{ "ticker": { "uuid": "3751b4ec-8b53-4c9d-a6f5-19d123604fa8", "symbol": "ESGE", "name": "Amundi MSCI Europe ESG Selection UCITS ETF Acc", "exchange": "PAR", "country": "FR", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 71.774, "architecture_energy": 60.176, "architecture_maturity": 71.585, "architecture_confidence": 61.395, "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": 15.24, "rotation_up": 46.62, "upward_expansion": 75.27, "deceleration": 72.09, "rotation_down": 29.18, "downward_expansion": 15.6 }, "activity_lines": [ 42.492666, 42.44289, 41.657428, 40.86955 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 42.884998, "trend_reference": 40.0333, "distance_from_trend": 0.071233, "trend_direction": "Improving", "fair_value": 34.721549, "distance_from_fair_value": 0.235112, "fair_value_direction": "Improving", "relative_strength": 4.282961, "relative_strength_direction": "Weakening", "price_momentum": 0.098826, "excess_performance": 0.045515, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071233, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045969, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.235112, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.060754, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.04283, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.020841, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.098826, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.278597, "read": "Demand-led" } ], "volume": { "latest": 47658, "relative_activity": 0.870884, "balance": 2.278597, "dry_up": 0.680473, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.018599, "annualized_volatility": 0.158613, "from_high_reference": -0.009813, "from_low_reference": 0.247273 }, "levels": { "trend_reference": 40.0333, "fair_value_reference": 34.721549, "structural_low": 35.214001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.007395, "positive_rate": 0.527778, "directional_follow_through": 0.527778, "median_excess_return": -0.0006, "regime_survival": 0.777778, "best_return": 0.082337, "worst_return": -0.078502, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.02595, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.004113, "regime_survival": 0.583333, "best_return": 0.105145, "worst_return": -0.044946, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.05434, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.021263, "regime_survival": 0.428571, "best_return": 0.158249, "worst_return": -0.124056, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.095161, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.04731, "regime_survival": 0.5, "best_return": 0.128094, "worst_return": -0.058312, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-26", "end": "2024-11-15", "tenure": "Established", "return": -0.033696, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-01-17", "tenure": "Developing", "return": 0.022647, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.010796, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.012603, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.037053, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.010847, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.056281, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.015567, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": -0.002175, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-22", "tenure": "New", "return": 0.059063, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-03-13", "tenure": "Extended", "return": 0.085071, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.080117, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.020779, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.09186, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 28.771999, "volume": 8270, "typical_volume": 100239.95, "trend": 29.129433, "fair_value": 26.91084, "relative_strength": -0.555372, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.721728, "energy": 3.39182, "activity_lines": [ 29.308799, 29.363945, 29.443619, 29.326638 ] }, { "date": "2023-08-25", "close": 28.957001, "volume": 24389, "typical_volume": 98316.85, "trend": 29.146833, "fair_value": 26.953295, "relative_strength": -0.711618, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.611777, "energy": 15.18749, "activity_lines": [ 29.135333, 29.285091, 29.393695, 29.315514 ] }, { "date": "2023-09-01", "close": 29.4, "volume": 16448, "typical_volume": 96324.65, "trend": 29.168467, "fair_value": 27.001045, "relative_strength": -0.044374, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.909871, "energy": 11.734006, "activity_lines": [ 29.160733, 29.303491, 29.385924, 29.331847 ] }, { "date": "2023-09-08", "close": 29.094999, "volume": 161894, "typical_volume": 103641.0, "trend": 29.185633, "fair_value": 27.044064, "relative_strength": -0.228606, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.845289, "energy": 14.312737, "activity_lines": [ 29.129733, 29.258054, 29.349695, 29.327107 ] }, { "date": "2023-09-15", "close": 29.591, "volume": 41416, "typical_volume": 99330.9, "trend": 29.206, "fair_value": 27.090128, "relative_strength": -0.350666, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.33498, "energy": 9.579349, "activity_lines": [ 29.2814, 29.312054, 29.363757, 29.35326 ] }, { "date": "2023-09-22", "close": 29.002001, "volume": 36258, "typical_volume": 99365.8, "trend": 29.2233, "fair_value": 27.137385, "relative_strength": 0.377095, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.652949, "energy": 2.193137, "activity_lines": [ 29.227734, 29.241327, 29.321657, 29.340099 ] }, { "date": "2023-09-29", "close": 28.872, "volume": 98850, "typical_volume": 83790.75, "trend": 29.221633, "fair_value": 27.180737, "relative_strength": 0.689451, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.337105, "energy": 14.006026, "activity_lines": [ 29.1154, 29.155655, 29.269852, 29.317434 ] }, { "date": "2023-10-06", "close": 28.642, "volume": 48849, "typical_volume": 83434.9, "trend": 29.2331, "fair_value": 27.219705, "relative_strength": 0.992285, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.427646, "energy": 28.122135, "activity_lines": [ 28.932067, 29.043673, 29.200486, 29.280039 ] }, { "date": "2023-10-13", "close": 28.896, "volume": 154135, "typical_volume": 88228.6, "trend": 29.287033, "fair_value": 27.261256, "relative_strength": 2.696223, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.930447, "energy": 46.540493, "activity_lines": [ 28.883933, 29.004, 29.161981, 29.25829 ] }, { "date": "2023-10-20", "close": 27.822001, "volume": 154854, "typical_volume": 91275.55, "trend": 29.291533, "fair_value": 27.29868, "relative_strength": 1.596447, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.913467, "energy": 66.111113, "activity_lines": [ 28.491067, 28.7774, 29.024276, 29.163772 ] }, { "date": "2023-10-27", "close": 27.632, "volume": 51045, "typical_volume": 76377.2, "trend": 29.2511, "fair_value": 27.343295, "relative_strength": 1.204663, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.262712, "energy": 74.586268, "activity_lines": [ 28.1528, 28.545964, 28.876833, 29.056705 ] }, { "date": "2023-11-03", "close": 28.587999, "volume": 93449, "typical_volume": 75743.05, "trend": 29.239067, "fair_value": 27.384276, "relative_strength": 0.943947, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.271769, "energy": 62.666656, "activity_lines": [ 28.224533, 28.509073, 28.828948, 29.013925 ] }, { "date": "2023-11-10", "close": 28.634001, "volume": 249497, "typical_volume": 86303.35, "trend": 29.2094, "fair_value": 27.418891, "relative_strength": 1.145111, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.699596, "energy": 55.194375, "activity_lines": [ 28.330534, 28.487255, 28.791576, 28.974888 ] }, { "date": "2023-11-17", "close": 29.337, "volume": 31120, "typical_volume": 77735.9, "trend": 29.1961, "fair_value": 27.457083, "relative_strength": 0.91897, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.113994, "energy": 17.084947, "activity_lines": [ 28.6714, 28.607182, 28.82261, 28.98312 ] }, { "date": "2023-11-24", "close": 29.613001, "volume": 105324, "typical_volume": 78849.3, "trend": 29.1973, "fair_value": 27.495987, "relative_strength": 1.054063, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.938551, "energy": 16.797109, "activity_lines": [ 29.074867, 28.772891, 28.8812, 29.010017 ] }, { "date": "2023-12-01", "close": 29.973, "volume": 227350, "typical_volume": 84418.75, "trend": 29.210933, "fair_value": 27.537288, "relative_strength": 1.546593, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.130302, "energy": 33.845413, "activity_lines": [ 29.478934, 29.003655, 28.969353, 29.060062 ] }, { "date": "2023-12-08", "close": 30.315001, "volume": 149562, "typical_volume": 90227.25, "trend": 29.228633, "fair_value": 27.581981, "relative_strength": 0.27565, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.414726, "energy": 51.717712, "activity_lines": [ 29.840934, 29.278946, 29.087729, 29.131293 ] }, { "date": "2023-12-15", "close": 30.669001, "volume": 121337, "typical_volume": 94117.95, "trend": 29.2495, "fair_value": 27.626353, "relative_strength": 0.540124, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.954729, "energy": 72.345801, "activity_lines": [ 30.205801, 29.592364, 29.23701, 29.22422 ] }, { "date": "2023-12-22", "close": 30.785, "volume": 87530, "typical_volume": 94727.2, "trend": 29.290867, "fair_value": 27.671301, "relative_strength": 1.302949, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.541787, "energy": 85.173661, "activity_lines": [ 30.473667, 29.890019, 29.394529, 29.323284 ] }, { "date": "2023-12-29", "close": 30.716999, "volume": 51051, "typical_volume": 95631.4, "trend": 29.328867, "fair_value": 27.714647, "relative_strength": 1.424844, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.768975, "energy": 84.226223, "activity_lines": [ 30.622333, 30.140964, 29.538762, 29.415293 ] }, { "date": "2024-01-05", "close": 30.607, "volume": 558346, "typical_volume": 123135.2, "trend": 29.368467, "fair_value": 27.752814, "relative_strength": 2.686496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.640998, "energy": 80.952859, "activity_lines": [ 30.660733, 30.319273, 29.666514, 29.497753 ] }, { "date": "2024-01-12", "close": 30.573999, "volume": 158486, "typical_volume": 129840.05, "trend": 29.391733, "fair_value": 27.791917, "relative_strength": 1.931913, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.427149, "energy": 72.806467, "activity_lines": [ 30.645866, 30.437491, 29.782386, 29.575529 ] }, { "date": "2024-01-19", "close": 30.142, "volume": 105504, "typical_volume": 134292.85, "trend": 29.431833, "fair_value": 27.82784, "relative_strength": 1.737518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.382029, "energy": 49.839489, "activity_lines": [ 30.469733, 30.441054, 29.849414, 29.623933 ] }, { "date": "2024-01-26", "close": 31.311001, "volume": 154606, "typical_volume": 133928.45, "trend": 29.488733, "fair_value": 27.876167, "relative_strength": 2.002961, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.67532, "energy": 56.693762, "activity_lines": [ 30.7184, 30.629746, 30.024243, 29.74517 ] }, { "date": "2024-02-02", "close": 31.309999, "volume": 210690, "typical_volume": 142392.15, "trend": 29.578367, "fair_value": 27.91966, "relative_strength": 2.489077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.856141, "energy": 62.478959, "activity_lines": [ 30.931666, 30.782363, 30.188424, 29.862671 ] }, { "date": "2024-02-09", "close": 31.393, "volume": 153232, "typical_volume": 148240.85, "trend": 29.642133, "fair_value": 27.961571, "relative_strength": 1.971238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.180761, "energy": 76.273522, "activity_lines": [ 31.133067, 30.919218, 30.352324, 29.979744 ] }, { "date": "2024-02-16", "close": 31.943001, "volume": 151099, "typical_volume": 150853.3, "trend": 29.716067, "fair_value": 28.007256, "relative_strength": 2.064243, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.39123, "energy": 91.900059, "activity_lines": [ 31.4654, 31.130255, 30.557219, 30.128187 ] }, { "date": "2024-02-23", "close": 32.298, "volume": 32697, "typical_volume": 150045.7, "trend": 29.790033, "fair_value": 28.059224, "relative_strength": 0.583447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.272582, "energy": 92.868791, "activity_lines": [ 31.8248, 31.376236, 30.7813, 30.294764 ] }, { "date": "2024-03-01", "close": 32.284, "volume": 190693, "typical_volume": 151873.6, "trend": 29.887667, "fair_value": 28.10984, "relative_strength": 0.887785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.06951, "energy": 91.43177, "activity_lines": [ 32.0358, 31.590055, 30.986638, 30.455665 ] }, { "date": "2024-03-08", "close": 32.689999, "volume": 366678, "typical_volume": 162464.8, "trend": 29.995467, "fair_value": 28.157417, "relative_strength": 0.888838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.441189, "energy": 92.960186, "activity_lines": [ 32.317266, 31.850436, 31.214509, 30.63646 ] }, { "date": "2024-03-15", "close": 32.645, "volume": 47318, "typical_volume": 162278.45, "trend": 30.124567, "fair_value": 28.204449, "relative_strength": -0.960658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.106482, "energy": 88.208202, "activity_lines": [ 32.491733, 32.066764, 31.414914, 30.807398 ] }, { "date": "2024-03-22", "close": 32.983002, "volume": 237010, "typical_volume": 169456.5, "trend": 30.258767, "fair_value": 28.251609, "relative_strength": 0.169997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.141419, "energy": 85.370069, "activity_lines": [ 32.6954, 32.307491, 31.623638, 30.991813 ] }, { "date": "2024-03-29", "close": 33.098999, "volume": 29385, "typical_volume": 158450.9, "trend": 30.382067, "fair_value": 28.297218, "relative_strength": -0.182696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.82808, "energy": 73.492497, "activity_lines": [ 32.8684, 32.525509, 31.822481, 31.175054 ] }, { "date": "2024-04-05", "close": 32.733002, "volume": 48044, "typical_volume": 159297.1, "trend": 30.503334, "fair_value": 28.338353, "relative_strength": 0.43125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.263853, "energy": 66.018367, "activity_lines": [ 32.866001, 32.623219, 31.965205, 31.326727 ] }, { "date": "2024-04-12", "close": 32.750999, "volume": 189260, "typical_volume": 163493.9, "trend": 30.608667, "fair_value": 28.37825, "relative_strength": 1.041787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.030006, "energy": 63.679067, "activity_lines": [ 32.839667, 32.698346, 32.093472, 31.471738 ] }, { "date": "2024-04-19", "close": 32.353001, "volume": 44142, "typical_volume": 154333.5, "trend": 30.720367, "fair_value": 28.416769, "relative_strength": -0.381461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.834023, "energy": 53.474204, "activity_lines": [ 32.6766, 32.674909, 32.168891, 31.584275 ] }, { "date": "2024-04-26", "close": 33.213001, "volume": 69476, "typical_volume": 150329.2, "trend": 30.865067, "fair_value": 28.462109, "relative_strength": 1.358031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.32622, "energy": 57.567327, "activity_lines": [ 32.819667, 32.790382, 32.314881, 31.745091 ] }, { "date": "2024-05-03", "close": 33.238998, "volume": 436816, "typical_volume": 166103.15, "trend": 31.0183, "fair_value": 28.504397, "relative_strength": 3.005469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.897445, "energy": 57.047149, "activity_lines": [ 32.956066, 32.887491, 32.449548, 31.898247 ] }, { "date": "2024-05-10", "close": 34.330002, "volume": 53780, "typical_volume": 164415.65, "trend": 31.199434, "fair_value": 28.553769, "relative_strength": 2.922617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.904986, "energy": 68.497535, "activity_lines": [ 33.4468, 33.165855, 32.675881, 32.111906 ] }, { "date": "2024-05-17", "close": 34.522999, "volume": 85508, "typical_volume": 166138.5, "trend": 31.4228, "fair_value": 28.603237, "relative_strength": 4.048708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.645348, "energy": 92.078641, "activity_lines": [ 33.8954, 33.442109, 32.903714, 32.326329 ] }, { "date": "2024-05-24", "close": 34.465, "volume": 92080, "typical_volume": 142825.2, "trend": 31.650567, "fair_value": 28.651205, "relative_strength": 4.695038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.939146, "energy": 90.50166, "activity_lines": [ 34.206533, 33.674491, 33.1079, 32.5226 ] }, { "date": "2024-05-31", "close": 34.402, "volume": 81335, "typical_volume": 138967.65, "trend": 31.844367, "fair_value": 28.697782, "relative_strength": 5.72054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.004452, "energy": 87.604895, "activity_lines": [ 34.355867, 33.862327, 33.287714, 32.700112 ] }, { "date": "2024-06-07", "close": 34.967999, "volume": 81164, "typical_volume": 137750.65, "trend": 32.0555, "fair_value": 28.74593, "relative_strength": 7.192396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.814506, "energy": 89.882276, "activity_lines": [ 34.6146, 34.127273, 33.503205, 32.901637 ] }, { "date": "2024-06-14", "close": 34.216, "volume": 161509, "typical_volume": 138095.8, "trend": 32.218133, "fair_value": 28.790654, "relative_strength": 11.584126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.583144, "energy": 64.731026, "activity_lines": [ 34.5074, 34.221509, 33.624095, 33.041024 ] }, { "date": "2024-06-21", "close": 34.444, "volume": 37991, "typical_volume": 129460.85, "trend": 32.379167, "fair_value": 28.834833, "relative_strength": 10.236127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.94753, "energy": 59.164251, "activity_lines": [ 34.4838, 34.330236, 33.752867, 33.184628 ] }, { "date": "2024-06-28", "close": 34.284, "volume": 41195, "typical_volume": 123859.0, "trend": 32.522867, "fair_value": 28.877712, "relative_strength": 11.606758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.637396, "energy": 51.898021, "activity_lines": [ 34.412133, 34.379091, 33.851476, 33.30752 ] }, { "date": "2024-07-05", "close": 34.490002, "volume": 88336, "typical_volume": 120720.85, "trend": 32.662033, "fair_value": 28.921154, "relative_strength": 9.167339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.98085, "energy": 42.197598, "activity_lines": [ 34.421201, 34.430291, 33.955938, 33.434432 ] }, { "date": "2024-07-12", "close": 34.933998, "volume": 144262, "typical_volume": 126299.1, "trend": 32.8042, "fair_value": 28.968141, "relative_strength": 9.60666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.671652, "energy": 50.903928, "activity_lines": [ 34.5724, 34.539, 34.090557, 33.581011 ] }, { "date": "2024-07-19", "close": 33.716, "volume": 88570, "typical_volume": 121192.95, "trend": 32.9019, "fair_value": 29.004769, "relative_strength": 8.210047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.066094, "energy": 31.622351, "activity_lines": [ 34.319867, 34.395436, 34.096624, 33.639837 ] }, { "date": "2024-07-26", "close": 33.921001, "volume": 93670, "typical_volume": 107542.55, "trend": 33.0087, "fair_value": 29.042942, "relative_strength": 8.864294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.869147, "energy": 24.665015, "activity_lines": [ 34.169, 34.300309, 34.115395, 33.705585 ] }, { "date": "2024-08-02", "close": 33.015999, "volume": 177894, "typical_volume": 114071.35, "trend": 33.089, "fair_value": 29.071731, "relative_strength": 9.570293, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.845662, "energy": 12.925565, "activity_lines": [ 33.751333, 34.051582, 34.042114, 33.706056 ] }, { "date": "2024-08-09", "close": 33.118, "volume": 85484, "typical_volume": 106495.05, "trend": 33.1738, "fair_value": 29.098462, "relative_strength": 9.363366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.741395, "energy": 21.231311, "activity_lines": [ 33.4522, 33.847745, 33.976781, 33.707927 ] }, { "date": "2024-08-16", "close": 33.915001, "volume": 48140, "typical_volume": 107432.8, "trend": 33.299567, "fair_value": 29.132, "relative_strength": 9.019392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.991905, "energy": 18.588672, "activity_lines": [ 33.5102, 33.812164, 33.98671, 33.755746 ] }, { "date": "2024-08-23", "close": 34.393002, "volume": 55730, "typical_volume": 107817.1, "trend": 33.4023, "fair_value": 29.167949, "relative_strength": 8.43138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.231167, "energy": 16.27156, "activity_lines": [ 33.795468, 33.882637, 34.038276, 33.826291 ] }, { "date": "2024-08-30", "close": 34.839001, "volume": 41136, "typical_volume": 100410.9, "trend": 33.519934, "fair_value": 29.207115, "relative_strength": 8.793484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.953156, "energy": 25.507105, "activity_lines": [ 34.184268, 34.030982, 34.124415, 33.918981 ] }, { "date": "2024-09-06", "close": 33.624001, "volume": 48447, "typical_volume": 100626.15, "trend": 33.5943, "fair_value": 29.24066, "relative_strength": 8.702304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.444267, "energy": 18.255227, "activity_lines": [ 34.106868, 33.951237, 34.084896, 33.925695 ] }, { "date": "2024-09-13", "close": 34.182999, "volume": 95872, "typical_volume": 101945.95, "trend": 33.668967, "fair_value": 29.279218, "relative_strength": 8.555269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.041194, "energy": 23.26432, "activity_lines": [ 34.175267, 33.985128, 34.092562, 33.963675 ] }, { "date": "2024-09-20", "close": 34.067001, "volume": 132771, "typical_volume": 86743.7, "trend": 33.727934, "fair_value": 29.316199, "relative_strength": 7.434279, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 32.971966, "energy": 18.511904, "activity_lines": [ 34.134001, 34.00351, 34.084562, 33.989355 ] }, { "date": "2024-09-27", "close": 35.056999, "volume": 68452, "typical_volume": 87477.3, "trend": 33.820367, "fair_value": 29.364205, "relative_strength": 6.201182, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.294273, "energy": 32.076514, "activity_lines": [ 34.4126, 34.217655, 34.166905, 34.075101 ] }, { "date": "2024-10-04", "close": 34.353001, "volume": 82532, "typical_volume": 87328.5, "trend": 33.8758, "fair_value": 29.405878, "relative_strength": 7.281637, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.900632, "energy": 31.294785, "activity_lines": [ 34.412267, 34.279419, 34.178738, 34.109465 ] }, { "date": "2024-10-11", "close": 34.664001, "volume": 56226, "typical_volume": 85535.8, "trend": 33.9431, "fair_value": 29.445494, "relative_strength": 7.512658, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.22754, "energy": 38.232182, "activity_lines": [ 34.548, 34.389873, 34.221, 34.160316 ] }, { "date": "2024-10-18", "close": 34.633999, "volume": 33787, "typical_volume": 83158.4, "trend": 33.998134, "fair_value": 29.483577, "relative_strength": 6.698019, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.231154, "energy": 44.78554, "activity_lines": [ 34.6044, 34.464909, 34.259457, 34.204891 ] }, { "date": "2024-10-25", "close": 34.063, "volume": 30413, "typical_volume": 80620.85, "trend": 34.030267, "fair_value": 29.515821, "relative_strength": 6.326929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.439313, "energy": 20.288368, "activity_lines": [ 34.4404, 34.408564, 34.242429, 34.209075 ] }, { "date": "2024-11-01", "close": 33.446999, "volume": 372825, "typical_volume": 91186.65, "trend": 34.054067, "fair_value": 29.540968, "relative_strength": 5.432942, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.409911, "energy": 5.193571, "activity_lines": [ 34.071333, 34.237527, 34.171043, 34.171445 ] }, { "date": "2024-11-08", "close": 32.936001, "volume": 43945, "typical_volume": 91484.35, "trend": 34.060234, "fair_value": 29.561026, "relative_strength": 4.619648, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.368648, "energy": 38.221498, "activity_lines": [ 33.639267, 33.990782, 34.054653, 34.099312 ] }, { "date": "2024-11-15", "close": 32.778, "volume": 80670, "typical_volume": 93458.1, "trend": 34.0744, "fair_value": 29.579942, "relative_strength": 4.893372, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -70.038515, "energy": 67.681377, "activity_lines": [ 33.249, 33.749909, 33.930395, 34.016587 ] }, { "date": "2024-11-22", "close": 33.25, "volume": 125717, "typical_volume": 95327.15, "trend": 34.075633, "fair_value": 29.611006, "relative_strength": 6.369624, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.765367, "energy": 66.79754, "activity_lines": [ 33.1418, 33.610236, 33.858262, 33.9634 ] }, { "date": "2024-11-29", "close": 33.326, "volume": 115303, "typical_volume": 93879.2, "trend": 34.078533, "fair_value": 29.642404, "relative_strength": 6.655566, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.362696, "energy": 64.984015, "activity_lines": [ 33.1522, 33.501345, 33.799272, 33.915037 ] }, { "date": "2024-12-06", "close": 33.973, "volume": 60893, "typical_volume": 92495.35, "trend": 34.066633, "fair_value": 29.672756, "relative_strength": 5.661609, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.621939, "energy": 35.951193, "activity_lines": [ 33.4274, 33.523564, 33.809557, 33.908228 ] }, { "date": "2024-12-13", "close": 33.790001, "volume": 62432, "typical_volume": 90933.45, "trend": 34.0422, "fair_value": 29.703077, "relative_strength": 5.09368, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.110067, "energy": 17.6727, "activity_lines": [ 33.606534, 33.532218, 33.801191, 33.890381 ] }, { "date": "2024-12-20", "close": 32.723999, "volume": 143149, "typical_volume": 89196.2, "trend": 33.984167, "fair_value": 29.724218, "relative_strength": 3.470566, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.104713, "energy": 26.95588, "activity_lines": [ 33.3734, 33.357291, 33.691924, 33.805336 ] }, { "date": "2024-12-27", "close": 33.089001, "volume": 30368, "typical_volume": 86440.4, "trend": 33.9404, "fair_value": 29.742955, "relative_strength": 3.279245, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.173079, "energy": 28.45648, "activity_lines": [ 33.265534, 33.284, 33.61881, 33.747583 ] }, { "date": "2025-01-03", "close": 33.16, "volume": 36889, "typical_volume": 85877.85, "trend": 33.880134, "fair_value": 29.764539, "relative_strength": 4.342885, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.51959, "energy": 35.137128, "activity_lines": [ 33.192067, 33.251709, 33.552595, 33.697235 ] }, { "date": "2025-01-10", "close": 33.299999, "volume": 125506, "typical_volume": 89366.65, "trend": 33.8496, "fair_value": 29.789019, "relative_strength": 2.510736, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.893741, "energy": 42.006627, "activity_lines": [ 33.176333, 33.261291, 33.50331, 33.659807 ] }, { "date": "2025-01-17", "close": 34.002998, "volume": 37464, "typical_volume": 89183.05, "trend": 33.8349, "fair_value": 29.820385, "relative_strength": 0.748338, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.600078, "energy": 13.483228, "activity_lines": [ 33.439799, 33.401363, 33.526181, 33.669703 ] }, { "date": "2025-01-24", "close": 34.365002, "volume": 48624, "typical_volume": 89191.9, "trend": 33.8376, "fair_value": 29.857635, "relative_strength": -1.078782, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.882978, "energy": 10.062835, "activity_lines": [ 33.809733, 33.587855, 33.58751, 33.703903 ] }, { "date": "2025-01-31", "close": 34.736, "volume": 279987, "typical_volume": 98397.65, "trend": 33.8458, "fair_value": 29.899551, "relative_strength": -0.401663, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.743871, "energy": 32.760363, "activity_lines": [ 34.193933, 33.812945, 33.680643, 33.761865 ] }, { "date": "2025-02-07", "close": 34.991001, "volume": 52006, "typical_volume": 94359.4, "trend": 33.8477, "fair_value": 29.941218, "relative_strength": -0.082415, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.290278, "energy": 54.576293, "activity_lines": [ 34.553334, 34.057382, 33.795429, 33.835749 ] }, { "date": "2025-02-14", "close": 35.431999, "volume": 79013, "typical_volume": 94887.45, "trend": 33.9049, "fair_value": 29.988814, "relative_strength": -1.460544, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.095379, "energy": 81.494698, "activity_lines": [ 34.937667, 34.351727, 33.947814, 33.937961 ] }, { "date": "2025-02-21", "close": 35.679001, "volume": 30824, "typical_volume": 92302.05, "trend": 33.9635, "fair_value": 30.040949, "relative_strength": -0.620841, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.517172, "energy": 86.649958, "activity_lines": [ 35.2622, 34.664455, 34.121938, 34.052419 ] }, { "date": "2025-02-28", "close": 35.674999, "volume": 35179, "typical_volume": 91249.7, "trend": 34.052133, "fair_value": 30.105006, "relative_strength": -0.250063, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.123886, "energy": 85.470289, "activity_lines": [ 35.473667, 34.942109, 34.289367, 34.162839 ] }, { "date": "2025-03-07", "close": 35.199001, "volume": 89174, "typical_volume": 94019.05, "trend": 34.1215, "fair_value": 30.162026, "relative_strength": -1.804522, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.978894, "energy": 77.385624, "activity_lines": [ 35.439134, 35.079564, 34.406648, 34.23683 ] }, { "date": "2025-03-14", "close": 34.613998, "volume": 95165, "typical_volume": 97256.65, "trend": 34.1448, "fair_value": 30.206045, "relative_strength": -2.456721, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.76248, "energy": 47.239969, "activity_lines": [ 35.178733, 35.072291, 34.465524, 34.268604 ] }, { "date": "2025-03-21", "close": 34.890999, "volume": 29223, "typical_volume": 80076.55, "trend": 34.1614, "fair_value": 30.253135, "relative_strength": -1.980013, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.966558, "energy": 35.439373, "activity_lines": [ 35.035799, 35.088945, 34.548157, 34.316746 ] }, { "date": "2025-03-28", "close": 34.356998, "volume": 48212, "typical_volume": 80289.9, "trend": 34.145333, "fair_value": 30.294558, "relative_strength": -2.063734, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.33616, "energy": 23.524571, "activity_lines": [ 34.750932, 34.979581, 34.573057, 34.329365 ] }, { "date": "2025-04-04", "close": 31.806999, "volume": 30346, "typical_volume": 77773.7, "trend": 34.084767, "fair_value": 30.317686, "relative_strength": -1.475486, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -31.812836, "energy": 35.615222, "activity_lines": [ 33.704199, 34.400145, 34.348333, 34.178505 ] }, { "date": "2025-04-11", "close": 31.115999, "volume": 149253, "typical_volume": 78950.5, "trend": 33.982533, "fair_value": 30.337256, "relative_strength": -1.432042, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.022455, "energy": 56.147882, "activity_lines": [ 32.684999, 33.741581, 34.062423, 33.986972 ] }, { "date": "2025-04-18", "close": 32.152, "volume": 32635, "typical_volume": 74817.1, "trend": 33.9187, "fair_value": 30.366071, "relative_strength": -0.844422, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.185452, "energy": 70.648518, "activity_lines": [ 32.283333, 33.337199, 33.885342, 33.868873 ] }, { "date": "2025-04-25", "close": 33.173, "volume": 125474, "typical_volume": 78046.15, "trend": 33.8559, "fair_value": 30.401263, "relative_strength": -1.220968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.657737, "energy": 70.203354, "activity_lines": [ 32.386133, 33.170072, 33.81109, 33.820763 ] }, { "date": "2025-05-02", "close": 34.238998, "volume": 25389, "typical_volume": 76194.0, "trend": 33.8521, "fair_value": 30.451551, "relative_strength": -1.217593, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.743416, "energy": 40.273821, "activity_lines": [ 32.958799, 33.237835, 33.842171, 33.845479 ] }, { "date": "2025-05-09", "close": 34.230999, "volume": 71409, "typical_volume": 72607.0, "trend": 33.837666, "fair_value": 30.500474, "relative_strength": -1.003753, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 9.329792, "energy": 8.671076, "activity_lines": [ 33.536666, 33.330326, 33.870352, 33.869924 ] }, { "date": "2025-05-16", "close": 35.040001, "volume": 25988, "typical_volume": 72388.0, "trend": 33.8512, "fair_value": 30.555744, "relative_strength": -0.593243, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 32.669393, "energy": 30.888616, "activity_lines": [ 34.2226, 33.596163, 33.968404, 33.947494 ] }, { "date": "2025-05-23", "close": 34.817001, "volume": 623087, "typical_volume": 101697.9, "trend": 33.876333, "fair_value": 30.604526, "relative_strength": 0.613347, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.269339, "energy": 33.482982, "activity_lines": [ 34.5726, 33.824345, 34.035928, 34.009804 ] }, { "date": "2025-05-30", "close": 35.07, "volume": 24771, "typical_volume": 96661.15, "trend": 33.930433, "fair_value": 30.656058, "relative_strength": 1.020286, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.452102, "energy": 41.476616, "activity_lines": [ 34.829267, 34.094836, 34.119657, 34.086815 ] }, { "date": "2025-06-06", "close": 35.359001, "volume": 32703, "typical_volume": 96423.1, "trend": 34.0112, "fair_value": 30.716218, "relative_strength": 1.091766, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.751456, "energy": 58.878147, "activity_lines": [ 35.055801, 34.414618, 34.222481, 34.17898 ] }, { "date": "2025-06-13", "close": 34.938, "volume": 79401, "typical_volume": 97961.95, "trend": 34.0832, "fair_value": 30.780333, "relative_strength": 1.456353, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.520689, "energy": 50.369852, "activity_lines": [ 35.067334, 34.639637, 34.278752, 34.238774 ] }, { "date": "2025-06-20", "close": 34.328999, "volume": 24380, "typical_volume": 85181.6, "trend": 34.119166, "fair_value": 30.835551, "relative_strength": 0.932473, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.800424, "energy": 33.971962, "activity_lines": [ 34.828733, 34.697, 34.274295, 34.254632 ] }, { "date": "2025-06-27", "close": 34.688999, "volume": 219109, "typical_volume": 93536.75, "trend": 34.1646, "fair_value": 30.895173, "relative_strength": 0.67173, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.218099, "energy": 24.957184, "activity_lines": [ 34.757533, 34.7614, 34.306062, 34.291395 ] }, { "date": "2025-07-04", "close": 34.500999, "volume": 37664, "typical_volume": 91469.3, "trend": 34.1822, "fair_value": 30.949045, "relative_strength": 0.069288, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.968435, "energy": 18.266911, "activity_lines": [ 34.632199, 34.745491, 34.321361, 34.313099 ] }, { "date": "2025-07-11", "close": 34.764999, "volume": 18122, "typical_volume": 90834.2, "trend": 34.2147, "fair_value": 31.005737, "relative_strength": -0.843179, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.515801, "energy": 18.507987, "activity_lines": [ 34.632799, 34.753436, 34.366238, 34.350698 ] }, { "date": "2025-07-18", "close": 34.574001, "volume": 19936, "typical_volume": 90072.05, "trend": 34.276366, "fair_value": 31.056603, "relative_strength": -1.281111, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.941316, "energy": 16.832369, "activity_lines": [ 34.609333, 34.717091, 34.397276, 34.373879 ] }, { "date": "2025-07-25", "close": 34.862, "volume": 22650, "typical_volume": 86745.85, "trend": 34.335466, "fair_value": 31.104885, "relative_strength": -0.583464, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.079425, "energy": 21.776294, "activity_lines": [ 34.706133, 34.726872, 34.460985, 34.411662 ] }, { "date": "2025-08-01", "close": 33.641998, "volume": 22633, "typical_volume": 83119.25, "trend": 34.351533, "fair_value": 31.146455, "relative_strength": -0.355245, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.083523, "energy": 8.360261, "activity_lines": [ 34.360733, 34.518072, 34.410109, 34.366922 ] }, { "date": "2025-08-08", "close": 34.426998, "volume": 20699, "typical_volume": 82693.05, "trend": 34.3891, "fair_value": 31.190846, "relative_strength": -0.575628, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.771665, "energy": 6.353989, "activity_lines": [ 34.346799, 34.473363, 34.438623, 34.371791 ] }, { "date": "2025-08-15", "close": 35.018002, "volume": 20791, "typical_volume": 81322.0, "trend": 34.422933, "fair_value": 31.240244, "relative_strength": -1.115451, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.96445, "energy": 8.641719, "activity_lines": [ 34.5348, 34.5478, 34.525633, 34.412365 ] }, { "date": "2025-08-22", "close": 35.629002, "volume": 9325, "typical_volume": 80270.95, "trend": 34.465066, "fair_value": 31.298103, "relative_strength": 0.05568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.742098, "energy": 38.606818, "activity_lines": [ 34.909601, 34.739527, 34.667686, 34.490176 ] }, { "date": "2025-08-29", "close": 34.806, "volume": 12465, "typical_volume": 73431.55, "trend": 34.4674, "fair_value": 31.355596, "relative_strength": 1.137409, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.87082, "energy": 47.220949, "activity_lines": [ 34.939734, 34.769055, 34.713157, 34.512172 ] }, { "date": "2025-09-05", "close": 34.983002, "volume": 20355, "typical_volume": 72817.55, "trend": 34.467133, "fair_value": 31.412494, "relative_strength": 2.044053, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.965364, "energy": 52.128198, "activity_lines": [ 35.032601, 34.822091, 34.757914, 34.545437 ] }, { "date": "2025-09-12", "close": 35.313, "volume": 51694, "typical_volume": 69128.55, "trend": 34.463166, "fair_value": 31.476449, "relative_strength": 1.054895, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.054544, "energy": 57.246885, "activity_lines": [ 35.146068, 34.929782, 34.820619, 34.600009 ] }, { "date": "2025-09-19", "close": 35.464001, "volume": 20934, "typical_volume": 68905.8, "trend": 34.456, "fair_value": 31.548404, "relative_strength": 1.132196, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.623423, "energy": 48.741185, "activity_lines": [ 35.250801, 35.050164, 34.887515, 34.664579 ] }, { "date": "2025-09-26", "close": 35.351002, "volume": 27594, "typical_volume": 66715.05, "trend": 34.4452, "fair_value": 31.620526, "relative_strength": 0.594415, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.394406, "energy": 47.661771, "activity_lines": [ 35.288135, 35.137292, 34.937815, 34.722321 ] }, { "date": "2025-10-03", "close": 36.504002, "volume": 35051, "typical_volume": 67168.2, "trend": 34.4887, "fair_value": 31.698442, "relative_strength": 1.181809, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.048533, "energy": 70.05057, "activity_lines": [ 35.728335, 35.419928, 35.092591, 34.855147 ] }, { "date": "2025-10-10", "close": 36.053001, "volume": 54486, "typical_volume": 38738.15, "trend": 34.536667, "fair_value": 31.773853, "relative_strength": 2.004991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.049268, "energy": 67.778732, "activity_lines": [ 35.905001, 35.59071, 35.197444, 34.956069 ] }, { "date": "2025-10-17", "close": 36.450001, "volume": 35780, "typical_volume": 39288.6, "trend": 34.588633, "fair_value": 31.84959, "relative_strength": -0.065266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.332831, "energy": 73.70553, "activity_lines": [ 36.142668, 35.789838, 35.33422, 35.07951 ] }, { "date": "2025-10-24", "close": 36.855701, "volume": 30632, "typical_volume": 39185.05, "trend": 34.671924, "fair_value": 31.922947, "relative_strength": 0.442368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.545524, "energy": 82.339645, "activity_lines": [ 36.439768, 36.025947, 35.503063, 35.225773 ] }, { "date": "2025-10-31", "close": 36.501999, "volume": 23700, "typical_volume": 36400.0, "trend": 34.828423, "fair_value": 31.991479, "relative_strength": 0.767734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.592984, "energy": 76.802519, "activity_lines": [ 36.526187, 36.164334, 35.631093, 35.343842 ] }, { "date": "2025-11-07", "close": 35.948002, "volume": 65253, "typical_volume": 38443.65, "trend": 34.98949, "fair_value": 32.049799, "relative_strength": 1.356795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.394098, "energy": 59.408603, "activity_lines": [ 36.351207, 36.186121, 35.698913, 35.416073 ] }, { "date": "2025-11-14", "close": 36.623001, "volume": 17700, "typical_volume": 28373.2, "trend": 35.138524, "fair_value": 32.112158, "relative_strength": 0.491995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.067195, "energy": 50.593745, "activity_lines": [ 36.438294, 36.309872, 35.82331, 35.521461 ] }, { "date": "2025-11-21", "close": 35.769001, "volume": 38816, "typical_volume": 28430.8, "trend": 35.225057, "fair_value": 32.165992, "relative_strength": 0.497554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.211027, "energy": 30.293995, "activity_lines": [ 36.202714, 36.248532, 35.857164, 35.562137 ] }, { "date": "2025-11-28", "close": 36.797001, "volume": 39044, "typical_volume": 29476.9, "trend": 35.310324, "fair_value": 32.224921, "relative_strength": 1.636487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.131481, "energy": 34.868955, "activity_lines": [ 36.355201, 36.36581, 35.982884, 35.663552 ] }, { "date": "2025-12-05", "close": 36.808998, "volume": 149729, "typical_volume": 35966.55, "trend": 35.396257, "fair_value": 32.285607, "relative_strength": 1.786281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.121762, "energy": 42.960357, "activity_lines": [ 36.5156, 36.461033, 36.100071, 35.760241 ] }, { "date": "2025-12-12", "close": 36.689999, "volume": 142610, "typical_volume": 41964.55, "trend": 35.451257, "fair_value": 32.350972, "relative_strength": 2.042903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.059243, "energy": 40.192193, "activity_lines": [ 36.615866, 36.508111, 36.195282, 35.843708 ] }, { "date": "2025-12-19", "close": 37.230999, "volume": 199453, "typical_volume": 50805.55, "trend": 35.531724, "fair_value": 32.419344, "relative_strength": 2.465736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.23904, "energy": 62.989241, "activity_lines": [ 36.846999, 36.650171, 36.333312, 35.95853 ] }, { "date": "2025-12-26", "close": 37.521999, "volume": 21674, "typical_volume": 50854.3, "trend": 35.613457, "fair_value": 32.490703, "relative_strength": 3.816765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.885655, "energy": 72.215811, "activity_lines": [ 37.134599, 36.823721, 36.481965, 36.086935 ] }, { "date": "2026-01-02", "close": 37.646, "volume": 48422, "typical_volume": 52235.85, "trend": 35.68969, "fair_value": 32.554498, "relative_strength": 2.977446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.762503, "energy": 77.588809, "activity_lines": [ 37.346666, 37.000327, 36.627691, 36.218067 ] }, { "date": "2026-01-09", "close": 38.653999, "volume": 28846, "typical_volume": 53211.9, "trend": 35.813557, "fair_value": 32.62094, "relative_strength": 3.561528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.489537, "energy": 90.268753, "activity_lines": [ 37.838133, 37.345836, 36.856901, 36.409313 ] }, { "date": "2026-01-16", "close": 38.883999, "volume": 28754, "typical_volume": 54026.35, "trend": 35.96539, "fair_value": 32.689472, "relative_strength": 5.343738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.827329, "energy": 93.51328, "activity_lines": [ 38.283266, 37.694036, 37.093612, 36.607406 ] }, { "date": "2026-01-23", "close": 38.450001, "volume": 46565, "typical_volume": 55336.85, "trend": 36.090757, "fair_value": 32.753671, "relative_strength": 5.474836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.865108, "energy": 85.360979, "activity_lines": [ 38.437466, 37.909945, 37.269571, 36.767703 ] }, { "date": "2026-01-30", "close": 38.757, "volume": 29532, "typical_volume": 54228.75, "trend": 36.232624, "fair_value": 32.817812, "relative_strength": 6.350381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.175798, "energy": 85.281256, "activity_lines": [ 38.612733, 38.148454, 37.458258, 36.939719 ] }, { "date": "2026-02-06", "close": 39.028, "volume": 41649, "typical_volume": 55264.5, "trend": 36.374724, "fair_value": 32.884787, "relative_strength": 5.039367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.331603, "energy": 75.926683, "activity_lines": [ 38.796, 38.381909, 37.656355, 37.120066 ] }, { "date": "2026-02-13", "close": 39.181, "volume": 123531, "typical_volume": 60061.35, "trend": 36.52829, "fair_value": 32.950178, "relative_strength": 4.799041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.957062, "energy": 67.997089, "activity_lines": [ 38.938133, 38.602618, 37.852051, 37.301116 ] }, { "date": "2026-02-20", "close": 40.002998, "volume": 32708, "typical_volume": 59944.2, "trend": 36.699657, "fair_value": 33.024024, "relative_strength": 4.293829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.572409, "energy": 86.844804, "activity_lines": [ 39.319133, 38.929654, 38.107795, 37.525291 ] }, { "date": "2026-02-27", "close": 40.313999, "volume": 48916, "typical_volume": 59665.7, "trend": 36.922057, "fair_value": 33.097049, "relative_strength": 4.171787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.593945, "energy": 92.788264, "activity_lines": [ 39.729199, 39.252999, 38.376497, 37.758474 ] }, { "date": "2026-03-06", "close": 38.029999, "volume": 79514, "typical_volume": 61852.4, "trend": 37.042157, "fair_value": 33.159434, "relative_strength": 5.299514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.648953, "energy": 56.463519, "activity_lines": [ 39.253666, 39.105018, 38.407384, 37.829954 ] }, { "date": "2026-03-13", "close": 37.766998, "volume": 46996, "typical_volume": 62670.6, "trend": 37.13379, "fair_value": 33.226671, "relative_strength": 5.447198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.211997, "energy": 34.809977, "activity_lines": [ 38.738932, 38.899981, 38.405699, 37.876718 ] }, { "date": "2026-03-20", "close": 36.097, "volume": 48296, "typical_volume": 63900.4, "trend": 37.14939, "fair_value": 33.280581, "relative_strength": 3.853996, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -2.204623, "energy": 17.699464, "activity_lines": [ 37.751599, 38.389108, 38.240628, 37.809828 ] }, { "date": "2026-03-27", "close": 36.224998, "volume": 49910, "typical_volume": 63133.25, "trend": 37.19669, "fair_value": 33.327889, "relative_strength": 3.571096, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.757422, "energy": 40.190573, "activity_lines": [ 37.012532, 37.947999, 38.089675, 37.75019 ] }, { "date": "2026-04-03", "close": 37.584, "volume": 43058, "typical_volume": 64401.15, "trend": 37.28339, "fair_value": 33.383242, "relative_strength": 3.788872, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.930344, "energy": 33.484311, "activity_lines": [ 36.978332, 37.802326, 38.066833, 37.775178 ] }, { "date": "2026-04-10", "close": 38.988998, "volume": 168143, "typical_volume": 70867.5, "trend": 37.405923, "fair_value": 33.443915, "relative_strength": 3.645103, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 19.749397, "energy": 23.26227, "activity_lines": [ 37.594465, 37.927853, 38.173223, 37.885217 ] }, { "date": "2026-04-17", "close": 40.040001, "volume": 52248, "typical_volume": 71527.7, "trend": 37.558457, "fair_value": 33.509966, "relative_strength": 4.198395, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.786892, "energy": 26.172789, "activity_lines": [ 38.497, 38.240254, 38.364375, 38.055158 ] }, { "date": "2026-04-24", "close": 39.208, "volume": 20655, "typical_volume": 65074.0, "trend": 37.687023, "fair_value": 33.571703, "relative_strength": 5.197216, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.373178, "energy": 35.823796, "activity_lines": [ 38.970666, 38.382981, 38.460847, 38.16158 ] }, { "date": "2026-05-01", "close": 39.277, "volume": 27351, "typical_volume": 59311.05, "trend": 37.779456, "fair_value": 33.633966, "relative_strength": 5.747387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.59281, "energy": 39.647302, "activity_lines": [ 39.259933, 38.537763, 38.552466, 38.264159 ] }, { "date": "2026-05-08", "close": 39.571999, "volume": 229228, "typical_volume": 60799.8, "trend": 37.896756, "fair_value": 33.69671, "relative_strength": 6.367028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.216366, "energy": 54.38519, "activity_lines": [ 39.444066, 38.759381, 38.659861, 38.379807 ] }, { "date": "2026-05-15", "close": 39.293999, "volume": 49591, "typical_volume": 62195.65, "trend": 37.991556, "fair_value": 33.756011, "relative_strength": 7.520449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.690853, "energy": 48.037493, "activity_lines": [ 39.402999, 38.943945, 38.729633, 38.469951 ] }, { "date": "2026-05-22", "close": 40.867001, "volume": 42286, "typical_volume": 61888.85, "trend": 38.125266, "fair_value": 33.828594, "relative_strength": 9.331685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.958459, "energy": 53.456389, "activity_lines": [ 39.865933, 39.391527, 38.940776, 38.655464 ] }, { "date": "2026-05-29", "close": 40.960999, "volume": 77125, "typical_volume": 64302.8, "trend": 38.2739, "fair_value": 33.901569, "relative_strength": 8.460073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.756579, "energy": 57.417055, "activity_lines": [ 40.305066, 39.799836, 39.145533, 38.838415 ] }, { "date": "2026-06-05", "close": 40.973, "volume": 111202, "typical_volume": 68425.2, "trend": 38.4414, "fair_value": 33.975633, "relative_strength": 7.826571, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.412107, "energy": 66.859114, "activity_lines": [ 40.631333, 40.121891, 39.340447, 39.01255 ] }, { "date": "2026-06-12", "close": 41.737999, "volume": 12567, "typical_volume": 66725.3, "trend": 38.611899, "fair_value": 34.051671, "relative_strength": 7.892639, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.902335, "energy": 78.133743, "activity_lines": [ 41.099533, 40.496709, 39.598271, 39.225234 ] }, { "date": "2026-06-19", "close": 41.955002, "volume": 11945, "typical_volume": 65845.95, "trend": 38.8181, "fair_value": 34.135107, "relative_strength": 7.344078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.998174, "energy": 82.108722, "activity_lines": [ 41.495667, 40.835455, 39.861104, 39.440918 ] }, { "date": "2026-06-26", "close": 42.369999, "volume": 1532, "typical_volume": 63840.1, "trend": 39.003866, "fair_value": 34.21694, "relative_strength": 8.630322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.182588, "energy": 87.343887, "activity_lines": [ 41.852733, 41.195727, 40.148233, 39.670073 ] }, { "date": "2026-07-03", "close": 43.25, "volume": 7452, "typical_volume": 58036.15, "trend": 39.218566, "fair_value": 34.310716, "relative_strength": 9.010169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.415342, "energy": 93.138974, "activity_lines": [ 42.402933, 41.673636, 40.503257, 39.944017 ] }, { "date": "2026-07-10", "close": 42.52, "volume": 41229, "typical_volume": 58462.2, "trend": 39.4129, "fair_value": 34.394306, "relative_strength": 9.047303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.481279, "energy": 86.23216, "activity_lines": [ 42.5572, 41.945327, 40.769381, 40.157013 ] }, { "date": "2026-07-17", "close": 42.23, "volume": 36512, "typical_volume": 57842.0, "trend": 39.579533, "fair_value": 34.474466, "relative_strength": 8.0193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.938282, "energy": 83.902434, "activity_lines": [ 42.511667, 42.105327, 40.9959, 40.338761 ] }, { "date": "2026-07-24", "close": 42.215, "volume": 26356, "typical_volume": 55184.1, "trend": 39.735966, "fair_value": 34.552261, "relative_strength": 7.288508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.822016, "energy": 71.438708, "activity_lines": [ 42.428333, 42.214273, 41.211867, 40.508791 ] }, { "date": "2026-07-31", "close": 42.334999, "volume": 38426, "typical_volume": 54755.6, "trend": 39.892266, "fair_value": 34.635466, "relative_strength": 5.633373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.248173, "energy": 55.940937, "activity_lines": [ 42.367666, 42.291927, 41.419333, 40.676471 ] }, { "date": "2026-08-07", "close": 42.884998, "volume": 47658, "typical_volume": 54723.7, "trend": 40.0333, "fair_value": 34.721549, "relative_strength": 4.282961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.774177, "energy": 60.176057, "activity_lines": [ 42.492666, 42.44289, 41.657428, 40.86955 ] } ], "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." } } }