{ "ticker": { "uuid": "b7b8e32b-72e7-46c6-9f9d-d7b0e1d0e07b", "symbol": "GFC", "name": "Gecina", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 56.789, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 40.761, "architecture_energy": 61.74, "architecture_maturity": 7.642, "architecture_confidence": 57.401, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 29.42, "rotation_up": 71.44, "upward_expansion": 62.93, "deceleration": 20.98, "rotation_down": 19.4, "downward_expansion": 23.6 }, "activity_lines": [ 74.656668, 73.317286, 72.509898, 72.082339 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 75.400002, "trend_reference": 72.116593, "distance_from_trend": 0.045529, "trend_direction": "Weakening", "fair_value": 81.682314, "distance_from_fair_value": -0.076912, "fair_value_direction": "Improving", "relative_strength": -6.172145, "relative_strength_direction": "Improving", "price_momentum": -0.005039, "excess_performance": -0.058351, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045529, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.020665, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.076912, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.040466, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061721, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.026705, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.005039, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.831582, "read": "Demand-led" } ], "volume": { "latest": 902055, "relative_activity": 1.052662, "balance": 1.831582, "dry_up": 1.165813, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.032985, "annualized_volatility": 0.23567, "from_high_reference": -0.120551, "from_low_reference": 0.16358 }, "levels": { "trend_reference": 72.116593, "fair_value_reference": 81.682314, "structural_low": 64.800003, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.00571, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.018411, "regime_survival": 0.4, "best_return": 0.13094, "worst_return": -0.102451, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.033722, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.045013, "regime_survival": 0.0, "best_return": 0.115745, "worst_return": -0.036829, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.038851, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.070276, "regime_survival": 0.0, "best_return": 0.020108, "worst_return": -0.107539, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.03327, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.001111, "regime_survival": 0.333333, "best_return": 0.089241, "worst_return": -0.17934, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-17", "end": "2024-06-28", "tenure": "Developing", "return": -0.157353, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-05", "end": "2024-08-02", "tenure": "Developing", "return": 0.036151, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.048026, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-10-25", "tenure": "Developing", "return": 0.009045, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-29", "tenure": "Developing", "return": -0.026047, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2025-01-17", "tenure": "Developing", "return": -0.009096, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-05-09", "tenure": "Established", "return": 0.039295, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": 0.044181, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": -0.011318, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-08-29", "tenure": "Developing", "return": -0.058923, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-10-03", "tenure": "Developing", "return": 0.01791, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-10", "end": "2026-05-15", "tenure": "Extended", "return": -0.097845, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-07-24", "tenure": "Developing", "return": 0.022806, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.008021, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 79.225746, "volume": 316409, "typical_volume": 516916.7, "trend": 82.861861, "fair_value": 85.989728, "relative_strength": -3.792778, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.817008, "energy": 16.423269, "activity_lines": [ 81.758572, 82.127573, 81.813619, 81.877135 ] }, { "date": "2023-08-25", "close": 80.632866, "volume": 295015, "typical_volume": 507889.4, "trend": 82.57887, "fair_value": 85.956999, "relative_strength": -2.889268, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.937051, "energy": 20.23258, "activity_lines": [ 81.096226, 81.890376, 81.720689, 81.733329 ] }, { "date": "2023-09-01", "close": 83.447128, "volume": 575875, "typical_volume": 511002.05, "trend": 82.319534, "fair_value": 85.968683, "relative_strength": -0.365581, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -12.825312, "energy": 10.533993, "activity_lines": [ 81.659078, 82.199705, 81.891478, 81.789345 ] }, { "date": "2023-09-08", "close": 83.404495, "volume": 325270, "typical_volume": 499017.15, "trend": 82.131628, "fair_value": 85.984804, "relative_strength": 0.43479, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.126916, "energy": 6.113728, "activity_lines": [ 82.238989, 82.399728, 82.049189, 81.859343 ] }, { "date": "2023-09-15", "close": 84.982178, "volume": 808148, "typical_volume": 507252.1, "trend": 81.993614, "fair_value": 86.007741, "relative_strength": 0.511702, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.178592, "energy": 35.112252, "activity_lines": [ 83.290782, 82.841636, 82.349725, 82.043249 ] }, { "date": "2023-09-22", "close": 84.172012, "volume": 486239, "typical_volume": 510908.4, "trend": 81.91224, "fair_value": 86.049503, "relative_strength": 2.182715, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.331039, "energy": 39.105498, "activity_lines": [ 83.901959, 83.056388, 82.567047, 82.183791 ] }, { "date": "2023-09-29", "close": 82.509041, "volume": 626532, "typical_volume": 516854.3, "trend": 81.721469, "fair_value": 86.049052, "relative_strength": 0.818042, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.280395, "energy": 35.568705, "activity_lines": [ 83.62906, 82.971883, 82.618263, 82.222294 ] }, { "date": "2023-10-06", "close": 80.71814, "volume": 503963, "typical_volume": 514031.55, "trend": 81.59683, "fair_value": 86.021108, "relative_strength": -0.390931, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.065582, "energy": 15.496983, "activity_lines": [ 82.634117, 82.60595, 82.484293, 82.157563 ] }, { "date": "2023-10-13", "close": 80.547585, "volume": 482956, "typical_volume": 517180.5, "trend": 81.593717, "fair_value": 86.034928, "relative_strength": 0.121355, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.914226, "energy": 8.494692, "activity_lines": [ 81.764254, 82.267153, 82.333317, 82.08987 ] }, { "date": "2023-10-20", "close": 77.6054, "volume": 421521, "typical_volume": 504802.45, "trend": 81.64878, "fair_value": 86.011049, "relative_strength": -0.92589, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.38895, "energy": 29.196961, "activity_lines": [ 80.104124, 81.430627, 81.895664, 81.832559 ] }, { "date": "2023-10-27", "close": 76.923157, "volume": 456904, "typical_volume": 504743.75, "trend": 81.570483, "fair_value": 86.002106, "relative_strength": -1.448337, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.058718, "energy": 60.887356, "activity_lines": [ 78.708364, 80.557663, 81.4148, 81.52768 ] }, { "date": "2023-11-03", "close": 85.067467, "volume": 497009, "typical_volume": 487345.8, "trend": 81.748452, "fair_value": 86.0157, "relative_strength": 4.992088, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.482607, "energy": 20.109315, "activity_lines": [ 80.510632, 81.207348, 81.734004, 81.753292 ] }, { "date": "2023-11-10", "close": 82.679596, "volume": 464766, "typical_volume": 488121.1, "trend": 81.785986, "fair_value": 85.952291, "relative_strength": 2.126476, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.457013, "energy": 7.505929, "activity_lines": [ 81.34638, 81.342245, 81.8138, 81.813366 ] }, { "date": "2023-11-17", "close": 85.024818, "volume": 676682, "typical_volume": 495523.95, "trend": 81.892015, "fair_value": 85.895439, "relative_strength": 2.265022, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 43.269236, "energy": 23.372766, "activity_lines": [ 82.833106, 81.917502, 82.094007, 82.022323 ] }, { "date": "2023-11-24", "close": 84.555779, "volume": 439943, "typical_volume": 486034.65, "trend": 81.920186, "fair_value": 85.838877, "relative_strength": 0.874631, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 53.127721, "energy": 36.102046, "activity_lines": [ 83.865003, 82.378018, 82.310052, 82.194179 ] }, { "date": "2023-12-01", "close": 88.777168, "volume": 976024, "typical_volume": 510125.3, "trend": 82.127787, "fair_value": 85.792421, "relative_strength": 5.03381, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 71.858386, "energy": 62.598587, "activity_lines": [ 85.840671, 83.613812, 82.90925, 82.636565 ] }, { "date": "2023-12-08", "close": 91.335587, "volume": 665354, "typical_volume": 516404.3, "trend": 82.524373, "fair_value": 85.780732, "relative_strength": 5.393636, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.277428, "energy": 75.691804, "activity_lines": [ 87.878878, 85.231043, 83.73099, 83.230616 ] }, { "date": "2023-12-15", "close": 93.467606, "volume": 1020503, "typical_volume": 543156.3, "trend": 82.954693, "fair_value": 85.792129, "relative_strength": 6.764849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.050292, "energy": 81.850399, "activity_lines": [ 90.209884, 87.075432, 84.725322, 83.936631 ] }, { "date": "2023-12-22", "close": 94.064575, "volume": 435084, "typical_volume": 540608.6, "trend": 83.450542, "fair_value": 85.80076, "relative_strength": 7.72984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.776707, "energy": 85.19495, "activity_lines": [ 92.020678, 88.796552, 85.731025, 84.653398 ] }, { "date": "2023-12-29", "close": 93.894012, "volume": 175524, "typical_volume": 532486.05, "trend": 83.841149, "fair_value": 85.807826, "relative_strength": 7.801155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.345589, "energy": 84.481692, "activity_lines": [ 93.171968, 90.240896, 86.665864, 85.32717 ] }, { "date": "2024-01-05", "close": 92.870644, "volume": 342607, "typical_volume": 533795.95, "trend": 84.201791, "fair_value": 85.81728, "relative_strength": 8.273992, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.430401, "energy": 80.199511, "activity_lines": [ 93.359586, 91.203018, 87.448619, 85.909718 ] }, { "date": "2024-01-12", "close": 90.312225, "volume": 622724, "typical_volume": 550181.4, "trend": 84.460561, "fair_value": 85.820695, "relative_strength": 4.727168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.86041, "energy": 58.002453, "activity_lines": [ 92.4215, 91.410018, 87.922739, 86.30394 ] }, { "date": "2024-01-19", "close": 87.839081, "volume": 442203, "typical_volume": 543497.8, "trend": 84.793141, "fair_value": 85.832276, "relative_strength": 3.233069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.245601, "energy": 36.465986, "activity_lines": [ 90.727256, 91.071996, 88.11523, 86.521909 ] }, { "date": "2024-01-26", "close": 89.033012, "volume": 529228, "typical_volume": 553695.7, "trend": 85.063197, "fair_value": 85.849155, "relative_strength": 1.189196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.155828, "energy": 24.109508, "activity_lines": [ 89.806224, 90.857244, 88.400514, 86.795449 ] }, { "date": "2024-02-02", "close": 84.939537, "volume": 514487, "typical_volume": 539012.65, "trend": 85.208174, "fair_value": 85.826136, "relative_strength": -2.699587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.598506, "energy": 23.251113, "activity_lines": [ 87.856138, 89.825347, 88.269141, 86.787471 ] }, { "date": "2024-02-09", "close": 82.551682, "volume": 495314, "typical_volume": 539466.4, "trend": 85.148477, "fair_value": 85.799584, "relative_strength": -5.851473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.882147, "energy": 23.876835, "activity_lines": [ 85.707065, 88.352317, 87.910556, 86.616084 ] }, { "date": "2024-02-16", "close": 79.524223, "volume": 831118, "typical_volume": 549695.7, "trend": 84.967967, "fair_value": 85.773406, "relative_strength": -10.428709, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -41.310526, "energy": 43.508382, "activity_lines": [ 83.236771, 86.442031, 87.271358, 86.253229 ] }, { "date": "2024-02-23", "close": 79.95063, "volume": 436692, "typical_volume": 546332.15, "trend": 84.835782, "fair_value": 85.745722, "relative_strength": -11.893413, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.524964, "energy": 59.381744, "activity_lines": [ 81.627812, 84.824026, 86.686983, 85.92953 ] }, { "date": "2024-03-01", "close": 76.923157, "volume": 734828, "typical_volume": 558925.75, "trend": 84.646744, "fair_value": 85.687142, "relative_strength": -14.548785, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.863056, "energy": 72.94034, "activity_lines": [ 79.535592, 82.901334, 85.817932, 85.419038 ] }, { "date": "2024-03-08", "close": 81.88736, "volume": 755293, "typical_volume": 575614.35, "trend": 84.628864, "fair_value": 85.642557, "relative_strength": -9.868929, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.31446, "energy": 62.19947, "activity_lines": [ 79.90543, 82.192887, 85.438922, 85.241013 ] }, { "date": "2024-03-15", "close": 79.866531, "volume": 2512157, "typical_volume": 678377.0, "trend": 84.650223, "fair_value": 85.564781, "relative_strength": -13.286848, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.066141, "energy": 54.95333, "activity_lines": [ 79.805137, 81.335319, 84.847061, 84.933766 ] }, { "date": "2024-03-22", "close": 81.535904, "volume": 610433, "typical_volume": 684048.2, "trend": 84.680324, "fair_value": 85.516979, "relative_strength": -11.214504, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.096032, "energy": 35.7979, "activity_lines": [ 80.440311, 81.017712, 84.400173, 84.732842 ] }, { "date": "2024-03-29", "close": 83.161354, "volume": 530237, "typical_volume": 687321.75, "trend": 84.670799, "fair_value": 85.478633, "relative_strength": -9.932908, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -42.612204, "energy": 27.306375, "activity_lines": [ 81.48319, 81.15521, 84.124906, 84.634844 ] }, { "date": "2024-04-05", "close": 82.194878, "volume": 629756, "typical_volume": 684975.45, "trend": 84.630478, "fair_value": 85.428551, "relative_strength": -9.277179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.457333, "energy": 24.239899, "activity_lines": [ 81.989863, 81.202035, 83.7553, 84.475107 ] }, { "date": "2024-04-12", "close": 81.184464, "volume": 483979, "typical_volume": 687177.25, "trend": 84.503888, "fair_value": 85.366692, "relative_strength": -9.717913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.913573, "energy": 21.222495, "activity_lines": [ 81.808282, 81.189479, 83.302939, 84.252784 ] }, { "date": "2024-04-19", "close": 81.799492, "volume": 481897, "typical_volume": 662470.9, "trend": 84.424804, "fair_value": 85.311184, "relative_strength": -9.070985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.803484, "energy": 20.132849, "activity_lines": [ 81.878571, 81.357019, 82.925207, 84.078307 ] }, { "date": "2024-04-26", "close": 83.644592, "volume": 452601, "typical_volume": 651833.25, "trend": 84.462655, "fair_value": 85.261241, "relative_strength": -7.644852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.301606, "energy": 17.724205, "activity_lines": [ 82.435029, 81.873709, 82.756425, 84.027971 ] }, { "date": "2024-05-03", "close": 86.675835, "volume": 472179, "typical_volume": 624417.05, "trend": 84.661245, "fair_value": 85.201578, "relative_strength": -2.690729, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.468225, "energy": 11.676854, "activity_lines": [ 83.861322, 82.866618, 82.912958, 84.170756 ] }, { "date": "2024-05-10", "close": 87.861977, "volume": 486010, "typical_volume": 626963.35, "trend": 84.905058, "fair_value": 85.143256, "relative_strength": -4.49442, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 26.526968, "energy": 27.14478, "activity_lines": [ 85.448697, 83.952913, 83.214797, 84.377255 ] }, { "date": "2024-05-17", "close": 89.619209, "volume": 511184, "typical_volume": 643746.35, "trend": 85.305518, "fair_value": 85.09957, "relative_strength": -2.00545, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.649797, "energy": 53.398776, "activity_lines": [ 87.244009, 85.159816, 83.713529, 84.681394 ] }, { "date": "2024-05-24", "close": 86.631905, "volume": 457075, "typical_volume": 649469.75, "trend": 85.629143, "fair_value": 85.022763, "relative_strength": -4.403898, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.288116, "energy": 49.734034, "activity_lines": [ 87.481237, 85.682995, 83.948111, 84.766967 ] }, { "date": "2024-05-31", "close": 86.983353, "volume": 583773, "typical_volume": 647522.2, "trend": 85.693006, "fair_value": 84.939777, "relative_strength": -2.719857, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.936589, "energy": 50.457053, "activity_lines": [ 87.513453, 86.147066, 84.245873, 84.854336 ] }, { "date": "2024-06-07", "close": 87.598381, "volume": 513882, "typical_volume": 651106.15, "trend": 85.856966, "fair_value": 84.855192, "relative_strength": -2.069311, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.170887, "energy": 42.675422, "activity_lines": [ 87.528095, 86.623916, 84.618061, 84.977263 ] }, { "date": "2024-06-14", "close": 80.437637, "volume": 732538, "typical_volume": 661271.65, "trend": 85.70406, "fair_value": 84.735064, "relative_strength": -4.025241, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -24.390245, "energy": 14.489057, "activity_lines": [ 85.094319, 85.718139, 84.309419, 84.627629 ] }, { "date": "2024-06-21", "close": 79.866531, "volume": 960443, "typical_volume": 683569.45, "trend": 85.547751, "fair_value": 84.605494, "relative_strength": -6.207278, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -53.530554, "energy": 35.824401, "activity_lines": [ 82.96513, 84.740475, 83.987317, 84.251014 ] }, { "date": "2024-06-28", "close": 75.517365, "volume": 680911, "typical_volume": 692849.3, "trend": 85.105758, "fair_value": 84.45281, "relative_strength": -9.414982, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -79.610389, "energy": 57.094758, "activity_lines": [ 80.036398, 82.996016, 83.275166, 83.603893 ] }, { "date": "2024-07-05", "close": 81.427513, "volume": 677359, "typical_volume": 685161.35, "trend": 84.775489, "fair_value": 84.321288, "relative_strength": -4.703659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.876466, "energy": 48.184537, "activity_lines": [ 79.818685, 82.440349, 83.159382, 83.366586 ] }, { "date": "2024-07-12", "close": 79.978302, "volume": 811154, "typical_volume": 703884.45, "trend": 84.325845, "fair_value": 84.181705, "relative_strength": -6.815505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.752772, "energy": 61.994913, "activity_lines": [ 79.48829, 81.6615, 82.896515, 83.05709 ] }, { "date": "2024-07-19", "close": 79.163132, "volume": 466567, "typical_volume": 690471.4, "trend": 83.829131, "fair_value": 84.032224, "relative_strength": -5.290857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.232429, "energy": 56.856067, "activity_lines": [ 79.394178, 80.856212, 82.555882, 82.724012 ] }, { "date": "2024-07-26", "close": 80.748199, "volume": 503314, "typical_volume": 677872.45, "trend": 83.390937, "fair_value": 83.891428, "relative_strength": -3.096994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.869227, "energy": 32.907863, "activity_lines": [ 79.913388, 80.497279, 82.35554, 82.525242 ] }, { "date": "2024-08-02", "close": 84.371231, "volume": 705978, "typical_volume": 587563.5, "trend": 83.107623, "fair_value": 83.765985, "relative_strength": 4.900621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.400818, "energy": 14.4488, "activity_lines": [ 81.581498, 80.95837, 82.505674, 82.588487 ] }, { "date": "2024-08-09", "close": 84.869392, "volume": 574846, "typical_volume": 585784.15, "trend": 82.926195, "fair_value": 83.644229, "relative_strength": 5.178823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.932241, "energy": 12.564938, "activity_lines": [ 82.825403, 81.551138, 82.6818, 82.70215 ] }, { "date": "2024-08-16", "close": 86.318604, "volume": 397757, "typical_volume": 579160.15, "trend": 82.875513, "fair_value": 83.545781, "relative_strength": 4.294807, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.92911, "energy": 27.226671, "activity_lines": [ 84.322921, 82.445836, 82.980073, 82.921015 ] }, { "date": "2024-08-23", "close": 88.945297, "volume": 481687, "typical_volume": 571756.7, "trend": 82.872589, "fair_value": 83.467122, "relative_strength": 5.555398, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 70.578848, "energy": 53.180239, "activity_lines": [ 86.273316, 83.841382, 83.513473, 83.312614 ] }, { "date": "2024-08-30", "close": 90.12278, "volume": 535384, "typical_volume": 574326.95, "trend": 83.045364, "fair_value": 83.412244, "relative_strength": 6.128549, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.40049, "energy": 72.56587, "activity_lines": [ 87.964061, 85.296332, 84.126869, 83.780368 ] }, { "date": "2024-09-06", "close": 94.198685, "volume": 717192, "typical_volume": 586091.7, "trend": 83.433597, "fair_value": 83.406614, "relative_strength": 14.875725, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.535387, "energy": 83.951076, "activity_lines": [ 90.388469, 87.305878, 85.085883, 84.499937 ] }, { "date": "2024-09-13", "close": 96.100777, "volume": 637239, "typical_volume": 595323.6, "trend": 83.986149, "fair_value": 83.413176, "relative_strength": 15.152907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.147098, "energy": 91.702326, "activity_lines": [ 92.791744, 89.321599, 86.167005, 85.317175 ] }, { "date": "2024-09-20", "close": 96.825371, "volume": 914905, "typical_volume": 617459.9, "trend": 84.54864, "fair_value": 83.432253, "relative_strength": 15.242816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.253303, "energy": 92.531202, "activity_lines": [ 94.687792, 91.202277, 87.257821, 86.145511 ] }, { "date": "2024-09-27", "close": 95.376175, "volume": 708271, "typical_volume": 628572.95, "trend": 85.163741, "fair_value": 83.462209, "relative_strength": 9.143888, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.999732, "energy": 87.750638, "activity_lines": [ 95.400323, 92.513155, 88.162287, 86.844062 ] }, { "date": "2024-10-04", "close": 93.202354, "volume": 904763, "typical_volume": 648251.9, "trend": 85.540907, "fair_value": 83.481919, "relative_strength": 10.023387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.255667, "energy": 85.77784, "activity_lines": [ 94.959521, 93.13401, 88.823941, 87.362682 ] }, { "date": "2024-10-11", "close": 93.83638, "volume": 504561, "typical_volume": 650626.2, "trend": 86.006569, "fair_value": 83.488231, "relative_strength": 10.071659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.707257, "energy": 69.018515, "activity_lines": [ 94.524757, 93.643703, 89.528915, 87.897874 ] }, { "date": "2024-10-18", "close": 95.104446, "volume": 641084, "typical_volume": 653491.75, "trend": 86.458854, "fair_value": 83.497261, "relative_strength": 10.834189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.663714, "energy": 56.100835, "activity_lines": [ 94.536836, 94.21186, 90.320351, 88.484834 ] }, { "date": "2024-10-25", "close": 90.937965, "volume": 488084, "typical_volume": 652201.85, "trend": 86.718074, "fair_value": 83.484748, "relative_strength": 7.462985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.198079, "energy": 37.825262, "activity_lines": [ 93.226509, 93.836384, 90.676306, 88.773809 ] }, { "date": "2024-11-01", "close": 88.673576, "volume": 468452, "typical_volume": 638997.55, "trend": 86.934031, "fair_value": 83.439272, "relative_strength": 6.056291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.611805, "energy": 23.517591, "activity_lines": [ 91.553879, 92.965212, 90.800704, 88.89997 ] }, { "date": "2024-11-08", "close": 88.311264, "volume": 471221, "typical_volume": 614536.45, "trend": 87.171591, "fair_value": 83.406724, "relative_strength": 6.582677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.071109, "energy": 24.293839, "activity_lines": [ 90.207319, 92.033105, 90.851376, 88.988824 ] }, { "date": "2024-11-15", "close": 86.137451, "volume": 498634, "typical_volume": 605422.6, "trend": 87.316189, "fair_value": 83.368603, "relative_strength": 4.929379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.479739, "energy": 22.359502, "activity_lines": [ 88.462228, 90.738696, 90.654806, 88.922105 ] }, { "date": "2024-11-22", "close": 85.865723, "volume": 474654, "typical_volume": 595287.35, "trend": 87.390227, "fair_value": 83.330216, "relative_strength": 4.766165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.979399, "energy": 36.70234, "activity_lines": [ 87.139822, 89.54145, 90.381784, 88.828527 ] }, { "date": "2024-11-29", "close": 86.363884, "volume": 664945, "typical_volume": 587976.9, "trend": 87.379829, "fair_value": 83.31273, "relative_strength": 5.690449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.559603, "energy": 36.276528, "activity_lines": [ 86.599385, 88.620871, 90.135073, 88.762311 ] }, { "date": "2024-12-06", "close": 84.642952, "volume": 540071, "typical_volume": 591652.1, "trend": 87.272528, "fair_value": 83.279294, "relative_strength": 1.036758, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.662658, "energy": 51.415558, "activity_lines": [ 85.790242, 87.577604, 89.694056, 88.585738 ] }, { "date": "2024-12-13", "close": 81.155785, "volume": 493680, "typical_volume": 591170.4, "trend": 86.990414, "fair_value": 83.206534, "relative_strength": -2.675406, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.684009, "energy": 67.250884, "activity_lines": [ 84.087419, 86.095455, 88.894833, 88.19111 ] }, { "date": "2024-12-20", "close": 81.01992, "volume": 933851, "typical_volume": 602564.05, "trend": 86.803348, "fair_value": 83.129706, "relative_strength": -0.815313, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.310273, "energy": 65.096057, "activity_lines": [ 82.816339, 84.807633, 88.080729, 87.805917 ] }, { "date": "2024-12-27", "close": 81.336945, "volume": 186571, "typical_volume": 583150.3, "trend": 86.615134, "fair_value": 83.046547, "relative_strength": -1.287378, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.892593, "energy": 67.857889, "activity_lines": [ 81.992103, 83.810478, 87.312778, 87.453246 ] }, { "date": "2025-01-03", "close": 81.336945, "volume": 247364, "typical_volume": 575630.65, "trend": 86.406419, "fair_value": 82.969045, "relative_strength": -0.064923, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.558583, "energy": 68.219457, "activity_lines": [ 81.469786, 83.063642, 86.561647, 87.112717 ] }, { "date": "2025-01-10", "close": 79.389572, "volume": 475478, "typical_volume": 575320.2, "trend": 86.371484, "fair_value": 82.873895, "relative_strength": -4.177842, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.978785, "energy": 67.64344, "activity_lines": [ 80.633473, 82.137301, 85.648774, 86.660017 ] }, { "date": "2025-01-17", "close": 83.873062, "volume": 701245, "typical_volume": 583613.25, "trend": 86.505035, "fair_value": 82.824456, "relative_strength": -2.251123, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.598883, "energy": 49.6171, "activity_lines": [ 81.641883, 82.194941, 85.208404, 86.498829 ] }, { "date": "2025-01-24", "close": 81.789825, "volume": 597101, "typical_volume": 577608.7, "trend": 86.714117, "fair_value": 82.765844, "relative_strength": -7.082646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.863631, "energy": 45.686848, "activity_lines": [ 81.774728, 81.954505, 84.599391, 86.194622 ] }, { "date": "2025-01-31", "close": 85.367569, "volume": 597756, "typical_volume": 575634.55, "trend": 86.845452, "fair_value": 82.759435, "relative_strength": -3.217827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.118049, "energy": 30.539754, "activity_lines": [ 83.048828, 82.443615, 84.390206, 86.107748 ] }, { "date": "2025-02-07", "close": 86.22802, "volume": 545310, "typical_volume": 557154.8, "trend": 87.053776, "fair_value": 82.76469, "relative_strength": -2.526056, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.528184, "energy": 25.493787, "activity_lines": [ 84.341036, 83.098229, 84.314078, 86.067914 ] }, { "date": "2025-02-14", "close": 86.318604, "volume": 645069, "typical_volume": 553994.7, "trend": 87.292292, "fair_value": 82.741749, "relative_strength": -4.927809, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.461338, "energy": 23.244868, "activity_lines": [ 85.337368, 83.771782, 84.297041, 86.020483 ] }, { "date": "2025-02-21", "close": 83.239029, "volume": 538660, "typical_volume": 535689.55, "trend": 87.375319, "fair_value": 82.707676, "relative_strength": -8.076919, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.002046, "energy": 24.300152, "activity_lines": [ 84.845239, 83.854947, 84.029843, 85.758982 ] }, { "date": "2025-02-28", "close": 82.016258, "volume": 719023, "typical_volume": 546412.65, "trend": 87.29682, "fair_value": 82.722707, "relative_strength": -9.013982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.631402, "energy": 21.031398, "activity_lines": [ 83.987788, 83.677912, 83.693635, 85.413236 ] }, { "date": "2025-03-07", "close": 80.475822, "volume": 1106155, "typical_volume": 569666.2, "trend": 87.150368, "fair_value": 82.695377, "relative_strength": -10.778867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.162768, "energy": 35.595136, "activity_lines": [ 82.601764, 83.202683, 83.267004, 84.973172 ] }, { "date": "2025-03-14", "close": 80.009026, "volume": 576255, "typical_volume": 574074.75, "trend": 86.940049, "fair_value": 82.6507, "relative_strength": -10.302652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.674967, "energy": 54.572056, "activity_lines": [ 81.386257, 82.658238, 82.865577, 84.51244 ] }, { "date": "2025-03-21", "close": 81.269386, "volume": 681608, "typical_volume": 584732.55, "trend": 86.684185, "fair_value": 82.609318, "relative_strength": -9.071972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.105961, "energy": 57.892313, "activity_lines": [ 81.00547, 82.367094, 82.636227, 84.146591 ] }, { "date": "2025-03-28", "close": 81.549461, "volume": 668607, "typical_volume": 594601.85, "trend": 86.398408, "fair_value": 82.555377, "relative_strength": -7.323128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.057665, "energy": 53.343641, "activity_lines": [ 81.054655, 82.092694, 82.468809, 83.815318 ] }, { "date": "2025-04-04", "close": 80.755905, "volume": 874411, "typical_volume": 613390.7, "trend": 85.950315, "fair_value": 82.514481, "relative_strength": -0.292969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.24531, "energy": 37.748494, "activity_lines": [ 80.95196, 81.716259, 82.258013, 83.451286 ] }, { "date": "2025-04-11", "close": 79.215469, "volume": 1105088, "typical_volume": 644912.4, "trend": 85.387471, "fair_value": 82.458673, "relative_strength": -0.027918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.134973, "energy": 37.176892, "activity_lines": [ 80.41981, 81.078543, 81.926136, 83.01678 ] }, { "date": "2025-04-18", "close": 83.603371, "volume": 393173, "typical_volume": 631323.8, "trend": 84.946738, "fair_value": 82.435023, "relative_strength": 2.661426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.558948, "energy": 20.183903, "activity_lines": [ 81.434317, 81.350483, 82.043821, 82.901677 ] }, { "date": "2025-04-25", "close": 83.836769, "volume": 499917, "typical_volume": 629316.1, "trend": 84.562091, "fair_value": 82.430496, "relative_strength": -0.606415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.302809, "energy": 11.738079, "activity_lines": [ 82.287, 81.71258, 82.196881, 82.830066 ] }, { "date": "2025-05-02", "close": 85.377197, "volume": 557488, "typical_volume": 632506.5, "trend": 84.301253, "fair_value": 82.453977, "relative_strength": -1.847187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.517849, "energy": 11.936824, "activity_lines": [ 83.482001, 82.39988, 82.500486, 82.882653 ] }, { "date": "2025-05-09", "close": 85.003761, "volume": 491157, "typical_volume": 610371.8, "trend": 84.006832, "fair_value": 82.47053, "relative_strength": -1.987531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 17.676975, "energy": 22.865722, "activity_lines": [ 84.297341, 82.980406, 82.748425, 82.927976 ] }, { "date": "2025-05-16", "close": 86.63755, "volume": 474812, "typical_volume": 624783.85, "trend": 83.724602, "fair_value": 82.494031, "relative_strength": -1.916379, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.621198, "energy": 41.669153, "activity_lines": [ 85.374086, 83.803667, 83.132991, 83.0977 ] }, { "date": "2025-05-23", "close": 86.544189, "volume": 602637, "typical_volume": 642547.5, "trend": 83.578143, "fair_value": 82.501823, "relative_strength": -0.176463, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.291798, "energy": 50.804819, "activity_lines": [ 85.924906, 84.497921, 83.483425, 83.279609 ] }, { "date": "2025-05-30", "close": 90.465286, "volume": 969695, "typical_volume": 667258.35, "trend": 83.637867, "fair_value": 82.545328, "relative_strength": 3.970391, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.155843, "energy": 73.62381, "activity_lines": [ 87.586704, 85.786281, 84.182501, 83.723941 ] }, { "date": "2025-06-06", "close": 88.224655, "volume": 567102, "typical_volume": 660551.2, "trend": 83.63498, "fair_value": 82.586053, "relative_strength": 0.645524, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.407096, "energy": 70.43038, "activity_lines": [ 88.059723, 86.500056, 84.615442, 84.019862 ] }, { "date": "2025-06-13", "close": 88.691452, "volume": 461450, "typical_volume": 653768.65, "trend": 83.720113, "fair_value": 82.665028, "relative_strength": 2.616233, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.849469, "energy": 69.623012, "activity_lines": [ 88.498511, 87.177335, 85.072117, 84.346086 ] }, { "date": "2025-06-20", "close": 86.824272, "volume": 992777, "typical_volume": 673519.7, "trend": 83.752065, "fair_value": 82.750921, "relative_strength": 1.545086, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.101184, "energy": 56.081111, "activity_lines": [ 88.06906, 87.370845, 85.318102, 84.546355 ] }, { "date": "2025-06-27", "close": 85.843994, "volume": 603400, "typical_volume": 676424.2, "trend": 83.734735, "fair_value": 82.846395, "relative_strength": -1.110997, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.373143, "energy": 33.082554, "activity_lines": [ 87.300401, 87.24778, 85.463789, 84.681318 ] }, { "date": "2025-07-04", "close": 87.226112, "volume": 718225, "typical_volume": 680082.0, "trend": 83.82084, "fair_value": 82.939313, "relative_strength": 0.29563, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.640593, "energy": 25.123622, "activity_lines": [ 87.039127, 87.335271, 85.742936, 84.906568 ] }, { "date": "2025-07-11", "close": 85.687393, "volume": 523305, "typical_volume": 679314.25, "trend": 83.971894, "fair_value": 83.022887, "relative_strength": -3.244821, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.005806, "energy": 20.013786, "activity_lines": [ 86.480893, 87.08137, 85.871216, 85.026991 ] }, { "date": "2025-07-18", "close": 84.629532, "volume": 571777, "typical_volume": 671951.95, "trend": 84.092214, "fair_value": 83.05272, "relative_strength": -4.409118, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.211914, "energy": 18.418477, "activity_lines": [ 85.739189, 86.629491, 85.887089, 85.069419 ] }, { "date": "2025-07-25", "close": 84.485275, "volume": 656578, "typical_volume": 649473.1, "trend": 84.197159, "fair_value": 83.075401, "relative_strength": -4.724015, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.987095, "energy": 15.091049, "activity_lines": [ 85.220193, 86.158188, 85.876779, 85.094778 ] }, { "date": "2025-08-01", "close": 82.321449, "volume": 576218, "typical_volume": 649471.25, "trend": 84.229975, "fair_value": 83.102892, "relative_strength": -3.497004, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.359325, "energy": 25.064602, "activity_lines": [ 84.135856, 85.332594, 85.641298, 84.973764 ] }, { "date": "2025-08-08", "close": 85.302711, "volume": 538221, "typical_volume": 642301.9, "trend": 84.42708, "fair_value": 83.130814, "relative_strength": -2.435118, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.434475, "energy": 18.142634, "activity_lines": [ 84.280109, 85.125824, 85.678735, 85.042973 ] }, { "date": "2025-08-15", "close": 83.715919, "volume": 338731, "typical_volume": 625808.1, "trend": 84.421842, "fair_value": 83.182032, "relative_strength": -6.267609, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.399059, "energy": 19.975439, "activity_lines": [ 84.023658, 84.724413, 85.545842, 84.997092 ] }, { "date": "2025-08-22", "close": 84.292938, "volume": 379690, "typical_volume": 601072.05, "trend": 84.505279, "fair_value": 83.253554, "relative_strength": -5.982731, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.422981, "energy": 21.400052, "activity_lines": [ 84.090978, 84.50989, 85.457587, 84.988775 ] }, { "date": "2025-08-29", "close": 80.638474, "volume": 971985, "typical_volume": 594416.9, "trend": 84.347643, "fair_value": 83.304244, "relative_strength": -6.74166, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.920928, "energy": 35.543296, "activity_lines": [ 82.962583, 83.710893, 85.004445, 84.739304 ] }, { "date": "2025-09-05", "close": 80.542305, "volume": 531644, "typical_volume": 601340.45, "trend": 84.158119, "fair_value": 83.342642, "relative_strength": -6.126671, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.532008, "energy": 46.721379, "activity_lines": [ 82.058586, 83.006879, 84.535368, 84.493798 ] }, { "date": "2025-09-12", "close": 81.215492, "volume": 557369, "typical_volume": 604213.05, "trend": 83.988015, "fair_value": 83.393399, "relative_strength": -6.762027, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.446763, "energy": 50.749959, "activity_lines": [ 81.497593, 82.521658, 84.144981, 84.303951 ] }, { "date": "2025-09-19", "close": 81.359749, "volume": 1280686, "typical_volume": 640372.95, "trend": 83.925372, "fair_value": 83.493337, "relative_strength": -6.521762, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.014023, "energy": 53.46611, "activity_lines": [ 81.257168, 82.171949, 83.780814, 84.134386 ] }, { "date": "2025-09-26", "close": 80.446136, "volume": 558326, "typical_volume": 643731.4, "trend": 83.873035, "fair_value": 83.59157, "relative_strength": -7.447801, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.099909, "energy": 50.269852, "activity_lines": [ 80.869282, 81.734813, 83.348768, 83.909919 ] }, { "date": "2025-10-03", "close": 81.984856, "volume": 706423, "typical_volume": 655311.95, "trend": 83.923336, "fair_value": 83.70226, "relative_strength": -7.782992, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.389752, "energy": 39.86735, "activity_lines": [ 81.250757, 81.653505, 83.084969, 83.788101 ] }, { "date": "2025-10-10", "close": 78.811249, "volume": 712955, "typical_volume": 660827.85, "trend": 83.88341, "fair_value": 83.788456, "relative_strength": -9.135841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.373237, "energy": 47.528045, "activity_lines": [ 80.484604, 81.040641, 82.541077, 83.458289 ] }, { "date": "2025-10-17", "close": 78.811249, "volume": 895605, "typical_volume": 657123.35, "trend": 83.801472, "fair_value": 83.862718, "relative_strength": -11.541034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.28931, "energy": 53.156517, "activity_lines": [ 79.833855, 80.491599, 82.034009, 83.131053 ] }, { "date": "2025-10-24", "close": 79.436348, "volume": 735511, "typical_volume": 665543.8, "trend": 83.731035, "fair_value": 83.905183, "relative_strength": -11.008757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.057881, "energy": 49.655046, "activity_lines": [ 79.551755, 80.174237, 81.64197, 82.849432 ] }, { "date": "2025-10-31", "close": 77.464874, "volume": 722514, "typical_volume": 678597.0, "trend": 83.621334, "fair_value": 83.927487, "relative_strength": -11.719959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.894335, "energy": 71.176556, "activity_lines": [ 78.740724, 79.576236, 81.10402, 82.445163 ] }, { "date": "2025-11-07", "close": 76.791679, "volume": 638463, "typical_volume": 660881.3, "trend": 83.540541, "fair_value": 83.912266, "relative_strength": -10.226644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.527411, "energy": 76.659213, "activity_lines": [ 77.904045, 78.979982, 80.555417, 82.00454 ] }, { "date": "2025-11-14", "close": 77.320618, "volume": 714048, "typical_volume": 666413.7, "trend": 83.331116, "fair_value": 83.911332, "relative_strength": -11.664741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.744246, "energy": 70.86547, "activity_lines": [ 77.589892, 78.549841, 80.104963, 81.603255 ] }, { "date": "2025-11-21", "close": 75.781898, "volume": 559502, "typical_volume": 658477.55, "trend": 83.06262, "fair_value": 83.899498, "relative_strength": -11.015657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.483785, "energy": 75.06751, "activity_lines": [ 76.862206, 77.898509, 79.548551, 81.116209 ] }, { "date": "2025-11-28", "close": 76.839767, "volume": 1061517, "typical_volume": 685388.15, "trend": 82.778039, "fair_value": 83.89626, "relative_strength": -10.931595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.997279, "energy": 64.151074, "activity_lines": [ 76.689101, 77.53831, 79.147385, 80.714734 ] }, { "date": "2025-12-05", "close": 76.455086, "volume": 705305, "typical_volume": 692064.55, "trend": 82.493084, "fair_value": 83.885627, "relative_strength": -10.972076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.07498, "energy": 52.469974, "activity_lines": [ 76.560874, 77.190349, 78.751715, 80.306802 ] }, { "date": "2025-12-12", "close": 76.406998, "volume": 883741, "typical_volume": 703422.7, "trend": 82.152065, "fair_value": 83.887399, "relative_strength": -10.277693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.261126, "energy": 50.702069, "activity_lines": [ 76.483937, 76.90621, 78.390391, 79.914151 ] }, { "date": "2025-12-19", "close": 76.743599, "volume": 940038, "typical_volume": 721613.7, "trend": 81.825379, "fair_value": 83.887956, "relative_strength": -10.516498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.234491, "energy": 45.111878, "activity_lines": [ 76.544845, 76.784687, 78.099591, 79.565218 ] }, { "date": "2025-12-26", "close": 76.599342, "volume": 192032, "typical_volume": 704304.25, "trend": 81.363181, "fair_value": 83.885252, "relative_strength": -9.893423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.528185, "energy": 41.366133, "activity_lines": [ 76.596136, 76.674529, 77.821615, 79.228054 ] }, { "date": "2026-01-02", "close": 77.128273, "volume": 241492, "typical_volume": 699442.3, "trend": 80.993301, "fair_value": 83.856623, "relative_strength": -9.995614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.38609, "energy": 34.020354, "activity_lines": [ 76.769241, 76.700757, 77.635457, 78.954834 ] }, { "date": "2026-01-09", "close": 78.138062, "volume": 695676, "typical_volume": 715241.6, "trend": 80.641522, "fair_value": 83.796587, "relative_strength": -10.41632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.437346, "energy": 25.137014, "activity_lines": [ 77.259708, 76.952547, 77.57684, 78.770625 ] }, { "date": "2026-01-16", "close": 76.599342, "volume": 721975, "typical_volume": 702741.1, "trend": 80.300691, "fair_value": 83.731876, "relative_strength": -10.819872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.83677, "energy": 24.627657, "activity_lines": [ 77.125071, 76.912331, 77.400986, 78.50984 ] }, { "date": "2026-01-23", "close": 74.098923, "volume": 708781, "typical_volume": 711597.95, "trend": 79.909188, "fair_value": 83.635571, "relative_strength": -12.305783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.332631, "energy": 40.880121, "activity_lines": [ 76.144137, 76.42099, 77.006232, 78.109726 ] }, { "date": "2026-01-30", "close": 74.483597, "volume": 776208, "typical_volume": 722539.9, "trend": 79.484438, "fair_value": 83.52824, "relative_strength": -11.413194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.123668, "energy": 44.988315, "activity_lines": [ 75.46774, 76.058166, 76.678795, 77.759687 ] }, { "date": "2026-02-06", "close": 75.781898, "volume": 850243, "typical_volume": 701017.75, "trend": 79.154255, "fair_value": 83.443241, "relative_strength": -11.2005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.102145, "energy": 46.798368, "activity_lines": [ 75.36516, 75.955002, 76.507064, 77.520814 ] }, { "date": "2026-02-13", "close": 71.454254, "volume": 1356799, "typical_volume": 740941.4, "trend": 78.715079, "fair_value": 83.329983, "relative_strength": -16.348025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.155789, "energy": 72.526399, "activity_lines": [ 73.909789, 75.084228, 75.949736, 77.02404 ] }, { "date": "2026-02-20", "close": 72.992973, "volume": 895265, "typical_volume": 750383.5, "trend": 78.332002, "fair_value": 83.242673, "relative_strength": -16.335156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.240109, "energy": 66.03699, "activity_lines": [ 73.412913, 74.584145, 75.581772, 76.654872 ] }, { "date": "2026-02-27", "close": 75.445297, "volume": 1201563, "typical_volume": 774813.9, "trend": 78.102797, "fair_value": 83.160706, "relative_strength": -13.969049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.009319, "energy": 43.323724, "activity_lines": [ 73.973902, 74.592012, 75.490181, 76.468633 ] }, { "date": "2026-03-06", "close": 70.588722, "volume": 951162, "typical_volume": 777591.75, "trend": 77.612331, "fair_value": 83.071805, "relative_strength": -13.417648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.953169, "energy": 63.771302, "activity_lines": [ 72.826275, 73.740472, 74.952088, 75.983853 ] }, { "date": "2026-03-13", "close": 68.75, "volume": 1253377, "typical_volume": 803485.05, "trend": 77.113467, "fair_value": 82.995581, "relative_strength": -14.593895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.432002, "energy": 67.196626, "activity_lines": [ 71.325399, 72.663902, 74.278033, 75.41209 ] }, { "date": "2026-03-20", "close": 67.25, "volume": 1744431, "typical_volume": 854580.9, "trend": 76.545369, "fair_value": 82.939789, "relative_strength": -13.559755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.789316, "energy": 77.268177, "activity_lines": [ 69.793316, 71.466937, 73.512008, 74.775738 ] }, { "date": "2026-03-27", "close": 65.349998, "volume": 1291497, "typical_volume": 887232.6, "trend": 76.035753, "fair_value": 82.850545, "relative_strength": -16.109347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.230502, "energy": 89.038007, "activity_lines": [ 67.908182, 70.122482, 72.613673, 74.053456 ] }, { "date": "2026-04-03", "close": 69.75, "volume": 1124830, "typical_volume": 907771.7, "trend": 75.676009, "fair_value": 82.786581, "relative_strength": -13.002546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.316711, "energy": 74.843084, "activity_lines": [ 67.999248, 69.782561, 72.18887, 73.647923 ] }, { "date": "2026-04-10", "close": 70.550003, "volume": 915535, "typical_volume": 925573.35, "trend": 75.320493, "fair_value": 82.716045, "relative_strength": -14.746462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.203772, "energy": 52.121993, "activity_lines": [ 68.736667, 69.667166, 71.876308, 73.317213 ] }, { "date": "2026-04-17", "close": 74.050003, "volume": 1124225, "typical_volume": 928708.75, "trend": 75.076835, "fair_value": 82.666084, "relative_strength": -11.820566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.933593, "energy": 28.261857, "activity_lines": [ 70.643335, 70.259655, 71.921994, 73.235246 ] }, { "date": "2026-04-24", "close": 72.25, "volume": 1147931, "typical_volume": 950840.05, "trend": 74.80363, "fair_value": 82.592618, "relative_strength": -10.754348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.551165, "energy": 23.052545, "activity_lines": [ 71.596668, 70.556359, 71.809535, 73.052869 ] }, { "date": "2026-05-01", "close": 71.849998, "volume": 698886, "typical_volume": 941597.3, "trend": 74.465802, "fair_value": 82.524034, "relative_strength": -10.408012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.474918, "energy": 23.397285, "activity_lines": [ 72.083334, 70.765868, 71.679004, 72.862313 ] }, { "date": "2026-05-08", "close": 72.800003, "volume": 1396269, "typical_volume": 964408.85, "trend": 74.265427, "fair_value": 82.481483, "relative_strength": -8.842661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.573473, "energy": 21.167243, "activity_lines": [ 72.453334, 71.168887, 71.660651, 72.754842 ] }, { "date": "2026-05-15", "close": 71.099998, "volume": 1249552, "typical_volume": 1017284.85, "trend": 74.008385, "fair_value": 82.420854, "relative_strength": -8.815689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.743917, "energy": 16.592697, "activity_lines": [ 72.053333, 71.310909, 71.499171, 72.55062 ] }, { "date": "2026-05-22", "close": 72.349998, "volume": 936736, "typical_volume": 1052047.05, "trend": 73.772173, "fair_value": 82.377014, "relative_strength": -8.670987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.594306, "energy": 10.040604, "activity_lines": [ 72.033332, 71.670909, 71.482927, 72.443628 ] }, { "date": "2026-05-29", "close": 73.449997, "volume": 1088353, "typical_volume": 1071680.9, "trend": 73.638344, "fair_value": 82.321079, "relative_strength": -7.557489, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.673268, "energy": 7.831509, "activity_lines": [ 72.493332, 72.165454, 71.594198, 72.422842 ] }, { "date": "2026-06-05", "close": 68.895325, "volume": 181249, "typical_volume": 1044644.6, "trend": 73.375132, "fair_value": 82.236746, "relative_strength": -13.155766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.063764, "energy": 22.822988, "activity_lines": [ 71.355107, 71.719149, 71.294014, 72.116841 ] }, { "date": "2026-06-12", "close": 70.819778, "volume": 131825, "typical_volume": 1015796.8, "trend": 73.158438, "fair_value": 82.161557, "relative_strength": -11.608769, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.932208, "energy": 18.694688, "activity_lines": [ 71.055345, 71.558285, 71.213798, 71.951979 ] }, { "date": "2026-06-19", "close": 70.434883, "volume": 521240, "typical_volume": 1003048.4, "trend": 72.980204, "fair_value": 82.11395, "relative_strength": -12.281944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.830131, "energy": 26.550913, "activity_lines": [ 70.7593, 71.307989, 71.11254, 71.776266 ] }, { "date": "2026-06-26", "close": 71.252785, "volume": 105408, "typical_volume": 965806.65, "trend": 72.793971, "fair_value": 82.051908, "relative_strength": -10.398267, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.370558, "energy": 28.106979, "activity_lines": [ 70.780229, 71.208496, 71.108457, 71.66482 ] }, { "date": "2026-07-03", "close": 70.050003, "volume": 155470, "typical_volume": 905740.2, "trend": 72.580468, "fair_value": 81.984342, "relative_strength": -12.637164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.952015, "energy": 35.771419, "activity_lines": [ 70.473379, 70.941173, 71.01139, 71.48779 ] }, { "date": "2026-07-10", "close": 72.150002, "volume": 1073481, "typical_volume": 914651.0, "trend": 72.438569, "fair_value": 81.906185, "relative_strength": -7.762016, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.171234, "energy": 17.148068, "activity_lines": [ 71.093195, 71.095669, 71.121011, 71.460018 ] }, { "date": "2026-07-17", "close": 74.75, "volume": 876576, "typical_volume": 898401.65, "trend": 72.372115, "fair_value": 81.840867, "relative_strength": -4.071597, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.468646, "energy": 12.650107, "activity_lines": [ 72.362698, 71.717437, 71.482264, 71.609142 ] }, { "date": "2026-07-24", "close": 74.0, "volume": 1226097, "typical_volume": 912148.4, "trend": 72.285471, "fair_value": 81.777302, "relative_strength": -5.03363, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.730292, "energy": 37.216209, "activity_lines": [ 73.120186, 72.167386, 71.7754, 71.714167 ] }, { "date": "2026-07-31", "close": 74.800003, "volume": 991341, "typical_volume": 899046.6, "trend": 72.207862, "fair_value": 81.727338, "relative_strength": -5.141117, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.831435, "energy": 51.123472, "activity_lines": [ 73.906668, 72.710064, 72.128482, 71.876395 ] }, { "date": "2026-08-07", "close": 75.400002, "volume": 902055, "typical_volume": 856927.8, "trend": 72.116593, "fair_value": 81.682314, "relative_strength": -6.172145, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.761222, "energy": 61.739697, "activity_lines": [ 74.656668, 73.317286, 72.509898, 72.082339 ] } ], "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." } } }