{ "ticker": { "uuid": "246eef18-3c00-4b64-ba89-c888280aab1a", "symbol": "TPHU", "name": "Amundi Index Solutions - Amundi Japan Topix UCITS ETF-C USD Hedged", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.301, "architecture_energy": 49.306, "architecture_maturity": 86.932, "architecture_confidence": 64.614, "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": 22.62, "rotation_up": 48.68, "upward_expansion": 76.19, "deceleration": 68.62, "rotation_down": 28.61, "downward_expansion": 11.86 }, "activity_lines": [ 207.530001, 207.237272, 203.925952, 200.065247 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 211.725006, "trend_reference": 195.274166, "distance_from_trend": 0.084245, "trend_direction": "Improving", "fair_value": 142.473526, "distance_from_fair_value": 0.486066, "fair_value_direction": "Improving", "relative_strength": 7.89032, "relative_strength_direction": "Weakening", "price_momentum": 0.11799, "excess_performance": 0.066755, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084245, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.065796, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.486066, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.013334, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.078903, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.048686, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.11799, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.657035, "read": "Supply-led" } ], "volume": { "latest": 103, "relative_activity": 0.067118, "balance": 0.657035, "dry_up": 1.353284, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.026131, "annualized_volatility": 0.187975, "from_high_reference": -0.001062, "from_low_reference": 0.409151 }, "levels": { "trend_reference": 195.274166, "fair_value_reference": 142.473526, "structural_low": 175.440002, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 44, "median_return": 0.014894, "positive_rate": 0.613636, "directional_follow_through": 0.613636, "median_excess_return": 0.007941, "regime_survival": 0.818182, "best_return": 0.0847, "worst_return": -0.102431, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.053432, "positive_rate": 0.866667, "directional_follow_through": 0.866667, "median_excess_return": 0.029662, "regime_survival": 0.733333, "best_return": 0.171399, "worst_return": -0.039767, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.100029, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.065757, "regime_survival": 0.625, "best_return": 0.270615, "worst_return": -0.094323, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.26002, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.104611, "regime_survival": 0.75, "best_return": 0.329757, "worst_return": -0.02467, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-12", "end": "2024-05-03", "tenure": "Established", "return": 0.104767, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-17", "tenure": "New", "return": 0.004225, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-07-26", "tenure": "Developing", "return": -0.002131, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": 0.089468, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-23", "end": "2024-09-27", "tenure": "Developing", "return": -0.000321, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-12-13", "tenure": "Developing", "return": 0.010605, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-03-28", "tenure": "Established", "return": 0.013199, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.071992, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.022314, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.010621, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.026304, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2026-03-20", "tenure": "Extended", "return": 0.311465, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.091112, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.118227, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 97.690002, "volume": 1011, "typical_volume": 1223.1, "trend": 91.117501, "fair_value": 79.552981, "relative_strength": 17.137758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.644187, "energy": 56.1406, "activity_lines": [ 99.361333, 99.166272, 97.358667, 94.660678 ] }, { "date": "2023-08-25", "close": 99.495003, "volume": 0, "typical_volume": 1223.1, "trend": 91.657834, "fair_value": 79.784583, "relative_strength": 17.521373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.914138, "energy": 49.400062, "activity_lines": [ 99.315668, 99.241273, 97.809238, 95.201162 ] }, { "date": "2023-09-01", "close": 102.839996, "volume": 1570, "typical_volume": 1125.95, "trend": 92.309334, "fair_value": 80.037308, "relative_strength": 18.856255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.19145, "energy": 61.34268, "activity_lines": [ 100.379, 99.931727, 98.505309, 95.922591 ] }, { "date": "2023-09-08", "close": 103.709999, "volume": 5957, "typical_volume": 1414.25, "trend": 92.986, "fair_value": 80.286859, "relative_strength": 19.068515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.486262, "energy": 65.192017, "activity_lines": [ 101.622999, 100.686454, 99.207024, 96.658118 ] }, { "date": "2023-09-15", "close": 106.120003, "volume": 0, "typical_volume": 1414.25, "trend": 93.731334, "fair_value": 80.551314, "relative_strength": 17.599031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.646918, "energy": 91.99912, "activity_lines": [ 103.376, 101.809455, 100.0615, 97.505473 ] }, { "date": "2023-09-22", "close": 104.75, "volume": 0, "typical_volume": 1389.25, "trend": 94.442667, "fair_value": 80.809423, "relative_strength": 15.990032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.250724, "energy": 88.306862, "activity_lines": [ 104.302334, 102.536909, 100.70181, 98.216355 ] }, { "date": "2023-09-29", "close": 103.25, "volume": 3942, "typical_volume": 1586.35, "trend": 95.029833, "fair_value": 81.056282, "relative_strength": 15.016856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.36168, "energy": 84.016526, "activity_lines": [ 104.258, 102.853727, 101.123405, 98.78457 ] }, { "date": "2023-10-06", "close": 100.870003, "volume": 0, "typical_volume": 1524.3, "trend": 95.544167, "fair_value": 81.28218, "relative_strength": 13.654149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.112497, "energy": 55.98703, "activity_lines": [ 103.170001, 102.66791, 101.257405, 99.161355 ] }, { "date": "2023-10-13", "close": 101.720001, "volume": 568, "typical_volume": 1529.0, "trend": 96.219334, "fair_value": 81.51875, "relative_strength": 12.664503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.320192, "energy": 36.002272, "activity_lines": [ 102.496668, 102.642637, 101.433619, 99.559796 ] }, { "date": "2023-10-20", "close": 99.779999, "volume": 237, "typical_volume": 1533.3, "trend": 96.806667, "fair_value": 81.743205, "relative_strength": 13.049242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.229895, "energy": 23.473054, "activity_lines": [ 101.309334, 102.220546, 101.386334, 99.789516 ] }, { "date": "2023-10-27", "close": 99.550003, "volume": 0, "typical_volume": 1518.7, "trend": 97.2455, "fair_value": 81.974423, "relative_strength": 14.06595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.240845, "energy": 23.634423, "activity_lines": [ 100.468001, 101.771001, 101.297143, 99.966506 ] }, { "date": "2023-11-03", "close": 106.370003, "volume": 0, "typical_volume": 1506.9, "trend": 97.986167, "fair_value": 82.231731, "relative_strength": 19.149458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.346393, "energy": 29.282437, "activity_lines": [ 102.246669, 102.527638, 101.842334, 100.555183 ] }, { "date": "2023-11-10", "close": 104.440002, "volume": 2521, "typical_volume": 1580.45, "trend": 98.58, "fair_value": 82.463398, "relative_strength": 17.326899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.940591, "energy": 34.771071, "activity_lines": [ 103.174002, 102.808365, 102.172882, 100.97156 ] }, { "date": "2023-11-17", "close": 106.610001, "volume": 866, "typical_volume": 1623.7, "trend": 99.214001, "fair_value": 82.702693, "relative_strength": 16.896372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.1256, "energy": 57.800977, "activity_lines": [ 104.586668, 103.454547, 102.677882, 101.489624 ] }, { "date": "2023-11-24", "close": 107.18, "volume": 0, "typical_volume": 1263.65, "trend": 99.835167, "fair_value": 82.932789, "relative_strength": 17.210973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.099674, "energy": 76.182173, "activity_lines": [ 105.863335, 104.151638, 103.205049, 102.00356 ] }, { "date": "2023-12-01", "close": 106.489998, "volume": 15350, "typical_volume": 2031.15, "trend": 100.424167, "fair_value": 83.160225, "relative_strength": 15.208228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.603628, "energy": 74.564381, "activity_lines": [ 106.416667, 104.704001, 103.623096, 102.432904 ] }, { "date": "2023-12-08", "close": 104.309998, "volume": 300, "typical_volume": 1788.0, "trend": 100.886, "fair_value": 83.375513, "relative_strength": 11.978719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.819647, "energy": 62.924749, "activity_lines": [ 105.780666, 104.828364, 103.78912, 102.683603 ] }, { "date": "2023-12-15", "close": 103.660004, "volume": 1631, "typical_volume": 1697.65, "trend": 101.250167, "fair_value": 83.58125, "relative_strength": 10.499477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.652657, "energy": 37.96329, "activity_lines": [ 105.065334, 104.815273, 103.869882, 102.862571 ] }, { "date": "2023-12-22", "close": 105.019997, "volume": 4708, "typical_volume": 1933.05, "trend": 101.631334, "fair_value": 83.800385, "relative_strength": 9.664398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.006277, "energy": 26.433809, "activity_lines": [ 104.855333, 104.998727, 104.068453, 103.105785 ] }, { "date": "2023-12-29", "close": 106.669998, "volume": 470, "typical_volume": 1956.55, "trend": 102.001, "fair_value": 84.02109, "relative_strength": 10.322721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.703649, "energy": 29.368965, "activity_lines": [ 105.301332, 105.422181, 104.396905, 103.43086 ] }, { "date": "2024-01-05", "close": 108.419998, "volume": 0, "typical_volume": 1906.0, "trend": 102.402667, "fair_value": 84.240385, "relative_strength": 12.100114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.957725, "energy": 46.725345, "activity_lines": [ 106.364665, 106.038545, 104.862976, 103.844989 ] }, { "date": "2024-01-12", "close": 112.440002, "volume": 4085, "typical_volume": 2110.25, "trend": 102.820834, "fair_value": 84.488398, "relative_strength": 16.408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.037654, "energy": 85.234974, "activity_lines": [ 108.639333, 107.224545, 105.66081, 104.492559 ] }, { "date": "2024-01-19", "close": 113.220001, "volume": 221, "typical_volume": 2042.8, "trend": 103.339, "fair_value": 84.741442, "relative_strength": 18.935848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.574001, "energy": 92.853686, "activity_lines": [ 110.632, 108.442, 106.471286, 105.163473 ] }, { "date": "2024-01-26", "close": 113.410004, "volume": 245, "typical_volume": 1757.2, "trend": 103.7905, "fair_value": 85.002885, "relative_strength": 15.712786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.313085, "energy": 92.369596, "activity_lines": [ 112.050668, 109.534364, 107.250429, 105.813216 ] }, { "date": "2024-02-02", "close": 114.919998, "volume": 6281, "typical_volume": 2071.25, "trend": 104.352334, "fair_value": 85.254904, "relative_strength": 16.759515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.345408, "energy": 94.55897, "activity_lines": [ 113.413334, 110.777637, 108.127191, 106.531248 ] }, { "date": "2024-02-09", "close": 115.550003, "volume": 0, "typical_volume": 2071.25, "trend": 104.965167, "fair_value": 85.499423, "relative_strength": 17.248683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.719609, "energy": 93.660146, "activity_lines": [ 114.436002, 111.994728, 109.022048, 107.253678 ] }, { "date": "2024-02-16", "close": 118.510002, "volume": 50, "typical_volume": 1876.65, "trend": 105.602, "fair_value": 85.762116, "relative_strength": 17.233724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.900943, "energy": 97.200742, "activity_lines": [ 115.970002, 113.585274, 110.147382, 108.127538 ] }, { "date": "2024-02-23", "close": 120.989998, "volume": 0, "typical_volume": 1876.65, "trend": 106.261667, "fair_value": 86.056955, "relative_strength": 18.879107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.834871, "energy": 97.990406, "activity_lines": [ 117.926, 115.368546, 111.436238, 109.120312 ] }, { "date": "2024-03-01", "close": 122.610001, "volume": 90, "typical_volume": 1852.75, "trend": 107.038834, "fair_value": 86.359904, "relative_strength": 19.938689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.046015, "energy": 97.288717, "activity_lines": [ 119.904, 117.131273, 112.783572, 110.175044 ] }, { "date": "2024-03-08", "close": 122.790001, "volume": 333, "typical_volume": 1857.55, "trend": 107.779501, "fair_value": 86.649584, "relative_strength": 19.607341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.540501, "energy": 94.707373, "activity_lines": [ 121.328667, 118.60691, 114.048572, 111.191248 ] }, { "date": "2024-03-15", "close": 121.309998, "volume": 1492, "typical_volume": 1932.15, "trend": 108.566834, "fair_value": 86.914327, "relative_strength": 16.363597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.603034, "energy": 87.497727, "activity_lines": [ 121.735333, 119.520364, 115.063048, 112.064183 ] }, { "date": "2024-03-22", "close": 127.120003, "volume": 18000, "typical_volume": 2832.15, "trend": 109.487667, "fair_value": 87.219904, "relative_strength": 17.978154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.26305, "energy": 84.332443, "activity_lines": [ 123.694667, 121.255819, 116.527239, 113.261162 ] }, { "date": "2024-03-29", "close": 126.379997, "volume": 0, "typical_volume": 2706.1, "trend": 110.272334, "fair_value": 87.522725, "relative_strength": 16.219118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.123564, "energy": 73.777954, "activity_lines": [ 124.833333, 122.589818, 117.822143, 114.35099 ] }, { "date": "2024-04-05", "close": 124.419998, "volume": 0, "typical_volume": 2662.8, "trend": 110.962667, "fair_value": 87.813686, "relative_strength": 14.235097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.039415, "energy": 67.875331, "activity_lines": [ 124.959332, 123.328181, 118.825905, 115.263742 ] }, { "date": "2024-04-12", "close": 125.150002, "volume": 3761, "typical_volume": 2850.85, "trend": 111.597, "fair_value": 88.110417, "relative_strength": 12.959032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.771945, "energy": 67.567345, "activity_lines": [ 125.208, 123.999091, 119.814381, 116.179054 ] }, { "date": "2024-04-19", "close": 121.949997, "volume": 513, "typical_volume": 2109.0, "trend": 112.170334, "fair_value": 88.397244, "relative_strength": 10.78758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.073451, "energy": 63.920102, "activity_lines": [ 124.232666, 123.902181, 120.412524, 116.846989 ] }, { "date": "2024-04-26", "close": 124.400002, "volume": 166, "typical_volume": 2102.3, "trend": 112.875334, "fair_value": 88.704968, "relative_strength": 9.020519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.0471, "energy": 57.619822, "activity_lines": [ 124.031333, 124.134363, 121.170381, 117.636 ] }, { "date": "2024-05-03", "close": 124.220001, "volume": 804, "typical_volume": 2060.95, "trend": 113.653667, "fair_value": 89.003109, "relative_strength": 7.340359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.589883, "energy": 53.090385, "activity_lines": [ 123.951334, 124.226727, 121.815429, 118.367914 ] }, { "date": "2024-05-10", "close": 125.449997, "volume": 0, "typical_volume": 1825.55, "trend": 114.444667, "fair_value": 89.321122, "relative_strength": 5.111091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.711777, "energy": 53.229619, "activity_lines": [ 124.425333, 124.483999, 122.479714, 119.128968 ] }, { "date": "2024-05-17", "close": 125.980003, "volume": 60, "typical_volume": 1805.05, "trend": 115.318, "fair_value": 89.638622, "relative_strength": 5.294237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.773784, "energy": 62.623943, "activity_lines": [ 125.007334, 124.786, 123.097191, 119.873183 ] }, { "date": "2024-05-24", "close": 126.690002, "volume": 100, "typical_volume": 1810.05, "trend": 116.222667, "fair_value": 89.950096, "relative_strength": 6.767129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.466813, "energy": 65.166644, "activity_lines": [ 125.770668, 125.159091, 123.690334, 120.60686 ] }, { "date": "2024-05-31", "close": 127.669998, "volume": 2361, "typical_volume": 1723.85, "trend": 116.932667, "fair_value": 90.264295, "relative_strength": 7.725862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.446914, "energy": 68.264739, "activity_lines": [ 126.544667, 125.612546, 124.28981, 121.345398 ] }, { "date": "2024-06-07", "close": 127.580002, "volume": 1000, "typical_volume": 1762.8, "trend": 117.704, "fair_value": 90.578205, "relative_strength": 7.647039, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.175209, "energy": 67.141168, "activity_lines": [ 127.070667, 126.039637, 124.808191, 122.032323 ] }, { "date": "2024-06-14", "close": 126.279999, "volume": 1012, "typical_volume": 1801.15, "trend": 118.359667, "fair_value": 90.89343, "relative_strength": 7.488974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.697652, "energy": 58.527286, "activity_lines": [ 126.939334, 126.208546, 125.134381, 122.585613 ] }, { "date": "2024-06-21", "close": 126.080002, "volume": 0, "typical_volume": 1487.1, "trend": 118.989667, "fair_value": 91.196603, "relative_strength": 5.823167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.807836, "energy": 56.439013, "activity_lines": [ 126.686001, 126.307273, 125.380238, 123.083699 ] }, { "date": "2024-06-28", "close": 131.559998, "volume": 1008, "typical_volume": 1537.5, "trend": 119.825333, "fair_value": 91.537981, "relative_strength": 10.996849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.995776, "energy": 66.649912, "activity_lines": [ 128.252666, 127.385455, 126.094857, 123.894688 ] }, { "date": "2024-07-05", "close": 133.550003, "volume": 0, "typical_volume": 1535.0, "trend": 120.8, "fair_value": 91.89375, "relative_strength": 11.719922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.66188, "energy": 76.431768, "activity_lines": [ 130.158001, 128.650728, 126.922762, 124.780151 ] }, { "date": "2024-07-12", "close": 134.660004, "volume": 11, "typical_volume": 1535.55, "trend": 121.833334, "fair_value": 92.260994, "relative_strength": 11.501772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.701858, "energy": 91.531335, "activity_lines": [ 132.041335, 129.951456, 127.784763, 125.674345 ] }, { "date": "2024-07-19", "close": 132.050003, "volume": 1482, "typical_volume": 1605.15, "trend": 122.734334, "fair_value": 92.606987, "relative_strength": 10.177497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.31513, "energy": 85.655959, "activity_lines": [ 132.582669, 130.58782, 128.333096, 126.333485 ] }, { "date": "2024-07-26", "close": 126.419998, "volume": 1240, "typical_volume": 1650.5, "trend": 123.392667, "fair_value": 92.924648, "relative_strength": 3.539869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.589077, "energy": 55.072253, "activity_lines": [ 130.862668, 130.080547, 128.300286, 126.571269 ] }, { "date": "2024-08-02", "close": 112.889999, "volume": 0, "typical_volume": 1575.9, "trend": 123.541667, "fair_value": 93.150257, "relative_strength": -6.369418, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -9.477088, "energy": 20.544107, "activity_lines": [ 124.61, 127.105273, 126.96162, 125.893678 ] }, { "date": "2024-08-09", "close": 114.269997, "volume": 6544, "typical_volume": 1003.1, "trend": 123.602667, "fair_value": 93.380257, "relative_strength": -5.225329, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.299521, "energy": 47.625532, "activity_lines": [ 120.061999, 124.631818, 125.794476, 125.295506 ] }, { "date": "2024-08-16", "close": 122.989998, "volume": 8470, "typical_volume": 1426.6, "trend": 123.928334, "fair_value": 93.683718, "relative_strength": 0.07271, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.804278, "energy": 39.267627, "activity_lines": [ 119.705998, 123.987454, 125.519, 125.255979 ] }, { "date": "2024-08-23", "close": 124.669998, "volume": 400, "typical_volume": 1446.6, "trend": 124.303667, "fair_value": 93.984776, "relative_strength": 1.054264, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.885573, "energy": 36.423515, "activity_lines": [ 120.687998, 123.731999, 125.419667, 125.303828 ] }, { "date": "2024-08-30", "close": 126.07, "volume": 0, "typical_volume": 1258.55, "trend": 124.675333, "fair_value": 94.270641, "relative_strength": 1.426127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.544302, "energy": 18.579887, "activity_lines": [ 122.628665, 123.760363, 125.452476, 125.417785 ] }, { "date": "2024-09-06", "close": 117.459999, "volume": 1137, "typical_volume": 1289.75, "trend": 124.739, "fair_value": 94.487276, "relative_strength": -3.308553, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.568054, "energy": 20.486583, "activity_lines": [ 121.722665, 122.223454, 124.660905, 124.952279 ] }, { "date": "2024-09-13", "close": 119.32, "volume": 0, "typical_volume": 1281.45, "trend": 124.766, "fair_value": 94.714776, "relative_strength": -2.948057, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -56.431848, "energy": 29.283826, "activity_lines": [ 121.131999, 121.28109, 124.067857, 124.602667 ] }, { "date": "2024-09-20", "close": 124.440002, "volume": 1914, "typical_volume": 1336.95, "trend": 124.881, "fair_value": 94.976955, "relative_strength": 1.550957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -36.980822, "energy": 21.061036, "activity_lines": [ 121.911334, 121.528363, 123.986619, 124.581634 ] }, { "date": "2024-09-27", "close": 124.629997, "volume": 1413, "typical_volume": 1407.6, "trend": 124.948333, "fair_value": 95.26141, "relative_strength": 0.413664, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -34.560167, "energy": 20.853522, "activity_lines": [ 122.657333, 121.995999, 123.922428, 124.565441 ] }, { "date": "2024-10-04", "close": 129.190002, "volume": 1869, "typical_volume": 1498.05, "trend": 125.161667, "fair_value": 95.580128, "relative_strength": 4.304843, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.374081, "energy": 10.160015, "activity_lines": [ 124.926, 123.427636, 124.296428, 124.839097 ] }, { "date": "2024-10-11", "close": 128.559998, "volume": 874, "typical_volume": 1536.75, "trend": 125.403333, "fair_value": 95.87843, "relative_strength": 3.84194, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.579229, "energy": 20.567706, "activity_lines": [ 126.776666, 124.694363, 124.595142, 125.058344 ] }, { "date": "2024-10-18", "close": 127.230003, "volume": 0, "typical_volume": 1418.7, "trend": 125.407, "fair_value": 96.175705, "relative_strength": 1.255434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.997628, "energy": 21.032245, "activity_lines": [ 127.444001, 125.434364, 124.758286, 125.176194 ] }, { "date": "2024-10-25", "close": 124.489998, "volume": 4358, "typical_volume": 1586.6, "trend": 125.344, "fair_value": 96.455705, "relative_strength": 0.205587, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.724398, "energy": 17.65044, "activity_lines": [ 126.670666, 125.440545, 124.662571, 125.117032 ] }, { "date": "2024-11-01", "close": 126.889999, "volume": 784, "typical_volume": 1575.2, "trend": 125.426333, "fair_value": 96.739712, "relative_strength": 2.877055, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.301474, "energy": 22.161402, "activity_lines": [ 126.694, 125.855818, 124.810142, 125.216774 ] }, { "date": "2024-11-08", "close": 128.639999, "volume": 8, "typical_volume": 1575.6, "trend": 125.542667, "fair_value": 97.036026, "relative_strength": 5.415149, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.296857, "energy": 24.522926, "activity_lines": [ 127.149999, 126.548909, 125.121476, 125.424107 ] }, { "date": "2024-11-15", "close": 127.169998, "volume": 0, "typical_volume": 1525.2, "trend": 125.716667, "fair_value": 97.324968, "relative_strength": 4.117073, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.863691, "energy": 17.779477, "activity_lines": [ 127.152665, 126.927999, 125.280618, 125.529096 ] }, { "date": "2024-11-22", "close": 128.300003, "volume": 0, "typical_volume": 1525.2, "trend": 125.846667, "fair_value": 97.646635, "relative_strength": 2.360594, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.417714, "energy": 31.430694, "activity_lines": [ 127.624667, 127.336, 125.568285, 125.695763 ] }, { "date": "2024-11-29", "close": 127.650002, "volume": 485, "typical_volume": 1548.9, "trend": 125.961, "fair_value": 97.963398, "relative_strength": 1.370433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.345445, "energy": 29.607941, "activity_lines": [ 127.808668, 127.462546, 125.819048, 125.812107 ] }, { "date": "2024-12-06", "close": 130.169998, "volume": 0, "typical_volume": 1474.8, "trend": 126.118333, "fair_value": 98.285385, "relative_strength": 2.864583, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 42.33825, "energy": 44.727778, "activity_lines": [ 128.622, 127.988909, 126.34319, 126.083656 ] }, { "date": "2024-12-13", "close": 130.559998, "volume": 250, "typical_volume": 1425.3, "trend": 126.271, "fair_value": 98.608269, "relative_strength": 3.009622, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.406433, "energy": 62.093543, "activity_lines": [ 129.346666, 128.485454, 126.913428, 126.370215 ] }, { "date": "2024-12-20", "close": 129.550003, "volume": 443, "typical_volume": 1447.45, "trend": 126.366333, "fair_value": 98.925962, "relative_strength": 4.626103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.697856, "energy": 62.637773, "activity_lines": [ 129.606667, 128.773455, 127.367762, 126.581763 ] }, { "date": "2024-12-27", "close": 132.720001, "volume": 3003, "typical_volume": 1270.4, "trend": 126.534667, "fair_value": 99.259103, "relative_strength": 5.997153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.474742, "energy": 77.859947, "activity_lines": [ 130.764667, 129.619819, 128.044667, 126.991677 ] }, { "date": "2025-01-03", "close": 131.279999, "volume": 0, "typical_volume": 846.9, "trend": 126.658, "fair_value": 99.58734, "relative_strength": 3.659333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.380907, "energy": 74.255218, "activity_lines": [ 131.148, 130.104546, 128.496571, 127.297828 ] }, { "date": "2025-01-10", "close": 128.25, "volume": 321, "typical_volume": 842.95, "trend": 126.723667, "fair_value": 99.898622, "relative_strength": 0.865043, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.832023, "energy": 49.817026, "activity_lines": [ 130.279334, 129.914909, 128.620429, 127.400538 ] }, { "date": "2025-01-17", "close": 129.149994, "volume": 50, "typical_volume": 845.45, "trend": 126.826, "fair_value": 100.228173, "relative_strength": -1.494208, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.770158, "energy": 34.631927, "activity_lines": [ 129.838665, 129.864181, 128.812952, 127.557075 ] }, { "date": "2025-01-24", "close": 132.800003, "volume": 620, "typical_volume": 819.6, "trend": 126.867333, "fair_value": 100.59875, "relative_strength": 1.226445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.277384, "energy": 43.609825, "activity_lines": [ 130.708666, 130.467818, 129.338428, 127.942494 ] }, { "date": "2025-01-31", "close": 133.240005, "volume": 3164, "typical_volume": 977.8, "trend": 126.857, "fair_value": 100.958334, "relative_strength": -0.480944, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.128987, "energy": 47.379842, "activity_lines": [ 131.508668, 131.049091, 129.832762, 128.353634 ] }, { "date": "2025-02-07", "close": 129.839996, "volume": 1160, "typical_volume": 940.1, "trend": 126.696333, "fair_value": 101.288622, "relative_strength": -3.275392, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.341494, "energy": 41.553364, "activity_lines": [ 131.140666, 130.922363, 129.937, 128.546086 ] }, { "date": "2025-02-14", "close": 131.770004, "volume": 1145, "typical_volume": 926.7, "trend": 126.687, "fair_value": 101.63984, "relative_strength": -2.163446, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.55536, "energy": 54.760857, "activity_lines": [ 131.512001, 131.106728, 130.199334, 128.873419 ] }, { "date": "2025-02-21", "close": 129.889999, "volume": 267, "typical_volume": 846.6, "trend": 126.802666, "fair_value": 101.980834, "relative_strength": -2.660203, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.336723, "energy": 33.600905, "activity_lines": [ 131.022001, 130.920182, 130.248619, 129.080065 ] }, { "date": "2025-02-28", "close": 128.949997, "volume": 0, "typical_volume": 802.9, "trend": 127.338, "fair_value": 102.334423, "relative_strength": -4.856299, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.87366, "energy": 17.638448, "activity_lines": [ 130.169333, 130.574909, 130.205048, 129.218602 ] }, { "date": "2025-03-07", "close": 128.889999, "volume": 5315, "typical_volume": 1068.65, "trend": 127.825333, "fair_value": 102.693718, "relative_strength": -3.335692, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.058206, "energy": 14.913953, "activity_lines": [ 129.553332, 130.229636, 130.153905, 129.318731 ] }, { "date": "2025-03-14", "close": 131.210007, "volume": 163, "typical_volume": 858.9, "trend": 128.099333, "fair_value": 103.036635, "relative_strength": -0.991296, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.186343, "energy": 18.822651, "activity_lines": [ 130.000668, 130.375819, 130.31581, 129.537097 ] }, { "date": "2025-03-21", "close": 133.770004, "volume": 1112, "typical_volume": 875.3, "trend": 128.402667, "fair_value": 103.382949, "relative_strength": 0.841647, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.838577, "energy": 30.075177, "activity_lines": [ 131.210003, 130.988729, 130.689525, 129.902947 ] }, { "date": "2025-03-28", "close": 131.259995, "volume": 13, "typical_volume": 875.55, "trend": 128.575667, "fair_value": 103.716571, "relative_strength": -1.09795, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.939623, "energy": 28.275629, "activity_lines": [ 131.449334, 131.04491, 130.791429, 130.087291 ] }, { "date": "2025-04-04", "close": 115.43, "volume": 23898, "typical_volume": 2070.45, "trend": 128.508, "fair_value": 103.960064, "relative_strength": -6.340765, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.31244, "energy": 47.770349, "activity_lines": [ 126.320667, 128.184546, 129.373238, 129.239183 ] }, { "date": "2025-04-11", "close": 117.769997, "volume": 26480, "typical_volume": 3394.45, "trend": 128.456333, "fair_value": 104.219295, "relative_strength": -3.247468, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.690285, "energy": 69.406687, "activity_lines": [ 122.873332, 126.065454, 128.23381, 128.546409 ] }, { "date": "2025-04-18", "close": 123.739998, "volume": 366, "typical_volume": 3388.5, "trend": 128.433, "fair_value": 104.518334, "relative_strength": -2.108627, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.929548, "energy": 72.443938, "activity_lines": [ 122.157331, 125.31309, 127.713095, 128.242129 ] }, { "date": "2025-04-25", "close": 128.619995, "volume": 8758, "typical_volume": 3826.4, "trend": 128.566, "fair_value": 104.841282, "relative_strength": 0.06388, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.356098, "energy": 64.735036, "activity_lines": [ 123.565997, 125.558908, 127.675761, 128.254193 ] }, { "date": "2025-05-02", "close": 131.490005, "volume": 0, "typical_volume": 3813.9, "trend": 128.642667, "fair_value": 105.188077, "relative_strength": 0.119917, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.294079, "energy": 21.347387, "activity_lines": [ 126.274666, 126.383818, 127.919143, 128.442839 ] }, { "date": "2025-05-09", "close": 132.759995, "volume": 0, "typical_volume": 3791.75, "trend": 128.782666, "fair_value": 105.550705, "relative_strength": 1.4962, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.357086, "energy": 20.325923, "activity_lines": [ 129.391332, 127.410544, 128.279047, 128.708473 ] }, { "date": "2025-05-16", "close": 134.169998, "volume": 0, "typical_volume": 3641.6, "trend": 129.014, "fair_value": 105.922628, "relative_strength": 0.979146, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.710147, "energy": 34.14986, "activity_lines": [ 131.822665, 128.624362, 128.757952, 129.056042 ] }, { "date": "2025-05-23", "close": 132.300003, "volume": 1053, "typical_volume": 3694.25, "trend": 129.274333, "fair_value": 106.274423, "relative_strength": -0.802741, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.518257, "energy": 32.063808, "activity_lines": [ 132.537333, 129.402181, 129.051857, 129.268043 ] }, { "date": "2025-05-30", "close": 135.779999, "volume": 2121, "typical_volume": 3784.25, "trend": 129.570666, "fair_value": 106.641475, "relative_strength": 1.168778, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.433924, "energy": 59.072421, "activity_lines": [ 133.841333, 130.792908, 129.672333, 129.687763 ] }, { "date": "2025-06-06", "close": 136.419998, "volume": 78, "typical_volume": 3785.65, "trend": 129.83, "fair_value": 107.016763, "relative_strength": 0.897017, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.289096, "energy": 66.229964, "activity_lines": [ 134.881332, 132.263454, 130.317904, 130.129655 ] }, { "date": "2025-06-13", "close": 135.990005, "volume": 73, "typical_volume": 3758.3, "trend": 130.124, "fair_value": 107.408558, "relative_strength": 0.451763, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.444914, "energy": 62.481973, "activity_lines": [ 135.449335, 133.562, 130.887905, 130.527075 ] }, { "date": "2025-06-20", "close": 135.580002, "volume": 13, "typical_volume": 3600.75, "trend": 130.366667, "fair_value": 107.785032, "relative_strength": 0.996635, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.750724, "energy": 60.212927, "activity_lines": [ 135.665335, 134.412182, 131.403667, 130.879075 ] }, { "date": "2025-06-27", "close": 140.580002, "volume": 305, "typical_volume": 3558.0, "trend": 130.797667, "fair_value": 108.200705, "relative_strength": 4.451275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.024104, "energy": 71.361166, "activity_lines": [ 137.454002, 135.847637, 132.384476, 131.538 ] }, { "date": "2025-07-04", "close": 138.660004, "volume": 4468, "typical_volume": 3724.15, "trend": 131.080667, "fair_value": 108.589968, "relative_strength": 2.817231, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.263017, "energy": 76.822527, "activity_lines": [ 138.050669, 136.62782, 133.131286, 132.045248 ] }, { "date": "2025-07-11", "close": 138.320007, "volume": 7239, "typical_volume": 4072.75, "trend": 131.339334, "fair_value": 108.97875, "relative_strength": 1.317144, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.644031, "energy": 79.410842, "activity_lines": [ 138.342004, 137.163639, 133.812906, 132.512302 ] }, { "date": "2025-07-18", "close": 138.960007, "volume": 1151, "typical_volume": 4130.3, "trend": 131.653001, "fair_value": 109.361026, "relative_strength": 1.302744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.501862, "energy": 83.675907, "activity_lines": [ 138.720005, 137.69164, 134.515335, 133.003958 ] }, { "date": "2025-07-25", "close": 144.529999, "volume": 360, "typical_volume": 3882.55, "trend": 132.046667, "fair_value": 109.779391, "relative_strength": 3.80512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.271494, "energy": 92.582314, "activity_lines": [ 140.75667, 139.11964, 135.700573, 133.834732 ] }, { "date": "2025-08-01", "close": 142.169998, "volume": 2234, "typical_volume": 3986.1, "trend": 132.409667, "fair_value": 110.182757, "relative_strength": 2.451224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.504092, "energy": 86.499499, "activity_lines": [ 141.410002, 139.930184, 136.586573, 134.48785 ] }, { "date": "2025-08-08", "close": 150.070007, "volume": 204, "typical_volume": 3940.7, "trend": 133.137001, "fair_value": 110.628173, "relative_strength": 7.483011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.136433, "energy": 95.335897, "activity_lines": [ 144.59067, 141.99764, 138.172764, 135.627227 ] }, { "date": "2025-08-15", "close": 152.979996, "volume": 4113, "typical_volume": 4145.7, "trend": 133.931334, "fair_value": 111.089167, "relative_strength": 8.784648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.143891, "energy": 97.459355, "activity_lines": [ 147.980667, 144.334366, 139.958478, 136.90742 ] }, { "date": "2025-08-22", "close": 153.289993, "volume": 2095, "typical_volume": 3055.55, "trend": 134.614334, "fair_value": 111.557404, "relative_strength": 6.67433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.715285, "energy": 95.785747, "activity_lines": [ 150.496664, 146.426364, 141.670287, 138.156366 ] }, { "date": "2025-08-29", "close": 150.399994, "volume": 185678, "typical_volume": 11015.45, "trend": 135.186333, "fair_value": 112.012116, "relative_strength": 6.016287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.582271, "energy": 88.820276, "activity_lines": [ 151.093996, 147.678362, 142.926572, 139.174796 ] }, { "date": "2025-09-05", "close": 152.429993, "volume": 746, "typical_volume": 11034.45, "trend": 135.939333, "fair_value": 112.472564, "relative_strength": 6.910829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.164689, "energy": 89.671092, "activity_lines": [ 151.976661, 149.029997, 144.220809, 140.28729 ] }, { "date": "2025-09-12", "close": 155.860001, "volume": 1092, "typical_volume": 10651.15, "trend": 136.742333, "fair_value": 112.965161, "relative_strength": 8.114423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.128371, "energy": 79.185217, "activity_lines": [ 153.318663, 150.789816, 145.705095, 141.572494 ] }, { "date": "2025-09-19", "close": 156.110001, "volume": 2493, "typical_volume": 10775.8, "trend": 137.616333, "fair_value": 113.47202, "relative_strength": 8.825396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.287514, "energy": 71.86447, "activity_lines": [ 154.357998, 152.282362, 147.083476, 142.822021 ] }, { "date": "2025-09-26", "close": 157.339996, "volume": 3, "typical_volume": 10775.95, "trend": 138.562667, "fair_value": 113.986859, "relative_strength": 8.614273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.440753, "energy": 72.79308, "activity_lines": [ 155.598664, 153.675088, 148.461761, 144.094516 ] }, { "date": "2025-10-03", "close": 157.380005, "volume": 2748, "typical_volume": 10913.35, "trend": 139.512333, "fair_value": 114.4925, "relative_strength": 6.149977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.511292, "energy": 70.298088, "activity_lines": [ 156.582667, 154.740908, 149.726809, 145.308538 ] }, { "date": "2025-10-10", "close": 156.039993, "volume": 129, "typical_volume": 10867.15, "trend": 140.34, "fair_value": 114.991699, "relative_strength": 5.831307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.589124, "energy": 66.616728, "activity_lines": [ 156.654665, 155.329452, 150.753713, 146.374838 ] }, { "date": "2025-10-17", "close": 159.720001, "volume": 566, "typical_volume": 10789.4, "trend": 141.205, "fair_value": 115.51468, "relative_strength": 8.923358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.842383, "energy": 70.270323, "activity_lines": [ 157.712666, 156.334907, 152.018047, 147.625161 ] }, { "date": "2025-10-24", "close": 163.160004, "volume": 104, "typical_volume": 10790.7, "trend": 142.268333, "fair_value": 116.050994, "relative_strength": 7.671525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.224563, "energy": 74.029315, "activity_lines": [ 159.660001, 157.790363, 153.495999, 149.041613 ] }, { "date": "2025-10-31", "close": 165.960007, "volume": 7, "typical_volume": 10787.4, "trend": 143.952667, "fair_value": 116.60125, "relative_strength": 8.503818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.83668, "energy": 75.26677, "activity_lines": [ 162.07067, 159.569819, 155.113286, 150.570108 ] }, { "date": "2025-11-07", "close": 163.910004, "volume": 0, "typical_volume": 10786.75, "trend": 145.490667, "fair_value": 117.128526, "relative_strength": 7.41733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.949456, "energy": 89.183743, "activity_lines": [ 163.223337, 160.746184, 156.392619, 151.857678 ] }, { "date": "2025-11-14", "close": 168.529999, "volume": 1001, "typical_volume": 10821.55, "trend": 146.983667, "fair_value": 117.682693, "relative_strength": 10.049374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.048359, "energy": 95.032299, "activity_lines": [ 165.480669, 162.516911, 157.977048, 153.344086 ] }, { "date": "2025-11-21", "close": 164.669998, "volume": 3389, "typical_volume": 10767.6, "trend": 148.185334, "fair_value": 118.197052, "relative_strength": 9.087419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.125347, "energy": 71.479547, "activity_lines": [ 165.618668, 163.293092, 159.060762, 154.48514 ] }, { "date": "2025-11-28", "close": 169.089996, "volume": 2463, "typical_volume": 10528.8, "trend": 149.438667, "fair_value": 118.759007, "relative_strength": 9.666515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.791454, "energy": 72.209056, "activity_lines": [ 166.899999, 164.712728, 160.441571, 155.833828 ] }, { "date": "2025-12-05", "close": 169.080002, "volume": 87, "typical_volume": 10475.6, "trend": 150.649334, "fair_value": 119.316635, "relative_strength": 10.02368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.55637, "energy": 70.324363, "activity_lines": [ 167.782666, 165.894546, 161.674905, 157.101011 ] }, { "date": "2025-12-12", "close": 170.690002, "volume": 116, "typical_volume": 10463.4, "trend": 151.866667, "fair_value": 119.893141, "relative_strength": 11.01527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.243298, "energy": 70.885849, "activity_lines": [ 168.994, 167.155637, 162.918143, 158.393957 ] }, { "date": "2025-12-19", "close": 172.270004, "volume": 30061, "typical_volume": 11854.75, "trend": 153.199001, "fair_value": 120.491122, "relative_strength": 9.049103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.717575, "energy": 71.772637, "activity_lines": [ 170.280002, 168.462001, 164.187286, 159.710302 ] }, { "date": "2025-12-26", "close": 171.259995, "volume": 46, "typical_volume": 11846.85, "trend": 154.381667, "fair_value": 121.084231, "relative_strength": 8.563662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.390018, "energy": 67.191327, "activity_lines": [ 170.98, 169.289637, 165.216905, 160.875527 ] }, { "date": "2026-01-02", "close": 172.589996, "volume": 300, "typical_volume": 11656.2, "trend": 155.587334, "fair_value": 121.685994, "relative_strength": 8.342808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.934773, "energy": 69.004406, "activity_lines": [ 171.683999, 170.149272, 166.272286, 162.050258 ] }, { "date": "2026-01-09", "close": 181.080002, "volume": 784, "typical_volume": 11590.65, "trend": 157.090334, "fair_value": 122.341186, "relative_strength": 11.411673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.193828, "energy": 76.876406, "activity_lines": [ 174.984666, 172.38109, 168.042857, 163.694946 ] }, { "date": "2026-01-16", "close": 183.369995, "volume": 282, "typical_volume": 2320.85, "trend": 158.683333, "fair_value": 122.992628, "relative_strength": 11.236536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.052682, "energy": 93.463104, "activity_lines": [ 178.248664, 174.754362, 169.89919, 165.390408 ] }, { "date": "2026-01-23", "close": 180.75, "volume": 350, "typical_volume": 2301.05, "trend": 160.022333, "fair_value": 123.617404, "relative_strength": 10.350668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.069102, "energy": 89.808358, "activity_lines": [ 179.793998, 176.297453, 171.349, 166.814064 ] }, { "date": "2026-01-30", "close": 179.690002, "volume": 2847, "typical_volume": 2388.8, "trend": 161.39, "fair_value": 124.235321, "relative_strength": 8.557611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.382266, "energy": 85.794488, "activity_lines": [ 180.420666, 177.425636, 172.563, 168.082946 ] }, { "date": "2026-02-06", "close": 189.380005, "volume": 809, "typical_volume": 2304.6, "trend": 163.092, "fair_value": 124.914616, "relative_strength": 12.35193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.987429, "energy": 85.521263, "activity_lines": [ 183.715335, 180.042546, 174.586381, 169.888753 ] }, { "date": "2026-02-13", "close": 194.279999, "volume": 58, "typical_volume": 2307.35, "trend": 164.936, "fair_value": 125.623077, "relative_strength": 13.940841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.911573, "energy": 80.695782, "activity_lines": [ 187.524001, 183.181455, 176.918, 171.900882 ] }, { "date": "2026-02-20", "close": 192.649994, "volume": 1002, "typical_volume": 2220.05, "trend": 166.539999, "fair_value": 126.323333, "relative_strength": 10.049786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.982278, "energy": 84.068678, "activity_lines": [ 189.909332, 185.565817, 178.918476, 173.688881 ] }, { "date": "2026-02-27", "close": 197.669998, "volume": 82, "typical_volume": 2217.7, "trend": 168.389999, "fair_value": 127.041507, "relative_strength": 10.15226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.795871, "energy": 94.5233, "activity_lines": [ 193.349332, 188.463635, 181.229095, 175.697268 ] }, { "date": "2026-03-06", "close": 184.309998, "volume": 341, "typical_volume": 2206.45, "trend": 169.531332, "fair_value": 127.675289, "relative_strength": 8.566919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.53732, "energy": 66.928088, "activity_lines": [ 191.207998, 188.470544, 182.069094, 176.724365 ] }, { "date": "2026-03-13", "close": 182.289993, "volume": 2843, "typical_volume": 2343.4, "trend": 170.508332, "fair_value": 128.321603, "relative_strength": 7.303332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.223275, "energy": 56.659573, "activity_lines": [ 188.085329, 187.872907, 182.599618, 177.547504 ] }, { "date": "2026-03-20", "close": 178.910004, "volume": 5035, "typical_volume": 2594.8, "trend": 171.362333, "fair_value": 128.941795, "relative_strength": 8.630666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.318702, "energy": 32.514527, "activity_lines": [ 184.308665, 186.484362, 182.717142, 178.089548 ] }, { "date": "2026-03-27", "close": 179.559998, "volume": 2684, "typical_volume": 2729.0, "trend": 172.334333, "fair_value": 129.539071, "relative_strength": 8.130638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.373992, "energy": 30.996617, "activity_lines": [ 181.773332, 185.253453, 182.834904, 178.618429 ] }, { "date": "2026-04-03", "close": 186.449997, "volume": 4910, "typical_volume": 2924.45, "trend": 173.468333, "fair_value": 130.19484, "relative_strength": 6.799263, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.268227, "energy": 27.44515, "activity_lines": [ 182.407332, 185.344544, 183.534332, 179.529117 ] }, { "date": "2026-04-10", "close": 192.770004, "volume": 3134, "typical_volume": 2911.7, "trend": 174.698666, "fair_value": 130.875256, "relative_strength": 8.286056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.636572, "energy": 28.76375, "activity_lines": [ 185.896, 186.48109, 184.750332, 180.774386 ] }, { "date": "2026-04-17", "close": 195.919998, "volume": 914, "typical_volume": 2834.25, "trend": 176.025666, "fair_value": 131.56968, "relative_strength": 8.937421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.546276, "energy": 48.452214, "activity_lines": [ 189.870666, 187.952544, 186.132523, 182.143505 ] }, { "date": "2026-04-24", "close": 189.339996, "volume": 1663, "typical_volume": 2913.05, "trend": 177.092333, "fair_value": 132.215801, "relative_strength": 7.841182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.104083, "energy": 45.944672, "activity_lines": [ 190.743332, 188.108726, 186.760284, 183.002494 ] }, { "date": "2026-05-01", "close": 189.330002, "volume": 150, "typical_volume": 2914.75, "trend": 178.157333, "fair_value": 132.860096, "relative_strength": 7.629955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.490749, "energy": 50.525945, "activity_lines": [ 190.917333, 188.352908, 187.290618, 183.792021 ] }, { "date": "2026-05-08", "close": 196.669998, "volume": 1066, "typical_volume": 1465.0, "trend": 179.511666, "fair_value": 133.540962, "relative_strength": 12.758926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.680044, "energy": 61.654804, "activity_lines": [ 192.886666, 189.991999, 188.431237, 184.986386 ] }, { "date": "2026-05-15", "close": 198.360001, "volume": 1098, "typical_volume": 1517.6, "trend": 180.799666, "fair_value": 134.218045, "relative_strength": 13.634703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.062854, "energy": 57.250975, "activity_lines": [ 194.738, 191.956545, 189.616618, 186.202408 ] }, { "date": "2026-05-22", "close": 199.550003, "volume": 2462, "typical_volume": 1625.7, "trend": 182.012666, "fair_value": 134.897308, "relative_strength": 10.873077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.698876, "energy": 64.328414, "activity_lines": [ 196.613334, 193.882, 190.786285, 187.412107 ] }, { "date": "2026-05-29", "close": 202.149994, "volume": 256, "typical_volume": 1599.3, "trend": 183.218999, "fair_value": 135.580449, "relative_strength": 12.437037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.428279, "energy": 75.683266, "activity_lines": [ 199.113332, 195.966363, 192.075189, 188.711289 ] }, { "date": "2026-06-05", "close": 202.050003, "volume": 1198, "typical_volume": 1645.1, "trend": 184.490333, "fair_value": 136.257885, "relative_strength": 12.321273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.995102, "energy": 79.702622, "activity_lines": [ 200.726, 197.61, 193.254237, 189.926193 ] }, { "date": "2026-06-12", "close": 201.975006, "volume": 1312, "typical_volume": 1693.2, "trend": 185.605166, "fair_value": 136.912244, "relative_strength": 10.687501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.488239, "energy": 79.469904, "activity_lines": [ 201.465669, 198.831092, 194.33719, 191.054236 ] }, { "date": "2026-06-19", "close": 209.574997, "volume": 0, "typical_volume": 1550.85, "trend": 187.101999, "fair_value": 137.629551, "relative_strength": 15.44592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.987727, "energy": 89.688924, "activity_lines": [ 204.385001, 201.151728, 196.042881, 192.600677 ] }, { "date": "2026-06-26", "close": 205.75, "volume": 0, "typical_volume": 1510.4, "trend": 188.324, "fair_value": 138.308301, "relative_strength": 11.337729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.214784, "energy": 84.062931, "activity_lines": [ 205.281667, 202.471364, 197.241976, 193.803774 ] }, { "date": "2026-07-03", "close": 209.274994, "volume": 33, "typical_volume": 1509.15, "trend": 189.663833, "fair_value": 139.021186, "relative_strength": 10.960949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.051649, "energy": 89.029457, "activity_lines": [ 206.939998, 204.253181, 198.698833, 195.155451 ] }, { "date": "2026-07-10", "close": 209.824997, "volume": 1505, "typical_volume": 1534.3, "trend": 190.968332, "fair_value": 139.743365, "relative_strength": 12.624163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.508704, "energy": 87.738493, "activity_lines": [ 208.306664, 205.772544, 200.136666, 196.456171 ] }, { "date": "2026-07-17", "close": 203.024994, "volume": 4161, "typical_volume": 1738.25, "trend": 191.993499, "fair_value": 140.407596, "relative_strength": 7.483547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.317186, "energy": 59.529737, "activity_lines": [ 206.888329, 205.682907, 200.845094, 197.23402 ] }, { "date": "2026-07-24", "close": 208.050003, "volume": 955, "typical_volume": 1768.95, "trend": 193.219832, "fair_value": 141.092532, "relative_strength": 8.337772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.515861, "energy": 58.723584, "activity_lines": [ 207.074998, 206.391362, 202.006594, 198.269924 ] }, { "date": "2026-07-31", "close": 203.574997, "volume": 3088, "typical_volume": 1781.2, "trend": 194.252666, "fair_value": 141.760994, "relative_strength": 4.378209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.991807, "energy": 41.37957, "activity_lines": [ 205.871664, 206.109998, 202.628856, 198.937999 ] }, { "date": "2026-08-07", "close": 211.725006, "volume": 103, "typical_volume": 1534.6, "trend": 195.274166, "fair_value": 142.473526, "relative_strength": 7.89032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.300817, "energy": 49.306439, "activity_lines": [ 207.530001, 207.237272, 203.925952, 200.065247 ] } ], "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." } } }