{ "ticker": { "uuid": "b558eba1-e450-4eb6-b0b3-a2b76e9f82a2", "symbol": "TVK", "name": "TerraVest Industries Inc.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -43.254, "architecture_energy": 29.22, "architecture_maturity": 36.23, "architecture_confidence": 69.088, "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": 37.55, "rotation_up": 21.01, "upward_expansion": 9.69, "deceleration": 61.55, "rotation_down": 43.71, "downward_expansion": 68.69 }, "activity_lines": [ 117.937335, 117.910427, 122.836372, 126.842889 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 120.43, "trend_reference": 132.995864, "distance_from_trend": -0.094483, "trend_direction": "Weakening", "fair_value": 106.428536, "distance_from_fair_value": 0.131557, "fair_value_direction": "Weakening", "relative_strength": -21.790464, "relative_strength_direction": "Improving", "price_momentum": -0.218595, "excess_performance": -0.339016, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.094483, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.059446, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.131557, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.167788, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.217905, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.015212, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.218595, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.914403, "read": "Supply-led" } ], "volume": { "latest": 261900, "relative_activity": 0.676342, "balance": 0.914403, "dry_up": 0.819539, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.109629, "annualized_volatility": 0.641035, "from_high_reference": -0.311587, "from_low_reference": 0.269926 }, "levels": { "trend_reference": 132.995864, "fair_value_reference": 106.428536, "structural_low": 94.832288, "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": 8, "median_return": 0.023865, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.026968, "regime_survival": 0.625, "best_return": 0.258017, "worst_return": -0.108701, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.125798, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.102853, "regime_survival": 0.0, "best_return": 0.182151, "worst_return": 0.069445, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.030794, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.008496, "regime_survival": 0.0, "best_return": 0.072214, "worst_return": -0.010627, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.230249, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.236293, "regime_survival": 0.0, "best_return": 0.230249, "worst_return": 0.230249, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-26", "tenure": "Developing", "return": 0.18665, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-12-27", "tenure": "Established", "return": 0.474895, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.235357, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-07-25", "tenure": "Established", "return": 0.256061, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": -0.052266, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-15", "end": "2025-10-10", "tenure": "Developing", "return": -0.012859, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-17", "end": "2025-12-26", "tenure": "Developing", "return": 0.206494, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-02", "end": "2026-01-30", "tenure": "Developing", "return": -0.142597, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": -0.113832, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": -0.08117, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": 0.023511, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-05-22", "tenure": "New", "return": 0.074878, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": -0.230589, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.012176, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 36.082317, "volume": 25700, "typical_volume": 34670.0, "trend": 27.950296, "fair_value": 21.915667, "relative_strength": 37.798688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.826262, "energy": 93.20196, "activity_lines": [ 34.815239, 32.835824, 30.412321, 29.227984 ] }, { "date": "2023-08-25", "close": 35.602261, "volume": 17500, "typical_volume": 34340.0, "trend": 28.246928, "fair_value": 22.057786, "relative_strength": 34.763441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.269431, "energy": 87.602198, "activity_lines": [ 35.206465, 33.648559, 31.056202, 29.721659 ] }, { "date": "2023-09-01", "close": 35.102627, "volume": 19900, "typical_volume": 34505.0, "trend": 28.530144, "fair_value": 22.195518, "relative_strength": 27.419752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.716892, "energy": 67.034296, "activity_lines": [ 35.312929, 34.202899, 31.606062, 30.163962 ] }, { "date": "2023-09-08", "close": 36.542778, "volume": 35400, "typical_volume": 34785.0, "trend": 28.858127, "fair_value": 22.343369, "relative_strength": 34.570782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.763379, "energy": 68.873107, "activity_lines": [ 35.799513, 34.877467, 32.248928, 30.680907 ] }, { "date": "2023-09-15", "close": 38.134789, "volume": 33400, "typical_volume": 35520.0, "trend": 29.274134, "fair_value": 22.499175, "relative_strength": 35.480188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.011203, "energy": 70.23606, "activity_lines": [ 36.629318, 35.693645, 32.995935, 31.279401 ] }, { "date": "2023-09-22", "close": 37.218773, "volume": 41300, "typical_volume": 36765.0, "trend": 29.634038, "fair_value": 22.648871, "relative_strength": 36.609941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.060948, "energy": 64.231694, "activity_lines": [ 36.937925, 36.169156, 33.599296, 31.791958 ] }, { "date": "2023-09-29", "close": 37.351723, "volume": 28700, "typical_volume": 36145.0, "trend": 30.05275, "fair_value": 22.798888, "relative_strength": 37.56183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.60817, "energy": 63.403694, "activity_lines": [ 37.215084, 36.510485, 34.167223, 32.289873 ] }, { "date": "2023-10-06", "close": 36.417923, "volume": 18300, "typical_volume": 34610.0, "trend": 30.413794, "fair_value": 22.942859, "relative_strength": 34.98718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.947064, "energy": 55.40309, "activity_lines": [ 37.064345, 36.617983, 34.596139, 32.70053 ] }, { "date": "2023-10-13", "close": 35.877316, "volume": 11400, "typical_volume": 30275.0, "trend": 30.73578, "fair_value": 23.083364, "relative_strength": 30.448112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.834443, "energy": 46.69383, "activity_lines": [ 36.645718, 36.57602, 34.929518, 33.053015 ] }, { "date": "2023-10-20", "close": 34.393078, "volume": 20300, "typical_volume": 30455.0, "trend": 31.009909, "fair_value": 23.215548, "relative_strength": 26.344188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.102652, "energy": 33.92616, "activity_lines": [ 35.776709, 36.225172, 35.077789, 33.28897 ] }, { "date": "2023-10-27", "close": 31.463907, "volume": 28800, "typical_volume": 30150.0, "trend": 31.16451, "fair_value": 23.331044, "relative_strength": 17.122005, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.166223, "energy": 20.002429, "activity_lines": [ 34.180758, 35.350909, 34.911057, 33.31826 ] }, { "date": "2023-11-03", "close": 37.784214, "volume": 114700, "typical_volume": 34755.0, "trend": 31.562304, "fair_value": 23.488843, "relative_strength": 31.658669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.253995, "energy": 26.115866, "activity_lines": [ 35.075232, 35.709762, 35.321805, 33.745338 ] }, { "date": "2023-11-10", "close": 36.919231, "volume": 15800, "typical_volume": 34300.0, "trend": 31.931915, "fair_value": 23.638115, "relative_strength": 28.478722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.693057, "energy": 21.319295, "activity_lines": [ 35.652547, 35.871675, 35.595899, 34.090946 ] }, { "date": "2023-11-17", "close": 37.105988, "volume": 13300, "typical_volume": 30760.0, "trend": 32.28304, "fair_value": 23.785602, "relative_strength": 24.663955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.256234, "energy": 32.432894, "activity_lines": [ 36.258693, 36.034514, 35.84204, 34.424757 ] }, { "date": "2023-11-24", "close": 36.467083, "volume": 28700, "typical_volume": 31055.0, "trend": 32.622297, "fair_value": 23.924221, "relative_strength": 21.990754, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.989025, "energy": 39.053115, "activity_lines": [ 36.56996, 36.070948, 35.985929, 34.694695 ] }, { "date": "2023-12-01", "close": 36.368793, "volume": 31400, "typical_volume": 30625.0, "trend": 32.93064, "fair_value": 24.063702, "relative_strength": 18.665762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.006448, "energy": 34.725827, "activity_lines": [ 36.710196, 36.119834, 36.082795, 34.936405 ] }, { "date": "2023-12-08", "close": 35.238407, "volume": 20200, "typical_volume": 29920.0, "trend": 33.210732, "fair_value": 24.194982, "relative_strength": 14.911299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.598704, "energy": 23.157879, "activity_lines": [ 36.146644, 35.978648, 36.03458, 35.085293 ] }, { "date": "2023-12-15", "close": 40.153099, "volume": 41500, "typical_volume": 30545.0, "trend": 33.643592, "fair_value": 24.35705, "relative_strength": 28.572742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.737882, "energy": 39.795401, "activity_lines": [ 37.391044, 36.769467, 36.447719, 35.533188 ] }, { "date": "2023-12-22", "close": 41.401436, "volume": 18100, "typical_volume": 30785.0, "trend": 34.133996, "fair_value": 24.525868, "relative_strength": 29.188582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.060944, "energy": 61.89989, "activity_lines": [ 38.835964, 37.719345, 36.948559, 36.033694 ] }, { "date": "2023-12-29", "close": 43.637554, "volume": 23800, "typical_volume": 29410.0, "trend": 34.694385, "fair_value": 24.709671, "relative_strength": 34.484862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.219899, "energy": 78.775752, "activity_lines": [ 40.739895, 38.97535, 37.625837, 36.646826 ] }, { "date": "2024-01-05", "close": 43.400875, "volume": 19200, "typical_volume": 29085.0, "trend": 35.263469, "fair_value": 24.894837, "relative_strength": 32.58665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.341467, "energy": 85.355571, "activity_lines": [ 42.0869, 40.020242, 38.238953, 37.208535 ] }, { "date": "2024-01-12", "close": 43.933395, "volume": 35200, "typical_volume": 29970.0, "trend": 35.848351, "fair_value": 25.081616, "relative_strength": 32.602452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.499944, "energy": 85.334152, "activity_lines": [ 43.142607, 40.944919, 38.867934, 37.767885 ] }, { "date": "2024-01-19", "close": 43.933395, "volume": 35600, "typical_volume": 30755.0, "trend": 36.402344, "fair_value": 25.268395, "relative_strength": 31.815885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.058774, "energy": 84.460047, "activity_lines": [ 43.618648, 41.757794, 39.457243, 38.289501 ] }, { "date": "2024-01-26", "close": 49.061432, "volume": 53200, "typical_volume": 31645.0, "trend": 37.090683, "fair_value": 25.488047, "relative_strength": 43.883783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.513468, "energy": 94.006733, "activity_lines": [ 45.552015, 43.375508, 40.492885, 39.106217 ] }, { "date": "2024-02-02", "close": 48.075268, "volume": 39300, "typical_volume": 31940.0, "trend": 37.741251, "fair_value": 25.700176, "relative_strength": 39.599954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.472575, "energy": 92.123227, "activity_lines": [ 46.645995, 44.596548, 41.374995, 39.814899 ] }, { "date": "2024-02-09", "close": 53.015926, "volume": 179400, "typical_volume": 38845.0, "trend": 38.55814, "fair_value": 25.929629, "relative_strength": 52.29788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.868504, "energy": 93.716002, "activity_lines": [ 49.091012, 46.504832, 42.680307, 40.800362 ] }, { "date": "2024-02-16", "close": 55.767315, "volume": 88100, "typical_volume": 41815.0, "trend": 39.289417, "fair_value": 26.181761, "relative_strength": 55.86361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.702909, "energy": 95.721539, "activity_lines": [ 51.812156, 48.610693, 44.172432, 41.910632 ] }, { "date": "2024-02-23", "close": 54.603645, "volume": 61600, "typical_volume": 43980.0, "trend": 39.989416, "fair_value": 26.427875, "relative_strength": 49.366572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.399485, "energy": 87.818598, "activity_lines": [ 53.356482, 50.131725, 45.466038, 42.898646 ] }, { "date": "2024-03-01", "close": 55.865936, "volume": 83800, "typical_volume": 47600.0, "trend": 40.727246, "fair_value": 26.683882, "relative_strength": 49.495796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.958084, "energy": 70.854072, "activity_lines": [ 54.610222, 51.619527, 46.793264, 43.922938 ] }, { "date": "2024-03-08", "close": 54.77129, "volume": 48800, "typical_volume": 49025.0, "trend": 41.389726, "fair_value": 26.926988, "relative_strength": 43.369371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.554721, "energy": 66.780348, "activity_lines": [ 55.045446, 52.645312, 47.921053, 44.829006 ] }, { "date": "2024-03-15", "close": 53.844299, "volume": 73800, "typical_volume": 51275.0, "trend": 41.981792, "fair_value": 27.165533, "relative_strength": 38.536536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.447639, "energy": 64.497443, "activity_lines": [ 54.725271, 53.300121, 48.863519, 45.632526 ] }, { "date": "2024-03-22", "close": 56.181503, "volume": 76700, "typical_volume": 49375.0, "trend": 42.667767, "fair_value": 27.423562, "relative_strength": 41.802445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.241489, "energy": 64.948205, "activity_lines": [ 55.12894, 54.189996, 49.922002, 46.548637 ] }, { "date": "2024-03-29", "close": 59.318981, "volume": 134100, "typical_volume": 55290.0, "trend": 43.474978, "fair_value": 27.701159, "relative_strength": 46.390736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.157887, "energy": 67.919879, "activity_lines": [ 56.550822, 55.427629, 51.191687, 47.622909 ] }, { "date": "2024-04-05", "close": 66.249435, "volume": 182300, "typical_volume": 63740.0, "trend": 44.4652, "fair_value": 28.02451, "relative_strength": 59.926021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.358156, "energy": 72.661136, "activity_lines": [ 59.9685, 57.645607, 53.014749, 49.092228 ] }, { "date": "2024-04-12", "close": 70.985054, "volume": 234000, "typical_volume": 74005.0, "trend": 45.560209, "fair_value": 28.371756, "relative_strength": 70.704716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.358037, "energy": 85.643814, "activity_lines": [ 64.272484, 60.412096, 55.150044, 50.803187 ] }, { "date": "2024-04-19", "close": 68.691383, "volume": 168100, "typical_volume": 80840.0, "trend": 46.609296, "fair_value": 28.703393, "relative_strength": 62.813692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.597575, "energy": 85.936659, "activity_lines": [ 66.730993, 62.345014, 56.902523, 52.295521 ] }, { "date": "2024-04-26", "close": 73.100761, "volume": 107500, "typical_volume": 85205.0, "trend": 47.800931, "fair_value": 29.063296, "relative_strength": 68.548437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.865141, "energy": 91.238476, "activity_lines": [ 69.66949, 64.794628, 58.921026, 54.004647 ] }, { "date": "2024-05-03", "close": 72.349388, "volume": 87200, "typical_volume": 87490.0, "trend": 48.998646, "fair_value": 29.418201, "relative_strength": 63.827676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.438732, "energy": 86.782796, "activity_lines": [ 71.229578, 66.792475, 60.687673, 55.588419 ] }, { "date": "2024-05-10", "close": 78.607536, "volume": 483600, "typical_volume": 110765.0, "trend": 50.422987, "fair_value": 29.813404, "relative_strength": 71.493079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.105532, "energy": 90.832113, "activity_lines": [ 74.007022, 69.605517, 62.897018, 57.49867 ] }, { "date": "2024-05-17", "close": 77.717743, "volume": 172300, "typical_volume": 118190.0, "trend": 51.867142, "fair_value": 30.203627, "relative_strength": 65.088025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.936708, "energy": 87.521754, "activity_lines": [ 75.663995, 71.843295, 64.844449, 59.259622 ] }, { "date": "2024-05-24", "close": 76.630241, "volume": 205100, "typical_volume": 127485.0, "trend": 53.372687, "fair_value": 30.587181, "relative_strength": 60.74376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.866735, "energy": 74.92479, "activity_lines": [ 76.509621, 73.466138, 66.526021, 60.857241 ] }, { "date": "2024-05-31", "close": 73.46656, "volume": 206100, "typical_volume": 136030.0, "trend": 54.562098, "fair_value": 30.950757, "relative_strength": 51.787987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.368975, "energy": 66.248208, "activity_lines": [ 75.77143, 74.099475, 67.748056, 62.15362 ] }, { "date": "2024-06-07", "close": 73.87191, "volume": 236700, "typical_volume": 146085.0, "trend": 55.793854, "fair_value": 31.315844, "relative_strength": 51.713927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.349992, "energy": 62.055642, "activity_lines": [ 75.143969, 74.492239, 68.868061, 63.399414 ] }, { "date": "2024-06-14", "close": 70.391869, "volume": 362900, "typical_volume": 161570.0, "trend": 56.903384, "fair_value": 31.650834, "relative_strength": 44.596549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.77534, "energy": 45.412176, "activity_lines": [ 73.254993, 73.98767, 69.51407, 64.341222 ] }, { "date": "2024-06-21", "close": 68.20694, "volume": 444700, "typical_volume": 181840.0, "trend": 57.961379, "fair_value": 31.973207, "relative_strength": 38.573526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.900531, "energy": 29.622444, "activity_lines": [ 71.185418, 73.010524, 69.850416, 65.070483 ] }, { "date": "2024-06-28", "close": 71.61557, "volume": 88700, "typical_volume": 177305.0, "trend": 59.136272, "fair_value": 32.314522, "relative_strength": 41.148497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.008585, "energy": 24.182224, "activity_lines": [ 70.886106, 72.703639, 70.415529, 65.951399 ] }, { "date": "2024-07-05", "close": 69.713478, "volume": 72200, "typical_volume": 176510.0, "trend": 60.285441, "fair_value": 32.640306, "relative_strength": 34.342371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.241297, "energy": 24.482399, "activity_lines": [ 70.287076, 71.997753, 70.71092, 66.633799 ] }, { "date": "2024-07-12", "close": 72.43782, "volume": 76300, "typical_volume": 177245.0, "trend": 61.361598, "fair_value": 32.980215, "relative_strength": 33.852851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.457852, "energy": 21.93418, "activity_lines": [ 70.846365, 71.848789, 71.199363, 67.417824 ] }, { "date": "2024-07-19", "close": 76.063683, "volume": 115800, "typical_volume": 178845.0, "trend": 62.517006, "fair_value": 33.345916, "relative_strength": 38.543963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.502215, "energy": 40.707089, "activity_lines": [ 72.709881, 72.357465, 71.948201, 68.366345 ] }, { "date": "2024-07-26", "close": 80.937759, "volume": 190500, "typical_volume": 185930.0, "trend": 63.760346, "fair_value": 33.743407, "relative_strength": 44.425503, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 79.07595, "energy": 59.818955, "activity_lines": [ 75.819968, 73.798588, 73.065057, 69.554781 ] }, { "date": "2024-08-02", "close": 76.578819, "volume": 262400, "typical_volume": 195360.0, "trend": 64.866278, "fair_value": 34.111378, "relative_strength": 38.331381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.555826, "energy": 55.427772, "activity_lines": [ 76.628353, 74.388631, 73.642173, 70.381779 ] }, { "date": "2024-08-09", "close": 75.746658, "volume": 177200, "typical_volume": 200385.0, "trend": 65.92672, "fair_value": 34.475715, "relative_strength": 34.564088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.935974, "energy": 60.683523, "activity_lines": [ 76.828469, 74.828307, 74.031777, 71.083739 ] }, { "date": "2024-08-16", "close": 93.638161, "volume": 287600, "typical_volume": 208060.0, "trend": 67.583545, "fair_value": 34.957775, "relative_strength": 58.281546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.462574, "energy": 84.876778, "activity_lines": [ 82.590206, 78.479527, 76.032165, 72.871574 ] }, { "date": "2024-08-23", "close": 91.775711, "volume": 178800, "typical_volume": 207885.0, "trend": 69.007355, "fair_value": 35.415879, "relative_strength": 51.159589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.276195, "energy": 85.514409, "activity_lines": [ 86.317771, 81.432733, 77.691753, 74.432359 ] }, { "date": "2024-08-30", "close": 95.768112, "volume": 162500, "typical_volume": 204310.0, "trend": 70.597116, "fair_value": 35.899574, "relative_strength": 54.599929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.65206, "energy": 92.866996, "activity_lines": [ 90.328668, 84.723033, 79.610016, 76.15886 ] }, { "date": "2024-09-06", "close": 93.103203, "volume": 117500, "typical_volume": 201780.0, "trend": 71.933359, "fair_value": 36.361149, "relative_strength": 51.534906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.000775, "energy": 88.011318, "activity_lines": [ 92.462572, 87.027693, 81.156463, 77.610865 ] }, { "date": "2024-09-13", "close": 97.769264, "volume": 132300, "typical_volume": 203020.0, "trend": 73.333424, "fair_value": 36.832724, "relative_strength": 51.332865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.18375, "energy": 90.563879, "activity_lines": [ 95.050203, 89.790042, 83.031051, 79.277698 ] }, { "date": "2024-09-20", "close": 96.530922, "volume": 313600, "typical_volume": 214340.0, "trend": 74.731, "fair_value": 37.307409, "relative_strength": 45.340814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.958615, "energy": 84.679189, "activity_lines": [ 95.756881, 91.817134, 84.670232, 80.77431 ] }, { "date": "2024-09-27", "close": 94.847435, "volume": 102500, "typical_volume": 195285.0, "trend": 76.030383, "fair_value": 37.766064, "relative_strength": 40.287971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.720814, "energy": 64.932799, "activity_lines": [ 95.709545, 93.10008, 86.033931, 82.072145 ] }, { "date": "2024-10-04", "close": 97.486771, "volume": 147500, "typical_volume": 194045.0, "trend": 77.454232, "fair_value": 38.247612, "relative_strength": 40.905454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.350281, "energy": 62.985538, "activity_lines": [ 96.337206, 94.521383, 87.571662, 83.456428 ] }, { "date": "2024-10-11", "close": 100.919891, "volume": 176700, "typical_volume": 192625.0, "trend": 79.023419, "fair_value": 38.751045, "relative_strength": 41.856443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.492083, "energy": 62.706986, "activity_lines": [ 97.994663, 96.265999, 89.342219, 84.970342 ] }, { "date": "2024-10-18", "close": 99.679604, "volume": 120800, "typical_volume": 188360.0, "trend": 80.473355, "fair_value": 39.242261, "relative_strength": 36.134126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.593953, "energy": 59.655436, "activity_lines": [ 98.717579, 97.342543, 90.878988, 86.302999 ] }, { "date": "2024-10-25", "close": 100.949661, "volume": 123400, "typical_volume": 182695.0, "trend": 81.861045, "fair_value": 39.731195, "relative_strength": 37.693861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.765268, "energy": 60.438155, "activity_lines": [ 99.736491, 98.214862, 92.411891, 87.624051 ] }, { "date": "2024-11-01", "close": 101.048889, "volume": 111300, "typical_volume": 170115.0, "trend": 83.021027, "fair_value": 40.220033, "relative_strength": 37.026645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.301297, "energy": 59.577634, "activity_lines": [ 100.493897, 98.972286, 93.825303, 88.861976 ] }, { "date": "2024-11-08", "close": 112.231339, "volume": 135000, "typical_volume": 154630.0, "trend": 84.395903, "fair_value": 40.770862, "relative_strength": 46.629399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.963532, "energy": 73.965938, "activity_lines": [ 104.565356, 101.594279, 96.157724, 90.746512 ] }, { "date": "2024-11-15", "close": 119.554001, "volume": 218000, "typical_volume": 161095.0, "trend": 86.091323, "fair_value": 41.364486, "relative_strength": 52.559494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.855263, "energy": 96.009814, "activity_lines": [ 110.09473, 105.248334, 98.977901, 93.014777 ] }, { "date": "2024-11-22", "close": 118.274033, "volume": 199300, "typical_volume": 167450.0, "trend": 87.597099, "fair_value": 41.948929, "relative_strength": 45.129831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.986171, "energy": 93.641386, "activity_lines": [ 113.955175, 108.188744, 101.447899, 95.091081 ] }, { "date": "2024-11-29", "close": 113.630394, "volume": 159600, "typical_volume": 171615.0, "trend": 88.973133, "fair_value": 42.506593, "relative_strength": 36.156205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.146896, "energy": 87.613687, "activity_lines": [ 115.028111, 109.912042, 103.244404, 96.770648 ] }, { "date": "2024-12-06", "close": 117.371101, "volume": 195600, "typical_volume": 175605.0, "trend": 90.265251, "fair_value": 43.090125, "relative_strength": 38.08488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.219916, "energy": 87.1482, "activity_lines": [ 116.502568, 112.004569, 105.201012, 98.602775 ] }, { "date": "2024-12-13", "close": 114.65239, "volume": 411600, "typical_volume": 186660.0, "trend": 91.496406, "fair_value": 43.657753, "relative_strength": 35.088313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.967595, "energy": 63.456905, "activity_lines": [ 115.98264, 113.193264, 106.701994, 100.176139 ] }, { "date": "2024-12-20", "close": 113.818909, "volume": 872400, "typical_volume": 217160.0, "trend": 92.736029, "fair_value": 44.222538, "relative_strength": 35.72971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.239169, "energy": 54.530043, "activity_lines": [ 115.023482, 113.918315, 107.96305, 101.6163 ] }, { "date": "2024-12-27", "close": 112.945747, "volume": 142000, "typical_volume": 215400.0, "trend": 94.052001, "fair_value": 44.77842, "relative_strength": 31.780593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.814621, "energy": 44.359396, "activity_lines": [ 114.155609, 114.250081, 108.963614, 102.920153 ] }, { "date": "2025-01-03", "close": 111.303627, "volume": 164300, "typical_volume": 209235.0, "trend": 95.299725, "fair_value": 45.328853, "relative_strength": 26.760622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.097608, "energy": 36.118589, "activity_lines": [ 113.095582, 114.042078, 109.630647, 104.033161 ] }, { "date": "2025-01-10", "close": 114.036522, "volume": 336300, "typical_volume": 217110.0, "trend": 96.754547, "fair_value": 45.903535, "relative_strength": 29.688137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.434423, "energy": 32.51714, "activity_lines": [ 113.101638, 114.14271, 110.473835, 105.241987 ] }, { "date": "2025-01-17", "close": 122.414108, "volume": 314900, "typical_volume": 224730.0, "trend": 98.561453, "fair_value": 46.539935, "relative_strength": 35.506464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.976291, "energy": 45.186569, "activity_lines": [ 116.122527, 115.530401, 112.008884, 106.897442 ] }, { "date": "2025-01-24", "close": 137.49971, "volume": 453500, "typical_volume": 241530.0, "trend": 100.757591, "fair_value": 47.270834, "relative_strength": 47.391722, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 84.773913, "energy": 63.345283, "activity_lines": [ 123.654503, 119.475788, 114.853772, 109.409588 ] }, { "date": "2025-01-31", "close": 132.232681, "volume": 468600, "typical_volume": 258345.0, "trend": 102.841564, "fair_value": 47.973171, "relative_strength": 39.267609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.209034, "energy": 74.108343, "activity_lines": [ 127.852083, 122.137248, 116.985626, 111.440239 ] }, { "date": "2025-02-07", "close": 132.739532, "volume": 363800, "typical_volume": 260855.0, "trend": 104.851621, "fair_value": 48.676921, "relative_strength": 38.369486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.471343, "energy": 80.462314, "activity_lines": [ 130.932817, 124.637068, 119.00164, 113.36914 ] }, { "date": "2025-02-14", "close": 118.508545, "volume": 1071500, "typical_volume": 309305.0, "trend": 106.26645, "fair_value": 49.285471, "relative_strength": 22.07758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.942605, "energy": 58.868333, "activity_lines": [ 127.840828, 124.201998, 119.4899, 114.250232 ] }, { "date": "2025-02-21", "close": 116.401726, "volume": 254800, "typical_volume": 314670.0, "trend": 107.448582, "fair_value": 49.887734, "relative_strength": 20.248451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.277686, "energy": 36.81915, "activity_lines": [ 123.748432, 123.363188, 119.664838, 114.904121 ] }, { "date": "2025-02-28", "close": 112.406731, "volume": 761500, "typical_volume": 343910.0, "trend": 108.642846, "fair_value": 50.461513, "relative_strength": 13.949898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.076206, "energy": 17.112162, "activity_lines": [ 118.725196, 121.76621, 119.369229, 115.224001 ] }, { "date": "2025-03-07", "close": 108.809235, "volume": 603300, "typical_volume": 368035.0, "trend": 109.744932, "fair_value": 51.007276, "relative_strength": 12.090186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.87731, "energy": 20.084492, "activity_lines": [ 114.17566, 119.540818, 118.676303, 115.234736 ] }, { "date": "2025-03-14", "close": 108.034088, "volume": 307000, "typical_volume": 377215.0, "trend": 110.224796, "fair_value": 51.545928, "relative_strength": 11.167261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -2.283531, "energy": 21.545059, "activity_lines": [ 110.929305, 117.249699, 117.866079, 115.124359 ] }, { "date": "2025-03-21", "close": 147.288498, "volume": 1271500, "typical_volume": 435225.0, "trend": 112.075222, "fair_value": 52.337802, "relative_strength": 46.658003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.169147, "energy": 26.768084, "activity_lines": [ 122.414782, 122.155192, 120.760634, 117.515566 ] }, { "date": "2025-03-28", "close": 139.44754, "volume": 483400, "typical_volume": 452645.0, "trend": 113.531203, "fair_value": 53.079235, "relative_strength": 38.072913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.308056, "energy": 45.201522, "activity_lines": [ 129.367944, 125.030474, 122.688243, 119.281522 ] }, { "date": "2025-04-04", "close": 129.074417, "volume": 372600, "typical_volume": 460375.0, "trend": 114.730244, "fair_value": 53.756262, "relative_strength": 34.78397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.968566, "energy": 48.62493, "activity_lines": [ 131.32701, 125.710036, 123.498335, 120.28431 ] }, { "date": "2025-04-11", "close": 131.203781, "volume": 614200, "typical_volume": 481120.0, "trend": 115.844728, "fair_value": 54.45081, "relative_strength": 33.276494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.788469, "energy": 46.427638, "activity_lines": [ 132.884685, 126.929942, 124.465887, 121.347118 ] }, { "date": "2025-04-18", "close": 134.905273, "volume": 255100, "typical_volume": 485895.0, "trend": 117.123873, "fair_value": 55.176701, "relative_strength": 32.132283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.701467, "energy": 51.945241, "activity_lines": [ 134.183221, 128.841553, 125.724393, 122.576831 ] }, { "date": "2025-04-25", "close": 145.223648, "volume": 344800, "typical_volume": 493355.0, "trend": 118.80308, "fair_value": 55.97064, "relative_strength": 37.659257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.087168, "energy": 47.566853, "activity_lines": [ 137.129803, 132.589856, 127.864292, 124.38972 ] }, { "date": "2025-05-02", "close": 160.835571, "volume": 431300, "typical_volume": 494340.0, "trend": 120.914706, "fair_value": 56.860294, "relative_strength": 48.411208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.631398, "energy": 68.426852, "activity_lines": [ 145.418016, 138.690961, 131.35841, 127.101493 ] }, { "date": "2025-05-09", "close": 166.636551, "volume": 387300, "typical_volume": 470085.0, "trend": 123.105262, "fair_value": 57.781053, "relative_strength": 49.758601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.008847, "energy": 80.034249, "activity_lines": [ 154.214021, 145.038901, 135.185082, 130.05129 ] }, { "date": "2025-05-16", "close": 169.32312, "volume": 848000, "typical_volume": 505385.0, "trend": 125.426712, "fair_value": 58.716884, "relative_strength": 46.608235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.412874, "energy": 85.875068, "activity_lines": [ 161.401406, 150.889312, 139.016105, 133.033087 ] }, { "date": "2025-05-23", "close": 161.183838, "volume": 428500, "typical_volume": 518595.0, "trend": 127.434518, "fair_value": 59.608893, "relative_strength": 38.383759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.346154, "energy": 80.501641, "activity_lines": [ 163.334408, 154.159601, 141.803495, 135.339999 ] }, { "date": "2025-05-30", "close": 168.407715, "volume": 590400, "typical_volume": 531300.0, "trend": 129.679812, "fair_value": 60.540637, "relative_strength": 41.066144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.920852, "energy": 79.79041, "activity_lines": [ 165.923464, 157.776963, 145.041348, 137.983431 ] }, { "date": "2025-06-06", "close": 165.492279, "volume": 264100, "typical_volume": 528760.0, "trend": 131.455177, "fair_value": 61.459036, "relative_strength": 35.630473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.559897, "energy": 64.923751, "activity_lines": [ 165.995104, 160.48026, 147.74263, 140.293912 ] }, { "date": "2025-06-13", "close": 166.935074, "volume": 265700, "typical_volume": 519370.0, "trend": 133.034546, "fair_value": 62.387913, "relative_strength": 34.715321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.829361, "energy": 51.546733, "activity_lines": [ 166.237228, 162.972343, 150.376187, 142.582938 ] }, { "date": "2025-06-20", "close": 167.721115, "volume": 263000, "typical_volume": 509090.0, "trend": 134.682782, "fair_value": 63.317651, "relative_strength": 33.644367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.483097, "energy": 54.631417, "activity_lines": [ 166.721465, 164.918967, 152.944437, 144.820781 ] }, { "date": "2025-06-27", "close": 167.969879, "volume": 257900, "typical_volume": 503795.0, "trend": 136.494098, "fair_value": 64.252636, "relative_strength": 31.25727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.98654, "energy": 52.436573, "activity_lines": [ 167.395423, 166.246869, 155.367386, 146.968336 ] }, { "date": "2025-07-04", "close": 168.184036, "volume": 257100, "typical_volume": 463075.0, "trend": 138.187863, "fair_value": 65.186958, "relative_strength": 28.111458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.047534, "energy": 52.415226, "activity_lines": [ 167.688365, 167.012534, 157.642968, 149.012848 ] }, { "date": "2025-07-11", "close": 165.813431, "volume": 219300, "typical_volume": 461300.0, "trend": 139.893231, "fair_value": 66.102445, "relative_strength": 24.978128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.718509, "energy": 49.748844, "activity_lines": [ 167.206016, 166.929718, 159.456227, 150.795143 ] }, { "date": "2025-07-18", "close": 165.056412, "volume": 191700, "typical_volume": 432810.0, "trend": 141.601148, "fair_value": 67.012463, "relative_strength": 21.799804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.745812, "energy": 41.223909, "activity_lines": [ 166.449918, 166.618756, 160.962096, 152.418574 ] }, { "date": "2025-07-25", "close": 166.092316, "volume": 186900, "typical_volume": 411990.0, "trend": 143.3727, "fair_value": 67.930663, "relative_strength": 20.594553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.838009, "energy": 37.516172, "activity_lines": [ 166.164365, 166.524869, 162.315909, 153.998649 ] }, { "date": "2025-08-01", "close": 166.371201, "volume": 218800, "typical_volume": 407580.0, "trend": 145.208286, "fair_value": 68.850342, "relative_strength": 21.649546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.593113, "energy": 35.458936, "activity_lines": [ 166.08036, 166.540432, 163.423507, 155.482423 ] }, { "date": "2025-08-08", "close": 157.675644, "volume": 397700, "typical_volume": 363890.0, "trend": 146.662923, "fair_value": 69.708236, "relative_strength": 11.258982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.097442, "energy": 24.045095, "activity_lines": [ 163.204415, 164.880668, 163.42516, 156.286769 ] }, { "date": "2025-08-15", "close": 138.411942, "volume": 831600, "typical_volume": 381300.0, "trend": 147.196184, "fair_value": 70.436969, "relative_strength": -3.175319, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -16.152169, "energy": 21.658055, "activity_lines": [ 154.607796, 159.913541, 161.542712, 155.754448 ] }, { "date": "2025-08-22", "close": 143.750793, "volume": 455900, "typical_volume": 385465.0, "trend": 147.404554, "fair_value": 71.200111, "relative_strength": -1.377453, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -12.816594, "energy": 29.853438, "activity_lines": [ 149.617559, 156.409484, 160.173658, 155.532164 ] }, { "date": "2025-08-29", "close": 143.601395, "volume": 203700, "typical_volume": 364940.0, "trend": 147.783511, "fair_value": 71.967539, "relative_strength": -2.614862, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.919029, "energy": 42.163578, "activity_lines": [ 145.997897, 153.299797, 158.720488, 155.286799 ] }, { "date": "2025-09-05", "close": 143.949997, "volume": 201600, "typical_volume": 362265.0, "trend": 148.157193, "fair_value": 72.737509, "relative_strength": -4.321442, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.179408, "energy": 57.093138, "activity_lines": [ 143.993831, 150.692031, 157.241482, 155.039476 ] }, { "date": "2025-09-12", "close": 137.067261, "volume": 317100, "typical_volume": 360880.0, "trend": 148.775817, "fair_value": 73.465333, "relative_strength": -9.799976, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.380393, "energy": 64.211804, "activity_lines": [ 141.190267, 147.269585, 155.063907, 154.323996 ] }, { "date": "2025-09-19", "close": 137.455719, "volume": 545600, "typical_volume": 366595.0, "trend": 149.477617, "fair_value": 74.200274, "relative_strength": -11.205437, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.916384, "energy": 62.087806, "activity_lines": [ 139.890081, 144.483527, 152.962168, 153.593667 ] }, { "date": "2025-09-26", "close": 138.093185, "volume": 282700, "typical_volume": 361365.0, "trend": 150.333832, "fair_value": 74.934029, "relative_strength": -10.996482, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.396683, "energy": 53.616594, "activity_lines": [ 138.866132, 142.328966, 151.032473, 152.859188 ] }, { "date": "2025-10-03", "close": 140.571503, "volume": 194200, "typical_volume": 328675.0, "trend": 151.392574, "fair_value": 75.685777, "relative_strength": -11.699836, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.368304, "energy": 44.311034, "activity_lines": [ 139.045462, 141.115249, 149.474728, 152.22936 ] }, { "date": "2025-10-10", "close": 136.632111, "volume": 315900, "typical_volume": 323045.0, "trend": 152.345842, "fair_value": 76.414254, "relative_strength": -12.535369, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.479412, "energy": 48.916176, "activity_lines": [ 138.113655, 139.649294, 147.678716, 151.277072 ] }, { "date": "2025-10-17", "close": 135.136154, "volume": 235700, "typical_volume": 305310.0, "trend": 151.940763, "fair_value": 77.131841, "relative_strength": -14.381827, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.169822, "energy": 48.025747, "activity_lines": [ 137.171054, 138.452058, 145.857145, 150.16677 ] }, { "date": "2025-10-24", "close": 142.207108, "volume": 269100, "typical_volume": 305560.0, "trend": 152.032749, "fair_value": 77.896552, "relative_strength": -10.810698, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.279952, "energy": 37.407576, "activity_lines": [ 138.714179, 138.950258, 144.867434, 149.538792 ] }, { "date": "2025-10-31", "close": 135.415405, "volume": 385700, "typical_volume": 311560.0, "trend": 152.244115, "fair_value": 78.616982, "relative_strength": -14.907205, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.118662, "energy": 39.458748, "activity_lines": [ 137.676643, 138.1446, 143.341776, 148.466705 ] }, { "date": "2025-11-07", "close": 122.041412, "volume": 340100, "typical_volume": 315415.0, "trend": 151.938703, "fair_value": 79.253912, "relative_strength": -22.289018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.502161, "energy": 53.955086, "activity_lines": [ 132.359628, 135.05886, 140.692498, 146.518144 ] }, { "date": "2025-11-14", "close": 121.602592, "volume": 209200, "typical_volume": 312980.0, "trend": 151.49528, "fair_value": 79.885984, "relative_strength": -23.403668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.303114, "energy": 78.747938, "activity_lines": [ 128.13168, 132.285334, 138.21895, 144.560975 ] }, { "date": "2025-11-21", "close": 119.917122, "volume": 246800, "typical_volume": 312465.0, "trend": 150.651729, "fair_value": 80.497341, "relative_strength": -23.862027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.424663, "energy": 87.927601, "activity_lines": [ 124.343875, 129.611675, 135.805678, 142.523675 ] }, { "date": "2025-11-28", "close": 126.539291, "volume": 156000, "typical_volume": 309300.0, "trend": 149.50852, "fair_value": 81.153316, "relative_strength": -22.672737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.935008, "energy": 81.136283, "activity_lines": [ 123.778063, 128.453868, 134.252931, 140.968034 ] }, { "date": "2025-12-05", "close": 125.432274, "volume": 144100, "typical_volume": 306920.0, "trend": 148.135044, "fair_value": 81.801017, "relative_strength": -23.014741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.488215, "energy": 71.123805, "activity_lines": [ 123.887766, 127.293265, 132.781774, 139.414727 ] }, { "date": "2025-12-12", "close": 152.978104, "volume": 432900, "typical_volume": 319220.0, "trend": 147.59021, "fair_value": 82.621826, "relative_strength": -6.860233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.16242, "energy": 14.690965, "activity_lines": [ 133.844955, 131.371194, 134.122715, 139.727183 ] }, { "date": "2025-12-19", "close": 161.963913, "volume": 582900, "typical_volume": 337425.0, "trend": 147.616213, "fair_value": 83.499926, "relative_strength": -2.269317, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.594008, "energy": 27.373559, "activity_lines": [ 144.734967, 136.857331, 136.381896, 140.654519 ] }, { "date": "2025-12-26", "close": 163.041016, "volume": 124400, "typical_volume": 323760.0, "trend": 147.437323, "fair_value": 84.373326, "relative_strength": -2.563476, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.263098, "energy": 46.506451, "activity_lines": [ 153.293259, 142.078727, 138.764645, 141.649667 ] }, { "date": "2026-01-02", "close": 164.274628, "volume": 152100, "typical_volume": 289785.0, "trend": 147.396734, "fair_value": 85.263472, "relative_strength": -1.725616, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.419577, "energy": 50.863003, "activity_lines": [ 159.387828, 147.017055, 141.239332, 142.735945 ] }, { "date": "2026-01-09", "close": 167.270157, "volume": 312700, "typical_volume": 282625.0, "trend": 147.407904, "fair_value": 86.164542, "relative_strength": -2.359848, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.161518, "energy": 70.38638, "activity_lines": [ 163.965218, 152.098797, 143.876152, 144.018101 ] }, { "date": "2026-01-16", "close": 159.751389, "volume": 444500, "typical_volume": 294665.0, "trend": 147.142246, "fair_value": 87.020215, "relative_strength": -7.93959, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.1918, "energy": 65.569997, "activity_lines": [ 163.24716, 155.234313, 145.684902, 144.814455 ] }, { "date": "2026-01-23", "close": 146.970474, "volume": 287900, "typical_volume": 298980.0, "trend": 146.442266, "fair_value": 87.791159, "relative_strength": -15.272382, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.227687, "energy": 36.302994, "activity_lines": [ 157.817245, 155.360391, 146.199517, 144.803373 ] }, { "date": "2026-01-30", "close": 140.849609, "volume": 329100, "typical_volume": 299580.0, "trend": 145.531119, "fair_value": 88.523489, "relative_strength": -15.45587, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.412427, "energy": 12.567816, "activity_lines": [ 151.346603, 153.912349, 146.116809, 144.442556 ] }, { "date": "2026-02-06", "close": 154.119797, "volume": 346800, "typical_volume": 289640.0, "trend": 145.141331, "fair_value": 89.340261, "relative_strength": -8.892288, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 7.683822, "energy": 13.213937, "activity_lines": [ 150.778785, 154.496479, 147.279918, 144.996665 ] }, { "date": "2026-02-13", "close": 139.441711, "volume": 667400, "typical_volume": 308875.0, "trend": 144.287507, "fair_value": 90.069666, "relative_strength": -18.941378, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.22879, "energy": 20.073602, "activity_lines": [ 145.99526, 151.910401, 146.96576, 144.628947 ] }, { "date": "2026-02-20", "close": 158.66301, "volume": 486700, "typical_volume": 323500.0, "trend": 144.039864, "fair_value": 90.917367, "relative_strength": -9.817452, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.758173, "energy": 21.304334, "activity_lines": [ 149.474065, 152.564389, 148.475781, 145.556399 ] }, { "date": "2026-02-27", "close": 146.850662, "volume": 579700, "typical_volume": 336690.0, "trend": 143.389179, "fair_value": 91.699805, "relative_strength": -17.755824, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.525017, "energy": 13.532526, "activity_lines": [ 149.087979, 150.967315, 148.774667, 145.737741 ] }, { "date": "2026-03-06", "close": 141.568542, "volume": 395500, "typical_volume": 344680.0, "trend": 142.852276, "fair_value": 92.443279, "relative_strength": -17.668114, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.388362, "energy": 11.412835, "activity_lines": [ 146.949174, 148.684641, 148.521834, 145.62028 ] }, { "date": "2026-03-13", "close": 132.711777, "volume": 240400, "typical_volume": 343245.0, "trend": 142.66227, "fair_value": 93.125933, "relative_strength": -21.440392, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.982086, "energy": 16.900937, "activity_lines": [ 141.810185, 145.182056, 147.394869, 144.966055 ] }, { "date": "2026-03-20", "close": 136.576004, "volume": 547100, "typical_volume": 351315.0, "trend": 142.423111, "fair_value": 93.833668, "relative_strength": -15.51048, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.661561, "energy": 25.195941, "activity_lines": [ 139.386473, 142.955927, 146.681141, 144.573392 ] }, { "date": "2026-03-27", "close": 141.658401, "volume": 292500, "typical_volume": 348935.0, "trend": 142.358344, "fair_value": 94.569774, "relative_strength": -13.744649, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.82115, "energy": 28.448267, "activity_lines": [ 138.84794, 142.211946, 146.445924, 144.524056 ] }, { "date": "2026-04-03", "close": 130.160004, "volume": 337400, "typical_volume": 355345.0, "trend": 141.898678, "fair_value": 95.238426, "relative_strength": -23.022195, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.579716, "energy": 40.94377, "activity_lines": [ 135.610249, 139.70631, 145.022208, 143.737067 ] }, { "date": "2026-04-10", "close": 125.190002, "volume": 304200, "typical_volume": 358215.0, "trend": 141.502769, "fair_value": 95.875343, "relative_strength": -26.743108, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.097609, "energy": 43.550094, "activity_lines": [ 131.828601, 136.602683, 143.084409, 142.659087 ] }, { "date": "2026-04-17", "close": 133.699997, "volume": 630700, "typical_volume": 381950.0, "trend": 141.377578, "fair_value": 96.562059, "relative_strength": -22.751976, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.976857, "energy": 32.618026, "activity_lines": [ 131.975521, 135.331048, 141.931976, 142.155683 ] }, { "date": "2026-04-24", "close": 137.830002, "volume": 364700, "typical_volume": 392980.0, "trend": 141.368806, "fair_value": 97.277064, "relative_strength": -18.765491, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.560172, "energy": 25.852764, "activity_lines": [ 133.433228, 135.181591, 141.138779, 141.926807 ] }, { "date": "2026-05-01", "close": 134.352402, "volume": 346700, "typical_volume": 388670.0, "trend": 141.161502, "fair_value": 97.96446, "relative_strength": -20.028653, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.630336, "energy": 19.997111, "activity_lines": [ 133.648134, 134.429148, 139.955345, 141.474136 ] }, { "date": "2026-05-08", "close": 128.133392, "volume": 281900, "typical_volume": 373620.0, "trend": 140.878212, "fair_value": 98.613805, "relative_strength": -23.311639, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.552929, "energy": 30.834524, "activity_lines": [ 132.277105, 132.987987, 138.268318, 140.633612 ] }, { "date": "2026-05-15", "close": 132.51564, "volume": 632200, "typical_volume": 399010.0, "trend": 140.790861, "fair_value": 99.289115, "relative_strength": -19.292003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.863664, "energy": 27.647858, "activity_lines": [ 132.501932, 132.683912, 137.159746, 140.094092 ] }, { "date": "2026-05-22", "close": 142.438095, "volume": 555600, "typical_volume": 419185.0, "trend": 140.798561, "fair_value": 100.031094, "relative_strength": -14.141232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.129023, "energy": 17.046962, "activity_lines": [ 135.545868, 134.348518, 137.141528, 140.200365 ] }, { "date": "2026-05-29", "close": 153.508514, "volume": 494500, "typical_volume": 428275.0, "trend": 141.401664, "fair_value": 100.843162, "relative_strength": -7.514419, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.246024, "energy": 13.151888, "activity_lines": [ 141.697404, 137.849085, 138.28162, 141.020362 ] }, { "date": "2026-06-05", "close": 108.208633, "volume": 1616600, "typical_volume": 486880.0, "trend": 140.940572, "fair_value": 101.368036, "relative_strength": -33.295289, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.032049, "energy": 29.956264, "activity_lines": [ 131.703745, 132.805447, 135.172968, 138.878876 ] }, { "date": "2026-06-12", "close": 118.111122, "volume": 151400, "typical_volume": 480055.0, "trend": 140.824189, "fair_value": 101.956011, "relative_strength": -27.419811, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.741884, "energy": 35.970437, "activity_lines": [ 126.753834, 130.170438, 133.252853, 137.406008 ] }, { "date": "2026-06-19", "close": 121.914391, "volume": 36900, "typical_volume": 465445.0, "trend": 140.890765, "fair_value": 102.562427, "relative_strength": -24.259948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.795764, "energy": 49.459539, "activity_lines": [ 123.739831, 128.446004, 131.832379, 136.186021 ] }, { "date": "2026-06-26", "close": 117.42234, "volume": 89700, "typical_volume": 452590.0, "trend": 140.586867, "fair_value": 103.13301, "relative_strength": -26.168195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.428009, "energy": 65.31242, "activity_lines": [ 119.935227, 125.96439, 130.074259, 134.671929 ] }, { "date": "2026-07-03", "close": 118.980003, "volume": 30300, "typical_volume": 420735.0, "trend": 140.371791, "fair_value": 103.712637, "relative_strength": -24.852872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.183345, "energy": 61.510324, "activity_lines": [ 118.317562, 124.061944, 128.639237, 133.277938 ] }, { "date": "2026-07-10", "close": 117.059998, "volume": 309900, "typical_volume": 411895.0, "trend": 139.174521, "fair_value": 104.28027, "relative_strength": -25.284879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.544829, "energy": 52.672516, "activity_lines": [ 118.361795, 122.153134, 127.118794, 131.773951 ] }, { "date": "2026-07-17", "close": 116.660004, "volume": 304600, "typical_volume": 398140.0, "trend": 137.664391, "fair_value": 104.811238, "relative_strength": -24.558714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.861302, "energy": 50.334219, "activity_lines": [ 117.682606, 120.486005, 125.758366, 130.321402 ] }, { "date": "2026-07-24", "close": 119.870003, "volume": 314500, "typical_volume": 394090.0, "trend": 136.225357, "fair_value": 105.364227, "relative_strength": -21.804075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.748128, "energy": 37.460028, "activity_lines": [ 118.170158, 119.61112, 124.847418, 129.173377 ] }, { "date": "2026-07-31", "close": 114.230003, "volume": 388400, "typical_volume": 401490.0, "trend": 134.557203, "fair_value": 105.880246, "relative_strength": -24.200555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.378305, "energy": 38.34674, "activity_lines": [ 116.914003, 117.9407, 123.502653, 127.754322 ] }, { "date": "2026-08-07", "close": 120.43, "volume": 261900, "typical_volume": 387230.0, "trend": 132.995864, "fair_value": 106.428536, "relative_strength": -21.790464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.253748, "energy": 29.219885, "activity_lines": [ 117.937335, 117.910427, 122.836372, 126.842889 ] } ], "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." } } }