{ "ticker": { "uuid": "dd74401d-cd82-4467-9f6b-2e0eed717231", "symbol": "ALFA", "name": "Alfa Laval AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 55.642, "architecture_energy": 36.197, "architecture_maturity": 31.861, "architecture_confidence": 62.513, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 26.63, "rotation_up": 46.53, "upward_expansion": 75.25, "deceleration": 67.6, "rotation_down": 22.53, "downward_expansion": 4.25 }, "activity_lines": [ 566.826652, 565.01817, 555.572456, 546.257511 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 569.0, "trend_reference": 533.509564, "distance_from_trend": 0.066523, "trend_direction": "Improving", "fair_value": 439.860976, "distance_from_fair_value": 0.293591, "fair_value_direction": "Improving", "relative_strength": 2.79855, "relative_strength_direction": "Weakening", "price_momentum": 0.133427, "excess_performance": 0.071932, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.066523, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.073353, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.293591, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012596, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027986, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.052655, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.133427, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.941337, "read": "Supply-led" } ], "volume": { "latest": 1802401, "relative_activity": 0.789754, "balance": 0.941337, "dry_up": 1.000244, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.04637, "annualized_volatility": 0.234215, "from_high_reference": -0.039176, "from_low_reference": 0.394986 }, "levels": { "trend_reference": 533.509564, "fair_value_reference": 439.860976, "structural_low": 481.657497, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.003548, "positive_rate": 0.580645, "directional_follow_through": 0.580645, "median_excess_return": 0.002559, "regime_survival": 0.741935, "best_return": 0.181014, "worst_return": -0.1799, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.08886, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": 0.030512, "regime_survival": 0.454545, "best_return": 0.156383, "worst_return": -0.250582, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.155228, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.092832, "regime_survival": 0.428571, "best_return": 0.316781, "worst_return": -0.242767, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.25277, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.178531, "regime_survival": 0.0, "best_return": 0.298538, "worst_return": -0.125223, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-06-21", "tenure": "Established", "return": 0.122664, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-10-04", "tenure": "Established", "return": 0.048481, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-08", "tenure": "Developing", "return": -0.020593, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2025-03-21", "tenure": "Established", "return": -0.020518, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-07-18", "tenure": "Established", "return": -0.02083, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-22", "tenure": "Developing", "return": 0.051028, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-21", "tenure": "Developing", "return": 0.011935, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.033655, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-27", "tenure": "Established", "return": 0.090751, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.115654, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": -0.03529, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": 0.036707, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.033628, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 348.249176, "volume": 2066128, "typical_volume": 2916012.0, "trend": 347.885429, "fair_value": 278.957361, "relative_strength": 10.101281, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.189225, "energy": 5.530433, "activity_lines": [ 358.610439, 359.636749, 362.492594, 357.342823 ] }, { "date": "2023-08-25", "close": 350.143372, "volume": 1794783, "typical_volume": 2907571.1, "trend": 349.491823, "fair_value": 279.964063, "relative_strength": 10.206086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.752465, "energy": 10.58753, "activity_lines": [ 354.998834, 357.65645, 361.453435, 357.488497 ] }, { "date": "2023-09-01", "close": 367.380585, "volume": 2925100, "typical_volume": 2917284.3, "trend": 350.728124, "fair_value": 281.141516, "relative_strength": 13.20324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.45111, "energy": 12.555856, "activity_lines": [ 358.02324, 359.149425, 361.985354, 358.642611 ] }, { "date": "2023-09-08", "close": 364.539276, "volume": 1897714, "typical_volume": 2876098.4, "trend": 352.463238, "fair_value": 282.296163, "relative_strength": 12.44671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.57492, "energy": 13.383753, "activity_lines": [ 360.17631, 359.979427, 362.154847, 359.533653 ] }, { "date": "2023-09-15", "close": 353.647614, "volume": 3290007, "typical_volume": 2675354.25, "trend": 353.328781, "fair_value": 283.355169, "relative_strength": 7.797858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.403614, "energy": 4.374575, "activity_lines": [ 358.471523, 358.96861, 361.186548, 359.610064 ] }, { "date": "2023-09-22", "close": 346.639069, "volume": 3300790, "typical_volume": 2680125.5, "trend": 354.342923, "fair_value": 284.433521, "relative_strength": 6.750839, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.382359, "energy": 2.870981, "activity_lines": [ 355.087211, 356.676624, 359.560239, 359.17847 ] }, { "date": "2023-09-29", "close": 355.920654, "volume": 3297755, "typical_volume": 2705473.45, "trend": 355.200333, "fair_value": 285.621295, "relative_strength": 9.813484, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.846028, "energy": 12.624049, "activity_lines": [ 354.904102, 356.16691, 358.899072, 359.280259 ] }, { "date": "2023-10-06", "close": 352.416412, "volume": 2765833, "typical_volume": 2745318.1, "trend": 356.192639, "fair_value": 286.717169, "relative_strength": 8.45104, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.756088, "energy": 26.288825, "activity_lines": [ 353.167759, 355.15782, 357.940246, 359.100651 ] }, { "date": "2023-10-13", "close": 355.068298, "volume": 3343180, "typical_volume": 2759568.75, "trend": 357.624483, "fair_value": 287.863613, "relative_strength": 7.135265, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.639053, "energy": 22.598538, "activity_lines": [ 353.31299, 354.923632, 357.351693, 359.028113 ] }, { "date": "2023-10-20", "close": 332.053741, "volume": 3370117, "typical_volume": 2756194.05, "trend": 358.118267, "fair_value": 288.886056, "relative_strength": 5.284641, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.407048, "energy": 54.306392, "activity_lines": [ 346.418101, 350.615186, 354.659222, 357.378388 ] }, { "date": "2023-10-27", "close": 340.388184, "volume": 4997738, "typical_volume": 2896655.25, "trend": 357.976272, "fair_value": 290.032222, "relative_strength": 8.903117, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.289343, "energy": 53.631243, "activity_lines": [ 343.74095, 348.393798, 352.969772, 356.234511 ] }, { "date": "2023-11-03", "close": 345.786682, "volume": 2982726, "typical_volume": 2849112.85, "trend": 358.324973, "fair_value": 291.207256, "relative_strength": 6.191123, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.279896, "energy": 48.789706, "activity_lines": [ 343.280025, 347.296882, 351.956373, 355.448086 ] }, { "date": "2023-11-10", "close": 348.059723, "volume": 2728607, "typical_volume": 2825520.35, "trend": 358.323719, "fair_value": 292.295288, "relative_strength": 7.044115, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.904696, "energy": 46.947437, "activity_lines": [ 344.252378, 346.692458, 351.269048, 354.785812 ] }, { "date": "2023-11-17", "close": 361.319183, "volume": 3383406, "typical_volume": 2863226.9, "trend": 358.919822, "fair_value": 293.394863, "relative_strength": 6.479078, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.345068, "energy": 13.36769, "activity_lines": [ 349.934997, 348.850134, 351.898198, 354.979068 ] }, { "date": "2023-11-24", "close": 365.770538, "volume": 3085190, "typical_volume": 2854326.85, "trend": 359.257621, "fair_value": 294.463865, "relative_strength": 5.908921, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.508145, "energy": 13.286376, "activity_lines": [ 356.684676, 351.875695, 353.003151, 355.421049 ] }, { "date": "2023-12-01", "close": 370.790161, "volume": 3483880, "typical_volume": 2935686.45, "trend": 359.494397, "fair_value": 295.579964, "relative_strength": 5.964358, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.302821, "energy": 26.043403, "activity_lines": [ 362.859776, 355.593497, 354.526631, 356.165084 ] }, { "date": "2023-12-08", "close": 364.823425, "volume": 3067670, "typical_volume": 2866621.3, "trend": 359.538596, "fair_value": 296.645764, "relative_strength": 1.153047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.840461, "energy": 26.031707, "activity_lines": [ 365.019165, 357.787327, 355.39165, 356.508892 ] }, { "date": "2023-12-15", "close": 375.14682, "volume": 3520686, "typical_volume": 2941547.85, "trend": 359.472297, "fair_value": 297.759376, "relative_strength": 0.558035, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.699892, "energy": 46.798977, "activity_lines": [ 369.350569, 361.69627, 357.233536, 357.515875 ] }, { "date": "2023-12-22", "close": 379.598175, "volume": 2592601, "typical_volume": 2970819.15, "trend": 359.674345, "fair_value": 298.904392, "relative_strength": 1.867785, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.545102, "energy": 56.955556, "activity_lines": [ 373.359953, 366.00127, 359.46779, 358.814318 ] }, { "date": "2023-12-29", "close": 382.060669, "volume": 1000219, "typical_volume": 2944706.5, "trend": 359.876394, "fair_value": 300.054864, "relative_strength": 1.352817, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.617688, "energy": 67.742387, "activity_lines": [ 376.971568, 370.307998, 361.848623, 360.258597 ] }, { "date": "2024-01-05", "close": 362.645081, "volume": 2374427, "typical_volume": 2960121.45, "trend": 359.484926, "fair_value": 301.045297, "relative_strength": -1.551121, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.328587, "energy": 48.989955, "activity_lines": [ 373.025311, 370.175403, 362.291955, 360.437222 ] }, { "date": "2024-01-12", "close": 361.224426, "volume": 2400760, "typical_volume": 2990420.3, "trend": 359.232366, "fair_value": 302.012852, "relative_strength": -2.902721, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.694036, "energy": 27.646437, "activity_lines": [ 369.148509, 369.379836, 362.531435, 360.549448 ] }, { "date": "2024-01-19", "close": 351.469299, "volume": 3671762, "typical_volume": 3027753.4, "trend": 358.970335, "fair_value": 302.909266, "relative_strength": -3.301855, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.780928, "energy": 14.154933, "activity_lines": [ 362.25993, 366.529923, 361.789089, 360.048605 ] }, { "date": "2024-01-26", "close": 355.54184, "volume": 3121317, "typical_volume": 3088933.55, "trend": 358.414702, "fair_value": 303.928193, "relative_strength": -5.305161, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.214068, "energy": 17.255447, "activity_lines": [ 358.307367, 364.358479, 361.510372, 359.827412 ] }, { "date": "2024-02-02", "close": 368.232971, "volume": 3238346, "typical_volume": 3086350.5, "trend": 358.913509, "fair_value": 304.93264, "relative_strength": -1.970246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.911138, "energy": 22.674721, "activity_lines": [ 360.188936, 364.599557, 362.483179, 360.460849 ] }, { "date": "2024-02-09", "close": 349.66983, "volume": 5282748, "typical_volume": 3185448.4, "trend": 358.840899, "fair_value": 305.74464, "relative_strength": -6.375016, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.489693, "energy": 20.309451, "activity_lines": [ 356.804639, 361.420747, 361.618613, 359.864482 ] }, { "date": "2024-02-16", "close": 358.57254, "volume": 3395990, "typical_volume": 3190360.15, "trend": 358.676734, "fair_value": 306.566651, "relative_strength": -6.27918, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.745758, "energy": 10.963875, "activity_lines": [ 357.252927, 360.244617, 361.587493, 359.847169 ] }, { "date": "2024-02-23", "close": 361.887421, "volume": 1741266, "typical_volume": 3139131.8, "trend": 358.455745, "fair_value": 307.386958, "relative_strength": -6.502861, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.994634, "energy": 8.29789, "activity_lines": [ 358.982969, 359.784845, 361.859447, 360.05431 ] }, { "date": "2024-03-01", "close": 372.779083, "volume": 3160297, "typical_volume": 3129987.65, "trend": 358.844057, "fair_value": 308.227157, "relative_strength": -4.763883, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.91319, "energy": 17.355335, "activity_lines": [ 363.649023, 361.546456, 363.123603, 360.978396 ] }, { "date": "2024-03-08", "close": 382.439514, "volume": 2682391, "typical_volume": 3095601.35, "trend": 359.475459, "fair_value": 309.118953, "relative_strength": -3.401704, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.446955, "energy": 43.336705, "activity_lines": [ 370.386072, 365.188492, 365.223462, 362.500684 ] }, { "date": "2024-03-15", "close": 399.013763, "volume": 3323145, "typical_volume": 3011871.7, "trend": 361.167612, "fair_value": 310.1015, "relative_strength": -1.137645, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.984136, "energy": 73.300193, "activity_lines": [ 381.700767, 371.83714, 368.661889, 365.051542 ] }, { "date": "2024-03-22", "close": 415.019806, "volume": 2849813, "typical_volume": 3005226.05, "trend": 363.330159, "fair_value": 311.211326, "relative_strength": 2.652559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.459953, "energy": 86.281612, "activity_lines": [ 395.061214, 380.734728, 373.345532, 368.525877 ] }, { "date": "2024-03-29", "close": 398.540192, "volume": 3330536, "typical_volume": 3035322.5, "trend": 364.368813, "fair_value": 312.239615, "relative_strength": -0.83366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.601902, "energy": 79.018433, "activity_lines": [ 399.165306, 385.657926, 376.130006, 370.797492 ] }, { "date": "2024-04-05", "close": 398.729645, "volume": 2043565, "typical_volume": 2968330.45, "trend": 365.508492, "fair_value": 313.238704, "relative_strength": -0.321449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.701083, "energy": 79.290779, "activity_lines": [ 400.88903, 389.759735, 378.69214, 373.01432 ] }, { "date": "2024-04-12", "close": 396.740723, "volume": 2477359, "typical_volume": 2937938.9, "trend": 366.944929, "fair_value": 314.165936, "relative_strength": -0.947135, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.206306, "energy": 70.807704, "activity_lines": [ 400.219743, 392.714688, 380.886708, 375.029303 ] }, { "date": "2024-04-19", "close": 398.256104, "volume": 2782392, "typical_volume": 2902864.5, "trend": 368.665497, "fair_value": 315.047793, "relative_strength": -0.448632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.800039, "energy": 46.351947, "activity_lines": [ 399.102169, 395.426843, 383.078121, 377.049378 ] }, { "date": "2024-04-26", "close": 455.465912, "volume": 5746479, "typical_volume": 3036804.95, "trend": 371.983672, "fair_value": 316.293323, "relative_strength": 11.089145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.837168, "energy": 68.042988, "activity_lines": [ 417.105042, 407.657395, 390.587297, 382.649405 ] }, { "date": "2024-05-03", "close": 452.385834, "volume": 2433655, "typical_volume": 2982453.4, "trend": 375.315986, "fair_value": 317.433182, "relative_strength": 10.893447, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.586752, "energy": 86.813833, "activity_lines": [ 431.384815, 417.566234, 397.371501, 387.836641 ] }, { "date": "2024-05-10", "close": 468.556183, "volume": 2108985, "typical_volume": 2958272.6, "trend": 379.098916, "fair_value": 318.67319, "relative_strength": 10.811384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.513917, "energy": 94.141167, "activity_lines": [ 447.464995, 428.769712, 405.327933, 393.852138 ] }, { "date": "2024-05-17", "close": 468.074951, "volume": 2299436, "typical_volume": 3023233.45, "trend": 383.632956, "fair_value": 319.925311, "relative_strength": 11.588586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.507629, "energy": 92.119803, "activity_lines": [ 458.729661, 438.144291, 412.814925, 399.592527 ] }, { "date": "2024-05-24", "close": 471.732544, "volume": 1828622, "typical_volume": 2995943.2, "trend": 388.011101, "fair_value": 321.137163, "relative_strength": 11.3012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.047079, "energy": 90.69598, "activity_lines": [ 466.45791, 446.626878, 420.240666, 405.276372 ] }, { "date": "2024-05-31", "close": 467.016205, "volume": 3371551, "typical_volume": 3044482.75, "trend": 392.052085, "fair_value": 322.343334, "relative_strength": 10.849303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.185722, "energy": 87.322998, "activity_lines": [ 467.715617, 452.92979, 426.697769, 410.373475 ] }, { "date": "2024-06-07", "close": 462.781067, "volume": 1729231, "typical_volume": 2947356.2, "trend": 395.87613, "fair_value": 323.549829, "relative_strength": 8.850101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.252949, "energy": 69.35134, "activity_lines": [ 466.791591, 457.517288, 432.247754, 414.936635 ] }, { "date": "2024-06-14", "close": 447.188232, "volume": 3144035, "typical_volume": 2948492.1, "trend": 398.738432, "fair_value": 324.704887, "relative_strength": 7.526453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.003132, "energy": 61.444025, "activity_lines": [ 459.976939, 458.101709, 435.782652, 418.247094 ] }, { "date": "2024-06-21", "close": 447.958191, "volume": 2528091, "typical_volume": 2912979.35, "trend": 401.47802, "fair_value": 325.807011, "relative_strength": 7.033628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.603147, "energy": 49.461813, "activity_lines": [ 454.843469, 457.945057, 438.954468, 421.422562 ] }, { "date": "2024-06-28", "close": 446.70694, "volume": 1985744, "typical_volume": 2748129.15, "trend": 404.00858, "fair_value": 326.86195, "relative_strength": 6.753575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.173398, "energy": 38.139395, "activity_lines": [ 450.634033, 456.629679, 441.627473, 424.340557 ] }, { "date": "2024-07-05", "close": 446.995697, "volume": 1661615, "typical_volume": 2661410.4, "trend": 406.747655, "fair_value": 327.904711, "relative_strength": 7.14014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.9181, "energy": 28.154659, "activity_lines": [ 448.189223, 454.485877, 443.865897, 427.113919 ] }, { "date": "2024-07-12", "close": 445.55191, "volume": 3200310, "typical_volume": 2734362.6, "trend": 409.094492, "fair_value": 328.913082, "relative_strength": 3.62961, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.085841, "energy": 24.90331, "activity_lines": [ 446.597851, 452.233573, 445.545755, 429.617419 ] }, { "date": "2024-07-19", "close": 444.685638, "volume": 2906317, "typical_volume": 2721663.6, "trend": 411.264074, "fair_value": 329.713065, "relative_strength": 5.719535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.054457, "energy": 21.819595, "activity_lines": [ 445.866333, 449.948017, 446.744709, 431.913622 ] }, { "date": "2024-07-26", "close": 453.348358, "volume": 3319250, "typical_volume": 2753506.55, "trend": 413.64033, "fair_value": 330.518307, "relative_strength": 7.28459, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.913031, "energy": 28.037349, "activity_lines": [ 448.189227, 449.671512, 448.426271, 434.628738 ] }, { "date": "2024-08-02", "close": 424.183899, "volume": 2338762, "typical_volume": 2704287.4, "trend": 415.691624, "fair_value": 331.103864, "relative_strength": 4.825291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.281995, "energy": 10.197501, "activity_lines": [ 440.431291, 444.360134, 446.992605, 435.308968 ] }, { "date": "2024-08-09", "close": 428.130219, "volume": 2465624, "typical_volume": 2685077.95, "trend": 417.921817, "fair_value": 331.700103, "relative_strength": 6.048465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.466945, "energy": 12.24423, "activity_lines": [ 435.49033, 440.630789, 445.814921, 436.111458 ] }, { "date": "2024-08-16", "close": 438.621765, "volume": 1537177, "typical_volume": 2595410.0, "trend": 420.826899, "fair_value": 332.449524, "relative_strength": 5.317981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.18886, "energy": 15.393784, "activity_lines": [ 435.30425, 439.516017, 445.574001, 437.446938 ] }, { "date": "2024-08-23", "close": 431.691589, "volume": 2172152, "typical_volume": 2601839.35, "trend": 423.365224, "fair_value": 333.16855, "relative_strength": 2.52524, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.202814, "energy": 17.354901, "activity_lines": [ 433.270121, 437.580472, 444.4822, 438.147886 ] }, { "date": "2024-08-30", "close": 442.664337, "volume": 2254847, "typical_volume": 2590713.75, "trend": 425.84627, "fair_value": 333.949145, "relative_strength": 3.615372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.654838, "energy": 11.148804, "activity_lines": [ 435.759845, 437.92173, 444.278461, 439.39299 ] }, { "date": "2024-09-06", "close": 416.964996, "volume": 2433283, "typical_volume": 2573258.3, "trend": 428.089442, "fair_value": 334.588383, "relative_strength": 2.115969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.100366, "energy": 14.583635, "activity_lines": [ 430.39539, 433.686631, 441.408482, 438.820005 ] }, { "date": "2024-09-13", "close": 445.840698, "volume": 1886868, "typical_volume": 2380277.75, "trend": 430.998381, "fair_value": 335.457731, "relative_strength": 7.08355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.060613, "energy": 10.342212, "activity_lines": [ 435.137429, 435.242424, 441.199479, 439.965247 ] }, { "date": "2024-09-20", "close": 454.022156, "volume": 2864676, "typical_volume": 2401828.8, "trend": 434.069538, "fair_value": 336.387708, "relative_strength": 6.567898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.390675, "energy": 19.077022, "activity_lines": [ 441.425922, 438.306754, 441.815498, 441.450652 ] }, { "date": "2024-09-27", "close": 469.326233, "volume": 2442595, "typical_volume": 2418509.3, "trend": 437.287777, "fair_value": 337.50756, "relative_strength": 7.484598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.711454, "energy": 34.294109, "activity_lines": [ 451.789081, 443.999639, 443.881255, 443.725277 ] }, { "date": "2024-10-04", "close": 468.363739, "volume": 2074186, "typical_volume": 2407246.8, "trend": 440.151918, "fair_value": 338.628842, "relative_strength": 8.527534, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.958238, "energy": 48.932304, "activity_lines": [ 459.322432, 449.069514, 445.85168, 445.730178 ] }, { "date": "2024-10-11", "close": 467.401184, "volume": 2151280, "typical_volume": 2423379.7, "trend": 442.431498, "fair_value": 339.684915, "relative_strength": 8.70321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.94046, "energy": 63.935288, "activity_lines": [ 464.821639, 453.691372, 447.729057, 447.488195 ] }, { "date": "2024-10-18", "close": 457.294708, "volume": 2105799, "typical_volume": 2360092.1, "trend": 443.840662, "fair_value": 340.625933, "relative_strength": 5.922286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.016402, "energy": 60.457071, "activity_lines": [ 463.589608, 455.689921, 448.664539, 448.447112 ] }, { "date": "2024-10-25", "close": 463.743561, "volume": 2829082, "typical_volume": 2415084.65, "trend": 446.014107, "fair_value": 341.449294, "relative_strength": 7.340668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.217684, "energy": 50.831802, "activity_lines": [ 463.743593, 458.330725, 450.260489, 449.73117 ] }, { "date": "2024-11-01", "close": 451.712067, "volume": 2594841, "typical_volume": 2387624.95, "trend": 447.780188, "fair_value": 342.185009, "relative_strength": 5.81768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.446623, "energy": 28.794724, "activity_lines": [ 459.238987, 458.327224, 450.706, 450.09878 ] }, { "date": "2024-11-08", "close": 457.77597, "volume": 2335260, "typical_volume": 2377983.4, "trend": 449.814696, "fair_value": 342.861392, "relative_strength": 6.997381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.081421, "energy": 19.028428, "activity_lines": [ 457.92996, 459.062243, 451.707484, 450.74367 ] }, { "date": "2024-11-15", "close": 445.648163, "volume": 2622200, "typical_volume": 2409806.2, "trend": 451.394432, "fair_value": 343.515564, "relative_strength": 6.024516, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.703449, "energy": 5.463872, "activity_lines": [ 453.284182, 457.317448, 451.507187, 450.474861 ] }, { "date": "2024-11-22", "close": 457.583435, "volume": 2365022, "typical_volume": 2444976.55, "trend": 451.465016, "fair_value": 344.375428, "relative_strength": 8.462647, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.608019, "energy": 6.503617, "activity_lines": [ 454.067029, 457.221191, 452.448624, 450.874152 ] }, { "date": "2024-11-29", "close": 446.899445, "volume": 3885142, "typical_volume": 2479218.15, "trend": 451.282136, "fair_value": 345.231688, "relative_strength": 5.783185, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.876349, "energy": 7.407574, "activity_lines": [ 451.269297, 454.968887, 452.32212, 450.579599 ] }, { "date": "2024-12-06", "close": 476.160156, "volume": 2331803, "typical_volume": 2450492.45, "trend": 451.535602, "fair_value": 346.204203, "relative_strength": 8.078, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.895809, "energy": 25.664552, "activity_lines": [ 459.348077, 458.166215, 454.975934, 452.184632 ] }, { "date": "2024-12-13", "close": 459.893494, "volume": 1952942, "typical_volume": 2382177.05, "trend": 451.262887, "fair_value": 347.154281, "relative_strength": 6.475492, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.141403, "energy": 25.997487, "activity_lines": [ 460.374764, 458.281715, 455.930664, 452.723851 ] }, { "date": "2024-12-20", "close": 448.054474, "volume": 4866318, "typical_volume": 2508554.85, "trend": 450.473618, "fair_value": 347.919742, "relative_strength": 6.898913, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.093555, "energy": 16.472622, "activity_lines": [ 457.313943, 456.398671, 455.7267, 452.516857 ] }, { "date": "2024-12-27", "close": 447.284454, "volume": 607625, "typical_volume": 2415654.9, "trend": 449.815892, "fair_value": 348.656886, "relative_strength": 5.805311, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.022789, "energy": 8.524553, "activity_lines": [ 453.836027, 454.727381, 455.335732, 452.311104 ] }, { "date": "2025-01-03", "close": 454.310883, "volume": 804746, "typical_volume": 2379033.35, "trend": 449.533553, "fair_value": 349.463622, "relative_strength": 6.248673, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.566353, "energy": 9.576308, "activity_lines": [ 453.386853, 454.515628, 455.522737, 452.601104 ] }, { "date": "2025-01-10", "close": 447.573212, "volume": 1799974, "typical_volume": 2360424.45, "trend": 449.546386, "fair_value": 350.383825, "relative_strength": 3.880523, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.053759, "energy": 11.058797, "activity_lines": [ 450.197693, 453.250348, 454.993349, 452.47463 ] }, { "date": "2025-01-17", "close": 460.471008, "volume": 3343344, "typical_volume": 2414849.3, "trend": 449.96348, "fair_value": 351.472633, "relative_strength": 2.782892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.659009, "energy": 10.089834, "activity_lines": [ 453.213595, 454.405373, 455.616696, 453.179444 ] }, { "date": "2025-01-24", "close": 473.753845, "volume": 2231072, "typical_volume": 2404738.75, "trend": 450.865043, "fair_value": 352.699196, "relative_strength": 3.356696, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.022512, "energy": 33.163937, "activity_lines": [ 460.618608, 457.926459, 457.420281, 454.714307 ] }, { "date": "2025-01-31", "close": 477.122681, "volume": 2415553, "typical_volume": 2431173.0, "trend": 451.869276, "fair_value": 354.030943, "relative_strength": 3.790943, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.762898, "energy": 50.746202, "activity_lines": [ 467.433274, 461.549048, 459.274284, 456.408348 ] }, { "date": "2025-02-07", "close": 444.781891, "volume": 4439830, "typical_volume": 2509930.7, "trend": 451.843609, "fair_value": 355.189866, "relative_strength": -2.332724, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.769835, "energy": 22.524425, "activity_lines": [ 461.478463, 458.936235, 457.899251, 455.951097 ] }, { "date": "2025-02-14", "close": 447.861969, "volume": 2880343, "typical_volume": 2531818.1, "trend": 451.949486, "fair_value": 356.342812, "relative_strength": -4.621744, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.313581, "energy": 14.802943, "activity_lines": [ 457.18561, 456.921937, 456.861559, 455.694217 ] }, { "date": "2025-02-21", "close": 451.712067, "volume": 2734619, "typical_volume": 2564839.75, "trend": 451.894943, "fair_value": 357.470169, "relative_strength": -4.242007, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.642862, "energy": 8.63129, "activity_lines": [ 454.156873, 456.122169, 456.292754, 455.6789 ] }, { "date": "2025-02-28", "close": 447.091949, "volume": 4205814, "typical_volume": 2667566.45, "trend": 452.658545, "fair_value": 358.637469, "relative_strength": -5.369609, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.522174, "energy": 21.44196, "activity_lines": [ 450.172026, 454.631132, 455.363232, 455.369029 ] }, { "date": "2025-03-07", "close": 440.258057, "volume": 3710327, "typical_volume": 2747792.85, "trend": 453.062806, "fair_value": 359.635871, "relative_strength": -7.048193, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.575448, "energy": 34.619787, "activity_lines": [ 445.686674, 451.915071, 453.879574, 454.568998 ] }, { "date": "2025-03-14", "close": 438.525482, "volume": 2701188, "typical_volume": 2741398.15, "trend": 453.059597, "fair_value": 360.573481, "relative_strength": -5.860138, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.752844, "energy": 44.372376, "activity_lines": [ 443.081439, 449.011748, 452.312035, 453.631106 ] }, { "date": "2025-03-21", "close": 436.504181, "volume": 3235227, "typical_volume": 2773417.45, "trend": 453.220017, "fair_value": 361.601013, "relative_strength": -4.428367, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.467493, "energy": 59.063038, "activity_lines": [ 440.219531, 446.027924, 450.672077, 452.563014 ] }, { "date": "2025-03-28", "close": 426.108948, "volume": 2729880, "typical_volume": 2793148.45, "trend": 452.66817, "fair_value": 362.413436, "relative_strength": -3.623029, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.641587, "energy": 65.398871, "activity_lines": [ 434.649732, 441.355312, 448.114516, 450.813913 ] }, { "date": "2025-04-04", "close": 385.682983, "volume": 5456631, "typical_volume": 2934870.0, "trend": 451.625436, "fair_value": 363.019911, "relative_strength": -3.125765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.888619, "energy": 83.248476, "activity_lines": [ 417.311485, 429.957289, 441.857658, 446.492288 ] }, { "date": "2025-04-11", "close": 369.512604, "volume": 7162393, "typical_volume": 3174738.55, "trend": 449.081167, "fair_value": 363.583522, "relative_strength": -6.835551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.637777, "energy": 91.425883, "activity_lines": [ 398.677043, 417.220486, 434.346313, 441.194686 ] }, { "date": "2025-04-18", "close": 376.539032, "volume": 2605568, "typical_volume": 3110759.85, "trend": 446.498396, "fair_value": 364.136058, "relative_strength": -8.213673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.492844, "energy": 91.949994, "activity_lines": [ 387.101107, 407.717762, 427.923536, 436.514548 ] }, { "date": "2025-04-25", "close": 387.12677, "volume": 2474098, "typical_volume": 3117874.6, "trend": 443.758414, "fair_value": 364.962919, "relative_strength": -8.220447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.760323, "energy": 87.535541, "activity_lines": [ 383.186847, 401.380861, 422.844165, 432.684121 ] }, { "date": "2025-05-02", "close": 398.151825, "volume": 4294213, "typical_volume": 3234938.15, "trend": 441.418017, "fair_value": 365.985947, "relative_strength": -6.800814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.226887, "energy": 77.777738, "activity_lines": [ 386.239433, 398.152792, 419.238767, 429.74176 ] }, { "date": "2025-05-09", "close": 395.102753, "volume": 3270220, "typical_volume": 3155133.25, "trend": 439.008069, "fair_value": 366.97449, "relative_strength": -6.826808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.881023, "energy": 55.155559, "activity_lines": [ 390.13947, 395.344168, 415.63699, 426.753679 ] }, { "date": "2025-05-16", "close": 410.839966, "volume": 3421795, "typical_volume": 3295841.75, "trend": 437.459577, "fair_value": 368.111122, "relative_strength": -6.545372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.848058, "energy": 36.221833, "activity_lines": [ 398.657259, 396.342114, 413.786146, 424.936382 ] }, { "date": "2025-05-23", "close": 398.643616, "volume": 3248162, "typical_volume": 3418012.55, "trend": 435.289579, "fair_value": 369.153438, "relative_strength": -6.764764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.138544, "energy": 28.49789, "activity_lines": [ 400.354442, 395.657416, 410.94729, 422.432126 ] }, { "date": "2025-05-30", "close": 401.004211, "volume": 2023903, "typical_volume": 3429209.0, "trend": 433.599317, "fair_value": 370.126625, "relative_strength": -6.637365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.310853, "energy": 25.455919, "activity_lines": [ 401.36485, 396.127042, 408.598334, 420.220167 ] }, { "date": "2025-06-06", "close": 407.495789, "volume": 2022713, "typical_volume": 3363177.45, "trend": 431.923311, "fair_value": 371.263931, "relative_strength": -5.928883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.510685, "energy": 20.660223, "activity_lines": [ 403.613955, 398.422409, 407.089382, 418.536069 ] }, { "date": "2025-06-13", "close": 396.774811, "volume": 2593440, "typical_volume": 3381295.85, "trend": 430.2942, "fair_value": 372.306219, "relative_strength": -5.959116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.325053, "energy": 25.039117, "activity_lines": [ 401.666469, 399.106928, 404.811646, 416.268423 ] }, { "date": "2025-06-20", "close": 394.217499, "volume": 2521695, "typical_volume": 3386602.95, "trend": 428.182002, "fair_value": 373.361395, "relative_strength": -5.952522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.081313, "energy": 29.746464, "activity_lines": [ 398.755076, 399.124812, 402.656924, 413.940894 ] }, { "date": "2025-06-27", "close": 394.119171, "volume": 2351278, "typical_volume": 3282175.35, "trend": 426.422659, "fair_value": 374.415941, "relative_strength": -8.019252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.594239, "energy": 30.568902, "activity_lines": [ 396.919072, 398.675638, 400.887624, 411.743292 ] }, { "date": "2025-07-04", "close": 401.299286, "volume": 2431463, "typical_volume": 3259731.35, "trend": 423.927297, "fair_value": 375.394008, "relative_strength": -6.421406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.382687, "energy": 30.466214, "activity_lines": [ 397.778068, 399.212301, 400.043396, 410.122429 ] }, { "date": "2025-07-11", "close": 412.21698, "volume": 2510235, "typical_volume": 3248512.15, "trend": 422.33808, "fair_value": 376.483294, "relative_strength": -5.024544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.512654, "energy": 15.188674, "activity_lines": [ 402.256624, 401.476317, 400.460675, 409.366925 ] }, { "date": "2025-07-18", "close": 417.233215, "volume": 2825331, "typical_volume": 3179488.0, "trend": 421.310705, "fair_value": 377.371676, "relative_strength": -3.831802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.683107, "energy": 9.25293, "activity_lines": [ 408.092513, 404.396645, 401.543763, 409.037579 ] }, { "date": "2025-07-25", "close": 416.347992, "volume": 3910316, "typical_volume": 3189487.45, "trend": 420.279489, "fair_value": 378.235858, "relative_strength": -6.060778, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.328156, "energy": 14.014005, "activity_lines": [ 412.269434, 406.753652, 402.684728, 408.717404 ] }, { "date": "2025-08-01", "close": 411.233398, "volume": 2352265, "typical_volume": 3172041.3, "trend": 418.843573, "fair_value": 379.176015, "relative_strength": -4.447179, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.796727, "energy": 16.918587, "activity_lines": [ 413.266123, 408.080587, 403.452446, 408.133785 ] }, { "date": "2025-08-08", "close": 413.200562, "volume": 1513974, "typical_volume": 3085978.65, "trend": 417.697818, "fair_value": 380.0254, "relative_strength": -6.386356, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.227596, "energy": 17.14162, "activity_lines": [ 413.777586, 409.536283, 404.537476, 407.76972 ] }, { "date": "2025-08-15", "close": 415.757874, "volume": 1430836, "typical_volume": 3021026.45, "trend": 416.20738, "fair_value": 380.852932, "relative_strength": -6.986674, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.21473, "energy": 16.219734, "activity_lines": [ 414.348067, 411.235192, 405.977028, 407.644562 ] }, { "date": "2025-08-22", "close": 437.593262, "volume": 2366909, "typical_volume": 2866540.35, "trend": 415.002027, "fair_value": 381.919036, "relative_strength": -3.807456, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.875005, "energy": 45.625742, "activity_lines": [ 421.960952, 416.753953, 409.545433, 409.024297 ] }, { "date": "2025-08-29", "close": 423.429749, "volume": 2839548, "typical_volume": 2650398.1, "trend": 413.212263, "fair_value": 382.921837, "relative_strength": -4.564118, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.206347, "energy": 39.706014, "activity_lines": [ 423.495329, 418.955376, 411.517739, 409.568021 ] }, { "date": "2025-09-05", "close": 426.577209, "volume": 2057773, "typical_volume": 2623008.35, "trend": 412.60544, "fair_value": 383.911948, "relative_strength": -3.827536, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.07185, "energy": 46.427139, "activity_lines": [ 425.606742, 421.197932, 413.533055, 410.430275 ] }, { "date": "2025-09-12", "close": 431.986877, "volume": 2445760, "typical_volume": 2621591.45, "trend": 412.076271, "fair_value": 385.043106, "relative_strength": -2.788812, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.147288, "energy": 55.702221, "activity_lines": [ 428.498458, 423.833918, 415.825301, 411.68069 ] }, { "date": "2025-09-19", "close": 423.429749, "volume": 2263056, "typical_volume": 2520033.6, "trend": 411.133527, "fair_value": 386.17917, "relative_strength": -4.939201, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.389797, "energy": 45.106932, "activity_lines": [ 427.285376, 424.356107, 417.088963, 412.413173 ] }, { "date": "2025-09-26", "close": 420.282288, "volume": 2708413, "typical_volume": 2491943.25, "trend": 410.239871, "fair_value": 387.209603, "relative_strength": -5.378068, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.161703, "energy": 32.015031, "activity_lines": [ 424.511682, 424.102161, 417.932495, 413.003416 ] }, { "date": "2025-10-03", "close": 439.26535, "volume": 2557093, "typical_volume": 2448708.15, "trend": 410.206781, "fair_value": 388.396382, "relative_strength": -3.953016, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.445097, "energy": 40.360709, "activity_lines": [ 429.219741, 427.244244, 420.464036, 414.876027 ] }, { "date": "2025-10-10", "close": 441.035767, "volume": 2584775, "typical_volume": 2415538.8, "trend": 410.290457, "fair_value": 389.583156, "relative_strength": -2.603844, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.89807, "energy": 43.567117, "activity_lines": [ 433.462232, 430.291541, 423.028828, 416.864994 ] }, { "date": "2025-10-17", "close": 440.248932, "volume": 2690107, "typical_volume": 2448849.0, "trend": 410.415282, "fair_value": 390.745165, "relative_strength": -2.408839, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.826033, "energy": 55.532632, "activity_lines": [ 436.47854, 432.653916, 425.316817, 418.797799 ] }, { "date": "2025-10-24", "close": 461.985962, "volume": 2575236, "typical_volume": 2476475.15, "trend": 411.611183, "fair_value": 392.062649, "relative_strength": -0.581586, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.577901, "energy": 83.592902, "activity_lines": [ 446.189722, 438.47669, 429.488119, 422.124939 ] }, { "date": "2025-10-31", "close": 446.543793, "volume": 3857106, "typical_volume": 2539658.45, "trend": 413.639876, "fair_value": 393.251266, "relative_strength": -3.045719, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.128405, "energy": 73.760394, "activity_lines": [ 448.1831, 440.651286, 431.929262, 424.378656 ] }, { "date": "2025-11-07", "close": 433.757294, "volume": 2623601, "typical_volume": 2544753.75, "trend": 415.781366, "fair_value": 394.230034, "relative_strength": -4.428672, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.061081, "energy": 53.042726, "activity_lines": [ 444.163544, 440.338327, 432.915647, 425.676554 ] }, { "date": "2025-11-14", "close": 443.691437, "volume": 2538835, "typical_volume": 2554131.6, "trend": 418.01978, "fair_value": 395.30296, "relative_strength": -2.90425, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.772151, "energy": 42.475375, "activity_lines": [ 443.822573, 441.643803, 434.659857, 427.477204 ] }, { "date": "2025-11-21", "close": 425.298553, "volume": 3694460, "typical_volume": 2617281.45, "trend": 419.292172, "fair_value": 396.219737, "relative_strength": -4.666966, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.025976, "energy": 18.343573, "activity_lines": [ 437.173596, 439.29395, 434.416305, 427.946802 ] }, { "date": "2025-11-28", "close": 438.380127, "volume": 3750530, "typical_volume": 2679296.2, "trend": 420.633116, "fair_value": 397.199454, "relative_strength": -4.623575, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.34385, "energy": 18.69383, "activity_lines": [ 435.881836, 439.444171, 435.304335, 429.178283 ] }, { "date": "2025-12-05", "close": 457.756561, "volume": 2642811, "typical_volume": 2670170.2, "trend": 422.721576, "fair_value": 398.292623, "relative_strength": -1.544857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.135726, "energy": 29.383707, "activity_lines": [ 442.622609, 442.845554, 437.913153, 431.573344 ] }, { "date": "2025-12-12", "close": 453.133789, "volume": 2481238, "typical_volume": 2598716.3, "trend": 424.13137, "fair_value": 399.407551, "relative_strength": -2.124749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.455439, "energy": 33.282793, "activity_lines": [ 447.074941, 444.725084, 439.888739, 433.535422 ] }, { "date": "2025-12-19", "close": 453.0354, "volume": 3422461, "typical_volume": 2652226.1, "trend": 425.94443, "fair_value": 400.508104, "relative_strength": -2.59712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.674061, "energy": 44.403209, "activity_lines": [ 450.20271, 446.334571, 441.679784, 435.400198 ] }, { "date": "2025-12-26", "close": 453.822266, "volume": 621139, "typical_volume": 2607584.35, "trend": 427.705031, "fair_value": 401.617884, "relative_strength": -2.462787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.150777, "energy": 53.451409, "activity_lines": [ 452.969836, 447.868949, 443.346712, 437.198769 ] }, { "date": "2026-01-02", "close": 460.707306, "volume": 1078035, "typical_volume": 2589944.3, "trend": 429.478749, "fair_value": 402.713236, "relative_strength": -1.843506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.838554, "energy": 60.074095, "activity_lines": [ 456.130396, 450.408365, 445.47592, 439.327948 ] }, { "date": "2026-01-09", "close": 484.214783, "volume": 2461433, "typical_volume": 2594670.5, "trend": 432.393414, "fair_value": 403.892944, "relative_strength": 0.097339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.441364, "energy": 75.121713, "activity_lines": [ 465.638302, 457.245116, 449.629892, 442.859305 ] }, { "date": "2026-01-16", "close": 499.066803, "volume": 3333902, "typical_volume": 2619388.2, "trend": 435.888391, "fair_value": 405.130807, "relative_strength": 1.118357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.739189, "energy": 86.67193, "activity_lines": [ 478.333, 466.097307, 454.976334, 447.160814 ] }, { "date": "2026-01-23", "close": 498.083221, "volume": 3506186, "typical_volume": 2691808.85, "trend": 439.353859, "fair_value": 406.388061, "relative_strength": 1.91863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.313496, "energy": 88.810602, "activity_lines": [ 487.637636, 473.58322, 459.868925, 451.173383 ] }, { "date": "2026-01-30", "close": 508.902588, "volume": 3261877, "typical_volume": 2732614.7, "trend": 442.940636, "fair_value": 407.533004, "relative_strength": 3.816758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.165824, "energy": 92.770238, "activity_lines": [ 497.54554, 482.047348, 465.451428, 455.660398 ] }, { "date": "2026-02-06", "close": 502.017517, "volume": 5157079, "typical_volume": 2877315.85, "trend": 445.933987, "fair_value": 408.74795, "relative_strength": -0.579038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.360131, "energy": 86.301797, "activity_lines": [ 501.486399, 487.739572, 470.011944, 459.47181 ] }, { "date": "2026-02-13", "close": 500.83725, "volume": 2668327, "typical_volume": 2875311.55, "trend": 448.720789, "fair_value": 409.857924, "relative_strength": -0.740117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.774317, "energy": 78.087736, "activity_lines": [ 502.279822, 492.060159, 474.085826, 463.013956 ] }, { "date": "2026-02-20", "close": 513.623718, "volume": 2300398, "typical_volume": 2862476.8, "trend": 451.963313, "fair_value": 411.123366, "relative_strength": -0.097475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.36784, "energy": 74.406888, "activity_lines": [ 506.227236, 497.922273, 478.993872, 467.201241 ] }, { "date": "2026-02-27", "close": 526.213501, "volume": 2985444, "typical_volume": 2882510.25, "trend": 455.795983, "fair_value": 412.379873, "relative_strength": 1.017921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.013627, "energy": 69.889199, "activity_lines": [ 513.400783, 504.973621, 484.746858, 471.991576 ] }, { "date": "2026-03-06", "close": 504.771545, "volume": 4424490, "typical_volume": 2969229.4, "trend": 458.848349, "fair_value": 413.547337, "relative_strength": 2.717185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.226875, "energy": 59.921504, "activity_lines": [ 511.55166, 506.795921, 488.052144, 475.15129 ] }, { "date": "2026-03-13", "close": 515.787598, "volume": 3603191, "typical_volume": 3020627.15, "trend": 462.182673, "fair_value": 414.852943, "relative_strength": 5.555726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.002368, "energy": 57.237629, "activity_lines": [ 513.649957, 509.694789, 492.099327, 478.82479 ] }, { "date": "2026-03-20", "close": 497.886505, "volume": 3144451, "typical_volume": 2984994.4, "trend": 464.192448, "fair_value": 416.010932, "relative_strength": 7.271594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.533441, "energy": 45.685374, "activity_lines": [ 508.863218, 508.337453, 494.185447, 481.128263 ] }, { "date": "2026-03-27", "close": 494.148895, "volume": 3079970, "typical_volume": 3007812.85, "trend": 466.549753, "fair_value": 416.969271, "relative_strength": 6.432284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.662228, "energy": 27.850642, "activity_lines": [ 503.027325, 506.051975, 495.671114, 483.060937 ] }, { "date": "2026-04-03", "close": 505.164948, "volume": 3008681, "typical_volume": 3031305.15, "trend": 469.169344, "fair_value": 418.057984, "relative_strength": 5.049905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.191028, "energy": 24.182863, "activity_lines": [ 502.161772, 505.858832, 497.91835, 485.55224 ] }, { "date": "2026-04-10", "close": 539.393433, "volume": 3064549, "typical_volume": 2999809.6, "trend": 472.749563, "fair_value": 419.284242, "relative_strength": 6.824439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.735185, "energy": 40.695747, "activity_lines": [ 514.10895, 511.760292, 503.132711, 490.082826 ] }, { "date": "2026-04-17", "close": 563.589417, "volume": 3520216, "typical_volume": 2988293.9, "trend": 477.421552, "fair_value": 420.695481, "relative_strength": 8.860249, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 82.19134, "energy": 60.202199, "activity_lines": [ 531.81333, 521.506642, 510.108142, 495.943462 ] }, { "date": "2026-04-24", "close": 538.400024, "volume": 4087569, "typical_volume": 3060531.8, "trend": 481.358809, "fair_value": 421.867041, "relative_strength": 6.535155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.295791, "energy": 67.694538, "activity_lines": [ 537.934459, 525.553613, 514.088349, 499.877557 ] }, { "date": "2026-05-01", "close": 548.0, "volume": 1932774, "typical_volume": 3033108.6, "trend": 484.983298, "fair_value": 423.048536, "relative_strength": 9.648077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.35527, "energy": 75.159625, "activity_lines": [ 544.554677, 530.663075, 518.598823, 504.176988 ] }, { "date": "2026-05-08", "close": 543.400024, "volume": 2713373, "typical_volume": 2997654.2, "trend": 488.39544, "fair_value": 424.201757, "relative_strength": 8.06405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.296203, "energy": 68.817372, "activity_lines": [ 546.051497, 534.311155, 522.21946, 507.945809 ] }, { "date": "2026-05-15", "close": 537.599976, "volume": 1512894, "typical_volume": 3042241.95, "trend": 491.640474, "fair_value": 425.230374, "relative_strength": 8.024595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.882668, "energy": 44.856575, "activity_lines": [ 543.065963, 536.592198, 524.857404, 511.120296 ] }, { "date": "2026-05-22", "close": 551.400024, "volume": 2235551, "typical_volume": 3100117.75, "trend": 494.620943, "fair_value": 426.370523, "relative_strength": 6.753085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.835061, "energy": 44.715765, "activity_lines": [ 544.800008, 540.78546, 528.410696, 514.97575 ] }, { "date": "2026-05-29", "close": 519.400024, "volume": 3526830, "typical_volume": 3153387.6, "trend": 497.049484, "fair_value": 427.289759, "relative_strength": 0.758054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.944028, "energy": 27.056456, "activity_lines": [ 536.680013, 538.513042, 528.484499, 516.574401 ] }, { "date": "2026-06-05", "close": 539.400024, "volume": 420359, "typical_volume": 3007710.45, "trend": 500.570909, "fair_value": 428.347521, "relative_strength": 5.224748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.850178, "energy": 23.520737, "activity_lines": [ 536.493351, 539.485832, 530.295516, 519.306694 ] }, { "date": "2026-06-12", "close": 530.799988, "volume": 621647, "typical_volume": 2863483.5, "trend": 503.474527, "fair_value": 429.385975, "relative_strength": 3.530274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.534283, "energy": 20.214578, "activity_lines": [ 534.013342, 538.072232, 531.095419, 521.256957 ] }, { "date": "2026-06-19", "close": 552.599976, "volume": 3452126, "typical_volume": 2872995.95, "trend": 507.717908, "fair_value": 430.624884, "relative_strength": 5.418831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.965447, "energy": 24.344981, "activity_lines": [ 539.639998, 540.156174, 533.815716, 524.426341 ] }, { "date": "2026-06-26", "close": 559.200012, "volume": 643023, "typical_volume": 2647293.15, "trend": 511.745237, "fair_value": 431.823532, "relative_strength": 7.275649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.681348, "energy": 38.182219, "activity_lines": [ 546.466667, 543.200004, 536.956506, 527.747767 ] }, { "date": "2026-07-03", "close": 588.799988, "volume": 474988, "typical_volume": 2537626.2, "trend": 516.113351, "fair_value": 433.333348, "relative_strength": 9.426979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.856589, "energy": 67.819735, "activity_lines": [ 562.639994, 551.705455, 542.644044, 532.719041 ] }, { "date": "2026-07-10", "close": 560.0, "volume": 2218900, "typical_volume": 2533551.3, "trend": 519.675558, "fair_value": 434.667655, "relative_strength": 6.166926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.574754, "energy": 63.297156, "activity_lines": [ 564.586662, 554.058182, 545.169855, 535.550438 ] }, { "date": "2026-07-17", "close": 559.599976, "volume": 2284400, "typical_volume": 2498499.1, "trend": 523.227711, "fair_value": 435.924722, "relative_strength": 6.957415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.07904, "energy": 61.851018, "activity_lines": [ 565.026656, 556.119995, 547.436729, 538.126207 ] }, { "date": "2026-07-24", "close": 574.599976, "volume": 2724082, "typical_volume": 2413478.7, "trend": 527.253635, "fair_value": 437.245766, "relative_strength": 7.768893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.924355, "energy": 60.279816, "activity_lines": [ 568.546651, 560.614537, 550.973192, 541.440546 ] }, { "date": "2026-07-31", "close": 563.599976, "volume": 2320266, "typical_volume": 2349332.45, "trend": 530.68339, "fair_value": 438.543652, "relative_strength": 4.030642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.94344, "energy": 36.414325, "activity_lines": [ 566.933313, 562.436351, 553.129519, 543.785472 ] }, { "date": "2026-08-07", "close": 569.0, "volume": 1802401, "typical_volume": 2282229.95, "trend": 533.509564, "fair_value": 439.860976, "relative_strength": 2.79855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.642451, "energy": 36.196556, "activity_lines": [ 566.826652, 565.01817, 555.572456, 546.257511 ] } ], "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." } } }