.721795, "relative_strength": 7.943524, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.583242, "energy": 81.382404, "activity_lines": [ 233.679998, 222.496362, 207.203332, 200.621935 ] }, { "date": "2026-05-15", "close": 236.800003, "volume": 412986, "typical_volume": 500268.3, "trend": 195.773333, "fair_value": 237.494872, "relative_strength": 10.413725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.739065, "energy": 65.311976, "activity_lines": [ 234.573333, 226.996362, 210.929523, 203.40086 ] }, { "date": "2026-05-22", "close": 250.0, "volume": 374587, "typical_volume": 512784.95, "trend": 197.206667, "fair_value": 237.394872, "relative_strength": 12.773929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.607593, "energy": 62.716718, "activity_lines": [ 239.413333, 232.974544, 215.688571, 206.899354 ] }, { "date": "2026-05-29", "close": 245.399994, "volume": 205373, "typical_volume": 508657.5, "trend": 199.073333, "fair_value": 237.246154, "relative_strength": 11.284372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.286978, "energy": 59.232495, "activity_lines": [ 242.266665, 237.019998, 219.70857, 210.008601 ] }, { "date": "2026-06-05", "close": 246.0, "volume": 148855, "typical_volume": 496347.6, "trend": 201.44, "fair_value": 237.071795, "relative_strength": 12.660088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.700645, "energy": 57.964593, "activity_lines": [ 244.693332, 240.094544, 223.505237, 213.036128 ] }, { "date": "2026-06-12", "close": 256.600006, "volume": 61137, "typical_volume": 479590.35, "trend": 204.04, "fair_value": 236.991026, "relative_strength": 17.78032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.201014, "energy": 62.534881, "activity_lines": [ 249.333334, 243.985454, 228.015237, 216.594838 ] }, { "date": "2026-06-19", "close": 245.0, "volume": 205692, "typical_volume": 474086.75, "trend": 206.286666, "fair_value": 236.9, "relative_strength": 10.379187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.317995, "energy": 52.763642, "activity_lines": [ 248.680001, 244.796364, 231.060476, 219.237419 ] }, { "date": "2026-06-26", "close": 235.0, "volume": 44092, "typical_volume": 447326.5, "trend": 207.84, "fair_value": 236.69359, "relative_strength": 7.022522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.845892, "energy": 43.933192, "activity_lines": [ 244.146667, 243.516364, 232.799523, 221.089892 ] }, { "date": "2026-07-03", "close": 248.600006, "volume": 33076, "typical_volume": 389130.6, "trend": 209.873333, "fair_value": 236.547436, "relative_strength": 10.240733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.026698, "energy": 44.323945, "activity_lines": [ 245.146669, 244.858183, 235.519524, 223.71957 ] }, { "date": "2026-07-10", "close": 241.800003, "volume": 134079, "typical_volume": 370007.8, "trend": 211.69, "fair_value": 236.360256, "relative_strength": 9.960874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.526824, "energy": 31.772874, "activity_lines": [ 243.66667, 244.734547, 237.284286, 225.779355 ] }, { "date": "2026-07-17", "close": 241.0, "volume": 323058, "typical_volume": 362189.45, "trend": 213.323333, "fair_value": 236.091026, "relative_strength": 10.688848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.59971, "energy": 26.815662, "activity_lines": [ 242.200002, 244.18182, 238.710953, 227.670323 ] }, { "date": "2026-07-24", "close": 232.0, "volume": 196777, "typical_volume": 345583.8, "trend": 214.733333, "fair_value": 235.678205, "relative_strength": 4.926404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.120432, "energy": 22.507936, "activity_lines": [ 238.773335, 241.887274, 239.06, 228.875269 ] }, { "date": "2026-07-31", "close": 241.800003, "volume": 146687, "typical_volume": 340714.6, "trend": 216.566667, "fair_value": 235.382051, "relative_strength": 7.809625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.988689, "energy": 19.477679, "activity_lines": [ 239.480002, 241.46182, 240.12381, 230.621506 ] }, { "date": "2026-08-07", "close": 244.199997, "volume": 219545, "typical_volume": 295672.65, "trend": 218.49, "fair_value": 235.152564, "relative_strength": 6.733805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.645165, "energy": 21.415358, "activity_lines": [ 240.533333, 241.621819, 241.168096, 232.404301 ] } ], "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." } } }