{ "ticker": { "uuid": "fd70c0a4-9d6e-49c8-a366-e71a796e750d", "symbol": "UCID", "name": "PT Uni-Charm Indonesia Tbk", "exchange": "JKT", "country": "ID", "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": "2026-09-11", "benchmark": "^JKSE", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 82.585, "architecture_energy": 93.293, "architecture_maturity": 21.958, "architecture_confidence": 80.557, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 10.95, "rotation_up": 87.39, "upward_expansion": 99.94, "deceleration": 39.01, "rotation_down": 8.03, "downward_expansion": 21.94 }, "activity_lines": [ 499.666667, 468.290909, 430.849138, 419.315807 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 515.0, "trend_reference": 412.17177, "distance_from_trend": 0.249479, "trend_direction": "Improving", "fair_value": 672.173919, "distance_from_fair_value": -0.233829, "fair_value_direction": "Improving", "relative_strength": 36.064132, "relative_strength_direction": "Improving", "price_momentum": 0.262255, "excess_performance": 0.345738, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.249479, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010212, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.233829, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.249588, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.360641, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.268148, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.262255, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.073715, "read": "Demand-led" } ], "volume": { "latest": 6490500, "relative_activity": 1.662487, "balance": 5.073715, "dry_up": 2.308733, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.053845, "annualized_volatility": 0.258441, "from_high_reference": -0.080357, "from_low_reference": 0.424601 }, "levels": { "trend_reference": 412.17177, "fair_value_reference": 672.173919, "structural_low": 361.504659, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.036861, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.023666, "regime_survival": 0.5, "best_return": 0.030612, "worst_return": -0.202073, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.155642, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.13664, "regime_survival": 0.0, "best_return": -0.07173, "worst_return": -0.209184, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.256809, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.149103, "regime_survival": 0.333333, "best_return": 0.099248, "worst_return": -0.331633, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.349477, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.398857, "regime_survival": 0.0, "best_return": -0.18305, "worst_return": -0.515904, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-06-23", "end": "2023-08-25", "tenure": "Developing", "return": 0.103896, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-01", "end": "2023-10-06", "tenure": "Developing", "return": -0.070039, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-13", "end": "2023-11-03", "tenure": "New", "return": -0.042017, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-11-10", "end": "2023-12-08", "tenure": "Developing", "return": -0.030837, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-15", "end": "2024-06-28", "tenure": "Extended", "return": -0.144244, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-05", "end": "2024-07-19", "tenure": "New", "return": 0.005525, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2024-07-26", "end": "2024-08-23", "tenure": "Developing", "return": 0.072626, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-11-15", "tenure": "Developing", "return": -0.209184, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.006493, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-13", "end": "2026-02-13", "tenure": "Extended", "return": -0.409511, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.076577, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-07-31", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2026-08-07", "end": "2026-09-04", "tenure": "Developing", "return": 0.187215, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-09-11", "end": "2026-09-11", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-09-08", "close": 1201.476807, "volume": 1540500, "typical_volume": 1782980.0, "trend": 1108.192826, "fair_value": 1252.728609, "relative_strength": 10.181545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.425337, "energy": 76.587004, "activity_lines": [ 1197.06193, 1161.140891, 1130.797999, 1117.448564 ] }, { "date": "2023-09-15", "close": 1206.207031, "volume": 371400, "typical_volume": 1786210.0, "trend": 1108.580794, "fair_value": 1251.970081, "relative_strength": 9.345363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.172081, "energy": 78.10013, "activity_lines": [ 1204.945638, 1173.009455, 1139.912814, 1123.772061 ] }, { "date": "2023-09-22", "close": 1196.74646, "volume": 1123500, "typical_volume": 1567890.0, "trend": 1111.14209, "fair_value": 1250.91829, "relative_strength": 7.634373, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.779304, "energy": 69.543665, "activity_lines": [ 1203.368856, 1181.781849, 1147.53791, 1129.460168 ] }, { "date": "2023-09-29", "close": 1135.253662, "volume": 285400, "typical_volume": 1496235.0, "trend": 1112.120256, "fair_value": 1249.646778, "relative_strength": 3.063285, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.787098, "energy": 36.466403, "activity_lines": [ 1180.033089, 1178.083676, 1148.718445, 1131.015753 ] }, { "date": "2023-10-06", "close": 1130.523438, "volume": 87100, "typical_volume": 1492205.0, "trend": 1113.562919, "fair_value": 1248.403099, "relative_strength": 3.190579, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.78854, "energy": 20.219664, "activity_lines": [ 1159.850806, 1172.665421, 1149.375406, 1132.203055 ] }, { "date": "2023-10-13", "close": 1125.793213, "volume": 139400, "typical_volume": 1413990.0, "trend": 1115.003451, "fair_value": 1247.070944, "relative_strength": 2.002434, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.863891, "energy": 20.468136, "activity_lines": [ 1143.76805, 1165.183068, 1149.353554, 1132.992107 ] }, { "date": "2023-10-20", "close": 1092.681641, "volume": 281700, "typical_volume": 1381775.0, "trend": 1115.806893, "fair_value": 1245.497457, "relative_strength": -0.035667, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.440542, "energy": 19.842751, "activity_lines": [ 1121.693677, 1150.992396, 1145.794666, 1131.55199 ] }, { "date": "2023-10-27", "close": 1102.14209, "volume": 141500, "typical_volume": 1268480.0, "trend": 1115.21471, "fair_value": 1243.548453, "relative_strength": 1.953989, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.155573, "energy": 25.422976, "activity_lines": [ 1110.341146, 1138.865823, 1142.822013, 1130.67039 ] }, { "date": "2023-11-03", "close": 1078.490967, "volume": 291900, "typical_volume": 1224505.0, "trend": 1114.456327, "fair_value": 1241.447839, "relative_strength": -0.840312, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.720481, "energy": 30.243255, "activity_lines": [ 1097.411865, 1123.81511, 1137.325943, 1128.301116 ] }, { "date": "2023-11-10", "close": 1073.760742, "volume": 51800, "typical_volume": 1106110.0, "trend": 1114.006901, "fair_value": 1238.444578, "relative_strength": -1.761899, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.676204, "energy": 39.546009, "activity_lines": [ 1086.690023, 1110.226467, 1131.649674, 1125.675594 ] }, { "date": "2023-11-17", "close": 1059.570068, "volume": 107400, "typical_volume": 1006015.0, "trend": 1113.706624, "fair_value": 1235.960979, "relative_strength": -5.522657, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.113749, "energy": 51.006164, "activity_lines": [ 1075.022135, 1096.637824, 1124.712012, 1122.163541 ] }, { "date": "2023-11-24", "close": 1045.379395, "volume": 1370800, "typical_volume": 908510.0, "trend": 1112.466695, "fair_value": 1233.589956, "relative_strength": -7.333451, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.815132, "energy": 58.361482, "activity_lines": [ 1063.0389, 1083.049181, 1116.603056, 1117.755332 ] }, { "date": "2023-12-01", "close": 1026.458496, "volume": 825400, "typical_volume": 914045.0, "trend": 1110.907153, "fair_value": 1230.981335, "relative_strength": -9.606347, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.328869, "energy": 64.480339, "activity_lines": [ 1047.902181, 1068.944514, 1107.097557, 1112.206416 ] }, { "date": "2023-12-08", "close": 1040.64917, "volume": 190700, "typical_volume": 833450.0, "trend": 1108.265206, "fair_value": 1228.725378, "relative_strength": -9.581422, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.008424, "energy": 70.229372, "activity_lines": [ 1042.54126, 1060.516113, 1099.416574, 1107.673643 ] }, { "date": "2023-12-15", "close": 974.426025, "volume": 2767200, "typical_volume": 853440.0, "trend": 1104.660164, "fair_value": 1226.044914, "relative_strength": -15.558369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.413081, "energy": 81.324415, "activity_lines": [ 1017.628743, 1041.767223, 1085.653874, 1099.038857 ] }, { "date": "2023-12-22", "close": 955.505188, "volume": 2915400, "typical_volume": 967680.0, "trend": 1101.668768, "fair_value": 1223.359471, "relative_strength": -17.550077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.635572, "energy": 84.060677, "activity_lines": [ 993.031596, 1022.416315, 1070.517161, 1089.415956 ] }, { "date": "2023-12-29", "close": 946.044739, "volume": 1081500, "typical_volume": 899160.0, "trend": 1098.984196, "fair_value": 1220.613385, "relative_strength": -18.575693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.07241, "energy": 90.161151, "activity_lines": [ 972.218624, 1004.441472, 1055.11015, 1079.375696 ] }, { "date": "2024-01-05", "close": 950.774902, "volume": 9868300, "typical_volume": 1294890.0, "trend": 1095.835124, "fair_value": 1218.159317, "relative_strength": -18.770725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.415135, "energy": 88.401201, "activity_lines": [ 959.604683, 989.992783, 1040.942001, 1069.813806 ] }, { "date": "2024-01-12", "close": 955.505188, "volume": 3949200, "typical_volume": 1441365.0, "trend": 1089.843508, "fair_value": 1215.270333, "relative_strength": -16.85596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.157072, "energy": 84.384964, "activity_lines": [ 953.613078, 979.156278, 1028.30555, 1060.760261 ] }, { "date": "2024-01-19", "close": 946.044739, "volume": 3678900, "typical_volume": 1553450.0, "trend": 1084.955611, "fair_value": 1213.047641, "relative_strength": -17.28361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.08212, "energy": 82.257406, "activity_lines": [ 950.144255, 968.835795, 1015.961922, 1051.482921 ] }, { "date": "2024-01-26", "close": 912.933105, "volume": 3005500, "typical_volume": 1626700.0, "trend": 1078.806319, "fair_value": 1210.699927, "relative_strength": -18.909456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.740495, "energy": 75.298854, "activity_lines": [ 937.530306, 954.817125, 1001.748722, 1040.384695 ] }, { "date": "2024-02-02", "close": 884.551819, "volume": 5669100, "typical_volume": 1891585.0, "trend": 1070.607265, "fair_value": 1208.19936, "relative_strength": -22.188371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.584133, "energy": 82.924989, "activity_lines": [ 918.294067, 938.304348, 986.206561, 1027.852147 ] }, { "date": "2024-02-09", "close": 898.742493, "volume": 1132600, "typical_volume": 1892040.0, "trend": 1063.038908, "fair_value": 1205.586216, "relative_strength": -20.445509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.658929, "energy": 80.108188, "activity_lines": [ 907.887581, 927.295831, 973.547584, 1016.764097 ] }, { "date": "2024-02-16", "close": 884.551819, "volume": 882700, "typical_volume": 1921905.0, "trend": 1056.258921, "fair_value": 1202.533177, "relative_strength": -22.269179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.561495, "energy": 83.169244, "activity_lines": [ 896.219698, 916.0293, 960.956181, 1005.248801 ] }, { "date": "2024-02-23", "close": 922.393616, "volume": 16188400, "typical_volume": 2726970.0, "trend": 1051.528699, "fair_value": 1200.100719, "relative_strength": -18.119882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.114539, "energy": 63.262427, "activity_lines": [ 901.895972, 914.48123, 953.162576, 996.61233 ] }, { "date": "2024-03-01", "close": 903.472656, "volume": 2937400, "typical_volume": 2866870.0, "trend": 1045.379407, "fair_value": 1197.168968, "relative_strength": -19.595912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.998199, "energy": 56.79281, "activity_lines": [ 902.842, 910.439029, 944.55807, 987.060327 ] }, { "date": "2024-03-08", "close": 889.281982, "volume": 2668600, "typical_volume": 2986215.0, "trend": 1037.968722, "fair_value": 1194.14625, "relative_strength": -21.212522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.907266, "energy": 55.892791, "activity_lines": [ 899.688501, 904.762752, 935.66074, 976.989525 ] }, { "date": "2024-03-15", "close": 879.821594, "volume": 7160700, "typical_volume": 3337175.0, "trend": 1028.035252, "fair_value": 1190.306875, "relative_strength": -21.060421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.825591, "energy": 56.492792, "activity_lines": [ 893.066194, 898.398454, 926.830991, 966.786485 ] }, { "date": "2024-03-22", "close": 875.09137, "volume": 5993900, "typical_volume": 3622275.0, "trend": 1016.998063, "fair_value": 1186.088248, "relative_strength": -21.333322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.223282, "energy": 61.821802, "activity_lines": [ 886.12854, 892.464176, 918.609414, 956.919138 ] }, { "date": "2024-03-29", "close": 860.900696, "volume": 5373600, "typical_volume": 3888365.0, "trend": 1005.172504, "fair_value": 1182.098507, "relative_strength": -21.494337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.543298, "energy": 67.600724, "activity_lines": [ 875.091357, 885.411844, 910.004913, 946.84834 ] }, { "date": "2024-04-05", "close": 837.249573, "volume": 7253600, "typical_volume": 4245675.0, "trend": 993.031596, "fair_value": 1177.753613, "relative_strength": -23.167096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.263517, "energy": 78.856791, "activity_lines": [ 860.269995, 875.607382, 900.161543, 936.014602 ] }, { "date": "2024-04-19", "close": 789.947327, "volume": 7144800, "typical_volume": 4534375.0, "trend": 979.156272, "fair_value": 1173.076423, "relative_strength": -25.003838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.053343, "energy": 83.97216, "activity_lines": [ 834.09609, 858.578576, 886.871867, 922.912391 ] }, { "date": "2024-04-26", "close": 733.184631, "volume": 13018400, "typical_volume": 5144025.0, "trend": 963.704211, "fair_value": 1168.093524, "relative_strength": -29.406865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.600581, "energy": 92.42024, "activity_lines": [ 795.623596, 832.949361, 869.392563, 907.043253 ] }, { "date": "2024-05-03", "close": 718.993958, "volume": 7053700, "typical_volume": 5487175.0, "trend": 949.828888, "fair_value": 1162.903349, "relative_strength": -31.230746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.624843, "energy": 95.071111, "activity_lines": [ 762.196676, 807.750167, 851.958308, 891.255495 ] }, { "date": "2024-05-10", "close": 718.993958, "volume": 10395200, "typical_volume": 5868575.0, "trend": 936.111239, "fair_value": 1158.00395, "relative_strength": -30.266383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.217139, "energy": 92.929364, "activity_lines": [ 739.176249, 785.561115, 836.055745, 876.362919 ] }, { "date": "2024-05-17", "close": 785.217102, "volume": 12764600, "typical_volume": 6361035.0, "trend": 924.758702, "fair_value": 1153.96522, "relative_strength": -25.634676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.899196, "energy": 82.512939, "activity_lines": [ 747.690654, 779.110811, 827.676491, 866.627813 ] }, { "date": "2024-05-24", "close": 794.677551, "volume": 2558200, "typical_volume": 6434870.0, "trend": 914.825232, "fair_value": 1149.928979, "relative_strength": -23.222952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.965494, "energy": 62.360051, "activity_lines": [ 762.827372, 776.53069, 821.009128, 858.235481 ] }, { "date": "2024-05-31", "close": 813.59845, "volume": 7694000, "typical_volume": 6326155.0, "trend": 905.207111, "fair_value": 1146.18849, "relative_strength": -18.122232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.88159, "energy": 44.67019, "activity_lines": [ 783.955709, 779.110812, 816.864551, 851.704721 ] }, { "date": "2024-06-07", "close": 843.567566, "volume": 6898500, "typical_volume": 6473620.0, "trend": 897.376331, "fair_value": 1142.64011, "relative_strength": -13.833014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.050194, "energy": 29.242939, "activity_lines": [ 809.71283, 788.343922, 816.227398, 847.727976 ] }, { "date": "2024-06-14", "close": 829.023315, "volume": 3503400, "typical_volume": 6464845.0, "trend": 889.218416, "fair_value": 1138.64957, "relative_strength": -12.877487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.41073, "energy": 29.326153, "activity_lines": [ 822.31696, 795.505783, 814.738113, 843.318104 ] }, { "date": "2024-06-21", "close": 819.327148, "volume": 7910000, "typical_volume": 6710070.0, "trend": 881.210319, "fair_value": 1134.625952, "relative_strength": -15.130912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.408969, "energy": 25.032011, "activity_lines": [ 824.353743, 801.484293, 812.882629, 838.80899 ] }, { "date": "2024-06-28", "close": 833.871399, "volume": 5987500, "typical_volume": 6725990.0, "trend": 874.160053, "fair_value": 1130.579256, "relative_strength": -15.329712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.658988, "energy": 21.642469, "activity_lines": [ 828.964608, 810.433074, 812.858055, 835.754866 ] }, { "date": "2024-07-05", "close": 877.504211, "volume": 4940700, "typical_volume": 6916395.0, "trend": 869.19491, "fair_value": 1126.957646, "relative_strength": -12.703946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.246363, "energy": 15.902986, "activity_lines": [ 845.506819, 826.516475, 817.230322, 835.970618 ] }, { "date": "2024-07-12", "close": 887.200378, "volume": 3757400, "typical_volume": 7060130.0, "trend": 864.07995, "fair_value": 1123.485423, "relative_strength": -12.056636, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.852478, "energy": 22.535445, "activity_lines": [ 861.020703, 841.738823, 822.627168, 837.132261 ] }, { "date": "2024-07-19", "close": 882.352295, "volume": 4479100, "typical_volume": 6474665.0, "trend": 861.010826, "fair_value": 1120.069355, "relative_strength": -11.610601, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.768899, "energy": 42.789813, "activity_lines": [ 872.009704, 853.021402, 827.549679, 838.311122 ] }, { "date": "2024-07-26", "close": 867.808044, "volume": 4450300, "typical_volume": 6550310.0, "trend": 858.087587, "fair_value": 1116.647287, "relative_strength": -12.512083, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.912099, "energy": 50.902842, "activity_lines": [ 874.595357, 858.689421, 831.277697, 838.749652 ] }, { "date": "2024-08-02", "close": 906.592712, "volume": 2322000, "typical_volume": 6532980.0, "trend": 856.77252, "fair_value": 1113.473839, "relative_strength": -8.461122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.975423, "energy": 56.714299, "activity_lines": [ 886.877173, 869.907544, 838.869324, 841.879015 ] }, { "date": "2024-08-09", "close": 901.744629, "volume": 3886800, "typical_volume": 6369285.0, "trend": 855.138177, "fair_value": 1109.629609, "relative_strength": -7.858068, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.990378, "energy": 48.645717, "activity_lines": [ 892.694873, 878.209376, 845.916797, 844.780442 ] }, { "date": "2024-08-16", "close": 940.529358, "volume": 3228100, "typical_volume": 6230995.0, "trend": 854.638983, "fair_value": 1106.382928, "relative_strength": -5.688126, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.107043, "energy": 64.600478, "activity_lines": [ 909.824788, 891.960319, 856.553658, 850.28955 ] }, { "date": "2024-08-23", "close": 930.833191, "volume": 11041300, "typical_volume": 6514380.0, "trend": 854.131932, "fair_value": 1103.191245, "relative_strength": -7.407529, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.537578, "energy": 72.514419, "activity_lines": [ 920.167383, 902.185381, 865.955465, 855.205306 ] }, { "date": "2024-08-30", "close": 950.225525, "volume": 3594500, "typical_volume": 6331425.0, "trend": 855.375012, "fair_value": 1099.947746, "relative_strength": -6.346496, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.432455, "energy": 77.819498, "activity_lines": [ 933.742029, 914.085234, 876.871149, 861.404892 ] }, { "date": "2024-09-06", "close": 935.681274, "volume": 1295900, "typical_volume": 6038980.0, "trend": 857.079327, "fair_value": 1096.757786, "relative_strength": -7.678338, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.187444, "energy": 75.074149, "activity_lines": [ 936.974093, 920.960707, 885.863686, 866.585941 ] }, { "date": "2024-09-13", "close": 940.529358, "volume": 1388200, "typical_volume": 5457470.0, "trend": 858.472223, "fair_value": 1093.716322, "relative_strength": -7.553083, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.418952, "energy": 61.286572, "activity_lines": [ 939.882947, 926.86656, 894.623974, 871.969814 ] }, { "date": "2024-09-20", "close": 940.529358, "volume": 1426500, "typical_volume": 5176110.0, "trend": 860.338141, "fair_value": 1090.557439, "relative_strength": -6.016179, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.904007, "energy": 58.249653, "activity_lines": [ 940.206152, 931.626503, 902.396906, 877.263823 ] }, { "date": "2024-09-27", "close": 979.314087, "volume": 4417300, "typical_volume": 4877215.0, "trend": 862.23549, "fair_value": 1087.764595, "relative_strength": -0.915934, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.822513, "energy": 57.343091, "activity_lines": [ 953.457601, 942.468596, 912.808692, 884.939691 ] }, { "date": "2024-10-04", "close": 950.225525, "volume": 1897400, "typical_volume": 4333855.0, "trend": 863.793919, "fair_value": 1084.579804, "relative_strength": -0.735976, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.008386, "energy": 49.819236, "activity_lines": [ 953.780802, 946.258918, 919.210518, 890.616467 ] }, { "date": "2024-10-11", "close": 974.466003, "volume": 1466100, "typical_volume": 4279250.0, "trend": 866.633386, "fair_value": 1081.697174, "relative_strength": 1.995077, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.881671, "energy": 52.65072, "activity_lines": [ 962.184163, 952.9581, 927.135207, 897.756601 ] }, { "date": "2024-10-18", "close": 969.61792, "volume": 1742900, "typical_volume": 3981695.0, "trend": 869.626597, "fair_value": 1078.313795, "relative_strength": -1.081347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.131985, "energy": 51.04555, "activity_lines": [ 966.385848, 957.541752, 933.742038, 904.400765 ] }, { "date": "2024-10-25", "close": 935.681274, "volume": 1834600, "typical_volume": 3728500.0, "trend": 871.646261, "fair_value": 1075.006418, "relative_strength": -3.17299, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.395569, "energy": 38.97157, "activity_lines": [ 957.33608, 954.721046, 936.373858, 908.662357 ] }, { "date": "2024-11-01", "close": 829.023315, "volume": 2534600, "typical_volume": 3680060.0, "trend": 870.583681, "fair_value": 1070.985983, "relative_strength": -11.330959, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 5.304331, "energy": 10.164618, "activity_lines": [ 913.056864, 932.59613, 928.409141, 905.91249 ] }, { "date": "2024-11-08", "close": 790.238586, "volume": 1637800, "typical_volume": 3366450.0, "trend": 869.016648, "fair_value": 1066.628863, "relative_strength": -12.267112, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -40.051981, "energy": 39.902553, "activity_lines": [ 865.86879, 905.270534, 916.750639, 900.728935 ] }, { "date": "2024-11-15", "close": 751.453857, "volume": 1456300, "typical_volume": 3139890.0, "trend": 867.733533, "fair_value": 1061.993769, "relative_strength": -14.403335, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -45.892258, "energy": 56.396235, "activity_lines": [ 816.418269, 873.802023, 901.536871, 893.144239 ] }, { "date": "2024-11-22", "close": 746.605774, "volume": 478700, "typical_volume": 2916790.0, "trend": 868.180904, "fair_value": 1057.239534, "relative_strength": -14.717653, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.418922, "energy": 75.007427, "activity_lines": [ 780.219197, 844.801631, 886.253845, 885.329545 ] }, { "date": "2024-11-29", "close": 751.453857, "volume": 1109600, "typical_volume": 2784400.0, "trend": 869.262901, "fair_value": 1053.015401, "relative_strength": -12.581794, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.878807, "energy": 79.220949, "activity_lines": [ 760.503629, 820.208592, 872.055868, 877.798767 ] }, { "date": "2024-12-06", "close": 751.453857, "volume": 914200, "typical_volume": 2606155.0, "trend": 870.344897, "fair_value": 1049.260937, "relative_strength": -15.172531, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.75773, "energy": 87.738076, "activity_lines": [ 753.069889, 799.05329, 858.504302, 870.198184 ] }, { "date": "2024-12-13", "close": 741.75769, "volume": 1006200, "typical_volume": 2433950.0, "trend": 868.89625, "fair_value": 1045.591091, "relative_strength": -15.003578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.24454, "energy": 85.282351, "activity_lines": [ 747.57539, 780.277962, 844.652618, 861.902235 ] }, { "date": "2024-12-20", "close": 698.124878, "volume": 1446300, "typical_volume": 2390165.0, "trend": 865.677828, "fair_value": 1041.52413, "relative_strength": -15.614124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.997613, "energy": 83.031192, "activity_lines": [ 730.768681, 757.359719, 827.245667, 850.884727 ] }, { "date": "2024-12-27", "close": 712.669128, "volume": 348700, "typical_volume": 2213260.0, "trend": 862.313517, "fair_value": 1037.40363, "relative_strength": -14.07251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.920776, "energy": 75.475337, "activity_lines": [ 722.36532, 742.110269, 812.216587, 841.013198 ] }, { "date": "2025-01-03", "close": 727.21344, "volume": 242900, "typical_volume": 2064000.0, "trend": 858.435046, "fair_value": 1033.552489, "relative_strength": -13.480272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.504965, "energy": 66.986374, "activity_lines": [ 721.072506, 734.177036, 799.47304, 832.297064 ] }, { "date": "2025-01-10", "close": 736.909607, "volume": 384800, "typical_volume": 1531175.0, "trend": 855.364589, "fair_value": 1029.763503, "relative_strength": -11.021767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.253073, "energy": 60.21992, "activity_lines": [ 724.627775, 731.797067, 788.668727, 824.456713 ] }, { "date": "2025-01-17", "close": 732.061523, "volume": 489900, "typical_volume": 1375945.0, "trend": 852.455735, "fair_value": 1025.943439, "relative_strength": -11.990658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.748325, "energy": 53.14026, "activity_lines": [ 727.536633, 730.210422, 778.326137, 816.501677 ] }, { "date": "2025-01-24", "close": 702.972961, "volume": 707300, "typical_volume": 1346515.0, "trend": 848.092454, "fair_value": 1021.966264, "relative_strength": -15.161861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.256994, "energy": 54.543241, "activity_lines": [ 721.395715, 724.392713, 766.252084, 806.857627 ] }, { "date": "2025-01-31", "close": 717.517273, "volume": 715700, "typical_volume": 1312890.0, "trend": 842.759556, "fair_value": 1018.023614, "relative_strength": -12.32048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.044356, "energy": 58.439621, "activity_lines": [ 719.779695, 722.100895, 756.671339, 798.433422 ] }, { "date": "2025-02-07", "close": 673.88446, "volume": 3084600, "typical_volume": 1395795.0, "trend": 835.649025, "fair_value": 1013.948038, "relative_strength": -12.850816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.119569, "energy": 77.306718, "activity_lines": [ 703.296195, 712.404721, 743.997049, 787.538254 ] }, { "date": "2025-02-14", "close": 678.732544, "volume": 1330500, "typical_volume": 1241455.0, "trend": 828.8617, "fair_value": 1009.962248, "relative_strength": -10.51741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.364292, "energy": 87.281218, "activity_lines": [ 691.983988, 705.000368, 733.05422, 777.41461 ] }, { "date": "2025-02-21", "close": 673.88446, "volume": 3931300, "typical_volume": 1343150.0, "trend": 822.397581, "fair_value": 1005.593128, "relative_strength": -12.990142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.286976, "energy": 87.835157, "activity_lines": [ 682.934224, 698.036752, 723.081009, 767.416079 ] }, { "date": "2025-02-28", "close": 635.099731, "volume": 3193000, "typical_volume": 1429495.0, "trend": 813.347815, "fair_value": 1001.180868, "relative_strength": -10.655848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.452358, "energy": 70.286165, "activity_lines": [ 664.834688, 685.255425, 710.729925, 755.332346 ] }, { "date": "2025-03-07", "close": 659.340149, "volume": 1060700, "typical_volume": 1395385.0, "trend": 805.267665, "fair_value": 996.601098, "relative_strength": -11.991807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.733866, "energy": 61.134616, "activity_lines": [ 659.340173, 678.027359, 702.303481, 745.396368 ] }, { "date": "2025-03-14", "close": 659.340149, "volume": 2179900, "typical_volume": 1412650.0, "trend": 795.894692, "fair_value": 992.256162, "relative_strength": -10.070699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.638767, "energy": 57.806914, "activity_lines": [ 657.724133, 671.768911, 695.354551, 735.981689 ] }, { "date": "2025-03-21", "close": 630.251648, "volume": 7313300, "typical_volume": 1651585.0, "trend": 785.875307, "fair_value": 987.783471, "relative_strength": -10.204826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.511346, "energy": 62.114931, "activity_lines": [ 647.381547, 661.455704, 686.951197, 725.295041 ] }, { "date": "2025-03-28", "close": 610.859253, "volume": 22797100, "typical_volume": 2709550.0, "trend": 774.563098, "fair_value": 983.421304, "relative_strength": -15.978798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.43881, "energy": 61.488952, "activity_lines": [ 633.806889, 649.555843, 677.64748, 714.003683 ] }, { "date": "2025-04-11", "close": 542.986023, "volume": 11812300, "typical_volume": 3227350.0, "trend": 761.473256, "fair_value": 978.712116, "relative_strength": -21.929825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.119049, "energy": 74.285757, "activity_lines": [ 601.809501, 627.519072, 662.733834, 699.063227 ] }, { "date": "2025-04-18", "close": 542.986023, "volume": 6429100, "typical_volume": 3524870.0, "trend": 748.221812, "fair_value": 973.914864, "relative_strength": -23.660556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.729406, "energy": 88.259357, "activity_lines": [ 575.953027, 608.391154, 648.812891, 684.967276 ] }, { "date": "2025-04-25", "close": 552.68219, "volume": 20240000, "typical_volume": 4481390.0, "trend": 735.293573, "fair_value": 969.502665, "relative_strength": -24.720834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.855331, "energy": 85.215296, "activity_lines": [ 561.085551, 594.199472, 636.785011, 672.351817 ] }, { "date": "2025-05-02", "close": 528.441772, "volume": 28099700, "typical_volume": 5840665.0, "trend": 720.264496, "fair_value": 964.935079, "relative_strength": -29.136736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.275749, "energy": 87.513367, "activity_lines": [ 545.248466, 577.804118, 623.395051, 659.006539 ] }, { "date": "2025-05-09", "close": 542.986023, "volume": 3590700, "typical_volume": 5969890.0, "trend": 706.689846, "fair_value": 960.490081, "relative_strength": -27.095292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.847717, "energy": 71.184987, "activity_lines": [ 541.046789, 566.785733, 612.45222, 647.569218 ] }, { "date": "2025-05-16", "close": 542.986023, "volume": 1668600, "typical_volume": 5981005.0, "trend": 692.30718, "fair_value": 956.338625, "relative_strength": -29.592576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.93964, "energy": 62.67765, "activity_lines": [ 541.369995, 558.14732, 602.455922, 637.007681 ] }, { "date": "2025-05-23", "close": 542.986023, "volume": 10700400, "typical_volume": 6498590.0, "trend": 678.086116, "fair_value": 952.480714, "relative_strength": -30.246984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.611966, "energy": 58.227929, "activity_lines": [ 541.693201, 551.183701, 593.198379, 627.374058 ] }, { "date": "2025-05-30", "close": 547.834106, "volume": 1847100, "typical_volume": 6578800.0, "trend": 665.157877, "fair_value": 949.094195, "relative_strength": -28.820817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.442555, "energy": 52.07886, "activity_lines": [ 543.632434, 547.217082, 585.210574, 618.970703 ] }, { "date": "2025-06-06", "close": 533.289856, "volume": 2786900, "typical_volume": 6698905.0, "trend": 655.300095, "fair_value": 945.467671, "relative_strength": -29.575637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.678379, "energy": 60.420175, "activity_lines": [ 541.046789, 542.633436, 576.691789, 610.463089 ] }, { "date": "2025-06-13", "close": 533.289856, "volume": 10568000, "typical_volume": 7202810.0, "trend": 646.735138, "fair_value": 941.694376, "relative_strength": -29.483104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.680406, "energy": 59.494039, "activity_lines": [ 538.137939, 539.812732, 569.142622, 602.59146 ] }, { "date": "2025-06-20", "close": 535.0, "volume": 9264500, "typical_volume": 7630670.0, "trend": 639.520009, "fair_value": 938.137524, "relative_strength": -25.98953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.532123, "energy": 58.731248, "activity_lines": [ 536.445548, 538.713316, 562.702857, 595.382742 ] }, { "date": "2025-06-27", "close": 496.0, "volume": 10790400, "typical_volume": 8134405.0, "trend": 631.166483, "fair_value": 934.330672, "relative_strength": -30.686935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.474363, "energy": 81.825297, "activity_lines": [ 522.285559, 530.668191, 553.348678, 586.123386 ] }, { "date": "2025-07-04", "close": 500.0, "volume": 9172000, "typical_volume": 8438775.0, "trend": 622.784688, "fair_value": 930.432044, "relative_strength": -29.206753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.465434, "energy": 73.64094, "activity_lines": [ 512.591305, 524.20463, 545.430296, 577.661032 ] }, { "date": "2025-07-11", "close": 500.0, "volume": 8305300, "typical_volume": 8787515.0, "trend": 614.402893, "fair_value": 926.445353, "relative_strength": -30.386425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.676423, "energy": 85.097923, "activity_lines": [ 506.08599, 518.698927, 538.339935, 569.73944 ] }, { "date": "2025-07-18", "close": 500.0, "volume": 7226800, "typical_volume": 8952290.0, "trend": 606.344303, "fair_value": 922.488016, "relative_strength": -32.230554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.889799, "energy": 86.61095, "activity_lines": [ 501.8, 513.710347, 532.100681, 562.358608 ] }, { "date": "2025-07-25", "close": 496.0, "volume": 9353800, "typical_volume": 9260330.0, "trend": 599.606807, "fair_value": 918.534393, "relative_strength": -34.143657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.090796, "energy": 82.63573, "activity_lines": [ 498.4, 508.776059, 526.308496, 555.239621 ] }, { "date": "2025-08-01", "close": 494.0, "volume": 8451100, "typical_volume": 9629850.0, "trend": 592.317836, "fair_value": 914.362469, "relative_strength": -33.675406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.215621, "energy": 82.223293, "activity_lines": [ 496.933333, 504.332425, 520.988215, 548.426278 ] }, { "date": "2025-08-08", "close": 500.0, "volume": 11345500, "typical_volume": 10088130.0, "trend": 584.744055, "fair_value": 910.434487, "relative_strength": -32.068185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.191909, "energy": 63.937513, "activity_lines": [ 497.6, 501.870356, 517.026696, 542.470289 ] }, { "date": "2025-08-15", "close": 500.0, "volume": 5084100, "typical_volume": 9976670.0, "trend": 576.847068, "fair_value": 906.418441, "relative_strength": -34.42057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.77248, "energy": 59.910075, "activity_lines": [ 498.266667, 500.277997, 513.82394, 537.00293 ] }, { "date": "2025-08-22", "close": 486.0, "volume": 22204800, "typical_volume": 9947055.0, "trend": 568.645017, "fair_value": 902.235283, "relative_strength": -35.099568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.073342, "energy": 60.460531, "activity_lines": [ 494.266667, 496.745455, 509.908096, 531.141829 ] }, { "date": "2025-08-29", "close": 462.0, "volume": 21203900, "typical_volume": 10416635.0, "trend": 560.612585, "fair_value": 898.047839, "relative_strength": -37.265951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.987893, "energy": 65.946375, "activity_lines": [ 483.2, 489.709091, 504.301106, 524.261505 ] }, { "date": "2025-09-05", "close": 460.0, "volume": 20797600, "typical_volume": 11135060.0, "trend": 552.028676, "fair_value": 893.937311, "relative_strength": -36.987383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.074506, "energy": 66.947163, "activity_lines": [ 473.733333, 483.636364, 498.889288, 517.770371 ] }, { "date": "2025-09-12", "close": 440.0, "volume": 33765100, "typical_volume": 11811315.0, "trend": 544.232528, "fair_value": 889.788314, "relative_strength": -38.79871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.105158, "energy": 83.553973, "activity_lines": [ 459.866667, 474.581818, 491.967879, 510.542714 ] }, { "date": "2025-09-19", "close": 446.0, "volume": 18030300, "typical_volume": 11307845.0, "trend": 536.474776, "fair_value": 885.857251, "relative_strength": -38.644716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.715884, "energy": 82.878651, "activity_lines": [ 452.0, 467.709091, 486.154481, 504.205132 ] }, { "date": "2025-09-26", "close": 464.0, "volume": 16826100, "typical_volume": 11969615.0, "trend": 529.478628, "fair_value": 882.101396, "relative_strength": -35.669078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.524136, "energy": 67.03224, "activity_lines": [ 453.733333, 465.090909, 482.447948, 499.52934 ] }, { "date": "2025-10-03", "close": 470.0, "volume": 18648100, "typical_volume": 12818590.0, "trend": 523.975303, "fair_value": 878.413915, "relative_strength": -34.001199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.102695, "energy": 55.346734, "activity_lines": [ 458.933333, 464.218182, 479.688968, 495.692009 ] }, { "date": "2025-10-10", "close": 454.0, "volume": 4796200, "typical_volume": 12523380.0, "trend": 517.130631, "fair_value": 874.564046, "relative_strength": -36.323276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.997636, "energy": 49.937305, "activity_lines": [ 458.266667, 460.909091, 475.75373, 491.177473 ] }, { "date": "2025-10-17", "close": 446.0, "volume": 4653700, "typical_volume": 12663710.0, "trend": 510.019293, "fair_value": 870.782542, "relative_strength": -33.658951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.530579, "energy": 47.872407, "activity_lines": [ 455.333333, 456.872727, 471.480331, 486.5884 ] }, { "date": "2025-10-24", "close": 462.0, "volume": 4261900, "typical_volume": 12737460.0, "trend": 504.410905, "fair_value": 867.312988, "relative_strength": -33.191934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.843184, "energy": 36.514962, "activity_lines": [ 457.333333, 456.727273, 469.215666, 483.490382 ] }, { "date": "2025-10-31", "close": 430.0, "volume": 37741500, "typical_volume": 14096135.0, "trend": 498.382263, "fair_value": 863.488745, "relative_strength": -35.982865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.852188, "energy": 49.040861, "activity_lines": [ 447.6, 451.454545, 464.242857, 478.689678 ] }, { "date": "2025-11-07", "close": 444.0, "volume": 7275000, "typical_volume": 13996660.0, "trend": 495.082729, "fair_value": 859.784158, "relative_strength": -34.838519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.423501, "energy": 44.675252, "activity_lines": [ 444.8, 449.745455, 461.095238, 475.181145 ] }, { "date": "2025-11-14", "close": 448.0, "volume": 4058900, "typical_volume": 13660085.0, "trend": 491.916528, "fair_value": 856.105212, "relative_strength": -33.192463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.836532, "energy": 40.430151, "activity_lines": [ 445.066667, 449.090909, 458.761905, 472.143549 ] }, { "date": "2025-11-21", "close": 442.0, "volume": 3871100, "typical_volume": 13395040.0, "trend": 488.227122, "fair_value": 852.507452, "relative_strength": -33.595901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.973976, "energy": 42.536743, "activity_lines": [ 443.733333, 447.563636, 456.085714, 468.923128 ] }, { "date": "2025-11-28", "close": 428.0, "volume": 6635700, "typical_volume": 13311560.0, "trend": 484.879063, "fair_value": 848.849861, "relative_strength": -35.574991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.994619, "energy": 45.286739, "activity_lines": [ 438.0, 443.454545, 452.352381, 465.037507 ] }, { "date": "2025-12-05", "close": 434.0, "volume": 4460000, "typical_volume": 13173220.0, "trend": 481.246195, "fair_value": 845.380292, "relative_strength": -34.720626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.03022, "energy": 42.568363, "activity_lines": [ 436.533333, 440.763636, 449.533333, 461.754987 ] }, { "date": "2025-12-12", "close": 424.0, "volume": 7334800, "typical_volume": 13072270.0, "trend": 477.279995, "fair_value": 841.338115, "relative_strength": -35.579231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.05819, "energy": 54.630664, "activity_lines": [ 431.466667, 436.8, 446.07619, 458.061684 ] }, { "date": "2025-12-19", "close": 420.0, "volume": 13107500, "typical_volume": 13305090.0, "trend": 473.180461, "fair_value": 837.569418, "relative_strength": -34.945373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.14308, "energy": 64.212419, "activity_lines": [ 426.4, 432.945455, 442.580952, 454.366201 ] }, { "date": "2025-12-26", "close": 424.0, "volume": 1876500, "typical_volume": 12831640.0, "trend": 469.052657, "fair_value": 833.736626, "relative_strength": -32.909281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.312887, "energy": 61.24802, "activity_lines": [ 424.533333, 430.436364, 439.819048, 451.193268 ] }, { "date": "2026-01-02", "close": 426.0, "volume": 1165900, "typical_volume": 12635730.0, "trend": 465.476329, "fair_value": 829.916654, "relative_strength": -33.30142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.469225, "energy": 61.998375, "activity_lines": [ 424.533333, 428.690909, 437.609524, 448.415677 ] }, { "date": "2026-01-09", "close": 426.0, "volume": 14016800, "typical_volume": 12226330.0, "trend": 461.9, "fair_value": 826.096683, "relative_strength": -33.770024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.577908, "energy": 49.865705, "activity_lines": [ 424.666667, 427.6, 435.752381, 445.868817 ] }, { "date": "2026-01-16", "close": 440.0, "volume": 8077400, "typical_volume": 11570005.0, "trend": 458.733333, "fair_value": 822.216894, "relative_strength": -31.625159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.311635, "energy": 29.785101, "activity_lines": [ 430.0, 429.127273, 435.514286, 444.455914 ] }, { "date": "2026-01-23", "close": 436.0, "volume": 12395100, "typical_volume": 11149880.0, "trend": 456.733333, "fair_value": 818.221728, "relative_strength": -30.291618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.746824, "energy": 21.887855, "activity_lines": [ 432.933333, 430.0, 435.0, 442.989247 ] }, { "date": "2026-01-30", "close": 428.0, "volume": 12502900, "typical_volume": 10086770.0, "trend": 454.333333, "fair_value": 814.145368, "relative_strength": -25.508022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.323204, "energy": 21.096476, "activity_lines": [ 432.133333, 429.636364, 433.838095, 441.135484 ] }, { "date": "2026-02-06", "close": 430.0, "volume": 3364300, "typical_volume": 9353470.0, "trend": 452.0, "fair_value": 810.081829, "relative_strength": -20.403507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.980118, "energy": 17.243051, "activity_lines": [ 431.733333, 429.890909, 432.92381, 439.565591 ] }, { "date": "2026-02-13", "close": 438.0, "volume": 2216600, "typical_volume": 8622995.0, "trend": 449.933333, "fair_value": 805.860187, "relative_strength": -20.612262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.166666, "energy": 16.084619, "activity_lines": [ 433.733333, 431.563636, 432.847619, 438.662366 ] }, { "date": "2026-02-20", "close": 444.0, "volume": 3743400, "typical_volume": 7877760.0, "trend": 448.2, "fair_value": 801.168502, "relative_strength": -18.977219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.405909, "energy": 6.904194, "activity_lines": [ 436.933333, 434.254545, 433.466667, 438.27957 ] }, { "date": "2026-02-27", "close": 450.0, "volume": 5597000, "typical_volume": 7917800.0, "trend": 446.733333, "fair_value": 796.39563, "relative_strength": -16.443257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.622456, "energy": 11.541384, "activity_lines": [ 441.866667, 437.672727, 434.780952, 438.395699 ] }, { "date": "2026-03-06", "close": 422.0, "volume": 7957700, "typical_volume": 8083000.0, "trend": 444.133333, "fair_value": 791.921863, "relative_strength": -13.772558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.58053, "energy": 15.337099, "activity_lines": [ 436.533333, 435.454545, 433.447619, 436.8 ] }, { "date": "2026-03-13", "close": 408.0, "volume": 2919100, "typical_volume": 8015860.0, "trend": 441.066667, "fair_value": 787.44809, "relative_strength": -10.266184, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.555173, "energy": 30.963822, "activity_lines": [ 426.933333, 430.727273, 430.895238, 434.468817 ] }, { "date": "2026-03-20", "close": 410.0, "volume": 3345400, "typical_volume": 6296055.0, "trend": 438.533333, "fair_value": 783.106785, "relative_strength": -8.235866, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.135287, "energy": 55.012148, "activity_lines": [ 419.466667, 426.690909, 428.790476, 432.464516 ] }, { "date": "2026-03-27", "close": 414.0, "volume": 978100, "typical_volume": 5981210.0, "trend": 436.933333, "fair_value": 778.821033, "relative_strength": -5.994411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.692812, "energy": 58.518538, "activity_lines": [ 415.2, 423.672727, 427.161905, 430.88172 ] }, { "date": "2026-04-03", "close": 410.0, "volume": 4405700, "typical_volume": 5998550.0, "trend": 435.266667, "fair_value": 774.599377, "relative_strength": -4.926328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.632726, "energy": 62.773274, "activity_lines": [ 411.6, 420.4, 425.295238, 429.144086 ] }, { "date": "2026-04-10", "close": 402.0, "volume": 3126400, "typical_volume": 5961315.0, "trend": 434.0, "fair_value": 769.997405, "relative_strength": -11.264833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.312231, "energy": 62.560995, "activity_lines": [ 408.0, 416.145455, 422.847619, 426.997849 ] }, { "date": "2026-04-17", "close": 410.0, "volume": 18343900, "typical_volume": 6546725.0, "trend": 432.8, "fair_value": 765.566364, "relative_strength": -10.713733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.962672, "energy": 46.03352, "activity_lines": [ 408.4, 413.818182, 421.352381, 425.449462 ] }, { "date": "2026-04-24", "close": 392.93985, "volume": 8658700, "typical_volume": 6756660.0, "trend": 430.431328, "fair_value": 761.115699, "relative_strength": -7.556809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.720816, "energy": 52.976433, "activity_lines": [ 402.97995, 408.7527, 418.318081, 422.87784 ] }, { "date": "2026-05-01", "close": 394.904541, "volume": 7908200, "typical_volume": 6785330.0, "trend": 427.928146, "fair_value": 756.797277, "relative_strength": -4.14635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.438582, "energy": 57.761443, "activity_lines": [ 399.35214, 404.86371, 415.666419, 420.585789 ] }, { "date": "2026-05-08", "close": 394.904541, "volume": 6170000, "typical_volume": 6438455.0, "trend": 425.958298, "fair_value": 752.389119, "relative_strength": -3.60569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.421825, "energy": 54.457619, "activity_lines": [ 396.997361, 401.867365, 413.153307, 418.455234 ] }, { "date": "2026-05-15", "close": 389.010468, "volume": 3055200, "typical_volume": 6497390.0, "trend": 424.058647, "fair_value": 748.003002, "relative_strength": -0.968102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.517653, "energy": 61.756807, "activity_lines": [ 393.684255, 398.801106, 410.198356, 416.071503 ] }, { "date": "2026-05-22", "close": 369.363464, "volume": 9706100, "typical_volume": 6924400.0, "trend": 420.970762, "fair_value": 743.191821, "relative_strength": 3.115245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.59802, "energy": 69.462788, "activity_lines": [ 384.688116, 392.762474, 405.53888, 412.542781 ] }, { "date": "2026-05-29", "close": 389.010468, "volume": 1683600, "typical_volume": 6307740.0, "trend": 419.604444, "fair_value": 738.74588, "relative_strength": 9.680998, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.609021, "energy": 53.094757, "activity_lines": [ 384.950082, 390.998507, 403.020244, 410.480827 ] }, { "date": "2026-06-05", "close": 365.434052, "volume": 428500, "typical_volume": 5925295.0, "trend": 416.985579, "fair_value": 734.388105, "relative_strength": 13.205383, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.60607, "energy": 72.127584, "activity_lines": [ 377.6152, 385.329547, 398.432376, 406.985963 ] }, { "date": "2026-06-12", "close": 377.22226, "volume": 1366500, "typical_volume": 5373865.0, "trend": 414.626321, "fair_value": 730.225543, "relative_strength": 9.249311, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.277552, "energy": 63.647804, "activity_lines": [ 376.174421, 382.686914, 395.32227, 404.420587 ] }, { "date": "2026-06-19", "close": 369.363464, "volume": 504300, "typical_volume": 4773935.0, "trend": 412.205104, "fair_value": 725.892955, "relative_strength": 4.656683, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.389637, "energy": 58.313143, "activity_lines": [ 373.292861, 379.211369, 391.743602, 401.500403 ] }, { "date": "2026-06-26", "close": 370.0, "volume": 842400, "typical_volume": 4647840.0, "trend": 410.27177, "fair_value": 720.987483, "relative_strength": 10.173108, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.186913, "energy": 59.961599, "activity_lines": [ 371.933281, 376.444949, 388.504777, 398.777493 ] }, { "date": "2026-07-03", "close": 366.0, "volume": 218100, "typical_volume": 4547915.0, "trend": 408.005104, "fair_value": 716.329268, "relative_strength": 9.750181, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.908567, "energy": 54.786427, "activity_lines": [ 369.197931, 373.678528, 385.170715, 395.92125 ] }, { "date": "2026-07-10", "close": 374.0, "volume": 334800, "typical_volume": 4377485.0, "trend": 406.338437, "fair_value": 711.692012, "relative_strength": 11.524915, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.260106, "energy": 47.633713, "activity_lines": [ 370.663279, 372.856469, 382.941414, 393.727372 ] }, { "date": "2026-07-17", "close": 382.0, "volume": 269700, "typical_volume": 4111120.0, "trend": 405.07177, "fair_value": 706.893785, "relative_strength": 9.520199, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.495195, "energy": 35.987238, "activity_lines": [ 374.224231, 373.869038, 381.807352, 392.157151 ] }, { "date": "2026-07-24", "close": 384.0, "volume": 178600, "typical_volume": 3722165.0, "trend": 403.738437, "fair_value": 702.1387, "relative_strength": 9.863784, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.195396, "energy": 28.08289, "activity_lines": [ 378.133333, 375.479871, 381.187575, 390.797682 ] }, { "date": "2026-07-31", "close": 414.0, "volume": 5212500, "typical_volume": 3836835.0, "trend": 403.338437, "fair_value": 697.818499, "relative_strength": 17.658799, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.302747, "energy": 15.669998, "activity_lines": [ 391.066667, 382.636349, 383.605894, 391.459718 ] }, { "date": "2026-08-07", "close": 438.0, "volume": 194700, "typical_volume": 3679300.0, "trend": 403.738437, "fair_value": 693.803753, "relative_strength": 21.028595, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.407264, "energy": 47.189468, "activity_lines": [ 409.066667, 393.34489, 388.281355, 393.695948 ] }, { "date": "2026-08-14", "close": 438.0, "volume": 3954600, "typical_volume": 3828125.0, "trend": 403.67177, "fair_value": 689.637398, "relative_strength": 20.96474, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.219262, "energy": 69.341966, "activity_lines": [ 422.266667, 403.162713, 392.823483, 395.906371 ] }, { "date": "2026-08-21", "close": 454.0, "volume": 3104800, "typical_volume": 3763080.0, "trend": 404.27177, "fair_value": 685.421997, "relative_strength": 22.682391, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.5888, "energy": 80.93776, "activity_lines": [ 436.533333, 414.570245, 398.775135, 399.153354 ] }, { "date": "2026-08-28", "close": 498.0, "volume": 15390000, "typical_volume": 4376260.0, "trend": 406.605104, "fair_value": 681.06414, "relative_strength": 33.938156, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 67.441098, "energy": 87.960255, "activity_lines": [ 460.666667, 432.581818, 408.707739, 405.200336 ] }, { "date": "2026-09-04", "close": 520.0, "volume": 11068700, "typical_volume": 4012500.0, "trend": 409.605104, "fair_value": 676.665377, "relative_strength": 36.446225, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 93.902902, "energy": 97.238019, "activity_lines": [ 484.533333, 452.254545, 420.278439, 412.516136 ] }, { "date": "2026-09-11", "close": 515.0, "volume": 6490500, "typical_volume": 3904090.0, "trend": 412.17177, "fair_value": 672.173919, "relative_strength": 36.064132, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.585367, "energy": 93.293293, "activity_lines": [ 499.666667, 468.290909, 430.849138, 419.315807 ] } ], "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." } } }