{ "ticker": { "uuid": "fbc06d01-7f2f-4b02-8f81-e0850377711c", "symbol": "GOTL-B", "name": "Rederiaktiebolaget Gotland (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 45.778, "architecture_energy": 23.275, "architecture_maturity": 23.033, "architecture_confidence": 54.848, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 35.8, "rotation_up": 41.48, "upward_expansion": 72.78, "deceleration": 62.9, "rotation_down": 20.94, "downward_expansion": 1.78 }, "activity_lines": [ 270.466667, 270.027273, 268.502381, 264.42043 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 270.0, "trend_reference": 260.066667, "distance_from_trend": 0.038195, "trend_direction": "Improving", "fair_value": 227.669411, "distance_from_fair_value": 0.18593, "fair_value_direction": "Weakening", "relative_strength": -8.913841, "relative_strength_direction": "Weakening", "price_momentum": 0.08, "excess_performance": 0.018506, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.038195, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.00257, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.18593, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.02712, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.089138, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.021461, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.08, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.993494, "read": "Supply-led" } ], "volume": { "latest": 512, "relative_activity": 0.327366, "balance": 0.993494, "dry_up": 0.425831, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.068661, "annualized_volatility": 0.284041, "from_high_reference": -0.10596, "from_low_reference": 0.184211 }, "levels": { "trend_reference": 260.066667, "fair_value_reference": 227.669411, "structural_low": 228.0, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.003846, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.003108, "regime_survival": 0.785714, "best_return": 0.174111, "worst_return": -0.052239, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.018692, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.019009, "regime_survival": 0.6, "best_return": 0.156587, "worst_return": -0.066667, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.009346, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.007292, "regime_survival": 0.333333, "best_return": 0.182873, "worst_return": -0.022222, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.134679, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.021646, "regime_survival": 0.5, "best_return": 0.261895, "worst_return": 0.007463, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-10-25", "tenure": "New", "return": -0.026786, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-12-27", "tenure": "Developing", "return": -0.055046, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.009346, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.055556, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.028571, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.017857, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.035398, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-07-18", "tenure": "Developing", "return": 0.112777, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": -0.007576, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-12-12", "tenure": "Established", "return": 0.030769, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-02-06", "tenure": "Developing", "return": -0.045802, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.047244, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-06-19", "tenure": "Developing", "return": 0.007407, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.032505, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 187.720871, "volume": 9940, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 182.780838, "volume": 5910, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 183.768845, "volume": 13110, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 183.768845, "volume": 2600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 182.780838, "volume": 1460, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 191.672882, "volume": 740, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 181.792831, "volume": 470, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 183.768845, "volume": 2520, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 182.780838, "volume": 2860, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 179.816833, "volume": 190, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 176.852814, "volume": 1340, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 175.864822, "volume": 2750, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 180.80484, "volume": 1240, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 179.816833, "volume": 3770, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 182.780838, "volume": 6210, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 183.768845, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 179.816833, "volume": 1970, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 182.780838, "volume": 2090, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 183.768845, "volume": 3250, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 190.684891, "volume": 160, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 185.744858, "volume": 4540, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 183.768845, "volume": 7540, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 179.816833, "volume": 2700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 179.816833, "volume": 4470, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 178.828827, "volume": 2030, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 183.768845, "volume": 2730, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 180.80484, "volume": 5660, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 182.780838, "volume": 3020, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 184.756851, "volume": 1510, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 184.756851, "volume": 1760, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 209.45697, "volume": 2560, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 217.361008, "volume": 9910, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 217.361008, "volume": 1620, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 199.57692, "volume": 1330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 203.528946, "volume": 700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 197.600906, "volume": 1510, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 196.6129, "volume": 4120, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 199.57692, "volume": 1590, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 201.552933, "volume": 780, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 213.408981, "volume": 4590, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 207.480957, "volume": 2960, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 207.480957, "volume": 2810, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 211.432968, "volume": 1330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 212.379028, "volume": 2590, "typical_volume": 2755.5, "trend": 194.108564, "fair_value": 192.780309, "relative_strength": 1.717843, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.562243, "energy": 40.46954, "activity_lines": [ 210.562719, 207.527219, 204.44708, 199.805811 ] }, { "date": "2024-06-21", "close": 210.39418, "volume": 580, "typical_volume": 2683.0, "trend": 195.029009, "fair_value": 192.997765, "relative_strength": 0.238962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.394932, "energy": 41.067289, "activity_lines": [ 210.548586, 208.488788, 205.4822, 200.856496 ] }, { "date": "2024-06-28", "close": 228.257843, "volume": 4470, "typical_volume": 2770.0, "trend": 196.511975, "fair_value": 193.427766, "relative_strength": 8.782432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.243825, "energy": 65.162671, "activity_lines": [ 216.689994, 212.573473, 208.06831, 203.000291 ] }, { "date": "2024-07-05", "close": 212.379028, "volume": 1160, "typical_volume": 2545.0, "trend": 197.597382, "fair_value": 193.656094, "relative_strength": 1.812269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.363785, "energy": 52.736928, "activity_lines": [ 216.153338, 213.213703, 208.930299, 204.023972 ] }, { "date": "2024-07-12", "close": 216.34874, "volume": 3170, "typical_volume": 2552.5, "trend": 198.716312, "fair_value": 193.926245, "relative_strength": 0.824542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.118109, "energy": 46.117845, "activity_lines": [ 216.613382, 214.289041, 210.020003, 205.233737 ] }, { "date": "2024-07-19", "close": 216.34874, "volume": 560, "typical_volume": 2505.0, "trend": 199.802308, "fair_value": 194.190039, "relative_strength": 3.23383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.607029, "energy": 41.59889, "activity_lines": [ 216.745707, 215.059437, 210.94986, 206.371313 ] }, { "date": "2024-07-26", "close": 216.34874, "volume": 2670, "typical_volume": 2550.5, "trend": 200.65777, "fair_value": 194.447698, "relative_strength": 2.936581, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.582285, "energy": 29.862865, "activity_lines": [ 216.613385, 215.560819, 211.729279, 207.438825 ] }, { "date": "2024-08-02", "close": 216.34874, "volume": 810, "typical_volume": 2463.0, "trend": 201.677899, "fair_value": 194.699434, "relative_strength": 7.563856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.235468, "energy": 28.514062, "activity_lines": [ 216.084093, 216.00875, 212.35826, 208.451146 ] }, { "date": "2024-08-09", "close": 216.34874, "volume": 830, "typical_volume": 2009.0, "trend": 202.763896, "fair_value": 194.945449, "relative_strength": 7.951809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.551788, "energy": 26.307574, "activity_lines": [ 216.34874, 216.295449, 212.954424, 209.397652 ] }, { "date": "2024-08-16", "close": 222.303284, "volume": 8000, "typical_volume": 2328.0, "trend": 204.180111, "fair_value": 195.25284, "relative_strength": 7.653747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.420268, "energy": 31.74985, "activity_lines": [ 218.333588, 217.503559, 214.122507, 210.658257 ] }, { "date": "2024-08-23", "close": 228.257843, "volume": 1640, "typical_volume": 2343.5, "trend": 205.794811, "fair_value": 195.619563, "relative_strength": 9.300526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.233311, "energy": 39.852583, "activity_lines": [ 221.906319, 219.596675, 215.834157, 212.211659 ] }, { "date": "2024-08-30", "close": 228.257843, "volume": 460, "typical_volume": 2331.5, "trend": 207.442445, "fair_value": 195.978225, "relative_strength": 7.657542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.074458, "energy": 52.89096, "activity_lines": [ 224.685111, 221.401085, 217.409231, 213.660887 ] }, { "date": "2024-09-06", "close": 218.333588, "volume": 2460, "typical_volume": 2379.0, "trend": 208.594603, "fair_value": 196.221218, "relative_strength": 7.658436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.126244, "energy": 41.281073, "activity_lines": [ 223.361877, 221.076291, 217.921381, 214.363542 ] }, { "date": "2024-09-13", "close": 216.34874, "volume": 1030, "typical_volume": 2224.5, "trend": 209.7794, "fair_value": 196.437643, "relative_strength": 4.7534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.991327, "energy": 30.344524, "activity_lines": [ 221.244703, 220.571057, 218.14577, 214.863808 ] }, { "date": "2024-09-20", "close": 218.333588, "volume": 5190, "typical_volume": 2404.5, "trend": 210.964491, "fair_value": 196.670579, "relative_strength": 3.595867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.643101, "energy": 18.968671, "activity_lines": [ 219.789146, 220.354528, 218.465213, 215.415692 ] }, { "date": "2024-09-27", "close": 224.288132, "volume": 780, "typical_volume": 2404.5, "trend": 212.282201, "fair_value": 196.96129, "relative_strength": 3.974379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.636405, "energy": 18.23047, "activity_lines": [ 220.583083, 221.184554, 219.262438, 216.275281 ] }, { "date": "2024-10-04", "close": 224.288132, "volume": 2040, "typical_volume": 2277.0, "trend": 213.59991, "fair_value": 197.245944, "relative_strength": 5.377502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.383642, "energy": 21.153701, "activity_lines": [ 221.641668, 221.870229, 219.9514, 217.049857 ] }, { "date": "2024-10-11", "close": 226.27298, "volume": 990, "typical_volume": 2178.5, "trend": 214.160444, "fair_value": 197.545192, "relative_strength": 6.830319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.710024, "energy": 30.371794, "activity_lines": [ 223.626516, 222.772432, 220.777589, 217.867475 ] }, { "date": "2024-10-18", "close": 222.303284, "volume": 760, "typical_volume": 2076.0, "trend": 214.325186, "fair_value": 197.797826, "relative_strength": 4.751497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.588043, "energy": 30.686789, "activity_lines": [ 223.758839, 222.772431, 221.136226, 218.392819 ] }, { "date": "2024-10-25", "close": 216.34874, "volume": 1440, "typical_volume": 2081.5, "trend": 214.291444, "fair_value": 197.985209, "relative_strength": 2.092913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.622886, "energy": 15.861074, "activity_lines": [ 221.509345, 221.581522, 220.857182, 218.523371 ] }, { "date": "2024-11-01", "close": 216.34874, "volume": 1520, "typical_volume": 2028.0, "trend": 214.850505, "fair_value": 198.168844, "relative_strength": 3.446109, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.678595, "energy": 7.48218, "activity_lines": [ 219.392174, 220.498877, 220.554729, 218.6561 ] }, { "date": "2024-11-08", "close": 216.34874, "volume": 1680, "typical_volume": 2083.0, "trend": 215.277831, "fair_value": 198.348843, "relative_strength": 3.406995, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.827667, "energy": 10.763197, "activity_lines": [ 217.804295, 219.632761, 220.233372, 218.75276 ] }, { "date": "2024-11-15", "close": 222.303284, "volume": 4150, "typical_volume": 2067.0, "trend": 216.101244, "fair_value": 198.58369, "relative_strength": 8.14407, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.485315, "energy": 12.280757, "activity_lines": [ 218.730558, 220.065819, 220.45076, 219.206015 ] }, { "date": "2024-11-22", "close": 220.318436, "volume": 1570, "typical_volume": 2087.5, "trend": 216.891428, "fair_value": 198.794707, "relative_strength": 6.861622, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.842628, "energy": 7.827558, "activity_lines": [ 219.25985, 220.065819, 220.50747, 219.478092 ] }, { "date": "2024-11-29", "close": 214.363876, "volume": 1000, "typical_volume": 1979.0, "trend": 217.384327, "fair_value": 198.944411, "relative_strength": 3.895956, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.849626, "energy": 4.831455, "activity_lines": [ 217.936613, 218.910995, 219.959272, 219.315024 ] }, { "date": "2024-12-06", "close": 214.363876, "volume": 2890, "typical_volume": 2095.5, "trend": 217.811358, "fair_value": 199.091263, "relative_strength": -0.194448, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.723535, "energy": 9.166526, "activity_lines": [ 216.7457, 217.828348, 219.420526, 219.120157 ] }, { "date": "2024-12-13", "close": 210.39418, "volume": 2710, "typical_volume": 2097.5, "trend": 217.710865, "fair_value": 199.197894, "relative_strength": 0.043401, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.427027, "energy": 27.643086, "activity_lines": [ 214.363879, 216.20438, 218.513166, 218.641629 ] }, { "date": "2024-12-20", "close": 204.439636, "volume": 1710, "typical_volume": 2142.5, "trend": 217.609488, "fair_value": 199.246883, "relative_strength": 0.296682, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.650751, "energy": 46.731548, "activity_lines": [ 210.394181, 213.750384, 217.067061, 217.785421 ] }, { "date": "2024-12-27", "close": 204.439636, "volume": 1090, "typical_volume": 2155.5, "trend": 217.50811, "fair_value": 199.294964, "relative_strength": -0.389345, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.042716, "energy": 61.955971, "activity_lines": [ 207.615393, 211.693358, 215.677666, 216.935753 ] }, { "date": "2025-01-03", "close": 212.379028, "volume": 1170, "typical_volume": 1814.0, "trend": 217.539646, "fair_value": 199.415001, "relative_strength": 2.481978, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.454048, "energy": 53.01314, "activity_lines": [ 208.541655, 211.404651, 215.101113, 216.604844 ] }, { "date": "2025-01-10", "close": 212.379028, "volume": 1530, "typical_volume": 1808.5, "trend": 217.539646, "fair_value": 199.532856, "relative_strength": 1.836114, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.007011, "energy": 41.926707, "activity_lines": [ 209.600241, 211.188121, 214.571819, 216.271901 ] }, { "date": "2025-01-17", "close": 218.333588, "volume": 1540, "typical_volume": 1862.5, "trend": 217.804292, "fair_value": 199.702232, "relative_strength": 0.823125, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.079347, "energy": 16.238796, "activity_lines": [ 212.776003, 212.126415, 214.68524, 216.323123 ] }, { "date": "2025-01-24", "close": 210.39418, "volume": 5800, "typical_volume": 2029.5, "trend": 217.208837, "fair_value": 199.797695, "relative_strength": -4.812239, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.503254, "energy": 17.113133, "activity_lines": [ 212.776002, 211.585092, 214.089784, 215.845052 ] }, { "date": "2025-01-31", "close": 214.363876, "volume": 1000, "typical_volume": 2028.0, "trend": 217.274999, "fair_value": 199.9266, "relative_strength": -3.152468, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.053741, "energy": 15.260223, "activity_lines": [ 213.702263, 211.982061, 213.910202, 215.661506 ] }, { "date": "2025-02-07", "close": 214.363876, "volume": 870, "typical_volume": 1812.0, "trend": 217.208836, "fair_value": 200.053242, "relative_strength": -2.093331, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.808888, "energy": 14.246987, "activity_lines": [ 213.966909, 212.487294, 213.740071, 215.473691 ] }, { "date": "2025-02-14", "close": 212.379028, "volume": 480, "typical_volume": 1797.0, "trend": 217.076513, "fair_value": 200.160423, "relative_strength": -5.825006, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.101747, "energy": 13.553774, "activity_lines": [ 213.437615, 212.631647, 213.399811, 215.162091 ] }, { "date": "2025-02-21", "close": 212.379028, "volume": 1150, "typical_volume": 1752.5, "trend": 216.944189, "fair_value": 200.265756, "relative_strength": -6.139569, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.451393, "energy": 13.265357, "activity_lines": [ 212.908321, 212.812087, 213.116261, 214.859027 ] }, { "date": "2025-02-28", "close": 212.379028, "volume": 810, "typical_volume": 1743.5, "trend": 216.811865, "fair_value": 200.369288, "relative_strength": -6.21741, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.440307, "energy": 15.3938, "activity_lines": [ 212.775998, 212.956439, 212.88942, 214.564501 ] }, { "date": "2025-03-07", "close": 208.409332, "volume": 1330, "typical_volume": 1772.0, "trend": 216.547218, "fair_value": 200.437424, "relative_strength": -8.166934, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.321555, "energy": 26.529947, "activity_lines": [ 211.188119, 212.234676, 212.350675, 214.022402 ] }, { "date": "2025-03-14", "close": 206.424484, "volume": 1050, "typical_volume": 1752.5, "trend": 216.017925, "fair_value": 200.487736, "relative_strength": -7.331057, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.444904, "energy": 37.049019, "activity_lines": [ 209.335594, 211.079855, 211.689059, 213.369322 ] }, { "date": "2025-03-21", "close": 214.363876, "volume": 1230, "typical_volume": 1738.0, "trend": 215.554793, "fair_value": 200.60337, "relative_strength": -1.729904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.590817, "energy": 25.741341, "activity_lines": [ 210.658826, 211.476825, 211.830833, 213.262609 ] }, { "date": "2025-03-28", "close": 210.39418, "volume": 3740, "typical_volume": 1841.0, "trend": 214.959337, "fair_value": 200.684286, "relative_strength": -0.178763, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.224844, "energy": 24.799779, "activity_lines": [ 210.526503, 211.115943, 211.603993, 212.929667 ] }, { "date": "2025-04-04", "close": 202.454773, "volume": 1880, "typical_volume": 1727.5, "trend": 214.430044, "fair_value": 200.698798, "relative_strength": 6.562902, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.987788, "energy": 35.421459, "activity_lines": [ 207.880034, 209.455885, 210.649374, 212.122921 ] }, { "date": "2025-04-11", "close": 208.409332, "volume": 2030, "typical_volume": 1750.5, "trend": 214.165397, "fair_value": 200.761485, "relative_strength": 9.898838, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.204741, "energy": 23.60722, "activity_lines": [ 207.880035, 209.022828, 210.356373, 211.734488 ] }, { "date": "2025-04-18", "close": 214.363876, "volume": 1620, "typical_volume": 1781.5, "trend": 214.033073, "fair_value": 200.871182, "relative_strength": 8.993939, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.660169, "energy": 14.252282, "activity_lines": [ 209.864884, 209.780679, 210.687181, 211.747293 ] }, { "date": "2025-04-25", "close": 222.303284, "volume": 1480, "typical_volume": 1711.0, "trend": 213.966911, "fair_value": 201.042639, "relative_strength": 9.335084, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.583468, "energy": 5.305569, "activity_lines": [ 213.96691, 211.982059, 211.774123, 212.280855 ] }, { "date": "2025-05-02", "close": 226.27298, "volume": 210, "typical_volume": 1586.0, "trend": 214.033073, "fair_value": 201.24288, "relative_strength": 9.345799, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.192429, "energy": 38.570178, "activity_lines": [ 218.862873, 214.724761, 213.201324, 213.074795 ] }, { "date": "2025-05-09", "close": 224.288132, "volume": 1370, "typical_volume": 1569.0, "trend": 213.966911, "fair_value": 201.424338, "relative_strength": 8.617179, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.284455, "energy": 50.493286, "activity_lines": [ 222.038634, 216.853965, 214.36388, 213.736411 ] }, { "date": "2025-05-16", "close": 232.227539, "volume": 600, "typical_volume": 1544.5, "trend": 214.29772, "fair_value": 201.664988, "relative_strength": 8.030911, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.308831, "energy": 73.569183, "activity_lines": [ 226.405307, 220.210167, 216.188052, 214.914516 ] }, { "date": "2025-05-23", "close": 228.257843, "volume": 2360, "typical_volume": 1604.0, "trend": 214.69469, "fair_value": 201.871135, "relative_strength": 8.624117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.630461, "energy": 70.415926, "activity_lines": [ 227.860867, 222.411548, 217.501835, 215.815169 ] }, { "date": "2025-05-30", "close": 236.197235, "volume": 980, "typical_volume": 1576.5, "trend": 215.356306, "fair_value": 202.135181, "relative_strength": 11.282588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.511133, "energy": 74.386097, "activity_lines": [ 231.036627, 225.659485, 219.496137, 217.20243 ] }, { "date": "2025-06-06", "close": 258.030609, "volume": 5040, "typical_volume": 1751.5, "trend": 216.745702, "fair_value": 202.561864, "relative_strength": 19.752403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.777556, "energy": 83.811179, "activity_lines": [ 240.563915, 232.480157, 223.456388, 219.955611 ] }, { "date": "2025-06-13", "close": 268.0, "volume": 1880, "typical_volume": 1555.5, "trend": 218.268926, "fair_value": 203.057608, "relative_strength": 26.766203, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.873945, "energy": 91.805304, "activity_lines": [ 251.297158, 240.247327, 228.177071, 223.26234 ] }, { "date": "2025-06-20", "close": 268.0, "volume": 1980, "typical_volume": 1604.5, "trend": 219.858311, "fair_value": 203.545896, "relative_strength": 26.625445, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.858641, "energy": 92.229506, "activity_lines": [ 259.116276, 246.822767, 232.623441, 226.470797 ] }, { "date": "2025-06-27", "close": 258.0, "volume": 3210, "typical_volume": 1721.5, "trend": 221.312849, "fair_value": 203.95227, "relative_strength": 18.657092, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.337855, "energy": 84.666653, "activity_lines": [ 261.21723, 250.496558, 235.86202, 228.931551 ] }, { "date": "2025-07-04", "close": 258.0, "volume": 3060, "typical_volume": 1850.5, "trend": 222.767386, "fair_value": 204.352624, "relative_strength": 17.844439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.266615, "energy": 77.031445, "activity_lines": [ 261.335374, 253.376965, 238.892808, 231.298464 ] }, { "date": "2025-07-11", "close": 258.0, "volume": 2410, "typical_volume": 1913.5, "trend": 224.354247, "fair_value": 204.74709, "relative_strength": 15.84953, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.817692, "energy": 54.852699, "activity_lines": [ 260.0, 255.60834, 241.706353, 233.571535 ] }, { "date": "2025-07-18", "close": 254.0, "volume": 1010, "typical_volume": 1923.5, "trend": 226.006259, "fair_value": 205.1066, "relative_strength": 13.590708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.880631, "energy": 44.108069, "activity_lines": [ 257.333333, 256.535588, 243.921703, 235.484165 ] }, { "date": "2025-07-25", "close": 264.0, "volume": 3350, "typical_volume": 2024.5, "trend": 227.991604, "fair_value": 205.533364, "relative_strength": 14.924216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.159194, "energy": 44.239049, "activity_lines": [ 258.933333, 258.740803, 246.891239, 237.935374 ] }, { "date": "2025-08-01", "close": 260.0, "volume": 2480, "typical_volume": 2096.0, "trend": 229.57897, "fair_value": 205.92521, "relative_strength": 16.0541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.329748, "energy": 36.32155, "activity_lines": [ 259.466667, 259.641063, 249.215105, 240.000432 ] }, { "date": "2025-08-08", "close": 262.0, "volume": 1610, "typical_volume": 2115.0, "trend": 231.233003, "fair_value": 206.325744, "relative_strength": 13.516804, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.649621, "energy": 39.538634, "activity_lines": [ 260.533333, 260.327829, 251.474326, 242.092111 ] }, { "date": "2025-08-15", "close": 260.0, "volume": 1080, "typical_volume": 1982.0, "trend": 232.621883, "fair_value": 206.706413, "relative_strength": 10.78409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.1116, "energy": 38.550088, "activity_lines": [ 260.666667, 260.181818, 253.316232, 243.948046 ] }, { "date": "2025-08-22", "close": 264.0, "volume": 3560, "typical_volume": 2066.0, "trend": 234.408744, "fair_value": 207.109889, "relative_strength": 10.239433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.889355, "energy": 37.593557, "activity_lines": [ 262.0, 260.727273, 255.302871, 245.972441 ] }, { "date": "2025-08-29", "close": 268.0, "volume": 2650, "typical_volume": 2097.0, "trend": 236.196615, "fair_value": 207.535694, "relative_strength": 14.2736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.185223, "energy": 39.823768, "activity_lines": [ 264.0, 262.072727, 257.377391, 248.139619 ] }, { "date": "2025-09-05", "close": 260.0, "volume": 720, "typical_volume": 2052.0, "trend": 237.717819, "fair_value": 207.900029, "relative_strength": 10.560916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.549243, "energy": 36.23319, "activity_lines": [ 263.066667, 261.963636, 258.406241, 249.675321 ] }, { "date": "2025-09-12", "close": 260.0, "volume": 5230, "typical_volume": 2239.5, "trend": 239.305184, "fair_value": 208.259339, "relative_strength": 9.890307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.321955, "energy": 32.543053, "activity_lines": [ 262.133333, 261.818182, 259.217776, 251.112881 ] }, { "date": "2025-09-19", "close": 268.0, "volume": 760, "typical_volume": 2267.0, "trend": 241.159217, "fair_value": 208.668522, "relative_strength": 12.397689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.510742, "energy": 35.892077, "activity_lines": [ 264.0, 263.090909, 260.611708, 252.96416 ] }, { "date": "2025-09-26", "close": 266.0, "volume": 5750, "typical_volume": 2486.0, "trend": 242.946583, "fair_value": 209.058532, "relative_strength": 11.263361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.294246, "energy": 33.942816, "activity_lines": [ 264.666667, 263.818182, 261.616464, 254.566791 ] }, { "date": "2025-10-03", "close": 266.0, "volume": 2140, "typical_volume": 2563.0, "trend": 244.866271, "fair_value": 209.443272, "relative_strength": 7.56497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.794093, "energy": 34.960261, "activity_lines": [ 265.2, 264.327273, 262.422591, 256.054108 ] }, { "date": "2025-10-10", "close": 262.0, "volume": 370, "typical_volume": 2463.5, "trend": 246.718789, "fair_value": 209.796001, "relative_strength": 6.575874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.056991, "energy": 33.019854, "activity_lines": [ 264.533333, 264.072727, 262.686945, 257.15951 ] }, { "date": "2025-10-17", "close": 270.0, "volume": 15090, "typical_volume": 3169.0, "trend": 248.573326, "fair_value": 210.197361, "relative_strength": 9.746669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.830419, "energy": 33.100236, "activity_lines": [ 266.4, 265.236364, 263.552527, 258.661523 ] }, { "date": "2025-10-24", "close": 278.0, "volume": 2330, "typical_volume": 3033.5, "trend": 250.826853, "fair_value": 210.646385, "relative_strength": 9.156541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.267839, "energy": 41.566617, "activity_lines": [ 270.266667, 267.709091, 265.019048, 260.560019 ] }, { "date": "2025-10-31", "close": 274.0, "volume": 2340, "typical_volume": 3056.5, "trend": 253.211694, "fair_value": 211.063186, "relative_strength": 8.028773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.899622, "energy": 40.340437, "activity_lines": [ 272.133333, 269.127273, 266.009524, 262.05506 ] }, { "date": "2025-11-07", "close": 272.0, "volume": 6730, "typical_volume": 3294.0, "trend": 255.331383, "fair_value": 211.461465, "relative_strength": 8.232873, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.768301, "energy": 43.416521, "activity_lines": [ 272.8, 270.0, 266.780952, 263.267209 ] }, { "date": "2025-11-14", "close": 274.0, "volume": 420, "typical_volume": 3154.5, "trend": 257.319254, "fair_value": 211.86756, "relative_strength": 7.835406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.155303, "energy": 45.156307, "activity_lines": [ 273.733333, 271.163636, 267.72381, 264.471636 ] }, { "date": "2025-11-21", "close": 270.0, "volume": 2660, "typical_volume": 3134.5, "trend": 258.909145, "fair_value": 212.242608, "relative_strength": 8.2554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.527008, "energy": 30.47932, "activity_lines": [ 272.533333, 271.345455, 268.209524, 265.289749 ] }, { "date": "2025-11-28", "close": 272.0, "volume": 720, "typical_volume": 3050.0, "trend": 260.433379, "fair_value": 212.625668, "relative_strength": 5.328758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.06468, "energy": 25.870779, "activity_lines": [ 272.0, 271.709091, 268.828571, 266.13432 ] }, { "date": "2025-12-05", "close": 272.0, "volume": 1060, "typical_volume": 3052.5, "trend": 262.023774, "fair_value": 213.045084, "relative_strength": 3.575093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.459181, "energy": 20.112151, "activity_lines": [ 271.866667, 272.0, 269.380952, 266.880553 ] }, { "date": "2025-12-12", "close": 268.0, "volume": 1070, "typical_volume": 2938.5, "trend": 263.21619, "fair_value": 213.534703, "relative_strength": 1.986809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.372321, "energy": 15.125056, "activity_lines": [ 270.533333, 271.454545, 269.466667, 267.266116 ] }, { "date": "2025-12-19", "close": 262.0, "volume": 1380, "typical_volume": 2883.5, "trend": 264.340928, "fair_value": 213.974512, "relative_strength": -1.203205, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.783942, "energy": 10.081807, "activity_lines": [ 267.466667, 269.781818, 268.961905, 267.187653 ] }, { "date": "2025-12-26", "close": 258.0, "volume": 190, "typical_volume": 2812.5, "trend": 265.067687, "fair_value": 214.379851, "relative_strength": -3.147354, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.725383, "energy": 16.328438, "activity_lines": [ 263.866667, 267.381818, 268.066667, 266.77856 ] }, { "date": "2026-01-02", "close": 262.0, "volume": 5410, "typical_volume": 3029.0, "trend": 265.2, "fair_value": 214.678414, "relative_strength": -2.868792, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.090798, "energy": 17.787417, "activity_lines": [ 262.4, 265.927273, 267.571429, 266.580645 ] }, { "date": "2026-01-09", "close": 268.0, "volume": 550, "typical_volume": 2878.5, "trend": 265.2, "fair_value": 215.024896, "relative_strength": -3.88178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.099613, "energy": 13.811482, "activity_lines": [ 263.6, 265.854545, 267.638095, 266.76129 ] }, { "date": "2026-01-16", "close": 264.0, "volume": 1780, "typical_volume": 2835.0, "trend": 265.066667, "fair_value": 215.399336, "relative_strength": -7.391173, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.906185, "energy": 18.389057, "activity_lines": [ 263.733333, 265.163636, 267.304762, 266.683871 ] }, { "date": "2026-01-23", "close": 260.0, "volume": 690, "typical_volume": 2833.5, "trend": 265.133333, "fair_value": 215.685078, "relative_strength": -8.164395, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.796474, "energy": 16.141561, "activity_lines": [ 262.8, 263.890909, 266.609524, 266.356989 ] }, { "date": "2026-01-30", "close": 248.0, "volume": 1520, "typical_volume": 2648.0, "trend": 264.8, "fair_value": 215.900203, "relative_strength": -12.807311, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.873895, "energy": 40.238016, "activity_lines": [ 258.0, 260.690909, 264.771429, 265.251613 ] }, { "date": "2026-02-06", "close": 250.0, "volume": 1400, "typical_volume": 2680.0, "trend": 264.533333, "fair_value": 216.153371, "relative_strength": -14.729518, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.652846, "energy": 61.290066, "activity_lines": [ 254.533333, 258.254545, 263.180952, 264.296774 ] }, { "date": "2026-02-13", "close": 254.0, "volume": 1500, "typical_volume": 2467.5, "trend": 264.533333, "fair_value": 216.432179, "relative_strength": -13.403627, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.006013, "energy": 57.415609, "activity_lines": [ 253.2, 256.945455, 262.057143, 263.617204 ] }, { "date": "2026-02-20", "close": 252.0, "volume": 900, "typical_volume": 2405.5, "trend": 264.133333, "fair_value": 216.72339, "relative_strength": -15.747169, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.746207, "energy": 60.150355, "activity_lines": [ 252.133333, 255.6, 260.8, 262.808602 ] }, { "date": "2026-02-27", "close": 248.0, "volume": 1780, "typical_volume": 2476.0, "trend": 263.733333, "fair_value": 216.98896, "relative_strength": -18.155943, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.594446, "energy": 53.311372, "activity_lines": [ 250.533333, 253.818182, 259.228571, 261.767742 ] }, { "date": "2026-03-06", "close": 248.0, "volume": 1020, "typical_volume": 1772.5, "trend": 263.266667, "fair_value": 217.279752, "relative_strength": -13.28768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.34867, "energy": 42.465261, "activity_lines": [ 249.733333, 252.290909, 257.72381, 260.752688 ] }, { "date": "2026-03-13", "close": 240.0, "volume": 2760, "typical_volume": 1794.0, "trend": 262.6, "fair_value": 217.544484, "relative_strength": -15.577562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.802851, "energy": 51.130707, "activity_lines": [ 246.266667, 249.490909, 255.561905, 259.251613 ] }, { "date": "2026-03-20", "close": 236.0, "volume": 310, "typical_volume": 1692.5, "trend": 261.666667, "fair_value": 217.802492, "relative_strength": -12.536269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.443697, "energy": 65.809525, "activity_lines": [ 242.133333, 246.363636, 253.2, 257.535484 ] }, { "date": "2026-03-27", "close": 232.0, "volume": 880, "typical_volume": 1400.0, "trend": 260.466667, "fair_value": 218.110526, "relative_strength": -13.965066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.408786, "energy": 72.507729, "activity_lines": [ 237.866667, 243.090909, 250.638095, 255.621505 ] }, { "date": "2026-04-03", "close": 232.0, "volume": 510, "typical_volume": 1404.5, "trend": 259.533333, "fair_value": 218.349199, "relative_strength": -16.742499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.935173, "energy": 73.833967, "activity_lines": [ 234.933333, 240.4, 248.266667, 253.784946 ] }, { "date": "2026-04-10", "close": 276.0, "volume": 3450, "typical_volume": 1444.0, "trend": 260.066667, "fair_value": 218.888839, "relative_strength": -5.491958, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.114813, "energy": 16.216254, "activity_lines": [ 247.733333, 246.218182, 250.285714, 254.847312 ] }, { "date": "2026-04-17", "close": 270.0, "volume": 5260, "typical_volume": 1671.0, "trend": 260.133333, "fair_value": 219.421546, "relative_strength": -9.531039, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.881347, "energy": 13.416511, "activity_lines": [ 256.666667, 250.436364, 251.704762, 255.488172 ] }, { "date": "2026-04-24", "close": 266.0, "volume": 250, "typical_volume": 1630.5, "trend": 260.133333, "fair_value": 219.916001, "relative_strength": -8.432571, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 16.10193, "energy": 25.223503, "activity_lines": [ 262.266667, 253.563636, 252.752381, 255.866667 ] }, { "date": "2026-05-01", "close": 270.0, "volume": 1180, "typical_volume": 1636.0, "trend": 260.266667, "fair_value": 220.410875, "relative_strength": -5.752024, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.531373, "energy": 35.385383, "activity_lines": [ 267.2, 257.2, 254.209524, 256.503226 ] }, { "date": "2026-05-08", "close": 268.0, "volume": 1300, "typical_volume": 1632.0, "trend": 260.466667, "fair_value": 220.930761, "relative_strength": -6.767761, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.595782, "energy": 39.919252, "activity_lines": [ 268.933333, 260.145455, 255.466667, 257.002151 ] }, { "date": "2026-05-15", "close": 256.0, "volume": 3360, "typical_volume": 1790.5, "trend": 260.0, "fair_value": 221.373725, "relative_strength": -9.720348, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.166001, "energy": 25.089379, "activity_lines": [ 264.266667, 260.545455, 255.552381, 256.713978 ] }, { "date": "2026-05-22", "close": 264.0, "volume": 600, "typical_volume": 1550.0, "trend": 259.533333, "fair_value": 221.899498, "relative_strength": -9.994146, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.253556, "energy": 15.591702, "activity_lines": [ 263.6, 262.254545, 256.409524, 256.972043 ] }, { "date": "2026-05-29", "close": 270.0, "volume": 3120, "typical_volume": 1678.5, "trend": 259.4, "fair_value": 222.458595, "relative_strength": -7.548926, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.069234, "energy": 19.051828, "activity_lines": [ 265.333333, 264.618182, 257.828571, 257.647312 ] }, { "date": "2026-06-05", "close": 270.0, "volume": 810, "typical_volume": 1630.0, "trend": 259.333333, "fair_value": 223.036692, "relative_strength": -6.602592, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.832909, "energy": 17.90273, "activity_lines": [ 266.8, 266.363636, 259.238095, 258.331183 ] }, { "date": "2026-06-12", "close": 270.0, "volume": 4910, "typical_volume": 1841.0, "trend": 259.2, "fair_value": 223.59579, "relative_strength": -6.084639, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.729616, "energy": 25.669241, "activity_lines": [ 268.266667, 267.418182, 260.619048, 259.019355 ] }, { "date": "2026-06-19", "close": 272.0, "volume": 1013, "typical_volume": 1815.65, "trend": 259.266667, "fair_value": 224.199374, "relative_strength": -6.861274, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.482782, "energy": 39.663984, "activity_lines": [ 270.266667, 268.145455, 262.142857, 259.845161 ] }, { "date": "2026-06-26", "close": 261.5, "volume": 317, "typical_volume": 1761.5, "trend": 258.916667, "fair_value": 224.646984, "relative_strength": -9.364417, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.685421, "energy": 26.309656, "activity_lines": [ 267.7, 267.036364, 262.552381, 259.989247 ] }, { "date": "2026-07-03", "close": 271.5, "volume": 138, "typical_volume": 1693.4, "trend": 258.9, "fair_value": 225.139696, "relative_strength": -8.239732, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.980105, "energy": 26.899985, "activity_lines": [ 268.633333, 267.9, 263.859524, 260.801075 ] }, { "date": "2026-07-10", "close": 269.0, "volume": 1518, "typical_volume": 1724.3, "trend": 258.933333, "fair_value": 225.660716, "relative_strength": -6.774433, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.496661, "energy": 25.182901, "activity_lines": [ 268.633333, 268.209091, 264.845238, 261.452688 ] }, { "date": "2026-07-17", "close": 274.0, "volume": 626, "typical_volume": 1666.6, "trend": 259.333333, "fair_value": 226.182121, "relative_strength": -3.85306, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.483924, "energy": 27.344879, "activity_lines": [ 270.366667, 269.445455, 266.22619, 262.424731 ] }, { "date": "2026-07-24", "close": 270.0, "volume": 338, "typical_volume": 1632.5, "trend": 259.733333, "fair_value": 226.684218, "relative_strength": -6.480797, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.293269, "energy": 27.549862, "activity_lines": [ 270.5, 269.845455, 267.102381, 263.112903 ] }, { "date": "2026-07-31", "close": 270.0, "volume": 1188, "typical_volume": 1553.9, "trend": 260.0, "fair_value": 227.192648, "relative_strength": -7.459236, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.466553, "energy": 24.104708, "activity_lines": [ 270.766667, 269.990909, 267.87381, 263.775269 ] }, { "date": "2026-08-07", "close": 270.0, "volume": 512, "typical_volume": 1564.0, "trend": 260.066667, "fair_value": 227.669411, "relative_strength": -8.913841, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.778454, "energy": 23.275306, "activity_lines": [ 270.466667, 270.027273, 268.502381, 264.42043 ] } ], "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." } } }