{ "ticker": { "uuid": "d879e138-5246-4be4-8877-a504052f51d4", "symbol": "KEX", "name": "Kirby Corporation", "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 55.444, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": -1.305, "architecture_energy": 4.555, "architecture_maturity": 26.172, "architecture_confidence": 67.762, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 57.82, "rotation_up": 28.85, "upward_expansion": 47.17, "deceleration": 67.61, "rotation_down": 28.52, "downward_expansion": 34.17 }, "activity_lines": [ 137.268667, 138.183818, 139.982524, 138.754301 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 131.29, "trend_reference": 135.876, "distance_from_trend": -0.033751, "trend_direction": "Improving", "fair_value": 108.667179, "distance_from_fair_value": 0.208184, "fair_value_direction": "Weakening", "relative_strength": -2.520254, "relative_strength_direction": "Weakening", "price_momentum": 0.072806, "excess_performance": -0.052819, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.033751, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.070969, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.208184, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.167856, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.025203, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.141577, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.072806, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.288298, "read": "Demand-led" } ], "volume": { "latest": 3193937, "relative_activity": 1.027786, "balance": 1.288298, "dry_up": 1.009196, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.067522, "annualized_volatility": 0.299119, "from_high_reference": -0.167417, "from_low_reference": 0.651135 }, "levels": { "trend_reference": 135.876, "fair_value_reference": 108.667179, "structural_low": 118.58, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.02806, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.038071, "regime_survival": 0.6, "best_return": 0.076057, "worst_return": -0.095548, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.04536, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.03475, "regime_survival": 0.0, "best_return": 0.091026, "worst_return": -0.065812, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.058177, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.009515, "regime_survival": 0.0, "best_return": 0.174574, "worst_return": -0.088712, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.269374, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.073976, "regime_survival": 0.0, "best_return": 0.49859, "worst_return": 0.040159, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-08-02", "tenure": "Established", "return": 0.250483, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-09-27", "tenure": "Developing", "return": 0.074226, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-12-06", "tenure": "Developing", "return": -0.034245, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.113325, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": 0.001982, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-05-16", "tenure": "Established", "return": 0.061116, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.030264, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.042075, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": 0.012909, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": -0.119895, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": 0.221291, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-07", "end": "2026-01-02", "tenure": "Developing", "return": 0.03948, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-06-05", "tenure": "Established", "return": 0.124173, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.084577, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 80.02, "volume": 1076129, "typical_volume": 1556150.2, "trend": 73.329333, "fair_value": 62.229103, "relative_strength": 5.379276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.034906, "energy": 80.196469, "activity_lines": [ 81.147333, 79.388364, 76.893714, 75.126774 ] }, { "date": "2023-08-25", "close": 81.92, "volume": 1428821, "typical_volume": 1551259.05, "trend": 73.852667, "fair_value": 62.475833, "relative_strength": 6.872547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.810112, "energy": 70.876953, "activity_lines": [ 81.567333, 80.115636, 77.585238, 75.681011 ] }, { "date": "2023-09-01", "close": 84.15, "volume": 1163570, "typical_volume": 1541752.45, "trend": 74.192, "fair_value": 62.749872, "relative_strength": 6.896168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.766941, "energy": 65.204946, "activity_lines": [ 82.422667, 81.114364, 78.421524, 76.345355 ] }, { "date": "2023-09-08", "close": 84.2, "volume": 1536112, "typical_volume": 1553021.1, "trend": 74.556333, "fair_value": 63.039744, "relative_strength": 8.124333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.274645, "energy": 59.356399, "activity_lines": [ 83.085333, 81.916727, 79.192714, 76.991032 ] }, { "date": "2023-09-15", "close": 84.99, "volume": 2663931, "typical_volume": 1563413.0, "trend": 74.953667, "fair_value": 63.330192, "relative_strength": 9.069222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.535412, "energy": 60.29372, "activity_lines": [ 83.870667, 82.730909, 79.962571, 77.664172 ] }, { "date": "2023-09-22", "close": 83.36, "volume": 2300391, "typical_volume": 1595007.4, "trend": 75.317667, "fair_value": 63.633974, "relative_strength": 9.840441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.926793, "energy": 54.936104, "activity_lines": [ 83.972, 83.088909, 80.514571, 78.206516 ] }, { "date": "2023-09-29", "close": 82.8, "volume": 1530305, "typical_volume": 1602524.05, "trend": 75.556333, "fair_value": 63.930641, "relative_strength": 9.603667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.322016, "energy": 50.445199, "activity_lines": [ 83.664, 83.199455, 80.959619, 78.689247 ] }, { "date": "2023-10-06", "close": 81.21, "volume": 1846228, "typical_volume": 1620000.45, "trend": 75.908667, "fair_value": 64.204359, "relative_strength": 6.921626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.101955, "energy": 37.35995, "activity_lines": [ 82.767333, 82.920909, 81.192571, 79.054 ] }, { "date": "2023-10-13", "close": 81.75, "volume": 1040604, "typical_volume": 1596914.9, "trend": 76.465333, "fair_value": 64.476474, "relative_strength": 7.068135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.756285, "energy": 26.732158, "activity_lines": [ 82.246667, 82.736909, 81.432048, 79.43086 ] }, { "date": "2023-10-20", "close": 81.57, "volume": 1720720, "typical_volume": 1622554.15, "trend": 76.961, "fair_value": 64.752628, "relative_strength": 9.381239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.710045, "energy": 20.104493, "activity_lines": [ 81.829333, 82.526364, 81.614095, 79.760194 ] }, { "date": "2023-10-27", "close": 74.7, "volume": 2243583, "typical_volume": 1652500.6, "trend": 77.127667, "fair_value": 64.984744, "relative_strength": 2.677875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.556045, "energy": 20.45892, "activity_lines": [ 79.35, 81.090545, 81.108762, 79.614323 ] }, { "date": "2023-11-03", "close": 78.13, "volume": 1986385, "typical_volume": 1653314.9, "trend": 77.474667, "fair_value": 65.240449, "relative_strength": 1.535258, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.159443, "energy": 18.975584, "activity_lines": [ 78.591333, 80.375091, 80.931381, 79.678989 ] }, { "date": "2023-11-10", "close": 76.55, "volume": 2003807, "typical_volume": 1699836.55, "trend": 77.710333, "fair_value": 65.442179, "relative_strength": -1.866973, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.791479, "energy": 31.913843, "activity_lines": [ 77.617333, 79.441273, 80.586476, 79.619333 ] }, { "date": "2023-11-17", "close": 77.54, "volume": 1658381, "typical_volume": 1695960.75, "trend": 78.024333, "fair_value": 65.632372, "relative_strength": -2.792613, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.992833, "energy": 34.174373, "activity_lines": [ 77.284, 78.825636, 80.318238, 79.608344 ] }, { "date": "2023-11-24", "close": 77.35, "volume": 949836, "typical_volume": 1687269.55, "trend": 78.208, "fair_value": 65.791731, "relative_strength": -3.911471, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.93304, "energy": 41.666606, "activity_lines": [ 77.168, 78.296545, 80.029095, 79.564839 ] }, { "date": "2023-12-01", "close": 77.22, "volume": 2089713, "typical_volume": 1701705.6, "trend": 78.378667, "fair_value": 65.929103, "relative_strength": -4.770768, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.031222, "energy": 30.795282, "activity_lines": [ 77.29, 77.882727, 79.722095, 79.501097 ] }, { "date": "2023-12-08", "close": 73.15, "volume": 2414435, "typical_volume": 1754947.05, "trend": 78.481667, "fair_value": 66.048718, "relative_strength": -9.946695, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.694592, "energy": 44.304982, "activity_lines": [ 75.887333, 76.840545, 79.018571, 79.163763 ] }, { "date": "2023-12-15", "close": 77.33, "volume": 2816088, "typical_volume": 1784018.95, "trend": 78.666667, "fair_value": 66.223205, "relative_strength": -7.009398, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.171663, "energy": 27.806744, "activity_lines": [ 76.21, 76.733818, 78.732905, 79.089462 ] }, { "date": "2023-12-22", "close": 80.92, "volume": 1923377, "typical_volume": 1805370.15, "trend": 78.921, "fair_value": 66.412244, "relative_strength": -3.580463, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 0.580277, "energy": 8.897572, "activity_lines": [ 77.677333, 77.350364, 78.806667, 79.234839 ] }, { "date": "2023-12-29", "close": 78.48, "volume": 1069862, "typical_volume": 1773113.9, "trend": 79.049667, "fair_value": 66.583077, "relative_strength": -6.756436, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.325878, "energy": 8.312161, "activity_lines": [ 78.106, 77.538364, 78.653619, 79.206387 ] }, { "date": "2024-01-05", "close": 78.39, "volume": 1775425, "typical_volume": 1808078.7, "trend": 79.163667, "fair_value": 66.724231, "relative_strength": -5.39577, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.019179, "energy": 9.938657, "activity_lines": [ 78.429333, 77.766182, 78.512952, 79.163828 ] }, { "date": "2024-01-12", "close": 76.68, "volume": 2053909, "typical_volume": 1839333.1, "trend": 79.234667, "fair_value": 66.856154, "relative_strength": -9.152985, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.725383, "energy": 20.081815, "activity_lines": [ 78.104667, 77.616, 78.21719, 79.003591 ] }, { "date": "2024-01-19", "close": 77.87, "volume": 1059364, "typical_volume": 1834122.8, "trend": 79.402, "fair_value": 67.016795, "relative_strength": -8.821801, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.556373, "energy": 14.409147, "activity_lines": [ 77.941333, 77.708545, 78.059714, 78.915548 ] }, { "date": "2024-01-26", "close": 79.83, "volume": 1056901, "typical_volume": 1810162.25, "trend": 79.498, "fair_value": 67.203141, "relative_strength": -7.4623, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.857662, "energy": 6.430802, "activity_lines": [ 78.395333, 78.133455, 78.11881, 78.943161 ] }, { "date": "2024-02-02", "close": 83.76, "volume": 2719481, "typical_volume": 1812939.75, "trend": 79.75, "fair_value": 67.380577, "relative_strength": -4.137501, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.998089, "energy": 25.459345, "activity_lines": [ 80.232, 79.231273, 78.573, 79.218129 ] }, { "date": "2024-02-09", "close": 85.02, "volume": 2038579, "typical_volume": 1799849.15, "trend": 80.072333, "fair_value": 67.5375, "relative_strength": -3.892712, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.453764, "energy": 50.044525, "activity_lines": [ 82.136667, 80.441636, 79.153048, 79.558129 ] }, { "date": "2024-02-16", "close": 85.55, "volume": 2307309, "typical_volume": 1838699.35, "trend": 80.347333, "fair_value": 67.695, "relative_strength": -2.85106, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.811393, "energy": 59.33665, "activity_lines": [ 83.776, 81.606545, 79.775667, 79.911527 ] }, { "date": "2024-02-23", "close": 87.92, "volume": 1146695, "typical_volume": 1803722.7, "trend": 80.577667, "fair_value": 67.857564, "relative_strength": -1.665998, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.239406, "energy": 70.732141, "activity_lines": [ 85.614, 82.976909, 80.610905, 80.400086 ] }, { "date": "2024-03-01", "close": 87.74, "volume": 1710335, "typical_volume": 1837209.25, "trend": 80.766, "fair_value": 68.003654, "relative_strength": -2.622795, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.164494, "energy": 80.069854, "activity_lines": [ 86.722, 84.122, 81.397048, 80.862172 ] }, { "date": "2024-03-08", "close": 87.95, "volume": 1552805, "typical_volume": 1828813.5, "trend": 80.935, "fair_value": 68.126218, "relative_strength": -2.02427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.23853, "energy": 80.602451, "activity_lines": [ 87.372667, 85.181273, 82.174667, 81.325656 ] }, { "date": "2024-03-15", "close": 88.41, "volume": 1965296, "typical_volume": 1814899.15, "trend": 81.214667, "fair_value": 68.270897, "relative_strength": -1.500026, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.111256, "energy": 80.587042, "activity_lines": [ 87.897333, 86.152, 82.965714, 81.807914 ] }, { "date": "2024-03-22", "close": 92.89, "volume": 1894065, "typical_volume": 1810283.15, "trend": 81.580333, "fair_value": 68.462885, "relative_strength": 1.151836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.438671, "energy": 89.737931, "activity_lines": [ 89.689333, 87.755091, 84.118143, 82.561161 ] }, { "date": "2024-03-29", "close": 95.32, "volume": 2383294, "typical_volume": 1829257.5, "trend": 81.952667, "fair_value": 68.687821, "relative_strength": 3.32175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.478267, "energy": 93.529971, "activity_lines": [ 91.802, 89.505273, 85.431714, 83.447591 ] }, { "date": "2024-04-05", "close": 98.84, "volume": 1878255, "typical_volume": 1840251.2, "trend": 82.440667, "fair_value": 68.923269, "relative_strength": 7.828727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.587751, "energy": 95.45858, "activity_lines": [ 94.594667, 91.578182, 86.991143, 84.537097 ] }, { "date": "2024-04-12", "close": 97.91, "volume": 2123331, "typical_volume": 1898925.95, "trend": 82.871333, "fair_value": 69.152372, "relative_strength": 8.154918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.716643, "energy": 91.88014, "activity_lines": [ 96.337333, 93.136364, 88.360571, 85.535118 ] }, { "date": "2024-04-19", "close": 95.81, "volume": 1612207, "typical_volume": 1875050.65, "trend": 83.286333, "fair_value": 69.370833, "relative_strength": 8.883591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.881693, "energy": 84.895445, "activity_lines": [ 96.716, 94.055455, 89.432095, 86.369871 ] }, { "date": "2024-04-26", "close": 112.0, "volume": 4537463, "typical_volume": 1981202.05, "trend": 84.259667, "fair_value": 69.680449, "relative_strength": 23.3996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.754985, "energy": 88.811501, "activity_lines": [ 101.998, 97.722, 91.957, 88.222366 ] }, { "date": "2024-05-03", "close": 110.52, "volume": 2614619, "typical_volume": 1971128.6, "trend": 85.236667, "fair_value": 69.956731, "relative_strength": 20.542611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.846764, "energy": 90.070291, "activity_lines": [ 105.512667, 100.638545, 94.155952, 89.916581 ] }, { "date": "2024-05-10", "close": 114.97, "volume": 2145275, "typical_volume": 1982223.5, "trend": 86.344, "fair_value": 70.247949, "relative_strength": 22.465971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.674392, "energy": 92.19844, "activity_lines": [ 109.497333, 103.953273, 96.620667, 91.83486 ] }, { "date": "2024-05-17", "close": 117.57, "volume": 2180198, "typical_volume": 2037740.3, "trend": 87.544, "fair_value": 70.579551, "relative_strength": 22.569945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.557615, "energy": 94.809207, "activity_lines": [ 113.273333, 107.245636, 99.170857, 93.849441 ] }, { "date": "2024-05-24", "close": 122.39, "volume": 2634666, "typical_volume": 2080702.35, "trend": 89.133667, "fair_value": 70.945321, "relative_strength": 26.868312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.196608, "energy": 95.487591, "activity_lines": [ 117.345333, 110.875818, 101.993952, 96.09757 ] }, { "date": "2024-05-31", "close": 124.17, "volume": 1739437, "typical_volume": 2064978.75, "trend": 90.668333, "fair_value": 71.304744, "relative_strength": 28.425301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.905518, "energy": 93.849182, "activity_lines": [ 120.238667, 114.211818, 104.777048, 98.357978 ] }, { "date": "2024-06-07", "close": 118.61, "volume": 2347061, "typical_volume": 2129363.6, "trend": 92.070333, "fair_value": 71.636346, "relative_strength": 20.57794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.363903, "energy": 71.595933, "activity_lines": [ 120.467333, 115.968182, 106.804476, 100.160667 ] }, { "date": "2024-06-14", "close": 116.11, "volume": 1879699, "typical_volume": 2170503.5, "trend": 93.356, "fair_value": 71.985192, "relative_strength": 15.616957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.502974, "energy": 66.716393, "activity_lines": [ 119.323333, 116.846545, 108.39981, 101.711613 ] }, { "date": "2024-06-21", "close": 117.8, "volume": 3208080, "typical_volume": 2194933.45, "trend": 94.704333, "fair_value": 72.333397, "relative_strength": 16.000009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.990924, "energy": 63.521472, "activity_lines": [ 118.666667, 117.718182, 109.983333, 103.288645 ] }, { "date": "2024-06-28", "close": 119.73, "volume": 3065250, "typical_volume": 2246267.0, "trend": 96.121333, "fair_value": 72.709872, "relative_strength": 17.430935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.698642, "energy": 60.720052, "activity_lines": [ 118.638, 118.579091, 111.588571, 104.903204 ] }, { "date": "2024-07-05", "close": 120.1, "volume": 1438435, "typical_volume": 2202823.3, "trend": 97.686333, "fair_value": 73.092885, "relative_strength": 15.104231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.788803, "energy": 55.945961, "activity_lines": [ 118.91, 119.072364, 113.063762, 106.450215 ] }, { "date": "2024-07-12", "close": 121.08, "volume": 1408329, "typical_volume": 2215905.0, "trend": 99.144667, "fair_value": 73.501795, "relative_strength": 14.395177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.254888, "energy": 59.317387, "activity_lines": [ 119.78, 119.596545, 114.467762, 107.959484 ] }, { "date": "2024-07-19", "close": 122.94, "volume": 3633834, "typical_volume": 2312079.95, "trend": 100.545333, "fair_value": 73.910321, "relative_strength": 17.87315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.153943, "energy": 59.14633, "activity_lines": [ 121.105333, 120.266909, 115.891, 109.494667 ] }, { "date": "2024-07-26", "close": 119.44, "volume": 2657733, "typical_volume": 2367326.35, "trend": 101.910667, "fair_value": 74.304744, "relative_strength": 15.01351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.511279, "energy": 55.664543, "activity_lines": [ 120.808667, 120.156, 116.813286, 110.713677 ] }, { "date": "2024-08-02", "close": 109.98, "volume": 3685206, "typical_volume": 2453321.85, "trend": 102.963667, "fair_value": 74.640128, "relative_strength": 7.978956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.849967, "energy": 30.914099, "activity_lines": [ 117.249333, 118.291091, 116.684667, 111.23428 ] }, { "date": "2024-08-09", "close": 116.67, "volume": 3176586, "typical_volume": 2517447.9, "trend": 104.296667, "fair_value": 75.017756, "relative_strength": 14.179726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.158518, "energy": 22.611775, "activity_lines": [ 116.57, 117.868182, 117.090476, 112.118559 ] }, { "date": "2024-08-16", "close": 119.48, "volume": 2016559, "typical_volume": 2499111.15, "trend": 105.683667, "fair_value": 75.446026, "relative_strength": 12.098996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.806164, "energy": 21.493893, "activity_lines": [ 117.056, 118.092545, 117.650667, 113.098129 ] }, { "date": "2024-08-23", "close": 119.03, "volume": 1863660, "typical_volume": 2498381.4, "trend": 106.990333, "fair_value": 75.852372, "relative_strength": 9.871196, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.043139, "energy": 19.489626, "activity_lines": [ 117.498667, 118.219273, 118.052952, 113.959183 ] }, { "date": "2024-08-30", "close": 119.92, "volume": 1598503, "typical_volume": 2472140.0, "trend": 108.195667, "fair_value": 76.280128, "relative_strength": 10.128827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.237762, "energy": 30.652482, "activity_lines": [ 118.498667, 118.454727, 118.443857, 114.793355 ] }, { "date": "2024-09-06", "close": 114.52, "volume": 2098998, "typical_volume": 2496479.55, "trend": 109.179, "fair_value": 76.684679, "relative_strength": 9.487408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.220055, "energy": 17.626921, "activity_lines": [ 117.666667, 117.669818, 118.215667, 115.201376 ] }, { "date": "2024-09-13", "close": 119.03, "volume": 1852069, "typical_volume": 2362209.85, "trend": 110.295, "fair_value": 77.118846, "relative_strength": 9.219013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.868498, "energy": 21.000286, "activity_lines": [ 118.035333, 117.799636, 118.327905, 115.836925 ] }, { "date": "2024-09-20", "close": 124.5, "volume": 3197454, "typical_volume": 2391351.6, "trend": 111.514333, "fair_value": 77.595, "relative_strength": 12.384405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.745209, "energy": 33.219055, "activity_lines": [ 120.07, 118.943455, 118.927619, 116.753376 ] }, { "date": "2024-09-27", "close": 125.33, "volume": 2015863, "typical_volume": 2384881.0, "trend": 112.767333, "fair_value": 78.085769, "relative_strength": 12.241606, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.28192, "energy": 38.710334, "activity_lines": [ 122.046667, 120.176, 119.53981, 117.64471 ] }, { "date": "2024-10-04", "close": 123.23, "volume": 1922213, "typical_volume": 2371981.75, "trend": 113.943333, "fair_value": 78.542372, "relative_strength": 9.816703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.949295, "energy": 44.29595, "activity_lines": [ 122.903333, 120.983273, 119.902667, 118.31972 ] }, { "date": "2024-10-11", "close": 125.02, "volume": 1522211, "typical_volume": 2316359.0, "trend": 115.163667, "fair_value": 78.993654, "relative_strength": 9.887602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.288521, "energy": 52.344966, "activity_lines": [ 124.136, 122.047091, 120.409048, 119.034344 ] }, { "date": "2024-10-18", "close": 122.24, "volume": 1789842, "typical_volume": 2318879.25, "trend": 116.142, "fair_value": 79.413013, "relative_strength": 6.389749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.176772, "energy": 42.122723, "activity_lines": [ 123.742, 122.332, 120.638143, 119.490882 ] }, { "date": "2024-10-25", "close": 125.5, "volume": 1631847, "typical_volume": 2283118.55, "trend": 117.148, "fair_value": 79.881538, "relative_strength": 9.925718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.293376, "energy": 36.094929, "activity_lines": [ 124.220667, 123.108364, 121.186905, 120.094624 ] }, { "date": "2024-11-01", "close": 114.28, "volume": 4035355, "typical_volume": 2390901.35, "trend": 117.662667, "fair_value": 80.236731, "relative_strength": 1.323015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.516966, "energy": 9.424389, "activity_lines": [ 120.892667, 121.735273, 120.634286, 119.909591 ] }, { "date": "2024-11-08", "close": 127.29, "volume": 2210753, "typical_volume": 2341035.0, "trend": 118.642, "fair_value": 80.678846, "relative_strength": 7.352081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.429198, "energy": 22.924491, "activity_lines": [ 122.638, 122.814, 121.329429, 120.53071 ] }, { "date": "2024-11-15", "close": 128.04, "volume": 2053127, "typical_volume": 2290428.85, "trend": 119.716333, "fair_value": 81.148782, "relative_strength": 9.80655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.461209, "energy": 31.482796, "activity_lines": [ 124.362667, 123.895091, 122.05081, 121.137032 ] }, { "date": "2024-11-22", "close": 128.3, "volume": 2062822, "typical_volume": 2321648.2, "trend": 120.259667, "fair_value": 81.624551, "relative_strength": 7.775878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.889766, "energy": 33.655185, "activity_lines": [ 125.972667, 124.777636, 122.757381, 121.690817 ] }, { "date": "2024-11-29", "close": 126.51, "volume": 1598166, "typical_volume": 2331140.05, "trend": 120.792667, "fair_value": 82.087051, "relative_strength": 4.633192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.935105, "energy": 51.257262, "activity_lines": [ 126.582, 125.166182, 123.254429, 122.094065 ] }, { "date": "2024-12-06", "close": 119.01, "volume": 2414399, "typical_volume": 2270168.3, "trend": 120.927333, "fair_value": 82.478462, "relative_strength": -2.745047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.463324, "energy": 23.323934, "activity_lines": [ 124.624, 124.154545, 123.011333, 121.979054 ] }, { "date": "2024-12-13", "close": 117.45, "volume": 2115926, "typical_volume": 2243077.95, "trend": 120.923333, "fair_value": 82.856282, "relative_strength": -3.706111, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.687753, "energy": 8.822544, "activity_lines": [ 121.830667, 122.974182, 122.638381, 121.75471 ] }, { "date": "2024-12-20", "close": 104.14, "volume": 5876001, "typical_volume": 2352617.7, "trend": 120.315, "fair_value": 83.141154, "relative_strength": -13.047364, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.242507, "energy": 45.08393, "activity_lines": [ 115.256667, 119.478909, 121.007286, 120.671914 ] }, { "date": "2024-12-27", "close": 105.98, "volume": 1759498, "typical_volume": 2281763.3, "trend": 119.708667, "fair_value": 83.439615, "relative_strength": -12.175835, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.288521, "energy": 66.546959, "activity_lines": [ 110.889333, 116.697818, 119.579238, 119.747075 ] }, { "date": "2025-01-03", "close": 106.19, "volume": 2373453, "typical_volume": 2299608.0, "trend": 119.294667, "fair_value": 83.712244, "relative_strength": -11.628319, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.000637, "energy": 80.75717, "activity_lines": [ 108.08, 114.250545, 118.222095, 118.874903 ] }, { "date": "2025-01-10", "close": 103.9, "volume": 2664709, "typical_volume": 2339660.45, "trend": 118.887667, "fair_value": 83.949231, "relative_strength": -11.961026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.120009, "energy": 83.309603, "activity_lines": [ 105.862, 111.738, 116.710143, 117.881699 ] }, { "date": "2025-01-17", "close": 111.94, "volume": 3359853, "typical_volume": 2427727.95, "trend": 118.692333, "fair_value": 84.266731, "relative_strength": -8.06834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.58899, "energy": 68.400597, "activity_lines": [ 107.331333, 110.876, 116.035952, 117.433462 ] }, { "date": "2025-01-24", "close": 109.09, "volume": 2169067, "typical_volume": 2431231.4, "trend": 118.337667, "fair_value": 84.543013, "relative_strength": -12.052476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.921197, "energy": 45.482621, "activity_lines": [ 108.218, 109.774909, 115.128333, 116.813957 ] }, { "date": "2025-01-31", "close": 109.15, "volume": 5839833, "typical_volume": 2630619.6, "trend": 117.972667, "fair_value": 84.825577, "relative_strength": -11.186582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.247542, "energy": 39.010504, "activity_lines": [ 108.794667, 109.029273, 114.252286, 116.221204 ] }, { "date": "2025-02-07", "close": 106.32, "volume": 2995592, "typical_volume": 2620526.5, "trend": 117.480667, "fair_value": 85.100513, "relative_strength": -13.380241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.971, "energy": 36.304101, "activity_lines": [ 108.216667, 108.117273, 113.153762, 115.469419 ] }, { "date": "2025-02-14", "close": 108.41, "volume": 2303704, "typical_volume": 2634918.55, "trend": 116.996333, "fair_value": 85.367051, "relative_strength": -13.006706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.194602, "energy": 34.337609, "activity_lines": [ 108.326667, 107.952364, 112.340857, 114.884215 ] }, { "date": "2025-02-21", "close": 102.84, "volume": 2421967, "typical_volume": 2659906.25, "trend": 116.443, "fair_value": 85.612179, "relative_strength": -16.102845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.974813, "energy": 48.323208, "activity_lines": [ 106.279333, 106.967455, 111.078048, 113.970903 ] }, { "date": "2025-02-28", "close": 104.22, "volume": 3207171, "typical_volume": 2744154.25, "trend": 116.251, "fair_value": 85.832564, "relative_strength": -14.169993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.910723, "energy": 54.597, "activity_lines": [ 105.298667, 106.499091, 110.043762, 113.182323 ] }, { "date": "2025-03-07", "close": 97.13, "volume": 3059213, "typical_volume": 2807622.8, "trend": 115.599667, "fair_value": 85.989872, "relative_strength": -17.430626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.045707, "energy": 69.425947, "activity_lines": [ 102.279333, 104.740182, 108.433286, 111.94871 ] }, { "date": "2025-03-14", "close": 99.03, "volume": 3018419, "typical_volume": 2876951.4, "trend": 114.918, "fair_value": 86.171474, "relative_strength": -13.861534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.638876, "energy": 71.070801, "activity_lines": [ 100.694667, 103.487636, 107.123333, 110.879699 ] }, { "date": "2025-03-21", "close": 101.33, "volume": 2803422, "typical_volume": 2815354.75, "trend": 114.328, "fair_value": 86.349359, "relative_strength": -12.300738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.675063, "energy": 69.550013, "activity_lines": [ 100.362667, 102.783455, 106.158476, 110.003054 ] }, { "date": "2025-03-28", "close": 100.61, "volume": 2816109, "typical_volume": 2845622.55, "trend": 113.684333, "fair_value": 86.540064, "relative_strength": -11.59119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.749126, "energy": 60.362812, "activity_lines": [ 100.262667, 101.995091, 105.186714, 109.118022 ] }, { "date": "2025-04-04", "close": 89.17, "volume": 3374092, "typical_volume": 2911670.8, "trend": 112.839333, "fair_value": 86.688269, "relative_strength": -13.696679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.911375, "energy": 61.65076, "activity_lines": [ 96.498, 99.332727, 103.252476, 107.536452 ] }, { "date": "2025-04-11", "close": 96.61, "volume": 3645445, "typical_volume": 2990801.95, "trend": 112.092, "fair_value": 86.880833, "relative_strength": -11.40522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.056066, "energy": 47.953335, "activity_lines": [ 96.216667, 98.385273, 102.211905, 106.489398 ] }, { "date": "2025-04-18", "close": 95.33, "volume": 1901866, "typical_volume": 3005986.95, "trend": 111.119667, "fair_value": 87.072115, "relative_strength": -11.204315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.364645, "energy": 49.615954, "activity_lines": [ 95.543333, 97.433091, 101.200333, 105.407978 ] }, { "date": "2025-04-25", "close": 96.78, "volume": 1764865, "typical_volume": 2973510.25, "trend": 110.168, "fair_value": 87.274551, "relative_strength": -13.433551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.395385, "energy": 46.532314, "activity_lines": [ 95.6, 96.944364, 100.475333, 104.482839 ] }, { "date": "2025-05-02", "close": 104.48, "volume": 3905454, "typical_volume": 3062986.65, "trend": 109.543, "fair_value": 87.525705, "relative_strength": -8.906047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.008874, "energy": 25.474717, "activity_lines": [ 98.526667, 98.067091, 100.589524, 104.115871 ] }, { "date": "2025-05-09", "close": 103.85, "volume": 2057957, "typical_volume": 2872084.45, "trend": 108.837333, "fair_value": 87.787564, "relative_strength": -8.72426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.103407, "energy": 17.446174, "activity_lines": [ 100.985333, 99.045455, 100.705476, 103.748581 ] }, { "date": "2025-05-16", "close": 110.25, "volume": 2608791, "typical_volume": 2914549.1, "trend": 108.437667, "fair_value": 88.09109, "relative_strength": -7.62207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.296315, "energy": 15.180766, "activity_lines": [ 104.598667, 101.194182, 101.432333, 103.83972 ] }, { "date": "2025-05-23", "close": 107.39, "volume": 2492566, "typical_volume": 2920504.75, "trend": 107.834, "fair_value": 88.341218, "relative_strength": -7.241591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.106855, "energy": 19.581503, "activity_lines": [ 106.349333, 102.584364, 101.866476, 103.772129 ] }, { "date": "2025-05-30", "close": 110.64, "volume": 2759413, "typical_volume": 2925239.95, "trend": 107.712667, "fair_value": 88.610321, "relative_strength": -5.640848, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.353249, "energy": 31.100609, "activity_lines": [ 108.379333, 104.413455, 102.604429, 103.953161 ] }, { "date": "2025-06-06", "close": 112.18, "volume": 2510569, "typical_volume": 2882775.75, "trend": 107.209, "fair_value": 88.893462, "relative_strength": -5.540166, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.820801, "energy": 45.80536, "activity_lines": [ 109.998667, 106.353273, 103.456952, 104.241376 ] }, { "date": "2025-06-13", "close": 110.83, "volume": 1778777, "typical_volume": 2863261.25, "trend": 106.635333, "fair_value": 89.239231, "relative_strength": -6.059972, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.362914, "energy": 46.301419, "activity_lines": [ 110.654667, 107.837273, 104.179762, 104.474989 ] }, { "date": "2025-06-20", "close": 112.19, "volume": 2174129, "typical_volume": 2679976.05, "trend": 106.098333, "fair_value": 89.570962, "relative_strength": -4.473919, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.071214, "energy": 46.672638, "activity_lines": [ 111.298667, 109.174727, 105.02381, 104.833355 ] }, { "date": "2025-06-27", "close": 114.99, "volume": 3297334, "typical_volume": 2695063.15, "trend": 105.714333, "fair_value": 89.918526, "relative_strength": -5.044483, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.419562, "energy": 49.249466, "activity_lines": [ 112.746667, 110.738, 106.120048, 105.407011 ] }, { "date": "2025-07-04", "close": 116.9, "volume": 2425188, "typical_volume": 2701137.35, "trend": 105.644, "fair_value": 90.289872, "relative_strength": -4.777086, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.994304, "energy": 69.095373, "activity_lines": [ 114.324667, 112.291091, 107.356905, 106.128667 ] }, { "date": "2025-07-11", "close": 116.97, "volume": 2091658, "typical_volume": 2684621.9, "trend": 105.628, "fair_value": 90.669487, "relative_strength": -4.163072, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.382463, "energy": 76.400694, "activity_lines": [ 115.508667, 113.491091, 108.56, 106.859376 ] }, { "date": "2025-07-18", "close": 115.84, "volume": 2437096, "typical_volume": 2646118.15, "trend": 106.018, "fair_value": 91.019872, "relative_strength": -5.295672, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.466485, "energy": 73.195835, "activity_lines": [ 115.996667, 114.258545, 109.58819, 107.518215 ] }, { "date": "2025-07-25", "close": 118.48, "volume": 1901323, "typical_volume": 2588223.65, "trend": 106.434667, "fair_value": 91.372692, "relative_strength": -4.243297, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.486274, "energy": 76.856386, "activity_lines": [ 117.030667, 115.288, 110.812476, 108.322215 ] }, { "date": "2025-08-01", "close": 95.5, "volume": 7494120, "typical_volume": 2812008.7, "trend": 106.078333, "fair_value": 91.58, "relative_strength": -20.470802, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 9.356566, "energy": 10.167692, "activity_lines": [ 109.985333, 111.989636, 109.746524, 107.616753 ] }, { "date": "2025-08-08", "close": 99.62, "volume": 4503233, "typical_volume": 2896999.25, "trend": 105.935667, "fair_value": 91.783974, "relative_strength": -18.523172, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.93737, "energy": 24.036444, "activity_lines": [ 105.612667, 109.656545, 109.089762, 107.200086 ] }, { "date": "2025-08-15", "close": 96.5, "volume": 3437597, "typical_volume": 2928073.65, "trend": 105.421, "fair_value": 91.965641, "relative_strength": -21.304535, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.270115, "energy": 41.950129, "activity_lines": [ 101.352, 106.956545, 108.144, 106.591333 ] }, { "date": "2025-08-22", "close": 100.47, "volume": 2681910, "typical_volume": 2893464.55, "trend": 105.133667, "fair_value": 92.167949, "relative_strength": -17.817762, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.577324, "energy": 41.814467, "activity_lines": [ 99.779333, 105.263455, 107.595905, 106.271914 ] }, { "date": "2025-08-29", "close": 97.2, "volume": 3094688, "typical_volume": 2865926.7, "trend": 104.735333, "fair_value": 92.362308, "relative_strength": -19.934644, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.094074, "energy": 61.046268, "activity_lines": [ 98.141333, 103.164182, 106.682571, 105.760065 ] }, { "date": "2025-09-05", "close": 89.08, "volume": 6088461, "typical_volume": 3075256.45, "trend": 104.160667, "fair_value": 92.491026, "relative_strength": -26.292069, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.992594, "energy": 69.558813, "activity_lines": [ 95.215333, 99.861091, 104.993095, 104.750043 ] }, { "date": "2025-09-12", "close": 86.07, "volume": 6344281, "typical_volume": 3304227.25, "trend": 103.416, "fair_value": 92.618846, "relative_strength": -29.276151, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.900831, "energy": 75.184362, "activity_lines": [ 91.714, 96.481818, 103.046714, 103.582903 ] }, { "date": "2025-09-19", "close": 84.05, "volume": 6344019, "typical_volume": 3426155.5, "trend": 102.789667, "fair_value": 92.776667, "relative_strength": -31.099868, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.661675, "energy": 88.519769, "activity_lines": [ 88.442667, 93.295818, 100.958952, 102.333484 ] }, { "date": "2025-09-26", "close": 84.73, "volume": 5853888, "typical_volume": 3615952.05, "trend": 102.14, "fair_value": 92.930256, "relative_strength": -29.653701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.709234, "energy": 86.90327, "activity_lines": [ 86.228, 90.832, 99.033238, 101.168344 ] }, { "date": "2025-10-03", "close": 82.97, "volume": 3846092, "typical_volume": 3677817.1, "trend": 101.668, "fair_value": 93.041474, "relative_strength": -31.194436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.132075, "energy": 87.89439, "activity_lines": [ 84.476, 88.613818, 97.030952, 99.93157 ] }, { "date": "2025-10-10", "close": 79.95, "volume": 4064905, "typical_volume": 3756434.05, "trend": 101.032, "fair_value": 93.14109, "relative_strength": -31.352587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.934356, "energy": 86.711632, "activity_lines": [ 82.666, 86.492182, 94.870952, 98.530409 ] }, { "date": "2025-10-17", "close": 85.56, "volume": 5799039, "typical_volume": 3908415.35, "trend": 100.506333, "fair_value": 93.245321, "relative_strength": -27.141981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.863585, "energy": 61.463606, "activity_lines": [ 83.334667, 85.673273, 93.375905, 97.532215 ] }, { "date": "2025-10-24", "close": 86.87, "volume": 3558692, "typical_volume": 3960821.5, "trend": 100.048333, "fair_value": 93.367692, "relative_strength": -26.704686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.77207, "energy": 54.806424, "activity_lines": [ 84.474, 85.348182, 92.125048, 96.652452 ] }, { "date": "2025-10-31", "close": 103.48, "volume": 8797347, "typical_volume": 4311750.0, "trend": 100.525333, "fair_value": 93.588141, "relative_strength": -12.818976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.541567, "energy": 21.461555, "activity_lines": [ 90.962, 88.218182, 92.576619, 96.873849 ] }, { "date": "2025-11-07", "close": 107.65, "volume": 3953077, "typical_volume": 4400697.4, "trend": 100.893333, "fair_value": 93.844231, "relative_strength": -7.243736, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 5.51364, "energy": 27.981632, "activity_lines": [ 97.59, 91.791636, 93.460333, 97.333505 ] }, { "date": "2025-11-14", "close": 108.64, "volume": 4115346, "typical_volume": 4441598.0, "trend": 101.337, "fair_value": 94.098974, "relative_strength": -5.901389, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.884472, "energy": 48.260466, "activity_lines": [ 102.902667, 95.355091, 94.459952, 97.83329 ] }, { "date": "2025-11-21", "close": 107.66, "volume": 3248190, "typical_volume": 4482748.1, "trend": 101.699667, "fair_value": 94.338397, "relative_strength": -4.339354, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.532576, "energy": 50.978905, "activity_lines": [ 105.976, 98.384727, 95.396476, 98.241226 ] }, { "date": "2025-11-28", "close": 113.52, "volume": 2559495, "typical_volume": 4506139.95, "trend": 102.001, "fair_value": 94.610385, "relative_strength": -2.217207, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.478044, "energy": 72.034881, "activity_lines": [ 109.529333, 102.087273, 96.935095, 99.003828 ] }, { "date": "2025-12-05", "close": 112.92, "volume": 3667870, "typical_volume": 4567678.65, "trend": 102.303333, "fair_value": 94.924872, "relative_strength": -2.691362, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.563584, "energy": 74.903098, "activity_lines": [ 111.106, 105.144909, 98.433, 99.70828 ] }, { "date": "2025-12-12", "close": 111.01, "volume": 3293742, "typical_volume": 4637299.6, "trend": 102.328667, "fair_value": 95.232756, "relative_strength": -3.413666, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.657204, "energy": 65.530212, "activity_lines": [ 111.416667, 107.342727, 99.762905, 100.27 ] }, { "date": "2025-12-19", "close": 110.94, "volume": 4372030, "typical_volume": 4481195.1, "trend": 102.447, "fair_value": 95.531026, "relative_strength": -3.423797, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.682786, "energy": 49.158836, "activity_lines": [ 111.48, 109.018, 101.121714, 100.82557 ] }, { "date": "2025-12-26", "close": 110.89, "volume": 1533670, "typical_volume": 4332716.95, "trend": 102.455333, "fair_value": 95.829359, "relative_strength": -4.613963, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.956694, "energy": 44.754555, "activity_lines": [ 111.373333, 110.120727, 102.402238, 101.37028 ] }, { "date": "2026-01-02", "close": 111.9, "volume": 1577584, "typical_volume": 4239716.3, "trend": 102.446, "fair_value": 96.136987, "relative_strength": -2.54226, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.600651, "energy": 41.526029, "activity_lines": [ 111.388, 110.946545, 103.725286, 101.979613 ] }, { "date": "2026-01-09", "close": 125.47, "volume": 5345065, "typical_volume": 4372874.05, "trend": 102.934, "fair_value": 96.534744, "relative_strength": 7.564007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.670126, "energy": 65.536191, "activity_lines": [ 116.034, 113.784545, 106.267381, 103.465032 ] }, { "date": "2026-01-16", "close": 125.88, "volume": 5130949, "typical_volume": 4474687.1, "trend": 103.390333, "fair_value": 96.932949, "relative_strength": 8.384759, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.583063, "energy": 87.376777, "activity_lines": [ 119.98, 116.297273, 108.729476, 104.945419 ] }, { "date": "2026-01-23", "close": 128.7, "volume": 2374656, "typical_volume": 4288996.85, "trend": 103.847333, "fair_value": 97.333462, "relative_strength": 11.13738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.36737, "energy": 90.274465, "activity_lines": [ 123.874667, 118.991273, 111.323571, 106.578301 ] }, { "date": "2026-01-30", "close": 117.66, "volume": 6069634, "typical_volume": 4275264.5, "trend": 103.872667, "fair_value": 97.613526, "relative_strength": 1.357675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.054212, "energy": 84.875794, "activity_lines": [ 122.905333, 119.313273, 112.677571, 107.469441 ] }, { "date": "2026-02-06", "close": 122.38, "volume": 3947079, "typical_volume": 4155417.5, "trend": 104.053, "fair_value": 97.928333, "relative_strength": 5.652084, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.048269, "energy": 76.120404, "activity_lines": [ 123.058, 120.311636, 114.330667, 108.663462 ] }, { "date": "2026-02-13", "close": 124.93, "volume": 3166874, "typical_volume": 4021066.8, "trend": 104.356, "fair_value": 98.260769, "relative_strength": 9.214717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.554238, "energy": 61.373707, "activity_lines": [ 123.362, 121.612545, 116.044095, 110.010366 ] }, { "date": "2026-02-20", "close": 130.94, "volume": 2046940, "typical_volume": 3931109.2, "trend": 104.771333, "fair_value": 98.635769, "relative_strength": 12.979894, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.725388, "energy": 63.464522, "activity_lines": [ 125.705333, 123.787818, 118.138476, 111.725462 ] }, { "date": "2026-02-27", "close": 129.8, "volume": 2149583, "typical_volume": 3835343.1, "trend": 105.914667, "fair_value": 98.982949, "relative_strength": 12.406654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.399033, "energy": 64.865436, "activity_lines": [ 127.331333, 125.393455, 119.895857, 113.340215 ] }, { "date": "2026-03-06", "close": 127.6, "volume": 2766901, "typical_volume": 3683736.2, "trend": 106.847333, "fair_value": 99.348077, "relative_strength": 12.492106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.714146, "energy": 59.273353, "activity_lines": [ 128.150667, 126.256182, 121.206333, 114.739269 ] }, { "date": "2026-03-13", "close": 124.95, "volume": 5324165, "typical_volume": 3772009.85, "trend": 107.795667, "fair_value": 99.732051, "relative_strength": 11.698526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.774991, "energy": 52.669471, "activity_lines": [ 127.424, 126.333273, 122.064238, 115.907183 ] }, { "date": "2026-03-20", "close": 130.52, "volume": 4507194, "typical_volume": 3557502.2, "trend": 108.797333, "fair_value": 100.141154, "relative_strength": 18.554176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.147955, "energy": 51.109835, "activity_lines": [ 128.382667, 127.185818, 123.271286, 117.373269 ] }, { "date": "2026-03-27", "close": 134.12, "volume": 3826066, "typical_volume": 3551151.65, "trend": 110.028, "fair_value": 100.554103, "relative_strength": 24.206821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.291847, "energy": 51.32393, "activity_lines": [ 130.168667, 128.601091, 124.692429, 119.006989 ] }, { "date": "2026-04-03", "close": 135.92, "volume": 2527188, "typical_volume": 3471743.75, "trend": 111.589333, "fair_value": 100.991282, "relative_strength": 21.307391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.660313, "energy": 52.507065, "activity_lines": [ 132.342667, 130.193818, 126.158952, 120.677441 ] }, { "date": "2026-04-10", "close": 140.38, "volume": 3515444, "typical_volume": 3485106.45, "trend": 113.399667, "fair_value": 101.445769, "relative_strength": 20.610401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.154257, "energy": 65.799945, "activity_lines": [ 135.595333, 132.466182, 127.920333, 122.534903 ] }, { "date": "2026-04-17", "close": 142.09, "volume": 3668943, "typical_volume": 3540578.85, "trend": 115.334333, "fair_value": 101.919936, "relative_strength": 16.584018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.017025, "energy": 76.325168, "activity_lines": [ 138.566, 134.636364, 129.688762, 124.385892 ] }, { "date": "2026-04-24", "close": 150.6, "volume": 3212092, "typical_volume": 3517789.95, "trend": 117.53, "fair_value": 102.424808, "relative_strength": 22.453648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.539155, "energy": 87.786623, "activity_lines": [ 143.230667, 137.995455, 132.131619, 126.661097 ] }, { "date": "2026-05-01", "close": 147.22, "volume": 4224309, "typical_volume": 3564318.3, "trend": 119.671667, "fair_value": 102.906346, "relative_strength": 18.355227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.562562, "energy": 84.984041, "activity_lines": [ 145.43, 140.273273, 134.073143, 128.576581 ] }, { "date": "2026-05-08", "close": 142.24, "volume": 3025168, "typical_volume": 3496975.2, "trend": 121.748, "fair_value": 103.369038, "relative_strength": 11.637411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.005353, "energy": 69.239272, "activity_lines": [ 145.096, 141.349636, 135.367952, 130.032602 ] }, { "date": "2026-05-15", "close": 145.7, "volume": 3358099, "typical_volume": 3588196.65, "trend": 123.752667, "fair_value": 103.842885, "relative_strength": 13.993392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.794607, "energy": 58.254727, "activity_lines": [ 145.494, 142.828909, 136.843238, 131.577892 ] }, { "date": "2026-05-22", "close": 143.34, "volume": 2868531, "typical_volume": 3652744.0, "trend": 125.635, "fair_value": 104.291923, "relative_strength": 11.116135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.003508, "energy": 49.444473, "activity_lines": [ 144.750667, 143.55, 137.928, 132.841591 ] }, { "date": "2026-05-29", "close": 140.59, "volume": 2070658, "typical_volume": 3489023.65, "trend": 126.872, "fair_value": 104.714808, "relative_strength": 7.470746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.746312, "energy": 36.094662, "activity_lines": [ 143.007333, 143.436727, 138.601143, 133.80643 ] }, { "date": "2026-06-05", "close": 141.05, "volume": 2330678, "typical_volume": 3349010.1, "trend": 127.985333, "fair_value": 105.138397, "relative_strength": 10.566907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.223932, "energy": 31.574115, "activity_lines": [ 142.084667, 143.224, 139.246095, 134.72114 ] }, { "date": "2026-06-12", "close": 143.42, "volume": 3433395, "typical_volume": 3401947.05, "trend": 129.144667, "fair_value": 105.579872, "relative_strength": 11.718832, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.888506, "energy": 28.166296, "activity_lines": [ 142.363333, 143.316182, 140.044524, 135.716925 ] }, { "date": "2026-06-19", "close": 140.64, "volume": 2445208, "typical_volume": 3220725.75, "trend": 130.244, "fair_value": 106.014423, "relative_strength": 8.575006, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.660568, "energy": 23.213338, "activity_lines": [ 141.636667, 142.766545, 140.508095, 136.458559 ] }, { "date": "2026-06-26", "close": 136.78, "volume": 2867864, "typical_volume": 3166765.0, "trend": 131.019333, "fair_value": 106.397949, "relative_strength": 8.183445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.405603, "energy": 16.41983, "activity_lines": [ 139.960667, 141.510364, 140.494619, 136.880237 ] }, { "date": "2026-07-03", "close": 129.84, "volume": 2670977, "typical_volume": 3141970.15, "trend": 131.583333, "fair_value": 106.741795, "relative_strength": 0.680959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.31034, "energy": 12.307731, "activity_lines": [ 136.408667, 139.088909, 139.751619, 136.804151 ] }, { "date": "2026-07-10", "close": 143.75, "volume": 3562516, "typical_volume": 3217748.95, "trend": 132.674667, "fair_value": 107.180256, "relative_strength": 9.956103, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.900141, "energy": 16.568926, "activity_lines": [ 138.21, 139.574, 140.31, 137.589097 ] }, { "date": "2026-07-17", "close": 144.16, "volume": 3549419, "typical_volume": 3287740.75, "trend": 133.782, "fair_value": 107.608846, "relative_strength": 11.908471, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.651531, "energy": 14.434859, "activity_lines": [ 139.968, 140.196727, 140.846429, 138.330086 ] }, { "date": "2026-07-24", "close": 148.65, "volume": 2051636, "typical_volume": 3251977.5, "trend": 135.040667, "fair_value": 108.042436, "relative_strength": 15.905767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.228687, "energy": 28.088935, "activity_lines": [ 143.173333, 141.600909, 141.742095, 139.289312 ] }, { "date": "2026-07-31", "close": 131.14, "volume": 3749677, "typical_volume": 3173253.1, "trend": 135.682, "fair_value": 108.356859, "relative_strength": 0.917735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.219323, "energy": 12.277279, "activity_lines": [ 140.008, 139.767818, 140.869905, 139.037656 ] }, { "date": "2026-08-07", "close": 131.29, "volume": 3193937, "typical_volume": 3107590.25, "trend": 135.876, "fair_value": 108.667179, "relative_strength": -2.520254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.304543, "energy": 4.554826, "activity_lines": [ 137.268667, 138.183818, 139.982524, 138.754301 ] } ], "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." } } }