{ "ticker": { "uuid": "130ce255-eaf4-46f5-80d3-a1c3598b0b50", "symbol": "MSE", "name": "Amundi EURO STOXX 50 II 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.638, "architecture_energy": 69.747, "architecture_maturity": 32.487, "architecture_confidence": 82.771, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 8.4, "rotation_up": 62.82, "upward_expansion": 86.0, "deceleration": 53.32, "rotation_down": 22.84, "downward_expansion": 12.66 }, "activity_lines": [ 72.577332, 72.042908, 70.432095, 69.132279 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 74.309998, "trend_reference": 67.884333, "distance_from_trend": 0.094656, "trend_direction": "Improving", "fair_value": 56.870321, "distance_from_fair_value": 0.306657, "fair_value_direction": "Improving", "relative_strength": -2.624501, "relative_strength_direction": "Improving", "price_momentum": 0.109601, "excess_performance": -0.06129, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094656, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039231, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.306657, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.088089, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.026245, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036972, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.109601, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.316688, "read": "Demand-led" } ], "volume": { "latest": 51857, "relative_activity": 0.383599, "balance": 3.316688, "dry_up": 0.488494, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.02415, "annualized_volatility": 0.168229, "from_high_reference": -0.005088, "from_low_reference": 0.265282 }, "levels": { "trend_reference": 67.884333, "fair_value_reference": 56.870321, "structural_low": 60.099998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.003707, "positive_rate": 0.564103, "directional_follow_through": 0.564103, "median_excess_return": -0.008025, "regime_survival": 0.794872, "best_return": 0.104759, "worst_return": -0.087547, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.004432, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.025389, "regime_survival": 0.5, "best_return": 0.12601, "worst_return": -0.061654, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.071902, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": -0.011422, "regime_survival": 0.625, "best_return": 0.116252, "worst_return": -0.163934, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.130244, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.038692, "regime_survival": 0.25, "best_return": 0.17164, "worst_return": -0.108725, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-18", "end": "2023-10-13", "tenure": "Developing", "return": -0.017762, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-20", "end": "2023-11-24", "tenure": "Developing", "return": 0.087933, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-01", "end": "2023-12-22", "tenure": "New", "return": 0.022561, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-06-14", "tenure": "Established", "return": 0.093275, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-08-02", "tenure": "Developing", "return": -0.051914, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.049713, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2025-01-17", "tenure": "Established", "return": 0.042959, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.062335, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.130276, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2026-03-13", "tenure": "Extended", "return": 0.074436, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.001138, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.065514, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": 0.041231, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.080558, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 44.195, "volume": 24302, "typical_volume": 52771.3, "trend": 44.578833, "fair_value": 39.172404, "relative_strength": -2.320739, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.942046, "energy": 8.216117, "activity_lines": [ 45.224, 45.445454, 45.410905, 45.09328 ] }, { "date": "2023-08-25", "close": 44.400002, "volume": 22059, "typical_volume": 52110.9, "trend": 44.635167, "fair_value": 39.250481, "relative_strength": -3.305793, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.448463, "energy": 13.693777, "activity_lines": [ 44.833334, 45.242273, 45.324976, 45.081742 ] }, { "date": "2023-09-01", "close": 44.93, "volume": 21992, "typical_volume": 51604.9, "trend": 44.683333, "fair_value": 39.336058, "relative_strength": -3.569525, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.740238, "energy": 16.563391, "activity_lines": [ 44.728001, 45.165091, 45.288786, 45.100764 ] }, { "date": "2023-09-08", "close": 44.450001, "volume": 20564, "typical_volume": 50677.35, "trend": 44.732833, "fair_value": 39.414135, "relative_strength": -3.106463, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.697329, "energy": 19.97683, "activity_lines": [ 44.592001, 44.996273, 45.207381, 45.08571 ] }, { "date": "2023-09-15", "close": 45.060001, "volume": 25978, "typical_volume": 48517.65, "trend": 44.775833, "fair_value": 39.497885, "relative_strength": -3.88722, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.453439, "energy": 15.543267, "activity_lines": [ 44.725668, 44.96791, 45.187762, 45.106817 ] }, { "date": "2023-09-22", "close": 44.134998, "volume": 18218, "typical_volume": 47242.9, "trend": 44.815333, "fair_value": 39.585385, "relative_strength": -4.722373, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.802749, "energy": 15.790477, "activity_lines": [ 44.568333, 44.759273, 45.079929, 45.065473 ] }, { "date": "2023-09-29", "close": 43.849998, "volume": 30170, "typical_volume": 45512.5, "trend": 44.810333, "fair_value": 39.667596, "relative_strength": -4.125363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.522088, "energy": 27.30669, "activity_lines": [ 44.319999, 44.535, 44.949, 45.003194 ] }, { "date": "2023-10-06", "close": 43.494999, "volume": 26650, "typical_volume": 41248.25, "trend": 44.8205, "fair_value": 39.742532, "relative_strength": -3.329028, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.354937, "energy": 39.800521, "activity_lines": [ 43.989999, 44.285818, 44.789595, 44.918333 ] }, { "date": "2023-10-13", "close": 43.41, "volume": 73197, "typical_volume": 42442.7, "trend": 44.8795, "fair_value": 39.818397, "relative_strength": -4.844546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.838558, "energy": 60.778824, "activity_lines": [ 43.727332, 44.082545, 44.633357, 44.827333 ] }, { "date": "2023-10-20", "close": 42.305, "volume": 77445, "typical_volume": 42310.9, "trend": 44.879, "fair_value": 39.890609, "relative_strength": -4.176016, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.725049, "energy": 71.377183, "activity_lines": [ 43.165666, 43.715363, 44.38119, 44.661236 ] }, { "date": "2023-10-27", "close": 42.134998, "volume": 57282, "typical_volume": 43127.75, "trend": 44.807167, "fair_value": 39.975833, "relative_strength": -4.214567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.66884, "energy": 76.341461, "activity_lines": [ 42.730999, 43.37209, 44.126976, 44.484204 ] }, { "date": "2023-11-03", "close": 43.924999, "volume": 64231, "typical_volume": 43523.65, "trend": 44.7965, "fair_value": 40.057724, "relative_strength": -4.884421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.195217, "energy": 61.141137, "activity_lines": [ 43.026332, 43.391726, 44.056285, 44.42729 ] }, { "date": "2023-11-10", "close": 44.105, "volume": 82806, "typical_volume": 45431.5, "trend": 44.7655, "fair_value": 40.125769, "relative_strength": -3.846173, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.258348, "energy": 38.326584, "activity_lines": [ 43.376666, 43.452727, 44.012761, 44.382677 ] }, { "date": "2023-11-17", "close": 45.619999, "volume": 70276, "typical_volume": 46159.7, "trend": 44.778667, "fair_value": 40.201987, "relative_strength": -3.808347, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.364964, "energy": 12.650069, "activity_lines": [ 44.191333, 43.804181, 44.116309, 44.437806 ] }, { "date": "2023-11-24", "close": 46.025002, "volume": 32886, "typical_volume": 45218.5, "trend": 44.811667, "fair_value": 40.276506, "relative_strength": -2.653383, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.459196, "energy": 30.003698, "activity_lines": [ 44.993667, 44.208, 44.260595, 44.518215 ] }, { "date": "2023-12-01", "close": 46.540001, "volume": 36108, "typical_volume": 43457.45, "trend": 44.8635, "fair_value": 40.354519, "relative_strength": -3.085425, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.57311, "energy": 42.967543, "activity_lines": [ 45.719667, 44.687909, 44.446167, 44.62972 ] }, { "date": "2023-12-08", "close": 47.685001, "volume": 115654, "typical_volume": 47072.0, "trend": 44.954, "fair_value": 40.443654, "relative_strength": -2.151378, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.262349, "energy": 71.841928, "activity_lines": [ 46.533668, 45.332273, 44.738809, 44.811753 ] }, { "date": "2023-12-15", "close": 47.939999, "volume": 36527, "typical_volume": 46917.5, "trend": 45.023333, "fair_value": 40.530513, "relative_strength": -1.457715, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.982141, "energy": 79.684021, "activity_lines": [ 47.182, 45.953273, 45.047857, 45.004398 ] }, { "date": "2023-12-22", "close": 47.59, "volume": 32415, "typical_volume": 44393.1, "trend": 45.0975, "fair_value": 40.615321, "relative_strength": -2.031535, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.793321, "energy": 87.234069, "activity_lines": [ 47.458, 46.429818, 45.318476, 45.169989 ] }, { "date": "2023-12-29", "close": 47.654999, "volume": 12154, "typical_volume": 44045.7, "trend": 45.176833, "fair_value": 40.699135, "relative_strength": -1.822929, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.664978, "energy": 87.113003, "activity_lines": [ 47.624333, 46.842182, 45.585071, 45.334989 ] }, { "date": "2024-01-05", "close": 47.049999, "volume": 37354, "typical_volume": 44698.3, "trend": 45.249333, "fair_value": 40.773942, "relative_strength": -3.253088, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.439105, "energy": 75.870431, "activity_lines": [ 47.480333, 47.047273, 45.782928, 45.455838 ] }, { "date": "2024-01-12", "close": 47.200001, "volume": 12555, "typical_volume": 44223.1, "trend": 45.288333, "fair_value": 40.852756, "relative_strength": -2.927045, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.313358, "energy": 55.695227, "activity_lines": [ 47.352333, 47.190273, 45.981476, 45.581688 ] }, { "date": "2024-01-19", "close": 46.91, "volume": 42568, "typical_volume": 45251.9, "trend": 45.362333, "fair_value": 40.929647, "relative_strength": -2.828792, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.451486, "energy": 44.987095, "activity_lines": [ 47.16, 47.221, 46.139071, 45.686312 ] }, { "date": "2024-01-26", "close": 48.900002, "volume": 40176, "typical_volume": 46232.5, "trend": 45.4565, "fair_value": 41.026154, "relative_strength": 0.983846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.090869, "energy": 58.27965, "activity_lines": [ 47.699667, 47.562546, 46.476762, 45.914548 ] }, { "date": "2024-02-02", "close": 49.105, "volume": 64073, "typical_volume": 48137.25, "trend": 45.6135, "fair_value": 41.11359, "relative_strength": 0.306115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.287738, "energy": 77.812086, "activity_lines": [ 48.220334, 47.881728, 46.812786, 46.149935 ] }, { "date": "2024-02-09", "close": 49.735001, "volume": 38912, "typical_volume": 49171.95, "trend": 45.733833, "fair_value": 41.202436, "relative_strength": 0.139814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.921436, "energy": 90.897716, "activity_lines": [ 48.854334, 48.259455, 47.189548, 46.415839 ] }, { "date": "2024-02-16", "close": 50.290001, "volume": 22057, "typical_volume": 48766.3, "trend": 45.875833, "fair_value": 41.293462, "relative_strength": -0.589844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.270346, "energy": 94.05164, "activity_lines": [ 49.494334, 48.680001, 47.5925, 46.709785 ] }, { "date": "2024-02-23", "close": 51.400002, "volume": 19693, "typical_volume": 48418.45, "trend": 46.026833, "fair_value": 41.396442, "relative_strength": -1.382922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.02414, "energy": 95.858716, "activity_lines": [ 50.298335, 49.255001, 48.0705, 47.066183 ] }, { "date": "2024-03-01", "close": 51.630001, "volume": 29192, "typical_volume": 46218.2, "trend": 46.233, "fair_value": 41.49891, "relative_strength": -1.626276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.932568, "energy": 95.003941, "activity_lines": [ 50.879668, 49.80891, 48.532762, 47.427678 ] }, { "date": "2024-03-08", "close": 52.360001, "volume": 25944, "typical_volume": 43643.15, "trend": 46.467667, "fair_value": 41.595833, "relative_strength": -1.620528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.732085, "energy": 95.734536, "activity_lines": [ 51.522335, 50.422092, 49.025405, 47.822968 ] }, { "date": "2024-03-15", "close": 52.599998, "volume": 54674, "typical_volume": 43512.75, "trend": 46.747833, "fair_value": 41.69375, "relative_strength": -2.632291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.45533, "energy": 93.26292, "activity_lines": [ 52.028, 50.993364, 49.493024, 48.218602 ] }, { "date": "2024-03-22", "close": 53.169998, "volume": 29789, "typical_volume": 41790.65, "trend": 47.040167, "fair_value": 41.793718, "relative_strength": -2.633399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.378623, "energy": 92.204697, "activity_lines": [ 52.532666, 51.567364, 49.965095, 48.632936 ] }, { "date": "2024-03-29", "close": 53.66, "volume": 35965, "typical_volume": 39448.6, "trend": 47.331167, "fair_value": 41.891731, "relative_strength": -2.779149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.022584, "energy": 81.218963, "activity_lines": [ 53.008666, 52.121909, 50.43981, 49.060022 ] }, { "date": "2024-04-05", "close": 52.959999, "volume": 35335, "typical_volume": 37701.55, "trend": 47.614833, "fair_value": 41.983173, "relative_strength": -1.880939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.279718, "energy": 68.155559, "activity_lines": [ 53.100666, 52.426454, 50.802357, 49.423172 ] }, { "date": "2024-04-12", "close": 52.43, "volume": 52578, "typical_volume": 38686.15, "trend": 47.8605, "fair_value": 42.067628, "relative_strength": -2.077577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.351429, "energy": 66.350845, "activity_lines": [ 52.927333, 52.560818, 51.079476, 49.733828 ] }, { "date": "2024-04-19", "close": 52.09, "volume": 85742, "typical_volume": 41167.85, "trend": 48.125667, "fair_value": 42.151026, "relative_strength": -3.054766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.177085, "energy": 61.782635, "activity_lines": [ 52.636, 52.572909, 51.293714, 50.006699 ] }, { "date": "2024-04-26", "close": 53.240002, "volume": 102277, "typical_volume": 40499.0, "trend": 48.438667, "fair_value": 42.243397, "relative_strength": -1.733628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.45636, "energy": 62.239931, "activity_lines": [ 52.762001, 52.751273, 51.591048, 50.336656 ] }, { "date": "2024-05-03", "close": 52.509998, "volume": 26758, "typical_volume": 40010.55, "trend": 48.739167, "fair_value": 42.326667, "relative_strength": -1.191107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.950791, "energy": 47.03881, "activity_lines": [ 52.64, 52.743272, 51.792405, 50.599323 ] }, { "date": "2024-05-10", "close": 54.41, "volume": 48203, "typical_volume": 40799.95, "trend": 49.105833, "fair_value": 42.422404, "relative_strength": -0.562666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.819657, "energy": 61.361316, "activity_lines": [ 53.228, 53.060545, 52.152952, 50.965183 ] }, { "date": "2024-05-17", "close": 54.310001, "volume": 46000, "typical_volume": 42492.25, "trend": 49.506, "fair_value": 42.516795, "relative_strength": -2.669174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.351085, "energy": 64.875934, "activity_lines": [ 53.686, 53.309091, 52.4715, 51.300936 ] }, { "date": "2024-05-24", "close": 54.16, "volume": 73955, "typical_volume": 44322.3, "trend": 49.906833, "fair_value": 42.607051, "relative_strength": -0.226998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.755064, "energy": 63.68903, "activity_lines": [ 53.968667, 53.494909, 52.744071, 51.601194 ] }, { "date": "2024-05-31", "close": 53.669998, "volume": 59459, "typical_volume": 46667.5, "trend": 50.231667, "fair_value": 42.69282, "relative_strength": -0.991448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.920698, "energy": 58.841494, "activity_lines": [ 53.949999, 53.563272, 52.936119, 51.843978 ] }, { "date": "2024-06-07", "close": 54.400002, "volume": 79334, "typical_volume": 48505.8, "trend": 50.574833, "fair_value": 42.780865, "relative_strength": -0.03016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.738919, "energy": 57.170007, "activity_lines": [ 54.146, 53.755273, 53.166881, 52.112903 ] }, { "date": "2024-06-14", "close": 52.099998, "volume": 86048, "typical_volume": 50799.4, "trend": 50.790833, "fair_value": 42.857436, "relative_strength": 1.66173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.400788, "energy": 32.370236, "activity_lines": [ 53.449333, 53.515636, 53.142928, 52.211301 ] }, { "date": "2024-06-21", "close": 52.779999, "volume": 69399, "typical_volume": 51065.7, "trend": 51.016, "fair_value": 42.935577, "relative_strength": 1.069082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.929079, "energy": 21.537775, "activity_lines": [ 53.133333, 53.415272, 53.1685, 52.339634 ] }, { "date": "2024-06-28", "close": 52.700001, "volume": 37914, "typical_volume": 51015.8, "trend": 51.221333, "fair_value": 43.015417, "relative_strength": 1.440596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.792356, "energy": 19.206721, "activity_lines": [ 52.892666, 53.294, 53.168952, 52.44828 ] }, { "date": "2024-07-05", "close": 53.650002, "volume": 53910, "typical_volume": 52608.45, "trend": 51.420167, "fair_value": 43.102564, "relative_strength": 0.759567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.088765, "energy": 22.219742, "activity_lines": [ 53.066001, 53.334364, 53.245762, 52.604968 ] }, { "date": "2024-07-12", "close": 54.439999, "volume": 74328, "typical_volume": 55340.2, "trend": 51.636833, "fair_value": 43.196795, "relative_strength": 0.533093, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.00443, "energy": 27.487045, "activity_lines": [ 53.504, 53.510909, 53.381809, 52.799796 ] }, { "date": "2024-07-19", "close": 51.98, "volume": 154064, "typical_volume": 61583.8, "trend": 51.783167, "fair_value": 43.270032, "relative_strength": -2.895066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.232424, "energy": 7.115638, "activity_lines": [ 53.119334, 53.205091, 53.269095, 52.821935 ] }, { "date": "2024-07-26", "close": 52.419998, "volume": 68037, "typical_volume": 63688.45, "trend": 51.942, "fair_value": 43.347308, "relative_strength": -0.856134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.445942, "energy": 6.48706, "activity_lines": [ 52.889333, 53.023454, 53.196619, 52.863021 ] }, { "date": "2024-08-02", "close": 50.040001, "volume": 180604, "typical_volume": 69984.95, "trend": 52.041667, "fair_value": 43.404038, "relative_strength": -0.024594, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.923912, "energy": 31.612157, "activity_lines": [ 51.89, 52.443454, 52.89719, 52.740312 ] }, { "date": "2024-08-09", "close": 50.490002, "volume": 196395, "typical_volume": 78315.25, "trend": 52.151333, "fair_value": 43.460288, "relative_strength": 1.644443, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.837614, "energy": 49.158702, "activity_lines": [ 51.218, 52.020182, 52.65281, 52.640204 ] }, { "date": "2024-08-16", "close": 52.310001, "volume": 74542, "typical_volume": 80244.1, "trend": 52.331333, "fair_value": 43.533462, "relative_strength": 1.306596, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.515347, "energy": 45.751754, "activity_lines": [ 51.363334, 51.985637, 52.594524, 52.650441 ] }, { "date": "2024-08-23", "close": 53.0, "volume": 44456, "typical_volume": 80700.15, "trend": 52.468, "fair_value": 43.608494, "relative_strength": 0.783991, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.297349, "energy": 31.764991, "activity_lines": [ 51.880667, 52.114546, 52.608381, 52.693581 ] }, { "date": "2024-08-30", "close": 53.540001, "volume": 33208, "typical_volume": 79731.65, "trend": 52.615833, "fair_value": 43.68609, "relative_strength": -0.317609, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.723802, "energy": 5.937166, "activity_lines": [ 52.510001, 52.325273, 52.673476, 52.762742 ] }, { "date": "2024-09-06", "close": 51.080002, "volume": 93896, "typical_volume": 80139.35, "trend": 52.660667, "fair_value": 43.750032, "relative_strength": -1.758341, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.055306, "energy": 12.43971, "activity_lines": [ 52.244668, 52.07491, 52.499, 52.663656 ] }, { "date": "2024-09-13", "close": 52.27, "volume": 52632, "typical_volume": 77657.1, "trend": 52.726667, "fair_value": 43.824679, "relative_strength": -0.296371, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.808617, "energy": 16.77586, "activity_lines": [ 52.306667, 52.070364, 52.442667, 52.638452 ] }, { "date": "2024-09-20", "close": 52.619999, "volume": 155029, "typical_volume": 84070.65, "trend": 52.767333, "fair_value": 43.898526, "relative_strength": -0.222799, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.843518, "energy": 13.408202, "activity_lines": [ 52.366667, 52.154546, 52.424286, 52.63157 ] }, { "date": "2024-09-27", "close": 54.73, "volume": 183624, "typical_volume": 90841.7, "trend": 52.870667, "fair_value": 43.993077, "relative_strength": 0.865276, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.806848, "energy": 15.514575, "activity_lines": [ 53.109333, 52.655455, 52.606334, 52.758194 ] }, { "date": "2024-10-04", "close": 53.5, "volume": 116860, "typical_volume": 94384.7, "trend": 52.908667, "fair_value": 44.077212, "relative_strength": 1.887929, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.713086, "energy": 17.738895, "activity_lines": [ 53.326667, 52.882728, 52.669715, 52.798796 ] }, { "date": "2024-10-11", "close": 54.09, "volume": 59630, "typical_volume": 93668.45, "trend": 52.958333, "fair_value": 44.158333, "relative_strength": 0.819037, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.229277, "energy": 31.819036, "activity_lines": [ 53.743333, 53.197637, 52.793143, 52.875011 ] }, { "date": "2024-10-18", "close": 53.880001, "volume": 41180, "typical_volume": 92754.5, "trend": 52.982, "fair_value": 44.237692, "relative_strength": -2.109295, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.603357, "energy": 36.40088, "activity_lines": [ 53.889334, 53.400728, 52.896905, 52.934473 ] }, { "date": "2024-10-25", "close": 53.439999, "volume": 29012, "typical_volume": 90238.4, "trend": 52.974667, "fair_value": 44.310577, "relative_strength": -1.70476, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.973048, "energy": 27.583962, "activity_lines": [ 53.781333, 53.462182, 52.957762, 52.964022 ] }, { "date": "2024-11-01", "close": 52.790001, "volume": 45297, "typical_volume": 88200.85, "trend": 52.969, "fair_value": 44.371891, "relative_strength": -2.609005, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.310754, "energy": 13.061538, "activity_lines": [ 53.402, 53.384909, 52.961286, 52.952108 ] }, { "date": "2024-11-08", "close": 51.959999, "volume": 72865, "typical_volume": 88374.15, "trend": 52.953333, "fair_value": 44.427244, "relative_strength": -1.692194, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.859915, "energy": 13.620996, "activity_lines": [ 52.875333, 53.160545, 52.882476, 52.887011 ] }, { "date": "2024-11-15", "close": 51.880001, "volume": 51932, "typical_volume": 89075.05, "trend": 52.946334, "fair_value": 44.482724, "relative_strength": -2.885149, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.499866, "energy": 22.456022, "activity_lines": [ 52.424667, 52.950364, 52.799953, 52.817764 ] }, { "date": "2024-11-22", "close": 51.84, "volume": 41826, "typical_volume": 88470.85, "trend": 52.899667, "fair_value": 44.554904, "relative_strength": -0.921105, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.389754, "energy": 32.76158, "activity_lines": [ 52.108, 52.718364, 52.717524, 52.746387 ] }, { "date": "2024-11-29", "close": 52.119999, "volume": 53731, "typical_volume": 87441.0, "trend": 52.886667, "fair_value": 44.630224, "relative_strength": -0.153262, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.720681, "energy": 40.410812, "activity_lines": [ 52.020666, 52.545091, 52.670381, 52.696086 ] }, { "date": "2024-12-06", "close": 53.990002, "volume": 50728, "typical_volume": 82274.2, "trend": 52.872667, "fair_value": 44.709231, "relative_strength": -0.526332, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.692982, "energy": 11.387459, "activity_lines": [ 52.644667, 52.720909, 52.812381, 52.767269 ] }, { "date": "2024-12-13", "close": 53.82, "volume": 91796, "typical_volume": 83462.15, "trend": 52.856333, "fair_value": 44.789583, "relative_strength": -1.19116, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.866679, "energy": 10.246001, "activity_lines": [ 53.132, 52.879273, 52.928619, 52.828387 ] }, { "date": "2024-12-20", "close": 52.779999, "volume": 147668, "typical_volume": 81815.35, "trend": 52.810333, "fair_value": 44.856699, "relative_strength": 0.128089, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.742428, "energy": 19.402547, "activity_lines": [ 53.148667, 52.842727, 52.939143, 52.823463 ] }, { "date": "2024-12-27", "close": 53.130001, "volume": 7078, "typical_volume": 72349.5, "trend": 52.792334, "fair_value": 44.923622, "relative_strength": -0.355215, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.840851, "energy": 24.435649, "activity_lines": [ 53.222, 52.893637, 52.969953, 52.844086 ] }, { "date": "2025-01-03", "close": 52.77, "volume": 34630, "typical_volume": 70353.9, "trend": 52.738, "fair_value": 44.988173, "relative_strength": -0.935457, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.166014, "energy": 19.625563, "activity_lines": [ 53.089334, 52.892727, 52.953905, 52.842645 ] }, { "date": "2025-01-10", "close": 53.93, "volume": 31176, "typical_volume": 69689.9, "trend": 52.799, "fair_value": 45.062019, "relative_strength": -1.518687, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.296166, "energy": 26.929635, "activity_lines": [ 53.3, 53.114909, 53.046143, 52.919549 ] }, { "date": "2025-01-17", "close": 55.84, "volume": 40346, "typical_volume": 70046.8, "trend": 52.901, "fair_value": 45.150929, "relative_strength": -1.331474, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 72.645872, "energy": 59.311336, "activity_lines": [ 54.151333, 53.663636, 53.315857, 53.115742 ] }, { "date": "2025-01-24", "close": 56.630001, "volume": 27411, "typical_volume": 66722.55, "trend": 53.032, "fair_value": 45.250192, "relative_strength": 0.305696, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.01094, "energy": 74.730803, "activity_lines": [ 55.131334, 54.285455, 53.649857, 53.356323 ] }, { "date": "2025-01-31", "close": 57.360001, "volume": 22033, "typical_volume": 65192.6, "trend": 53.155667, "fair_value": 45.357885, "relative_strength": 0.87596, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.115023, "energy": 85.118051, "activity_lines": [ 56.098001, 54.953637, 54.026953, 53.635549 ] }, { "date": "2025-02-07", "close": 57.880001, "volume": 48593, "typical_volume": 59870.8, "trend": 53.270334, "fair_value": 45.464359, "relative_strength": 0.228727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.57471, "energy": 88.87757, "activity_lines": [ 56.956001, 55.616001, 54.429334, 53.940344 ] }, { "date": "2025-02-14", "close": 59.68, "volume": 39915, "typical_volume": 52685.35, "trend": 53.527, "fair_value": 45.5875, "relative_strength": 0.853451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.86137, "energy": 95.35964, "activity_lines": [ 58.073334, 56.50091, 54.978096, 54.353871 ] }, { "date": "2025-02-21", "close": 59.450001, "volume": 75096, "typical_volume": 50597.15, "trend": 53.761334, "fair_value": 45.715417, "relative_strength": -0.663578, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.337237, "energy": 92.068492, "activity_lines": [ 58.730667, 57.240546, 55.481381, 54.736 ] }, { "date": "2025-02-28", "close": 59.220001, "volume": 60841, "typical_volume": 50657.7, "trend": 54.067334, "fair_value": 45.867788, "relative_strength": -1.603575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.641034, "energy": 88.311198, "activity_lines": [ 59.070667, 57.836001, 55.934429, 55.088172 ] }, { "date": "2025-03-07", "close": 59.369999, "volume": 70821, "typical_volume": 52139.75, "trend": 54.363334, "fair_value": 46.012821, "relative_strength": -1.160328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.419722, "energy": 85.210673, "activity_lines": [ 59.288, 58.341637, 56.377334, 55.43028 ] }, { "date": "2025-03-14", "close": 58.700001, "volume": 78020, "typical_volume": 54590.15, "trend": 54.576334, "fair_value": 46.140385, "relative_strength": -2.394824, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.316337, "energy": 63.170614, "activity_lines": [ 59.148, 58.612001, 56.730286, 55.710065 ] }, { "date": "2025-03-21", "close": 58.939999, "volume": 69741, "typical_volume": 55812.35, "trend": 54.774334, "fair_value": 46.271795, "relative_strength": -2.906373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.524807, "energy": 57.586824, "activity_lines": [ 59.033333, 58.818182, 57.081048, 55.991592 ] }, { "date": "2025-03-28", "close": 58.040001, "volume": 56932, "typical_volume": 55015.7, "trend": 54.924334, "fair_value": 46.393878, "relative_strength": -3.60118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.826534, "energy": 43.803198, "activity_lines": [ 58.668, 58.769637, 57.31681, 56.20228 ] }, { "date": "2025-04-04", "close": 53.099998, "volume": 64637, "typical_volume": 55650.95, "trend": 54.991667, "fair_value": 46.488237, "relative_strength": -1.365489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 5.935768, "energy": 16.282335, "activity_lines": [ 56.749999, 57.782909, 57.053143, 56.084581 ] }, { "date": "2025-04-11", "close": 52.119999, "volume": 268695, "typical_volume": 66994.4, "trend": 54.986667, "fair_value": 46.57625, "relative_strength": -1.393211, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.236558, "energy": 36.458296, "activity_lines": [ 54.913333, 56.682181, 56.690333, 55.899312 ] }, { "date": "2025-04-18", "close": 53.779999, "volume": 56144, "typical_volume": 67115.05, "trend": 55.025333, "fair_value": 46.675673, "relative_strength": -3.723957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.542137, "energy": 39.043459, "activity_lines": [ 54.113332, 55.978545, 56.484286, 55.821462 ] }, { "date": "2025-04-25", "close": 56.34, "volume": 32664, "typical_volume": 66211.85, "trend": 55.079, "fair_value": 46.792981, "relative_strength": -2.780074, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.834748, "energy": 34.646871, "activity_lines": [ 54.494666, 55.814909, 56.514143, 55.90628 ] }, { "date": "2025-05-02", "close": 57.849998, "volume": 35905, "typical_volume": 63417.3, "trend": 55.224, "fair_value": 46.928494, "relative_strength": -2.663986, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.390125, "energy": 20.653122, "activity_lines": [ 55.552666, 55.986545, 56.676619, 56.085054 ] }, { "date": "2025-05-09", "close": 58.43, "volume": 36955, "typical_volume": 57881.65, "trend": 55.368667, "fair_value": 47.063077, "relative_strength": -4.188117, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.71535, "energy": 24.322373, "activity_lines": [ 56.816666, 56.292727, 56.875143, 56.291892 ] }, { "date": "2025-05-16", "close": 59.869999, "volume": 35519, "typical_volume": 59303.7, "trend": 55.568333, "fair_value": 47.209679, "relative_strength": -4.859396, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.884832, "energy": 44.157196, "activity_lines": [ 58.205333, 56.87509, 57.183904, 56.582301 ] }, { "date": "2025-05-23", "close": 58.91, "volume": 43776, "typical_volume": 59761.0, "trend": 55.750667, "fair_value": 47.339487, "relative_strength": -3.490764, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.150033, "energy": 42.871813, "activity_lines": [ 58.757333, 57.273818, 57.369142, 56.797892 ] }, { "date": "2025-05-30", "close": 59.380001, "volume": 47598, "typical_volume": 60582.1, "trend": 55.970333, "fair_value": 47.474135, "relative_strength": -4.11681, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.824097, "energy": 61.821796, "activity_lines": [ 59.124, 57.754181, 57.569904, 57.032043 ] }, { "date": "2025-06-06", "close": 60.119999, "volume": 37883, "typical_volume": 60458.95, "trend": 56.242333, "fair_value": 47.625353, "relative_strength": -4.047169, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.811593, "energy": 68.389584, "activity_lines": [ 59.534666, 58.36109, 57.81519, 57.299763 ] }, { "date": "2025-06-13", "close": 58.549999, "volume": 72309, "typical_volume": 62703.85, "trend": 56.464667, "fair_value": 47.776506, "relative_strength": -3.664755, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.731577, "energy": 43.774634, "activity_lines": [ 59.270666, 58.644727, 57.890571, 57.448645 ] }, { "date": "2025-06-20", "close": 57.91, "volume": 46343, "typical_volume": 63919.35, "trend": 56.667, "fair_value": 47.917115, "relative_strength": -4.082815, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.836091, "energy": 31.962186, "activity_lines": [ 58.785333, 58.712909, 57.895857, 57.541892 ] }, { "date": "2025-06-27", "close": 59.0, "volume": 28068, "typical_volume": 62893.1, "trend": 56.896333, "fair_value": 48.070321, "relative_strength": -3.407234, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.845691, "energy": 26.174424, "activity_lines": [ 58.794, 58.874, 58.002333, 57.692408 ] }, { "date": "2025-07-04", "close": 58.639999, "volume": 265159, "typical_volume": 74155.3, "trend": 57.051333, "fair_value": 48.217372, "relative_strength": -3.587016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.977588, "energy": 20.220286, "activity_lines": [ 58.676666, 58.874727, 58.06919, 57.804903 ] }, { "date": "2025-07-11", "close": 59.650002, "volume": 91448, "typical_volume": 74972.9, "trend": 57.245667, "fair_value": 48.372821, "relative_strength": -2.937797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.229227, "energy": 27.262386, "activity_lines": [ 58.945334, 59.017273, 58.23719, 57.972559 ] }, { "date": "2025-07-18", "close": 59.380001, "volume": 31705, "typical_volume": 73516.1, "trend": 57.465667, "fair_value": 48.518878, "relative_strength": -3.882365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.885583, "energy": 38.367311, "activity_lines": [ 59.155334, 59.078, 58.378524, 58.110258 ] }, { "date": "2025-07-25", "close": 59.439999, "volume": 62695, "typical_volume": 73109.8, "trend": 57.676, "fair_value": 48.658301, "relative_strength": -4.654648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.481577, "energy": 44.484768, "activity_lines": [ 59.33, 59.132364, 58.524809, 58.237634 ] }, { "date": "2025-08-01", "close": 57.32, "volume": 95862, "typical_volume": 74001.9, "trend": 57.827667, "fair_value": 48.783141, "relative_strength": -6.102138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.30759, "energy": 15.628093, "activity_lines": [ 58.696, 58.809091, 58.468857, 58.214667 ] }, { "date": "2025-08-08", "close": 59.369999, "volume": 191046, "typical_volume": 80067.15, "trend": 58.009, "fair_value": 48.917244, "relative_strength": -6.480702, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.755144, "energy": 20.836871, "activity_lines": [ 58.857333, 58.887454, 58.614714, 58.314172 ] }, { "date": "2025-08-15", "close": 60.290001, "volume": 61409, "typical_volume": 80291.0, "trend": 58.157333, "fair_value": 49.060705, "relative_strength": -7.126054, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.844776, "energy": 31.627971, "activity_lines": [ 59.276667, 59.133273, 58.846143, 58.461333 ] }, { "date": "2025-08-22", "close": 60.950001, "volume": 100746, "typical_volume": 82096.45, "trend": 58.301333, "fair_value": 49.216538, "relative_strength": -7.335072, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.993447, "energy": 44.530175, "activity_lines": [ 59.873334, 59.496, 59.129714, 58.641505 ] }, { "date": "2025-08-29", "close": 59.43, "volume": 79720, "typical_volume": 72647.7, "trend": 58.370333, "fair_value": 49.365833, "relative_strength": -7.085064, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.476988, "energy": 53.133522, "activity_lines": [ 59.858667, 59.538728, 59.231143, 58.714323 ] }, { "date": "2025-09-05", "close": 58.990002, "volume": 101172, "typical_volume": 74899.1, "trend": 58.407333, "fair_value": 49.510577, "relative_strength": -6.331077, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.885821, "energy": 46.007298, "activity_lines": [ 59.698001, 59.473819, 59.255857, 58.754301 ] }, { "date": "2025-09-12", "close": 59.759998, "volume": 52710, "typical_volume": 75901.4, "trend": 58.41, "fair_value": 49.655192, "relative_strength": -7.063169, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.054354, "energy": 35.561347, "activity_lines": [ 59.682667, 59.549091, 59.329095, 58.84157 ] }, { "date": "2025-09-19", "close": 60.599998, "volume": 70117, "typical_volume": 77612.0, "trend": 58.448333, "fair_value": 49.824679, "relative_strength": -5.038354, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.065891, "energy": 32.790875, "activity_lines": [ 59.921333, 59.756727, 59.466048, 58.98286 ] }, { "date": "2025-09-26", "close": 61.009998, "volume": 63753, "typical_volume": 78951.9, "trend": 58.508, "fair_value": 49.99907, "relative_strength": -4.968463, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.368757, "energy": 41.880642, "activity_lines": [ 60.275999, 60.021636, 59.628952, 59.148129 ] }, { "date": "2025-10-03", "close": 62.779999, "volume": 67680, "typical_volume": 80559.95, "trend": 58.621666, "fair_value": 50.180833, "relative_strength": -3.420649, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.20152, "energy": 72.835153, "activity_lines": [ 61.216665, 60.578727, 59.948142, 59.423742 ] }, { "date": "2025-10-10", "close": 61.470001, "volume": 58989, "typical_volume": 81320.6, "trend": 58.714, "fair_value": 50.353301, "relative_strength": -2.571673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.886784, "energy": 70.312812, "activity_lines": [ 61.497333, 60.836909, 60.128714, 59.607505 ] }, { "date": "2025-10-17", "close": 62.310001, "volume": 58348, "typical_volume": 81858.1, "trend": 58.826333, "fair_value": 50.525865, "relative_strength": -0.505543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.508411, "energy": 74.53333, "activity_lines": [ 61.892667, 61.172363, 60.377095, 59.839505 ] }, { "date": "2025-10-24", "close": 62.970001, "volume": 41760, "typical_volume": 82051.95, "trend": 58.990666, "fair_value": 50.693654, "relative_strength": -1.10768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.837886, "energy": 78.195769, "activity_lines": [ 62.338001, 61.574364, 60.674381, 60.106839 ] }, { "date": "2025-10-31", "close": 62.93, "volume": 47300, "typical_volume": 80801.5, "trend": 59.318333, "fair_value": 50.856026, "relative_strength": -2.664402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.838589, "energy": 75.56747, "activity_lines": [ 62.612001, 61.920364, 60.954286, 60.360989 ] }, { "date": "2025-11-07", "close": 61.93, "volume": 44169, "typical_volume": 80692.8, "trend": 59.645333, "fair_value": 51.000128, "relative_strength": -3.521657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.787598, "energy": 61.125429, "activity_lines": [ 62.424667, 62.048545, 61.118095, 60.529484 ] }, { "date": "2025-11-14", "close": 63.330002, "volume": 99174, "typical_volume": 84248.1, "trend": 59.963667, "fair_value": 51.149583, "relative_strength": -3.659422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.882149, "energy": 58.609281, "activity_lines": [ 62.760668, 62.385819, 61.396095, 60.767204 ] }, { "date": "2025-11-21", "close": 61.360001, "volume": 113944, "typical_volume": 76687.35, "trend": 60.131, "fair_value": 51.283782, "relative_strength": -3.603955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.157649, "energy": 39.484501, "activity_lines": [ 62.316001, 62.286001, 61.465857, 60.85729 ] }, { "date": "2025-11-28", "close": 63.119999, "volume": 86446, "typical_volume": 76437.25, "trend": 60.306667, "fair_value": 51.427981, "relative_strength": -2.297624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.598412, "energy": 40.751249, "activity_lines": [ 62.521334, 62.477091, 61.690286, 61.050129 ] }, { "date": "2025-12-05", "close": 63.810001, "volume": 80832, "typical_volume": 78893.6, "trend": 60.486, "fair_value": 51.579103, "relative_strength": -1.294755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.106073, "energy": 47.182285, "activity_lines": [ 62.946667, 62.747819, 61.963905, 61.276151 ] }, { "date": "2025-12-12", "close": 63.740002, "volume": 94526, "typical_volume": 80485.15, "trend": 60.615, "fair_value": 51.738622, "relative_strength": -1.487558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.032007, "energy": 44.961542, "activity_lines": [ 63.290001, 62.95491, 62.209762, 61.486086 ] }, { "date": "2025-12-19", "close": 64.199997, "volume": 117819, "typical_volume": 81583.0, "trend": 60.791333, "fair_value": 51.900032, "relative_strength": -3.373553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.692314, "energy": 64.585137, "activity_lines": [ 63.666, 63.228182, 62.478952, 61.717376 ] }, { "date": "2025-12-26", "close": 64.089996, "volume": 27795, "typical_volume": 73420.45, "trend": 60.948333, "fair_value": 52.063045, "relative_strength": -3.063756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.191301, "energy": 66.26392, "activity_lines": [ 63.947332, 63.431818, 62.704904, 61.930193 ] }, { "date": "2026-01-02", "close": 65.300003, "volume": 81398, "typical_volume": 74419.9, "trend": 61.121, "fair_value": 52.218333, "relative_strength": -2.768064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.776987, "energy": 75.688975, "activity_lines": [ 64.45, 63.823091, 63.023619, 62.210946 ] }, { "date": "2026-01-09", "close": 66.889999, "volume": 56684, "typical_volume": 72216.8, "trend": 61.399, "fair_value": 52.375096, "relative_strength": -1.057222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.404744, "energy": 87.626469, "activity_lines": [ 65.337333, 64.461091, 63.469905, 62.58314 ] }, { "date": "2026-01-16", "close": 67.230003, "volume": 66754, "typical_volume": 71568.5, "trend": 61.709667, "fair_value": 52.536154, "relative_strength": -0.637457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.600454, "energy": 92.329993, "activity_lines": [ 66.132667, 65.088909, 63.920286, 62.959333 ] }, { "date": "2026-01-23", "close": 66.349998, "volume": 171574, "typical_volume": 75088.6, "trend": 61.954667, "fair_value": 52.687692, "relative_strength": 0.289388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.986893, "energy": 83.711762, "activity_lines": [ 66.402, 65.460363, 64.249714, 63.25871 ] }, { "date": "2026-01-30", "close": 66.389999, "volume": 110032, "typical_volume": 77954.7, "trend": 62.213, "fair_value": 52.834519, "relative_strength": -1.034443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.165826, "energy": 76.246049, "activity_lines": [ 66.541333, 65.784181, 64.547905, 63.54486 ] }, { "date": "2026-02-06", "close": 66.970001, "volume": 106657, "typical_volume": 79781.7, "trend": 62.457, "fair_value": 52.988397, "relative_strength": -0.799165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.027768, "energy": 60.312787, "activity_lines": [ 66.720667, 66.122, 64.869762, 63.851763 ] }, { "date": "2026-02-13", "close": 66.900002, "volume": 91381, "typical_volume": 81163.1, "trend": 62.707667, "fair_value": 53.136667, "relative_strength": 0.199463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.301025, "energy": 56.719637, "activity_lines": [ 66.765334, 66.377091, 65.154619, 64.138409 ] }, { "date": "2026-02-20", "close": 68.440002, "volume": 63088, "typical_volume": 80933.5, "trend": 63.007667, "fair_value": 53.300064, "relative_strength": 0.305625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.912431, "energy": 65.279495, "activity_lines": [ 67.322668, 66.856001, 65.558096, 64.508237 ] }, { "date": "2026-02-27", "close": 68.629997, "volume": 65329, "typical_volume": 81250.5, "trend": 63.384667, "fair_value": 53.457949, "relative_strength": -0.884499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.661501, "energy": 75.724242, "activity_lines": [ 67.862667, 67.284, 65.952714, 64.870968 ] }, { "date": "2026-03-06", "close": 64.580002, "volume": 244336, "typical_volume": 90549.9, "trend": 63.558333, "fair_value": 53.595064, "relative_strength": -0.174733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.404205, "energy": 42.269857, "activity_lines": [ 66.900667, 66.895091, 65.927524, 64.948086 ] }, { "date": "2026-03-13", "close": 63.799999, "volume": 300327, "typical_volume": 103478.25, "trend": 63.675333, "fair_value": 53.737115, "relative_strength": -1.645717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.623981, "energy": 16.932511, "activity_lines": [ 65.799333, 66.355455, 65.817238, 64.963678 ] }, { "date": "2026-03-20", "close": 61.5, "volume": 357633, "typical_volume": 118994.9, "trend": 63.693667, "fair_value": 53.860064, "relative_strength": -1.829071, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.180056, "energy": 26.300539, "activity_lines": [ 64.142667, 65.424909, 65.483952, 64.823333 ] }, { "date": "2026-03-27", "close": 61.57, "volume": 275851, "typical_volume": 130579.0, "trend": 63.765, "fair_value": 53.970833, "relative_strength": -2.835467, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.451038, "energy": 42.063976, "activity_lines": [ 62.869333, 64.605091, 65.164143, 64.686323 ] }, { "date": "2026-04-03", "close": 63.650002, "volume": 146107, "typical_volume": 132925.65, "trend": 63.920333, "fair_value": 54.095224, "relative_strength": -4.324614, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.367494, "energy": 36.165758, "activity_lines": [ 62.747334, 64.266364, 65.044143, 64.678903 ] }, { "date": "2026-04-10", "close": 66.290001, "volume": 306143, "typical_volume": 142535.6, "trend": 64.138, "fair_value": 54.231474, "relative_strength": -4.332983, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -5.56931, "energy": 19.665562, "activity_lines": [ 63.837334, 64.456728, 65.174048, 64.831785 ] }, { "date": "2026-04-17", "close": 67.82, "volume": 129763, "typical_volume": 144701.45, "trend": 64.378667, "fair_value": 54.376314, "relative_strength": -4.513578, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 45.076947, "energy": 20.029739, "activity_lines": [ 65.323334, 64.927091, 65.426191, 65.069334 ] }, { "date": "2026-04-24", "close": 65.970001, "volume": 124210, "typical_volume": 146870.35, "trend": 64.544, "fair_value": 54.510513, "relative_strength": -4.597317, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.458393, "energy": 27.047579, "activity_lines": [ 65.924667, 65.045637, 65.479762, 65.172 ] }, { "date": "2026-05-01", "close": 66.110001, "volume": 113978, "typical_volume": 147842.95, "trend": 64.655, "fair_value": 54.64593, "relative_strength": -5.389627, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.808172, "energy": 31.424136, "activity_lines": [ 66.274668, 65.206546, 65.536381, 65.273033 ] }, { "date": "2026-05-08", "close": 66.760002, "volume": 186719, "typical_volume": 151287.95, "trend": 64.831334, "fair_value": 54.785609, "relative_strength": -6.321712, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.470054, "energy": 31.09866, "activity_lines": [ 66.538668, 65.528001, 65.64362, 65.408839 ] }, { "date": "2026-05-15", "close": 65.940002, "volume": 97814, "typical_volume": 154788.9, "trend": 64.952334, "fair_value": 54.914327, "relative_strength": -6.983639, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.500201, "energy": 30.805796, "activity_lines": [ 66.322002, 65.734365, 65.660572, 65.480366 ] }, { "date": "2026-05-22", "close": 68.290001, "volume": 473600, "typical_volume": 174399.0, "trend": 65.129667, "fair_value": 55.061282, "relative_strength": -4.293058, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.653579, "energy": 37.500983, "activity_lines": [ 66.912001, 66.343274, 65.892525, 65.6957 ] }, { "date": "2026-05-29", "close": 68.690002, "volume": 279617, "typical_volume": 185545.65, "trend": 65.321667, "fair_value": 55.211378, "relative_strength": -4.606346, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.645545, "energy": 45.361382, "activity_lines": [ 67.604002, 66.943274, 66.148334, 65.925399 ] }, { "date": "2026-06-05", "close": 68.769997, "volume": 31419, "typical_volume": 183778.9, "trend": 65.549667, "fair_value": 55.364551, "relative_strength": -4.088407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.625893, "energy": 55.291421, "activity_lines": [ 68.141333, 67.427092, 66.403191, 66.147871 ] }, { "date": "2026-06-12", "close": 70.220001, "volume": 81416, "typical_volume": 179271.0, "trend": 65.779334, "fair_value": 55.519615, "relative_strength": -4.96264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.750084, "energy": 71.343017, "activity_lines": [ 68.984667, 68.043637, 66.78881, 66.449183 ] }, { "date": "2026-06-19", "close": 71.529999, "volume": 40627, "typical_volume": 175800.75, "trend": 66.118334, "fair_value": 55.691667, "relative_strength": -5.51096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.940879, "energy": 79.276576, "activity_lines": [ 70.034, 68.778909, 67.280762, 66.820194 ] }, { "date": "2026-06-26", "close": 70.75, "volume": 9745, "typical_volume": 170955.15, "trend": 66.372667, "fair_value": 55.84984, "relative_strength": -3.518255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.850728, "energy": 78.062239, "activity_lines": [ 70.450666, 69.277091, 67.673953, 67.119011 ] }, { "date": "2026-07-03", "close": 72.949997, "volume": 19894, "typical_volume": 167380.8, "trend": 66.677334, "fair_value": 56.032885, "relative_strength": -3.316505, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.649063, "energy": 87.360233, "activity_lines": [ 71.436665, 70.122, 68.258667, 67.543355 ] }, { "date": "2026-07-10", "close": 71.339996, "volume": 122656, "typical_volume": 170359.2, "trend": 66.930667, "fair_value": 56.194519, "relative_strength": -4.912381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.195759, "energy": 79.92626, "activity_lines": [ 71.601998, 70.547272, 68.661238, 67.844172 ] }, { "date": "2026-07-17", "close": 70.919998, "volume": 98958, "typical_volume": 172040.65, "trend": 67.154667, "fair_value": 56.354071, "relative_strength": -4.001186, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.832115, "energy": 70.40606, "activity_lines": [ 71.455998, 70.801089, 69.01, 68.101548 ] }, { "date": "2026-07-24", "close": 71.510002, "volume": 64937, "typical_volume": 163070.7, "trend": 67.402, "fair_value": 56.512019, "relative_strength": -2.949429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.007821, "energy": 60.411827, "activity_lines": [ 71.459999, 71.086544, 69.404047, 68.382538 ] }, { "date": "2026-07-31", "close": 72.349998, "volume": 48397, "typical_volume": 150474.2, "trend": 67.637, "fair_value": 56.684487, "relative_strength": -2.443927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.470506, "energy": 54.304718, "activity_lines": [ 71.745332, 71.423453, 69.845095, 68.701763 ] }, { "date": "2026-08-07", "close": 74.309998, "volume": 51857, "typical_volume": 135185.4, "trend": 67.884333, "fair_value": 56.870321, "relative_strength": -2.624501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.638427, "energy": 69.746974, "activity_lines": [ 72.577332, 72.042908, 70.432095, 69.132279 ] } ], "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." } } }