{ "ticker": { "uuid": "e380e4d3-0614-47fd-88ff-95763fcca62e", "symbol": "U1BE34", "name": "Uber Technologies, Inc.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 87.505, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -35.052, "architecture_energy": 24.679, "architecture_maturity": 70.098, "architecture_confidence": 90.046, "architecture_tenure": "Extended", "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": 46.71, "rotation_up": 21.12, "upward_expansion": 6.8, "deceleration": 42.37, "rotation_down": 44.87, "downward_expansion": 70.8 }, "activity_lines": [ 91.404667, 92.116546, 92.284096, 93.080775 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 95.040001, "trend_reference": 95.157001, "distance_from_trend": -0.00123, "trend_direction": "Weakening", "fair_value": 98.755449, "distance_from_fair_value": -0.037623, "fair_value_direction": "Weakening", "relative_strength": -15.756543, "relative_strength_direction": "Improving", "price_momentum": -0.014721, "excess_performance": 0.042327, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.00123, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.077415, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.037623, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.042864, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.157565, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.14538, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.014721, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.615978, "read": "Demand-led" } ], "volume": { "latest": 427830, "relative_activity": 8.21174, "balance": 1.615978, "dry_up": 2.786719, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.063682, "annualized_volatility": 0.353726, "from_high_reference": -0.303226, "from_low_reference": 0.140389 }, "levels": { "trend_reference": 95.157001, "fair_value_reference": 98.755449, "structural_low": 83.339996, "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": 20, "median_return": -0.017402, "positive_rate": 0.35, "directional_follow_through": 0.65, "median_excess_return": 0.017654, "regime_survival": 0.85, "best_return": 0.180917, "worst_return": -0.280196, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.109808, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.04664, "regime_survival": 0.666667, "best_return": 0.246381, "worst_return": -0.328201, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.162682, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.11125, "regime_survival": 0.333333, "best_return": -0.064064, "worst_return": -0.244744, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.126633, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.134069, "regime_survival": 0.5, "best_return": 0.786812, "worst_return": -0.533546, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": -0.070825, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": 0.201637, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-15", "tenure": "Developing", "return": 0.067861, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-12-27", "tenure": "Developing", "return": -0.083325, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": 0.017666, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.093671, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.096204, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-09", "tenure": "Developing", "return": 0.233493, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": -0.120201, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.03512, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-31", "tenure": "Established", "return": 0.034488, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.081701, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.068652, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-08-07", "tenure": "Extended", "return": -0.177784, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 55.52, "volume": 16045, "typical_volume": 29559.8, "trend": 46.829667, "fair_value": 51.171122, "relative_strength": 25.788437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.57928, "energy": 56.366097, "activity_lines": [ 55.169334, 54.592364, 52.190714, 49.661161 ] }, { "date": "2023-08-25", "close": 53.84, "volume": 17617, "typical_volume": 29675.45, "trend": 47.323667, "fair_value": 51.222548, "relative_strength": 20.658618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.013541, "energy": 45.221753, "activity_lines": [ 54.626, 54.579273, 52.639572, 50.113441 ] }, { "date": "2023-09-01", "close": 58.349998, "volume": 5934, "typical_volume": 28559.95, "trend": 47.856333, "fair_value": 51.315144, "relative_strength": 27.512546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.007675, "energy": 52.347133, "activity_lines": [ 55.752666, 55.355273, 53.449571, 50.824817 ] }, { "date": "2023-09-08", "close": 58.599998, "volume": 52604, "typical_volume": 29584.85, "trend": 48.320333, "fair_value": 51.376266, "relative_strength": 30.000147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.217588, "energy": 55.81597, "activity_lines": [ 56.852666, 56.062727, 54.176952, 51.517957 ] }, { "date": "2023-09-15", "close": 57.849998, "volume": 37389, "typical_volume": 29920.55, "trend": 48.750333, "fair_value": 51.426586, "relative_strength": 23.986492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.710296, "energy": 53.882435, "activity_lines": [ 57.459998, 56.508908, 54.743761, 52.132774 ] }, { "date": "2023-09-22", "close": 54.349998, "volume": 25501, "typical_volume": 25116.4, "trend": 49.095333, "fair_value": 51.470497, "relative_strength": 18.42104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.672256, "energy": 47.140756, "activity_lines": [ 56.632665, 56.217817, 54.885571, 52.494043 ] }, { "date": "2023-09-29", "close": 57.959999, "volume": 41040, "typical_volume": 25973.85, "trend": 49.544, "fair_value": 51.504038, "relative_strength": 24.649475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.093174, "energy": 45.652255, "activity_lines": [ 57.086665, 56.567999, 55.334714, 53.065956 ] }, { "date": "2023-10-06", "close": 59.029999, "volume": 48701, "typical_volume": 27679.2, "trend": 50.160333, "fair_value": 51.548846, "relative_strength": 28.355685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.670295, "energy": 46.012108, "activity_lines": [ 57.622665, 57.083271, 55.834428, 53.677956 ] }, { "date": "2023-10-13", "close": 55.259998, "volume": 25777, "typical_volume": 28268.5, "trend": 50.604333, "fair_value": 51.59601, "relative_strength": 17.484304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.654081, "energy": 28.448477, "activity_lines": [ 56.856665, 56.870726, 55.927523, 54.006967 ] }, { "date": "2023-10-20", "close": 54.029999, "volume": 31095, "typical_volume": 28981.25, "trend": 51.058333, "fair_value": 51.610385, "relative_strength": 16.530278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.018056, "energy": 22.831948, "activity_lines": [ 55.903332, 56.429089, 55.867571, 54.227978 ] }, { "date": "2023-10-27", "close": 51.52, "volume": 12048, "typical_volume": 27901.7, "trend": 51.444333, "fair_value": 51.633205, "relative_strength": 10.270863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.21081, "energy": 7.950621, "activity_lines": [ 54.367999, 55.527453, 55.54519, 54.257763 ] }, { "date": "2023-11-03", "close": 58.599998, "volume": 27831, "typical_volume": 28906.6, "trend": 52.081666, "fair_value": 51.621474, "relative_strength": 19.191488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.954408, "energy": 22.276827, "activity_lines": [ 55.381332, 55.985817, 55.888475, 54.719419 ] }, { "date": "2023-11-10", "close": 63.470001, "volume": 71324, "typical_volume": 31937.15, "trend": 52.997333, "fair_value": 51.614231, "relative_strength": 25.399768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.299526, "energy": 36.433733, "activity_lines": [ 57.975333, 57.24309, 56.664809, 55.45415 ] }, { "date": "2023-11-17", "close": 66.800003, "volume": 55054, "typical_volume": 33124.45, "trend": 53.894666, "fair_value": 51.625449, "relative_strength": 26.281278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.812494, "energy": 71.257357, "activity_lines": [ 61.383334, 59.012727, 57.704047, 56.344645 ] }, { "date": "2023-11-24", "close": 67.839996, "volume": 7804, "typical_volume": 33117.75, "trend": 54.869333, "fair_value": 51.628269, "relative_strength": 26.665786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.638059, "energy": 84.197331, "activity_lines": [ 64.368666, 60.822363, 58.770571, 57.244343 ] }, { "date": "2023-12-01", "close": 70.0, "volume": 92956, "typical_volume": 35399.3, "trend": 55.646333, "fair_value": 51.626154, "relative_strength": 26.862739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.12871, "energy": 91.131242, "activity_lines": [ 67.153333, 62.84309, 59.968809, 58.220515 ] }, { "date": "2023-12-08", "close": 75.949997, "volume": 47709, "typical_volume": 35854.45, "trend": 56.605333, "fair_value": 51.687115, "relative_strength": 37.063413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.340691, "energy": 96.110314, "activity_lines": [ 70.689332, 65.66109, 61.655237, 59.530429 ] }, { "date": "2023-12-15", "close": 78.43, "volume": 43160, "typical_volume": 36951.25, "trend": 57.584999, "fair_value": 51.778333, "relative_strength": 36.556454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.319436, "energy": 95.537589, "activity_lines": [ 73.895332, 68.602908, 63.484475, 60.938472 ] }, { "date": "2023-12-22", "close": 74.940002, "volume": 20415, "typical_volume": 34878.7, "trend": 58.492333, "fair_value": 51.809359, "relative_strength": 26.452323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.113756, "energy": 87.74648, "activity_lines": [ 74.940666, 70.557454, 64.877857, 62.05815 ] }, { "date": "2023-12-29", "close": 75.949997, "volume": 87265, "typical_volume": 38363.45, "trend": 59.386666, "fair_value": 51.85359, "relative_strength": 25.355905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.980821, "energy": 85.838387, "activity_lines": [ 75.779999, 72.337817, 66.272285, 63.184451 ] }, { "date": "2024-01-05", "close": 70.07, "volume": 27790, "typical_volume": 38950.7, "trend": 60.065333, "fair_value": 51.834808, "relative_strength": 16.483471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.202444, "energy": 63.011601, "activity_lines": [ 74.118666, 72.650545, 67.00138, 63.873698 ] }, { "date": "2024-01-12", "close": 76.760002, "volume": 45423, "typical_volume": 40341.0, "trend": 60.886, "fair_value": 51.849679, "relative_strength": 27.279858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.084434, "energy": 60.601773, "activity_lines": [ 74.682667, 73.842363, 68.298333, 64.950774 ] }, { "date": "2024-01-19", "close": 80.010002, "volume": 39204, "typical_volume": 42004.5, "trend": 61.817, "fair_value": 51.881795, "relative_strength": 34.609633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.186215, "energy": 62.850601, "activity_lines": [ 76.276001, 75.294909, 69.795666, 66.18458 ] }, { "date": "2024-01-26", "close": 80.5, "volume": 25182, "typical_volume": 40633.4, "trend": 62.776, "fair_value": 51.949615, "relative_strength": 32.518483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.490071, "energy": 63.366961, "activity_lines": [ 77.927334, 76.535818, 71.236524, 67.389935 ] }, { "date": "2024-02-02", "close": 84.5, "volume": 9434, "typical_volume": 39235.65, "trend": 63.849333, "fair_value": 51.986795, "relative_strength": 39.495855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.622287, "energy": 83.769056, "activity_lines": [ 80.541334, 78.254909, 72.954048, 68.791484 ] }, { "date": "2024-02-09", "close": 88.040001, "volume": 47373, "typical_volume": 40329.25, "trend": 65.0, "fair_value": 52.028269, "relative_strength": 42.798755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.331459, "energy": 92.778964, "activity_lines": [ 83.765334, 80.314728, 74.88181, 70.352172 ] }, { "date": "2024-02-16", "close": 97.900002, "volume": 63517, "typical_volume": 41453.1, "trend": 66.385333, "fair_value": 52.151987, "relative_strength": 55.755415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.273562, "energy": 96.975312, "activity_lines": [ 89.078001, 83.839274, 77.588191, 72.474753 ] }, { "date": "2024-02-23", "close": 98.0, "volume": 32803, "typical_volume": 40658.2, "trend": 67.762, "fair_value": 52.315128, "relative_strength": 53.02071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.962803, "energy": 94.931525, "activity_lines": [ 93.014667, 86.98291, 80.113905, 74.514409 ] }, { "date": "2024-03-01", "close": 100.449997, "volume": 20351, "typical_volume": 40386.9, "trend": 69.278333, "fair_value": 52.451538, "relative_strength": 55.032789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.492452, "energy": 93.552606, "activity_lines": [ 96.568666, 90.216182, 82.687381, 76.623312 ] }, { "date": "2024-03-08", "close": 98.0, "volume": 34530, "typical_volume": 40558.65, "trend": 70.750666, "fair_value": 52.546474, "relative_strength": 51.553873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.817539, "energy": 85.924816, "activity_lines": [ 97.976, 92.540182, 84.812333, 78.476322 ] }, { "date": "2024-03-15", "close": 94.220001, "volume": 99750, "typical_volume": 44943.75, "trend": 72.040666, "fair_value": 52.651282, "relative_strength": 44.275485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.919268, "energy": 67.44898, "activity_lines": [ 97.223333, 93.776, 86.367905, 79.990473 ] }, { "date": "2024-03-22", "close": 100.550003, "volume": 15318, "typical_volume": 44318.1, "trend": 73.597666, "fair_value": 52.794743, "relative_strength": 51.459737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.420349, "energy": 69.194493, "activity_lines": [ 98.168668, 95.723637, 88.323, 81.829785 ] }, { "date": "2024-03-29", "close": 96.519997, "volume": 8709, "typical_volume": 41187.35, "trend": 74.87, "fair_value": 52.895064, "relative_strength": 42.272646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.238392, "energy": 61.756196, "activity_lines": [ 97.594, 96.506, 89.694524, 83.308645 ] }, { "date": "2024-04-05", "close": 97.709999, "volume": 12308, "typical_volume": 39050.05, "trend": 76.173666, "fair_value": 52.998077, "relative_strength": 43.540206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.624456, "energy": 57.128576, "activity_lines": [ 97.514666, 97.204545, 91.022, 84.782193 ] }, { "date": "2024-04-12", "close": 95.849998, "volume": 11483, "typical_volume": 39234.0, "trend": 77.440333, "fair_value": 53.068333, "relative_strength": 39.64451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.792084, "energy": 50.416929, "activity_lines": [ 96.997999, 97.251999, 92.025143, 86.051634 ] }, { "date": "2024-04-19", "close": 89.889999, "volume": 9749, "typical_volume": 35073.65, "trend": 78.625, "fair_value": 53.140192, "relative_strength": 30.275745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.404327, "energy": 34.934347, "activity_lines": [ 94.637999, 96.009454, 92.327285, 86.854838 ] }, { "date": "2024-04-26", "close": 88.32, "volume": 26308, "typical_volume": 34003.6, "trend": 79.637, "fair_value": 53.230064, "relative_strength": 25.148713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.374268, "energy": 23.468164, "activity_lines": [ 92.043332, 94.447818, 92.38519, 87.480322 ] }, { "date": "2024-05-03", "close": 87.660004, "volume": 21582, "typical_volume": 32924.7, "trend": 80.591333, "fair_value": 53.397949, "relative_strength": 21.301037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.443568, "energy": 24.022239, "activity_lines": [ 90.044001, 92.940364, 92.321333, 87.997936 ] }, { "date": "2024-05-10", "close": 85.989998, "volume": 46707, "typical_volume": 34239.3, "trend": 81.615667, "fair_value": 53.547243, "relative_strength": 18.86661, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.685837, "energy": 18.727448, "activity_lines": [ 88.078667, 91.317273, 92.054476, 88.346236 ] }, { "date": "2024-05-17", "close": 83.540001, "volume": 9720, "typical_volume": 30362.05, "trend": 82.599333, "fair_value": 53.661731, "relative_strength": 14.173705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.857481, "energy": 27.25332, "activity_lines": [ 86.078001, 89.511636, 91.501667, 88.470387 ] }, { "date": "2024-05-24", "close": 82.919998, "volume": 12134, "typical_volume": 29579.25, "trend": 83.646, "fair_value": 53.767436, "relative_strength": 15.907324, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -11.714201, "energy": 30.533925, "activity_lines": [ 84.691333, 87.856181, 90.853666, 88.491075 ] }, { "date": "2024-05-31", "close": 84.139999, "volume": 9374, "typical_volume": 27776.8, "trend": 84.497333, "fair_value": 53.896795, "relative_strength": 18.736863, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.52995, "energy": 45.470567, "activity_lines": [ 84.175999, 86.628, 90.260666, 88.522946 ] }, { "date": "2024-06-07", "close": 92.980003, "volume": 146536, "typical_volume": 33143.4, "trend": 85.481, "fair_value": 54.080961, "relative_strength": 31.158009, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 11.574555, "energy": 17.062256, "activity_lines": [ 86.886, 87.305455, 90.474429, 89.070215 ] }, { "date": "2024-06-14", "close": 93.650002, "volume": 81129, "typical_volume": 35940.75, "trend": 86.376, "fair_value": 54.277756, "relative_strength": 31.839051, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.871511, "energy": 17.883584, "activity_lines": [ 89.464668, 88.169092, 90.690238, 89.597247 ] }, { "date": "2024-06-21", "close": 95.339996, "volume": 26582, "typical_volume": 36798.15, "trend": 87.292667, "fair_value": 54.476923, "relative_strength": 30.885498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.783053, "energy": 32.380844, "activity_lines": [ 92.096, 89.413818, 91.004381, 90.17557 ] }, { "date": "2024-06-28", "close": 102.0, "volume": 79551, "typical_volume": 38407.05, "trend": 88.359333, "fair_value": 54.716026, "relative_strength": 35.457466, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.978301, "energy": 49.418241, "activity_lines": [ 96.160666, 91.878727, 91.90119, 91.12443 ] }, { "date": "2024-07-05", "close": 97.169998, "volume": 32480, "typical_volume": 36855.2, "trend": 89.066667, "fair_value": 54.936667, "relative_strength": 25.3238, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.644212, "energy": 59.244585, "activity_lines": [ 97.343332, 93.245272, 92.271523, 91.69286 ] }, { "date": "2024-07-12", "close": 98.269997, "volume": 71779, "typical_volume": 38804.0, "trend": 89.728, "fair_value": 55.188654, "relative_strength": 22.971395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.635225, "energy": 64.012403, "activity_lines": [ 98.023998, 94.650908, 92.750095, 92.286623 ] }, { "date": "2024-07-19", "close": 94.699997, "volume": 50964, "typical_volume": 40334.65, "trend": 90.386666, "fair_value": 55.39782, "relative_strength": 18.686977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.204696, "energy": 52.2248, "activity_lines": [ 97.161998, 95.214544, 92.88738, 92.607397 ] }, { "date": "2024-07-26", "close": 91.309998, "volume": 41184, "typical_volume": 40667.35, "trend": 90.898666, "fair_value": 55.620769, "relative_strength": 13.694818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.208336, "energy": 23.153698, "activity_lines": [ 95.099998, 95.003453, 92.729189, 92.666967 ] }, { "date": "2024-08-02", "close": 84.309998, "volume": 29431, "typical_volume": 37151.4, "trend": 91.373333, "fair_value": 55.789423, "relative_strength": 5.667577, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.326913, "energy": 17.273123, "activity_lines": [ 90.973331, 93.378362, 91.936189, 92.241892 ] }, { "date": "2024-08-09", "close": 94.410004, "volume": 87249, "typical_volume": 40747.95, "trend": 91.961666, "fair_value": 56.039231, "relative_strength": 13.097509, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.648503, "energy": 10.643317, "activity_lines": [ 91.392666, 93.564363, 92.152285, 92.437806 ] }, { "date": "2024-08-16", "close": 98.300003, "volume": 34256, "typical_volume": 42025.3, "trend": 92.571333, "fair_value": 56.322115, "relative_strength": 13.95634, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.194674, "energy": 17.09098, "activity_lines": [ 93.292668, 94.270909, 92.768095, 92.846731 ] }, { "date": "2024-08-23", "close": 101.690002, "volume": 19291, "typical_volume": 42374.45, "trend": 93.277666, "fair_value": 56.634038, "relative_strength": 15.464521, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.920992, "energy": 27.095261, "activity_lines": [ 96.320669, 95.497091, 93.698286, 93.435032 ] }, { "date": "2024-08-30", "close": 101.309998, "volume": 30198, "typical_volume": 43310.2, "trend": 93.838, "fair_value": 56.940833, "relative_strength": 13.855383, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.530448, "energy": 49.323467, "activity_lines": [ 98.756001, 96.508, 94.573333, 93.953247 ] }, { "date": "2024-09-06", "close": 97.110001, "volume": 6121, "typical_volume": 43128.8, "trend": 94.140333, "fair_value": 57.225897, "relative_strength": 9.608964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.51751, "energy": 50.835539, "activity_lines": [ 99.124668, 96.646728, 95.022381, 94.164344 ] }, { "date": "2024-09-13", "close": 100.739998, "volume": 129454, "typical_volume": 48286.1, "trend": 94.235, "fair_value": 57.537115, "relative_strength": 12.590582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.173634, "energy": 55.574826, "activity_lines": [ 99.85, 97.534364, 95.782762, 94.590129 ] }, { "date": "2024-09-20", "close": 101.730003, "volume": 45556, "typical_volume": 49484.8, "trend": 94.359333, "fair_value": 57.790833, "relative_strength": 15.973784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.428427, "energy": 50.209656, "activity_lines": [ 100.483334, 98.537092, 96.578286, 95.073677 ] }, { "date": "2024-09-27", "close": 103.199997, "volume": 4953, "typical_volume": 47397.1, "trend": 94.451, "fair_value": 58.047756, "relative_strength": 15.245622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.511929, "energy": 44.519666, "activity_lines": [ 101.377999, 99.744182, 97.446809, 95.644043 ] }, { "date": "2024-10-04", "close": 101.0, "volume": 2391, "typical_volume": 47030.65, "trend": 94.551, "fair_value": 58.271026, "relative_strength": 12.790014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.536402, "energy": 39.113604, "activity_lines": [ 101.438666, 100.396727, 98.023857, 96.066559 ] }, { "date": "2024-10-11", "close": 121.5, "volume": 75860, "typical_volume": 50216.95, "trend": 95.460333, "fair_value": 58.626859, "relative_strength": 35.804194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.345808, "energy": 75.012385, "activity_lines": [ 108.353333, 104.600364, 100.470143, 97.805204 ] }, { "date": "2024-10-18", "close": 112.650002, "volume": 37597, "typical_volume": 51628.1, "trend": 95.863666, "fair_value": 58.933333, "relative_strength": 24.085695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.255009, "energy": 73.649721, "activity_lines": [ 110.692, 106.518727, 101.889857, 98.914215 ] }, { "date": "2024-10-25", "close": 110.970001, "volume": 27448, "typical_volume": 45673.7, "trend": 96.345333, "fair_value": 59.248013, "relative_strength": 21.463686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.359331, "energy": 70.448732, "activity_lines": [ 111.676667, 107.8, 103.01381, 99.888817 ] }, { "date": "2024-11-01", "close": 107.870003, "volume": 57395, "typical_volume": 44487.0, "trend": 96.684, "fair_value": 59.520128, "relative_strength": 18.58173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.952694, "energy": 64.545692, "activity_lines": [ 111.012002, 108.287274, 103.756858, 100.632344 ] }, { "date": "2024-11-08", "close": 103.449997, "volume": 26608, "typical_volume": 44488.3, "trend": 96.937333, "fair_value": 59.792244, "relative_strength": 13.114198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.314294, "energy": 36.283742, "activity_lines": [ 108.562667, 107.858546, 104.011238, 101.06886 ] }, { "date": "2024-11-15", "close": 103.699997, "volume": 77695, "typical_volume": 44395.5, "trend": 97.397666, "fair_value": 60.06, "relative_strength": 12.582008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.215601, "energy": 21.352281, "activity_lines": [ 106.033332, 107.436363, 104.250809, 101.505161 ] }, { "date": "2024-11-22", "close": 103.809998, "volume": 26315, "typical_volume": 44087.25, "trend": 97.914, "fair_value": 60.363782, "relative_strength": 10.758257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.027063, "energy": 20.944713, "activity_lines": [ 104.727332, 106.914363, 104.492762, 101.91886 ] }, { "date": "2024-11-29", "close": 108.260002, "volume": 20709, "typical_volume": 41533.75, "trend": 98.600666, "fair_value": 60.733846, "relative_strength": 17.702064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.412759, "energy": 20.472713, "activity_lines": [ 105.493999, 107.145636, 105.126905, 102.586344 ] }, { "date": "2024-12-06", "close": 100.150002, "volume": 466363, "typical_volume": 62303.7, "trend": 99.072666, "fair_value": 61.04359, "relative_strength": 8.083262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.214854, "energy": 13.972635, "activity_lines": [ 103.738, 105.783637, 104.941095, 102.686301 ] }, { "date": "2024-12-13", "close": 94.0, "volume": 74863, "typical_volume": 63987.65, "trend": 99.421333, "fair_value": 61.274038, "relative_strength": 2.12648, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.44584, "energy": 12.975, "activity_lines": [ 100.446667, 103.358909, 104.143619, 102.359032 ] }, { "date": "2024-12-20", "close": 94.019997, "volume": 33089, "typical_volume": 64170.55, "trend": 99.791333, "fair_value": 61.476987, "relative_strength": 3.69322, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.578657, "energy": 24.413518, "activity_lines": [ 97.792, 101.06509, 103.335238, 102.010559 ] }, { "date": "2024-12-27", "close": 95.160004, "volume": 11059, "typical_volume": 60361.05, "trend": 100.158667, "fair_value": 61.706603, "relative_strength": 5.932207, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.441153, "energy": 34.505787, "activity_lines": [ 96.162668, 99.478182, 102.589191, 101.711764 ] }, { "date": "2025-01-03", "close": 99.059998, "volume": 32652, "typical_volume": 60280.85, "trend": 100.361333, "fair_value": 61.965128, "relative_strength": 11.016997, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.691846, "energy": 35.038092, "activity_lines": [ 96.41, 98.918364, 102.211, 101.640882 ] }, { "date": "2025-01-10", "close": 100.809998, "volume": 23245, "typical_volume": 60478.55, "trend": 100.6, "fair_value": 62.244872, "relative_strength": 11.921637, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.411863, "energy": 22.413687, "activity_lines": [ 97.853999, 98.893272, 101.995857, 101.669828 ] }, { "date": "2025-01-17", "close": 102.699997, "volume": 41701, "typical_volume": 61053.7, "trend": 100.845333, "fair_value": 62.587243, "relative_strength": 10.169661, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.154976, "energy": 5.04032, "activity_lines": [ 99.883998, 99.340181, 101.964904, 101.805312 ] }, { "date": "2025-01-24", "close": 100.959999, "volume": 29101, "typical_volume": 62202.7, "trend": 100.810666, "fair_value": 62.931026, "relative_strength": 7.672882, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.184459, "energy": 7.022043, "activity_lines": [ 100.753998, 99.484363, 101.761618, 101.812709 ] }, { "date": "2025-01-31", "close": 98.900002, "volume": 22018, "typical_volume": 56830.9, "trend": 100.868333, "fair_value": 63.24859, "relative_strength": 2.085138, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.510723, "energy": 7.61542, "activity_lines": [ 100.474666, 99.303818, 101.343809, 101.689441 ] }, { "date": "2025-02-07", "close": 108.029999, "volume": 140984, "typical_volume": 61602.3, "trend": 101.193667, "fair_value": 63.645064, "relative_strength": 12.36152, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.935345, "energy": 14.133118, "activity_lines": [ 102.989333, 100.872545, 101.804285, 102.151484 ] }, { "date": "2025-02-14", "close": 115.0, "volume": 142087, "typical_volume": 68459.0, "trend": 101.870333, "fair_value": 64.093846, "relative_strength": 15.858842, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.826601, "energy": 40.302605, "activity_lines": [ 107.229333, 103.712727, 102.898571, 103.042215 ] }, { "date": "2025-02-21", "close": 112.32, "volume": 45699, "typical_volume": 70624.4, "trend": 102.570667, "fair_value": 64.524808, "relative_strength": 13.773015, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.839397, "energy": 48.885808, "activity_lines": [ 109.63, 105.795636, 103.681428, 103.716387 ] }, { "date": "2025-02-28", "close": 115.900002, "volume": 38877, "typical_volume": 68775.25, "trend": 103.623667, "fair_value": 65.027051, "relative_strength": 21.039739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.126707, "energy": 63.222082, "activity_lines": [ 112.582667, 108.196364, 104.751333, 104.576344 ] }, { "date": "2025-03-07", "close": 109.940002, "volume": 127351, "typical_volume": 73262.95, "trend": 104.141333, "fair_value": 65.48141, "relative_strength": 12.4625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.076649, "energy": 60.406135, "activity_lines": [ 112.552668, 109.115637, 105.280286, 104.983849 ] }, { "date": "2025-03-14", "close": 102.160004, "volume": 58051, "typical_volume": 74793.1, "trend": 104.27, "fair_value": 65.870641, "relative_strength": 1.204207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.865822, "energy": 28.010932, "activity_lines": [ 109.193336, 108.351638, 105.081191, 104.856022 ] }, { "date": "2025-03-21", "close": 107.580002, "volume": 24329, "typical_volume": 73139.8, "trend": 104.466333, "fair_value": 66.301218, "relative_strength": 3.790899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.882897, "energy": 19.621201, "activity_lines": [ 108.032002, 108.516729, 105.440239, 105.06957 ] }, { "date": "2025-03-28", "close": 104.75, "volume": 28851, "typical_volume": 73251.95, "trend": 104.581, "fair_value": 66.705897, "relative_strength": 1.298727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.824704, "energy": 16.538004, "activity_lines": [ 106.422002, 108.044183, 105.531143, 105.087871 ] }, { "date": "2025-04-04", "close": 94.050003, "volume": 76747, "typical_volume": 73204.55, "trend": 104.479, "fair_value": 67.067564, "relative_strength": -5.655161, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.339575, "energy": 23.815923, "activity_lines": [ 101.750002, 105.588911, 104.59681, 104.408452 ] }, { "date": "2025-04-11", "close": 105.5, "volume": 167963, "typical_volume": 80286.95, "trend": 104.637667, "fair_value": 67.496987, "relative_strength": 5.308998, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.129674, "energy": 12.23124, "activity_lines": [ 102.351335, 105.341092, 104.798906, 104.474323 ] }, { "date": "2025-04-18", "close": 110.970001, "volume": 35643, "typical_volume": 81033.65, "trend": 104.945667, "fair_value": 67.970128, "relative_strength": 8.721261, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.370639, "energy": 7.900824, "activity_lines": [ 105.072001, 105.96782, 105.513906, 104.882861 ] }, { "date": "2025-04-25", "close": 109.970001, "volume": 27334, "typical_volume": 59082.2, "trend": 105.171334, "fair_value": 68.426154, "relative_strength": 3.373899, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.961406, "energy": 17.897992, "activity_lines": [ 106.872001, 106.359274, 106.120763, 105.207011 ] }, { "date": "2025-05-02", "close": 118.669998, "volume": 44101, "typical_volume": 57544.1, "trend": 105.760334, "fair_value": 68.974295, "relative_strength": 10.697431, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.632813, "energy": 43.721445, "activity_lines": [ 111.412667, 108.424001, 107.509429, 106.077893 ] }, { "date": "2025-05-09", "close": 116.010002, "volume": 33371, "typical_volume": 57558.2, "trend": 105.577334, "fair_value": 69.519872, "relative_strength": 6.668893, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.324688, "energy": 57.990605, "activity_lines": [ 114.138667, 109.889637, 108.527287, 106.739162 ] }, { "date": "2025-05-16", "close": 131.279999, "volume": 42826, "typical_volume": 59146.55, "trend": 106.198334, "fair_value": 70.179872, "relative_strength": 17.56281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.930265, "energy": 77.807244, "activity_lines": [ 120.490667, 114.129637, 110.894715, 108.397398 ] }, { "date": "2025-05-23", "close": 125.18, "volume": 15036, "typical_volume": 58265.75, "trend": 106.672, "fair_value": 70.803141, "relative_strength": 12.558044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.886825, "energy": 75.88682, "activity_lines": [ 123.090667, 116.872546, 112.509191, 109.622022 ] }, { "date": "2025-05-30", "close": 120.360001, "volume": 36823, "typical_volume": 58944.65, "trend": 107.088334, "fair_value": 71.389744, "relative_strength": 8.364773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.730895, "energy": 69.576721, "activity_lines": [ 123.136667, 118.320546, 113.540239, 110.505119 ] }, { "date": "2025-06-06", "close": 121.860001, "volume": 61501, "typical_volume": 59934.65, "trend": 107.702, "fair_value": 71.982115, "relative_strength": 10.133167, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.948102, "energy": 63.050186, "activity_lines": [ 122.990001, 119.80891, 114.621048, 111.45813 ] }, { "date": "2025-06-13", "close": 115.599998, "volume": 15298, "typical_volume": 59244.5, "trend": 108.098667, "fair_value": 72.542692, "relative_strength": 3.483108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.585103, "energy": 36.565183, "activity_lines": [ 120.544, 119.848, 115.014429, 111.967678 ] }, { "date": "2025-06-20", "close": 115.5, "volume": 21548, "typical_volume": 59221.0, "trend": 108.488334, "fair_value": 73.09, "relative_strength": 3.328508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.951568, "energy": 22.602353, "activity_lines": [ 118.092, 119.477091, 115.328572, 112.445183 ] }, { "date": "2025-06-27", "close": 125.0, "volume": 38563, "typical_volume": 54099.95, "trend": 109.046334, "fair_value": 73.709936, "relative_strength": 11.794033, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.42964, "energy": 27.084507, "activity_lines": [ 119.858666, 120.651636, 116.468429, 113.510452 ] }, { "date": "2025-07-04", "close": 124.279999, "volume": 28285, "typical_volume": 48409.85, "trend": 109.850667, "fair_value": 74.318974, "relative_strength": 7.25186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.730684, "energy": 27.742454, "activity_lines": [ 121.397333, 121.440182, 117.458905, 114.493269 ] }, { "date": "2025-07-11", "close": 129.389999, "volume": 30823, "typical_volume": 47666.05, "trend": 111.030334, "fair_value": 74.961474, "relative_strength": 15.490907, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.037867, "energy": 46.988747, "activity_lines": [ 124.377999, 122.897636, 118.891857, 115.753871 ] }, { "date": "2025-07-18", "close": 126.129997, "volume": 18531, "typical_volume": 46648.75, "trend": 112.100667, "fair_value": 75.564359, "relative_strength": 14.404261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.217988, "energy": 53.608845, "activity_lines": [ 125.769999, 123.567454, 119.933047, 116.728043 ] }, { "date": "2025-07-25", "close": 126.720001, "volume": 18166, "typical_volume": 41189.5, "trend": 113.152667, "fair_value": 76.182179, "relative_strength": 14.19854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.433979, "energy": 55.093199, "activity_lines": [ 126.656666, 124.160545, 120.981714, 117.671226 ] }, { "date": "2025-08-01", "close": 120.639999, "volume": 30215, "typical_volume": 39797.7, "trend": 113.872, "fair_value": 76.690577, "relative_strength": 9.0037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.651559, "energy": 36.827466, "activity_lines": [ 124.768666, 123.73109, 121.371428, 118.15428 ] }, { "date": "2025-08-08", "close": 121.730003, "volume": 22371, "typical_volume": 39699.8, "trend": 114.569334, "fair_value": 77.206602, "relative_strength": 6.75101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.988644, "energy": 24.053315, "activity_lines": [ 123.534667, 123.582364, 121.776952, 118.661247 ] }, { "date": "2025-08-15", "close": 125.650002, "volume": 22976, "typical_volume": 39406.05, "trend": 115.334334, "fair_value": 77.771538, "relative_strength": 9.372082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.878126, "energy": 24.415354, "activity_lines": [ 123.777335, 124.121455, 122.488429, 119.376129 ] }, { "date": "2025-08-22", "close": 131.220001, "volume": 28909, "typical_volume": 37014.15, "trend": 116.343001, "fair_value": 78.381667, "relative_strength": 12.357575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.220907, "energy": 35.414633, "activity_lines": [ 126.126001, 125.604364, 123.630857, 120.401011 ] }, { "date": "2025-08-29", "close": 126.550003, "volume": 32619, "typical_volume": 30246.95, "trend": 117.264667, "fair_value": 78.949744, "relative_strength": 5.353522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.925808, "energy": 33.444185, "activity_lines": [ 126.578669, 125.954183, 124.151524, 121.059527 ] }, { "date": "2025-09-05", "close": 124.540001, "volume": 29649, "typical_volume": 29947.25, "trend": 117.815001, "fair_value": 79.485513, "relative_strength": 2.443498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.743288, "energy": 34.488588, "activity_lines": [ 126.372668, 125.737638, 124.380524, 121.528904 ] }, { "date": "2025-09-12", "close": 129.479996, "volume": 32393, "typical_volume": 30200.2, "trend": 118.297667, "fair_value": 80.046282, "relative_strength": 6.3907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.825552, "energy": 39.933115, "activity_lines": [ 127.553333, 126.427637, 125.015381, 122.281484 ] }, { "date": "2025-09-19", "close": 130.839996, "volume": 31589, "typical_volume": 29574.6, "trend": 118.915, "fair_value": 80.651346, "relative_strength": 4.575968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.55189, "energy": 34.396955, "activity_lines": [ 128.670665, 127.270363, 125.686857, 123.090667 ] }, { "date": "2025-09-26", "close": 130.330002, "volume": 39418, "typical_volume": 29876.95, "trend": 119.396, "fair_value": 81.256538, "relative_strength": 4.190793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.393276, "energy": 34.839389, "activity_lines": [ 129.271999, 127.994, 126.251809, 123.827118 ] }, { "date": "2025-10-03", "close": 129.259995, "volume": 26176, "typical_volume": 29044.45, "trend": 120.04, "fair_value": 81.85109, "relative_strength": 3.926112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.945317, "energy": 35.320156, "activity_lines": [ 129.575998, 128.446726, 126.646666, 124.463505 ] }, { "date": "2025-10-10", "close": 128.490005, "volume": 18533, "typical_volume": 29219.3, "trend": 120.917667, "fair_value": 82.463654, "relative_strength": 5.943015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.765471, "energy": 31.331965, "activity_lines": [ 129.442667, 128.713273, 126.97781, 125.008667 ] }, { "date": "2025-10-17", "close": 124.669998, "volume": 25019, "typical_volume": 28629.1, "trend": 121.487333, "fair_value": 83.031987, "relative_strength": 0.830385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.737277, "energy": 18.526982, "activity_lines": [ 127.772666, 128.142545, 126.929381, 125.250753 ] }, { "date": "2025-10-24", "close": 127.239998, "volume": 79924, "typical_volume": 29550.25, "trend": 122.237, "fair_value": 83.613461, "relative_strength": 0.9203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.656205, "energy": 14.505257, "activity_lines": [ 127.279999, 127.985636, 127.10519, 125.621892 ] }, { "date": "2025-10-31", "close": 130.479996, "volume": 40363, "typical_volume": 30803.5, "trend": 123.451333, "fair_value": 84.220769, "relative_strength": 1.090279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.282435, "energy": 17.647016, "activity_lines": [ 128.107331, 128.388908, 127.563952, 126.153698 ] }, { "date": "2025-11-07", "close": 122.519997, "volume": 218992, "typical_volume": 40675.7, "trend": 124.018666, "fair_value": 84.757628, "relative_strength": -7.835352, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.556863, "energy": 9.452358, "activity_lines": [ 126.271331, 127.358362, 127.193761, 126.093612 ] }, { "date": "2025-11-14", "close": 120.800003, "volume": 78757, "typical_volume": 42685.4, "trend": 124.346333, "fair_value": 85.283013, "relative_strength": -11.155913, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.169109, "energy": 14.065947, "activity_lines": [ 124.311332, 126.088363, 126.626333, 125.885957 ] }, { "date": "2025-11-21", "close": 112.510002, "volume": 57392, "typical_volume": 44140.75, "trend": 124.431, "fair_value": 85.759102, "relative_strength": -15.520438, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.299579, "energy": 42.935186, "activity_lines": [ 120.100667, 123.379091, 125.289381, 125.122322 ] }, { "date": "2025-11-28", "close": 116.529999, "volume": 38210, "typical_volume": 44510.1, "trend": 124.359666, "fair_value": 86.2675, "relative_strength": -14.622325, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.772513, "energy": 52.760651, "activity_lines": [ 118.040667, 121.709272, 124.391333, 124.61258 ] }, { "date": "2025-12-05", "close": 124.529999, "volume": 70881, "typical_volume": 47127.6, "trend": 124.643666, "fair_value": 86.842243, "relative_strength": -7.765654, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.418199, "energy": 54.171394, "activity_lines": [ 119.361333, 121.754181, 124.316428, 124.623569 ] }, { "date": "2025-12-12", "close": 115.589996, "volume": 106652, "typical_volume": 51551.9, "trend": 124.120666, "fair_value": 87.362243, "relative_strength": -16.129712, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.209694, "energy": 55.448873, "activity_lines": [ 118.098665, 120.27909, 123.397713, 124.039462 ] }, { "date": "2025-12-19", "close": 109.410004, "volume": 42850, "typical_volume": 52183.65, "trend": 123.595, "fair_value": 87.859936, "relative_strength": -19.32107, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.83752, "energy": 57.196286, "activity_lines": [ 115.238, 117.928909, 121.943428, 123.090387 ] }, { "date": "2025-12-26", "close": 111.330002, "volume": 10190, "typical_volume": 51574.6, "trend": 123.294, "fair_value": 88.361538, "relative_strength": -18.961237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.709799, "energy": 53.404788, "activity_lines": [ 113.776667, 116.274728, 120.725476, 122.299097 ] }, { "date": "2026-01-02", "close": 113.209999, "volume": 16078, "typical_volume": 51229.7, "trend": 123.005666, "fair_value": 88.866218, "relative_strength": -17.165466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.134347, "energy": 61.360343, "activity_lines": [ 113.020667, 115.204909, 119.736095, 121.648516 ] }, { "date": "2026-01-09", "close": 114.419998, "volume": 97902, "typical_volume": 54679.35, "trend": 122.966333, "fair_value": 89.359487, "relative_strength": -17.4553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.467283, "energy": 54.705388, "activity_lines": [ 112.889333, 114.610182, 118.92119, 121.094602 ] }, { "date": "2026-01-16", "close": 113.849998, "volume": 40665, "typical_volume": 55081.65, "trend": 122.911333, "fair_value": 89.835641, "relative_strength": -18.30412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.040418, "energy": 37.725342, "activity_lines": [ 113.241999, 114.203818, 118.131999, 120.506451 ] }, { "date": "2026-01-23", "close": 108.360001, "volume": 41574, "typical_volume": 55677.9, "trend": 122.356666, "fair_value": 90.280128, "relative_strength": -27.997475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.955685, "energy": 41.156558, "activity_lines": [ 111.880666, 112.956909, 116.880428, 119.567656 ] }, { "date": "2026-01-30", "close": 106.779999, "volume": 33835, "typical_volume": 55750.0, "trend": 121.773333, "fair_value": 90.693013, "relative_strength": -29.713581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.289403, "energy": 43.475041, "activity_lines": [ 110.062666, 111.648909, 115.555428, 118.562709 ] }, { "date": "2026-02-06", "close": 96.459999, "volume": 88904, "typical_volume": 58615.75, "trend": 120.675666, "fair_value": 91.024936, "relative_strength": -36.562363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.127579, "energy": 73.413094, "activity_lines": [ 105.107999, 108.568727, 113.355666, 116.929591 ] }, { "date": "2026-02-13", "close": 92.480003, "volume": 51826, "typical_volume": 59236.15, "trend": 119.554, "fair_value": 91.329615, "relative_strength": -39.767246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.38727, "energy": 86.248066, "activity_lines": [ 99.943334, 105.129818, 110.940571, 115.110516 ] }, { "date": "2026-02-20", "close": 95.610001, "volume": 8090, "typical_volume": 58331.85, "trend": 118.517, "fair_value": 91.660449, "relative_strength": -38.510664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.266262, "energy": 86.688486, "activity_lines": [ 97.284668, 102.842728, 109.003809, 113.565742 ] }, { "date": "2026-02-27", "close": 95.75, "volume": 173172, "typical_volume": 66063.8, "trend": 117.687333, "fair_value": 91.988974, "relative_strength": -37.204668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.753659, "energy": 84.920823, "activity_lines": [ 95.888667, 100.944364, 107.240619, 112.096903 ] }, { "date": "2026-03-06", "close": 98.290001, "volume": 40960, "typical_volume": 66860.85, "trend": 116.906, "fair_value": 92.359167, "relative_strength": -31.613317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.209448, "energy": 78.496481, "activity_lines": [ 96.180001, 99.756182, 105.875238, 110.845462 ] }, { "date": "2026-03-13", "close": 97.779999, "volume": 63692, "typical_volume": 66049.25, "trend": 115.977, "fair_value": 92.717115, "relative_strength": -30.911626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.464627, "energy": 59.049209, "activity_lines": [ 96.867334, 98.712364, 104.586905, 109.611527 ] }, { "date": "2026-03-20", "close": 101.040001, "volume": 88393, "typical_volume": 68450.75, "trend": 114.971, "fair_value": 93.105769, "relative_strength": -27.608734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.156078, "energy": 44.560679, "activity_lines": [ 98.553334, 98.541819, 103.749333, 108.647849 ] }, { "date": "2026-03-27", "close": 90.800003, "volume": 36734, "typical_volume": 59337.85, "trend": 113.779333, "fair_value": 93.431795, "relative_strength": -36.403975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.74703, "energy": 53.534431, "activity_lines": [ 96.255335, 96.752728, 102.076715, 107.08843 ] }, { "date": "2026-04-03", "close": 92.160004, "volume": 50552, "typical_volume": 57927.6, "trend": 112.7, "fair_value": 93.769487, "relative_strength": -37.299066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.926408, "energy": 51.785101, "activity_lines": [ 94.731336, 95.630002, 100.684667, 105.693635 ] }, { "date": "2026-04-10", "close": 88.57, "volume": 29106, "typical_volume": 56513.3, "trend": 111.336333, "fair_value": 94.106474, "relative_strength": -42.034726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.362045, "energy": 58.344443, "activity_lines": [ 92.250002, 94.149092, 99.087096, 104.136861 ] }, { "date": "2026-04-17", "close": 95.730003, "volume": 52807, "typical_volume": 57243.15, "trend": 110.166, "fair_value": 94.464487, "relative_strength": -36.259181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.333683, "energy": 51.060825, "activity_lines": [ 92.803336, 94.301093, 98.28543, 103.130001 ] }, { "date": "2026-04-24", "close": 97.18, "volume": 7090, "typical_volume": 54053.6, "trend": 109.061, "fair_value": 94.84, "relative_strength": -33.086962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.853788, "energy": 42.804113, "activity_lines": [ 93.976668, 94.730001, 97.720906, 102.292194 ] }, { "date": "2026-05-01", "close": 91.5, "volume": 31915, "typical_volume": 50316.75, "trend": 107.802334, "fair_value": 95.127244, "relative_strength": -35.207565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.911716, "energy": 41.752435, "activity_lines": [ 93.514001, 94.040728, 96.745668, 101.159226 ] }, { "date": "2026-05-08", "close": 95.940002, "volume": 53922, "typical_volume": 50870.35, "trend": 106.717333, "fair_value": 95.439808, "relative_strength": -30.294574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.749369, "energy": 26.587756, "activity_lines": [ 94.484668, 94.233456, 96.308001, 100.393915 ] }, { "date": "2026-05-15", "close": 95.639999, "volume": 68596, "typical_volume": 53790.65, "trend": 105.749667, "fair_value": 95.738526, "relative_strength": -27.080554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.618581, "energy": 23.934434, "activity_lines": [ 95.103334, 94.368183, 95.905906, 99.679248 ] }, { "date": "2026-05-22", "close": 90.0, "volume": 31166, "typical_volume": 54545.05, "trend": 104.508334, "fair_value": 96.009551, "relative_strength": -30.241671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.201087, "energy": 36.21123, "activity_lines": [ 93.370667, 93.525637, 95.041382, 98.66314 ] }, { "date": "2026-05-29", "close": 89.480003, "volume": 47705, "typical_volume": 52035.2, "trend": 103.141667, "fair_value": 96.268269, "relative_strength": -29.000307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.145186, "energy": 38.386039, "activity_lines": [ 91.846668, 92.730001, 94.237858, 97.693571 ] }, { "date": "2026-06-05", "close": 91.400002, "volume": 4907, "typical_volume": 50247.3, "trend": 102.104334, "fair_value": 96.535513, "relative_strength": -24.722705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.336294, "energy": 38.36279, "activity_lines": [ 91.476001, 92.493638, 93.735954, 96.936044 ] }, { "date": "2026-06-12", "close": 87.300003, "volume": 17550, "typical_volume": 49046.1, "trend": 100.987667, "fair_value": 96.760897, "relative_strength": -28.350177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.233696, "energy": 54.3217, "activity_lines": [ 89.745335, 91.500911, 92.950478, 95.980926 ] }, { "date": "2026-06-19", "close": 92.959999, "volume": 191, "typical_volume": 47363.9, "trend": 100.336001, "fair_value": 97.022949, "relative_strength": -21.93417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.237951, "energy": 37.702644, "activity_lines": [ 90.477335, 91.625637, 92.804334, 95.463012 ] }, { "date": "2026-06-26", "close": 97.790001, "volume": 15698, "typical_volume": 43703.6, "trend": 99.711334, "fair_value": 97.318205, "relative_strength": -19.347995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.15263, "energy": 16.504462, "activity_lines": [ 92.998001, 92.548728, 93.184001, 95.298754 ] }, { "date": "2026-07-03", "close": 94.300003, "volume": 396, "typical_volume": 41132.1, "trend": 98.703667, "fair_value": 97.587436, "relative_strength": -21.935961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.876241, "energy": 14.546808, "activity_lines": [ 93.836002, 92.79982, 93.224954, 94.949636 ] }, { "date": "2026-07-10", "close": 95.029999, "volume": 12911, "typical_volume": 41373.15, "trend": 98.018334, "fair_value": 97.853526, "relative_strength": -22.024388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.496284, "energy": 17.414268, "activity_lines": [ 94.596001, 93.236001, 93.326763, 94.712625 ] }, { "date": "2026-07-17", "close": 92.559998, "volume": 72439, "typical_volume": 36336.5, "trend": 97.456667, "fair_value": 98.085705, "relative_strength": -21.32431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.809901, "energy": 17.47389, "activity_lines": [ 94.290666, 93.15891, 93.196096, 94.360474 ] }, { "date": "2026-07-24", "close": 84.0, "volume": 60266, "typical_volume": 37301.8, "trend": 96.545667, "fair_value": 98.260705, "relative_strength": -27.778361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.337981, "energy": 34.999917, "activity_lines": [ 90.781333, 91.586909, 92.265382, 93.492302 ] }, { "date": "2026-07-31", "close": 90.93, "volume": 20215, "typical_volume": 35127.95, "trend": 95.803001, "fair_value": 98.491282, "relative_strength": -22.667735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.983117, "energy": 36.704626, "activity_lines": [ 90.179333, 91.486546, 92.062715, 93.130001 ] }, { "date": "2026-08-07", "close": 95.040001, "volume": 427830, "typical_volume": 52099.8, "trend": 95.157001, "fair_value": 98.755449, "relative_strength": -15.756543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.052236, "energy": 24.679302, "activity_lines": [ 91.404667, 92.116546, 92.284096, 93.080775 ] } ], "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." } } }