{ "ticker": { "uuid": "3dc1ba8f-1a4c-4d4f-875b-09369173912b", "symbol": "R2US", "name": "State Street SPDR Russell 2000 US Small Cap UCITS ETF", "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": 63.305, "architecture_energy": 56.98, "architecture_maturity": 95.142, "architecture_confidence": 56.16, "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": 20.1, "rotation_up": 44.71, "upward_expansion": 70.06, "deceleration": 68.28, "rotation_down": 27.82, "downward_expansion": 22.39 }, "activity_lines": [ 75.586001, 75.710364, 74.106667, 72.001162 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 76.650002, "trend_reference": 69.569334, "distance_from_trend": 0.101779, "trend_direction": "Improving", "fair_value": 58.337019, "distance_from_fair_value": 0.313917, "fair_value_direction": "Improving", "relative_strength": 8.816776, "relative_strength_direction": "Weakening", "price_momentum": 0.174353, "excess_performance": 0.121041, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.101779, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068549, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.313917, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.057751, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.088168, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.057602, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.174353, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.567493, "read": "Supply-led" } ], "volume": { "latest": 24708, "relative_activity": 2.72173, "balance": 0.567493, "dry_up": 1.585087, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.022199, "annualized_volatility": 0.12786, "from_high_reference": -0.007124, "from_low_reference": 0.386327 }, "levels": { "trend_reference": 69.569334, "fair_value_reference": 58.337019, "structural_low": 60.799999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": 0.007901, "positive_rate": 0.518519, "directional_follow_through": 0.518519, "median_excess_return": 0.005816, "regime_survival": 0.62963, "best_return": 0.09856, "worst_return": -0.138796, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.031322, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": 0.012266, "regime_survival": 0.333333, "best_return": 0.093732, "worst_return": -0.132088, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.026199, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.027839, "regime_survival": 0.428571, "best_return": 0.125674, "worst_return": -0.099185, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.011222, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.010926, "regime_survival": 0.25, "best_return": 0.208194, "worst_return": -0.078918, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-07-12", "tenure": "Developing", "return": 0.055483, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-12-27", "tenure": "Established", "return": 0.080195, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-07", "tenure": "Developing", "return": 0.011441, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": -0.049673, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.115271, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-20", "tenure": "Developing", "return": 0.150989, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.036239, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.018051, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.005996, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-11-14", "tenure": "Developing", "return": 0.007071, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.064483, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-02-27", "tenure": "Developing", "return": 0.023505, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-04-17", "tenure": "Developing", "return": 0.055248, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.107019, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 48.525002, "volume": 7861, "typical_volume": 11837.05, "trend": 48.214334, "fair_value": 49.332116, "relative_strength": -4.685846, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.447, "energy": 42.817827, "activity_lines": [ 49.729668, 49.555455, 48.687643, 48.231689 ] }, { "date": "2023-08-25", "close": 48.535, "volume": 1285, "typical_volume": 11592.2, "trend": 48.182334, "fair_value": 49.409968, "relative_strength": -5.0466, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.417847, "energy": 23.275234, "activity_lines": [ 49.227001, 49.423183, 48.760072, 48.252377 ] }, { "date": "2023-09-01", "close": 50.639999, "volume": 2272, "typical_volume": 11469.7, "trend": 48.134334, "fair_value": 49.506763, "relative_strength": -1.458084, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.391934, "energy": 26.731514, "activity_lines": [ 49.540334, 49.673637, 49.017191, 48.410936 ] }, { "date": "2023-09-08", "close": 49.224998, "volume": 12306, "typical_volume": 11713.85, "trend": 48.088834, "fair_value": 49.597051, "relative_strength": -3.037886, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.686785, "energy": 19.93015, "activity_lines": [ 49.405333, 49.610636, 49.118143, 48.481301 ] }, { "date": "2023-09-15", "close": 49.139999, "volume": 8092, "typical_volume": 11690.95, "trend": 48.0175, "fair_value": 49.681571, "relative_strength": -4.598692, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.515133, "energy": 20.125389, "activity_lines": [ 49.340999, 49.529636, 49.196357, 48.549118 ] }, { "date": "2023-09-22", "close": 47.59, "volume": 2436, "typical_volume": 10655.65, "trend": 47.921167, "fair_value": 49.76359, "relative_strength": -4.651154, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.27877, "energy": 9.303228, "activity_lines": [ 48.799999, 49.156272, 49.107262, 48.521538 ] }, { "date": "2023-09-29", "close": 48.279999, "volume": 520, "typical_volume": 10491.15, "trend": 47.831834, "fair_value": 49.841635, "relative_strength": -2.12538, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.755614, "energy": 13.625033, "activity_lines": [ 48.551332, 48.928181, 49.071881, 48.544688 ] }, { "date": "2023-10-06", "close": 46.595001, "volume": 3134, "typical_volume": 10419.8, "trend": 47.797167, "fair_value": 49.895801, "relative_strength": -4.062569, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.633335, "energy": 32.950801, "activity_lines": [ 47.758, 48.429545, 48.861762, 48.464893 ] }, { "date": "2023-10-13", "close": 46.654999, "volume": 4714, "typical_volume": 10221.55, "trend": 47.805667, "fair_value": 49.946314, "relative_strength": -2.717788, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.365551, "energy": 51.43939, "activity_lines": [ 47.254333, 48.021727, 48.65669, 48.391204 ] }, { "date": "2023-10-20", "close": 45.220001, "volume": 66182, "typical_volume": 13041.2, "trend": 47.809, "fair_value": 49.991314, "relative_strength": -2.703483, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.278402, "energy": 67.306035, "activity_lines": [ 46.443667, 47.426727, 48.314643, 48.224387 ] }, { "date": "2023-10-27", "close": 44.275002, "volume": 3754, "typical_volume": 12580.8, "trend": 47.7215, "fair_value": 50.040513, "relative_strength": -3.986243, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.003228, "energy": 78.758599, "activity_lines": [ 45.579334, 46.742091, 47.894833, 47.996387 ] }, { "date": "2023-11-03", "close": 46.465, "volume": 5200, "typical_volume": 12114.3, "trend": 47.763, "fair_value": 50.092148, "relative_strength": -2.487106, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.989082, "energy": 65.101049, "activity_lines": [ 45.666001, 46.532909, 47.706833, 47.915323 ] }, { "date": "2023-11-10", "close": 45.055, "volume": 109786, "typical_volume": 17402.8, "trend": 47.726667, "fair_value": 50.120673, "relative_strength": -5.042288, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.437718, "energy": 64.730169, "activity_lines": [ 45.403667, 46.105, 47.394405, 47.740613 ] }, { "date": "2023-11-17", "close": 46.875, "volume": 10191, "typical_volume": 17343.65, "trend": 47.750833, "fair_value": 50.154872, "relative_strength": -3.482473, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.82812, "energy": 45.196064, "activity_lines": [ 45.850667, 46.109546, 47.267191, 47.685667 ] }, { "date": "2023-11-24", "close": 47.029999, "volume": 16034, "typical_volume": 17096.3, "trend": 47.818333, "fair_value": 50.182692, "relative_strength": -3.640079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.198894, "energy": 27.322039, "activity_lines": [ 46.334666, 46.185, 47.165262, 47.639161 ] }, { "date": "2023-12-01", "close": 48.330002, "volume": 30057, "typical_volume": 17312.1, "trend": 47.927, "fair_value": 50.21718, "relative_strength": -1.435485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.118936, "energy": 18.251934, "activity_lines": [ 47.131334, 46.535182, 47.194429, 47.672172 ] }, { "date": "2023-12-08", "close": 49.610001, "volume": 75506, "typical_volume": 19449.2, "trend": 48.071167, "fair_value": 50.255257, "relative_strength": -1.058791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.331421, "energy": 28.440647, "activity_lines": [ 48.084334, 47.104637, 47.347167, 47.780753 ] }, { "date": "2023-12-15", "close": 52.09, "volume": 71923, "typical_volume": 22177.55, "trend": 48.259, "fair_value": 50.300994, "relative_strength": 3.035311, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.480303, "energy": 47.977372, "activity_lines": [ 49.654334, 48.100819, 47.739143, 48.040032 ] }, { "date": "2023-12-22", "close": 52.709999, "volume": 84520, "typical_volume": 26119.35, "trend": 48.463, "fair_value": 50.345641, "relative_strength": 4.699761, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.997323, "energy": 74.683001, "activity_lines": [ 50.962, 49.109818, 48.184929, 48.327194 ] }, { "date": "2023-12-29", "close": 52.330002, "volume": 21498, "typical_volume": 26863.55, "trend": 48.614333, "fair_value": 50.395257, "relative_strength": 4.361847, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.618568, "energy": 77.668713, "activity_lines": [ 51.754001, 49.939637, 48.585, 48.576678 ] }, { "date": "2024-01-05", "close": 50.939999, "volume": 54476, "typical_volume": 29194.3, "trend": 48.673833, "fair_value": 50.418269, "relative_strength": 3.270683, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.049631, "energy": 82.256789, "activity_lines": [ 51.729333, 50.387455, 48.840357, 48.726721 ] }, { "date": "2024-01-12", "close": 50.77, "volume": 24603, "typical_volume": 30360.2, "trend": 48.748333, "fair_value": 50.432628, "relative_strength": 2.36309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.229161, "energy": 71.037719, "activity_lines": [ 51.474, 50.683182, 49.068024, 48.861957 ] }, { "date": "2024-01-19", "close": 50.23, "volume": 39326, "typical_volume": 32212.9, "trend": 48.837667, "fair_value": 50.443141, "relative_strength": 2.571377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.117728, "energy": 45.429645, "activity_lines": [ 50.961333, 50.802455, 49.233619, 48.957549 ] }, { "date": "2024-01-26", "close": 52.02, "volume": 16409, "typical_volume": 32418.05, "trend": 48.9355, "fair_value": 50.469904, "relative_strength": 2.621469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.120026, "energy": 43.42789, "activity_lines": [ 51.169333, 51.153091, 49.571643, 49.16286 ] }, { "date": "2024-02-02", "close": 51.75, "volume": 39851, "typical_volume": 34006.0, "trend": 49.041834, "fair_value": 50.472148, "relative_strength": 2.766038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.467096, "energy": 39.024841, "activity_lines": [ 51.333333, 51.361091, 49.870643, 49.344441 ] }, { "date": "2024-02-09", "close": 52.610001, "volume": 9128, "typical_volume": 34340.6, "trend": 49.172834, "fair_value": 50.474007, "relative_strength": 3.784007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.597376, "energy": 49.266111, "activity_lines": [ 51.822667, 51.639637, 50.239119, 49.574645 ] }, { "date": "2024-02-16", "close": 54.200001, "volume": 23111, "typical_volume": 35470.15, "trend": 49.3045, "fair_value": 50.48875, "relative_strength": 5.260418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.603054, "energy": 80.187246, "activity_lines": [ 52.730667, 52.129455, 50.735119, 49.898979 ] }, { "date": "2024-02-23", "close": 53.07, "volume": 5961, "typical_volume": 35611.5, "trend": 49.373834, "fair_value": 50.504071, "relative_strength": 0.603523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.193371, "energy": 73.515242, "activity_lines": [ 53.033334, 52.330364, 51.09531, 50.141914 ] }, { "date": "2024-03-01", "close": 54.68, "volume": 13997, "typical_volume": 36075.65, "trend": 49.506167, "fair_value": 50.541346, "relative_strength": 4.093409, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.496005, "energy": 81.265492, "activity_lines": [ 53.683334, 52.806182, 51.578, 50.484248 ] }, { "date": "2024-03-08", "close": 54.610001, "volume": 21030, "typical_volume": 33818.05, "trend": 49.6685, "fair_value": 50.542244, "relative_strength": 2.683695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.67831, "energy": 80.372151, "activity_lines": [ 54.132667, 53.233455, 52.01581, 50.813527 ] }, { "date": "2024-03-15", "close": 53.400002, "volume": 9995, "typical_volume": 34130.1, "trend": 49.831, "fair_value": 50.541346, "relative_strength": -1.222557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.750845, "energy": 61.138708, "activity_lines": [ 53.988001, 53.399273, 52.293667, 51.054269 ] }, { "date": "2024-03-22", "close": 54.880001, "volume": 13555, "typical_volume": 34547.85, "trend": 50.0425, "fair_value": 50.558333, "relative_strength": 1.581286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.762425, "energy": 59.415558, "activity_lines": [ 54.284001, 53.789455, 52.669024, 51.380011 ] }, { "date": "2024-03-29", "close": 56.490002, "volume": 3325, "typical_volume": 29224.8, "trend": 50.2375, "fair_value": 50.580962, "relative_strength": 3.730452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.293156, "energy": 67.774372, "activity_lines": [ 55.071335, 54.397637, 53.157644, 51.795979 ] }, { "date": "2024-04-05", "close": 54.380001, "volume": 9231, "typical_volume": 29176.8, "trend": 50.409334, "fair_value": 50.594487, "relative_strength": 1.477602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.966281, "energy": 52.847046, "activity_lines": [ 54.927335, 54.508365, 53.390858, 52.063237 ] }, { "date": "2024-04-12", "close": 54.240002, "volume": 27328, "typical_volume": 29741.5, "trend": 50.579334, "fair_value": 50.606026, "relative_strength": 1.667633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.566266, "energy": 49.050088, "activity_lines": [ 54.756668, 54.550729, 53.575001, 52.310377 ] }, { "date": "2024-04-19", "close": 52.18, "volume": 17465, "typical_volume": 29111.9, "trend": 50.732334, "fair_value": 50.605962, "relative_strength": -2.451291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.774417, "energy": 29.035657, "activity_lines": [ 53.924001, 54.173274, 53.52862, 52.413646 ] }, { "date": "2024-04-26", "close": 53.43, "volume": 32771, "typical_volume": 26975.15, "trend": 50.904001, "fair_value": 50.611346, "relative_strength": -1.098123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.745845, "energy": 21.504339, "activity_lines": [ 53.589334, 54.03091, 53.582953, 52.587689 ] }, { "date": "2024-05-03", "close": 53.950001, "volume": 25686, "typical_volume": 24663.3, "trend": 51.149167, "fair_value": 50.624487, "relative_strength": 1.295427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.352262, "energy": 20.595011, "activity_lines": [ 53.524667, 53.997092, 53.66862, 52.784205 ] }, { "date": "2024-05-10", "close": 54.68, "volume": 15714, "typical_volume": 21223.0, "trend": 51.416667, "fair_value": 50.651154, "relative_strength": -0.756765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.837522, "energy": 21.158008, "activity_lines": [ 53.872667, 54.080001, 53.814953, 53.012001 ] }, { "date": "2024-05-17", "close": 55.150002, "volume": 6729, "typical_volume": 20484.55, "trend": 51.747667, "fair_value": 50.679808, "relative_strength": 0.569968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.872292, "energy": 34.391491, "activity_lines": [ 54.357334, 54.248365, 53.996668, 53.252861 ] }, { "date": "2024-05-24", "close": 54.580002, "volume": 7274, "typical_volume": 18124.45, "trend": 52.091167, "fair_value": 50.697949, "relative_strength": 0.313993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.538654, "energy": 34.817342, "activity_lines": [ 54.591335, 54.303274, 54.110668, 53.435592 ] }, { "date": "2024-05-31", "close": 54.189999, "volume": 2998, "typical_volume": 17044.2, "trend": 52.348667, "fair_value": 50.710898, "relative_strength": 0.809786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.93327, "energy": 34.377867, "activity_lines": [ 54.535334, 54.265819, 54.170191, 53.571001 ] }, { "date": "2024-06-07", "close": 53.84, "volume": 6149, "typical_volume": 15385.35, "trend": 52.641501, "fair_value": 50.714231, "relative_strength": 0.071564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.554289, "energy": 23.350876, "activity_lines": [ 54.312, 54.177273, 54.180096, 53.667216 ] }, { "date": "2024-06-14", "close": 53.709999, "volume": 6951, "typical_volume": 14912.45, "trend": 52.869334, "fair_value": 50.719616, "relative_strength": 6.283644, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.868819, "energy": 10.503415, "activity_lines": [ 54.052667, 54.113273, 54.160429, 53.736151 ] }, { "date": "2024-06-21", "close": 54.060001, "volume": 5080, "typical_volume": 13173.9, "trend": 53.103667, "fair_value": 50.715962, "relative_strength": 5.084538, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.85455, "energy": 10.0717, "activity_lines": [ 53.974667, 54.125091, 54.166048, 53.812968 ] }, { "date": "2024-06-28", "close": 54.709999, "volume": 4920, "typical_volume": 12963.5, "trend": 53.316334, "fair_value": 50.718846, "relative_strength": 8.258598, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.199524, "energy": 14.91422, "activity_lines": [ 54.186, 54.258364, 54.222572, 53.916603 ] }, { "date": "2024-07-05", "close": 53.580002, "volume": 8388, "typical_volume": 12227.35, "trend": 53.448667, "fair_value": 50.721154, "relative_strength": 3.267389, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.601297, "energy": 5.682996, "activity_lines": [ 54.012, 54.140182, 54.161477, 53.933614 ] }, { "date": "2024-07-12", "close": 56.689999, "volume": 31344, "typical_volume": 13496.5, "trend": 53.602001, "fair_value": 50.753205, "relative_strength": 8.34508, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.153607, "energy": 47.831464, "activity_lines": [ 54.915333, 54.584727, 54.399524, 54.142732 ] }, { "date": "2024-07-19", "close": 57.360001, "volume": 74499, "typical_volume": 16521.6, "trend": 53.757001, "fair_value": 50.786731, "relative_strength": 12.115823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.010671, "energy": 68.72161, "activity_lines": [ 55.852, 55.101273, 54.684143, 54.385183 ] }, { "date": "2024-07-26", "close": 59.23, "volume": 35297, "typical_volume": 17234.95, "trend": 53.987001, "fair_value": 50.83109, "relative_strength": 15.683394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.833896, "energy": 83.174847, "activity_lines": [ 57.168667, 55.909091, 55.134096, 54.73828 ] }, { "date": "2024-08-02", "close": 55.099998, "volume": 72188, "typical_volume": 20344.6, "trend": 54.125667, "fair_value": 50.843526, "relative_strength": 11.353316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.988929, "energy": 67.257451, "activity_lines": [ 56.764, 55.891818, 55.168714, 54.810086 ] }, { "date": "2024-08-09", "close": 54.5, "volume": 43886, "typical_volume": 21861.15, "trend": 54.25, "fair_value": 50.854808, "relative_strength": 9.646769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.935612, "energy": 38.970781, "activity_lines": [ 56.133333, 55.756, 55.138095, 54.834237 ] }, { "date": "2024-08-16", "close": 55.619999, "volume": 14564, "typical_volume": 22423.1, "trend": 54.429667, "fair_value": 50.881859, "relative_strength": 8.984129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.416047, "energy": 23.100216, "activity_lines": [ 55.814666, 55.818181, 55.215952, 54.922624 ] }, { "date": "2024-08-23", "close": 57.029999, "volume": 19497, "typical_volume": 22936.4, "trend": 54.596667, "fair_value": 50.904167, "relative_strength": 9.61865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.191817, "energy": 20.854241, "activity_lines": [ 56.037332, 56.104363, 55.432238, 55.090387 ] }, { "date": "2024-08-30", "close": 57.09, "volume": 25354, "typical_volume": 22837.7, "trend": 54.774667, "fair_value": 50.926667, "relative_strength": 8.793801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.727974, "energy": 23.410665, "activity_lines": [ 56.301999, 56.34109, 55.641619, 55.251247 ] }, { "date": "2024-09-06", "close": 54.080002, "volume": 16810, "typical_volume": 22804.95, "trend": 54.823667, "fair_value": 50.934551, "relative_strength": 6.797233, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.243718, "energy": 11.87601, "activity_lines": [ 55.706, 55.975455, 55.550762, 55.20643 ] }, { "date": "2024-09-13", "close": 56.349998, "volume": 19518, "typical_volume": 22142.3, "trend": 54.895334, "fair_value": 50.957116, "relative_strength": 9.32506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.044432, "energy": 19.383805, "activity_lines": [ 55.934666, 56.034, 55.667047, 55.304903 ] }, { "date": "2024-09-20", "close": 57.549999, "volume": 12160, "typical_volume": 21466.0, "trend": 55.044667, "fair_value": 50.982244, "relative_strength": 10.808145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.143256, "energy": 27.655754, "activity_lines": [ 56.439999, 56.260363, 55.883714, 55.476172 ] }, { "date": "2024-09-27", "close": 57.720001, "volume": 8995, "typical_volume": 21130.05, "trend": 55.146, "fair_value": 51.009423, "relative_strength": 6.787171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.327628, "energy": 29.313194, "activity_lines": [ 56.873333, 56.502, 56.099428, 55.648774 ] }, { "date": "2024-10-04", "close": 57.639999, "volume": 6848, "typical_volume": 21136.0, "trend": 55.247, "fair_value": 51.031795, "relative_strength": 9.862586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.33394, "energy": 44.275965, "activity_lines": [ 57.234, 56.722545, 56.293047, 55.809677 ] }, { "date": "2024-10-11", "close": 58.34, "volume": 10847, "typical_volume": 21314.65, "trend": 55.411667, "fair_value": 51.052692, "relative_strength": 10.344434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.164248, "energy": 56.188499, "activity_lines": [ 57.791333, 57.099272, 56.541476, 56.009226 ] }, { "date": "2024-10-18", "close": 60.25, "volume": 26481, "typical_volume": 22488.8, "trend": 55.590667, "fair_value": 51.087757, "relative_strength": 13.031976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.387101, "energy": 69.241521, "activity_lines": [ 58.701333, 57.764363, 56.953905, 56.321376 ] }, { "date": "2024-10-25", "close": 58.98, "volume": 16866, "typical_volume": 23024.65, "trend": 55.673667, "fair_value": 51.110128, "relative_strength": 11.938689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.68355, "energy": 64.537679, "activity_lines": [ 58.928, 58.094, 57.216524, 56.540043 ] }, { "date": "2024-11-01", "close": 58.73, "volume": 18954, "typical_volume": 23624.8, "trend": 55.818667, "fair_value": 51.10891, "relative_strength": 12.38444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.898538, "energy": 66.353128, "activity_lines": [ 58.976, 58.317091, 57.430857, 56.737226 ] }, { "date": "2024-11-08", "close": 64.089996, "volume": 70422, "typical_volume": 26891.9, "trend": 56.147, "fair_value": 51.143205, "relative_strength": 23.034113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.302995, "energy": 84.949314, "activity_lines": [ 60.743332, 59.483817, 58.131761, 57.27086 ] }, { "date": "2024-11-15", "close": 63.18, "volume": 59368, "typical_volume": 29614.3, "trend": 56.513667, "fair_value": 51.176154, "relative_strength": 21.709978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.624256, "energy": 83.212495, "activity_lines": [ 61.777332, 60.357817, 58.698238, 57.724602 ] }, { "date": "2024-11-22", "close": 66.269997, "volume": 33953, "typical_volume": 30892.55, "trend": 56.941666, "fair_value": 51.250577, "relative_strength": 27.001274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.715863, "energy": 92.104203, "activity_lines": [ 63.518665, 61.628181, 59.518666, 58.354042 ] }, { "date": "2024-11-29", "close": 66.449997, "volume": 33974, "typical_volume": 31024.05, "trend": 57.358333, "fair_value": 51.332372, "relative_strength": 26.813069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.702309, "energy": 92.319235, "activity_lines": [ 64.918664, 62.750908, 60.295809, 58.967483 ] }, { "date": "2024-12-06", "close": 65.459999, "volume": 60874, "typical_volume": 30342.8, "trend": 57.717666, "fair_value": 51.403013, "relative_strength": 20.98409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.405505, "energy": 86.159033, "activity_lines": [ 65.490665, 63.531817, 60.932189, 59.490171 ] }, { "date": "2024-12-13", "close": 64.410004, "volume": 35981, "typical_volume": 30377.0, "trend": 58.026333, "fair_value": 51.470128, "relative_strength": 18.746054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.999896, "energy": 81.787421, "activity_lines": [ 65.264, 63.98109, 61.429999, 59.921935 ] }, { "date": "2024-12-20", "close": 62.259998, "volume": 68425, "typical_volume": 30188.85, "trend": 58.282333, "fair_value": 51.515321, "relative_strength": 16.426159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.449465, "energy": 53.751871, "activity_lines": [ 64.299333, 63.916363, 61.69838, 60.195075 ] }, { "date": "2024-12-27", "close": 61.959999, "volume": 25803, "typical_volume": 29284.7, "trend": 58.541333, "fair_value": 51.557628, "relative_strength": 14.147093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.867498, "energy": 34.575315, "activity_lines": [ 63.296, 63.725817, 61.904094, 60.432343 ] }, { "date": "2025-01-03", "close": 62.93, "volume": 27262, "typical_volume": 29919.6, "trend": 58.844333, "fair_value": 51.61468, "relative_strength": 16.55891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.670856, "energy": 23.889221, "activity_lines": [ 62.903333, 63.680545, 62.166666, 60.715483 ] }, { "date": "2025-01-10", "close": 61.34, "volume": 27530, "typical_volume": 30321.25, "trend": 59.098666, "fair_value": 51.672436, "relative_strength": 10.920367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.658206, "energy": 24.810317, "activity_lines": [ 62.215333, 63.274363, 62.242999, 60.876494 ] }, { "date": "2025-01-17", "close": 63.700001, "volume": 19927, "typical_volume": 30049.9, "trend": 59.42, "fair_value": 51.758782, "relative_strength": 10.609875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.263671, "energy": 21.851161, "activity_lines": [ 62.588667, 63.249818, 62.523571, 61.173354 ] }, { "date": "2025-01-24", "close": 63.610001, "volume": 76824, "typical_volume": 33050.6, "trend": 59.716666, "fair_value": 51.857885, "relative_strength": 7.084561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.03144, "energy": 23.27128, "activity_lines": [ 62.979334, 63.216, 62.764095, 61.443677 ] }, { "date": "2025-01-31", "close": 64.110001, "volume": 19289, "typical_volume": 33039.15, "trend": 60.067666, "fair_value": 51.959391, "relative_strength": 7.276609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.983152, "energy": 30.569292, "activity_lines": [ 63.446667, 63.265273, 63.006857, 61.727118 ] }, { "date": "2025-02-07", "close": 63.650002, "volume": 49604, "typical_volume": 34911.35, "trend": 60.299666, "fair_value": 52.043558, "relative_strength": 5.902456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.134439, "energy": 35.468317, "activity_lines": [ 63.617335, 63.270183, 63.168857, 61.958236 ] }, { "date": "2025-02-14", "close": 62.610001, "volume": 27722, "typical_volume": 35847.7, "trend": 60.474666, "fair_value": 52.126571, "relative_strength": 1.379035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.714957, "energy": 26.895884, "activity_lines": [ 63.393335, 63.13691, 63.202762, 62.10729 ] }, { "date": "2025-02-21", "close": 61.619999, "volume": 22845, "typical_volume": 36647.55, "trend": 60.554333, "fair_value": 52.200224, "relative_strength": -0.157549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.942596, "energy": 12.124598, "activity_lines": [ 62.754667, 62.875455, 63.119095, 62.181183 ] }, { "date": "2025-02-28", "close": 59.5, "volume": 44475, "typical_volume": 38328.95, "trend": 60.701, "fair_value": 52.25516, "relative_strength": -3.192014, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -8.569554, "energy": 17.048222, "activity_lines": [ 61.548, 62.279273, 62.814572, 62.113161 ] }, { "date": "2025-03-07", "close": 54.349998, "volume": 55298, "typical_volume": 39769.8, "trend": 60.696, "fair_value": 52.276122, "relative_strength": -11.646439, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -48.693823, "energy": 64.010787, "activity_lines": [ 58.898666, 60.796909, 62.014048, 61.703419 ] }, { "date": "2025-03-14", "close": 53.919998, "volume": 63421, "typical_volume": 42097.55, "trend": 60.639333, "fair_value": 52.285609, "relative_strength": -11.374826, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.815085, "energy": 79.386534, "activity_lines": [ 56.756665, 59.374727, 61.200666, 61.266258 ] }, { "date": "2025-03-21", "close": 54.849998, "volume": 39459, "typical_volume": 43122.8, "trend": 60.566666, "fair_value": 52.29843, "relative_strength": -10.030653, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.206073, "energy": 81.021004, "activity_lines": [ 55.573332, 58.285454, 60.499952, 60.892752 ] }, { "date": "2025-03-28", "close": 53.849998, "volume": 24463, "typical_volume": 40824.85, "trend": 60.458666, "fair_value": 52.304776, "relative_strength": -10.236724, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.496851, "energy": 81.597826, "activity_lines": [ 54.573998, 57.132363, 59.722476, 60.459419 ] }, { "date": "2025-04-04", "close": 48.084999, "volume": 199849, "typical_volume": 47848.9, "trend": 60.258833, "fair_value": 52.280769, "relative_strength": -12.752534, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.309435, "energy": 96.983221, "activity_lines": [ 52.170998, 55.110181, 58.444714, 59.661118 ] }, { "date": "2025-04-11", "close": 46.029999, "volume": 149908, "typical_volume": 53646.65, "trend": 59.914833, "fair_value": 52.240128, "relative_strength": -14.417589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.614821, "energy": 96.254938, "activity_lines": [ 49.843999, 52.996635, 57.043118, 58.743128 ] }, { "date": "2025-04-18", "close": 47.389999, "volume": 31965, "typical_volume": 53546.2, "trend": 59.576166, "fair_value": 52.216795, "relative_strength": -14.078634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.658122, "energy": 91.116565, "activity_lines": [ 48.524999, 51.45909, 55.867428, 57.935075 ] }, { "date": "2025-04-25", "close": 49.345001, "volume": 19236, "typical_volume": 51464.3, "trend": 59.296999, "fair_value": 52.207724, "relative_strength": -13.493884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.1276, "energy": 82.391869, "activity_lines": [ 48.293, 50.572635, 54.96869, 57.274999 ] }, { "date": "2025-05-02", "close": 51.119999, "volume": 12117, "typical_volume": 50271.1, "trend": 59.079666, "fair_value": 52.221827, "relative_strength": -13.039044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.820884, "energy": 65.361863, "activity_lines": [ 49.019666, 50.25009, 54.315737, 56.747451 ] }, { "date": "2025-05-09", "close": 51.84, "volume": 21274, "typical_volume": 47913.55, "trend": 58.862999, "fair_value": 52.245321, "relative_strength": -11.519211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.341027, "energy": 54.977911, "activity_lines": [ 50.168333, 50.249363, 53.794642, 56.280376 ] }, { "date": "2025-05-16", "close": 54.34, "volume": 17433, "typical_volume": 47495.05, "trend": 58.665999, "fair_value": 52.29468, "relative_strength": -8.965043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.577375, "energy": 32.6696, "activity_lines": [ 51.9, 50.842454, 53.561261, 55.988569 ] }, { "date": "2025-05-23", "close": 51.810001, "volume": 74377, "typical_volume": 49850.8, "trend": 58.427, "fair_value": 52.312436, "relative_strength": -11.484638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.512533, "energy": 27.386631, "activity_lines": [ 52.234334, 50.975727, 53.123214, 55.546247 ] }, { "date": "2025-05-30", "close": 52.709999, "volume": 32191, "typical_volume": 50083.85, "trend": 58.226333, "fair_value": 52.335705, "relative_strength": -10.154738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.656958, "energy": 26.033402, "activity_lines": [ 52.574, 51.311, 52.823833, 55.177408 ] }, { "date": "2025-06-06", "close": 53.919998, "volume": 22694, "typical_volume": 50222.2, "trend": 57.887333, "fair_value": 52.374103, "relative_strength": -8.757884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.556003, "energy": 24.918685, "activity_lines": [ 53.092666, 51.905181, 52.680785, 54.89958 ] }, { "date": "2025-06-13", "close": 52.939999, "volume": 21595, "typical_volume": 47460.75, "trend": 57.546, "fair_value": 52.427051, "relative_strength": -8.952859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.451544, "energy": 17.982019, "activity_lines": [ 53.097999, 52.319908, 52.490975, 54.580397 ] }, { "date": "2025-06-20", "close": 52.98, "volume": 25625, "typical_volume": 47777.55, "trend": 57.103, "fair_value": 52.467756, "relative_strength": -7.718469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.24072, "energy": 13.869083, "activity_lines": [ 53.043333, 52.653636, 52.355785, 54.285817 ] }, { "date": "2025-06-27", "close": 53.810001, "volume": 19512, "typical_volume": 46272.95, "trend": 56.681666, "fair_value": 52.517083, "relative_strength": -7.439348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.054452, "energy": 13.500576, "activity_lines": [ 53.356, 53.011909, 52.352642, 54.073365 ] }, { "date": "2025-07-04", "close": 54.619999, "volume": 31285, "typical_volume": 46451.1, "trend": 56.320333, "fair_value": 52.552981, "relative_strength": -6.131463, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.124304, "energy": 10.23598, "activity_lines": [ 53.805333, 53.400727, 52.473499, 53.940354 ] }, { "date": "2025-07-11", "close": 55.43, "volume": 14552, "typical_volume": 46036.45, "trend": 56.021, "fair_value": 52.599487, "relative_strength": -6.296088, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.969213, "energy": 16.167761, "activity_lines": [ 54.397333, 53.840909, 52.709547, 53.882914 ] }, { "date": "2025-07-18", "close": 55.759998, "volume": 29451, "typical_volume": 45285.25, "trend": 55.804333, "fair_value": 52.636827, "relative_strength": -5.541864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.085722, "energy": 32.357614, "activity_lines": [ 54.998666, 54.262727, 53.006499, 53.866075 ] }, { "date": "2025-07-25", "close": 55.400002, "volume": 25104, "typical_volume": 43775.55, "trend": 55.585666, "fair_value": 52.662019, "relative_strength": -6.101131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 4.853363, "energy": 37.563251, "activity_lines": [ 55.292, 54.547818, 53.286976, 53.839989 ] }, { "date": "2025-08-01", "close": 54.029999, "volume": 16160, "typical_volume": 41412.5, "trend": 55.289, "fair_value": 52.671506, "relative_strength": -4.816542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.802392, "energy": 22.829121, "activity_lines": [ 54.967333, 54.564545, 53.431976, 53.739623 ] }, { "date": "2025-08-08", "close": 55.060001, "volume": 10188, "typical_volume": 39948.95, "trend": 55.079666, "fair_value": 52.672853, "relative_strength": -5.3745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 1.668534, "energy": 13.521028, "activity_lines": [ 54.971334, 54.728182, 53.674547, 53.724849 ] }, { "date": "2025-08-15", "close": 56.400002, "volume": 8318, "typical_volume": 39141.7, "trend": 54.836333, "fair_value": 52.684327, "relative_strength": -5.194637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 39.727059, "energy": 28.18317, "activity_lines": [ 55.392668, 55.092728, 54.043738, 53.810032 ] }, { "date": "2025-08-22", "close": 58.369999, "volume": 13909, "typical_volume": 29844.7, "trend": 54.661666, "fair_value": 52.712853, "relative_strength": -2.401779, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.576501, "energy": 48.776862, "activity_lines": [ 56.406, 55.770364, 54.588405, 54.03801 ] }, { "date": "2025-08-29", "close": 58.509998, "volume": 54989, "typical_volume": 25098.75, "trend": 54.475, "fair_value": 52.757147, "relative_strength": 1.178169, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.799011, "energy": 68.610382, "activity_lines": [ 57.292, 56.374727, 55.097428, 54.28629 ] }, { "date": "2025-09-05", "close": 58.720001, "volume": 40028, "typical_volume": 25501.9, "trend": 54.310666, "fair_value": 52.797724, "relative_strength": 1.849482, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.296858, "energy": 83.236067, "activity_lines": [ 58.040667, 56.916727, 55.567024, 54.560161 ] }, { "date": "2025-09-12", "close": 59.400002, "volume": 16965, "typical_volume": 25388.35, "trend": 54.203666, "fair_value": 52.856891, "relative_strength": 1.036946, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.246602, "energy": 88.083624, "activity_lines": [ 58.703334, 57.493091, 56.047429, 54.888505 ] }, { "date": "2025-09-19", "close": 60.490002, "volume": 32175, "typical_volume": 26391.25, "trend": 54.166, "fair_value": 52.933878, "relative_strength": 2.511931, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.519787, "energy": 88.840607, "activity_lines": [ 59.440001, 58.180728, 56.583762, 55.294075 ] }, { "date": "2025-09-26", "close": 60.049999, "volume": 16667, "typical_volume": 26160.9, "trend": 54.184333, "fair_value": 53.004968, "relative_strength": 1.487677, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.22889, "energy": 81.631215, "activity_lines": [ 59.757334, 58.696364, 57.033572, 55.673688 ] }, { "date": "2025-10-03", "close": 61.43, "volume": 22312, "typical_volume": 26404.85, "trend": 54.420333, "fair_value": 53.083397, "relative_strength": 1.12197, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.722957, "energy": 82.073773, "activity_lines": [ 60.422667, 59.384909, 57.575714, 56.141151 ] }, { "date": "2025-10-10", "close": 60.48, "volume": 52330, "typical_volume": 25302.5, "trend": 54.639, "fair_value": 53.155609, "relative_strength": 1.630147, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.055395, "energy": 62.012604, "activity_lines": [ 60.576667, 59.791091, 57.993619, 56.532097 ] }, { "date": "2025-10-17", "close": 60.66, "volume": 15445, "typical_volume": 24465.2, "trend": 54.832666, "fair_value": 53.228974, "relative_strength": -1.137465, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.388478, "energy": 56.769728, "activity_lines": [ 60.673333, 60.112728, 58.387381, 56.920548 ] }, { "date": "2025-10-24", "close": 61.68, "volume": 6077, "typical_volume": 23634.35, "trend": 55.093667, "fair_value": 53.294295, "relative_strength": -0.009319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.345426, "energy": 58.070434, "activity_lines": [ 61.026, 60.518, 58.840429, 57.362312 ] }, { "date": "2025-10-31", "close": 62.029999, "volume": 15609, "typical_volume": 23335.05, "trend": 55.5585, "fair_value": 53.367949, "relative_strength": 1.9282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.18662, "energy": 58.172886, "activity_lines": [ 61.416, 60.890909, 59.289857, 57.809817 ] }, { "date": "2025-11-07", "close": 59.790001, "volume": 20230, "typical_volume": 23065.3, "trend": 56.017167, "fair_value": 53.422821, "relative_strength": 0.672531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.8484, "energy": 46.869298, "activity_lines": [ 60.927333, 60.79, 59.482667, 58.082817 ] }, { "date": "2025-11-14", "close": 59.82, "volume": 7949, "typical_volume": 22487.15, "trend": 56.4315, "fair_value": 53.483397, "relative_strength": -1.641396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.217864, "energy": 35.864479, "activity_lines": [ 60.558, 60.671273, 59.645905, 58.328161 ] }, { "date": "2025-11-21", "close": 59.240002, "volume": 14574, "typical_volume": 21651.6, "trend": 56.761333, "fair_value": 53.538077, "relative_strength": 0.135309, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.536417, "energy": 25.138485, "activity_lines": [ 60.039334, 60.427091, 59.725286, 58.509355 ] }, { "date": "2025-11-28", "close": 62.52, "volume": 9211, "typical_volume": 21384.55, "trend": 57.141333, "fair_value": 53.614808, "relative_strength": 4.259775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.674863, "energy": 31.02156, "activity_lines": [ 60.708667, 60.782182, 60.095048, 58.880882 ] }, { "date": "2025-12-05", "close": 63.060001, "volume": 10664, "typical_volume": 20445.2, "trend": 57.515333, "fair_value": 53.708173, "relative_strength": 5.550317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.214265, "energy": 42.658664, "activity_lines": [ 61.502001, 61.198546, 60.482477, 59.262731 ] }, { "date": "2025-12-12", "close": 63.389999, "volume": 8605, "typical_volume": 19620.25, "trend": 57.817, "fair_value": 53.815577, "relative_strength": 6.942803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.126866, "energy": 51.777363, "activity_lines": [ 62.336667, 61.620182, 60.866572, 59.641742 ] }, { "date": "2025-12-19", "close": 62.790001, "volume": 18660, "typical_volume": 19745.25, "trend": 58.183, "fair_value": 53.920641, "relative_strength": 5.090474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.566163, "energy": 63.211969, "activity_lines": [ 62.731334, 61.897091, 61.155477, 59.962581 ] }, { "date": "2025-12-26", "close": 62.639999, "volume": 9915, "typical_volume": 19731.6, "trend": 58.514, "fair_value": 54.025545, "relative_strength": 5.650153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.295134, "energy": 62.490858, "activity_lines": [ 62.878, 62.104727, 61.388381, 60.250129 ] }, { "date": "2026-01-02", "close": 61.790001, "volume": 9057, "typical_volume": 19768.55, "trend": 58.776333, "fair_value": 54.119135, "relative_strength": 3.350597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.256889, "energy": 42.338251, "activity_lines": [ 62.514667, 62.121818, 61.504238, 60.461484 ] }, { "date": "2026-01-09", "close": 65.730003, "volume": 7622, "typical_volume": 19454.2, "trend": 59.202667, "fair_value": 54.226699, "relative_strength": 7.858677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.708826, "energy": 51.967658, "activity_lines": [ 63.513334, 62.853274, 61.969667, 60.910108 ] }, { "date": "2026-01-16", "close": 67.360001, "volume": 14584, "typical_volume": 17433.95, "trend": 59.682, "fair_value": 54.351026, "relative_strength": 11.945285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.470607, "energy": 74.86399, "activity_lines": [ 64.877335, 63.813819, 62.555286, 61.436388 ] }, { "date": "2026-01-23", "close": 66.480003, "volume": 21632, "typical_volume": 16514.15, "trend": 60.104334, "fair_value": 54.459904, "relative_strength": 12.013751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.137158, "energy": 76.038733, "activity_lines": [ 65.683335, 64.476729, 63.014953, 61.874968 ] }, { "date": "2026-01-30", "close": 63.880001, "volume": 7414, "typical_volume": 16036.6, "trend": 60.413, "fair_value": 54.535545, "relative_strength": 7.909633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.696446, "energy": 68.520407, "activity_lines": [ 65.376668, 64.545819, 63.190048, 62.11856 ] }, { "date": "2026-02-06", "close": 65.269997, "volume": 33331, "typical_volume": 16094.4, "trend": 60.741, "fair_value": 54.629648, "relative_strength": 8.321636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.478231, "energy": 57.822241, "activity_lines": [ 65.450667, 64.783273, 63.476191, 62.431914 ] }, { "date": "2026-02-13", "close": 65.18, "volume": 22758, "typical_volume": 16398.95, "trend": 61.055, "fair_value": 54.71875, "relative_strength": 7.626018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.395261, "energy": 43.084461, "activity_lines": [ 65.262667, 64.954364, 63.731, 62.718302 ] }, { "date": "2026-02-20", "close": 65.599998, "volume": 6096, "typical_volume": 15588.15, "trend": 61.395, "fair_value": 54.815673, "relative_strength": 5.686745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.985532, "energy": 38.420484, "activity_lines": [ 65.251332, 65.163273, 64.001381, 63.011527 ] }, { "date": "2026-02-27", "close": 64.879997, "volume": 5589, "typical_volume": 13251.1, "trend": 61.756667, "fair_value": 54.904904, "relative_strength": 3.669999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.661357, "energy": 33.990613, "activity_lines": [ 65.117331, 65.20109, 64.183333, 63.236366 ] }, { "date": "2026-03-06", "close": 64.980003, "volume": 34687, "typical_volume": 14213.2, "trend": 62.087334, "fair_value": 55.01609, "relative_strength": 11.037337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.473958, "energy": 29.910137, "activity_lines": [ 65.123333, 65.219091, 64.353857, 63.444323 ] }, { "date": "2026-03-13", "close": 62.900002, "volume": 15805, "typical_volume": 14699.6, "trend": 62.304, "fair_value": 55.121859, "relative_strength": 8.245613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.371563, "energy": 15.937427, "activity_lines": [ 64.362667, 64.816364, 64.305715, 63.496753 ] }, { "date": "2026-03-20", "close": 61.970001, "volume": 31985, "typical_volume": 15518.4, "trend": 62.424, "fair_value": 55.229872, "relative_strength": 9.703078, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.000678, "energy": 12.984265, "activity_lines": [ 63.450001, 64.224364, 64.163191, 63.475205 ] }, { "date": "2026-03-27", "close": 62.32, "volume": 10725, "typical_volume": 15043.15, "trend": 62.551, "fair_value": 55.328718, "relative_strength": 9.434201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.923616, "energy": 15.859586, "activity_lines": [ 62.868001, 63.764364, 64.054286, 63.468495 ] }, { "date": "2026-04-03", "close": 63.759998, "volume": 5570, "typical_volume": 14924.2, "trend": 62.719, "fair_value": 55.447564, "relative_strength": 7.908324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.814511, "energy": 17.269638, "activity_lines": [ 62.984667, 63.657818, 64.070476, 63.546495 ] }, { "date": "2026-04-10", "close": 65.510002, "volume": 3069, "typical_volume": 14348.95, "trend": 62.922667, "fair_value": 55.571699, "relative_strength": 6.479715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.863611, "energy": 15.128168, "activity_lines": [ 63.759334, 63.918909, 64.234572, 63.726559 ] }, { "date": "2026-04-17", "close": 68.57, "volume": 13170, "typical_volume": 14546.9, "trend": 63.192, "fair_value": 55.715417, "relative_strength": 8.804571, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.817371, "energy": 50.118627, "activity_lines": [ 65.518667, 64.706728, 64.660238, 64.090904 ] }, { "date": "2026-04-24", "close": 69.239998, "volume": 16402, "typical_volume": 14833.8, "trend": 63.498334, "fair_value": 55.870769, "relative_strength": 12.904689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.94531, "energy": 74.526919, "activity_lines": [ 67.123333, 65.556364, 65.120905, 64.481097 ] }, { "date": "2026-05-01", "close": 69.080002, "volume": 5343, "typical_volume": 14670.7, "trend": 63.753334, "fair_value": 56.02468, "relative_strength": 12.682899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.27939, "energy": 81.186838, "activity_lines": [ 68.19, 66.303091, 65.536905, 64.841205 ] }, { "date": "2026-05-08", "close": 70.580002, "volume": 7270, "typical_volume": 14101.2, "trend": 64.09, "fair_value": 56.186827, "relative_strength": 14.576934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.77589, "energy": 87.426306, "activity_lines": [ 69.306001, 67.259273, 66.068667, 65.281635 ] }, { "date": "2026-05-15", "close": 70.160004, "volume": 8995, "typical_volume": 14055.2, "trend": 64.406667, "fair_value": 56.338782, "relative_strength": 15.621099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.726686, "energy": 84.656009, "activity_lines": [ 69.827335, 68.035456, 66.523334, 65.673248 ] }, { "date": "2026-05-22", "close": 71.940002, "volume": 2639, "typical_volume": 13734.3, "trend": 64.748667, "fair_value": 56.501282, "relative_strength": 15.53984, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.570821, "energy": 85.704071, "activity_lines": [ 70.632002, 69.041092, 67.111715, 66.15927 ] }, { "date": "2026-05-29", "close": 72.760002, "volume": 8294, "typical_volume": 13767.9, "trend": 65.106334, "fair_value": 56.661346, "relative_strength": 15.287204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.550846, "energy": 84.432558, "activity_lines": [ 71.485336, 70.031456, 67.729858, 66.67613 ] }, { "date": "2026-06-05", "close": 72.660004, "volume": 1504, "typical_volume": 13113.9, "trend": 65.535334, "fair_value": 56.812019, "relative_strength": 14.089983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.632197, "energy": 81.105926, "activity_lines": [ 72.07067, 70.807457, 68.305001, 67.163463 ] }, { "date": "2026-06-12", "close": 74.599998, "volume": 1956, "typical_volume": 12130.1, "trend": 66.028001, "fair_value": 56.979103, "relative_strength": 14.693951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.616149, "energy": 89.710324, "activity_lines": [ 73.064001, 71.748183, 69.039668, 67.74828 ] }, { "date": "2026-06-19", "close": 75.739998, "volume": 196, "typical_volume": 11769.2, "trend": 66.578001, "fair_value": 57.159808, "relative_strength": 14.903736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.719107, "energy": 92.836973, "activity_lines": [ 74.169333, 72.699092, 69.844239, 68.374861 ] }, { "date": "2026-06-26", "close": 77.099998, "volume": 541, "typical_volume": 10129.7, "trend": 67.064, "fair_value": 57.339391, "relative_strength": 16.84163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.276311, "energy": 94.85153, "activity_lines": [ 75.355999, 73.711273, 70.721858, 69.053699 ] }, { "date": "2026-07-03", "close": 76.660004, "volume": 2076, "typical_volume": 9095.6, "trend": 67.517334, "fair_value": 57.519519, "relative_strength": 13.959766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.565114, "energy": 91.407875, "activity_lines": [ 76.052, 74.488365, 71.501239, 69.672796 ] }, { "date": "2026-07-10", "close": 75.949997, "volume": 36253, "typical_volume": 10603.45, "trend": 67.936001, "fair_value": 57.694327, "relative_strength": 14.628387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.207359, "energy": 87.064514, "activity_lines": [ 76.251333, 75.001455, 72.158334, 70.216839 ] }, { "date": "2026-07-17", "close": 75.440002, "volume": 21897, "typical_volume": 11418.85, "trend": 68.357667, "fair_value": 57.855801, "relative_strength": 13.334505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.681257, "energy": 83.165396, "activity_lines": [ 76.061334, 75.296909, 72.717572, 70.700968 ] }, { "date": "2026-07-24", "close": 75.730003, "volume": 5115, "typical_volume": 9940.25, "trend": 68.794001, "fair_value": 58.014391, "relative_strength": 12.778981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.44717, "energy": 64.495926, "activity_lines": [ 75.912001, 75.556728, 73.254144, 71.176603 ] }, { "date": "2026-07-31", "close": 74.129997, "volume": 5838, "typical_volume": 9441.9, "trend": 69.205334, "fair_value": 58.164519, "relative_strength": 8.211718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.995799, "energy": 53.812536, "activity_lines": [ 75.23, 75.424364, 73.587143, 71.520861 ] }, { "date": "2026-08-07", "close": 76.650002, "volume": 24708, "typical_volume": 9078.05, "trend": 69.569334, "fair_value": 58.337019, "relative_strength": 8.816776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.30472, "energy": 56.980213, "activity_lines": [ 75.586001, 75.710364, 74.106667, 72.001162 ] } ], "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." } } }