{ "ticker": { "uuid": "c1d8e4a8-e425-43be-bc36-35c43fbb84ed", "symbol": "HLBN", "name": "Holcim AG", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 63.622, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": -6.049, "architecture_energy": 16.302, "architecture_maturity": 18.841, "architecture_confidence": 65.396, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 65.26, "rotation_up": 17.24, "upward_expansion": 47.83, "deceleration": 83.07, "rotation_down": 40.22, "downward_expansion": 28.17 }, "activity_lines": [ 78.522667, 79.954182, 80.157375, 78.943592 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 75.919998, "trend_reference": 78.352036, "distance_from_trend": -0.03104, "trend_direction": "Improving", "fair_value": 41.775101, "distance_from_fair_value": 0.81735, "fair_value_direction": "Weakening", "relative_strength": -8.527164, "relative_strength_direction": "Weakening", "price_momentum": -0.071008, "excess_performance": -0.135647, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.03104, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.007377, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.81735, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.356195, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.085272, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.187565, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.071008, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.385055, "read": "Supply-led" } ], "volume": { "latest": 14077, "relative_activity": 2.479065, "balance": 0.385055, "dry_up": 2.357243, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.046991, "annualized_volatility": 0.279834, "from_high_reference": -0.135219, "from_low_reference": 0.149198 }, "levels": { "trend_reference": 78.352036, "fair_value_reference": 41.775101, "structural_low": 66.063471, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.035338, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.017644, "regime_survival": 0.5, "best_return": 0.043187, "worst_return": 0.027489, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.03027, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.009931, "regime_survival": 0.0, "best_return": 0.03027, "worst_return": 0.03027, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2022-07-15", "end": "2023-05-12", "tenure": "Developing", "return": 0.13083, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-05-19", "end": "2023-07-07", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-07-14", "end": "2024-05-17", "tenure": "Developing", "return": 0.148866, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-07-12", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2025-05-02", "tenure": "Developing", "return": 1.366197, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-10-10", "tenure": "Established", "return": 0.46155, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": 0.080482, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-02-13", "tenure": "Established", "return": 0.019868, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.153922, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.15175, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-22", "tenure": "Developing", "return": 0.043187, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": -0.040922, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.058641, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 17.329922, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 17.415917, "fair_value": 15.535449, "relative_strength": 0.998092, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 93.175005, "energy": 97.404388, "activity_lines": [ 18.189868, 17.798983, 17.575621, 17.496363 ] }, { "date": "2024-05-24", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 17.501911, "fair_value": 15.57484, "relative_strength": 1.093096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.654979, "energy": 98.127424, "activity_lines": [ 18.877825, 18.221139, 17.809035, 17.657256 ] }, { "date": "2024-05-31", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 17.587906, "fair_value": 15.614232, "relative_strength": 2.167368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.222745, "energy": 98.327927, "activity_lines": [ 19.393792, 18.596388, 18.030164, 17.812601 ] }, { "date": "2024-06-07", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 17.6739, "fair_value": 15.653623, "relative_strength": 1.866097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.881848, "energy": 95.058646, "activity_lines": [ 19.737771, 18.924731, 18.239008, 17.962398 ] }, { "date": "2024-06-14", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 17.759895, "fair_value": 15.693014, "relative_strength": 4.918885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.33332, "energy": 88.566636, "activity_lines": [ 19.90976, 19.206168, 18.435567, 18.106647 ] }, { "date": "2024-06-21", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 17.84589, "fair_value": 15.732405, "relative_strength": 3.983379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.333088, "energy": 88.564145, "activity_lines": [ 19.90976, 19.440699, 18.619841, 18.245348 ] }, { "date": "2024-06-28", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 17.931884, "fair_value": 15.771797, "relative_strength": 3.538053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.997197, "energy": 68.093185, "activity_lines": [ 19.90976, 19.628323, 18.79183, 18.378501 ] }, { "date": "2024-07-05", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 18.017879, "fair_value": 15.811188, "relative_strength": 2.254641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.64797, "energy": 67.587857, "activity_lines": [ 19.90976, 19.769042, 18.951534, 18.506106 ] }, { "date": "2024-07-12", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 18.103873, "fair_value": 15.850579, "relative_strength": 0.793067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.260857, "energy": 66.99037, "activity_lines": [ 19.90976, 19.862854, 19.098954, 18.628163 ] }, { "date": "2024-07-19", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 18.189868, "fair_value": 15.88997, "relative_strength": 3.943065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.33674, "energy": 64.727983, "activity_lines": [ 19.90976, 19.90976, 19.234088, 18.744672 ] }, { "date": "2024-07-26", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 18.275863, "fair_value": 15.929362, "relative_strength": 2.503007, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.133789, "energy": 64.235081, "activity_lines": [ 19.90976, 19.90976, 19.356938, 18.855633 ] }, { "date": "2024-08-02", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 18.361857, "fair_value": 15.968753, "relative_strength": 6.812918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.794728, "energy": 63.413933, "activity_lines": [ 19.90976, 19.90976, 19.467502, 18.961045 ] }, { "date": "2024-08-09", "close": 19.90976, "volume": 0, "typical_volume": 0.0, "trend": 18.447852, "fair_value": 16.008144, "relative_strength": 6.385492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.331599, "energy": 62.301175, "activity_lines": [ 19.90976, 19.90976, 19.565782, 19.06091 ] }, { "date": "2024-08-16", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 19.90976, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 47.110413, "volume": 4329, "typical_volume": 216.45, "trend": 20.816448, "fair_value": 17.679374, "relative_strength": 98.791248, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 93.175005, "energy": 97.404388, "activity_lines": [ 28.976644, 24.855333, 22.500298, 21.664641 ] }, { "date": "2025-05-09", "close": 47.437569, "volume": 1623, "typical_volume": 297.6, "trend": 21.734042, "fair_value": 17.885224, "relative_strength": 92.701495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.654173, "energy": 98.126756, "activity_lines": [ 36.339204, 29.365832, 24.992468, 23.382132 ] }, { "date": "2025-05-16", "close": 48.746197, "volume": 2318, "typical_volume": 413.5, "trend": 22.695257, "fair_value": 18.099463, "relative_strength": 92.301072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.480905, "energy": 98.418248, "activity_lines": [ 42.302785, 33.613758, 27.478183, 25.124852 ] }, { "date": "2025-05-23", "close": 50.09227, "volume": 1733, "typical_volume": 500.15, "trend": 23.70134, "fair_value": 18.32233, "relative_strength": 95.054228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.527358, "energy": 97.034567, "activity_lines": [ 46.792629, 37.582125, 29.95478, 26.892401 ] }, { "date": "2025-05-30", "close": 48.344753, "volume": 4171, "typical_volume": 708.7, "trend": 24.649173, "fair_value": 18.533996, "relative_strength": 82.336431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.33321, "energy": 88.566394, "activity_lines": [ 48.687799, 40.683989, 32.12122, 28.482299 ] }, { "date": "2025-06-06", "close": 50.141914, "volume": 7429, "typical_volume": 1080.15, "trend": 25.656912, "fair_value": 18.757181, "relative_strength": 83.562286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.146007, "energy": 90.576877, "activity_lines": [ 49.286357, 43.59561, 34.323414, 30.126992 ] }, { "date": "2025-06-13", "close": 49.397232, "volume": 7643, "typical_volume": 1462.3, "trend": 26.639828, "fair_value": 18.975593, "relative_strength": 83.770091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.318797, "energy": 68.531526, "activity_lines": [ 49.434587, 45.822158, 36.310723, 31.658626 ] }, { "date": "2025-06-20", "close": 49.407166, "volume": 7695, "typical_volume": 1847.05, "trend": 27.623074, "fair_value": 19.194069, "relative_strength": 81.988918, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.913971, "energy": 67.891308, "activity_lines": [ 49.455485, 47.514377, 38.158561, 33.127486 ] }, { "date": "2025-06-27", "close": 62.187748, "volume": 49546, "typical_volume": 4324.35, "trend": 29.032341, "fair_value": 19.494471, "relative_strength": 117.185608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.149732, "energy": 77.578213, "activity_lines": [ 53.692512, 50.994021, 41.083134, 35.357465 ] }, { "date": "2025-07-04", "close": 60.954563, "volume": 4425, "typical_volume": 4545.6, "trend": 30.400501, "fair_value": 19.786969, "relative_strength": 110.044152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.715874, "energy": 75.062795, "activity_lines": [ 56.712112, 53.48076, 43.688937, 37.416963 ] }, { "date": "2025-07-11", "close": 66.357094, "volume": 2763, "typical_volume": 4683.75, "trend": 31.948745, "fair_value": 20.114098, "relative_strength": 118.485421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.497649, "energy": 76.466449, "activity_lines": [ 60.691902, 56.203507, 46.613816, 39.736743 ] }, { "date": "2025-07-18", "close": 67.218361, "volume": 889, "typical_volume": 4728.2, "trend": 33.525699, "fair_value": 20.446748, "relative_strength": 115.477217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.086816, "energy": 73.959653, "activity_lines": [ 63.877769, 58.732909, 49.399542, 42.012202 ] }, { "date": "2025-07-25", "close": 68.216652, "volume": 1631, "typical_volume": 4809.75, "trend": 35.135928, "fair_value": 20.785797, "relative_strength": 113.771357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.276707, "energy": 72.157676, "activity_lines": [ 66.208324, 61.084168, 52.055064, 44.250328 ] }, { "date": "2025-08-01", "close": 66.180923, "volume": 1447, "typical_volume": 4882.1, "trend": 36.6783, "fair_value": 21.111797, "relative_strength": 109.215453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.656758, "energy": 89.001148, "activity_lines": [ 66.606337, 62.711286, 54.286674, 46.253231 ] }, { "date": "2025-08-08", "close": 70.702591, "volume": 1621, "typical_volume": 4963.15, "trend": 38.371395, "fair_value": 21.466782, "relative_strength": 111.269406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.827305, "energy": 94.457325, "activity_lines": [ 68.245361, 64.868004, 56.728581, 48.448347 ] }, { "date": "2025-08-15", "close": 70.193665, "volume": 1985, "typical_volume": 5062.4, "trend": 40.047525, "fair_value": 21.818504, "relative_strength": 102.997853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.791115, "energy": 91.09043, "activity_lines": [ 69.064875, 66.525684, 58.880148, 50.501397 ] }, { "date": "2025-08-22", "close": 69.997917, "volume": 2014, "typical_volume": 5163.1, "trend": 41.71713, "fair_value": 22.168972, "relative_strength": 97.570166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.852785, "energy": 88.953361, "activity_lines": [ 69.563368, 67.783196, 60.773625, 52.43368 ] }, { "date": "2025-08-29", "close": 69.997917, "volume": 1495, "typical_volume": 5237.85, "trend": 43.386736, "fair_value": 22.519439, "relative_strength": 96.506065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.461591, "energy": 68.978866, "activity_lines": [ 69.876557, 68.666151, 62.428587, 54.258247 ] }, { "date": "2025-09-05", "close": 69.939194, "volume": 5781, "typical_volume": 5526.9, "trend": 45.054383, "fair_value": 22.869531, "relative_strength": 94.180077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.925196, "energy": 67.590534, "activity_lines": [ 70.051421, 69.164051, 63.839442, 55.971309 ] }, { "date": "2025-09-12", "close": 72.894928, "volume": 5249, "typical_volume": 5789.35, "trend": 46.820556, "fair_value": 23.238569, "relative_strength": 96.542073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.69446, "energy": 72.315805, "activity_lines": [ 70.960978, 70.058422, 65.293559, 57.767473 ] }, { "date": "2025-09-19", "close": 72.405571, "volume": 1078, "typical_volume": 5626.8, "trend": 48.570416, "fair_value": 23.60447, "relative_strength": 91.014988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.015881, "energy": 69.111354, "activity_lines": [ 71.56126, 70.646721, 66.448761, 59.418119 ] }, { "date": "2025-09-26", "close": 70.546005, "volume": 936, "typical_volume": 5592.45, "trend": 50.258291, "fair_value": 23.958451, "relative_strength": 81.091271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.656774, "energy": 66.968672, "activity_lines": [ 71.394227, 70.786945, 67.306408, 60.835899 ] }, { "date": "2025-10-03", "close": 68.236229, "volume": 2383, "typical_volume": 5595.7, "trend": 51.869173, "fair_value": 24.297626, "relative_strength": 67.125846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.371642, "energy": 61.236915, "activity_lines": [ 70.420729, 70.446708, 67.834036, 61.995766 ] }, { "date": "2025-10-10", "close": 69.33239, "volume": 5276, "typical_volume": 5772.85, "trend": 53.516594, "fair_value": 24.643827, "relative_strength": 67.253516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.451357, "energy": 57.153561, "activity_lines": [ 69.930063, 70.305416, 68.373251, 63.122425 ] }, { "date": "2025-10-17", "close": 69.802177, "volume": 3510, "typical_volume": 5739.8, "trend": 55.179675, "fair_value": 24.99304, "relative_strength": 67.673845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.599223, "energy": 51.086121, "activity_lines": [ 69.636448, 70.192241, 68.865588, 64.173108 ] }, { "date": "2025-10-24", "close": 73.951935, "volume": 3763, "typical_volume": 5556.5, "trend": 56.98108, "fair_value": 25.368854, "relative_strength": 70.831716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 82.605531, "energy": 65.408719, "activity_lines": [ 70.932268, 70.849938, 69.650961, 65.384221 ] }, { "date": "2025-10-31", "close": 75.420013, "volume": 2887, "typical_volume": 5318.7, "trend": 58.831422, "fair_value": 25.754079, "relative_strength": 72.347457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 84.741841, "energy": 71.495438, "activity_lines": [ 72.614356, 71.706227, 70.462771, 66.57383 ] }, { "date": "2025-11-07", "close": 73.893219, "volume": 3012, "typical_volume": 5084.55, "trend": 60.630871, "fair_value": 26.129516, "relative_strength": 67.929556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.289408, "energy": 67.545609, "activity_lines": [ 73.46258, 72.186333, 71.005253, 67.545559 ] }, { "date": "2025-11-14", "close": 75.90937, "volume": 2660, "typical_volume": 2740.25, "trend": 62.497525, "fair_value": 26.517878, "relative_strength": 66.618443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.863536, "energy": 70.866951, "activity_lines": [ 74.605721, 72.962188, 71.62315, 68.531268 ] }, { "date": "2025-11-21", "close": 74.069389, "volume": 6279, "typical_volume": 2832.95, "trend": 64.302846, "fair_value": 26.894445, "relative_strength": 64.494839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.852266, "energy": 62.447396, "activity_lines": [ 74.69707, 73.294952, 72.000469, 69.27784 ] }, { "date": "2025-11-28", "close": 78.688934, "volume": 7066, "typical_volume": 3048.1, "trend": 65.355463, "fair_value": 27.300624, "relative_strength": 65.559143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.173976, "energy": 67.754664, "activity_lines": [ 76.043786, 74.446281, 72.755294, 70.205975 ] }, { "date": "2025-12-05", "close": 78.454048, "volume": 7221, "typical_volume": 3364.7, "trend": 66.389346, "fair_value": 27.705298, "relative_strength": 60.214413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.369593, "energy": 66.114706, "activity_lines": [ 76.996407, 75.440659, 73.429025, 71.051045 ] }, { "date": "2025-12-12", "close": 79.315315, "volume": 4247, "typical_volume": 3495.5, "trend": 67.408316, "fair_value": 28.115492, "relative_strength": 57.489316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.443668, "energy": 66.664924, "activity_lines": [ 78.033848, 76.447849, 74.131279, 71.884979 ] }, { "date": "2025-12-19", "close": 80.82254, "volume": 5823, "typical_volume": 3714.3, "trend": 68.432658, "fair_value": 28.535349, "relative_strength": 56.447408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.095429, "energy": 74.410116, "activity_lines": [ 79.212224, 77.527642, 74.924227, 72.750412 ] }, { "date": "2025-12-26", "close": 81.625092, "volume": 1183, "typical_volume": 3692.4, "trend": 69.542003, "fair_value": 28.960349, "relative_strength": 54.375394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.911719, "energy": 84.503729, "activity_lines": [ 80.330573, 78.544442, 75.723886, 73.601537 ] }, { "date": "2026-01-02", "close": 83.171471, "volume": 2363, "typical_volume": 3711.3, "trend": 70.642988, "fair_value": 29.395263, "relative_strength": 52.791074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.571837, "energy": 87.94688, "activity_lines": [ 81.460668, 79.627439, 76.618808, 74.480858 ] }, { "date": "2026-01-09", "close": 83.836998, "volume": 10307, "typical_volume": 4125.95, "trend": 71.79098, "fair_value": 29.834443, "relative_strength": 46.643024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.795236, "energy": 86.544586, "activity_lines": [ 82.51377, 80.663813, 77.515314, 75.332084 ] }, { "date": "2026-01-16", "close": 82.016579, "volume": 4745, "typical_volume": 4288.45, "trend": 72.877961, "fair_value": 30.261953, "relative_strength": 40.523545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.085862, "energy": 74.297413, "activity_lines": [ 82.601202, 81.216166, 78.172547, 75.9918 ] }, { "date": "2026-01-23", "close": 84.561249, "volume": 3965, "typical_volume": 4197.65, "trend": 73.623744, "fair_value": 30.705775, "relative_strength": 44.226285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.039536, "energy": 69.14551, "activity_lines": [ 83.356773, 82.083489, 79.014897, 76.745561 ] }, { "date": "2026-01-30", "close": 84.894005, "volume": 5966, "typical_volume": 4233.5, "trend": 74.421726, "fair_value": 31.151731, "relative_strength": 43.939192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.201708, "energy": 67.310913, "activity_lines": [ 83.974015, 82.854006, 79.81931, 77.472674 ] }, { "date": "2026-02-06", "close": 81.722961, "volume": 5309, "typical_volume": 4445.05, "trend": 74.933921, "fair_value": 31.577359, "relative_strength": 34.956092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.559336, "energy": 51.103761, "activity_lines": [ 83.316315, 82.851158, 80.26458, 77.943722 ] }, { "date": "2026-02-13", "close": 75.361298, "volume": 7798, "typical_volume": 4788.15, "trend": 75.205352, "fair_value": 31.962207, "relative_strength": 21.443652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.410569, "energy": 21.878889, "activity_lines": [ 80.634628, 81.636481, 80.059608, 77.971294 ] }, { "date": "2026-02-20", "close": 79.099998, "volume": 5957, "typical_volume": 4966.85, "trend": 75.568131, "fair_value": 32.371022, "relative_strength": 23.587897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.118452, "energy": 21.484248, "activity_lines": [ 79.764222, 81.157798, 80.187774, 78.222562 ] }, { "date": "2026-02-27", "close": 76.477036, "volume": 10520, "typical_volume": 5229.05, "trend": 75.911334, "fair_value": 32.763022, "relative_strength": 17.468697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.66117, "energy": 21.261274, "activity_lines": [ 78.213933, 80.206129, 80.014401, 78.281201 ] }, { "date": "2026-03-06", "close": 70.546005, "volume": 8627, "typical_volume": 5484.9, "trend": 75.906115, "fair_value": 33.117003, "relative_strength": 14.321579, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.423195, "energy": 41.487014, "activity_lines": [ 75.225581, 78.255099, 79.242146, 77.935051 ] }, { "date": "2026-03-13", "close": 66.924744, "volume": 9740, "typical_volume": 5783.75, "trend": 75.797151, "fair_value": 33.447771, "relative_strength": 7.546144, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.356016, "energy": 64.313696, "activity_lines": [ 71.986676, 75.847096, 78.121467, 77.355607 ] }, { "date": "2026-03-20", "close": 68.236229, "volume": 8613, "typical_volume": 6070.05, "trend": 75.738428, "fair_value": 33.786946, "relative_strength": 13.096155, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.592352, "energy": 68.161955, "activity_lines": [ 70.17148, 73.97294, 77.159155, 76.867806 ] }, { "date": "2026-03-27", "close": 69.195366, "volume": 8890, "typical_volume": 6363.95, "trend": 75.711676, "fair_value": 34.132269, "relative_strength": 13.302995, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.463983, "energy": 67.668971, "activity_lines": [ 69.151002, 72.556823, 76.322397, 76.445673 ] }, { "date": "2026-04-03", "close": 71.094086, "volume": 3986, "typical_volume": 6430.25, "trend": 75.750173, "fair_value": 34.489763, "relative_strength": 10.422427, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.174738, "energy": 58.092489, "activity_lines": [ 69.423738, 71.71904, 75.68884, 76.147764 ] }, { "date": "2026-04-10", "close": 76.633629, "volume": 7586, "typical_volume": 6495.6, "trend": 75.874796, "fair_value": 34.882767, "relative_strength": 14.076849, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.733145, "energy": 25.587518, "activity_lines": [ 71.901853, 72.133305, 75.605789, 76.204761 ] }, { "date": "2026-04-17", "close": 78.591064, "volume": 5184, "typical_volume": 6401.5, "trend": 76.080979, "fair_value": 35.288319, "relative_strength": 11.03942, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.828639, "energy": 8.884079, "activity_lines": [ 74.626604, 73.053656, 75.696949, 76.380004 ] }, { "date": "2026-04-24", "close": 77.416603, "volume": 4950, "typical_volume": 6287.95, "trend": 76.309999, "fair_value": 35.686343, "relative_strength": 10.266664, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.203788, "energy": 17.198897, "activity_lines": [ 76.182113, 73.817412, 75.676722, 76.466173 ] }, { "date": "2026-05-01", "close": 77.514473, "volume": 3417, "typical_volume": 6246.45, "trend": 76.619274, "fair_value": 36.084993, "relative_strength": 8.835997, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.598325, "energy": 18.997908, "activity_lines": [ 77.158221, 74.561593, 75.670756, 76.543881 ] }, { "date": "2026-05-08", "close": 79.295738, "volume": 6786, "typical_volume": 6294.6, "trend": 76.951385, "fair_value": 36.48221, "relative_strength": 10.229377, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.874225, "energy": 22.421802, "activity_lines": [ 78.173477, 75.658468, 75.84301, 76.716556 ] }, { "date": "2026-05-15", "close": 78.18, "volume": 2992, "typical_volume": 6385.05, "trend": 77.230646, "fair_value": 36.872275, "relative_strength": 9.574281, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.207431, "energy": 21.859316, "activity_lines": [ 78.270043, 76.501233, 75.916274, 76.795822 ] }, { "date": "2026-05-22", "close": 80.760002, "volume": 3811, "typical_volume": 6457.45, "trend": 77.457582, "fair_value": 37.278878, "relative_strength": 8.139124, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.330453, "energy": 33.084862, "activity_lines": [ 79.123518, 77.674289, 76.251658, 77.023522 ] }, { "date": "2026-05-29", "close": 85.040001, "volume": 2488, "typical_volume": 6066.5, "trend": 77.778248, "fair_value": 37.712917, "relative_strength": 11.905175, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.656423, "energy": 53.809562, "activity_lines": [ 81.259064, 79.373977, 77.006143, 77.512711 ] }, { "date": "2026-06-05", "close": 81.300003, "volume": 514, "typical_volume": 5854.95, "trend": 78.025141, "fair_value": 38.122981, "relative_strength": 7.642518, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.322832, "energy": 47.783426, "activity_lines": [ 81.639718, 80.088142, 77.39871, 77.739921 ] }, { "date": "2026-06-12", "close": 80.879997, "volume": 4409, "typical_volume": 5877.15, "trend": 78.190828, "fair_value": 38.530354, "relative_strength": 6.827964, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.521042, "energy": 47.096827, "activity_lines": [ 81.628, 80.505858, 77.754688, 77.924105 ] }, { "date": "2026-06-19", "close": 82.980003, "volume": 106, "typical_volume": 5584.15, "trend": 78.487849, "fair_value": 38.951187, "relative_strength": 7.25526, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.560711, "energy": 51.012622, "activity_lines": [ 82.210668, 81.127467, 78.328197, 78.233084 ] }, { "date": "2026-06-26", "close": 81.559998, "volume": 926, "typical_volume": 5365.0, "trend": 78.583551, "fair_value": 39.362919, "relative_strength": 6.289952, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.145629, "energy": 30.670552, "activity_lines": [ 82.0, 81.375505, 78.775581, 78.431287 ] }, { "date": "2026-07-03", "close": 83.900002, "volume": 1232, "typical_volume": 5036.7, "trend": 78.765083, "fair_value": 39.78965, "relative_strength": 4.193797, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.834762, "energy": 46.361373, "activity_lines": [ 82.516001, 81.995018, 79.446599, 78.774284 ] }, { "date": "2026-07-10", "close": 80.400002, "volume": 2749, "typical_volume": 4876.3, "trend": 78.801239, "fair_value": 40.193945, "relative_strength": 2.38684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.85486, "energy": 36.431481, "activity_lines": [ 81.941334, 81.860287, 79.743623, 78.879763 ] }, { "date": "2026-07-17", "close": 81.32, "volume": 12593, "typical_volume": 4979.95, "trend": 78.817821, "fair_value": 40.604138, "relative_strength": 4.218403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.208723, "energy": 28.192123, "activity_lines": [ 81.733334, 81.840364, 80.122076, 79.042263 ] }, { "date": "2026-07-24", "close": 79.760002, "volume": 6139, "typical_volume": 4855.55, "trend": 78.755651, "fair_value": 41.004331, "relative_strength": 0.904675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.479929, "energy": 22.744581, "activity_lines": [ 80.976001, 81.500001, 80.328895, 79.103049 ] }, { "date": "2026-07-31", "close": 78.98, "volume": 20732, "typical_volume": 5405.15, "trend": 78.615936, "fair_value": 41.399524, "relative_strength": -2.302335, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.024746, "energy": 18.704839, "activity_lines": [ 80.173334, 80.989092, 80.417553, 79.117523 ] }, { "date": "2026-08-07", "close": 75.919998, "volume": 14077, "typical_volume": 5678.35, "trend": 78.352036, "fair_value": 41.775101, "relative_strength": -8.527164, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.048666, "energy": 16.302357, "activity_lines": [ 78.522667, 79.954182, 80.157375, 78.943592 ] } ], "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." } } }