{ "ticker": { "uuid": "4e04c732-a02b-4dfe-ba29-cb082df5c957", "symbol": "ANRJ", "name": "Amundi Global Hydrogen UCITS ETF - Acc", "exchange": "PAR", "country": "FR", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 52.428, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "mixed", "architecture_direction": -16.255, "architecture_energy": 29.514, "architecture_maturity": 32.038, "architecture_confidence": 49.037, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 49.84, "rotation_up": 15.94, "upward_expansion": 24.04, "deceleration": 54.99, "rotation_down": 53.89, "downward_expansion": 40.04 }, "activity_lines": [ 719.666671, 725.598188, 736.654289, 732.313766 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 723.700012, "trend_reference": 721.36, "distance_from_trend": 0.003244, "trend_direction": "Improving", "fair_value": 493.946178, "distance_from_fair_value": 0.465139, "fair_value_direction": "Weakening", "relative_strength": 3.09415, "relative_strength_direction": "Weakening", "price_momentum": 0.064108, "excess_performance": 0.010797, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.003244, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.063712, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.465139, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.193846, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.030942, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.243465, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.064108, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.61857, "read": "Supply-led" } ], "volume": { "latest": 915, "relative_activity": 0.59377, "balance": 0.61857, "dry_up": 0.531635, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.0365, "annualized_volatility": 0.194322, "from_high_reference": -0.088769, "from_low_reference": 0.458632 }, "levels": { "trend_reference": 721.36, "fair_value_reference": 493.946178, "structural_low": 661.599976, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.027921, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.012495, "regime_survival": 0.4, "best_return": 0.125957, "worst_return": -0.045412, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.06541, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": -0.003122, "regime_survival": 0.111111, "best_return": 0.215854, "worst_return": -0.056342, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.087763, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.03832, "regime_survival": 0.2, "best_return": 0.447738, "worst_return": -0.028602, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.341298, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.306635, "regime_survival": 0.25, "best_return": 0.515371, "worst_return": 0.122234, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-16", "tenure": "Developing", "return": -0.012287, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-08-30", "tenure": "New", "return": 0.031762, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-20", "tenure": "New", "return": 0.055386, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-12-20", "tenure": "Established", "return": -0.019802, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": 0.043223, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.014127, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.014416, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.064008, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": 0.004844, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.005952, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2026-03-27", "tenure": "Extended", "return": 0.465634, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.03956, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": -0.036275, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.036223, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 339.25, "volume": 388, "typical_volume": 517.35, "trend": 332.696667, "fair_value": 264.514808, "relative_strength": -1.337004, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.029483, "energy": 43.103585, "activity_lines": [ 338.369999, 333.038179, 330.156427, 330.649462 ] }, { "date": "2023-08-25", "close": 341.5, "volume": 87, "typical_volume": 494.25, "trend": 332.870001, "fair_value": 265.67391, "relative_strength": -1.358214, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.671323, "energy": 49.897211, "activity_lines": [ 339.893333, 335.226362, 331.209046, 331.217419 ] }, { "date": "2023-09-01", "close": 353.700012, "volume": 144, "typical_volume": 488.7, "trend": 333.841669, "fair_value": 266.939679, "relative_strength": 1.377213, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.78154, "energy": 67.03504, "activity_lines": [ 344.983337, 339.388182, 333.411666, 332.561291 ] }, { "date": "2023-09-08", "close": 361.399994, "volume": 332, "typical_volume": 488.0, "trend": 334.055002, "fair_value": 268.268013, "relative_strength": 4.411869, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.027425, "energy": 83.710952, "activity_lines": [ 351.186668, 344.302727, 336.296189, 334.339247 ] }, { "date": "2023-09-15", "close": 371.950012, "volume": 507, "typical_volume": 498.75, "trend": 334.671668, "fair_value": 269.684615, "relative_strength": 5.455041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.427716, "energy": 92.376479, "activity_lines": [ 359.246671, 350.430911, 340.066905, 336.784086 ] }, { "date": "2023-09-22", "close": 370.25, "volume": 384, "typical_volume": 489.75, "trend": 335.290001, "fair_value": 271.147628, "relative_strength": 7.763751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.017681, "energy": 92.17026, "activity_lines": [ 364.810004, 355.303639, 343.500238, 339.079463 ] }, { "date": "2023-09-29", "close": 368.350006, "volume": 301, "typical_volume": 458.15, "trend": 335.753335, "fair_value": 272.627692, "relative_strength": 7.969862, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.614944, "energy": 88.21725, "activity_lines": [ 367.673338, 358.940912, 346.554286, 341.212366 ] }, { "date": "2023-10-06", "close": 348.899994, "volume": 770, "typical_volume": 485.45, "trend": 335.810001, "fair_value": 273.932179, "relative_strength": 3.562307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.553804, "energy": 63.806713, "activity_lines": [ 362.263334, 358.417275, 347.556429, 342.060538 ] }, { "date": "2023-10-13", "close": 358.450012, "volume": 489, "typical_volume": 480.0, "trend": 337.126667, "fair_value": 275.330449, "relative_strength": 7.324216, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.666794, "energy": 47.753684, "activity_lines": [ 360.356671, 359.320913, 349.377858, 343.521184 ] }, { "date": "2023-10-20", "close": 340.799988, "volume": 594, "typical_volume": 501.35, "trend": 338.311667, "fair_value": 276.626731, "relative_strength": 4.970863, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.557383, "energy": 21.040298, "activity_lines": [ 352.763332, 356.616365, 349.361667, 343.758172 ] }, { "date": "2023-10-27", "close": 339.350006, "volume": 244, "typical_volume": 494.9, "trend": 338.786667, "fair_value": 277.95641, "relative_strength": 4.986265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.803636, "energy": 25.534035, "activity_lines": [ 346.763334, 353.688184, 349.125953, 343.825162 ] }, { "date": "2023-11-03", "close": 354.149994, "volume": 16, "typical_volume": 457.45, "trend": 339.291667, "fair_value": 279.333526, "relative_strength": 5.816813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.768267, "energy": 24.614413, "activity_lines": [ 347.756665, 353.449091, 350.23881, 344.816344 ] }, { "date": "2023-11-10", "close": 344.649994, "volume": 224, "typical_volume": 461.5, "trend": 339.35, "fair_value": 280.505128, "relative_strength": 3.095511, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.710322, "energy": 22.274766, "activity_lines": [ 346.529997, 351.252726, 350.322619, 345.162043 ] }, { "date": "2023-11-17", "close": 357.649994, "volume": 269, "typical_volume": 451.55, "trend": 340.055, "fair_value": 281.694038, "relative_strength": 4.23733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.113216, "energy": 18.721451, "activity_lines": [ 349.919995, 351.584543, 351.518095, 346.342687 ] }, { "date": "2023-11-24", "close": 359.950012, "volume": 95, "typical_volume": 337.0, "trend": 340.883333, "fair_value": 282.819359, "relative_strength": 4.14699, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.570397, "energy": 28.234619, "activity_lines": [ 354.130001, 352.402727, 352.765953, 347.626237 ] }, { "date": "2023-12-01", "close": 363.149994, "volume": 350, "typical_volume": 329.2, "trend": 342.035, "fair_value": 283.951346, "relative_strength": 4.3742, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.944485, "energy": 37.533654, "activity_lines": [ 358.129999, 354.020908, 354.127857, 349.062795 ] }, { "date": "2023-12-08", "close": 361.649994, "volume": 555, "typical_volume": 345.1, "trend": 343.208332, "fair_value": 285.071154, "relative_strength": 1.511225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.047853, "energy": 55.630841, "activity_lines": [ 360.043331, 355.495452, 355.147618, 350.328279 ] }, { "date": "2023-12-15", "close": 368.299988, "volume": 543, "typical_volume": 364.5, "trend": 344.486665, "fair_value": 286.249487, "relative_strength": 2.491174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.399279, "energy": 66.291273, "activity_lines": [ 363.673328, 358.300905, 356.669046, 351.947095 ] }, { "date": "2023-12-22", "close": 370.0, "volume": 260, "typical_volume": 337.95, "trend": 345.968332, "fair_value": 287.451282, "relative_strength": 3.484862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.729403, "energy": 68.417947, "activity_lines": [ 366.293329, 361.062724, 358.179046, 353.593117 ] }, { "date": "2023-12-29", "close": 372.75, "volume": 461, "typical_volume": 350.65, "trend": 347.603332, "fair_value": 288.690448, "relative_strength": 4.688989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.728823, "energy": 69.940684, "activity_lines": [ 369.006663, 364.114543, 359.791427, 355.320966 ] }, { "date": "2024-01-05", "close": 369.0, "volume": 305, "typical_volume": 346.5, "trend": 349.018332, "fair_value": 289.784679, "relative_strength": 5.294766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.642517, "energy": 69.748041, "activity_lines": [ 369.616665, 365.903634, 360.904998, 356.701397 ] }, { "date": "2024-01-12", "close": 369.5, "volume": 112, "typical_volume": 347.75, "trend": 350.399999, "fair_value": 290.865769, "relative_strength": 4.771115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.318689, "energy": 66.8228, "activity_lines": [ 370.003333, 367.244543, 361.924522, 358.022795 ] }, { "date": "2024-01-19", "close": 358.100006, "volume": 848, "typical_volume": 382.95, "trend": 351.733332, "fair_value": 291.924359, "relative_strength": 2.808002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.434108, "energy": 35.587185, "activity_lines": [ 366.066669, 366.233636, 361.724999, 358.519569 ] }, { "date": "2024-01-26", "close": 367.299988, "volume": 370, "typical_volume": 384.85, "trend": 353.221665, "fair_value": 293.097692, "relative_strength": 1.793218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.724953, "energy": 28.421499, "activity_lines": [ 365.876664, 366.650907, 362.380712, 359.52387 ] }, { "date": "2024-02-02", "close": 371.549988, "volume": 499, "typical_volume": 384.45, "trend": 354.943332, "fair_value": 294.3025, "relative_strength": 3.367765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.946583, "energy": 32.476779, "activity_lines": [ 367.283327, 367.66545, 363.413092, 360.706342 ] }, { "date": "2024-02-09", "close": 368.600006, "volume": 725, "typical_volume": 401.5, "trend": 356.519999, "fair_value": 295.46173, "relative_strength": 1.871978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.918026, "energy": 27.453827, "activity_lines": [ 367.786664, 367.932725, 364.166426, 361.587418 ] }, { "date": "2024-02-16", "close": 379.100006, "volume": 462, "typical_volume": 409.55, "trend": 358.023333, "fair_value": 296.630833, "relative_strength": 3.117239, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.963525, "energy": 66.484775, "activity_lines": [ 371.816667, 370.009999, 365.927617, 363.044192 ] }, { "date": "2024-02-23", "close": 378.049988, "volume": 112, "typical_volume": 376.65, "trend": 359.561666, "fair_value": 297.749102, "relative_strength": 0.329778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.867493, "energy": 74.640926, "activity_lines": [ 374.856663, 371.579088, 367.537616, 364.336235 ] }, { "date": "2024-03-01", "close": 380.700012, "volume": 306, "typical_volume": 367.5, "trend": 361.035, "fair_value": 298.7975, "relative_strength": 1.457543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.422922, "energy": 79.261578, "activity_lines": [ 377.450002, 373.452727, 369.261189, 365.699999 ] }, { "date": "2024-03-08", "close": 387.0, "volume": 1302, "typical_volume": 402.9, "trend": 362.501666, "fair_value": 299.845577, "relative_strength": 1.92588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.432627, "energy": 86.160181, "activity_lines": [ 381.250002, 376.277273, 371.478808, 367.37516 ] }, { "date": "2024-03-15", "close": 384.350006, "volume": 715, "typical_volume": 426.45, "trend": 364.005, "fair_value": 300.941089, "relative_strength": -0.50384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.711646, "energy": 82.814801, "activity_lines": [ 383.13667, 378.36091, 373.224047, 368.784731 ] }, { "date": "2024-03-22", "close": 397.100006, "volume": 260, "typical_volume": 438.65, "trend": 365.858333, "fair_value": 302.145256, "relative_strength": 2.736382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.013926, "energy": 92.031457, "activity_lines": [ 388.223338, 382.483639, 375.969286, 370.919892 ] }, { "date": "2024-03-29", "close": 403.850006, "volume": 356, "typical_volume": 445.25, "trend": 367.53, "fair_value": 303.410641, "relative_strength": 3.594161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.414946, "energy": 95.219675, "activity_lines": [ 394.360006, 387.331821, 379.152858, 373.370968 ] }, { "date": "2024-04-05", "close": 399.149994, "volume": 413, "typical_volume": 452.45, "trend": 368.788333, "fair_value": 304.675705, "relative_strength": 4.087639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.866321, "energy": 89.038576, "activity_lines": [ 397.210002, 390.493638, 381.606905, 375.410968 ] }, { "date": "2024-04-12", "close": 401.950012, "volume": 223, "typical_volume": 458.85, "trend": 369.788333, "fair_value": 305.936282, "relative_strength": 5.28359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.237248, "energy": 87.367162, "activity_lines": [ 399.763338, 393.585459, 384.130002, 377.550431 ] }, { "date": "2024-04-19", "close": 396.149994, "volume": 660, "typical_volume": 474.35, "trend": 370.651666, "fair_value": 307.202884, "relative_strength": 3.407229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.186454, "energy": 72.735919, "activity_lines": [ 399.386668, 395.070002, 385.900715, 379.251183 ] }, { "date": "2024-04-26", "close": 399.049988, "volume": 160, "typical_volume": 454.6, "trend": 371.674999, "fair_value": 308.476923, "relative_strength": 3.125125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.566688, "energy": 61.932074, "activity_lines": [ 399.189996, 396.580909, 387.790476, 381.083333 ] }, { "date": "2024-05-03", "close": 404.5, "volume": 937, "typical_volume": 474.3, "trend": 373.528333, "fair_value": 309.71923, "relative_strength": 5.96796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.884035, "energy": 64.208523, "activity_lines": [ 400.679997, 398.72, 390.021191, 383.201075 ] }, { "date": "2024-05-10", "close": 417.149994, "volume": 974, "typical_volume": 510.0, "trend": 375.484999, "fair_value": 311.027564, "relative_strength": 5.519506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.480409, "energy": 71.005925, "activity_lines": [ 406.343329, 402.67818, 393.284285, 386.015376 ] }, { "date": "2024-05-17", "close": 419.149994, "volume": 567, "typical_volume": 515.3, "trend": 378.096665, "fair_value": 312.359295, "relative_strength": 6.386165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.405522, "energy": 81.92071, "activity_lines": [ 411.473328, 406.33727, 396.513332, 388.832472 ] }, { "date": "2024-05-24", "close": 416.450012, "volume": 493, "typical_volume": 524.7, "trend": 380.666666, "fair_value": 313.695513, "relative_strength": 6.352568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.490337, "energy": 83.507871, "activity_lines": [ 414.556667, 408.920908, 399.264286, 391.306881 ] }, { "date": "2024-05-31", "close": 412.5, "volume": 692, "typical_volume": 553.7, "trend": 382.611666, "fair_value": 314.95673, "relative_strength": 6.389707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.922666, "energy": 74.91733, "activity_lines": [ 414.970001, 410.202727, 401.413095, 393.360645 ] }, { "date": "2024-06-07", "close": 410.850006, "volume": 1433, "typical_volume": 582.95, "trend": 384.818333, "fair_value": 316.185577, "relative_strength": 5.591673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.315636, "energy": 60.282264, "activity_lines": [ 413.93667, 410.904546, 403.200001, 395.182473 ] }, { "date": "2024-06-14", "close": 399.850006, "volume": 750, "typical_volume": 601.95, "trend": 386.225, "fair_value": 317.380449, "relative_strength": 9.208435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.549677, "energy": 38.602337, "activity_lines": [ 408.813338, 409.479093, 403.688097, 396.152259 ] }, { "date": "2024-06-21", "close": 402.299988, "volume": 407, "typical_volume": 597.35, "trend": 387.636666, "fair_value": 318.541666, "relative_strength": 7.719218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.797358, "energy": 25.237195, "activity_lines": [ 405.66, 408.486363, 404.254524, 397.189355 ] }, { "date": "2024-06-28", "close": 398.799988, "volume": 290, "typical_volume": 575.6, "trend": 388.824999, "fair_value": 319.695513, "relative_strength": 8.497531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.376046, "energy": 25.339105, "activity_lines": [ 402.463328, 406.850907, 404.341189, 397.909569 ] }, { "date": "2024-07-05", "close": 402.899994, "volume": 497, "typical_volume": 577.35, "trend": 390.199999, "fair_value": 320.908654, "relative_strength": 6.497857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.544203, "energy": 24.688621, "activity_lines": [ 401.809994, 405.912724, 404.674522, 398.817633 ] }, { "date": "2024-07-12", "close": 412.600006, "volume": 824, "typical_volume": 612.95, "trend": 391.676666, "fair_value": 322.241666, "relative_strength": 7.959464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.407825, "energy": 22.142281, "activity_lines": [ 405.029997, 406.66818, 405.818332, 400.262795 ] }, { "date": "2024-07-19", "close": 402.950012, "volume": 419, "typical_volume": 618.6, "trend": 392.775, "fair_value": 323.535256, "relative_strength": 7.732668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.203594, "energy": 13.839423, "activity_lines": [ 404.916669, 405.521819, 405.878571, 400.990108 ] }, { "date": "2024-07-26", "close": 402.200012, "volume": 199, "typical_volume": 563.45, "trend": 393.756667, "fair_value": 324.783654, "relative_strength": 7.394102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.41114, "energy": 15.154757, "activity_lines": [ 404.346673, 404.497276, 405.76143, 401.598173 ] }, { "date": "2024-08-02", "close": 390.600006, "volume": 581, "typical_volume": 556.75, "trend": 394.476667, "fair_value": 325.91218, "relative_strength": 7.793518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.724396, "energy": 8.664712, "activity_lines": [ 399.916675, 401.671822, 404.467144, 401.394517 ] }, { "date": "2024-08-09", "close": 390.700012, "volume": 542, "typical_volume": 570.85, "trend": 395.183334, "fair_value": 327.034295, "relative_strength": 7.265905, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.096742, "energy": 22.936783, "activity_lines": [ 396.066677, 399.334551, 403.152622, 401.150862 ] }, { "date": "2024-08-16", "close": 393.899994, "volume": 72, "typical_volume": 556.65, "trend": 396.376667, "fair_value": 328.249039, "relative_strength": 5.308466, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.732872, "energy": 39.700944, "activity_lines": [ 394.096671, 397.975458, 402.173335, 401.068066 ] }, { "date": "2024-08-23", "close": 396.700012, "volume": 154, "typical_volume": 543.7, "trend": 397.356668, "fair_value": 329.417949, "relative_strength": 4.070597, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.478486, "energy": 39.042414, "activity_lines": [ 394.306673, 397.433642, 401.508098, 401.088927 ] }, { "date": "2024-08-30", "close": 409.299988, "volume": 254, "typical_volume": 545.25, "trend": 398.615001, "fair_value": 330.673398, "relative_strength": 6.407487, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 24.391212, "energy": 14.923888, "activity_lines": [ 399.133333, 399.240003, 402.054526, 401.859464 ] }, { "date": "2024-09-06", "close": 393.600006, "volume": 973, "typical_volume": 560.9, "trend": 399.448335, "fair_value": 331.838141, "relative_strength": 6.05745, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.417643, "energy": 10.2887, "activity_lines": [ 398.253335, 398.064549, 401.070717, 401.535916 ] }, { "date": "2024-09-13", "close": 413.0, "volume": 154, "typical_volume": 560.6, "trend": 400.578335, "fair_value": 333.096026, "relative_strength": 9.396262, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.886022, "energy": 18.721335, "activity_lines": [ 403.64, 400.510912, 401.946669, 402.410217 ] }, { "date": "2024-09-20", "close": 415.399994, "volume": 680, "typical_volume": 547.75, "trend": 401.823335, "fair_value": 334.302116, "relative_strength": 9.358161, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.688102, "energy": 37.397989, "activity_lines": [ 408.339998, 403.210001, 402.984763, 403.366453 ] }, { "date": "2024-09-27", "close": 439.350006, "volume": 432, "typical_volume": 520.65, "trend": 403.778335, "fair_value": 335.577757, "relative_strength": 11.134783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.219465, "energy": 77.559342, "activity_lines": [ 419.59, 410.212729, 406.251907, 405.787528 ] }, { "date": "2024-10-04", "close": 443.100006, "volume": 480, "typical_volume": 516.3, "trend": 405.648335, "fair_value": 336.816539, "relative_strength": 15.396947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.233921, "energy": 89.102832, "activity_lines": [ 429.246669, 417.235456, 409.770479, 408.32441 ] }, { "date": "2024-10-11", "close": 444.649994, "volume": 938, "typical_volume": 538.55, "trend": 407.658334, "fair_value": 338.01109, "relative_strength": 14.91703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.565513, "energy": 91.933838, "activity_lines": [ 437.166667, 423.796364, 413.322621, 410.840646 ] }, { "date": "2024-10-18", "close": 443.100006, "volume": 694, "typical_volume": 538.65, "trend": 409.191668, "fair_value": 339.213975, "relative_strength": 13.636437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.398236, "energy": 90.006521, "activity_lines": [ 441.166669, 429.092728, 416.592859, 413.127206 ] }, { "date": "2024-10-25", "close": 444.25, "volume": 711, "typical_volume": 502.55, "trend": 410.538334, "fair_value": 340.477436, "relative_strength": 15.283453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.648402, "energy": 88.378181, "activity_lines": [ 443.543335, 433.645456, 419.826907, 415.389034 ] }, { "date": "2024-11-01", "close": 432.25, "volume": 1024, "typical_volume": 516.25, "trend": 411.641668, "fair_value": 341.668141, "relative_strength": 13.165735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.393814, "energy": 70.903969, "activity_lines": [ 439.996667, 435.10091, 421.759049, 416.789786 ] }, { "date": "2024-11-08", "close": 433.600006, "volume": 460, "typical_volume": 518.9, "trend": 412.696667, "fair_value": 342.870064, "relative_strength": 14.175919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.445024, "energy": 52.90451, "activity_lines": [ 437.373336, 436.155457, 423.665478, 418.206453 ] }, { "date": "2024-11-15", "close": 448.200012, "volume": 1965, "typical_volume": 602.65, "trend": 414.431668, "fair_value": 344.21718, "relative_strength": 18.602959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.478978, "energy": 54.729263, "activity_lines": [ 440.250006, 439.422731, 426.813336, 420.496992 ] }, { "date": "2024-11-22", "close": 452.700012, "volume": 506, "typical_volume": 603.1, "trend": 416.220002, "fair_value": 345.659488, "relative_strength": 19.458824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.400195, "energy": 55.037569, "activity_lines": [ 444.390008, 442.51546, 430.154528, 422.965917 ] }, { "date": "2024-11-29", "close": 454.350006, "volume": 731, "typical_volume": 598.45, "trend": 417.881669, "fair_value": 347.033206, "relative_strength": 19.635371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.169542, "energy": 60.307569, "activity_lines": [ 448.440008, 445.18637, 433.415718, 425.425917 ] }, { "date": "2024-12-06", "close": 451.5, "volume": 737, "typical_volume": 614.35, "trend": 419.026669, "fair_value": 348.363654, "relative_strength": 15.277028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.936746, "energy": 73.656824, "activity_lines": [ 450.866673, 446.630914, 436.20667, 427.594842 ] }, { "date": "2024-12-13", "close": 441.149994, "volume": 754, "typical_volume": 642.1, "trend": 419.760003, "fair_value": 349.651154, "relative_strength": 12.444191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.067616, "energy": 63.188417, "activity_lines": [ 448.560002, 445.972731, 437.780717, 429.022153 ] }, { "date": "2024-12-20", "close": 430.649994, "volume": 809, "typical_volume": 653.5, "trend": 420.233335, "fair_value": 350.827116, "relative_strength": 11.388973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.038536, "energy": 35.408709, "activity_lines": [ 442.249998, 443.440911, 438.169288, 429.724733 ] }, { "date": "2024-12-27", "close": 433.799988, "volume": 311, "typical_volume": 641.95, "trend": 420.943335, "fair_value": 352.046026, "relative_strength": 10.587162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.087505, "energy": 25.49451, "activity_lines": [ 438.159994, 441.736363, 438.667143, 430.600001 ] }, { "date": "2025-01-03", "close": 441.100006, "volume": 844, "typical_volume": 680.55, "trend": 421.951668, "fair_value": 353.207244, "relative_strength": 13.135188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.364674, "energy": 26.775633, "activity_lines": [ 437.76333, 441.528182, 439.655001, 431.900432 ] }, { "date": "2025-01-10", "close": 431.399994, "volume": 550, "typical_volume": 700.35, "trend": 423.003335, "fair_value": 354.214616, "relative_strength": 8.099126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.865829, "energy": 23.679402, "activity_lines": [ 435.016663, 439.613635, 439.494286, 432.510001 ] }, { "date": "2025-01-17", "close": 449.850006, "volume": 329, "typical_volume": 704.1, "trend": 424.588335, "fair_value": 355.364295, "relative_strength": 8.268553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.667896, "energy": 23.901398, "activity_lines": [ 439.76, 441.06909, 440.925477, 434.242044 ] }, { "date": "2025-01-24", "close": 447.100006, "volume": 1104, "typical_volume": 710.65, "trend": 426.198336, "fair_value": 356.44218, "relative_strength": 4.340928, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.257458, "energy": 30.28827, "activity_lines": [ 443.006669, 441.729091, 441.901668, 435.69441 ] }, { "date": "2025-01-31", "close": 452.549988, "volume": 873, "typical_volume": 746.6, "trend": 427.853336, "fair_value": 357.520385, "relative_strength": 5.014892, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.790226, "energy": 41.499064, "activity_lines": [ 446.973332, 443.399998, 443.142143, 437.394517 ] }, { "date": "2025-02-07", "close": 449.5, "volume": 771, "typical_volume": 751.15, "trend": 429.083335, "fair_value": 358.527757, "relative_strength": 3.707145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.390046, "energy": 53.035201, "activity_lines": [ 448.673332, 444.519089, 443.903809, 438.791076 ] }, { "date": "2025-02-14", "close": 450.549988, "volume": 469, "typical_volume": 753.0, "trend": 430.670001, "fair_value": 359.610769, "relative_strength": 1.112455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.331871, "energy": 58.055758, "activity_lines": [ 450.163328, 445.917269, 444.603094, 440.176021 ] }, { "date": "2025-02-21", "close": 453.700012, "volume": 935, "typical_volume": 775.75, "trend": 432.386668, "fair_value": 360.744423, "relative_strength": 1.82529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.153611, "energy": 59.804676, "activity_lines": [ 451.426666, 447.905454, 445.549047, 441.661828 ] }, { "date": "2025-02-28", "close": 451.5, "volume": 423, "typical_volume": 750.0, "trend": 434.416668, "fair_value": 361.938974, "relative_strength": 1.592647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.822096, "energy": 42.273245, "activity_lines": [ 451.7, 449.265454, 446.235, 442.894947 ] }, { "date": "2025-03-07", "close": 443.799988, "volume": 680, "typical_volume": 749.3, "trend": 436.186667, "fair_value": 363.025833, "relative_strength": -0.477795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.361939, "energy": 30.208126, "activity_lines": [ 449.11333, 448.846361, 446.154999, 443.500322 ] }, { "date": "2025-03-14", "close": 444.350006, "volume": 337, "typical_volume": 730.6, "trend": 437.868334, "fair_value": 364.115898, "relative_strength": 0.502757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.037858, "energy": 19.862394, "activity_lines": [ 447.293333, 448.345453, 446.124047, 444.026989 ] }, { "date": "2025-03-21", "close": 452.25, "volume": 1056, "typical_volume": 732.2, "trend": 439.72, "fair_value": 365.120385, "relative_strength": 1.835687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.634575, "energy": 20.917106, "activity_lines": [ 448.45, 449.221817, 446.844999, 444.954839 ] }, { "date": "2025-03-28", "close": 443.149994, "volume": 309, "typical_volume": 724.65, "trend": 440.848334, "fair_value": 366.078077, "relative_strength": 1.147508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.93141, "energy": 13.583542, "activity_lines": [ 446.459998, 448.064544, 446.604046, 445.176128 ] }, { "date": "2025-04-04", "close": 405.799988, "volume": 790, "typical_volume": 665.9, "trend": 441.255, "fair_value": 366.748269, "relative_strength": 0.566207, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -52.773423, "energy": 49.816319, "activity_lines": [ 432.723328, 440.238178, 442.760474, 442.914945 ] }, { "date": "2025-04-11", "close": 399.950012, "volume": 634, "typical_volume": 672.3, "trend": 440.82, "fair_value": 367.332244, "relative_strength": 1.275369, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.904497, "energy": 79.496449, "activity_lines": [ 420.083333, 432.09909, 438.561665, 440.250107 ] }, { "date": "2025-04-18", "close": 418.700012, "volume": 592, "typical_volume": 665.35, "trend": 440.930001, "fair_value": 368.088654, "relative_strength": 3.100007, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.020314, "energy": 75.196798, "activity_lines": [ 416.616671, 428.325456, 436.399762, 438.823011 ] }, { "date": "2025-04-25", "close": 428.299988, "volume": 308, "typical_volume": 643.9, "trend": 440.561667, "fair_value": 368.921667, "relative_strength": 1.696776, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.188667, "energy": 72.438481, "activity_lines": [ 418.06, 426.857272, 435.321904, 438.008171 ] }, { "date": "2025-05-02", "close": 442.100006, "volume": 384, "typical_volume": 625.4, "trend": 440.528334, "fair_value": 369.746346, "relative_strength": 1.597385, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.2375, "energy": 36.730732, "activity_lines": [ 425.700002, 428.302728, 435.668809, 438.107419 ] }, { "date": "2025-05-09", "close": 445.5, "volume": 506, "typical_volume": 610.25, "trend": 440.556667, "fair_value": 370.608205, "relative_strength": 2.493596, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.926954, "energy": 15.450181, "activity_lines": [ 434.543335, 430.577273, 436.335, 438.428172 ] }, { "date": "2025-05-16", "close": 454.200012, "volume": 346, "typical_volume": 612.0, "trend": 440.926667, "fair_value": 371.485449, "relative_strength": 2.381285, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.524647, "energy": 24.637933, "activity_lines": [ 443.640004, 434.54273, 437.759049, 439.308388 ] }, { "date": "2025-05-23", "close": 456.399994, "volume": 1550, "typical_volume": 647.3, "trend": 441.331667, "fair_value": 372.297949, "relative_strength": 4.632275, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.010872, "energy": 30.672032, "activity_lines": [ 449.853335, 438.719092, 439.295477, 440.306667 ] }, { "date": "2025-05-30", "close": 462.0, "volume": 432, "typical_volume": 641.4, "trend": 442.323334, "fair_value": 373.144423, "relative_strength": 5.390001, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.915088, "energy": 41.668716, "activity_lines": [ 455.420001, 443.694547, 441.292381, 441.640108 ] }, { "date": "2025-06-06", "close": 468.350006, "volume": 222, "typical_volume": 636.05, "trend": 443.481667, "fair_value": 374.050833, "relative_strength": 5.801639, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.868009, "energy": 63.808923, "activity_lines": [ 460.856669, 449.647275, 443.748334, 443.319248 ] }, { "date": "2025-06-13", "close": 464.75, "volume": 658, "typical_volume": 613.75, "trend": 444.033333, "fair_value": 375.181282, "relative_strength": 6.371201, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.62326, "energy": 70.239676, "activity_lines": [ 463.343335, 454.487275, 445.773334, 444.691398 ] }, { "date": "2025-06-20", "close": 464.850006, "volume": 801, "typical_volume": 610.15, "trend": 444.438333, "fair_value": 376.293462, "relative_strength": 7.416849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.776188, "energy": 67.017329, "activity_lines": [ 464.580003, 458.273639, 447.723811, 446.034409 ] }, { "date": "2025-06-27", "close": 470.25, "volume": 896, "typical_volume": 616.4, "trend": 444.968333, "fair_value": 377.450192, "relative_strength": 6.943183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.275594, "energy": 65.148656, "activity_lines": [ 466.906669, 461.86182, 450.130002, 447.699678 ] }, { "date": "2025-07-04", "close": 479.399994, "volume": 689, "typical_volume": 627.4, "trend": 445.898333, "fair_value": 378.668141, "relative_strength": 8.599219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.093725, "energy": 75.229626, "activity_lines": [ 471.36, 466.176364, 453.30881, 449.921076 ] }, { "date": "2025-07-11", "close": 480.049988, "volume": 296, "typical_volume": 595.45, "trend": 447.194999, "fair_value": 379.956282, "relative_strength": 6.616499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.935091, "energy": 84.236924, "activity_lines": [ 474.869995, 469.679998, 456.412143, 452.124408 ] }, { "date": "2025-07-18", "close": 486.75, "volume": 1022, "typical_volume": 625.4, "trend": 449.064999, "fair_value": 381.243782, "relative_strength": 7.88064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.206446, "energy": 91.495583, "activity_lines": [ 479.833329, 473.711816, 460.028095, 454.676344 ] }, { "date": "2025-07-25", "close": 507.0, "volume": 799, "typical_volume": 631.35, "trend": 451.505, "fair_value": 382.522628, "relative_strength": 11.780031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.058733, "energy": 97.200261, "activity_lines": [ 490.079997, 480.675453, 465.404762, 458.414086 ] }, { "date": "2025-08-01", "close": 499.100006, "volume": 1357, "typical_volume": 682.35, "trend": 453.438333, "fair_value": 383.785128, "relative_strength": 13.780025, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.670625, "energy": 91.559122, "activity_lines": [ 494.883333, 485.242727, 469.728095, 461.484731 ] }, { "date": "2025-08-08", "close": 503.399994, "volume": 920, "typical_volume": 675.55, "trend": 455.838333, "fair_value": 384.99859, "relative_strength": 11.42745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.703589, "energy": 91.588689, "activity_lines": [ 499.196665, 489.815453, 474.200238, 464.708064 ] }, { "date": "2025-08-15", "close": 510.799988, "volume": 388, "typical_volume": 679.5, "trend": 457.869999, "fair_value": 386.231282, "relative_strength": 10.069909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.750643, "energy": 92.391707, "activity_lines": [ 504.376662, 494.980905, 479.13357, 468.253977 ] }, { "date": "2025-08-22", "close": 518.5, "volume": 836, "typical_volume": 681.8, "trend": 460.249999, "fair_value": 387.427115, "relative_strength": 10.619497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.998042, "energy": 89.750342, "activity_lines": [ 510.07333, 500.774542, 484.478094, 472.16559 ] }, { "date": "2025-08-29", "close": 509.100006, "volume": 1233, "typical_volume": 711.75, "trend": 462.135, "fair_value": 388.626602, "relative_strength": 11.905882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.955321, "energy": 69.153156, "activity_lines": [ 510.519999, 503.881817, 488.390713, 475.317204 ] }, { "date": "2025-09-05", "close": 510.200012, "volume": 1041, "typical_volume": 734.2, "trend": 464.158333, "fair_value": 389.884295, "relative_strength": 12.100688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.142614, "energy": 65.986965, "activity_lines": [ 511.193337, 506.384546, 491.888334, 478.418172 ] }, { "date": "2025-09-12", "close": 521.099976, "volume": 670, "typical_volume": 752.3, "trend": 466.51, "fair_value": 391.255769, "relative_strength": 11.885263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.605956, "energy": 69.251305, "activity_lines": [ 514.759996, 510.142724, 495.988331, 482.091827 ] }, { "date": "2025-09-19", "close": 531.900024, "volume": 1365, "typical_volume": 801.35, "trend": 469.116667, "fair_value": 392.792308, "relative_strength": 13.339905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.624548, "energy": 71.629696, "activity_lines": [ 520.746671, 515.106365, 500.675, 486.310538 ] }, { "date": "2025-09-26", "close": 532.5, "volume": 1029, "typical_volume": 827.5, "trend": 471.816667, "fair_value": 394.289102, "relative_strength": 12.812208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.286399, "energy": 70.644489, "activity_lines": [ 525.52667, 519.236365, 504.991191, 490.399785 ] }, { "date": "2025-10-03", "close": 558.0, "volume": 2613, "typical_volume": 940.85, "trend": 475.623334, "fair_value": 395.819231, "relative_strength": 14.751441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.071504, "energy": 89.92322, "activity_lines": [ 537.873336, 527.170911, 511.321667, 495.96 ] }, { "date": "2025-10-10", "close": 551.400024, "volume": 1680, "typical_volume": 947.35, "trend": 479.191668, "fair_value": 397.348718, "relative_strength": 15.332187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.497827, "energy": 88.925316, "activity_lines": [ 544.76001, 532.978188, 516.529288, 500.848819 ] }, { "date": "2025-10-17", "close": 569.900024, "volume": 1936, "typical_volume": 1022.55, "trend": 483.113335, "fair_value": 398.951282, "relative_strength": 15.043635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.33463, "energy": 88.771161, "activity_lines": [ 555.066683, 541.198192, 523.046433, 506.700971 ] }, { "date": "2025-10-24", "close": 585.253601, "volume": 1942, "typical_volume": 1108.55, "trend": 487.850122, "fair_value": 400.5606, "relative_strength": 16.962762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.872965, "energy": 93.744289, "activity_lines": [ 567.237878, 551.000663, 530.512014, 513.290666 ] }, { "date": "2025-10-31", "close": 607.799988, "volume": 3026, "typical_volume": 1226.95, "trend": 494.583455, "fair_value": 402.225023, "relative_strength": 22.39407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.670893, "energy": 94.520113, "activity_lines": [ 583.367631, 563.548776, 539.568186, 521.029367 ] }, { "date": "2025-11-07", "close": 601.700012, "volume": 2888, "typical_volume": 1331.3, "trend": 501.308455, "fair_value": 403.931754, "relative_strength": 23.127392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.559574, "energy": 85.549056, "activity_lines": [ 592.444059, 573.364167, 547.362218, 527.940112 ] }, { "date": "2025-11-14", "close": 608.900024, "volume": 1546, "typical_volume": 1363.8, "trend": 507.648456, "fair_value": 405.682395, "relative_strength": 20.760541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.46156, "energy": 83.290501, "activity_lines": [ 601.007157, 582.805014, 555.190298, 534.881504 ] }, { "date": "2025-11-21", "close": 570.200012, "volume": 12041, "typical_volume": 1931.4, "trend": 512.378457, "fair_value": 407.125665, "relative_strength": 15.415866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.463229, "energy": 66.599984, "activity_lines": [ 592.836918, 583.414949, 558.672424, 538.917088 ] }, { "date": "2025-11-28", "close": 597.400024, "volume": 1239, "typical_volume": 1978.55, "trend": 517.555124, "fair_value": 408.752909, "relative_strength": 18.440855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.840329, "energy": 63.812829, "activity_lines": [ 593.71335, 588.077613, 564.312647, 544.40235 ] }, { "date": "2025-12-05", "close": 604.299988, "volume": 1557, "typical_volume": 2005.3, "trend": 522.848457, "fair_value": 410.508037, "relative_strength": 19.420694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.243792, "energy": 61.425681, "activity_lines": [ 596.080009, 592.803907, 570.0512, 549.998793 ] }, { "date": "2025-12-12", "close": 596.0, "volume": 1360, "typical_volume": 2033.35, "trend": 527.575123, "fair_value": 412.252909, "relative_strength": 17.932581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.433693, "energy": 51.307293, "activity_lines": [ 595.913338, 594.715658, 574.439515, 554.718248 ] }, { "date": "2025-12-19", "close": 597.400024, "volume": 1646, "typical_volume": 2047.8, "trend": 532.275124, "fair_value": 413.906755, "relative_strength": 16.5055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.677733, "energy": 51.868567, "activity_lines": [ 596.593343, 596.19105, 578.537357, 559.22308 ] }, { "date": "2025-12-26", "close": 589.599976, "volume": 364, "typical_volume": 2020.0, "trend": 536.528457, "fair_value": 415.557075, "relative_strength": 15.177346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.623781, "energy": 46.211003, "activity_lines": [ 595.439998, 595.411887, 581.424242, 562.921458 ] }, { "date": "2026-01-02", "close": 604.599976, "volume": 986, "typical_volume": 2049.9, "trend": 541.070122, "fair_value": 417.298742, "relative_strength": 16.319506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.090795, "energy": 47.402899, "activity_lines": [ 597.993323, 597.001817, 585.329222, 567.313169 ] }, { "date": "2026-01-09", "close": 635.900024, "volume": 1965, "typical_volume": 2106.35, "trend": 546.775123, "fair_value": 419.187204, "relative_strength": 19.24928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.457666, "energy": 58.95871, "activity_lines": [ 610.5, 603.930911, 591.768493, 573.431227 ] }, { "date": "2026-01-16", "close": 657.0, "volume": 3949, "typical_volume": 2242.15, "trend": 553.180123, "fair_value": 421.240088, "relative_strength": 23.952379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.405985, "energy": 83.480973, "activity_lines": [ 627.933333, 614.185456, 599.658237, 580.542509 ] }, { "date": "2026-01-23", "close": 658.799988, "volume": 1308, "typical_volume": 2255.5, "trend": 559.465122, "fair_value": 423.307396, "relative_strength": 25.141955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.838248, "energy": 91.30282, "activity_lines": [ 641.899996, 623.761816, 607.015123, 587.356694 ] }, { "date": "2026-01-30", "close": 662.799988, "volume": 4208, "typical_volume": 2432.4, "trend": 565.578456, "fair_value": 425.475665, "relative_strength": 25.23989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.013443, "energy": 91.22165, "activity_lines": [ 653.106661, 633.158178, 614.045342, 594.023459 ] }, { "date": "2026-02-06", "close": 680.099976, "volume": 3003, "typical_volume": 2514.3, "trend": 572.246789, "fair_value": 427.559639, "relative_strength": 25.265661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.467183, "energy": 93.00485, "activity_lines": [ 665.199988, 644.016355, 622.048417, 601.411945 ] }, { "date": "2026-02-13", "close": 703.799988, "volume": 1696, "typical_volume": 2547.65, "trend": 579.481788, "fair_value": 429.805473, "relative_strength": 27.930559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.20918, "energy": 94.531494, "activity_lines": [ 680.159986, 657.679991, 631.602923, 609.899248 ] }, { "date": "2026-02-20", "close": 716.799988, "volume": 2287, "typical_volume": 2531.35, "trend": 586.475121, "fair_value": 432.145857, "relative_strength": 26.130231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.349187, "energy": 95.333784, "activity_lines": [ 694.926652, 671.898171, 641.579809, 618.758487 ] }, { "date": "2026-02-27", "close": 735.900024, "volume": 2232, "typical_volume": 2558.95, "trend": 594.368455, "fair_value": 434.591049, "relative_strength": 27.401254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.634094, "energy": 96.013574, "activity_lines": [ 712.073332, 687.392722, 652.619556, 628.398803 ] }, { "date": "2026-03-06", "close": 688.700012, "volume": 2149, "typical_volume": 2569.6, "trend": 600.545122, "fair_value": 436.780152, "relative_strength": 26.847567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.076826, "energy": 77.31142, "activity_lines": [ 708.346671, 691.787271, 658.285492, 634.48471 ] }, { "date": "2026-03-13", "close": 704.599976, "volume": 4212, "typical_volume": 2683.1, "trend": 607.005122, "fair_value": 439.252267, "relative_strength": 29.880831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.805515, "energy": 65.407673, "activity_lines": [ 708.193331, 697.270904, 664.899997, 641.197926 ] }, { "date": "2026-03-20", "close": 682.900024, "volume": 1761, "typical_volume": 2619.85, "trend": 612.485123, "fair_value": 441.673101, "relative_strength": 28.732779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.813972, "energy": 55.686138, "activity_lines": [ 699.17334, 696.990909, 668.879523, 646.094371 ] }, { "date": "2026-03-27", "close": 681.299988, "volume": 1172, "typical_volume": 2534.05, "trend": 618.225122, "fair_value": 443.956434, "relative_strength": 26.682027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.228559, "energy": 35.754433, "activity_lines": [ 691.013334, 695.565453, 672.349045, 650.53404 ] }, { "date": "2026-04-03", "close": 700.200012, "volume": 2540, "typical_volume": 2583.75, "trend": 624.558455, "fair_value": 446.271818, "relative_strength": 24.832189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.711456, "energy": 34.735852, "activity_lines": [ 691.520003, 697.134547, 677.239523, 655.822743 ] }, { "date": "2026-04-10", "close": 732.599976, "volume": 1435, "typical_volume": 2053.45, "trend": 631.608455, "fair_value": 448.769895, "relative_strength": 24.804718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.478037, "energy": 47.615668, "activity_lines": [ 705.206661, 703.841816, 684.780949, 662.793163 ] }, { "date": "2026-04-17", "close": 727.900024, "volume": 1937, "typical_volume": 2088.35, "trend": 638.141789, "fair_value": 451.27887, "relative_strength": 20.623468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.292132, "energy": 52.040542, "activity_lines": [ 714.400004, 708.425457, 691.101428, 669.005523 ] }, { "date": "2026-04-24", "close": 758.099976, "volume": 2222, "typical_volume": 2121.6, "trend": 645.661788, "fair_value": 453.990408, "relative_strength": 28.49913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.480309, "energy": 72.235776, "activity_lines": [ 732.106661, 717.630907, 699.676664, 676.744761 ] }, { "date": "2026-05-01", "close": 770.5, "volume": 1246, "typical_volume": 2115.9, "trend": 652.745121, "fair_value": 456.8231, "relative_strength": 29.977391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.478092, "energy": 84.214327, "activity_lines": [ 748.933329, 728.103634, 708.700474, 684.798839 ] }, { "date": "2026-05-08", "close": 762.5, "volume": 4283, "typical_volume": 2247.75, "trend": 659.781787, "fair_value": 459.618293, "relative_strength": 27.440658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.579466, "energy": 82.654909, "activity_lines": [ 757.146663, 736.145452, 716.131426, 691.879799 ] }, { "date": "2026-05-15", "close": 767.0, "volume": 1647, "typical_volume": 2311.9, "trend": 666.351786, "fair_value": 462.419895, "relative_strength": 29.460578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.066096, "energy": 81.661844, "activity_lines": [ 762.706665, 744.521816, 723.20476, 698.797103 ] }, { "date": "2026-05-22", "close": 781.599976, "volume": 3044, "typical_volume": 2414.8, "trend": 672.896665, "fair_value": 465.343292, "relative_strength": 28.039266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.117194, "energy": 75.357163, "activity_lines": [ 770.83999, 754.129085, 730.823806, 706.23247 ] }, { "date": "2026-05-29", "close": 765.5, "volume": 4350, "typical_volume": 2534.05, "trend": 678.153333, "fair_value": 468.175344, "relative_strength": 23.295997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.541724, "energy": 56.707949, "activity_lines": [ 770.02666, 759.409085, 736.066663, 712.206879 ] }, { "date": "2026-06-05", "close": 742.400024, "volume": 2051, "typical_volume": 2439.15, "trend": 682.843333, "fair_value": 470.841049, "relative_strength": 18.159241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.956563, "energy": 49.351518, "activity_lines": [ 761.020003, 758.987273, 738.49238, 716.351826 ] }, { "date": "2026-06-12", "close": 730.599976, "volume": 338, "typical_volume": 2390.65, "trend": 686.899998, "fair_value": 473.421498, "relative_strength": 13.662127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.23242, "energy": 36.169778, "activity_lines": [ 749.953329, 755.309087, 739.387616, 719.4329 ] }, { "date": "2026-06-19", "close": 750.900024, "volume": 72, "typical_volume": 2183.85, "trend": 692.923332, "fair_value": 476.195857, "relative_strength": 15.042974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.235057, "energy": 25.633861, "activity_lines": [ 747.780005, 754.769092, 741.874285, 723.561934 ] }, { "date": "2026-06-26", "close": 734.900024, "volume": 95, "typical_volume": 2038.45, "trend": 697.506665, "fair_value": 478.838485, "relative_strength": 12.339856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.340157, "energy": 24.549795, "activity_lines": [ 741.346679, 750.987278, 742.417621, 726.270108 ] }, { "date": "2026-07-03", "close": 746.0, "volume": 167, "typical_volume": 1962.0, "trend": 702.229999, "fair_value": 481.569895, "relative_strength": 11.686332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.285251, "energy": 20.820851, "activity_lines": [ 741.726676, 749.096369, 743.757145, 729.39871 ] }, { "date": "2026-07-10", "close": 718.900024, "volume": 944, "typical_volume": 1894.85, "trend": 706.326666, "fair_value": 484.118614, "relative_strength": 9.146043, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.690147, "energy": 13.4183, "activity_lines": [ 734.373348, 742.498191, 742.314766, 730.474195 ] }, { "date": "2026-07-17", "close": 716.799988, "volume": 1378, "typical_volume": 1852.15, "trend": 710.306665, "fair_value": 486.57246, "relative_strength": 8.203969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.063729, "energy": 13.273769, "activity_lines": [ 727.886674, 736.45637, 740.662384, 731.149894 ] }, { "date": "2026-07-24", "close": 728.0, "volume": 264, "typical_volume": 1757.9, "trend": 714.919999, "fair_value": 489.111562, "relative_strength": 8.869189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.732659, "energy": 15.744585, "activity_lines": [ 726.053337, 733.281824, 740.167622, 732.291399 ] }, { "date": "2026-07-31", "close": 710.0, "volume": 720, "typical_volume": 1583.3, "trend": 718.433333, "fair_value": 491.505793, "relative_strength": 4.030283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.007496, "energy": 21.470509, "activity_lines": [ 719.746667, 727.543641, 737.771431, 731.97398 ] }, { "date": "2026-08-07", "close": 723.700012, "volume": 915, "typical_volume": 1541.0, "trend": 721.36, "fair_value": 493.946178, "relative_strength": 3.09415, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.255145, "energy": 29.514324, "activity_lines": [ 719.666671, 725.598188, 736.654289, 732.313766 ] } ], "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." } } }