{ "ticker": { "uuid": "225c2339-f14e-4971-86e8-1c371747768e", "symbol": "SJNE", "name": "State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF EUR Hedged (Acc)", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 70.069, "architecture_energy": 42.059, "architecture_maturity": 27.092, "architecture_confidence": 69.767, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 30.7, "rotation_up": 50.61, "upward_expansion": 78.19, "deceleration": 59.51, "rotation_down": 24.43, "downward_expansion": 4.86 }, "activity_lines": [ 34.893333, 34.879273, 34.804905, 34.716269 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 35.02, "trend_reference": 34.659167, "distance_from_trend": 0.010411, "trend_direction": "Improving", "fair_value": 32.564327, "distance_from_fair_value": 0.07541, "fair_value_direction": "Weakening", "relative_strength": -13.3196, "relative_strength_direction": "Weakening", "price_momentum": 0.010678, "excess_performance": -0.160214, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.010411, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.003998, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.07541, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007834, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.133196, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.021699, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.010678, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.238044, "read": "Demand-led" } ], "volume": { "latest": 8786, "relative_activity": 2.4861, "balance": 2.238044, "dry_up": 0.934127, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.005678, "annualized_volatility": 0.034916, "from_high_reference": -0.004831, "from_low_reference": 0.03487 }, "levels": { "trend_reference": 34.659167, "fair_value_reference": 32.564327, "structural_low": 33.84, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.006782, "positive_rate": 0.68, "directional_follow_through": 0.68, "median_excess_return": -0.00014, "regime_survival": 0.8, "best_return": 0.020142, "worst_return": -0.024082, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.014708, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": -0.046978, "regime_survival": 0.666667, "best_return": 0.042841, "worst_return": -0.020391, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.028878, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.112006, "regime_survival": 0.6, "best_return": 0.066355, "worst_return": 0.007375, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.082544, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.113862, "regime_survival": 0.5, "best_return": 0.120684, "worst_return": 0.044404, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": 0.005011, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-03-21", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.010422, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.006085, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.008551, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-10-24", "tenure": "Established", "return": 0.027091, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-12-19", "tenure": "Developing", "return": 0.001739, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-02-27", "tenure": "Developing", "return": 0.004194, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-03-06", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.006891, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.010971, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-12", "tenure": "Developing", "return": 0.008816, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.004158, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 28.625, "volume": 819, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 28.645, "volume": 76, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 28.924999, "volume": 3903, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 28.865, "volume": 217, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 28.84, "volume": 196, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 28.84, "volume": 118, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 28.615, "volume": 2546, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 28.135, "volume": 10253, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 28.315001, "volume": 1606, "typical_volume": 1727.05, "trend": 28.609833, "fair_value": 28.342875, "relative_strength": -5.838539, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.980895, "energy": 56.964777, "activity_lines": [ 28.432, 28.585636, 28.68169, 28.661914 ] }, { "date": "2023-10-20", "close": 27.955, "volume": 455, "typical_volume": 1735.75, "trend": 28.610167, "fair_value": 28.338086, "relative_strength": -3.670233, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.252934, "energy": 74.823553, "activity_lines": [ 28.234, 28.457455, 28.611429, 28.619667 ] }, { "date": "2023-10-27", "close": 28.094999, "volume": 134, "typical_volume": 1730.35, "trend": 28.598833, "fair_value": 28.335122, "relative_strength": -2.610793, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.993586, "energy": 83.103121, "activity_lines": [ 28.141667, 28.37, 28.556357, 28.58643 ] }, { "date": "2023-11-03", "close": 28.825001, "volume": 244, "typical_volume": 1724.75, "trend": 28.607833, "fair_value": 28.341024, "relative_strength": -4.651197, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.970444, "energy": 45.818995, "activity_lines": [ 28.342334, 28.424909, 28.573357, 28.601021 ] }, { "date": "2023-11-10", "close": 28.805, "volume": 318, "typical_volume": 1727.8, "trend": 28.613833, "fair_value": 28.346547, "relative_strength": -3.936828, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.929258, "energy": 16.856704, "activity_lines": [ 28.522333, 28.472909, 28.587905, 28.613742 ] }, { "date": "2023-11-17", "close": 29.045, "volume": 103, "typical_volume": 1723.5, "trend": 28.634, "fair_value": 28.354765, "relative_strength": -6.165575, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 29.211112, "energy": 30.219118, "activity_lines": [ 28.737667, 28.566727, 28.623619, 28.641559 ] }, { "date": "2023-11-24", "close": 29.15, "volume": 56, "typical_volume": 1719.15, "trend": 28.653, "fair_value": 28.364011, "relative_strength": -5.379971, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 63.761024, "energy": 52.590973, "activity_lines": [ 28.939333, 28.676364, 28.667738, 28.674849 ] }, { "date": "2023-12-01", "close": 29.540001, "volume": 3855, "typical_volume": 1897.3, "trend": 28.686333, "fair_value": 28.377529, "relative_strength": -5.433109, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.491832, "energy": 84.903832, "activity_lines": [ 29.191334, 28.851273, 28.746119, 28.732075 ] }, { "date": "2023-12-08", "close": 29.540001, "volume": 0, "typical_volume": 1897.3, "trend": 28.718833, "fair_value": 28.390739, "relative_strength": -6.595493, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.677716, "energy": 90.611739, "activity_lines": [ 29.347001, 29.013455, 28.822, 28.787151 ] }, { "date": "2023-12-15", "close": 30.15, "volume": 381, "typical_volume": 1733.05, "trend": 28.776333, "fair_value": 28.410505, "relative_strength": -4.231951, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.752385, "energy": 97.392642, "activity_lines": [ 29.658334, 29.269728, 28.953476, 28.879484 ] }, { "date": "2023-12-22", "close": 30.325001, "volume": 132, "typical_volume": 1462.6, "trend": 28.842833, "fair_value": 28.431778, "relative_strength": -3.302579, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.029153, "energy": 96.795769, "activity_lines": [ 29.938334, 29.521182, 29.096072, 28.979398 ] }, { "date": "2023-12-29", "close": 30.459999, "volume": 59, "typical_volume": 1273.55, "trend": 28.913333, "fair_value": 28.454066, "relative_strength": -2.57184, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.288096, "energy": 96.066333, "activity_lines": [ 30.178, 29.760637, 29.2445, 29.083731 ] }, { "date": "2024-01-05", "close": 30.135, "volume": 17016, "typical_volume": 2083.4, "trend": 28.9635, "fair_value": 28.472337, "relative_strength": -3.681209, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.570621, "energy": 88.818355, "activity_lines": [ 30.222, 29.895455, 29.354048, 29.162548 ] }, { "date": "2024-01-12", "close": 30.434999, "volume": 8012, "typical_volume": 2480.2, "trend": 29.021, "fair_value": 28.493441, "relative_strength": -2.60838, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.392939, "energy": 91.584172, "activity_lines": [ 30.326333, 30.047727, 29.484976, 29.257484 ] }, { "date": "2024-01-19", "close": 30.375, "volume": 70, "typical_volume": 2288.55, "trend": 29.085167, "fair_value": 28.513457, "relative_strength": -2.002596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.64069, "energy": 88.507299, "activity_lines": [ 30.351, 30.159818, 29.601667, 29.344839 ] }, { "date": "2024-01-26", "close": 30.370001, "volume": 78, "typical_volume": 2281.6, "trend": 29.1405, "fair_value": 28.533, "relative_strength": -2.163327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.933943, "energy": 67.580604, "activity_lines": [ 30.359, 30.242455, 29.710976, 29.427731 ] }, { "date": "2024-02-02", "close": 30.405001, "volume": 429, "typical_volume": 2293.25, "trend": 29.2025, "fair_value": 28.5525, "relative_strength": -2.971381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.669482, "energy": 83.903631, "activity_lines": [ 30.375667, 30.307364, 29.816453, 29.509312 ] }, { "date": "2024-02-09", "close": 30.42, "volume": 4340, "typical_volume": 2504.35, "trend": 29.249333, "fair_value": 28.571752, "relative_strength": -4.161287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.072115, "energy": 76.516848, "activity_lines": [ 30.401, 30.352182, 29.915905, 29.58786 ] }, { "date": "2024-02-16", "close": 30.295, "volume": 3881, "typical_volume": 2571.1, "trend": 29.292, "fair_value": 28.589337, "relative_strength": -6.184195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.28412, "energy": 65.72142, "activity_lines": [ 30.365667, 30.358273, 29.995929, 29.655323 ] }, { "date": "2024-02-23", "close": 30.395, "volume": 591, "typical_volume": 2088.0, "trend": 29.339, "fair_value": 28.607576, "relative_strength": -8.477349, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.34281, "energy": 65.270195, "activity_lines": [ 30.373, 30.368818, 30.077476, 29.726484 ] }, { "date": "2024-03-01", "close": 30.434999, "volume": 7307, "typical_volume": 2373.05, "trend": 29.391833, "fair_value": 28.62585, "relative_strength": -8.846995, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.407897, "energy": 66.318413, "activity_lines": [ 30.392333, 30.382182, 30.152071, 29.797194 ] }, { "date": "2024-03-08", "close": 30.594999, "volume": 446, "typical_volume": 2372.6, "trend": 29.451833, "fair_value": 28.645346, "relative_strength": -9.456429, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.50266, "energy": 68.912198, "activity_lines": [ 30.460666, 30.422636, 30.231809, 29.874817 ] }, { "date": "2024-03-15", "close": 30.535, "volume": 1146, "typical_volume": 2423.2, "trend": 29.5155, "fair_value": 28.663872, "relative_strength": -10.731757, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.311258, "energy": 68.44278, "activity_lines": [ 30.496333, 30.449727, 30.293262, 29.944699 ] }, { "date": "2024-03-22", "close": 30.815001, "volume": 1080, "typical_volume": 2465.0, "trend": 29.587833, "fair_value": 28.684757, "relative_strength": -10.662576, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.524709, "energy": 80.975472, "activity_lines": [ 30.617667, 30.520455, 30.369762, 30.028538 ] }, { "date": "2024-03-29", "close": 30.764999, "volume": 263, "typical_volume": 2462.25, "trend": 29.649167, "fair_value": 28.704759, "relative_strength": -11.572955, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.230329, "energy": 71.424704, "activity_lines": [ 30.687666, 30.575182, 30.432024, 30.104484 ] }, { "date": "2024-04-05", "close": 30.629999, "volume": 214, "typical_volume": 2467.8, "trend": 29.708, "fair_value": 28.723095, "relative_strength": -9.790415, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.638248, "energy": 68.845195, "activity_lines": [ 30.688, 30.598272, 30.472095, 30.167763 ] }, { "date": "2024-04-12", "close": 30.434999, "volume": 173, "typical_volume": 2473.65, "trend": 29.761167, "fair_value": 28.739245, "relative_strength": -9.489988, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.248995, "energy": 64.599279, "activity_lines": [ 30.610333, 30.581181, 30.486047, 30.214667 ] }, { "date": "2024-04-19", "close": 30.219999, "volume": 537, "typical_volume": 2307.75, "trend": 29.807167, "fair_value": 28.753084, "relative_strength": -10.315657, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.747069, "energy": 35.921563, "activity_lines": [ 30.471666, 30.524454, 30.473404, 30.244269 ] }, { "date": "2024-04-26", "close": 30.469999, "volume": 72, "typical_volume": 2311.35, "trend": 29.869, "fair_value": 28.768981, "relative_strength": -10.15118, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.950257, "energy": 26.691153, "activity_lines": [ 30.437332, 30.516817, 30.481333, 30.287032 ] }, { "date": "2024-05-03", "close": 30.57, "volume": 1829, "typical_volume": 2383.75, "trend": 29.950167, "fair_value": 28.785504, "relative_strength": -7.951211, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.995139, "energy": 27.488414, "activity_lines": [ 30.459333, 30.524181, 30.494357, 30.332258 ] }, { "date": "2024-05-10", "close": 30.76, "volume": 381, "typical_volume": 2396.2, "trend": 30.031667, "fair_value": 28.803454, "relative_strength": -9.850856, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.618598, "energy": 34.196612, "activity_lines": [ 30.557666, 30.562909, 30.523476, 30.384505 ] }, { "date": "2024-05-17", "close": 30.959999, "volume": 630, "typical_volume": 2424.75, "trend": 30.131833, "fair_value": 28.822883, "relative_strength": -10.89112, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.161549, "energy": 58.744536, "activity_lines": [ 30.713999, 30.63209, 30.569571, 30.444398 ] }, { "date": "2024-05-24", "close": 30.965, "volume": 4318, "typical_volume": 1789.85, "trend": 30.2275, "fair_value": 28.842009, "relative_strength": -8.23786, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.898388, "energy": 77.577067, "activity_lines": [ 30.837, 30.695545, 30.613761, 30.49815 ] }, { "date": "2024-05-31", "close": 30.809999, "volume": 13000, "typical_volume": 2039.25, "trend": 30.293666, "fair_value": 28.859425, "relative_strength": -8.422764, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.934869, "energy": 74.69995, "activity_lines": [ 30.858666, 30.722999, 30.639238, 30.535731 ] }, { "date": "2024-06-07", "close": 31.045, "volume": 318, "typical_volume": 2051.65, "trend": 30.368333, "fair_value": 28.878596, "relative_strength": -7.88396, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.399535, "energy": 82.113693, "activity_lines": [ 30.936, 30.793272, 30.685309, 30.584204 ] }, { "date": "2024-06-14", "close": 31.08, "volume": 602, "typical_volume": 2077.85, "trend": 30.436167, "fair_value": 28.897739, "relative_strength": -1.994776, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.118208, "energy": 76.370685, "activity_lines": [ 30.993333, 30.864818, 30.731523, 30.630118 ] }, { "date": "2024-06-21", "close": 31.174999, "volume": 57, "typical_volume": 2059.25, "trend": 30.503666, "fair_value": 28.917371, "relative_strength": -3.386028, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.720983, "energy": 79.189941, "activity_lines": [ 31.061, 30.945454, 30.783404, 30.677785 ] }, { "date": "2024-06-28", "close": 31.264999, "volume": 275, "typical_volume": 1856.0, "trend": 30.561166, "fair_value": 28.937436, "relative_strength": -2.511019, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.510402, "energy": 88.611232, "activity_lines": [ 31.144333, 31.028999, 30.84019, 30.726903 ] }, { "date": "2024-07-05", "close": 31.225, "volume": 685, "typical_volume": 1696.2, "trend": 30.617333, "fair_value": 28.956822, "relative_strength": -4.818796, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.580983, "energy": 86.46689, "activity_lines": [ 31.194333, 31.086272, 30.889142, 30.769731 ] }, { "date": "2024-07-12", "close": 31.325001, "volume": 288, "typical_volume": 1681.05, "trend": 30.6565, "fair_value": 28.976723, "relative_strength": -5.951938, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.740094, "energy": 89.071767, "activity_lines": [ 31.25, 31.148, 30.94319, 30.815387 ] }, { "date": "2024-07-19", "close": 31.645, "volume": 20612, "typical_volume": 2346.3, "trend": 30.7005, "fair_value": 28.998958, "relative_strength": -3.822748, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.258535, "energy": 95.031826, "activity_lines": [ 31.393667, 31.254182, 31.023285, 30.879161 ] }, { "date": "2024-07-26", "close": 31.68, "volume": 3358, "typical_volume": 2491.9, "trend": 30.741166, "fair_value": 29.021116, "relative_strength": -2.477009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.283691, "energy": 95.052485, "activity_lines": [ 31.511333, 31.350636, 31.100952, 30.942355 ] }, { "date": "2024-08-02", "close": 31.68, "volume": 0, "typical_volume": 2434.6, "trend": 30.792666, "fair_value": 29.04291, "relative_strength": 3.024962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.494548, "energy": 92.820231, "activity_lines": [ 31.595333, 31.434, 31.173452, 31.002924 ] }, { "date": "2024-08-09", "close": 31.790001, "volume": 2695, "typical_volume": 2515.35, "trend": 30.837833, "fair_value": 29.065244, "relative_strength": 4.191466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.641503, "energy": 94.373748, "activity_lines": [ 31.688334, 31.524364, 31.250976, 31.067269 ] }, { "date": "2024-08-16", "close": 32.095001, "volume": 101, "typical_volume": 2507.25, "trend": 30.895167, "fair_value": 29.089677, "relative_strength": 1.304064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.216586, "energy": 98.529966, "activity_lines": [ 31.845334, 31.652364, 31.352905, 31.148376 ] }, { "date": "2024-08-23", "close": 32.23, "volume": 1665, "typical_volume": 2579.8, "trend": 30.957166, "fair_value": 29.1148, "relative_strength": 0.004763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.550973, "energy": 98.342483, "activity_lines": [ 31.996, 31.785819, 31.461357, 31.234495 ] }, { "date": "2024-08-30", "close": 32.23, "volume": 0, "typical_volume": 2571.15, "trend": 31.018, "fair_value": 29.139524, "relative_strength": -1.957104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.460353, "energy": 95.926827, "activity_lines": [ 32.107667, 31.898364, 31.562191, 31.316613 ] }, { "date": "2024-09-06", "close": 32.375, "volume": 170, "typical_volume": 2552.8, "trend": 31.083166, "fair_value": 29.165, "relative_strength": 1.786971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.508707, "energy": 97.015217, "activity_lines": [ 32.231, 32.018091, 31.668286, 31.404161 ] }, { "date": "2024-09-13", "close": 32.375, "volume": 0, "typical_volume": 2549.2, "trend": 31.1525, "fair_value": 29.190078, "relative_strength": 1.015426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.707016, "energy": 93.933591, "activity_lines": [ 32.308, 32.117637, 31.764119, 31.487505 ] }, { "date": "2024-09-20", "close": 32.599998, "volume": 50, "typical_volume": 2460.25, "trend": 31.226, "fair_value": 29.216511, "relative_strength": 1.221984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.293187, "energy": 97.901093, "activity_lines": [ 32.420999, 32.237182, 31.872309, 31.580892 ] }, { "date": "2024-09-27", "close": 32.845001, "volume": 143, "typical_volume": 2448.35, "trend": 31.306333, "fair_value": 29.244423, "relative_strength": -0.71637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.562693, "energy": 98.415694, "activity_lines": [ 32.582, 32.378091, 31.994167, 31.685344 ] }, { "date": "2024-10-04", "close": 32.705002, "volume": 6406, "typical_volume": 2737.15, "trend": 31.376667, "fair_value": 29.27084, "relative_strength": 2.273323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.299076, "energy": 72.367221, "activity_lines": [ 32.655334, 32.471728, 32.092762, 31.775581 ] }, { "date": "2024-10-11", "close": 32.650002, "volume": 431, "typical_volume": 2542.8, "trend": 31.447167, "fair_value": 29.296439, "relative_strength": 0.079747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.637427, "energy": 68.963416, "activity_lines": [ 32.678668, 32.536728, 32.17781, 31.857731 ] }, { "date": "2024-10-18", "close": 32.700001, "volume": 9855, "typical_volume": 2385.55, "trend": 31.51, "fair_value": 29.32203, "relative_strength": -2.134051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.297577, "energy": 68.480596, "activity_lines": [ 32.700335, 32.593183, 32.259596, 31.938559 ] }, { "date": "2024-10-25", "close": 32.66, "volume": 1576, "typical_volume": 2448.45, "trend": 31.573167, "fair_value": 29.34694, "relative_strength": -0.869083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.809286, "energy": 67.638927, "activity_lines": [ 32.687001, 32.625819, 32.328572, 32.012753 ] }, { "date": "2024-11-01", "close": 32.639999, "volume": 71, "typical_volume": 2421.9, "trend": 31.640167, "fair_value": 29.371333, "relative_strength": -0.514955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.052084, "energy": 66.151664, "activity_lines": [ 32.663, 32.644546, 32.387953, 32.081581 ] }, { "date": "2024-11-08", "close": 32.935001, "volume": 1409, "typical_volume": 2489.5, "trend": 31.7235, "fair_value": 29.397537, "relative_strength": 3.010815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.075841, "energy": 74.026473, "activity_lines": [ 32.751, 32.709455, 32.468, 32.165119 ] }, { "date": "2024-11-15", "close": 32.900002, "volume": 6942, "typical_volume": 2822.85, "trend": 31.812833, "fair_value": 29.423102, "relative_strength": 1.819232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.574025, "energy": 70.75966, "activity_lines": [ 32.812001, 32.755183, 32.536334, 32.241022 ] }, { "date": "2024-11-22", "close": 32.875, "volume": 2810, "typical_volume": 2929.1, "trend": 31.893, "fair_value": 29.448116, "relative_strength": 3.877884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.785334, "energy": 68.168308, "activity_lines": [ 32.848001, 32.786819, 32.594501, 32.309549 ] }, { "date": "2024-11-29", "close": 33.049999, "volume": 7730, "typical_volume": 3301.2, "trend": 31.975667, "fair_value": 29.474029, "relative_strength": 4.676516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.930634, "energy": 73.064231, "activity_lines": [ 32.930667, 32.841182, 32.661477, 32.384194 ] }, { "date": "2024-12-06", "close": 33.105, "volume": 1249, "typical_volume": 2333.05, "trend": 32.053833, "fair_value": 29.499964, "relative_strength": 0.861478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.761654, "energy": 73.04959, "activity_lines": [ 33.005667, 32.897364, 32.725477, 32.457054 ] }, { "date": "2024-12-13", "close": 33.040001, "volume": 8618, "typical_volume": 2596.05, "trend": 32.123167, "fair_value": 29.525071, "relative_strength": 0.355613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.946358, "energy": 68.306339, "activity_lines": [ 33.028, 32.937, 32.776334, 32.520678 ] }, { "date": "2024-12-20", "close": 32.669998, "volume": 2558, "typical_volume": 2723.95, "trend": 32.18, "fair_value": 29.547218, "relative_strength": 2.597986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.28681, "energy": 60.529283, "activity_lines": [ 32.919999, 32.903273, 32.785476, 32.555957 ] }, { "date": "2024-12-27", "close": 32.814999, "volume": 368, "typical_volume": 2607.6, "trend": 32.246833, "fair_value": 29.57007, "relative_strength": 1.951071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.973232, "energy": 45.96752, "activity_lines": [ 32.875666, 32.895545, 32.803714, 32.596925 ] }, { "date": "2025-01-03", "close": 32.93, "volume": 17607, "typical_volume": 3482.9, "trend": 32.309667, "fair_value": 29.593403, "relative_strength": 2.459675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.551762, "energy": 38.378528, "activity_lines": [ 32.873666, 32.906636, 32.828024, 32.641 ] }, { "date": "2025-01-10", "close": 32.904999, "volume": 1996, "typical_volume": 3499.45, "trend": 32.3705, "fair_value": 29.616241, "relative_strength": -0.300567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.452194, "energy": 28.784419, "activity_lines": [ 32.871333, 32.908272, 32.845976, 32.679409 ] }, { "date": "2025-01-17", "close": 33.095001, "volume": 519, "typical_volume": 3525.4, "trend": 32.4345, "fair_value": 29.640068, "relative_strength": -2.802018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.257429, "energy": 48.010732, "activity_lines": [ 32.945666, 32.939636, 32.87881, 32.726151 ] }, { "date": "2025-01-24", "close": 33.220001, "volume": 5410, "typical_volume": 3787.4, "trend": 32.499667, "fair_value": 29.664422, "relative_strength": -2.089771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.661654, "energy": 59.057249, "activity_lines": [ 33.058, 32.990818, 32.919429, 32.776828 ] }, { "date": "2025-01-31", "close": 33.255001, "volume": 1098, "typical_volume": 3842.3, "trend": 32.567334, "fair_value": 29.688682, "relative_strength": -2.55891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.109114, "energy": 65.717317, "activity_lines": [ 33.145334, 33.042546, 32.959357, 32.825559 ] }, { "date": "2025-02-07", "close": 33.195, "volume": 2336, "typical_volume": 3956.6, "trend": 32.629667, "fair_value": 29.712215, "relative_strength": -4.108834, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.360908, "energy": 75.375094, "activity_lines": [ 33.183334, 33.076455, 32.989381, 32.866054 ] }, { "date": "2025-02-14", "close": 33.285, "volume": 4778, "typical_volume": 4188.35, "trend": 32.684334, "fair_value": 29.736033, "relative_strength": -6.031695, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.284837, "energy": 82.740218, "activity_lines": [ 33.233667, 33.124091, 33.025143, 32.908334 ] }, { "date": "2025-02-21", "close": 33.369999, "volume": 7, "typical_volume": 3868.4, "trend": 32.740667, "fair_value": 29.760099, "relative_strength": -6.760798, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.616317, "energy": 81.077083, "activity_lines": [ 33.287, 33.183909, 33.066905, 32.95257 ] }, { "date": "2025-02-28", "close": 33.455002, "volume": 281, "typical_volume": 3860.9, "trend": 32.799834, "fair_value": 29.784408, "relative_strength": -6.976534, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.639461, "energy": 83.153995, "activity_lines": [ 33.350334, 33.253182, 33.113595, 32.998656 ] }, { "date": "2025-03-07", "close": 33.290001, "volume": 1381, "typical_volume": 3437.2, "trend": 32.849834, "fair_value": 29.80732, "relative_strength": -7.184336, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.957537, "energy": 57.14098, "activity_lines": [ 33.343001, 33.278182, 33.140738, 33.03028 ] }, { "date": "2025-03-14", "close": 33.0, "volume": 518, "typical_volume": 3384.3, "trend": 32.88, "fair_value": 29.828052, "relative_strength": -8.052997, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.683893, "energy": 36.263084, "activity_lines": [ 33.236667, 33.241819, 33.137453, 33.039968 ] }, { "date": "2025-03-21", "close": 33.220001, "volume": 985, "typical_volume": 3430.0, "trend": 32.913, "fair_value": 29.849935, "relative_strength": -8.25556, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.493812, "energy": 30.221283, "activity_lines": [ 33.216667, 33.244182, 33.1535, 33.061904 ] }, { "date": "2025-03-28", "close": 32.959999, "volume": 669, "typical_volume": 3393.0, "trend": 32.937334, "fair_value": 29.869872, "relative_strength": -8.210086, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.433095, "energy": 18.99946, "activity_lines": [ 33.114334, 33.193546, 33.142024, 33.064936 ] }, { "date": "2025-04-04", "close": 32.145, "volume": 15504, "typical_volume": 3821.1, "trend": 32.929667, "fair_value": 29.884423, "relative_strength": 0.030956, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -50.921479, "energy": 48.830694, "activity_lines": [ 32.767667, 32.997182, 33.05281, 33.013817 ] }, { "date": "2025-04-11", "close": 31.875, "volume": 11719, "typical_volume": 4266.55, "trend": 32.913, "fair_value": 29.898686, "relative_strength": 0.927026, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.241222, "energy": 82.852712, "activity_lines": [ 32.418333, 32.771273, 32.941476, 32.945774 ] }, { "date": "2025-04-18", "close": 32.419998, "volume": 20788, "typical_volume": 4919.45, "trend": 32.907, "fair_value": 29.917981, "relative_strength": -2.936968, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.114947, "energy": 74.939546, "activity_lines": [ 32.344999, 32.669545, 32.88681, 32.913968 ] }, { "date": "2025-04-25", "close": 32.48, "volume": 150, "typical_volume": 4864.5, "trend": 32.894834, "fair_value": 29.939744, "relative_strength": -6.280393, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.876552, "energy": 83.995503, "activity_lines": [ 32.330333, 32.592818, 32.840857, 32.886419 ] }, { "date": "2025-05-02", "close": 32.865002, "volume": 1474, "typical_volume": 4507.3, "trend": 32.900167, "fair_value": 29.964679, "relative_strength": -7.495323, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.323261, "energy": 56.743655, "activity_lines": [ 32.493334, 32.600727, 32.834548, 32.884495 ] }, { "date": "2025-05-09", "close": 32.935001, "volume": 2806, "typical_volume": 4519.7, "trend": 32.909667, "fair_value": 29.9925, "relative_strength": -9.656222, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.679994, "energy": 20.369143, "activity_lines": [ 32.686001, 32.630546, 32.835738, 32.886742 ] }, { "date": "2025-05-16", "close": 33.334999, "volume": 1635, "typical_volume": 4583.05, "trend": 32.930833, "fair_value": 30.02532, "relative_strength": -11.350725, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.196096, "energy": 25.737944, "activity_lines": [ 32.959334, 32.742545, 32.873762, 32.914183 ] }, { "date": "2025-05-23", "close": 33.064999, "volume": 1175, "typical_volume": 3761.45, "trend": 32.944333, "fair_value": 30.054199, "relative_strength": -9.324645, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 6.104153, "energy": 26.179471, "activity_lines": [ 33.045333, 32.804636, 32.883595, 32.922839 ] }, { "date": "2025-05-30", "close": 33.330002, "volume": 274, "typical_volume": 3675.35, "trend": 32.967334, "fair_value": 30.084776, "relative_strength": -9.87737, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.837933, "energy": 32.599795, "activity_lines": [ 33.176667, 32.913728, 32.918024, 32.947721 ] }, { "date": "2025-06-06", "close": 33.389999, "volume": 267, "typical_volume": 3662.75, "trend": 32.9825, "fair_value": 30.113654, "relative_strength": -10.723864, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.235279, "energy": 44.715167, "activity_lines": [ 33.271333, 33.031727, 32.956143, 32.974989 ] }, { "date": "2025-06-13", "close": 33.615002, "volume": 1568, "typical_volume": 3470.65, "trend": 33.006333, "fair_value": 30.143974, "relative_strength": -7.279978, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.710467, "energy": 70.80744, "activity_lines": [ 33.406001, 33.182819, 33.014286, 33.015796 ] }, { "date": "2025-06-20", "close": 33.59, "volume": 573, "typical_volume": 3444.4, "trend": 33.030167, "fair_value": 30.174135, "relative_strength": -6.702109, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.615476, "energy": 78.113836, "activity_lines": [ 33.487001, 33.302637, 33.068167, 33.053452 ] }, { "date": "2025-06-27", "close": 33.875, "volume": 7171, "typical_volume": 3686.15, "trend": 33.057667, "fair_value": 30.206122, "relative_strength": -6.943535, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.371431, "energy": 85.348845, "activity_lines": [ 33.646, 33.443091, 33.147595, 33.107957 ] }, { "date": "2025-07-04", "close": 34.005001, "volume": 1062, "typical_volume": 3500.35, "trend": 33.087667, "fair_value": 30.238942, "relative_strength": -6.184394, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.690818, "energy": 93.349367, "activity_lines": [ 33.794334, 33.580728, 33.236167, 33.169076 ] }, { "date": "2025-07-11", "close": 33.805, "volume": 251, "typical_volume": 3512.55, "trend": 33.113167, "fair_value": 30.279776, "relative_strength": -7.676275, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.760428, "energy": 87.043494, "activity_lines": [ 33.831, 33.654273, 33.302262, 33.215355 ] }, { "date": "2025-07-18", "close": 33.84, "volume": 406, "typical_volume": 3518.8, "trend": 33.152167, "fair_value": 30.31657, "relative_strength": -7.951676, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.758436, "energy": 87.249253, "activity_lines": [ 33.851667, 33.717091, 33.369619, 33.262248 ] }, { "date": "2025-07-25", "close": 33.985001, "volume": 880, "typical_volume": 3493.75, "trend": 33.191167, "fair_value": 30.354295, "relative_strength": -8.298844, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.836224, "energy": 88.584385, "activity_lines": [ 33.905667, 33.789819, 33.448953, 33.315979 ] }, { "date": "2025-08-01", "close": 33.955002, "volume": 2295, "typical_volume": 3582.6, "trend": 33.225334, "fair_value": 30.391827, "relative_strength": -6.307904, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.590439, "energy": 82.372113, "activity_lines": [ 33.923334, 33.845273, 33.52212, 33.365258 ] }, { "date": "2025-08-08", "close": 34.080002, "volume": 447, "typical_volume": 3555.7, "trend": 33.2645, "fair_value": 30.43016, "relative_strength": -9.412238, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.780585, "energy": 80.710192, "activity_lines": [ 33.977335, 33.907274, 33.602644, 33.420398 ] }, { "date": "2025-08-15", "close": 34.165001, "volume": 50, "typical_volume": 3524.75, "trend": 33.300167, "fair_value": 30.469038, "relative_strength": -11.056801, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.910793, "energy": 86.985925, "activity_lines": [ 34.054668, 33.971092, 33.687167, 33.478495 ] }, { "date": "2025-08-22", "close": 34.279999, "volume": 1033, "typical_volume": 2801.2, "trend": 33.3355, "fair_value": 30.508654, "relative_strength": -11.795916, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.808166, "energy": 93.661014, "activity_lines": [ 34.146334, 34.041728, 33.776905, 33.54171 ] }, { "date": "2025-08-29", "close": 34.34, "volume": 5760, "typical_volume": 2503.25, "trend": 33.371667, "fair_value": 30.548654, "relative_strength": -9.067495, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.69481, "energy": 94.943145, "activity_lines": [ 34.228667, 34.111182, 33.862191, 33.606517 ] }, { "date": "2025-09-05", "close": 34.27, "volume": 744, "typical_volume": 1501.05, "trend": 33.4075, "fair_value": 30.588205, "relative_strength": -7.675142, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.793477, "energy": 89.231767, "activity_lines": [ 34.264, 34.154273, 33.929072, 33.664474 ] }, { "date": "2025-09-12", "close": 34.525002, "volume": 1015, "typical_volume": 1544.3, "trend": 33.448834, "fair_value": 30.629391, "relative_strength": -8.779923, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.857726, "energy": 95.266435, "activity_lines": [ 34.363334, 34.236546, 34.011429, 33.73657 ] }, { "date": "2025-09-19", "close": 34.650002, "volume": 2278, "typical_volume": 1584.5, "trend": 33.491501, "fair_value": 30.679006, "relative_strength": -7.606997, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.080088, "energy": 89.824781, "activity_lines": [ 34.474668, 34.332092, 34.095953, 33.814065 ] }, { "date": "2025-09-26", "close": 34.605, "volume": 2168, "typical_volume": 1552.6, "trend": 33.529834, "fair_value": 30.728333, "relative_strength": -8.182005, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.37433, "energy": 75.972899, "activity_lines": [ 34.538668, 34.404092, 34.167691, 33.885904 ] }, { "date": "2025-10-03", "close": 34.575001, "volume": 2211, "typical_volume": 1581.4, "trend": 33.572667, "fair_value": 30.776731, "relative_strength": -9.21523, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.583921, "energy": 81.014558, "activity_lines": [ 34.571001, 34.456728, 34.22862, 33.953334 ] }, { "date": "2025-10-10", "close": 34.395, "volume": 601, "typical_volume": 1552.7, "trend": 33.619167, "fair_value": 30.827212, "relative_strength": -6.816894, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.164461, "energy": 67.892572, "activity_lines": [ 34.527667, 34.46591, 34.266501, 34.006388 ] }, { "date": "2025-10-17", "close": 34.330002, "volume": 150, "typical_volume": 1546.5, "trend": 33.656167, "fair_value": 30.876186, "relative_strength": -6.127538, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.778464, "energy": 59.599786, "activity_lines": [ 34.454334, 34.455274, 34.291858, 34.052248 ] }, { "date": "2025-10-24", "close": 34.5, "volume": 2388, "typical_volume": 1652.55, "trend": 33.707501, "fair_value": 30.921763, "relative_strength": -7.021774, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.69254, "energy": 56.731934, "activity_lines": [ 34.450667, 34.471001, 34.328644, 34.106689 ] }, { "date": "2025-10-31", "close": 34.5, "volume": 0, "typical_volume": 1574.15, "trend": 33.786001, "fair_value": 30.970032, "relative_strength": -8.215976, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.851391, "energy": 52.6298, "activity_lines": [ 34.457, 34.480637, 34.360144, 34.157818 ] }, { "date": "2025-11-07", "close": 34.290001, "volume": 1304, "typical_volume": 1610.7, "trend": 33.866501, "fair_value": 31.012724, "relative_strength": -7.872355, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.824487, "energy": 40.230124, "activity_lines": [ 34.400334, 34.448092, 34.367429, 34.190334 ] }, { "date": "2025-11-14", "close": 34.314999, "volume": 129, "typical_volume": 1258.6, "trend": 33.929667, "fair_value": 31.055289, "relative_strength": -9.697204, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.649552, "energy": 33.545727, "activity_lines": [ 34.371, 34.421, 34.373762, 34.219269 ] }, { "date": "2025-11-21", "close": 34.294998, "volume": 600, "typical_volume": 1235.5, "trend": 33.990167, "fair_value": 31.096699, "relative_strength": -6.560411, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.88912, "energy": 21.95035, "activity_lines": [ 34.340333, 34.389454, 34.376096, 34.242839 ] }, { "date": "2025-11-28", "close": 34.294998, "volume": 0, "typical_volume": 1222.95, "trend": 34.037834, "fair_value": 31.136218, "relative_strength": -7.649307, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.291267, "energy": 21.580563, "activity_lines": [ 34.311999, 34.36209, 34.377048, 34.262506 ] }, { "date": "2025-12-05", "close": 34.575001, "volume": 3981, "typical_volume": 1401.7, "trend": 34.0925, "fair_value": 31.177885, "relative_strength": -6.730263, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.725331, "energy": 26.786258, "activity_lines": [ 34.390666, 34.392091, 34.402333, 34.297162 ] }, { "date": "2025-12-12", "close": 34.369999, "volume": 1210, "typical_volume": 1418.2, "trend": 34.127, "fair_value": 31.218269, "relative_strength": -7.127031, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.939952, "energy": 23.60992, "activity_lines": [ 34.395999, 34.385363, 34.404595, 34.315065 ] }, { "date": "2025-12-19", "close": 34.560001, "volume": 5341, "typical_volume": 1570.5, "trend": 34.176834, "fair_value": 31.260705, "relative_strength": -8.806288, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.551861, "energy": 40.646485, "activity_lines": [ 34.459333, 34.416909, 34.423119, 34.343 ] }, { "date": "2025-12-26", "close": 34.575001, "volume": 1484, "typical_volume": 1622.35, "trend": 34.218334, "fair_value": 31.304936, "relative_strength": -8.070572, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.280651, "energy": 60.216994, "activity_lines": [ 34.511334, 34.448182, 34.440191, 34.368688 ] }, { "date": "2026-01-02", "close": 34.555, "volume": 10539, "typical_volume": 2146.8, "trend": 34.257167, "fair_value": 31.347628, "relative_strength": -9.255973, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.605211, "energy": 61.792813, "activity_lines": [ 34.538, 34.471364, 34.453, 34.390409 ] }, { "date": "2026-01-09", "close": 34.630001, "volume": 4965, "typical_volume": 2343.4, "trend": 34.291, "fair_value": 31.385513, "relative_strength": -9.370876, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.913585, "energy": 71.050643, "activity_lines": [ 34.572334, 34.507182, 34.471095, 34.414463 ] }, { "date": "2026-01-16", "close": 34.810001, "volume": 483, "typical_volume": 2079.55, "trend": 34.331667, "fair_value": 31.42516, "relative_strength": -8.74076, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.085034, "energy": 80.129968, "activity_lines": [ 34.663001, 34.573364, 34.504667, 34.447947 ] }, { "date": "2026-01-23", "close": 34.849998, "volume": 607, "typical_volume": 2072.7, "trend": 34.364167, "fair_value": 31.464231, "relative_strength": -6.35982, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.948734, "energy": 82.923812, "activity_lines": [ 34.737667, 34.637364, 34.53981, 34.481387 ] }, { "date": "2026-01-30", "close": 34.830002, "volume": 20274, "typical_volume": 3035.65, "trend": 34.391667, "fair_value": 31.501346, "relative_strength": -7.527833, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.569253, "energy": 79.499268, "activity_lines": [ 34.786334, 34.688, 34.570286, 34.511441 ] }, { "date": "2026-02-06", "close": 34.650002, "volume": 17266, "typical_volume": 3785.05, "trend": 34.419834, "fair_value": 31.540513, "relative_strength": -8.408377, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.907488, "energy": 67.514566, "activity_lines": [ 34.758001, 34.696183, 34.582167, 34.528108 ] }, { "date": "2026-02-13", "close": 34.709999, "volume": 1575, "typical_volume": 3755.4, "trend": 34.448834, "fair_value": 31.582789, "relative_strength": -7.105537, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.737713, "energy": 50.434458, "activity_lines": [ 34.743334, 34.708819, 34.599762, 34.546828 ] }, { "date": "2026-02-20", "close": 34.740002, "volume": 5856, "typical_volume": 3937.65, "trend": 34.474, "fair_value": 31.626058, "relative_strength": -8.851995, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.737947, "energy": 40.618525, "activity_lines": [ 34.733334, 34.724455, 34.619715, 34.565613 ] }, { "date": "2026-02-27", "close": 34.720001, "volume": 7185, "typical_volume": 4266.85, "trend": 34.4995, "fair_value": 31.667436, "relative_strength": -10.052303, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.312382, "energy": 27.829774, "activity_lines": [ 34.721334, 34.729728, 34.636977, 34.581484 ] }, { "date": "2026-03-06", "close": 34.57, "volume": 12040, "typical_volume": 4861.35, "trend": 34.515834, "fair_value": 31.70843, "relative_strength": -4.05832, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.662844, "energy": 18.97291, "activity_lines": [ 34.668001, 34.704819, 34.638405, 34.586033 ] }, { "date": "2026-03-13", "close": 34.105, "volume": 30762, "typical_volume": 6280.05, "trend": 34.513834, "fair_value": 31.748301, "relative_strength": -5.513901, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -29.156294, "energy": 28.122636, "activity_lines": [ 34.477, 34.595455, 34.594405, 34.559527 ] }, { "date": "2026-03-20", "close": 34.09, "volume": 5791, "typical_volume": 6569.6, "trend": 34.5075, "fair_value": 31.787692, "relative_strength": -2.173886, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.820963, "energy": 47.246824, "activity_lines": [ 34.317334, 34.491546, 34.550858, 34.532183 ] }, { "date": "2026-03-27", "close": 33.869999, "volume": 7840, "typical_volume": 6896.4, "trend": 34.491834, "fair_value": 31.822532, "relative_strength": -3.851463, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.348731, "energy": 83.948119, "activity_lines": [ 34.125666, 34.357455, 34.48831, 34.491054 ] }, { "date": "2026-04-03", "close": 34.18, "volume": 5372, "typical_volume": 7158.55, "trend": 34.488834, "fair_value": 31.85859, "relative_strength": -7.356116, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.214645, "energy": 76.003245, "activity_lines": [ 34.095333, 34.296818, 34.457286, 34.470936 ] }, { "date": "2026-04-10", "close": 34.5, "volume": 2004, "typical_volume": 7228.75, "trend": 34.488, "fair_value": 31.89625, "relative_strength": -9.931376, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.255451, "energy": 58.190336, "activity_lines": [ 34.207666, 34.306545, 34.457381, 34.471656 ] }, { "date": "2026-04-17", "close": 34.535, "volume": 1382, "typical_volume": 7297.85, "trend": 34.484167, "fair_value": 31.935321, "relative_strength": -11.754636, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.647905, "energy": 24.569994, "activity_lines": [ 34.336333, 34.328636, 34.459834, 34.474688 ] }, { "date": "2026-04-24", "close": 34.555, "volume": 2123, "typical_volume": 7204.95, "trend": 34.4825, "fair_value": 31.973622, "relative_strength": -9.140672, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.024409, "energy": 18.454533, "activity_lines": [ 34.443, 34.356455, 34.463048, 34.479258 ] }, { "date": "2026-05-01", "close": 34.595001, "volume": 1028, "typical_volume": 7195.85, "trend": 34.483167, "fair_value": 32.012436, "relative_strength": -9.842841, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.010403, "energy": 23.287763, "activity_lines": [ 34.532, 34.394364, 34.470167, 34.486516 ] }, { "date": "2026-05-08", "close": 34.720001, "volume": 2656, "typical_volume": 7061.6, "trend": 34.494, "fair_value": 32.051891, "relative_strength": -11.14968, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.624457, "energy": 26.274673, "activity_lines": [ 34.614334, 34.457637, 34.488119, 34.501796 ] }, { "date": "2026-05-15", "close": 34.705002, "volume": 228, "typical_volume": 6998.8, "trend": 34.5065, "fair_value": 32.092148, "relative_strength": -10.627736, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.4768, "energy": 28.408705, "activity_lines": [ 34.655668, 34.518182, 34.503881, 34.515409 ] }, { "date": "2026-05-22", "close": 34.625, "volume": 6921, "typical_volume": 6817.9, "trend": 34.510667, "fair_value": 32.1325, "relative_strength": -11.246608, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.088955, "energy": 31.093987, "activity_lines": [ 34.656668, 34.561728, 34.511405, 34.523054 ] }, { "date": "2026-05-29", "close": 34.814999, "volume": 16352, "typical_volume": 7387.25, "trend": 34.521167, "fair_value": 32.173974, "relative_strength": -11.40438, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.243184, "energy": 37.167958, "activity_lines": [ 34.715, 34.630364, 34.536691, 34.542688 ] }, { "date": "2026-06-05", "close": 34.689999, "volume": 1441, "typical_volume": 7435.15, "trend": 34.5345, "fair_value": 32.212821, "relative_strength": -11.191324, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.980407, "energy": 30.005712, "activity_lines": [ 34.714333, 34.663091, 34.549191, 34.553581 ] }, { "date": "2026-06-12", "close": 34.900002, "volume": 85, "typical_volume": 7409.05, "trend": 34.554, "fair_value": 32.2525, "relative_strength": -13.063721, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.906431, "energy": 46.967951, "activity_lines": [ 34.777334, 34.719091, 34.582262, 34.577162 ] }, { "date": "2026-06-19", "close": 34.875, "volume": 32, "typical_volume": 6396.95, "trend": 34.573334, "fair_value": 32.293686, "relative_strength": -14.93649, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.779324, "energy": 53.602294, "activity_lines": [ 34.82, 34.757455, 34.612715, 34.597871 ] }, { "date": "2026-06-26", "close": 34.830002, "volume": 2788, "typical_volume": 5673.05, "trend": 34.591167, "fair_value": 32.332917, "relative_strength": -12.044202, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.527356, "energy": 49.505711, "activity_lines": [ 34.836334, 34.780819, 34.638667, 34.614431 ] }, { "date": "2026-07-03", "close": 34.849998, "volume": 3856, "typical_volume": 5787.1, "trend": 34.600334, "fair_value": 32.373333, "relative_strength": -14.158886, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.607054, "energy": 55.523289, "activity_lines": [ 34.845667, 34.802455, 34.665667, 34.631129 ] }, { "date": "2026-07-10", "close": 34.895, "volume": 3368, "typical_volume": 5662.7, "trend": 34.617834, "fair_value": 32.411026, "relative_strength": -13.322239, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.190619, "energy": 54.973534, "activity_lines": [ 34.867667, 34.826909, 34.696286, 34.65014 ] }, { "date": "2026-07-17", "close": 34.985001, "volume": 920, "typical_volume": 5349.45, "trend": 34.632, "fair_value": 32.449295, "relative_strength": -11.505316, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.895823, "energy": 55.5614, "activity_lines": [ 34.906, 34.862273, 34.734738, 34.673828 ] }, { "date": "2026-07-24", "close": 34.785, "volume": 3420, "typical_volume": 4918.45, "trend": 34.639, "fair_value": 32.486475, "relative_strength": -11.511361, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.595805, "energy": 37.148273, "activity_lines": [ 34.872, 34.856455, 34.752881, 34.683699 ] }, { "date": "2026-07-31", "close": 34.77, "volume": 79, "typical_volume": 3384.3, "trend": 34.646167, "fair_value": 32.524423, "relative_strength": -11.767851, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.597871, "energy": 28.198728, "activity_lines": [ 34.839, 34.846455, 34.768572, 34.692151 ] }, { "date": "2026-08-07", "close": 35.02, "volume": 8786, "typical_volume": 3534.05, "trend": 34.659167, "fair_value": 32.564327, "relative_strength": -13.3196, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.068562, "energy": 42.059117, "activity_lines": [ 34.893333, 34.879273, 34.804905, 34.716269 ] } ], "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." } } }