{ "ticker": { "uuid": "186354af-2340-4ab3-9e1a-4518bc0f71ef", "symbol": "CD9", "name": "Amundi Index Solutions - Amundi MSCI Europe High Dividend Factor UCITS ETF-C", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": 70.446, "architecture_energy": 83.555, "architecture_maturity": 36.444, "architecture_confidence": 79.937, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 2.08, "rotation_up": 81.15, "upward_expansion": 97.95, "deceleration": 39.45, "rotation_down": 9.84, "downward_expansion": 19.95 }, "activity_lines": [ 246.04333, 243.320907, 239.358332, 236.920322 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 246.449997, "trend_reference": 233.48, "distance_from_trend": 0.055551, "trend_direction": "Improving", "fair_value": 195.018846, "distance_from_fair_value": 0.263724, "fair_value_direction": "Improving", "relative_strength": 2.858117, "relative_strength_direction": "Weakening", "price_momentum": 0.072221, "excess_performance": 0.01891, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055551, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037912, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.263724, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.040497, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.028581, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.02662, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.072221, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.905047, "read": "Demand-led" } ], "volume": { "latest": 4617, "relative_activity": 0.757096, "balance": 2.905047, "dry_up": 2.305192, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.018634, "annualized_volatility": 0.117434, "from_high_reference": -0.018714, "from_low_reference": 0.21824 }, "levels": { "trend_reference": 233.48, "fair_value_reference": 195.018846, "structural_low": 219.399994, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 45, "median_return": 0.006131, "positive_rate": 0.644444, "directional_follow_through": 0.644444, "median_excess_return": 0.012759, "regime_survival": 0.733333, "best_return": 0.078233, "worst_return": -0.060313, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.016578, "positive_rate": 0.933333, "directional_follow_through": 0.933333, "median_excess_return": 0.037602, "regime_survival": 0.533333, "best_return": 0.07896, "worst_return": -0.022434, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.072221, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.01891, "regime_survival": 0.666667, "best_return": 0.114424, "worst_return": -0.033772, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.117193, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.122626, "regime_survival": 0.5, "best_return": 0.168887, "worst_return": 0.044575, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-01", "tenure": "New", "return": 0.020423, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-06-28", "tenure": "Established", "return": 0.053176, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.020815, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-01", "tenure": "Established", "return": 0.026444, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-12-20", "tenure": "Developing", "return": -0.010795, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": 0.059569, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.037327, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.044623, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.024498, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-09-19", "tenure": "Established", "return": 0.00469, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.030807, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-03-27", "tenure": "Established", "return": 0.092334, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.003214, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.058861, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 152.539993, "volume": 1148, "typical_volume": 2178.9, "trend": 154.303999, "fair_value": 139.461153, "relative_strength": -1.82262, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.44311, "energy": 9.848971, "activity_lines": [ 155.462664, 155.658543, 155.568855, 155.061417 ] }, { "date": "2023-08-25", "close": 153.699997, "volume": 1223, "typical_volume": 2216.15, "trend": 154.341332, "fair_value": 139.729101, "relative_strength": -1.817972, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.186385, "energy": 13.013113, "activity_lines": [ 154.462664, 155.316361, 155.381617, 155.02245 ] }, { "date": "2023-09-01", "close": 155.740005, "volume": 346, "typical_volume": 1822.05, "trend": 154.451999, "fair_value": 140.023973, "relative_strength": -1.30013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.950998, "energy": 18.906019, "activity_lines": [ 154.474666, 155.414908, 155.396665, 155.112687 ] }, { "date": "2023-09-08", "close": 155.580002, "volume": 2814, "typical_volume": 1838.35, "trend": 154.560665, "fair_value": 140.302178, "relative_strength": -0.514536, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.540159, "energy": 16.051352, "activity_lines": [ 154.797334, 155.42909, 155.401427, 155.185461 ] }, { "date": "2023-09-15", "close": 160.699997, "volume": 2184, "typical_volume": 1881.6, "trend": 154.769999, "fair_value": 140.614486, "relative_strength": 0.939337, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.620847, "energy": 36.476861, "activity_lines": [ 156.865333, 156.365454, 155.897427, 155.581547 ] }, { "date": "2023-09-22", "close": 159.820007, "volume": 1086, "typical_volume": 1875.15, "trend": 155.037332, "fair_value": 140.949742, "relative_strength": 3.181341, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.064091, "energy": 53.052497, "activity_lines": [ 158.254669, 156.972001, 156.291333, 155.907354 ] }, { "date": "2023-09-29", "close": 157.899994, "volume": 1400, "typical_volume": 1825.7, "trend": 155.143999, "fair_value": 141.256666, "relative_strength": 2.718828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.189456, "energy": 51.112031, "activity_lines": [ 158.518667, 157.153091, 156.482761, 156.092042 ] }, { "date": "2023-10-06", "close": 155.600006, "volume": 3711, "typical_volume": 1756.7, "trend": 155.267999, "fair_value": 141.533973, "relative_strength": 2.346713, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.012361, "energy": 41.645739, "activity_lines": [ 157.736002, 156.930183, 156.448857, 156.121461 ] }, { "date": "2023-10-13", "close": 157.740005, "volume": 4895, "typical_volume": 1641.7, "trend": 155.676666, "fair_value": 141.834486, "relative_strength": 4.583283, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.521295, "energy": 27.143185, "activity_lines": [ 157.676003, 157.198183, 156.623429, 156.280946 ] }, { "date": "2023-10-20", "close": 152.880005, "volume": 880, "typical_volume": 1569.85, "trend": 155.860666, "fair_value": 142.11282, "relative_strength": 4.150352, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.825467, "energy": 9.021479, "activity_lines": [ 155.852004, 156.553821, 156.315144, 156.100516 ] }, { "date": "2023-10-27", "close": 152.839996, "volume": 2526, "typical_volume": 1652.2, "trend": 155.860666, "fair_value": 142.430768, "relative_strength": 4.420545, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.287717, "energy": 20.308195, "activity_lines": [ 154.536001, 155.939274, 156.013715, 155.905634 ] }, { "date": "2023-11-03", "close": 156.320007, "volume": 547, "typical_volume": 1574.7, "trend": 155.891999, "fair_value": 142.732435, "relative_strength": 2.973981, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.442583, "energy": 13.418787, "activity_lines": [ 154.845337, 155.952003, 156.052192, 155.935269 ] }, { "date": "2023-11-10", "close": 154.860001, "volume": 986, "typical_volume": 1595.25, "trend": 155.827999, "fair_value": 142.97064, "relative_strength": 2.053102, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.398287, "energy": 16.10698, "activity_lines": [ 154.773336, 155.651639, 155.95743, 155.868688 ] }, { "date": "2023-11-17", "close": 159.059998, "volume": 1861, "typical_volume": 1615.6, "trend": 155.918666, "fair_value": 143.225255, "relative_strength": 2.093482, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.674098, "energy": 16.085886, "activity_lines": [ 156.150667, 156.130911, 156.252382, 156.077205 ] }, { "date": "2023-11-24", "close": 160.740005, "volume": 781, "typical_volume": 1610.4, "trend": 156.048, "fair_value": 143.480768, "relative_strength": 2.360347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.798294, "energy": 37.699281, "activity_lines": [ 158.000002, 156.852366, 156.688478, 156.388259 ] }, { "date": "2023-12-01", "close": 163.339996, "volume": 2371, "typical_volume": 1654.35, "trend": 156.302666, "fair_value": 143.758717, "relative_strength": 3.262934, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.139742, "energy": 65.620211, "activity_lines": [ 160.192, 158.045819, 157.327525, 156.85871 ] }, { "date": "2023-12-08", "close": 165.419998, "volume": 544, "typical_volume": 1631.95, "trend": 156.597333, "fair_value": 144.053204, "relative_strength": 2.108716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.698889, "energy": 79.864918, "activity_lines": [ 162.377332, 159.553455, 158.127906, 157.446925 ] }, { "date": "2023-12-15", "close": 166.259995, "volume": 2011, "typical_volume": 1695.1, "trend": 156.919999, "fair_value": 144.343204, "relative_strength": 1.725491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.836046, "energy": 85.171436, "activity_lines": [ 164.235998, 161.07709, 158.976191, 158.070323 ] }, { "date": "2023-12-22", "close": 166.600006, "volume": 3156, "typical_volume": 1795.8, "trend": 157.355333, "fair_value": 144.63423, "relative_strength": 2.368359, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.626465, "energy": 85.783257, "activity_lines": [ 165.448, 162.468728, 159.832763, 158.694839 ] }, { "date": "2023-12-29", "close": 166.380005, "volume": 382, "typical_volume": 1742.6, "trend": 157.730667, "fair_value": 144.919871, "relative_strength": 2.635239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.381183, "energy": 84.727106, "activity_lines": [ 166.084002, 163.659274, 160.618668, 159.277076 ] }, { "date": "2024-01-05", "close": 167.880005, "volume": 852, "typical_volume": 1727.8, "trend": 158.172667, "fair_value": 145.184743, "relative_strength": 5.204708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.302887, "energy": 88.039989, "activity_lines": [ 166.844003, 164.877093, 161.492859, 159.931872 ] }, { "date": "2024-01-12", "close": 166.080002, "volume": 796, "typical_volume": 1706.45, "trend": 158.457334, "fair_value": 145.443076, "relative_strength": 3.402559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.639962, "energy": 79.163768, "activity_lines": [ 166.701337, 165.494184, 162.122573, 160.442023 ] }, { "date": "2024-01-19", "close": 162.660004, "volume": 2662, "typical_volume": 1822.25, "trend": 158.789334, "fair_value": 145.682948, "relative_strength": 2.53483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.718052, "energy": 54.027618, "activity_lines": [ 165.374671, 165.312002, 162.367621, 160.713163 ] }, { "date": "2024-01-26", "close": 165.759995, "volume": 2310, "typical_volume": 1797.05, "trend": 159.144667, "fair_value": 145.969615, "relative_strength": 0.876768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.339575, "energy": 45.758857, "activity_lines": [ 165.321334, 165.551638, 162.874954, 161.162883 ] }, { "date": "2024-02-02", "close": 164.860001, "volume": 407, "typical_volume": 1708.2, "trend": 159.594667, "fair_value": 146.234102, "relative_strength": 0.824471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.509233, "energy": 36.104663, "activity_lines": [ 165.024, 165.505819, 163.248096, 161.531614 ] }, { "date": "2024-02-09", "close": 162.559998, "volume": 524, "typical_volume": 1680.1, "trend": 159.826001, "fair_value": 146.480512, "relative_strength": -1.291065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.490784, "energy": 27.122175, "activity_lines": [ 164.061333, 164.96691, 163.382382, 161.722926 ] }, { "date": "2024-02-16", "close": 165.100006, "volume": 3353, "typical_volume": 1777.75, "trend": 160.040001, "fair_value": 146.741794, "relative_strength": -1.32681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.499234, "energy": 29.354645, "activity_lines": [ 164.300001, 164.904002, 163.745525, 162.063184 ] }, { "date": "2024-02-23", "close": 166.860001, "volume": 929, "typical_volume": 1638.65, "trend": 160.228668, "fair_value": 147.028717, "relative_strength": -2.744436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.378021, "energy": 40.067112, "activity_lines": [ 165.190668, 165.166911, 164.242001, 162.503184 ] }, { "date": "2024-03-01", "close": 165.880005, "volume": 989, "typical_volume": 1443.35, "trend": 160.552668, "fair_value": 147.293461, "relative_strength": -2.906815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.10544, "energy": 40.133323, "activity_lines": [ 165.47467, 165.240729, 164.591525, 162.867787 ] }, { "date": "2024-03-08", "close": 168.119995, "volume": 246, "typical_volume": 1411.65, "trend": 160.992668, "fair_value": 147.551794, "relative_strength": -2.737928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.028114, "energy": 58.701219, "activity_lines": [ 166.497334, 165.73491, 165.11562, 163.356001 ] }, { "date": "2024-03-15", "close": 169.880005, "volume": 723, "typical_volume": 1321.5, "trend": 161.570668, "fair_value": 147.817051, "relative_strength": -3.343747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.86955, "energy": 81.458298, "activity_lines": [ 167.889335, 166.517456, 165.734763, 163.929378 ] }, { "date": "2024-03-22", "close": 171.600006, "volume": 983, "typical_volume": 1343.3, "trend": 162.167335, "fair_value": 148.085512, "relative_strength": -2.220102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.35087, "energy": 88.724908, "activity_lines": [ 169.36667, 167.576366, 166.436573, 164.576432 ] }, { "date": "2024-03-29", "close": 174.539993, "volume": 1931, "typical_volume": 1390.55, "trend": 162.794001, "fair_value": 148.36641, "relative_strength": -1.233062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.544103, "energy": 95.428162, "activity_lines": [ 171.390667, 169.069455, 167.34562, 165.374668 ] }, { "date": "2024-04-05", "close": 172.440002, "volume": 4982, "typical_volume": 1546.6, "trend": 163.356001, "fair_value": 148.622692, "relative_strength": -0.688071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.007778, "energy": 87.900643, "activity_lines": [ 172.202667, 169.964728, 167.960954, 165.99699 ] }, { "date": "2024-04-12", "close": 172.100006, "volume": 1305, "typical_volume": 1572.8, "trend": 163.736002, "fair_value": 148.870384, "relative_strength": -0.315725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.361437, "energy": 83.777184, "activity_lines": [ 172.464002, 170.676729, 168.480192, 166.56112 ] }, { "date": "2024-04-19", "close": 171.720001, "volume": 1534, "typical_volume": 1530.95, "trend": 164.132668, "fair_value": 149.126794, "relative_strength": -0.747737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.215289, "energy": 65.244055, "activity_lines": [ 172.333335, 171.188002, 168.909144, 167.076217 ] }, { "date": "2024-04-26", "close": 174.179993, "volume": 6098, "typical_volume": 1808.65, "trend": 164.675335, "fair_value": 149.402435, "relative_strength": -0.198365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.438808, "energy": 63.481895, "activity_lines": [ 172.899999, 171.98, 169.532477, 167.724431 ] }, { "date": "2024-05-03", "close": 173.100006, "volume": 2421, "typical_volume": 1829.15, "trend": 165.258668, "fair_value": 149.644102, "relative_strength": 0.739171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.137268, "energy": 54.84946, "activity_lines": [ 172.934668, 172.410547, 170.011239, 168.267958 ] }, { "date": "2024-05-10", "close": 179.440002, "volume": 381, "typical_volume": 1690.4, "trend": 165.982001, "fair_value": 149.927948, "relative_strength": 1.04114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.825551, "energy": 68.762357, "activity_lines": [ 175.178668, 173.880365, 171.061239, 169.182883 ] }, { "date": "2024-05-17", "close": 181.619995, "volume": 7432, "typical_volume": 2042.9, "trend": 166.940001, "fair_value": 150.22923, "relative_strength": 2.792942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.965625, "energy": 90.439735, "activity_lines": [ 177.682666, 175.5, 172.257715, 170.191786 ] }, { "date": "2024-05-24", "close": 179.179993, "volume": 3008, "typical_volume": 2150.7, "trend": 167.818001, "fair_value": 150.518333, "relative_strength": 2.215461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.886048, "energy": 83.269101, "activity_lines": [ 178.738664, 176.430544, 173.149238, 170.981463 ] }, { "date": "2024-05-31", "close": 178.899994, "volume": 6524, "typical_volume": 2437.1, "trend": 168.570667, "fair_value": 150.803589, "relative_strength": 3.263325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.428518, "energy": 83.205069, "activity_lines": [ 179.203996, 177.141089, 173.960285, 171.69643 ] }, { "date": "2024-06-07", "close": 180.039993, "volume": 6376, "typical_volume": 2622.8, "trend": 169.41, "fair_value": 151.08782, "relative_strength": 3.707468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.274759, "energy": 76.751961, "activity_lines": [ 179.734661, 177.926178, 174.818856, 172.436387 ] }, { "date": "2024-06-14", "close": 176.820007, "volume": 2603, "typical_volume": 2637.45, "trend": 170.002, "fair_value": 151.357307, "relative_strength": 8.404332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.679646, "energy": 54.710891, "activity_lines": [ 178.729331, 178.025816, 175.287999, 172.914451 ] }, { "date": "2024-06-21", "close": 178.460007, "volume": 17388, "typical_volume": 3486.5, "trend": 170.592667, "fair_value": 151.635128, "relative_strength": 7.415352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.512426, "energy": 47.948849, "activity_lines": [ 178.445335, 178.344, 175.860667, 173.460129 ] }, { "date": "2024-06-28", "close": 177.059998, "volume": 6938, "typical_volume": 3807.2, "trend": 171.050001, "fair_value": 151.90423, "relative_strength": 8.438335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.956429, "energy": 37.210019, "activity_lines": [ 177.905335, 178.291999, 176.235238, 173.877376 ] }, { "date": "2024-07-05", "close": 178.720001, "volume": 8586, "typical_volume": 4068.85, "trend": 171.493334, "fair_value": 152.175512, "relative_strength": 6.469159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.509503, "energy": 32.507968, "activity_lines": [ 178.060002, 178.444727, 176.698857, 174.372215 ] }, { "date": "2024-07-12", "close": 182.440002, "volume": 1853, "typical_volume": 4115.05, "trend": 172.032668, "fair_value": 152.475897, "relative_strength": 7.76158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.815313, "energy": 49.310543, "activity_lines": [ 179.466669, 179.191273, 177.451905, 175.078452 ] }, { "date": "2024-07-19", "close": 180.759995, "volume": 3328, "typical_volume": 4232.0, "trend": 172.504667, "fair_value": 152.760897, "relative_strength": 9.205674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.160829, "energy": 46.913532, "activity_lines": [ 180.153333, 179.462545, 177.970761, 175.641505 ] }, { "date": "2024-07-26", "close": 183.300003, "volume": 1937, "typical_volume": 4316.55, "trend": 173.068667, "fair_value": 153.061538, "relative_strength": 10.714818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.880527, "energy": 61.593731, "activity_lines": [ 181.424, 180.171637, 178.660666, 176.337979 ] }, { "date": "2024-08-02", "close": 179.419998, "volume": 5876, "typical_volume": 4574.2, "trend": 173.453334, "fair_value": 153.330897, "relative_strength": 12.012644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.353096, "energy": 46.798697, "activity_lines": [ 181.078666, 180.144727, 178.908761, 176.747742 ] }, { "date": "2024-08-09", "close": 178.539993, "volume": 5984, "typical_volume": 4824.25, "trend": 173.868667, "fair_value": 153.57782, "relative_strength": 10.855309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.168065, "energy": 35.628604, "activity_lines": [ 180.282664, 179.953453, 179.027618, 177.075913 ] }, { "date": "2024-08-16", "close": 182.360001, "volume": 2587, "typical_volume": 4857.05, "trend": 174.525333, "fair_value": 153.852307, "relative_strength": 10.186714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.120975, "energy": 38.154419, "activity_lines": [ 180.771998, 180.463272, 179.477237, 177.623741 ] }, { "date": "2024-08-23", "close": 185.399994, "volume": 2858, "typical_volume": 4750.85, "trend": 175.18, "fair_value": 154.151922, "relative_strength": 9.835799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.208776, "energy": 44.915509, "activity_lines": [ 182.279997, 181.483634, 180.179141, 178.325332 ] }, { "date": "2024-08-30", "close": 187.419998, "volume": 10454, "typical_volume": 5208.3, "trend": 175.932, "fair_value": 154.468845, "relative_strength": 9.942797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.144413, "energy": 60.85943, "activity_lines": [ 184.151997, 182.71527, 181.011713, 179.11501 ] }, { "date": "2024-09-06", "close": 185.419998, "volume": 3229, "typical_volume": 5293.05, "trend": 176.694, "fair_value": 154.792051, "relative_strength": 12.530326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.165676, "energy": 69.827807, "activity_lines": [ 185.082664, 183.420361, 181.580856, 179.727139 ] }, { "date": "2024-09-13", "close": 187.479996, "volume": 10151, "typical_volume": 5495.7, "trend": 177.439999, "fair_value": 155.138204, "relative_strength": 11.739232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.960965, "energy": 77.570503, "activity_lines": [ 186.299997, 184.347997, 182.280951, 180.423009 ] }, { "date": "2024-09-20", "close": 187.399994, "volume": 4329, "typical_volume": 5591.1, "trend": 178.124666, "fair_value": 155.484102, "relative_strength": 10.910012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.027768, "energy": 73.628062, "activity_lines": [ 186.894663, 185.101815, 182.910093, 181.06559 ] }, { "date": "2024-09-27", "close": 191.639999, "volume": 12455, "typical_volume": 6194.8, "trend": 178.983332, "fair_value": 155.868845, "relative_strength": 8.946561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.187066, "energy": 78.150252, "activity_lines": [ 188.566664, 186.536361, 183.87495, 181.937547 ] }, { "date": "2024-10-04", "close": 187.139999, "volume": 7005, "typical_volume": 6173.45, "trend": 179.617332, "fair_value": 156.213717, "relative_strength": 9.66191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.713283, "energy": 58.444666, "activity_lines": [ 188.322664, 186.954906, 184.353141, 182.463783 ] }, { "date": "2024-10-11", "close": 187.880005, "volume": 2939, "typical_volume": 6170.0, "trend": 180.217332, "fair_value": 156.553204, "relative_strength": 9.353833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.375491, "energy": 50.09804, "activity_lines": [ 188.344, 187.43818, 184.875522, 182.996859 ] }, { "date": "2024-10-18", "close": 189.960007, "volume": 6299, "typical_volume": 6158.75, "trend": 180.829332, "fair_value": 156.902307, "relative_strength": 9.818838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.115344, "energy": 52.650188, "activity_lines": [ 188.89467, 188.145819, 185.554571, 183.625419 ] }, { "date": "2024-10-25", "close": 188.199997, "volume": 12343, "typical_volume": 6457.1, "trend": 181.284666, "fair_value": 157.231922, "relative_strength": 10.234083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.955001, "energy": 41.830097, "activity_lines": [ 188.693335, 188.325818, 186.013332, 184.100945 ] }, { "date": "2024-11-01", "close": 185.539993, "volume": 6771, "typical_volume": 6665.5, "trend": 181.721332, "fair_value": 157.535256, "relative_strength": 9.708032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.680109, "energy": 30.426032, "activity_lines": [ 187.551999, 187.915999, 186.179903, 184.375483 ] }, { "date": "2024-11-08", "close": 183.419998, "volume": 2782, "typical_volume": 5935.2, "trend": 182.098665, "fair_value": 157.817307, "relative_strength": 9.218327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.277021, "energy": 16.148127, "activity_lines": [ 186.110665, 187.118181, 186.103046, 184.485074 ] }, { "date": "2024-11-15", "close": 183.199997, "volume": 2498, "typical_volume": 5713.2, "trend": 182.481332, "fair_value": 158.10064, "relative_strength": 9.826829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.026277, "energy": 18.446482, "activity_lines": [ 184.843997, 186.353089, 185.981617, 184.556128 ] }, { "date": "2024-11-22", "close": 185.820007, "volume": 4952, "typical_volume": 5531.5, "trend": 182.869332, "fair_value": 158.419743, "relative_strength": 11.288852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.618881, "energy": 21.075034, "activity_lines": [ 184.762667, 186.104727, 186.080475, 184.771526 ] }, { "date": "2024-11-29", "close": 185.940002, "volume": 3200, "typical_volume": 5598.85, "trend": 183.297332, "fair_value": 158.740384, "relative_strength": 11.344642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.785897, "energy": 15.044786, "activity_lines": [ 184.997335, 185.908364, 186.156952, 184.969634 ] }, { "date": "2024-12-06", "close": 186.839996, "volume": 1844, "typical_volume": 5524.65, "trend": 183.543999, "fair_value": 159.043076, "relative_strength": 8.706687, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.851081, "energy": 11.340441, "activity_lines": [ 185.682667, 185.902182, 186.302475, 185.198193 ] }, { "date": "2024-12-13", "close": 185.179993, "volume": 16550, "typical_volume": 6255.3, "trend": 183.662665, "fair_value": 159.327051, "relative_strength": 7.714487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.357895, "energy": 13.641205, "activity_lines": [ 185.727998, 185.681453, 186.260951, 185.303741 ] }, { "date": "2024-12-20", "close": 181.440002, "volume": 1684, "typical_volume": 6045.7, "trend": 183.737999, "fair_value": 159.573974, "relative_strength": 7.238445, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.615684, "energy": 10.184405, "activity_lines": [ 184.409332, 184.816363, 185.854285, 185.160343 ] }, { "date": "2024-12-27", "close": 182.979996, "volume": 375, "typical_volume": 5765.25, "trend": 183.873999, "fair_value": 159.825256, "relative_strength": 6.71047, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.374623, "energy": 25.600141, "activity_lines": [ 183.721331, 184.348362, 185.584665, 185.11144 ] }, { "date": "2025-01-03", "close": 184.600006, "volume": 3881, "typical_volume": 5829.95, "trend": 184.025999, "fair_value": 160.063333, "relative_strength": 8.492644, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.763527, "energy": 26.920952, "activity_lines": [ 183.762667, 184.301818, 185.44819, 185.158279 ] }, { "date": "2025-01-10", "close": 184.559998, "volume": 3808, "typical_volume": 5877.45, "trend": 184.283999, "fair_value": 160.284102, "relative_strength": 6.070821, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.192233, "energy": 24.56777, "activity_lines": [ 183.88, 184.313454, 185.297237, 185.19273 ] }, { "date": "2025-01-17", "close": 189.300003, "volume": 11048, "typical_volume": 5907.15, "trend": 184.645332, "fair_value": 160.541153, "relative_strength": 4.648223, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.899027, "energy": 21.223833, "activity_lines": [ 185.729335, 185.204727, 185.601714, 185.516343 ] }, { "date": "2025-01-24", "close": 189.100006, "volume": 3906, "typical_volume": 5941.0, "trend": 185.046666, "fair_value": 160.792051, "relative_strength": 1.486679, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.974758, "energy": 36.153304, "activity_lines": [ 187.237336, 185.952729, 185.878191, 185.803742 ] }, { "date": "2025-01-31", "close": 193.880005, "volume": 2964, "typical_volume": 5581.65, "trend": 185.551999, "fair_value": 161.092307, "relative_strength": 3.530491, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.782622, "energy": 72.122486, "activity_lines": [ 189.828004, 187.462547, 186.592382, 186.373635 ] }, { "date": "2025-02-07", "close": 196.639999, "volume": 12266, "typical_volume": 5978.5, "trend": 186.025333, "fair_value": 161.384487, "relative_strength": 4.412855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.557568, "energy": 86.870631, "activity_lines": [ 192.612002, 189.327638, 187.538953, 187.088989 ] }, { "date": "2025-02-14", "close": 197.380005, "volume": 6712, "typical_volume": 5691.35, "trend": 186.579333, "fair_value": 161.696923, "relative_strength": 1.933178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.086416, "energy": 92.040397, "activity_lines": [ 194.840003, 191.13273, 188.512001, 187.821549 ] }, { "date": "2025-02-21", "close": 197.679993, "volume": 3524, "typical_volume": 5517.3, "trend": 187.058666, "fair_value": 162.026538, "relative_strength": 2.115475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.496907, "energy": 92.140276, "activity_lines": [ 196.313333, 192.800728, 189.486286, 188.53772 ] }, { "date": "2025-02-28", "close": 200.399994, "volume": 5924, "typical_volume": 5666.55, "trend": 187.757999, "fair_value": 162.417051, "relative_strength": 3.74856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.604011, "energy": 93.820089, "activity_lines": [ 198.134664, 194.736, 190.669428, 189.398451 ] }, { "date": "2025-03-07", "close": 201.449997, "volume": 13921, "typical_volume": 6047.65, "trend": 188.521666, "fair_value": 162.791987, "relative_strength": 3.850239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.516893, "energy": 92.787502, "activity_lines": [ 199.552663, 196.517454, 191.892952, 190.281806 ] }, { "date": "2025-03-14", "close": 200.199997, "volume": 9390, "typical_volume": 5900.0, "trend": 189.116332, "fair_value": 163.135833, "relative_strength": 4.049317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.095298, "energy": 82.968407, "activity_lines": [ 200.04933, 197.735817, 192.942714, 191.035247 ] }, { "date": "2025-03-21", "close": 201.350006, "volume": 10303, "typical_volume": 6076.6, "trend": 189.648, "fair_value": 163.473333, "relative_strength": 4.123263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.800191, "energy": 77.153153, "activity_lines": [ 200.691999, 198.879636, 194.044857, 191.824516 ] }, { "date": "2025-03-28", "close": 201.399994, "volume": 7968, "typical_volume": 6335.9, "trend": 190.113999, "fair_value": 163.800256, "relative_strength": 5.466396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.712321, "energy": 66.894512, "activity_lines": [ 201.086665, 199.727271, 195.076476, 192.582709 ] }, { "date": "2025-04-04", "close": 189.300003, "volume": 18227, "typical_volume": 7122.35, "trend": 190.243333, "fair_value": 164.018589, "relative_strength": 7.469566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.305218, "energy": 30.662178, "activity_lines": [ 197.2, 198.154908, 194.870095, 192.530193 ] }, { "date": "2025-04-11", "close": 183.759995, "volume": 18868, "typical_volume": 7818.15, "trend": 190.119333, "fair_value": 164.201666, "relative_strength": 6.452418, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 1.136778, "energy": 17.236445, "activity_lines": [ 192.206665, 195.571635, 194.107047, 192.111913 ] }, { "date": "2025-04-18", "close": 191.960007, "volume": 6036, "typical_volume": 7959.95, "trend": 190.271333, "fair_value": 164.462307, "relative_strength": 8.016701, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 19.599221, "energy": 28.930257, "activity_lines": [ 191.126001, 194.663273, 194.134762, 192.230667 ] }, { "date": "2025-04-25", "close": 195.119995, "volume": 4266, "typical_volume": 8081.05, "trend": 190.387333, "fair_value": 164.734487, "relative_strength": 5.783507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.485238, "energy": 26.373385, "activity_lines": [ 191.647999, 194.414545, 194.434761, 192.543483 ] }, { "date": "2025-05-02", "close": 199.559998, "volume": 5128, "typical_volume": 7509.95, "trend": 190.801333, "fair_value": 165.069743, "relative_strength": 4.606595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.682539, "energy": 22.817876, "activity_lines": [ 194.065332, 195.014181, 195.11819, 193.135268 ] }, { "date": "2025-05-09", "close": 199.899994, "volume": 7019, "typical_volume": 7776.7, "trend": 191.201999, "fair_value": 165.388846, "relative_strength": 4.819537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.010003, "energy": 33.993048, "activity_lines": [ 196.718664, 195.641453, 195.765523, 193.722279 ] }, { "date": "2025-05-16", "close": 202.550003, "volume": 20293, "typical_volume": 8772.6, "trend": 191.621666, "fair_value": 165.724807, "relative_strength": 4.004311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.117276, "energy": 61.024579, "activity_lines": [ 199.548665, 196.759635, 196.577332, 194.454408 ] }, { "date": "2025-05-23", "close": 202.0, "volume": 4460, "typical_volume": 8801.55, "trend": 192.081666, "fair_value": 166.038781, "relative_strength": 5.437182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.324823, "energy": 67.826742, "activity_lines": [ 200.942666, 197.757817, 197.243571, 195.123978 ] }, { "date": "2025-05-30", "close": 202.300003, "volume": 3877, "typical_volume": 8805.0, "trend": 192.640333, "fair_value": 166.366089, "relative_strength": 5.052582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.765974, "energy": 69.338327, "activity_lines": [ 201.767334, 198.777818, 197.855523, 195.783225 ] }, { "date": "2025-06-06", "close": 204.300003, "volume": 9355, "typical_volume": 8720.35, "trend": 193.336333, "fair_value": 166.743012, "relative_strength": 5.072004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.383619, "energy": 68.98428, "activity_lines": [ 202.780002, 200.144182, 198.573476, 196.535462 ] }, { "date": "2025-06-13", "close": 203.149994, "volume": 4542, "typical_volume": 8752.15, "trend": 194.001333, "fair_value": 167.147564, "relative_strength": 5.880077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.604996, "energy": 54.931306, "activity_lines": [ 203.093333, 201.248727, 199.110475, 197.168602 ] }, { "date": "2025-06-20", "close": 201.350006, "volume": 2414, "typical_volume": 8724.65, "trend": 194.519, "fair_value": 167.533653, "relative_strength": 5.99975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.103512, "energy": 42.345113, "activity_lines": [ 202.590001, 201.774182, 199.409143, 197.64271 ] }, { "date": "2025-06-27", "close": 200.949997, "volume": 2461, "typical_volume": 8234.4, "trend": 195.019333, "fair_value": 167.923076, "relative_strength": 4.191397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.159466, "energy": 35.980954, "activity_lines": [ 202.033333, 201.907091, 199.634142, 198.057613 ] }, { "date": "2025-07-04", "close": 200.949997, "volume": 2625, "typical_volume": 8030.05, "trend": 195.489666, "fair_value": 168.297884, "relative_strength": 3.902308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.837217, "energy": 27.961777, "activity_lines": [ 201.546665, 201.876545, 199.838618, 198.440236 ] }, { "date": "2025-07-11", "close": 202.5, "volume": 3137, "typical_volume": 8010.7, "trend": 196.067, "fair_value": 168.699166, "relative_strength": 2.74826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.478487, "energy": 27.621191, "activity_lines": [ 201.666666, 202.021818, 200.173714, 198.892516 ] }, { "date": "2025-07-18", "close": 203.5, "volume": 4676, "typical_volume": 7948.3, "trend": 196.802333, "fair_value": 169.09391, "relative_strength": 3.183555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.275069, "energy": 33.628839, "activity_lines": [ 202.239999, 202.295454, 200.581095, 199.372064 ] }, { "date": "2025-07-25", "close": 205.100006, "volume": 3333, "typical_volume": 7418.9, "trend": 197.539667, "fair_value": 169.474038, "relative_strength": 3.694657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.377296, "energy": 57.947162, "activity_lines": [ 203.323335, 202.794546, 201.126095, 199.907398 ] }, { "date": "2025-08-01", "close": 200.0, "volume": 5020, "typical_volume": 7200.4, "trend": 198.053, "fair_value": 169.820192, "relative_strength": 4.840206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.729828, "energy": 32.985652, "activity_lines": [ 202.456668, 202.320001, 201.168, 200.066129 ] }, { "date": "2025-08-08", "close": 206.25, "volume": 3309, "typical_volume": 6850.7, "trend": 198.776, "fair_value": 170.199615, "relative_strength": 5.201703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.660247, "energy": 44.081434, "activity_lines": [ 203.736668, 203.018182, 201.806095, 200.594968 ] }, { "date": "2025-08-15", "close": 210.0, "volume": 4064, "typical_volume": 6655.5, "trend": 199.466, "fair_value": 170.602179, "relative_strength": 4.51429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.369557, "energy": 67.563663, "activity_lines": [ 205.913334, 204.326364, 202.778, 201.319097 ] }, { "date": "2025-08-22", "close": 212.75, "volume": 3055, "typical_volume": 5896.9, "trend": 200.254333, "fair_value": 171.039679, "relative_strength": 5.091181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.701988, "energy": 80.941351, "activity_lines": [ 208.506667, 206.03091, 203.970857, 202.176129 ] }, { "date": "2025-08-29", "close": 208.199997, "volume": 4781, "typical_volume": 5192.55, "trend": 200.731666, "fair_value": 171.471602, "relative_strength": 6.193658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.527458, "energy": 76.164119, "activity_lines": [ 208.966666, 206.733636, 204.618714, 202.688752 ] }, { "date": "2025-09-05", "close": 206.949997, "volume": 5323, "typical_volume": 5156.9, "trend": 201.075333, "fair_value": 171.886538, "relative_strength": 5.817012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.239214, "energy": 70.750771, "activity_lines": [ 208.803332, 207.084545, 205.031143, 203.089935 ] }, { "date": "2025-09-12", "close": 206.300003, "volume": 7338, "typical_volume": 5310.5, "trend": 201.372666, "fair_value": 172.316153, "relative_strength": 3.358965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.397614, "energy": 46.064347, "activity_lines": [ 207.96, 207.208182, 205.310286, 203.427011 ] }, { "date": "2025-09-19", "close": 203.5, "volume": 5288, "typical_volume": 5318.5, "trend": 201.566666, "fair_value": 172.762051, "relative_strength": 1.517221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.904428, "energy": 21.776759, "activity_lines": [ 206.18, 206.725454, 205.269524, 203.564258 ] }, { "date": "2025-09-26", "close": 204.5, "volume": 29158, "typical_volume": 6425.45, "trend": 201.703333, "fair_value": 173.228846, "relative_strength": 1.688267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.232456, "energy": 20.784692, "activity_lines": [ 205.166667, 206.406363, 205.305238, 203.753505 ] }, { "date": "2025-10-03", "close": 208.0, "volume": 4553, "typical_volume": 5638.45, "trend": 201.921666, "fair_value": 173.712692, "relative_strength": 0.660149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.386398, "energy": 21.568275, "activity_lines": [ 205.87, 206.705454, 205.652381, 204.159742 ] }, { "date": "2025-10-10", "close": 207.050003, "volume": 1709, "typical_volume": 5500.9, "trend": 202.15, "fair_value": 174.1875, "relative_strength": 2.165761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.052846, "energy": 18.050584, "activity_lines": [ 206.270001, 206.779091, 205.883096, 204.490602 ] }, { "date": "2025-10-17", "close": 206.350006, "volume": 4963, "typical_volume": 5555.2, "trend": 202.316667, "fair_value": 174.640897, "relative_strength": -1.392597, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.627724, "energy": 19.515009, "activity_lines": [ 206.430003, 206.597274, 206.023096, 204.76157 ] }, { "date": "2025-10-24", "close": 210.800003, "volume": 1620, "typical_volume": 5168.45, "trend": 202.63, "fair_value": 175.097179, "relative_strength": 0.064563, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.299714, "energy": 38.712269, "activity_lines": [ 208.070003, 207.222729, 206.56762, 205.308882 ] }, { "date": "2025-10-31", "close": 207.399994, "volume": 4261, "typical_volume": 5154.4, "trend": 203.233333, "fair_value": 175.515897, "relative_strength": -0.318971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.662846, "energy": 33.255905, "activity_lines": [ 208.09, 207.215455, 206.757381, 205.616624 ] }, { "date": "2025-11-07", "close": 208.850006, "volume": 2571, "typical_volume": 5162.25, "trend": 204.069667, "fair_value": 175.923013, "relative_strength": 2.437438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.092494, "energy": 37.003547, "activity_lines": [ 208.400002, 207.569093, 207.065001, 205.97899 ] }, { "date": "2025-11-14", "close": 213.399994, "volume": 3407, "typical_volume": 5209.55, "trend": 204.784333, "fair_value": 176.350064, "relative_strength": 1.781674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.528399, "energy": 62.675435, "activity_lines": [ 210.169999, 208.738182, 207.770238, 206.580947 ] }, { "date": "2025-11-21", "close": 211.399994, "volume": 5345, "typical_volume": 5345.55, "trend": 205.327, "fair_value": 176.746602, "relative_strength": 3.128079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.31284, "energy": 54.278034, "activity_lines": [ 210.849997, 209.426363, 208.225714, 207.007763 ] }, { "date": "2025-11-28", "close": 215.25, "volume": 3855, "typical_volume": 5381.45, "trend": 205.85, "fair_value": 177.164359, "relative_strength": 3.133822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.33329, "energy": 72.561841, "activity_lines": [ 212.476664, 210.721817, 208.998095, 207.647957 ] }, { "date": "2025-12-05", "close": 213.75, "volume": 2714, "typical_volume": 5283.35, "trend": 206.311667, "fair_value": 177.576218, "relative_strength": 2.424964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.129331, "energy": 71.930797, "activity_lines": [ 213.306665, 211.530908, 209.566904, 208.157634 ] }, { "date": "2025-12-12", "close": 214.0, "volume": 7614, "typical_volume": 5497.4, "trend": 206.693333, "fair_value": 178.020577, "relative_strength": 3.013009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.944262, "energy": 65.094505, "activity_lines": [ 213.796665, 212.217272, 210.110714, 208.653656 ] }, { "date": "2025-12-19", "close": 216.850006, "volume": 5687, "typical_volume": 5530.75, "trend": 207.188334, "fair_value": 178.467051, "relative_strength": 3.197089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.036583, "energy": 72.221528, "activity_lines": [ 214.893335, 213.312727, 210.883572, 209.308925 ] }, { "date": "2025-12-26", "close": 217.649994, "volume": 2217, "typical_volume": 5476.15, "trend": 207.7, "fair_value": 178.922243, "relative_strength": 4.034983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.533134, "energy": 68.98324, "activity_lines": [ 216.026666, 214.375454, 211.652381, 209.983871 ] }, { "date": "2026-01-02", "close": 219.5, "volume": 6622, "typical_volume": 5604.05, "trend": 208.206667, "fair_value": 179.364807, "relative_strength": 3.635437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.191019, "energy": 77.474003, "activity_lines": [ 217.36, 215.56909, 212.543095, 210.745161 ] }, { "date": "2026-01-09", "close": 218.949997, "volume": 12736, "typical_volume": 6088.1, "trend": 208.733333, "fair_value": 179.793205, "relative_strength": 1.21125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.32426, "energy": 76.573075, "activity_lines": [ 218.226665, 216.504544, 213.33619, 211.438279 ] }, { "date": "2026-01-16", "close": 220.600006, "volume": 4474, "typical_volume": 6072.75, "trend": 209.375, "fair_value": 180.228974, "relative_strength": 3.082282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.176267, "energy": 78.875685, "activity_lines": [ 219.296667, 217.53, 214.256905, 212.203871 ] }, { "date": "2026-01-23", "close": 217.300003, "volume": 3620, "typical_volume": 5987.6, "trend": 209.92, "fair_value": 180.643846, "relative_strength": 2.769354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.301251, "energy": 59.212893, "activity_lines": [ 218.826668, 217.741819, 214.804286, 212.715162 ] }, { "date": "2026-01-30", "close": 221.800003, "volume": 4844, "typical_volume": 5862.9, "trend": 210.615, "fair_value": 181.08859, "relative_strength": 4.885048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.689176, "energy": 58.748844, "activity_lines": [ 219.826669, 218.700911, 215.730953, 213.481613 ] }, { "date": "2026-02-06", "close": 229.850006, "volume": 6927, "typical_volume": 5944.85, "trend": 211.526667, "fair_value": 181.585577, "relative_strength": 6.511197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.38915, "energy": 79.905032, "activity_lines": [ 223.233337, 220.934548, 217.350477, 214.722581 ] }, { "date": "2026-02-13", "close": 230.25, "volume": 11631, "typical_volume": 5068.5, "trend": 212.418334, "fair_value": 182.071667, "relative_strength": 5.93136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.999962, "energy": 91.717921, "activity_lines": [ 226.083336, 222.975457, 218.88262, 215.930538 ] }, { "date": "2026-02-20", "close": 234.300003, "volume": 13377, "typical_volume": 5509.7, "trend": 213.391667, "fair_value": 182.600513, "relative_strength": 4.962831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.596633, "energy": 96.005637, "activity_lines": [ 229.530003, 225.45273, 220.677858, 217.342259 ] }, { "date": "2026-02-27", "close": 237.5, "volume": 13943, "typical_volume": 6121.4, "trend": 214.641667, "fair_value": 183.131282, "relative_strength": 5.35741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.862167, "energy": 96.209906, "activity_lines": [ 233.130002, 228.142729, 222.65262, 218.897635 ] }, { "date": "2026-03-06", "close": 227.699997, "volume": 4560, "typical_volume": 6101.25, "trend": 215.356667, "fair_value": 183.617308, "relative_strength": 8.139727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.926934, "energy": 86.109342, "activity_lines": [ 232.116667, 228.675456, 223.549048, 219.740108 ] }, { "date": "2026-03-13", "close": 229.449997, "volume": 6229, "typical_volume": 6331.7, "trend": 216.005, "fair_value": 184.155577, "relative_strength": 9.773953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.45963, "energy": 64.358296, "activity_lines": [ 231.293332, 229.343637, 224.510477, 220.649355 ] }, { "date": "2026-03-20", "close": 223.399994, "volume": 3566, "typical_volume": 6296.95, "trend": 216.36, "fair_value": 184.643013, "relative_strength": 9.979225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.683294, "energy": 43.332705, "activity_lines": [ 228.479997, 228.730908, 224.806905, 221.126452 ] }, { "date": "2026-03-27", "close": 226.550003, "volume": 5850, "typical_volume": 6460.9, "trend": 216.971667, "fair_value": 185.115513, "relative_strength": 10.684762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.153504, "energy": 24.489258, "activity_lines": [ 227.173332, 228.61, 225.327143, 221.783871 ] }, { "date": "2026-04-03", "close": 233.350006, "volume": 9757, "typical_volume": 6778.4, "trend": 217.851667, "fair_value": 185.61532, "relative_strength": 10.016405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.59998, "energy": 33.325795, "activity_lines": [ 228.650001, 229.617273, 226.410715, 222.840538 ] }, { "date": "2026-04-10", "close": 234.0, "volume": 8542, "typical_volume": 6938.25, "trend": 218.775, "fair_value": 186.11032, "relative_strength": 6.164014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.493156, "energy": 40.240839, "activity_lines": [ 230.620001, 230.450909, 227.461191, 223.882366 ] }, { "date": "2026-04-17", "close": 234.100006, "volume": 6649, "typical_volume": 7077.95, "trend": 219.795001, "fair_value": 186.608782, "relative_strength": 4.014806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.195802, "energy": 47.772761, "activity_lines": [ 232.203337, 231.08091, 228.413573, 224.871076 ] }, { "date": "2026-04-24", "close": 232.75, "volume": 4147, "typical_volume": 7149.6, "trend": 220.736667, "fair_value": 187.095256, "relative_strength": 6.601005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.9453, "energy": 50.123366, "activity_lines": [ 233.026669, 231.388183, 229.14762, 225.706883 ] }, { "date": "2026-05-01", "close": 234.0, "volume": 1622, "typical_volume": 6850.0, "trend": 221.603334, "fair_value": 187.597179, "relative_strength": 7.49752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.775338, "energy": 50.78021, "activity_lines": [ 233.643335, 231.877274, 229.910239, 226.562581 ] }, { "date": "2026-05-08", "close": 230.050003, "volume": 10262, "typical_volume": 7078.75, "trend": 222.370001, "fair_value": 188.068141, "relative_strength": 5.520137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.342558, "energy": 38.117156, "activity_lines": [ 232.446668, 231.653638, 230.20143, 227.107528 ] }, { "date": "2026-05-15", "close": 232.25, "volume": 2493, "typical_volume": 7092.55, "trend": 223.233334, "fair_value": 188.553205, "relative_strength": 8.399605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.758412, "energy": 32.305872, "activity_lines": [ 232.203335, 231.965456, 230.639287, 227.744947 ] }, { "date": "2026-05-22", "close": 237.149994, "volume": 3715, "typical_volume": 6947.2, "trend": 224.111667, "fair_value": 189.089167, "relative_strength": 8.22104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.835157, "energy": 39.649222, "activity_lines": [ 233.709999, 233.085455, 231.474286, 228.642796 ] }, { "date": "2026-05-29", "close": 232.600006, "volume": 6900, "typical_volume": 6655.4, "trend": 224.951667, "fair_value": 189.585833, "relative_strength": 5.093846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.497702, "energy": 30.212667, "activity_lines": [ 233.496667, 233.238183, 231.791906, 229.190431 ] }, { "date": "2026-06-05", "close": 231.800003, "volume": 1810, "typical_volume": 6522.2, "trend": 225.716667, "fair_value": 190.080577, "relative_strength": 4.137337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.251568, "energy": 27.543325, "activity_lines": [ 233.026668, 233.078183, 231.968334, 229.632259 ] }, { "date": "2026-06-12", "close": 235.25, "volume": 385, "typical_volume": 6360.45, "trend": 226.445001, "fair_value": 190.578718, "relative_strength": 3.880754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.436836, "energy": 35.350635, "activity_lines": [ 233.853335, 233.450001, 232.420001, 230.247313 ] }, { "date": "2026-06-19", "close": 232.199997, "volume": 223, "typical_volume": 6129.4, "trend": 227.138334, "fair_value": 191.088333, "relative_strength": 1.603142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.598447, "energy": 25.270351, "activity_lines": [ 233.316667, 233.232728, 232.495715, 230.618603 ] }, { "date": "2026-06-26", "close": 237.899994, "volume": 114, "typical_volume": 5788.75, "trend": 227.893334, "fair_value": 191.619103, "relative_strength": 4.381394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.028338, "energy": 38.453059, "activity_lines": [ 234.683331, 234.084545, 233.064762, 231.312904 ] }, { "date": "2026-07-03", "close": 241.949997, "volume": 243, "typical_volume": 5219.35, "trend": 228.833334, "fair_value": 192.199808, "relative_strength": 4.449159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.005694, "energy": 69.217531, "activity_lines": [ 237.349997, 235.603635, 233.98119, 232.219785 ] }, { "date": "2026-07-10", "close": 241.100006, "volume": 3023, "typical_volume": 4701.65, "trend": 229.736667, "fair_value": 192.747756, "relative_strength": 5.964703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.583776, "energy": 72.891397, "activity_lines": [ 239.11, 236.800909, 234.760953, 233.011183 ] }, { "date": "2026-07-17", "close": 246.0, "volume": 9534, "typical_volume": 4481.2, "trend": 230.708334, "fair_value": 193.3075, "relative_strength": 7.855319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.235473, "energy": 84.490059, "activity_lines": [ 241.883333, 238.76, 235.975, 234.060431 ] }, { "date": "2026-07-24", "close": 245.899994, "volume": 2668, "typical_volume": 4386.6, "trend": 231.65, "fair_value": 193.850449, "relative_strength": 7.140022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.766701, "energy": 84.403623, "activity_lines": [ 243.906665, 240.410908, 237.139047, 235.040538 ] }, { "date": "2026-07-31", "close": 246.899994, "volume": 39412, "typical_volume": 6045.75, "trend": 232.563334, "fair_value": 194.432115, "relative_strength": 5.653203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.973647, "energy": 83.161589, "activity_lines": [ 245.349997, 241.995452, 238.311666, 236.024408 ] }, { "date": "2026-08-07", "close": 246.449997, "volume": 4617, "typical_volume": 6098.3, "trend": 233.48, "fair_value": 195.018846, "relative_strength": 2.858117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.446166, "energy": 83.555005, "activity_lines": [ 246.04333, 243.320907, 239.358332, 236.920322 ] } ], "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." } } }