{ "ticker": { "uuid": "2ef16f41-f0ef-4aa2-a68d-003a44ea2b4d", "symbol": "XMME", "name": "Xtrackers MSCI Emerging Markets UCITS ETF 1C", "exchange": "EBS", "country": "CH", "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": "2026-08-21", "benchmark": "^SSMI", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 56.533, "architecture_energy": 34.334, "architecture_maturity": 42.525, "architecture_confidence": 54.998, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 32.17, "rotation_up": 42.52, "upward_expansion": 70.53, "deceleration": 70.21, "rotation_down": 25.31, "downward_expansion": 8.53 }, "activity_lines": [ 74.263334, 73.999636, 73.795619, 72.047226 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 74.980003, "trend_reference": 69.635, "distance_from_trend": 0.076757, "trend_direction": "Improving", "fair_value": 54.57368, "distance_from_fair_value": 0.373922, "fair_value_direction": "Weakening", "relative_strength": 4.883908, "relative_strength_direction": "Weakening", "price_momentum": 0.128707, "excess_performance": 0.085617, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076757, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.070973, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.373922, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.006345, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.048839, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.078477, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.128707, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.113855, "read": "Demand-led" } ], "volume": { "latest": 46655, "relative_activity": 1.479479, "balance": 1.113855, "dry_up": 1.602843, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.040011, "annualized_volatility": 0.229837, "from_high_reference": -0.046541, "from_low_reference": 0.386208 }, "levels": { "trend_reference": 69.635, "fair_value_reference": 54.57368, "structural_low": 59.470001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.005842, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.006488, "regime_survival": 0.5, "best_return": 0.134201, "worst_return": -0.068912, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.023576, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.024434, "regime_survival": 0.285714, "best_return": 0.248642, "worst_return": -0.026127, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.010083, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.014858, "regime_survival": 0.25, "best_return": 0.249581, "worst_return": -0.041118, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.011965, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.004281, "regime_survival": 0.0, "best_return": 0.020182, "worst_return": 0.003748, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-10-04", "tenure": "Developing", "return": 0.064477, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.03264, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-01-31", "tenure": "Developing", "return": 0.030796, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": -0.001513, "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": "2025-04-11", "tenure": "New", "return": -0.037917, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.1205, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.038991, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-11-21", "tenure": "Established", "return": 0.082098, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.074807, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": -0.047173, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.13453, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-17", "tenure": "Established", "return": 0.031069, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-21", "tenure": "Developing", "return": 0.03122, "active": true } ], "chart_path": [ { "date": "2023-09-01", "close": 44.775002, "volume": 2815, "typical_volume": 5635.25, "trend": 45.08, "fair_value": 51.268846, "relative_strength": -1.008884, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.309609, "energy": 55.237339, "activity_lines": [ 44.174001, 44.521365, 44.808215, 44.875538 ] }, { "date": "2023-09-08", "close": 44.215, "volume": 8210, "typical_volume": 5374.9, "trend": 44.985167, "fair_value": 51.247885, "relative_strength": -1.016065, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.470991, "energy": 52.48688, "activity_lines": [ 44.156001, 44.429455, 44.75, 44.819731 ] }, { "date": "2023-09-15", "close": 45.0, "volume": 5027, "typical_volume": 5551.4, "trend": 44.925833, "fair_value": 51.225705, "relative_strength": -1.389432, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.040777, "energy": 20.11931, "activity_lines": [ 44.470334, 44.500546, 44.766, 44.820688 ] }, { "date": "2023-09-22", "close": 44.830002, "volume": 2271, "typical_volume": 5209.15, "trend": 44.9035, "fair_value": 51.213269, "relative_strength": -0.01456, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.069753, "energy": 15.235074, "activity_lines": [ 44.680334, 44.535456, 44.762382, 44.814506 ] }, { "date": "2023-09-29", "close": 44.599998, "volume": 7171, "typical_volume": 5504.2, "trend": 44.833667, "fair_value": 51.190353, "relative_strength": -0.014101, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.838139, "energy": 14.178949, "activity_lines": [ 44.701667, 44.530546, 44.734667, 44.794925 ] }, { "date": "2023-10-06", "close": 43.599998, "volume": 2204, "typical_volume": 5567.4, "trend": 44.805333, "fair_value": 51.153109, "relative_strength": -0.996508, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.754567, "energy": 23.690385, "activity_lines": [ 44.340333, 44.344364, 44.608762, 44.715333 ] }, { "date": "2023-10-13", "close": 44.044998, "volume": 5137, "typical_volume": 5742.75, "trend": 44.8025, "fair_value": 51.119551, "relative_strength": -0.501608, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.942397, "energy": 31.423826, "activity_lines": [ 44.205665, 44.287272, 44.53081, 44.66628 ] }, { "date": "2023-10-20", "close": 42.0, "volume": 2570, "typical_volume": 5739.4, "trend": 44.7135, "fair_value": 51.072949, "relative_strength": -0.017902, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.944841, "energy": 67.397165, "activity_lines": [ 43.400666, 43.880727, 44.262262, 44.485473 ] }, { "date": "2023-10-27", "close": 42.389999, "volume": 2525, "typical_volume": 5692.3, "trend": 44.6035, "fair_value": 51.035128, "relative_strength": 1.053694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.414538, "energy": 74.985734, "activity_lines": [ 42.925666, 43.586636, 44.047405, 44.33557 ] }, { "date": "2023-11-03", "close": 44.064999, "volume": 5615, "typical_volume": 5694.9, "trend": 44.539333, "fair_value": 50.992147, "relative_strength": 2.484068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.63473, "energy": 62.328456, "activity_lines": [ 43.171666, 43.610908, 44.009119, 44.300828 ] }, { "date": "2023-11-10", "close": 43.904999, "volume": 3209, "typical_volume": 5755.25, "trend": 44.505833, "fair_value": 50.939808, "relative_strength": 2.278353, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.542576, "energy": 52.725126, "activity_lines": [ 43.399999, 43.602363, 43.968119, 44.259903 ] }, { "date": "2023-11-17", "close": 44.669998, "volume": 39745, "typical_volume": 7612.5, "trend": 44.524833, "fair_value": 50.887628, "relative_strength": 2.245989, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.916199, "energy": 14.329861, "activity_lines": [ 43.862999, 43.748726, 44.004047, 44.270494 ] }, { "date": "2023-11-24", "close": 44.435001, "volume": 6492, "typical_volume": 7153.85, "trend": 44.53, "fair_value": 50.829006, "relative_strength": 0.333628, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.683373, "energy": 20.000702, "activity_lines": [ 44.205999, 43.84409, 44.020738, 44.264699 ] }, { "date": "2023-12-01", "close": 43.855, "volume": 2064, "typical_volume": 5879.4, "trend": 44.512833, "fair_value": 50.767115, "relative_strength": -1.03842, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.297043, "energy": 19.13761, "activity_lines": [ 44.193333, 43.844272, 43.9835, 44.22115 ] }, { "date": "2023-12-08", "close": 43.785, "volume": 7978, "typical_volume": 6105.5, "trend": 44.506333, "fair_value": 50.705865, "relative_strength": -2.7707, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.241671, "energy": 17.62036, "activity_lines": [ 44.059667, 43.849454, 43.944762, 44.174193 ] }, { "date": "2023-12-15", "close": 44.52, "volume": 6569, "typical_volume": 6326.5, "trend": 44.498, "fair_value": 50.647212, "relative_strength": -2.141329, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.942487, "energy": 7.156669, "activity_lines": [ 44.189667, 44.003091, 43.980047, 44.175075 ] }, { "date": "2023-12-22", "close": 43.904999, "volume": 5666, "typical_volume": 6421.35, "trend": 44.464167, "fair_value": 50.585192, "relative_strength": -3.081181, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.540595, "energy": 8.926185, "activity_lines": [ 44.073666, 44.028181, 43.965, 44.136817 ] }, { "date": "2023-12-29", "close": 44.125, "volume": 3475, "typical_volume": 6453.6, "trend": 44.419167, "fair_value": 50.517083, "relative_strength": -2.385365, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.570057, "energy": 9.99579, "activity_lines": [ 44.082, 44.095818, 43.977428, 44.114935 ] }, { "date": "2024-01-05", "close": 43.785, "volume": 11849, "typical_volume": 6671.8, "trend": 44.346333, "fair_value": 50.43109, "relative_strength": -3.439711, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.133375, "energy": 12.808833, "activity_lines": [ 43.997666, 44.063, 43.958238, 44.074021 ] }, { "date": "2024-01-12", "close": 43.605, "volume": 4182, "typical_volume": 6738.7, "trend": 44.243333, "fair_value": 50.339006, "relative_strength": -4.024103, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.440288, "energy": 19.980029, "activity_lines": [ 43.858, 43.972091, 43.918881, 44.026193 ] }, { "date": "2024-01-19", "close": 43.084999, "volume": 2007, "typical_volume": 6698.3, "trend": 44.1875, "fair_value": 50.237115, "relative_strength": -4.335484, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.463135, "energy": 44.459876, "activity_lines": [ 43.557, 43.795, 43.831214, 43.951462 ] }, { "date": "2024-01-26", "close": 43.75, "volume": 20436, "typical_volume": 7309.6, "trend": 44.134833, "fair_value": 50.150833, "relative_strength": -4.675292, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.709276, "energy": 40.291855, "activity_lines": [ 43.573333, 43.753727, 43.814928, 43.923236 ] }, { "date": "2024-02-02", "close": 43.580002, "volume": 9636, "typical_volume": 7540.05, "trend": 44.097167, "fair_value": 50.043205, "relative_strength": -3.608292, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.222911, "energy": 42.383737, "activity_lines": [ 43.543334, 43.698273, 43.784666, 43.887441 ] }, { "date": "2024-02-09", "close": 45.0, "volume": 3379, "typical_volume": 7595.45, "trend": 44.099167, "fair_value": 49.935769, "relative_strength": 0.943987, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.943677, "energy": 2.016945, "activity_lines": [ 44.023, 43.916546, 43.896405, 43.945688 ] }, { "date": "2024-02-16", "close": 46.174999, "volume": 2828, "typical_volume": 7378.3, "trend": 44.150667, "fair_value": 49.837212, "relative_strength": 1.609629, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.760641, "energy": 55.12547, "activity_lines": [ 44.813333, 44.327636, 44.119238, 44.079613 ] }, { "date": "2024-02-23", "close": 46.560001, "volume": 4990, "typical_volume": 7517.6, "trend": 44.161, "fair_value": 49.763686, "relative_strength": 0.807218, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.65816, "energy": 83.500398, "activity_lines": [ 45.560667, 44.765273, 44.371238, 44.235054 ] }, { "date": "2024-03-01", "close": 46.869999, "volume": 28170, "typical_volume": 8669.25, "trend": 44.214167, "fair_value": 49.684583, "relative_strength": 1.549687, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.164318, "energy": 89.606083, "activity_lines": [ 46.179667, 45.222182, 44.638667, 44.409828 ] }, { "date": "2024-03-08", "close": 47.105, "volume": 2536, "typical_volume": 8667.55, "trend": 44.308167, "fair_value": 49.602692, "relative_strength": 0.75711, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.833651, "energy": 91.726115, "activity_lines": [ 46.669, 45.667909, 44.915024, 44.596333 ] }, { "date": "2024-03-15", "close": 47.224998, "volume": 5931, "typical_volume": 8837.85, "trend": 44.444, "fair_value": 49.52234, "relative_strength": 0.817714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.339072, "energy": 90.711627, "activity_lines": [ 46.963333, 46.081272, 45.1785, 44.784516 ] }, { "date": "2024-03-22", "close": 48.145, "volume": 8481, "typical_volume": 8981.15, "trend": 44.586833, "fair_value": 49.454167, "relative_strength": 3.028658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.144451, "energy": 93.587765, "activity_lines": [ 47.415999, 46.599363, 45.506571, 45.02329 ] }, { "date": "2024-03-29", "close": 48.735001, "volume": 4051, "typical_volume": 9023.25, "trend": 44.718833, "fair_value": 49.375865, "relative_strength": 3.57366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.269873, "energy": 93.493973, "activity_lines": [ 47.934, 47.142182, 45.871405, 45.290914 ] }, { "date": "2024-04-05", "close": 48.75, "volume": 8612, "typical_volume": 7466.6, "trend": 44.87, "fair_value": 49.31016, "relative_strength": 5.646562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.824794, "energy": 88.680225, "activity_lines": [ 48.312, 47.585, 46.214667, 45.550989 ] }, { "date": "2024-04-12", "close": 48.75, "volume": 14708, "typical_volume": 7877.4, "trend": 44.995, "fair_value": 49.239968, "relative_strength": 6.559691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.6469, "energy": 80.011615, "activity_lines": [ 48.564667, 47.936909, 46.5385, 45.801312 ] }, { "date": "2024-04-19", "close": 47.209999, "volume": 2445, "typical_volume": 7896.45, "trend": 45.074333, "fair_value": 49.160545, "relative_strength": 3.788901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.310031, "energy": 62.933783, "activity_lines": [ 48.194333, 47.914818, 46.695119, 45.944215 ] }, { "date": "2024-04-26", "close": 49.32, "volume": 8667, "typical_volume": 7930.9, "trend": 45.231666, "fair_value": 49.097981, "relative_strength": 7.724755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.650806, "energy": 65.283218, "activity_lines": [ 48.528333, 48.236182, 47.036714, 46.218129 ] }, { "date": "2024-05-03", "close": 50.27, "volume": 3913, "typical_volume": 7798.1, "trend": 45.454, "fair_value": 49.04234, "relative_strength": 10.16984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.093907, "energy": 69.595894, "activity_lines": [ 49.100666, 48.673091, 47.442428, 46.543183 ] }, { "date": "2024-05-10", "close": 50.540001, "volume": 101672, "typical_volume": 12598.4, "trend": 45.6705, "fair_value": 49.000865, "relative_strength": 5.980954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.241366, "energy": 71.088059, "activity_lines": [ 49.660667, 49.091636, 47.846476, 46.871312 ] }, { "date": "2024-05-17", "close": 52.189999, "volume": 30067, "typical_volume": 13928.0, "trend": 46.010166, "fair_value": 48.966955, "relative_strength": 6.620716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.437857, "energy": 95.698402, "activity_lines": [ 50.651333, 49.743454, 48.376071, 47.291925 ] }, { "date": "2024-05-24", "close": 51.619999, "volume": 1817, "typical_volume": 13426.4, "trend": 46.317833, "fair_value": 48.919647, "relative_strength": 6.195908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.771362, "energy": 90.997254, "activity_lines": [ 51.222666, 50.199182, 48.812976, 47.653849 ] }, { "date": "2024-05-31", "close": 49.18, "volume": 10303, "typical_volume": 13732.45, "trend": 46.488333, "fair_value": 48.84984, "relative_strength": 0.534215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.946157, "energy": 68.575691, "activity_lines": [ 50.686666, 50.131363, 48.98019, 47.838505 ] }, { "date": "2024-06-07", "close": 49.810001, "volume": 14419, "typical_volume": 14353.05, "trend": 46.685167, "fair_value": 48.785673, "relative_strength": -0.27808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.296114, "energy": 56.406354, "activity_lines": [ 50.37, 50.159273, 49.180857, 48.052806 ] }, { "date": "2024-06-14", "close": 49.860001, "volume": 14859, "typical_volume": 14074.2, "trend": 46.858167, "fair_value": 48.717147, "relative_strength": 1.545344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.792647, "energy": 39.338352, "activity_lines": [ 50.100667, 50.176727, 49.354262, 48.257634 ] }, { "date": "2024-06-21", "close": 50.540001, "volume": 3033, "typical_volume": 13744.05, "trend": 47.061667, "fair_value": 48.648558, "relative_strength": 3.095864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.663023, "energy": 32.66282, "activity_lines": [ 50.103334, 50.297637, 49.563333, 48.495172 ] }, { "date": "2024-06-28", "close": 50.860001, "volume": 2988, "typical_volume": 13724.5, "trend": 47.295167, "fair_value": 48.585289, "relative_strength": 3.80473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.475548, "energy": 39.972643, "activity_lines": [ 50.322668, 50.444182, 49.769738, 48.740226 ] }, { "date": "2024-07-05", "close": 51.650002, "volume": 24789, "typical_volume": 14822.55, "trend": 47.557333, "fair_value": 48.541506, "relative_strength": 5.214596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.948317, "energy": 51.492535, "activity_lines": [ 50.856001, 50.668001, 50.023477, 49.021183 ] }, { "date": "2024-07-12", "close": 52.880001, "volume": 15547, "typical_volume": 15350.4, "trend": 47.836, "fair_value": 48.49766, "relative_strength": 4.478581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.117524, "energy": 72.536478, "activity_lines": [ 51.634668, 51.073092, 50.368286, 49.364581 ] }, { "date": "2024-07-19", "close": 50.400002, "volume": 9170, "typical_volume": 14400.4, "trend": 48.0525, "fair_value": 48.44484, "relative_strength": 1.072096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.933417, "energy": 50.464628, "activity_lines": [ 51.382002, 50.979819, 50.44681, 49.53 ] }, { "date": "2024-07-26", "close": 49.549999, "volume": 3477, "typical_volume": 14447.45, "trend": 48.233333, "fair_value": 48.399199, "relative_strength": -1.166877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.83261, "energy": 37.969092, "activity_lines": [ 50.810001, 50.734546, 50.427572, 49.626613 ] }, { "date": "2024-08-02", "close": 47.485001, "volume": 19705, "typical_volume": 15136.15, "trend": 48.356667, "fair_value": 48.335705, "relative_strength": -2.329851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -7.431556, "energy": 11.318656, "activity_lines": [ 49.615667, 50.161819, 50.200024, 49.578334 ] }, { "date": "2024-08-09", "close": 48.16, "volume": 97212, "typical_volume": 19572.7, "trend": 48.5085, "fair_value": 48.277885, "relative_strength": -0.890476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -4.707075, "energy": 22.756599, "activity_lines": [ 48.871334, 49.787001, 50.035524, 49.565646 ] }, { "date": "2024-08-16", "close": 49.939999, "volume": 27127, "typical_volume": 20726.5, "trend": 48.737, "fair_value": 48.249551, "relative_strength": -0.003751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.510055, "energy": 21.188477, "activity_lines": [ 48.953, 49.754364, 50.040477, 49.658 ] }, { "date": "2024-08-23", "close": 49.395, "volume": 9845, "typical_volume": 20788.15, "trend": 48.925167, "fair_value": 48.203045, "relative_strength": -2.365301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.114335, "energy": 18.138474, "activity_lines": [ 49.049, 49.620273, 49.987786, 49.700452 ] }, { "date": "2024-08-30", "close": 48.919998, "volume": 36220, "typical_volume": 21863.75, "trend": 49.103167, "fair_value": 48.14125, "relative_strength": -3.947923, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.146075, "energy": 20.074507, "activity_lines": [ 49.053666, 49.408273, 49.886786, 49.700118 ] }, { "date": "2024-09-06", "close": 47.459999, "volume": 16260, "typical_volume": 22554.5, "trend": 49.185167, "fair_value": 48.072532, "relative_strength": -2.655871, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.753359, "energy": 23.074653, "activity_lines": [ 48.613666, 48.960272, 49.645929, 49.594108 ] }, { "date": "2024-09-13", "close": 48.349998, "volume": 2898, "typical_volume": 22266.05, "trend": 49.257667, "fair_value": 48.011635, "relative_strength": -1.892599, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.837219, "energy": 25.493802, "activity_lines": [ 48.471999, 48.735908, 49.488643, 49.540226 ] }, { "date": "2024-09-20", "close": 49.415001, "volume": 7469, "typical_volume": 22443.85, "trend": 49.352833, "fair_value": 47.965833, "relative_strength": 1.102002, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.272105, "energy": 21.182793, "activity_lines": [ 48.672666, 48.765181, 49.437405, 49.550376 ] }, { "date": "2024-09-27", "close": 52.259998, "volume": 24222, "typical_volume": 18571.35, "trend": 49.5325, "fair_value": 47.9425, "relative_strength": 4.201413, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 20.626108, "energy": 11.717978, "activity_lines": [ 49.856666, 49.374726, 49.66119, 49.737935 ] }, { "date": "2024-10-04", "close": 53.16, "volume": 40744, "typical_volume": 19105.2, "trend": 49.734333, "fair_value": 47.920064, "relative_strength": 7.883001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.809207, "energy": 40.601687, "activity_lines": [ 51.149666, 50.11409, 49.9625, 49.971968 ] }, { "date": "2024-10-11", "close": 52.389999, "volume": 9791, "typical_volume": 19503.9, "trend": 49.9065, "fair_value": 47.887115, "relative_strength": 4.813731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.643138, "energy": 57.21597, "activity_lines": [ 51.903333, 50.647817, 50.185857, 50.143301 ] }, { "date": "2024-10-18", "close": 52.790001, "volume": 39095, "typical_volume": 20943.5, "trend": 50.061333, "fair_value": 47.854487, "relative_strength": 4.026461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.491848, "energy": 70.260747, "activity_lines": [ 52.461667, 51.16509, 50.443643, 50.329333 ] }, { "date": "2024-10-25", "close": 51.939999, "volume": 11085, "typical_volume": 20776.8, "trend": 50.168167, "fair_value": 47.826346, "relative_strength": 3.47489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.929314, "energy": 68.382471, "activity_lines": [ 52.440666, 51.443636, 50.603285, 50.450537 ] }, { "date": "2024-11-01", "close": 51.400002, "volume": 17270, "typical_volume": 20897.35, "trend": 50.2565, "fair_value": 47.79359, "relative_strength": 4.190957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.696872, "energy": 51.108138, "activity_lines": [ 52.071334, 51.587636, 50.701357, 50.530011 ] }, { "date": "2024-11-08", "close": 51.580002, "volume": 190319, "typical_volume": 30261.65, "trend": 50.350833, "fair_value": 47.752885, "relative_strength": 5.95278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.242827, "energy": 35.023524, "activity_lines": [ 51.819334, 51.727909, 50.809238, 50.615398 ] }, { "date": "2024-11-15", "close": 50.68, "volume": 95312, "typical_volume": 34877.85, "trend": 50.4665, "fair_value": 47.710577, "relative_strength": 5.534583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.79261, "energy": 19.357012, "activity_lines": [ 51.372668, 51.656182, 50.826452, 50.636634 ] }, { "date": "2024-11-22", "close": 50.98, "volume": 100231, "typical_volume": 38649.95, "trend": 50.521833, "fair_value": 47.686987, "relative_strength": 5.217996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.060664, "energy": 19.878502, "activity_lines": [ 51.140001, 51.580455, 50.873095, 50.669764 ] }, { "date": "2024-11-29", "close": 49.799999, "volume": 163359, "typical_volume": 46040.55, "trend": 50.506167, "fair_value": 47.656667, "relative_strength": 2.268282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.726538, "energy": 15.250195, "activity_lines": [ 50.634667, 51.242364, 50.810548, 50.623194 ] }, { "date": "2024-12-06", "close": 51.119999, "volume": 28372, "typical_volume": 47000.65, "trend": 50.5255, "fair_value": 47.626154, "relative_strength": 4.645403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.855823, "energy": 18.305458, "activity_lines": [ 50.712, 51.137273, 50.888381, 50.662796 ] }, { "date": "2024-12-13", "close": 52.029999, "volume": 18870, "typical_volume": 47770.3, "trend": 50.520167, "fair_value": 47.60968, "relative_strength": 7.059512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.997259, "energy": 18.626467, "activity_lines": [ 51.111333, 51.218363, 51.049452, 50.75986 ] }, { "date": "2024-12-20", "close": 50.580002, "volume": 135168, "typical_volume": 53543.45, "trend": 50.4855, "fair_value": 47.581987, "relative_strength": 6.655522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.325814, "energy": 8.448467, "activity_lines": [ 50.997333, 51.056364, 51.060619, 50.76372 ] }, { "date": "2024-12-27", "close": 51.130001, "volume": 5359, "typical_volume": 48950.8, "trend": 50.5505, "fair_value": 47.559423, "relative_strength": 5.693947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.259751, "energy": 16.101385, "activity_lines": [ 51.073334, 51.027273, 51.109429, 50.805301 ] }, { "date": "2025-01-03", "close": 51.43, "volume": 6888, "typical_volume": 47938.85, "trend": 50.6045, "fair_value": 47.536539, "relative_strength": 5.748365, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.150267, "energy": 20.358447, "activity_lines": [ 51.239334, 51.082909, 51.172667, 50.862043 ] }, { "date": "2025-01-10", "close": 50.490002, "volume": 45769, "typical_volume": 49735.05, "trend": 50.6255, "fair_value": 47.500385, "relative_strength": 2.150793, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.890687, "energy": 10.320496, "activity_lines": [ 50.983334, 50.97691, 51.139286, 50.854656 ] }, { "date": "2025-01-17", "close": 51.779999, "volume": 14872, "typical_volume": 48667.65, "trend": 50.666833, "fair_value": 47.4775, "relative_strength": 2.813192, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 42.096231, "energy": 21.515249, "activity_lines": [ 51.199334, 51.122, 51.223548, 50.92914 ] }, { "date": "2025-01-24", "close": 52.040001, "volume": 11958, "typical_volume": 48452.55, "trend": 50.706167, "fair_value": 47.466859, "relative_strength": 0.650078, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.054689, "energy": 32.102996, "activity_lines": [ 51.518667, 51.310728, 51.318953, 51.017731 ] }, { "date": "2025-01-31", "close": 52.549999, "volume": 11637, "typical_volume": 48889.5, "trend": 50.736167, "fair_value": 47.450256, "relative_strength": -0.996303, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.69149, "energy": 45.955255, "activity_lines": [ 51.910667, 51.567455, 51.441119, 51.136688 ] }, { "date": "2025-02-07", "close": 52.889999, "volume": 44699, "typical_volume": 50751.0, "trend": 50.7365, "fair_value": 47.427821, "relative_strength": -0.390951, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.329221, "energy": 60.068937, "activity_lines": [ 52.321333, 51.857455, 51.575667, 51.275645 ] }, { "date": "2025-02-14", "close": 53.25, "volume": 99084, "typical_volume": 54494.1, "trend": 50.8315, "fair_value": 47.414295, "relative_strength": -1.667559, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.534573, "energy": 67.426442, "activity_lines": [ 52.754666, 52.156727, 51.727952, 51.437806 ] }, { "date": "2025-02-21", "close": 54.43, "volume": 53412, "typical_volume": 55127.5, "trend": 50.994167, "fair_value": 47.421539, "relative_strength": -0.402347, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.330173, "energy": 76.954964, "activity_lines": [ 53.397333, 52.631818, 51.987905, 51.669968 ] }, { "date": "2025-02-28", "close": 52.09, "volume": 178178, "typical_volume": 63546.85, "trend": 51.147667, "fair_value": 47.433654, "relative_strength": -5.062466, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.53215, "energy": 56.359399, "activity_lines": [ 53.083333, 52.637818, 52.018952, 51.740667 ] }, { "date": "2025-03-07", "close": 51.939999, "volume": 216238, "typical_volume": 72404.0, "trend": 51.273666, "fair_value": 47.449647, "relative_strength": -5.827444, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.686722, "energy": 33.79312, "activity_lines": [ 52.716, 52.589091, 52.037143, 51.791785 ] }, { "date": "2025-03-14", "close": 52.73, "volume": 193740, "typical_volume": 81536.75, "trend": 51.366667, "fair_value": 47.458494, "relative_strength": -3.228433, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.948509, "energy": 25.359057, "activity_lines": [ 52.652666, 52.669272, 52.134619, 51.885742 ] }, { "date": "2025-03-21", "close": 52.810001, "volume": 188235, "typical_volume": 90085.0, "trend": 51.4805, "fair_value": 47.467853, "relative_strength": -4.216509, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.587919, "energy": 18.825006, "activity_lines": [ 52.626667, 52.740364, 52.235952, 51.97886 ] }, { "date": "2025-03-28", "close": 51.950001, "volume": 62428, "typical_volume": 83690.45, "trend": 51.5815, "fair_value": 47.464391, "relative_strength": -4.004481, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.114344, "energy": 16.043133, "activity_lines": [ 52.343334, 52.612909, 52.248667, 52.009151 ] }, { "date": "2025-04-04", "close": 46.945, "volume": 28400, "typical_volume": 80344.85, "trend": 51.564333, "fair_value": 47.433398, "relative_strength": -4.287281, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -39.487179, "energy": 34.252184, "activity_lines": [ 50.557, 51.572364, 51.782952, 51.710022 ] }, { "date": "2025-04-11", "close": 45.165001, "volume": 77639, "typical_volume": 79215.25, "trend": 51.458167, "fair_value": 47.393558, "relative_strength": -4.449661, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.849899, "energy": 79.851917, "activity_lines": [ 48.520334, 50.300819, 51.1655, 51.297161 ] }, { "date": "2025-04-18", "close": 46.389999, "volume": 26326, "typical_volume": 72363.6, "trend": 51.357333, "fair_value": 47.367276, "relative_strength": -5.315405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.837862, "energy": 83.366255, "activity_lines": [ 47.343667, 49.386273, 50.692405, 50.970183 ] }, { "date": "2025-04-25", "close": 48.369999, "volume": 12279, "typical_volume": 71558.95, "trend": 51.227667, "fair_value": 47.346891, "relative_strength": -3.466611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.688595, "energy": 79.30964, "activity_lines": [ 47.249666, 48.949909, 50.424119, 50.777452 ] }, { "date": "2025-05-02", "close": 50.009998, "volume": 9041, "typical_volume": 71067.5, "trend": 51.122667, "fair_value": 47.349071, "relative_strength": -2.563845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.634472, "energy": 69.919689, "activity_lines": [ 47.998332, 48.900454, 50.325119, 50.698892 ] }, { "date": "2025-05-09", "close": 50.209999, "volume": 19325, "typical_volume": 65275.35, "trend": 51.05, "fair_value": 47.351058, "relative_strength": -0.760379, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.106625, "energy": 34.391205, "activity_lines": [ 48.942999, 48.967727, 50.254785, 50.640011 ] }, { "date": "2025-05-16", "close": 52.150002, "volume": 27996, "typical_volume": 66407.2, "trend": 51.028667, "fair_value": 47.368045, "relative_strength": 1.053603, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.501415, "energy": 18.297653, "activity_lines": [ 50.316666, 49.421909, 50.370976, 50.710978 ] }, { "date": "2025-05-23", "close": 51.080002, "volume": 31505, "typical_volume": 67638.05, "trend": 51.0, "fair_value": 47.38093, "relative_strength": 0.150926, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.379332, "energy": 24.362165, "activity_lines": [ 50.868001, 49.677727, 50.380405, 50.71429 ] }, { "date": "2025-05-30", "close": 50.549999, "volume": 7946, "typical_volume": 65746.9, "trend": 50.971667, "fair_value": 47.384712, "relative_strength": -1.134832, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.257428, "energy": 23.733944, "activity_lines": [ 50.93, 49.867182, 50.341024, 50.685258 ] }, { "date": "2025-06-06", "close": 51.98, "volume": 38823, "typical_volume": 66944.45, "trend": 50.985, "fair_value": 47.39484, "relative_strength": 0.454347, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 10.713135, "energy": 20.834125, "activity_lines": [ 51.323334, 50.357727, 50.437548, 50.750312 ] }, { "date": "2025-06-13", "close": 51.549999, "volume": 13155, "typical_volume": 67004.3, "trend": 51.014, "fair_value": 47.418686, "relative_strength": 1.380327, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.720627, "energy": 18.075676, "activity_lines": [ 51.442, 50.769545, 50.492167, 50.786763 ] }, { "date": "2025-06-20", "close": 51.560001, "volume": 57648, "typical_volume": 69304.85, "trend": 51.033333, "fair_value": 47.442981, "relative_strength": 3.681552, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.256128, "energy": 17.341799, "activity_lines": [ 51.474667, 51.099455, 50.550071, 50.821989 ] }, { "date": "2025-06-27", "close": 52.389999, "volume": 40115, "typical_volume": 69075.65, "trend": 51.119667, "fair_value": 47.477789, "relative_strength": 4.328117, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.462893, "energy": 24.731022, "activity_lines": [ 51.823333, 51.464, 50.691738, 50.909516 ] }, { "date": "2025-07-04", "close": 52.169998, "volume": 71276, "typical_volume": 67685.25, "trend": 51.154667, "fair_value": 47.501731, "relative_strength": 3.93268, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.150821, "energy": 32.687567, "activity_lines": [ 52.011332, 51.679454, 50.814833, 50.977279 ] }, { "date": "2025-07-11", "close": 52.290001, "volume": 15209, "typical_volume": 65775.1, "trend": 51.163333, "fair_value": 47.537244, "relative_strength": 4.427363, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.094021, "energy": 40.958305, "activity_lines": [ 52.131333, 51.847636, 50.9545, 51.050527 ] }, { "date": "2025-07-18", "close": 53.599998, "volume": 79933, "typical_volume": 60862.85, "trend": 51.264, "fair_value": 47.578462, "relative_strength": 6.474676, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.539547, "energy": 57.992214, "activity_lines": [ 52.667332, 52.212545, 51.229119, 51.207731 ] }, { "date": "2025-07-25", "close": 53.560001, "volume": 8486, "typical_volume": 50475.25, "trend": 51.345, "fair_value": 47.622436, "relative_strength": 6.426562, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.870231, "energy": 71.523754, "activity_lines": [ 53.053333, 52.508545, 51.492738, 51.35586 ] }, { "date": "2025-08-01", "close": 53.959999, "volume": 14777, "typical_volume": 41527.1, "trend": 51.429333, "fair_value": 47.662885, "relative_strength": 8.029422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.466676, "energy": 77.701958, "activity_lines": [ 53.439333, 52.851636, 51.786738, 51.52457 ] }, { "date": "2025-08-08", "close": 54.23, "volume": 13493, "typical_volume": 32790.0, "trend": 51.554, "fair_value": 47.706667, "relative_strength": 8.036061, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.808716, "energy": 80.707032, "activity_lines": [ 53.810666, 53.191454, 52.100595, 51.705258 ] }, { "date": "2025-08-15", "close": 54.77, "volume": 44696, "typical_volume": 31903.4, "trend": 51.653666, "fair_value": 47.754615, "relative_strength": 7.023381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.57378, "energy": 85.983202, "activity_lines": [ 54.224666, 53.562545, 52.459119, 51.912742 ] }, { "date": "2025-08-22", "close": 55.09, "volume": 9295, "typical_volume": 30948.15, "trend": 51.755333, "fair_value": 47.800385, "relative_strength": 5.740781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.449252, "energy": 87.470428, "activity_lines": [ 54.58, 53.941091, 52.83469, 52.134441 ] }, { "date": "2025-08-29", "close": 54.32, "volume": 40591, "typical_volume": 29095.75, "trend": 51.814333, "fair_value": 47.843654, "relative_strength": 4.675805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.850521, "energy": 75.689469, "activity_lines": [ 54.579333, 54.115273, 53.098143, 52.299903 ] }, { "date": "2025-09-05", "close": 54.68, "volume": 32382, "typical_volume": 29398.55, "trend": 51.874, "fair_value": 47.896859, "relative_strength": 3.607455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.504066, "energy": 74.113855, "activity_lines": [ 54.648, 54.304727, 53.352286, 52.484785 ] }, { "date": "2025-09-12", "close": 56.669998, "volume": 64390, "typical_volume": 32004.1, "trend": 51.988, "fair_value": 47.970609, "relative_strength": 8.625355, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.321672, "energy": 84.978018, "activity_lines": [ 55.331999, 54.814363, 53.756476, 52.794204 ] }, { "date": "2025-09-19", "close": 57.34, "volume": 36758, "typical_volume": 33389.95, "trend": 52.085, "fair_value": 48.057756, "relative_strength": 10.378846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.648792, "energy": 91.25937, "activity_lines": [ 56.076666, 55.364, 54.184952, 53.139494 ] }, { "date": "2025-09-26", "close": 57.150002, "volume": 64627, "typical_volume": 35655.05, "trend": 52.253667, "fair_value": 48.149615, "relative_strength": 11.412676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.137181, "energy": 91.24491, "activity_lines": [ 56.586667, 55.787273, 54.560428, 53.466269 ] }, { "date": "2025-10-03", "close": 58.880001, "volume": 37234, "typical_volume": 36116.95, "trend": 52.485, "fair_value": 48.243718, "relative_strength": 9.351135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.875909, "energy": 96.052252, "activity_lines": [ 57.536001, 56.460546, 55.067619, 53.893774 ] }, { "date": "2025-10-10", "close": 57.380001, "volume": 20637, "typical_volume": 35573.55, "trend": 52.64, "fair_value": 48.335577, "relative_strength": 6.648665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.835779, "energy": 82.40237, "activity_lines": [ 57.681334, 56.764364, 55.399905, 54.209581 ] }, { "date": "2025-10-17", "close": 58.32, "volume": 21039, "typical_volume": 36228.2, "trend": 52.823667, "fair_value": 48.431987, "relative_strength": 6.840604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.294885, "energy": 69.084253, "activity_lines": [ 57.960001, 57.176909, 55.791714, 54.576032 ] }, { "date": "2025-10-24", "close": 74.619102, "volume": 26317, "typical_volume": 35602.9, "trend": 53.579303, "fair_value": 48.641212, "relative_strength": 36.51201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.205987, "energy": 85.428844, "activity_lines": [ 63.561701, 60.478564, 57.698819, 55.982189 ] }, { "date": "2025-10-31", "close": 60.529999, "volume": 23171, "typical_volume": 36103.7, "trend": 54.032137, "fair_value": 48.744225, "relative_strength": 13.42966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.120112, "energy": 62.230357, "activity_lines": [ 63.315094, 60.857671, 58.1563, 56.430621 ] }, { "date": "2025-11-07", "close": 59.299999, "volume": 18211, "typical_volume": 34131.85, "trend": 54.503303, "fair_value": 48.837815, "relative_strength": 10.329006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.753186, "energy": 57.133399, "activity_lines": [ 62.433153, 60.914233, 58.453875, 56.770483 ] }, { "date": "2025-11-14", "close": 59.799999, "volume": 22803, "typical_volume": 33266.25, "trend": 54.950303, "fair_value": 48.933969, "relative_strength": 8.122746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.665486, "energy": 51.350061, "activity_lines": [ 61.689879, 60.971158, 58.762213, 57.112206 ] }, { "date": "2025-11-21", "close": 58.389999, "volume": 25479, "typical_volume": 30976.4, "trend": 55.284303, "fair_value": 49.022751, "relative_strength": 5.461426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.518801, "energy": 22.149026, "activity_lines": [ 60.315273, 60.678629, 58.900979, 57.334122 ] }, { "date": "2025-11-28", "close": 59.619999, "volume": 22138, "typical_volume": 31322.85, "trend": 55.604637, "fair_value": 49.114417, "relative_strength": 5.80267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.211391, "energy": 22.480378, "activity_lines": [ 59.345999, 60.578463, 59.127269, 57.613844 ] }, { "date": "2025-12-05", "close": 60.169998, "volume": 17989, "typical_volume": 28225.65, "trend": 55.936637, "fair_value": 49.20852, "relative_strength": 5.789442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.987612, "energy": 19.448766, "activity_lines": [ 59.559999, 60.536843, 59.371035, 57.908383 ] }, { "date": "2025-12-12", "close": 58.849998, "volume": 24564, "typical_volume": 29029.55, "trend": 56.15997, "fair_value": 49.30243, "relative_strength": 3.807333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.201414, "energy": 18.172889, "activity_lines": [ 59.357998, 60.200313, 59.457801, 58.096342 ] }, { "date": "2025-12-19", "close": 59.32, "volume": 15945, "typical_volume": 29087.95, "trend": 56.434636, "fair_value": 49.39852, "relative_strength": 2.350157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.190124, "energy": 14.44032, "activity_lines": [ 59.342666, 59.949784, 59.564139, 58.300215 ] }, { "date": "2025-12-26", "close": 59.049999, "volume": 17988, "typical_volume": 29312.7, "trend": 56.71797, "fair_value": 49.493199, "relative_strength": 1.317534, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.145302, "energy": 10.281207, "activity_lines": [ 59.269332, 59.614892, 59.619238, 58.468948 ] }, { "date": "2026-01-02", "close": 59.790001, "volume": 19091, "typical_volume": 28032.45, "trend": 56.978303, "fair_value": 49.578969, "relative_strength": 2.359689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.571855, "energy": 10.034004, "activity_lines": [ 59.398666, 59.401272, 59.721861, 58.667144 ] }, { "date": "2026-01-09", "close": 63.080002, "volume": 42622, "typical_volume": 29698.8, "trend": 57.362636, "fair_value": 49.676853, "relative_strength": 6.555725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.890135, "energy": 26.291612, "activity_lines": [ 60.613334, 60.055454, 60.113914, 59.060802 ] }, { "date": "2026-01-16", "close": 64.080002, "volume": 62054, "typical_volume": 30771.95, "trend": 57.77997, "fair_value": 49.777943, "relative_strength": 8.095152, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.55526, "energy": 47.148896, "activity_lines": [ 61.967335, 60.845091, 60.563156, 59.49418 ] }, { "date": "2026-01-23", "close": 64.019997, "volume": 85255, "typical_volume": 33415.6, "trend": 58.167636, "fair_value": 49.872943, "relative_strength": 9.879461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.648709, "energy": 70.537899, "activity_lines": [ 62.952667, 61.536909, 60.960208, 59.896763 ] }, { "date": "2026-01-30", "close": 63.41, "volume": 54174, "typical_volume": 32904.8, "trend": 58.542303, "fair_value": 49.97102, "relative_strength": 8.194273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.889428, "energy": 81.281357, "activity_lines": [ 63.421333, 62.041091, 61.254688, 60.23498 ] }, { "date": "2026-02-06", "close": 64.129997, "volume": 54353, "typical_volume": 33784.55, "trend": 58.93697, "fair_value": 50.080443, "relative_strength": 7.173424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.899485, "energy": 82.343808, "activity_lines": [ 63.839332, 62.584908, 61.585645, 60.595476 ] }, { "date": "2026-02-13", "close": 64.709999, "volume": 114773, "typical_volume": 36291.85, "trend": 59.307303, "fair_value": 50.195379, "relative_strength": 6.518031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.411284, "energy": 83.063265, "activity_lines": [ 64.161332, 63.152181, 61.939506, 60.967929 ] }, { "date": "2026-02-20", "close": 66.43, "volume": 46512, "typical_volume": 36755.75, "trend": 59.736303, "fair_value": 50.329545, "relative_strength": 7.033518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.47043, "energy": 88.526303, "activity_lines": [ 64.947999, 63.949636, 62.421177, 61.427458 ] }, { "date": "2026-02-27", "close": 66.559998, "volume": 102460, "typical_volume": 40846.9, "trend": 60.156303, "fair_value": 50.456885, "relative_strength": 5.72263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.12032, "energy": 82.710232, "activity_lines": [ 65.621332, 64.632908, 62.879276, 61.867697 ] }, { "date": "2026-03-06", "close": 62.09, "volume": 90460, "typical_volume": 44317.95, "trend": 60.418303, "fair_value": 50.569962, "relative_strength": 5.195224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.577703, "energy": 49.972289, "activity_lines": [ 64.635332, 64.371817, 62.867947, 61.992451 ] }, { "date": "2026-03-13", "close": 62.150002, "volume": 41364, "typical_volume": 45070.3, "trend": 60.664303, "fair_value": 50.685475, "relative_strength": 7.052295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.385602, "energy": 33.116767, "activity_lines": [ 63.757334, 64.066363, 62.844381, 62.104174 ] }, { "date": "2026-03-20", "close": 61.0, "volume": 40236, "typical_volume": 45923.55, "trend": 60.861303, "fair_value": 50.790154, "relative_strength": 9.068188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.388909, "energy": 18.014405, "activity_lines": [ 62.628, 63.508909, 62.770666, 62.125832 ] }, { "date": "2026-03-27", "close": 60.73, "volume": 88445, "typical_volume": 49435.25, "trend": 61.07497, "fair_value": 50.886565, "relative_strength": 6.079188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.491218, "energy": 22.998544, "activity_lines": [ 61.656, 62.940182, 62.669, 62.117361 ] }, { "date": "2026-04-03", "close": 62.400002, "volume": 30418, "typical_volume": 49816.0, "trend": 61.332303, "fair_value": 50.991757, "relative_strength": 5.194561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.055912, "energy": 21.88853, "activity_lines": [ 61.620668, 62.736, 62.719571, 62.202846 ] }, { "date": "2026-04-10", "close": 66.239998, "volume": 47280, "typical_volume": 50906.05, "trend": 61.651303, "fair_value": 51.128488, "relative_strength": 9.499152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.371948, "energy": 21.319937, "activity_lines": [ 63.142667, 63.259454, 63.123476, 62.519472 ] }, { "date": "2026-04-17", "close": 68.900002, "volume": 38699, "typical_volume": 51734.1, "trend": 62.036637, "fair_value": 51.287462, "relative_strength": 11.293328, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 73.014178, "energy": 53.339983, "activity_lines": [ 65.274667, 64.215091, 63.743333, 62.98713 ] }, { "date": "2026-04-24", "close": 68.879997, "volume": 34391, "typical_volume": 52554.2, "trend": 62.427636, "fair_value": 51.445154, "relative_strength": 12.876953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.709712, "energy": 75.077535, "activity_lines": [ 66.949999, 65.080363, 64.317095, 63.428637 ] }, { "date": "2026-05-01", "close": 68.529999, "volume": 46996, "typical_volume": 53675.8, "trend": 62.749303, "fair_value": 51.600026, "relative_strength": 12.061007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.215052, "energy": 78.855772, "activity_lines": [ 67.983332, 65.806181, 64.816047, 63.822338 ] }, { "date": "2026-05-08", "close": 72.940002, "volume": 76153, "typical_volume": 56686.2, "trend": 63.26797, "fair_value": 51.785667, "relative_strength": 18.902382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.826319, "energy": 89.907024, "activity_lines": [ 69.966667, 67.295636, 65.688905, 64.479802 ] }, { "date": "2026-05-15", "close": 71.080002, "volume": 40507, "typical_volume": 57812.15, "trend": 63.693303, "fair_value": 51.954321, "relative_strength": 14.283379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.478367, "energy": 83.882266, "activity_lines": [ 70.627334, 68.330909, 66.319762, 64.983804 ] }, { "date": "2026-05-22", "close": 71.949997, "volume": 51782, "typical_volume": 59446.7, "trend": 63.604333, "fair_value": 52.12759, "relative_strength": 12.731572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.213964, "energy": 82.150743, "activity_lines": [ 71.255333, 69.360909, 66.97619, 65.516494 ] }, { "date": "2026-05-29", "close": 74.5, "volume": 29115, "typical_volume": 58771.35, "trend": 64.07, "fair_value": 52.313648, "relative_strength": 15.743218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.432524, "energy": 85.74581, "activity_lines": [ 72.53, 70.676363, 67.817571, 66.219441 ] }, { "date": "2026-06-05", "close": 72.730003, "volume": 6613, "typical_volume": 55999.3, "trend": 64.517666, "fair_value": 52.485186, "relative_strength": 13.731157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.448349, "energy": 72.554649, "activity_lines": [ 72.840001, 71.424546, 68.436, 66.778151 ] }, { "date": "2026-06-12", "close": 74.879997, "volume": 3821, "typical_volume": 51927.6, "trend": 65.020333, "fair_value": 52.66586, "relative_strength": 13.803367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.458062, "energy": 79.175644, "activity_lines": [ 73.586666, 72.345454, 69.218, 67.446688 ] }, { "date": "2026-06-19", "close": 78.510002, "volume": 4415, "typical_volume": 49439.65, "trend": 65.691, "fair_value": 52.882206, "relative_strength": 18.106608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.849822, "energy": 91.455155, "activity_lines": [ 75.414, 73.699455, 70.294, 68.316989 ] }, { "date": "2026-06-26", "close": 75.830002, "volume": 10862, "typical_volume": 47265.1, "trend": 66.231333, "fair_value": 53.077719, "relative_strength": 10.435785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.610518, "energy": 77.916144, "activity_lines": [ 75.852668, 74.343091, 71.042857, 68.971118 ] }, { "date": "2026-07-03", "close": 75.68, "volume": 5035, "typical_volume": 41778.2, "trend": 66.748333, "fair_value": 53.276244, "relative_strength": 7.914465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.441678, "energy": 75.988843, "activity_lines": [ 75.982667, 74.833455, 71.721715, 69.58071 ] }, { "date": "2026-07-10", "close": 75.129997, "volume": 2155, "typical_volume": 39560.35, "trend": 67.291, "fair_value": 53.46977, "relative_strength": 8.169723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.769667, "energy": 69.126562, "activity_lines": [ 75.850666, 75.100182, 72.295952, 70.121462 ] }, { "date": "2026-07-17", "close": 71.019997, "volume": 6988, "typical_volume": 34786.75, "trend": 67.681, "fair_value": 53.638936, "relative_strength": 1.287097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.118027, "energy": 40.619226, "activity_lines": [ 74.188665, 74.499636, 72.437333, 70.362043 ] }, { "date": "2026-07-24", "close": 72.709999, "volume": 23702, "typical_volume": 31448.85, "trend": 68.136333, "fair_value": 53.808552, "relative_strength": 3.574283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.859237, "energy": 27.360679, "activity_lines": [ 73.347332, 74.241272, 72.718428, 70.686494 ] }, { "date": "2026-07-31", "close": 71.82, "volume": 61194, "typical_volume": 32440.35, "trend": 68.537333, "fair_value": 53.978712, "relative_strength": 1.992396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.768814, "energy": 24.319809, "activity_lines": [ 72.595999, 73.791454, 72.86419, 70.92415 ] }, { "date": "2026-08-07", "close": 73.82, "volume": 51225, "typical_volume": 32989.8, "trend": 68.895333, "fair_value": 54.168039, "relative_strength": 3.195623, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.302715, "energy": 25.115887, "activity_lines": [ 72.778666, 73.707636, 73.154381, 71.264967 ] }, { "date": "2026-08-14", "close": 75.309998, "volume": 43107, "typical_volume": 30722.9, "trend": 69.269666, "fair_value": 54.374193, "relative_strength": 6.11764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.160753, "energy": 27.259201, "activity_lines": [ 73.581999, 73.90709, 73.525428, 71.678817 ] }, { "date": "2026-08-21", "close": 74.980003, "volume": 46655, "typical_volume": 31534.75, "trend": 69.635, "fair_value": 54.57368, "relative_strength": 4.883908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.532691, "energy": 34.334337, "activity_lines": [ 74.263334, 73.999636, 73.795619, 72.047226 ] } ], "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." } } }