{ "ticker": { "uuid": "fd90c7a4-4d73-4384-b4a8-6381b43e185d", "symbol": "JDST", "name": "DIREXION DAILY JUNIOR GOLD MINERS INDEX BEAR 2X ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 9.936, "architecture_energy": 5.724, "architecture_maturity": 36.311, "architecture_confidence": 64.044, "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": 62.4, "rotation_up": 29.12, "upward_expansion": 61.73, "deceleration": 79.65, "rotation_down": 24.09, "downward_expansion": 14.06 }, "activity_lines": [ 36.929333, 38.31315, 37.149809, 36.287923 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 26.58, "trend_reference": 35.355462, "distance_from_trend": -0.248207, "trend_direction": "Weakening", "fair_value": 481.741863, "distance_from_fair_value": -0.944825, "fair_value_direction": "Improving", "relative_strength": -58.87381, "relative_strength_direction": "Improving", "price_momentum": -0.26731, "excess_performance": -0.392935, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.248207, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.179692, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.944825, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.004424, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.588738, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.149796, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.26731, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.400299, "read": "Demand-led" } ], "volume": { "latest": 2761043, "relative_activity": 1.067565, "balance": 1.400299, "dry_up": 0.718, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.337862, "annualized_volatility": 1.28964, "from_high_reference": -0.846396, "from_low_reference": 0.182587 }, "levels": { "trend_reference": 35.355462, "fair_value_reference": 481.741863, "structural_low": 22.476151, "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": 8, "median_return": -0.104065, "positive_rate": 0.125, "directional_follow_through": 0.125, "median_excess_return": -0.156986, "regime_survival": 0.5, "best_return": 0.279783, "worst_return": -0.226375, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.185771, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.208297, "regime_survival": 0.25, "best_return": 0.097473, "worst_return": -0.537358, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.494267, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.592395, "regime_survival": 0.0, "best_return": -0.278881, "worst_return": -0.58157, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.427609, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.541387, "regime_survival": 0.0, "best_return": 0.385379, "worst_return": -0.668752, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-07-21", "end": "2023-08-18", "tenure": "Developing", "return": 0.288274, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-08-25", "end": "2023-09-29", "tenure": "Developing", "return": 0.15416, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-10-06", "end": "2023-11-10", "tenure": "Developing", "return": -0.084024, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-17", "end": "2023-12-01", "tenure": "New", "return": -0.23487, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-12-08", "end": "2023-12-22", "tenure": "New", "return": -0.151208, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-29", "end": "2024-02-02", "tenure": "Developing", "return": 0.218182, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-09", "end": "2024-02-16", "tenure": "New", "return": 0.008333, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-02-23", "end": "2024-03-08", "tenure": "New", "return": -0.200546, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-15", "end": "2024-03-22", "tenure": "New", "return": 0.022503, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-29", "end": "2024-12-06", "tenure": "Extended", "return": -0.431208, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-02-07", "tenure": "Developing", "return": -0.206772, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2026-05-29", "tenure": "Extended", "return": -0.922415, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": -0.047594, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.365784, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1395.930152, "volume": 46491243, "typical_volume": 34058139.6, "trend": 1181.21855, "fair_value": 1729.196948, "relative_strength": -14.710607, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 42.589581, "energy": 45.448256, "activity_lines": [ 1263.102074, 1222.669005, 1178.779022, 1167.063706 ] }, { "date": "2023-08-25", "close": 1277.690809, "volume": 34660586, "typical_volume": 34436492.95, "trend": 1187.208978, "fair_value": 1726.099401, "relative_strength": -21.286394, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.435668, "energy": 45.216443, "activity_lines": [ 1283.338061, 1234.887204, 1193.51779, 1173.287723 ] }, { "date": "2023-09-01", "close": 1212.394455, "volume": 26667523, "typical_volume": 33524837.7, "trend": 1186.073903, "fair_value": 1722.041028, "relative_strength": -25.544068, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.891682, "energy": 40.762253, "activity_lines": [ 1268.866977, 1232.929918, 1200.458518, 1174.912592 ] }, { "date": "2023-09-08", "close": 1327.104266, "volume": 21346579, "typical_volume": 32885402.75, "trend": 1185.770096, "fair_value": 1718.740107, "relative_strength": -16.204225, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.242097, "energy": 46.469528, "activity_lines": [ 1289.220616, 1253.048254, 1216.830341, 1184.011325 ] }, { "date": "2023-09-15", "close": 1200.041091, "volume": 28634405, "typical_volume": 32752820.3, "trend": 1178.583733, "fair_value": 1715.664933, "relative_strength": -22.416692, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 47.749663, "energy": 25.080232, "activity_lines": [ 1259.807844, 1248.652381, 1219.578251, 1184.932035 ] }, { "date": "2023-09-22", "close": 1313.982443, "volume": 28913135, "typical_volume": 32054462.75, "trend": 1170.419096, "fair_value": 1711.018312, "relative_strength": -9.927792, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.994095, "energy": 27.623095, "activity_lines": [ 1270.25794, 1266.481191, 1232.318522, 1193.667435 ] }, { "date": "2023-09-29", "close": 1474.659644, "volume": 30142160, "typical_volume": 32071947.15, "trend": 1173.710243, "fair_value": 1708.021399, "relative_strength": 3.875402, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.166676, "energy": 50.54564, "activity_lines": [ 1339.730283, 1308.853358, 1258.467405, 1213.295858 ] }, { "date": "2023-10-06", "close": 1508.580386, "volume": 31216494, "typical_volume": 32198363.15, "trend": 1172.262388, "fair_value": 1707.045774, "relative_strength": 7.6032, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.03757, "energy": 63.163646, "activity_lines": [ 1407.378286, 1350.282147, 1285.604849, 1234.900383 ] }, { "date": "2023-10-13", "close": 1313.982443, "volume": 26647935, "typical_volume": 32402560.55, "trend": 1175.549408, "fair_value": 1704.202999, "relative_strength": -4.097783, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.426574, "energy": 59.283198, "activity_lines": [ 1390.414578, 1350.013781, 1292.21442, 1244.043612 ] }, { "date": "2023-10-20", "close": 1256.852771, "volume": 37551623, "typical_volume": 32615568.35, "trend": 1179.486525, "fair_value": 1700.529213, "relative_strength": -4.150093, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.489097, "energy": 43.515805, "activity_lines": [ 1355.282434, 1337.57532, 1292.898959, 1249.288991 ] }, { "date": "2023-10-27", "close": 1272.920492, "volume": 51342224, "typical_volume": 33739616.5, "trend": 1187.229458, "fair_value": 1695.785373, "relative_strength": 1.310171, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.123219, "energy": 21.029561, "activity_lines": [ 1321.718753, 1327.53871, 1294.492916, 1255.316989 ] }, { "date": "2023-11-03", "close": 1189.011287, "volume": 50719841, "typical_volume": 34430175.45, "trend": 1195.328849, "fair_value": 1693.42522, "relative_strength": -9.101209, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.541071, "energy": 15.988926, "activity_lines": [ 1262.922799, 1304.482421, 1287.431534, 1255.431945 ] }, { "date": "2023-11-10", "close": 1381.823928, "volume": 45928621, "typical_volume": 35385589.55, "trend": 1211.432045, "fair_value": 1690.596798, "relative_strength": 4.763096, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.802501, "energy": 19.949175, "activity_lines": [ 1287.44095, 1318.09533, 1298.552267, 1267.463886 ] }, { "date": "2023-11-17", "close": 1238.999749, "volume": 30114391, "typical_volume": 35602407.3, "trend": 1219.153827, "fair_value": 1685.690849, "relative_strength": -7.296685, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.165014, "energy": 12.741949, "activity_lines": [ 1272.801472, 1302.65967, 1295.583229, 1269.242447 ] }, { "date": "2023-11-24", "close": 1151.51994, "volume": 24332521, "typical_volume": 35542480.85, "trend": 1223.550837, "fair_value": 1679.128545, "relative_strength": -14.002922, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.805043, "energy": 8.968389, "activity_lines": [ 1234.000903, 1272.920492, 1284.332566, 1264.878971 ] }, { "date": "2023-12-01", "close": 947.995485, "volume": 43932567, "typical_volume": 35550330.6, "trend": 1224.609116, "fair_value": 1672.478916, "relative_strength": -29.226067, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.354318, "energy": 43.317303, "activity_lines": [ 1134.381038, 1207.059069, 1254.324646, 1247.101206 ] }, { "date": "2023-12-08", "close": 1105.102082, "volume": 50623623, "typical_volume": 36412486.4, "trend": 1227.984436, "fair_value": 1666.670383, "relative_strength": -17.007495, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.381807, "energy": 43.457562, "activity_lines": [ 1108.791706, 1176.416791, 1239.79878, 1239.391075 ] }, { "date": "2023-12-15", "close": 1024.763481, "volume": 34724958, "typical_volume": 36593617.3, "trend": 1225.820356, "fair_value": 1662.051107, "relative_strength": -24.002178, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.777539, "energy": 55.384288, "activity_lines": [ 1062.016788, 1137.886723, 1217.519069, 1226.280046 ] }, { "date": "2023-12-22", "close": 938.002146, "volume": 30184160, "typical_volume": 36359649.0, "trend": 1216.676449, "fair_value": 1656.919934, "relative_strength": -30.322951, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.343817, "energy": 71.080942, "activity_lines": [ 1010.125454, 1092.378537, 1187.626148, 1207.711129 ] }, { "date": "2023-12-29", "close": 986.426731, "volume": 28065148, "typical_volume": 35111986.85, "trend": 1212.008143, "fair_value": 1652.453304, "relative_strength": -26.191628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.613866, "energy": 61.955597, "activity_lines": [ 994.442155, 1062.510827, 1163.66853, 1192.856308 ] }, { "date": "2024-01-05", "close": 1092.243417, "volume": 48081042, "typical_volume": 35191476.8, "trend": 1210.633472, "fair_value": 1648.731386, "relative_strength": -16.661001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.260604, "energy": 49.27913, "activity_lines": [ 1025.037299, 1056.799352, 1150.940361, 1185.129552 ] }, { "date": "2024-01-12", "close": 1067.134373, "volume": 53163269, "typical_volume": 36116610.95, "trend": 1207.837864, "fair_value": 1643.022533, "relative_strength": -19.823676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.848563, "energy": 36.738643, "activity_lines": [ 1037.646233, 1049.807633, 1137.266982, 1175.871545 ] }, { "date": "2024-01-19", "close": 1223.169147, "volume": 34104685, "typical_volume": 36488469.05, "trend": 1205.961649, "fair_value": 1638.922563, "relative_strength": -9.083851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.998416, "energy": 15.85416, "activity_lines": [ 1104.797939, 1073.401818, 1139.456708, 1176.86066 ] }, { "date": "2024-01-26", "close": 1199.853606, "volume": 36243265, "typical_volume": 37233303.35, "trend": 1204.308285, "fair_value": 1634.639934, "relative_strength": -11.553476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.221277, "energy": 18.962579, "activity_lines": [ 1150.950753, 1095.641445, 1139.374597, 1176.466593 ] }, { "date": "2024-02-02", "close": 1201.647109, "volume": 39894190, "typical_volume": 37796292.6, "trend": 1201.597018, "fair_value": 1630.789331, "relative_strength": -12.27791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.89719, "energy": 18.369613, "activity_lines": [ 1180.244638, 1118.918912, 1140.069252, 1176.294904 ] }, { "date": "2024-02-09", "close": 1291.322267, "volume": 30084689, "typical_volume": 37854870.3, "trend": 1209.404593, "fair_value": 1627.502502, "relative_strength": -6.534419, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.881691, "energy": 26.739664, "activity_lines": [ 1225.082217, 1157.58955, 1149.296751, 1182.08363 ] }, { "date": "2024-02-16", "close": 1302.083285, "volume": 47395757, "typical_volume": 38717550.15, "trend": 1216.688485, "fair_value": 1622.934536, "relative_strength": -4.824174, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.598387, "energy": 31.40391, "activity_lines": [ 1260.234879, 1191.974432, 1159.657014, 1188.062901 ] }, { "date": "2024-02-23", "close": 1314.637807, "volume": 30624327, "typical_volume": 38687941.8, "trend": 1221.802538, "fair_value": 1617.738789, "relative_strength": -4.54322, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.361399, "energy": 41.065727, "activity_lines": [ 1283.90912, 1225.060477, 1172.034738, 1194.382212 ] }, { "date": "2024-03-01", "close": 1237.517172, "volume": 42599932, "typical_volume": 39485541.65, "trend": 1222.522311, "fair_value": 1612.070812, "relative_strength": -10.355861, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.355722, "energy": 36.294832, "activity_lines": [ 1275.778572, 1238.854147, 1177.991175, 1195.396059 ] }, { "date": "2024-03-08", "close": 1050.992845, "volume": 63715475, "typical_volume": 40793734.25, "trend": 1216.612827, "fair_value": 1606.181022, "relative_strength": -22.576779, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -34.375493, "energy": 17.391529, "activity_lines": [ 1202.962345, 1213.288575, 1166.547511, 1184.329642 ] }, { "date": "2024-03-15", "close": 1004.361763, "volume": 50445883, "typical_volume": 40748917.2, "trend": 1203.560547, "fair_value": 1600.811238, "relative_strength": -25.326084, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.219301, "energy": 29.586021, "activity_lines": [ 1124.646041, 1178.070695, 1151.643078, 1170.636025 ] }, { "date": "2024-03-22", "close": 1026.962984, "volume": 55318701, "typical_volume": 40978860.2, "trend": 1195.202953, "fair_value": 1594.247283, "relative_strength": -24.792532, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.599743, "energy": 38.483409, "activity_lines": [ 1072.994177, 1148.559976, 1140.169992, 1159.242634 ] }, { "date": "2024-03-29", "close": 894.04047, "volume": 51093289, "typical_volume": 41237093.6, "trend": 1184.591154, "fair_value": 1587.428854, "relative_strength": -34.340477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.0772, "energy": 67.86261, "activity_lines": [ 995.376162, 1095.611916, 1116.809278, 1139.812796 ] }, { "date": "2024-04-05", "close": 762.938813, "volume": 60567021, "typical_volume": 42759725.1, "trend": 1165.785639, "fair_value": 1580.843484, "relative_strength": -43.099886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.428608, "energy": 84.003904, "activity_lines": [ 902.097418, 1024.81135, 1083.285471, 1112.609419 ] }, { "date": "2024-04-12", "close": 752.013674, "volume": 48378333, "typical_volume": 43962015.7, "trend": 1150.851391, "fair_value": 1575.040204, "relative_strength": -42.76818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.017081, "energy": 86.191905, "activity_lines": [ 836.815518, 959.968299, 1050.988131, 1085.914454 ] }, { "date": "2024-04-19", "close": 748.371962, "volume": 65457855, "typical_volume": 45038280.1, "trend": 1131.997709, "fair_value": 1569.014383, "relative_strength": -40.81224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.932751, "energy": 87.488023, "activity_lines": [ 790.251658, 902.638273, 1020.246371, 1059.948039 ] }, { "date": "2024-04-26", "close": 735.625967, "volume": 57685262, "typical_volume": 45391362.05, "trend": 1107.363253, "fair_value": 1561.888735, "relative_strength": -42.8725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.423918, "energy": 86.603266, "activity_lines": [ 756.50512, 852.862616, 989.241296, 1034.375669 ] }, { "date": "2024-05-03", "close": 792.072514, "volume": 61044587, "typical_volume": 46707343.5, "trend": 1083.479657, "fair_value": 1557.006235, "relative_strength": -38.525122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.388608, "energy": 76.775989, "activity_lines": [ 760.996566, 823.649192, 965.371493, 1014.034331 ] }, { "date": "2024-05-10", "close": 693.746271, "volume": 55790356, "typical_volume": 47987653.3, "trend": 1062.805118, "fair_value": 1551.42704, "relative_strength": -46.67886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.84935, "energy": 67.605839, "activity_lines": [ 739.510461, 786.059457, 933.245337, 988.890241 ] }, { "date": "2024-05-17", "close": 606.345166, "volume": 60222559, "typical_volume": 49595523.85, "trend": 1041.121531, "fair_value": 1546.405303, "relative_strength": -53.62031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.146235, "energy": 70.674806, "activity_lines": [ 693.50349, 742.465355, 893.95839, 959.441212 ] }, { "date": "2024-05-24", "close": 648.224862, "volume": 60186073, "typical_volume": 50200775.4, "trend": 1020.298343, "fair_value": 1541.928688, "relative_strength": -49.749089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.183355, "energy": 62.850903, "activity_lines": [ 671.167652, 714.570246, 860.469898, 934.09304 ] }, { "date": "2024-05-31", "close": 633.658011, "volume": 42427359, "typical_volume": 49663979.9, "trend": 1001.786568, "fair_value": 1537.059899, "relative_strength": -50.106929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.239458, "energy": 78.484026, "activity_lines": [ 650.65267, 690.501836, 827.708461, 909.148502 ] }, { "date": "2024-06-07", "close": 715.596547, "volume": 60350771, "typical_volume": 50976284.2, "trend": 979.578988, "fair_value": 1532.649958, "relative_strength": -43.75626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.706414, "energy": 72.290742, "activity_lines": [ 664.248398, 688.482341, 804.814867, 890.68463 ] }, { "date": "2024-06-14", "close": 721.059116, "volume": 52537021, "typical_volume": 51790972.0, "trend": 962.3143, "fair_value": 1526.150258, "relative_strength": -43.642642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.075199, "energy": 53.449038, "activity_lines": [ 684.763379, 690.700475, 784.85853, 874.005929 ] }, { "date": "2024-06-21", "close": 701.029697, "volume": 38367177, "typical_volume": 51714621.35, "trend": 947.297959, "fair_value": 1519.433632, "relative_strength": -44.791477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.450992, "energy": 43.963277, "activity_lines": [ 696.781032, 690.038345, 765.274603, 857.148857 ] }, { "date": "2024-06-28", "close": 711.24341, "volume": 37139913, "typical_volume": 52067382.55, "trend": 939.406223, "fair_value": 1512.837811, "relative_strength": -43.23098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.146525, "energy": 36.748645, "activity_lines": [ 705.890953, 692.160236, 749.047303, 841.919532 ] }, { "date": "2024-07-05", "close": 618.504659, "volume": 4031711, "typical_volume": 49899180.25, "trend": 923.186309, "fair_value": 1505.304448, "relative_strength": -50.799568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.351632, "energy": 45.94318, "activity_lines": [ 679.88672, 678.0956, 726.750021, 821.216205 ] }, { "date": "2024-07-12", "close": 553.291952, "volume": 5868461, "typical_volume": 48661386.95, "trend": 907.470591, "fair_value": 1496.523064, "relative_strength": -55.884308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.916817, "energy": 60.351127, "activity_lines": [ 633.155142, 654.303587, 701.497142, 797.352053 ] }, { "date": "2024-07-19", "close": 589.315968, "volume": 8040183, "typical_volume": 46933399.5, "trend": 895.847719, "fair_value": 1487.330744, "relative_strength": -51.505644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.093202, "energy": 66.284704, "activity_lines": [ 609.251876, 641.402859, 683.300577, 776.825948 ] }, { "date": "2024-07-26", "close": 629.404233, "volume": 4394971, "typical_volume": 43967374.3, "trend": 883.946969, "fair_value": 1479.679118, "relative_strength": -47.121126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.635882, "energy": 60.893654, "activity_lines": [ 607.494241, 637.68964, 672.008616, 759.636046 ] }, { "date": "2024-08-02", "close": 646.769657, "volume": 7660388, "typical_volume": 41828099.55, "trend": 869.097844, "fair_value": 1470.965757, "relative_strength": -43.720171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.563212, "energy": 50.625395, "activity_lines": [ 616.300112, 636.714515, 664.378068, 744.334284 ] }, { "date": "2024-08-09", "close": 677.805733, "volume": 6882978, "typical_volume": 39406313.4, "trend": 856.120222, "fair_value": 1462.097215, "relative_strength": -40.217428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.98311, "energy": 37.470181, "activity_lines": [ 639.749592, 641.408771, 661.406158, 731.992857 ] }, { "date": "2024-08-16", "close": 566.962604, "volume": 6577761, "typical_volume": 37180537.0, "trend": 834.246671, "fair_value": 1450.382297, "relative_strength": -50.932321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.969069, "energy": 41.429998, "activity_lines": [ 622.297957, 625.147045, 649.540412, 713.337527 ] }, { "date": "2024-08-23", "close": 536.850221, "volume": 5491760, "typical_volume": 34426773.95, "trend": 812.146558, "fair_value": 1440.997523, "relative_strength": -53.327958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.447483, "energy": 47.590318, "activity_lines": [ 593.897484, 606.112775, 636.364334, 694.150659 ] }, { "date": "2024-08-30", "close": 578.785871, "volume": 3756720, "typical_volume": 32195693.3, "trend": 791.384517, "fair_value": 1432.445961, "relative_strength": -49.00678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.132277, "energy": 43.919559, "activity_lines": [ 582.973278, 598.052422, 628.25874, 679.095131 ] }, { "date": "2024-09-06", "close": 665.797727, "volume": 3268552, "typical_volume": 29086228.15, "trend": 770.533699, "fair_value": 1422.681521, "relative_strength": -37.745801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.431589, "energy": 38.993009, "activity_lines": [ 604.427582, 608.035022, 629.264883, 670.992758 ] }, { "date": "2024-09-13", "close": 494.729832, "volume": 4025983, "typical_volume": 26403264.2, "trend": 743.621917, "fair_value": 1411.599161, "relative_strength": -54.706989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.064372, "energy": 47.846391, "activity_lines": [ 567.590715, 587.740652, 614.372057, 653.19896 ] }, { "date": "2024-09-20", "close": 481.982872, "volume": 6717518, "typical_volume": 23686910.75, "trend": 715.866752, "fair_value": 1399.339502, "relative_strength": -55.506406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.744751, "energy": 49.430908, "activity_lines": [ 538.709922, 567.379106, 599.412358, 636.319021 ] }, { "date": "2024-09-27", "close": 479.470121, "volume": 6655647, "typical_volume": 21230175.3, "trend": 690.598517, "fair_value": 1386.720672, "relative_strength": -54.775386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.511408, "energy": 54.303888, "activity_lines": [ 514.656861, 547.857224, 585.689968, 621.067626 ] }, { "date": "2024-10-04", "close": 499.713582, "volume": 5665873, "typical_volume": 18502341.0, "trend": 672.222542, "fair_value": 1376.024388, "relative_strength": -51.643023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.090337, "energy": 69.773723, "activity_lines": [ 501.17696, 534.013168, 574.915889, 608.752469 ] }, { "date": "2024-10-11", "close": 480.594758, "volume": 3942825, "typical_volume": 15690178.6, "trend": 654.763642, "fair_value": 1367.05366, "relative_strength": -52.888842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.18883, "energy": 67.877663, "activity_lines": [ 486.595604, 519.050975, 562.828739, 596.389386 ] }, { "date": "2024-10-18", "close": 404.3069, "volume": 5442235, "typical_volume": 13840922.4, "trend": 634.008439, "fair_value": 1358.080836, "relative_strength": -59.679013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.317137, "energy": 74.471052, "activity_lines": [ 458.931826, 493.239623, 544.274317, 580.230886 ] }, { "date": "2024-10-25", "close": 417.427662, "volume": 6226337, "typical_volume": 11134700.7, "trend": 618.121345, "fair_value": 1348.616658, "relative_strength": -56.799024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.301785, "energy": 73.319446, "activity_lines": [ 441.669831, 474.786571, 528.06164, 566.257933 ] }, { "date": "2024-11-01", "close": 452.103961, "volume": 4238179, "typical_volume": 8719758.6, "trend": 607.760184, "fair_value": 1340.171555, "relative_strength": -51.446468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.198081, "energy": 64.418029, "activity_lines": [ 440.270283, 465.357118, 516.571319, 555.547134 ] }, { "date": "2024-11-08", "close": 474.784135, "volume": 4730872, "typical_volume": 7037943.35, "trend": 598.519199, "fair_value": 1333.432221, "relative_strength": -49.916253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.605039, "energy": 51.113139, "activity_lines": [ 448.255204, 461.592174, 508.521754, 546.968034 ] }, { "date": "2024-11-15", "close": 565.50483, "volume": 3915877, "typical_volume": 5376741.55, "trend": 592.423628, "fair_value": 1326.422305, "relative_strength": -37.703343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.097497, "energy": 26.734272, "activity_lines": [ 488.14232, 476.212842, 510.189614, 544.838075 ] }, { "date": "2024-11-22", "close": 490.15417, "volume": 3320579, "typical_volume": 5341184.95, "trend": 584.241235, "fair_value": 1317.424323, "relative_strength": -45.716705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.30866, "energy": 20.36457, "activity_lines": [ 497.251877, 478.956897, 505.375215, 538.240045 ] }, { "date": "2024-11-29", "close": 502.337734, "volume": 2468153, "typical_volume": 5171169.55, "trend": 574.583409, "fair_value": 1307.187523, "relative_strength": -44.12505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.222153, "energy": 21.342755, "activity_lines": [ 504.699471, 483.99934, 502.332348, 532.955948 ] }, { "date": "2024-12-06", "close": 508.523236, "volume": 2622034, "typical_volume": 4900262.1, "trend": 568.409308, "fair_value": 1296.990373, "relative_strength": -42.747898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.376832, "energy": 20.808682, "activity_lines": [ 508.548228, 489.796331, 500.121215, 528.694002 ] }, { "date": "2024-12-13", "close": 508.148357, "volume": 3747518, "typical_volume": 4867889.45, "trend": 565.136081, "fair_value": 1286.912551, "relative_strength": -41.398034, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.065681, "energy": 14.949598, "activity_lines": [ 508.51074, 494.996924, 498.259107, 524.806199 ] }, { "date": "2024-12-20", "close": 567.379225, "volume": 3028680, "typical_volume": 4636304.05, "trend": 562.441226, "fair_value": 1278.354269, "relative_strength": -32.398966, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.972009, "energy": 9.518494, "activity_lines": [ 525.992593, 510.813406, 502.615443, 524.950918 ] }, { "date": "2024-12-27", "close": 573.211091, "volume": 1248930, "typical_volume": 4354601.65, "trend": 560.426329, "fair_value": 1270.054701, "relative_strength": -31.084378, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.87453, "energy": 16.413206, "activity_lines": [ 545.293442, 526.112327, 507.905244, 525.645748 ] }, { "date": "2025-01-03", "close": 540.391503, "volume": 1719876, "typical_volume": 4111707.4, "trend": 554.586161, "fair_value": 1259.984369, "relative_strength": -33.363939, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.736616, "energy": 17.038502, "activity_lines": [ 548.1173, 532.373066, 510.56744, 524.353178 ] }, { "date": "2025-01-10", "close": 515.305265, "volume": 2527095, "typical_volume": 3963474.15, "trend": 547.727699, "fair_value": 1250.605352, "relative_strength": -33.923193, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.90149, "energy": 14.8149, "activity_lines": [ 540.042161, 531.836964, 510.967, 521.818927 ] }, { "date": "2025-01-17", "close": 499.649944, "volume": 3561184, "typical_volume": 3953697.35, "trend": 541.01504, "fair_value": 1241.723573, "relative_strength": -36.180878, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.078895, "energy": 13.398646, "activity_lines": [ 526.296446, 527.305326, 509.978172, 518.717136 ] }, { "date": "2025-01-24", "close": 464.944172, "volume": 3748199, "typical_volume": 3977679.7, "trend": 532.805066, "fair_value": 1230.107216, "relative_strength": -40.109136, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.435432, "energy": 25.547095, "activity_lines": [ 501.548702, 516.011442, 506.060869, 513.809338 ] }, { "date": "2025-01-31", "close": 447.402668, "volume": 4846473, "typical_volume": 4018704.2, "trend": 527.101666, "fair_value": 1219.230537, "relative_strength": -40.232919, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.789717, "energy": 35.109789, "activity_lines": [ 477.782793, 503.356569, 501.429393, 508.299506 ] }, { "date": "2025-02-07", "close": 403.077362, "volume": 5764843, "typical_volume": 3971070.45, "trend": 522.094513, "fair_value": 1210.338363, "relative_strength": -44.393494, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.719915, "energy": 63.332987, "activity_lines": [ 447.62901, 483.419849, 492.801827, 500.297938 ] }, { "date": "2025-02-14", "close": 405.5294, "volume": 6033285, "typical_volume": 3939952.35, "trend": 515.968294, "fair_value": 1202.269765, "relative_strength": -43.082977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.114454, "energy": 73.403823, "activity_lines": [ 427.446849, 465.733689, 484.783528, 492.777608 ] }, { "date": "2025-02-21", "close": 407.604201, "volume": 5845984, "typical_volume": 3948957.9, "trend": 508.57496, "fair_value": 1194.347265, "relative_strength": -39.94133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.509287, "energy": 75.115969, "activity_lines": [ 415.27468, 450.29738, 477.314929, 485.786376 ] }, { "date": "2025-02-28", "close": 434.953859, "volume": 4831605, "typical_volume": 3993396.9, "trend": 501.514433, "fair_value": 1188.293264, "relative_strength": -33.350558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.50638, "energy": 67.402594, "activity_lines": [ 418.355446, 441.661812, 472.889674, 481.036628 ] }, { "date": "2025-03-07", "close": 380.631781, "volume": 6571449, "typical_volume": 4049857.6, "trend": 491.608635, "fair_value": 1182.300507, "relative_strength": -38.291799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.941349, "energy": 64.190973, "activity_lines": [ 405.328207, 425.557237, 463.508227, 473.237747 ] }, { "date": "2025-03-14", "close": 335.552001, "volume": 6533715, "typical_volume": 4065226.5, "trend": 483.894948, "fair_value": 1175.885978, "relative_strength": -42.905111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.013466, "energy": 67.666381, "activity_lines": [ 381.725767, 404.757779, 449.946205, 463.169577 ] }, { "date": "2025-03-21", "close": 327.252795, "volume": 6632852, "typical_volume": 4184960.15, "trend": 476.908367, "fair_value": 1169.905177, "relative_strength": -43.12147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.161287, "energy": 75.193087, "activity_lines": [ 359.858616, 386.17373, 435.983667, 453.063632 ] }, { "date": "2025-03-28", "close": 311.857948, "volume": 5679745, "typical_volume": 4232403.8, "trend": 468.01077, "fair_value": 1163.858891, "relative_strength": -43.745234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.977963, "energy": 83.153406, "activity_lines": [ 338.07829, 368.209754, 421.149482, 442.415218 ] }, { "date": "2025-04-04", "close": 375.299638, "volume": 9235489, "typical_volume": 4498384.4, "trend": 458.3275, "fair_value": 1158.352081, "relative_strength": -24.46274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.959626, "energy": 72.741114, "activity_lines": [ 343.828277, 365.19503, 413.133202, 436.433854 ] }, { "date": "2025-04-11", "close": 252.429135, "volume": 13287695, "typical_volume": 4996740.2, "trend": 450.25081, "fair_value": 1152.843363, "relative_strength": -50.943559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.666045, "energy": 78.561762, "activity_lines": [ 312.598377, 341.470116, 394.320709, 423.150089 ] }, { "date": "2025-04-18", "close": 227.39642, "volume": 10449811, "typical_volume": 5395823.1, "trend": 441.764595, "fair_value": 1145.547398, "relative_strength": -54.17157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.436686, "energy": 82.361241, "activity_lines": [ 281.571083, 316.738772, 374.256171, 408.772386 ] }, { "date": "2025-04-25", "close": 249.371704, "volume": 16627182, "typical_volume": 6096080.5, "trend": 434.094648, "fair_value": 1137.374179, "relative_strength": -50.940498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.150833, "energy": 74.494588, "activity_lines": [ 265.079255, 299.197133, 357.593762, 396.359942 ] }, { "date": "2025-05-02", "close": 268.862826, "volume": 14023539, "typical_volume": 6609881.55, "trend": 426.399623, "fair_value": 1128.717243, "relative_strength": -47.411377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.563506, "energy": 79.8456, "activity_lines": [ 260.276541, 288.038565, 344.021705, 385.699824 ] }, { "date": "2025-05-09", "close": 219.561753, "volume": 11534250, "typical_volume": 7035160.05, "trend": 417.698523, "fair_value": 1117.542032, "relative_strength": -55.969379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.527235, "energy": 83.952887, "activity_lines": [ 241.906477, 270.438736, 326.893763, 372.355445 ] }, { "date": "2025-05-16", "close": 257.970729, "volume": 8475912, "typical_volume": 7396509.15, "trend": 412.82065, "fair_value": 1108.073817, "relative_strength": -50.078225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.741096, "energy": 58.533144, "activity_lines": [ 246.721931, 263.738578, 315.080092, 362.050427 ] }, { "date": "2025-05-23", "close": 211.344908, "volume": 12431919, "typical_volume": 7932111.3, "trend": 405.951225, "fair_value": 1098.749379, "relative_strength": -57.207468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.787827, "energy": 60.422913, "activity_lines": [ 235.626005, 250.791198, 300.327011, 349.051992 ] }, { "date": "2025-05-30", "close": 207.140941, "volume": 10639289, "typical_volume": 8337721.0, "trend": 397.785791, "fair_value": 1090.050919, "relative_strength": -57.970077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.136347, "energy": 61.818082, "activity_lines": [ 224.198857, 239.337772, 286.740441, 336.225522 ] }, { "date": "2025-06-06", "close": 182.872583, "volume": 23381912, "typical_volume": 9328757.4, "trend": 388.055406, "fair_value": 1081.041961, "relative_strength": -62.593209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.767492, "energy": 64.513209, "activity_lines": [ 207.497641, 225.655769, 272.310048, 322.360153 ] }, { "date": "2025-06-13", "close": 171.598307, "volume": 26580189, "typical_volume": 10470356.9, "trend": 374.925189, "fair_value": 1070.190086, "relative_strength": -63.872814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.953078, "energy": 83.367737, "activity_lines": [ 192.771016, 212.269086, 258.314378, 308.395179 ] }, { "date": "2025-06-20", "close": 192.044876, "volume": 23939151, "typical_volume": 11424990.8, "trend": 364.988212, "fair_value": 1058.783152, "relative_strength": -58.523216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.069779, "energy": 77.636149, "activity_lines": [ 188.057476, 206.303622, 247.662886, 296.596449 ] }, { "date": "2025-06-27", "close": 201.593706, "volume": 33363738, "typical_volume": 12804935.55, "trend": 354.963411, "fair_value": 1045.57825, "relative_strength": -56.86188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.199338, "energy": 63.034441, "activity_lines": [ 190.921937, 203.172204, 239.136795, 286.054868 ] }, { "date": "2025-07-04", "close": 185.00322, "volume": 26181279, "typical_volume": 13812335.25, "trend": 344.179411, "fair_value": 1030.795149, "relative_strength": -60.233925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.911452, "energy": 59.967704, "activity_lines": [ 188.906317, 197.493474, 229.990104, 275.089695 ] }, { "date": "2025-07-11", "close": 181.916617, "volume": 37062215, "typical_volume": 15373146.8, "trend": 333.305019, "fair_value": 1014.808142, "relative_strength": -60.057925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.224715, "energy": 64.616142, "activity_lines": [ 187.337676, 192.42388, 221.599576, 264.621127 ] }, { "date": "2025-07-18", "close": 196.963803, "volume": 40585597, "typical_volume": 17160846.4, "trend": 320.957839, "fair_value": 999.858247, "relative_strength": -56.134216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.66412, "energy": 57.753831, "activity_lines": [ 190.848495, 191.670978, 215.716815, 255.82492 ] }, { "date": "2025-07-25", "close": 186.739433, "volume": 45770492, "typical_volume": 19120798.55, "trend": 308.07545, "fair_value": 987.576248, "relative_strength": -58.043359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.907457, "energy": 58.095808, "activity_lines": [ 189.260158, 189.469971, 209.993591, 247.165668 ] }, { "date": "2025-08-01", "close": 202.751182, "volume": 36039348, "typical_volume": 20596080.2, "trend": 296.820773, "fair_value": 975.629285, "relative_strength": -52.129454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.269179, "energy": 47.045408, "activity_lines": [ 193.362767, 191.475306, 206.718593, 240.370554 ] }, { "date": "2025-08-08", "close": 163.204091, "volume": 33152498, "typical_volume": 21922062.5, "trend": 285.084067, "fair_value": 964.037474, "relative_strength": -61.274169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.456756, "energy": 57.293639, "activity_lines": [ 184.205847, 186.446511, 200.309589, 231.750123 ] }, { "date": "2025-08-15", "close": 155.680499, "volume": 39336465, "typical_volume": 23604898.5, "trend": 273.618419, "fair_value": 949.874265, "relative_strength": -62.554788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.043497, "energy": 63.692301, "activity_lines": [ 173.994338, 180.848641, 193.965238, 223.401506 ] }, { "date": "2025-08-22", "close": 145.649041, "volume": 44938200, "typical_volume": 25390034.05, "trend": 262.975248, "fair_value": 935.381153, "relative_strength": -64.281193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.264713, "energy": 77.971622, "activity_lines": [ 162.188085, 173.921271, 187.409211, 215.145417 ] }, { "date": "2025-08-29", "close": 131.952244, "volume": 49751894, "typical_volume": 27213244.0, "trend": 252.460233, "fair_value": 919.23986, "relative_strength": -66.783029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.3435, "energy": 90.665067, "activity_lines": [ 149.237216, 164.97538, 180.642302, 206.69232 ] }, { "date": "2025-09-05", "close": 116.519233, "volume": 52966835, "typical_volume": 29339095.2, "trend": 242.908296, "fair_value": 905.124413, "relative_strength": -69.759302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.574492, "energy": 93.717389, "activity_lines": [ 134.79449, 154.31608, 172.979282, 197.921933 ] }, { "date": "2025-09-12", "close": 103.401174, "volume": 93383524, "typical_volume": 33176912.3, "trend": 232.837355, "fair_value": 889.231695, "relative_strength": -72.937403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.343425, "energy": 94.622178, "activity_lines": [ 121.727874, 142.818487, 164.59491, 188.921473 ] }, { "date": "2025-09-19", "close": 98.385445, "volume": 99421505, "typical_volume": 37446810.6, "trend": 222.530063, "fair_value": 870.772587, "relative_strength": -73.953951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.954676, "energy": 92.943264, "activity_lines": [ 110.97621, 131.892617, 156.427946, 180.247156 ] }, { "date": "2025-09-26", "close": 89.068701, "volume": 89341967, "typical_volume": 41337196.45, "trend": 211.000558, "fair_value": 855.562652, "relative_strength": -75.768351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.89989, "energy": 93.114377, "activity_lines": [ 100.938634, 120.791541, 148.185471, 171.636746 ] }, { "date": "2025-10-03", "close": 83.013592, "volume": 141459464, "typical_volume": 47986374.05, "trend": 201.079951, "fair_value": 841.265625, "relative_strength": -77.062545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.105297, "energy": 91.375988, "activity_lines": [ 92.654712, 110.551266, 139.987715, 163.379522 ] }, { "date": "2025-10-10", "close": 81.841635, "volume": 187802220, "typical_volume": 56754889.1, "trend": 192.622939, "fair_value": 824.51538, "relative_strength": -76.222075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.514753, "energy": 87.444178, "activity_lines": [ 87.242714, 101.983833, 132.511472, 155.686728 ] }, { "date": "2025-10-17", "close": 74.223917, "volume": 219311632, "typical_volume": 67188506.25, "trend": 184.188643, "fair_value": 810.328007, "relative_strength": -78.339436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.027536, "energy": 84.966684, "activity_lines": [ 81.603317, 94.229715, 124.926415, 148.048081 ] }, { "date": "2025-10-24", "close": 84.966853, "volume": 224522916, "typical_volume": 77245556.45, "trend": 176.625607, "fair_value": 796.39763, "relative_strength": -75.114595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.000122, "energy": 67.516222, "activity_lines": [ 81.490048, 90.046679, 118.997433, 141.646675 ] }, { "date": "2025-10-31", "close": 86.334135, "volume": 209051048, "typical_volume": 86369099.4, "trend": 166.993423, "fair_value": 784.246664, "relative_strength": -74.229179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.123599, "energy": 65.789523, "activity_lines": [ 82.727113, 87.397943, 113.664886, 135.821419 ] }, { "date": "2025-11-07", "close": 86.920114, "volume": 172519239, "typical_volume": 93798103.8, "trend": 161.476456, "fair_value": 774.877157, "relative_strength": -72.910812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.400929, "energy": 64.372868, "activity_lines": [ 84.341809, 85.934202, 108.794167, 130.655399 ] }, { "date": "2025-11-14", "close": 77.935113, "volume": 183335710, "typical_volume": 101296702.4, "trend": 156.494413, "fair_value": 764.774994, "relative_strength": -74.875697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.879447, "energy": 64.617511, "activity_lines": [ 82.70107, 83.655589, 103.568327, 125.265635 ] }, { "date": "2025-11-21", "close": 83.59957, "volume": 190832799, "typical_volume": 109529278.4, "trend": 150.968675, "fair_value": 755.738331, "relative_strength": -71.689252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.482102, "energy": 57.170062, "activity_lines": [ 83.208918, 83.108408, 99.470809, 120.562742 ] }, { "date": "2025-11-28", "close": 60.55109, "volume": 72618699, "typical_volume": 111307102.6, "trend": 144.02495, "fair_value": 747.704841, "relative_strength": -79.563097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.452816, "energy": 69.47209, "activity_lines": [ 75.408895, 78.730623, 93.661073, 114.729349 ] }, { "date": "2025-12-05", "close": 63.676308, "volume": 192062906, "typical_volume": 118880968.05, "trend": 138.828769, "fair_value": 739.038458, "relative_strength": -77.839301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.351894, "energy": 68.603636, "activity_lines": [ 70.27833, 75.608957, 88.726908, 109.545566 ] }, { "date": "2025-12-12", "close": 54.691307, "volume": 252216992, "typical_volume": 129203293.05, "trend": 132.052788, "fair_value": 730.059949, "relative_strength": -80.154393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.377866, "energy": 73.663643, "activity_lines": [ 63.663286, 71.315334, 83.571731, 104.117343 ] }, { "date": "2025-12-19", "close": 51.56609, "volume": 263998634, "typical_volume": 140601257.35, "trend": 126.726827, "fair_value": 721.725399, "relative_strength": -80.482129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.301317, "energy": 85.793015, "activity_lines": [ 58.15509, 66.96844, 78.747714, 98.924652 ] }, { "date": "2025-12-26", "close": 46.135258, "volume": 136503795, "typical_volume": 145768822.2, "trend": 121.359971, "fair_value": 713.190038, "relative_strength": -81.972868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.345006, "energy": 87.256046, "activity_lines": [ 52.594552, 62.184587, 74.126405, 93.725196 ] }, { "date": "2026-01-02", "close": 52.247194, "volume": 191661736, "typical_volume": 153385085.75, "trend": 117.005792, "fair_value": 706.420236, "relative_strength": -78.423172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.69899, "energy": 70.834053, "activity_lines": [ 51.568946, 59.022698, 70.644655, 89.266307 ] }, { "date": "2026-01-09", "close": 44.952302, "volume": 247216490, "typical_volume": 163499000.25, "trend": 112.784258, "fair_value": 699.935669, "relative_strength": -80.86203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.312209, "energy": 68.975883, "activity_lines": [ 48.665303, 55.129368, 66.960693, 84.617695 ] }, { "date": "2026-01-16", "close": 40.41764, "volume": 244235838, "typical_volume": 173223197.45, "trend": 107.730017, "fair_value": 693.410966, "relative_strength": -81.923768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.493009, "energy": 70.158857, "activity_lines": [ 45.498373, 51.163951, 63.324367, 79.948881 ] }, { "date": "2026-01-23", "close": 30.953998, "volume": 187184016, "typical_volume": 179934056.5, "trend": 102.042027, "fair_value": 686.571069, "relative_strength": -85.477848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.354954, "energy": 73.437936, "activity_lines": [ 40.128473, 46.323371, 59.222621, 74.99559 ] }, { "date": "2026-01-30", "close": 39.826163, "volume": 387217665, "typical_volume": 194625763.55, "trend": 97.202791, "fair_value": 678.836322, "relative_strength": -80.54935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.336996, "energy": 66.853267, "activity_lines": [ 39.090102, 43.950114, 56.373296, 70.981663 ] }, { "date": "2026-02-06", "close": 36.277297, "volume": 337877396, "typical_volume": 206548558.1, "trend": 92.348147, "fair_value": 670.503365, "relative_strength": -81.49476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.51727, "energy": 67.874173, "activity_lines": [ 37.289381, 41.727489, 53.488723, 67.050986 ] }, { "date": "2026-02-13", "close": 30.559679, "volume": 216264664, "typical_volume": 212894692.95, "trend": 86.801343, "fair_value": 661.624697, "relative_strength": -83.506708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.252871, "energy": 70.152148, "activity_lines": [ 34.647447, 38.906639, 50.355367, 63.064633 ] }, { "date": "2026-02-20", "close": 27.79945, "volume": 146398951, "typical_volume": 213141667.3, "trend": 81.503344, "fair_value": 651.809812, "relative_strength": -84.451699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.716923, "energy": 69.685173, "activity_lines": [ 32.044945, 36.186049, 47.237747, 59.258059 ] }, { "date": "2026-02-27", "close": 22.87047, "volume": 167921697, "typical_volume": 212147641.15, "trend": 75.50732, "fair_value": 643.136384, "relative_strength": -86.432803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.549026, "energy": 87.016537, "activity_lines": [ 28.640663, 33.058224, 43.913624, 55.475293 ] }, { "date": "2026-03-06", "close": 29.386582, "volume": 230348771, "typical_volume": 212699498.1, "trend": 71.046736, "fair_value": 633.375938, "relative_strength": -81.299893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.422445, "energy": 73.878915, "activity_lines": [ 27.94732, 31.636886, 41.490899, 52.499762 ] }, { "date": "2026-03-13", "close": 34.995762, "volume": 3521886, "typical_volume": 201649446.6, "trend": 67.023912, "fair_value": 625.809425, "relative_strength": -76.318847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.723136, "energy": 65.127295, "activity_lines": [ 29.819675, 31.539919, 39.815892, 50.173892 ] }, { "date": "2026-03-20", "close": 47.564662, "volume": 2538056, "typical_volume": 191323797.0, "trend": 63.754433, "fair_value": 618.814716, "relative_strength": -65.710016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.823564, "energy": 46.337273, "activity_lines": [ 35.9671, 34.04187, 39.575881, 48.918457 ] }, { "date": "2026-03-27", "close": 41.58, "volume": 2273122, "typical_volume": 182811491.15, "trend": 60.742024, "fair_value": 612.410533, "relative_strength": -67.89026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.850721, "energy": 26.578169, "activity_lines": [ 38.985971, 35.408202, 38.950519, 47.487848 ] }, { "date": "2026-04-03", "close": 33.18, "volume": 2529094, "typical_volume": 173771160.35, "trend": 57.96405, "fair_value": 606.558934, "relative_strength": -73.47638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.512312, "energy": 28.212699, "activity_lines": [ 38.286139, 35.226128, 37.741063, 45.709653 ] }, { "date": "2026-04-10", "close": 29.82, "volume": 3242528, "typical_volume": 164391646.8, "trend": 55.511344, "fair_value": 600.98901, "relative_strength": -75.937741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.746944, "energy": 27.998684, "activity_lines": [ 35.779006, 34.392673, 36.424725, 43.893908 ] }, { "date": "2026-04-17", "close": 27.74, "volume": 3179389, "typical_volume": 160919681.3, "trend": 53.156496, "fair_value": 594.709483, "relative_strength": -77.645405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.890529, "energy": 45.490448, "activity_lines": [ 32.549644, 33.362965, 35.166386, 42.102208 ] }, { "date": "2026-04-24", "close": 31.35365, "volume": 2246706, "typical_volume": 151428871.3, "trend": 51.232661, "fair_value": 588.374509, "relative_strength": -73.667586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.333463, "energy": 46.326441, "activity_lines": [ 31.00855, 33.145509, 34.408447, 40.695573 ] }, { "date": "2026-05-01", "close": 35.716329, "volume": 3518063, "typical_volume": 138993924.85, "trend": 49.656086, "fair_value": 582.73008, "relative_strength": -68.73155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.112685, "energy": 42.294897, "activity_lines": [ 32.002416, 33.706831, 34.219919, 39.69452 ] }, { "date": "2026-05-08", "close": 29.256782, "volume": 3490076, "typical_volume": 125968496.95, "trend": 47.903257, "fair_value": 576.482736, "relative_strength": -73.853389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.756231, "energy": 41.362267, "activity_lines": [ 31.234012, 32.949747, 33.506553, 38.378435 ] }, { "date": "2026-05-15", "close": 33.669149, "volume": 5206215, "typical_volume": 119403617.95, "trend": 46.551432, "fair_value": 569.713398, "relative_strength": -68.396344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.16373, "energy": 29.603053, "activity_lines": [ 32.197944, 32.878796, 33.319647, 37.460106 ] }, { "date": "2026-05-22", "close": 36.302657, "volume": 2983608, "typical_volume": 109969711.55, "trend": 44.929292, "fair_value": 562.17483, "relative_strength": -64.711244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.187275, "energy": 17.845402, "activity_lines": [ 33.783102, 33.208801, 33.442914, 36.798895 ] }, { "date": "2026-05-29", "close": 31.462966, "volume": 1825497, "typical_volume": 97700161.9, "trend": 43.100253, "fair_value": 555.155516, "relative_strength": -68.47472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.860071, "energy": 21.549234, "activity_lines": [ 33.184187, 32.635099, 33.181184, 35.930099 ] }, { "date": "2026-06-05", "close": 42.334881, "volume": 2692926, "typical_volume": 85623016.3, "trend": 41.614078, "fair_value": 548.160973, "relative_strength": -54.838056, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.596893, "energy": 6.518169, "activity_lines": [ 36.201955, 34.330868, 34.01911, 35.880721 ] }, { "date": "2026-06-12", "close": 38.508841, "volume": 2578916, "typical_volume": 76392761.3, "trend": 40.299869, "fair_value": 541.029603, "relative_strength": -57.620844, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.233066, "energy": 12.7245, "activity_lines": [ 37.503139, 35.317268, 34.483521, 35.680383 ] }, { "date": "2026-06-19", "close": 35.626889, "volume": 3013422, "typical_volume": 57182549.15, "trend": 38.70078, "fair_value": 533.056342, "relative_strength": -59.378769, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.781, "energy": 12.111513, "activity_lines": [ 37.226869, 35.682789, 34.637485, 35.3789 ] }, { "date": "2026-06-26", "close": 40.25, "volume": 2344717, "typical_volume": 40405915.2, "trend": 38.024077, "fair_value": 525.305031, "relative_strength": -50.763048, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.147217, "energy": 19.866676, "activity_lines": [ 38.36112, 36.783295, 35.251742, 35.47885 ] }, { "date": "2026-07-03", "close": 37.94, "volume": 1441315, "typical_volume": 29664747.75, "trend": 37.1662, "fair_value": 517.323972, "relative_strength": -52.553471, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.07987, "energy": 22.833216, "activity_lines": [ 38.462215, 37.236347, 35.627081, 35.473425 ] }, { "date": "2026-07-10", "close": 40.48, "volume": 1732543, "typical_volume": 22431427.35, "trend": 36.69249, "fair_value": 510.807209, "relative_strength": -47.802848, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.703005, "energy": 22.631287, "activity_lines": [ 38.978175, 38.031465, 36.209181, 35.687219 ] }, { "date": "2026-07-17", "close": 45.98, "volume": 1728541, "typical_volume": 14121769.55, "trend": 36.506287, "fair_value": 504.156014, "relative_strength": -36.756273, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.101417, "energy": 42.320583, "activity_lines": [ 41.451126, 39.739971, 37.254706, 36.286413 ] }, { "date": "2026-07-24", "close": 40.32, "volume": 1397775, "typical_volume": 2674219.75, "trend": 36.312445, "fair_value": 496.970781, "relative_strength": -41.429929, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.55874, "energy": 40.542189, "activity_lines": [ 41.539333, 40.115328, 37.651139, 36.532459 ] }, { "date": "2026-07-31", "close": 41.91, "volume": 1540496, "typical_volume": 2575150.25, "trend": 35.967872, "fair_value": 489.445051, "relative_strength": -36.175543, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.42938, "energy": 41.452052, "activity_lines": [ 41.844667, 40.658851, 38.146936, 36.893592 ] }, { "date": "2026-08-07", "close": 26.58, "volume": 2761043, "typical_volume": 2586299.6, "trend": 35.355462, "fair_value": 481.741863, "relative_strength": -58.87381, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.935609, "energy": 5.724073, "activity_lines": [ 36.929333, 38.31315, 37.149809, 36.287923 ] } ], "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." } } }