{ "ticker": { "uuid": "f05bed9a-4ed6-419b-b3bf-8152302d4806", "symbol": "DAL", "name": "Delta Air Lines, Inc.", "exchange": "MEX", "country": "MX", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 60.954, "architecture_energy": 49.34, "architecture_maturity": 88.247, "architecture_confidence": 64.007, "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": 20.92, "rotation_up": 45.24, "upward_expansion": 69.95, "deceleration": 65.25, "rotation_down": 27.2, "downward_expansion": 19.95 }, "activity_lines": [ 1529.07067, 1531.223061, 1454.985117, 1384.385861 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 1570.0, "trend_reference": 1306.497641, "distance_from_trend": 0.201686, "trend_direction": "Improving", "fair_value": 1007.748679, "distance_from_fair_value": 0.557928, "fair_value_direction": "Improving", "relative_strength": 24.118281, "relative_strength_direction": "Improving", "price_momentum": 0.210861, "excess_performance": 0.265528, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.201686, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.085109, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.557928, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.236876, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.241183, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.225042, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.210861, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.834505, "read": "Supply-led" } ], "volume": { "latest": 592, "relative_activity": 0.196629, "balance": 0.834505, "dry_up": 0.156605, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.05401, "annualized_volatility": 0.406662, "from_high_reference": -0.046271, "from_low_reference": 0.572317 }, "levels": { "trend_reference": 1306.497641, "fair_value_reference": 1007.748679, "structural_low": 999.846205, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": -0.030663, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.020832, "regime_survival": 0.714286, "best_return": 0.253355, "worst_return": -0.239668, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.127882, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.090627, "regime_survival": 0.375, "best_return": 0.302539, "worst_return": -0.373253, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.059138, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.121436, "regime_survival": 0.2, "best_return": 0.179229, "worst_return": -0.234087, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.166401, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.171531, "regime_survival": 0.0, "best_return": 0.4706, "worst_return": -0.137798, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-09-13", "tenure": "Developing", "return": 0.161875, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-20", "end": "2024-09-27", "tenure": "New", "return": 0.109649, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-02-28", "tenure": "Established", "return": 0.341079, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.220622, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-07-11", "tenure": "Established", "return": 0.302789, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": 0.096997, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": -0.002948, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-03", "tenure": "New", "return": -0.046901, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-11-28", "tenure": "Developing", "return": 0.107228, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-01-30", "tenure": "Developing", "return": -0.078431, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": -0.192627, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": 0.15547, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-05-22", "tenure": "Developing", "return": 0.133561, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.086505, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 715.133789, "volume": 3624, "typical_volume": 9845.45, "trend": 689.860193, "fair_value": 759.759189, "relative_strength": 3.270784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.17239, "energy": 28.334893, "activity_lines": [ 747.117639, 764.962869, 731.815878, 707.151871 ] }, { "date": "2023-08-25", "close": 688.847778, "volume": 311, "typical_volume": 9772.6, "trend": 688.565381, "fair_value": 759.726145, "relative_strength": -0.371651, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.363985, "energy": 26.75292, "activity_lines": [ 722.577356, 750.491725, 731.195254, 707.086554 ] }, { "date": "2023-09-01", "close": 718.797546, "volume": 400, "typical_volume": 8683.7, "trend": 687.503601, "fair_value": 759.960078, "relative_strength": 4.047721, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.189334, "energy": 28.048969, "activity_lines": [ 717.105131, 742.167899, 733.055818, 709.037016 ] }, { "date": "2023-09-08", "close": 720.295105, "volume": 1705, "typical_volume": 7299.85, "trend": 687.855957, "fair_value": 760.25781, "relative_strength": 5.533677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.949727, "energy": 22.587017, "activity_lines": [ 714.993982, 734.332523, 734.516747, 711.152597 ] }, { "date": "2023-09-15", "close": 677.666443, "volume": 10175, "typical_volume": 7167.9, "trend": 687.073511, "fair_value": 760.167424, "relative_strength": 1.677169, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.31921, "energy": 24.389944, "activity_lines": [ 701.248975, 720.471751, 731.415898, 710.495209 ] }, { "date": "2023-09-22", "close": 642.545227, "volume": 8600, "typical_volume": 7446.6, "trend": 685.932233, "fair_value": 760.035866, "relative_strength": -4.142457, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.873165, "energy": 37.862581, "activity_lines": [ 680.714673, 702.877185, 724.652245, 707.622417 ] }, { "date": "2023-09-29", "close": 653.906128, "volume": 6319, "typical_volume": 7669.15, "trend": 684.287899, "fair_value": 759.831307, "relative_strength": -0.933863, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.611788, "energy": 60.493371, "activity_lines": [ 668.806576, 689.760204, 718.781874, 705.556216 ] }, { "date": "2023-10-06", "close": 672.87439, "volume": 2314, "typical_volume": 7397.0, "trend": 683.7633, "fair_value": 759.697405, "relative_strength": 4.402663, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.877643, "energy": 57.394252, "activity_lines": [ 665.550676, 683.204974, 714.375375, 704.819861 ] }, { "date": "2023-10-13", "close": 617.062744, "volume": 14986, "typical_volume": 7859.85, "trend": 683.702466, "fair_value": 759.403522, "relative_strength": -3.519759, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.812223, "energy": 68.295377, "activity_lines": [ 646.752437, 668.117654, 704.458196, 700.516599 ] }, { "date": "2023-10-20", "close": 594.596863, "volume": 26878, "typical_volume": 7063.25, "trend": 684.057347, "fair_value": 758.678322, "relative_strength": -4.671332, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.005302, "energy": 76.802203, "activity_lines": [ 627.34773, 651.525042, 692.487104, 694.767851 ] }, { "date": "2023-10-27", "close": 557.153748, "volume": 425, "typical_volume": 6828.3, "trend": 681.701086, "fair_value": 758.180211, "relative_strength": -11.61091, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.992891, "energy": 85.369583, "activity_lines": [ 600.999955, 630.97616, 677.21003, 686.580522 ] }, { "date": "2023-11-03", "close": 552.261108, "volume": 421, "typical_volume": 6354.15, "trend": 679.746389, "fair_value": 757.571458, "relative_strength": -16.097324, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.586596, "energy": 94.331956, "activity_lines": [ 578.714067, 612.410071, 662.053294, 678.229555 ] }, { "date": "2023-11-10", "close": 594.596863, "volume": 2760, "typical_volume": 6263.35, "trend": 679.402189, "fair_value": 756.620383, "relative_strength": -9.414727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.665605, "energy": 87.022709, "activity_lines": [ 577.316431, 604.024786, 651.76278, 672.736038 ] }, { "date": "2023-11-17", "close": 616.194092, "volume": 36003, "typical_volume": 7730.95, "trend": 679.445496, "fair_value": 755.797385, "relative_strength": -8.55318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.847836, "energy": 81.467495, "activity_lines": [ 588.336373, 601.824464, 644.177192, 668.658096 ] }, { "date": "2023-11-24", "close": 615.065796, "volume": 1145, "typical_volume": 7305.5, "trend": 679.584288, "fair_value": 754.449687, "relative_strength": -8.945605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.73739, "energy": 56.117923, "activity_lines": [ 599.038127, 601.311743, 637.431723, 664.504567 ] }, { "date": "2023-12-01", "close": 652.009705, "volume": 24022, "typical_volume": 7797.15, "trend": 681.22073, "fair_value": 753.297474, "relative_strength": -5.05557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.295448, "energy": 30.067621, "activity_lines": [ 620.689921, 608.65429, 635.19736, 662.725561 ] }, { "date": "2023-12-08", "close": 703.651184, "volume": 15278, "typical_volume": 8220.3, "trend": 685.277301, "fair_value": 752.433103, "relative_strength": 1.545834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.663904, "energy": 25.26365, "activity_lines": [ 653.231812, 625.214116, 638.467869, 664.172688 ] }, { "date": "2023-12-15", "close": 728.882874, "volume": 14913, "typical_volume": 8677.95, "trend": 688.511249, "fair_value": 751.954431, "relative_strength": 0.189209, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 22.420459, "energy": 38.619017, "activity_lines": [ 684.091594, 645.457066, 644.719819, 666.98595 ] }, { "date": "2023-12-22", "close": 694.475159, "volume": 4975, "typical_volume": 8809.75, "trend": 690.491801, "fair_value": 751.357576, "relative_strength": -4.776144, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.735344, "energy": 41.530005, "activity_lines": [ 694.529737, 658.425732, 647.851239, 667.370719 ] }, { "date": "2023-12-29", "close": 676.662292, "volume": 4231, "typical_volume": 8974.25, "trend": 691.407107, "fair_value": 750.565336, "relative_strength": -7.172943, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.291432, "energy": 40.13779, "activity_lines": [ 693.811519, 666.748196, 649.593125, 666.478492 ] }, { "date": "2024-01-05", "close": 682.962646, "volume": 1194, "typical_volume": 8852.75, "trend": 691.496615, "fair_value": 749.805101, "relative_strength": -4.156933, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 3.347018, "energy": 31.216846, "activity_lines": [ 691.086987, 674.72408, 652.291097, 665.933688 ] }, { "date": "2024-01-12", "close": 649.862915, "volume": 6949, "typical_volume": 9184.65, "trend": 688.910291, "fair_value": 748.892836, "relative_strength": -7.612336, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.887202, "energy": 13.609187, "activity_lines": [ 675.265682, 674.394397, 651.989909, 663.247643 ] }, { "date": "2024-01-19", "close": 631.970093, "volume": 7589, "typical_volume": 9544.1, "trend": 685.619737, "fair_value": 747.83772, "relative_strength": -9.603994, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.43765, "energy": 25.402134, "activity_lines": [ 657.065987, 669.036895, 650.170286, 659.574082 ] }, { "date": "2024-01-26", "close": 678.96875, "volume": 2138, "typical_volume": 9565.75, "trend": 681.079197, "fair_value": 747.199054, "relative_strength": -5.084781, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.717897, "energy": 18.491562, "activity_lines": [ 660.993363, 671.545091, 653.240189, 659.144986 ] }, { "date": "2024-02-02", "close": 678.96875, "volume": 3838, "typical_volume": 9248.9, "trend": 676.260824, "fair_value": 746.266045, "relative_strength": -7.00283, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.552956, "energy": 16.969514, "activity_lines": [ 665.9545, 672.911928, 656.506884, 659.008828 ] }, { "date": "2024-02-09", "close": 688.953613, "volume": 9065, "typical_volume": 9272.15, "trend": 673.385832, "fair_value": 745.163488, "relative_strength": -3.933172, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.058031, "energy": 11.167973, "activity_lines": [ 674.090161, 674.932324, 660.718317, 659.827718 ] }, { "date": "2024-02-16", "close": 687.955139, "volume": 92633, "typical_volume": 13587.85, "trend": 668.813676, "fair_value": 743.596954, "relative_strength": -3.597116, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.761088, "energy": 28.645707, "activity_lines": [ 681.493599, 676.099472, 664.613665, 660.767673 ] }, { "date": "2024-02-23", "close": 710.060425, "volume": 6316, "typical_volume": 13787.95, "trend": 667.091494, "fair_value": 741.734319, "relative_strength": 0.378369, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.912702, "energy": 46.721601, "activity_lines": [ 693.725985, 681.571145, 670.45214, 663.428754 ] }, { "date": "2024-03-01", "close": 714.803894, "volume": 187836, "typical_volume": 22430.45, "trend": 665.620605, "fair_value": 740.032176, "relative_strength": 3.110297, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.178655, "energy": 66.717255, "activity_lines": [ 702.333504, 688.247493, 676.565298, 666.506973 ] }, { "date": "2024-03-08", "close": 710.020447, "volume": 3521, "typical_volume": 21262.6, "trend": 664.240184, "fair_value": 737.960941, "relative_strength": 3.558464, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.870125, "energy": 67.919646, "activity_lines": [ 706.957532, 693.68451, 681.757455, 669.371479 ] }, { "date": "2024-03-15", "close": 720.705688, "volume": 21469, "typical_volume": 22314.8, "trend": 664.425913, "fair_value": 736.058981, "relative_strength": 2.558796, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.36693, "energy": 70.7919, "activity_lines": [ 713.073193, 700.457787, 687.417618, 673.014415 ] }, { "date": "2024-03-22", "close": 768.429871, "volume": 14513, "typical_volume": 23019.4, "trend": 667.07865, "fair_value": 734.778084, "relative_strength": 8.19437, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.342426, "energy": 83.742114, "activity_lines": [ 732.980111, 715.22195, 696.844123, 679.724348 ] }, { "date": "2024-03-29", "close": 783.918518, "volume": 3158, "typical_volume": 23039.3, "trend": 669.249349, "fair_value": 733.513225, "relative_strength": 8.580181, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.693002, "energy": 88.411818, "activity_lines": [ 752.684928, 730.646469, 706.716362, 687.262404 ] }, { "date": "2024-04-05", "close": 756.596252, "volume": 4916, "typical_volume": 21484.95, "trend": 670.459387, "fair_value": 732.04763, "relative_strength": 3.237566, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.947518, "energy": 78.460145, "activity_lines": [ 758.358451, 738.340604, 713.084948, 692.897688 ] }, { "date": "2024-04-12", "close": 777.237732, "volume": 10635, "typical_volume": 21959.45, "trend": 673.77843, "fair_value": 731.066281, "relative_strength": 8.480768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.160535, "energy": 84.31543, "activity_lines": [ 768.12631, 748.376326, 720.750809, 699.786613 ] }, { "date": "2024-04-19", "close": 818.8703, "volume": 3996, "typical_volume": 20958.15, "trend": 679.655933, "fair_value": 730.492582, "relative_strength": 15.151522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.91411, "energy": 86.621389, "activity_lines": [ 787.290539, 764.194897, 731.609428, 709.147379 ] }, { "date": "2024-04-26", "close": 852.733521, "volume": 18534, "typical_volume": 21120.95, "trend": 686.283512, "fair_value": 729.89197, "relative_strength": 15.189569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.885719, "energy": 92.188307, "activity_lines": [ 811.198202, 783.808296, 744.898542, 720.313675 ] }, { "date": "2024-05-03", "close": 868.262207, "volume": 1493, "typical_volume": 20449.95, "trend": 692.79644, "fair_value": 729.570897, "relative_strength": 17.972985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.865986, "energy": 94.561336, "activity_lines": [ 834.661849, 803.249122, 758.956662, 732.054236 ] }, { "date": "2024-05-10", "close": 876.790405, "volume": 2598, "typical_volume": 20331.1, "trend": 701.454028, "fair_value": 729.31729, "relative_strength": 17.124527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.205319, "energy": 92.993587, "activity_lines": [ 855.345317, 821.364133, 773.16328, 743.924814 ] }, { "date": "2024-05-17", "close": 876.890259, "volume": 9129, "typical_volume": 20576.0, "trend": 710.863808, "fair_value": 729.128312, "relative_strength": 16.790585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.723413, "energy": 90.552792, "activity_lines": [ 868.049125, 836.552091, 786.511241, 755.243281 ] }, { "date": "2024-05-24", "close": 848.92572, "volume": 878, "typical_volume": 20560.2, "trend": 720.589541, "fair_value": 728.497723, "relative_strength": 16.879126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.018305, "energy": 80.928088, "activity_lines": [ 864.787919, 843.62159, 796.242446, 764.150501 ] }, { "date": "2024-05-31", "close": 855.916809, "volume": 896, "typical_volume": 20257.55, "trend": 730.711397, "fair_value": 728.110311, "relative_strength": 17.768181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.742504, "energy": 65.124982, "activity_lines": [ 861.853381, 849.630923, 805.849168, 772.881292 ] }, { "date": "2024-06-07", "close": 924.82959, "volume": 3347, "typical_volume": 20045.45, "trend": 741.719155, "fair_value": 728.107059, "relative_strength": 31.582739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.163754, "energy": 71.950471, "activity_lines": [ 881.677551, 866.57918, 821.037803, 785.405047 ] }, { "date": "2024-06-14", "close": 891.871216, "volume": 6596, "typical_volume": 20268.35, "trend": 750.908392, "fair_value": 727.817349, "relative_strength": 28.018813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.274197, "energy": 62.575551, "activity_lines": [ 886.744438, 874.972987, 831.692977, 795.092277 ] }, { "date": "2024-06-21", "close": 899.861145, "volume": 1452, "typical_volume": 20149.05, "trend": 760.401571, "fair_value": 727.947426, "relative_strength": 27.168026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.818861, "energy": 64.75718, "activity_lines": [ 893.469246, 882.359963, 842.095274, 804.702132 ] }, { "date": "2024-06-28", "close": 866.902954, "volume": 127976, "typical_volume": 26094.6, "trend": 767.564679, "fair_value": 727.924973, "relative_strength": 23.094643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.70361, "energy": 58.665795, "activity_lines": [ 887.676599, 881.525024, 848.306828, 811.573189 ] }, { "date": "2024-07-05", "close": 833.94458, "volume": 1218, "typical_volume": 21523.85, "trend": 771.907792, "fair_value": 727.799899, "relative_strength": 18.544887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.106278, "energy": 40.712111, "activity_lines": [ 869.699345, 873.824333, 850.532112, 815.855763 ] }, { "date": "2024-07-12", "close": 768.297729, "volume": 8842, "typical_volume": 21650.15, "trend": 773.221621, "fair_value": 727.615733, "relative_strength": 4.071244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.150974, "energy": 19.154596, "activity_lines": [ 831.304622, 854.529468, 845.810126, 815.622856 ] }, { "date": "2024-07-19", "close": 789.001465, "volume": 6706, "typical_volume": 12593.65, "trend": 776.372498, "fair_value": 727.490442, "relative_strength": 9.517886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.014491, "energy": 25.545558, "activity_lines": [ 810.246602, 840.816454, 842.782605, 816.64091 ] }, { "date": "2024-07-26", "close": 806.948792, "volume": 5385, "typical_volume": 12686.85, "trend": 780.715381, "fair_value": 727.580979, "relative_strength": 13.600368, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.927084, "energy": 28.524854, "activity_lines": [ 802.029008, 831.962753, 841.111031, 818.613574 ] }, { "date": "2024-08-02", "close": 761.278564, "volume": 8165, "typical_volume": 12021.65, "trend": 783.325911, "fair_value": 727.278169, "relative_strength": 8.275276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.700471, "energy": 35.74281, "activity_lines": [ 784.782161, 816.077037, 834.628347, 817.359586 ] }, { "date": "2024-08-09", "close": 738.203552, "volume": 1792, "typical_volume": 11385.6, "trend": 786.270599, "fair_value": 726.904036, "relative_strength": 3.421322, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.431814, "energy": 56.139186, "activity_lines": [ 766.88527, 797.58945, 825.75484, 814.448466 ] }, { "date": "2024-08-16", "close": 747.98291, "volume": 3159, "typical_volume": 11385.65, "trend": 790.137693, "fair_value": 726.731572, "relative_strength": 2.734626, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.006227, "energy": 57.435122, "activity_lines": [ 758.6309, 783.020168, 817.956634, 811.978293 ] }, { "date": "2024-08-23", "close": 787.410461, "volume": 6845, "typical_volume": 11482.1, "trend": 793.752417, "fair_value": 726.43541, "relative_strength": 9.072813, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.891742, "energy": 39.081639, "activity_lines": [ 764.873368, 778.834926, 814.084556, 811.802342 ] }, { "date": "2024-08-30", "close": 834.100098, "volume": 3587, "typical_volume": 11129.7, "trend": 798.923462, "fair_value": 726.599213, "relative_strength": 16.429795, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.008877, "energy": 14.610156, "activity_lines": [ 786.785115, 785.037996, 814.512375, 814.405418 ] }, { "date": "2024-09-06", "close": 837.276611, "volume": 4477, "typical_volume": 11153.75, "trend": 803.867562, "fair_value": 726.942003, "relative_strength": 20.602477, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 5.757432, "energy": 11.588089, "activity_lines": [ 807.945613, 793.014269, 814.971946, 816.879815 ] }, { "date": "2024-09-13", "close": 869.062439, "volume": 6857, "typical_volume": 10569.9, "trend": 809.904472, "fair_value": 727.4698, "relative_strength": 22.326966, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 26.231748, "energy": 30.568293, "activity_lines": [ 834.634851, 807.308444, 818.37109, 821.085936 ] }, { "date": "2024-09-20", "close": 911.01709, "volume": 6263, "typical_volume": 10808.4, "trend": 816.603027, "fair_value": 727.72354, "relative_strength": 26.908425, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 67.790991, "energy": 52.146664, "activity_lines": [ 866.585046, 828.592231, 825.688158, 827.609331 ] }, { "date": "2024-09-27", "close": 1010.909302, "volume": 15508, "typical_volume": 11453.9, "trend": 826.473208, "fair_value": 728.284878, "relative_strength": 38.039693, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.227164, "energy": 88.146598, "activity_lines": [ 920.9637, 865.443341, 842.315176, 840.14522 ] }, { "date": "2024-10-04", "close": 946.978271, "volume": 3321, "typical_volume": 11163.5, "trend": 834.371802, "fair_value": 728.596436, "relative_strength": 28.928038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.8366, "energy": 81.502973, "activity_lines": [ 939.132088, 886.635939, 852.214862, 847.91974 ] }, { "date": "2024-10-11", "close": 979.09259, "volume": 6373, "typical_volume": 11438.25, "trend": 842.984698, "fair_value": 729.536108, "relative_strength": 32.713677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.441904, "energy": 86.554824, "activity_lines": [ 960.480037, 911.121513, 864.839302, 857.256565 ] }, { "date": "2024-10-18", "close": 1110.970337, "volume": 3606, "typical_volume": 11573.75, "trend": 854.402714, "fair_value": 731.531286, "relative_strength": 47.061067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.607636, "energy": 96.977716, "activity_lines": [ 1016.332837, 955.624605, 889.403686, 874.545961 ] }, { "date": "2024-10-25", "close": 1076.522461, "volume": 39447, "typical_volume": 13378.75, "trend": 864.156179, "fair_value": 733.332199, "relative_strength": 44.09123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.953747, "energy": 91.30591, "activity_lines": [ 1044.575818, 987.086869, 909.472779, 888.876267 ] }, { "date": "2024-11-01", "close": 1186.900024, "volume": 7123, "typical_volume": 13405.1, "trend": 878.499638, "fair_value": 735.185171, "relative_strength": 59.811803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.523696, "energy": 96.861859, "activity_lines": [ 1098.577628, 1032.644334, 939.331674, 909.698451 ] }, { "date": "2024-11-08", "close": 1238.212402, "volume": 28770, "typical_volume": 14771.0, "trend": 893.86546, "fair_value": 737.600304, "relative_strength": 60.209262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.35887, "energy": 96.360002, "activity_lines": [ 1157.95085, 1080.267875, 972.672563, 932.905726 ] }, { "date": "2024-11-15", "close": 1304.790894, "volume": 3114, "typical_volume": 8527.9, "trend": 910.062813, "fair_value": 740.667585, "relative_strength": 70.315237, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.871096, "energy": 95.817478, "activity_lines": [ 1220.101294, 1132.649101, 1010.743064, 959.417044 ] }, { "date": "2024-11-22", "close": 1297.797119, "volume": 9260, "typical_volume": 8930.0, "trend": 924.898267, "fair_value": 743.867792, "relative_strength": 66.556013, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.313532, "energy": 92.425152, "activity_lines": [ 1258.207259, 1175.258472, 1046.062311, 984.432161 ] }, { "date": "2024-11-29", "close": 1303.791626, "volume": 224, "typical_volume": 8499.1, "trend": 939.415914, "fair_value": 747.318865, "relative_strength": 66.482176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.352891, "energy": 89.077852, "activity_lines": [ 1285.856274, 1211.162577, 1079.743641, 1008.876893 ] }, { "date": "2024-12-06", "close": 1296.798218, "volume": 2341, "typical_volume": 8280.85, "trend": 953.416174, "fair_value": 750.526746, "relative_strength": 58.250917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.75734, "energy": 73.66654, "activity_lines": [ 1296.022876, 1238.653797, 1110.208962, 1031.933816 ] }, { "date": "2024-12-13", "close": 1240.850098, "volume": 149, "typical_volume": 8019.05, "trend": 965.548169, "fair_value": 753.594504, "relative_strength": 48.608633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.458884, "energy": 66.284917, "activity_lines": [ 1280.213558, 1250.774653, 1132.927811, 1050.47794 ] }, { "date": "2024-12-20", "close": 1221.867554, "volume": 1063, "typical_volume": 7663.95, "trend": 977.979563, "fair_value": 756.11602, "relative_strength": 50.101487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.57096, "energy": 62.246221, "activity_lines": [ 1257.900879, 1254.101012, 1151.772601, 1067.014675 ] }, { "date": "2024-12-27", "close": 1244.18689, "volume": 14048, "typical_volume": 8276.75, "trend": 990.921899, "fair_value": 758.976027, "relative_strength": 51.374918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.287094, "energy": 54.087504, "activity_lines": [ 1248.556201, 1257.071343, 1170.549762, 1084.189341 ] }, { "date": "2025-01-03", "close": 1218.071167, "volume": 1209, "typical_volume": 8179.25, "trend": 1000.696619, "fair_value": 761.369868, "relative_strength": 47.048364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.851647, "energy": 46.634217, "activity_lines": [ 1234.080298, 1252.87124, 1184.430266, 1098.844133 ] }, { "date": "2025-01-10", "close": 1381.719604, "volume": 16329, "typical_volume": 8653.45, "trend": 1017.024898, "fair_value": 765.031255, "relative_strength": 61.681817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.728, "energy": 61.670909, "activity_lines": [ 1279.868571, 1275.851787, 1211.657821, 1123.426261 ] }, { "date": "2025-01-17", "close": 1364.025879, "volume": 143, "typical_volume": 8481.25, "trend": 1032.497056, "fair_value": 768.778926, "relative_strength": 55.74478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.283354, "energy": 67.018622, "activity_lines": [ 1314.09751, 1292.073118, 1234.370215, 1145.813421 ] }, { "date": "2025-01-24", "close": 1370.729736, "volume": 3342, "typical_volume": 8424.5, "trend": 1049.291282, "fair_value": 772.497841, "relative_strength": 49.771526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.104556, "energy": 67.18433, "activity_lines": [ 1342.349349, 1307.225815, 1255.197616, 1167.634884 ] }, { "date": "2025-01-31", "close": 1412.690796, "volume": 2433, "typical_volume": 8203.3, "trend": 1068.582823, "fair_value": 776.279761, "relative_strength": 52.186318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.309986, "energy": 86.78743, "activity_lines": [ 1374.664062, 1328.808907, 1277.481055, 1191.080014 ] }, { "date": "2025-02-07", "close": 1393.988037, "volume": 448, "typical_volume": 7912.55, "trend": 1089.439166, "fair_value": 779.674194, "relative_strength": 43.411981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.555388, "energy": 87.162782, "activity_lines": [ 1389.510929, 1344.902521, 1295.394572, 1212.073899 ] }, { "date": "2025-02-14", "close": 1318.777832, "volume": 2312, "typical_volume": 7252.75, "trend": 1107.098378, "fair_value": 782.538009, "relative_strength": 30.825103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.325194, "energy": 64.562066, "activity_lines": [ 1367.559936, 1345.681618, 1303.845351, 1226.869942 ] }, { "date": "2025-02-21", "close": 1238.851929, "volume": 1196, "typical_volume": 7146.5, "trend": 1121.49515, "fair_value": 785.090528, "relative_strength": 22.344053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.892179, "energy": 43.180638, "activity_lines": [ 1323.163094, 1331.529104, 1303.218099, 1235.370171 ] }, { "date": "2025-02-28", "close": 1269.973145, "volume": 835, "typical_volume": 6869.6, "trend": 1138.451636, "fair_value": 788.601305, "relative_strength": 27.322966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.330948, "energy": 24.47528, "activity_lines": [ 1297.48492, 1323.071322, 1304.164898, 1244.949396 ] }, { "date": "2025-03-07", "close": 1044.155762, "volume": 3565, "typical_volume": 6867.55, "trend": 1148.650043, "fair_value": 790.994648, "relative_strength": 2.955151, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -22.533189, "energy": 35.459285, "activity_lines": [ 1203.251392, 1272.681188, 1282.220134, 1238.865791 ] }, { "date": "2025-03-14", "close": 924.252625, "volume": 12873, "typical_volume": 5538.85, "trend": 1154.5257, "fair_value": 792.024232, "relative_strength": -8.688906, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -52.360001, "energy": 57.699104, "activity_lines": [ 1093.619153, 1204.127413, 1249.174187, 1224.388539 ] }, { "date": "2025-03-21", "close": 941.938354, "volume": 2523, "typical_volume": 5308.85, "trend": 1159.67663, "fair_value": 793.223431, "relative_strength": -7.670758, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.891388, "energy": 79.725039, "activity_lines": [ 1021.197852, 1144.13138, 1218.537691, 1210.673226 ] }, { "date": "2025-03-28", "close": 890.929565, "volume": 19586, "typical_volume": 4849.65, "trend": 1161.570945, "fair_value": 793.911686, "relative_strength": -13.757405, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.767399, "energy": 84.100426, "activity_lines": [ 956.896252, 1082.857045, 1184.209699, 1193.334706 ] }, { "date": "2025-04-04", "close": 763.422607, "volume": 18478, "typical_volume": 5617.85, "trend": 1159.109145, "fair_value": 794.067718, "relative_strength": -23.76628, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.732311, "energy": 86.585151, "activity_lines": [ 873.287158, 1007.001377, 1139.391915, 1167.647716 ] }, { "date": "2025-04-11", "close": 813.791992, "volume": 5007, "typical_volume": 5405.2, "trend": 1157.266797, "fair_value": 794.111516, "relative_strength": -18.974415, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.128937, "energy": 90.966743, "activity_lines": [ 840.237894, 951.345727, 1101.949159, 1145.36919 ] }, { "date": "2025-04-18", "close": 804.589294, "volume": 583, "typical_volume": 5423.15, "trend": 1153.719204, "fair_value": 793.592931, "relative_strength": -22.22651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.325982, "energy": 89.042912, "activity_lines": [ 819.47865, 904.905929, 1065.934742, 1122.615803 ] }, { "date": "2025-04-25", "close": 808.346313, "volume": 1848, "typical_volume": 5398.5, "trend": 1146.967104, "fair_value": 793.130935, "relative_strength": -26.927032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.032245, "energy": 80.764086, "activity_lines": [ 807.9493, 869.865566, 1032.65529, 1100.333681 ] }, { "date": "2025-05-02", "close": 874.29303, "volume": 1033, "typical_volume": 5442.7, "trend": 1144.544263, "fair_value": 793.461779, "relative_strength": -19.716659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.30201, "energy": 63.947301, "activity_lines": [ 827.308325, 856.096088, 1007.98244, 1082.741805 ] }, { "date": "2025-05-09", "close": 938.930664, "volume": 9937, "typical_volume": 5886.4, "trend": 1143.205532, "fair_value": 794.587821, "relative_strength": -15.026464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.884563, "energy": 50.968299, "activity_lines": [ 869.322331, 860.707251, 991.211065, 1069.476412 ] }, { "date": "2025-05-16", "close": 989.378662, "volume": 6753, "typical_volume": 5521.65, "trend": 1139.152476, "fair_value": 796.076471, "relative_strength": -12.835516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.036179, "energy": 36.569235, "activity_lines": [ 916.451798, 880.509731, 980.591579, 1059.552098 ] }, { "date": "2025-05-23", "close": 923.392151, "volume": 3904, "typical_volume": 5656.4, "trend": 1134.048132, "fair_value": 796.715654, "relative_strength": -19.277158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.449964, "energy": 28.94775, "activity_lines": [ 929.879985, 889.310611, 964.901036, 1045.632077 ] }, { "date": "2025-05-30", "close": 937.952454, "volume": 3315, "typical_volume": 5005.7, "trend": 1125.74988, "fair_value": 797.916305, "relative_strength": -17.255369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.332794, "energy": 27.811989, "activity_lines": [ 940.241415, 900.774464, 952.000423, 1032.980743 ] }, { "date": "2025-06-06", "close": 929.388184, "volume": 2895, "typical_volume": 5143.3, "trend": 1115.455739, "fair_value": 799.360943, "relative_strength": -18.20477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.763708, "energy": 25.616415, "activity_lines": [ 939.107678, 910.753648, 940.397341, 1020.312246 ] }, { "date": "2025-06-13", "close": 891.413086, "volume": 4254, "typical_volume": 5188.9, "trend": 1101.676479, "fair_value": 801.191085, "relative_strength": -20.574578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.979735, "energy": 32.900408, "activity_lines": [ 921.642566, 913.129021, 927.247287, 1005.857881 ] }, { "date": "2025-06-20", "close": 906.553162, "volume": 46793, "typical_volume": 7406.9, "trend": 1088.635014, "fair_value": 803.046612, "relative_strength": -17.464461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.594408, "energy": 35.595523, "activity_lines": [ 912.391984, 915.930035, 917.821604, 993.26928 ] }, { "date": "2025-06-27", "close": 937.322937, "volume": 11924, "typical_volume": 7980.7, "trend": 1076.419391, "fair_value": 805.254232, "relative_strength": -16.322155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.612075, "energy": 29.892253, "activity_lines": [ 918.919694, 922.638987, 913.736556, 983.507211 ] }, { "date": "2025-07-04", "close": 950.834045, "volume": 1228, "typical_volume": 7926.5, "trend": 1064.887252, "fair_value": 807.451583, "relative_strength": -16.012745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.824647, "energy": 27.746711, "activity_lines": [ 929.022388, 929.391166, 913.112876, 975.40493 ] }, { "date": "2025-07-11", "close": 1048.210083, "volume": 18214, "typical_volume": 8777.4, "trend": 1058.465918, "fair_value": 810.216447, "relative_strength": -5.569354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.864692, "energy": 15.121966, "activity_lines": [ 970.724988, 951.257392, 923.515218, 974.328984 ] }, { "date": "2025-07-18", "close": 1030.571411, "volume": 2344, "typical_volume": 8852.85, "trend": 1052.08938, "fair_value": 812.675, "relative_strength": -6.95987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.079069, "energy": 23.517541, "activity_lines": [ 998.626571, 966.754459, 933.145504, 972.529338 ] }, { "date": "2025-07-25", "close": 1009.994995, "volume": 31642, "typical_volume": 10256.7, "trend": 1044.282983, "fair_value": 815.002933, "relative_strength": -10.691567, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.361601, "energy": 30.846916, "activity_lines": [ 1010.392126, 976.844164, 941.95614, 969.813572 ] }, { "date": "2025-08-01", "close": 962.583313, "volume": 6584, "typical_volume": 9942.25, "trend": 1035.766722, "fair_value": 816.886173, "relative_strength": -14.446625, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.432569, "energy": 21.572946, "activity_lines": [ 999.457666, 977.938721, 946.414047, 964.542625 ] }, { "date": "2025-08-08", "close": 981.784241, "volume": 4966, "typical_volume": 10064.4, "trend": 1022.435543, "fair_value": 818.804513, "relative_strength": -14.746412, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.475782, "energy": 15.178673, "activity_lines": [ 993.23949, 981.811789, 952.518088, 961.059884 ] }, { "date": "2025-08-15", "close": 1130.533691, "volume": 9801, "typical_volume": 9575.15, "trend": 1014.65247, "fair_value": 821.757958, "relative_strength": -2.774753, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 54.566261, "energy": 42.887566, "activity_lines": [ 1034.541117, 1011.93327, 972.599, 968.033958 ] }, { "date": "2025-08-22", "close": 1149.45459, "volume": 6106, "typical_volume": 8956.55, "trend": 1007.276632, "fair_value": 824.896998, "relative_strength": -3.096227, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.948236, "energy": 67.318272, "activity_lines": [ 1076.661471, 1041.837723, 993.340931, 976.730869 ] }, { "date": "2025-08-29", "close": 1150.374268, "volume": 1336, "typical_volume": 8773.0, "trend": 998.532747, "fair_value": 828.297629, "relative_strength": -2.523858, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.701355, "energy": 76.864114, "activity_lines": [ 1111.162838, 1067.217727, 1012.332203, 985.962975 ] }, { "date": "2025-09-05", "close": 1146.066284, "volume": 15923, "typical_volume": 9540.0, "trend": 990.268689, "fair_value": 831.511572, "relative_strength": -5.962626, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.020615, "energy": 86.350736, "activity_lines": [ 1134.869592, 1087.38135, 1029.310418, 995.481268 ] }, { "date": "2025-09-12", "close": 1107.324585, "volume": 4044, "typical_volume": 9649.8, "trend": 983.220247, "fair_value": 834.336653, "relative_strength": -11.183598, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.340555, "energy": 82.904921, "activity_lines": [ 1133.430249, 1096.705694, 1040.972866, 1003.033261 ] }, { "date": "2025-09-19", "close": 1095.200317, "volume": 1820, "typical_volume": 9689.15, "trend": 978.43186, "fair_value": 837.620294, "relative_strength": -11.333923, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.033753, "energy": 62.562274, "activity_lines": [ 1119.580127, 1100.980343, 1050.056916, 1010.257782 ] }, { "date": "2025-09-26", "close": 1049.502075, "volume": 6979, "typical_volume": 9541.25, "trend": 971.082825, "fair_value": 840.719777, "relative_strength": -16.358821, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.476959, "energy": 37.725488, "activity_lines": [ 1092.852816, 1096.091853, 1053.736813, 1014.842957 ] }, { "date": "2025-10-03", "close": 1055.389404, "volume": 2222, "typical_volume": 9314.7, "trend": 971.457279, "fair_value": 843.546979, "relative_strength": -15.373157, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.806002, "energy": 24.587112, "activity_lines": [ 1074.751448, 1091.929593, 1057.450878, 1020.282091 ] }, { "date": "2025-10-10", "close": 1069.592651, "volume": 17053, "typical_volume": 9972.15, "trend": 976.301947, "fair_value": 846.394458, "relative_strength": -12.143635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.722858, "energy": 26.123265, "activity_lines": [ 1067.716821, 1089.524388, 1062.203296, 1026.613405 ] }, { "date": "2025-10-17", "close": 1103.657959, "volume": 2908, "typical_volume": 9951.8, "trend": 981.6926, "fair_value": 849.24601, "relative_strength": -10.808174, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.65099, "energy": 24.345352, "activity_lines": [ 1077.135539, 1091.367252, 1069.503836, 1034.829922 ] }, { "date": "2025-10-24", "close": 1122.6521, "volume": 2170, "typical_volume": 9915.55, "trend": 989.416685, "fair_value": 852.058006, "relative_strength": -8.171251, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.296263, "energy": 32.221172, "activity_lines": [ 1093.130078, 1094.447709, 1077.824268, 1043.924083 ] }, { "date": "2025-10-31", "close": 1059.671509, "volume": 2429, "typical_volume": 9824.3, "trend": 999.291648, "fair_value": 854.772205, "relative_strength": -15.028496, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.403673, "energy": 29.592521, "activity_lines": [ 1086.300969, 1086.220452, 1079.226244, 1048.456653 ] }, { "date": "2025-11-07", "close": 1088.982422, "volume": 22056, "typical_volume": 8587.45, "trend": 1008.464663, "fair_value": 857.310525, "relative_strength": -12.949891, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.050297, "energy": 29.846321, "activity_lines": [ 1088.564201, 1084.954872, 1082.618505, 1054.243154 ] }, { "date": "2025-11-14", "close": 1119.653076, "volume": 4305, "typical_volume": 8206.5, "trend": 1018.966789, "fair_value": 860.347793, "relative_strength": -8.289079, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.72307, "energy": 36.105165, "activity_lines": [ 1098.81145, 1090.381989, 1088.06307, 1061.4166 ] }, { "date": "2025-11-21", "close": 1085.34375, "volume": 384, "typical_volume": 8164.3, "trend": 1028.200037, "fair_value": 862.944564, "relative_strength": -9.724598, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.718177, "energy": 25.084778, "activity_lines": [ 1094.284896, 1090.051287, 1089.371841, 1065.698985 ] }, { "date": "2025-11-28", "close": 1184.282959, "volume": 744, "typical_volume": 7290.8, "trend": 1038.533034, "fair_value": 866.229759, "relative_strength": -3.436704, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.968438, "energy": 49.877628, "activity_lines": [ 1123.959025, 1108.109184, 1099.462872, 1075.768851 ] }, { "date": "2025-12-05", "close": 1223.62085, "volume": 18953, "typical_volume": 8121.25, "trend": 1048.022707, "fair_value": 869.872698, "relative_strength": 0.712112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.297698, "energy": 72.618929, "activity_lines": [ 1162.637061, 1131.69974, 1112.652402, 1087.71 ] }, { "date": "2025-12-12", "close": 1268.796753, "volume": 936, "typical_volume": 6585.95, "trend": 1057.336644, "fair_value": 873.859618, "relative_strength": 2.734698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.821094, "energy": 84.086058, "activity_lines": [ 1205.443775, 1160.338301, 1129.225117, 1101.953487 ] }, { "date": "2025-12-19", "close": 1271.605957, "volume": 6133, "typical_volume": 6563.4, "trend": 1068.94377, "fair_value": 877.925332, "relative_strength": 4.663704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.960318, "energy": 87.31558, "activity_lines": [ 1237.199268, 1185.607493, 1144.832985, 1115.777314 ] }, { "date": "2025-12-26", "close": 1258.949829, "volume": 481, "typical_volume": 6339.15, "trend": 1079.643683, "fair_value": 881.970705, "relative_strength": 1.610083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.731636, "energy": 84.92641, "activity_lines": [ 1254.605859, 1204.902601, 1157.763971, 1128.035769 ] }, { "date": "2026-01-02", "close": 1239.615845, "volume": 685, "typical_volume": 5883.35, "trend": 1089.984605, "fair_value": 885.516856, "relative_strength": 2.964167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.473382, "energy": 80.379241, "activity_lines": [ 1253.994051, 1217.858951, 1167.53379, 1138.356554 ] }, { "date": "2026-01-09", "close": 1300.597046, "volume": 338, "typical_volume": 5594.95, "trend": 1103.62407, "fair_value": 889.278906, "relative_strength": 5.773173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.09022, "energy": 79.632098, "activity_lines": [ 1270.020451, 1239.776179, 1182.591903, 1151.944453 ] }, { "date": "2026-01-16", "close": 1239.615845, "volume": 1211, "typical_volume": 5588.7, "trend": 1114.72616, "fair_value": 892.526619, "relative_strength": 0.109783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.736605, "energy": 53.914595, "activity_lines": [ 1260.588037, 1246.225451, 1191.122556, 1160.718116 ] }, { "date": "2026-01-23", "close": 1213.733887, "volume": 7028, "typical_volume": 5143.95, "trend": 1123.939858, "fair_value": 895.642271, "relative_strength": -2.592246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.56157, "energy": 42.056231, "activity_lines": [ 1244.473698, 1245.230123, 1196.763302, 1167.105711 ] }, { "date": "2026-01-30", "close": 1127.650635, "volume": 301, "typical_volume": 4956.8, "trend": 1129.833744, "fair_value": 898.058936, "relative_strength": -7.64263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.470694, "energy": 18.480442, "activity_lines": [ 1203.52308, 1226.872734, 1193.883415, 1167.345116 ] }, { "date": "2026-02-06", "close": 1296.598267, "volume": 15158, "typical_volume": 5623.7, "trend": 1138.11335, "fair_value": 901.820948, "relative_strength": 2.259443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.304988, "energy": 27.772436, "activity_lines": [ 1227.641618, 1238.463881, 1206.996989, 1178.104118 ] }, { "date": "2026-02-13", "close": 1183.633179, "volume": 26640, "typical_volume": 6606.75, "trend": 1143.215409, "fair_value": 904.913854, "relative_strength": -6.739878, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.407913, "energy": 20.141638, "activity_lines": [ 1210.306299, 1227.473824, 1208.392945, 1181.040881 ] }, { "date": "2026-02-20", "close": 1191.630737, "volume": 121, "typical_volume": 6501.7, "trend": 1149.269934, "fair_value": 908.214156, "relative_strength": -5.401311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.593403, "energy": 18.226309, "activity_lines": [ 1203.434424, 1218.664917, 1209.911854, 1184.16445 ] }, { "date": "2026-02-27", "close": 1132.325806, "volume": 256, "typical_volume": 5661.85, "trend": 1154.928017, "fair_value": 910.964731, "relative_strength": -9.237803, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.452139, "energy": 5.765272, "activity_lines": [ 1179.993246, 1200.476314, 1205.133905, 1183.071281 ] }, { "date": "2026-03-06", "close": 1046.838989, "volume": 1358, "typical_volume": 5584.35, "trend": 1157.096509, "fair_value": 913.261056, "relative_strength": -10.574499, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.409438, "energy": 37.455951, "activity_lines": [ 1133.483667, 1169.27702, 1191.915626, 1176.097795 ] }, { "date": "2026-03-13", "close": 1041.839722, "volume": 14452, "typical_volume": 6198.45, "trend": 1154.140043, "fair_value": 915.972286, "relative_strength": -8.568968, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.751168, "energy": 60.320862, "activity_lines": [ 1090.695109, 1141.025329, 1178.491793, 1168.661873 ] }, { "date": "2026-03-20", "close": 1133.405518, "volume": 3361, "typical_volume": 6245.05, "trend": 1153.605074, "fair_value": 919.494434, "relative_strength": 1.838625, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.253828, "energy": 52.043848, "activity_lines": [ 1095.412386, 1133.017893, 1174.173332, 1167.324162 ] }, { "date": "2026-03-27", "close": 1207.814209, "volume": 462, "typical_volume": 5165.35, "trend": 1155.519739, "fair_value": 923.212208, "relative_strength": 4.216428, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.464214, "energy": 30.089232, "activity_lines": [ 1128.281071, 1141.579157, 1176.5903, 1170.821526 ] }, { "date": "2026-04-03", "close": 1203.814819, "volume": 117, "typical_volume": 4955.95, "trend": 1157.44469, "fair_value": 927.01293, "relative_strength": -0.890438, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 10.02004, "energy": 7.359751, "activity_lines": [ 1158.737728, 1149.991471, 1178.060507, 1173.937337 ] }, { "date": "2026-04-10", "close": 1171.529663, "volume": 8792, "typical_volume": 5376.35, "trend": 1159.584859, "fair_value": 930.645025, "relative_strength": -4.089386, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.443155, "energy": 14.325601, "activity_lines": [ 1173.666732, 1152.714102, 1176.055167, 1174.846045 ] }, { "date": "2026-04-17", "close": 1284.802368, "volume": 11091, "typical_volume": 5893.7, "trend": 1165.904928, "fair_value": 934.939304, "relative_strength": 5.107812, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.186761, "energy": 37.70128, "activity_lines": [ 1218.040592, 1175.233971, 1184.427295, 1182.924594 ] }, { "date": "2026-04-24", "close": 1190.816772, "volume": 961, "typical_volume": 4994.1, "trend": 1170.615418, "fair_value": 938.656706, "relative_strength": -2.060529, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.853751, "energy": 24.500644, "activity_lines": [ 1214.888411, 1180.88002, 1183.36975, 1184.53181 ] }, { "date": "2026-05-01", "close": 1161.821289, "volume": 1759, "typical_volume": 5035.25, "trend": 1174.163147, "fair_value": 942.23943, "relative_strength": -2.667847, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.704002, "energy": 19.088395, "activity_lines": [ 1198.243652, 1181.123553, 1179.70694, 1183.964447 ] }, { "date": "2026-05-08", "close": 1250.407593, "volume": 28420, "typical_volume": 6149.6, "trend": 1180.190312, "fair_value": 946.524388, "relative_strength": 1.614093, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.839573, "energy": 31.903956, "activity_lines": [ 1214.193856, 1198.015676, 1184.990328, 1188.883443 ] }, { "date": "2026-05-15", "close": 1228.0, "volume": 892, "typical_volume": 6170.15, "trend": 1184.335046, "fair_value": 950.34577, "relative_strength": 2.439561, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.475259, "energy": 21.691574, "activity_lines": [ 1219.568677, 1208.68675, 1188.240604, 1191.967939 ] }, { "date": "2026-05-22", "close": 1328.0, "volume": 1056, "typical_volume": 6188.7, "trend": 1191.179976, "fair_value": 954.787702, "relative_strength": 9.76886, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.881293, "energy": 47.724202, "activity_lines": [ 1254.512142, 1234.245805, 1201.16207, 1201.236646 ] }, { "date": "2026-05-29", "close": 1445.0, "volume": 1609, "typical_volume": 6252.25, "trend": 1204.02426, "fair_value": 959.888964, "relative_strength": 18.373102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.739531, "energy": 77.887118, "activity_lines": [ 1325.575765, 1275.874674, 1224.805516, 1217.612131 ] }, { "date": "2026-06-05", "close": 1375.733527, "volume": 412, "typical_volume": 6212.3, "trend": 1213.58263, "fair_value": 964.347016, "relative_strength": 16.265116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.256187, "energy": 76.16324, "activity_lines": [ 1356.605015, 1299.244284, 1241.164522, 1228.690149 ] }, { "date": "2026-06-12", "close": 1426.600393, "volume": 12, "typical_volume": 5861.5, "trend": 1223.814207, "fair_value": 968.828733, "relative_strength": 16.660593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.928161, "energy": 83.485532, "activity_lines": [ 1390.329072, 1328.809337, 1261.719812, 1242.43323 ] }, { "date": "2026-06-19", "close": 1456.539092, "volume": 0, "typical_volume": 5846.45, "trend": 1236.187385, "fair_value": 973.481632, "relative_strength": 18.861207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.850664, "energy": 87.307287, "activity_lines": [ 1422.286508, 1359.767142, 1284.112756, 1257.447739 ] }, { "date": "2026-06-26", "close": 1601.227833, "volume": 29, "typical_volume": 5090.0, "trend": 1250.085547, "fair_value": 978.520369, "relative_strength": 30.561744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.839925, "energy": 94.67927, "activity_lines": [ 1487.237584, 1411.850002, 1318.719445, 1280.998736 ] }, { "date": "2026-07-03", "close": 1646.169075, "volume": 0, "typical_volume": 3758.0, "trend": 1264.170488, "fair_value": 983.793761, "relative_strength": 33.411654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.634268, "energy": 95.489436, "activity_lines": [ 1548.953886, 1466.350807, 1356.155636, 1306.552512 ] }, { "date": "2026-07-10", "close": 1530.0, "volume": 2717, "typical_volume": 3887.8, "trend": 1272.877263, "fair_value": 988.632201, "relative_strength": 24.465593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.820496, "energy": 86.740612, "activity_lines": [ 1558.535892, 1491.450829, 1380.325553, 1323.702803 ] }, { "date": "2026-07-17", "close": 1495.72998, "volume": 551, "typical_volume": 3902.55, "trend": 1280.348064, "fair_value": 992.930984, "relative_strength": 20.90564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.289136, "energy": 82.59854, "activity_lines": [ 1546.410126, 1503.625779, 1399.620376, 1338.080397 ] }, { "date": "2026-07-24", "close": 1490.0, "volume": 123, "typical_volume": 3840.8, "trend": 1288.049736, "fair_value": 997.599408, "relative_strength": 20.296446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.363906, "energy": 61.434765, "activity_lines": [ 1527.765727, 1510.298508, 1416.638991, 1351.606329 ] }, { "date": "2026-07-31", "close": 1523.650024, "volume": 620, "typical_volume": 3149.2, "trend": 1297.517542, "fair_value": 1002.501456, "relative_strength": 21.265005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.043159, "energy": 47.115835, "activity_lines": [ 1518.107276, 1518.325787, 1434.75208, 1366.806347 ] }, { "date": "2026-08-07", "close": 1570.0, "volume": 592, "typical_volume": 3010.75, "trend": 1306.497641, "fair_value": 1007.748679, "relative_strength": 24.118281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.954058, "energy": 49.339815, "activity_lines": [ 1529.07067, 1531.223061, 1454.985117, 1384.385861 ] } ], "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." } } }