{ "ticker": { "uuid": "0f41e805-513c-48c3-8bf5-75bb9b4bb272", "symbol": "EMIL-B", "name": "Fastighetsbolaget Emilshus AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 62.377, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.734, "architecture_energy": 47.367, "architecture_maturity": 5.114, "architecture_confidence": 73.314, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 27.62, "rotation_up": 17.53, "upward_expansion": 26.29, "deceleration": 47.58, "rotation_down": 64.57, "downward_expansion": 51.29 }, "activity_lines": [ 52.093334, 53.036364, 53.885238, 53.725505 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 51.400002, "trend_reference": 53.481788, "distance_from_trend": -0.038925, "trend_direction": "Improving", "fair_value": 42.587905, "distance_from_fair_value": 0.206915, "fair_value_direction": "Weakening", "relative_strength": -12.410023, "relative_strength_direction": "Weakening", "price_momentum": -0.034637, "excess_performance": -0.096131, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.038925, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.013882, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.206915, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.188076, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.1241, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.126042, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.034637, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.117601, "read": "Demand-led" } ], "volume": { "latest": 153788, "relative_activity": 0.485235, "balance": 2.117601, "dry_up": 0.177527, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.047142, "annualized_volatility": 0.276659, "from_high_reference": -0.13468, "from_low_reference": 0.123894 }, "levels": { "trend_reference": 53.481788, "fair_value_reference": 42.587905, "structural_low": 45.920663, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-03-08", "tenure": "Developing", "return": 0.09901, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-15", "end": "2024-05-31", "tenure": "Developing", "return": 0.081871, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-11-08", "tenure": "Established", "return": 0.218579, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-02-14", "tenure": "Established", "return": 0.182448, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-06-20", "tenure": "Established", "return": 0.13164, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-08-15", "tenure": "Developing", "return": -0.085742, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.047022, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-21", "tenure": "Developing", "return": 0.052917, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": 0.061264, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-07-10", "tenure": "Established", "return": 0.033145, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": -0.022599, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 22.861914, "volume": 47786, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 23.054031, "volume": 51558, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 22.38162, "volume": 293614, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 22.38162, "volume": 10675, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 22.861914, "volume": 45189, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 24.590969, "volume": 110994, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 24.975201, "volume": 22728, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 23.630383, "volume": 42454, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 25.167318, "volume": 15008, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 24.30279, "volume": 258404, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 24.110676, "volume": 18012, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 24.687027, "volume": 394527, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 24.975201, "volume": 119172, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 26.992426, "volume": 109756, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 25.64761, "volume": 234744, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 26.031843, "volume": 298555, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 26.512136, "volume": 247033, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 28.913599, "volume": 697589, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 29.105713, "volume": 316678, "typical_volume": 167623.6, "trend": 24.574957, "fair_value": 25.51637, "relative_strength": 8.664962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.336655, "energy": 60.131664, "activity_lines": [ 27.895378, 26.92606, 25.756933, 25.236727 ] }, { "date": "2023-12-29", "close": 30.546589, "volume": 21672, "typical_volume": 167807.4, "trend": 24.834315, "fair_value": 25.578471, "relative_strength": 13.054056, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.829068, "energy": 70.613712, "activity_lines": [ 28.996847, 27.729458, 26.291659, 25.621994 ] }, { "date": "2024-01-05", "close": 31.219, "volume": 100094, "typical_volume": 170422.8, "trend": 25.103278, "fair_value": 25.647258, "relative_strength": 18.363184, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.176955, "energy": 82.287382, "activity_lines": [ 29.995855, 28.541589, 26.86618, 26.033909 ] }, { "date": "2024-01-12", "close": 33.332283, "volume": 192415, "typical_volume": 177465.65, "trend": 25.439483, "fair_value": 25.739849, "relative_strength": 25.012107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.657018, "energy": 86.578235, "activity_lines": [ 31.35348, 29.60871, 27.60217, 26.564813 ] }, { "date": "2024-01-19", "close": 32.3717, "volume": 177239, "typical_volume": 171646.9, "trend": 25.772485, "fair_value": 25.818799, "relative_strength": 24.231521, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.309528, "energy": 81.880878, "activity_lines": [ 31.936235, 30.343994, 28.197733, 27.012053 ] }, { "date": "2024-01-26", "close": 32.3717, "volume": 42081, "typical_volume": 173217.2, "trend": 26.089478, "fair_value": 25.895892, "relative_strength": 20.336508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.400651, "energy": 75.914279, "activity_lines": [ 32.288449, 30.944796, 28.745723, 27.437808 ] }, { "date": "2024-02-02", "close": 34.677105, "volume": 150396, "typical_volume": 178477.55, "trend": 26.419279, "fair_value": 25.997999, "relative_strength": 28.583121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.406814, "energy": 69.933571, "activity_lines": [ 33.191399, 31.866957, 29.465704, 27.991849 ] }, { "date": "2024-02-09", "close": 32.851994, "volume": 40389, "typical_volume": 174947.3, "trend": 26.720262, "fair_value": 26.076781, "relative_strength": 22.453365, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.452755, "energy": 52.727182, "activity_lines": [ 33.210612, 32.293107, 29.955602, 28.406863 ] }, { "date": "2024-02-16", "close": 38.615501, "volume": 161298, "typical_volume": 181875.8, "trend": 27.200554, "fair_value": 26.219266, "relative_strength": 39.635619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.737835, "energy": 64.605077, "activity_lines": [ 35.042126, 33.643166, 30.955068, 29.174297 ] }, { "date": "2024-02-23", "close": 32.755936, "volume": 156158, "typical_volume": 187561.0, "trend": 27.427893, "fair_value": 26.292712, "relative_strength": 16.780982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.078315, "energy": 49.368457, "activity_lines": [ 34.568238, 33.707787, 31.331525, 29.532709 ] }, { "date": "2024-03-01", "close": 32.179585, "volume": 131299, "typical_volume": 193375.55, "trend": 27.652029, "fair_value": 26.358122, "relative_strength": 13.13718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.442043, "energy": 40.864005, "activity_lines": [ 33.876618, 33.597757, 31.609637, 29.83927 ] }, { "date": "2024-03-08", "close": 31.987469, "volume": 93549, "typical_volume": 185132.8, "trend": 27.869762, "fair_value": 26.419983, "relative_strength": 10.803919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.22293, "energy": 31.857939, "activity_lines": [ 33.133766, 33.396907, 31.836061, 30.118976 ] }, { "date": "2024-03-15", "close": 32.851994, "volume": 34042, "typical_volume": 185934.3, "trend": 28.202764, "fair_value": 26.489896, "relative_strength": 11.550265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.217596, "energy": 19.834923, "activity_lines": [ 32.858398, 33.327047, 32.108227, 30.44041 ] }, { "date": "2024-03-22", "close": 32.563816, "volume": 88091, "typical_volume": 170612.5, "trend": 28.519757, "fair_value": 26.555207, "relative_strength": 10.19834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.969703, "energy": 18.730082, "activity_lines": [ 32.486971, 33.175099, 32.311322, 30.721768 ] }, { "date": "2024-03-29", "close": 33.332283, "volume": 177330, "typical_volume": 173520.4, "trend": 28.884779, "fair_value": 26.627304, "relative_strength": 13.025754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.480798, "energy": 18.819918, "activity_lines": [ 32.775146, 33.176845, 32.550095, 31.032254 ] }, { "date": "2024-04-05", "close": 32.851994, "volume": 64325, "typical_volume": 171248.85, "trend": 29.233792, "fair_value": 26.692827, "relative_strength": 11.566871, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.746434, "energy": 19.886559, "activity_lines": [ 32.8648, 33.073801, 32.703331, 31.288203 ] }, { "date": "2024-04-12", "close": 32.659878, "volume": 102293, "typical_volume": 164626.3, "trend": 29.560391, "fair_value": 26.754983, "relative_strength": 10.408204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.676011, "energy": 18.639977, "activity_lines": [ 32.845589, 32.927094, 32.810368, 31.509241 ] }, { "date": "2024-04-19", "close": 31.987469, "volume": 73198, "typical_volume": 153358.45, "trend": 29.806941, "fair_value": 26.808927, "relative_strength": 8.031704, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.864919, "energy": 13.985052, "activity_lines": [ 32.557415, 32.694807, 32.819974, 31.665827 ] }, { "date": "2024-04-26", "close": 31.507174, "volume": 48550, "typical_volume": 143434.3, "trend": 30.024673, "fair_value": 26.856868, "relative_strength": 3.836917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.346397, "energy": 9.420798, "activity_lines": [ 32.166777, 32.390913, 32.755478, 31.775519 ] }, { "date": "2024-05-03", "close": 30.738708, "volume": 124204, "typical_volume": 114765.05, "trend": 30.261617, "fair_value": 26.896078, "relative_strength": 1.6872, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.62053, "energy": 9.746496, "activity_lines": [ 31.590426, 32.07654, 32.594008, 31.821586 ] }, { "date": "2024-05-10", "close": 30.450533, "volume": 228957, "typical_volume": 110379.0, "trend": 30.437724, "fair_value": 26.931623, "relative_strength": -2.764558, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.044906, "energy": 17.474047, "activity_lines": [ 31.090922, 31.746448, 32.396402, 31.833774 ] }, { "date": "2024-05-17", "close": 30.930826, "volume": 1843161, "typical_volume": 201453.45, "trend": 30.658659, "fair_value": 26.971219, "relative_strength": -0.480123, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.061063, "energy": 24.316862, "activity_lines": [ 30.911614, 31.53512, 32.238135, 31.865587 ] }, { "date": "2024-05-24", "close": 34.196812, "volume": 1217294, "typical_volume": 257313.45, "trend": 30.994863, "fair_value": 27.042058, "relative_strength": 8.640621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.392064, "energy": 14.762029, "activity_lines": [ 31.936237, 31.936819, 32.389084, 32.093855 ] }, { "date": "2024-05-31", "close": 35.54163, "volume": 325187, "typical_volume": 263952.05, "trend": 31.356684, "fair_value": 27.124578, "relative_strength": 13.123193, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 53.73444, "energy": 33.056465, "activity_lines": [ 33.261843, 32.558579, 32.65393, 32.387195 ] }, { "date": "2024-06-07", "close": 35.157394, "volume": 230610, "typical_volume": 266620.6, "trend": 31.69609, "fair_value": 27.201817, "relative_strength": 10.480104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.498077, "energy": 50.797738, "activity_lines": [ 34.190407, 33.056336, 32.871663, 32.632402 ] }, { "date": "2024-06-14", "close": 35.157394, "volume": 813378, "typical_volume": 305185.45, "trend": 31.968256, "fair_value": 27.277584, "relative_strength": 12.490886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.691034, "energy": 61.058477, "activity_lines": [ 34.824392, 33.520909, 33.07613, 32.855712 ] }, { "date": "2024-06-21", "close": 34.773163, "volume": 167133, "typical_volume": 306022.3, "trend": 32.272441, "fair_value": 27.348297, "relative_strength": 10.128151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.773954, "energy": 66.518317, "activity_lines": [ 35.01651, 33.873706, 33.230738, 33.036673 ] }, { "date": "2024-06-28", "close": 35.157394, "volume": 82273, "typical_volume": 308116.5, "trend": 32.576626, "fair_value": 27.421279, "relative_strength": 10.874314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.664241, "energy": 60.501492, "activity_lines": [ 35.080548, 34.257939, 33.421482, 33.222799 ] }, { "date": "2024-07-05", "close": 37.847034, "volume": 523713, "typical_volume": 326237.25, "trend": 32.954456, "fair_value": 27.517814, "relative_strength": 19.258957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.385128, "energy": 65.610593, "activity_lines": [ 35.977094, 35.073563, 33.857405, 33.562826 ] }, { "date": "2024-07-12", "close": 38.135212, "volume": 256749, "typical_volume": 331266.8, "trend": 33.261843, "fair_value": 27.615222, "relative_strength": 16.081696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.043429, "energy": 63.074504, "activity_lines": [ 36.816007, 35.826313, 34.324432, 33.897068 ] }, { "date": "2024-07-19", "close": 39.672142, "volume": 625054, "typical_volume": 355954.55, "trend": 33.614057, "fair_value": 27.72483, "relative_strength": 22.715004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.729567, "energy": 71.701833, "activity_lines": [ 37.968707, 36.724022, 34.912218, 34.310636 ] }, { "date": "2024-07-26", "close": 38.999733, "volume": 88192, "typical_volume": 355686.7, "trend": 33.895829, "fair_value": 27.826406, "relative_strength": 19.593913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.346101, "energy": 73.714405, "activity_lines": [ 38.596289, 37.33181, 35.400287, 34.658099 ] }, { "date": "2024-08-02", "close": 39.480022, "volume": 14607, "typical_volume": 354714.95, "trend": 34.171196, "fair_value": 27.930456, "relative_strength": 25.693886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.855498, "energy": 70.177002, "activity_lines": [ 39.102195, 37.880216, 35.900705, 35.018369 ] }, { "date": "2024-08-09", "close": 41.209084, "volume": 420051, "typical_volume": 371312.95, "trend": 34.433756, "fair_value": 28.047966, "relative_strength": 30.61995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.369754, "energy": 64.886701, "activity_lines": [ 39.89628, 38.646938, 36.534234, 35.472427 ] }, { "date": "2024-08-16", "close": 42.938133, "volume": 83417, "typical_volume": 366617.3, "trend": 34.78597, "fair_value": 28.178581, "relative_strength": 30.862942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.331044, "energy": 70.834191, "activity_lines": [ 41.042578, 39.624988, 37.291266, 36.021096 ] }, { "date": "2024-08-23", "close": 42.746014, "volume": 151746, "typical_volume": 370988.35, "trend": 35.131781, "fair_value": 28.305255, "relative_strength": 27.811544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.014073, "energy": 72.692873, "activity_lines": [ 41.804642, 40.426639, 37.984259, 36.534647 ] }, { "date": "2024-08-30", "close": 42.553898, "volume": 157467, "typical_volume": 373747.05, "trend": 35.394341, "fair_value": 28.428088, "relative_strength": 24.31288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.054429, "energy": 65.296025, "activity_lines": [ 42.297742, 41.055386, 38.611841, 37.013494 ] }, { "date": "2024-09-06", "close": 40.152439, "volume": 74118, "typical_volume": 373793.05, "trend": 35.637689, "fair_value": 28.528296, "relative_strength": 21.686057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.310981, "energy": 49.488889, "activity_lines": [ 41.753412, 41.106035, 38.963599, 37.320468 ] }, { "date": "2024-09-13", "close": 43.322365, "volume": 686609, "typical_volume": 405696.0, "trend": 35.794584, "fair_value": 28.653669, "relative_strength": 27.749944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.797674, "energy": 47.927379, "activity_lines": [ 42.220896, 41.642216, 39.578373, 37.816253 ] }, { "date": "2024-09-20", "close": 45.051426, "volume": 93814, "typical_volume": 404176.5, "trend": 36.204434, "fair_value": 28.791466, "relative_strength": 28.939817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.072646, "energy": 49.371189, "activity_lines": [ 43.123848, 42.39322, 40.301556, 38.413469 ] }, { "date": "2024-09-27", "close": 44.955357, "volume": 236613, "typical_volume": 404559.3, "trend": 36.630293, "fair_value": 28.926165, "relative_strength": 24.761034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.725378, "energy": 48.761905, "activity_lines": [ 43.853891, 43.001008, 40.947435, 38.978045 ] }, { "date": "2024-10-04", "close": 46.108063, "volume": 252149, "typical_volume": 325008.7, "trend": 37.100979, "fair_value": 29.068164, "relative_strength": 28.492482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.336366, "energy": 59.671412, "activity_lines": [ 44.820879, 43.72232, 41.634024, 39.589514 ] }, { "date": "2024-10-11", "close": 46.87653, "volume": 314085, "typical_volume": 279848.25, "trend": 37.568464, "fair_value": 29.214134, "relative_strength": 30.193187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.353718, "energy": 71.014235, "activity_lines": [ 45.807079, 44.45411, 42.321529, 40.220194 ] }, { "date": "2024-10-18", "close": 47.356823, "volume": 297616, "typical_volume": 278469.7, "trend": 38.061564, "fair_value": 29.361636, "relative_strength": 30.065055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.728764, "energy": 73.268803, "activity_lines": [ 46.505104, 45.138745, 42.994396, 40.851701 ] }, { "date": "2024-10-25", "close": 45.723827, "volume": 494012, "typical_volume": 291639.8, "trend": 38.474616, "fair_value": 29.493589, "relative_strength": 24.674236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.952517, "energy": 58.325239, "activity_lines": [ 46.389833, 45.414695, 43.455476, 41.346041 ] }, { "date": "2024-11-01", "close": 43.7066, "volume": 75317, "typical_volume": 254736.75, "trend": 38.836436, "fair_value": 29.607293, "relative_strength": 19.913982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.482738, "energy": 41.344531, "activity_lines": [ 45.557327, 45.273227, 43.674123, 41.683588 ] }, { "date": "2024-11-08", "close": 42.842075, "volume": 380309, "typical_volume": 265395.55, "trend": 39.175842, "fair_value": 29.712331, "relative_strength": 16.694919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.838, "energy": 27.290191, "activity_lines": [ 44.519895, 44.957107, 43.769725, 41.942017 ] }, { "date": "2024-11-15", "close": 41.593315, "volume": 191779, "typical_volume": 270870.85, "trend": 39.496037, "fair_value": 29.805882, "relative_strength": 14.832834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.516627, "energy": 19.52742, "activity_lines": [ 43.283943, 44.408701, 43.707973, 42.097983 ] }, { "date": "2024-11-22", "close": 43.7066, "volume": 190899, "typical_volume": 254230.15, "trend": 39.902685, "fair_value": 29.914481, "relative_strength": 19.533346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.759445, "energy": 20.253457, "activity_lines": [ 43.104634, 44.21833, 43.816839, 42.369632 ] }, { "date": "2024-11-29", "close": 46.972588, "volume": 459026, "typical_volume": 264344.0, "trend": 40.443814, "fair_value": 30.046715, "relative_strength": 27.280515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.796447, "energy": 21.02612, "activity_lines": [ 44.257336, 44.61479, 44.208849, 42.825754 ] }, { "date": "2024-12-06", "close": 44.186893, "volume": 130571, "typical_volume": 239619.85, "trend": 40.901693, "fair_value": 30.155485, "relative_strength": 14.318357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.542227, "energy": 16.40608, "activity_lines": [ 44.398221, 44.469829, 44.293472, 43.067243 ] }, { "date": "2024-12-13", "close": 42.073608, "volume": 62819, "typical_volume": 238351.2, "trend": 41.273119, "fair_value": 30.246463, "relative_strength": 10.692422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.425004, "energy": 9.935656, "activity_lines": [ 43.802659, 43.954606, 44.155331, 43.142851 ] }, { "date": "2024-12-20", "close": 42.746014, "volume": 121784, "typical_volume": 243710.05, "trend": 41.558092, "fair_value": 30.341157, "relative_strength": 15.423145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.548074, "energy": 8.248912, "activity_lines": [ 43.482464, 43.634993, 44.066591, 43.237876 ] }, { "date": "2024-12-27", "close": 41.881493, "volume": 63374, "typical_volume": 225876.2, "trend": 41.769421, "fair_value": 30.427926, "relative_strength": 11.796731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.059143, "energy": 9.534532, "activity_lines": [ 42.797248, 43.233295, 43.879964, 43.258741 ] }, { "date": "2025-01-03", "close": 44.763241, "volume": 11713, "typical_volume": 222291.0, "trend": 42.089616, "fair_value": 30.534906, "relative_strength": 17.805883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.856619, "energy": 12.355822, "activity_lines": [ 43.194289, 43.455102, 43.964586, 43.451891 ] }, { "date": "2025-01-10", "close": 40.344555, "volume": 206098, "typical_volume": 225008.6, "trend": 42.262521, "fair_value": 30.60757, "relative_strength": 5.412816, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.331587, "energy": 13.636989, "activity_lines": [ 42.265724, 42.890977, 43.619691, 43.339306 ] }, { "date": "2025-01-17", "close": 40.344555, "volume": 99824, "typical_volume": 222126.45, "trend": 42.448234, "fair_value": 30.679166, "relative_strength": 1.469259, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.085901, "energy": 27.534809, "activity_lines": [ 41.593315, 42.38798, 43.286231, 43.215566 ] }, { "date": "2025-01-24", "close": 42.649956, "volume": 123167, "typical_volume": 224578.9, "trend": 42.697986, "fair_value": 30.766544, "relative_strength": 4.857726, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.392881, "energy": 18.381283, "activity_lines": [ 41.804643, 42.349556, 43.182853, 43.228581 ] }, { "date": "2025-01-31", "close": 43.418427, "volume": 55655, "typical_volume": 193031.2, "trend": 42.8837, "fair_value": 30.858224, "relative_strength": 6.497768, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.221507, "energy": 16.52925, "activity_lines": [ 42.278532, 42.431643, 43.140771, 43.275061 ] }, { "date": "2025-02-07", "close": 48.029228, "volume": 109098, "typical_volume": 193795.4, "trend": 43.2135, "fair_value": 30.981756, "relative_strength": 18.549314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.958877, "energy": 22.036049, "activity_lines": [ 44.186892, 43.357297, 43.537354, 43.60703 ] }, { "date": "2025-02-14", "close": 49.181938, "volume": 236520, "typical_volume": 193790.75, "trend": 43.530493, "fair_value": 31.111758, "relative_strength": 17.638569, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.104125, "energy": 50.290413, "activity_lines": [ 46.261757, 44.473322, 44.02954, 43.992091 ] }, { "date": "2025-02-21", "close": 44.763241, "volume": 341805, "typical_volume": 198273.55, "trend": 43.72261, "fair_value": 31.208577, "relative_strength": 6.38729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.732678, "energy": 45.708893, "activity_lines": [ 46.274563, 44.695129, 44.080771, 44.071623 ] }, { "date": "2025-02-28", "close": 49.374054, "volume": 564195, "typical_volume": 210779.05, "trend": 44.052411, "fair_value": 31.336503, "relative_strength": 16.593911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.045317, "energy": 64.782884, "activity_lines": [ 47.529729, 45.706364, 44.577531, 44.436232 ] }, { "date": "2025-03-07", "close": 42.746014, "volume": 359368, "typical_volume": 213866.65, "trend": 44.103642, "fair_value": 31.416289, "relative_strength": 0.426925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.210091, "energy": 36.595096, "activity_lines": [ 46.127274, 45.39199, 44.431156, 44.351948 ] }, { "date": "2025-03-14", "close": 44.763241, "volume": 309096, "typical_volume": 204620.85, "trend": 44.164479, "fair_value": 31.508977, "relative_strength": 6.513435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.755288, "energy": 19.397633, "activity_lines": [ 45.442056, 45.428667, 44.498854, 44.394503 ] }, { "date": "2025-03-21", "close": 41.593315, "volume": 232506, "typical_volume": 212480.3, "trend": 44.126056, "fair_value": 31.578524, "relative_strength": 0.599634, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.310516, "energy": 6.728078, "activity_lines": [ 43.917929, 44.888993, 44.269229, 44.228622 ] }, { "date": "2025-03-28", "close": 40.440609, "volume": 351262, "typical_volume": 211027.95, "trend": 44.055613, "fair_value": 31.639223, "relative_strength": 0.817416, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.467971, "energy": 26.679171, "activity_lines": [ 42.515474, 44.117031, 43.939885, 43.990851 ] }, { "date": "2025-04-04", "close": 43.418427, "volume": 414502, "typical_volume": 222164.1, "trend": 44.164479, "fair_value": 31.719354, "relative_strength": 19.474465, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.501622, "energy": 29.150236, "activity_lines": [ 42.393801, 43.884745, 43.905579, 43.949742 ] }, { "date": "2025-04-11", "close": 41.113022, "volume": 951048, "typical_volume": 260171.55, "trend": 44.090834, "fair_value": 31.782824, "relative_strength": 12.922916, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.92435, "energy": 39.637715, "activity_lines": [ 41.900701, 43.219322, 43.643019, 43.752874 ] }, { "date": "2025-04-18", "close": 43.034195, "volume": 140529, "typical_volume": 244246.7, "trend": 44.023593, "fair_value": 31.858337, "relative_strength": 13.537629, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.611965, "energy": 30.962844, "activity_lines": [ 42.156858, 42.945119, 43.575778, 43.684703 ] }, { "date": "2025-04-25", "close": 41.545288, "volume": 351070, "typical_volume": 255271.65, "trend": 43.909925, "fair_value": 31.922917, "relative_strength": 5.77847, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.570495, "energy": 25.395954, "activity_lines": [ 42.031983, 42.491025, 43.385491, 43.524813 ] }, { "date": "2025-05-02", "close": 44.763241, "volume": 113568, "typical_volume": 257809.1, "trend": 43.865097, "fair_value": 32.007952, "relative_strength": 11.520207, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.303367, "energy": 13.043488, "activity_lines": [ 42.982961, 42.760862, 43.514255, 43.579865 ] }, { "date": "2025-05-09", "close": 45.627766, "volume": 168552, "typical_volume": 260147.5, "trend": 43.823472, "fair_value": 32.097556, "relative_strength": 13.361825, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.518598, "energy": 7.966039, "activity_lines": [ 43.933938, 43.187884, 43.712547, 43.693586 ] }, { "date": "2025-05-16", "close": 45.387623, "volume": 1053271, "typical_volume": 309642.35, "trend": 43.757832, "fair_value": 32.184419, "relative_strength": 7.800133, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.146751, "energy": 14.086729, "activity_lines": [ 44.657578, 43.639359, 43.874245, 43.794499 ] }, { "date": "2025-05-23", "close": 45.243538, "volume": 512929, "typical_volume": 334703.15, "trend": 43.741822, "fair_value": 32.269219, "relative_strength": 9.588014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.970243, "energy": 28.412465, "activity_lines": [ 45.048217, 44.016607, 44.005525, 43.890351 ] }, { "date": "2025-05-30", "close": 44.763241, "volume": 49237, "typical_volume": 326860.1, "trend": 43.777043, "fair_value": 32.349825, "relative_strength": 7.178295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.009247, "energy": 32.379058, "activity_lines": [ 45.131467, 44.297796, 44.088776, 43.956249 ] }, { "date": "2025-06-06", "close": 45.531715, "volume": 220971, "typical_volume": 332917.45, "trend": 43.866698, "fair_value": 32.434324, "relative_strength": 7.342571, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.909093, "energy": 35.161146, "activity_lines": [ 45.256344, 44.661073, 44.224173, 44.069454 ] }, { "date": "2025-06-13", "close": 45.579742, "volume": 308184, "typical_volume": 342168.3, "trend": 43.999579, "fair_value": 32.560247, "relative_strength": 9.558098, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.598988, "energy": 31.820849, "activity_lines": [ 45.345999, 44.940516, 44.339443, 44.179973 ] }, { "date": "2025-06-20", "close": 47.068645, "volume": 37775, "typical_volume": 341274.3, "trend": 44.111647, "fair_value": 32.689557, "relative_strength": 12.978254, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.77837, "energy": 41.514517, "activity_lines": [ 45.935157, 45.451372, 44.582562, 44.377977 ] }, { "date": "2025-06-27", "close": 50.341198, "volume": 321398, "typical_volume": 351889.3, "trend": 44.223934, "fair_value": 32.841076, "relative_strength": 17.139846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.198585, "energy": 61.862887, "activity_lines": [ 47.503098, 46.448953, 45.119971, 44.779883 ] }, { "date": "2025-07-04", "close": 49.662224, "volume": 369586, "typical_volume": 358542.6, "trend": 44.406445, "fair_value": 32.987011, "relative_strength": 14.629553, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.287544, "energy": 69.352163, "activity_lines": [ 48.50487, 47.19023, 45.581707, 45.130741 ] }, { "date": "2025-07-11", "close": 49.468231, "volume": 98021, "typical_volume": 346353.4, "trend": 44.652933, "fair_value": 33.134781, "relative_strength": 12.105122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.199772, "energy": 74.179706, "activity_lines": [ 49.115378, 47.748655, 46.022679, 45.457308 ] }, { "date": "2025-07-18", "close": 49.856216, "volume": 138598, "typical_volume": 325073.55, "trend": 44.889939, "fair_value": 33.275802, "relative_strength": 12.394581, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.578533, "energy": 76.613611, "activity_lines": [ 49.592781, 48.292078, 46.478198, 45.793003 ] }, { "date": "2025-07-25", "close": 49.080246, "volume": 50397, "typical_volume": 309625.0, "trend": 45.129898, "fair_value": 33.405691, "relative_strength": 7.673444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.434777, "energy": 69.492864, "activity_lines": [ 49.526429, 48.617534, 46.857519, 46.063346 ] }, { "date": "2025-08-01", "close": 48.692261, "volume": 38008, "typical_volume": 296070.6, "trend": 45.260865, "fair_value": 33.526935, "relative_strength": 9.501589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.488264, "energy": 55.387538, "activity_lines": [ 49.196642, 48.805309, 47.169727, 46.293176 ] }, { "date": "2025-08-08", "close": 47.382805, "volume": 516416, "typical_volume": 310266.1, "trend": 45.495473, "fair_value": 33.638554, "relative_strength": 3.552625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.321679, "energy": 34.667896, "activity_lines": [ 48.540298, 48.692297, 47.338514, 46.430075 ] }, { "date": "2025-08-15", "close": 46.024857, "volume": 154546, "typical_volume": 300430.3, "trend": 45.684817, "fair_value": 33.744978, "relative_strength": -0.903698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.319095, "energy": 19.840929, "activity_lines": [ 47.583266, 48.284756, 47.350404, 46.464229 ] }, { "date": "2025-08-22", "close": 46.412842, "volume": 141570, "typical_volume": 286783.7, "trend": 45.810246, "fair_value": 33.853643, "relative_strength": -1.935655, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.076224, "energy": 22.968359, "activity_lines": [ 46.985121, 47.938793, 47.372653, 46.511198 ] }, { "date": "2025-08-29", "close": 48.304272, "volume": 759427, "typical_volume": 277202.65, "trend": 45.973108, "fair_value": 33.977327, "relative_strength": 4.30631, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.504212, "energy": 23.146789, "activity_lines": [ 47.247011, 47.921578, 47.56078, 46.672103 ] }, { "date": "2025-09-05", "close": 48.789257, "volume": 979282, "typical_volume": 319140.3, "trend": 45.998442, "fair_value": 34.10535, "relative_strength": 5.041656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.196536, "energy": 21.723817, "activity_lines": [ 47.722295, 47.970076, 47.760851, 46.85379 ] }, { "date": "2025-09-12", "close": 48.595264, "volume": 2405509, "typical_volume": 421862.25, "trend": 45.978886, "fair_value": 34.234501, "relative_strength": 4.134005, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.829775, "energy": 28.019819, "activity_lines": [ 48.126447, 48.011521, 47.915042, 47.021327 ] }, { "date": "2025-09-19", "close": 47.285809, "volume": 99070, "typical_volume": 421137.35, "trend": 46.062972, "fair_value": 34.379088, "relative_strength": 0.860282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.711003, "energy": 24.179177, "activity_lines": [ 48.013284, 47.834281, 47.910951, 47.105645 ] }, { "date": "2025-09-26", "close": 46.99482, "volume": 134918, "typical_volume": 419455.65, "trend": 45.983664, "fair_value": 34.536557, "relative_strength": 0.226784, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.697209, "energy": 18.090994, "activity_lines": [ 47.719061, 47.643815, 47.867135, 47.165764 ] }, { "date": "2025-10-03", "close": 47.876888, "volume": 85477, "typical_volume": 371065.95, "trend": 46.154693, "fair_value": 34.690444, "relative_strength": -1.030462, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.952115, "energy": 14.909603, "activity_lines": [ 47.680062, 47.665751, 47.900816, 47.287907 ] }, { "date": "2025-10-10", "close": 50.376095, "volume": 185684, "typical_volume": 354703.7, "trend": 46.341788, "fair_value": 34.856565, "relative_strength": 4.904904, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.76366, "energy": 33.576761, "activity_lines": [ 48.502625, 48.163967, 48.160663, 47.560256 ] }, { "date": "2025-10-17", "close": 54.492424, "volume": 703884, "typical_volume": 387436.05, "trend": 46.771759, "fair_value": 35.051935, "relative_strength": 13.497134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.612778, "energy": 72.27076, "activity_lines": [ 50.591508, 49.379991, 48.7881, 48.086103 ] }, { "date": "2025-10-24", "close": 55.276493, "volume": 252279, "typical_volume": 389001.45, "trend": 47.266288, "fair_value": 35.248637, "relative_strength": 11.333946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.205975, "energy": 83.757962, "activity_lines": [ 52.548603, 50.609307, 49.443882, 48.634796 ] }, { "date": "2025-10-31", "close": 57.138641, "volume": 297865, "typical_volume": 388485.5, "trend": 47.723629, "fair_value": 35.451365, "relative_strength": 15.465398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.029711, "energy": 90.737732, "activity_lines": [ 54.593702, 52.008984, 50.230607, 49.271722 ] }, { "date": "2025-11-07", "close": 52.434261, "volume": 210677, "typical_volume": 397130.6, "trend": 48.101003, "fair_value": 35.621227, "relative_strength": 6.994505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.692603, "energy": 79.139004, "activity_lines": [ 54.394419, 52.358305, 50.514253, 49.575633 ] }, { "date": "2025-11-14", "close": 50.376095, "volume": 453779, "typical_volume": 403749.65, "trend": 48.345733, "fair_value": 35.782822, "relative_strength": 1.714079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.843193, "energy": 50.474548, "activity_lines": [ 53.205257, 52.258323, 50.576333, 49.722414 ] }, { "date": "2025-11-21", "close": 49.788044, "volume": 101915, "typical_volume": 390366.1, "trend": 48.620492, "fair_value": 35.9388, "relative_strength": 2.561797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.938529, "energy": 26.964674, "activity_lines": [ 51.820077, 52.022572, 50.582242, 49.815466 ] }, { "date": "2025-11-28", "close": 49.984058, "volume": 407090, "typical_volume": 405819.55, "trend": 48.794519, "fair_value": 36.096034, "relative_strength": -0.21955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.620695, "energy": 22.621905, "activity_lines": [ 50.813861, 51.800772, 50.60622, 49.903438 ] }, { "date": "2025-12-05", "close": 50.768124, "volume": 134720, "typical_volume": 405625.65, "trend": 48.965864, "fair_value": 36.252753, "relative_strength": -0.160395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.411833, "energy": 22.478868, "activity_lines": [ 50.421829, 51.67247, 50.702414, 50.030767 ] }, { "date": "2025-12-12", "close": 51.454178, "volume": 92461, "typical_volume": 407728.85, "trend": 49.168083, "fair_value": 36.410175, "relative_strength": 1.19734, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.349995, "energy": 18.456121, "activity_lines": [ 50.683183, 51.600301, 50.859605, 50.191304 ] }, { "date": "2025-12-19", "close": 50.67012, "volume": 323492, "typical_volume": 422003.05, "trend": 49.348969, "fair_value": 36.566727, "relative_strength": -1.114398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.942559, "energy": 14.418813, "activity_lines": [ 50.748523, 51.320533, 50.930818, 50.288209 ] }, { "date": "2025-12-26", "close": 50.572105, "volume": 49594, "typical_volume": 398661.95, "trend": 49.542598, "fair_value": 36.723113, "relative_strength": -1.674255, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.859935, "energy": 11.171968, "activity_lines": [ 50.76159, 51.017599, 50.983279, 50.367121 ] }, { "date": "2026-01-02", "close": 53.83802, "volume": 110246, "typical_volume": 396446.95, "trend": 49.819474, "fair_value": 36.896123, "relative_strength": 3.414372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.054104, "energy": 27.616253, "activity_lines": [ 51.811024, 51.379746, 51.331592, 50.644245 ] }, { "date": "2026-01-09", "close": 53.04628, "volume": 386775, "typical_volume": 408707.2, "trend": 50.068359, "fair_value": 37.061257, "relative_strength": -1.499784, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.63723, "energy": 28.191948, "activity_lines": [ 52.339614, 51.624094, 51.567296, 50.852426 ] }, { "date": "2026-01-16", "close": 52.848351, "volume": 705422, "typical_volume": 406006.95, "trend": 50.261016, "fair_value": 37.217764, "relative_strength": -4.150844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.279287, "energy": 41.11404, "activity_lines": [ 52.650351, 51.906862, 51.752562, 51.031781 ] }, { "date": "2026-01-23", "close": 51.957645, "volume": 1570560, "typical_volume": 435570.85, "trend": 50.314898, "fair_value": 37.366159, "relative_strength": -5.097469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.824519, "energy": 43.127293, "activity_lines": [ 52.571241, 52.020154, 51.83136, 51.141241 ] }, { "date": "2026-01-30", "close": 52.551445, "volume": 2458654, "typical_volume": 438228.1, "trend": 50.411205, "fair_value": 37.517653, "relative_strength": -4.53494, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.214181, "energy": 33.071339, "activity_lines": [ 52.604229, 52.212654, 51.951622, 51.285534 ] }, { "date": "2026-02-06", "close": 53.244217, "volume": 2674867, "typical_volume": 567017.95, "trend": 50.537071, "fair_value": 37.673126, "relative_strength": -6.074039, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.998163, "energy": 30.758094, "activity_lines": [ 52.736185, 52.48087, 52.119024, 51.468309 ] }, { "date": "2026-02-13", "close": 52.551445, "volume": 720302, "typical_volume": 596287.15, "trend": 50.626912, "fair_value": 37.835488, "relative_strength": -7.152088, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.108071, "energy": 24.923253, "activity_lines": [ 52.676805, 52.563851, 52.192075, 51.598269 ] }, { "date": "2026-02-20", "close": 53.44215, "volume": 233483, "typical_volume": 603687.45, "trend": 50.772309, "fair_value": 38.015013, "relative_strength": -7.416954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.335328, "energy": 29.326643, "activity_lines": [ 52.947314, 52.776354, 52.323494, 51.779897 ] }, { "date": "2026-02-27", "close": 54.43182, "volume": 131582, "typical_volume": 600982.35, "trend": 50.963628, "fair_value": 38.203838, "relative_strength": -6.818312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.663598, "energy": 40.557996, "activity_lines": [ 53.508128, 53.132653, 52.522667, 52.015994 ] }, { "date": "2026-03-06", "close": 53.44215, "volume": 167469, "typical_volume": 574161.6, "trend": 51.165606, "fair_value": 38.401774, "relative_strength": -3.1643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.3048, "energy": 33.550945, "activity_lines": [ 53.574106, 53.240617, 52.608272, 52.175899 ] }, { "date": "2026-03-13", "close": 52.749382, "volume": 649810, "typical_volume": 594038.15, "trend": 51.389756, "fair_value": 38.579813, "relative_strength": -3.871726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.461042, "energy": 27.243395, "activity_lines": [ 53.349781, 53.170441, 52.6329, 52.278078 ] }, { "date": "2026-03-20", "close": 49.335022, "volume": 184235, "typical_volume": 588356.65, "trend": 51.487162, "fair_value": 38.749205, "relative_strength": -5.400208, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.914929, "energy": 6.474336, "activity_lines": [ 52.020325, 52.499265, 52.344386, 52.145515 ] }, { "date": "2026-03-27", "close": 47.900002, "volume": 120878, "typical_volume": 583866.7, "trend": 51.473687, "fair_value": 38.905272, "relative_strength": -8.206725, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.605761, "energy": 26.530037, "activity_lines": [ 50.426958, 51.634654, 51.956363, 51.914085 ] }, { "date": "2026-04-03", "close": 50.5, "volume": 183672, "typical_volume": 570361.35, "trend": 51.530712, "fair_value": 39.078129, "relative_strength": -6.351939, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -23.226402, "energy": 28.574476, "activity_lines": [ 50.069733, 51.33274, 51.83755, 51.851266 ] }, { "date": "2026-04-10", "close": 53.099998, "volume": 94137, "typical_volume": 569972.45, "trend": 51.680869, "fair_value": 39.263342, "relative_strength": -5.999531, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -2.639471, "energy": 15.543177, "activity_lines": [ 50.841295, 51.530055, 51.965766, 51.952511 ] }, { "date": "2026-04-17", "close": 58.599998, "volume": 243662, "typical_volume": 561801.05, "trend": 52.058009, "fair_value": 39.480733, "relative_strength": 1.366479, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.625415, "energy": 36.951263, "activity_lines": [ 53.469001, 52.717397, 52.602021, 52.398906 ] }, { "date": "2026-04-24", "close": 54.799999, "volume": 3981056, "typical_volume": 754117.85, "trend": 52.318182, "fair_value": 39.674996, "relative_strength": -2.786173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.347368, "energy": 36.569992, "activity_lines": [ 54.439999, 53.116452, 52.835342, 52.575809 ] }, { "date": "2026-05-01", "close": 52.799999, "volume": 106379, "typical_volume": 754813.75, "trend": 52.482285, "fair_value": 39.867523, "relative_strength": -4.998849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.638334, "energy": 36.773916, "activity_lines": [ 54.379999, 53.110988, 52.858988, 52.606894 ] }, { "date": "2026-05-08", "close": 55.900002, "volume": 118548, "typical_volume": 744566.55, "trend": 52.666416, "fair_value": 40.071916, "relative_strength": 0.194134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.753246, "energy": 51.787589, "activity_lines": [ 55.026666, 53.680836, 53.171464, 52.827391 ] }, { "date": "2026-05-15", "close": 56.400002, "volume": 202228, "typical_volume": 752198.25, "trend": 52.730002, "fair_value": 40.279515, "relative_strength": 2.250993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.871184, "energy": 50.084092, "activity_lines": [ 55.480001, 54.314899, 53.506654, 53.068268 ] }, { "date": "2026-05-22", "close": 56.0, "volume": 127461, "typical_volume": 753059.0, "trend": 52.754118, "fair_value": 40.486397, "relative_strength": -1.967511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.396337, "energy": 39.879891, "activity_lines": [ 55.580001, 54.822455, 53.775998, 53.279236 ] }, { "date": "2026-05-29", "close": 57.0, "volume": 614588, "typical_volume": 764449.65, "trend": 52.749497, "fair_value": 40.705846, "relative_strength": 0.014327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.100758, "energy": 48.623428, "activity_lines": [ 56.186667, 55.452727, 54.130284, 53.553163 ] }, { "date": "2026-06-05", "close": 54.099998, "volume": 4204, "typical_volume": 729388.75, "trend": 52.805022, "fair_value": 40.904243, "relative_strength": -4.342784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.616746, "energy": 31.681048, "activity_lines": [ 55.68, 55.416363, 54.189552, 53.640293 ] }, { "date": "2026-06-12", "close": 53.700001, "volume": 20818, "typical_volume": 651901.65, "trend": 52.915819, "fair_value": 41.09946, "relative_strength": -4.834239, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.390621, "energy": 20.980016, "activity_lines": [ 54.953333, 55.194545, 54.204765, 53.698033 ] }, { "date": "2026-06-19", "close": 53.700001, "volume": 207820, "typical_volume": 539359.95, "trend": 53.046217, "fair_value": 41.300219, "relative_strength": -6.550326, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.502188, "energy": 14.79643, "activity_lines": [ 54.373334, 54.914546, 54.211681, 53.748626 ] }, { "date": "2026-06-26", "close": 54.0, "volume": 40207, "typical_volume": 407626.95, "trend": 53.180082, "fair_value": 41.499822, "relative_strength": -4.981092, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.486483, "energy": 17.893672, "activity_lines": [ 54.073334, 54.678182, 54.241699, 53.81016 ] }, { "date": "2026-07-03", "close": 56.400002, "volume": 14137, "typical_volume": 372318.7, "trend": 53.367811, "fair_value": 41.702495, "relative_strength": -3.36806, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.801843, "energy": 19.233852, "activity_lines": [ 54.706668, 54.961819, 54.49669, 54.017897 ] }, { "date": "2026-07-10", "close": 54.599998, "volume": 33849, "typical_volume": 362337.0, "trend": 53.472672, "fair_value": 41.899786, "relative_strength": -4.182287, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.313163, "energy": 13.616132, "activity_lines": [ 54.78, 54.889091, 54.561926, 54.097393 ] }, { "date": "2026-07-17", "close": 53.099998, "volume": 27099, "typical_volume": 357112.85, "trend": 53.553668, "fair_value": 42.085, "relative_strength": -5.62783, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.593591, "energy": 8.233548, "activity_lines": [ 54.319999, 54.510909, 54.47879, 54.073349 ] }, { "date": "2026-07-24", "close": 52.0, "volume": 21357, "typical_volume": 349807.25, "trend": 53.601264, "fair_value": 42.252078, "relative_strength": -8.851545, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.870696, "energy": 13.295784, "activity_lines": [ 53.533333, 53.983636, 54.297235, 53.973113 ] }, { "date": "2026-07-31", "close": 51.900002, "volume": 22814, "typical_volume": 318457.45, "trend": 53.536664, "fair_value": 42.421594, "relative_strength": -10.038268, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.805392, "energy": 30.562703, "activity_lines": [ 52.826667, 53.518182, 54.113024, 53.863354 ] }, { "date": "2026-08-07", "close": 51.400002, "volume": 153788, "typical_volume": 316935.1, "trend": 53.481788, "fair_value": 42.587905, "relative_strength": -12.410023, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.733793, "energy": 47.36673, "activity_lines": [ 52.093334, 53.036364, 53.885238, 53.725505 ] } ], "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." } } }