{ "ticker": { "uuid": "508577d6-70d3-4a56-a934-1a5ed71ac5e2", "symbol": "IUES", "name": "iShares S&P 500 EUR Hedged UCITS ETF (Acc)", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 80.245, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.873, "architecture_energy": 57.47, "architecture_maturity": 62.59, "architecture_confidence": 66.411, "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": 31.87, "rotation_up": 52.04, "upward_expansion": 79.45, "deceleration": 68.8, "rotation_down": 27.36, "downward_expansion": 8.45 }, "activity_lines": [ 155.255333, 154.525635, 153.226323, 150.425681 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 159.320007, "trend_reference": 147.329866, "distance_from_trend": 0.081383, "trend_direction": "Improving", "fair_value": 123.336551, "distance_from_fair_value": 0.29175, "fair_value_direction": "Improving", "relative_strength": -1.147833, "relative_strength_direction": "Weakening", "price_momentum": 0.117376, "excess_performance": 0.000714, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.081383, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.030329, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.29175, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.006401, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.011478, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.049499, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.117376, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.194611, "read": "Demand-led" } ], "volume": { "latest": 15591, "relative_activity": 0.669682, "balance": 3.194611, "dry_up": 0.635448, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.019569, "annualized_volatility": 0.132705, "from_high_reference": -0.003503, "from_low_reference": 0.210638 }, "levels": { "trend_reference": 147.329866, "fair_value_reference": 123.336551, "structural_low": 131.600006, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 38, "median_return": 0.010663, "positive_rate": 0.736842, "directional_follow_through": 0.736842, "median_excess_return": 0.004977, "regime_survival": 0.789474, "best_return": 0.062128, "worst_return": -0.088679, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.035175, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.002233, "regime_survival": 0.615385, "best_return": 0.101211, "worst_return": -0.098513, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.069609, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.01182, "regime_survival": 0.625, "best_return": 0.144111, "worst_return": -0.170792, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.129613, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.012656, "regime_survival": 0.25, "best_return": 0.214759, "worst_return": -0.111306, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.038553, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.0033, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.010465, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.090176, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.049725, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.027383, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.01118, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.08111, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.11859, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.040294, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-02-13", "tenure": "Extended", "return": 0.081855, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.050407, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.110626, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.080136, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 92.398003, "volume": 94358, "typical_volume": 46875.7, "trend": 89.721266, "fair_value": 88.775609, "relative_strength": 5.475645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.035534, "energy": 42.557944, "activity_lines": [ 94.576402, 94.855637, 93.328253, 91.667587 ] }, { "date": "2023-08-25", "close": 92.918999, "volume": 35195, "typical_volume": 46535.45, "trend": 89.928733, "fair_value": 88.882077, "relative_strength": 6.301903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.393086, "energy": 25.7495, "activity_lines": [ 93.779401, 94.536383, 93.445629, 91.873893 ] }, { "date": "2023-09-01", "close": 95.660004, "volume": 56019, "typical_volume": 48494.1, "trend": 90.144033, "fair_value": 89.022494, "relative_strength": 7.565708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.19872, "energy": 28.940087, "activity_lines": [ 94.136069, 94.734529, 93.795615, 92.243652 ] }, { "date": "2023-09-08", "close": 94.744003, "volume": 34591, "typical_volume": 49047.0, "trend": 90.400267, "fair_value": 89.161006, "relative_strength": 7.526942, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.256389, "energy": 22.499602, "activity_lines": [ 94.290402, 94.706202, 94.021363, 92.540424 ] }, { "date": "2023-09-15", "close": 94.664001, "volume": 19443, "typical_volume": 48712.2, "trend": 90.6731, "fair_value": 89.301295, "relative_strength": 7.039323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.115618, "energy": 28.615468, "activity_lines": [ 94.500802, 94.655402, 94.206334, 92.815504 ] }, { "date": "2023-09-22", "close": 92.230003, "volume": 31519, "typical_volume": 49157.25, "trend": 90.9324, "fair_value": 89.435955, "relative_strength": 5.882532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.560913, "energy": 19.807747, "activity_lines": [ 93.885136, 94.145602, 94.129054, 92.915949 ] }, { "date": "2023-09-29", "close": 91.220001, "volume": 58104, "typical_volume": 50980.35, "trend": 91.116534, "fair_value": 89.551615, "relative_strength": 4.874339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.861116, "energy": 10.131389, "activity_lines": [ 92.944002, 93.517111, 93.93363, 92.934504 ] }, { "date": "2023-10-06", "close": 90.532997, "volume": 239804, "typical_volume": 61860.55, "trend": 91.339634, "fair_value": 89.646455, "relative_strength": 4.336104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.423142, "energy": 22.822182, "activity_lines": [ 91.887134, 92.860056, 93.655944, 92.896857 ] }, { "date": "2023-10-13", "close": 91.685997, "volume": 250656, "typical_volume": 69778.9, "trend": 91.607434, "fair_value": 89.744224, "relative_strength": 4.603325, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.275235, "energy": 29.824124, "activity_lines": [ 91.556399, 92.533946, 93.481696, 92.919203 ] }, { "date": "2023-10-20", "close": 89.547997, "volume": 78619, "typical_volume": 71827.1, "trend": 91.796167, "fair_value": 89.835147, "relative_strength": 4.626558, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.748274, "energy": 52.99899, "activity_lines": [ 90.716865, 91.897272, 93.091648, 92.786336 ] }, { "date": "2023-10-27", "close": 87.628998, "volume": 135024, "typical_volume": 76736.5, "trend": 91.8188, "fair_value": 89.939756, "relative_strength": 2.69239, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.244195, "energy": 63.178089, "activity_lines": [ 89.578731, 91.00069, 92.525848, 92.517486 ] }, { "date": "2023-11-03", "close": 92.267998, "volume": 86271, "typical_volume": 73268.25, "trend": 91.996167, "fair_value": 90.04075, "relative_strength": 4.787767, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.558408, "energy": 34.236131, "activity_lines": [ 90.293664, 91.034271, 92.420028, 92.546467 ] }, { "date": "2023-11-10", "close": 92.456001, "volume": 51994, "typical_volume": 74312.0, "trend": 92.148367, "fair_value": 90.135718, "relative_strength": 3.539589, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.034565, "energy": 24.035773, "activity_lines": [ 91.001399, 91.113872, 92.3402, 92.576133 ] }, { "date": "2023-11-17", "close": 95.084, "volume": 109711, "typical_volume": 77931.5, "trend": 92.3918, "fair_value": 90.244987, "relative_strength": 4.653417, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 14.923519, "energy": 11.600984, "activity_lines": [ 92.456933, 91.729544, 92.510219, 92.765529 ] }, { "date": "2023-11-24", "close": 96.078003, "volume": 17220, "typical_volume": 75093.15, "trend": 92.652034, "fair_value": 90.352372, "relative_strength": 4.666396, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 28.374499, "energy": 32.068128, "activity_lines": [ 94.017267, 92.519763, 92.77121, 93.003349 ] }, { "date": "2023-12-01", "close": 96.567001, "volume": 48405, "typical_volume": 76287.75, "trend": 92.950267, "fair_value": 90.455718, "relative_strength": 4.308294, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 60.003654, "energy": 54.744596, "activity_lines": [ 95.305268, 93.373182, 93.067729, 93.255927 ] }, { "date": "2023-12-08", "close": 96.769997, "volume": 72765, "typical_volume": 78356.15, "trend": 93.2531, "fair_value": 90.566673, "relative_strength": 3.016944, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.764621, "energy": 70.767136, "activity_lines": [ 96.065067, 94.184654, 93.379938, 93.502361 ] }, { "date": "2023-12-15", "close": 99.617996, "volume": 154762, "typical_volume": 82499.25, "trend": 93.600533, "fair_value": 90.68866, "relative_strength": 4.404694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.35445, "energy": 84.737174, "activity_lines": [ 97.474065, 95.413035, 93.96219, 93.913 ] }, { "date": "2023-12-22", "close": 100.379997, "volume": 51748, "typical_volume": 83077.9, "trend": 93.9756, "fair_value": 90.815603, "relative_strength": 6.04566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.948363, "energy": 89.684019, "activity_lines": [ 98.659598, 96.61478, 94.605523, 94.350385 ] }, { "date": "2023-12-29", "close": 100.236, "volume": 15772, "typical_volume": 82099.0, "trend": 94.2828, "fair_value": 90.93707, "relative_strength": 5.559669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.549715, "energy": 89.616133, "activity_lines": [ 99.444065, 97.632272, 95.214213, 94.754281 ] }, { "date": "2024-01-05", "close": 99.181, "volume": 38938, "typical_volume": 79328.0, "trend": 94.540667, "fair_value": 91.040961, "relative_strength": 5.318883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.386666, "energy": 84.579414, "activity_lines": [ 99.599665, 98.263617, 95.694842, 95.070294 ] }, { "date": "2024-01-12", "close": 100.796997, "volume": 69792, "typical_volume": 81057.85, "trend": 94.768367, "fair_value": 91.159981, "relative_strength": 6.339934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.606306, "energy": 85.664699, "activity_lines": [ 100.119665, 98.978744, 96.297075, 95.473928 ] }, { "date": "2024-01-19", "close": 101.195, "volume": 81269, "typical_volume": 82320.35, "trend": 95.062733, "fair_value": 91.272718, "relative_strength": 6.891337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.837727, "energy": 80.657517, "activity_lines": [ 100.503866, 99.611162, 96.899699, 95.88855 ] }, { "date": "2024-01-26", "close": 103.249001, "volume": 53991, "typical_volume": 83290.35, "trend": 95.360767, "fair_value": 91.413667, "relative_strength": 3.702856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.742064, "energy": 85.276303, "activity_lines": [ 101.4676, 100.458145, 97.671585, 96.416696 ] }, { "date": "2024-02-02", "close": 104.218002, "volume": 91108, "typical_volume": 86873.6, "trend": 95.7094, "fair_value": 91.53916, "relative_strength": 3.903604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.050666, "energy": 93.706758, "activity_lines": [ 102.563067, 101.332854, 98.495257, 96.988131 ] }, { "date": "2024-02-09", "close": 105.528999, "volume": 29890, "typical_volume": 86792.15, "trend": 96.033633, "fair_value": 91.667872, "relative_strength": 1.468343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.125702, "energy": 94.370597, "activity_lines": [ 103.830067, 102.297927, 99.39829, 97.621653 ] }, { "date": "2024-02-16", "close": 105.954002, "volume": 31267, "typical_volume": 85450.3, "trend": 96.348133, "fair_value": 91.798686, "relative_strength": 0.958368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.053767, "energy": 93.859674, "activity_lines": [ 104.815534, 103.177327, 100.278471, 98.261677 ] }, { "date": "2024-02-23", "close": 107.263, "volume": 36635, "typical_volume": 75291.85, "trend": 96.6834, "fair_value": 91.950551, "relative_strength": 2.382754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.339109, "energy": 93.90646, "activity_lines": [ 105.893534, 104.127746, 101.213157, 98.965862 ] }, { "date": "2024-03-01", "close": 107.764999, "volume": 16652, "typical_volume": 63591.65, "trend": 97.076067, "fair_value": 92.119429, "relative_strength": 2.748994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.785453, "energy": 88.848705, "activity_lines": [ 106.734333, 105.030436, 102.115985, 99.680804 ] }, { "date": "2024-03-08", "close": 108.530998, "volume": 35605, "typical_volume": 61440.95, "trend": 97.545666, "fair_value": 92.266853, "relative_strength": 2.326182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.05517, "energy": 79.950393, "activity_lines": [ 107.529399, 105.938127, 103.0152, 100.419832 ] }, { "date": "2024-03-15", "close": 107.696999, "volume": 27579, "typical_volume": 56068.7, "trend": 98.055633, "fair_value": 92.409327, "relative_strength": 2.582748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.170187, "energy": 67.925357, "activity_lines": [ 107.758932, 106.543363, 103.74459, 101.074756 ] }, { "date": "2024-03-22", "close": 110.198997, "volume": 19524, "typical_volume": 52731.35, "trend": 98.631633, "fair_value": 92.565327, "relative_strength": 1.847472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.906425, "energy": 73.061259, "activity_lines": [ 108.677932, 107.448672, 104.616704, 101.858199 ] }, { "date": "2024-03-29", "close": 110.628998, "volume": 13288, "typical_volume": 50796.05, "trend": 99.130599, "fair_value": 92.714526, "relative_strength": 1.448583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.669444, "energy": 71.839772, "activity_lines": [ 109.457265, 108.261217, 105.444385, 102.632223 ] }, { "date": "2024-04-05", "close": 109.405998, "volume": 40129, "typical_volume": 47316.95, "trend": 99.619333, "fair_value": 92.842186, "relative_strength": 0.305109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.264256, "energy": 66.177213, "activity_lines": [ 109.604531, 108.679871, 106.069051, 103.295152 ] }, { "date": "2024-04-12", "close": 108.417, "volume": 21769, "typical_volume": 47544.4, "trend": 100.077766, "fair_value": 92.95375, "relative_strength": -1.030892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.482786, "energy": 64.805775, "activity_lines": [ 109.312732, 108.806762, 106.531328, 103.862743 ] }, { "date": "2024-04-19", "close": 105.036003, "volume": 179134, "typical_volume": 54080.85, "trend": 100.504633, "fair_value": 93.044301, "relative_strength": -1.610189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.038392, "energy": 47.148753, "activity_lines": [ 107.901533, 108.242581, 106.612847, 104.182629 ] }, { "date": "2024-04-26", "close": 107.227997, "volume": 223127, "typical_volume": 61598.95, "trend": 101.038232, "fair_value": 93.147647, "relative_strength": -2.208456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.024673, "energy": 32.634698, "activity_lines": [ 107.398399, 108.085908, 106.862799, 104.616395 ] }, { "date": "2024-05-03", "close": 107.584999, "volume": 33507, "typical_volume": 55536.2, "trend": 101.606632, "fair_value": 93.245936, "relative_strength": -2.482284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.67984, "energy": 25.82923, "activity_lines": [ 107.212333, 107.970981, 107.096952, 105.038767 ] }, { "date": "2024-05-10", "close": 109.746002, "volume": 21865, "typical_volume": 54042.05, "trend": 102.208633, "fair_value": 93.367686, "relative_strength": -3.11354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.069815, "energy": 31.736195, "activity_lines": [ 107.949534, 108.243109, 107.498976, 105.563888 ] }, { "date": "2024-05-17", "close": 111.362, "volume": 28131, "typical_volume": 54660.0, "trend": 102.935766, "fair_value": 93.498417, "relative_strength": -2.059019, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.997681, "energy": 53.085811, "activity_lines": [ 109.202733, 108.773036, 108.010304, 106.154427 ] }, { "date": "2024-05-24", "close": 111.531998, "volume": 28706, "typical_volume": 54148.4, "trend": 103.732533, "fair_value": 93.624827, "relative_strength": -2.207063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.14451, "energy": 64.152534, "activity_lines": [ 110.316266, 109.2824, 108.484842, 106.709023 ] }, { "date": "2024-05-31", "close": 109.527, "volume": 37159, "typical_volume": 52516.75, "trend": 104.307833, "fair_value": 93.737006, "relative_strength": -2.76551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.795543, "energy": 58.824227, "activity_lines": [ 110.3284, 109.357491, 108.709614, 107.08286 ] }, { "date": "2024-06-07", "close": 112.625999, "volume": 24894, "typical_volume": 49698.0, "trend": 104.980166, "fair_value": 93.866641, "relative_strength": -2.212614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.11549, "energy": 72.899674, "activity_lines": [ 111.220266, 110.008254, 109.187957, 107.619516 ] }, { "date": "2024-06-14", "close": 113.973999, "volume": 43068, "typical_volume": 49151.85, "trend": 105.609833, "fair_value": 94.012981, "relative_strength": -0.542354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.577408, "energy": 76.046662, "activity_lines": [ 112.225399, 110.867799, 109.740247, 108.199763 ] }, { "date": "2024-06-21", "close": 114.922997, "volume": 63110, "typical_volume": 47751.95, "trend": 106.237999, "fair_value": 94.151417, "relative_strength": -0.452575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.399885, "energy": 77.307715, "activity_lines": [ 113.264998, 111.816835, 110.331847, 108.800612 ] }, { "date": "2024-06-28", "close": 115.671997, "volume": 36493, "typical_volume": 48082.1, "trend": 106.874832, "fair_value": 94.286679, "relative_strength": 0.29407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.848942, "energy": 86.585223, "activity_lines": [ 114.316865, 112.783762, 110.943804, 109.409257 ] }, { "date": "2024-07-05", "close": 116.625999, "volume": 170443, "typical_volume": 55040.9, "trend": 107.536699, "fair_value": 94.42416, "relative_strength": 0.040775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.54206, "energy": 87.574422, "activity_lines": [ 115.410731, 113.730762, 111.598318, 110.038365 ] }, { "date": "2024-07-12", "close": 118.403999, "volume": 35149, "typical_volume": 54966.6, "trend": 108.162899, "fair_value": 94.574782, "relative_strength": 0.331665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.540742, "energy": 91.025135, "activity_lines": [ 116.623998, 114.830162, 112.371347, 110.739481 ] }, { "date": "2024-07-19", "close": 115.859001, "volume": 50591, "typical_volume": 56663.55, "trend": 108.678866, "fair_value": 94.701442, "relative_strength": 2.197135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.073606, "energy": 77.511241, "activity_lines": [ 116.603733, 115.270126, 112.848942, 111.236003 ] }, { "date": "2024-07-26", "close": 114.491997, "volume": 50542, "typical_volume": 57410.4, "trend": 109.154066, "fair_value": 94.820904, "relative_strength": 1.005346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.90829, "energy": 57.700746, "activity_lines": [ 116.002132, 115.350399, 113.157804, 111.611044 ] }, { "date": "2024-08-02", "close": 111.665001, "volume": 71831, "typical_volume": 59623.0, "trend": 109.570199, "fair_value": 94.916724, "relative_strength": 1.575212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.124397, "energy": 34.806593, "activity_lines": [ 114.486933, 114.859763, 113.169042, 111.77304 ] }, { "date": "2024-08-09", "close": 111.900002, "volume": 94022, "typical_volume": 63347.9, "trend": 109.940299, "fair_value": 95.009513, "relative_strength": 1.224559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.012854, "energy": 23.229477, "activity_lines": [ 113.3172, 114.409436, 113.183766, 111.92335 ] }, { "date": "2024-08-16", "close": 116.287003, "volume": 35970, "typical_volume": 64482.0, "trend": 110.443366, "fair_value": 95.134743, "relative_strength": 2.560441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.283016, "energy": 25.685526, "activity_lines": [ 113.924868, 114.7136, 113.6082, 112.332815 ] }, { "date": "2024-08-23", "close": 118.051003, "volume": 16228, "typical_volume": 63286.95, "trend": 110.936766, "fair_value": 95.261468, "relative_strength": 3.73356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.927515, "energy": 29.915549, "activity_lines": [ 115.261669, 115.271928, 114.173691, 112.82363 ] }, { "date": "2024-08-30", "close": 117.503998, "volume": 20375, "typical_volume": 63217.25, "trend": 111.379633, "fair_value": 95.380147, "relative_strength": 2.122631, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.719151, "energy": 43.383258, "activity_lines": [ 116.270001, 115.656673, 114.645919, 113.247322 ] }, { "date": "2024-09-06", "close": 113.777, "volume": 31444, "typical_volume": 55832.75, "trend": 111.654566, "fair_value": 95.482064, "relative_strength": 3.291852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.730067, "energy": 38.768453, "activity_lines": [ 115.835201, 115.316855, 114.719924, 113.401991 ] }, { "date": "2024-09-13", "close": 117.983002, "volume": 90815, "typical_volume": 49217.15, "trend": 112.055533, "fair_value": 95.617211, "relative_strength": 4.636047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.376795, "energy": 48.020526, "activity_lines": [ 116.661601, 115.776219, 115.152876, 113.810277 ] }, { "date": "2024-09-20", "close": 119.292, "volume": 65363, "typical_volume": 50809.95, "trend": 112.4565, "fair_value": 95.76034, "relative_strength": 5.931631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.405428, "energy": 54.292003, "activity_lines": [ 117.5188, 116.44891, 115.659281, 114.277146 ] }, { "date": "2024-09-27", "close": 120.540001, "volume": 31419, "typical_volume": 51287.65, "trend": 112.882333, "fair_value": 95.928103, "relative_strength": 4.620607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.126788, "energy": 55.789192, "activity_lines": [ 118.591667, 117.332364, 116.228796, 114.798662 ] }, { "date": "2024-10-04", "close": 119.611, "volume": 52096, "typical_volume": 52485.9, "trend": 113.251666, "fair_value": 96.079538, "relative_strength": 4.348723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.515457, "energy": 66.915876, "activity_lines": [ 119.188934, 117.961801, 116.658434, 115.23277 ] }, { "date": "2024-10-11", "close": 121.899002, "volume": 39403, "typical_volume": 53020.75, "trend": 113.725066, "fair_value": 96.236474, "relative_strength": 5.731076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.367281, "energy": 74.374484, "activity_lines": [ 120.408401, 118.914165, 117.266696, 115.790663 ] }, { "date": "2024-10-18", "close": 122.889, "volume": 26362, "typical_volume": 52480.9, "trend": 114.148066, "fair_value": 96.39025, "relative_strength": 7.889131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.019506, "energy": 78.672639, "activity_lines": [ 121.416401, 119.860455, 117.919877, 116.381884 ] }, { "date": "2024-10-25", "close": 122.516998, "volume": 15304, "typical_volume": 52001.4, "trend": 114.544333, "fair_value": 96.533102, "relative_strength": 7.88766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.974009, "energy": 77.073118, "activity_lines": [ 121.973333, 120.539309, 118.474, 116.921815 ] }, { "date": "2024-11-01", "close": 120.567001, "volume": 28462, "typical_volume": 51271.1, "trend": 114.916367, "fair_value": 96.647513, "relative_strength": 7.814113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.589945, "energy": 68.484793, "activity_lines": [ 121.665267, 120.750346, 118.79531, 117.310374 ] }, { "date": "2024-11-08", "close": 125.577003, "volume": 29676, "typical_volume": 49599.4, "trend": 115.488367, "fair_value": 96.797987, "relative_strength": 13.166901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.822262, "energy": 77.643837, "activity_lines": [ 123.025401, 121.826546, 119.562367, 117.998157 ] }, { "date": "2024-11-15", "close": 123.300003, "volume": 57065, "typical_volume": 50628.0, "trend": 116.097167, "fair_value": 96.929692, "relative_strength": 12.319931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.23635, "energy": 62.579838, "activity_lines": [ 123.228802, 122.341965, 120.061834, 118.502134 ] }, { "date": "2024-11-22", "close": 124.875, "volume": 56980, "typical_volume": 44954.85, "trend": 116.6854, "fair_value": 97.087724, "relative_strength": 11.24133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.053928, "energy": 59.466509, "activity_lines": [ 123.863801, 122.970601, 120.674977, 119.068446 ] }, { "date": "2024-11-29", "close": 126.473999, "volume": 122364, "typical_volume": 49315.6, "trend": 117.315033, "fair_value": 97.263763, "relative_strength": 12.110774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.526885, "energy": 75.102016, "activity_lines": [ 124.899401, 123.764655, 121.401125, 119.699968 ] }, { "date": "2024-12-06", "close": 127.628998, "volume": 53629, "typical_volume": 49467.5, "trend": 117.911133, "fair_value": 97.427429, "relative_strength": 11.54875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.196214, "energy": 83.718879, "activity_lines": [ 126.0562, 124.638127, 122.198843, 120.365385 ] }, { "date": "2024-12-13", "close": 126.657997, "volume": 28551, "typical_volume": 48367.95, "trend": 118.421, "fair_value": 97.589917, "relative_strength": 10.200516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.968022, "energy": 84.909425, "activity_lines": [ 126.418532, 125.206163, 122.848038, 120.929699 ] }, { "date": "2024-12-20", "close": 124.596001, "volume": 51855, "typical_volume": 47369.15, "trend": 118.856467, "fair_value": 97.727109, "relative_strength": 10.409264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.290531, "energy": 62.862754, "activity_lines": [ 126.021466, 125.271163, 123.242919, 121.328086 ] }, { "date": "2024-12-27", "close": 125.039001, "volume": 13730, "typical_volume": 43354.55, "trend": 119.373533, "fair_value": 97.861295, "relative_strength": 10.023246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.379161, "energy": 50.63505, "activity_lines": [ 125.685666, 125.367673, 123.618414, 121.726959 ] }, { "date": "2025-01-03", "close": 124.037003, "volume": 19893, "typical_volume": 42550.7, "trend": 119.7539, "fair_value": 98.002513, "relative_strength": 8.330986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.777608, "energy": 34.490231, "activity_lines": [ 125.004934, 125.24291, 123.835915, 122.027828 ] }, { "date": "2025-01-10", "close": 121.809998, "volume": 50608, "typical_volume": 44269.7, "trend": 120.0151, "fair_value": 98.135724, "relative_strength": 5.579749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.224673, "energy": 21.682577, "activity_lines": [ 123.744334, 124.6856, 123.804414, 122.16048 ] }, { "date": "2025-01-17", "close": 125.737, "volume": 40074, "typical_volume": 45254.65, "trend": 120.375567, "fair_value": 98.315173, "relative_strength": 6.009986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.738003, "energy": 21.775782, "activity_lines": [ 124.180667, 124.819691, 124.129014, 122.529635 ] }, { "date": "2025-01-24", "close": 128.026001, "volume": 67185, "typical_volume": 47041.7, "trend": 120.787367, "fair_value": 98.527686, "relative_strength": 9.230416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.042802, "energy": 34.418792, "activity_lines": [ 125.4414, 125.367055, 124.63241, 123.023211 ] }, { "date": "2025-01-31", "close": 127.866997, "volume": 44374, "typical_volume": 44719.65, "trend": 121.162067, "fair_value": 98.722397, "relative_strength": 6.467171, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.759519, "energy": 40.218116, "activity_lines": [ 126.420466, 125.799581, 125.052809, 123.479961 ] }, { "date": "2025-02-07", "close": 126.502998, "volume": 72713, "typical_volume": 45087.15, "trend": 121.432034, "fair_value": 98.906609, "relative_strength": 4.883976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.022709, "energy": 45.078478, "activity_lines": [ 126.756332, 125.929708, 125.296238, 123.824538 ] }, { "date": "2025-02-14", "close": 127.896004, "volume": 73754, "typical_volume": 47203.9, "trend": 121.833267, "fair_value": 99.117865, "relative_strength": 3.340187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.378246, "energy": 58.180642, "activity_lines": [ 127.392134, 126.312582, 125.637995, 124.241568 ] }, { "date": "2025-02-21", "close": 127.237, "volume": 49477, "typical_volume": 47072.95, "trend": 122.2581, "fair_value": 99.324173, "relative_strength": 3.641615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.111256, "energy": 50.550117, "activity_lines": [ 127.402534, 126.570782, 125.881962, 124.590196 ] }, { "date": "2025-02-28", "close": 123.039001, "volume": 40482, "typical_volume": 47126.9, "trend": 122.637234, "fair_value": 99.513192, "relative_strength": 1.81557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.310404, "energy": 16.14233, "activity_lines": [ 125.913601, 126.055182, 125.689805, 124.640577 ] }, { "date": "2025-03-07", "close": 119.055, "volume": 89675, "typical_volume": 50292.55, "trend": 122.875734, "fair_value": 99.683109, "relative_strength": -0.406534, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -12.189134, "energy": 16.878561, "activity_lines": [ 123.429134, 124.843528, 125.112791, 124.409465 ] }, { "date": "2025-03-14", "close": 117.723999, "volume": 79782, "typical_volume": 53516.45, "trend": 122.923634, "fair_value": 99.818917, "relative_strength": -0.950647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.031791, "energy": 38.597606, "activity_lines": [ 121.088467, 123.498673, 124.427271, 124.077095 ] }, { "date": "2025-03-21", "close": 118.271004, "volume": 69034, "typical_volume": 55545.05, "trend": 122.930967, "fair_value": 99.945481, "relative_strength": -1.542103, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.033445, "energy": 55.579679, "activity_lines": [ 119.515401, 122.368055, 123.816672, 123.776925 ] }, { "date": "2025-03-28", "close": 117.072998, "volume": 38065, "typical_volume": 55964.5, "trend": 122.9166, "fair_value": 100.063301, "relative_strength": -1.798951, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.978244, "energy": 70.901376, "activity_lines": [ 118.184667, 121.083964, 123.10291, 123.398992 ] }, { "date": "2025-04-04", "close": 108.678001, "volume": 84402, "typical_volume": 57331.35, "trend": 122.746634, "fair_value": 100.130026, "relative_strength": -1.741842, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.604178, "energy": 91.148762, "activity_lines": [ 114.7332, 118.431037, 121.630119, 122.480372 ] }, { "date": "2025-04-11", "close": 110.304001, "volume": 123133, "typical_volume": 60639.0, "trend": 122.490667, "fair_value": 100.219, "relative_strength": 2.195047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.361344, "energy": 85.166332, "activity_lines": [ 112.781134, 116.425528, 120.381815, 121.677622 ] }, { "date": "2025-04-18", "close": 110.901001, "volume": 33675, "typical_volume": 56204.55, "trend": 122.210967, "fair_value": 100.325769, "relative_strength": -1.302503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.652184, "energy": 82.708709, "activity_lines": [ 111.611467, 114.847892, 119.259753, 120.929901 ] }, { "date": "2025-04-25", "close": 114.769997, "volume": 67269, "typical_volume": 56886.55, "trend": 122.018634, "fair_value": 100.474397, "relative_strength": -0.419856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.6526, "energy": 64.825085, "activity_lines": [ 112.186333, 114.257382, 118.580324, 120.449839 ] }, { "date": "2025-05-02", "close": 118.530998, "volume": 30955, "typical_volume": 57006.75, "trend": 121.982633, "fair_value": 100.661237, "relative_strength": -0.154176, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.46555, "energy": 44.339508, "activity_lines": [ 114.248266, 114.589345, 118.320319, 120.22483 ] }, { "date": "2025-05-09", "close": 118.410004, "volume": 37660, "typical_volume": 56297.0, "trend": 121.866334, "fair_value": 100.862628, "relative_strength": -1.295756, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.3841, "energy": 26.544997, "activity_lines": [ 116.172667, 115.0576, 118.087491, 119.994338 ] }, { "date": "2025-05-16", "close": 123.983002, "volume": 38453, "typical_volume": 57533.15, "trend": 121.9028, "fair_value": 101.119327, "relative_strength": 0.392561, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.597354, "energy": 20.597859, "activity_lines": [ 119.305934, 116.623292, 118.414881, 120.130897 ] }, { "date": "2025-05-23", "close": 121.288002, "volume": 91715, "typical_volume": 61124.25, "trend": 121.861834, "fair_value": 101.324102, "relative_strength": -0.492574, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.615098, "energy": 24.656576, "activity_lines": [ 120.628935, 117.609383, 118.490634, 120.091233 ] }, { "date": "2025-05-30", "close": 123.385002, "volume": 106927, "typical_volume": 63940.2, "trend": 121.955767, "fair_value": 101.544397, "relative_strength": 0.438825, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.724117, "energy": 27.578923, "activity_lines": [ 121.958469, 118.911947, 118.779191, 120.189502 ] }, { "date": "2025-06-06", "close": 125.278999, "volume": 19398, "typical_volume": 62906.4, "trend": 121.945834, "fair_value": 101.805929, "relative_strength": 1.02624, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.985764, "energy": 34.134987, "activity_lines": [ 123.345001, 120.465892, 119.240629, 120.403904 ] }, { "date": "2025-06-13", "close": 125.636002, "volume": 16496, "typical_volume": 60371.95, "trend": 122.0237, "fair_value": 102.10259, "relative_strength": 1.93874, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.108501, "energy": 44.119312, "activity_lines": [ 124.400668, 121.935547, 119.738248, 120.641979 ] }, { "date": "2025-06-20", "close": 124.995003, "volume": 79946, "typical_volume": 62150.55, "trend": 122.0277, "fair_value": 102.36607, "relative_strength": 2.794769, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.227747, "energy": 45.265852, "activity_lines": [ 124.760935, 122.980329, 120.186201, 120.833676 ] }, { "date": "2025-06-27", "close": 128.809998, "volume": 42113, "typical_volume": 60620.55, "trend": 122.105567, "fair_value": 102.668, "relative_strength": 4.372723, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.210761, "energy": 53.991911, "activity_lines": [ 126.325401, 124.451637, 121.011163, 121.271244 ] }, { "date": "2025-07-04", "close": 130.167999, "volume": 32914, "typical_volume": 58578.55, "trend": 122.1902, "fair_value": 102.960199, "relative_strength": 6.550585, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.44535, "energy": 65.071642, "activity_lines": [ 127.841067, 125.844237, 121.954472, 121.791401 ] }, { "date": "2025-07-11", "close": 130.326996, "volume": 16473, "typical_volume": 56928.35, "trend": 122.3125, "fair_value": 103.262314, "relative_strength": 4.928005, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.601865, "energy": 83.656219, "activity_lines": [ 128.957532, 126.985782, 122.902105, 122.316355 ] }, { "date": "2025-07-18", "close": 131.171005, "volume": 20360, "typical_volume": 55922.25, "trend": 122.531667, "fair_value": 103.553135, "relative_strength": 6.478559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.299285, "energy": 87.167226, "activity_lines": [ 130.0188, 128.06631, 123.915405, 122.887872 ] }, { "date": "2025-07-25", "close": 132.871994, "volume": 17869, "typical_volume": 52331.95, "trend": 122.792767, "fair_value": 103.838237, "relative_strength": 8.315583, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.743186, "energy": 91.172174, "activity_lines": [ 131.278065, 129.22409, 125.051981, 123.554989 ] }, { "date": "2025-08-01", "close": 129.899002, "volume": 46556, "typical_volume": 50670.65, "trend": 122.988167, "fair_value": 104.100551, "relative_strength": 8.042394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.742723, "energy": 84.232843, "activity_lines": [ 131.021199, 129.679709, 125.839619, 124.013456 ] }, { "date": "2025-08-08", "close": 132.772003, "volume": 32971, "typical_volume": 48867.5, "trend": 123.353567, "fair_value": 104.364423, "relative_strength": 9.283312, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.847981, "energy": 80.257466, "activity_lines": [ 131.649401, 130.501127, 126.8429, 124.644671 ] }, { "date": "2025-08-15", "close": 134.270996, "volume": 26978, "typical_volume": 48313.15, "trend": 123.638034, "fair_value": 104.639744, "relative_strength": 9.640503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.005636, "energy": 84.565297, "activity_lines": [ 132.603666, 131.424418, 127.91989, 125.349022 ] }, { "date": "2025-08-22", "close": 134.813004, "volume": 20624, "typical_volume": 45124.25, "trend": 123.864267, "fair_value": 104.93391, "relative_strength": 7.746211, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.135044, "energy": 77.008976, "activity_lines": [ 133.475667, 132.282764, 128.966605, 126.069987 ] }, { "date": "2025-08-29", "close": 134.296997, "volume": 32052, "typical_volume": 40570.2, "trend": 124.0786, "fair_value": 105.240045, "relative_strength": 8.950682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.914506, "energy": 83.988484, "activity_lines": [ 133.932866, 132.880436, 129.839724, 126.743067 ] }, { "date": "2025-09-05", "close": 134.628006, "volume": 105735, "typical_volume": 44173.2, "trend": 124.349434, "fair_value": 105.542404, "relative_strength": 8.658637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.347048, "energy": 82.615387, "activity_lines": [ 134.405402, 133.369164, 130.630115, 127.423674 ] }, { "date": "2025-09-12", "close": 136.996994, "volume": 46804, "typical_volume": 43149.95, "trend": 124.6528, "fair_value": 105.887923, "relative_strength": 9.030788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.610375, "energy": 79.652758, "activity_lines": [ 135.352333, 134.182836, 131.533138, 128.239645 ] }, { "date": "2025-09-19", "close": 137.903, "volume": 44867, "typical_volume": 43845.55, "trend": 125.008334, "fair_value": 106.26284, "relative_strength": 7.038456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.661675, "energy": 77.928568, "activity_lines": [ 136.319599, 135.037073, 132.416605, 129.094497 ] }, { "date": "2025-09-26", "close": 137.690994, "volume": 37303, "typical_volume": 43827.7, "trend": 125.496733, "fair_value": 106.640096, "relative_strength": 5.690864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.141326, "energy": 76.445545, "activity_lines": [ 136.974064, 135.715017, 133.187633, 129.912733 ] }, { "date": "2025-10-03", "close": 140.063995, "volume": 32597, "typical_volume": 43534.9, "trend": 126.197033, "fair_value": 107.032942, "relative_strength": 4.712519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.801782, "energy": 86.28885, "activity_lines": [ 138.227663, 136.705871, 134.092846, 130.852556 ] }, { "date": "2025-10-10", "close": 137.681, "volume": 80119, "typical_volume": 42955.1, "trend": 126.862267, "fair_value": 107.416506, "relative_strength": 5.041519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.302322, "energy": 66.219013, "activity_lines": [ 138.302464, 137.132689, 134.694532, 131.593457 ] }, { "date": "2025-10-17", "close": 137.352005, "volume": 31921, "typical_volume": 39204.8, "trend": 127.4983, "fair_value": 107.788102, "relative_strength": 2.993272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.613281, "energy": 62.507486, "activity_lines": [ 138.064067, 137.358199, 135.186823, 132.270215 ] }, { "date": "2025-10-24", "close": 139.615997, "volume": 15553, "typical_volume": 39012.55, "trend": 128.249733, "fair_value": 108.152224, "relative_strength": 2.130767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.326438, "energy": 63.43925, "activity_lines": [ 138.556666, 137.912072, 135.828223, 133.052002 ] }, { "date": "2025-10-31", "close": 142.016006, "volume": 221222, "typical_volume": 49248.85, "trend": 129.361, "fair_value": 108.548795, "relative_strength": 4.549243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.982597, "energy": 67.220964, "activity_lines": [ 139.735069, 138.805127, 136.629924, 133.940148 ] }, { "date": "2025-11-07", "close": 137.973999, "volume": 55410, "typical_volume": 48022.05, "trend": 130.283333, "fair_value": 108.889859, "relative_strength": 3.763042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.025778, "energy": 53.624634, "activity_lines": [ 139.277801, 138.832309, 136.968671, 134.495826 ] }, { "date": "2025-11-14", "close": 140.173004, "volume": 14224, "typical_volume": 46627.6, "trend": 131.259067, "fair_value": 109.244526, "relative_strength": 5.227284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.597705, "energy": 53.652204, "activity_lines": [ 139.692869, 139.192455, 137.455043, 135.133869 ] }, { "date": "2025-11-21", "close": 136.369995, "volume": 54272, "typical_volume": 47695.5, "trend": 131.979067, "fair_value": 109.566026, "relative_strength": 5.084145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.252923, "energy": 36.224911, "activity_lines": [ 138.674133, 138.760327, 137.525114, 135.463606 ] }, { "date": "2025-11-28", "close": 141.884995, "volume": 17789, "typical_volume": 47761.3, "trend": 132.757533, "fair_value": 109.920282, "relative_strength": 7.298126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.482965, "energy": 41.049885, "activity_lines": [ 139.559198, 139.342326, 138.09089, 136.102698 ] }, { "date": "2025-12-05", "close": 142.453995, "volume": 17988, "typical_volume": 47642.7, "trend": 133.559, "fair_value": 110.289692, "relative_strength": 7.152824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.474577, "energy": 46.62678, "activity_lines": [ 140.482663, 139.95538, 138.655818, 136.728277 ] }, { "date": "2025-12-12", "close": 141.246002, "volume": 40922, "typical_volume": 48795.35, "trend": 134.134433, "fair_value": 110.668, "relative_strength": 7.012754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.395008, "energy": 42.669094, "activity_lines": [ 140.974265, 140.262199, 139.051971, 137.224212 ] }, { "date": "2025-12-19", "close": 141.610001, "volume": 63580, "typical_volume": 49646.55, "trend": 134.811833, "fair_value": 111.05082, "relative_strength": 6.609804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.953422, "energy": 48.001068, "activity_lines": [ 141.369066, 140.613708, 139.442914, 137.706507 ] }, { "date": "2025-12-26", "close": 143.186996, "volume": 16416, "typical_volume": 48818.8, "trend": 135.471899, "fair_value": 111.445218, "relative_strength": 8.018531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.607344, "energy": 56.671225, "activity_lines": [ 142.193732, 141.180508, 139.92828, 138.24684 ] }, { "date": "2026-01-02", "close": 141.947006, "volume": 39055, "typical_volume": 49422.65, "trend": 136.0275, "fair_value": 111.824365, "relative_strength": 4.089187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.994656, "energy": 43.017657, "activity_lines": [ 142.150601, 141.415763, 140.245957, 138.664589 ] }, { "date": "2026-01-09", "close": 144.037003, "volume": 61613, "typical_volume": 51472.1, "trend": 136.640866, "fair_value": 112.203891, "relative_strength": 3.296022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.487092, "energy": 47.740648, "activity_lines": [ 142.800002, 141.988637, 140.726128, 139.181331 ] }, { "date": "2026-01-16", "close": 143.983994, "volume": 40284, "typical_volume": 51883.7, "trend": 137.273833, "fair_value": 112.588654, "relative_strength": 0.936459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.664804, "energy": 52.53474, "activity_lines": [ 143.3262, 142.515127, 141.157328, 139.655081 ] }, { "date": "2026-01-23", "close": 143.436005, "volume": 31260, "typical_volume": 48159.95, "trend": 137.761366, "fair_value": 112.952378, "relative_strength": 1.547707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.000758, "energy": 42.771402, "activity_lines": [ 143.487201, 142.832709, 141.490209, 140.052641 ] }, { "date": "2026-01-30", "close": 143.550995, "volume": 39488, "typical_volume": 47794.15, "trend": 138.207466, "fair_value": 113.300775, "relative_strength": 1.410066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.769221, "energy": 42.469511, "activity_lines": [ 143.564799, 143.111872, 141.7921, 140.426165 ] }, { "date": "2026-02-06", "close": 142.584, "volume": 87605, "typical_volume": 49931.05, "trend": 138.616033, "fair_value": 113.656718, "relative_strength": 1.276884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.499395, "energy": 35.687478, "activity_lines": [ 143.295799, 143.084654, 141.970685, 140.708522 ] }, { "date": "2026-02-13", "close": 141.908005, "volume": 49129, "typical_volume": 50522.35, "trend": 138.973933, "fair_value": 114.012032, "relative_strength": 0.846588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.277435, "energy": 24.475072, "activity_lines": [ 142.759001, 142.921819, 142.0626, 140.920907 ] }, { "date": "2026-02-20", "close": 142.520996, "volume": 22103, "typical_volume": 49997.65, "trend": 139.295566, "fair_value": 114.384276, "relative_strength": -1.148721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.871384, "energy": 20.529644, "activity_lines": [ 142.568466, 142.880364, 142.192814, 141.14975 ] }, { "date": "2026-02-27", "close": 142.046005, "volume": 47275, "typical_volume": 48355.45, "trend": 139.700466, "fair_value": 114.745493, "relative_strength": -2.440297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.53543, "energy": 16.592306, "activity_lines": [ 142.317135, 142.729364, 142.266091, 141.327198 ] }, { "date": "2026-03-06", "close": 140.824997, "volume": 38225, "typical_volume": 48670.65, "trend": 139.9689, "fair_value": 115.110782, "relative_strength": 1.148046, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.387788, "energy": 14.033487, "activity_lines": [ 141.751467, 142.348436, 142.202295, 141.399748 ] }, { "date": "2026-03-13", "close": 137.429001, "volume": 41375, "typical_volume": 49961.75, "trend": 140.074166, "fair_value": 115.455506, "relative_strength": -3.486346, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.653007, "energy": 19.650534, "activity_lines": [ 140.235534, 141.393, 141.798533, 141.235884 ] }, { "date": "2026-03-20", "close": 135.337006, "volume": 26929, "typical_volume": 40247.1, "trend": 140.091633, "fair_value": 115.78532, "relative_strength": -1.151245, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.517094, "energy": 52.036407, "activity_lines": [ 138.365935, 140.139347, 141.205948, 140.93026 ] }, { "date": "2026-03-27", "close": 132.365005, "volume": 43517, "typical_volume": 39652.45, "trend": 140.027233, "fair_value": 116.076442, "relative_strength": -3.296429, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.973858, "energy": 71.274959, "activity_lines": [ 135.943737, 138.503511, 140.36212, 140.431768 ] }, { "date": "2026-04-03", "close": 135.667999, "volume": 24578, "typical_volume": 40170.15, "trend": 140.0619, "fair_value": 116.388756, "relative_strength": -2.601199, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.445757, "energy": 65.342762, "activity_lines": [ 135.299602, 137.679474, 139.859572, 140.150527 ] }, { "date": "2026-04-10", "close": 140.798996, "volume": 32814, "typical_volume": 39097.25, "trend": 140.188633, "fair_value": 116.727917, "relative_strength": -2.421366, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.019279, "energy": 45.711356, "activity_lines": [ 136.791, 137.929583, 139.867143, 140.198082 ] }, { "date": "2026-04-17", "close": 146.804993, "volume": 31554, "typical_volume": 39785.5, "trend": 140.485366, "fair_value": 117.106276, "relative_strength": 0.227096, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 20.413945, "energy": 9.871694, "activity_lines": [ 140.286131, 139.321727, 140.425624, 140.624944 ] }, { "date": "2026-04-24", "close": 147.007996, "volume": 23775, "typical_volume": 40074.85, "trend": 140.795933, "fair_value": 117.482795, "relative_strength": 0.499057, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 32.161964, "energy": 33.144605, "activity_lines": [ 143.223863, 140.674035, 140.980009, 141.045759 ] }, { "date": "2026-05-01", "close": 147.5, "volume": 18994, "typical_volume": 38978.45, "trend": 141.0438, "fair_value": 117.866641, "relative_strength": 1.300561, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.41651, "energy": 55.35007, "activity_lines": [ 145.54753, 142.023071, 141.559566, 141.478279 ] }, { "date": "2026-05-08", "close": 152.029999, "volume": 31811, "typical_volume": 37390.0, "trend": 141.5221, "fair_value": 118.279109, "relative_strength": 3.802037, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.622748, "energy": 84.473174, "activity_lines": [ 148.372198, 144.105217, 142.540771, 142.187066 ] }, { "date": "2026-05-15", "close": 152.880005, "volume": 30564, "typical_volume": 38097.4, "trend": 142.0397, "fair_value": 118.687346, "relative_strength": 4.85796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.21237, "energy": 88.676928, "activity_lines": [ 150.3894, 146.160381, 143.553309, 142.919834 ] }, { "date": "2026-05-22", "close": 154.190002, "volume": 31256, "typical_volume": 37707.45, "trend": 142.5255, "fair_value": 119.10441, "relative_strength": 2.045476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.817116, "energy": 89.816059, "activity_lines": [ 152.037868, 148.234545, 144.644452, 143.703725 ] }, { "date": "2026-05-29", "close": 156.039993, "volume": 39978, "typical_volume": 36625.7, "trend": 142.992966, "fair_value": 119.521205, "relative_strength": 4.043217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.817467, "energy": 92.235465, "activity_lines": [ 153.810666, 150.340326, 145.853485, 144.575628 ] }, { "date": "2026-06-05", "close": 154.059998, "volume": 7718, "typical_volume": 34997.4, "trend": 143.529166, "fair_value": 119.922583, "relative_strength": 1.934876, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.555174, "energy": 85.645744, "activity_lines": [ 154.321332, 151.709689, 146.81679, 145.28963 ] }, { "date": "2026-06-12", "close": 152.960007, "volume": 8795, "typical_volume": 33874.15, "trend": 143.9554, "fair_value": 120.30075, "relative_strength": -2.613156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.624854, "energy": 76.035196, "activity_lines": [ 154.028001, 152.4846, 147.627352, 145.898071 ] }, { "date": "2026-06-19", "close": 154.080002, "volume": 3771, "typical_volume": 32088.3, "trend": 144.545733, "fair_value": 120.696365, "relative_strength": -1.694641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.239439, "energy": 66.6925, "activity_lines": [ 154.046001, 153.148746, 148.499229, 146.551271 ] }, { "date": "2026-06-26", "close": 151.589996, "volume": 1548, "typical_volume": 27785.45, "trend": 144.869233, "fair_value": 121.063558, "relative_strength": -1.732018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.893148, "energy": 53.223217, "activity_lines": [ 153.154, 153.118691, 149.083824, 147.00574 ] }, { "date": "2026-07-03", "close": 154.289993, "volume": 1550, "typical_volume": 25406.5, "trend": 145.263767, "fair_value": 121.451577, "relative_strength": -2.04378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.877774, "energy": 49.733598, "activity_lines": [ 153.335331, 153.492544, 149.882675, 147.613531 ] }, { "date": "2026-07-10", "close": 155.339996, "volume": 74225, "typical_volume": 28012.6, "trend": 145.733566, "fair_value": 121.833231, "relative_strength": -1.496642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.671349, "energy": 57.805727, "activity_lines": [ 153.98333, 153.924907, 150.722565, 148.26361 ] }, { "date": "2026-07-17", "close": 153.699997, "volume": 16910, "typical_volume": 26494.35, "trend": 146.136566, "fair_value": 122.199775, "relative_strength": -3.18778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.556094, "energy": 53.858773, "activity_lines": [ 153.999329, 153.916543, 151.345222, 148.777573 ] }, { "date": "2026-07-24", "close": 153.110001, "volume": 12017, "typical_volume": 25183.95, "trend": 146.467333, "fair_value": 122.558141, "relative_strength": -3.308119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.181833, "energy": 48.266555, "activity_lines": [ 153.769331, 153.770544, 151.856194, 149.227472 ] }, { "date": "2026-07-31", "close": 152.539993, "volume": 14658, "typical_volume": 23848.1, "trend": 146.820433, "fair_value": 122.920673, "relative_strength": -4.367537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.530871, "energy": 39.663333, "activity_lines": [ 153.413996, 153.516724, 152.254379, 149.619257 ] }, { "date": "2026-08-07", "close": 159.320007, "volume": 15591, "typical_volume": 23281.2, "trend": 147.329866, "fair_value": 123.336551, "relative_strength": -1.147833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.872723, "energy": 57.470423, "activity_lines": [ 155.255333, 154.525635, 153.226323, 150.425681 ] } ], "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." } } }