{ "ticker": { "uuid": "efa3a1e7-ff98-4f37-97a3-9de51c49f53e", "symbol": "LVS", "name": "Las Vegas Sands Corp", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -66.699, "architecture_energy": 47.915, "architecture_maturity": 57.141, "architecture_confidence": 96, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 14.23, "rotation_up": 23.65, "upward_expansion": 6.41, "deceleration": 54.09, "rotation_down": 56.8, "downward_expansion": 82.08 }, "activity_lines": [ 46.467208, 46.810183, 48.514277, 49.93478 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 45.77, "trend_reference": 51.943035, "distance_from_trend": -0.118842, "trend_direction": "Weakening", "fair_value": 48.007209, "distance_from_fair_value": -0.046602, "fair_value_direction": "Weakening", "relative_strength": -25.632901, "relative_strength_direction": "Weakening", "price_momentum": -0.199407, "excess_performance": -0.325032, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.118842, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.098223, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.046602, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.140276, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.256329, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.137207, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.199407, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.492881, "read": "Supply-led" } ], "volume": { "latest": 28935366, "relative_activity": 1.307554, "balance": 0.492881, "dry_up": 1.303203, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.064456, "annualized_volatility": 0.258673, "from_high_reference": -0.343204, "from_low_reference": 0.042035 }, "levels": { "trend_reference": 51.943035, "fair_value_reference": 48.007209, "structural_low": 43.923666, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": 0.0, "positive_rate": 0.481481, "directional_follow_through": 0.481481, "median_excess_return": -0.023611, "regime_survival": 0.814815, "best_return": 0.303122, "worst_return": -0.218459, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.029912, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.066517, "regime_survival": 0.5, "best_return": 0.366268, "worst_return": -0.255406, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.065084, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.053223, "regime_survival": 0.333333, "best_return": 0.5, "worst_return": -0.26164, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.115961, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.057865, "regime_survival": 0.5, "best_return": 0.62071, "worst_return": -0.330216, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": -0.02027, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.018585, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.0415, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-06-06", "tenure": "Developing", "return": -0.034603, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.195636, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": 0.052198, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-26", "tenure": "Developing", "return": 0.038436, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": 0.16441, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-01-09", "tenure": "Developing", "return": -0.095998, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-02-13", "tenure": "Developing", "return": -0.025448, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": -0.022238, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.0125, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.051267, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.13877, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 50.558127, "volume": 17364192, "typical_volume": 20302056.8, "trend": 54.828111, "fair_value": 45.386116, "relative_strength": -3.897134, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.962816, "energy": 41.404707, "activity_lines": [ 53.039981, 53.810108, 54.634307, 54.795346 ] }, { "date": "2023-08-25", "close": 49.875678, "volume": 17409212, "typical_volume": 20455019.15, "trend": 54.635446, "fair_value": 45.389997, "relative_strength": -6.293555, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.934309, "energy": 61.636974, "activity_lines": [ 51.827592, 53.026308, 54.113351, 54.475834 ] }, { "date": "2023-09-01", "close": 52.065203, "volume": 17868836, "typical_volume": 20481085.8, "trend": 54.542212, "fair_value": 45.409125, "relative_strength": -5.016427, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.469237, "energy": 61.078561, "activity_lines": [ 51.544606, 52.737623, 53.819854, 54.310012 ] }, { "date": "2023-09-08", "close": 46.321254, "volume": 30582871, "typical_volume": 20182579.1, "trend": 54.297502, "fair_value": 45.391735, "relative_strength": -14.606765, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.97897, "energy": 77.686802, "activity_lines": [ 49.605226, 51.441698, 52.993398, 53.779627 ] }, { "date": "2023-09-15", "close": 46.198034, "volume": 24681171, "typical_volume": 19867815.7, "trend": 54.073559, "fair_value": 45.391176, "relative_strength": -14.833014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.478878, "energy": 79.583055, "activity_lines": [ 48.185352, 50.277285, 52.218233, 53.257081 ] }, { "date": "2023-09-22", "close": 43.401887, "volume": 26654037, "typical_volume": 20224284.8, "trend": 53.752318, "fair_value": 45.385045, "relative_strength": -17.68822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.519215, "energy": 85.884663, "activity_lines": [ 46.318094, 48.72148, 51.243981, 52.568586 ] }, { "date": "2023-09-29", "close": 43.449279, "volume": 22868907, "typical_volume": 20484836.1, "trend": 53.286244, "fair_value": 45.384123, "relative_strength": -17.042526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.564973, "energy": 86.307473, "activity_lines": [ 44.943717, 47.43178, 50.344873, 51.903874 ] }, { "date": "2023-10-06", "close": 43.155447, "volume": 23322499, "typical_volume": 20938218.95, "trend": 52.954899, "fair_value": 45.383921, "relative_strength": -17.844627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.52183, "energy": 87.149631, "activity_lines": [ 43.899822, 46.259926, 49.481304, 51.250274 ] }, { "date": "2023-10-13", "close": 42.45404, "volume": 18957207, "typical_volume": 20896697.25, "trend": 52.648033, "fair_value": 45.381342, "relative_strength": -19.596097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.543764, "energy": 88.166181, "activity_lines": [ 43.216109, 45.192972, 48.617521, 50.572799 ] }, { "date": "2023-10-20", "close": 42.956399, "volume": 27078232, "typical_volume": 21042724.75, "trend": 52.368619, "fair_value": 45.349831, "relative_strength": -16.67706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.371399, "energy": 83.162508, "activity_lines": [ 42.957663, 44.440554, 47.852887, 49.947532 ] }, { "date": "2023-10-27", "close": 44.586695, "volume": 27215690, "typical_volume": 21637345.0, "trend": 52.045938, "fair_value": 45.344634, "relative_strength": -11.538782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.611285, "energy": 64.815946, "activity_lines": [ 43.458758, 44.175674, 47.304082, 49.445473 ] }, { "date": "2023-11-03", "close": 46.292818, "volume": 22095039, "typical_volume": 21864334.4, "trend": 51.793983, "fair_value": 45.320583, "relative_strength": -13.279778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.912022, "energy": 46.333298, "activity_lines": [ 44.449573, 44.32957, 46.968495, 49.074304 ] }, { "date": "2023-11-10", "close": 45.443685, "volume": 17013636, "typical_volume": 21693906.25, "trend": 51.47468, "fair_value": 45.258997, "relative_strength": -15.998766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.596257, "energy": 36.486351, "activity_lines": [ 44.967775, 44.394221, 46.594508, 48.664607 ] }, { "date": "2023-11-17", "close": 46.709447, "volume": 19218358, "typical_volume": 21664501.4, "trend": 51.046434, "fair_value": 45.219936, "relative_strength": -15.581363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.730523, "energy": 24.899016, "activity_lines": [ 45.755348, 44.809401, 46.382323, 48.357173 ] }, { "date": "2023-11-24", "close": 46.557175, "volume": 10529527, "typical_volume": 21082170.4, "trend": 50.587922, "fair_value": 45.175721, "relative_strength": -16.680772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.680127, "energy": 24.319595, "activity_lines": [ 46.20847, 45.189838, 46.194098, 48.067543 ] }, { "date": "2023-12-01", "close": 44.53957, "volume": 74194394, "typical_volume": 23923872.1, "trend": 50.131428, "fair_value": 45.097259, "relative_strength": -20.751457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.354188, "energy": 22.860923, "activity_lines": [ 45.749005, 45.196908, 45.842652, 47.677327 ] }, { "date": "2023-12-08", "close": 44.149373, "volume": 25988680, "typical_volume": 23648918.45, "trend": 49.710101, "fair_value": 45.03664, "relative_strength": -21.392661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.128376, "energy": 28.528086, "activity_lines": [ 45.162617, 45.112347, 45.516064, 47.291388 ] }, { "date": "2023-12-15", "close": 45.557889, "volume": 32454713, "typical_volume": 24350304.95, "trend": 49.324075, "fair_value": 44.980933, "relative_strength": -20.512992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.795217, "energy": 29.233104, "activity_lines": [ 45.18863, 45.271152, 45.365144, 47.023503 ] }, { "date": "2023-12-22", "close": 46.557175, "volume": 22551945, "typical_volume": 24601978.4, "trend": 49.101713, "fair_value": 44.934174, "relative_strength": -19.278736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.658515, "energy": 24.65737, "activity_lines": [ 45.540124, 45.567964, 45.358827, 46.844993 ] }, { "date": "2023-12-29", "close": 46.833168, "volume": 13466780, "typical_volume": 24575796.3, "trend": 48.807, "fair_value": 44.873503, "relative_strength": -18.801456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.802027, "energy": 13.057206, "activity_lines": [ 45.993768, 45.840354, 45.417714, 46.698636 ] }, { "date": "2024-01-05", "close": 48.355888, "volume": 19309707, "typical_volume": 24673072.05, "trend": 48.577528, "fair_value": 44.832764, "relative_strength": -14.510761, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.733456, "energy": 12.48866, "activity_lines": [ 46.936586, 46.319115, 45.653216, 46.669532 ] }, { "date": "2024-01-12", "close": 47.213848, "volume": 20078099, "typical_volume": 24806516.4, "trend": 48.310934, "fair_value": 44.811832, "relative_strength": -17.628055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.432665, "energy": 16.957953, "activity_lines": [ 47.244302, 46.521702, 45.790439, 46.581552 ] }, { "date": "2024-01-19", "close": 46.490556, "volume": 21198649, "typical_volume": 24973007.05, "trend": 48.057068, "fair_value": 44.781783, "relative_strength": -19.394745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.863477, "energy": 14.646946, "activity_lines": [ 47.106623, 46.576036, 45.871452, 46.464109 ] }, { "date": "2024-01-26", "close": 47.613562, "volume": 35935607, "typical_volume": 25240643.85, "trend": 47.817966, "fair_value": 44.795808, "relative_strength": -17.740641, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.819698, "energy": 12.476803, "activity_lines": [ 47.281101, 46.815518, 46.085965, 46.435495 ] }, { "date": "2024-02-02", "close": 48.041827, "volume": 22255615, "typical_volume": 25119366.05, "trend": 47.664929, "fair_value": 44.767286, "relative_strength": -17.660561, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.331229, "energy": 10.304715, "activity_lines": [ 47.527909, 47.116428, 46.335111, 46.449938 ] }, { "date": "2024-02-09", "close": 51.229853, "volume": 27179386, "typical_volume": 25145633.5, "trend": 47.453799, "fair_value": 44.756475, "relative_strength": -12.952488, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.729607, "energy": 45.17949, "activity_lines": [ 48.756815, 47.969986, 46.879098, 46.679933 ] }, { "date": "2024-02-16", "close": 52.787195, "volume": 21352201, "typical_volume": 25069798.2, "trend": 47.451069, "fair_value": 44.730458, "relative_strength": -9.61438, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.097911, "energy": 68.489782, "activity_lines": [ 50.313237, 48.985055, 47.534127, 47.024023 ] }, { "date": "2024-02-23", "close": 52.309483, "volume": 15129654, "typical_volume": 24660155.95, "trend": 47.330084, "fair_value": 44.686725, "relative_strength": -11.424579, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.890345, "energy": 79.804772, "activity_lines": [ 51.338865, 49.756217, 48.099194, 47.337469 ] }, { "date": "2024-03-01", "close": 48.99416, "volume": 26421903, "typical_volume": 25033390.75, "trend": 47.138891, "fair_value": 44.622709, "relative_strength": -17.179778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.837208, "energy": 72.49302, "activity_lines": [ 50.871457, 49.801836, 48.304925, 47.444829 ] }, { "date": "2024-03-08", "close": 49.213908, "volume": 18602282, "typical_volume": 24609593.25, "trend": 46.997087, "fair_value": 44.560042, "relative_strength": -16.015271, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.582852, "energy": 56.561979, "activity_lines": [ 50.385258, 49.8431, 48.500442, 47.578701 ] }, { "date": "2024-03-15", "close": 48.755304, "volume": 20292245, "typical_volume": 24263421.0, "trend": 46.936993, "fair_value": 44.486623, "relative_strength": -16.206102, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.803788, "energy": 27.561986, "activity_lines": [ 49.668053, 49.757696, 48.622484, 47.692134 ] }, { "date": "2024-03-22", "close": 47.86676, "volume": 17123336, "typical_volume": 24014835.85, "trend": 46.870029, "fair_value": 44.4241, "relative_strength": -18.986397, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.459603, "energy": 23.041952, "activity_lines": [ 48.819636, 49.503476, 48.640052, 47.752119 ] }, { "date": "2024-03-29", "close": 49.395439, "volume": 11891158, "typical_volume": 23758711.95, "trend": 46.781037, "fair_value": 44.366228, "relative_strength": -16.126519, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.734525, "energy": 20.519695, "activity_lines": [ 48.808808, 49.515326, 48.795713, 47.915049 ] }, { "date": "2024-04-05", "close": 50.809467, "volume": 15589988, "typical_volume": 23577293.45, "trend": 46.930644, "fair_value": 44.316877, "relative_strength": -12.42207, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.365136, "energy": 21.1249, "activity_lines": [ 49.463592, 49.731457, 49.067227, 48.174948 ] }, { "date": "2024-04-12", "close": 48.18205, "volume": 12882743, "typical_volume": 23694954.25, "trend": 46.996778, "fair_value": 44.256374, "relative_strength": -15.12011, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.511129, "energy": 14.874908, "activity_lines": [ 49.121551, 49.411768, 49.068986, 48.255683 ] }, { "date": "2024-04-19", "close": 43.433591, "volume": 48279998, "typical_volume": 22399234.45, "trend": 46.997835, "fair_value": 44.172942, "relative_strength": -20.248136, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.578627, "energy": 15.396661, "activity_lines": [ 47.26548, 48.226173, 48.610773, 48.0258 ] }, { "date": "2024-04-26", "close": 43.424036, "volume": 33310712, "typical_volume": 22765336.05, "trend": 46.996994, "fair_value": 44.080365, "relative_strength": -21.473873, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.726499, "energy": 44.204214, "activity_lines": [ 45.761004, 47.180591, 48.156917, 47.795233 ] }, { "date": "2024-05-03", "close": 44.780739, "volume": 30335814, "typical_volume": 22659391.1, "trend": 47.05117, "fair_value": 44.018041, "relative_strength": -18.701384, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.951772, "energy": 50.299435, "activity_lines": [ 45.004945, 46.551922, 47.835725, 47.652249 ] }, { "date": "2024-05-10", "close": 44.654583, "volume": 17630812, "typical_volume": 22413334.45, "trend": 47.124521, "fair_value": 43.953697, "relative_strength": -19.638681, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.150903, "energy": 57.750234, "activity_lines": [ 44.514481, 46.037202, 47.506218, 47.49763 ] }, { "date": "2024-05-17", "close": 45.124732, "volume": 28674671, "typical_volume": 23173729.0, "trend": 47.196799, "fair_value": 43.893458, "relative_strength": -19.33895, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.618842, "energy": 55.51077, "activity_lines": [ 44.591058, 45.686864, 47.230548, 47.368611 ] }, { "date": "2024-05-24", "close": 43.061833, "volume": 24350215, "typical_volume": 23425754.4, "trend": 47.14597, "fair_value": 43.819813, "relative_strength": -22.357427, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.679991, "energy": 58.622608, "activity_lines": [ 44.183824, 45.035803, 46.766546, 47.101839 ] }, { "date": "2024-05-31", "close": 43.205756, "volume": 19891163, "typical_volume": 23416407.6, "trend": 47.043068, "fair_value": 43.754538, "relative_strength": -21.066564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.718372, "energy": 58.457015, "activity_lines": [ 43.849348, 44.514427, 46.341462, 46.847632 ] }, { "date": "2024-06-07", "close": 43.196161, "volume": 44007326, "typical_volume": 24556841.45, "trend": 46.968151, "fair_value": 43.69459, "relative_strength": -21.344306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.33457, "energy": 50.819313, "activity_lines": [ 43.526225, 44.076052, 45.934549, 46.599444 ] }, { "date": "2024-06-14", "close": 41.497867, "volume": 24961115, "typical_volume": 24008116.85, "trend": 46.794432, "fair_value": 43.639682, "relative_strength": -24.948378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.945141, "energy": 69.25323, "activity_lines": [ 42.742643, 43.441611, 45.381582, 46.246523 ] }, { "date": "2024-06-21", "close": 44.050106, "volume": 34673985, "typical_volume": 24629035.35, "trend": 46.710863, "fair_value": 43.603071, "relative_strength": -20.153868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.868255, "energy": 49.794869, "activity_lines": [ 43.020255, 43.440515, 45.100808, 46.06947 ] }, { "date": "2024-06-28", "close": 42.457355, "volume": 55764823, "typical_volume": 26058307.2, "trend": 46.641455, "fair_value": 43.553889, "relative_strength": -22.302106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.952576, "energy": 45.896946, "activity_lines": [ 42.838592, 43.224954, 44.687351, 45.79505 ] }, { "date": "2024-07-05", "close": 40.38486, "volume": 22714324, "typical_volume": 26126413.35, "trend": 46.515972, "fair_value": 43.501957, "relative_strength": -26.797813, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.110284, "energy": 58.51996, "activity_lines": [ 42.006396, 42.650325, 44.118287, 45.391398 ] }, { "date": "2024-07-12", "close": 40.998933, "volume": 20465781, "typical_volume": 26393219.7, "trend": 46.364006, "fair_value": 43.475216, "relative_strength": -25.578723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.375035, "energy": 51.010412, "activity_lines": [ 41.56695, 42.242604, 43.666766, 45.03546 ] }, { "date": "2024-07-19", "close": 39.406182, "volume": 23002165, "typical_volume": 26222232.8, "trend": 46.12564, "fair_value": 43.450677, "relative_strength": -26.363199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.649629, "energy": 79.284993, "activity_lines": [ 40.743069, 41.614052, 43.117413, 44.586569 ] }, { "date": "2024-07-26", "close": 37.59275, "volume": 33448420, "typical_volume": 26964539.7, "trend": 45.817626, "fair_value": 43.435222, "relative_strength": -28.38635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.153071, "energy": 88.720957, "activity_lines": [ 39.454157, 40.751211, 42.44101, 44.03606 ] }, { "date": "2024-08-02", "close": 36.518123, "volume": 35607366, "typical_volume": 27730295.75, "trend": 45.423034, "fair_value": 43.421841, "relative_strength": -28.128779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.144472, "energy": 91.94096, "activity_lines": [ 38.237526, 39.829927, 41.7176, 43.436092 ] }, { "date": "2024-08-09", "close": 37.199708, "volume": 33167470, "typical_volume": 28532502.45, "trend": 45.089229, "fair_value": 43.418338, "relative_strength": -26.025806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.704159, "energy": 85.809356, "activity_lines": [ 37.644039, 39.151545, 41.117376, 42.905554 ] }, { "date": "2024-08-16", "close": 38.935759, "volume": 37290325, "typical_volume": 29802460.8, "trend": 44.837403, "fair_value": 43.440557, "relative_strength": -24.828146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.994214, "energy": 67.653236, "activity_lines": [ 37.841579, 38.89801, 40.733285, 42.508556 ] }, { "date": "2024-08-23", "close": 39.157588, "volume": 20731188, "typical_volume": 30059520.8, "trend": 44.555537, "fair_value": 43.425687, "relative_strength": -24.750071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.826751, "energy": 54.879825, "activity_lines": [ 38.250606, 38.762269, 40.420129, 42.142117 ] }, { "date": "2024-08-30", "close": 37.604787, "volume": 36970718, "typical_volume": 31263919.55, "trend": 44.207636, "fair_value": 43.405587, "relative_strength": -27.171745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.888094, "energy": 49.923998, "activity_lines": [ 38.158607, 38.386751, 40.014572, 41.693681 ] }, { "date": "2024-09-06", "close": 38.289562, "volume": 24594284, "typical_volume": 30079633.85, "trend": 43.776293, "fair_value": 43.397687, "relative_strength": -22.079747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.718097, "energy": 38.412186, "activity_lines": [ 38.294063, 38.252925, 39.724599, 41.31187 ] }, { "date": "2024-09-13", "close": 38.598194, "volume": 30772327, "typical_volume": 29952714.6, "trend": 43.303326, "fair_value": 43.413988, "relative_strength": -23.888325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.09681, "energy": 35.362896, "activity_lines": [ 38.414301, 38.250992, 39.488516, 40.977799 ] }, { "date": "2024-09-20", "close": 40.48856, "volume": 24739829, "typical_volume": 29672915.35, "trend": 42.909295, "fair_value": 43.450096, "relative_strength": -20.758129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.617662, "energy": 27.667353, "activity_lines": [ 39.071428, 38.625246, 39.455447, 40.796201 ] }, { "date": "2024-09-27", "close": 49.30384, "volume": 59547804, "typical_volume": 31768764.95, "trend": 42.919618, "fair_value": 43.534963, "relative_strength": -3.70425, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 23.252219, "energy": 30.412471, "activity_lines": [ 42.563462, 40.611559, 40.282368, 41.208753 ] }, { "date": "2024-10-04", "close": 50.71197, "volume": 44515658, "typical_volume": 32560814.3, "trend": 42.969553, "fair_value": 43.628613, "relative_strength": -0.931678, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 50.589304, "energy": 66.183811, "activity_lines": [ 45.848456, 42.673938, 41.221257, 41.711485 ] }, { "date": "2024-10-11", "close": 50.991667, "volume": 34275087, "typical_volume": 33057057.9, "trend": 43.044099, "fair_value": 43.712673, "relative_strength": -1.270122, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.431339, "energy": 78.363412, "activity_lines": [ 48.35287, 44.548639, 42.160179, 42.229041 ] }, { "date": "2024-10-18", "close": 49.718563, "volume": 19604787, "typical_volume": 33042739.1, "trend": 43.105825, "fair_value": 43.801287, "relative_strength": -4.181228, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.876056, "energy": 78.795983, "activity_lines": [ 49.586109, 45.928712, 42.940091, 42.659651 ] }, { "date": "2024-10-25", "close": 50.885575, "volume": 27858840, "typical_volume": 32235314.8, "trend": 43.155497, "fair_value": 43.892478, "relative_strength": -0.514501, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.384935, "energy": 89.107302, "activity_lines": [ 50.466994, 47.293353, 43.800133, 43.161571 ] }, { "date": "2024-11-01", "close": 49.892168, "volume": 26798896, "typical_volume": 32327203.85, "trend": 43.12492, "fair_value": 43.95411, "relative_strength": -0.645237, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.386478, "energy": 84.229981, "activity_lines": [ 50.323609, 48.260105, 44.52895, 43.596195 ] }, { "date": "2024-11-08", "close": 48.783178, "volume": 35458873, "typical_volume": 32366448.25, "trend": 43.144958, "fair_value": 44.026435, "relative_strength": -6.794337, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.550977, "energy": 60.440386, "activity_lines": [ 49.771339, 48.830049, 45.112175, 43.961244 ] }, { "date": "2024-11-15", "close": 46.439881, "volume": 32504119, "typical_volume": 31203413.05, "trend": 43.245167, "fair_value": 44.092458, "relative_strength": -8.87154, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.630249, "energy": 45.20263, "activity_lines": [ 48.566556, 48.770695, 45.449691, 44.173819 ] }, { "date": "2024-11-22", "close": 48.492686, "volume": 18226846, "typical_volume": 30979039.15, "trend": 43.414122, "fair_value": 44.174001, "relative_strength": -5.941088, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.823493, "energy": 36.472514, "activity_lines": [ 48.349493, 48.93639, 45.963747, 44.512369 ] }, { "date": "2024-11-29", "close": 51.378234, "volume": 18804477, "typical_volume": 30895973.95, "trend": 43.634039, "fair_value": 44.29578, "relative_strength": -1.221864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.382003, "energy": 42.438765, "activity_lines": [ 49.176005, 49.446831, 46.714009, 45.026183 ] }, { "date": "2024-12-06", "close": 52.278757, "volume": 21250732, "typical_volume": 30808402.3, "trend": 43.888178, "fair_value": 44.402865, "relative_strength": -0.110581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.569718, "energy": 50.703398, "activity_lines": [ 50.269848, 49.92301, 47.50061, 45.583906 ] }, { "date": "2024-12-13", "close": 52.16256, "volume": 20732089, "typical_volume": 30172585.75, "trend": 44.122772, "fair_value": 44.522647, "relative_strength": 0.522932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.982183, "energy": 54.58314, "activity_lines": [ 51.165852, 50.323972, 48.214846, 46.117737 ] }, { "date": "2024-12-20", "close": 50.593907, "volume": 32482336, "typical_volume": 30016334.25, "trend": 44.373841, "fair_value": 44.6133, "relative_strength": -0.36565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.339829, "energy": 51.392752, "activity_lines": [ 51.31368, 50.41335, 48.710307, 46.53523 ] }, { "date": "2024-12-27", "close": 50.216268, "volume": 6678208, "typical_volume": 28691871.15, "trend": 44.607525, "fair_value": 44.707285, "relative_strength": -1.410984, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.317911, "energy": 57.404714, "activity_lines": [ 51.058693, 50.441299, 49.102775, 46.912161 ] }, { "date": "2025-01-03", "close": 48.82191, "volume": 10556882, "typical_volume": 27355199.0, "trend": 44.79505, "fair_value": 44.790758, "relative_strength": -3.170321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.442566, "energy": 39.887414, "activity_lines": [ 50.224015, 50.206678, 49.300463, 47.184057 ] }, { "date": "2025-01-10", "close": 45.713653, "volume": 15565515, "typical_volume": 27096915.35, "trend": 44.935576, "fair_value": 44.823485, "relative_strength": -7.092715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.489143, "energy": 17.810257, "activity_lines": [ 48.523672, 49.444442, 49.15505, 47.243321 ] }, { "date": "2025-01-17", "close": 42.992717, "volume": 25863228, "typical_volume": 26541540.85, "trend": 44.90033, "fair_value": 44.834168, "relative_strength": -14.624563, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -17.195025, "energy": 28.885869, "activity_lines": [ 46.354025, 48.263462, 48.71928, 47.117976 ] }, { "date": "2025-01-24", "close": 42.121243, "volume": 22183372, "typical_volume": 26420995.25, "trend": 44.889126, "fair_value": 44.84314, "relative_strength": -17.224383, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.154799, "energy": 47.69682, "activity_lines": [ 44.505209, 47.029314, 48.174856, 46.93868 ] }, { "date": "2025-01-31", "close": 44.377392, "volume": 41547951, "typical_volume": 26959776.45, "trend": 45.02221, "fair_value": 44.859975, "relative_strength": -11.396857, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.686891, "energy": 46.847511, "activity_lines": [ 43.973287, 46.283896, 47.827058, 46.905664 ] }, { "date": "2025-02-07", "close": 41.617725, "volume": 43303144, "typical_volume": 27887942.2, "trend": 45.042837, "fair_value": 44.853306, "relative_strength": -16.097497, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.415045, "energy": 63.982093, "activity_lines": [ 42.910734, 45.111543, 47.188914, 46.68602 ] }, { "date": "2025-02-14", "close": 42.247316, "volume": 29390461, "typical_volume": 26380075.05, "trend": 45.137541, "fair_value": 44.838806, "relative_strength": -15.331427, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.964749, "energy": 59.095597, "activity_lines": [ 42.538324, 44.231126, 46.605354, 46.505664 ] }, { "date": "2025-02-21", "close": 42.88049, "volume": 17786094, "typical_volume": 25043596.85, "trend": 45.313799, "fair_value": 44.844107, "relative_strength": -11.985066, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.825532, "energy": 40.547923, "activity_lines": [ 42.608061, 43.64822, 46.115699, 46.360048 ] }, { "date": "2025-02-28", "close": 43.552628, "volume": 22368654, "typical_volume": 24448275.2, "trend": 45.548283, "fair_value": 44.876242, "relative_strength": -9.234638, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.513798, "energy": 37.266395, "activity_lines": [ 42.909326, 43.356287, 45.72735, 46.246424 ] }, { "date": "2025-03-07", "close": 43.893568, "volume": 25227551, "typical_volume": 24729413.4, "trend": 45.771412, "fair_value": 44.937084, "relative_strength": -5.145116, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.512944, "energy": 27.876555, "activity_lines": [ 43.228812, 43.254366, 45.406895, 46.139668 ] }, { "date": "2025-03-14", "close": 42.071975, "volume": 27333897, "typical_volume": 24703166.25, "trend": 45.875952, "fair_value": 44.970869, "relative_strength": -6.475786, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.807086, "energy": 25.658263, "activity_lines": [ 42.973355, 42.936204, 44.940693, 45.900995 ] }, { "date": "2025-03-21", "close": 40.844592, "volume": 24691353, "typical_volume": 24597789.1, "trend": 45.932186, "fair_value": 44.995333, "relative_strength": -9.215949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.037647, "energy": 42.790414, "activity_lines": [ 42.278487, 42.517608, 44.399568, 45.576391 ] }, { "date": "2025-03-28", "close": 37.191665, "volume": 26891755, "typical_volume": 24169433.2, "trend": 45.918415, "fair_value": 44.994444, "relative_strength": -15.512914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.85726, "energy": 65.283432, "activity_lines": [ 40.459492, 41.523372, 43.553628, 45.012486 ] }, { "date": "2025-04-04", "close": 32.506178, "volume": 39895708, "typical_volume": 24539012.65, "trend": 45.725635, "fair_value": 44.985135, "relative_strength": -18.0999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.915429, "energy": 88.133516, "activity_lines": [ 37.457923, 39.782702, 42.316649, 44.147181 ] }, { "date": "2025-04-11", "close": 31.259312, "volume": 47712067, "typical_volume": 26013273.7, "trend": 45.481006, "fair_value": 44.961719, "relative_strength": -24.788147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.873338, "energy": 94.160535, "activity_lines": [ 34.777162, 37.990149, 41.027271, 43.21387 ] }, { "date": "2025-04-18", "close": 31.921709, "volume": 23798615, "typical_volume": 26262980.6, "trend": 45.195444, "fair_value": 44.945939, "relative_strength": -21.549359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.2328, "energy": 91.599838, "activity_lines": [ 33.159483, 36.556543, 39.883043, 42.339076 ] }, { "date": "2025-04-25", "close": 34.960944, "volume": 43152174, "typical_volume": 27358052.7, "trend": 44.717348, "fair_value": 44.955515, "relative_strength": -17.38758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.678717, "energy": 86.868822, "activity_lines": [ 33.231568, 35.851816, 39.120916, 41.678786 ] }, { "date": "2025-05-02", "close": 37.084512, "volume": 28961280, "typical_volume": 27769512.25, "trend": 44.263099, "fair_value": 44.985607, "relative_strength": -14.363537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.04348, "energy": 69.922014, "activity_lines": [ 34.403751, 35.665671, 38.643499, 41.186345 ] }, { "date": "2025-05-09", "close": 39.009666, "volume": 34954669, "typical_volume": 27893128.9, "trend": 43.863699, "fair_value": 45.025678, "relative_strength": -9.126816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.167926, "energy": 42.4711, "activity_lines": [ 36.224796, 35.934936, 38.421231, 40.847414 ] }, { "date": "2025-05-16", "close": 41.597892, "volume": 25883828, "typical_volume": 28853409.9, "trend": 43.59301, "fair_value": 45.089727, "relative_strength": -7.586182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.251383, "energy": 26.140529, "activity_lines": [ 38.475017, 36.757387, 38.500623, 40.701233 ] }, { "date": "2025-05-23", "close": 39.01947, "volume": 26664334, "typical_volume": 29658782.5, "trend": 43.197473, "fair_value": 45.130224, "relative_strength": -10.715883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.880992, "energy": 29.238728, "activity_lines": [ 39.176526, 37.152774, 38.375491, 40.406165 ] }, { "date": "2025-05-30", "close": 40.352798, "volume": 29680729, "typical_volume": 30364543.2, "trend": 42.879494, "fair_value": 45.177209, "relative_strength": -8.938949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.653862, "energy": 26.169496, "activity_lines": [ 39.849293, 37.846084, 38.424021, 40.222638 ] }, { "date": "2025-06-06", "close": 39.431233, "volume": 24687867, "typical_volume": 30305775.15, "trend": 42.567763, "fair_value": 45.227127, "relative_strength": -12.104558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.471124, "energy": 22.25683, "activity_lines": [ 39.855414, 38.380778, 38.410311, 40.00017 ] }, { "date": "2025-06-13", "close": 39.539076, "volume": 18685434, "typical_volume": 30130878.25, "trend": 42.337736, "fair_value": 45.288817, "relative_strength": -11.293178, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.556282, "energy": 13.294404, "activity_lines": [ 39.741036, 38.89436, 38.423831, 39.80477 ] }, { "date": "2025-06-20", "close": 40.862601, "volume": 22382342, "typical_volume": 29172597.8, "trend": 42.0834, "fair_value": 45.348335, "relative_strength": -7.865334, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.318249, "energy": 10.744564, "activity_lines": [ 40.032538, 39.520713, 38.575697, 39.7096 ] }, { "date": "2025-06-27", "close": 43.254749, "volume": 21781106, "typical_volume": 28096495.9, "trend": 41.812617, "fair_value": 45.411985, "relative_strength": -5.53335, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.319074, "energy": 19.587805, "activity_lines": [ 41.170443, 40.407397, 38.972124, 39.785171 ] }, { "date": "2025-07-04", "close": 47.274343, "volume": 24054274, "typical_volume": 27829686.55, "trend": 41.645803, "fair_value": 45.506851, "relative_strength": 1.473983, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.955365, "energy": 62.20866, "activity_lines": [ 43.36586, 41.81886, 39.743574, 40.137541 ] }, { "date": "2025-07-11", "close": 48.833161, "volume": 19180890, "typical_volume": 27899426.35, "trend": 41.534823, "fair_value": 45.610801, "relative_strength": 4.995714, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 58.619301, "energy": 76.691655, "activity_lines": [ 45.619447, 43.289865, 40.639545, 40.601241 ] }, { "date": "2025-07-18", "close": 47.715518, "volume": 20994955, "typical_volume": 27830741.4, "trend": 41.438877, "fair_value": 45.680581, "relative_strength": 1.857084, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.551035, "energy": 76.021624, "activity_lines": [ 46.873691, 44.34405, 41.400727, 40.999996 ] }, { "date": "2025-07-25", "close": 51.382171, "volume": 38952596, "typical_volume": 28516993.65, "trend": 41.47774, "fair_value": 45.781737, "relative_strength": 7.746979, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.933202, "energy": 94.17229, "activity_lines": [ 48.805056, 45.906611, 42.491291, 41.641499 ] }, { "date": "2025-08-01", "close": 51.235113, "volume": 26035732, "typical_volume": 28452085.4, "trend": 41.55818, "fair_value": 45.877832, "relative_strength": 9.729061, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.944021, "energy": 91.260854, "activity_lines": [ 49.986098, 47.264539, 43.53219, 42.271007 ] }, { "date": "2025-08-08", "close": 51.844973, "volume": 15332034, "typical_volume": 27984119.45, "trend": 41.762558, "fair_value": 45.976021, "relative_strength": 8.044958, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.518498, "energy": 90.399604, "activity_lines": [ 50.838402, 48.511247, 44.587536, 42.934671 ] }, { "date": "2025-08-15", "close": 52.859609, "volume": 20878192, "typical_volume": 27683441.3, "trend": 42.091454, "fair_value": 46.087011, "relative_strength": 8.78113, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.741551, "energy": 90.676115, "activity_lines": [ 51.724209, 49.733487, 45.687132, 43.650609 ] }, { "date": "2025-08-22", "close": 54.228876, "volume": 19742384, "typical_volume": 26675775.1, "trend": 42.495042, "fair_value": 46.204961, "relative_strength": 10.894063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.094112, "energy": 89.848789, "activity_lines": [ 52.798009, 50.960531, 46.842525, 44.433669 ] }, { "date": "2025-08-29", "close": 56.770393, "volume": 19592359, "typical_volume": 25269789.7, "trend": 42.908142, "fair_value": 46.349619, "relative_strength": 15.537961, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.730355, "energy": 91.60031, "activity_lines": [ 54.284757, 52.382582, 48.136525, 45.354659 ] }, { "date": "2025-09-05", "close": 52.899013, "volume": 21037397, "typical_volume": 25131728.8, "trend": 43.284185, "fair_value": 46.457591, "relative_strength": 7.024796, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.522212, "energy": 67.59297, "activity_lines": [ 54.12183, 52.811514, 48.940342, 45.999232 ] }, { "date": "2025-09-12", "close": 52.701996, "volume": 27521358, "typical_volume": 24350188.0, "trend": 43.632674, "fair_value": 46.561455, "relative_strength": 4.69634, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.494471, "energy": 64.550027, "activity_lines": [ 53.782305, 53.029273, 49.625503, 46.606832 ] }, { "date": "2025-09-19", "close": 53.066477, "volume": 37256548, "typical_volume": 24764951.4, "trend": 43.972207, "fair_value": 46.68685, "relative_strength": 3.929903, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.602148, "energy": 60.185381, "activity_lines": [ 53.507138, 53.214618, 50.260895, 47.215465 ] }, { "date": "2025-09-26", "close": 53.204389, "volume": 20072982, "typical_volume": 24020867.05, "trend": 44.293932, "fair_value": 46.800716, "relative_strength": 4.677306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.141296, "energy": 47.715362, "activity_lines": [ 53.264151, 53.348068, 50.833317, 47.811089 ] }, { "date": "2025-10-03", "close": 50.209733, "volume": 23656702, "typical_volume": 23909510.75, "trend": 44.504471, "fair_value": 46.865231, "relative_strength": -1.94821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.614689, "energy": 36.681479, "activity_lines": [ 52.091244, 52.837237, 51.05294, 48.192754 ] }, { "date": "2025-10-10", "close": 48.870019, "volume": 26416993, "typical_volume": 23897143.7, "trend": 44.731073, "fair_value": 46.96524, "relative_strength": -1.847882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.615333, "energy": 25.027764, "activity_lines": [ 50.909143, 52.104139, 51.103962, 48.474402 ] }, { "date": "2025-10-17", "close": 47.815979, "volume": 35732981, "typical_volume": 24199756.3, "trend": 44.963452, "fair_value": 47.035179, "relative_strength": -5.271251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.080242, "energy": 22.737731, "activity_lines": [ 49.644295, 51.2224, 51.007693, 48.673428 ] }, { "date": "2025-10-24", "close": 56.740841, "volume": 35429929, "typical_volume": 24736859.4, "trend": 45.615091, "fair_value": 47.174319, "relative_strength": 10.419664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.283237, "energy": 27.722909, "activity_lines": [ 51.680136, 52.036617, 51.725871, 49.43326 ] }, { "date": "2025-10-31", "close": 58.464738, "volume": 24545253, "typical_volume": 25029850.35, "trend": 46.480377, "fair_value": 47.305435, "relative_strength": 13.049741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.19354, "energy": 48.476819, "activity_lines": [ 54.045651, 53.093701, 52.525803, 50.262269 ] }, { "date": "2025-11-07", "close": 64.499395, "volume": 29846438, "typical_volume": 25403055.15, "trend": 47.58838, "fair_value": 47.456585, "relative_strength": 26.344505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.909665, "energy": 83.910755, "activity_lines": [ 58.072028, 55.170981, 53.810342, 51.424787 ] }, { "date": "2025-11-14", "close": 64.667542, "volume": 31960183, "typical_volume": 25912009.0, "trend": 48.679907, "fair_value": 47.606997, "relative_strength": 25.983449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.585677, "energy": 93.249335, "activity_lines": [ 61.201811, 57.138305, 54.998339, 52.526668 ] }, { "date": "2025-11-21", "close": 63.609202, "volume": 24842051, "typical_volume": 25951397.85, "trend": 49.634849, "fair_value": 47.753349, "relative_strength": 25.900315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.71655, "energy": 88.907408, "activity_lines": [ 62.925645, 58.699231, 55.983576, 53.489849 ] }, { "date": "2025-11-28", "close": 67.417248, "volume": 16522828, "typical_volume": 25818494.75, "trend": 50.64594, "fair_value": 47.895108, "relative_strength": 28.283567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.642412, "energy": 93.466398, "activity_lines": [ 64.865947, 60.754216, 57.253699, 54.6371 ] }, { "date": "2025-12-05", "close": 65.528062, "volume": 27655159, "typical_volume": 26151504.95, "trend": 51.529887, "fair_value": 48.028693, "relative_strength": 24.006562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.289127, "energy": 85.308005, "activity_lines": [ 65.464759, 62.204789, 58.255403, 55.597237 ] }, { "date": "2025-12-12", "close": 64.529068, "volume": 27885403, "typical_volume": 25598145.3, "trend": 52.29426, "fair_value": 48.154783, "relative_strength": 22.597464, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.505019, "energy": 63.270513, "activity_lines": [ 65.259685, 63.24966, 59.077144, 56.435894 ] }, { "date": "2025-12-19", "close": 66.220434, "volume": 31614073, "typical_volume": 25877062.35, "trend": 53.200958, "fair_value": 48.29759, "relative_strength": 25.325707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.419872, "energy": 62.168823, "activity_lines": [ 65.616422, 64.341701, 59.997363, 57.334357 ] }, { "date": "2025-12-26", "close": 65.478607, "volume": 11098472, "typical_volume": 25665384.25, "trend": 54.038485, "fair_value": 48.426255, "relative_strength": 21.890936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.983557, "energy": 55.267067, "activity_lines": [ 65.622356, 64.983402, 60.775574, 58.126463 ] }, { "date": "2026-01-02", "close": 64.499395, "volume": 14155932, "typical_volume": 25329271.25, "trend": 54.874091, "fair_value": 48.527451, "relative_strength": 20.994956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.084944, "energy": 49.913107, "activity_lines": [ 65.17726, 65.125926, 61.395604, 58.80136 ] }, { "date": "2026-01-09", "close": 58.307611, "volume": 34474289, "typical_volume": 26065866.5, "trend": 55.499709, "fair_value": 48.568368, "relative_strength": 7.547056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.694754, "energy": 29.64218, "activity_lines": [ 62.862759, 64.001606, 61.370512, 59.022878 ] }, { "date": "2026-01-16", "close": 58.307611, "volume": 34533640, "typical_volume": 26812930.55, "trend": 56.081209, "fair_value": 48.611708, "relative_strength": 7.616737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.71839, "energy": 22.002387, "activity_lines": [ 61.029622, 62.880144, 61.325998, 59.204033 ] }, { "date": "2026-01-23", "close": 59.296714, "volume": 25017333, "typical_volume": 27011927.35, "trend": 56.615941, "fair_value": 48.635048, "relative_strength": 9.400042, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.345178, "energy": 26.755574, "activity_lines": [ 59.94095, 62.051096, 61.368365, 59.411485 ] }, { "date": "2026-01-30", "close": 52.155392, "volume": 48240855, "typical_volume": 28047902.2, "trend": 56.778643, "fair_value": 48.617697, "relative_strength": -4.17448, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -24.152386, "energy": 35.415937, "activity_lines": [ 56.933418, 60.021277, 60.70014, 59.123707 ] }, { "date": "2026-02-06", "close": 57.170143, "volume": 35291512, "typical_volume": 27949650.4, "trend": 57.056542, "fair_value": 48.640181, "relative_strength": 4.918817, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.554858, "energy": 33.581365, "activity_lines": [ 56.485684, 59.111482, 60.512113, 59.148965 ] }, { "date": "2026-02-13", "close": 56.823801, "volume": 24555080, "typical_volume": 28173755.3, "trend": 57.360152, "fair_value": 48.665229, "relative_strength": 5.30002, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.653206, "energy": 32.283661, "activity_lines": [ 56.411119, 58.325027, 60.27156, 59.13395 ] }, { "date": "2026-02-20", "close": 57.678893, "volume": 13742552, "typical_volume": 27678047.8, "trend": 57.570042, "fair_value": 48.694971, "relative_strength": 5.403278, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.605826, "energy": 31.199564, "activity_lines": [ 56.720506, 57.852303, 60.095209, 59.154514 ] }, { "date": "2026-02-27", "close": 56.396256, "volume": 26638396, "typical_volume": 27689117.95, "trend": 57.74208, "fair_value": 48.688335, "relative_strength": 3.374441, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.89961, "energy": 20.01497, "activity_lines": [ 56.644262, 57.27092, 59.761135, 59.078786 ] }, { "date": "2026-03-06", "close": 53.294064, "volume": 19820399, "typical_volume": 26893488.85, "trend": 57.790383, "fair_value": 48.689606, "relative_strength": -0.386429, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.415199, "energy": 28.225477, "activity_lines": [ 55.727318, 56.304124, 59.095775, 58.791817 ] }, { "date": "2026-03-13", "close": 53.373607, "volume": 17489734, "typical_volume": 25996479.1, "trend": 57.807517, "fair_value": 48.700591, "relative_strength": 1.16084, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.845205, "energy": 33.418018, "activity_lines": [ 54.760976, 55.573327, 58.411904, 58.506864 ] }, { "date": "2026-03-20", "close": 52.627888, "volume": 22093635, "typical_volume": 25873898.2, "trend": 57.75415, "fair_value": 48.708854, "relative_strength": 1.383492, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.898892, "energy": 49.096635, "activity_lines": [ 53.799164, 54.909233, 57.673047, 58.172694 ] }, { "date": "2026-03-27", "close": 51.394966, "volume": 18441352, "typical_volume": 25303643.9, "trend": 57.574969, "fair_value": 48.690442, "relative_strength": 0.945439, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.83164, "energy": 57.513183, "activity_lines": [ 52.706106, 54.124238, 56.844563, 57.762424 ] }, { "date": "2026-04-03", "close": 54.02984, "volume": 11756810, "typical_volume": 24293475.25, "trend": 57.612664, "fair_value": 48.691586, "relative_strength": 2.179161, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.443327, "energy": 54.23403, "activity_lines": [ 52.910267, 53.943996, 56.329422, 57.533706 ] }, { "date": "2026-04-10", "close": 53.14492, "volume": 15025269, "typical_volume": 23802636.15, "trend": 57.627428, "fair_value": 48.679548, "relative_strength": -3.427364, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.12943, "energy": 47.141783, "activity_lines": [ 52.977216, 53.69862, 55.780658, 57.245465 ] }, { "date": "2026-04-17", "close": 57.311005, "volume": 15378405, "typical_volume": 23745415.0, "trend": 57.768912, "fair_value": 48.665152, "relative_strength": -0.812335, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.651142, "energy": 25.373664, "activity_lines": [ 54.442803, 54.192723, 55.678494, 57.22505 ] }, { "date": "2026-04-24", "close": 52.508573, "volume": 29201424, "typical_volume": 23822728.25, "trend": 57.745718, "fair_value": 48.615127, "relative_strength": -9.806404, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.909154, "energy": 24.042349, "activity_lines": [ 54.045086, 53.811096, 55.16708, 56.885673 ] }, { "date": "2026-05-01", "close": 53.482979, "volume": 26722653, "typical_volume": 23764590.75, "trend": 57.854826, "fair_value": 48.584669, "relative_strength": -9.160121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.914676, "energy": 23.447677, "activity_lines": [ 53.980125, 53.685092, 54.810465, 56.610658 ] }, { "date": "2026-05-08", "close": 53.11, "volume": 29800734, "typical_volume": 23673923.8, "trend": 57.996159, "fair_value": 48.561084, "relative_strength": -11.912167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.794862, "energy": 24.384591, "activity_lines": [ 53.651638, 53.567563, 54.470928, 56.30454 ] }, { "date": "2026-05-15", "close": 51.16, "volume": 21196012, "typical_volume": 24178800.8, "trend": 58.107627, "fair_value": 48.522759, "relative_strength": -15.292532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.399233, "energy": 45.81914, "activity_lines": [ 52.734473, 53.155238, 54.008108, 55.863498 ] }, { "date": "2026-05-22", "close": 49.43, "volume": 22989467, "typical_volume": 24620477.55, "trend": 57.863932, "fair_value": 48.498413, "relative_strength": -18.831599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.034128, "energy": 59.903901, "activity_lines": [ 51.372969, 52.46717, 53.44871, 55.303651 ] }, { "date": "2026-05-29", "close": 50.57, "volume": 14626862, "typical_volume": 23628106.2, "trend": 57.600774, "fair_value": 48.465692, "relative_strength": -18.103236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.142833, "energy": 58.621411, "activity_lines": [ 50.916865, 52.058076, 53.069642, 54.833075 ] }, { "date": "2026-06-05", "close": 50.25, "volume": 17609316, "typical_volume": 22781890.0, "trend": 57.125794, "fair_value": 48.433704, "relative_strength": -16.563525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.826705, "energy": 59.16307, "activity_lines": [ 50.483333, 51.628216, 52.696944, 54.358831 ] }, { "date": "2026-06-12", "close": 50.67, "volume": 17552565, "typical_volume": 22408651.6, "trend": 56.659209, "fair_value": 48.404591, "relative_strength": -16.368576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.136231, "energy": 50.063252, "activity_lines": [ 50.405333, 51.295538, 52.402615, 53.942328 ] }, { "date": "2026-06-19", "close": 48.72, "volume": 26445622, "typical_volume": 21318889.95, "trend": 56.162903, "fair_value": 48.370062, "relative_strength": -20.247427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.116682, "energy": 44.762461, "activity_lines": [ 49.84, 50.669402, 51.963651, 53.430121 ] }, { "date": "2026-06-26", "close": 47.12, "volume": 26207197, "typical_volume": 20864674.2, "trend": 55.486328, "fair_value": 48.320917, "relative_strength": -20.867853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.364223, "energy": 53.110528, "activity_lines": [ 48.904, 49.83281, 51.388666, 52.846708 ] }, { "date": "2026-07-03", "close": 46.685661, "volume": 15495598, "typical_volume": 20411700.1, "trend": 54.858248, "fair_value": 48.282793, "relative_strength": -23.010256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.22917, "energy": 61.987912, "activity_lines": [ 47.97722, 49.102538, 50.820173, 52.278923 ] }, { "date": "2026-07-10", "close": 46.387604, "volume": 18782033, "typical_volume": 20663674.15, "trend": 54.253532, "fair_value": 48.211151, "relative_strength": -24.214984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.461108, "energy": 68.706115, "activity_lines": [ 47.210044, 48.423945, 50.27157, 51.73243 ] }, { "date": "2026-07-17", "close": 45.066218, "volume": 20788624, "typical_volume": 20371185.55, "trend": 53.548392, "fair_value": 48.161133, "relative_strength": -24.929623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.745583, "energy": 76.388674, "activity_lines": [ 46.259899, 47.634107, 49.650889, 51.1397 ] }, { "date": "2026-07-24", "close": 45.781554, "volume": 33816904, "typical_volume": 21071010.8, "trend": 52.891823, "fair_value": 48.096021, "relative_strength": -22.928644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.909726, "energy": 76.635577, "activity_lines": [ 45.921785, 47.120581, 49.152288, 50.638614 ] }, { "date": "2026-07-31", "close": 48.573355, "volume": 31815429, "typical_volume": 21787295.55, "trend": 52.360955, "fair_value": 48.056555, "relative_strength": -18.759799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.008152, "energy": 48.969477, "activity_lines": [ 46.710168, 47.212445, 48.955346, 50.360003 ] }, { "date": "2026-08-07", "close": 45.77, "volume": 28935366, "typical_volume": 22129382.1, "trend": 51.943035, "fair_value": 48.007209, "relative_strength": -25.632901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.698544, "energy": 47.915292, "activity_lines": [ 46.467208, 46.810183, 48.514277, 49.93478 ] } ], "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." } } }