{ "ticker": { "uuid": "d289c2b0-d559-4d9f-9890-5f620f444f37", "symbol": "EMN", "name": "Eastman Chemical Company", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 81.731, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -23.715, "architecture_energy": 11.808, "architecture_maturity": 21.632, "architecture_confidence": 59.789, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 59.16, "rotation_up": 21.71, "upward_expansion": 14.26, "deceleration": 37.01, "rotation_down": 38.21, "downward_expansion": 64.26 }, "activity_lines": [ 70.491333, 70.211038, 71.188253, 71.407047 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 73.64, "trend_reference": 71.505697, "distance_from_trend": 0.029848, "trend_direction": "Improving", "fair_value": 77.566416, "distance_from_fair_value": -0.05062, "fair_value_direction": "Improving", "relative_strength": -2.386459, "relative_strength_direction": "Improving", "price_momentum": -0.02667, "excess_performance": -0.152295, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.029848, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046143, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.05062, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.013058, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.023865, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.019633, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.02667, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.83738, "read": "Supply-led" } ], "volume": { "latest": 6104393, "relative_activity": 1.00207, "balance": 0.83738, "dry_up": 1.059639, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.061938, "annualized_volatility": 0.298527, "from_high_reference": -0.097102, "from_low_reference": 0.360807 }, "levels": { "trend_reference": 71.505697, "fair_value_reference": 77.566416, "structural_low": 63.877236, "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": 18, "median_return": -0.003099, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.020359, "regime_survival": 0.555556, "best_return": 0.081707, "worst_return": -0.102266, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.0051, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.01217, "regime_survival": 0.375, "best_return": 0.134503, "worst_return": -0.191782, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.055343, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.025366, "regime_survival": 0.4, "best_return": 0.139268, "worst_return": -0.266691, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.192292, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.131859, "regime_survival": 0.0, "best_return": 0.014343, "worst_return": -0.193019, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-07-05", "tenure": "Established", "return": 0.03219, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-09-13", "tenure": "Developing", "return": 0.045215, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-11-01", "tenure": "Developing", "return": -0.052049, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-12-20", "tenure": "Developing", "return": -0.087912, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.049052, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.059114, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-21", "tenure": "New", "return": -0.085353, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-12-19", "tenure": "Extended", "return": -0.242669, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.082494, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.127567, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.174295, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.036236, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-19", "tenure": "Developing", "return": 0.01804, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.041437, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 74.102824, "volume": 3941185, "typical_volume": 4402034.3, "trend": 73.343149, "fair_value": 83.319087, "relative_strength": -5.763635, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.636378, "energy": 18.994391, "activity_lines": [ 74.962911, 75.152103, 73.971447, 73.462536 ] }, { "date": "2023-08-25", "close": 72.596489, "volume": 4248193, "typical_volume": 4414303.65, "trend": 73.247177, "fair_value": 83.398846, "relative_strength": -8.029948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.762872, "energy": 15.49521, "activity_lines": [ 73.992359, 74.771894, 73.919453, 73.414365 ] }, { "date": "2023-09-01", "close": 76.167389, "volume": 3433348, "typical_volume": 4321464.0, "trend": 73.17229, "fair_value": 83.478182, "relative_strength": -5.610232, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.245202, "energy": 18.246693, "activity_lines": [ 74.525188, 75.052862, 74.200066, 73.602765 ] }, { "date": "2023-09-08", "close": 70.469898, "volume": 4506292, "typical_volume": 4394166.9, "trend": 73.002823, "fair_value": 83.515452, "relative_strength": -11.161437, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.788409, "energy": 11.173815, "activity_lines": [ 73.185436, 74.178543, 73.921476, 73.428418 ] }, { "date": "2023-09-15", "close": 70.69474, "volume": 4532451, "typical_volume": 4289102.8, "trend": 72.836795, "fair_value": 83.530783, "relative_strength": -10.570397, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.967846, "energy": 18.9468, "activity_lines": [ 72.210084, 73.412608, 73.668618, 73.279509 ] }, { "date": "2023-09-22", "close": 67.80431, "volume": 3738788, "typical_volume": 4231271.35, "trend": 72.667437, "fair_value": 83.561691, "relative_strength": -11.499562, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.543452, "energy": 42.284193, "activity_lines": [ 70.542765, 72.204532, 73.156017, 72.954833 ] }, { "date": "2023-09-29", "close": 68.654436, "volume": 4195389, "typical_volume": 4265099.65, "trend": 72.427313, "fair_value": 83.593504, "relative_strength": -9.642045, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.858273, "energy": 50.626919, "activity_lines": [ 69.578722, 71.318547, 72.739804, 72.695929 ] }, { "date": "2023-10-06", "close": 66.1488, "volume": 4937739, "typical_volume": 4282512.1, "trend": 72.292314, "fair_value": 83.567525, "relative_strength": -13.163519, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.601001, "energy": 74.401535, "activity_lines": [ 68.04227, 70.134051, 72.086933, 72.290864 ] }, { "date": "2023-10-13", "close": 65.012315, "volume": 3671360, "typical_volume": 4299107.9, "trend": 72.141886, "fair_value": 83.532536, "relative_strength": -14.80163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.956828, "energy": 80.261497, "activity_lines": [ 66.794896, 68.932327, 71.355401, 71.821187 ] }, { "date": "2023-10-20", "close": 63.795292, "volume": 3337693, "typical_volume": 4242223.75, "trend": 71.940359, "fair_value": 83.485411, "relative_strength": -14.142002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.353089, "energy": 82.536979, "activity_lines": [ 65.505687, 67.687497, 70.538186, 71.282697 ] }, { "date": "2023-10-27", "close": 64.949674, "volume": 4919043, "typical_volume": 4243200.7, "trend": 71.638062, "fair_value": 83.479531, "relative_strength": -10.221729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.868842, "energy": 78.550845, "activity_lines": [ 65.061235, 66.852047, 69.872198, 70.831685 ] }, { "date": "2023-11-03", "close": 68.931846, "volume": 5720378, "typical_volume": 4286759.55, "trend": 71.568261, "fair_value": 83.477294, "relative_strength": -9.703856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.761721, "energy": 54.899117, "activity_lines": [ 66.134482, 66.907049, 69.612518, 70.65709 ] }, { "date": "2023-11-10", "close": 69.021333, "volume": 3876595, "typical_volume": 4291309.6, "trend": 71.446152, "fair_value": 83.42878, "relative_strength": -10.410226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.987244, "energy": 35.41466, "activity_lines": [ 67.219065, 67.044951, 69.381934, 70.492772 ] }, { "date": "2023-11-17", "close": 72.949813, "volume": 5236556, "typical_volume": 4374082.95, "trend": 71.498582, "fair_value": 83.39213, "relative_strength": -7.200851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.029133, "energy": 17.958825, "activity_lines": [ 69.421638, 68.027051, 69.528254, 70.589783 ] }, { "date": "2023-11-24", "close": 73.280915, "volume": 2827803, "typical_volume": 4309795.25, "trend": 71.476041, "fair_value": 83.340105, "relative_strength": -7.414633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.290483, "energy": 22.682019, "activity_lines": [ 71.205413, 69.024262, 69.711977, 70.704772 ] }, { "date": "2023-12-01", "close": 76.475601, "volume": 4620436, "typical_volume": 4322740.05, "trend": 71.657113, "fair_value": 83.295554, "relative_strength": -3.948024, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 36.102932, "energy": 39.602745, "activity_lines": [ 73.421708, 70.555303, 70.209482, 71.027324 ] }, { "date": "2023-12-08", "close": 75.929731, "volume": 4648605, "typical_volume": 4390982.35, "trend": 71.885811, "fair_value": 83.24693, "relative_strength": -4.602058, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.153518, "energy": 52.084557, "activity_lines": [ 74.687651, 71.829436, 70.657582, 71.302977 ] }, { "date": "2023-12-15", "close": 79.894005, "volume": 6710670, "typical_volume": 4463176.65, "trend": 72.136949, "fair_value": 83.213825, "relative_strength": -1.761431, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.390605, "energy": 70.453552, "activity_lines": [ 76.808493, 73.692067, 71.489723, 71.819634 ] }, { "date": "2023-12-22", "close": 81.031865, "volume": 4436995, "typical_volume": 4348073.4, "trend": 72.459365, "fair_value": 83.200478, "relative_strength": -1.069564, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.717965, "energy": 78.422083, "activity_lines": [ 78.583777, 75.511669, 72.414384, 72.3935 ] }, { "date": "2023-12-29", "close": 81.113141, "volume": 2014723, "typical_volume": 4277712.1, "trend": 72.74763, "fair_value": 83.193068, "relative_strength": -1.125869, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.623022, "energy": 88.36204, "activity_lines": [ 79.84735, 77.054785, 73.317165, 72.951808 ] }, { "date": "2024-01-05", "close": 80.544211, "volume": 3950166, "typical_volume": 4278161.15, "trend": 73.078072, "fair_value": 83.15335, "relative_strength": 0.061545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.888906, "energy": 85.901456, "activity_lines": [ 80.39913, 78.179588, 74.135545, 73.454813 ] }, { "date": "2024-01-12", "close": 78.503288, "volume": 3258781, "typical_volume": 4228690.55, "trend": 73.253109, "fair_value": 83.105545, "relative_strength": -3.860881, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.2973, "energy": 75.013334, "activity_lines": [ 79.999363, 78.649777, 74.728878, 73.804827 ] }, { "date": "2024-01-19", "close": 78.340737, "volume": 3276638, "typical_volume": 4220855.05, "trend": 73.544415, "fair_value": 83.049126, "relative_strength": -4.798677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.75135, "energy": 53.409411, "activity_lines": [ 79.373841, 78.916386, 75.278603, 74.133061 ] }, { "date": "2024-01-26", "close": 76.688131, "volume": 6339687, "typical_volume": 4312524.8, "trend": 73.627934, "fair_value": 83.0235, "relative_strength": -7.429785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.684838, "energy": 37.600374, "activity_lines": [ 78.301002, 78.713077, 75.660587, 74.335882 ] }, { "date": "2024-02-02", "close": 74.593024, "volume": 10592559, "typical_volume": 4615530.2, "trend": 73.604991, "fair_value": 82.952103, "relative_strength": -10.797089, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.844122, "energy": 26.449885, "activity_lines": [ 76.819376, 78.06087, 75.813427, 74.398146 ] }, { "date": "2024-02-09", "close": 74.358228, "volume": 6025386, "typical_volume": 4729860.1, "trend": 73.516331, "fair_value": 82.854325, "relative_strength": -11.89617, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.113354, "energy": 26.946463, "activity_lines": [ 75.694159, 77.342116, 75.925341, 74.446742 ] }, { "date": "2024-02-16", "close": 76.931958, "volume": 4248958, "typical_volume": 4732538.55, "trend": 73.504306, "fair_value": 82.758899, "relative_strength": -8.174947, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.032233, "energy": 25.329236, "activity_lines": [ 75.839252, 77.129811, 76.251164, 74.667105 ] }, { "date": "2024-02-23", "close": 78.214308, "volume": 2714619, "typical_volume": 4621382.55, "trend": 73.559246, "fair_value": 82.685681, "relative_strength": -7.832093, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.322832, "energy": 23.2996, "activity_lines": [ 76.516549, 77.132438, 76.659699, 74.970976 ] }, { "date": "2024-03-01", "close": 78.647778, "volume": 3777493, "typical_volume": 4626689.2, "trend": 73.687115, "fair_value": 82.583584, "relative_strength": -7.830274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.28679, "energy": 29.58678, "activity_lines": [ 77.346765, 77.244418, 77.052061, 75.299268 ] }, { "date": "2024-03-08", "close": 81.113141, "volume": 5465322, "typical_volume": 4733070.65, "trend": 73.898641, "fair_value": 82.482934, "relative_strength": -4.441991, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.705016, "energy": 50.837873, "activity_lines": [ 78.868126, 77.847993, 77.614289, 75.778366 ] }, { "date": "2024-03-15", "close": 84.09296, "volume": 7744306, "typical_volume": 4874333.8, "trend": 74.231645, "fair_value": 82.430585, "relative_strength": -0.691552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.042992, "energy": 80.94661, "activity_lines": [ 80.948085, 78.993353, 78.377844, 76.436064 ] }, { "date": "2024-03-22", "close": 86.798877, "volume": 6759819, "typical_volume": 4926305.85, "trend": 74.705058, "fair_value": 82.390926, "relative_strength": 0.411414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.432039, "energy": 89.493193, "activity_lines": [ 83.281034, 80.566175, 79.307947, 77.246854 ] }, { "date": "2024-03-29", "close": 91.308738, "volume": 5761307, "typical_volume": 5020541.45, "trend": 75.20977, "fair_value": 82.38753, "relative_strength": 5.36134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.277957, "energy": 96.452524, "activity_lines": [ 86.459476, 82.808143, 80.582479, 78.318059 ] }, { "date": "2024-04-05", "close": 90.953415, "volume": 3445252, "typical_volume": 4930976.25, "trend": 75.892554, "fair_value": 82.376883, "relative_strength": 5.898833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.858077, "energy": 93.563239, "activity_lines": [ 88.646515, 84.749725, 81.71704, 79.333778 ] }, { "date": "2024-04-12", "close": 89.267912, "volume": 4173612, "typical_volume": 4998266.7, "trend": 76.511659, "fair_value": 82.341097, "relative_strength": 5.528133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.867372, "energy": 87.142999, "activity_lines": [ 89.451343, 86.125483, 82.605345, 80.196704 ] }, { "date": "2024-04-19", "close": 87.846622, "volume": 4397343, "typical_volume": 4987112.05, "trend": 77.179737, "fair_value": 82.303288, "relative_strength": 7.117069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.907748, "energy": 76.11175, "activity_lines": [ 89.238757, 86.976008, 83.282162, 80.927992 ] }, { "date": "2024-04-26", "close": 87.063091, "volume": 5476111, "typical_volume": 5028487.35, "trend": 77.793358, "fair_value": 82.250988, "relative_strength": 3.534888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.791816, "energy": 58.206964, "activity_lines": [ 88.51475, 87.43883, 83.830208, 81.565628 ] }, { "date": "2024-05-03", "close": 88.830592, "volume": 4740161, "typical_volume": 4929961.9, "trend": 78.549418, "fair_value": 82.15934, "relative_strength": 5.022267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.340547, "energy": 51.682707, "activity_lines": [ 88.362295, 88.038813, 84.493572, 82.277707 ] }, { "date": "2024-05-10", "close": 92.046715, "volume": 4400749, "typical_volume": 4928149.6, "trend": 79.450565, "fair_value": 82.067044, "relative_strength": 6.748901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.038341, "energy": 55.47942, "activity_lines": [ 89.447091, 89.030523, 85.420678, 83.148501 ] }, { "date": "2024-05-17", "close": 91.454511, "volume": 3174282, "typical_volume": 4986127.55, "trend": 80.372539, "fair_value": 81.992958, "relative_strength": 4.369271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.053876, "energy": 56.415888, "activity_lines": [ 90.2616, 89.670942, 86.238932, 83.922949 ] }, { "date": "2024-05-24", "close": 91.317848, "volume": 2398544, "typical_volume": 4908546.45, "trend": 81.251478, "fair_value": 81.91498, "relative_strength": 4.213945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.286705, "energy": 57.270901, "activity_lines": [ 90.88478, 90.098488, 86.994926, 84.629098 ] }, { "date": "2024-05-31", "close": 92.32004, "volume": 2838938, "typical_volume": 4887554.3, "trend": 82.031084, "fair_value": 81.822743, "relative_strength": 5.731313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.670145, "energy": 64.384244, "activity_lines": [ 91.61061, 90.57689, 87.795064, 85.343199 ] }, { "date": "2024-06-07", "close": 94.114873, "volume": 5622314, "typical_volume": 5004838.1, "trend": 82.867536, "fair_value": 81.763065, "relative_strength": 6.328663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.886188, "energy": 61.890094, "activity_lines": [ 92.584254, 91.281239, 88.700344, 86.122798 ] }, { "date": "2024-06-14", "close": 90.661869, "volume": 5196170, "typical_volume": 4947662.25, "trend": 83.457937, "fair_value": 81.736981, "relative_strength": 0.789573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.576437, "energy": 48.441847, "activity_lines": [ 92.054611, 91.30675, 89.201652, 86.625658 ] }, { "date": "2024-06-21", "close": 90.575039, "volume": 3985895, "typical_volume": 4617329.05, "trend": 84.034408, "fair_value": 81.696349, "relative_strength": 0.010377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.493449, "energy": 43.806824, "activity_lines": [ 91.588348, 91.321774, 89.628148, 87.084826 ] }, { "date": "2024-06-28", "close": 89.987187, "volume": 4573744, "typical_volume": 4544746.95, "trend": 84.484794, "fair_value": 81.652322, "relative_strength": -0.535716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.524052, "energy": 32.718843, "activity_lines": [ 90.984766, 91.20615, 89.922554, 87.468876 ] }, { "date": "2024-07-05", "close": 86.799931, "volume": 3556282, "typical_volume": 4510113.15, "trend": 84.847135, "fair_value": 81.597225, "relative_strength": -5.669295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.338693, "energy": 18.880874, "activity_lines": [ 89.407475, 90.472105, 89.838988, 87.61824 ] }, { "date": "2024-07-12", "close": 90.602594, "volume": 3401127, "typical_volume": 4544438.55, "trend": 85.204087, "fair_value": 81.597094, "relative_strength": -2.341074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.503973, "energy": 19.540557, "activity_lines": [ 89.465747, 90.434238, 90.07059, 87.98956 ] }, { "date": "2024-07-19", "close": 89.234003, "volume": 3217811, "typical_volume": 4516454.45, "trend": 85.477492, "fair_value": 81.583668, "relative_strength": -1.765943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.72395, "energy": 17.563614, "activity_lines": [ 89.301973, 90.115319, 90.112858, 88.249554 ] }, { "date": "2024-07-26", "close": 92.522296, "volume": 4841888, "typical_volume": 4485282.75, "trend": 85.857797, "fair_value": 81.577117, "relative_strength": 2.705059, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.222064, "energy": 19.927059, "activity_lines": [ 90.329488, 90.445411, 90.417887, 88.704058 ] }, { "date": "2024-08-02", "close": 89.546299, "volume": 5912897, "typical_volume": 4393712.3, "trend": 86.157867, "fair_value": 81.550957, "relative_strength": 1.574789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.805144, "energy": 18.84185, "activity_lines": [ 90.235187, 90.214998, 90.385157, 88.942026 ] }, { "date": "2024-08-09", "close": 87.3143, "volume": 5106884, "typical_volume": 4311065.55, "trend": 86.451567, "fair_value": 81.495168, "relative_strength": -0.901046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.474623, "energy": 5.648262, "activity_lines": [ 89.426279, 89.610978, 90.113889, 89.016634 ] }, { "date": "2024-08-16", "close": 89.785113, "volume": 3874901, "typical_volume": 4216745.25, "trend": 86.833046, "fair_value": 81.486073, "relative_strength": -1.900035, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.003705, "energy": 9.18008, "activity_lines": [ 89.406684, 89.547209, 90.075481, 89.231702 ] }, { "date": "2024-08-23", "close": 92.586593, "volume": 2486780, "typical_volume": 4168821.65, "trend": 87.362995, "fair_value": 81.466368, "relative_strength": -0.215984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.071051, "energy": 16.663406, "activity_lines": [ 90.375414, 90.071524, 90.311136, 89.602898 ] }, { "date": "2024-08-30", "close": 94.028665, "volume": 2878034, "typical_volume": 4104042.75, "trend": 88.01085, "fair_value": 81.470324, "relative_strength": 1.111087, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.992301, "energy": 28.800054, "activity_lines": [ 91.601329, 90.823038, 90.676355, 90.032942 ] }, { "date": "2024-09-06", "close": 89.252373, "volume": 4076922, "typical_volume": 4088021.7, "trend": 88.507321, "fair_value": 81.460101, "relative_strength": 0.061304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.975144, "energy": 22.047593, "activity_lines": [ 91.134722, 90.643343, 90.564018, 90.11304 ] }, { "date": "2024-09-13", "close": 94.699183, "volume": 4518928, "typical_volume": 4040162.55, "trend": 89.099562, "fair_value": 81.515113, "relative_strength": 1.990162, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 58.826185, "energy": 45.611697, "activity_lines": [ 92.503313, 91.467337, 90.963731, 90.512515 ] }, { "date": "2024-09-20", "close": 98.694376, "volume": 5610805, "typical_volume": 4083694.75, "trend": 89.782231, "fair_value": 81.6005, "relative_strength": 4.633638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.499994, "energy": 63.21299, "activity_lines": [ 94.71131, 92.874107, 91.707576, 91.131535 ] }, { "date": "2024-09-27", "close": 104.016449, "volume": 4859246, "typical_volume": 4106619.6, "trend": 90.627854, "fair_value": 81.718397, "relative_strength": 9.410804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.517516, "energy": 77.228058, "activity_lines": [ 98.099381, 95.101403, 92.911315, 92.049872 ] }, { "date": "2024-10-04", "close": 100.887996, "volume": 3913635, "typical_volume": 4143587.25, "trend": 91.287015, "fair_value": 81.801674, "relative_strength": 5.59645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.06222, "energy": 77.180587, "activity_lines": [ 99.682643, 96.491118, 93.760107, 92.711816 ] }, { "date": "2024-10-11", "close": 102.341153, "volume": 3478358, "typical_volume": 4197577.95, "trend": 91.895288, "fair_value": 81.882754, "relative_strength": 5.606899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.39155, "energy": 79.72497, "activity_lines": [ 101.293002, 97.992939, 94.702374, 93.424987 ] }, { "date": "2024-10-18", "close": 100.739903, "volume": 4243312, "typical_volume": 4267796.65, "trend": 92.359989, "fair_value": 81.952498, "relative_strength": 2.841192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.274593, "energy": 75.975445, "activity_lines": [ 101.497026, 98.97099, 95.439649, 93.995607 ] }, { "date": "2024-10-25", "close": 97.583682, "volume": 3349555, "typical_volume": 4154158.7, "trend": 92.569154, "fair_value": 82.020966, "relative_strength": 0.479057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.617058, "energy": 48.336353, "activity_lines": [ 100.246261, 99.131082, 95.836237, 94.332619 ] }, { "date": "2024-11-01", "close": 93.557418, "volume": 5128028, "typical_volume": 4150751.6, "trend": 92.655954, "fair_value": 82.021857, "relative_strength": -2.3519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.626763, "energy": 26.677346, "activity_lines": [ 97.727455, 98.417333, 95.832853, 94.396378 ] }, { "date": "2024-11-08", "close": 93.918394, "volume": 6720262, "typical_volume": 4287469.95, "trend": 92.81097, "fair_value": 82.003481, "relative_strength": -6.405206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.785275, "energy": 20.695536, "activity_lines": [ 96.026243, 97.751564, 95.850059, 94.477826 ] }, { "date": "2024-11-15", "close": 94.047975, "volume": 4980904, "typical_volume": 4307827.95, "trend": 93.017682, "fair_value": 82.000288, "relative_strength": -4.247596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.248546, "energy": 22.609986, "activity_lines": [ 94.832865, 97.111361, 95.863686, 94.557633 ] }, { "date": "2024-11-22", "close": 97.731775, "volume": 6079500, "typical_volume": 4433988.85, "trend": 93.373305, "fair_value": 82.035059, "relative_strength": -2.138831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.01145, "energy": 22.137453, "activity_lines": [ 95.420298, 97.053747, 96.208813, 94.861768 ] }, { "date": "2024-11-29", "close": 96.926522, "volume": 3299444, "typical_volume": 4428904.7, "trend": 93.643169, "fair_value": 82.079341, "relative_strength": -3.991301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.987746, "energy": 15.795412, "activity_lines": [ 95.939856, 96.794585, 96.425194, 95.091008 ] }, { "date": "2024-12-06", "close": 93.548162, "volume": 5599672, "typical_volume": 4547997.75, "trend": 93.693217, "fair_value": 82.050881, "relative_strength": -7.998917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.611226, "energy": 6.725248, "activity_lines": [ 95.377104, 95.953319, 96.289712, 95.084878 ] }, { "date": "2024-12-13", "close": 91.169427, "volume": 7003443, "typical_volume": 4656075.5, "trend": 93.683715, "fair_value": 81.995615, "relative_strength": -9.58635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.203353, "energy": 9.330946, "activity_lines": [ 94.022058, 94.869888, 95.90714, 94.922053 ] }, { "date": "2024-12-20", "close": 85.66183, "volume": 7488601, "typical_volume": 4734860.7, "trend": 93.495181, "fair_value": 81.911997, "relative_strength": -13.176389, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.634962, "energy": 48.64928, "activity_lines": [ 91.014411, 92.961777, 95.006477, 94.404512 ] }, { "date": "2024-12-27", "close": 85.643159, "volume": 3283912, "typical_volume": 4643712.1, "trend": 93.272618, "fair_value": 81.809286, "relative_strength": -13.47025, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.506869, "energy": 63.871133, "activity_lines": [ 88.559616, 91.353531, 94.122534, 93.89793 ] }, { "date": "2025-01-03", "close": 82.777184, "volume": 4322763, "typical_volume": 4666105.2, "trend": 92.894695, "fair_value": 81.680119, "relative_strength": -15.596911, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.856191, "energy": 75.884355, "activity_lines": [ 85.955404, 89.498686, 92.973598, 93.220805 ] }, { "date": "2025-01-10", "close": 81.442219, "volume": 4265715, "typical_volume": 4755051.95, "trend": 92.587373, "fair_value": 81.514743, "relative_strength": -15.05742, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.297548, "energy": 89.428464, "activity_lines": [ 83.849493, 87.670328, 91.730894, 92.481936 ] }, { "date": "2025-01-17", "close": 87.015466, "volume": 5274806, "typical_volume": 4874890.55, "trend": 92.468721, "fair_value": 81.425249, "relative_strength": -11.646147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.87877, "energy": 78.312909, "activity_lines": [ 84.408394, 87.075565, 91.072044, 92.122458 ] }, { "date": "2025-01-24", "close": 86.00724, "volume": 3847592, "typical_volume": 4863424.05, "trend": 92.336056, "fair_value": 81.339587, "relative_strength": -13.982776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.142899, "energy": 64.337594, "activity_lines": [ 84.90815, 86.422995, 90.350569, 91.705588 ] }, { "date": "2025-01-31", "close": 93.027477, "volume": 6980658, "typical_volume": 4986510.55, "trend": 92.543641, "fair_value": 81.29332, "relative_strength": -6.030215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.206263, "energy": 28.659133, "activity_lines": [ 87.724958, 87.193028, 90.31314, 91.750196 ] }, { "date": "2025-02-07", "close": 92.626054, "volume": 6986394, "typical_volume": 5055290.0, "trend": 92.61109, "fair_value": 81.229874, "relative_strength": -6.315077, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.578207, "energy": 22.834842, "activity_lines": [ 89.91567, 87.975607, 90.245442, 91.755513 ] }, { "date": "2025-02-14", "close": 94.297095, "volume": 4732444, "typical_volume": 5048949.9, "trend": 92.779859, "fair_value": 81.180643, "relative_strength": -6.00727, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.33828, "energy": 21.027971, "activity_lines": [ 92.006805, 89.140202, 90.365787, 91.864287 ] }, { "date": "2025-02-21", "close": 92.159283, "volume": 3505626, "typical_volume": 5028549.45, "trend": 92.767759, "fair_value": 81.120295, "relative_strength": -6.617877, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.168715, "energy": 25.358276, "activity_lines": [ 92.528343, 89.902487, 90.328813, 91.82425 ] }, { "date": "2025-02-28", "close": 91.347101, "volume": 4088581, "typical_volume": 5059060.6, "trend": 92.827786, "fair_value": 81.086758, "relative_strength": -6.526261, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.619781, "energy": 18.000092, "activity_lines": [ 92.436234, 90.499106, 90.256054, 91.732595 ] }, { "date": "2025-03-07", "close": 92.224631, "volume": 5186452, "typical_volume": 5106217.6, "trend": 92.991463, "fair_value": 81.109727, "relative_strength": -2.631528, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.482281, "energy": 14.337732, "activity_lines": [ 92.280643, 91.151906, 90.319222, 91.693682 ] }, { "date": "2025-03-14", "close": 85.801861, "volume": 5174539, "typical_volume": 5197466.8, "trend": 92.858688, "fair_value": 81.073991, "relative_strength": -7.149493, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.986146, "energy": 20.266027, "activity_lines": [ 90.037653, 90.517267, 89.811246, 91.229836 ] }, { "date": "2025-03-21", "close": 83.550363, "volume": 6403514, "typical_volume": 5261241.1, "trend": 92.557481, "fair_value": 81.008676, "relative_strength": -9.82807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.354336, "energy": 39.046502, "activity_lines": [ 87.499109, 89.418271, 89.144946, 90.629299 ] }, { "date": "2025-03-28", "close": 82.005402, "volume": 5645495, "typical_volume": 5207502.75, "trend": 92.156705, "fair_value": 80.929712, "relative_strength": -9.862223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.492425, "energy": 64.120121, "activity_lines": [ 85.162027, 88.000043, 88.379159, 89.94852 ] }, { "date": "2025-04-04", "close": 71.152993, "volume": 7264593, "typical_volume": 5321687.2, "trend": 91.553392, "fair_value": 80.798499, "relative_strength": -13.61899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.13642, "energy": 85.030774, "activity_lines": [ 79.884401, 84.699741, 86.636539, 88.593442 ] }, { "date": "2025-04-11", "close": 73.809572, "volume": 13526083, "typical_volume": 5694016.35, "trend": 90.857072, "fair_value": 80.685834, "relative_strength": -14.814437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.449903, "energy": 83.266111, "activity_lines": [ 76.838575, 82.152531, 85.255949, 87.448679 ] }, { "date": "2025-04-18", "close": 72.311713, "volume": 5930360, "typical_volume": 5825562.15, "trend": 89.97765, "fair_value": 80.571657, "relative_strength": -14.922927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.261015, "energy": 85.848459, "activity_lines": [ 74.521133, 79.6824, 83.846622, 86.252204 ] }, { "date": "2025-04-25", "close": 71.445028, "volume": 8537051, "typical_volume": 5972431.1, "trend": 88.891936, "fair_value": 80.472282, "relative_strength": -19.220766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.014357, "energy": 83.998221, "activity_lines": [ 72.81414, 77.424041, 82.471966, 85.056551 ] }, { "date": "2025-05-02", "close": 73.404491, "volume": 7820677, "typical_volume": 6013292.8, "trend": 87.975819, "fair_value": 80.367987, "relative_strength": -18.915147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.174671, "energy": 75.120592, "activity_lines": [ 72.567323, 75.937441, 81.389179, 84.057361 ] }, { "date": "2025-05-09", "close": 73.00883, "volume": 6470827, "typical_volume": 5962404.1, "trend": 86.998075, "fair_value": 80.276573, "relative_strength": -18.519797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.901401, "energy": 61.26337, "activity_lines": [ 72.762013, 74.719898, 80.353305, 83.091749 ] }, { "date": "2025-05-16", "close": 77.794441, "volume": 8227125, "typical_volume": 6209564.75, "trend": 86.233226, "fair_value": 80.221753, "relative_strength": -17.100032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.068147, "energy": 46.223497, "activity_lines": [ 74.428184, 74.705889, 79.833456, 82.497966 ] }, { "date": "2025-05-23", "close": 75.87266, "volume": 5946961, "typical_volume": 6290774.65, "trend": 85.509526, "fair_value": 80.112977, "relative_strength": -16.597822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.410816, "energy": 34.930135, "activity_lines": [ 75.188104, 74.604833, 79.167954, 81.829543 ] }, { "date": "2025-05-30", "close": 73.828413, "volume": 14822394, "typical_volume": 6818608.6, "trend": 84.851892, "fair_value": 79.987893, "relative_strength": -19.749397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.60624, "energy": 31.968916, "activity_lines": [ 75.029212, 74.312626, 78.340642, 81.075923 ] }, { "date": "2025-06-06", "close": 74.261756, "volume": 11418824, "typical_volume": 7125809.5, "trend": 84.196671, "fair_value": 79.90918, "relative_strength": -20.054856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.45802, "energy": 28.719229, "activity_lines": [ 74.855875, 74.275972, 77.590856, 80.392688 ] }, { "date": "2025-06-13", "close": 72.556646, "volume": 7501091, "typical_volume": 7308484.45, "trend": 83.480293, "fair_value": 79.894601, "relative_strength": -21.144727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.142218, "energy": 39.241198, "activity_lines": [ 74.057017, 74.070091, 76.739411, 79.641719 ] }, { "date": "2025-06-20", "close": 70.709161, "volume": 7670450, "typical_volume": 7342974.05, "trend": 82.579539, "fair_value": 79.842025, "relative_strength": -22.552751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.304106, "energy": 45.527577, "activity_lines": [ 72.672476, 73.502783, 75.776065, 78.817775 ] }, { "date": "2025-06-27", "close": 72.575692, "volume": 10244566, "typical_volume": 7505882.65, "trend": 81.767845, "fair_value": 79.820565, "relative_strength": -22.697463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.996113, "energy": 41.200157, "activity_lines": [ 72.382464, 73.331216, 75.096762, 78.172365 ] }, { "date": "2025-07-04", "close": 75.77546, "volume": 10652095, "typical_volume": 7801865.2, "trend": 81.175422, "fair_value": 79.812832, "relative_strength": -20.261172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.024881, "energy": 37.700571, "activity_lines": [ 73.37884, 73.736625, 74.817677, 77.78576 ] }, { "date": "2025-07-11", "close": 76.432556, "volume": 6565228, "typical_volume": 7954845.3, "trend": 80.684193, "fair_value": 79.817627, "relative_strength": -18.924749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.433907, "energy": 26.664885, "activity_lines": [ 74.464444, 74.18277, 74.68937, 77.479768 ] }, { "date": "2025-07-18", "close": 74.042253, "volume": 4744224, "typical_volume": 7987627.45, "trend": 80.296873, "fair_value": 79.783025, "relative_strength": -21.490609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.193415, "energy": 19.694837, "activity_lines": [ 74.608561, 74.13926, 74.408305, 77.051256 ] }, { "date": "2025-07-25", "close": 74.575547, "volume": 7006314, "typical_volume": 8078620.55, "trend": 79.927953, "fair_value": 79.736194, "relative_strength": -21.554638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.872945, "energy": 18.474, "activity_lines": [ 74.831402, 74.173922, 74.260434, 76.682138 ] }, { "date": "2025-08-01", "close": 55.986419, "volume": 15230856, "typical_volume": 8581436.4, "trend": 79.034927, "fair_value": 79.574578, "relative_strength": -39.022267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.819795, "energy": 66.604125, "activity_lines": [ 68.600108, 70.887268, 72.426212, 75.137523 ] }, { "date": "2025-08-08", "close": 58.681461, "volume": 10965272, "typical_volume": 8809524.3, "trend": 78.276235, "fair_value": 79.397191, "relative_strength": -37.032889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.238619, "energy": 85.158368, "activity_lines": [ 64.373112, 68.45219, 70.99064, 73.824396 ] }, { "date": "2025-08-15", "close": 62.43357, "volume": 8721544, "typical_volume": 8963326.75, "trend": 77.456839, "fair_value": 79.257863, "relative_strength": -33.06928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.555771, "energy": 81.986535, "activity_lines": [ 62.53642, 66.974713, 70.030835, 72.802289 ] }, { "date": "2025-08-22", "close": 66.128541, "volume": 5611080, "typical_volume": 8880651.1, "trend": 76.794216, "fair_value": 79.161753, "relative_strength": -28.705699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.818158, "energy": 79.708044, "activity_lines": [ 62.86465, 66.384106, 69.516131, 72.071431 ] }, { "date": "2025-08-29", "close": 66.985621, "volume": 6433690, "typical_volume": 8526031.45, "trend": 75.926154, "fair_value": 79.10134, "relative_strength": -27.118362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.493018, "energy": 58.269791, "activity_lines": [ 64.006155, 66.066207, 69.10698, 71.438618 ] }, { "date": "2025-09-05", "close": 65.766662, "volume": 4523476, "typical_volume": 8455687.25, "trend": 75.030841, "fair_value": 79.010517, "relative_strength": -28.049563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.475014, "energy": 38.201575, "activity_lines": [ 65.247335, 65.59438, 68.614232, 70.783167 ] }, { "date": "2025-09-12", "close": 63.957269, "volume": 9567260, "typical_volume": 8507197.7, "trend": 74.019513, "fair_value": 78.983533, "relative_strength": -30.41691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.332637, "energy": 31.017729, "activity_lines": [ 65.233367, 64.917373, 67.980328, 70.068743 ] }, { "date": "2025-09-19", "close": 62.794964, "volume": 8193126, "typical_volume": 8525820.15, "trend": 73.040703, "fair_value": 78.984662, "relative_strength": -31.755274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.34536, "energy": 33.801147, "activity_lines": [ 64.480244, 64.243914, 67.271384, 69.344579 ] }, { "date": "2025-09-26", "close": 60.480297, "volume": 6969463, "typical_volume": 8550751.95, "trend": 72.011809, "fair_value": 78.980009, "relative_strength": -33.224221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.426312, "energy": 45.055842, "activity_lines": [ 62.931473, 63.397562, 66.392518, 68.53423 ] }, { "date": "2025-10-03", "close": 61.753364, "volume": 7983958, "typical_volume": 8538593.6, "trend": 70.9961, "fair_value": 78.976117, "relative_strength": -31.747409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.308147, "energy": 49.267005, "activity_lines": [ 62.183607, 63.029258, 65.694555, 67.872395 ] }, { "date": "2025-10-10", "close": 56.130654, "volume": 6307279, "typical_volume": 8556609.5, "trend": 70.00706, "fair_value": 78.936955, "relative_strength": -35.573751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.177305, "energy": 69.585861, "activity_lines": [ 59.910321, 61.871774, 64.537483, 66.913334 ] }, { "date": "2025-10-17", "close": 59.101142, "volume": 6531600, "typical_volume": 8142069.8, "trend": 69.192086, "fair_value": 78.905459, "relative_strength": -32.493626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.627155, "energy": 65.042189, "activity_lines": [ 59.269598, 61.251756, 63.757323, 66.209726 ] }, { "date": "2025-10-24", "close": 60.470653, "volume": 7088079, "typical_volume": 7925532.55, "trend": 68.474261, "fair_value": 78.872361, "relative_strength": -31.427515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.027111, "energy": 53.564917, "activity_lines": [ 59.409121, 60.87311, 63.177723, 65.647053 ] }, { "date": "2025-10-31", "close": 57.40372, "volume": 11864407, "typical_volume": 8143698.35, "trend": 68.015952, "fair_value": 78.797183, "relative_strength": -34.575384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.495217, "energy": 72.309995, "activity_lines": [ 58.681287, 59.972529, 62.371707, 64.932825 ] }, { "date": "2025-11-07", "close": 59.072209, "volume": 42909475, "typical_volume": 9905649.6, "trend": 67.524706, "fair_value": 78.681676, "relative_strength": -30.828175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.96919, "energy": 48.934107, "activity_lines": [ 58.714721, 59.533942, 61.79675, 64.355809 ] }, { "date": "2025-11-14", "close": 58.107765, "volume": 8198885, "typical_volume": 9803365.55, "trend": 67.051242, "fair_value": 78.588922, "relative_strength": -31.265174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.714078, "energy": 47.411812, "activity_lines": [ 58.605418, 59.063882, 61.185356, 63.748264 ] }, { "date": "2025-11-21", "close": 57.413365, "volume": 7976585, "typical_volume": 9669590.05, "trend": 66.583519, "fair_value": 78.476642, "relative_strength": -29.911063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.448692, "energy": 52.623648, "activity_lines": [ 58.13284, 58.606821, 60.576724, 63.126466 ] }, { "date": "2025-11-28", "close": 59.872698, "volume": 5400484, "typical_volume": 9611352.85, "trend": 66.13246, "fair_value": 78.377145, "relative_strength": -28.684459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.250231, "energy": 38.930166, "activity_lines": [ 58.592559, 58.715891, 60.289752, 62.69351 ] }, { "date": "2025-12-05", "close": 59.342253, "volume": 9450117, "typical_volume": 9846647.5, "trend": 65.676907, "fair_value": 78.287224, "relative_strength": -28.781572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.833376, "energy": 31.278189, "activity_lines": [ 58.915326, 58.781648, 60.031118, 62.255432 ] }, { "date": "2025-12-12", "close": 62.804608, "volume": 10079238, "typical_volume": 10000293.7, "trend": 65.177246, "fair_value": 78.231021, "relative_strength": -23.457801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.782692, "energy": 17.167273, "activity_lines": [ 60.262976, 59.497617, 60.172232, 62.070122 ] }, { "date": "2025-12-19", "close": 62.105268, "volume": 9880354, "typical_volume": 9732768.6, "trend": 64.718333, "fair_value": 78.171171, "relative_strength": -23.72881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.142386, "energy": 18.345928, "activity_lines": [ 61.128686, 60.067319, 60.302795, 61.87193 ] }, { "date": "2025-12-26", "close": 62.066183, "volume": 3606330, "typical_volume": 9364821.5, "trend": 64.326259, "fair_value": 78.115193, "relative_strength": -24.171056, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.989894, "energy": 14.065614, "activity_lines": [ 61.714868, 60.521285, 60.400498, 61.700824 ] }, { "date": "2026-01-02", "close": 62.867415, "volume": 3620194, "typical_volume": 9109754.0, "trend": 63.946447, "fair_value": 78.023839, "relative_strength": -21.761898, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.63589, "energy": 15.066743, "activity_lines": [ 62.257939, 61.06702, 60.55839, 61.606705 ] }, { "date": "2026-01-09", "close": 67.186252, "volume": 9686955, "typical_volume": 9313547.75, "trend": 63.767434, "fair_value": 77.945291, "relative_strength": -17.088288, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.112744, "energy": 41.457606, "activity_lines": [ 64.040974, 62.354421, 61.125535, 61.815724 ] }, { "date": "2026-01-16", "close": 67.098312, "volume": 6427748, "typical_volume": 9313250.65, "trend": 63.647072, "fair_value": 77.874872, "relative_strength": -16.214006, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.366743, "energy": 54.364603, "activity_lines": [ 65.271763, 63.447968, 61.679268, 62.03062 ] }, { "date": "2026-01-23", "close": 67.137397, "volume": 6072065, "typical_volume": 9390680.1, "trend": 63.465796, "fair_value": 77.821421, "relative_strength": -15.225968, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.405432, "energy": 57.211574, "activity_lines": [ 66.229333, 64.402693, 62.236186, 62.255802 ] }, { "date": "2026-01-30", "close": 67.733435, "volume": 11712633, "typical_volume": 9497948.75, "trend": 63.197728, "fair_value": 77.752956, "relative_strength": -13.969689, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.467534, "energy": 63.44269, "activity_lines": [ 67.050108, 65.301613, 62.843343, 62.531134 ] }, { "date": "2026-02-06", "close": 75.657817, "volume": 12503790, "typical_volume": 9713481.95, "trend": 63.171904, "fair_value": 77.753622, "relative_strength": -2.955228, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 90.677026, "energy": 85.992912, "activity_lines": [ 70.134526, 67.453692, 64.187221, 63.33501 ] }, { "date": "2026-02-13", "close": 78.247165, "volume": 8481521, "typical_volume": 9789084.85, "trend": 63.312068, "fair_value": 77.770107, "relative_strength": 2.399298, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.971734, "energy": 91.293882, "activity_lines": [ 73.229367, 69.789559, 65.716452, 64.307608 ] }, { "date": "2026-02-20", "close": 77.348222, "volume": 5591825, "typical_volume": 9669478.2, "trend": 63.40449, "fair_value": 77.798717, "relative_strength": 0.843111, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.671295, "energy": 90.943704, "activity_lines": [ 75.287166, 71.618257, 67.075465, 65.213166 ] }, { "date": "2026-02-27", "close": 73.781761, "volume": 6160331, "typical_volume": 9662130.8, "trend": 63.997668, "fair_value": 77.785407, "relative_strength": -2.515787, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.279375, "energy": 84.539119, "activity_lines": [ 75.472817, 72.534077, 68.020554, 65.882667 ] }, { "date": "2026-03-06", "close": 68.720319, "volume": 7539054, "typical_volume": 9712503.5, "trend": 64.332297, "fair_value": 77.775929, "relative_strength": -6.389557, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.183616, "energy": 54.747027, "activity_lines": [ 73.528363, 72.317336, 68.399548, 66.187355 ] }, { "date": "2026-03-13", "close": 68.485812, "volume": 10159355, "typical_volume": 9866067.3, "trend": 64.534038, "fair_value": 77.769267, "relative_strength": -4.432086, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.281262, "energy": 34.686785, "activity_lines": [ 71.439949, 71.936973, 68.710403, 66.455323 ] }, { "date": "2026-03-20", "close": 64.60907, "volume": 12260364, "typical_volume": 9885865.15, "trend": 64.483389, "fair_value": 77.735728, "relative_strength": -7.364375, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.333995, "energy": 22.388317, "activity_lines": [ 68.53742, 70.749595, 68.613876, 66.460164 ] }, { "date": "2026-03-27", "close": 70.414293, "volume": 6263790, "typical_volume": 8053580.9, "trend": 64.597678, "fair_value": 77.712624, "relative_strength": 3.975353, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.769031, "energy": 24.746833, "activity_lines": [ 68.479172, 70.66457, 69.035917, 66.842803 ] }, { "date": "2026-04-03", "close": 74.241587, "volume": 7217582, "typical_volume": 8004515.75, "trend": 64.880176, "fair_value": 77.733237, "relative_strength": 6.553663, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.520742, "energy": 23.13113, "activity_lines": [ 70.158951, 71.215126, 69.768452, 67.464991 ] }, { "date": "2026-04-10", "close": 73.430636, "volume": 6517671, "typical_volume": 7931570.05, "trend": 65.195955, "fair_value": 77.73802, "relative_strength": 2.312552, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.547727, "energy": 27.80021, "activity_lines": [ 71.537757, 71.489069, 70.346925, 68.016633 ] }, { "date": "2026-04-17", "close": 72.965822, "volume": 7339168, "typical_volume": 8028504.25, "trend": 65.534983, "fair_value": 77.748205, "relative_strength": -2.082046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.570715, "energy": 35.015347, "activity_lines": [ 72.447605, 71.574915, 70.804858, 68.517915 ] }, { "date": "2026-04-24", "close": 71.205465, "volume": 4937352, "typical_volume": 7802866.0, "trend": 65.892489, "fair_value": 77.730566, "relative_strength": -4.401086, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.4808, "energy": 33.303086, "activity_lines": [ 72.471999, 71.389642, 71.03279, 68.883753 ] }, { "date": "2026-05-01", "close": 76.67444, "volume": 7767790, "typical_volume": 7687293.6, "trend": 66.389858, "fair_value": 77.766662, "relative_strength": 2.447606, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.703157, "energy": 42.175345, "activity_lines": [ 73.879626, 72.326758, 71.725085, 69.579362 ] }, { "date": "2026-05-08", "close": 72.837257, "volume": 6262398, "typical_volume": 7506395.8, "trend": 66.946745, "fair_value": 77.790819, "relative_strength": -4.349714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.63819, "energy": 33.1307, "activity_lines": [ 73.590848, 72.578456, 71.985887, 69.995324 ] }, { "date": "2026-05-15", "close": 70.7901, "volume": 4322080, "typical_volume": 7542183.3, "trend": 67.336377, "fair_value": 77.780756, "relative_strength": -6.595216, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.308215, "energy": 26.039676, "activity_lines": [ 72.713307, 72.475116, 72.000618, 70.243282 ] }, { "date": "2026-05-22", "close": 73.30207, "volume": 7150200, "typical_volume": 7718683.6, "trend": 67.764091, "fair_value": 77.793209, "relative_strength": -3.500813, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.131107, "energy": 26.719891, "activity_lines": [ 72.849124, 72.790865, 72.213041, 70.628165 ] }, { "date": "2026-05-29", "close": 75.032759, "volume": 4220815, "typical_volume": 7445376.6, "trend": 68.351725, "fair_value": 77.809668, "relative_strength": -2.129572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.44342, "energy": 26.663956, "activity_lines": [ 73.539422, 73.333717, 72.540602, 71.097112 ] }, { "date": "2026-06-05", "close": 71.047231, "volume": 5656516, "typical_volume": 7406815.0, "trend": 68.750893, "fair_value": 77.812337, "relative_strength": -4.422968, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.529187, "energy": 15.743709, "activity_lines": [ 72.646057, 72.962406, 72.451225, 71.271015 ] }, { "date": "2026-06-12", "close": 74.389932, "volume": 4012471, "typical_volume": 7303835.3, "trend": 69.293631, "fair_value": 77.81963, "relative_strength": -0.061092, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.623877, "energy": 24.669839, "activity_lines": [ 73.242073, 73.187351, 72.661397, 71.634824 ] }, { "date": "2026-06-19", "close": 72.49, "volume": 5412503, "typical_volume": 6988828.8, "trend": 69.796186, "fair_value": 77.838146, "relative_strength": -3.080059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.06108, "energy": 20.386518, "activity_lines": [ 73.101267, 73.064156, 72.656086, 71.841042 ] }, { "date": "2026-06-26", "close": 70.71, "volume": 6571416, "typical_volume": 6692210.1, "trend": 70.157429, "fair_value": 77.815886, "relative_strength": -2.740949, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.609891, "energy": 11.156609, "activity_lines": [ 72.253801, 72.634427, 72.458602, 71.899997 ] }, { "date": "2026-07-03", "close": 68.86, "volume": 6583261, "typical_volume": 6597297.1, "trend": 70.474688, "fair_value": 77.774723, "relative_strength": -6.753142, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.621452, "energy": 6.975801, "activity_lines": [ 70.962473, 71.90935, 72.108488, 71.816292 ] }, { "date": "2026-07-10", "close": 67.57, "volume": 5780311, "typical_volume": 6606721.4, "trend": 70.633534, "fair_value": 77.714159, "relative_strength": -9.126038, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.872029, "energy": 27.403073, "activity_lines": [ 69.652662, 70.992372, 71.680217, 71.628893 ] }, { "date": "2026-07-17", "close": 68.6, "volume": 5586976, "typical_volume": 6578053.65, "trend": 70.850025, "fair_value": 77.658437, "relative_strength": -5.797052, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.881549, "energy": 38.083321, "activity_lines": [ 68.918, 70.428202, 71.396605, 71.497697 ] }, { "date": "2026-07-24", "close": 68.2, "volume": 6781319, "typical_volume": 6540166.9, "trend": 71.054486, "fair_value": 77.604808, "relative_strength": -5.309507, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.119166, "energy": 43.85544, "activity_lines": [ 68.436, 69.868346, 71.099573, 71.326728 ] }, { "date": "2026-07-31", "close": 69.95, "volume": 7347668, "typical_volume": 6399582.55, "trend": 71.290572, "fair_value": 77.573643, "relative_strength": -3.981924, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.282013, "energy": 45.216433, "activity_lines": [ 68.823333, 69.673764, 70.971685, 71.255471 ] }, { "date": "2026-08-07", "close": 73.64, "volume": 6104393, "typical_volume": 6091784.0, "trend": 71.505697, "fair_value": 77.566416, "relative_strength": -2.386459, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.714565, "energy": 11.807561, "activity_lines": [ 70.491333, 70.211038, 71.188253, 71.407047 ] } ], "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." } } }