{ "ticker": { "uuid": "380e7b52-0dbb-4e06-ba2e-3d57f77e43bb", "symbol": "XDWD", "name": "Xtrackers MSCI World UCITS ETF 1C", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.885, "architecture_energy": 63.816, "architecture_maturity": 52.131, "architecture_confidence": 80.798, "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": 13.98, "rotation_up": 56.24, "upward_expansion": 80.87, "deceleration": 64.0, "rotation_down": 26.21, "downward_expansion": 9.87 }, "activity_lines": [ 158.529999, 157.583272, 155.990071, 153.201742 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 162.669998, "trend_reference": 150.081, "distance_from_trend": 0.083881, "trend_direction": "Improving", "fair_value": 122.141859, "distance_from_fair_value": 0.331812, "fair_value_direction": "Improving", "relative_strength": 3.288288, "relative_strength_direction": "Weakening", "price_momentum": 0.118776, "excess_performance": 0.067541, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083881, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036015, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.331812, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.013434, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.032883, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.017875, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.118776, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.077931, "read": "Demand-led" } ], "volume": { "latest": 119542, "relative_activity": 1.9792, "balance": 5.077931, "dry_up": 2.264721, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.018095, "annualized_volatility": 0.129193, "from_high_reference": -0.001228, "from_low_reference": 0.233189 }, "levels": { "trend_reference": 150.081, "fair_value_reference": 122.141859, "structural_low": 134.869995, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.012541, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": -0.000347, "regime_survival": 0.785714, "best_return": 0.057239, "worst_return": -0.08893, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.031692, "positive_rate": 0.733333, "directional_follow_through": 0.733333, "median_excess_return": 0.005927, "regime_survival": 0.666667, "best_return": 0.119899, "worst_return": -0.099779, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.100431, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.038276, "regime_survival": 0.777778, "best_return": 0.118776, "worst_return": -0.169959, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.185917, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.051986, "regime_survival": 0.5, "best_return": 0.216892, "worst_return": -0.130115, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-20", "end": "2023-12-01", "tenure": "Developing", "return": 0.088023, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-04-19", "tenure": "Established", "return": 0.080669, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.042521, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": -0.006447, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.018091, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.063654, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.055594, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.035309, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.002883, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.14721, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": 0.025109, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2026-03-20", "tenure": "Extended", "return": 0.069358, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.103871, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.072915, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 90.014999, "volume": 12446, "typical_volume": 68716.35, "trend": 88.264666, "fair_value": 85.535993, "relative_strength": 10.234197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.083373, "energy": 35.446588, "activity_lines": [ 92.359999, 92.68818, 91.440261, 90.001591 ] }, { "date": "2023-08-25", "close": 90.455002, "volume": 9354, "typical_volume": 65160.5, "trend": 88.425167, "fair_value": 85.649487, "relative_strength": 9.412614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.398853, "energy": 25.13987, "activity_lines": [ 91.463, 92.306908, 91.471618, 90.142903 ] }, { "date": "2023-09-01", "close": 93.080002, "volume": 27858, "typical_volume": 65066.55, "trend": 88.613167, "fair_value": 85.796057, "relative_strength": 10.437026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.860991, "energy": 27.406568, "activity_lines": [ 91.709001, 92.436454, 91.731904, 90.443215 ] }, { "date": "2023-09-08", "close": 92.089996, "volume": 67210, "typical_volume": 64966.1, "trend": 88.831833, "fair_value": 85.934327, "relative_strength": 8.847884, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.718269, "energy": 21.989238, "activity_lines": [ 91.766999, 92.332817, 91.869904, 90.667526 ] }, { "date": "2023-09-15", "close": 92.525002, "volume": 17562, "typical_volume": 60221.2, "trend": 89.074667, "fair_value": 86.074839, "relative_strength": 5.843537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.712212, "energy": 21.697575, "activity_lines": [ 92.076667, 92.309727, 92.026118, 90.905795 ] }, { "date": "2023-09-22", "close": 90.334999, "volume": 19257, "typical_volume": 45451.55, "trend": 89.309666, "fair_value": 86.214391, "relative_strength": 3.509647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.507312, "energy": 12.832854, "activity_lines": [ 91.644, 91.863363, 91.949737, 90.987107 ] }, { "date": "2023-09-29", "close": 89.440002, "volume": 16877, "typical_volume": 41753.55, "trend": 89.469, "fair_value": 86.336218, "relative_strength": 3.330498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.297999, "energy": 7.816895, "activity_lines": [ 90.891667, 91.321273, 91.773142, 90.995516 ] }, { "date": "2023-10-06", "close": 88.529999, "volume": 19277, "typical_volume": 38421.35, "trend": 89.653999, "fair_value": 86.438013, "relative_strength": 3.626354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.197899, "energy": 19.658617, "activity_lines": [ 89.903667, 90.705273, 91.498095, 90.934935 ] }, { "date": "2023-10-13", "close": 89.364998, "volume": 31588, "typical_volume": 38240.95, "trend": 89.899499, "fair_value": 86.543942, "relative_strength": 2.979177, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.739341, "energy": 36.315792, "activity_lines": [ 89.497333, 90.362545, 91.301428, 90.91629 ] }, { "date": "2023-10-20", "close": 87.25, "volume": 80464, "typical_volume": 40501.7, "trend": 90.051833, "fair_value": 86.640961, "relative_strength": 3.038532, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.021153, "energy": 54.763956, "activity_lines": [ 88.567666, 89.713909, 90.895119, 90.745354 ] }, { "date": "2023-10-27", "close": 85.709999, "volume": 34275, "typical_volume": 41643.35, "trend": 90.043166, "fair_value": 86.752468, "relative_strength": 2.640587, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.270327, "energy": 67.0181, "activity_lines": [ 87.476333, 88.877818, 90.352047, 90.465236 ] }, { "date": "2023-11-03", "close": 90.309998, "volume": 59251, "typical_volume": 43772.65, "trend": 90.185833, "fair_value": 86.860224, "relative_strength": 5.996325, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.059685, "energy": 40.198415, "activity_lines": [ 88.226665, 88.956363, 90.265856, 90.482451 ] }, { "date": "2023-11-10", "close": 89.985001, "volume": 16560, "typical_volume": 40225.1, "trend": 90.278666, "fair_value": 86.955865, "relative_strength": 6.239153, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.935664, "energy": 25.826498, "activity_lines": [ 88.810666, 88.978454, 90.15819, 90.469494 ] }, { "date": "2023-11-17", "close": 93.089996, "volume": 19862, "typical_volume": 40441.45, "trend": 90.474499, "fair_value": 87.065705, "relative_strength": 7.556786, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 14.676839, "energy": 11.765728, "activity_lines": [ 90.332665, 89.621363, 90.347047, 90.65087 ] }, { "date": "2023-11-24", "close": 94.230003, "volume": 17900, "typical_volume": 40619.95, "trend": 90.699499, "fair_value": 87.172532, "relative_strength": 8.838339, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 30.338807, "energy": 33.25085, "activity_lines": [ 91.986333, 90.453363, 90.640095, 90.893161 ] }, { "date": "2023-12-01", "close": 94.93, "volume": 83071, "typical_volume": 39756.45, "trend": 90.957499, "fair_value": 87.2775, "relative_strength": 8.771232, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 63.191477, "energy": 59.801551, "activity_lines": [ 93.408, 91.381636, 90.985119, 91.166096 ] }, { "date": "2023-12-08", "close": 95.080002, "volume": 146028, "typical_volume": 44054.1, "trend": 91.228, "fair_value": 87.388141, "relative_strength": 8.299733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.959101, "energy": 74.022237, "activity_lines": [ 94.265001, 92.253636, 91.340095, 91.432064 ] }, { "date": "2023-12-15", "close": 97.849998, "volume": 46470, "typical_volume": 45379.5, "trend": 91.546666, "fair_value": 87.507115, "relative_strength": 10.763604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.205335, "energy": 87.253001, "activity_lines": [ 95.727333, 93.526727, 91.956, 91.85929 ] }, { "date": "2023-12-22", "close": 98.574997, "volume": 48366, "typical_volume": 47109.65, "trend": 91.911166, "fair_value": 87.630897, "relative_strength": 9.447629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.776414, "energy": 91.018043, "activity_lines": [ 96.906999, 94.762181, 92.62838, 92.312731 ] }, { "date": "2023-12-29", "close": 99.470001, "volume": 69845, "typical_volume": 42176.05, "trend": 92.249166, "fair_value": 87.755416, "relative_strength": 9.548187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.521842, "energy": 92.737853, "activity_lines": [ 98.019333, 95.992909, 93.362738, 92.800397 ] }, { "date": "2024-01-05", "close": 97.940002, "volume": 14600, "typical_volume": 42283.75, "trend": 92.525333, "fair_value": 87.858173, "relative_strength": 8.085708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.720013, "energy": 86.7653, "activity_lines": [ 98.272334, 96.723273, 93.917428, 93.167548 ] }, { "date": "2024-01-12", "close": 99.239998, "volume": 61257, "typical_volume": 44878.9, "trend": 92.756666, "fair_value": 87.974711, "relative_strength": 10.029339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.813382, "energy": 86.749031, "activity_lines": [ 98.758, 97.467636, 94.55819, 93.600752 ] }, { "date": "2024-01-19", "close": 98.830002, "volume": 76358, "typical_volume": 47303.9, "trend": 93.045833, "fair_value": 88.082019, "relative_strength": 11.513671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.893969, "energy": 75.294382, "activity_lines": [ 98.829667, 97.975091, 95.118071, 93.99258 ] }, { "date": "2024-01-26", "close": 100.995003, "volume": 73499, "typical_volume": 47618.35, "trend": 93.34, "fair_value": 88.218237, "relative_strength": 10.976315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.524632, "energy": 71.805218, "activity_lines": [ 99.557668, 98.715364, 95.856762, 94.50543 ] }, { "date": "2024-02-02", "close": 101.540001, "volume": 87198, "typical_volume": 51100.15, "trend": 93.6865, "fair_value": 88.339038, "relative_strength": 11.454594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.951432, "energy": 86.690857, "activity_lines": [ 100.306001, 99.411001, 96.604953, 95.034462 ] }, { "date": "2024-02-09", "close": 102.580002, "volume": 96011, "typical_volume": 54937.85, "trend": 93.971833, "fair_value": 88.458205, "relative_strength": 12.745467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.455275, "energy": 87.820092, "activity_lines": [ 101.263002, 100.162819, 97.409262, 95.608237 ] }, { "date": "2024-02-16", "close": 103.385002, "volume": 342449, "typical_volume": 71216.45, "trend": 94.268833, "fair_value": 88.580993, "relative_strength": 11.090391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.62843, "energy": 92.15147, "activity_lines": [ 102.179002, 100.92191, 98.231929, 96.215538 ] }, { "date": "2024-02-23", "close": 104.559998, "volume": 110812, "typical_volume": 75793.2, "trend": 94.5805, "fair_value": 88.728333, "relative_strength": 11.89725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.326857, "energy": 92.050365, "activity_lines": [ 103.210334, 101.743637, 99.100096, 96.879484 ] }, { "date": "2024-03-01", "close": 105.110001, "volume": 57681, "typical_volume": 77097.85, "trend": 94.961167, "fair_value": 88.890384, "relative_strength": 12.294901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.543283, "energy": 86.986666, "activity_lines": [ 104.043001, 102.543365, 99.94431, 97.558807 ] }, { "date": "2024-03-08", "close": 106.480003, "volume": 42179, "typical_volume": 75183.6, "trend": 95.4325, "fair_value": 89.037243, "relative_strength": 13.525194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.354866, "energy": 85.441659, "activity_lines": [ 105.058001, 103.473365, 100.844025, 98.301957 ] }, { "date": "2024-03-15", "close": 105.555, "volume": 112565, "typical_volume": 79098.1, "trend": 95.9505, "fair_value": 89.177275, "relative_strength": 11.120042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.784211, "energy": 70.019008, "activity_lines": [ 105.435334, 104.107728, 101.564072, 98.955022 ] }, { "date": "2024-03-22", "close": 107.589996, "volume": 52614, "typical_volume": 78766.25, "trend": 96.521667, "fair_value": 89.330513, "relative_strength": 9.943115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.085174, "energy": 72.725951, "activity_lines": [ 106.292666, 104.973637, 102.383429, 99.705957 ] }, { "date": "2024-03-29", "close": 108.089996, "volume": 80090, "typical_volume": 81942.75, "trend": 97.022, "fair_value": 89.479134, "relative_strength": 9.754621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.158753, "energy": 72.236052, "activity_lines": [ 107.036331, 105.778636, 103.168119, 100.452301 ] }, { "date": "2024-04-05", "close": 106.879997, "volume": 19268, "typical_volume": 81913.05, "trend": 97.515, "fair_value": 89.60798, "relative_strength": 8.689293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.626321, "energy": 66.729509, "activity_lines": [ 107.141331, 106.195271, 103.751357, 101.088301 ] }, { "date": "2024-04-12", "close": 105.650002, "volume": 38450, "typical_volume": 82940.55, "trend": 97.9525, "fair_value": 89.719038, "relative_strength": 5.954209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.57061, "energy": 64.768383, "activity_lines": [ 106.718332, 106.281272, 104.151786, 101.61314 ] }, { "date": "2024-04-19", "close": 102.75, "volume": 109153, "typical_volume": 84244.65, "trend": 98.366333, "fair_value": 89.812211, "relative_strength": 4.027312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.994895, "energy": 46.649555, "activity_lines": [ 105.383999, 105.765272, 104.221643, 101.922656 ] }, { "date": "2024-04-26", "close": 104.889999, "volume": 80384, "typical_volume": 80962.45, "trend": 98.881333, "fair_value": 89.92, "relative_strength": 2.732191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.783095, "energy": 32.111094, "activity_lines": [ 104.949999, 105.635272, 104.458071, 102.343537 ] }, { "date": "2024-05-03", "close": 105.555, "volume": 45600, "typical_volume": 80918.95, "trend": 99.448833, "fair_value": 90.023333, "relative_strength": 2.198544, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.037057, "energy": 25.288991, "activity_lines": [ 104.917666, 105.598817, 104.711119, 102.774097 ] }, { "date": "2024-05-10", "close": 107.699997, "volume": 72746, "typical_volume": 82137.95, "trend": 100.06, "fair_value": 90.14907, "relative_strength": 1.310566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.808394, "energy": 35.229088, "activity_lines": [ 105.769332, 105.934272, 105.131761, 103.30643 ] }, { "date": "2024-05-17", "close": 109.349998, "volume": 22012, "typical_volume": 79746.3, "trend": 100.796666, "fair_value": 90.282307, "relative_strength": 2.776031, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.486027, "energy": 56.984899, "activity_lines": [ 107.116332, 106.522635, 105.666094, 103.905784 ] }, { "date": "2024-05-24", "close": 109.360001, "volume": 48054, "typical_volume": 81419.0, "trend": 101.585, "fair_value": 90.408589, "relative_strength": 3.792719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.670841, "energy": 70.827197, "activity_lines": [ 108.219999, 107.060635, 106.154333, 104.458258 ] }, { "date": "2024-05-31", "close": 107.669998, "volume": 30679, "typical_volume": 79890.1, "trend": 102.163666, "fair_value": 90.522147, "relative_strength": 2.512486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.838775, "energy": 66.681356, "activity_lines": [ 108.319665, 107.222181, 106.427237, 104.850838 ] }, { "date": "2024-06-07", "close": 110.014999, "volume": 26133, "typical_volume": 77378.85, "trend": 102.831333, "fair_value": 90.648013, "relative_strength": 4.8899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.651419, "energy": 75.4878, "activity_lines": [ 109.015666, 107.808635, 106.883332, 105.357376 ] }, { "date": "2024-06-14", "close": 110.029999, "volume": 52112, "typical_volume": 76309.5, "trend": 103.396, "fair_value": 90.784647, "relative_strength": 5.943698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.540417, "energy": 63.716989, "activity_lines": [ 109.419332, 108.362817, 107.287594, 105.821806 ] }, { "date": "2024-06-21", "close": 110.754997, "volume": 43681, "typical_volume": 74133.65, "trend": 103.946833, "fair_value": 90.911955, "relative_strength": 5.249926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.213855, "energy": 58.855599, "activity_lines": [ 109.909332, 108.991544, 107.71788, 106.29658 ] }, { "date": "2024-06-28", "close": 111.529999, "volume": 79920, "typical_volume": 73329.1, "trend": 104.500166, "fair_value": 91.041057, "relative_strength": 6.713264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.436502, "energy": 68.247983, "activity_lines": [ 110.563998, 109.668362, 108.178094, 106.785816 ] }, { "date": "2024-07-05", "close": 112.794998, "volume": 267342, "typical_volume": 69573.75, "trend": 105.090666, "fair_value": 91.175865, "relative_strength": 7.208534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.957797, "energy": 75.132105, "activity_lines": [ 111.495665, 110.415544, 108.716165, 107.320967 ] }, { "date": "2024-07-12", "close": 114.779999, "volume": 30092, "typical_volume": 65537.75, "trend": 105.655, "fair_value": 91.327179, "relative_strength": 8.242722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.031588, "energy": 88.678726, "activity_lines": [ 112.747332, 111.379908, 109.398475, 107.946085 ] }, { "date": "2024-07-19", "close": 112.285004, "volume": 56482, "typical_volume": 65477.8, "trend": 106.112, "fair_value": 91.454263, "relative_strength": 6.921376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.490123, "energy": 76.276499, "activity_lines": [ 112.849667, 111.722909, 109.794499, 108.373827 ] }, { "date": "2024-07-26", "close": 111.25, "volume": 145373, "typical_volume": 70637.5, "trend": 106.504666, "fair_value": 91.574583, "relative_strength": 4.11004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.437392, "energy": 56.049245, "activity_lines": [ 112.456667, 111.794363, 110.057785, 108.705311 ] }, { "date": "2024-08-02", "close": 108.260002, "volume": 205380, "typical_volume": 75278.25, "trend": 106.848666, "fair_value": 91.670865, "relative_strength": 2.556443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.843654, "energy": 31.729516, "activity_lines": [ 111.034001, 111.287637, 110.013595, 108.818559 ] }, { "date": "2024-08-09", "close": 108.654999, "volume": 209307, "typical_volume": 83112.9, "trend": 107.1625, "fair_value": 91.764455, "relative_strength": 2.856036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.196555, "energy": 21.016263, "activity_lines": [ 109.961001, 110.872727, 109.994142, 108.935096 ] }, { "date": "2024-08-16", "close": 113.040001, "volume": 145069, "typical_volume": 86361.85, "trend": 107.636166, "fair_value": 91.895416, "relative_strength": 4.97382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.834111, "energy": 25.01032, "activity_lines": [ 110.625667, 111.237182, 110.387238, 109.31429 ] }, { "date": "2024-08-23", "close": 115.495003, "volume": 112232, "typical_volume": 91010.05, "trend": 108.1195, "fair_value": 92.030641, "relative_strength": 6.797887, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.806941, "energy": 36.405371, "activity_lines": [ 112.224668, 111.993001, 110.990571, 109.821312 ] }, { "date": "2024-08-30", "close": 115.084999, "volume": 17853, "typical_volume": 89980.2, "trend": 108.571, "fair_value": 92.156955, "relative_strength": 5.600312, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.981918, "energy": 54.336055, "activity_lines": [ 113.473001, 112.57491, 111.513833, 110.270699 ] }, { "date": "2024-09-06", "close": 111.305, "volume": 97089, "typical_volume": 89377.0, "trend": 108.861833, "fair_value": 92.265577, "relative_strength": 4.368311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.419004, "energy": 52.475575, "activity_lines": [ 113.205667, 112.390819, 111.632167, 110.447086 ] }, { "date": "2024-09-13", "close": 115.129997, "volume": 260761, "typical_volume": 98395.85, "trend": 109.253333, "fair_value": 92.40516, "relative_strength": 6.458458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.090947, "energy": 61.627665, "activity_lines": [ 114.010333, 112.906273, 112.074047, 110.851483 ] }, { "date": "2024-09-20", "close": 116.260002, "volume": 159265, "typical_volume": 104079.1, "trend": 109.643333, "fair_value": 92.552019, "relative_strength": 7.690863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.11344, "energy": 60.611024, "activity_lines": [ 114.76, 113.584728, 112.574786, 111.303527 ] }, { "date": "2024-09-27", "close": 118.084999, "volume": 29566, "typical_volume": 101920.1, "trend": 110.075833, "fair_value": 92.728301, "relative_strength": 7.802796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.287831, "energy": 59.171994, "activity_lines": [ 115.903333, 114.568091, 113.198357, 111.84815 ] }, { "date": "2024-10-04", "close": 116.610001, "volume": 42278, "typical_volume": 102933.4, "trend": 110.413499, "fair_value": 92.88625, "relative_strength": 6.619523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.635077, "energy": 65.354814, "activity_lines": [ 116.382333, 115.177818, 113.632, 112.269709 ] }, { "date": "2024-10-11", "close": 118.364998, "volume": 60791, "typical_volume": 103570.25, "trend": 110.840499, "fair_value": 93.043846, "relative_strength": 8.170272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.42669, "energy": 70.853922, "activity_lines": [ 117.344666, 116.009182, 114.198214, 112.782709 ] }, { "date": "2024-10-18", "close": 118.945, "volume": 285706, "typical_volume": 116321.6, "trend": 111.218999, "fair_value": 93.197275, "relative_strength": 6.960871, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.000643, "energy": 73.670196, "activity_lines": [ 118.029666, 116.762272, 114.776786, 113.30558 ] }, { "date": "2024-10-25", "close": 118.004997, "volume": 140642, "typical_volume": 122047.05, "trend": 111.549499, "fair_value": 93.339807, "relative_strength": 7.129271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.500441, "energy": 61.469618, "activity_lines": [ 118.146999, 117.157363, 115.212143, 113.743387 ] }, { "date": "2024-11-01", "close": 116.519997, "volume": 110533, "typical_volume": 124968.1, "trend": 111.870833, "fair_value": 93.459872, "relative_strength": 6.389523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.747857, "energy": 48.462658, "activity_lines": [ 117.652998, 117.192181, 115.468023, 114.064064 ] }, { "date": "2024-11-08", "close": 120.019997, "volume": 226010, "typical_volume": 134084.55, "trend": 112.349833, "fair_value": 93.605256, "relative_strength": 10.588298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.244946, "energy": 54.024132, "activity_lines": [ 118.429997, 117.844726, 116.026333, 114.589816 ] }, { "date": "2024-11-15", "close": 117.885002, "volume": 732110, "typical_volume": 166694.05, "trend": 112.854333, "fair_value": 93.736186, "relative_strength": 8.39626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.904127, "energy": 44.141986, "activity_lines": [ 118.267999, 118.019363, 116.33719, 114.946924 ] }, { "date": "2024-11-22", "close": 119.315002, "volume": 386981, "typical_volume": 172676.0, "trend": 113.335166, "fair_value": 93.895448, "relative_strength": 6.792474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.16625, "energy": 46.13619, "activity_lines": [ 118.614667, 118.334363, 116.753976, 115.363742 ] }, { "date": "2024-11-29", "close": 121.040001, "volume": 186679, "typical_volume": 180505.35, "trend": 113.851333, "fair_value": 94.074198, "relative_strength": 7.701044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.272157, "energy": 59.147748, "activity_lines": [ 119.511667, 118.886909, 117.304, 115.860828 ] }, { "date": "2024-12-06", "close": 122.400002, "volume": 251586, "typical_volume": 190260.55, "trend": 114.341333, "fair_value": 94.243045, "relative_strength": 8.302403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.603843, "energy": 73.362194, "activity_lines": [ 120.659668, 119.599818, 117.953738, 116.412355 ] }, { "date": "2024-12-13", "close": 121.239998, "volume": 267362, "typical_volume": 196360.0, "trend": 114.737666, "fair_value": 94.409455, "relative_strength": 7.127075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.80695, "energy": 77.213444, "activity_lines": [ 121.029, 120.023364, 118.444833, 116.85743 ] }, { "date": "2024-12-20", "close": 118.639999, "volume": 204252, "typical_volume": 196303.6, "trend": 115.047, "fair_value": 94.547564, "relative_strength": 7.3437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.182516, "energy": 53.77561, "activity_lines": [ 120.450333, 119.89, 118.640738, 117.109193 ] }, { "date": "2024-12-27", "close": 119.235001, "volume": 14523, "typical_volume": 186564.4, "trend": 115.4325, "fair_value": 94.685032, "relative_strength": 6.75352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.463688, "energy": 41.57417, "activity_lines": [ 120.019667, 119.859818, 118.843881, 117.379387 ] }, { "date": "2025-01-03", "close": 118.389999, "volume": 65170, "typical_volume": 182569.45, "trend": 115.711666, "fair_value": 94.827468, "relative_strength": 4.796669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.016473, "energy": 23.733112, "activity_lines": [ 119.312666, 119.670727, 118.916166, 117.570193 ] }, { "date": "2025-01-10", "close": 116.559998, "volume": 65210, "typical_volume": 180218.35, "trend": 115.929333, "fair_value": 94.962468, "relative_strength": 2.709887, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.526194, "energy": 18.719282, "activity_lines": [ 118.172332, 119.141909, 118.78869, 117.624924 ] }, { "date": "2025-01-17", "close": 120.239998, "volume": 154774, "typical_volume": 187064.4, "trend": 116.2455, "fair_value": 95.138622, "relative_strength": 2.626756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.758369, "energy": 20.679028, "activity_lines": [ 118.647999, 119.281454, 119.006618, 117.903032 ] }, { "date": "2025-01-24", "close": 122.900002, "volume": 114518, "typical_volume": 187935.85, "trend": 116.6245, "fair_value": 95.350288, "relative_strength": 4.752219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.312007, "energy": 32.402319, "activity_lines": [ 120.077, 119.900636, 119.453333, 118.332355 ] }, { "date": "2025-01-31", "close": 123.040001, "volume": 130290, "typical_volume": 181412.3, "trend": 116.966, "fair_value": 95.547083, "relative_strength": 2.674994, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.496765, "energy": 42.198417, "activity_lines": [ 121.268667, 120.454091, 119.858166, 118.746258 ] }, { "date": "2025-02-07", "close": 121.925003, "volume": 154480, "typical_volume": 181173.05, "trend": 117.204167, "fair_value": 95.732564, "relative_strength": 1.368706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.525497, "energy": 58.035435, "activity_lines": [ 121.835001, 120.737091, 120.119143, 119.066194 ] }, { "date": "2025-02-14", "close": 123.93, "volume": 54729, "typical_volume": 182431.2, "trend": 117.592333, "fair_value": 95.947115, "relative_strength": 2.546033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.573846, "energy": 69.451641, "activity_lines": [ 122.834001, 121.368546, 120.544095, 119.500118 ] }, { "date": "2025-02-21", "close": 123.349998, "volume": 168095, "typical_volume": 188722.05, "trend": 117.995667, "fair_value": 96.160641, "relative_strength": 2.831049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.056217, "energy": 65.268445, "activity_lines": [ 123.148334, 121.866727, 120.885976, 119.87158 ] }, { "date": "2025-02-28", "close": 119.794998, "volume": 121049, "typical_volume": 191734.95, "trend": 118.380166, "fair_value": 96.369711, "relative_strength": -1.824993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.075759, "energy": 33.904314, "activity_lines": [ 122.070333, 121.680182, 120.85719, 119.987666 ] }, { "date": "2025-03-07", "close": 117.620003, "volume": 102647, "typical_volume": 182582.0, "trend": 118.679, "fair_value": 96.567852, "relative_strength": -2.118365, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.450277, "energy": 9.902098, "activity_lines": [ 120.474334, 121.077182, 120.614452, 119.938624 ] }, { "date": "2025-03-14", "close": 116.18, "volume": 89698, "typical_volume": 180034.8, "trend": 118.783666, "fair_value": 96.729263, "relative_strength": -2.756417, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.755708, "energy": 19.531288, "activity_lines": [ 118.759667, 120.241728, 120.240881, 119.777398 ] }, { "date": "2025-03-21", "close": 117.110001, "volume": 114040, "typical_volume": 180210.15, "trend": 118.8375, "fair_value": 96.88907, "relative_strength": -2.139357, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.373972, "energy": 30.404987, "activity_lines": [ 117.738001, 119.615546, 119.964572, 119.669419 ] }, { "date": "2025-03-28", "close": 115.845001, "volume": 37602, "typical_volume": 170789.75, "trend": 118.862833, "fair_value": 97.03734, "relative_strength": -3.303083, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.836335, "energy": 42.946627, "activity_lines": [ 116.749334, 118.749364, 119.564976, 119.476355 ] }, { "date": "2025-04-04", "close": 107.160004, "volume": 207918, "typical_volume": 144580.15, "trend": 118.724667, "fair_value": 97.135032, "relative_strength": -3.81887, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.08594, "energy": 83.843386, "activity_lines": [ 113.366002, 116.384001, 118.35812, 118.721334 ] }, { "date": "2025-04-11", "close": 108.940002, "volume": 130935, "typical_volume": 131777.85, "trend": 118.518333, "fair_value": 97.253301, "relative_strength": -1.170384, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.221246, "energy": 80.103461, "activity_lines": [ 111.418335, 114.628456, 117.371858, 118.090065 ] }, { "date": "2025-04-18", "close": 110.889999, "volume": 56703, "typical_volume": 125279.05, "trend": 118.339333, "fair_value": 97.396026, "relative_strength": -3.239872, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.241437, "energy": 76.114229, "activity_lines": [ 110.699335, 113.483819, 116.620715, 117.597914 ] }, { "date": "2025-04-25", "close": 114.889999, "volume": 100063, "typical_volume": 117702.9, "trend": 118.232833, "fair_value": 97.577949, "relative_strength": -1.517415, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.064163, "energy": 63.867569, "activity_lines": [ 111.666334, 113.267092, 116.298858, 117.375377 ] }, { "date": "2025-05-02", "close": 118.614998, "volume": 70133, "typical_volume": 107841.45, "trend": 118.299667, "fair_value": 97.799006, "relative_strength": -0.596945, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.556137, "energy": 26.982205, "activity_lines": [ 114.022999, 113.892, 116.367524, 117.400032 ] }, { "date": "2025-05-09", "close": 118.599998, "volume": 95156, "typical_volume": 102386.65, "trend": 118.3075, "fair_value": 98.031635, "relative_strength": -0.277271, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.166175, "energy": 18.808382, "activity_lines": [ 116.189999, 114.600273, 116.447262, 117.419409 ] }, { "date": "2025-05-16", "close": 122.934998, "volume": 49858, "typical_volume": 104153.4, "trend": 118.4405, "fair_value": 98.304038, "relative_strength": 1.658411, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 19.44644, "energy": 27.741717, "activity_lines": [ 119.039332, 116.118454, 116.940048, 117.717957 ] }, { "date": "2025-05-23", "close": 121.470001, "volume": 46216, "typical_volume": 103205.7, "trend": 118.556, "fair_value": 98.537436, "relative_strength": -0.046262, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.193223, "energy": 28.316091, "activity_lines": [ 120.467332, 117.273636, 117.27569, 117.913409 ] }, { "date": "2025-05-30", "close": 123.230003, "volume": 63563, "typical_volume": 103123.35, "trend": 118.779667, "fair_value": 98.787115, "relative_strength": 0.629253, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.835256, "energy": 39.866068, "activity_lines": [ 121.776667, 118.652636, 117.764286, 118.214957 ] }, { "date": "2025-06-06", "close": 125.220001, "volume": 38356, "typical_volume": 97302.45, "trend": 118.953, "fair_value": 99.073846, "relative_strength": 1.381094, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.09641, "energy": 55.224651, "activity_lines": [ 123.193334, 120.282182, 118.410643, 118.630463 ] }, { "date": "2025-06-13", "close": 125.550003, "volume": 39860, "typical_volume": 93569.55, "trend": 119.2085, "fair_value": 99.392244, "relative_strength": 1.407573, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.782969, "energy": 60.058898, "activity_lines": [ 124.279669, 121.801273, 119.064715, 119.056076 ] }, { "date": "2025-06-20", "close": 124.519997, "volume": 91220, "typical_volume": 91616.05, "trend": 119.382, "fair_value": 99.680128, "relative_strength": 1.34167, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.641236, "energy": 64.623339, "activity_lines": [ 124.559334, 122.798727, 119.608072, 119.398753 ] }, { "date": "2025-06-27", "close": 128.535004, "volume": 41400, "typical_volume": 85962.05, "trend": 119.631834, "fair_value": 100.007372, "relative_strength": 4.186098, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.552687, "energy": 71.256556, "activity_lines": [ 126.071668, 124.24291, 120.526762, 119.989269 ] }, { "date": "2025-07-04", "close": 129.475006, "volume": 72231, "typical_volume": 86837.15, "trend": 119.867667, "fair_value": 100.325641, "relative_strength": 4.529803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.965455, "energy": 79.469105, "activity_lines": [ 127.426336, 125.537184, 121.503501, 120.624313 ] }, { "date": "2025-07-11", "close": 129.550003, "volume": 44973, "typical_volume": 80681.05, "trend": 120.144667, "fair_value": 100.653526, "relative_strength": 3.125556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.379333, "energy": 87.463057, "activity_lines": [ 128.38967, 126.579911, 122.460978, 121.24898 ] }, { "date": "2025-07-18", "close": 130.205002, "volume": 39669, "typical_volume": 76612.05, "trend": 120.530167, "fair_value": 100.967885, "relative_strength": 2.958732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.641077, "energy": 88.907658, "activity_lines": [ 129.28267, 127.542912, 123.451311, 121.898033 ] }, { "date": "2025-07-25", "close": 132.130005, "volume": 13298, "typical_volume": 72144.6, "trend": 120.960001, "fair_value": 101.280577, "relative_strength": 2.863077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.045286, "energy": 91.714153, "activity_lines": [ 130.507004, 128.644912, 124.575407, 122.64641 ] }, { "date": "2025-08-01", "close": 128.610001, "volume": 49425, "typical_volume": 70130.95, "trend": 121.300668, "fair_value": 101.56968, "relative_strength": 0.564677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.917462, "energy": 83.982863, "activity_lines": [ 130.05067, 128.93973, 125.295168, 123.139958 ] }, { "date": "2025-08-08", "close": 132.130005, "volume": 97478, "typical_volume": 69302.85, "trend": 121.819668, "fair_value": 101.864423, "relative_strength": 2.83757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.216727, "energy": 73.560485, "activity_lines": [ 130.76267, 129.74473, 126.290978, 123.838625 ] }, { "date": "2025-08-15", "close": 133.820007, "volume": 96380, "typical_volume": 72241.75, "trend": 122.272335, "fair_value": 102.175769, "relative_strength": 3.513687, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.390213, "energy": 78.309604, "activity_lines": [ 131.861005, 130.695186, 127.376217, 124.612841 ] }, { "date": "2025-08-22", "close": 134.729996, "volume": 33918, "typical_volume": 63541.75, "trend": 122.666668, "fair_value": 102.506058, "relative_strength": 2.095928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.541567, "energy": 70.501088, "activity_lines": [ 132.978002, 131.65473, 128.462526, 125.416561 ] }, { "date": "2025-08-29", "close": 133.809998, "volume": 38184, "typical_volume": 58904.2, "trend": 123.025668, "fair_value": 102.844135, "relative_strength": 2.763542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.655987, "energy": 81.404009, "activity_lines": [ 133.486667, 132.280093, 129.32993, 126.135485 ] }, { "date": "2025-09-05", "close": 134.255005, "volume": 61894, "typical_volume": 59163.75, "trend": 123.436668, "fair_value": 103.178942, "relative_strength": 2.735297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.478548, "energy": 81.276347, "activity_lines": [ 134.031668, 132.817457, 130.121288, 126.859959 ] }, { "date": "2025-09-12", "close": 136.434998, "volume": 46127, "typical_volume": 56466.95, "trend": 123.853501, "fair_value": 103.55141, "relative_strength": 3.449454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.468486, "energy": 76.281287, "activity_lines": [ 134.927, 133.647183, 131.009002, 127.698561 ] }, { "date": "2025-09-19", "close": 137.330002, "volume": 92779, "typical_volume": 57599.25, "trend": 124.319501, "fair_value": 103.953654, "relative_strength": 4.770766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.864564, "energy": 72.846429, "activity_lines": [ 135.833667, 134.513092, 131.879359, 128.568012 ] }, { "date": "2025-09-26", "close": 137.014999, "volume": 66717, "typical_volume": 56177.3, "trend": 124.893501, "fair_value": 104.356571, "relative_strength": 3.684498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.105602, "energy": 74.097376, "activity_lines": [ 136.401334, 135.180274, 132.630597, 129.387077 ] }, { "date": "2025-10-03", "close": 139.839996, "volume": 83090, "typical_volume": 57838.9, "trend": 125.634168, "fair_value": 104.775224, "relative_strength": 3.428927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.052285, "energy": 84.515597, "activity_lines": [ 137.758332, 136.237273, 133.563192, 130.351367 ] }, { "date": "2025-10-10", "close": 137.410004, "volume": 30652, "typical_volume": 57060.7, "trend": 126.341835, "fair_value": 105.184423, "relative_strength": 2.287036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.29064, "energy": 66.193904, "activity_lines": [ 137.903334, 136.712273, 134.183858, 131.111098 ] }, { "date": "2025-10-17", "close": 137.335007, "volume": 73434, "typical_volume": 57554.25, "trend": 127.016001, "fair_value": 105.586058, "relative_strength": 2.96533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.901769, "energy": 63.628282, "activity_lines": [ 137.813003, 137.013638, 134.721478, 131.820335 ] }, { "date": "2025-10-24", "close": 139.300003, "volume": 38705, "typical_volume": 57571.7, "trend": 127.797835, "fair_value": 105.978686, "relative_strength": 1.269146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.407399, "energy": 65.349421, "activity_lines": [ 138.31767, 137.577638, 135.379073, 132.612851 ] }, { "date": "2025-10-31", "close": 140.945007, "volume": 54504, "typical_volume": 58303.9, "trend": 128.924002, "fair_value": 106.391635, "relative_strength": 1.674005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.100972, "energy": 67.419483, "activity_lines": [ 139.239338, 138.341094, 136.126288, 133.461056 ] }, { "date": "2025-11-07", "close": 137.585007, "volume": 81716, "typical_volume": 57828.7, "trend": 129.878835, "fair_value": 106.751539, "relative_strength": -0.305632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.633098, "energy": 55.666264, "activity_lines": [ 138.779006, 138.38064, 136.480193, 134.01983 ] }, { "date": "2025-11-14", "close": 140.085007, "volume": 50671, "typical_volume": 58292.25, "trend": 130.852002, "fair_value": 107.12641, "relative_strength": 1.364468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.1527, "energy": 56.789226, "activity_lines": [ 139.30234, 138.806096, 137.009979, 134.678293 ] }, { "date": "2025-11-21", "close": 135.960007, "volume": 150280, "typical_volume": 62194.7, "trend": 131.554336, "fair_value": 107.465353, "relative_strength": 0.041817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.062199, "energy": 37.851724, "activity_lines": [ 138.27234, 138.375551, 137.091908, 135.007842 ] }, { "date": "2025-11-28", "close": 141.259995, "volume": 47037, "typical_volume": 62297.9, "trend": 132.309169, "fair_value": 107.833975, "relative_strength": 2.01844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.677047, "energy": 43.250877, "activity_lines": [ 139.10067, 138.917276, 137.647717, 135.634013 ] }, { "date": "2025-12-05", "close": 142.205002, "volume": 23210, "typical_volume": 61474.95, "trend": 133.096002, "fair_value": 108.217404, "relative_strength": 3.272284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.389532, "energy": 50.038378, "activity_lines": [ 140.113335, 139.559367, 138.237765, 136.272454 ] }, { "date": "2025-12-12", "close": 141.774994, "volume": 21603, "typical_volume": 61890.2, "trend": 133.724002, "fair_value": 108.613846, "relative_strength": 3.140023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.916058, "energy": 48.543597, "activity_lines": [ 140.898666, 140.028911, 138.729716, 136.832389 ] }, { "date": "2025-12-19", "close": 142.125, "volume": 71780, "typical_volume": 63007.95, "trend": 134.412502, "fair_value": 109.012596, "relative_strength": 0.842576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.98125, "energy": 58.921096, "activity_lines": [ 141.521332, 140.52691, 139.209073, 137.374389 ] }, { "date": "2025-12-26", "close": 143.664993, "volume": 22783, "typical_volume": 59273.2, "trend": 135.093668, "fair_value": 109.420801, "relative_strength": 2.221443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.756048, "energy": 69.241194, "activity_lines": [ 142.52133, 141.219181, 139.770739, 137.971324 ] }, { "date": "2026-01-02", "close": 142.994995, "volume": 22726, "typical_volume": 55590.5, "trend": 135.686168, "fair_value": 109.817276, "relative_strength": 0.926211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.846257, "energy": 60.903506, "activity_lines": [ 142.784329, 141.674544, 140.213667, 138.481087 ] }, { "date": "2026-01-09", "close": 145.289993, "volume": 74760, "typical_volume": 57632.6, "trend": 136.344168, "fair_value": 110.211891, "relative_strength": 0.758925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.8484, "energy": 66.985397, "activity_lines": [ 143.696661, 142.479997, 140.831476, 139.100689 ] }, { "date": "2026-01-16", "close": 145.660004, "volume": 33254, "typical_volume": 57386.1, "trend": 137.048835, "fair_value": 110.610801, "relative_strength": -0.089677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.031769, "energy": 73.397872, "activity_lines": [ 144.526664, 143.273725, 141.434238, 139.70171 ] }, { "date": "2026-01-23", "close": 145.130005, "volume": 20721, "typical_volume": 55327.45, "trend": 137.602002, "fair_value": 110.992148, "relative_strength": 0.468613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.986495, "energy": 61.51515, "activity_lines": [ 144.921, 143.824271, 141.930096, 140.223076 ] }, { "date": "2026-01-30", "close": 145.695007, "volume": 176499, "typical_volume": 61846.05, "trend": 138.142668, "fair_value": 111.365577, "relative_strength": 0.060596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.841509, "energy": 63.187751, "activity_lines": [ 145.303337, 144.385818, 142.427977, 140.745205 ] }, { "date": "2026-02-06", "close": 145.399994, "volume": 38309, "typical_volume": 59122.55, "trend": 138.671001, "fair_value": 111.749359, "relative_strength": -1.551889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.077871, "energy": 51.870068, "activity_lines": [ 145.452001, 144.716727, 142.853667, 141.21342 ] }, { "date": "2026-02-13", "close": 145.809998, "volume": 76939, "typical_volume": 59633.65, "trend": 139.191168, "fair_value": 112.137628, "relative_strength": -1.96725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.882158, "energy": 49.49176, "activity_lines": [ 145.577, 145.046908, 143.279976, 141.674 ] }, { "date": "2026-02-20", "close": 146.5, "volume": 52700, "typical_volume": 58114.15, "trend": 139.670168, "fair_value": 112.542853, "relative_strength": -3.650139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.631122, "energy": 51.479543, "activity_lines": [ 145.897333, 145.437, 143.730119, 142.145538 ] }, { "date": "2026-02-27", "close": 146.710007, "volume": 26908, "typical_volume": 57926.95, "trend": 140.273501, "fair_value": 112.940609, "relative_strength": -5.470948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.132249, "energy": 52.062971, "activity_lines": [ 146.231668, 145.779365, 144.168548, 142.599721 ] }, { "date": "2026-03-06", "close": 142.050003, "volume": 174385, "typical_volume": 62974.5, "trend": 140.604168, "fair_value": 113.319263, "relative_strength": -2.938613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.771389, "energy": 28.580638, "activity_lines": [ 144.907336, 145.191093, 144.118882, 142.714334 ] }, { "date": "2026-03-13", "close": 139.880005, "volume": 60855, "typical_volume": 64082.0, "trend": 140.806168, "fair_value": 113.690289, "relative_strength": -4.223947, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.378364, "energy": 12.422584, "activity_lines": [ 143.10267, 144.237639, 143.840096, 142.667614 ] }, { "date": "2026-03-20", "close": 137.449997, "volume": 34813, "typical_volume": 63097.45, "trend": 140.896834, "fair_value": 114.041378, "relative_strength": -2.675437, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -34.468614, "energy": 34.940781, "activity_lines": [ 140.856002, 142.899002, 143.32712, 142.451087 ] }, { "date": "2026-03-27", "close": 135.360001, "volume": 74076, "typical_volume": 62715.45, "trend": 140.948501, "fair_value": 114.357981, "relative_strength": -4.653402, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.218185, "energy": 47.053618, "activity_lines": [ 138.470001, 141.322911, 142.631739, 142.093872 ] }, { "date": "2026-04-03", "close": 139.414993, "volume": 70197, "typical_volume": 63691.75, "trend": 141.120501, "fair_value": 114.700192, "relative_strength": -6.216298, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.203341, "energy": 47.549313, "activity_lines": [ 138.178332, 140.671363, 142.333143, 141.994936 ] }, { "date": "2026-04-10", "close": 145.009995, "volume": 18031, "typical_volume": 57079.3, "trend": 141.406334, "fair_value": 115.070769, "relative_strength": -3.963674, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.640134, "energy": 21.610934, "activity_lines": [ 140.237997, 141.140999, 142.570595, 142.245871 ] }, { "date": "2026-04-17", "close": 150.5, "volume": 49457, "typical_volume": 57200.3, "trend": 141.845334, "fair_value": 115.476442, "relative_strength": -1.049402, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 54.047453, "energy": 26.791243, "activity_lines": [ 143.930331, 142.621272, 143.287809, 142.832559 ] }, { "date": "2026-04-24", "close": 149.419998, "volume": 39925, "typical_volume": 58036.05, "trend": 142.258834, "fair_value": 115.873494, "relative_strength": 0.870051, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 57.87594, "energy": 44.894514, "activity_lines": [ 146.554664, 143.812453, 143.858166, 143.321247 ] }, { "date": "2026-05-01", "close": 151.615005, "volume": 39339, "typical_volume": 58922.85, "trend": 142.651334, "fair_value": 116.286475, "relative_strength": 2.38732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.320142, "energy": 60.281789, "activity_lines": [ 149.112667, 145.33709, 144.603214, 143.924871 ] }, { "date": "2026-05-08", "close": 153.875, "volume": 81127, "typical_volume": 59390.2, "trend": 143.200167, "fair_value": 116.715385, "relative_strength": 5.075804, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.57033, "energy": 83.198625, "activity_lines": [ 151.340334, 147.179636, 145.516643, 144.648978 ] }, { "date": "2026-05-15", "close": 153.929993, "volume": 38151, "typical_volume": 60158.6, "trend": 143.753334, "fair_value": 117.136154, "relative_strength": 5.368582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.455253, "energy": 83.08329, "activity_lines": [ 152.622332, 148.901907, 146.379357, 145.341225 ] }, { "date": "2026-05-22", "close": 155.940002, "volume": 51619, "typical_volume": 61603.25, "trend": 144.308, "fair_value": 117.573975, "relative_strength": 3.846973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.08061, "energy": 84.923425, "activity_lines": [ 153.979666, 150.773635, 147.384619, 146.127462 ] }, { "date": "2026-05-29", "close": 157.615005, "volume": 65505, "typical_volume": 61140.5, "trend": 144.863667, "fair_value": 118.011699, "relative_strength": 5.382619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.208754, "energy": 86.164375, "activity_lines": [ 155.532668, 152.657909, 148.487762, 146.985978 ] }, { "date": "2026-06-05", "close": 155.770004, "volume": 5990, "typical_volume": 59777.3, "trend": 145.469833, "fair_value": 118.435513, "relative_strength": 4.443317, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.684335, "energy": 78.908386, "activity_lines": [ 155.924335, 153.840092, 149.3565, 147.689613 ] }, { "date": "2026-06-12", "close": 155.835007, "volume": 19650, "typical_volume": 59723.75, "trend": 145.994833, "fair_value": 118.842789, "relative_strength": 3.356994, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.134582, "energy": 74.342822, "activity_lines": [ 156.060671, 154.663002, 150.183287, 148.358334 ] }, { "date": "2026-06-19", "close": 156.619995, "volume": 891, "typical_volume": 50943.35, "trend": 146.6835, "fair_value": 119.268846, "relative_strength": 4.835076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.837291, "energy": 73.42345, "activity_lines": [ 156.328002, 155.330092, 151.033858, 149.043828 ] }, { "date": "2026-06-26", "close": 154.369995, "volume": 1790, "typical_volume": 49117.4, "trend": 147.1205, "fair_value": 119.667564, "relative_strength": 1.894895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.151987, "energy": 53.647948, "activity_lines": [ 155.665999, 155.377, 151.618119, 149.539731 ] }, { "date": "2026-07-03", "close": 157.449997, "volume": 3049, "typical_volume": 45422.9, "trend": 147.628666, "fair_value": 120.092596, "relative_strength": 2.254327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.550987, "energy": 56.793579, "activity_lines": [ 156.135331, 155.913545, 152.453, 150.20615 ] }, { "date": "2026-07-10", "close": 157.880005, "volume": 102037, "typical_volume": 47889.75, "trend": 148.1655, "fair_value": 120.501955, "relative_strength": 4.2318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.61875, "energy": 59.41694, "activity_lines": [ 156.759, 156.382273, 153.273405, 150.867527 ] }, { "date": "2026-07-17", "close": 156.309998, "volume": 79844, "typical_volume": 50536.55, "trend": 148.638333, "fair_value": 120.898334, "relative_strength": 2.15542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.29009, "energy": 55.793959, "activity_lines": [ 156.718666, 156.451636, 153.890095, 151.392979 ] }, { "date": "2026-07-24", "close": 156.139999, "volume": 49895, "typical_volume": 44312.05, "trend": 149.054167, "fair_value": 121.288911, "relative_strength": 0.746085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.969848, "energy": 53.559289, "activity_lines": [ 156.589999, 156.445818, 154.444881, 151.876957 ] }, { "date": "2026-07-31", "close": 156.419998, "volume": 297868, "typical_volume": 56162.7, "trend": 149.501667, "fair_value": 121.691026, "relative_strength": -0.326111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.77096, "energy": 48.250085, "activity_lines": [ 156.586666, 156.450727, 154.959238, 152.352172 ] }, { "date": "2026-08-07", "close": 162.669998, "volume": 119542, "typical_volume": 60399.15, "trend": 150.081, "fair_value": 122.141859, "relative_strength": 3.288288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.885256, "energy": 63.816047, "activity_lines": [ 158.529999, 157.583272, 155.990071, 153.201742 ] } ], "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." } } }