{ "ticker": { "uuid": "4eee0bb8-19aa-4473-9e03-faca3e373a1a", "symbol": "CL2", "name": "Amundi MSCI USA Daily (2x) Leveraged UCITS ETF Acc", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 72.033, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.52, "architecture_energy": 62.739, "architecture_maturity": 91.996, "architecture_confidence": 72.945, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 15.71, "rotation_up": 51.93, "upward_expansion": 81.58, "deceleration": 71.36, "rotation_down": 28.86, "downward_expansion": 10.58 }, "activity_lines": [ 31.011666, 30.809363, 30.015095, 28.780129 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 32.259998, "trend_reference": 27.344333, "distance_from_trend": 0.179769, "trend_direction": "Improving", "fair_value": 229.779668, "distance_from_fair_value": -0.859605, "fair_value_direction": "Improving", "relative_strength": 6.892184, "relative_strength_direction": "Improving", "price_momentum": 0.311915, "excess_performance": 0.141024, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.179769, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.074962, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.859605, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.089641, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.068922, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015067, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.311915, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.777573, "read": "Demand-led" } ], "volume": { "latest": 111930, "relative_activity": 2.4425, "balance": 1.777573, "dry_up": 1.489346, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.035672, "annualized_volatility": 0.237541, "from_high_reference": -0.007995, "from_low_reference": 0.480156 }, "levels": { "trend_reference": 27.344333, "fair_value_reference": 229.779668, "structural_low": 22.155001, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.009232, "positive_rate": 0.548387, "directional_follow_through": 0.548387, "median_excess_return": -0.003814, "regime_survival": 0.83871, "best_return": 0.137908, "worst_return": -0.996819, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.058811, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.03654, "regime_survival": 0.363636, "best_return": 0.144006, "worst_return": -0.996446, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.058536, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.026696, "regime_survival": 0.333333, "best_return": 0.399105, "worst_return": -0.996319, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.024743, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.055794, "regime_survival": 0.333333, "best_return": 0.106417, "worst_return": -0.995327, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-12-22", "end": "2024-01-12", "tenure": "New", "return": 0.011572, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-19", "end": "2024-03-22", "tenure": "Developing", "return": 0.198584, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-29", "end": "2024-05-24", "tenure": "Developing", "return": 0.002129, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-08-02", "tenure": "Developing", "return": 0.013254, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-10-04", "tenure": "Developing", "return": 0.137227, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-02-28", "tenure": "Established", "return": 0.120119, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.238, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.278497, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.092609, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": 0.036831, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2026-02-06", "tenure": "Established", "return": 0.055591, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": -0.030894, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-05-01", "tenure": "New", "return": 0.100102, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.142553, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3894.159912, "volume": 40, "typical_volume": 68.3, "trend": 3682.59834, "fair_value": 3524.510122, "relative_strength": -2.11358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.389877, "energy": 51.246909, "activity_lines": [ 4023.474691, 4021.430739, 3921.144721, 3806.251964 ] }, { "date": "2023-08-25", "close": 3998.179932, "volume": 24, "typical_volume": 64.6, "trend": 3700.722339, "fair_value": 3535.39198, "relative_strength": -0.375522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.84676, "energy": 35.029605, "activity_lines": [ 4002.488656, 4019.650728, 3940.864285, 3826.612066 ] }, { "date": "2023-09-01", "close": 4245.77002, "volume": 38, "typical_volume": 61.7, "trend": 3720.097673, "fair_value": 3548.796852, "relative_strength": 4.662719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.418637, "energy": 48.720384, "activity_lines": [ 4069.379313, 4062.75455, 3981.383762, 3861.776433 ] }, { "date": "2023-09-08", "close": 4218.97998, "volume": 97, "typical_volume": 65.1, "trend": 3740.960335, "fair_value": 3562.180121, "relative_strength": 6.072014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.315399, "energy": 52.002167, "activity_lines": [ 4124.654639, 4094.004727, 4015.289094, 3893.962388 ] }, { "date": "2023-09-15", "close": 4239.470215, "volume": 48, "typical_volume": 65.35, "trend": 3763.499007, "fair_value": 3575.830186, "relative_strength": 4.736323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.360333, "energy": 59.332562, "activity_lines": [ 4180.073389, 4125.548948, 4047.542591, 3926.124316 ] }, { "date": "2023-09-22", "close": 4035.090088, "volume": 86, "typical_volume": 65.2, "trend": 3782.403678, "fair_value": 3588.179226, "relative_strength": 1.22351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.858894, "energy": 50.689988, "activity_lines": [ 4151.999414, 4114.901141, 4056.486027, 3943.646321 ] }, { "date": "2023-09-29", "close": 4034.439941, "volume": 30, "typical_volume": 61.5, "trend": 3798.961344, "fair_value": 3599.936725, "relative_strength": 2.787163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.470997, "energy": 40.744713, "activity_lines": [ 4114.313379, 4102.196032, 4062.337401, 3959.906725 ] }, { "date": "2023-10-06", "close": 3940.580078, "volume": 81, "typical_volume": 64.05, "trend": 3819.383016, "fair_value": 3610.420188, "relative_strength": 2.335713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.619306, "energy": 17.339602, "activity_lines": [ 4042.923389, 4073.224401, 4056.674455, 3969.043418 ] }, { "date": "2023-10-13", "close": 13.718, "volume": 3595, "typical_volume": 243.0, "trend": 3709.415283, "fair_value": 3595.197355, "relative_strength": -99.640894, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -63.990602, "energy": 84.418236, "activity_lines": [ 2682.925368, 3335.094395, 3675.668405, 3723.516642 ] }, { "date": "2023-10-20", "close": 12.836, "volume": 6067, "typical_volume": 544.45, "trend": 3600.674147, "fair_value": 3580.701047, "relative_strength": -99.644951, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.463292, "energy": 98.024405, "activity_lines": [ 1602.984147, 2671.439701, 3312.262175, 3485.027656 ] }, { "date": "2023-10-27", "close": 12.33, "volume": 8499, "typical_volume": 966.25, "trend": 3485.79615, "fair_value": 3567.287585, "relative_strength": -99.649619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.567639, "energy": 98.096873, "activity_lines": [ 804.649873, 2080.350171, 2967.199489, 3253.521582 ] }, { "date": "2023-11-03", "close": 13.26, "volume": 20575, "typical_volume": 1989.95, "trend": 3372.426146, "fair_value": 3552.418098, "relative_strength": -99.633167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.841069, "energy": 93.994223, "activity_lines": [ 274.809605, 1560.008457, 2640.695231, 3029.486992 ] }, { "date": "2023-11-10", "close": 13.45, "volume": 15434, "typical_volume": 2760.4, "trend": 3259.787809, "fair_value": 3537.008035, "relative_strength": -99.617016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.666069, "energy": 89.032028, "activity_lines": [ 13.111333, 1112.154379, 2333.150162, 2812.778854 ] }, { "date": "2023-11-17", "close": 13.732, "volume": 27956, "typical_volume": 4156.4, "trend": 3144.835875, "fair_value": 3521.446509, "relative_strength": -99.613338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.329763, "energy": 88.556582, "activity_lines": [ 13.315733, 741.302846, 2043.957046, 2603.355898 ] }, { "date": "2023-11-24", "close": 13.916, "volume": 6727, "typical_volume": 4490.35, "trend": 3030.901076, "fair_value": 3505.515777, "relative_strength": -99.597656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.983089, "energy": 85.307534, "activity_lines": [ 13.580533, 446.943822, 1773.907731, 2401.361068 ] }, { "date": "2023-12-01", "close": 14.266, "volume": 16185, "typical_volume": 5298.75, "trend": 2918.084609, "fair_value": 3489.61979, "relative_strength": -99.584129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.610584, "energy": 67.497033, "activity_lines": [ 13.89, 229.476693, 1522.695529, 2206.73945 ] }, { "date": "2023-12-08", "close": 14.636, "volume": 37183, "typical_volume": 7152.35, "trend": 2802.118146, "fair_value": 3473.998674, "relative_strength": -99.569652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.178306, "energy": 66.789775, "activity_lines": [ 14.193733, 85.182729, 1290.157489, 2019.420185 ] }, { "date": "2023-12-15", "close": 15.066, "volume": 24131, "typical_volume": 8349.5, "trend": 2680.761346, "fair_value": 3458.115443, "relative_strength": -99.545937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.728394, "energy": 62.889879, "activity_lines": [ 14.549067, 14.054291, 1077.011562, 1839.610369 ] }, { "date": "2023-12-22", "close": 15.036, "volume": 46357, "typical_volume": 10658.4, "trend": 2557.018543, "fair_value": 3442.06875, "relative_strength": -99.535643, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -52.532042, "energy": 62.413337, "activity_lines": [ 14.786667, 14.293382, 883.81718, 1667.628088 ] }, { "date": "2023-12-29", "close": 14.92, "volume": 20799, "typical_volume": 11697.6, "trend": 2428.345873, "fair_value": 3426.012147, "relative_strength": -99.528007, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -52.186437, "energy": 61.577269, "activity_lines": [ 14.898667, 14.487418, 710.152912, 1503.621731 ] }, { "date": "2024-01-05", "close": 14.754, "volume": 18069, "typical_volume": 12599.05, "trend": 2299.137673, "fair_value": 3409.220956, "relative_strength": -99.523261, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.841609, "energy": 60.749019, "activity_lines": [ 14.8884, 14.613382, 555.492169, 1347.906126 ] }, { "date": "2024-01-12", "close": 15.21, "volume": 7821, "typical_volume": 12988.9, "trend": 2166.61501, "fair_value": 3392.317495, "relative_strength": -99.496792, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -53.0, "energy": 83.55, "activity_lines": [ 14.9976, 14.778182, 419.348215, 1200.555954 ] }, { "date": "2024-01-19", "close": 15.54, "volume": 13091, "typical_volume": 13641.55, "trend": 2038.409011, "fair_value": 3375.066662, "relative_strength": -99.470008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.0, "energy": 83.55, "activity_lines": [ 15.178533, 14.967527, 302.202213, 1061.776921 ] }, { "date": "2024-01-26", "close": 16.261999, "volume": 35183, "typical_volume": 15395.85, "trend": 1904.609411, "fair_value": 3358.667572, "relative_strength": -99.432449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.0, "energy": 83.55, "activity_lines": [ 15.568533, 15.250145, 205.268926, 931.315823 ] }, { "date": "2024-02-02", "close": 16.752001, "volume": 25911, "typical_volume": 16689.0, "trend": 1773.077479, "fair_value": 3340.563354, "relative_strength": -99.405381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.0, "energy": 83.55, "activity_lines": [ 16.040133, 15.575855, 128.395249, 809.518571 ] }, { "date": "2024-02-09", "close": 17.246, "volume": 49834, "typical_volume": 19176.4, "trend": 1642.704348, "fair_value": 3322.30461, "relative_strength": -99.379376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.0, "energy": 63.55, "activity_lines": [ 16.554267, 15.939818, 71.6768, 696.239121 ] }, { "date": "2024-02-16", "close": 17.412001, "volume": 13943, "typical_volume": 19872.05, "trend": 1507.338752, "fair_value": 3304.04866, "relative_strength": -99.367336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.0, "energy": 63.55, "activity_lines": [ 16.9576, 16.279782, 34.106753, 591.38155 ] }, { "date": "2024-02-23", "close": 17.624001, "volume": 46019, "typical_volume": 22168.95, "trend": 1367.743211, "fair_value": 3286.82093, "relative_strength": -99.360462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 17.284801, 16.607819, 15.6856, 495.270921 ] }, { "date": "2024-03-01", "close": 17.799999, "volume": 21844, "typical_volume": 23081.4, "trend": 1231.047205, "fair_value": 3270.098559, "relative_strength": -99.339564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 17.531734, 16.921346, 15.961952, 408.17781 ] }, { "date": "2024-03-08", "close": 17.648001, "volume": 34800, "typical_volume": 24518.05, "trend": 1098.002806, "fair_value": 3251.660469, "relative_strength": -99.33545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 17.625467, 17.156982, 16.204391, 329.893991 ] }, { "date": "2024-03-15", "close": 17.521999, "volume": 47149, "typical_volume": 26450.55, "trend": 968.781542, "fair_value": 3233.139777, "relative_strength": -99.329628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 17.617467, 17.320109, 16.411914, 260.185551 ] }, { "date": "2024-03-22", "close": 18.625999, "volume": 29069, "typical_volume": 26875.25, "trend": 836.129744, "fair_value": 3214.209879, "relative_strength": -99.272906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 17.959066, 17.633636, 16.699857, 198.885194 ] }, { "date": "2024-03-29", "close": 18.788, "volume": 42999, "typical_volume": 28253.5, "trend": 695.230343, "fair_value": 3194.445507, "relative_strength": -99.250609, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 18.273733, 17.914509, 16.977676, 146.153468 ] }, { "date": "2024-04-05", "close": 18.25, "volume": 25676, "typical_volume": 28139.5, "trend": 555.206011, "fair_value": 3174.096149, "relative_strength": -99.230632, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 18.331466, 18.038509, 17.178838, 102.477317 ] }, { "date": "2024-04-12", "close": 18.559999, "volume": 48203, "typical_volume": 30213.3, "trend": 414.509004, "fair_value": 3153.316534, "relative_strength": -99.184596, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.0, "energy": 60.4, "activity_lines": [ 18.462533, 18.182727, 17.388009, 67.854994 ] }, { "date": "2024-04-19", "close": 17.298, "volume": 15827, "typical_volume": 30195.4, "trend": 280.582601, "fair_value": 3132.824277, "relative_strength": -99.215778, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -50.513334, "energy": 62.679667, "activity_lines": [ 18.112133, 18.064618, 17.454876, 42.228478 ] }, { "date": "2024-04-26", "close": 17.997999, "volume": 13297, "typical_volume": 29001.1, "trend": 146.701203, "fair_value": 3112.177917, "relative_strength": -99.160519, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -54.333174, "energy": 64.016611, "activity_lines": [ 18.009999, 18.072836, 17.573971, 25.287536 ] }, { "date": "2024-05-03", "close": 17.788, "volume": 12078, "typical_volume": 28398.45, "trend": 15.941467, "fair_value": 3091.555853, "relative_strength": -99.1216, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.053043, "energy": 46.582007, "activity_lines": [ 17.879733, 18.032218, 17.657057, 16.970555 ] }, { "date": "2024-05-10", "close": 18.507999, "volume": 33053, "typical_volume": 27733.25, "trend": 16.101133, "fair_value": 3071.633597, "relative_strength": -99.075598, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.893959, "energy": 49.792514, "activity_lines": [ 18.056133, 18.119527, 17.795752, 17.136137 ] }, { "date": "2024-05-17", "close": 18.728001, "volume": 97420, "typical_volume": 31564.3, "trend": 16.297533, "fair_value": 3051.765444, "relative_strength": -99.042024, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.622829, "energy": 53.81871, "activity_lines": [ 18.288667, 18.233963, 17.938866, 17.305613 ] }, { "date": "2024-05-24", "close": 18.827999, "volume": 48827, "typical_volume": 33102.2, "trend": 16.514133, "fair_value": 3031.445944, "relative_strength": -98.961283, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.579651, "energy": 54.414116, "activity_lines": [ 18.543333, 18.346945, 18.073371, 17.468869 ] }, { "date": "2024-05-31", "close": 18.108, "volume": 40403, "typical_volume": 34731.3, "trend": 16.675733, "fair_value": 3010.962726, "relative_strength": -98.946022, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.958752, "energy": 46.894296, "activity_lines": [ 18.456, 18.305272, 18.119905, 17.571699 ] }, { "date": "2024-06-07", "close": 19.236, "volume": 18383, "typical_volume": 34995.9, "trend": 16.8686, "fair_value": 2990.014047, "relative_strength": -98.82083, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.82468, "energy": 53.444511, "activity_lines": [ 18.737333, 18.478109, 18.260066, 17.736877 ] }, { "date": "2024-06-14", "close": 20.08, "volume": 61762, "typical_volume": 36324.85, "trend": 17.0802, "fair_value": 2968.78161, "relative_strength": -98.613095, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.532724, "energy": 71.338839, "activity_lines": [ 19.203467, 18.796254, 18.463009, 17.944064 ] }, { "date": "2024-06-21", "close": 20.465, "volume": 106185, "typical_volume": 40338.55, "trend": 17.2985, "fair_value": 2946.804399, "relative_strength": -98.523296, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.919744, "energy": 84.61954, "activity_lines": [ 19.693133, 19.151127, 18.684438, 18.162439 ] }, { "date": "2024-06-28", "close": 20.605, "volume": 54187, "typical_volume": 40556.2, "trend": 17.5098, "fair_value": 2923.807317, "relative_strength": -98.401205, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.017296, "energy": 90.301742, "activity_lines": [ 20.113667, 19.496818, 18.901519, 18.375761 ] }, { "date": "2024-07-05", "close": 20.535, "volume": 61877, "typical_volume": 42952.9, "trend": 17.706433, "fair_value": 2900.572861, "relative_strength": -98.328253, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.233909, "energy": 88.801952, "activity_lines": [ 20.3924, 19.769654, 19.095938, 18.570935 ] }, { "date": "2024-07-12", "close": 20.875, "volume": 47834, "typical_volume": 43043.65, "trend": 17.900067, "fair_value": 2877.384046, "relative_strength": -98.198946, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.199972, "energy": 90.109804, "activity_lines": [ 20.622667, 20.058182, 19.307867, 18.775359 ] }, { "date": "2024-07-19", "close": 20.035, "volume": 54499, "typical_volume": 44676.4, "trend": 18.0667, "fair_value": 2853.245361, "relative_strength": -98.099495, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.758127, "energy": 72.30656, "activity_lines": [ 20.463667, 20.137855, 19.424314, 18.913097 ] }, { "date": "2024-07-26", "close": 19.658001, "volume": 43895, "typical_volume": 45131.15, "trend": 18.224633, "fair_value": 2829.555861, "relative_strength": -97.92949, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.872008, "energy": 51.478093, "activity_lines": [ 20.182, 20.121218, 19.494214, 19.015761 ] }, { "date": "2024-08-02", "close": 18.348, "volume": 22232, "typical_volume": 43885.3, "trend": 18.344433, "fair_value": 2805.099823, "relative_strength": -97.736817, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.266811, "energy": 15.812943, "activity_lines": [ 19.517467, 19.849491, 19.429781, 19.02372 ] }, { "date": "2024-08-09", "close": 18.422001, "volume": 99717, "typical_volume": 47417.7, "trend": 18.4515, "fair_value": 2780.468362, "relative_strength": -97.435732, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.006564, "energy": 20.952794, "activity_lines": [ 19.028067, 19.599946, 19.368462, 19.028725 ] }, { "date": "2024-08-16", "close": 19.68, "volume": 38344, "typical_volume": 47184.95, "trend": 18.5895, "fair_value": 2755.785991, "relative_strength": -97.00967, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.060129, "energy": 24.646289, "activity_lines": [ 19.098867, 19.573418, 19.427924, 19.107983 ] }, { "date": "2024-08-23", "close": 19.614, "volume": 45201, "typical_volume": 48161.2, "trend": 18.701233, "fair_value": 2730.707171, "relative_strength": -96.611892, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.240768, "energy": 21.735801, "activity_lines": [ 19.227334, 19.526818, 19.476852, 19.17408 ] }, { "date": "2024-08-30", "close": 19.854, "volume": 47051, "typical_volume": 48103.6, "trend": 18.804633, "fair_value": 2705.617452, "relative_strength": -95.979084, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.399832, "energy": 12.76302, "activity_lines": [ 19.463867, 19.532327, 19.542143, 19.248452 ] }, { "date": "2024-09-06", "close": 18.42, "volume": 41157, "typical_volume": 49370.1, "trend": 18.843767, "fair_value": 2680.89681, "relative_strength": -95.189467, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.739865, "energy": 3.539926, "activity_lines": [ 19.209333, 19.288218, 19.4647, 19.223637 ] }, { "date": "2024-09-13", "close": 19.898001, "volume": 23342, "typical_volume": 49872.35, "trend": 18.926633, "fair_value": 2656.186028, "relative_strength": -93.18013, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.934562, "energy": 18.249924, "activity_lines": [ 19.442667, 19.352564, 19.522676, 19.291652 ] }, { "date": "2024-09-20", "close": 20.115, "volume": 18147, "typical_volume": 50175.8, "trend": 19.009667, "fair_value": 2631.432983, "relative_strength": -90.049848, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.733143, "energy": 22.870117, "activity_lines": [ 19.649934, 19.467946, 19.592272, 19.368321 ] }, { "date": "2024-09-27", "close": 20.514999, "volume": 26304, "typical_volume": 49838.35, "trend": 19.100167, "fair_value": 2607.587567, "relative_strength": -81.834367, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.060267, "energy": 35.355228, "activity_lines": [ 19.961533, 19.669873, 19.688881, 19.465439 ] }, { "date": "2024-10-04", "close": 20.950001, "volume": 39741, "typical_volume": 46954.4, "trend": 19.210233, "fair_value": 2582.748144, "relative_strength": 15.661111, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.789804, "energy": 58.643269, "activity_lines": [ 20.358067, 19.942164, 19.817362, 19.584783 ] }, { "date": "2024-10-11", "close": 21.77, "volume": 43663, "typical_volume": 46696.2, "trend": 19.351833, "fair_value": 2557.250964, "relative_strength": 17.065886, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.881101, "energy": 72.012465, "activity_lines": [ 20.954867, 20.340055, 20.013357, 19.749929 ] }, { "date": "2024-10-18", "close": 22.5, "volume": 44743, "typical_volume": 46913.2, "trend": 19.480967, "fair_value": 2531.074811, "relative_strength": 17.205348, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.680248, "energy": 81.608533, "activity_lines": [ 21.571667, 20.808455, 20.264867, 19.953037 ] }, { "date": "2024-10-25", "close": 22.495001, "volume": 34042, "typical_volume": 47696.15, "trend": 19.604533, "fair_value": 2503.935484, "relative_strength": 17.811343, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.520093, "energy": 84.026464, "activity_lines": [ 22.013334, 21.2018, 20.494986, 20.14749 ] }, { "date": "2024-11-01", "close": 21.690001, "volume": 67058, "typical_volume": 47960.95, "trend": 19.7192, "fair_value": 2475.481188, "relative_strength": 13.275948, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.165801, "energy": 79.980325, "activity_lines": [ 22.028001, 21.3976, 20.632919, 20.282037 ] }, { "date": "2024-11-08", "close": 24.110001, "volume": 40304, "typical_volume": 44666.9, "trend": 19.9042, "fair_value": 2446.831315, "relative_strength": 28.037756, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.69898, "energy": 91.317054, "activity_lines": [ 22.771001, 21.995655, 20.993662, 20.565314 ] }, { "date": "2024-11-15", "close": 24.07, "volume": 75106, "typical_volume": 45712.85, "trend": 20.129933, "fair_value": 2417.136189, "relative_strength": 25.39083, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.228554, "energy": 91.144658, "activity_lines": [ 23.290001, 22.509055, 21.333238, 20.834076 ] }, { "date": "2024-11-22", "close": 25.48, "volume": 79146, "typical_volume": 46576.3, "trend": 20.379333, "fair_value": 2388.961766, "relative_strength": 34.175074, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.617614, "energy": 93.523344, "activity_lines": [ 24.125667, 23.176091, 21.7906, 21.179241 ] }, { "date": "2024-11-29", "close": 25.334999, "volume": 53784, "typical_volume": 46873.8, "trend": 20.6309, "fair_value": 2361.700836, "relative_strength": 32.466022, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.32229, "energy": 91.834044, "activity_lines": [ 24.714333, 23.715273, 22.210605, 21.498961 ] }, { "date": "2024-12-06", "close": 25.754999, "volume": 23109, "typical_volume": 45304.3, "trend": 20.872467, "fair_value": 2332.71747, "relative_strength": 28.368302, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.009076, "energy": 91.668454, "activity_lines": [ 25.253666, 24.235909, 22.649372, 21.829549 ] }, { "date": "2024-12-13", "close": 25.690001, "volume": 22983, "typical_volume": 44258.7, "trend": 21.104533, "fair_value": 2303.902407, "relative_strength": 26.521457, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.100899, "energy": 89.702056, "activity_lines": [ 25.500333, 24.649455, 23.05471, 22.140357 ] }, { "date": "2024-12-20", "close": 25.205, "volume": 42447, "typical_volume": 45269.45, "trend": 21.3171, "fair_value": 2274.379169, "relative_strength": 27.205899, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.579851, "energy": 75.820859, "activity_lines": [ 25.48, 24.888636, 23.385133, 22.404903 ] }, { "date": "2024-12-27", "close": 25.215, "volume": 6008, "typical_volume": 40584.0, "trend": 21.554, "fair_value": 2244.063881, "relative_strength": 24.776715, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.228312, "energy": 63.979433, "activity_lines": [ 25.387333, 25.067182, 23.683857, 22.656381 ] }, { "date": "2025-01-03", "close": 25.51, "volume": 19499, "typical_volume": 39641.75, "trend": 21.763133, "fair_value": 2215.575933, "relative_strength": 25.288192, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.083659, "energy": 61.437241, "activity_lines": [ 25.410667, 25.25, 23.978329, 22.911607 ] }, { "date": "2025-01-10", "close": 24.905001, "volume": 84225, "typical_volume": 41592.95, "trend": 21.923967, "fair_value": 2188.183338, "relative_strength": 18.161435, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.215198, "energy": 49.187905, "activity_lines": [ 25.220667, 25.268, 24.187419, 23.114308 ] }, { "date": "2025-01-17", "close": 26.245001, "volume": 85589, "typical_volume": 43519.85, "trend": 22.116634, "fair_value": 2162.128113, "relative_strength": 19.66813, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.041824, "energy": 57.214975, "activity_lines": [ 25.534001, 25.471182, 24.498934, 23.393084 ] }, { "date": "2025-01-24", "close": 26.105, "volume": 112767, "typical_volume": 47100.35, "trend": 22.299967, "fair_value": 2136.836349, "relative_strength": 18.549555, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.33595, "energy": 55.072762, "activity_lines": [ 25.763667, 25.610091, 24.766681, 23.650398 ] }, { "date": "2025-01-31", "close": 26.629999, "volume": 115821, "typical_volume": 51724.3, "trend": 22.503134, "fair_value": 2111.533208, "relative_strength": 19.3379, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.433241, "energy": 56.515873, "activity_lines": [ 26.108333, 25.807455, 25.047833, 23.929755 ] }, { "date": "2025-02-07", "close": 26.299999, "volume": 98556, "typical_volume": 55744.75, "trend": 22.683967, "fair_value": 2085.702695, "relative_strength": 15.434874, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.70099, "energy": 58.055177, "activity_lines": [ 26.248666, 25.923909, 25.2655, 24.174714 ] }, { "date": "2025-02-14", "close": 26.09, "volume": 86702, "typical_volume": 58764.65, "trend": 22.8858, "fair_value": 2061.197118, "relative_strength": 11.252003, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.109747, "energy": 53.958888, "activity_lines": [ 26.266333, 25.984636, 25.433714, 24.394458 ] }, { "date": "2025-02-21", "close": 25.995001, "volume": 120308, "typical_volume": 62793.0, "trend": 23.097034, "fair_value": 2036.365869, "relative_strength": 9.101165, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.040577, "energy": 51.000704, "activity_lines": [ 26.173333, 26.022, 25.566333, 24.595052 ] }, { "date": "2025-02-28", "close": 24.385, "volume": 95419, "typical_volume": 65380.8, "trend": 23.298267, "fair_value": 2010.825709, "relative_strength": 1.440187, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.411185, "energy": 24.4153, "activity_lines": [ 25.560333, 25.761091, 25.521595, 24.678146 ] }, { "date": "2025-03-07", "close": 20.895, "volume": 431727, "typical_volume": 84730.0, "trend": 23.3807, "fair_value": 1985.87119, "relative_strength": -12.973623, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -22.929198, "energy": 30.955504, "activity_lines": [ 23.898667, 24.880545, 25.132024, 24.523097 ] }, { "date": "2025-03-14", "close": 20.184999, "volume": 458651, "typical_volume": 105960.45, "trend": 23.397533, "fair_value": 1959.396351, "relative_strength": -16.080929, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.048577, "energy": 53.550772, "activity_lines": [ 22.382666, 23.949454, 24.682476, 24.316923 ] }, { "date": "2025-03-21", "close": 20.705, "volume": 257096, "typical_volume": 115462.35, "trend": 23.4339, "fair_value": 1931.489203, "relative_strength": -14.72776, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.220323, "energy": 72.538168, "activity_lines": [ 21.447666, 23.209727, 24.293452, 24.143211 ] }, { "date": "2025-03-28", "close": 20.17, "volume": 107887, "typical_volume": 118841.5, "trend": 23.444433, "fair_value": 1903.538178, "relative_strength": -16.242475, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.379621, "energy": 81.052219, "activity_lines": [ 20.693333, 22.449091, 23.858167, 23.932637 ] }, { "date": "2025-04-04", "close": 16.708, "volume": 248122, "typical_volume": 127492.3, "trend": 23.387367, "fair_value": 1875.187076, "relative_strength": -22.298146, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -67.039891, "energy": 87.590882, "activity_lines": [ 19.173333, 21.169454, 23.111929, 23.498028 ] }, { "date": "2025-04-11", "close": 15.922, "volume": 521625, "typical_volume": 149616.25, "trend": 23.254833, "fair_value": 1847.334973, "relative_strength": -24.410595, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.674429, "energy": 94.907077, "activity_lines": [ 17.903133, 19.917764, 22.32589, 23.016391 ] }, { "date": "2025-04-18", "close": 16.054001, "volume": 274744, "typical_volume": 160664.25, "trend": 23.119467, "fair_value": 1820.707305, "relative_strength": -27.775802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.009411, "energy": 91.632603, "activity_lines": [ 17.008467, 18.884764, 21.597938, 22.551822 ] }, { "date": "2025-04-25", "close": 17.268, "volume": 146184, "typical_volume": 166818.0, "trend": 23.011233, "fair_value": 1794.403703, "relative_strength": -25.012367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.973626, "energy": 82.190928, "activity_lines": [ 16.793867, 18.258782, 21.0298, 22.174308 ] }, { "date": "2025-05-02", "close": 18.518, "volume": 107088, "typical_volume": 171023.25, "trend": 22.930167, "fair_value": 1769.474908, "relative_strength": -21.528177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.715786, "energy": 65.145997, "activity_lines": [ 17.225067, 18.020473, 20.621124, 21.884422 ] }, { "date": "2025-05-09", "close": 18.766001, "volume": 88614, "typical_volume": 173331.6, "trend": 22.830033, "fair_value": 1745.315268, "relative_strength": -22.442975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.668903, "energy": 55.386902, "activity_lines": [ 17.849067, 17.9632, 20.270219, 21.615766 ] }, { "date": "2025-05-16", "close": 20.985001, "volume": 365701, "typical_volume": 191316.25, "trend": 22.779533, "fair_value": 1723.538953, "relative_strength": -15.981595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.233614, "energy": 31.343031, "activity_lines": [ 19.075534, 18.411546, 20.16131, 21.496731 ] }, { "date": "2025-05-23", "close": 19.378, "volume": 79686, "typical_volume": 194325.6, "trend": 22.675633, "fair_value": 1699.622594, "relative_strength": -19.95668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.123145, "energy": 27.145564, "activity_lines": [ 19.4288, 18.566073, 19.919495, 21.277278 ] }, { "date": "2025-05-30", "close": 20.035, "volume": 22516, "typical_volume": 191240.15, "trend": 22.620467, "fair_value": 1675.971856, "relative_strength": -18.441837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.279013, "energy": 26.462444, "activity_lines": [ 19.779467, 18.854728, 19.769453, 21.106914 ] }, { "date": "2025-06-06", "close": 20.525, "volume": 44521, "typical_volume": 189186.75, "trend": 22.500967, "fair_value": 1653.775798, "relative_strength": -17.378668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.575841, "energy": 26.485986, "activity_lines": [ 20.109, 19.244655, 19.689267, 20.971723 ] }, { "date": "2025-06-13", "close": 19.997999, "volume": 116198, "typical_volume": 189358.3, "trend": 22.365233, "fair_value": 1633.93335, "relative_strength": -16.844837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.697135, "energy": 19.59661, "activity_lines": [ 20.129066, 19.532309, 19.586129, 20.810241 ] }, { "date": "2025-06-20", "close": 19.9, "volume": 95569, "typical_volume": 188345.7, "trend": 22.179233, "fair_value": 1612.139439, "relative_strength": -16.531562, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.388812, "energy": 14.9017, "activity_lines": [ 20.034333, 19.742327, 19.502738, 20.651194 ] }, { "date": "2025-06-27", "close": 20.559999, "volume": 156059, "typical_volume": 191220.85, "trend": 22.020067, "fair_value": 1590.995144, "relative_strength": -14.590586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.02955, "energy": 13.331488, "activity_lines": [ 20.231933, 20.000018, 19.514252, 20.546727 ] }, { "date": "2025-07-04", "close": 20.76, "volume": 88557, "typical_volume": 191313.6, "trend": 21.853567, "fair_value": 1567.18399, "relative_strength": -13.277654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.690022, "energy": 10.38733, "activity_lines": [ 20.4174, 20.212145, 19.572148, 20.465432 ] }, { "date": "2025-07-11", "close": 21.145, "volume": 68800, "typical_volume": 188738.2, "trend": 21.702067, "fair_value": 1543.7721, "relative_strength": -12.462449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.479225, "energy": 19.93598, "activity_lines": [ 20.682866, 20.430782, 19.69209, 20.419718 ] }, { "date": "2025-07-18", "close": 21.6, "volume": 27629, "typical_volume": 185348.7, "trend": 21.5819, "fair_value": 1519.409791, "relative_strength": -10.956601, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.317292, "energy": 37.233506, "activity_lines": [ 21.058667, 20.684382, 19.878462, 20.413133 ] }, { "date": "2025-07-25", "close": 21.85, "volume": 35963, "typical_volume": 165560.5, "trend": 21.469733, "fair_value": 1493.583317, "relative_strength": -10.713594, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.61217, "energy": 49.3088, "activity_lines": [ 21.411, 20.931909, 20.101905, 20.43043 ] }, { "date": "2025-08-01", "close": 21.584999, "volume": 86211, "typical_volume": 146938.5, "trend": 21.3389, "fair_value": 1467.184632, "relative_strength": -9.973388, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.626214, "energy": 51.357768, "activity_lines": [ 21.545, 21.115527, 20.295562, 20.437867 ] }, { "date": "2025-08-08", "close": 22.094999, "volume": 31592, "typical_volume": 135663.3, "trend": 21.245233, "fair_value": 1439.506781, "relative_strength": -11.429433, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.597916, "energy": 55.923336, "activity_lines": [ 21.780666, 21.351745, 20.531124, 20.486647 ] }, { "date": "2025-08-15", "close": 22.615, "volume": 53083, "typical_volume": 132923.1, "trend": 21.124233, "fair_value": 1411.010404, "relative_strength": -11.347948, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.694213, "energy": 67.099256, "activity_lines": [ 22.100666, 21.645054, 20.80959, 20.575019 ] }, { "date": "2025-08-22", "close": 22.485001, "volume": 31176, "typical_volume": 122075.8, "trend": 21.003567, "fair_value": 1383.782743, "relative_strength": -13.01439, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.812676, "energy": 67.657537, "activity_lines": [ 22.279333, 21.876727, 21.064033, 20.662811 ] }, { "date": "2025-08-29", "close": 22.469999, "volume": 48973, "typical_volume": 98443.2, "trend": 20.8649, "fair_value": 1358.125628, "relative_strength": -10.647672, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.27636, "energy": 71.35565, "activity_lines": [ 22.394, 22.060454, 21.289538, 20.757419 ] }, { "date": "2025-09-05", "close": 22.379999, "volume": 13878, "typical_volume": 85399.9, "trend": 20.734233, "fair_value": 1331.858129, "relative_strength": -9.702953, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.29922, "energy": 78.115502, "activity_lines": [ 22.437333, 22.181091, 21.47529, 20.855168 ] }, { "date": "2025-09-12", "close": 23.295, "volume": 27834, "typical_volume": 79482.4, "trend": 20.641067, "fair_value": 1305.35156, "relative_strength": -7.991362, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.903164, "energy": 83.716901, "activity_lines": [ 22.732666, 22.435, 21.718062, 21.020378 ] }, { "date": "2025-09-19", "close": 23.559999, "volume": 27609, "typical_volume": 75508.45, "trend": 20.5599, "fair_value": 1282.317009, "relative_strength": -6.267973, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.052081, "energy": 82.415765, "activity_lines": [ 23.036333, 22.691, 21.957371, 21.208697 ] }, { "date": "2025-09-26", "close": 23.655001, "volume": 25964, "typical_volume": 72375.95, "trend": 20.535567, "fair_value": 1259.948516, "relative_strength": -6.517926, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.574373, "energy": 82.322574, "activity_lines": [ 23.308667, 22.920363, 22.181719, 21.40838 ] }, { "date": "2025-10-03", "close": 24.285, "volume": 21091, "typical_volume": 55145.45, "trend": 20.648567, "fair_value": 1237.520406, "relative_strength": -5.19482, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.845056, "energy": 89.106592, "activity_lines": [ 23.713, 23.226909, 22.442785, 21.650279 ] }, { "date": "2025-10-10", "close": 23.985001, "volume": 118935, "typical_volume": 57107.9, "trend": 20.775233, "fair_value": 1215.473964, "relative_strength": -3.470474, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.44819, "energy": 76.386229, "activity_lines": [ 23.896334, 23.434636, 22.659567, 21.865533 ] }, { "date": "2025-10-17", "close": 23.65, "volume": 83057, "typical_volume": 60134.95, "trend": 20.8734, "fair_value": 1193.036848, "relative_strength": -3.930178, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.604448, "energy": 60.650965, "activity_lines": [ 23.861, 23.537818, 22.822505, 22.051002 ] }, { "date": "2025-10-24", "close": 24.655001, "volume": 52821, "typical_volume": 60549.95, "trend": 21.0229, "fair_value": 1169.184764, "relative_strength": -1.351962, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.603081, "energy": 63.886677, "activity_lines": [ 24.137001, 23.795455, 23.063943, 22.294976 ] }, { "date": "2025-10-31", "close": 25.834999, "volume": 97497, "typical_volume": 59614.9, "trend": 21.327133, "fair_value": 1146.735502, "relative_strength": 1.812452, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.226622, "energy": 72.850638, "activity_lines": [ 24.733333, 24.230546, 23.398095, 22.605434 ] }, { "date": "2025-11-07", "close": 24.17, "volume": 76850, "typical_volume": 58678.95, "trend": 21.602067, "fair_value": 1123.573451, "relative_strength": -3.706771, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.664646, "energy": 57.792101, "activity_lines": [ 24.629333, 24.302, 23.545881, 22.788845 ] }, { "date": "2025-11-14", "close": 24.790001, "volume": 57637, "typical_volume": 53757.85, "trend": 21.893267, "fair_value": 1100.532747, "relative_strength": -3.207271, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.061133, "energy": 55.291893, "activity_lines": [ 24.739667, 24.455273, 23.732381, 22.994518 ] }, { "date": "2025-11-21", "close": 23.84, "volume": 95159, "typical_volume": 54087.95, "trend": 22.112333, "fair_value": 1076.884927, "relative_strength": -3.36358, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.757937, "energy": 44.413479, "activity_lines": [ 24.479667, 24.392, 23.808262, 23.120114 ] }, { "date": "2025-11-28", "close": 25.370001, "volume": 37428, "typical_volume": 52519.35, "trend": 22.340733, "fair_value": 1053.217427, "relative_strength": 1.775592, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.533588, "energy": 43.310474, "activity_lines": [ 24.717, 24.597, 24.015191, 23.330286 ] }, { "date": "2025-12-05", "close": 25.51, "volume": 34003, "typical_volume": 52838.05, "trend": 22.565533, "fair_value": 1030.95185, "relative_strength": 2.686441, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.576636, "energy": 46.46364, "activity_lines": [ 24.953334, 24.794546, 24.215333, 23.534755 ] }, { "date": "2025-12-12", "close": 24.665001, "volume": 44478, "typical_volume": 53263.8, "trend": 22.6882, "fair_value": 1010.349766, "relative_strength": -0.331767, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.177856, "energy": 38.796565, "activity_lines": [ 24.929667, 24.804728, 24.316381, 23.670204 ] }, { "date": "2025-12-19", "close": 24.795, "volume": 109700, "typical_volume": 54438.25, "trend": 22.868767, "fair_value": 990.051593, "relative_strength": -1.953075, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.144031, "energy": 39.426775, "activity_lines": [ 24.916334, 24.831637, 24.416405, 23.806127 ] }, { "date": "2025-12-26", "close": 25.0, "volume": 9010, "typical_volume": 53309.15, "trend": 23.034267, "fair_value": 970.128708, "relative_strength": -0.20431, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.060052, "energy": 36.144406, "activity_lines": [ 24.971, 24.881091, 24.520667, 23.943626 ] }, { "date": "2026-01-02", "close": 24.76, "volume": 15824, "typical_volume": 51446.2, "trend": 23.175433, "fair_value": 949.376016, "relative_strength": -2.157001, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.005704, "energy": 28.941336, "activity_lines": [ 24.868333, 24.862364, 24.588238, 24.054964 ] }, { "date": "2026-01-09", "close": 26.049999, "volume": 63104, "typical_volume": 53042.6, "trend": 23.377167, "fair_value": 928.244798, "relative_strength": 2.659269, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.867012, "energy": 40.527062, "activity_lines": [ 25.236333, 25.076273, 24.768453, 24.240419 ] }, { "date": "2026-01-16", "close": 26.155001, "volume": 148063, "typical_volume": 57997.1, "trend": 23.585667, "fair_value": 907.918227, "relative_strength": 3.437583, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.354574, "energy": 51.507932, "activity_lines": [ 25.603333, 25.305364, 24.941691, 24.419635 ] }, { "date": "2026-01-23", "close": 25.16, "volume": 95085, "typical_volume": 62057.45, "trend": 23.739, "fair_value": 885.935535, "relative_strength": 2.220355, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.39017, "energy": 38.758237, "activity_lines": [ 25.539333, 25.317455, 25.002619, 24.521204 ] }, { "date": "2026-01-30", "close": 24.690001, "volume": 52548, "typical_volume": 63293.15, "trend": 23.87, "fair_value": 862.603356, "relative_strength": -0.566263, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.70729, "energy": 33.937331, "activity_lines": [ 25.294334, 25.237364, 25.005548, 24.582559 ] }, { "date": "2026-02-06", "close": 24.59, "volume": 57497, "typical_volume": 64787.55, "trend": 23.984833, "fair_value": 839.728291, "relative_strength": -1.118771, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.09532, "energy": 18.421126, "activity_lines": [ 25.036667, 25.123637, 24.99231, 24.629011 ] }, { "date": "2026-02-13", "close": 24.115, "volume": 60183, "typical_volume": 66498.5, "trend": 24.068667, "fair_value": 817.041143, "relative_strength": -1.531299, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.55043, "energy": 14.386485, "activity_lines": [ 24.632, 24.937727, 24.928929, 24.637409 ] }, { "date": "2026-02-20", "close": 24.635, "volume": 26812, "typical_volume": 66784.55, "trend": 24.1615, "fair_value": 794.968611, "relative_strength": -1.146814, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.430852, "energy": 16.54311, "activity_lines": [ 24.529667, 24.871727, 24.912881, 24.673946 ] }, { "date": "2026-02-27", "close": 24.365, "volume": 30846, "typical_volume": 62380.1, "trend": 24.254167, "fair_value": 772.447169, "relative_strength": -3.358885, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.113008, "energy": 15.305275, "activity_lines": [ 24.438667, 24.757182, 24.869453, 24.687075 ] }, { "date": "2026-03-06", "close": 25.030001, "volume": 64227, "typical_volume": 61438.6, "trend": 24.352, "fair_value": 751.274734, "relative_strength": 6.057556, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.993559, "energy": 12.768762, "activity_lines": [ 24.622334, 24.771364, 24.887548, 24.737129 ] }, { "date": "2026-03-13", "close": 24.395, "volume": 83914, "typical_volume": 62993.25, "trend": 24.411334, "fair_value": 730.195535, "relative_strength": 2.877384, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.058563, "energy": 6.596975, "activity_lines": [ 24.571667, 24.669546, 24.838595, 24.739903 ] }, { "date": "2026-03-20", "close": 23.215, "volume": 46944, "typical_volume": 60465.6, "trend": 24.435667, "fair_value": 709.35031, "relative_strength": 1.232366, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.791991, "energy": 28.091504, "activity_lines": [ 24.140667, 24.359818, 24.6785, 24.662721 ] }, { "date": "2026-03-27", "close": 22.33, "volume": 70991, "typical_volume": 60172.65, "trend": 24.431, "fair_value": 687.32249, "relative_strength": -3.814074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.85458, "energy": 51.724345, "activity_lines": [ 23.474667, 23.940727, 24.446595, 24.526871 ] }, { "date": "2026-04-03", "close": 23.370001, "volume": 42504, "typical_volume": 59416.0, "trend": 24.464, "fair_value": 665.585374, "relative_strength": -4.392912, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.26122, "energy": 61.278652, "activity_lines": [ 23.309, 23.780273, 24.3225, 24.45842 ] }, { "date": "2026-04-10", "close": 24.424999, "volume": 57688, "typical_volume": 57542.45, "trend": 24.501667, "fair_value": 643.994508, "relative_strength": -4.395824, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.491262, "energy": 53.229563, "activity_lines": [ 23.561333, 23.844182, 24.305643, 24.455903 ] }, { "date": "2026-04-17", "close": 26.275, "volume": 71931, "typical_volume": 59267.6, "trend": 24.592167, "fair_value": 621.968771, "relative_strength": -0.133607, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.223662, "energy": 5.741958, "activity_lines": [ 24.470667, 24.249273, 24.462191, 24.570312 ] }, { "date": "2026-04-24", "close": 26.77, "volume": 68985, "typical_volume": 61016.7, "trend": 24.696, "fair_value": 600.14063, "relative_strength": 3.968539, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 41.905463, "energy": 35.213388, "activity_lines": [ 25.419667, 24.713727, 24.661572, 24.710817 ] }, { "date": "2026-05-01", "close": 26.870001, "volume": 43746, "typical_volume": 60980.1, "trend": 24.782167, "fair_value": 578.525951, "relative_strength": 2.810708, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "up", "direction": 70.891575, "energy": 61.07446, "activity_lines": [ 26.165, 25.148091, 24.864476, 24.851075 ] }, { "date": "2026-05-08", "close": 28.235001, "volume": 61023, "typical_volume": 58546.25, "trend": 24.923834, "fair_value": 556.311881, "relative_strength": 5.385459, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.881839, "energy": 85.856984, "activity_lines": [ 27.062667, 25.79, 25.186881, 25.073839 ] }, { "date": "2026-05-15", "close": 29.299999, "volume": 68770, "typical_volume": 61534.25, "trend": 25.112167, "fair_value": 533.065278, "relative_strength": 9.436684, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.172826, "energy": 93.34503, "activity_lines": [ 27.991, 26.555182, 25.594333, 25.356172 ] }, { "date": "2026-05-22", "close": 29.955, "volume": 59754, "typical_volume": 63730.75, "trend": 25.288833, "fair_value": 509.36422, "relative_strength": 10.545457, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.019206, "energy": 94.920429, "activity_lines": [ 28.812667, 27.361818, 26.043691, 25.668613 ] }, { "date": "2026-05-29", "close": 30.295, "volume": 55968, "typical_volume": 63373.95, "trend": 25.4375, "fair_value": 484.718033, "relative_strength": 10.215715, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.75722, "energy": 93.700523, "activity_lines": [ 29.502333, 28.129182, 26.500691, 25.991592 ] }, { "date": "2026-06-05", "close": 30.305, "volume": 3827, "typical_volume": 56162.15, "trend": 25.642, "fair_value": 459.969989, "relative_strength": 10.177338, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.677204, "energy": 91.271684, "activity_lines": [ 29.960333, 28.769636, 26.938429, 26.305624 ] }, { "date": "2026-06-12", "close": 29.690001, "volume": 12887, "typical_volume": 52052.25, "trend": 25.805334, "fair_value": 434.577682, "relative_strength": 4.326496, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.101844, "energy": 86.63205, "activity_lines": [ 29.984334, 29.153273, 27.297834, 26.566785 ] }, { "date": "2026-06-19", "close": 30.610001, "volume": 1441, "typical_volume": 49496.9, "trend": 26.031, "fair_value": 410.019284, "relative_strength": 4.54589, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.035705, "energy": 85.099594, "activity_lines": [ 30.218001, 29.589273, 27.723286, 26.876764 ] }, { "date": "2026-06-26", "close": 29.924999, "volume": 5928, "typical_volume": 46918.45, "trend": 26.182834, "fair_value": 384.376175, "relative_strength": 5.122049, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.809421, "energy": 65.070997, "activity_lines": [ 30.136, 29.788273, 28.05531, 27.127989 ] }, { "date": "2026-07-03", "close": 30.889999, "volume": 414, "typical_volume": 43930.0, "trend": 26.362167, "fair_value": 359.172201, "relative_strength": 5.097821, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.54141, "energy": 68.001463, "activity_lines": [ 30.377666, 30.096364, 28.453833, 27.431678 ] }, { "date": "2026-07-10", "close": 31.355, "volume": 17660, "typical_volume": 43472.4, "trend": 26.585167, "fair_value": 334.190887, "relative_strength": 6.843195, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.585436, "energy": 70.311533, "activity_lines": [ 30.734666, 30.414091, 28.864381, 27.753796 ] }, { "date": "2026-07-17", "close": 30.655001, "volume": 17608, "typical_volume": 42810.5, "trend": 26.7805, "fair_value": 308.243933, "relative_strength": 5.731077, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.337473, "energy": 65.380653, "activity_lines": [ 30.788333, 30.523, 29.176262, 28.016366 ] }, { "date": "2026-07-24", "close": 30.65, "volume": 130895, "typical_volume": 46143.9, "trend": 26.968833, "fair_value": 281.482137, "relative_strength": 5.676479, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.051204, "energy": 63.765287, "activity_lines": [ 30.776, 30.587, 29.457714, 28.266011 ] }, { "date": "2026-07-31", "close": 29.815001, "volume": 12570, "typical_volume": 42576.7, "trend": 27.137334, "fair_value": 255.271463, "relative_strength": 1.957739, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.896262, "energy": 55.081801, "activity_lines": [ 30.482667, 30.474637, 29.632881, 28.449635 ] }, { "date": "2026-08-07", "close": 32.259998, "volume": 111930, "typical_volume": 45826.0, "trend": 27.344333, "fair_value": 229.779668, "relative_strength": 6.892184, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.520131, "energy": 62.738535, "activity_lines": [ 31.011666, 30.809363, 30.015095, 28.780129 ] } ], "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." } } }