{ "ticker": { "uuid": "114e9993-fa5d-443d-a7fe-cde66254e7dc", "symbol": "NRAM", "name": "Amundi MSCI North America ESG Broad Transition UCITS ETF Acc", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.261, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.497, "architecture_energy": 70.162, "architecture_maturity": 88.266, "architecture_confidence": 65.588, "architecture_tenure": "Established", "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": 14.67, "rotation_up": 55.23, "upward_expansion": 83.0, "deceleration": 71.45, "rotation_down": 29.44, "downward_expansion": 12.0 }, "activity_lines": [ 176.872667, 176.152183, 173.42343, 169.322797 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 180.419998, "trend_reference": 164.587001, "distance_from_trend": 0.096198, "trend_direction": "Improving", "fair_value": 141.764598, "distance_from_fair_value": 0.272673, "fair_value_direction": "Improving", "relative_strength": -3.249896, "relative_strength_direction": "Weakening", "price_momentum": 0.1628, "excess_performance": -0.008092, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096198, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039276, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.272673, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.041178, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.032499, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.001991, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.1628, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.951892, "read": "Demand-led" } ], "volume": { "latest": 2291, "relative_activity": 2.171667, "balance": 6.951892, "dry_up": 0.93322, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.015946, "annualized_volatility": 0.113685, "from_high_reference": 0.0, "from_low_reference": 0.230192 }, "levels": { "trend_reference": 164.587001, "fair_value_reference": 141.764598, "structural_low": 148.110001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.014964, "positive_rate": 0.648649, "directional_follow_through": 0.648649, "median_excess_return": -0.003267, "regime_survival": 0.864865, "best_return": 0.062153, "worst_return": -0.104321, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.026517, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.00259, "regime_survival": 0.5, "best_return": 0.118774, "worst_return": -0.091258, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.058369, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.005213, "regime_survival": 0.428571, "best_return": 0.182156, "worst_return": -0.088638, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.09522, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.066992, "regime_survival": 0.333333, "best_return": 0.19767, "worst_return": 0.027802, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.028504, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.005057, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-09-13", "tenure": "Developing", "return": 0.047626, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2025-02-28", "tenure": "Established", "return": 0.113822, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.116257, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.137486, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.023527, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.00719, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.022317, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-02-13", "tenure": "Established", "return": 0.0402, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.031911, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.101106, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.025563, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.05688, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 107.384399, "volume": 0, "typical_volume": 0.0, "trend": 104.027124, "fair_value": 98.657241, "relative_strength": -4.311765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.697831, "energy": 49.917541, "activity_lines": [ 108.725667, 108.667938, 107.361059, 105.782516 ] }, { "date": "2023-08-25", "close": 109.2799, "volume": 0, "typical_volume": 0.0, "trend": 104.31159, "fair_value": 98.857041, "relative_strength": -3.673318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.750231, "energy": 41.022007, "activity_lines": [ 108.76282, 108.812336, 107.707712, 106.121405 ] }, { "date": "2023-09-01", "close": 111.916397, "volume": 0, "typical_volume": 0.0, "trend": 104.626794, "fair_value": 99.081598, "relative_strength": -2.471066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.992852, "energy": 57.728825, "activity_lines": [ 109.696219, 109.413552, 108.263206, 106.612038 ] }, { "date": "2023-09-08", "close": 111.174599, "volume": 0, "typical_volume": 0.0, "trend": 104.90878, "fair_value": 99.315025, "relative_strength": -1.230558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.999205, "energy": 56.886217, "activity_lines": [ 110.336706, 109.786823, 108.693913, 107.034477 ] }, { "date": "2023-09-15", "close": 111.587799, "volume": 0, "typical_volume": 0.0, "trend": 105.201311, "fair_value": 99.553849, "relative_strength": -2.756587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.979381, "energy": 72.882808, "activity_lines": [ 110.955385, 110.198788, 109.114418, 107.465381 ] }, { "date": "2023-09-22", "close": 108.253998, "volume": 0, "typical_volume": 0.0, "trend": 105.436524, "fair_value": 99.764291, "relative_strength": -4.132235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.710517, "energy": 49.884839, "activity_lines": [ 110.283845, 109.931021, 109.16664, 107.662329 ] }, { "date": "2023-09-29", "close": 108.129501, "volume": 0, "typical_volume": 0.0, "trend": 105.618747, "fair_value": 99.969852, "relative_strength": -2.685024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.857108, "energy": 32.075634, "activity_lines": [ 109.512833, 109.626296, 109.171368, 107.836069 ] }, { "date": "2023-10-06", "close": 109.108597, "volume": 0, "typical_volume": 0.0, "trend": 106.027473, "fair_value": 100.166717, "relative_strength": 0.127857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.297779, "energy": 20.293712, "activity_lines": [ 109.144879, 109.525253, 109.239051, 108.061221 ] }, { "date": "2023-10-13", "close": 109.871803, "volume": 0, "typical_volume": 0.0, "trend": 106.407823, "fair_value": 100.363427, "relative_strength": -0.308268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.212584, "energy": 23.757157, "activity_lines": [ 109.218513, 109.601578, 109.355242, 108.309242 ] }, { "date": "2023-10-20", "close": 106.080803, "volume": 0, "typical_volume": 0.0, "trend": 106.653337, "fair_value": 100.543701, "relative_strength": -0.235969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.692447, "energy": 14.896864, "activity_lines": [ 108.115335, 108.968806, 109.087319, 108.288144 ] }, { "date": "2023-10-27", "close": 103.511703, "volume": 0, "typical_volume": 0.0, "trend": 106.723867, "fair_value": 100.728456, "relative_strength": -1.996277, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.550752, "energy": 37.424589, "activity_lines": [ 106.522922, 107.920246, 108.578577, 108.085458 ] }, { "date": "2023-11-03", "close": 108.271797, "volume": 0, "typical_volume": 0.0, "trend": 106.986044, "fair_value": 100.917099, "relative_strength": -2.168047, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.938327, "energy": 24.890472, "activity_lines": [ 106.833361, 107.807571, 108.53888, 108.185325 ] }, { "date": "2023-11-10", "close": 109.220001, "volume": 1239, "typical_volume": 61.95, "trend": 107.275133, "fair_value": 101.100314, "relative_strength": -0.520792, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.684389, "energy": 21.253702, "activity_lines": [ 107.450381, 107.885626, 108.588385, 108.329451 ] }, { "date": "2023-11-17", "close": 110.669998, "volume": 970, "typical_volume": 110.45, "trend": 107.605197, "fair_value": 101.295189, "relative_strength": -2.405691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.586504, "energy": 18.246329, "activity_lines": [ 108.543306, 108.276342, 108.764448, 108.548474 ] }, { "date": "2023-11-24", "close": 111.360001, "volume": 10774, "typical_volume": 649.15, "trend": 107.953054, "fair_value": 101.485653, "relative_strength": -1.380137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.135583, "energy": 38.309705, "activity_lines": [ 109.81302, 108.801688, 108.999087, 108.79072 ] }, { "date": "2023-12-01", "close": 113.129997, "volume": 10397, "typical_volume": 1169.0, "trend": 108.365047, "fair_value": 101.686887, "relative_strength": -1.249995, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.254864, "energy": 64.814019, "activity_lines": [ 111.320785, 109.652992, 109.384108, 109.124716 ] }, { "date": "2023-12-08", "close": 114.599998, "volume": 14272, "typical_volume": 1882.6, "trend": 108.792773, "fair_value": 101.899994, "relative_strength": -1.355424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.116264, "energy": 81.934339, "activity_lines": [ 112.677332, 110.682916, 109.88216, 109.526971 ] }, { "date": "2023-12-15", "close": 116.470001, "volume": 15854, "typical_volume": 2675.3, "trend": 109.207403, "fair_value": 102.12223, "relative_strength": 0.489337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.343006, "energy": 89.548963, "activity_lines": [ 114.235333, 111.935194, 110.534217, 110.022276 ] }, { "date": "2023-12-22", "close": 116.400002, "volume": 8351, "typical_volume": 3092.85, "trend": 109.586473, "fair_value": 102.344124, "relative_strength": 0.611979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.617876, "energy": 91.409278, "activity_lines": [ 115.286667, 113.040902, 111.154664, 110.486315 ] }, { "date": "2023-12-29", "close": 116.0, "volume": 28, "typical_volume": 3094.25, "trend": 109.89011, "fair_value": 102.56377, "relative_strength": 0.388553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.201553, "energy": 88.685379, "activity_lines": [ 115.822667, 113.955187, 111.700736, 110.900091 ] }, { "date": "2024-01-05", "close": 115.360001, "volume": 6276, "typical_volume": 3408.05, "trend": 110.175133, "fair_value": 102.763772, "relative_strength": -0.399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.285382, "energy": 84.17828, "activity_lines": [ 115.836001, 114.57276, 112.152063, 111.252987 ] }, { "date": "2024-01-12", "close": 117.07, "volume": 4574, "typical_volume": 3636.75, "trend": 110.476136, "fair_value": 102.975251, "relative_strength": 0.980985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.902437, "energy": 75.528969, "activity_lines": [ 116.270667, 115.285818, 112.728269, 111.697817 ] }, { "date": "2024-01-19", "close": 118.529999, "volume": 10138, "typical_volume": 4143.65, "trend": 110.867223, "fair_value": 103.189492, "relative_strength": 2.82339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.061191, "energy": 78.816367, "activity_lines": [ 117.027333, 116.104364, 113.406426, 112.217421 ] }, { "date": "2024-01-26", "close": 120.919998, "volume": 6788, "typical_volume": 4483.05, "trend": 111.258863, "fair_value": 103.436486, "relative_strength": 4.479218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.560047, "energy": 89.548602, "activity_lines": [ 118.443333, 117.188181, 114.280708, 112.865987 ] }, { "date": "2024-02-02", "close": 122.529999, "volume": 2642, "typical_volume": 4615.15, "trend": 111.758513, "fair_value": 103.662441, "relative_strength": 4.603131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.191243, "energy": 96.631561, "activity_lines": [ 120.094666, 118.378363, 115.261918, 113.593157 ] }, { "date": "2024-02-09", "close": 124.510002, "volume": 2385, "typical_volume": 4734.4, "trend": 112.326636, "fair_value": 103.897168, "relative_strength": 4.678007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.38365, "energy": 97.074524, "activity_lines": [ 121.970667, 119.725455, 116.379593, 114.415834 ] }, { "date": "2024-02-16", "close": 125.169998, "volume": 2816, "typical_volume": 4875.2, "trend": 112.8476, "fair_value": 104.140434, "relative_strength": 3.198035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.651955, "energy": 95.882495, "activity_lines": [ 123.456666, 120.985636, 117.482716, 115.244438 ] }, { "date": "2024-02-23", "close": 125.379997, "volume": 1983, "typical_volume": 4974.35, "trend": 113.31921, "fair_value": 104.401221, "relative_strength": 0.265625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.652797, "energy": 92.995078, "activity_lines": [ 124.472665, 122.091817, 118.524693, 116.05298 ] }, { "date": "2024-03-01", "close": 126.68, "volume": 2784, "typical_volume": 5113.55, "trend": 113.915826, "fair_value": 104.657835, "relative_strength": 0.509217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.311397, "energy": 93.773814, "activity_lines": [ 125.465332, 123.272363, 119.612998, 116.914966 ] }, { "date": "2024-03-08", "close": 126.370003, "volume": 2311, "typical_volume": 5229.1, "trend": 114.498043, "fair_value": 104.897765, "relative_strength": -1.263181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.120482, "energy": 87.231577, "activity_lines": [ 125.970667, 124.209636, 120.591739, 117.718461 ] }, { "date": "2024-03-15", "close": 125.839996, "volume": 2816, "typical_volume": 5369.9, "trend": 115.11323, "fair_value": 105.137571, "relative_strength": -3.155076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.412062, "energy": 68.435101, "activity_lines": [ 126.043332, 124.861999, 121.423389, 118.4502 ] }, { "date": "2024-03-22", "close": 129.520004, "volume": 2036, "typical_volume": 5471.7, "trend": 115.7879, "fair_value": 105.38844, "relative_strength": -1.475068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.054738, "energy": 75.814144, "activity_lines": [ 127.254001, 125.992909, 122.49919, 119.37967 ] }, { "date": "2024-03-29", "close": 130.270004, "volume": 1593, "typical_volume": 5489.4, "trend": 116.399687, "fair_value": 105.634903, "relative_strength": -2.066836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.726781, "energy": 74.540084, "activity_lines": [ 128.424669, 127.033819, 123.545238, 120.313999 ] }, { "date": "2024-04-05", "close": 128.080002, "volume": 3178, "typical_volume": 5599.8, "trend": 116.9632, "fair_value": 105.857998, "relative_strength": -1.658778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.629842, "energy": 66.959751, "activity_lines": [ 128.539336, 127.463092, 124.282477, 121.067568 ] }, { "date": "2024-04-12", "close": 128.979996, "volume": 3882, "typical_volume": 5255.2, "trend": 117.54294, "fair_value": 106.082853, "relative_strength": -0.349666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.95301, "energy": 67.452661, "activity_lines": [ 128.860667, 127.925819, 125.022524, 121.842845 ] }, { "date": "2024-04-19", "close": 124.779999, "volume": 5300, "typical_volume": 5000.35, "trend": 118.093807, "fair_value": 106.284952, "relative_strength": -4.06607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.45597, "energy": 59.97221, "activity_lines": [ 127.608, 127.507636, 125.278667, 122.309752 ] }, { "date": "2024-04-26", "close": 127.300003, "volume": 6545, "typical_volume": 4614.0, "trend": 118.732823, "fair_value": 106.50263, "relative_strength": -3.060794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.923942, "energy": 47.006244, "activity_lines": [ 127.266, 127.542728, 125.719334, 122.9037 ] }, { "date": "2024-05-03", "close": 126.650002, "volume": 6802, "typical_volume": 4161.4, "trend": 119.317537, "fair_value": 106.715712, "relative_strength": -1.814944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.638831, "energy": 39.132984, "activity_lines": [ 126.855334, 127.42091, 126.037619, 123.414486 ] }, { "date": "2024-05-10", "close": 129.440002, "volume": 6848, "typical_volume": 4086.25, "trend": 119.96981, "fair_value": 106.954237, "relative_strength": -2.635139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.575804, "energy": 42.377071, "activity_lines": [ 127.616001, 127.783274, 126.573143, 124.067548 ] }, { "date": "2024-05-17", "close": 130.259995, "volume": 3784, "typical_volume": 4274.05, "trend": 120.775783, "fair_value": 107.201759, "relative_strength": -4.023813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.752933, "energy": 56.956235, "activity_lines": [ 128.559333, 128.244546, 127.124667, 124.731431 ] }, { "date": "2024-05-24", "close": 130.509995, "volume": 4109, "typical_volume": 4165.7, "trend": 121.675726, "fair_value": 107.442925, "relative_strength": -1.234889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.893199, "energy": 60.10633, "activity_lines": [ 129.500665, 128.680545, 127.632095, 125.359444 ] }, { "date": "2024-05-31", "close": 128.020004, "volume": 2571, "typical_volume": 4065.55, "trend": 122.334, "fair_value": 107.663858, "relative_strength": -3.006454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.573918, "energy": 53.117838, "activity_lines": [ 129.229999, 128.578909, 127.830238, 125.768753 ] }, { "date": "2024-06-07", "close": 131.699997, "volume": 2206, "typical_volume": 3668.95, "trend": 123.083333, "fair_value": 107.90216, "relative_strength": -0.635797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.992206, "energy": 58.632166, "activity_lines": [ 130.137999, 129.173636, 128.326714, 126.373011 ] }, { "date": "2024-06-14", "close": 134.649994, "volume": 2435, "typical_volume": 3451.3, "trend": 123.882666, "fair_value": 108.157047, "relative_strength": 7.662095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.746541, "energy": 72.262976, "activity_lines": [ 131.692664, 130.278725, 129.041428, 127.119247 ] }, { "date": "2024-06-21", "close": 136.0, "volume": 1910, "typical_volume": 3414.7, "trend": 124.704, "fair_value": 108.408408, "relative_strength": 6.554512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.81582, "energy": 87.3218, "activity_lines": [ 133.349998, 131.509817, 129.819333, 127.90101 ] }, { "date": "2024-06-28", "close": 136.679993, "volume": 3927, "typical_volume": 3491.8, "trend": 125.488999, "fair_value": 108.649004, "relative_strength": 7.450134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.911714, "energy": 92.826826, "activity_lines": [ 134.85133, 132.736906, 130.597856, 128.673655 ] }, { "date": "2024-07-05", "close": 136.399994, "volume": 1233, "typical_volume": 3412.65, "trend": 126.215666, "fair_value": 108.886582, "relative_strength": 4.524531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.909036, "energy": 90.04234, "activity_lines": [ 135.847995, 133.696724, 131.29176, 129.37759 ] }, { "date": "2024-07-12", "close": 138.059998, "volume": 4780, "typical_volume": 3552.5, "trend": 126.935333, "fair_value": 109.138976, "relative_strength": 3.855954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.596609, "energy": 92.476712, "activity_lines": [ 136.839329, 134.792906, 132.090284, 130.141741 ] }, { "date": "2024-07-19", "close": 136.160004, "volume": 4006, "typical_volume": 3613.6, "trend": 127.593999, "fair_value": 109.362842, "relative_strength": 3.42455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.880886, "energy": 84.111147, "activity_lines": [ 136.773332, 135.33618, 132.647475, 130.736881 ] }, { "date": "2024-07-26", "close": 134.220001, "volume": 3456, "typical_volume": 3670.85, "trend": 128.201333, "fair_value": 109.581926, "relative_strength": 3.066587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.662322, "energy": 61.512951, "activity_lines": [ 135.96, 135.404544, 132.974761, 131.164365 ] }, { "date": "2024-08-02", "close": 129.850006, "volume": 1854, "typical_volume": 3622.75, "trend": 128.684333, "fair_value": 109.761725, "relative_strength": 5.163242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.407894, "energy": 29.063786, "activity_lines": [ 133.808669, 134.606364, 132.848476, 131.270731 ] }, { "date": "2024-08-09", "close": 130.389999, "volume": 3956, "typical_volume": 3718.75, "trend": 129.128333, "fair_value": 109.942478, "relative_strength": 6.255013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.290665, "energy": 24.764095, "activity_lines": [ 132.292669, 133.918364, 132.754523, 131.380774 ] }, { "date": "2024-08-16", "close": 134.759995, "volume": 82, "typical_volume": 3643.2, "trend": 129.669333, "fair_value": 110.149992, "relative_strength": 5.521029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.930979, "energy": 28.696693, "activity_lines": [ 132.634, 133.981817, 133.072618, 131.744107 ] }, { "date": "2024-08-23", "close": 134.960007, "volume": 1229, "typical_volume": 3545.75, "trend": 130.137333, "fair_value": 110.353533, "relative_strength": 3.694596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.860583, "energy": 26.051578, "activity_lines": [ 133.262002, 134.026001, 133.388381, 132.08544 ] }, { "date": "2024-08-30", "close": 135.759995, "volume": 761, "typical_volume": 3389.7, "trend": 130.578333, "fair_value": 110.562918, "relative_strength": 2.09325, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.423467, "energy": 32.217669, "activity_lines": [ 134.236666, 134.21, 133.747571, 132.448193 ] }, { "date": "2024-09-06", "close": 131.080002, "volume": 3712, "typical_volume": 3310.3, "trend": 130.797333, "fair_value": 110.751099, "relative_strength": 1.77779, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.251675, "energy": 18.838157, "activity_lines": [ 133.548667, 133.547455, 133.628761, 132.480559 ] }, { "date": "2024-09-13", "close": 136.600006, "volume": 2375, "typical_volume": 3101.8, "trend": 131.178333, "fair_value": 110.972957, "relative_strength": 5.080204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.162667, "energy": 33.918525, "activity_lines": [ 134.618669, 133.990365, 134.005667, 132.854925 ] }, { "date": "2024-09-20", "close": 137.320007, "volume": 5797, "typical_volume": 3051.55, "trend": 131.576333, "fair_value": 111.19527, "relative_strength": 4.881767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.199355, "energy": 44.921283, "activity_lines": [ 135.514671, 134.560548, 134.406858, 133.251162 ] }, { "date": "2024-09-27", "close": 138.789993, "volume": 4699, "typical_volume": 2944.1, "trend": 131.98, "fair_value": 111.435669, "relative_strength": 2.973018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.943553, "energy": 60.497195, "activity_lines": [ 136.730001, 135.411455, 134.897238, 133.716559 ] }, { "date": "2024-10-04", "close": 139.970001, "volume": 6302, "typical_volume": 3070.0, "trend": 132.433333, "fair_value": 111.676607, "relative_strength": 7.22167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.806041, "energy": 75.382586, "activity_lines": [ 138.083334, 136.429092, 135.455477, 134.232043 ] }, { "date": "2024-10-11", "close": 142.619995, "volume": 2179, "typical_volume": 2973.5, "trend": 132.992666, "fair_value": 111.922739, "relative_strength": 6.837331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.803867, "energy": 83.050318, "activity_lines": [ 140.039332, 137.824, 136.219857, 134.889247 ] }, { "date": "2024-10-18", "close": 144.960007, "volume": 5548, "typical_volume": 3122.35, "trend": 133.507333, "fair_value": 112.175303, "relative_strength": 5.70103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.953103, "energy": 90.367119, "activity_lines": [ 142.006001, 139.412183, 137.149429, 135.661333 ] }, { "date": "2024-10-25", "close": 144.789993, "volume": 4780, "typical_volume": 3251.05, "trend": 133.991333, "fair_value": 112.414469, "relative_strength": 6.681547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.661723, "energy": 91.253014, "activity_lines": [ 143.358665, 140.704545, 137.982143, 136.389247 ] }, { "date": "2024-11-01", "close": 142.5, "volume": 5898, "typical_volume": 3424.2, "trend": 134.471999, "fair_value": 112.62471, "relative_strength": 5.124234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.423492, "energy": 86.096631, "activity_lines": [ 143.449999, 141.398181, 138.534429, 136.938193 ] }, { "date": "2024-11-08", "close": 148.649994, "volume": 902, "typical_volume": 3373.8, "trend": 135.127666, "fair_value": 112.868841, "relative_strength": 12.135608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.308747, "energy": 92.909498, "activity_lines": [ 145.343997, 143.072908, 139.635047, 137.852903 ] }, { "date": "2024-11-15", "close": 150.160004, "volume": 2521, "typical_volume": 3303.5, "trend": 135.973666, "fair_value": 113.113462, "relative_strength": 11.681772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.165492, "energy": 91.967921, "activity_lines": [ 147.162666, 144.787817, 140.819238, 138.822731 ] }, { "date": "2024-11-22", "close": 154.679993, "volume": 3251, "typical_volume": 3404.4, "trend": 136.886333, "fair_value": 113.403716, "relative_strength": 16.960224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.833647, "energy": 92.870125, "activity_lines": [ 149.98533, 146.977634, 142.369714, 140.029591 ] }, { "date": "2024-11-29", "close": 154.25, "volume": 2540, "typical_volume": 3292.4, "trend": 137.806332, "fair_value": 113.70033, "relative_strength": 16.440139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.571688, "energy": 92.42625, "activity_lines": [ 152.016665, 148.760544, 143.79219, 141.149827 ] }, { "date": "2024-12-06", "close": 155.690002, "volume": 7597, "typical_volume": 3471.95, "trend": 138.681332, "fair_value": 113.982528, "relative_strength": 12.623637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.675115, "energy": 92.416273, "activity_lines": [ 153.897333, 150.497453, 145.274714, 142.303612 ] }, { "date": "2024-12-13", "close": 155.330002, "volume": 2244, "typical_volume": 3411.35, "trend": 139.516999, "fair_value": 114.274272, "relative_strength": 11.582424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.202988, "energy": 90.298389, "activity_lines": [ 154.778667, 151.861636, 146.629952, 143.37772 ] }, { "date": "2024-12-20", "close": 153.630005, "volume": 2174, "typical_volume": 3427.35, "trend": 140.287666, "fair_value": 114.540875, "relative_strength": 13.640046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.035459, "energy": 79.877255, "activity_lines": [ 154.648002, 152.637455, 147.722762, 144.288237 ] }, { "date": "2024-12-27", "close": 153.830002, "volume": 1375, "typical_volume": 3298.3, "trend": 141.148, "fair_value": 114.802884, "relative_strength": 12.105428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.970661, "energy": 65.511651, "activity_lines": [ 154.352669, 153.249455, 148.721381, 145.161936 ] }, { "date": "2025-01-03", "close": 154.850006, "volume": 2567, "typical_volume": 3422.55, "trend": 141.919667, "fair_value": 115.090189, "relative_strength": 12.554977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.854773, "energy": 64.059241, "activity_lines": [ 154.454004, 153.885638, 149.705525, 146.045936 ] }, { "date": "2025-01-10", "close": 153.259995, "volume": 3218, "typical_volume": 3522.0, "trend": 142.54, "fair_value": 115.374428, "relative_strength": 8.074233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.839037, "energy": 55.50007, "activity_lines": [ 153.985334, 154.049819, 150.442572, 146.77757 ] }, { "date": "2025-01-17", "close": 157.190002, "volume": 4272, "typical_volume": 3697.55, "trend": 143.246333, "fair_value": 115.718537, "relative_strength": 7.031242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.813497, "energy": 63.984636, "activity_lines": [ 154.988668, 154.73291, 151.466762, 147.722732 ] }, { "date": "2025-01-24", "close": 156.490005, "volume": 1142, "typical_volume": 3569.05, "trend": 143.906667, "fair_value": 116.043567, "relative_strength": 6.578502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.541835, "energy": 61.449659, "activity_lines": [ 155.634669, 155.133457, 152.322239, 148.577162 ] }, { "date": "2025-01-31", "close": 157.899994, "volume": 2584, "typical_volume": 3579.5, "trend": 144.623334, "fair_value": 116.382317, "relative_strength": 6.567696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.836666, "energy": 62.5457, "activity_lines": [ 156.559999, 155.675273, 153.191, 149.479957 ] }, { "date": "2025-02-07", "close": 156.440002, "volume": 3729, "typical_volume": 3476.1, "trend": 145.236001, "fair_value": 116.720007, "relative_strength": 3.807619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.339645, "energy": 61.492481, "activity_lines": [ 156.727333, 155.893092, 153.819286, 150.242323 ] }, { "date": "2025-02-14", "close": 155.759995, "volume": 1149, "typical_volume": 3298.6, "trend": 145.889334, "fair_value": 117.061396, "relative_strength": 0.772506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.733523, "energy": 57.11107, "activity_lines": [ 156.561998, 155.947454, 154.291762, 150.92129 ] }, { "date": "2025-02-21", "close": 155.610001, "volume": 1629, "typical_volume": 3064.95, "trend": 146.602334, "fair_value": 117.390437, "relative_strength": -0.586802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.722309, "energy": 54.094878, "activity_lines": [ 156.179999, 155.973272, 154.669143, 151.54843 ] }, { "date": "2025-02-28", "close": 152.949997, "volume": 932, "typical_volume": 3002.6, "trend": 147.372333, "fair_value": 117.692164, "relative_strength": -2.928239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.870917, "energy": 32.913844, "activity_lines": [ 155.016665, 155.510363, 154.718714, 151.957957 ] }, { "date": "2025-03-07", "close": 140.119995, "volume": 3309, "typical_volume": 2890.65, "trend": 147.696666, "fair_value": 117.933364, "relative_strength": -10.86403, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -25.421006, "energy": 35.051602, "activity_lines": [ 149.812664, 152.727089, 153.49719, 151.490064 ] }, { "date": "2025-03-14", "close": 137.910004, "volume": 4249, "typical_volume": 2864.1, "trend": 147.801667, "fair_value": 118.124298, "relative_strength": -12.352672, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.632031, "energy": 58.592173, "activity_lines": [ 145.057333, 149.791272, 152.088238, 150.858667 ] }, { "date": "2025-03-21", "close": 139.610001, "volume": 2216, "typical_volume": 2680.0, "trend": 147.956667, "fair_value": 118.310291, "relative_strength": -12.057319, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.986416, "energy": 78.184783, "activity_lines": [ 142.104, 147.472545, 150.873952, 150.330172 ] }, { "date": "2025-03-28", "close": 137.970001, "volume": 12753, "typical_volume": 3272.55, "trend": 148.030333, "fair_value": 118.487849, "relative_strength": -12.346459, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.63153, "energy": 82.375772, "activity_lines": [ 139.680667, 145.103818, 149.517238, 149.685871 ] }, { "date": "2025-04-04", "close": 126.730003, "volume": 4107, "typical_volume": 3351.85, "trend": 147.885334, "fair_value": 118.593384, "relative_strength": -9.937372, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -68.103775, "energy": 88.450424, "activity_lines": [ 134.686668, 141.040909, 147.140905, 148.311656 ] }, { "date": "2025-04-11", "close": 123.830002, "volume": 3301, "typical_volume": 3354.35, "trend": 147.459667, "fair_value": 118.688191, "relative_strength": -10.315439, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.110331, "energy": 96.16519, "activity_lines": [ 130.474002, 136.991819, 144.599953, 146.759699 ] }, { "date": "2025-04-18", "close": 124.739998, "volume": 4018, "typical_volume": 3428.25, "trend": 147.040333, "fair_value": 118.809442, "relative_strength": -14.471987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.721367, "energy": 91.103573, "activity_lines": [ 127.650667, 133.727637, 142.292572, 145.293914 ] }, { "date": "2025-04-25", "close": 128.690002, "volume": 2287, "typical_volume": 3162.75, "trend": 146.703667, "fair_value": 118.964201, "relative_strength": -14.886163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.177218, "energy": 75.688995, "activity_lines": [ 127.022001, 131.758001, 140.501905, 144.110022 ] }, { "date": "2025-05-02", "close": 134.289993, "volume": 2378, "typical_volume": 3169.45, "trend": 146.514333, "fair_value": 119.160355, "relative_strength": -13.345353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.790744, "energy": 65.28046, "activity_lines": [ 128.987998, 131.298727, 139.373142, 143.30914 ] }, { "date": "2025-05-09", "close": 135.190002, "volume": 2974, "typical_volume": 3209.45, "trend": 146.266667, "fair_value": 119.366473, "relative_strength": -14.951663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.069049, "energy": 50.497833, "activity_lines": [ 131.499332, 131.390727, 138.430285, 142.578538 ] }, { "date": "2025-05-16", "close": 142.990005, "volume": 7945, "typical_volume": 3537.95, "trend": 146.201, "fair_value": 119.651191, "relative_strength": -12.822507, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.857676, "energy": 26.548712, "activity_lines": [ 136.046668, 133.223819, 138.318095, 142.36714 ] }, { "date": "2025-05-23", "close": 137.699997, "volume": 4612, "typical_volume": 3640.2, "trend": 145.964667, "fair_value": 119.871028, "relative_strength": -13.414034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.942248, "energy": 29.463845, "activity_lines": [ 137.553333, 134.042909, 137.753714, 141.818688 ] }, { "date": "2025-05-30", "close": 140.210007, "volume": 4936, "typical_volume": 3726.1, "trend": 145.888334, "fair_value": 120.114319, "relative_strength": -13.092968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.243502, "energy": 27.428258, "activity_lines": [ 139.032669, 135.322183, 137.510048, 141.44742 ] }, { "date": "2025-06-06", "close": 141.889999, "volume": 1289, "typical_volume": 3576.95, "trend": 145.663, "fair_value": 120.390163, "relative_strength": -13.040415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.577605, "energy": 24.969174, "activity_lines": [ 140.304002, 136.896001, 137.488524, 141.189463 ] }, { "date": "2025-06-13", "close": 139.839996, "volume": 2165, "typical_volume": 3628.1, "trend": 145.319, "fair_value": 120.68641, "relative_strength": -11.525484, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.24702, "energy": 16.579405, "activity_lines": [ 140.385333, 138.025818, 137.344619, 140.813785 ] }, { "date": "2025-06-20", "close": 139.309998, "volume": 5955, "typical_volume": 3796.65, "trend": 144.806667, "fair_value": 120.946086, "relative_strength": -11.166738, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.614432, "energy": 14.629714, "activity_lines": [ 139.979999, 138.820909, 137.229524, 140.426108 ] }, { "date": "2025-06-27", "close": 141.460007, "volume": 2137, "typical_volume": 3717.05, "trend": 144.380334, "fair_value": 121.225012, "relative_strength": -10.713707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.894786, "energy": 12.1013, "activity_lines": [ 140.536668, 139.725456, 137.407715, 140.210194 ] }, { "date": "2025-07-04", "close": 142.210007, "volume": 2660, "typical_volume": 3792.6, "trend": 143.931001, "fair_value": 121.48213, "relative_strength": -9.783949, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.252201, "energy": 10.863672, "activity_lines": [ 141.09267, 140.462366, 137.728668, 140.070173 ] }, { "date": "2025-07-11", "close": 143.130005, "volume": 3930, "typical_volume": 3907.65, "trend": 143.524334, "fair_value": 121.746709, "relative_strength": -10.050333, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.645401, "energy": 30.750158, "activity_lines": [ 141.822004, 141.12073, 138.201764, 140.018496 ] }, { "date": "2025-07-18", "close": 144.639999, "volume": 2116, "typical_volume": 3966.85, "trend": 143.224667, "fair_value": 122.012588, "relative_strength": -9.457367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 14.168948, "energy": 43.692871, "activity_lines": [ 142.972003, 141.892911, 138.878097, 140.090474 ] }, { "date": "2025-07-25", "close": 145.679993, "volume": 2755, "typical_volume": 3939.15, "trend": 142.953, "fair_value": 122.254917, "relative_strength": -9.561102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 36.561699, "energy": 58.616922, "activity_lines": [ 144.148666, 142.682364, 139.693048, 140.248882 ] }, { "date": "2025-08-01", "close": 144.729996, "volume": 1527, "typical_volume": 3803.05, "trend": 142.615667, "fair_value": 122.485248, "relative_strength": -8.196736, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.082326, "energy": 57.241596, "activity_lines": [ 144.583998, 143.250182, 140.391048, 140.363527 ] }, { "date": "2025-08-08", "close": 146.660004, "volume": 2100, "typical_volume": 3797.25, "trend": 142.395667, "fair_value": 122.709951, "relative_strength": -10.476832, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.41975, "energy": 62.650818, "activity_lines": [ 145.444666, 144.041091, 141.240382, 140.624452 ] }, { "date": "2025-08-15", "close": 147.720001, "volume": 1394, "typical_volume": 3229.3, "trend": 142.08, "fair_value": 122.937365, "relative_strength": -11.741843, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.370262, "energy": 72.080533, "activity_lines": [ 146.362, 144.907455, 142.157096, 140.967958 ] }, { "date": "2025-08-22", "close": 148.119995, "volume": 1756, "typical_volume": 3111.75, "trend": 141.801, "fair_value": 123.193334, "relative_strength": -12.590244, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.740988, "energy": 77.047927, "activity_lines": [ 147.106665, 145.740545, 143.065476, 141.357635 ] }, { "date": "2025-08-29", "close": 147.960007, "volume": 3846, "typical_volume": 3139.0, "trend": 141.469667, "fair_value": 123.472291, "relative_strength": -10.183863, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.415135, "energy": 87.384702, "activity_lines": [ 147.566001, 146.394001, 143.856763, 141.75499 ] }, { "date": "2025-09-05", "close": 147.759995, "volume": 2894, "typical_volume": 3082.8, "trend": 141.180333, "fair_value": 123.725558, "relative_strength": -8.864366, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.926847, "energy": 85.061406, "activity_lines": [ 147.806666, 146.853818, 144.514095, 142.160818 ] }, { "date": "2025-09-12", "close": 150.660004, "volume": 3810, "typical_volume": 3158.95, "trend": 141.010334, "fair_value": 124.029696, "relative_strength": -8.9289, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.64012, "energy": 90.90118, "activity_lines": [ 148.812001, 147.726364, 145.338001, 142.772409 ] }, { "date": "2025-09-19", "close": 151.619995, "volume": 1464, "typical_volume": 3113.25, "trend": 140.877334, "fair_value": 124.351423, "relative_strength": -7.577114, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.536233, "energy": 88.457184, "activity_lines": [ 149.870666, 148.619817, 146.148714, 143.456903 ] }, { "date": "2025-09-26", "close": 151.759995, "volume": 1529, "typical_volume": 3041.0, "trend": 140.837667, "fair_value": 124.697734, "relative_strength": -8.016456, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.202999, "energy": 84.913413, "activity_lines": [ 150.715998, 149.384362, 146.890238, 144.159011 ] }, { "date": "2025-10-03", "close": 154.169998, "volume": 1420, "typical_volume": 2714.75, "trend": 141.306, "fair_value": 125.049091, "relative_strength": -7.600992, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.018, "energy": 92.122389, "activity_lines": [ 152.121997, 150.457635, 147.78238, 145.019161 ] }, { "date": "2025-10-10", "close": 153.369995, "volume": 2214, "typical_volume": 2594.85, "trend": 141.821333, "fair_value": 125.404681, "relative_strength": -5.194472, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.37282, "energy": 82.143188, "activity_lines": [ 152.84733, 151.231089, 148.545094, 145.797483 ] }, { "date": "2025-10-17", "close": 152.110001, "volume": 2195, "typical_volume": 2457.8, "trend": 142.238, "fair_value": 125.72666, "relative_strength": -5.094985, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.089948, "energy": 65.805009, "activity_lines": [ 152.778664, 151.618362, 149.113189, 146.461268 ] }, { "date": "2025-10-24", "close": 156.546005, "volume": 1009, "typical_volume": 2443.8, "trend": 142.8572, "fair_value": 126.061379, "relative_strength": -3.772231, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.911684, "energy": 72.549055, "activity_lines": [ 154.092, 152.71309, 150.047095, 147.384365 ] }, { "date": "2025-10-31", "close": 159.009995, "volume": 4103, "typical_volume": 2540.7, "trend": 143.9332, "fair_value": 126.430138, "relative_strength": -3.608671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.650569, "energy": 75.15155, "activity_lines": [ 155.898266, 154.095344, 151.145875, 148.426481 ] }, { "date": "2025-11-07", "close": 153.779999, "volume": 2140, "typical_volume": 2349.95, "trend": 144.931533, "fair_value": 126.752449, "relative_strength": -5.835724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.319117, "energy": 64.51092, "activity_lines": [ 155.477866, 154.328689, 151.655275, 149.061759 ] }, { "date": "2025-11-14", "close": 155.740005, "volume": 2267, "typical_volume": 2356.45, "trend": 145.964867, "fair_value": 127.095319, "relative_strength": -6.567901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.695213, "energy": 60.719533, "activity_lines": [ 155.736801, 154.812582, 152.282438, 149.759079 ] }, { "date": "2025-11-21", "close": 152.979996, "volume": 2024, "typical_volume": 2324.65, "trend": 146.774533, "fair_value": 127.413194, "relative_strength": -4.857654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.667443, "energy": 49.067837, "activity_lines": [ 154.917733, 154.649563, 152.578742, 150.211668 ] }, { "date": "2025-11-28", "close": 158.059998, "volume": 2386, "typical_volume": 2247.45, "trend": 147.566867, "fair_value": 127.758652, "relative_strength": -2.79258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.019954, "energy": 48.674669, "activity_lines": [ 155.733999, 155.367999, 153.30757, 150.939763 ] }, { "date": "2025-12-05", "close": 158.839996, "volume": 2656, "typical_volume": 2274.45, "trend": 148.3552, "fair_value": 128.134534, "relative_strength": -2.070451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.862887, "energy": 53.051247, "activity_lines": [ 156.709331, 156.111162, 154.039589, 151.667061 ] }, { "date": "2025-12-12", "close": 156.410004, "volume": 1825, "typical_volume": 2227.95, "trend": 148.802533, "fair_value": 128.514043, "relative_strength": -3.321135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.294419, "energy": 46.00904, "activity_lines": [ 156.886, 156.283781, 154.472561, 152.186726 ] }, { "date": "2025-12-19", "close": 156.770004, "volume": 3361, "typical_volume": 2319.65, "trend": 149.4382, "fair_value": 128.897719, "relative_strength": -5.278808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.674947, "energy": 47.062616, "activity_lines": [ 157.007334, 156.481128, 154.888723, 152.700757 ] }, { "date": "2025-12-26", "close": 157.589996, "volume": 669, "typical_volume": 2248.1, "trend": 150.017533, "fair_value": 129.291406, "relative_strength": -3.976532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.305739, "energy": 45.108723, "activity_lines": [ 157.333333, 156.765745, 155.325647, 153.226679 ] }, { "date": "2026-01-02", "close": 156.809998, "volume": 258, "typical_volume": 2191.3, "trend": 150.514866, "fair_value": 129.666243, "relative_strength": -5.532985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.544916, "energy": 37.767796, "activity_lines": [ 157.091999, 156.808908, 155.636237, 153.664903 ] }, { "date": "2026-01-09", "close": 160.869995, "volume": 2760, "typical_volume": 2241.5, "trend": 151.215866, "fair_value": 130.061466, "relative_strength": -3.387284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.568418, "energy": 48.210905, "activity_lines": [ 158.287331, 157.585453, 156.290208, 154.332975 ] }, { "date": "2026-01-16", "close": 161.039993, "volume": 4123, "typical_volume": 2255.35, "trend": 151.940199, "fair_value": 130.462414, "relative_strength": -3.037449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.394045, "energy": 56.995708, "activity_lines": [ 159.403996, 158.359088, 156.899655, 154.96679 ] }, { "date": "2026-01-23", "close": 157.869995, "volume": 2365, "typical_volume": 2228.9, "trend": 152.487199, "fair_value": 130.828594, "relative_strength": -2.479258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.417386, "energy": 44.452213, "activity_lines": [ 159.155328, 158.42436, 157.144912, 155.349357 ] }, { "date": "2026-01-30", "close": 155.970001, "volume": 4629, "typical_volume": 2269.85, "trend": 152.945865, "fair_value": 131.171605, "relative_strength": -4.665019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.052894, "energy": 37.747515, "activity_lines": [ 158.199997, 158.105452, 157.161074, 155.574054 ] }, { "date": "2026-02-06", "close": 155.160004, "volume": 2658, "typical_volume": 2329.55, "trend": 153.346865, "fair_value": 131.507791, "relative_strength": -5.458862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.259237, "energy": 17.824179, "activity_lines": [ 157.082666, 157.584908, 157.074808, 155.716902 ] }, { "date": "2026-02-13", "close": 153.699997, "volume": 2469, "typical_volume": 2376.55, "trend": 153.648865, "fair_value": 131.833997, "relative_strength": -5.06256, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.270732, "energy": 16.739626, "activity_lines": [ 155.588666, 156.851635, 156.832637, 155.739685 ] }, { "date": "2026-02-20", "close": 156.059998, "volume": 2012, "typical_volume": 2406.15, "trend": 153.994865, "fair_value": 132.185679, "relative_strength": -5.41292, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.796475, "energy": 19.35479, "activity_lines": [ 155.359332, 156.640907, 156.805989, 155.895242 ] }, { "date": "2026-02-27", "close": 155.330002, "volume": 709, "typical_volume": 2330.9, "trend": 154.348199, "fair_value": 132.523289, "relative_strength": -6.989223, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.134312, "energy": 18.420768, "activity_lines": [ 155.218667, 156.303817, 156.700818, 155.981379 ] }, { "date": "2026-03-06", "close": 155.630005, "volume": 10373, "typical_volume": 2739.8, "trend": 154.647199, "fair_value": 132.900104, "relative_strength": -0.297778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.606324, "energy": 14.614648, "activity_lines": [ 155.347335, 156.047455, 156.614885, 156.064077 ] }, { "date": "2026-03-13", "close": 154.860001, "volume": 3213, "typical_volume": 2850.0, "trend": 154.885199, "fair_value": 133.261634, "relative_strength": -1.120994, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.58333, "energy": 8.921337, "activity_lines": [ 155.242002, 155.686728, 156.438857, 156.077806 ] }, { "date": "2026-03-20", "close": 151.080002, "volume": 1773, "typical_volume": 2733.5, "trend": 154.983866, "fair_value": 133.597305, "relative_strength": -0.183912, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.206292, "energy": 34.658518, "activity_lines": [ 153.896669, 154.674183, 155.910857, 155.832309 ] }, { "date": "2026-03-27", "close": 148.259995, "volume": 2566, "typical_volume": 2754.8, "trend": 154.993866, "fair_value": 133.897717, "relative_strength": -3.186138, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.317531, "energy": 60.578456, "activity_lines": [ 151.786, 153.326909, 155.152047, 155.398511 ] }, { "date": "2026-04-03", "close": 152.029999, "volume": 1129, "typical_volume": 2697.9, "trend": 155.136199, "fair_value": 134.228636, "relative_strength": -5.443812, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.707946, "energy": 54.241605, "activity_lines": [ 151.451999, 152.897455, 154.778571, 155.207294 ] }, { "date": "2026-04-10", "close": 155.619995, "volume": 1302, "typical_volume": 2661.8, "trend": 155.301532, "fair_value": 134.581666, "relative_strength": -7.056613, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -51.719411, "energy": 51.099253, "activity_lines": [ 152.534664, 153.226908, 154.764666, 155.238506 ] }, { "date": "2026-04-17", "close": 158.470001, "volume": 1307, "typical_volume": 2607.85, "trend": 155.529866, "fair_value": 134.95155, "relative_strength": -7.68156, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -16.566123, "energy": 11.414299, "activity_lines": [ 154.567998, 154.080908, 155.009618, 155.442924 ] }, { "date": "2026-04-24", "close": 163.25, "volume": 1698, "typical_volume": 2559.95, "trend": 155.912866, "fair_value": 135.351074, "relative_strength": -2.465499, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 47.319205, "energy": 38.150455, "activity_lines": [ 157.953999, 155.743818, 155.707856, 155.940997 ] }, { "date": "2026-05-01", "close": 163.520004, "volume": 255, "typical_volume": 2481.45, "trend": 156.224533, "fair_value": 135.753316, "relative_strength": -3.438416, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 68.840482, "energy": 62.191566, "activity_lines": [ 160.618667, 157.282182, 156.410809, 156.43178 ] }, { "date": "2026-05-08", "close": 167.699997, "volume": 445, "typical_volume": 2335.65, "trend": 156.702199, "fair_value": 136.175956, "relative_strength": -3.05084, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.7037, "energy": 90.709308, "activity_lines": [ 163.659333, 159.444909, 157.478, 157.172133 ] }, { "date": "2026-05-15", "close": 170.710007, "volume": 917, "typical_volume": 2348.05, "trend": 157.3222, "fair_value": 136.603385, "relative_strength": -0.938617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.449559, "energy": 96.495769, "activity_lines": [ 166.658669, 161.930001, 158.77981, 158.075862 ] }, { "date": "2026-05-22", "close": 172.960007, "volume": 2858, "typical_volume": 2478.05, "trend": 157.869333, "fair_value": 137.038847, "relative_strength": -0.436467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.023045, "energy": 96.120132, "activity_lines": [ 169.402004, 164.550002, 160.23343, 159.084753 ] }, { "date": "2026-05-29", "close": 173.940002, "volume": 1713, "typical_volume": 2425.7, "trend": 158.367, "fair_value": 137.468649, "relative_strength": -0.913272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.587422, "energy": 94.709387, "activity_lines": [ 171.506004, 167.019093, 161.703477, 160.12157 ] }, { "date": "2026-06-05", "close": 174.0, "volume": 492, "typical_volume": 2244.15, "trend": 159.041, "fair_value": 137.899359, "relative_strength": -0.589094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.975934, "energy": 92.069119, "activity_lines": [ 172.917336, 169.083457, 163.117001, 161.130151 ] }, { "date": "2026-06-12", "close": 172.570007, "volume": 35, "typical_volume": 2127.65, "trend": 159.602, "fair_value": 138.313013, "relative_strength": -4.374996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.4554, "energy": 88.297915, "activity_lines": [ 173.153337, 170.419821, 164.332621, 162.00299 ] }, { "date": "2026-06-19", "close": 174.910004, "volume": 197, "typical_volume": 1906.05, "trend": 160.333, "fair_value": 138.749633, "relative_strength": -5.432556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.895432, "energy": 89.667334, "activity_lines": [ 173.844671, 171.808185, 165.701097, 162.990603 ] }, { "date": "2026-06-26", "close": 173.440002, "volume": 376, "typical_volume": 1791.95, "trend": 160.845667, "fair_value": 139.161615, "relative_strength": -3.236203, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.616567, "energy": 70.288882, "activity_lines": [ 173.766003, 172.578549, 166.839383, 163.836216 ] }, { "date": "2026-07-03", "close": 176.199997, "volume": 73, "typical_volume": 1672.15, "trend": 161.424334, "fair_value": 139.60174, "relative_strength": -4.455504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.934033, "energy": 71.230949, "activity_lines": [ 174.575335, 173.578548, 168.153478, 164.826818 ] }, { "date": "2026-07-10", "close": 177.759995, "volume": 1798, "typical_volume": 1661.45, "trend": 162.136, "fair_value": 140.05234, "relative_strength": -3.131205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.384659, "energy": 80.398168, "activity_lines": [ 175.753999, 174.626728, 169.509001, 165.880732 ] }, { "date": "2026-07-17", "close": 175.770004, "volume": 829, "typical_volume": 1667.45, "trend": 162.769333, "fair_value": 140.476885, "relative_strength": -2.756912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.209626, "energy": 66.61384, "activity_lines": [ 176.018667, 175.054183, 170.571668, 166.760345 ] }, { "date": "2026-07-24", "close": 175.830002, "volume": 499, "typical_volume": 1173.75, "trend": 163.377334, "fair_value": 140.890976, "relative_strength": -2.475082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.310975, "energy": 75.488013, "activity_lines": [ 176.09, 175.345819, 171.542716, 167.602969 ] }, { "date": "2026-07-31", "close": 173.550003, "volume": 319, "typical_volume": 1029.05, "trend": 163.935334, "fair_value": 141.306159, "relative_strength": -4.267105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.277979, "energy": 62.211736, "activity_lines": [ 175.340001, 175.12982, 172.20043, 168.25927 ] }, { "date": "2026-08-07", "close": 180.419998, "volume": 2291, "typical_volume": 1054.95, "trend": 164.587001, "fair_value": 141.764598, "relative_strength": -3.249896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.496762, "energy": 70.161936, "activity_lines": [ 176.872667, 176.152183, 173.42343, 169.322797 ] } ], "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." } } }