{ "ticker": { "uuid": "f64af830-6876-4946-9d3c-3c905c81187e", "symbol": "VDSTN", "name": "Vanguard Funds Plc - Vanguard Ultra-Short U.S. Treasury Ucits ETF", "exchange": "MEX", "country": "MX", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 72.126, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 11.434, "architecture_energy": 7.71, "architecture_maturity": 20.323, "architecture_confidence": 73.543, "architecture_tenure": "New", "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": 58.3, "rotation_up": 32.35, "upward_expansion": 59.42, "deceleration": 77.86, "rotation_down": 27.91, "downward_expansion": 20.76 }, "activity_lines": [ 1028.747326, 1030.683265, 1028.566091, 1028.564212 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 1018.820007, "trend_reference": 1026.578664, "distance_from_trend": -0.007558, "trend_direction": "Weakening", "fair_value": 1025.030706, "distance_from_fair_value": -0.006059, "fair_value_direction": "Weakening", "relative_strength": -4.457491, "relative_strength_direction": "Improving", "price_momentum": 0.011798, "excess_performance": 0.066465, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.007558, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.007837, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.006059, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.005824, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044575, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.092018, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.011798, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.770362, "read": "Demand-led" } ], "volume": { "latest": 203066, "relative_activity": 0.662568, "balance": 1.770362, "dry_up": 0.812255, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.010406, "annualized_volatility": 0.085448, "from_high_reference": -0.063585, "from_low_reference": 0.019819 }, "levels": { "trend_reference": 1026.578664, "fair_value_reference": 1025.030706, "structural_low": 999.02002, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.00664, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.011889, "regime_survival": 0.818182, "best_return": 0.053939, "worst_return": -0.017581, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.019562, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.002448, "regime_survival": 0.5, "best_return": 0.106247, "worst_return": -0.003685, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.008536, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.131742, "regime_survival": 0.333333, "best_return": 0.129812, "worst_return": -0.032187, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.085827, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.023886, "regime_survival": 0.5, "best_return": 0.233369, "worst_return": -0.061715, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-05-31", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-12-27", "tenure": "Extended", "return": 0.126582, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": 0.006351, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": -0.013433, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-05-02", "tenure": "Developing", "return": -0.033875, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": -0.011575, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-11-14", "tenure": "Established", "return": -0.036122, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-12", "tenure": "New", "return": -0.021495, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-03-27", "tenure": "Established", "return": 0.015134, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": -0.029237, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.018065, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": 0.004244, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": 0.013548, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.01792, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 896.340027, "volume": 14265, "typical_volume": 110912.35, "trend": 916.602663, "fair_value": 988.569311, "relative_strength": -10.536739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.907096, "energy": 58.636061, "activity_lines": [ 881.030005, 881.442, 891.663522, 902.235417 ] }, { "date": "2023-08-11", "close": 878.059998, "volume": 25, "typical_volume": 89723.15, "trend": 913.784664, "fair_value": 987.732119, "relative_strength": -10.697334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.056151, "energy": 51.4883, "activity_lines": [ 880.746004, 880.442545, 889.341522, 899.748794 ] }, { "date": "2023-08-18", "close": 887.150024, "volume": 48, "typical_volume": 74227.9, "trend": 911.518665, "fair_value": 986.975863, "relative_strength": -9.223165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.205135, "energy": 34.293292, "activity_lines": [ 883.857345, 881.478004, 888.184001, 898.03043 ] }, { "date": "2023-08-25", "close": 874.320007, "volume": 3433, "typical_volume": 72639.25, "trend": 908.967666, "fair_value": 986.135147, "relative_strength": -10.165486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.082777, "energy": 38.312706, "activity_lines": [ 881.657344, 880.221278, 885.955525, 895.630516 ] }, { "date": "2023-09-01", "close": 875.559998, "volume": 890, "typical_volume": 69768.7, "trend": 906.455332, "fair_value": 985.316072, "relative_strength": -9.553661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.849728, "energy": 49.283522, "activity_lines": [ 879.266008, 879.340187, 884.138954, 893.475183 ] }, { "date": "2023-09-08", "close": 915.0, "volume": 5480, "typical_volume": 58798.25, "trend": 905.445333, "fair_value": 984.799042, "relative_strength": -3.957132, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -4.670798, "energy": 11.199072, "activity_lines": [ 890.170671, 885.790187, 886.315859, 894.026452 ] }, { "date": "2023-09-15", "close": 903.190002, "volume": 8200, "typical_volume": 57215.6, "trend": 904.536666, "fair_value": 984.203356, "relative_strength": -2.638083, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 0.985066, "energy": 15.090094, "activity_lines": [ 895.894669, 889.558368, 887.400192, 893.880947 ] }, { "date": "2023-09-22", "close": 890.5, "volume": 6000, "typical_volume": 57080.55, "trend": 903.037, "fair_value": 983.524346, "relative_strength": -4.20862, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.130802, "energy": 20.622072, "activity_lines": [ 895.713334, 890.662004, 887.393431, 892.975355 ] }, { "date": "2023-09-29", "close": 912.27002, "volume": 20001, "typical_volume": 49411.3, "trend": 902.982666, "fair_value": 983.011725, "relative_strength": 0.03386, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 14.66847, "energy": 31.082977, "activity_lines": [ 902.56534, 895.380734, 889.597385, 893.571034 ] }, { "date": "2023-10-06", "close": 944.0, "volume": 13105, "typical_volume": 48986.3, "trend": 903.044999, "fair_value": 982.73307, "relative_strength": 6.401175, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.156411, "energy": 67.943678, "activity_lines": [ 917.464006, 905.013642, 894.779908, 896.217314 ] }, { "date": "2023-10-13", "close": 942.26001, "volume": 19899, "typical_volume": 49959.4, "trend": 902.371, "fair_value": 982.446027, "relative_strength": 7.227973, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.220304, "energy": 78.93014, "activity_lines": [ 927.220007, 913.126551, 899.639862, 898.747314 ] }, { "date": "2023-10-20", "close": 958.559998, "volume": 13141, "typical_volume": 48461.85, "trend": 902.963001, "fair_value": 982.277815, "relative_strength": 11.825147, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 62.144409, "energy": 85.736514, "activity_lines": [ 940.592005, 923.368186, 905.893766, 902.372411 ] }, { "date": "2023-10-27", "close": 952.0, "volume": 80, "typical_volume": 41365.5, "trend": 904.068001, "fair_value": 982.066082, "relative_strength": 9.79074, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.086699, "energy": 90.291431, "activity_lines": [ 948.086003, 930.953458, 911.23967, 905.536088 ] }, { "date": "2023-11-03", "close": 917.26001, "volume": 10810, "typical_volume": 31705.6, "trend": 903.442668, "fair_value": 981.61604, "relative_strength": 1.428122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.578022, "energy": 78.973176, "activity_lines": [ 939.900004, 931.043277, 912.978814, 906.387186 ] }, { "date": "2023-11-10", "close": 919.539978, "volume": 18806, "typical_volume": 25190.6, "trend": 903.247666, "fair_value": 981.187929, "relative_strength": 1.956293, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.674967, "energy": 52.849497, "activity_lines": [ 932.141329, 930.766909, 914.769955, 907.425722 ] }, { "date": "2023-11-17", "close": 908.73999, "volume": 20479, "typical_volume": 25939.55, "trend": 902.813666, "fair_value": 980.691711, "relative_strength": -1.744894, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.273424, "energy": 26.039984, "activity_lines": [ 922.413326, 927.727271, 915.365049, 907.780065 ] }, { "date": "2023-12-01", "close": 909.289978, "volume": 75208, "typical_volume": 17908.15, "trend": 902.194666, "fair_value": 980.205985, "relative_strength": -3.699735, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.14407, "energy": 33.408092, "activity_lines": [ 915.10332, 924.901448, 915.902332, 908.197892 ] }, { "date": "2023-12-08", "close": 918.75, "volume": 261848, "typical_volume": 24971.15, "trend": 902.174666, "fair_value": 979.790741, "relative_strength": -3.35207, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.894743, "energy": 28.701602, "activity_lines": [ 914.231323, 923.684721, 917.217951, 909.265978 ] }, { "date": "2023-12-15", "close": 919.070007, "volume": 3000, "typical_volume": 24926.15, "trend": 902.704667, "fair_value": 979.38322, "relative_strength": -7.645367, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.906832, "energy": 26.988255, "activity_lines": [ 915.682662, 922.012541, 918.339666, 910.356 ] }, { "date": "2023-12-22", "close": 905.890015, "volume": 5708, "typical_volume": 25021.3, "trend": 902.532334, "fair_value": 978.893265, "relative_strength": -8.873674, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.403291, "energy": 14.410689, "activity_lines": [ 912.620003, 917.820362, 917.949858, 910.561506 ] }, { "date": "2023-12-29", "close": 900.150024, "volume": 9079, "typical_volume": 24762.0, "trend": 902.237669, "fair_value": 978.371787, "relative_strength": -9.136113, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.77776, "energy": 15.364867, "activity_lines": [ 908.554012, 913.277458, 916.879622, 910.407809 ] }, { "date": "2024-01-05", "close": 904.359985, "volume": 45578, "typical_volume": 27039.65, "trend": 902.413668, "fair_value": 977.884867, "relative_strength": -6.341371, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.291327, "energy": 19.313931, "activity_lines": [ 906.464005, 910.265637, 916.192191, 910.544732 ] }, { "date": "2024-01-12", "close": 894.840027, "volume": 55742, "typical_volume": 29824.35, "trend": 902.595669, "fair_value": 977.34209, "relative_strength": -6.071673, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.306146, "energy": 54.422216, "activity_lines": [ 901.529346, 906.508369, 914.47286, 910.05611 ] }, { "date": "2024-01-19", "close": 908.22998, "volume": 242726, "typical_volume": 41789.0, "trend": 903.450667, "fair_value": 976.89331, "relative_strength": -4.229027, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.112376, "energy": 42.0592, "activity_lines": [ 902.652002, 906.224911, 913.992144, 910.419614 ] }, { "date": "2024-01-26", "close": 914.429993, "volume": 32230, "typical_volume": 43356.0, "trend": 904.452667, "fair_value": 976.490321, "relative_strength": -5.78418, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 4.477898, "energy": 13.146575, "activity_lines": [ 906.563997, 907.23291, 913.940429, 911.127958 ] }, { "date": "2024-02-02", "close": 915.789978, "volume": 102254, "typical_volume": 48194.7, "trend": 905.459001, "fair_value": 976.101216, "relative_strength": -7.695951, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 25.068007, "energy": 13.448671, "activity_lines": [ 910.359989, 908.581088, 913.833141, 911.859397 ] }, { "date": "2024-02-09", "close": 913.880005, "volume": 99567, "typical_volume": 52763.05, "trend": 906.470335, "fair_value": 975.623203, "relative_strength": -6.268745, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.866795, "energy": 25.663513, "activity_lines": [ 912.47666, 909.453816, 913.540189, 912.402688 ] }, { "date": "2024-02-16", "close": 909.950012, "volume": 34424, "typical_volume": 54184.25, "trend": 907.747668, "fair_value": 975.073588, "relative_strength": -6.131365, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.712549, "energy": 24.670851, "activity_lines": [ 912.648665, 909.528546, 912.822047, 912.627183 ] }, { "date": "2024-02-23", "close": 909.409973, "volume": 4114, "typical_volume": 53389.9, "trend": 909.219668, "fair_value": 974.520511, "relative_strength": -5.271116, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 19.470591, "energy": 15.605422, "activity_lines": [ 911.633325, 909.665086, 911.959854, 912.734429 ] }, { "date": "2024-03-08", "close": 900.219971, "volume": 8479, "typical_volume": 53158.6, "trend": 909.967, "fair_value": 973.908524, "relative_strength": -3.135449, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.415142, "energy": 24.529475, "activity_lines": [ 907.475985, 908.306353, 910.236042, 912.153803 ] }, { "date": "2024-03-15", "close": 894.909973, "volume": 50838, "typical_volume": 54705.55, "trend": 909.919332, "fair_value": 973.262498, "relative_strength": -5.818238, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -45.850453, "energy": 57.752792, "activity_lines": [ 902.49598, 906.085258, 908.214992, 911.182382 ] }, { "date": "2024-03-22", "close": 900.030029, "volume": 106050, "typical_volume": 59351.0, "trend": 910.651666, "fair_value": 972.649293, "relative_strength": -5.70992, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.273715, "energy": 65.618015, "activity_lines": [ 900.614661, 904.890356, 906.907043, 910.544363 ] }, { "date": "2024-03-29", "close": 890.859985, "volume": 124, "typical_volume": 59353.2, "trend": 910.775332, "fair_value": 971.979613, "relative_strength": -7.587557, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.038693, "energy": 79.66174, "activity_lines": [ 896.599992, 902.1069, 905.004471, 909.26748 ] }, { "date": "2024-04-05", "close": 885.640015, "volume": 45119, "typical_volume": 61068.65, "trend": 911.152665, "fair_value": 971.217306, "relative_strength": -9.004173, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.924835, "energy": 85.869487, "activity_lines": [ 892.118001, 898.446723, 902.895901, 907.645847 ] }, { "date": "2024-04-12", "close": 898.48999, "volume": 189179, "typical_volume": 69587.3, "trend": 911.916998, "fair_value": 970.533524, "relative_strength": -5.065965, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.488773, "energy": 62.609488, "activity_lines": [ 893.504, 897.533631, 902.16171, 906.8289 ] }, { "date": "2024-04-19", "close": 924.349976, "volume": 20212, "typical_volume": 69573.95, "trend": 912.228664, "fair_value": 969.951729, "relative_strength": -0.996376, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.899101, "energy": 13.213477, "activity_lines": [ 903.625326, 901.612174, 903.990613, 907.631027 ] }, { "date": "2024-04-26", "close": 921.590027, "volume": 89101, "typical_volume": 70268.6, "trend": 912.841998, "fair_value": 969.167178, "relative_strength": -4.539896, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.447574, "energy": 16.445869, "activity_lines": [ 910.864002, 905.033271, 905.48233, 908.234986 ] }, { "date": "2024-05-03", "close": 915.619995, "volume": 1367, "typical_volume": 57244.55, "trend": 913.679331, "fair_value": 968.245896, "relative_strength": -3.889163, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 19.592678, "energy": 34.60255, "activity_lines": [ 914.675334, 907.228725, 906.346901, 908.414212 ] }, { "date": "2024-05-10", "close": 906.710022, "volume": 30212, "typical_volume": 58605.15, "trend": 913.493998, "fair_value": 967.448844, "relative_strength": -5.66314, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.093645, "energy": 32.461234, "activity_lines": [ 913.866008, 907.701094, 906.377808, 907.964579 ] }, { "date": "2024-05-17", "close": 909.429993, "volume": 59453, "typical_volume": 61292.4, "trend": 912.341665, "fair_value": 966.735255, "relative_strength": -5.055187, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.877481, "energy": 25.351395, "activity_lines": [ 912.558671, 908.717093, 906.726617, 907.702385 ] }, { "date": "2024-05-24", "close": 906.940002, "volume": 59181, "typical_volume": 63797.5, "trend": 911.164331, "fair_value": 965.926729, "relative_strength": -1.599375, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -8.901021, "energy": 7.997109, "activity_lines": [ 909.692004, 909.112912, 906.821427, 907.353891 ] }, { "date": "2024-05-31", "close": 920.02002, "volume": 114729, "typical_volume": 67255.05, "trend": 909.879665, "fair_value": 965.213268, "relative_strength": 0.255178, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.192279, "energy": 18.085869, "activity_lines": [ 912.346008, 911.668187, 908.12962, 907.925226 ] }, { "date": "2024-06-07", "close": 993.820007, "volume": 167679, "typical_volume": 72851.9, "trend": 911.273665, "fair_value": 965.135961, "relative_strength": 12.546701, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.231824, "energy": 86.444851, "activity_lines": [ 939.704675, 927.278188, 916.391811, 913.340731 ] }, { "date": "2024-06-14", "close": 1003.849976, "volume": 103525, "typical_volume": 65891.85, "trend": 914.159998, "fair_value": 965.094294, "relative_strength": 15.015189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.5167, "energy": 96.792449, "activity_lines": [ 965.193331, 942.839819, 925.137904, 919.313397 ] }, { "date": "2024-06-21", "close": 984.669983, "volume": 137610, "typical_volume": 71160.85, "trend": 916.330998, "fair_value": 965.033076, "relative_strength": 11.309539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.727825, "energy": 91.169724, "activity_lines": [ 977.812659, 952.764907, 931.601998, 923.862428 ] }, { "date": "2024-06-28", "close": 994.179993, "volume": 64387, "typical_volume": 69267.5, "trend": 919.178998, "fair_value": 964.89282, "relative_strength": 12.760617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.174257, "energy": 91.100725, "activity_lines": [ 988.585991, 962.852179, 938.637331, 928.884944 ] }, { "date": "2024-07-05", "close": 986.299988, "volume": 38116, "typical_volume": 66194.95, "trend": 921.745998, "fair_value": 964.823717, "relative_strength": 11.805334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.19894, "energy": 87.95914, "activity_lines": [ 990.916655, 970.237085, 944.548902, 933.21533 ] }, { "date": "2024-07-12", "close": 961.099976, "volume": 17773, "typical_volume": 65362.4, "trend": 923.157664, "fair_value": 964.640704, "relative_strength": 3.642805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.09738, "energy": 63.113702, "activity_lines": [ 980.42865, 971.863627, 947.715614, 935.754297 ] }, { "date": "2024-07-19", "close": 982.619995, "volume": 174730, "typical_volume": 73893.2, "trend": 925.275997, "fair_value": 964.481601, "relative_strength": 8.243369, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.763697, "energy": 59.733739, "activity_lines": [ 979.295321, 976.57599, 952.688281, 939.590576 ] }, { "date": "2024-07-26", "close": 1007.26001, "volume": 113484, "typical_volume": 79143.45, "trend": 928.654997, "fair_value": 964.637242, "relative_strength": 12.396531, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.885864, "energy": 63.38258, "activity_lines": [ 987.790662, 984.388175, 959.658996, 944.879867 ] }, { "date": "2024-08-02", "close": 1039.5, "volume": 340279, "typical_volume": 93615.5, "trend": 933.299996, "fair_value": 964.698588, "relative_strength": 16.774576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.35301, "energy": 71.202405, "activity_lines": [ 1005.526664, 996.283449, 969.190473, 952.031158 ] }, { "date": "2024-08-09", "close": 1032.079956, "volume": 102927, "typical_volume": 93459.35, "trend": 937.557328, "fair_value": 964.928908, "relative_strength": 13.726196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.856305, "energy": 71.517042, "activity_lines": [ 1017.767985, 1004.419441, 977.326754, 958.404058 ] }, { "date": "2024-08-16", "close": 1021.150024, "volume": 335173, "typical_volume": 110211.8, "trend": 941.767662, "fair_value": 965.001601, "relative_strength": 10.092118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.505625, "energy": 70.526798, "activity_lines": [ 1023.313997, 1008.530721, 983.793281, 963.797135 ] }, { "date": "2024-08-23", "close": 1047.0, "volume": 144477, "typical_volume": 115179.7, "trend": 946.393329, "fair_value": 965.343396, "relative_strength": 13.737118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.705799, "energy": 67.951433, "activity_lines": [ 1033.473332, 1016.845086, 992.101281, 970.586319 ] }, { "date": "2024-08-30", "close": 1079.819946, "volume": 407223, "typical_volume": 126081.9, "trend": 951.906327, "fair_value": 965.867113, "relative_strength": 18.090283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.990237, "energy": 70.22317, "activity_lines": [ 1050.280648, 1030.342169, 1002.76661, 979.194487 ] }, { "date": "2024-09-06", "close": 1099.410034, "volume": 104395, "typical_volume": 130291.05, "trend": 958.026996, "fair_value": 966.476665, "relative_strength": 23.839277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.330647, "energy": 90.088706, "activity_lines": [ 1068.780664, 1045.671086, 1014.434185, 988.710856 ] }, { "date": "2024-09-13", "close": 1058.800049, "volume": 147854, "typical_volume": 133228.7, "trend": 962.857664, "fair_value": 966.739101, "relative_strength": 16.624033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.045143, "energy": 77.737191, "activity_lines": [ 1069.750016, 1051.703096, 1021.400523, 995.212343 ] }, { "date": "2024-09-20", "close": 1071.0, "volume": 90745, "typical_volume": 137697.6, "trend": 968.225997, "fair_value": 967.101409, "relative_strength": 17.175892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.454065, "energy": 75.877485, "activity_lines": [ 1073.004679, 1058.635096, 1028.87538, 1002.189268 ] }, { "date": "2024-09-27", "close": 1086.98999, "volume": 26849, "typical_volume": 137529.45, "trend": 974.145331, "fair_value": 967.669934, "relative_strength": 17.214029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.263981, "energy": 72.473532, "activity_lines": [ 1078.266007, 1066.476185, 1037.133189, 1009.851461 ] }, { "date": "2024-10-04", "close": 1063.48999, "volume": 65586, "typical_volume": 137836.1, "trend": 979.587665, "fair_value": 968.100447, "relative_strength": 14.67245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.083318, "energy": 54.193677, "activity_lines": [ 1073.028003, 1068.14691, 1042.294427, 1015.615632 ] }, { "date": "2024-10-11", "close": 1068.420044, "volume": 80558, "typical_volume": 138904.95, "trend": 985.371334, "fair_value": 968.587178, "relative_strength": 15.365461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.705082, "energy": 50.04239, "activity_lines": [ 1070.522013, 1069.691646, 1047.191574, 1021.346754 ] }, { "date": "2024-10-18", "close": 1097.550049, "volume": 13016, "typical_volume": 133819.3, "trend": 991.955335, "fair_value": 969.193332, "relative_strength": 16.883884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.845439, "energy": 55.342173, "activity_lines": [ 1079.792025, 1076.006927, 1054.094055, 1028.58409 ] }, { "date": "2024-10-25", "close": 1099.459961, "volume": 9373, "typical_volume": 125904.0, "trend": 998.908667, "fair_value": 969.704742, "relative_strength": 19.618749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.41455, "energy": 56.119565, "activity_lines": [ 1087.11534, 1081.479099, 1060.333051, 1035.519873 ] }, { "date": "2024-11-01", "close": 1123.319946, "volume": 123161, "typical_volume": 126885.8, "trend": 1006.831331, "fair_value": 970.273653, "relative_strength": 24.704462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.1512, "energy": 71.791137, "activity_lines": [ 1100.494653, 1089.865634, 1068.341379, 1043.546407 ] }, { "date": "2024-11-08", "close": 1120.47998, "volume": 22038, "typical_volume": 121107.2, "trend": 1014.230998, "fair_value": 970.806793, "relative_strength": 21.170862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.281286, "energy": 85.426567, "activity_lines": [ 1110.505314, 1096.348175, 1075.51033, 1050.878578 ] }, { "date": "2024-11-15", "close": 1131.319946, "volume": 160809, "typical_volume": 125928.3, "trend": 1021.129997, "fair_value": 971.574229, "relative_strength": 25.068077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.560937, "energy": 87.133185, "activity_lines": [ 1120.329964, 1104.062347, 1083.064944, 1058.432703 ] }, { "date": "2024-11-22", "close": 1136.459961, "volume": 80481, "typical_volume": 128046.55, "trend": 1028.292328, "fair_value": 972.372434, "relative_strength": 25.117412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.385383, "energy": 89.02419, "activity_lines": [ 1127.674625, 1112.130886, 1090.456037, 1065.873346 ] }, { "date": "2024-11-29", "close": 1129.640015, "volume": 94779, "typical_volume": 131896.85, "trend": 1035.426329, "fair_value": 973.021729, "relative_strength": 25.182319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.288482, "energy": 83.071977, "activity_lines": [ 1130.151978, 1117.547436, 1096.482562, 1072.411907 ] }, { "date": "2024-12-06", "close": 1122.829956, "volume": 63996, "typical_volume": 126360.15, "trend": 1042.630326, "fair_value": 973.689485, "relative_strength": 20.068317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.221132, "energy": 65.921311, "activity_lines": [ 1128.347306, 1120.659612, 1101.05794, 1078.05085 ] }, { "date": "2024-12-13", "close": 1121.51001, "volume": 385037, "typical_volume": 139937.8, "trend": 1049.69966, "fair_value": 974.262626, "relative_strength": 18.691647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.139619, "energy": 61.562941, "activity_lines": [ 1126.135319, 1122.880162, 1104.839941, 1083.139862 ] }, { "date": "2024-12-20", "close": 1118.920044, "volume": 2835, "typical_volume": 123065.6, "trend": 1056.765662, "fair_value": 974.580576, "relative_strength": 22.440603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.097416, "energy": 49.087832, "activity_lines": [ 1122.991341, 1123.5749, 1107.831232, 1087.605693 ] }, { "date": "2024-12-27", "close": 1119.619995, "volume": 91, "typical_volume": 117923.8, "trend": 1063.418994, "fair_value": 974.950704, "relative_strength": 22.369837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.371945, "energy": 42.683701, "activity_lines": [ 1120.907341, 1123.47872, 1110.510994, 1091.660812 ] }, { "date": "2025-01-03", "close": 1149.5, "volume": 44580, "typical_volume": 103394.15, "trend": 1068.608327, "fair_value": 975.571537, "relative_strength": 25.477851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.544244, "energy": 54.032765, "activity_lines": [ 1129.906006, 1128.413996, 1115.619613, 1097.214425 ] }, { "date": "2025-01-10", "close": 1156.800049, "volume": 32729, "typical_volume": 97806.75, "trend": 1073.706663, "fair_value": 976.310897, "relative_strength": 23.727257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.312493, "energy": 59.107035, "activity_lines": [ 1140.014022, 1133.766735, 1120.812285, 1102.904213 ] }, { "date": "2025-01-17", "close": 1162.060059, "volume": 268865, "typical_volume": 90888.85, "trend": 1079.619666, "fair_value": 977.137884, "relative_strength": 22.536161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.770627, "energy": 71.747985, "activity_lines": [ 1149.610702, 1139.46711, 1125.983053, 1108.604432 ] }, { "date": "2025-01-24", "close": 1134.109985, "volume": 62819, "typical_volume": 88810.05, "trend": 1084.283999, "fair_value": 977.835063, "relative_strength": 15.622765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.61842, "energy": 54.958878, "activity_lines": [ 1147.187354, 1139.329652, 1128.100289, 1112.119937 ] }, { "date": "2025-01-31", "close": 1157.800049, "volume": 158058, "typical_volume": 89320.25, "trend": 1090.000667, "fair_value": 978.651346, "relative_strength": 17.605832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.851585, "energy": 56.304091, "activity_lines": [ 1151.648031, 1143.448751, 1132.308484, 1116.862908 ] }, { "date": "2025-02-07", "close": 1147.880005, "volume": 190862, "typical_volume": 94326.1, "trend": 1096.226668, "fair_value": 979.491731, "relative_strength": 12.372945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.277206, "energy": 48.361344, "activity_lines": [ 1150.25669, 1145.376203, 1135.100484, 1120.597059 ] }, { "date": "2025-02-14", "close": 1143.880005, "volume": 24968, "typical_volume": 94232.05, "trend": 1101.602002, "fair_value": 980.256602, "relative_strength": 8.808029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.487567, "energy": 39.390569, "activity_lines": [ 1147.640015, 1146.244747, 1137.145437, 1123.671468 ] }, { "date": "2025-02-21", "close": 1146.449951, "volume": 18966, "typical_volume": 91901.05, "trend": 1106.241667, "fair_value": 980.93673, "relative_strength": 9.156994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.633174, "energy": 31.218844, "activity_lines": [ 1146.741325, 1147.197825, 1139.164242, 1126.564884 ] }, { "date": "2025-02-28", "close": 1148.920044, "volume": 224063, "typical_volume": 99076.3, "trend": 1109.889001, "fair_value": 981.720576, "relative_strength": 11.697052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.850708, "energy": 28.071405, "activity_lines": [ 1147.706673, 1148.146558, 1141.023246, 1129.318327 ] }, { "date": "2025-03-07", "close": 1142.839966, "volume": 463906, "typical_volume": 121620.8, "trend": 1113.581002, "fair_value": 982.51673, "relative_strength": 9.464055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.255925, "energy": 23.343465, "activity_lines": [ 1145.657992, 1147.444367, 1141.919861, 1131.444196 ] }, { "date": "2025-03-14", "close": 1123.77002, "volume": 93066, "typical_volume": 125805.45, "trend": 1117.001668, "fair_value": 983.225832, "relative_strength": 7.789672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.266291, "energy": 11.526298, "activity_lines": [ 1138.25, 1142.852732, 1140.784626, 1132.101552 ] }, { "date": "2025-03-21", "close": 1138.930054, "volume": 344779, "typical_volume": 136886.35, "trend": 1120.066003, "fair_value": 984.012179, "relative_strength": 8.25367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.67447, "energy": 14.058006, "activity_lines": [ 1137.502686, 1141.485285, 1140.97744, 1133.516287 ] }, { "date": "2025-03-28", "close": 1151.189941, "volume": 21175, "typical_volume": 136843.2, "trend": 1122.445003, "fair_value": 984.795384, "relative_strength": 7.75389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.010561, "energy": 16.47745, "activity_lines": [ 1141.171997, 1142.671817, 1142.26353, 1135.524283 ] }, { "date": "2025-04-04", "close": 1157.5, "volume": 480198, "typical_volume": 152812.65, "trend": 1124.381335, "fair_value": 985.520319, "relative_strength": 11.19513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.985597, "energy": 23.672108, "activity_lines": [ 1146.628662, 1145.203272, 1144.004339, 1137.785895 ] }, { "date": "2025-04-11", "close": 1151.920044, "volume": 346196, "typical_volume": 166098.4, "trend": 1127.485335, "fair_value": 986.372307, "relative_strength": 9.882658, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.753474, "energy": 27.11909, "activity_lines": [ 1149.653345, 1146.294915, 1145.089057, 1139.562586 ] }, { "date": "2025-04-18", "close": 1129.130005, "volume": 116469, "typical_volume": 167182.9, "trend": 1129.423002, "fair_value": 987.205255, "relative_strength": 4.15405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.101993, "energy": 14.448311, "activity_lines": [ 1144.476009, 1143.349825, 1143.929675, 1139.668694 ] }, { "date": "2025-04-25", "close": 1106.290039, "volume": 225670, "typical_volume": 175266.6, "trend": 1130.066337, "fair_value": 987.92814, "relative_strength": -4.931497, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.221989, "energy": 12.590118, "activity_lines": [ 1131.328019, 1136.592922, 1140.597488, 1138.176245 ] }, { "date": "2025-05-02", "close": 1110.0, "volume": 3847, "typical_volume": 156207.1, "trend": 1131.616671, "fair_value": 988.622755, "relative_strength": -3.410333, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.573439, "energy": 37.338212, "activity_lines": [ 1121.592684, 1131.194012, 1137.697391, 1136.881642 ] }, { "date": "2025-05-09", "close": 1104.060059, "volume": 360330, "typical_volume": 174081.85, "trend": 1132.804671, "fair_value": 989.357307, "relative_strength": -5.519544, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.63787, "energy": 55.106649, "activity_lines": [ 1112.623364, 1125.377839, 1134.286396, 1135.103796 ] }, { "date": "2025-05-16", "close": 1102.719971, "volume": 8735, "typical_volume": 174514.05, "trend": 1132.977002, "fair_value": 989.961089, "relative_strength": -8.246281, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.749029, "energy": 60.561415, "activity_lines": [ 1106.770012, 1120.133649, 1130.818534, 1133.162848 ] }, { "date": "2025-05-23", "close": 1091.280029, "volume": 240451, "typical_volume": 184307.6, "trend": 1132.704338, "fair_value": 990.436987, "relative_strength": -10.049402, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.150599, "energy": 79.331697, "activity_lines": [ 1100.38335, 1113.538925, 1126.341631, 1130.472721 ] }, { "date": "2025-05-30", "close": 1101.280029, "volume": 2107, "typical_volume": 182776.5, "trend": 1131.969674, "fair_value": 991.030577, "relative_strength": -8.53306, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.313926, "energy": 69.935382, "activity_lines": [ 1099.853353, 1109.353109, 1123.094347, 1128.445346 ] }, { "date": "2025-06-06", "close": 1086.689941, "volume": 136811, "typical_volume": 176173.8, "trend": 1130.843339, "fair_value": 991.506922, "relative_strength": -10.082806, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.321504, "energy": 74.441529, "activity_lines": [ 1094.793994, 1103.199097, 1118.721912, 1125.524073 ] }, { "date": "2025-06-13", "close": 1075.97998, "volume": 345838, "typical_volume": 190324.75, "trend": 1128.998674, "fair_value": 992.005961, "relative_strength": -9.962843, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.870076, "energy": 81.080591, "activity_lines": [ 1087.718652, 1096.270545, 1113.688385, 1121.984501 ] }, { "date": "2025-06-20", "close": 1086.0, "volume": 197605, "typical_volume": 192302.1, "trend": 1127.316675, "fair_value": 992.678333, "relative_strength": -7.283967, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.564817, "energy": 67.40747, "activity_lines": [ 1085.855322, 1092.645998, 1109.885956, 1119.210393 ] }, { "date": "2025-06-27", "close": 1071.910034, "volume": 218725, "typical_volume": 193695.25, "trend": 1125.392342, "fair_value": 993.241858, "relative_strength": -10.260327, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.718838, "energy": 79.211196, "activity_lines": [ 1080.410001, 1087.658185, 1105.08353, 1115.635771 ] }, { "date": "2025-07-04", "close": 1064.280029, "volume": 119254, "typical_volume": 198409.55, "trend": 1123.440678, "fair_value": 993.67891, "relative_strength": -11.760122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.065337, "energy": 84.384755, "activity_lines": [ 1073.712679, 1082.323462, 1099.916199, 1111.693041 ] }, { "date": "2025-07-11", "close": 1063.780029, "volume": 75281, "typical_volume": 201225.3, "trend": 1121.516345, "fair_value": 993.985513, "relative_strength": -9.753571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.507488, "energy": 87.027362, "activity_lines": [ 1069.315356, 1077.661647, 1095.080297, 1107.843967 ] }, { "date": "2025-07-18", "close": 1070.430054, "volume": 116703, "typical_volume": 195857.3, "trend": 1119.900012, "fair_value": 994.410834, "relative_strength": -8.733054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.729707, "energy": 83.55287, "activity_lines": [ 1068.662036, 1075.049292, 1091.271396, 1104.548078 ] }, { "date": "2025-07-25", "close": 1060.900024, "volume": 33917, "typical_volume": 174357.85, "trend": 1117.94268, "fair_value": 994.761539, "relative_strength": -11.15588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.180821, "energy": 86.190117, "activity_lines": [ 1065.202034, 1071.315658, 1086.928635, 1100.741627 ] }, { "date": "2025-08-01", "close": 1083.839966, "volume": 67473, "typical_volume": 173078.2, "trend": 1115.754012, "fair_value": 995.168077, "relative_strength": -8.488159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.461598, "energy": 54.53343, "activity_lines": [ 1071.062012, 1072.513286, 1085.160821, 1098.541452 ] }, { "date": "2025-08-08", "close": 1059.069946, "volume": 467882, "typical_volume": 179233.35, "trend": 1112.496342, "fair_value": 995.394423, "relative_strength": -12.282779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.720203, "energy": 55.455776, "activity_lines": [ 1067.869987, 1069.342547, 1081.224101, 1094.884415 ] }, { "date": "2025-08-15", "close": 1074.030029, "volume": 61005, "typical_volume": 181224.85, "trend": 1109.562008, "fair_value": 995.665513, "relative_strength": -11.387407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.111095, "energy": 39.855992, "activity_lines": [ 1070.011995, 1069.659279, 1079.092436, 1092.402717 ] }, { "date": "2025-08-22", "close": 1067.0, "volume": 108373, "typical_volume": 162633.6, "trend": 1107.325008, "fair_value": 995.979615, "relative_strength": -13.187491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.495369, "energy": 35.606413, "activity_lines": [ 1069.127327, 1068.928005, 1076.658673, 1089.656781 ] }, { "date": "2025-08-29", "close": 1071.619995, "volume": 3181, "typical_volume": 145482.85, "trend": 1104.45234, "fair_value": 996.369039, "relative_strength": -11.868444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.365825, "energy": 36.898435, "activity_lines": [ 1070.011328, 1069.200002, 1075.095862, 1087.353232 ] }, { "date": "2025-09-05", "close": 1075.550049, "volume": 118687, "typical_volume": 145593.75, "trend": 1102.041341, "fair_value": 996.898205, "relative_strength": -13.836192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.032871, "energy": 28.252845, "activity_lines": [ 1071.490682, 1070.448009, 1074.289723, 1085.488568 ] }, { "date": "2025-09-12", "close": 1062.160034, "volume": 302794, "typical_volume": 149449.95, "trend": 1099.317342, "fair_value": 997.261155, "relative_strength": -16.478761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.746082, "energy": 37.972274, "activity_lines": [ 1069.059359, 1069.195286, 1072.463487, 1082.915581 ] }, { "date": "2025-09-19", "close": 1057.0, "volume": 896254, "typical_volume": 194070.3, "trend": 1096.335677, "fair_value": 997.651026, "relative_strength": -15.815794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.476604, "energy": 41.88199, "activity_lines": [ 1064.702018, 1067.04292, 1070.355963, 1080.18543 ] }, { "date": "2025-09-26", "close": 1059.390015, "volume": 82666, "typical_volume": 180187.1, "trend": 1093.351343, "fair_value": 998.044937, "relative_strength": -16.844202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.572978, "energy": 43.496553, "activity_lines": [ 1062.276685, 1065.448375, 1068.728439, 1077.801839 ] }, { "date": "2025-10-03", "close": 1060.52002, "volume": 260585, "typical_volume": 192779.6, "trend": 1090.607345, "fair_value": 998.455706, "relative_strength": -16.077102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.533943, "energy": 49.163139, "activity_lines": [ 1060.735352, 1064.260014, 1067.42125, 1075.683689 ] }, { "date": "2025-10-10", "close": 1070.219971, "volume": 43247, "typical_volume": 182919.4, "trend": 1088.822343, "fair_value": 998.951219, "relative_strength": -13.107185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.584758, "energy": 37.67203, "activity_lines": [ 1063.167334, 1064.84219, 1067.238818, 1074.368374 ] }, { "date": "2025-10-17", "close": 1063.099976, "volume": 49952, "typical_volume": 185311.65, "trend": 1086.294674, "fair_value": 999.293462, "relative_strength": -15.048272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.928044, "energy": 32.479875, "activity_lines": [ 1063.581324, 1064.377457, 1066.478577, 1072.708867 ] }, { "date": "2025-10-24", "close": 1065.900024, "volume": 193881, "typical_volume": 188165.15, "trend": 1083.451676, "fair_value": 999.661731, "relative_strength": -13.679728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.643145, "energy": 22.632432, "activity_lines": [ 1064.865999, 1064.348551, 1066.166817, 1071.393083 ] }, { "date": "2025-10-31", "close": 1073.589966, "volume": 195619, "typical_volume": 180654.2, "trend": 1080.654675, "fair_value": 1000.120641, "relative_strength": -14.893762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.817696, "energy": 14.39329, "activity_lines": [ 1068.120654, 1065.865634, 1066.686432, 1070.756844 ] }, { "date": "2025-11-07", "close": 1068.650024, "volume": 111951, "typical_volume": 176371.5, "trend": 1077.879008, "fair_value": 1000.540001, "relative_strength": -15.713565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.843873, "energy": 14.207983, "activity_lines": [ 1068.781999, 1066.364728, 1066.746957, 1069.98235 ] }, { "date": "2025-11-14", "close": 1061.5, "volume": 103408, "typical_volume": 170605.65, "trend": 1075.624674, "fair_value": 1000.912116, "relative_strength": -14.427472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.891892, "energy": 16.788779, "activity_lines": [ 1066.518001, 1065.617818, 1066.209147, 1068.92564 ] }, { "date": "2025-11-21", "close": 1070.48999, "volume": 459071, "typical_volume": 187596.5, "trend": 1074.431339, "fair_value": 1001.395706, "relative_strength": -12.631295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.094123, "energy": 8.44888, "activity_lines": [ 1067.831999, 1066.760906, 1066.577097, 1068.59437 ] }, { "date": "2025-11-28", "close": 1063.0, "volume": 279447, "typical_volume": 197804.8, "trend": 1072.864673, "fair_value": 1001.863975, "relative_strength": -15.09662, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.008621, "energy": 17.789554, "activity_lines": [ 1066.156665, 1066.390725, 1066.202144, 1067.856864 ] }, { "date": "2025-12-05", "close": 1055.790039, "volume": 230793, "typical_volume": 203509.3, "trend": 1071.255672, "fair_value": 1002.36827, "relative_strength": -14.949091, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.36029, "energy": 38.255878, "activity_lines": [ 1062.271346, 1064.60055, 1065.144243, 1066.755275 ] }, { "date": "2025-12-12", "close": 1047.47998, "volume": 85628, "typical_volume": 206094.85, "trend": 1069.414339, "fair_value": 1002.797629, "relative_strength": -16.905746, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.84985, "energy": 61.665621, "activity_lines": [ 1056.802669, 1061.36491, 1063.364622, 1065.221359 ] }, { "date": "2025-12-19", "close": 1046.0, "volume": 403723, "typical_volume": 222907.35, "trend": 1067.905005, "fair_value": 1003.233591, "relative_strength": -15.538592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.934, "energy": 74.955654, "activity_lines": [ 1052.252002, 1058.097274, 1061.507955, 1063.710757 ] }, { "date": "2025-12-26", "close": 1041.359985, "volume": 159853, "typical_volume": 207505.9, "trend": 1065.90767, "fair_value": 1003.550065, "relative_strength": -17.490574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.541608, "energy": 82.453875, "activity_lines": [ 1047.187996, 1054.426363, 1059.389572, 1061.998175 ] }, { "date": "2026-01-02", "close": 1047.75, "volume": 52123, "typical_volume": 207061.8, "trend": 1064.609672, "fair_value": 1003.918783, "relative_strength": -14.437983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.60657, "energy": 78.482521, "activity_lines": [ 1046.195996, 1052.312544, 1057.964096, 1060.826712 ] }, { "date": "2026-01-09", "close": 1047.969971, "volume": 553652, "typical_volume": 229325.75, "trend": 1063.676005, "fair_value": 1004.353655, "relative_strength": -16.279705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.525918, "energy": 73.965798, "activity_lines": [ 1046.293986, 1050.568721, 1056.684712, 1059.753183 ] }, { "date": "2026-01-16", "close": 1028.959961, "volume": 404843, "typical_volume": 249408.85, "trend": 1061.77467, "fair_value": 1004.731603, "relative_strength": -18.46143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.793179, "energy": 83.922104, "activity_lines": [ 1040.576644, 1045.834351, 1053.68547, 1057.513438 ] }, { "date": "2026-01-23", "close": 1012.640015, "volume": 578575, "typical_volume": 272403.25, "trend": 1059.799003, "fair_value": 1005.052372, "relative_strength": -20.405877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.37693, "energy": 82.535095, "activity_lines": [ 1030.653988, 1038.854355, 1049.33509, 1054.34346 ] }, { "date": "2026-01-30", "close": 1015.52002, "volume": 403087, "typical_volume": 277417.9, "trend": 1058.173669, "fair_value": 1005.439488, "relative_strength": -18.840855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.792841, "energy": 88.340713, "activity_lines": [ 1023.915332, 1033.286359, 1045.558568, 1051.486752 ] }, { "date": "2026-02-06", "close": 1006.940002, "volume": 56119, "typical_volume": 235411.15, "trend": 1056.279002, "fair_value": 1005.799039, "relative_strength": -22.571026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.994145, "energy": 92.907161, "activity_lines": [ 1016.039335, 1027.157815, 1041.186997, 1048.181354 ] }, { "date": "2026-02-13", "close": 1002.320007, "volume": 562274, "typical_volume": 259391.55, "trend": 1054.008667, "fair_value": 1006.128463, "relative_strength": -23.073604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.84602, "energy": 92.914462, "activity_lines": [ 1009.344006, 1021.208544, 1036.613808, 1044.700128 ] }, { "date": "2026-02-20", "close": 1002.869995, "volume": 251581, "typical_volume": 258941.35, "trend": 1052.074333, "fair_value": 1006.497501, "relative_strength": -22.38854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.830377, "energy": 90.51428, "activity_lines": [ 1005.875338, 1016.331453, 1032.36476, 1041.400859 ] }, { "date": "2026-02-27", "close": 1007.0, "volume": 138361, "typical_volume": 263697.05, "trend": 1049.513, "fair_value": 1006.988206, "relative_strength": -21.378797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.979258, "energy": 85.785707, "activity_lines": [ 1005.522668, 1013.016363, 1028.78357, 1038.492838 ] }, { "date": "2026-03-06", "close": 1041.0, "volume": 348093, "typical_volume": 278604.1, "trend": 1048.910669, "fair_value": 1007.664552, "relative_strength": -13.209652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.918694, "energy": 45.59132, "activity_lines": [ 1016.879333, 1016.592182, 1028.741522, 1037.943612 ] }, { "date": "2026-03-13", "close": 1052.0, "volume": 465562, "typical_volume": 292188.15, "trend": 1048.176335, "fair_value": 1008.549809, "relative_strength": -9.542749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.331126, "energy": 19.279895, "activity_lines": [ 1030.204, 1022.174546, 1029.852332, 1038.142924 ] }, { "date": "2026-03-20", "close": 1051.380005, "volume": 91423, "typical_volume": 286978.35, "trend": 1047.655668, "fair_value": 1009.250129, "relative_strength": -6.933586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.971223, "energy": 24.88657, "activity_lines": [ 1040.318001, 1027.566911, 1030.970285, 1038.349612 ] }, { "date": "2026-03-27", "close": 1061.829956, "volume": 182738, "typical_volume": 290517.7, "trend": 1047.329334, "fair_value": 1009.886988, "relative_strength": -9.035171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 35.176727, "energy": 42.711466, "activity_lines": [ 1050.644653, 1034.797267, 1033.189233, 1039.264082 ] }, { "date": "2026-04-03", "close": 1047.630005, "volume": 506866, "typical_volume": 310690.6, "trend": 1046.398665, "fair_value": 1010.571796, "relative_strength": -13.425259, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.752606, "energy": 36.729944, "activity_lines": [ 1052.307324, 1038.848177, 1034.088282, 1039.28348 ] }, { "date": "2026-04-10", "close": 1017.0, "volume": 246657, "typical_volume": 300069.9, "trend": 1044.893331, "fair_value": 1011.200963, "relative_strength": -15.608918, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -22.113655, "energy": 21.396002, "activity_lines": [ 1041.051327, 1036.693813, 1032.136234, 1037.386792 ] }, { "date": "2026-04-17", "close": 1010.789978, "volume": 275994, "typical_volume": 299897.25, "trend": 1043.352997, "fair_value": 1011.680257, "relative_strength": -15.241018, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.132528, "energy": 23.247366, "activity_lines": [ 1029.325321, 1033.383446, 1029.847471, 1035.186576 ] }, { "date": "2026-04-24", "close": 1022.559998, "volume": 709470, "typical_volume": 323831.1, "trend": 1042.12533, "fair_value": 1012.303142, "relative_strength": -13.053177, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.308892, "energy": 34.438927, "activity_lines": [ 1024.269991, 1032.143083, 1028.92828, 1033.845092 ] }, { "date": "2026-05-01", "close": 1029.050049, "volume": 406480, "typical_volume": 339873.7, "trend": 1041.076331, "fair_value": 1012.990898, "relative_strength": -10.251732, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.51961, "energy": 36.900095, "activity_lines": [ 1023.299345, 1031.71473, 1028.785428, 1033.001526 ] }, { "date": "2026-05-08", "close": 1013.299988, "volume": 229836, "typical_volume": 331179.35, "trend": 1039.178998, "fair_value": 1013.538591, "relative_strength": -13.65934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.157629, "energy": 49.068104, "activity_lines": [ 1019.264006, 1027.946728, 1027.230332, 1031.209504 ] }, { "date": "2026-05-15", "close": 1022.890015, "volume": 543433, "typical_volume": 350358.35, "trend": 1037.838666, "fair_value": 1014.202309, "relative_strength": -10.024125, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.980918, "energy": 40.976485, "activity_lines": [ 1020.71401, 1025.807822, 1026.744286, 1030.158602 ] }, { "date": "2026-05-22", "close": 1020.070007, "volume": 311636, "typical_volume": 363334.0, "trend": 1036.310999, "fair_value": 1014.951668, "relative_strength": -10.35382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.22138, "energy": 29.775223, "activity_lines": [ 1020.831344, 1023.485459, 1026.077621, 1029.012236 ] }, { "date": "2026-05-29", "close": 1024.900024, "volume": 1169355, "typical_volume": 394119.15, "trend": 1034.688, "fair_value": 1015.681412, "relative_strength": -9.836693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.072207, "energy": 27.074181, "activity_lines": [ 1021.940015, 1022.621827, 1026.002766, 1028.276045 ] }, { "date": "2026-06-05", "close": 1034.609985, "volume": 53267, "typical_volume": 376540.35, "trend": 1033.553333, "fair_value": 1016.486668, "relative_strength": -5.278186, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.053561, "energy": 10.160121, "activity_lines": [ 1026.129337, 1024.005097, 1026.962526, 1028.271011 ] }, { "date": "2026-06-12", "close": 1017.599976, "volume": 84123, "typical_volume": 351817.75, "trend": 1032.089998, "fair_value": 1017.246411, "relative_strength": -8.922748, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.792999, "energy": 18.497968, "activity_lines": [ 1024.277995, 1022.790546, 1026.275381, 1027.241763 ] }, { "date": "2026-06-19", "close": 1025.969971, "volume": 143123, "typical_volume": 338819.55, "trend": 1030.605998, "fair_value": 1018.121988, "relative_strength": -7.386318, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.514322, "energy": 13.756465, "activity_lines": [ 1024.929985, 1023.643813, 1026.361759, 1026.846922 ] }, { "date": "2026-06-26", "close": 1034.0, "volume": 199, "typical_volume": 336023.55, "trend": 1029.639331, "fair_value": 1019.092629, "relative_strength": -5.630295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.773284, "energy": 8.483619, "activity_lines": [ 1028.05332, 1025.793995, 1027.16314, 1027.06589 ] }, { "date": "2026-07-03", "close": 1034.5, "volume": 37, "typical_volume": 307911.7, "trend": 1028.929663, "fair_value": 1020.055001, "relative_strength": -5.023248, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.772446, "energy": 12.110752, "activity_lines": [ 1030.414657, 1027.613086, 1027.883283, 1027.379481 ] }, { "date": "2026-07-10", "close": 1036.859985, "volume": 270678, "typical_volume": 308866.55, "trend": 1028.575663, "fair_value": 1021.024616, "relative_strength": -3.633046, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.782461, "energy": 33.985455, "activity_lines": [ 1032.922656, 1029.644174, 1028.674949, 1027.891115 ] }, { "date": "2026-07-17", "close": 1039.869995, "volume": 102303, "typical_volume": 307063.65, "trend": 1028.37133, "fair_value": 1022.026732, "relative_strength": -3.160434, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.215428, "energy": 58.145013, "activity_lines": [ 1036.283992, 1032.080537, 1029.591425, 1028.619782 ] }, { "date": "2026-07-24", "close": 1037.410034, "volume": 354472, "typical_volume": 307382.6, "trend": 1028.239665, "fair_value": 1023.089424, "relative_strength": -2.689862, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.781899, "energy": 57.560109, "activity_lines": [ 1037.340674, 1033.586544, 1030.117095, 1029.202924 ] }, { "date": "2026-07-31", "close": 1027.069946, "volume": 335928, "typical_volume": 300900.9, "trend": 1027.55033, "fair_value": 1024.126732, "relative_strength": -4.031049, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.315606, "energy": 38.27986, "activity_lines": [ 1034.187988, 1032.948535, 1029.67509, 1029.127458 ] }, { "date": "2026-08-07", "close": 1018.820007, "volume": 203066, "typical_volume": 306483.05, "trend": 1026.578664, "fair_value": 1025.030706, "relative_strength": -4.457491, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 11.433721, "energy": 7.710378, "activity_lines": [ 1028.747326, 1030.683265, 1028.566091, 1028.564212 ] } ], "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." } } }