{ "ticker": { "uuid": "21969431-9e10-40d4-bc64-95189baef75e", "symbol": "XXSC", "name": "Xtrackers MSCI Europe Small Cap UCITS ETF 1C", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 89.278, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.472, "architecture_energy": 75.527, "architecture_maturity": 35.039, "architecture_confidence": 82.967, "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": 6.1, "rotation_up": 71.12, "upward_expansion": 91.47, "deceleration": 42.85, "rotation_down": 16.03, "downward_expansion": 15.8 }, "activity_lines": [ 74.273999, 73.665091, 73.005715, 72.117291 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 75.779999, "trend_reference": 71.289667, "distance_from_trend": 0.062987, "trend_direction": "Improving", "fair_value": 61.604962, "distance_from_fair_value": 0.230096, "fair_value_direction": "Improving", "relative_strength": 1.118384, "relative_strength_direction": "Weakening", "price_momentum": 0.06898, "excess_performance": 0.00434, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.062987, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032954, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.230096, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.025297, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011184, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.048369, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.06898, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.720889, "read": "Demand-led" } ], "volume": { "latest": 117047, "relative_activity": 0.720005, "balance": 2.720889, "dry_up": 0.904299, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.020911, "annualized_volatility": 0.155971, "from_high_reference": -0.031862, "from_low_reference": 0.204387 }, "levels": { "trend_reference": 71.289667, "fair_value_reference": 61.604962, "structural_low": 62.919998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.001479, "positive_rate": 0.551724, "directional_follow_through": 0.551724, "median_excess_return": 0.001162, "regime_survival": 0.724138, "best_return": 0.064287, "worst_return": -0.06206, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.029595, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": -0.013201, "regime_survival": 0.363636, "best_return": 0.051367, "worst_return": -0.080389, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.058364, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.010391, "regime_survival": 0.333333, "best_return": 0.097417, "worst_return": -0.025143, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.062146, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.042642, "regime_survival": 0.5, "best_return": 0.16748, "worst_return": -0.165079, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-01-24", "tenure": "Developing", "return": 0.013643, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.017426, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.018862, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.045446, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.042998, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.02621, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-09-19", "tenure": "Established", "return": 0.028904, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.20366, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": -0.018987, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": 0.098998, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.048428, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.038201, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.011859, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.067324, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 50.779999, "volume": 55494, "typical_volume": 73839.0, "trend": 52.346, "fair_value": 53.693045, "relative_strength": -5.058247, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.500153, "energy": 17.635554, "activity_lines": [ 52.035999, 52.109817, 52.196238, 52.185591 ] }, { "date": "2023-08-25", "close": 50.77, "volume": 31064, "typical_volume": 68919.0, "trend": 52.262, "fair_value": 53.73734, "relative_strength": -5.091305, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.218411, "energy": 41.070584, "activity_lines": [ 51.491999, 51.869272, 52.058523, 52.083914 ] }, { "date": "2023-09-01", "close": 51.849998, "volume": 44160, "typical_volume": 67433.8, "trend": 52.187333, "fair_value": 53.793398, "relative_strength": -4.085106, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.534371, "energy": 37.328904, "activity_lines": [ 51.449332, 51.868181, 52.02538, 52.057333 ] }, { "date": "2023-09-08", "close": 51.080002, "volume": 52252, "typical_volume": 65628.15, "trend": 52.110666, "fair_value": 53.843205, "relative_strength": -4.608651, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.418961, "energy": 46.373331, "activity_lines": [ 51.256, 51.707272, 51.921428, 51.985892 ] }, { "date": "2023-09-15", "close": 51.450001, "volume": 31233, "typical_volume": 62775.8, "trend": 52.029, "fair_value": 53.89093, "relative_strength": -4.567773, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.765672, "energy": 42.683958, "activity_lines": [ 51.296, 51.624727, 51.858333, 51.943268 ] }, { "date": "2023-09-22", "close": 50.599998, "volume": 37229, "typical_volume": 59751.2, "trend": 51.948333, "fair_value": 53.94359, "relative_strength": -3.897433, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.516626, "energy": 39.165682, "activity_lines": [ 51.100666, 51.378181, 51.719571, 51.851075 ] }, { "date": "2023-09-29", "close": 50.299999, "volume": 35595, "typical_volume": 58913.55, "trend": 51.819333, "fair_value": 53.984712, "relative_strength": -3.203573, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.132066, "energy": 49.790462, "activity_lines": [ 50.817333, 51.109818, 51.561476, 51.744731 ] }, { "date": "2023-10-06", "close": 49.189999, "volume": 125490, "typical_volume": 61625.4, "trend": 51.709333, "fair_value": 54.011218, "relative_strength": -4.159999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.507957, "energy": 65.227635, "activity_lines": [ 50.195333, 50.686727, 51.30819, 51.575096 ] }, { "date": "2023-10-13", "close": 48.73, "volume": 45173, "typical_volume": 58931.8, "trend": 51.663333, "fair_value": 54.037949, "relative_strength": -4.59237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.098859, "energy": 77.416038, "activity_lines": [ 49.597333, 50.257272, 51.028952, 51.382881 ] }, { "date": "2023-10-20", "close": 47.035, "volume": 61428, "typical_volume": 58494.4, "trend": 51.5695, "fair_value": 54.057404, "relative_strength": -5.30642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.563156, "energy": 87.974533, "activity_lines": [ 48.591, 49.592363, 50.602428, 51.084279 ] }, { "date": "2023-10-27", "close": 46.490002, "volume": 31941, "typical_volume": 52285.85, "trend": 51.393833, "fair_value": 54.088846, "relative_strength": -5.485696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.083872, "energy": 93.471473, "activity_lines": [ 47.697334, 48.921727, 50.150881, 50.75657 ] }, { "date": "2023-11-03", "close": 49.555, "volume": 91681, "typical_volume": 53369.05, "trend": 51.341333, "fair_value": 54.123301, "relative_strength": -2.432529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.622902, "energy": 76.888452, "activity_lines": [ 48.099334, 48.886364, 50.020762, 50.637935 ] }, { "date": "2023-11-10", "close": 49.259998, "volume": 102033, "typical_volume": 55625.3, "trend": 51.237333, "fair_value": 54.141763, "relative_strength": -3.113317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.09346, "energy": 51.623917, "activity_lines": [ 48.452666, 48.819454, 49.879619, 50.503656 ] }, { "date": "2023-11-17", "close": 51.209999, "volume": 97053, "typical_volume": 57533.95, "trend": 51.202333, "fair_value": 54.164006, "relative_strength": -3.476869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.030257, "energy": 21.935341, "activity_lines": [ 49.451333, 49.154181, 49.931333, 50.501892 ] }, { "date": "2023-11-24", "close": 51.509998, "volume": 70070, "typical_volume": 58469.0, "trend": 51.167333, "fair_value": 54.185481, "relative_strength": -3.415943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.107939, "energy": 21.998767, "activity_lines": [ 50.384665, 49.54109, 50.013904, 50.521741 ] }, { "date": "2023-12-01", "close": 52.32, "volume": 67308, "typical_volume": 59244.45, "trend": 51.159999, "fair_value": 54.206026, "relative_strength": -3.915867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 20.265927, "energy": 31.629926, "activity_lines": [ 51.289666, 50.074181, 50.170857, 50.596107 ] }, { "date": "2023-12-08", "close": 52.950001, "volume": 39226, "typical_volume": 58991.3, "trend": 51.174666, "fair_value": 54.237308, "relative_strength": -4.672549, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.587808, "energy": 43.685666, "activity_lines": [ 52.016, 50.690545, 50.38819, 50.711591 ] }, { "date": "2023-12-15", "close": 54.439999, "volume": 114382, "typical_volume": 62156.2, "trend": 51.224666, "fair_value": 54.267564, "relative_strength": -1.799172, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.495223, "energy": 68.302063, "activity_lines": [ 53.012666, 51.529636, 50.747142, 50.922258 ] }, { "date": "2023-12-22", "close": 55.209999, "volume": 436303, "typical_volume": 80738.95, "trend": 51.341666, "fair_value": 54.299359, "relative_strength": -0.01962, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.111734, "energy": 74.874184, "activity_lines": [ 53.920666, 52.413272, 51.174666, 51.179376 ] }, { "date": "2023-12-29", "close": 55.419998, "volume": 69512, "typical_volume": 81931.35, "trend": 51.432999, "fair_value": 54.326218, "relative_strength": 0.211464, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.519325, "energy": 89.75517, "activity_lines": [ 54.631999, 53.217272, 51.61038, 51.442494 ] }, { "date": "2024-01-05", "close": 54.200001, "volume": 121300, "typical_volume": 85221.65, "trend": 51.483333, "fair_value": 54.338013, "relative_strength": -0.930448, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.260722, "energy": 83.584411, "activity_lines": [ 54.676, 53.646999, 51.914428, 51.62101 ] }, { "date": "2024-01-12", "close": 54.400002, "volume": 180432, "typical_volume": 92690.05, "trend": 51.525333, "fair_value": 54.353333, "relative_strength": -1.106676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.189386, "energy": 76.657803, "activity_lines": [ 54.661334, 53.972909, 52.221238, 51.809182 ] }, { "date": "2024-01-19", "close": 52.91, "volume": 176489, "typical_volume": 99306.5, "trend": 51.597, "fair_value": 54.35718, "relative_strength": -2.781638, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.452229, "energy": 49.606017, "activity_lines": [ 54.053334, 53.939818, 52.368857, 51.898516 ] }, { "date": "2024-01-26", "close": 54.779999, "volume": 160696, "typical_volume": 104728.7, "trend": 51.7, "fair_value": 54.381667, "relative_strength": -1.590848, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.537812, "energy": 42.100205, "activity_lines": [ 54.170667, 54.180364, 52.689524, 52.103871 ] }, { "date": "2024-02-02", "close": 54.23, "volume": 140318, "typical_volume": 110182.95, "trend": 51.81, "fair_value": 54.386667, "relative_strength": -2.16424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.733748, "energy": 38.298003, "activity_lines": [ 54.133333, 54.256, 52.94019, 52.267096 ] }, { "date": "2024-02-09", "close": 54.290001, "volume": 169530, "typical_volume": 116798.0, "trend": 51.873, "fair_value": 54.387756, "relative_strength": -1.942989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.412504, "energy": 35.55185, "activity_lines": [ 54.195334, 54.293091, 53.183333, 52.427097 ] }, { "date": "2024-02-16", "close": 55.09, "volume": 127171, "typical_volume": 121376.8, "trend": 51.946333, "fair_value": 54.394231, "relative_strength": -1.45553, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.043801, "energy": 54.678092, "activity_lines": [ 54.518, 54.439818, 53.485095, 52.634645 ] }, { "date": "2024-02-23", "close": 54.880001, "volume": 79198, "typical_volume": 119062.2, "trend": 51.994333, "fair_value": 54.404615, "relative_strength": -3.34162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.091908, "energy": 56.779477, "activity_lines": [ 54.724667, 54.509455, 53.744048, 52.823914 ] }, { "date": "2024-03-01", "close": 55.450001, "volume": 142369, "typical_volume": 123922.0, "trend": 52.085, "fair_value": 54.41891, "relative_strength": -3.877515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.243451, "energy": 60.40799, "activity_lines": [ 54.990001, 54.674728, 54.030191, 53.04686 ] }, { "date": "2024-03-08", "close": 55.900002, "volume": 165602, "typical_volume": 129130.7, "trend": 52.209333, "fair_value": 54.423205, "relative_strength": -3.378531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.50992, "energy": 68.926802, "activity_lines": [ 55.360668, 54.917455, 54.327191, 53.292989 ] }, { "date": "2024-03-15", "close": 55.93, "volume": 188564, "typical_volume": 136961.85, "trend": 52.381, "fair_value": 54.427885, "relative_strength": -3.828429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.01264, "energy": 73.136978, "activity_lines": [ 55.630001, 55.15691, 54.584834, 53.533032 ] }, { "date": "2024-03-22", "close": 56.400002, "volume": 105901, "typical_volume": 137672.85, "trend": 52.568667, "fair_value": 54.43391, "relative_strength": -4.321387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.052882, "energy": 77.691289, "activity_lines": [ 55.946668, 55.450365, 54.842286, 53.792323 ] }, { "date": "2024-03-29", "close": 57.27, "volume": 198265, "typical_volume": 142484.45, "trend": 52.749333, "fair_value": 54.438013, "relative_strength": -4.22872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.209328, "energy": 81.938356, "activity_lines": [ 56.466001, 55.865637, 55.15, 54.095635 ] }, { "date": "2024-04-05", "close": 56.75, "volume": 99286, "typical_volume": 142596.1, "trend": 52.938333, "fair_value": 54.434872, "relative_strength": -3.351289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.540107, "energy": 78.159706, "activity_lines": [ 56.652667, 56.107092, 55.370048, 54.353742 ] }, { "date": "2024-04-12", "close": 56.509998, "volume": 136547, "typical_volume": 145919.95, "trend": 53.107, "fair_value": 54.425962, "relative_strength": -2.352366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.483885, "energy": 61.970762, "activity_lines": [ 56.672666, 56.269091, 55.540857, 54.584172 ] }, { "date": "2024-04-19", "close": 55.400002, "volume": 439722, "typical_volume": 164540.65, "trend": 53.267, "fair_value": 54.410705, "relative_strength": -3.132462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.966567, "energy": 49.787253, "activity_lines": [ 56.282, 56.187819, 55.582143, 54.732108 ] }, { "date": "2024-04-26", "close": 56.310001, "volume": 71938, "typical_volume": 166176.25, "trend": 53.467333, "fair_value": 54.401026, "relative_strength": -3.723028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.250315, "energy": 39.392853, "activity_lines": [ 56.23, 56.251819, 55.695429, 54.92843 ] }, { "date": "2024-05-03", "close": 57.240002, "volume": 89422, "typical_volume": 164928.25, "trend": 53.735667, "fair_value": 54.392244, "relative_strength": -1.20019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.806252, "energy": 46.396451, "activity_lines": [ 56.494001, 56.462728, 55.881286, 55.171828 ] }, { "date": "2024-05-10", "close": 58.73, "volume": 54917, "typical_volume": 145858.95, "trend": 54.069, "fair_value": 54.398462, "relative_strength": -2.6935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.650803, "energy": 58.964866, "activity_lines": [ 57.256668, 56.901637, 56.195715, 55.494043 ] }, { "date": "2024-05-17", "close": 59.740002, "volume": 324666, "typical_volume": 158616.65, "trend": 54.4925, "fair_value": 54.408077, "relative_strength": -0.622975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.050812, "energy": 89.51483, "activity_lines": [ 58.224001, 57.464546, 56.589572, 55.859915 ] }, { "date": "2024-05-24", "close": 59.93, "volume": 92333, "typical_volume": 157168.3, "trend": 54.9405, "fair_value": 54.413526, "relative_strength": -0.230942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.507572, "energy": 93.224971, "activity_lines": [ 59.039334, 57.992183, 56.980953, 56.210721 ] }, { "date": "2024-05-31", "close": 59.950001, "volume": 190975, "typical_volume": 157695.45, "trend": 55.287, "fair_value": 54.414487, "relative_strength": 0.881568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.087668, "energy": 90.979359, "activity_lines": [ 59.559334, 58.450728, 57.346953, 56.533915 ] }, { "date": "2024-06-07", "close": 59.950001, "volume": 348547, "typical_volume": 166298.35, "trend": 55.643334, "fair_value": 54.41468, "relative_strength": 0.602963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.499744, "energy": 88.378599, "activity_lines": [ 59.836668, 58.844728, 57.686525, 56.834753 ] }, { "date": "2024-06-14", "close": 58.119999, "volume": 261815, "typical_volume": 171354.3, "trend": 55.873667, "fair_value": 54.411923, "relative_strength": 0.552374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.508877, "energy": 59.183952, "activity_lines": [ 59.323334, 58.857273, 57.818286, 56.994538 ] }, { "date": "2024-06-21", "close": 58.630001, "volume": 168897, "typical_volume": 172783.25, "trend": 56.111, "fair_value": 54.408141, "relative_strength": 0.519984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.725003, "energy": 48.38914, "activity_lines": [ 59.020667, 58.937637, 57.982715, 57.172366 ] }, { "date": "2024-06-28", "close": 58.049999, "volume": 84555, "typical_volume": 168534.5, "trend": 56.302, "fair_value": 54.397821, "relative_strength": -0.856502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.464394, "energy": 31.554484, "activity_lines": [ 58.598667, 58.874, 58.070953, 57.297463 ] }, { "date": "2024-07-05", "close": 59.48, "volume": 140868, "typical_volume": 169219.35, "trend": 56.519667, "fair_value": 54.395641, "relative_strength": 0.292979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.272365, "energy": 29.445023, "activity_lines": [ 58.778667, 59.022182, 58.277477, 57.502495 ] }, { "date": "2024-07-12", "close": 60.41, "volume": 146563, "typical_volume": 172587.6, "trend": 56.718667, "fair_value": 54.403718, "relative_strength": 0.398252, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.064595, "energy": 44.263958, "activity_lines": [ 59.3, 59.281818, 58.551667, 57.753484 ] }, { "date": "2024-07-19", "close": 59.599998, "volume": 89788, "typical_volume": 169958.55, "trend": 56.865, "fair_value": 54.398526, "relative_strength": 2.18676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.132031, "energy": 42.725088, "activity_lines": [ 59.520666, 59.336545, 58.722381, 57.939377 ] }, { "date": "2024-07-26", "close": 59.810001, "volume": 92873, "typical_volume": 166322.1, "trend": 57.011334, "fair_value": 54.391859, "relative_strength": 1.177587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.707532, "energy": 46.298129, "activity_lines": [ 59.712666, 59.413636, 58.893334, 58.129377 ] }, { "date": "2024-08-02", "close": 57.950001, "volume": 129854, "typical_volume": 163386.6, "trend": 57.136334, "fair_value": 54.366795, "relative_strength": 2.244165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.355185, "energy": 31.04804, "activity_lines": [ 59.206, 59.151273, 58.868524, 58.189936 ] }, { "date": "2024-08-09", "close": 57.529999, "volume": 96183, "typical_volume": 162900.7, "trend": 57.240667, "fair_value": 54.33468, "relative_strength": 1.179763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.036998, "energy": 12.94228, "activity_lines": [ 58.566, 58.848545, 58.794095, 58.215334 ] }, { "date": "2024-08-16", "close": 58.75, "volume": 36902, "typical_volume": 154832.55, "trend": 57.435334, "fair_value": 54.315833, "relative_strength": -0.02306, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.66204, "energy": 13.913464, "activity_lines": [ 58.462667, 58.811636, 58.830476, 58.31271 ] }, { "date": "2024-08-23", "close": 59.790001, "volume": 30256, "typical_volume": 151381.05, "trend": 57.602334, "fair_value": 54.295769, "relative_strength": 0.073598, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.468318, "energy": 20.691811, "activity_lines": [ 58.816667, 58.985636, 58.958857, 58.464624 ] }, { "date": "2024-08-30", "close": 60.200001, "volume": 30680, "typical_volume": 146087.7, "trend": 57.801334, "fair_value": 54.274295, "relative_strength": -0.64623, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.915142, "energy": 26.989953, "activity_lines": [ 59.294667, 59.203818, 59.11181, 58.632215 ] }, { "date": "2024-09-06", "close": 58.119999, "volume": 67895, "typical_volume": 127496.35, "trend": 57.929, "fair_value": 54.245128, "relative_strength": -0.866753, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.002216, "energy": 15.988834, "activity_lines": [ 59.053333, 59.015273, 59.049095, 58.652774 ] }, { "date": "2024-09-13", "close": 59.419998, "volume": 56809, "typical_volume": 126739.9, "trend": 58.073334, "fair_value": 54.228141, "relative_strength": -0.768378, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.189726, "energy": 23.284604, "activity_lines": [ 59.233999, 59.061818, 59.097238, 58.748968 ] }, { "date": "2024-09-20", "close": 59.599998, "volume": 110495, "typical_volume": 127793.55, "trend": 58.230667, "fair_value": 54.213141, "relative_strength": -0.536298, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.012521, "energy": 22.297779, "activity_lines": [ 59.348665, 59.142181, 59.147714, 58.847462 ] }, { "date": "2024-09-27", "close": 61.029999, "volume": 47900, "typical_volume": 127442.7, "trend": 58.416667, "fair_value": 54.216795, "relative_strength": -2.011858, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.682197, "energy": 37.791967, "activity_lines": [ 59.883332, 59.497272, 59.323142, 59.028064 ] }, { "date": "2024-10-04", "close": 59.77, "volume": 57879, "typical_volume": 114103.35, "trend": 58.545667, "fair_value": 54.216731, "relative_strength": -2.20359, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.867678, "energy": 40.801374, "activity_lines": [ 59.915332, 59.597272, 59.367619, 59.115376 ] }, { "date": "2024-10-11", "close": 59.669998, "volume": 65540, "typical_volume": 112763.7, "trend": 58.670333, "fair_value": 54.202244, "relative_strength": -3.566951, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.559864, "energy": 37.414683, "activity_lines": [ 59.942665, 59.679817, 59.402428, 59.187914 ] }, { "date": "2024-10-18", "close": 60.200001, "volume": 93100, "typical_volume": 107869.95, "trend": 58.797, "fair_value": 54.188398, "relative_strength": -4.046756, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.945713, "energy": 39.220774, "activity_lines": [ 60.043333, 59.827454, 59.488952, 59.286602 ] }, { "date": "2024-10-25", "close": 59.369999, "volume": 57671, "typical_volume": 93326.15, "trend": 58.867, "fair_value": 54.168974, "relative_strength": -4.361303, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.735803, "energy": 21.87957, "activity_lines": [ 59.815333, 59.775636, 59.495238, 59.32357 ] }, { "date": "2024-11-01", "close": 58.220001, "volume": 82520, "typical_volume": 84361.4, "trend": 58.916, "fair_value": 54.136346, "relative_strength": -5.060956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.844098, "energy": 9.016556, "activity_lines": [ 59.219333, 59.503454, 59.394762, 59.281828 ] }, { "date": "2024-11-08", "close": 58.419998, "volume": 209208, "typical_volume": 86376.95, "trend": 58.979667, "fair_value": 54.102564, "relative_strength": -4.427536, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.899189, "energy": 15.406103, "activity_lines": [ 58.877333, 59.296181, 59.312857, 59.249828 ] }, { "date": "2024-11-15", "close": 58.0, "volume": 204799, "typical_volume": 92389.15, "trend": 59.066333, "fair_value": 54.068782, "relative_strength": -4.977976, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.776449, "energy": 25.71098, "activity_lines": [ 58.485333, 59.044909, 59.191952, 59.186623 ] }, { "date": "2024-11-22", "close": 58.139999, "volume": 150071, "typical_volume": 92849.3, "trend": 59.127333, "fair_value": 54.056603, "relative_strength": -5.182251, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.099587, "energy": 49.743051, "activity_lines": [ 58.251333, 58.821272, 59.084618, 59.12686 ] }, { "date": "2024-11-29", "close": 58.639999, "volume": 196492, "typical_volume": 95345.75, "trend": 59.174, "fair_value": 54.049231, "relative_strength": -5.731507, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.687017, "energy": 46.215517, "activity_lines": [ 58.321333, 58.711818, 59.031285, 59.095419 ] }, { "date": "2024-12-06", "close": 59.639999, "volume": 460503, "typical_volume": 113881.5, "trend": 59.204333, "fair_value": 54.041474, "relative_strength": -7.558735, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.794809, "energy": 20.419484, "activity_lines": [ 58.773332, 58.801636, 59.081618, 59.125483 ] }, { "date": "2024-12-13", "close": 59.23, "volume": 213679, "typical_volume": 119921.8, "trend": 59.187333, "fair_value": 54.035128, "relative_strength": -8.096175, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.630556, "energy": 12.651829, "activity_lines": [ 58.993999, 58.842181, 59.092714, 59.127139 ] }, { "date": "2024-12-20", "close": 57.82, "volume": 96478, "typical_volume": 118253.0, "trend": 59.117, "fair_value": 54.010128, "relative_strength": -7.709476, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.295947, "energy": 18.616641, "activity_lines": [ 58.690666, 58.636181, 58.972285, 59.038924 ] }, { "date": "2024-12-27", "close": 58.27, "volume": 48984, "typical_volume": 115893.05, "trend": 59.061, "fair_value": 53.980321, "relative_strength": -7.232338, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.595625, "energy": 17.345839, "activity_lines": [ 58.549333, 58.545636, 58.895333, 58.984279 ] }, { "date": "2025-01-03", "close": 58.540001, "volume": 91555, "typical_volume": 118625.7, "trend": 59.014, "fair_value": 53.955256, "relative_strength": -6.249533, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.641806, "energy": 28.230039, "activity_lines": [ 58.489334, 58.539273, 58.840571, 58.950666 ] }, { "date": "2025-01-10", "close": 57.380001, "volume": 67028, "typical_volume": 120464.3, "trend": 58.989333, "fair_value": 53.931346, "relative_strength": -9.278054, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.702215, "energy": 50.694839, "activity_lines": [ 58.049334, 58.337091, 58.676333, 58.845247 ] }, { "date": "2025-01-17", "close": 58.919998, "volume": 125153, "typical_volume": 125187.95, "trend": 58.999, "fair_value": 53.926667, "relative_strength": -9.702582, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.64239, "energy": 29.294887, "activity_lines": [ 58.273333, 58.430182, 58.670238, 58.840774 ] }, { "date": "2025-01-24", "close": 59.439999, "volume": 102280, "typical_volume": 126907.2, "trend": 59.045333, "fair_value": 53.935513, "relative_strength": -10.750282, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.92968, "energy": 9.41056, "activity_lines": [ 58.691333, 58.608727, 58.719761, 58.869225 ] }, { "date": "2025-01-31", "close": 60.830002, "volume": 194613, "typical_volume": 133797.4, "trend": 59.090333, "fair_value": 53.954744, "relative_strength": -9.853765, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.768811, "energy": 24.180511, "activity_lines": [ 59.464667, 59.013818, 58.895381, 58.984365 ] }, { "date": "2025-02-07", "close": 60.869999, "volume": 170756, "typical_volume": 136810.45, "trend": 59.105666, "fair_value": 53.969487, "relative_strength": -9.790962, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.915182, "energy": 39.495148, "activity_lines": [ 60.080666, 59.377273, 59.068095, 59.099182 ] }, { "date": "2025-02-14", "close": 61.889999, "volume": 128414, "typical_volume": 140836.15, "trend": 59.182, "fair_value": 54.001474, "relative_strength": -10.979371, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.927872, "energy": 76.654449, "activity_lines": [ 60.881333, 59.885636, 59.331904, 59.278817 ] }, { "date": "2025-02-21", "close": 61.5, "volume": 199663, "typical_volume": 147925.35, "trend": 59.238333, "fair_value": 54.037564, "relative_strength": -10.425712, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.438195, "energy": 77.628923, "activity_lines": [ 61.251333, 60.282182, 59.554476, 59.428365 ] }, { "date": "2025-02-28", "close": 61.049999, "volume": 237654, "typical_volume": 156531.05, "trend": 59.341666, "fair_value": 54.097179, "relative_strength": -11.890855, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.814446, "energy": 72.280731, "activity_lines": [ 61.299333, 60.555636, 59.725952, 59.545247 ] }, { "date": "2025-03-07", "close": 61.029999, "volume": 928923, "typical_volume": 198322.2, "trend": 59.458333, "fair_value": 54.142244, "relative_strength": -13.408007, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.8466, "energy": 62.184318, "activity_lines": [ 61.233333, 60.766727, 59.888952, 59.654172 ] }, { "date": "2025-03-14", "close": 60.599998, "volume": 340993, "typical_volume": 212488.3, "trend": 59.52, "fair_value": 54.164808, "relative_strength": -13.674201, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.078687, "energy": 37.164286, "activity_lines": [ 61.010665, 60.849454, 60.007047, 59.727827 ] }, { "date": "2025-03-21", "close": 61.07, "volume": 461118, "typical_volume": 231418.2, "trend": 59.562666, "fair_value": 54.193462, "relative_strength": -12.405867, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.740491, "energy": 30.172697, "activity_lines": [ 60.962666, 60.980181, 60.164047, 59.827827 ] }, { "date": "2025-03-28", "close": 60.34, "volume": 170366, "typical_volume": 229476.1, "trend": 59.567333, "fair_value": 54.214359, "relative_strength": -11.566207, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.203549, "energy": 22.905206, "activity_lines": [ 60.725999, 60.91109, 60.237952, 59.877978 ] }, { "date": "2025-04-04", "close": 54.790001, "volume": 314674, "typical_volume": 234969.85, "trend": 59.456333, "fair_value": 54.200064, "relative_strength": -12.361219, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -29.166433, "energy": 28.534054, "activity_lines": [ 58.716667, 59.807091, 59.774143, 59.569763 ] }, { "date": "2025-04-11", "close": 54.68, "volume": 334922, "typical_volume": 244212.4, "trend": 59.298333, "fair_value": 54.184551, "relative_strength": -11.124303, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.311736, "energy": 53.100225, "activity_lines": [ 57.088, 58.767636, 59.315143, 59.261613 ] }, { "date": "2025-04-18", "close": 57.279999, "volume": 708119, "typical_volume": 269793.75, "trend": 59.221, "fair_value": 54.188782, "relative_strength": -10.308896, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.461042, "energy": 60.994401, "activity_lines": [ 56.749333, 58.312727, 59.120238, 59.131397 ] }, { "date": "2025-04-25", "close": 58.84, "volume": 267726, "typical_volume": 260154.9, "trend": 59.148, "fair_value": 54.208077, "relative_strength": -11.903933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.084088, "energy": 53.610513, "activity_lines": [ 57.152, 58.206727, 59.080381, 59.106817 ] }, { "date": "2025-05-02", "close": 61.369999, "volume": 1107159, "typical_volume": 304828.9, "trend": 59.201333, "fair_value": 54.264487, "relative_strength": -11.179247, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 8.784954, "energy": 12.645805, "activity_lines": [ 58.546666, 58.616181, 59.285285, 59.250172 ] }, { "date": "2025-05-09", "close": 62.189999, "volume": 300379, "typical_volume": 315023.95, "trend": 59.285333, "fair_value": 54.324167, "relative_strength": -11.298358, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.086245, "energy": 27.224699, "activity_lines": [ 60.145999, 59.17709, 59.558095, 59.442989 ] }, { "date": "2025-05-16", "close": 63.82, "volume": 437321, "typical_volume": 334440.8, "trend": 59.406, "fair_value": 54.391987, "relative_strength": -9.70424, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.155088, "energy": 52.71978, "activity_lines": [ 61.795333, 60.013636, 59.965333, 59.735548 ] }, { "date": "2025-05-23", "close": 63.66, "volume": 226636, "typical_volume": 341194.85, "trend": 59.549, "fair_value": 54.448846, "relative_strength": -9.104293, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.710918, "energy": 66.666457, "activity_lines": [ 62.782, 60.770363, 60.330904, 60.01 ] }, { "date": "2025-05-30", "close": 64.610001, "volume": 96183, "typical_volume": 342652.6, "trend": 59.762, "fair_value": 54.514231, "relative_strength": -8.8377, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.305661, "energy": 78.699271, "activity_lines": [ 63.66, 61.644182, 60.762571, 60.336516 ] }, { "date": "2025-06-06", "close": 65.150002, "volume": 173286, "typical_volume": 345059.25, "trend": 59.986333, "fair_value": 54.598141, "relative_strength": -8.910643, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.66398, "energy": 80.866234, "activity_lines": [ 64.333334, 62.551818, 61.211238, 60.684129 ] }, { "date": "2025-06-13", "close": 64.389999, "volume": 259194, "typical_volume": 352904.95, "trend": 60.199333, "fair_value": 54.694904, "relative_strength": -6.656523, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.885783, "energy": 73.825394, "activity_lines": [ 64.501334, 63.233818, 61.557857, 60.968236 ] }, { "date": "2025-06-20", "close": 63.84, "volume": 293748, "typical_volume": 357861.7, "trend": 60.389333, "fair_value": 54.785417, "relative_strength": -6.494413, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.347958, "energy": 60.264238, "activity_lines": [ 64.339334, 63.641273, 61.828524, 61.203118 ] }, { "date": "2025-06-27", "close": 65.43, "volume": 431832, "typical_volume": 370915.5, "trend": 60.615666, "fair_value": 54.89407, "relative_strength": -6.604658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.789587, "energy": 52.279282, "activity_lines": [ 64.706, 64.171273, 62.236286, 61.528322 ] }, { "date": "2025-07-04", "close": 65.029999, "volume": 153505, "typical_volume": 372170.05, "trend": 60.795333, "fair_value": 54.990769, "relative_strength": -5.915146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.190974, "energy": 51.264726, "activity_lines": [ 64.821333, 64.480364, 62.584238, 61.813118 ] }, { "date": "2025-07-11", "close": 65.870003, "volume": 101943, "typical_volume": 367284.05, "trend": 61.016667, "fair_value": 55.097468, "relative_strength": -6.223735, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.408415, "energy": 69.400239, "activity_lines": [ 65.188667, 64.829637, 62.997238, 62.140516 ] }, { "date": "2025-07-18", "close": 66.139999, "volume": 144655, "typical_volume": 362634.1, "trend": 61.294, "fair_value": 55.190353, "relative_strength": -5.622973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.449057, "energy": 80.261966, "activity_lines": [ 65.598, 65.146182, 63.415143, 62.471054 ] }, { "date": "2025-07-25", "close": 66.330002, "volume": 197338, "typical_volume": 326054.85, "trend": 61.562667, "fair_value": 55.275288, "relative_strength": -4.747571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.6804, "energy": 81.954701, "activity_lines": [ 65.954001, 65.425455, 63.826905, 62.795957 ] }, { "date": "2025-08-01", "close": 64.559998, "volume": 166533, "typical_volume": 317331.85, "trend": 61.763333, "fair_value": 55.351058, "relative_strength": -3.818917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.972714, "energy": 63.309821, "activity_lines": [ 65.554, 65.337273, 64.044857, 62.989333 ] }, { "date": "2025-08-08", "close": 65.959999, "volume": 514835, "typical_volume": 320017.7, "trend": 62.049333, "fair_value": 55.428814, "relative_strength": -4.398764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.354961, "energy": 53.329512, "activity_lines": [ 65.678666, 65.487273, 64.377286, 63.260086 ] }, { "date": "2025-08-15", "close": 65.75, "volume": 108237, "typical_volume": 316911.25, "trend": 62.277, "fair_value": 55.515673, "relative_strength": -5.147577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.702655, "energy": 48.523995, "activity_lines": [ 65.671333, 65.574545, 64.666429, 63.498839 ] }, { "date": "2025-08-22", "close": 66.93, "volume": 207538, "typical_volume": 311554.45, "trend": 62.526667, "fair_value": 55.622211, "relative_strength": -3.158193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.657845, "energy": 54.447947, "activity_lines": [ 66.065333, 65.865454, 65.04219, 63.799032 ] }, { "date": "2025-08-29", "close": 65.459999, "volume": 254209, "typical_volume": 307518.8, "trend": 62.681, "fair_value": 55.727147, "relative_strength": -3.166524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.943516, "energy": 47.79222, "activity_lines": [ 65.916666, 65.842909, 65.220143, 63.988279 ] }, { "date": "2025-09-05", "close": 64.910004, "volume": 207994, "typical_volume": 282512.55, "trend": 62.815667, "fair_value": 55.824102, "relative_strength": -2.456301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.494332, "energy": 35.382254, "activity_lines": [ 65.642668, 65.69091, 65.294381, 64.132086 ] }, { "date": "2025-09-12", "close": 65.610001, "volume": 876698, "typical_volume": 312961.15, "trend": 62.939667, "fair_value": 55.938461, "relative_strength": -1.550661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.536316, "energy": 32.049799, "activity_lines": [ 65.578668, 65.675637, 65.398953, 64.312366 ] }, { "date": "2025-09-19", "close": 65.5, "volume": 200455, "typical_volume": 267625.95, "trend": 63.073, "fair_value": 56.070641, "relative_strength": -1.192466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.624051, "energy": 22.263466, "activity_lines": [ 65.501334, 65.629819, 65.46081, 64.477549 ] }, { "date": "2025-09-26", "close": 65.029999, "volume": 231909, "typical_volume": 264202.45, "trend": 63.205667, "fair_value": 56.204872, "relative_strength": -2.049847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.852667, "energy": 18.278745, "activity_lines": [ 65.284, 65.505273, 65.458238, 64.603807 ] }, { "date": "2025-10-03", "close": 66.669998, "volume": 167156, "typical_volume": 250694.2, "trend": 63.393667, "fair_value": 56.34859, "relative_strength": -1.949419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.730972, "energy": 33.646295, "activity_lines": [ 65.739999, 65.699091, 65.598333, 64.827312 ] }, { "date": "2025-10-10", "close": 65.75, "volume": 229591, "typical_volume": 250841.95, "trend": 63.565333, "fair_value": 56.485769, "relative_strength": -2.507483, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.231524, "energy": 28.126166, "activity_lines": [ 65.808666, 65.719454, 65.637238, 64.979333 ] }, { "date": "2025-10-17", "close": 65.370003, "volume": 154431, "typical_volume": 253754.35, "trend": 63.708667, "fair_value": 56.616955, "relative_strength": -1.183235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.833609, "energy": 24.517477, "activity_lines": [ 65.694667, 65.649091, 65.63, 65.095764 ] }, { "date": "2025-10-24", "close": 78.274002, "volume": 80021, "typical_volume": 249091.1, "trend": 64.306467, "fair_value": 56.817045, "relative_strength": 16.183216, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 91.364523, "energy": 88.223688, "activity_lines": [ 69.898001, 67.935637, 66.848096, 66.035463 ] }, { "date": "2025-10-31", "close": 66.360001, "volume": 106038, "typical_volume": 241433.3, "trend": 64.692134, "fair_value": 56.93775, "relative_strength": -0.167884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.885281, "energy": 59.734923, "activity_lines": [ 69.278401, 67.828292, 66.869029, 66.167949 ] }, { "date": "2025-11-07", "close": 64.43, "volume": 184193, "typical_volume": 235955.55, "trend": 65.017134, "fair_value": 57.02525, "relative_strength": -1.26449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.648247, "energy": 31.786168, "activity_lines": [ 67.926801, 67.380401, 66.696772, 66.151037 ] }, { "date": "2025-11-14", "close": 65.099998, "volume": 508868, "typical_volume": 239807.35, "trend": 65.2778, "fair_value": 57.122718, "relative_strength": -1.318194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.402741, "energy": 22.475223, "activity_lines": [ 66.947867, 67.073055, 66.585515, 66.156383 ] }, { "date": "2025-11-21", "close": 63.84, "volume": 304593, "typical_volume": 247361.75, "trend": 65.444467, "fair_value": 57.205026, "relative_strength": 0.230663, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.656421, "energy": 17.419808, "activity_lines": [ 65.592266, 66.533164, 66.355829, 66.063622 ] }, { "date": "2025-11-28", "close": 66.260002, "volume": 222652, "typical_volume": 253397.2, "trend": 65.607467, "fair_value": 57.301885, "relative_strength": 0.925516, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.175372, "energy": 17.087271, "activity_lines": [ 65.145334, 66.465455, 66.362286, 66.116237 ] }, { "date": "2025-12-05", "close": 66.269997, "volume": 183745, "typical_volume": 255351.7, "trend": 65.743467, "fair_value": 57.404769, "relative_strength": 0.254288, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.844396, "energy": 11.170431, "activity_lines": [ 65.502666, 66.385745, 66.367838, 66.158981 ] }, { "date": "2025-12-12", "close": 65.910004, "volume": 262731, "typical_volume": 258621.35, "trend": 65.813134, "fair_value": 57.515122, "relative_strength": -0.820045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.068126, "energy": 9.748339, "activity_lines": [ 65.746001, 66.218037, 66.338486, 66.169725 ] }, { "date": "2025-12-19", "close": 66.830002, "volume": 188290, "typical_volume": 259709.2, "trend": 65.9188, "fair_value": 57.629609, "relative_strength": 0.252024, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.901046, "energy": 8.730353, "activity_lines": [ 66.197335, 66.231419, 66.398753, 66.23533 ] }, { "date": "2025-12-26", "close": 67.349998, "volume": 182183, "typical_volume": 243076.6, "trend": 66.010134, "fair_value": 57.747205, "relative_strength": 0.922821, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.76691, "energy": 17.753716, "activity_lines": [ 66.706667, 66.319709, 66.497734, 66.327665 ] }, { "date": "2026-01-02", "close": 68.25, "volume": 127464, "typical_volume": 244037.95, "trend": 66.113467, "fair_value": 57.857013, "relative_strength": 1.554589, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.171542, "energy": 23.440049, "activity_lines": [ 67.282, 66.535637, 66.67581, 66.472172 ] }, { "date": "2026-01-09", "close": 70.160004, "volume": 230263, "typical_volume": 245174.2, "trend": 66.3058, "fair_value": 57.972526, "relative_strength": 1.455231, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.50386, "energy": 50.16826, "activity_lines": [ 68.361335, 67.281092, 67.023886, 66.733239 ] }, { "date": "2026-01-16", "close": 70.620003, "volume": 190631, "typical_volume": 241995.3, "trend": 66.531801, "fair_value": 58.089128, "relative_strength": 1.996536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.661164, "energy": 62.017394, "activity_lines": [ 69.334669, 68.041092, 67.400391, 67.011575 ] }, { "date": "2026-01-23", "close": 70.720001, "volume": 450198, "typical_volume": 254105.5, "trend": 66.708134, "fair_value": 58.200859, "relative_strength": 3.721974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.057472, "energy": 74.060383, "activity_lines": [ 70.027335, 68.706729, 67.761849, 67.281781 ] }, { "date": "2026-01-30", "close": 70.580002, "volume": 217537, "typical_volume": 221147.45, "trend": 66.893134, "fair_value": 58.306564, "relative_strength": 4.986416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.974933, "energy": 84.896905, "activity_lines": [ 70.414002, 69.244729, 68.082306, 67.531579 ] }, { "date": "2026-02-06", "close": 70.889999, "volume": 286748, "typical_volume": 225462.1, "trend": 67.060467, "fair_value": 58.418808, "relative_strength": 4.614343, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.591861, "energy": 85.295702, "activity_lines": [ 70.688668, 69.716547, 68.40862, 67.789442 ] }, { "date": "2026-02-13", "close": 70.910004, "volume": 454597, "typical_volume": 236596.5, "trend": 67.219467, "fair_value": 58.527846, "relative_strength": 3.760832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.562244, "energy": 82.533046, "activity_lines": [ 70.794002, 70.10782, 68.711173, 68.037799 ] }, { "date": "2026-02-20", "close": 71.800003, "volume": 477900, "typical_volume": 252133.7, "trend": 67.401801, "fair_value": 58.648231, "relative_strength": 3.564626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.448084, "energy": 85.269856, "activity_lines": [ 71.146002, 70.576547, 69.070487, 68.333317 ] }, { "date": "2026-02-27", "close": 71.870003, "volume": 681877, "typical_volume": 274748.0, "trend": 67.645468, "fair_value": 58.761692, "relative_strength": 3.470836, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.37943, "energy": 76.214364, "activity_lines": [ 71.442669, 70.950911, 69.41204, 68.621588 ] }, { "date": "2026-03-06", "close": 69.129997, "volume": 503388, "typical_volume": 292195.85, "trend": 67.751134, "fair_value": 58.868359, "relative_strength": 6.462369, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.822647, "energy": 47.550344, "activity_lines": [ 70.749334, 70.735456, 69.463496, 68.717364 ] }, { "date": "2026-03-13", "close": 67.199997, "volume": 1115937, "typical_volume": 343991.65, "trend": 67.799467, "fair_value": 58.97791, "relative_strength": 3.957696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.094735, "energy": 15.117733, "activity_lines": [ 69.509333, 70.136728, 69.313239, 68.681807 ] }, { "date": "2026-03-20", "close": 64.919998, "volume": 751560, "typical_volume": 376267.75, "trend": 67.732467, "fair_value": 59.074513, "relative_strength": 5.048412, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -8.261909, "energy": 26.296858, "activity_lines": [ 67.755332, 69.142545, 68.998572, 68.496035 ] }, { "date": "2026-03-27", "close": 65.019997, "volume": 685113, "typical_volume": 401313.75, "trend": 67.717801, "fair_value": 59.159513, "relative_strength": 5.416717, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.844809, "energy": 43.974936, "activity_lines": [ 66.433998, 68.261817, 68.700286, 68.321037 ] }, { "date": "2026-04-03", "close": 67.400002, "volume": 236046, "typical_volume": 387672.65, "trend": 67.8008, "fair_value": 59.263808, "relative_strength": 4.99848, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.84332, "energy": 37.594429, "activity_lines": [ 66.357999, 67.915636, 68.625857, 68.300534 ] }, { "date": "2026-04-10", "close": 69.989998, "volume": 154929, "typical_volume": 380189.45, "trend": 67.9468, "fair_value": 59.376692, "relative_strength": 5.932132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.658017, "energy": 20.57923, "activity_lines": [ 67.443332, 68.100726, 68.787143, 68.441772 ] }, { "date": "2026-04-17", "close": 72.709999, "volume": 206395, "typical_volume": 379376.6, "trend": 68.187134, "fair_value": 59.507782, "relative_strength": 5.869295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.988257, "energy": 25.968781, "activity_lines": [ 69.377999, 68.79109, 69.17819, 68.749075 ] }, { "date": "2026-04-24", "close": 70.82, "volume": 192088, "typical_volume": 379793.75, "trend": 68.380134, "fair_value": 59.624833, "relative_strength": 5.356152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.864449, "energy": 36.379739, "activity_lines": [ 70.315333, 69.104726, 69.358524, 68.918938 ] }, { "date": "2026-05-01", "close": 71.0, "volume": 232258, "typical_volume": 378270.1, "trend": 68.524467, "fair_value": 59.743167, "relative_strength": 4.722268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.517909, "energy": 41.100054, "activity_lines": [ 70.919333, 69.452726, 69.534333, 69.087961 ] }, { "date": "2026-05-08", "close": 72.129997, "volume": 234570, "typical_volume": 380584.1, "trend": 68.737134, "fair_value": 59.868936, "relative_strength": 5.955263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.775799, "energy": 58.489129, "activity_lines": [ 71.501332, 70.020726, 69.793523, 69.320576 ] }, { "date": "2026-05-15", "close": 71.260002, "volume": 94136, "typical_volume": 376181.75, "trend": 68.933467, "fair_value": 59.986372, "relative_strength": 6.161574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.982385, "energy": 56.633088, "activity_lines": [ 71.478, 70.425818, 69.944619, 69.483342 ] }, { "date": "2026-05-22", "close": 73.300003, "volume": 183932, "typical_volume": 379005.15, "trend": 68.767667, "fair_value": 60.124833, "relative_strength": 4.904498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.398186, "energy": 57.129337, "activity_lines": [ 72.050001, 71.163091, 70.271381, 69.765054 ] }, { "date": "2026-05-29", "close": 73.790001, "volume": 144507, "typical_volume": 374717.35, "trend": 69.015334, "fair_value": 60.260154, "relative_strength": 4.519769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.8013, "energy": 59.516076, "activity_lines": [ 72.746001, 71.878546, 70.620762, 70.089076 ] }, { "date": "2026-06-05", "close": 72.410004, "volume": 15737, "typical_volume": 365972.65, "trend": 69.281334, "fair_value": 60.386564, "relative_strength": 3.823689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.994722, "energy": 50.418244, "activity_lines": [ 72.784002, 72.181819, 70.821429, 70.308087 ] }, { "date": "2026-06-12", "close": 72.980003, "volume": 25319, "typical_volume": 344728.7, "trend": 69.544001, "fair_value": 60.513744, "relative_strength": 5.005812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.323755, "energy": 54.999823, "activity_lines": [ 72.918003, 72.454365, 71.067858, 70.54671 ] }, { "date": "2026-06-19", "close": 72.660004, "volume": 16484, "typical_volume": 334676.05, "trend": 69.838001, "fair_value": 60.654128, "relative_strength": 2.956587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.447224, "energy": 48.878215, "activity_lines": [ 72.88867, 72.567275, 71.273049, 70.747743 ] }, { "date": "2026-06-26", "close": 71.779999, "volume": 69711, "typical_volume": 323824.2, "trend": 70.022001, "fair_value": 60.78291, "relative_strength": 2.875655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.374614, "energy": 33.003911, "activity_lines": [ 72.472669, 72.471638, 71.384525, 70.873033 ] }, { "date": "2026-07-03", "close": 73.900002, "volume": 16064, "typical_volume": 301897.55, "trend": 70.276334, "fair_value": 60.930154, "relative_strength": 1.270003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.394273, "energy": 40.848566, "activity_lines": [ 72.864669, 72.778366, 71.693668, 71.123227 ] }, { "date": "2026-07-10", "close": 72.459999, "volume": 155967, "typical_volume": 285800.9, "trend": 70.494667, "fair_value": 61.058744, "relative_strength": 1.99672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.804093, "energy": 32.397819, "activity_lines": [ 72.769334, 72.767274, 71.851429, 71.264108 ] }, { "date": "2026-07-17", "close": 73.199997, "volume": 204915, "typical_volume": 261952.8, "trend": 70.707001, "fair_value": 61.188936, "relative_strength": 3.85959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.965121, "energy": 36.274209, "activity_lines": [ 72.917333, 72.864182, 72.076524, 71.438646 ] }, { "date": "2026-07-24", "close": 73.489998, "volume": 184090, "typical_volume": 245987.9, "trend": 70.911667, "fair_value": 61.317462, "relative_strength": 3.025619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.2657, "energy": 48.614175, "activity_lines": [ 73.147332, 72.994364, 72.322905, 71.618194 ] }, { "date": "2026-07-31", "close": 73.970001, "volume": 81974, "typical_volume": 194289.75, "trend": 71.102334, "fair_value": 61.453615, "relative_strength": 1.46371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.374924, "energy": 48.823666, "activity_lines": [ 73.481999, 73.171273, 72.594239, 71.815506 ] }, { "date": "2026-08-07", "close": 75.779999, "volume": 117047, "typical_volume": 162564.1, "trend": 71.289667, "fair_value": 61.604962, "relative_strength": 1.118384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.472499, "energy": 75.527192, "activity_lines": [ 74.273999, 73.665091, 73.005715, 72.117291 ] } ], "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." } } }