{ "ticker": { "uuid": "0986bbf1-ef67-4546-9736-83f57f7c2b19", "symbol": "UB00", "name": "UBS Core EURO STOXX 50 UCITS ETF EUR dis", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.544, "architecture_energy": 68.477, "architecture_maturity": 38.228, "architecture_confidence": 79.613, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 12.42, "rotation_up": 60.78, "upward_expansion": 82.53, "deceleration": 62.51, "rotation_down": 23.25, "downward_expansion": 11.53 }, "activity_lines": [ 65.264332, 64.783817, 63.370523, 62.195198 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 66.839996, "trend_reference": 61.04793, "distance_from_trend": 0.094877, "trend_direction": "Improving", "fair_value": 51.098044, "distance_from_fair_value": 0.308073, "fair_value_direction": "Improving", "relative_strength": 4.695847, "relative_strength_direction": "Improving", "price_momentum": 0.111904, "excess_performance": 0.060669, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094877, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039358, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.308073, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.088002, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.046958, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.043085, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.111904, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.543903, "read": "Supply-led" } ], "volume": { "latest": 7462, "relative_activity": 0.710619, "balance": 0.543903, "dry_up": 0.404878, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.021725, "annualized_volatility": 0.168892, "from_high_reference": -0.002686, "from_low_reference": 0.264722 }, "levels": { "trend_reference": 61.04793, "fair_value_reference": 51.098044, "structural_low": 54.490002, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.00554, "positive_rate": 0.585366, "directional_follow_through": 0.585366, "median_excess_return": -0.002281, "regime_survival": 0.853659, "best_return": 0.09508, "worst_return": -0.089412, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.008806, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": 0.006944, "regime_survival": 0.692308, "best_return": 0.128581, "worst_return": -0.101188, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.0728, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.018066, "regime_survival": 0.625, "best_return": 0.114415, "worst_return": -0.164867, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.127446, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.017989, "regime_survival": 0.25, "best_return": 0.172332, "worst_return": -0.108852, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-06-14", "tenure": "Established", "return": 0.094015, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-08-02", "tenure": "Developing", "return": -0.055572, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.061251, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-10-11", "tenure": "Developing", "return": 0.058364, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": -0.020262, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-01-17", "tenure": "Developing", "return": 0.075431, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-03-28", "tenure": "Developing", "return": 0.024909, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.010819, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.04586, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2026-03-13", "tenure": "Extended", "return": 0.077757, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.000542, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.06722, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-22", "tenure": "Developing", "return": 0.035702, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.077717, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 39.70343, "volume": 1075, "typical_volume": 5682.9, "trend": 39.995332, "fair_value": 35.098178, "relative_strength": 9.892515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.228453, "energy": 8.334561, "activity_lines": [ 40.605195, 40.805147, 40.760951, 40.466615 ] }, { "date": "2023-08-25", "close": 39.86274, "volume": 0, "typical_volume": 5682.9, "trend": 40.04699, "fair_value": 35.169453, "relative_strength": 8.763265, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.736672, "energy": 15.802422, "activity_lines": [ 40.251622, 40.621948, 40.68588, 40.458061 ] }, { "date": "2023-09-01", "close": 40.340637, "volume": 0, "typical_volume": 5680.1, "trend": 40.091341, "fair_value": 35.247465, "relative_strength": 7.814408, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.126293, "energy": 19.006023, "activity_lines": [ 40.157539, 40.552133, 40.655628, 40.477006 ] }, { "date": "2023-09-08", "close": 39.928329, "volume": 0, "typical_volume": 5678.25, "trend": 40.1375, "fair_value": 35.31887, "relative_strength": 6.150926, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.126547, "energy": 24.160706, "activity_lines": [ 40.043901, 40.40341, 40.586361, 40.466489 ] }, { "date": "2023-09-15", "close": 40.352348, "volume": 529, "typical_volume": 5652.95, "trend": 40.174924, "fair_value": 35.394809, "relative_strength": 3.706432, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.651509, "energy": 20.699543, "activity_lines": [ 40.128392, 40.358912, 40.560487, 40.48035 ] }, { "date": "2023-09-22", "close": 39.5863, "volume": 0, "typical_volume": 5652.95, "trend": 40.210291, "fair_value": 35.474529, "relative_strength": 1.794031, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.79901, "energy": 22.879755, "activity_lines": [ 39.977993, 40.165447, 40.461483, 40.442374 ] }, { "date": "2023-09-29", "close": 39.391853, "volume": 2750, "typical_volume": 5790.45, "trend": 40.207542, "fair_value": 35.549953, "relative_strength": 2.001153, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.491707, "energy": 34.553158, "activity_lines": [ 39.770587, 39.969645, 40.347424, 40.389572 ] }, { "date": "2023-10-06", "close": 39.068573, "volume": 0, "typical_volume": 5790.45, "trend": 40.218791, "fair_value": 35.618619, "relative_strength": 2.386769, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.706863, "energy": 49.886458, "activity_lines": [ 39.486813, 39.750951, 40.206846, 40.31609 ] }, { "date": "2023-10-13", "close": 38.979549, "volume": 20000, "typical_volume": 5295.7, "trend": 40.273573, "fair_value": 35.687934, "relative_strength": 0.510856, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.068552, "energy": 70.289896, "activity_lines": [ 39.25817, 39.571349, 40.067933, 40.236139 ] }, { "date": "2023-10-20", "close": 37.976894, "volume": 0, "typical_volume": 5292.9, "trend": 40.274352, "fair_value": 35.753997, "relative_strength": 0.321256, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.48755, "energy": 80.76729, "activity_lines": [ 38.758559, 39.242184, 39.841558, 40.087966 ] }, { "date": "2023-10-27", "close": 37.89724, "volume": 820, "typical_volume": 5333.9, "trend": 40.213473, "fair_value": 35.832179, "relative_strength": 1.436321, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.364507, "energy": 85.139987, "activity_lines": [ 38.390761, 38.947307, 39.620141, 39.934604 ] }, { "date": "2023-11-03", "close": 39.45277, "volume": 700, "typical_volume": 5368.9, "trend": 40.204674, "fair_value": 35.907023, "relative_strength": 3.520589, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.031334, "energy": 70.37111, "activity_lines": [ 38.654078, 38.968093, 39.558082, 39.885526 ] }, { "date": "2023-11-10", "close": 39.590981, "volume": 0, "typical_volume": 5368.9, "trend": 40.177917, "fair_value": 35.969486, "relative_strength": 4.476819, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.339613, "energy": 44.58571, "activity_lines": [ 38.959403, 39.021462, 39.518077, 39.845933 ] }, { "date": "2023-11-17", "close": 40.94973, "volume": 0, "typical_volume": 4243.9, "trend": 40.190887, "fair_value": 36.039286, "relative_strength": 5.758712, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.279295, "energy": 14.247202, "activity_lines": [ 39.682817, 39.335507, 39.610013, 39.895728 ] }, { "date": "2023-11-24", "close": 41.333927, "volume": 0, "typical_volume": 4243.9, "trend": 40.224821, "fair_value": 36.107696, "relative_strength": 6.711473, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 25.90903, "energy": 35.994912, "activity_lines": [ 40.402952, 39.700835, 39.740782, 39.969472 ] }, { "date": "2023-12-01", "close": 41.739204, "volume": 396, "typical_volume": 1878.7, "trend": 40.27234, "fair_value": 36.178467, "relative_strength": 6.883416, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.887047, "energy": 49.51207, "activity_lines": [ 41.034377, 40.122002, 39.902938, 40.067174 ] }, { "date": "2023-12-08", "close": 42.760605, "volume": 0, "typical_volume": 1336.6, "trend": 40.354744, "fair_value": 36.25842, "relative_strength": 8.799955, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.065874, "energy": 77.567877, "activity_lines": [ 41.750138, 40.689736, 40.160765, 40.227707 ] }, { "date": "2023-12-15", "close": 43.107323, "volume": 15, "typical_volume": 1315.25, "trend": 40.418366, "fair_value": 36.337338, "relative_strength": 8.989017, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.899294, "energy": 85.346586, "activity_lines": [ 42.360949, 41.259259, 40.44497, 40.405293 ] }, { "date": "2023-12-22", "close": 42.678616, "volume": 0, "typical_volume": 1314.35, "trend": 40.48546, "fair_value": 36.413425, "relative_strength": 5.87209, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.079277, "energy": 89.577841, "activity_lines": [ 42.594435, 41.677403, 40.683592, 40.551116 ] }, { "date": "2023-12-29", "close": 42.812145, "volume": 0, "typical_volume": 1314.25, "trend": 40.558833, "fair_value": 36.489383, "relative_strength": 5.387564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.362465, "energy": 89.216703, "activity_lines": [ 42.757171, 42.052569, 40.92589, 40.701225 ] }, { "date": "2024-01-05", "close": 42.181969, "volume": 15, "typical_volume": 1261.25, "trend": 40.62317, "fair_value": 36.557184, "relative_strength": 4.159595, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.494013, "energy": 82.710847, "activity_lines": [ 42.611302, 42.225245, 41.097919, 40.805943 ] }, { "date": "2024-01-12", "close": 42.360012, "volume": 1100, "typical_volume": 1316.25, "trend": 40.657841, "fair_value": 36.628331, "relative_strength": 5.218017, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.719926, "energy": 62.294783, "activity_lines": [ 42.495262, 42.352388, 41.275103, 40.917997 ] }, { "date": "2024-01-19", "close": 42.050781, "volume": 36497, "typical_volume": 3141.1, "trend": 40.722073, "fair_value": 36.69726, "relative_strength": 6.431536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.95194, "energy": 51.183036, "activity_lines": [ 42.302851, 42.370447, 41.410944, 41.007864 ] }, { "date": "2024-01-26", "close": 43.931938, "volume": 0, "typical_volume": 3141.1, "trend": 40.805788, "fair_value": 36.784486, "relative_strength": 8.347725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.045495, "energy": 64.308061, "activity_lines": [ 42.807929, 42.685812, 41.717799, 41.214952 ] }, { "date": "2024-02-02", "close": 44.117771, "volume": 0, "typical_volume": 3114.65, "trend": 40.949058, "fair_value": 36.863531, "relative_strength": 8.748866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.905424, "energy": 84.701161, "activity_lines": [ 43.291396, 42.980743, 42.023288, 41.428629 ] }, { "date": "2024-02-09", "close": 44.598492, "volume": 3415, "typical_volume": 3285.4, "trend": 41.055601, "fair_value": 36.943221, "relative_strength": 10.159068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.978876, "energy": 93.850724, "activity_lines": [ 43.848062, 43.312462, 42.356629, 41.664076 ] }, { "date": "2024-02-16", "close": 45.156975, "volume": 0, "typical_volume": 3147.9, "trend": 41.18198, "fair_value": 37.025278, "relative_strength": 9.151841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.336932, "energy": 96.06392, "activity_lines": [ 44.429788, 43.693737, 42.719291, 41.928681 ] }, { "date": "2024-02-23", "close": 46.170254, "volume": 0, "typical_volume": 3147.9, "trend": 41.31736, "fair_value": 37.118748, "relative_strength": 11.2401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.708978, "energy": 97.635951, "activity_lines": [ 45.162808, 44.215673, 43.151004, 42.250505 ] }, { "date": "2024-03-01", "close": 46.387047, "volume": 6201, "typical_volume": 2457.95, "trend": 41.504256, "fair_value": 37.211254, "relative_strength": 11.681626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.047943, "energy": 96.784064, "activity_lines": [ 45.693462, 44.721337, 43.569545, 42.577582 ] }, { "date": "2024-03-08", "close": 47.020939, "volume": 940, "typical_volume": 2504.95, "trend": 41.716312, "fair_value": 37.298712, "relative_strength": 13.086137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.617968, "energy": 97.375274, "activity_lines": [ 46.271739, 45.274828, 44.013184, 42.933497 ] }, { "date": "2024-03-15", "close": 47.355556, "volume": 484, "typical_volume": 2488.15, "trend": 41.971383, "fair_value": 37.387661, "relative_strength": 12.479318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.555136, "energy": 95.781733, "activity_lines": [ 46.768011, 45.812635, 44.445624, 43.297319 ] }, { "date": "2024-03-22", "close": 47.742023, "volume": 129, "typical_volume": 2459.6, "trend": 42.234026, "fair_value": 37.477875, "relative_strength": 10.139763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.979631, "energy": 94.714272, "activity_lines": [ 47.2093, 46.326644, 44.869831, 43.669618 ] }, { "date": "2024-03-29", "close": 48.316994, "volume": 200, "typical_volume": 2469.6, "trend": 42.499905, "fair_value": 37.567151, "relative_strength": 10.822598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.914689, "energy": 86.930891, "activity_lines": [ 47.66991, 46.847338, 45.309324, 44.062068 ] }, { "date": "2024-04-05", "close": 47.487518, "volume": 620, "typical_volume": 2500.6, "trend": 42.751878, "fair_value": 37.649172, "relative_strength": 9.156063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.561037, "energy": 68.784801, "activity_lines": [ 47.710912, 47.103287, 45.628267, 44.383849 ] }, { "date": "2024-04-12", "close": 47.009155, "volume": 655, "typical_volume": 2533.35, "trend": 42.973771, "fair_value": 37.725007, "relative_strength": 6.636919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.905083, "energy": 67.561825, "activity_lines": [ 47.519095, 47.207614, 45.87052, 44.658512 ] }, { "date": "2024-04-19", "close": 46.782932, "volume": 1205, "typical_volume": 2573.8, "trend": 43.213659, "fair_value": 37.800506, "relative_strength": 7.164778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.361821, "energy": 64.270394, "activity_lines": [ 47.252656, 47.218238, 46.064202, 44.904265 ] }, { "date": "2024-04-26", "close": 47.869263, "volume": 776, "typical_volume": 2612.6, "trend": 43.496239, "fair_value": 37.884375, "relative_strength": 6.087677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.336025, "energy": 63.729774, "activity_lines": [ 47.386503, 47.386661, 46.337327, 45.204626 ] }, { "date": "2024-05-03", "close": 47.148186, "volume": 100, "typical_volume": 2616.85, "trend": 43.76556, "fair_value": 37.959694, "relative_strength": 3.352129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.602881, "energy": 52.797334, "activity_lines": [ 47.271507, 47.374664, 46.517451, 45.440236 ] }, { "date": "2024-05-10", "close": 48.854271, "volume": 1105, "typical_volume": 2672.1, "trend": 44.094717, "fair_value": 38.046214, "relative_strength": 4.079403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.978142, "energy": 68.285181, "activity_lines": [ 47.803127, 47.655084, 46.840817, 45.76854 ] }, { "date": "2024-05-17", "close": 48.792999, "volume": 0, "typical_volume": 2672.1, "trend": 44.455254, "fair_value": 38.131757, "relative_strength": 3.941894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.440598, "energy": 69.981618, "activity_lines": [ 48.223206, 47.879505, 47.12894, 46.071655 ] }, { "date": "2024-05-24", "close": 48.651615, "volume": 27, "typical_volume": 2672.7, "trend": 44.813733, "fair_value": 38.213662, "relative_strength": 4.733414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.268589, "energy": 67.631156, "activity_lines": [ 48.477235, 48.046001, 47.375117, 46.342388 ] }, { "date": "2024-05-31", "close": 48.142616, "volume": 313, "typical_volume": 2633.35, "trend": 45.103395, "fair_value": 38.290926, "relative_strength": 3.99459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.58015, "energy": 65.530391, "activity_lines": [ 48.437018, 48.096386, 47.54201, 46.557154 ] }, { "date": "2024-06-07", "close": 48.868408, "volume": 6567, "typical_volume": 1136.85, "trend": 45.412642, "fair_value": 38.371031, "relative_strength": 5.726907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.496499, "energy": 64.725927, "activity_lines": [ 48.620508, 48.27145, 47.75049, 46.800058 ] }, { "date": "2024-06-14", "close": 46.837132, "volume": 1555, "typical_volume": 1214.6, "trend": 45.608889, "fair_value": 38.440372, "relative_strength": 2.436995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.288352, "energy": 37.359651, "activity_lines": [ 48.012225, 48.067166, 47.733051, 46.891961 ] }, { "date": "2024-06-21", "close": 47.534645, "volume": 15341, "typical_volume": 1981.65, "trend": 45.815579, "fair_value": 38.511788, "relative_strength": 2.678242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.924863, "energy": 25.029936, "activity_lines": [ 47.770922, 48.001527, 47.768207, 47.016203 ] }, { "date": "2024-06-28", "close": 47.317852, "volume": 148527, "typical_volume": 9237.25, "trend": 46.001534, "fair_value": 38.584071, "relative_strength": 3.026957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.951337, "energy": 20.539562, "activity_lines": [ 47.541245, 47.886917, 47.766445, 47.113124 ] }, { "date": "2024-07-05", "close": 48.13319, "volume": 37057, "typical_volume": 11090.1, "trend": 46.180621, "fair_value": 38.662598, "relative_strength": 4.158496, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.198571, "energy": 23.791235, "activity_lines": [ 47.672264, 47.910825, 47.829385, 47.25065 ] }, { "date": "2024-07-12", "close": 48.863693, "volume": 6218, "typical_volume": 11401.0, "trend": 46.3725, "fair_value": 38.747507, "relative_strength": 4.98533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.273944, "energy": 30.506958, "activity_lines": [ 48.047414, 48.062752, 47.947724, 47.423752 ] }, { "date": "2024-07-19", "close": 46.648613, "volume": 11230, "typical_volume": 11652.45, "trend": 46.504833, "fair_value": 38.813452, "relative_strength": 1.309366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.364015, "energy": 6.071473, "activity_lines": [ 47.684517, 47.780747, 47.842278, 47.441565 ] }, { "date": "2024-07-26", "close": 47.101059, "volume": 46384, "typical_volume": 13924.65, "trend": 46.647797, "fair_value": 38.883384, "relative_strength": 0.614423, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.903918, "energy": 5.867993, "activity_lines": [ 47.485004, 47.621108, 47.778676, 47.480032 ] }, { "date": "2024-08-02", "close": 44.893047, "volume": 22020, "typical_volume": 15001.45, "trend": 46.738166, "fair_value": 38.934431, "relative_strength": -2.833337, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.593116, "energy": 38.004784, "activity_lines": [ 46.578392, 47.090774, 47.504405, 47.366822 ] }, { "date": "2024-08-09", "close": 45.255642, "volume": 50357, "typical_volume": 17512.85, "trend": 46.834687, "fair_value": 38.984787, "relative_strength": -2.014976, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.043554, "energy": 57.460485, "activity_lines": [ 45.9543, 46.694704, 47.276394, 47.271175 ] }, { "date": "2024-08-16", "close": 46.883492, "volume": 18994, "typical_volume": 18452.55, "trend": 46.995777, "fair_value": 39.05039, "relative_strength": -0.299572, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.058159, "energy": 52.81081, "activity_lines": [ 46.06466, 46.647098, 47.215256, 47.274324 ] }, { "date": "2024-08-23", "close": 47.531727, "volume": 240840, "typical_volume": 30463.55, "trend": 47.11577, "fair_value": 39.117686, "relative_strength": 0.785453, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.966976, "energy": 38.803273, "activity_lines": [ 46.523112, 46.753441, 47.222681, 47.308901 ] }, { "date": "2024-08-30", "close": 48.027584, "volume": 4974, "typical_volume": 30679.5, "trend": 47.246097, "fair_value": 39.187424, "relative_strength": 1.130529, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.417347, "energy": 5.873354, "activity_lines": [ 47.087976, 46.937312, 47.27712, 47.367728 ] }, { "date": "2024-09-06", "close": 45.836151, "volume": 12301, "typical_volume": 31234.3, "trend": 47.287353, "fair_value": 39.244998, "relative_strength": -1.27047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.544437, "energy": 23.689239, "activity_lines": [ 46.860593, 46.713778, 47.118001, 47.276764 ] }, { "date": "2024-09-13", "close": 46.88591, "volume": 9830, "typical_volume": 31687.0, "trend": 47.344984, "fair_value": 39.312017, "relative_strength": -0.274323, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.532099, "energy": 18.247088, "activity_lines": [ 46.920257, 46.708048, 47.063368, 47.250864 ] }, { "date": "2024-09-20", "close": 47.197937, "volume": 1300, "typical_volume": 31747.0, "trend": 47.37924, "fair_value": 39.378207, "relative_strength": 0.716377, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.564272, "energy": 14.407055, "activity_lines": [ 46.975245, 46.781729, 47.043134, 47.241377 ] }, { "date": "2024-09-27", "close": 49.120876, "volume": 18646, "typical_volume": 32624.05, "trend": 47.470367, "fair_value": 39.464054, "relative_strength": 3.422427, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.421567, "energy": 16.532917, "activity_lines": [ 47.65025, 47.235322, 47.2058, 47.353741 ] }, { "date": "2024-10-04", "close": 48.039673, "volume": 8212, "typical_volume": 33034.65, "trend": 47.504325, "fair_value": 39.539955, "relative_strength": 1.435884, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.574726, "energy": 19.354001, "activity_lines": [ 47.85891, 47.447382, 47.264225, 47.39047 ] }, { "date": "2024-10-11", "close": 48.511341, "volume": 4301, "typical_volume": 33248.35, "trend": 47.542851, "fair_value": 39.613007, "relative_strength": 2.507703, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.099905, "energy": 34.959677, "activity_lines": [ 48.223987, 47.728134, 47.371159, 47.455439 ] }, { "date": "2024-10-18", "close": 48.346863, "volume": 7686, "typical_volume": 33617.0, "trend": 47.563013, "fair_value": 39.684396, "relative_strength": 0.66096, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.335629, "energy": 40.412208, "activity_lines": [ 48.355892, 47.913194, 47.463095, 47.507311 ] }, { "date": "2024-10-25", "close": 47.945343, "volume": 30252, "typical_volume": 34801.25, "trend": 47.550624, "fair_value": 39.749871, "relative_strength": 0.942424, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.372575, "energy": 31.294844, "activity_lines": [ 48.256561, 47.969047, 47.515819, 47.531977 ] }, { "date": "2024-11-01", "close": 47.367249, "volume": 4338, "typical_volume": 34940.4, "trend": 47.546615, "fair_value": 39.805215, "relative_strength": 0.439565, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 7.792085, "energy": 11.104428, "activity_lines": [ 47.914704, 47.900485, 47.517882, 47.520147 ] }, { "date": "2024-11-08", "close": 46.62468, "volume": 25617, "typical_volume": 35454.2, "trend": 47.5338, "fair_value": 39.855035, "relative_strength": 0.016094, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.264325, "energy": 15.698191, "activity_lines": [ 47.442233, 47.6999, 47.4467, 47.460667 ] }, { "date": "2024-11-15", "close": 46.605331, "volume": 26081, "typical_volume": 29331.9, "trend": 47.52788, "fair_value": 39.905339, "relative_strength": -0.023806, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.437127, "energy": 31.700965, "activity_lines": [ 47.057645, 47.521306, 47.378008, 47.400766 ] }, { "date": "2024-11-22", "close": 46.578724, "volume": 28758, "typical_volume": 28916.95, "trend": 47.484862, "fair_value": 39.970956, "relative_strength": -2.519657, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.9535, "energy": 35.619519, "activity_lines": [ 46.791255, 47.323888, 47.310175, 47.33953 ] }, { "date": "2024-11-29", "close": 46.777061, "volume": 23563, "typical_volume": 29784.2, "trend": 47.472491, "fair_value": 40.038778, "relative_strength": -2.435002, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.199468, "energy": 44.510595, "activity_lines": [ 46.708854, 47.168117, 47.268633, 47.293865 ] }, { "date": "2024-12-06", "close": 48.458126, "volume": 139554, "typical_volume": 36200.4, "trend": 47.459286, "fair_value": 40.109904, "relative_strength": 0.754558, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.497645, "energy": 11.039037, "activity_lines": [ 47.264693, 47.325647, 47.397129, 47.357455 ] }, { "date": "2024-12-13", "close": 48.329929, "volume": 28337, "typical_volume": 35298.05, "trend": 47.44385, "fair_value": 40.182231, "relative_strength": 0.544071, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.153272, "energy": 13.042998, "activity_lines": [ 47.705074, 47.471917, 47.5048, 47.413625 ] }, { "date": "2024-12-20", "close": 47.379341, "volume": 19334, "typical_volume": 35163.75, "trend": 47.401441, "fair_value": 40.243059, "relative_strength": 1.090216, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.015143, "energy": 21.919684, "activity_lines": [ 47.71491, 47.440077, 47.516086, 47.409463 ] }, { "date": "2024-12-27", "close": 47.543819, "volume": 379, "typical_volume": 32664.85, "trend": 47.381481, "fair_value": 40.303286, "relative_strength": 0.530365, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.012834, "energy": 27.194168, "activity_lines": [ 47.727971, 47.458723, 47.531198, 47.418649 ] }, { "date": "2025-01-03", "close": 47.376923, "volume": 2368, "typical_volume": 31833.55, "trend": 47.331765, "fair_value": 40.361537, "relative_strength": -0.816838, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.018752, "energy": 22.72776, "activity_lines": [ 47.62106, 47.461625, 47.519518, 47.418355 ] }, { "date": "2025-01-10", "close": 48.472641, "volume": 27393, "typical_volume": 21161.2, "trend": 47.386282, "fair_value": 40.428495, "relative_strength": 1.068192, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.300487, "energy": 30.867558, "activity_lines": [ 47.839398, 47.674084, 47.609843, 47.49196 ] }, { "date": "2025-01-17", "close": 50.141609, "volume": 1487, "typical_volume": 20986.85, "trend": 47.473181, "fair_value": 40.508643, "relative_strength": 1.305542, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.19288, "energy": 67.110865, "activity_lines": [ 48.61309, 48.169893, 47.854637, 47.669723 ] }, { "date": "2025-01-24", "close": 50.818871, "volume": 24343, "typical_volume": 21588.95, "trend": 47.589882, "fair_value": 40.598072, "relative_strength": 2.632033, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.761973, "energy": 83.160092, "activity_lines": [ 49.491759, 48.724897, 48.153865, 47.885574 ] }, { "date": "2025-01-31", "close": 51.423569, "volume": 250, "typical_volume": 21109.95, "trend": 47.699561, "fair_value": 40.694527, "relative_strength": 1.753242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.577729, "energy": 92.722551, "activity_lines": [ 50.342691, 49.313236, 48.486956, 48.132908 ] }, { "date": "2025-02-07", "close": 51.788284, "volume": 11078, "typical_volume": 21598.85, "trend": 47.797047, "fair_value": 40.789153, "relative_strength": 2.141597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.315905, "energy": 92.681007, "activity_lines": [ 51.056545, 49.879799, 48.833174, 48.396697 ] }, { "date": "2025-02-14", "close": 53.528004, "volume": 4100, "typical_volume": 20871.55, "trend": 48.02636, "fair_value": 40.89968, "relative_strength": 5.090905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.085754, "energy": 97.055416, "activity_lines": [ 52.056214, 50.671561, 49.323221, 48.766436 ] }, { "date": "2025-02-21", "close": 53.391937, "volume": 77261, "typical_volume": 24324.0, "trend": 48.236056, "fair_value": 41.015437, "relative_strength": 5.647855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.045917, "energy": 93.933078, "activity_lines": [ 52.673504, 51.346404, 49.779322, 49.112602 ] }, { "date": "2025-02-28", "close": 53.173256, "volume": 14595, "typical_volume": 24838.7, "trend": 48.512063, "fair_value": 41.152661, "relative_strength": 3.420867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.382575, "energy": 89.677303, "activity_lines": [ 53.001212, 51.889451, 50.18911, 49.431132 ] }, { "date": "2025-03-07", "close": 53.294746, "volume": 7434, "typical_volume": 24826.1, "trend": 48.780033, "fair_value": 41.282913, "relative_strength": 5.206817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.507864, "energy": 88.299051, "activity_lines": [ 53.212457, 52.349243, 50.588269, 49.739692 ] }, { "date": "2025-03-14", "close": 52.677586, "volume": 6116, "typical_volume": 23619.3, "trend": 48.97317, "fair_value": 41.39786, "relative_strength": 4.570846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.435682, "energy": 66.306237, "activity_lines": [ 53.093237, 52.592261, 50.905089, 49.991147 ] }, { "date": "2025-03-21", "close": 53.100361, "volume": 5792, "typical_volume": 23692.0, "trend": 49.158791, "fair_value": 41.516938, "relative_strength": 5.19129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.501325, "energy": 64.541136, "activity_lines": [ 53.055656, 52.815772, 51.23964, 50.257417 ] }, { "date": "2025-03-28", "close": 52.084717, "volume": 10335, "typical_volume": 22927.9, "trend": 49.294029, "fair_value": 41.626705, "relative_strength": 3.055643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.1306, "energy": 50.950714, "activity_lines": [ 52.708036, 52.77048, 51.450161, 50.446187 ] }, { "date": "2025-04-04", "close": 47.835033, "volume": 40565, "typical_volume": 23652.1, "trend": 49.360658, "fair_value": 41.712729, "relative_strength": 1.764512, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 7.602022, "energy": 18.538809, "activity_lines": [ 51.031002, 51.91719, 51.229951, 50.352058 ] }, { "date": "2025-04-11", "close": 46.855835, "volume": 43964, "typical_volume": 24412.4, "trend": 49.359656, "fair_value": 41.792219, "relative_strength": 0.816522, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -11.560292, "energy": 31.034393, "activity_lines": [ 49.383451, 50.940114, 50.910628, 50.190456 ] }, { "date": "2025-04-18", "close": 48.352577, "volume": 12956, "typical_volume": 23882.05, "trend": 49.398143, "fair_value": 41.88193, "relative_strength": 0.14812, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.951431, "energy": 43.042968, "activity_lines": [ 48.664075, 50.318224, 50.732532, 50.125484 ] }, { "date": "2025-04-25", "close": 50.65115, "volume": 8078, "typical_volume": 17308.25, "trend": 49.449153, "fair_value": 41.988253, "relative_strength": 3.1217, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.133477, "energy": 37.773504, "activity_lines": [ 48.999223, 50.176723, 50.765846, 50.206323 ] }, { "date": "2025-05-02", "close": 51.958366, "volume": 17733, "typical_volume": 16778.05, "trend": 49.579776, "fair_value": 42.110436, "relative_strength": 3.450978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.075281, "energy": 23.54675, "activity_lines": [ 49.933391, 50.325204, 50.913213, 50.368207 ] }, { "date": "2025-05-09", "close": 52.49778, "volume": 23108, "typical_volume": 16966.75, "trend": 49.712657, "fair_value": 42.23181, "relative_strength": 4.914477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.59231, "energy": 27.863105, "activity_lines": [ 51.055787, 50.597825, 51.094675, 50.556466 ] }, { "date": "2025-05-16", "close": 53.785561, "volume": 714, "typical_volume": 16983.5, "trend": 49.893947, "fair_value": 42.363985, "relative_strength": 5.742986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.226617, "energy": 50.088869, "activity_lines": [ 52.296593, 51.11687, 51.374409, 50.819234 ] }, { "date": "2025-05-23", "close": 52.974018, "volume": 51302, "typical_volume": 19430.2, "trend": 50.061569, "fair_value": 42.48123, "relative_strength": 3.67115, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.843746, "energy": 51.410607, "activity_lines": [ 52.804904, 51.479437, 51.54713, 51.017948 ] }, { "date": "2025-05-30", "close": 53.216995, "volume": 8505, "typical_volume": 18485.8, "trend": 50.256561, "fair_value": 42.603175, "relative_strength": 3.416375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.663049, "energy": 69.314743, "activity_lines": [ 53.08611, 51.880793, 51.71634, 51.221524 ] }, { "date": "2025-06-06", "close": 54.057697, "volume": 2289, "typical_volume": 18525.9, "trend": 50.504328, "fair_value": 42.739712, "relative_strength": 4.206704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.576407, "energy": 75.479791, "activity_lines": [ 53.476495, 52.432883, 51.943024, 51.466758 ] }, { "date": "2025-06-13", "close": 52.663006, "volume": 17531, "typical_volume": 18185.3, "trend": 50.706251, "fair_value": 42.876452, "relative_strength": 1.305742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.322246, "energy": 49.519812, "activity_lines": [ 53.262027, 52.69552, 52.018233, 51.606028 ] }, { "date": "2025-06-20", "close": 52.079857, "volume": 4460, "typical_volume": 18395.8, "trend": 50.889622, "fair_value": 43.003396, "relative_strength": 0.99602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.272368, "energy": 36.186091, "activity_lines": [ 52.842161, 52.764349, 52.029122, 51.694648 ] }, { "date": "2025-06-27", "close": 53.01289, "volume": 21626, "typical_volume": 18923.2, "trend": 51.097483, "fair_value": 43.142067, "relative_strength": 2.445851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.403759, "energy": 30.215454, "activity_lines": [ 52.847019, 52.907838, 52.125746, 51.831633 ] }, { "date": "2025-07-04", "close": 52.740757, "volume": 11152, "typical_volume": 19275.8, "trend": 51.240237, "fair_value": 43.275167, "relative_strength": 1.605973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.27033, "energy": 23.735992, "activity_lines": [ 52.758575, 52.917115, 52.190621, 51.93765 ] }, { "date": "2025-07-11", "close": 53.634914, "volume": 12067, "typical_volume": 16016.1, "trend": 51.41707, "fair_value": 43.415564, "relative_strength": 1.936645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.499242, "energy": 31.581142, "activity_lines": [ 52.999933, 53.050973, 52.344402, 52.092146 ] }, { "date": "2025-07-18", "close": 53.421097, "volume": 7019, "typical_volume": 15637.3, "trend": 51.618462, "fair_value": 43.547308, "relative_strength": 0.881526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.951628, "energy": 45.891461, "activity_lines": [ 53.198203, 53.115473, 52.476663, 52.221438 ] }, { "date": "2025-07-25", "close": 53.459972, "volume": 17792, "typical_volume": 16155.2, "trend": 51.815667, "fair_value": 43.673201, "relative_strength": -0.52165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.123441, "energy": 54.097303, "activity_lines": [ 53.358893, 53.170254, 52.611447, 52.340245 ] }, { "date": "2025-08-01", "close": 51.61351, "volume": 24092, "typical_volume": 17054.0, "trend": 51.956887, "fair_value": 43.7863, "relative_strength": -3.472935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.545015, "energy": 18.53614, "activity_lines": [ 52.812088, 52.895234, 52.56959, 52.327202 ] }, { "date": "2025-08-08", "close": 53.381981, "volume": 120236, "typical_volume": 22776.2, "trend": 52.120531, "fair_value": 43.90728, "relative_strength": -0.569511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.443505, "energy": 23.692219, "activity_lines": [ 52.948065, 52.96649, 52.701226, 52.419144 ] }, { "date": "2025-08-15", "close": 54.459953, "volume": 2112, "typical_volume": 22365.05, "trend": 52.264476, "fair_value": 44.038378, "relative_strength": 0.854258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.561409, "energy": 37.673232, "activity_lines": [ 53.400617, 53.230742, 52.934184, 52.570074 ] }, { "date": "2025-08-22", "close": 54.802719, "volume": 2228, "typical_volume": 20448.2, "trend": 52.397271, "fair_value": 44.179135, "relative_strength": -0.553541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.837399, "energy": 46.108423, "activity_lines": [ 53.912423, 53.550001, 53.188477, 52.733832 ] }, { "date": "2025-08-29", "close": 53.436626, "volume": 6218, "typical_volume": 18560.9, "trend": 52.464373, "fair_value": 44.313992, "relative_strength": -1.643619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.474622, "energy": 57.654799, "activity_lines": [ 53.876756, 53.581976, 53.279486, 52.800887 ] }, { "date": "2025-09-05", "close": 53.034248, "volume": 5579, "typical_volume": 18192.05, "trend": 52.505905, "fair_value": 44.44471, "relative_strength": -2.655521, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.790362, "energy": 50.061703, "activity_lines": [ 53.708519, 53.516122, 53.300836, 52.837653 ] }, { "date": "2025-09-12", "close": 53.754551, "volume": 11877, "typical_volume": 18382.0, "trend": 52.513457, "fair_value": 44.58487, "relative_strength": -2.170762, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.482619, "energy": 34.431847, "activity_lines": [ 53.685668, 53.580845, 53.368493, 52.918211 ] }, { "date": "2025-09-19", "close": 54.628853, "volume": 27313, "typical_volume": 18861.0, "trend": 52.554687, "fair_value": 44.738957, "relative_strength": 0.076286, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.06683, "energy": 35.770208, "activity_lines": [ 53.929412, 53.786099, 53.504638, 53.054688 ] }, { "date": "2025-09-26", "close": 54.912006, "volume": 8619, "typical_volume": 18136.55, "trend": 52.612645, "fair_value": 44.896593, "relative_strength": -0.146315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.062363, "energy": 44.518431, "activity_lines": [ 54.256281, 54.024763, 53.655034, 53.206774 ] }, { "date": "2025-10-03", "close": 56.278099, "volume": 5355, "typical_volume": 18368.6, "trend": 52.712091, "fair_value": 45.059474, "relative_strength": 0.069712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.730973, "energy": 74.580763, "activity_lines": [ 55.031229, 54.484701, 53.924038, 53.443254 ] }, { "date": "2025-10-10", "close": 55.319351, "volume": 1421, "typical_volume": 15874.55, "trend": 52.800149, "fair_value": 45.215349, "relative_strength": -0.966286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.621067, "energy": 73.597905, "activity_lines": [ 55.297162, 54.719082, 54.089863, 53.611465 ] }, { "date": "2025-10-17", "close": 56.059525, "volume": 15750, "typical_volume": 16236.8, "trend": 52.898788, "fair_value": 45.37113, "relative_strength": 1.072509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.631626, "energy": 77.415016, "activity_lines": [ 55.657479, 55.020661, 54.315013, 53.821747 ] }, { "date": "2025-10-24", "close": 56.650673, "volume": 5640, "typical_volume": 16404.35, "trend": 53.050987, "fair_value": 45.522655, "relative_strength": -0.962646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.703505, "energy": 80.405807, "activity_lines": [ 56.061181, 55.38104, 54.582926, 54.063804 ] }, { "date": "2025-10-31", "close": 56.605961, "volume": 103895, "typical_volume": 20722.55, "trend": 53.343351, "fair_value": 45.669301, "relative_strength": -1.781401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.371643, "energy": 79.033465, "activity_lines": [ 56.315192, 55.693457, 54.834234, 54.293157 ] }, { "date": "2025-11-07", "close": 55.667084, "volume": 11112, "typical_volume": 21055.15, "trend": 53.637059, "fair_value": 45.799289, "relative_strength": -3.055949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.919911, "energy": 64.470309, "activity_lines": [ 56.143312, 55.802383, 54.977349, 54.443076 ] }, { "date": "2025-11-14", "close": 56.963631, "volume": 1162, "typical_volume": 20031.95, "trend": 53.924094, "fair_value": 45.934193, "relative_strength": -0.989751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.331805, "energy": 64.150577, "activity_lines": [ 56.44435, 56.106492, 55.226862, 54.657693 ] }, { "date": "2025-11-21", "close": 55.175289, "volume": 102726, "typical_volume": 24610.65, "trend": 54.074899, "fair_value": 46.055431, "relative_strength": -2.548883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.112868, "energy": 41.579133, "activity_lines": [ 56.039654, 56.014004, 55.287245, 54.738415 ] }, { "date": "2025-11-28", "close": 56.745056, "volume": 21805, "typical_volume": 25097.55, "trend": 54.234455, "fair_value": 46.185377, "relative_strength": -1.702038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.168555, "energy": 42.76651, "activity_lines": [ 56.217164, 56.181096, 55.485536, 54.910684 ] }, { "date": "2025-12-05", "close": 57.346138, "volume": 58779, "typical_volume": 27685.55, "trend": 54.396067, "fair_value": 46.321522, "relative_strength": -0.143321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.25598, "energy": 50.013074, "activity_lines": [ 56.588742, 56.419, 55.726262, 55.111437 ] }, { "date": "2025-12-12", "close": 57.380913, "volume": 29529, "typical_volume": 28272.4, "trend": 54.515912, "fair_value": 46.465805, "relative_strength": 0.063411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.035552, "energy": 48.472886, "activity_lines": [ 56.922566, 56.618969, 55.95161, 55.304008 ] }, { "date": "2025-12-19", "close": 57.77832, "volume": 33335, "typical_volume": 28734.55, "trend": 54.676056, "fair_value": 46.611776, "relative_strength": -1.76509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.425099, "energy": 70.460193, "activity_lines": [ 57.274604, 56.871143, 56.196135, 55.514486 ] }, { "date": "2025-12-26", "close": 57.629292, "volume": 437, "typical_volume": 22744.6, "trend": 54.823132, "fair_value": 46.756922, "relative_strength": -1.754916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.391856, "energy": 71.80529, "activity_lines": [ 57.522654, 57.051513, 56.39711, 55.705017 ] }, { "date": "2026-01-02", "close": 58.597977, "volume": 3870, "typical_volume": 22832.5, "trend": 54.974475, "fair_value": 46.896165, "relative_strength": -0.95159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.870336, "energy": 80.325117, "activity_lines": [ 57.929998, 57.379466, 56.670116, 55.948556 ] }, { "date": "2026-01-09", "close": 60.078327, "volume": 41033, "typical_volume": 24772.75, "trend": 55.221652, "fair_value": 47.037115, "relative_strength": -0.208083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.599459, "energy": 91.734768, "activity_lines": [ 58.707265, 57.941168, 57.064403, 56.277836 ] }, { "date": "2026-01-16", "close": 60.361481, "volume": 36210, "typical_volume": 26272.35, "trend": 55.497706, "fair_value": 47.181891, "relative_strength": -0.822779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.616218, "energy": 93.82709, "activity_lines": [ 59.39677, 58.491219, 57.460535, 56.609438 ] }, { "date": "2026-01-23", "close": 59.576595, "volume": 8630, "typical_volume": 26424.9, "trend": 55.716497, "fair_value": 47.318196, "relative_strength": -1.192431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.528678, "energy": 86.043654, "activity_lines": [ 59.625942, 58.81321, 57.74894, 56.872592 ] }, { "date": "2026-01-30", "close": 59.556725, "volume": 29440, "typical_volume": 27303.05, "trend": 55.943696, "fair_value": 47.449906, "relative_strength": -1.966603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.809175, "energy": 80.226589, "activity_lines": [ 59.728605, 59.08408, 58.004299, 57.120349 ] }, { "date": "2026-02-06", "close": 60.113098, "volume": 30312, "typical_volume": 27453.0, "trend": 56.159635, "fair_value": 47.588172, "relative_strength": -2.397702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.210077, "energy": 63.19764, "activity_lines": [ 59.888231, 59.376447, 58.285017, 57.389343 ] }, { "date": "2026-02-13", "close": 60.049999, "volume": 14571, "typical_volume": 27750.6, "trend": 56.380598, "fair_value": 47.721636, "relative_strength": -3.095437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.561506, "energy": 60.232215, "activity_lines": [ 59.925816, 59.596104, 58.533609, 57.640334 ] }, { "date": "2026-02-20", "close": 61.43, "volume": 54250, "typical_volume": 30195.35, "trend": 56.646266, "fair_value": 47.868461, "relative_strength": -2.967992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.543994, "energy": 69.381313, "activity_lines": [ 60.425289, 60.017509, 58.889164, 57.966102 ] }, { "date": "2026-02-27", "close": 61.615002, "volume": 15275, "typical_volume": 30888.05, "trend": 56.979649, "fair_value": 48.010388, "relative_strength": -4.550825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.404354, "energy": 81.007634, "activity_lines": [ 60.915195, 60.39893, 59.237805, 58.286665 ] }, { "date": "2026-03-06", "close": 57.904999, "volume": 25473, "typical_volume": 31374.2, "trend": 57.130416, "fair_value": 48.133298, "relative_strength": -4.68201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.51638, "energy": 39.927993, "activity_lines": [ 60.03254, 60.036049, 59.203133, 58.346365 ] }, { "date": "2026-03-13", "close": 57.355, "volume": 30252, "typical_volume": 32604.8, "trend": 57.226918, "fair_value": 48.261624, "relative_strength": -5.211953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.108247, "energy": 17.395932, "activity_lines": [ 59.076667, 59.568154, 59.107292, 58.360855 ] }, { "date": "2026-03-20", "close": 55.360001, "volume": 19551, "typical_volume": 28387.6, "trend": 57.245494, "fair_value": 48.373204, "relative_strength": -5.172919, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.31553, "energy": 29.031309, "activity_lines": [ 57.639667, 58.760132, 58.818098, 58.240408 ] }, { "date": "2026-03-27", "close": 55.330002, "volume": 11450, "typical_volume": 28404.5, "trend": 57.308607, "fair_value": 48.473245, "relative_strength": -5.547974, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.532032, "energy": 45.422696, "activity_lines": [ 56.505334, 58.032443, 58.531979, 58.116828 ] }, { "date": "2026-04-03", "close": 57.200001, "volume": 15229, "typical_volume": 29107.85, "trend": 57.447465, "fair_value": 48.585317, "relative_strength": -6.603013, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.529909, "energy": 38.544168, "activity_lines": [ 56.401001, 57.736236, 58.425561, 58.109821 ] }, { "date": "2026-04-10", "close": 59.755001, "volume": 40352, "typical_volume": 25989.15, "trend": 57.64748, "fair_value": 48.709428, "relative_strength": -3.864902, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.934994, "energy": 19.710471, "activity_lines": [ 57.442668, 57.947784, 58.56135, 58.258695 ] }, { "date": "2026-04-17", "close": 61.044998, "volume": 2544, "typical_volume": 25026.1, "trend": 57.861351, "fair_value": 48.840738, "relative_strength": -2.368772, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 49.049799, "energy": 22.878366, "activity_lines": [ 58.791, 58.390273, 58.798189, 58.477889 ] }, { "date": "2026-04-24", "close": 59.380001, "volume": 15043, "typical_volume": 22839.3, "trend": 58.010285, "fair_value": 48.962944, "relative_strength": -2.296421, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.509585, "energy": 30.870904, "activity_lines": [ 59.338334, 58.513091, 58.85598, 58.575867 ] }, { "date": "2026-05-01", "close": 59.77, "volume": 6248, "typical_volume": 21675.25, "trend": 58.126681, "fair_value": 49.087664, "relative_strength": -1.420789, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.22176, "energy": 36.943746, "activity_lines": [ 59.747667, 58.719, 58.941229, 58.689397 ] }, { "date": "2026-05-08", "close": 60.044998, "volume": 7371, "typical_volume": 20377.05, "trend": 58.284203, "fair_value": 49.214309, "relative_strength": 0.387359, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.64761, "energy": 36.176183, "activity_lines": [ 59.952666, 59.005091, 59.041291, 58.813159 ] }, { "date": "2026-05-15", "close": 59.355, "volume": 6184, "typical_volume": 20664.4, "trend": 58.394052, "fair_value": 49.330695, "relative_strength": -0.277417, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.013557, "energy": 38.553273, "activity_lines": [ 59.737999, 59.194273, 59.064846, 58.882243 ] }, { "date": "2026-05-22", "close": 61.5, "volume": 22485, "typical_volume": 21595.15, "trend": 58.555696, "fair_value": 49.464248, "relative_strength": 0.718494, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.369858, "energy": 44.697429, "activity_lines": [ 60.265, 59.747091, 59.284469, 59.082627 ] }, { "date": "2026-05-29", "close": 62.02, "volume": 1273, "typical_volume": 19607.15, "trend": 58.736164, "fair_value": 49.601486, "relative_strength": 2.162745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.677957, "energy": 53.886344, "activity_lines": [ 60.935, 60.319091, 59.539796, 59.30613 ] }, { "date": "2026-06-05", "close": 61.994999, "volume": 11599, "typical_volume": 18376.6, "trend": 58.947095, "fair_value": 49.740864, "relative_strength": 2.573766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.38159, "energy": 64.203116, "activity_lines": [ 61.420666, 60.765454, 59.783497, 59.516378 ] }, { "date": "2026-06-12", "close": 63.060001, "volume": 1517, "typical_volume": 18020.95, "trend": 59.150307, "fair_value": 49.880224, "relative_strength": 3.279191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.68406, "energy": 77.921622, "activity_lines": [ 62.113, 61.284273, 60.120847, 59.781726 ] }, { "date": "2026-06-19", "close": 64.330002, "volume": 1166, "typical_volume": 16607.25, "trend": 59.455464, "fair_value": 50.035392, "relative_strength": 6.365739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.594744, "energy": 85.403407, "activity_lines": [ 63.027667, 61.927455, 60.562563, 60.1159 ] }, { "date": "2026-06-26", "close": 63.610001, "volume": 766, "typical_volume": 15129.95, "trend": 59.684296, "fair_value": 50.177632, "relative_strength": 3.717194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.408936, "energy": 83.200079, "activity_lines": [ 63.370668, 62.356546, 60.912976, 60.383935 ] }, { "date": "2026-07-03", "close": 65.589996, "volume": 1, "typical_volume": 14401.45, "trend": 59.959091, "fair_value": 50.342827, "relative_strength": 5.176198, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.157397, "energy": 93.345871, "activity_lines": [ 64.232999, 63.099, 61.435309, 60.764948 ] }, { "date": "2026-07-10", "close": 64.150002, "volume": 49780, "typical_volume": 14177.95, "trend": 60.184727, "fair_value": 50.488646, "relative_strength": 4.608939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.232394, "energy": 85.563324, "activity_lines": [ 64.377333, 63.466727, 61.794119, 61.035329 ] }, { "date": "2026-07-17", "close": 63.845001, "volume": 4070, "typical_volume": 13617.7, "trend": 60.38695, "fair_value": 50.632745, "relative_strength": 3.071156, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.801086, "energy": 73.623781, "activity_lines": [ 64.276334, 63.699364, 62.110929, 61.271476 ] }, { "date": "2026-07-24", "close": 64.254997, "volume": 2059, "typical_volume": 12447.0, "trend": 60.607807, "fair_value": 50.774707, "relative_strength": 2.379431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.044575, "energy": 60.744038, "activity_lines": [ 64.259666, 63.937454, 62.456167, 61.521027 ] }, { "date": "2026-07-31", "close": 65.040001, "volume": 3415, "typical_volume": 11105.15, "trend": 60.822541, "fair_value": 50.930219, "relative_strength": 2.273915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.89541, "energy": 57.552404, "activity_lines": [ 64.509666, 64.229182, 62.845929, 61.806975 ] }, { "date": "2026-08-07", "close": 66.839996, "volume": 7462, "typical_volume": 10500.7, "trend": 61.04793, "fair_value": 51.098044, "relative_strength": 4.695847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.544248, "energy": 68.477437, "activity_lines": [ 65.264332, 64.783817, 63.370523, 62.195198 ] } ], "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." } } }