{ "ticker": { "uuid": "d8c79cb5-93ed-44c0-bbc7-fd17e8e8ff2d", "symbol": "CHRD", "name": "Chord Energy Corp", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 35.916, "architecture_energy": 30.836, "architecture_maturity": 38.557, "architecture_confidence": 55.776, "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": 44.71, "rotation_up": 58.34, "upward_expansion": 64.92, "deceleration": 67.09, "rotation_down": 12.55, "downward_expansion": 12.92 }, "activity_lines": [ 133.796, 128.956909, 130.787818, 129.500741 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 131.35, "trend_reference": 124.011144, "distance_from_trend": 0.059179, "trend_direction": "Improving", "fair_value": 121.186529, "distance_from_fair_value": 0.083866, "fair_value_direction": "Weakening", "relative_strength": 3.8664, "relative_strength_direction": "Weakening", "price_momentum": 0.301624, "excess_performance": 0.11417, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059179, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.110798, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.083866, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.034222, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038664, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.057759, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.301624, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.950194, "read": "Supply-led" } ], "volume": { "latest": 4763562, "relative_activity": 1.176275, "balance": 0.950194, "dry_up": 1.005609, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.088991, "annualized_volatility": 0.451312, "from_high_reference": -0.127821, "from_low_reference": 0.612308 }, "levels": { "trend_reference": 124.011144, "fair_value_reference": 121.186529, "structural_low": 95.527264, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.011132, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.006855, "regime_survival": 0.625, "best_return": 0.051307, "worst_return": -0.080413, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.014078, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.131557, "regime_survival": 0.0, "best_return": 0.11442, "worst_return": -0.181312, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.166461, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.186625, "regime_survival": 0.0, "best_return": 0.198062, "worst_return": -0.266046, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.058093, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.298627, "regime_survival": 0.5, "best_return": 0.270802, "worst_return": -0.154616, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-08-09", "tenure": "Developing", "return": -0.108201, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": -0.014036, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-06-20", "tenure": "Extended", "return": -0.195344, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.106282, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.04032, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": 0.037383, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": 0.010733, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-10", "tenure": "New", "return": -0.086149, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": 0.035018, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": -0.01662, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": 0.077044, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": 0.189571, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-13", "end": "2026-06-12", "tenure": "Established", "return": 0.106106, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.066845, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 134.01883, "volume": 1903531, "typical_volume": 2182292.9, "trend": 119.930563, "fair_value": 84.676678, "relative_strength": -1.048476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.548688, "energy": 62.578084, "activity_lines": [ 132.951091, 130.892503, 128.047853, 124.394428 ] }, { "date": "2023-08-25", "close": 134.112377, "volume": 1698771, "typical_volume": 2163850.85, "trend": 120.517191, "fair_value": 85.017614, "relative_strength": -2.565545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.029205, "energy": 59.195451, "activity_lines": [ 133.766259, 131.720952, 128.919334, 125.309384 ] }, { "date": "2023-09-01", "close": 140.949812, "volume": 2344050, "typical_volume": 2160065.3, "trend": 121.425319, "fair_value": 85.400711, "relative_strength": -1.269319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.430852, "energy": 68.677729, "activity_lines": [ 136.287819, 133.678978, 130.348303, 126.627617 ] }, { "date": "2023-09-08", "close": 136.833744, "volume": 2001886, "typical_volume": 2176863.3, "trend": 122.232933, "fair_value": 85.750596, "relative_strength": -2.923398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.364098, "energy": 62.316387, "activity_lines": [ 136.79433, 134.575305, 131.282483, 127.621709 ] }, { "date": "2023-09-15", "close": 134.563104, "volume": 3391498, "typical_volume": 2238086.8, "trend": 123.178351, "fair_value": 86.08041, "relative_strength": -4.028045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.157474, "energy": 47.451219, "activity_lines": [ 136.349568, 134.928364, 131.906944, 128.417204 ] }, { "date": "2023-09-22", "close": 132.666651, "volume": 2394347, "typical_volume": 2243116.0, "trend": 123.979997, "fair_value": 86.393069, "relative_strength": -2.189867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.941075, "energy": 40.393348, "activity_lines": [ 135.206594, 134.872613, 132.268687, 129.029352 ] }, { "date": "2023-09-29", "close": 137.828744, "volume": 2437445, "typical_volume": 2282010.8, "trend": 124.746601, "fair_value": 86.735974, "relative_strength": 1.601306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.634004, "energy": 37.539441, "activity_lines": [ 135.874462, 135.614929, 133.035795, 129.92282 ] }, { "date": "2023-10-06", "close": 133.372505, "volume": 2753334, "typical_volume": 2319813.4, "trend": 125.454473, "fair_value": 87.044825, "relative_strength": -3.085707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.400148, "energy": 24.296927, "activity_lines": [ 134.80916, 135.323244, 133.282413, 130.47933 ] }, { "date": "2023-10-13", "close": 143.399043, "volume": 2177206, "typical_volume": 2307139.15, "trend": 126.895794, "fair_value": 87.415576, "relative_strength": 4.247407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.331972, "energy": 41.847047, "activity_lines": [ 137.591192, 136.816965, 134.438845, 131.637044 ] }, { "date": "2023-10-20", "close": 145.074384, "volume": 1975006, "typical_volume": 2323473.45, "trend": 128.29954, "fair_value": 87.792431, "relative_strength": 8.818361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.44766, "energy": 57.469825, "activity_lines": [ 140.493983, 138.442907, 135.669539, 132.809856 ] }, { "date": "2023-10-27", "close": 139.665667, "volume": 1779949, "typical_volume": 2312681.05, "trend": 129.256749, "fair_value": 88.129271, "relative_strength": 7.6744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.057687, "energy": 50.424407, "activity_lines": [ 140.893117, 138.876316, 136.294978, 133.543155 ] }, { "date": "2023-11-03", "close": 146.486094, "volume": 2476491, "typical_volume": 2308459.05, "trend": 130.325082, "fair_value": 88.505766, "relative_strength": 6.422363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.352147, "energy": 68.037938, "activity_lines": [ 143.099125, 140.447132, 137.512581, 134.654726 ] }, { "date": "2023-11-10", "close": 137.9393, "volume": 3367595, "typical_volume": 2333473.3, "trend": 130.944213, "fair_value": 88.822648, "relative_strength": -2.255587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.400767, "energy": 41.264347, "activity_lines": [ 141.879046, 140.23901, 137.827532, 135.145965 ] }, { "date": "2023-11-17", "close": 140.425122, "volume": 2337438, "typical_volume": 2350127.3, "trend": 131.718192, "fair_value": 89.601338, "relative_strength": -2.095451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.689713, "energy": 32.172442, "activity_lines": [ 141.183121, 140.537591, 138.311502, 135.757637 ] }, { "date": "2023-11-24", "close": 139.665087, "volume": 1229528, "typical_volume": 2345068.0, "trend": 132.462991, "fair_value": 90.362891, "relative_strength": -3.167567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.005984, "energy": 24.498529, "activity_lines": [ 140.432112, 140.632687, 138.671827, 136.27034 ] }, { "date": "2023-12-01", "close": 139.87237, "volume": 1693998, "typical_volume": 2314298.95, "trend": 133.307019, "fair_value": 91.109942, "relative_strength": -2.893197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.340367, "energy": 17.364202, "activity_lines": [ 140.110817, 140.672707, 139.010837, 136.748364 ] }, { "date": "2023-12-08", "close": 136.495395, "volume": 2123910, "typical_volume": 2257375.25, "trend": 133.935171, "fair_value": 91.833974, "relative_strength": -5.65235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.413544, "energy": 13.931462, "activity_lines": [ 138.650084, 139.967718, 138.95712, 136.954066 ] }, { "date": "2023-12-15", "close": 141.349256, "volume": 2361267, "typical_volume": 2287468.4, "trend": 134.516731, "fair_value": 92.588573, "relative_strength": -5.278497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.046374, "energy": 15.497797, "activity_lines": [ 139.473351, 140.169493, 139.313418, 137.432394 ] }, { "date": "2023-12-22", "close": 145.745368, "volume": 2162337, "typical_volume": 2253850.2, "trend": 135.191997, "fair_value": 93.376445, "relative_strength": -2.933304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.273778, "energy": 27.878587, "activity_lines": [ 141.534658, 141.025528, 140.04056, 138.156822 ] }, { "date": "2023-12-29", "close": 143.568904, "volume": 1524528, "typical_volume": 2206705.75, "trend": 135.772795, "fair_value": 94.151542, "relative_strength": -4.388893, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.32497, "energy": 28.340824, "activity_lines": [ 142.515795, 141.443183, 140.504098, 138.697268 ] }, { "date": "2024-01-05", "close": 140.623768, "volume": 2017330, "typical_volume": 2212395.7, "trend": 136.206525, "fair_value": 94.887462, "relative_strength": -3.197658, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.247779, "energy": 30.351196, "activity_lines": [ 142.254964, 141.352731, 140.639544, 139.010234 ] }, { "date": "2024-01-12", "close": 136.115378, "volume": 2231359, "typical_volume": 2239025.1, "trend": 136.481545, "fair_value": 95.585978, "relative_strength": -8.98562, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.825184, "energy": 16.79386, "activity_lines": [ 140.441244, 140.425151, 140.314167, 139.004353 ] }, { "date": "2024-01-19", "close": 129.801904, "volume": 2223304, "typical_volume": 2232987.8, "trend": 136.684376, "fair_value": 96.263813, "relative_strength": -15.172291, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.36952, "energy": 19.437257, "activity_lines": [ 136.548367, 138.538225, 139.377969, 138.573409 ] }, { "date": "2024-01-26", "close": 133.645264, "volume": 2270463, "typical_volume": 2246416.65, "trend": 136.817203, "fair_value": 96.973689, "relative_strength": -12.830449, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.977435, "energy": 27.271089, "activity_lines": [ 134.706434, 137.498045, 138.86089, 138.377337 ] }, { "date": "2024-02-02", "close": 130.846953, "volume": 1786833, "typical_volume": 2166183.4, "trend": 136.810666, "fair_value": 97.635652, "relative_strength": -15.379998, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.091777, "energy": 46.230374, "activity_lines": [ 132.738404, 136.072351, 138.092489, 137.99216 ] }, { "date": "2024-02-09", "close": 134.750769, "volume": 1973754, "typical_volume": 2145153.75, "trend": 137.137711, "fair_value": 98.304184, "relative_strength": -14.1378, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.470908, "energy": 49.90668, "activity_lines": [ 132.919776, 135.516772, 137.713576, 137.859263 ] }, { "date": "2024-02-16", "close": 141.39244, "volume": 2358808, "typical_volume": 2141221.9, "trend": 137.666756, "fair_value": 99.006826, "relative_strength": -8.418985, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.691468, "energy": 12.242265, "activity_lines": [ 135.706571, 136.261889, 137.957278, 138.133762 ] }, { "date": "2024-02-23", "close": 137.955008, "volume": 5732758, "typical_volume": 2290193.1, "trend": 137.888443, "fair_value": 99.668351, "relative_strength": -11.636768, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.148337, "energy": 4.621918, "activity_lines": [ 136.995752, 136.292981, 137.856636, 138.152359 ] }, { "date": "2024-03-01", "close": 141.841551, "volume": 4479551, "typical_volume": 2405310.35, "trend": 138.152566, "fair_value": 100.346189, "relative_strength": -10.623005, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.308203, "energy": 14.44973, "activity_lines": [ 139.036907, 137.092431, 138.10432, 138.407398 ] }, { "date": "2024-03-08", "close": 142.436279, "volume": 4256379, "typical_volume": 2519379.0, "trend": 138.448036, "fair_value": 101.022634, "relative_strength": -8.570936, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.213753, "energy": 20.703499, "activity_lines": [ 140.729885, 138.070992, 138.416061, 138.683767 ] }, { "date": "2024-03-15", "close": 146.234227, "volume": 5727052, "typical_volume": 2716734.15, "trend": 138.855216, "fair_value": 101.72997, "relative_strength": -5.064482, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.972719, "energy": 44.397204, "activity_lines": [ 142.916224, 139.760682, 139.102073, 139.186101 ] }, { "date": "2024-03-22", "close": 148.974742, "volume": 2922611, "typical_volume": 2739040.15, "trend": 139.350628, "fair_value": 102.440441, "relative_strength": -6.109813, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.912347, "energy": 63.985383, "activity_lines": [ 145.250504, 141.846639, 140.017809, 139.838974 ] }, { "date": "2024-03-29", "close": 157.064107, "volume": 3424820, "typical_volume": 2741901.4, "trend": 139.887771, "fair_value": 103.204976, "relative_strength": -0.513988, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.451159, "energy": 78.849498, "activity_lines": [ 149.775753, 145.169584, 141.692109, 140.981779 ] }, { "date": "2024-04-05", "close": 162.721376, "volume": 3242954, "typical_volume": 2787177.2, "trend": 140.750692, "fair_value": 103.973004, "relative_strength": 3.857167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.731155, "energy": 88.5373, "activity_lines": [ 154.912818, 149.025446, 143.814126, 142.454915 ] }, { "date": "2024-04-12", "close": 164.889114, "volume": 3748036, "typical_volume": 2913102.6, "trend": 141.761559, "fair_value": 104.74645, "relative_strength": 5.774508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.288174, "energy": 92.165336, "activity_lines": [ 159.380474, 152.746786, 146.036422, 144.012233 ] }, { "date": "2024-04-19", "close": 158.61501, "volume": 2749971, "typical_volume": 2965901.25, "trend": 142.626504, "fair_value": 105.477469, "relative_strength": 7.488421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.360321, "energy": 85.157498, "activity_lines": [ 160.259906, 154.708431, 147.54107, 145.099552 ] }, { "date": "2024-04-26", "close": 163.532075, "volume": 2041771, "typical_volume": 2961794.3, "trend": 143.483282, "fair_value": 106.219659, "relative_strength": 6.540115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.270201, "energy": 85.738424, "activity_lines": [ 161.952974, 157.130193, 149.424759, 146.448299 ] }, { "date": "2024-05-03", "close": 155.072608, "volume": 3851778, "typical_volume": 3036319.85, "trend": 144.206619, "fair_value": 106.912078, "relative_strength": -0.004902, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.184582, "energy": 54.761638, "activity_lines": [ 159.855732, 157.611331, 150.374038, 147.195997 ] }, { "date": "2024-05-10", "close": 158.1656, "volume": 3238467, "typical_volume": 3090126.35, "trend": 144.698837, "fair_value": 107.642484, "relative_strength": 0.507211, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.748131, "energy": 45.661915, "activity_lines": [ 158.922253, 158.343602, 151.552539, 148.096576 ] }, { "date": "2024-05-17", "close": 159.134914, "volume": 3526574, "typical_volume": 3190228.65, "trend": 145.167522, "fair_value": 108.323208, "relative_strength": -0.949668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.258541, "energy": 40.191357, "activity_lines": [ 158.615597, 158.955311, 152.764211, 149.027936 ] }, { "date": "2024-05-24", "close": 162.469204, "volume": 3625864, "typical_volume": 3270655.35, "trend": 145.92764, "fair_value": 109.013414, "relative_strength": -0.199062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.02501, "energy": 42.010814, "activity_lines": [ 159.803984, 159.869643, 154.219311, 150.144174 ] }, { "date": "2024-05-31", "close": 167.575741, "volume": 13875263, "typical_volume": 3852850.55, "trend": 146.630628, "fair_value": 109.726523, "relative_strength": 4.513596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.600907, "energy": 56.49573, "activity_lines": [ 162.437605, 161.417255, 156.056722, 151.540825 ] }, { "date": "2024-06-07", "close": 152.708037, "volume": 12762373, "typical_volume": 4379804.0, "trend": 147.122919, "fair_value": 110.329222, "relative_strength": -7.11587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.934272, "energy": 34.712304, "activity_lines": [ 159.845746, 159.923448, 156.32835, 151.932916 ] }, { "date": "2024-06-14", "close": 146.797108, "volume": 5162428, "typical_volume": 4524402.25, "trend": 147.335319, "fair_value": 110.882298, "relative_strength": -13.531681, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.709584, "energy": 14.651648, "activity_lines": [ 155.441216, 157.434128, 155.927956, 151.911896 ] }, { "date": "2024-06-21", "close": 148.667999, "volume": 4980419, "typical_volume": 4684081.55, "trend": 147.635416, "fair_value": 111.439358, "relative_strength": -12.451274, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 7.050509, "energy": 13.497619, "activity_lines": [ 152.418215, 155.574502, 155.643113, 151.997876 ] }, { "date": "2024-06-28", "close": 151.551158, "volume": 13276276, "typical_volume": 5249207.65, "trend": 148.024709, "fair_value": 111.994326, "relative_strength": -10.517404, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.61404, "energy": 22.36876, "activity_lines": [ 151.054062, 154.534016, 155.547995, 152.250504 ] }, { "date": "2024-07-05", "close": 153.196096, "volume": 3719324, "typical_volume": 5317233.45, "trend": 148.581399, "fair_value": 112.556976, "relative_strength": -12.40905, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.074488, "energy": 20.089931, "activity_lines": [ 150.966091, 153.921044, 155.529536, 152.584142 ] }, { "date": "2024-07-12", "close": 155.446587, "volume": 3235200, "typical_volume": 5192355.55, "trend": 149.05131, "fair_value": 113.18975, "relative_strength": -10.795391, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.403453, "energy": 12.172197, "activity_lines": [ 152.586927, 153.905179, 155.669202, 153.027058 ] }, { "date": "2024-07-19", "close": 158.664157, "volume": 2962766, "typical_volume": 5116516.3, "trend": 149.481936, "fair_value": 113.834704, "relative_strength": -5.184138, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.970005, "energy": 18.270707, "activity_lines": [ 155.097716, 154.467526, 156.03201, 153.647241 ] }, { "date": "2024-07-26", "close": 156.015988, "volume": 3546690, "typical_volume": 5081031.85, "trend": 149.896839, "fair_value": 114.456997, "relative_strength": -4.255051, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.642283, "energy": 19.723795, "activity_lines": [ 155.934645, 154.539324, 156.062503, 154.068793 ] }, { "date": "2024-08-02", "close": 140.877141, "volume": 3174658, "typical_volume": 4953412.15, "trend": 149.905284, "fair_value": 114.99032, "relative_strength": -10.56897, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.180927, "energy": 9.188054, "activity_lines": [ 151.235427, 151.915312, 154.586536, 153.486877 ] }, { "date": "2024-08-09", "close": 136.620188, "volume": 5479367, "typical_volume": 5081249.95, "trend": 149.922111, "fair_value": 115.503627, "relative_strength": -13.28742, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.652877, "energy": 47.075603, "activity_lines": [ 145.828825, 148.909892, 152.730655, 152.629774 ] }, { "date": "2024-08-16", "close": 138.373583, "volume": 3401679, "typical_volume": 5080092.9, "trend": 150.207834, "fair_value": 116.057548, "relative_strength": -16.333089, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.729102, "energy": 62.212259, "activity_lines": [ 142.111748, 146.786098, 151.100596, 151.884708 ] }, { "date": "2024-08-23", "close": 137.874394, "volume": 2981794, "typical_volume": 5067034.9, "trend": 150.348805, "fair_value": 116.577032, "relative_strength": -17.114792, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.189023, "energy": 66.661271, "activity_lines": [ 139.366476, 144.83217, 149.511997, 151.089002 ] }, { "date": "2024-08-30", "close": 136.431308, "volume": 3687714, "typical_volume": 5064018.8, "trend": 150.53495, "fair_value": 117.079323, "relative_strength": -16.92784, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.678709, "energy": 76.559502, "activity_lines": [ 137.526159, 142.778093, 147.90428, 150.191099 ] }, { "date": "2024-09-06", "close": 123.507882, "volume": 3871111, "typical_volume": 5120075.8, "trend": 150.160187, "fair_value": 117.488552, "relative_strength": -19.751196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.139553, "energy": 89.427029, "activity_lines": [ 132.683679, 138.596788, 145.201274, 148.447417 ] }, { "date": "2024-09-13", "close": 123.21375, "volume": 4102598, "typical_volume": 5223117.15, "trend": 149.554231, "fair_value": 117.878726, "relative_strength": -23.978195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.589356, "energy": 92.101567, "activity_lines": [ 128.901105, 134.871882, 142.637432, 146.708937 ] }, { "date": "2024-09-20", "close": 125.677106, "volume": 4973928, "typical_volume": 5279224.65, "trend": 149.144968, "fair_value": 118.287587, "relative_strength": -23.113021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.552914, "energy": 88.162306, "activity_lines": [ 126.833412, 132.139993, 140.500188, 145.168477 ] }, { "date": "2024-09-27", "close": 120.226471, "volume": 4386919, "typical_volume": 5336647.25, "trend": 148.424465, "fair_value": 118.645787, "relative_strength": -26.617183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.267713, "energy": 90.46467, "activity_lines": [ 123.795273, 128.958342, 137.983814, 143.302768 ] }, { "date": "2024-10-04", "close": 125.41974, "volume": 3832189, "typical_volume": 5351928.0, "trend": 147.857247, "fair_value": 119.015349, "relative_strength": -23.049581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.70168, "energy": 75.801609, "activity_lines": [ 123.664752, 127.419789, 136.142699, 141.818592 ] }, { "date": "2024-10-11", "close": 122.901234, "volume": 3552968, "typical_volume": 5348283.2, "trend": 147.079481, "fair_value": 119.362354, "relative_strength": -24.88674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.022145, "energy": 60.692238, "activity_lines": [ 123.428834, 125.979622, 134.222276, 140.208527 ] }, { "date": "2024-10-18", "close": 119.472758, "volume": 4067215, "typical_volume": 4857880.8, "trend": 146.096081, "fair_value": 119.668764, "relative_strength": -26.419401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.760583, "energy": 62.051069, "activity_lines": [ 122.090533, 124.242929, 132.16375, 138.427448 ] }, { "date": "2024-10-25", "close": 118.434104, "volume": 3421031, "typical_volume": 4390813.7, "trend": 144.808414, "fair_value": 119.929006, "relative_strength": -26.460165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.824662, "energy": 59.394108, "activity_lines": [ 120.655414, 122.629162, 130.235366, 136.642804 ] }, { "date": "2024-11-01", "close": 113.792333, "volume": 3797578, "typical_volume": 4322571.2, "trend": 143.177446, "fair_value": 120.145426, "relative_strength": -27.479575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.254384, "energy": 67.72664, "activity_lines": [ 118.155904, 120.533973, 128.028118, 134.641767 ] }, { "date": "2024-11-08", "close": 121.338658, "volume": 5745721, "typical_volume": 4360836.3, "trend": 141.725764, "fair_value": 120.392678, "relative_strength": -26.109199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.864223, "energy": 58.903512, "activity_lines": [ 118.600779, 120.248698, 126.696733, 133.232813 ] }, { "date": "2024-11-15", "close": 116.991019, "volume": 3957003, "typical_volume": 3894872.65, "trend": 140.338298, "fair_value": 120.623233, "relative_strength": -25.651108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.207459, "energy": 57.736953, "activity_lines": [ 117.868513, 119.447356, 125.081427, 131.637023 ] }, { "date": "2024-11-22", "close": 123.563032, "volume": 4401397, "typical_volume": 3928976.3, "trend": 139.005997, "fair_value": 120.92038, "relative_strength": -22.35596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.017134, "energy": 47.465167, "activity_lines": [ 119.720932, 119.959413, 124.256599, 130.554747 ] }, { "date": "2024-11-29", "close": 118.546623, "volume": 6499685, "typical_volume": 4092200.55, "trend": 137.788464, "fair_value": 121.194259, "relative_strength": -25.499835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.545967, "energy": 38.975604, "activity_lines": [ 119.62853, 119.553045, 123.095128, 129.234788 ] }, { "date": "2024-12-06", "close": 108.952825, "volume": 4543004, "typical_volume": 4171212.45, "trend": 136.148038, "fair_value": 121.376527, "relative_strength": -33.114892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.453476, "energy": 56.012488, "activity_lines": [ 116.330694, 117.531996, 121.195675, 127.374424 ] }, { "date": "2024-12-13", "close": 110.886459, "volume": 3962586, "typical_volume": 4192007.25, "trend": 134.539756, "fair_value": 121.589383, "relative_strength": -31.845584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.30896, "energy": 55.282374, "activity_lines": [ 114.000036, 116.067491, 119.717099, 125.744645 ] }, { "date": "2024-12-20", "close": 103.031072, "volume": 6439404, "typical_volume": 4355244.55, "trend": 132.558485, "fair_value": 121.745113, "relative_strength": -34.568111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.937265, "energy": 80.832027, "activity_lines": [ 109.74773, 113.438976, 117.705294, 123.711826 ] }, { "date": "2024-12-27", "close": 104.183815, "volume": 2237752, "typical_volume": 4193163.8, "trend": 130.445421, "fair_value": 121.889666, "relative_strength": -33.792681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.831235, "energy": 87.6244, "activity_lines": [ 106.810334, 111.381327, 115.983493, 121.881203 ] }, { "date": "2025-01-03", "close": 112.438944, "volume": 2398094, "typical_volume": 4142984.55, "trend": 129.103118, "fair_value": 122.058105, "relative_strength": -27.350042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.510221, "energy": 72.624352, "activity_lines": [ 107.916596, 111.10259, 115.202353, 120.719494 ] }, { "date": "2025-01-10", "close": 115.069801, "volume": 2845332, "typical_volume": 4136161.45, "trend": 128.045541, "fair_value": 122.218819, "relative_strength": -23.450544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.410104, "energy": 51.102382, "activity_lines": [ 110.306989, 111.411194, 114.79527, 119.814119 ] }, { "date": "2025-01-17", "close": 117.421769, "volume": 3032776, "typical_volume": 4103414.55, "trend": 127.004, "fair_value": 122.448148, "relative_strength": -23.64341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.472305, "energy": 30.511973, "activity_lines": [ 113.073572, 112.124202, 114.720777, 119.128714 ] }, { "date": "2025-01-24", "close": 109.194529, "volume": 2767166, "typical_volume": 4048217.3, "trend": 125.592112, "fair_value": 122.591013, "relative_strength": -29.54072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.235024, "energy": 24.858733, "activity_lines": [ 112.662055, 111.412565, 113.953259, 117.979716 ] }, { "date": "2025-01-31", "close": 104.537075, "volume": 3771455, "typical_volume": 4031660.15, "trend": 123.970145, "fair_value": 122.660619, "relative_strength": -31.115198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.469337, "energy": 34.356716, "activity_lines": [ 110.287156, 109.995872, 112.810332, 116.621327 ] }, { "date": "2025-02-07", "close": 101.683106, "volume": 4955420, "typical_volume": 4030734.75, "trend": 122.178029, "fair_value": 122.74063, "relative_strength": -32.560144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.74388, "energy": 51.182947, "activity_lines": [ 106.937384, 108.406202, 111.484536, 115.183453 ] }, { "date": "2025-02-14", "close": 103.124035, "volume": 3393782, "typical_volume": 3981077.9, "trend": 120.326691, "fair_value": 122.876193, "relative_strength": -32.919546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.754023, "energy": 66.018541, "activity_lines": [ 104.784977, 107.385128, 110.410228, 113.954163 ] }, { "date": "2025-02-21", "close": 103.811962, "volume": 3954039, "typical_volume": 3987170.4, "trend": 118.586557, "fair_value": 123.012578, "relative_strength": -30.358352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.143777, "energy": 67.575433, "activity_lines": [ 103.658263, 106.59511, 109.482877, 112.888697 ] }, { "date": "2025-02-28", "close": 106.256893, "volume": 5175719, "typical_volume": 4068307.95, "trend": 117.432549, "fair_value": 123.09087, "relative_strength": -25.645277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.888589, "energy": 56.90244, "activity_lines": [ 104.253847, 106.378252, 108.891271, 112.093235 ] }, { "date": "2025-03-07", "close": 96.337724, "volume": 6820769, "typical_volume": 4205985.65, "trend": 116.0898, "fair_value": 123.118888, "relative_strength": -29.713898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.985357, "energy": 56.858585, "activity_lines": [ 101.738884, 104.299258, 107.434241, 110.732278 ] }, { "date": "2025-03-14", "close": 99.979702, "volume": 4964359, "typical_volume": 4283152.05, "trend": 114.810004, "fair_value": 123.125902, "relative_strength": -24.532244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.289926, "energy": 48.171951, "activity_lines": [ 100.984536, 103.025098, 106.434232, 109.692917 ] }, { "date": "2025-03-21", "close": 103.274392, "volume": 6394708, "typical_volume": 4413008.55, "trend": 113.656671, "fair_value": 123.129476, "relative_strength": -21.578654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.361647, "energy": 43.485674, "activity_lines": [ 101.441979, 102.576504, 105.835882, 108.948684 ] }, { "date": "2025-03-28", "close": 105.175898, "volume": 3109601, "typical_volume": 4281202.55, "trend": 112.614824, "fair_value": 123.16567, "relative_strength": -17.465759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.017143, "energy": 38.86822, "activity_lines": [ 102.523234, 102.6881, 105.468713, 108.401538 ] }, { "date": "2025-04-04", "close": 82.668463, "volume": 5174737, "typical_volume": 4342089.25, "trend": 111.25351, "fair_value": 123.064353, "relative_strength": -27.118145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.980955, "energy": 56.673066, "activity_lines": [ 96.011081, 98.930087, 103.034945, 106.469514 ] }, { "date": "2025-04-11", "close": 84.099299, "volume": 7970847, "typical_volume": 4520561.75, "trend": 109.949695, "fair_value": 122.960758, "relative_strength": -30.064581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.90951, "energy": 69.100933, "activity_lines": [ 91.548435, 95.914519, 100.900887, 104.71763 ] }, { "date": "2025-04-18", "close": 88.890719, "volume": 2915138, "typical_volume": 4341334.4, "trend": 108.723482, "fair_value": 122.946529, "relative_strength": -23.336796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.777983, "energy": 70.54923, "activity_lines": [ 89.498825, 94.141714, 99.411077, 103.358986 ] }, { "date": "2025-04-25", "close": 89.069574, "volume": 3107212, "typical_volume": 4269544.8, "trend": 107.684919, "fair_value": 122.952855, "relative_strength": -26.766494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.732642, "energy": 75.402752, "activity_lines": [ 88.248098, 92.634017, 98.07952, 102.090992 ] }, { "date": "2025-05-02", "close": 87.808178, "volume": 3640988, "typical_volume": 4253464.9, "trend": 106.4312, "fair_value": 122.884995, "relative_strength": -29.262426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.383491, "energy": 62.943972, "activity_lines": [ 87.523894, 91.15251, 96.722512, 100.808622 ] }, { "date": "2025-05-09", "close": 87.582257, "volume": 5143455, "typical_volume": 4188667.45, "trend": 105.253901, "fair_value": 122.861357, "relative_strength": -28.340634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.201983, "energy": 47.948993, "activity_lines": [ 87.88223, 89.920905, 95.453885, 99.592561 ] }, { "date": "2025-05-16", "close": 90.99932, "volume": 3904411, "typical_volume": 4272000.4, "trend": 104.304786, "fair_value": 122.835488, "relative_strength": -29.357481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.486269, "energy": 40.754847, "activity_lines": [ 89.052002, 89.650124, 94.584257, 98.67291 ] }, { "date": "2025-05-23", "close": 85.602827, "volume": 3090365, "typical_volume": 4306613.95, "trend": 103.21041, "fair_value": 122.692706, "relative_strength": -30.93016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.460599, "energy": 42.246144, "activity_lines": [ 87.962941, 88.495223, 93.263461, 97.466332 ] }, { "date": "2025-05-30", "close": 85.937027, "volume": 2727652, "typical_volume": 4300729.95, "trend": 102.2819, "fair_value": 122.525153, "relative_strength": -30.839368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.407533, "energy": 40.749867, "activity_lines": [ 87.204473, 87.662484, 92.102285, 96.351921 ] }, { "date": "2025-06-06", "close": 90.606272, "volume": 3693393, "typical_volume": 4333760.8, "trend": 101.257487, "fair_value": 122.338295, "relative_strength": -27.633808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.937981, "energy": 32.562052, "activity_lines": [ 88.211256, 87.993923, 91.524527, 95.598654 ] }, { "date": "2025-06-13", "close": 101.252915, "volume": 3804000, "typical_volume": 4385602.5, "trend": 100.732884, "fair_value": 122.396343, "relative_strength": -17.900654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.181878, "energy": 13.310299, "activity_lines": [ 92.580381, 90.526018, 92.088427, 95.598359 ] }, { "date": "2025-06-20", "close": 99.381397, "volume": 4533354, "typical_volume": 4423697.45, "trend": 99.926829, "fair_value": 122.476002, "relative_strength": -18.576336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.159205, "energy": 15.261816, "activity_lines": [ 95.414289, 92.379937, 92.511905, 95.511167 ] }, { "date": "2025-06-27", "close": 94.244273, "volume": 3980787, "typical_volume": 4374965.8, "trend": 99.116751, "fair_value": 122.539012, "relative_strength": -24.953437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.408945, "energy": 18.285562, "activity_lines": [ 95.977018, 93.021978, 92.470683, 95.14455 ] }, { "date": "2025-07-04", "close": 99.677403, "volume": 3706074, "typical_volume": 4390580.4, "trend": 98.80757, "fair_value": 122.628434, "relative_strength": -20.915802, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.843139, "energy": 21.725818, "activity_lines": [ 97.774693, 94.554524, 92.982326, 95.180721 ] }, { "date": "2025-07-11", "close": 104.260711, "volume": 3610223, "typical_volume": 4373389.6, "trend": 98.586712, "fair_value": 122.764019, "relative_strength": -16.067765, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.339374, "energy": 46.814347, "activity_lines": [ 100.184113, 96.727528, 93.946886, 95.532537 ] }, { "date": "2025-07-18", "close": 101.596663, "volume": 2337574, "typical_volume": 4231482.35, "trend": 98.538898, "fair_value": 122.855149, "relative_strength": -18.154804, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.38919, "energy": 46.768724, "activity_lines": [ 100.795221, 98.117023, 94.655591, 95.726727 ] }, { "date": "2025-07-25", "close": 103.811928, "volume": 2966119, "typical_volume": 4038749.85, "trend": 98.526502, "fair_value": 122.885722, "relative_strength": -15.98828, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.809108, "energy": 52.091879, "activity_lines": [ 102.121834, 99.654486, 95.597465, 96.066923 ] }, { "date": "2025-08-01", "close": 101.081041, "volume": 3160606, "typical_volume": 3948562.2, "trend": 98.147905, "fair_value": 122.915969, "relative_strength": -15.360032, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.517707, "energy": 41.849569, "activity_lines": [ 102.242782, 100.462468, 96.243663, 96.231732 ] }, { "date": "2025-08-08", "close": 96.497733, "volume": 4920006, "typical_volume": 3874827.1, "trend": 97.528836, "fair_value": 122.855001, "relative_strength": -21.14076, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.395882, "energy": 21.541492, "activity_lines": [ 100.380177, 100.155699, 96.448111, 96.125269 ] }, { "date": "2025-08-15", "close": 97.500331, "volume": 4405150, "typical_volume": 3939604.55, "trend": 96.864788, "fair_value": 122.806613, "relative_strength": -19.808308, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.482488, "energy": 11.895419, "activity_lines": [ 99.063749, 99.839207, 96.780315, 96.12343 ] }, { "date": "2025-08-22", "close": 102.43702, "volume": 3604016, "typical_volume": 3861068.5, "trend": 96.639538, "fair_value": 122.736, "relative_strength": -14.09609, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.92389, "energy": 12.354902, "activity_lines": [ 99.843576, 100.294949, 97.619229, 96.482929 ] }, { "date": "2025-08-29", "close": 106.266442, "volume": 3251575, "typical_volume": 3625104.9, "trend": 96.697183, "fair_value": 122.712572, "relative_strength": -9.792758, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.145805, "energy": 32.460907, "activity_lines": [ 101.843853, 101.425421, 98.728715, 97.104019 ] }, { "date": "2025-09-05", "close": 100.009786, "volume": 4228481, "typical_volume": 3690772.05, "trend": 96.641406, "fair_value": 122.659482, "relative_strength": -15.122486, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.041981, "energy": 28.819016, "activity_lines": [ 101.594944, 101.293135, 99.136771, 97.317736 ] }, { "date": "2025-09-12", "close": 100.725385, "volume": 4491619, "typical_volume": 3759992.4, "trend": 96.561451, "fair_value": 122.617825, "relative_strength": -15.351703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.852115, "energy": 34.259727, "activity_lines": [ 101.655984, 101.186132, 99.560031, 97.581218 ] }, { "date": "2025-09-19", "close": 97.060358, "volume": 5898026, "typical_volume": 3872844.3, "trend": 96.336398, "fair_value": 122.61709, "relative_strength": -19.394442, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.598876, "energy": 18.861653, "activity_lines": [ 100.213506, 100.393705, 99.578737, 97.613406 ] }, { "date": "2025-09-26", "close": 101.083184, "volume": 4103095, "typical_volume": 3820826.3, "trend": 96.163941, "fair_value": 122.581575, "relative_strength": -15.035347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.089479, "energy": 16.280385, "activity_lines": [ 100.141301, 100.463617, 99.936511, 97.91965 ] }, { "date": "2025-10-03", "close": 95.861246, "volume": 3935956, "typical_volume": 3822403.55, "trend": 96.148058, "fair_value": 122.454167, "relative_strength": -19.614823, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.331386, "energy": 9.789014, "activity_lines": [ 98.418706, 99.593421, 99.732668, 97.900121 ] }, { "date": "2025-10-10", "close": 87.602848, "volume": 3668492, "typical_volume": 3851309.9, "trend": 95.735496, "fair_value": 122.297507, "relative_strength": -24.083271, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.747368, "energy": 28.974927, "activity_lines": [ 94.636992, 97.366257, 98.719158, 97.348817 ] }, { "date": "2025-10-17", "close": 86.780876, "volume": 3553670, "typical_volume": 3892610.8, "trend": 95.185712, "fair_value": 122.080659, "relative_strength": -25.869956, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.468405, "energy": 52.391305, "activity_lines": [ 91.408416, 95.234701, 97.617842, 96.7711 ] }, { "date": "2025-10-24", "close": 89.430526, "volume": 2747993, "typical_volume": 3845340.8, "trend": 94.660867, "fair_value": 121.898985, "relative_strength": -24.522123, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.332343, "energy": 54.215708, "activity_lines": [ 89.99269, 93.76157, 96.764855, 96.399798 ] }, { "date": "2025-10-31", "close": 87.728561, "volume": 3163291, "typical_volume": 3813305.35, "trend": 94.829537, "fair_value": 121.675768, "relative_strength": -26.667898, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.139249, "energy": 62.617132, "activity_lines": [ 88.518299, 92.125714, 95.755374, 95.952552 ] }, { "date": "2025-11-07", "close": 84.518036, "volume": 4996771, "typical_volume": 3836476.2, "trend": 94.843495, "fair_value": 121.417828, "relative_strength": -26.377446, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.200817, "energy": 66.197639, "activity_lines": [ 86.86404, 90.173553, 94.504532, 95.287294 ] }, { "date": "2025-11-14", "close": 90.039752, "volume": 3788725, "typical_volume": 3826873.1, "trend": 94.881796, "fair_value": 121.202262, "relative_strength": -20.733845, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.261986, "energy": 44.621909, "activity_lines": [ 87.806568, 89.620766, 93.850344, 94.977375 ] }, { "date": "2025-11-21", "close": 89.819812, "volume": 4264589, "typical_volume": 3854798.85, "trend": 94.906804, "fair_value": 121.00446, "relative_strength": -17.616528, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.940269, "energy": 40.872832, "activity_lines": [ 88.513322, 89.209264, 93.195232, 94.650795 ] }, { "date": "2025-11-28", "close": 92.05599, "volume": 2287747, "typical_volume": 3788675.05, "trend": 95.048397, "fair_value": 120.838682, "relative_strength": -18.8248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.909314, "energy": 29.452687, "activity_lines": [ 89.762872, 89.402622, 92.80003, 94.466872 ] }, { "date": "2025-12-05", "close": 95.773145, "volume": 3056367, "typical_volume": 3824614.7, "trend": 95.321427, "fair_value": 120.782218, "relative_strength": -15.9031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.317086, "energy": 19.399209, "activity_lines": [ 92.076444, 90.362815, 92.81696, 94.51363 ] }, { "date": "2025-12-12", "close": 95.488719, "volume": 2965734, "typical_volume": 3824595.45, "trend": 95.471074, "fair_value": 120.717081, "relative_strength": -14.037348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.582703, "energy": 19.395796, "activity_lines": [ 93.758901, 91.36784, 92.834534, 94.524423 ] }, { "date": "2025-12-19", "close": 88.427105, "volume": 3662359, "typical_volume": 3849683.1, "trend": 95.565216, "fair_value": 120.568995, "relative_strength": -20.35982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.187101, "energy": 22.167762, "activity_lines": [ 92.356109, 91.095709, 92.219206, 94.069973 ] }, { "date": "2025-12-26", "close": 88.309411, "volume": 1504420, "typical_volume": 3678903.8, "trend": 95.644296, "fair_value": 120.435595, "relative_strength": -20.942155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.270166, "energy": 19.386208, "activity_lines": [ 91.021594, 90.787192, 91.652927, 93.601857 ] }, { "date": "2026-01-02", "close": 92.860229, "volume": 2644383, "typical_volume": 3590865.45, "trend": 95.719428, "fair_value": 120.377689, "relative_strength": -14.799677, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.007004, "energy": 17.297234, "activity_lines": [ 91.304712, 91.278306, 91.559051, 93.42224 ] }, { "date": "2026-01-09", "close": 90.359241, "volume": 4181336, "typical_volume": 3619731.45, "trend": 95.356305, "fair_value": 120.270313, "relative_strength": -18.142102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.22684, "energy": 24.591174, "activity_lines": [ 90.700552, 91.252336, 91.249082, 93.076421 ] }, { "date": "2026-01-16", "close": 90.525974, "volume": 4768402, "typical_volume": 3695572.8, "trend": 95.061124, "fair_value": 120.123002, "relative_strength": -16.546381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.41158, "energy": 21.230247, "activity_lines": [ 90.512897, 91.20885, 91.012505, 92.764787 ] }, { "date": "2026-01-23", "close": 93.693892, "volume": 2715671, "typical_volume": 3619932.3, "trend": 95.042778, "fair_value": 119.976722, "relative_strength": -13.286509, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.199721, "energy": 8.430407, "activity_lines": [ 91.712063, 91.632115, 91.152589, 92.676578 ] }, { "date": "2026-01-30", "close": 98.313365, "volume": 3795723, "typical_volume": 3585137.5, "trend": 94.99731, "fair_value": 119.878051, "relative_strength": -8.449893, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.496461, "energy": 9.316748, "activity_lines": [ 94.099935, 92.828844, 91.762698, 92.887584 ] }, { "date": "2026-02-06", "close": 100.912431, "volume": 3845018, "typical_volume": 3482487.1, "trend": 94.885701, "fair_value": 119.803097, "relative_strength": -3.825792, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.728202, "energy": 36.723513, "activity_lines": [ 96.687232, 94.343703, 92.631824, 93.269205 ] }, { "date": "2026-02-13", "close": 100.059153, "volume": 2849048, "typical_volume": 3419784.75, "trend": 94.834451, "fair_value": 119.763729, "relative_strength": -3.129097, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.318238, "energy": 46.41151, "activity_lines": [ 98.453289, 95.542395, 93.401342, 93.602976 ] }, { "date": "2026-02-20", "close": 103.354573, "volume": 4312277, "typical_volume": 3438600.8, "trend": 94.819205, "fair_value": 119.729994, "relative_strength": -0.75349, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.484254, "energy": 61.277886, "activity_lines": [ 100.671159, 97.262326, 94.489585, 94.152661 ] }, { "date": "2026-02-27", "close": 106.287105, "volume": 5245129, "typical_volume": 3517432.65, "trend": 94.992741, "fair_value": 119.675228, "relative_strength": 2.723608, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.730159, "energy": 65.589405, "activity_lines": [ 103.0113, 99.372429, 95.821435, 94.892526 ] }, { "date": "2026-03-06", "close": 119.027434, "volume": 7796219, "typical_volume": 3729560.1, "trend": 95.743731, "fair_value": 119.719401, "relative_strength": 16.462156, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 91.833237, "energy": 88.422361, "activity_lines": [ 108.75867, 103.474228, 98.277677, 96.443151 ] }, { "date": "2026-03-13", "close": 122.35715, "volume": 8392789, "typical_volume": 4011799.9, "trend": 96.572292, "fair_value": 119.861694, "relative_strength": 20.98242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.612102, "energy": 93.152097, "activity_lines": [ 114.235007, 107.622921, 100.897479, 98.160146 ] }, { "date": "2026-03-20", "close": 130.742257, "volume": 7641671, "typical_volume": 4235718.9, "trend": 97.5158, "fair_value": 120.039773, "relative_strength": 31.732626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.058713, "energy": 96.26377, "activity_lines": [ 121.076731, 112.759871, 104.15907, 100.36466 ] }, { "date": "2026-03-27", "close": 144.063279, "volume": 4992678, "typical_volume": 4235514.25, "trend": 98.775694, "fair_value": 120.252042, "relative_strength": 49.476611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.804459, "energy": 97.643357, "activity_lines": [ 130.313256, 119.584588, 108.484502, 103.367723 ] }, { "date": "2026-04-03", "close": 140.742935, "volume": 4106302, "typical_volume": 4251393.1, "trend": 100.133466, "fair_value": 120.420675, "relative_strength": 39.748353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.399412, "energy": 92.776172, "activity_lines": [ 135.729086, 124.832201, 112.210163, 106.075287 ] }, { "date": "2026-04-10", "close": 132.982251, "volume": 5946220, "typical_volume": 4335474.65, "trend": 101.208695, "fair_value": 120.507963, "relative_strength": 25.959488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.023181, "energy": 84.810115, "activity_lines": [ 136.260966, 127.813344, 114.955267, 108.194563 ] }, { "date": "2026-04-17", "close": 122.485999, "volume": 4164598, "typical_volume": 4429317.2, "trend": 102.056216, "fair_value": 120.541811, "relative_strength": 9.412652, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.185407, "energy": 62.33779, "activity_lines": [ 132.363775, 128.255733, 116.495192, 109.567293 ] }, { "date": "2026-04-24", "close": 134.112159, "volume": 3495993, "typical_volume": 4451298.5, "trend": 103.157182, "fair_value": 120.649445, "relative_strength": 17.047195, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.262103, "energy": 55.533907, "activity_lines": [ 132.33338, 130.419723, 118.997466, 111.635418 ] }, { "date": "2026-05-01", "close": 143.775846, "volume": 3779831, "typical_volume": 4492003.35, "trend": 104.754335, "fair_value": 120.836781, "relative_strength": 23.117272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.103584, "energy": 57.206028, "activity_lines": [ 135.299553, 133.721602, 122.237525, 114.255977 ] }, { "date": "2026-05-08", "close": 135.232155, "volume": 4038132, "typical_volume": 4510792.0, "trend": 106.341979, "fair_value": 120.949481, "relative_strength": 9.642263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.839372, "energy": 46.790095, "activity_lines": [ 135.436992, 134.73515, 124.433959, 116.222288 ] }, { "date": "2026-05-15", "close": 147.076367, "volume": 3181789, "typical_volume": 4594660.45, "trend": 108.351828, "fair_value": 121.098032, "relative_strength": 19.20476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.544392, "energy": 57.238746, "activity_lines": [ 139.889887, 137.375917, 127.535533, 118.850313 ] }, { "date": "2026-05-22", "close": 143.98, "volume": 4666047, "typical_volume": 4695743.65, "trend": 110.170144, "fair_value": 121.216575, "relative_strength": 14.889459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.410339, "energy": 54.829766, "activity_lines": [ 142.371052, 138.943728, 130.062372, 121.148905 ] }, { "date": "2026-05-29", "close": 131.87, "volume": 2890229, "typical_volume": 4631188.3, "trend": 111.641526, "fair_value": 121.253273, "relative_strength": 2.126005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.694935, "energy": 44.078922, "activity_lines": [ 139.382617, 137.916578, 131.192451, 122.548895 ] }, { "date": "2026-06-05", "close": 134.79, "volume": 2843644, "typical_volume": 4534950.4, "trend": 113.317258, "fair_value": 121.299287, "relative_strength": 9.075574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.096638, "energy": 38.862168, "activity_lines": [ 137.516993, 137.399833, 132.402954, 124.042345 ] }, { "date": "2026-06-12", "close": 135.34, "volume": 3058109, "typical_volume": 4552072.3, "trend": 114.827266, "fair_value": 121.347205, "relative_strength": 7.110357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.571483, "energy": 26.836819, "activity_lines": [ 136.433758, 137.151692, 133.455057, 125.463167 ] }, { "date": "2026-06-19", "close": 123.12, "volume": 5062029, "typical_volume": 4615387.6, "trend": 115.937272, "fair_value": 121.343378, "relative_strength": -4.85605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.724107, "energy": 18.824327, "activity_lines": [ 131.27, 134.779969, 133.145036, 125.998182 ] }, { "date": "2026-06-26", "close": 116.59, "volume": 4953868, "typical_volume": 4670830.1, "trend": 116.755073, "fair_value": 121.259593, "relative_strength": -5.5792, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.87246, "energy": 14.923248, "activity_lines": [ 125.526667, 131.400287, 132.094983, 126.040294 ] }, { "date": "2026-07-03", "close": 113.32, "volume": 3543863, "typical_volume": 4705570.85, "trend": 117.339968, "fair_value": 121.145984, "relative_strength": -8.801286, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.900431, "energy": 25.833578, "activity_lines": [ 120.519333, 127.533259, 130.658846, 125.818676 ] }, { "date": "2026-07-10", "close": 117.39, "volume": 3980991, "typical_volume": 4689006.55, "trend": 118.07001, "fair_value": 121.09759, "relative_strength": -6.929576, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.35315, "energy": 31.096819, "activity_lines": [ 118.105333, 124.784271, 129.547182, 125.821904 ] }, { "date": "2026-07-17", "close": 128.1, "volume": 3853636, "typical_volume": 4619431.9, "trend": 119.39244, "fair_value": 121.114122, "relative_strength": 5.939967, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.843461, "energy": 27.170545, "activity_lines": [ 120.421333, 124.462298, 129.388682, 126.469 ] }, { "date": "2026-07-24", "close": 138.36, "volume": 4138106, "typical_volume": 4436526.25, "trend": 121.060793, "fair_value": 121.15935, "relative_strength": 16.047239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.336554, "energy": 17.588338, "activity_lines": [ 126.64, 126.135455, 130.103454, 127.692714 ] }, { "date": "2026-07-31", "close": 140.38, "volume": 3534359, "typical_volume": 4193604.75, "trend": 122.644786, "fair_value": 121.200774, "relative_strength": 16.828851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.982093, "energy": 29.101294, "activity_lines": [ 132.516, 128.334364, 130.918548, 128.939114 ] }, { "date": "2026-08-07", "close": 131.35, "volume": 4763562, "typical_volume": 4049699.3, "trend": 124.011144, "fair_value": 121.186529, "relative_strength": 3.8664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.915602, "energy": 30.835527, "activity_lines": [ 133.796, 128.956909, 130.787818, 129.500741 ] } ], "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." } } }