{ "ticker": { "uuid": "e68dba5d-b740-426d-a0f4-90552da332f1", "symbol": "MTCH", "name": "Match Group Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 57.838, "architecture_energy": 42.75, "architecture_maturity": 25.407, "architecture_confidence": 70.048, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 18.84, "rotation_up": 54.99, "upward_expansion": 78.81, "deceleration": 62.81, "rotation_down": 20.26, "downward_expansion": 5.47 }, "activity_lines": [ 38.321333, 37.884785, 36.995254, 35.828238 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 37.26, "trend_reference": 34.290716, "distance_from_trend": 0.086591, "trend_direction": "Improving", "fair_value": 33.280169, "distance_from_fair_value": 0.119586, "fair_value_direction": "Improving", "relative_strength": -4.347886, "relative_strength_direction": "Improving", "price_momentum": 0.185377, "excess_performance": -0.002077, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086591, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048169, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.119586, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.018293, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.043479, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016773, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.185377, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.107245, "read": "Demand-led" } ], "volume": { "latest": 24440736, "relative_activity": 1.478412, "balance": 2.107245, "dry_up": 0.92692, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.066664, "annualized_volatility": 0.290247, "from_high_reference": -0.1, "from_low_reference": 0.301404 }, "levels": { "trend_reference": 34.290716, "fair_value_reference": 33.280169, "structural_low": 29.366002, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.05719, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.074097, "regime_survival": 0.5, "best_return": 0.101104, "worst_return": -0.214895, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.069972, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.146556, "regime_survival": 0.4, "best_return": 0.020861, "worst_return": -0.315852, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.194177, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.239292, "regime_survival": 0.0, "best_return": -0.155274, "worst_return": -0.30158, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.242363, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.27936, "regime_survival": 0.5, "best_return": 0.079906, "worst_return": -0.564633, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": -0.145938, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-06-13", "tenure": "Developing", "return": -0.007831, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.068313, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.112173, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-10-03", "tenure": "Developing", "return": -0.098485, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": 0.045151, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": -0.00031, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.003603, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": -0.038764, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-04-10", "tenure": "Established", "return": -0.009974, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.088989, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.073453, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.086271, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.040927, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.858779, "volume": 19452132, "typical_volume": 24151405.6, "trend": 39.169449, "fair_value": 94.974637, "relative_strength": -12.930999, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.289417, "energy": 39.276368, "activity_lines": [ 43.075647, 42.946357, 40.505039, 39.325805 ] }, { "date": "2023-08-25", "close": 42.269953, "volume": 17100672, "typical_volume": 24089920.6, "trend": 38.851869, "fair_value": 94.555665, "relative_strength": -14.718701, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 43.260526, "energy": 29.945139, "activity_lines": [ 42.774477, 42.922663, 40.886834, 39.525837 ] }, { "date": "2023-09-01", "close": 44.847272, "volume": 15679871, "typical_volume": 23867553.55, "trend": 38.787838, "fair_value": 94.187618, "relative_strength": -11.987851, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.376888, "energy": 40.853526, "activity_lines": [ 43.399984, 43.340545, 41.476992, 39.912637 ] }, { "date": "2023-09-08", "close": 42.520928, "volume": 15548076, "typical_volume": 23993094.7, "trend": 38.754697, "fair_value": 93.818828, "relative_strength": -14.419619, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.475055, "energy": 29.544729, "activity_lines": [ 43.194699, 43.243841, 41.794572, 40.153482 ] }, { "date": "2023-09-15", "close": 42.617457, "volume": 24080974, "typical_volume": 23888149.6, "trend": 38.771428, "fair_value": 93.421204, "relative_strength": -12.922762, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.059019, "energy": 27.723279, "activity_lines": [ 43.007433, 43.126076, 42.079378, 40.402692 ] }, { "date": "2023-09-22", "close": 39.827775, "volume": 18017492, "typical_volume": 22860285.85, "trend": 38.768854, "fair_value": 93.022157, "relative_strength": -15.125825, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.151795, "energy": 17.092095, "activity_lines": [ 41.942399, 42.467047, 42.065174, 40.470844 ] }, { "date": "2023-09-29", "close": 37.81515, "volume": 18905027, "typical_volume": 22489409.6, "trend": 38.68954, "fair_value": 92.571906, "relative_strength": -18.683647, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.715954, "energy": 13.85457, "activity_lines": [ 40.408557, 41.561608, 41.822336, 40.409314 ] }, { "date": "2023-10-06", "close": 36.005235, "volume": 19638985, "typical_volume": 22096854.55, "trend": 38.747779, "fair_value": 92.10733, "relative_strength": -23.07825, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.493878, "energy": 33.558748, "activity_lines": [ 38.568396, 40.426517, 41.368903, 40.236133 ] }, { "date": "2023-10-13", "close": 34.306329, "volume": 17621649, "typical_volume": 21481641.65, "trend": 38.709811, "fair_value": 91.632916, "relative_strength": -26.153446, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.663325, "energy": 59.106974, "activity_lines": [ 36.751403, 39.128205, 40.728572, 39.949588 ] }, { "date": "2023-10-20", "close": 34.287023, "volume": 18267863, "typical_volume": 21017643.2, "trend": 38.559226, "fair_value": 91.108319, "relative_strength": -23.334043, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.548357, "energy": 67.977789, "activity_lines": [ 35.475614, 37.971878, 40.07983, 39.664247 ] }, { "date": "2023-10-27", "close": 32.80048, "volume": 21251011, "typical_volume": 20850797.5, "trend": 38.417329, "fair_value": 90.595974, "relative_strength": -24.03658, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.090093, "energy": 70.624089, "activity_lines": [ 34.259673, 36.710949, 39.305371, 39.292715 ] }, { "date": "2023-11-03", "close": 28.418073, "volume": 57781110, "typical_volume": 22128857.6, "trend": 38.215262, "fair_value": 89.957894, "relative_strength": -37.418641, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.852457, "energy": 82.384489, "activity_lines": [ 32.051416, 34.836096, 38.148519, 38.647602 ] }, { "date": "2023-11-10", "close": 28.669048, "volume": 37332615, "typical_volume": 22634920.8, "trend": 38.033144, "fair_value": 89.327363, "relative_strength": -37.698636, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.994044, "energy": 91.55754, "activity_lines": [ 30.55329, 33.258728, 37.074452, 38.031717 ] }, { "date": "2023-11-17", "close": 31.304284, "volume": 38518019, "typical_volume": 23644311.4, "trend": 37.953025, "fair_value": 88.720098, "relative_strength": -32.495561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.213439, "energy": 83.53381, "activity_lines": [ 30.422654, 32.454644, 36.304406, 37.597597 ] }, { "date": "2023-11-24", "close": 30.918169, "volume": 13936277, "typical_volume": 23781286.25, "trend": 37.796327, "fair_value": 88.054297, "relative_strength": -33.056882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.557898, "energy": 80.037736, "activity_lines": [ 30.36345, 31.784295, 35.540886, 37.143735 ] }, { "date": "2023-12-01", "close": 32.240613, "volume": 28488592, "typical_volume": 23998534.4, "trend": 37.802119, "fair_value": 87.361331, "relative_strength": -29.365495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.177737, "energy": 56.663089, "activity_lines": [ 30.969651, 31.567105, 34.950107, 36.785302 ] }, { "date": "2023-12-08", "close": 30.985739, "volume": 31853620, "typical_volume": 24618880.5, "trend": 37.842017, "fair_value": 86.643491, "relative_strength": -31.702312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.477315, "energy": 50.53488, "activity_lines": [ 31.194885, 31.259705, 34.307248, 36.345536 ] }, { "date": "2023-12-15", "close": 33.109372, "volume": 45453597, "typical_volume": 26050517.3, "trend": 37.921171, "fair_value": 85.896198, "relative_strength": -28.598092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.145121, "energy": 38.100077, "activity_lines": [ 31.956818, 31.462591, 33.925201, 36.040204 ] }, { "date": "2023-12-22", "close": 33.978131, "volume": 21145823, "typical_volume": 25108389.1, "trend": 37.956243, "fair_value": 85.172974, "relative_strength": -26.623303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.51367, "energy": 28.235833, "activity_lines": [ 32.712317, 31.876085, 33.677835, 35.785814 ] }, { "date": "2023-12-29", "close": 35.233005, "volume": 15819472, "typical_volume": 24794643.85, "trend": 37.876768, "fair_value": 84.463302, "relative_strength": -23.314729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.140337, "energy": 25.069003, "activity_lines": [ 33.70785, 32.523706, 33.589649, 35.610121 ] }, { "date": "2024-01-05", "close": 35.406757, "volume": 31767208, "typical_volume": 25410397.65, "trend": 37.718782, "fair_value": 83.751031, "relative_strength": -19.57539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.148277, "energy": 26.455811, "activity_lines": [ 34.473645, 33.185718, 33.556898, 35.450766 ] }, { "date": "2024-01-12", "close": 35.599815, "volume": 41584448, "typical_volume": 26634586.45, "trend": 37.545996, "fair_value": 83.045814, "relative_strength": -20.667155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.362888, "energy": 19.613408, "activity_lines": [ 35.092717, 33.835444, 33.578019, 35.314058 ] }, { "date": "2024-01-19", "close": 34.808278, "volume": 23614591, "typical_volume": 27031322.45, "trend": 37.379323, "fair_value": 82.396473, "relative_strength": -23.3507, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.067642, "energy": 17.823539, "activity_lines": [ 35.140337, 34.210678, 33.555519, 35.137431 ] }, { "date": "2024-01-26", "close": 36.642325, "volume": 26348109, "typical_volume": 27571324.1, "trend": 37.254157, "fair_value": 81.765942, "relative_strength": -18.510734, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.953275, "energy": 16.144919, "activity_lines": [ 35.686047, 34.807752, 33.755494, 35.089883 ] }, { "date": "2024-02-02", "close": 36.12107, "volume": 40562688, "typical_volume": 28395409.8, "trend": 37.100033, "fair_value": 81.008562, "relative_strength": -19.629674, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.555159, "energy": 16.012831, "activity_lines": [ 35.880391, 35.212997, 33.93382, 35.016781 ] }, { "date": "2024-02-09", "close": 34.190494, "volume": 23684507, "typical_volume": 28678760.55, "trend": 36.693003, "fair_value": 80.178724, "relative_strength": -24.38126, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.156279, "energy": 11.303572, "activity_lines": [ 35.372006, 35.172631, 33.959216, 34.829069 ] }, { "date": "2024-02-16", "close": 36.285169, "volume": 19987117, "typical_volume": 28732865.05, "trend": 36.459725, "fair_value": 79.415404, "relative_strength": -17.675531, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.208925, "energy": 13.687101, "activity_lines": [ 35.642931, 35.477662, 34.210949, 34.802757 ] }, { "date": "2024-02-23", "close": 35.580509, "volume": 15364931, "typical_volume": 28519162.35, "trend": 36.178505, "fair_value": 78.697688, "relative_strength": -19.572663, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.023796, "energy": 9.210913, "activity_lines": [ 35.633278, 35.558219, 34.402858, 34.746033 ] }, { "date": "2024-03-01", "close": 34.663485, "volume": 23727493, "typical_volume": 28824454.55, "trend": 35.923669, "fair_value": 78.014685, "relative_strength": -22.353993, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.141883, "energy": 10.04494, "activity_lines": [ 35.266468, 35.427116, 34.509453, 34.64829 ] }, { "date": "2024-03-08", "close": 32.723257, "volume": 33065224, "typical_volume": 29564322.6, "trend": 35.567799, "fair_value": 77.275373, "relative_strength": -24.951444, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.9481, "energy": 19.143755, "activity_lines": [ 34.384839, 34.930782, 34.429564, 34.441812 ] }, { "date": "2024-03-15", "close": 32.385406, "volume": 45028191, "typical_volume": 30753181.6, "trend": 35.218687, "fair_value": 76.538104, "relative_strength": -24.233586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.201823, "energy": 25.792318, "activity_lines": [ 33.617113, 34.418653, 34.324945, 34.236496 ] }, { "date": "2024-03-22", "close": 34.509039, "volume": 35541449, "typical_volume": 29641198.55, "trend": 34.95999, "fair_value": 75.903736, "relative_strength": -20.875876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.139671, "energy": 24.314273, "activity_lines": [ 33.677605, 34.347573, 34.424554, 34.190712 ] }, { "date": "2024-03-29", "close": 35.020642, "volume": 20124119, "typical_volume": 28780773.75, "trend": 34.632435, "fair_value": 75.245484, "relative_strength": -18.676163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.35832, "energy": 18.967891, "activity_lines": [ 34.027039, 34.389344, 34.543882, 34.194625 ] }, { "date": "2024-04-05", "close": 32.539852, "volume": 19707561, "typical_volume": 27840250.85, "trend": 34.299733, "fair_value": 74.563843, "relative_strength": -23.293425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.489891, "energy": 21.725947, "activity_lines": [ 33.586868, 33.9762, 34.396698, 34.05962 ] }, { "date": "2024-04-12", "close": 31.545606, "volume": 21345817, "typical_volume": 28210727.85, "trend": 33.930671, "fair_value": 73.866979, "relative_strength": -24.72459, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.630184, "energy": 29.845149, "activity_lines": [ 32.956857, 33.456876, 34.148941, 33.881934 ] }, { "date": "2024-04-19", "close": 31.062962, "volume": 20660859, "typical_volume": 27819341.2, "trend": 33.638511, "fair_value": 73.144065, "relative_strength": -21.142284, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -27.595635, "energy": 40.833351, "activity_lines": [ 32.244474, 32.932988, 33.85223, 33.696921 ] }, { "date": "2024-04-26", "close": 30.783028, "volume": 16519910, "typical_volume": 27052655.7, "trend": 33.404106, "fair_value": 72.378394, "relative_strength": -24.207725, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.338604, "energy": 52.462791, "activity_lines": [ 31.526943, 32.415067, 33.534466, 33.512696 ] }, { "date": "2024-05-03", "close": 30.82164, "volume": 20804268, "typical_volume": 25820189.25, "trend": 33.23132, "fair_value": 71.671382, "relative_strength": -24.443142, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.567365, "energy": 58.326454, "activity_lines": [ 31.070684, 32.004205, 33.221345, 33.346085 ] }, { "date": "2024-05-10", "close": 29.624683, "volume": 47352187, "typical_volume": 27130507.45, "trend": 33.075265, "fair_value": 70.981449, "relative_strength": -28.085652, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.460768, "energy": 60.937428, "activity_lines": [ 30.495373, 31.46224, 32.805122, 33.113399 ] }, { "date": "2024-05-17", "close": 30.126633, "volume": 28247355, "typical_volume": 27751901.6, "trend": 32.936585, "fair_value": 70.287741, "relative_strength": -28.06251, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.07996, "energy": 65.522672, "activity_lines": [ 30.281722, 31.103153, 32.457435, 32.923165 ] }, { "date": "2024-05-24", "close": 28.379462, "volume": 21109280, "typical_volume": 27219005.2, "trend": 32.789218, "fair_value": 69.582463, "relative_strength": -32.687321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.609515, "energy": 71.585382, "activity_lines": [ 29.58028, 30.47361, 31.967666, 32.629157 ] }, { "date": "2024-05-31", "close": 29.566766, "volume": 20479790, "typical_volume": 26163772.3, "trend": 32.827508, "fair_value": 68.918518, "relative_strength": -28.126484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.880524, "energy": 61.974522, "activity_lines": [ 29.453506, 30.132776, 31.624438, 32.421257 ] }, { "date": "2024-06-07", "close": 30.908516, "volume": 18524850, "typical_volume": 25909285.25, "trend": 32.902157, "fair_value": 68.240651, "relative_strength": -26.117556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.75335, "energy": 43.262915, "activity_lines": [ 29.855065, 30.125755, 31.437723, 32.297451 ] }, { "date": "2024-06-14", "close": 30.45483, "volume": 19250522, "typical_volume": 25554405.9, "trend": 32.873842, "fair_value": 67.483457, "relative_strength": -28.941349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.488463, "energy": 38.460011, "activity_lines": [ 30.099605, 30.111013, 31.226371, 32.139559 ] }, { "date": "2024-06-21", "close": 29.933575, "volume": 23834898, "typical_volume": 24718016.4, "trend": 32.841022, "fair_value": 66.672986, "relative_strength": -29.574018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.861485, "energy": 29.574766, "activity_lines": [ 30.115049, 30.039406, 30.99484, 31.949864 ] }, { "date": "2024-06-28", "close": 29.325444, "volume": 33656681, "typical_volume": 25216625.1, "trend": 32.74385, "fair_value": 65.862268, "relative_strength": -30.221504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.604168, "energy": 30.337058, "activity_lines": [ 29.940654, 29.886539, 30.734856, 31.723053 ] }, { "date": "2024-07-05", "close": 28.398767, "volume": 14323438, "typical_volume": 24933441.15, "trend": 32.657617, "fair_value": 65.037999, "relative_strength": -33.955373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.602745, "energy": 43.845227, "activity_lines": [ 29.394301, 29.596777, 30.409784, 31.442725 ] }, { "date": "2024-07-12", "close": 31.159491, "volume": 31264212, "typical_volume": 25728405.2, "trend": 32.592621, "fair_value": 64.240461, "relative_strength": -26.353621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.243186, "energy": 33.33917, "activity_lines": [ 29.846056, 29.852315, 30.385192, 31.346071 ] }, { "date": "2024-07-19", "close": 33.466528, "volume": 45833934, "typical_volume": 26833727.25, "trend": 32.575568, "fair_value": 63.428691, "relative_strength": -16.788494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.075254, "energy": 9.202555, "activity_lines": [ 31.050091, 30.521172, 30.60137, 31.402452 ] }, { "date": "2024-07-26", "close": 32.09582, "volume": 23245601, "typical_volume": 26342746.1, "trend": 32.470995, "fair_value": 62.648912, "relative_strength": -17.211545, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.835946, "energy": 14.011274, "activity_lines": [ 31.596444, 30.870957, 30.692705, 31.371501 ] }, { "date": "2024-08-02", "close": 35.397104, "volume": 47309972, "typical_volume": 26456835.15, "trend": 32.470673, "fair_value": 61.973705, "relative_strength": -5.02589, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.10959, "energy": 35.76395, "activity_lines": [ 33.099076, 31.785173, 31.101435, 31.560282 ] }, { "date": "2024-08-09", "close": 33.64028, "volume": 24254309, "typical_volume": 25892478.15, "trend": 32.405355, "fair_value": 61.346268, "relative_strength": -9.133296, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.229299, "energy": 41.482026, "activity_lines": [ 33.611322, 32.252372, 31.328508, 31.635741 ] }, { "date": "2024-08-16", "close": 33.968478, "volume": 19291966, "typical_volume": 25850870.5, "trend": 32.377362, "fair_value": 60.743149, "relative_strength": -11.993451, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.126319, "energy": 49.636606, "activity_lines": [ 33.883533, 32.70518, 31.590974, 31.736587 ] }, { "date": "2024-08-23", "close": 36.024541, "volume": 21906159, "typical_volume": 25960800.4, "trend": 32.356769, "fair_value": 60.101604, "relative_strength": -6.708443, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.327078, "energy": 62.941984, "activity_lines": [ 34.653832, 33.476181, 32.054266, 31.971889 ] }, { "date": "2024-08-30", "close": 35.918359, "volume": 15318629, "typical_volume": 25659441.0, "trend": 32.350012, "fair_value": 59.414888, "relative_strength": -5.254421, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.522444, "energy": 57.48467, "activity_lines": [ 35.218204, 34.12661, 32.490852, 32.201669 ] }, { "date": "2024-09-06", "close": 34.576609, "volume": 14029534, "typical_volume": 25327874.75, "trend": 32.362883, "fair_value": 58.619392, "relative_strength": -2.293928, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.491114, "energy": 43.917753, "activity_lines": [ 35.080489, 34.424269, 32.77883, 32.345321 ] }, { "date": "2024-09-13", "close": 33.804379, "volume": 22430295, "typical_volume": 25623394.0, "trend": 32.28019, "fair_value": 57.863745, "relative_strength": -8.840143, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.140045, "energy": 41.436682, "activity_lines": [ 34.740065, 34.486048, 32.97653, 32.43832 ] }, { "date": "2024-09-20", "close": 35.039948, "volume": 25392430, "typical_volume": 25852802.1, "trend": 32.262171, "fair_value": 57.09269, "relative_strength": -5.98915, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.048399, "energy": 36.962897, "activity_lines": [ 34.800556, 34.674191, 33.277516, 32.616369 ] }, { "date": "2024-09-27", "close": 36.497532, "volume": 17111567, "typical_volume": 24340771.1, "trend": 32.323306, "fair_value": 56.345087, "relative_strength": -2.321663, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.603017, "energy": 39.71218, "activity_lines": [ 35.275478, 35.056796, 33.697232, 32.889618 ] }, { "date": "2024-10-04", "close": 36.294822, "volume": 19161643, "typical_volume": 23886485.5, "trend": 32.442358, "fair_value": 55.602929, "relative_strength": -2.368211, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.64766, "energy": 40.669882, "activity_lines": [ 35.651297, 35.347436, 34.064915, 33.145845 ] }, { "date": "2024-10-11", "close": 36.410656, "volume": 20484258, "typical_volume": 23855234.4, "trend": 32.576533, "fair_value": 54.846168, "relative_strength": -2.746746, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.036752, "energy": 50.862497, "activity_lines": [ 36.040629, 35.58279, 34.414257, 33.401864 ] }, { "date": "2024-10-18", "close": 37.096011, "volume": 15701444, "typical_volume": 23616317.1, "trend": 32.662765, "fair_value": 54.036255, "relative_strength": -0.575899, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.884718, "energy": 65.564581, "activity_lines": [ 36.536144, 35.924327, 34.790627, 33.693444 ] }, { "date": "2024-10-25", "close": 35.918359, "volume": 11984108, "typical_volume": 23289280.0, "trend": 32.692689, "fair_value": 53.333513, "relative_strength": -3.327712, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.400459, "energy": 55.705047, "activity_lines": [ 36.419666, 35.988913, 35.018987, 33.903482 ] }, { "date": "2024-11-01", "close": 34.451122, "volume": 16516538, "typical_volume": 23152580.8, "trend": 32.756398, "fair_value": 52.559798, "relative_strength": -5.603148, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.419636, "energy": 37.015677, "activity_lines": [ 35.755548, 35.751277, 35.083753, 34.016929 ] }, { "date": "2024-11-08", "close": 29.499196, "volume": 48434366, "typical_volume": 24382554.2, "trend": 32.688185, "fair_value": 51.839606, "relative_strength": -22.996672, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -11.687361, "energy": 17.341079, "activity_lines": [ 33.577215, 34.641898, 34.657877, 33.806787 ] }, { "date": "2024-11-15", "close": 29.643989, "volume": 25200357, "typical_volume": 23959738.0, "trend": 32.640886, "fair_value": 51.15747, "relative_strength": -19.424308, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.954991, "energy": 42.129683, "activity_lines": [ 31.900188, 33.675557, 34.24786, 33.610387 ] }, { "date": "2024-11-22", "close": 30.430698, "volume": 18093141, "typical_volume": 24148223.15, "trend": 32.629141, "fair_value": 50.525423, "relative_strength": -18.375166, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.986182, "energy": 53.1071, "activity_lines": [ 30.936509, 32.941938, 33.91125, 33.467795 ] }, { "date": "2024-11-29", "close": 31.603523, "volume": 13887865, "typical_volume": 23279405.8, "trend": 32.655204, "fair_value": 49.947178, "relative_strength": -15.417277, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.118996, "energy": 57.046399, "activity_lines": [ 30.808126, 32.4829, 33.676662, 33.401626 ] }, { "date": "2024-12-06", "close": 31.786928, "volume": 15912605, "typical_volume": 21783339.35, "trend": 32.727279, "fair_value": 49.34443, "relative_strength": -17.214944, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.365261, "energy": 55.477121, "activity_lines": [ 31.028533, 32.119689, 33.457427, 33.345608 ] }, { "date": "2024-12-13", "close": 30.358302, "volume": 34700208, "typical_volume": 22356069.7, "trend": 32.735001, "fair_value": 48.755357, "relative_strength": -21.018125, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.966217, "energy": 35.400337, "activity_lines": [ 30.950345, 31.582375, 33.11013, 33.192771 ] }, { "date": "2024-12-20", "close": 32.588117, "volume": 32916028, "typical_volume": 21636372.5, "trend": 32.87529, "fair_value": 48.138563, "relative_strength": -12.795707, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.574592, "energy": 21.26377, "activity_lines": [ 31.558155, 31.558418, 32.983471, 33.183294 ] }, { "date": "2024-12-27", "close": 32.018597, "volume": 8586283, "typical_volume": 20852971.2, "trend": 32.957017, "fair_value": 47.525481, "relative_strength": -14.519027, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.269189, "energy": 14.532956, "activity_lines": [ 31.779849, 31.500413, 32.815948, 33.128024 ] }, { "date": "2025-01-03", "close": 31.545606, "volume": 12956570, "typical_volume": 20536201.4, "trend": 32.978254, "fair_value": 46.952558, "relative_strength": -14.471356, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.389536, "energy": 13.622266, "activity_lines": [ 31.73802, 31.448726, 32.6111, 33.036965 ] }, { "date": "2025-01-10", "close": 29.909801, "volume": 16258420, "typical_volume": 20253814.45, "trend": 32.960086, "fair_value": 46.394643, "relative_strength": -16.442216, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -61.598639, "energy": 32.172214, "activity_lines": [ 31.154784, 31.179125, 32.261998, 32.839 ] }, { "date": "2025-01-17", "close": 31.783411, "volume": 20219688, "typical_volume": 20498867.4, "trend": 33.021747, "fair_value": 45.881594, "relative_strength": -13.158465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.552239, "energy": 27.414375, "activity_lines": [ 31.321226, 31.33275, 32.120454, 32.763086 ] }, { "date": "2025-01-24", "close": 33.064844, "volume": 13940889, "typical_volume": 20494435.15, "trend": 33.146394, "fair_value": 45.417723, "relative_strength": -10.400246, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.164304, "energy": 16.963996, "activity_lines": [ 31.819805, 31.677831, 32.120641, 32.765866 ] }, { "date": "2025-01-31", "close": 34.656927, "volume": 19257568, "typical_volume": 20335798.8, "trend": 33.354999, "fair_value": 44.922229, "relative_strength": -4.281664, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.171926, "energy": 9.200835, "activity_lines": [ 32.817297, 32.250184, 32.279654, 32.86332 ] }, { "date": "2025-02-07", "close": 32.81244, "volume": 36174412, "typical_volume": 20874897.9, "trend": 33.410098, "fair_value": 44.434835, "relative_strength": -9.082944, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.308293, "energy": 16.957989, "activity_lines": [ 33.024071, 32.410336, 32.258942, 32.828316 ] }, { "date": "2025-02-14", "close": 33.676437, "volume": 23376613, "typical_volume": 21188150.2, "trend": 33.417095, "fair_value": 43.985156, "relative_strength": -8.76554, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.277408, "energy": 22.178409, "activity_lines": [ 33.434388, 32.705598, 32.331122, 32.845499 ] }, { "date": "2025-02-21", "close": 31.812535, "volume": 18554123, "typical_volume": 21157774.2, "trend": 33.407652, "fair_value": 43.488506, "relative_strength": -11.303778, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.946353, "energy": 15.232374, "activity_lines": [ 32.972296, 32.627614, 32.239221, 32.741979 ] }, { "date": "2025-02-28", "close": 30.783505, "volume": 39789779, "typical_volume": 22123050.25, "trend": 33.253865, "fair_value": 43.088163, "relative_strength": -10.702761, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.949326, "energy": 19.880531, "activity_lines": [ 32.165252, 32.336092, 32.070662, 32.57268 ] }, { "date": "2025-03-07", "close": 31.666917, "volume": 31854471, "typical_volume": 22930701.6, "trend": 33.188086, "fair_value": 42.74385, "relative_strength": -4.794827, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.297706, "energy": 20.558223, "activity_lines": [ 31.804768, 32.238003, 32.013034, 32.470296 ] }, { "date": "2025-03-14", "close": 30.036003, "volume": 19508350, "typical_volume": 23306913.7, "trend": 33.057004, "fair_value": 42.300969, "relative_strength": -7.085359, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.489242, "energy": 35.835074, "activity_lines": [ 31.09998, 31.849777, 31.825933, 32.266936 ] }, { "date": "2025-03-21", "close": 29.599151, "volume": 30546630, "typical_volume": 24008418.3, "trend": 32.842824, "fair_value": 41.830289, "relative_strength": -8.239672, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.839779, "energy": 58.900296, "activity_lines": [ 30.434671, 31.409572, 31.625238, 32.043848 ] }, { "date": "2025-03-28", "close": 29.735061, "volume": 17517759, "typical_volume": 22462587.95, "trend": 32.636714, "fair_value": 41.346311, "relative_strength": -5.18405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.863958, "energy": 60.488969, "activity_lines": [ 30.086484, 30.999725, 31.460592, 31.843348 ] }, { "date": "2025-04-04", "close": 28.07593, "volume": 37567188, "typical_volume": 23080929.5, "trend": 32.420025, "fair_value": 40.904541, "relative_strength": -0.447959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.074189, "energy": 69.261827, "activity_lines": [ 29.323751, 30.325461, 31.13681, 31.549103 ] }, { "date": "2025-04-11", "close": 27.821938, "volume": 27940586, "typical_volume": 23573301.75, "trend": 32.22061, "fair_value": 40.512995, "relative_strength": -7.940409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.799385, "energy": 69.865319, "activity_lines": [ 28.65686, 29.695724, 30.796305, 31.252453 ] }, { "date": "2025-04-18", "close": 28.34946, "volume": 13040665, "typical_volume": 23530941.75, "trend": 31.997594, "fair_value": 40.21641, "relative_strength": -3.698136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.435326, "energy": 64.568692, "activity_lines": [ 28.422141, 29.286173, 30.518464, 31.002701 ] }, { "date": "2025-04-25", "close": 29.375199, "volume": 16482637, "typical_volume": 23559443.35, "trend": 31.760183, "fair_value": 39.914953, "relative_strength": -5.958898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.865711, "energy": 53.494586, "activity_lines": [ 28.641771, 29.144265, 30.353807, 30.833514 ] }, { "date": "2025-05-02", "close": 29.980873, "volume": 20543522, "typical_volume": 22851609.05, "trend": 31.549718, "fair_value": 39.648812, "relative_strength": -6.947145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.31893, "energy": 35.832691, "activity_lines": [ 29.078223, 29.190684, 30.258318, 30.71872 ] }, { "date": "2025-05-09", "close": 26.551976, "volume": 36543152, "typical_volume": 23032965.25, "trend": 31.221095, "fair_value": 39.339405, "relative_strength": -17.129763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.108506, "energy": 43.370792, "activity_lines": [ 28.355322, 28.64697, 29.838064, 30.396285 ] }, { "date": "2025-05-16", "close": 28.574146, "volume": 29420714, "typical_volume": 24074686.8, "trend": 30.937033, "fair_value": 39.047973, "relative_strength": -16.252281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.895574, "energy": 32.8357, "activity_lines": [ 28.408074, 28.54786, 29.639142, 30.225514 ] }, { "date": "2025-05-23", "close": 28.53507, "volume": 24375352, "typical_volume": 24645625.9, "trend": 30.690923, "fair_value": 38.736861, "relative_strength": -14.192471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.43449, "energy": 32.635033, "activity_lines": [ 28.397654, 28.497877, 29.4529, 30.070549 ] }, { "date": "2025-05-30", "close": 29.248203, "volume": 14879741, "typical_volume": 24576691.95, "trend": 30.517493, "fair_value": 38.415655, "relative_strength": -13.47423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.078441, "energy": 28.099459, "activity_lines": [ 28.612571, 28.604845, 29.348912, 29.97747 ] }, { "date": "2025-06-06", "close": 31.104301, "volume": 15937764, "typical_volume": 24362595.75, "trend": 30.570996, "fair_value": 38.140565, "relative_strength": -9.634258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.081381, "energy": 12.685694, "activity_lines": [ 29.454653, 29.055666, 29.424845, 30.015329 ] }, { "date": "2025-06-13", "close": 29.502195, "volume": 19403732, "typical_volume": 24635737.9, "trend": 30.56627, "fair_value": 37.905481, "relative_strength": -13.603833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.492531, "energy": 17.092093, "activity_lines": [ 29.687805, 29.1903, 29.351431, 29.946374 ] }, { "date": "2025-06-20", "close": 29.883184, "volume": 23428877, "typical_volume": 24844303.35, "trend": 30.548019, "fair_value": 37.611612, "relative_strength": -12.310531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.341819, "energy": 14.088313, "activity_lines": [ 29.851272, 29.368272, 29.331266, 29.902304 ] }, { "date": "2025-06-27", "close": 30.137176, "volume": 20831255, "typical_volume": 24077145.5, "trend": 30.499141, "fair_value": 37.362437, "relative_strength": -14.924107, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.701959, "energy": 13.629265, "activity_lines": [ 30.012134, 29.554947, 29.358023, 29.875798 ] }, { "date": "2025-07-04", "close": 31.973737, "volume": 15674102, "typical_volume": 23692019.95, "trend": 30.505368, "fair_value": 37.101831, "relative_strength": -11.056952, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.725532, "energy": 26.007725, "activity_lines": [ 30.678375, 30.043039, 29.57243, 29.970933 ] }, { "date": "2025-07-11", "close": 31.924607, "volume": 16760900, "typical_volume": 23602358.8, "trend": 30.557578, "fair_value": 36.902788, "relative_strength": -10.718029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.990581, "energy": 38.65207, "activity_lines": [ 31.146538, 30.474952, 29.790266, 30.062497 ] }, { "date": "2025-07-18", "close": 31.885303, "volume": 17487467, "typical_volume": 22487243.2, "trend": 30.534151, "fair_value": 36.660364, "relative_strength": -11.580594, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.517861, "energy": 44.608594, "activity_lines": [ 31.546913, 30.864378, 30.003825, 30.148156 ] }, { "date": "2025-07-25", "close": 33.958584, "volume": 18966117, "typical_volume": 21842825.5, "trend": 30.598817, "fair_value": 36.424424, "relative_strength": -6.407666, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.448802, "energy": 62.443014, "activity_lines": [ 32.479507, 31.533795, 30.409593, 30.369088 ] }, { "date": "2025-08-01", "close": 33.01529, "volume": 23447683, "typical_volume": 22039792.15, "trend": 30.647807, "fair_value": 36.216655, "relative_strength": -6.401723, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.943067, "energy": 58.318545, "activity_lines": [ 32.825976, 31.933805, 30.714611, 30.524989 ] }, { "date": "2025-08-08", "close": 35.461959, "volume": 41623192, "typical_volume": 22593620.25, "trend": 30.832879, "fair_value": 36.023394, "relative_strength": -2.688974, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.591035, "energy": 79.17537, "activity_lines": [ 33.796128, 32.697205, 31.238458, 30.835579 ] }, { "date": "2025-08-15", "close": 37.613849, "volume": 18507067, "typical_volume": 22643085.65, "trend": 31.027227, "fair_value": 35.881673, "relative_strength": 2.92809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.389418, "energy": 87.979036, "activity_lines": [ 35.251028, 33.73888, 31.939328, 31.273061 ] }, { "date": "2025-08-22", "close": 36.650903, "volume": 19641965, "typical_volume": 21746824.5, "trend": 31.146762, "fair_value": 35.75853, "relative_strength": 1.586242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.501729, "energy": 84.08248, "activity_lines": [ 36.005663, 34.487119, 32.510971, 31.635879 ] }, { "date": "2025-08-29", "close": 36.690207, "volume": 15093533, "typical_volume": 21104471.85, "trend": 31.214538, "fair_value": 35.652284, "relative_strength": 2.334291, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.702928, "energy": 84.000085, "activity_lines": [ 36.455693, 35.112528, 33.045525, 31.993521 ] }, { "date": "2025-09-05", "close": 37.505763, "volume": 12076058, "typical_volume": 21056241.5, "trend": 31.370982, "fair_value": 35.507519, "relative_strength": 3.975114, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.98643, "energy": 85.587851, "activity_lines": [ 36.995467, 35.762456, 33.61552, 32.399406 ] }, { "date": "2025-09-12", "close": 37.093072, "volume": 18324344, "typical_volume": 21148326.85, "trend": 31.48487, "fair_value": 35.40268, "relative_strength": 1.230631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.988772, "energy": 72.518687, "activity_lines": [ 37.098313, 36.203374, 34.10261, 32.768573 ] }, { "date": "2025-09-19", "close": 37.839846, "volume": 22841606, "typical_volume": 21263231.05, "trend": 31.68578, "fair_value": 35.352562, "relative_strength": 1.391241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.846901, "energy": 61.58643, "activity_lines": [ 37.341342, 36.686991, 34.62407, 33.178572 ] }, { "date": "2025-09-26", "close": 35.609349, "volume": 21994825, "typical_volume": 20535814.7, "trend": 31.846642, "fair_value": 35.285363, "relative_strength": -3.690243, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.23938, "energy": 49.91562, "activity_lines": [ 36.825805, 36.657513, 34.895677, 33.431705 ] }, { "date": "2025-10-03", "close": 33.909455, "volume": 26547326, "typical_volume": 20392145.3, "trend": 31.921393, "fair_value": 35.203925, "relative_strength": -8.856959, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.6165, "energy": 32.102575, "activity_lines": [ 35.813074, 36.251254, 34.96226, 33.56479 ] }, { "date": "2025-10-10", "close": 31.073786, "volume": 19228192, "typical_volume": 20134787.3, "trend": 31.955986, "fair_value": 35.146572, "relative_strength": -13.964317, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.037848, "energy": 17.760708, "activity_lines": [ 34.040504, 35.330311, 34.733373, 33.510106 ] }, { "date": "2025-10-17", "close": 32.042063, "volume": 17527481, "typical_volume": 20267174.3, "trend": 32.037416, "fair_value": 35.085897, "relative_strength": -12.790924, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.492514, "energy": 24.484136, "activity_lines": [ 33.019491, 34.620719, 34.584613, 33.515659 ] }, { "date": "2025-10-24", "close": 32.22979, "volume": 15484255, "typical_volume": 20244498.85, "trend": 32.120574, "fair_value": 35.022218, "relative_strength": -13.587371, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.391438, "energy": 27.350821, "activity_lines": [ 32.397788, 34.007439, 34.440428, 33.52807 ] }, { "date": "2025-10-31", "close": 31.95314, "volume": 15537398, "typical_volume": 20051182.15, "trend": 32.249814, "fair_value": 34.960849, "relative_strength": -15.413952, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.528539, "energy": 35.67829, "activity_lines": [ 32.057872, 33.441751, 34.264536, 33.517268 ] }, { "date": "2025-11-07", "close": 32.4768, "volume": 32068461, "typical_volume": 20483161.35, "trend": 32.404976, "fair_value": 34.850736, "relative_strength": -11.17655, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.519584, "energy": 37.917357, "activity_lines": [ 32.136256, 33.056688, 34.126845, 33.531912 ] }, { "date": "2025-11-14", "close": 31.893858, "volume": 14731018, "typical_volume": 20178149.5, "trend": 32.523123, "fair_value": 34.768073, "relative_strength": -12.430458, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.911766, "energy": 41.610384, "activity_lines": [ 32.115837, 32.642243, 33.921286, 33.498937 ] }, { "date": "2025-11-21", "close": 31.883977, "volume": 16668077, "typical_volume": 20227848.25, "trend": 32.606749, "fair_value": 34.679962, "relative_strength": -9.482187, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.741587, "energy": 29.098109, "activity_lines": [ 32.037452, 32.328036, 33.70642, 33.457702 ] }, { "date": "2025-11-28", "close": 32.911536, "volume": 13489221, "typical_volume": 20064264.3, "trend": 32.704438, "fair_value": 34.589776, "relative_strength": -10.703625, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.361679, "energy": 16.143813, "activity_lines": [ 32.312127, 32.295369, 33.589844, 33.477366 ] }, { "date": "2025-12-05", "close": 34.107062, "volume": 14696973, "typical_volume": 19924739.6, "trend": 32.956274, "fair_value": 34.53875, "relative_strength": -8.198652, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 5.46784, "energy": 7.600895, "activity_lines": [ 32.93986, 32.569675, 33.582429, 33.567857 ] }, { "date": "2025-12-12", "close": 32.792972, "volume": 14888201, "typical_volume": 19720843.8, "trend": 33.096901, "fair_value": 34.489447, "relative_strength": -9.910474, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.778602, "energy": 8.614843, "activity_lines": [ 32.985969, 32.632371, 33.439282, 33.557322 ] }, { "date": "2025-12-19", "close": 32.625006, "volume": 23794478, "typical_volume": 19738183.55, "trend": 33.233232, "fair_value": 34.447483, "relative_strength": -10.571705, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.199803, "energy": 10.508884, "activity_lines": [ 32.95501, 32.684827, 33.285689, 33.526877 ] }, { "date": "2025-12-26", "close": 32.150747, "volume": 8765435, "typical_volume": 18095295.7, "trend": 33.329984, "fair_value": 34.396848, "relative_strength": -12.664473, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.057554, "energy": 10.638747, "activity_lines": [ 32.717222, 32.62285, 33.088787, 33.457039 ] }, { "date": "2026-01-02", "close": 31.360317, "volume": 12440367, "typical_volume": 17791960.7, "trend": 33.338518, "fair_value": 34.335825, "relative_strength": -13.032144, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.192425, "energy": 44.583833, "activity_lines": [ 32.198173, 32.415182, 32.832373, 33.329964 ] }, { "date": "2026-01-09", "close": 32.019377, "volume": 17066680, "typical_volume": 17663196.45, "trend": 33.422424, "fair_value": 34.255637, "relative_strength": -12.888891, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.789675, "energy": 50.962842, "activity_lines": [ 32.002225, 32.343152, 32.668506, 33.244858 ] }, { "date": "2026-01-16", "close": 31.139888, "volume": 17091336, "typical_volume": 17763086.6, "trend": 33.464314, "fair_value": 34.143266, "relative_strength": -14.234484, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.07464, "energy": 65.070252, "activity_lines": [ 31.652293, 32.110011, 32.442933, 33.097598 ] }, { "date": "2026-01-23", "close": 30.886476, "volume": 14618857, "typical_volume": 17890226.55, "trend": 33.489291, "fair_value": 34.009222, "relative_strength": -14.763226, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.017915, "energy": 67.76066, "activity_lines": [ 31.328096, 31.855102, 32.219655, 32.931286 ] }, { "date": "2026-01-30", "close": 30.95604, "volume": 20758074, "typical_volume": 18011913.05, "trend": 33.455367, "fair_value": 33.907862, "relative_strength": -13.973744, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.722663, "energy": 59.763996, "activity_lines": [ 31.142989, 31.631158, 32.034523, 32.76785 ] }, { "date": "2026-02-06", "close": 31.433051, "volume": 41473564, "typical_volume": 18943510.95, "trend": 33.438982, "fair_value": 33.830412, "relative_strength": -10.555266, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.416197, "energy": 41.940724, "activity_lines": [ 31.196533, 31.510814, 31.924045, 32.637378 ] }, { "date": "2026-02-13", "close": 30.310087, "volume": 24156929, "typical_volume": 19051616.15, "trend": 33.386475, "fair_value": 33.754736, "relative_strength": -12.276211, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.796394, "energy": 42.288973, "activity_lines": [ 30.870907, 31.213176, 31.737126, 32.435514 ] }, { "date": "2026-02-20", "close": 31.631806, "volume": 12606467, "typical_volume": 18354573.2, "trend": 33.308916, "fair_value": 33.701703, "relative_strength": -9.218789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.645023, "energy": 32.226038, "activity_lines": [ 31.099806, 31.224887, 31.70132, 32.322309 ] }, { "date": "2026-02-27", "close": 31.403238, "volume": 16979420, "typical_volume": 18242134.6, "trend": 33.255181, "fair_value": 33.645348, "relative_strength": -9.369923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.893627, "energy": 23.816735, "activity_lines": [ 31.219721, 31.216152, 31.654591, 32.199362 ] }, { "date": "2026-03-06", "close": 30.280274, "volume": 20875645, "typical_volume": 18409542.8, "trend": 33.082458, "fair_value": 33.61985, "relative_strength": -11.085836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.491709, "energy": 32.659935, "activity_lines": [ 30.930864, 31.025456, 31.499345, 32.007433 ] }, { "date": "2026-03-13", "close": 30.598281, "volume": 23064528, "typical_volume": 18788556.45, "trend": 32.848606, "fair_value": 33.588779, "relative_strength": -8.887853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.771545, "energy": 28.34234, "activity_lines": [ 30.793061, 30.926588, 31.382774, 31.847163 ] }, { "date": "2026-03-20", "close": 30.8666, "volume": 95084973, "typical_volume": 22765935.2, "trend": 32.655795, "fair_value": 33.537894, "relative_strength": -5.965205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.021018, "energy": 27.843435, "activity_lines": [ 30.800349, 30.89036, 31.299527, 31.719292 ] }, { "date": "2026-03-27", "close": 29.554819, "volume": 18961551, "typical_volume": 22110589.7, "trend": 32.417949, "fair_value": 33.489801, "relative_strength": -6.604202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.950641, "energy": 39.673195, "activity_lines": [ 30.333275, 30.636587, 31.096522, 31.519229 ] }, { "date": "2026-04-03", "close": 31.244234, "volume": 12393983, "typical_volume": 21993737.95, "trend": 32.209232, "fair_value": 33.469058, "relative_strength": -4.61141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.116953, "energy": 26.723194, "activity_lines": [ 30.567805, 30.718799, 31.068328, 31.443506 ] }, { "date": "2026-04-10", "close": 31.7, "volume": 16164125, "typical_volume": 21968540.35, "trend": 32.029463, "fair_value": 33.453465, "relative_strength": -7.044095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.185773, "energy": 15.060932, "activity_lines": [ 30.964858, 30.877373, 31.086634, 31.410652 ] }, { "date": "2026-04-17", "close": 35.51, "volume": 18976844, "typical_volume": 22242921.5, "trend": 31.951801, "fair_value": 33.465017, "relative_strength": -1.61559, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.524801, "energy": 23.360388, "activity_lines": [ 32.537263, 31.715148, 31.468673, 31.635203 ] }, { "date": "2026-04-24", "close": 36.75, "volume": 14997108, "typical_volume": 22257928.25, "trend": 31.989823, "fair_value": 33.472266, "relative_strength": -0.132337, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 51.038586, "energy": 57.33303, "activity_lines": [ 34.195552, 32.704251, 31.956433, 31.944764 ] }, { "date": "2026-05-01", "close": 38.67, "volume": 14667634, "typical_volume": 22246899.9, "trend": 32.148508, "fair_value": 33.514594, "relative_strength": 3.635289, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 84.170319, "energy": 85.36114, "activity_lines": [ 36.101616, 33.925355, 32.614466, 32.375743 ] }, { "date": "2026-05-08", "close": 36.96, "volume": 29613311, "typical_volume": 22537841.55, "trend": 32.344715, "fair_value": 33.560563, "relative_strength": -6.025147, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.34857, "energy": 83.551253, "activity_lines": [ 36.83, 34.707583, 33.081655, 32.686162 ] }, { "date": "2026-05-15", "close": 35.4, "volume": 16630113, "typical_volume": 22931075.45, "trend": 32.456646, "fair_value": 33.590469, "relative_strength": -9.540445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.543529, "energy": 81.24668, "activity_lines": [ 36.657333, 35.105143, 33.37963, 32.883277 ] }, { "date": "2026-05-22", "close": 35.8, "volume": 16007050, "typical_volume": 23109409.6, "trend": 32.575653, "fair_value": 33.608892, "relative_strength": -9.415663, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.94037, "energy": 73.920235, "activity_lines": [ 36.371333, 35.482344, 33.700228, 33.098978 ] }, { "date": "2026-05-29", "close": 36.13, "volume": 10177408, "typical_volume": 22764946.0, "trend": 32.714882, "fair_value": 33.599358, "relative_strength": -10.915601, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.267819, "energy": 46.884437, "activity_lines": [ 36.176, 35.824969, 34.031113, 33.32829 ] }, { "date": "2026-06-05", "close": 34.24519, "volume": 14022166, "typical_volume": 22611487.5, "trend": 32.773828, "fair_value": 33.56153, "relative_strength": -11.259625, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.098333, "energy": 29.545258, "activity_lines": [ 35.39373, 35.729202, 34.162917, 33.42702 ] }, { "date": "2026-06-12", "close": 34.712803, "volume": 13771127, "typical_volume": 22569101.0, "trend": 32.867793, "fair_value": 33.522616, "relative_strength": -11.828027, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.0699, "energy": 24.361267, "activity_lines": [ 35.062318, 35.633177, 34.32447, 33.552115 ] }, { "date": "2026-06-19", "close": 35.269959, "volume": 16707013, "typical_volume": 22366547.95, "trend": 32.980659, "fair_value": 33.493523, "relative_strength": -12.457808, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.084796, "energy": 21.093859, "activity_lines": [ 35.066438, 35.575388, 34.520864, 33.707093 ] }, { "date": "2026-06-26", "close": 36.981224, "volume": 24226423, "typical_volume": 21504190.9, "trend": 33.116315, "fair_value": 33.471625, "relative_strength": -3.789413, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.384336, "energy": 28.221883, "activity_lines": [ 35.64965, 35.76383, 34.859693, 33.965194 ] }, { "date": "2026-07-03", "close": 37.707517, "volume": 15963290, "typical_volume": 21094508.95, "trend": 33.23633, "fair_value": 33.452156, "relative_strength": -2.572257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.096748, "energy": 42.658021, "activity_lines": [ 36.39621, 36.057575, 35.241273, 34.261401 ] }, { "date": "2026-07-10", "close": 38.85, "volume": 16061412, "typical_volume": 21267256.2, "trend": 33.438231, "fair_value": 33.403749, "relative_strength": -1.25729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.815423, "energy": 62.367723, "activity_lines": [ 37.418431, 36.541635, 35.696435, 34.623573 ] }, { "date": "2026-07-17", "close": 39.15, "volume": 15332593, "typical_volume": 21184914.85, "trend": 33.655731, "fair_value": 33.377252, "relative_strength": 3.850456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.390967, "energy": 75.411802, "activity_lines": [ 38.233664, 37.076968, 36.145796, 34.992074 ] }, { "date": "2026-07-24", "close": 37.91, "volume": 10836909, "typical_volume": 20682978.05, "trend": 33.847706, "fair_value": 33.338104, "relative_strength": 2.3659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.724621, "energy": 68.913912, "activity_lines": [ 38.339751, 37.347028, 36.440173, 35.266543 ] }, { "date": "2026-07-31", "close": 39.41, "volume": 10684182, "typical_volume": 20063960.75, "trend": 34.116029, "fair_value": 33.319524, "relative_strength": 5.930423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.993905, "energy": 69.73831, "activity_lines": [ 38.769834, 37.844179, 36.841075, 35.625401 ] }, { "date": "2026-08-07", "close": 37.26, "volume": 24440736, "typical_volume": 16531748.9, "trend": 34.290716, "fair_value": 33.280169, "relative_strength": -4.347886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.838454, "energy": 42.750394, "activity_lines": [ 38.321333, 37.884785, 36.995254, 35.828238 ] } ], "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." } } }