{ "ticker": { "uuid": "ef0d0ae8-3927-475b-9a25-f7801226a707", "symbol": "ALM-PREF", "name": "ALM Equity AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 57.303, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 60.262, "architecture_energy": 41.986, "architecture_maturity": 14.889, "architecture_confidence": 73.703, "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": 18.89, "rotation_up": 57.25, "upward_expansion": 78.18, "deceleration": 56.51, "rotation_down": 18.11, "downward_expansion": 4.85 }, "activity_lines": [ 89.253334, 88.959168, 88.412823, 87.753812 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 89.5, "trend_reference": 86.380392, "distance_from_trend": 0.036115, "trend_direction": "Improving", "fair_value": 73.838414, "distance_from_fair_value": 0.212106, "fair_value_direction": "Weakening", "relative_strength": -4.178299, "relative_strength_direction": "Weakening", "price_momentum": 0.111004, "excess_performance": 0.04951, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.036115, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038485, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.212106, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017569, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.041783, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032459, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.111004, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.950852, "read": "Supply-led" } ], "volume": { "latest": 66500, "relative_activity": 0.852471, "balance": 0.950852, "dry_up": 0.818465, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.019249, "annualized_volatility": 0.097848, "from_high_reference": -0.026115, "from_low_reference": 0.173634 }, "levels": { "trend_reference": 86.380392, "fair_value_reference": 73.838414, "structural_low": 80.264799, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.000788, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.009043, "regime_survival": 0.681818, "best_return": 0.043628, "worst_return": -0.057419, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.001171, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.054073, "regime_survival": 0.444444, "best_return": 0.090061, "worst_return": -0.146784, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.000924, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.069953, "regime_survival": 0.333333, "best_return": 0.193392, "worst_return": -0.229941, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.099339, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.005919, "regime_survival": 0.0, "best_return": 0.123471, "worst_return": -0.156161, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-05-31", "tenure": "Developing", "return": 0.001576, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-07", "end": "2024-08-02", "tenure": "Developing", "return": 0.07859, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2024-11-15", "tenure": "Established", "return": 0.027762, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-01-31", "tenure": "Developing", "return": -0.010611, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-05-23", "tenure": "Established", "return": -0.003677, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.013189, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-06-20", "tenure": "New", "return": 0.01288, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-08-01", "tenure": "Developing", "return": -0.026932, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-09-12", "tenure": "Developing", "return": 0.007186, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-07", "tenure": "Developing", "return": -0.018445, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-26", "tenure": "Developing", "return": 0.037037, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-05-22", "tenure": "Established", "return": 0.066177, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": 0.027027, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.004489, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 64.002426, "volume": 26011, "typical_volume": 48732.5, "trend": 63.21474, "fair_value": 71.595376, "relative_strength": -0.895441, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.564949, "energy": 36.559109, "activity_lines": [ 64.111166, 63.056936, 61.462586, 62.09698 ] }, { "date": "2023-08-25", "close": 62.371296, "volume": 25203, "typical_volume": 48069.4, "trend": 63.016464, "fair_value": 71.556581, "relative_strength": -3.040772, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.375474, "energy": 18.152971, "activity_lines": [ 63.494962, 63.232626, 61.530167, 62.042565 ] }, { "date": "2023-09-01", "close": 60.662479, "volume": 22338, "typical_volume": 47192.4, "trend": 62.82763, "fair_value": 71.508782, "relative_strength": -6.783903, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -9.420477, "energy": 8.472996, "activity_lines": [ 62.454142, 62.978553, 61.453459, 61.890695 ] }, { "date": "2023-09-08", "close": 59.264378, "volume": 27014, "typical_volume": 45628.9, "trend": 62.614326, "fair_value": 71.450071, "relative_strength": -7.965596, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -47.582179, "energy": 29.578047, "activity_lines": [ 61.211376, 62.371292, 61.269829, 61.660808 ] }, { "date": "2023-09-15", "close": 59.730419, "volume": 47457, "typical_volume": 45499.45, "trend": 62.391963, "fair_value": 71.390449, "relative_strength": -7.429302, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.619574, "energy": 36.737147, "activity_lines": [ 60.429471, 61.814872, 61.157719, 61.474749 ] }, { "date": "2023-09-22", "close": 60.196461, "volume": 31500, "typical_volume": 45153.25, "trend": 62.163002, "fair_value": 71.331865, "relative_strength": -4.894321, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.647823, "energy": 36.143443, "activity_lines": [ 60.092891, 61.348837, 61.110592, 61.333104 ] }, { "date": "2023-09-29", "close": 59.408836, "volume": 37005, "typical_volume": 38668.45, "trend": 61.929921, "fair_value": 71.263936, "relative_strength": -5.070592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.791092, "energy": 44.656625, "activity_lines": [ 59.747501, 60.817269, 61.007552, 61.155416 ] }, { "date": "2023-10-06", "close": 54.777496, "volume": 74558, "typical_volume": 40482.25, "trend": 61.584269, "fair_value": 71.168304, "relative_strength": -11.843021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.421208, "energy": 75.288513, "activity_lines": [ 58.055828, 59.537046, 60.478368, 60.693969 ] }, { "date": "2023-10-13", "close": 54.697655, "volume": 48406, "typical_volume": 41704.3, "trend": 61.223659, "fair_value": 71.072161, "relative_strength": -12.890017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.193885, "energy": 84.145446, "activity_lines": [ 56.729874, 58.421329, 59.969936, 60.249671 ] }, { "date": "2023-10-20", "close": 54.777496, "volume": 31766, "typical_volume": 40378.15, "trend": 60.865711, "fair_value": 70.978515, "relative_strength": -7.670009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.552109, "energy": 85.221706, "activity_lines": [ 55.734981, 57.486482, 59.494609, 59.83379 ] }, { "date": "2023-10-27", "close": 54.537945, "volume": 19363, "typical_volume": 38237.7, "trend": 60.455275, "fair_value": 70.881348, "relative_strength": -6.514786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.202462, "energy": 86.024848, "activity_lines": [ 54.990433, 56.677218, 58.998205, 59.425547 ] }, { "date": "2023-11-03", "close": 54.298401, "volume": 36499, "typical_volume": 38282.25, "trend": 60.056998, "fair_value": 70.776689, "relative_strength": -9.954595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.032899, "energy": 84.730217, "activity_lines": [ 54.543272, 55.996483, 58.481508, 59.028329 ] }, { "date": "2023-11-10", "close": 54.617805, "volume": 20777, "typical_volume": 38000.7, "trend": 59.671887, "fair_value": 70.674077, "relative_strength": -8.691726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.0484, "energy": 72.036392, "activity_lines": [ 54.543274, 55.520601, 58.002487, 58.677413 ] }, { "date": "2023-11-17", "close": 54.138695, "volume": 91186, "typical_volume": 40069.3, "trend": 59.311092, "fair_value": 70.564423, "relative_strength": -12.655782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.229073, "energy": 60.48568, "activity_lines": [ 54.394219, 55.067511, 57.480696, 58.320433 ] }, { "date": "2023-11-24", "close": 54.937199, "volume": 51220, "typical_volume": 40120.65, "trend": 59.007129, "fair_value": 70.465844, "relative_strength": -12.331432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.68766, "energy": 53.787583, "activity_lines": [ 54.548596, 54.852798, 57.050485, 58.038247 ] }, { "date": "2023-12-01", "close": 57.173012, "volume": 50033, "typical_volume": 40172.1, "trend": 58.772656, "fair_value": 70.37564, "relative_strength": -9.373671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.158267, "energy": 36.717001, "activity_lines": [ 55.437597, 55.131746, 56.857512, 57.919917 ] }, { "date": "2023-12-08", "close": 62.12376, "volume": 55432, "typical_volume": 41294.55, "trend": 58.758603, "fair_value": 70.317172, "relative_strength": -4.103564, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -2.322839, "energy": 15.652435, "activity_lines": [ 57.801176, 56.365801, 57.170779, 58.136117 ] }, { "date": "2023-12-15", "close": 62.203594, "volume": 56018, "typical_volume": 42438.4, "trend": 58.807642, "fair_value": 70.261201, "relative_strength": -6.720851, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.191885, "energy": 38.425687, "activity_lines": [ 59.669676, 57.56501, 57.503184, 58.358374 ] }, { "date": "2023-12-22", "close": 68.352097, "volume": 84718, "typical_volume": 43315.45, "trend": 59.084292, "fair_value": 70.24663, "relative_strength": 2.911353, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.092863, "energy": 55.092787, "activity_lines": [ 63.081958, 59.747108, 58.432686, 58.974146 ] }, { "date": "2023-12-29", "close": 65.477486, "volume": 53333, "typical_volume": 44491.85, "trend": 59.428787, "fair_value": 70.207233, "relative_strength": -2.098003, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.839334, "energy": 66.06691, "activity_lines": [ 64.588475, 61.158288, 59.066963, 59.38661 ] }, { "date": "2024-01-05", "close": 65.637169, "volume": 23291, "typical_volume": 44355.85, "trend": 59.781123, "fair_value": 70.166837, "relative_strength": 0.810764, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.07094, "energy": 75.89322, "activity_lines": [ 65.445535, 62.403955, 59.709794, 59.78715 ] }, { "date": "2024-01-12", "close": 64.359566, "volume": 41047, "typical_volume": 45148.05, "trend": 60.065692, "fair_value": 70.118251, "relative_strength": -1.578319, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.189179, "energy": 82.360686, "activity_lines": [ 65.31245, 63.215526, 60.223164, 60.082534 ] }, { "date": "2024-01-19", "close": 62.682701, "volume": 15662, "typical_volume": 44814.25, "trend": 60.31451, "fair_value": 70.058917, "relative_strength": -1.380094, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.037651, "energy": 43.914606, "activity_lines": [ 64.471356, 63.539283, 60.567364, 60.251373 ] }, { "date": "2024-01-26", "close": 61.644653, "volume": 35465, "typical_volume": 45236.8, "trend": 60.455991, "fair_value": 69.99495, "relative_strength": -5.633299, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.418209, "energy": 26.246307, "activity_lines": [ 63.252306, 63.52767, 60.803082, 60.337189 ] }, { "date": "2024-02-02", "close": 62.443161, "volume": 37091, "typical_volume": 44718.5, "trend": 60.536059, "fair_value": 69.936102, "relative_strength": -4.151292, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.936787, "energy": 15.006717, "activity_lines": [ 62.746588, 63.524767, 61.103515, 60.465393 ] }, { "date": "2024-02-09", "close": 59.80809, "volume": 70613, "typical_volume": 46674.15, "trend": 60.380713, "fair_value": 69.846205, "relative_strength": -7.306059, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.766725, "energy": 22.133441, "activity_lines": [ 61.564801, 62.906289, 61.14007, 60.418428 ] }, { "date": "2024-02-16", "close": 60.686447, "volume": 25089, "typical_volume": 46078.35, "trend": 60.252057, "fair_value": 69.763961, "relative_strength": -7.871221, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.404417, "energy": 22.167896, "activity_lines": [ 61.064406, 62.399602, 61.262128, 60.438152 ] }, { "date": "2024-02-23", "close": 61.245396, "volume": 101188, "typical_volume": 47409.85, "trend": 60.139443, "fair_value": 69.683277, "relative_strength": -7.69483, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.41915, "energy": 18.498001, "activity_lines": [ 60.995201, 62.020674, 61.431335, 60.502239 ] }, { "date": "2024-03-01", "close": 61.245396, "volume": 51461, "typical_volume": 47562.6, "trend": 60.052721, "fair_value": 69.600571, "relative_strength": -8.374194, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.050413, "energy": 17.182826, "activity_lines": [ 61.021816, 61.659169, 61.569742, 60.573591 ] }, { "date": "2024-03-08", "close": 64.599121, "volume": 52614, "typical_volume": 48605.0, "trend": 60.070021, "fair_value": 69.53734, "relative_strength": -4.12032, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.408016, "energy": 24.930157, "activity_lines": [ 62.192957, 62.036644, 61.996373, 60.866907 ] }, { "date": "2024-03-15", "close": 65.317772, "volume": 38277, "typical_volume": 49550.7, "trend": 60.113866, "fair_value": 69.476694, "relative_strength": -4.43098, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.882344, "energy": 39.29192, "activity_lines": [ 63.459918, 62.560754, 62.444676, 61.205471 ] }, { "date": "2024-03-22", "close": 65.477486, "volume": 29155, "typical_volume": 49183.5, "trend": 60.217406, "fair_value": 69.411003, "relative_strength": -3.844471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.036566, "energy": 62.747317, "activity_lines": [ 64.412805, 63.119709, 62.856858, 61.551511 ] }, { "date": "2024-03-29", "close": 66.236519, "volume": 48759, "typical_volume": 50582.6, "trend": 60.403207, "fair_value": 69.342392, "relative_strength": -1.844952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.531306, "energy": 73.111837, "activity_lines": [ 65.2993, 63.796345, 63.288095, 61.939841 ] }, { "date": "2024-04-05", "close": 65.990593, "volume": 36865, "typical_volume": 47866.55, "trend": 60.627414, "fair_value": 69.270558, "relative_strength": -1.402096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.833947, "energy": 70.676454, "activity_lines": [ 65.771078, 64.363652, 63.640583, 62.300318 ] }, { "date": "2024-04-12", "close": 66.482445, "volume": 24586, "typical_volume": 46534.85, "trend": 60.852482, "fair_value": 69.2027, "relative_strength": -0.546585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.731627, "energy": 69.020462, "activity_lines": [ 66.09046, 64.94137, 63.983477, 62.678062 ] }, { "date": "2024-04-19", "close": 65.580704, "volume": 35747, "typical_volume": 45820.55, "trend": 61.031957, "fair_value": 69.128239, "relative_strength": -1.510284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.535655, "energy": 51.977845, "activity_lines": [ 65.983707, 65.281693, 64.185513, 62.983108 ] }, { "date": "2024-04-26", "close": 67.22023, "volume": 30050, "typical_volume": 44551.45, "trend": 61.292336, "fair_value": 69.063463, "relative_strength": -1.105819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.915557, "energy": 46.815375, "activity_lines": [ 66.405934, 65.815155, 64.503658, 63.382352 ] }, { "date": "2024-05-03", "close": 67.384171, "volume": 45645, "typical_volume": 44032.8, "trend": 61.712559, "fair_value": 68.994799, "relative_strength": -0.022898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.102816, "energy": 47.108931, "activity_lines": [ 66.766625, 66.259629, 64.813148, 63.775373 ] }, { "date": "2024-05-10", "close": 66.728371, "volume": 59900, "typical_volume": 42791.9, "trend": 62.113583, "fair_value": 68.927694, "relative_strength": -4.124154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.134955, "energy": 44.229161, "activity_lines": [ 66.832205, 66.473252, 65.035511, 64.098974 ] }, { "date": "2024-05-17", "close": 66.072556, "volume": 75194, "typical_volume": 43884.95, "trend": 62.490085, "fair_value": 68.853091, "relative_strength": -4.049913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.503893, "energy": 40.793288, "activity_lines": [ 66.629996, 66.467945, 65.203147, 64.354392 ] }, { "date": "2024-05-24", "close": 65.744659, "volume": 65701, "typical_volume": 46005.45, "trend": 62.863642, "fair_value": 68.77474, "relative_strength": -5.242359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.793776, "energy": 31.857077, "activity_lines": [ 66.345814, 66.376232, 65.336722, 64.564364 ] }, { "date": "2024-05-31", "close": 65.580704, "volume": 64943, "typical_volume": 47200.25, "trend": 63.239719, "fair_value": 68.696985, "relative_strength": -4.81646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.217983, "energy": 23.398368, "activity_lines": [ 65.996049, 66.246946, 65.454169, 64.739659 ] }, { "date": "2024-06-07", "close": 65.498734, "volume": 65915, "typical_volume": 49712.9, "trend": 63.602416, "fair_value": 68.617881, "relative_strength": -5.713168, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.448328, "energy": 18.725599, "activity_lines": [ 65.728263, 66.100881, 65.557996, 64.885402 ] }, { "date": "2024-06-14", "close": 64.597, "volume": 115744, "typical_volume": 53726.85, "trend": 63.951026, "fair_value": 68.532997, "relative_strength": -4.842717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.661955, "energy": 16.27146, "activity_lines": [ 65.285595, 65.804278, 65.562533, 64.949568 ] }, { "date": "2024-06-21", "close": 65.17083, "volume": 65371, "typical_volume": 55140.85, "trend": 64.292147, "fair_value": 68.450967, "relative_strength": -4.494295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.192099, "energy": 16.473319, "activity_lines": [ 65.176295, 65.637345, 65.607662, 65.028265 ] }, { "date": "2024-06-28", "close": 65.678276, "volume": 92564, "typical_volume": 56238.4, "trend": 64.575656, "fair_value": 68.370197, "relative_strength": -3.638558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.505712, "energy": 11.589896, "activity_lines": [ 65.296258, 65.586524, 65.68813, 65.117693 ] }, { "date": "2024-07-05", "close": 66.520302, "volume": 65399, "typical_volume": 58253.9, "trend": 64.722208, "fair_value": 68.286447, "relative_strength": -1.859387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.124149, "energy": 16.934228, "activity_lines": [ 65.701323, 65.687023, 65.820837, 65.243154 ] }, { "date": "2024-07-12", "close": 65.678276, "volume": 93910, "typical_volume": 57890.0, "trend": 64.83803, "fair_value": 68.195624, "relative_strength": -5.576295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.054848, "energy": 16.820638, "activity_lines": [ 65.763072, 65.647153, 65.845572, 65.304836 ] }, { "date": "2024-07-19", "close": 65.509872, "volume": 75370, "typical_volume": 59085.45, "trend": 64.74329, "fair_value": 68.106234, "relative_strength": -3.375362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.961205, "energy": 17.093519, "activity_lines": [ 65.756717, 65.607681, 65.833159, 65.34818 ] }, { "date": "2024-07-26", "close": 65.088852, "volume": 133218, "typical_volume": 63115.65, "trend": 64.730335, "fair_value": 68.014146, "relative_strength": -4.058554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.920185, "energy": 12.381645, "activity_lines": [ 65.549164, 65.513814, 65.760342, 65.370475 ] }, { "date": "2024-08-02", "close": 70.646248, "volume": 87646, "typical_volume": 65584.1, "trend": 64.897304, "fair_value": 67.956844, "relative_strength": 8.870658, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 73.937596, "energy": 53.848941, "activity_lines": [ 67.199541, 66.448268, 66.214469, 65.752147 ] }, { "date": "2024-08-09", "close": 75.193199, "volume": 124101, "typical_volume": 70331.4, "trend": 65.258425, "fair_value": 67.92869, "relative_strength": 16.146689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.274958, "energy": 82.149963, "activity_lines": [ 70.034371, 68.120321, 67.076265, 66.416398 ] }, { "date": "2024-08-16", "close": 74.266968, "volume": 58348, "typical_volume": 70810.85, "trend": 65.644568, "fair_value": 67.896273, "relative_strength": 11.383604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.765129, "energy": 87.832947, "activity_lines": [ 71.982264, 69.449195, 67.803583, 66.997594 ] }, { "date": "2024-08-23", "close": 79.403351, "volume": 79479, "typical_volume": 72941.55, "trend": 66.236524, "fair_value": 67.89762, "relative_strength": 17.697253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.30615, "energy": 96.001709, "activity_lines": [ 75.069705, 71.552535, 68.98184, 67.885258 ] }, { "date": "2024-08-30", "close": 78.982346, "volume": 71906, "typical_volume": 75307.55, "trend": 66.78783, "fair_value": 67.89543, "relative_strength": 15.193565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.763476, "energy": 92.796131, "activity_lines": [ 77.090579, 73.310122, 70.056131, 68.707569 ] }, { "date": "2024-09-06", "close": 76.961464, "volume": 73308, "typical_volume": 77185.6, "trend": 67.35961, "fair_value": 67.879449, "relative_strength": 17.12455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.83434, "energy": 87.202732, "activity_lines": [ 77.511593, 74.449157, 70.878434, 69.363932 ] }, { "date": "2024-09-13", "close": 77.887688, "volume": 54380, "typical_volume": 78402.1, "trend": 67.932984, "fair_value": 67.872755, "relative_strength": 16.153259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.033606, "energy": 81.278229, "activity_lines": [ 77.820334, 75.551448, 71.734755, 70.043163 ] }, { "date": "2024-09-20", "close": 78.140297, "volume": 111522, "typical_volume": 81695.95, "trend": 68.496148, "fair_value": 67.865168, "relative_strength": 13.88496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.245787, "energy": 63.666982, "activity_lines": [ 78.033645, 76.492988, 72.564336, 70.701699 ] }, { "date": "2024-09-27", "close": 78.142258, "volume": 113712, "typical_volume": 84386.55, "trend": 69.059376, "fair_value": 67.858812, "relative_strength": 11.121794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.151073, "energy": 58.967133, "activity_lines": [ 77.989388, 77.208303, 73.342885, 71.324029 ] }, { "date": "2024-10-04", "close": 78.056099, "volume": 94306, "typical_volume": 85342.15, "trend": 69.507942, "fair_value": 67.856167, "relative_strength": 12.150897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.949888, "energy": 56.809653, "activity_lines": [ 78.000484, 77.678272, 74.058876, 71.904463 ] }, { "date": "2024-10-11", "close": 77.711487, "volume": 58074, "typical_volume": 84960.8, "trend": 69.921066, "fair_value": 67.84705, "relative_strength": 11.900326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.774995, "energy": 51.657549, "activity_lines": [ 77.958459, 77.849817, 74.684982, 72.433724 ] }, { "date": "2024-10-18", "close": 77.711487, "volume": 53285, "typical_volume": 84377.9, "trend": 70.328866, "fair_value": 67.843049, "relative_strength": 11.373045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.147375, "energy": 44.055743, "activity_lines": [ 77.866433, 77.892902, 75.254103, 72.936331 ] }, { "date": "2024-10-25", "close": 78.917641, "volume": 50443, "typical_volume": 83604.3, "trend": 70.75157, "fair_value": 67.848484, "relative_strength": 12.880274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.773735, "energy": 47.453051, "activity_lines": [ 78.188205, 78.109502, 75.880331, 73.490446 ] }, { "date": "2024-11-01", "close": 77.453018, "volume": 85382, "typical_volume": 82086.2, "trend": 71.133651, "fair_value": 67.843679, "relative_strength": 11.924592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.990783, "energy": 39.514673, "activity_lines": [ 77.969946, 77.975248, 76.303171, 73.922797 ] }, { "date": "2024-11-08", "close": 77.969948, "volume": 61439, "typical_volume": 81889.6, "trend": 71.516568, "fair_value": 67.837071, "relative_strength": 12.233572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.562383, "energy": 39.309087, "activity_lines": [ 77.969946, 77.970443, 76.714023, 74.363849 ] }, { "date": "2024-11-15", "close": 77.280701, "volume": 58683, "typical_volume": 80195.55, "trend": 71.906568, "fair_value": 67.823488, "relative_strength": 12.908763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.33978, "energy": 35.270122, "activity_lines": [ 77.745941, 77.858727, 76.998285, 74.735728 ] }, { "date": "2024-11-22", "close": 74.092987, "volume": 69320, "typical_volume": 80391.6, "trend": 72.13566, "fair_value": 67.792881, "relative_strength": 7.707711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.432045, "energy": 17.767498, "activity_lines": [ 76.488084, 77.161622, 76.923705, 74.876788 ] }, { "date": "2024-11-29", "close": 75.988388, "volume": 115000, "typical_volume": 81446.1, "trend": 72.422467, "fair_value": 67.775276, "relative_strength": 10.101024, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.594184, "energy": 17.160245, "activity_lines": [ 76.10326, 76.878131, 76.993579, 75.125351 ] }, { "date": "2024-12-06", "close": 74.609909, "volume": 201896, "typical_volume": 87772.4, "trend": 72.685185, "fair_value": 67.75054, "relative_strength": 3.828955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.162614, "energy": 17.172873, "activity_lines": [ 75.454227, 76.383132, 76.883074, 75.266476 ] }, { "date": "2024-12-13", "close": 75.040688, "volume": 198618, "typical_volume": 91042.4, "trend": 72.984123, "fair_value": 67.732828, "relative_strength": 6.549725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.805861, "energy": 20.094794, "activity_lines": [ 75.138328, 76.030681, 76.770262, 75.418444 ] }, { "date": "2024-12-20", "close": 72.800674, "volume": 190053, "typical_volume": 96162.75, "trend": 73.219323, "fair_value": 67.69479, "relative_strength": 6.732007, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.282471, "energy": 25.796826, "activity_lines": [ 74.271041, 75.325781, 76.396725, 75.406609 ] }, { "date": "2024-12-27", "close": 74.27829, "volume": 75149, "typical_volume": 93715.15, "trend": 73.509243, "fair_value": 67.661495, "relative_strength": 8.028406, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.562517, "energy": 22.332625, "activity_lines": [ 74.194961, 74.978826, 76.153655, 75.474929 ] }, { "date": "2025-01-03", "close": 75.426476, "volume": 74580, "typical_volume": 94526.75, "trend": 73.840167, "fair_value": 67.638165, "relative_strength": 8.622874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.127871, "energy": 15.406108, "activity_lines": [ 74.489256, 74.903053, 76.024292, 75.598622 ] }, { "date": "2025-01-10", "close": 74.101662, "volume": 104360, "typical_volume": 95770.8, "trend": 74.156989, "fair_value": 67.608078, "relative_strength": 6.04369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.88921, "energy": 15.669226, "activity_lines": [ 74.379408, 74.649881, 75.763235, 75.615492 ] }, { "date": "2025-01-17", "close": 73.836693, "volume": 106744, "typical_volume": 97512.7, "trend": 74.445851, "fair_value": 67.576293, "relative_strength": 1.81673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.151399, "energy": 20.786339, "activity_lines": [ 74.21512, 74.409467, 75.502189, 75.594828 ] }, { "date": "2025-01-24", "close": 72.953484, "volume": 107032, "typical_volume": 99198.9, "trend": 74.688358, "fair_value": 67.538845, "relative_strength": -1.462741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -35.770252, "energy": 25.890933, "activity_lines": [ 73.836695, 74.083619, 75.181531, 75.498546 ] }, { "date": "2025-01-31", "close": 73.306763, "volume": 76940, "typical_volume": 100326.9, "trend": 74.914574, "fair_value": 67.503663, "relative_strength": -1.089647, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.764865, "energy": 36.837571, "activity_lines": [ 73.565842, 73.900681, 74.913604, 75.409411 ] }, { "date": "2025-02-07", "close": 73.306763, "volume": 81398, "typical_volume": 98820.7, "trend": 75.168857, "fair_value": 67.462405, "relative_strength": -0.09875, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -31.405264, "energy": 41.607492, "activity_lines": [ 73.359758, 73.732037, 74.667492, 75.305681 ] }, { "date": "2025-02-14", "close": 72.865158, "volume": 130931, "typical_volume": 99681.65, "trend": 75.414033, "fair_value": 67.421788, "relative_strength": -3.631532, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.327761, "energy": 53.705827, "activity_lines": [ 73.147786, 73.531858, 74.402338, 75.157055 ] }, { "date": "2025-02-21", "close": 74.80822, "volume": 172159, "typical_volume": 103574.3, "trend": 75.738012, "fair_value": 67.397099, "relative_strength": -1.483182, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.204976, "energy": 30.43811, "activity_lines": [ 73.665935, 73.716687, 74.347367, 75.117971 ] }, { "date": "2025-02-28", "close": 75.073189, "volume": 135179, "typical_volume": 107429.55, "trend": 75.885577, "fair_value": 67.378447, "relative_strength": -1.332054, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.889702, "energy": 18.817757, "activity_lines": [ 74.207639, 73.953918, 74.333097, 75.075079 ] }, { "date": "2025-03-07", "close": 74.189972, "volume": 66887, "typical_volume": 108109.65, "trend": 75.852136, "fair_value": 67.355001, "relative_strength": -2.735456, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.131679, "energy": 17.847183, "activity_lines": [ 74.313624, 73.989245, 74.247275, 74.965685 ] }, { "date": "2025-03-14", "close": 72.511864, "volume": 133939, "typical_volume": 112284.45, "trend": 75.793632, "fair_value": 67.30778, "relative_strength": -3.359086, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.520698, "energy": 21.970141, "activity_lines": [ 73.801358, 73.721068, 74.018402, 74.750184 ] }, { "date": "2025-03-21", "close": 71.981941, "volume": 112231, "typical_volume": 113626.9, "trend": 75.546252, "fair_value": 67.259765, "relative_strength": -2.234386, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.770952, "energy": 37.969759, "activity_lines": [ 73.165445, 73.409534, 73.769564, 74.504268 ] }, { "date": "2025-03-28", "close": 73.127823, "volume": 126536, "typical_volume": 116881.75, "trend": 75.351101, "fair_value": 67.215168, "relative_strength": 2.535168, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.580037, "energy": 43.691302, "activity_lines": [ 72.970374, 73.344883, 73.65591, 74.348241 ] }, { "date": "2025-04-04", "close": 72.312279, "volume": 206123, "typical_volume": 124253.75, "trend": 75.196128, "fair_value": 67.16976, "relative_strength": 12.308905, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.873686, "energy": 51.873258, "activity_lines": [ 72.615481, 73.14484, 73.487643, 74.152187 ] }, { "date": "2025-04-11", "close": 72.402885, "volume": 172272, "typical_volume": 129401.35, "trend": 75.013301, "fair_value": 67.119631, "relative_strength": 12.520454, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.469473, "energy": 43.281958, "activity_lines": [ 72.47485, 72.972929, 73.351664, 73.971978 ] }, { "date": "2025-04-18", "close": 72.493507, "volume": 78923, "typical_volume": 127597.5, "trend": 74.825075, "fair_value": 67.0692, "relative_strength": 8.594293, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.674013, "energy": 31.421553, "activity_lines": [ 72.483567, 72.833928, 73.232364, 73.809411 ] }, { "date": "2025-04-25", "close": 73.399673, "volume": 58754, "typical_volume": 120440.4, "trend": 74.666989, "fair_value": 67.025461, "relative_strength": 6.43133, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.617139, "energy": 25.983259, "activity_lines": [ 72.795562, 72.874472, 73.216008, 73.717449 ] }, { "date": "2025-05-02", "close": 72.946587, "volume": 99833, "typical_volume": 115501.15, "trend": 74.496672, "fair_value": 66.992955, "relative_strength": 4.028655, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.200349, "energy": 18.320135, "activity_lines": [ 72.862013, 72.822917, 73.162264, 73.606456 ] }, { "date": "2025-05-09", "close": 72.946587, "volume": 101839, "typical_volume": 111090.45, "trend": 74.337842, "fair_value": 66.969286, "relative_strength": 4.295591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.685372, "energy": 15.791, "activity_lines": [ 72.940547, 72.805211, 73.118492, 73.50645 ] }, { "date": "2025-05-16", "close": 72.402885, "volume": 184818, "typical_volume": 116573.9, "trend": 74.160888, "fair_value": 66.941247, "relative_strength": -0.555703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.350114, "energy": 17.10983, "activity_lines": [ 72.795559, 72.727315, 73.022244, 73.381614 ] }, { "date": "2025-05-23", "close": 73.037201, "volume": 119799, "typical_volume": 118834.85, "trend": 73.964874, "fair_value": 66.918158, "relative_strength": 2.620406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.363005, "energy": 15.989631, "activity_lines": [ 72.86201, 72.797242, 72.995337, 73.309118 ] }, { "date": "2025-05-30", "close": 75.574486, "volume": 107279, "typical_volume": 118980.8, "trend": 73.902256, "fair_value": 66.911333, "relative_strength": 5.125529, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.796919, "energy": 7.768335, "activity_lines": [ 73.737977, 73.318942, 73.221454, 73.412964 ] }, { "date": "2025-06-06", "close": 76.571274, "volume": 85157, "typical_volume": 117901.45, "trend": 73.855634, "fair_value": 66.917084, "relative_strength": 5.057266, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.926134, "energy": 36.981513, "activity_lines": [ 74.801218, 73.956557, 73.53549, 73.585159 ] }, { "date": "2025-06-13", "close": 77.386818, "volume": 87932, "typical_volume": 116946.45, "trend": 73.859171, "fair_value": 66.969591, "relative_strength": 8.397882, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.565398, "energy": 59.186534, "activity_lines": [ 75.894662, 74.679845, 73.914175, 73.812977 ] }, { "date": "2025-06-20", "close": 78.383598, "volume": 61678, "typical_volume": 116183.35, "trend": 74.002191, "fair_value": 67.035114, "relative_strength": 9.865198, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.169541, "energy": 78.28625, "activity_lines": [ 77.02435, 75.492101, 74.36668, 74.104876 ] }, { "date": "2025-06-27", "close": 79.307777, "volume": 170460, "typical_volume": 120636.45, "trend": 74.112838, "fair_value": 67.124735, "relative_strength": 8.108463, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.134501, "energy": 83.050696, "activity_lines": [ 78.063384, 76.363649, 74.883027, 74.447172 ] }, { "date": "2025-07-04", "close": 79.029175, "volume": 103962, "typical_volume": 119288.0, "trend": 74.260146, "fair_value": 67.200837, "relative_strength": 7.073713, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.957162, "energy": 81.524341, "activity_lines": [ 78.591512, 77.060646, 75.344264, 74.764355 ] }, { "date": "2025-07-11", "close": 79.307777, "volume": 108528, "typical_volume": 116106.45, "trend": 74.402383, "fair_value": 67.288653, "relative_strength": 5.649758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.529977, "energy": 82.691894, "activity_lines": [ 78.982195, 77.705944, 75.802682, 75.090008 ] }, { "date": "2025-07-18", "close": 76.800385, "volume": 232442, "typical_volume": 120969.6, "trend": 74.535706, "fair_value": 67.341443, "relative_strength": 1.9327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.731665, "energy": 57.998897, "activity_lines": [ 78.354647, 77.779695, 76.000874, 75.244718 ] }, { "date": "2025-07-25", "close": 77.636177, "volume": 101606, "typical_volume": 122705.55, "trend": 74.647636, "fair_value": 67.403653, "relative_strength": 0.388168, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.325842, "energy": 43.905778, "activity_lines": [ 78.044792, 77.935338, 76.270441, 75.444749 ] }, { "date": "2025-08-01", "close": 77.171844, "volume": 72015, "typical_volume": 119609.35, "trend": 74.705815, "fair_value": 67.46108, "relative_strength": 2.531156, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.353763, "energy": 32.455101, "activity_lines": [ 77.629987, 77.911407, 76.479375, 75.607601 ] }, { "date": "2025-08-08", "close": 77.543312, "volume": 130174, "typical_volume": 120506.5, "trend": 74.820537, "fair_value": 67.493363, "relative_strength": 0.32982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.581004, "energy": 22.942522, "activity_lines": [ 77.481401, 77.87984, 76.701497, 75.790665 ] }, { "date": "2025-08-15", "close": 77.91478, "volume": 80388, "typical_volume": 118199.1, "trend": 74.956473, "fair_value": 67.527124, "relative_strength": -0.641549, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.22267, "energy": 24.699192, "activity_lines": [ 77.555695, 77.880015, 76.932514, 75.990294 ] }, { "date": "2025-08-22", "close": 77.450447, "volume": 90340, "typical_volume": 112409.95, "trend": 75.106372, "fair_value": 67.557006, "relative_strength": -2.880297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.007159, "energy": 21.928608, "activity_lines": [ 77.568077, 77.771339, 77.096514, 76.151195 ] }, { "date": "2025-08-29", "close": 77.729042, "volume": 98931, "typical_volume": 108742.9, "trend": 75.253781, "fair_value": 67.601309, "relative_strength": -0.114939, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.649138, "energy": 23.548985, "activity_lines": [ 77.629987, 77.71216, 77.262579, 76.3204 ] }, { "date": "2025-09-05", "close": 77.729042, "volume": 92970, "typical_volume": 109445.25, "trend": 75.40119, "fair_value": 67.646514, "relative_strength": -0.058458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.937682, "energy": 27.29277, "activity_lines": [ 77.685706, 77.664882, 77.403281, 76.480094 ] }, { "date": "2025-09-12", "close": 78.100502, "volume": 82106, "typical_volume": 110612.85, "trend": 75.575702, "fair_value": 67.696808, "relative_strength": 0.167013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.092588, "energy": 29.230388, "activity_lines": [ 77.828099, 77.713846, 77.554429, 76.654243 ] }, { "date": "2025-09-19", "close": 78.564842, "volume": 62593, "typical_volume": 108750.85, "trend": 75.700922, "fair_value": 67.773093, "relative_strength": 0.380826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.581737, "energy": 33.930198, "activity_lines": [ 78.088125, 77.864121, 77.727416, 76.847091 ] }, { "date": "2025-09-26", "close": 79.400635, "volume": 127372, "typical_volume": 110027.5, "trend": 75.845171, "fair_value": 67.843875, "relative_strength": 1.489395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.298119, "energy": 49.795268, "activity_lines": [ 78.583412, 78.179866, 77.953248, 77.085782 ] }, { "date": "2025-10-03", "close": 79.781456, "volume": 153035, "typical_volume": 108438.35, "trend": 76.031553, "fair_value": 67.940162, "relative_strength": -1.128088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.470477, "energy": 59.331651, "activity_lines": [ 79.075626, 78.517574, 78.184615, 77.339736 ] }, { "date": "2025-10-10", "close": 79.305435, "volume": 70710, "typical_volume": 105983.9, "trend": 76.258006, "fair_value": 68.041699, "relative_strength": -0.891714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.772453, "energy": 58.05501, "activity_lines": [ 79.272339, 78.729728, 78.335511, 77.550954 ] }, { "date": "2025-10-17", "close": 79.305435, "volume": 69275, "typical_volume": 104083.7, "trend": 76.502122, "fair_value": 68.153384, "relative_strength": -0.629279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.193571, "energy": 55.632302, "activity_lines": [ 79.36396, 78.903089, 78.456558, 77.747563 ] }, { "date": "2025-10-24", "close": 79.019821, "volume": 140719, "typical_volume": 106861.8, "trend": 76.698522, "fair_value": 68.262316, "relative_strength": -3.893752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.583303, "energy": 38.642538, "activity_lines": [ 79.280046, 78.992481, 78.532638, 77.909995 ] }, { "date": "2025-10-31", "close": 78.067772, "volume": 114515, "typical_volume": 108190.95, "trend": 76.890372, "fair_value": 68.362839, "relative_strength": -4.242066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.239929, "energy": 22.983499, "activity_lines": [ 78.848452, 78.888683, 78.506386, 77.998333 ] }, { "date": "2025-11-07", "close": 77.115723, "volume": 121277, "typical_volume": 111170.9, "trend": 77.047466, "fair_value": 68.454491, "relative_strength": -4.093266, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.122283, "energy": 12.228702, "activity_lines": [ 78.188365, 78.60056, 78.38622, 78.012872 ] }, { "date": "2025-11-14", "close": 77.115723, "volume": 138308, "typical_volume": 109563.3, "trend": 77.20154, "fair_value": 68.558136, "relative_strength": -4.752909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.666796, "energy": 16.981498, "activity_lines": [ 77.705993, 78.323588, 78.272092, 78.017276 ] }, { "date": "2025-11-21", "close": 76.830116, "volume": 69252, "typical_volume": 107827.8, "trend": 77.315888, "fair_value": 68.659489, "relative_strength": -3.010733, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.87775, "energy": 27.578936, "activity_lines": [ 77.2744, 78.00584, 78.141201, 77.993313 ] }, { "date": "2025-11-28", "close": 79.400635, "volume": 58365, "typical_volume": 105319.65, "trend": 77.531023, "fair_value": 68.76994, "relative_strength": -2.833701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.779747, "energy": 18.876728, "activity_lines": [ 77.864668, 78.178556, 78.265594, 78.127813 ] }, { "date": "2025-12-05", "close": 79.686249, "volume": 67499, "typical_volume": 97072.5, "trend": 77.755679, "fair_value": 68.89652, "relative_strength": -3.802503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.899967, "energy": 18.186594, "activity_lines": [ 78.524753, 78.388006, 78.416746, 78.26686 ] }, { "date": "2025-12-12", "close": 78.543793, "volume": 76423, "typical_volume": 95813.35, "trend": 77.960376, "fair_value": 69.014393, "relative_strength": -4.898738, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.328693, "energy": 18.849782, "activity_lines": [ 78.696121, 78.384543, 78.44535, 78.317706 ] }, { "date": "2025-12-19", "close": 79.210228, "volume": 98723, "typical_volume": 97148.75, "trend": 78.166143, "fair_value": 69.142073, "relative_strength": -4.679269, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.586369, "energy": 28.291377, "activity_lines": [ 78.99443, 78.524754, 78.533102, 78.398341 ] }, { "date": "2025-12-26", "close": 79.971863, "volume": 52474, "typical_volume": 93263.75, "trend": 78.312723, "fair_value": 69.260751, "relative_strength": -3.915737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.658454, "energy": 45.570254, "activity_lines": [ 79.406983, 78.805174, 78.683684, 78.514839 ] }, { "date": "2026-01-02", "close": 80.36245, "volume": 104271, "typical_volume": 94457.9, "trend": 78.439095, "fair_value": 69.363961, "relative_strength": -4.387401, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.471623, "energy": 54.984309, "activity_lines": [ 79.740281, 79.144494, 78.859901, 78.64708 ] }, { "date": "2026-01-09", "close": 81.436546, "volume": 67130, "typical_volume": 93297.4, "trend": 78.574086, "fair_value": 69.428181, "relative_strength": -6.029147, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.887401, "energy": 66.564628, "activity_lines": [ 80.367491, 79.654692, 79.126757, 78.840464 ] }, { "date": "2026-01-16", "close": 81.729485, "volume": 108571, "typical_volume": 93779.4, "trend": 78.685616, "fair_value": 69.497116, "relative_strength": -7.612049, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.440134, "energy": 73.893797, "activity_lines": [ 80.975661, 80.156902, 79.40253, 79.044038 ] }, { "date": "2026-01-23", "close": 81.338905, "volume": 76418, "typical_volume": 92951.8, "trend": 78.75332, "fair_value": 69.580574, "relative_strength": -7.256193, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.286612, "energy": 72.347087, "activity_lines": [ 81.241258, 80.50421, 79.622055, 79.215218 ] }, { "date": "2026-01-30", "close": 80.948318, "volume": 122550, "typical_volume": 94974.0, "trend": 78.817291, "fair_value": 69.674297, "relative_strength": -8.05338, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.150583, "energy": 68.690301, "activity_lines": [ 81.234747, 80.703718, 79.787192, 79.356831 ] }, { "date": "2026-02-06", "close": 80.557739, "volume": 135108, "typical_volume": 98599.75, "trend": 78.858957, "fair_value": 69.769773, "relative_strength": -11.13512, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.14108, "energy": 51.461253, "activity_lines": [ 81.032947, 80.757334, 79.90157, 79.469118 ] }, { "date": "2026-02-13", "close": 80.753029, "volume": 107488, "typical_volume": 97605.55, "trend": 78.990711, "fair_value": 69.861771, "relative_strength": -10.84487, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.342889, "energy": 35.455878, "activity_lines": [ 80.883223, 80.82542, 80.025057, 79.591316 ] }, { "date": "2026-02-20", "close": 81.924782, "volume": 151378, "typical_volume": 97522.7, "trend": 79.133665, "fair_value": 69.957024, "relative_strength": -11.17735, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.021422, "energy": 39.617641, "activity_lines": [ 81.169652, 81.087156, 80.253699, 79.780611 ] }, { "date": "2026-02-27", "close": 83.584755, "volume": 242968, "typical_volume": 106135.6, "trend": 79.347429, "fair_value": 70.067175, "relative_strength": -10.470791, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.032152, "energy": 53.497278, "activity_lines": [ 81.996386, 81.589232, 80.630228, 80.067778 ] }, { "date": "2026-03-06", "close": 85.928253, "volume": 169729, "typical_volume": 111158.3, "trend": 79.626927, "fair_value": 70.200387, "relative_strength": -2.452059, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.459673, "energy": 84.404256, "activity_lines": [ 83.454562, 82.437862, 81.20957, 80.492347 ] }, { "date": "2026-03-13", "close": 84.951797, "volume": 120212, "typical_volume": 110132.95, "trend": 79.861494, "fair_value": 70.324976, "relative_strength": -2.998403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.196088, "energy": 82.185521, "activity_lines": [ 84.255257, 83.000657, 81.664378, 80.835887 ] }, { "date": "2026-03-20", "close": 85.342377, "volume": 88350, "typical_volume": 108824.7, "trend": 80.124558, "fair_value": 70.452069, "relative_strength": 2.523071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.396024, "energy": 84.743085, "activity_lines": [ 84.893208, 83.551024, 82.128137, 81.189492 ] }, { "date": "2026-03-27", "close": 87.099998, "volume": 94886, "typical_volume": 107505.15, "trend": 80.436923, "fair_value": 70.58187, "relative_strength": 4.548315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.143176, "energy": 87.810563, "activity_lines": [ 85.811077, 84.349942, 82.724647, 81.639521 ] }, { "date": "2026-04-03", "close": 87.599998, "volume": 75196, "typical_volume": 104349.55, "trend": 80.765955, "fair_value": 70.71875, "relative_strength": 1.679885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.951137, "energy": 79.146102, "activity_lines": [ 86.550597, 85.142125, 83.321233, 82.101655 ] }, { "date": "2026-04-10", "close": 88.300003, "volume": 80728, "typical_volume": 104923.35, "trend": 81.105939, "fair_value": 70.860602, "relative_strength": -2.040079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.192491, "energy": 82.057939, "activity_lines": [ 87.25577, 85.947743, 83.93456, 82.587722 ] }, { "date": "2026-04-17", "close": 89.599998, "volume": 106935, "typical_volume": 107351.85, "trend": 81.473777, "fair_value": 71.018534, "relative_strength": -2.685123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.534736, "energy": 79.952076, "activity_lines": [ 88.236158, 86.856056, 84.617078, 83.135726 ] }, { "date": "2026-04-24", "close": 90.900002, "volume": 93825, "typical_volume": 108668.15, "trend": 81.857089, "fair_value": 71.19061, "relative_strength": 1.369862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.518082, "energy": 81.216535, "activity_lines": [ 89.34, 87.83633, 85.374837, 83.74387 ] }, { "date": "2026-05-01", "close": 87.829941, "volume": 67589, "typical_volume": 108226.45, "trend": 82.125372, "fair_value": 71.342038, "relative_strength": -0.693729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.710947, "energy": 60.040401, "activity_lines": [ 89.049981, 88.073919, 85.786811, 84.129215 ] }, { "date": "2026-05-08", "close": 87.927635, "volume": 98959, "typical_volume": 108238.25, "trend": 82.412779, "fair_value": 71.504745, "relative_strength": -0.932416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.712881, "energy": 54.008321, "activity_lines": [ 88.743863, 88.221905, 86.163869, 84.503554 ] }, { "date": "2026-05-15", "close": 86.950661, "volume": 98012, "typical_volume": 110515.15, "trend": 82.66762, "fair_value": 71.672811, "relative_strength": -0.842961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.020176, "energy": 38.809735, "activity_lines": [ 88.090245, 88.113298, 86.406371, 84.796321 ] }, { "date": "2026-05-22", "close": 85.680595, "volume": 193078, "typical_volume": 114955.5, "trend": 82.889646, "fair_value": 71.837093, "relative_strength": -5.558195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.751563, "energy": 22.251332, "activity_lines": [ 87.103227, 87.755181, 86.494682, 84.990706 ] }, { "date": "2026-05-29", "close": 86.755272, "volume": 158218, "typical_volume": 119509.9, "trend": 83.179229, "fair_value": 72.039738, "relative_strength": -3.960066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.356758, "energy": 21.626856, "activity_lines": [ 86.735729, 87.579208, 86.660018, 85.240102 ] }, { "date": "2026-06-05", "close": 85.973686, "volume": 12945, "typical_volume": 114728.6, "trend": 83.474494, "fair_value": 72.237857, "relative_strength": -3.984577, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.368018, "energy": 21.952019, "activity_lines": [ 86.384017, 87.23544, 86.72559, 85.420389 ] }, { "date": "2026-06-12", "close": 88.123024, "volume": 22837, "typical_volume": 112049.55, "trend": 83.841404, "fair_value": 72.444912, "relative_strength": -1.285958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.103914, "energy": 22.013372, "activity_lines": [ 86.872502, 87.302939, 86.975651, 85.720294 ] }, { "date": "2026-06-19", "close": 88.611511, "volume": 51906, "typical_volume": 108517.35, "trend": 84.234118, "fair_value": 72.658972, "relative_strength": -2.499111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.491044, "energy": 32.016263, "activity_lines": [ 87.51079, 87.449745, 87.239929, 86.028043 ] }, { "date": "2026-06-26", "close": 89.099998, "volume": 29393, "typical_volume": 103231.6, "trend": 84.55743, "fair_value": 72.862175, "relative_strength": -0.955712, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.236508, "energy": 43.433851, "activity_lines": [ 88.201183, 87.679702, 87.514238, 86.341971 ] }, { "date": "2026-07-03", "close": 89.099998, "volume": 16242, "typical_volume": 98669.3, "trend": 84.871221, "fair_value": 73.04845, "relative_strength": -3.546161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.716281, "energy": 61.261236, "activity_lines": [ 88.663617, 87.91875, 87.74787, 86.63504 ] }, { "date": "2026-07-10", "close": 88.0, "volume": 104032, "typical_volume": 96302.0, "trend": 85.186428, "fair_value": 73.199293, "relative_strength": -2.432172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.169192, "energy": 51.122164, "activity_lines": [ 88.603069, 87.990526, 87.836992, 86.836897 ] }, { "date": "2026-07-17", "close": 88.300003, "volume": 72816, "typical_volume": 87794.4, "trend": 85.489421, "fair_value": 73.351562, "relative_strength": -0.999406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.640964, "energy": 45.326243, "activity_lines": [ 88.507434, 88.113756, 87.925757, 87.037772 ] }, { "date": "2026-07-24", "close": 89.300003, "volume": 68399, "typical_volume": 82727.9, "trend": 85.800359, "fair_value": 73.509743, "relative_strength": -1.40103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.936903, "energy": 39.700797, "activity_lines": [ 88.733335, 88.412034, 88.087306, 87.283616 ] }, { "date": "2026-07-31", "close": 89.699997, "volume": 47674, "typical_volume": 79101.0, "trend": 86.11161, "fair_value": 73.675466, "relative_strength": -2.213939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.809598, "energy": 41.700921, "activity_lines": [ 89.046667, 88.740323, 88.270893, 87.535206 ] }, { "date": "2026-08-07", "close": 89.5, "volume": 66500, "typical_volume": 78008.5, "trend": 86.380392, "fair_value": 73.838414, "relative_strength": -4.178299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.262213, "energy": 41.985758, "activity_lines": [ 89.253334, 88.959168, 88.412823, 87.753812 ] } ], "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." } } }