{ "ticker": { "uuid": "ca8f2db6-4e46-41d1-a61a-21351fef88d1", "symbol": "OMAB", "name": "Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 49.147, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -22.936, "architecture_energy": 14.776, "architecture_maturity": 31.199, "architecture_confidence": 53.449, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 52.5, "rotation_up": 20.71, "upward_expansion": 16.4, "deceleration": 57.74, "rotation_down": 39.22, "downward_expansion": 59.4 }, "activity_lines": [ 232.219335, 233.581455, 231.025388, 233.867127 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 236.740005, "trend_reference": 238.419434, "distance_from_trend": -0.007044, "trend_direction": "Weakening", "fair_value": 188.46379, "distance_from_fair_value": 0.256156, "fair_value_direction": "Improving", "relative_strength": -1.738877, "relative_strength_direction": "Improving", "price_momentum": -0.093153, "excess_performance": -0.038486, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.007044, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.003808, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.256156, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.022489, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017389, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.127536, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.093153, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.935152, "read": "Supply-led" } ], "volume": { "latest": 2750044, "relative_activity": 0.892779, "balance": 0.935152, "dry_up": 0.840981, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.053117, "annualized_volatility": 0.300437, "from_high_reference": -0.159725, "from_low_reference": 0.122232 }, "levels": { "trend_reference": 238.419434, "fair_value_reference": 188.46379, "structural_low": 211.630005, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.00075, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": 0.001324, "regime_survival": 0.545455, "best_return": 0.223587, "worst_return": -0.115183, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.125104, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.083344, "regime_survival": 0.0, "best_return": 0.152396, "worst_return": 0.013075, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.255308, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.098522, "regime_survival": 0.0, "best_return": 0.418052, "worst_return": 0.026471, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.325182, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.353932, "regime_survival": 0.333333, "best_return": 0.451555, "worst_return": 0.149968, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-06-07", "tenure": "Developing", "return": -0.10821, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-07-26", "tenure": "Developing", "return": 0.009074, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-09-20", "tenure": "Developing", "return": 0.132139, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-25", "tenure": "Developing", "return": -0.017407, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-12-06", "tenure": "Developing", "return": 0.167089, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-03-21", "tenure": "Established", "return": 0.094831, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.017399, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-11", "end": "2025-08-08", "tenure": "Established", "return": 0.26647, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-11-21", "tenure": "Established", "return": -0.05706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": 0.041211, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-04-03", "tenure": "Developing", "return": -0.042128, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": -0.077715, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.004452, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.117594, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 162.481049, "volume": 3144449, "typical_volume": 3365346.5, "trend": 158.382172, "fair_value": 111.255872, "relative_strength": 10.005196, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.518385, "energy": 26.426848, "activity_lines": [ 162.143386, 161.25154, 160.640359, 160.469158 ] }, { "date": "2023-08-25", "close": 160.683289, "volume": 2459611, "typical_volume": 3416057.15, "trend": 158.953612, "fair_value": 111.825744, "relative_strength": 8.33818, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.663936, "energy": 16.427577, "activity_lines": [ 161.668596, 161.308571, 160.609406, 160.617617 ] }, { "date": "2023-09-01", "close": 168.937424, "volume": 2666768, "typical_volume": 3350093.4, "trend": 159.769093, "fair_value": 112.45236, "relative_strength": 13.375034, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.971709, "energy": 38.178825, "activity_lines": [ 164.021242, 162.861025, 161.394697, 161.261734 ] }, { "date": "2023-09-08", "close": 175.990158, "volume": 5213515, "typical_volume": 3324768.7, "trend": 160.911031, "fair_value": 113.13916, "relative_strength": 18.778041, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.234921, "energy": 62.422593, "activity_lines": [ 168.328369, 165.452845, 162.86295, 162.308254 ] }, { "date": "2023-09-15", "close": 177.615067, "volume": 5040929, "typical_volume": 3230693.05, "trend": 161.855874, "fair_value": 113.831505, "relative_strength": 21.802629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.718309, "energy": 71.925185, "activity_lines": [ 172.179724, 168.000352, 164.356281, 163.385934 ] }, { "date": "2023-09-22", "close": 178.286224, "volume": 5325585, "typical_volume": 3294992.35, "trend": 162.967569, "fair_value": 114.528242, "relative_strength": 20.670948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.802812, "energy": 77.165422, "activity_lines": [ 175.228, 170.329665, 165.859987, 164.445957 ] }, { "date": "2023-09-29", "close": 164.770584, "volume": 6727907, "typical_volume": 3484754.7, "trend": 163.378721, "fair_value": 115.134643, "relative_strength": 12.604359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.632645, "energy": 60.63074, "activity_lines": [ 172.717384, 169.887036, 165.987574, 164.56228 ] }, { "date": "2023-10-06", "close": 128.894165, "volume": 21250890, "typical_volume": 4386625.35, "trend": 162.473374, "fair_value": 115.501099, "relative_strength": -9.876304, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -29.360138, "energy": 19.801597, "activity_lines": [ 157.975475, 162.86785, 162.68702, 162.33747 ] }, { "date": "2023-10-13", "close": 130.764099, "volume": 9544468, "typical_volume": 4630889.65, "trend": 161.369437, "fair_value": 115.886623, "relative_strength": -8.117611, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.87227, "energy": 50.587765, "activity_lines": [ 146.526428, 156.808594, 159.739278, 160.291711 ] }, { "date": "2023-10-20", "close": 135.695465, "volume": 11068817, "typical_volume": 5053082.45, "trend": 160.384892, "fair_value": 116.276428, "relative_strength": -2.654989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.472559, "energy": 54.781747, "activity_lines": [ 139.736241, 152.196221, 157.407568, 158.635325 ] }, { "date": "2023-10-27", "close": 111.638702, "volume": 11987302, "typical_volume": 5510257.65, "trend": 158.448033, "fair_value": 116.560369, "relative_strength": -20.8624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.225964, "energy": 85.827902, "activity_lines": [ 127.721772, 143.69203, 152.879277, 155.49041 ] }, { "date": "2023-11-03", "close": 124.606407, "volume": 9294931, "typical_volume": 5779621.25, "trend": 157.034527, "fair_value": 116.882202, "relative_strength": -15.539897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.626908, "energy": 79.306568, "activity_lines": [ 124.47304, 138.47001, 149.808595, 153.307079 ] }, { "date": "2023-11-10", "close": 118.083435, "volume": 14499908, "typical_volume": 6298351.85, "trend": 155.260476, "fair_value": 117.109275, "relative_strength": -19.79268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.294168, "energy": 77.995164, "activity_lines": [ 121.727596, 132.717938, 146.287076, 150.794105 ] }, { "date": "2023-11-17", "close": 127.433044, "volume": 16291133, "typical_volume": 6966537.85, "trend": 154.549631, "fair_value": 117.383472, "relative_strength": -15.618685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.975581, "energy": 61.856075, "activity_lines": [ 122.819403, 129.590413, 143.834529, 148.998787 ] }, { "date": "2023-11-24", "close": 132.616623, "volume": 4709591, "typical_volume": 7102432.8, "trend": 153.424501, "fair_value": 117.70082, "relative_strength": -12.483868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.933283, "energy": 43.345566, "activity_lines": [ 125.861141, 128.288214, 142.017898, 147.583754 ] }, { "date": "2023-12-01", "close": 136.878311, "volume": 41505265, "typical_volume": 9078238.45, "trend": 152.66664, "fair_value": 118.003679, "relative_strength": -11.180487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.001516, "energy": 31.794144, "activity_lines": [ 130.528697, 128.579021, 140.732315, 146.516258 ] }, { "date": "2023-12-08", "close": 134.921417, "volume": 7599381, "typical_volume": 9331684.15, "trend": 151.751046, "fair_value": 118.300894, "relative_strength": -13.141789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.630076, "energy": 23.315994, "activity_lines": [ 132.861315, 129.266899, 139.375158, 145.371405 ] }, { "date": "2023-12-15", "close": 155.925415, "volume": 10016462, "typical_volume": 9700206.75, "trend": 151.429023, "fair_value": 118.71489, "relative_strength": -4.574247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.349007, "energy": 17.139547, "activity_lines": [ 141.507598, 134.316399, 140.14649, 145.640719 ] }, { "date": "2023-12-22", "close": 153.168381, "volume": 7717094, "typical_volume": 9933927.45, "trend": 151.151184, "fair_value": 119.121722, "relative_strength": -6.610989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.118173, "energy": 18.319973, "activity_lines": [ 146.712071, 138.373143, 140.688893, 145.752936 ] }, { "date": "2023-12-29", "close": 156.195038, "volume": 2994565, "typical_volume": 9952928.55, "trend": 151.172735, "fair_value": 119.543941, "relative_strength": -4.99463, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 19.902885, "energy": 24.834848, "activity_lines": [ 151.20974, 142.572837, 141.556981, 146.078346 ] }, { "date": "2024-01-05", "close": 147.245514, "volume": 2350452, "typical_volume": 9913228.7, "trend": 150.801497, "fair_value": 119.879026, "relative_strength": -8.537791, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.749545, "energy": 29.742556, "activity_lines": [ 151.152341, 144.772625, 141.60139, 145.824977 ] }, { "date": "2024-01-12", "close": 137.965485, "volume": 4822663, "typical_volume": 10031381.3, "trend": 150.054008, "fair_value": 120.194356, "relative_strength": -13.332736, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -12.155912, "energy": 17.740537, "activity_lines": [ 147.310451, 144.637739, 140.834537, 144.996847 ] }, { "date": "2024-01-19", "close": 137.469711, "volume": 4615399, "typical_volume": 10128812.85, "trend": 149.450491, "fair_value": 120.535552, "relative_strength": -13.298445, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.655248, "energy": 12.947063, "activity_lines": [ 143.100366, 144.16982, 140.128648, 144.184957 ] }, { "date": "2024-01-26", "close": 138.81781, "volume": 4527992, "typical_volume": 10094536.7, "trend": 148.834289, "fair_value": 120.879752, "relative_strength": -14.50696, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.897533, "energy": 24.176895, "activity_lines": [ 140.570028, 143.594532, 139.700995, 143.498977 ] }, { "date": "2024-02-02", "close": 139.931061, "volume": 4995480, "typical_volume": 10092264.25, "trend": 148.201897, "fair_value": 121.225226, "relative_strength": -15.697184, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.730863, "energy": 28.095355, "activity_lines": [ 139.367477, 143.014658, 139.556378, 142.924576 ] }, { "date": "2024-02-09", "close": 139.844086, "volume": 4392468, "typical_volume": 10045608.4, "trend": 147.497174, "fair_value": 121.580244, "relative_strength": -14.276941, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.500636, "energy": 26.228743, "activity_lines": [ 139.220201, 142.28598, 139.582925, 142.385362 ] }, { "date": "2024-02-16", "close": 134.460464, "volume": 2352425, "typical_volume": 9826834.3, "trend": 146.585051, "fair_value": 121.892229, "relative_strength": -17.058873, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.299509, "energy": 34.4879, "activity_lines": [ 137.771812, 140.524538, 139.279803, 141.544284 ] }, { "date": "2024-02-23", "close": 131.764282, "volume": 3143832, "typical_volume": 8921481.4, "trend": 145.544161, "fair_value": 122.189545, "relative_strength": -17.807521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.636626, "energy": 46.9026, "activity_lines": [ 135.658364, 138.281263, 138.864237, 140.588105 ] }, { "date": "2024-03-01", "close": 129.676941, "volume": 4997487, "typical_volume": 8694132.35, "trend": 144.499091, "fair_value": 122.407366, "relative_strength": -17.203966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.858536, "energy": 57.477644, "activity_lines": [ 133.229497, 136.097764, 138.236209, 139.564414 ] }, { "date": "2024-03-08", "close": 124.15416, "volume": 3110566, "typical_volume": 8296219.8, "trend": 143.23046, "fair_value": 122.612063, "relative_strength": -19.481809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.002635, "energy": 70.322114, "activity_lines": [ 129.569095, 133.337241, 137.087378, 138.251838 ] }, { "date": "2024-03-15", "close": 127.093834, "volume": 6245690, "typical_volume": 8009139.2, "trend": 142.050887, "fair_value": 122.812063, "relative_strength": -18.972559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.043716, "energy": 74.065101, "activity_lines": [ 127.940377, 131.693765, 136.273475, 137.210765 ] }, { "date": "2024-03-22", "close": 133.790771, "volume": 4037223, "typical_volume": 7746253.8, "trend": 141.154469, "fair_value": 123.103248, "relative_strength": -14.827984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.608588, "energy": 61.794781, "activity_lines": [ 129.393989, 131.634308, 136.02378, 136.677854 ] }, { "date": "2024-03-29", "close": 142.4272, "volume": 3690875, "typical_volume": 7205802.15, "trend": 140.270795, "fair_value": 123.436625, "relative_strength": -10.113608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.882255, "energy": 19.489317, "activity_lines": [ 133.771056, 133.221015, 136.552867, 136.759966 ] }, { "date": "2024-04-05", "close": 152.872665, "volume": 4358735, "typical_volume": 6609182.25, "trend": 139.500212, "fair_value": 123.812562, "relative_strength": -4.396541, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 32.550465, "energy": 29.243691, "activity_lines": [ 140.919084, 136.616761, 137.960837, 137.57299 ] }, { "date": "2024-04-12", "close": 144.453659, "volume": 3591896, "typical_volume": 6553297.5, "trend": 138.394832, "fair_value": 124.141161, "relative_strength": -6.838512, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.101365, "energy": 32.580949, "activity_lines": [ 143.714395, 138.226236, 138.445856, 137.892567 ] }, { "date": "2024-04-19", "close": 139.28746, "volume": 2396343, "typical_volume": 4597851.4, "trend": 137.094873, "fair_value": 124.428029, "relative_strength": -8.87834, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.358715, "energy": 44.480794, "activity_lines": [ 143.43434, 138.814173, 138.382489, 137.950156 ] }, { "date": "2024-04-26", "close": 164.283539, "volume": 2959605, "typical_volume": 4365862.6, "trend": 137.078638, "fair_value": 124.913057, "relative_strength": 3.941078, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.323058, "energy": 80.529946, "activity_lines": [ 150.673403, 143.956973, 140.68823, 139.704263 ] }, { "date": "2024-05-03", "close": 160.378433, "volume": 3164717, "typical_volume": 4023275.35, "trend": 138.128114, "fair_value": 125.377336, "relative_strength": 2.782175, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.056903, "energy": 80.392297, "activity_lines": [ 154.577912, 147.847515, 142.482235, 141.207476 ] }, { "date": "2024-05-10", "close": 162.29187, "volume": 2204033, "typical_volume": 3747622.3, "trend": 139.179039, "fair_value": 125.829437, "relative_strength": 3.062418, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.803347, "energy": 81.995528, "activity_lines": [ 157.923485, 151.565697, 144.437268, 142.766428 ] }, { "date": "2024-05-17", "close": 159.900116, "volume": 2294276, "typical_volume": 3712607.85, "trend": 139.985861, "fair_value": 126.294845, "relative_strength": 1.977658, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.825106, "energy": 80.876895, "activity_lines": [ 159.84386, 154.256017, 146.12107, 144.103272 ] }, { "date": "2024-05-24", "close": 151.844666, "volume": 1657539, "typical_volume": 3677962.2, "trend": 141.32606, "fair_value": 126.69513, "relative_strength": 0.809849, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.605127, "energy": 58.723288, "activity_lines": [ 158.049321, 154.831782, 147.020042, 144.868356 ] }, { "date": "2024-05-31", "close": 155.866257, "volume": 5591094, "typical_volume": 3716383.75, "trend": 142.368055, "fair_value": 127.111499, "relative_strength": 3.989997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.43605, "energy": 43.987477, "activity_lines": [ 156.758165, 155.688731, 148.280123, 145.806433 ] }, { "date": "2024-06-07", "close": 146.506424, "volume": 7999000, "typical_volume": 3885563.8, "trend": 143.315488, "fair_value": 127.463944, "relative_strength": 1.908993, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.680805, "energy": 25.012228, "activity_lines": [ 152.908217, 154.44252, 148.563549, 146.073425 ] }, { "date": "2024-06-14", "close": 142.14444, "volume": 8693537, "typical_volume": 4093841.05, "trend": 143.805868, "fair_value": 127.780852, "relative_strength": 0.447382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.264209, "energy": 18.880108, "activity_lines": [ 148.529074, 152.329053, 148.388516, 145.997873 ] }, { "date": "2024-06-21", "close": 139.72612, "volume": 8446853, "typical_volume": 4266409.7, "trend": 144.042851, "fair_value": 128.076666, "relative_strength": -2.132097, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.676021, "energy": 18.784805, "activity_lines": [ 144.686987, 149.97095, 147.967326, 145.734664 ] }, { "date": "2024-06-28", "close": 139.054352, "volume": 4057828, "typical_volume": 4249677.7, "trend": 144.115386, "fair_value": 128.384454, "relative_strength": -1.754797, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.467537, "energy": 23.528755, "activity_lines": [ 141.965911, 147.576663, 147.483134, 145.412825 ] }, { "date": "2024-07-05", "close": 135.516418, "volume": 3131336, "typical_volume": 4288623.25, "trend": 144.135219, "fair_value": 128.665323, "relative_strength": -3.813322, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.5011, "energy": 32.661951, "activity_lines": [ 138.918211, 144.543353, 146.665756, 144.858053 ] }, { "date": "2024-07-12", "close": 148.387344, "volume": 3797123, "typical_volume": 4321287.8, "trend": 143.88395, "fair_value": 129.066492, "relative_strength": 0.51169, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.419943, "energy": 19.601217, "activity_lines": [ 141.517475, 144.37325, 147.069153, 145.132383 ] }, { "date": "2024-07-19", "close": 143.040131, "volume": 2761784, "typical_volume": 4209502.65, "trend": 143.546342, "fair_value": 129.448628, "relative_strength": -0.561524, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.323053, "energy": 15.127452, "activity_lines": [ 142.208941, 143.448946, 146.884134, 145.077943 ] }, { "date": "2024-07-26", "close": 143.434219, "volume": 2277384, "typical_volume": 4167843.55, "trend": 143.120981, "fair_value": 129.818542, "relative_strength": 1.516704, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.637361, "energy": 7.329866, "activity_lines": [ 142.972056, 142.946327, 146.673012, 145.07071 ] }, { "date": "2024-08-02", "close": 138.955826, "volume": 3331874, "typical_volume": 4022152.75, "trend": 142.844658, "fair_value": 130.177608, "relative_strength": -0.335138, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.735051, "energy": 6.160583, "activity_lines": [ 141.995167, 141.928834, 145.943568, 144.80199 ] }, { "date": "2024-08-09", "close": 134.943192, "volume": 1876607, "typical_volume": 3914121.95, "trend": 142.743915, "fair_value": 130.494671, "relative_strength": -4.342622, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.700072, "energy": 20.692048, "activity_lines": [ 139.687302, 140.416114, 144.775482, 144.292218 ] }, { "date": "2024-08-16", "close": 137.854141, "volume": 2036020, "typical_volume": 3831379.2, "trend": 142.756729, "fair_value": 130.836888, "relative_strength": -3.792462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.063451, "energy": 28.884832, "activity_lines": [ 138.387968, 139.813076, 143.879141, 143.976749 ] }, { "date": "2024-08-23", "close": 132.480057, "volume": 3913976, "typical_volume": 3809141.25, "trend": 142.545471, "fair_value": 131.133832, "relative_strength": -6.147565, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.186815, "energy": 46.306801, "activity_lines": [ 135.999486, 138.390247, 142.492759, 143.313738 ] }, { "date": "2024-08-30", "close": 141.392075, "volume": 7911261, "typical_volume": 4025109.5, "trend": 142.594171, "fair_value": 131.48804, "relative_strength": 1.634261, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.873764, "energy": 33.611587, "activity_lines": [ 137.285682, 138.763501, 142.052249, 143.239325 ] }, { "date": "2024-09-06", "close": 142.341492, "volume": 3881919, "typical_volume": 4099388.3, "trend": 142.677418, "fair_value": 131.851896, "relative_strength": 6.422326, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.071541, "energy": 17.303663, "activity_lines": [ 139.024494, 139.279085, 141.716738, 143.223023 ] }, { "date": "2024-09-13", "close": 154.406326, "volume": 4600299, "typical_volume": 4181423.0, "trend": 143.34228, "fair_value": 132.300623, "relative_strength": 13.780947, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.335969, "energy": 15.7746, "activity_lines": [ 144.559205, 141.92851, 142.515717, 143.979727 ] }, { "date": "2024-09-20", "close": 157.317276, "volume": 4072753, "typical_volume": 4226824.8, "trend": 144.194047, "fair_value": 132.765845, "relative_strength": 15.912605, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 40.364349, "energy": 36.444541, "activity_lines": [ 149.766691, 144.763746, 143.638962, 144.881339 ] }, { "date": "2024-09-27", "close": 150.250351, "volume": 4783913, "typical_volume": 4355818.8, "trend": 144.879827, "fair_value": 133.183827, "relative_strength": 9.791113, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.734542, "energy": 39.653553, "activity_lines": [ 151.320993, 146.151723, 144.103745, 145.272069 ] }, { "date": "2024-10-04", "close": 146.56015, "volume": 2453751, "typical_volume": 4363792.55, "trend": 145.626693, "fair_value": 133.542119, "relative_strength": 7.285547, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.271086, "energy": 36.200225, "activity_lines": [ 150.460542, 146.737661, 144.27442, 145.380477 ] }, { "date": "2024-10-11", "close": 147.115479, "volume": 2808226, "typical_volume": 4421326.9, "trend": 146.294082, "fair_value": 133.903972, "relative_strength": 8.004648, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.689631, "energy": 32.161356, "activity_lines": [ 149.440662, 147.367732, 144.561507, 145.476527 ] }, { "date": "2024-10-18", "close": 156.04541, "volume": 4238916, "typical_volume": 4353718.0, "trend": 147.035903, "fair_value": 134.335695, "relative_strength": 13.085349, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.825751, "energy": 23.450217, "activity_lines": [ 151.07916, 149.473069, 145.721584, 146.105645 ] }, { "date": "2024-10-25", "close": 147.634964, "volume": 2679068, "typical_volume": 4087721.4, "trend": 147.209495, "fair_value": 134.721803, "relative_strength": 9.097974, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.219198, "energy": 11.536419, "activity_lines": [ 149.804903, 149.665558, 146.079813, 146.144294 ] }, { "date": "2024-11-01", "close": 145.85257, "volume": 2685253, "typical_volume": 3787307.2, "trend": 146.975492, "fair_value": 135.091841, "relative_strength": 9.890309, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.97105, "energy": 7.949274, "activity_lines": [ 148.582003, 149.356142, 146.262916, 146.056751 ] }, { "date": "2024-11-08", "close": 150.232452, "volume": 3069543, "typical_volume": 3518441.7, "trend": 147.168118, "fair_value": 135.453965, "relative_strength": 10.041197, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.776446, "energy": 10.322664, "activity_lines": [ 149.112249, 149.599931, 146.845493, 146.266877 ] }, { "date": "2024-11-15", "close": 144.007462, "volume": 3362563, "typical_volume": 3483678.45, "trend": 147.325452, "fair_value": 135.77826, "relative_strength": 8.014125, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.531069, "energy": 6.150824, "activity_lines": [ 147.322678, 148.551171, 146.785183, 146.062964 ] }, { "date": "2024-11-22", "close": 155.065002, "volume": 4275078, "typical_volume": 3540865.55, "trend": 147.018167, "fair_value": 136.20212, "relative_strength": 15.917971, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.163073, "energy": 9.982622, "activity_lines": [ 149.426155, 149.482581, 147.754387, 146.56229 ] }, { "date": "2024-11-29", "close": 145.608704, "volume": 4415068, "typical_volume": 3571762.8, "trend": 146.525843, "fair_value": 136.563965, "relative_strength": 9.892347, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.436325, "energy": 2.850111, "activity_lines": [ 148.442893, 148.682689, 147.729902, 146.471357 ] }, { "date": "2024-12-06", "close": 170.222931, "volume": 4466420, "typical_volume": 3656994.6, "trend": 146.790212, "fair_value": 137.031811, "relative_strength": 23.87824, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.541965, "energy": 51.899046, "activity_lines": [ 155.799457, 152.570994, 150.06286, 148.000201 ] }, { "date": "2024-12-13", "close": 170.204391, "volume": 3677143, "typical_volume": 3726982.55, "trend": 147.133687, "fair_value": 137.494143, "relative_strength": 22.713724, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.590797, "energy": 71.085377, "activity_lines": [ 161.52515, 156.09279, 152.264612, 149.510793 ] }, { "date": "2024-12-20", "close": 166.811218, "volume": 4988469, "typical_volume": 3809812.3, "trend": 147.632572, "fair_value": 137.924119, "relative_strength": 24.582841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.677033, "energy": 70.380702, "activity_lines": [ 164.788324, 158.56775, 154.015726, 150.780311 ] }, { "date": "2024-12-27", "close": 163.844543, "volume": 1059302, "typical_volume": 3768947.05, "trend": 147.898515, "fair_value": 138.329165, "relative_strength": 22.575385, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.900898, "energy": 72.160585, "activity_lines": [ 165.542355, 160.145211, 155.351656, 151.826245 ] }, { "date": "2025-01-03", "close": 164.512054, "volume": 1827960, "typical_volume": 3758544.05, "trend": 148.498703, "fair_value": 138.725915, "relative_strength": 23.265937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.020755, "energy": 64.23477, "activity_lines": [ 165.933587, 161.702234, 156.613533, 152.898086 ] }, { "date": "2025-01-10", "close": 171.493027, "volume": 3499098, "typical_volume": 3737800.15, "trend": 149.476989, "fair_value": 139.131284, "relative_strength": 25.971995, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.962796, "energy": 51.842369, "activity_lines": [ 167.391587, 164.22167, 158.413321, 154.381591 ] }, { "date": "2025-01-17", "close": 184.833847, "volume": 3150717, "typical_volume": 3499772.95, "trend": 150.98058, "fair_value": 139.644246, "relative_strength": 33.691323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.185772, "energy": 64.108753, "activity_lines": [ 173.211854, 168.700518, 161.297888, 156.662679 ] }, { "date": "2025-01-24", "close": 186.864197, "volume": 2925615, "typical_volume": 3451957.75, "trend": 152.574242, "fair_value": 140.151337, "relative_strength": 30.348412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.560349, "energy": 79.006769, "activity_lines": [ 178.733607, 172.919405, 164.168956, 158.977751 ] }, { "date": "2025-01-31", "close": 181.394363, "volume": 3114066, "typical_volume": 3377646.1, "trend": 154.103506, "fair_value": 140.604732, "relative_strength": 25.910028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.148114, "energy": 76.7307, "activity_lines": [ 181.095217, 175.364564, 166.307075, 160.837113 ] }, { "date": "2025-02-07", "close": 184.416656, "volume": 2614889, "typical_volume": 3304752.9, "trend": 155.304484, "fair_value": 141.023586, "relative_strength": 23.223956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.478913, "energy": 79.268421, "activity_lines": [ 183.29427, 177.880515, 168.604516, 162.7928 ] }, { "date": "2025-02-14", "close": 191.416199, "volume": 4236273, "typical_volume": 3277370.9, "trend": 156.917019, "fair_value": 141.482789, "relative_strength": 23.92282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.351092, "energy": 80.528281, "activity_lines": [ 186.49953, 180.96351, 171.439537, 165.122588 ] }, { "date": "2025-02-21", "close": 189.209717, "volume": 3524207, "typical_volume": 3330893.7, "trend": 158.442869, "fair_value": 141.946024, "relative_strength": 22.283354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.699369, "energy": 63.560481, "activity_lines": [ 187.641085, 183.259995, 173.868388, 167.205988 ] }, { "date": "2025-02-28", "close": 182.859161, "volume": 4102644, "typical_volume": 3395614.6, "trend": 159.906314, "fair_value": 142.378856, "relative_strength": 20.437621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.207615, "energy": 52.078738, "activity_lines": [ 186.374063, 184.056282, 175.489331, 168.781233 ] }, { "date": "2025-03-07", "close": 175.358994, "volume": 3895656, "typical_volume": 3378451.6, "trend": 161.253507, "fair_value": 142.8059, "relative_strength": 13.577501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.290252, "energy": 41.658018, "activity_lines": [ 182.873988, 183.197122, 176.225764, 169.77818 ] }, { "date": "2025-03-14", "close": 187.642944, "volume": 5449543, "typical_volume": 3516975.35, "trend": 162.913134, "fair_value": 143.261478, "relative_strength": 21.306703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.129432, "energy": 37.359386, "activity_lines": [ 183.870921, 184.362053, 178.040128, 171.480724 ] }, { "date": "2025-03-21", "close": 186.345016, "volume": 4586352, "typical_volume": 3612030.3, "trend": 164.708632, "fair_value": 143.71234, "relative_strength": 19.12444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.560745, "energy": 32.210902, "activity_lines": [ 184.220125, 184.870436, 179.540365, 172.992459 ] }, { "date": "2025-03-28", "close": 187.031067, "volume": 3374059, "typical_volume": 3627256.1, "trend": 166.229932, "fair_value": 144.14389, "relative_strength": 17.649198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.929824, "energy": 32.241814, "activity_lines": [ 185.136092, 185.233519, 180.91312, 174.432616 ] }, { "date": "2025-04-04", "close": 183.776978, "volume": 5390511, "typical_volume": 3728653.5, "trend": 167.611115, "fair_value": 144.586363, "relative_strength": 18.74907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.89028, "energy": 34.962694, "activity_lines": [ 185.112606, 184.965001, 181.80073, 175.564683 ] }, { "date": "2025-04-11", "close": 186.697311, "volume": 6390541, "typical_volume": 3834426.65, "trend": 168.687481, "fair_value": 145.032223, "relative_strength": 19.7078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.188042, "energy": 33.45039, "activity_lines": [ 186.001376, 185.283583, 182.777088, 176.796051 ] }, { "date": "2025-04-18", "close": 187.262833, "volume": 1968465, "typical_volume": 3712096.5, "trend": 169.685666, "fair_value": 145.498919, "relative_strength": 15.864647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.58123, "energy": 33.439478, "activity_lines": [ 186.322766, 185.60857, 183.656675, 177.994461 ] }, { "date": "2025-04-25", "close": 204.747742, "volume": 4148562, "typical_volume": 3696203.6, "trend": 171.502246, "fair_value": 146.0844, "relative_strength": 17.843895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.140038, "energy": 49.175021, "activity_lines": [ 192.4978, 189.060882, 186.003139, 180.25653 ] }, { "date": "2025-05-02", "close": 200.223541, "volume": 3631168, "typical_volume": 3693904.85, "trend": 173.291026, "fair_value": 146.652098, "relative_strength": 16.544023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.548247, "energy": 58.237296, "activity_lines": [ 195.937918, 191.448221, 187.754323, 182.109517 ] }, { "date": "2025-05-09", "close": 215.01062, "volume": 4641231, "typical_volume": 3676542.95, "trend": 175.554197, "fair_value": 147.307377, "relative_strength": 22.755831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.150602, "energy": 74.906951, "activity_lines": [ 203.427564, 196.323869, 190.770851, 184.801104 ] }, { "date": "2025-05-16", "close": 225.199326, "volume": 5602726, "typical_volume": 3903714.15, "trend": 177.859328, "fair_value": 148.015378, "relative_strength": 24.533189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.355701, "energy": 85.508917, "activity_lines": [ 212.231203, 202.467436, 194.528212, 188.004015 ] }, { "date": "2025-05-23", "close": 222.418381, "volume": 4784685, "typical_volume": 4051550.4, "trend": 180.352108, "fair_value": 148.67618, "relative_strength": 21.305518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.711095, "energy": 84.368249, "activity_lines": [ 217.54106, 207.19919, 197.728555, 190.878793 ] }, { "date": "2025-05-30", "close": 227.632645, "volume": 7094429, "typical_volume": 4231316.95, "trend": 183.078111, "fair_value": 149.378769, "relative_strength": 24.522616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.664683, "energy": 88.006096, "activity_lines": [ 222.245301, 212.24671, 201.14975, 193.92915 ] }, { "date": "2025-06-06", "close": 235.363815, "volume": 4367175, "typical_volume": 4292139.85, "trend": 185.915823, "fair_value": 150.156055, "relative_strength": 27.26697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.629074, "energy": 89.758423, "activity_lines": [ 228.000938, 217.949214, 205.039916, 197.302421 ] }, { "date": "2025-06-13", "close": 235.021881, "volume": 3048639, "typical_volume": 4298291.05, "trend": 188.949637, "fair_value": 150.94692, "relative_strength": 27.406399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.231933, "energy": 86.859922, "activity_lines": [ 231.299913, 222.710771, 208.656897, 200.470554 ] }, { "date": "2025-06-20", "close": 228.724899, "volume": 4429960, "typical_volume": 4364085.75, "trend": 191.404967, "fair_value": 151.684613, "relative_strength": 25.513772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.487521, "energy": 71.328245, "activity_lines": [ 231.165809, 225.395696, 211.444844, 203.0367 ] }, { "date": "2025-06-27", "close": 233.834671, "volume": 3297554, "typical_volume": 4398219.0, "trend": 194.345832, "fair_value": 152.501951, "relative_strength": 24.744635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.163286, "energy": 61.327043, "activity_lines": [ 232.499925, 228.245533, 214.494052, 205.7741 ] }, { "date": "2025-07-04", "close": 245.820847, "volume": 4839367, "typical_volume": 4428373.7, "trend": 196.865763, "fair_value": 153.397658, "relative_strength": 28.563605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.652583, "energy": 65.329365, "activity_lines": [ 237.068346, 232.427914, 218.449476, 209.095069 ] }, { "date": "2025-07-11", "close": 249.800415, "volume": 5266993, "typical_volume": 4515513.0, "trend": 199.518964, "fair_value": 154.34195, "relative_strength": 32.515894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.349818, "energy": 67.065541, "activity_lines": [ 241.750744, 236.587069, 222.524838, 212.510208 ] }, { "date": "2025-07-18", "close": 247.577942, "volume": 5035760, "typical_volume": 4562168.8, "trend": 202.211188, "fair_value": 155.280199, "relative_strength": 30.774399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.114235, "energy": 65.585513, "activity_lines": [ 244.729877, 239.44074, 226.100008, 215.610787 ] }, { "date": "2025-07-25", "close": 235.800705, "volume": 5838508, "typical_volume": 4659311.4, "trend": 204.609726, "fair_value": 156.13459, "relative_strength": 21.303322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.073656, "energy": 58.942792, "activity_lines": [ 242.946194, 239.560963, 228.245352, 217.777853 ] }, { "date": "2025-08-01", "close": 235.819702, "volume": 4456536, "typical_volume": 4609661.05, "trend": 206.986648, "fair_value": 156.908501, "relative_strength": 21.194734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.664205, "energy": 51.59926, "activity_lines": [ 240.697122, 239.491886, 230.104688, 219.791399 ] }, { "date": "2025-08-08", "close": 236.446564, "volume": 2191275, "typical_volume": 4489907.2, "trend": 209.151766, "fair_value": 157.699396, "relative_strength": 18.053864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.038417, "energy": 39.974549, "activity_lines": [ 238.524669, 239.293125, 231.794311, 221.692039 ] }, { "date": "2025-08-15", "close": 238.194138, "volume": 2038290, "typical_volume": 4423118.75, "trend": 210.930442, "fair_value": 158.508744, "relative_strength": 17.410879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.326159, "energy": 32.137496, "activity_lines": [ 237.559694, 239.251851, 233.411792, 223.565741 ] }, { "date": "2025-08-22", "close": 236.380081, "volume": 1692651, "typical_volume": 4238225.75, "trend": 212.580972, "fair_value": 159.292651, "relative_strength": 13.783572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.999623, "energy": 28.185784, "activity_lines": [ 236.763784, 238.829288, 234.612871, 225.207653 ] }, { "date": "2025-08-29", "close": 225.856567, "volume": 3963952, "typical_volume": 4116896.3, "trend": 214.063045, "fair_value": 160.041382, "relative_strength": 8.972733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.562344, "energy": 18.701145, "activity_lines": [ 233.20656, 236.468665, 234.56122, 226.064143 ] }, { "date": "2025-09-05", "close": 234.347565, "volume": 4062409, "typical_volume": 4221593.5, "trend": 215.727409, "fair_value": 160.817975, "relative_strength": 9.111857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.331787, "energy": 16.831482, "activity_lines": [ 233.142612, 235.704011, 235.131763, 227.372821 ] }, { "date": "2025-09-12", "close": 244.196716, "volume": 3623616, "typical_volume": 4195346.2, "trend": 217.486759, "fair_value": 161.622616, "relative_strength": 10.681356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.846894, "energy": 25.408906, "activity_lines": [ 236.459856, 236.720786, 236.416107, 229.209551 ] }, { "date": "2025-09-19", "close": 234.917419, "volume": 4392134, "typical_volume": 4233394.5, "trend": 219.01035, "fair_value": 162.416887, "relative_strength": 7.041876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.894391, "energy": 17.982847, "activity_lines": [ 236.167325, 236.079946, 236.628856, 230.33411 ] }, { "date": "2025-09-26", "close": 227.053284, "volume": 2695264, "typical_volume": 4136096.15, "trend": 220.483487, "fair_value": 163.201869, "relative_strength": 1.188085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.367323, "energy": 10.118051, "activity_lines": [ 233.471863, 234.279863, 235.927431, 230.853009 ] }, { "date": "2025-10-03", "close": 220.74678, "volume": 2844840, "typical_volume": 3998201.85, "trend": 221.996413, "fair_value": 163.907737, "relative_strength": -1.518227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.490141, "energy": 8.318856, "activity_lines": [ 229.296019, 231.706318, 234.568041, 230.869995 ] }, { "date": "2025-10-10", "close": 231.156326, "volume": 2309137, "typical_volume": 3874424.45, "trend": 223.446859, "fair_value": 164.656094, "relative_strength": 4.972783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.098247, "energy": 14.621224, "activity_lines": [ 228.930677, 231.299126, 234.221239, 231.460957 ] }, { "date": "2025-10-17", "close": 228.136017, "volume": 4289370, "typical_volume": 3734171.5, "trend": 224.839893, "fair_value": 165.354235, "relative_strength": 1.22693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.191041, "energy": 15.945565, "activity_lines": [ 227.771314, 230.427576, 233.545179, 231.763484 ] }, { "date": "2025-10-24", "close": 225.18222, "volume": 4120397, "typical_volume": 3721832.6, "trend": 226.111598, "fair_value": 165.965964, "relative_strength": 0.453963, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.945429, "energy": 16.498026, "activity_lines": [ 226.698066, 229.170073, 232.585407, 231.785569 ] }, { "date": "2025-10-31", "close": 217.460556, "volume": 3252116, "typical_volume": 3732006.45, "trend": 227.234384, "fair_value": 166.515759, "relative_strength": -5.788326, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.784828, "energy": 34.761189, "activity_lines": [ 223.699943, 226.745211, 230.938724, 231.227438 ] }, { "date": "2025-11-07", "close": 229.323242, "volume": 2542601, "typical_volume": 3637638.5, "trend": 228.655248, "fair_value": 167.121962, "relative_strength": -1.969955, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.278215, "energy": 19.335734, "activity_lines": [ 225.295564, 226.821192, 230.505445, 231.362203 ] }, { "date": "2025-11-14", "close": 229.418228, "volume": 2225877, "typical_volume": 3584054.65, "trend": 230.060428, "fair_value": 167.694955, "relative_strength": -0.709193, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.331332, "energy": 14.998494, "activity_lines": [ 226.351082, 226.851413, 230.078363, 231.411427 ] }, { "date": "2025-11-21", "close": 224.602859, "volume": 2826085, "typical_volume": 3483390.55, "trend": 230.722265, "fair_value": 168.235811, "relative_strength": -2.365267, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.811175, "energy": 15.816424, "activity_lines": [ 225.917351, 226.095736, 229.213705, 231.059326 ] }, { "date": "2025-11-28", "close": 238.314148, "volume": 5159857, "typical_volume": 3478033.75, "trend": 231.991952, "fair_value": 168.871757, "relative_strength": 0.366186, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.494435, "energy": 12.431824, "activity_lines": [ 230.289593, 228.189274, 229.755922, 231.549125 ] }, { "date": "2025-12-05", "close": 225.02153, "volume": 3971977, "typical_volume": 3424844.6, "trend": 232.325649, "fair_value": 169.456524, "relative_strength": -5.020492, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.289625, "energy": 16.088922, "activity_lines": [ 229.355501, 227.804213, 229.086872, 231.09942 ] }, { "date": "2025-12-12", "close": 238.722549, "volume": 2652712, "typical_volume": 3265554.8, "trend": 232.776423, "fair_value": 170.190298, "relative_strength": -1.512692, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.349816, "energy": 8.017645, "activity_lines": [ 232.48435, 229.947187, 229.830093, 231.512123 ] }, { "date": "2025-12-19", "close": 235.669235, "volume": 7902802, "typical_volume": 3437868.1, "trend": 233.218118, "fair_value": 170.860096, "relative_strength": -1.801273, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.519873, "energy": 12.820711, "activity_lines": [ 233.968808, 231.208181, 230.268608, 231.698756 ] }, { "date": "2025-12-26", "close": 245.334824, "volume": 1155309, "typical_volume": 3386069.8, "trend": 233.808191, "fair_value": 171.639854, "relative_strength": -0.584638, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.961142, "energy": 27.430168, "activity_lines": [ 238.258394, 234.144502, 231.628372, 232.480479 ] }, { "date": "2026-01-02", "close": 235.396973, "volume": 1464685, "typical_volume": 3357389.55, "trend": 233.809296, "fair_value": 172.280863, "relative_strength": -2.54274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.236254, "energy": 24.019958, "activity_lines": [ 237.853233, 234.961235, 231.999349, 232.582981 ] }, { "date": "2026-01-09", "close": 243.419205, "volume": 2854923, "typical_volume": 3415503.15, "trend": 234.089207, "fair_value": 172.949746, "relative_strength": -2.265576, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.28851, "energy": 31.037505, "activity_lines": [ 240.316627, 237.050834, 233.147668, 233.202976 ] }, { "date": "2026-01-16", "close": 234.337067, "volume": 3785967, "typical_volume": 3406603.9, "trend": 234.276279, "fair_value": 173.532625, "relative_strength": -7.323787, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.3801, "energy": 20.910781, "activity_lines": [ 238.52613, 237.017159, 233.397502, 233.218967 ] }, { "date": "2026-01-23", "close": 243.866501, "volume": 3232767, "typical_volume": 3365121.8, "trend": 234.610673, "fair_value": 174.175743, "relative_strength": -5.015421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.470881, "energy": 17.884969, "activity_lines": [ 240.204477, 238.624948, 234.514518, 233.837691 ] }, { "date": "2026-01-30", "close": 248.135315, "volume": 2685223, "typical_volume": 3318202.15, "trend": 234.687822, "fair_value": 174.840245, "relative_strength": -2.564307, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.336904, "energy": 37.356206, "activity_lines": [ 242.759278, 240.746189, 235.992759, 234.710248 ] }, { "date": "2026-02-06", "close": 261.058411, "volume": 2696853, "typical_volume": 3233438.1, "trend": 235.063089, "fair_value": 175.605158, "relative_strength": -2.235165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.749509, "energy": 58.400432, "activity_lines": [ 249.435077, 244.789221, 238.683016, 236.411576 ] }, { "date": "2026-02-13", "close": 267.894348, "volume": 2295757, "typical_volume": 3213462.75, "trend": 235.740302, "fair_value": 176.365571, "relative_strength": -0.719902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.114693, "energy": 74.342178, "activity_lines": [ 256.67876, 249.661618, 241.899833, 238.529722 ] }, { "date": "2026-02-20", "close": 278.999084, "volume": 2324199, "typical_volume": 3187430.7, "trend": 237.180248, "fair_value": 177.224954, "relative_strength": 3.254308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.595832, "energy": 83.267901, "activity_lines": [ 265.992345, 255.773553, 245.979764, 241.320611 ] }, { "date": "2026-02-27", "close": 255.89502, "volume": 6772888, "typical_volume": 3410618.25, "trend": 237.849426, "fair_value": 177.888153, "relative_strength": -5.298295, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.702803, "energy": 72.177776, "activity_lines": [ 264.627108, 256.952448, 247.581915, 242.528016 ] }, { "date": "2026-03-06", "close": 238.742004, "volume": 4043864, "typical_volume": 3398342.95, "trend": 237.92594, "fair_value": 178.4182, "relative_strength": -6.38337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.114757, "energy": 37.622756, "activity_lines": [ 256.742297, 254.644872, 247.432642, 242.585602 ] }, { "date": "2026-03-13", "close": 229.047241, "volume": 4239447, "typical_volume": 3404295.45, "trend": 237.621044, "fair_value": 178.835925, "relative_strength": -7.867238, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.08156, "energy": 10.747165, "activity_lines": [ 246.25212, 250.694481, 246.309554, 242.012782 ] }, { "date": "2026-03-20", "close": 237.254242, "volume": 3431078, "typical_volume": 3413243.55, "trend": 237.650183, "fair_value": 179.297607, "relative_strength": -2.393199, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.078784, "energy": 22.468586, "activity_lines": [ 240.631687, 248.351721, 245.94968, 241.989118 ] }, { "date": "2026-03-27", "close": 251.07196, "volume": 4757589, "typical_volume": 3523992.95, "trend": 238.490696, "fair_value": 179.818937, "relative_strength": -0.784308, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.315323, "energy": 24.596583, "activity_lines": [ 241.659835, 248.633364, 246.811524, 242.855039 ] }, { "date": "2026-04-03", "close": 250.060654, "volume": 2271959, "typical_volume": 3526297.05, "trend": 239.014465, "fair_value": 180.351303, "relative_strength": -5.467653, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.154831, "energy": 19.126808, "activity_lines": [ 244.212688, 248.426863, 247.473487, 243.601488 ] }, { "date": "2026-04-10", "close": 244.488831, "volume": 4576812, "typical_volume": 3613833.4, "trend": 239.024202, "fair_value": 180.82043, "relative_strength": -7.935804, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.860283, "energy": 8.388021, "activity_lines": [ 245.297225, 247.094681, 247.506504, 243.954673 ] }, { "date": "2026-04-17", "close": 245.266754, "volume": 8797526, "typical_volume": 3795716.85, "trend": 239.36918, "fair_value": 181.439074, "relative_strength": -7.372555, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.778379, "energy": 15.07298, "activity_lines": [ 246.257948, 245.97024, 247.518913, 244.357418 ] }, { "date": "2026-04-24", "close": 247.756073, "volume": 2126027, "typical_volume": 3703419.35, "trend": 240.059273, "fair_value": 181.960776, "relative_strength": -5.612891, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.843327, "energy": 14.849185, "activity_lines": [ 246.967143, 245.585524, 247.735293, 244.898508 ] }, { "date": "2026-05-01", "close": 224.136642, "volume": 3912116, "typical_volume": 3766389.55, "trend": 240.172269, "fair_value": 182.374382, "relative_strength": -12.758232, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.449445, "energy": 20.250757, "activity_lines": [ 239.103072, 241.272516, 245.593943, 243.871241 ] }, { "date": "2026-05-08", "close": 225.488281, "volume": 3192883, "typical_volume": 3530893.6, "trend": 239.983334, "fair_value": 182.778863, "relative_strength": -14.492445, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.992406, "energy": 37.395877, "activity_lines": [ 233.485235, 238.202759, 243.650777, 242.923887 ] }, { "date": "2026-05-15", "close": 216.80481, "volume": 2995562, "typical_volume": 3622906.25, "trend": 239.605627, "fair_value": 183.107188, "relative_strength": -15.212802, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.022773, "energy": 54.849122, "activity_lines": [ 226.611067, 234.10704, 240.929095, 241.428498 ] }, { "date": "2026-05-22", "close": 216.629776, "volume": 4301256, "typical_volume": 3764734.8, "trend": 239.320545, "fair_value": 183.460561, "relative_strength": -15.448181, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.666277, "energy": 61.600301, "activity_lines": [ 221.524155, 230.378354, 238.326601, 239.946185 ] }, { "date": "2026-05-29", "close": 217.770004, "volume": 7703278, "typical_volume": 4007152.55, "trend": 239.33086, "fair_value": 183.859417, "relative_strength": -14.986695, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.733643, "energy": 72.130128, "activity_lines": [ 218.726451, 227.082754, 235.922067, 238.555828 ] }, { "date": "2026-06-05", "close": 211.830002, "volume": 508469, "typical_volume": 3843277.65, "trend": 238.747752, "fair_value": 184.202028, "relative_strength": -13.869532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.934845, "energy": 77.547538, "activity_lines": [ 215.947817, 223.061413, 233.073957, 236.781579 ] }, { "date": "2026-06-12", "close": 219.389999, "volume": 464045, "typical_volume": 3704841.55, "trend": 238.413478, "fair_value": 184.580232, "relative_strength": -12.786419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.578293, "energy": 69.536777, "activity_lines": [ 216.509625, 221.128107, 231.053024, 235.532692 ] }, { "date": "2026-06-19", "close": 237.309998, "volume": 1395528, "typical_volume": 3640356.8, "trend": 238.837049, "fair_value": 185.104173, "relative_strength": -5.039213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.158025, "energy": 31.330985, "activity_lines": [ 223.451318, 223.01063, 230.855312, 235.461499 ] }, { "date": "2026-06-26", "close": 245.600006, "volume": 646801, "typical_volume": 3537854.2, "trend": 239.079911, "fair_value": 185.670174, "relative_strength": -0.803548, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.943074, "energy": 15.045342, "activity_lines": [ 231.789335, 226.530953, 231.498674, 235.897819 ] }, { "date": "2026-07-03", "close": 243.75, "volume": 115734, "typical_volume": 3428853.05, "trend": 239.704194, "fair_value": 186.214066, "relative_strength": -0.994933, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.077272, "energy": 21.928917, "activity_lines": [ 237.579335, 229.708851, 232.039456, 236.199115 ] }, { "date": "2026-07-10", "close": 235.729996, "volume": 3478827, "typical_volume": 3486584.45, "trend": 239.604442, "fair_value": 186.693196, "relative_strength": -2.998291, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.953264, "energy": 26.032663, "activity_lines": [ 238.964, 231.501404, 231.931402, 235.942715 ] }, { "date": "2026-07-17", "close": 230.059998, "volume": 3037794, "typical_volume": 3299829.75, "trend": 239.417467, "fair_value": 187.130605, "relative_strength": -5.054587, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.770395, "energy": 19.246415, "activity_lines": [ 236.865332, 232.052261, 231.48939, 235.326945 ] }, { "date": "2026-07-24", "close": 226.139999, "volume": 2083780, "typical_volume": 3201825.55, "trend": 238.77764, "fair_value": 187.535406, "relative_strength": -5.967975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.303943, "energy": 13.275842, "activity_lines": [ 232.748665, 231.807268, 230.79707, 234.470334 ] }, { "date": "2026-07-31", "close": 231.330002, "volume": 2490345, "typical_volume": 3114370.45, "trend": 238.642074, "fair_value": 187.986054, "relative_strength": -4.255703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.199528, "energy": 17.801722, "activity_lines": [ 231.106666, 232.336182, 230.659045, 233.989841 ] }, { "date": "2026-08-07", "close": 236.740005, "volume": 2750044, "typical_volume": 3080318.75, "trend": 238.419434, "fair_value": 188.46379, "relative_strength": -1.738877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.936053, "energy": 14.776032, "activity_lines": [ 232.219335, 233.581455, 231.025388, 233.867127 ] } ], "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." } } }