{ "ticker": { "uuid": "f7910404-738f-4806-a8bf-69fc836896cd", "symbol": "PFIZ34", "name": "Pfizer Inc.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "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": 76.642, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -15.431, "architecture_energy": 12.581, "architecture_maturity": 69.711, "architecture_confidence": 68.112, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 43.99, "rotation_up": 30.9, "upward_expansion": 20.45, "deceleration": 43.98, "rotation_down": 25.06, "downward_expansion": 59.11 }, "activity_lines": [ 32.217747, 31.887503, 32.185744, 32.715838 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 33.939999, "trend_reference": 33.318011, "distance_from_trend": 0.018668, "trend_direction": "Weakening", "fair_value": 33.785787, "distance_from_fair_value": 0.004564, "fair_value_direction": "Improving", "relative_strength": -1.528435, "relative_strength_direction": "Improving", "price_momentum": -0.022374, "excess_performance": 0.034675, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.018668, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.014194, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.004564, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.087203, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015284, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.177267, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.022374, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.341494, "read": "Demand-led" } ], "volume": { "latest": 47445, "relative_activity": 2.100614, "balance": 4.341494, "dry_up": 1.412353, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.042774, "annualized_volatility": 0.23491, "from_high_reference": -0.0738, "from_low_reference": 0.128594 }, "levels": { "trend_reference": 33.318011, "fair_value_reference": 33.785787, "structural_low": 30.072828, "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": 26, "median_return": -0.013735, "positive_rate": 0.423077, "directional_follow_through": 0.576923, "median_excess_return": -0.024009, "regime_survival": 0.846154, "best_return": 0.162985, "worst_return": -0.139684, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.054265, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.066031, "regime_survival": 0.555556, "best_return": 0.235298, "worst_return": -0.197257, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.100491, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.139611, "regime_survival": 0.6, "best_return": 0.027323, "worst_return": -0.21653, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.096982, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.494147, "regime_survival": 0.333333, "best_return": -0.048205, "worst_return": -0.295262, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-02-03", "end": "2023-02-24", "tenure": "New", "return": -0.043578, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-03-03", "end": "2024-03-22", "tenure": "Extended", "return": -0.326947, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-29", "end": "2024-05-17", "tenure": "Developing", "return": 0.059816, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-24", "end": "2024-05-31", "tenure": "New", "return": 0.00537, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-08-23", "tenure": "Developing", "return": 0.047373, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-11-01", "tenure": "Developing", "return": 0.019008, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-02-14", "tenure": "Established", "return": -0.037635, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-07-04", "tenure": "Established", "return": -0.061172, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-12-05", "tenure": "Established", "return": 0.023258, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": -0.033994, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.033308, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-05-08", "tenure": "Established", "return": -0.113396, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.029144, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.002067, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 40.282101, "volume": 22240, "typical_volume": 64036.15, "trend": 42.578061, "fair_value": 47.808965, "relative_strength": -17.942772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.148426, "energy": 34.200292, "activity_lines": [ 39.019674, 38.770821, 39.545051, 40.704085 ] }, { "date": "2023-08-25", "close": 39.062233, "volume": 88292, "typical_volume": 67457.55, "trend": 42.266512, "fair_value": 47.798795, "relative_strength": -20.322132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.618082, "energy": 27.300477, "activity_lines": [ 39.114094, 38.78137, 39.41212, 40.477257 ] }, { "date": "2023-09-01", "close": 39.239029, "volume": 96675, "typical_volume": 70088.45, "trend": 41.947889, "fair_value": 47.804823, "relative_strength": -20.908329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.072896, "energy": 20.824124, "activity_lines": [ 39.275564, 38.881876, 39.325014, 40.281936 ] }, { "date": "2023-09-08", "close": 37.630222, "volume": 37913, "typical_volume": 70396.0, "trend": 41.547689, "fair_value": 47.801363, "relative_strength": -21.944853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.713343, "energy": 27.57668, "activity_lines": [ 38.798227, 38.703326, 39.106125, 40.003377 ] }, { "date": "2023-09-15", "close": 36.525265, "volume": 93688, "typical_volume": 72542.05, "trend": 41.154455, "fair_value": 47.78486, "relative_strength": -25.870627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.643354, "energy": 45.535176, "activity_lines": [ 37.951391, 38.334653, 38.809659, 39.67935 ] }, { "date": "2023-09-22", "close": 35.544075, "volume": 31655, "typical_volume": 71820.95, "trend": 40.783551, "fair_value": 47.758592, "relative_strength": -25.699528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.913268, "energy": 70.232481, "activity_lines": [ 36.950159, 37.810029, 38.444515, 39.31739 ] }, { "date": "2023-09-29", "close": 36.746258, "volume": 38946, "typical_volume": 72406.75, "trend": 40.474907, "fair_value": 47.732206, "relative_strength": -23.045374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.267904, "energy": 71.443364, "activity_lines": [ 36.665524, 37.547609, 38.219929, 39.056919 ] }, { "date": "2023-10-06", "close": 37.771652, "volume": 39732, "typical_volume": 72190.15, "trend": 40.262971, "fair_value": 47.716629, "relative_strength": -18.973684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.011084, "energy": 67.345847, "activity_lines": [ 36.877085, 37.515947, 38.109019, 38.882516 ] }, { "date": "2023-10-13", "close": 36.065609, "volume": 22671, "typical_volume": 66279.75, "trend": 39.937402, "fair_value": 47.674937, "relative_strength": -23.257093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.050068, "energy": 60.578694, "activity_lines": [ 36.617789, 37.17281, 37.846222, 38.611718 ] }, { "date": "2023-10-20", "close": 34.032505, "volume": 153982, "typical_volume": 69328.1, "trend": 39.551842, "fair_value": 47.620769, "relative_strength": -25.527361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.882343, "energy": 55.548315, "activity_lines": [ 35.785101, 36.488143, 37.412884, 38.230757 ] }, { "date": "2023-10-27", "close": 33.272289, "volume": 25555, "typical_volume": 67776.25, "trend": 39.168316, "fair_value": 47.578151, "relative_strength": -26.684908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.043471, "energy": 69.006925, "activity_lines": [ 34.86519, 35.757669, 36.942659, 37.825624 ] }, { "date": "2023-11-03", "close": 33.838028, "volume": 43617, "typical_volume": 66425.85, "trend": 38.791258, "fair_value": 47.542279, "relative_strength": -28.008666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.468685, "energy": 73.089445, "activity_lines": [ 34.285312, 35.257508, 36.565655, 37.481735 ] }, { "date": "2023-11-10", "close": 32.141338, "volume": 42318, "typical_volume": 66488.1, "trend": 38.404611, "fair_value": 47.478277, "relative_strength": -32.317777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.596369, "energy": 83.805565, "activity_lines": [ 33.333753, 34.543844, 36.067081, 37.052708 ] }, { "date": "2023-11-17", "close": 32.667809, "volume": 63885, "typical_volume": 60057.7, "trend": 38.045599, "fair_value": 47.440895, "relative_strength": -32.834326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.685288, "energy": 79.401268, "activity_lines": [ 32.933038, 34.05495, 35.655969, 36.682592 ] }, { "date": "2023-11-24", "close": 33.372742, "volume": 89120, "typical_volume": 63017.85, "trend": 37.767137, "fair_value": 47.399839, "relative_strength": -30.754951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.13204, "energy": 63.68082, "activity_lines": [ 32.99382, 33.784452, 35.338447, 36.381117 ] }, { "date": "2023-12-01", "close": 31.498869, "volume": 195007, "typical_volume": 70796.0, "trend": 37.449841, "fair_value": 47.336428, "relative_strength": -35.105801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.183152, "energy": 65.734728, "activity_lines": [ 32.473963, 33.230568, 34.863352, 35.976713 ] }, { "date": "2023-12-08", "close": 31.570251, "volume": 67570, "typical_volume": 70989.2, "trend": 37.165179, "fair_value": 47.273322, "relative_strength": -33.462271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.058925, "energy": 59.124069, "activity_lines": [ 32.096128, 32.763212, 34.425743, 35.597384 ] }, { "date": "2023-12-15", "close": 29.232376, "volume": 644574, "typical_volume": 100726.9, "trend": 36.806374, "fair_value": 47.214788, "relative_strength": -38.757233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.864779, "energy": 67.525556, "activity_lines": [ 31.090186, 31.964896, 33.801736, 35.08559 ] }, { "date": "2023-12-22", "close": 30.740395, "volume": 229416, "typical_volume": 104317.25, "trend": 36.467258, "fair_value": 47.161466, "relative_strength": -35.870404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.081239, "energy": 64.148589, "activity_lines": [ 30.780847, 31.596026, 33.361676, 34.694237 ] }, { "date": "2023-12-29", "close": 30.945625, "volume": 32941, "typical_volume": 102989.85, "trend": 36.115762, "fair_value": 47.114836, "relative_strength": -35.112321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.65255, "energy": 58.207004, "activity_lines": [ 30.668414, 31.361293, 32.973887, 34.338003 ] }, { "date": "2024-01-05", "close": 32.078873, "volume": 237824, "typical_volume": 113769.05, "trend": 35.800585, "fair_value": 47.063439, "relative_strength": -30.586877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.518089, "energy": 50.734655, "activity_lines": [ 31.095537, 31.388729, 32.732928, 34.077558 ] }, { "date": "2024-01-12", "close": 31.052708, "volume": 37996, "typical_volume": 111254.25, "trend": 35.427613, "fair_value": 47.013092, "relative_strength": -31.39826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.309909, "energy": 43.027786, "activity_lines": [ 31.141938, 31.251289, 32.433303, 33.771244 ] }, { "date": "2024-01-19", "close": 31.034861, "volume": 42437, "typical_volume": 108542.35, "trend": 35.129474, "fair_value": 46.955053, "relative_strength": -28.832031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.726884, "energy": 37.524544, "activity_lines": [ 31.216893, 31.161245, 32.170119, 33.48784 ] }, { "date": "2024-01-26", "close": 30.387114, "volume": 99652, "typical_volume": 111629.3, "trend": 34.868278, "fair_value": 46.895435, "relative_strength": -30.272541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.128524, "energy": 42.10873, "activity_lines": [ 30.955767, 30.973548, 31.884312, 33.181881 ] }, { "date": "2024-02-02", "close": 30.08955, "volume": 493633, "typical_volume": 131626.55, "trend": 34.612598, "fair_value": 46.844269, "relative_strength": -29.12636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.028823, "energy": 47.41225, "activity_lines": [ 30.619005, 30.773215, 31.604657, 32.873576 ] }, { "date": "2024-02-09", "close": 30.783855, "volume": 406961, "typical_volume": 150391.85, "trend": 34.373947, "fair_value": 46.799365, "relative_strength": -27.0507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.50953, "energy": 44.293149, "activity_lines": [ 30.57075, 30.758813, 31.421772, 32.626561 ] }, { "date": "2024-02-16", "close": 30.910091, "volume": 56371, "typical_volume": 151263.1, "trend": 34.098149, "fair_value": 46.756411, "relative_strength": -26.28119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.122948, "energy": 41.64745, "activity_lines": [ 30.650908, 30.780364, 31.273577, 32.403086 ] }, { "date": "2024-02-23", "close": 31.288813, "volume": 89621, "typical_volume": 153757.55, "trend": 33.884412, "fair_value": 46.71433, "relative_strength": -24.894882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.008329, "energy": 33.711499, "activity_lines": [ 30.866814, 30.882777, 31.189242, 32.221839 ] }, { "date": "2024-03-01", "close": 29.683788, "volume": 246674, "typical_volume": 164957.7, "trend": 33.62012, "fair_value": 46.650826, "relative_strength": -27.695026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.694462, "energy": 38.640846, "activity_lines": [ 30.530782, 30.655977, 30.982919, 31.950831 ] }, { "date": "2024-03-08", "close": 30.5945, "volume": 372185, "typical_volume": 175867.85, "trend": 33.336094, "fair_value": 46.595024, "relative_strength": -23.381526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.51725, "energy": 30.995514, "activity_lines": [ 30.545209, 30.613972, 30.893719, 31.755629 ] }, { "date": "2024-03-15", "close": 31.550295, "volume": 264046, "typical_volume": 187792.4, "trend": 33.045034, "fair_value": 46.544105, "relative_strength": -19.798799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.122866, "energy": 22.69232, "activity_lines": [ 30.84457, 30.752132, 30.911919, 31.640417 ] }, { "date": "2024-03-22", "close": 30.964195, "volume": 136503, "typical_volume": 192436.7, "trend": 32.775099, "fair_value": 46.473478, "relative_strength": -20.391821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.412007, "energy": 22.56783, "activity_lines": [ 30.89747, 30.793338, 30.8825, 31.506169 ] }, { "date": "2024-03-29", "close": 31.469149, "volume": 34043, "typical_volume": 192022.95, "trend": 32.516103, "fair_value": 46.406553, "relative_strength": -18.786249, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.387612, "energy": 10.918767, "activity_lines": [ 31.11508, 30.927964, 30.914857, 31.421914 ] }, { "date": "2024-04-05", "close": 30.51335, "volume": 52059, "typical_volume": 191431.65, "trend": 32.278874, "fair_value": 46.33288, "relative_strength": -19.3768, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.385513, "energy": 13.185891, "activity_lines": [ 31.002068, 30.880913, 30.859387, 31.292704 ] }, { "date": "2024-04-12", "close": 29.936262, "volume": 25188, "typical_volume": 188235.05, "trend": 32.059241, "fair_value": 46.245201, "relative_strength": -19.466241, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.287529, "energy": 27.570532, "activity_lines": [ 30.641389, 30.72664, 30.759214, 31.141568 ] }, { "date": "2024-04-19", "close": 30.61253, "volume": 49553, "typical_volume": 180962.35, "trend": 31.894856, "fair_value": 46.165741, "relative_strength": -16.168915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.692507, "energy": 24.38019, "activity_lines": [ 30.550016, 30.698113, 30.739813, 31.048232 ] }, { "date": "2024-04-26", "close": 29.332129, "volume": 72694, "typical_volume": 181218.55, "trend": 31.647718, "fair_value": 46.081596, "relative_strength": -19.67754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.071759, "energy": 48.223075, "activity_lines": [ 30.09436, 30.439901, 30.602689, 30.882894 ] }, { "date": "2024-05-03", "close": 31.387989, "volume": 94428, "typical_volume": 153711.25, "trend": 31.43493, "fair_value": 46.011575, "relative_strength": -14.543679, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.626, "energy": 22.683605, "activity_lines": [ 30.432795, 30.584171, 30.672019, 30.866138 ] }, { "date": "2024-05-10", "close": 32.904762, "volume": 77773, "typical_volume": 146129.1, "trend": 31.329568, "fair_value": 45.947252, "relative_strength": -9.091328, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.922879, "energy": 9.237958, "activity_lines": [ 31.282232, 31.002416, 30.875539, 30.960966 ] }, { "date": "2024-05-17", "close": 33.351517, "volume": 41399, "typical_volume": 146552.0, "trend": 31.306868, "fair_value": 45.881507, "relative_strength": -7.621264, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.180407, "energy": 44.839952, "activity_lines": [ 32.121159, 31.443325, 31.1113, 31.091414 ] }, { "date": "2024-05-24", "close": 33.95327, "volume": 134139, "typical_volume": 141367.75, "trend": 31.329568, "fair_value": 45.83509, "relative_strength": -2.407552, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.571049, "energy": 62.194798, "activity_lines": [ 32.932987, 31.943516, 31.392915, 31.26215 ] }, { "date": "2024-05-31", "close": 34.135612, "volume": 92072, "typical_volume": 144071.55, "trend": 31.339487, "fair_value": 45.796481, "relative_strength": 0.505765, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.006191, "energy": 78.807292, "activity_lines": [ 33.58288, 32.43317, 31.68297, 31.443185 ] }, { "date": "2024-06-07", "close": 34.828541, "volume": 245644, "typical_volume": 154231.9, "trend": 31.429061, "fair_value": 45.751756, "relative_strength": 4.155279, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.427117, "energy": 83.018529, "activity_lines": [ 34.143517, 32.991149, 32.024337, 31.668285 ] }, { "date": "2024-06-14", "close": 33.561218, "volume": 113602, "typical_volume": 154929.4, "trend": 31.458841, "fair_value": 45.710772, "relative_strength": 1.824165, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.687101, "energy": 74.464161, "activity_lines": [ 34.052343, 33.257626, 32.226942, 31.805843 ] }, { "date": "2024-06-21", "close": 34.427364, "volume": 43819, "typical_volume": 132438.7, "trend": 31.493995, "fair_value": 45.679887, "relative_strength": 3.38423, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.023921, "energy": 65.448412, "activity_lines": [ 34.206121, 33.626168, 32.496923, 31.997361 ] }, { "date": "2024-06-28", "close": 35.92263, "volume": 125363, "typical_volume": 118358.8, "trend": 31.641454, "fair_value": 45.647768, "relative_strength": 5.891054, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.34707, "energy": 64.854799, "activity_lines": [ 34.786597, 34.18492, 32.888653, 32.283079 ] }, { "date": "2024-07-05", "close": 34.983532, "volume": 92260, "typical_volume": 120153.25, "trend": 31.75523, "fair_value": 45.602206, "relative_strength": 1.484257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.974475, "energy": 51.680807, "activity_lines": [ 34.92275, 34.47638, 33.166475, 32.498697 ] }, { "date": "2024-07-12", "close": 35.567047, "volume": 51888, "typical_volume": 118266.6, "trend": 31.966386, "fair_value": 45.561274, "relative_strength": 1.403273, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.319366, "energy": 53.414138, "activity_lines": [ 35.19688, 34.77118, 33.480473, 32.744621 ] }, { "date": "2024-07-19", "close": 38.284039, "volume": 139114, "typical_volume": 112888.6, "trend": 32.21784, "fair_value": 45.523384, "relative_strength": 10.447729, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.206775, "energy": 74.164034, "activity_lines": [ 36.32744, 35.483997, 34.032859, 33.152212 ] }, { "date": "2024-07-26", "close": 40.188927, "volume": 65976, "typical_volume": 97578.15, "trend": 32.52595, "fair_value": 45.487473, "relative_strength": 16.043349, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.004008, "energy": 86.799148, "activity_lines": [ 37.778108, 36.445351, 34.725709, 33.666475 ] }, { "date": "2024-08-02", "close": 39.921921, "volume": 120208, "typical_volume": 90386.25, "trend": 32.787385, "fair_value": 45.431597, "relative_strength": 16.752165, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.78542, "energy": 90.516732, "activity_lines": [ 38.75567, 37.233843, 35.347443, 34.143635 ] }, { "date": "2024-08-09", "close": 36.321949, "volume": 102477, "typical_volume": 88684.95, "trend": 32.963027, "fair_value": 45.328693, "relative_strength": 2.739075, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.046439, "energy": 74.499813, "activity_lines": [ 38.266622, 37.259273, 35.586457, 34.371671 ] }, { "date": "2024-08-16", "close": 35.723488, "volume": 68214, "typical_volume": 90393.5, "trend": 33.119314, "fair_value": 45.211085, "relative_strength": -0.891828, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.505955, "energy": 50.429926, "activity_lines": [ 37.488859, 37.13614, 35.742962, 34.549765 ] }, { "date": "2024-08-23", "close": 36.47847, "volume": 76003, "typical_volume": 91590.7, "trend": 33.322359, "fair_value": 45.12422, "relative_strength": 0.457383, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.246797, "energy": 32.876302, "activity_lines": [ 36.952328, 37.134005, 35.951111, 34.766485 ] }, { "date": "2024-08-30", "close": 37.297897, "volume": 44661, "typical_volume": 92564.35, "trend": 33.562638, "fair_value": 45.043082, "relative_strength": 2.847711, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.992589, "energy": 24.035433, "activity_lines": [ 36.80931, 37.227816, 36.208896, 35.022971 ] }, { "date": "2024-09-06", "close": 36.754681, "volume": 43435, "typical_volume": 92258.45, "trend": 33.761665, "fair_value": 44.96321, "relative_strength": 2.822862, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.85753, "energy": 21.324148, "activity_lines": [ 36.677955, 37.170669, 36.37989, 35.22891 ] }, { "date": "2024-09-13", "close": 37.38076, "volume": 55218, "typical_volume": 91384.65, "trend": 33.977354, "fair_value": 44.897428, "relative_strength": 4.564318, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.493703, "energy": 26.037654, "activity_lines": [ 36.966443, 37.212227, 36.581263, 35.4624 ] }, { "date": "2024-09-20", "close": 37.297897, "volume": 24833, "typical_volume": 87904.9, "trend": 34.177657, "fair_value": 44.825364, "relative_strength": 7.541222, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.601972, "energy": 27.703974, "activity_lines": [ 37.156722, 37.195132, 36.736416, 35.676628 ] }, { "date": "2024-09-27", "close": 36.349575, "volume": 55274, "typical_volume": 86779.95, "trend": 34.39985, "fair_value": 44.752761, "relative_strength": 3.804369, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.039058, "energy": 21.986542, "activity_lines": [ 36.925933, 36.974145, 36.773112, 35.816752 ] }, { "date": "2024-10-04", "close": 35.889221, "volume": 57458, "typical_volume": 87582.9, "trend": 34.576341, "fair_value": 44.674991, "relative_strength": 3.661355, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.599065, "energy": 13.228976, "activity_lines": [ 36.550286, 36.704629, 36.74956, 35.91284 ] }, { "date": "2024-10-11", "close": 37.454422, "volume": 114214, "typical_volume": 86586.65, "trend": 34.773145, "fair_value": 44.615906, "relative_strength": 9.86878, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.986319, "energy": 14.6004, "activity_lines": [ 36.790285, 36.797872, 36.86299, 36.098523 ] }, { "date": "2024-10-18", "close": 38.301472, "volume": 62897, "typical_volume": 85127.9, "trend": 35.017721, "fair_value": 44.539935, "relative_strength": 11.976627, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.834681, "energy": 27.12683, "activity_lines": [ 37.265984, 37.089988, 37.04042, 36.326157 ] }, { "date": "2024-10-25", "close": 37.574112, "volume": 43990, "typical_volume": 75045.2, "trend": 35.221219, "fair_value": 44.454501, "relative_strength": 10.398223, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.326196, "energy": 28.037776, "activity_lines": [ 37.437849, 37.213865, 37.12874, 36.491086 ] }, { "date": "2024-11-01", "close": 38.006844, "volume": 86928, "typical_volume": 73711.5, "trend": 35.471003, "fair_value": 44.341655, "relative_strength": 13.12882, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.264493, "energy": 42.369586, "activity_lines": [ 37.735543, 37.382773, 37.245198, 36.670803 ] }, { "date": "2024-11-08", "close": 35.829533, "volume": 56097, "typical_volume": 74325.4, "trend": 35.667445, "fair_value": 44.209796, "relative_strength": 6.782226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.239875, "energy": 17.484247, "activity_lines": [ 37.196983, 37.128017, 37.133124, 36.693934 ] }, { "date": "2024-11-15", "close": 35.224144, "volume": 47548, "typical_volume": 70434.65, "trend": 35.821165, "fair_value": 44.060058, "relative_strength": 4.898361, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.884474, "energy": 6.675935, "activity_lines": [ 36.460605, 36.789889, 36.956717, 36.665334 ] }, { "date": "2024-11-22", "close": 34.721207, "volume": 42252, "typical_volume": 67934.25, "trend": 36.000801, "fair_value": 43.875482, "relative_strength": 2.309424, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.392388, "energy": 28.103768, "activity_lines": [ 35.705267, 36.388145, 36.735737, 36.594369 ] }, { "date": "2024-11-29", "close": 36.146194, "volume": 68756, "typical_volume": 68777.65, "trend": 36.159408, "fair_value": 43.696795, "relative_strength": 9.105807, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.879537, "energy": 23.351232, "activity_lines": [ 35.663609, 36.293845, 36.651719, 36.603749 ] }, { "date": "2024-12-06", "close": 36.518738, "volume": 78908, "typical_volume": 65767.35, "trend": 36.279874, "fair_value": 43.535079, "relative_strength": 9.654611, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.668077, "energy": 27.309839, "activity_lines": [ 35.841327, 36.288221, 36.600424, 36.626932 ] }, { "date": "2024-12-13", "close": 36.230019, "volume": 75455, "typical_volume": 66241.3, "trend": 36.375824, "fair_value": 43.312275, "relative_strength": 9.425299, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.743285, "energy": 16.50007, "activity_lines": [ 36.022012, 36.227026, 36.530038, 36.623715 ] }, { "date": "2024-12-20", "close": 37.431473, "volume": 85899, "typical_volume": 64525.85, "trend": 36.491764, "fair_value": 43.107339, "relative_strength": 14.755133, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.270607, "energy": 6.952934, "activity_lines": [ 36.576483, 36.378082, 36.592928, 36.691822 ] }, { "date": "2024-12-27", "close": 38.409405, "volume": 38954, "typical_volume": 61349.7, "trend": 36.634224, "fair_value": 42.923095, "relative_strength": 18.789006, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.669848, "energy": 25.271813, "activity_lines": [ 37.309776, 36.70736, 36.760813, 36.815541 ] }, { "date": "2025-01-03", "close": 38.372154, "volume": 50533, "typical_volume": 60465.65, "trend": 36.752344, "fair_value": 42.750906, "relative_strength": 19.720383, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.444152, "energy": 34.67934, "activity_lines": [ 37.784772, 37.027903, 36.915211, 36.927665 ] }, { "date": "2025-01-10", "close": 38.400089, "volume": 38669, "typical_volume": 58598.95, "trend": 36.91364, "fair_value": 42.590925, "relative_strength": 18.755483, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.318294, "energy": 51.234424, "activity_lines": [ 38.120683, 37.339015, 37.059657, 37.033971 ] }, { "date": "2025-01-17", "close": 37.021675, "volume": 34265, "typical_volume": 58079.15, "trend": 37.000117, "fair_value": 42.443609, "relative_strength": 10.75767, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.731552, "energy": 44.545549, "activity_lines": [ 37.871698, 37.392357, 37.063674, 37.040941 ] }, { "date": "2025-01-24", "close": 36.251774, "volume": 34043, "typical_volume": 57609.55, "trend": 37.011089, "fair_value": 42.28677, "relative_strength": 7.909337, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.282003, "energy": 7.927089, "activity_lines": [ 37.313303, 37.284042, 36.995683, 36.992661 ] }, { "date": "2025-01-31", "close": 36.515488, "volume": 22795, "typical_volume": 55988.4, "trend": 37.062154, "fair_value": 42.140357, "relative_strength": 5.1264, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.294557, "energy": 8.75366, "activity_lines": [ 36.92146, 37.20499, 36.955202, 36.960687 ] }, { "date": "2025-02-07", "close": 35.017952, "volume": 138317, "typical_volume": 61662.6, "trend": 37.043851, "fair_value": 42.008514, "relative_strength": 1.753343, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.848097, "energy": 32.597384, "activity_lines": [ 36.156698, 36.821035, 36.77622, 36.828803 ] }, { "date": "2025-02-14", "close": 34.481098, "volume": 14329, "typical_volume": 59615.35, "trend": 36.917086, "fair_value": 41.897291, "relative_strength": -2.814656, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.960352, "energy": 53.30737, "activity_lines": [ 35.436599, 36.359985, 36.556965, 36.663464 ] }, { "date": "2025-02-21", "close": 35.696079, "volume": 25073, "typical_volume": 57996.1, "trend": 36.767324, "fair_value": 41.79809, "relative_strength": 1.198741, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.557767, "energy": 56.027542, "activity_lines": [ 35.38276, 36.156888, 36.46232, 36.584689 ] }, { "date": "2025-02-28", "close": 36.449558, "volume": 27983, "typical_volume": 53684.55, "trend": 36.651579, "fair_value": 41.703075, "relative_strength": 6.482948, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.26014, "energy": 48.48744, "activity_lines": [ 35.668453, 36.100495, 36.440354, 36.564188 ] }, { "date": "2025-03-07", "close": 36.242352, "volume": 15900, "typical_volume": 51334.7, "trend": 36.648926, "fair_value": 41.595104, "relative_strength": 3.633236, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.704065, "energy": 28.632487, "activity_lines": [ 35.871892, 36.024281, 36.40344, 36.537786 ] }, { "date": "2025-03-14", "close": 34.678883, "volume": 36239, "typical_volume": 50947.15, "trend": 36.614106, "fair_value": 41.45412, "relative_strength": -3.985215, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.666304, "energy": 30.259946, "activity_lines": [ 35.572384, 35.703201, 36.22743, 36.410687 ] }, { "date": "2025-03-21", "close": 35.196896, "volume": 69087, "typical_volume": 50055.1, "trend": 36.571386, "fair_value": 41.345342, "relative_strength": -5.190108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.651535, "energy": 28.590655, "activity_lines": [ 35.468151, 35.543456, 36.11454, 36.319254 ] }, { "date": "2025-03-28", "close": 34.057259, "volume": 33074, "typical_volume": 48903.95, "trend": 36.463365, "fair_value": 41.242977, "relative_strength": -8.030976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.968864, "energy": 49.470988, "activity_lines": [ 34.936319, 35.234744, 35.906495, 36.157052 ] }, { "date": "2025-04-04", "close": 31.674383, "volume": 39465, "typical_volume": 48499.8, "trend": 36.294022, "fair_value": 41.099293, "relative_strength": -11.393057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.16678, "energy": 76.439819, "activity_lines": [ 33.71945, 34.54668, 35.479948, 35.848086 ] }, { "date": "2025-04-11", "close": 30.07324, "volume": 81884, "typical_volume": 50481.4, "trend": 36.050438, "fair_value": 40.959547, "relative_strength": -16.140438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.958761, "energy": 88.315374, "activity_lines": [ 32.287212, 33.650725, 34.917816, 35.446745 ] }, { "date": "2025-04-18", "close": 30.280449, "volume": 24323, "typical_volume": 48259.75, "trend": 35.816523, "fair_value": 40.845297, "relative_strength": -16.781075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.293151, "energy": 91.103555, "activity_lines": [ 31.335318, 32.909576, 34.39755, 35.074488 ] }, { "date": "2025-04-25", "close": 30.826719, "volume": 52845, "typical_volume": 46956.6, "trend": 35.632428, "fair_value": 40.717348, "relative_strength": -18.462625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.470535, "energy": 88.063676, "activity_lines": [ 30.858742, 32.353885, 33.957243, 34.752565 ] }, { "date": "2025-05-02", "close": 31.994614, "volume": 87276, "typical_volume": 47547.65, "trend": 35.502607, "fair_value": 40.590721, "relative_strength": -15.577572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.626962, "energy": 81.126465, "activity_lines": [ 31.06281, 32.076981, 33.655268, 34.517867 ] }, { "date": "2025-05-09", "close": 29.96376, "volume": 60511, "typical_volume": 46278.25, "trend": 35.252919, "fair_value": 40.44424, "relative_strength": -21.527857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.575345, "energy": 68.343335, "activity_lines": [ 30.727437, 31.498131, 33.180048, 34.160522 ] }, { "date": "2025-05-16", "close": 30.717386, "volume": 59725, "typical_volume": 47316.8, "trend": 35.000116, "fair_value": 40.297079, "relative_strength": -20.885072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.369336, "energy": 54.308808, "activity_lines": [ 30.757313, 31.174228, 32.812161, 33.867907 ] }, { "date": "2025-05-23", "close": 31.089428, "volume": 23696, "typical_volume": 45974.95, "trend": 34.78396, "fair_value": 40.151223, "relative_strength": -18.86891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.786025, "energy": 48.608675, "activity_lines": [ 30.868261, 31.018422, 32.516336, 33.615605 ] }, { "date": "2025-05-30", "close": 32.081543, "volume": 24710, "typical_volume": 45277.0, "trend": 34.58645, "fair_value": 40.021937, "relative_strength": -15.527387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.690041, "energy": 40.746187, "activity_lines": [ 31.255981, 31.108264, 32.349678, 33.441255 ] }, { "date": "2025-06-06", "close": 30.936796, "volume": 26728, "typical_volume": 44900.15, "trend": 34.423358, "fair_value": 39.884664, "relative_strength": -17.638856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.925755, "energy": 36.012842, "activity_lines": [ 31.178465, 31.046613, 32.104085, 33.205794 ] }, { "date": "2025-06-13", "close": 32.281868, "volume": 28674, "typical_volume": 44631.7, "trend": 34.325283, "fair_value": 39.768763, "relative_strength": -14.484492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.741738, "energy": 26.459491, "activity_lines": [ 31.619826, 31.286255, 32.015569, 33.067633 ] }, { "date": "2025-06-20", "close": 31.652262, "volume": 26554, "typical_volume": 44819.65, "trend": 34.222984, "fair_value": 39.606527, "relative_strength": -15.781713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.708883, "energy": 21.353971, "activity_lines": [ 31.696779, 31.400379, 31.885995, 32.89518 ] }, { "date": "2025-06-27", "close": 31.556868, "volume": 37541, "typical_volume": 39780.85, "trend": 34.070007, "fair_value": 39.433792, "relative_strength": -15.530443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.054225, "energy": 21.443933, "activity_lines": [ 31.679608, 31.46845, 31.770494, 32.723172 ] }, { "date": "2025-07-04", "close": 33.512478, "volume": 44008, "typical_volume": 41264.8, "trend": 33.969798, "fair_value": 39.270839, "relative_strength": -12.973633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.231878, "energy": 11.759946, "activity_lines": [ 32.283145, 31.868877, 31.857724, 32.687203 ] }, { "date": "2025-07-11", "close": 33.865444, "volume": 40807, "typical_volume": 42051.5, "trend": 33.890979, "fair_value": 39.112472, "relative_strength": -8.464036, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.482059, "energy": 14.570017, "activity_lines": [ 32.908942, 32.284649, 31.983181, 32.68047 ] }, { "date": "2025-07-18", "close": 32.510822, "volume": 29379, "typical_volume": 42121.3, "trend": 33.726957, "fair_value": 38.939964, "relative_strength": -9.918795, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.145939, "energy": 16.238099, "activity_lines": [ 32.887955, 32.420111, 31.988344, 32.591428 ] }, { "date": "2025-07-25", "close": 33.012978, "volume": 43390, "typical_volume": 43495.8, "trend": 33.547076, "fair_value": 38.795773, "relative_strength": -8.181053, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.884884, "energy": 17.657572, "activity_lines": [ 33.019089, 32.600563, 32.060087, 32.545365 ] }, { "date": "2025-08-01", "close": 31.362328, "volume": 34856, "typical_volume": 43426.65, "trend": 33.313416, "fair_value": 38.649494, "relative_strength": -11.548186, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.175499, "energy": 13.10385, "activity_lines": [ 32.509292, 32.439159, 31.990004, 32.404413 ] }, { "date": "2025-08-08", "close": 31.999416, "volume": 35723, "typical_volume": 41758.45, "trend": 33.10006, "fair_value": 38.510075, "relative_strength": -11.789322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.069191, "energy": 15.464046, "activity_lines": [ 32.224828, 32.388628, 31.996389, 32.319639 ] }, { "date": "2025-08-15", "close": 32.607552, "volume": 57100, "typical_volume": 42959.75, "trend": 32.952922, "fair_value": 38.371342, "relative_strength": -10.217029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.243312, "energy": 14.236844, "activity_lines": [ 32.243946, 32.45016, 32.075917, 32.287864 ] }, { "date": "2025-08-22", "close": 33.756248, "volume": 32208, "typical_volume": 42596.9, "trend": 32.869738, "fair_value": 38.265123, "relative_strength": -7.988605, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.659141, "energy": 4.033037, "activity_lines": [ 32.729822, 32.690168, 32.271749, 32.339692 ] }, { "date": "2025-08-29", "close": 32.733044, "volume": 36210, "typical_volume": 40313.2, "trend": 32.743657, "fair_value": 38.149624, "relative_strength": -12.686556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.514051, "energy": 12.111247, "activity_lines": [ 32.791602, 32.717333, 32.360219, 32.330873 ] }, { "date": "2025-09-05", "close": 32.346924, "volume": 19894, "typical_volume": 40091.75, "trend": 32.654623, "fair_value": 38.019291, "relative_strength": -14.164665, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.576816, "energy": 14.552412, "activity_lines": [ 32.743337, 32.654643, 32.39925, 32.305277 ] }, { "date": "2025-09-12", "close": 30.744539, "volume": 44476, "typical_volume": 39673.3, "trend": 32.530071, "fair_value": 37.885057, "relative_strength": -17.840667, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.124127, "energy": 14.341485, "activity_lines": [ 32.095305, 32.286246, 32.275832, 32.182046 ] }, { "date": "2025-09-19", "close": 30.860374, "volume": 66338, "typical_volume": 38626.4, "trend": 32.36888, "fair_value": 37.769257, "relative_strength": -19.130849, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.996422, "energy": 33.180621, "activity_lines": [ 31.569542, 31.989236, 32.163838, 32.074324 ] }, { "date": "2025-09-26", "close": 30.493563, "volume": 32936, "typical_volume": 37247.65, "trend": 32.170347, "fair_value": 37.642614, "relative_strength": -19.482408, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.030182, "energy": 49.856214, "activity_lines": [ 31.037988, 31.68017, 32.02231, 31.953335 ] }, { "date": "2025-10-03", "close": 35.146271, "volume": 154165, "typical_volume": 41969.65, "trend": 32.133811, "fair_value": 37.56915, "relative_strength": -6.197109, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.730541, "energy": 21.992175, "activity_lines": [ 32.274849, 32.253729, 32.321375, 32.14533 ] }, { "date": "2025-10-10", "close": 32.790958, "volume": 96721, "typical_volume": 45620.9, "trend": 32.07088, "fair_value": 37.469047, "relative_strength": -9.925939, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.428272, "energy": 18.683407, "activity_lines": [ 32.565723, 32.360262, 32.375034, 32.187727 ] }, { "date": "2025-10-17", "close": 31.854626, "volume": 32667, "typical_volume": 46018.75, "trend": 31.959471, "fair_value": 37.356463, "relative_strength": -13.699437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.423258, "energy": 16.044641, "activity_lines": [ 32.514885, 32.270578, 32.331416, 32.173775 ] }, { "date": "2025-10-24", "close": 32.163517, "volume": 31761, "typical_volume": 46270.4, "trend": 31.896347, "fair_value": 37.220872, "relative_strength": -14.071207, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.928783, "energy": 21.914184, "activity_lines": [ 32.493005, 32.239689, 32.318297, 32.186939 ] }, { "date": "2025-10-31", "close": 31.931849, "volume": 98452, "typical_volume": 49759.3, "trend": 31.904929, "fair_value": 37.10002, "relative_strength": -16.087754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 20.904431, "energy": 8.201808, "activity_lines": [ 32.307025, 32.174751, 32.277272, 32.18923 ] }, { "date": "2025-11-07", "close": 31.6334, "volume": 66613, "typical_volume": 51762.25, "trend": 31.956934, "fair_value": 36.956229, "relative_strength": -18.853334, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.158683, "energy": 10.26358, "activity_lines": [ 31.925677, 32.088721, 32.209491, 32.171712 ] }, { "date": "2025-11-14", "close": 32.444515, "volume": 168718, "typical_volume": 58321.1, "trend": 32.02907, "fair_value": 36.809732, "relative_strength": -18.277199, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 16.01841, "energy": 9.086767, "activity_lines": [ 32.048892, 32.170159, 32.219049, 32.203169 ] }, { "date": "2025-11-21", "close": 33.011314, "volume": 112436, "typical_volume": 61742.5, "trend": 32.101889, "fair_value": 36.653583, "relative_strength": -14.892851, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.528333, "energy": 15.638342, "activity_lines": [ 32.384136, 32.352878, 32.27836, 32.266539 ] }, { "date": "2025-11-28", "close": 33.499935, "volume": 61621, "typical_volume": 62783.2, "trend": 32.152067, "fair_value": 36.505671, "relative_strength": -15.469177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.311427, "energy": 31.464662, "activity_lines": [ 32.805142, 32.583223, 32.386594, 32.356736 ] }, { "date": "2025-12-05", "close": 34.653084, "volume": 54207, "typical_volume": 64024.6, "trend": 32.308378, "fair_value": 36.355984, "relative_strength": -11.134695, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.751093, "energy": 51.638378, "activity_lines": [ 33.521435, 32.975239, 32.606391, 32.518092 ] }, { "date": "2025-12-12", "close": 34.496727, "volume": 83920, "typical_volume": 66051.1, "trend": 32.434356, "fair_value": 36.199146, "relative_strength": -12.89001, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.266176, "energy": 60.003308, "activity_lines": [ 34.004195, 33.263199, 32.801097, 32.659276 ] }, { "date": "2025-12-19", "close": 34.193783, "volume": 50774, "typical_volume": 66847.0, "trend": 32.537834, "fair_value": 36.053267, "relative_strength": -11.780354, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.261179, "energy": 57.979337, "activity_lines": [ 34.195084, 33.507888, 32.959885, 32.772787 ] }, { "date": "2025-12-26", "close": 34.301277, "volume": 36294, "typical_volume": 66875.55, "trend": 32.611825, "fair_value": 35.902532, "relative_strength": -12.102492, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.078556, "energy": 55.063083, "activity_lines": [ 34.305187, 33.746616, 33.115427, 32.886557 ] }, { "date": "2026-01-02", "close": 33.060181, "volume": 19625, "typical_volume": 65001.8, "trend": 32.682605, "fair_value": 35.75032, "relative_strength": -14.29343, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.060693, "energy": 36.192677, "activity_lines": [ 33.915593, 33.715205, 33.141809, 32.915484 ] }, { "date": "2026-01-09", "close": 33.324032, "volume": 59138, "typical_volume": 66348.3, "trend": 32.717344, "fair_value": 35.629718, "relative_strength": -14.289422, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.048054, "energy": 21.457607, "activity_lines": [ 33.643267, 33.715464, 33.191163, 32.956866 ] }, { "date": "2026-01-16", "close": 33.597664, "volume": 81245, "typical_volume": 68600.05, "trend": 32.78219, "fair_value": 35.523716, "relative_strength": -13.646612, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.189146, "energy": 16.741441, "activity_lines": [ 33.550755, 33.740162, 33.268637, 33.013661 ] }, { "date": "2026-01-23", "close": 33.411892, "volume": 50791, "typical_volume": 70144.9, "trend": 32.844025, "fair_value": 35.427583, "relative_strength": -20.163758, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.067265, "energy": 16.564002, "activity_lines": [ 33.456257, 33.69537, 33.3243, 33.054287 ] }, { "date": "2026-01-30", "close": 34.2719, "volume": 100585, "typical_volume": 72950.35, "trend": 32.869339, "fair_value": 35.334469, "relative_strength": -18.567078, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.094563, "energy": 19.777616, "activity_lines": [ 33.700554, 33.789354, 33.456798, 33.146408 ] }, { "date": "2026-02-06", "close": 34.716736, "volume": 81952, "typical_volume": 73731.05, "trend": 32.897715, "fair_value": 35.238831, "relative_strength": -17.60219, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.894796, "energy": 29.938237, "activity_lines": [ 34.095088, 33.941297, 33.614864, 33.265595 ] }, { "date": "2026-02-13", "close": 35.596516, "volume": 27380, "typical_volume": 73453.25, "trend": 33.000571, "fair_value": 35.157255, "relative_strength": -16.562673, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.301211, "energy": 52.387793, "activity_lines": [ 34.672445, 34.231077, 33.838355, 33.439711 ] }, { "date": "2026-02-20", "close": 33.975346, "volume": 23026, "typical_volume": 66896.3, "trend": 33.03265, "fair_value": 35.075872, "relative_strength": -21.3867, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.262837, "energy": 44.433143, "activity_lines": [ 34.557913, 34.208945, 33.883149, 33.5026 ] }, { "date": "2026-02-27", "close": 34.963863, "volume": 30250, "typical_volume": 63572.75, "trend": 33.152702, "fair_value": 35.005092, "relative_strength": -17.570742, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.896349, "energy": 50.205469, "activity_lines": [ 34.747708, 34.376023, 34.027663, 33.627194 ] }, { "date": "2026-03-06", "close": 34.894669, "volume": 28248, "typical_volume": 63351.8, "trend": 33.24921, "fair_value": 34.945893, "relative_strength": -12.700268, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.728659, "energy": 45.533935, "activity_lines": [ 34.810974, 34.516519, 34.15524, 33.739579 ] }, { "date": "2026-03-13", "close": 35.102257, "volume": 29232, "typical_volume": 63225.35, "trend": 33.332367, "fair_value": 34.877108, "relative_strength": -10.78548, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.177185, "energy": 33.652656, "activity_lines": [ 34.901917, 34.68397, 34.288111, 33.85913 ] }, { "date": "2026-03-20", "close": 35.56686, "volume": 70395, "typical_volume": 61822.5, "trend": 33.392721, "fair_value": 34.812797, "relative_strength": -8.358888, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.731367, "energy": 45.760236, "activity_lines": [ 35.122027, 34.898765, 34.451236, 34.003291 ] }, { "date": "2026-03-27", "close": 34.993523, "volume": 16949, "typical_volume": 59339.3, "trend": 33.46807, "fair_value": 34.750076, "relative_strength": -11.983996, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.840961, "energy": 34.640351, "activity_lines": [ 35.153002, 34.968538, 34.542448, 34.106569 ] }, { "date": "2026-04-03", "close": 36.031464, "volume": 22434, "typical_volume": 52025.1, "trend": 33.590888, "fair_value": 34.691625, "relative_strength": -12.060949, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.447148, "energy": 44.484423, "activity_lines": [ 35.462078, 35.201648, 34.716511, 34.271949 ] }, { "date": "2026-04-10", "close": 33.214188, "volume": 39945, "typical_volume": 48400.55, "trend": 33.673209, "fair_value": 34.624147, "relative_strength": -22.284889, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.856842, "energy": 14.749383, "activity_lines": [ 34.760889, 34.874898, 34.605181, 34.247646 ] }, { "date": "2026-04-17", "close": 33.840736, "volume": 35885, "typical_volume": 47113.75, "trend": 33.772555, "fair_value": 34.562625, "relative_strength": -19.743388, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.225662, "energy": 12.881821, "activity_lines": [ 34.380582, 34.681297, 34.552557, 34.258454 ] }, { "date": "2026-04-24", "close": 33.979103, "volume": 27744, "typical_volume": 45790.6, "trend": 33.88874, "fair_value": 34.512962, "relative_strength": -16.931926, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.969622, "energy": 14.99497, "activity_lines": [ 34.130498, 34.528781, 34.511487, 34.27178 ] }, { "date": "2026-05-01", "close": 32.417526, "volume": 19369, "typical_volume": 42563.05, "trend": 33.797781, "fair_value": 34.457832, "relative_strength": -18.83595, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -29.2657, "energy": 28.754565, "activity_lines": [ 33.465739, 34.121749, 34.324905, 34.176863 ] }, { "date": "2026-05-08", "close": 31.559999, "volume": 49192, "typical_volume": 42483.95, "trend": 33.756749, "fair_value": 34.403024, "relative_strength": -19.255156, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -37.683038, "energy": 53.099208, "activity_lines": [ 32.686871, 33.587127, 34.066555, 34.03249 ] }, { "date": "2026-05-15", "close": 31.91, "volume": 17454, "typical_volume": 41541.95, "trend": 33.758595, "fair_value": 34.351187, "relative_strength": -14.903491, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.464972, "energy": 60.666278, "activity_lines": [ 32.322768, 33.178031, 33.85408, 33.913345 ] }, { "date": "2026-05-22", "close": 32.43, "volume": 26611, "typical_volume": 41891.25, "trend": 33.767478, "fair_value": 34.296803, "relative_strength": -12.659863, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.550466, "energy": 59.679489, "activity_lines": [ 32.218943, 32.917746, 33.702516, 33.827629 ] }, { "date": "2026-05-29", "close": 32.84, "volume": 26747, "typical_volume": 40271.7, "trend": 33.79775, "fair_value": 34.241351, "relative_strength": -9.951923, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.057547, "energy": 58.802065, "activity_lines": [ 32.345835, 32.780593, 33.593, 33.767791 ] }, { "date": "2026-06-05", "close": 33.869999, "volume": 9706, "typical_volume": 36694.75, "trend": 33.872303, "fair_value": 34.192222, "relative_strength": -4.271067, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.261084, "energy": 25.004846, "activity_lines": [ 32.892, 32.880292, 33.583885, 33.772453 ] }, { "date": "2026-06-12", "close": 33.25, "volume": 1845, "typical_volume": 34247.45, "trend": 33.899152, "fair_value": 34.134582, "relative_strength": -6.833597, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.146462, "energy": 17.308793, "activity_lines": [ 33.134666, 32.887692, 33.514425, 33.732304 ] }, { "date": "2026-06-19", "close": 32.314713, "volume": 751, "typical_volume": 29255.75, "trend": 33.875932, "fair_value": 34.085451, "relative_strength": -7.747796, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.87822, "energy": 20.456904, "activity_lines": [ 32.952904, 32.775612, 33.356661, 33.630082 ] }, { "date": "2026-06-26", "close": 30.724653, "volume": 7222, "typical_volume": 25519.25, "trend": 33.783423, "fair_value": 34.037385, "relative_strength": -14.252875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.168117, "energy": 38.686719, "activity_lines": [ 32.214141, 32.390783, 33.056783, 33.426774 ] }, { "date": "2026-07-03", "close": 30.961679, "volume": 435, "typical_volume": 24172.0, "trend": 33.660376, "fair_value": 33.993806, "relative_strength": -13.597064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.207406, "energy": 64.959209, "activity_lines": [ 31.668076, 32.105707, 32.798488, 33.244726 ] }, { "date": "2026-07-10", "close": 30.783909, "volume": 21837, "typical_volume": 24112.55, "trend": 33.536616, "fair_value": 33.947912, "relative_strength": -15.232619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.217652, "energy": 76.38704, "activity_lines": [ 31.187976, 31.843171, 32.545334, 33.059147 ] }, { "date": "2026-07-17", "close": 31.801151, "volume": 48051, "typical_volume": 25002.6, "trend": 33.456861, "fair_value": 33.900586, "relative_strength": -9.823154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.345459, "energy": 68.510633, "activity_lines": [ 31.252696, 31.79529, 32.404257, 32.947182 ] }, { "date": "2026-07-24", "close": 31.139999, "volume": 13315, "typical_volume": 24255.95, "trend": 33.351485, "fair_value": 33.858529, "relative_strength": -11.290229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.382113, "energy": 62.498578, "activity_lines": [ 31.193622, 31.622816, 32.215274, 32.797707 ] }, { "date": "2026-07-31", "close": 31.44, "volume": 18788, "typical_volume": 23733.75, "trend": 33.297479, "fair_value": 33.818961, "relative_strength": -11.921279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.392269, "energy": 41.185405, "activity_lines": [ 31.312863, 31.518886, 32.072742, 32.674385 ] }, { "date": "2026-08-07", "close": 33.939999, "volume": 47445, "typical_volume": 22586.25, "trend": 33.318011, "fair_value": 33.785787, "relative_strength": -1.528435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.430642, "energy": 12.581153, "activity_lines": [ 32.217747, 31.887503, 32.185744, 32.715838 ] } ], "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." } } }