{ "ticker": { "uuid": "04d4ddde-3b09-46e4-9828-f76df528a2bf", "symbol": "CCEUAS", "name": "UBS CMCI Composite SF UCITS ETF hEUR acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 79.627, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 65.624, "architecture_energy": 67.552, "architecture_maturity": 9.212, "architecture_confidence": 65.136, "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": 22.37, "rotation_up": 72.93, "upward_expansion": 86.74, "deceleration": 46.23, "rotation_down": 11.88, "downward_expansion": 15.74 }, "activity_lines": [ 102.106, 100.451636, 100.288666, 99.148989 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 102.980003, "trend_reference": 96.681333, "distance_from_trend": 0.065149, "trend_direction": "Improving", "fair_value": 82.792115, "distance_from_fair_value": 0.243838, "fair_value_direction": "Weakening", "relative_strength": -2.297202, "relative_strength_direction": "Weakening", "price_momentum": 0.174097, "excess_performance": 0.003205, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065149, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059626, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.243838, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.022856, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.022972, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.073084, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.174097, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.908405, "read": "Supply-led" } ], "volume": { "latest": 10946, "relative_activity": 1.396405, "balance": 0.908405, "dry_up": 1.210915, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.02775, "annualized_volatility": 0.125391, "from_high_reference": -0.033687, "from_low_reference": 0.292582 }, "levels": { "trend_reference": 96.681333, "fair_value_reference": 82.792115, "structural_low": 85.980003, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.012795, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.005751, "regime_survival": 0.733333, "best_return": 0.117167, "worst_return": -0.106897, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.002249, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.046167, "regime_survival": 0.416667, "best_return": 0.22879, "worst_return": -0.153254, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.022595, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.037267, "regime_survival": 0.25, "best_return": 0.174661, "worst_return": -0.041452, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.086459, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.111845, "regime_survival": 0.0, "best_return": 0.211477, "worst_return": -0.039653, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": 0.016713, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2024-10-11", "tenure": "Developing", "return": 0.083166, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": 0.002821, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-01-17", "tenure": "Developing", "return": 0.035432, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-03-14", "tenure": "Developing", "return": -0.007378, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.000367, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.003235, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.003545, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-04", "tenure": "Developing", "return": 0.012534, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": -0.000492, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": 0.016879, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2026-06-12", "tenure": "Extended", "return": 0.198428, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-24", "tenure": "Developing", "return": 0.056461, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.013982, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 77.650002, "volume": 5205, "typical_volume": 11004.55, "trend": 76.727334, "fair_value": 70.084872, "relative_strength": -7.853555, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.141555, "energy": 51.143171, "activity_lines": [ 78.337334, 77.649455, 76.599858, 76.506603 ] }, { "date": "2023-08-25", "close": 78.440002, "volume": 7686, "typical_volume": 11016.1, "trend": 76.654, "fair_value": 70.281186, "relative_strength": -7.868644, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.255129, "energy": 34.083109, "activity_lines": [ 78.335335, 77.906365, 76.801286, 76.617097 ] }, { "date": "2023-09-01", "close": 79.57, "volume": 9174, "typical_volume": 11080.4, "trend": 76.692, "fair_value": 70.490513, "relative_strength": -7.545267, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.147506, "energy": 44.012728, "activity_lines": [ 78.690668, 78.337274, 77.107286, 76.805226 ] }, { "date": "2023-09-08", "close": 79.610001, "volume": 9687, "typical_volume": 10365.4, "trend": 76.715334, "fair_value": 70.702885, "relative_strength": -5.723702, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.041686, "energy": 43.586317, "activity_lines": [ 79.030001, 78.692728, 77.413001, 76.993484 ] }, { "date": "2023-09-15", "close": 80.779999, "volume": 10044, "typical_volume": 10584.75, "trend": 76.810334, "fair_value": 70.914039, "relative_strength": -6.071897, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.697367, "energy": 69.168226, "activity_lines": [ 79.705334, 79.166364, 77.820191, 77.255721 ] }, { "date": "2023-09-22", "close": 79.629997, "volume": 7607, "typical_volume": 10577.3, "trend": 76.893334, "fair_value": 71.126571, "relative_strength": -5.920017, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.88195, "energy": 67.191448, "activity_lines": [ 79.845332, 79.325273, 78.097476, 77.437635 ] }, { "date": "2023-09-29", "close": 79.459999, "volume": 8428, "typical_volume": 10290.4, "trend": 76.916334, "fair_value": 71.340705, "relative_strength": -4.521174, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.745968, "energy": 60.049225, "activity_lines": [ 79.796665, 79.404182, 78.339191, 77.603226 ] }, { "date": "2023-10-06", "close": 77.080002, "volume": 10277, "typical_volume": 10190.0, "trend": 76.923334, "fair_value": 71.528205, "relative_strength": -5.361972, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.423931, "energy": 25.482567, "activity_lines": [ 78.886666, 79.026546, 78.328381, 77.613785 ] }, { "date": "2023-10-13", "close": 78.489998, "volume": 11287, "typical_volume": 10277.2, "trend": 77.055, "fair_value": 71.724776, "relative_strength": -4.545391, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.332512, "energy": 18.997378, "activity_lines": [ 78.612666, 78.942545, 78.439143, 77.71486 ] }, { "date": "2023-10-20", "close": 79.660004, "volume": 5421, "typical_volume": 10116.05, "trend": 77.211, "fair_value": 71.928045, "relative_strength": 0.381259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.366593, "energy": 22.325743, "activity_lines": [ 78.803334, 79.076909, 78.638905, 77.882925 ] }, { "date": "2023-10-27", "close": 78.82, "volume": 14479, "typical_volume": 10127.6, "trend": 77.268, "fair_value": 72.138397, "relative_strength": -0.113129, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.333804, "energy": 19.155274, "activity_lines": [ 78.788668, 79.037455, 78.729429, 77.986731 ] }, { "date": "2023-11-03", "close": 79.040001, "volume": 7034, "typical_volume": 9865.7, "trend": 77.309333, "fair_value": 72.340513, "relative_strength": -4.27169, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.246323, "energy": 22.33084, "activity_lines": [ 78.901334, 79.016728, 78.819858, 78.101054 ] }, { "date": "2023-11-10", "close": 77.07, "volume": 14424, "typical_volume": 9924.2, "trend": 77.254667, "fair_value": 72.523462, "relative_strength": -5.743592, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.303655, "energy": 5.768587, "activity_lines": [ 78.385334, 78.626909, 78.711572, 78.085613 ] }, { "date": "2023-11-17", "close": 77.199997, "volume": 10174, "typical_volume": 9994.65, "trend": 77.244, "fair_value": 72.701667, "relative_strength": -8.441207, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.856468, "energy": 11.258571, "activity_lines": [ 77.913333, 78.306182, 78.605905, 78.082086 ] }, { "date": "2023-11-24", "close": 77.639999, "volume": 10237, "typical_volume": 9938.25, "trend": 77.282, "fair_value": 72.874551, "relative_strength": -7.400044, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.026927, "energy": 16.563412, "activity_lines": [ 77.673999, 78.109272, 78.528857, 78.107634 ] }, { "date": "2023-12-01", "close": 77.559998, "volume": 6496, "typical_volume": 9892.5, "trend": 77.348667, "fair_value": 73.047308, "relative_strength": -8.646573, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.807276, "energy": 18.425783, "activity_lines": [ 77.542665, 77.954908, 78.431476, 78.12557 ] }, { "date": "2023-12-08", "close": 75.190002, "volume": 12723, "typical_volume": 9914.55, "trend": 77.387334, "fair_value": 73.20141, "relative_strength": -12.403311, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.945408, "energy": 48.964139, "activity_lines": [ 76.705333, 77.407273, 78.105381, 77.986301 ] }, { "date": "2023-12-15", "close": 75.660004, "volume": 14908, "typical_volume": 10208.0, "trend": 77.429, "fair_value": 73.349551, "relative_strength": -11.307209, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.815639, "energy": 52.118019, "activity_lines": [ 76.281334, 77.022728, 77.838143, 77.874861 ] }, { "date": "2023-12-22", "close": 76.040001, "volume": 19821, "typical_volume": 10475.1, "trend": 77.504334, "fair_value": 73.501667, "relative_strength": -10.322249, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.653794, "energy": 49.479448, "activity_lines": [ 76.078001, 76.733092, 77.623619, 77.785248 ] }, { "date": "2023-12-29", "close": 75.730003, "volume": 5140, "typical_volume": 10012.6, "trend": 77.578, "fair_value": 73.65, "relative_strength": -10.173148, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.750033, "energy": 52.670524, "activity_lines": [ 75.848669, 76.431637, 77.392715, 77.670775 ] }, { "date": "2024-01-05", "close": 75.5, "volume": 12760, "typical_volume": 10390.35, "trend": 77.614667, "fair_value": 73.786026, "relative_strength": -10.355607, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.069306, "energy": 56.757779, "activity_lines": [ 75.670002, 76.159819, 77.153096, 77.53671 ] }, { "date": "2024-01-12", "close": 75.080002, "volume": 8164, "typical_volume": 10414.25, "trend": 77.560334, "fair_value": 73.916218, "relative_strength": -10.550653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.351307, "energy": 54.905684, "activity_lines": [ 75.488668, 75.872001, 76.883715, 77.373183 ] }, { "date": "2024-01-19", "close": 74.870003, "volume": 15918, "typical_volume": 10751.45, "trend": 77.555334, "fair_value": 74.045898, "relative_strength": -9.839927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.34083, "energy": 56.206081, "activity_lines": [ 75.244669, 75.618002, 76.610334, 77.199614 ] }, { "date": "2024-01-26", "close": 76.519997, "volume": 13841, "typical_volume": 10959.15, "trend": 77.625667, "fair_value": 74.187757, "relative_strength": -7.797414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.174142, "energy": 37.54149, "activity_lines": [ 75.603334, 75.704001, 76.516477, 77.132818 ] }, { "date": "2024-02-02", "close": 75.32, "volume": 11043, "typical_volume": 11009.1, "trend": 77.637334, "fair_value": 74.312116, "relative_strength": -9.954542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.77286, "energy": 36.192553, "activity_lines": [ 75.53, 75.584183, 76.323048, 76.984065 ] }, { "date": "2024-02-09", "close": 75.68, "volume": 11641, "typical_volume": 11210.8, "trend": 77.595667, "fair_value": 74.431154, "relative_strength": -10.502316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.756952, "energy": 27.982361, "activity_lines": [ 75.604, 75.572001, 76.189905, 76.857785 ] }, { "date": "2024-02-16", "close": 75.580002, "volume": 14419, "typical_volume": 11510.35, "trend": 77.51, "fair_value": 74.540321, "relative_strength": -11.977073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.974335, "energy": 22.937737, "activity_lines": [ 75.632667, 75.575819, 76.066048, 76.727743 ] }, { "date": "2024-02-23", "close": 75.290001, "volume": 8997, "typical_volume": 11446.35, "trend": 77.382001, "fair_value": 74.644231, "relative_strength": -14.575477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.23547, "energy": 27.040748, "activity_lines": [ 75.531334, 75.519819, 75.933048, 76.584517 ] }, { "date": "2024-03-01", "close": 76.059998, "volume": 12313, "typical_volume": 11497.65, "trend": 77.290667, "fair_value": 74.752372, "relative_strength": -13.992376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.986813, "energy": 21.078081, "activity_lines": [ 75.658667, 75.610546, 75.881905, 76.499226 ] }, { "date": "2024-03-08", "close": 76.309998, "volume": 14033, "typical_volume": 11928.25, "trend": 77.217667, "fair_value": 74.859039, "relative_strength": -14.597705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.082489, "energy": 17.238089, "activity_lines": [ 75.899999, 75.746363, 75.866143, 76.435957 ] }, { "date": "2024-03-15", "close": 78.410004, "volume": 17986, "typical_volume": 12103.6, "trend": 77.243, "fair_value": 74.986859, "relative_strength": -13.250733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.271013, "energy": 15.029366, "activity_lines": [ 76.775334, 76.253455, 76.066334, 76.512882 ] }, { "date": "2024-03-22", "close": 78.279999, "volume": 8580, "typical_volume": 12180.9, "trend": 77.237667, "fair_value": 75.115128, "relative_strength": -14.030563, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.10605, "energy": 39.91076, "activity_lines": [ 77.425333, 76.684, 76.256096, 76.579785 ] }, { "date": "2024-03-29", "close": 78.980003, "volume": 9168, "typical_volume": 11918.1, "trend": 77.218, "fair_value": 75.251282, "relative_strength": -13.918607, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.742093, "energy": 58.99178, "activity_lines": [ 78.128668, 77.183637, 76.516144, 76.692194 ] }, { "date": "2024-04-05", "close": 81.32, "volume": 12464, "typical_volume": 12032.6, "trend": 77.275, "fair_value": 75.396923, "relative_strength": -9.132769, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.684948, "energy": 78.526816, "activity_lines": [ 79.366001, 78.034001, 76.989953, 76.956839 ] }, { "date": "2024-04-12", "close": 81.419998, "volume": 9343, "typical_volume": 11987.9, "trend": 77.296334, "fair_value": 75.533077, "relative_strength": -8.078331, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.51697, "energy": 82.623719, "activity_lines": [ 80.286, 78.815273, 77.453667, 77.224258 ] }, { "date": "2024-04-19", "close": 81.220001, "volume": 13059, "typical_volume": 12316.05, "trend": 77.349334, "fair_value": 75.661539, "relative_strength": -8.463081, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.332777, "energy": 90.534498, "activity_lines": [ 80.798667, 79.449273, 77.880334, 77.477398 ] }, { "date": "2024-04-26", "close": 82.07, "volume": 14357, "typical_volume": 12397.75, "trend": 77.436334, "fair_value": 75.79, "relative_strength": -8.101, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.824176, "energy": 92.456709, "activity_lines": [ 81.407333, 80.137091, 78.370524, 77.781957 ] }, { "date": "2024-05-03", "close": 80.660004, "volume": 29990, "typical_volume": 13151.85, "trend": 77.555667, "fair_value": 75.891218, "relative_strength": -7.764181, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.126194, "energy": 83.167712, "activity_lines": [ 81.293335, 80.450546, 78.693667, 77.989936 ] }, { "date": "2024-05-10", "close": 81.18, "volume": 14597, "typical_volume": 12890.65, "trend": 77.645334, "fair_value": 76.002885, "relative_strength": -9.679523, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.736131, "energy": 61.446007, "activity_lines": [ 81.240668, 80.76091, 79.042524, 78.223764 ] }, { "date": "2024-05-17", "close": 82.690002, "volume": 9967, "typical_volume": 13132.0, "trend": 77.746334, "fair_value": 76.130769, "relative_strength": -9.681527, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.682937, "energy": 67.205446, "activity_lines": [ 81.700668, 81.252728, 79.510715, 78.549227 ] }, { "date": "2024-05-24", "close": 82.339996, "volume": 8330, "typical_volume": 12910.5, "trend": 77.863667, "fair_value": 76.245449, "relative_strength": -7.43833, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.868789, "energy": 61.369883, "activity_lines": [ 81.959333, 81.564909, 79.912429, 78.845592 ] }, { "date": "2024-05-31", "close": 81.339996, "volume": 8901, "typical_volume": 12947.35, "trend": 77.940334, "fair_value": 76.349487, "relative_strength": -8.320469, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.150192, "energy": 53.386834, "activity_lines": [ 81.809998, 81.623818, 80.186333, 79.069871 ] }, { "date": "2024-06-07", "close": 79.879997, "volume": 10078, "typical_volume": 12655.35, "trend": 78.034, "fair_value": 76.440192, "relative_strength": -10.110494, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.182565, "energy": 40.157024, "activity_lines": [ 81.222664, 81.361635, 80.291381, 79.195011 ] }, { "date": "2024-06-14", "close": 80.690002, "volume": 25046, "typical_volume": 13215.6, "trend": 78.150334, "fair_value": 76.553718, "relative_strength": -3.448424, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.434809, "energy": 30.002899, "activity_lines": [ 80.957332, 81.230363, 80.449714, 79.366366 ] }, { "date": "2024-06-21", "close": 80.559998, "volume": 13606, "typical_volume": 13343.75, "trend": 78.247667, "fair_value": 76.660705, "relative_strength": -5.226571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.923765, "energy": 23.445181, "activity_lines": [ 80.681332, 81.086908, 80.575809, 79.521828 ] }, { "date": "2024-06-28", "close": 80.379997, "volume": 19533, "typical_volume": 13738.35, "trend": 78.341667, "fair_value": 76.75641, "relative_strength": -4.844716, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.991285, "energy": 22.633864, "activity_lines": [ 80.487332, 80.926362, 80.659809, 79.659398 ] }, { "date": "2024-07-05", "close": 81.989998, "volume": 8300, "typical_volume": 13432.4, "trend": 78.568333, "fair_value": 76.86891, "relative_strength": -5.115227, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.006534, "energy": 27.694397, "activity_lines": [ 80.960665, 81.073816, 80.874761, 79.894774 ] }, { "date": "2024-07-12", "close": 79.870003, "volume": 14858, "typical_volume": 13725.45, "trend": 78.708667, "fair_value": 76.962628, "relative_strength": -8.895728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.866047, "energy": 13.649393, "activity_lines": [ 80.684, 80.837272, 80.857285, 79.978752 ] }, { "date": "2024-07-19", "close": 77.989998, "volume": 15961, "typical_volume": 13907.85, "trend": 78.773667, "fair_value": 77.043718, "relative_strength": -9.797631, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.189751, "energy": 12.983294, "activity_lines": [ 79.781333, 80.273272, 80.638952, 79.932387 ] }, { "date": "2024-07-26", "close": 76.57, "volume": 12373, "typical_volume": 13824.85, "trend": 78.801667, "fair_value": 77.110192, "relative_strength": -10.095979, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.515713, "energy": 45.087283, "activity_lines": [ 78.585333, 79.50909, 80.27619, 79.790215 ] }, { "date": "2024-08-02", "close": 75.389999, "volume": 12664, "typical_volume": 13558.75, "trend": 78.798, "fair_value": 77.174936, "relative_strength": -6.236796, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.324885, "energy": 72.581006, "activity_lines": [ 77.262, 78.641636, 79.799809, 79.570107 ] }, { "date": "2024-08-09", "close": 75.760002, "volume": 16065, "typical_volume": 13933.0, "trend": 78.820667, "fair_value": 77.23641, "relative_strength": -4.787753, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.686654, "energy": 75.771365, "activity_lines": [ 76.394667, 77.967818, 79.373047, 79.374107 ] }, { "date": "2024-08-16", "close": 75.839996, "volume": 4200, "typical_volume": 13684.6, "trend": 78.853, "fair_value": 77.316218, "relative_strength": -7.964389, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.584897, "energy": 76.177341, "activity_lines": [ 75.969332, 77.409999, 78.965904, 79.181806 ] }, { "date": "2024-08-23", "close": 76.699997, "volume": 6786, "typical_volume": 13400.7, "trend": 78.859, "fair_value": 77.384872, "relative_strength": -8.250544, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.658641, "energy": 71.789372, "activity_lines": [ 76.099332, 77.081999, 78.655618, 79.042902 ] }, { "date": "2024-08-30", "close": 76.650002, "volume": 10895, "typical_volume": 13478.3, "trend": 78.903333, "fair_value": 77.450257, "relative_strength": -9.857001, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.843338, "energy": 64.76127, "activity_lines": [ 76.298666, 76.817454, 78.362571, 78.900386 ] }, { "date": "2024-09-06", "close": 74.669998, "volume": 11793, "typical_volume": 13415.0, "trend": 78.869666, "fair_value": 77.503398, "relative_strength": -8.923087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.416655, "energy": 67.196293, "activity_lines": [ 75.832666, 76.263999, 77.903666, 78.627268 ] }, { "date": "2024-09-13", "close": 75.889999, "volume": 18512, "typical_volume": 13622.75, "trend": 78.88, "fair_value": 77.564551, "relative_strength": -7.813835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.793958, "energy": 52.382448, "activity_lines": [ 75.821332, 76.036181, 77.592142, 78.435032 ] }, { "date": "2024-09-20", "close": 77.25, "volume": 12025, "typical_volume": 12724.5, "trend": 78.945333, "fair_value": 77.630577, "relative_strength": -6.334839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.827436, "energy": 41.074455, "activity_lines": [ 76.254666, 76.166545, 77.439571, 78.32987 ] }, { "date": "2024-09-27", "close": 78.849998, "volume": 10362, "typical_volume": 12512.75, "trend": 79.038333, "fair_value": 77.702308, "relative_strength": -6.652606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.494873, "energy": 23.699459, "activity_lines": [ 77.127332, 76.635454, 77.455618, 78.32372 ] }, { "date": "2024-10-04", "close": 80.870003, "volume": 10879, "typical_volume": 12558.35, "trend": 79.190333, "fair_value": 77.776154, "relative_strength": -0.746427, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 4.321231, "energy": 20.780237, "activity_lines": [ 78.53, 77.456, 77.675142, 78.441892 ] }, { "date": "2024-10-11", "close": 80.879997, "volume": 10721, "typical_volume": 12677.9, "trend": 79.272666, "fair_value": 77.839167, "relative_strength": -2.473534, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 34.904088, "energy": 41.608999, "activity_lines": [ 79.654666, 78.200181, 77.904285, 78.550902 ] }, { "date": "2024-10-18", "close": 77.989998, "volume": 22514, "typical_volume": 13358.55, "trend": 79.262999, "fair_value": 77.892564, "relative_strength": -7.841203, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.535365, "energy": 33.283736, "activity_lines": [ 79.401999, 78.31909, 77.865142, 78.46815 ] }, { "date": "2024-10-25", "close": 79.0, "volume": 16656, "typical_volume": 13687.45, "trend": 79.263666, "fair_value": 77.954039, "relative_strength": -5.03012, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.960901, "energy": 30.080961, "activity_lines": [ 79.345999, 78.58109, 77.938142, 78.451182 ] }, { "date": "2024-11-01", "close": 78.209999, "volume": 13181, "typical_volume": 13094.2, "trend": 79.159999, "fair_value": 78.012051, "relative_strength": -5.327386, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -4.638767, "energy": 13.726055, "activity_lines": [ 78.909999, 78.641999, 77.940094, 78.383203 ] }, { "date": "2024-11-08", "close": 78.459999, "volume": 13282, "typical_volume": 13078.0, "trend": 79.061333, "fair_value": 78.065192, "relative_strength": -2.309686, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.787471, "energy": 13.852164, "activity_lines": [ 78.599999, 78.720908, 77.977666, 78.338042 ] }, { "date": "2024-11-15", "close": 77.199997, "volume": 19458, "typical_volume": 13074.25, "trend": 78.927332, "fair_value": 78.114551, "relative_strength": -4.655342, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.349492, "energy": 21.146743, "activity_lines": [ 78.030665, 78.537817, 77.905237, 78.217956 ] }, { "date": "2024-11-22", "close": 78.459999, "volume": 10840, "typical_volume": 13201.25, "trend": 78.806999, "fair_value": 78.184615, "relative_strength": -0.844832, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.73926, "energy": 18.439585, "activity_lines": [ 78.126665, 78.537817, 77.967951, 78.187805 ] }, { "date": "2024-11-29", "close": 78.050003, "volume": 12331, "typical_volume": 13074.9, "trend": 78.719999, "fair_value": 78.256539, "relative_strength": -0.920527, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.153014, "energy": 16.892815, "activity_lines": [ 78.054667, 78.416545, 78.008428, 78.138967 ] }, { "date": "2024-12-06", "close": 77.849998, "volume": 11252, "typical_volume": 12839.45, "trend": 78.608999, "fair_value": 78.320321, "relative_strength": -4.790268, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.347872, "energy": 18.123604, "activity_lines": [ 77.979333, 78.244363, 78.038523, 78.082838 ] }, { "date": "2024-12-13", "close": 78.559998, "volume": 9995, "typical_volume": 12720.55, "trend": 78.471332, "fair_value": 78.388782, "relative_strength": -4.117254, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.206136, "energy": 6.022641, "activity_lines": [ 78.164666, 78.219454, 78.136904, 78.079677 ] }, { "date": "2024-12-20", "close": 77.190002, "volume": 13180, "typical_volume": 12746.35, "trend": 78.299666, "fair_value": 78.440128, "relative_strength": -2.481036, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.465961, "energy": 19.064847, "activity_lines": [ 77.886667, 77.987454, 78.095333, 77.99701 ] }, { "date": "2024-12-27", "close": 77.870003, "volume": 4017, "typical_volume": 12143.95, "trend": 78.183999, "fair_value": 78.491154, "relative_strength": -2.587223, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.229891, "energy": 15.272326, "activity_lines": [ 77.836001, 77.946182, 78.109952, 77.96929 ] }, { "date": "2025-01-03", "close": 78.43, "volume": 5804, "typical_volume": 12224.15, "trend": 78.135666, "fair_value": 78.540833, "relative_strength": -1.644628, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.567655, "energy": 2.560415, "activity_lines": [ 78.011334, 78.008909, 78.167857, 77.985161 ] }, { "date": "2025-01-10", "close": 80.0, "volume": 9496, "typical_volume": 12359.65, "trend": 78.112666, "fair_value": 78.592756, "relative_strength": -2.278081, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.576014, "energy": 28.012347, "activity_lines": [ 78.684667, 78.367455, 78.362952, 78.10544 ] }, { "date": "2025-01-17", "close": 81.239998, "volume": 12961, "typical_volume": 12462.95, "trend": 78.135333, "fair_value": 78.642372, "relative_strength": -3.802461, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.783309, "energy": 66.026912, "activity_lines": [ 79.628, 78.918909, 78.660428, 78.307204 ] }, { "date": "2025-01-24", "close": 81.32, "volume": 11505, "typical_volume": 12448.55, "trend": 78.166666, "fair_value": 78.690577, "relative_strength": -3.311917, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.280278, "energy": 75.844824, "activity_lines": [ 80.419333, 79.434364, 78.943666, 78.512666 ] }, { "date": "2025-01-31", "close": 80.510002, "volume": 7996, "typical_volume": 11922.75, "trend": 78.117333, "fair_value": 78.724423, "relative_strength": -4.793553, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.519293, "energy": 73.947675, "activity_lines": [ 80.665334, 79.727637, 79.118095, 78.663849 ] }, { "date": "2025-02-07", "close": 81.410004, "volume": 19967, "typical_volume": 12319.85, "trend": 78.168666, "fair_value": 78.760962, "relative_strength": -5.063707, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.442239, "energy": 77.57453, "activity_lines": [ 81.035335, 80.147274, 79.356238, 78.87628 ] }, { "date": "2025-02-14", "close": 82.389999, "volume": 15386, "typical_volume": 12571.05, "trend": 78.315333, "fair_value": 78.797564, "relative_strength": -6.087649, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.337561, "energy": 80.986396, "activity_lines": [ 81.533334, 80.684001, 79.667905, 79.148624 ] }, { "date": "2025-02-21", "close": 82.790001, "volume": 11323, "typical_volume": 12593.25, "trend": 78.522666, "fair_value": 78.834615, "relative_strength": -6.605055, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.994317, "energy": 80.14259, "activity_lines": [ 82.005334, 81.21091, 80.00081, 79.437312 ] }, { "date": "2025-02-28", "close": 80.160004, "volume": 13392, "typical_volume": 12726.8, "trend": 78.681667, "fair_value": 78.798974, "relative_strength": -9.942397, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.449841, "energy": 49.587009, "activity_lines": [ 81.497335, 81.182729, 80.074096, 79.542947 ] }, { "date": "2025-03-07", "close": 80.349998, "volume": 8047, "typical_volume": 12003.45, "trend": 78.834666, "fair_value": 78.777949, "relative_strength": -9.430774, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.334856, "energy": 36.655824, "activity_lines": [ 81.130001, 81.135092, 80.168905, 79.650581 ] }, { "date": "2025-03-14", "close": 80.720001, "volume": 21103, "typical_volume": 12225.8, "trend": 78.997333, "fair_value": 78.775321, "relative_strength": -8.9906, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.831385, "energy": 27.653981, "activity_lines": [ 80.896667, 81.109637, 80.287715, 79.772215 ] }, { "date": "2025-03-21", "close": 81.639999, "volume": 11613, "typical_volume": 12147.4, "trend": 79.162, "fair_value": 78.738782, "relative_strength": -8.707964, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.937042, "energy": 23.88247, "activity_lines": [ 81.016, 81.209819, 80.485953, 79.94271 ] }, { "date": "2025-03-28", "close": 81.610001, "volume": 14701, "typical_volume": 12218.35, "trend": 79.327333, "fair_value": 78.715321, "relative_strength": -7.913427, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.672085, "energy": 29.735318, "activity_lines": [ 81.175334, 81.274728, 80.665001, 80.100645 ] }, { "date": "2025-04-04", "close": 77.269997, "volume": 16347, "typical_volume": 12062.8, "trend": 79.414, "fair_value": 78.658654, "relative_strength": -2.386615, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 0.32133, "energy": 8.659853, "activity_lines": [ 79.966666, 80.543818, 80.415715, 79.967914 ] }, { "date": "2025-04-11", "close": 77.519997, "volume": 14450, "typical_volume": 12243.3, "trend": 79.468333, "fair_value": 78.589231, "relative_strength": -0.171589, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.206448, "energy": 28.192942, "activity_lines": [ 79.033998, 79.931999, 80.189905, 79.84572 ] }, { "date": "2025-04-18", "close": 78.980003, "volume": 15415, "typical_volume": 12397.5, "trend": 79.526, "fair_value": 78.535513, "relative_strength": -3.647608, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.692609, "energy": 27.717411, "activity_lines": [ 78.776666, 79.64, 80.107619, 79.814215 ] }, { "date": "2025-04-25", "close": 79.449997, "volume": 6758, "typical_volume": 12172.8, "trend": 79.546, "fair_value": 78.489423, "relative_strength": -6.412036, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.781741, "energy": 29.370381, "activity_lines": [ 78.791999, 79.477636, 80.065667, 79.809312 ] }, { "date": "2025-05-02", "close": 77.779999, "volume": 6535, "typical_volume": 11999.8, "trend": 79.443, "fair_value": 78.433205, "relative_strength": -10.442098, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.528177, "energy": 45.864257, "activity_lines": [ 78.396666, 79.06509, 79.857047, 79.695376 ] }, { "date": "2025-05-09", "close": 78.93, "volume": 26711, "typical_volume": 12676.35, "trend": 79.378, "fair_value": 78.395385, "relative_strength": -11.269121, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.783529, "energy": 18.862844, "activity_lines": [ 78.639999, 78.952726, 79.761666, 79.662279 ] }, { "date": "2025-05-16", "close": 79.260002, "volume": 18782, "typical_volume": 13414.6, "trend": 79.420333, "fair_value": 78.350128, "relative_strength": -13.431833, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.871747, "energy": 12.829005, "activity_lines": [ 78.882667, 78.922727, 79.689429, 79.654667 ] }, { "date": "2025-05-23", "close": 79.779999, "volume": 22807, "typical_volume": 14264.75, "trend": 79.446333, "fair_value": 78.298526, "relative_strength": -9.975414, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.205362, "energy": 7.536171, "activity_lines": [ 79.182667, 79.007091, 79.660095, 79.677871 ] }, { "date": "2025-05-30", "close": 78.0, "volume": 10109, "typical_volume": 14295.4, "trend": 79.439333, "fair_value": 78.230641, "relative_strength": -13.02039, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.71752, "energy": 11.935322, "activity_lines": [ 78.836, 78.784909, 79.454809, 79.584559 ] }, { "date": "2025-06-06", "close": 79.959999, "volume": 8490, "typical_volume": 14071.85, "trend": 79.489333, "fair_value": 78.17609, "relative_strength": -11.711237, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.97898, "energy": 4.436254, "activity_lines": [ 79.239333, 78.985272, 79.445714, 79.61815 ] }, { "date": "2025-06-13", "close": 81.669998, "volume": 12356, "typical_volume": 14114.4, "trend": 79.638333, "fair_value": 78.153718, "relative_strength": -6.843131, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.48477, "energy": 17.880093, "activity_lines": [ 80.067332, 79.526545, 79.605571, 79.758839 ] }, { "date": "2025-06-20", "close": 82.959999, "volume": 11363, "typical_volume": 14282.75, "trend": 79.788333, "fair_value": 78.161154, "relative_strength": -4.619205, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.013441, "energy": 50.016685, "activity_lines": [ 81.142666, 80.222363, 79.886618, 79.97314 ] }, { "date": "2025-06-27", "close": 80.32, "volume": 7672, "typical_volume": 13668.0, "trend": 79.864, "fair_value": 78.168846, "relative_strength": -8.521742, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.651988, "energy": 38.242368, "activity_lines": [ 81.091333, 80.339272, 79.904571, 80.007441 ] }, { "date": "2025-07-04", "close": 80.779999, "volume": 14920, "typical_volume": 13644.7, "trend": 79.961667, "fair_value": 78.188974, "relative_strength": -7.418161, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.816624, "energy": 46.280307, "activity_lines": [ 81.157332, 80.515454, 79.971523, 80.066537 ] }, { "date": "2025-07-11", "close": 81.379997, "volume": 13472, "typical_volume": 13752.15, "trend": 80.055667, "fair_value": 78.23109, "relative_strength": -7.566408, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.934084, "energy": 47.325517, "activity_lines": [ 81.237998, 80.776544, 80.103285, 80.158042 ] }, { "date": "2025-07-18", "close": 81.93, "volume": 12839, "typical_volume": 13724.5, "trend": 80.213667, "fair_value": 78.26609, "relative_strength": -7.281438, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.826882, "energy": 33.675407, "activity_lines": [ 81.407332, 81.072181, 80.294142, 80.278967 ] }, { "date": "2025-07-25", "close": 81.339996, "volume": 12125, "typical_volume": 13928.4, "trend": 80.329333, "fair_value": 78.275961, "relative_strength": -8.670679, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.523579, "energy": 30.898281, "activity_lines": [ 81.362665, 81.205998, 80.42038, 80.351634 ] }, { "date": "2025-08-01", "close": 79.980003, "volume": 14568, "typical_volume": 13601.65, "trend": 80.381, "fair_value": 78.29391, "relative_strength": -8.152849, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.709924, "energy": 9.277719, "activity_lines": [ 80.972666, 81.054726, 80.41238, 80.329096 ] }, { "date": "2025-08-08", "close": 79.980003, "volume": 13181, "typical_volume": 13680.05, "trend": 80.380333, "fair_value": 78.294103, "relative_strength": -11.50127, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.546314, "energy": 3.321139, "activity_lines": [ 80.605334, 80.899818, 80.407904, 80.303225 ] }, { "date": "2025-08-15", "close": 80.18, "volume": 8649, "typical_volume": 13377.45, "trend": 80.345, "fair_value": 78.303013, "relative_strength": -13.102527, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.409718, "energy": 8.725642, "activity_lines": [ 80.358001, 80.745273, 80.430381, 80.290301 ] }, { "date": "2025-08-22", "close": 81.230003, "volume": 7353, "typical_volume": 12927.75, "trend": 80.342, "fair_value": 78.30859, "relative_strength": -12.985636, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.695393, "energy": 18.065021, "activity_lines": [ 80.540668, 80.777637, 80.559667, 80.347398 ] }, { "date": "2025-08-29", "close": 81.339996, "volume": 8489, "typical_volume": 12629.7, "trend": 80.369666, "fair_value": 78.335256, "relative_strength": -10.325625, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.818977, "energy": 14.962221, "activity_lines": [ 80.806667, 80.838, 80.680571, 80.411785 ] }, { "date": "2025-09-05", "close": 80.660004, "volume": 6323, "typical_volume": 12175.1, "trend": 80.344666, "fair_value": 78.356987, "relative_strength": -9.572383, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.828402, "energy": 18.684846, "activity_lines": [ 80.846001, 80.804183, 80.718524, 80.430516 ] }, { "date": "2025-09-12", "close": 81.959999, "volume": 6804, "typical_volume": 12177.4, "trend": 80.330333, "fair_value": 78.378654, "relative_strength": -9.911978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.71437, "energy": 41.539554, "activity_lines": [ 81.273334, 81.000546, 80.872286, 80.534731 ] }, { "date": "2025-09-19", "close": 81.330002, "volume": 11098, "typical_volume": 12405.55, "trend": 80.281667, "fair_value": 78.4225, "relative_strength": -9.770735, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.723622, "energy": 39.750879, "activity_lines": [ 81.358668, 81.06091, 80.954095, 80.599226 ] }, { "date": "2025-09-26", "close": 82.699997, "volume": 7695, "typical_volume": 11454.75, "trend": 80.366333, "fair_value": 78.475, "relative_strength": -8.696301, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.422697, "energy": 58.329028, "activity_lines": [ 81.824, 81.371273, 81.149476, 80.755247 ] }, { "date": "2025-10-03", "close": 82.300003, "volume": 14811, "typical_volume": 11256.2, "trend": 80.431333, "fair_value": 78.50532, "relative_strength": -10.012144, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.794063, "energy": 60.143816, "activity_lines": [ 82.058001, 81.59491, 81.28881, 80.88 ] }, { "date": "2025-10-10", "close": 81.029999, "volume": 9595, "typical_volume": 10595.6, "trend": 80.441666, "fair_value": 78.536346, "relative_strength": -8.492968, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.505698, "energy": 39.602792, "activity_lines": [ 81.804667, 81.570182, 81.292714, 80.918624 ] }, { "date": "2025-10-17", "close": 81.029999, "volume": 12063, "typical_volume": 10693.3, "trend": 80.421333, "fair_value": 78.572372, "relative_strength": -7.625579, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.432431, "energy": 27.658384, "activity_lines": [ 81.526666, 81.526364, 81.290667, 80.956581 ] }, { "date": "2025-10-24", "close": 83.150002, "volume": 9192, "typical_volume": 10728.4, "trend": 80.472666, "fair_value": 78.620769, "relative_strength": -6.566111, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.388664, "energy": 36.037234, "activity_lines": [ 82.017334, 81.848909, 81.476096, 81.132624 ] }, { "date": "2025-10-31", "close": 83.050003, "volume": 8609, "typical_volume": 10541.05, "trend": 80.665333, "fair_value": 78.645385, "relative_strength": -7.88489, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.48507, "energy": 37.947756, "activity_lines": [ 82.353335, 82.099274, 81.63681, 81.298903 ] }, { "date": "2025-11-07", "close": 82.540001, "volume": 11978, "typical_volume": 10571.8, "trend": 80.832667, "fair_value": 78.662436, "relative_strength": -7.564456, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.89847, "energy": 42.283215, "activity_lines": [ 82.496001, 82.223819, 81.742382, 81.41985 ] }, { "date": "2025-11-14", "close": 83.75, "volume": 8021, "typical_volume": 10589.25, "trend": 80.991667, "fair_value": 78.701603, "relative_strength": -8.204858, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.001682, "energy": 65.386083, "activity_lines": [ 83.026001, 82.546546, 81.965191, 81.608065 ] }, { "date": "2025-11-21", "close": 81.459999, "volume": 9518, "typical_volume": 10319.15, "trend": 81.058667, "fair_value": 78.726218, "relative_strength": -7.553858, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.08752, "energy": 32.015288, "activity_lines": [ 82.611334, 82.396728, 81.953572, 81.63828 ] }, { "date": "2025-11-28", "close": 83.300003, "volume": 8050, "typical_volume": 10048.05, "trend": 81.242667, "fair_value": 78.753397, "relative_strength": -6.620664, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.195602, "energy": 33.676353, "activity_lines": [ 82.781334, 82.590546, 82.113953, 81.782882 ] }, { "date": "2025-12-05", "close": 84.110001, "volume": 11467, "typical_volume": 9979.45, "trend": 81.415334, "fair_value": 78.797308, "relative_strength": -5.609667, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.65734, "energy": 40.249072, "activity_lines": [ 83.211334, 82.895819, 82.342334, 81.967871 ] }, { "date": "2025-12-12", "close": 82.82, "volume": 8341, "typical_volume": 9790.25, "trend": 81.534, "fair_value": 78.833974, "relative_strength": -6.926384, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.61656, "energy": 29.665366, "activity_lines": [ 83.140667, 82.94091, 82.437477, 82.058495 ] }, { "date": "2025-12-19", "close": 82.470001, "volume": 9208, "typical_volume": 9522.25, "trend": 81.623667, "fair_value": 78.860064, "relative_strength": -9.518331, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.62881, "energy": 29.228335, "activity_lines": [ 82.934668, 82.91291, 82.492239, 82.118882 ] }, { "date": "2025-12-26", "close": 83.800003, "volume": 2916, "typical_volume": 9009.0, "trend": 81.817, "fair_value": 78.892308, "relative_strength": -7.397335, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.556151, "energy": 35.011357, "activity_lines": [ 83.257335, 83.100547, 82.66181, 82.259291 ] }, { "date": "2026-01-02", "close": 83.440002, "volume": 11293, "typical_volume": 9141.2, "trend": 81.933, "fair_value": 78.935256, "relative_strength": -8.957499, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.221173, "energy": 26.957349, "activity_lines": [ 83.304002, 83.172365, 82.778906, 82.364001 ] }, { "date": "2026-01-09", "close": 85.68, "volume": 13599, "typical_volume": 9453.5, "trend": 82.066667, "fair_value": 78.973205, "relative_strength": -6.859016, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.706149, "energy": 46.813277, "activity_lines": [ 84.088001, 83.646183, 83.093811, 82.605743 ] }, { "date": "2026-01-16", "close": 85.639999, "volume": 17865, "typical_volume": 9922.3, "trend": 82.156, "fair_value": 79.006026, "relative_strength": -6.73723, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.352501, "energy": 62.737621, "activity_lines": [ 84.754001, 84.06491, 83.383715, 82.83628 ] }, { "date": "2026-01-23", "close": 87.769997, "volume": 10982, "typical_volume": 10155.25, "trend": 82.404334, "fair_value": 79.051731, "relative_strength": -2.08281, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.997929, "energy": 78.027113, "activity_lines": [ 85.941999, 84.814546, 83.856, 83.198474 ] }, { "date": "2026-01-30", "close": 88.900002, "volume": 13168, "typical_volume": 10473.45, "trend": 82.675, "fair_value": 79.118846, "relative_strength": -2.096282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.984403, "energy": 83.435856, "activity_lines": [ 87.153333, 85.696546, 84.402048, 83.617549 ] }, { "date": "2026-02-06", "close": 87.709999, "volume": 10019, "typical_volume": 10419.5, "trend": 82.886001, "fair_value": 79.175256, "relative_strength": -3.879505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.08458, "energy": 76.490035, "activity_lines": [ 87.627999, 86.226909, 84.801715, 83.942388 ] }, { "date": "2026-02-13", "close": 86.970001, "volume": 11751, "typical_volume": 10622.3, "trend": 83.054001, "fair_value": 79.233205, "relative_strength": -3.516847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.866214, "energy": 67.879937, "activity_lines": [ 87.571333, 86.542546, 85.100524, 84.205872 ] }, { "date": "2026-02-20", "close": 88.519997, "volume": 8882, "typical_volume": 10325.85, "trend": 83.293334, "fair_value": 79.306154, "relative_strength": -3.765939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.04217, "energy": 55.700368, "activity_lines": [ 87.945332, 87.088, 85.526619, 84.558516 ] }, { "date": "2026-02-27", "close": 89.849998, "volume": 14370, "typical_volume": 10564.6, "trend": 83.622334, "fair_value": 79.37718, "relative_strength": -3.685346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.784885, "energy": 57.018925, "activity_lines": [ 88.570665, 87.771636, 86.049762, 84.981527 ] }, { "date": "2026-03-06", "close": 91.809998, "volume": 8883, "typical_volume": 10405.6, "trend": 84.016667, "fair_value": 79.472949, "relative_strength": 5.234656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.627446, "energy": 64.858617, "activity_lines": [ 89.710665, 88.677453, 86.717571, 85.509763 ] }, { "date": "2026-03-13", "close": 97.160004, "volume": 21865, "typical_volume": 11039.25, "trend": 84.582667, "fair_value": 79.617949, "relative_strength": 10.839941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.253899, "energy": 90.146637, "activity_lines": [ 92.44, 90.410363, 87.843571, 86.357721 ] }, { "date": "2026-03-20", "close": 97.580002, "volume": 17407, "typical_volume": 11479.15, "trend": 85.127667, "fair_value": 79.762821, "relative_strength": 14.946122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.296313, "energy": 92.919783, "activity_lines": [ 94.679334, 91.970182, 88.942857, 87.196258 ] }, { "date": "2026-03-27", "close": 97.75, "volume": 8859, "typical_volume": 11323.2, "trend": 85.674667, "fair_value": 79.895128, "relative_strength": 13.556586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.361309, "energy": 90.83762, "activity_lines": [ 96.268001, 93.344546, 89.989143, 88.010602 ] }, { "date": "2026-04-03", "close": 97.040001, "volume": 6825, "typical_volume": 11263.4, "trend": 86.220667, "fair_value": 80.018462, "relative_strength": 7.289561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.45875, "energy": 87.365043, "activity_lines": [ 97.004668, 94.369637, 90.895381, 88.74385 ] }, { "date": "2026-04-10", "close": 97.730003, "volume": 8598, "typical_volume": 11217.4, "trend": 86.746334, "fair_value": 80.140385, "relative_strength": 3.776468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.335319, "energy": 80.106763, "activity_lines": [ 97.492002, 95.351637, 91.804048, 89.486388 ] }, { "date": "2026-04-17", "close": 97.400002, "volume": 11235, "typical_volume": 11376.65, "trend": 87.282001, "fair_value": 80.267821, "relative_strength": 0.957684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.145084, "energy": 62.506749, "activity_lines": [ 97.474668, 96.113092, 92.60381, 90.173721 ] }, { "date": "2026-04-24", "close": 100.43, "volume": 13882, "typical_volume": 11497.4, "trend": 87.873001, "fair_value": 80.421218, "relative_strength": 6.76869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.043958, "energy": 65.10714, "activity_lines": [ 98.451335, 97.249274, 93.625001, 91.021979 ] }, { "date": "2026-05-01", "close": 101.580002, "volume": 7528, "typical_volume": 11456.75, "trend": 88.515667, "fair_value": 80.588013, "relative_strength": 6.591584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.031737, "energy": 67.992287, "activity_lines": [ 99.621335, 98.34982, 94.678001, 91.906302 ] }, { "date": "2026-05-08", "close": 102.309998, "volume": 11047, "typical_volume": 11548.7, "trend": 89.225001, "fair_value": 80.769295, "relative_strength": 5.011245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.287271, "energy": 67.333618, "activity_lines": [ 100.779334, 99.345637, 95.711191, 92.796259 ] }, { "date": "2026-05-15", "close": 103.309998, "volume": 7615, "typical_volume": 11783.65, "trend": 89.967667, "fair_value": 80.954551, "relative_strength": 6.254246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.51186, "energy": 72.503019, "activity_lines": [ 101.919333, 100.296728, 96.745143, 93.704968 ] }, { "date": "2026-05-22", "close": 102.919998, "volume": 10697, "typical_volume": 11753.85, "trend": 90.626667, "fair_value": 81.141346, "relative_strength": 4.949801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.540252, "energy": 66.730354, "activity_lines": [ 102.557332, 100.967818, 97.649048, 94.540602 ] }, { "date": "2026-05-29", "close": 101.480003, "volume": 9563, "typical_volume": 11552.05, "trend": 91.241, "fair_value": 81.320577, "relative_strength": 2.311802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.558119, "energy": 56.898311, "activity_lines": [ 102.347333, 101.272364, 98.323048, 95.240818 ] }, { "date": "2026-06-05", "close": 100.400002, "volume": 6835, "typical_volume": 11000.55, "trend": 91.836334, "fair_value": 81.487244, "relative_strength": 1.47282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.160084, "energy": 50.352737, "activity_lines": [ 101.707334, 101.309637, 98.818953, 95.831721 ] }, { "date": "2026-06-12", "close": 99.110001, "volume": 1239, "typical_volume": 10513.4, "trend": 92.348334, "fair_value": 81.630833, "relative_strength": -2.813175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.131772, "energy": 38.031457, "activity_lines": [ 100.716001, 101.064182, 99.121715, 96.30099 ] }, { "date": "2026-06-19", "close": 97.589996, "volume": 8458, "typical_volume": 10277.9, "trend": 92.886, "fair_value": 81.775513, "relative_strength": -6.508434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.917862, "energy": 23.946991, "activity_lines": [ 99.431333, 100.504727, 99.225714, 96.639161 ] }, { "date": "2026-06-26", "close": 95.540001, "volume": 455, "typical_volume": 9799.7, "trend": 93.294, "fair_value": 81.910962, "relative_strength": -5.499479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.791791, "energy": 22.34114, "activity_lines": [ 97.844667, 99.575091, 99.093095, 96.810387 ] }, { "date": "2026-07-03", "close": 96.43, "volume": 531, "typical_volume": 9238.7, "trend": 93.704667, "fair_value": 82.048526, "relative_strength": -7.232614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.317791, "energy": 19.912298, "activity_lines": [ 97.046666, 98.841091, 99.007953, 97.01271 ] }, { "date": "2026-07-10", "close": 98.589996, "volume": 5439, "typical_volume": 9066.55, "trend": 94.230333, "fair_value": 82.187372, "relative_strength": -4.63909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.285536, "energy": 19.449686, "activity_lines": [ 97.305332, 98.572545, 99.083476, 97.327892 ] }, { "date": "2026-07-17", "close": 101.279999, "volume": 9542, "typical_volume": 8825.15, "trend": 94.857333, "fair_value": 82.335641, "relative_strength": -0.576931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.187947, "energy": 18.248668, "activity_lines": [ 98.581332, 98.847454, 99.367238, 97.78271 ] }, { "date": "2026-07-24", "close": 103.099998, "volume": 8196, "typical_volume": 8790.8, "trend": 95.500667, "fair_value": 82.489295, "relative_strength": 1.372931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.708737, "energy": 36.887571, "activity_lines": [ 100.319332, 99.471999, 99.769904, 98.314494 ] }, { "date": "2026-07-31", "close": 101.559998, "volume": 9284, "typical_volume": 8161.75, "trend": 96.104666, "fair_value": 82.635192, "relative_strength": -0.797188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.060134, "energy": 48.282403, "activity_lines": [ 101.176665, 99.820362, 99.972142, 98.705419 ] }, { "date": "2026-08-07", "close": 102.980003, "volume": 10946, "typical_volume": 7838.7, "trend": 96.681333, "fair_value": 82.792115, "relative_strength": -2.297202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.623578, "energy": 67.551843, "activity_lines": [ 102.106, 100.451636, 100.288666, 99.148989 ] } ], "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." } } }