{ "ticker": { "uuid": "e153a631-6d6e-497a-8504-236f2982c529", "symbol": "4009", "name": "Middle East Healthcare Company", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.389, "architecture_energy": 62.337, "architecture_maturity": 21.135, "architecture_confidence": 96, "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": 16.06, "rotation_up": 16.96, "upward_expansion": 13.54, "deceleration": 40.31, "rotation_down": 58.81, "downward_expansion": 84.54 }, "activity_lines": [ 30.868, 31.263848, 32.49223, 33.080312 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 31.5, "trend_reference": 33.660656, "distance_from_trend": -0.064189, "trend_direction": "Weakening", "fair_value": 63.313839, "distance_from_fair_value": -0.502478, "fair_value_direction": "Weakening", "relative_strength": -19.136327, "relative_strength_direction": "Improving", "price_momentum": -0.073529, "excess_performance": -0.0417, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.064189, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.058584, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.502478, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.036141, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.191363, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.047076, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.073529, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.310582, "read": "Supply-led" } ], "volume": { "latest": 1914429, "relative_activity": 0.804851, "balance": 0.310582, "dry_up": 0.629198, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.051631, "annualized_volatility": 0.271189, "from_high_reference": -0.476309, "from_low_reference": 0.099093 }, "levels": { "trend_reference": 33.660656, "fair_value_reference": 63.313839, "structural_low": 28.66, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": -0.003448, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.012746, "regime_survival": 0.878788, "best_return": 0.277064, "worst_return": -0.228718, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.063584, "positive_rate": 0.272727, "directional_follow_through": 0.727273, "median_excess_return": -0.034391, "regime_survival": 0.636364, "best_return": 0.404255, "worst_return": -0.309229, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.096224, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.073945, "regime_survival": 0.666667, "best_return": 0.264808, "worst_return": -0.424791, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.2795, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.228786, "regime_survival": 0.75, "best_return": 1.952919, "worst_return": -0.440035, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-03-31", "end": "2023-08-11", "tenure": "Established", "return": 0.601594, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-08-18", "end": "2023-11-03", "tenure": "Developing", "return": 0.145902, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-10", "end": "2024-03-29", "tenure": "Established", "return": 0.571429, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-05", "end": "2024-05-10", "tenure": "Developing", "return": -0.026172, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-17", "end": "2024-06-28", "tenure": "Developing", "return": 0.032258, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-05", "end": "2025-01-10", "tenure": "Extended", "return": -0.182984, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.058745, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.033048, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.08481, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.062937, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.103918, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2026-04-10", "tenure": "Extended", "return": -0.431143, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-12", "tenure": "Developing", "return": -0.143902, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.015257, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 62.852505, "volume": 1899569, "typical_volume": 928278.85, "trend": 44.351992, "fair_value": 36.100281, "relative_strength": 62.629515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.396613, "energy": 52.791125, "activity_lines": [ 66.698998, 67.070309, 59.592804, 52.934276 ] }, { "date": "2023-08-11", "close": 59.779274, "volume": 5827553, "typical_volume": 1219570.05, "trend": 45.488756, "fair_value": 36.278854, "relative_strength": 51.967478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.234029, "energy": 36.993716, "activity_lines": [ 64.015705, 66.014055, 60.298325, 53.929585 ] }, { "date": "2023-08-18", "close": 60.473228, "volume": 1851071, "typical_volume": 1311765.05, "trend": 46.618912, "fair_value": 36.456791, "relative_strength": 51.159186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.665902, "energy": 26.213096, "activity_lines": [ 62.165157, 65.022691, 60.948376, 54.896325 ] }, { "date": "2023-08-25", "close": 58.490501, "volume": 2722869, "typical_volume": 1447688.3, "trend": 47.701151, "fair_value": 36.606131, "relative_strength": 44.811809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.465179, "energy": 27.825997, "activity_lines": [ 60.400529, 63.632978, 61.292993, 55.662234 ] }, { "date": "2023-09-01", "close": 58.193092, "volume": 2033779, "typical_volume": 1549130.1, "trend": 48.722257, "fair_value": 36.751341, "relative_strength": 41.144591, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.028102, "energy": 25.970763, "activity_lines": [ 59.250547, 62.187389, 61.508497, 56.339133 ] }, { "date": "2023-09-08", "close": 56.80518, "volume": 2515364, "typical_volume": 1674699.15, "trend": 49.710317, "fair_value": 36.887971, "relative_strength": 39.3571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.523514, "energy": 19.017826, "activity_lines": [ 58.1997, 60.767034, 61.491266, 56.860612 ] }, { "date": "2023-09-15", "close": 57.102589, "volume": 1133232, "typical_volume": 1731261.25, "trend": 50.713247, "fair_value": 37.020788, "relative_strength": 38.997936, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.821981, "energy": 17.843891, "activity_lines": [ 57.651145, 59.642285, 61.407236, 57.337533 ] }, { "date": "2023-09-22", "close": 53.037998, "volume": 1694319, "typical_volume": 1815837.65, "trend": 51.562516, "fair_value": 37.127551, "relative_strength": 30.020491, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.668545, "energy": 28.137654, "activity_lines": [ 55.926171, 57.991213, 60.839798, 57.487517 ] }, { "date": "2023-09-29", "close": 54.62418, "volume": 1626820, "typical_volume": 1897104.5, "trend": 52.487789, "fair_value": 37.244163, "relative_strength": 30.956827, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.340816, "energy": 37.683857, "activity_lines": [ 55.225607, 56.967404, 60.352613, 57.685044 ] }, { "date": "2023-10-06", "close": 62.257687, "volume": 4538394, "typical_volume": 2123710.5, "trend": 53.422976, "fair_value": 37.408119, "relative_strength": 50.667938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.093173, "energy": 16.3861, "activity_lines": [ 57.3273, 57.596471, 60.524214, 58.31536 ] }, { "date": "2023-10-13", "close": 61.662868, "volume": 2320081, "typical_volume": 2239371.7, "trend": 54.328423, "fair_value": 37.574618, "relative_strength": 49.325348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.322196, "energy": 14.579561, "activity_lines": [ 58.959748, 58.196697, 60.542625, 58.846966 ] }, { "date": "2023-10-20", "close": 64.339554, "volume": 3426970, "typical_volume": 2410507.7, "trend": 55.331353, "fair_value": 37.753508, "relative_strength": 52.425763, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.375496, "energy": 32.928347, "activity_lines": [ 61.160577, 59.305223, 60.773472, 59.492845 ] }, { "date": "2023-10-27", "close": 66.718826, "volume": 2425918, "typical_volume": 2531367.0, "trend": 56.355763, "fair_value": 37.945744, "relative_strength": 58.931325, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.164202, "energy": 45.478593, "activity_lines": [ 63.672034, 60.76343, 61.193149, 60.227521 ] }, { "date": "2023-11-03", "close": 69.296371, "volume": 3679590, "typical_volume": 2715082.8, "trend": 57.42148, "fair_value": 38.153549, "relative_strength": 55.622251, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.177449, "energy": 69.61992, "activity_lines": [ 66.130616, 62.576725, 61.818653, 61.062399 ] }, { "date": "2023-11-10", "close": 69.395508, "volume": 4585802, "typical_volume": 2944289.65, "trend": 58.498762, "fair_value": 38.365485, "relative_strength": 53.417021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.870575, "energy": 78.121375, "activity_lines": [ 67.644099, 64.211575, 62.40167, 61.834917 ] }, { "date": "2023-11-17", "close": 69.395508, "volume": 1900745, "typical_volume": 2842216.55, "trend": 59.584306, "fair_value": 38.596804, "relative_strength": 47.45357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.895264, "energy": 77.068403, "activity_lines": [ 68.681726, 65.642744, 63.004041, 62.537933 ] }, { "date": "2023-11-24", "close": 69.89119, "volume": 1319665, "typical_volume": 2733074.3, "trend": 60.684721, "fair_value": 38.829075, "relative_strength": 45.988115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.102497, "energy": 75.083759, "activity_lines": [ 69.369072, 66.935123, 63.656925, 63.202893 ] }, { "date": "2023-12-01", "close": 77.722969, "volume": 3874656, "typical_volume": 2728918.85, "trend": 62.003235, "fair_value": 39.102971, "relative_strength": 57.71195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.107907, "energy": 82.183915, "activity_lines": [ 72.296901, 69.418941, 65.0505, 64.302135 ] }, { "date": "2023-12-08", "close": 84.365112, "volume": 8288828, "typical_volume": 2985586.65, "trend": 63.472107, "fair_value": 39.419763, "relative_strength": 66.772016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.754241, "energy": 85.435421, "activity_lines": [ 76.705169, 72.661604, 67.047864, 65.744836 ] }, { "date": "2023-12-15", "close": 84.265976, "volume": 2558781, "typical_volume": 3011200.3, "trend": 64.881497, "fair_value": 39.732742, "relative_strength": 58.770931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.490632, "energy": 89.172836, "activity_lines": [ 80.075808, 75.345498, 68.963557, 67.086376 ] }, { "date": "2023-12-22", "close": 84.860794, "volume": 1745623, "typical_volume": 3003503.0, "trend": 65.95217, "fair_value": 40.048581, "relative_strength": 55.709022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.763076, "energy": 90.415961, "activity_lines": [ 82.653356, 77.73739, 70.851871, 68.375363 ] }, { "date": "2023-12-29", "close": 87.834885, "volume": 4018173, "typical_volume": 2913034.0, "trend": 66.999712, "fair_value": 40.387932, "relative_strength": 53.915958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.057015, "energy": 90.447129, "activity_lines": [ 85.191248, 80.248245, 72.918629, 69.787151 ] }, { "date": "2024-01-05", "close": 89.52021, "volume": 2676669, "typical_volume": 2954313.9, "trend": 68.03734, "fair_value": 40.739994, "relative_strength": 51.096126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.007743, "energy": 90.555638, "activity_lines": [ 87.094669, 82.638335, 75.012297, 71.240087 ] }, { "date": "2024-01-12", "close": 89.619347, "volume": 2080588, "typical_volume": 2922199.85, "trend": 69.078273, "fair_value": 41.093008, "relative_strength": 48.722691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.85656, "energy": 87.243261, "activity_lines": [ 88.244653, 84.63188, 76.977087, 72.632474 ] }, { "date": "2024-01-19", "close": 93.188255, "volume": 3768537, "typical_volume": 3008937.75, "trend": 69.735878, "fair_value": 41.46763, "relative_strength": 53.5181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.254124, "energy": 82.885048, "activity_lines": [ 90.23399, 86.904808, 79.133541, 74.187957 ] }, { "date": "2024-01-26", "close": 95.369255, "volume": 2054369, "typical_volume": 2985888.0, "trend": 70.578538, "fair_value": 41.859409, "relative_strength": 51.394532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.357449, "energy": 81.533366, "activity_lines": [ 92.355509, 89.141686, 81.331065, 75.841723 ] }, { "date": "2024-02-02", "close": 107.265625, "volume": 6111760, "typical_volume": 3234814.4, "trend": 71.860702, "fair_value": 42.32713, "relative_strength": 69.744634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.714178, "energy": 83.832034, "activity_lines": [ 97.741921, 93.069291, 84.477938, 78.208632 ] }, { "date": "2024-02-09", "close": 130.265274, "volume": 10366945, "typical_volume": 3668445.7, "trend": 73.81369, "fair_value": 42.942284, "relative_strength": 95.499745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.485107, "energy": 94.632126, "activity_lines": [ 109.499499, 100.499115, 89.576383, 81.976669 ] }, { "date": "2024-02-16", "close": 117.774094, "volume": 4401583, "typical_volume": 3807183.85, "trend": 75.432918, "fair_value": 43.476414, "relative_strength": 68.700097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.100045, "energy": 86.69426, "activity_lines": [ 114.377014, 104.7025, 93.117442, 84.812824 ] }, { "date": "2024-02-23", "close": 117.972366, "volume": 2402314, "typical_volume": 3700379.85, "trend": 77.144674, "fair_value": 44.026748, "relative_strength": 63.206902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.910312, "energy": 80.703306, "activity_lines": [ 117.443636, 108.334499, 96.376671, 87.557305 ] }, { "date": "2024-03-01", "close": 120.549911, "volume": 2094292, "typical_volume": 3689090.4, "trend": 79.067921, "fair_value": 44.586297, "relative_strength": 63.038308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.651746, "energy": 73.936772, "activity_lines": [ 119.717165, 111.822299, 99.616072, 90.357642 ] }, { "date": "2024-03-08", "close": 114.006905, "volume": 2000376, "typical_volume": 3617760.7, "trend": 80.875509, "fair_value": 45.101997, "relative_strength": 51.974774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.3874, "energy": 66.207828, "activity_lines": [ 118.130982, 113.471569, 101.951915, 92.61177 ] }, { "date": "2024-03-15", "close": 111.825912, "volume": 2364797, "typical_volume": 3614704.65, "trend": 82.587265, "fair_value": 45.605941, "relative_strength": 44.741774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.131187, "energy": 61.113623, "activity_lines": [ 115.368383, 114.248439, 103.843534, 94.608571 ] }, { "date": "2024-03-22", "close": 109.644905, "volume": 2152011, "typical_volume": 3538325.7, "trend": 84.292412, "fair_value": 46.093044, "relative_strength": 38.492629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.578078, "energy": 47.406981, "activity_lines": [ 113.108072, 114.223205, 105.312641, 96.354225 ] }, { "date": "2024-03-29", "close": 109.050087, "volume": 2967965, "typical_volume": 3457433.85, "trend": 85.987645, "fair_value": 46.571885, "relative_strength": 38.439412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.675629, "energy": 35.557025, "activity_lines": [ 111.191434, 113.725721, 106.532964, 97.951494 ] }, { "date": "2024-04-05", "close": 90.908112, "volume": 4612569, "typical_volume": 3593025.05, "trend": 87.124409, "fair_value": 46.924582, "relative_strength": 12.883448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.725586, "energy": 20.278685, "activity_lines": [ 103.82229, 109.641299, 105.836648, 98.268944 ] }, { "date": "2024-04-19", "close": 92.79171, "volume": 1954597, "typical_volume": 3624771.65, "trend": 88.314046, "fair_value": 47.297933, "relative_strength": 15.682141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.925318, "energy": 20.145188, "activity_lines": [ 99.057132, 105.980461, 105.217281, 98.634576 ] }, { "date": "2024-04-26", "close": 90.313293, "volume": 1192160, "typical_volume": 3490646.85, "trend": 89.556556, "fair_value": 47.653807, "relative_strength": 13.504667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.160503, "energy": 26.698672, "activity_lines": [ 94.880181, 102.132164, 104.252825, 98.76356 ] }, { "date": "2024-05-03", "close": 90.214165, "volume": 1225115, "typical_volume": 3137461.2, "trend": 90.742889, "fair_value": 48.006504, "relative_strength": 11.165423, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.493238, "energy": 30.85581, "activity_lines": [ 92.104363, 98.992243, 103.218974, 98.805986 ] }, { "date": "2024-05-10", "close": 88.528847, "volume": 1178822, "typical_volume": 3068463.25, "trend": 91.618594, "fair_value": 48.348398, "relative_strength": 8.47879, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.963125, "energy": 44.776899, "activity_lines": [ 90.062154, 96.04699, 101.996764, 98.663145 ] }, { "date": "2024-05-17", "close": 82.977196, "volume": 814201, "typical_volume": 3021892.15, "trend": 92.329072, "fair_value": 48.645807, "relative_strength": 1.45931, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.562659, "energy": 65.739099, "activity_lines": [ 87.537477, 92.627683, 100.225525, 98.105635 ] }, { "date": "2024-05-24", "close": 79.309151, "volume": 641375, "typical_volume": 2853052.25, "trend": 92.828059, "fair_value": 48.91589, "relative_strength": -2.209935, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.07463, "energy": 70.690412, "activity_lines": [ 84.318847, 89.224599, 98.113919, 97.26564 ] }, { "date": "2024-05-31", "close": 72.072189, "volume": 1716877, "typical_volume": 2805062.65, "trend": 93.006504, "fair_value": 49.133546, "relative_strength": -7.752707, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.131515, "energy": 80.211755, "activity_lines": [ 79.586733, 85.136572, 95.353677, 95.926552 ] }, { "date": "2024-06-07", "close": 75.839378, "volume": 1500650, "typical_volume": 2776065.75, "trend": 93.224604, "fair_value": 49.373443, "relative_strength": -3.821815, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.739121, "energy": 76.488775, "activity_lines": [ 77.326423, 82.456283, 93.035301, 94.818995 ] }, { "date": "2024-06-14", "close": 81.787567, "volume": 1239591, "typical_volume": 2649618.45, "trend": 93.637673, "fair_value": 49.654965, "relative_strength": 3.746084, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.327939, "energy": 67.909058, "activity_lines": [ 78.007161, 81.47213, 91.349037, 94.081122 ] }, { "date": "2024-06-28", "close": 85.653885, "volume": 1266079, "typical_volume": 2610203.95, "trend": 94.179619, "fair_value": 49.961271, "relative_strength": 5.866493, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.70915, "energy": 53.288595, "activity_lines": [ 80.42609, 81.686625, 90.085284, 93.566039 ] }, { "date": "2024-07-05", "close": 85.059067, "volume": 400322, "typical_volume": 2324632.05, "trend": 94.685215, "fair_value": 50.268213, "relative_strength": 5.501492, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.673379, "energy": 37.751327, "activity_lines": [ 82.468301, 81.888503, 88.811145, 92.977616 ] }, { "date": "2024-07-12", "close": 86.54612, "volume": 686774, "typical_volume": 1840623.5, "trend": 94.97932, "fair_value": 50.578968, "relative_strength": 5.76881, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.129806, "energy": 26.314514, "activity_lines": [ 84.622869, 82.501348, 87.784375, 92.452513 ] }, { "date": "2024-07-19", "close": 86.645248, "volume": 1229070, "typical_volume": 1681997.85, "trend": 95.055324, "fair_value": 50.889722, "relative_strength": 2.117331, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.430883, "energy": 29.344746, "activity_lines": [ 85.845551, 83.20071, 86.975233, 91.914831 ] }, { "date": "2024-07-26", "close": 82.283249, "volume": 752966, "typical_volume": 1599530.45, "trend": 94.989233, "fair_value": 51.174739, "relative_strength": -1.911455, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.503833, "energy": 27.08035, "activity_lines": [ 84.893841, 83.17187, 85.898894, 91.090826 ] }, { "date": "2024-08-02", "close": 76.731606, "volume": 972151, "typical_volume": 1543423.4, "trend": 94.71826, "fair_value": 51.418768, "relative_strength": -8.799745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.168859, "energy": 45.450196, "activity_lines": [ 82.058538, 82.247198, 84.463776, 89.912915 ] }, { "date": "2024-08-09", "close": 61.068047, "volume": 4663780, "typical_volume": 1676593.6, "trend": 93.826033, "fair_value": 51.565884, "relative_strength": -24.980838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.669862, "energy": 84.482951, "activity_lines": [ 74.596868, 78.588162, 81.74555, 87.741933 ] }, { "date": "2024-08-16", "close": 72.667015, "volume": 6144307, "typical_volume": 1865569.1, "trend": 93.264259, "fair_value": 51.789576, "relative_strength": -12.727329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.465047, "energy": 71.367404, "activity_lines": [ 72.600922, 77.369685, 80.384076, 86.376835 ] }, { "date": "2024-08-23", "close": 73.856651, "volume": 2825406, "typical_volume": 1899238.85, "trend": 92.738836, "fair_value": 52.019941, "relative_strength": -13.527043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.702845, "energy": 74.248198, "activity_lines": [ 71.926794, 76.356691, 79.322372, 85.124732 ] }, { "date": "2024-08-30", "close": 73.36097, "volume": 2007503, "typical_volume": 1851215.75, "trend": 92.077927, "fair_value": 52.245858, "relative_strength": -13.938341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.067756, "energy": 68.668941, "activity_lines": [ 71.940013, 75.289623, 78.383881, 83.874547 ] }, { "date": "2024-09-06", "close": 73.856651, "volume": 1150812, "typical_volume": 1678127.9, "trend": 91.36084, "fair_value": 52.4597, "relative_strength": -13.261774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.351306, "energy": 47.11513, "activity_lines": [ 72.713278, 74.465889, 77.662545, 82.698981 ] }, { "date": "2024-09-13", "close": 71.279106, "volume": 1047362, "typical_volume": 1632766.15, "trend": 90.161289, "fair_value": 52.66973, "relative_strength": -14.69521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.938819, "energy": 45.932713, "activity_lines": [ 72.819024, 73.388006, 76.776927, 81.403385 ] }, { "date": "2024-09-20", "close": 71.973053, "volume": 891734, "typical_volume": 1617744.85, "trend": 88.218215, "fair_value": 52.890563, "relative_strength": -15.766119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.279011, "energy": 44.202269, "activity_lines": [ 72.475349, 72.68684, 76.059839, 80.22995 ] }, { "date": "2024-09-27", "close": 74.848015, "volume": 1490706, "typical_volume": 1631024.4, "trend": 86.787346, "fair_value": 53.123787, "relative_strength": -14.697012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.180938, "energy": 35.751908, "activity_lines": [ 73.136258, 72.773359, 75.703893, 79.367357 ] }, { "date": "2024-10-04", "close": 70.386871, "volume": 1316113, "typical_volume": 1637888.95, "trend": 85.201163, "fair_value": 53.330322, "relative_strength": -17.21946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.14453, "energy": 42.379006, "activity_lines": [ 72.244029, 72.263257, 74.996247, 78.309262 ] }, { "date": "2024-10-11", "close": 67.313644, "volume": 1451974, "typical_volume": 1669777.6, "trend": 83.42662, "fair_value": 53.519062, "relative_strength": -21.218981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.842125, "energy": 46.499855, "activity_lines": [ 70.525664, 71.410683, 74.082303, 77.155228 ] }, { "date": "2024-10-18", "close": 71.477371, "volume": 1602157, "typical_volume": 1717816.7, "trend": 82.008969, "fair_value": 53.737035, "relative_strength": -15.786062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.973775, "energy": 38.493406, "activity_lines": [ 70.631408, 71.486387, 73.639493, 76.384309 ] }, { "date": "2024-10-25", "close": 70.188606, "volume": 1177128, "typical_volume": 1690829.25, "trend": 80.621059, "fair_value": 53.946112, "relative_strength": -17.173736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.687758, "energy": 39.745429, "activity_lines": [ 70.294347, 71.138509, 73.111238, 75.621705 ] }, { "date": "2024-11-01", "close": 71.675652, "volume": 754891, "typical_volume": 1653541.3, "trend": 79.355417, "fair_value": 54.168215, "relative_strength": -16.358818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.161374, "energy": 35.601313, "activity_lines": [ 70.57193, 71.106065, 72.733576, 75.044582 ] }, { "date": "2024-11-08", "close": 71.378235, "volume": 728413, "typical_volume": 1627982.4, "trend": 78.099689, "fair_value": 54.394132, "relative_strength": -17.335141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.0385, "energy": 30.773996, "activity_lines": [ 70.961866, 71.059199, 72.347416, 74.529925 ] }, { "date": "2024-11-15", "close": 66.817963, "volume": 990208, "typical_volume": 1614188.85, "trend": 77.296684, "fair_value": 54.585414, "relative_strength": -20.232697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.573218, "energy": 46.296799, "activity_lines": [ 69.76562, 70.219243, 71.576512, 73.802071 ] }, { "date": "2024-11-22", "close": 69.89119, "volume": 1456426, "typical_volume": 1666994.05, "trend": 76.533333, "fair_value": 54.797668, "relative_strength": -16.799254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.133503, "energy": 35.793622, "activity_lines": [ 69.626828, 70.066032, 71.187991, 73.324298 ] }, { "date": "2024-11-29", "close": 69.395508, "volume": 512233, "typical_volume": 1658267.0, "trend": 75.836074, "fair_value": 55.005791, "relative_strength": -15.907085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.099466, "energy": 41.092651, "activity_lines": [ 69.428554, 69.847932, 70.824491, 72.863793 ] }, { "date": "2024-12-06", "close": 72.27047, "volume": 1401983, "typical_volume": 1666912.65, "trend": 75.237951, "fair_value": 55.246642, "relative_strength": -14.497262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.992926, "energy": 27.927447, "activity_lines": [ 70.241474, 70.199416, 70.816466, 72.633754 ] }, { "date": "2024-12-13", "close": 72.468735, "volume": 1987392, "typical_volume": 1728633.95, "trend": 74.702614, "fair_value": 55.491305, "relative_strength": -15.227623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.984015, "energy": 15.577328, "activity_lines": [ 71.080828, 70.633813, 70.895774, 72.455095 ] }, { "date": "2024-12-20", "close": 69.990326, "volume": 1568501, "typical_volume": 1758451.45, "trend": 74.269718, "fair_value": 55.727708, "relative_strength": -16.331212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.483683, "energy": 16.236675, "activity_lines": [ 71.021346, 70.579739, 70.78578, 72.151076 ] }, { "date": "2024-12-27", "close": 67.511917, "volume": 802303, "typical_volume": 1565377.6, "trend": 73.876477, "fair_value": 55.955213, "relative_strength": -18.712352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.432144, "energy": 25.482667, "activity_lines": [ 69.924236, 70.026377, 70.471848, 71.715089 ] }, { "date": "2025-01-03", "close": 68.701561, "volume": 1139528, "typical_volume": 1315138.65, "trend": 73.764123, "fair_value": 56.187167, "relative_strength": -18.578031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.407687, "energy": 28.727314, "activity_lines": [ 69.382293, 69.761414, 70.24053, 71.381223 ] }, { "date": "2025-01-10", "close": 69.494644, "volume": 1076313, "typical_volume": 1227684.0, "trend": 73.552631, "fair_value": 56.422934, "relative_strength": -17.236302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.800313, "energy": 35.10924, "activity_lines": [ 69.150973, 69.667684, 70.103627, 71.105773 ] }, { "date": "2025-01-17", "close": 74.253197, "volume": 1682324, "typical_volume": 1211425.05, "trend": 73.301486, "fair_value": 56.693653, "relative_strength": -12.392903, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.642139, "energy": 6.809563, "activity_lines": [ 70.690894, 70.478801, 70.440691, 71.150971 ] }, { "date": "2025-01-24", "close": 78.615204, "volume": 2156967, "typical_volume": 1261732.8, "trend": 73.066863, "fair_value": 56.996464, "relative_strength": -7.716912, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.787363, "energy": 35.574583, "activity_lines": [ 73.565852, 72.030738, 71.188936, 71.493792 ] }, { "date": "2025-01-31", "close": 80.994469, "volume": 915865, "typical_volume": 1255157.95, "trend": 72.931376, "fair_value": 57.307854, "relative_strength": -5.058675, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.526542, "energy": 65.460445, "activity_lines": [ 76.658907, 73.800773, 72.141117, 72.00525 ] }, { "date": "2025-02-07", "close": 83.671158, "volume": 1909205, "typical_volume": 1306031.5, "trend": 72.835544, "fair_value": 57.629412, "relative_strength": -1.757909, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.209514, "energy": 77.593127, "activity_lines": [ 79.745354, 75.855601, 73.301958, 72.698139 ] }, { "date": "2025-02-14", "close": 83.671158, "volume": 1648279, "typical_volume": 1313910.15, "trend": 72.736408, "fair_value": 57.95097, "relative_strength": -0.746353, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.301298, "energy": 90.097804, "activity_lines": [ 81.833829, 77.650872, 74.407093, 73.397211 ] }, { "date": "2025-02-21", "close": 78.317787, "volume": 1041857, "typical_volume": 1300197.35, "trend": 72.604226, "fair_value": 58.241706, "relative_strength": -5.963816, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.597994, "energy": 81.762732, "activity_lines": [ 81.192746, 78.265518, 74.960369, 73.7573 ] }, { "date": "2025-02-28", "close": 76.235924, "volume": 519650, "typical_volume": 1253581.15, "trend": 72.587703, "fair_value": 58.515602, "relative_strength": -5.52739, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.464742, "energy": 60.724354, "activity_lines": [ 79.586735, 78.395296, 75.277605, 73.991603 ] }, { "date": "2025-03-07", "close": 71.675652, "volume": 3726218, "typical_volume": 1359784.2, "trend": 72.94129, "fair_value": 58.759631, "relative_strength": -8.048951, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.242999, "energy": 19.894141, "activity_lines": [ 76.619253, 77.582378, 75.118043, 73.932761 ] }, { "date": "2025-03-14", "close": 70.882553, "volume": 906409, "typical_volume": 1346248.25, "trend": 72.881808, "fair_value": 59.008107, "relative_strength": -7.461923, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.493915, "energy": 21.232321, "activity_lines": [ 74.008658, 76.549556, 74.882004, 73.799939 ] }, { "date": "2025-03-21", "close": 69.395508, "volume": 847306, "typical_volume": 1350869.0, "trend": 72.733103, "fair_value": 59.253724, "relative_strength": -8.819491, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.561662, "energy": 30.440566, "activity_lines": [ 71.754956, 75.206707, 74.501036, 73.575017 ] }, { "date": "2025-03-28", "close": 67.908463, "volume": 1003414, "typical_volume": 1364619.05, "trend": 72.551353, "fair_value": 59.487267, "relative_strength": -11.91625, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.499029, "energy": 39.484926, "activity_lines": [ 69.957282, 73.595289, 73.989303, 73.26375 ] }, { "date": "2025-04-04", "close": 66.421417, "volume": 231003, "typical_volume": 1326658.8, "trend": 72.303512, "fair_value": 59.707464, "relative_strength": -12.0336, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.196136, "energy": 53.772962, "activity_lines": [ 68.357881, 71.828858, 73.35247, 72.86827 ] }, { "date": "2025-04-11", "close": 58.193092, "volume": 1940633, "typical_volume": 1350869.15, "trend": 71.867311, "fair_value": 59.875551, "relative_strength": -19.502459, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.070947, "energy": 73.985905, "activity_lines": [ 64.670006, 68.788073, 71.933875, 71.95792 ] }, { "date": "2025-04-18", "close": 64.240417, "volume": 1609667, "typical_volume": 1405740.85, "trend": 71.609557, "fair_value": 60.071282, "relative_strength": -11.091474, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.89493, "energy": 73.119589, "activity_lines": [ 63.896743, 67.261373, 71.14692, 71.465862 ] }, { "date": "2025-04-25", "close": 64.339554, "volume": 1318963, "typical_volume": 1401589.85, "trend": 71.259275, "fair_value": 60.277499, "relative_strength": -12.026161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.653766, "energy": 71.231447, "activity_lines": [ 63.599334, 66.105983, 70.393956, 70.99683 ] }, { "date": "2025-05-02", "close": 68.404144, "volume": 2381175, "typical_volume": 1421279.0, "trend": 71.193184, "fair_value": 60.511041, "relative_strength": -4.252408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.82726, "energy": 47.60422, "activity_lines": [ 64.993853, 66.041093, 70.065861, 70.812628 ] }, { "date": "2025-05-09", "close": 63.843868, "volume": 2626313, "typical_volume": 1474169.6, "trend": 71.077525, "fair_value": 60.700417, "relative_strength": -8.745668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.257633, "energy": 39.621709, "activity_lines": [ 64.835234, 65.327311, 69.32281, 70.338479 ] }, { "date": "2025-05-16", "close": 62.753368, "volume": 1586868, "typical_volume": 1513397.85, "trend": 70.786725, "fair_value": 60.869775, "relative_strength": -10.7631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.507068, "energy": 38.699276, "activity_lines": [ 64.484951, 64.640566, 68.50517, 69.801436 ] }, { "date": "2025-05-23", "close": 60.076683, "volume": 899384, "typical_volume": 1501390.65, "trend": 70.449661, "fair_value": 61.026106, "relative_strength": -11.910534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.5223, "energy": 45.57912, "activity_lines": [ 62.938422, 63.629374, 67.455268, 69.110466 ] }, { "date": "2025-05-30", "close": 59.878414, "volume": 933640, "typical_volume": 1494257.0, "trend": 70.056419, "fair_value": 61.204043, "relative_strength": -10.287666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.532608, "energy": 58.869131, "activity_lines": [ 61.603386, 62.778603, 66.427554, 68.42845 ] }, { "date": "2025-06-06", "close": 57.499138, "volume": 558057, "typical_volume": 1438043.65, "trend": 69.593783, "fair_value": 61.354019, "relative_strength": -13.6786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.195107, "energy": 76.681109, "activity_lines": [ 59.772667, 61.668275, 65.219033, 67.618303 ] }, { "date": "2025-06-13", "close": 54.326771, "volume": 458170, "typical_volume": 1353103.8, "trend": 69.17741, "fair_value": 61.461417, "relative_strength": -16.800988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.575795, "energy": 86.207307, "activity_lines": [ 57.611492, 60.170414, 63.788164, 66.633334 ] }, { "date": "2025-06-20", "close": 51.154404, "volume": 1109313, "typical_volume": 1362776.2, "trend": 68.55285, "fair_value": 61.548479, "relative_strength": -19.369556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.680219, "energy": 89.464587, "activity_lines": [ 55.027335, 58.315661, 62.170824, 65.47056 ] }, { "date": "2025-06-27", "close": 54.525043, "volume": 3984209, "typical_volume": 1466526.4, "trend": 68.057168, "fair_value": 61.657465, "relative_strength": -16.975072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.028353, "energy": 79.11437, "activity_lines": [ 54.339989, 57.201728, 61.016592, 64.56554 ] }, { "date": "2025-07-04", "close": 57.300861, "volume": 3424805, "typical_volume": 1555352.7, "trend": 67.558181, "fair_value": 61.820786, "relative_strength": -13.498684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.394686, "energy": 59.048409, "activity_lines": [ 54.948025, 56.769132, 60.265515, 63.871585 ] }, { "date": "2025-07-11", "close": 59.950001, "volume": 2017670, "typical_volume": 1604143.35, "trend": 67.14089, "fair_value": 61.999818, "relative_strength": -9.160171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.689073, "energy": 49.208302, "activity_lines": [ 56.610944, 56.946174, 59.892311, 63.380734 ] }, { "date": "2025-07-18", "close": 58.0, "volume": 918078, "typical_volume": 1624064.75, "trend": 66.741212, "fair_value": 62.166985, "relative_strength": -9.412106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.731625, "energy": 34.953809, "activity_lines": [ 57.460472, 56.922382, 59.420857, 62.790999 ] }, { "date": "2025-07-25", "close": 57.650002, "volume": 694154, "typical_volume": 1472461.55, "trend": 66.412482, "fair_value": 62.329684, "relative_strength": -8.981503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.464057, "energy": 26.24192, "activity_lines": [ 57.948452, 56.941206, 59.002908, 62.20447 ] }, { "date": "2025-08-01", "close": 56.400002, "volume": 456298, "typical_volume": 1449956.0, "trend": 66.00243, "fair_value": 62.490408, "relative_strength": -10.387892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.874986, "energy": 27.116264, "activity_lines": [ 57.586725, 56.825546, 58.5327, 61.558503 ] }, { "date": "2025-08-08", "close": 59.799999, "volume": 1250764, "typical_volume": 1470128.9, "trend": 65.679275, "fair_value": 62.662758, "relative_strength": -5.147894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.866549, "energy": 24.764519, "activity_lines": [ 58.233334, 57.394916, 58.455266, 61.158346 ] }, { "date": "2025-08-15", "close": 57.799999, "volume": 700441, "typical_volume": 1454980.25, "trend": 65.130835, "fair_value": 62.811803, "relative_strength": -7.265726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.920509, "energy": 23.528741, "activity_lines": [ 58.046667, 57.602076, 58.233048, 60.650006 ] }, { "date": "2025-08-22", "close": 56.599998, "volume": 582166, "typical_volume": 1472538.4, "trend": 64.396995, "fair_value": 62.950613, "relative_strength": -9.211416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.534942, "energy": 26.763929, "activity_lines": [ 57.603333, 57.585583, 57.944681, 60.099629 ] }, { "date": "2025-08-29", "close": 57.400002, "volume": 556123, "typical_volume": 1403312.9, "trend": 63.610513, "fair_value": 63.104402, "relative_strength": -6.557377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.573723, "energy": 25.242478, "activity_lines": [ 57.52, 57.673214, 57.779272, 59.648211 ] }, { "date": "2025-09-05", "close": 57.599998, "volume": 534182, "typical_volume": 1349538.65, "trend": 62.741474, "fair_value": 63.25979, "relative_strength": -5.334685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.094176, "energy": 23.845593, "activity_lines": [ 57.519999, 57.683652, 57.636688, 59.260435 ] }, { "date": "2025-09-12", "close": 53.5, "volume": 1161048, "typical_volume": 1341642.9, "trend": 61.735769, "fair_value": 63.389214, "relative_strength": -10.096501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.850396, "energy": 40.481249, "activity_lines": [ 56.073333, 56.892727, 57.135249, 58.664211 ] }, { "date": "2025-09-19", "close": 54.450001, "volume": 1365058, "typical_volume": 1290837.05, "trend": 60.940176, "fair_value": 63.532354, "relative_strength": -11.008122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.600938, "energy": 49.196466, "activity_lines": [ 55.363333, 56.343636, 56.775903, 58.194162 ] }, { "date": "2025-09-26", "close": 56.200001, "volume": 837767, "typical_volume": 1201409.75, "trend": 60.272312, "fair_value": 63.695608, "relative_strength": -12.110751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.754293, "energy": 50.439365, "activity_lines": [ 55.46, 56.212727, 56.649672, 57.888344 ] }, { "date": "2025-10-03", "close": 57.5, "volume": 1038097, "typical_volume": 1173971.2, "trend": 59.79979, "fair_value": 63.864654, "relative_strength": -11.278363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.959254, "energy": 40.480887, "activity_lines": [ 56.016667, 56.350909, 56.683649, 57.709485 ] }, { "date": "2025-10-10", "close": 58.5, "volume": 1326034, "typical_volume": 1195303.7, "trend": 59.387038, "fair_value": 64.057269, "relative_strength": -10.245933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.632048, "energy": 13.684383, "activity_lines": [ 56.9, 56.673636, 56.837881, 57.625628 ] }, { "date": "2025-10-17", "close": 55.900002, "volume": 3411276, "typical_volume": 1319185.5, "trend": 58.937188, "fair_value": 64.242749, "relative_strength": -14.708886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.355457, "energy": 17.921344, "activity_lines": [ 56.856668, 56.485455, 56.752002, 57.400658 ] }, { "date": "2025-10-24", "close": 52.549999, "volume": 3443884, "typical_volume": 1463476.85, "trend": 58.425239, "fair_value": 64.384512, "relative_strength": -18.849807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.589141, "energy": 32.326513, "activity_lines": [ 55.536667, 55.759091, 56.36602, 56.988581 ] }, { "date": "2025-10-31", "close": 51.150002, "volume": 2974771, "typical_volume": 1589306.9, "trend": 57.916192, "fair_value": 64.502367, "relative_strength": -20.881748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.57573, "energy": 61.217269, "activity_lines": [ 53.876667, 54.873637, 55.870272, 56.519211 ] }, { "date": "2025-11-07", "close": 45.119999, "volume": 3364761, "typical_volume": 1702079.3, "trend": 57.480422, "fair_value": 64.584429, "relative_strength": -27.550814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.299989, "energy": 88.876277, "activity_lines": [ 50.543334, 52.990909, 54.815366, 55.69365 ] }, { "date": "2025-11-14", "close": 42.759998, "volume": 1963253, "typical_volume": 1601031.5, "trend": 56.764408, "fair_value": 64.651361, "relative_strength": -30.125326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.04061, "energy": 96.57083, "activity_lines": [ 47.248666, 50.902364, 53.564433, 54.743945 ] }, { "date": "2025-11-21", "close": 41.860001, "volume": 2302675, "typical_volume": 1544925.0, "trend": 56.01509, "fair_value": 64.716338, "relative_strength": -30.042069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.431521, "energy": 96.018868, "activity_lines": [ 44.703333, 48.92, 52.28381, 53.782371 ] }, { "date": "2025-11-28", "close": 40.0, "volume": 2235238, "typical_volume": 1555803.4, "trend": 55.068285, "fair_value": 64.800213, "relative_strength": -30.282941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.639411, "energy": 95.525333, "activity_lines": [ 42.474, 46.811091, 50.899572, 52.749139 ] }, { "date": "2025-12-05", "close": 38.0, "volume": 2763597, "typical_volume": 1648079.35, "trend": 54.206823, "fair_value": 64.870949, "relative_strength": -33.086366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.059831, "energy": 95.289958, "activity_lines": [ 40.414667, 44.601273, 49.419857, 51.647959 ] }, { "date": "2025-12-12", "close": 37.0, "volume": 2798051, "typical_volume": 1753274.2, "trend": 53.348377, "fair_value": 64.939406, "relative_strength": -34.798258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.166415, "energy": 94.641066, "activity_lines": [ 38.898667, 42.540545, 47.940143, 50.537842 ] }, { "date": "2025-12-19", "close": 34.400002, "volume": 6518403, "typical_volume": 2056379.45, "trend": 52.492488, "fair_value": 64.990243, "relative_strength": -37.247641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.731725, "energy": 95.524647, "activity_lines": [ 37.057334, 40.379819, 46.311143, 49.315366 ] }, { "date": "2025-12-26", "close": 34.0, "volume": 6002183, "typical_volume": 2293950.4, "trend": 51.629874, "fair_value": 65.041058, "relative_strength": -37.86311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.749933, "energy": 92.599614, "activity_lines": [ 35.640001, 38.584546, 44.74881, 48.122302 ] }, { "date": "2026-01-02", "close": 32.959999, "volume": 4501493, "typical_volume": 2484003.0, "trend": 50.811903, "fair_value": 65.084253, "relative_strength": -39.322151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.251395, "energy": 89.802474, "activity_lines": [ 34.4, 36.998364, 43.210286, 46.917794 ] }, { "date": "2026-01-09", "close": 32.560001, "volume": 3949307, "typical_volume": 2652360.05, "trend": 50.086344, "fair_value": 65.128696, "relative_strength": -39.024238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.331476, "energy": 71.650303, "activity_lines": [ 33.496, 35.695637, 41.751953, 45.740252 ] }, { "date": "2026-01-16", "close": 32.84, "volume": 5590213, "typical_volume": 2904064.55, "trend": 49.475864, "fair_value": 65.177477, "relative_strength": -39.774975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.450563, "energy": 69.348351, "activity_lines": [ 33.048, 34.781818, 40.434762, 44.627585 ] }, { "date": "2026-01-23", "close": 36.299999, "volume": 6146907, "typical_volume": 3184700.8, "trend": 48.868362, "fair_value": 65.245577, "relative_strength": -34.539714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.687937, "energy": 66.72833, "activity_lines": [ 34.030666, 34.720364, 39.564048, 43.777529 ] }, { "date": "2026-01-30", "close": 35.540001, "volume": 5914665, "typical_volume": 3422381.65, "trend": 48.143, "fair_value": 65.303087, "relative_strength": -36.475255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.975411, "energy": 63.037658, "activity_lines": [ 34.633333, 34.638182, 38.722381, 42.917635 ] }, { "date": "2026-02-06", "close": 34.0, "volume": 3718115, "typical_volume": 3540034.5, "trend": 47.278, "fair_value": 65.354219, "relative_strength": -37.271932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.787576, "energy": 58.974782, "activity_lines": [ 34.62, 34.390909, 37.819572, 42.005183 ] }, { "date": "2026-02-13", "close": 35.68, "volume": 3933984, "typical_volume": 3694845.35, "trend": 46.534, "fair_value": 65.406271, "relative_strength": -33.596498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.966239, "energy": 50.898493, "activity_lines": [ 35.097333, 34.558182, 37.174143, 41.256925 ] }, { "date": "2026-02-20", "close": 33.220001, "volume": 3429200, "typical_volume": 3814400.5, "trend": 45.719667, "fair_value": 65.445095, "relative_strength": -35.602209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.812453, "energy": 57.410515, "activity_lines": [ 34.546667, 34.320364, 36.392143, 40.397957 ] }, { "date": "2026-02-27", "close": 31.6, "volume": 3486940, "typical_volume": 3922445.8, "trend": 44.893, "fair_value": 65.474489, "relative_strength": -36.513745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.698345, "energy": 66.059371, "activity_lines": [ 33.430667, 33.856727, 35.571476, 39.487011 ] }, { "date": "2026-03-06", "close": 31.1, "volume": 4828207, "typical_volume": 3993292.35, "trend": 43.936333, "fair_value": 65.497181, "relative_strength": -37.07985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.770753, "energy": 66.350872, "activity_lines": [ 32.461334, 33.353091, 34.831286, 38.59714 ] }, { "date": "2026-03-13", "close": 32.200001, "volume": 3650637, "typical_volume": 4003630.0, "trend": 43.083, "fair_value": 65.531374, "relative_strength": -34.708154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.294678, "energy": 61.737945, "activity_lines": [ 32.154667, 33.102182, 34.313953, 37.839957 ] }, { "date": "2026-03-20", "close": 33.959999, "volume": 1985938, "typical_volume": 3954188.35, "trend": 42.328334, "fair_value": 65.529822, "relative_strength": -30.648391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.487454, "energy": 56.466995, "activity_lines": [ 32.554667, 33.185091, 34.061143, 37.251377 ] }, { "date": "2026-03-27", "close": 34.939999, "volume": 2347386, "typical_volume": 3903319.6, "trend": 41.579667, "fair_value": 65.532646, "relative_strength": -28.809902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.829884, "energy": 44.4285, "activity_lines": [ 33.396, 33.420727, 33.983524, 36.77471 ] }, { "date": "2026-04-03", "close": 35.68, "volume": 4176561, "typical_volume": 4013985.0, "trend": 40.849, "fair_value": 65.541802, "relative_strength": -27.689349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.051709, "energy": 24.604168, "activity_lines": [ 34.369333, 33.752727, 34.024857, 36.394086 ] }, { "date": "2026-04-10", "close": 36.599998, "volume": 3802343, "typical_volume": 4088968.4, "trend": 40.285667, "fair_value": 65.545735, "relative_strength": -25.716068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.321505, "energy": 18.265536, "activity_lines": [ 35.377332, 34.263272, 34.187524, 36.119957 ] }, { "date": "2026-04-17", "close": 37.02, "volume": 3135463, "typical_volume": 4133979.65, "trend": 39.704667, "fair_value": 65.54378, "relative_strength": -25.457998, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.579092, "energy": 17.884045, "activity_lines": [ 36.158666, 34.830909, 34.415238, 35.909269 ] }, { "date": "2026-04-24", "close": 39.400002, "volume": 4973038, "typical_volume": 4244451.7, "trend": 39.144667, "fair_value": 65.558671, "relative_strength": -16.775162, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 18.185508, "energy": 31.213956, "activity_lines": [ 37.412, 35.776364, 34.88381, 35.889613 ] }, { "date": "2026-05-01", "close": 36.919998, "volume": 2915094, "typical_volume": 4250303.85, "trend": 38.458667, "fair_value": 65.559253, "relative_strength": -21.629278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.887057, "energy": 24.04616, "activity_lines": [ 37.476, 36.203272, 35.109524, 35.746086 ] }, { "date": "2026-05-08", "close": 34.98, "volume": 3947329, "typical_volume": 4121750.15, "trend": 37.674667, "fair_value": 65.547082, "relative_strength": -23.843919, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.871734, "energy": 17.230404, "activity_lines": [ 36.761333, 36.210181, 35.150857, 35.521656 ] }, { "date": "2026-05-15", "close": 34.060001, "volume": 1781047, "typical_volume": 3910693.35, "trend": 36.946667, "fair_value": 65.520751, "relative_strength": -24.78287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.352154, "energy": 15.955445, "activity_lines": [ 35.786667, 35.988364, 35.101809, 35.288452 ] }, { "date": "2026-05-22", "close": 33.98, "volume": 1227252, "typical_volume": 3746981.3, "trend": 36.327667, "fair_value": 65.480245, "relative_strength": -24.369932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.981716, "energy": 27.079483, "activity_lines": [ 34.954667, 35.698182, 35.044857, 35.097054 ] }, { "date": "2026-05-29", "close": 33.98, "volume": 0, "typical_volume": 3549515.95, "trend": 35.755333, "fair_value": 65.428936, "relative_strength": -23.515468, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.549278, "energy": 32.180419, "activity_lines": [ 34.325333, 35.375636, 34.983048, 34.945591 ] }, { "date": "2026-06-05", "close": 32.959999, "volume": 3736169, "typical_volume": 3456813.75, "trend": 35.35, "fair_value": 65.302137, "relative_strength": -24.761514, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.473158, "energy": 38.682039, "activity_lines": [ 33.717333, 34.867273, 34.817333, 34.765247 ] }, { "date": "2026-06-12", "close": 31.692755, "volume": 1740308, "typical_volume": 3236483.8, "trend": 34.981092, "fair_value": 65.143702, "relative_strength": -27.240558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.914009, "energy": 63.328535, "activity_lines": [ 32.950918, 34.164501, 34.530357, 34.529296 ] }, { "date": "2026-06-19", "close": 31.988028, "volume": 1802143, "typical_volume": 3030857.7, "trend": 34.652026, "fair_value": 64.97445, "relative_strength": -26.387201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.970926, "energy": 70.541118, "activity_lines": [ 32.502077, 33.58791, 34.293442, 34.336195 ] }, { "date": "2026-06-26", "close": 31.71244, "volume": 2085484, "typical_volume": 2949226.15, "trend": 34.375774, "fair_value": 64.803431, "relative_strength": -25.019647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.166627, "energy": 70.046889, "activity_lines": [ 32.099505, 33.045067, 34.047195, 34.146544 ] }, { "date": "2026-07-03", "close": 32.086452, "volume": 1562170, "typical_volume": 2830635.45, "trend": 34.178656, "fair_value": 64.538215, "relative_strength": -22.570055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.995508, "energy": 66.822955, "activity_lines": [ 31.972774, 32.666727, 33.847461, 33.998846 ] }, { "date": "2026-07-10", "close": 32.0, "volume": 2353993, "typical_volume": 2776875.1, "trend": 34.011989, "fair_value": 64.294052, "relative_strength": -21.719673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.250616, "energy": 56.561041, "activity_lines": [ 31.943463, 32.405642, 33.656605, 33.858288 ] }, { "date": "2026-07-17", "close": 31.860001, "volume": 1499887, "typical_volume": 2677522.45, "trend": 33.927322, "fair_value": 64.057253, "relative_strength": -20.492504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.842837, "energy": 42.970966, "activity_lines": [ 31.931485, 32.208557, 33.458226, 33.71945 ] }, { "date": "2026-07-24", "close": 30.280001, "volume": 1261566, "typical_volume": 2499190.4, "trend": 33.803323, "fair_value": 63.791896, "relative_strength": -23.982783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.013917, "energy": 58.549806, "activity_lines": [ 31.38169, 31.780927, 33.108132, 33.484139 ] }, { "date": "2026-07-31", "close": 29.74, "volume": 1310587, "typical_volume": 2382187.9, "trend": 33.695989, "fair_value": 63.538965, "relative_strength": -22.895626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.06334, "energy": 72.991207, "activity_lines": [ 30.765764, 31.323842, 32.710515, 33.221989 ] }, { "date": "2026-08-07", "close": 31.5, "volume": 1914429, "typical_volume": 2378612.45, "trend": 33.660656, "fair_value": 63.313839, "relative_strength": -19.136327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.389453, "energy": 62.337086, "activity_lines": [ 30.868, 31.263848, 32.49223, 33.080312 ] } ], "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." } } }