{ "ticker": { "uuid": "d72ede42-c7bc-4897-adef-b45dba79ab02", "symbol": "KSM-F84", "name": "KSM Mutual Funds Ltd. - KSM ETF (4A) Bloomberg Brent Crude Currency Hedged", "exchange": "TLV", "country": "IL", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -53.847, "architecture_energy": 66.012, "architecture_maturity": 57.0, "architecture_confidence": 81.294, "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": 24.43, "rotation_up": 27.84, "upward_expansion": 24.09, "deceleration": 52.56, "rotation_down": 46.94, "downward_expansion": 69.42 }, "activity_lines": [ 11.41532, 11.091375, 342.596637, 540.812691 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 11.1273, "trend_reference": 715.491457, "distance_from_trend": -0.984448, "trend_direction": "Weakening", "fair_value": 738.275217, "distance_from_fair_value": -0.984928, "fair_value_direction": "Weakening", "relative_strength": -98.583636, "relative_strength_direction": "Weakening", "price_momentum": -0.985492, "excess_performance": -1.014393, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.984448, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.242087, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.984928, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.609376, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.985836, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -1.168315, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.985492, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.260592, "read": "Demand-led" } ], "volume": { "latest": 296932, "relative_activity": 1.123843, "balance": 1.260592, "dry_up": 0.716063, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 10.365552, "annualized_volatility": 6.380837, "from_high_reference": -0.992194, "from_low_reference": 0.159613 }, "levels": { "trend_reference": 715.491457, "fair_value_reference": 738.275217, "structural_low": 9.5957, "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": 19, "median_return": 0.019751, "positive_rate": 0.736842, "directional_follow_through": 0.263158, "median_excess_return": 0.017222, "regime_survival": 0.736842, "best_return": 0.210145, "worst_return": -0.138411, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.038573, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.043725, "regime_survival": 0.5, "best_return": 0.850334, "worst_return": -0.112146, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.039574, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.182606, "regime_survival": 0.2, "best_return": 0.311645, "worst_return": -0.983994, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.080883, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.144695, "regime_survival": 0.0, "best_return": 0.102539, "worst_return": 0.059226, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": -0.063875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": 0.027906, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.036311, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.059618, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-13", "tenure": "Developing", "return": 0.054052, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-08-15", "tenure": "Developing", "return": -0.115199, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-11-07", "tenure": "Developing", "return": -0.036964, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": -0.022809, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.080643, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": 0.066425, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": 0.057366, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-05-29", "tenure": "Established", "return": 0.46271, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.211031, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.137261, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 740.02002, "volume": 7522, "typical_volume": 110605.4, "trend": 693.115999, "fair_value": 593.120512, "relative_strength": 3.712364, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.344099, "energy": 70.063502, "activity_lines": [ 739.969344, 718.367637, 695.480664, 692.037374 ] }, { "date": "2023-08-25", "close": 723.570007, "volume": 16544, "typical_volume": 103822.75, "trend": 692.480332, "fair_value": 595.77, "relative_strength": 0.832379, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.892072, "energy": 73.811227, "activity_lines": [ 736.852677, 722.892003, 698.710379, 694.002149 ] }, { "date": "2023-09-01", "close": 761.02002, "volume": 59846, "typical_volume": 105232.15, "trend": 694.489667, "fair_value": 598.734872, "relative_strength": 5.483827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.957982, "energy": 77.397863, "activity_lines": [ 744.981348, 732.816917, 705.571096, 698.424064 ] }, { "date": "2023-09-08", "close": 800.059998, "volume": 118111, "typical_volume": 108629.35, "trend": 697.023999, "fair_value": 602.102436, "relative_strength": 11.695831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.348595, "energy": 86.242432, "activity_lines": [ 763.62201, 747.918735, 716.09381, 705.235053 ] }, { "date": "2023-09-15", "close": 824.919983, "volume": 41307, "typical_volume": 109092.8, "trend": 700.246666, "fair_value": 605.552179, "relative_strength": 13.680624, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.021091, "energy": 94.920997, "activity_lines": [ 786.337333, 764.898004, 728.525428, 713.486407 ] }, { "date": "2023-09-22", "close": 821.340027, "volume": 29392, "typical_volume": 98652.85, "trend": 704.221999, "fair_value": 609.008397, "relative_strength": 11.926392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.77536, "energy": 93.209688, "activity_lines": [ 803.478007, 778.295644, 739.914954, 721.298882 ] }, { "date": "2023-09-29", "close": 835.77002, "volume": 23432, "typical_volume": 94319.35, "trend": 708.018667, "fair_value": 612.574936, "relative_strength": 14.508019, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.076384, "energy": 92.817723, "activity_lines": [ 820.007345, 792.153647, 751.791718, 729.785851 ] }, { "date": "2023-10-06", "close": 752.390015, "volume": 33716, "typical_volume": 93551.5, "trend": 709.293667, "fair_value": 615.572436, "relative_strength": 3.858228, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.534885, "energy": 63.450904, "activity_lines": [ 801.263347, 788.474011, 754.861243, 732.648518 ] }, { "date": "2023-10-13", "close": 779.109985, "volume": 56135, "typical_volume": 92415.8, "trend": 714.3, "fair_value": 618.779423, "relative_strength": 14.634486, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.516711, "energy": 53.95303, "activity_lines": [ 792.001339, 789.12728, 760.050718, 737.152797 ] }, { "date": "2023-10-20", "close": 808.929993, "volume": 24210, "typical_volume": 89448.05, "trend": 719.167999, "fair_value": 622.169743, "relative_strength": 21.686653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.536307, "energy": 46.159362, "activity_lines": [ 794.076001, 794.434549, 767.597908, 743.257958 ] }, { "date": "2023-10-27", "close": 790.0, "volume": 99428, "typical_volume": 87209.7, "trend": 723.008999, "fair_value": 625.611987, "relative_strength": 23.084795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.122798, "energy": 30.297246, "activity_lines": [ 790.906665, 795.395821, 772.514717, 747.827764 ] }, { "date": "2023-11-03", "close": 778.570007, "volume": 44757, "typical_volume": 82659.6, "trend": 724.391998, "fair_value": 628.863525, "relative_strength": 15.193275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.245195, "energy": 32.203732, "activity_lines": [ 786.016667, 793.370185, 775.788194, 751.412346 ] }, { "date": "2023-11-10", "close": 726.780029, "volume": 49340, "typical_volume": 80323.0, "trend": 723.643333, "fair_value": 631.664872, "relative_strength": 6.207237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.05203, "energy": 14.044136, "activity_lines": [ 767.676676, 780.928189, 773.498483, 751.566412 ] }, { "date": "2023-11-17", "close": 715.77002, "volume": 32565, "typical_volume": 74782.3, "trend": 724.044668, "fair_value": 634.400834, "relative_strength": 3.486282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.135814, "energy": 19.851385, "activity_lines": [ 747.374015, 767.106919, 769.820056, 751.058456 ] }, { "date": "2023-11-24", "close": 732.549988, "volume": 38701, "typical_volume": 69918.25, "trend": 725.873668, "fair_value": 637.097244, "relative_strength": 1.386134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.279874, "energy": 22.672509, "activity_lines": [ 736.887341, 757.869097, 767.449007, 751.607187 ] }, { "date": "2023-12-01", "close": 763.400024, "volume": 92059, "typical_volume": 63977.55, "trend": 730.151668, "fair_value": 639.988846, "relative_strength": 6.896931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.608476, "energy": 21.192906, "activity_lines": [ 741.776013, 755.919828, 767.688342, 754.028242 ] }, { "date": "2023-12-08", "close": 688.190002, "volume": 119631, "typical_volume": 63090.3, "trend": 731.296336, "fair_value": 642.318782, "relative_strength": -5.198803, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.066824, "energy": 40.143743, "activity_lines": [ 723.368009, 741.349463, 760.474151, 751.321038 ] }, { "date": "2023-12-15", "close": 694.440002, "volume": 135177, "typical_volume": 59618.6, "trend": 732.338336, "fair_value": 644.629936, "relative_strength": -5.390829, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.640359, "energy": 47.522543, "activity_lines": [ 713.068672, 730.598735, 753.935245, 748.94321 ] }, { "date": "2023-12-22", "close": 714.450012, "volume": 136161, "typical_volume": 59040.45, "trend": 733.559003, "fair_value": 647.093975, "relative_strength": -4.081995, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.510038, "energy": 31.155121, "activity_lines": [ 711.595341, 724.539827, 749.440436, 747.789124 ] }, { "date": "2023-12-29", "close": 716.570007, "volume": 94132, "typical_volume": 62608.3, "trend": 736.273002, "fair_value": 649.567885, "relative_strength": -3.895205, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.33138, "energy": 40.018826, "activity_lines": [ 710.916674, 720.042009, 745.254341, 746.69306 ] }, { "date": "2024-01-05", "close": 718.5, "volume": 88102, "typical_volume": 66637.3, "trend": 737.773002, "fair_value": 651.923334, "relative_strength": -4.812738, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.357199, "energy": 28.200569, "activity_lines": [ 711.946671, 717.574371, 741.455054, 745.546415 ] }, { "date": "2024-01-12", "close": 707.0, "volume": 123456, "typical_volume": 71982.9, "trend": 739.803003, "fair_value": 654.135834, "relative_strength": -5.550416, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.882085, "energy": 25.21276, "activity_lines": [ 712.13667, 714.315823, 736.663006, 743.56106 ] }, { "date": "2024-01-19", "close": 710.309998, "volume": 69256, "typical_volume": 72453.4, "trend": 741.635004, "fair_value": 656.378975, "relative_strength": -3.897621, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.304477, "energy": 23.559986, "activity_lines": [ 712.176001, 712.960367, 732.265101, 741.658285 ] }, { "date": "2024-01-26", "close": 737.700012, "volume": 170439, "typical_volume": 75069.8, "trend": 744.401005, "fair_value": 658.789808, "relative_strength": 0.553918, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.806695, "energy": 22.41662, "activity_lines": [ 720.287337, 716.884368, 730.717244, 741.404415 ] }, { "date": "2024-02-02", "close": 744.090027, "volume": 69161, "typical_volume": 76462.5, "trend": 747.079673, "fair_value": 661.130834, "relative_strength": 1.819906, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -30.961042, "energy": 16.783748, "activity_lines": [ 728.978678, 721.571463, 730.074913, 741.384352 ] }, { "date": "2024-02-09", "close": 728.390015, "volume": 43067, "typical_volume": 77146.25, "trend": 747.947341, "fair_value": 663.267052, "relative_strength": -1.033675, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.431252, "energy": 18.287084, "activity_lines": [ 730.602014, 723.194192, 728.322247, 740.178567 ] }, { "date": "2024-02-16", "close": 749.390015, "volume": 124191, "typical_volume": 82184.2, "trend": 749.427008, "fair_value": 665.415642, "relative_strength": 0.155716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.228248, "energy": 13.784208, "activity_lines": [ 738.566016, 729.271648, 729.0122, 740.271643 ] }, { "date": "2024-02-23", "close": 750.700012, "volume": 8893, "typical_volume": 80943.05, "trend": 750.333675, "fair_value": 667.492821, "relative_strength": -2.369553, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -4.167588, "energy": 13.939841, "activity_lines": [ 744.140682, 734.474557, 730.238248, 740.353772 ] }, { "date": "2024-03-01", "close": 753.950012, "volume": 78381, "typical_volume": 82055.35, "trend": 750.902675, "fair_value": 669.62686, "relative_strength": -3.461674, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 0.062158, "energy": 13.197748, "activity_lines": [ 748.106014, 739.245467, 731.781867, 740.587084 ] }, { "date": "2024-03-08", "close": 758.0, "volume": 16026, "typical_volume": 81646.15, "trend": 750.862675, "fair_value": 671.628591, "relative_strength": -2.532947, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.341105, "energy": 35.218229, "activity_lines": [ 752.338009, 744.034556, 733.831009, 741.044976 ] }, { "date": "2024-03-15", "close": 780.719971, "volume": 48609, "typical_volume": 79105.2, "trend": 752.21934, "fair_value": 673.890834, "relative_strength": 3.087245, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.923403, "energy": 53.676577, "activity_lines": [ 763.215995, 752.201276, 738.286482, 742.971253 ] }, { "date": "2024-03-22", "close": 787.27002, "volume": 48530, "typical_volume": 79293.85, "trend": 754.342674, "fair_value": 676.342244, "relative_strength": -1.171699, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.874144, "energy": 60.622421, "activity_lines": [ 772.788668, 760.427642, 743.409959, 745.232588 ] }, { "date": "2024-03-29", "close": 802.5, "volume": 53774, "typical_volume": 79515.55, "trend": 755.72534, "fair_value": 678.800578, "relative_strength": -0.087065, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.108636, "energy": 72.276182, "activity_lines": [ 784.912667, 769.963641, 749.942482, 748.339512 ] }, { "date": "2024-04-05", "close": 828.5, "volume": 73146, "typical_volume": 81544.6, "trend": 756.67334, "fair_value": 681.48327, "relative_strength": 5.756644, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.410374, "energy": 82.321998, "activity_lines": [ 802.25, 782.55073, 758.590624, 753.034651 ] }, { "date": "2024-04-12", "close": 839.159973, "volume": 21686, "typical_volume": 80693.85, "trend": 757.148006, "fair_value": 684.172821, "relative_strength": 7.764796, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.778452, "energy": 94.476769, "activity_lines": [ 818.170658, 795.425088, 767.717193, 758.35637 ] }, { "date": "2024-04-19", "close": 806.869995, "volume": 66739, "typical_volume": 79427.85, "trend": 756.665672, "fair_value": 686.623975, "relative_strength": 4.679485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.425868, "energy": 86.406967, "activity_lines": [ 817.917326, 800.699996, 773.260858, 761.56424 ] }, { "date": "2024-04-26", "close": 817.969971, "volume": 10626, "typical_volume": 73977.6, "trend": 756.072337, "fair_value": 688.988013, "relative_strength": 5.250061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.973836, "energy": 84.847134, "activity_lines": [ 819.62065, 806.566172, 779.654665, 765.519356 ] }, { "date": "2024-05-03", "close": 783.880005, "volume": 103949, "typical_volume": 72416.2, "trend": 757.122003, "fair_value": 691.118782, "relative_strength": -0.131492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.231181, "energy": 53.198571, "activity_lines": [ 807.913989, 804.987265, 782.183808, 767.313399 ] }, { "date": "2024-05-10", "close": 788.669983, "volume": 26311, "typical_volume": 66923.7, "trend": 757.44067, "fair_value": 693.318398, "relative_strength": -2.876148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.640136, "energy": 34.377945, "activity_lines": [ 799.045321, 803.67599, 784.743235, 769.348753 ] }, { "date": "2024-05-17", "close": 783.27002, "volume": 22542, "typical_volume": 63344.2, "trend": 756.585337, "fair_value": 695.537885, "relative_strength": -2.666265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.305091, "energy": 26.647676, "activity_lines": [ 791.031999, 800.751631, 786.434951, 771.015162 ] }, { "date": "2024-05-24", "close": 775.869995, "volume": 13941, "typical_volume": 59636.15, "trend": 756.114337, "fair_value": 697.607564, "relative_strength": -2.952778, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.684576, "energy": 29.586897, "activity_lines": [ 784.277999, 796.022359, 787.104284, 772.259334 ] }, { "date": "2024-05-31", "close": 787.320007, "volume": 45111, "typical_volume": 55718.9, "trend": 756.406004, "fair_value": 699.629295, "relative_strength": -3.184837, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.775225, "energy": 24.796145, "activity_lines": [ 783.407336, 793.463088, 788.590903, 774.272603 ] }, { "date": "2024-06-07", "close": 747.849976, "volume": 197820, "typical_volume": 62147.1, "trend": 757.108335, "fair_value": 701.389103, "relative_strength": -6.463956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.395767, "energy": 19.790627, "activity_lines": [ 771.423328, 783.726539, 785.935996, 773.720601 ] }, { "date": "2024-06-14", "close": 778.929993, "volume": 146640, "typical_volume": 60957.15, "trend": 759.213668, "fair_value": 703.265257, "relative_strength": -3.822029, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.186909, "energy": 17.532924, "activity_lines": [ 772.201327, 780.634539, 786.062329, 775.12845 ] }, { "date": "2024-06-21", "close": 806.570007, "volume": 111032, "typical_volume": 63050.7, "trend": 761.681002, "fair_value": 705.286282, "relative_strength": 0.358976, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.709971, "energy": 16.355884, "activity_lines": [ 782.841996, 783.469269, 788.62471, 778.183698 ] }, { "date": "2024-06-28", "close": 806.789978, "volume": 26116, "typical_volume": 62203.15, "trend": 763.127334, "fair_value": 707.216795, "relative_strength": -0.168805, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.019897, "energy": 22.632608, "activity_lines": [ 792.002657, 786.936539, 790.910518, 781.093954 ] }, { "date": "2024-07-05", "close": 831.48999, "volume": 12417, "typical_volume": 56614.45, "trend": 767.904, "fair_value": 709.449551, "relative_strength": 0.629616, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.612303, "energy": 56.908765, "activity_lines": [ 807.335323, 794.896175, 795.175374, 785.504448 ] }, { "date": "2024-07-12", "close": 817.299988, "volume": 29266, "typical_volume": 57633.1, "trend": 771.999333, "fair_value": 711.554038, "relative_strength": -3.62121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.617253, "energy": 63.664334, "activity_lines": [ 814.993323, 800.029992, 797.69785, 788.691286 ] }, { "date": "2024-07-19", "close": 813.72998, "volume": 9657, "typical_volume": 54196.9, "trend": 775.308665, "fair_value": 713.68532, "relative_strength": -2.947637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.09054, "energy": 65.185171, "activity_lines": [ 816.831319, 803.90708, 799.563182, 791.383586 ] }, { "date": "2024-07-26", "close": 769.5, "volume": 114353, "typical_volume": 59113.25, "trend": 777.072998, "fair_value": 715.436218, "relative_strength": -8.263059, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.166805, "energy": 24.337534, "activity_lines": [ 801.605989, 799.286718, 796.931468, 791.008833 ] }, { "date": "2024-08-02", "close": 790.0, "volume": 1946849, "typical_volume": 154025.25, "trend": 779.456331, "fair_value": 717.469231, "relative_strength": -2.836218, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.692183, "energy": 12.361837, "activity_lines": [ 795.685327, 798.643992, 796.197374, 791.842833 ] }, { "date": "2024-08-09", "close": 756.900024, "volume": 266140, "typical_volume": 164905.75, "trend": 781.119666, "fair_value": 719.251603, "relative_strength": -7.840901, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.19906, "energy": 23.757369, "activity_lines": [ 779.850671, 791.72618, 792.26671, 790.387588 ] }, { "date": "2024-08-16", "close": 775.309998, "volume": 53551, "typical_volume": 164894.6, "trend": 783.286332, "fair_value": 721.369295, "relative_strength": -7.740027, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.340576, "energy": 23.970977, "activity_lines": [ 775.125338, 788.708726, 790.233996, 790.01277 ] }, { "date": "2024-08-23", "close": 741.309998, "volume": 92145, "typical_volume": 165844.55, "trend": 783.406665, "fair_value": 723.077308, "relative_strength": -11.484834, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.863995, "energy": 51.9553, "activity_lines": [ 761.866004, 779.010181, 785.092663, 787.30462 ] }, { "date": "2024-08-30", "close": 772.75, "volume": 778708, "typical_volume": 203695.65, "trend": 784.361998, "fair_value": 724.896538, "relative_strength": -9.393288, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.723693, "energy": 45.308296, "activity_lines": [ 763.914669, 775.712, 783.360806, 786.617093 ] }, { "date": "2024-09-06", "close": 715.880005, "volume": 817723, "typical_volume": 241244.85, "trend": 783.944997, "fair_value": 726.379231, "relative_strength": -14.83235, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.329923, "energy": 70.518888, "activity_lines": [ 746.790003, 762.688729, 776.528998, 782.1989 ] }, { "date": "2024-09-13", "close": 699.190002, "volume": 705965, "typical_volume": 276011.8, "trend": 782.271663, "fair_value": 727.670385, "relative_strength": -15.683895, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.644309, "energy": 80.52709, "activity_lines": [ 729.043335, 748.28382, 768.540951, 776.730836 ] }, { "date": "2024-09-20", "close": 723.48999, "volume": 98994, "typical_volume": 275764.05, "trend": 781.364663, "fair_value": 729.04391, "relative_strength": -9.565885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.72836, "energy": 72.354119, "activity_lines": [ 723.243998, 740.702546, 763.432807, 772.93847 ] }, { "date": "2024-09-27", "close": 699.539978, "volume": 78586, "typical_volume": 278377.8, "trend": 779.550995, "fair_value": 730.169936, "relative_strength": -16.52008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.591197, "energy": 78.552842, "activity_lines": [ 712.915991, 730.47236, 756.331282, 767.659458 ] }, { "date": "2024-10-04", "close": 703.429993, "volume": 52554, "typical_volume": 279878.4, "trend": 777.731995, "fair_value": 731.187564, "relative_strength": -15.660266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.465767, "energy": 71.71184, "activity_lines": [ 706.669324, 723.025631, 750.024662, 762.748425 ] }, { "date": "2024-10-11", "close": 770.400024, "volume": 455501, "typical_volume": 301956.4, "trend": 777.387996, "fair_value": 732.466218, "relative_strength": -7.245371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.725983, "energy": 34.364895, "activity_lines": [ 727.367334, 728.956545, 750.476332, 762.275395 ] }, { "date": "2024-10-18", "close": 738.47998, "volume": 276734, "typical_volume": 313537.55, "trend": 775.761662, "fair_value": 733.508846, "relative_strength": -12.317146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.35107, "energy": 25.525259, "activity_lines": [ 733.790661, 729.440178, 747.914044, 759.7652 ] }, { "date": "2024-10-25", "close": 732.390015, "volume": 71399, "typical_volume": 307216.5, "trend": 773.424662, "fair_value": 734.580192, "relative_strength": -13.124933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.890629, "energy": 18.776157, "activity_lines": [ 735.564669, 729.151454, 745.004332, 756.96703 ] }, { "date": "2024-11-01", "close": 725.549988, "volume": 219618, "typical_volume": 310865.4, "trend": 769.992995, "fair_value": 735.556154, "relative_strength": -15.281064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.744585, "energy": 21.498565, "activity_lines": [ 734.465332, 728.399452, 741.516807, 753.878341 ] }, { "date": "2024-11-08", "close": 738.0, "volume": 319548, "typical_volume": 321291.2, "trend": 766.620996, "fair_value": 736.670705, "relative_strength": -14.428539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.208828, "energy": 19.767639, "activity_lines": [ 735.781999, 730.197634, 739.469189, 751.814277 ] }, { "date": "2024-11-15", "close": 723.0, "volume": 98540, "typical_volume": 324912.4, "trend": 763.82533, "fair_value": 737.764487, "relative_strength": -17.158992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.829792, "energy": 26.990323, "activity_lines": [ 729.793998, 729.900362, 736.319522, 749.000019 ] }, { "date": "2024-11-22", "close": 732.070007, "volume": 44323, "typical_volume": 326507.7, "trend": 760.961997, "fair_value": 738.853974, "relative_strength": -15.44562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.729495, "energy": 24.876233, "activity_lines": [ 729.989335, 731.122727, 734.432666, 746.951289 ] }, { "date": "2024-11-29", "close": 720.369995, "volume": 109337, "typical_volume": 330511.25, "trend": 758.844997, "fair_value": 740.41468, "relative_strength": -16.385762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.700637, "energy": 27.82059, "activity_lines": [ 726.711999, 729.619999, 731.904951, 744.33245 ] }, { "date": "2024-12-06", "close": 721.5, "volume": 20055, "typical_volume": 331031.15, "trend": 756.605998, "fair_value": 741.684103, "relative_strength": -18.171479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.209429, "energy": 30.31902, "activity_lines": [ 724.612667, 728.379454, 729.946428, 741.923095 ] }, { "date": "2024-12-13", "close": 734.030029, "volume": 87986, "typical_volume": 329712.8, "trend": 754.964665, "fair_value": 743.057821, "relative_strength": -16.84684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.117429, "energy": 24.44195, "activity_lines": [ 726.96001, 729.017823, 729.62043, 740.466581 ] }, { "date": "2024-12-20", "close": 729.51001, "volume": 43577, "typical_volume": 234549.2, "trend": 753.419332, "fair_value": 744.359744, "relative_strength": -18.157707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.522301, "energy": 23.557673, "activity_lines": [ 728.065344, 728.278006, 729.03286, 738.824345 ] }, { "date": "2024-12-27", "close": 738.059998, "volume": 52836, "typical_volume": 223884.0, "trend": 751.777332, "fair_value": 745.562052, "relative_strength": -17.412052, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.488492, "energy": 11.062757, "activity_lines": [ 731.586674, 729.836187, 729.547621, 737.83342 ] }, { "date": "2025-01-03", "close": 762.669983, "volume": 158955, "typical_volume": 229154.2, "trend": 752.271332, "fair_value": 746.794039, "relative_strength": -15.588747, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.828433, "energy": 10.713015, "activity_lines": [ 742.912, 735.876547, 732.495905, 738.536172 ] }, { "date": "2025-01-10", "close": 763.690002, "volume": 71581, "typical_volume": 228126.0, "trend": 751.763332, "fair_value": 747.917885, "relative_strength": -16.42389, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.869992, "energy": 31.737619, "activity_lines": [ 751.757332, 741.55182, 735.601525, 739.27286 ] }, { "date": "2025-01-17", "close": 815.659973, "volume": 55297, "typical_volume": 191955.45, "trend": 752.066331, "fair_value": 749.228719, "relative_strength": -13.110367, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 62.063863, "energy": 73.272734, "activity_lines": [ 775.113322, 755.982724, 743.550094, 743.395224 ] }, { "date": "2025-01-24", "close": 797.179993, "volume": 119201, "typical_volume": 157029.35, "trend": 751.745998, "fair_value": 750.331475, "relative_strength": -14.433776, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.726746, "energy": 73.736114, "activity_lines": [ 786.867322, 765.641632, 749.534331, 746.305783 ] }, { "date": "2025-01-31", "close": 768.5, "volume": 47425, "typical_volume": 124102.35, "trend": 749.646332, "fair_value": 751.309616, "relative_strength": -14.763465, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.207741, "energy": 67.412337, "activity_lines": [ 784.549992, 768.737268, 752.399998, 747.386687 ] }, { "date": "2025-02-07", "close": 763.559998, "volume": 87038, "typical_volume": 123504.55, "trend": 747.854999, "fair_value": 752.077436, "relative_strength": -16.915732, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.299385, "energy": 68.342527, "activity_lines": [ 778.556661, 770.272359, 754.465141, 748.284342 ] }, { "date": "2025-02-14", "close": 760.77002, "volume": 59847, "typical_volume": 122567.6, "trend": 746.089667, "fair_value": 752.814295, "relative_strength": -16.496828, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.936443, "energy": 36.427055, "activity_lines": [ 771.574003, 770.514908, 756.073762, 749.11757 ] }, { "date": "2025-02-21", "close": 782.0, "volume": 16268, "typical_volume": 120753.3, "trend": 746.506333, "fair_value": 753.343655, "relative_strength": -14.320808, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.885238, "energy": 28.925627, "activity_lines": [ 771.862671, 773.903454, 759.412714, 751.434365 ] }, { "date": "2025-02-28", "close": 751.280029, "volume": 28593, "typical_volume": 99407.9, "trend": 745.215668, "fair_value": 753.076796, "relative_strength": -15.817828, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.637402, "energy": 21.097366, "activity_lines": [ 764.155347, 770.834368, 759.451812, 751.742346 ] }, { "date": "2025-03-07", "close": 714.0, "volume": 85945, "typical_volume": 89868.45, "trend": 743.785667, "fair_value": 752.467757, "relative_strength": -19.47718, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.616941, "energy": 15.36666, "activity_lines": [ 747.081344, 760.591278, 756.031479, 749.728432 ] }, { "date": "2025-03-14", "close": 726.859985, "volume": 45660, "typical_volume": 88581.5, "trend": 742.170667, "fair_value": 752.532437, "relative_strength": -18.917631, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.981, "energy": 27.180668, "activity_lines": [ 737.927335, 753.12382, 753.952477, 748.636452 ] }, { "date": "2025-03-21", "close": 722.289978, "volume": 17277, "typical_volume": 78464.45, "trend": 741.536666, "fair_value": 751.726667, "relative_strength": -18.653825, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.686572, "energy": 34.903503, "activity_lines": [ 729.696659, 745.476544, 751.46457, 747.353827 ] }, { "date": "2025-03-28", "close": 758.780029, "volume": 51240, "typical_volume": 65049.05, "trend": 741.071, "fair_value": 751.501924, "relative_strength": -12.696879, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.391453, "energy": 23.826363, "activity_lines": [ 736.194669, 745.216549, 752.46743, 748.466302 ] }, { "date": "2025-04-04", "close": 724.0, "volume": 100140, "typical_volume": 65129.05, "trend": 741.341667, "fair_value": 751.225193, "relative_strength": -15.662432, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.277202, "energy": 27.369066, "activity_lines": [ 732.647335, 739.667094, 750.058954, 747.364947 ] }, { "date": "2025-04-11", "close": 643.929993, "volume": 462140, "typical_volume": 86019.9, "trend": 739.499666, "fair_value": 750.194937, "relative_strength": -23.328522, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -58.221731, "energy": 58.15021, "activity_lines": [ 704.228666, 720.890001, 740.020001, 741.080323 ] }, { "date": "2025-04-18", "close": 682.320007, "volume": 142758, "typical_volume": 87690.95, "trend": 738.127334, "fair_value": 749.389552, "relative_strength": -20.484588, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.427185, "energy": 66.000222, "activity_lines": [ 693.278003, 711.35782, 734.056954, 737.391313 ] }, { "date": "2025-04-25", "close": 684.710022, "volume": 146330, "typical_volume": 94004.7, "trend": 737.633002, "fair_value": 748.71077, "relative_strength": -20.049162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.973425, "energy": 72.655719, "activity_lines": [ 686.093343, 703.737278, 728.502718, 733.945035 ] }, { "date": "2025-05-02", "close": 663.289978, "volume": 36044, "typical_volume": 91407.6, "trend": 736.295001, "fair_value": 747.804424, "relative_strength": -22.274031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.58699, "energy": 79.399913, "activity_lines": [ 674.273999, 693.605091, 721.083668, 729.148711 ] }, { "date": "2025-05-09", "close": 650.02002, "volume": 319337, "typical_volume": 105195.6, "trend": 732.282334, "fair_value": 746.868655, "relative_strength": -26.631569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.121137, "energy": 76.832091, "activity_lines": [ 664.397339, 683.218549, 712.737669, 723.582583 ] }, { "date": "2025-05-16", "close": 674.0, "volume": 269249, "typical_volume": 116016.25, "trend": 730.133002, "fair_value": 746.098719, "relative_strength": -23.122687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.969506, "energy": 56.559945, "activity_lines": [ 667.446004, 679.033094, 707.054003, 719.822432 ] }, { "date": "2025-05-23", "close": 667.109985, "volume": 116926, "typical_volume": 113914.8, "trend": 727.957001, "fair_value": 744.93936, "relative_strength": -22.24808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.968618, "energy": 48.615095, "activity_lines": [ 666.193331, 674.322182, 701.019192, 715.756431 ] }, { "date": "2025-05-30", "close": 682.059998, "volume": 30308, "typical_volume": 111851.15, "trend": 726.507334, "fair_value": 743.706732, "relative_strength": -23.04636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.234803, "energy": 42.141407, "activity_lines": [ 670.937997, 673.415818, 696.863239, 712.795334 ] }, { "date": "2025-06-06", "close": 682.130005, "volume": 134294, "typical_volume": 115801.0, "trend": 724.645001, "fair_value": 742.110129, "relative_strength": -23.384957, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.656834, "energy": 31.462107, "activity_lines": [ 675.882666, 673.253637, 693.102668, 709.932281 ] }, { "date": "2025-06-13", "close": 721.719971, "volume": 281635, "typical_volume": 123922.7, "trend": 724.602334, "fair_value": 741.034616, "relative_strength": -17.101898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.379389, "energy": 16.669661, "activity_lines": [ 692.767989, 681.683268, 693.748427, 709.743569 ] }, { "date": "2025-06-20", "close": 807.299988, "volume": 604715, "typical_volume": 151787.2, "trend": 727.11, "fair_value": 740.872949, "relative_strength": -11.201239, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.446996, "energy": 36.599517, "activity_lines": [ 733.399988, 705.714357, 702.903997, 715.078902 ] }, { "date": "2025-06-27", "close": 706.650024, "volume": 560793, "typical_volume": 175474.95, "trend": 726.652667, "fair_value": 739.852501, "relative_strength": -23.398614, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.768743, "energy": 24.241144, "activity_lines": [ 731.595333, 708.475089, 702.289095, 713.758903 ] }, { "date": "2025-07-04", "close": 732.440002, "volume": 79456, "typical_volume": 176455.4, "trend": 727.017334, "fair_value": 739.409168, "relative_strength": -23.033271, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.362855, "energy": 27.788703, "activity_lines": [ 735.751334, 715.482544, 704.401381, 714.13228 ] }, { "date": "2025-07-11", "close": 742.799988, "volume": 140069, "typical_volume": 182645.45, "trend": 727.309666, "fair_value": 739.458975, "relative_strength": -21.942926, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.018539, "energy": 33.774773, "activity_lines": [ 740.001998, 723.505815, 707.635236, 715.150515 ] }, { "date": "2025-07-18", "close": 734.840027, "volume": 61103, "typical_volume": 184270.95, "trend": 727.487333, "fair_value": 739.14686, "relative_strength": -20.783468, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.463807, "energy": 18.365933, "activity_lines": [ 737.554675, 728.636184, 710.297668, 715.636345 ] }, { "date": "2025-07-25", "close": 742.809998, "volume": 98446, "typical_volume": 184896.0, "trend": 727.645667, "fair_value": 738.60218, "relative_strength": -19.991838, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.305962, "energy": 21.533281, "activity_lines": [ 736.889339, 733.673456, 713.797429, 716.624904 ] }, { "date": "2025-08-01", "close": 779.369995, "volume": 138221, "typical_volume": 189524.05, "trend": 728.202334, "fair_value": 738.636603, "relative_strength": -14.743254, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.06356, "energy": 41.658569, "activity_lines": [ 752.710002, 744.10691, 720.641905, 719.961958 ] }, { "date": "2025-08-08", "close": 727.840027, "volume": 128107, "typical_volume": 195065.55, "trend": 727.007334, "fair_value": 738.219231, "relative_strength": -17.557491, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.996439, "energy": 23.246061, "activity_lines": [ 746.50601, 743.130188, 722.328717, 719.938583 ] }, { "date": "2025-08-15", "close": 714.299988, "volume": 27972, "typical_volume": 193902.15, "trend": 723.628668, "fair_value": 737.85859, "relative_strength": -19.244368, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.083603, "energy": 12.612849, "activity_lines": [ 736.095337, 738.859276, 722.699573, 719.118754 ] }, { "date": "2025-08-22", "close": 732.059998, "volume": 44978, "typical_volume": 191144.05, "trend": 721.458002, "fair_value": 737.287693, "relative_strength": -17.481713, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.611264, "energy": 10.019692, "activity_lines": [ 733.504667, 737.232549, 724.973668, 719.662711 ] }, { "date": "2025-08-29", "close": 739.400024, "volume": 25097, "typical_volume": 169291.9, "trend": 720.488003, "fair_value": 737.141026, "relative_strength": -17.960253, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.574153, "energy": 19.51853, "activity_lines": [ 733.546008, 736.75237, 727.908432, 720.820261 ] }, { "date": "2025-09-05", "close": 731.799988, "volume": 78540, "typical_volume": 166081.0, "trend": 719.429336, "fair_value": 737.210321, "relative_strength": -17.574243, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.770508, "energy": 16.638965, "activity_lines": [ 731.281336, 736.124912, 729.664764, 721.550066 ] }, { "date": "2025-09-12", "close": 740.599976, "volume": 46928, "typical_volume": 161110.9, "trend": 718.757001, "fair_value": 737.161603, "relative_strength": -17.26449, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.871673, "energy": 17.836267, "activity_lines": [ 735.121326, 736.64018, 732.023571, 722.915914 ] }, { "date": "2025-09-19", "close": 746.030029, "volume": 87450, "typical_volume": 163681.2, "trend": 717.558002, "fair_value": 737.187821, "relative_strength": -14.032033, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.805856, "energy": 27.659027, "activity_lines": [ 739.920671, 737.994367, 734.633383, 724.675464 ] }, { "date": "2025-09-26", "close": 749.969971, "volume": 34592, "typical_volume": 149443.95, "trend": 717.514333, "fair_value": 737.415513, "relative_strength": -13.445019, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.50661, "energy": 49.40142, "activity_lines": [ 743.917993, 740.006179, 737.224428, 726.766559 ] }, { "date": "2025-10-03", "close": 728.0, "volume": 91387, "typical_volume": 140550.85, "trend": 717.981, "fair_value": 737.190385, "relative_strength": -19.719523, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.655318, "energy": 35.676227, "activity_lines": [ 739.397994, 737.748361, 737.247142, 727.443054 ] }, { "date": "2025-10-10", "close": 732.200012, "volume": 7927, "typical_volume": 135100.9, "trend": 718.159001, "fair_value": 737.02218, "relative_strength": -20.347186, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.347558, "energy": 23.106745, "activity_lines": [ 737.038, 736.523454, 737.412715, 728.360409 ] }, { "date": "2025-10-17", "close": 687.789978, "volume": 215180, "typical_volume": 144344.5, "trend": 717.009001, "fair_value": 736.516987, "relative_strength": -22.980912, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -12.548039, "energy": 22.906788, "activity_lines": [ 719.847994, 728.081632, 733.038808, 726.401117 ] }, { "date": "2025-10-24", "close": 724.809998, "volume": 339300, "typical_volume": 154594.8, "trend": 715.876666, "fair_value": 736.124744, "relative_strength": -17.892935, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.322956, "energy": 19.377954, "activity_lines": [ 718.518661, 727.098905, 732.163332, 726.904408 ] }, { "date": "2025-10-31", "close": 714.330017, "volume": 87804, "typical_volume": 144903.25, "trend": 715.554334, "fair_value": 735.641795, "relative_strength": -20.301139, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.58205, "energy": 27.814835, "activity_lines": [ 715.110669, 724.019636, 730.086524, 726.804624 ] }, { "date": "2025-11-07", "close": 705.0, "volume": 39667, "typical_volume": 116650.85, "trend": 717.59, "fair_value": 735.203206, "relative_strength": -22.161901, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.864227, "energy": 44.808585, "activity_lines": [ 710.968669, 719.566363, 727.156333, 726.123699 ] }, { "date": "2025-11-14", "close": 704.099976, "volume": 79705, "typical_volume": 92596.45, "trend": 718.315999, "fair_value": 734.812821, "relative_strength": -23.872725, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.733383, "energy": 36.925949, "activity_lines": [ 708.059994, 715.574905, 724.627569, 725.253375 ] }, { "date": "2025-11-21", "close": 707.929993, "volume": 169049, "typical_volume": 97076.1, "trend": 719.089998, "fair_value": 734.674936, "relative_strength": -21.114302, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.55997, "energy": 37.331967, "activity_lines": [ 708.301327, 712.78345, 722.475711, 724.58331 ] }, { "date": "2025-11-28", "close": 699.809998, "volume": 161048, "typical_volume": 98125.05, "trend": 720.307332, "fair_value": 734.295962, "relative_strength": -22.111866, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.972328, "energy": 40.308865, "activity_lines": [ 704.493327, 709.109632, 719.667235, 723.339439 ] }, { "date": "2025-12-05", "close": 700.340027, "volume": 126278, "typical_volume": 101383.8, "trend": 721.984666, "fair_value": 734.464359, "relative_strength": -24.01426, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.286304, "energy": 38.887288, "activity_lines": [ 702.528671, 706.372547, 717.113952, 722.051226 ] }, { "date": "2025-12-12", "close": 688.039978, "volume": 223594, "typical_volume": 107641.2, "trend": 722.452665, "fair_value": 734.334103, "relative_strength": -27.257539, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.396122, "energy": 55.627198, "activity_lines": [ 697.396664, 702.301452, 713.553521, 719.861246 ] }, { "date": "2025-12-19", "close": 670.359985, "volume": 176530, "typical_volume": 109556.65, "trend": 722.560999, "fair_value": 734.049231, "relative_strength": -29.046746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.489782, "energy": 71.411088, "activity_lines": [ 687.501994, 695.742358, 708.570091, 716.500428 ] }, { "date": "2025-12-26", "close": 697.340027, "volume": 194584, "typical_volume": 112880.5, "trend": 723.070333, "fair_value": 733.942436, "relative_strength": -24.339293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.786648, "energy": 52.61467, "activity_lines": [ 688.850004, 695.213092, 706.675285, 714.873268 ] }, { "date": "2026-01-02", "close": 693.200012, "volume": 127680, "typical_volume": 117865.9, "trend": 723.439333, "fair_value": 734.027885, "relative_strength": -25.944751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.156326, "energy": 46.076608, "activity_lines": [ 689.524007, 693.757457, 704.531429, 712.946151 ] }, { "date": "2026-01-09", "close": 701.0, "volume": 269668, "typical_volume": 129100.4, "trend": 722.748667, "fair_value": 733.925321, "relative_strength": -27.550739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.640906, "energy": 33.600513, "activity_lines": [ 693.238672, 694.29473, 703.230905, 711.498452 ] }, { "date": "2026-01-16", "close": 724.419983, "volume": 270812, "typical_volume": 141386.15, "trend": 719.986001, "fair_value": 733.872244, "relative_strength": -26.489306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.129364, "energy": 14.460428, "activity_lines": [ 704.715999, 699.332545, 704.308761, 711.606279 ] }, { "date": "2026-01-23", "close": 730.0, "volume": 453788, "typical_volume": 160148.55, "trend": 720.764333, "fair_value": 733.791218, "relative_strength": -25.424807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.275317, "energy": 16.612792, "activity_lines": [ 715.627999, 705.031818, 705.98938, 712.252343 ] }, { "date": "2026-01-30", "close": 778.48999, "volume": 497098, "typical_volume": 182657.05, "trend": 722.299333, "fair_value": 734.289616, "relative_strength": -20.06211, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.361289, "energy": 45.864438, "activity_lines": [ 738.727327, 719.076544, 712.296665, 715.976579 ] }, { "date": "2026-02-06", "close": 767.0, "volume": 121957, "typical_volume": 184382.4, "trend": 723.106, "fair_value": 734.565064, "relative_strength": -21.463945, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.731045, "energy": 62.993992, "activity_lines": [ 752.586662, 729.749271, 717.329236, 718.860493 ] }, { "date": "2026-02-13", "close": 767.450012, "volume": 154917, "typical_volume": 190398.65, "trend": 724.192999, "fair_value": 734.816411, "relative_strength": -22.907688, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.429242, "energy": 69.329041, "activity_lines": [ 761.676001, 739.282182, 722.304809, 721.721397 ] }, { "date": "2026-02-20", "close": 811.0, "volume": 234436, "typical_volume": 197551.1, "trend": 726.465999, "fair_value": 735.514616, "relative_strength": -18.944966, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.97386, "energy": 89.079241, "activity_lines": [ 780.852002, 755.513091, 731.344762, 727.321849 ] }, { "date": "2026-02-27", "close": 825.159973, "volume": 250462, "typical_volume": 209677.85, "trend": 727.992332, "fair_value": 736.176731, "relative_strength": -14.733561, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.237596, "energy": 91.200168, "activity_lines": [ 798.975993, 772.082905, 741.338045, 733.689202 ] }, { "date": "2026-03-06", "close": 999.099976, "volume": 1231973, "typical_volume": 260517.5, "trend": 737.03433, "fair_value": 738.003397, "relative_strength": -1.685631, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.891738, "energy": 98.604686, "activity_lines": [ 868.735986, 817.463627, 767.454376, 751.180018 ] }, { "date": "2026-03-13", "close": 1148.689941, "volume": 1960083, "typical_volume": 341556.65, "trend": 751.513995, "fair_value": 741.335256, "relative_strength": 18.021669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.281025, "energy": 99.428637, "activity_lines": [ 973.651969, 884.555981, 806.334942, 777.738444 ] }, { "date": "2026-03-20", "close": 1240.390015, "volume": 882743, "typical_volume": 381303.6, "trend": 768.458329, "fair_value": 745.037179, "relative_strength": 23.429297, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.457443, "energy": 99.361281, "activity_lines": [ 1083.688648, 960.039441, 851.930373, 809.278833 ] }, { "date": "2026-03-27", "close": 1218.589966, "volume": 797579, "typical_volume": 419199.2, "trend": 784.431327, "fair_value": 748.523204, "relative_strength": 27.698011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.977393, "energy": 95.357096, "activity_lines": [ 1154.929309, 1021.752164, 892.944561, 838.319583 ] }, { "date": "2026-04-03", "close": 1237.060059, "volume": 325388, "typical_volume": 431483.35, "trend": 801.27333, "fair_value": 751.728205, "relative_strength": 26.877887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.012598, "energy": 92.474679, "activity_lines": [ 1205.154004, 1077.838177, 933.272138, 867.521437 ] }, { "date": "2026-04-10", "close": 1142.140015, "volume": 349165, "typical_volume": 440489.15, "trend": 814.657998, "fair_value": 754.246795, "relative_strength": 10.53319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.41308, "energy": 70.991447, "activity_lines": [ 1196.278679, 1107.446726, 962.021807, 889.512836 ] }, { "date": "2026-04-17", "close": 1132.689941, "volume": 478589, "typical_volume": 456366.2, "trend": 827.546661, "fair_value": 756.996538, "relative_strength": 10.691322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.303792, "energy": 66.275446, "activity_lines": [ 1174.717326, 1128.725262, 987.803801, 910.031026 ] }, { "date": "2026-04-24", "close": 1267.089966, "volume": 390048, "typical_volume": 469554.7, "trend": 844.783995, "fair_value": 760.774807, "relative_strength": 24.891475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.81696, "energy": 69.001816, "activity_lines": [ 1199.022648, 1167.791258, 1024.324465, 938.388658 ] }, { "date": "2026-05-01", "close": 1398.810059, "volume": 229697, "typical_volume": 469859.85, "trend": 867.14433, "fair_value": 765.670641, "relative_strength": 35.335033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.759269, "energy": 71.746919, "activity_lines": [ 1265.454671, 1221.721998, 1070.691091, 974.132275 ] }, { "date": "2026-05-08", "close": 1250.0, "volume": 531328, "typical_volume": 487599.75, "trend": 884.404329, "fair_value": 769.492115, "relative_strength": 18.24785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.262303, "energy": 61.610708, "activity_lines": [ 1270.268669, 1237.908909, 1099.50071, 998.832641 ] }, { "date": "2026-05-15", "close": 1350.890015, "volume": 324145, "typical_volume": 494077.8, "trend": 906.507664, "fair_value": 773.900513, "relative_strength": 31.035886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.603546, "energy": 65.299969, "activity_lines": [ 1307.850008, 1264.715095, 1135.158712, 1028.928492 ] }, { "date": "2026-05-22", "close": 1357.790039, "volume": 167571, "typical_volume": 496072.35, "trend": 927.606999, "fair_value": 778.259231, "relative_strength": 30.875597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.41521, "energy": 64.309045, "activity_lines": [ 1333.814689, 1286.379648, 1168.361716, 1058.043484 ] }, { "date": "2026-05-29", "close": 1206.969971, "volume": 456104, "typical_volume": 505394.15, "trend": 944.028331, "fair_value": 781.924743, "relative_strength": 14.533983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.874843, "energy": 49.838734, "activity_lines": [ 1294.499341, 1276.82055, 1184.03619, 1076.066901 ] }, { "date": "2026-06-05", "close": 12.51, "volume": 6184, "typical_volume": 492162.75, "trend": 920.945331, "fair_value": 777.687628, "relative_strength": -98.735226, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -42.728168, "energy": 41.40506, "activity_lines": [ 861.038669, 1050.69455, 1083.54319, 1015.968945 ] }, { "date": "2026-06-12", "close": 11.634399, "volume": 49311, "typical_volume": 471938.9, "trend": 897.863145, "fair_value": 773.620541, "relative_strength": -98.818248, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -54.239841, "energy": 72.736661, "activity_lines": [ 519.706133, 846.338075, 986.356847, 957.303723 ] }, { "date": "2026-06-19", "close": 10.73, "volume": 24559, "typical_volume": 448311.95, "trend": 874.623145, "fair_value": 769.488362, "relative_strength": -98.82966, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.268882, "energy": 85.920635, "activity_lines": [ 260.629838, 664.097632, 892.50516, 900.069327 ] }, { "date": "2026-06-26", "close": 9.87, "volume": 9545, "typical_volume": 442691.35, "trend": 851.625145, "fair_value": 765.354708, "relative_strength": -98.868838, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.952073, "energy": 91.928104, "activity_lines": [ 90.610878, 502.271916, 802.227568, 844.278801 ] }, { "date": "2026-07-03", "close": 9.7843, "volume": 16466, "typical_volume": 435768.8, "trend": 828.606621, "fair_value": 761.162748, "relative_strength": -98.880871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.745587, "energy": 89.039837, "activity_lines": [ 10.424687, 360.845526, 715.547195, 789.966489 ] }, { "date": "2026-07-10", "close": 10.3286, "volume": 371779, "typical_volume": 442635.95, "trend": 806.016241, "fair_value": 756.72665, "relative_strength": -98.771873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.630019, "energy": 88.94745, "activity_lines": [ 10.232307, 242.378202, 632.526592, 737.174358 ] }, { "date": "2026-07-17", "close": 11.32, "volume": 279569, "typical_volume": 444091.3, "trend": 784.048242, "fair_value": 752.279983, "relative_strength": -98.651415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.212929, "energy": 87.76367, "activity_lines": [ 10.51582, 149.336251, 553.413129, 685.903633 ] }, { "date": "2026-07-24", "close": 12.2121, "volume": 73943, "typical_volume": 386189.8, "trend": 761.210644, "fair_value": 747.720445, "relative_strength": -98.550411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.738041, "energy": 70.555259, "activity_lines": [ 11.11766, 78.977954, 478.260056, 636.107753 ] }, { "date": "2026-07-31", "close": 11.4971, "volume": 106324, "typical_volume": 293501.85, "trend": 738.487214, "fair_value": 743.070555, "relative_strength": -98.5656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.226482, "energy": 66.565942, "activity_lines": [ 11.38236, 32.829256, 407.738354, 587.739137 ] }, { "date": "2026-08-07", "close": 11.1273, "volume": 296932, "typical_volume": 264211.3, "trend": 715.491457, "fair_value": 738.275217, "relative_strength": -98.583636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.847337, "energy": 66.012384, "activity_lines": [ 11.41532, 11.091375, 342.596637, 540.812691 ] } ], "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." } } }