{ "ticker": { "uuid": "da455fe6-cc25-4bd7-b61f-8e574d402b82", "symbol": "EWH", "name": "iShares MSCI Hong Kong ETF", "exchange": "MEX", "country": "MX", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 74.092, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -22.879, "architecture_energy": 36.232, "architecture_maturity": 69.719, "architecture_confidence": 67.573, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 42.64, "rotation_up": 43.78, "upward_expansion": 24.43, "deceleration": 44.17, "rotation_down": 20.16, "downward_expansion": 58.43 }, "activity_lines": [ 387.63267, 381.530118, 385.841474, 390.68076 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 392.01001, "trend_reference": 395.565979, "distance_from_trend": -0.00899, "trend_direction": "Weakening", "fair_value": 335.358528, "distance_from_fair_value": 0.168928, "fair_value_direction": "Weakening", "relative_strength": -2.243742, "relative_strength_direction": "Improving", "price_momentum": -0.034458, "excess_performance": 0.020209, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.00899, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.013301, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.168928, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.086222, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.022437, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0102, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.034458, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 241.98579, "read": "Demand-led" } ], "volume": { "latest": 400, "relative_activity": 0.007504, "balance": 241.98579, "dry_up": 4.948861, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.017953, "annualized_volatility": 0.1356, "from_high_reference": -0.059129, "from_low_reference": 0.072091 }, "levels": { "trend_reference": 395.565979, "fair_value_reference": 335.358528, "structural_low": 365.649994, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": -0.01022, "positive_rate": 0.323529, "directional_follow_through": 0.647059, "median_excess_return": 0.000288, "regime_survival": 0.882353, "best_return": 0.142987, "worst_return": -0.161646, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.019854, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.036412, "regime_survival": 0.666667, "best_return": 0.184945, "worst_return": -0.144603, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.055272, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.072139, "regime_survival": 0.428571, "best_return": 0.349483, "worst_return": -0.164655, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.15427, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.12339, "regime_survival": 0.25, "best_return": 0.26564, "worst_return": -0.196951, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": 0.001811, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": -0.014242, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-10-10", "tenure": "Established", "return": 0.054856, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": 0.013307, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.033227, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.010365, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-04-17", "tenure": "Established", "return": 0.002324, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": 0.032808, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-05-22", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": -0.053089, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.059487, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 310.045685, "volume": 0, "typical_volume": 4975.15, "trend": 350.198872, "fair_value": 436.828384, "relative_strength": -17.040179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.252619, "energy": 66.74114, "activity_lines": [ 312.627623, 313.323311, 323.714419, 334.10015 ] }, { "date": "2023-08-25", "close": 289.311676, "volume": 182, "typical_volume": 4763.9, "trend": 345.975011, "fair_value": 435.62909, "relative_strength": -21.899763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.725363, "energy": 74.590939, "activity_lines": [ 304.796279, 308.545988, 319.377158, 330.171944 ] }, { "date": "2023-09-01", "close": 310.045685, "volume": 11, "typical_volume": 4752.25, "trend": 342.979271, "fair_value": 434.63659, "relative_strength": -15.628862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.031338, "energy": 65.989573, "activity_lines": [ 305.162101, 308.274914, 317.374254, 327.853923 ] }, { "date": "2023-09-08", "close": 310.045685, "volume": 0, "typical_volume": 4752.0, "trend": 339.983532, "fair_value": 433.674875, "relative_strength": -14.079284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.734783, "energy": 65.423007, "activity_lines": [ 305.898883, 308.223015, 315.620057, 325.729175 ] }, { "date": "2023-09-15", "close": 290.083191, "volume": 311, "typical_volume": 4722.2, "trend": 336.322376, "fair_value": 432.563399, "relative_strength": -17.230621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.311535, "energy": 74.298281, "activity_lines": [ 300.626986, 304.706041, 312.208789, 322.509798 ] }, { "date": "2023-09-22", "close": 290.555725, "volume": 300, "typical_volume": 4737.2, "trend": 333.643999, "fair_value": 431.500823, "relative_strength": -16.974047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.041353, "energy": 71.171229, "activity_lines": [ 296.843433, 301.677739, 309.170874, 319.557111 ] }, { "date": "2023-09-29", "close": 290.555725, "volume": 0, "typical_volume": 4737.2, "trend": 330.965623, "fair_value": 430.408015, "relative_strength": -14.985812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.354232, "energy": 72.690189, "activity_lines": [ 294.35921, 298.977498, 306.45906, 316.777223 ] }, { "date": "2023-10-06", "close": 287.382935, "volume": 133, "typical_volume": 4743.85, "trend": 328.181487, "fair_value": 429.276398, "relative_strength": -13.239735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.961941, "energy": 87.575407, "activity_lines": [ 290.734454, 296.028448, 303.771176, 313.965436 ] }, { "date": "2023-10-13", "close": 287.382935, "volume": 0, "typical_volume": 4743.85, "trend": 325.556649, "fair_value": 428.175566, "relative_strength": -12.08947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.57705, "energy": 87.802316, "activity_lines": [ 288.620549, 293.592619, 301.424501, 311.333272 ] }, { "date": "2023-10-20", "close": 299.919769, "volume": 18, "typical_volume": 4349.95, "trend": 323.638751, "fair_value": 427.155098, "relative_strength": -5.647633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.225736, "energy": 64.098289, "activity_lines": [ 292.196438, 294.024305, 300.613018, 309.679279 ] }, { "date": "2023-10-27", "close": 299.919769, "volume": 0, "typical_volume": 4347.0, "trend": 321.742052, "fair_value": 426.276179, "relative_strength": -6.891312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.249357, "energy": 51.710062, "activity_lines": [ 295.116555, 294.6401, 299.952469, 308.149022 ] }, { "date": "2023-11-03", "close": 299.919769, "volume": 0, "typical_volume": 4019.8, "trend": 319.577822, "fair_value": 425.280339, "relative_strength": -10.966269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.739192, "energy": 36.46196, "activity_lines": [ 297.412402, 295.440001, 299.415911, 306.741133 ] }, { "date": "2023-11-10", "close": 299.919769, "volume": 0, "typical_volume": 4018.5, "trend": 317.499345, "fair_value": 424.203843, "relative_strength": -10.769689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.541426, "energy": 32.349067, "activity_lines": [ 299.08398, 296.047029, 299.021712, 305.472872 ] }, { "date": "2023-11-17", "close": 298.21283, "volume": 765, "typical_volume": 3429.9, "trend": 315.396086, "fair_value": 423.087344, "relative_strength": -13.322905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.673398, "energy": 25.946913, "activity_lines": [ 299.350789, 296.527811, 298.57057, 304.22858 ] }, { "date": "2023-11-24", "close": 298.21283, "volume": 0, "typical_volume": 3121.6, "trend": 313.36862, "fair_value": 421.978603, "relative_strength": -13.375469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.40705, "energy": 25.329877, "activity_lines": [ 298.895606, 297.223736, 298.218849, 303.119983 ] }, { "date": "2023-12-01", "close": 287.382935, "volume": 1906, "typical_volume": 3188.75, "trend": 310.980158, "fair_value": 420.865457, "relative_strength": -17.511978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.725348, "energy": 68.763492, "activity_lines": [ 294.944253, 295.802778, 296.902481, 301.443487 ] }, { "date": "2023-12-08", "close": 287.382935, "volume": 0, "typical_volume": 3188.75, "trend": 308.591695, "fair_value": 419.751818, "relative_strength": -17.715558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.227582, "energy": 90.078469, "activity_lines": [ 291.828689, 294.439507, 295.687143, 299.921086 ] }, { "date": "2023-12-15", "close": 287.382935, "volume": 0, "typical_volume": 329.7, "trend": 306.203233, "fair_value": 418.643173, "relative_strength": -20.936551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.115481, "energy": 95.062971, "activity_lines": [ 289.548914, 293.133922, 294.572834, 298.552779 ] }, { "date": "2023-12-22", "close": 288.762085, "volume": 7, "typical_volume": 329.4, "trend": 303.860742, "fair_value": 417.555997, "relative_strength": -20.134286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.919227, "energy": 88.027462, "activity_lines": [ 288.564645, 292.079093, 293.724288, 297.427544 ] }, { "date": "2023-12-29", "close": 285.864807, "volume": 106, "typical_volume": 186.95, "trend": 302.335713, "fair_value": 416.333767, "relative_strength": -20.250134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.069362, "energy": 92.827788, "activity_lines": [ 287.244666, 290.47241, 292.747267, 296.266515 ] }, { "date": "2024-01-05", "close": 275.241455, "volume": 17, "typical_volume": 187.8, "trend": 300.645166, "fair_value": 414.962807, "relative_strength": -20.827033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.716306, "energy": 98.906018, "activity_lines": [ 283.206771, 287.189753, 290.873645, 294.518499 ] }, { "date": "2024-01-12", "close": 268.539063, "volume": 592, "typical_volume": 208.3, "trend": 298.602625, "fair_value": 413.542722, "relative_strength": -21.301415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.760758, "energy": 79.93879, "activity_lines": [ 277.744177, 283.137177, 288.527434, 292.447137 ] }, { "date": "2024-01-19", "close": 257.664642, "volume": 97, "typical_volume": 212.6, "trend": 296.454769, "fair_value": 411.977165, "relative_strength": -23.619616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -98.49795, "energy": 99.456814, "activity_lines": [ 269.913035, 277.677991, 285.244482, 289.805977 ] }, { "date": "2024-01-26", "close": 257.664642, "volume": 0, "typical_volume": 212.6, "trend": 294.407207, "fair_value": 410.475053, "relative_strength": -24.777029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.029274, "energy": 98.609245, "activity_lines": [ 264.063112, 272.98708, 282.210963, 287.303388 ] }, { "date": "2024-02-02", "close": 260.706757, "volume": 166, "typical_volume": 205.35, "trend": 292.689607, "fair_value": 408.919141, "relative_strength": -24.981224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.989884, "energy": 90.894331, "activity_lines": [ 261.300391, 269.586521, 279.716603, 285.129166 ] }, { "date": "2024-02-09", "close": 266.501373, "volume": 53, "typical_volume": 193.0, "trend": 291.286349, "fair_value": 407.34894, "relative_strength": -21.357962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.6535, "energy": 88.615709, "activity_lines": [ 262.146411, 267.921457, 277.913999, 283.439602 ] }, { "date": "2024-02-16", "close": 266.501373, "volume": 0, "typical_volume": 193.0, "trend": 289.88309, "fair_value": 405.577067, "relative_strength": -20.371387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.217188, "energy": 68.289647, "activity_lines": [ 263.575104, 266.636057, 276.22594, 281.840572 ] }, { "date": "2024-02-23", "close": 273.309937, "volume": 724, "typical_volume": 222.55, "trend": 288.473086, "fair_value": 403.935015, "relative_strength": -17.05283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.5994, "energy": 59.207886, "activity_lines": [ 267.409163, 266.968243, 275.300859, 280.771336 ] }, { "date": "2024-03-01", "close": 273.309937, "volume": 0, "typical_volume": 222.55, "trend": 286.925818, "fair_value": 402.268323, "relative_strength": -14.832895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.257002, "energy": 44.174505, "activity_lines": [ 270.200204, 267.556302, 274.442793, 279.793068 ] }, { "date": "2024-03-08", "close": 263.575104, "volume": 648, "typical_volume": 254.05, "trend": 285.376799, "fair_value": 400.446832, "relative_strength": -16.348697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.092639, "energy": 50.589548, "activity_lines": [ 268.70328, 266.65534, 272.724615, 278.286571 ] }, { "date": "2024-03-15", "close": 263.575104, "volume": 0, "typical_volume": 254.05, "trend": 283.827779, "fair_value": 398.760856, "relative_strength": -17.618602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.307418, "energy": 53.245189, "activity_lines": [ 267.015133, 266.159644, 271.179506, 276.88001 ] }, { "date": "2024-03-22", "close": 261.720856, "volume": 1233, "typical_volume": 315.7, "trend": 282.908085, "fair_value": 397.09139, "relative_strength": -18.155486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.565202, "energy": 66.75957, "activity_lines": [ 264.903988, 265.538928, 269.630872, 275.453757 ] }, { "date": "2024-03-29", "close": 261.720856, "volume": 0, "typical_volume": 315.7, "trend": 281.297258, "fair_value": 395.421001, "relative_strength": -18.667847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.760154, "energy": 68.645901, "activity_lines": [ 263.111544, 265.04218, 268.264137, 274.086839 ] }, { "date": "2024-04-05", "close": 261.720856, "volume": 0, "typical_volume": 277.45, "trend": 279.68643, "fair_value": 393.738538, "relative_strength": -19.038233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.42699, "energy": 83.135335, "activity_lines": [ 262.091706, 264.471682, 267.079302, 272.823845 ] }, { "date": "2024-04-12", "close": 261.720856, "volume": 0, "typical_volume": 277.45, "trend": 278.741019, "fair_value": 392.071475, "relative_strength": -16.2673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.315865, "energy": 87.537418, "activity_lines": [ 261.844473, 263.827435, 266.068239, 271.664776 ] }, { "date": "2024-04-19", "close": 261.720856, "volume": 0, "typical_volume": 182.15, "trend": 277.779856, "fair_value": 390.392093, "relative_strength": -14.623898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.30103, "energy": 88.199614, "activity_lines": [ 261.720856, 263.16475, 265.230946, 270.566701 ] }, { "date": "2024-04-26", "close": 259.789307, "volume": 7, "typical_volume": 182.5, "trend": 276.754309, "fair_value": 388.66688, "relative_strength": -17.558104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.928358, "energy": 91.666253, "activity_lines": [ 261.077006, 262.237792, 264.331897, 269.40602 ] }, { "date": "2024-05-03", "close": 259.789307, "volume": 0, "typical_volume": 182.5, "trend": 275.834522, "fair_value": 386.941667, "relative_strength": -15.960287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.045903, "energy": 88.88469, "activity_lines": [ 260.561927, 261.432872, 263.564246, 268.311504 ] }, { "date": "2024-05-10", "close": 259.789307, "volume": 0, "typical_volume": 182.15, "trend": 274.914734, "fair_value": 385.260559, "relative_strength": -16.203292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.241027, "energy": 90.16553, "activity_lines": [ 260.175617, 260.873782, 262.927994, 267.276329 ] }, { "date": "2024-05-17", "close": 259.789307, "volume": 0, "typical_volume": 176.85, "trend": 273.577052, "fair_value": 383.569041, "relative_strength": -15.370292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.297787, "energy": 68.984492, "activity_lines": [ 259.918077, 260.560521, 262.429707, 266.300495 ] }, { "date": "2024-05-24", "close": 259.789307, "volume": 0, "typical_volume": 176.0, "trend": 272.23937, "fair_value": 381.877522, "relative_strength": -11.430806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.211997, "energy": 88.218636, "activity_lines": [ 259.789307, 260.316093, 262.055589, 265.410963 ] }, { "date": "2024-05-31", "close": 259.789307, "volume": 0, "typical_volume": 146.4, "trend": 270.901688, "fair_value": 380.062561, "relative_strength": -10.561023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.983178, "energy": 85.26578, "activity_lines": [ 259.789307, 260.140498, 261.755053, 264.607733 ] }, { "date": "2024-06-07", "close": 285.575073, "volume": 6, "typical_volume": 141.85, "trend": 270.423531, "fair_value": 378.410542, "relative_strength": 2.623568, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 30.942596, "energy": 50.643058, "activity_lines": [ 268.384562, 264.688343, 263.951969, 265.554403 ] }, { "date": "2024-06-14", "close": 284.029022, "volume": 396, "typical_volume": 161.65, "trend": 269.950738, "fair_value": 376.929525, "relative_strength": 3.760854, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.781717, "energy": 64.460595, "activity_lines": [ 274.745416, 268.521374, 265.868736, 266.432176 ] }, { "date": "2024-06-21", "close": 284.029022, "volume": 0, "typical_volume": 153.35, "trend": 269.477944, "fair_value": 375.409366, "relative_strength": 2.897562, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 65.651317, "energy": 81.072852, "activity_lines": [ 279.490289, 271.948803, 267.659958, 267.340453 ] }, { "date": "2024-06-28", "close": 284.029022, "volume": 0, "typical_volume": 150.7, "trend": 269.366147, "fair_value": 373.931, "relative_strength": 3.789438, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 54.708625, "energy": 84.143467, "activity_lines": [ 282.619181, 274.970628, 269.340122, 268.279232 ] }, { "date": "2024-07-05", "close": 284.029022, "volume": 0, "typical_volume": 150.7, "trend": 269.25435, "fair_value": 372.463912, "relative_strength": 4.14147, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.332816, "energy": 79.115574, "activity_lines": [ 284.132092, 277.586851, 270.936821, 269.225224 ] }, { "date": "2024-07-12", "close": 261.645142, "volume": 291, "typical_volume": 129.05, "trend": 268.396423, "fair_value": 370.853338, "relative_strength": -8.30865, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 36.757267, "energy": 51.616883, "activity_lines": [ 276.567729, 275.692555, 270.318256, 268.734307 ] }, { "date": "2024-07-19", "close": 271.198181, "volume": 196, "typical_volume": 138.85, "trend": 267.81096, "fair_value": 369.306406, "relative_strength": -2.45338, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 43.83807, "energy": 31.895814, "activity_lines": [ 273.78304, 275.501433, 270.665052, 268.915066 ] }, { "date": "2024-07-26", "close": 271.198181, "volume": 0, "typical_volume": 106.45, "trend": 267.322072, "fair_value": 367.759473, "relative_strength": -0.642187, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.902788, "energy": 35.809252, "activity_lines": [ 271.853741, 275.102876, 271.021903, 269.133596 ] }, { "date": "2024-08-02", "close": 271.198181, "volume": 0, "typical_volume": 106.45, "trend": 267.187297, "fair_value": 366.212541, "relative_strength": 0.729465, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.578896, "energy": 38.859055, "activity_lines": [ 270.779832, 274.496886, 271.342454, 269.383668 ] }, { "date": "2024-08-09", "close": 271.198181, "volume": 0, "typical_volume": 44.8, "trend": 267.275934, "fair_value": 364.795052, "relative_strength": -0.542898, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.85788, "energy": 26.742036, "activity_lines": [ 270.561312, 273.683462, 271.626705, 269.642434 ] }, { "date": "2024-08-16", "close": 271.198181, "volume": 0, "typical_volume": 44.8, "trend": 267.727052, "fair_value": 363.328251, "relative_strength": -2.143057, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.197186, "energy": 20.398464, "activity_lines": [ 271.198181, 272.662603, 271.865826, 269.895483 ] }, { "date": "2024-08-23", "close": 271.198181, "volume": 0, "typical_volume": 44.8, "trend": 268.17817, "fair_value": 361.855286, "relative_strength": -0.92124, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.374077, "energy": 13.354751, "activity_lines": [ 271.198181, 271.903143, 272.059816, 270.119426 ] }, { "date": "2024-08-30", "close": 271.198181, "volume": 0, "typical_volume": 44.8, "trend": 268.527884, "fair_value": 360.406977, "relative_strength": 0.427405, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.369805, "energy": 11.353679, "activity_lines": [ 271.198181, 271.37697, 272.208676, 270.314266 ] }, { "date": "2024-09-06", "close": 271.198181, "volume": 0, "typical_volume": 44.8, "trend": 268.684444, "fair_value": 359.001815, "relative_strength": 4.259405, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.551386, "energy": 16.21679, "activity_lines": [ 271.198181, 271.084086, 272.312407, 270.486543 ] }, { "date": "2024-09-13", "close": 296.550507, "volume": 2515, "typical_volume": 170.2, "trend": 269.686082, "fair_value": 357.885653, "relative_strength": 11.938067, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 88.931137, "energy": 86.44171, "activity_lines": [ 279.648956, 275.634003, 274.785514, 272.284354 ] }, { "date": "2024-09-20", "close": 313.916168, "volume": 383, "typical_volume": 189.35, "trend": 271.039623, "fair_value": 356.908423, "relative_strength": 17.924133, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.144858, "energy": 97.517744, "activity_lines": [ 292.19813, 283.11365, 278.73744, 275.137908 ] }, { "date": "2024-09-27", "close": 313.916168, "volume": 0, "typical_volume": 189.35, "trend": 272.393164, "fair_value": 355.911284, "relative_strength": 16.507072, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.134037, "energy": 97.91005, "activity_lines": [ 301.899438, 289.642915, 282.43162, 277.904136 ] }, { "date": "2024-10-04", "close": 364.040619, "volume": 818, "typical_volume": 230.25, "trend": 275.742015, "fair_value": 355.16907, "relative_strength": 34.9663, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.216854, "energy": 98.999873, "activity_lines": [ 325.461031, 304.509025, 290.64181, 283.816875 ] }, { "date": "2024-10-11", "close": 352.824493, "volume": 2016, "typical_volume": 331.05, "trend": 278.716994, "fair_value": 354.351691, "relative_strength": 30.894023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.331592, "energy": 98.012854, "activity_lines": [ 339.094419, 315.647796, 297.287362, 288.789938 ] }, { "date": "2024-10-18", "close": 352.824493, "volume": 0, "typical_volume": 331.05, "trend": 281.753782, "fair_value": 353.531415, "relative_strength": 29.121708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.259964, "energy": 94.839821, "activity_lines": [ 347.286053, 325.302452, 303.48989, 293.571067 ] }, { "date": "2024-10-25", "close": 346.394562, "volume": 640, "typical_volume": 362.75, "trend": 284.576239, "fair_value": 352.626095, "relative_strength": 29.538492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.665028, "energy": 89.01634, "activity_lines": [ 349.582778, 332.303914, 308.637019, 297.74144 ] }, { "date": "2024-11-01", "close": 350.581268, "volume": 894, "typical_volume": 387.65, "trend": 287.538253, "fair_value": 351.7298, "relative_strength": 33.578512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.310916, "energy": 88.328538, "activity_lines": [ 351.109845, 338.69939, 313.893265, 301.999829 ] }, { "date": "2024-11-08", "close": 350.987366, "volume": 365, "typical_volume": 405.9, "trend": 290.513803, "fair_value": 350.929984, "relative_strength": 30.135619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.99755, "energy": 68.900301, "activity_lines": [ 350.327938, 343.725372, 318.871272, 306.09332 ] }, { "date": "2024-11-15", "close": 346.152832, "volume": 15, "typical_volume": 406.65, "trend": 293.328202, "fair_value": 350.099178, "relative_strength": 31.260212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.469438, "energy": 66.818882, "activity_lines": [ 348.804736, 346.421635, 323.069997, 309.682935 ] }, { "date": "2024-11-22", "close": 346.152832, "volume": 0, "typical_volume": 406.65, "trend": 296.206986, "fair_value": 349.063545, "relative_strength": 30.770336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.59854, "energy": 61.910647, "activity_lines": [ 347.726312, 347.755087, 326.972895, 313.090976 ] }, { "date": "2024-11-29", "close": 338.330536, "volume": 512, "typical_volume": 417.7, "trend": 298.825027, "fair_value": 348.153872, "relative_strength": 28.710673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.16986, "energy": 56.468635, "activity_lines": [ 344.485234, 346.764443, 329.834985, 315.808624 ] }, { "date": "2024-12-06", "close": 338.330536, "volume": 0, "typical_volume": 407.9, "trend": 301.443068, "fair_value": 347.2442, "relative_strength": 24.268959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.328911, "energy": 49.900472, "activity_lines": [ 341.781757, 345.329901, 332.331906, 318.357367 ] }, { "date": "2024-12-13", "close": 340.496429, "volume": 296, "typical_volume": 422.7, "trend": 304.133306, "fair_value": 346.386498, "relative_strength": 23.705439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.094744, "energy": 46.998241, "activity_lines": [ 340.61696, 343.84526, 334.715425, 320.876938 ] }, { "date": "2024-12-20", "close": 326.659332, "volume": 1485, "typical_volume": 496.95, "trend": 306.362307, "fair_value": 345.440097, "relative_strength": 22.85878, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.713049, "energy": 35.418561, "activity_lines": [ 335.539193, 340.272859, 335.451133, 322.33023 ] }, { "date": "2024-12-27", "close": 326.852875, "volume": 43, "typical_volume": 499.1, "trend": 308.597759, "fair_value": 344.579806, "relative_strength": 22.941477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.394481, "energy": 34.105353, "activity_lines": [ 331.825507, 337.211379, 335.941173, 323.652202 ] }, { "date": "2025-01-03", "close": 326.852875, "volume": 25, "typical_volume": 500.35, "trend": 309.973686, "fair_value": 343.763302, "relative_strength": 22.998783, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 15.373008, "energy": 49.984608, "activity_lines": [ 329.398484, 334.622109, 336.166191, 324.829952 ] }, { "date": "2025-01-10", "close": 318.91629, "volume": 285, "typical_volume": 514.6, "trend": 311.136595, "fair_value": 342.815071, "relative_strength": 17.79665, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -30.482678, "energy": 54.569716, "activity_lines": [ 325.091111, 330.945128, 335.370321, 325.406894 ] }, { "date": "2025-01-17", "close": 318.91629, "volume": 0, "typical_volume": 514.6, "trend": 312.299504, "fair_value": 341.862153, "relative_strength": 16.272361, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -27.317434, "energy": 73.032566, "activity_lines": [ 322.078021, 327.843873, 334.347223, 325.90881 ] }, { "date": "2025-01-24", "close": 325.60434, "volume": 1618, "typical_volume": 595.5, "trend": 313.685347, "fair_value": 340.947605, "relative_strength": 14.710493, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.730108, "energy": 65.07048, "activity_lines": [ 322.732957, 326.541738, 333.733852, 326.767186 ] }, { "date": "2025-01-31", "close": 328.111115, "volume": 104, "typical_volume": 474.95, "trend": 315.154751, "fair_value": 340.022792, "relative_strength": 15.153988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.48505, "energy": 42.640139, "activity_lines": [ 324.293817, 326.068989, 333.100145, 327.697881 ] }, { "date": "2025-02-07", "close": 331.014771, "volume": 11, "typical_volume": 456.35, "trend": 317.467072, "fair_value": 339.116593, "relative_strength": 12.009247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.903126, "energy": 21.994228, "activity_lines": [ 326.73868, 326.452209, 332.592687, 328.721108 ] }, { "date": "2025-02-14", "close": 332.563354, "volume": 899, "typical_volume": 501.3, "trend": 319.512577, "fair_value": 338.22032, "relative_strength": 9.352714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.20502, "energy": 32.096229, "activity_lines": [ 329.422278, 327.250003, 332.151293, 329.695062 ] }, { "date": "2025-02-21", "close": 333.482819, "volume": 1370, "typical_volume": 528.9, "trend": 321.588732, "fair_value": 337.329941, "relative_strength": 9.828173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.259726, "energy": 38.660268, "activity_lines": [ 331.50256, 328.319831, 331.70867, 330.596368 ] }, { "date": "2025-02-28", "close": 333.482819, "volume": 0, "typical_volume": 428.1, "trend": 323.664886, "fair_value": 336.626798, "relative_strength": 12.239361, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.592349, "energy": 42.84709, "activity_lines": [ 332.611739, 329.517179, 331.41156, 331.363728 ] }, { "date": "2025-03-07", "close": 358.14444, "volume": 178, "typical_volume": 437.0, "trend": 326.563095, "fair_value": 336.127195, "relative_strength": 18.572174, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.653584, "energy": 64.071194, "activity_lines": [ 341.416227, 335.074394, 333.555279, 333.588216 ] }, { "date": "2025-03-14", "close": 358.792908, "volume": 2160, "typical_volume": 513.0, "trend": 329.482919, "fair_value": 335.631748, "relative_strength": 18.732873, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.691218, "energy": 96.695168, "activity_lines": [ 348.43465, 340.180576, 335.735424, 335.667558 ] }, { "date": "2025-03-21", "close": 356.208649, "volume": 39, "typical_volume": 470.25, "trend": 332.316602, "fair_value": 335.123189, "relative_strength": 16.623227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.330125, "energy": 94.75714, "activity_lines": [ 352.739777, 344.236164, 337.61041, 337.391799 ] }, { "date": "2025-03-28", "close": 356.208649, "volume": 0, "typical_volume": 452.0, "trend": 335.150284, "fair_value": 334.61463, "relative_strength": 14.712417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.579613, "energy": 90.706468, "activity_lines": [ 355.468551, 347.613709, 339.458598, 338.933221 ] }, { "date": "2025-04-04", "close": 319.400208, "volume": 286, "typical_volume": 465.55, "trend": 336.757018, "fair_value": 333.834104, "relative_strength": 5.705062, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 22.394716, "energy": 32.038412, "activity_lines": [ 344.412789, 343.620767, 337.776358, 337.917088 ] }, { "date": "2025-04-11", "close": 310.698975, "volume": 6432, "typical_volume": 787.15, "trend": 337.228634, "fair_value": 333.127619, "relative_strength": 2.26229, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -45.52948, "energy": 39.412319, "activity_lines": [ 331.395457, 338.158586, 335.392822, 336.235923 ] }, { "date": "2025-04-18", "close": 314.880188, "volume": 785, "typical_volume": 800.8, "trend": 337.260768, "fair_value": 332.447937, "relative_strength": 0.258076, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.740435, "energy": 60.696294, "activity_lines": [ 322.934894, 333.773209, 333.576324, 334.794088 ] }, { "date": "2025-04-25", "close": 314.851166, "volume": 20, "typical_volume": 801.8, "trend": 337.291934, "fair_value": 331.768069, "relative_strength": -6.614437, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.712131, "energy": 69.175016, "activity_lines": [ 317.392171, 329.675912, 331.868731, 333.348308 ] }, { "date": "2025-05-02", "close": 314.851166, "volume": 0, "typical_volume": 787.0, "trend": 335.652286, "fair_value": 331.196127, "relative_strength": -5.429765, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.328785, "energy": 87.540546, "activity_lines": [ 314.606614, 325.900654, 330.272945, 331.900516 ] }, { "date": "2025-05-09", "close": 314.851166, "volume": 0, "typical_volume": 712.75, "trend": 334.386508, "fair_value": 330.624185, "relative_strength": -6.985725, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.446949, "energy": 87.209794, "activity_lines": [ 314.578223, 322.464154, 328.799278, 330.558508 ] }, { "date": "2025-05-16", "close": 354.243866, "volume": 85, "typical_volume": 714.85, "trend": 334.433821, "fair_value": 330.304761, "relative_strength": 1.539119, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -11.295768, "energy": 15.354684, "activity_lines": [ 327.984001, 326.528721, 331.133527, 331.839628 ] }, { "date": "2025-05-23", "close": 354.243866, "volume": 0, "typical_volume": 713.6, "trend": 334.695464, "fair_value": 329.923664, "relative_strength": 0.361807, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.244614, "energy": 37.138567, "activity_lines": [ 338.486786, 330.664206, 333.337343, 333.117696 ] }, { "date": "2025-05-30", "close": 354.243866, "volume": 0, "typical_volume": 699.35, "trend": 334.817551, "fair_value": 329.542567, "relative_strength": 0.893789, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.578989, "energy": 49.483462, "activity_lines": [ 346.365326, 334.882402, 335.410725, 334.378883 ] }, { "date": "2025-06-06", "close": 354.243866, "volume": 0, "typical_volume": 699.35, "trend": 334.926101, "fair_value": 329.183046, "relative_strength": 0.286188, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.090642, "energy": 71.135412, "activity_lines": [ 351.617686, 339.136321, 337.315881, 335.632193 ] }, { "date": "2025-06-13", "close": 361.019012, "volume": 165, "typical_volume": 626.7, "trend": 335.42164, "fair_value": 328.866956, "relative_strength": 3.036774, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.899852, "energy": 93.325764, "activity_lines": [ 356.502248, 344.657808, 339.698062, 337.315607 ] }, { "date": "2025-06-20", "close": 354.738678, "volume": 8323, "typical_volume": 1037.65, "trend": 335.707835, "fair_value": 328.542269, "relative_strength": 3.056346, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.741724, "energy": 87.59746, "activity_lines": [ 356.215509, 348.280711, 341.313475, 338.561868 ] }, { "date": "2025-06-27", "close": 364.331451, "volume": 19, "typical_volume": 1038.05, "trend": 336.574532, "fair_value": 328.119841, "relative_strength": 3.46198, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.403736, "energy": 90.506816, "activity_lines": [ 359.093373, 352.847032, 343.715687, 340.408552 ] }, { "date": "2025-07-04", "close": 364.331451, "volume": 0, "typical_volume": 993.1, "trend": 337.441229, "fair_value": 327.651864, "relative_strength": 2.141564, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.691509, "energy": 92.392113, "activity_lines": [ 361.298732, 356.514239, 345.959249, 342.199321 ] }, { "date": "2025-07-11", "close": 358.130066, "volume": 8789, "typical_volume": 1364.05, "trend": 338.029017, "fair_value": 327.144135, "relative_strength": 2.35723, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.619944, "energy": 83.609156, "activity_lines": [ 360.764457, 358.154281, 347.460925, 343.534085 ] }, { "date": "2025-07-18", "close": 358.130066, "volume": 0, "typical_volume": 1364.05, "trend": 339.078042, "fair_value": 326.713553, "relative_strength": 2.521302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.136357, "energy": 83.795524, "activity_lines": [ 359.971102, 359.007433, 348.845234, 344.830927 ] }, { "date": "2025-07-25", "close": 375.668365, "volume": 5, "typical_volume": 1355.4, "trend": 340.705225, "fair_value": 326.395397, "relative_strength": 5.110577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.572323, "energy": 90.859739, "activity_lines": [ 365.216443, 362.262478, 351.782489, 347.191593 ] }, { "date": "2025-08-01", "close": 373.081207, "volume": 8208, "typical_volume": 1657.8, "trend": 342.246169, "fair_value": 326.169034, "relative_strength": 4.721749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.188666, "energy": 68.52884, "activity_lines": [ 368.204085, 364.657594, 354.389901, 349.280366 ] }, { "date": "2025-08-08", "close": 373.081207, "volume": 0, "typical_volume": 1655.85, "trend": 344.051666, "fair_value": 325.942672, "relative_strength": 2.199575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.302643, "energy": 67.755426, "activity_lines": [ 370.60841, 366.710213, 356.929274, 351.269723 ] }, { "date": "2025-08-15", "close": 386.462646, "volume": 162, "typical_volume": 1663.95, "trend": 346.303212, "fair_value": 325.802087, "relative_strength": 4.893536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.974523, "energy": 96.328233, "activity_lines": [ 376.889898, 370.853323, 360.662723, 354.005916 ] }, { "date": "2025-08-22", "close": 386.462646, "volume": 0, "typical_volume": 1649.65, "trend": 348.331822, "fair_value": 325.661503, "relative_strength": 2.835136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.653366, "energy": 94.891477, "activity_lines": [ 381.282548, 374.410638, 364.252107, 356.596847 ] }, { "date": "2025-08-29", "close": 385.299896, "volume": 6, "typical_volume": 1328.35, "trend": 350.238114, "fair_value": 325.656466, "relative_strength": 2.979269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.27797, "energy": 91.688131, "activity_lines": [ 383.398775, 377.293932, 367.411407, 358.981884 ] }, { "date": "2025-09-05", "close": 380.803864, "volume": 85, "typical_volume": 1293.35, "trend": 351.897751, "fair_value": 325.65964, "relative_strength": -1.496039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.352713, "energy": 87.858817, "activity_lines": [ 383.374223, 378.804107, 369.787271, 360.953868 ] }, { "date": "2025-09-12", "close": 380.803864, "volume": 0, "typical_volume": 1292.35, "trend": 353.505768, "fair_value": 325.662814, "relative_strength": -3.732235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.645771, "energy": 67.013181, "activity_lines": [ 382.834827, 380.014784, 371.849212, 362.818778 ] }, { "date": "2025-09-19", "close": 383.487915, "volume": 10, "typical_volume": 1292.85, "trend": 355.172604, "fair_value": 325.683194, "relative_strength": -2.179212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.434103, "energy": 66.530164, "activity_lines": [ 382.675271, 381.413972, 373.852717, 364.75311 ] }, { "date": "2025-09-26", "close": 379.54422, "volume": 326, "typical_volume": 1309.15, "trend": 356.707984, "fair_value": 325.678293, "relative_strength": -4.945959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.022832, "energy": 57.995017, "activity_lines": [ 381.399465, 381.635072, 375.153791, 366.325473 ] }, { "date": "2025-10-03", "close": 379.8349, "volume": 100, "typical_volume": 1309.9, "trend": 357.431, "fair_value": 325.675256, "relative_strength": -4.150287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.053213, "energy": 53.924202, "activity_lines": [ 380.681781, 381.519676, 376.174486, 367.817532 ] }, { "date": "2025-10-10", "close": 380.823242, "volume": 1559, "typical_volume": 1387.85, "trend": 358.165344, "fair_value": 325.678554, "relative_strength": -1.522804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.65071, "energy": 51.33808, "activity_lines": [ 380.657878, 381.508222, 377.167447, 369.326709 ] }, { "date": "2025-10-17", "close": 380.823242, "volume": 0, "typical_volume": 1387.85, "trend": 358.985831, "fair_value": 325.681853, "relative_strength": -3.255261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.619945, "energy": 45.321071, "activity_lines": [ 380.632682, 381.356004, 378.033839, 370.788508 ] }, { "date": "2025-10-24", "close": 380.823242, "volume": 0, "typical_volume": 1387.85, "trend": 359.806317, "fair_value": 326.079223, "relative_strength": -2.172371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.302705, "energy": 50.944126, "activity_lines": [ 380.606195, 381.063022, 378.773663, 372.197374 ] }, { "date": "2025-10-31", "close": 385.890961, "volume": 4438, "typical_volume": 1601.5, "trend": 362.022676, "fair_value": 326.521298, "relative_strength": -3.207435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.873505, "energy": 67.2281, "activity_lines": [ 382.446592, 381.793978, 379.869559, 373.880254 ] }, { "date": "2025-11-07", "close": 396.598022, "volume": 2983, "typical_volume": 1334.5, "trend": 364.885977, "fair_value": 326.882836, "relative_strength": -1.321499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.107744, "energy": 84.315074, "activity_lines": [ 387.432894, 384.482067, 381.866736, 376.110921 ] }, { "date": "2025-11-14", "close": 406.965973, "volume": 3660, "typical_volume": 1516.55, "trend": 367.955503, "fair_value": 327.155551, "relative_strength": 3.062848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.803353, "energy": 97.618987, "activity_lines": [ 394.757637, 388.849817, 384.652008, 378.82576 ] }, { "date": "2025-11-21", "close": 388.74942, "volume": 261, "typical_volume": 1529.6, "trend": 370.418778, "fair_value": 327.311493, "relative_strength": -0.656968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.835284, "energy": 68.555628, "activity_lines": [ 394.267348, 389.429792, 385.499348, 380.167303 ] }, { "date": "2025-11-28", "close": 395.25116, "volume": 1447, "typical_volume": 1162.5, "trend": 373.098778, "fair_value": 327.419869, "relative_strength": -1.553649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.534965, "energy": 64.799399, "activity_lines": [ 395.415894, 391.047437, 386.849625, 381.769392 ] }, { "date": "2025-12-05", "close": 389.524567, "volume": 2187, "typical_volume": 1271.85, "trend": 375.587892, "fair_value": 327.491535, "relative_strength": -2.514028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.340651, "energy": 56.687007, "activity_lines": [ 393.693714, 391.410005, 387.477746, 382.82912 ] }, { "date": "2025-12-12", "close": 383.420105, "volume": 1947, "typical_volume": 1368.95, "trend": 376.560433, "fair_value": 327.380036, "relative_strength": -5.82675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.17681, "energy": 27.021648, "activity_lines": [ 389.694472, 390.481211, 387.374991, 383.334424 ] }, { "date": "2025-12-19", "close": 396.529999, "volume": 183, "typical_volume": 967.7, "trend": 377.969971, "fair_value": 327.379072, "relative_strength": -1.355133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.825571, "energy": 33.195613, "activity_lines": [ 390.943724, 391.870849, 388.483885, 384.622784 ] }, { "date": "2025-12-26", "close": 391.369995, "volume": 709, "typical_volume": 1003.15, "trend": 379.207508, "fair_value": 327.336198, "relative_strength": -4.920558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.983081, "energy": 22.917593, "activity_lines": [ 391.168705, 392.036726, 388.989689, 385.487301 ] }, { "date": "2026-01-02", "close": 391.369995, "volume": 0, "typical_volume": 995.05, "trend": 380.445046, "fair_value": 327.192342, "relative_strength": -2.532715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.516068, "energy": 22.727611, "activity_lines": [ 391.218982, 392.010844, 389.408403, 386.271978 ] }, { "date": "2026-01-09", "close": 400.640015, "volume": 2443, "typical_volume": 1117.2, "trend": 381.765746, "fair_value": 327.203579, "relative_strength": -3.016884, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.531781, "energy": 44.520641, "activity_lines": [ 394.61801, 393.478662, 390.686608, 387.574879 ] }, { "date": "2026-01-16", "close": 397.25, "volume": 944, "typical_volume": 1164.1, "trend": 383.18279, "fair_value": 327.193086, "relative_strength": -5.245436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.384352, "energy": 39.210171, "activity_lines": [ 396.146002, 394.061948, 391.574443, 388.573863 ] }, { "date": "2026-01-23", "close": 394.0, "volume": 879, "typical_volume": 1203.8, "trend": 384.171742, "fair_value": 327.051884, "relative_strength": -7.312658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.515017, "energy": 35.11092, "activity_lines": [ 395.668669, 394.042471, 392.09585, 389.271748 ] }, { "date": "2026-01-30", "close": 398.0, "volume": 4292, "typical_volume": 1418.4, "trend": 385.294027, "fair_value": 327.03959, "relative_strength": -5.39426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.007436, "energy": 42.553868, "activity_lines": [ 396.693335, 394.986012, 392.935369, 390.163893 ] }, { "date": "2026-02-06", "close": 406.0, "volume": 2399, "typical_volume": 1537.85, "trend": 386.889691, "fair_value": 327.078578, "relative_strength": -7.716319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.993882, "energy": 56.547654, "activity_lines": [ 399.942668, 397.215906, 394.454908, 391.499763 ] }, { "date": "2026-02-13", "close": 398.850006, "volume": 801, "typical_volume": 1561.6, "trend": 388.247022, "fair_value": 327.071733, "relative_strength": -10.031676, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.039302, "energy": 50.241577, "activity_lines": [ 399.833335, 397.950367, 395.186294, 392.271396 ] }, { "date": "2026-02-20", "close": 406.700012, "volume": 569, "typical_volume": 1585.05, "trend": 389.281411, "fair_value": 327.301175, "relative_strength": -8.060588, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.617183, "energy": 75.779979, "activity_lines": [ 402.460006, 399.942549, 396.573367, 393.461911 ] }, { "date": "2026-02-27", "close": 409.75, "volume": 876, "typical_volume": 1550.9, "trend": 390.503704, "fair_value": 327.550169, "relative_strength": -7.148108, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.885233, "energy": 82.593495, "activity_lines": [ 405.473338, 402.066003, 398.122986, 394.782465 ] }, { "date": "2026-03-06", "close": 411.549988, "volume": 106, "typical_volume": 1556.2, "trend": 391.785997, "fair_value": 327.810701, "relative_strength": -0.865725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.534049, "energy": 86.309999, "activity_lines": [ 408.036666, 404.276364, 399.706286, 396.14029 ] }, { "date": "2026-03-13", "close": 407.299988, "volume": 11, "typical_volume": 1556.75, "trend": 392.480575, "fair_value": 328.074623, "relative_strength": 0.796858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.221083, "energy": 81.611529, "activity_lines": [ 408.279995, 405.347089, 400.738507, 397.141193 ] }, { "date": "2026-03-20", "close": 407.299988, "volume": 0, "typical_volume": 1334.85, "trend": 393.175153, "fair_value": 328.394131, "relative_strength": 3.309325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.19796, "energy": 83.030561, "activity_lines": [ 408.436658, 406.128178, 401.644648, 398.097284 ] }, { "date": "2026-03-27", "close": 407.299988, "volume": 0, "typical_volume": 1185.7, "trend": 393.908489, "fair_value": 328.717716, "relative_strength": -0.458323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.17359, "energy": 75.097996, "activity_lines": [ 408.029989, 406.788176, 402.448841, 399.008564 ] }, { "date": "2026-04-03", "close": 408.940002, "volume": 26, "typical_volume": 1004.0, "trend": 394.84636, "fair_value": 329.000366, "relative_strength": -4.280196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.250833, "energy": 54.874086, "activity_lines": [ 408.129993, 407.563631, 403.358264, 399.978339 ] }, { "date": "2026-04-10", "close": 410.0, "volume": 2265, "typical_volume": 1104.2, "trend": 395.819565, "fair_value": 329.306301, "relative_strength": -4.419162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.190233, "energy": 61.707495, "activity_lines": [ 408.637329, 408.260177, 404.359239, 400.955993 ] }, { "date": "2026-04-17", "close": 398.173309, "volume": 1377, "typical_volume": 1100.7, "trend": 396.309078, "fair_value": 329.542601, "relative_strength": -6.844546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.26666, "energy": 25.505766, "activity_lines": [ 405.305768, 406.588234, 404.132669, 401.107847 ] }, { "date": "2026-04-24", "close": 399.186798, "volume": 1440, "typical_volume": 1063.35, "trend": 396.963831, "fair_value": 329.799972, "relative_strength": -5.867874, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.598913, "energy": 20.32325, "activity_lines": [ 402.920481, 405.242865, 403.988707, 401.293507 ] }, { "date": "2026-05-01", "close": 398.48819, "volume": 23, "typical_volume": 967.15, "trend": 397.585607, "fair_value": 330.052866, "relative_strength": -4.201571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.012801, "energy": 23.566757, "activity_lines": [ 400.843205, 403.764353, 403.732201, 401.391853 ] }, { "date": "2026-05-08", "close": 414.713867, "volume": 830, "typical_volume": 999.5, "trend": 398.715294, "fair_value": 330.40977, "relative_strength": -3.26373, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.669758, "energy": 33.267082, "activity_lines": [ 404.76194, 405.385269, 404.949244, 402.496902 ] }, { "date": "2026-05-15", "close": 412.283447, "volume": 387, "typical_volume": 983.4, "trend": 399.763968, "fair_value": 330.751095, "relative_strength": -1.158633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.85035, "energy": 45.457872, "activity_lines": [ 407.485612, 406.474039, 405.848228, 403.372266 ] }, { "date": "2026-05-22", "close": 405.385803, "volume": 555, "typical_volume": 1011.15, "trend": 400.58272, "fair_value": 331.048204, "relative_strength": -3.279888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.2996, "energy": 46.27659, "activity_lines": [ 407.757839, 406.295357, 405.990707, 403.734965 ] }, { "date": "2026-05-29", "close": 395.359161, "volume": 985, "typical_volume": 938.25, "trend": 400.898327, "fair_value": 331.456816, "relative_strength": -5.915602, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -4.788568, "energy": 16.990378, "activity_lines": [ 404.207019, 404.328452, 405.111525, 403.397962 ] }, { "date": "2026-06-05", "close": 376.201263, "volume": 160, "typical_volume": 899.05, "trend": 400.218435, "fair_value": 331.778889, "relative_strength": -7.042778, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -52.2509, "energy": 68.921087, "activity_lines": [ 394.525409, 399.095398, 402.432928, 401.804603 ] }, { "date": "2026-06-12", "close": 369.677551, "volume": 0, "typical_volume": 855.1, "trend": 398.975487, "fair_value": 332.034416, "relative_strength": -10.855213, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -64.907272, "energy": 87.317626, "activity_lines": [ 384.155023, 393.241647, 399.233258, 399.834223 ] }, { "date": "2026-06-19", "close": 374.369995, "volume": 0, "typical_volume": 640.5, "trend": 398.496173, "fair_value": 332.369478, "relative_strength": -9.169468, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.302378, "energy": 92.990159, "activity_lines": [ 378.351206, 388.95493, 396.596308, 398.246772 ] }, { "date": "2026-06-26", "close": 370.0, "volume": 2276, "typical_volume": 634.35, "trend": 397.654468, "fair_value": 332.695815, "relative_strength": -9.347815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.235121, "energy": 93.350995, "activity_lines": [ 373.618288, 384.521486, 393.655692, 396.408309 ] }, { "date": "2026-07-03", "close": 365.649994, "volume": 0, "typical_volume": 594.3, "trend": 396.858649, "fair_value": 333.03822, "relative_strength": -9.95534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.75159, "energy": 94.150167, "activity_lines": [ 369.794421, 379.809375, 390.472219, 394.343504 ] }, { "date": "2026-07-10", "close": 372.390015, "volume": 580, "typical_volume": 594.85, "trend": 396.490979, "fair_value": 333.447136, "relative_strength": -7.302908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.223335, "energy": 83.15946, "activity_lines": [ 370.197839, 376.932482, 388.088747, 392.764883 ] }, { "date": "2026-07-17", "close": 385.649994, "volume": 1054669, "typical_volume": 53284.5, "trend": 396.128312, "fair_value": 333.941052, "relative_strength": -4.025029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.377209, "energy": 64.287498, "activity_lines": [ 375.275334, 376.941006, 387.131511, 392.065464 ] }, { "date": "2026-07-24", "close": 387.25, "volume": 135, "typical_volume": 53285.95, "trend": 395.990979, "fair_value": 334.400282, "relative_strength": -3.039872, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.022083, "energy": 46.050539, "activity_lines": [ 379.821334, 377.768875, 386.441419, 391.49267 ] }, { "date": "2026-07-31", "close": 387.25, "volume": 0, "typical_volume": 53285.4, "trend": 395.853646, "fair_value": 334.833116, "relative_strength": -3.604264, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.167587, "energy": 33.173162, "activity_lines": [ 383.508667, 379.051897, 385.867041, 390.928736 ] }, { "date": "2026-08-07", "close": 392.01001, "volume": 400, "typical_volume": 53305.4, "trend": 395.565979, "fair_value": 335.358528, "relative_strength": -2.243742, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.878799, "energy": 36.231534, "activity_lines": [ 387.63267, 381.530118, 385.841474, 390.68076 ] } ], "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." } } }