{ "ticker": { "uuid": "ca5c1e2e-7883-41ae-9c21-243b2afc4dc7", "symbol": "HEIA", "name": "Heineken N.V.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 48.657, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 71.669, "architecture_energy": 71.459, "architecture_maturity": 13.113, "architecture_confidence": 64.286, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.01, "rotation_up": 78.61, "upward_expansion": 92.41, "deceleration": 44.27, "rotation_down": 11.25, "downward_expansion": 14.41 }, "activity_lines": [ 76.841645, 75.552919, 72.552487, 71.633062 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 77.339996, "trend_reference": 71.025239, "distance_from_trend": 0.088909, "trend_direction": "Improving", "fair_value": 76.27088, "distance_from_fair_value": 0.014017, "fair_value_direction": "Improving", "relative_strength": -10.061598, "relative_strength_direction": "Improving", "price_momentum": 0.045135, "excess_performance": -0.129112, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088909, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020683, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.014017, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.163162, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100616, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.111667, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.045135, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 12.2, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 12.2, "dry_up": 0.385935, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.037321, "annualized_volatility": 0.251913, "from_high_reference": -0.034457, "from_low_reference": 0.20806 }, "levels": { "trend_reference": 71.025239, "fair_value_reference": 76.27088, "structural_low": 64.019997, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": -0.032035, "positive_rate": 0.117647, "directional_follow_through": 0.117647, "median_excess_return": -0.026664, "regime_survival": 0.529412, "best_return": 0.064428, "worst_return": -0.108646, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.079297, "positive_rate": 0.222222, "directional_follow_through": 0.222222, "median_excess_return": -0.124673, "regime_survival": 0.222222, "best_return": 0.084868, "worst_return": -0.157509, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.00417, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.150766, "regime_survival": 0.142857, "best_return": 0.045135, "worst_return": -0.114631, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.07061, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.18729, "regime_survival": 0.0, "best_return": -0.050115, "worst_return": -0.155722, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-23", "end": "2025-02-07", "tenure": "Established", "return": -0.150275, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-04-04", "tenure": "Developing", "return": -0.076073, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.084107, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-07-04", "tenure": "Developing", "return": -0.024754, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": 0.028389, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-01", "end": "2025-08-22", "tenure": "New", "return": 0.041691, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2025-11-21", "tenure": "Established", "return": 0.012684, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": -0.009994, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-27", "tenure": "Developing", "return": -0.115405, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.010346, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": -0.034392, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-06-26", "tenure": "Developing", "return": 0.117896, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.008905, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.023444, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 84.89698, "volume": 0, "typical_volume": 17.65, "trend": 91.083016, "fair_value": 85.348901, "relative_strength": -2.552426, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.383535, "energy": 84.245858, "activity_lines": [ 86.602237, 88.01639, 89.943395, 90.861279 ] }, { "date": "2023-08-25", "close": 85.508842, "volume": 0, "typical_volume": 15.65, "trend": 91.123409, "fair_value": 85.437615, "relative_strength": -1.166745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.147728, "energy": 85.834444, "activity_lines": [ 85.748357, 87.435766, 89.344225, 90.501655 ] }, { "date": "2023-09-01", "close": 87.420944, "volume": 0, "typical_volume": 15.65, "trend": 91.180677, "fair_value": 85.547605, "relative_strength": -1.150705, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.273365, "energy": 84.458873, "activity_lines": [ 85.997067, 87.285178, 88.96785, 90.262786 ] }, { "date": "2023-09-08", "close": 83.424667, "volume": 59, "typical_volume": 15.75, "trend": 91.100986, "fair_value": 85.629636, "relative_strength": -4.698351, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.387247, "energy": 87.619266, "activity_lines": [ 85.26155, 86.430085, 88.245586, 89.762399 ] }, { "date": "2023-09-15", "close": 81.646416, "volume": 0, "typical_volume": 15.75, "trend": 90.838302, "fair_value": 85.689842, "relative_strength": -7.654321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.950117, "energy": 87.593412, "activity_lines": [ 84.007216, 85.345043, 87.416409, 89.152426 ] }, { "date": "2023-09-22", "close": 81.799377, "volume": 0, "typical_volume": 15.75, "trend": 90.509485, "fair_value": 85.777737, "relative_strength": -6.498117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.682445, "energy": 84.479896, "activity_lines": [ 83.080485, 84.440765, 86.677814, 88.56927 ] }, { "date": "2023-09-29", "close": 79.504875, "volume": 0, "typical_volume": 15.75, "trend": 90.057947, "fair_value": 85.843309, "relative_strength": -8.988352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.424474, "energy": 88.798958, "activity_lines": [ 81.595427, 83.257058, 85.795981, 87.859295 ] }, { "date": "2023-10-06", "close": 79.16069, "volume": 0, "typical_volume": 13.75, "trend": 89.626177, "fair_value": 85.877273, "relative_strength": -7.660157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.051495, "energy": 92.043531, "activity_lines": [ 80.395905, 82.246813, 84.967582, 87.156246 ] }, { "date": "2023-10-13", "close": 79.007721, "volume": 121, "typical_volume": 19.3, "trend": 89.230548, "fair_value": 85.920916, "relative_strength": -8.263218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.106577, "energy": 89.789252, "activity_lines": [ 79.696077, 81.453815, 84.204109, 86.471185 ] }, { "date": "2023-10-20", "close": 79.065086, "volume": 180, "typical_volume": 28.3, "trend": 88.808089, "fair_value": 85.954384, "relative_strength": -4.599698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.674375, "energy": 88.555378, "activity_lines": [ 79.309834, 80.771718, 83.525193, 85.815348 ] }, { "date": "2023-10-27", "close": 79.065086, "volume": 0, "typical_volume": 24.95, "trend": 88.38688, "fair_value": 86.011397, "relative_strength": -4.116707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.671286, "energy": 84.560811, "activity_lines": [ 79.095679, 80.211996, 82.898087, 85.186767 ] }, { "date": "2023-11-03", "close": 82.392136, "volume": 0, "typical_volume": 24.95, "trend": 87.998154, "fair_value": 86.065841, "relative_strength": -5.304133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.202521, "energy": 66.718866, "activity_lines": [ 80.172828, 80.363226, 82.637212, 84.80001 ] }, { "date": "2023-11-10", "close": 82.258278, "volume": 0, "typical_volume": 24.95, "trend": 87.583097, "fair_value": 86.061326, "relative_strength": -5.995856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.460342, "energy": 54.088553, "activity_lines": [ 81.012872, 80.546785, 82.400006, 84.429695 ] }, { "date": "2023-11-17", "close": 79.753433, "volume": 0, "typical_volume": 24.65, "trend": 87.023624, "fair_value": 86.052702, "relative_strength": -10.745878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.356446, "energy": 51.965696, "activity_lines": [ 80.811463, 80.368785, 81.954614, 83.924556 ] }, { "date": "2023-11-24", "close": 79.925522, "volume": 0, "typical_volume": 24.65, "trend": 86.434157, "fair_value": 86.040965, "relative_strength": -9.92612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.343092, "energy": 43.886324, "activity_lines": [ 80.617702, 80.288824, 81.567546, 83.466613 ] }, { "date": "2023-12-01", "close": 79.753433, "volume": 30, "typical_volume": 26.15, "trend": 85.838954, "fair_value": 86.01641, "relative_strength": -11.664522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.292638, "energy": 51.587699, "activity_lines": [ 80.309216, 80.208863, 81.212343, 83.035599 ] }, { "date": "2023-12-08", "close": 83.13784, "volume": 0, "typical_volume": 23.65, "trend": 85.356564, "fair_value": 86.019876, "relative_strength": -7.956542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.344919, "energy": 38.93698, "activity_lines": [ 81.082976, 80.781447, 81.225286, 82.861334 ] }, { "date": "2023-12-15", "close": 86.656105, "volume": 0, "typical_volume": 23.65, "trend": 85.049945, "fair_value": 86.052689, "relative_strength": -5.388822, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 16.548042, "energy": 24.343218, "activity_lines": [ 82.979777, 81.927662, 81.617821, 82.945175 ] }, { "date": "2023-12-22", "close": 87.535667, "volume": 0, "typical_volume": 19.5, "trend": 84.780551, "fair_value": 86.091375, "relative_strength": -5.399248, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.366822, "energy": 54.571023, "activity_lines": [ 84.876578, 83.097517, 82.122615, 83.105544 ] }, { "date": "2023-12-29", "close": 87.860725, "volume": 0, "typical_volume": 19.5, "trend": 84.711077, "fair_value": 86.12535, "relative_strength": -5.72764, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.341066, "energy": 80.848362, "activity_lines": [ 86.362915, 84.17142, 82.644071, 83.304265 ] }, { "date": "2024-01-05", "close": 85.298515, "volume": 0, "typical_volume": 19.5, "trend": 84.57327, "fair_value": 86.125681, "relative_strength": -8.304395, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.207951, "energy": 73.55715, "activity_lines": [ 86.466168, 84.619546, 82.911673, 83.342164 ] }, { "date": "2024-01-12", "close": 89.390388, "volume": 0, "typical_volume": 19.5, "trend": 84.551622, "fair_value": 86.174498, "relative_strength": -3.079533, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.448532, "energy": 80.483167, "activity_lines": [ 87.563708, 85.698314, 83.567065, 83.652946 ] }, { "date": "2024-01-19", "close": 87.593025, "volume": 0, "typical_volume": 19.5, "trend": 84.51686, "fair_value": 86.224211, "relative_strength": -3.531201, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.234122, "energy": 58.7084, "activity_lines": [ 87.645289, 86.323047, 84.032797, 83.849166 ] }, { "date": "2024-01-26", "close": 87.937202, "volume": 0, "typical_volume": 16.55, "trend": 84.496099, "fair_value": 86.287493, "relative_strength": -6.298554, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.729999, "energy": 48.45689, "activity_lines": [ 87.779135, 86.913363, 84.530488, 84.069833 ] }, { "date": "2024-02-02", "close": 88.988853, "volume": 0, "typical_volume": 16.55, "trend": 84.460435, "fair_value": 86.331042, "relative_strength": -4.804283, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.19002, "energy": 55.300676, "activity_lines": [ 88.236763, 87.546092, 85.106847, 84.359688 ] }, { "date": "2024-02-09", "close": 91.16864, "volume": 0, "typical_volume": 16.55, "trend": 84.520196, "fair_value": 86.408478, "relative_strength": -0.253526, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.602039, "energy": 73.716081, "activity_lines": [ 89.345777, 88.410359, 85.855842, 84.792475 ] }, { "date": "2024-02-16", "close": 84.935204, "volume": 0, "typical_volume": 16.55, "trend": 84.268464, "fair_value": 86.445371, "relative_strength": -8.332639, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.060321, "energy": 45.910349, "activity_lines": [ 87.985638, 87.933724, 85.96656, 84.81925 ] }, { "date": "2024-02-23", "close": 85.738297, "volume": 0, "typical_volume": 16.55, "trend": 84.038442, "fair_value": 86.516345, "relative_strength": -6.788988, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.008179, "energy": 32.562528, "activity_lines": [ 87.190209, 87.570426, 86.127905, 84.914078 ] }, { "date": "2024-03-01", "close": 82.277397, "volume": 0, "typical_volume": 10.5, "trend": 83.963233, "fair_value": 86.536903, "relative_strength": -10.262929, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.988317, "energy": 16.879258, "activity_lines": [ 85.364795, 86.594562, 85.928318, 84.800462 ] }, { "date": "2024-03-08", "close": 83.156975, "volume": 0, "typical_volume": 1.5, "trend": 83.875277, "fair_value": 86.54096, "relative_strength": -9.16608, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.505475, "energy": 26.724226, "activity_lines": [ 84.209893, 85.874226, 85.796931, 84.748446 ] }, { "date": "2024-03-15", "close": 82.258278, "volume": 0, "typical_volume": 1.5, "trend": 83.787321, "fair_value": 86.540779, "relative_strength": -10.66521, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.223387, "energy": 38.922788, "activity_lines": [ 83.144219, 85.076013, 85.560468, 84.644123 ] }, { "date": "2024-03-22", "close": 80.690369, "volume": 35, "typical_volume": 3.25, "trend": 83.626705, "fair_value": 86.546478, "relative_strength": -14.159116, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.553786, "energy": 54.429841, "activity_lines": [ 82.149932, 84.048002, 85.159475, 84.44432 ] }, { "date": "2024-03-29", "close": 85.891258, "volume": 42, "typical_volume": 5.35, "trend": 83.575715, "fair_value": 86.579425, "relative_strength": -9.288685, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.64506, "energy": 28.983239, "activity_lines": [ 83.172263, 84.12379, 85.261909, 84.59042 ] }, { "date": "2024-04-05", "close": 83.826202, "volume": 0, "typical_volume": 5.35, "trend": 83.5891, "fair_value": 86.577464, "relative_strength": -11.859407, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.941782, "energy": 20.593431, "activity_lines": [ 83.496045, 83.855055, 85.15037, 84.60658 ] }, { "date": "2024-04-12", "close": 84.801361, "volume": 0, "typical_volume": 5.35, "trend": 83.694265, "fair_value": 86.580583, "relative_strength": -10.200632, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 16.77403, "energy": 12.676288, "activity_lines": [ 84.041627, 83.838366, 85.11231, 84.684791 ] }, { "date": "2024-04-19", "close": 84.858734, "volume": 160, "typical_volume": 11.85, "trend": 83.796243, "fair_value": 86.554315, "relative_strength": -9.314549, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.186466, "energy": 19.710165, "activity_lines": [ 84.496707, 83.908246, 85.056495, 84.759918 ] }, { "date": "2024-04-26", "close": 88.759399, "volume": 160, "typical_volume": 19.85, "trend": 84.104727, "fair_value": 86.555294, "relative_strength": -5.107161, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.095763, "energy": 34.387989, "activity_lines": [ 86.078645, 84.802062, 85.347862, 85.080121 ] }, { "date": "2024-05-03", "close": 87.483131, "volume": 0, "typical_volume": 19.85, "trend": 84.382142, "fair_value": 86.528742, "relative_strength": -7.177985, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.207968, "energy": 36.247569, "activity_lines": [ 86.697225, 85.394299, 85.490909, 85.298083 ] }, { "date": "2024-05-10", "close": 90.789848, "volume": 30, "typical_volume": 21.35, "trend": 84.77488, "fair_value": 86.52669, "relative_strength": -5.746185, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.334731, "energy": 68.034213, "activity_lines": [ 88.311919, 86.556033, 85.944944, 85.711483 ] }, { "date": "2024-05-17", "close": 92.143478, "volume": 0, "typical_volume": 21.35, "trend": 85.210826, "fair_value": 86.531428, "relative_strength": -5.571871, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.780892, "energy": 87.084501, "activity_lines": [ 89.91358, 87.80911, 86.5124, 86.186877 ] }, { "date": "2024-05-24", "close": 91.215271, "volume": 0, "typical_volume": 21.35, "trend": 85.615832, "fair_value": 86.53753, "relative_strength": -5.980192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.727186, "energy": 83.424716, "activity_lines": [ 90.716365, 88.730031, 86.971061, 86.57426 ] }, { "date": "2024-05-31", "close": 88.5467, "volume": 0, "typical_volume": 21.35, "trend": 85.820984, "fair_value": 86.529005, "relative_strength": -6.955397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.809239, "energy": 77.515883, "activity_lines": [ 90.205856, 89.002903, 87.147398, 86.763349 ] }, { "date": "2024-06-07", "close": 91.524681, "volume": 0, "typical_volume": 21.35, "trend": 86.129864, "fair_value": 86.535793, "relative_strength": -2.808409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.274115, "energy": 72.832939, "activity_lines": [ 90.702188, 89.674383, 87.61137, 87.131329 ] }, { "date": "2024-06-14", "close": 91.389305, "volume": 112, "typical_volume": 26.95, "trend": 86.517727, "fair_value": 86.539472, "relative_strength": 0.640718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.58784, "energy": 51.436303, "activity_lines": [ 90.883958, 90.218824, 88.043726, 87.470648 ] }, { "date": "2024-06-21", "close": 89.803635, "volume": 0, "typical_volume": 26.95, "trend": 86.846997, "fair_value": 86.506616, "relative_strength": -2.387041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.247013, "energy": 40.795535, "activity_lines": [ 90.497207, 90.33745, 88.308627, 87.682642 ] }, { "date": "2024-06-28", "close": 88.817421, "volume": 0, "typical_volume": 26.95, "trend": 87.14913, "fair_value": 86.473337, "relative_strength": -3.686517, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.829794, "energy": 35.400115, "activity_lines": [ 89.937708, 90.185815, 88.475724, 87.809766 ] }, { "date": "2024-07-05", "close": 87.347763, "volume": 0, "typical_volume": 26.95, "trend": 87.289461, "fair_value": 86.447097, "relative_strength": -7.438696, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.542358, "energy": 18.242066, "activity_lines": [ 89.04818, 89.694992, 88.514049, 87.822581 ] }, { "date": "2024-07-12", "close": 85.974792, "volume": 10, "typical_volume": 27.45, "trend": 87.26675, "fair_value": 86.396777, "relative_strength": -8.487235, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 7.640909, "energy": 18.564926, "activity_lines": [ 87.780923, 88.980205, 88.410127, 87.737764 ] }, { "date": "2024-07-19", "close": 86.767632, "volume": 0, "typical_volume": 27.45, "trend": 87.241149, "fair_value": 86.360682, "relative_strength": -6.408678, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.392909, "energy": 21.508607, "activity_lines": [ 87.14794, 88.436994, 88.380587, 87.705562 ] }, { "date": "2024-07-26", "close": 87.405777, "volume": 0, "typical_volume": 27.45, "trend": 87.225984, "fair_value": 86.341893, "relative_strength": -5.357125, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.421208, "energy": 26.354504, "activity_lines": [ 87.035782, 88.082941, 88.390441, 87.716184 ] }, { "date": "2024-08-02", "close": 80.340584, "volume": 10, "typical_volume": 27.95, "trend": 87.06072, "fair_value": 86.298403, "relative_strength": -9.188034, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -50.384501, "energy": 57.810341, "activity_lines": [ 84.728418, 86.530448, 87.707187, 87.271964 ] }, { "date": "2024-08-09", "close": 78.195564, "volume": 0, "typical_volume": 26.2, "trend": 86.687559, "fair_value": 86.24199, "relative_strength": -12.108296, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.539875, "energy": 76.516871, "activity_lines": [ 82.27117, 84.785672, 86.828777, 86.700019 ] }, { "date": "2024-08-16", "close": 77.630066, "volume": 62, "typical_volume": 27.2, "trend": 86.355461, "fair_value": 86.196861, "relative_strength": -13.940065, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.690181, "energy": 94.27543, "activity_lines": [ 80.235568, 83.126282, 85.90839, 86.115664 ] }, { "date": "2024-08-23", "close": 78.117569, "volume": 50, "typical_volume": 29.7, "trend": 86.028139, "fair_value": 86.148586, "relative_strength": -14.438849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.810814, "energy": 91.101396, "activity_lines": [ 78.918783, 81.808157, 85.073771, 85.584187 ] }, { "date": "2024-08-30", "close": 79.677582, "volume": 0, "typical_volume": 29.7, "trend": 85.717764, "fair_value": 86.116109, "relative_strength": -13.254237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.822429, "energy": 87.587349, "activity_lines": [ 78.698673, 81.014976, 84.414909, 85.174474 ] }, { "date": "2024-09-06", "close": 80.204079, "volume": 43, "typical_volume": 23.85, "trend": 85.352278, "fair_value": 86.101207, "relative_strength": -8.76307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.204296, "energy": 84.444438, "activity_lines": [ 79.169275, 80.501631, 83.830588, 84.818752 ] }, { "date": "2024-09-13", "close": 80.613579, "volume": 37, "typical_volume": 17.7, "trend": 85.208224, "fair_value": 86.082657, "relative_strength": -8.606637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.567022, "energy": 58.116151, "activity_lines": [ 79.785477, 80.219347, 83.307433, 84.51303 ] }, { "date": "2024-09-20", "close": 77.532562, "volume": 0, "typical_volume": 17.7, "trend": 84.9347, "fair_value": 86.043767, "relative_strength": -12.100913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.479858, "energy": 60.236119, "activity_lines": [ 79.213473, 79.499318, 82.529637, 84.017826 ] }, { "date": "2024-09-27", "close": 78.039566, "volume": 0, "typical_volume": 16.2, "trend": 84.793439, "fair_value": 86.008362, "relative_strength": -12.054589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.489529, "energy": 56.656596, "activity_lines": [ 78.81697, 79.024966, 81.84751, 83.572978 ] }, { "date": "2024-10-04", "close": 75.582542, "volume": 90, "typical_volume": 20.7, "trend": 84.540958, "fair_value": 85.953185, "relative_strength": -13.609705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.747677, "energy": 65.671614, "activity_lines": [ 77.60666, 78.262575, 80.992097, 82.978727 ] }, { "date": "2024-10-11", "close": 75.251045, "volume": 12, "typical_volume": 21.3, "trend": 84.307383, "fair_value": 85.891741, "relative_strength": -13.827503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.918369, "energy": 78.81688, "activity_lines": [ 76.558853, 77.65488, 80.183974, 82.379378 ] }, { "date": "2024-10-18", "close": 76.440552, "volume": 0, "typical_volume": 21.3, "trend": 84.165723, "fair_value": 85.831888, "relative_strength": -12.42373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.955493, "energy": 73.76716, "activity_lines": [ 76.237751, 77.355996, 79.565158, 81.87184 ] }, { "date": "2024-10-25", "close": 77.415565, "volume": 0, "typical_volume": 21.3, "trend": 83.8832, "fair_value": 85.758406, "relative_strength": -9.881309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.435221, "energy": 57.360752, "activity_lines": [ 76.519855, 77.266296, 79.096848, 81.436346 ] }, { "date": "2024-11-01", "close": 73.710533, "volume": 0, "typical_volume": 15.7, "trend": 83.546011, "fair_value": 85.65514, "relative_strength": -12.518927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.707961, "energy": 68.143759, "activity_lines": [ 75.574748, 76.506854, 78.342865, 80.780045 ] }, { "date": "2024-11-08", "close": 70.356514, "volume": 20, "typical_volume": 16.7, "trend": 83.064516, "fair_value": 85.530491, "relative_strength": -16.613202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.752877, "energy": 82.788147, "activity_lines": [ 73.800236, 75.217718, 77.353636, 79.92911 ] }, { "date": "2024-11-15", "close": 69.752007, "volume": 1, "typical_volume": 16.75, "trend": 82.560958, "fair_value": 85.427644, "relative_strength": -17.144502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.750617, "energy": 89.104839, "activity_lines": [ 72.172625, 73.988146, 76.39944, 79.070238 ] }, { "date": "2024-11-22", "close": 68.835503, "volume": 5, "typical_volume": 17.0, "trend": 81.896828, "fair_value": 85.319159, "relative_strength": -17.354969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.829497, "energy": 92.443388, "activity_lines": [ 70.606114, 72.781974, 75.448746, 78.184725 ] }, { "date": "2024-11-29", "close": 67.957985, "volume": 0, "typical_volume": 16.5, "trend": 81.24599, "fair_value": 85.232027, "relative_strength": -18.238032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.820744, "energy": 91.728525, "activity_lines": [ 69.254101, 71.630401, 74.502632, 77.285445 ] }, { "date": "2024-12-06", "close": 67.840996, "volume": 242, "typical_volume": 28.6, "trend": 80.481028, "fair_value": 85.130301, "relative_strength": -18.98572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.503204, "energy": 87.267354, "activity_lines": [ 68.493597, 70.63164, 73.63117, 76.420607 ] }, { "date": "2024-12-13", "close": 68.386993, "volume": 60, "typical_volume": 31.6, "trend": 79.689145, "fair_value": 84.991252, "relative_strength": -19.307483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.852487, "energy": 73.416809, "activity_lines": [ 68.306394, 69.91758, 72.901835, 75.640346 ] }, { "date": "2024-12-20", "close": 66.670975, "volume": 594, "typical_volume": 60.8, "trend": 78.871002, "fair_value": 84.834814, "relative_strength": -19.581467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.394779, "energy": 70.377681, "activity_lines": [ 67.678487, 69.022344, 72.099636, 74.800464 ] }, { "date": "2024-12-27", "close": 66.86599, "volume": 0, "typical_volume": 60.8, "trend": 78.148312, "fair_value": 84.674183, "relative_strength": -19.777466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.306454, "energy": 68.129847, "activity_lines": [ 67.320987, 68.318568, 71.381103, 74.025948 ] }, { "date": "2025-01-03", "close": 66.339478, "volume": 30, "typical_volume": 59.2, "trend": 77.308805, "fair_value": 84.51065, "relative_strength": -20.406756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.90086, "energy": 68.516694, "activity_lines": [ 66.919284, 67.693144, 70.666376, 73.264087 ] }, { "date": "2025-01-10", "close": 64.779472, "volume": 72, "typical_volume": 60.3, "trend": 76.421811, "fair_value": 84.316529, "relative_strength": -21.727988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.374832, "energy": 73.597166, "activity_lines": [ 66.105479, 66.985467, 69.856842, 72.455743 ] }, { "date": "2025-01-17", "close": 64.50647, "volume": 146, "typical_volume": 67.6, "trend": 75.578572, "fair_value": 84.144441, "relative_strength": -24.129608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.717789, "energy": 69.428763, "activity_lines": [ 65.404775, 66.390536, 69.084822, 71.687012 ] }, { "date": "2025-01-24", "close": 64.584465, "volume": 0, "typical_volume": 65.45, "trend": 74.770807, "fair_value": 83.993323, "relative_strength": -24.759576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.726091, "energy": 69.191868, "activity_lines": [ 64.988771, 65.91615, 68.392474, 70.977714 ] }, { "date": "2025-01-31", "close": 65.559479, "volume": 0, "typical_volume": 63.6, "trend": 74.044531, "fair_value": 83.866086, "relative_strength": -23.415528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.589179, "energy": 66.685643, "activity_lines": [ 65.036872, 65.712995, 67.867363, 70.383435 ] }, { "date": "2025-02-07", "close": 66.378479, "volume": 0, "typical_volume": 63.6, "trend": 73.39132, "fair_value": 83.734278, "relative_strength": -22.081438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.902319, "energy": 63.287192, "activity_lines": [ 65.445075, 65.718313, 67.491939, 69.888851 ] }, { "date": "2025-02-14", "close": 77.669067, "volume": 150, "typical_volume": 71.1, "trend": 73.088035, "fair_value": 83.650707, "relative_strength": -12.941194, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 0.897716, "energy": 18.189967, "activity_lines": [ 69.614206, 67.805183, 68.244924, 70.164835 ] }, { "date": "2025-02-21", "close": 75.621544, "volume": 0, "typical_volume": 66.6, "trend": 72.695227, "fair_value": 83.588443, "relative_strength": -13.999435, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 24.033177, "energy": 41.865925, "activity_lines": [ 72.241523, 69.341084, 68.80467, 70.328287 ] }, { "date": "2025-02-28", "close": 79.346069, "volume": 0, "typical_volume": 66.0, "trend": 72.662076, "fair_value": 83.594782, "relative_strength": -11.511721, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.908156, "energy": 60.815974, "activity_lines": [ 75.369344, 71.422635, 69.718948, 70.757374 ] }, { "date": "2025-03-07", "close": 78.176064, "volume": 1240, "typical_volume": 128.0, "trend": 72.661426, "fair_value": 83.605453, "relative_strength": -15.235281, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.145334, "energy": 59.438495, "activity_lines": [ 77.123056, 73.061001, 70.502296, 71.113115 ] }, { "date": "2025-03-14", "close": 76.577057, "volume": 0, "typical_volume": 128.0, "trend": 72.626326, "fair_value": 83.591556, "relative_strength": -16.636176, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.530563, "energy": 74.677578, "activity_lines": [ 77.50266, 74.203, 71.125093, 71.365736 ] }, { "date": "2025-03-21", "close": 75.368042, "volume": 90, "typical_volume": 132.5, "trend": 72.534675, "fair_value": 83.570738, "relative_strength": -16.813458, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.750304, "energy": 68.823209, "activity_lines": [ 76.799354, 74.939041, 71.63674, 71.542621 ] }, { "date": "2025-03-28", "close": 74.022537, "volume": 0, "typical_volume": 131.5, "trend": 72.346174, "fair_value": 83.51905, "relative_strength": -16.163068, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.494969, "energy": 39.799114, "activity_lines": [ 75.800948, 75.237926, 72.01235, 71.638612 ] }, { "date": "2025-04-04", "close": 71.760513, "volume": 65, "typical_volume": 134.7, "trend": 72.064721, "fair_value": 83.461972, "relative_strength": -9.436726, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.213448, "energy": 17.476687, "activity_lines": [ 74.155134, 74.952513, 72.155071, 71.600828 ] }, { "date": "2025-04-11", "close": 72.228523, "volume": 202, "typical_volume": 144.55, "trend": 71.78522, "fair_value": 83.391093, "relative_strength": -7.328805, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 7.774782, "energy": 17.002372, "activity_lines": [ 73.171028, 74.62172, 72.332801, 71.611395 ] }, { "date": "2025-04-18", "close": 76.59655, "volume": 0, "typical_volume": 144.55, "trend": 71.754019, "fair_value": 83.32017, "relative_strength": -6.360254, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.135362, "energy": 27.566849, "activity_lines": [ 74.039433, 74.963859, 72.910377, 71.921804 ] }, { "date": "2025-04-25", "close": 76.106331, "volume": 155, "typical_volume": 140.2, "trend": 71.689578, "fair_value": 83.240368, "relative_strength": -9.771174, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.56476, "energy": 25.773146, "activity_lines": [ 74.743132, 75.031083, 73.400128, 72.202598 ] }, { "date": "2025-05-02", "close": 78.303421, "volume": 0, "typical_volume": 137.2, "trend": 71.780274, "fair_value": 83.203696, "relative_strength": -8.0274, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.448797, "energy": 45.425578, "activity_lines": [ 76.129976, 75.526192, 74.059768, 72.629298 ] }, { "date": "2025-05-09", "close": 78.362801, "volume": 91, "typical_volume": 112.05, "trend": 71.883999, "fair_value": 83.138597, "relative_strength": -11.496287, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.248279, "energy": 66.211388, "activity_lines": [ 77.25122, 75.983335, 74.677842, 73.053977 ] }, { "date": "2025-05-16", "close": 77.867958, "volume": 0, "typical_volume": 112.05, "trend": 71.931579, "fair_value": 83.103437, "relative_strength": -14.013416, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.615611, "energy": 76.772719, "activity_lines": [ 77.767365, 76.368385, 75.193112, 73.440039 ] }, { "date": "2025-05-23", "close": 75.275002, "volume": 0, "typical_volume": 110.55, "trend": 71.860227, "fair_value": 83.032171, "relative_strength": -15.271431, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.899619, "energy": 65.509434, "activity_lines": [ 77.043228, 76.287591, 75.409044, 73.655743 ] }, { "date": "2025-05-30", "close": 77.808586, "volume": 0, "typical_volume": 106.95, "trend": 71.996829, "fair_value": 82.980015, "relative_strength": -12.742937, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.506195, "energy": 60.707628, "activity_lines": [ 77.251722, 76.691121, 75.82372, 74.039508 ] }, { "date": "2025-06-06", "close": 78.164871, "volume": 0, "typical_volume": 99.65, "trend": 72.257108, "fair_value": 82.934685, "relative_strength": -12.1561, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.30484, "energy": 44.818842, "activity_lines": [ 77.465495, 77.115057, 76.210284, 74.437447 ] }, { "date": "2025-06-13", "close": 77.689819, "volume": 0, "typical_volume": 99.65, "trend": 72.521701, "fair_value": 82.902328, "relative_strength": -10.114325, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.214671, "energy": 40.204199, "activity_lines": [ 77.530153, 77.377305, 76.486565, 74.787944 ] }, { "date": "2025-06-20", "close": 74.146767, "volume": 0, "typical_volume": 99.65, "trend": 72.698743, "fair_value": 82.843792, "relative_strength": -13.144716, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.851447, "energy": 24.772482, "activity_lines": [ 76.45866, 76.887556, 76.363006, 74.892787 ] }, { "date": "2025-06-27", "close": 72.879974, "volume": 0, "typical_volume": 99.65, "trend": 72.86281, "fair_value": 82.782036, "relative_strength": -15.587134, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.158489, "energy": 12.131568, "activity_lines": [ 75.212982, 76.132604, 76.077908, 74.904479 ] }, { "date": "2025-07-04", "close": 76.423027, "volume": 50, "typical_volume": 94.65, "trend": 73.148877, "fair_value": 82.715142, "relative_strength": -10.245262, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.705453, "energy": 17.204243, "activity_lines": [ 75.307989, 76.089418, 76.099285, 75.134171 ] }, { "date": "2025-07-11", "close": 74.60202, "volume": 0, "typical_volume": 94.65, "trend": 73.356045, "fair_value": 82.635498, "relative_strength": -13.7557, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.106611, "energy": 17.600935, "activity_lines": [ 74.888366, 75.709381, 75.953165, 75.227922 ] }, { "date": "2025-07-18", "close": 76.324066, "volume": 0, "typical_volume": 94.65, "trend": 73.677815, "fair_value": 82.557808, "relative_strength": -11.224679, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.779575, "energy": 14.665776, "activity_lines": [ 75.28028, 75.709741, 75.975905, 75.419407 ] }, { "date": "2025-07-25", "close": 76.719933, "volume": 0, "typical_volume": 32.65, "trend": 74.006279, "fair_value": 82.474767, "relative_strength": -11.897466, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.67666, "energy": 16.601196, "activity_lines": [ 75.895201, 75.819146, 76.050737, 75.615673 ] }, { "date": "2025-08-01", "close": 68.120003, "volume": 267, "typical_volume": 46.0, "trend": 74.06563, "fair_value": 82.349799, "relative_strength": -19.08307, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -38.218455, "energy": 37.900971, "activity_lines": [ 73.471934, 74.3858, 75.313462, 75.235913 ] }, { "date": "2025-08-08", "close": 68.019997, "volume": 0, "typical_volume": 41.5, "trend": 74.173648, "fair_value": 82.218423, "relative_strength": -23.124951, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.066762, "energy": 60.744856, "activity_lines": [ 71.332663, 73.064362, 74.606935, 74.845872 ] }, { "date": "2025-08-15", "close": 68.360001, "volume": 15, "typical_volume": 42.25, "trend": 74.302099, "fair_value": 82.080334, "relative_strength": -24.171286, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.093648, "energy": 69.318131, "activity_lines": [ 69.866929, 71.982717, 73.967779, 74.470798 ] }, { "date": "2025-08-22", "close": 70.959999, "volume": 0, "typical_volume": 39.0, "trend": 74.514617, "fair_value": 81.985227, "relative_strength": -19.77683, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.361376, "energy": 76.306847, "activity_lines": [ 69.683995, 71.552069, 73.603207, 74.255179 ] }, { "date": "2025-08-29", "close": 69.379997, "volume": 0, "typical_volume": 28.9, "trend": 74.641967, "fair_value": 81.892489, "relative_strength": -18.100764, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.740862, "energy": 73.75974, "activity_lines": [ 69.331999, 70.956509, 73.09197, 73.923913 ] }, { "date": "2025-09-05", "close": 66.699997, "volume": 0, "typical_volume": 28.9, "trend": 74.652685, "fair_value": 81.770916, "relative_strength": -20.319211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.974225, "energy": 75.513716, "activity_lines": [ 68.575998, 69.960344, 72.33906, 73.411528 ] }, { "date": "2025-09-12", "close": 66.379997, "volume": 0, "typical_volume": 21.15, "trend": 74.276382, "fair_value": 81.654381, "relative_strength": -20.884664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.350783, "energy": 69.045902, "activity_lines": [ 67.807998, 69.018361, 71.6028, 72.877806 ] }, { "date": "2025-09-19", "close": 65.959999, "volume": 443, "typical_volume": 43.3, "trend": 73.954331, "fair_value": 81.545127, "relative_strength": -20.448233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.055287, "energy": 75.966524, "activity_lines": [ 67.009331, 68.182615, 70.872856, 72.341265 ] }, { "date": "2025-09-26", "close": 65.980003, "volume": 405, "typical_volume": 59.0, "trend": 73.508795, "fair_value": 81.426629, "relative_strength": -20.24265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.748646, "energy": 80.192535, "activity_lines": [ 66.377333, 67.507634, 70.203595, 71.826793 ] }, { "date": "2025-10-03", "close": 66.139999, "volume": 0, "typical_volume": 59.0, "trend": 73.107593, "fair_value": 81.313602, "relative_strength": -21.172539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.015859, "energy": 78.472375, "activity_lines": [ 66.130666, 67.049817, 69.608538, 71.351386 ] }, { "date": "2025-10-10", "close": 67.0, "volume": 132, "typical_volume": 65.6, "trend": 72.788358, "fair_value": 81.196595, "relative_strength": -18.028824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.503232, "energy": 62.376625, "activity_lines": [ 66.386667, 66.940727, 69.151233, 70.957348 ] }, { "date": "2025-10-17", "close": 70.139999, "volume": 80, "typical_volume": 69.6, "trend": 72.61409, "fair_value": 81.134924, "relative_strength": -11.975413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.300668, "energy": 37.836296, "activity_lines": [ 67.669333, 67.422908, 69.03238, 70.786486 ] }, { "date": "2025-10-24", "close": 69.279999, "volume": 50, "typical_volume": 72.1, "trend": 72.456005, "fair_value": 81.073508, "relative_strength": -14.050301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.74036, "energy": 24.793499, "activity_lines": [ 68.414666, 67.710181, 68.868139, 70.571384 ] }, { "date": "2025-10-31", "close": 66.82, "volume": 0, "typical_volume": 72.1, "trend": 72.291321, "fair_value": 80.997644, "relative_strength": -18.917725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.637838, "energy": 28.748245, "activity_lines": [ 68.118666, 67.533454, 68.511922, 70.20777 ] }, { "date": "2025-11-07", "close": 69.379997, "volume": 0, "typical_volume": 72.1, "trend": 72.19637, "fair_value": 80.923651, "relative_strength": -14.353376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.155988, "energy": 25.752488, "activity_lines": [ 68.619999, 67.897454, 68.451275, 70.019943 ] }, { "date": "2025-11-14", "close": 70.580002, "volume": 0, "typical_volume": 72.1, "trend": 71.995819, "fair_value": 80.847257, "relative_strength": -14.161511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.391487, "energy": 17.300441, "activity_lines": [ 69.305333, 68.479636, 68.527614, 69.915661 ] }, { "date": "2025-11-21", "close": 70.260002, "volume": 304, "typical_volume": 84.8, "trend": 71.800941, "fair_value": 80.762803, "relative_strength": -12.928979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.625817, "energy": 12.658841, "activity_lines": [ 69.645334, 68.933091, 68.584428, 69.803673 ] }, { "date": "2025-11-28", "close": 70.040001, "volume": 5, "typical_volume": 85.05, "trend": 71.525494, "fair_value": 80.663361, "relative_strength": -16.526332, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.462786, "energy": 17.277802, "activity_lines": [ 69.904001, 69.276, 68.649638, 69.690064 ] }, { "date": "2025-12-05", "close": 69.339996, "volume": 0, "typical_volume": 85.05, "trend": 71.224734, "fair_value": 80.568564, "relative_strength": -18.034799, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.497312, "energy": 16.350186, "activity_lines": [ 69.878666, 69.417454, 68.669904, 69.549064 ] }, { "date": "2025-12-12", "close": 69.5, "volume": 50, "typical_volume": 87.55, "trend": 70.945802, "fair_value": 80.485127, "relative_strength": -17.701651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.474287, "energy": 11.03968, "activity_lines": [ 69.738666, 69.526909, 68.738666, 69.437791 ] }, { "date": "2025-12-19", "close": 69.379997, "volume": 70, "typical_volume": 77.7, "trend": 70.749302, "fair_value": 80.398998, "relative_strength": -19.407716, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.498268, "energy": 10.651866, "activity_lines": [ 69.550665, 69.553454, 68.83038, 69.336771 ] }, { "date": "2025-12-26", "close": 68.459999, "volume": 4, "typical_volume": 77.9, "trend": 70.437682, "fair_value": 80.302645, "relative_strength": -20.166873, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.561873, "energy": 16.253748, "activity_lines": [ 69.135998, 69.369454, 68.828475, 69.189074 ] }, { "date": "2026-01-02", "close": 69.220001, "volume": 61, "typical_volume": 80.2, "trend": 70.13952, "fair_value": 80.211164, "relative_strength": -20.366644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.926609, "energy": 15.264487, "activity_lines": [ 69.094666, 69.354181, 68.896857, 69.110514 ] }, { "date": "2026-01-09", "close": 69.940002, "volume": 8, "typical_volume": 80.6, "trend": 69.881192, "fair_value": 80.124299, "relative_strength": -19.849918, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.575675, "energy": 10.482943, "activity_lines": [ 69.348, 69.470909, 69.029714, 69.097642 ] }, { "date": "2026-01-16", "close": 68.300003, "volume": 10, "typical_volume": 81.1, "trend": 69.6863, "fair_value": 80.021754, "relative_strength": -22.265561, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.865844, "energy": 14.376971, "activity_lines": [ 69.014668, 69.232728, 69.011238, 68.99563 ] }, { "date": "2026-01-23", "close": 67.639999, "volume": 67, "typical_volume": 84.45, "trend": 69.511634, "fair_value": 79.914978, "relative_strength": -23.280886, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.678531, "energy": 21.650825, "activity_lines": [ 68.541334, 68.894182, 68.935048, 68.86361 ] }, { "date": "2026-01-30", "close": 69.339996, "volume": 175, "typical_volume": 93.2, "trend": 69.275533, "fair_value": 79.810087, "relative_strength": -22.124995, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.053516, "energy": 13.892653, "activity_lines": [ 68.750666, 68.918181, 69.016285, 68.852537 ] }, { "date": "2026-02-06", "close": 74.0, "volume": 1021, "typical_volume": 122.1, "trend": 69.255466, "fair_value": 79.734348, "relative_strength": -17.375821, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 45.083633, "energy": 40.629458, "activity_lines": [ 70.454666, 69.806181, 69.527238, 69.157341 ] }, { "date": "2026-02-13", "close": 78.540001, "volume": 0, "typical_volume": 101.85, "trend": 69.329331, "fair_value": 79.663919, "relative_strength": -11.090674, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.131472, "energy": 81.885747, "activity_lines": [ 73.353333, 71.447636, 70.432285, 69.756344 ] }, { "date": "2026-02-20", "close": 77.32, "volume": 0, "typical_volume": 101.85, "trend": 69.349333, "fair_value": 79.571971, "relative_strength": -14.697923, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.963925, "energy": 88.525201, "activity_lines": [ 75.272, 72.7, 71.161333, 70.271871 ] }, { "date": "2026-02-27", "close": 78.0, "volume": 0, "typical_volume": 95.25, "trend": 69.678666, "fair_value": 79.47549, "relative_strength": -11.759494, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.627366, "energy": 91.547845, "activity_lines": [ 76.816, 73.933818, 71.901905, 70.829978 ] }, { "date": "2026-03-06", "close": 70.919998, "volume": 1487, "typical_volume": 165.6, "trend": 69.775333, "fair_value": 79.339632, "relative_strength": -14.805274, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.476983, "energy": 77.385641, "activity_lines": [ 75.309333, 73.723636, 71.915809, 70.910064 ] }, { "date": "2026-03-13", "close": 71.199997, "volume": 8, "typical_volume": 163.5, "trend": 69.869999, "fair_value": 79.2135, "relative_strength": -11.711621, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.933782, "energy": 41.454715, "activity_lines": [ 73.790665, 73.519635, 71.952666, 71.001978 ] }, { "date": "2026-03-20", "close": 66.199997, "volume": 0, "typical_volume": 163.5, "trend": 69.711333, "fair_value": 79.049789, "relative_strength": -16.313256, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 3.038573, "energy": 14.723688, "activity_lines": [ 70.791998, 72.370544, 71.50419, 70.765204 ] }, { "date": "2026-03-27", "close": 65.459999, "volume": 827, "typical_volume": 204.85, "trend": 69.580666, "fair_value": 78.881575, "relative_strength": -17.891032, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -25.226102, "energy": 37.393053, "activity_lines": [ 68.369331, 71.154908, 70.98819, 70.490924 ] }, { "date": "2026-04-03", "close": 67.660004, "volume": 6, "typical_volume": 205.15, "trend": 69.612666, "fair_value": 78.712384, "relative_strength": -17.331951, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.041299, "energy": 35.963404, "activity_lines": [ 67.470667, 70.390909, 70.70038, 70.36701 ] }, { "date": "2026-04-10", "close": 68.360001, "volume": 69, "typical_volume": 193.4, "trend": 69.678666, "fair_value": 78.543474, "relative_strength": -20.815973, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.947907, "energy": 35.870399, "activity_lines": [ 67.494667, 69.753818, 70.493143, 70.286193 ] }, { "date": "2026-04-17", "close": 68.040001, "volume": 0, "typical_volume": 193.15, "trend": 69.748, "fair_value": 78.360797, "relative_strength": -22.272591, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.048991, "energy": 44.651312, "activity_lines": [ 67.582668, 69.076364, 70.264476, 70.180473 ] }, { "date": "2026-04-24", "close": 66.779999, "volume": 0, "typical_volume": 193.15, "trend": 69.774666, "fair_value": 78.163171, "relative_strength": -20.264661, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.480029, "energy": 30.505738, "activity_lines": [ 67.461334, 68.278182, 69.925333, 69.988989 ] }, { "date": "2026-05-01", "close": 65.699997, "volume": 0, "typical_volume": 190.65, "trend": 69.76, "fair_value": 77.958623, "relative_strength": -21.310331, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.391234, "energy": 42.354449, "activity_lines": [ 66.941333, 67.497454, 69.495523, 69.726107 ] }, { "date": "2026-05-08", "close": 66.160004, "volume": 0, "typical_volume": 187.15, "trend": 69.732, "fair_value": 77.757023, "relative_strength": -21.228317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.843165, "energy": 46.046842, "activity_lines": [ 66.558667, 67.011637, 69.127619, 69.493849 ] }, { "date": "2026-05-15", "close": 65.540001, "volume": 0, "typical_volume": 186.95, "trend": 69.578666, "fair_value": 77.562699, "relative_strength": -20.973543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.685627, "energy": 61.149728, "activity_lines": [ 66.069334, 66.628364, 68.716, 69.223398 ] }, { "date": "2026-05-22", "close": 68.919998, "volume": 0, "typical_volume": 183.9, "trend": 69.566666, "fair_value": 77.391561, "relative_strength": -17.973891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.365151, "energy": 38.040361, "activity_lines": [ 66.894667, 66.957455, 68.64019, 69.180903 ] }, { "date": "2026-05-29", "close": 67.400002, "volume": 0, "typical_volume": 183.5, "trend": 69.586, "fair_value": 77.247042, "relative_strength": -21.236626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.178108, "energy": 25.905513, "activity_lines": [ 67.154667, 67.051637, 68.421048, 69.041118 ] }, { "date": "2026-06-05", "close": 66.860001, "volume": 0, "typical_volume": 183.0, "trend": 69.502, "fair_value": 77.102345, "relative_strength": -20.312237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.665667, "energy": 24.286296, "activity_lines": [ 67.193334, 67.025819, 68.162572, 68.865247 ] }, { "date": "2026-06-12", "close": 70.760002, "volume": 0, "typical_volume": 179.65, "trend": 69.508, "fair_value": 76.978757, "relative_strength": -17.262123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.225668, "energy": 16.517092, "activity_lines": [ 68.454668, 67.683637, 68.282381, 68.946409 ] }, { "date": "2026-06-19", "close": 69.959999, "volume": 20, "typical_volume": 171.9, "trend": 69.498, "fair_value": 76.859039, "relative_strength": -20.85558, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.021714, "energy": 17.430548, "activity_lines": [ 69.142667, 68.139637, 68.311143, 68.97557 ] }, { "date": "2026-06-26", "close": 73.959999, "volume": 154, "typical_volume": 128.55, "trend": 69.628666, "fair_value": 76.765449, "relative_strength": -14.141349, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 39.501884, "energy": 43.730956, "activity_lines": [ 70.869333, 69.293818, 68.717905, 69.263441 ] }, { "date": "2026-07-03", "close": 75.627808, "volume": 0, "typical_volume": 128.55, "trend": 69.83826, "fair_value": 76.672943, "relative_strength": -13.610776, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.471478, "energy": 68.835916, "activity_lines": [ 72.815936, 70.643602, 69.283696, 69.650482 ] }, { "date": "2026-07-10", "close": 74.993942, "volume": 0, "typical_volume": 128.55, "trend": 70.021392, "fair_value": 76.580752, "relative_strength": -12.62473, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.727482, "energy": 69.63362, "activity_lines": [ 74.002729, 71.717267, 69.802987, 69.983107 ] }, { "date": "2026-07-17", "close": 76.301285, "volume": 0, "typical_volume": 128.55, "trend": 70.252101, "fair_value": 76.476996, "relative_strength": -8.759216, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.669515, "energy": 85.824461, "activity_lines": [ 75.083041, 72.859651, 70.457863, 70.388261 ] }, { "date": "2026-07-24", "close": 75.568382, "volume": 0, "typical_volume": 54.2, "trend": 70.489047, "fair_value": 76.367569, "relative_strength": -10.243886, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.176082, "energy": 81.508169, "activity_lines": [ 75.549633, 73.684392, 71.051028, 70.731247 ] }, { "date": "2026-07-31", "close": 77.905759, "volume": 90, "typical_volume": 58.3, "trend": 70.778573, "fair_value": 76.325083, "relative_strength": -7.055599, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.787894, "energy": 81.017713, "activity_lines": [ 76.421458, 74.751777, 71.844665, 71.209745 ] }, { "date": "2026-08-07", "close": 77.339996, "volume": 0, "typical_volume": 58.3, "trend": 71.025239, "fair_value": 76.27088, "relative_strength": -10.061598, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.669349, "energy": 71.459336, "activity_lines": [ 76.841645, 75.552919, 72.552487, 71.633062 ] } ], "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." } } }