{ "ticker": { "uuid": "f7b57639-e334-46dd-8a56-99d3d60ab6a7", "symbol": "CSCO", "name": "Cisco Systems, Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 66.398, "architecture_energy": 44.453, "architecture_maturity": 81.0, "architecture_confidence": 96, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 28.94, "rotation_up": 38.76, "upward_expansion": 67.13, "deceleration": 94.31, "rotation_down": 29.53, "downward_expansion": 16.47 }, "activity_lines": [ 101.294001, 101.291814, 98.382478, 91.949708 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 104.720001, "trend_reference": 83.496751, "distance_from_trend": 0.254181, "trend_direction": "Improving", "fair_value": 56.617066, "distance_from_fair_value": 0.849619, "fair_value_direction": "Improving", "relative_strength": 17.631983, "relative_strength_direction": "Improving", "price_momentum": 0.485356, "excess_performance": 0.311109, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.254181, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.175338, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.849619, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.273742, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.17632, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.069367, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.485356, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.127329, "read": "Demand-led" } ], "volume": { "latest": 2495, "relative_activity": 1.768312, "balance": 2.127329, "dry_up": 1.541692, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.065177, "annualized_volatility": 0.397107, "from_high_reference": -0.056285, "from_low_reference": 0.898254 }, "levels": { "trend_reference": 83.496751, "fair_value_reference": 56.617066, "structural_low": 62.095091, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.010324, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.023577, "regime_survival": 0.454545, "best_return": 0.066111, "worst_return": -0.10423, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.083604, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.046351, "regime_survival": 0.0, "best_return": 0.185417, "worst_return": -0.088528, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.054194, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.006942, "regime_survival": 0.4, "best_return": 0.188867, "worst_return": -0.154071, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.000101, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.033753, "regime_survival": 0.0, "best_return": 0.253297, "worst_return": -0.091382, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-12", "end": "2024-05-10", "tenure": "Developing", "return": -0.036276, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-17", "end": "2024-08-09", "tenure": "Established", "return": -0.055206, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-09-20", "tenure": "Developing", "return": 0.034738, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-03-14", "tenure": "Established", "return": 0.183029, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.073078, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.064073, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": 0.010893, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-08-01", "tenure": "Developing", "return": -0.006791, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": -0.067835, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-17", "tenure": "Developing", "return": 0.059596, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2026-01-09", "tenure": "Developing", "return": 0.050468, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.09322, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-07-17", "tenure": "Established", "return": 0.532807, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.054476, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 46.656303, "volume": 150, "typical_volume": 226.5, "trend": 42.03921, "fair_value": 38.874727, "relative_strength": 14.38072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.259419, "energy": 88.132557, "activity_lines": [ 45.151388, 44.168593, 43.096742, 42.599472 ] }, { "date": "2023-08-25", "close": 47.364742, "volume": 0, "typical_volume": 216.0, "trend": 42.274272, "fair_value": 38.99009, "relative_strength": 16.578976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.345078, "energy": 94.86251, "activity_lines": [ 46.058259, 44.8463, 43.585474, 42.943055 ] }, { "date": "2023-09-01", "close": 49.250874, "volume": 0, "typical_volume": 216.0, "trend": 42.551237, "fair_value": 39.121347, "relative_strength": 18.209232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.78303, "energy": 97.160108, "activity_lines": [ 47.346345, 45.796749, 44.232803, 43.393158 ] }, { "date": "2023-09-08", "close": 48.873646, "volume": 60, "typical_volume": 211.9, "trend": 42.854698, "fair_value": 39.255508, "relative_strength": 17.996574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.402938, "energy": 93.443792, "activity_lines": [ 48.129317, 46.549489, 44.809194, 43.801055 ] }, { "date": "2023-09-15", "close": 48.091602, "volume": 0, "typical_volume": 172.9, "trend": 43.020915, "fair_value": 39.385294, "relative_strength": 14.348187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.374485, "energy": 88.367413, "activity_lines": [ 48.3394, 47.056193, 45.26257, 44.13892 ] }, { "date": "2023-09-22", "close": 46.150265, "volume": 213, "typical_volume": 173.55, "trend": 43.177632, "fair_value": 39.506653, "relative_strength": 10.397407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.224565, "energy": 69.559162, "activity_lines": [ 47.707011, 47.118757, 45.486835, 44.340814 ] }, { "date": "2023-09-29", "close": 46.858715, "volume": 308, "typical_volume": 185.95, "trend": 43.346499, "fair_value": 39.631228, "relative_strength": 11.602643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.31981, "energy": 58.308077, "activity_lines": [ 47.344507, 47.221218, 45.74155, 44.578303 ] }, { "date": "2023-10-06", "close": 46.687424, "volume": 80, "typical_volume": 184.95, "trend": 43.517651, "fair_value": 39.749218, "relative_strength": 12.688107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.790507, "energy": 40.721034, "activity_lines": [ 46.958642, 47.234238, 45.943316, 44.793846 ] }, { "date": "2023-10-13", "close": 47.354919, "volume": 0, "typical_volume": 179.4, "trend": 43.681185, "fair_value": 39.868583, "relative_strength": 13.048336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.295973, "energy": 35.787761, "activity_lines": [ 46.966171, 47.311763, 46.183306, 45.041412 ] }, { "date": "2023-10-20", "close": 46.344402, "volume": 0, "typical_volume": 158.2, "trend": 43.826572, "fair_value": 39.989162, "relative_strength": 14.545947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.578617, "energy": 33.856252, "activity_lines": [ 46.73811, 47.148023, 46.303896, 45.213233 ] }, { "date": "2023-10-27", "close": 45.389526, "volume": 128, "typical_volume": 157.0, "trend": 43.900909, "fair_value": 40.114753, "relative_strength": 12.521017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.193756, "energy": 25.095859, "activity_lines": [ 46.308237, 46.789157, 46.315893, 45.314068 ] }, { "date": "2023-11-03", "close": 45.862328, "volume": 73, "typical_volume": 100.45, "trend": 43.998066, "fair_value": 40.239584, "relative_strength": 7.55331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.708226, "energy": 22.813835, "activity_lines": [ 46.086681, 46.539288, 46.356402, 45.440612 ] }, { "date": "2023-11-10", "close": 45.482231, "volume": 18, "typical_volume": 86.55, "trend": 44.117533, "fair_value": 40.343798, "relative_strength": 5.75353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.588708, "energy": 20.355388, "activity_lines": [ 45.804851, 46.247626, 46.349482, 45.536364 ] }, { "date": "2023-11-17", "close": 40.893211, "volume": 754, "typical_volume": 124.25, "trend": 44.191253, "fair_value": 40.418648, "relative_strength": -6.919479, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -48.60255, "energy": 47.189591, "activity_lines": [ 44.073694, 45.190118, 45.889641, 45.328343 ] }, { "date": "2023-11-24", "close": 40.972012, "volume": 363, "typical_volume": 142.4, "trend": 44.263493, "fair_value": 40.488222, "relative_strength": -6.116724, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.605466, "energy": 73.022214, "activity_lines": [ 42.799585, 44.292036, 45.448109, 45.12065 ] }, { "date": "2023-12-01", "close": 41.472637, "volume": 20, "typical_volume": 132.75, "trend": 44.366717, "fair_value": 40.557294, "relative_strength": -6.688566, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.985336, "energy": 76.726246, "activity_lines": [ 42.05051, 43.614424, 45.064281, 44.940595 ] }, { "date": "2023-12-08", "close": 41.760025, "volume": 211, "typical_volume": 131.65, "trend": 44.45321, "fair_value": 40.630091, "relative_strength": -6.107586, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.607858, "energy": 77.459156, "activity_lines": [ 41.658357, 43.074112, 44.706811, 44.772421 ] }, { "date": "2023-12-15", "close": 42.385811, "volume": 174, "typical_volume": 140.35, "trend": 44.487257, "fair_value": 40.703564, "relative_strength": -6.024621, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.730213, "energy": 72.843083, "activity_lines": [ 41.748287, 42.740283, 44.417951, 44.639041 ] }, { "date": "2023-12-22", "close": 42.306999, "volume": 157, "typical_volume": 137.55, "trend": 44.481111, "fair_value": 40.778738, "relative_strength": -7.154881, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.947471, "energy": 52.33719, "activity_lines": [ 42.018373, 42.470335, 44.127177, 44.498379 ] }, { "date": "2023-12-29", "close": 42.339451, "volume": 0, "typical_volume": 135.45, "trend": 44.471181, "fair_value": 40.854791, "relative_strength": -7.767201, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.50547, "energy": 51.581133, "activity_lines": [ 42.205025, 42.298068, 43.848464, 44.360207 ] }, { "date": "2024-01-05", "close": 42.816734, "volume": 0, "typical_volume": 127.95, "trend": 44.501037, "fair_value": 40.929015, "relative_strength": -6.593111, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.805042, "energy": 39.459536, "activity_lines": [ 42.459608, 42.285398, 43.628642, 44.253469 ] }, { "date": "2024-01-12", "close": 43.162678, "volume": 100, "typical_volume": 132.95, "trend": 44.489651, "fair_value": 41.001844, "relative_strength": -5.008176, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.552654, "energy": 32.449075, "activity_lines": [ 42.739899, 42.382404, 43.460052, 44.167123 ] }, { "date": "2024-01-19", "close": 43.966747, "volume": 84, "typical_volume": 137.15, "trend": 44.550237, "fair_value": 41.08488, "relative_strength": -1.865681, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.199458, "energy": 25.310367, "activity_lines": [ 43.194703, 42.674689, 43.388049, 44.133388 ] }, { "date": "2024-01-26", "close": 45.027927, "volume": 70, "typical_volume": 137.65, "trend": 44.612432, "fair_value": 41.172762, "relative_strength": -2.881262, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.99745, "energy": 21.824103, "activity_lines": [ 43.897838, 43.18747, 43.442274, 44.164206 ] }, { "date": "2024-02-02", "close": 43.405758, "volume": 40, "typical_volume": 139.65, "trend": 44.623382, "fair_value": 41.234111, "relative_strength": -6.044975, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.907309, "energy": 24.412654, "activity_lines": [ 43.878855, 43.330135, 43.360319, 44.086356 ] }, { "date": "2024-02-09", "close": 43.228127, "volume": 360, "typical_volume": 147.0, "trend": 44.688981, "fair_value": 41.299863, "relative_strength": -4.331015, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.619114, "energy": 20.014219, "activity_lines": [ 43.729575, 43.396253, 43.283761, 43.99634 ] }, { "date": "2024-02-16", "close": 42.321205, "volume": 1162, "typical_volume": 189.7, "trend": 44.644611, "fair_value": 41.364934, "relative_strength": -7.663761, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.024112, "energy": 24.067867, "activity_lines": [ 43.250561, 43.265558, 43.134744, 43.84358 ] }, { "date": "2024-02-23", "close": 42.269775, "volume": 679, "typical_volume": 219.65, "trend": 44.601594, "fair_value": 41.431985, "relative_strength": -7.245299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.606566, "energy": 41.712338, "activity_lines": [ 42.810501, 43.11531, 43.002436, 43.690365 ] }, { "date": "2024-03-01", "close": 41.418968, "volume": 62, "typical_volume": 222.75, "trend": 44.509208, "fair_value": 41.486303, "relative_strength": -9.002694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.365973, "energy": 71.538775, "activity_lines": [ 42.199971, 42.812478, 42.810135, 43.485034 ] }, { "date": "2024-03-08", "close": 42.223034, "volume": 410, "typical_volume": 243.25, "trend": 44.411269, "fair_value": 41.535425, "relative_strength": -7.293029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.218286, "energy": 69.15825, "activity_lines": [ 42.09806, 42.671987, 42.722679, 43.337539 ] }, { "date": "2024-03-15", "close": 42.241734, "volume": 84, "typical_volume": 241.05, "trend": 44.264117, "fair_value": 41.583391, "relative_strength": -7.953538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.045004, "energy": 61.958259, "activity_lines": [ 42.081231, 42.537012, 42.656629, 43.197569 ] }, { "date": "2024-03-22", "close": 43.055153, "volume": 60, "typical_volume": 240.4, "trend": 44.120464, "fair_value": 41.621008, "relative_strength": -8.368168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.621187, "energy": 36.813671, "activity_lines": [ 42.401301, 42.560386, 42.683037, 43.119571 ] }, { "date": "2024-03-29", "close": 42.854134, "volume": 6, "typical_volume": 239.8, "trend": 43.907239, "fair_value": 41.656357, "relative_strength": -9.5627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.954481, "energy": 19.66554, "activity_lines": [ 42.605435, 42.549166, 42.703668, 43.037873 ] }, { "date": "2024-04-05", "close": 42.278057, "volume": 5, "typical_volume": 202.35, "trend": 43.687386, "fair_value": 41.688534, "relative_strength": -11.347739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.996466, "energy": 18.908838, "activity_lines": [ 42.578585, 42.453435, 42.681949, 42.932764 ] }, { "date": "2024-04-12", "close": 43.4193, "volume": 10, "typical_volume": 184.7, "trend": 43.531643, "fair_value": 41.724576, "relative_strength": -8.567797, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.072021, "energy": 12.475479, "activity_lines": [ 42.874878, 42.615199, 42.762325, 42.915468 ] }, { "date": "2024-04-19", "close": 42.678913, "volume": 348, "typical_volume": 201.1, "trend": 43.415931, "fair_value": 41.762802, "relative_strength": -9.697375, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.972464, "energy": 13.255802, "activity_lines": [ 42.844624, 42.642102, 42.760535, 42.860453 ] }, { "date": "2024-04-26", "close": 42.320499, "volume": 453, "typical_volume": 213.2, "trend": 43.264657, "fair_value": 41.80377, "relative_strength": -10.743054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.585152, "energy": 14.869595, "activity_lines": [ 42.665753, 42.613824, 42.718865, 42.78978 ] }, { "date": "2024-05-03", "close": 41.051922, "volume": 100, "typical_volume": 209.5, "trend": 43.076807, "fair_value": 41.826225, "relative_strength": -14.386084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.601603, "energy": 36.852747, "activity_lines": [ 42.113, 42.354909, 42.55371, 42.647023 ] }, { "date": "2024-05-10", "close": 41.8442, "volume": 5, "typical_volume": 201.9, "trend": 42.893117, "fair_value": 41.856059, "relative_strength": -14.876712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.590892, "energy": 48.29891, "activity_lines": [ 41.944487, 42.262187, 42.470362, 42.5675 ] }, { "date": "2024-05-17", "close": 41.811184, "volume": 170, "typical_volume": 210.4, "trend": 42.742009, "fair_value": 41.888394, "relative_strength": -16.15973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.753306, "energy": 51.203492, "activity_lines": [ 41.793893, 42.15573, 42.386073, 42.497698 ] }, { "date": "2024-05-24", "close": 40.504875, "volume": 55, "typical_volume": 213.15, "trend": 42.579188, "fair_value": 41.910301, "relative_strength": -18.358745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.793362, "energy": 67.479436, "activity_lines": [ 41.31507, 41.819251, 42.17989, 42.353367 ] }, { "date": "2024-05-31", "close": 40.066299, "volume": 70, "typical_volume": 211.65, "trend": 42.385987, "fair_value": 41.92389, "relative_strength": -17.63056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.947902, "energy": 71.285533, "activity_lines": [ 40.834991, 41.43461, 41.942946, 42.191245 ] }, { "date": "2024-06-07", "close": 40.382259, "volume": 174, "typical_volume": 216.15, "trend": 42.215988, "fair_value": 41.934574, "relative_strength": -16.035016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.016984, "energy": 69.504536, "activity_lines": [ 40.610512, 41.161759, 41.750838, 42.061972 ] }, { "date": "2024-06-14", "close": 40.137035, "volume": 0, "typical_volume": 212.65, "trend": 42.190782, "fair_value": 41.951191, "relative_strength": -13.319228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.865859, "energy": 72.796806, "activity_lines": [ 40.348936, 40.889266, 41.552445, 41.927846 ] }, { "date": "2024-06-21", "close": 41.858337, "volume": 0, "typical_volume": 210.65, "trend": 42.220326, "fair_value": 41.976596, "relative_strength": -10.760441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.382162, "energy": 42.124891, "activity_lines": [ 40.774938, 40.968664, 41.541275, 41.906398 ] }, { "date": "2024-06-28", "close": 41.900787, "volume": 219, "typical_volume": 203.6, "trend": 42.234598, "fair_value": 41.996258, "relative_strength": -10.840121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.690846, "energy": 23.191271, "activity_lines": [ 41.211947, 41.084161, 41.541516, 41.885783 ] }, { "date": "2024-07-05", "close": 40.87365, "volume": 225, "typical_volume": 156.75, "trend": 42.205052, "fair_value": 42.008314, "relative_strength": -14.99805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.574599, "energy": 19.97075, "activity_lines": [ 41.213516, 41.027054, 41.450256, 41.79798 ] }, { "date": "2024-07-12", "close": 41.316269, "volume": 3, "typical_volume": 122.95, "trend": 42.1694, "fair_value": 42.021715, "relative_strength": -13.781851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.565506, "energy": 20.906605, "activity_lines": [ 41.308801, 41.076729, 41.408043, 41.740639 ] }, { "date": "2024-07-19", "close": 41.287712, "volume": 185, "typical_volume": 129.1, "trend": 42.135424, "fair_value": 42.027504, "relative_strength": -12.727154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.719901, "energy": 17.077621, "activity_lines": [ 41.3323, 41.116406, 41.367651, 41.683756 ] }, { "date": "2024-07-26", "close": 41.892155, "volume": 378, "typical_volume": 127.5, "trend": 42.120514, "fair_value": 42.038051, "relative_strength": -11.163826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.297923, "energy": 11.352849, "activity_lines": [ 41.480568, 41.276099, 41.385449, 41.668061 ] }, { "date": "2024-08-02", "close": 40.554771, "volume": 132, "typical_volume": 129.9, "trend": 42.045115, "fair_value": 42.035882, "relative_strength": -10.162996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.423914, "energy": 21.647225, "activity_lines": [ 41.180787, 41.19116, 41.277454, 41.567045 ] }, { "date": "2024-08-09", "close": 39.502945, "volume": 1188, "typical_volume": 186.3, "trend": 41.923124, "fair_value": 42.025176, "relative_strength": -12.91134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.082205, "energy": 36.659948, "activity_lines": [ 40.620131, 40.914072, 41.077318, 41.403034 ] }, { "date": "2024-08-16", "close": 43.020134, "volume": 50, "typical_volume": 188.5, "trend": 41.891571, "fair_value": 42.026299, "relative_strength": -6.438557, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.778001, "energy": 3.070512, "activity_lines": [ 41.323252, 41.286716, 41.229067, 41.473809 ] }, { "date": "2024-08-23", "close": 43.015373, "volume": 110, "typical_volume": 193.75, "trend": 41.824485, "fair_value": 42.024685, "relative_strength": -7.521794, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.417519, "energy": 17.909046, "activity_lines": [ 41.911196, 41.610533, 41.379573, 41.546313 ] }, { "date": "2024-08-30", "close": 43.220028, "volume": 16, "typical_volume": 194.05, "trend": 41.818294, "fair_value": 42.025212, "relative_strength": -7.528922, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.000505, "energy": 38.829722, "activity_lines": [ 42.45218, 41.919227, 41.546058, 41.636348 ] }, { "date": "2024-09-06", "close": 41.559002, "volume": 1, "typical_volume": 176.7, "trend": 41.762657, "fair_value": 42.01951, "relative_strength": -6.829912, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.539659, "energy": 24.653675, "activity_lines": [ 42.350964, 41.901158, 41.5553, 41.619619 ] }, { "date": "2024-09-13", "close": 42.791679, "volume": 16, "typical_volume": 154.85, "trend": 41.778339, "fair_value": 42.026515, "relative_strength": -4.157169, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.210062, "energy": 42.316018, "activity_lines": [ 42.593691, 42.113426, 41.687272, 41.686008 ] }, { "date": "2024-09-20", "close": 44.51458, "volume": 526, "typical_volume": 176.15, "trend": 41.853166, "fair_value": 42.044344, "relative_strength": -0.29278, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.046666, "energy": 64.439249, "activity_lines": [ 43.19147, 42.604075, 41.981086, 41.862539 ] }, { "date": "2024-09-27", "close": 45.29512, "volume": 0, "typical_volume": 175.9, "trend": 41.982371, "fair_value": 42.074358, "relative_strength": 0.928347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.156338, "energy": 72.1449, "activity_lines": [ 43.949799, 43.17849, 42.332748, 42.084601 ] }, { "date": "2024-10-04", "close": 45.972542, "volume": 70, "typical_volume": 170.9, "trend": 42.107355, "fair_value": 42.104594, "relative_strength": 3.895238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.704773, "energy": 82.822552, "activity_lines": [ 44.781953, 43.803211, 42.732494, 42.342031 ] }, { "date": "2024-10-11", "close": 47.359684, "volume": 92, "typical_volume": 172.75, "trend": 42.277953, "fair_value": 42.142246, "relative_strength": 7.192921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.884202, "energy": 90.613243, "activity_lines": [ 45.892986, 44.60595, 43.244533, 42.680891 ] }, { "date": "2024-10-18", "close": 50.225174, "volume": 15, "typical_volume": 170.0, "trend": 42.516954, "fair_value": 42.200132, "relative_strength": 13.536424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.627804, "energy": 97.042035, "activity_lines": [ 47.57247, 45.805962, 43.996834, 43.193615 ] }, { "date": "2024-10-25", "close": 49.74519, "volume": 1, "typical_volume": 161.35, "trend": 42.746656, "fair_value": 42.248288, "relative_strength": 14.046929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.806596, "energy": 94.062238, "activity_lines": [ 48.596393, 46.723755, 44.655046, 43.659953 ] }, { "date": "2024-11-01", "close": 49.121212, "volume": 2, "typical_volume": 161.45, "trend": 42.974761, "fair_value": 42.288046, "relative_strength": 14.443085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.570269, "energy": 89.173222, "activity_lines": [ 49.063617, 47.405823, 45.209246, 44.071214 ] }, { "date": "2024-11-08", "close": 51.799507, "volume": 111, "typical_volume": 167.0, "trend": 43.254101, "fair_value": 42.342996, "relative_strength": 19.875474, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.976723, "energy": 95.370223, "activity_lines": [ 50.168532, 48.463838, 45.97574, 44.640553 ] }, { "date": "2024-11-15", "close": 52.481079, "volume": 549, "typical_volume": 183.5, "trend": 43.58084, "fair_value": 42.417876, "relative_strength": 20.824492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.096823, "energy": 95.182873, "activity_lines": [ 51.112174, 49.489786, 46.759807, 45.235842 ] }, { "date": "2024-11-22", "close": 53.815426, "volume": 2, "typical_volume": 172.35, "trend": 43.964004, "fair_value": 42.49371, "relative_strength": 24.194128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.753528, "energy": 94.671173, "activity_lines": [ 52.159172, 50.559758, 47.620573, 45.896138 ] }, { "date": "2024-11-29", "close": 54.161011, "volume": 9, "typical_volume": 172.65, "trend": 44.400974, "fair_value": 42.56235, "relative_strength": 24.21287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.986, "energy": 92.097726, "activity_lines": [ 53.082015, 51.492133, 48.452623, 46.554009 ] }, { "date": "2024-12-06", "close": 54.496998, "volume": 0, "typical_volume": 163.4, "trend": 44.822734, "fair_value": 42.622732, "relative_strength": 22.928921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.688924, "energy": 91.874957, "activity_lines": [ 53.822465, 52.310206, 49.255507, 47.205365 ] }, { "date": "2024-12-13", "close": 53.892223, "volume": 312, "typical_volume": 160.1, "trend": 45.225435, "fair_value": 42.670775, "relative_strength": 19.020221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.404925, "energy": 74.096694, "activity_lines": [ 54.002938, 52.851013, 49.937892, 47.790494 ] }, { "date": "2024-12-20", "close": 53.901821, "volume": 774, "typical_volume": 192.2, "trend": 45.672, "fair_value": 42.709137, "relative_strength": 20.488641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.872008, "energy": 67.490347, "activity_lines": [ 54.047096, 53.249572, 50.564048, 48.350261 ] }, { "date": "2024-12-27", "close": 54.85218, "volume": 180, "typical_volume": 141.8, "trend": 46.164863, "fair_value": 42.746408, "relative_strength": 20.712005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.682952, "energy": 69.451965, "activity_lines": [ 54.313324, 53.701975, 51.217157, 48.94253 ] }, { "date": "2025-01-03", "close": 55.228874, "volume": 142, "typical_volume": 146.4, "trend": 46.65975, "fair_value": 42.799904, "relative_strength": 20.373665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.446027, "energy": 69.127543, "activity_lines": [ 54.636, 54.13874, 51.83305, 49.527305 ] }, { "date": "2025-01-10", "close": 55.373875, "volume": 534, "typical_volume": 167.6, "trend": 47.167645, "fair_value": 42.854162, "relative_strength": 20.214521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.81289, "energy": 67.889237, "activity_lines": [ 54.935818, 54.502166, 52.404616, 50.089507 ] }, { "date": "2025-01-17", "close": 56.939972, "volume": 155, "typical_volume": 174.55, "trend": 47.670366, "fair_value": 42.935217, "relative_strength": 19.049197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.409686, "energy": 73.004378, "activity_lines": [ 55.699211, 55.036652, 53.066484, 50.71998 ] }, { "date": "2025-01-24", "close": 57.152645, "volume": 321, "typical_volume": 190.55, "trend": 48.178761, "fair_value": 43.027445, "relative_strength": 17.156532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.347896, "energy": 71.659727, "activity_lines": [ 56.330311, 55.516342, 53.683273, 51.33174 ] }, { "date": "2025-01-31", "close": 56.862629, "volume": 1307, "typical_volume": 255.1, "trend": 48.711727, "fair_value": 43.123194, "relative_strength": 15.61587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.136519, "energy": 68.289353, "activity_lines": [ 56.648018, 55.858365, 54.198186, 51.891989 ] }, { "date": "2025-02-07", "close": 58.825073, "volume": 655, "typical_volume": 261.55, "trend": 49.295354, "fair_value": 43.23141, "relative_strength": 18.729889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.755428, "energy": 78.806783, "activity_lines": [ 57.485842, 56.501793, 54.832994, 52.544463 ] }, { "date": "2025-02-14", "close": 59.269772, "volume": 1016, "typical_volume": 312.35, "trend": 49.894756, "fair_value": 43.330651, "relative_strength": 13.282341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.545051, "energy": 72.17141, "activity_lines": [ 58.232153, 57.141273, 55.44201, 53.187974 ] }, { "date": "2025-02-21", "close": 59.965805, "volume": 481, "typical_volume": 332.9, "trend": 50.497211, "fair_value": 43.436203, "relative_strength": 15.202358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.694637, "energy": 72.502666, "activity_lines": [ 58.950749, 57.820528, 56.050768, 53.837719 ] }, { "date": "2025-02-28", "close": 58.757404, "volume": 1092, "typical_volume": 382.9, "trend": 51.103965, "fair_value": 43.526331, "relative_strength": 9.868924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.528401, "energy": 66.795199, "activity_lines": [ 59.064822, 58.169644, 56.477805, 54.370635 ] }, { "date": "2025-03-07", "close": 56.050583, "volume": 1118, "typical_volume": 438.05, "trend": 51.655553, "fair_value": 43.602414, "relative_strength": 1.23481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.803535, "energy": 55.336508, "activity_lines": [ 58.169638, 57.938328, 56.592776, 54.689771 ] }, { "date": "2025-03-14", "close": 53.585434, "volume": 1143, "typical_volume": 495.15, "trend": 52.00773, "fair_value": 43.662975, "relative_strength": -3.389284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.356848, "energy": 22.643348, "activity_lines": [ 56.506873, 57.237013, 56.44523, 54.81428 ] }, { "date": "2025-03-21", "close": 53.604778, "volume": 549, "typical_volume": 522.5, "trend": 52.36071, "fair_value": 43.728452, "relative_strength": -2.526671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.524439, "energy": 21.713387, "activity_lines": [ 55.199866, 56.569097, 56.28124, 54.917315 ] }, { "date": "2025-03-28", "close": 54.281479, "volume": 191, "typical_volume": 526.5, "trend": 52.729425, "fair_value": 43.795548, "relative_strength": 0.550836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.296731, "energy": 24.354033, "activity_lines": [ 54.496092, 56.056382, 56.160347, 55.041236 ] }, { "date": "2025-04-04", "close": 49.68745, "volume": 1004, "typical_volume": 549.25, "trend": 53.000373, "fair_value": 43.829999, "relative_strength": 1.941189, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -45.101229, "energy": 45.451338, "activity_lines": [ 52.63993, 54.756725, 55.590109, 54.844979 ] }, { "date": "2025-04-11", "close": 48.553104, "volume": 5742, "typical_volume": 836.25, "trend": 53.192421, "fair_value": 43.870394, "relative_strength": 0.73603, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.228183, "energy": 56.79796, "activity_lines": [ 51.010316, 53.386555, 54.92514, 54.558059 ] }, { "date": "2025-04-18", "close": 48.017567, "volume": 1801, "typical_volume": 925.85, "trend": 53.309187, "fair_value": 43.906649, "relative_strength": -5.487618, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.354173, "energy": 68.243175, "activity_lines": [ 49.702022, 52.070097, 54.234227, 54.224197 ] }, { "date": "2025-04-25", "close": 48.217178, "volume": 1936, "typical_volume": 1022.65, "trend": 53.406589, "fair_value": 43.947601, "relative_strength": -8.487027, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.241225, "energy": 71.456235, "activity_lines": [ 48.831457, 50.986431, 53.591579, 53.89568 ] }, { "date": "2025-05-02", "close": 50.66114, "volume": 750, "typical_volume": 1044.55, "trend": 53.562876, "fair_value": 44.008144, "relative_strength": -5.334133, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.821513, "energy": 58.576074, "activity_lines": [ 49.134718, 50.548079, 53.211593, 53.718555 ] }, { "date": "2025-05-09", "close": 51.66404, "volume": 1241, "typical_volume": 1067.9, "trend": 53.706354, "fair_value": 44.072151, "relative_strength": -7.815348, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.139894, "energy": 45.558851, "activity_lines": [ 50.013635, 50.461248, 52.942507, 53.596049 ] }, { "date": "2025-05-16", "close": 55.422485, "volume": 1948, "typical_volume": 1156.3, "trend": 53.879598, "fair_value": 44.201729, "relative_strength": -4.136827, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.376929, "energy": 16.800272, "activity_lines": [ 52.013595, 51.18674, 53.042025, 53.706767 ] }, { "date": "2025-05-23", "close": 53.981426, "volume": 1405, "typical_volume": 1219.45, "trend": 54.020806, "fair_value": 44.308489, "relative_strength": -5.678935, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.803122, "energy": 24.019804, "activity_lines": [ 53.075243, 51.661642, 53.001583, 53.713337 ] }, { "date": "2025-05-30", "close": 53.767216, "volume": 136, "typical_volume": 1199.55, "trend": 54.175672, "fair_value": 44.415005, "relative_strength": -7.14656, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.219139, "energy": 24.320723, "activity_lines": [ 53.667897, 52.090397, 52.946681, 53.696976 ] }, { "date": "2025-06-06", "close": 56.104073, "volume": 1135, "typical_volume": 1248.55, "trend": 54.319158, "fair_value": 44.54068, "relative_strength": -3.816625, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.874339, "energy": 26.838635, "activity_lines": [ 54.669501, 52.941082, 53.121987, 53.821389 ] }, { "date": "2025-06-13", "close": 54.400112, "volume": 1358, "typical_volume": 1300.4, "trend": 54.383126, "fair_value": 44.653709, "relative_strength": -4.885185, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 14.874885, "energy": 22.229418, "activity_lines": [ 54.740256, 53.448817, 53.138992, 53.826612 ] }, { "date": "2025-06-20", "close": 56.026176, "volume": 1657, "typical_volume": 1317.9, "trend": 54.456817, "fair_value": 44.777953, "relative_strength": -1.763448, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 25.246158, "energy": 26.353559, "activity_lines": [ 55.170627, 54.166515, 53.323967, 53.932615 ] }, { "date": "2025-06-27", "close": 57.350399, "volume": 6, "typical_volume": 1285.45, "trend": 54.56313, "fair_value": 44.917574, "relative_strength": -1.555448, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.823596, "energy": 44.171074, "activity_lines": [ 56.00216, 54.989108, 53.639041, 54.119298 ] }, { "date": "2025-07-04", "close": 57.608097, "volume": 479, "typical_volume": 1258.6, "trend": 54.666834, "fair_value": 45.043241, "relative_strength": -0.641066, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.240633, "energy": 51.889841, "activity_lines": [ 56.694994, 55.688866, 53.985681, 54.315747 ] }, { "date": "2025-07-11", "close": 57.02956, "volume": 478, "typical_volume": 1258.45, "trend": 54.771412, "fair_value": 45.166511, "relative_strength": -4.027039, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.210531, "energy": 56.233807, "activity_lines": [ 56.938923, 56.112692, 54.285135, 54.468181 ] }, { "date": "2025-07-18", "close": 57.480621, "volume": 1351, "typical_volume": 1271.4, "trend": 54.890705, "fair_value": 45.286458, "relative_strength": -3.537142, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.09095, "energy": 57.078877, "activity_lines": [ 57.271507, 56.50274, 54.641529, 54.642969 ] }, { "date": "2025-07-25", "close": 57.343338, "volume": 85, "typical_volume": 1219.75, "trend": 54.973743, "fair_value": 45.402618, "relative_strength": -5.813615, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.952131, "energy": 55.760567, "activity_lines": [ 57.352963, 56.762071, 54.990928, 54.801203 ] }, { "date": "2025-08-01", "close": 56.960922, "volume": 1050, "typical_volume": 1215.1, "trend": 55.031478, "fair_value": 45.517153, "relative_strength": -4.134658, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.453106, "energy": 38.909365, "activity_lines": [ 57.219136, 56.916948, 55.29775, 54.929408 ] }, { "date": "2025-08-08", "close": 59.843777, "volume": 556, "typical_volume": 1215.45, "trend": 55.180475, "fair_value": 45.642615, "relative_strength": -5.126315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.727014, "energy": 64.348473, "activity_lines": [ 58.072226, 57.541807, 55.863057, 55.239879 ] }, { "date": "2025-08-15", "close": 56.147053, "volume": 1082, "typical_volume": 1260.0, "trend": 55.154045, "fair_value": 45.725881, "relative_strength": -13.254919, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.119937, "energy": 41.601514, "activity_lines": [ 57.544029, 57.384052, 56.046585, 55.302239 ] }, { "date": "2025-08-22", "close": 56.500057, "volume": 115, "typical_volume": 1215.55, "trend": 55.132292, "fair_value": 45.824094, "relative_strength": -11.636824, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.939934, "energy": 32.253982, "activity_lines": [ 57.192334, 57.289697, 56.254849, 55.389079 ] }, { "date": "2025-08-29", "close": 57.902264, "volume": 594, "typical_volume": 958.15, "trend": 55.166946, "fair_value": 45.935513, "relative_strength": -6.198736, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.725608, "energy": 34.791833, "activity_lines": [ 57.373412, 57.412109, 56.564215, 55.567787 ] }, { "date": "2025-09-05", "close": 55.784245, "volume": 248, "typical_volume": 880.5, "trend": 55.065585, "fair_value": 46.0331, "relative_strength": -9.369626, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.661367, "energy": 21.279337, "activity_lines": [ 56.811222, 57.115316, 56.627346, 55.607612 ] }, { "date": "2025-09-12", "close": 55.490078, "volume": 207, "typical_volume": 794.05, "trend": 54.939595, "fair_value": 46.144847, "relative_strength": -10.832556, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.157232, "energy": 19.042483, "activity_lines": [ 56.229422, 56.793513, 56.625476, 55.634999 ] }, { "date": "2025-09-19", "close": 56.509861, "volume": 387, "typical_volume": 775.9, "trend": 54.824397, "fair_value": 46.268291, "relative_strength": -8.802237, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.168223, "energy": 16.98574, "activity_lines": [ 56.277796, 56.695635, 56.686096, 55.736306 ] }, { "date": "2025-09-26", "close": 56.29414, "volume": 170, "typical_volume": 722.35, "trend": 54.742288, "fair_value": 46.391293, "relative_strength": -9.606933, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.333725, "energy": 15.71374, "activity_lines": [ 56.230075, 56.567983, 56.69832, 55.831129 ] }, { "date": "2025-10-03", "close": 57.414558, "volume": 200, "typical_volume": 634.95, "trend": 54.787754, "fair_value": 46.519042, "relative_strength": -9.708581, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.571095, "energy": 14.042124, "activity_lines": [ 56.569556, 56.665617, 56.795202, 56.003533 ] }, { "date": "2025-10-10", "close": 58.846466, "volume": 882, "typical_volume": 608.8, "trend": 54.963122, "fair_value": 46.658443, "relative_strength": -5.603606, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.440206, "energy": 34.968552, "activity_lines": [ 57.418852, 57.022302, 57.01897, 56.265385 ] }, { "date": "2025-10-17", "close": 58.797089, "volume": 459, "typical_volume": 624.95, "trend": 55.136199, "fair_value": 46.785994, "relative_strength": -3.723874, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.203101, "energy": 48.2065, "activity_lines": [ 58.047542, 57.335728, 57.214869, 56.512738 ] }, { "date": "2025-10-24", "close": 59.982117, "volume": 90, "typical_volume": 572.7, "trend": 55.32622, "fair_value": 46.908399, "relative_strength": -3.490078, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.379901, "energy": 63.991015, "activity_lines": [ 58.850773, 57.883643, 57.499676, 56.825378 ] }, { "date": "2025-10-31", "close": 62.411423, "volume": 1018, "typical_volume": 555.7, "trend": 55.750353, "fair_value": 47.05256, "relative_strength": -2.412652, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.452717, "energy": 80.550681, "activity_lines": [ 60.232289, 58.803522, 57.997379, 57.282488 ] }, { "date": "2025-11-07", "close": 60.554878, "volume": 2948, "typical_volume": 620.25, "trend": 56.150412, "fair_value": 47.19414, "relative_strength": -3.983192, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.552284, "energy": 72.241049, "activity_lines": [ 60.587138, 59.278369, 58.280118, 57.592457 ] }, { "date": "2025-11-14", "close": 66.549133, "volume": 2612, "typical_volume": 750.55, "trend": 56.768131, "fair_value": 47.355333, "relative_strength": 3.521538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.853764, "energy": 90.230832, "activity_lines": [ 62.730718, 60.79485, 59.112174, 58.263342 ] }, { "date": "2025-11-21", "close": 65.403618, "volume": 1846, "typical_volume": 818.9, "trend": 57.341012, "fair_value": 47.505587, "relative_strength": 3.340515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.364659, "energy": 87.711668, "activity_lines": [ 63.978948, 61.907331, 59.79133, 58.820471 ] }, { "date": "2025-11-28", "close": 65.176483, "volume": 662, "typical_volume": 828.1, "trend": 57.824857, "fair_value": 47.652918, "relative_strength": -1.223467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.582737, "energy": 85.568246, "activity_lines": [ 64.711031, 62.798268, 60.411732, 59.325985 ] }, { "date": "2025-12-05", "close": 65.749245, "volume": 626, "typical_volume": 791.85, "trend": 58.294364, "fair_value": 47.80746, "relative_strength": -1.441698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.077642, "energy": 87.516567, "activity_lines": [ 65.287744, 63.635769, 61.047888, 59.837236 ] }, { "date": "2025-12-12", "close": 65.778877, "volume": 619, "typical_volume": 818.55, "trend": 58.639577, "fair_value": 47.971107, "relative_strength": -1.537868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.023095, "energy": 77.657785, "activity_lines": [ 65.651812, 64.306746, 61.647492, 60.320108 ] }, { "date": "2025-12-19", "close": 65.956627, "volume": 7, "typical_volume": 766.4, "trend": 59.03875, "fair_value": 48.13762, "relative_strength": -3.407093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.527411, "energy": 64.494776, "activity_lines": [ 65.726864, 64.857963, 62.223855, 60.792175 ] }, { "date": "2025-12-26", "close": 65.364113, "volume": 179, "typical_volume": 747.55, "trend": 59.425313, "fair_value": 48.301255, "relative_strength": -4.13099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.779741, "energy": 57.170061, "activity_lines": [ 65.643912, 65.172175, 62.700951, 61.200263 ] }, { "date": "2026-01-02", "close": 64.310997, "volume": 15, "typical_volume": 694.2, "trend": 59.698877, "fair_value": 48.451434, "relative_strength": -7.090337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.914356, "energy": 48.879094, "activity_lines": [ 65.212554, 65.17551, 63.051464, 61.515469 ] }, { "date": "2026-01-09", "close": 63.009274, "volume": 172, "typical_volume": 697.05, "trend": 59.98585, "fair_value": 48.593907, "relative_strength": -9.366293, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.863022, "energy": 34.597191, "activity_lines": [ 64.404989, 64.863462, 63.239127, 61.729043 ] }, { "date": "2026-01-16", "close": 64.489861, "volume": 777, "typical_volume": 706.2, "trend": 60.267972, "fair_value": 48.75878, "relative_strength": -7.92391, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.460419, "energy": 27.793725, "activity_lines": [ 64.273616, 64.809742, 63.536802, 62.019624 ] }, { "date": "2026-01-23", "close": 62.989403, "volume": 544, "typical_volume": 721.0, "trend": 60.455939, "fair_value": 48.904142, "relative_strength": -10.397669, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.678327, "energy": 22.069652, "activity_lines": [ 63.728026, 64.411665, 63.660206, 62.1952 ] }, { "date": "2026-01-30", "close": 65.612717, "volume": 1140, "typical_volume": 767.65, "trend": 60.72276, "fair_value": 49.062288, "relative_strength": -7.674271, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.649646, "energy": 24.001631, "activity_lines": [ 64.254688, 64.555277, 63.99914, 62.527896 ] }, { "date": "2026-02-06", "close": 70.501625, "volume": 1940, "typical_volume": 845.3, "trend": 61.171829, "fair_value": 49.259287, "relative_strength": -1.450127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.007953, "energy": 52.788443, "activity_lines": [ 66.394413, 65.58398, 64.755481, 63.15879 ] }, { "date": "2026-02-13", "close": 63.824097, "volume": 1555, "typical_volume": 914.55, "trend": 61.383278, "fair_value": 49.392101, "relative_strength": -9.667766, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.017113, "energy": 36.727896, "activity_lines": [ 65.895587, 65.301766, 64.80924, 63.329904 ] }, { "date": "2026-02-20", "close": 66.556717, "volume": 1363, "typical_volume": 972.7, "trend": 61.69039, "fair_value": 49.55305, "relative_strength": -8.328775, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.653424, "energy": 42.516038, "activity_lines": [ 66.253312, 65.551395, 65.087391, 63.663674 ] }, { "date": "2026-02-27", "close": 65.920753, "volume": 333, "typical_volume": 945.25, "trend": 61.989052, "fair_value": 49.707717, "relative_strength": -7.149038, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.71657, "energy": 38.774336, "activity_lines": [ 66.261259, 65.671251, 65.26144, 63.936601 ] }, { "date": "2026-03-06", "close": 67.540459, "volume": 2083, "typical_volume": 1026.45, "trend": 62.245608, "fair_value": 49.874304, "relative_strength": 0.467089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.91015, "energy": 33.531852, "activity_lines": [ 66.613685, 66.086252, 65.55606, 64.294756 ] }, { "date": "2026-03-13", "close": 67.918053, "volume": 2264, "typical_volume": 1135.15, "trend": 62.637974, "fair_value": 50.037568, "relative_strength": 3.657306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.746918, "energy": 37.784872, "activity_lines": [ 66.963459, 66.530336, 65.845005, 64.660721 ] }, { "date": "2026-03-20", "close": 67.182732, "volume": 654, "typical_volume": 1116.95, "trend": 62.994063, "fair_value": 50.199106, "relative_strength": 3.826305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.297098, "energy": 34.358555, "activity_lines": [ 67.240365, 66.775143, 66.026131, 64.953931 ] }, { "date": "2026-03-27", "close": 69.348961, "volume": 1331, "typical_volume": 1036.1, "trend": 63.37562, "fair_value": 50.366988, "relative_strength": 5.603665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.172613, "energy": 41.062866, "activity_lines": [ 68.015438, 67.337928, 66.390843, 65.363924 ] }, { "date": "2026-04-03", "close": 68.379997, "volume": 168, "typical_volume": 913.9, "trend": 63.795478, "fair_value": 50.530016, "relative_strength": 0.672661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.155756, "energy": 36.543982, "activity_lines": [ 68.281373, 67.636191, 66.621396, 65.686787 ] }, { "date": "2026-04-10", "close": 70.269997, "volume": 989, "typical_volume": 871.05, "trend": 64.288142, "fair_value": 50.711886, "relative_strength": -2.73818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.404157, "energy": 43.104957, "activity_lines": [ 69.013358, 68.180079, 67.023231, 66.104498 ] }, { "date": "2026-04-17", "close": 72.360001, "volume": 72, "typical_volume": 841.55, "trend": 64.81648, "fair_value": 50.927773, "relative_strength": -2.248942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.630934, "energy": 57.122739, "activity_lines": [ 70.260043, 69.01929, 67.600941, 66.625263 ] }, { "date": "2026-04-24", "close": 75.870003, "volume": 1238, "typical_volume": 872.15, "trend": 65.469009, "fair_value": 51.16537, "relative_strength": 5.908775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.696036, "energy": 72.784862, "activity_lines": [ 72.380598, 70.462895, 68.478729, 67.338394 ] }, { "date": "2026-05-01", "close": 77.230003, "volume": 846, "typical_volume": 883.5, "trend": 66.129524, "fair_value": 51.414435, "relative_strength": 6.876592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.110746, "energy": 82.478763, "activity_lines": [ 74.375335, 71.934756, 69.437847, 68.097167 ] }, { "date": "2026-05-08", "close": 81.449997, "volume": 1421, "typical_volume": 954.2, "trend": 66.882975, "fair_value": 51.685491, "relative_strength": 10.695255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.537639, "energy": 92.808984, "activity_lines": [ 77.251334, 73.979829, 70.74434, 69.085585 ] }, { "date": "2026-05-15", "close": 100.559998, "volume": 5014, "typical_volume": 1195.95, "trend": 68.275072, "fair_value": 52.06495, "relative_strength": 36.240937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.280557, "energy": 99.271236, "activity_lines": [ 85.626, 79.217098, 73.797055, 71.258296 ] }, { "date": "2026-05-22", "close": 103.419998, "volume": 2154, "typical_volume": 1302.9, "trend": 69.723001, "fair_value": 52.455518, "relative_strength": 36.205619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.034755, "energy": 99.191347, "activity_lines": [ 92.934665, 84.374011, 76.954552, 73.525711 ] }, { "date": "2026-05-29", "close": 101.940002, "volume": 1661, "typical_volume": 1377.35, "trend": 71.040621, "fair_value": 52.835663, "relative_strength": 29.757761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.512772, "energy": 95.574736, "activity_lines": [ 97.679333, 88.616345, 79.784864, 75.604227 ] }, { "date": "2026-06-05", "close": 108.41658, "volume": 427, "typical_volume": 1359.85, "trend": 72.636011, "fair_value": 53.261917, "relative_strength": 38.384266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.003889, "energy": 96.462173, "activity_lines": [ 102.84486, 93.404287, 83.046608, 78.015579 ] }, { "date": "2026-06-12", "close": 105.329781, "volume": 147, "typical_volume": 1340.0, "trend": 73.928699, "fair_value": 53.658234, "relative_strength": 29.853635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.797223, "energy": 89.937644, "activity_lines": [ 104.902348, 96.920673, 85.805196, 80.124855 ] }, { "date": "2026-06-19", "close": 103.039574, "volume": 301, "typical_volume": 1298.05, "trend": 75.183231, "fair_value": 54.048557, "relative_strength": 21.282958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.483219, "energy": 70.706119, "activity_lines": [ 104.604449, 99.348844, 88.144048, 82.002976 ] }, { "date": "2026-06-26", "close": 100.311226, "volume": 901, "typical_volume": 1246.1, "trend": 76.354389, "fair_value": 54.414898, "relative_strength": 19.834893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.803671, "energy": 67.335764, "activity_lines": [ 103.231795, 100.685141, 90.044835, 83.624137 ] }, { "date": "2026-07-03", "close": 98.260002, "volume": 0, "typical_volume": 1168.35, "trend": 77.438081, "fair_value": 54.768634, "relative_strength": 14.221556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.910663, "energy": 63.156445, "activity_lines": [ 101.382652, 101.140283, 91.608316, 85.037402 ] }, { "date": "2026-07-10", "close": 105.019997, "volume": 2848, "typical_volume": 1242.6, "trend": 78.746118, "fair_value": 55.177351, "relative_strength": 22.978026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.91243, "energy": 60.268466, "activity_lines": [ 102.032173, 102.417425, 93.651626, 86.81688 ] }, { "date": "2026-07-17", "close": 97.830002, "volume": 1732, "typical_volume": 1312.55, "trend": 79.808564, "fair_value": 55.524644, "relative_strength": 16.284086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.991304, "energy": 48.498227, "activity_lines": [ 100.511469, 101.882023, 94.827016, 88.048099 ] }, { "date": "2026-07-24", "close": 99.309998, "volume": 2132, "typical_volume": 1315.0, "trend": 80.940094, "fair_value": 55.882013, "relative_strength": 15.899319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.373375, "energy": 43.772316, "activity_lines": [ 99.984081, 101.317892, 95.99141, 89.306256 ] }, { "date": "2026-07-31", "close": 99.300003, "volume": 2342, "typical_volume": 1318.9, "trend": 82.106394, "fair_value": 56.235279, "relative_strength": 15.416813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.352498, "energy": 40.376954, "activity_lines": [ 99.702001, 100.774672, 97.003568, 90.490766 ] }, { "date": "2026-08-07", "close": 104.720001, "volume": 2495, "typical_volume": 1410.95, "trend": 83.496751, "fair_value": 56.617066, "relative_strength": 17.631983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.397881, "energy": 44.453401, "activity_lines": [ 101.294001, 101.291814, 98.382478, 91.949708 ] } ], "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." } } }