{ "ticker": { "uuid": "b8f471f3-e304-49d9-a5c6-cc90b08dce43", "symbol": "688169", "name": "Beijing Roborock Technology Co., Ltd.", "exchange": "SHH", "country": "CN", "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": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -36.662, "architecture_energy": 21.946, "architecture_maturity": 100.0, "architecture_confidence": 77.49, "architecture_tenure": "Extended", "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": 42.33, "rotation_up": 27.05, "upward_expansion": 15.0, "deceleration": 46.94, "rotation_down": 25.71, "downward_expansion": 60.33 }, "activity_lines": [ 104.424424, 101.757429, 105.32159, 110.952944 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 106.620003, "trend_reference": 120.939984, "distance_from_trend": -0.118406, "trend_direction": "Weakening", "fair_value": 156.200725, "distance_from_fair_value": -0.317417, "fair_value_direction": "Weakening", "relative_strength": -26.760501, "relative_strength_direction": "Improving", "price_momentum": -0.252367, "excess_performance": -0.209163, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.118406, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.134635, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.317417, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.087899, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.267605, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.04209, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.252367, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.021399, "read": "Demand-led" } ], "volume": { "latest": 26908438, "relative_activity": 0.990382, "balance": 1.021399, "dry_up": 1.325314, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.104615, "annualized_volatility": 0.464493, "from_high_reference": -0.519946, "from_low_reference": 0.170037 }, "levels": { "trend_reference": 120.939984, "fair_value_reference": 156.200725, "structural_low": 91.125343, "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": 30, "median_return": 0.012237, "positive_rate": 0.533333, "directional_follow_through": 0.466667, "median_excess_return": -0.007101, "regime_survival": 0.8, "best_return": 0.270441, "worst_return": -0.164726, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.024405, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.003247, "regime_survival": 0.6, "best_return": 0.469895, "worst_return": -0.319408, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.095947, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.164966, "regime_survival": 0.5, "best_return": 0.371582, "worst_return": -0.396496, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.259393, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.136423, "regime_survival": 0.333333, "best_return": 0.535211, "worst_return": -0.518589, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-18", "tenure": "New", "return": -0.050806, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.156272, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.070303, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-01-24", "tenure": "Developing", "return": 0.061911, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.121552, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.160956, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": -0.046646, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.093513, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": 0.05715, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.199808, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-17", "tenure": "Developing", "return": -0.194937, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": -0.171191, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2026-01-02", "tenure": "Developing", "return": -0.069514, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-08-07", "tenure": "Extended", "return": -0.34785, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 138.101471, "volume": 11150907, "typical_volume": 11074975.2, "trend": 115.2564, "fair_value": 177.075498, "relative_strength": 24.373116, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.320449, "energy": 67.098883, "activity_lines": [ 127.255913, 120.562683, 116.812788, 116.927456 ] }, { "date": "2023-08-04", "close": 132.727341, "volume": 9116645, "typical_volume": 10954359.4, "trend": 116.778513, "fair_value": 177.319319, "relative_strength": 18.805531, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.903473, "energy": 70.277342, "activity_lines": [ 130.283016, 123.459141, 118.359251, 118.054613 ] }, { "date": "2023-08-11", "close": 129.558197, "volume": 8614257, "typical_volume": 10701422.1, "trend": 117.923107, "fair_value": 177.547425, "relative_strength": 19.198912, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.961081, "energy": 67.684044, "activity_lines": [ 130.918108, 125.329382, 119.535799, 118.879109 ] }, { "date": "2023-08-18", "close": 131.145218, "volume": 8776985, "typical_volume": 10585868.8, "trend": 118.805966, "fair_value": 177.763026, "relative_strength": 22.490659, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.227199, "energy": 63.332723, "activity_lines": [ 131.461319, 127.209068, 120.866551, 119.732149 ] }, { "date": "2023-08-25", "close": 125.004745, "volume": 7306207, "typical_volume": 10432075.5, "trend": 119.454388, "fair_value": 177.918072, "relative_strength": 19.21227, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.938403, "energy": 37.065746, "activity_lines": [ 129.455689, 127.723449, 121.598794, 120.13207 ] }, { "date": "2023-09-01", "close": 147.579178, "volume": 22047400, "typical_volume": 11123992.75, "trend": 120.427264, "fair_value": 178.171305, "relative_strength": 36.856086, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.159412, "energy": 47.534216, "activity_lines": [ 134.879617, 132.038297, 124.459253, 121.946572 ] }, { "date": "2023-09-08", "close": 150.580185, "volume": 13158277, "typical_volume": 11305390.05, "trend": 121.258631, "fair_value": 178.479901, "relative_strength": 39.306823, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.471775, "energy": 65.266487, "activity_lines": [ 140.672034, 136.066607, 127.456333, 123.891922 ] }, { "date": "2023-09-15", "close": 143.119659, "volume": 11888376, "typical_volume": 11265724.65, "trend": 122.223658, "fair_value": 178.761688, "relative_strength": 31.533978, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.869064, "energy": 62.79077, "activity_lines": [ 142.787418, 138.049597, 129.549619, 125.302311 ] }, { "date": "2023-09-22", "close": 139.080399, "volume": 9249667, "typical_volume": 11558234.8, "trend": 122.544719, "fair_value": 178.867927, "relative_strength": 26.427142, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.364657, "energy": 64.881402, "activity_lines": [ 142.652286, 138.882271, 131.083839, 126.389843 ] }, { "date": "2023-09-29", "close": 146.026749, "volume": 8873736, "typical_volume": 11615600.05, "trend": 123.1074, "fair_value": 178.984725, "relative_strength": 32.652531, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.175394, "energy": 61.675, "activity_lines": [ 144.303591, 140.696728, 133.139101, 127.904812 ] }, { "date": "2023-10-13", "close": 146.600266, "volume": 7000070, "typical_volume": 11721163.8, "trend": 124.040383, "fair_value": 178.980648, "relative_strength": 32.900473, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.477928, "energy": 47.090099, "activity_lines": [ 144.744602, 142.207265, 135.078888, 129.420481 ] }, { "date": "2023-10-20", "close": 139.283112, "volume": 5914473, "typical_volume": 11645602.85, "trend": 124.735552, "fair_value": 178.949165, "relative_strength": 29.548969, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.88939, "energy": 39.17523, "activity_lines": [ 142.811822, 142.232887, 136.156374, 130.403883 ] }, { "date": "2023-10-27", "close": 144.251846, "volume": 10204620, "typical_volume": 11667969.4, "trend": 125.203928, "fair_value": 178.916603, "relative_strength": 31.364821, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.262942, "energy": 38.909599, "activity_lines": [ 143.288425, 143.042718, 137.557996, 131.662999 ] }, { "date": "2023-11-03", "close": 151.969467, "volume": 16940601, "typical_volume": 11955442.8, "trend": 125.993985, "fair_value": 178.912592, "relative_strength": 36.21941, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.936208, "energy": 43.843522, "activity_lines": [ 146.262089, 144.988597, 139.55156, 133.389808 ] }, { "date": "2023-11-10", "close": 153.156036, "volume": 11752909, "typical_volume": 11811593.1, "trend": 127.084464, "fair_value": 178.83073, "relative_strength": 35.303929, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.629627, "energy": 45.500543, "activity_lines": [ 148.772005, 146.771592, 141.493792, 135.142198 ] }, { "date": "2023-11-17", "close": 149.853424, "volume": 7244496, "typical_volume": 11775755.1, "trend": 128.204603, "fair_value": 178.832734, "relative_strength": 30.370108, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.873043, "energy": 44.531041, "activity_lines": [ 149.705765, 147.442271, 142.907822, 136.611163 ] }, { "date": "2023-11-24", "close": 145.186493, "volume": 6563974, "typical_volume": 11050094.1, "trend": 129.377686, "fair_value": 178.466669, "relative_strength": 25.657264, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.626036, "energy": 40.605749, "activity_lines": [ 148.867003, 147.223067, 143.648603, 137.706769 ] }, { "date": "2023-12-01", "close": 140.093552, "volume": 12420174, "typical_volume": 10772949.7, "trend": 130.497441, "fair_value": 177.940163, "relative_strength": 20.615507, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.053829, "energy": 26.472174, "activity_lines": [ 145.937036, 146.175941, 143.74961, 138.398116 ] }, { "date": "2023-12-08", "close": 141.819305, "volume": 12931991, "typical_volume": 10543427.45, "trend": 131.572341, "fair_value": 177.463224, "relative_strength": 23.43772, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.289956, "energy": 18.249195, "activity_lines": [ 143.85954, 145.497609, 143.920457, 139.128558 ] }, { "date": "2023-12-15", "close": 132.897934, "volume": 12653470, "typical_volume": 10690461.75, "trend": 132.32538, "fair_value": 176.981622, "relative_strength": 15.848926, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 2.553712, "energy": 12.01202, "activity_lines": [ 139.48493, 143.14741, 143.154962, 139.21408 ] }, { "date": "2023-12-22", "close": 137.237122, "volume": 7980787, "typical_volume": 10531955.75, "trend": 133.171282, "fair_value": 176.612702, "relative_strength": 19.722628, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.749252, "energy": 17.51159, "activity_lines": [ 137.907257, 141.824861, 142.758333, 139.530967 ] }, { "date": "2023-12-29", "close": 140.316711, "volume": 7523294, "typical_volume": 10452288.2, "trend": 134.249277, "fair_value": 176.094015, "relative_strength": 18.905451, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.269915, "energy": 15.569441, "activity_lines": [ 138.1972, 141.232476, 142.659113, 139.991962 ] }, { "date": "2024-01-05", "close": 135.367538, "volume": 6714291, "typical_volume": 10357289.9, "trend": 134.954612, "fair_value": 175.477597, "relative_strength": 15.5933, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.446595, "energy": 14.147061, "activity_lines": [ 137.162072, 139.721448, 142.052405, 140.064108 ] }, { "date": "2024-01-12", "close": 142.459015, "volume": 8969084, "typical_volume": 10366894.85, "trend": 135.787975, "fair_value": 174.76503, "relative_strength": 22.390388, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.325513, "energy": 9.503902, "activity_lines": [ 138.805836, 139.661313, 142.093411, 140.548263 ] }, { "date": "2024-01-19", "close": 148.484268, "volume": 11341482, "typical_volume": 10568658.6, "trend": 137.127913, "fair_value": 174.06769, "relative_strength": 28.443254, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.424226, "energy": 19.060361, "activity_lines": [ 142.415371, 140.869596, 142.654376, 141.367379 ] }, { "date": "2024-01-26", "close": 148.821487, "volume": 14444374, "typical_volume": 10188507.3, "trend": 138.69498, "fair_value": 173.367162, "relative_strength": 24.211232, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.812071, "energy": 24.347828, "activity_lines": [ 145.098223, 142.224133, 143.13565, 142.121803 ] }, { "date": "2024-02-02", "close": 146.946976, "volume": 15426099, "typical_volume": 10301898.4, "trend": 139.836783, "fair_value": 172.772797, "relative_strength": 29.436514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.184917, "energy": 29.462075, "activity_lines": [ 146.383947, 143.256611, 143.432483, 142.65419 ] }, { "date": "2024-02-09", "close": 161.124924, "volume": 21057286, "typical_volume": 10760343.9, "trend": 141.199451, "fair_value": 171.989838, "relative_strength": 33.966809, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.673833, "energy": 60.23228, "activity_lines": [ 151.953636, 146.83489, 145.096898, 144.027618 ] }, { "date": "2024-02-23", "close": 157.043625, "volume": 17151512, "typical_volume": 11155436.15, "trend": 142.313739, "fair_value": 171.016224, "relative_strength": 23.755617, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.804651, "energy": 62.340627, "activity_lines": [ 154.445733, 149.288726, 146.286878, 145.049823 ] }, { "date": "2024-03-01", "close": 160.673645, "volume": 15182801, "typical_volume": 11470889.4, "trend": 143.55033, "fair_value": 170.116984, "relative_strength": 24.686985, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.441802, "energy": 66.101233, "activity_lines": [ 157.175529, 152.12576, 147.737036, 146.234333 ] }, { "date": "2024-03-08", "close": 163.996216, "volume": 12964087, "typical_volume": 11769090.25, "trend": 144.413488, "fair_value": 169.393953, "relative_strength": 25.664446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.775171, "energy": 70.16198, "activity_lines": [ 160.200224, 155.061884, 149.433881, 147.553423 ] }, { "date": "2024-03-15", "close": 162.091949, "volume": 11727675, "typical_volume": 12059750.35, "trend": 145.392308, "fair_value": 168.596431, "relative_strength": 23.067029, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.288679, "energy": 59.984659, "activity_lines": [ 161.578515, 157.165249, 150.86653, 148.693969 ] }, { "date": "2024-03-22", "close": 161.804321, "volume": 12340236, "typical_volume": 12166531.15, "trend": 146.467179, "fair_value": 167.860963, "relative_strength": 22.222707, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.441768, "energy": 52.991173, "activity_lines": [ 161.851264, 158.820405, 152.163172, 149.752808 ] }, { "date": "2024-03-29", "close": 169.882629, "volume": 11873504, "typical_volume": 11913176.3, "trend": 147.758426, "fair_value": 167.372099, "relative_strength": 27.517693, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.506088, "energy": 55.767808, "activity_lines": [ 164.77149, 161.463675, 154.145594, 151.263482 ] }, { "date": "2024-04-05", "close": 167.586594, "volume": 7475089, "typical_volume": 11699285.3, "trend": 149.177821, "fair_value": 166.783076, "relative_strength": 23.840514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.085282, "energy": 45.652547, "activity_lines": [ 166.070438, 163.190874, 155.824045, 152.542719 ] }, { "date": "2024-04-12", "close": 172.575409, "volume": 15469361, "typical_volume": 12110528.55, "trend": 150.011029, "fair_value": 166.268354, "relative_strength": 28.623536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.838761, "energy": 50.299355, "activity_lines": [ 168.57146, 165.477814, 157.908904, 154.052241 ] }, { "date": "2024-04-19", "close": 186.04422, "volume": 15495082, "typical_volume": 12557083.95, "trend": 151.193163, "fair_value": 165.874513, "relative_strength": 35.157726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.487613, "energy": 71.285392, "activity_lines": [ 174.99014, 169.78174, 161.168308, 156.376963 ] }, { "date": "2024-04-26", "close": 189.585007, "volume": 11189410, "typical_volume": 12495545.75, "trend": 152.742008, "fair_value": 165.362258, "relative_strength": 35.150649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.737925, "energy": 77.763277, "activity_lines": [ 180.992264, 174.018586, 164.570368, 158.853856 ] }, { "date": "2024-05-03", "close": 210.770126, "volume": 8339342, "typical_volume": 12265913.3, "trend": 155.131666, "fair_value": 164.874572, "relative_strength": 47.313483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.526937, "energy": 92.123355, "activity_lines": [ 192.204049, 181.589816, 169.754385, 162.597606 ] }, { "date": "2024-05-10", "close": 229.753403, "volume": 15122881, "typical_volume": 12389383.85, "trend": 157.922554, "fair_value": 164.659301, "relative_strength": 55.405287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.41994, "energy": 96.970437, "activity_lines": [ 207.017759, 191.635705, 176.417997, 167.411911 ] }, { "date": "2024-05-17", "close": 212.545456, "volume": 18330458, "typical_volume": 12906867.4, "trend": 160.120727, "fair_value": 164.355282, "relative_strength": 41.780807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.439412, "energy": 88.781441, "activity_lines": [ 211.951034, 197.296881, 180.981539, 170.935969 ] }, { "date": "2024-05-24", "close": 210.710617, "volume": 12754196, "typical_volume": 13168412.5, "trend": 162.501644, "fair_value": 163.88887, "relative_strength": 41.545455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.06757, "energy": 87.619182, "activity_lines": [ 213.608025, 201.741737, 185.011724, 174.199833 ] }, { "date": "2024-05-31", "close": 206.723526, "volume": 12300689, "typical_volume": 13447732.4, "trend": 164.584033, "fair_value": 162.962224, "relative_strength": 37.158905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.019357, "energy": 77.966893, "activity_lines": [ 212.29156, 204.577691, 188.326977, 177.052858 ] }, { "date": "2024-06-07", "close": 204.53656, "volume": 13793250, "typical_volume": 13688940.7, "trend": 166.33627, "fair_value": 162.280275, "relative_strength": 35.504573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.818121, "energy": 56.354224, "activity_lines": [ 209.103538, 206.199302, 191.094157, 179.63044 ] }, { "date": "2024-06-14", "close": 199.324585, "volume": 15222437, "typical_volume": 13882988.45, "trend": 167.875221, "fair_value": 161.542574, "relative_strength": 31.313329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.953197, "energy": 42.601728, "activity_lines": [ 204.593762, 206.24321, 193.069351, 181.758719 ] }, { "date": "2024-06-21", "close": 204.948181, "volume": 11631214, "typical_volume": 13742330.45, "trend": 169.711713, "fair_value": 160.849658, "relative_strength": 34.912367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.110044, "energy": 36.056614, "activity_lines": [ 203.987106, 206.732535, 195.338029, 184.150523 ] }, { "date": "2024-06-28", "close": 194.692825, "volume": 11016744, "typical_volume": 13521862.7, "trend": 171.361924, "fair_value": 160.019966, "relative_strength": 27.909765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.730745, "energy": 27.025501, "activity_lines": [ 200.468483, 204.768655, 196.362736, 185.762207 ] }, { "date": "2024-07-05", "close": 187.854279, "volume": 9220266, "typical_volume": 12930011.7, "trend": 172.953948, "fair_value": 159.304543, "relative_strength": 22.683163, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.969148, "energy": 22.510679, "activity_lines": [ 195.738198, 201.404155, 196.508792, 186.82623 ] }, { "date": "2024-07-12", "close": 186.76825, "volume": 11739600, "typical_volume": 12659416.1, "trend": 174.452247, "fair_value": 158.229392, "relative_strength": 19.868451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.689614, "energy": 20.253718, "activity_lines": [ 191.903853, 197.873663, 196.424134, 187.717475 ] }, { "date": "2024-07-19", "close": 164.953323, "volume": 19711485, "typical_volume": 12885850.3, "trend": 175.52076, "fair_value": 157.014322, "relative_strength": 4.796554, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -17.653435, "energy": 28.026698, "activity_lines": [ 181.982419, 190.813218, 194.120318, 187.104642 ] }, { "date": "2024-07-26", "close": 147.799927, "volume": 16354383, "typical_volume": 13055365.1, "trend": 175.872853, "fair_value": 155.91917, "relative_strength": -3.586822, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.033191, "energy": 49.797117, "activity_lines": [ 168.634604, 181.812158, 190.162466, 185.316201 ] }, { "date": "2024-08-02", "close": 145.25592, "volume": 18229142, "typical_volume": 13380438.45, "trend": 176.037493, "fair_value": 154.932405, "relative_strength": -6.091433, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.962301, "energy": 72.43265, "activity_lines": [ 158.24867, 173.525742, 186.039453, 183.340915 ] }, { "date": "2024-08-09", "close": 144.1147, "volume": 13966913, "typical_volume": 13461772.3, "trend": 176.329065, "fair_value": 154.094704, "relative_strength": -5.703931, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.504229, "energy": 75.844119, "activity_lines": [ 150.778124, 166.221917, 181.887923, 181.28138 ] }, { "date": "2024-08-16", "close": 148.491302, "volume": 14376279, "typical_volume": 13586911.05, "trend": 176.530142, "fair_value": 153.398485, "relative_strength": -3.809969, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.706204, "energy": 77.123908, "activity_lines": [ 147.682416, 160.85218, 178.23745, 179.485395 ] }, { "date": "2024-08-23", "close": 154.445145, "volume": 16389762, "typical_volume": 14032644.7, "trend": 176.728838, "fair_value": 152.601224, "relative_strength": 0.439428, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.233788, "energy": 69.481745, "activity_lines": [ 149.12312, 157.583965, 175.255872, 178.060556 ] }, { "date": "2024-08-30", "close": 160.853714, "volume": 13541985, "typical_volume": 13936275.9, "trend": 177.129912, "fair_value": 151.944249, "relative_strength": 4.505212, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.278804, "energy": 52.1689, "activity_lines": [ 153.400558, 156.296933, 172.947213, 177.036355 ] }, { "date": "2024-09-06", "close": 165.898163, "volume": 13706521, "typical_volume": 13846847.85, "trend": 177.761618, "fair_value": 151.174162, "relative_strength": 10.010639, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -45.952765, "energy": 35.714717, "activity_lines": [ 158.489227, 156.728792, 171.174794, 176.311726 ] }, { "date": "2024-09-13", "close": 168.406174, "volume": 12219284, "typical_volume": 13898341.55, "trend": 178.004326, "fair_value": 150.395111, "relative_strength": 13.61435, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -39.057004, "energy": 23.976936, "activity_lines": [ 163.03775, 158.140193, 169.737168, 175.708149 ] }, { "date": "2024-09-20", "close": 167.930145, "volume": 8731577, "typical_volume": 13917953.3, "trend": 178.36721, "fair_value": 149.471481, "relative_strength": 11.428563, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.728344, "energy": 24.829631, "activity_lines": [ 165.808166, 159.818644, 168.355057, 175.058202 ] }, { "date": "2024-09-27", "close": 164.548248, "volume": 29790010, "typical_volume": 14651309.75, "trend": 178.496364, "fair_value": 148.618321, "relative_strength": -3.466947, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.956098, "energy": 22.12209, "activity_lines": [ 166.155359, 161.224716, 166.854861, 174.166656 ] }, { "date": "2024-10-04", "close": 197.457886, "volume": 12531478, "typical_volume": 14361360.75, "trend": 179.611753, "fair_value": 148.452002, "relative_strength": 6.64666, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.917866, "energy": 15.278122, "activity_lines": [ 176.798891, 168.621724, 168.799417, 175.38998 ] }, { "date": "2024-10-11", "close": 178.971085, "volume": 51540700, "typical_volume": 16300685.95, "trend": 180.174391, "fair_value": 148.284495, "relative_strength": -0.070826, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.04946, "energy": 16.328241, "activity_lines": [ 178.839878, 171.754623, 169.05517, 175.348646 ] }, { "date": "2024-10-18", "close": 187.425858, "volume": 34189476, "typical_volume": 17395125.3, "trend": 181.028442, "fair_value": 148.306681, "relative_strength": 2.888552, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.05015, "energy": 24.086766, "activity_lines": [ 182.827595, 175.811751, 170.267281, 175.816483 ] }, { "date": "2024-10-25", "close": 188.996017, "volume": 27492808, "typical_volume": 18080103.2, "trend": 181.665555, "fair_value": 148.31013, "relative_strength": 2.178967, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.790158, "energy": 28.751431, "activity_lines": [ 186.070719, 179.366886, 171.720824, 176.33052 ] }, { "date": "2024-11-01", "close": 159.461166, "volume": 45013456, "typical_volume": 19569654.15, "trend": 181.394707, "fair_value": 148.20117, "relative_strength": -13.087164, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -19.676842, "energy": 13.261834, "activity_lines": [ 178.064502, 176.815599, 170.435527, 174.897979 ] }, { "date": "2024-11-08", "close": 155.532196, "volume": 42698885, "typical_volume": 21123037.7, "trend": 180.8266, "fair_value": 148.028734, "relative_strength": -19.514982, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.748595, "energy": 18.543538, "activity_lines": [ 169.087766, 173.458754, 168.965868, 173.22943 ] }, { "date": "2024-11-15", "close": 155.560608, "volume": 31024649, "typical_volume": 22123432.95, "trend": 179.81048, "fair_value": 147.787724, "relative_strength": -16.456064, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.551319, "energy": 27.666272, "activity_lines": [ 162.915548, 170.203829, 167.734229, 171.599366 ] }, { "date": "2024-11-22", "close": 144.597839, "volume": 18084191, "typical_volume": 22566629.2, "trend": 178.310907, "fair_value": 147.266605, "relative_strength": -20.702457, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.216058, "energy": 43.58555, "activity_lines": [ 154.649771, 165.14363, 165.644861, 169.327583 ] }, { "date": "2024-11-29", "close": 152.398956, "volume": 24215034, "typical_volume": 23190400.9, "trend": 176.365202, "fair_value": 146.803446, "relative_strength": -17.858702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.879551, "energy": 52.754428, "activity_lines": [ 151.839568, 161.934693, 164.504439, 167.655844 ] }, { "date": "2024-12-06", "close": 160.569534, "volume": 20934075, "typical_volume": 23251530.4, "trend": 174.059073, "fair_value": 146.331859, "relative_strength": -15.456221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.16627, "energy": 48.420041, "activity_lines": [ 154.192695, 160.493702, 164.305831, 166.636768 ] }, { "date": "2024-12-13", "close": 158.523331, "volume": 32748130, "typical_volume": 24071217.75, "trend": 172.258335, "fair_value": 145.959961, "relative_strength": -16.203927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.036778, "energy": 33.259305, "activity_lines": [ 155.789863, 158.753014, 163.933221, 165.634462 ] }, { "date": "2024-12-20", "close": 153.478897, "volume": 19032727, "typical_volume": 24111397.0, "trend": 170.350611, "fair_value": 145.532526, "relative_strength": -18.308331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.430442, "energy": 26.236604, "activity_lines": [ 155.506144, 156.803057, 163.029126, 164.422886 ] }, { "date": "2024-12-27", "close": 149.926468, "volume": 15330188, "typical_volume": 24179560.75, "trend": 168.457376, "fair_value": 145.136706, "relative_strength": -20.870375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.401046, "energy": 26.840201, "activity_lines": [ 154.177063, 154.670699, 161.747547, 163.105199 ] }, { "date": "2025-01-03", "close": 160.654785, "volume": 22006384, "typical_volume": 24561066.0, "trend": 166.99465, "fair_value": 144.990483, "relative_strength": -10.313992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.189662, "energy": 20.350344, "activity_lines": [ 156.068846, 155.17075, 161.460037, 162.601806 ] }, { "date": "2025-01-10", "close": 159.00647, "volume": 27706933, "typical_volume": 25126924.55, "trend": 165.650713, "fair_value": 144.702518, "relative_strength": -10.155125, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.914008, "energy": 20.09488, "activity_lines": [ 156.860801, 155.886404, 160.957624, 162.08644 ] }, { "date": "2025-01-17", "close": 168.455917, "volume": 19625793, "typical_volume": 25431114.95, "trend": 164.434304, "fair_value": 144.480023, "relative_strength": -7.048961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.969461, "energy": 10.978338, "activity_lines": [ 160.906777, 158.328405, 161.333437, 162.267421 ] }, { "date": "2025-01-24", "close": 161.834183, "volume": 18266119, "typical_volume": 25659094.85, "trend": 163.339016, "fair_value": 144.264364, "relative_strength": -10.917513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.845596, "energy": 16.129396, "activity_lines": [ 162.083335, 159.331478, 161.042408, 162.099671 ] }, { "date": "2025-01-31", "close": 162.551788, "volume": 3835157, "typical_volume": 25239888.5, "trend": 162.4956, "fair_value": 144.005495, "relative_strength": -10.431892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.581304, "energy": 10.304094, "activity_lines": [ 162.942077, 160.35096, 160.839075, 162.048882 ] }, { "date": "2025-02-07", "close": 168.406174, "volume": 16618958, "typical_volume": 25634257.55, "trend": 161.883531, "fair_value": 143.727622, "relative_strength": -8.606913, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.997928, "energy": 20.081462, "activity_lines": [ 164.910592, 162.10844, 161.22118, 162.430209 ] }, { "date": "2025-02-14", "close": 182.310364, "volume": 26356245, "typical_volume": 25462569.3, "trend": 162.462099, "fair_value": 143.557552, "relative_strength": -2.275214, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.394399, "energy": 51.743682, "activity_lines": [ 170.997078, 166.102915, 162.925227, 163.74807 ] }, { "date": "2025-02-21", "close": 191.397461, "volume": 31720528, "typical_volume": 26422021.8, "trend": 163.91535, "fair_value": 143.32867, "relative_strength": 1.459147, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.798865, "energy": 68.545859, "activity_lines": [ 178.559003, 171.354301, 165.41013, 165.614867 ] }, { "date": "2025-02-28", "close": 169.805817, "volume": 29055757, "typical_volume": 25297774.65, "trend": 164.73368, "fair_value": 142.998695, "relative_strength": -8.347074, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.894427, "energy": 56.930857, "activity_lines": [ 177.394277, 172.082222, 165.867546, 165.994897 ] }, { "date": "2025-03-07", "close": 172.548309, "volume": 22830979, "typical_volume": 24729849.8, "trend": 165.681467, "fair_value": 142.808706, "relative_strength": -8.208401, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.078758, "energy": 55.156299, "activity_lines": [ 176.612273, 173.011925, 166.629795, 166.499067 ] }, { "date": "2025-03-14", "close": 175.631805, "volume": 19771362, "typical_volume": 24343777.5, "trend": 166.58615, "fair_value": 142.700758, "relative_strength": -7.798479, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.950021, "energy": 37.205202, "activity_lines": [ 176.191667, 174.090957, 167.756556, 167.141024 ] }, { "date": "2025-03-21", "close": 177.621155, "volume": 20472217, "typical_volume": 23116715.55, "trend": 167.358684, "fair_value": 142.800901, "relative_strength": -5.227704, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.815782, "energy": 27.481573, "activity_lines": [ 175.952468, 175.25938, 169.136418, 167.85296 ] }, { "date": "2025-03-28", "close": 174.963943, "volume": 14604702, "typical_volume": 21712006.4, "trend": 167.829025, "fair_value": 142.96787, "relative_strength": -6.150389, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.822385, "energy": 22.362099, "activity_lines": [ 175.140146, 175.606225, 170.176736, 168.343622 ] }, { "date": "2025-04-04", "close": 160.590836, "volume": 15949659, "typical_volume": 20958256.9, "trend": 167.652114, "fair_value": 143.170711, "relative_strength": -13.424363, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.974611, "energy": 10.520051, "activity_lines": [ 170.632356, 173.22145, 169.755655, 167.876642 ] }, { "date": "2025-04-11", "close": 135.560471, "volume": 39144721, "typical_volume": 22011283.4, "trend": 166.557257, "fair_value": 143.212445, "relative_strength": -24.174495, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.751828, "energy": 32.181066, "activity_lines": [ 158.395443, 166.308305, 166.926776, 165.806213 ] }, { "date": "2025-04-18", "close": 129.237152, "volume": 17497608, "typical_volume": 21675412.1, "trend": 165.267491, "fair_value": 143.12644, "relative_strength": -28.028032, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.354267, "energy": 69.734703, "activity_lines": [ 146.516613, 158.736218, 163.538711, 163.398465 ] }, { "date": "2025-04-25", "close": 135.901505, "volume": 17156368, "typical_volume": 21486526.75, "trend": 164.312599, "fair_value": 143.091076, "relative_strength": -24.20204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.612721, "energy": 77.495852, "activity_lines": [ 139.952211, 153.087995, 160.895641, 161.503885 ] }, { "date": "2025-05-02", "close": 137.464569, "volume": 11330400, "typical_volume": 20415640.25, "trend": 162.312822, "fair_value": 143.078869, "relative_strength": -22.241983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.377644, "energy": 77.526516, "activity_lines": [ 136.69014, 148.567763, 158.518901, 159.771754 ] }, { "date": "2025-05-09", "close": 144.512589, "volume": 12685521, "typical_volume": 20098279.95, "trend": 161.164205, "fair_value": 143.178612, "relative_strength": -18.939809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.100822, "energy": 72.68424, "activity_lines": [ 138.277367, 146.309587, 156.91368, 158.623352 ] }, { "date": "2025-05-16", "close": 154.885651, "volume": 18003897, "typical_volume": 20231965.4, "trend": 160.079532, "fair_value": 143.252253, "relative_strength": -13.108115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.817463, "energy": 40.513264, "activity_lines": [ 144.394165, 146.397299, 156.339067, 158.218284 ] }, { "date": "2025-05-23", "close": 172.654861, "volume": 18862473, "typical_volume": 20074769.85, "trend": 159.534827, "fair_value": 143.443766, "relative_strength": -1.994332, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.3536, "energy": 13.456442, "activity_lines": [ 155.145688, 150.036916, 157.433145, 159.029595 ] }, { "date": "2025-05-30", "close": 161.621048, "volume": 13978602, "typical_volume": 19388353.3, "trend": 159.606823, "fair_value": 143.572519, "relative_strength": -7.602139, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.46169, "energy": 23.590069, "activity_lines": [ 159.324759, 151.724512, 157.41924, 159.16419 ] }, { "date": "2025-06-06", "close": 158.22493, "volume": 8749269, "typical_volume": 18844527.1, "trend": 159.696581, "fair_value": 143.636299, "relative_strength": -9.882487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -1.031519, "energy": 19.471055, "activity_lines": [ 160.657154, 153.085542, 157.069444, 159.075036 ] }, { "date": "2025-06-13", "close": 151.226669, "volume": 10960410, "typical_volume": 18479241.65, "trend": 159.552116, "fair_value": 143.615297, "relative_strength": -12.979261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.285817, "energy": 23.095933, "activity_lines": [ 158.272772, 153.478507, 156.101867, 158.52859 ] }, { "date": "2025-06-20", "close": 148.164459, "volume": 8989371, "typical_volume": 18736952.35, "trend": 159.671003, "fair_value": 143.659438, "relative_strength": -13.523401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.700319, "energy": 17.305982, "activity_lines": [ 154.420048, 153.484964, 154.893163, 157.793902 ] }, { "date": "2025-06-27", "close": 156.179993, "volume": 21560867, "typical_volume": 18984047.8, "trend": 159.797038, "fair_value": 143.633338, "relative_strength": -9.877928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.15718, "energy": 17.125113, "activity_lines": [ 153.687248, 154.719628, 154.516354, 157.568676 ] }, { "date": "2025-07-04", "close": 156.179993, "volume": 11431170, "typical_volume": 18237794.05, "trend": 159.65072, "fair_value": 143.531489, "relative_strength": -10.490021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.144621, "energy": 18.507074, "activity_lines": [ 154.052772, 155.464422, 154.197764, 157.335318 ] }, { "date": "2025-07-11", "close": 148.610001, "volume": 12427636, "typical_volume": 17273149.45, "trend": 159.320275, "fair_value": 143.407053, "relative_strength": -15.080228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.727781, "energy": 27.474626, "activity_lines": [ 152.257703, 154.464153, 153.282654, 156.623014 ] }, { "date": "2025-07-18", "close": 163.080002, "volume": 24497411, "typical_volume": 17045232.15, "trend": 159.640312, "fair_value": 143.426784, "relative_strength": -7.123965, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.075557, "energy": 6.006548, "activity_lines": [ 155.926963, 155.89215, 153.949389, 156.865577 ] }, { "date": "2025-07-25", "close": 166.0, "volume": 16218309, "typical_volume": 16714598.65, "trend": 160.176097, "fair_value": 143.518995, "relative_strength": -6.839731, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.967104, "energy": 15.927451, "activity_lines": [ 159.779333, 157.513466, 154.926246, 157.275879 ] }, { "date": "2025-08-01", "close": 172.399994, "volume": 21367836, "typical_volume": 16794422.35, "trend": 160.567604, "fair_value": 143.761391, "relative_strength": -2.272578, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.225788, "energy": 41.20735, "activity_lines": [ 164.575998, 160.096339, 156.543809, 158.064518 ] }, { "date": "2025-08-08", "close": 177.020004, "volume": 14888683, "typical_volume": 16515245.65, "trend": 161.168055, "fair_value": 144.112178, "relative_strength": -1.665743, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.078871, "energy": 53.789439, "activity_lines": [ 169.831333, 163.523847, 158.616763, 159.125963 ] }, { "date": "2025-08-15", "close": 182.949997, "volume": 19635373, "typical_volume": 16766779.2, "trend": 161.651191, "fair_value": 144.527695, "relative_strength": 0.014525, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.623046, "energy": 67.035501, "activity_lines": [ 175.673999, 167.749555, 161.25734, 160.53125 ] }, { "date": "2025-08-22", "close": 212.389999, "volume": 35735760, "typical_volume": 17756084.25, "trend": 163.336385, "fair_value": 145.154435, "relative_strength": 12.132675, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.142441, "energy": 93.372481, "activity_lines": [ 189.040666, 176.878443, 166.663699, 163.804721 ] }, { "date": "2025-08-29", "close": 214.889999, "volume": 27829754, "typical_volume": 17190335.9, "trend": 165.080992, "fair_value": 145.778232, "relative_strength": 12.545647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.843392, "energy": 95.779821, "activity_lines": [ 199.953332, 185.349817, 172.061489, 167.130761 ] }, { "date": "2025-09-05", "close": 210.0, "volume": 22294067, "typical_volume": 17430158.85, "trend": 166.467453, "fair_value": 146.308036, "relative_strength": 11.506977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.875484, "energy": 90.527174, "activity_lines": [ 205.976666, 191.718908, 176.615807, 170.028761 ] }, { "date": "2025-09-12", "close": 197.0, "volume": 20257346, "typical_volume": 17585207.75, "trend": 166.957107, "fair_value": 146.798186, "relative_strength": 3.493002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.504396, "energy": 85.868823, "activity_lines": [ 205.159999, 194.745818, 179.547443, 171.998603 ] }, { "date": "2025-09-19", "close": 211.490005, "volume": 22247519, "typical_volume": 18131063.7, "trend": 167.626859, "fair_value": 147.437538, "relative_strength": 12.838898, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.750163, "energy": 67.028525, "activity_lines": [ 207.841335, 199.665091, 183.568136, 174.871693 ] }, { "date": "2025-09-26", "close": 208.610001, "volume": 23748130, "typical_volume": 18684194.15, "trend": 168.920331, "fair_value": 148.068881, "relative_strength": 11.016994, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.099734, "energy": 57.532306, "activity_lines": [ 207.660002, 202.917455, 186.962039, 177.515767 ] }, { "date": "2025-10-03", "close": 209.779999, "volume": 6235279, "typical_volume": 18095763.25, "trend": 170.161388, "fair_value": 148.723831, "relative_strength": 10.290353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.715544, "energy": 53.635813, "activity_lines": [ 208.120668, 205.554728, 190.162146, 180.151875 ] }, { "date": "2025-10-10", "close": 197.789993, "volume": 9445620, "typical_volume": 17624920.6, "trend": 170.899994, "fair_value": 149.333932, "relative_strength": 3.804719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.98587, "energy": 43.108226, "activity_lines": [ 204.925332, 205.215999, 191.958946, 181.934365 ] }, { "date": "2025-10-17", "close": 173.0, "volume": 22003772, "typical_volume": 18026179.1, "trend": 170.745955, "fair_value": 149.842454, "relative_strength": -7.39937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.126509, "energy": 19.28588, "activity_lines": [ 194.280665, 199.908363, 191.275102, 182.069849 ] }, { "date": "2025-10-24", "close": 186.399994, "volume": 17578662, "typical_volume": 18467648.75, "trend": 171.127157, "fair_value": 150.45575, "relative_strength": -2.630849, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.706002, "energy": 24.041718, "activity_lines": [ 189.702663, 197.11018, 191.813263, 183.079787 ] }, { "date": "2025-10-31", "close": 163.399994, "volume": 22711082, "typical_volume": 19055182.35, "trend": 171.220796, "fair_value": 150.916385, "relative_strength": -14.490222, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.815012, "energy": 20.026484, "activity_lines": [ 179.130662, 190.067452, 190.026781, 182.581261 ] }, { "date": "2025-11-07", "close": 154.490005, "volume": 22896789, "typical_volume": 19750553.25, "trend": 171.85178, "fair_value": 151.357276, "relative_strength": -19.813427, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -35.953888, "energy": 40.80528, "activity_lines": [ 168.602665, 182.295453, 187.333761, 181.501855 ] }, { "date": "2025-11-14", "close": 163.419998, "volume": 17032961, "typical_volume": 19524157.95, "trend": 172.991208, "fair_value": 151.888525, "relative_strength": -14.832764, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.57046, "energy": 40.429568, "activity_lines": [ 164.737332, 177.245271, 185.461094, 180.957869 ] }, { "date": "2025-11-21", "close": 159.199997, "volume": 12591780, "typical_volume": 19582188.45, "trend": 173.767825, "fair_value": 152.33769, "relative_strength": -13.570765, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.433203, "energy": 58.036851, "activity_lines": [ 161.756665, 172.274725, 183.152046, 180.068113 ] }, { "date": "2025-11-28", "close": 152.179993, "volume": 13985057, "typical_volume": 19660059.5, "trend": 174.258339, "fair_value": 152.741021, "relative_strength": -18.304461, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.041802, "energy": 63.669575, "activity_lines": [ 157.355997, 166.715088, 180.160046, 178.67535 ] }, { "date": "2025-12-05", "close": 162.229996, "volume": 16291526, "typical_volume": 19249765.25, "trend": 174.848919, "fair_value": 153.19107, "relative_strength": -13.030814, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.926975, "energy": 46.759068, "activity_lines": [ 158.586663, 164.061088, 178.108188, 177.899328 ] }, { "date": "2025-12-12", "close": 157.610001, "volume": 17930293, "typical_volume": 19335364.45, "trend": 174.939731, "fair_value": 153.642071, "relative_strength": -15.002609, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.652375, "energy": 43.619602, "activity_lines": [ 158.355331, 161.410361, 175.620379, 176.78714 ] }, { "date": "2025-12-19", "close": 157.220001, "volume": 13924028, "typical_volume": 18963174.05, "trend": 174.425235, "fair_value": 154.047164, "relative_strength": -15.060263, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.260583, "energy": 39.369838, "activity_lines": [ 157.785999, 159.637271, 173.135379, 175.643931 ] }, { "date": "2025-12-26", "close": 154.0, "volume": 13272422, "typical_volume": 18882361.0, "trend": 174.171201, "fair_value": 154.431616, "relative_strength": -18.163688, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.106726, "energy": 38.305134, "activity_lines": [ 156.556666, 158.016362, 170.415998, 174.326174 ] }, { "date": "2026-01-02", "close": 152.059998, "volume": 13330490, "typical_volume": 18567116.85, "trend": 173.965703, "fair_value": 154.807709, "relative_strength": -18.915006, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.305227, "energy": 54.869535, "activity_lines": [ 155.027333, 156.38818, 167.621475, 172.899645 ] }, { "date": "2026-01-09", "close": 163.490005, "volume": 26733339, "typical_volume": 18116995.8, "trend": 174.374481, "fair_value": 155.270475, "relative_strength": -15.66671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.986417, "energy": 41.058753, "activity_lines": [ 157.316001, 157.462545, 166.062618, 172.223793 ] }, { "date": "2026-01-16", "close": 155.009995, "volume": 34438025, "typical_volume": 18447409.35, "trend": 174.602665, "fair_value": 155.706026, "relative_strength": -19.212064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.763441, "energy": 43.324107, "activity_lines": [ 156.693999, 156.993454, 163.928999, 170.974472 ] }, { "date": "2026-01-23", "close": 151.229996, "volume": 27582239, "typical_volume": 18711817.95, "trend": 174.437665, "fair_value": 156.065062, "relative_strength": -21.408555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.22521, "energy": 45.626815, "activity_lines": [ 154.985331, 155.827635, 161.720522, 169.466558 ] }, { "date": "2026-01-30", "close": 142.610001, "volume": 24437789, "typical_volume": 18920840.1, "trend": 173.985332, "fair_value": 156.308335, "relative_strength": -25.084238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.513417, "energy": 71.597246, "activity_lines": [ 150.802665, 153.316181, 158.970951, 167.41316 ] }, { "date": "2026-02-06", "close": 151.309998, "volume": 19814459, "typical_volume": 18799187.1, "trend": 174.075332, "fair_value": 156.601655, "relative_strength": -19.02672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.928897, "energy": 68.875701, "activity_lines": [ 150.279332, 152.688181, 157.308951, 165.950235 ] }, { "date": "2026-02-13", "close": 148.199997, "volume": 12901486, "typical_volume": 18256854.9, "trend": 173.579332, "fair_value": 156.792726, "relative_strength": -20.406336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.074123, "energy": 71.517768, "activity_lines": [ 148.769331, 151.510544, 155.637332, 164.280859 ] }, { "date": "2026-02-27", "close": 143.089996, "volume": 13758346, "typical_volume": 18633008.25, "trend": 172.815665, "fair_value": 156.90459, "relative_strength": -23.928319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.633927, "energy": 72.727788, "activity_lines": [ 146.575331, 149.658907, 153.766712, 162.313805 ] }, { "date": "2026-03-06", "close": 134.630005, "volume": 15880680, "typical_volume": 18954761.25, "trend": 171.556666, "fair_value": 157.035752, "relative_strength": -27.181555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.782927, "energy": 68.268476, "activity_lines": [ 142.356, 146.53309, 151.407951, 159.850214 ] }, { "date": "2026-03-13", "close": 132.770004, "volume": 18562063, "typical_volume": 18782675.8, "trend": 170.081666, "fair_value": 157.057043, "relative_strength": -27.097355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.682641, "energy": 83.220248, "activity_lines": [ 138.623335, 143.479818, 149.172809, 157.347849 ] }, { "date": "2026-03-20", "close": 125.68, "volume": 17370288, "typical_volume": 18772257.1, "trend": 168.172666, "fair_value": 157.034823, "relative_strength": -27.96628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.307801, "energy": 91.286774, "activity_lines": [ 133.183335, 139.523455, 146.454, 154.483225 ] }, { "date": "2026-03-27", "close": 123.239998, "volume": 13658171, "typical_volume": 18319611.55, "trend": 165.200999, "fair_value": 157.064497, "relative_strength": -27.91313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.119906, "energy": 92.287419, "activity_lines": [ 128.638667, 135.603091, 143.791952, 151.584343 ] }, { "date": "2026-04-03", "close": 114.800003, "volume": 13159455, "typical_volume": 17832744.85, "trend": 161.864666, "fair_value": 157.041241, "relative_strength": -31.586679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.329878, "energy": 94.474121, "activity_lines": [ 122.944668, 130.880001, 140.517333, 148.332666 ] }, { "date": "2026-04-10", "close": 115.959999, "volume": 14319114, "typical_volume": 17697052.5, "trend": 158.729999, "fair_value": 156.949955, "relative_strength": -32.16323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.060888, "energy": 90.957844, "activity_lines": [ 119.523334, 127.098909, 137.54219, 145.371075 ] }, { "date": "2026-04-17", "close": 111.269997, "volume": 25675157, "typical_volume": 18351221.35, "trend": 155.872332, "fair_value": 156.840995, "relative_strength": -35.538216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.177885, "energy": 91.934378, "activity_lines": [ 115.783332, 123.106363, 134.346381, 142.309139 ] }, { "date": "2026-04-24", "close": 115.43, "volume": 40669607, "typical_volume": 19685448.85, "trend": 152.670332, "fair_value": 156.808869, "relative_strength": -33.259085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.027591, "energy": 78.734196, "activity_lines": [ 114.863333, 120.44, 131.775, 139.699956 ] }, { "date": "2026-05-01", "close": 115.800003, "volume": 22702606, "typical_volume": 20006002.85, "trend": 149.576666, "fair_value": 156.805989, "relative_strength": -33.173764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.219892, "energy": 66.148798, "activity_lines": [ 114.75, 118.493273, 129.413857, 137.321225 ] }, { "date": "2026-05-08", "close": 120.870003, "volume": 21930172, "typical_volume": 20205996.8, "trend": 146.612999, "fair_value": 156.875707, "relative_strength": -30.969536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.684949, "energy": 63.058178, "activity_lines": [ 116.822668, 118.057455, 127.756667, 135.469183 ] }, { "date": "2026-05-15", "close": 122.120003, "volume": 46670187, "typical_volume": 21843304.75, "trend": 144.090666, "fair_value": 156.97583, "relative_strength": -29.05752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.209283, "energy": 49.874478, "activity_lines": [ 118.907336, 118.25291, 126.393477, 133.888989 ] }, { "date": "2026-05-22", "close": 126.82, "volume": 58117624, "typical_volume": 24085564.85, "trend": 142.551333, "fair_value": 157.086392, "relative_strength": -25.401847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.107988, "energy": 34.678108, "activity_lines": [ 122.148002, 119.530365, 125.645048, 132.774753 ] }, { "date": "2026-05-29", "close": 102.540001, "volume": 44269277, "typical_volume": 25632504.2, "trend": 139.756, "fair_value": 157.036605, "relative_strength": -38.269577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.258176, "energy": 51.126346, "activity_lines": [ 116.258668, 116.501456, 122.713667, 130.193377 ] }, { "date": "2026-06-05", "close": 108.68, "volume": 8735901, "typical_volume": 24732632.3, "trend": 137.932, "fair_value": 157.01622, "relative_strength": -33.240183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.327099, "energy": 52.854187, "activity_lines": [ 113.275334, 115.009637, 120.602858, 128.188473 ] }, { "date": "2026-06-12", "close": 101.989998, "volume": 12563244, "typical_volume": 23638893.25, "trend": 136.182, "fair_value": 156.977842, "relative_strength": -36.763322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.888756, "energy": 61.877923, "activity_lines": [ 108.536666, 112.566182, 118.115905, 125.869635 ] }, { "date": "2026-06-19", "close": 97.269997, "volume": 29430689, "typical_volume": 23731315.75, "trend": 133.977, "fair_value": 156.869269, "relative_strength": -39.953071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.58596, "energy": 84.155369, "activity_lines": [ 103.483332, 109.497454, 115.431905, 123.359183 ] }, { "date": "2026-06-26", "close": 91.125343, "volume": 6493737, "typical_volume": 22834113.15, "trend": 131.707844, "fair_value": 156.700469, "relative_strength": -42.261283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.628882, "energy": 90.770921, "activity_lines": [ 98.038447, 105.651335, 112.419652, 120.59456 ] }, { "date": "2026-07-03", "close": 99.094711, "volume": 10189499, "typical_volume": 22352865.15, "trend": 129.938335, "fair_value": 156.641549, "relative_strength": -36.811668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.779017, "energy": 81.793793, "activity_lines": [ 97.629661, 103.620458, 110.411551, 118.490487 ] }, { "date": "2026-07-10", "close": 99.512573, "volume": 30776965, "typical_volume": 23246639.1, "trend": 127.847754, "fair_value": 156.626826, "relative_strength": -35.145638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.584975, "energy": 66.727605, "activity_lines": [ 97.589849, 101.962561, 108.691891, 116.527534 ] }, { "date": "2026-07-17", "close": 98.666893, "volume": 39736154, "typical_volume": 24545529.5, "trend": 125.882984, "fair_value": 156.536916, "relative_strength": -31.177594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.597613, "energy": 54.819071, "activity_lines": [ 97.879305, 100.447039, 107.123535, 114.644898 ] }, { "date": "2026-07-24", "close": 97.059998, "volume": 34167884, "typical_volume": 25459889.7, "trend": 123.877651, "fair_value": 156.388295, "relative_strength": -32.481251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.383019, "energy": 49.437435, "activity_lines": [ 97.85467, 99.043048, 105.61368, 112.785351 ] }, { "date": "2026-07-31", "close": 111.309998, "volume": 43221466, "typical_volume": 26692859.85, "trend": 122.45465, "fair_value": 156.309416, "relative_strength": -22.253148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.51394, "energy": 30.555311, "activity_lines": [ 102.594035, 100.685601, 105.639873, 111.974534 ] }, { "date": "2026-08-07", "close": 106.620003, "volume": 26908438, "typical_volume": 27169767.35, "trend": 120.939984, "fair_value": 156.200725, "relative_strength": -26.760501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.661507, "energy": 21.945673, "activity_lines": [ 104.424424, 101.757429, 105.32159, 110.952944 ] } ], "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." } } }