{ "ticker": { "uuid": "ec3ba6cb-5f9c-4219-854b-b091e5c74447", "symbol": "PATH", "name": "UiPath, Inc.", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 83.939, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 63.76, "architecture_energy": 74.447, "architecture_maturity": 22.0, "architecture_confidence": 75.111, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 23.64, "rotation_up": 78.07, "upward_expansion": 65.12, "deceleration": 20.89, "rotation_down": 16.37, "downward_expansion": 23.46 }, "activity_lines": [ 225.318666, 212.233272, 201.06157, 198.627117 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 257.0, "trend_reference": 200.932999, "distance_from_trend": 0.279033, "trend_direction": "Weakening", "fair_value": 267.201795, "distance_from_fair_value": -0.03818, "fair_value_direction": "Improving", "relative_strength": 10.329452, "relative_strength_direction": "Improving", "price_momentum": 0.152466, "excess_performance": 0.207133, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.279033, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.117616, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.03818, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.292502, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.103295, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.403459, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.152466, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.917284, "read": "Supply-led" } ], "volume": { "latest": 6976, "relative_activity": 0.74904, "balance": 0.917284, "dry_up": 1.840389, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.07419, "annualized_volatility": 0.604736, "from_high_reference": -0.279769, "from_low_reference": 0.60625 }, "levels": { "trend_reference": 200.932999, "fair_value_reference": 267.201795, "structural_low": 160.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.016287, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.037777, "regime_survival": 0.0, "best_return": 0.088235, "worst_return": -0.186, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.176471, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.104971, "regime_survival": 0.0, "best_return": 0.328371, "worst_return": -0.066667, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.0, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.148956, "regime_survival": 0.0, "best_return": 0.335505, "worst_return": -0.485714, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.105863, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.209814, "regime_survival": 0.0, "best_return": 0.0, "worst_return": -0.211726, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.126132, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.096667, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.134361, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-08-01", "tenure": "Developing", "return": -0.21144, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-08", "end": "2025-10-03", "tenure": "Developing", "return": 0.19757, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": -0.101587, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.21634, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.309417, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": -0.117241, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.137397, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": 0.031818, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-07-03", "tenure": "Established", "return": 0.018785, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": 0.093051, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 261.0, "volume": 8, "typical_volume": 5296.95, "trend": 279.306334, "fair_value": 448.205162, "relative_strength": -7.332093, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.823326, "energy": 35.812928, "activity_lines": [ 270.384666, 278.912729, 284.524288, 282.466668 ] }, { "date": "2023-08-25", "close": 261.0, "volume": 0, "typical_volume": 5296.95, "trend": 278.973001, "fair_value": 446.213618, "relative_strength": -6.40633, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.837911, "energy": 59.379589, "activity_lines": [ 265.078666, 274.618364, 282.385287, 281.285614 ] }, { "date": "2023-09-01", "close": 275.0, "volume": 17927, "typical_volume": 6193.3, "trend": 279.106334, "fair_value": 444.411369, "relative_strength": -0.604702, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.860812, "energy": 59.783595, "activity_lines": [ 266.872666, 273.745091, 281.62724, 281.029292 ] }, { "date": "2023-09-08", "close": 307.0, "volume": 19104, "typical_volume": 7148.5, "trend": 280.306334, "fair_value": 442.980001, "relative_strength": 12.357927, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.58672, "energy": 15.777508, "activity_lines": [ 280.066667, 278.871454, 283.897763, 282.828883 ] }, { "date": "2023-09-15", "close": 304.0, "volume": 113, "typical_volume": 7154.15, "trend": 281.406334, "fair_value": 441.547217, "relative_strength": 13.787281, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.9296, "energy": 36.79309, "activity_lines": [ 290.4, 283.052, 285.711144, 284.357507 ] }, { "date": "2023-09-22", "close": 300.0, "volume": 34, "typical_volume": 7155.85, "trend": 282.373001, "fair_value": 440.102858, "relative_strength": 11.731778, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.745208, "energy": 48.318292, "activity_lines": [ 296.533333, 286.159454, 286.98643, 285.557098 ] }, { "date": "2023-09-29", "close": 300.0, "volume": 0, "typical_volume": 7155.85, "trend": 283.339668, "fair_value": 438.687677, "relative_strength": 13.65301, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.84641, "energy": 53.394775, "activity_lines": [ 300.066667, 289.221454, 288.12362, 286.694324 ] }, { "date": "2023-10-06", "close": 302.0, "volume": 134, "typical_volume": 7162.55, "trend": 284.373001, "fair_value": 437.3208, "relative_strength": 17.212986, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.991421, "energy": 70.919376, "activity_lines": [ 301.666667, 292.601636, 289.313191, 287.898216 ] }, { "date": "2023-10-13", "close": 293.929993, "volume": 26, "typical_volume": 5857.35, "trend": 285.137334, "fair_value": 435.90109, "relative_strength": 14.832699, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.312752, "energy": 60.545649, "activity_lines": [ 298.776664, 294.223635, 289.586571, 288.514796 ] }, { "date": "2023-10-20", "close": 296.0, "volume": 7533, "typical_volume": 5184.5, "trend": 285.970668, "fair_value": 434.52951, "relative_strength": 18.202217, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.91633, "energy": 35.194469, "activity_lines": [ 297.447998, 295.952181, 290.028857, 289.215613 ] }, { "date": "2023-10-27", "close": 291.5, "volume": 4400, "typical_volume": 4233.0, "trend": 286.654001, "fair_value": 433.140874, "relative_strength": 14.640929, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.895136, "energy": 23.630274, "activity_lines": [ 295.152665, 296.226181, 290.175905, 289.572345 ] }, { "date": "2023-11-03", "close": 300.0, "volume": 850, "typical_volume": 3607.9, "trend": 287.620668, "fair_value": 431.860673, "relative_strength": 12.006145, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.678727, "energy": 23.804266, "activity_lines": [ 296.257332, 297.49109, 291.239619, 290.433377 ] }, { "date": "2023-11-10", "close": 300.0, "volume": 0, "typical_volume": 3589.8, "trend": 288.587334, "fair_value": 430.604858, "relative_strength": 11.286761, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.739165, "energy": 28.764225, "activity_lines": [ 297.362, 298.046908, 292.346952, 291.232043 ] }, { "date": "2023-11-17", "close": 314.089996, "volume": 3251, "typical_volume": 3752.35, "trend": 290.023667, "fair_value": 429.505661, "relative_strength": 12.584134, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.166299, "energy": 57.609023, "activity_lines": [ 303.296665, 300.709999, 294.724666, 292.877376 ] }, { "date": "2023-11-24", "close": 314.089996, "volume": 0, "typical_volume": 3752.35, "trend": 291.460001, "fair_value": 428.42701, "relative_strength": 11.293986, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.157733, "energy": 72.10144, "activity_lines": [ 307.887331, 303.24418, 296.963761, 294.430043 ] }, { "date": "2023-12-01", "close": 436.0, "volume": 10743, "typical_volume": 4258.9, "trend": 296.960001, "fair_value": 428.49713, "relative_strength": 49.583426, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.765486, "energy": 98.103167, "activity_lines": [ 351.908665, 327.760362, 310.674713, 303.755204 ] }, { "date": "2023-12-08", "close": 407.809998, "volume": 913, "typical_volume": 4304.55, "trend": 301.520334, "fair_value": 428.30734, "relative_strength": 37.543825, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.354789, "energy": 98.583179, "activity_lines": [ 376.899998, 344.678362, 321.04138, 310.906817 ] }, { "date": "2023-12-15", "close": 441.0, "volume": 20809, "typical_volume": 4380.6, "trend": 307.187001, "fair_value": 428.422728, "relative_strength": 40.42805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.308924, "energy": 99.033828, "activity_lines": [ 405.767332, 365.670726, 334.043713, 319.905505 ] }, { "date": "2023-12-22", "close": 431.149994, "volume": 2519, "typical_volume": 4499.45, "trend": 311.958667, "fair_value": 428.447298, "relative_strength": 35.763053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.89343, "energy": 93.302923, "activity_lines": [ 421.951331, 382.344907, 345.369855, 327.903117 ] }, { "date": "2023-12-29", "close": 430.950012, "volume": 1893, "typical_volume": 4512.85, "trend": 315.523667, "fair_value": 428.469643, "relative_strength": 34.569629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.789005, "energy": 89.712636, "activity_lines": [ 430.264669, 396.487818, 355.952857, 335.579978 ] }, { "date": "2024-01-05", "close": 438.720001, "volume": 100, "typical_volume": 4517.45, "trend": 319.681001, "fair_value": 428.560354, "relative_strength": 38.618467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.11498, "energy": 89.593187, "activity_lines": [ 433.377336, 409.589819, 366.466571, 343.528129 ] }, { "date": "2024-01-12", "close": 438.720001, "volume": 0, "typical_volume": 4517.45, "trend": 323.999667, "fair_value": 428.649474, "relative_strength": 38.68037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.706026, "energy": 70.035341, "activity_lines": [ 436.308669, 420.015092, 376.134, 351.208064 ] }, { "date": "2024-01-19", "close": 373.940002, "volume": 212, "typical_volume": 3631.7, "trend": 326.965, "fair_value": 428.173739, "relative_strength": 17.786771, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.282748, "energy": 60.334156, "activity_lines": [ 415.586002, 416.140001, 378.785619, 354.430021 ] }, { "date": "2024-01-26", "close": 392.0, "volume": 2050, "typical_volume": 2779.0, "trend": 330.532333, "fair_value": 427.861897, "relative_strength": 19.644328, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.493222, "energy": 49.243467, "activity_lines": [ 405.354002, 414.204183, 382.686095, 358.625828 ] }, { "date": "2024-02-02", "close": 402.119995, "volume": 20100, "typical_volume": 3778.35, "trend": 334.436999, "fair_value": 427.641881, "relative_strength": 19.091488, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.314758, "energy": 35.490063, "activity_lines": [ 401.105332, 412.691818, 387.145619, 363.244387 ] }, { "date": "2024-02-09", "close": 459.98999, "volume": 18010, "typical_volume": 4677.15, "trend": 339.853332, "fair_value": 427.916017, "relative_strength": 37.067088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.610384, "energy": 43.743947, "activity_lines": [ 418.068662, 420.100726, 396.649332, 371.34458 ] }, { "date": "2024-02-16", "close": 426.0, "volume": 3862, "typical_volume": 4870.25, "trend": 344.136666, "fair_value": 427.899916, "relative_strength": 26.369039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.076061, "energy": 44.617481, "activity_lines": [ 422.283996, 420.893453, 402.154047, 376.902429 ] }, { "date": "2024-02-23", "close": 406.0, "volume": 16904, "typical_volume": 5708.75, "trend": 348.136666, "fair_value": 427.717417, "relative_strength": 20.645136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.835549, "energy": 41.174131, "activity_lines": [ 420.680664, 417.719089, 405.153999, 380.893612 ] }, { "date": "2024-03-01", "close": 403.230011, "volume": 9961, "typical_volume": 6205.5, "trend": 352.274666, "fair_value": 427.515042, "relative_strength": 21.35832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.324009, "energy": 43.170971, "activity_lines": [ 416.016669, 414.677455, 407.394905, 384.448021 ] }, { "date": "2024-03-08", "close": 410.0, "volume": 3868, "typical_volume": 6022.25, "trend": 357.241333, "fair_value": 427.371476, "relative_strength": 23.816942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.245919, "energy": 27.186663, "activity_lines": [ 412.860669, 413.374364, 409.760095, 388.172236 ] }, { "date": "2024-03-15", "close": 378.0, "volume": 29498, "typical_volume": 7277.15, "trend": 361.141333, "fair_value": 426.970082, "relative_strength": 10.996909, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.635119, "energy": 14.344193, "activity_lines": [ 398.512669, 406.634, 408.53481, 389.511505 ] }, { "date": "2024-03-22", "close": 384.0, "volume": 4577, "typical_volume": 7463.5, "trend": 365.241333, "fair_value": 426.623549, "relative_strength": 11.41467, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.105953, "energy": 15.415558, "activity_lines": [ 391.630668, 402.088546, 407.469048, 390.986258 ] }, { "date": "2024-03-29", "close": 374.5, "volume": 186, "typical_volume": 7472.8, "trend": 368.558, "fair_value": 426.20656, "relative_strength": 6.715976, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.132019, "energy": 18.819606, "activity_lines": [ 384.382001, 396.810728, 405.098524, 391.583591 ] }, { "date": "2024-04-05", "close": 348.019989, "volume": 1753, "typical_volume": 7397.9, "trend": 369.925333, "fair_value": 425.586032, "relative_strength": -2.348673, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -19.716221, "energy": 33.821606, "activity_lines": [ 370.406663, 386.70818, 399.851333, 390.258558 ] }, { "date": "2024-04-12", "close": 336.01001, "volume": 97, "typical_volume": 7402.75, "trend": 370.992333, "fair_value": 424.880709, "relative_strength": -3.465951, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.15507, "energy": 58.002358, "activity_lines": [ 356.108667, 375.221637, 393.298762, 388.070473 ] }, { "date": "2024-04-19", "close": 319.0, "volume": 103, "typical_volume": 6870.75, "trend": 371.625666, "fair_value": 424.053516, "relative_strength": -7.404325, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.052268, "energy": 71.66298, "activity_lines": [ 341.073334, 361.844364, 385.02181, 384.716129 ] }, { "date": "2024-04-26", "close": 335.0, "volume": 1287, "typical_volume": 6889.45, "trend": 372.792333, "fair_value": 423.363179, "relative_strength": -6.329883, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.081254, "energy": 71.438128, "activity_lines": [ 335.304667, 353.939637, 378.82581, 382.353183 ] }, { "date": "2024-05-03", "close": 322.410004, "volume": 49, "typical_volume": 5851.45, "trend": 373.472666, "fair_value": 422.586616, "relative_strength": -8.948992, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.749348, "energy": 75.019231, "activity_lines": [ 328.606002, 345.400365, 371.777477, 379.10271 ] }, { "date": "2024-05-10", "close": 337.48999, "volume": 50, "typical_volume": 5728.0, "trend": 374.924666, "fair_value": 421.937023, "relative_strength": -5.919835, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.495863, "energy": 72.053602, "activity_lines": [ 330.406665, 341.122726, 366.730047, 376.781247 ] }, { "date": "2024-05-17", "close": 339.0, "volume": 5249, "typical_volume": 5895.8, "trend": 376.358, "fair_value": 421.308712, "relative_strength": -5.539289, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.988123, "energy": 75.355422, "activity_lines": [ 333.412665, 338.314908, 362.272428, 374.463527 ] }, { "date": "2024-05-24", "close": 317.01001, "volume": 100, "typical_volume": 5895.8, "trend": 377.208333, "fair_value": 420.524512, "relative_strength": -8.317932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.733908, "energy": 79.364335, "activity_lines": [ 328.889335, 332.799819, 356.158381, 370.634624 ] }, { "date": "2024-05-31", "close": 205.5, "volume": 10439, "typical_volume": 6417.75, "trend": 374.058333, "fair_value": 418.919851, "relative_strength": -39.877987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.471549, "energy": 94.293043, "activity_lines": [ 287.328668, 308.119092, 340.003905, 359.556667 ] }, { "date": "2024-06-07", "close": 221.0, "volume": 4431, "typical_volume": 6628.7, "trend": 371.425, "fair_value": 417.453778, "relative_strength": -32.322107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.414887, "energy": 96.127229, "activity_lines": [ 259.568001, 289.502001, 326.436191, 349.681936 ] }, { "date": "2024-06-14", "close": 217.589996, "volume": 3584, "typical_volume": 6705.4, "trend": 368.208333, "fair_value": 415.984191, "relative_strength": -32.092238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.108124, "energy": 94.291639, "activity_lines": [ 237.431333, 273.055818, 313.272, 339.757097 ] }, { "date": "2024-06-21", "close": 214.869995, "volume": 2916, "typical_volume": 5846.2, "trend": 364.901, "fair_value": 414.516205, "relative_strength": -33.394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.736741, "energy": 91.441275, "activity_lines": [ 222.381331, 258.486544, 300.679285, 329.864301 ] }, { "date": "2024-06-28", "close": 232.0, "volume": 938, "typical_volume": 4992.6, "trend": 358.101, "fair_value": 413.193623, "relative_strength": -27.400469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.491919, "energy": 88.463416, "activity_lines": [ 221.316665, 249.234363, 290.609666, 321.290043 ] }, { "date": "2024-07-05", "close": 239.0, "volume": 160, "typical_volume": 4807.5, "trend": 352.474, "fair_value": 411.940432, "relative_strength": -24.88661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.866323, "energy": 77.136462, "activity_lines": [ 228.252665, 242.836726, 282.292381, 313.606107 ] }, { "date": "2024-07-12", "close": 224.0, "volume": 505, "typical_volume": 3987.55, "trend": 345.240667, "fair_value": 410.598, "relative_strength": -32.646902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.970803, "energy": 67.073102, "activity_lines": [ 227.955332, 235.457272, 273.437, 305.317462 ] }, { "date": "2024-07-19", "close": 217.899994, "volume": 655, "typical_volume": 3522.25, "trend": 338.132333, "fair_value": 409.231348, "relative_strength": -32.608303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.535798, "energy": 66.120034, "activity_lines": [ 225.424664, 228.757998, 264.867332, 297.101935 ] }, { "date": "2024-07-26", "close": 232.190002, "volume": 205, "typical_volume": 3339.1, "trend": 331.507, "fair_value": 407.984578, "relative_strength": -26.831892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.95785, "energy": 57.909349, "activity_lines": [ 227.636666, 226.831272, 258.541142, 290.266946 ] }, { "date": "2024-08-02", "close": 215.0, "volume": 841, "typical_volume": 1906.25, "trend": 324.049666, "fair_value": 406.635035, "relative_strength": -31.268466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.919511, "energy": 64.541853, "activity_lines": [ 222.963999, 223.72109, 251.424523, 282.750365 ] }, { "date": "2024-08-09", "close": 207.419998, "volume": 648, "typical_volume": 1709.8, "trend": 316.339666, "fair_value": 405.251597, "relative_strength": -34.494235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.781342, "energy": 65.584132, "activity_lines": [ 216.897999, 221.087453, 244.36219, 275.22587 ] }, { "date": "2024-08-16", "close": 219.850006, "volume": 665, "typical_volume": 1733.75, "trend": 311.203333, "fair_value": 403.972966, "relative_strength": -31.708684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.131792, "energy": 58.511783, "activity_lines": [ 217.080668, 220.678909, 239.324524, 269.000731 ] }, { "date": "2024-08-23", "close": 239.990005, "volume": 97, "typical_volume": 1650.95, "trend": 306.136333, "fair_value": 402.849795, "relative_strength": -24.523951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.363404, "energy": 46.678128, "activity_lines": [ 224.253336, 223.953092, 236.941381, 264.406323 ] }, { "date": "2024-08-30", "close": 248.050003, "volume": 423, "typical_volume": 1667.25, "trend": 301.000667, "fair_value": 401.796735, "relative_strength": -21.013456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.589664, "energy": 42.783812, "activity_lines": [ 232.640003, 228.285456, 235.840286, 260.658818 ] }, { "date": "2024-09-06", "close": 242.0, "volume": 119, "typical_volume": 1668.05, "trend": 293.734334, "fair_value": 400.717027, "relative_strength": -19.891243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.950915, "energy": 28.649872, "activity_lines": [ 237.952669, 230.914547, 234.581858, 256.852323 ] }, { "date": "2024-09-13", "close": 240.0, "volume": 416, "typical_volume": 1624.5, "trend": 287.534334, "fair_value": 399.63839, "relative_strength": -21.646129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.897847, "energy": 29.256058, "activity_lines": [ 240.798668, 232.998183, 233.49962, 253.385592 ] }, { "date": "2024-09-20", "close": 241.0, "volume": 98, "typical_volume": 1626.95, "trend": 282.034334, "fair_value": 398.5808, "relative_strength": -21.276099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.070024, "energy": 21.542289, "activity_lines": [ 241.806001, 235.245456, 232.965001, 250.383377 ] }, { "date": "2024-09-27", "close": 254.0, "volume": 414, "typical_volume": 1645.15, "trend": 277.06, "fair_value": 397.623312, "relative_strength": -17.660784, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.264937, "energy": 14.992693, "activity_lines": [ 245.736667, 239.547274, 234.056143, 248.57471 ] }, { "date": "2024-10-04", "close": 240.0, "volume": 104, "typical_volume": 1387.9, "trend": 271.393333, "fair_value": 396.586316, "relative_strength": -21.558323, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.179728, "energy": 13.425169, "activity_lines": [ 244.066667, 240.647274, 234.211524, 246.183742 ] }, { "date": "2024-10-11", "close": 246.0, "volume": 298, "typical_volume": 1397.8, "trend": 266.993333, "fair_value": 395.602092, "relative_strength": -18.93149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.657603, "energy": 11.528258, "activity_lines": [ 244.933333, 242.696182, 235.409762, 244.545463 ] }, { "date": "2024-10-18", "close": 252.009995, "volume": 215, "typical_volume": 886.6, "trend": 262.593667, "fair_value": 394.669676, "relative_strength": -17.562876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.962496, "energy": 12.561748, "activity_lines": [ 247.536665, 245.274181, 237.518524, 243.578796 ] }, { "date": "2024-10-25", "close": 247.009995, "volume": 927, "typical_volume": 711.4, "trend": 258.344, "fair_value": 393.717032, "relative_strength": -16.931226, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.057968, "energy": 10.225855, "activity_lines": [ 247.672664, 246.132362, 238.929619, 242.573398 ] }, { "date": "2024-11-01", "close": 249.0, "volume": 4955, "typical_volume": 779.95, "trend": 255.043333, "fair_value": 392.789359, "relative_strength": -14.071463, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.033565, "energy": 10.563733, "activity_lines": [ 248.071331, 246.858544, 240.406381, 241.970559 ] }, { "date": "2024-11-08", "close": 266.700012, "volume": 458, "typical_volume": 657.05, "trend": 252.733, "fair_value": 386.902821, "relative_strength": -9.919566, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.261366, "energy": 34.852713, "activity_lines": [ 254.703336, 250.639092, 243.419286, 242.722603 ] }, { "date": "2024-11-15", "close": 255.0, "volume": 298, "typical_volume": 625.05, "trend": 250.599667, "fair_value": 381.223334, "relative_strength": -11.251836, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.090389, "energy": 28.066979, "activity_lines": [ 255.655336, 251.953274, 245.071096, 242.868861 ] }, { "date": "2024-11-22", "close": 294.0, "volume": 6010, "typical_volume": 917.55, "trend": 249.233, "fair_value": 376.301731, "relative_strength": 2.437041, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.954917, "energy": 65.02439, "activity_lines": [ 269.007335, 260.122001, 250.327667, 245.668882 ] }, { "date": "2024-11-29", "close": 289.5, "volume": 11140, "typical_volume": 1449.3, "trend": 248.136, "fair_value": 371.202372, "relative_strength": 2.911132, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.585905, "energy": 81.573993, "activity_lines": [ 278.060002, 266.490728, 254.893763, 248.266753 ] }, { "date": "2024-12-06", "close": 300.0, "volume": 23620, "typical_volume": 2597.55, "trend": 246.886334, "fair_value": 366.586987, "relative_strength": 4.039652, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.102771, "energy": 85.694176, "activity_lines": [ 287.780001, 273.886728, 260.147953, 251.612818 ] }, { "date": "2024-12-13", "close": 277.5, "volume": 408, "typical_volume": 2607.7, "trend": 244.836334, "fair_value": 361.827372, "relative_strength": -3.493999, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.544568, "energy": 74.953456, "activity_lines": [ 286.6, 276.355455, 262.868334, 253.587893 ] }, { "date": "2024-12-20", "close": 263.0, "volume": 526, "typical_volume": 2591.95, "trend": 243.036, "fair_value": 356.974808, "relative_strength": -4.050777, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.601931, "energy": 43.901962, "activity_lines": [ 279.866667, 275.506001, 263.992, 254.759742 ] }, { "date": "2024-12-27", "close": 263.0, "volume": 117, "typical_volume": 2565.4, "trend": 244.952667, "fair_value": 352.891474, "relative_strength": -2.739726, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.201778, "energy": 29.13765, "activity_lines": [ 272.6, 274.347455, 264.887096, 256.047742 ] }, { "date": "2025-01-03", "close": 268.0, "volume": 106, "typical_volume": 2537.45, "trend": 246.519333, "fair_value": 348.840192, "relative_strength": 0.607009, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.906978, "energy": 21.803413, "activity_lines": [ 269.066667, 273.898182, 265.993715, 257.534667 ] }, { "date": "2025-01-10", "close": 269.0, "volume": 709, "typical_volume": 2568.05, "trend": 248.233, "fair_value": 344.795321, "relative_strength": 0.556802, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.952327, "energy": 21.532949, "activity_lines": [ 267.3, 273.249091, 266.966286, 258.985033 ] }, { "date": "2025-01-17", "close": 278.0, "volume": 860, "typical_volume": 2589.9, "trend": 250.337334, "fair_value": 340.808141, "relative_strength": 3.639818, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.002112, "energy": 19.098188, "activity_lines": [ 270.6, 273.872727, 268.657857, 260.905484 ] }, { "date": "2025-01-24", "close": 280.0, "volume": 594, "typical_volume": 2613.65, "trend": 251.937334, "fair_value": 336.833782, "relative_strength": 2.033537, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.197148, "energy": 26.379431, "activity_lines": [ 274.533333, 274.654545, 270.397286, 262.819205 ] }, { "date": "2025-01-31", "close": 290.0, "volume": 1219, "typical_volume": 2653.8, "trend": 253.637334, "fair_value": 332.923526, "relative_strength": 6.458838, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.922403, "energy": 38.705354, "activity_lines": [ 280.666667, 276.8, 272.908143, 265.274861 ] }, { "date": "2025-02-07", "close": 296.109985, "volume": 98, "typical_volume": 2653.8, "trend": 256.041, "fair_value": 329.052436, "relative_strength": 6.32128, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.758494, "energy": 57.585637, "activity_lines": [ 287.036662, 280.129088, 275.762808, 268.015032 ] }, { "date": "2025-02-14", "close": 300.0, "volume": 486, "typical_volume": 2657.4, "trend": 258.777667, "fair_value": 325.206282, "relative_strength": 5.945412, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.767003, "energy": 67.805118, "activity_lines": [ 292.829329, 284.04527, 278.725523, 270.851096 ] }, { "date": "2025-02-21", "close": 273.0, "volume": 341, "typical_volume": 2669.25, "trend": 260.138, "fair_value": 321.187051, "relative_strength": -2.232338, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.147062, "energy": 53.443744, "activity_lines": [ 287.55533, 283.052361, 278.897761, 271.768666 ] }, { "date": "2025-02-28", "close": 250.0, "volume": 1247, "typical_volume": 2716.7, "trend": 261.304667, "fair_value": 317.020385, "relative_strength": -7.198694, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.919731, "energy": 9.716691, "activity_lines": [ 274.947998, 277.959453, 276.72238, 271.114601 ] }, { "date": "2025-03-07", "close": 250.610001, "volume": 1281, "typical_volume": 2770.0, "trend": 262.744333, "fair_value": 312.857628, "relative_strength": -6.931295, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.010112, "energy": 17.94497, "activity_lines": [ 264.543999, 273.213817, 274.586047, 270.424623 ] }, { "date": "2025-03-14", "close": 219.0, "volume": 6905, "typical_volume": 3068.9, "trend": 262.716, "fair_value": 308.492244, "relative_strength": -17.324068, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.202393, "energy": 54.090823, "activity_lines": [ 246.229334, 262.946181, 269.445904, 267.602408 ] }, { "date": "2025-03-21", "close": 228.0, "volume": 2369, "typical_volume": 2939.6, "trend": 262.316333, "fair_value": 305.921731, "relative_strength": -13.424163, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.563122, "energy": 73.764763, "activity_lines": [ 236.055334, 255.205817, 265.296285, 265.362666 ] }, { "date": "2025-03-28", "close": 224.800003, "volume": 95, "typical_volume": 2921.45, "trend": 261.541333, "fair_value": 304.44609, "relative_strength": -14.688035, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.674511, "energy": 76.629095, "activity_lines": [ 229.614668, 247.629091, 260.941904, 262.942258 ] }, { "date": "2025-04-04", "close": 205.960007, "volume": 1059, "typical_volume": 2959.5, "trend": 260.34, "fair_value": 303.207244, "relative_strength": -18.596651, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.560916, "energy": 92.606313, "activity_lines": [ 220.107337, 237.594183, 254.992762, 259.356366 ] }, { "date": "2025-04-11", "close": 227.0, "volume": 788, "typical_volume": 2698.4, "trend": 259.906667, "fair_value": 302.040577, "relative_strength": -9.82087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.674081, "energy": 81.180606, "activity_lines": [ 220.549336, 232.73091, 251.280953, 257.205398 ] }, { "date": "2025-04-18", "close": 212.0, "volume": 5, "typical_volume": 2141.65, "trend": 258.94, "fair_value": 300.899551, "relative_strength": -17.639154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.503535, "energy": 75.400876, "activity_lines": [ 217.565335, 226.28582, 246.459619, 254.114645 ] }, { "date": "2025-04-25", "close": 230.0, "volume": 244, "typical_volume": 972.85, "trend": 258.14, "fair_value": 299.87391, "relative_strength": -15.898674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.190584, "energy": 54.6812, "activity_lines": [ 221.048001, 224.642729, 243.721619, 252.247548 ] }, { "date": "2025-05-02", "close": 231.520004, "volume": 10, "typical_volume": 952.95, "trend": 257.857333, "fair_value": 298.915705, "relative_strength": -13.449408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.484588, "energy": 42.044419, "activity_lines": [ 224.904002, 224.548729, 241.461715, 250.530129 ] }, { "date": "2025-05-09", "close": 238.0, "volume": 287, "typical_volume": 941.0, "trend": 257.590667, "fair_value": 297.999039, "relative_strength": -11.60877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.602161, "energy": 33.958872, "activity_lines": [ 230.472001, 226.387092, 240.037905, 249.249011 ] }, { "date": "2025-05-16", "close": 255.0, "volume": 676, "typical_volume": 968.95, "trend": 257.690334, "fair_value": 297.191346, "relative_strength": -7.081281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.009915, "energy": 23.977235, "activity_lines": [ 239.570667, 231.534547, 240.352191, 249.081871 ] }, { "date": "2025-05-23", "close": 227.0, "volume": 15, "typical_volume": 964.4, "trend": 257.023334, "fair_value": 296.204167, "relative_strength": -17.266725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.351505, "energy": 26.828049, "activity_lines": [ 237.469334, 231.511274, 238.037905, 247.10185 ] }, { "date": "2025-05-30", "close": 257.5, "volume": 3835, "typical_volume": 1120.7, "trend": 257.306667, "fair_value": 295.4125, "relative_strength": -5.509341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.265895, "energy": 17.879129, "activity_lines": [ 244.534667, 236.888001, 238.82362, 247.132602 ] }, { "date": "2025-06-06", "close": 264.329987, "volume": 3135, "typical_volume": 1234.45, "trend": 257.227666, "fair_value": 294.446667, "relative_strength": -3.52015, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.327971, "energy": 20.104324, "activity_lines": [ 252.043329, 242.97018, 240.314571, 247.58572 ] }, { "date": "2025-06-13", "close": 236.0, "volume": 30, "typical_volume": 1206.25, "trend": 256.594333, "fair_value": 293.299231, "relative_strength": -12.905947, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.006188, "energy": 15.580026, "activity_lines": [ 247.92133, 243.182725, 239.172523, 246.216193 ] }, { "date": "2025-06-20", "close": 230.0, "volume": 198, "typical_volume": 1155.2, "trend": 254.461, "fair_value": 292.004359, "relative_strength": -13.355468, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.601917, "energy": 16.531492, "activity_lines": [ 241.932664, 241.75818, 237.668571, 244.50043 ] }, { "date": "2025-06-27", "close": 238.279999, "volume": 17, "typical_volume": 1151.15, "trend": 252.753666, "fair_value": 290.762564, "relative_strength": -11.900907, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.503193, "energy": 14.64953, "activity_lines": [ 240.370665, 241.784544, 237.238904, 243.456494 ] }, { "date": "2025-07-04", "close": 249.300003, "volume": 194, "typical_volume": 1136.55, "trend": 251.063666, "fair_value": 289.59141, "relative_strength": -8.659006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.392851, "energy": 15.848018, "activity_lines": [ 241.73, 243.336726, 238.134143, 243.233677 ] }, { "date": "2025-07-11", "close": 240.0, "volume": 211, "typical_volume": 1130.05, "trend": 249.813666, "fair_value": 288.360641, "relative_strength": -9.976354, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.192277, "energy": 17.140356, "activity_lines": [ 240.536001, 242.84709, 238.385095, 242.519892 ] }, { "date": "2025-07-18", "close": 235.0, "volume": 233, "typical_volume": 1079.35, "trend": 248.880333, "fair_value": 287.097821, "relative_strength": -11.392487, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.976036, "energy": 16.203532, "activity_lines": [ 239.297334, 241.294181, 238.317, 241.564172 ] }, { "date": "2025-07-25", "close": 227.389999, "volume": 566, "typical_volume": 1043.6, "trend": 247.693333, "fair_value": 286.068269, "relative_strength": -15.684257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.347001, "energy": 23.230183, "activity_lines": [ 235.588667, 238.412181, 237.595571, 240.177699 ] }, { "date": "2025-08-01", "close": 208.440002, "volume": 1230, "typical_volume": 759.85, "trend": 245.708, "fair_value": 284.917244, "relative_strength": -21.992028, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.366548, "energy": 57.749303, "activity_lines": [ 225.737334, 232.586727, 235.179952, 237.645226 ] }, { "date": "2025-08-08", "close": 197.5, "volume": 599, "typical_volume": 671.35, "trend": 243.324666, "fair_value": 283.373654, "relative_strength": -27.424436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.507024, "energy": 73.962213, "activity_lines": [ 214.228667, 225.109637, 231.772714, 234.535032 ] }, { "date": "2025-08-15", "close": 202.320007, "volume": 894, "typical_volume": 711.3, "trend": 240.802, "fair_value": 282.362885, "relative_strength": -25.790851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.914346, "energy": 78.068026, "activity_lines": [ 207.780003, 219.59982, 228.969762, 231.88957 ] }, { "date": "2025-08-22", "close": 204.0, "volume": 940, "typical_volume": 705.35, "trend": 238.268667, "fair_value": 281.362885, "relative_strength": -26.000793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.877271, "energy": 79.754154, "activity_lines": [ 204.403335, 215.522911, 226.433858, 229.515248 ] }, { "date": "2025-08-29", "close": 207.5, "volume": 1380, "typical_volume": 734.95, "trend": 235.518667, "fair_value": 280.60968, "relative_strength": -23.705279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.743682, "energy": 81.923567, "activity_lines": [ 204.260002, 212.664183, 224.240619, 227.530172 ] }, { "date": "2025-09-05", "close": 214.779999, "volume": 10587, "typical_volume": 1264.05, "trend": 232.807667, "fair_value": 280.191603, "relative_strength": -22.961574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.964549, "energy": 68.298748, "activity_lines": [ 207.869334, 211.538183, 222.833572, 226.192194 ] }, { "date": "2025-09-12", "close": 211.0, "volume": 2920, "typical_volume": 1397.85, "trend": 229.841, "fair_value": 279.749295, "relative_strength": -25.560421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.435358, "energy": 47.524256, "activity_lines": [ 209.796, 210.152183, 221.053286, 224.785248 ] }, { "date": "2025-09-19", "close": 219.0, "volume": 715, "typical_volume": 1433.1, "trend": 228.041, "fair_value": 279.358269, "relative_strength": -21.640831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.639665, "energy": 30.949816, "activity_lines": [ 213.489333, 210.917091, 220.125381, 224.085828 ] }, { "date": "2025-09-26", "close": 225.899994, "volume": 570, "typical_volume": 1447.25, "trend": 227.237667, "fair_value": 279.011475, "relative_strength": -20.208939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.083253, "energy": 22.517261, "activity_lines": [ 218.370665, 213.318363, 219.914238, 223.947699 ] }, { "date": "2025-10-03", "close": 236.520004, "volume": 3297, "typical_volume": 1578.3, "trend": 226.768, "fair_value": 278.732757, "relative_strength": -15.756942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.808478, "energy": 16.238916, "activity_lines": [ 225.332, 217.816, 220.772143, 224.546559 ] }, { "date": "2025-10-10", "close": 315.0, "volume": 14502, "typical_volume": 2302.65, "trend": 229.968, "fair_value": 278.957116, "relative_strength": 14.571916, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 63.231384, "energy": 54.603077, "activity_lines": [ 256.518667, 236.416727, 229.192333, 230.238946 ] }, { "date": "2025-10-17", "close": 283.0, "volume": 3987, "typical_volume": 2310.25, "trend": 231.801334, "fair_value": 278.976346, "relative_strength": 1.04639, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.989759, "energy": 76.762462, "activity_lines": [ 270.357333, 247.261818, 234.145857, 233.660366 ] }, { "date": "2025-10-24", "close": 306.0, "volume": 9502, "typical_volume": 2628.6, "trend": 234.508, "fair_value": 279.143013, "relative_strength": 10.218391, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.485042, "energy": 89.459931, "activity_lines": [ 287.062667, 260.734182, 241.168429, 238.447376 ] }, { "date": "2025-10-31", "close": 295.929993, "volume": 9718, "typical_volume": 3113.0, "trend": 237.507, "fair_value": 279.674616, "relative_strength": 3.92388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.034829, "energy": 85.84369, "activity_lines": [ 294.611331, 270.490544, 247.033523, 242.410086 ] }, { "date": "2025-11-07", "close": 256.410004, "volume": 6145, "typical_volume": 3410.35, "trend": 238.487333, "fair_value": 279.96891, "relative_strength": -10.399836, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.524761, "energy": 61.373962, "activity_lines": [ 284.317999, 271.389999, 248.849428, 243.629634 ] }, { "date": "2025-11-14", "close": 255.0, "volume": 733, "typical_volume": 3446.15, "trend": 239.920667, "fair_value": 280.254167, "relative_strength": -9.022516, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.462918, "energy": 41.425828, "activity_lines": [ 272.228666, 271.143818, 250.405286, 244.694968 ] }, { "date": "2025-11-21", "close": 239.800003, "volume": 3398, "typical_volume": 3606.35, "trend": 240.247333, "fair_value": 280.441987, "relative_strength": -13.095064, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.253872, "energy": 19.663089, "activity_lines": [ 259.072668, 267.402728, 250.433905, 244.687183 ] }, { "date": "2025-11-28", "close": 250.600006, "volume": 1213, "typical_volume": 3656.45, "trend": 240.883333, "fair_value": 280.699039, "relative_strength": -10.917723, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.533338, "energy": 25.451213, "activity_lines": [ 252.39667, 265.101638, 251.536334, 245.355097 ] }, { "date": "2025-12-05", "close": 337.0, "volume": 11019, "typical_volume": 4195.75, "trend": 244.183333, "fair_value": 281.163782, "relative_strength": 20.483421, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.357272, "energy": 36.675472, "activity_lines": [ 278.214002, 277.935092, 260.816858, 251.556172 ] }, { "date": "2025-12-12", "close": 328.140015, "volume": 1960, "typical_volume": 4265.45, "trend": 246.621334, "fair_value": 281.571731, "relative_strength": 15.05079, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 71.146587, "energy": 53.299277, "activity_lines": [ 298.340007, 287.13764, 268.767859, 256.972733 ] }, { "date": "2025-12-19", "close": 290.0, "volume": 8806, "typical_volume": 4644.25, "trend": 248.721334, "fair_value": 281.735193, "relative_strength": 3.209577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.972508, "energy": 54.672357, "activity_lines": [ 300.970672, 287.739822, 272.606716, 259.771356 ] }, { "date": "2025-12-26", "close": 300.25, "volume": 1210, "typical_volume": 4674.8, "trend": 250.146334, "fair_value": 281.964359, "relative_strength": 4.48795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.897677, "energy": 60.279492, "activity_lines": [ 304.68467, 290.660185, 277.033383, 263.095786 ] }, { "date": "2026-01-02", "close": 284.839996, "volume": 2603, "typical_volume": 4760.25, "trend": 250.830001, "fair_value": 282.094744, "relative_strength": 1.898147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.100808, "energy": 43.44488, "activity_lines": [ 299.232001, 290.465093, 279.503144, 265.334087 ] }, { "date": "2026-01-09", "close": 294.0, "volume": 5238, "typical_volume": 4975.15, "trend": 252.763334, "fair_value": 282.283846, "relative_strength": 2.556812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.854836, "energy": 30.12533, "activity_lines": [ 294.55, 292.320183, 282.452335, 268.119248 ] }, { "date": "2026-01-16", "close": 256.0, "volume": 4478, "typical_volume": 5130.05, "trend": 253.630001, "fair_value": 282.241539, "relative_strength": -11.445038, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.546939, "energy": 13.727514, "activity_lines": [ 280.067999, 287.301274, 281.353906, 268.328065 ] }, { "date": "2026-01-23", "close": 258.519989, "volume": 22702, "typical_volume": 5735.8, "trend": 254.304667, "fair_value": 282.161539, "relative_strength": -11.297424, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.02087, "energy": 16.199706, "activity_lines": [ 271.235329, 282.747999, 280.264524, 268.643549 ] }, { "date": "2026-01-30", "close": 219.600006, "volume": 4829, "typical_volume": 5831.25, "trend": 253.314667, "fair_value": 281.832051, "relative_strength": -23.152074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.584428, "energy": 32.028567, "activity_lines": [ 251.527999, 271.054363, 275.260191, 266.404538 ] }, { "date": "2026-02-06", "close": 223.0, "volume": 3026, "typical_volume": 5946.8, "trend": 252.748001, "fair_value": 281.524359, "relative_strength": -24.658504, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.673104, "energy": 47.119042, "activity_lines": [ 238.330666, 260.346181, 270.538715, 264.448753 ] }, { "date": "2026-02-13", "close": 198.0, "volume": 3835, "typical_volume": 6110.05, "trend": 251.514667, "fair_value": 281.05641, "relative_strength": -32.873426, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.26563, "energy": 63.804466, "activity_lines": [ 220.922666, 245.594363, 263.417239, 260.916624 ] }, { "date": "2026-02-20", "close": 185.0, "volume": 507, "typical_volume": 5970.55, "trend": 250.101667, "fair_value": 280.505128, "relative_strength": -36.506726, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.982907, "energy": 74.148907, "activity_lines": [ 205.581333, 231.006181, 255.190524, 256.625355 ] }, { "date": "2026-02-27", "close": 184.5, "volume": 10467, "typical_volume": 5768.8, "trend": 249.303667, "fair_value": 279.950641, "relative_strength": -35.988895, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.570976, "energy": 72.726532, "activity_lines": [ 194.806667, 218.929636, 247.161524, 252.39299 ] }, { "date": "2026-03-06", "close": 204.300003, "volume": 6154, "typical_volume": 5877.15, "trend": 249.530334, "fair_value": 279.523077, "relative_strength": -24.193498, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.602414, "energy": 80.799352, "activity_lines": [ 195.566668, 212.371273, 241.639667, 249.489527 ] }, { "date": "2026-03-13", "close": 201.759995, "volume": 8146, "typical_volume": 5809.35, "trend": 249.511667, "fair_value": 279.079231, "relative_strength": -22.830232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.329612, "energy": 74.778475, "activity_lines": [ 196.499999, 207.095636, 236.250667, 246.40757 ] }, { "date": "2026-03-20", "close": 218.0, "volume": 2530, "typical_volume": 5449.95, "trend": 249.978334, "fair_value": 278.739487, "relative_strength": -14.265528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.107663, "energy": 49.233032, "activity_lines": [ 204.262666, 206.283272, 232.904714, 244.374559 ] }, { "date": "2026-03-27", "close": 192.699997, "volume": 1932, "typical_volume": 5239.3, "trend": 249.485, "fair_value": 278.237564, "relative_strength": -26.638219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.260356, "energy": 43.327449, "activity_lines": [ 202.258665, 202.252726, 227.520333, 240.679183 ] }, { "date": "2026-04-03", "close": 196.649994, "volume": 823, "typical_volume": 5243.8, "trend": 248.880667, "fair_value": 277.760962, "relative_strength": -27.958552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.938504, "energy": 41.501214, "activity_lines": [ 201.057997, 200.091271, 222.815523, 237.270473 ] }, { "date": "2026-04-10", "close": 162.0, "volume": 6130, "typical_volume": 5380.4, "trend": 247.247333, "fair_value": 277.062244, "relative_strength": -40.310856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.38505, "energy": 58.548886, "activity_lines": [ 187.497331, 192.754726, 215.08857, 231.665268 ] }, { "date": "2026-04-17", "close": 178.25, "volume": 5673, "typical_volume": 5603.4, "trend": 245.889, "fair_value": 276.467692, "relative_strength": -33.661919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.160944, "energy": 69.493625, "activity_lines": [ 182.173332, 189.419999, 209.279713, 227.213828 ] }, { "date": "2026-04-24", "close": 183.259995, "volume": 4299, "typical_volume": 5267.4, "trend": 244.467667, "fair_value": 275.905257, "relative_strength": -30.723426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.189536, "energy": 69.270069, "activity_lines": [ 180.086664, 187.809816, 204.292522, 223.173247 ] }, { "date": "2026-05-01", "close": 179.0, "volume": 4304, "typical_volume": 5384.6, "trend": 242.550333, "fair_value": 275.315513, "relative_strength": -30.436438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.853677, "energy": 72.618713, "activity_lines": [ 178.895998, 185.693089, 199.631713, 218.949526 ] }, { "date": "2026-05-08", "close": 183.899994, "volume": 5045, "typical_volume": 5196.55, "trend": 238.180333, "fair_value": 274.75718, "relative_strength": -30.016426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.022687, "energy": 51.385083, "activity_lines": [ 180.251997, 184.576361, 196.14776, 215.165633 ] }, { "date": "2026-05-15", "close": 180.0, "volume": 28897, "typical_volume": 6580.9, "trend": 234.747, "fair_value": 274.173846, "relative_strength": -28.971757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.075153, "energy": 48.119352, "activity_lines": [ 181.157998, 182.761452, 192.797617, 211.412063 ] }, { "date": "2026-05-22", "close": 188.0, "volume": 7503, "typical_volume": 6825.9, "trend": 230.813666, "fair_value": 273.532821, "relative_strength": -25.76784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.690802, "energy": 37.722878, "activity_lines": [ 183.530665, 182.842907, 190.781998, 208.396128 ] }, { "date": "2026-05-29", "close": 203.0, "volume": 11843, "typical_volume": 7156.15, "trend": 227.716, "fair_value": 272.75718, "relative_strength": -19.519124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.206062, "energy": 25.863959, "activity_lines": [ 190.253333, 185.901817, 190.656094, 206.601698 ] }, { "date": "2026-06-05", "close": 197.0, "volume": 1966, "typical_volume": 7030.55, "trend": 225.735666, "fair_value": 272.00718, "relative_strength": -18.33691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.071268, "energy": 19.785787, "activity_lines": [ 193.66, 188.142544, 190.392094, 204.62002 ] }, { "date": "2026-06-12", "close": 180.649994, "volume": 1693, "typical_volume": 5980.1, "trend": 223.257333, "fair_value": 271.183397, "relative_strength": -26.550952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.644392, "energy": 22.001391, "activity_lines": [ 190.416665, 187.332362, 188.851903, 201.711267 ] }, { "date": "2026-06-19", "close": 178.0, "volume": 0, "typical_volume": 5738.65, "trend": 221.197333, "fair_value": 270.497628, "relative_strength": -26.794629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.59714, "energy": 26.349478, "activity_lines": [ 186.506665, 186.331271, 187.430141, 198.791439 ] }, { "date": "2026-06-26", "close": 183.75, "volume": 381, "typical_volume": 5606.4, "trend": 218.968999, "fair_value": 269.848718, "relative_strength": -23.308453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.950816, "energy": 33.314915, "activity_lines": [ 184.646665, 186.084726, 186.754094, 196.375483 ] }, { "date": "2026-07-03", "close": 205.550003, "volume": 0, "typical_volume": 5414.65, "trend": 214.587333, "fair_value": 269.339551, "relative_strength": -13.421224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.134083, "energy": 13.549478, "activity_lines": [ 190.336667, 189.701818, 188.341142, 195.509741 ] }, { "date": "2026-07-10", "close": 202.899994, "volume": 37216, "typical_volume": 7250.1, "trend": 210.412665, "fair_value": 268.733141, "relative_strength": -13.251565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.813576, "energy": 6.499589, "activity_lines": [ 194.973332, 192.431817, 189.639856, 194.755719 ] }, { "date": "2026-07-17", "close": 213.0, "volume": 22966, "typical_volume": 7875.05, "trend": 207.845999, "fair_value": 268.191474, "relative_strength": -8.632869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.555251, "energy": 26.41302, "activity_lines": [ 202.583332, 196.563635, 191.815237, 194.922644 ] }, { "date": "2026-07-24", "close": 192.919998, "volume": 12667, "typical_volume": 8200.7, "trend": 204.268332, "fair_value": 267.594807, "relative_strength": -16.446271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.887396, "energy": 19.875324, "activity_lines": [ 201.343332, 196.515453, 191.942522, 193.959676 ] }, { "date": "2026-07-31", "close": 221.779999, "volume": 25951, "typical_volume": 9090.95, "trend": 202.166332, "fair_value": 267.227436, "relative_strength": -4.556893, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.56696, "energy": 48.295097, "activity_lines": [ 208.728665, 201.479635, 194.87257, 195.089461 ] }, { "date": "2026-08-07", "close": 257.0, "volume": 6976, "typical_volume": 9313.25, "trend": 200.932999, "fair_value": 267.201795, "relative_strength": 10.329452, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 63.759738, "energy": 74.446954, "activity_lines": [ 225.318666, 212.233272, 201.06157, 198.627117 ] } ], "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." } } }