{ "ticker": { "uuid": "bc347e85-bce6-4487-8d13-4ecaa7152310", "symbol": "FNGG", "name": "DIREXION DAILY NYSE FANG+ BULL 2X ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 73.931, "architecture_energy": 42.616, "architecture_maturity": 37.198, "architecture_confidence": 74.133, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 33.32, "rotation_up": 51.87, "upward_expansion": 75.53, "deceleration": 61.84, "rotation_down": 21.23, "downward_expansion": 4.53 }, "activity_lines": [ 239.93974, 233.9913, 230.289654, 218.636688 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 267.73, "trend_reference": 205.13469, "distance_from_trend": 0.305142, "trend_direction": "Improving", "fair_value": 151.132406, "distance_from_fair_value": 0.771493, "fair_value_direction": "Improving", "relative_strength": 14.25193, "relative_strength_direction": "Improving", "price_momentum": 0.537018, "excess_performance": 0.411393, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.305142, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026965, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.771493, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.053649, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.142519, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.072702, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.537018, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.455232, "read": "Supply-led" } ], "volume": { "latest": 28187, "relative_activity": 0.712281, "balance": 0.455232, "dry_up": 0.493242, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.095885, "annualized_volatility": 0.5892, "from_high_reference": -0.026955, "from_low_reference": 0.924505 }, "levels": { "trend_reference": 205.13469, "fair_value_reference": 151.132406, "structural_low": 139.1163, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.025146, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.028532, "regime_survival": 0.636364, "best_return": 0.223788, "worst_return": -0.126136, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.218102, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.181676, "regime_survival": 0.2, "best_return": 0.396291, "worst_return": -0.215155, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.344572, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.198122, "regime_survival": 0.0, "best_return": 0.700824, "worst_return": -0.002287, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.861939, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.630452, "regime_survival": 0.5, "best_return": 1.095662, "worst_return": 0.628215, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.10478, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.030296, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-10-11", "tenure": "Developing", "return": 0.199194, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-03-14", "tenure": "Established", "return": -0.015847, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.182327, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.178887, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": 0.144907, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-28", "tenure": "Established", "return": 0.190419, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-09", "tenure": "Developing", "return": -0.099727, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": -0.116862, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-05-01", "tenure": "Developing", "return": 0.302157, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.035753, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": -0.043645, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.185942, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 59.486078, "volume": 47853, "typical_volume": 51407.8, "trend": 51.6631, "fair_value": 84.075137, "relative_strength": 23.793017, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.965749, "energy": 28.216927, "activity_lines": [ 64.545298, 66.65834, 63.716042, 58.569909 ] }, { "date": "2023-08-25", "close": 62.597778, "volume": 37228, "typical_volume": 51952.5, "trend": 52.556404, "fair_value": 83.860364, "relative_strength": 28.913376, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.233958, "energy": 24.334801, "activity_lines": [ 63.347536, 65.75616, 64.090748, 59.275372 ] }, { "date": "2023-09-01", "close": 67.928981, "volume": 42681, "typical_volume": 51931.05, "trend": 53.536525, "fair_value": 83.702627, "relative_strength": 35.603041, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.802191, "energy": 25.28439, "activity_lines": [ 64.25455, 65.932845, 64.879454, 60.267151 ] }, { "date": "2023-09-08", "close": 66.934187, "volume": 27179, "typical_volume": 52547.2, "trend": 54.539193, "fair_value": 83.538231, "relative_strength": 34.792779, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.78565, "energy": 19.829713, "activity_lines": [ 65.102613, 65.911301, 65.452562, 61.131517 ] }, { "date": "2023-09-15", "close": 65.380765, "volume": 36361, "typical_volume": 52229.65, "trend": 55.495651, "fair_value": 83.361945, "relative_strength": 31.271069, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.194688, "energy": 20.97228, "activity_lines": [ 65.54061, 65.631285, 65.754639, 61.830973 ] }, { "date": "2023-09-22", "close": 59.359795, "volume": 30199, "typical_volume": 53030.2, "trend": 56.323901, "fair_value": 83.131155, "relative_strength": 22.164158, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.472031, "energy": 12.184414, "activity_lines": [ 63.838689, 64.304861, 65.378282, 62.080273 ] }, { "date": "2023-09-29", "close": 59.969945, "volume": 44844, "typical_volume": 53766.65, "trend": 57.110699, "fair_value": 82.910572, "relative_strength": 23.579956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.123238, "energy": 8.396459, "activity_lines": [ 62.34857, 63.332908, 64.986972, 62.315501 ] }, { "date": "2023-10-06", "close": 64.086712, "volume": 48241, "typical_volume": 52455.6, "trend": 58.149214, "fair_value": 82.732988, "relative_strength": 30.445666, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.051663, "energy": 12.552029, "activity_lines": [ 62.405896, 63.246613, 64.924921, 62.765567 ] }, { "date": "2023-10-13", "close": 63.008741, "volume": 60043, "typical_volume": 51922.55, "trend": 58.954773, "fair_value": 82.548649, "relative_strength": 26.464774, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.385232, "energy": 13.247223, "activity_lines": [ 62.36005, 63.108541, 64.705323, 63.079085 ] }, { "date": "2023-10-20", "close": 58.695528, "volume": 28439, "typical_volume": 50076.75, "trend": 59.534761, "fair_value": 82.327787, "relative_strength": 19.92978, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.541009, "energy": 11.603183, "activity_lines": [ 61.138162, 62.287003, 64.053719, 63.062359 ] }, { "date": "2023-10-27", "close": 55.600314, "volume": 57515, "typical_volume": 47953.95, "trend": 59.894333, "fair_value": 82.082581, "relative_strength": 15.874803, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.64616, "energy": 31.431846, "activity_lines": [ 59.330218, 60.987997, 63.124648, 62.808524 ] }, { "date": "2023-11-03", "close": 63.498261, "volume": 62538, "typical_volume": 47190.55, "trend": 60.580489, "fair_value": 81.913633, "relative_strength": 23.728159, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.971381, "energy": 18.550507, "activity_lines": [ 60.405556, 61.19563, 62.985623, 63.041035 ] }, { "date": "2023-11-10", "close": 69.252311, "volume": 61634, "typical_volume": 47361.1, "trend": 61.47059, "fair_value": 81.799567, "relative_strength": 31.793879, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.060208, "energy": 14.289406, "activity_lines": [ 63.163689, 62.433083, 63.419008, 63.600508 ] }, { "date": "2023-11-17", "close": 72.460097, "volume": 79764, "typical_volume": 48617.55, "trend": 62.51638, "fair_value": 81.716179, "relative_strength": 33.215241, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.804643, "energy": 33.188587, "activity_lines": [ 66.646711, 64.229708, 64.147049, 64.309508 ] }, { "date": "2023-11-24", "close": 73.9903, "volume": 26574, "typical_volume": 48403.2, "trend": 63.53843, "fair_value": 81.647808, "relative_strength": 33.075859, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.612531, "energy": 59.533862, "activity_lines": [ 70.00971, 66.204082, 65.000787, 65.049761 ] }, { "date": "2023-12-01", "close": 72.475862, "volume": 37382, "typical_volume": 47809.5, "trend": 64.487071, "fair_value": 81.567352, "relative_strength": 27.906807, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.419486, "energy": 71.253236, "activity_lines": [ 71.848246, 67.746566, 65.681948, 65.626369 ] }, { "date": "2023-12-08", "close": 74.326862, "volume": 45869, "typical_volume": 47444.1, "trend": 65.40533, "fair_value": 81.504392, "relative_strength": 29.299732, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.154942, "energy": 75.749692, "activity_lines": [ 73.178744, 69.387121, 66.540721, 66.261195 ] }, { "date": "2023-12-15", "close": 79.765075, "volume": 71308, "typical_volume": 47988.55, "trend": 66.312129, "fair_value": 81.489397, "relative_strength": 33.654594, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.748759, "energy": 81.55412, "activity_lines": [ 75.600074, 71.755408, 67.884974, 67.18763 ] }, { "date": "2023-12-22", "close": 81.766264, "volume": 57330, "typical_volume": 49071.75, "trend": 67.085939, "fair_value": 81.491764, "relative_strength": 33.714495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.827957, "energy": 83.912547, "activity_lines": [ 77.987615, 74.202486, 69.382929, 68.184671 ] }, { "date": "2023-12-29", "close": 81.343144, "volume": 35225, "typical_volume": 46910.35, "trend": 67.71966, "fair_value": 81.490504, "relative_strength": 30.609594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.20491, "energy": 83.587928, "activity_lines": [ 79.613706, 76.231587, 70.777654, 69.104491 ] }, { "date": "2024-01-05", "close": 75.611029, "volume": 36053, "typical_volume": 46320.35, "trend": 68.121655, "fair_value": 81.441097, "relative_strength": 21.593452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.55703, "energy": 72.532078, "activity_lines": [ 78.838902, 76.806711, 71.540957, 69.613611 ] }, { "date": "2024-01-12", "close": 81.749286, "volume": 48426, "typical_volume": 46880.25, "trend": 68.559187, "fair_value": 81.443665, "relative_strength": 27.26063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.260747, "energy": 66.076682, "activity_lines": [ 79.901172, 78.13405, 72.81207, 70.492813 ] }, { "date": "2024-01-19", "close": 85.768567, "volume": 55017, "typical_volume": 47497.05, "trend": 69.18566, "fair_value": 81.479408, "relative_strength": 30.062516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.222826, "energy": 61.168214, "activity_lines": [ 81.808375, 79.86033, 74.374774, 71.603096 ] }, { "date": "2024-01-26", "close": 89.832915, "volume": 89258, "typical_volume": 50601.0, "trend": 69.905011, "fair_value": 81.54788, "relative_strength": 33.060972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.521919, "energy": 69.720422, "activity_lines": [ 84.670127, 82.025288, 76.239609, 72.935177 ] }, { "date": "2024-02-02", "close": 97.316087, "volume": 76904, "typical_volume": 52628.15, "trend": 70.880946, "fair_value": 81.676076, "relative_strength": 40.136995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.364796, "energy": 92.800843, "activity_lines": [ 89.488493, 85.234953, 78.708085, 74.703633 ] }, { "date": "2024-02-09", "close": 103.442077, "volume": 91128, "typical_volume": 55674.6, "trend": 71.903873, "fair_value": 81.851609, "relative_strength": 44.651604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.262688, "energy": 95.80427, "activity_lines": [ 95.283993, 89.134329, 81.607916, 76.804351 ] }, { "date": "2024-02-16", "close": 101.175365, "volume": 121795, "typical_volume": 59522.15, "trend": 73.025939, "fair_value": 82.006199, "relative_strength": 39.866379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.908899, "energy": 91.609009, "activity_lines": [ 98.468519, 92.058553, 84.081953, 78.692835 ] }, { "date": "2024-02-23", "close": 105.272069, "volume": 104186, "typical_volume": 62319.4, "trend": 74.134385, "fair_value": 82.190848, "relative_strength": 40.915093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.232738, "energy": 90.867011, "activity_lines": [ 101.723542, 95.239478, 86.749937, 80.77323 ] }, { "date": "2024-03-01", "close": 106.731032, "volume": 100861, "typical_volume": 64360.3, "trend": 75.407076, "fair_value": 82.384078, "relative_strength": 39.348064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.250042, "energy": 85.156735, "activity_lines": [ 104.164651, 98.221906, 89.360749, 82.87624 ] }, { "date": "2024-03-08", "close": 100.370904, "volume": 124640, "typical_volume": 69170.35, "trend": 76.639878, "fair_value": 82.5246, "relative_strength": 29.507569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.921318, "energy": 65.434415, "activity_lines": [ 103.359177, 99.594042, 91.157633, 84.486809 ] }, { "date": "2024-03-15", "close": 97.857609, "volume": 44332, "typical_volume": 68511.2, "trend": 77.918929, "fair_value": 82.643461, "relative_strength": 24.900539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.14248, "energy": 59.800627, "activity_lines": [ 101.512284, 100.163256, 92.516701, 85.855695 ] }, { "date": "2024-03-22", "close": 106.58895, "volume": 50999, "typical_volume": 67934.25, "trend": 79.385301, "fair_value": 82.827657, "relative_strength": 31.451899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.103871, "energy": 59.072939, "activity_lines": [ 102.948135, 101.915503, 94.506101, 87.705374 ] }, { "date": "2024-03-29", "close": 104.122606, "volume": 28398, "typical_volume": 66272.45, "trend": 80.591755, "fair_value": 82.990214, "relative_strength": 26.5767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.437645, "energy": 50.513409, "activity_lines": [ 103.200966, 102.767693, 96.055416, 89.301329 ] }, { "date": "2024-04-05", "close": 104.640386, "volume": 30397, "typical_volume": 63804.1, "trend": 81.848629, "fair_value": 83.15423, "relative_strength": 26.864079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.11159, "energy": 49.242693, "activity_lines": [ 103.703022, 103.380316, 97.487996, 90.852854 ] }, { "date": "2024-04-12", "close": 106.225033, "volume": 29133, "typical_volume": 63932.05, "trend": 83.210104, "fair_value": 83.327695, "relative_strength": 29.084815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.115198, "energy": 51.759648, "activity_lines": [ 104.872669, 104.011829, 98.918254, 92.425525 ] }, { "date": "2024-04-19", "close": 89.284671, "volume": 71447, "typical_volume": 65635.3, "trend": 84.2076, "fair_value": 83.37215, "relative_strength": 10.888553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.705988, "energy": 24.468246, "activity_lines": [ 100.005254, 101.401296, 98.581646, 92.817432 ] }, { "date": "2024-04-26", "close": 100.023806, "volume": 62043, "typical_volume": 66444.0, "trend": 85.542729, "fair_value": 83.495496, "relative_strength": 19.734286, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.219601, "energy": 21.677113, "activity_lines": [ 99.289079, 101.000741, 99.187771, 93.837833 ] }, { "date": "2024-05-03", "close": 103.099712, "volume": 75945, "typical_volume": 66675.85, "trend": 86.843162, "fair_value": 83.639644, "relative_strength": 21.358449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.124603, "energy": 21.305297, "activity_lines": [ 100.035883, 101.180378, 99.964472, 94.970541 ] }, { "date": "2024-05-10", "close": 105.250661, "volume": 34726, "typical_volume": 65545.65, "trend": 88.251226, "fair_value": 83.797389, "relative_strength": 20.4095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.379379, "energy": 21.980011, "activity_lines": [ 101.567863, 101.790594, 100.834909, 96.158122 ] }, { "date": "2024-05-17", "close": 110.504275, "volume": 115033, "typical_volume": 69536.05, "trend": 89.978184, "fair_value": 83.990917, "relative_strength": 23.215644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.390903, "energy": 43.473793, "activity_lines": [ 104.810363, 103.382929, 102.093859, 97.593802 ] }, { "date": "2024-05-24", "close": 113.822347, "volume": 101963, "typical_volume": 72831.55, "trend": 91.918919, "fair_value": 84.205532, "relative_strength": 25.866755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.526059, "energy": 68.728064, "activity_lines": [ 108.873603, 105.394307, 103.529954, 99.132136 ] }, { "date": "2024-05-31", "close": 108.675768, "volume": 33784, "typical_volume": 72099.45, "trend": 93.424836, "fair_value": 84.380319, "relative_strength": 19.860688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.669712, "energy": 63.487747, "activity_lines": [ 109.585472, 106.179674, 104.29394, 100.213223 ] }, { "date": "2024-06-07", "close": 114.804032, "volume": 42761, "typical_volume": 71486.65, "trend": 94.943226, "fair_value": 84.59609, "relative_strength": 24.142618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.963958, "energy": 71.545658, "activity_lines": [ 111.763299, 108.04133, 105.513349, 101.592526 ] }, { "date": "2024-06-14", "close": 127.817117, "volume": 106538, "typical_volume": 72350.65, "trend": 96.78846, "fair_value": 84.900464, "relative_strength": 34.818569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.414207, "energy": 82.241341, "activity_lines": [ 117.498532, 112.074793, 107.833834, 103.713422 ] }, { "date": "2024-06-21", "close": 126.229616, "volume": 99351, "typical_volume": 73473.0, "trend": 98.529771, "fair_value": 85.189479, "relative_strength": 31.21304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.482944, "energy": 80.814986, "activity_lines": [ 121.200168, 115.398225, 109.822253, 105.612851 ] }, { "date": "2024-06-28", "close": 129.680202, "volume": 74717, "typical_volume": 72652.45, "trend": 100.436582, "fair_value": 85.498442, "relative_strength": 33.67638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.871017, "energy": 84.145504, "activity_lines": [ 125.003644, 118.985316, 112.001614, 107.622556 ] }, { "date": "2024-07-05", "close": 148.555451, "volume": 200278, "typical_volume": 76576.6, "trend": 102.910869, "fair_value": 85.933318, "relative_strength": 48.486005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.939767, "energy": 95.220708, "activity_lines": [ 134.041678, 125.269806, 115.853676, 110.727 ] }, { "date": "2024-07-12", "close": 139.893221, "volume": 206634, "typical_volume": 81699.0, "trend": 104.91514, "fair_value": 86.302906, "relative_strength": 37.239488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.846494, "energy": 86.934793, "activity_lines": [ 137.533658, 129.096952, 118.655143, 113.112958 ] }, { "date": "2024-07-19", "close": 127.63366, "volume": 142341, "typical_volume": 83773.0, "trend": 106.444053, "fair_value": 86.584068, "relative_strength": 26.636564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.438102, "energy": 67.820057, "activity_lines": [ 135.266504, 130.026114, 120.124171, 114.578669 ] }, { "date": "2024-07-26", "close": 118.21268, "volume": 92928, "typical_volume": 82187.4, "trend": 107.673038, "fair_value": 86.797775, "relative_strength": 17.563844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.407893, "energy": 49.473373, "activity_lines": [ 129.871254, 128.835407, 120.596426, 115.337935 ] }, { "date": "2024-08-02", "close": 110.373989, "volume": 88911, "typical_volume": 84416.35, "trend": 108.831803, "fair_value": 86.956004, "relative_strength": 11.546587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.622704, "energy": 18.19673, "activity_lines": [ 122.397569, 126.079331, 120.237178, 115.51219 ] }, { "date": "2024-08-09", "close": 111.373725, "volume": 79998, "typical_volume": 85866.3, "trend": 109.819284, "fair_value": 87.118789, "relative_strength": 11.788556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.854746, "energy": 22.685278, "activity_lines": [ 116.544211, 123.567722, 119.913542, 115.676185 ] }, { "date": "2024-08-16", "close": 124.66273, "volume": 80425, "typical_volume": 88467.65, "trend": 111.115757, "fair_value": 87.367424, "relative_strength": 19.250704, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.208575, "energy": 24.126847, "activity_lines": [ 117.599302, 123.423242, 120.83274, 116.633827 ] }, { "date": "2024-08-23", "close": 123.814405, "volume": 63944, "typical_volume": 90145.0, "trend": 112.248473, "fair_value": 87.607207, "relative_strength": 15.893635, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.253371, "energy": 19.665129, "activity_lines": [ 119.386985, 122.945272, 121.573335, 117.453094 ] }, { "date": "2024-08-30", "close": 120.485173, "volume": 35914, "typical_volume": 90484.05, "trend": 113.020776, "fair_value": 87.822096, "relative_strength": 11.776497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.958307, "energy": 13.310581, "activity_lines": [ 120.319541, 121.934764, 121.905556, 117.984494 ] }, { "date": "2024-09-06", "close": 105.593297, "volume": 51124, "typical_volume": 89467.9, "trend": 113.092483, "fair_value": 87.937493, "relative_strength": 1.748035, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.916827, "energy": 4.936702, "activity_lines": [ 116.136638, 118.321087, 120.751597, 117.505302 ] }, { "date": "2024-09-13", "close": 122.846168, "volume": 52302, "typical_volume": 88980.85, "trend": 113.814843, "fair_value": 88.162711, "relative_strength": 13.025182, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.551089, "energy": 10.132738, "activity_lines": [ 118.023406, 118.282238, 121.163109, 118.134572 ] }, { "date": "2024-09-20", "close": 127.553123, "volume": 159493, "typical_volume": 93158.25, "trend": 114.557545, "fair_value": 88.415213, "relative_strength": 14.748372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.285427, "energy": 15.493499, "activity_lines": [ 120.714329, 119.566642, 121.914225, 119.020913 ] }, { "date": "2024-09-27", "close": 125.38862, "volume": 56376, "typical_volume": 94240.75, "trend": 115.179465, "fair_value": 87.832247, "relative_strength": 11.320441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.142441, "energy": 16.229854, "activity_lines": [ 122.491058, 120.681864, 122.342752, 119.719692 ] }, { "date": "2024-10-04", "close": 129.223767, "volume": 25223, "typical_volume": 89750.25, "trend": 116.141227, "fair_value": 87.264848, "relative_strength": 13.599357, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.893204, "energy": 29.939151, "activity_lines": [ 125.441221, 122.535206, 123.040637, 120.625776 ] }, { "date": "2024-10-11", "close": 133.558683, "volume": 219720, "typical_volume": 95638.1, "trend": 117.331262, "fair_value": 86.612208, "relative_strength": 15.153578, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.085431, "energy": 50.817404, "activity_lines": [ 129.253784, 124.976512, 124.06223, 121.749483 ] }, { "date": "2024-10-18", "close": 135.173893, "volume": 57429, "typical_volume": 96820.35, "trend": 118.284094, "fair_value": 85.939784, "relative_strength": 14.5568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.863213, "energy": 57.702796, "activity_lines": [ 131.740391, 127.289952, 125.14367, 122.90062 ] }, { "date": "2024-10-25", "close": 134.489234, "volume": 54054, "typical_volume": 97385.0, "trend": 119.296315, "fair_value": 85.202024, "relative_strength": 14.03642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.979322, "energy": 60.52775, "activity_lines": [ 133.17693, 129.046179, 126.033723, 123.946113 ] }, { "date": "2024-11-01", "close": 132.473205, "volume": 50056, "typical_volume": 94560.9, "trend": 120.224075, "fair_value": 84.382109, "relative_strength": 13.005131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.920253, "energy": 55.619237, "activity_lines": [ 133.479052, 130.257192, 126.638034, 124.796235 ] }, { "date": "2024-11-08", "close": 147.508425, "volume": 62486, "typical_volume": 92717.65, "trend": 121.600189, "fair_value": 83.566135, "relative_strength": 19.145505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.28892, "energy": 68.340416, "activity_lines": [ 138.320608, 134.044448, 128.652099, 126.556515 ] }, { "date": "2024-11-15", "close": 140.9507, "volume": 75575, "typical_volume": 92760.55, "trend": 123.32239, "fair_value": 82.691953, "relative_strength": 15.433059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.682882, "energy": 61.009149, "activity_lines": [ 139.757278, 136.148059, 129.940291, 127.804936 ] }, { "date": "2024-11-22", "close": 146.871491, "volume": 51981, "typical_volume": 85345.7, "trend": 124.883979, "fair_value": 82.022285, "relative_strength": 17.423233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.125509, "energy": 66.549778, "activity_lines": [ 142.674745, 138.685315, 131.738699, 129.324232 ] }, { "date": "2024-11-29", "close": 146.586217, "volume": 46872, "typical_volume": 77357.6, "trend": 126.333529, "fair_value": 81.61358, "relative_strength": 14.949489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.472548, "energy": 69.084036, "activity_lines": [ 144.71728, 140.733879, 133.517957, 130.724377 ] }, { "date": "2024-12-06", "close": 164.138759, "volume": 283407, "typical_volume": 84410.9, "trend": 128.296466, "fair_value": 81.237007, "relative_strength": 26.378618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.208856, "energy": 81.672583, "activity_lines": [ 151.804197, 145.627758, 136.937014, 133.163424 ] }, { "date": "2024-12-13", "close": 172.600287, "volume": 314347, "typical_volume": 95481.85, "trend": 130.366333, "fair_value": 81.055068, "relative_strength": 32.326567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.138823, "energy": 91.904525, "activity_lines": [ 159.600587, 151.355549, 140.988097, 136.021735 ] }, { "date": "2024-12-20", "close": 166.051264, "volume": 383674, "typical_volume": 110220.0, "trend": 132.107297, "fair_value": 80.744883, "relative_strength": 28.477211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.031635, "energy": 85.042621, "activity_lines": [ 163.541178, 155.103944, 144.156475, 138.323989 ] }, { "date": "2024-12-27", "close": 170.573318, "volume": 178513, "typical_volume": 115145.75, "trend": 134.170548, "fair_value": 80.504146, "relative_strength": 29.825559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.550478, "energy": 86.260293, "activity_lines": [ 167.315749, 159.083757, 147.490395, 140.805667 ] }, { "date": "2025-01-03", "close": 168.702271, "volume": 432887, "typical_volume": 132768.85, "trend": 135.967156, "fair_value": 80.484411, "relative_strength": 27.715666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.47947, "energy": 75.548062, "activity_lines": [ 168.886517, 162.079754, 150.364218, 143.03352 ] }, { "date": "2025-01-10", "close": 158.302078, "volume": 271664, "typical_volume": 143154.85, "trend": 136.983322, "fair_value": 80.445856, "relative_strength": 21.174216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.002043, "energy": 51.948056, "activity_lines": [ 165.51615, 162.562751, 152.037833, 144.474483 ] }, { "date": "2025-01-17", "close": 165.055558, "volume": 170737, "typical_volume": 149896.0, "trend": 138.27752, "fair_value": 80.671923, "relative_strength": 21.730404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.259765, "energy": 46.071528, "activity_lines": [ 164.786054, 163.804038, 154.19041, 146.285595 ] }, { "date": "2025-01-24", "close": 178.981219, "volume": 150761, "typical_volume": 154877.85, "trend": 139.920887, "fair_value": 81.06974, "relative_strength": 28.571046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.208931, "energy": 50.918038, "activity_lines": [ 169.200828, 167.258224, 157.457001, 148.91164 ] }, { "date": "2025-01-31", "close": 170.754648, "volume": 207660, "typical_volume": 162645.75, "trend": 140.66086, "fair_value": 81.317449, "relative_strength": 23.043284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.571508, "energy": 43.221644, "activity_lines": [ 170.011414, 168.525206, 159.590642, 150.900915 ] }, { "date": "2025-02-07", "close": 172.025393, "volume": 84636, "typical_volume": 158902.9, "trend": 141.731933, "fair_value": 81.585708, "relative_strength": 23.38016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.59132, "energy": 45.746278, "activity_lines": [ 171.233494, 169.588993, 161.617171, 152.924433 ] }, { "date": "2025-02-14", "close": 182.694932, "volume": 156969, "typical_volume": 163932.55, "trend": 143.567308, "fair_value": 82.03851, "relative_strength": 28.11021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.136725, "energy": 56.475728, "activity_lines": [ 175.790545, 172.130167, 164.448074, 155.567208 ] }, { "date": "2025-02-21", "close": 165.433126, "volume": 157835, "typical_volume": 170563.15, "trend": 145.141323, "fair_value": 82.372767, "relative_strength": 17.258624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.021349, "energy": 40.331486, "activity_lines": [ 172.96747, 171.195445, 165.362108, 156.977905 ] }, { "date": "2025-02-28", "close": 152.038431, "volume": 214149, "typical_volume": 170284.6, "trend": 146.530138, "fair_value": 82.75084, "relative_strength": 8.409355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.619897, "energy": 19.406155, "activity_lines": [ 165.654326, 167.955636, 164.828032, 157.42288 ] }, { "date": "2025-03-07", "close": 134.412169, "volume": 180327, "typical_volume": 176429.5, "trend": 147.298086, "fair_value": 83.093734, "relative_strength": -1.399137, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -8.193375, "energy": 15.523029, "activity_lines": [ 154.261947, 161.76583, 162.527265, 156.641076 ] }, { "date": "2025-03-14", "close": 133.031854, "volume": 186646, "typical_volume": 183059.1, "trend": 147.577057, "fair_value": 83.262013, "relative_strength": -0.482728, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -32.144461, "energy": 36.970072, "activity_lines": [ 144.832295, 155.982534, 160.098666, 155.720674 ] }, { "date": "2025-03-21", "close": 132.606955, "volume": 114124, "typical_volume": 186262.5, "trend": 147.870142, "fair_value": 83.415728, "relative_strength": -1.525895, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.211458, "energy": 50.862464, "activity_lines": [ 137.860579, 150.770537, 157.636541, 154.754861 ] }, { "date": "2025-03-28", "close": 121.482617, "volume": 89523, "typical_volume": 187614.35, "trend": 147.90339, "fair_value": 83.464303, "relative_strength": -8.561559, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.225482, "energy": 67.087686, "activity_lines": [ 130.519949, 144.003117, 154.114319, 153.05244 ] }, { "date": "2025-04-04", "close": 96.833323, "volume": 164197, "typical_volume": 192045.45, "trend": 147.611391, "fair_value": 83.458615, "relative_strength": -19.765254, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.474923, "energy": 79.135094, "activity_lines": [ 117.892922, 133.546242, 148.368477, 149.757597 ] }, { "date": "2025-04-11", "close": 116.915755, "volume": 263376, "typical_volume": 202615.2, "trend": 147.413711, "fair_value": 83.616054, "relative_strength": -8.387013, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.724439, "energy": 67.648756, "activity_lines": [ 115.640379, 128.234316, 144.74533, 147.777233 ] }, { "date": "2025-04-18", "close": 108.429081, "volume": 63515, "typical_volume": 203447.35, "trend": 146.776242, "fair_value": 83.84257, "relative_strength": -13.983435, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.963883, "energy": 76.145239, "activity_lines": [ 111.725372, 122.358248, 140.456575, 145.262096 ] }, { "date": "2025-04-25", "close": 132.83678, "volume": 156755, "typical_volume": 197114.75, "trend": 147.024514, "fair_value": 84.272907, "relative_strength": 0.403888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.945156, "energy": 50.496856, "activity_lines": [ 117.58645, 122.07624, 138.674063, 144.362775 ] }, { "date": "2025-05-02", "close": 143.297789, "volume": 112458, "typical_volume": 187020.3, "trend": 147.493648, "fair_value": 84.824993, "relative_strength": 4.822161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.053373, "energy": 29.302689, "activity_lines": [ 126.919209, 124.602746, 138.036895, 144.122342 ] }, { "date": "2025-05-09", "close": 139.14044, "volume": 194983, "typical_volume": 177585.75, "trend": 147.679707, "fair_value": 85.369036, "relative_strength": 1.877107, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.862608, "energy": 21.820406, "activity_lines": [ 133.411841, 126.77583, 137.143325, 143.583425 ] }, { "date": "2025-05-16", "close": 161.460266, "volume": 165092, "typical_volume": 176914.7, "trend": 148.55592, "fair_value": 86.100134, "relative_strength": 11.742645, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.933784, "energy": 19.828651, "activity_lines": [ 144.52394, 133.241574, 138.503599, 144.472493 ] }, { "date": "2025-05-23", "close": 156.599504, "volume": 88891, "typical_volume": 159714.9, "trend": 149.292928, "fair_value": 86.775828, "relative_strength": 10.741156, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 8.516413, "energy": 24.279989, "activity_lines": [ 151.046151, 138.331759, 139.444339, 144.991434 ] }, { "date": "2025-05-30", "close": 164.273916, "volume": 75537, "typical_volume": 149908.55, "trend": 150.352952, "fair_value": 87.509738, "relative_strength": 13.515951, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.864914, "energy": 33.382885, "activity_lines": [ 156.915138, 144.388789, 141.173608, 145.957949 ] }, { "date": "2025-06-06", "close": 173.76133, "volume": 74765, "typical_volume": 145109.95, "trend": 151.228049, "fair_value": 88.340551, "relative_strength": 17.452798, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.368439, "energy": 51.492394, "activity_lines": [ 163.850787, 151.59504, 143.778002, 147.468167 ] }, { "date": "2025-06-13", "close": 170.965355, "volume": 81568, "typical_volume": 141650.3, "trend": 152.228538, "fair_value": 89.190089, "relative_strength": 15.546084, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.024104, "energy": 58.220067, "activity_lines": [ 167.823541, 157.342411, 146.074657, 148.741542 ] }, { "date": "2025-06-20", "close": 170.033513, "volume": 57741, "typical_volume": 134154.35, "trend": 153.000605, "fair_value": 89.959792, "relative_strength": 14.645167, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.253046, "energy": 55.497727, "activity_lines": [ 169.364021, 161.5725, 148.320736, 149.89025 ] }, { "date": "2025-06-27", "close": 190.505401, "volume": 91799, "typical_volume": 134512.5, "trend": 154.464578, "fair_value": 90.910342, "relative_strength": 23.486542, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.782673, "energy": 67.477385, "activity_lines": [ 177.156913, 168.558973, 152.519953, 152.309914 ] }, { "date": "2025-07-04", "close": 195.061943, "volume": 67625, "typical_volume": 130045.3, "trend": 155.495351, "fair_value": 91.841894, "relative_strength": 23.943984, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.612247, "energy": 73.157139, "activity_lines": [ 184.20826, 174.881612, 157.065126, 154.929099 ] }, { "date": "2025-07-11", "close": 188.078345, "volume": 99364, "typical_volume": 127121.75, "trend": 156.011286, "fair_value": 92.759407, "relative_strength": 19.392102, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.007452, "energy": 83.266018, "activity_lines": [ 186.879205, 178.803139, 160.886304, 157.031228 ] }, { "date": "2025-07-18", "close": 191.526671, "volume": 67820, "typical_volume": 119805.3, "trend": 156.860466, "fair_value": 93.673653, "relative_strength": 20.175278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.509255, "energy": 86.07273, "activity_lines": [ 189.745125, 182.537443, 164.928059, 159.322543 ] }, { "date": "2025-07-25", "close": 194.983773, "volume": 51476, "typical_volume": 113362.75, "trend": 157.674148, "fair_value": 94.593709, "relative_strength": 19.734504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.574607, "energy": 87.775278, "activity_lines": [ 192.392658, 185.947834, 169.111023, 161.782111 ] }, { "date": "2025-08-01", "close": 187.344511, "volume": 87698, "typical_volume": 108415.35, "trend": 158.295556, "fair_value": 95.425383, "relative_strength": 17.082119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.656313, "energy": 75.779874, "activity_lines": [ 190.83042, 187.359749, 172.278003, 163.696328 ] }, { "date": "2025-08-08", "close": 199.526382, "volume": 94405, "typical_volume": 107429.4, "trend": 159.669699, "fair_value": 96.312537, "relative_strength": 20.753191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.310878, "energy": 67.896748, "activity_lines": [ 193.539531, 190.42755, 176.346528, 166.356381 ] }, { "date": "2025-08-15", "close": 202.977785, "volume": 59125, "typical_volume": 105909.5, "trend": 160.933774, "fair_value": 97.266921, "relative_strength": 20.86023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.754591, "energy": 76.825175, "activity_lines": [ 197.10148, 193.481925, 180.425095, 169.150452 ] }, { "date": "2025-08-22", "close": 196.210963, "volume": 69225, "typical_volume": 101160.9, "trend": 161.508098, "fair_value": 98.198227, "relative_strength": 15.800852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.698014, "energy": 59.738809, "activity_lines": [ 197.414526, 194.774761, 183.47113, 171.426399 ] }, { "date": "2025-08-29", "close": 198.228533, "volume": 38675, "typical_volume": 89925.85, "trend": 162.423895, "fair_value": 99.181369, "relative_strength": 16.264669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.181876, "energy": 59.73332, "activity_lines": [ 198.08781, 195.975416, 186.236088, 173.79546 ] }, { "date": "2025-09-05", "close": 208.316384, "volume": 41201, "typical_volume": 88810.15, "trend": 163.633594, "fair_value": 100.189146, "relative_strength": 20.679112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.886476, "energy": 62.06418, "activity_lines": [ 201.907393, 198.497589, 189.57459, 176.756265 ] }, { "date": "2025-09-12", "close": 216.322971, "volume": 47557, "typical_volume": 83350.25, "trend": 164.754529, "fair_value": 101.277566, "relative_strength": 22.427522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.541838, "energy": 65.158686, "activity_lines": [ 206.997713, 202.15167, 193.19997, 180.15558 ] }, { "date": "2025-09-19", "close": 228.91089, "volume": 61047, "typical_volume": 80779.7, "trend": 166.870454, "fair_value": 102.491789, "relative_strength": 26.904849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.669876, "energy": 77.152134, "activity_lines": [ 215.164234, 207.707899, 197.626646, 184.2947 ] }, { "date": "2025-09-26", "close": 219.344421, "volume": 72742, "typical_volume": 74667.65, "trend": 169.113987, "fair_value": 103.655402, "relative_strength": 21.010406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.617835, "energy": 77.111685, "activity_lines": [ 218.413059, 210.782359, 200.734549, 187.680117 ] }, { "date": "2025-10-03", "close": 218.73923, "volume": 46622, "typical_volume": 68744.15, "trend": 171.924889, "fair_value": 104.818005, "relative_strength": 18.523331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.786154, "energy": 76.118878, "activity_lines": [ 219.917922, 213.241008, 203.40289, 190.881746 ] }, { "date": "2025-10-10", "close": 211.550768, "volume": 58557, "typical_volume": 67227.45, "trend": 174.542186, "fair_value": 105.972379, "relative_strength": 16.731684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.623012, "energy": 57.659303, "activity_lines": [ 217.659252, 213.960747, 205.11386, 193.438254 ] }, { "date": "2025-10-17", "close": 217.406902, "volume": 46624, "typical_volume": 65781.8, "trend": 177.368851, "fair_value": 107.126949, "relative_strength": 17.153463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.14888, "energy": 49.467848, "activity_lines": [ 217.137, 215.305123, 207.120883, 196.20372 ] }, { "date": "2025-10-24", "close": 227.599487, "volume": 31811, "typical_volume": 63634.1, "trend": 180.90608, "fair_value": 108.335258, "relative_strength": 19.486246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.568209, "energy": 52.260164, "activity_lines": [ 219.940015, 218.177596, 209.845615, 199.444406 ] }, { "date": "2025-10-31", "close": 239.068773, "volume": 87343, "typical_volume": 63922.85, "trend": 185.647262, "fair_value": 109.672102, "relative_strength": 23.644083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.667712, "energy": 60.062412, "activity_lines": [ 226.653552, 222.687727, 213.406288, 203.196838 ] }, { "date": "2025-11-07", "close": 224.029673, "volume": 72119, "typical_volume": 64641.75, "trend": 189.217726, "fair_value": 110.869126, "relative_strength": 17.111252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.063834, "energy": 50.31216, "activity_lines": [ 227.039099, 223.684242, 215.210363, 205.673122 ] }, { "date": "2025-11-14", "close": 221.687273, "volume": 49708, "typical_volume": 62537.2, "trend": 192.992999, "fair_value": 112.071071, "relative_strength": 15.050857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.092974, "energy": 45.579353, "activity_lines": [ 226.29115, 223.785756, 216.534228, 207.767932 ] }, { "date": "2025-11-21", "close": 206.988186, "volume": 89960, "typical_volume": 63653.95, "trend": 195.464713, "fair_value": 113.177495, "relative_strength": 9.053632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.604416, "energy": 27.70562, "activity_lines": [ 219.967738, 220.971601, 216.309695, 208.670847 ] }, { "date": "2025-11-28", "close": 227.996939, "volume": 39289, "typical_volume": 60650.2, "trend": 198.288018, "fair_value": 114.407849, "relative_strength": 15.168286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.47172, "energy": 24.179177, "activity_lines": [ 221.341825, 222.146942, 218.029204, 210.7697 ] }, { "date": "2025-12-05", "close": 227.635364, "volume": 49700, "typical_volume": 59744.2, "trend": 201.237848, "fair_value": 115.658433, "relative_strength": 14.155406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.047266, "energy": 23.897157, "activity_lines": [ 222.56889, 223.27316, 219.524188, 212.663077 ] }, { "date": "2025-12-12", "close": 214.917374, "volume": 52268, "typical_volume": 59783.8, "trend": 203.019752, "fair_value": 116.843978, "relative_strength": 8.211935, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.186368, "energy": 16.415392, "activity_lines": [ 220.318853, 221.936272, 219.63599, 213.545627 ] }, { "date": "2025-12-19", "close": 207.083964, "volume": 109718, "typical_volume": 60884.8, "trend": 204.702567, "fair_value": 117.998423, "relative_strength": 4.004493, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.679771, "energy": 10.574956, "activity_lines": [ 216.065165, 219.244616, 218.90683, 213.807835 ] }, { "date": "2025-12-26", "close": 212.238322, "volume": 27117, "typical_volume": 57520.4, "trend": 206.301381, "fair_value": 119.187521, "relative_strength": 4.972056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.538258, "energy": 9.759782, "activity_lines": [ 214.50315, 217.57133, 218.574564, 214.294012 ] }, { "date": "2026-01-02", "close": 198.922395, "volume": 34284, "typical_volume": 56278.35, "trend": 207.140083, "fair_value": 120.304223, "relative_strength": -0.604242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.668406, "energy": 17.349894, "activity_lines": [ 208.152484, 213.570941, 216.913582, 213.817949 ] }, { "date": "2026-01-09", "close": 204.934033, "volume": 43939, "typical_volume": 55014.05, "trend": 208.272372, "fair_value": 121.430711, "relative_strength": 0.663488, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.511688, "energy": 29.078384, "activity_lines": [ 205.744001, 211.184978, 215.844448, 213.675623 ] }, { "date": "2026-01-16", "close": 197.237541, "volume": 71625, "typical_volume": 56661.55, "trend": 209.179173, "fair_value": 122.501661, "relative_strength": -2.815925, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.177973, "energy": 42.911639, "activity_lines": [ 202.283442, 208.020285, 214.000776, 212.963698 ] }, { "date": "2026-01-23", "close": 193.100179, "volume": 56968, "typical_volume": 57449.9, "trend": 209.265666, "fair_value": 123.510004, "relative_strength": -4.408355, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.42498, "energy": 53.097645, "activity_lines": [ 198.622418, 204.590474, 211.767789, 211.926344 ] }, { "date": "2026-01-30", "close": 191.395386, "volume": 67532, "typical_volume": 58448.65, "trend": 209.143447, "fair_value": 124.48994, "relative_strength": -5.562663, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.854561, "energy": 51.032237, "activity_lines": [ 195.325382, 201.370466, 209.444898, 210.773423 ] }, { "date": "2026-02-06", "close": 174.187946, "volume": 124189, "typical_volume": 61605.75, "trend": 208.680434, "fair_value": 125.370285, "relative_strength": -13.672652, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.887607, "energy": 75.644153, "activity_lines": [ 187.682062, 195.305339, 205.601907, 208.518229 ] }, { "date": "2026-02-13", "close": 163.380956, "volume": 57974, "typical_volume": 60867.35, "trend": 207.742243, "fair_value": 126.182425, "relative_strength": -17.630785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.840641, "energy": 85.520126, "activity_lines": [ 178.085375, 188.253649, 200.990264, 205.595682 ] }, { "date": "2026-02-20", "close": 169.093507, "volume": 39463, "typical_volume": 60509.4, "trend": 206.879235, "fair_value": 127.045125, "relative_strength": -15.512158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.3453, "energy": 85.242884, "activity_lines": [ 173.163077, 183.408866, 197.189166, 203.102215 ] }, { "date": "2026-02-27", "close": 169.332776, "volume": 42865, "typical_volume": 59724.8, "trend": 206.278843, "fair_value": 127.897476, "relative_strength": -14.900507, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.855691, "energy": 85.491997, "activity_lines": [ 170.196804, 179.440749, 193.647264, 200.679863 ] }, { "date": "2026-03-06", "close": 178.658491, "volume": 43730, "typical_volume": 59580.1, "trend": 205.583247, "fair_value": 128.831625, "relative_strength": -8.575745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.589726, "energy": 75.063595, "activity_lines": [ 171.923596, 177.854601, 191.194563, 198.897905 ] }, { "date": "2026-03-13", "close": 171.745407, "volume": 34875, "typical_volume": 59733.3, "trend": 204.542168, "fair_value": 129.68357, "relative_strength": -10.893392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.341651, "energy": 53.68355, "activity_lines": [ 172.195153, 175.622071, 188.26799, 196.714818 ] }, { "date": "2026-03-20", "close": 161.636285, "volume": 25339, "typical_volume": 56633.1, "trend": 203.389679, "fair_value": 130.454983, "relative_strength": -14.66497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.000402, "energy": 56.784288, "activity_lines": [ 169.259839, 172.045646, 184.644615, 193.946697 ] }, { "date": "2026-03-27", "close": 143.77, "volume": 87681, "typical_volume": 57411.2, "trend": 201.574394, "fair_value": 131.089322, "relative_strength": -22.392691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.566413, "energy": 63.188201, "activity_lines": [ 160.485408, 166.008037, 179.688415, 190.100266 ] }, { "date": "2026-04-03", "close": 159.3721, "volume": 45456, "typical_volume": 57198.6, "trend": 199.942918, "fair_value": 131.835851, "relative_strength": -17.090745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.151132, "energy": 55.72833, "activity_lines": [ 158.599911, 163.779311, 176.600318, 187.377537 ] }, { "date": "2026-04-10", "close": 178.6927, "volume": 39358, "typical_volume": 54668.5, "trend": 198.688576, "fair_value": 132.708565, "relative_strength": -10.516361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.911661, "energy": 46.984844, "activity_lines": [ 163.818658, 165.67666, 175.649017, 186.006555 ] }, { "date": "2026-04-17", "close": 204.2122, "volume": 63943, "typical_volume": 55901.2, "trend": 197.865286, "fair_value": 133.754243, "relative_strength": -2.659653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.689974, "energy": 15.179796, "activity_lines": [ 177.541626, 172.444875, 177.262885, 186.362918 ] }, { "date": "2026-04-24", "close": 209.553179, "volume": 35081, "typical_volume": 55170.25, "trend": 197.538911, "fair_value": 134.819784, "relative_strength": -0.964629, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.745701, "energy": 23.519794, "activity_lines": [ 190.880466, 179.638281, 179.498679, 187.116976 ] }, { "date": "2026-05-01", "close": 212.74767, "volume": 40590, "typical_volume": 54586.35, "trend": 197.339193, "fair_value": 135.901393, "relative_strength": -0.645597, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.488915, "energy": 41.876414, "activity_lines": [ 202.089678, 186.57301, 182.124816, 188.098186 ] }, { "date": "2026-05-08", "close": 235.535882, "volume": 42838, "typical_volume": 51242.35, "trend": 198.138696, "fair_value": 137.111373, "relative_strength": 6.981767, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.368092, "energy": 68.146254, "activity_lines": [ 216.296448, 196.857337, 186.93159, 190.562489 ] }, { "date": "2026-05-15", "close": 233.853002, "volume": 37376, "typical_volume": 51755.3, "trend": 198.6869, "fair_value": 138.2735, "relative_strength": 5.711815, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.354768, "energy": 74.19517, "activity_lines": [ 224.864674, 205.631994, 191.442605, 192.866638 ] }, { "date": "2026-05-22", "close": 233.317364, "volume": 38730, "typical_volume": 51977.6, "trend": 198.877496, "fair_value": 139.393791, "relative_strength": 4.290524, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.422574, "energy": 76.080274, "activity_lines": [ 229.577, 213.305725, 195.799679, 195.100861 ] }, { "date": "2026-05-29", "close": 265.198072, "volume": 33123, "typical_volume": 51436.8, "trend": 199.748472, "fair_value": 140.694218, "relative_strength": 16.330358, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.668841, "energy": 85.137907, "activity_lines": [ 242.975884, 225.656458, 203.029226, 199.379608 ] }, { "date": "2026-06-05", "close": 227.114704, "volume": 78132, "typical_volume": 51762.15, "trend": 199.851307, "fair_value": 141.742702, "relative_strength": 2.086866, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.885202, "energy": 65.192089, "activity_lines": [ 239.970652, 229.200001, 206.344814, 201.145171 ] }, { "date": "2026-06-12", "close": 222.315391, "volume": 42298, "typical_volume": 51028.65, "trend": 199.872244, "fair_value": 142.727908, "relative_strength": -0.699907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.04317, "energy": 50.696931, "activity_lines": [ 234.407848, 230.355584, 209.061052, 202.594467 ] }, { "date": "2026-06-19", "close": 240.828764, "volume": 22114, "typical_volume": 48757.75, "trend": 201.000263, "fair_value": 143.842359, "relative_strength": 6.354249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.140761, "energy": 49.946801, "activity_lines": [ 235.897534, 233.732811, 213.401348, 205.236823 ] }, { "date": "2026-06-26", "close": 212.6124, "volume": 67128, "typical_volume": 45904.7, "trend": 200.487445, "fair_value": 144.767744, "relative_strength": -3.688594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.955314, "energy": 26.719431, "activity_lines": [ 227.516714, 230.850043, 214.818975, 205.985993 ] }, { "date": "2026-07-03", "close": 225.753, "volume": 23167, "typical_volume": 44164.35, "trend": 200.4247, "fair_value": 145.778737, "relative_strength": 0.173901, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.647476, "energy": 23.338226, "activity_lines": [ 224.896425, 230.203744, 217.305114, 207.616029 ] }, { "date": "2026-07-10", "close": 237.9627, "volume": 16366, "typical_volume": 43009.5, "trend": 201.192877, "fair_value": 146.837765, "relative_strength": 4.1013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.170915, "energy": 29.797932, "activity_lines": [ 228.975708, 231.482849, 220.657071, 210.037836 ] }, { "date": "2026-07-17", "close": 227.6698, "volume": 20146, "typical_volume": 41873.55, "trend": 201.879072, "fair_value": 147.864409, "relative_strength": 1.175375, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.01835, "energy": 22.662657, "activity_lines": [ 228.900824, 230.432062, 222.700804, 211.746024 ] }, { "date": "2026-07-24", "close": 216.9894, "volume": 16149, "typical_volume": 40494.5, "trend": 202.037441, "fair_value": 148.793708, "relative_strength": -2.904656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.096107, "energy": 21.698252, "activity_lines": [ 224.908847, 227.582404, 223.449561, 212.720884 ] }, { "date": "2026-07-31", "close": 229.0439, "volume": 13594, "typical_volume": 39430.45, "trend": 203.041491, "fair_value": 149.822514, "relative_strength": 1.365514, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.718339, "energy": 22.557828, "activity_lines": [ 226.524327, 227.231084, 225.163837, 214.463236 ] }, { "date": "2026-08-07", "close": 267.73, "volume": 28187, "typical_volume": 39572.85, "trend": 205.13469, "fair_value": 151.132406, "relative_strength": 14.25193, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.931347, "energy": 42.616243, "activity_lines": [ 239.93974, 233.9913, 230.289654, 218.636688 ] } ], "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." } } }