{ "ticker": { "uuid": "14fa7dea-a3a2-468e-8632-2cfb35e5f728", "symbol": "ELOVD", "name": "UBS Factor MSCI EMU Low Volatility UCITS ETF EUR dis", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.84, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 89.777, "architecture_energy": 86.838, "architecture_maturity": 19.188, "architecture_confidence": 60.483, "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": 1.38, "rotation_up": 86.14, "upward_expansion": 95.56, "deceleration": 43.0, "rotation_down": 10.85, "downward_expansion": 17.56 }, "activity_lines": [ 19.726134, 19.558146, 19.212181, 19.013548 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 19.938, "trend_reference": 18.723867, "distance_from_trend": 0.064844, "trend_direction": "Improving", "fair_value": 16.1483, "distance_from_fair_value": 0.234681, "fair_value_direction": "Improving", "relative_strength": -5.492524, "relative_strength_direction": "Improving", "price_momentum": 0.0882, "excess_performance": -0.082692, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.064844, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036885, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.234681, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.047175, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.054925, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01536, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.0882, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 20.694853, "read": "Demand-led" } ], "volume": { "latest": 4825, "relative_activity": 5.769461, "balance": 20.694853, "dry_up": 2.432142, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.01088, "annualized_volatility": 0.117334, "from_high_reference": -0.000902, "from_low_reference": 0.182422 }, "levels": { "trend_reference": 18.723867, "fair_value_reference": 16.1483, "structural_low": 17.521999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": 0.003683, "positive_rate": 0.529412, "directional_follow_through": 0.529412, "median_excess_return": -0.009722, "regime_survival": 0.705882, "best_return": 0.101553, "worst_return": -0.064627, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.010835, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.029782, "regime_survival": 0.333333, "best_return": 0.10095, "worst_return": -0.053825, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.042703, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.050967, "regime_survival": 0.571429, "best_return": 0.085179, "worst_return": -0.113379, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.079417, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.052147, "regime_survival": 0.5, "best_return": 0.173352, "worst_return": -0.067754, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": 0.002441, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": 0.003183, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-02-07", "tenure": "Developing", "return": 0.05026, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-07-04", "tenure": "Established", "return": 0.102074, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.022481, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-12", "tenure": "New", "return": -0.011477, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": 0.03342, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": 0.000579, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-26", "tenure": "Developing", "return": 0.007988, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-03-27", "tenure": "Established", "return": 0.020736, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.020329, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-22", "tenure": "Developing", "return": -0.014519, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": 0.023258, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.030175, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.506057, "volume": 3356, "typical_volume": 6211.35, "trend": 13.836314, "fair_value": 13.378278, "relative_strength": -6.790713, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.704256, "energy": 21.40357, "activity_lines": [ 13.76841, 13.813896, 13.897348, 13.893716 ] }, { "date": "2023-08-25", "close": 13.668824, "volume": 4529, "typical_volume": 6298.7, "trend": 13.846206, "fair_value": 13.38911, "relative_strength": -6.777566, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.167489, "energy": 41.636814, "activity_lines": [ 13.703366, 13.784599, 13.867604, 13.882911 ] }, { "date": "2023-09-01", "close": 13.835292, "volume": 4757, "typical_volume": 5356.55, "trend": 13.852809, "fair_value": 13.402232, "relative_strength": -6.74989, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.550277, "energy": 35.719974, "activity_lines": [ 13.719792, 13.790977, 13.855173, 13.882207 ] }, { "date": "2023-09-08", "close": 13.739111, "volume": 3804, "typical_volume": 4565.8, "trend": 13.863923, "fair_value": 13.414737, "relative_strength": -5.700852, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.055294, "energy": 33.811828, "activity_lines": [ 13.725793, 13.777352, 13.834662, 13.874871 ] }, { "date": "2023-09-15", "close": 13.89448, "volume": 4532, "typical_volume": 4585.1, "trend": 13.870269, "fair_value": 13.426772, "relative_strength": -6.439023, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.858922, "energy": 9.715404, "activity_lines": [ 13.785228, 13.793738, 13.831563, 13.876843 ] }, { "date": "2023-09-22", "close": 13.639231, "volume": 4596, "typical_volume": 4655.45, "trend": 13.871301, "fair_value": 13.437172, "relative_strength": -6.822711, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.968379, "energy": 22.416283, "activity_lines": [ 13.755388, 13.758939, 13.806108, 13.861937 ] }, { "date": "2023-09-29", "close": 13.452416, "volume": 166292, "typical_volume": 12766.15, "trend": 13.862731, "fair_value": 13.447652, "relative_strength": -6.681233, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.994643, "energy": 33.195999, "activity_lines": [ 13.654397, 13.693984, 13.76601, 13.834912 ] }, { "date": "2023-10-06", "close": 13.315543, "volume": 3602, "typical_volume": 12674.55, "trend": 13.857616, "fair_value": 13.456329, "relative_strength": -5.903902, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.521234, "energy": 58.156736, "activity_lines": [ 13.52221, 13.615162, 13.716789, 13.79961 ] }, { "date": "2023-10-13", "close": 13.291497, "volume": 7860, "typical_volume": 12847.7, "trend": 13.85833, "fair_value": 13.464675, "relative_strength": -7.173272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.73608, "energy": 69.156177, "activity_lines": [ 13.416656, 13.54732, 13.669875, 13.763086 ] }, { "date": "2023-10-20", "close": 12.991858, "volume": 3831, "typical_volume": 12816.4, "trend": 13.843992, "fair_value": 13.471101, "relative_strength": -6.100038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.095798, "energy": 79.806504, "activity_lines": [ 13.241065, 13.433584, 13.597774, 13.707184 ] }, { "date": "2023-10-27", "close": 12.967813, "volume": 4980, "typical_volume": 12830.35, "trend": 13.813964, "fair_value": 13.482266, "relative_strength": -5.785138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.204098, "energy": 81.993339, "activity_lines": [ 13.117633, 13.330744, 13.528171, 13.650657 ] }, { "date": "2023-11-03", "close": 13.454268, "volume": 2854, "typical_volume": 12793.6, "trend": 13.796594, "fair_value": 13.492395, "relative_strength": -6.763467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.776501, "energy": 64.447004, "activity_lines": [ 13.201114, 13.326137, 13.509074, 13.627451 ] }, { "date": "2023-11-10", "close": 13.44132, "volume": 3552, "typical_volume": 12786.0, "trend": 13.7759, "fair_value": 13.50244, "relative_strength": -6.087615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.331864, "energy": 42.808586, "activity_lines": [ 13.280155, 13.323077, 13.491183, 13.60453 ] }, { "date": "2023-11-17", "close": 13.750208, "volume": 2979, "typical_volume": 12565.75, "trend": 13.757966, "fair_value": 13.514466, "relative_strength": -6.961233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.515691, "energy": 15.856406, "activity_lines": [ 13.453774, 13.383342, 13.503926, 13.602872 ] }, { "date": "2023-11-24", "close": 13.859337, "volume": 2647, "typical_volume": 12525.55, "trend": 13.743128, "fair_value": 13.522914, "relative_strength": -5.799232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.90158, "energy": 19.627674, "activity_lines": [ 13.633188, 13.463246, 13.527472, 13.609412 ] }, { "date": "2023-12-01", "close": 13.979563, "volume": 1931, "typical_volume": 12358.75, "trend": 13.732418, "fair_value": 13.532706, "relative_strength": -6.317222, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 28.190978, "energy": 32.98969, "activity_lines": [ 13.794846, 13.565648, 13.561384, 13.624666 ] }, { "date": "2023-12-08", "close": 14.168227, "volume": 30038, "typical_volume": 13365.75, "trend": 13.728901, "fair_value": 13.543818, "relative_strength": -6.287812, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.835228, "energy": 46.670517, "activity_lines": [ 13.951942, 13.696166, 13.612641, 13.652783 ] }, { "date": "2023-12-15", "close": 14.216318, "volume": 12665, "typical_volume": 13909.0, "trend": 13.726745, "fair_value": 13.554897, "relative_strength": -5.639442, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.06573, "energy": 65.085614, "activity_lines": [ 14.077471, 13.822412, 13.667956, 13.684229 ] }, { "date": "2023-12-22", "close": 14.245913, "volume": 222, "typical_volume": 13660.4, "trend": 13.735101, "fair_value": 13.566926, "relative_strength": -5.147891, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.260256, "energy": 71.814443, "activity_lines": [ 14.161199, 13.937661, 13.72582, 13.717724 ] }, { "date": "2023-12-29", "close": 14.245913, "volume": 0, "typical_volume": 13451.35, "trend": 13.743396, "fair_value": 13.578954, "relative_strength": -4.91809, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.119693, "energy": 82.495258, "activity_lines": [ 14.211879, 14.035558, 13.781389, 13.750679 ] }, { "date": "2024-01-05", "close": 14.133083, "volume": 38, "typical_volume": 13285.45, "trend": 13.752994, "fair_value": 13.588287, "relative_strength": -5.752176, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.135483, "energy": 78.143114, "activity_lines": [ 14.199178, 14.090139, 13.824238, 13.77582 ] }, { "date": "2024-01-12", "close": 14.345792, "volume": 959, "typical_volume": 13106.95, "trend": 13.765643, "fair_value": 13.599732, "relative_strength": -4.245937, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.893192, "energy": 79.899294, "activity_lines": [ 14.247145, 14.162207, 13.88436, 13.814066 ] }, { "date": "2024-01-19", "close": 14.205219, "volume": 28047, "typical_volume": 14271.45, "trend": 13.782588, "fair_value": 13.610365, "relative_strength": -4.411574, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.531454, "energy": 67.205366, "activity_lines": [ 14.236417, 14.192508, 13.927871, 13.842425 ] }, { "date": "2024-01-26", "close": 14.404981, "volume": 192, "typical_volume": 14090.85, "trend": 13.80155, "fair_value": 13.622278, "relative_strength": -3.250464, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.780389, "energy": 69.464471, "activity_lines": [ 14.293016, 14.245239, 13.988645, 13.88258 ] }, { "date": "2024-02-02", "close": 14.303078, "volume": 136, "typical_volume": 13871.05, "trend": 13.823928, "fair_value": 13.633522, "relative_strength": -4.844303, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.269604, "energy": 76.37405, "activity_lines": [ 14.305043, 14.267538, 14.036543, 13.914936 ] }, { "date": "2024-02-09", "close": 14.225917, "volume": 139, "typical_volume": 13648.2, "trend": 13.836499, "fair_value": 13.643984, "relative_strength": -6.55953, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.571166, "energy": 65.839331, "activity_lines": [ 14.287538, 14.26774, 14.075146, 13.940871 ] }, { "date": "2024-02-16", "close": 14.190158, "volume": 209, "typical_volume": 5344.05, "trend": 13.840887, "fair_value": 13.653905, "relative_strength": -8.31801, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.861958, "energy": 57.490054, "activity_lines": [ 14.251925, 14.25696, 14.107551, 13.963688 ] }, { "date": "2024-02-23", "close": 14.440461, "volume": 410, "typical_volume": 5184.45, "trend": 13.850241, "fair_value": 13.667228, "relative_strength": -9.241177, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.458545, "energy": 63.64588, "activity_lines": [ 14.310122, 14.291292, 14.16028, 14.00237 ] }, { "date": "2024-03-01", "close": 14.3633, "volume": 274, "typical_volume": 4805.15, "trend": 13.870226, "fair_value": 13.680311, "relative_strength": -10.163898, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.856676, "energy": 57.023722, "activity_lines": [ 14.326915, 14.307519, 14.200304, 14.035471 ] }, { "date": "2024-03-08", "close": 14.53268, "volume": 86, "typical_volume": 4617.9, "trend": 13.893595, "fair_value": 13.69448, "relative_strength": -10.174769, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.142579, "energy": 71.917885, "activity_lines": [ 14.402948, 14.352408, 14.251356, 14.07821 ] }, { "date": "2024-03-15", "close": 14.527033, "volume": 430, "typical_volume": 4390.4, "trend": 13.927628, "fair_value": 13.70604, "relative_strength": -11.302012, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.723438, "energy": 81.638266, "activity_lines": [ 14.461791, 14.391056, 14.294533, 14.119076 ] }, { "date": "2024-03-22", "close": 14.579728, "volume": 185, "typical_volume": 4256.95, "trend": 13.957991, "fair_value": 13.716717, "relative_strength": -11.697136, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.800291, "energy": 83.634563, "activity_lines": [ 14.518125, 14.432123, 14.335303, 14.161147 ] }, { "date": "2024-03-29", "close": 14.754754, "volume": 305, "typical_volume": 4094.6, "trend": 13.98864, "fair_value": 13.727307, "relative_strength": -11.373083, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.398915, "energy": 87.456708, "activity_lines": [ 14.606829, 14.500759, 14.387384, 14.212551 ] }, { "date": "2024-04-05", "close": 14.754754, "volume": 0, "typical_volume": 3945.65, "trend": 14.022495, "fair_value": 13.736843, "relative_strength": -9.156701, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.866841, "energy": 87.202733, "activity_lines": [ 14.674581, 14.559403, 14.433209, 14.261978 ] }, { "date": "2024-04-12", "close": 14.754754, "volume": 0, "typical_volume": 3813.3, "trend": 14.051171, "fair_value": 13.746679, "relative_strength": -8.242614, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.957664, "energy": 87.980253, "activity_lines": [ 14.716236, 14.611689, 14.474252, 14.309221 ] }, { "date": "2024-04-19", "close": 14.432935, "volume": 95967, "typical_volume": 8515.1, "trend": 14.077627, "fair_value": 13.754452, "relative_strength": -10.338014, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.602058, "energy": 60.252016, "activity_lines": [ 14.635813, 14.597249, 14.480381, 14.333851 ] }, { "date": "2024-04-26", "close": 14.596667, "volume": 5017, "typical_volume": 7264.05, "trend": 14.115769, "fair_value": 13.762476, "relative_strength": -9.816074, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.204781, "energy": 50.36813, "activity_lines": [ 14.61624, 14.608814, 14.499944, 14.367337 ] }, { "date": "2024-05-03", "close": 14.641835, "volume": 33, "typical_volume": 6632.45, "trend": 14.159979, "fair_value": 13.769824, "relative_strength": -7.537227, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.455679, "energy": 41.080114, "activity_lines": [ 14.610594, 14.621201, 14.521769, 14.401277 ] }, { "date": "2024-05-10", "close": 15.084102, "volume": 675, "typical_volume": 6655.1, "trend": 14.219732, "fair_value": 13.78115, "relative_strength": -7.241334, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.745763, "energy": 59.659748, "activity_lines": [ 14.759898, 14.710339, 14.583689, 14.460898 ] }, { "date": "2024-05-17", "close": 15.293001, "volume": 6775, "typical_volume": 6993.85, "trend": 14.296437, "fair_value": 13.793815, "relative_strength": -7.598825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.500563, "energy": 87.742901, "activity_lines": [ 14.956879, 14.824353, 14.661512, 14.530141 ] }, { "date": "2024-05-24", "close": 15.176318, "volume": 169, "typical_volume": 7000.4, "trend": 14.370054, "fair_value": 13.80379, "relative_strength": -5.56396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.968855, "energy": 91.525809, "activity_lines": [ 15.079082, 14.903328, 14.723236, 14.586907 ] }, { "date": "2024-05-31", "close": 15.242187, "volume": 22, "typical_volume": 6953.55, "trend": 14.429651, "fair_value": 13.8141, "relative_strength": -4.861535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.608014, "energy": 91.787697, "activity_lines": [ 15.173683, 14.982474, 14.786266, 14.643174 ] }, { "date": "2024-06-07", "close": 15.296765, "volume": 32, "typical_volume": 5552.8, "trend": 14.491499, "fair_value": 13.823627, "relative_strength": -4.713875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.719561, "energy": 91.878422, "activity_lines": [ 15.243442, 15.059498, 14.850225, 14.699117 ] }, { "date": "2024-06-14", "close": 14.766046, "volume": 437, "typical_volume": 5565.05, "trend": 14.525361, "fair_value": 13.828544, "relative_strength": -2.202294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.0178, "energy": 61.717091, "activity_lines": [ 15.092633, 15.030174, 14.858442, 14.71683 ] }, { "date": "2024-06-21", "close": 14.907194, "volume": 112, "typical_volume": 5563.85, "trend": 14.560289, "fair_value": 13.834155, "relative_strength": -2.950917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.000555, "energy": 44.001392, "activity_lines": [ 15.010076, 15.026307, 14.878382, 14.741464 ] }, { "date": "2024-06-28", "close": 14.907194, "volume": 0, "typical_volume": 5556.9, "trend": 14.59121, "fair_value": 13.839854, "relative_strength": -2.332373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.477254, "energy": 30.172114, "activity_lines": [ 14.95324, 15.019669, 14.895445, 14.763845 ] }, { "date": "2024-07-05", "close": 14.903431, "volume": 261, "typical_volume": 5559.5, "trend": 14.615717, "fair_value": 13.845618, "relative_strength": -4.544663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.212262, "energy": 31.215586, "activity_lines": [ 14.913091, 15.003723, 14.908906, 14.783988 ] }, { "date": "2024-07-12", "close": 14.903431, "volume": 0, "typical_volume": 5539.0, "trend": 14.638621, "fair_value": 13.850461, "relative_strength": -5.976129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.233206, "energy": 23.7633, "activity_lines": [ 14.895526, 14.9822, 14.91897, 14.80255 ] }, { "date": "2024-07-19", "close": 14.954244, "volume": 36, "typical_volume": 5527.1, "trend": 14.662232, "fair_value": 13.854199, "relative_strength": -4.448051, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.158529, "energy": 19.679585, "activity_lines": [ 14.921121, 14.96516, 14.931669, 14.822913 ] }, { "date": "2024-07-26", "close": 15.020113, "volume": 2115, "typical_volume": 5628.55, "trend": 14.688039, "fair_value": 13.858359, "relative_strength": -2.734173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.147728, "energy": 24.978179, "activity_lines": [ 14.956126, 14.962456, 14.947827, 14.846002 ] }, { "date": "2024-08-02", "close": 14.88461, "volume": 1428, "typical_volume": 5678.45, "trend": 14.713089, "fair_value": 13.861312, "relative_strength": 1.857179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.326232, "energy": 16.05988, "activity_lines": [ 14.938435, 14.940078, 14.948759, 14.858684 ] }, { "date": "2024-08-09", "close": 14.691463, "volume": 1672, "typical_volume": 5752.8, "trend": 14.724612, "fair_value": 13.860951, "relative_strength": 1.400184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.90789, "energy": 7.536703, "activity_lines": [ 14.857868, 14.887885, 14.929594, 14.857289 ] }, { "date": "2024-08-16", "close": 15.009326, "volume": 235, "typical_volume": 5749.3, "trend": 14.751415, "fair_value": 13.862865, "relative_strength": -0.217631, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.627634, "energy": 13.212343, "activity_lines": [ 14.897385, 14.903499, 14.940168, 14.875658 ] }, { "date": "2024-08-23", "close": 15.102359, "volume": 1, "typical_volume": 5749.35, "trend": 14.774661, "fair_value": 13.866006, "relative_strength": -1.267041, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.741163, "energy": 21.775545, "activity_lines": [ 14.960855, 14.941254, 14.958391, 14.898299 ] }, { "date": "2024-08-30", "close": 15.102359, "volume": 0, "typical_volume": 5749.35, "trend": 14.801304, "fair_value": 13.86873, "relative_strength": -3.165416, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.968588, "energy": 30.245077, "activity_lines": [ 15.01445, 14.972895, 14.974959, 14.919441 ] }, { "date": "2024-09-06", "close": 15.526822, "volume": 734, "typical_volume": 987.7, "trend": 14.844667, "fair_value": 13.874841, "relative_strength": 2.880134, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 84.576925, "energy": 77.562307, "activity_lines": [ 15.204049, 15.078162, 15.030296, 14.966249 ] }, { "date": "2024-09-13", "close": 15.544267, "volume": 209, "typical_volume": 747.3, "trend": 14.889804, "fair_value": 13.882947, "relative_strength": 2.222969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.430095, "energy": 90.9845, "activity_lines": [ 15.35665, 15.175335, 15.082086, 15.011384 ] }, { "date": "2024-09-20", "close": 15.466739, "volume": 1268, "typical_volume": 809.05, "trend": 14.924014, "fair_value": 13.890218, "relative_strength": 1.211106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.998848, "energy": 88.098446, "activity_lines": [ 15.426554, 15.24676, 15.12198, 15.048606 ] }, { "date": "2024-09-27", "close": 15.718701, "volume": 196, "typical_volume": 785.1, "trend": 14.969194, "fair_value": 13.901959, "relative_strength": 0.102287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.917291, "energy": 94.409366, "activity_lines": [ 15.549951, 15.353755, 15.181942, 15.099876 ] }, { "date": "2024-10-04", "close": 15.544267, "volume": 20, "typical_volume": 447.35, "trend": 15.002913, "fair_value": 13.912682, "relative_strength": 2.400057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.36243, "energy": 85.980261, "activity_lines": [ 15.574114, 15.415135, 15.22227, 15.136977 ] }, { "date": "2024-10-11", "close": 15.544267, "volume": 0, "typical_volume": 438.9, "trend": 15.036821, "fair_value": 13.923169, "relative_strength": 0.34426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.137587, "energy": 64.389621, "activity_lines": [ 15.568817, 15.466985, 15.261401, 15.171903 ] }, { "date": "2024-10-18", "close": 15.745838, "volume": 1892, "typical_volume": 532.4, "trend": 15.075691, "fair_value": 13.934948, "relative_strength": -0.824874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.614712, "energy": 67.609242, "activity_lines": [ 15.629547, 15.543491, 15.317977, 15.217646 ] }, { "date": "2024-10-25", "close": 15.511317, "volume": 1962, "typical_volume": 628.9, "trend": 15.10091, "fair_value": 13.945223, "relative_strength": -0.976295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.71694, "energy": 54.865409, "activity_lines": [ 15.598665, 15.558186, 15.349819, 15.245751 ] }, { "date": "2024-11-01", "close": 15.37952, "volume": 20821, "typical_volume": 1648.1, "trend": 15.121736, "fair_value": 13.949375, "relative_strength": -1.426475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.247297, "energy": 39.455268, "activity_lines": [ 15.520879, 15.539791, 15.368088, 15.263726 ] }, { "date": "2024-11-08", "close": 15.088792, "volume": 821, "typical_volume": 1683.55, "trend": 15.13287, "fair_value": 13.951741, "relative_strength": -0.725647, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.841715, "energy": 15.689209, "activity_lines": [ 15.368796, 15.463497, 15.355747, 15.261601 ] }, { "date": "2024-11-15", "close": 15.034523, "volume": 75, "typical_volume": 1687.3, "trend": 15.152923, "fair_value": 13.95332, "relative_strength": -2.056808, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.975437, "energy": 25.607714, "activity_lines": [ 15.228988, 15.377582, 15.337373, 15.255256 ] }, { "date": "2024-11-22", "close": 15.034523, "volume": 0, "typical_volume": 1674.25, "trend": 15.167518, "fair_value": 13.957098, "relative_strength": 0.075758, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.576032, "energy": 42.6707, "activity_lines": [ 15.123163, 15.300618, 15.318392, 15.247617 ] }, { "date": "2024-11-29", "close": 15.125618, "volume": 401, "typical_volume": 1694.3, "trend": 15.183645, "fair_value": 13.962543, "relative_strength": 0.985723, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.027778, "energy": 39.720614, "activity_lines": [ 15.095124, 15.249486, 15.307463, 15.244914 ] }, { "date": "2024-12-06", "close": 15.222528, "volume": 1107, "typical_volume": 1747.85, "trend": 15.188259, "fair_value": 13.966173, "relative_strength": -2.154423, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.800542, "energy": 41.124091, "activity_lines": [ 15.125101, 15.222175, 15.304705, 15.247422 ] }, { "date": "2024-12-13", "close": 15.270982, "volume": 2227, "typical_volume": 1753.45, "trend": 15.187525, "fair_value": 13.970181, "relative_strength": -2.10646, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.026046, "energy": 23.192996, "activity_lines": [ 15.181696, 15.212695, 15.305285, 15.252759 ] }, { "date": "2024-12-20", "close": 14.867839, "volume": 204, "typical_volume": 1692.25, "trend": 15.177242, "fair_value": 13.971492, "relative_strength": -1.397879, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -41.581823, "energy": 32.898395, "activity_lines": [ 15.091764, 15.134886, 15.266275, 15.232134 ] }, { "date": "2024-12-27", "close": 14.966686, "volume": 2851, "typical_volume": 1751.2, "trend": 15.168059, "fair_value": 13.971327, "relative_strength": -1.757897, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.955812, "energy": 32.970195, "activity_lines": [ 15.045894, 15.087347, 15.236759, 15.21855 ] }, { "date": "2025-01-03", "close": 15.113988, "volume": 19, "typical_volume": 1740.4, "trend": 15.161966, "fair_value": 13.973821, "relative_strength": -0.603275, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.372216, "energy": 28.869807, "activity_lines": [ 15.053646, 15.080758, 15.219961, 15.215062 ] }, { "date": "2025-01-10", "close": 15.106236, "volume": 4299, "typical_volume": 1955.3, "trend": 15.173306, "fair_value": 13.976266, "relative_strength": -3.209474, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.406075, "energy": 37.038185, "activity_lines": [ 15.05959, 15.079982, 15.201927, 15.211466 ] }, { "date": "2025-01-17", "close": 15.115926, "volume": 3, "typical_volume": 1955.45, "trend": 15.180264, "fair_value": 13.980397, "relative_strength": -6.080892, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.188945, "energy": 23.175652, "activity_lines": [ 15.076517, 15.085938, 15.184797, 15.207764 ] }, { "date": "2025-01-24", "close": 15.340756, "volume": 3500, "typical_volume": 2093.75, "trend": 15.194716, "fair_value": 13.988112, "relative_strength": -4.298497, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 12.521875, "energy": 14.775626, "activity_lines": [ 15.178724, 15.132278, 15.189015, 15.218119 ] }, { "date": "2025-01-31", "close": 15.614041, "volume": 672, "typical_volume": 2116.9, "trend": 15.218403, "fair_value": 13.996789, "relative_strength": -3.159626, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.273459, "energy": 47.891861, "activity_lines": [ 15.340498, 15.222738, 15.220146, 15.245172 ] }, { "date": "2025-02-07", "close": 15.615092, "volume": 1, "typical_volume": 2053.55, "trend": 15.242125, "fair_value": 14.007523, "relative_strength": -4.53318, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.274161, "energy": 76.872104, "activity_lines": [ 15.459465, 15.302853, 15.251045, 15.270765 ] }, { "date": "2025-02-14", "close": 15.615092, "volume": 0, "typical_volume": 2043.75, "trend": 15.264153, "fair_value": 14.018461, "relative_strength": -6.704415, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.118473, "energy": 83.981765, "activity_lines": [ 15.545026, 15.374069, 15.281237, 15.294827 ] }, { "date": "2025-02-21", "close": 15.897975, "volume": 332, "typical_volume": 2059.35, "trend": 15.293415, "fair_value": 14.033522, "relative_strength": -5.995406, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.99204, "energy": 93.587617, "activity_lines": [ 15.690957, 15.48958, 15.338864, 15.335719 ] }, { "date": "2025-02-28", "close": 16.196465, "volume": 95, "typical_volume": 2064.1, "trend": 15.337144, "fair_value": 14.050758, "relative_strength": -4.738919, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.905413, "energy": 97.92618, "activity_lines": [ 15.884248, 15.647962, 15.423234, 15.39398 ] }, { "date": "2025-03-07", "close": 16.344734, "volume": 844, "typical_volume": 2011.7, "trend": 15.392253, "fair_value": 14.068944, "relative_strength": -3.663804, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.684817, "energy": 97.821993, "activity_lines": [ 16.069915, 15.809145, 15.51862, 15.458986 ] }, { "date": "2025-03-14", "close": 16.190611, "volume": 1422, "typical_volume": 1984.7, "trend": 15.431629, "fair_value": 14.085304, "relative_strength": -4.687027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.211573, "energy": 90.653969, "activity_lines": [ 16.155495, 15.917251, 15.596475, 15.510493 ] }, { "date": "2025-03-21", "close": 16.383751, "volume": 1817, "typical_volume": 1034.5, "trend": 15.474342, "fair_value": 14.102901, "relative_strength": -4.471284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.776483, "energy": 94.53673, "activity_lines": [ 16.267087, 16.040898, 15.68949, 15.57192 ] }, { "date": "2025-03-28", "close": 16.463739, "volume": 17, "typical_volume": 994.3, "trend": 15.519721, "fair_value": 14.11963, "relative_strength": -3.270602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.91592, "energy": 94.082796, "activity_lines": [ 16.354098, 16.15586, 15.78534, 15.635752 ] }, { "date": "2025-04-04", "close": 16.444229, "volume": 296, "typical_volume": 1005.35, "trend": 15.550301, "fair_value": 14.135645, "relative_strength": 7.826844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.479649, "energy": 90.512902, "activity_lines": [ 16.396887, 16.24277, 15.872785, 15.695398 ] }, { "date": "2025-04-11", "close": 15.611191, "volume": 8359, "typical_volume": 1423.3, "trend": 15.552532, "fair_value": 14.145708, "relative_strength": 4.133544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.648068, "energy": 49.27496, "activity_lines": [ 16.14548, 16.158155, 15.874181, 15.699326 ] }, { "date": "2025-04-18", "close": 16.284256, "volume": 9124, "typical_volume": 1859.45, "trend": 15.579783, "fair_value": 14.160969, "relative_strength": 2.608663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.694383, "energy": 45.203637, "activity_lines": [ 16.167331, 16.195968, 15.936931, 15.746534 ] }, { "date": "2025-04-25", "close": 16.602255, "volume": 1554, "typical_volume": 1881.8, "trend": 15.609235, "fair_value": 14.178926, "relative_strength": 0.700055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.22516, "energy": 53.27912, "activity_lines": [ 16.288938, 16.279431, 16.02445, 15.8125 ] }, { "date": "2025-05-02", "close": 17.049013, "volume": 652, "typical_volume": 1803.05, "trend": 15.659393, "fair_value": 14.200618, "relative_strength": 0.724419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.859202, "energy": 66.212316, "activity_lines": [ 16.544898, 16.426175, 16.147948, 15.905389 ] }, { "date": "2025-05-09", "close": 17.115343, "volume": 2508, "typical_volume": 1918.25, "trend": 15.711762, "fair_value": 14.223438, "relative_strength": -1.557755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.621825, "energy": 92.760667, "activity_lines": [ 16.783949, 16.564052, 16.269295, 15.999321 ] }, { "date": "2025-05-16", "close": 17.191429, "volume": 16, "typical_volume": 1776.5, "trend": 15.759948, "fair_value": 14.246361, "relative_strength": -4.209587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.503871, "energy": 92.35113, "activity_lines": [ 17.003621, 16.699055, 16.387186, 16.094784 ] }, { "date": "2025-05-23", "close": 17.525034, "volume": 8771, "typical_volume": 2214.1, "trend": 15.827072, "fair_value": 14.271422, "relative_strength": 0.553414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.470064, "energy": 95.916416, "activity_lines": [ 17.229146, 16.879319, 16.526256, 16.20866 ] }, { "date": "2025-05-30", "close": 17.460655, "volume": 4945, "typical_volume": 2246.4, "trend": 15.896443, "fair_value": 14.296478, "relative_strength": -1.318228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.898214, "energy": 92.210967, "activity_lines": [ 17.350493, 17.023615, 16.647713, 16.314053 ] }, { "date": "2025-06-06", "close": 17.452852, "volume": 628, "typical_volume": 2277.65, "trend": 15.975245, "fair_value": 14.322515, "relative_strength": -2.564701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.175838, "energy": 89.361713, "activity_lines": [ 17.412012, 17.146913, 16.757215, 16.414466 ] }, { "date": "2025-06-13", "close": 17.195332, "volume": 168, "typical_volume": 2111.05, "trend": 16.047272, "fair_value": 14.351861, "relative_strength": -1.102365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.906153, "energy": 69.633228, "activity_lines": [ 17.360769, 17.205405, 16.831063, 16.493182 ] }, { "date": "2025-06-20", "close": 17.19338, "volume": 463, "typical_volume": 2100.6, "trend": 16.119234, "fair_value": 14.381196, "relative_strength": -0.549034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.503273, "energy": 64.45155, "activity_lines": [ 17.303542, 17.249886, 16.895894, 16.567124 ] }, { "date": "2025-06-27", "close": 17.19338, "volume": 0, "typical_volume": 2100.55, "trend": 16.18816, "fair_value": 14.40925, "relative_strength": -1.754841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.123198, "energy": 56.165697, "activity_lines": [ 17.246185, 17.265599, 16.953204, 16.636424 ] }, { "date": "2025-07-04", "close": 17.208988, "volume": 1, "typical_volume": 2100.6, "trend": 16.254375, "fair_value": 14.435876, "relative_strength": -1.349908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.86717, "energy": 48.094336, "activity_lines": [ 17.216141, 17.267621, 17.004486, 16.702284 ] }, { "date": "2025-07-11", "close": 17.158264, "volume": 615, "typical_volume": 2114.75, "trend": 16.317284, "fair_value": 14.462754, "relative_strength": -2.74769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.335423, "energy": 50.05661, "activity_lines": [ 17.185967, 17.249389, 17.043346, 16.760599 ] }, { "date": "2025-07-18", "close": 17.218742, "volume": 3912, "typical_volume": 2305.6, "trend": 16.395648, "fair_value": 14.488343, "relative_strength": -2.929361, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 47.643715, "energy": 57.688961, "activity_lines": [ 17.195591, 17.240167, 17.081965, 16.818758 ] }, { "date": "2025-07-25", "close": 17.2363, "volume": 1316, "typical_volume": 2329.2, "trend": 16.471302, "fair_value": 14.512244, "relative_strength": -3.729808, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.683825, "energy": 69.051947, "activity_lines": [ 17.209508, 17.232257, 17.117388, 16.872993 ] }, { "date": "2025-08-01", "close": 16.879999, "volume": 1228, "typical_volume": 2319.5, "trend": 16.530169, "fair_value": 14.534627, "relative_strength": -3.693637, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.350277, "energy": 34.60542, "activity_lines": [ 17.101796, 17.158749, 17.114632, 16.899361 ] }, { "date": "2025-08-08", "close": 17.17, "volume": 3908, "typical_volume": 2424.05, "trend": 16.598961, "fair_value": 14.558002, "relative_strength": -5.78984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.049425, "energy": 32.028498, "activity_lines": [ 17.111643, 17.149696, 17.136212, 16.94064 ] }, { "date": "2025-08-15", "close": 17.285999, "volume": 1699, "typical_volume": 2508.15, "trend": 16.671297, "fair_value": 14.582364, "relative_strength": -7.244069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.553981, "energy": 37.813778, "activity_lines": [ 17.162756, 17.167019, 17.165096, 16.984965 ] }, { "date": "2025-08-22", "close": 17.544001, "volume": 47, "typical_volume": 2495.7, "trend": 16.744738, "fair_value": 14.611232, "relative_strength": -7.10676, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 85.709652, "energy": 60.697379, "activity_lines": [ 17.291353, 17.234285, 17.214636, 17.041269 ] }, { "date": "2025-08-29", "close": 17.077999, "volume": 1446, "typical_volume": 2150.05, "trend": 16.793537, "fair_value": 14.638671, "relative_strength": -7.044897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.662665, "energy": 41.435031, "activity_lines": [ 17.242933, 17.210484, 17.214557, 17.062769 ] }, { "date": "2025-09-05", "close": 16.882, "volume": 2015, "typical_volume": 1794.6, "trend": 16.835767, "fair_value": 14.664635, "relative_strength": -6.562831, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 4.903359, "energy": 15.809287, "activity_lines": [ 17.139733, 17.153144, 17.188828, 17.068477 ] }, { "date": "2025-09-12", "close": 16.882, "volume": 0, "typical_volume": 1716.9, "trend": 16.877997, "fair_value": 14.689236, "relative_strength": -8.396133, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -6.987237, "energy": 13.96164, "activity_lines": [ 17.0364, 17.101466, 17.160252, 17.07146 ] }, { "date": "2025-09-19", "close": 16.996, "volume": 232, "typical_volume": 1695.9, "trend": 16.914598, "fair_value": 14.721728, "relative_strength": -6.990825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.462968, "energy": 24.542675, "activity_lines": [ 16.990267, 17.076461, 17.141201, 17.079073 ] }, { "date": "2025-09-26", "close": 16.924, "volume": 2225, "typical_volume": 1681.75, "trend": 16.938849, "fair_value": 14.754543, "relative_strength": -7.881356, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.231845, "energy": 26.128508, "activity_lines": [ 16.939467, 17.041314, 17.115545, 17.079679 ] }, { "date": "2025-10-03", "close": 17.18, "volume": 1, "typical_volume": 1681.0, "trend": 16.966691, "fair_value": 14.789484, "relative_strength": -7.540327, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.763272, "energy": 17.343925, "activity_lines": [ 17.015333, 17.058073, 17.115181, 17.095237 ] }, { "date": "2025-10-10", "close": 17.15, "volume": 207, "typical_volume": 1252.8, "trend": 16.998671, "fair_value": 14.824117, "relative_strength": -4.853153, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.706592, "energy": 11.183, "activity_lines": [ 17.0744, 17.0704, 17.112015, 17.107064 ] }, { "date": "2025-10-17", "close": 17.417999, "volume": 4457, "typical_volume": 1228.4, "trend": 17.033146, "fair_value": 14.860515, "relative_strength": -2.563398, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.382845, "energy": 31.806201, "activity_lines": [ 17.204933, 17.126545, 17.136158, 17.134117 ] }, { "date": "2025-10-24", "close": 17.563999, "volume": 57, "typical_volume": 1199.85, "trend": 17.069821, "fair_value": 14.894465, "relative_strength": -3.290729, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.486462, "energy": 50.728879, "activity_lines": [ 17.348399, 17.204727, 17.17441, 17.168366 ] }, { "date": "2025-10-31", "close": 17.284, "volume": 1052, "typical_volume": 1244.05, "trend": 17.097814, "fair_value": 14.926043, "relative_strength": -6.166594, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.71239, "energy": 58.075167, "activity_lines": [ 17.360666, 17.226945, 17.185465, 17.182184 ] }, { "date": "2025-11-07", "close": 17.188, "volume": 1167, "typical_volume": 1279.25, "trend": 17.150374, "fair_value": 14.953263, "relative_strength": -5.935211, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.315833, "energy": 53.238734, "activity_lines": [ 17.316933, 17.236436, 17.186955, 17.188002 ] }, { "date": "2025-11-14", "close": 17.294001, "volume": 2139, "typical_volume": 1386.2, "trend": 17.184032, "fair_value": 14.981268, "relative_strength": -7.477186, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.430339, "energy": 41.888853, "activity_lines": [ 17.308, 17.2632, 17.198566, 17.197268 ] }, { "date": "2025-11-21", "close": 17.275999, "volume": 2, "typical_volume": 1386.25, "trend": 17.20649, "fair_value": 15.008048, "relative_strength": -4.495763, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.425345, "energy": 13.269109, "activity_lines": [ 17.283467, 17.2792, 17.207984, 17.203202 ] }, { "date": "2025-11-28", "close": 17.275999, "volume": 0, "typical_volume": 1355.5, "trend": 17.214056, "fair_value": 15.034574, "relative_strength": -5.795093, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.558979, "energy": 8.488773, "activity_lines": [ 17.2684, 17.288036, 17.217082, 17.207686 ] }, { "date": "2025-12-05", "close": 17.233999, "volume": 81, "typical_volume": 1163.95, "trend": 17.218012, "fair_value": 15.061697, "relative_strength": -6.012229, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.990532, "energy": 8.743546, "activity_lines": [ 17.258533, 17.284145, 17.22162, 17.208973 ] }, { "date": "2025-12-12", "close": 17.15, "volume": 186, "typical_volume": 1107.45, "trend": 17.216631, "fair_value": 15.090684, "relative_strength": -6.458757, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.961932, "energy": 7.873308, "activity_lines": [ 17.223999, 17.259345, 17.218085, 17.204585 ] }, { "date": "2025-12-19", "close": 17.414, "volume": 3120, "typical_volume": 1202.05, "trend": 17.21293, "fair_value": 15.120913, "relative_strength": -7.442215, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.430643, "energy": 23.28669, "activity_lines": [ 17.28, 17.283091, 17.240104, 17.217318 ] }, { "date": "2025-12-26", "close": 17.414, "volume": 0, "typical_volume": 1006.65, "trend": 17.211374, "fair_value": 15.151892, "relative_strength": -6.925638, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.166534, "energy": 38.596754, "activity_lines": [ 17.328, 17.302036, 17.259581, 17.230291 ] }, { "date": "2026-01-02", "close": 17.554001, "volume": 2293, "typical_volume": 1036.35, "trend": 17.214746, "fair_value": 15.180916, "relative_strength": -7.525952, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.852057, "energy": 68.797921, "activity_lines": [ 17.413467, 17.346509, 17.291228, 17.252396 ] }, { "date": "2026-01-09", "close": 17.554001, "volume": 81, "typical_volume": 1038.05, "trend": 17.226702, "fair_value": 15.207585, "relative_strength": -8.026987, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.068678, "energy": 78.056656, "activity_lines": [ 17.480401, 17.391164, 17.3216, 17.274283 ] }, { "date": "2026-01-16", "close": 17.674, "volume": 4224, "typical_volume": 1176.95, "trend": 17.242722, "fair_value": 15.235103, "relative_strength": -7.430313, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.583869, "energy": 87.333776, "activity_lines": [ 17.566, 17.452727, 17.363352, 17.303141 ] }, { "date": "2026-01-23", "close": 17.389999, "volume": 623, "typical_volume": 1107.35, "trend": 17.249276, "fair_value": 15.260859, "relative_strength": -6.79694, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.14985, "energy": 73.523304, "activity_lines": [ 17.522, 17.453818, 17.375219, 17.312643 ] }, { "date": "2026-01-30", "close": 17.389999, "volume": 0, "typical_volume": 1107.35, "trend": 17.25531, "fair_value": 15.284916, "relative_strength": -8.023654, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.457542, "energy": 52.373328, "activity_lines": [ 17.4796, 17.453163, 17.384666, 17.321722 ] }, { "date": "2026-02-06", "close": 18.322001, "volume": 36, "typical_volume": 1097.55, "trend": 17.294101, "fair_value": 15.31643, "relative_strength": -3.735408, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.294933, "energy": 87.642302, "activity_lines": [ 17.749467, 17.619891, 17.480457, 17.39054 ] }, { "date": "2026-02-13", "close": 18.322001, "volume": 0, "typical_volume": 986.3, "trend": 17.330877, "fair_value": 15.346032, "relative_strength": -2.754901, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.439477, "energy": 96.466194, "activity_lines": [ 17.968134, 17.7676, 17.569933, 17.456857 ] }, { "date": "2026-02-20", "close": 18.747999, "volume": 18, "typical_volume": 987.15, "trend": 17.381266, "fair_value": 15.378979, "relative_strength": -2.678198, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.689307, "energy": 98.252994, "activity_lines": [ 18.2776, 17.972982, 17.693324, 17.548284 ] }, { "date": "2026-02-27", "close": 19.156, "volume": 1058, "typical_volume": 1029.7, "trend": 17.457133, "fair_value": 15.413893, "relative_strength": -2.052449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.426878, "energy": 98.354546, "activity_lines": [ 18.651467, 18.223491, 17.848105, 17.662783 ] }, { "date": "2026-03-06", "close": 19.09, "volume": 1, "typical_volume": 806.9, "trend": 17.521133, "fair_value": 15.449925, "relative_strength": 4.327747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.918617, "energy": 95.389166, "activity_lines": [ 18.8856, 18.430327, 17.987048, 17.768129 ] }, { "date": "2026-03-13", "close": 18.32, "volume": 1951, "typical_volume": 901.6, "trend": 17.5556, "fair_value": 15.482296, "relative_strength": -0.227807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.396161, "energy": 78.128262, "activity_lines": [ 18.749733, 18.466691, 18.044695, 17.819669 ] }, { "date": "2026-03-20", "close": 17.882, "volume": 542, "typical_volume": 876.1, "trend": 17.566867, "fair_value": 15.510886, "relative_strength": 0.752853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.293704, "energy": 62.975738, "activity_lines": [ 18.468, 18.409491, 18.057029, 17.840727 ] }, { "date": "2026-03-27", "close": 17.917999, "volume": 829, "typical_volume": 859.2, "trend": 17.594867, "fair_value": 15.536843, "relative_strength": -0.241136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.444004, "energy": 31.804853, "activity_lines": [ 18.2276, 18.352873, 18.069943, 17.863381 ] }, { "date": "2026-04-03", "close": 18.496, "volume": 173, "typical_volume": 760.9, "trend": 17.648667, "fair_value": 15.565822, "relative_strength": -1.776686, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.742917, "energy": 35.220865, "activity_lines": [ 18.2352, 18.396909, 18.134428, 17.921518 ] }, { "date": "2026-04-10", "close": 18.902, "volume": 732, "typical_volume": 797.4, "trend": 17.716, "fair_value": 15.596846, "relative_strength": -3.526133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.338095, "energy": 35.460002, "activity_lines": [ 18.422133, 18.494654, 18.231857, 18.002378 ] }, { "date": "2026-04-17", "close": 18.872, "volume": 932, "typical_volume": 844.0, "trend": 17.778533, "fair_value": 15.62623, "relative_strength": -5.870569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.424528, "energy": 52.93549, "activity_lines": [ 18.6116, 18.559454, 18.318686, 18.076959 ] }, { "date": "2026-04-24", "close": 18.872, "volume": 0, "typical_volume": 839.95, "trend": 17.843467, "fair_value": 15.655508, "relative_strength": -3.254618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.466155, "energy": 71.435007, "activity_lines": [ 18.764267, 18.614254, 18.397914, 18.147505 ] }, { "date": "2026-05-01", "close": 18.716, "volume": 528, "typical_volume": 857.05, "trend": 17.894667, "fair_value": 15.683811, "relative_strength": -4.97367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.475103, "energy": 68.482586, "activity_lines": [ 18.798933, 18.630691, 18.454486, 18.203798 ] }, { "date": "2026-05-08", "close": 18.658001, "volume": 1730, "typical_volume": 787.55, "trend": 17.944933, "fair_value": 15.711915, "relative_strength": -7.028525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.234626, "energy": 64.690652, "activity_lines": [ 18.761067, 18.637164, 18.498076, 18.253045 ] }, { "date": "2026-05-15", "close": 18.393999, "volume": 13, "typical_volume": 788.2, "trend": 17.977467, "fair_value": 15.73828, "relative_strength": -7.80879, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.220074, "energy": 37.60312, "activity_lines": [ 18.6244, 18.604691, 18.5106, 18.282017 ] }, { "date": "2026-05-22", "close": 18.598, "volume": 527, "typical_volume": 699.9, "trend": 18.011933, "fair_value": 15.767785, "relative_strength": -7.22995, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.948017, "energy": 25.808023, "activity_lines": [ 18.5896, 18.621964, 18.537886, 18.322052 ] }, { "date": "2026-05-29", "close": 18.66, "volume": 542, "typical_volume": 722.95, "trend": 18.0578, "fair_value": 15.797676, "relative_strength": -7.624311, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.983832, "energy": 24.32077, "activity_lines": [ 18.593733, 18.645455, 18.566105, 18.363862 ] }, { "date": "2026-06-05", "close": 18.476, "volume": 1, "typical_volume": 511.8, "trend": 18.100733, "fair_value": 15.827361, "relative_strength": -8.01031, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.968293, "energy": 18.883274, "activity_lines": [ 18.550667, 18.621345, 18.571533, 18.390843 ] }, { "date": "2026-06-12", "close": 18.476, "volume": 0, "typical_volume": 480.65, "trend": 18.140133, "fair_value": 15.856269, "relative_strength": -10.545565, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.130167, "energy": 20.977607, "activity_lines": [ 18.5236, 18.587091, 18.573143, 18.415054 ] }, { "date": "2026-06-19", "close": 19.094, "volume": 0, "typical_volume": 480.65, "trend": 18.200733, "fair_value": 15.890866, "relative_strength": -9.584751, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.619089, "energy": 46.799588, "activity_lines": [ 18.714667, 18.665564, 18.628438, 18.476594 ] }, { "date": "2026-06-26", "close": 19.354, "volume": 0, "typical_volume": 478.85, "trend": 18.27, "fair_value": 15.926237, "relative_strength": -5.270684, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.157163, "energy": 81.379489, "activity_lines": [ 18.945733, 18.787818, 18.700381, 18.550998 ] }, { "date": "2026-07-03", "close": 19.662001, "volume": 2053, "typical_volume": 581.5, "trend": 18.350933, "fair_value": 15.964892, "relative_strength": -6.31393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.863138, "energy": 96.914305, "activity_lines": [ 19.229067, 18.957309, 18.796743, 18.640804 ] }, { "date": "2026-07-10", "close": 19.455999, "volume": 530, "typical_volume": 607.1, "trend": 18.4278, "fair_value": 16.000836, "relative_strength": -6.670793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.759826, "energy": 91.301544, "activity_lines": [ 19.376933, 19.074982, 18.867105, 18.712099 ] }, { "date": "2026-07-17", "close": 19.556, "volume": 292, "typical_volume": 568.8, "trend": 18.4992, "fair_value": 16.036076, "relative_strength": -4.635173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.457861, "energy": 91.192506, "activity_lines": [ 19.4928, 19.197382, 18.943619, 18.784886 ] }, { "date": "2026-07-24", "close": 19.662001, "volume": 3019, "typical_volume": 719.7, "trend": 18.574133, "fair_value": 16.071347, "relative_strength": -3.765735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.93393, "energy": 92.146638, "activity_lines": [ 19.572, 19.322727, 19.028324, 18.859905 ] }, { "date": "2026-07-31", "close": 19.662001, "volume": 0, "typical_volume": 622.15, "trend": 18.6444, "fair_value": 16.109156, "relative_strength": -4.236479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.003448, "energy": 87.702921, "activity_lines": [ 19.613334, 19.425019, 19.110305, 18.93009 ] }, { "date": "2026-08-07", "close": 19.938, "volume": 4825, "typical_volume": 836.3, "trend": 18.723867, "fair_value": 16.1483, "relative_strength": -5.492524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.776524, "energy": 86.837878, "activity_lines": [ 19.726134, 19.558146, 19.212181, 19.013548 ] } ], "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." } } }