{ "ticker": { "uuid": "f778ff6f-21d3-4bb3-affa-e4d719df5175", "symbol": "IDXX", "name": "IDEXX Laboratories, 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 95.786, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 15.262, "architecture_energy": 29.059, "architecture_maturity": 31.227, "architecture_confidence": 43.715, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 41.84, "rotation_up": 50.46, "upward_expansion": 37.03, "deceleration": 44.19, "rotation_down": 19.47, "downward_expansion": 47.7 }, "activity_lines": [ 10145.463216, 9993.668057, 9868.030153, 9980.243084 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 10400.0, "trend_reference": 10316.010677, "distance_from_trend": 0.008142, "trend_direction": "Weakening", "fair_value": 9695.39225, "distance_from_fair_value": 0.072674, "fair_value_direction": "Improving", "relative_strength": -9.471579, "relative_strength_direction": "Improving", "price_momentum": -0.068935, "excess_performance": -0.014268, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.008142, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.090989, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.072674, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.038341, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.094716, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.114777, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.068935, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.889021, "read": "Supply-led" } ], "volume": { "latest": 520, "relative_activity": 4.243166, "balance": 0.889021, "dry_up": 2.141983, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.032116, "annualized_volatility": 0.263711, "from_high_reference": -0.263977, "from_low_reference": 0.141709 }, "levels": { "trend_reference": 10316.010677, "fair_value_reference": 9695.39225, "structural_low": 9109.150391, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.036971, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.074069, "regime_survival": 0.333333, "best_return": 0.04535, "worst_return": -0.008557, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.036206, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.024133, "regime_survival": 0.0, "best_return": 0.10721, "worst_return": -0.034797, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.179204, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.178218, "regime_survival": 0.0, "best_return": 0.3336, "worst_return": 0.024808, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.18497, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.155117, "regime_survival": 0.0, "best_return": 0.18497, "worst_return": 0.18497, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": -0.004497, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": 0.054753, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.048488, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.066294, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.03412, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-09", "tenure": "Developing", "return": -0.011105, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": 0.010198, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-10-03", "tenure": "Established", "return": 0.13946, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": 0.162312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-01-02", "tenure": "Developing", "return": -0.033059, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-09", "end": "2026-01-30", "tenure": "New", "return": -0.014843, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": -0.032426, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-07-24", "tenure": "Established", "return": -0.041952, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.07772, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8644.620117, "volume": 0, "typical_volume": 41.35, "trend": 8666.344629, "fair_value": 9785.738762, "relative_strength": 4.058294, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.968834, "energy": 39.633666, "activity_lines": [ 8772.37207, 8754.093306, 8637.136537, 8643.428121 ] }, { "date": "2023-08-25", "close": 8644.620117, "volume": 0, "typical_volume": 41.35, "trend": 8672.410644, "fair_value": 9777.093924, "relative_strength": 3.964014, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.996689, "energy": 15.44686, "activity_lines": [ 8708.496094, 8748.849876, 8642.260886, 8642.026539 ] }, { "date": "2023-09-01", "close": 8568.549805, "volume": 77, "typical_volume": 43.35, "trend": 8675.940983, "fair_value": 9768.007126, "relative_strength": 3.005156, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.853413, "energy": 36.863032, "activity_lines": [ 8640.555339, 8723.552379, 8641.427967, 8635.32584 ] }, { "date": "2023-09-08", "close": 8568.549805, "volume": 0, "typical_volume": 43.35, "trend": 8659.229655, "fair_value": 9759.055952, "relative_strength": 4.054087, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.569879, "energy": 38.182287, "activity_lines": [ 8598.97793, 8695.717614, 8639.649572, 8628.397377 ] }, { "date": "2023-09-15", "close": 7710.5, "volume": 41, "typical_volume": 43.25, "trend": 8613.231315, "fair_value": 9743.881463, "relative_strength": -4.289516, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.830151, "energy": 89.502792, "activity_lines": [ 8297.747266, 8509.336523, 8555.206673, 8567.189012 ] }, { "date": "2023-09-22", "close": 7710.5, "volume": 0, "typical_volume": 40.85, "trend": 8567.232975, "fair_value": 9728.930129, "relative_strength": -4.856654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.322606, "energy": 98.608448, "activity_lines": [ 8058.791276, 8336.01907, 8475.713774, 8508.948282 ] }, { "date": "2023-09-29", "close": 7710.5, "volume": 0, "typical_volume": 40.85, "trend": 8536.383301, "fair_value": 9714.197062, "relative_strength": -3.315627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.973673, "energy": 97.170496, "activity_lines": [ 7882.109961, 8185.492525, 8400.066113, 8453.675187 ] }, { "date": "2023-10-06", "close": 7710.5, "volume": 0, "typical_volume": 40.85, "trend": 8505.533626, "fair_value": 9699.677519, "relative_strength": -1.04281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.990815, "energy": 92.99133, "activity_lines": [ 7767.70332, 8057.756889, 8328.26369, 8400.392393 ] }, { "date": "2023-10-13", "close": 7850.0, "volume": 6, "typical_volume": 41.15, "trend": 8470.66696, "fair_value": 9686.370486, "relative_strength": 1.159872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.663625, "energy": 89.026763, "activity_lines": [ 7757.0, 7978.175799, 8273.59222, 8358.099901 ] }, { "date": "2023-10-20", "close": 7833.459961, "volume": 676, "typical_volume": 67.5, "trend": 8434.615625, "fair_value": 9673.135411, "relative_strength": 3.034608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.279179, "energy": 88.305433, "activity_lines": [ 7788.686654, 7915.841974, 8220.52646, 8316.989772 ] }, { "date": "2023-10-27", "close": 7833.459961, "volume": 0, "typical_volume": 67.5, "trend": 8398.56429, "fair_value": 9660.088067, "relative_strength": 1.307292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.665812, "energy": 67.295415, "activity_lines": [ 7812.175977, 7868.256516, 8169.693508, 8278.205536 ] }, { "date": "2023-11-03", "close": 7550.0, "volume": 28, "typical_volume": 68.9, "trend": 8353.06429, "fair_value": 9645.228292, "relative_strength": -6.773774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.986661, "energy": 71.869606, "activity_lines": [ 7732.981315, 7783.88125, 8094.097177, 8223.459453 ] }, { "date": "2023-11-10", "close": 7450.029785, "volume": 7910, "typical_volume": 460.65, "trend": 8322.398617, "fair_value": 9629.877254, "relative_strength": -8.04313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.121767, "energy": 74.430539, "activity_lines": [ 7631.163249, 7701.231765, 8012.562491, 8165.199162 ] }, { "date": "2023-11-17", "close": 7870.109863, "volume": 11, "typical_volume": 461.2, "trend": 8305.735612, "fair_value": 9617.656647, "relative_strength": -5.574558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.648812, "energy": 63.058678, "activity_lines": [ 7686.736556, 7715.297203, 7975.697194, 8136.019242 ] }, { "date": "2023-11-24", "close": 8247.459961, "volume": 2480, "typical_volume": 585.2, "trend": 8288.984277, "fair_value": 9608.207014, "relative_strength": -1.689619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.464544, "energy": 36.905746, "activity_lines": [ 7866.752572, 7810.670659, 7977.431383, 8132.259523 ] }, { "date": "2023-12-01", "close": 8314.900391, "volume": 115, "typical_volume": 573.65, "trend": 8282.21429, "fair_value": 9599.34875, "relative_strength": -2.791081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.323432, "energy": 21.101372, "activity_lines": [ 8041.648731, 7908.543102, 7986.452946, 8133.93153 ] }, { "date": "2023-12-08", "close": 9070.110352, "volume": 244, "typical_volume": 585.85, "trend": 8300.617969, "fair_value": 9595.748489, "relative_strength": 4.803793, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.305371, "energy": 51.178018, "activity_lines": [ 8436.185515, 8132.737349, 8070.490218, 8184.763534 ] }, { "date": "2023-12-15", "close": 9376.0, "volume": 380, "typical_volume": 604.85, "trend": 8329.217969, "fair_value": 9594.263702, "relative_strength": 2.940774, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.871462, "energy": 70.743403, "activity_lines": [ 8831.344824, 8387.827708, 8183.15455, 8254.14302 ] }, { "date": "2023-12-22", "close": 9250.0, "volume": 6, "typical_volume": 605.15, "trend": 8353.617969, "fair_value": 9591.953207, "relative_strength": 1.193085, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.983212, "energy": 81.944307, "activity_lines": [ 9056.10612, 8589.727157, 8281.856978, 8313.548313 ] }, { "date": "2023-12-29", "close": 9463.450195, "volume": 723, "typical_volume": 634.85, "trend": 8392.321322, "fair_value": 9591.09652, "relative_strength": 3.398896, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.240587, "energy": 85.636266, "activity_lines": [ 9260.024805, 8804.981188, 8399.526091, 8385.150392 ] }, { "date": "2024-01-05", "close": 9100.0, "volume": 6, "typical_volume": 635.15, "trend": 8418.909668, "fair_value": 9587.844225, "relative_strength": 1.559708, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.333286, "energy": 88.377353, "activity_lines": [ 9261.727409, 8924.517179, 8478.681708, 8430.807081 ] }, { "date": "2024-01-12", "close": 9371.0, "volume": 75, "typical_volume": 638.9, "trend": 8454.531348, "fair_value": 9586.417619, "relative_strength": 5.551238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.328783, "energy": 69.260586, "activity_lines": [ 9301.423372, 9070.297896, 8581.478374, 8492.232263 ] }, { "date": "2024-01-19", "close": 9371.0, "volume": 0, "typical_volume": 635.05, "trend": 8485.931348, "fair_value": 9585.00966, "relative_strength": 5.69188, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.514112, "energy": 67.762352, "activity_lines": [ 9321.060026, 9182.969522, 8680.816088, 8551.359273 ] }, { "date": "2024-01-26", "close": 9189.700195, "volume": 20, "typical_volume": 636.05, "trend": 8511.288021, "fair_value": 9582.442716, "relative_strength": 1.001363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.18568, "energy": 60.77727, "activity_lines": [ 9280.596745, 9227.750817, 8759.065962, 8596.763715 ] }, { "date": "2024-02-02", "close": 9056.400391, "volume": 83, "typical_volume": 638.15, "trend": 8532.201367, "fair_value": 9579.048894, "relative_strength": -2.795071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.071794, "energy": 54.973392, "activity_lines": [ 9199.720182, 9224.303232, 8821.662758, 8631.932255 ] }, { "date": "2024-02-09", "close": 9744.0, "volume": 504, "typical_volume": 663.35, "trend": 8558.201367, "fair_value": 9580.106273, "relative_strength": 6.262085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.998738, "energy": 65.295383, "activity_lines": [ 9375.180143, 9331.165749, 8943.336182, 8710.112812 ] }, { "date": "2024-02-16", "close": 9640.0, "volume": 118, "typical_volume": 669.25, "trend": 8580.734701, "fair_value": 9569.401145, "relative_strength": 5.490863, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.900222, "energy": 65.740846, "activity_lines": [ 9473.040104, 9393.135547, 9045.42151, 8779.906272 ] }, { "date": "2024-02-23", "close": 9640.0, "volume": 0, "typical_volume": 669.25, "trend": 8603.268034, "fair_value": 9561.689607, "relative_strength": 6.400937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.142304, "energy": 81.931206, "activity_lines": [ 9552.966732, 9444.743714, 9138.318743, 8848.245969 ] }, { "date": "2024-03-01", "close": 9640.0, "volume": 0, "typical_volume": 668.95, "trend": 8625.801367, "fair_value": 9552.362683, "relative_strength": 8.368423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.81223, "energy": 85.43248, "activity_lines": [ 9614.960026, 9491.551882, 9222.027881, 8915.131902 ] }, { "date": "2024-03-08", "close": 9469.709961, "volume": 154, "typical_volume": 642.85, "trend": 8653.304362, "fair_value": 9541.944158, "relative_strength": 7.503836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.987193, "energy": 84.975167, "activity_lines": [ 9590.169987, 9500.307315, 9280.99511, 8969.577618 ] }, { "date": "2024-03-15", "close": 8975.900391, "volume": 111, "typical_volume": 648.4, "trend": 8664.347038, "fair_value": 9528.004542, "relative_strength": -0.304441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.1692, "energy": 47.290371, "activity_lines": [ 9373.222787, 9419.165377, 9285.14119, 8990.390265 ] }, { "date": "2024-03-22", "close": 8919.799805, "volume": 120, "typical_volume": 653.0, "trend": 8673.519694, "fair_value": 9513.705307, "relative_strength": -1.461732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.488576, "energy": 27.542921, "activity_lines": [ 9188.782031, 9330.079688, 9278.504164, 9006.871089 ] }, { "date": "2024-03-29", "close": 8919.799805, "volume": 0, "typical_volume": 257.5, "trend": 8685.228027, "fair_value": 9499.406072, "relative_strength": -2.648527, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.276049, "energy": 30.288952, "activity_lines": [ 9052.354623, 9249.197639, 9265.344283, 9022.760128 ] }, { "date": "2024-04-05", "close": 8722.769531, "volume": 598, "typical_volume": 286.85, "trend": 8690.368685, "fair_value": 9483.843822, "relative_strength": -5.797466, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -24.291916, "energy": 46.52382, "activity_lines": [ 8898.263802, 9140.695543, 9226.420708, 9025.18216 ] }, { "date": "2024-04-12", "close": 8722.769531, "volume": 0, "typical_volume": 162.85, "trend": 8724.111003, "fair_value": 9468.281572, "relative_strength": -3.261271, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -23.148901, "energy": 55.857012, "activity_lines": [ 8805.32168, 9040.683097, 9183.436849, 9027.272538 ] }, { "date": "2024-04-19", "close": 8345.0, "volume": 70, "typical_volume": 160.6, "trend": 8745.261003, "fair_value": 9451.679008, "relative_strength": -6.228221, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -57.333685, "energy": 82.589524, "activity_lines": [ 8636.252409, 8878.051296, 9102.211561, 9002.813763 ] }, { "date": "2024-04-26", "close": 8500.0, "volume": 1050, "typical_volume": 200.9, "trend": 8771.577669, "fair_value": 9434.925421, "relative_strength": -7.61039, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.502837, "energy": 76.032522, "activity_lines": [ 8560.909831, 8769.037678, 9035.604846, 8986.990473 ] }, { "date": "2024-05-03", "close": 8605.030273, "volume": 49, "typical_volume": 184.35, "trend": 8801.395345, "fair_value": 9418.917984, "relative_strength": -5.27432, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.307876, "energy": 65.441419, "activity_lines": [ 8548.563997, 8699.847745, 8981.715825, 8976.245479 ] }, { "date": "2024-05-10", "close": 8029.029785, "volume": 321, "typical_volume": 200.1, "trend": 8807.363005, "fair_value": 9403.142534, "relative_strength": -12.338757, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -67.354034, "energy": 85.066929, "activity_lines": [ 8365.202637, 8544.748082, 8876.640899, 8926.415443 ] }, { "date": "2024-05-17", "close": 8990.0, "volume": 14, "typical_volume": 164.65, "trend": 8845.914339, "fair_value": 9393.52715, "relative_strength": -1.607758, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.976404, "energy": 39.164142, "activity_lines": [ 8548.413997, 8593.660644, 8868.90109, 8938.198475 ] }, { "date": "2024-05-24", "close": 8990.0, "volume": 0, "typical_volume": 164.35, "trend": 8884.465674, "fair_value": 9383.911765, "relative_strength": 2.188652, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.989338, "energy": 18.639828, "activity_lines": [ 8713.809993, 8651.295206, 8863.415806, 8947.494324 ] }, { "date": "2024-05-31", "close": 8456.599609, "volume": 89, "typical_volume": 165.05, "trend": 8914.685661, "fair_value": 9370.877147, "relative_strength": -3.435376, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.913328, "energy": 23.066845, "activity_lines": [ 8658.405859, 8611.691522, 8807.654294, 8919.890062 ] }, { "date": "2024-06-07", "close": 9162.959961, "volume": 1115, "typical_volume": 220.8, "trend": 8971.783333, "fair_value": 9362.37048, "relative_strength": 8.707145, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -10.531906, "energy": 21.485604, "activity_lines": [ 8841.348535, 8708.938814, 8823.519485, 8935.907759 ] }, { "date": "2024-06-14", "close": 9343.25, "volume": 302, "typical_volume": 234.9, "trend": 9020.888005, "fair_value": 9347.070801, "relative_strength": 12.074408, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 21.266429, "energy": 28.117998, "activity_lines": [ 9047.192578, 8834.545019, 8857.545822, 8959.87335 ] }, { "date": "2024-06-21", "close": 9320.0, "volume": 175, "typical_volume": 239.5, "trend": 9056.639339, "fair_value": 9331.622083, "relative_strength": 10.351377, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.184577, "energy": 33.343994, "activity_lines": [ 9157.67194, 8944.642489, 8888.626683, 8979.170898 ] }, { "date": "2024-06-28", "close": 8913.200195, "volume": 316, "typical_volume": 230.1, "trend": 9076.582666, "fair_value": 9309.911828, "relative_strength": 6.076755, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.362974, "energy": 28.124761, "activity_lines": [ 9110.551367, 8969.917622, 8879.70947, 8969.91676 ] }, { "date": "2024-07-05", "close": 8710.0, "volume": 652, "typical_volume": 256.8, "trend": 9064.578988, "fair_value": 9286.899007, "relative_strength": 3.744804, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -18.24394, "energy": 18.748132, "activity_lines": [ 9000.817383, 8947.916353, 8855.396047, 8946.266265 ] }, { "date": "2024-07-12", "close": 8616.25, "volume": 68, "typical_volume": 260.2, "trend": 9039.253988, "fair_value": 9263.285225, "relative_strength": -2.148462, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.502822, "energy": 20.556286, "activity_lines": [ 8842.940039, 8905.051447, 8826.582624, 8917.341815 ] }, { "date": "2024-07-19", "close": 8709.0, "volume": 6, "typical_volume": 260.5, "trend": 9021.220654, "fair_value": 9240.265994, "relative_strength": 1.310216, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.325799, "energy": 29.9156, "activity_lines": [ 8752.426693, 8878.846182, 8811.477534, 8896.035106 ] }, { "date": "2024-07-26", "close": 8679.629883, "volume": 476, "typical_volume": 276.6, "trend": 8995.093311, "fair_value": 9217.058494, "relative_strength": 2.595929, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.1565, "energy": 34.899547, "activity_lines": [ 8694.406641, 8834.937802, 8798.008624, 8873.996992 ] }, { "date": "2024-08-02", "close": 8950.0, "volume": 34, "typical_volume": 272.75, "trend": 8990.093311, "fair_value": 9195.584135, "relative_strength": 6.892728, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.874646, "energy": 23.510674, "activity_lines": [ 8769.201302, 8845.830717, 8814.051535, 8871.087746 ] }, { "date": "2024-08-09", "close": 9007.0, "volume": 17, "typical_volume": 267.6, "trend": 8977.959977, "fair_value": 9168.648362, "relative_strength": 5.838593, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.144626, "energy": 9.216047, "activity_lines": [ 8860.542643, 8867.814542, 8835.646352, 8872.1785 ] }, { "date": "2024-08-16", "close": 9195.429688, "volume": 194, "typical_volume": 277.3, "trend": 8972.107633, "fair_value": 9142.920473, "relative_strength": 5.895117, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.83146, "energy": 26.10272, "activity_lines": [ 8994.89388, 8914.05103, 8874.771615, 8886.208804 ] }, { "date": "2024-08-23", "close": 9240.0, "volume": 10, "typical_volume": 247.9, "trend": 8973.784294, "fair_value": 9117.47829, "relative_strength": 7.456205, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 39.952582, "energy": 47.572199, "activity_lines": [ 9105.489909, 8967.800852, 8916.829146, 8903.492182 ] }, { "date": "2024-08-30", "close": 9455.0, "volume": 102, "typical_volume": 253.0, "trend": 8987.070947, "fair_value": 9093.414313, "relative_strength": 10.924765, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.51845, "energy": 66.744277, "activity_lines": [ 9252.352604, 9062.518857, 8976.899865, 8934.538357 ] }, { "date": "2024-09-06", "close": 9340.0, "volume": 95, "typical_volume": 254.25, "trend": 8973.604281, "fair_value": 9066.106621, "relative_strength": 13.235593, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.717731, "energy": 70.022497, "activity_lines": [ 9309.190625, 9133.873225, 9022.531392, 8957.307973 ] }, { "date": "2024-09-13", "close": 9340.0, "volume": 0, "typical_volume": 201.75, "trend": 8963.604281, "fair_value": 9041.406175, "relative_strength": 10.815544, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.825291, "energy": 79.72719, "activity_lines": [ 9340.028646, 9197.467596, 9063.424823, 8980.946407 ] }, { "date": "2024-09-20", "close": 9767.0, "volume": 5, "typical_volume": 199.55, "trend": 8967.837614, "fair_value": 9016.156175, "relative_strength": 14.97852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.018488, "energy": 92.489187, "activity_lines": [ 9491.0, 9327.243786, 9140.984921, 9032.778389 ] }, { "date": "2024-09-27", "close": 9767.0, "volume": 0, "typical_volume": 183.5, "trend": 8972.070947, "fair_value": 8995.407903, "relative_strength": 13.249967, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.924571, "energy": 93.650543, "activity_lines": [ 9603.866667, 9436.097248, 9213.01183, 9084.337252 ] }, { "date": "2024-10-04", "close": 9540.0, "volume": 351, "typical_volume": 200.35, "trend": 8974.413949, "fair_value": 8973.204502, "relative_strength": 10.632054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.290897, "energy": 85.980097, "activity_lines": [ 9605.933333, 9484.441619, 9255.143643, 9120.977836 ] }, { "date": "2024-10-11", "close": 9540.0, "volume": 0, "typical_volume": 200.35, "trend": 8993.217269, "fair_value": 8951.001102, "relative_strength": 10.784057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.882414, "energy": 84.114341, "activity_lines": [ 9602.333333, 9517.142898, 9294.656408, 9157.467259 ] }, { "date": "2024-10-18", "close": 9130.0, "volume": 18, "typical_volume": 196.8, "trend": 9000.223942, "fair_value": 8926.169496, "relative_strength": 4.638411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.639515, "energy": 40.313899, "activity_lines": [ 9448.733333, 9464.571449, 9292.502507, 9166.291951 ] }, { "date": "2024-10-25", "close": 9035.0, "volume": 78, "typical_volume": 144.95, "trend": 9004.063949, "fair_value": 8900.728916, "relative_strength": 5.855692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.668212, "energy": 22.920228, "activity_lines": [ 9277.466667, 9392.490909, 9278.094317, 9168.535568 ] }, { "date": "2024-11-01", "close": 8450.0, "volume": 847, "typical_volume": 172.2, "trend": 8994.971631, "fair_value": 8871.538336, "relative_strength": 1.042421, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -37.069836, "energy": 42.605545, "activity_lines": [ 8960.0, 9216.963636, 9208.581176, 9132.789507 ] }, { "date": "2024-11-08", "close": 8565.230469, "volume": 339, "typical_volume": 180.4, "trend": 8989.720329, "fair_value": 8843.086413, "relative_strength": -0.226019, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.883572, "energy": 51.579248, "activity_lines": [ 8768.74349, 9076.750994, 9154.295936, 9105.06427 ] }, { "date": "2024-11-15", "close": 8565.230469, "volume": 0, "typical_volume": 164.6, "trend": 8997.061344, "fair_value": 8814.63449, "relative_strength": 2.25233, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.827322, "energy": 70.507313, "activity_lines": [ 8642.471615, 8952.71598, 9103.604836, 9077.677828 ] }, { "date": "2024-11-22", "close": 8585.0, "volume": 824, "typical_volume": 173.2, "trend": 8999.894678, "fair_value": 8786.309295, "relative_strength": 2.397018, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.887975, "energy": 70.707603, "activity_lines": [ 8587.774219, 8846.362145, 9056.453548, 9051.093225 ] }, { "date": "2024-11-29", "close": 8700.0, "volume": 1487, "typical_volume": 244.15, "trend": 9003.060335, "fair_value": 8758.721279, "relative_strength": 4.807548, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.328896, "energy": 74.949903, "activity_lines": [ 8607.74349, 8774.644673, 9020.849879, 9031.745181 ] }, { "date": "2024-12-06", "close": 8665.0, "volume": 936, "typical_volume": 290.65, "trend": 9024.259342, "fair_value": 8730.908904, "relative_strength": 1.239755, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.423163, "energy": 70.254243, "activity_lines": [ 8638.379427, 8715.963565, 8981.514067, 9009.934837 ] }, { "date": "2024-12-13", "close": 9002.0, "volume": 31, "typical_volume": 268.4, "trend": 9024.659342, "fair_value": 8705.256786, "relative_strength": 4.501242, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -46.893322, "energy": 34.423748, "activity_lines": [ 8767.015365, 8738.591548, 8974.483017, 9008.49875 ] }, { "date": "2024-12-20", "close": 8412.0, "volume": 32, "typical_volume": 268.3, "trend": 9005.392676, "fair_value": 8675.822616, "relative_strength": 1.560294, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.218359, "energy": 42.984612, "activity_lines": [ 8669.866667, 8663.728622, 8909.726395, 8968.972341 ] }, { "date": "2024-12-27", "close": 8310.0, "volume": 17, "typical_volume": 268.3, "trend": 9000.506022, "fair_value": 8645.7346, "relative_strength": 0.887778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.6416, "energy": 52.976277, "activity_lines": [ 8548.933333, 8590.829332, 8837.817392, 8924.108298 ] }, { "date": "2025-01-03", "close": 8602.0, "volume": 9, "typical_volume": 259.05, "trend": 8981.807357, "fair_value": 8617.518379, "relative_strength": 4.977619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.243604, "energy": 44.796363, "activity_lines": [ 8543.666667, 8585.930043, 8797.036961, 8898.398232 ] }, { "date": "2025-01-10", "close": 8830.0, "volume": 206, "typical_volume": 268.85, "trend": 8964.699023, "fair_value": 8602.550431, "relative_strength": 6.254571, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.427279, "energy": 41.065565, "activity_lines": [ 8620.933333, 8630.358026, 8780.79667, 8888.604209 ] }, { "date": "2025-01-17", "close": 8830.0, "volume": 7, "typical_volume": 264.1, "trend": 8948.36569, "fair_value": 8590.1721, "relative_strength": 5.427689, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.37062, "energy": 27.890916, "activity_lines": [ 8687.2, 8667.876918, 8766.508761, 8879.913949 ] }, { "date": "2025-01-24", "close": 8789.400391, "volume": 1602, "typical_volume": 339.45, "trend": 8944.23903, "fair_value": 8581.845565, "relative_strength": 1.937477, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.306489, "energy": 22.842649, "activity_lines": [ 8751.40013, 8693.200071, 8751.330413, 8869.658123 ] }, { "date": "2025-01-31", "close": 8765.0, "volume": 33, "typical_volume": 341.1, "trend": 8946.072363, "fair_value": 8573.362618, "relative_strength": 1.765725, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.270755, "energy": 25.476034, "activity_lines": [ 8782.306771, 8710.010973, 8736.450121, 8858.094315 ] }, { "date": "2025-02-07", "close": 8765.0, "volume": 0, "typical_volume": 340.85, "trend": 8951.030697, "fair_value": 8559.679349, "relative_strength": -1.28748, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.083481, "energy": 21.587902, "activity_lines": [ 8782.880078, 8723.549148, 8724.307924, 8846.412227 ] }, { "date": "2025-02-14", "close": 9110.110352, "volume": 16, "typical_volume": 341.65, "trend": 8964.401042, "fair_value": 8551.381404, "relative_strength": 0.211387, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.298675, "energy": 16.947964, "activity_lines": [ 8887.623503, 8798.652841, 8749.804808, 8856.675431 ] }, { "date": "2025-02-21", "close": 9190.0, "volume": 18, "typical_volume": 325.0, "trend": 8981.413379, "fair_value": 8546.701917, "relative_strength": 1.718069, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.30115, "energy": 42.376883, "activity_lines": [ 9000.322787, 8880.189009, 8786.038277, 8871.230202 ] }, { "date": "2025-02-28", "close": 9307.0, "volume": 12, "typical_volume": 325.6, "trend": 8993.313379, "fair_value": 8536.65948, "relative_strength": 5.743013, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.382104, "energy": 58.0345, "activity_lines": [ 9128.02207, 8979.579723, 8835.081269, 8892.235791 ] }, { "date": "2025-03-07", "close": 8690.0, "volume": 444, "typical_volume": 346.9, "trend": 8982.746712, "fair_value": 8522.661915, "relative_strength": -2.138792, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 5.878654, "energy": 23.624564, "activity_lines": [ 9015.548047, 8950.515891, 8826.47188, 8872.667185 ] }, { "date": "2025-03-14", "close": 8177.0, "volume": 53, "typical_volume": 345.65, "trend": 8948.799056, "fair_value": 8504.969608, "relative_strength": -7.251718, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.583874, "energy": 26.468191, "activity_lines": [ 8737.074023, 8821.270242, 8771.100586, 8820.683527 ] }, { "date": "2025-03-21", "close": 8456.0, "volume": 161, "typical_volume": 311.35, "trend": 8922.665723, "fair_value": 8489.065761, "relative_strength": -4.462269, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.857833, "energy": 42.531188, "activity_lines": [ 8590.8, 8750.479137, 8746.386435, 8788.890039 ] }, { "date": "2025-03-28", "close": 8555.0, "volume": 63, "typical_volume": 297.55, "trend": 8892.665723, "fair_value": 8473.700377, "relative_strength": -4.312856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.916056, "energy": 49.426425, "activity_lines": [ 8521.133333, 8704.488033, 8731.072284, 8765.16967 ] }, { "date": "2025-04-04", "close": 8555.0, "volume": 0, "typical_volume": 297.55, "trend": 8866.499056, "fair_value": 8458.334992, "relative_strength": -1.295645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.592079, "energy": 64.594471, "activity_lines": [ 8493.8, 8663.496928, 8715.80685, 8743.384785 ] }, { "date": "2025-04-11", "close": 7913.0, "volume": 115, "typical_volume": 262.1, "trend": 8818.932389, "fair_value": 8438.854223, "relative_strength": -8.778901, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.166458, "energy": 80.996255, "activity_lines": [ 8302.6, 8510.040376, 8639.447275, 8681.868716 ] }, { "date": "2025-04-18", "close": 8088.0, "volume": 117, "typical_volume": 193.6, "trend": 8762.965723, "fair_value": 8426.318647, "relative_strength": -9.466726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.754659, "energy": 73.550692, "activity_lines": [ 8221.533333, 8403.892915, 8582.954367, 8634.711788 ] }, { "date": "2025-04-25", "close": 8403.0, "volume": 71, "typical_volume": 150.35, "trend": 8717.499056, "fair_value": 8421.114158, "relative_strength": -12.090859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.335119, "energy": 53.338688, "activity_lines": [ 8251.4, 8367.327273, 8559.375744, 8611.488193 ] }, { "date": "2025-05-02", "close": 8460.0, "volume": 9, "typical_volume": 149.25, "trend": 8681.499056, "fair_value": 8427.902363, "relative_strength": -10.064426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.696802, "energy": 43.708463, "activity_lines": [ 8303.8, 8353.981818, 8542.473312, 8594.875351 ] }, { "date": "2025-05-09", "close": 8460.0, "volume": 0, "typical_volume": 147.65, "trend": 8645.499056, "fair_value": 8435.415183, "relative_strength": -11.346114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.098662, "energy": 27.792397, "activity_lines": [ 8362.533333, 8353.909091, 8528.151832, 8580.585089 ] }, { "date": "2025-05-16", "close": 10041.0, "volume": 200, "typical_volume": 156.8, "trend": 8675.865723, "fair_value": 8453.062619, "relative_strength": 2.416978, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.43417, "energy": 35.918612, "activity_lines": [ 8954.6, 8656.690909, 8664.17321, 8670.617408 ] }, { "date": "2025-05-23", "close": 10143.400391, "volume": 6, "typical_volume": 156.65, "trend": 8712.812402, "fair_value": 8471.366468, "relative_strength": 2.578525, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.7934, "energy": 87.053884, "activity_lines": [ 9438.933464, 8953.527344, 8801.704148, 8765.297064 ] }, { "date": "2025-05-30", "close": 10143.400391, "volume": 0, "typical_volume": 146.35, "trend": 8769.259082, "fair_value": 8487.926726, "relative_strength": 3.32755, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.062791, "energy": 94.375539, "activity_lines": [ 9786.240235, 9214.611044, 8931.895085, 8857.593063 ] }, { "date": "2025-06-06", "close": 10143.400391, "volume": 0, "typical_volume": 146.0, "trend": 8821.864746, "fair_value": 8504.486985, "relative_strength": 2.916228, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.384299, "energy": 91.680385, "activity_lines": [ 10017.520313, 9445.014737, 9055.831734, 8946.247341 ] }, { "date": "2025-06-13", "close": 10143.400391, "volume": 0, "typical_volume": 65.9, "trend": 8874.47041, "fair_value": 8521.047244, "relative_strength": 4.059502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.1905, "energy": 89.14029, "activity_lines": [ 10136.573698, 9646.538424, 9173.514095, 9031.507706 ] }, { "date": "2025-06-20", "close": 9921.0, "volume": 20, "typical_volume": 65.25, "trend": 8919.003744, "fair_value": 8536.18186, "relative_strength": 3.904042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.454423, "energy": 88.555404, "activity_lines": [ 10069.266927, 9778.745668, 9263.567848, 9099.025744 ] }, { "date": "2025-06-27", "close": 10015.0, "volume": 602, "typical_volume": 95.35, "trend": 8962.837077, "fair_value": 8551.919039, "relative_strength": 2.776342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.699849, "energy": 84.758435, "activity_lines": [ 10041.29349, 9891.53473, 9357.06922, 9169.735179 ] }, { "date": "2025-07-04", "close": 10130.0, "volume": 55, "typical_volume": 97.3, "trend": 9011.67041, "fair_value": 8568.393398, "relative_strength": 2.808815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.70038, "energy": 67.073739, "activity_lines": [ 10060.213412, 9990.19652, 9455.570592, 9245.036013 ] }, { "date": "2025-07-11", "close": 10210.0, "volume": 38, "typical_volume": 98.3, "trend": 9051.937077, "fair_value": 8585.380578, "relative_strength": 5.872063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.265068, "energy": 68.801906, "activity_lines": [ 10106.693359, 10072.003764, 9556.834394, 9322.3476 ] }, { "date": "2025-07-18", "close": 9759.0, "volume": 67, "typical_volume": 101.05, "trend": 9096.837077, "fair_value": 8599.476732, "relative_strength": 1.643035, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.910937, "energy": 57.673532, "activity_lines": [ 9998.4, 10039.992827, 9610.288672, 9367.964562 ] }, { "date": "2025-07-25", "close": 10388.0, "volume": 5, "typical_volume": 79.1, "trend": 9166.103744, "fair_value": 8617.604937, "relative_strength": 6.01119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.295645, "energy": 68.930314, "activity_lines": [ 10125.4, 10098.727344, 9721.495331, 9451.265396 ] }, { "date": "2025-08-01", "close": 10150.0, "volume": 54, "typical_volume": 79.15, "trend": 9217.703744, "fair_value": 8634.207501, "relative_strength": 4.269644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.227747, "energy": 56.082317, "activity_lines": [ 10141.933333, 10107.880043, 9801.949609, 9514.742574 ] }, { "date": "2025-08-08", "close": 11689.0, "volume": 151, "typical_volume": 78.65, "trend": 9313.003744, "fair_value": 8660.675449, "relative_strength": 17.244699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.536758, "energy": 68.183735, "activity_lines": [ 10662.466667, 10396.73093, 10019.580078, 9674.181042 ] }, { "date": "2025-08-15", "close": 12387.0, "volume": 150, "typical_volume": 83.0, "trend": 9431.57041, "fair_value": 8691.617757, "relative_strength": 23.128213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.997765, "energy": 94.088999, "activity_lines": [ 11311.733333, 10784.389098, 10288.291499, 9872.503381 ] }, { "date": "2025-08-22", "close": 12052.759766, "volume": 6, "typical_volume": 83.3, "trend": 9540.349056, "fair_value": 8721.99564, "relative_strength": 17.571855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.573007, "energy": 93.750462, "activity_lines": [ 11704.453255, 11070.483594, 10506.922898, 10041.612372 ] }, { "date": "2025-08-29", "close": 12052.759766, "volume": 0, "typical_volume": 77.55, "trend": 9649.941048, "fair_value": 8754.929997, "relative_strength": 18.256846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.440539, "energy": 91.251433, "activity_lines": [ 11944.25586, 11321.862465, 10708.898298, 10203.703386 ] }, { "date": "2025-09-05", "close": 12052.759766, "volume": 0, "typical_volume": 71.7, "trend": 9759.53304, "fair_value": 8787.864355, "relative_strength": 14.585405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.505994, "energy": 88.708339, "activity_lines": [ 12073.074479, 11534.482067, 10891.160556, 10358.723948 ] }, { "date": "2025-09-12", "close": 11940.0, "volume": 339, "typical_volume": 85.1, "trend": 9853.862695, "fair_value": 8820.075893, "relative_strength": 10.922888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.745884, "energy": 68.818579, "activity_lines": [ 12037.45586, 11689.549716, 11043.803981, 10499.399236 ] }, { "date": "2025-09-19", "close": 11980.0, "volume": 124, "typical_volume": 90.85, "trend": 9946.862695, "fair_value": 8852.543842, "relative_strength": 12.276469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.570734, "energy": 64.916278, "activity_lines": [ 11998.43724, 11818.981002, 11183.414072, 10636.569384 ] }, { "date": "2025-09-26", "close": 11817.400391, "volume": 16, "typical_volume": 91.65, "trend": 10030.542708, "fair_value": 8883.969486, "relative_strength": 8.729973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.788509, "energy": 61.158875, "activity_lines": [ 11932.352084, 11886.666904, 11290.776581, 10757.249236 ] }, { "date": "2025-10-03", "close": 11558.0, "volume": 289, "typical_volume": 96.1, "trend": 10126.142708, "fair_value": 8914.475896, "relative_strength": 6.836371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.7935, "energy": 46.528349, "activity_lines": [ 11795.490755, 11869.763637, 11357.446671, 10855.794867 ] }, { "date": "2025-10-10", "close": 11558.0, "volume": 0, "typical_volume": 95.8, "trend": 10238.842708, "fair_value": 8946.32205, "relative_strength": 9.227864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.682689, "energy": 38.978511, "activity_lines": [ 11691.613412, 11831.587642, 11416.89295, 10948.172757 ] }, { "date": "2025-10-17", "close": 11725.0, "volume": 55, "typical_volume": 98.55, "trend": 10347.809375, "fair_value": 8977.738716, "relative_strength": 8.485799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.431762, "energy": 33.374787, "activity_lines": [ 11676.386719, 11798.175284, 11485.507803, 11044.053873 ] }, { "date": "2025-10-24", "close": 11670.0, "volume": 10, "typical_volume": 99.05, "trend": 10451.642708, "fair_value": 9008.802819, "relative_strength": 8.837794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.676114, "energy": 29.572467, "activity_lines": [ 11657.160026, 11754.108381, 11541.353134, 11129.356494 ] }, { "date": "2025-10-31", "close": 11670.0, "volume": 0, "typical_volume": 99.05, "trend": 10555.476042, "fair_value": 9036.693845, "relative_strength": 5.801996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.016118, "energy": 30.982871, "activity_lines": [ 11658.6, 11723.077841, 11589.928944, 11207.96019 ] }, { "date": "2025-11-07", "close": 13434.0, "volume": 160, "typical_volume": 106.05, "trend": 10739.509375, "fair_value": 9075.892562, "relative_strength": 20.014059, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 91.536012, "energy": 93.755413, "activity_lines": [ 12257.866667, 12019.733842, 11799.235231, 11393.671413 ] }, { "date": "2025-11-14", "close": 12774.55957, "volume": 26, "typical_volume": 77.25, "trend": 10895.728027, "fair_value": 9110.864098, "relative_strength": 15.597252, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.186022, "energy": 92.432681, "activity_lines": [ 12512.25319, 12171.378125, 11929.009096, 11524.964974 ] }, { "date": "2025-11-21", "close": 12774.55957, "volume": 0, "typical_volume": 74.5, "trend": 11041.44668, "fair_value": 9145.835634, "relative_strength": 15.984888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.818303, "energy": 90.221062, "activity_lines": [ 12685.535742, 12309.898775, 12045.642201, 11646.179912 ] }, { "date": "2025-11-28", "close": 14130.0, "volume": 33, "typical_volume": 74.25, "trend": 11230.44668, "fair_value": 9189.49589, "relative_strength": 24.185059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.546808, "energy": 98.291832, "activity_lines": [ 13240.661133, 12679.689329, 12278.771731, 11845.441417 ] }, { "date": "2025-12-05", "close": 14130.0, "volume": 0, "typical_volume": 70.9, "trend": 11419.44668, "fair_value": 9233.156147, "relative_strength": 23.891396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.421523, "energy": 96.690639, "activity_lines": [ 13631.786523, 13010.388974, 12493.234594, 12032.509373 ] }, { "date": "2025-12-12", "close": 12812.099609, "volume": 18, "typical_volume": 71.55, "trend": 11511.816667, "fair_value": 9268.368324, "relative_strength": 9.744022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.857123, "energy": 67.577973, "activity_lines": [ 13419.611784, 13059.4231, 12561.368848, 12122.357949 ] }, { "date": "2025-12-19", "close": 12812.099609, "volume": 0, "typical_volume": 68.85, "trend": 11600.773307, "fair_value": 9299.215758, "relative_strength": 10.660794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.01144, "energy": 66.025006, "activity_lines": [ 13248.89707, 13085.655415, 12617.95977, 12206.247171 ] }, { "date": "2025-12-26", "close": 12352.25, "volume": 171, "typical_volume": 69.85, "trend": 11674.401628, "fair_value": 9327.115438, "relative_strength": 3.759396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.611731, "energy": 41.443147, "activity_lines": [ 12922.396484, 13005.4769, 12618.078827, 12254.729538 ] }, { "date": "2026-01-02", "close": 12352.25, "volume": 0, "typical_volume": 62.35, "trend": 11748.029948, "fair_value": 9352.048838, "relative_strength": 5.988181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.344806, "energy": 36.026697, "activity_lines": [ 12624.04987, 12913.893839, 12615.039551, 12298.461691 ] }, { "date": "2026-01-09", "close": 12352.25, "volume": 0, "typical_volume": 62.05, "trend": 11821.658268, "fair_value": 9376.982237, "relative_strength": 2.808495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.26467, "energy": 33.708832, "activity_lines": [ 12444.219922, 12809.906232, 12612.16575, 12337.44363 ] }, { "date": "2026-01-16", "close": 12670.0, "volume": 19, "typical_volume": 63.0, "trend": 11913.291602, "fair_value": 9403.952496, "relative_strength": 3.628872, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.695051, "energy": 28.68641, "activity_lines": [ 12488.823307, 12751.286807, 12638.127711, 12392.175355 ] }, { "date": "2026-01-23", "close": 12092.0, "volume": 12, "typical_volume": 63.6, "trend": 11982.524935, "fair_value": 9427.217626, "relative_strength": -2.690706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.882625, "energy": 16.919928, "activity_lines": [ 12350.233333, 12601.467383, 12606.102813, 12403.704929 ] }, { "date": "2026-01-30", "close": 12168.900391, "volume": 30, "typical_volume": 48.15, "trend": 12050.488281, "fair_value": 9450.975708, "relative_strength": -1.300425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.026946, "energy": 15.344766, "activity_lines": [ 12285.283464, 12478.040021, 12581.214904, 12415.729152 ] }, { "date": "2026-02-06", "close": 11170.0, "volume": 77, "typical_volume": 45.8, "trend": 12082.488281, "fair_value": 9464.437954, "relative_strength": -13.4353, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -49.472118, "energy": 52.886219, "activity_lines": [ 11899.590104, 12184.006392, 12460.103623, 12358.923456 ] }, { "date": "2026-02-13", "close": 11170.0, "volume": 0, "typical_volume": 45.0, "trend": 12129.521615, "fair_value": 9477.768401, "relative_strength": -14.135308, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.467786, "energy": 76.91905, "activity_lines": [ 11592.713412, 11943.790945, 12342.849484, 12300.053245 ] }, { "date": "2026-02-20", "close": 10807.799805, "volume": 13, "typical_volume": 31.2, "trend": 12143.514941, "fair_value": 9488.777053, "relative_strength": -16.696832, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.174412, "energy": 85.217247, "activity_lines": [ 11243.919987, 11691.539098, 12194.182947, 12214.78087 ] }, { "date": "2026-02-27", "close": 10807.799805, "volume": 0, "typical_volume": 31.2, "trend": 12165.441602, "fair_value": 9502.698909, "relative_strength": -16.426343, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.378634, "energy": 94.376573, "activity_lines": [ 11019.273242, 11475.729066, 12049.088793, 12128.6057 ] }, { "date": "2026-03-06", "close": 10807.799805, "volume": 0, "typical_volume": 28.45, "trend": 12136.068262, "fair_value": 9516.620765, "relative_strength": -11.30881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.198404, "energy": 91.040338, "activity_lines": [ 10880.239844, 11296.360849, 11907.56702, 12041.015906 ] }, { "date": "2026-03-13", "close": 10188.0, "volume": 67, "typical_volume": 31.3, "trend": 12062.768262, "fair_value": 9524.902816, "relative_strength": -14.269582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.793761, "energy": 98.448161, "activity_lines": [ 10625.34655, 11032.382671, 11711.384315, 11915.334083 ] }, { "date": "2026-03-20", "close": 10329.75, "volume": 20, "typical_volume": 32.3, "trend": 12005.334603, "fair_value": 9533.971727, "relative_strength": -11.029763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.287271, "energy": 93.642039, "activity_lines": [ 10483.169922, 10833.52722, 11535.758752, 11803.526453 ] }, { "date": "2026-03-27", "close": 10170.299805, "volume": 478, "typical_volume": 48.2, "trend": 11942.585938, "fair_value": 9542.01852, "relative_strength": -15.678803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.896411, "energy": 94.602061, "activity_lines": [ 10343.859896, 10642.453551, 11351.329599, 11685.137112 ] }, { "date": "2026-04-03", "close": 10018.200195, "volume": 33, "typical_volume": 48.55, "trend": 11874.767285, "fair_value": 9549.090316, "relative_strength": -20.343269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.640208, "energy": 94.456339, "activity_lines": [ 10196.35, 10469.174503, 11167.956199, 11560.983193 ] }, { "date": "2026-04-10", "close": 10172.19043, "volume": 18, "typical_volume": 49.45, "trend": 11815.840299, "fair_value": 9560.642819, "relative_strength": -19.418043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.500759, "energy": 68.636869, "activity_lines": [ 10152.810156, 10361.59913, 11012.374056, 11451.139525 ] }, { "date": "2026-04-17", "close": 10172.19043, "volume": 0, "typical_volume": 47.8, "trend": 11755.579981, "fair_value": 9572.195322, "relative_strength": -19.130899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.169189, "energy": 77.963014, "activity_lines": [ 10151.644271, 10290.327575, 10869.184147, 11345.097598 ] }, { "date": "2026-04-24", "close": 10084.120117, "volume": 300, "typical_volume": 62.8, "trend": 11697.803971, "fair_value": 9580.747374, "relative_strength": -19.12013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.614097, "energy": 77.041009, "activity_lines": [ 10122.175586, 10221.185227, 10736.453302, 11237.261477 ] }, { "date": "2026-05-01", "close": 9585.0, "volume": 29, "typical_volume": 63.35, "trend": 11632.037305, "fair_value": 9587.587118, "relative_strength": -21.48185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.167883, "energy": 76.602108, "activity_lines": [ 9942.708854, 10081.037038, 10575.453302, 11100.951544 ] }, { "date": "2026-05-08", "close": 9926.099609, "volume": 10, "typical_volume": 63.85, "trend": 11577.640625, "fair_value": 9596.613397, "relative_strength": -20.949308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.851818, "energy": 87.337699, "activity_lines": [ 9915.961979, 10025.139684, 10462.30612, 10990.891047 ] }, { "date": "2026-05-15", "close": 9197.480469, "volume": 318, "typical_volume": 71.2, "trend": 11493.389974, "fair_value": 9600.969041, "relative_strength": -24.421084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.822096, "energy": 77.120021, "activity_lines": [ 9652.482096, 9852.797035, 10293.509496, 10837.332327 ] }, { "date": "2026-05-22", "close": 9197.480469, "volume": 0, "typical_volume": 71.2, "trend": 11410.972656, "fair_value": 9605.324685, "relative_strength": -24.499108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.223645, "energy": 82.099968, "activity_lines": [ 9453.982878, 9709.732919, 10139.735584, 10689.209134 ] }, { "date": "2026-05-29", "close": 9799.0, "volume": 142, "typical_volume": 78.3, "trend": 11348.60599, "fair_value": 9614.918598, "relative_strength": -19.577599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.941258, "energy": 67.671021, "activity_lines": [ 9520.970833, 9694.045437, 10058.271959, 10585.210898 ] }, { "date": "2026-06-05", "close": 9799.0, "volume": 0, "typical_volume": 77.35, "trend": 11227.439323, "fair_value": 9624.512511, "relative_strength": -16.362658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.317718, "energy": 66.634184, "activity_lines": [ 9606.966797, 9688.007955, 9988.966667, 10485.236318 ] }, { "date": "2026-06-12", "close": 9799.0, "volume": 0, "typical_volume": 76.75, "trend": 11128.254004, "fair_value": 9634.106423, "relative_strength": -18.306948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.8759, "energy": 63.489679, "activity_lines": [ 9678.696094, 9688.721378, 9933.332803, 10393.078942 ] }, { "date": "2026-06-19", "close": 9480.0, "volume": 0, "typical_volume": 75.25, "trend": 11018.435352, "fair_value": 9640.843603, "relative_strength": -20.360505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.874425, "energy": 58.881946, "activity_lines": [ 9652.565365, 9635.420259, 9858.237035, 10286.739974 ] }, { "date": "2026-06-26", "close": 9708.25, "volume": 63, "typical_volume": 74.55, "trend": 10871.043685, "fair_value": 9649.043923, "relative_strength": -17.590236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.851495, "energy": 51.700803, "activity_lines": [ 9683.683333, 9636.204421, 9817.68365, 10202.211887 ] }, { "date": "2026-07-03", "close": 9591.179688, "volume": 0, "typical_volume": 74.55, "trend": 10719.749675, "fair_value": 9656.493793, "relative_strength": -18.09814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.866765, "energy": 53.341035, "activity_lines": [ 9641.726563, 9624.138352, 9772.941425, 10119.640016 ] }, { "date": "2026-07-10", "close": 9810.0, "volume": 10, "typical_volume": 74.4, "trend": 10619.679688, "fair_value": 9661.91687, "relative_strength": -15.211538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.439091, "energy": 45.813193, "activity_lines": [ 9686.564583, 9660.820348, 9756.557422, 10060.946489 ] }, { "date": "2026-07-17", "close": 10354.389648, "volume": 10, "typical_volume": 74.9, "trend": 10537.756022, "fair_value": 9670.829624, "relative_strength": -10.513531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.883982, "energy": 14.217508, "activity_lines": [ 9912.132487, 9792.391371, 9796.77148, 10043.831002 ] }, { "date": "2026-07-24", "close": 10354.389648, "volume": 0, "typical_volume": 74.9, "trend": 10471.160677, "fair_value": 9679.742378, "relative_strength": -9.923441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.816291, "energy": 25.806592, "activity_lines": [ 10100.674414, 9916.175302, 9839.144634, 10032.000914 ] }, { "date": "2026-07-31", "close": 9650.0, "volume": 520, "typical_volume": 97.55, "trend": 10381.085677, "fair_value": 9684.139814, "relative_strength": -16.428066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.164941, "energy": 25.502912, "activity_lines": [ 9996.127148, 9890.853675, 9816.592155, 9979.022805 ] }, { "date": "2026-08-07", "close": 10400.0, "volume": 520, "typical_volume": 122.55, "trend": 10316.010677, "fair_value": 9695.39225, "relative_strength": -9.471579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.261705, "energy": 29.059225, "activity_lines": [ 10145.463216, 9993.668057, 9868.030153, 9980.243084 ] } ], "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." } } }