{ "ticker": { "uuid": "437d9642-0c22-40a1-938b-69d0a224920b", "symbol": "BILB34", "name": "Banco Bilbao Vizcaya Argentaria, S.A.", "exchange": "SAO", "country": "BR", "assetType": "equity" }, "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": "^BVSP", "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": "Early expansion", "architecture_gate": "up", "architecture_direction": 91.392, "architecture_energy": 95.475, "architecture_maturity": 20.747, "architecture_confidence": 79.156, "architecture_tenure": "New", "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": 8.86, "rotation_up": 88.21, "upward_expansion": 99.79, "deceleration": 39.07, "rotation_down": 8.84, "downward_expansion": 21.79 }, "activity_lines": [ 138.428664, 133.723816, 126.097678, 122.191282 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 144.619995, "trend_reference": 119.585747, "distance_from_trend": 0.209341, "trend_direction": "Improving", "fair_value": 74.788251, "distance_from_fair_value": 0.933726, "fair_value_direction": "Improving", "relative_strength": 22.063009, "relative_strength_direction": "Improving", "price_momentum": 0.187702, "excess_performance": 0.24475, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.209341, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035985, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.933726, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.298681, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.22063, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.316416, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.187702, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 12.173077, "read": "Demand-led" } ], "volume": { "latest": 93, "relative_activity": 0.417508, "balance": 12.173077, "dry_up": 0.501684, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.0381, "annualized_volatility": 0.278691, "from_high_reference": -0.011483, "from_low_reference": 0.548262 }, "levels": { "trend_reference": 119.585747, "fair_value_reference": 74.788251, "structural_low": 102.849998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.03152, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": 0.020558, "regime_survival": 0.785714, "best_return": 0.228235, "worst_return": -0.15715, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 16, "median_return": 0.094789, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.095973, "regime_survival": 0.75, "best_return": 0.340897, "worst_return": -0.101134, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.226681, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.157893, "regime_survival": 0.5, "best_return": 0.566637, "worst_return": -0.038369, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.683578, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.566334, "regime_survival": 0.75, "best_return": 0.80682, "worst_return": -0.283957, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-11-08", "tenure": "Established", "return": -0.061989, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-12-13", "tenure": "Developing", "return": 0.129347, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-04-11", "tenure": "Established", "return": 0.31778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": 0.022485, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-02", "end": "2025-06-27", "tenure": "Developing", "return": 0.068607, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": -0.006566, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2026-02-13", "tenure": "Extended", "return": 0.295392, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.106409, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.127316, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.02859, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": 0.045503, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": 0.12653, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-24", "tenure": "Developing", "return": 0.040984, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.025819, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 33.572086, "volume": 46, "typical_volume": 249.15, "trend": 31.292683, "fair_value": 23.475009, "relative_strength": 15.862689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.551382, "energy": 55.124066, "activity_lines": [ 33.187875, 32.870156, 31.974738, 31.613928 ] }, { "date": "2023-08-25", "close": 32.860371, "volume": 11, "typical_volume": 158.7, "trend": 31.416312, "fair_value": 23.598859, "relative_strength": 12.057321, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.9768, "energy": 40.953093, "activity_lines": [ 33.108024, 32.94401, 32.100341, 31.715069 ] }, { "date": "2023-09-01", "close": 34.266441, "volume": 5, "typical_volume": 153.35, "trend": 31.499774, "fair_value": 23.742018, "relative_strength": 13.836493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.805104, "energy": 52.270548, "activity_lines": [ 33.50265, 33.244161, 32.352583, 31.898948 ] }, { "date": "2023-09-08", "close": 32.426399, "volume": 3, "typical_volume": 148.3, "trend": 31.539529, "fair_value": 23.875573, "relative_strength": 9.304605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.142402, "energy": 37.526989, "activity_lines": [ 33.22838, 33.137166, 32.411892, 31.95873 ] }, { "date": "2023-09-15", "close": 32.843014, "volume": 8, "typical_volume": 136.15, "trend": 31.570586, "fair_value": 24.0118, "relative_strength": 6.817126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.282859, "energy": 28.511733, "activity_lines": [ 33.067521, 33.109708, 32.510838, 32.042826 ] }, { "date": "2023-09-22", "close": 34.058136, "volume": 395, "typical_volume": 97.6, "trend": 31.641596, "fair_value": 24.164347, "relative_strength": 12.476134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.626033, "energy": 39.525062, "activity_lines": [ 33.355679, 33.280457, 32.726998, 32.203313 ] }, { "date": "2023-09-29", "close": 34.960796, "volume": 375, "typical_volume": 115.4, "trend": 31.683753, "fair_value": 24.32268, "relative_strength": 13.865489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.715499, "energy": 45.829614, "activity_lines": [ 33.91232, 33.601438, 33.00941, 32.417455 ] }, { "date": "2023-10-06", "close": 36.188091, "volume": 31, "typical_volume": 110.35, "trend": 31.829067, "fair_value": 24.488881, "relative_strength": 19.014202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.396107, "energy": 77.873348, "activity_lines": [ 34.738032, 34.108953, 33.386183, 32.708057 ] }, { "date": "2023-10-13", "close": 36.188091, "volume": 11, "typical_volume": 110.75, "trend": 32.081798, "fair_value": 24.648695, "relative_strength": 16.20259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.945056, "energy": 87.334131, "activity_lines": [ 35.435633, 34.566379, 33.732974, 32.989285 ] }, { "date": "2023-10-20", "close": 35.623207, "volume": 6, "typical_volume": 110.1, "trend": 32.32479, "fair_value": 24.798691, "relative_strength": 15.863803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.408918, "energy": 83.053507, "activity_lines": [ 35.69416, 34.84576, 33.997142, 33.217763 ] }, { "date": "2023-10-27", "close": 34.422825, "volume": 3, "typical_volume": 100.25, "trend": 32.488932, "fair_value": 24.943138, "relative_strength": 10.874745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.778383, "energy": 73.307157, "activity_lines": [ 35.367214, 34.868335, 34.114241, 33.35312 ] }, { "date": "2023-11-03", "close": 34.846489, "volume": 1, "typical_volume": 99.75, "trend": 32.606056, "fair_value": 25.088823, "relative_strength": 6.750421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.873559, "energy": 49.70413, "activity_lines": [ 35.157176, 34.952472, 34.250197, 33.50522 ] }, { "date": "2023-11-10", "close": 37.000118, "volume": 21, "typical_volume": 78.45, "trend": 32.821005, "fair_value": 25.232966, "relative_strength": 10.210204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.049902, "energy": 57.011667, "activity_lines": [ 35.672635, 35.392066, 34.574115, 33.788708 ] }, { "date": "2023-11-17", "close": 38.871307, "volume": 2, "typical_volume": 75.35, "trend": 33.036124, "fair_value": 25.376235, "relative_strength": 10.892013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.903941, "energy": 69.761714, "activity_lines": [ 36.757689, 36.122174, 35.044212, 34.17905 ] }, { "date": "2023-11-24", "close": 39.436195, "volume": 232, "typical_volume": 86.55, "trend": 33.245482, "fair_value": 25.514927, "relative_strength": 11.48705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.27688, "energy": 93.849398, "activity_lines": [ 37.852157, 36.837808, 35.538409, 34.591958 ] }, { "date": "2023-12-01", "close": 40.115826, "volume": 4, "typical_volume": 75.75, "trend": 33.585408, "fair_value": 25.648729, "relative_strength": 10.464449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.038224, "energy": 95.070416, "activity_lines": [ 38.91897, 37.557135, 36.059986, 35.035206 ] }, { "date": "2023-12-08", "close": 39.471504, "volume": 17, "typical_volume": 73.5, "trend": 33.893442, "fair_value": 25.786266, "relative_strength": 8.957288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.022577, "energy": 89.134257, "activity_lines": [ 39.391476, 38.049173, 36.487715, 35.414954 ] }, { "date": "2023-12-15", "close": 39.939304, "volume": 213, "typical_volume": 83.65, "trend": 34.228352, "fair_value": 25.92213, "relative_strength": 7.146215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.200561, "energy": 90.183634, "activity_lines": [ 39.711581, 38.544253, 36.928928, 35.80501 ] }, { "date": "2023-12-22", "close": 38.588867, "volume": 33, "typical_volume": 85.15, "trend": 34.510146, "fair_value": 26.050719, "relative_strength": 1.167196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.790642, "energy": 75.842251, "activity_lines": [ 39.385594, 38.725595, 37.210547, 36.086333 ] }, { "date": "2023-12-29", "close": 38.553558, "volume": 15, "typical_volume": 71.6, "trend": 34.837055, "fair_value": 26.179082, "relative_strength": -0.347612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.215634, "energy": 63.758694, "activity_lines": [ 39.066667, 38.856867, 37.45764, 36.347199 ] }, { "date": "2024-01-05", "close": 39.100796, "volume": 11, "typical_volume": 69.85, "trend": 35.143436, "fair_value": 26.294319, "relative_strength": 2.486324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.503856, "energy": 58.049239, "activity_lines": [ 38.988995, 39.034357, 37.732799, 36.622279 ] }, { "date": "2024-01-12", "close": 39.762772, "volume": 187, "typical_volume": 78.65, "trend": 35.427328, "fair_value": 26.422903, "relative_strength": 4.750575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.131526, "energy": 56.392854, "activity_lines": [ 39.19965, 39.247152, 38.044675, 36.9203 ] }, { "date": "2024-01-19", "close": 38.129898, "volume": 6, "typical_volume": 78.7, "trend": 35.689195, "fair_value": 26.542783, "relative_strength": 2.811784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.829347, "energy": 42.98366, "activity_lines": [ 38.846597, 39.073675, 38.168172, 37.09466 ] }, { "date": "2024-01-26", "close": 37.84745, "volume": 24, "typical_volume": 79.75, "trend": 35.862953, "fair_value": 26.666239, "relative_strength": 0.767937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.449772, "energy": 35.816306, "activity_lines": [ 38.520021, 38.828302, 38.246371, 37.233902 ] }, { "date": "2024-02-02", "close": 42.190022, "volume": 28, "typical_volume": 80.75, "trend": 36.216181, "fair_value": 26.803233, "relative_strength": 13.614194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 85.804479, "energy": 57.558519, "activity_lines": [ 39.690396, 39.391103, 38.712334, 37.6421 ] }, { "date": "2024-02-09", "close": 43.249187, "volume": 18, "typical_volume": 61.9, "trend": 36.548009, "fair_value": 26.944919, "relative_strength": 15.326331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.866046, "energy": 71.291506, "activity_lines": [ 40.971396, 40.096409, 39.23466, 38.095842 ] }, { "date": "2024-02-16", "close": 43.116791, "volume": 1004, "typical_volume": 93.35, "trend": 36.886997, "fair_value": 27.081181, "relative_strength": 14.026197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.656119, "energy": 93.218441, "activity_lines": [ 41.931704, 40.720674, 39.70061, 38.519635 ] }, { "date": "2024-02-23", "close": 43.734638, "volume": 8, "typical_volume": 92.2, "trend": 37.230378, "fair_value": 27.218544, "relative_strength": 14.767608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.728019, "energy": 93.209238, "activity_lines": [ 42.874361, 41.390996, 40.186564, 38.961418 ] }, { "date": "2024-03-01", "close": 43.867031, "volume": 36, "typical_volume": 93.45, "trend": 37.624462, "fair_value": 27.346079, "relative_strength": 15.213921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.190105, "energy": 90.815095, "activity_lines": [ 43.487498, 42.016384, 40.649192, 39.389589 ] }, { "date": "2024-03-08", "close": 47.706497, "volume": 7, "typical_volume": 93.5, "trend": 38.097924, "fair_value": 27.495652, "relative_strength": 26.812824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.772513, "energy": 98.122145, "activity_lines": [ 44.979153, 43.24389, 41.440916, 40.040043 ] }, { "date": "2024-03-15", "close": 50.204365, "volume": 81, "typical_volume": 97.4, "trend": 38.652333, "fair_value": 27.664287, "relative_strength": 32.801718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.506814, "energy": 98.351755, "activity_lines": [ 46.935665, 44.759137, 42.412994, 40.821104 ] }, { "date": "2024-03-22", "close": 51.263523, "volume": 52, "typical_volume": 99.95, "trend": 39.265771, "fair_value": 27.858491, "relative_strength": 34.287313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.867092, "energy": 97.877357, "activity_lines": [ 48.781551, 46.265075, 43.410793, 41.634729 ] }, { "date": "2024-03-29", "close": 52.693398, "volume": 98, "typical_volume": 103.8, "trend": 39.880003, "fair_value": 28.053854, "relative_strength": 35.811881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.422901, "energy": 97.201142, "activity_lines": [ 50.560947, 47.821885, 44.466594, 42.501027 ] }, { "date": "2024-04-05", "close": 53.134716, "volume": 207, "typical_volume": 114.05, "trend": 40.57028, "fair_value": 28.252045, "relative_strength": 37.42045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.299805, "energy": 94.051115, "activity_lines": [ 51.890198, 49.194144, 45.489696, 43.35617 ] }, { "date": "2024-04-12", "close": 49.075085, "volume": 160, "typical_volume": 110.45, "trend": 41.111349, "fair_value": 28.426502, "relative_strength": 26.958611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.350027, "energy": 68.349697, "activity_lines": [ 51.248393, 49.550339, 46.058246, 43.904867 ] }, { "date": "2024-04-19", "close": 52.183174, "volume": 52, "typical_volume": 112.85, "trend": 41.715517, "fair_value": 28.623264, "relative_strength": 34.985933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.389448, "energy": 69.551556, "activity_lines": [ 51.551378, 50.346457, 46.876904, 44.619179 ] }, { "date": "2024-04-26", "close": 53.928066, "volume": 174, "typical_volume": 120.7, "trend": 42.34776, "fair_value": 28.82168, "relative_strength": 37.026388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.094504, "energy": 71.043714, "activity_lines": [ 52.304074, 51.297392, 47.804279, 45.407085 ] }, { "date": "2024-05-03", "close": 48.847881, "volume": 650, "typical_volume": 142.55, "trend": 42.769753, "fair_value": 28.986565, "relative_strength": 21.484964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.633699, "energy": 56.554748, "activity_lines": [ 51.185738, 51.128089, 48.178986, 45.826448 ] }, { "date": "2024-05-10", "close": 48.666126, "volume": 293, "typical_volume": 155.55, "trend": 43.185687, "fair_value": 29.141302, "relative_strength": 21.130699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.851584, "energy": 45.233059, "activity_lines": [ 50.263186, 50.832771, 48.493961, 46.206859 ] }, { "date": "2024-05-17", "close": 50.76545, "volume": 2083, "typical_volume": 258.95, "trend": 43.690429, "fair_value": 29.311236, "relative_strength": 24.850181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.69164, "energy": 37.410037, "activity_lines": [ 50.338314, 50.831892, 48.960885, 46.695876 ] }, { "date": "2024-05-24", "close": 50.76545, "volume": 27, "typical_volume": 259.75, "trend": 44.235183, "fair_value": 29.476437, "relative_strength": 27.654558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.480241, "energy": 27.733621, "activity_lines": [ 50.30075, 50.775396, 49.369657, 47.152329 ] }, { "date": "2024-05-31", "close": 51.474312, "volume": 108, "typical_volume": 255.8, "trend": 44.789444, "fair_value": 29.65188, "relative_strength": 30.474343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.074726, "energy": 33.099052, "activity_lines": [ 50.59399, 50.837583, 49.790394, 47.619369 ] }, { "date": "2024-06-07", "close": 50.492813, "volume": 35, "typical_volume": 257.25, "trend": 45.2392, "fair_value": 29.818811, "relative_strength": 28.157532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.244042, "energy": 36.361398, "activity_lines": [ 50.723646, 50.717482, 50.061885, 47.987329 ] }, { "date": "2024-06-14", "close": 46.530449, "volume": 40, "typical_volume": 258.05, "trend": 45.494505, "fair_value": 29.966715, "relative_strength": 18.314144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.496284, "energy": 13.823158, "activity_lines": [ 49.422852, 49.916963, 49.897138, 48.070635 ] }, { "date": "2024-06-21", "close": 47.711891, "volume": 1, "typical_volume": 256.7, "trend": 45.770361, "fair_value": 30.12002, "relative_strength": 18.676026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.745267, "energy": 12.729869, "activity_lines": [ 48.658251, 49.451328, 49.803561, 48.213692 ] }, { "date": "2024-06-28", "close": 49.511311, "volume": 26, "typical_volume": 257.1, "trend": 46.083544, "fair_value": 30.28486, "relative_strength": 19.745022, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.661197, "energy": 15.29937, "activity_lines": [ 48.697027, 49.337646, 49.855063, 48.455044 ] }, { "date": "2024-07-05", "close": 51.910534, "volume": 2005, "typical_volume": 307.15, "trend": 46.498179, "fair_value": 30.465707, "relative_strength": 22.177311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.777776, "energy": 18.274683, "activity_lines": [ 49.619153, 49.708766, 50.105242, 48.830979 ] }, { "date": "2024-07-12", "close": 51.092617, "volume": 11, "typical_volume": 307.3, "trend": 46.869956, "fair_value": 30.645946, "relative_strength": 17.039216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.81613, "energy": 24.541278, "activity_lines": [ 50.239559, 49.967856, 50.23565, 49.127394 ] }, { "date": "2024-07-19", "close": 55.127674, "volume": 91, "typical_volume": 310.05, "trend": 47.421249, "fair_value": 30.843746, "relative_strength": 26.416481, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.804565, "energy": 66.417021, "activity_lines": [ 52.164997, 50.919779, 50.715311, 49.66015 ] }, { "date": "2024-07-26", "close": 56.436344, "volume": 3103, "typical_volume": 464.85, "trend": 48.017342, "fair_value": 31.046024, "relative_strength": 28.35515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.222451, "energy": 82.079268, "activity_lines": [ 53.95351, 51.99216, 51.265985, 50.241769 ] }, { "date": "2024-08-02", "close": 50.710922, "volume": 124, "typical_volume": 467.0, "trend": 48.404346, "fair_value": 31.199576, "relative_strength": 15.963062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.541573, "energy": 68.066671, "activity_lines": [ 53.251918, 51.920448, 51.22981, 50.415548 ] }, { "date": "2024-08-09", "close": 48.847881, "volume": 278, "typical_volume": 478.3, "trend": 48.707183, "fair_value": 31.336744, "relative_strength": 7.096365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.86912, "energy": 38.774238, "activity_lines": [ 51.849339, 51.510992, 51.01379, 50.444164 ] }, { "date": "2024-08-16", "close": 50.547337, "volume": 109, "typical_volume": 478.85, "trend": 49.121098, "fair_value": 31.484805, "relative_strength": 7.548679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.540907, "energy": 17.453582, "activity_lines": [ 51.217422, 51.458282, 50.971127, 50.562883 ] }, { "date": "2024-08-23", "close": 52.837509, "volume": 582, "typical_volume": 497.6, "trend": 49.620766, "fair_value": 31.655321, "relative_strength": 10.408226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.087719, "energy": 24.152298, "activity_lines": [ 51.385248, 51.820975, 51.156794, 50.802652 ] }, { "date": "2024-08-30", "close": 54.473347, "volume": 31, "typical_volume": 491.15, "trend": 50.030211, "fair_value": 31.836324, "relative_strength": 12.819545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.470694, "energy": 24.41254, "activity_lines": [ 52.251031, 52.36642, 51.499671, 51.115721 ] }, { "date": "2024-09-06", "close": 50.165642, "volume": 25258, "typical_volume": 1751.45, "trend": 50.260759, "fair_value": 31.989713, "relative_strength": 4.485162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.472972, "energy": 15.468776, "activity_lines": [ 51.811779, 52.00571, 51.406584, 51.124459 ] }, { "date": "2024-09-13", "close": 52.237698, "volume": 1656, "typical_volume": 1825.55, "trend": 50.564789, "fair_value": 32.152762, "relative_strength": 7.906746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.706237, "energy": 26.761181, "activity_lines": [ 52.099564, 52.00984, 51.520443, 51.252003 ] }, { "date": "2024-09-20", "close": 54.909565, "volume": 156, "typical_volume": 1800.85, "trend": 50.937287, "fair_value": 32.346122, "relative_strength": 15.950406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.566568, "energy": 44.853656, "activity_lines": [ 53.051983, 52.493816, 51.896815, 51.532311 ] }, { "date": "2024-09-27", "close": 54.691452, "volume": 1811, "typical_volume": 1876.75, "trend": 51.298101, "fair_value": 32.525384, "relative_strength": 13.364559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.692782, "energy": 45.534683, "activity_lines": [ 53.640883, 52.868736, 52.223549, 51.774516 ] }, { "date": "2024-10-04", "close": 53.38279, "volume": 3114, "typical_volume": 1928.3, "trend": 51.487311, "fair_value": 32.693717, "relative_strength": 10.922546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.169707, "energy": 41.720575, "activity_lines": [ 53.669966, 53.013649, 52.396957, 51.909012 ] }, { "date": "2024-10-11", "close": 52.770226, "volume": 9816, "typical_volume": 2417.75, "trend": 51.572839, "fair_value": 32.852243, "relative_strength": 10.624372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.255962, "energy": 34.444931, "activity_lines": [ 53.567565, 53.102706, 52.499561, 51.99178 ] }, { "date": "2024-10-18", "close": 53.329235, "volume": 5188, "typical_volume": 2671.75, "trend": 51.641696, "fair_value": 33.011805, "relative_strength": 10.81695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.833378, "energy": 25.990217, "activity_lines": [ 53.477861, 53.255958, 52.645859, 52.105096 ] }, { "date": "2024-10-25", "close": 51.987621, "volume": 172, "typical_volume": 2678.6, "trend": 51.618171, "fair_value": 33.162815, "relative_strength": 7.990126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.699548, "energy": 13.809308, "activity_lines": [ 52.868184, 53.083802, 52.65555, 52.127414 ] }, { "date": "2024-11-01", "close": 55.33234, "volume": 7624, "typical_volume": 3057.8, "trend": 51.691425, "fair_value": 33.330121, "relative_strength": 15.705232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.427077, "energy": 26.49843, "activity_lines": [ 53.568209, 53.49359, 52.976668, 52.367038 ] }, { "date": "2024-11-08", "close": 52.937927, "volume": 351, "typical_volume": 3075.3, "trend": 51.820186, "fair_value": 33.485802, "relative_strength": 10.33962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.818886, "energy": 19.41141, "activity_lines": [ 53.42737, 53.422669, 53.027833, 52.447457 ] }, { "date": "2024-11-15", "close": 50.636684, "volume": 523, "typical_volume": 3100.15, "trend": 51.768636, "fair_value": 33.642118, "relative_strength": 5.114379, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.179666, "energy": 8.130196, "activity_lines": [ 52.549108, 52.961257, 52.834945, 52.371102 ] }, { "date": "2024-11-22", "close": 52.714325, "volume": 1612, "typical_volume": 3080.5, "trend": 51.728178, "fair_value": 33.814546, "relative_strength": 7.779306, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.847968, "energy": 10.345322, "activity_lines": [ 52.50563, 52.869034, 52.83457, 52.432114 ] }, { "date": "2024-11-29", "close": 54.167744, "volume": 5093, "typical_volume": 3334.6, "trend": 51.905507, "fair_value": 34.011335, "relative_strength": 13.12143, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.289666, "energy": 14.629679, "activity_lines": [ 52.987618, 53.032402, 52.968788, 52.589506 ] }, { "date": "2024-12-06", "close": 57.018681, "volume": 8103, "typical_volume": 3735.2, "trend": 52.183926, "fair_value": 34.222038, "relative_strength": 17.96603, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.335288, "energy": 28.065584, "activity_lines": [ 54.274577, 53.727611, 53.35988, 52.919388 ] }, { "date": "2024-12-13", "close": 57.186382, "volume": 1551, "typical_volume": 3657.6, "trend": 52.397957, "fair_value": 34.433816, "relative_strength": 18.674728, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.027976, "energy": 49.206537, "activity_lines": [ 55.505013, 54.410997, 53.757939, 53.242127 ] }, { "date": "2024-12-20", "close": 54.87582, "volume": 2509, "typical_volume": 3776.85, "trend": 52.534969, "fair_value": 34.630782, "relative_strength": 15.310457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.709086, "energy": 46.839536, "activity_lines": [ 55.682032, 54.605125, 53.932373, 53.401989 ] }, { "date": "2024-12-27", "close": 56.124268, "volume": 28, "typical_volume": 3764.35, "trend": 52.689968, "fair_value": 34.828548, "relative_strength": 18.681045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.629864, "energy": 49.431449, "activity_lines": [ 55.992591, 54.98796, 54.205873, 53.633557 ] }, { "date": "2025-01-03", "close": 54.223644, "volume": 176, "typical_volume": 3767.7, "trend": 52.814329, "fair_value": 35.011043, "relative_strength": 15.430709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.168675, "energy": 33.41084, "activity_lines": [ 55.44228, 54.974408, 54.263713, 53.732504 ] }, { "date": "2025-01-10", "close": 57.745388, "volume": 7075, "typical_volume": 4092.35, "trend": 53.18816, "fair_value": 35.216113, "relative_strength": 21.518819, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.593771, "energy": 32.076968, "activity_lines": [ 56.062156, 55.560518, 54.63945, 54.050637 ] }, { "date": "2025-01-17", "close": 59.96278, "volume": 103, "typical_volume": 4095.95, "trend": 53.596523, "fair_value": 35.435398, "relative_strength": 21.4636, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.843961, "energy": 48.925241, "activity_lines": [ 57.372716, 56.505917, 55.202997, 54.487709 ] }, { "date": "2025-01-24", "close": 60.978306, "volume": 2426, "typical_volume": 2954.35, "trend": 53.978756, "fair_value": 35.663299, "relative_strength": 22.231313, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.192694, "energy": 61.565544, "activity_lines": [ 58.836691, 57.508232, 55.83712, 54.963953 ] }, { "date": "2025-01-31", "close": 62.217442, "volume": 272, "typical_volume": 2885.15, "trend": 54.32232, "fair_value": 35.89292, "relative_strength": 20.152584, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.664477, "energy": 73.314934, "activity_lines": [ 60.30688, 58.547816, 56.537768, 55.495481 ] }, { "date": "2025-02-07", "close": 64.565269, "volume": 25608, "typical_volume": 4157.75, "trend": 54.771408, "fair_value": 36.137591, "relative_strength": 25.146566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.389231, "energy": 80.655486, "activity_lines": [ 62.153465, 59.841493, 57.414495, 56.156316 ] }, { "date": "2025-02-14", "close": 67.127388, "volume": 1034, "typical_volume": 4118.9, "trend": 55.171399, "fair_value": 36.404714, "relative_strength": 25.361354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.992292, "energy": 85.615544, "activity_lines": [ 64.164649, 61.411964, 58.489255, 56.953476 ] }, { "date": "2025-02-21", "close": 67.630486, "volume": 175, "typical_volume": 3971.95, "trend": 55.544537, "fair_value": 36.683441, "relative_strength": 26.256573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.463507, "energy": 83.529836, "activity_lines": [ 65.718065, 62.890112, 59.552709, 57.757289 ] }, { "date": "2025-02-28", "close": 71.319931, "volume": 113, "typical_volume": 3486.8, "trend": 56.231504, "fair_value": 37.009928, "relative_strength": 36.33705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.93454, "energy": 90.501652, "activity_lines": [ 67.990116, 64.849176, 60.899693, 58.775056 ] }, { "date": "2025-03-07", "close": 76.695709, "volume": 1684, "typical_volume": 3311.6, "trend": 57.159765, "fair_value": 37.380774, "relative_strength": 42.461261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.077204, "energy": 96.463143, "activity_lines": [ 71.364651, 67.486671, 62.670324, 60.095327 ] }, { "date": "2025-03-14", "close": 76.397568, "volume": 3951, "typical_volume": 3500.55, "trend": 58.021439, "fair_value": 37.749709, "relative_strength": 36.395684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.251559, "energy": 93.526381, "activity_lines": [ 73.674589, 69.695931, 64.301292, 61.336476 ] }, { "date": "2025-03-21", "close": 75.028008, "volume": 3661, "typical_volume": 3302.4, "trend": 58.761122, "fair_value": 38.109864, "relative_strength": 29.584257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.376806, "energy": 89.186098, "activity_lines": [ 74.739186, 71.253019, 65.685588, 62.433674 ] }, { "date": "2025-03-28", "close": 72.149124, "volume": 1756, "typical_volume": 3372.65, "trend": 59.350315, "fair_value": 38.451565, "relative_strength": 24.28933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.759739, "energy": 83.301666, "activity_lines": [ 74.317447, 71.972443, 66.701915, 63.297416 ] }, { "date": "2025-04-04", "close": 65.66465, "volume": 2507, "typical_volume": 3471.85, "trend": 59.866948, "fair_value": 38.745311, "relative_strength": 16.753974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.79173, "energy": 54.906098, "activity_lines": [ 71.432974, 71.291303, 67.009191, 63.704792 ] }, { "date": "2025-04-11", "close": 72.314278, "volume": 1414, "typical_volume": 3461.95, "trend": 60.536168, "fair_value": 39.081682, "relative_strength": 27.170421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.620468, "energy": 41.92253, "activity_lines": [ 71.142063, 71.733979, 67.878204, 64.507846 ] }, { "date": "2025-04-18", "close": 75.648903, "volume": 200, "typical_volume": 3217.3, "trend": 61.227479, "fair_value": 39.439429, "relative_strength": 30.080398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.078608, "energy": 43.452912, "activity_lines": [ 72.254789, 72.599372, 68.971467, 65.482861 ] }, { "date": "2025-04-25", "close": 77.349846, "volume": 232, "typical_volume": 2823.75, "trend": 61.982759, "fair_value": 39.80808, "relative_strength": 27.175572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.026052, "energy": 51.701953, "activity_lines": [ 73.984407, 73.572507, 70.124433, 66.523014 ] }, { "date": "2025-05-02", "close": 73.957565, "volume": 160, "typical_volume": 2754.2, "trend": 62.668585, "fair_value": 40.157049, "relative_strength": 20.385276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.170579, "energy": 50.648306, "activity_lines": [ 74.428475, 73.743001, 70.85751, 67.295582 ] }, { "date": "2025-05-09", "close": 78.800941, "volume": 79, "typical_volume": 2632.7, "trend": 63.536275, "fair_value": 40.537066, "relative_strength": 25.931047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.606567, "energy": 64.070864, "activity_lines": [ 76.366439, 74.67907, 71.971998, 68.336379 ] }, { "date": "2025-05-16", "close": 81.64547, "volume": 880, "typical_volume": 2675.3, "trend": 64.48015, "fair_value": 40.93351, "relative_strength": 26.954881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.183725, "energy": 76.864904, "activity_lines": [ 78.376827, 75.996309, 73.243464, 69.504714 ] }, { "date": "2025-05-23", "close": 83.28875, "volume": 1442, "typical_volume": 2738.6, "trend": 65.523521, "fair_value": 41.340489, "relative_strength": 29.732984, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.696435, "energy": 84.74458, "activity_lines": [ 80.312895, 77.522329, 74.549903, 70.718172 ] }, { "date": "2025-05-30", "close": 82.327759, "volume": 847, "typical_volume": 2427.2, "trend": 66.423368, "fair_value": 41.735684, "relative_strength": 28.034595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.580406, "energy": 84.323521, "activity_lines": [ 81.41931, 78.74833, 75.626415, 71.802317 ] }, { "date": "2025-06-06", "close": 81.16497, "volume": 1583, "typical_volume": 2501.2, "trend": 67.364269, "fair_value": 42.139161, "relative_strength": 26.16251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.284397, "energy": 79.501921, "activity_lines": [ 81.806268, 79.630193, 76.475125, 72.753388 ] }, { "date": "2025-06-13", "close": 79.954117, "volume": 502, "typical_volume": 2405.0, "trend": 68.341517, "fair_value": 42.537353, "relative_strength": 22.309467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.895819, "energy": 58.701486, "activity_lines": [ 81.309114, 80.127975, 77.107554, 73.565636 ] }, { "date": "2025-06-20", "close": 78.877823, "volume": 494, "typical_volume": 2416.1, "trend": 69.213634, "fair_value": 42.92524, "relative_strength": 19.867478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.128436, "energy": 47.906783, "activity_lines": [ 80.376317, 80.170259, 77.547117, 74.245398 ] }, { "date": "2025-06-27", "close": 79.031578, "volume": 154, "typical_volume": 1143.4, "trend": 70.042428, "fair_value": 43.309315, "relative_strength": 19.469082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.108321, "energy": 35.844296, "activity_lines": [ 79.679282, 80.121162, 77.921988, 74.878814 ] }, { "date": "2025-07-04", "close": 81.952972, "volume": 129, "typical_volume": 1098.15, "trend": 70.873571, "fair_value": 43.712993, "relative_strength": 19.050286, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.764671, "energy": 38.455767, "activity_lines": [ 80.239856, 80.541724, 78.506201, 75.647236 ] }, { "date": "2025-07-11", "close": 80.088661, "volume": 816, "typical_volume": 1130.2, "trend": 71.63698, "fair_value": 44.111274, "relative_strength": 19.953256, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.881548, "energy": 33.406566, "activity_lines": [ 80.203979, 80.539627, 78.842261, 76.241758 ] }, { "date": "2025-07-18", "close": 79.415977, "volume": 198, "typical_volume": 1134.45, "trend": 72.454986, "fair_value": 44.502095, "relative_strength": 20.673586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.961163, "energy": 32.011754, "activity_lines": [ 80.015628, 80.303749, 79.054933, 76.743628 ] }, { "date": "2025-07-25", "close": 81.414833, "volume": 492, "typical_volume": 1074.85, "trend": 73.298005, "fair_value": 44.908206, "relative_strength": 22.779783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.947115, "energy": 39.216821, "activity_lines": [ 80.529439, 80.420117, 79.419418, 77.321683 ] }, { "date": "2025-08-01", "close": 88.997017, "volume": 1067, "typical_volume": 930.65, "trend": 74.457117, "fair_value": 45.353891, "relative_strength": 33.920553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.756532, "energy": 58.759914, "activity_lines": [ 83.401509, 81.919258, 80.483545, 78.334523 ] }, { "date": "2025-08-08", "close": 96.387009, "volume": 182, "typical_volume": 756.7, "trend": 75.745171, "fair_value": 45.845762, "relative_strength": 39.538826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.285262, "energy": 92.613852, "activity_lines": [ 88.072548, 84.658246, 82.191482, 79.749354 ] }, { "date": "2025-08-15", "close": 99.846558, "volume": 2621, "typical_volume": 799.95, "trend": 77.07463, "fair_value": 46.359602, "relative_strength": 42.18364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.296542, "energy": 97.089045, "activity_lines": [ 92.934501, 87.770621, 84.127192, 81.304283 ] }, { "date": "2025-08-22", "close": 100.615349, "volume": 668, "typical_volume": 708.0, "trend": 78.395865, "fair_value": 46.878371, "relative_strength": 39.81581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.25234, "energy": 95.747449, "activity_lines": [ 96.735525, 90.683111, 86.004226, 82.823039 ] }, { "date": "2025-08-29", "close": 93.984535, "volume": 198, "typical_volume": 647.2, "trend": 79.454768, "fair_value": 47.354635, "relative_strength": 26.183454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.436289, "energy": 88.667771, "activity_lines": [ 96.912985, 92.01434, 87.083323, 83.828759 ] }, { "date": "2025-09-05", "close": 95.233818, "volume": 2558, "typical_volume": 765.1, "trend": 80.477053, "fair_value": 47.835192, "relative_strength": 25.41856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.803395, "energy": 85.986697, "activity_lines": [ 96.668893, 93.298043, 88.178207, 84.846762 ] }, { "date": "2025-09-12", "close": 98.212875, "volume": 526, "typical_volume": 779.8, "trend": 81.513236, "fair_value": 48.330718, "relative_strength": 28.272189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.808606, "energy": 68.147271, "activity_lines": [ 97.002034, 94.828807, 89.46355, 85.991009 ] }, { "date": "2025-09-19", "close": 98.885567, "volume": 69, "typical_volume": 775.25, "trend": 82.555072, "fair_value": 48.833032, "relative_strength": 24.814417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.236044, "energy": 65.890647, "activity_lines": [ 97.437681, 96.186245, 90.713611, 87.111805 ] }, { "date": "2025-09-26", "close": 98.597275, "volume": 169, "typical_volume": 779.75, "trend": 83.464317, "fair_value": 49.341032, "relative_strength": 23.644397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.256163, "energy": 64.451752, "activity_lines": [ 97.841296, 97.149503, 91.817511, 88.146785 ] }, { "date": "2025-10-03", "close": 98.885567, "volume": 494, "typical_volume": 760.45, "trend": 84.203979, "fair_value": 49.851871, "relative_strength": 23.85796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.197498, "energy": 63.817421, "activity_lines": [ 98.475547, 97.816427, 92.854598, 89.141705 ] }, { "date": "2025-10-10", "close": 97.617073, "volume": 196, "typical_volume": 698.15, "trend": 84.911296, "fair_value": 50.354313, "relative_strength": 24.088259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.800811, "energy": 59.339419, "activity_lines": [ 98.360231, 97.935066, 93.688781, 90.007066 ] }, { "date": "2025-10-17", "close": 100.951698, "volume": 275, "typical_volume": 669.55, "trend": 85.775419, "fair_value": 50.866373, "relative_strength": 24.628124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.080942, "energy": 58.497659, "activity_lines": [ 99.197573, 98.503273, 94.772318, 91.04193 ] }, { "date": "2025-10-24", "close": 101.855019, "volume": 310, "typical_volume": 605.9, "trend": 86.765615, "fair_value": 51.384223, "relative_strength": 22.124765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.685941, "energy": 58.242793, "activity_lines": [ 100.153434, 99.152725, 95.853199, 92.079324 ] }, { "date": "2025-10-31", "close": 103.382988, "volume": 671, "typical_volume": 614.35, "trend": 88.022893, "fair_value": 51.911868, "relative_strength": 20.114601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.007808, "energy": 63.236788, "activity_lines": [ 101.420655, 100.043472, 96.981077, 93.151412 ] }, { "date": "2025-11-07", "close": 105.070694, "volume": 56, "typical_volume": 592.45, "trend": 89.114774, "fair_value": 52.440798, "relative_strength": 17.439698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.666763, "energy": 72.967059, "activity_lines": [ 102.931397, 101.190755, 98.158124, 94.251271 ] }, { "date": "2025-11-14", "close": 110.114944, "volume": 482, "typical_volume": 608.85, "trend": 90.263642, "fair_value": 53.002062, "relative_strength": 19.020617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.648653, "energy": 90.032818, "activity_lines": [ 105.711213, 103.053607, 99.690847, 95.60612 ] }, { "date": "2025-11-21", "close": 107.217178, "volume": 95, "typical_volume": 607.15, "trend": 91.259219, "fair_value": 53.523458, "relative_strength": 17.019992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.095865, "energy": 82.772824, "activity_lines": [ 106.691916, 104.119027, 100.799576, 96.699897 ] }, { "date": "2025-11-28", "close": 112.710243, "volume": 411, "typical_volume": 586.9, "trend": 92.550975, "fair_value": 54.085681, "relative_strength": 18.619084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.557839, "energy": 89.923065, "activity_lines": [ 109.085942, 106.019471, 102.311148, 98.083834 ] }, { "date": "2025-12-05", "close": 115.793381, "volume": 123, "typical_volume": 583.15, "trend": 93.784057, "fair_value": 54.669203, "relative_strength": 22.07011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.079307, "energy": 91.688365, "activity_lines": [ 111.784, 108.229128, 103.961012, 99.583344 ] }, { "date": "2025-12-12", "close": 119.081421, "volume": 382, "typical_volume": 577.65, "trend": 95.031922, "fair_value": 55.273643, "relative_strength": 21.78886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.759645, "energy": 92.042766, "activity_lines": [ 114.750711, 110.723953, 105.750797, 101.215432 ] }, { "date": "2025-12-19", "close": 124.301292, "volume": 17, "typical_volume": 525.15, "trend": 96.399006, "fair_value": 55.9036, "relative_strength": 27.615323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.955777, "energy": 95.756495, "activity_lines": [ 118.52333, 113.800649, 107.858347, 103.103778 ] }, { "date": "2025-12-26", "close": 126.077026, "volume": 378, "typical_volume": 534.95, "trend": 97.857315, "fair_value": 56.545468, "relative_strength": 26.236553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.685279, "energy": 94.606532, "activity_lines": [ 121.942104, 116.715039, 109.9669, 105.018489 ] }, { "date": "2026-01-02", "close": 126.203865, "volume": 71, "typical_volume": 407.45, "trend": 99.358612, "fair_value": 57.171889, "relative_strength": 25.368777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.917286, "energy": 91.69633, "activity_lines": [ 124.145835, 119.195665, 111.946151, 106.847299 ] }, { "date": "2026-01-09", "close": 123.793938, "volume": 152, "typical_volume": 381.65, "trend": 100.819939, "fair_value": 57.779631, "relative_strength": 19.844405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.305748, "energy": 80.89598, "activity_lines": [ 124.646682, 120.795417, 113.570375, 108.423772 ] }, { "date": "2026-01-16", "close": 127.930801, "volume": 87, "typical_volume": 376.1, "trend": 102.455038, "fair_value": 58.413679, "relative_strength": 21.715169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.842784, "energy": 79.226444, "activity_lines": [ 125.993113, 122.776218, 115.478211, 110.17286 ] }, { "date": "2026-01-23", "close": 128.789398, "volume": 277, "typical_volume": 262.05, "trend": 104.113632, "fair_value": 59.052384, "relative_strength": 12.149635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.528052, "energy": 70.236713, "activity_lines": [ 127.035784, 124.497488, 117.30617, 111.87185 ] }, { "date": "2026-01-30", "close": 129.413834, "volume": 228, "typical_volume": 247.15, "trend": 105.695661, "fair_value": 59.678353, "relative_strength": 10.408359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.260078, "energy": 68.578885, "activity_lines": [ 127.987394, 125.992757, 119.03381, 113.504122 ] }, { "date": "2026-02-06", "close": 121.764534, "volume": 200, "typical_volume": 253.7, "trend": 107.084857, "fair_value": 60.258679, "relative_strength": 2.531973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.096393, "energy": 60.047612, "activity_lines": [ 126.166783, 125.693669, 119.884369, 114.540823 ] }, { "date": "2026-02-13", "close": 115.286034, "volume": 301, "typical_volume": 260.3, "trend": 108.280525, "fair_value": 60.793132, "relative_strength": -5.019292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.639409, "energy": 37.397957, "activity_lines": [ 122.482627, 124.052048, 120.008981, 115.069931 ] }, { "date": "2026-02-20", "close": 117.822792, "volume": 33, "typical_volume": 237.25, "trend": 109.494124, "fair_value": 61.343741, "relative_strength": -5.244708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.839268, "energy": 25.770112, "activity_lines": [ 120.211251, 122.88088, 120.295719, 115.685561 ] }, { "date": "2026-02-27", "close": 115.549461, "volume": 92, "typical_volume": 232.05, "trend": 110.379206, "fair_value": 61.868442, "relative_strength": -6.299392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.373377, "energy": 28.365314, "activity_lines": [ 117.855965, 121.319264, 120.275772, 116.076228 ] }, { "date": "2026-03-06", "close": 109.24659, "volume": 243, "typical_volume": 230.45, "trend": 110.807858, "fair_value": 62.364711, "relative_strength": -6.745029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.153499, "energy": 27.658404, "activity_lines": [ 114.282385, 118.770795, 119.570159, 116.003156 ] }, { "date": "2026-03-13", "close": 106.251259, "volume": 195, "typical_volume": 224.7, "trend": 111.021348, "fair_value": 62.862436, "relative_strength": -8.443113, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -19.008966, "energy": 34.824354, "activity_lines": [ 111.054844, 115.983729, 118.539777, 115.709182 ] }, { "date": "2026-03-20", "close": 105.285339, "volume": 293, "typical_volume": 205.8, "trend": 111.177015, "fair_value": 63.355717, "relative_strength": -8.61937, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.450856, "energy": 56.710062, "activity_lines": [ 108.539548, 113.383815, 117.396468, 115.339117 ] }, { "date": "2026-03-27", "close": 104.21209, "volume": 232, "typical_volume": 214.6, "trend": 111.517933, "fair_value": 63.83465, "relative_strength": -12.279858, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.885366, "energy": 65.206727, "activity_lines": [ 106.333215, 110.925285, 116.141886, 114.889767 ] }, { "date": "2026-04-03", "close": 109.900291, "volume": 173, "typical_volume": 199.15, "trend": 112.006816, "fair_value": 64.338288, "relative_strength": -10.866119, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.418367, "energy": 53.62841, "activity_lines": [ 106.930329, 109.932223, 115.433126, 114.785403 ] }, { "date": "2026-04-10", "close": 115.919998, "volume": 120, "typical_volume": 200.4, "trend": 112.597053, "fair_value": 64.885521, "relative_strength": -10.456983, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.276175, "energy": 23.678437, "activity_lines": [ 109.910624, 110.377091, 115.298693, 115.037866 ] }, { "date": "2026-04-17", "close": 117.480003, "volume": 176, "typical_volume": 188.65, "trend": 113.216868, "fair_value": 65.430792, "relative_strength": -8.559584, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.255552, "energy": 6.00919, "activity_lines": [ 112.966027, 111.350939, 115.271391, 115.352895 ] }, { "date": "2026-04-24", "close": 110.18, "volume": 154, "typical_volume": 190.2, "trend": 113.602958, "fair_value": 65.924539, "relative_strength": -12.007664, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.400497, "energy": 13.489875, "activity_lines": [ 112.839512, 111.075415, 114.526137, 115.156968 ] }, { "date": "2026-05-01", "close": 109.120003, "volume": 9, "typical_volume": 171.55, "trend": 113.944106, "fair_value": 66.432244, "relative_strength": -11.3514, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.783848, "energy": 14.240903, "activity_lines": [ 112.033354, 110.7, 113.706661, 114.867746 ] }, { "date": "2026-05-08", "close": 109.449997, "volume": 166, "typical_volume": 179.0, "trend": 114.338537, "fair_value": 66.940061, "relative_strength": -9.578641, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.196399, "energy": 12.543879, "activity_lines": [ 111.01, 110.542817, 112.966048, 114.577803 ] }, { "date": "2026-05-15", "close": 107.029999, "volume": 18, "typical_volume": 161.0, "trend": 114.541147, "fair_value": 67.434535, "relative_strength": -8.220362, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.653652, "energy": 57.040189, "activity_lines": [ 109.21, 110.056534, 112.06568, 114.106284 ] }, { "date": "2026-05-22", "close": 113.400002, "volume": 1550, "typical_volume": 234.95, "trend": 114.92598, "fair_value": 67.968285, "relative_strength": -2.277411, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.17795, "energy": 41.408211, "activity_lines": [ 110.126, 110.768735, 111.86268, 114.032662 ] }, { "date": "2026-05-29", "close": 118.559998, "volume": 1241, "typical_volume": 289.4, "trend": 115.43188, "fair_value": 68.544014, "relative_strength": 3.347457, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.556934, "energy": 6.366585, "activity_lines": [ 113.033999, 112.289139, 112.212078, 114.267115 ] }, { "date": "2026-06-05", "close": 114.360001, "volume": 30, "typical_volume": 286.55, "trend": 115.741524, "fair_value": 69.085364, "relative_strength": 2.260001, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.317121, "energy": 14.081177, "activity_lines": [ 113.983333, 112.804551, 112.1864, 114.197961 ] }, { "date": "2026-06-12", "close": 118.18, "volume": 16, "typical_volume": 273.5, "trend": 116.010359, "fair_value": 69.642634, "relative_strength": 4.044202, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.505761, "energy": 20.850913, "activity_lines": [ 115.856667, 113.83, 112.589154, 114.355283 ] }, { "date": "2026-06-19", "close": 128.830002, "volume": 0, "typical_volume": 262.1, "trend": 116.730786, "fair_value": 70.274403, "relative_strength": 14.513763, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.771963, "energy": 57.860997, "activity_lines": [ 120.698001, 116.641273, 114.056715, 115.182356 ] }, { "date": "2026-06-26", "close": 126.879997, "volume": 0, "typical_volume": 252.1, "trend": 117.203112, "fair_value": 70.87854, "relative_strength": 9.222355, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.844901, "energy": 67.062324, "activity_lines": [ 123.436, 118.863272, 115.341341, 115.837144 ] }, { "date": "2026-07-03", "close": 126.879997, "volume": 0, "typical_volume": 237.05, "trend": 117.572665, "fair_value": 71.489353, "relative_strength": 8.152036, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.068151, "energy": 74.129423, "activity_lines": [ 125.275332, 120.914363, 116.601608, 116.461459 ] }, { "date": "2026-07-10", "close": 131.169998, "volume": 123, "typical_volume": 241.55, "trend": 117.975618, "fair_value": 72.116761, "relative_strength": 9.080323, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.96789, "energy": 80.001722, "activity_lines": [ 127.989998, 123.441817, 118.215237, 117.338707 ] }, { "date": "2026-07-17", "close": 131.0, "volume": 212, "typical_volume": 247.55, "trend": 118.198908, "fair_value": 72.745305, "relative_strength": 11.041448, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.12291, "energy": 78.04319, "activity_lines": [ 129.527332, 125.537454, 119.749118, 118.178989 ] }, { "date": "2026-07-24", "close": 132.080002, "volume": 22, "typical_volume": 236.5, "trend": 118.399007, "fair_value": 73.377656, "relative_strength": 11.275917, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.109497, "energy": 88.87279, "activity_lines": [ 130.57, 127.437636, 121.312282, 119.074544 ] }, { "date": "2026-07-31", "close": 140.979996, "volume": 120, "typical_volume": 232.75, "trend": 118.891545, "fair_value": 74.07596, "relative_strength": 15.741916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.591432, "energy": 94.366643, "activity_lines": [ 134.362665, 130.500544, 123.614335, 120.531382 ] }, { "date": "2026-08-07", "close": 144.619995, "volume": 93, "typical_volume": 222.75, "trend": 119.585747, "fair_value": 74.788251, "relative_strength": 22.063009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.392141, "energy": 95.475261, "activity_lines": [ 138.428664, 133.723816, 126.097678, 122.191282 ] } ], "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." } } }