{ "ticker": { "uuid": "3ec8e168-0384-4356-b2f1-ffa8ffcf6a46", "symbol": "EST", "name": "Amundi MSCI Eastern Europe Ex Russia UCITS ETF Acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "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": 89.015, "architecture_energy": 92.507, "architecture_maturity": 43.235, "architecture_confidence": 82.828, "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": 2.42, "rotation_up": 82.83, "upward_expansion": 99.29, "deceleration": 39.34, "rotation_down": 12.75, "downward_expansion": 21.29 }, "activity_lines": [ 46.167666, 45.294727, 44.163309, 43.005892 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 47.459999, "trend_reference": 41.615667, "distance_from_trend": 0.140436, "trend_direction": "Improving", "fair_value": 29.536327, "distance_from_fair_value": 0.606835, "fair_value_direction": "Improving", "relative_strength": 6.397378, "relative_strength_direction": "Improving", "price_momentum": 0.184575, "excess_performance": 0.013683, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.140436, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.076244, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.606835, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.081377, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.063974, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015538, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.184575, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.094705, "read": "Demand-led" } ], "volume": { "latest": 52140, "relative_activity": 1.528918, "balance": 4.094705, "dry_up": 1.253953, "accumulation_observations": 6, "distribution_observations": 0 }, "risk": { "range_context": 0.027327, "annualized_volatility": 0.201658, "from_high_reference": -0.007009, "from_low_reference": 0.511706 }, "levels": { "trend_reference": 41.615667, "fair_value_reference": 29.536327, "structural_low": 35.935001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.019563, "positive_rate": 0.675, "directional_follow_through": 0.675, "median_excess_return": 0.001678, "regime_survival": 0.75, "best_return": 0.142857, "worst_return": -0.100887, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.096046, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.037828, "regime_survival": 0.642857, "best_return": 0.167395, "worst_return": -0.032352, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.155488, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.026614, "regime_survival": 0.625, "best_return": 0.243144, "worst_return": -0.046489, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.205138, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.040111, "regime_survival": 0.5, "best_return": 0.464899, "worst_return": -0.215891, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-05", "tenure": "New", "return": 0.025449, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-08-09", "tenure": "Developing", "return": -0.100887, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": -0.004834, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-10-25", "tenure": "Developing", "return": -0.016112, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": 0.030258, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": 0.059559, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.01612, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.005667, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.075132, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-09-05", "tenure": "Established", "return": 0.042502, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-17", "tenure": "Developing", "return": 0.024197, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2026-03-13", "tenure": "Established", "return": 0.084644, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.179197, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.137993, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 19.837999, "volume": 7946, "typical_volume": 32579.5, "trend": 18.436633, "fair_value": 17.719647, "relative_strength": 8.040603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.240078, "energy": 56.779521, "activity_lines": [ 20.35, 20.242054, 19.793957, 19.176669 ] }, { "date": "2023-08-25", "close": 19.858, "volume": 5969, "typical_volume": 32657.5, "trend": 18.514633, "fair_value": 17.74343, "relative_strength": 6.357965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.029886, "energy": 40.42381, "activity_lines": [ 20.153133, 20.195127, 19.852076, 19.26837 ] }, { "date": "2023-09-01", "close": 20.105, "volume": 32990, "typical_volume": 34137.8, "trend": 18.604133, "fair_value": 17.773756, "relative_strength": 5.858141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.159378, "energy": 32.496292, "activity_lines": [ 20.073733, 20.195509, 19.919357, 19.370974 ] }, { "date": "2023-09-08", "close": 18.92, "volume": 11760, "typical_volume": 33485.55, "trend": 18.668, "fair_value": 17.795154, "relative_strength": 0.990364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.704277, "energy": 21.038481, "activity_lines": [ 19.652, 19.971509, 19.861662, 19.391353 ] }, { "date": "2023-09-15", "close": 19.243999, "volume": 35695, "typical_volume": 34198.4, "trend": 18.739066, "fair_value": 17.820846, "relative_strength": 0.361708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.11193, "energy": 18.126552, "activity_lines": [ 19.451266, 19.822527, 19.8301, 19.428514 ] }, { "date": "2023-09-22", "close": 18.743999, "volume": 24298, "typical_volume": 31941.95, "trend": 18.797066, "fair_value": 17.850474, "relative_strength": -1.18355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.760488, "energy": 28.312524, "activity_lines": [ 19.168266, 19.584163, 19.745976, 19.428832 ] }, { "date": "2023-09-29", "close": 18.511999, "volume": 6210, "typical_volume": 30802.6, "trend": 18.8372, "fair_value": 17.875769, "relative_strength": -1.360091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -19.398184, "energy": 36.966011, "activity_lines": [ 18.880866, 19.329727, 19.63829, 19.410441 ] }, { "date": "2023-10-06", "close": 18.332001, "volume": 10698, "typical_volume": 30550.5, "trend": 18.8856, "fair_value": 17.898577, "relative_strength": -0.901747, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.51194, "energy": 63.949437, "activity_lines": [ 18.6232, 19.076618, 19.514281, 19.377847 ] }, { "date": "2023-10-13", "close": 19.110001, "volume": 14571, "typical_volume": 29828.0, "trend": 19.002333, "fair_value": 17.930718, "relative_strength": 1.54296, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.400956, "energy": 56.20318, "activity_lines": [ 18.743067, 19.011564, 19.465671, 19.392325 ] }, { "date": "2023-10-20", "close": 19.733999, "volume": 49827, "typical_volume": 18024.9, "trend": 19.135466, "fair_value": 17.967692, "relative_strength": 7.924106, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.171508, "energy": 17.353219, "activity_lines": [ 19.058267, 19.087327, 19.47469, 19.439529 ] }, { "date": "2023-10-27", "close": 20.34, "volume": 4819, "typical_volume": 17208.75, "trend": 19.2618, "fair_value": 18.015359, "relative_strength": 11.139382, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 47.572396, "energy": 26.362014, "activity_lines": [ 19.5428, 19.287382, 19.538614, 19.517241 ] }, { "date": "2023-11-03", "close": 20.965, "volume": 31745, "typical_volume": 18180.75, "trend": 19.399233, "fair_value": 18.05566, "relative_strength": 8.749381, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 65.379706, "energy": 49.113971, "activity_lines": [ 20.129267, 19.591945, 19.658805, 19.627125 ] }, { "date": "2023-11-10", "close": 20.834999, "volume": 13688, "typical_volume": 18417.55, "trend": 19.5084, "fair_value": 18.090654, "relative_strength": 8.468383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.719193, "energy": 56.739789, "activity_lines": [ 20.508866, 19.852745, 19.761971, 19.719755 ] }, { "date": "2023-11-17", "close": 21.549999, "volume": 11850, "typical_volume": 17901.95, "trend": 19.629133, "fair_value": 18.126526, "relative_strength": 8.12503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.082221, "energy": 85.078247, "activity_lines": [ 20.959933, 20.230272, 19.927419, 19.851471 ] }, { "date": "2023-11-24", "close": 21.610001, "volume": 29187, "typical_volume": 18965.25, "trend": 19.7426, "fair_value": 18.161692, "relative_strength": 8.414375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.363082, "energy": 85.535727, "activity_lines": [ 21.268333, 20.570891, 20.090276, 19.979269 ] }, { "date": "2023-12-01", "close": 22.395, "volume": 12695, "typical_volume": 17859.85, "trend": 19.874567, "fair_value": 18.197404, "relative_strength": 10.17793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.365036, "energy": 90.37513, "activity_lines": [ 21.713333, 21.011218, 20.317028, 20.150391 ] }, { "date": "2023-12-08", "close": 22.545, "volume": 10860, "typical_volume": 17972.0, "trend": 20.003266, "fair_value": 18.23259, "relative_strength": 8.882534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.710754, "energy": 93.018801, "activity_lines": [ 22.071333, 21.412436, 20.547519, 20.322677 ] }, { "date": "2023-12-15", "close": 22.889999, "volume": 23258, "typical_volume": 17893.9, "trend": 20.146066, "fair_value": 18.26932, "relative_strength": 10.39821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.797343, "energy": 92.340382, "activity_lines": [ 22.439, 21.803054, 20.800581, 20.508918 ] }, { "date": "2023-12-22", "close": 22.93, "volume": 12267, "typical_volume": 17628.15, "trend": 20.286, "fair_value": 18.3085, "relative_strength": 10.436699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.03322, "energy": 90.051957, "activity_lines": [ 22.683, 22.118072, 21.047952, 20.688527 ] }, { "date": "2023-12-29", "close": 22.85, "volume": 3576, "typical_volume": 17695.45, "trend": 20.409533, "fair_value": 18.345897, "relative_strength": 9.856043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.390971, "energy": 85.734386, "activity_lines": [ 22.808333, 22.349091, 21.276681, 20.853946 ] }, { "date": "2024-01-05", "close": 22.58, "volume": 26953, "typical_volume": 18645.8, "trend": 20.507, "fair_value": 18.37491, "relative_strength": 8.028248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.785814, "energy": 65.009068, "activity_lines": [ 22.761, 22.474363, 21.468552, 20.993976 ] }, { "date": "2024-01-12", "close": 22.504999, "volume": 8545, "typical_volume": 18774.6, "trend": 20.590833, "fair_value": 18.407622, "relative_strength": 7.355775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.073382, "energy": 59.914624, "activity_lines": [ 22.676333, 22.545272, 21.640224, 21.122879 ] }, { "date": "2024-01-19", "close": 22.235001, "volume": 31720, "typical_volume": 18711.1, "trend": 20.6782, "fair_value": 18.440564, "relative_strength": 6.502484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.441618, "energy": 49.540016, "activity_lines": [ 22.504333, 22.539091, 21.773576, 21.228955 ] }, { "date": "2024-01-26", "close": 22.184999, "volume": 6186, "typical_volume": 18432.4, "trend": 20.7575, "fair_value": 18.473596, "relative_strength": 5.73125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.70926, "energy": 40.561962, "activity_lines": [ 22.359333, 22.498363, 21.892024, 21.326168 ] }, { "date": "2024-02-02", "close": 23.415001, "volume": 39575, "typical_volume": 18626.4, "trend": 20.893733, "fair_value": 18.512231, "relative_strength": 10.006787, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.284292, "energy": 53.064327, "activity_lines": [ 22.674, 22.669727, 22.112067, 21.497619 ] }, { "date": "2024-02-09", "close": 22.985001, "volume": 10897, "typical_volume": 17956.35, "trend": 20.987233, "fair_value": 18.549994, "relative_strength": 6.132249, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.252056, "energy": 49.429931, "activity_lines": [ 22.807667, 22.730091, 22.271295, 21.63254 ] }, { "date": "2024-02-16", "close": 23.42, "volume": 15415, "typical_volume": 18416.6, "trend": 21.0884, "fair_value": 18.588096, "relative_strength": 5.82236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.756221, "energy": 58.811413, "activity_lines": [ 23.059334, 22.858818, 22.451757, 21.789492 ] }, { "date": "2024-02-23", "close": 24.275, "volume": 24489, "typical_volume": 19106.15, "trend": 21.201067, "fair_value": 18.635885, "relative_strength": 6.107082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.971001, "energy": 81.560506, "activity_lines": [ 23.535, 23.127091, 22.690276, 21.99508 ] }, { "date": "2024-03-01", "close": 23.825001, "volume": 32233, "typical_volume": 19989.25, "trend": 21.308067, "fair_value": 18.681647, "relative_strength": 3.115977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.508512, "energy": 81.241923, "activity_lines": [ 23.724667, 23.288364, 22.857638, 22.164366 ] }, { "date": "2024-03-08", "close": 23.264999, "volume": 16969, "typical_volume": 18346.35, "trend": 21.3999, "fair_value": 18.719962, "relative_strength": -0.935633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.998357, "energy": 66.914644, "activity_lines": [ 23.618333, 23.331546, 22.949214, 22.290619 ] }, { "date": "2024-03-15", "close": 23.385, "volume": 48138, "typical_volume": 20512.3, "trend": 21.518133, "fair_value": 18.761583, "relative_strength": -2.202687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.273768, "energy": 53.909427, "activity_lines": [ 23.562, 23.389, 23.035405, 22.41869 ] }, { "date": "2024-03-22", "close": 23.35, "volume": 26179, "typical_volume": 20234.0, "trend": 21.634533, "fair_value": 18.803776, "relative_strength": -3.686981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.478398, "energy": 41.904472, "activity_lines": [ 23.467333, 23.425455, 23.103762, 22.536875 ] }, { "date": "2024-03-29", "close": 23.82, "volume": 10818, "typical_volume": 20090.5, "trend": 21.758367, "fair_value": 18.847122, "relative_strength": -3.094477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.388147, "energy": 40.499536, "activity_lines": [ 23.534, 23.532, 23.205524, 22.677873 ] }, { "date": "2024-04-05", "close": 24.26, "volume": 16194, "typical_volume": 20307.7, "trend": 21.936367, "fair_value": 18.891814, "relative_strength": 0.581825, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.921177, "energy": 49.377644, "activity_lines": [ 23.777667, 23.689727, 23.334976, 22.839269 ] }, { "date": "2024-04-12", "close": 24.225, "volume": 14446, "typical_volume": 19570.65, "trend": 22.1024, "fair_value": 18.935256, "relative_strength": 0.932088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.697957, "energy": 50.611547, "activity_lines": [ 23.980667, 23.803364, 23.448191, 22.986923 ] }, { "date": "2024-04-19", "close": 24.01, "volume": 6413, "typical_volume": 19256.55, "trend": 22.277933, "fair_value": 18.978603, "relative_strength": -0.595438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.486331, "energy": 50.539899, "activity_lines": [ 24.048, 23.863182, 23.528476, 23.109994 ] }, { "date": "2024-04-26", "close": 24.469999, "volume": 7794, "typical_volume": 19103.25, "trend": 22.476533, "fair_value": 19.022192, "relative_strength": 0.22493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.107369, "energy": 62.254123, "activity_lines": [ 24.227, 23.988, 23.644881, 23.251417 ] }, { "date": "2024-05-03", "close": 24.68, "volume": 24524, "typical_volume": 19166.55, "trend": 22.688133, "fair_value": 19.063718, "relative_strength": 2.785927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.933113, "energy": 69.794118, "activity_lines": [ 24.401333, 24.131909, 23.772119, 23.393576 ] }, { "date": "2024-05-10", "close": 25.09, "volume": 46503, "typical_volume": 20878.35, "trend": 22.887467, "fair_value": 19.106333, "relative_strength": 1.28286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.75051, "energy": 72.956506, "activity_lines": [ 24.655, 24.343, 23.929881, 23.548535 ] }, { "date": "2024-05-17", "close": 25.655001, "volume": 21401, "typical_volume": 21769.6, "trend": 23.084833, "fair_value": 19.148481, "relative_strength": 1.26031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.369707, "energy": 87.367273, "activity_lines": [ 25.041667, 24.633818, 24.131167, 23.727086 ] }, { "date": "2024-05-24", "close": 25.43, "volume": 31660, "typical_volume": 22004.95, "trend": 23.2545, "fair_value": 19.184878, "relative_strength": 2.91488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.407139, "energy": 86.352229, "activity_lines": [ 25.258, 24.840273, 24.297667, 23.878387 ] }, { "date": "2024-05-31", "close": 24.959999, "volume": 95067, "typical_volume": 26331.05, "trend": 23.387667, "fair_value": 19.215423, "relative_strength": 0.965442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.231778, "energy": 73.973047, "activity_lines": [ 25.223, 24.924091, 24.405833, 23.988419 ] }, { "date": "2024-06-07", "close": 24.495001, "volume": 26279, "typical_volume": 26059.0, "trend": 23.509667, "fair_value": 19.244077, "relative_strength": -1.350961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.108786, "energy": 52.105179, "activity_lines": [ 25.000334, 24.894091, 24.458024, 24.05986 ] }, { "date": "2024-06-14", "close": 24.025, "volume": 8568, "typical_volume": 26178.1, "trend": 23.592167, "fair_value": 19.272686, "relative_strength": 2.615868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.046147, "energy": 27.495965, "activity_lines": [ 24.633333, 24.766364, 24.454691, 24.093108 ] }, { "date": "2024-06-21", "close": 24.754999, "volume": 21079, "typical_volume": 25253.3, "trend": 23.697, "fair_value": 19.302109, "relative_strength": 3.627423, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.093015, "energy": 22.998262, "activity_lines": [ 24.580666, 24.775636, 24.512119, 24.168129 ] }, { "date": "2024-06-28", "close": 25.530001, "volume": 9678, "typical_volume": 25192.35, "trend": 23.8015, "fair_value": 19.338737, "relative_strength": 7.174535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.10223, "energy": 29.775817, "activity_lines": [ 24.846333, 24.916182, 24.636976, 24.286387 ] }, { "date": "2024-07-05", "close": 25.385, "volume": 13404, "typical_volume": 25091.8, "trend": 23.896167, "fair_value": 19.374795, "relative_strength": 3.808981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.364293, "energy": 38.744093, "activity_lines": [ 25.057, 25.002727, 24.735905, 24.388548 ] }, { "date": "2024-07-12", "close": 25.92, "volume": 10083, "typical_volume": 24371.5, "trend": 23.997167, "fair_value": 19.414667, "relative_strength": 4.052605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.582008, "energy": 66.485206, "activity_lines": [ 25.417667, 25.169909, 24.876429, 24.519118 ] }, { "date": "2024-07-19", "close": 25.24, "volume": 8292, "typical_volume": 23174.45, "trend": 24.074167, "fair_value": 19.451064, "relative_strength": 2.318461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.874631, "energy": 59.346926, "activity_lines": [ 25.456667, 25.190909, 24.944357, 24.599301 ] }, { "date": "2024-07-26", "close": 24.674999, "volume": 40827, "typical_volume": 24367.35, "trend": 24.135, "fair_value": 19.482006, "relative_strength": 1.165301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.379682, "energy": 37.027627, "activity_lines": [ 25.226333, 25.106454, 24.951738, 24.638064 ] }, { "date": "2024-08-02", "close": 23.950001, "volume": 41204, "typical_volume": 24020.65, "trend": 24.180667, "fair_value": 19.506141, "relative_strength": 3.617348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.454178, "energy": 7.925009, "activity_lines": [ 24.759667, 24.908, 24.883357, 24.626129 ] }, { "date": "2024-08-09", "close": 23.305, "volume": 21499, "typical_volume": 23786.65, "trend": 24.207333, "fair_value": 19.524859, "relative_strength": 1.557309, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -33.909843, "energy": 33.143077, "activity_lines": [ 24.183333, 24.619182, 24.750857, 24.569634 ] }, { "date": "2024-08-16", "close": 24.825001, "volume": 8380, "typical_volume": 23664.75, "trend": 24.293667, "fair_value": 19.553417, "relative_strength": 3.957142, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.126213, "energy": 23.342205, "activity_lines": [ 24.252334, 24.636818, 24.763333, 24.609484 ] }, { "date": "2024-08-23", "close": 24.790001, "volume": 7345, "typical_volume": 23222.3, "trend": 24.3805, "fair_value": 19.579827, "relative_strength": 1.843147, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.841856, "energy": 19.205255, "activity_lines": [ 24.382667, 24.642091, 24.767691, 24.641506 ] }, { "date": "2024-08-30", "close": 24.705, "volume": 7530, "typical_volume": 22876.5, "trend": 24.4235, "fair_value": 19.600917, "relative_strength": -0.685727, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.08535, "energy": 12.590813, "activity_lines": [ 24.514667, 24.618, 24.761429, 24.662441 ] }, { "date": "2024-09-06", "close": 23.895, "volume": 12317, "typical_volume": 23171.7, "trend": 24.453833, "fair_value": 19.617359, "relative_strength": -0.945277, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.175855, "energy": 9.891286, "activity_lines": [ 24.374667, 24.447546, 24.675738, 24.628344 ] }, { "date": "2024-09-13", "close": 24.105, "volume": 13144, "typical_volume": 23439.2, "trend": 24.476667, "fair_value": 19.637423, "relative_strength": -1.036144, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.323991, "energy": 11.589789, "activity_lines": [ 24.308334, 24.345, 24.610595, 24.605839 ] }, { "date": "2024-09-20", "close": 24.025, "volume": 6981, "typical_volume": 22562.05, "trend": 24.468333, "fair_value": 19.659314, "relative_strength": -2.075818, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.344354, "energy": 23.855465, "activity_lines": [ 24.162, 24.251182, 24.539572, 24.576699 ] }, { "date": "2024-09-27", "close": 24.905001, "volume": 21786, "typical_volume": 21326.2, "trend": 24.504333, "fair_value": 19.682551, "relative_strength": -1.470711, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.414703, "energy": 8.99036, "activity_lines": [ 24.362334, 24.351819, 24.555476, 24.604871 ] }, { "date": "2024-10-04", "close": 23.715, "volume": 17189, "typical_volume": 21115.6, "trend": 24.519333, "fair_value": 19.69566, "relative_strength": -3.13404, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.30734, "energy": 25.458258, "activity_lines": [ 24.158334, 24.242182, 24.458929, 24.553946 ] }, { "date": "2024-10-11", "close": 24.290001, "volume": 11942, "typical_volume": 20129.7, "trend": 24.5495, "fair_value": 19.708897, "relative_strength": -2.930187, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.61578, "energy": 23.761292, "activity_lines": [ 24.212001, 24.254546, 24.426381, 24.539151 ] }, { "date": "2024-10-18", "close": 24.075001, "volume": 13191, "typical_volume": 16035.9, "trend": 24.573667, "fair_value": 19.724282, "relative_strength": -6.145361, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.818159, "energy": 22.896955, "activity_lines": [ 24.167667, 24.221637, 24.378786, 24.508538 ] }, { "date": "2024-10-25", "close": 23.51, "volume": 25906, "typical_volume": 16017.25, "trend": 24.563333, "fair_value": 19.736846, "relative_strength": -7.049809, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.741813, "energy": 49.160454, "activity_lines": [ 23.937001, 24.072, 24.281596, 24.439914 ] }, { "date": "2024-11-01", "close": 23.299999, "volume": 27846, "typical_volume": 16981.15, "trend": 24.531333, "fair_value": 19.745211, "relative_strength": -7.469606, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.93922, "energy": 55.400526, "activity_lines": [ 23.670667, 23.908091, 24.169095, 24.358409 ] }, { "date": "2024-11-08", "close": 24.290001, "volume": 10953, "typical_volume": 16474.85, "trend": 24.5335, "fair_value": 19.765596, "relative_strength": -1.054573, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.333426, "energy": 44.229264, "activity_lines": [ 23.841334, 23.951273, 24.154334, 24.342839 ] }, { "date": "2024-11-15", "close": 23.66, "volume": 11018, "typical_volume": 16541.85, "trend": 24.521833, "fair_value": 19.788192, "relative_strength": -4.580392, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.98798, "energy": 49.361796, "activity_lines": [ 23.763667, 23.887455, 24.081786, 24.286484 ] }, { "date": "2024-11-22", "close": 23.639999, "volume": 13720, "typical_volume": 16557.65, "trend": 24.494167, "fair_value": 19.816885, "relative_strength": -2.603639, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.606142, "energy": 35.746626, "activity_lines": [ 23.721333, 23.824273, 24.016238, 24.229592 ] }, { "date": "2024-11-29", "close": 23.705, "volume": 4372, "typical_volume": 16272.1, "trend": 24.461667, "fair_value": 19.840218, "relative_strength": -2.000888, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.274133, "energy": 27.734108, "activity_lines": [ 23.729666, 23.781364, 23.965191, 24.178678 ] }, { "date": "2024-12-06", "close": 24.735001, "volume": 7975, "typical_volume": 16256.25, "trend": 24.449834, "fair_value": 19.868519, "relative_strength": -1.59351, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.554766, "energy": 10.210205, "activity_lines": [ 24.068334, 23.931546, 24.022786, 24.196312 ] }, { "date": "2024-12-13", "close": 24.6, "volume": 6097, "typical_volume": 14519.75, "trend": 24.414667, "fair_value": 19.89759, "relative_strength": -2.394632, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.545572, "energy": 13.332366, "activity_lines": [ 24.266333, 24.060273, 24.069929, 24.206 ] }, { "date": "2024-12-20", "close": 24.004999, "volume": 14278, "typical_volume": 13173.45, "trend": 24.367167, "fair_value": 19.922333, "relative_strength": -1.470964, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.120846, "energy": 15.706179, "activity_lines": [ 24.245333, 24.064727, 24.060762, 24.17957 ] }, { "date": "2024-12-27", "close": 24.01, "volume": 4793, "typical_volume": 12338.15, "trend": 24.3355, "fair_value": 19.943615, "relative_strength": -2.460009, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.119093, "energy": 16.37153, "activity_lines": [ 24.203, 24.075273, 24.05181, 24.156527 ] }, { "date": "2025-01-03", "close": 24.280001, "volume": 4872, "typical_volume": 12162.75, "trend": 24.328333, "fair_value": 19.962397, "relative_strength": -1.187794, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.973015, "energy": 10.567075, "activity_lines": [ 24.226, 24.136091, 24.065214, 24.152946 ] }, { "date": "2025-01-10", "close": 24.715, "volume": 22968, "typical_volume": 12943.9, "trend": 24.351333, "fair_value": 19.980058, "relative_strength": -2.085428, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.752319, "energy": 18.570381, "activity_lines": [ 24.355667, 24.262, 24.122643, 24.177893 ] }, { "date": "2025-01-17", "close": 25.440001, "volume": 6658, "typical_volume": 12900.3, "trend": 24.374167, "fair_value": 20.00682, "relative_strength": -2.401249, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.24261, "energy": 50.955176, "activity_lines": [ 24.728334, 24.494, 24.249476, 24.248129 ] }, { "date": "2025-01-24", "close": 26.365, "volume": 8822, "typical_volume": 12725.55, "trend": 24.402, "fair_value": 20.043327, "relative_strength": 1.340013, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 58.853678, "energy": 73.738733, "activity_lines": [ 25.353334, 24.873273, 24.460905, 24.37657 ] }, { "date": "2025-01-31", "close": 26.790001, "volume": 11903, "typical_volume": 12663.5, "trend": 24.448834, "fair_value": 20.081885, "relative_strength": 2.284344, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.380397, "energy": 92.619169, "activity_lines": [ 25.962667, 25.280637, 24.701048, 24.530635 ] }, { "date": "2025-02-07", "close": 27.35, "volume": 30243, "typical_volume": 13826.6, "trend": 24.4965, "fair_value": 20.121885, "relative_strength": 2.775816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.765999, "energy": 96.134895, "activity_lines": [ 26.573334, 25.732546, 24.981738, 24.717807 ] }, { "date": "2025-02-14", "close": 28.4, "volume": 33756, "typical_volume": 14425.1, "trend": 24.601834, "fair_value": 20.173103, "relative_strength": 4.103438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.227421, "energy": 97.643861, "activity_lines": [ 27.329334, 26.309091, 25.346595, 24.969645 ] }, { "date": "2025-02-21", "close": 28.834999, "volume": 35387, "typical_volume": 15335.0, "trend": 24.7405, "fair_value": 20.239776, "relative_strength": 4.456418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.010869, "energy": 96.592297, "activity_lines": [ 27.984666, 26.898091, 25.736238, 25.242753 ] }, { "date": "2025-02-28", "close": 28.424999, "volume": 36207, "typical_volume": 16548.25, "trend": 24.889667, "fair_value": 20.317936, "relative_strength": 2.315145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.114878, "energy": 90.449394, "activity_lines": [ 28.276999, 27.335545, 26.062452, 25.480462 ] }, { "date": "2025-03-07", "close": 28.875, "volume": 44051, "typical_volume": 18091.25, "trend": 25.075333, "fair_value": 20.390801, "relative_strength": 3.958022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.810287, "energy": 89.875863, "activity_lines": [ 28.582, 27.774454, 26.411833, 25.737581 ] }, { "date": "2025-03-14", "close": 29.805, "volume": 41121, "typical_volume": 18852.0, "trend": 25.241333, "fair_value": 20.46409, "relative_strength": 6.899826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.211031, "energy": 75.120976, "activity_lines": [ 29.058, 28.294, 26.826929, 26.04272 ] }, { "date": "2025-03-21", "close": 29.74, "volume": 52605, "typical_volume": 20089.95, "trend": 25.406333, "fair_value": 20.536949, "relative_strength": 5.395251, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.69148, "energy": 71.168818, "activity_lines": [ 29.348666, 28.701273, 27.205857, 26.332957 ] }, { "date": "2025-03-28", "close": 30.049999, "volume": 53283, "typical_volume": 22206.45, "trend": 25.5845, "fair_value": 20.606192, "relative_strength": 7.053314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.264959, "energy": 70.825982, "activity_lines": [ 29.653333, 29.073545, 27.583643, 26.632548 ] }, { "date": "2025-04-04", "close": 26.67, "volume": 86703, "typical_volume": 25990.7, "trend": 25.677, "fair_value": 20.658923, "relative_strength": 6.068529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.588992, "energy": 52.337082, "activity_lines": [ 28.750333, 28.747454, 27.612095, 26.702581 ] }, { "date": "2025-04-11", "close": 27.195, "volume": 73896, "typical_volume": 28999.5, "trend": 25.78, "fair_value": 20.714301, "relative_strength": 9.892345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.503399, "energy": 29.908724, "activity_lines": [ 28.139333, 28.511272, 27.676214, 26.800516 ] }, { "date": "2025-04-18", "close": 28.35, "volume": 15982, "typical_volume": 29580.0, "trend": 25.924167, "fair_value": 20.781147, "relative_strength": 8.115354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.664532, "energy": 23.383149, "activity_lines": [ 28.025333, 28.477727, 27.833405, 26.966323 ] }, { "date": "2025-04-25", "close": 30.110001, "volume": 10218, "typical_volume": 29692.15, "trend": 26.097667, "fair_value": 20.865622, "relative_strength": 10.354168, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.443571, "energy": 29.21871, "activity_lines": [ 28.595, 28.746, 28.136095, 27.236376 ] }, { "date": "2025-05-02", "close": 30.48, "volume": 65693, "typical_volume": 32671.95, "trend": 26.323167, "fair_value": 20.95775, "relative_strength": 8.678422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.64205, "energy": 45.223205, "activity_lines": [ 29.263334, 29.050455, 28.448429, 27.519108 ] }, { "date": "2025-05-09", "close": 30.940001, "volume": 43415, "typical_volume": 34128.8, "trend": 26.544833, "fair_value": 21.052763, "relative_strength": 7.224296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.227533, "energy": 64.515485, "activity_lines": [ 30.056334, 29.408637, 28.776572, 27.816968 ] }, { "date": "2025-05-16", "close": 31.065001, "volume": 30386, "typical_volume": 35408.45, "trend": 26.777833, "fair_value": 21.145474, "relative_strength": 4.144607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.310356, "energy": 76.492349, "activity_lines": [ 30.606334, 29.743819, 29.083595, 28.108592 ] }, { "date": "2025-05-23", "close": 30.25, "volume": 12491, "typical_volume": 35789.4, "trend": 27.0025, "fair_value": 21.233808, "relative_strength": 4.366988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.124372, "energy": 69.120191, "activity_lines": [ 30.626667, 29.891, 29.279405, 28.332602 ] }, { "date": "2025-05-30", "close": 30.690001, "volume": 12613, "typical_volume": 35271.65, "trend": 27.248833, "fair_value": 21.323474, "relative_strength": 4.154125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.379216, "energy": 58.445603, "activity_lines": [ 30.667001, 30.110091, 29.488691, 28.570506 ] }, { "date": "2025-06-06", "close": 30.01, "volume": 41388, "typical_volume": 37008.15, "trend": 27.4395, "fair_value": 21.413744, "relative_strength": 0.469369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.563572, "energy": 42.110952, "activity_lines": [ 30.442, 30.188273, 29.604762, 28.748645 ] }, { "date": "2025-06-13", "close": 29.92, "volume": 17104, "typical_volume": 37422.25, "trend": 27.648167, "fair_value": 21.505731, "relative_strength": 3.059527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.707014, "energy": 30.315747, "activity_lines": [ 30.218334, 30.250819, 29.6905, 28.908678 ] }, { "date": "2025-06-20", "close": 30.43, "volume": 20489, "typical_volume": 37851.55, "trend": 27.8745, "fair_value": 21.60132, "relative_strength": 5.282645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.131544, "energy": 29.377587, "activity_lines": [ 30.232667, 30.347, 29.807881, 29.088151 ] }, { "date": "2025-06-27", "close": 31.280001, "volume": 35060, "typical_volume": 38092.4, "trend": 28.127, "fair_value": 21.703231, "relative_strength": 6.784495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.103488, "energy": 36.722925, "activity_lines": [ 30.572667, 30.53891, 29.988881, 29.30786 ] }, { "date": "2025-07-04", "close": 31.865, "volume": 19090, "typical_volume": 37359.1, "trend": 28.364667, "fair_value": 21.808173, "relative_strength": 8.948036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.977755, "energy": 49.926479, "activity_lines": [ 31.039, 30.783909, 30.206881, 29.549022 ] }, { "date": "2025-07-11", "close": 31.725, "volume": 9895, "typical_volume": 36084.5, "trend": 28.602167, "fair_value": 21.916115, "relative_strength": 7.117916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.150901, "energy": 71.501673, "activity_lines": [ 31.380334, 30.971546, 30.395048, 29.765817 ] }, { "date": "2025-07-18", "close": 32.875, "volume": 23172, "typical_volume": 35432.75, "trend": 28.897834, "fair_value": 22.026622, "relative_strength": 10.133392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.975341, "energy": 83.75142, "activity_lines": [ 31.990667, 31.345637, 30.678976, 30.041484 ] }, { "date": "2025-07-25", "close": 32.955002, "volume": 15497, "typical_volume": 34005.05, "trend": 29.196, "fair_value": 22.137, "relative_strength": 9.05419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.487532, "energy": 87.904082, "activity_lines": [ 32.430667, 31.699091, 30.949334, 30.303237 ] }, { "date": "2025-08-01", "close": 32.174999, "volume": 33342, "typical_volume": 33616.1, "trend": 29.459167, "fair_value": 22.243776, "relative_strength": 8.398577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.889766, "energy": 79.105539, "activity_lines": [ 32.442334, 31.876364, 31.125977, 30.49543 ] }, { "date": "2025-08-08", "close": 34.0, "volume": 45008, "typical_volume": 33236.25, "trend": 29.768667, "fair_value": 22.357147, "relative_strength": 9.683856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.768435, "energy": 88.057963, "activity_lines": [ 33.002667, 32.350455, 31.465143, 30.788387 ] }, { "date": "2025-08-15", "close": 33.419998, "volume": 12154, "typical_volume": 31179.8, "trend": 30.034667, "fair_value": 22.472468, "relative_strength": 5.121992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.621479, "energy": 76.578019, "activity_lines": [ 33.227333, 32.658909, 31.728786, 31.023957 ] }, { "date": "2025-08-22", "close": 32.834999, "volume": 54873, "typical_volume": 29588.3, "trend": 30.250333, "fair_value": 22.587846, "relative_strength": 1.661286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.802542, "energy": 57.848636, "activity_lines": [ 33.143999, 32.799, 31.920667, 31.204624 ] }, { "date": "2025-08-29", "close": 31.84, "volume": 24843, "typical_volume": 27135.65, "trend": 30.418667, "fair_value": 22.700718, "relative_strength": 1.089802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.940378, "energy": 49.17028, "activity_lines": [ 32.731666, 32.705181, 31.988429, 31.307183 ] }, { "date": "2025-09-05", "close": 32.255001, "volume": 63425, "typical_volume": 29507.8, "trend": 30.582167, "fair_value": 22.817391, "relative_strength": 3.701124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.927654, "energy": 32.794429, "activity_lines": [ 32.532, 32.661182, 32.073595, 31.425656 ] }, { "date": "2025-09-12", "close": 32.235001, "volume": 39466, "typical_volume": 30970.2, "trend": 30.71, "fair_value": 22.929859, "relative_strength": 1.202294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.345266, "energy": 22.467732, "activity_lines": [ 32.320334, 32.595818, 32.138262, 31.53229 ] }, { "date": "2025-09-19", "close": 31.879999, "volume": 17017, "typical_volume": 28536.4, "trend": 30.8115, "fair_value": 23.047, "relative_strength": 0.580409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.086133, "energy": 23.076116, "activity_lines": [ 32.108, 32.459182, 32.159, 31.607774 ] }, { "date": "2025-09-26", "close": 32.244999, "volume": 33951, "typical_volume": 28063.2, "trend": 30.938833, "fair_value": 23.171763, "relative_strength": 0.834408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.881462, "energy": 18.967305, "activity_lines": [ 32.12, 32.386091, 32.207833, 31.700258 ] }, { "date": "2025-10-03", "close": 32.689999, "volume": 29361, "typical_volume": 28011.95, "trend": 31.066, "fair_value": 23.29766, "relative_strength": 0.651254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.496596, "energy": 20.210018, "activity_lines": [ 32.319666, 32.405363, 32.292833, 31.813236 ] }, { "date": "2025-10-10", "close": 32.509998, "volume": 77568, "typical_volume": 31265.8, "trend": 31.156167, "fair_value": 23.424506, "relative_strength": 2.805899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.264208, "energy": 24.102647, "activity_lines": [ 32.402665, 32.396727, 32.352952, 31.906398 ] }, { "date": "2025-10-17", "close": 33.014999, "volume": 92846, "typical_volume": 35277.45, "trend": 31.265333, "fair_value": 23.550064, "relative_strength": 4.841711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.388713, "energy": 34.655383, "activity_lines": [ 32.636999, 32.473817, 32.450404, 32.026322 ] }, { "date": "2025-10-24", "close": 34.32, "volume": 46736, "typical_volume": 35544.85, "trend": 31.407667, "fair_value": 23.679769, "relative_strength": 6.757204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.240279, "energy": 62.272259, "activity_lines": [ 33.254332, 32.80609, 32.661071, 32.223398 ] }, { "date": "2025-10-31", "close": 34.400002, "volume": 19154, "typical_volume": 35647.35, "trend": 31.665333, "fair_value": 23.803615, "relative_strength": 4.967897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.275412, "energy": 74.375718, "activity_lines": [ 33.735667, 33.136545, 32.858833, 32.416451 ] }, { "date": "2025-11-07", "close": 34.32, "volume": 13070, "typical_volume": 35276.4, "trend": 31.902833, "fair_value": 23.92191, "relative_strength": 5.1341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.695258, "energy": 79.422603, "activity_lines": [ 34.046667, 33.424, 33.027643, 32.58772 ] }, { "date": "2025-11-14", "close": 34.889999, "volume": 40957, "typical_volume": 35571.25, "trend": 32.120833, "fair_value": 24.044628, "relative_strength": 3.998018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.642378, "energy": 83.653235, "activity_lines": [ 34.439, 33.77, 33.232214, 32.780441 ] }, { "date": "2025-11-21", "close": 34.195, "volume": 16414, "typical_volume": 35437.45, "trend": 32.257, "fair_value": 24.16057, "relative_strength": 4.857943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.81514, "energy": 73.842789, "activity_lines": [ 34.441, 33.941727, 33.353404, 32.914258 ] }, { "date": "2025-11-28", "close": 35.125, "volume": 9536, "typical_volume": 35419.5, "trend": 32.411833, "fair_value": 24.283397, "relative_strength": 5.715324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.436127, "energy": 73.038583, "activity_lines": [ 34.674333, 34.246909, 33.552071, 33.09929 ] }, { "date": "2025-12-05", "close": 34.610001, "volume": 26413, "typical_volume": 35581.55, "trend": 32.534167, "fair_value": 24.404846, "relative_strength": 3.761581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.795117, "energy": 55.369379, "activity_lines": [ 34.682334, 34.399455, 33.6855, 33.241107 ] }, { "date": "2025-12-12", "close": 35.634998, "volume": 20769, "typical_volume": 35845.15, "trend": 32.6865, "fair_value": 24.531494, "relative_strength": 6.332562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.808991, "energy": 58.85992, "activity_lines": [ 35.018, 34.695363, 33.908285, 33.441161 ] }, { "date": "2025-12-19", "close": 36.605, "volume": 17044, "typical_volume": 35030.25, "trend": 32.898333, "fair_value": 24.661872, "relative_strength": 5.908388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.181671, "energy": 81.059493, "activity_lines": [ 35.589333, 35.114091, 34.21069, 33.693967 ] }, { "date": "2025-12-26", "close": 36.605, "volume": 9836, "typical_volume": 33271.65, "trend": 33.0955, "fair_value": 24.791904, "relative_strength": 5.956164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.347851, "energy": 85.105079, "activity_lines": [ 36.046333, 35.458363, 34.492, 33.933107 ] }, { "date": "2026-01-02", "close": 37.900002, "volume": 60878, "typical_volume": 35707.85, "trend": 33.3585, "fair_value": 24.926429, "relative_strength": 7.519585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.199493, "energy": 94.183038, "activity_lines": [ 36.774334, 35.972818, 34.884238, 34.243075 ] }, { "date": "2026-01-09", "close": 38.215, "volume": 56086, "typical_volume": 35768.5, "trend": 33.635, "fair_value": 25.060744, "relative_strength": 7.245915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.679392, "energy": 93.442877, "activity_lines": [ 37.422334, 36.479455, 35.285143, 34.556398 ] }, { "date": "2026-01-16", "close": 38.595001, "volume": 64409, "typical_volume": 37746.8, "trend": 33.907167, "fair_value": 25.199058, "relative_strength": 7.745296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.689185, "energy": 93.226417, "activity_lines": [ 37.956667, 36.985819, 35.696619, 34.876398 ] }, { "date": "2026-01-23", "close": 38.790001, "volume": 43798, "typical_volume": 36765.45, "trend": 34.1575, "fair_value": 25.335417, "relative_strength": 10.2566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.156763, "energy": 90.959004, "activity_lines": [ 38.358668, 37.44991, 36.0945, 35.191419 ] }, { "date": "2026-01-30", "close": 39.52, "volume": 67361, "typical_volume": 38160.2, "trend": 34.412667, "fair_value": 25.477083, "relative_strength": 10.255971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.828378, "energy": 88.616355, "activity_lines": [ 38.858334, 37.975819, 36.530786, 35.537387 ] }, { "date": "2026-02-06", "close": 40.064999, "volume": 84006, "typical_volume": 41509.65, "trend": 34.690667, "fair_value": 25.62491, "relative_strength": 10.558481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.804214, "energy": 76.758749, "activity_lines": [ 39.345333, 38.504, 36.984286, 35.902054 ] }, { "date": "2026-02-13", "close": 39.275002, "volume": 62169, "typical_volume": 42920.55, "trend": 34.904, "fair_value": 25.766981, "relative_strength": 9.132414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.493473, "energy": 66.54788, "activity_lines": [ 39.424667, 38.798728, 37.323572, 36.197817 ] }, { "date": "2026-02-20", "close": 39.395, "volume": 41376, "typical_volume": 43521.3, "trend": 35.118667, "fair_value": 25.910513, "relative_strength": 6.759541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.727632, "energy": 65.166265, "activity_lines": [ 39.473334, 39.030455, 37.64081, 36.487559 ] }, { "date": "2026-02-27", "close": 39.91, "volume": 31461, "typical_volume": 41215.95, "trend": 35.3765, "fair_value": 26.055397, "relative_strength": 6.183817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.561064, "energy": 65.712866, "activity_lines": [ 39.640334, 39.287455, 37.975167, 36.796678 ] }, { "date": "2026-03-06", "close": 37.82, "volume": 40266, "typical_volume": 38586.95, "trend": 35.503833, "fair_value": 26.189628, "relative_strength": 7.31147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.505258, "energy": 43.497917, "activity_lines": [ 39.036, 39.104364, 38.075238, 36.954323 ] }, { "date": "2026-03-13", "close": 37.224998, "volume": 31353, "typical_volume": 37817.8, "trend": 35.630667, "fair_value": 26.328199, "relative_strength": 5.055507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.006284, "energy": 27.828156, "activity_lines": [ 38.346666, 38.791, 38.095762, 37.065366 ] }, { "date": "2026-03-20", "close": 37.110001, "volume": 16079, "typical_volume": 37664.05, "trend": 35.773167, "fair_value": 26.465186, "relative_strength": 8.067987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.366317, "energy": 23.482848, "activity_lines": [ 37.808333, 38.469, 38.0915, 37.160807 ] }, { "date": "2026-03-27", "close": 37.119999, "volume": 32310, "typical_volume": 38626.05, "trend": 35.949167, "fair_value": 26.597045, "relative_strength": 6.551914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.452834, "energy": 23.865309, "activity_lines": [ 37.417666, 38.168909, 38.075286, 37.247699 ] }, { "date": "2026-04-03", "close": 38.970001, "volume": 36566, "typical_volume": 38406.5, "trend": 36.173, "fair_value": 26.738891, "relative_strength": 6.141044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.096735, "energy": 23.35831, "activity_lines": [ 37.795333, 38.232, 38.221929, 37.442591 ] }, { "date": "2026-04-10", "close": 41.59, "volume": 49899, "typical_volume": 40080.75, "trend": 36.484833, "fair_value": 26.892929, "relative_strength": 8.363846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.530986, "energy": 38.931378, "activity_lines": [ 39.109, 38.768182, 38.598667, 37.792075 ] }, { "date": "2026-04-17", "close": 43.759998, "volume": 38399, "typical_volume": 41523.9, "trend": 36.880833, "fair_value": 27.058519, "relative_strength": 10.793918, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 82.364715, "energy": 75.396852, "activity_lines": [ 40.894666, 39.661272, 39.146857, 38.261441 ] }, { "date": "2026-04-24", "close": 41.705002, "volume": 34996, "typical_volume": 41953.05, "trend": 37.196167, "fair_value": 27.209154, "relative_strength": 8.101315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.598436, "energy": 76.469582, "activity_lines": [ 41.559667, 40.113545, 39.458214, 38.572678 ] }, { "date": "2026-05-01", "close": 41.040001, "volume": 17851, "typical_volume": 41807.15, "trend": 37.4745, "fair_value": 27.354051, "relative_strength": 4.93861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.370912, "energy": 76.733712, "activity_lines": [ 41.696667, 40.400727, 39.672453, 38.820667 ] }, { "date": "2026-05-08", "close": 41.955002, "volume": 72116, "typical_volume": 44560.75, "trend": 37.789334, "fair_value": 27.503224, "relative_strength": 4.843573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.297898, "energy": 74.330826, "activity_lines": [ 41.877334, 40.824364, 39.948096, 39.109731 ] }, { "date": "2026-05-15", "close": 41.915001, "volume": 32351, "typical_volume": 45686.5, "trend": 38.086, "fair_value": 27.652641, "relative_strength": 4.892819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.476907, "energy": 48.616958, "activity_lines": [ 41.845668, 41.203546, 40.194453, 39.375904 ] }, { "date": "2026-05-22", "close": 42.654999, "volume": 57305, "typical_volume": 45507.85, "trend": 38.363834, "fair_value": 27.805994, "relative_strength": 5.655265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.466586, "energy": 48.799252, "activity_lines": [ 42.039001, 41.642819, 40.486, 39.670678 ] }, { "date": "2026-05-29", "close": 43.509998, "volume": 63830, "typical_volume": 45895.05, "trend": 38.6675, "fair_value": 27.962186, "relative_strength": 6.379289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.35643, "energy": 53.568656, "activity_lines": [ 42.591, 42.138818, 40.836333, 40.002688 ] }, { "date": "2026-06-05", "close": 42.625, "volume": 17165, "typical_volume": 43532.85, "trend": 38.944333, "fair_value": 28.109423, "relative_strength": 4.233803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.508277, "energy": 50.207546, "activity_lines": [ 42.727666, 42.357545, 41.077167, 40.258011 ] }, { "date": "2026-06-12", "close": 44.215, "volume": 9723, "typical_volume": 41829.1, "trend": 39.255167, "fair_value": 28.264712, "relative_strength": 4.509121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.565888, "energy": 70.256145, "activity_lines": [ 43.288666, 42.765273, 41.450238, 40.598054 ] }, { "date": "2026-06-19", "close": 43.884998, "volume": 2151, "typical_volume": 38568.6, "trend": 39.578167, "fair_value": 28.420295, "relative_strength": 0.946172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.022228, "energy": 72.494954, "activity_lines": [ 43.588999, 43.017636, 41.766047, 40.896753 ] }, { "date": "2026-06-26", "close": 43.115002, "volume": 5423, "typical_volume": 34639.45, "trend": 39.8445, "fair_value": 28.569712, "relative_strength": 2.110555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.765177, "energy": 59.14092, "activity_lines": [ 43.501333, 43.088273, 41.987738, 41.124936 ] }, { "date": "2026-07-03", "close": 44.27, "volume": 2029, "typical_volume": 31632.45, "trend": 40.1665, "fair_value": 28.729596, "relative_strength": 1.680743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.447252, "energy": 64.028047, "activity_lines": [ 43.768, 43.380636, 42.304905, 41.410452 ] }, { "date": "2026-07-10", "close": 44.845001, "volume": 38885, "typical_volume": 31507.9, "trend": 40.4735, "fair_value": 28.887705, "relative_strength": 3.256383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.840812, "energy": 66.752255, "activity_lines": [ 44.175667, 43.730909, 42.653048, 41.71229 ] }, { "date": "2026-07-17", "close": 44.314999, "volume": 21406, "typical_volume": 31005.15, "trend": 40.7305, "fair_value": 29.041103, "relative_strength": 3.38261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.897206, "energy": 58.078081, "activity_lines": [ 44.258667, 43.915636, 42.924762, 41.960129 ] }, { "date": "2026-07-24", "close": 45.52, "volume": 53802, "typical_volume": 31681.95, "trend": 41.027667, "fair_value": 29.198955, "relative_strength": 6.18588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.334854, "energy": 79.299406, "activity_lines": [ 44.736667, 44.276545, 43.290262, 42.269129 ] }, { "date": "2026-07-31", "close": 46.294998, "volume": 43704, "typical_volume": 32299.5, "trend": 41.3075, "fair_value": 29.363571, "relative_strength": 7.02233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.802121, "energy": 84.813224, "activity_lines": [ 45.363999, 44.712818, 43.692905, 42.608957 ] }, { "date": "2026-08-07", "close": 47.459999, "volume": 52140, "typical_volume": 34102.55, "trend": 41.615667, "fair_value": 29.536327, "relative_strength": 6.397378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.015458, "energy": 92.50688, "activity_lines": [ 46.167666, 45.294727, 44.163309, 43.005892 ] } ], "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." } } }